Evening Star Newspaper, May 2, 1930, Page 15

FINANCIAL, ®¥¥® A_IS UPWARD BUSINESS TREND INDICATED Economist Sees Recovery in Many Lines, Including Building Activities. FINANCIAIL. *CURB SHARES DROP IN HEAVY SELLING Market Slips Back After Opening—Volume of Trading Increases. THE EVENING STAR, WASHINGTON, D. (. FRIDAY, MAY 2, 1930. ~Prev 1930.~ Stock and Sales— . Dividend Rate. Add 00. 22% United Gas Co (new) 138 United Gas (war)... 27 United Gaspf (T)... 5 4 United GasCoc.od.. 4 4 Utd Lt& Pwr A(1).. Utd Lt & Pwr pf(6). Unit Profit Sharing. . Unit Shoe Mach(13% U 8 Dairy (B). U S Elec Pwr (war). U 8 Finishing (12).. Stock and Dividend Rate. . Open. High. Low. 8o Col Pwr (A) (2).. 2 26 28 Southern Corp...... T T 6% Southern lce Ut(A). s 80 Pipe Line (12). 19% 1:% NOTE—The New York Curb Market is now operating on daylight saving time. Notice—All stocks are sold in one hundred-share lots excepting those designated by the letter s (65s) Which shows those stocks to be sold In odd lots oniy. ~Prev. 1930~ Stockand Bales— High, Dividend Rate. 3 Stock and Dividend Rate. Bales— ;dd 00. Open. High. Low. Close. 3 8 8 8 8 554 11% 87 9% 7 ey 1930~ High. Lo 26% K% Close. 25 o 813 19% 14% 8 Oven. High. Low. Close. a'/. 24 20 214 8% Gen E. Ltd rcts(50e) 954 Gen Empire Cor Gen G&E cv pf B(6). Gen Indus Alcohol. . Gen Laundry Mach. Gen Tire & Rub (16) Gen W W&E(A) (2). Gleaner Com Har(2) Glen Alden Coal 8... Globs Underwriters. Gold Coin. .. Golden Cente: 5 Goldman Sachs(bé) Gold Seal Elec new. . Goth Knitback Mach Graymur Corp...... Groc Stores Prod vte Guard Fire Asso(2). Guardian Invest. ... Gulf Ofl of Pa(13%). Hambleton Co cfs 3. Happiness Candy. Hazeltine Corp (1).. Hecla Mining (1)... Hires (CE) (A)(2). Hormel (Geo) (2)... Horn & Hard (21%).. Houston Ofl of Texn 4 Hudson Bay M &S.. Humble Ol (2). Hydro El. Sec.(2). Hygrade Food Prod. Imp OIl. Can (50c. .. Ind Terr illu Ol (A) Ind Terr Illu Ofl (B) Ind ¥in ctfs(b10%). Insull Ut Inv(b6%). Insull Ut In 2d pf(6) Ins Co, No Am (13).. Insurance Sec(1.40). Intercoast Trade (1) Intercontinent Pet n Intl Petroleum (1).. Intercont Pow A (2). Internat Products. . Intl Superpwr($1) Internatl Util «B) Interstate Equities. Interst Eq cv pf(3).. Iron Cap Copper Irving Alr Chute Irving Air Ch(1.| Italian Superpwr A.. Johnson Motor...... Kirby Petroleum. .. Kolster-Br (Am Sh). Koppers G&C pf(6). Southland Roy (1) S W Dairy Products. S W Gas Utilitie 18 Spanish & Gen Reg. . 1% 4 Standard Motors. 3 3 3 Stand Oil, Ind (%) San Stand Of1 Ky. (1.60). Stand Ofl, Neb. (133 Stand Ofl. Ohto(2%). Stand Pwr & Lt (2).. Stand Pwr&Lt B (2). StaPwr& Ltpt (7). Surnu Ccrp. Star eleinlA) Oo pl(“fi) Stein Cosmetic: 149 284 33 100 14% 214 Alnsworth (32 24 Air Investors (w 8l Air Investors v.te.. 11% Afr Inv, Inc, ev pt... 126 Ala Gt Sou pf (17) 103 Ala Pwr pt 1% Alexander Indus 4 Allegheny Gas 16 Al! Am Gen Corp. % Allled Aviation. 10 Allied Mills (60c). .. 105 Alu Co of Am pf (6). 275 Aluminum Co of Am 95 Special Dispatch to The Star. NEW YORK, May 2.—Though gen- eral business exhibits only gradual im- rovement, seasonal forward impetus is ing augmented at this time by the 14 | expansion in construction, according to Gage P. Wright, business and invest- ment counselor of New York, who also observes in the latest bulletin of the 2% | Business Economic Digest that the re- 2014 | COvery already registered by the stock market has greatly revived confidence and constitutes one of the most im- portant potential factors for eventual stimulation of many lines. ‘In addition to favorable seasonal tendencies marking, the advance of Spring.” says Mr. Wright, -the upturn in general business gndually is being extended. Absence of substantial prog- ress by some lines gives to the recovery a continued aspect of unevenness, but there are unmistakable indications of improvement. No small importance may be assigned to the ntock market, the rise in which “has contributed greatly to increased confidence and helped to establish financial resources that eventually will move into trade lanes. The fundamentally favorable factor of abundant and relatively easy credit also continues to exert a most important constructive influence. “The lower price of copper offers in- ducement for more viorously pushin, enterprises that may have experience some restraint. Specifically, new con- struction, new engineering Jwrojecu and electrical and telephone developments should be spurred to a greater degree of activity, which would naturally benefit employment. “'As expected, first quarter earnings in many instances are making somewhat unpleasant reading. Of course, pro- spective, rather thun past, earnings are ificant, but it is interesting to note that financial statements cover- BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, May 2.—Selling, in- spired by the poor showing of first quarter reports and by the continued drop of commodity prices, gained mo- mentum on the Curb Exchange today and many stocks made new lows for T Am Capital (B)..... the movement. " 3 Cit PEL(A)(23) While the industrial and public util- S Am G BAL(BI10%) ity groups were most actively offered, 23% Am gom é‘(l,ltlsngz:. 34's Am Cwit! the weakness extended to the oils, e A e A aviation shares, radio stocks and w Am Control Oll Fids. trading corporation equities. 2b% Am Cynam B (1.60). There was some hesitation at the Am Dept Store opening, as selling and buying orders P L ® just about balanced; but after the first 113% Am Gas & Elec (31 half hour the liquidation became quite 106% Am Gas&Elec pL(6 heavy, volume increased and prices 605 Am Hard Rubber gave way. 5% 10 Am Invest, Inc (B American Su&e’gpowef opened un- 4% Am Invest (war) changed on a 5,000cshiAre Block, gained 62's Am Laund Mach( slightly in the first few minutes and 226 Am Lt&Tract (10) then slid rlpldlgobelov the previous 72 Am Lt&Trac (n) close. Electric & Share acted . similarly. Declines of 1 to 4 points were registered in Associated Gas & Electric, American & Foreign Power warrants, American Light & Traction, Brazilian Traction, Central States Elec- tric, Commonweaith Edison, Eastern States Power B, Hydro-electric Securi- ties, Middle West Utilities and Niagara- Hudson Power. . &Intl Sec 18t (5)+ Lines pf (1).. & Overseas war. Radiator (2).. - . CanomrnBo~a s Utah Apex (50c) Utility Pwr&Lt(al). Util P&L B ctfs (a1) o = PO RSP - T T T Stroock & Co ( Struthers Wells Stutz Motor Car. S acBlmnonaran: Utility Equities 5 Vacuum Ofl (t4%).. Van Camp Packing. . Van Camp Pkg pf... Venezuela Mex Ofl.. Venezuela Petroleum * Vick Financial Corp. Vogt Mfg Co (2).... Walgreen Co Walker (H) (1). Watson (J W) Co. Wenden Copper. Westn Air Exp(60c) Western Md pf (7).. 20! Westn M; Co (2).. White Eagle Ofl rts. 4 Wil-Low Cafeteria.. 27 Winter (Benj) . 4 “Y” Ofl & Ga. 1 Zonite Prod (1.60)... 6 RIGHTS. Expire. Clev El Ill......June 2 Superieater (t3%).. Swift & Co (2).. Swift Internatlt2%) Syrac Wash M B (1) Taggart Corp (1). .. 4 Tampa Electrie (32) 7' Technicolor. Inc. ... Teck Hughes (60¢). . Thatcher Sec Corp. Thermoid Co (2) Tish Realty & Con Transamer ($1.60) Tran Con Alr Tran Tr-Lux DLPS(A). Tri-Cont Corp (war) Tri Utilities(31.20) Triplex Safety Glass Ulen & Co... . Union Am Invest. Un Nat Gas, Can 1. (0 Union Tobacco. Utd Car Fastnr (1.0) United Corp (war).. 4% Lone Star Gas.. Unitt Dry Docks. 3 ¢ & % Traux Gruer. United Eelec Service 1% Dividend rates in doila Unit El 8ve pr war. ¢ 8 ¥ W annual payment. Utd Founders(b2.35) 85 33 33% *Ex-dividend. tPartly extra, United Gas Co 1 36% 35% | 1n cash or stock. b Pavable in st CHICAGO STOCK MARKET GRAIN MARKET e 65% Am §l|lmlndll (3). 18 Am St Pub S A(1.60) 28% Am Superpwr (1)... 87% Am Superpwr pf (6). 94% A.n Super 1st pr (6). 10% Am U&Gen B vte 40¢ 3 Am Yvette (n) w.i... 9% Anchor P F (b10%) . 1zl Anglo-Am vot (73c). 15% Anglo Chil Nitrate. . 13' Appalachian Gas. ... 56% Apponaug Co (2). 94 Arcturus Rad Tubs 1% 18% 18 18% 15 21% 21% 20% 21 T L May2) 1 % % % based on last quarterly or semi- BONDS ON THE CURB 44 35 45 19% in stock. a Pavable $Plus ext; k. d Payable in preferred stock High. Low. Close. 10214 1021 e AN 8% Ark Nat Gas (A)... 7% Ark N G eu pL(6Uc).. Baltimore Markets Atlas. plywa’s 1 Bellrel Can "58°A '35 101% 1 Bell Tel i &7 B 137102 Ne“ad’ss 58 100 Soa B o ny & "ca FivE GG 3 we B0 e e e Gus 65 '4h: 9843 N G 6'as 'l NG "ll 'll ww 105% E LA 2030 02t EEamanw 4 =8, o= " D D El El B Emj Fe 04 T0% 3 1008 10072 10880 41030 138 lo'l'q 10712 95 fond O o 24 136 Insull_Utilities B § Inter Pw Sec 7s E '57 12 Intern Am'ss 47 34% 34 84 Intersta Power 55 '57 92 89'; 92 foves Coted T xv. 80, 80 8, 10004 10005 1001 1023 1023 10bvs 105% 3 Southw GE 8% A 5 Standard Inv 55 '3 16 Standard gu & g gann 578 '82 91'a =g v 5;‘A ‘52 l%’ Rub'evas 10 Usnu’b g ] Rub 615 % V\,nldml-Allnar 1: Wash W 1 Webster Mill .’/Il 'll .'”' Wee'Fenn s 203 wl ik ai o 5 e s o West Uhon el 58 180 10873 10843 103 FOREIGN BONDS. 2 Asr Mig Bank 75 46 89 § Agr Mtz Bank 7s '47 85 1 Baden Con Min s 81 96 M B 82 3 38 Cuban Repub 8s 1Cuban Tel 108 A u 108% in:m\h Cons 55’53 3 Svdnes NEW 518 55 4 Terni” Soc Uit B ser 76 158 Xw 94% S W 6las A 47 ww 917 ww Wi warrents xw_Without warrants. T When issued. 94 91ty e Stores operated by sugar companies in ::ma Rico are selling goods to employes cost. 18 Art Metal Wks (3).. 2 Asso Dyeing & Pig. h". 0 Klee ind (30e, % Ass0 Gas & Klee (n) .m', AsSE0 G&E (A) 12.40. " AsS0 G&E (A) dbrts 141 Asso Gas&El ctfs(8) 1 Awss0 Luund (32ve).. 9% Asso Rayon pf (6).. 2b% Asso Tel Util (b7%). 20 Au Coast Kish(1.40) % Atlantickruit & Sug. % Atlantic Lobos. . 221, Atlas Plywood (2).. 164 Atlantic Secur Corp. 14% Atlas Util Corp... b% Aulo Musie (A) (1). 93 Auto Vot Ma cv pf pt 24% Aviation Corp of Am 124 Aviation Credit. % Aviation Securit 122 Babcox & Wil (19) 2% Bahia Corp 63 Hohack (HC) d%... 18 Bower Roller Bear.. nbh Brazil Trac & Lt (2) Brit C . 1 Brown F&W (A)2.40 57 Buckeye P L (4).... 24t Buft,N&LP PELEV). » Burco, Inc. . 3 Burco, inc (vmrl 40 Burco, Inc, cv pf (3). 2% Burink Corp (181e).. 10k Butler Bros (30¢). ... 1% Cable&Wire (B) rcts s Cabie Hadio T v.Le.. 22% Camden Fire Ins (1). 4% Cont P (A) (a1.70) 1y Cent States Elec J40c 10 Chain&Gen Equities. 2% Chain Storew Lev. 224 Charis Corp (18) 1% Chathm Fhoe Al a- 22 Chem Nat Asson-v. 34 Ches & Uhio (new). . 26% Cities Service(33uc) o8 Cities STvo L (6). .o 20 City Mach&Tool(12) 68 Clev El lilum (1. 18 Clev Tractor (1.60).. 11% Cohn & Rosen, Inc... ot Colonwil. . 16 Colum Uil&Gas 24 Columbia Pictures. . 42% Colum Pictures v.L.c. 4 Columbia Syudicate. 284 Com'with tdison(¥) 4% Com'with & Sou war 12 Comm Wat Serv b6 % 3 Comstock Tunnel. ... % Consol Auto Merch. . 5 Consol Copper..... 13% Cons Dalry Frod lZ) 100 Cons G, Bal pf A(b). wu% Con Gas, Balio3.6v) 21 Con Gas Utll A 2.20.. 104 Con Gas UtiLb v.te.. 8 Consol Instrument. 10 Consol Laundnes. . & Consol Nevada-Utah 9% Con Retail stre (1). . 28 Cooper Bessemer(i) 3% Cooper Bess pf A (3) 5 Copeland Frod.lnc A 114 Cord COrp......a.es 12% Corroou & Reynolds. Tl Cor & Rey pf (A)(8) 6V CosdenVil.... 39% Coty,So0 Anom 74 4 10% Courtaulde (hoc). ... ot Creole Pelrvieum. .. & Cresson Consol (8¢). 18' Crocker Wheeler. ... 26 Crowley Milner (2). 30 & Cuban Cane propt w 5% Curtiss Flying Sve.. 1% Curtiss Wright war. 1 Cusi Mex Mining. ... 7% Darby Petrolm (1).. 113 Deere & Co (11.20).. 214 De Forest Radio 4% Derby O1l Refining.. 30 Derby Oil & Ref pf.. b Detroit Aire 24% Detroit Gas 16/ Doehler Die Casting. 12% Douglas Alr (76¢). . 31 Dres(SR)Mfg A3%. 41 Driver Harris(new). % Dubilier Cond & Rad 145 Duke Power (35).. 4% Durant Motora. 25% Eastn G&F Asso. 18 Eastn Sta Pwr B(1)., 40 Kastn Util Asso (2), 14 Eastn Utl Assocv.., %% Eastn Ul Inv (A).. 14 Eisler Eelectric(13) 80'% E) Bond & Sh 1b6) 103% K1 Bond & n of (6). 24% Klec Pwr Asso (1).. « Elec Pwr Asso A (1) £le~ Pwr & L op war 3l P&L 2d pfCA) (7). 151 Elec Shareholdg(31) 82 Kl Sharenold pf (6), 19% Emp Pub Sv A(1.80) o Engineers Gold. ..., 18% Europ EL Ltd A 60¢. 3 Evans Wallow Lead. 2 Fabrics Fininshing. Fairchild Aviation. . 48 Fajardo Sugar F 991y Fedders Mfg CQ(A) . Federal Screw (3).. derat Metls( 1% ) Ferto Enam A(113) 170 Fiat receipts (1.26). 1% Flat Stock deb rts % First Natl Copper. 21 Flintkote (A) 1134). 18% Fokier Afreraft. 28 Kord Motor Can(A) 6% Ford Mot of France 104 F'ord Mor.Ltd 37 %; 2ls Fox Theater C1 (A) 14% Franklin Mfg (2)... 2% Galena Ofl Corp w. 64 Gen Alloys (SUck. ... 2% General Baking 36% Gen Baking pf (3)... rof ansochnrrrrmmmenBaaann 6 100 8y 72 2 caer® 60, - cRoanmname Crown C&s pf(2.70) 3768 Pl 1 10 1 17 60 oo | - - s [RI00 - RPEPRITTS -3 IR STE-S V3 TP P RS Tx Lackawanna Sec(4) Lake Superior Cor) Lakey Foundry. Lehigh Coal & N 1. 8 ( Lily Tulip Cup l% Lion Ofl Refin (2)... Loew's, Inc, deb rts., Loew's, Ine'(war)... Long Isld Lt pf (7).. Lone Star Gas (1)... Louisiana Lan & Ex. MacMillan Pet (32). Magdalena Synd. ... Man-Bowman(A)1% 8% Man-Bowman (B) Mg Finance Mapes Cons Marine Mid (1.20, Mass Util A Mavis Bottling. Mayflower Asso Eranenu -nmaan ankREACOAN ©Sw E4 @ e %) . Mer Cha & 8 (1.60) . Mesta Mach (11.70) . Met & Min, Ine(1.20) Mexico Ohio Oil..... Mid W Sta Ut (1%). MII Wat Util(b3%). d Wt Uti] A war. ldld Wst Util B wai Mid Sts Pet v.t.e. A. . i Mid Sts Petv.t.c. B.. Midvale Co (4) Miller & Sons (2). Mo Kan PL (b10%). Miss River F Cp war Montecatini deb rts. Mon L H& P (2.40). Morison Elec($1). . Mount St Pwr pt (1) l‘-ltl Amer Co. eneBier@noBun-2afolenmnnn o atl Investors(new) Natl Pwr&Lt pt (6 # NY Pwr&Ltpf (7). Natl Pub Sv A(1.60) Natl Rub Mach (2).. Natl Screen Sve(2).. Natl Short Trm SecA Natl Steel x-war(3) . Natl Sugar, NJ (3).. Niag Hud Pwr(40c). Niag Hud Pwr A war Niag Hud Pwr B war Niag Shars Md (40c) . Niles-Bement-P 133 Nipissing (30¢)..... Noma Elec (1.60). ... Noranda Mines (3).. No Am Aviat A war.. Nor Am L&P (b8%). North Am Util Sec... Nor Cent Tex(60c). . Nor Sta Pwr A(8)... Nor Sta Pwr pf (7)., o1 Outbd Mot(A)(1.80). Pac Coast Biscuit (1) Pac Coast Bis pt 3.50 Pac Comcl Co (1.40). Pao G&EI 1st pt l% . Lo NENDO Hr RO RS AN o Lne Param’t Cab(b8% ). . % Pennroad Corp. Penn GlE(A) (a ‘6). Penn Mex Fuel (2),, Pa Water&Pwr(3).. Peop L&P. A (a2.40) . Perfection Stove (4% Perryman Elec. Petrol Corp (1%)... Petrol Corp war. . Philip Morri, Plerce Gov (1%). Pilot Ra T(A) (1.2 Pitney B P, n (20¢) Plymouth O1l (2).... Polymet Mfg (31)... 8 EISTEP T PPRURUNS |- JOrs TIPS SO o - PRS- == - Prince & Whitely L. Prince & Whit pf(3) Propper McCallm(2) Prudential Inve . Pub Util Hold Pub Uti] Hold war. Pyrene Mfg (80c) Radlo Products 1, Rallrond Shares RY & Ut Inv (A) Rainbow Lu Prod B. Relter-Foster(40c) . Reliable Stra(bs% ). Relia Intl Corp A w1 Reliance Manag Repetti Candy Reynolds Bros. Rocklan Lm?rnc) Ross Stores, Inc o it Safety Car H&L w. St Anthony Gol St Regis Paper 1l) . St Regis Pap pf (7)., Scovill Mfg (4). Seaboard Utilits 8ec Corp Gen new ( Secur Corp Gen 119). uo- Seaman Bros (3). Seg Lock & H (50c). s =S 2T = try Safety Cont. . uck Den Min 41% | BY the Associated Press. 11% CHICAGO, May 2.—Following is the 7 | complete official list of transactions in 454 | stocks on the Chicago Stock Exchange 42 404 5 'xmn. Low. Close. tt Lab. % 3% Acma Steel k) 100 Adams ‘M1 300 Addressoura 800 Allied Mot Ind 0 Bastia 4000 Bendix | Aviation WAilE & 8o Wi 1300 S cmhcon Rys 4200 Chicago 900 Chic: umbia 0 7250 Commonwealth 'Ed 10 Commont Water '8 18% 100 Construct Materials., 30 4700 Cord * Corp. 17200 Corp 1700 Gorp_ Becuriites SEE 180 Houguitie-Hers 2250 Houdal Ibflluh" B o 2 1 o e 1950 ‘Tnanil o Tnve 200 nsull, ULl In br 24 § =12 00w s, 2S5 SRR SERNIUERAT 1400 Muskegon Spec 100 Nachmann eprlncflu 300 Nat Elec Pow A, 00 North 3 agnn Nor Baae Cihi e Fo 190 No & 'So Amer Corp. . 300 Northwest Bancorp - 330 Nortnweat Engineer. 0 Ot zoan Dvera 00 Oehios “sn Baciic Bub Serv A 100 Parker Pen o= FEE com &!r P o nso ‘Wextark dio . Mwl eboldt_Stores ), Winton Engine. Jkshares. 750 Zenith rts 'am saler tod T Ty 116000 Insull Util 108% 107% 107% Railways of Switzerland have reduced 40% rates to industries and agricuiture. A on_the day. Ve CHICAGO, May 2 () —Wheat trad- ers focused attention today chiefly on May unofficial crop estimates, indicating 7,000,000 bushels less domestic Winter wheat this season than suggested by the Government April report. The probable yield pointed to is 35,000,000 bushels below last year's harvest, with & decrease of 7.3 per cent in this coun- try’s Spring wheat acreage and 4.8 per cent decrease for Canada. Uncertain- ties, however, regarding settlement of May delivery contracts tended to re- strict new speculative buying, and the market showed a sagging tendency at times. ‘Wheat closed irregular, varying from Js cent net decline to 33 advance, com- P with yesterday’s finish. Corn closed ¥ w 1% cents down, oats Ys off to Y3 to ¥, up and provi- sions ‘mwlnz 10 to 40 cents gain. NEW YORK COTTON NEW YORK, May 2 (Special). Weakness in the outside markets re- duced the covering demand for cotton today and both new and old crop months eased off, with a loss of about 10 points The bruk in sugar into new low ground here and a shArp decline in securities brought cotton under pressure and July lold Off $1 a bale at one time. Tightness of the old crop, however, was shown in an increase in the July pre- were reduced 10 potnu to 1 :_::::::::S‘ NEW SECURITIES NEW YORK, May 2 (#).—New se- | eurity offerings today include: Puget Sound Power & Light Co., $9,000,000 5 per cent first and refunding mortgage gold bonds, series C, priced at 95'% and accrued interest, hy vndlme huded by Stone & Webster and lodgett. V S. Rubber Co., $15,000,000 6 per cent three-year secured gold notes, due June 1, 1933, and priced at 99, Kuhn, Loeb & Co. Wire Prices Reduced. NEW YORK, May 2 (#).—The Amer- ican Steel & Wire Co., a subsidiary of United States Steel, is reducing prices of wire rods, nails and plain wire $2 to $3 a ton. The new quotations con- form with prices generally posted by other manufacturers. Heavy melting scrap steel at Chicago is being quoted 25 cents a ton lower. PARIS BOURSE PRICES. PARIS, May 2 (P)—Prlce changes | were irregular on the Bour: ‘Three per cent rentes, l'l francs 50 centimes; 5 per cent loan, 102 francs 45_centimes. Exchange on London, 123 francs 85 centimes. The dollar was quoted at 25 francs 47% centimes. The Bourse will be closed Saturdays hereafter until November. Markets at a Glance NEW YORK, May 2 (#)—Stocks weak; industrials lead fresh decline. Bonds strong; rails feature advance on easier money. Curb heavy; utilities under pressure. Foreign ~exchanges mixed; sterling sags, French franc firmer. Cotton easy; favorable weather. Sugar easy; Cuban selling. Coffee lower: European selling. CHICAGD HIY 2 (#).—Wheat barely steady; arish private crop estimates. Corn easy; improved weather for farm work. Cattle lundy Hogs higher. mium over Liverpool to 40 polnu Spots | 8.00; | | | | the rates of other banks. Speclal Dispatch to The Star. BALTIMORE, Md,, May 2.—Potatoes, white, 100 pounds, 2.50a3.25; new, bushel, 1.50a2.75; sweet potatoes, bar- ing the first three months of 1930 of many of the leading companies are either showing actual gains over the corresponding period of last year or are turning out better than earlier antici- pated. “Regarding the outlook for increased rel, 2.50a5.00; yams, barrel, 4.00a4.75; asparagus, dozen, 1.50a5.00; beets, crate, 3.00a3.50; beans, hamper, 2.00a4.00; cabbage, hamper, 50a1.50; carrots, bushel, 1.25a1.5° caulifiower, crate, 1.50a2.00; celery, crate, 2.50a3.50; kale, bushel, 20a35; hnuu. hnn T, 7581.50: lima beans, ger .00; onions, 100 pound‘ 1.5 I250, radishes, 100, 2.00a4.00; spinach, - bushel, 25a60; squash, bushel, 3.50a4.00; tomatoes, crate, 1.50a4.50; apples, bushel, 1.25a 3.50; grapefruit, box, 3.25a6.25; oranges, lngil 3.75a9.00; strawberries, quart, a18. Springers, lahorm, 27a33; young, thtn, 23a25; old 14 | Towis, each, 80a75: pigeons, pair, 2023, Eu Receipts, 2,235 cases; nearby firsts, 24a24'2; hennery, white, nrsu 26!25‘/:. duck eggs, 23a24l5. fancy pfiund 80!39 % ladles, 25a28; process, 31a32; 19a20. creamery, 21-32 rolb, store-packed, Live Stock Market. Cattle—Receipts, 200 head; light sup- ply, market dull and lower. Steers—Choice to prime, none; good to choice, 11.50 to 12.25; medium to good, 10.25 to 11.25; fair to medium, 9.25 to 10.25; plain to fair, 8.25 to 9.25; common to plain, 7.25 to 8.25. Bulls—Choice to mme, none; lood to choice, none; medium to good, 8.25 to 875; fair to medium, 8.00 to 8.25; plain to fair, 7.50 to 8.00; common to plain, 7.00 to 7.50. Cows—Choice to prime, none. sood to choice, none; medium to good, 7 fair to medlum. 6.00 to 1oo pln.\n to fair, 5oo to 6.00; common to plain, 4.00 to 5.00. Heifers—Choice to prime, none; good to choice, 10.00 to 10.75; medium to good, 9.00 to 9.75; fair to medium, 8.00 to 8.75; plain to fair, 7.00 to 7.75; com- mon to plain, 6.00 to 7.00. ugfo’h cows and Springers, 50.00 to Sheep and lambs—Receipts, 100 hea lilhc supply, market steady. Sheep, to 6.00; Spring lambs, 11.00 to 13 75 huvlu 1.00 to 2.00 lower, Hogs—Receipts, mo head; light sup- ply ‘market s 1015 to ll(ht pigs, 10.00 to 10.50; lll 10.50 to c-lvea—meelpu 50 head; light sup- ply, market steady. Calves, 6.00 to Hay and Grain Prices. Wheat—No. 2 red Winter, export, 1.03%; No. 2 red Winter, lpot, 1.09; May, 1.09; No. 3, garli quotations. Corn—No. 2 domestic, yellow, new, 90;_cob corn, new, 4.75. Oats—No.' 2 white, domestic, spot, g;,fil;/g No. 3 whlu domestic, spot, Rye—Nearby, 80a85. Hay—Receipts, none; no change market. Some little hay |l mlvlu. but hardly enough upon which to establish quotations by grades. Better grades of timothy and clcver mixed are selling from 18.00 to 21.00 per ton, according to quantity and condition, receipts by truck supplying most requirements. Straw—Wheat, No. 1, per ton, 9.00a 10.00; Olh. No. 1, per ton, 9.00a10.00. MONEY HAB.KET. NEW YORK, May 2 (#).—The money market eased today under the stimu- lating influence of the lower New York Federal Reserve rediscount rate, which is expected to be followed by cuts in Call money renewed at 31: per cent, the lowest in about & month, but quickly moved down to the rediscount level of 3 per cent. A quarter of a per cent was sh"ed from the quota- tions on time fun METAL MABKET settled; electrolytic, spot and future, 14. Iron qulet unchanged. Tin easy; spot and nearby, 33.30; future, 33.60. Lead quiet; spot, New York, 5.50; East St. East St. Louis, STOCKS. 50 lndllsl.l‘llh. 7 Antimony, 30 Edition | | 1 Badtray Matl [+1 lle Nati nt | Chemicar e & T Corn mmzy in production, the existence of erally low inventories in many lines, gen ? | including retail trade, is believed to con- ;tvlgl:;n: teln'.fi fl::t:)r of GT.)“Ch im- , likely to set in motion a de- cided upswing In manufacturing. Re- tail trade has quickened seasonally, and the movement of merchandise is ex- ted to continue its upward course. A great deal already has been accom- gluned on the upward side of general usiness.” BALTIMORE éHOWS GAIN IN ANNUAL CARGOES Spectal Dispatch to The Star. BALTIMORE, May 2.—The total vol- ume of Baltimore’s water-borne traffic during 1929 was 20,264,165 short tons of cargo, according to the annual report of G. H. Pouder, director of the export and import bureau. | inted out that this was 3,250,345 tons over the cargo carried the year before. He added that these were preliminary figures and subject to revision. The total valuation of the port’s water-borne traffic for 1929 was given as §787,725,740, an increase ‘o( $26,002,569 over the previous year. | . i CHICAGO LIVE STOCK MARKET CHICAGO, May 2 () (United States Department of ~Agriculture) . —Hogs— \H.ecelpu 16,000 head, including 8,000 |he-d direct; mostly 10 to 15 cents her; active at advance; top, 10.30; , good and choice, 160-300 pounds, Dlhlo 30; choice, 320 pounds at 9.80. Butchers, medium to_choice, 250-300 pounds, 9.65a10.15; 200-250 935!]0 30; 160-200 pounds, 9.85a. 130-160 _pounds, 960!1030 plckmg s. 9.50; plgs. medium to choice, 5a10.00. Clttle——l 500 head; calves, 1,000 head; slow. ltelfly. lower pndomtml- ing; not much action on she stock, uneclluy cutters, this class selling largely at 4. 75‘5 Ofl with light low cut- AR aughter classes, and choice, 1,300-1,500 poundl. 12 .25214.75; 1,100-1,300 pounds, 12.00a14.50; 950- common medium, 850 pounds up !50!1200 (ed and choice, 7502950 14.00; heifers, good and choice, 850 down, 10.00a12.75; common and medium, 7.50a10.00; cows, good and choice, '150.1000 common and medlum. 6.00a’ ; bulls, good and (bee!). 750“ 75' cutter to me- dmm. 6.75a7.50; vnlen (milk fed), good and choice, 8.50a11.50; medium, 7.5028.50; cull and common, s.ooa7.so. stocker and feeder steers, good a oq,lu 50; com- cations 10.75; best 00; shorn around 9.25a .75; shorn ewes, 5.75 down; native lgfln(en at 13.25. Lambs, d oice, 92 pounds down, 9.00a! &6 me- dium, 8.50a9.15; common, medium to choice, 92-100 pounda 8.258 9.50; ewes, medium to choice. 150 pounds down, 4.00a5.75; cull and com- mon, 2.00a4.25; feeder lambs, good and choice (no quotation). DIVIDENDS DECLARED NEW YORK, May 2 (P.— Compan; A Fad 0 & std 8 ERlaS &’ Do, Del & Hudson RR.&: EaxK-Tenay P prsL Ha dons gold Mt énlfl'-'al '=§=x§é:: Do. NEW YORK, May 2 (#).—Copper un- | 8t June Resumed. Al Gulf & W Ind...51 .. Omitted. Am Dept Strs 3d pf . $178 _Q Due May 1 2ans Wall Ld pF$178 @ Dus Apr. 1. Initial. May 31 May 10" NEW YORK BANK STOCKS NEW YORK, May 2 (#).—Over-the- counter market. Bid. Atked ® (Oopyright. 1930. Atandard Statistics Co.) Sounty Eauitable Quaranty . S Nantiactirer Neoiechester ‘tiiie & 7 Exchange SEESaNs E5gs -