Evening Star Newspaper, June 1, 1931, Page 15

FINANCIAL. "CURB SHARES SINK T0 LOWER LEVELS Utilities, Oils and Coppers Beaten Down in Sell- ing Drive. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, June 1.—Under a bar- rage of unfavorable week end news, both domestic and foreign, stocks on the Curb Exchange sank to new low levels toda The popular Electric Bond & Share was one of the first issues to move into new low territory, but it was quickly followed by Standard Oil of Indiana, ‘Vacuum Oil, Aluminum Co. of America and scores of other active and inactive 5. es. Selling in Standard Oll of Indiana was said to be due to the belief that its filling stations might be subject to the Indlana chain store tax recently upheld by the United States Supreme Court. Whatever the reason, Indiana Etandard was offered freely and sales ‘were absorbed by one of the best in- formed oil groups in this country. Aluminum Co. of America, which has been offered by alleged “inside” inter- ests for the last month, hit a new low as a result of publication of detalls about new bauxite discoveries in Ar- kansas. Coppers again bumped along low levels as further price reductions were predicted. Within the next few weeks many more copper mines are expected to shut down completely unless red metal quotations meanwhile improve. F. G. Pardee, Michigan appraiser of mines, reports that average copper prices and costs in that State indicate the mines there on current output are losing at the rate of 4 cents a pound. Markets at a Glance NEW YORK, June 1 (/)—Stocks weak; leaders lose 2 to 5 points. Bonds weak; rails break. Curb weak; oils lead decline. Foreign exchanges irregular; Spanish peseta again at new low. Cot- ton lower; weak cables and favorable weather, Bugnr easy; commission house selling. Coffee higher; firmer Brazilian markets. CHICAGO, June 1 (#).—Wheat easy; forecast rain Northwest and large deliv- eries. Corn easy; reports planting com- pleted. Cattle steady to higher. Hogs steady to m'ong CHICAGO STOCK MARKET B the Associsted Press. CHICAGO, Juge 1—Following is the eomplete official list of transactions in istocks on the Chicago Stock Exchange oday: STOCKS. 0 Acme Steel High. Low. Close. 1 % 3 noo Atnsorth Mg Pub Ser moaumr Bros . al Constri: 200 Gastle A AL 30 Cent m‘ Pub’Ser P & 500 Chic lnvestors . 150 Chic Yell Cab 5150 Ciues Service 10 Colemen Lamp 5900 Comwith Eq 85855 . » S 2000 Gorp 150 Lorn se‘f un & F pt. 71 100 Plllslmmuns & con'; 2 2030 Foot & & Mach. 2 30 Goiabfite 30 Q1 Lakes Airciati ! Dredge. .. 200 M 110 Mcurun Um tric PRI LR TR e b B 8 @0 e B et o) @ Bmea e K SO P et I8 e ooy BB awnE3Be et 28w g o : 3080 West G & E i 130 8tand’ Dreds pf LI PR RS O R SR PeuutIELEE. gesss 8 Gypsum.... U 8§ Gypsum pi dio & Tel ump Bump pf. Cup 1200 Wis kshrs 100 Walverine Cement ~ 300 Zenith Radio . 2% 3 Btock sales today. 160,000 shares. 31000 Insull 65 '40..... 1000 Northern 32000 Chi Ry ctfs 5s ‘27 Bond sales today, $34,000. BALTIMORE STOCKS. Special Dispatch to The 8t BALTPVIDRE June 1.— STOCKS. rundsl Corporation . Last sale. 3 2183 57 midellty’ & Ginarant BONDS. 1000 North Avenue Market 6s 8000 United Rwy & Elec. 1st 4s 8000 United Rwy. & Elec. 85 1MW B & A Railway lst 5s. Trowg Agfa Ansco pf. Ainsworth Mfg (1) Air Investors cv pf. All Am Gen Corp Alleg Gas Aluminu Am Alu Co of Am pf (8). Alum Goods (1.20) Alum Ltd cum pt Aluminum,Ltd Cwar. Aluminum,Ltd Dwar, Am Arch Co (3) Am Cigar Co. ... Am Cit P&L Bb10%. Am Com P A (b10%) 16 Am Com Pr B(b10%) & ‘American Corp(15¢). Am Cyanamid B. - 3 e H LT Y- TP Am Gas & Elec (31).. Am Invest. Inc (B).. Am Lt& Trac (3%).« Am Maracaibo...... ‘Am Superpow (40¢). Am Superp 1st (6) Am Superp pf (6) Am Thread pt (25¢). Am Utll&Gen (B)vte Am Yvette Co (25¢). (b10% Anglo Chil Nitrat Appalachian Gas. . Arcturus Rad Tube., Arkansas Nat Ga: Arkans NatGasA... Ark N G cu pf (60¢). . Armatrong Cork (14098 Asso Gas&El A (a2 Asso G&El all ct 1.6 Assoc G & El war Assoc Tel Ut (b8%). Atl Fruit & Sugar. Atl Lobos. .. Atias Util Corp. Atlas Utilities war. Auto Voting Maeh. .. Auto Vot M cv pf Dt., Aviation Securities. . 14 Hellanca Atreraft... Beneficial IL (1%).. Bigelow-Sanford. ... Bliss Co (EW) (nl). Blue Ridge Corp. Blue Ridge cv pf Bohack (HC) 1st pf 7 Bras Tr & Lt (b8%). Bridgep Mach (25¢ BrA T cou B1.17 Buckeye P L (4). Buft N&EP pf (1.60). Bunk Hill & Sul (3).. Cable Radio T vtc. .. % Cable & Wire A rcts. Canada Marcos Carib Syndi 5 Carnation Co (j1%).. Ceco Mfg.. Cent Hud G&E (loc)- Cent Pub SveA bl10% 22 Cent&Swn Ut (b7%) 2 Cent&Swn Ut(b10%)2008 Cent Stat El (b10%). 19 Cent StE cv pt na6. 1258 Cent StELpf xw (6). 1 Centrifug Pipe (60c) 19 Chain Store Devel... 13 Chain Stores Stock 3 Charts Corp (13) ] Chat Ph Aln.v. (1 12 Childs Co pf (7).....1108 vice (g30¢) 316 Claude Neon Lts, Ine Clev El Illum (1.60).. Cohn & Rosen inc. Colon Ofl. ..... Col Ol & Gas vte. Cmwith Edison (8).400s Cmwlth & Sou war.. 635 Com Wat Ser gi2he 7 Consol Dairy Prod... § Con Gas Balto (3.60). 3 Consol Gas Ut A 2.20 1 Consol Gas Ut Bvte. 1 Contl G&E pr pf (1). 258 Cont Shares conv pf. 2258 Cord Corp. ] Corroon & Cor & Rey pf A (6) Creole Petroleum. Cresson Consol (4c; Crocker Wheeler Cork Int A (1). ban Cane pr opt w. Cuban Tob vte (1%3). Curtiss Wright war.. Cus! Mex Mining. . Davenport Hos (2).. Dayton Alr & Eng... Deere & Co (1.20)... 4 De Forest Radio. Derby Oil Refinin, Detroit Afrcraft Cp Doehler Die Casting. Douglas Alr (t1%).. Dow Chemlical (2)... DressSRA (3%)... Dresser Mfg B (2).. Driver Harris new. . Dubllier Cond & Rad Duke Pow (5).......1(0s Dugquesne Gas Corp.. 14 Durant Motors. . 16 East G & F Assoc East St Pow B (1)... East Util Assoc (2). East Utll Assoccv.. 3 Educational Pic pf.. 258 Elsler Electric Corp. 6 Elec Bond & Sh (b6). 627 Elec B & Sh pf (6).. 4 Elec Pow Assoc (1). 6 Elec Pow Asso A (1) 5 Elec P & Lt op war.. 27 Elec P€L2dpfAT.. 1 El Sharehold (b6%). 15 El Shareh pt (a6%).. 1 Emp Corporation.... 6 Emp G & F cu pf (8) 50s Empire Pub Sve (A). 1 Engineers Gold. ... 2 Europ Elec debrts.. 13 Evans Wallow Lead. 27 Fairey AviLtd 16c.. 1 Fajardo Sugar. .....1108 Federated Metal 6 Fire Asso Phila 1.60. 2 Foltis Fischer Corp.. 1 Ford M Can A (1.30). 12 Ford Mot Ltd 36 3-5¢ 71 Foremost Dairy P Foundation For 8h Fox Theater C1 A, 3 7 2 Galena Ot Corp 2 Garlock Pkg (1.20).. 1 Gen Aviation 1 Gen Cable war. 9 Gen Elec Ltd (p10¢). 2 Gen Fireproof (2)... 1 Gen G&E cv pf B (6) 2008 Gen Pub Sve pf (6).. 808 Gen The Eqcv pf(3), 2 Gilbert (AC) pf3%., Glen Alden Coal (4). Globe Underwr (15¢ § Goldman Sach T C Gorham Inc pt (3) Graymur Corp (1) 7 Gray Tel Pay Sta t3. 608 Gt At&Pac Tea nv(6) 50s Grier Stores. 1 Guif Ofl of Pa (1%). 30 Hamilton Gas rcts. Hecla Mining (40c). 1 Hoilinger Gold(65¢). 7 Hudson Bay M&S.. 17 Humble Of1 (12%).. 121 Hygrade Food Prod. 2 111 Pow & Lt p (6).. 258 imp Oil of Can (50¢) 19 Indiana Pipe Line(1) Ind Ter I1lu Ol A... Ind Ter Illu Of] B... Insull Inv (b6%). Ins Co ofNo Am 123’ Int Cigar Mach (2%) 1 Intercontinent Fetn Int Petroleum (1)... Int Products. . Int Superp (11.10) Int Utilities A (3%) 129 2 Interst Pow pf @ 7% Irving Alr Chute (1) THE EVENING NEW YORK CURB MARKE I\t Itallan Superpow A. % Kirby Petroleum.... 12% Klein (D E) Co (1).. % Kolster-Br (Am Sh). Lackawanna Sec (4). Lefcourt Realty 1.60 Leh Coal & Nav 1.20. Libby McNell & L. .. Lily Tulip Cup (1%) Lone Star Gas n 88s. Long Island MacMarr Stores (l). Mass UL Mavis Bottling (A) . Mead Johnson (14).. Memph N G Co (60c) Merritt Chap & Scott. Mesabi Iron Mesta Machine (2).+ Metal & Mining, Inc. Mid West Ut (b8%). Mid WSt Ut (1%) Mo-Kan Pipe L (A). Mo-Kan Pipe L (B).. Montecatini deb rts.. STAR, WASHINGTON, Received by Private Wire Direct to The Star Office (80c) Assoc. . T L P T » @wAT - Mont Lt H&P (1%). 125! Mountain Prod (1).. Nat American Co.... 4% Nat Aviation. ..., Nat Baking pf (7)... !El In Nat Bd & S Corp (1). Nat El Pow A (1.80). Nat Elec Pwr pf (7). Nat Family Stores.., Food Prod A. Fuel Gas (1) tol % Nat Leather. Nat PubSv A ) Nat 8 T Sec A (250¢ Sugar NJ (2) Nat Transit (1)..... Nat Union Radlo.... 4 Neisner Bros pf (7). 100; Newberry (JJ) 1.10.. New Eng PS prini.. New Mex & Ar Land. ewmont Min (4)... NY&Hond Ros(11%) N Y Tel pf (6%).... N ¥ Transit (170¢). . Niag-Hud Pow (40c) Niag-Hud Pow A w.. Nile: Noma Elec Cp(40c) . Nordon Corp Ltd.... Nor Am Aviat A war, Nor Pipe Line (14).. Ohlo Brass (B) (5).. Ohio Copper.... Ofllstocks Litd A (4l PacGa&BIstpf1%. 19% 34 Pae Pub Pacific Pub Sve new. Pac Pub Sve pf new. Pan Am Airwaye Pantepec Oil Paramount Cal Parker Rust Pr (!) . .lofifll 2% Pennroad Corp (20e) 80 5% Penna Gas& Elec A.. 12 Penn Mexico Fuel. .. Penn Pw & Lt pf (6). Penn Wat & Pow (3) Peop L& P A (2.40).. Pepperell Mfg (8)... Perfect Circle (2)... Petrol Corp war..... Phoenix Secur Corp.. Phoenix S Cpf (3)... Ptlot Rad Tube A. Pitney B P n (20¢) Pittsbgh&L E(110 Plymouth O1l (1) Polymet Mfg. Pond Creek P Poterero Sugar. 4 Pratt & Lambert (4) Premier Gold (12¢).. Prudential Invest. .. PubSve G & Epf(5). Pub Util Hold war. Pub Util Hold Cp xw : Puget Sd P&L pf (5) Quincy Mining...... Rwy & Lt Secur (13). Reliable Stor Reybarn Co. Richman Bros (3)... Royal Typewriter (8) Rubberotd Co (4). St Regis Paper (1).. Salt Creek Pro(1. Saxet Co. . Schulte Un 6 Seaboard Util (50¢).. Secu Corp Gen (40c). Seeman Bros (3).... Seg Lock & H (50c) Selected Industries. S1oInd full pd (5%). Sentry Safety Cont.. Shattuck Den Min. .. Shawingan W (2%).. Shenandoah Corp. Shen Corp pf (a3). Sherwin Wil (1434). Silica Gel ctfs. . Singer Mfg (112%). Smith (A 0) (2) Solar Refining. So Am Air Lin South Penn Ofl.(1). .y South Cal Ed pf(1%) SoCal Ed pfA (1%). South CEd pt B1% South CEdpf C1% Stand Ofl of Ind (2) .. Stand Oil of Ky 1.60.. Stand O1l, Ohto (3%) Stand P& L pf (1).. lio- Starrett Corp. .. Starrett Corp pf (I)- Sunray Ofl (b6%)... Swift &Co (2).....s Swift Internat (3)... Taggart Corporation, 4 Tampa Electric (32). Technicolor, Ine. . ‘Teck Hughes (60c).. Tob Prod Exp (10¢).. Todd Shipyard (4)... Torrington Co of Me. Tran Con Air Tran, Trans Lux DLPS.. Triplex Safety Glass Tri-Cont Corp war Ungertelder Fin Cp. 9% Un Nat Gas Can (1)., Union Oil Assoe (2). Unit Chemical Unit Corp war. Unit Dry Docks, Unit Founders. . Unit Gas Corp.. & §a......:.... —Eaveea wE- e A(1.30). 2% . g eSuBununnnESena S = 3 $18e Tat. o BB anaSasnmemm Unit Lt& Pwr o2 (6). Unit Pub Service. .., Unit Ret Ch pt (3%). Unit Shoe Mach (2%] U 'S Dairy (A) (5) U S Finishing. 180% U S Foll (B) (5 US & Inl Secur...... 42 U S Inter Sec 1st pf. 3% U S Radt for..e o Unit Stor 6% Unit Verde Ext (2). 315 Utica G & ELpt (7)., b1% yment. *Ex dividend, stock. Utl]l P&Lt(at1.023%), Ut P&L B(at1.03%). Util & Ind.......... Util & Ind pf (1%). Utility Equities, Vacuum O1l (2). Walker (H) (50¢)... Watson (J W) Co.... 2 ‘Welch Grape Ju(t2). 25s West Mags Co(2% ). ‘Willlams R C (70¢).. ‘Wil-low Cafe pf (4) Wilson Jones (1%).. *“Y" Oil & Ga Youkon Go! JDividend rates 1o doliars based on last quarterly er semi-an- Ex dividend. yable in cash or stock. i 1Plus §% in stock. g Plus 6% in stock. hPlus 1% in Plus 2% In stock. kPlus 10% in stock. m Plus 3% in stock. B Plus 8% in stock. p Pald Iast year—no regular rate. 1Partly extra. tPlus 4% In Stook. in stock. e Adjustme PARIS, June 1 were irregular on the Bourse today. Three per cent rentes, 89 francs 20 3, Five per cent loan, 102 francs 2 40 centimes. Exchange on London, 124 francs 9 PARIS BOURSE PRICES. () —Price changes L4 centimes. The dollar was quoted at 25 francs 50'i centimes. Crown Cork & Seal. BALTIMORE, June 1 (Special).— Crown Cork & Besl Co., Inc, for the quarter ending March 31 showed net profits from operations of $108,779.93 ents and Federal taxes. — Florida's constitution prohibits the levying of income or inheritance taxes. w! rants. (Quotations furni; D. C, er § Amer Rolf i Amer, Beatin 6 h_Ga ....,_ iy EEzEazs 5o s B o o T cp el 2 gocgengggggig> L B22BWAT . 2822 12 =:EE==:====¢3=: - &N nguune oflll!‘ll Butigirs cop eip & S R s R 931 B & Bl 14111 IEacine & use g bt b2 106% i 6 Pac In 55 A 48 x: 37 Pacific Pw & L 5s '55 90% 5 Pac Wes Ol 625 '43 58 53 Pa Cen P. Coal 49 90% § Pot Edis 4245 P 81 %1 vs= 3 Potomac Ed 5s E un Pipe Line 55 '40 98'5 uv'er of ixl 4 =t 2020/ 2 5 18 Tenn Elec Pow 5s 56 10344 S Texns Bice by 60, w1 100 4 Tex UL 6s 45, Swerin ns 55 ww adium 5 75 x Ut 88 A Citvac ohi l es 137108 sco R ) & W OSENF 2Ede8887 aF & 8 & zedgnuSSegae i &F & 82283 IR RS 3. o 10015 H muu on P&L Bs E (38 1021 1 lscon PAL b F ‘38 10315 FOREIGN BONDS, 3 Mtg Bank 10 Baden Gon Mn 4 Ternt mvnma El s- Unit El Ser —With warras n—] FOREIGN EXCHANGE. gold pound. ndon, B el CD enhlten St after depreciation, amortization of pat- | Stockhoim, ¢ olm, crown. ped by W. B. Hipbs Co.) ing checks Attendance at the five concerts spon- sored by the city of Glasgow, Scotland, Joat Winter was 20,000, T !bnught cash wheat at pegged prices much above July quotations, all grain |t ONDAY, JUNE 1, 1931 Spectal RMspatch to The Star. NEW YORK, June 1.—The combina- tion of axtreme weakness in the stock market and generally favorable weather over Sundyy throughout the South | caused a dvcline in cotton prices of | over a quarte\” of & cent today, and the market made yiew low records for the | year. All months s0ld below the low prices of last week, and, under severe pres- sure, the list n&m over $1 a bale lower than on duced 20 points Cotton range: Grain Market By the Associated Press. CHICAGO, June 1.—Notwithstanding | that Government-sponsored agencies | future contracts went downgrade today. | September and December wheat esab- | lished a new bottom price record. The chief reason given was the bearish ef- |4 fect of heaviness shown by securitias, United States Steel shares in particu- lar. Crop reports from domestic Win- ter wheat territory continued to indi- cate yields much in excess of the offi- cial May forecast. There were 2,106, 000 bushels’ increase in the United States wheat visible supply total. Wheat clcsed nervous, 1‘.21 s low= er; corn, %alls down; oats. Jsal; de- cline, and provlaions. 12 to 25 cents up. Beptember December RYE— July : Beptember . December UMBER PRODUCTION l EXCEEDING ORDERS # Purchases for Week Ended May 23 zu an Were 14 Per Cent Be- low Output. bt A combined improved relation for | hardwoods and a less favorable ratio of | softwood orders to production marked the lumber movement for the week | ended May 23, it is indicated in tele-| FINANCIAL. FISHERMEN CAPTURE TWO DEER ON OCEAN Swimming Bucks, Headed for Sea, Hauled Onto Lobster Skiff and Taken Ashore. By the Assoclated Press. LONG BRANCH, N. J., June 1— Chris Nelson and Harry Nelson, lobster shermen, lolling in their skiff in a calm sea two miles off shore, came upontwolmfldn-m!nthenn- INVESTMENT TRUSTS NEW YORK, June 1 (#).—Over-the- counter market: Asked. A B C Trust Shares % 8 A B C Trust Shares All"Am Investors A. Am & Cont Corp. Am & Gen Secur A Shi Fundamental T3 Shrs Funcamental Tr shrs B | Incorp " Investors Incorp Investors Eauit. Int Secur Corp Am & . nt Secur Corp Am [iea es | 1avest #f of ¥ Goilat A Investors Trustee Shi | Jackson & Curtis Inv Assoc. . tis Sec graphic reports to the National Lumber | if, Manufacturers’ Association from 807 Jeading hardwood and softwood mills. | Production of these muls was reported ll 242,897,000 feet. 'Fmen'-s equaled | his figure, but the ra of combmed‘ hlrd\tood and softwood new business was 11 per cent below it. A week | earlier orders reported by 785 mills were | o0 9 per cent below and shipments were 4 per’ cent above a total production of 236,790,000 feet. Comparison by identl- cal mill figures of reports for the latest week with those for the equivalent pe-| riod a year ago shows: For softwoods, 466 mills, production 31 per cent less, shipments 25 per cent less and orders 27 per cent less; for hardwoods, 223 | M National Indust Shr National Tr Shrs N Y Bank Tr D B cur Corp. sa 1st b Selected Am Sh: Selected Incom mills, production 43 per cent less, ship- ments 14 per cent less and orders 3 per | cent under the volume for the week a8 Yo mber orders reported for the week | ended May 23 by 584 softwood mills| totaled 191,618 000 feet, or 14 per cent ja below the pmduc!\on of the same mills. 8t State Street Invest Super Corp Shipments "gs_reported for the came Tru week were 217,589,000 feet, or 3 per |Tiu cent below production. Production was 222,440,000 feet. Reports from 243 hardwood mills | Trustesd X ¥ ©, give new business as 23,495,000 feet, or 15 per cent above producuon Ship- ments as reported for the same week were 24,270,000 feet, or 19 per cent above production. Production was 20,- | U 457,000 feet. Reports from 495 softwood mills 'We unfilled orders of 675514,000 feet on Hly 23, 1931, or the equlv-)em of Il luction. This is based producuon of latest calendar day year—and may be compared unfilled orders of 490 softwood mills on May 16, 1931, of 708!17 000 feet, the oqulv-.lem of 15 da; prnd ction. The 432 identical softwood mills re- port unfilled orders as 657,056,000 feet on May 23, 1931, as compared with 922,- h Iné Lia A B d t SHORT-TERM BECUBITIES. (deported by J. & W, Seligman & Co.) 343,000 feet for the same week & VeAr | Eaiiforaia ago. Last week's production of 466 identical softwood mills was 209,321,000 !eet, md a year ago it was 301,622,000 t: shipments were, respectively, 204,- 4344 0 feet and 271,771,000, and ‘orders received 178,479,000 feet and 243,924,- 000. 1In the case of hardwoods, 223 identical mills rej production last ported week and a year ago 19,309,000 feet and | 1 33,882,000; shtpmenh, 22,653,000 feet and 26,453000, and orders, 32,198,000 feet and 22,839,000. NEW SECURITIES. NEW YORK, June 1 (#).—New secu- rities, uflored today include: M Intermediate Credit Bank, cent debentures, due eleven and twelve mum-hl. W Charles R. Dunn, fiscal agen! Staten Island Edison 00 "IMM 3 per cent une-yeu notes, priced at 1 and acerued inf . by & group by Fleld, Glora & Co. CHICAGO DAIRY MARKET. CHICAGO, June 1 (#).—Butter—Re- ceipts, 28,514 tubs; steady; creamery extras (92 score), 23%; standards (90 seore, car lots), 24; extra firsts (80-91 score), 221;; firsts (88-89 score), 21a22; seconds (86-87 score), 19a20. Eggs—Recelpts, 53,289 cases; easy; extra firsts, 1715; fresh graded firsts, California Pet. Canadian Nor. Chi. Northwestern Chicago Rock Isiand :-" 5ia8 ah Dy L Co. 58 1047, < &.gouco 3 §1 from $2 by decla: payment of 25 cents a (Reported by J. & W. Rate—Maturity, a 5. 1031 16%%; current melpu. 15115%. storage Dlfleiiuflnh. 17%; storage packed ex- tras, 18%. 1 100 §-8: Bl lgl’ 19-32 #¥% A_1§ CRUDE OIL PRICES ARE AGAIN.SHADED Quotations in East Texas Market Range From 25 to 37 Cents Barrel. ouammmu Co. Vir- jor purchasers have posted mmuheduleo f prices which range from 25 to 37 cents & barrel, depending for prices up to o‘ux 40 hd:srees ng the past uantity being moved at 'lth the lDle-l- many Price Changes Frequent. ‘With the increase in the activities of the er purchasers in the field re- cently, lent changes in posted quo- tations have taken place. The strong efforts to raise the level of prices made by several of the major purchasers by their posting of the Mid-Continent schedule were of little avail. The pur- chases by the smaller refiners included such a large part of the daily produc- tion that the various ces posted above those which were being paid by these interests represented more of & nhouc guuuv tlnn an attempt which hope tabilize the crude nnn In Xact the ‘Tide-Water inter- ests following the esmmshmem of connections at the Mid-Continent schedule, reduced its prices to & flat qmuon of 45 cents a barrel when its runs increased to 20,000 barrels a day some three weeks ago. The new prices are more upresenmme of the weighted average price of the field. It is believed that most of the oil sold on contract is included in the new range of quota- tions. In fact, recently some of the large contracts have been made at flat prices of 30 to 35 cents a barrel. The Atlantic Refining Co., one of the latest purchasers, is r»pon,ed to have paid this price for long term delivery. It is said that commitments for many mil- lion barrels have been made within the past three weeks at prices incorporated within the new schedule. Several Plants Closed. Whether or not the recognition by the major units of the low prices will spread to other areas, President Farish of the Humble has indicated that this possibility is directly tied up with the results of the curtailment efforts in the East Texas area. Several operators are discussing the advisability of shutting xas. The - fronted with not only :’ t?::li:?:l market, but also & narrowing one. Although the strength in natural the the raw material purchased in North ‘Texas at prices below the posted market. The tendency to shut down ruonne plants manufacturing the gaso- ine from the natural gas is still a con- tributing factor in the natural gasoline market. One of the largest operators in the Texas fields has shut down sev- ;r:‘l.:nmu plants during the past two (Copyright, 1931.) _Bahxmore Markets Specin! Dispatch to The Star. BAILTIMORE, Md., June 1.—Potatoes, white, 100 pounds, 1.00a1.80; new po- tatoes, barrel, 2.00a3385; yams, barrel, ’ 3.5084.50; beans, bushel, 1.00a2.25; as- paragus, per dozen, 1.50a2.50; beets, per 100, 4.008500; cabbage, bushel, 50a1.00; carrots, _bushel, 25a50; caulmow crate, 2.582.50; celery cggplany ¢t grate, 20045.00; kale, bushel, l1‘23:3 i Mb\uhe] ans, huflg X Ppeppe! 1.50a6.00; onions, per 100, 758 1.00; ia Early June, ham- per, 17%a1 505 spinach, bushel, 10a30; Thubarb, per l , 2.0054.00; tematoes, crate, 1.3583.00 apples, bushel, 75a2.50; T bos, 2.00a2.50; grapefruit, box. 1.50a 00; oranges, box, 2.50a4.59; straw- berries quart, 10&20. Dairy Market. Poutry, alive—Chickens young, 23a 38; od hens, 22a24; Leglorns, 17al8; roostes, 14a15: ducks, :5a25; guinea fowl, each, 50a75; pigeois. pair, 20a25. Receips,” L9al cases; nearby firsts dozen, 18. Bitter—Good to #wicy, creamery, pousd, 3315a26; lades. 19220, l‘aX]‘ 16a%i; process, 21a2% stare packed, 14. Hay ame Grain. WVheat—No. 2, red Winter, export, 81%. No 2 , red Vinter, garlicky, spot, 81z Zarn— 0. z | domestic yellow, 70; co, 3.75. Ol ‘White No. 2, 38a39; No. 3, 37a tye—Ne-rv, 50a55. Hl}'. 39 m"—‘:l'huz rl::elpumdu;l:y unuln requirement re surpls heavy clover, mixed unl offepd. Such grades will an a premiup of $1 to $3 per ton, p!ndln‘ ¢ the amount of clover. Ir good timothy ranges from $24 to : $6 per ion. Straw-Wheat straw, No. 1, per ton, .(42.00a1%00. Oat straw, No. 1, per ton, /2.00a1:.00. Live Stock Market. Cate—Receipts, 300 head; light sup- ply; marke fidulp = . S ce to prime, none; good to cholce, 750 to 8.00; medium to 6.50 to 7.24; fair to medium, 5.75 to 6.50; plain to fair, 5.25 to 5.75; com- mon to plais, 4.75 to 5.50. Bulls—Cloice to prime, none; good to_choice, 5J0 to 5.50; medium to good, 450 to 50Q fair to medium, 4.00 to 4.50; plain o fair, 3.50 to 4.00; com- man to plais, 3.00 to 3.50. Cows—Chilce to 4.00; plain b fair, 250 to 215 eam mon to plaiy 2.00 to 2.50. Helfe oice to prime, none; good to cholce, nie; medium to good, 6.00a m: medium, 5.50a6.00; pllln .50; eommon to plain, “oofs and springers, 30,008 lambs—Recelpts, 2,600 held, mod te supply, market lower. .50; ring lambs, 6.50a ipts, 2,800 head; moderlu steady. Lights, 110* mvu doo-us light pigs, 658: s, 50 head; light ply, lnll’mm Calves, ’1"00.! g - AR lILVm QUOTATIONS NEW Y 1 () —Bar silver in better dennd and 34 higher at 263. The totalutput or superphosphates for April Wi 42.3 per cent less than for April, 140, the National Assoclation jports. Shipments to con- lers were 3.3 cent E‘éfi"fimz the like ‘month last