Evening Star Newspaper, May 9, 1928, Page 15

« Armour 5's and in Consolidation Coll‘ - TIN ANCIAT,® C.. WEDNESDAY. MAY 9. APANESE BONDS ARE SOLD HEAVLY Break Due to War Clouds i Orient—High-Grade Is- sue Prices Shaded. BY CHARLES F. SPEARE. sl Dispateh to Tha Star NEW YORK. May 9.—The first pro- « Nounced effect of a foreign political Spe situation on dollar bonds this year was | bited today by Japancse issues in the threatened war between Japan and China This brought out a large volume of liquidating and short selling sales in the government. municipal and public utility bonds. The government 4s and 6'.s cach declined 113 points. Cily of Tokio 5':s were off over a point and Yokohama 6s about the same. The largest loss was in the Oriental Devel- opment Co. 6s, which broke 3¢ points to 99, compared with the high ot the yeAr of 105. There Was 'Some recovery from we initial losses. The short-term Japanes 6s were not affected ‘There have been rather wide price | fluctuations in this group in the past | two years, though previously they were | Sopennagen bs oty 5 caused by financial rather than by po- litical conditions. UNITE Lid 3ks... 30 Liblstdie 1 Lib3dews 37 Libatheks 86 161 | Argentine 6s B. Australia 53 1958 | Austraila bs 1957 | Austrada..... Bank of Chile 6% Beigium § | Belglum 6% | Belzlum 7519 | Beigium 7= 19 | Belzium 748 | Belglum Bollvi Bordeaux 6s Brazil 63 s 1926 Brazil 61s 1927 Brasil 7s Brasi| 8s Bremen State Ts. Canada 6s 1931, Canada 88 1953 Chile 78 1943 Chile 88 1941 Con Pow Japan Ts. Covenhagen 5% The rest of the foreign list was | sive during the break in Japaoese | There have recently been a soft spots in the outside mar- | s, but mainly 2 T distributed bonds. | an alien sugar company is s under its offering price and | bonds of one of the smail European | gage companies have been acting | { N siwance ia oull money to 6 per | ent did not at first disturb the list of | igh grade issues. Rails and public utilities were dull but steady. In a few | instances fractional gains occurred in | hem. Later prices in this type of se-| curity were gradually shaded. The Gov- ernment list has been discounting high- jer rales for some time and held rei- tively firm today in spite of the higher joney quoted. Naturally speculative and convertible sonds were influenced by the action of the stock market. The copper mining | convertible 7s were off a point and there were fractional declines in the local traction group. Cuba Cane Sugar issues were strong, Pathe 7s held most | of taeir advance on the day previous | and there were substantial gains in 5s. Hudson Coal 5s declined one-half point, making a total reaction of 3': | points from their recent high. This was 1n response to the official announce- ment that there is no intention of call- ing the bonds. nor was there when they ‘were brought out a year ago at 98!3, to sell subsequently as low as 86. New offerings today were nominal in size. Municipal dealers were concerned with the $30.000.000 Province of Ontario sale and with the report that New York City may be in the market for a large fong-term loan before the Spring fis over. The heaviest borrowing in sight from abroad is for the account of Ger- man municipalities and aggrezates $50,- 000,000. Washington Stock Exchange SALES. «Wash Gas 5s—$500 at 106%,. | Cap. Traction Co.—10 at 107!2, 10 at | 10715, 10 at 107! Elec. 5!,% pfd—4 at 108%, Wash. R. & E. pfd.—20 at 1021. Col. Sand & Gr. To. pfd.—S5 at 97 Lanston Mon.—5 at 116, 20 at 116, 10 at 116, 10 at 116, Mergenthaler Lin.—10 at 101. Pcapl:x Drug Store—10 at 112%, 10 at 11215, A Nat'l M. & Inv. pfd.—40 at 53. Sanitary Gro. Co. pfd.—20 at 120, 10 at 120, AFTER CALL. Lanston Mon. 0 at 116, 10 at 116, Wash Gas 6s "—$1.000 at 10615, Wash. R. & E. 45—385,000 at 93%, $3,000 at 93%. Cap. Traction Co.—50 at 107%5. Wash. Gas Lt.—10 at 92%, 10 at 9213, 10 at 923, 100 at 93, 50 at 93. Pot. Elec. 1st 55—$2,000 at 100%, C. & P. Tel. 55—$1.000 at 100%. Fed. Amer. Co, com. Col, Sand & Gravel 8 Yesterday. Lanston Mon.—10 at 116. Money—Cali loans, 5 and 6 per cent. BONDS. PUBLIC UTILITY Tol. & Telza. 4% Tel' & Telea. 44 15 2% L 104 i, 104 Y017 30933 ark Hotel B%e STOCKS. ‘[ Tokio 63819 Cuba 63 Czecho 8s Czecho 8s 6. Denmark Duteh East | 6 4 62, R | g1 Salvador 8 48.. Finland s f 63 Finiand 7 French 7s French 7% German El German 7s. Ger Am Bank Ger Gen Eleo T Greek s, Nord 6348, Norway 68 1943, Norway 63 1944. | Norway 63 1953. Orient Dev deb 6s. Paris-Ly-Med Paris-Ly-Med 7s Peru 65 67 w 1. Queensland 7, Riode Jan . 85 ol w4k Utd Kingm 638 29 qulnal %est Uru| - guay | MISCELLANEOUS. AmSwit& R Ist bs Am Smelt & R 68, . Am Sugar Ref 6s,. . 36 99l es Copper Ts ~5 at 39. Andes Co pfd.—20 at 98, 10 | Armour&Co 4 %839 Armou: . 33 108% Bell Tol Pabe C... ‘BechlehemStl ymbs Bklyn Edison b Chile Copper 6 Col tinsk Gl deb bs. Con Coal Md 1st b8 Dodge 6s.. . East Cuba Bog 1% ¥isk Rubber ¥ Gen Mot As Cor Hoe & Co 6% Humble Ul b8, | Humble O & K 6%» 11iinois Beil Int bs indians Btee bs. KanG & Kl Keily-Bpring Lacks wanna Ligg & Myern Ligget & Myel Loriiiard bs. - | Puthe Exchenge 18124 3% L | ¥uris Co b 61 { T SRR Y £oegar | ¥ ¥ Kainon N kalinon 648 NYGELH&PS NTGELH&Pb [NYseialpn .. {50 Totdnsl,, NY Te bu4d, | Nortn A KAl NorOnio Tré L &s | T 1l Pas T &T b 63 | Pan-Amer Pate 1a, | Paramont 68 1947, | Pierce Arrow 8s | Por $tie Ao Punis Alexreis | 1eominktonAr 6n ¥ Bouth thell Tl b | Bouthwest iseil be | Stend O i 4 Utan Pow & 1, Warner Bug s Warner #ug 18 41 Wast Kisc be o 14 B2% 82 ‘e J Kayser & Cobthm KanCity P& L bs. . PhilpsResaChibe | D STATES. (Rales wre i $1.000 Sales Clowe. 100 30 102 1007 10219 102 107 109 30 114 30 High Low. 100 30 100 30 102 102 100 8 11430 Low. Close, 100 6 100% 100% 100% 7 100% 100% 100% 10018 1001 31 101% 1006 101 4 108 108 108 14 1080 108% 1084 S0 106'y 106k 1064 19 115% 116% 111 7 U10% 110t 1104 8 107% 107 107 2% 101 100% 100% 60 99 981 99 988 98w 9814 6 1020 1024 8 1007 1007 1007 103 102% 103 110% 110% 110% 38 1008 991 991 9K 9RY, 105% 105% 1105 1108% 1R 110% 110 1104, 105 105 1 1035 108'¢ 103% 1112 1 11z 2 e0 991, 994 10015 100> 1004y 83 108% 108 1084y 15 119% 1154 119% 17 99 "% 9 14 107% 1074 107% 2 100% 100% 100% 15 105 1056 106 2 901 984 99% 3101 101 101 5 101% 101% 101% 5 1028 1021y 1008 135 1004 100 100 27 100w 99 997 37 93 92 92 234 104% 102 102% 10 101 1007 101 1001y 10u% s 98 5 102w 102 102y 40 101% 100% 100% 12 103% 102% 102% 14 103' 1024 108% 11 10234 1024 102% 72101 99 99w 33 100% 100 100 1 104% 104% 104% 43 931 98 92 1107 107 107 8 8615 36 86% ol 91y 101% 1015 08ta 108 108 ' 105% 105% 1107 107 107 8114 114 114 5 109 100 109 2 1074 107% 1074 7 96l ¥Sa 6 108% 1064 106% 108% 108% 10B% 5102 101% 101% 3 1064 106 106% 95 41004 1004 100% 20 1027 1021 102% 1 10-% 102% 102% 712 1% 11% 32 100 993 99% #2% 269 A% 2% 92 2 118% 118% 118% 26 108 105% 106 2 108% 108% 109% 7 48 91w Ww 107% 107w 106 108 101% 101'% 108' 108% 104% 1045 Yh 9% 105% 105k 107% 107% 109 109 101% 101% W ¥ 1064 105% 126% 128 13, 136 2% w3 Vil 9% 103 103 102% 102% 106 105'% 1098 1084 1% 112 101 1015 1 103% 108% 103% 11 104 17 10b% 10, 10 106% 105% 100k 16 96N 961 wik 42 101% 101 101 44 pily 10 1064 3 104% 40 o 3 e b 106%, 2 102% 3 106 21 101% 5 108% 3 104% 15 106% 23 107% 24 109% 15 101% 2 102% 42 1050 27 112% 2 1015 104%% 104 8 59 vin 92 106 106%, 102% 10214 1074 107% ‘B7% 88 104 10¢ 19 119 108% 104 107% 107% [t in o5 wh 100% 101 Ye 1024 102% 101% 101% 108 1047 96% 6l 1174 117% 1047 104 106% 1057 199 108 102 102 10%% 103% 120% 126% vz Y2 116% 116% 105% 1054 Ol 102 105 Bt 1% " vl Wil B4 10BN LU 10 PR UBPT TN B 0% 1980y 108 3 1000 110 110 24 102t 10k L0l 1064 L06n L06% 4 104% 103% 1084 41057 108% 108% S0 Wil 10Tk 6104 104% 104% 27 101 100 101 69 18% 100% 100% 103% 103% oty Ut 29 B m 14 101% 0L 101% 1104k 104% 104% 3 600 Huo 101 T ) Y 101 100% 100 A A0 A0 0% alowh o wite Whta WA 10h 10d% bt 106 s i 10 0T 104 W with U4 1020 1024 o109 10wk 141024 102 102 o2 80% BN B0Y, oo AAOT 407 107 L m“mc 104 b 100% 4 103% Yty Sales High Low Close Westn Unfon %8, 11 Ll'x 1110 111w 4 104% 104% 104 5106 103% 103% WinRepeatAr Tl4s 2 107 107 107 Yogstn S&T s wi. 93 101 100% RAILROAD. Atchison ad) 4 . 10 AL&SF ovt 48 0035 Atchison gen 4 1 AtlantioC L 1s Atl & Dan 1at 48 4 Atl & Dan 24 48 48, 10 B & 0 Gold . 9 B&OOvaks. ... 141004 B&OBa2000 D... 82 108 R&Orfimpéa. 10 B & OSW Aa 50 R & O Toledo 48 SR 89 Rane & Aroos 4s b1 f0ta BN Rrdwy & 1th Av bn it 79 Heaoklyn Elae 81 97 974 Bklynklevatad 615y 91 96y Rklvn Manhat 8., 70 100 100 100 Bulf R& Pitt4%s. 3 95 95 65 s Flet i a.o. 8 Souia 100 FORN Can Nat 414867, 100 Can Nor 418193 100 Canad North 6%, 122% Canad North 116 Canad Pac debs 90 Car Clineh&0 €« 52 1 108% 108% Centra) of Ga 5148, §4 108 108 Central of Ga 6 10074 Cent Pac 13t 65 90, © e Chesa Corp bs wi.. 48 100t 100 v 7 100% 100% g 101% 69 93 1084 90% T 91ty 1ok 10458 10418 89l 108% 108 100% 1044 100 100% 101% 691y 9014 108% 20 'y Cht B&Q ren 48 b3 ChBR&Qistrfbs Chi&E 111 n 68 61, Chi Gt \West 48 59, CM&StPen8d.. 4 CM&StPrndalhe 12 1021 CM&SLP 5n (new). 103 971y CM&StPad) (new) 428 77 CM&S!Pés 6 102% Chi & N'W gen 48, 2 9 Chi NW 41s 2037, 3102 ~ Chi & NW 7s.. Ch! Rys bs... . Chi R1&P gn 4n ChiR1&Prfds... CRIPacélnwi, ChHMTH&SEbs, Chi T H Ine 6: Ch! Un Sta 444 Chi & WV Ind en 4 C&WIbY% cee CCC&StLEsD. CCC&StLrf6sA. Clev Term bs . C&Sistds2s, Cuba Nor 638 et Del & Hud 1strf 48 29 Den & Riotion4s. X 934 Den&RioG 4%s36. 1 97w D RioG West 68... 29 u8'y Erfeconvds A. irieconv ds B. 967 103 N 10419 103% 101 10614 90% 9T oy 934 9T% 96 864 8615 894 B 9% 1124 K81y 1074 100 1004 991 99% 106% 107 11 1% 114 114% TN TAN 102 1024 a3y 94 9% 101% [ Gr Trunk stdb fs Gt Nor 4148 76 D. Grt Northn 4338 E. Great North 5s.... Great North 6%s.. 10 1113 Great Nor gen 7s.. 24 114%a HavEIRy6%s61. 1 744 Hud & Man ref 58, 16 10244 Hud & Man =3 6 53 u4 111 Cent 45 2 9 5 91% 11 Cent 4% 1101% 111 Cent Chi 4 % 5 9% 111.C-C 8tL&NO 2 106 Int Rapid T 135 83 IntRapTr bi int Rapid Tran Int Rap Trans 7s Int & G Nor 1st 6 Int & Nor ad 6s 10 107 Minn & StL ret Minn & StL cn bs.. M 8t P&SSM co 4. MELP&SSMbsi8xId M St P &SSM 6% MK&Tes b MKé&Tadbs. .o, MK&Tyurinbs A, 1 Mob & Ohlo 4 %8 77 NOTex&M 5 100% 1105 9 8 12 94% 1102 30 108% 2 107% 7 BA 10 YR'4 49 107% 1o 107 M v 100t 105 108% 1074 Northern Pacific ¢s Nor Pac 4%8 204 Northern Fac bs D. Ure Boort L v Ore Bhort L bsgtd, | 1085 Ure Wash ist4s... 5 vl Pannuy|con 44an.. o 104k Ponnny) ken 41, 110z Veunusyl gen bw 9 11w Peunnyl on 64, PRI Pennsyl #1p o 12 Uz Penusyl sold 12 oty Peoriu & I ine B 4ty 950 10 1004 11 11615 Z 107 4 9% 13 w0 W ATK &Ll 2 YA ¥,.0 10 Uy Wi 1014 PRI 102m 10k 101t 100 Wit PCCABLONA., Port 1 L& P bu 43, Port RL&F T%s 46 Ieading J C4n bl W cub 48 42, P& KUSNL 448 Wan A& AIGF 48, biv'y it Bou Ve ciL ¢ ' sou Faoilo et e Wi Yite PRI LURTET DR UETY L4860 14 74 Third Ave sd) 1 704 Tol Tr L&POY%nd0 (01 Union Peo ist és.. 11 vk Union Pae I8t el s |8 Un Fas 4he8l.... o Y9ln Union Pes LN U UV A 107% 10T 107y, L LT R ) R (T West Matyland 4» A B P nh Wesleri Mo b ihn TR TR Westurn Paeine ba 2 (000 100 (s Went Bhore e 2in) | Wheelkl il 448 2 b7 wi - i COTTON GOODS QUIET, NEW YORK, May 9 (Bpecial) —Cots ton goods markets were quiel again to- day, with prices a shade weaker, Print cloths were quoted ut B cents for 64x60s and 0 cents for 68x726, Raw silks de- elined 10 cents & pound In an active sepson. 1% 1041y 12 9% w1 VoY, i 4| and Y2 Wi Wiy THE EVENTNG STAR. WASHINGTON, D - INAPPAREL TRADE Rayon Business Still Break- ing All Records—Cotton Mills Moving South. BY J. C. ROYLE. Special Dispateh to Tha Star 'W YORK, May 9.—Despite the sea- sonal check to garment sales experi- enced in the apparel industries in the last fortnight, the leading producers of nationally advertised clothing, hoslery, millinery and shoes arve booking satis- factory sales. They anticipate that their earnings for the quarter will make an excellent showing as compared with those of the corresponding period of 1927. Some of the smaller concerns have by no means done so well, although the silk materials have shown the presence of a steady and increasing demand. The change in fashions, slight as it seems to have been, undoubtedly has put & more favorable aspect on the ap- parel prospects and on those of the textile producers. The straight slim lines of the modern dress, which for some years has cut down the amount of material necessary for each costume, have given way to the flaring and curv- ing silhouttes. Addition of Weight. It is estimated by one of the leading physical trainers of the country, who specialize in the reducing and building up of adipose tissue, that the change has resulted in the addition of some 5000 tons of weight by the women of New York alone. aince the change in styles became apparent. From London comes confirmation of this statement. Declarations from hotel men and con- fectioners in the English capital are to the effect that the cessation of strict dieting on the part of women has re- sulted in A marked gain in weight. This unquestionably means an in- crease in the amount of fabrie necessary for dresses. IL may not become ap- parent at once and probably will not, but in the aggregate the increase will be noticeable before the end of this year in the output of milis and factories. Among the cotton textile manufac- turers the tendency toward transfer of plants to the South continues steadily. The chief reasons for this exodus are the extremely heavy taxes in New Eng- land, the restrictive Jaws concerning la- bor and the fact that a considerable part of the textile machinery in New England must be replaced by new and up-lo-date machines. The business being booked by the rayon manufacturers is still excceding all previous records. Many of the larg- er producers are sold up until August or later. New plants are being planned and built throughout the South and reports of earnings indicate a most pros- perous period for the producers. Silk Price Maintained. ‘The reports of shortage of cocoons in Japan have tended to maintain the price of both raw silk and silk ma- terials, especially in view of the heavy consumption entailed by the demand for the printed silk fabrics from the dress trade. In the woolens, advance sales have been disappointingly light, but this has not discouraged the wool growers, who feel assured of their position in view of the technical outlook for wool produc- tion and stocks. The shirt and underwear manufac- turers have been doing a very satisfac- tory volume of business in recent weeks, and this is being reflected in their bal- ance sheets. Buyer reluctance has been overcome to some degree by the fact that the recent floods in the South undoubtedly have inflicted heavy damage on the m ts for the cotton crop. Consid- :nbi! acreage seems likely to be aba) doned, and the fields which are replan ed will have a poorer prospect for re- sisting the ravages of the boll weevil. Baltimore Markets BALTIMORE, May 9 (Special).— Poultry—Spring chickens, pound, 40a 45; small, 30a40; Winter chickens, 40n 45; old hens, 24a27; poor and thin, 20; old roosters, 15a16; ducks, 27a30: poor thin, 22a2 old, 15a20; guinea towls, each, 40;" pigeons, pair, 40. Eggs—Recelpts, 814 cases; native and nearby current receipts in free cases, 24 a28; firsts, dozen, 20a29 . Butter—Good fancy creamery, : blocks, 46a 36a38; store packed, 32; process butter, 41a42, Hay and Grain Prices. Wheat—No. 2 red Winter, domestic, 2.04: No. red Winter, garlicky, do- mestic, 2.04. Corn—No. 2 yellow, domestic, 1.25; No. 2 contract export, 1.17'4; corn on cob, new, 6.00a6.25 per barrel Oats—No. 2 white, domestic, 78a7! No. 3, 77a78 Rye—Nearby, 1.30a1.40. {ay—Receipts, 23 tons. Hay Is ar- riving here in ample quantity, but the demand for local hay is very limited, and not enough actual business is pass« ing to establish quotations on the vari- ous kinds of grades. Range of prices is about 14.00a17.00 [xr ton for good hay in_timothy and clover mixed. Straw-—No. 1 wheat, 11.00a12.00 per ton; No, 2, 13.00a14,00. Country Produce. Potatoes, white, 100 pounds, 1.50a2.25; | new potatoes, barrel, 3.00a5.00; sweet polatoes, barrel, 2.50a3.50; yams, bars rel, 3.00m4.00; asparagus, dozen, 1.25a 3.60; beans, bushel, 100a3.00; beets, bushel, 1.60n2.00; cabbage, hamper, 150 #2.50; cauliflower, crate, 1,60a2.00; car- rots, bushel, 1.7502.00, celery, crate, 3.50 05.50, eggplants, crate, 2.50a4.25; kale, bushel, 30n40; lettuce, hamper, 1.00a 200, peas, bushel, 15042.50;. peppers, crate, 2.50a4 25, radishes, 100, 2,0082,60; rhubarh, 100, 150a8.00; Spring onlon 100, 1.00a1 spinach, bushel, 55a80; squash, basket, 1.2501.75; tomatoes, crate, 1.0082.50 Apples, bushel, 1.60a3.25: barrel, 3.50a 8.0, grapefrult, box, 3.0086.00; oranges, box, 4.6080.00; strawberries, quart, 9al8, SHORT-TERM SECURITIES, (Heported by ) & W, selizun & Co. ) i Ottor l Alm, U of Amer s 108 nwer, el & Mol U ds 102 in Uik thy Buck's Dy siewng 1Akt & ¥ [t ) it ot 1 e fiimote G 6l 0L St by Alas Riown & Mons Ol Wanta Mty Bl A May 10410 69 81 4 105114y [ovvew vore BONDS s ssaassea] | JTL00K IS BETTER |LATE BUYING LIFTS Received by Private Wire Direct to The Star Ofcs | CURB MART SHARES Best Prices of Day Come in ' Last Half Hour After Weak Period. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, May 9.—After an ex- | tonded interval of profit taking, oper- ations for the rise fnally ohtained the upper hand in the curb rket today. The best prices of the day were 1eached in the last hour One of the late features was Shattuck Denn \inin+ which was heavily bought following verification of reports con- cerning recent discoveries at the prop- erty. idurable Oil rallied sharply fol- lowing early pressure. ‘The utilitles, which had been the leaders of the prolonged upward move- ment, naturally suffered most when offerings came on the market. United Gas & Improvement broke more than 3 points, despite rumors of a merger with other prominent utility iInterests, Mohawk & Hudson came off sympa- thetically and at 46 lost almost 4 points, Mohawk Valley on the other hand, taken up on belief that it was behind the rest of the utilities. Others that sustained fair sized losses included Elec- tric bond and shares securities, Lehigh Power and General Public Service, The growing bellef that the ofl stocks had gone ahead too fast in discount- ing improvements in the statistical po- sition of the iIndustry caused liquida- tion in this quarter and lower prices were the rule for Vacuum, Humble, Standard of Indiana and Prairle Ofl & Gas. Speclal incentives apparently were responsible for strength in a num- ber of independent oils, notablv Amer- ican Maricaibo and Darby Petroleum, the latter at a new high Specialties that' shared more or less in the decline were National Sugar of New Jersey, down 2 points; Columbia Graphophone, down almost 3 points; U. S. L. Battery, off 2 polnts, and Cel- anese, down over a point. The motors proved no exceptions to the main trend and losses were recorded in Ford of Canada, Auburn and Marmon. Deere & Co. common has as the in- centive for buying reports of a merger with Electric Auto-Lite. WHEAT GOES LOWER IN FINAL DEALINGS Indications of Showers in Canada and Unsettled Weather in U. §. Has Bullish Effect. By the Associated Press. CHICAGO, May 9.—Indications of showers in Canada and of somewhat unsettled weather this side of the in- ternational boundary tended to ease wheat values today at the last. Earlier, however, dust storms reported in the Dakotas and Minnesota, as well as at some points in Canada, did a good deal to make wheat prices average higher. Most of the day’s business in wheat was o readjust accounts so as to prepare for any surprise in the Government crop report from Washington. Wheat closed weak, 133 to 2'; net lower; corn, % to 1 down: oats, %3 to 7« up, and provisions unchanged to a setback of 12, S STEADY AFTER EARLY DROP Partial Rally Follows Decline Due to Better Weather and Easy Cables. By the A NEW YORK, May 9.—-The cotton market opened steady today at a de- cline of 7 to 13 points, and soon showed net losses of 16 to 22 points, under liquidation and local or Wall Street elling Inspired by relatively easy Live rp(lml cables and better weather pros- pects. May sold off to 21.22 and October to 20.95 under these initial offerings, but the decline was checked by a renewal of the recent demand, which probably included some buying on scale-down orders as well as covering. Prices rallied 12 to 15 points from the lowest, and while this bulge was not fully maintained, the market was steady at the end of the first hour. The market later appeared her nervous and frregular. After the early offerings had been absorbed, prices recovered all but 4 or 5 points of their losses, May selling up 21.37 and Octo- ber to 2112, Another spurt of selling tollowed the publication of the weekly weather report. which sent the mare ket off several points. At midday the market was comparatively quiet and steady with the active months about 17 to 18 polnts net lower. Futures closed steady, 2 to 8 points lower; May, 2 2 July, 21.15a 21.18; October, 21.12 14; December, 20.98a20.90: January, 20.90820.92. Spot, quiet; midling, 21.85. FOREIGN EXCHANGE. (Quotations furnighed be W, B Hibby v fondon uound R Zurich Athes Mt Vienna findaist Aty haeen oW ‘h sl orawn NEW YORK, May 0 ), - ges mixed; quotations in cents: Rritain, demand, 4873 oables, B0-day bills on banks, 484 1-1 France, demand, 303" bles, 3.931 Italy, demand, 5.264,; cables, 827, Demand-—Helglum, 13.0515; Germany, 23.00%4; Holland, 40.31; Norway, 20.11: Bweden, 2081',; Denmark, = 20.81; Switzerland, 19.27; fiElln, 16,79; Greece, Poland, 11.25; Crechoslovakia, i Jugosiavia, 1.96; Austria, 14,10 Rumania, 62; Argentina, 42.70; Branil, 12,03, Tokio, 46,68, Shanghal, 65.00; Montreal, 09967, CALL MONEY S'I:RON(I. NEW YORK, May 0 (#).~-Oall money strong; all doans, 6, closing bid, 6 Time loans fiomer: mixed collateral, 0000 days, b 4.6 months, b, meroantile paper, 41, wnoes unchanged CAR LOADINGS GAIN. Freight load IAI for the April I8 Litalle WAs an inorease of 17,294 cars over the prumdlllr week, the Amerioan Railway Assoctation announced today, but a decrease of 50,648 cars below the same week in 1033 1.30; 2061 Forelgn | prime | Bankers' accept- | 1928. NE‘ZJ YORK CURB MARKET Recelved by Private Wire Direct te The Star Ofice Following is a list of stocks and bonds traded in on the New York Curi Market today: alew INDUSTRIAL, n hindreds. ich. 1 Acetol Pro A . " | Gas & EI .. Hawaiian s § Ly & T Supern AL Suverp, 0 Gas Atl Fruit & & Atlas & Hode 4Bl B W : 1 Bklyn Shoes Thi ok H ¢ Ya Bohack HCC 5 Bohn Al & By 1 Bown-Tiilt Hotely, 1 Bridgep Mach 1 Biill A 2 Brill Co 2% feyern .0 ob B e Lid T o ot 44 Bkiyn ity R it Budd Mrg ... 10 Buff Niag & E S Buf Niag & Buf “N& Caterpil Tract . avanagh Dobb, elan C A 1 pfd 1697, ‘el Co'n pfd. Wi Celotex Co... .. en Azuirre’ Sug 1 Cent Pub 8 A ‘ « Cela @ « « own Wilm vie! 1 Cuneo Pr of ww. 3 Gurtis o Iy P&L ot w: P&L % vtd A 1 Pow Cor. .. Fageol Mot Ca % Fajardo Sug Cq ango Cor A 1 Fansteel Prod .. 64 Fedders Mfg A ~d an Chas., Rrush A 22 Fuller Brush AA 88 Fulton Sylphon . 48% nire CA&D. well Co 1 Gen 10 Gen Gen i Gen Fun's Iy ten Pub A lihers™., len Alden” € A na Sec nteriake nt Project . ntl Rwy vic ntl Shop et ‘l ll‘;l L st Do " Dep st Jomue Ca i Fibby Ow Sh' Gl S Eibby NeNT & a olv _Nhoe Mol wnhoe Co bid 1 Mesabi Tron fetin Cliain Strs Misdvate (o Mid West Ml Weat Wi WO Mid W 1 s wid N WhoH Mirihy @ N an Nat itk Nat e AhRater 1 Na T 4 Nely FLT LI IELIILLIL 7T 2T foh R con’ i 47, Roval Rak Pow & Ruberoid 54 Safa T Stai 10T 1y Safeway Storés Safoway St on wr Tty Grocers Seeman Rros therling R € , ac Y Siliea Gel vie 21 Siiver 1'g Tros 25 Sin Mg Lui o T8 Soeasd Pii, i 4 Sonea Paf, G 10 80u° Abestos §%a'cy 1 Timiean Axla 17 7, Timien De Ax nf1108 ¢ ,;?:l".'.’:";.h':' ’;Rmv"v 15 o 2Tob Prod Fxport. R Wi J 2R Woea 0 & 4 West Aufo 2 Wost Man 1 Wheateworth 2 W) K ter: i 18 Wira Whesl Corp 3 4 Woodworth Inc. 19 Werth Tne A ioAm M m Mine 11 Chiet Cane Min 118 Cone Con® Mine 2 Cresson Gold 20 Divida Extens 8 Dolores 180 Flor Gol 15 GoldenCent 10 Hecla Min' | 2 Hecla Min &' 'D ud Rar M & 2 [ P R s 2 Bremier Gold "M 2 e Gol 184 Shattiek Denn. . 1% King Coali. . 10 Stand Silv Lead Sales NDEN Sules in INDEPENDENT OIL &' F3Am Con Oilfids. Am Maracaibo ¢ 1 Barnadall deb> 'ris nd .. 3 9 7 8 12 Carib Sy 108 it Sar B_... 00 Columbia S¥nd. Craole Synd iCrown Cent 180 Darby Pets 2Derby O & Ret. TEmD G&F ra Houston Gf Intercont! 4 Leonard Ot 3 Lion O Lone Star G Del Salas Salen s STANDARD O 00 MER SUBS) 008 0 Kanens s @ R 1008 0 Neh 400 € O Ohig 5200 Vacunm 01} « Cor L] Am Gas & E fe 101 Am Nat G A1ea 1011 Am Pow on A . Threa A Anacond a7 Anoal B Ark P oc. Blee R AT Pt 8 it 4 Rates Val Mg 83 1107 o e Ol e 108 LR R b A 108 TROR Ats TR e N ¥ . 0 W ) i 22332233323233% & RPIIEIESES S-223 233 T P70 CIT R A 1o baw 101 by Adosfl "8 Licleds s S i Fow 4 MeCord Kad e L i 10 Met EC P 3l 1 10 T Miawest Gas'on A 10715 1 Milwke Gand lyn 10] 1 Mont W P Hak Stores 6s 1 Sou Cal 15 SouAsbestos 3 South Dairies Taw omy R NI,A 1053, 7nd : in thoisands. FORKIGH BoNDS, T Niriaiie Eiee Ax M Ba 10¢ Bk 1 Danish_Con: 2 Dan *Cor 4 Danz Port Aije 1 Y. 1 Estoni e 2 Ft Bo Wke 7a.. 57 Free St Pr @ 5 F e 333553 3 Russ Govt ‘314 Aiin of 13 Santa Fe 01 antiagn a Falle S M1 d.... go gaaa e ot 235322582800 BERLEE A i B xd—Ex dividend by wi—YWhen issued. TR ery Ww—With warrants. YEN RATE FALLS. NEW YORK. May 9 (#).—Unsettl conditions in the Far Bast had a aeed- pressing effect on the Japanese ven in ::a (o'r:lll’:' exehn‘l;e market today, the to 45% cents, a drop about 50 points from the ¢los - tation vesterda 3 3 about 52 points was recorded. quotation for the yen last w::: 47% cents and since then the drop has Money to Loan Secured by first dead of trust on real estare Prevailing intarest and commission Joseph 1. Weller JAMES Y, PENNEBAKER Member Wmmluln Real Estate Main 5328 1520 K St. N.W. MORTGAGE NS AN N s ANS ANY AMOUNT s D C. meardy Nd Va Prevatling Tnte nd_Commisaion KENNEYR 0 LVINGYTONE 808" A m Blde.. 1317 Nw Main 700 36 Money Available for FIRST DEED OF TRUST LOANS 6% Reasonable Commission Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. First Mertgage Loans Lowest Rates of Interest and Commissio Thomas J. Fisher & Company, Inc LOANS Let us have your applications for LOANS ON REAL ESTATE lmmediate Action Courteous Treatment Our record of 35 years speaks for itseli, Percy H. Russell Co. 1% St NW.