Evening Star Newspaper, May 12, 1923, Page 14

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14 VANCIAL. ARP DECLINES IN STOCK MARKET Turther Break in U. S. Steel Unsettles Rest of List. New Lows for Year. Pl Adams Express. Alr Reduction Ajax Rubber. ... Alaska Juneau. . Allled Chem.. Allls Chalmers, Am Agr Chem... Am Bosch AmCan..... Am Car & Fdy ‘Am Chicle Co. ... ‘Am Cotton Ofi. . Am Cot Oll pt. Am Express. AmTce. Am Intern: Am La France. Am Linseed. Am Locomo. Am Loco pf Am Metals. . | Am Raatator Am Smelting Am Steel Fdy. Am Sugar. Am Sumatra Am Tel & Telg.. Am Tobacco. . ‘Am Tobac (B) Am Water Wk Am WWK6% pI.. Am Woolen..... Am Woolen pf Am Writ Pr pt Am Zine&Lead. . Anaconda. Arnold Co. Art Met Constn. Asso D Goods. Assoclated Ol Atchison. . Atenison pf. . Atlantic Gulf. AU Gulf pt Atlas Fowde Atlas Tack. Austin Nicliols. . Austin Nich pf. | Auto Knitter. Baldwin Loco. Balto & Ohlo *Bank of Com. .. Barnesdall (A). Barnesdall (B).. Beechnut Pack.. Beth Steel Beth Sl $% pf . Eooth Fish Br EmSti2, Bklyn Edison. .. Bklyn Rap Tru.. BRT warrants Burns Bros (A). Burns Bros (1) . i Butie Copper. {Eutte & Super.., Caddo Oil Calif Pack. . Callf Petrol. Calif Petrol pf Callahan Zin Canad'n I'a Central Leath Cerro de l'asco. . Chandler Mot. Chesap & Ohio. 1 Chi Mil & St ! Chi Mil&StP pt. 1 Chi & Northwn.. {Chi RI& Pac. Chile Copper BY STUART Sreeial Di NITW I 10 The VORK, May ement whi ad ket Friday afternoon oush the short session <a enter was the steel stocks. Steel common being ¢ well below the too much for Bear traders ex- wicd their operations in other in- stries and succeeded in bringing wut a number of sharp declines. rhe selling started in the continued today. sight Fied down rapid w prices of 1 LW rest of the list. Rallway Stocks Lower, ilway shar went somewhat but they were relatively stead; were the sugars and coppe Lreak in Bethlehem Stecl was because, while the divi- s not to be taken until ket could be said to be for the p: ag of the seems y probable. which Steel ¢ on, down was something + surpri vidend wh e ease Wit went tive W Y two points, two. Mack swil favorable earn- was heavily sold and situation, Pavily was oft nearly three one time 0il Shares Follow Others. 01l shares followed the rest of the irket down. but did not develop any cial weak e e of @ fur- v ten-cen in Mid-Continental ude. Lere again a good deal talk andard Oil and big oil i having turned < month ago because of what head for the oil trade. < think this is one of the casons for the recent de- cut wa the itinental o, did compar .ngm rded the based aces boen knowl- rnings, | POOLS GETTING OUT. “tocks Poured Into Market as Steel Drops to 97 1-2. YORK throughor \ Iy the Asso NEW ~Prices | to- Coca-Cola. Colo Fuel o cx- { Columbia Gas. terpret- | Columb’a G 1 { Cons Clgar Con Gas ne Cons Textlle. | Cont Ca Continental Mo. Corn Products Corn Prod pf Cosden & Cu. in wh agair broke price on- <t e of any Whose l\(nu_\ volume the market made L issues, Chemi increared the ares poured o W 1 A umber of uther popular uding ebaker. Allied and Marine preferred Losses of one to three points we: iite common. some of the largest & recorded by du Pont, Cuban Do- i gar, Stewart Warner Strombers Carburetor, and U. S. Rubber. imated 625,000 shares. ed weak opened easier. | ightly to French sold around nd German mar dropped a peint to L0024 cent Cuban-Am Sug.. Cub Cane Sug. Cuba Cane S pf.. Cuban Dom pr.. Cuyamel Fruit.. ! Davidson Chem. Le Beers. e Dome Mines. Dupont (E1). Eastman Kod. .. Llec Stor Bat. Endicott-Joha. . Erte. - rie 1sUpt. . ... e 2d pf. v — amous Play | ‘amous Play pf COTTON PRICES OFF |:d3iressssr Iisk Kubbe: { Fleishman. . IN TRADING TODAY | icintrisic Gardner Motor. . Gen Am Tk Car. Ti the Associated Presa. Gen e‘:phalt.. NEW YORK, May Gen Cigar. tures opened firm Gen Electric. : October, iuary, 21.9 Ma Dec in- 1077% 61% 691y 107y 16% 81 94b, 12.—Cotton fu- May, 25.18; July 30; December, 2 tures closed steady 21.10: Octobe January, Gen Elec spl wi. 11 Gen Motors. . Gen Mot 7% deb. 101 H Gimbel Bros. . 430 Glidden. ¥ Golawin Corp. | Goourich. . | Goody pr pt W1 Granwy Consol | Gt Northern pt.. Great Nor Ore. Greene-Canan | Guantana Su. Gulf M & Nor pl. | Gult St Steel. Harbishaw Cab. i Hartman Corp | Hayes Wheel ed | Homestake | Househ'd Prod Houston Oil. Hudson Motor: Hupp Motors Hydraulic Stl. Iilinots Central. 109% Inland Steel w 39% Inland Stl pt w 1. 104% { Inspiration. . 347 umerb Rap Tr... 17 Int Cement {in Combust & i1t Harvester. Mer Marine, United States | |38t St hasine p‘ amounted o | 1nt Nickel. . with $329.- | Int Nickel p.. month of | in';lb!;;l;er» alling | 19" falling | 1,,¢ Tel & Intertype Corp.. Invincible O1 1ron Product Jewel Tea. Jewel Teapf.... Jones T | Jomes & Lign pt. 108 | KansasCSopf.. 52% Kayser (Julius). 35% Kelly-Spr Tire.. 49% Kelsey Wheel. .. 101 Kennecott. 38% | Keystone ) i Kinney G R 3 H { Laclede Gas. . mber, quict: mid NEW rutur 35’ 6% az 30 25% Bie 50 83 1% san 39 6614 ORLIEAN apened 5 On tead. ober. 50, 00; NEW il closed w unquot May. : August October, U, ber, 8.5 EXPORTS TO EUROPE ARE FALLING OFF! fr the which compared the same . considerable off (o Furepean eountries. A Department of Commerce analy- s made public today revealed that The United Kingdom, Germany and Relgium took considerably smaller quantities of American goods last Vfarch than they did during March, 1922 Ttaly and Franee increased their imports from the United States, Lowever, and the net falling off in uropean takings was morc than ifsct in the export totals by the in- sed demand on the American con- | pent euteide of this country, sl i . ROAD TO GET $699,878. | e Gas.. 'he Charleston and stern jLE&Wnctfs T iy 1 il 2o 3699 578 | Lea T & Rubber. {rom the government, the Interstate | Lehigh Valley ierce Commission determined to- | Lima Locomo. in consideration of the guaran- | LoewsInc. hade to common car- | Loft Inc. viers durins the first six months after | Loose-Wiles termination of federal control. Most | Louis & Nash. ... the guarantee payment has already n made. but_the commission today | Mack Trucki cortified $219.878 as the amount nec- | Mack Trucks 1st. rv for the rmment to close | Mackay Cos. Macy Co. wut the entire tr: ‘tion, Magma Copper. . Malltson & Co... Manhat El Sup. . Man El inv guar. i Market St prior. Marland Oil. Martin-Parry. .. Mathison Alkill. Maxwell (A) Maxwell (B) May Dp Stores. . 31a.| McIntyre Por. Miami Copper. Middle St Oll Midvale Steel. {Minn &St L (n). M SP&SSM pf... MoK & T (new). MK&T pf clA (n) Mo Pacific. ... Mo Pacific of . ... lontg'y-W'rds., 22 Faporis Auring March, 14 45% 19% 6!! teo of carnings NEW YORK EGG PRICES. XIW YORK, IgEs unset- tresh do. 1d nearby western on firsts to extras, 29a36; carby hennery browns extras, - WOULD CLOSE RAILROAD. The New York. New Haven and iartford asked the Intersiate Com- reo, Commission today to permit vandonment of its branch line from “outh. Decrfield to Sholburne Junc- Tion, Mass., which. it sajid, conld ml be made mmm . High. T4 66 12% Taw. 1% 64%5 12 1a 65% 430 2014 39% 90 168% 8 9 18% 17 147 Ciose. Ty 64%3 12 1% 65% 44 20% 12215 145% 40 59 9% 106% 23 "HE Open. High. 2T% 2T 26% 9 97 98"y 98'4 4l ] 64 119% 14% 951 38 31% 927 22 17% 17% 13 107% 218 4o 2 21% Moon Motor: | Mother Lode. Nash Motors. Nat Biscult w 1 Nat Conduit. Natl Enamel. . Natl Lead. . | Nevada Copper. N Or Tex&Mex.. N Y Alr Brake.. N Y Canners. N Y Central N Y Dock. NYNH&Harttd.. NY O&Western. Norfolk South. orf & West. North Amer. .. North Am pf.. North Pacific Nov Scot Steel.. 3214 Hosiery pf Orpheum Cir Otis Steel . Otis Steel pf. Owens Bittle Pacific G & E1. Pacific OI1. Packard Motor. Pan-Am Pete Pan-Am P (B) Panhandle. . Pennsylvania. Penn Seabd Stl People’s Gas. Pere Marquette. Philadelphia Co. I*hilip Morrls. .. 7 | Phillips Pete 16% 101% 428 8% 5 33 960 25% a1 2910 Lok B 669 lfli 48‘1 90 77!5 Y% 110 61 32% 34% 52 42 72% 46 8284 42 47 16% 3% 19 271 10% 26% 7% 94 125 34 41 21% Plerce-Arrow. Pierce Ol .. Pitts Coal Pitts Coa Pitts Porto It 3 Postum Cereal Produc & Ref. Pub Serv (new). { Puliman Co. . Punta Alegre. Pure Oll. . Railway Stl Sp Rap Tr Eec w.i RapTr Sce pt wi Ray Con Cop Reading Reading 2d pf Remington Replogle St Itep Ir & Steel.. ep Ir & Stlpf.. Reynolds Spr Rey Tobac (B) Royal Dutch. St Joseph Lead.. L&San Sran St L&San Sr pf. St L Southwn St L South pf... an Cecil BUg. vage Arms. . ab'd A L pf ars Roebuck Sencca Copper. Shattuck-Ariz Shell Union Siinmons Simms Petrol. Sinclair O11 Sinclalr pf. [ orto Sugar. uth Pacific uthern Rwy Southern Ry pf. Spicer Mfg Co. St Oil of Calif. and Qil of NJ. Stoilofr NJ pf.. Steel&Tube pf Sterling Prod. Stew't-Warner.. Stromb’s Carb | Studebaker. . Submar’'e Boat Supertor Oil. Tenn Copper Tex Company. Tex Gf Sulphur. Tex & P C Oil Plmken Bear... Tobacco Prod. ‘Tobac Prod A | Trans Cont Oil Union Bag & P Union Pacific Un Tauk Un Alloy United Drug.. United Fruit. United Ry Inv... Utd Ry Inv pf. Utd Retail Strs. UsCastirP. | US Food Prod. iU S Hoffman M U S Indus Ale { USRealty. IUbRcall) 2 U S Rubber. U S Rub 1st pf. | US Smelt&Ref. U S Smelt&R pt. US Steel. U S Steel p U S Tobacco. | Utan Copper. . { vanadium Cop. . an Raalte. a-Car Chem Va-C Chem p Wabash pf (A) Waldorf Sy ‘West Penn Co.., Western Md Western Union. West Air Brke Westhse EI&M White Eag Oil. ‘White Motor. White Oil Wickwire Wilson Co Willys-Overid. Will's-Overl pf.. { Woolworth. .. | Worthington | Wright Aero *0dd lot. 10% 10% - 11am.. 33520012 m. FOURTH CUT MADE ted Press. D INDEPE Kan., May in the price o ! tinent crude oil since { announced this morning by vie Oil and Gas Company April the ere. per barrel. i ROANOK! Va, outstanding fact Western's March May in was only | previous nigh in 1917. showing was Dack of which traffic as much as uary: fie England points, turn of old shopmen, ment in the work of new men. Gross revenues of $7 hampered by 4 spective! record. r cent and 52 per cen due to the rcturn thousands of cars from connections, LEVENING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Tow. Olce. 17 29 1oty 50 9o 251 51t 50 58! 66 31 4901, 11 s 109'% 84l 56! 25 5. REAGTIONARY SIGNS IN BOND MARKET Individual Issues Make Slight Gains—Liberties Frac- tionally Lower. BY GEORGE T. Special Dispateh to The Star. NEW YORK, May 12.—There were signs of reaction in the bond market today, piobably in sympathy with the movement in stocks. Hizh-grade ues held fairly well and libertys were quict and only fractionally lowes lower or HUGHES, the most special merited Bra part only attention. For in Unfon Gas con- rtible 7s which had such a sharp break Friday, rallied over 2 the opening today and then Iost a large share of the gain. This issue is convertible November 1, 1474, aid thereafter par for par into com- mon stock, so that, while the con- version privilege s not yet operative, the bond moves more or less with the stock. aed st losing price ent objected t H reture 1 peculative Socond- moved very i Tt vers much < list sallisd 1 {NEW FIRM TO MAKE curbed I speculative rails culariy. There was ke in the foreis Associated Press. Cleveland, t el fra Approved roit Pressed ounced, to- ul seed ste Leen the De . it was Nders steel Compan The corporation Comprises [ a 1d Company n Corp capitalized at properties ¢ Steel Compan and the m of Cleveland SEAT SELLS FOR $95,000. YORK. May 12.—The nge ership of Sternbach sold to 7 !|. Cox for The last pr \mos man | the Mo, nd Leor N i TRUCK TIRES ADVANCED AKRON, May a4 Rubber Compa 10 per cent advance 4 tires and an advanc per cent’ on cushio "his owe simil the st of the prin cre in the d i increase iare i the well ahead CLOSING SUGAR PRICES. NEW YORK. May 12 : Septerr Mirch, 1 HUDSON MOTOR EARNINGS. NEW YORK. May 1 1 Hudson Motor Car crstood to be running 100,000 monthly, swith that they will 1 evels in June Ju ny's first quarter et rnings of smpany are at the rat ind [ tions The actu ks an shows CHICAGO DAIRY PRICES. CHICAGO, May 12 hanged. Jlower: receipts. ; ordin —Butter un- o] o FEWER CARS NEED REPAIRS. Freight ca IMay 1 totaled 210 )t the total number ling to reports just riers with the Americ This was mpared with n need of repair on April 15 i time there were 214,051, cent. MADE RAILROAD DIRECTOR. NEW YORK, May 12-—George W. Niedringhaus of St. Louis was ¢ ed 4 railroad Utter., « meetin s in of repair on Al of file 5 . place of of the board, directors here. etary of the * 1 hoard re-clected its old officers, H lvh‘ HOURLY SALES OF STOCKS. 464300 IN CRUDE OIL PRICES | A X 12— The fourth cut of 10 cents per harrel all grades of mid-con wa Prai- Thie { number of " bales new prices range from $1.10 to §2.20 {NORFOLK & WESTERN'S | GROSS MAKES RECORD 12.—The Norfolk and atement was net ! fncome of $1,599.397, which exceeded by 62 per cent the combined net in- come of January and February, and about $1,000 less than the This excellent | o coal ) per cent in Jan- a freer movement of coal traf- from the Virginian piers to New and the gradual re- with improve- 776,123 not only exceeded those of 1922 and 1917 re GASOLINE PRICES CUT. l NEW VORK. N 12.—1 < ard Oil Company New Jer the Texas Company today reduced the { tank-wagon price of gasodine one nt a gallon in North and South |t rolina. The new prices range from 19 to 21 cents, excluding ‘WOOL PRICES HIGHER. LONDON, May 12—At the wool auction, which came to a conclusion {today, 14,590 bales were offered. The tone was_quieter, and prices general- 1y were 5 per cent under the best of the series. Compared fwith the close of the previous sales fine and mediun merinos were 10 per cent higher, and fow inferiors were up 15 per cent. During the present series the home trade bought 8$0.000 hales; the cont nent, $1.000, and America, 7.000. The held for the next auetion was 17,000, _——— BOSTON STOCK MARKE BOSTON. May 12.—Follow list of today's highest, closing _prices for the stocks dealt in here: over I lowest most. is a and active Abmeok Elevate Calu & Ariz . Calu & Tecla Carson Hill Min~ Connor” J T Davie Dail ! East Butte stern & 8 klin new i 1 Ru G Int Port Cemeut new and Creek f New Cornel North Butte 0ld Colony 0ld_Dominion . Osceola . but were the higgeft on Tt is not the volume of busi- ness which the road is carrying, but the comparatively high operating ratio that prevents it from showing record-breaking net as well as gross Fesults, Wu'm BIOS ‘aereeesniem 28% STAR, WASHINGTON, D. C., French cities issues fell off, but MOTOR CAR FRAMES i Rio de Jan $s 1946 arish | SAmTET A the three | - ATURDAY, MAY 12 1923 FINANCIAL. [ov ~ew vorx BONDS srooe rrcmves Received by Private Wire Direct to The Star Office. (Sales are in $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 101-1 means 1011-32) Sales. Righ. Tow. Close. Lib 3%s. 164 101-3 1011 101-2 Lib 1stds... 50 97-12 97-0 97-12 Lib2d 4%s... 719 97-12 97-10 97-12 Lib3d 43%s... 661 98-12 98-10 98-11 Lib4th 4%s.. 322 97-18 97-16 97-18 Victory 4%s.. 55 100-3 100-1 100-1 US4%81952. 14 99-5 99-4 995 FOREIGN. Bales. RAILROADS. Sales, High. Ann Arbor 4s 4 62% Atchison gen 4s... 21 87% AtlanticCL1st4s 3 86% Atlantic C L cl 4s. Low. Close. 79 B&Oprin3 95& B & O gold 4 76% B&O6s... 100% B&Ocviys 9% B&Oret 58 .1 81y B&0O PLE&WYV 4s. 74 B & OSW div 8%s. 94 BX1 RT 7s'21 ctst. 87 Canadian North 7s 113% Canad North 638 112% Canad Pac deb 4s.. 8% Central Pacific 4s. 85 Ches & Ohio cv 5. 88% [Ches & Ocv4t4n 87% rhe!&Osnl‘&u 83% Chi & Alton 3t%s 264% Chi B&Q gn 45 '58. 86'% Chi B&Q 1st rf bs. 99'% Chi & 2 111 gn 53 79% Chi Great West 4s. 50% Chi \l&‘lPr'lK:. 59% Chi M&St Pev os.. 66% Chi M&St P 45 '34, 1 CM&StPgn4iss 80% Chi& NW 6l%s 108 Chi Rys 58 804 Chi RT & Pac rf 4s 8 Chi & W Ind cn 4s. 0% CCC&StLrf6sA.. 101 Cleve Term 5'4s... 1 103% Cuba RR7%s.. 103% Del & Hudson 5%s 1 100 D&RG1strf5s.. 51% Det United 4143 825, | Izrie 1at con 43 55 Hrench Govit Tigs. 9; ! Erie con ext 7 103% [ Hasti 6sctfs.. ... 3 8 94 | Erie gen 4s. 441 Holland-Amer Gs. 5 Frie conv 4s A 47 Gr Trunk st ab 6 Grand Trunk Gr North gen Gr North gen 513 Havana ERL&P 51 1iud & Man ref 5 {Tfud & Man aj fis {111 Central ref 48 {111 Central 51gs. Int Rap Tran b Int R Transit 7s... Int& 3 Nor aj 6s. . Long Island rf 4s. Close. 102% 101 . Tow. 102 100% 964 96% 100% 100% 1 1104 Argentine 78 Belzium 7%s. Belztum 6s. Belglum 8s Bern 8s. Bolivia 83. { Bordeaux 6 Brazil 7 Brazil 8s. Canada 5% 1926 Canada 55 192! Canada 55 1952 Chile S5 1946 Chile 51926 Chile 851941 | Chinese Gov Ry 53 Christiania 8s. ... Copenhagen 5%s Cuba6¥%swi. Czechoslovakia 8s. & 2 o = EATHREP T i SRonmaanmx o= oy Denmark 8s. Denmark 6s. Dutch s Dutch Bast T 6347 | Dutch East 1 63 '62 amerlcan 7%s. . 1044 113% 108% 99% 8319 80% balh 84% 1004 { Marseilles 6s. | Mextco 5s. | Mexico 4s. Queensland 7s. . Queensland 6s th & SSM 6y, IMIK&Tprinisa 10 MK&T4sB. MK&T6sC MK & T adj 58 Mo Pacific 6s..... Mo Pacific gn 4s. .. {NOTex & M in bs. N Y Cent deb 6s. NY Centdeb 4s. N ¥ Centribs. New Haven 7s fr.. INY W & Bos 4145, {Norfolk & W cv 6s ‘.Vurlhcrn Pac Northern Pac 4s. Rio Gr Do Sul §s. . 40 Paulo.City, B O R MISCELLANEOUS. j Adax Rubber 55 A. 1 Cotton lJlI .m Anier Simelting Am SmIt&R 1st 5. {Am Sugar Rer 63. {AMT& T el tr 58, & Calif 1st 5s. Short L cn 5s '46. | Ore-Wash 1st rf 4s Penns ¥ Penn o 9 I Anaconda cv db s {Anaconda 1<t 6s Armour & Co 4% Atlantic Refin 53.. ! Bell Tel P’a is rcts, jBeth Steelrf is... Stecl pm Js. . teel s f 6s. ., i ! Bricr H St 1st | Pennsy | Pere Mrq 1st 4s 56 | Rapid Tran 65 w1.. 2 cading gen 4s. H L&SFpld4sA. ls F prln 3s. | Finc 6s ¥5isD.. " ad) s e b'd ALd4ssta.. Seab'd A Liref 4s.. ! Seab'd A Liad) 5s.. Seab’d A L con 6s.. | Sou Pacificev 4s... Sou Pacific ref 4s. Sou Paci ¥ Southern Ry 1st 55 “outhern Ry gn 4s 2 1 uthern Ry 6'2s. {Third Averef 4s ! Third Ave adj 5s. 2 54t i StL&Wis. . 4 1 Pac 1st 4s gmia Ry 1st bs. Western Md 4s. West Shore 1st al Leather 58 Cerro de 1Chile Copper 6: Coal Md 15t 55 Am Sug [ DeCizdieon ref B i Du ontde N 7 { Duquesne Lt 71 61% | 9% ir 85 1941 e O& R 31 Inc Mer Marin Tnt Paper 1st 5 COMMODITY NEW WIRED STAR FROM ENTIRE COUNTRY e of life to- | district of | Texas. Several new mines have opened and discovery of a rich dy in one of the older proper- {ties has aided the movement fquent shipments of ore coming { to the local smelters | i EL PASO, 12.—Silver {15 taking on a new 1 lay in the Sierra Blanc west St Tel 1st os. Midvale Steel 5s. Morris&Co 1st 4 6 | o heen 109"y 98 NI 095 fore ¥ 98 Nt 104 = 105 | SEATTLE. May 12—Copper produc- | in at the mines of the Kennece ympany in Aluska has been raisec 0.000 pounds a month, accord- nmouncement by the compa today. This 1s an )0 Dounds a maenth tion schedules of last year. ing to here { produ i Phila Coref 63 A Pierce-Arrow 8s. . Public Service 63 Punta Alegre Sinclair Ofl 7s Sin Crude Ol 5 { Sin Pipe Line 5s. South Bell Tel 58 St Oil of Calif 7s.. Steel & Tube 7s Tenn Elec Pow 6. Tide Wat Oil 6%s Tobacco Prod sf 7 5 Drug cv Qs S Rtub 1s L S Rubber U { NEW ORLEANS, May 1 {with Central America through this | port has improved owing to the be jter prices paid growers in those coun- tries for their fruit. Thero is appre- hension today, however, that drought twhich prevail in Central America | will lessen the present crop. in the a decrease of compared with last vear. this source amounting to T $6,000,000 will be devoted to road | 103 ROSTON, May 12.—New England dis 851 | tributors of most of the popular priced | antomobiles reported o that eales | had been in excy s from | 907 | e Yol the factories. 10215 li)g\ Chem 7s... L ar Chm i'a8'v 3 Wilson & Co 15t 63 6 Wilson&C cv 7%s. 10 Wilson & Cocv 6s. 1 92 Winchester A7%s 4 104 made_at approximately a pound. Shipments to the east n_ full swing today. Most of the i west Texas goats have been sheared. LUTH, May 12 —Railroads en- gaged in hauling iron ore from the Minnesota. mines to the Duluth superior docks will be extended to the limit this summer to handle the traffic in pros- pect. The amount of ore shipped is ex- pected to exceed 50,000,000 tons. { CHICAGO. May 1 fore buyers are in the wholesale drsgoods market here | this weck than for some time. Ready- | to-wear goods are in especial demand to- | day. Road orders from salesmen con- & {tinue to reflect good retail sales in all } | lines throughout this territory | | SAN ANTONIO, May 12.—Onions are llu:lav moving northward to market in trainload lots. 1. Hibbs & Co.) ominul Selling checks, i London., pourd . By the Associated Press, | W YORK, May —Foreign ex- change frreguiar. ‘Quotation Britain. demand, 1.61 sixty-day bills on bank demand,” .0 cables! demand cable: gium, demand, ..0569 I demand, Holland, 23910 Norw . demand TRADE LET-UP NOTED. Restricted Buying Duriug Past Week. SW YORK, May 12.—Bradstreet's Bradstreet’s Reports Practically coun- try-wide cold weather, with snows or freezing temperatures in many arcas. has retarded retail Luying and crop germination. In | country districts the occupation of the farmer in endeavoring to make up for earlier lost time tends to re strict personal buying and also ma Kketing of left-over crops, but mail order trade is still active. Wholesale trade shows a further quieting and collections also have ebbed slightly. In industry, while the pace is still fast, there are evidences in the re- ports of postponement of new work teview today say Denmark, de- zerland. demand, | . Greece, demand, demand, 000021, demand. Montreal, =prg L1045 OIL COMPANY SOLD. A, Ohio, May 12.—Sale of the ¢ White Oil Company of Lima to the Roxana Petroleum Company of Kansas City for $650.000 is practical- | announced, as well as in the decline Iy completed, according to officials of |of building expenditures in April the Jocal company. The Roxana cor- | from the peak totals of March, that poration’s plans, after the purchase of | costs of labor or material have been the local concern, include erection of | pushed too high. clearings, $7,046,- KIS a $300.000 lubricating oil plant in] Weekly bank Lima, it is saigdy e BHEEO0y ¢ Cabbage, southern, asparagus, —Potatoes, spring onions, 3.50; bushel. crate, 3.50a5.00. 5l ceipts for all trade {on all city m Grain, Produce and| Live bloc LOCAL WHOL Slight changc 5 > noted during the week. Butter advanced one cent early in the week, but the price of eggs remained stationary. There was a tendency at lower prices in the poultry market, dis- played following a “draggy” demand. Live broflers dropped to the top price of 60 cents a pound, and there was a slight decrease all along the line. The market was practicaily glutted with strawberries, forcing prices way down, and enabling_retailers to seli| them’ as low as 15 ts a quart Dealers reported the market as be- ing in good condition at the close of the week. Eggs—Strictly fresh, selected, can- dled. per dozen. 28; average rcceipts, 7: southern. Live poultry—Roosters. per. Ib., 17; turkeys, per Ib. 0; spring chickens, per 1bs, 46a55: winter chicken: per 1b., 40; keats, young, ecach, 65 fowls, per Ib., 5. Dressed 'poultry — Fresh-killed spring chickens, per Ib., 65a70: ter chickens, per Ib., 45a50; hens, per 1b., 32a33; roosters, per Ib, 20a21; tur- keys, per lb., 40ad5; keats, Young, each, 70as0. i Ive stock—Calves, cholce. D 5 10a11; medium, per 1b, 9a9%: thin, per 1b. 6a7. Lambs, spring, per Ib. 16. Live pigs, 3.00a5.00 each; live hogs, per 1b., 8 Green fruits—Apples, per bbl, 3.00a 80. Callfornia oranges. per crate, 5.0026.00; Florida, 6.00a7.00. Lemons per box, 4.00a4.50. Grapefruit, 8.00. Strawberri 18420. el Vegetables: er bbl., No.| 1, 2.00a2.50; new potatoes, ~ Florida. sweet MARKET. per potatoes, 3.0043.30; nearby. . per crate, soutacrn, Romaine Jettuce, per crate, 1.50a: iceburg lettuce. 4.00a Caro- Eggplants, per toes. per box, Flos 2.50a4.00 per basket Der basket. Peppers, per crate. Flor a. 230a4.00. “Kale,” per 1150 4.0025.60 per haékeu 2.00a4.00. GRAIN AND PROVISIONS. BALTIMORE. Md., May 12 (Spec white, 100" pounds new ‘potatoes. barrel 100, hamper, 1.25a1.5 celery. crate, 3.00a5.00; Kkale, bushel, 00;" lettuce. 1.00; peas. bushel 5.004 ge, cucumbers, 0at.00 1.50 604 basket Deppers 100, 2.00a3 squash, te, 2.50 1.00a2.0 efruit,_box. quart, 15a25. Pineapples Selling Prices at Close. Wheat—No. 1 red winter quotations red wi Ted winter, spc red winter, red winter. rmr\n ky corn. spot, 91 : track cor: bushel vellow 55 per b per bushel: 2 western expos 86 per bus Hay: <pot no quotations Receipts, 84 tons: ample re- wants from 17.00 00: No. 1 wheat, 12.50a13.00; N 00 per ton Straw—No. 1 _tangled nominal, 14.00a15.00. A reduction of 20 cents pe ller flour was an rye. 15.00a barrel nounced merning . DAIRY PRODUCTS. BALTIMOR Ma My Poultry—Live winters, 40a4 Il leghorns small and and poor, 20; leg ative and nearby 42a44; prints { 38a41: CHICAGO LIVE STOCK MARKET. CHICAGO, May 12 (United States Department of Agriculture).—Cattle —Recelpts, 500 head: compared week ago beef ste arlings * and beof I heifers largel to 50 higher: in-be- {tween grades fed steers reflecti maximum upturn: extreme top 1,404 to 1.540-pound steers 5 ous loads choice. 1 bullocks, 10.00a10.40. |tvp» hulls steady and v week's ers and bulk prices yearlings veal calve Sheep—Receipts, receipts_mostly diect: lambs 75 to 1.25 higher: ve wethers strong to 50 higher; sheep 50 to 1.00 Jower: wooled lambs, 16.00; clippers, follow: ' Clipped lamb wooled lambs. 15.00a15.7 11.00a11.50: wethers, EOBG\‘ 6.00a7.00; spring lambs, 14.00 for we aged best Colorado 14.0 1 L lings, ewes, 16.00 Hogs—Receipts. around &e: top, averages, butchers: mostly ¢ 110 10 estimated 7,000 hea Friday's slow aver- poun Lulk holdover, T.40a7 medium. : light light . smooth. 6.00a6.60; mn'mg “pigs, TODAY'S CHICAGO PRICES. CHICAGO, May 12.—Heavy rains in Tllinois, Indiana and Ohio had a_de- cided Dbearish influence on the wheat market today during the early deal- ings. The rains were apparently ample to relieve the winter crop from drought damage, Wwhich has been threatening of late in the territory named. Renewed weakness in the stock market counted also as a not- Lbly depressing factor as to whes values, The heat opening. which varied from unchanged figures to 1% | lower. with Ju! ' 6 September 1.1 fol- lowed by a material setback all around i Corn and oats declined with wheat 5 lower, | % to 78, the corn market un- After opening unchanged to July {derwent a moderate general fall. Oats started unchanged to ‘i off. July 43% to 43, and later showed further declines. Provisions were easier with grain. Announcement that 2,000,000 bush- els had been purchased for shipment to Greece and other Buropean tries led subsequently to som of a rally. The close was u at the same as yesterday's fini 1 lower, with July 1.14% to 1.14 September 1.13% to 1.13';. WHEAT- g May Juiy September &4 fay . July . September . OATS— May . July eptember . LARD— July ... September TRS— July . September Low. 1 i Open. 101y 14 The United States War Departmerit has only one woman division chicf, Mary S, Nixon, in charge of record & 7.50a | ¢ i 000 head: 1 rling i : | ihe noee 0 pound | pound av: 2 ! and | { Blocks from the cir POTONAG ELECTRIC TOSELLGSAT® Public Utilities Commission Satisfied That Price Is Best Obtainahle. Public Utiliti morning Power Company $1,000.000 ge refunding bonds at 98 authority to improvement cent th of an issue of $5 zed some weeks srporation for the bond, and that the the net amount sale will be used, with other cash the hands of the corporation, to re- tire the 41,000 « of 1 company maturii sy 1 proceeds of thi £ n me ored) are eggplant. | Bauk Clearings. industrial in none ha price causcd bid pany \BIG LABOR SHORTAGE IN SOUTH CAROLINA ! Situation Most Serious in Years. Declares U. S. Employment Bureau Head pigeens. | LUMBIA fon in S outh Car in many here todav 1 Kinds ¢ Pwork Mr. Wil an: said agents from noerthers been working thr ducing the negroes to leas e receivin borer they that labe sections ha t the stat tor otl 2 10 $7.5 ach for ever nto indu Tuce head report Lein in the my bor short not only to the but s aiso a aeturing industry, he said, wit hle exce v of cotton mill bermen from castern secti jof the state pleading daily for help. b 4 the Piedmont se " { manufacturers are ashing for lu } D tic help D shor i whi be had iy inferion, h south. It is just he said ate ox ing dis ng tends tricts {BUILDING SLOGAN 1S “RUB OUT LINE” !Chevy Chase Recreation Club's $125,000 Fund Campaign of Outside Interest. Out the Line suggested by Gene cDowell of Recreation Club's fund campaign. Mr. was clected to head meeting of seventy members of § -cutive committee in ses: ¥ Club vesterday emphagized the fact that the yecreation project is for w Laited Chevy Chasc, and that it showld he supported by all residents of tlie suburb, regardless of whether they live in Maryland or in the District of Columbia. Poster the lin throug The club sites wery to the * clubhouse 1s the slogan al Chairman Guy the Chevy Chase 000 building MacDowell, w the drive at =« ive on at 4fturnoon, today carrying out the “rub out been sent district letic field g a view %, the Tocated ' two just over the yland, while the threr field §s just across the District of Columbia. house 1s0 b _out ite line in_ Ma acro athletic w in u.a M Chevy Chase werr esterday’s mcetir Shipe,” Joseph Iercival W eman i campaign treasur s Moore secretary N executive so Gistricts alzo elected They are Frank Burkhart and FRISCO BUILUING BOOMS SA ISCO, 12 (Spe cial).—Building construction here it the last month necessitated ex penditure of $5173,901, a gain of $2.000,000 over the previous month and a'gain of $1,000.000 over the cor responding month of last year. Th majority of the permits issued have been for new dwellings and apart- DR} ROUS S _

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