The Los Angeles Times from Los Angeles, California • 20

MAY 9, 1939. PART I. 18 TUESDAY MORNING. DAILY EASTERN CITRUS MARKETS BY THE ASSOCIATED PRESS Carlot shipments ot California citrus, compiled from railroad passing reports COMPLETE N. Y.

STOCK QUOTATIONS louows: MARKET AVERAGES STOCKS NEW YORK, May 8 Today's stock market averages: STANDARD STATISTICS CO. Copyright. 1939, by Standard Statistics KFW YORK Mav iJPiFol Sale (in iLW lUUtv, Mdi o. ysri rui 1QOs) High Net close change CENTRAL CALIFORNIA Oranges Lemons 5 29 0 to date "185 165 season to 9668 28 Sales (tn lOOsi High Low 115 i Otis Stl. Gl.

1 4 8'. 8'a 55 55 lg lor tne exenange, were given as SOUTHERN CALIFORNIA Oranges Lemons May 5 193 69 Season to date. 21, 678 6096' Last season to date 20.502 5555 Net change -f California oranees were steady middle western auction centers May Season Last date is me complete usi vi du.U. pi 5.30 115 ii5! Closing average transactions today on the York Stock Exchange: and le mone were steady to higher at eastern and yesterday. Sales totaled 101 cars of oranges and 39 cars of lemons.

14 Fast. Air L. 21' tisx. Roil. M.

6 14 4' 4' Kod. 6 Do. pf 6. 15 151 149', Il 1(5 175 High Low SO Industrials 20 Rails 20 Utilities 90 Stocks NEW YORK 20 40 -20 05 168 95 163 01 93 67 92 53 25 Rails 25 Industrials 50 Slocks 8', 55 'a 303, 30 'a 30 '2 453, 45J. 45- 10'.

10s, 105, 125 215 KS 3'i 33, 3'j 11. 11 'a 11 '2 83. 8', 8'. 934 934 934 Is. I5.

1'. 4134 41 34 4134 Monday Saturday 205 45.4fc 103 22.7 Net change- -1933- Last 108 9 26 6 65.1 69.2 TRIES 20 26 166 02 93 14 High Low 130 3 34 7 73 105 0 2 10 190 61 108 35 154 85 34.33 26 52 51.89 98 8 23 8 59 0 80 8 1 18.42 153 20" 85 81 .1 .1 .16 37 .26 07 .20 .12 .10 121 01 23 98 20 54 40 23 99,300. 16.400. Total, NORTHERN CALIFORNIA Oranges Lemons May 5 0 Season to date 126 61 La; season to date 139 9 ORANGE3 LEMONS aoove Graded above choice 3.S.511 4 20 3 7514.25 4.35 3.85 4.70 3 75 4.254.70 3.35 0 4.40 choice Choice 2.30 2.75 2.55 2.60 2.45 Choice 2 85 3.55 3.204' 3.65 3.00 'a 3.55 3 153.40 3.203.35 3 10 ft 3 45 2.45 3-85 4 30 Blue Circle. AFG, Riverside 2.85 lollows: higher.

GBA. extra choice. High land 2.70 'st 4.35 3.50 'ti 3.10 J5 2.85 2.90-i 3.45 3.00 2.703.15 2.75i3.r0 Advances Declines Unchanged 173 28.6 Issues 604 1939 highs. 4 1939 lows 7 Hourly volume 182 30.1 249 41.2 DOW-JONES" 132 22 130 TO 131 67 26 87 26 43 26 68 23 08 22 83 22 98 44 31 43.77 44 10 Eaton MI. It 2 M.I.

3 22 22 2 28 11 7 23'. 25 33 SN.ALile 8 Ei. Boat 11 Pw. Lt. 8 I Do.

S6 pi 1 I Do. pf 5 iF, P. O. 2 4 28 '4 10 7 23'. 25 33 144 31.8 452 2 38 38 DO.

pf 5 .70 106 106 1 Eiu. Pub. St. 25 1 1 lEa. Off.

Bidg. 1 First hour, Eur. Vac. 1 3'. 4 72 1 2 5'.

74, 17 8'-, 72 1 2. 5'. 7' 2 17. 90.000; -odg' 2'i The price range per box: V. i Va Graded Chicago Baltimore New York Detroit Philadelphia Cincinnati Boston St.

Louis Pittsburgh Cleveland 2.8C 2.90 2.60 2.65 2 90'" 2.7511 2.70'n The average price by size of given by the California Fruit Growers' 150s. 3 14; 176s, 3.07 200s, 2.94; 392s, 2.82. Carlot sales box were ported to the California Fruit Exchange on its own brands and to 30 Industrials 20 Rails 15 Utilities 65 Stock Shares Industrials, rails. utilities, HOURLY FLUCTUATIONS Sunkist oranges at representative auction sales was Exchange as follows: 3 46; I26j, 3 18; 220s. 2.83; 252s, 2.79; 2.82; 344s.

2.83; re- Industrials. Rails. Utilities. 63 Stocks. 26 76 23 05 44 .18 26.90 23 03 44 18 26.64, 23.01 44 03 .26 61 22 95 43 93 26 66 22 93 43.96 PRESS Growers' the i 80,000 shares; second, third, fourth, 00,000.

1 Fa j. Sug. lg. Fed. M.

Total sales Monday, previous day, week ago, Fiimtot'e 1 year ago, two ft- Open 11 am. 12 a m. 1 p.m. 2 p.m. Copyright.

1939, by i 30 Industrials 64 8 63 9 15 Rails 18 0 17 7 15 Utilities 38 0 35 8 60 Stocks 45 7 45 2 131 83 131 68 13139 131 08 131.15 ASSOCIATED Net Close change Sales (in I00s High Close Superior Stl. Suih. P. Swift Co. 1.20 Swift Infl 2.

xw 12 34 18'. 74 4'. 4'. 38 -1. 4-.

8 8 6', 34 15 12'. 12s. 39 534 834 3'a 19'. 2'a 24 9 1 4 Tenn. Corp.

1 Tex. Corp. 2 14 Tex.G.Pr. 3 Tex. G.

Sul. 2 1 T.P.C.&O. .40 2 Tex. L. Tr.

7 The Fair pf. .40 4T, 4L. 28 7'. 634 34 15 21 12 12 39 o3. 8-4 3'a 19T.

2'a 24 834 41. 38 4i. 28- 7', 63,, 34 13 21'. 12'. 123a 39 55.

834 3', "19', 2'a 24 83i Thermoid pf .10 16', 2'. 9'. 9, 82 34 3'i IT. 29 'a Thomp.Pr. 2 8 3 2 9 1 5 1 2 Tide-W Oil 1 Timk.R.B.

'ag LTransamer. a. Trans. w.A. Truax-Tr.

C. Tw.C.-Fox 'ag Twin C. R.Tr. 34 'k 20 'a 634 32 34 80', 34 88 2' 35 '4 63.4 3i 3 52 5'a 1834 9. 7', V.

54'. Do. Pf Twin Coach. .10 Union Bag 8 Un. Carb 11 Un.

Pacific 6 1 Do. pf 4 4 Un.T.Car 1.20 5 Unit. Air 2 Un.Aircr. 3g 15 8. 74'.

93 5 83 20 'i 10'. 37'. 73', 93 82 '-4 20 '4 10'. 37', Unit.Bisc. 'jg 1 17 173 DO.

pf 7 .10 118'a 118'a 1 14' 14' 14 113'a '2 United Corn. 7 Do. pf 13 United Drug. 4 Unit. Dyewd.

1 Unit. El. Coal 3 Unit. Fruit 4 2 2-a 34 lj 6 5 4'i 72'. 2'a 34 5'a 5 72'.

241 351. 134 2M 119 263i i 14 'a United Gas 1 9 123 12 Do. pf 5 1 115la 115'a 115V, U.S.Distrib. pf .50 U.S.Gypsum 2 1 U. 8.

Pipe 2 1 U. S. 7 U. S. Rubber 61 Do.

1 pf 8 53. 84 '4 40l, 4 381 97 5 5 84', 404 3', 37 '4 96', 84 'i 4 38 'a 96 U. S. Steel 102 45-, 46 Do. pf 7 U.S.

Tob. Do. nf 134 8 110 8 3434 108 '-3 1 093i 34 3434 .10 45 45 134 71'. 45 Unit. Strs.

A 1 1J4 71' 29 19'4 39'. 23! 3 22 134 71V4 Unit-. L. T. 4a V.

Rsalte lg 1 Vanadium 1 Vick Ch. 2a 1 Vict. Ch. 4g 3 Va -Caro. Ch.

8 Do. Rs 13 29 29 19'4 19W 39', 3', 23 23 '4 2'. 3 21 21 34 31 la 123, 25'i 18'. 27 4 4'. 8'.

73 '2 933, 83 20', 37 3 4 173, 34', 4li 72'. 12i. 27 96' i 20 43 19 28 Vj 2 27 96' 20'. 45 19 4 28' 2 23 106 17 20 10S 17 20 Associated Press on an others as PHILADELPHIA Navels were "i Lemons were- higher. Sales; Six oranges, seven cars of lemons.

NAVELS' Pinnacle. OK. Sunkist. Upland Paul Neyron. LAV.

Sunkist. La Verne Kcnilworth, RIV. Sunkist. Quail. OK, Sunkist, Cucamonga Ambrosia, OK, extra choice, Cuca- monsa Quail.

OK. Sunkist. Cucamonga V. l'a V4 cars vears aso." 86,863.595. Jan.

1 to.t? 64 3 .1 77 0 58 8 18 0 1 23 8 15 7 36 40 0 33 7 45 9 53.4 ,416 LONDON FINANCIAL TIMES Industrials 96 9 4- .5 105 3 91 4 Rails 44 4 1 2 46 4 35.2 BONDS NEW YORK. May 8. Today's bond market averages: 'a. .10 date. 86.773.965: year ago, 'roster whir? Do.

pf 4 384; two years ago, 199,340,505. Sul- 14' iPac. 2 7 Pac Light. 3 1 Pac. Mills 1 Pac.

T. T. 134 30 Packard Mot. 18 Pan-Am. 5 Param.

Pict. 12 Dx 2d Df .60 1 4' 150 175 2 "a 28-, 7 23 25 33 Vj 38 1 Park Utah P. Davis Parker Rust- Pr. 1 Parmelee Tr. Pathe Film Pattno M.

fc Penney 3ig Cement 161, 2'. 9'4 9 8234 3'4 17'. 29 'a 34', 20 63i 33'. 80 '4 90 35', 634 3V4 52 534 IB3, 9a 8 16 2'. 9 9 8134 3'i 17s, 29 '2 34 'a 20 64 32', 80', 88 35 'i 63, 52 5 18 'a 9s.

7'. I06V. 9 72 1 3, 2. 4. 5'-.

17 Pa. R.R. 'je 14 Pto. Drusr l4g 2 Peoples Gas l'2g 1 Pere Marq. pf .40 Pfeiffer B.

3 27 96 20 45 i 19 28 'a P. Dodge 'its 11 Ph. Co. pf 6 1 Ph. Morr.

3a 17 Phillips Pet. 2 5 Pierce Oil pf. 1 Fitts. Coal I Pitt.Coke pf 5 .10 Pitt. Screw 5 Plyin.

Oil 1.40 2 Poor Co. 1 Press. Stl. C. 5 2 23 106 17'i 20 Vi ProcterG.

2a 8 55 V. 54' Do. pf 5 .1.20 113'i 113'. P.S.N.J. 8 35 la 3 i 11 44 8'i 10'.

20'. 34 V. Do. 8s pf 8 .30 lo4 Do. 6s Pf 6 1 119 Pullman 10 26 'a Pure Oil 8 8'-.

Pur. Bak. 6 14 3 154 119 25 8 14 'a 43 116 81 Vi "vi 118 443, 124 5'4 8' 4 16', 2 18'i ii 19'2 ''4 9'2 573, 234 163 3', 163. 26 3. 'i 34 5', 1, 13'i 12'.

20 4 133 1, 29 18 V. l'i Radio 36 V.f. 1 Rayonier Inc. 1 Rem. Rd.

3 6. 17- 9 la 11. 11. 13'. 11 '2 9 37 1.

8 6 'a 14 2 21 36', 6a 17 9'i Ilia 1 15 '2 114 834 37 7'i 6'a 141.2 21 35 '2 105'a Reo Motor 20 Republic Revere Rcyn. Metals Rcyn.T. lg Richfield Oil. Ritter Dent. Roan C.

Ruberoid 14 3 3 5 5 10 3 1 Safew.Str. 19 St. JosLd.Ug 1 31 'a St.L.-S.F. pfd 2 IV Schenley Dist. 1 133-, Schulte 7 3 Do.

pf 4 3 Scott 1.60. I 47 'i Seab. Air 22 Seab. Oil 1.. 5 18 Va Seagrave 2 2'a Sears R.

3 23 70 31Vi 1''. 1334 5 47', 1R'. 2'a 69 Vi Vi STANDARD STATISTICS CO. Copyright, 1939, by Standard Statistics Odd-lot transactions for Satur- cbri oo. a i day, May 6-Purchases, 30,441 shares on 1193 orders; sales, agist 3 147 shares on 1097 orders.

I Geni Cig. ag 1 'Gen. El. 73 Gen. Foods 2 9 2 II 44 8.

10 201-. 34 s. 43 2 11 44 8 10 20'. 33 42 116 118 Quail. OK.

Sunkist. Cucamonga Redlands Best, RH, Bryn Mawr Blue Circle, AFG, fancy. LEMONS San Antonio Blue, fancy. Vi Blue Circle, AFG, fancy, San Fer li nando Honeymoon, AFG, choice, San Fer nando Welfare. OF, Sunkist, Glendora Dixie.

GF. Red Ball, Glendora Three Star. WD, Sunkist, Whittler of Sweetest Yet. THP. fancy.

Redlands Halfmoon, CMB, fancy. 2.55 2.45 LEMONS Gold, OR, Sunkist, Park 4.30 Santa. VC. Sunkist. Limco ,4.30 3.00 2.

Wo 2.95 3.35 2.60 3.00 iuhh waveis 200s and larger firm condition were steady: balance were lower. Lemons, especially good condition, were higher. Sales: Thirty-one, cars 01 oranges, thirteen Cars of lemons. NAVELS Pinnacle, OK, Sunkist, Upland 305 Redlands Best. RH, Sunkist, Bryn Mawr 3.10 Altura, OK, Sunkist.

Rialto 3 40 Viking, OK, choice. Rialto 2.55 Altura, TI, OR, Sunkist, Rialto 3 20 Rubidoux. AFG. fancy. Riverside 2.85 Victoria.

RIV, Sunkist. Casa Bianca 3.15 Golden Rule, RIV, Sunkist, Riverside 3.10 Goiden-Rule, Malta Bloods, RIV, Sunkist, Riverside ibalvesi .1.25 Heart of Gold, RIV, Sunkist, High- srove 3.05 Golden Rule. RIV. Sunkist. Riverside 3 10 2.90 3.00 2.60 3.15 i.

13 3.85 3.35 3.85 Golden Rule. Ruby Biootis. RIV. Sun- kist. Riverside fhalvcsi 1.30 Mahala, RIV, sunkist.

Cerrito. RIV. Sunkist. Hisinrove M.xn.Mon of Piru, VCE, SunklJt. Pint.

Weaver of Piru, VCE. Red Ball, Piru Red Skin RH. Sunkist. Rmlto Mahala, RIV, Sunkist, Highsrove Cerrito. RIV.

Sunkist. Hiaherove Orchard. RIV, Sunkist. Riverside Standard. RIV.

choice. Riverside Mahala, RIV, Sunkist, Hishgrove- 3.45 3.03 3.C3i 2.601 3.1-3 3 35; 2.90 3. IS V3T DO. Pf 4V. 1 A (Gen.

A 4 Kt luefl. MIS. A i Dl 81 no nf ft on 1191 11a High Low Last change High Low 20 Industrials 84 4 4- .1 88 0 83 2 20 Rails 54.7 64 0 52 2 20 Utilities 100 7 101 9 98.7 60 Bonds 79 .0 84 6 78 3 NEW YORK TIMES 40 Domestic 71 08 74 31 69 08 10 Foreign 73.20 4- .05 82 39 71.38 DOW-JONES 40 Bonds 88 49 .04 92 22 87. 0 ASSOCIATED PRESS 10 Low-yield Issues Ill 5 Ill 8 110 3 43'i wost hihk Gen. Mot.

62 44a 6a 17 9ia 11 Va 1 15 'i V4 8J4 '4 37 34 73i 6'i 3, 14 '-a 21 36' 4 -flli 105'a 35 35 2 7'. 7 'a 22 22 43 48 a-, a4 8 8 Two Crown, WD. Red Ball, 3.20 Gold Stripe, VCE. Sunkist. 4.00 Red Stripe.

VCE. Red Bali. Keitn 3.30 Galleon. VCE. Red Ball, 3.

it) Seaboard. VCE. twnkist, 4.70 Strand, VCE, choice. Oxnard 3.2a Cutter, VCE. extra choice, Oxnard 3.20 Gold.

OR. Sunkist, Villa Park 4.45 Comet, OR, Red Ball, Villa Park 3.30 CINCINNATI Navels were easier. Lemons were feeling better. Sales: Four cars of oranges, three cars of lemons. NAVELS 4- Cock Robin.

RH. Sunkist, l' 3, 4- 4- '4 4- 4- 115 115 1H 7 7 4- I I SAN FRANCISCO FRANCISCO. Mav fyjl Following SAN FRANCISCO. May 8. Following I Is the list of transactions on the San I Francisco Stock Exchange today (close-3 omitted when same as low and both low and close when same as high:) Sales High Low Close Calif.

Pack. Dfd. 20 51 li Wat. Ser. pfd.

10 100'i arau" "in l. jui .37 .38 Cons. Ch. Ind. A 100 17' Crown Zeller.

pfd. 79 14s. 82 '2 5', 6'a 7', 42 19'a 40' 2 40', 3 6'a 9', 15 'Hi 10 303, 40Fmpor. Cnpaell 100 riiriimii r. ma.

General Paint irXiGIedc. McBean 200 180 201 100 200 10 1800 200 100 100 500 10S 100 300 5 Golden Stste Hencock Oil Honolulu Oil Lane. Un. Bak. pfd Le Tourneau 29 2 90 30 Menasco Mfg.

Nat. Auto Fibr. Natomas ocetdent Pete IPac. Amer. Fish.

i Pacific Can par. Gas Elec. 30 "4 Sales (in 100s) Acme Stl. 1 Adams E. Addresso.

1.40 Air Retiuc. la Air-Way El. Alaska Jim. 1 Allejhany Co. 11 Do pfMO ww 7 Do.pf.S40 ww 1 Stl.

Al. Ch.iD. 6. Allied M. Allied 8torcs.

2 16J4 2 163 3 I IV, 3 73.4 7 34 Allis-Ch. IphaP.Cem.'ai 1 62 17 12'. 5 '-2 364 170', 20'. 17'4 100 8' 3'4 Amerada 2. Am.

As Am.Bk.N. Am. Bosch Am.B.Shoe Am. Can pf 7 Am. C.AFdy..

Am. CMC. Do. pf 5 Am. Cry.

Eng. 1 Am. En. Til. 4 re.

i Do. 87 pf 2 15 Am. H. 4 4'. Am.

Home 2 40 1 46 Am. Ice 1 2'a Do. Pf 1 18'2 Am. Infl 1 4 Am. Loco.

17 '-4 Am. M.F. -80 7 12 Am. Met. 2 27i Am.

News 2.30 24 'a Am. P. Lt 4 4 'j Do.Srtpfl'sk 1 D05p(l'4lt 1 34 Am. Radiator 69 12 Am. Ft.

Mill 8 14 L4 Am. 1 40 42 Do. pf 7. 1 131 1. Am.

S. Fdrs 3 23 '2 Am. Stores 2 9 Am. Sug. Pf 7 1 8H nun 33 7 22 50 8'j 174 17'i -42'.

42'-. 5', 51 2 2 4- 5 2'a 2'il 25'. 26 24 '4 24'i 4. 21 21 89 89 121'. 4-114 "a 114 '2 Redlanas.

RH, choice. Kedianos Z.4.-1 Volunteer, SA. SunKist, North Pomona 2.75 Tradewin. AFG, choice, Pomona 2.30 Laddie, choice. Highland 2.85 LEMONS Index Supreme, MOD, Pure Gold, Des Moines 2.45 Index Goldenrod, MOD, Silver Seal, Des Moines 2.25 Wonuerijiio.

SDF, Sunkist. Escondido 3.5 El Memo. sunkist, Santa Paula 3.7j Superoa, VCE, choice, Santa 3.30 BOSTON Navels 176s and larger were strong; balance were hisher. Lemons to 360s were higher; balance were steady. Sales: Twelve cars ot oranges, two cars of lemons.

NAVELS Prlscilla. OK, Sunkist. Highland 11 'i 1334 V4 5 Vi 47'i 1 18 2 "a 2'a I 70' 14 '4 12 3'. '4 QH 36 4-1 'a 11'. 104 '2 a 61.

21' 234 104 1 15 ll'i '-4 1934 135 1 25'i "4 12 143 20 'a 50 2 42'. 16 'n 3, lll-a 67 i-i 20'i 6 103 'i E.A-P $6 pf fi .10 115 Va.Ir.C 4rC. pf .10 7 Walereen 'ag Walker. H. 4 Walworth Co.

Ward Bak. Warner Warren Bros. War. Fdy. lg Wayne P.

'3g 17J4 42'. 5'4 2 5 2'i 26'. 24U 21 Wess. Oil '2a W.Pa.El. A 7 .10 89 W.Pa.P.7spf 7 .20 121', Do.

6s pf 6 .10 114 W.A Sup. 65g 8 West. Pacific. 1 Do. pf 1 West.

Un. T. 12. West. Air '4g 1 West.

El lg xd7 Westv. pf'l'i 1 Wheeline 7 White Motor 16 White S.M. pf 1 Wlllys-Ov. II Wilson Co. 5 Woodward Ir.

1 28'a 18'. 20', 91 30 20 9a IS1- 2 33i 17'a 44'4 13 s. YZ 14', 35 74 16s, Woolwth. 2 40 33 Worth. 1 Yellow Trk 24 Yntsst.

Sh.A-T: 18 Do pf 1 Zenith Radio 8 Servel Inc. 1. 2 14'i Sharon Stl. 1 12'' Sharp D. 12 4 Shattuck 40 2 93a Sheaf.

P. l'4g .10 36 Shell Un. 2 llli Do. pf 5'a 3 10." Silv. King C.

1 61. Simmons 2 21' Simms 1 2V, Sioss Stl pf 6.1.10 104 Snider Pack. 1 15 Socony-V. 29 11', So.P.R.S. 2g.

6 lfl1. Do. pf 8 .10 135 S.Cal.Ed. 2 25', Sou. Pacific.

13 123, 14'. 12 '4 3'. 9 3fi ll'i 104 'a 6 V. 21'. 23, 104 15 ll'i 19li 135 25'.

14' 1934 50 9 42 3, 16 '2 11. 67 20'i 6 103 4 34 3 16 263i 24'. 46 73 8' 103, 'a 7', 2'i 34 '2 10 '-a 20 63. i 75 2'i 11' 12 '2 35', 29 1, 11' lOS'i 2's 534 43'a 11-4 30 5'i I5. Southern 13 14'a Do.

pf 15 20 '2 SoaWg. lft Pi .20 50 Spsrks 1 2 Sperry 1.60e. 10 42T, Spicer 4 16'4 Spiegel 12 HVi Do. pf 4'a .10 67 Square 3 20 'j Std. Brds.

l4g 20 Do. Pf 4'a. 2 103'4 19 '2 10 '4 4 24 8'. 2 Std. Com.

7 Stand. Gas 2 Do. $6 pr.pf 2 Do. $7 pr pf 2 Std.Oll Cal.la 15 Std. Oil Ind.

1 11 19 '4 l3i 3 13 163,4 26 'i 24'. 46 '2 73 8'i 10'. 634 7'. 2'i 167 '2 1 58 47', 8, '1 31 434 50', ia 32'i 6' li 6, 10', 8', Std.Oil N.J.la 18 Sterl. Pr.

3.80 Stewart-W. Stone At Studebaker Sunsh.M. 40g Superior Oil 2.85 t-ernto, riv. Bunkist, Hishgrove San Dimas Supreme, SD. Sunkist.

San Dimas Pet. SD, Sunkist. San Dimas Golden Cross. OK. Sunkist.

Rialto Beauty. RH. Sunkist. Solendor, ST. Sunk'st.

Mission 3.35 aa, rh. sunkist. East Highland Royal Knlsht, RH. Sunkist. Redlands.

2.60 nituia, uiv. ouuKist, maito 3.05 Fontana Girl. RH. Sunkist. Fontana.

3.00 tunny Mountain, RIV, Sunkist, High- grove Cerrito, RIV. Sunkist, MahaU. RIV. Sunkist, Hi-hsrove Pinnacle, OK. Sunkist, Upland Pinnacle.

OK. sunkist. Golden Cross. OK. Sunkist.

Upland Old Baldy, OX. Sunkist. Upland Excel. OK. choice.

Upiand Victoria. RIV. Sunkist. Casa Bianca Rialto. RIV.

Sunkist. Caa Bianca 3 05 3.15 2.40 3 05 2.M i 2.90 uey. si. San Rialto. RH, Sunkist.

RiEito LEMON3 Progressive. Q. Sunkist. Corona 3.4j 2.30 1 Maduro, Q. orchard run.

Corona in i WD. Sunkist. hittier Fenn. WD. Sunkist.

Whittier l0l Pico. WD, Red Ball. Whittier "jSierr. Madre, ST, Sunkist. Lamanda 3.55 3.00 rarx 4 Canyon.

ST. Red Ball. Lamanda Park 3.55 gg Tartan. Q. Sunkist.

Corona Progressive, sunkist. Corona 4 801 w. corona 4.30 2.60 finuuiui w. ium. corona Ventop, ST.

Sunkist. Hilkrove Juicy-O, ST. Red Ball. Hillgrove Trail, ST. Sunkist.

Lamanda Park 3 6, 3.R.-1 2.a 3.35 4.35 Canyon, ST. Red Bull. Lamanda Park 3 .45 2.9a 05 00; 3.10; a'on. 3 (ja 5 Vi 1 ll J-o 4 3a 3 6a 4.10 3.90; 30 4.90'f 28'a 28'a 1R. 18'.

20 1 4 20 '4 89 904 30 30 19'i 9' 4 9' a 1S lfi'i 2 2 3, 33i 17'a 17'a 43'i 44'4 13 3, 133', 143, 14'a 34', 34', 74 74 16', 16', 25. 2. 23, Zonite Prod. 2 3 13 163- 26 "a Explanation' of symbols: Rates of In the foresoing table are disbursements based the last V. Do.

6s 1st pfd. Pac Lichting Do. $6 pfd. 45 200 300 32' 45 90 106 3. 106 IPac.

Pub. 8 T. pfd. 300 20 '4 2" 12 "a 203 5 Ryan Aero South. Pacific oo 12 4- i 4- 'i 2 4- 3, li 1, 4- 4- Jonn Aiden, Oiv.

cnoice. tiisniand Ambrosia, OK, extra choice, Hifciiland Volunteer. tsA, Sunkist. North Pomona Mountaineer, SA. choice, Orcnarci.

RIV. aunKist, Riverside Standard, RIV, choice. Riverside Oicharo. RIV. Sunkist.

Riversioe. fctnndaid. RiV. cho.ee. Riverside Uola tluckie, GBA, fancy, East Highland Blue Goose Blue Circle AFG, fancy Riverside Pine extra choice, East Highland Locmnvar, GBA, extra choice.

East riignland Rcu itaveu, P-L. fancy. Riverside Goiden Quality, RMC, tancy, Kedlands 2 California, P-L, cnoice, Riverside LEMONS Southland Beauties, Q. Sunkist, Corona Justrite, Q. Red Ball, Corona Oxnard, VCE, Hueneme Seaside.

VCE, Red Bali, Hueneme a-Also 2 3 2 3 2 DO. Pf Oen, Out. Ad. 3 Oen.Pr.I. 4 Oen.

pf 2 Ge 11. St. C. pf.70 Gen. 11 Gil.

S.R .60 1 124 124 53. 8 "4 I6'u 19 '2 lS- 6' 4 9'2 573, 1634 3'4 16'-, 263. 16'3 18 '2 19 '2 6'- 93, 574 16 3 4 3'. 16'. 2534 a lfc ij.v.

i Do. S6 pf 8 1 6H Co I3. U-Oobel (Adolf) 4 162 GtXidrich 6 ll'-2 '2g 17 734 Mot. 3 6J. 1634 162 II'.

7V 33 15 V. 61 'a 17 12 5 'i 3634 170 203. 17 100 33 2 5', 15'. Or.Un. pf 34k 1 13'.

61U 1 -GI I.Oc.3,4 2 12'. 5', 13 '4 12'. 19 135 29 17 3. 1'. 17 1 Gt.

N. Ry. pf 19 203 12. Ot.W Sua.pf 7 .50 135 5'a 3634 1704 20', 17U 100 5 8', 34 2'4 1534 4 46 2'-. 18'a 4'.

4- 17'. 12 27 1 241. 4'a 39 34 ll', 14U 4134 131 1 23 9 Green 1.60a 4 29 Greyh'd .80 14 Gu.n. Sugar. 2 18 34', 10 la 20 53, 75 2', ll3, 12', 36 '4 29 Hac Wpf Al3i .10 Hall Pis.

1 1 Hat Am. A 2 34 'a 10', 20 6 '4 75 2 '4 11 '4 12-2 351, 29 154 4 46 2'. a 18 4', 17 123. 27 '2 24', 39 34 ll3. 14'.

41'j 131 '4 22', a Do. pf 6 'j 1.20 Hnyes Body 1 Hc. Prod. .60 Here. Motor.

i Hoi, Furn. lg A Do. sch. F. pf 5 Houston Oil s.

-Howe S'nd 3. 1. Hud. As Man. 1, HB M.4S.1.! Hudon Motor s.

Hupp Motor. 9 1 9 2 2 11 '4 H'4 1 105'2 53 5-V 43'a l'i 30', 5'4 Is. 43 l'-i 30 5', ll. Indust. Rayon IiifP.

Copper, liueib. R. Tr. Inter. Interl.

Int 19 'i 10 34 43 24 9 2 19' 10' 43 24 8' 2 HH 88 81 81 5 '2 9 la 86 4'. 4', 23'. 17 '4 11234 97', 3834 7'2 273, 55', I83, 19 '-4 83 5, 9 i Do. pr. pf ilnt.Btis.M.

6a 19 'i 18'-, 1 167'-, 167 Va Int. Hr. 1.60 6 Int. Mer. Ma.

1 Int. Nick C. 21 Vint. Pa. P.

19 1, i Do- Pf 6 i. Int. Ry. C. A.

1 Do. pr 3'ik .10 1 tint. Shoe 1', 1 1 Int. T. 14 til Do.

for ct. 1 J' Inter. D. Strs. 3 Intertype 1 58 57 3 4 3li 48 8'a 31 '2 434 50 '2 32 6'a 6.

10'. 8li J-K 71 3'i 47, 8'. 30. 434 50'a 32', 6', 8, 10 4', 4', 24 4 17 '4 11234 97'i 38 34 7', 28 56 18' 19' s. 1 71 14 V.

'Kayser 1 i4 Ken. Cop. 22 Kinney iG.R.) 2 Do. J5 Pf .60 'IK Groc. 1.60 Xdl9 323, 1'-.

15'a 243. 31. 15 24 5. 51, 7 13'a 264 11'. 51.

13 '2 264 14 19'-2 11234 4- Lambert 4g Lee R.T. jg Lehman L. Fink Vig 4 Lerner S'rs. 2 1 Glass '-ie 4 Sav. 1.60 Ln.

My. 4a I Do. 4a-. i Do. pf 7 18 30 li i4 11 27 V.

434 37 1021a 104 173', 32 15 42 7s. 46' 23, 183i 16 29', 22 Vi 11 271, 42 1, 37 19 20- 20 3. 22 19'. 1 49 S534 4- 107 20 10'i 221, 1 10'a 'link Belt 'Liquid C. Loew Inc.

2 Lo(t Inc. Lone St. Ce. 3 Litmb. A Loose-W'il.

i Bisc. V2g Lorillard Do. pf 7. 21 23 20 154 102 104 172'j 32 15 42 7li 46 234 184 23 154 ronsamenra Am. T.

T. 9 14 158', 158', 158', 1- dividends gnnual on quarterly or semi-annual declaration. Unless otherwise noted special or extra dividends are 24'. 463. 73 not ii'cludea.

XD-Ex-dividend. XR-Ex-rights. 10'4 6-', 7'. 2'i extra or extras. g-Declared or far this year.

f-Payable in stock. Inst year. h-Cash or stock. dividend paid or declared this vvenare. ur, SunKist.

aiendnra 3 15 imira ain. Dtxie. GF. Red Ball, Glendora 3 00 A-M iM. Cons Sunside.

VCE. Red Ball. SanVi Paula 3.35 1 Rivrside Cem. El Merito. VCE Sunkist, Santa Paula 3 8os- Ed' ilsS Mormn Stun.

ST. otinkm Uiumn Pfd. 4.25 3.10 4.70 3.45 Am. Tob. 5 81-1 Do.

5... 9 Am. T. Fdrs 6 Am. W.

Wks 8 Do. 1st pf 6 1 Am. Woolen. 9 Am. Zinc .16 Anaconda 34 83', 51.

934 86 4'a 4', 24 3, Anch.H.G. 2 17'-4 Do. Df 62 ,10 1123 Arm. Del. pf 7 Aim.

Cork 'it Assd. D. Ods. A.r. Do.

Pi 1 Atl. Cst Line AH. Refill. 1, Do. pf 4 Atlaa Co.

"ae 97 38 s4 7 ''a 28 '2 56 18'. 19' 1 106', 1 7 600 700 3 .23 2 10 24 Yukon Victor Equip. 100 yen. At un. ser.

1 20 I nluled Securities Am. Tel. A- 10 158 Am. Toll Brldse. 500 51 Domlnsnrex Oil 50 33 32' 33 100 1000 30 100 200 6', .12 3 28 'i 2'a .11 Lecture on Market Analysis Announced Evening Star.

ST, Red Ball, Mission! I 3.50jDn"ed Cor" paid so e-Pald k-Accumulated year. ST. LOUIS Navels 220s and larger especially were lower. Lemons best wi-re un changed; balance account quality condition were lower, oales: beven cars ct oranges, two cars of lemons. NAVELS CHICAGO STOCKS CHICAGO, May 8.

Following is the 106', 106', INVESTMENT FUNDS NEW YORK. May 8. (New York Bankers' IncV Over-the-counter Atlas P. Pf 5.20 120', 120'a 71 14 "4 1 1-16 32 V. 15 'a 243.

3, complete list transactions on Stock Exchange today (close Gavilan, RIV. Sunkist, Arlington Biaclt Crusader, ACG, bunkist. Azusa Athlete, BA. tjuiuast, uiaremont bid and t-inuacie. OK, Sunkist, Upiana omitted investment trusU' closing Auburn Auto 3 2 3 Aviation Corp.

11 5-, 11 5'. 7 13'- 26 Hit Id Loc. ct Bait. Ohio Do. pf Batoer Asph Barker pf i2, Burnsd.

Oil 1 14 19' Bayuk Clz. A special open lecture on thej They were caught in the middle three major methods of stock went ahead and the best they could of it, mat ket analysis will be offered Koad Horses- in the stock market analysis in next Sunday Times Magazine. same as the low and both low when same as the high:) Sales (Actual) High Abbott Lab 100 56 Acme Steel 37 35 'i Adams Oil Gas 100 6'. Am. Tel.

Tel 83 159 16 'a 29'i 23 Vi 3, 11 27 34 42', 37 1 Armour Co. 100 4 Associated Press Closing average Net -1939- Britajn Ad on Sugar Confro LONDON, May 8. (JP) Th British government intimated today that it might withdraw from the International Sugar Council if the council, which meets in London this week, docs not relax quotas in order to throw more stocks on the market. Responding to a question in the House of Commons, Ronald Cross, parliamentary secretary to the Board of Trade, said that recently "there has been quite an abnormal demand for sugar" and that the British government had told the sugar council the present quotas were insufficient. Cross said Cuba was likely to have a surplus of about 200,000 tons.

"His Majesty's government," said Cross, "have the ight of withdrawing from the council if, after an abnormal rise in world prices, the executive committee have been asked to deal with the situation and have failed to do so." The council was called to meet this week in view of the scarcity of raw sugar supplies and an increasing demand. A specific day was not set. PROSPECTUS Ask for Copy Pacific Company of California 623 South Hope Sfrret. Angela rhorie (Hill MEMBERS LOS ANGELES STOCK EXCHANGE t.o.vo reach rnvKitstnn nu-; PASADENA HOU.YWOOK OLENDAlJ USTODIMI FUilD! 10 MUTUAL FUNbS Managed hy BOSTON FIOUCIAKY AND RESEARCH ASSOCIATES Proip.clu, en raquail from your inv.llm.nl daol.r or HANS KLEHMET Patific CmiI Viilirtwlei tiO i. SPRING 10S ANGELES TRINITY 3901 TRUSTEED INDUSTRY SHARES T.

I. S. Management Corporation, Sponsor Ch.inbef of Commerce JtntcyCity, N.J. 5SL IAKE5T0nED Do. 1st pf 7 .30 112'4 112'a Be.

Cream, la 2 20'a 22 191 49 Bendix Avtat. 13 Ben. Ind. 3 Best 1 60a 2 Beth. 24 56 Do.

7s Df 7 3 107 Biselow.S.inf. 2 20 Blaw-Knox 5 10 Boelns Airpl 18 22', 22 RohnAl iB.Wg 1 21 21 215 19 49 54 106 20 2. is Red C. COV. Sunkist, Coving 2.80 itecilands Joy, RH.

Sunkist, Bryn Mawr 2.73 Lochmvar. GBA. extra choice, East Highland 2.65 LEMONS Sunside. VCE, Red Ball, Santa Paula 3.85 El Merito. VCE, Sunkist, Santa Paula 4.40 Paul Neyron, LAV, e'unkist, La Verne 3.33 Fucns.a.

LAV, Red Ball, La Verne 2.45 DETROIT Navels 220s and 252s were steady; balance were easier to lower in spots. Lemons were steady. Sales: Seven cars of oranges, two cars of lemons. NAVELS Victoria, RIV. Sunkist.

Casa 2.93 Quality, VCE, sunkist, I-ilimore 2 6a Airship, VC't, Sunkist. Fiilmoie Gilder, VCE. Red Ball, Fillmore 2.45 La Verne Beauties, LAV. aunkisl, La Verne 2.8s Paul Neyron, LAV, Sunkist, La Verne 2.70 Oavilan, RIV. sunkist, Arlington 3 Oo Marauita.

RIV. choice, Arlington 2.30 Gaviian, RIV, Sunkist, Arlington 2. Da Golden Rule, RIV. Sunkist, Riverside 3.10 Gold Buckle. GBA, fancy, Hiahlanrt 2.80 Unicorn, GBA.

extra choice. Highland 2.60 Pride of La Verne, MOD, Pure Gold, La Verne 2.65 LEMONS Bear, OK, Sunkbt, Upland 4.35 Cub, OK, Rea Ball, Vjpland 3.15 Sea Guil, OK, Red Ball, Upiand 3.40 102 104 4- 172V, 4 32 1 15 42 7'i 46' 2'4 18'( 23 154 43 17'2 22 Bon Ami A 4 .10 107'a 107'a 4-Bond Sir. .80 1 101. 1T Aviation Corp. 45 51, Avia.

Trans. 50 2', Barlow Seellg A 50 8'j Belden Mfir 50 7'. Bendlx Av 200 21', Bliss Laughlln 50 1534 Botg-Warner 150 23't Butler Bros 100 Cen. Cold Stor. 20 13 111.

PS. pfd. 80 71' t-en. in. sjcc 100 100 150 40 40 50 200 750 142 600 350 65 150 20 Do.

pfd 100 O.w. Ul lot! IV4 10. ax pia. Do. S7 pi.

pfd Cherry-Burrell Chi. A- N.W. Chi. Corp Chrysler Corp. Com'with Edis.

Con. Biscuit Cons. Oil Cunn. D. Stores.

Curtis Lt. Dayton Rubber Deere Ai Co SI 102 13 I3. 68', 27-'. 7, 15', 1 13 19'. 1O0 100 Asked 11 63 3 31 3.22 44 15 05 24 40 13 50 4 05 24.17 10.15 3 38 5 95 3 06 18 36 IVi 3 44 16 9 30 44 5.56 4 58 7 84 6 39 6 38 4 50 3.17 5 53 6 16 4.77 3 74 5 57 3 44 18 28 1.16 1.36 22 39 15.25 15 21 10 04 14 27 4 22 7.27 5 21 20 74 10 80 130 3.66 12.33 Congress, OR, Red Ball.

1-ranees PITTSBURGH Navels 288s and best were higher: balance Sunkist were changed; best were uncnanged; choice condition were lower. Lemons best higher; balance were unchanged. Eight cars of oranges. NAVELS Capistrano, SA, choice, Claremont Hercules. SA.

Sunkist, Walnut Superfine, RIV. Sunkist. Arlington Black Hawk. RIv, choice, Poinsettia. VCE.

Sunkist. Glider, VCE. Red Ball. Fillmore Royal Knight. RH, Sunkist.

Redlands Blue Goose Blue Bow, AFG, fancy, Riverside Belt. GBA, choice. Highland the Chicago and close Low Close 341, 158 159 asked prices: Bid Admin. Fd. 2nd Inc 10 93 Affiliated P.

Inc Am. Bus. Shrs Am. Gen. Eq.

Inc Boston Fund Inc Broad St. Inv Bullock Fund Can. liv. Fund Century Shrs. Tr.

Chemical Fund Comwlth. Invest Corporate Trust Do. A A Do. A A mod Diversified Tr. Dividend Shrs: Eouity Fund.

Inc Fidelity Fund, Inc. First Mutual Tr. Fd. Fiscal Fund Bk. Sh Fiscal Fund Ins Fund Investors, Inc.

Gen. Capital Corp. Group Sec. Acrlcultural. Do.

Automobile Do. Avialion Do. Building Do. Chemical Do. Foods Do.

Invest. Shrs. Do. Merchandising Do. Minnie Do.

Peuolum Do. R.R. Equip Do. Steel Do. Tobacco Incorp.

Investors Instl. Bank Group Do. Insurance 2 98 2 91 .39 14 00 22 81 12 25 3.70 22 48 9 38 3 11 2 30 2 18 2 57 5 30 1 12 2 85 17 05 6.53 2.40 3 10 15 62 28 31 5 10 4 20' 7 21 5 87 S.86 4 13 2 90 5 08 5 66 4 37 3 43 5 11 4 99 15 14 1 03 1.24 20 32 53 2134 21V Keystone Custoda. B-2 Do. B-3 13 89 Do.

K-l 13 86 Do. K-2 9 06 Do. 8-2 12.93 Do. 8-4 3 75 Manual. Bond Fund 6 58 Maryland Fund 4 70 Mass.

Invest. Tr 19 29 Mutual Invest 9 88 Nation-Wide Sec. 3.41 Nation.Widc Voting 1.17 Natl. Investors 5.32 New i'ngland Fund 11.44 Nor Am Tr. Shares 1953 2 35 Do.

1955 2 59 Do. 1956 2 54 Quarterly Income Sh 8 95 Reierted Am. Sh. Inc 8 89 Stand. Util.

Inc. 47 Stnte Street Invest. 69 00 Supervised Shrs 9.23 Trustee St. Oil Shrs. 5 28 Do.

4 83 U.S. El. Lt. Pow. 2 01 NEW YORK STOCKS.

INC. Snecinl stock Bid Borden Bore-War. 7 Bower R. Br. 2 1 Brew.

Am. 2 Brlsas M. 'g 4 4 Do. pf .16 47 Do. pf .14 Bkly.

Un. Gas 14 B'icyrus-Erie. 8 Do. 7s pf 7 .10 Btidri Mfg. 5 Budd Wheel 2 Btilova W.

2 1 Burl. Mills 1 3 Burr. Ad. 3 Byers. A.

M. 1 Do. pf 3 81k .90 24' 24 20', l3, 10 12' 42 'a 19 'a 8'-, 96 4', 33, 2 12', 13 8'i 40' a 2 CnlU. Hec 3 Cn.DryG.Aie 4 Can. Pacific.

14 Cann. M. 'ag 1 Crr.ACI. 1 15' 31', 2 larger un Sales 'i 67 li 68' 27 273, 7s. IS3, 3 2 42', 42'i 42', 44 6 s.

261. 23 lOVi 11 ll3, 111. ll3. 9'. l-'i Is 1'.

4'. 17 58 23 a 4'a 4Vi 75 li 36 2 3 12 28 'i 4', 26 4 2' 6J, 'a Case Pf 7. .10 116'j 116'a 116 Tract. 2 4 45', 44'? 44 19'a 233.4 24 Vi 20 l'i 9s, 11 41 19 7'. 96 4'.

3s. 26 '4 12 '2 13 8'a 39U 2334 24 4- fi'a 20'. 1 4- 9s. 12 41 19'a 4. 7', 98 434 3 26 12'a 13 8'a 401, 4- l.ouisv.A:M.

lg Louisv. A 1 '2 1 43 17', 22 36 3 26 Is. 19 10 3 i 4'a 11'. 36--, 23 25', 4634 11', 17'a 7 53 8'4 30 "4 7'i 13 Vi Mack Trucks. 1 ij Mscy (R.

Co. Is 2 Max. Cop. l4g 1 Susar 2 Man. Ry.

aid. 2 Do.mod.stri. 18 Midi. 2 Marshall Field 3 36 26 l'a 18'a 103, 43, n-', 30 25 3 1 46'a ll'i 171, 7 53 8 "a 30 '4 7 'a 13' 22 "4 l-1 5 Hi 9flV, Martin iG.L. 22 71 Martin-P.

8 M. Alk. lla 2 D. Strs. 3 7 'MfCrory Strs.

5 MrOraw El. 1 1 1 Mclntyre P. 2 2 1 Mesta Ma. lg 1 Miami Cop. 1 i.f.

C. Pet. lig 3 6 14'. 33. 31'.

6 15 334 31'. uiniano stl. Prod, lg 1 22 '4 1 I3. i Do. pf 3 5V.

Pacific pf 1 11. Mohawk Carp. 2 121, 2' Is a 1. 4- 1 173 1734 92 113 21 "a 234 5', 37'4 734 28 20'i 32', 8R'a 1V4 '4 U'i 13'a 11 25 67 9'. 86 92 11'.

21 'a Mon.sa. Ch. 2 2 96 Vi Do. pf A 4' .10 121 Mont W. lg 58 47Vi A-Essex 3'a 31 Moior W.

1 13'i Mull. Mf. pf .10 34', Murray Corp. 1 5'a 121 46'i 31 13'i 34', 5 la 23 1 5'4 4- 1 37'4 73. 1 28 1 20'i Btt'a 14 1 6s.

26'. Nash-Kelv. .11 Nat. Bisc. 80g 27 6'a 25 165 18', DO.

pt 7 Nat. Cash R. 1 I 165 1 18 li 11', 13'a S4 11 25 67'. 9'. 86 '4 at.

Dairy Pr 12 14' 14s Do. pf A 7.10 113 Vi 1131, Nat. D. Sirs 1 5. 5' N.

Distillers 2 Nat. Gypsum Nat. 1-ead 'a Nat. Mill. D.I 2 3 19 1 7 2 3 1 1 1 25 "4 12', 20 3.

25 IP, 19 114'a 41 'a 37 3 114', 41 'a on. 17 17 7i 60 'i 8 12 'i 95, 22 103, 141. 141, 22 Va 35 "i 10s, 170 15s, 21 la 8 30 i- iti r.tv.u. t. Natl Stl.

Nt. Do. $2 N'atomas .80. Neisner Br. 1 Newport Ind.

I '4 60 'a 83i 12 'i 9s, 2 14', 14 'i 23 353 10 173 16 28 128', 128 14, 14' 4- 18 18 8'a 85 18 IB 6'i 83 43'i 47 10'i 1 58 4- 27 20', 6', 81 31'i 4- 4 U. t-K. I Y. Ohl.teJ.L. 1 i Do.

Pf 7 Omnlb. 2 N.Y. Shlpb. 2 Norf. W.

10 2 N. Am. Avtat, 21 13 i4 Do.S.lis pf North." Pacific 10 lH'a JM- 43 47 10' 58 273, 20' 6'. 84 31 213i 53 "2 8 30 Norw, Tel. 3 .30 43 17'2 22 class of the Los Angeles Stock: Exchange Institute this at 5:15 p.m., it was announced by I Elsa M.

Jaehne, executive secre-' tary of the institute. The lecture will be given by Charles R. Hoffman of William Cavalier who conducts the class and who has been associated with the technical aspects of the market for many vears. Mr. Hoffman will bring out the prac-! tical applications of the funda-i mental and analytical studies as well as the technical methods of! analysis.

Demand Improves for Cotton Goods NEW YORK. May 8. W-De-mand for fine goods improved in Worth St. textile markets today as finished goods moved into wholesale and retail channels in better volume. Small orders for sheetings and print cloths were 'hnnk-ori navnn ih in booked.

Rayon goods sold in fair quantities, the bulk for spot-delivery. The all-time record high silk hosiery shipments for March furnished an optimistic note in the silk trade. Burlap prices held in line with steady foreign prices. Demand for wool piece goods was spotty. Women's wear moved briskly and mills reported sizable orders from jobbers and manufacturers.

April Sales Gain for Penney Chain i XL vv urtr. 1 i. renney opcrators ot a national chain of variety stores, today reported April sales of an increase of 4.45 per cent over $20,375,592 in April last year. Business in the first four months of the year was 7.61 per cent ahead of the comparable 1038 period. Id- 2.3a 3.15 2.40 2.70 2.80 2.40 Laddie, choice.

Highland 2.60 CHICAGO Oranges were steady. Lemons were slightly higher. Sales: Fifteen cars of oranges, five cars of lemons. NAVELS Superfine. RIV.

Sunkist, Arlington 3.05 Alt a Lonia Blue, OK, Sunkist, Alta Loma 2.80 Redl.mds Best, RH, Sunkist, Bryn Mawr 3.00 Redlands Pride, RH, choice, Bryn Mawr 2.60 Ibis. SA, extra choice. Claremont 2.50 Corona Lily, Q. Red Ball, 2.30 La Verne Beauties, LAV, Sunkist, La Verne 3.25 Paul Neyron. LAV, Sunkist.

La Verne 3.1a La Verne Rancho, LAV, orchard run, La Verne 2.30 'a 36 Vj 26 1', l'i 18'a 1. 1034 4- '4 4'a 4. I. 11, 36 li Four Wh. Dr.

Auto 100 Gen. Finance 100 Gen. Foods 15 Gen. Molors 100 Gillette Ssf. 20 Goodyear T.

17 25'i V't, 46', 11 'a 4- 7 53 8'i Gt, Lskes -Dredee. Hall Print Hol ders SO 200 500 70 100 800 100 100 50 50 100 20 10 100 50 30 a-4 7 'a 3, 13 '4 22 1'. 5' "i l'i 12 'i Vi 96 'a 121 47 1 2 4- i 31 13'i 4- '4 34', 5Va Hubbell (H.) Hupp Mot 111. Brick Ind. Pneu.

Tool. Int. Harvester Jarvis 1 W. Katj Drug Kellosg Switch, pf. Ky.Ut.Jr.

cum. pfd, La Salle Ext Lincoln Pr. Marshall Field McQuay-Norrts 10 Merch. Mfrs. A 100 Do.

pfd. 10 Mlckelberry's 100 Mid West Corp 350 Midi. Util. 6s pfd. 100 Do.

7s pfd 800 6' 25' 165 18' 4-5 4- Minn. Brew 200 10 Montn. Ward 96 47', Mt. Sta. Pow.

pfd. 30 53'i Nor'west 200 7'. Ontario Mfg 40 13 Penn. R.R 40 18 Quaker Oats 20 115 Do. pfd 20 150 Schwitzer 100 9'i Sears Roebuck 251 .701, Siciode Stl pfd 20 2 So'west O.A'E.

pfd. 10 107 14' 113'a a', 25', 11', 1934 J. 17 Vi 7'i 60' I4 834 4- 14 n5-. Vi 22 4-2 103i li 14', "i 22' li 35 'a "4 10', 170 6 15'i Vi 21 53 "4 8'4 30 9 691 Spiegel Inc 15 ll'i sta. oil ind 248 Stewart-Warner 37 24 B3 8 17' 1 74' 17' 24" 18-' 4' 16s Sunstrand M.

Tool 50 Swift At Co. 100 100 Swift Int. Union Carbide Walgreen Wayne Pump West. Un. Wise.

Bnnltshrs. Zenith Radio 73 200 73 85 50 400 Stock sales today, 13.000- shares. Receipts of Gold Heavy for Day 73i 19, 16 '2 4- 183 471, 12 17s, 8V, 73 3 16'. 4.25 3 65 3.95 3.20 onamrocic, sunsisi. Caledonia.

PO. choice. Placentia Progressive. Sunkist, Corona Corona Beauty. Q.

Red 11. Corona Maduro, orchard rur. Corona Ventop. ST. Sunkxt.

Juicy-O. ST, Red Ball 3 80 3.60 4.40 3 55 3 60 3 85 3.15 3.00 2.70 Florida sales: May 8. (jPi Baltimore Four cars of oranges, 2.10; one car of grapefruit. 1.30. Chicago Nineteen cars of oranges, 2.45: seven cars of graoelruit, 1.75.

CincinnatiThirteen cars of oranges, 2.10: five cars of trapefruit. 160. Cleveland Thirteen cars of oranges. 2.20: three curs of grapefruit. 1.50.

Detroit Nine cars of oranges, 2.20; three cars of graDefruit, 1.60. Pittsburgh Nine ears of oranges, 2.20; iwo 01 grapeiruii. 1 ba. St. Loiys Seven cars of oranges, 2.05; two cars of grapefruit.

1.65 New York --One hundred and nineteen cars of Valeneias, 2.35; fifty-eight cars of grapefruit. 1.65. Building Gains Sharply in West SAN FRANCISCO, May 8. (VP) The Far West put more than $18,000,000 into new homes in April. That brought residential building up to more than 000 for the seven far western 3 30 States in the first four months of this year.

Not since 1320 has such a wave of construction of new homes swept these States. The Federal Reserve Bank tabulated $18,299,000 in permits issued in 150 communities in April. While that was off a couple of millions from the March total, it was virtually half asrain on were 190 2.80 3.10 the 1938 month's showing. Sig- "ren hne residential con stiuction in Los Angeles County Mantis out wnen figures are broken down by districts. The county accounted for more than $10,000,000 of the Far West's $18,000,000 in April, and more than $12,000,000 of the March $20,000,000.

Interstate Aircraft Backlog Gaining 3.10 2.55 3.45 3.05 2.60 3.30 2.85 3.3o 2.40 Interstate Aircraft and Engineering Corp. has shown a gain of 25 per cent in orders during the last two months, and $12,000 in new. business has been received in the last 10 days, L. B. Cameron, general manager, stated yesterday.

The company's plant, which is equipped for twice the present volume, started up last September with 18 employees and today has 100 men on its pay roll. 3.25 4.35 3.15 2.70 3.25 2.75 2 85 2.80 2.80 3.35 2 80 4.25 3.75 Dividend Declared by Sontag Chain Directors of Sontag Chain Stores yesterday -de clared a dividend of 25 a share on the common stock and the regular quarterly dividend of $1.75 a share on the preferred stock, both, payable June 1 to stock of record May 20. Similar dividends have been paid on the common stock in previous quar ters. Cotton Report Out Soon NEW YORK, May 8. The Census -will issue a report May 25 showing the revised! i cotton estimate including area1 cultivation, area -nicked, vicld cotton per acre, production! nd ginnings for 1938.

1 Asked 4 50 4.89 8 99 9.72 6 42 8 96 7.71 8 34 6 20 6.72 6 57 7.12 7.41 8 02 7 14 7 73 8 24 6.76 3 20 3.49 5 86 6.36 6 64 7.19 Automobile Aviation Building supply 13 Chemical Electrical equipment Machinery 70'i Metals Oil Public utility Railroad RHilroad equipment Steel i Credit Units nn Celanese Co. 15 Do. pr. pf 7 .30 Celotex Corp. 4 Cent.

l'a 1 Cent. Foundry 4 18 92' 11' 21' Cent Rib. M. 1 5', Cerro Pas. 2g 1 37 Cert-teed Pr.

1 73, Do. 6s Pf .20 28 Champ. 1 20'a Ches. A- O. 2 28 33 Do.

pf 4 1 88'a Chi.ArE.lll. Pt Chi. Grt. West. Chi.

M. Or. jg Chi. P. Tool, C.R.I.&P.

7s pf Childs Co. 1'4 11 13 'a 34 11 2'a 68 "4 86 Chile Cop. lg Chrysler 2'ig 73 City 30g 1 Do. pf 6'a .30 Clev. El.

Ilium. pf 4'a .10 Climax 1.20 6 42 Oluett P. 6 28'a Coca-Cola l', 3 'a 27 143, Col. Br. A 8 183, Do.

8 18', Col. Q. 13 Do. Pf A 6 1 85 Com. Cred.

4. 3 43 'a Com. I. Tr. 4.

4 473, Com. Solv 4 10', Com. Snu. 37 l3. Do.

pf 3. 3 58 a Com. Ed. .80 14 273, Con. Aircr.

1 Con, Cig. 4 1 Do.pr.ef 6'a .10 84 Con, Edls. 2 36 31 "a Con. Film 2 1'. Con.

1 5', Con. Oil .80 59 734 Container 6 10'a Con. Bak. A 2 15 "4 Do. 16 lla Do.

of 8..: 1 89 Con Can lg. 9 36', Do. pf 4'a 3 113 Con.Ins. 1.60a 1 33', Con. Motors 2 -2' Con.O.Dei.

14 Con. Steel Us 1 Corn Exch. 3 .30 233, 53 'i 57'a 43, 22 34 30'a 11s, 243, 1034 28'a 70 4s, 6 25Vi- Corn Prod. 3 3 Coty. Inc.

Crane Cr. of Wh. 2. Cvosley Corp. Crown Cr.

Zel. Crucible Steel Do. pf Sug. Curtis Pub. Do.

pf 34k. Curtlss-Wr. Do. A Davison 2 5' 9 80 9 69 .51 71.75 10 03 Lotus. OK.

Sunkist, Upland Monogram. OK. choice. Upland Victor, OK, sunkist, Etiwanda Victor, OK Etiwanda Wanda. OK.

choice. Etiwanda San Luis. RH. Sunkist. Bryn Chanticleer.

RH, Sunkist, Moose. OK, sunkist. Upland Red Ensign. OK. choice.

Upland Golden Cdoss. OK. Sunkist, Belie of piru. vce, sunkist, Piru Mansion of Piru, VCE, Sunkist. Piru.

Weaver of Piru. VCE. Red Ball, Piru. Mansion of Piru. VCE, Sunkist, Piru.

Weaver of Piru, VCE. Red Ball. Piru La Verne Beauties. LAV, Sunkist. La Verne Paul Neyron, LAV.

Sunkist. La Verne Pride of La Verne, MOD, pure Gold, La Verne LEMONS Pride of La Verne, MOD, Pure Gold, La verne Pansy. MOD, Silver Seal, La Verne Diplomat. RHVS, fancy. Corona Envoy, RHVS.

choice, Corona Golden WD, Sunkist, Whittier Groves Whittier Belle, WD, Sunkist, Whittier Groves Blue W. WD, Red Ball, Whittier Groves Saticoy. VCE. Sunkist. Kimball Montalvo.

VCE, Sunkist, AnacaDa, VCE. Red Ball. Kimball Mission, SB, Sunkist, panti Barbara Panama. SB. Red Ball, Santa Barbara BALTIMORE Oranges a'nd lemons higher.

Sales: One car of oranges, cars of lemons. NAVELS Airship, VCE. Sunkist, Fillmore Gilder, VCE, Red Ball, Fillmore LEMONS 7li 20 16 18-', Is. 334 4 7', 10', '4 15. l'a 4- 89 I 38' 113 -l'i 33 Ohio Oil 20e Oliver F.

Eq. Omiiib. Corp. Otis Elev. 7'i 19 s.

18 V. Leaders in Get Low Rate Bank Loan NEW YORK, May 8. (Exclusive) -Two pf the operating subsidiaries of the CoiAmercial Investment Trust Corp. have obtained $27,000,000 five-year bank credit at per cent, it was learned in Wall Street today. The two subsidiaries, Commercial Investment Trust, and Universal Credit obtained this loan from their regular banking institutions, with the privilege of prepayment at any time.

it Groundwater Quits l'i 534 71. 10 1 4 l3, 89 36 'i 113 33', n. 23 22 53' 2 56', 43, "i'a 30'a ll'i 24 3, 10J4 28 la 70 4 43 '4 5'. 25'a Sales 4.20 3.95 3.25 4.15 4.20 3.5,5 4.20 2.85 were three 2.90 2.55 NEW YORK, May New York Federal Reserve Bank announced today that $10,405,000 in gold has been engaged in England as of some previous date for shipment to New York. The bank's" daily- gold statement showed imports totaling consisting of $37,619,000 from England, $8,077,000 from Holland, from Colombia and $125,000 from India.

Gold stocks of the Treasury on May 5, last, stood at an increase of over the previous day. 23'a NEW YORK, May 53 "a 4-4-' 11 "a 30 'ti IP, 4-243, 10J4 28', 70 s. hales, closing price change of the 15 most stocks today: Last Sales Sale V. S. Steel 10,200 46 7,300, 31 7.300 67 4J Electric 43 '4 3' 23 MAm.

St. S. 6,900 6,200 6,100 5,800 4,700 4,000 3.700 3,700 3,600 3,600 3.400 3,300 11 44 38 47 12 Gen. Motors. S.

Rubber iMont. Man. Tr. Smelt. Sou.

t'X. Y. Central Radio Coip. 3', 1093, 194 24 13'. 4'.

183, 24 15 'i 4' TJ 'II 3H ill3, 4. 173, 17'a io io 13 13 31 31 "a 4 CI I 1 14 6 31 li 21U 11 Cons. Edison in lit Anaconda ll'a 11 139', 14.1 i Woolworth 8. Vt VA Santa, VC, Llmco Paula. VC, Red Ball.

Limco San Marcos. SB. Sunkist, La Pater. Schooner, SB. Red Ball.

La Patera (VP) and net active Net. Change Vi Ever wonder how our occupy thrinsrlvfs when For a first-hand gllnipntfl into live, see Rotogrnvure 54 1093, Union Oil Berth William Groundwater; manager of marine transportation of Union Oil Co. of California, yesterday announced his resignation, effective June 1. William Groundwater, who has been in Our Los Angeles Office completely equipped to serve our clients, in the Pacific Coast will be glad to discuss its facilities with institutions or individuals. Full details of our advisory services will be furnished without obligation.

Moodts Investors Service 606 SOUTH HILL ST. LOS ANGELES. CAl. Hod Off ic Nw York, N. Y.

Wonderland. SDF, Sunkist, Escpndido 3.75 CLEVELAND Navels were easier. Lemons were higher. Sules: Ten cars of oranges, two cars of lemons: NAVELS Stork. SA.

Sunkist. Claremont 2.75 Idyllwlld. RIV. choice. Casa 2.40 La Verne Beauties, LAV, Ll Verne '3.

00 Pnul LAV. S.i ikist. Vrne 2 80 Ath'-U. v-r- B-ut'e LV, Verne vun, T. land 275 a.oo'a nv.p.ikii.PH'.a .20 iio Deere Co 19 Vi Do.

pf 1.40 3 Del. As 8 Del. 7 Dr v. Ray. A .10 Diam.

M. l'a 1 nist. c-s. 24 151. 4'.

2 31 3, 17', 10 13-. Jl'a 82', Dixie-Vor. i tt 1 Dneh. Die C. Dmue Mm, 2 Dons.

Air. Dow Cliem. 3 Dunhill t)u P.deV.l'.t 1 Oo. deb. 8 1 3 18 1 114 2 ll'i 8 142' 2 1371, sailors charge of the company's marine operations for the past 2S years, is leaving the cngacrj at sea? their section of next Sunday Time.

in private business in Southern ifku. sunkist. veme 137 137 I I llflm 3.