Evening Star Newspaper, May 1, 1929, Page 13

FINANCIAL. CURB SHARES RISE IN AGTIVE MARKET - Selling chkly Absorbed as List Moves Ahead in Quick Upturn. BY HARRY H. BECKER. Epecial Dispatch to The Star. NEW YORK, May 1—After advanc- | ing vigorously again the first part of the | session, prices reacted on the curb ex- | change under realizing due to the1 extraordinary size of this week’s gains. | Although many early favorites lost all | their improvement, selling was ab- | sorbed in good fashion and some new leaders were taken up in the last hour. The utilities, most of the aviation ana | airplane accessory issues and an in- | creasing number of miscellaneous in- dustrials figured prominently in the | broad upturn. Features on the upside again included Electric Bond & Share, and many other utility holding company issues, but their early gains were later pnrtly can- celed. Rights to subscribe to the issue of American Telephone & Telegraph convertible bonds were listed and be- came active around 65. In the aeronautical dlv\sion Douglas and Bendix stood out prominently, both scoring new record highs, with the lat- ter enjoying an extraordinary turnover. The revival in Douglas followed publi- cation of estimates to the effect that sales this year may run as high as $5,000,000, indicating earnings of at| lrast $3 a share and possibly $4. De-| mand was again quite insistent for Irv-| ing Air Chute and Niles-Bement-Pond, | the latter at one time adding 6 points to its already spectacular advance. How- ever, realizing cut the gains in the subsequent trading. Increasing interest was displayed in shares of companies allied with the! amusement and moving picture industry. . National Screen Service was an out- standing performer, responding to mer- ger reports and expectation that forth- coming earnings statement will show a gratifying increase. In the automobile group Ford of Canada rights, listed | Tuesday, shot up spectacularly, while both stocks encountered some pressure. Metal, mining and the oil groups also participated in the activity, although the gains were not nearly so pro- nounced as elsewhere. In the 1ow-pr1ced section Premier Gold showed some ani- | mation on news that the company plans | an intensive development program and | on rumors of a large dividend. Other features on the side of advance in the miscellaneous division included Interna- tional Projector, old and new, both at new peaks; American Cyanamid, Alumi- num Corporation and Grigsby Grunow. | ‘There were a few weak exceptions, the most notable being Celanese, which I made a new low. i e C. & P. DIRECTORS VOTE | $92,675 IN BETTERMENTS Additions and improvements to the telephone system in Washington invalv- tha Chesapeake & Potomac Telephone esterday. The placing of these ! jes brings the total appropriation for similar work in the District of Co- lumbia so far this year to $967,030. - ‘The !ufléttf! ': b;‘ r‘t::ldtheg include lerground cable rel Georgia, Main-Franklin, North-Potomac centr: office areas and the installation of ad- ditfonal ent in the Main-Frank- Jin . central offices. # New Credit Manager. Stephen I. Miller, executive manager of the National Association of Credit Men, has notified the local branch of the appointment of Brace Bennitt of Wichita, Kans., as central division man- ager, with headquarters in Chicago. , His territory includes 78 of the 145 credit associations in the country, having about 13,000 of the association’s 28,000. .Baltimore Markets Bpecial Dispatch to The Star. BALTIMORE, Md, May 1.—Po- tatoes—White, 100 pnund.s 1.00a1.50; new potatoes, barrel, 4.00a7.00; sweet potlloes barrel, 2.0083.50. Yams, bar- Tel 2.00a4.00. Asparagus, dozen, 1.25a 4.00. Beans, bushel, 200!123 Cab- | bage, hamper, 75a1.25. Carrots, ham- per, 2.00a3.50. Celery, crate, 1.50a2.50. Caulifiower, crate, 2.00a2.75. Cucum- bers, bushel, 25083.50. Eggplants, crate, 2.25a4.00. Kale, bushel, 20a40. Lettuce, hamper, 1.2582.25. Lima beans, bushel, 3.5024.00. Onions, 100 pounds, 2.0024.00. Spring onions, 100, 75a1.00. l;a. hamper, 3.00a3.75. Peppers, crate, ey Rt-:dlsl:e;o :1‘%] 1.25a2.25. cral a Spinach, bu.hel " 3021.00, ‘Tomatoes, cfl& 2.25 Awlu bushel, 75a2.00; grapefruit, box, 2.00a3.25; oranges, box, 2.25a4.00: strawberries, quart, 7a12. Dairy Market. Butter—Good to fancy creamery, | pound, 45a48; prints, 49a51; blocks, 45| a50; ladles, 35a39; store packed, 31a32; rolls, 33a35: dairy prints, 33a34; process butter, 42a43. Poultry, alive —Spring chickens, pound, 40a45; small, 35a38; Leghorns, 34a40; old hens, 34a35; Leghorns, 26a 29; old roosters, 18a20: ducks, 20a27; guinea fowl, each, 50a1.10; pigeons, pair. 35a40. Eggs—Receipts, 1,225 cases; native and nearby firsts, dozen, 20a22. Hay and Grain Prices. No. 2 red Winter, garlicky, April delivery, 1.2215. . 2 export, April delivery, no quotations: No. 2 yellow, domestic, 7. cob corn, 6.00 barrel. 2 white, domestic, spot, No. 3 white, domestic, npot‘ ‘Wheat . 1.221 Rye—Nearby, 1.00a1.10, Hay—Receipts, none. While hay is arriving here in limited quantities only, | it is more than enough for the demand, | which is being supplied mostly by truck | from nearby points, a few carloads | being received. There is not enough | business passing to establish prices on | the various kinds on merit at a range of 12.00216.00 per ton of timothy or clover hay. Straw—No. 1 wheat, 12.00212.50 per ton; No. 1 oat, 12.50a13.00. DIVIDENDS. riod. Rate. Q 5200 Am Ra Brand Sanitary o Par- Steck of | able. reccrd. | May 10 Apr. 39 Cozporst.on. 2laia Packess iation 3732 June29 June 11| %137 Jine X el 30 June2d Junels July 1 May 31} *Q Q ° Il Y2 July 1 May 31 > Co ptd Tlinois Central Inland Steel Kroger Groceries & Bak oran "Crush. Go Pittsb 8t Co Simon H & Sony 4 June June Mav July June June June June i June 43%, June $178° June 1'1 0005 OO 00O o chb m”? baker debnker pfd.... o' !\ln P"‘;;‘ oil v s Sl»l 5 .'f 000 Some men acquire that nred feeling from looking for an easy joh. in hundreds. izh NEW,YORK CURB MARKET 2l>s INDUSTRIALS. § Acoustic, Prod .. Adams Ex rts wi 2 Aero 8o Mt A is Wi 14ero Sup MI 40 m £ Brit & Go Corp 17 11 Amer Oitles B4 L A o] Amer. G uper; 20 2 Amg Rt st 100 Am “Tel & Tel ris Wi £ Auburn Auto Co £ Auto Vot Mach .... 3 Auto Vet M cx pe i 3 Aviation Co of Am 9 Aviation i n 1 44 Bendix_Corp Aviation 88 Beth Steel ris wi... E 2 B 3 BIvn Shoes ing 1RBraz Tr L & 2 Brines & Stration 8 Bright Star Elec B 1B Cla 3% 776 Can Marconi 1 Gapital Adm nuoz m 41" 2373 L10116 101% 38% 382 LA + 6 Coop. Bessemer 2 Carr Resmolds bid A ¥4 Crocker Wheeler . 3 Curtiss Aero Exp 7 Fdison Bros St . 715 Fl Bond & 8 1Fl Bond Po, all Le : 7 Fairehild Avum A 13 Fandanen Hehh en il ytl’ Cor 1 Re & Ut Cor pfd Gien "rden ool Gold Sesl 13 Gol i j Goldman Sachs n .. 108 n Pl Real & 3 § Helens Rudensiin 33 Hercul Powd pfd. 4 Hiram Walk G & W 2 Hormel G_Co, ¥ Horn pid. 102 1 Houtnola Sutancs pid E 3 Huylers ‘cum pfd. 2 Investors Eq 254 Irving Air Chute 10 Ital Superpow 2 Jeflerson Flec 2John Pea; : 1{:”1.‘ & Naumb | ] b1 x:u,, mu. 164 5 Bottln, (' 5 >y Hosiery p! M.Cord R d B.Ill 10 Storés!. 267 el 62 Nat _Fioreen iNent oo %2 Neisoer n 267 1070 107 CHE Low. Close. 4642 THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, MAY 1, elson i ewberry ew Ene plm. Bld Cer 0 North Am Utility ‘Sec m t Easten Fow. Sta & 3 101l Stocks A ..l 8 Orange Crush’ Co 4 Quthoard Motors A.. utboard Motors B.. 1] Param Cab Mfg..... TEaram Transit 'wiol 24 2 Peop L Corp A 7 Petral Corp 1 pMd.... 0 : 2 R aTon Lumirions Reliance Br Br Corp Repett! Candy Rep Mot Trk 21ds olds X 0 etal ... 43% Met pt Bid 7512 Bros ...... 381 38t Reis t Reels Plner nm o ff " Co iSiarrere corn 2 Stein & Co. 11 Stein Cosmetics 20! 23 Sterling Se pfd aliot 18Stromb Carls Tel 30 1 Stroock 1°8tts Mot 2 8wift Intl i % Tenn El Pow 78 pfd e, 0 rod 3 Thomps 8] 13 Tishman | Rul!y A [} lu 2 SR8, 22 £ i ot BBt S e ssamabeit B e kbisis ugsusessatais, Snseaty SR S S8UENaENseeseSea oo RES! = 383! 5 Zonite Sales in § Cons N-éomaié resson Con ng Gold LVfl I 82 Falcon Lead Min . 1First Natl Copper 19 Gold_Coin . 12 Golden_Center M . 8 Goldleld Cons .. Sales in hundreds. 1Am Con Oilfids ... 3 Am Maracaibo Co... 3 Cities Serv pid. B pfd. 2Nat Fuel (T radford’ 6. Mex Ariz Land. Vestern Cil. Sales in units, 1200Anglo Am Oil. 100 Atl_Lobos. Na 100 Noythera L 409 Ohto _OIl 100 Solar Fef n. 500 South Penn’ O. 400 Southern P W =3 suliv-iiees azseasdFusuel E s SR FEF FFE a3 w3283 o o858, INDEPENDENT OIL STOCKS. TANDARD OIL ISSUES AND FOR- TR BUBSIDTARIES, " STOCKS. 18, N 8 f Received by Private Wire Direct to The Star Office 12 Alum Co Am Ss 921011 1 Am Agere ‘Cor 65 43 108' =S entthe 0535555 S0es0E, C28355522885338 22333323 PR e 2@ 22328 it Serv 85 : it Serv Gas §ibs 'é3 8 it Ser G Pip 6s 43 it_Ser Pow 5s '52 1 FL Tum 75 41 B onts o e ea 200090000 @ Q! Contl il 8las °3 5 Cosgrove M C §las '45 TP I TTEPRD: ST DO P N Gas 6las " P g 6las '38 1 O & R 5'3s '42 abrics Fin 68 139, A restone T&R 5s 42 s 5. kg 65 g;:'egsa >389 ) 2 Gul 13 Gulf Oil Pen._5s " 2 Gult St U 15 Harpen 65 ' 1 Hood Rub 7: 13 Houston & G s« A43 xw 11 Pow & L 5's 1H Pow & L% 35 Ind Oil & Gas 8s 14 Indian P & L 85 A 3 Intersta_Pow 68 52. 92'a 4Invest Cor A 55 A 47 951a 1jeddo Highi C s '41104's § Kelvin Corp 65 4 Kop G & Col 1 MeCord Rad cs a3 5 Munson 8§ L 31 Eoa S 5 o e, g<cdaaa! & 5%; 2 23 E 53 Sales in FORBIEN BoNDS. thousands. Mor Ba 7s 1 Asri Mor Ba 7s '¢ 2 Baden Ts 1. & Berlin C £ 61 4 Buenos Alres ..' 52, 58 1712 i 7 Muni Megel 75 E ?:, xd—Ex dividend. Wi When issued. New. Ww—With warrants. Commodity Notes Steel. YOUNGSTOWN, Ohio, May 1.—The Central Alloy Steel Co. has authorized additions costing approximately $1,000,- 000, it is reported here. The company | will begin making stainless steel under a new method. « Packing House Products. KANSAS CITY—Prices have con- tinued to climb in all classes of whole- | sale dressed meat during the past week. Beef prices were up 50 cents to $1.50, most pork cuts advanced about 50 cents, and lamb cuts were up to $1 to $2 early, but lost most of the gain later. Demand is fairly brisk and supplies light. PORTLAND, Oreg.—Box factories in Pacific Coast territory have reduced ac- | ilvities owing to prospects of a reduc- tion in deciduous fruit crops in Cali- cent. Railroad *revenues will also be decreased by the frost damage, but fruit growers as a whole are expected to re- ceive about as much for the smaller crop as they got last year for bumper ylelds. Automobiles. SACRAMENTO.—Motor car _regis- tration in California totaled 1,742,891 | during the first three months of the year, showing an increase over last year 133,989, Fees totaled $8,144,457. New Securities | five months stock traders have found | | market has made almost no progress | Such averages, | while indices of the changes in ior- | | months of churning, they are arain close I have made little progress. ‘tual: rose in the face of rapidly rising 1 activity has not slackened, and has rven | little further rrogress. |now being used for business {be reached where stocks would enter | their more limited dividend returns the {than usual. ! enter into a sustained advance. | | vienna, fornia, estimated at fiom 25 to 50 per | By the Assoclated Press. NEW YORK, M2y 1.—New s:curltlfi. offered today include: . $5,500,000—Gorham, Inc., $3 cumu- lative preferred stock, no par value, wit! warrants, at $50 a share. ,500,000—Chicago, North Shore ¢ Milwaukee Rallroad three-year 6 pr: cent notes, mmmm April 1, 1932, a. 97% and interest. $3,699,960—Walker & Co. (Michigan), class A, convertible no par value stocl and class B no par stock units at $60 p> unit of one share A and one share B. $3,500,000—Poor & Co. 6 per cen sinking fund convertible notes, due Apr: 15, 1939, at 99, and interest. Com pany supplies railroads with equipmen used in track maintenance and con- struction. i €0.000 shores—Capital stock Shaffer | Stores of Altoona, Pa a $22.50 a share. ‘ MONEY MARKET fay 1 (#).—Call money | owpl0; ruling rate, 11; |2 g t m firm; mixed Awlhfienl 60-90 tlh i 4-6 mgg/lha prime mercantile. paper, .5%a6. ann acceptances unchanged. BY KENNETH S. VAN STRUM. NEW YORK, May 1.—For the past the market hard to beat. The chart | shows the reason plainly enough: The | since November. | Stocks at November Level. An average of stock prices such as is used in the chart is sometimes con- fusing to the irdividual stockholder, for, unless he holds the particular stocks included in the average he can- not tell accurately from its fluctuations how his personal fortunes are changing. however, usually in- | clude a wide enough variety of repre- sentative stocks tc make them .worth- | tunes of investors in general. Both industrials and rails have under- ! gone wide and crratic fluctuations since November, but at present, after five to the levels from which they started in late November. Some stocks are nigh- er, some lower, but, on the whole, they Business Activity Helps Industrials. It has been evident during the past year that industrials and rails are af- fected by quite cifferent factors. Last year the industrials were experiencing one of the broadest bull markets in his- tory. Business activity was mounting steadily, and helped by an increasing public interest in equities, the indus- money rates. Although business continued at a rapid ?‘ic? the point was finally reached | where high money rates brought torth | the Reserve warning and much_discus- sion of the credit situation. Busine: increased, but the industrials have made INDUSTRIALS r"‘!"'r* 300 I )y i f'lr on "u'* J.,L,.n-“-'*.i—lso "RAILROADS | | Lower Money Would Help. If the seasonal recession in business ' | which usually begins'in April or May | sets in this year, it may further re-| strict general industrial stock prices. Any decrease of business activity, how- ever, should release some of the credit | urposes | and this would help to sustain stock | prices. If the banks are satisfied with the liquidation that has already taken place in the stock market, and are will- ing that money rates should fall, the depressing effect of declining business may thus bs offset by more favorable credit conditions. If money rates fall far encugh, the point would probably another broad rise. High Money”Stops Rails. Lower money rates would be even more welcome to the rails. Because of rails are more sensitive to money mar- ket conditions than the industrials. So far as their trend in the market is con- cerned ralls are a cross between bonds and industrial stocks. Thus in 1928, even though the revenues of the railroads were rising steadily, the rails did not respond to favorable busi- ness conditions so vigorously as the in- dustrials. As is usually the case they were held back by rising money rates. Ever since Government control of rail- roads was first effected, low or falling interest rates have generally been co- incidental with periods of rising rail- road stock prices, and rising or high in- terest rates with periods of steadily falling railroad stock prices. During the past year the rails have withstood high interest charges better 1t is evident, however, that they are still influenced by money mar- ket conditions since none of the shi advances in rail stocks have been m: tained. The rails have usually fallen: back almost to their starting point! shortly after these advances. In the last 15 years the rails have al- ways advanced when money rates were low or falling. Perhaps failing interest | rates would again cause the rails to (Copyright. 1929} TREASURY CEBTIFICATES (Reported by J. & W. Seligman & Co. o Offer. RateMaturity o P 18 3138 Bee: 18, 1033 1932 96 28-32 FOREIGN EXCHAHGE (Quotations turnished by W. B. Hibbs & Co.) Nominal gold Selling checks value (or par). London. pound $4.8665 Paris. franc. Brussels, belg: Beriin, mark. Rome.” lira. Zurich, Athens. drachma . Madrid, peseta... senillig. Budavest, pen ue. crovn om. renhnen. erowi. crown ok, e Allis-Chalmers Co. 5s 1937 9914 Aluminum, Co. of Amer. 5 mz 10113 American Tel. & Tel. Co. 45 1920 99% Ahaconds Coper Min. 63 1553 Haltimors & Ohio 4128 1933, Fetavian Pet. Corp. 4':s m Bell Tel. of Canada 5s 195 California Pet. Corp. 021 10115 | 102 Chile_Copper RCking Co. sigs 10 Boston 4% 101 Goodyear T. & R Grand Trunk 0' Cll\lfll Bl 1936 Gulf Oil of Pa. 1937 1 Humble, Oil vu 1932 Internat. Match Co Oulnn Shofl Llne ‘l lsn s 1937 ERe Dhion Bit b, 5, Sinclair Grude Oii Co, 1oz sumxmfi Ofl N govscy 55 1048 t & So. Ry 4¢ ), 9514 1023} 992 . 85 1944 Wheeling Steel Corp. 5 1943, CERMAN BONDS AND STOCKS i NEW YORK, May 1 (Special).— Bid. Asked. er Govt Red Loan wun drawing 15 m-ch-n per er Red tfs per 000 R M. 9{}";{"5 e olhr‘i per million, m-rk ’inrmln Gen llect ‘,/:0 eTman Gen Eieet 4tas 1915 s & b Amerfean Line 415 forth German Lioyd 4135 Zrupp 8% 1921, : “saeldort 48 Prewar TEADKIOFt A-NM Junich 4s pre- (Qiofed In doliats b A E G (German Ce Flec). AEG (German Ge Fiee) wtd B! Cominers ‘and Privat B 1 .G Far DiSeonto. Gellichatt erliner Fandels. | Bresdner " e Pecisehe Bank Darmstacdter Bal yden chem. Jera o-rm-n Lioyd. ATEan AR G | vegetables 09 | medium size 1929. TRADING IS LIGHT ATD. C. MARKET Rain - Interferes With Busi-| ness During the Morning. Supplies Are Plentiful. Sloppy weather this morning was not conducive to heavy trading. Many re-| tailers were on hand before the rain appeared, however, and were able to make their purchases and return to their places of business in time to sup- | ji} oly their breakfast trade without the in- convenience of being out in the rain. Wet weather came too late to inter- |, 0 | fere with the gathering of Spring veg- etables on nearby truck gardens and farms for this morning’s market, and | wholesalers had plentiful supplies of | products. Some were able to make de- | liveries and return home early in the morning, while others were delayed be- cause of slow trading. First peas of the season from the Norfolk, Va., section, grown chiefly near Hampton, reached the local market this | Ji morning. They were first quality and found ready sale, buyers taking them in preference to the peas from distant States. They were quoted at $2.75 a hamper, Green corn was received in increased quantities today, the roasting ears being large and well filled, according to re- ports, and possessing a greater degree of sweetness than is usual so early in the season. It was received from Texas | shippers and offered at $3.50 a hamper. Dea! also had large shipments of cucumbers, asparagus, lettucs, beets, car- rots and other similar vegetables from other sections, while kale, spinach and other Spring greens from nearby grow- s were reported plentiful and cheap. Strawberries continue to be received in large quantities from North Carolina growers, and fairly large quantities were received from the Norfolk, Va., section this morning. The market was fairly glutted with the fruit, dealers stated, and sales were slow. There were so many of the berries n the market this morning that dealers offered them at prices low enough to tempt representatives of firms engaged in canning for the late Summer and Winter trade. Many of the berries, 32- quart_crates, sold at $2 this morning, the choicest of the fruit selling at $3 and $4. Poultry dealers this morning had | some first quality home-dressed turkeys | to offer the trade. At this season of | the year most of the turkeys received | from nearby States, it is stated, are old and heavy, but this morning's stock in- cluded some young hen turkeys. No changss in prices of commodities were reported this morning, today's prices being substantially the same as prices quoted yesterday. Today's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 46a47; tub, 45';246; store packed, 30a3l. Eggs—Hennery, 30a32; fresh selected, 30; current receipts, 28. Poultry, alive—Turkeys, 35; Winter chickens, 42a45; Spring chickens, 45a50; fowls, 32a34; Leghorns, 30a32; roosters, 22; ducks, 25; keats, young, 60a75; old, 35a40. Dressed—Turkeys, 35a40; Win- ter chickens, 45a48; Spring chickens, 50a55; fowls, 36a38; Leghorns, 35; ca- 32a33; keats, 8021.00. Meats, fresh killed—Beef, 22a24; veal, 23a26; lamb, 30a32; pork loins, 33a: fresh hams, 26; fresh shoulders, 20; smoked hams, 28; smoked shoulders, 17; bacon, 22; lard, in bulk, 14; in pack- ages, 14'¢al5. “l.lve stock—Calves, 15; Spring lambs, Fruit and Vegetable Review. ‘The daily market report on fruits and (compiled by the Market News Service, Bureau of Agricultural Economics) says: Sales to jobbers except where other- wise noted. Apples—Supplies light; demand light. market dull. Barrels: No sales reported. Boxes; No sales reported. Bushel bas- kets: Virginia, U. S. No. 1, 2%-2% inches, Yellow Newtowns, mostly 2.25; Winesaps, 2.15; Yorks, 1.75. Asparagus—Supplies liberal; demand moderate, market about steady. East Shore Maryland and Delaware, dozen bunch crates, green, large size, 2.50a3.00: small to medium size, 1.50a2.25. South 1 Carolina, Hartsville section, donnvunch crltcs green, large size, 3. 0; me- dium size, 2.50a3.00; smlll sln 1.50a 2.00; few very large size, 4.00a4.50. Cabbage—Supplies liberal; demand light, market firm. South Carolin 115- bushel hampers, pointed type, 1.35a 1.50; few low as 1.25; lz-barrel crates, | pointed type, 1.25a1.40. Celery—Supplies very light; demand light, market firm; few sales. Florida, 10-inch crates, individually washed and pre-cooled, % dozen, 4.00a4.50; 6 dozen, 3.75a4.25. Lettuce—Supplies moderate; demand light, market about steady. Arizona, crates, Iceberg type, 4-5 dozen, 4.00a 4.50; 6 dozen, 3.75a4.00. Onions—New stock: Supplies moder- ate; demand light, market steady. Texas, standard crates yellow Bermudas mixed, No. 1 and No. 2, 1.75a1.90. Potatoes—Old stock. Supplies moder- ate: demand light, market firm. Mich~ igan. 150-pound sacks Russet Rurals, U. 8. No. 1, 2.25a2.35. Pennsylvania, 120-pound sacks round whites, U. §. No. 1, 1.90a2.00. New stock: Supplies light; demand light, market stronger. Flori- da, double-head barrels, Spaulding Rose, U. S. No. 1, mostly 8.00; few lower. Spinach—Trucked in stock supplying market. Strawberries—Supplies liberal; de- mand light, market slightly weaker. North Carolina, 32-quart crates, various varieties, wide range prices, mostly 3.00 23.50; fair quality and condition. 2.00a 2.50. Norfolk section Virginia, 32 and 60 quart crates, various varieties, 10a 11 per quart. ‘Tomatoes—Supplies moderate; de- mand light, market slightly weaker. Florida. 6s. green, ripes and turning, wrapped, fancv count, 4.50a5.00; choice count, 3.5024.00. String beans—Supplies moderate: de- mand moderate, market steady. Florida, -bushel hampers, green, flat type, 2.50a2.75. Peas—Supplies moderate; demand moderate, market firm. North Carolina, bushel hampers, slightly slack pack, 2.7523.00. Peppers—Supplies moderate; demand ‘moderate, market firm. Florida, pepper crates, fancy, mostly around 450: few high as 5.00; poorer low as 3.50; choice, 2.5023.00. Eggplant—Supplies light: demand moderate, market steady. Florida, pep per crates, fancy, 3.00a3.50; few higl as_4.00. Cucumbers—Supplies liberal; demn: mcderate, market slightly weaker. Flo=- ‘d'v 7a-bushel hampers, fancy, 2 choice, 2.00a2.50. Boets—Too few sales reported to quote. Carrots—Supplies moderate; moderate, market firm. Texas, Western | lettuce crates, bunched, 3.00a3.25. Green corn—Supplies light; denund| light; market steady. Texas, bushel bas- kets, 3.50. light, market steady. crates, 2.40a2.50. moderate, market allghuy weaker. ida, pepper crates, white, 3.00a3.50. Oranges—Supplies moderate: dem: moderate, market firm. Florid: bl;o 0. No. 1, meam;nsosu.e 4.0024.25 Grapefruit—Supplies moderate: de- mand light, market steady. Floride | oxes, No. 1, medium size, 3.50; No. 2 | medium size, 3.00. Recenfls strength of the chemical R Karstedt The word witch, in old Engl: ap- plied to both men and women. ‘M' shares be explained by the intro- duction~of new products at the New monmsw Show, which opens next !other hand, monthly private crop re- ports to be given out tomorrow were || pons, large, 50a52; small, 45a47; ducks, | 3004!. demand 1 Cauliflower—Supplies light; demand | California, pony | Squash—Supplies moderate Saand]| PINANCI WHEAT UNSETTLED. CHICAGO, May 1 (#).—Immense de- liveries of wheat on May contracts were witnessed here today, upward of 9,00 000 bushels, but except toward the last wheat prices averaged higher. The de- liveries apparently went into strong hands, and there was a good export de- imand today for wheat from North | Amgtica, European takings being esti- mated at 1,000.000 bushels. On the generally expected to prove bearish as| compared with last year's final estimate. Wheat closed unsettled at the same as yesterday’s finish to 34 lower; corn, s to % up; oats at !¢ decline to 2 advance, and provisions varying from 15 decline to a rise of 40. Wheat— y September December Beptember | Markets at a Glance NEW YORK, May 1 (#).—Stocks strong; radio repeats year's high. Bonds irregular; convertibles advance on strong demand. Curb strong; Aluminum Co. climbs 15 points v.o! record price. Foreign exchanges ir- regular; Spanish pesatas slump to new 1929 low. Cotton higher; heavy rains in Eastern and Central belts. Sugar steady; better sport market. Coffee ad- vanced; Brazilian buying. CHICAGO, May 1 (#).—Wheat easy; bearish Kansas estimate. Corn steady: bullish weather reports. Cattle weak to lower. Hogs lower. COTTON PRICES GAIN. NEW YORK, May 1 (Special).— Heavy rains in the lower Mississippi valley and Eastern sections causing & change to less favorable weather had a decided effect on the cotton market today. ~General covering, duplicated soon after the opening. which advanced the list $2 a bale, with December sell- ing at 19 cents before the market met more contracts and eased off 10 points in final trading. Prices showed a gain of about 10 points on the day. were advanced 10 points to 19. 19.05 METAL MARKET. NEW YORK. May 1 (#).—Copper | quiet; electrolytic, spot and future, 18. { Iron steady, unchanged. Tin easy; spot | and future, 44.00. Lead steady: spot, New York. 7.00; East St. Louis, 6.85./ | Zinc steady; East St. Louis, spot and | | future, 6.60. Antimony, 9.12. H Ticker Service for Cont. NEW YORK May 1 (Special).— | Ticker service will be extended to the Pacific Coast by the Curb Exchange for the first time todav. The cities to receive quotations will be Los Angeles, | San Francisco, Oakland and Pasadena. Simultaneously the service will be start- ed in Kansas City, Denver and Salt Lake City. making a total of 57 cities throughout the country receiving curb ticker quotations. Within a short time the service will also be installed in Min- neapolis, Milwaukee. Columbus. Akron, Youngstown, Louisville and Richmond. eople of China are using more Amer- products than for many years. ! AL First Mortgage and IConstruction Loan Applications Invited at 5%% Glover & Flather 1508 H St. N.W. 6% First Trust Notes Secured on Improved District of Columbia Real Estate National Mortgage & Inv, Corp. Investigate Qur First Mortgage Service 1004 Vermont Ave. Main 5833 O you invest recklessly when you buy tires? There is risk or safety in tires you buy. Equip your car with Hoods, it's better to be safe than sorry. First Mortgage Loans Lowest Rates of Interest and Commission | ‘Thomas J. Fisher & Company, Inc. | Investments JAMES Y, PENNEBAKER Main 5328 1520 K St. N.W. Mortgag: Money to Loan first deed of trust 1 of r=|' real estate. We have on hand a iimited amount of mortgage notes in small denomi- nations bearing 6% interest. CHAS. D. SAGER Rullnr. Owner and Builder 924 14th St. N.W. Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Representing Mutual Benefit Life Ins. Co. 1520 K Street Main 475 STUDEBAKER R. McREYNOLDS & SON 1423-25-27 L St. N.W. Decatur 686 NEW CARS USED CARS | | IFyou use printed ad- vertising (and who does not?),and it doesn’t quite square up with your ideas, why don’t you say to him, or her* (whoever handles yous printing details) . . . BYRON § ADAMS 512 Eleventh Street MAIN |. WHY TAKE CHANCES WHEN YOUR MONEY CAN EARN 69, ... with guaranteed safety? This Day dav stagt, putting our - money 6 rs; "Moriease ‘hotte bonds. “These guaranteed curities represent the max. safety. combined of Wit 1iveral“income. red on income perties in Wi Monthly payments if desired. Send for Booklet, “The Success Ple REALESTATE MORTGAGE & GUARANTY CorRPORATION Capital Resources $ 3,400,000 24 JACKSON PLACE ———— ¢ Get 6Y:% with First Mortgage Security ACH $1,000 of First National Bonds is se- cured by first mortgageson atleast $1,833.33 of real es- tate. In addition, each bond has behind it the full re- sponsibility ot The First National Company, ot Bal- timore, Md., with capital and surplus of more than $2,000,000. You may invest in $500 or $1,000denominations, with a choice of maturities from one to ten years. Ask fer Circular “KW™ MARLOW-BEECH CORPORATION 1732 Conn. Ave. Pot. 6167 n —