Evening Star Newspaper, May 29, 1930, Page 14

R—I4 ki STORE SALES GAIN IN FIFTH DISTRICT FINANCIAL, BONDS RREGULAR | o~ v soms BONDS o scuwa] |EXPORT AUTO SALE IN QUIET TRADING CAMPAIGN PUSHED U. S. Issues Drop Slightly. American Firms Making Ef- NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. UNITED STATES. (Sales are in $1.000.) Sales. High. Low. Close. . 510013 10012 100 13 2 10124 10116 10124 112 10210 1029 1029 26 1086 1085 1086 l.ht High. Low. Closs. 98k 98Y 98% 98 98% 984 100% 100 1004 W 98 98% 95% 96 ~Prev. 1930.—~ High. Low. 129% 102% 67 64 75 Stock and Bales— Dividend Rate. Add 00. High. Stand G& E (33%)... 45 119 Stand G & E pf (4).. Stand Oof Cal (2%). Stand Ofl Exp pf(6).. Stand Ol of Kan (2). (Continued From Page 13.) ° Prev. ~Prev. 1030.— tock and Bales— Prev. High. Low. Dividend Rate. Add 00. High. Low. Close. Close. 49% 35% Myer(FE) & Bro(2). 7 uu 46 46% 46 58 381 Nash Motors (6). Rem Rand 6%s Richfeld Of1 68 ‘44.. 9 Sinclair O11 6 0% 103 41 1% 41 414 Reserve Area InOIUdlng 118 Nash. Chat&StL (7). 80: 120“ IZM 120% - gome interesting comparisons by cities, : « of 1930. first four months of the year. Washington Leads Nation in April Report. Department store sales in the fifth Federal reserve district, which includes Washington, were 12 per cent higher in April, this year, than in the correspond- ing period a year ago. This is the best showing made by any of the 12 Federal reserve districts in April and ahead of the average for 267 cities, which reported a gain of 6 per cent over the same period last year. Sales for the first four months of the present vear in the Richmond reserve district are 1 per cent under the record for the corresponding period in 1929, while the retail sales in the country as a whole are 4 per cent under the 1029 figures. The figures are announced by the Federal Reserve Board, the reports com- ing from 659 stores. The April increase, it 1s explained, is partly due to the fact that Easter last year came in March, while this year it did not come until April 20, thus giving April the benefit of Easter trade. The average for the first four months gives a more definite line of business conditions than does the single month. Trade Compared By Districts. Following Richmond’s 12 per cent gain in April comes New York and St. Louis .. Wwith 10 per cent advances. New York reports a gain of 2 per cent in sales for the first four months of 1930, while St. Lous noted a decline of 5 per cent. Sales in the Boston district for April were up 9 per cent and Philadelphia 7 per cent. Cleveland sales gained 6 per cent, Chicago, 4 per cent: Minneapolis, 3: Kansas City, 2, and Dallas, 1 per cent. Atlanta neither gained or lost. Eleven of the districts had gains in April, but only two made any advances in retail business in the four-month period. These districts were Boston and New York with 1 and 2 per cent advances, respectively. The following table gives the April and four-month records of all the dis- tricts together with the number of stores reporting in each reserve area; the percentage gain or loss being com- pared with a year ago: Jan.1to No.of Reserve district. Avri Abr. 30. stores. Total (267 cities). ... 4659 d Reserve district: veveSachoSe el New York Philadelphi Cleveland is Minneapolis sas City. B Praiicises. Interesting Comparisons by Cities. ‘The Reserve Board goes on and gives the information being taken from con- fidential reports. Seven Washington department stores gained 9 per cent in sales in April and lost 1 per cent in the first four months Baltimore made a gain of 18 per cent in April and 4 per cent for the four months, according to eight reporting stores. - Atlanta was up 5 per cent in April and off 4 per cent on the longer geflod. In the South, Memphis gained cent in April, as did Nashville, Ullt both cities were down for the four months. The best showing for any city the country was reported by Oak- nd, Calif., which boosted sales 30 per eent in Apfll and 19 per cent in the Sales Reported by Departments. The Federal Reserve Board also pre- sents the department store sales, by departments, showing the increases or decreases in the different lines of goods, for Aprfl only. Sales in the Richmond district, as compared with the average for the 12 districts, follow: Al Dis- Rich- mond Dist. Ready-1o-wt Neckwear, Millinery . Corsets, Hosiery (women's, chiidrens) . T Children’s shoes. Women's wear’ Women's coats, BAE LaBes IRWV..EERY aSaaw GRIGSBY-GRUNOW CO. TO EXPAND PAY ROLLS By the Associated Press. CHICAGO, May 29.—Expansion of two activities of the Grigsby-Grunow Co. will provide employment for 15,000 people within the next 60 days, William G. Grunow, president, said_today. Pay rolls aggregating $2, ooo 000 = month will be needed to take care of 10,000 additional employed, who will be put to work in the radio division to step up production to 4,000 sets daily, the an- nouncement sald. The additional force of 5000 men will be employed in initial production of units in the refrigerator division with a monthly pay roll of $1,000,000. President Grunow said advance or- ders were on hand from the company’s sales outlets for 1, 000 000 refrigerators. CHICAGO LIVE STOCK MARKET CHICAGO, May 29 (#) (U. 8. De- partment of Agriculture). —Hogs, 23- 000 head, including 5,000 direct; opened steady; later trade steady to 10 lower, hogs scaling under 240 pounds showing the decline; top, 10.50 paid for a few Joads of 160-210 pounds; butchers, me- dium to choice, 250-300 pounds, 9.75a 430.30; 200-250 pounds, 10.00a10.50; 160- 200 pounds, 10.00a10.50; 130-160 pound: 9.75a1040; packing sows, 8.90a9.65 pm medium to choice, 90-130 pounds, 10.25. Calllf‘ 5,000 head: calves, 3,00 priced light steers about steady; better grade weighty offerings in excessive supply, slow, weak to 25 lower; depend- able market on she stock, bulls and vealers about steady: slaughter classes, steers, good and choice, 1,300-1500 pounds, 14.00; common and medium, 850 pounds up, 8.00a12.50; fed yearlings, good and choice, 750-950 pounds, 11.50 813.50. Heifers, good and choice, 850 pounds down, 10.00-12.00; common and medi- um, 7.00-10.25; cows, good and choice, 800 10.00; common and medium, 6.75- 8.00; low cutter and cutter, 4.75-6.7" bulls, good and choice (beef), 7.65-9.0 cutter to medium, 6.75-7.75; vealers lmflk fed) and choice, 11.00-13.0( .00-10.75; cull and commo l 50-9 00 stocker and feeder steers, good and choice, all weights. 9.75-10.7. mon and medium, 7.5 Sheep—Recelpts, 8,000 head; 25-50 higher; shorn lambs, 10. '25-10 wp, 10 75; native Springers, 12.75-13.5 ; fat ewes steady at 5.00-5.50; slnughur classes Spring lambs, good and choice, 12.75-13.50; top, 13. 65 Tat class, Spring lambs, good 12.75-13.60, medium, 11.25-12.75; and common, 10.00-11.25; lambs, and choice, cull 132 264 16% Nat Acme (13%). 11 Natl Alr Tran 9% Natl Bella Hess 71 Natl Biseuit, n(: 118 53% Nati Cash Reg.A(t4) 482 454 Natl Dairy (32) 294 88 Natl Dept St 18t tl Distillers (3) 108 N Y Chi & StL pf(6). N Y Invest (1.20) 107% N Y N H & Hart (6). 119 NYNH&Hbpf(7).. 10% N Y Ont & Western. . 2 N Y Raliways pf. 100 N Y Steam pf (6)... % 110 N Y Steam 18t pf (7) 80s 83 Norfolk & Wn pf (4). 408 91 North Am Aviation.. 42 93% North Am(b10%stk) 108 51 North Amer pf (3).., 100% North Am Ed pf (6) 77% North Pacific ct (5). % Norwalk Tire & Rub. 13% Oliver Farm Equip.. 18 70 OUVFrEQptA(6).. 1 31% Oliv Fr Eqevpt(3).. 1 63 Orpheum Cir pf (8).. 30s 67% Otis Elev. n(2%). 26 29% Otis Steel (2%)..... 2 583 Outlet Co (4). . 108 T4% 52% PacificGas& El (3). 13 101% 72 cific Lighting (3). 178 140 Pacific Tel &Tel (7). 28% 15% Packard Motor (1).. 50% Pan-Am Petm (B). 5 414 Panhandle P&R.... 6 48% Param'nt Publix (4). 39 20% Park & Tilford (33). 23 215 Park Utah......c000 12% Parmeles Trans 1%. 2% Pathe Exchange.... 5 Pathe Exchange (A) 18% Patino Mines. . 6 Peerless Motor Car. 26% Penick & Ford (1) 63 11% Phila Read C& 1. 294 Phillips Petrm (ni).. 10% Phoenix Hosiery. Prairie Oll & Gas(2) 50% Prairie Pipe f. (15). 11% 23% 112% 106% Pub ServNJ Dl (). 130% 121 Pub Serv NJ pf (7). 89! 74% Pullman Corp (4)... 2 Punta Aleg Su c. 21% Pure Oll (1%) 66 Purity Bakeries M) . 34% Radio Corp. 68 Radio Corp (B) ll).. Radio-Keith-Orpb A. R 92 Rem-Rand 1st Df('l). 10% Reo Motor Car (80¢) . Republic Steel pf (6) Revere C&B f (7).. 28t Reynolds Metls 3.40. 4 Reynolds Spring.... 49 Reynolds Tob B (3). 20% Richfleld Ol (3).... 16% Rio Grande Ol (2).. 44% Ritter Dent Mfg (13) 33 Rossia Insur (3.20).. 49% Royal Duteh (a3, 50% Rutland pf..... 118% 107% St L-San Fran (8)... 92 St L-San Fran pt (6) 24% Savage Arms (2).... 4% Schulte Retal Strs. 45 Scott Paper (31.40 8% Seaboard Alr Line 79 Sears Roebuck(32%) 9% Second Natl Inv 2214 Sharon Steel H (2).. 17 Sharp & Dohme..... 36% Shattuck(FG)(t1%) 203 Shell Union (1.40)... 98% Shell Un O1l pf (%) 8% Shubert Theatre: 354 Simmons Co (3) 21% Sinclair Con Of1 28% Skelly Ofl (2) 993 Skelly Oil pt; : 208 Sou Porto Sug (1.40. 56% Southern Cal Ed (2). 31 Sou Dairfes (B).. 127 116 Southern Pacific (6). 136% 101% Southern Rwy (8)... 36'% 19% Spang-Chalfant.. 2 30% 13% Sparks Withagtn(1). 52 29% Splegel-May-8 (3).. 29% 21% Stand Branas (1%).. 35 27 33 24 7 98 10s 146 88 17% % 30% 34% 26% 26% % 31 83% 23% 23% 1 £, 5% s Us nw ments Stand Oil of N J(12). Stand O1l N Y (1.60). Stand Plate Glass. .. Starrett (LS) (12%) Sterling Sec (A)..... 80% 39% % 1 44 17 Sterling Sec pf(1.20) Stewart-Warner (1). Sun O1l pf (6) Superior O1l Superior St Symington. Symington T t Corp (11.30). Corp (3)...... Tex Gulf Sulphur(4) Texas & Pacific (i)‘. Texas PC&OIl.. Texas Pac Land Tr.. ‘Thatcher Mfg (1.60) -~ ‘Thermotd Co (2) Third Avenue. .. Thompson Starrett. . Thomp-Star pf (34%) Tide Water As (60c). Tide Water As pf (6) Timken Det Ax(80c) Timken Tobacco Products. . Tobacco Products A. Transcontl O1l (30¢). Transue & W (1) Tri-Contl Corp. . ‘Tri-Cntl Corp pf. ((). Truax Traer (1.60).. Twin City Rap T (§4) 9 = Srma Roller (3) o oRrRnE o oN Twin City R T pf (7). 80s Und-El-| Fischer (5). 8 Un Bag&Paper(new) 3 Union Carbide (2.60) 127 Union Oil of Cal (32) 2 Union Pacific (10)... 22 Union Pacific pf (4). 1 Utd Afreraft. ... . 423 Utd Biscuit (1.60)... Utd Cigar Strs pf. Utd Corporation. United Corp pf (3) Utd Eleotric Coal. Pipe & F 241.20. Realty (6).. Rubber Rubber 1st pf. Smm l,u! a%). 1 (7) Vadasco Sales Corp.. Vanadium Stl (14).. B! Van Raalte 1st pf. Vick Chemical (234). 01 49 Va-CaroChem 6% pt 2 Va El & Pwr pf (6).. 20s Va El & Pwr pf (7).. 10s Va Iron Coal & C pf.. 208 Vulcan Det (4)..... 4308 Vulcan Det A (4). Waldorf Systm(13%) .+ 108 ll) Walworth Co (2).... Ward Baking (B). Warner Bros Plo (4). 200 Warner-Quinlan (1). 20 Warren Bros (3).. 1 Warren Fdy & P (1). 5 Webster-Eisenlohr., 2 Wess o1l & Snow (2). 8 Wess O & Sn pf (4).. West Penn El pt (6). Mll West Penn El pf (1). West Penn Pw pf(7). w.lurn Dury (B). Westinghae E&M 6) thse E&M pf (5) W ton El Instr (1). Wexta. 'k Radio Stry White Motors (1). White Sewing Mach Wilcox Ofl & Gi Wilcox & Rich B (3). Wilcox Rich,B ctfs 2 Willys-Overland.... Wilson & Co pt . Woolworth (3.40)... Worth Pump.... Worth Pump(A) . Worth Pump(B) (6) Wrigley (Wm) (6).. Yellow Truck... Youngs Spring (3) Zenith Radi0........ RIGHTS EXPIRE Am Roll M .June 18 Am Tel & T DuPont 1% Phillips d 1% Pet..June 16 1% Sales of Stocks on New York Exchange 1,436 300 Dividend rates as g pased on the latest nit of ti ock. 1P 1 .c § T Chsh o Btock. s 2% in s in ‘stock. i Plus 8% in 284,400 12 seee 949,100 «eo 1,619,700 bove table are the annual cash uarter y deciarations. IPIus 47 1d last year in the 3 vh 'iof#m ‘5 in i, B s (0% 5 ‘\tork. Sock” 5Bl MILLER STOCKHOLDERS HEAR GOOD REPORT Speclal Dispatch to The Star. STAUNTON, Va.,, May 29.—The an- nual meeting of stockholders of the Mil- ler Train Control Corporation was held in the home office of the company here and was largely attended by stockholders from Virginia, District of Columbia, Maryland, Pennsylvania and other States, and all appeared to be greatly pleased with reports made at the meet- ing. The vice president and general man- ager reported that very satisfactory progress had been mad: during the past year. The company’s unique traffic con- trol system is now in service in quite a number of important cities throughout the East and the Middle West, includ- ing cities in Florida, Texas, Virginia,| U Maryland, Pennsylvania, Massachusetts, New York, Ohio and Illinois, all operat- ing satisfactorily and giving excellent service. Encouraging reports were also mndel on train control, to the effect that the Interstate Commerce Commission Was continuing their interest in and super- vision of train control installations. In this connection, General Manager H. B. Miller reported that the company had | been solicited by the director of the Museum of Science and Industry, which is b:ing established in Chicago, to make an exhibit of their train control device installed on the Chicago & Eastern Illi- | nois Railway in 1911, it being the first train control to be put in service on a | steam railroad in the United Statcs. In- cidentally, this company, through the ! General Railway Signal Co., the latest installation of its induction type on the Monon Railroad, which was approved by the Interstatc Commerce Commission last September. It was also reported that experiments were made during the past year with the company’s train detectors on one of the most prominent railroads in the United States for the purpose of actuating sig- nals at highway crossings, and these ex- periments have proven entirely success- ful. ‘Two well known Washington men, M. C. Hazen and A. O. Dille, were elected members of the board of directors, and Mr. Hazen was also elected vice presi- | dent. BANK CLEARINGS. NEW YORK, May 20 (Special).— New York bank clearings, today, good nd choice, 92 pounds down, 9.75-10.75; & edium to choice, 92 to 100 de, H 60; ewes, medium to chofl:m down, 4.25-6.00; cull and $1,207,000,000; a year ago, holiday. balances, today, Mlled unzéfi Ind Lenn Eo Traung U 8§ Steel C Universal lnlu Vacuum Oil made | Lind Waldorf System. Do. pt Watren Pay Winnipeg Worth P& Asso Tel Uil $1 holiday. Fede: ] ! B 8 Jrejsnt do.o 517! 1 Vapor Cag Mg o $116 P 60c Pl Third Nat Invest DIVIDENDS DECLARED NEW YORK, Mly 20 ()— Rate.riod. .31 PoooKse 2x -. DPDOOOOOOD: ODDBDDD‘;ODD;DEDZDDQDDD:DD!DDDQDDDDDDBDDDDD‘JDEQDDBM:!H mflflflbb Am Sa k.81 .. San ot e 'uf .50 BA Increased. Pay- 1drs. jable. b 55 = ,_,_._._ L ERERRESREs o £2 B ara e B ar e s b B g uly Jine 13 une 20 June 14 June 30 June 30 June 30 4| over the correspondi: | trict, $350,000 4%, BALTIMORE TROLLEYS SHOW GAIN IN APRIL Special Dispatch to The Star. BALTIMORE, May 29.—Gross rev- g | enue of the United Railways & Electric Co., which controls the trolley system 2| of Baltimore, for April totaled $1,449,- 3| 416.55, against $1,423,527.25 in the cor- responding month of last year, a of $25,989.30. _Net for the month in 3| $67,093.92, an increase of $23,217.29. Net income for the first four months of the year showed a gain of $93,326 period last year. Surplus, after operating expenses, fixed charges and income bond interest, as of ] April 30, stood at $190,549.30, while at the end of the same period last year it was only "'l 222, 62 NEW SECURITIES NEW YORK, May 29 (#).—New se- curities offered today include: City of Fort Worth, Tex., $1,450,000 41, per cent bonds, to yield 4.40 per cent, by Chatham Phenix Corporation and syndicate. City of Hartford, Conn., school dis- per cent bonds, to yleld from 4 to 405 per cent, by Con- ning & Co. and F. R. Coolty&cu Village of Valley Stream, N. Y., $261,- June 13 (000,000 4.40 per cent bonds, to yieid -:;une 20| :l;om 4 to 4.25 per cent, by Phelps, Fenn Co. INVESTMENT TRUSTS NEW YORK, May 29 (#).—Over-the- i counter market: British Typp Invest hew. Corporate Trust Stares First Amer Corp n&u Frust Shares Incorp. Tnvertors Oll Shares Inc Unii Power & Light omen uncmnnn FOREIGN EXCHANGES. | (Quotations furnished by w. B difeos & co) Noming lling checks ahie tod; London, » Brussels, Berlin, m Rome, lir: | Zurich .'!_l,u 16 B Rail Group Is Well Supported. BY F. H. RICHARDSON Special Dispatch to The Star. NEW YORK, May 20.—Today's was another languid session on the bond market, with an irregular trend to price fluctuations. The street had not count- ed on a further reduction in the Bank of England rate, so that its omission had no effect one way or the other. A further cheapening of money just now would hardly affect the situation in any event, as the current dullness is 8 result of the recent flood of new flotations, together with the natural suspension of activity in the face of the reparations bond issue. This issue will be not only a gauge of the invest- ment market here and abroad, but will serve to release a large amount of new issues of foreign origin. One of these will be the British war loan refunding operation, and it is estimated a total of well over $500,000,000 of other new for- eign financing is in progress of nego- tiation. Those preparing the market for the reparations bonds apparently have re- laxed their watchfulness for the mo- ment as a result of the delay in ar- ranging the terms of the new issue. German bonds dropped fractionally to- day. The foreign department as a whole gave a poor account of itself, the only exceptions to the general lethargy being the Japanese issues, which are subject to a considerable investment de- mand from Japan itself. New issues totaled only $2,000,000 but an offering of $14,040,000 Chicago, Rock Island & Pacific equipment trust 4!2s was awarded to a New York syn- dicate and will shortly be reoffered. In the prime section United States Government obligations showed a tend- ency to drop back from the high levels reached in the past three sessions. Atchison General 4s, Baltimore & Ohio first 4s, Canadian Pacific 4s and Great Northern 7s were well supported. In- land Steel 4158, American Telephone 5158 and Utllities Power & Light 5158 also gained. Most of the convertibles were unchanged. In the second-grade railroad group St. Paul adjustments recovered anoth- er point of the ground lost early in the week. This group did well. Chi- cago & Great Western 4s, Rock Island 4l2s, International Great Northern Adjustments, Wabash 415s and Boston & Maine 5s all ldvnnced Washington S{;k Exchange SALES. Clplhl ‘Traction 55—$1,000 at 95%, $1,000 at 95, $2,000 at 95, $500 at 95. Capital Traction Co.—40 at 65. Potomac Electric 52 % pfd.—5 at 107. District National Securities pfd.—5 at 84. Federal-American com—10 at 31. Lanston Monotype—10 at 125. Mergenthaler Linotype—10 at 10134, 10 at 10134, 10 at 10135, 10 at 101%, 10 at 1017, 20 at unl1 20 at 1013, 10 at 101%, 10 at 1017, 10 at 1011}, 10 at 1018, The Carpel Corp—50 at 26%. AFTER CALL. Washington Rwy. & Elec. 45—$1,000 Nanom\l Mtge. & Inv. pfd.—400 at 41 Wuhlnmn Rwy. & Elec. pfd—10 at Wuhmmn Gas 6s Mergenthller Linotype—10 at 1013g. Potomac Electric 5'2% pfd.—b6 at 10715. BONDS. Bid and Asked Prices. . PUBLIC UTILITY. 0\ 100%5 . MISCELLANEOUS. Barber & Ross, Inc. 6)zs. Cham.-Vanblit. ‘Hotel Ghevy Chase Club ias C. Paper Mfg. 6s. e STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (d12). NATIONAL BANK. Sapital (14) a Washington TRUST COMPANY. Amer. Sec. & Tr. (13) . Continental Trust (6). Merchants' Bank & Tri National Sav. & Trust (12t) (i Wahinston: Low & Frist (i4) & Mvmos BANK. Bank of Bethesda Washington Mechanics’ (20).. . FIRE INSURANCE. American (12) Corcoran (10 Firemen's atlonal” Unlon " (i 'rn‘LI: INSURANCE. Columbia (6h Real BatateTohy” Title & Inv. Co. of Md. MISCELLANEOUS. Barker & Ros: u:u-u-e—< 3%23—:-«.—.»: £ (L0t d. (6) Lanston_Monotype ' (8) Merch. Trans. & Stge. com. (10) Merch. Trans. & Stge. pfd. (7). Mergenthaler Linotvpe (Tn).... Natl. Mtge. & Inv. ptd Peoples Drug Store pfd (613) Real Est M & G pfd. (8) Ter. Ref & Wh. C 355,55 Ss.¥ 3 Ex dividend. B Books closed. nasc extri ¥212% extra, §37 extra. haro extra. 5% extra wiwnen fssued. dEx rights. 827 extra. Unlisted Department. BONDS. Army-Nayy Club 85 Gommios "Clue dths; 1al Club l(.tropolllnn Club STOCKS. Bid. Asked. .9 s { N 69 11222 11216 11220 FOREIGN. Argentine 6s Ju '59 36 Argentine 6s B Australla 43 Australia 6 Batavian Pet 4148 Belgium 8s Belgium ¢ Belglum Brazil 6148 '26. Brazil 614837, Brasil 7s.. SaSleasnn~ » Dansh Mune 85 A, Denmark 4% Dutch East Ind’ 47, El Salvador 8s Fiat 7s ex war 46 Finland 5% ~AADAN ~NRAN NROSARD D Greek 63 '8! Holland-Am Hungary 7%, Italy 7s...... Itallan Pub Sv Karstadt 6s '43. Kreuger&Toll 68 ct. Nom.'y 6%s'62 tdev i, 58, , Orllnt Dev 6s°53. Paris-Lyon; Paris-Ly 1 Orleans 6343, Peru 6s *60. 0 Poland 7s (rets) Poland 8s. “A"—$1,000 at Rhi Shinevetsu 6%s Sweeden 53 Utd Kingm 5148 ‘37 Uruguay 6s°60. Vienna ISCELLANEOUS. 85! Abitibl P&P 68 '53. Allis Chalm 68°37.. 16 Am AgriChem T%s 2 Am For Pwr 5s 2030146 AmIGChb5%s'49. 6 Am Int Cor 53 s *49 Am Metal %8s '34 Am T&T a'l%l‘l’ Am T&T 63 65 Am T&T el t Am T&T s £ 6 Am T&T 5% Am Water Wka Armour&Co 438’39 Armour, Del.5% Bell Tel Pa b8 (C) Bethlehm £t1 pm 5 Certn-Td 534 s rets. Chile Cop) Colon O1l 6 Col G&E] 5s.May' Com Invest Fit5-48 Con Coal_Md. Con Gas N ¥ f%a. . Consumers Pwr b, Cuban Am Sugar $s Det Edison 5s *40. . Det Edison Doda Dugquesne 435 '67. . East Cuba Sug T%# Fisk Rubber 8s. Gen Mot Ac Cor Pub Sve 634 St Cast 614 w49 Thea Eq 65 *40. Gen Thea Eq 6844, Goodrich 6%s. ..., Int] Mer Mar Intl Paper Intl Paper Intl Tel & Tel 438, Intl T&T 434scv.. Int] Tel&Tel 5 Kan City P & Lt G & E 68 52 ndall 5% s'48 Lautaro Nitrate Loew's. Inc. 8s. ... Loew's 63 w o war. Larillard 6% Lou Gas&E!l bs '63. Midvale Steel 5n Mon Pwr Montana Pwr ab Morris&Co 15té% Nat Dairy 8% Nat Radiator l%l Phillips Pet 6%4s. . Pilisbury F' M 6s'43 Por Ric Am Tob 6s. Postal Tel & C5% s High. 9N 98% 981 934 99 98% 100% 100% 100% 102% 102% 102% Sinelair Ofl 78 1031 103% 103% 00 100 Sinclair Crude % | Sinclalr P L 6: 88% 88% 105% 94U 103% 108% 13 108% 114% 1034 108 4% 9% 70 105% 9% 944 100% 100% 101 881 90% 911 83y 127w 98y 935 102% 101 102y 1024 82 98% 224 104y% 1131 100% 1041 104% 1044 104 103% 104 105 105 105 108% 103% 103% 7% 9% 9TH 2 4a 100% 100% 100% 2 106% 106% 106% 106% 105 105 101% 101% 101% 96% 96 96% 85 84% 85 100% 100% 100% 100% 100% 100% 922 1 92 54% 54w Bdy 92 91% 92 106% 1064 1064 103% 32 100 100 100% 100% 100% t B Sund OlL NJ Stand Oil. N Y.4% Sug Es Orient 7 ‘Tenn Cop 65 B ‘44. . Tenn E1 Pwr 68 *47. Tex Corp ev 5s"44.. Transcontl O1l 6%s United Drug 58 '83. U S Rub 1st rf U S Rubber 7% Utah Pwr&Lt 6 Utilities Pwr 6% Vertientes Sug 7 Walworth 6845 Warn Bros P Western Elec Westn Union Wilson & Co 1st Win RepeatAr 1%s 103 103 103 Youngstn S&T 6s.. 14 102 102 102 RAILROAD. Atchisonadjés.... 3 90% 90% 90% Atchison gen 4 94% 934 934 Atch deb 4%s ‘43, 22 133% 133% 133% 18 93% 93% 93% 14 100% 100% 100% 30 108 102% 103 3 104 104 104 4 103% 103% 108% 16 104% 104% 104% 1 109% 109% 109% 1108 103 108 B & O Toledo 4s. 1 86% 86'% 86% Bang&Aroos4s’51. 10 83 88 8% Boston & Main: 8 100% 100 100 Brdway&7th A 18 18% 18 18% 985 82% 23 96% 95% 95% 2 95% 95% 95% 9 102% 102% 102% 28 102% 102% 102% 16 110% 110% 110% 15 874 B86% 87 1 102% 102% 102% 3 102% 102% 102% 1 108% 108% 108% 1 104% 104% 104% 1 103% 1038% 103% 59 100% 100% 100% 5 97% 97% 97T% Ches&O4%sB'95 19 97% 97k 97T% Ches & Ohio con 4 103% 103% 103% CB&QIldivds... 11 93% 93% 93% CB&Q4%s'17TB.. 1 99% 97l 97% Chi&Elllgnbsbl. 5 76k 764 761 Chi Gr West 48°69. 307 72% 71% 72% Chi Ind & L ref bi 5 1021 102% 102% Chi M&StP 4%5'80 72 99% 99 99% ChiM{iIStP&P 6876, 12 89 88% 88y CMSP&Pac adj5s03 214 61 59% 59% Chi & NW gen s, Chi & NW con 4%s. Chicago Rwys bs. ChiRI&Pgnds.. ChiRI&PTrf 4s ChiRI&P4Ys... Chi T H ine 6s"60. . Buft R & Pitts 4 %8 Can Nat 4%s 54 Can Nat 438 57... Can Nat 63, July'ss. Can Nat 5s, Oct 69, Can Northern 78 1 90% 90% 90% 38 101% 101% 101% 1 82 82 82 1 91K 91K 91K 24 9T 9T 9TH 6 954 95w 95% 14 88y 88 88 2 104% 104% 104% 4 115 115 115 26 89% 89% 89% 1 104% 104% 104% 10 100% 100% 100% 8% 9RY 8%, 100 100 62% 64 Cuba Nor 538 rota. Del & Hud 1strf 48 41 9 1 104% 104% 104% 15 95W 954 4% U 9% 112% 112% 112% 54% 544 4w 8 105% 105% 105% 3 105% 105% 105% 2 96% 96% 96% 27 111% 111% 111% 15 29 9 29 Gr Trunk st deb Gt Northern 58 Great Nor gen 7s. Green B & W deb. 5 81% 80% 81 2 99 98% 99 1 95 95 95 1 928 9:5% 928 12 101 100% 101 6!% £9 92% 24 Int RysCAm6s... 8 RanCity Ft 8 City Sou Lake Shore 3 Lake Shore LehV gen 438 lonl L & N uni 4: L &N ¢%s2003. ManRy 1st 4390 51 50% 0% ket St 7 93% 93% 934 Mill El Ry&L § 12 100% 100% 1007% Minn & StL ref 4 5 14 14 14 Minn & StL cn s, 2 38 38 38 M StP&SSM con 3 89% 389% 89% M StP&SSM 6%s.. 22 101% 101% 101% MEK&Tex4s(B).. 2 87% 87% 8% M K&T prin ‘I(A) 7 103% 103 103% MK & Texad) 5s.. 3 105% 105% 105% Mo Pacific gen 25 8% 78 78% Mo Pacific 5s A "65. 9 100% 100% 100% Mo Pac6s F'77.... Mo Pac s G " . Mo Pac 6% '49 ov. Montreal Tr llB'lgA Nassau El14s°'51... NOTex&MbSsB.. 3 96% 96% 964 NYT&Mb%s 2 101% 101% 1013 NYCengendls.. 2 801 80 80% NYCendebds.... 20 98% 951 98l NYCenrfimdéle. 2 99 99 99 N Y Cen ref 6: 8 107% 107 107% N Y Cen deb 6s. 3106 106 106 NYC&StLds.... 3 96% 06% 06% NYC&StL4%sC. 6 96% 96% 964 YC&StLE%sA 6 1074 107% 107% CCa&sStLés31.. 1 101% 101% 101% ¥ NH&H 1 864 8B4 854 15 961% 961 961 2 101% 101% 101% 5 80% 80% 80% 4 12 15 98% 98% 98% 2 8 52% b52% b52% s 26 106% 105% 106% 9 55% 655 56 5 64 64 64 88% 884 931 9814 66% 65% . 9 91 90% 90% 6 114 113% 113% 5 91% 91 [ 29 95% 96% 96% NYW&B4% Norf & Wn con Nor Pacific 3u 2027, Nor Pacific 4s. Nor Pacifie ref Ore Wash 1st ¢ Penna 4348 1970, forts to Increase For- eign Business. BY J. C. ROYLE, American manufacturers of automo- biles are“showing strong efforts to.ad- vance export of cars, according to re- ports received by Government, & agencies today It appears unlikely at present that the dollar value of automobiles will reach $540,000,000, which- wes the approximate value of cars exporiid in 1929. The falling off of !olel'n d!mund has not been specially heavy, but seems due to the depression abroad which fol. lowed the slump of last Fall in this country. The figures for the year so far do not show how many cars were shipped in the form of parts for assembling abroad, The trend toward operation of factories by American corporations in the foreign countries is growing, according to Fed. eral officials, and is true of ma- chinery and other manufactured prod- ucts as well as automobiles. Labor is cheaper in the foreign nations and Amenun machinery and methods are used Wage Scales. Labor employed in the foreign branches of American cofporations competes only with a part of labor in America which produces goods for exe port, according to W. W. Husband, As« sistant Secretary of Labor. He added that goods produced by this labor werq not likely to come back into the United States to compete with products pro- duced by highly paid workers in this country. In some instances factories owned by American firms in foreign countries pay the same wage scale as here. It is main« tained by some authorities that even with the high rate of wages, workmen highly trained and highly paid can turn out products at a lower price by means of mass production than is possibl4 abroad even with wages far lower. Manufacturers are taking far m pains now, it is sald by departmen mmmm- to fulfill the pre: erencu foreign buyers in the matter o designs lnd color and unholste Georn F. Viault of the Automotive Dis vision of the Department of Commerog folnu out that foreign makers are make ng every effort to capture the trade in their own countries and are followin their local trends closely and are taking the business that formerly went American concerns, except in the casf of those who are pcylnl strict attens tion to those tren nuhlnm Exports. One such trend s the demand in countries which have cars with righte h.nnu dxlve In some countries, accordy i Mr. Viault, the importation of left-hand-drive cars is prohibited. An« other trend noted is a constant decreasq in tM of solid tires on trucks. h!nery exports are holding up res mnnhly well and foreign demand f foodstuffs, u'pechlly wheat, is ex] to increase, because of the unfavorably crop gnfllflbfll existing in some foreign Some merchants are advocating in« creased tourist traffic abroad on thy part of Americans, saying that much of the money spent by travelers comes back td this country in payment foi American exports. (Copyright. 1930.) Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., May 29.—Pouls v.ry, -nn—chukem. 'springers, pound Leghorns, 24a32; old roosf ; old hens, 26; !.qlwms 17222 Spring ducks, 20a22; l’uiml (owh each, 50a75; pigeons, pair, 25 Eggs—Receipts, 2,630 cases n arby firsts, 22; hennery wmm‘ firsts, 23. Butter—Good _to fancy creame: pound, 33a35; ladles, 24a25; rolls, 24a28; Pprocess, 29a30; store packed, 20, Hay and Grain Prices. lfluz—flo 2 red Winter, new, 4. !ny—lleeelpu none‘ The gen TeCkipis mosty By racks et ok rece] ‘most amj for the demand, which is limited D le not enough hay is arriving on which to uublhh values by grades of carload lots, the better grades of time othy and clover mixed are in fair de« mnu-z.nngeaaooowuoon Live Stock Market. Cattle—Receipts, 75 head; light sup« my. market_steady. teers—Choice to prime, none: good to cholee 11.00 to 11.50; medium ta good, 10.85 to 11.00; fair to medium, 7.75 to 10.50; plain to fair, 7.75 to IHOI common to plain, 7.75 to 8.75. Bulls—Choice to prime, none; "?.1 to choice, none; medium to to 8.50; fair to medium, 7.25 to 8.00; plain to fair, 6.50 to 7.25; common ta pllln 8.00 to 6.50. Cows—Choice to prime, none; good to choice, none; medium to good, 7.0 to 8.00; fair to medium, 6.50 to 7.00; plain to fair, 500 to 6.00; common te plain, 4.00 to 5.00. Helfers—Choice to prime, none; xogg 9. to medium, 800 w 9.00; 0': fholce. none. medium to goo pmn to 0‘17-1!. 100 to 8.00; common ta i mah cows and Springers, 50.00 to cnveo-necetw 25 head; Ilcht mp- p]y. mlrkez lower. Oo.lvu, wbut;er?one-wund prints, 3715a38; Hennuy, 21a23; current re- gfln!.‘-e e, 2be30! Leghorn l’owll. 24a25; ceipts, Poultry, 38a40; mnu fowls, 23a2 ducks, 15al . 15; caj 35a37; small, small, 30a33. 5 100% 100 100 7 99% 99% 991 4 100% 100% 100% 1 103% 103% 103% 1 109% 109% 109% 1 97% 9T% 974 6 109% 109% 109% 1100 100 100 1 99% 09% 99% 5 105% 105 105 6 99% 09 991 1 924 924 924 13 98% 98N 9s% 5 100% 100% 100% 8 uBK Y8 98 2 0% 90% 90% 26 93% 93 6 102% 102 5 99 9 9 2 100% 100% 100% 2 9% 97!‘ 9% 106 Penna con ¢ %s Penna gen 4348 Port RL & P 55 '30. Port R L s ‘47 Port RL&P 7%’ Reading gen ¢% A. Reading J C 45 61.. RIArk& L ¢%e... StLIM&SSEs... StL IM&S R&G ¢ 2. StP & KC ShL (%8, StP Un Dep §: Seaboard AL Seabd AL ad] 14 | 3eaboard AL en 6, Tex Atk % o'l 6% Texas& a ist... 1 92% 92y l!“ 3 93% 98 93% T 96% 96% 961 9 9 29 5 90 1109 109 109 6 117% 117 117 2 124 128% 128% 8 4% 94% 1105 106 106 5 109% 109% 109% l(el'-l fresh kuled—!cel 20a2: 20a22; lambs, 23a: lolnl‘ Ao lhmlld smoked shoulders, 23; in packages, 13; in “stock—Calves, 8al1; Bpring lamb, 10a11. Prults—Oranges, _California, 7508 9.25; pineapples, 3.75a4.25; lemons, 7.00 a7.50; watermelons, 85a1.00; canta- e pk‘i‘bzr.'l‘nd 8.00; glukbem':i 7501 uckleberries, ; blacl 7803 .00 per bushel. Venublu—-l’eu 00; string b 75’ per basket: caoun 1.00a3.00; beets, 4adls per buneh h?m 1.00 per dozen bunch bneu, 125 a basket; corn, 00 a hnn High, Low. Close. Tex & Pac6sC'19. l 102! Third Ave ref 42’60 41 52 'y ‘2& Third Avead) 2% 27 B2. 1 4B 45w Ulstr&Del 68’28 sta 2 77% 77% Union Pac 1st 48 4 954 95 V|I’l1l|l Ry 1st 3 108% 105% Pwr 10! 101