Evening Star Newspaper, May 25, 1931, Page 15

AY 25, 1931 STOCK AND BOND AVERAGES By the Associated Press. . o | FORGODMNG 733 Received by Private Wire Direct to The Star Office "CURB TURNS DOWN AFTER DULL START *Market Irregular at Opening, but Soon Develops Lower Trend. NEW YORK CURB MARKE stock ana Salos— Dividend Rate. Add 00. Open. High. Low. Close. Lackawanna Sec (4). 32 Leonard O11. .. ' Lerner Stores (2)... Lily Tulip Cup (1%) Lone Star Gas n $8¢. Magdalena Synd. Bales in thousands. s Altbama Pow '5s" 13 Alumi Co. w Pu 2 § Anmiat, Uy Y t 20 20 20 i Ame B 71 21 . 20% 6% 16% Note—All stocks are sold in one hundred-snare lots STOCKS. those designated by the letter s (80s) (2508), shows those stocks were sold in odd lots, Stock and Bales— Dividend Rate. Add 00. Open. High. Low. Close. AMllated Prod 160.. 3 18 18 17% 18 Air Investors cv pf.. % ey Ala Pow cum pf (7). BOs 116% 115% 115% 115% Aluminum Co of Am 15258121 122 116 116 . Am Cigar Co. 66 65 65 65 Am Cit PAL ( 2% 8215 824 Am Cit P&L B b10%. 7" e Y Am Com P A (b10%) 1% 12 American Corp(15¢). 4% Am Cyanamid B..... “ % Am Dept Stores. ... 2 Am For Pow war.... Am Founders . Am Gas & Elec (£1).. Am Hardware (4)... Am Invest. Inc (B).. Am Lt & Trac (2%). Am Maracaibo. . Am Natura] Ga: Am Superpow ¥40¢) . Am Superp pf (6). 6 3 Am Transformer. ... t Elec Pwr pf (7). Am Util&Gen (B)vte Am Yvette Co (25¢). Appalachian . Arkans NatGas A... Assoc El In Ltd 30c. Ass0 Gas&Fl A (a2). AssocG&E Adbrts 4 Assoc G & El war. Assoc G & Eall ctfs. As50 G & El et (8) . .. 250, Assoc Tel Ut (b8%). Atlas Util Corp...... Atlas Utilitles war.. 2 Axton Fish To A 3.20 22 Bahia COrp..evu.eee 1 Beneficial 1L (1%).. Niag-Hud Pow (40c) 159 BY CHARLES P. SHAEFFER, e Tudge Corp. ISRETUTFONAA .o 3 oW1 2h Associated Press Business Writer. NEW YORK, May 25 ().—Cotton was - b s " s ane Co_ 58 . Blue Ridgecvpfa3.. 2 I 23 3 % E 6% s 40 93 1 The Commerce’ Department rts | lower today, with prices for all months . Noma Elec Cp(40c 6% y 28 2 P ent reports | gffir‘fifip“ét‘ ?{1’0’, Nordon Corp Ltd E I 3 Deis El Jias 39 %% .3 18 |there were notable improvements in the | Making new low records under further L D SRR L1073 DECHIR S var e design and mechanical efficiency of | lquidation of old long accounts and g the last calendar local or commission house selling, which Bwana M Kubwa Nor Central Texas. . A 7w B | okt S Cabie Radio T vtc. ALl bl g V'S W 3810 59 appeared to be inspired by favorable weather reports and the weakness in bZoedobt =t 28 Nor Pipe Line (4)s 29% year. Garib Syndieate. 128% Nor St Pow A (3) 125% Throughout the world, the depart- | stocks. July contracts sold off to 8.74 and S238Es Specialist Gives Warning, However, That Losers Al- ways Outnumber Winners. 23385232 FEEE] R WL PR~ > B 32 2] 30 22035 2283, M 7 Mid St Pet vtc B..... % Mid West Ut (b8%). 81 Mid WSt Ut (1%)..1 Midvale Co (4). Minne-Honey pf % Mo-Kan Pipe L Mont Lt H&P (1%).. % Moss Gold Mine: Mountain Prod (1)... Municipal Service. Nat Aviation. . % ' BY JOHN A. CRONE. “Bpecial Dispatch to The Star. NEW YORK, May 25.—Irregular and dull at the opening, the Curb market developed a slow but persistent down- ward trend as the session progressed today. ‘The market leader, Electric Bond & Bhare, failed to show on the tape any signs of the crganized operations report- ed around the street on Saturday. Cities Service moved back and forth aimlessly on a greatly reduced volume. Goldman Bachs eased. Public utilities, petroleums, specialties, .aviation shares and the higher-pric:d industrials, in the order named, moved into new low ground during the forenoon session. Southen New England Tele- “phone, which seldom apepars, opened at 155, off 15 points from its last sale a fortnight ago, when it rose about 10 ‘ points. Duke Power at 10615 for the first time in 1931, was down 573. United Light & ‘Power Convertible preferred, off 13, was at a new low, and the B shares declined 334 as the common receded fractionally. Niagara Shares Corporation was one of the first issues in its classification to scrape a new 1931 bottom. . _Standard Oil of Ohio led the Standard Oil division into new low territory, and Reiter Foster assumed that position in the miscellaneous oil group. Standard Oil of Indiana moved norrowly, follow- ing announcement that a subsidiary, Standolind Oil & Gas, had completed its . .contract and withdrawn as a daily pur- chaser of 30.000 barrels of crude oil in the East Texas area. ‘Specialtles, such as Mead Johnson in . the food group, Parker-Rust Proof in the paints and chemicals, and Lerner Stores, in the chain group were down more than a point. New York Transit was up a fraction Jon its initial sale of 8, but other “‘pipe lines were dull. A. O. Smith Cor- poration, one of the higher-priced in= dustrials closely allied with the natural BY BRADLEY W. TRENT. Special Dispatch to The Star. NEW YORK, May 25.—Actlvity in gold mine stocks has been often freely commented upon as a phenomenon commonly associated with pericds of low commodity prices. But A. D. Watts of New York, speclalist in Canadian securities, especially mining stocks, de- clared today that this country and Canada are on the verge of one of the greatest booms in gold mining in his- tory. Mr. Watts, however, has & word of warning tg sound to prospective buyers of gold stocks. He points out that in great mining booms there arc always v leve Ter Bid: 74 & great many mcre losers than wine mwih Ed 4'as E ' ts 103 ners. Washington Ticker New York Cotton 888 e o8 Tndustrials, vusee DR SosunarunnanasSS- e 2008! 222> i 353 3988099909 Nat In itors. Nat Pow & Lt pf (6 Nat Screen Sv (2). 2 t Service Co. . 2% 4 Nat8 T Sec A (350¢) 18% Nat St Corp war. % 54 Nat Sugar NJ (2). 29 New Eng Pow pf (6) 82 Newmont Min (4). 284 N Y Hamburg (23). 23 NYP&Ltpf (7). 113% 115% % 4 102'% 204 28 nci Str Ry 6s B ties Service 58 e High, 1929. . Low, 1929.. 100000 2 (Copyright. 1931, Standard Statistics Co.) g% Old Argument Stands. The argument that the supporters of a big bull market in gold stocks always put forward is as true today as it was in the days of the long slide of basic prices following the Civil War —that the lowering production costs, such as materials, wages, power and machinery, make gold mcre profitable to mine. Rough figures to support this are found in an analysis of the nine I ing Canadian gold producers. The weighted average of their production costs in 1929 was $6.76, In 1930 it was $6.51 and in 1931 the estimated figure is $5.95 per ton of ore. These figures are taken after depreclation, reserves, develcpment and exploration. At the 873 | Same time the weighted average of the 9.08 | same mine producers was $10.02 of gold :}0 recovered per ton of ore milled. TSis 342 | leaves an average net recovery of $3.26 in 1929, $3.51 in 1930 and $4.07 in 1931. Such figures are not indicative of any one situation because of the wide dif- ferences in transportation, depth of mining, overhead and mining methods. But they do show that there is a ten- CHICAGO, May 25 (#)—Stock mar- | dency toward larger profits in the cur- N Y Tel pf (6%). N ¥ Transit (1). 81 100 wEReSantmanRatSe Q! 95% Nor St Pow pf (6 98% A | Celanese 1st pf ) Faab s (i 13 - & ment finds, there was a definite tend- Cant Hua G&E (30 e = i Floride P L 558 3 4 |ency to make new models represent more A December to 9.29. with the general list Cent Pub 8v De % Ohfo Copper........ 1 % 3 > D atie i | showing net declines of about 25 to 26 Cent Pub SvcA 3 3 : 21, Oflstocks Ltd A(40c) 12 2% value for the consumer. In the AMer-| points during the middle of the after- Cent&Swn Ut (b7%) & 3% Ollstocks Ltd B(40¢) 2t % -+ $2 |lcan industry several noteworthy im- | noon. Cent Stat El (b10%). ‘ L¢IDHtpIET MEOED. <o S G 3 % | provements were introduced and stimu- | Chain Store Devel. .. 26% PacG & E1stpf1%. 27% G 7 40 95 95 f;m dull public demand. Chat Ph Al n.v. (1).. 3 3 Y 4% Pac Tin Cop £pec (2) 2 4 European manufacturers are reported | Childs Co pf (7)....e 514 Pac Western O1l. LY 88 31, % | to have devoted unusual attention to| 9% Citles Service (g30c) Pan Am Afrways. 24 Pa 8s A improvements of production methods, Cit Svpt B (60¢c).... Pandem O1l. . o S s 36, 57 ° elimination of clent practices and Citles Serv pf (6) . Paramount Cab Mfg. g oy 4138 D the six and eight cylinder jobs. Many Claude Neon Lts, Ine Parker Rust Pr (3)..1800s101'4 101 new models presented by European Clev El Illum (1.60). Pennroad Corp (20¢) 9 bl bl manufacturers during the year showed Club Aluminum Uten Tenn Mexico Fuel. . 100 104 a continuance of the irend toward a 4« Colon O1l. Peop L& P A (2.40 17% closer resemblance to American types Col 011 & in some respects, while several new [ July tobe: Chiecago Grain BT 154 1031 a9 78" B ¥ 5 55 A ‘57104 Pepperell Mfg (8) 2% s B 813 - 3 Gas industry, was off almest 8 points 2nd thereby recorded a new low level. Aluminum Co. of America tapered #gain as foreign cables announced fur- ther competition, especially in the Japanes> market, on sheets from Swiss ‘and other manufacturers, who are quot- ing lower prices than the American coroporation. (Copyright. 1931.) CHICAGO STOCK MARKET High. Low. Close. 100 Afnsworth Mfg. 83 83 88 €00 Allied Mot Ind.. 11 50 Am Radio.. ... 100 Am Yvette. 40 Assoc T & A 1 oc Tel Uil 100 Assoc Inv... 500 Bastian-Blessing 1850 Bendix Aviation Bros . 70 Cent Il Pub Ber pi. 950 Cent 1II Sec ... 350 Cent Pub_Serv Col Pict vte (f1% Cmwith Edison (3). 1008 Cmwlth & Sou war.. 32 Com Wat Ser g12%e¢ 10 Conscl Copper. . . 2 Consol Dairy Prod... 3 Con Gas Balto (3.60), 6 Conso) Gas Ut B vte. 1 Cont Shares conv pf.25(s Cont Shares pt (B)..300s Cord COrp........... Corp Sec Ch (b6%).. 1 Corroon & Reynolds. Cosden Of1. Cresson Con: Crown Cent Petrol. . Cr Cork Int A (1). Cumberland P L (2). Cuneo Press (2%)... Cus! Mex Mining.... Dayton Alr & Eng. Deere & Co (1.20)... De Forest Radio. . Phoenix Secur Corp. Phoenix S C pt (3)... Pilot Rad Tube A Plymouth O1l (1) Foterero Sui . Pratt & Lambert (4) Premier Gold 12¢).. Producers Roy Corp. Prudential Invest. Pub Util Hold war. . 380 Pub Util Hold Cp xw Pyrene MMg (80c). .. Reiter-Foster. .. Reliance Int A. Reliance Manag. Rock Lt & P (90¢) . 3 D09 00 e S b s 5 oosevelt Fleld Inc.. Rousta Int Corp. St Regis Paper (1) Saxet Ci Schulte 5 Stp Seg Lock & H (50¢ Selected Industries. . St Ind full pd (5%). Sentry Safety Cont. . 1% 28% 18% T 4 33% W 1% 10 5 3% 9 Insull Ut 6 1 Sec American models revealed the adoption of a body design resembling those of continental models. In the European industry some out- standing tendencies in custom design- ing were a further retreat of the wind- shield line. lengthening of the cowl and hood and lowering of the body as a whole, a greater use of chromium piating of stainless stecl and a greater use of the slipping of V-shaped wind- shields. Convertible types were sald to be more in evidence than ever before. ‘The Federal Trade Commission an- nounces that preliminary work is now 74l under way in an investigation of the building material industry. In this inquiry the commission will study facts relating to contracts for the construction of Government build- gs. Particularly will it seek to determine whether there are or have been price- ket weakness more than offset firmness which developed in grain prices late today. The transient strength of | grains was due largely to authoritative | unofficial report of 10,000,000 to 15,- 000,000 bushels damage to Kansas wheat by recent frost.. The principal | injury was reported as in all low and | medium low places to the North from cast of Waldo, Kans.,, to west of Lin- coln center. ‘Wheat closed irregular, 113 lower to i, advance, corn 33-7 off, oats V-3 down and provisions unchanged 10 > cents setback. | CHICAGO, May 25 (®). | Ju A September . December . rently producing gold mines. At the same time, deep mining has become a recent factor in Canadian mines and it has been generally discovered that mines in the pre-Cambrian shield for- mation, which stretches from coast to coast in Canada, become richer in gold content at extreme levels, Some Lower Levels. ‘The Teck Hughes mine, for instance, in the Kirkland Lake area in Ontario, has bl out large ore bodies esti- mated to contain ore running $17 to $18 to the ton at the 6,700-foot level. No- 2 tario mines. In the Great Rand fleld in South Africa there are workings at 8,000 feet, but the heat is so excessive at that level that it has been found impractical to go deeper. Mr. Watts points out that well or- ganized, well managed and soundly financed companies will be the only one able immediately to realize large u fixing or other agreements, understand- | ings or combinations of interests with |~ are respect to the prices or other terms at | D Douglas Afr (t1%).. Dress S RA (3% Driver Harris new Shawingan W (2%3). Sneaffer Pen (13). Shenandoah Corp. 300 Cent & So West 100 Cent & So West pf . 700 Chic Investors ... 20 Chi n_& Mil profits. Prospesting and development work are the two great obstacles to pid 4" c No Sh & Mil bl 35 vice ...... 12 70 Crane Co . 400 Elec Household 100 Emp G & P 1% 55 B! ettt 8E B2 e BusE st sy 80 1 2 1 3 3 3 5 s 5! 3 1 2 3 1 VIS asimyms o ekl Tl P < atma osa M F i ER _.....u..__,,_.,_ R SP . 25! 600 Northwest 30 No 250 Perfect Circie 250 Pines w olic 425 Public Serv n 10 Pub Serv 6/ ORS 300 Seaboard 30 Signode St 100 So Union_Gas 950 Swift & C 800 Ewif Dubllier Cond & Rad Duke Pow (5). s Duquesne Gas Corp. Durant Motors. . Duval Tex Sul wi. % Fast St Pow B (1) East Utll Assoc (2). East Utll Assoc cv. . East Util InvA..... Elsler Electric Corp. Elec Bond & Sh (b§) Elec B & 8h pf ()., Elec P & Lt op war.. Elec Pow Assoc (1). Elec Pow Asso A (1) El Shareh pf (a6%). Jlectrographic Corp. Emp G & E cu of (1) Emp G & F cu pf (8) Empire Pwr pt(2.24) Emp Steel Corp. ... Evans Wallow Lead. Fairchild Aviation. . Federated Metals. . . Ferro Enamel A (4). Fiatrets (94%¢). ... Florida P& L pf (7). Ford M Can A (120) Ford Mot Ltd 36 5-5¢ Fox Theater ClA... Gatena Ofl Corp Gen Alloys. . Gen Aviation. . Gen Elec Ltd (p70c). 3 Gen G&E cv pf B (6) 250, Glen Alden Coal (4). Globe Underwr (15 + Golden Center Gold Sexl Elec Golden State Milk Goldman Sach T C Graymur Corp (1).. Gt At&Pac Tea nv(§) 2 Guenther Law (1). GuifOllof Pa (1%). Hamilton Happiness Candy . .. Hazeltine Corp (2). . Holt (H) & Co (1.80) Humble Ol 112%4) . . Hydro Elec Sec 1.40. imp Ofl of Can (50¢c) (nd Ter I11u Of1 A Ind Ter Ny U1 B, .. Insull Inv (b6%).... Insurancs Sec (T0c). Intercontinent Fet n Lot Petroleum ¢1). . Int Saf Raz B (12%). Int Superp (1110). int Utihties B ... Int Uti} pt pf (7). 2% lalian Suvernow A 14 Kolster-Br (Am 8h) Shen Corp pf (a3)... Shreveport Elec D. Smith (AO) (2).. South CEd pf B1%. Bouth Col Pwr A (2) SouthernNat Gi S0 New Eng Te : Southld Royalty 60c. SW Dairy pf ww S W Gas Utilith Stand Oil of Ind (2). nd Oil of Ky 1.60. and Oil Nebr (2).. nd Ofl, Oh1o (2% ) nd Pwr & Lt (2).. Stand P& L (B) (2). Starrett Corp pf (3). Stein (A)&Co pf 6% . Stein Cosmetici . Siutz Motor Car..... Sunray Ofl (b6%)... Swift & CO (2).....0 Swift Internat . Technicolor. Inec. .... Teck Hughes (60c) .. Tenn El P 18t pf (7). %« Todd Shipyard (4) Tran Con Air Tran Trans Lux DLPS.. Tri-Cont Corp war. Tubise Cantillon (B) Ungerieider Fin Cp. . Union Am Invest. ... Un NatGas.Can 11.45 Union O1l Assoe (2). Un Tobaceo. Unit Corp was Unit Founders. Unit Lt &Pwr A (1). Unit Lt&Pwr(B) (1) Unit L& Pwr pf (6). Unit Molasses, Ltd Unit Shoe Mach (2% U S Elec Power ww. U 8 Elec Pwr war. . U S Inter Sec 1st pf.. US Linesof (1).. Unit Stores......... Unit Verde Ext (2)., Util PALt(a11.0234). Ut P&L B(at1.02%). Utllity Equittes..... 30% Vacuum Oil (2). 214 VanCamp PKE...... % Venezuela Petrolm.. Bls Waltt&Bond B(80c). 3 Wil-Low Cafaterfas. 1 4l Dividend rates in dollars based on last guarterly or sem: *Ex dividend. h_or stock al payment. a Payable 1n dividend. 1Pl stock. ) Plus 2% stock. n Plus & in stock. 1Partly extra. stock. p Paid last year 5t o 1Pius 4% in b Payable in stock. & Plus 6% in stock. k Plus 10% 1n stock. no regular rate h Plus m Plus 3% W E 0 47 Nor Btut Pow 4136 ‘61 4 No'Sta Pw 8'as 93 180 Tex U 780135 0 Pow 4128 D" 27 0Kia Gas & B1'8s 90 103 A 532 22 1 8eripps 8148 4 1 BERRE" rhe 7 8haw Wkl SeeSue e B 5 48 Tenn Elec Pow 85 75 5 Tenn Pub Serv 55 70 16 Texes Elec 55 '60 wi 2 Texas Gas U 3 Texas P & L 5 Tex 1 West Pow 51.s A 'ST FOREIGN BONDS or under which materials will be fur- | nished contractors or bidders for con- struction work. ‘The chief examiner will make the in- vestigation and report to the commis- | | sion. The Commerce Department describes | in & new booklet the raiment of a | “well dressed home.” A mythical ideal living room would include, in addition to draperies, floor- covering and decorative accessories, such as pictures and flower bowls, a | sofa-davenport, a matching or con- trasting chair, a second easy chair in contrasting. or complementary colors, desk, desk chair, reading table, en table, floor lamp, table lamp and book- case or hanging book shelf. On budgeting, the department makes the following apportionment of funds for each room: For furniture, 65 to 70 per cent; floorcovering, 15 to 20 per cent; draperies, 8 per cent; decorative accessories, 7 per cent. The plan of gradually accumulating beautiful pleces of furniture for the home rather than the method of spread- ing available money thinly over a large number of rooms is recommended. In this way, it is pointed out, the home | may be furnished in a manner for which none need apo At the same e, says it is necessary that utllity be a prime consideration, particularly in the | homes where there are growing chil-| dren. In such homes, woods which will stand much abuse and upholstery cov- | ings of durable materials are most Shitable. The successful room depends not only upon the presence of attrac- tive furnishings, but also upon the ab- sence of undesirable appointments. Avoldance of serious mistakes during preliminary stages is practically cer- fain to result fortunately in the end, the department says. Prospects for an early agreement of a m.nunxm. of facts in th> case of the Electric Bond & Share Co. are con- sidered good by the Federal Trade Com- mission. This matter has been delayed because of the demands on the time of the commission counsel and examiners in connection with othcr hearings, and because counsel for the company Wwas| abroad. | This case originated out of an appli- cation by the commission to the New York Southern District Court for an order requiring certain officers and ¢m- ployes of the Electric Bond & Share Co. to produce requested records and to answer questions claim-d by the com- mission to be pertinent to the investiga- tion being conducted under a Senate e. the department | | September December May new. July September ' December " KieA | |Washington Produce Butter—One-pound prints, 29; tub, 28. | Eggs— Hennery, 17al18; current re- ceipts, 16a17. Poultry, alive—Turkeys, hens, 24a toms, 20a22; Spring broilers, 36a38; | Leghorns, brollers. 28a33; hens, 22a23: | Leghorns, 16; roosters, 12al4; ducks, |15, keats, young, 75a80; old, 40. ilers) 42243; hens, Toosters, 16; keats, Meats—Beef, 12a13'3; veal, 12al4; lamb, 20222; pork loins, 19; fresh hams, 19: fresh shoulders, 14; smoked hams, 20; smoked shoulders, 1214 strip bacon, 23; lard, in packages, 12 in bulk, 11. Fruits—Cantaloupes, jumbos, 4.50; standards, 4.00; ponys, 3.00; strawber- ries, 3.00a3.50;" homegrown, 6.00a7.00; oranges, 3.50a4.75; lemons, 4.0024.50; grapefruit, 2.25a2.75; limes, per 100, 3.00; grapes, Argentina, 3.25; pears, per box, 5.00a5.50; cherries, per box, 1.50a2.40; bananas, 1.75a3.25; honey- dews, 3.25; apples, box stock, 2.50a2.75; rhubarb, per 100 bunches, 3.00a5.00. Vegetables—Potatoes, new, per barrel, 3.7524.00; old, 120-pound sacks, 2.50: sweets, 1.75; Idaho bakers, 100-pound sacks, 2.75; lettuce, Iceberg, 2.50a3.50; homegrown, Fer hasket, 50a75; turnips, per basket, 1.00; spinach, 40a50; kale, 40a50; string beans, 2.00a2.25; peas, 1.75a2.00; Summer squash, 2.00; cucum- bers, 2.50a3.00; tomatoes, 6-pan crates, 3.0023.60; onions, Bermudas, 50-pound sacks, 1.50al1.60; eggplant, 2.00a4.00; asparagus, 1.00a3.00; corn, 3.50; rad- ishes, per 100 bunches, 1.00a2.00; Spring onlons, per 100 , bunches, 1.50a2.00; Spring onions, per 100 bunches, 1.50a :.503; peppers, 3.50a4.00; lima beans, Markets at a Glance NEW YORK, May 25 (#)—Stocks weak; pivotal issues fall to. new lows. Bonds irregular; rails easy. Curb heavy; specialties weak. Forelgn ex- changes steady; French franc firm, sudden riches in gold stock promotions. It is true that in a hectic mining stock boom, such as the great Nevada rushes, i‘undis may be a?tnux:dhv:ry e;s‘uy for eve?filn ut as often as not ese p“:moveflu" are of ore bodies carrying unprofitable proportions of gold. Highly trained technical ex- perts are needed for the effective ex- ploraticn and development of mine properties. (Copyright. 1831.) Baltimore Markets Speclal Dispatch to The Star. BALTIMORE, Md, May 25.—Pota- toes, white, 100 pounds, 1.00a1.80; new potatoes, barrel, 3.00a4.75; sweet pota- toes, barrel, 2.00a3.85; yams, barrel, 3.50 | 24.50; asparagus, dozen, 50a2.00; beans, bushel, 1.25a2.00; beets, per 100, 5.008 6.00; cal bushel, 85a1.35; earrots, ulifiower, crate, 2.00a , 1.50a3.50; eggplants, crate, 2.00a5.00; kale, bushel, 10a30; lettuce, bushel, 50a63; lima beans, bushel, 3.50a6.00; peppers, crate, 1.50a6.00; Spring onions, per 100, 50a1.00; spinach, bushel, 25a35; tomatoes, crate, 1.2583.50; apples, bushel, 75a2.30. per box, 1.25a 3.50; grapefruit, box, 1.50a3.00; oranges, box,” 2.50a4.50; strawberries, quart, 10a 25, peas, Virginia, early June, hamper, 1.50a2.00; rhubarb, per 100, 2.00a4.00. Dairy Market. | _ Poultry, alive—Chickens, young, 23a 38; old hens, 22a25; leghorns, 12a18: roosters, 12a15; ducks, 18a25: guinea fowls, each, 50a75; pigeons, pair, 25a30. | _ Eggs—Receipts, 876 cases; nearby | firsts, dozen, 17. Butter—Good to fancy creamery, 231 a26; ladles, 19a20; rolls, 16al7; process, 1 21a22; store packed, 14. Hay and Grain. ‘Wheat—No. 2 red Winter, export, 83; No. 2 red Winter, garlicky, spot, 83; May, 83. Corn—No. 2, domestic, yellow, 71a72; 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 gll requirements, there is no surplus of heavy clover mixed being offered. Such grades will bring a premium of $1 to $3 per ton, depending on the amount of clover. Fair to good timothy ranges from $24 10 $26 per ton. Straw—Wheat straw, No. 1, per ton, 12.00213.00. Oat straw, No. 1, per tcn, 12.00a13.00. resolution. The court, in its opinion. stated it as- sumed that the Electric Bond & Share Co. was, in part at leact, engaged 10 | iiien ‘buying. B | a0 | _ CHICAGO, May 25 (#).—Wheat easy: ndants wished to contest | . May ). v I e e N emumpiion, the | fine weather Southwest and beneficial imatter would have to go to a master, of that if the commission wished an ad judication to the cffect that the inter- state business of the company was s0 intimat<ly associated and connected with interstate commerce that all the company's activities were subject to the jurisdiction of the commission, a refer- ence would be required to establish that fact. Both parties, desiring to take ad- vantage of the opportunity thus afforded b}‘ the conrt, agreed to the appointment of_a master. ‘The commission hopss the matter can | ‘l’/l‘]& 1% again be brought on for hearing at an | 1% 0 carly date. | Cotton lower; weakness Wall Street and favorable weather. Sugar steady Cuban support. Coffee steady; Bra- 1Agr Mtr Bark 7Ts '47 56 6 Baden Con Min a1 Borota Bk z 1Bogot M Bk 75 ‘47 n 55 I Buen’ Alr Proy 15 132 4 Live Stock Market. Cattle—Receipts, 350 head: light sup- ply: market very dull' and lower. Steers—Choice to prime, none; good to choice, 7.50 to 8.00; medium to good, 675 to 1.50; fair to medium, 6.00 to rains Canada. Corn easy; large receipts | 6.75; plain to fair, 5.50 to 6.00; com- and easy cash situation. Cattle weak | mon to plain, 4.75 to 5.50. | to lower. Hogs steady. Bulls—Choice to prime, none; good T T fo Sholce, 5.00 to 5.50; medium t0 good, t0 5.00; fair to medium, 4. 4.50: MONEY MARKET. in to fair, 3.50 to 4.00; common to NEW YORK. May 25 (#).—Calll plain, 3.00 to 3.50. money steady; 1! per cent all day. Cows—Choice to prime, none; good Time loans steady: 6Q days, 1 to 113; | to choice, 4.50 to 5.00: medium to good, 3 to 4 months, 13, to 2; 5 to 6 months, 113 to 17 per cent. 400 to 4.50; fair to medium, 3.50 to Prime commercial paper, 2 to 2. 4.00; plain to fair, 250 to 2.75; com- Bankers' acceptances unchanged; 30 mon to plain, 2.00 to 2.50. Heifer—Choice to prime, none: good 60 to 90 days, 175 4 months, 5 to 6 months, 1% to 1%. :/B. & 0. TO CANCEL EXTRA |SALES OF AUTOMOBILES | Cf‘fx 13‘53“5 Hgnfts% *| TRAINS AND LOW FARES REPORTED SLOWING DOWN ' counts in 266 leading cities-of the Fed- % : 2 eral reserve system showed an increase for the it (endrdhoMady ‘ml Total debits for comparable perlods follow, a3 measured by the Federal Reserve Week ended May 20. Special Dispatch to The Btar. By the Associated Precs | WINCHESTER, Va, May 26.—The| NEW YORK | Baltimore & Ohlo Railrcad, which has | co, in a spectal h from Detroit, | been experimenting with a larger num- | says sales of aut biles have begun to )iy | PET Of motor trains on the Shenan- | decline, and while some companies will | Previous week. %7, | doan division the past two months, Will | aahere to previou:1s estabiiched sched- | Same week ast year ules for May, & few have begun to cur- e °j1 cancel all the newer trains May 30, it | i fes b TREASURY STATEMENT. was learned today, officlals, it was said, | | being convinced that even with more It is likely that operating schedules | frequent trains and lower rates the ' for June will be revised downward un- By the Associated Press. traveling public seems to prefer high- less retail reports for the second 10- Treasury receipts for May 22 were way motoring. Since April 1 six trains | day period of Mayv show a change in | ¢5318,114.39; expenditures $10,117, at 2-cent-a-mile fares have been oper- | trend over the fi 10 days of the!33077; balance, $111,693,249.97. Cus- h month. A number of executives cling | toms receipts for the month to the close of business May 22 were $21,287,773.87. Dow, Jones & .. $11,299,600,000 . $10,204,575,000 . $14,337,609,000 e Tare s o to & Ohio 4':s 1933 Batavian Pet. Corp. 4'.5 of Canada ss de Jan @l,s ' 2Ruhr G Co 6'a8 A ; !ll:' in Con 7 e Culk to choice, none; medium to good 6.00 to 6.50; fair to medium, 5.50 to 6.00; plain to_fair, 5.00 to 5.50; common to plain 4.50 to 5.00. Fresh cows and springers, 30.00 to 00. Sheep and lambs—Receipts, 2,500 head; moderate supply; market lower. Sheep, 1.00 to 3.50; Spring lambs, 7.50 to 11.25. Hogs—Receipts, 1,700 head; light sup- gly: market steady. Lights, 7.25 to .50; heavies, 6.50 to 7.30; medium, 7.25 to 7.50; roughs, 4.50 to 5.65; light pigs, 7.00 to 7.25; pigs, 7.25 to 7.50. Calves—Reseipts, 500 head; light gp’p%; market stronger. Calves, 4.00 ated on this division each way, giving | r stations 12 trains a day. The experi- |to the hope that the scasonal decline ment was tried to determine whether | will be less pronounced than heretofore, | the people who travel would return to but there is an admission in several | the railroad instead of going by motor | quarters that “somcthing seems to have bus and pr.vate It was also said :ut the sales curve within the past 10 ay: the railroad company plans even more drastic curtailment of its regular pas- . BALTIMORE FIRM BUYS COUNTY BOARD ISSUES A.si b s vie senger train service for the same rea- | se. Chat Phenix Cii STOCKS EX-DIVIDEND. NEW YORK, May 25 (#).— @ 60. it BTQ:;[ Orders Grow. NEW YORK, May 25 (/) —Retailers’ preparations for sales of Summer mer- chandise brought a heavy volume of orders into the New York wholesale apparel market last week. Popular price goods attracted the bulk of orders both for promotional events and for ot g merchandise intended for immediate “:nho"“n‘ X%nl gt Bt sale. Consumers were reported mani- rolt ity Gas Go Bt festing an unusual interest in tweed T 1 NEW YORK BANK STOCKS | rx—yi wer o s R When 1ssued. NEW YORK, May 25 (#).— el Bank Stocks. BALTIMORE STOCKS. Special Dispatch to The Star. BALTIMORE, May 25.— Sales. STOCKS. 15 Arundel Corporation 785 Baltimore Trust Co.- 58 Rlock rx Company. Rat Algbama Gt South RR Co. .3 3 son——that it does not pay. g ansntl 8 s ndard Ol N. Jersey 3s 1246 ndard Oil N. ‘York & IM.&8L Ry. R &E & LM AL, Ry R A @1 CHICAGO POTATO MARKET. Wests Electric Co. 83 107 n! tes shipments Saturday, 840 | TIM A ay 25.—The First | Pirst Natl N W:‘e:flr’:l gf:'} ‘cors. e 1ear 39" 90 | cars; Sunday, 121; new stock siightly | National Becurities Corporation of Bal- | Hertiman, ... T 1600 | Credit »ofd.... coats and the trades interprets this Wheeling D, 442 4 * | stronger, t good; Alabama-Louisi- | timore was the successful bidder xor-".".i.,.x Cify... . 2 % A ideli development as encouraging to those e R four issues of Frederick County bonds | Peoples Nstl now making plans for August coat FOREIGN EXCHANGE. | awarded Saturday as follows: $186,000 | Public sales. furnished by W, B. Hihbs & Co.) relundin’ 4s on & bid of 103.286; $100, Trust Co (Quotstions furnigDes B eeld Belline chesks | Stronger; 000 serial 4s on a bid of 102.252 $124,- | Banca Comm Ital i today ho Russets, 1.45a1.55. 000 school 4%2s on & bid of 105.514, and | Bankers ! o1 pe $100,000 of ‘tosd 415 on a" bia of | BEUR T v NEW YORK, May 25 (P).—Copper : 3 t 13 Pa Water e | Gent Hanover i 00 United Ratlway & Electric | quiet: ~electrolytic, spot and _future, The §70,000 issue of Town of Center- | CReises, B, &% 111111110 (i 530 8 Pidelity & Guaranty.. Shint: Iron QuIet, Ne. 3, 1.0/, mal ville (Md.) 5 per cent clectric plant | Continental ... 4 BONDS. Pennsylvania, 16.00 bonds, which was also awerded Satur- rn Exchange 1000 United Rwy & Elec st 4s 15.00216.00; ba e aay to a group composed of the Mer- |Empire . 165 GRiied R ik income & cantile Trust and Stein Bros. & Boyce | Gutrants o 23.25, Lead | on & bid of 101.897, was rcoffered pub- | HIBEIRIS - : Over in the city of Prague they have | 3.75; East St licly on & basis to vield from 3,25 per Manufacturers passed a law, 4s a safety measure, East St. Loul cent to 4.10 per cent, according to ma- | N5, oy which prohibits a motorist from smok- 3.35. Antimony, turitg, Unit ing wi driving & car, 102.00, Dominguez Oil Piels liot, Ad M Co 7% ' 0 6 oo Women's Lead Decreases. Britain's male population, which fell far below that of women during the ‘World War, is again gaining on the fair sex. Official announcement just issued show that in the middle of 1930 there were 22,200,000 males and 23,700,000 females. In 192¢ women exceeded the opposite sex by 1,800,000, with the population a million lower. Practically all the 1,500,000 surplus female - | tion as frmnt is in England an ¥ 3 Scotland having a small excess, with i Northern Ireland sbout equal. . 3 METAL MARKET. s a8 ROKomo: DOEKKOROK: DOK0O000: 00005 w3 et st Ersuty seEE 3 < R33% H value London, pound ESS | WII Improve Furnace. | NEW YORK., May 25 &) G. McKee & Co., engineers tractors, of Cleveland have received a contract for two McKee hot blast stoves with metal bottoms the Youngs- town Sheet & Tube Co. The improve- o : Bl 5 o steady; spot, New York, Louis, 3.60, Zinc quief spot and future, 3.32a .4026.45. Quicksilver, Westchester Titie & Tr.