Evening Star Newspaper, June 2, 1929, Page 81

"FINANCIAL. CONVERTIBLE BOND ISSUES IN DEMAND German Obligations Also Prominent in Day’s Trading. List Is Steady. By the Assor Press. NEW YORK, June 1.—Convertibles | end some ¢ the German obligations | Jed the trading in today’s short session | of (he bond market. - Advances were | the rule for the share privilege issues, while the German Central Agriculturai | Bank bonds, strong vesterday. continued | to move upward slthough the advance in the e ansactions was smaller than on Friday. Atchison convertible 415 and Missouri Pacific 5'; per cent ok option sccurities were in new high ground, each up a point. New Haven convertible 47,5 also found good | support et better prices. | In th~ remainder of the list, which | held fairly steady on easier time money and a relaxation of tension over the credit s tion. cement company bonds stood o International Cement 63 improved more than a point, while North American Cement 6',s picked up 1'; points. Utah Power & Light 5s dispearsed weakness in the utility divi- | sion, sinking nearly 4 points to a new low 'for the year. Standard investment issues were mix~d. Northern Pacific 6s suffered a | setback of a point and Baltimore & | ©Ohio 4s. Toledo & Cincinnati Division, Yiel d»d 1! d States Government bonds were | recessions ap- | 3tos | | | traded. Small tations on Liberty Baltimore Markets Epecial Dispatch to The Star. BALTIMORE, Md., June 1.—The live poultry market shows an easier tone under fairly liberal receipts and demand has eased off with values a shade lower on practically all lines. For choice. large Spring chickens, 2 pounds and over. there is a fairly good demand at full values. but smaller sized | chickens are slow sale at inside prices and most of the receipts consist of this small, undesirable fowl. Leghorns, 2 pounds and over, in fairly good de- mand, but too many small Leghorns are arriving and are not wanted even at the lower values. Large colored springers, 2 pounds and over, are| bringing 40 to 43 cents pound; 1!, to 2 pounds, 34 to 36, and smaller, 30 to 32, while Leghorns sell mostly 26 to 34 as to size, and all poor, thin fowl as well as stags slow sale at 25 to 28. ©Old hens in liberal receipt and under a slow demand the market is mostly in buyers’ favor at 30 for stock weighing 312 pounds and over, and 26 to 28 for THE SUNDAY BOND SUMMARY FOR THE WEEK UNITED STATES GOVERNMENT. 1008 100,12 98,18 98.20 10317 10618 101. 111.26 105, 984 LiblIst4lesl 98.12 Lib 4th 41,8 193 338 1940-43. FOREIGN. 1929 — Low. 100% 98 Argentine 5= Tune ‘69 101 9815 Argentine 65 A 67 7T 91w Australia b8 103 101% Austria 7s’ 99% 451, Bank of CI 1007 97 1007 98 1151 1121 Belgium 7 110 107% Belgium 8 a1% 85 101 9K Bordenux 6834 9615 90% Brazil 6%s 1526 Brazil 824 100% 94 4% 91's Chile 35 Chinese Govt Ity 82 Colombia 6= 94 Copenhagen 109 Czechoslovakia h 51 98% Denmark 5 1047x 102 Denmark 63 '42. 103% 101% Dutch East Indies 6: 2 104 101% Dutch East Indles 6s 'uu 171 130 Fiat 7s ‘46 war. 101 97% Finland 7s 50 109 105% French 7s°49. 115 109% French 713s’41. 104% German 7s'49. 85 German Bank 6s 1 82 Greek 65 1968. 95 Irish Free State 58 6/ 9413 Italy 7s'51.. '« Japanese 8% 8 Jreuger&Tol 8714 Milan 6338 9013 New South W 987« Norway bizs 85's Orient Dev 5% 713 Paris-Lyons-Med 63 93 Paris Orleans 5 85 Peru 6s'60 99 Peru7s.. 15415 119 Pirelli Co of Ttaly 7s ‘52 11 Rio Grande Do Sul 6s 14862, 108 104 Sao Paulo Stat 10815 102 Seine Dept of 7 8112 7614 Serbs, Croats&Slav 7s'6. 96 88 Serbs Croats Slov 8s'62 104'% 101% Sweden 6s " 1047 100% Swiss 5343 '46. . 99% 96 Toho Elec Pwr T 104% 102% Utd Kingdom 534837 100 97 Uruguay 68 1°60.. 884 84% Vienna 6x1952... 85% 176 Warsaw 751958 96% 91% Yokohama 6s'61... MISCELLANEOUS. 120 102% Abram & Straus 5% 110% 98 Alleghany Co cv b 106% 1032 Am AgriChem 7138 *41 90 86 Am Beet Sugar 6s°35. . 9610 9516 9610 -. 610 100.24 B 103.24 10218 1032 . .106.24 105.10 106.20 Wish. Low. Clese, 8°43.. 104% 44 9t 109:5 107 101 5% 98 90 93 853 103% 91 11107 103'5 100 101 99% 928 98.12 98.28 6 96.10 - 0 100.2 A o o, ; 98w 9B% — 4 i % 908 95's 4 121 93 9915 ‘USSteel s 5863, . Utah Power & Light bs Utilitles P& L 633 Walworth 68 '45. Walworth 813s '35, Western Union Tel n,,' Wilson & Co 18t 65 '41. Youngstown Steel bs 927 107 100 107% — ta 100% -+ 4 RAILROAD. Atch T& S F gen ds Atch,To & San F 414 "48.. Atlantic C L 1st 4s°52. Atl Coasi Line u,- 64 B &Ogold ds'43. B&Ocv4%s'3l. B&OTet5s’s5. B&Ore’ 58D 2000 Balto & Ohlo 5s 48. Balto & Chio 6595 B&OPItLE&W Vaés. B&OSW Divbs 60 Bangor & Aroos 4s '51. Bosion & Maine 58 '67.... Broadwy & 7th Av 68°43 Brooklyn Manhat 1st 6s Canadian Natl Ches & Ohio gen es & Ohio 415 ChiB&Q4%sB 1T ChiB&Qref5s'Tl . Chl & East 111 gen Bs '51.. Chi& N W 618°36.. Chicago Northwest 7. Chicago Rys b3 '37. Chi Union Station 4% Chi Union Station 6% 4 Chi & Western Ind con 4s. Chi & Wesern Ind 5% "62. CCC&StLbsD. CCC&8t Lrot6sA29. Cleve Terminal §%s. Cuba RRG8'62..... Cuba North 5% 42 Del & Hudson 5%3'37. Den & Rio Grande en 4 %« Den & R G West 58 's5. ' Den&Rio Gr Westn b Detroit United 4% 8 '32 Frie gen lien 489 Tb%a 1064% Grand Trunk 7s *40 Great North 43387 i Great North gen5%s ‘53] Great North gen 7| Hudson & Man ad) 68 Hud & Manref 53’57 4 Tllinois Central ref 4= '55 106 . 109 76% My Inter Rap Tr 68 sta’é Inter Rapid Trans 68 Inter Rapid Tranev 7 Inter & Great Nor adj % Inter Ry Cent Am 6148 STAR, WASHINGTON, D. C. JUNE o 1 Steck and dividend. 12-. Symington Class A. Texas Gulf Sulphur (4). Texas & Pacific (5) Tex & Pac Coal & O(b5). Texas Land Trust Thatcher Mfg. . Thatcher Mfg pf (3.60).. The Fair (2.40). The Fair pf (7). % Third Avenus Thompson J R (3.60) . Tidewater Asso Oil. Tidewater Asso pt ( Tidewater Oll (80c). Tidewater Oil pf (5) Timken Det Axle (1. 4 Timken Roller B (3). Tobacco Products(1.40). ‘Tobacco Prod A (1.40).. ‘Tobacco Prod ctfs A Tobacco Prod ctfs B Tobacco Prod ctfs C. Transcontinental Oil. . .. Transue & \Vllllzms 1). Trico Products (2% Truax Traer Coal 1. lo Truscon Steel (31.20). Twin City Rapid Tr (4). Twin City Rap Tr p£(7).. TUnderwd-Elllott-F (4).. Underwd-EIl-F pf (7)... 1 Union Bag & Paper. Un Carb & Carbon ( Union Oil of Cal (2) Union Pacific (10) Union Pacific pf (4) » Union Tank Car (5) Utd Alrcraft & Trans. .. Utd Afrcraft & Tr pf (3) United Biscuit (1.60)... United Cigar Stores ( United Cig Stores pf (6 United Corporation. United Corpn cum p! & United Dyewood 5 United Dyewood pf (7). United Elec Coal (3) United Fruit (c4). United Paperboard U S Cast Iron Pipe (2). USCIrP1stpf (1. zn).. T S Distributing. . U S Express... U S Hoffman (4) U S Ind Alcohol (6).. i USLeather...... T 8 Leather A (4) T 8 Leather pr pf (7). U S Realty (5) U 8 Rubber U S Rubber 18t pf. . U S Smelt Ref&M(334). . U S Smelt R&MpI(333). U S Steel (7).. U S Steel pt (7). U S Steel new (7). Universal Leaf Tob (3) Univ Plctures 1st pt (8). Univ Pipe & Rad Utah Copper (16 Util Pow & Lt A (o2). i Vadasco Sales. - Vadasco Sales pf (7). ‘Vanadium Steel (14). Van Raalte Van Raalte o). 929—PART ——1929— @igh. Low. 91 50 P10 91 81 40 60 o “ulean Detin pf (7). Vulean Detinning (A). Wabash Wabash p A (5).. Waldorf System (1%) Walgreen pf (6%%). Walworth Co (1.20). Ward Baking (A) i Ward Baking B Ward Baking pf (7). Warner Bros Picture Warner Pictures (ne ‘Warner Bros pf (2.20) Warner Quinlan (2). Warren Brothers (15). ‘Warren Fdy & Pipe. Webster-Eisenlohr Wesson Ol & Snow (2) Wesson Ofl & Sn pt (4) West Penn Elec A (7). West Penn Elec pf (6). West Penn Elec pf (7).. West Penn Power pf ( West Vaco Chlorine( Western Dairy A (4) Western Dairy B. Western Maryland. Western Md 2d pf Western Pacific Western Pacific Western Unlon Tel (8 Westinghouse Air B (2 +1HE 444 Weston El Instrument 4T 217%4x225 4 White Eagle (2). 82 82 ‘White Motors (1) 130 ‘White Rock Min S (3). 104% 7T 4 130 White Sewing M pf (4) Wilcox Oil & Gas. ... Wilcox & Rich (A) 2% Wilcox & Rich (B). . Woolworth F W ( Woolworth (F W) ne Worthington Pump. Wright Aero new (2) Wrigley W Jr (ct3%). Yale & Towne (4). Yellow Tr & Coach pf. & Young Spring (12%) Youngston Sheet & T Alleghny Corp, June 17 Anaconda, June 18 Balto & Ohio, June Canadian Pac, June 17 Ches Corp, June 24 Ches & Ohio, July 1 Devoe & Ray, June . Int Tel&Teleg, July 5. Kelsey-Hayes, June 6. Liquid Carbide, June 4 Mex Seaboard, Tne 25. Penna RR, June 14. Rossia Ins, June 15 3% U S Steel, june 21. T West Penn Power pf(§). i Westinghouse E&M (4) .. 5 Weston Elec Ins t A (2). White Sewing Machine. . Willys-Overland (c1.20) . Willys-Overland pr ). Worthington Pump (A). Worthington Pump (B). RIGHTS—EXPIRE. P Am Rad & San, June 3... Am Tel & Teleg, July 1.. Bethlehm Steel, June 18, FINANCIAL. Loans on Autos Legal Interest Our Only Charge | Quick Service—Confidential |UNITED LOAN CO. Rosslyn, Virginia Prud 1 5 2% lm\:’l:::“Co 10814 Commonwealth lnvesimenl Co. 4 77: 28'y 141% 17 MOCNEY TO LOAN At 514% and 6% Interest Before Piacing or Kenewing Your t and 2nd Trosts Consult WELCH Realtors Loan Specialists National Savin and Trust Bldg. 15th & N. Y. A w. Main 4316 8415 MONEY TO LOAN On District of Columbia Real Estate CURRENT RATES OF INTEREST FLOYD E. DAVIS CO. 733 12th St. N.W. Main 352-353 The Commercial Naticnal Bank Pays interest on DAILY BAL- ANCES on Savings Accounts. Interest starts from DAY of deposit and is earned to DAY of withdrawal. Come in and let us explain. Resources Over $19,000,000 14th & G Streets R. GOLDEN DONALDSON, President HAWKINS “‘Conveniently Located 14th Street” 1529 T4th St NW. Dec, 3320 : = Loans to ) Salaried People “Character Plus Earning Ability 2011 Our Basis of Credit™ REASONABLE = RATES EASY PAXMENTS 99 94 Am Chain 6s1933.. 110% 95% Am1G Chm 533819 111 101 Am International 518 97 75 Am Natural Gas 648 ’42.. 102 99% Am Sm & Ref 1st 55'47... 100 1047 100 Am Sugar Ref 6s°S - 102% 995% 99 Am Tel & Telcltr 142 119% Am Tei& Telcv 4% 105% 101% Am Tel & Tels 25 105% 103% Anaconda Cop 6s'53. . 268 160 Anaconda cv deb 7 927 88 Armour & Co 4%8°39. 92% 88 Armour of Del bis 43 K ] 10213 100 Atlantic Ref deb 5: 5 . 105% 103 Bell Tel (Pa) ret 5s ’!:: :,“'::T:: l‘" );‘i"A 102 98% Beth Steel p m bs 36 EH 'c”;l KA 105% 102% Beth Steel s f 6s"48. a8 ';Wm o » 82 68 Certain-teed 5%s 19 et T 'J‘;»»fi @ 96'5 9315 Chile Copper 5847 i Oh s 119'2 95 Colon Oil 6s°38 ]\" B > 100%: 97% Columbla N":‘é“m "‘;‘5‘ il e e N Y Gent ret imp b8 3013 9815 91 Comm Invest deb 6s'48. e - 73% 65% Con Coal (Md) 1strefbs., a el A SR 5 NYChi&StLrefb%s A, 80 59 CuannneSuxcvneb:n. ChiaBtLretbiisn, Bt L 6s A 1931 960 . 5 Wemm Dairy, June 13. Dividend rat given in the above !lble l payments hlufl on mn lllel\ flulrnrly or half nit of Yldln . 100 _shares. 4% In stock. 15l M Searong 1 Kan City South 4« Kan City South Kan City Ter 18t 4860 T.ake Shore 4s'31 Leghorns, but fowl weighing under 31, pounds not wanted at any price, Young ducks continue in good demand at 20 to 25, but old ducks not wanted and shipment not advisable. Market for guinea fowl and pigeons holds steady at 90 to 1.10 each for young birds 13, pounds and over and 50 to 75 each for small and old of the former and 35 to 40 a pair for both young and old of the latter. Egg Market Steady. The egg market has held steady all | week under moderate receipts, espe- cially of strictly fresh, well graded stock and closed firm today at 301; to 30% a dozen for firsts in free cases, but” small, undersized current receipts will not bring over 24. A fairly good and constant demand prevails on the street and all stock grading firsts un- der the candle meet with ready sale and no accumulations of desirable eggs noted. Recelpts of old stock white potatoes running light, but the demand is lim- ited and the market dull and draggy at . 115 to 140 per 100 pounds for No. 1 well graded stock, while Mc- Cormicks and reds will not bring over 1.00 to 1.25. Sweet potatoes and yams also in light receipt, and the market holds_steady for fancy stock at 1.75 to 225 a bushel for the former and 150 to 200 for the latter, but poorly graded as well as large, rough, dark stock, slow sale at 1.25 to 1.50 Demand for native and nearby gar- den truck is improving, and all stock of first quality meets with ready sale at outside prices at the following quotations: Asparagus, 1.00 to 3.00 a dozen, but culls will not bring over 50 to 1.00; beans, 1.00 to 1.25 ham- per; beets, 150 to 2.00 crate; cab- bage, 40 to 50 hamper; kale, 15 to 25 bushel; lettuce, 25 to 90 bushel; Spring_onions, 100 to 1.25 hundred: peag, 75 to 2.00 hamper: radishes, 150 10 2,00 hundred; rhubarb, 2.00 to 3.00 hundred, and spinach, 20 to 65 bushel. | Berry Receipts. | Strawberries from native and near- by points are in liberal receipt and market rules easy with considerable of the stock going to canners at 4 a quart. Large, fancy berries, how- ever, meet with ready sale for the consumptive trade at 13 a quart for nearby and 7 to 10 a quart for East- ern Shore, Maryland and Virginia. the annuai cash | f-yearly declarations. | artly extra. us Plus 3/25 11 stock. Lehigh Valley cn 4 2003 . Va-Caro Chem pf (7 er 5, stock: WASHINGTON WIMSETT ill stock. d Payable 'fl:n !lrl’l(fl e Payable in cash or stock. | Lt e840, % 9 VaElec & Power pt(8 101 o : : ‘ COMPANY g 78,1930..... 10 I irginia E1 & P pf (7)...107% 107%x107% - us 10% in stock. € Plus 6% in stock. b Partly stock. § Plus 27 Market Street Ry 78 A '40. s 3 Va Iron Coal & Coke (pf) 45 45 45 ‘nz.sm:}x K“.l"luu p.‘s - e'in stock. 1 Plus 3% 1 stock. m Plus | 903 N. Y. Ave., 2nd Floor. it == CURB SHARES FIRM ey [ The Commerit | IN LIGHT TRADING National Bank By the Associated Press. PARIS, June 1.—The Paris fair, an | interest on DAILY BAL- Operators, Surprised at Ease in Money, Await Defi- annual trade exhibition, this year ANCES on Savings Accounts. nite Trend. i -Caro Chem..... Va-Caro Chem 6% pf... T+ 1+ 1++1 Wholesale Market Yesterday's daily report on fruits and vegetables (complled by the Market News Service, Bureau of Agricultural Economics) said: Cabbage — Supplies light: demand slow, market dull, few sales; Norfolk section Virginia, 133-bushel hampers, pointed type, 65a75; East Shore Vir- mln. barrel crates, pomled type, 1.252 Cm(llo\lpel—!upplles light; moderate, market about steady: Cali- fornia Imperial Valley standards, 45s, salmon tints, 7.00a7.50; ponys, 45s and 54s, 4.50a5.00. Lettuce—Supplies moderate: demand light, market firm; California, crates, Iceberg type, 4-5 dozen, 5.0025.50; fair w‘ :gdmry quality and condition, 3.00 a Onions—Supplies moderate; demlnd‘ light, market steady; Texas, standard | crates, yellow Bermudas, mixed, No. 1 and No. 2, 1.85a1.90. Potatoes—Old stock: Supplies mod- | ersu demand moderate, market about | counts 7,392 exhibitors. Of these 754 ||| Interests starts from DAY of are foreigners, representing 33 nations. si earned to DAY Japan is second among the foreign- ers with 138 exhibltors. Italy is first with 141 and Russia sent 49. Ma- chinery is the biggest exhibit, followed by foodstuffs and building industry. i Money to Loan Seenred by first deed of trust rnnmu interest and Joseph 1. Weller 42 ¥: I WILL SELL $1.000 City Investment 6':% 1938 @ 108% 105% 108% 108% 100‘u Come in and let us expl: Resources Over $19,000,000. 14th & G Streets R. GOLDEN DONALDSON, President 105% 98 Dodge s P 100% 97 Duquesne 4%s 196 95% 79 KastCuba Sug T3 109% 103 General Asphalt 6s 1939 100 97'4 General Cable 5%s 1947 103% 100 Gen Motors 6s'37. 108% 106% Goodrich (BF) 6 i 95 91 Goodyear Rubber 63 1'\51 102'% 100% Humble Ol & R 5128°32 101% Indian: 93 896 Inlan 118% 102 Inter Cement § 98% 94 Inter Match bs 102 99% Inter Mer Marin, 9614 8815 Inter Paper 5s A ‘47 131 109% Inter Tel&T cv 43839, 968% 91 Kendall 514 "48 (war 1022 99 Lackawanna Steel 5s'50 105% 1017 Laclede Gas 533s. 103 99 Liggett & Myers 58’51. 124 104 Loew'sInc 68’41 war. 100'% 97 Loew's Inc 6s ex war 1941 !! 897y R4 Lorillard 5%4s'37. 1004 93% Manati Sugar s £ 7% 43, 100l 97 Midvale Steel 65 '36. 104 98 Montana Power 551943 t Dairy Prod 6%s 48 By the Assotiated Press. NEW YORK, June 1—The Curb Market stocks today charted a fairly steady course, with some week end profit taking cropping out in the ac- tive public utility section. Traders, per- plexed by easy call money all week, were inclined to stand on the side lines and wait to see what trend the market would develop next, week. Mohawk Hudson Power was the strong spot of the utlitles, Tunning up t new ut s fre - B T gt e lomt e o otiis | Supplies liberal: demand moderate, mat- reslizing sales. ‘The Buperpower issues | ket about steady: North and South | recaded slightly from their yesterday's | Carolina and Norfolk section Virginia, h closing levels Electric Bond 4 |cloth-top stave barrels, Cobblers, U. S.| Sifire ‘was siront, but Elecirlc Tavestors | No: 1 mostly 450: few low as 425" | Vielded 2 points. St. Regls Paper rose | Strawberries—Supplies moderate; de- nearly 4 points. mand light, market about 1::endy, !lm;‘- . hl‘mn?uél‘cfi;nent of the "tddux Air &fiofi?ffié’zfil‘?fio&% i Thoroush instruction and full 1gh instruction -opera- timula 5 - | S 8 il [ imuiate Interest n the Iafter) X ad; | rida axes, ripes and'turning, wrapped. 10 N hera Ve invesment Com. B fancy count, 3.50a4.00; choice count,| and_ vour re| air-rail service to the Pacific Coast next s afl confidence. month. The Maddux line will act 2.50a3.00; some poor condition both sizes B e e ar e lower. | THOMAS L. HUME Address Box 366-Z, Star Office Ollé afier selling off st T Watermelons — Supplies _ moderate; | 1412 G Street Give Phone Number. § Off at the opening|demand good, market steady: mrm.l Main 1346 Main 4733 | SALESMEN IF YOU POSSESS Ambition Intelligence Education Refinement Self Confidence Good Personality Wide Acqulntante an_opening which is worthy nts and one which provides unusual opportunity for attractive immediate income. Experience is not A5 essential as lonesty and a clean record. 10215 110% 987x 85'2 North Pacific r 1 68 2047. . Ore Short Liref 43 '29 Ore Wash 1st ref 4s 1961 Penna cn 4148 1960 Penn gen ¢138°65 Penn ¢%s'63. & Inv. P1d. @ 6. y ln-le Mort.'& Giy. Units 1021 I @ 6. Pennsylvania ashington Base 50t Netional Tusurance’ @ 4 Penn 638’36, Pennsylvania Reading ¢%8°87. RIArk& L 4%8" St Louis, IM& S 4 - StL Jron Mt gen bs 1931. . StLIM&SR&G4'3L.. 66 107 103% 115% 112 101 9715 '3 1041 )oz 99t North Amer Ed 101% 98% Northern States Po: 10213 99 Pacific Gas & Elec 58 '42.. 100% 105% 101% Pacific Tel & Tel 109° 102% Pan-America 100% 96% Paramt-Fam-Las StL, & San Fran 6s B '50. 168’52 Ll St Louls § W con 48’32 Y Edison 1st 6148 '41... 112% 9. 5 Seaboard A Liref 45’59 Seaboard A L adj 65’49 Seaboard A L con 6s'46. . South Paciflecv ¢s°29. South Pacific col 4s 'n South Pacifie ref 4s Southern Pacific u,i-.u.. turned upward, with Humble and Gulf | 'om Watson, 30-32-1b. average, 1.00a- ok 2 and 3% polnt gains, re-|115; 24-26-Ib. average, 65a75 each. de- ‘The live cattle market holds steady under a fairly good demand and light receipts especially of first quality stock. Common_to ordinary cattle, however, in liberal receipt and slow sale at in- side prices. Spring lambs, 60 to 70 pounds, in good demand, but receipts are mostly of very poor stock and market holds easy with values from 2 to 4 cents a pourd lower. Quotations today at Light Street Wharf: Beef cattle, first quality, pound, 11'; to 12; common to medium, 8 to 10. Bulls, as to quality, 7 10 9. Cows, choice to fancy. 7 to 9; common to fair, 4 to 6. Oxen, as to quality, 6 to 8. Calves, veal, choice, 14 to 1417 large, fat, 12 to 13; large, rough, 9'; to 10; thin, 8 to 10; rough and common, 7 to 8. Sheep, choice, 6 to 7; old bucks. 4 to 5. Lambs, choice, 15 to 16. fair to good, 12 to 14; common, thin, 8 to 10. _Spring lambs, 60 to 70 pounds, 12 to 15. Hogs, straight, 10! to 11};. Sows. 8 to 9. Live pigs, 10 to 14. Shoats, 10 to 12. Closing grain quotations: 2, red Winter, garlicky, spot, May delivery, 1.03%,; corn, No. 2, ex- port, May delivery, no quotations; No. 2, yellow. domestic. spot, 1.00; "oats, No. 2, white domestic, spot, 52a53; No. 3, white domestic, spot, 50a51. Rye, neurhy. 90a95. TEXAS TOWN CLAIMS LOWEST LOSS BY FIRE By the Associated Pre NEW BRAUNFELS, Tex.. June 1.— This town of 4,500 claims the maximum insurance premium credit of any place its size. An ordinance requires roofs of all buildings, even to barns and chicken coops. 1o be covered with sheet metal or other non-inflammable material. The law was passed one night 35 years ago when & blaze swept through the town. In the last 10 years New Braunfels has bad less than $100,000 in fire losses. Some years no losses whatever have been reported. CHEVROLET MAKES NEW MONTHLY OUTPUT MARK | tssu: Bpecial Dispatch to The Star. records of the Chevrolet Motor Co. were broken last month when 160,895 cars and trucks were shipped. The previous record was 157,137 units in April of this year, The May, 1928, output was 140,775 units, the record month of the | gin. year. Total shipments this year amount o 672,732 cars and trucks, while during the same period last year the company Mapped 618,791 upls . . 100 96 Philadelphia Co 102 100 93% 89 Philips Petrolm 6% 95 88Y% Postal Tel & Cable 207' 172 Public Service 4% 95's 91% Remington-Rand 5% 100 9813 Sinclair Oil 6s°30 103% 101 Sinclair Oil 7 9715 94% Sinclair Crude Oil 6% 95 93 Sinclair Pipe Line 55 1942 105% 101 108% 100% 100% 94 98 80 107 100% 104% 96 974 94 92% 88 102% 100 Stand OIl N J 5s. Stand OILN Y 4851 Sugar Est Oriente 58 1942 Tenn Copper 6844 B.. Transcon O11 6%8 '3 United Drug 58 '53. U S Rubber 1st & rei U S Rubber 7%s ‘30 Southwesn Bell Tel 5. 5! 102". 100% + % 84 WALL STREET POOLS HAVE DULL SEASON Operators in Motor Issues Have Had Hard Sledding Recently. DETROIT, June 1 (#)—Pools in motor stocks recently have encounter- ed hard sledding, except in the case of Packard and s few others where avia- tion or other special developments gave the glamor of speculative appeal. ‘While automobile output and sales have been maintained at & high rate, authorities point out, competition in the industry is unusually keen and some of the first-quarter reports have been rather disappointing. Several successful pools have been organized in the motor accessory shares, several of which have been marked to & new high level at the same time that the automobile stocks were slipping to low levels. Profitable opeuuem have been con- ted in & selec ud mun aviation, business appl (ood merchnnfllsln[ and yubllc umny But in the parlance of Wall Street the “general market has not been get- ting_ anywhere.” High money rates are blamed because fl. is difficult to get people to buy stocks yielding, in most cases, less than 5 per cent and force them to pay from 8 to 15 per cent for the privilege of carrying them on mar- Pools, most of whom operate on bor- rowed money, find the cost mhmuve. fly. when they are \lMNl st & publis Jollo tofreport LEAGUE STUDIES WAY TO REDUCE TARIFFS By the Associated Press. GENEVA, June 1.—The possibility of bfln‘gtnl about a reduction of customs tariffs by joint and collective action is being exhaustively studied by the League of Nlflom affected ‘The particular commodities are leather nml l-!hll’ wares, including subsequently submit reports League. COTTON PlfiCES OFF. Sdllnl‘ Causes Bag of 7 to 10 Points in Late Trading. ly steady st net de- ts. A private crop m‘lmn at 69, and the First National Net Up. NEW YORK, June 1 (#).—Net profit of Pirst National Stores, land chain ‘West Shore 1at 45 236 Union Pacific ref 43 2008 Virginia Ry 18t 68°62.... 4 Wabash 1st 65’39 ‘Wabash b8 B 187 Wabash 6348 '75. 84 84 —u CANADA PASSES U. S. IN RATE OF GROWTH Bank's Figures Indicate Dominion Has Forged Ahead n Industry. By the Associated Press. MONTREAL, June 1—The Royal Bank of Canada has compiled sta- b4 tistics showing that Canada's rate of Wi increase in industrial activity since|July 1926 ‘has been approximately six times | December that of the United States. An index prepared by the Dominion Bureau of Statistics shows that Canada has increased her general volume of in- dustrial production 12 per cent in the past two years, compared with a rise | Jul3 of 2 per cent for the United States as fiaunud by the rd. Separating induastrial activity into several pmlpfl divisions t] he’hnkl figures 1 basis for these con- lwodlnflon since 1926 ent, com) generation of hydroelectric 'rmm 49 per cent, compared :mx only 19 per cent in the United 's consumption of petroleum, durln‘ the same two-year pe risen 50 per cent, col nd with 16 per_cent in the United States. ‘The bank ascribes the unusual de- velopment of steel luction in the dominlon to ive rallrosd con- ——— WHEAT PRICES GAIN IN HEAVY BUYING String belns—Suiplles liberal; mand moderate, market slightly weaker; North Carolina, bushel hampers, green, best, 1.75a2.25; fair to ordinary quality and’ condition, 758150: Norfolk sec- | tion Virginia, bushel hampers, Black | Valentines, 1.25a1.50. Cucumbers—Supplies moderate; de- mand moderate, market steady; South Carolina, bushel hampers, fancy, 2.50a- | - Over Third WE WILL SELL || o centirss rperience 2,500 Smith Bldg. 6%3s, 1936, @ 9313 5,000 Cresthire Apt. 63;, 1935, @ 93 1,000 Royalton Apt. 6!4, 1936, @ 92!¢ Racquet Club 7s, 1932, @ 97%% 1, 00. Overbrook Arms 7s, 1936, @ 94 Federal Reserve ’“u | Favorable News on Crop Estimates . and Farm Relief Aid CHICAGO, June 1.—Largely because of opinions from trade leaders that lowest prices on wheat for at least some time to come had been reached, wheat advanced briskly today. Predictions that the farm relief bill would be enacted and a farm board appointed within two weeks were be- ing circulated. With estimates that the outlook is for 70,000,000 bushels less Spring wheat production in the United States this season and 110,000 bushels less in Canada than last year. At the same time, however, allowance was made that the 1929 United States Win- ter wheat crop will be 40,000,000 bushels larger than in 1928. Wheat closed unsettled %c to 7jc net higher; corn Yc to 1c up; oats ;2 to 1¢ advance, and provisions unchanged _u-.‘ 2.75; North Carolina, bushel hampers, | fancy, 3.00a3.25. Squash — Supplies liber: demand light, market steady: North and South Clrollnl bushel hnmpen white, 1.25a- Clmu—supplies light: demand light, | market steady; California, western let- ' tuce, crates, bunched, 2.75a3.00; Texas, w;;um lettuce crates, bunched, 2.50a Cauliflower—Supplies very light; de- mand light, market steady; California, pony crates, 2.0082.50. Peas—Supplies llbenl demand mod- | erate, marl ot slightly ~ weaker; ~East | Shore, Va., and East Shore, Md., bushel hampers, 1.50a1.75; few fancy, 2.00. | Corn—Supplies moderate; demand moderate, market steady; Texas, bushel baskets, 2.65a2.75; cantaloupe crates, 2.5082.65. Asparagus—Supplies liberal; demand | slow, market weak; Delaware, dozen bunch crates, large size, 2.00a2.25; mostly 2.00; small size, 1.20a1.50. Blackberries—Supplies liberal; de- mand moderate, market dull; North C-roltm 32-quart crates, best, 2.508 3.50; mostly around 3.00; poor condi- tion, 1.50a2.25. Oranges—Supplies moderate; demand moderate, market steady. Ho!‘ldl boxes No. 1, medium size, 3. Drnpelmlb—supplles modenu de- mand moderate, market firm: Florida, boxes No. l medtum slze 3.50a3.75. MOTOR CAR 2 CAR PRODUCTION | APPROACHES NEW PEAK e 1% k] Kroker Stores Expand. NEW KORK JumBl‘k {:peél:l) —'I’rh': Kroger Grocery & g Tepo! that on May 1, 1929, there were in operation 5,367 stores, of which 2,757 contained meat shops, as compared with 3,853 stores, of which 1,632 contained meat lhopc, at the same period in 1928. This i an increase of 39 per cent in stores, while sales for the first 18 weeks 1920 were $96,647,701, an increase lot 52.8 per cent over those for the cor- vesponali period 1n 1938, By the Assoclated Press. Dep.mnent of Commerce records vering: 151 motor vehicle makers in thn United States show that 570,086 er automobiles were pro- duced during the first four months this year than last. If the same rate of increase is main- tained the total productlon of this type of car in 1929 will be aproximately 5,- 500,000 compared with 3,827,849 in 1928. There is a mmsrfmdlnl increase in the current production of motor trucks. Reo Ships l“ewer Cars. NEW YORK, June 1 (#).—Reo Motor lCnt' Co. :hhlpped dlud! ‘:ll;.ul;n}n trucks A4EIEDELR eompary: April and 6,121 in May, 1 1,000 Cleveland Hall 7 500 Fairfax 1st Ref. 6 200 Hamilton Hotel 6'2, 1942, @ 80 1,000 Chatham 6'5, 1942, @ 90 25 Smith 714% Pfd., @ 75 100 W. B. Moses 8% Pfd., @ 82!4 50 U. S. Security Com., @ 50c 2 Units Wardman Mort. & Disc., @ 45 30 Security Corp. of America 2nd Pld, @ 4 500 W:;hlnrum Auditorium 6s, @ We Buy and Sell F. H. Smith Bonds Capital City Co. 509 Washington Bldg. Phone Main 8291-8292 Telephone Metropolitan %2”1’ 1936, @ 94 | , 1942, @ 80 Property m anagement with us includes more than renting and the collection of rents We take complete charge —assume full responsibil- ity—to your greater profit and entire satisfaction. house man- a specialty Apartment agement is with us. B\ E SAUL CO: Main 2100 925 15th St. CLARK,CHILDS & COMPANY 120 Broadway New York, N. Y. WASHINGTON OFFICE 1508 H STREET NORTHWEST MEMBERS NEW YORE STOCK EXCHANGE NEW YORK COTTON EXCHANGE NEW YORK COFFEE EXCHANGE NEW YORK CURB MARKET NEW YORK PRODUCE EXCHANGE BOSTON STOCK EXCHANGE CHICAGO BOARD OF TRADE CHICAGO STOCK EXCHANGE JAMES 8LOA