Evening Star Newspaper, May 19, 1931, Page 15

FINANCIAL. " GURB PRICES TURN (DOWN AFTER RALLY Losses Continue Monday :Trend in Spite of Slight Improvement. BY JOHN A. CRONE. Special Dispatch to The Star, NEW YORK, May 19.—Weak at the start, the Curb Exchange today moved to lower levels during the first hour, rallied slightly, and then resumed its down: nd, ward trend. Active market leaders, such as Elec- | Citles Service, United Oil, Imperial Oil of Canada and Swift Iniernational, early broke into 4 new low territory for the year or longer. Scores of stocks in all sections of the list weakened early in the session, resuming the trend of Monday's close, *when curb stocks reached their lowest average levels in three years. Upholding of the Indiana State chain o store tax by the United States Su- " preme Court was felt as a market in- fluence :n the first hour today, when Great Atlantic & Pacific Tea common on sales amounting to only 90 shares fell 14 points. Oils were leaders of the decline, with Humble Oll, Standard Oil of Ohio, Vacuum Oil, Imperial Oil of Canada, Cities Service, and Gulf Oil promptly falling into new low ground. Chese- brough Manufacturing and other higher priced petroleums were equally heavy. Standard Oil of Kentucky for a time moved against the general trend. Although further Canadian dispatches fold of the formation of a large pool there to support Dominion stocks, such buying, or intended buying, has not yet influenced that class of stocks here. o+ With the exception of Brazilian Trac- tion, which moved up as most utilities declined, Canadian shares treal Light, Heat & Power drop) [ ?:mu to & new 1931 low. Imperial Ofl, ternational Petrol ats; Hudson Bay Mining and simi- securities softened. (Copyright, 1931.) z MONEY MARKET. NEW \;?,RK, May lfl‘;lP:i:Cl]l money steady; 115 cent Y. ‘Time lour!suuiy; 60 days, 1-1%% 3-4 months, 1%-2; 5-6 months, 15-1% per cent. Prime commercial paper 2-21¢. Bank- ers’ acceptances easy; 30 days. 1%; 60-90 y d8ys 1%; 4 months 1'3-1; 5-6 months | %14, METAL MARKET. NEW YORK, May 19 (#)—Copper ‘w‘ electrolytic, spot and future, "CHICAGO STOCK MARKET By the Associated Press. CHICAGO, May 19.—Following is the MEM official list of transactions in on the Chicago Stock Exchange y: 55 B8 00w SEE FEESTTS gt - U €| FESFEITE A 28! A ;::n ; weBna 3 sEatuase LEEE T g 2 28, g:;; 4, it B3 =t 5! 9995 PR SR & 28.,8855588, FERR RS L 2., 5 g 2 L 228,33 ) [ ! gesds i HH ¥ B R 8 ? tht TR 99422 29999 gES 5z 79! %) zggssgssisa : 38! 83 25383 3 S e 2RISR LINBRRE. s B e g 50 Jeflerson 30 Eell 110 Een? : 7 Ut I oum ol eystone 50 Tishs-Senel 430 Lincoln Print 50 Lincoin Pte pf. 1 Ref 100 Mid West 29400 Mid West id W Ut d W Ut idland Nat G jdland United ..... diand Unit pf . i A o ¥BaBulET LS FF WIS T e, 2588 3-g5aR0 = Fertr i =L T B i Yacgei¥assBedonils e geREpER 25502 RN R igiu%imig;sf :?E» RO 8= i Fede W N S oS, S i u=§:=!=~==..u§!=u- s8asat 2 s Rl TFEF Buwl 4 an NEW YORK CURB MARKET Stock ana ? Dividend Rate. 7 Itallan Superp war, 2 Klein (H)ptpf..... 5 Kielnert(1B) Rubber, Kolster-Br (Am Sh)., Lackawanna Sec (4)., Leh Coal & Nav 1.20. Leonard O11 ) Libby McX . Lily Tulip Cup (1% Lion Of] & Refining. . Lone Star Gas n 88e. Note—All stocks are sold in one hundred-share those ted by the letter s (80s) (250s) " e o 1d in odd lota. exoe, ‘which shows those stocks were sol ~Prev. 1931~ Stock and Sl Hieh. ‘Low. Dividend Rate. 2215 11% Af)iated Prod 1. 5 Acfa Ansco... -« 4 % Ainsworth Mfg (1).. 1 Aluminum Co of Am 525 13 Alu Co of Am pf (6). 1 10! Alum Goods (1.20).. 1 Alum Ltd A war 1 Am Austin Car 1 Am British & Cont.., 1 Am Br B fd shars. 2 Am Capital B. fmecl Am Cigar Co. .......3008 AmCit PELBb10%. 9 Am Com P A (b10%) 26 Am Cyanamid B Am [nvest war. Am Laundry Mach 2 Am Lt & Trac (2%). Am Manufactur (4). Am Maracaibo...... Am Superpcw (40c). Am Thread pf (25¢). Am Ut{l&Gen (B)vte Am Yvette Co (25¢). Anchor PF (b10%). Anglo Chil Nitrate. . Appalachian G Arcturus Rad Arkans Nat Gas A B = Fi -1 AssocG& Epf (5).. Assoc Rayon pf (6). Assoc Tel Ut (b8%). Atlas Util Corp Axton Fish To A 3.20 Bahia Corp. ‘ ‘Beneficial I Bickford’s Inc (1.20 Bliss Co (EW) (n1).. dlue Ridge Corp. ..., Blue Ridge cv pfas.. Bourjols Inc. . BrasTr & Lt (b8%). Buft N&EP pf (1.60). Burco Incev pf (3).. Cable & Wire B rcts Canada Marconl.. o e BB DR A R Celanese Cp pf (7) Cent Pub Sv Del. . Cent Pub SvcA b10% Cent Stat El (b10%). Cent St El pf xw (8). CentStEcypfnaf.. Centrifug Pipe (60c) Chain Stores Stock. . Charis Corp (13).... Chat Ph Aln.v (1).. Chesebor Mg (14%) Citles Service (g30c) Citles Serv pf (6). .. 4 City Mach&Tool 80c. Clauds Neon Lts, Inc Cley El Illum (1.60) . lev Tractor (80c).. Cohn & Rosen Inc... Col Of] & Gas vte. ... Col Pict vte (f13%).. Cmwlith Edison (8). 189s Cmwlth & Sou war.. 16 Com Wat Ser g12%¢ 9 Comstock Tunnel 1 Consol Copper. Consol Dairy Prod Con Gas Balto (3. Cont Shares conv pf.125s Cont Shares pf (B)..125s Contl G&E pr pf (7). 258 Cooper Bess pf A(3). 2 Cord COorp...... Corp Sec Ch (h6% " > NUR OO Bt 74 1 Creole Petroleum. .. Cresson Consol (4c).. Crocker Wheeler.... Curtiss Wright war, Darby Petroleum. Dayton Air & Eng. Deere & Co (1.30) . De Forest Radfo. ... Derby Ol Refining. Detroit Alrcraft Cp. Douglas Alr (t1%).. Driver Harris new. . Dres (SR)A cod(3%) Dubflier Cond & Rad. Duquesne Gas Corp. . Durant Motors...... East G & F As pt (6) East St Pow B (1) - . = Eai East Util Assoc cv. .- Eisler Electric Corp. Elec Bond & Sh (b6) . Elec B & Shpf (§) Elec Pow Assoc (1)., Elec Pow Asso A (1) Emp G & F cu pf (8). Empire Pub Sve (A). Europ Elec deb rts. . Evans Wallow Lead. Fansteel Products. . Fiat rets (94%c) . Flintkote Co A. Ford Mo of Fr(p23c) Ford M Can A (1.20) Ford Mot Can B 1.20. % Ford Mot Ltd 36 3-50 Foremost Dairy Pr. Foremost Fabrics. Foundation For Shs. Fax Theater Cl A.... Gen Alloys. . Gen Aviation. Gen Cable war...... Gen Elec Ltd (p70¢). Gen Empire Cor (1). Gen G&E cv pf B (6) 150s The Eq cv pf(3). 83 Jeorgia Pow pf (6).. 1 Gleaner Comb Harv.. 1 Glen Alden Coal (4).. 3 Globe Underwr(15t ). 4 Gold Seal Elec new.. Golden Center. . Golden State Milk Goldman Sach T C.. Gorham Inc pf (3).. Graymur Corp (1).. Gt At&Pac Tea nv(6)150s GrtA&PTpf (7T).. 708 Groce Strs Prod vie. . 1 Guardian Invest Guenther Law (1) GuitOflof Patl%). Hand P p pf(p25c) .. % Happiness Candy... Hecla Mining (40c). Hollinger Gold(65c). Hudson Bav M &S .. Humble Oil (12%).. Hygrade Food Prod. 111l Pow & Lt pf (6).. imp Ofl of Can (50¢) % Ind Ter Iliu Of1 A... Insull Inv (b6%). ... Insurance Sec (70¢). Intercontinent Pet n. Int Hydroevpf 3% Int Petroleum (1) Int Products. . Int Superp (11.10). Int Utilities A (3%). Int Utilities B. . Interstate Equities. Irving Alr Chute (1) Lialian Suvervow A. o a SN HANNE NRWAIBENBONN ADAA T o - S «2 Bl anrmn mReom R les— Add 00. Open. High. 4 18% 18% 2 8 1% 8 THE EVENING STAR, WASHINGTON, 108 ~Prev. 1931~ De High. Low. 31 Low. Close. 18 [ 12 12 8 8 1335 131 108 108 14% 144 28% 2814 L 1% 415 Y% 2914 200 15 10 18% 45 15 Long Is any 65 13% ™ Memph Mercantile Strs (1).. Mid St Pet vtc Mid St Pet vte Miss Ri Nat Am, Nordon Pub U] St R Schulte Sherw. 4 Sunray { 3 Margay. : % Mass Utll Assoc. 2 Mavis Bottling (A).. (4 & 915 May Rad & Telev(1). Mead Johnson (14) .. Midland Unit (b6 Mid W St Ut (1%)..1 Mo-Kan Pipe L (A). Ma-KKan Pipe L (B). Mont Lt H& T (1%) Moody's 1S pt pf (3) Mountain Prod (1).. Mount St Pow pf (7) Nat Aviation. Nat Bd & S Co» Nat CC A pf (165¢).; 1% NatDPrpfA (7)... Nat Family Stores. ., Nat Food Prod A Nat Food Prod B Nat Fuel Gas (1) Nat Inv Nat Service Co. . 4 Nat S T Sec A (350¢) Nat Transit (1).. Newberry (1J) 1.10.. New Bragl Oil (28c).. 4 New Eng Fow pf (6) New Eng T& T (8)..1008 New JersZinc (13).. 4 New Mex & Ar Land. 4 Newmont Min (4). N Y Steam n (2.60) N Y Tel pf (6%). N Y Transit (1). Niag-Hud Pow (40c] Niag-Hud Pow A w.. Niag-Hud Pow B w.. Niles-Bem-Pond (2) Nor Central Texas. .. Nor & So Am Corp A. Nor Europ 0il Corp... N W Engineer (2)... Northw Novadel Agene (4).. Ohlo Ol n cu pf (6)., Ohio Pow pt (6). Outboard Motor B... PacG&E1stpf1%. Pac Pub Sve A(1.30). Pan Am Afrways.... Pandem Ol Parke Aus & Parker Rust Pr (3). Pennroad Corp (20¢) Peop L& P A (2.40).. Phoenix Secur Corp.. Phoenix S Cpf (3)... Pilot Rad Tube A.... Pitney B P n (20¢). . Pittsbgh&L E(110).. Plymouth Ol (1).... Producers Roy Corp. Prudential Invest. Pub Util Hold wa Pub Ut Hold cu pf(3) Pyrene Mfg (80¢c). .. Railroad Shares(40c) Itainbow Lum PrA.. Rainbow Lum Pr B.. Reiter-Foster Reliance Int A. Relfance Int Cor B Reliance Manag. Reybarn Co. Rossia Int Corp. rold Co (4) Salt Creek Pro(1.40). Schiff (The Co (2)... 4 Seaboard Utll (50c).. Secu Corp Gen (40¢) . Seg Lock & H (50c) .. Selected Industri S1.1Ind tull pd (5 Sle Ind prior (5% ) Sentry Safety Cont.. Shenandoah Corp. ... Shen Corp pf (a3)... Silica Gel ctf: Singer Mfg (112%).. 3¢ # So Am Goid & Plat. . South Penn O11 (1). . SoCalEdpfA (1%). SouthCEdpfB1%. South Col Pwr A (2). South Corp. SouthernNat Gas.... 2 Southld Royalty 60c. 5 Spanish& Genrcts.. 1 Spleg May Stern pf..200s Stand Invest cum pf. 50s Received by Private Wire Direct ta The Star Office Bales— Add 00. Open. High. Low. Close. 1% 1% 1% 1% 2 2 B4 1 3214 20% [ 10% 21 % 161 3% 5 4y 2% 10 - » land Lt (60c) N G Co (60c) o v Fuel bdrts. > B L T N N~ - N S T e erican Co. estors. .. 82 108 Corp Ltd.... s Yeast Co 12) e E PUPTOTIDG - T30 - O T P Y o e T i e e T » o 1 Hold Cp xw Paper (1) o » Real Estate. - Wil pt (6).. ws 08 13 10 ( Stand Ol of Ky 1.60.. Stand Oil, Ohto (23%) 1008 4 ¢ 43% | Stand P&L (B) (2). 4 Stand P& L pf (7)..; 50s Starrett Corp......a 3 Starrett Corp pf (3).. Stein Cosmetic Stutz Motor Car. O1l (b5% ). Swift Internat (3). ., Syracuse W Mach B. Taggart Corporation. Technicolor, lnc. Teck Hugh (60).+ Tob Prod Exp (10¢).. Tran Con Air Tran. ., % Trans Lux DL P 8. Tri-Cont Corp war. .. Tubize Cantillon (B) Ungerieider Fin Cp.. Union Am Invest. .., Union O11 Assoc (2). Un Tobacco. .. Unit Corp war.... Unit Founder Unit Gas Corp. Unit Gas war Unit Gas pf (7). Unit Lt &Pwr A (1). Unit Ltk Pwr ot (6). Unit Shoe Mach (2% U S Dai ry (A) (5)... U 8 Klec Power ww., U S Elec Pwr war. U S Foll (B) (50c) U 8 Inter Sec 1st pf United States Stores. Unit Stores. ... Unit Verde Ext Utah Apex. Bl Uti] PRLt(a11.023). Ut P&L B(at1.02%). Utllity Equities. .... Util Equity pf (5%). 50s Vacuum 011 (2). Walgreen Co. . - 20y % 2 6% 6l Dividend Walker Wayne 2% 10% 3% CHICAGO LIVE STOCK MARKET | vealers, CHICAGO, May 19 .(#).—Hogs, 17,- (900 pounds, 000 head, including 2,000 direct; fairly active mostly to shippers and small killers; steady to 10 higher than Mon- day's average; top, 7.00; bulk, desirable, 160-220 pounds, 6.80a6.90; few, 230- 270 pounds, 6.40a6.80; packing sows, strong; bulk, better kinds, 5.40a5.65; %% | pigs weak: few strong weights, 6.7520.90: light lght, good and choice, 140-160 weight, packing sow 500 pounds, 5.2585.85; slaughter pigs, | 50: |=q'%d and choice, 106-130 pounds, Cattle, 5000 head; calves, | to shade lower. ped lambs, 8.2588.50, scaling 90-102. steers, good and choice, 600~ 7:2529.00; pounds, 7.25a9.00; 1,100-1,300 pounds, 17.26a9.00; 1,300-1,500 pounds, 7.00a9.00; common and medium, 600-1,: 5.5087.50. i Helfers, good and choice, goundl, 6.75a8.25; common and medium, .2586.75. Cows, good and cholce, 5.00; 6.00; common and medium, 4.3585.00; low cutter and cutter, 3.00a4.35. Bu lz:.rllnn excluded), good and choice (beef), 4.00a5.2i cutter to medium, 3.2524.35. Vealers (milk fed), good and choice, 8.0029.50; medium, 7.00a8.00; cull and common, 5.00a7.00. Stocker and feeder cattle: Stcers, good an: choice, 500-1,050 pcunds, common and medium, 5.25a7.00, Sheep—Receipis, 11,000 head: steady Good and choize clip- pounds; best held arcund 9.00, Wool- skins scarce; few native Springers 10.00a11.00. Lambs, 90 pounds down, ;3‘ choice, 8.00a8.85; medium, 91-100 pounds, medi: 588.75; lYlowellhu. eo:n':n = Ewes, 90-150 pounds, me- .00a3.25; " all weights, us 10% in s in stock. Paid last year 900-1,100 | 550-850 | Ro: 7.0028.00; | 10 (H) (50¢) ... Watson (J W) Co. Pump. Wil-Low Cafaterias. ed_on iast quatterly or sei Partly extra. tPius et tock. N0 regular rate. - £ FOREIGN EXCHANGE. | (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selfing checks value. % London, pound 34e5 Parls, franc. Brussels, beil Berlin, mark lira , pensc ‘ague, érown (nom. Warsaw, zloty. Copenhagen, ~ ¢ |Oslo. erown.... Stockholm, crown. TREASURY CERTIFICATES. (Reported by J. & W, Beligs e KA NIy, June 15, 1 ne 15 . 13 1031 BAR SILVER QUOTATIONS. NEW- YORK; May 19 (#)—Bar sil- ver, 27%, & decline, of %. 4 B T, FAITH DISPLAYED IN INVESTMENTS Increase in Stockholders Held to Show Belief in U. S. Industry. Special Dispatch to The Star. CLEVELAND, May 19.—Increase in the number of stockholders in large corporations during 1930 is cited by Allard Smith, executive vice president of the Union Trust Co., as evidence that, despite a year of disheartenment and depression, the American investor has not lost faith in the soundness of American industry. Mr. Smith gives figures showing that in 100 corporations stockholders in- creased from 5264936 at the end of 1929 to 6,133,319 at the close of 1930, a gain of about 16 per cent, and de- clares that they indicate a probable splitting up of holdings as well as & realization on_ the part of business of the safety which lies in widespread stock ownership. Writing in the May issue of the Clevelander, published by the . Cleveland Chamber of Commerce, e says: “If the year has resulted in dividing the capital stock of the corporations among a considerably l-rger number of people, it may be concluded that busi- ness as a whole is in more satisfactory position than ever before to go forward when the wrinkles ‘are all pressed out of the economic fabric, because of the wider foundation on which business ownership will stand.” Mr. Smith believes that the increase in stockholders not only exemplifies the confidence of investors in the sound- ness of industrial investment, but also shows that a fairly quick return to more satisfactory conditions is expected by the investing public generally. “It is not enough to say that the investor has been widening his inter- est in industry because of his belief in the basic soundness of the country and its affairs—a belief that the country * | will come back to & general condition of prosperity, because it always has,” he declares. “Time of necessity is a factor in the public attitude. If the investor 1‘ did not feel confident of a return of prosperity within a reasonable time, he would be content to delay his purchases of securities in the belief that he might buy later at even lower prices than those which have prevailed.” CHASE NATIONAL CUTS INTEREST ON SAVINGS World's Largest Bank Will Pay 2 Per Cent Annually Hereafter, By the Associated Press. NEW YORK, May 19.—The world's largest bank, Chase National of New York, anounced today that, effective June 1, it would reduce the interest paid on compound interest, or savings, accounts to 2 per cent annually from the present rate of 3 per cent, com- pounded monthly. This step followed yesterday's an- nouncement that New York clearing house banks were reducing rates al- lowed on commercial and bank deposits by one-half of 1 per cent to the lowest levels on record, and was regarded as part of the campaign to deflect surplus funds from banks which already find it difficult to employ money at gurrent low interest rates. Mutual savings banks in New York “ | City are now paying from 4 to 45 .per fcent. The rise in savings deposits in New York State so far this year has ‘b;elx; 310"‘" than the increase for all of : New York Cotton NEW YORK, May 19 (#).—A further decline of 8 or 10 points in cotton here early today under a continuance of yesterday's celling, was followed by ral- lies on trade buying and covering. These were promoted by reports of a steadier tone in the stock market after an early break and reports of Tains or showers in Central and Western belt sections, but the weather was not un- favorable enough to stimulate any general buying, and the fallure of the stock' market to hold its ralies led to a little more selling of cotton during the early afternoon. July contracts | after declining to 9.10, rallied to 9.29 | and were ruling around 9.19 at 2 o'clock when the general list was about 2 points % | higher to 6 points under yesterday's closing quotations, CHICAGO, May 19 (#).—Unfavorable weather conditions in the Spring crop belt both sides of the Canadian bound- ary checked sellers in the wheat market 7 points in the prairie provinces of Canada received as much as )¢ inch of moisture. Frost predictions for the Dakotas . and Nebraska tonight were also bullish, especially as wheat "had declined, almost 6 cents a bushel since last Wednesday. WHEAT— May, old May, ne; Juy’ ...l September Decembe: STOCKS EX-DIVIDEND. NEW YORK, May 19 (#).— Pe- Company. Rate. riod P T s pi. 5c hi Rapid Transit pr' pf A..85¢ > nr i frer s o a0 008 Collins & Afkman Corp p1.¥1.75 Solumbia, Pict 8 ise Crum & Forsier Ins Shrs & Walker Di . 2B Fltzslmbr Gonnell B & Dk Se Muskegon' Motor :50¢ skosee Co €% b -31.50 Ogilvie Flour Mills L1 Bpecial Dispatch to The Star, _ BALTIMORE, May 19— Sales. 8TOCKS. 100'Arundel Corporaiion ... 16 Atlantic Coast Line Coun. 730 Baltimore Trust ‘Co 350 Black & Decker com: %G & P Telephone Balto pid 2 Conrolidated Gas 5 5 Equitable Trust Co St 5 Emerson Bromo-Selizer X 'coin. | 80 Western Maryland Dairy 4000 United Ry & Bt iboome 4seee today, and led to price upturns. Only | B TUESDAY, MAY 19, 1931. STOCK AND BOND. AVERAGES By the Assoeiated Press. A UESDAY, MAY 19. 1415 BONDS. 10 Industrials, Year ago. Two years ago. Three years ago. High, 1931.. Low, 1931. High, 1930 Low, 1930. ... High, 1929, Low, 1929. Washington Produce Butter—One-pound prints, 29; tub, 28. Eggs — Hennery, 17a18; current re- ceipts, 16al17. Poultry, alive—Turkeys, hens, 24a25; | toms, 20a22; Spring broilers, 36a38 Leghorns, broilers, 28a33; hens, 22a23; Leghorns, 16; roosters, 12al4; ducks, 15; keats, young, 75a80; old, 40. Dressed —Spring broilers, 42a43; hens, 25a26; Leghorns, 18; roosters, 16; keats, young, 70a80; old, 5¢. Meats—Beef, 12a13;; veal, 12a14; lamb, 20a22; pork loins, 19; fresh hams, 19; fresh shoulders, 14; smoked hams, 20; smoked shoulders, 1215; nmr bacon, 23; lard, in packages, 12; in bulk, 11. Live stock—Hogs, heavy, 6.25a7.00; medium and light, 7.00a7.35; pigs, 7.00 a7.25; loughs, 3.5085.00; calves, 5.00a 8.00; Spring lambs, 8.00 all. Fruits — Cantaloupes, jumbos, 5.50; standards, 5.00;- ponys, 4.00; strawberries, 2.50a4.00; pineap- ples, 3.50a4.00; apples, box stock, 2.50 22.75; pushel baskets, 2.50a i oranges, California, 3.5024.00; Florida, 3.5024.25; lemons, 5.50; bananas, 1.00a2.50; pears, per 100, 3.00; honeydews, 3.00a3.50; cherries, 2.25a8.50; bananas, 1.75a2.25, Vegetables—Potatoes, new, per barrel, 4.0004.50; old, 120-pound sacks, 2.60a 2.75; Idaho bakers, 100-pound saeks, sweets, 1.75a2.00; cabbage, 75a as, 1.50a1.75; string beans, 1.00a 3.00; beets, per crate, 3.00; carrots, per crate, 3.00; kale, 40a50; spinach, 40a50; turnip salad, 25; Spring onions, per 100 bunches, 2.00; radishes, per 100 bunches, 1.00; parsley, 1.50; lettuce, Iceberg, 3.00 a3.50; asparagus, per dozen .bunches, 1.00a3.00; peppers, 2.50a4.50; cauliflower, 2.5083.00; Summer squash, 2.50a3.00; tomatoes, Florida, 3-pan containers, 1.5023.00; Mexican, lugs, 4.00a4.50, HARVESTER FIRM TELLS By the Associated Press. CHICAGO, May * 19.—International Harvester Co. officlals, commenting to- day on an increase from $2,000,000. to $15,000,000 in the authorized capitali- zation of its export corporation, a Delaware corporation, issued the fol- lowing statement: “Authority’ to increase the capitali- zation of International Harvester Ex- port Corporation is being obtained for the purpose of reshaping its capital structure. No new investmenti is volved at this time,” but only a con- wversion of a larger portion of cxisting investment into capital ahores as dis- tinguished from loans.” . INVESTMENT TRUSTS NEW YORK, May 19 (#)—Over-the- counter market: ABC Tr Shrs Serles D. B ABC Tr Shrs Series E All "Am_Investors Bhrs m Corp. Asked. 3 8% 1% 3 12y Founders conv pf ctfs Chelsea - Exchange Cumulative Ti quities Investors Corp com Equities tnvestors Corp unii Incorporated Investors Eqult Insurance Shar & Gen Man Cor Int Secur Corp Am'A.......... Investors Trustee Shares.. kson & curtis Invest Assoc! eaders of Leaders of Leaders of T Pow Priced Major_Corp Mohawk. Muty Mutual Man: Nation Wide National Indubt al Tr cut Old Colony Invest Triist. Old Colony_Trust Assoc Qil Shares Inc units, ... Petrolenm Trad A. . 1. Fower & Rail Trustec Shfi.. ‘Sec! ecte ‘A Shares gelected Ahcome s of ‘Amer. . tandard _OIl Shrs B 'd Am Bk Sh.... NYC o Tristes Trustee id A s, td 33 bt OF INCREASE IN CAPITAL | Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md, May 19.—Pota- | toes, white, 100 pounds, 1.25a1.85, new | potatoes, barrel, 2.50a4.00; sweet pota- | toes, barrel, 2.0024.50; ysms, barrel, |3.50a4.50; beans, bushel, 1.26a2.25; as- | paregus, per dozen, 1.50a3.00; beets, crate, 1.25a2.25; cabbage, bushel, 60a 1.10;* carrots, bushel, 60a75; caulifiower, | crate, 2.25a2.50; celery, ; eggplants, crate, 2.00a5.00; 10a30; lettuce, hamper, beans, 3.50a6.00; peppers, crate, 1.00a 4.00; Spring ‘onions, per- 100, 50a1.00; spinach, bushel, 12%a30; rhubarb, per 100, 2.0024.00; tomatoes, crate, 1.00a 3.50; apples, bushel, 75a2.50; per box, 1.75a2.5 grapefruit, box, 1.50a3.00; :5"" 2.5084.25; strawberries, Dairy Market. Poultry, alive—Chickens, young, 25a 38; old hens, 21a23; Leghorns, 17a18; roosters, 14al15; bucks, 15a25; guinea fowl, each, 50a75; , pair, 30a35, Eggs—Receipts, 786 cases; nearby firsts, dozen, 17; current receipts, 1615. Butter—Good to fancy, creamery, pound, 231,a26; ladles, 10a20; rolls, 18al17; process, 21a22; store packed, 14. Hay and Grain. ‘Wheat—No. 2 ted Winter, export, Y%: No. 2 red Winter, garlicky, spot, 833 May, 83%. Corn—No. 2 domestic, yellow, 72a73; cob, 3.75a4.00. * Oats—White, No, 2, 38; No. 3, 37. Rye—Nearby, 50a55. Hay—Receipts, none. While receipts of hay are ample for all requirements, there is no surplus of heavy clover mixed being offered. Such grades will bring & premium of $1 to $3 per ‘ton, dependmw twoum ol"rwn dover‘“. Tan, to $26 per ton. . "= ? Straw—Wheat straw, No. 1, per 3 12.00213.00. Oat straw, No. 1, per‘ton, 12.0013.00. o Live Stock Market. cmb—-mulru, 50 head; light sup- | ply; market dull. Steers—Choice to prime, none;. good | to_choice, 8.0028.50; medium to g,ood 7.00a7.50; fair to medium, 6.25a7.00; plain to fair, 5.50a6.00; common to plain, 5.0025.50. Bulls—Good to prime, none; good to choice, none; medium to good, .5.00a 5.50; fair to medium, 4.5086.00; plain to fair, 4.00a4.50; common: to plain, 3.50a4.00. Cows—Choice to: prime, none; to_choice, 5.00a5.50; medium to good, 4.50a5. fair to medium, 3.5084.50; plain to: fair, 3.00a3.50; common to plain, 2.00a3.00. Heifel to prime, none; good to choice, none; medium to 758 .75; plain 7.25; fair to medium, 6. to fair, 5.25a6.50; common to plain, 4.50a5.25. 'lol(;rog'.h Cows and Springers, 30.00a Sheep and lambs—Receipts, 100 Sheep head; light supply; market steady; shieep, 1.5083.50; Spring lambs, 8.008 Hogs—Receipts, 500 head; light lu‘g- ply. market lower; ht, 7.40a7.65; heavies, 6.75a7.45; um, 7.40a7.65; roughs, 4.50a5.80; light pigs, 7.25a7.50; pigs, 7.40a7.65. Calves—Receipts, 50 head, light sup- ply, market steady; calves, 4.00a8.50. NEW YORK BANK STOCKS NEW YORK, May 19 (#)— America . Bank of U. hase . Chat. Phenix City ... Commerei Fifth Avenu First National N. ¥. Harriman .. Manhattan ' Go. s, SEESE Y. & T Brooklyn Trust. Cent Hanover Chelsea Bank & Chem Bank & Trust Continental ... Corn Exchange g Irving . Manufacturs Bolee 2 Westchester Title & Tr.. 85558 'S'z:i': = DIVIDENDS DECLARED NEW YORK, May 19 (#).— Extra, s T, Rate.riod. able. B¢ v Jui .81 . REDUCED. Ex) ...38%¢ Q June30 At Laundry Mach:50¢ . June 1 . Stock. Bankers Nat Inv B.1% .. May 25 Omitted. e Cons Inv. 3% pf..$1.25 ue June . Gl 2L S, Bt e ; 1 Hidrs. of record. 1 Juneid Company. L July 1 June20 Coca Package Mach June n May 20 May 15 £ ] 00: ©0-00 O D m BO K 0O 0O OOOOO p OO B ” June 20 June 20 June 10 June 10 Amoskeag Co . i E c West Am Com Ins..S0c | Bazs Era¥ 7% i .81 i July June 1.. 3ihe 13 Juiy 10 June o, $1.75 bt 16¢c 7hac S eeras 4138 Soeafons £ soiitiork i Bhila City P R.34.30 Al Gl f 5 Elimore Sasohite Blant ."cl B Do. 15t pf’ L Nie e’ Share Gorp i) o2 3 1 1 1 1 July 15 N 5 1 1 1 1 1 5 e 18! ootiom June 25 | day. June 20 Lox. o5 232! & Fg (5 5 & - w & =§=~§”*3*33-‘-' & 3 7 893833243 PR 3 P 22223832 e 33rs e g 22833e SFSSATES ST = o v 323223222 3 w K5 & s 8323TI22I2! ey Beo E $31me8 SR ol 88888 ) 8-S anmmiscs! 9998 SRS B ogg 4 25 ) 2 zserReREEPc i3 neg 002, == 5 e oo B 5 ORNY FEt 233:338s00305553 7 E o Eoz, i e - - 82823a8eana2523 A ge2Esgasnnnansianis 33253233822332: PTG BT gm W‘# if? - ; P X CLLLLL e 855 ) 2o ~of 5 Q! i i) wa>U! 3 2882323 & SEE o 2 ;5: £ ....= 225 1 ) ;« l". - I"Q-_ SRE Y Beasees 23 TS 5 s 52w 2, d JRISB2 25 ,;75 15 E 5 b2 AIBISI2IBLY! £3 2833 & 8 E‘E‘E‘EFE o 3 233838 -355; IogFs e Eocld ¥a> 5 B SEE X SIPRIINGY gg;‘ffi ;«’ & % o $EERa: P s e sy 5y ! 83885355 FEEF %ot ge! F 333adaiingseseels: s W (53 ¥ & F B e o o peres a5z W £ e g8 S SG L S 223882 WRRSE o WS BES - 5= VRIS W g 2Suesas Um>.§= 3 & T S g5 888238! FESE RS £ o # 8335229283 88028 R ) PEELCTEREET TR FRAESE 74 Van Swerin 6s 21 Vanadium 8s 20 Va Pb Ser §'as A 5Va Pub Ser 85 B '3 2 Waldorf-Astor ~7s 20: 31 Wes Tex Ut s A '57 80 1Wis Pub Ser A 6s '52106% FOREIGN BONDS, & Bank S S::ES!!SSBE#SSS;ESE!:S 2 o geansa 3 = 83382 2 3 s A 1 Hamburg Elec 7s 3 § Hanover Gty 10 33, anover Pro i Hatea Hyd el 13 82 88 19 Tial Bup Bw 65 A 83 nha Br Medellin Col 75 'S e 53 r gasmsey 23 2 GG 332, 38853! ¥ e88338.8Y 28 e gdods _rar! Print cloth cuotations were un- at 5 for 64x60s and at 5% for quiet and YO May 19 (Special) — g lell were quiet to-