Evening Star Newspaper, May 25, 1932, Page 15

FINANCIAL DECLINE IN BOND MARKET RESUMES U. $. Government Issues Sag Further Despite Evidence of Support Orders. BY F. H. RICHARDSON. pecial Dispatch to The Btar. NEW YORK. May 26.—Bonds dropped | into new low ground today under unre- ! lenting pressure from liquidation. Trad- ing was at‘a moderately active pace. The market opened narrowly under Tuesday's closing levels. There was some evidence of steadiness in United States Government long-term bonds, but subsequently offerings of these de- scrintions mcr(’;\.&cd heavily and prices gave way from '; to ': point in all Treasury and Liberty bonds with the ex- ception of Liberty 3'.s, which, being entirely tax-exempt. €njoy ‘a SCarcity demand along with high-grade munici- pal issues. The effect of the record low interest cost to the Treasury on its last $60.- 000,000 of 91-day bills was noticeable today in rates on commercial paper and time money. Commercial paper was quoted at 2'. to 23, per cent for prime names. Time money was quoted at 1V to 135 per cent for all maturities, 30 days to six months. With every evidence in the market that, despite declining prices, the Fed- | eral Reserve was still taking large amounts of Governments, Walls Street had reason to believe that the $100.- 000.000 of Treasury 91-day bills offered BOND Lib 3158 32-47. Abitibl P&P 5s ‘63, AD&St5%4843... Alleghany Cp 65 °44 Alleghany 58 o Am F P 582030.... Am1GChB%s'49. Am Metal 5155 '34. | Am Sm&Ref 5s '47. Am Sug Ref 6s'37. Am T&T 4%3°39. . Am T&T c tr 55486, Am T&T deb 58°60. Am T&T deb 58 '65. Am T&T 5258 '43.. Am Wat Wks 58’34 Am Wat Wks 6s'75 Am Wr Pap 6s'47 Antioquina 7s '45. . Argentine 53’4 Argentine 5%s "62. Argentine 6s '59 Oc Argentine 6s A "67. | Argentine 6s B '58. Arm & Co 43%8°39 Arm Del 5%8'43. .. Atchis 48 1905-56. . Atchison gn 48 '95. Atchison 434s'48. . AtiCL 1st4s'52.. AtICLcl4s’ Australia 4% Australia 5s Australia 68’57, today will achieve another record price}Austrian 7s 43 and oversubscription. Treasury 3 per cent notes, due in September, were to- day quoted at 100 28 32 bid and 100 30 32 asked, at which price the maturity interest yield is around 1 100 of 1 per cent. Corporation bonds were pressed for saie at sacrifice prices. In many junior issues prices did not change merely be- cause there were no bids and conse- Quently no sales. There were instances | where nominal bids placed 2 or 3 points | below the market were filled before un- wary buyers, who did not actually wish to get bonds in & rapidly falling mar- ket. cou'd withdraw their bids. Canadian Pacific 4s. for instance, | dropped 2 points, reflecting acute weak- ness tn the road’s capital stock. Ches peake & Ohio B 4'.s. after being of- fered at Tuesday's closing level, finally caught a bid a point under that price. Similar losses occurred in Boston & Maine 5s, Atchison 4'.s, Chicago Great | Western 4s, New York Central refund- | ing 4':s. Northern Pacific 6s, Frisco 41,5, Southern Pacific 4'.s, Southern | Railway 4s, Union Pacific first 4s and Missouri, Kansas and Texas ments. This group included carrier bonds of all qualities. Industrials_and utilities went the same road. Western Union 5s were of- | fered at 47. but finally sold 2 points Jower. Under-the-market bids caught offerings in Youngstown Sheet & Tube | Philadelphia & Reading Coal & Iron | Philadelphia Co. North Amer- jcan Co. 5s. National Steel 5s, National | Dairy Products 5'4s, Loew's 6s, Gannett | 6s and Dodge Bros’. 6s. New York City tractions were heavy on the revival of | a plan for recapture of the properties by the city. Baltimore Markets Bpecial Dispatch to The St BALTIMORE. Md potatoes, new. barrel. potatoes, bushel, 50a75: 3 barrel, | 1.25a1.50. asparagus. dozen, 50a2.00; beans. bushel. 75a2.00; beets, crate, 1.75a2.0; cabbage. hamper, 50a1.00; carrots, crate. 3.00a3.25; caulifiower, crate, 1.75a2.00: celery. crate, 1.5083.00; cucumbers. _bushel, 1.50a2.25; kale, bushel. 15a35; eggplants, crate, 1.00a 2.25; lettuce. crate. 2.0083.25; onions, per 100 bushel, 1.50a2.25; peppers. crate : rhubarb, 100. 2.00a4.00 bushel. 20a40; | radishes. : squash, bushel, 1.00a1.50; crate, 1.0023.25: | 0; arapc‘l’r\nl box, | oranges. . 2.7524.50; quart, Dairy Markets. Chickens, young. 20a25: Leghorns, 15! 220; old hens. 14al6: Leghorns, old. | 13al4; roosters, 8al0; ducks. 9al8; guinea fowls, 30a55; pigeons, palr, 20a25, Eggs—Receipts. 826 cases; current re- ceipts, 131 Butter—Good and fancy, creamery, 19 a21; ladles. 15a18; process, 17a18; store- packed, 10. Hay and Grain. Wheat—No. 2 red Winter, garlicky, &pot, domestic. 60';: May delivery, 60y June. no guotatlor | Oats—No. 2 white. domestic. 321,a33; No. 3 white. domestic, 3172232, Rye—Nearby, bag lots, 40a45. Corn—No. 2 yellow, spot, domestic, cob corn, new, 2.00a2.25 per barrel. Hay—Receipis, none. General hay market is quiet. Receipts ample of timothy, but good mixed hay scarce and bringing a premium. Prices range from 12.00 to 16.00 per ton. as to grade and kind: latter figure for choice clover mixed. The poorer grades of timothy are irregular in price. Live Stock Market. Cattle — Recelpts, 50 head; steady; good to choice, 6.0026.75: medium to good, 5.50a6.25; fair to medium, 4.50a f:uo plain to fair, 4.00a4.50: common lain, 3.0024.00: bulls, medium to| gm . 3.75a4.25; fair to medium, 3.408 3.75; plain_to fair, 3.25a3.50; common to plain, 3.00a8.25; cows, medium to , 3.50a4.00; fair to medium, 3.25a 350; plain to fair, 2.00a3.25; common to plain, 1.50a2.50: heifers, good to choice, 5.50a5.75; medium to good, 5.00 85.50; fair to medium, 4.00a5.00; plain to fair. 3.50a4.00. common to pluin, 3.0083.50: fresh cows and Springers, 30.00260.00 Sheep and lambs — Receipts, 700 head; steady: Spring lambs, good to choice. 7.00a7.50; common to medium, 4.506.50: sheep, 1.00a3.50. Hogs—Receipts, 300 head: lower; light, 3.75a4.00; medium. 3.75a4.00; light. pigs, 3.50a3.85; heavies, 3.25a 3.85; roughs, 2.20a3.00; gus 3.7524.00; Western hogs, 10a20 highe: Calves—Receipts, 100 head: steady: good to choice, 6.00a6.25; common to medium, 300a4.00. New York Cotton Special Dispatch t0 The Star. NEW YORK, May 25.—After an early decline under the influence of weakness in outside markets, with prices off about 14 of a cent from the high levels of the ‘week, the cotton market steadied today and closed around Tuesday's final quotations. ‘Though mill selling was again a fea- ture of the day the market developed resistance and, recovering all the early loss, ended around the best figures of the day. Spots were unchanged at 5.75. Cotton range: trawberries, Ta 47 Close. 5.6 RAILROAD EARNINGS. NEW YORK, May 25 (#).—Net rail- way operating income for April of rail- ycads reporting today, with 1931 com- parisons, included the lg%lov\ ing: 1332, Wabash ..........$320.565% Ao Arbor LT 101T9 *Deficit. 1931. $294.637 36,203 Austrian 7s '67. B&O1stds’ Belgium 6s '5 Belgium 6% Belgium 78 '8 Belgium 7s°'66. .. ) Bell Tell Pa s C RBerlin Cy EI 63 BerlinCityE16 ' BerlinCityEl6 13 Eeth Stl pm 53 ‘36, Bordeaux 6s'34. Bos & Me 5. Bos & Me b3 '67. | Brazil 6138 '26. Brazil 6145 '27-'57. Brazil TSC R '52... | Brazil8s°41.. Bklyn Ed 58 A "49. | BKlyn Elev 6%s Bklyn UnGasbs’45. | Budapest 6s ‘62. Buenos AR 6 Bush T Bldg 55'60. Calif Packing 55°40 Canada 4s°60. Canada 415836, Canada s '52 Can Nat Ry 4148'56 Can Nat 414s°68.. .. Can Nat 53’69 Oct. Can Nor deb 78 '40. Can Pac db 4s, | Can Pac 4%s 60 n Pac 5s'44 ct; Can Pac §a'54 Cent 11l E&G 58 ‘51, Cent Pac 18t 48'49. Cent Pac 55 '60. . Cen Ry NJ g 55 '87. Cert-ta db 5148 '48. Ches Corp bs C&O gen w..'n | CB&Q Il dy 4545 | Ch1 & Est Il 58'51. Chi Grt West 48'59. C M StP&P 537 CM &St Padj Chi & NW gn 4 cm&\w I%IC‘JT CTHRSE 1st 55 CTH&SE in 55’6 Chi Un Bta 4% Chi Un St 55 "44. hi Un Sta 65 B'63. C & W Ind cn 4852, Chile Cop db 5s *47. Chile Mtg Bk 68 '61 Chi Mtg Bk 6867 Chi Mtg Bk 6%s'61 CinUnTrust 58 2020 Clev Term 4%8 7 Clev Term Colon O11 6s38.... Col G&E 5s '52 May Col Gas&E1 58 °61.. Com Inves 5135 °49. Cons C Md rf 58 '50 Con G NY 4345 '51. Con G NY 51845 Con Pwr Jap 6%8 Cen Pow Japan 7 Consum Pow 5s'52. Cepenhag 4% '63. Copenhag 68 '52.... Cuba RRrf 7348’36 Cuba Nor 5%s'42.. Caecho 8s°'51 Del&Hud ret 48 '43. Denmark 4148 '62. Denmark 5 '55. Denmark 68 ‘42. D&RGgen u‘.u D&RG Wb D&RGWSBs" 'll . Det Edi ¢%4s D Der Edison rf Dodge Bros s . Duquesne 4%s '67. Dutch East 1 68'47. Dutch East I 6s'62. Friecon 4s'96..... Frie 4s B 5 Erle gen Brie ref 5s'67.. Erie ref 5575 Flat deb 7846 Finland 5% Finland 7s ‘50 Fisk Rub 83’4 Fram Ind 1% French Go 7% Golsenk’hen 6534 Gen Baking 6%8 Gen Cable 5%s "4’ Gen Motors 6s l’l .. Gen St Cas 5%s’ Gen Th Eq Ger Cent Bk - Ger Cen Bk 6860 J Ger Cen Bk 68°60 O Ger Gen Elec 6 Ger Gen El 7s, Ger Gov 5% ‘65 German Rep 78°49. German 6%s ‘50 GoodHopeS&1 78'45 Goodrich 6s 4 Goodrich 648 Goodyr Rub 5: Grand Trunk Grand Trunk 78’40, Grt Nor 4%3s D'76 Grt Nor gn 7s'36.. Greek 65°68..00000 28 18 14 Am Intl 5%s'49...222 32 5 4 34 37 73 53 9 BawSeraanen ot —Ra o mxie— 1 Bkiyn Man 65 A 68 Ger Cen Bk 78 '50.. 3 48 UNITED STATES. (Balssare 15, u.un 100 l! Lib 1st 4145 32-47 101 16 Lib 4th 4% s 33-38 1029 5 909 100 10 100 12 10116 10119 1022 1027 8920 904 9018 914 968 9615 9612 9616 964 9611 9726 9731 98 30 100 3 . 00 6 -82.... ll)l 5 10223 108 Sales. Hllh. Low, clln“ 16% 6814 68!5 THE EVE NEW YO Hudson Coal b Humble O 6% Hungary 7% 111 Bell Tell 5 111 Cent cl tr 45 '52 Il Cent cl tr Il Cent rf 4s 111 CCStL&N 5s A.. Inland 8t 4%s A'7l. Int Rap Tr 1532 Int Cement 5s 48 Int & G Nad 6862, Int Hydro El 63 "44. Int Match 5s'41... Int Match 6s '47. Int Pap ret 55 A'47. Int Pap 63" Int Ry C A bs Int Tel&T 4%s'39. IntT&T4% IntT&'T6s'55.... Irish Free St 58 '60. Italy 78 '61. > Italy Pub 78 °62.... Japanese 5145 '65. . Japanese 6133 '54. . Kan C P&L 4361 Kan City Sou 3s'50. Kan City Sou 55’50, Kresge Found 65’36 Kreug & Toll 5869, Ll(l Stl G A 50 4 Llcled.fi‘&l Laclede 534 D60, Lake Shore 3 Leh Valen Leh Val cn 5s 2003, Lig & Myers 5361, Loe 68’41 Lorillard 6861, La & ATk 6869, LouGlLlBlAn L &N uni4s‘40.., L &N 4%sC2003. L & N ref 5145 2008 Lyons6s'34....... McKes & R5%w'l BD. 48 '52. MUERy&LG Mil El Ry&Lt bs MStPASSMen ¢s'38 MK &Tad) 58’67, MK & Tex 55 A ‘62 Mo Pac gn 4s'75... Mo Pac 68 F'17. Mo Pac 58 G 78, Mo Pac 53 1 '80. Mo Pac 15881 Mo Pac 5148 A Mobtle-Ohio 58 '38. Mont Pow 58’43 Montevideo 6859, Mor&Co 1t 414839 ssau Elec 48 ‘51, Nat Dairy 6448, Nat Steel 53°66.... N Eng T 1at 58’52, NOT&M5%s 54, Cret 4% 2013 Crf4%s2013m Cref 582013, . NYC&StLS NYC&StL 1, N Y Edison s NYEArf6%s 41, NY EL H&P 4849, NY NH&H 314 NY O&W rf 48 NY Rys 63 A 6. NorOT& L 6s 17 :or Pac gn 3= 2047 Nor Pacr 168 2047. Nor St Pw 5s A "41. Nor 8t Pw 62 B '41. Pac GRE 53 42.... Pac T&T 1st 5337, Pac T&T rf 55'53. Pan Am Pet 68°34. Paramount 6s '47. Param-Pub 5%850. Paris-Or sv.-’sa S Penn gn 414865 Penn 4%s D Peru 6s Peru 7s'59 Phila Co 5s '67 Phila Elec 4s'7 Phila & Read §: Philippine R Phillip Pet 5% 339 Pillsb F M 6843 o STOCK EXCHAN Received by Private Wire Direct o The Star Offics. "9 9 SwoxRrcnmaRie B 9 a.-.%.. Ha® PRAD = RANADOS PCCRStL 58 A 70, : Poland 65 '40 Poland 78 47 Poland 85 ‘50 Pos Tel & C 53 Prussia 6s '52. Public Serv 4a 'T1.. Pub Sv G 4155 '67.. Pub Sv G 4143°70.. Pure Oil 5537 Pure 011 5%840... Queensland 6s'47.. Queensland 7s°41.. Read gn 4348 A '97. Rem R 5% sSA’4TwwW Rhinelbe U 75’46 . Rhine West 63'52. . Rhine West 65 '53. Rhine W 6s '55 ww Rio de Jan 613553, Rio de Jan 8s°46. .. R Gr Do Sul 6563 R Gr Do Sul 8s"46. RIAr& L 4%s'34. Rome 634552 Royal Dutch 4s 45. Rumania 7s’59.... StL IM R&G 4533, St L&SF 4s A '30.. StL&SF 4%s'T8. St L&SF 58 B'50. StL SW cn 4s'32. Saxon 78°45.. Seab AL4s st o850 Seabd AL6sA 1’5. Sine Ol Taa 37 Sine Cr 0 5%s'38 Sinc P L 5542 Skelly Oll 6348 19. Solvay Am 58 Sou Bell T&T 6s *41 SW Bell T 58 A '54. Sou Pac col 4549.. '55 101% 4 381 3 61 6 35 35 ’\\_mh. NING- STAR, WASHINGTON, D. C, Grain Market By the Assoclated Press. CHICAGO, May 25.—Rengwal of ac- tive speculative buying gave an upturn to wheat values in the final hour to- day after the market earlier had sagged. ‘Two of the foremost speculative lead- ers were on the trading floor and were reported as planning to devote more time hereafter to commodities instead of the stock market. The first truck- | load of new Texas wheat was reported marketed today, and there were pre- dictions the 1932 wheat harvest would be under way all over Texas within & fortnight. Wheat closed firm, !3-% above yes- terday's finish; carn varying from % decline to 3 advance; oats ls-Ys off to 4 up and provisions at 10 cents setback to a rise of 2 cents. ly . September December Convention Official Named. BALTIMORE, May 25 (Special). — Robert O. Bonnell, president of the Morris Plan Bank of Baltimore, has been inted vice chairman of the General ‘onvention Committee and a member of the Program and Sectional Associa- tion Committees of the thirteenth nual convention of the Morris Plan Bankers' Association. The convention, which is to be held in Washington, D. C.. September 9 to October 1, will be attended by representatives of Morris Plan Banks operating in 142 of the larger industrial cities in the United States. Gl S Washington Stock £xchange SALES. Washington Gas 8s “A”—8$1,000 at 9 ‘Washington Gas Light—10 at 80, 10 at 80, 10 at 80, 10 at 80, 10 at 80. Potomac Electric 5';% pfd.—10 at 10214, 10 at 102%, 5 at 10214, 1 at 102'4. Bid and Asked Prices. BONDS. PUBLIC UTILITIES. Bid. Asked. Amer_Tel & . 100 Am. Tel. & Te Anacostia & P Ana. & Pot Guar. 58 : P. Tel of Va. 5s.. .. Traction R. R. 5s.. & Suburban 35 63 i alex &Mt Vernon et Inc, 6'as.. 51 =855 m Rvy. & EL ptd NATIONAL BANK ash. rel A«I *'na\mD'dr “(10). \m B & T | Secon “\:\s‘nnncn (2 TRUST COM & Tr Co (15)... & Tr. (123 Grorges Bk. & "1v G Toan 8% b SAVINGS BANKS. Bank of Bethesds (61) Amer Sec Natl Sav ce Gi Union Wash | Commerce and Savines o). ast Wi inston” (12). Eotomae 10y Gosi. Bi Becurity Sav. & Cor. Bk Sevent Street (13- United States (30) Wash. Mechanics (20) FIRE msufi;«mx emen’ Neational Umion " i18)... TITLE INSURANCE. Columbia (8h) Real Estate (6h).. MISCELLANEOUS. Barber & Ross. Inc.. com Col. Medical Bidg. cnru « D C Faper Mis. pfd.. il ptd. Emmer "Bromo-Selt. A Federal Storage pfd Fed.-Am."Co. com. (1.200) Fed.-Am. Co, ptd. (6) .. Lanston 'Monotype (6) tee. pi haler Linotype (1.60i. ¢ Inv. pld. (8) < Med: Bids. Corp. (11 dwd. & Lothrop com. (1.20). Wdwd. & Lothrop pfd. (7).... *Ex. dividend. . bBgoks ciosed. nasc exira. SouP 4148 '6) ww. Sou Pac 438 ‘81 Sou P&OT 4%s A'T7 5 Rou Ry gn 43’56 : Sou Ry 6%s°66. StOilNJ 53’46 StOIINY 4%s 61 Sweden 534864 .. Swiss 5343 46. Tll'un!?.*l"ll Tenn Cop 6s B 44.. Tenn EIP6sA 4. Tex Corp ev b8 Tex&P 1st 58 2000. Third Av rf 4 Third Av adj §: Teb P,NJ %1 2033 61 Toho El Pw 6s'82. 20 Toho El Pw 1556 Tokio bu ‘53 Tokio 5%s Tokio EI Lt UE&P StL1st 582 1 Un EIPSL ref 5833 Un Pac 1st 45"47.. n Pac 45’68 Un Pacrf 4s . Un Pac 4%s '67. 5 Un P 1st rf 55 2008. Unit Drug 55 °63... 2! Utd King 5%s'37. U 8 Rubber 5 UnSt W 6%{m AT, Ud St W 6%8A'51. Upper Austria 7s'45 60 Uruguay 8s’46 Utah P& L 5s Util Pw 58’69 ww.. Utll Pow 5% '47.. Vanadium St 5s'41. Vert Sug n‘tz'l 42 Va Ry & Pw 68 °34.. ‘Wabash 1st 58 °39.. ‘Wabash 58 B'76. .. ‘Warn Br Pic §s'39. 39. Weu Union 5860, West Un 6% 514 | Westphalia 65 '63. . 60 35 Wick Sp cn ct 78’35 Wil & Co 1st 65741, Wis CentTm ¢s°36. Yokohama Ygstn S&T Ygstn S&T WEDNESDAY Markets at a Glance NEW YORK, May 25 (#).—Stocks heavy; utilities lead decline. Bonds heavy; rails lead decline. Curb heavy; Electric Bond & Share steady. Foreign exchanges steady; sterling gains. Cot- ton higher; trade buying. South- ern mill selling. Sugar quiet; steady spot market. Coffee lower; trade sell- ing. CHICAGO, May 25 (#).—Wheat firm; bullish Nebraska State reports: good export sales. Corn barely steady; bearish Government weather report. Cattle irregular. Hogs slow and steady to lower. MONEY MARKET. NEW YORK, May 25 (#).—Money markets were unchanged today. Call funds were available at 1% per cent outside against a Stock Exchange rate of 2';. Bapkers' acceptances were fea- tureless. Commercial paper -nd time funds were quiet. BONDS ON THE CURB Salesin DOMESTIC BONDS. thousunds. 2 Alabama Pow B8 & Aluminum Co $s 6 Aluminum_Ltd 5s u Am Com Pw 5125 2 A o 6, A 151 20 Amer G & E 55 2028 1Amer G & Pow 6s '39 1 9 Amer G & Pow 55 83 I 1 Avkans P & L 3% §Asso El Ind 128 83 3 55 s 19As Tel Ut 5155 ‘44 5Asso Tel Unf as 1 Beacon Oil 6s ‘38 15 Bell Tel Care5s A ' 5 Bell Tel Cun 55 B 1Bell Tel Can 35 C § Comwh Comwh Sd 4'3s D ! 48 Comwh Edis s P 14 Com'nity PAL 85 Co 2 Consum Pow 41u 4 Consum Pow 58" 3B Cont G A E St A 38 45 3 Cuday Bus Sias ow 5iis 5 3B TG 2Dix GG 6'a B 12East Ut Inv 38 A 34 Edin Bl Boston S 33101 13 Edis Slec Bost 55 '35 99! 107 Elec P & L S8 A 200 3EI Paso N g ¢l 50 2El NEdata 13 Empire O&R 5a 1Federal Wat 3i3s 8 Eirestone 'C M 180 991, 96° 9 Suugessiscd-n Jeorgia Power 38 illetie & Raz 5 oeb .6 22522, SaBoas o amatuulultonmnalis . 2 Internatl Bait S5 ° 14 Intern Sec Am 5s 453, & 574 14 Intersta Power 8s '57 Ty 4T 4 Intersta_Power 68 '52 21 &5 | Mumble Oil ( ld"80 Pet 658 A 45 Mid West Dt S8 13 cv West U "wa—»—-;u»s:‘=~l—-uuo.n <2ZEEEEE| ZaA] o Mid West Miss Pow 2222 2224 = 5 SVM,ra\An Pw 415 Calif 55 5 Eng G&E 5s '47 v Eng k4 South Cal Gas 3s * 1Southern N G 6e 4 3 Southw Q&E Ss A ) LEP S A 87 8 d 8 Stand 10Stand Inv 5'zs 3 3 Standard P&L 6s 5Sun Oil 5! 2 Super of Illin 4125 ‘68 5 3 Super of Tllin 4'.s 70 4wift Co S5 40 wi... 9Swift _Co 5s 13 Teiin Ejee Pow 5% '3 19 Texas Elec 55 60 wi 2 Texas Gas u;ss 45 § Van Swerin, 6535 ww a Pb Ser 5las A 3 Waidortoastor 1 s 1Wis Pub Ser A 6s '52 70 FOREIGN BONDS. 1Arg Mtg Bank Ts '47 15 Sanon Pub Wk 35 | xon Pul s 1 Btinnes 7s '46 xw l‘hm\ Soc 6las A 1Unit Indust ww—With warrants. xw—_Without warrants. !l Be (| 5.0005.50; old, MAY 25, J932. FINANCIAL. N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. and Dividend Rats. Add. 8. Hish AlaGregoupf 3). 408 10 All Am Ge: Allfed Mill 3 Aluminum of Amer 400s 23 ‘Alumn Goods(80c). 21 9 Am Capprof (5%). 13 AmCit PAL A (a3). 7 AmCitlesP&LB. 4 Am Comwith Pw A. 10 ‘Am Comwlth Pw B. Am & For Pw war.. Am Founders...... AmLt&Tr (2%).. Am Laun Mch 1.20. IDDI Am Maracaibo. Am Phoenix Corp Am Superpower. Am Super pt (6) . Am Super 1st pf(6) Arkansas NtGs A Atk N G cu pf(60c) Art Metal Work Asso Gas & El AssoG&BAbE%. Asso TILtd pf 13 Asso Tel Utllities. . Atlas Utilitie: Atlas Util pf A (3). f Ind Loan 134 Blue Ridg Blue Ridge cv pf a3 Brazil TL&P(b8%) Buff N&E pf (1.60). Bulova Watch cv pt Canadian Marconi. Carib Syndicate. .. Carnation Co (1%4) Cent States Elec... Chain Stores Stk. .. Cities Serv (g30¢c). uv Cities Sve pf (§)... Cities Sve pt B 60c. 1 Cities 8 P&L pf(6) 508 Cities 8 P&L pf (7) 5/ l Claude Neon, Ine. . Col G & E cv pt (5) IOI ColOll & Gasvte., 1 Colon Oil.... eer 1 Comstock Tunnel.. 3 Comwith & Sou war 18 Consol Copper...... Cons Gas Balt 3.60. = Saa B Cosden Oil. Creole Petrol Cresson Cons. Crocker Wheeler Crown Cork Intl A. Cuneo Press (2%) . Cusi Mexicana Min Darby Petroleum. . Davenport H (2) Deere & Co. . De Forest Radio... Driver Harris. Duval Tex Sulphur. East G & Fuel Asso East States PwB. . East Util Asso (2). | East Util Assocv.. Kisler Elec Corp. .. Elec Bond & Sh, Elec Bd & §h pt (5) | Elec B&S pf (6).. Elec Pwr Asso (1). Elec Pw Asso A (1) Elec P & L op war. S Do e i 1 0 0 0 20 O 23 B 00 Elec Sharehld pf a6 Emp G&F cm pf(7) 504 Emp Pow pt (2.24) | Europ Elec deb rts. | Fajardo Sugar. | Fiat receipts. . “| Ford Motor Can A . | Ford M Ltd.... . ' Fox Theaters (A).. F) e [ pororep @ 2 - paaoNar | Gen Theat Eq cvpt. | Georgia Pw pf (6). Glen Alden Coal... | Geldman Sachs. .. | Goldfield Consol. . . » = [5%- 40 45 15 - il Gt Atl & P Tea 16342508 110 | Gt A & P Tea pf (7)180s Guenther Law (1).. 1 Gulf Otl of Pa. 115 1 | Hall Lamp. 2 | Hartford El (2.75). 258 | Hazeltine Corp 2 Hecla Mining. 2 5 1 Washington Produce Butter—One-pound prints, 93 score, 22; 92 score, 21; lundnrd.s 19; tub, 93 score, 21; 92 score, 20; standards, 18 12Eggs—!!fl.mery, 14; current receipts, Poultry, alive—Turkeys, young hens, 18; toms, 12; old toms. 12; crooked breasts, 12; Spring broilers, colored, 133 to 2 pounds, 20; Plymouth Rocks, 2 to 2! pounds, 23; Plymouth Rocks, 3 pounds and over, 25; Leghorn broi 1% pounds, 17; 2 pounds and over, : hens, medium, 15a16; large, 15a16: Leghorn hens, 13al4; roosters, 8; keats, young, 40a50; old !0;40 Winter chickens, 18a20; stags, 12. Poultry, dressed — Turkeys, young hens, 21; young toms, 18; old toms, 15; crooked breasts, 15; Spring broilers, colored, 113 to 2 pounds, 23; Plymouth Rocks, 2 to 215 pounds, 26: Plymouth Rocks, 3 pounds and over, 2! broilers, 113 to 2 pounds, 20; 2 poun and over. 22; hens, medium, 18a19; large, 18a19; Leghorn hens. 15al8; roosters, 11; keats, young, 60a70; old, 30a40; Winter chickens. 21a23; stags, 15; Long Island ducks, 15a16. Meats—Beef, 11a12; lamb. Spring, 11; pork loins. 1lal2: 3; smoked hams. 15a 16; smp bacon, 15a16; lard, 7; com- pound, 6'5. Live stock—Hogs, light and medium. 3.20a3.60; heavy, 2.7583.35; pigs. 3.00a 3.50; roughs, 15022.50; calves, 3.00a 5.50; lambs, 4.0087.00. Fruits—Watermelons, 35a75: canta- loupes, jumbos, 4.50a5.50; standards, 4.00a4.50; pony, 3.50a4.00; strawberries, 2.50a3.00; cherries, 2.25a4.00; apples, bushel bn.skel.s, 75a1.75; fancy box stock, .25 ; 3.5004.00; pineapples, mpes Almerias. 3.00; alliga- tor pears, 3.00; oranges, California, 3.00a 350; Florida, 3.50a4.00; lemons, 6.00a 650 limes, per 100, 2.00; bananas, 1.25a 200 honeydews, 3.25a4.00; grapefruit, g 025.3 50; rhubarb, per dozen bunches, Ve[etlblel—?fltlm&. new, per barrel, 100-pound sacks, 1.25; 2.50a2.75; sweets, per bushel, 75a1.00: tomatoes, lugs. 3.00a 3.50; repacks, 3-pan crates, 2.00a2.25; peas, 1.00a150; string_beans, 1.00al.50; limas, 4.0025.00: squash, 3.00a3.50; egg- plant, 2.00a2.50; carrots. 3.50; beets, per 100 bunches, 5.00a6.00; turnips, 75; as- paragus, 2.50a3.25; cucumbers, bashel baskets, 2.00a4.00; spinach, 75a1.00; kale, 40850; mushrooms, 50a1.00; 00 4.00; arti 2.25a2.5¢ Idaho bakers. cauliflower, squash, yellow, 1.25. Market Averages By the Associated Press. ExSautton. y £EsdeEthEsnd 2 (Copyright, 1932, Standard Statistics Co.) % | N Y Shipbulld. NYS . | Shattuck Den Min. . Stock and Dividend Rate. m- High. Low. Close. Hygrade Food..... 2% 2% Imp Ofl of Can 50c.. ™% Ta 1mp Ol Can rg 50c. ™ % Ind Terr 1 Oil A.. 214 Ind TerrI1 Ol B, 2% InsCoN Am (2). 26% Int Cigar Mch 2%4.. 18% Iat Petrol (1)..... Int Superpower (1) IntUHIB Interstat Interst Pw Del pf 7 1( Jonas& Ncmpf... Libby McNeill & L. Lone Star G (b4c). Long Island Lt 60c. Long Isl Lt pt (7). Mapes Con Mfg(t4) Mass Util Asso. Mayflower Asso| Mead Johns ('l%). Mem Nat Gas (60c) Midl West Utilities Mock Judson Voe. . Mo Kans Pipe L... Moh Hud P 1st pf 7 Mountain Prod 80c Murphy Co (1.60).. Natl Aviatiol NatBnd & 8k (1).. Nat Dairy pf A (7). Natl Fuel Gas (1). Nat Sve Co pf (h3). Natl Sugar N J (2) Nat Union Radio. ... Nevada Cal El pf 7. Newberry JJ1.10. New Bradford Oil. New Eng Pw pt (6) New Jersey Zinc 2. Newmont llnln. . Brammni B Eoe s TPV ISIOINGS-JUY § N & Sal - o k] - g PR e -1 2 5 m (2.60).. Nlulrl H Pw(40¢c) HPwAwr... & Sh, Md B b5 %, Niles-B-P'nd (80¢). Nipissing. . Nor Am L&P (147 ) Northern P L (50¢) North Sta Pw A (8) NorthInd PSpf 7. Northwest Eng. ... Pac G&El1stpf 1% Pacifi West Of1 Pandem OIl Pantepec Ofl. Parker Rust P Penroad Corp. .. Pet Milk pf (7) Philip Morris(new) Phoenix Secu pf(3) Ploneer Gold (12¢) Pitney Bowes b4 % . Polymet Mfg. . . Prudential Inv. Prudential Inv p! PubUtil Hidx w Pure Oil pt (6) Radio Prod. . Relter Foster Republic Gas Roan Antelope. Roo- velt Fleld. @ S_e [N TSTORE OIS FOTRY SO E Sa 9 SO AT h B BN D e D s s D 'y P er. Ruherold Co u; 8t Regis Paper. Balt Creek Prod (1) Seaboard Util (28c) Secur Allted (1). Seeman Bros (3)... 1 Lock & Hrd. . Seiberling Rubber. Selected Ind Selec Indal ct(5%) Sentry Saf Control. e Shenandoahpf.... 17 7 Singer Mfg Co (8). 1290- 80 Sisto Financial Smith (A 0). South Penn O SouCalEdpfA1% SouCalEd ptC l!i 8o Colo Pw A (2) Southwn G&E pf Stand Oil Ina (1).. Stand Oil Ky (1.60). Stand Oil Ohlo 3% . Stand Pw & Lt (2). Stand P&L B (2)... Stromberg-Carl. Swift Intl IN). . 1 | Swiss Am El pf (6) 50 Tampa Elec 2. Tastyeast. Tech Hughes (60c) Texon Ofl & Ld (1). Tobacco Prod Del. . v | Todd Shipyara (2. TransLuxDLPS. Tri Sa G p27 9-10c. United Corp war. .. United l’oundlr United Gas. .. United Gas war. United Gas pf (1).. Unit Lt&Pwr (A).. United L&P pf (6 Utd Milk Prod United Milk Prd pt Unit Shoe Mch 23 . 7 U S Elec Pwr ww. . U S Foil Co B(30c) . US Fin Holding. .. United Stores vtc. . Venezuela Pete Vick Finane (30 Walgreen Co. 2 Wenden Copper...... 10 w % est Cart pf (6)... 2008 51' 50 Woolwth Lt ks %o 20 9. 9n Dlrvlflenl Tates in dollars IM on last acter] ) fixv«aenu' Teartly m'x':"" in st r #as A—I15 ICURB STOCKS SINK INHEAVY SELLING Public Utilities and Food Groups Show Largest Number of Losses. BY JOHN A. CRONE. Special Dispatch to The Star NEW YORK, May 25—Stocks de- clined on the Curb Exchange today under the weight of increased offerings. Special pressure again was in evidence in the public utllity and food divisions, but virtually all sections touched new lows. The oils. perhaps, were the single oxcepfl'n in this respec Eo pect, but they, too, Electric Bond & Share common an $6 preferred early entered into new n:] territory. were followed by Asso- ciated Gas & tric, American Gas & Electric, United Light & Power A and Igg;?r utility leaders. Standard Ofl of s:rv?um was off slightly, as was Cities Electrical output figures for the las week, as had been forecast, were do\u: 12.7 per cent. The biggest decrease was shown by the Central Industrial Region, which was down 16.4 per cent, and the smallest by the Pacific Coast Region, off 9.2 per cent, while the Atlantic Sea- board Area declined 99 per cent and the Chicago district 13.6 per cent United Gas common and p-rrrv-»d sold off, although its annual report just published was no worse than had been expected. Lone Star Gas rallied a small fraction as the company announc- ed that since the first of the vear its bonded debt had been reduced by $780,000 and its bank loans by $1.325.- 000 and that it had increased cash on hand by $400.000. Parker Rust Proof broke 8 points during the first hour. Motor shares softened despite stepping up of produc- tion at the various Pord plants. Nor was Ford Motor, Ltd., bettered by Berlin cables relating that Ford of Germany was introducing the two new models at lowered quotations. —_— Retailers of necessities in Hawaii are | doing more business than a year ago. — NOTICE TO HOLDERS OF CORPORATE TRUST SHARES (Originel Series) Besrer Exohange Warrsnts, evidencing the right of holders of old series Carporate Trust Sbares to axchange for Corporate 1 rust Shares, Acsumulative Series or Series AA, ey Authorised under- .@l-flll—fl—dbalAm 1sed Dwmnbuiors. Bearer Exshamge Warrants, together with the Fight xpressed tharein, axpioe Jane 5. 1932 American Depesitor Corporation Depontor 190 Wall Serees, New York Real Estate Service Si FIRST MORTGAGE NOTES Maximum Safety and Yield From ce 1906 = rst Mortgaie Loan App]icntions on Residences Invited at 6% Glover &? Flather 1508 H St. N.W. National 1753 F CHICAGO STOCK MARKET CHICAGO, May 25 (#).—Followi: fio;l}s‘e i::nm!%l:k‘: ofld;l list of tnnncn‘ B on the Chict Exchnnge today: e Sales STOCK. 2n Am Pub ser »f. 1300 Bendix Av High. Low. Close. Sle Bly B Gt Lakes Dredge . .. 530 Grigsby-Grunow 50 Print . 100 Houd-Her B 600 Insull Util 0 No' West Ut 50 Parker - Pen . 10 Pub Ber. /. 100 fodi Bond sales today—$38,000. — BALTIMORE STOCKS. Bpecial Dispatch to The Stas BALTD‘ORI, May 25.— Sal STOCKS. 153 Arundel Carporation ... s 225 Black & Decker 3C & P Telephone Baito ‘pid 496 Consolidated Gas com 28 Consolidated Gas 5¢, cum 35 Emerson Bromo-Seltzer A 264 Pidelity & Deposit Co. 100 Pinance Co of America anufacturers Fin Co com 114 Manufacturer: 40 l'llr!llllll Ca mste: 15 Pa_Water & Power 1740 U 8 Pidelity & Gua: mvmmnnumum] SAVE for Emergencies During this terrific economic upheaval, one cannot be too will soon accumu- a sum sufficient to protect one's future. Open Daily 9 to 5 Saturdays Until g Noon : 4 PERMANENT BUILDING ASSOCIATION 04,0‘959 9% ST. NW& A Generous Return on Your Investment Combined with Safety, when you BUY OUR FIRST MORTGAGE . NOTES Secured on new brick homes in preferred morthwest resi- dential sections. Every mort- gage protected by fire insur- ance and title guaranteed by responsible title companies. Conservative Appr: Is Insur- ing Absolute Safety IN DENOMINATIONS OF $250 and upwards BOSS & PHELPS 417 K St. Realtors. National 30