October 2, 1932

On the whole, Governor ROOSEVELT got a "good press" for his Portland address dealing with the regulation of public utilities. Much of the comment, whether favorable or unfavorable, cut across ordinary party lines. The New York Herald Tribune, for example, referred to the Democratic candidate's speech as "easily "the best of his Western trip * * * based "on a genuine familiarity with the mate"rial under discussion."

CHICAGO, Oct. 1. -- Samuel Instill; his son, Samuel Insull Jr., and Martin Insull, his brother, were asked today by cable and telegraph by State's Attorney Swanson if they would return voluntarily from the foreign countries in which they now are, to explain certain phases of the collapse of the public-utility enterprises which they dominated.

BOSTON, Oct. 1. -- "Continuation of undue discrimination and rebating by highway and water carriers" will stifle the country store and small industries, E.G. Buckland, president of the Railroad Credit Corporation and chairman of the New York, New Haven Hartford Railroad, said tonight at the annual dinner here of the Society of Officers of the Eastern Associations of Railroad Veterans.

An action that observers declare will come as near to providing the mythical "bank that cannot fail" as the present civilization will allow, was taken by the savings banks of New York State when their annual convention last week approved unanimously the establishing of a central bank to act as a modified Federal Reserve System for savings banks.

Beginning the new month without any flourishes, the stock and bond markets were characterized yesterday by extreme dullness. Indeed, the dealings in stocks were the slowest for a Saturday in eight years with two exceptions. Measured by the number of separate issues traded in, the market was the narrowest since July 9.