The Sacramento Bee from Sacramento, California • 21

17IE SACRAMENTO BEE 17IE SACRA Tuesday May 19 1931 21 New York Stocks San Francisco a Francisco Curb Exchange HIGHER RS TYPE 3 ON MARKET BEARS BECOME 1 cAlITIOUS TREND OF LIST UNEVEN i EARS JA11110' OF LI PRICES CONTINUE TO MOVE LOWER ON BAY MARKET thso huotattotto oolved otter prhato ho it titer a tonthotty 1011 tiobth otrot I hto Ito' eutero all the othroo shot the at tittos 8:30 A to 11:30 A Tuesday May 19th List Much More Active Than Yesterday In East ivotal Shares Close Generally With Slight Gains ivotal Shall Witl 1 New Lows Reached Two Issues Show Gains 0pen 11:30 NEW YORK May 19-413---Conspicuou8 strength in gilt edge issues continued to-day to feature the bond market which was much more active than yesterday Fourth Liberty 4'4 and the BM' erat issues of United States Treas era! issues or United ritaLPS TO DAY'S QUOTATIONS These quotations received over A Pierce a Coutpatty private wires by Burke Company III8 Niutb Street Low Close IHighLowClore Abitibi Power 5 41 4 Pacific 1 rosi 151 ltOs Air Reduction 80 774 1 7734 Do Pfd I 55 I 5IP1 55 Allegheny Corp 1 554! 5 Montgomery Ward 19117741 IS Allied Chemical -118 114118 Murray Body 1041 Vii 9 Allis Chalmers 24711 '241s 24 oaish Motors 2i01 28 American Can 991 961 99 National Biscuit 65441 63 644 Am Car Idry 19 19 19 Nati Cash Reg 27 i 26 26: Amn Foreign Pwr 30 i 28 29 Natl Power Light 'W 25 1 25 American Intl 137S1 1344 13 '4 Nevada 81 8 I 8 Am Locomotive 141 141 147i -7 Central 85 I 821ii 83 American Metals 11141 11 11 li 65 1 63141 64 Am Power Light 39 38 i 361- American Co 87 I 64 bi 1 661v Am Rad 18 127i 13 Am Rolling 19 184i1 19 Northern Pacific 344J 323314 An Smelting 311 30141 31 Ohio Oil Companyj 8 84i Li Am Steel Fdry 141 1374 14 ii cl 45144 44' Am Sugar Rig 49 481 Pacific Lighting 53441 52741 527h Am Tel Tel 11677-4170 Packard Motors- 7 7 I 7 Am Tobacco -117 1131144 Am Water Works 49 51 Paramound Publis 2734i 251 26 Am Woolen 52 7 7 7 Penney Co 341 33441 84 5 Pennsy 937 i 2 Anaconda Copper 4 25 46! 41 45 Armour A 2 I 2 I 2 Phelps Dodge 15 i 15 i 15 811 1 As 1 sd Dry Goods 201 19 20 Phila 1 7 7 Phillips Pete A Santa Fe 115144148 14944 841 6 6 3 Atlantic Rfg 3 PillsbY ur Flour 2844 28 Auburn Auto 20 281i Kroctrrr9timble 6Iiil e2 6324 19611 208 13i PG 4514414144s Pacific Lighting 53441 527si 5217s Packard 71 7 1 7 Paramound Publix 2734i 251 2641i Penney Co 3413344184 Pennsy 46V 41 4514 Phelps Dodge 15 15 15 Phila 1 8141 71 7 Phillips Pete 6I 6 6 Pillsbury Flour 2844 28 281ij Procter Gamble 6412 62 634 6 6 2 8 261i 62 6314 American Tel 170 169 Anglo National Corp I 24 23'4 Ark Nat Gas Corp I 414i 414 Bank of America of 42 42 Cities Service Co cont 13 I 12 Claude Neon Lights mci 5 I 5 General Motors Corp 39tit 39 Goldman Sachs 6N! 6lt 62 62 16 1 IS 4311 43 Ty 7v 355 355 SAN FRANCISCO May 19--(liec Prices continued to de cline On Eght volume in early trading on the San Francisco Stock change to-day Five new lows were reached Two stocks showed slight ga Trading in the oils isas Richfeld pttferred at 2 and Shell Union it 4 4 were steady Standout of California dropped to 34' Union Associates was off at 15 anti Union of California lost 'a as 19t11 wtaTittAt nutlEat' ratrament8 Calif May 1 6 1 631 'Stock Exchange I J0 Anis bida Telephosio NI 1Ioeeritat 11111 I I M- I eaineola 7 I or Nicrillitent0 mod lower 1aitcromiento 1TINPIoo ouilla11611111 roiI44Ird olor PriValt alley 14 and ay riii to-want and ht D'IoR III" 11 11 a' II la odro-ad dh 4 "'jamb 181roet 1 hie liot rovers all the sr i it tioniiiity ouch allowing illo lit ity A For 6t ort hero Conformist i ad and a as lomsg111 and adia low mo 8:30 A to 11:30 A ilv and continued Oa liK or Of It riiI1 an APaill fit et Tuesday May 19th miller I ollatti toles Open 11130 rrexpti re I t11 ins A otwritially Man oher I ite North l'aMic mole comma Alaska JUltenti I 16 1 15's z1h1r Anglo Nat Bank 161 160 north ht twit i nrimalsoot i Le crnir1 al Associated Ins Fund 1 4 ts 4 1s1 of Califorma noin or Coot 16 Bond At Share Ltd 1 a 14 Jun in the eat IA Out -totar how's nii rf clit itkinc sil 03 rho Novi lih t-A and rain NIA 0-IstIITINI thilnlereturnie hate 1een itoni It'aterptilar Traetor 1 Ito II st Mal Chem Ind A IV 17ii v11 'e it ha 71 rsa rt nn ro dvidt tat: :::::1: 1 ertiiir prdZPAIllih corn vte 3 A 1 I 'to 30 ly c''r Food Machinery coin 1 211 21's lion 48r 11 nett tills tv ait hotiro z0-0Vrilttkit going Ili' tIm 1 1110 etntliti G01(1191 State Ntk Prodis Ittl lals 'as kilo ulI be sh of 01101'111a hturite Ilia rekt te1 11 Hawaiian Pineapple Ltd 26'11 se agilliisk otaatUr011 or Ibmit 0 dettree Hunt Pros Packing A II's' it II II AA LOH Magnavwir Ls I Il 'a Irlii ttionpent I ti ros 1011ver Uni Filters A Iti I la Inane' PM 11011 F' com 45 i 4( tts )dr7 1st 1 i Iasi II4 I do 511 Pt Pt fd let 1 261! 2111 a Wight )10 Ibilia r4 ti- 3 0 0: Pacifie Lighting coin 531! 5314 lt1 se Ihs Sh PtiVilit' PIO) Scry A 1 20's1 201 1401 On 66 litil6010 6 6 0 Iii Phttlir fine cons 1 34'2 34 1 rolon h4 iCi Richfield ()ii pfd 1 2141 toege 4 0 04 Itooti Prots yid 1 70s1 7Ihte cincilnatt hi $fi Dn 6 Pi 0 Shell Union 011 com 1 4's 4-4 FI 4t Moinre hi 0 Stlitlilitni Ott of Calif 1 55 1 3 nit-uha 44 litie Water Assn 0 com 41S1 43s V6100610 60 Cialsehton 4 -i) I li Transaniertea 1 71 ileivile "1 Union Oil Associates 115 1 IN ksqske city 0 hi hil 1oe Aniele6 6 -I Union tlii (If cant' 1 Itit's1 1614 'N 7 0 Western Pipe Stl corn 22'11 231 Ne l'orit hfi toi Oklahoma rity hr hfi 70 0 DI 11whonih hifi ioi 11:30 A To 2 Pit leillireh h'i en 0 Ore 6 I Tuesday May 19th at mutt hi 6 4 tom tO 4 1 3(1! 2:011 Iiikpftburit 4) Anglo Lon Paris Nat 160 Soritmemin 1444 644 Caterpilar Tractor 1 25 2Nki et 1e hh 1 it Lake City 6 i 1 6 Crown Zellerbach pig Al 30 29'1 an Pleas 62 Fireman's Fund Intuit 1 76 76 ssa Francia0 sgatile tfi 4 8 Food Machinery coin 2111 21 S1141111111 h4 30 010 Gold Slate Milk Prtits 1 184 s4i 'ramp AA 1114vaiitin Pineapple Ltd! 26Ni 27 inotIth $4 116 Walla Walla 4 4 Magnavox Ltd 1 I's! 2 Rollesten 6: North American Oil 5 1 5 Winnemucca CI 32 mulles 111 Pacific Gas Eke coin' 45 I 441S1 Stock Exchange 8:30 A to 11:30 A Tuesday 19th 11:30 A To 2 Tuesday May 19th Crown Zellerbach pig Al 11t) 291 Fireman's Fund Intilir I 76 76 Food Machinery com 1 2111 21 t1oId Slate Milk Prdts 1 11111(14M Pinetip Ltd! 26N1 27 Magnavox Ltd I 'hi 2 North American Oil 5 1 5 Pacific Gas Eke coml 45 44'il Pub Serv 7914 771 78 Pullman Co 35 34 34 Purity Bakeries 2814 27 1 27 771 78 3411 Wt 27 1 27 :11:30 2:00 Treats-Kiwi Drug Nei ury 34ss reached new peak Corp of America for all time and the treasury 4 titilSouthern Cal Edison co of 1952 and the 4s of 1954 reachectiN'irden Packing new high levels for 1931 The fourth West Coast Life Ins Liberty 4k41 were active but trading elsewhere in this group WitS 11:30 A To 2 moderate or even quiet Tuesday May If The preference of investors still was plainly for the higher grades of bonds Firmness in such issues American Tel Sr Tel as Pennsylvania General 4116 and Cities Service Co corn Series I) 4a Southern Pacific 4tgi Genereti Motors Corp of 1968 and American Telephone 5s Goldman Sachs Gilmore of 1960 and 1965 and Detroit Edison Forrest 41ts demonstrated this fact Virden Packing Railroad and public utilities were the most active of the corporate is- Closing sues Selling pressure on the former was much less than recently al- -Alonday May though a few issues such as Chi- i1iigh cago and Northwestern 4s of 1949 AN'i Corp of Dela and Nlissouri Pacific series Ir 5s Amer Tel ett Tel 173 lost fractions Anglo Natni Corp 24 Weakness in German 5148 end 7s1Bk of Amer 43 on a steady turnover featured for- Cities Serv Co cm 131'j eign obligations Neon Lights Inr Owl Drug pfd Radio Corp of America Southern Cal Edison co N'irden Packing West Coast Life Ins 11:30 A To 2 Tuesday May American Tel fe Tel Cities Service Co cont General Motors Corp Goldman Sachs Forrest Gilmore Virden Packing Closing Quotations Monday May 11-Ugh' AN'i Corp of Dela Amer Tel et Tel 173 Anglo Natni Corp 24 Bk of Amer 43 Cities Serv Co cm 131 Neon Lights Inc 1170 13 I 1271 39141 39't 641 6' I 31 3 1 8 IStb LowClose Radio Corp 17 115 Radio Keith 16 1471 Real Silk Hosiery 13 13 Remington Rand 81 7'4 Republic Steel 131 121 Reynolds Tob 49 48 Republic Steel 13kg Reynolds Tob 494is 48 16111 1314 13 714 13 141 14 55 53 '4 54 711 6'4 1 7 174'3 16116 37137 I 37 44 42i 43 32 311i 31 63141 61i 62 19 i8 18 1034i 10 104 1014 101z 9141 91t 9141 21 1 218 Baldwin Loco Bait Ohio Barnsdall A Bendix Best Co Bethlehem Steel Bohn Aluminum Borden Co Borg Warner Briggs Mfg Bullard Co Buluva Watch Burroughs Ad 481: Richfield Oil I 1 Rio Grande Oil 412 4ls1 4)ii Royal Dutch 1 281 277s! 2811 1314 481: 3 75 163 18 1 24 24 42 42 13 13 5l4! 514 5111 Gen Motors Corp 39'11 39 1 39 Goldman Sachs 7 i tPti 6'1 lil Gilmore Co 2e lc 1 2c Palo Pet Cor Am 15c 15c 1 50 Radio Corp of Am 18 18 18 Cal Edison corn 44 i 44ai 443i Virden Packing 8 7 't 74i Industrials Mixed In the industrial group a gain of is was made by Associated In5111 Alice at 4i and Western Pipe and Steel was up 'A at 22'1 Crown Zellerbach C01111110n at 3 and Magnavox at I's were steady Food machinery on a turnover of only 300 shares dropped to a new all-time low at 21 but recovered to 2 off tl's from yesterdays close Other new lows were Continental Chemical at 117s down I's Hawaiian Pineapple at 26'1 of ts and Hunt Brothers Packing at 11 dov 1 Minor losses were shown by California Packing at 23 Caterpillar at 2444 Golden State Milk at ISIS Alaska Juneau at 15's Pitraffine at 34111 and spring Valley at 9 UM' ties Earn Recessions in the utility group were frartional Pacific Public riervice dropped to 201s PUbtle Sr- re new sold down 44 al Pacific (11I4 5's per cent me-erred at 211 lost Is arid Pacific lighting preferred at 10414 was off Pacific Gas common lost to a new low at 44'4 California-Ore grin Power 'Ts Pacific Public St'13 ice preferred and Pacific Lighting COMIntin were steady Tiansaincrica lost 1S at Vit on a turnover of 1500 shares Continuance Of Fox Dividend At Present BUTTER AND EGGS By CLAUDE A JAGGER siociated Press Financial Editor' NEW YORK May 19--The stock narket WWI subjected to fresh aVes of selling to-day but bears ecame wary and flurries of short overing caused mixed price trends Pivotal shares generally closed ith slight advances although here were several weak spots at he finish Rails were a strong roup early but lost most of their ains during a wave of selling durg the afeernoon Trading was acive during the first hour but diinished in volume thereafter and he 'days turnover was not much rger than yesterday's which aproximated 2500000 shares Steel Recovers United States Steel sold up 114 ants during the morning declined a new low at 97 off two points et during the afternoon then rated to finish only a fraction lowr American Can however closed wo points higher and shares (ridg the day with advances included leneral Electric Westinghouse 'orth American Standard of New ersey Du Pont and New York 'entre! Case was a weak leaure dropping six points Woolorth lost three and Corn Prodcts and Liggett and Meyers wo Eastman closed nearly four wer In the motion pictures Fox aramount and Warner all lost a oint or more Credit Cheap Further cheapening of credit ith consequent new high levels in Totted States Government securiles and continued demand for ighest grade bonds were among he days notable developments 'he reduction in the rate of inter-at which New York banks pay on ommercial deposits and deposits other banks from 1 to 12 of 1 per ent was considered the most MIortant step in the cheap money rogram since the cut in the New mit Federal Reserve rediscount ate from 2 to 171 per cent two eeks ago Call money renewed 112 per cent Texas Cuts Rate Reduction of Texas Corporation's uarterly dividend from 75 to 50 ents was a blow to the deep-dyed essimists over the oil outlook for hey' would not have been surprised an omission The stock quick responded to short covering The eekly petroleum statistics accordig to preliminary figures will how a large drop in crude output )r the second successive week By CLAUI Isoiociated Pre NEW YORK narket WWI 'aVes of Iselin eceme wary a overing causeo Pivotal shei ith slight here were se' he finish roup early bi ains during a the afeerno i ve during th inished in vo he days turn rger than ye roximated 25 Steel United State (Ards during a new low I et during the ed to finish American wo points big the day wi 1eneral Elec orth America ersey Du "entre! Case ure dropping orth lost tht do and Ligi wo Eastmar wer In the aramount an oint or more Cre Further ch 'ith consequel rnited States ies and con ighest grade he days ni 'he reduction at which Nee ommercial other banks ent was cons ortant step rogram since ork Federal ate from 2 eeks ago i 112 per eel Texal Reduction uarterly divi ents was a essimists ove hey would no an omissio responded 'eekly petrolc ig to prelir the secono how a large Pacific Public Service Al 2t1N1 20'4 Pacific Tel Tel com Standard Oil of Cal 354 Transamerica 74 73 WPipc St of Cal com 227 24'N Closing Quotations Monday May lAth lighllowClome 16 151 15 1514 15 15 494 4614 48 50 471 47 4 41 4 12 12141 13 8 8 1 814 4iI 31 4 44 I 421 42 16 731 76 30 291 30 10 9 4 10 17 17 17 67 63 'la 63 3514 341 35 35 34141 35 18 171 17 11 10141 10 34 331 33 19 181 18 St Joseph Lead 1 St Louis Safeway Stores Sears-Roebuck Shell Union Simmons Co Sinclair Oil Skelly Oil Edison Southern Pacific Southern Ry PR Sugar 1 Stand Brands Stand Gas Elec Stand Oil Calif Stand Oil Stand Oil Stewart-Warner Stone Webster Studebaker Timken Roller Texas Corp Tex Gulf Sul Transamerica Trico Products Humidity Dots Pry bulb her- Wt hilintaltv momPi er toplit per vent A $1 07 Non a IL Sorranirnto Ither Al t44elotnelito 1 A $1 feel: 0 4 foot ribe Calif Packing 231 23 1 23 Calumet Aris 281 28141 2814 Caluma Hecla 'I 61 614 1 6 Canada Dry 381 38 i 38 Canadian Pac 261 251 25 Case I 71 631 64 Caterpillar 25 241 25 Cerro de Pasco 16 151 15 Chesa Corp 37 363 1 37 Chesa Ohio 361 351 35rtii St pfd 7 7141 7 Chicago Rock Is 38 341 35 Childs Co 191 191 19 Chrysler 181 171 17 Cluett Peabody 24 1 24 1 24 Coca Cola 149148148 Colorado Fuel 15 141 14 Columbia Carbon 644 63 634 Columbia Gas 26 22 24 Col Grapha 71 7 7 Commer Credit 151 15 15 Commer Sol 121 12 1224 Common South 81 8 8 Congoleum 8341 8 8 Consol Cigar 324 3214 1 32 Consol Gas 90 884 1 89 Cont Baking A 12 11 12 Cont Can 50141 48 49 Continental Oil 61 6 6 Corn Products 621 591 60 Crucible Steel 45 441 45 Cudahy Packing 40 371 38 Curtis Wright 3 3 1 3 Curtis Wright A 47ni olY 474 SAN 1 RANCISCO May 19 (By Federal-State Market News and Grading Service) No1 candled extrab 191tc No1 candled extras medium 1814( No 1 extra 6111P II (pewee) 121te Quotations on eggs to the retail trade imbued by the Poultry Pro duecrs of Central California are as follows: Large 21c Medium 18c Small 13c Sacramento paying prices to pro ducers: Large 17c Medium 14c Small 9c Independent paying prices Lc oroducers: Large 15c Medium 12 Mixed colors 12c Smali 9c flutter (Prices paid by retail dealers are 34 to tc higher) Extra 25c Cheese California fancy flat 12c listintall aim Juiy I 19111 Normiti 'Ince July I lio30 17g1 11chec 7 f- 71 4 a Hess I 3 crta' 1 i I Ross -s' e- -2'-' v- 7- 5 -e) Eg Martin -t7 iiIiitir j-ir'2i li 4) i '-0) or ys! 'i 4 ''Vx'i: k4 le' 1-- vtii i i Wr k'' Small crjVG! Pi I I I I 'Or i ME: 1-- 1 Ahern lel si 1-11-ri 1 li 4'2 1844 39 42 21 40 7 33 42 20 39 14 7 33 6i 33 4 Chicago Grain CIIICAGO May weather conditions in the Spring crop belt both aides of the Canadian boundary checked sell-ere in the wheat market to-day and let to price upturns Only seven points in the prairie provinces of Canada received as much as 14 Inch of moisture Frost predictions for the Dakotas and Nebraska to-night also were bullish especially as wheat had declined almost 6 cents a bushel since Wednesday Vheat closed unsettled 1 cent higher corn if) 114 up oats rIt 114 advanced and provisions unchanged to 30 cents down Closing prices: Wheat old 82 new 8514 July 500 60 September 6014 Cri1304i December 641i 64 old 56 new 56 July 57 Cg 57 September 5614 it 56 December 45 old 2714V27 July 27 September 271 December 29 old 3714: new 3714 July 38 September 38 December 41 762 July 772 September 782 830 July 40 Dyron Jackson California Packg Caterpillar Tractr Crn Zelbch em vte Crn Zeibcti prit A Fire Mind lniir St Milk Pro Ilawnii Ltd llaw Pinvappl Ltd Magnavox Ltd Niagnin I coin 011 Vet' ti lei A Pa a 14 tir El coin 1st phi Pavan! Light vont Pae Puh fiery A Pa Tel corn Shell Un Oil coin Stand Oil of Cal TrlitiMilltivt tent (7til 4 4 4 24 23 23'i 2514) 24 24 3 8 3 30 30 30 791i 9 79'1 19 18 181ii 38 Soi 271i 27 27 2 17 1:1 13 13 18 18 18 4r41 417) 417i 28'A' 281 S31 53 20 201i I 20 1201101M 41 41:11 34 lid 34141 347 7Nol 77) 2314! 22'il 22 't Rate Believed In Doubt NEV YORK May tifl- Dow Jones i'4x Company says that regarillesa of the difference of opinion between the management Of F(Ilt Comma lion and thn banhere over the proper rate of film depreciation an (9( ft ululation of changes in the current fitset position during the last year indicates that actual cash is as to cast doubt on continuance of dividends at their present rate Fox hitil S2192599 cash on hand as of December 1929 which later was inereased to S9S77804 through finaneing of a year ago As of Itecomber 27 1930 the close of the fiscal year cash on hand was reduced to $17000110 with dividends of $21'25 0o0 payable January 15111 Underwood 47 461 47 Union Carbide 48 46k I 471i Union Oil Calif 16 16 16 United Aircraft 29 27 I 28 United Corp 214 20j 20 United Gas Imp 29I 281 2814 United Fruit 56 56 56 Ind Alc 30 30 30 Pipe Fdy 2314 22 23 Realty 17 1714 1714 Rubber 1274 1214 12 Smelting 16t 16 16 Steel 10014 97 98 United Stores 47ii 4 4 Uti Mica Pwr A 22 1 22 I 22 VEGETABLE MARKET Chase National Bank To Cut Interest Rate NEW YORK May 19---vm---The world's Ini gest bank Chase National of New York announced to-day that effective June 1st it would reduce the interest paid on compound interest or savings accounts to 2 per cent annually from the present rate of 3 per cent compounded monthly Thin step followed yesterday's announcement that New York clearing house banks were reducing rates allowed on commercial and bank deposits by one-half Of 1 per cept to the lowest levels on record arrd was regarded as part of the campaign to deflect surplus funds from banks which already find it difficult to employ money at current low interest rates Mutual savings banks in New York City are paying from 4 to 44 per cent The rise in eavings deposits in New York State this year has been larger than the increase for all of 1930 Drug Inc Du Pont 7021 692 70It Si I 79441 80 Eastman Kodak 44612139141 Elea Auto Lite 46 1 40iii 4512 Elea Power Lt 1 40 38Y 39 Endicott Johnson I 33 33 I 33 Erie fl 17 I 113 1 17 New York Stock And Bond Averages 351 35 1614i 13114 2641 251 26 Foster Wheeler Fox Film Freeport Texas 40141 3841 39 61 41 5 271 261 27 7 1 7 7 28 1 26 26 631 6114 6214 161 16' 16 41 4 4 65 62 62 55 6214 64 71 71 71 Vanadium Warner Eros Warren Bros Western Pacific Westinghs Airbit 1Vestinahs White Motors Wil ivs-Overland Woolworth Worthington Pump Wrielev CHAMBER PRINTS PLACER SOLDER Chicago Butter And Eggs CHICAGO May 16628 steady creamery extras 93 score 2214 standards PO score cat-- lots 224 extra firsts 90-91 score 21V214 firsts 88-89 score 20-2014ii seconds 86-87 score 18-19 Eggs 29545 steady to firm: ex tra firsts 18 fresh graded firsts 17 current receipts 1541 16 storage packed firsts 19 storar packed extras 19'ii I Reserve Bank Again Cuts Acceptance Rate NEW YORK May 19---R)--The 'edema! Reserve Bank of New 'ork to-day reduoed its buying rate acceptances by MI of 1 per cent 1 per cent for bills maturing in ixteen to ninety days The reduction is the fifth down yard revision in leas than four melts As quotations on accept neer! are in percentage yields the eduction la equivalent to an In rease in price The lower yields re another step in the federal reerve policy to force money rates lownward as an aid to business cceptances constitute an impol nt form of commercial credit One leading dealer reduced his Id and asked rates on bills ma-ring in ninety days or less by 14 1 per cent making the new rates per cent bid TA of 1 per cent ked Rese Cuts fi NEW YOR 'edema! Rese 'ork to-day ro acceptance 1 per cent ixteen to nin The reductil ard revisior 'eeks As a nces are in eduction is rease in prio re another a erve policy I ownward as cceptances nt form of Id nittincle ad iirtiea ring in nine i 1 per cent per cent ked Yellow True lc I 81 81 8 Total sales approximately 2800- Gen Amn Tank 58 561 56 General Asphalt 20 18141 1814 General Cigars 36 35 1 35 General Electric 40 391 4014 General Foods 49 47 4714 General Gas 5 4 5 General Motors 39 38 39 Gen Refract 341 34 34 General Theaters 4141 4 4 Graham-Paige 47i1 4 46 Gillette Sal Razor 331 321 33 Glidden Co 04:11 910 9111 Gold Dust 30141 291 29 Goodrich 101 101 10 Goodyear Tire 37141 351 36 Granby Copper 121 1211 12 Gt Northern pfd 471 441 47 Grigsby-Grunow 3 1 31121 3 8671 FRANeisco May 1 ARTICH0K KS Thee $125 Standard box: large field era tee $3 neer ASPARAGUS Green Ile Ic white graded 4 44 uhe lb BEA California Wni 7 (frac Kentucky Wonders Ye be Lime Nat loot ft: Southern lid leo Blit'SSKTs litiNcH S'EGETA 1311ett Dozen bunches: Carrots It qt 25c: radishee and parsiey l40o onions Snil7 She Lugs Otieti CA 4011 60e cwt CAGLI SLOWER atesne dozen fancy aticer SI 10 best 8600d100 sack flu i wroi I Se fancy 5 75 The flat SUB lb GA 10ift 12c lb LETTUCE Dry SOO 71te crate WatstnvtlIo dos $22 iced $LSOTS MVSTIROnMS Cultivated 40c lb field let lbo New Crop: Coscholls bite way 11160er LIS crate: Merced red Lett 61c California Illft 15 per Pound end Florida Dells ISM I fic: Iiieen Chile Ittia lb Cron (ifirtiell I 4i 2 44 lb white 1 te no fe RHUBARB San Jose extra fancy $LSOirt L75 SACK ED VEGETA MSe Carrel 715cet 00 beets 7Seer Sten white tu nips 76cellt0O: yellow turnips oreet 1100 Washington rutabagas SIbair 105 SQUASH Zucehini SI rat 11114 'canon 110007125 crate II 00 ft 110 lug banana Sel ee lb Hubbard 2 I 3e lb: cream ET POT I 4 44 I lb: Arkansas Nancy Halls 112Laill 2CO buhol TOM A (Oft 27f per lug crates 760 3 nu imperial Valley best 1000 2 00 crate FRUIT MARKET bitI1( KS (C1)Yr1111- IOW t-toinlord Stallatice 1 10 Ind 20 MU 2a VI Intel To-day log a 72 7 124 11 144 Pray dav Int 4 711 jt-I4 4 196 9 22'41 alto 2 P1-11 19 a 1197 Month two 9 177 179 1 j24 3-9r 1)3 1 1111 721 114 1 2 )r ago 1:0 12 4 2ot111 3 114 a 12 1 Nit 3 Utah 1911 II 2 194 144 1 191 I 4 I 1 -4 1 11ah I 34 4 141 a 191 It 10 1 09 112 9 ha 14r 3 17 11111 It 19 1s 11- 141 2 11 1 1 3 141: 1131 10 Ind 11 tilt 10 1 ot1 lav Pi 4 I 199 4 11 dolif pi 4 4 99 oa 4 14 1 agn At 4 jAl 4 too Mnhth 12 I )19 pot 7 12 4 93 7 11A I 4 3 11 1 ra age) 93 I' 11 4 ioit 3 v's 1010 96 6 161 9 P19 4 291 Wall 1121 10 4 117 7 lal I 91 7 a 111 13 1 11 7 4 4 93 9 144 44 I 101 Tw 1619 10 2 11 :4 6 4 Iltooll 1979 96 3 in 11 4 111 loit 191It 4 I on 4o It f4 3 London Bar Silver LoNDoN May 19--t4t1-- Mir ver 12 9-164 per ounce Money 13 per cent San Francisco Livestock SOUTH SAN FRANCISCO May States Depa ment of 200 all California slow The to 25c lower lond 750 package 225-lb 725 packing Howl 5 WI 6 00 Cattle 125 light steers steady to strong two loads good fed 900 to 1090-1h Californias 700'4 7 40 load rriPtiillin hOi(10Vern 6 6(1 load 865-lb Mexicans 575 part load 550-1b feeder steers 500 Calves 75 direct car-lot light veale18 750VR25 Sheep 2175 good to choice lambs steady: four decks 'good 68 to 70-11) 7401)750 deck medium 61-lb 7 25: package 65-11) feeder lambs 5 50 ewes steady package good 137-1b shorn 2 25 Real Estate Transfers 93 36 17 16 7 921 93 33141 34'4 171 17 151 15 7 7 Hershey Choc Houston Oil Howe Sound Hudson Uotors Hupp Motors POULTRY MARKET POULT Eastern Fruit Prices GRAIN MARKET Indian Refining 241 2'141 2144 Indust Rayon 277411 27141 2714 Inspimin Copper 0141 614: 014 Intl Cement 31141 2914 2914 Intl Hydroelee 22141 2214 2214 Intl Nlateh pfd f5141 53 53 Intl Ilarveeter 4 46 1 447 4574 Intl Nirkel 12 111 11 Intl Tel Tel 26141 247it 25 Jewel Tea 43 I 51141 4114 Johns Manville 454 1 421441 43 SAN FRANCISCO May IS-664-ffe11 eral-State Market New' I some looms" In receipt" wholesale 11 prices of man" fruit" were ranging lower to-day Small sized cherries were almost a drug on the market A l'141-1ES Ca Worn's Newtown" loose (thrall! 00 Del box pecked (sae' $1000 160: small lower Oregon: Sew towns faney large $2 9001 26 small 61601 grade 81250160 Waabing ton Velicious extra fancy $2 efitt: 76 13 0002 2fi linmo 13point ye fem' 111 25 1 IVinttssps extra fancy ozvp 2 2: fancy 11004s 200 61114c lb A 860 41ict other varietlea 2546 t5o RANA IVAS Hawaiian host 4425c lb Ventre sanerica me 8 16 Sc lb Door or low? CA NI $3 sn sitytdard tfis ponles 1225 81 300 bulk 6 21 6 1h Hines smelt 6010o lb Royal Anne 11000r126 $100012fi flat TA Leeds 1 60 box 60862 00 hilt orange box 4OI lb Mantatillia 604e lb 81260278 extra fancy Winter Vent 62 OAR 60 PERS! tioNt4-46 016c box Door lOO OriNcrs 7fie It RIES-7601100 crate it14 7Oc crote Iri ANN ti ES crate: drro: Arm Grande g5e 21 Sqcrrnnto stan165 20 bkle TANGA skriai)ved Ii CI 1 te GRA $2760 4 00 large $400: Arizona 63750000 choice Vic leas I 81 On rhOler 50(06100 lette Lemonettes $126e 2 60 ORANGES Neve6 $4000 47fi box choice 26060o lees: unwranned orchard run $2000t00 Valencia' 8300 0400 SAN FRANCiern fay I (N) Sedorfil-Stat OlnrItI Newel rico' pool produto for live toultro 'livered In San froncloro HeNs--1eglowns 701 Ilk: Vol-red fi lbs and over 2411 2lle owlet llte BROILERS Leghorn 12017 dna 20c It lb per (Iva Ind on tn lbo $66 :4 lOo 23e ROAST 3414 lb 340 fie: over 14 lbs $1e HOOSTERS--Oid Leghorn Os 14e otorq 242Se Slonuunn: FILd ter er lb outNCA OWIM Yount pot do orninat old 440001100 glom bet dos $1248 30 por Ipi toetr JACK ItAbBlItS--Pot dot 'dressed) :0000110 MIL(ITAN 4 the 12t Dm and over le grfigrrlreiVeMtl CAN FRANC Fadorai-Stat rice' paid pre Civerari In Sre eNs---1eult red fi lbs 111 111 re RHOILERR 0e me dela 2 Lorhorna be: over 5t4 i BOOSTERS-- red tve eller Etilr-Youi or ib GUINCA 110 ominot old PIGEON16-A so FinABS-411 JACK ItAbB TIMIATAN 14 Ihn and over 12 1014 19 26 27 207 Keyser Julius 12141 12 Keivinator 10141 104 Kennecott Copper 19t 1R14 Kresge 261 26115 Kroger 2S11 2(1 Kroever 2111 201 ChIcago Livestock cilicAGO May 19 ---o11- United States Department of Agriculture) Ilugs--17000: fairly active pienriy to 10c higher 100-200 Hoc OM it 700 250-350 Ihs 665 packing sows 52511585 Cattle-5000 calves 3000 'thinning demand narrow it)WPr grades fully steady especially light offerings selling at 750 downward: steers 600-1300 lbs 7 25 'q 9 00 1300- '1500 lbs 700119 00 heifers 8 25 cows 500ro 00 bulk 400 'S25: vealet r4 I 9 50 stocker and feeder rattle OPP? fd 600-1(61) tIn TY) a 8 Ott Sheep-- 11000 Pt (RI th shad lowPr: ell pl)Pd lambs 8 Mit 50 woolsk Inn narce native apringets 1000411 00 lambs 90 Ihn down 8006) 8 85 91-100 lbs 87511 873 ewes 90450 11)s 20011325 $AN FRANCP4c0 91ey 19 WHEAT II 307113b feed II POYt 13E NA1119 Ran Feet $I2 reAlme II 2714 type 8140: telarlout 8135 ahlpning common $IM lied feel It 201181 II CORN re' milo 11 Mt 1 211 EvntIa' II 4214 11 1 47 sown yellow No a 81 7001 71: 8 al 111 01 ES (n A IN ItA1191 taleutte snot EA gen Quentin 7 HA hav choice $18 0017 let Nil to Nn I lfi 19 no temp oat hal meellum to choice 812 00k ir tq wit hey rely tL me Slum 111 00012 no MI oat hey me Alum tO fion1 nO etre III rine 13 09 elfalte hey fait to ehni 119 ootte An FrEl PT A OF 2e9 quarter eeeke: riev Es 61:1 cAnti enrIL I A0f) centely: OnPOIP 1E3 stickily Rey 132 tone: hids 394: lemons and oranges boo boxes: 11Yeetock 38:41 head County Resources Are Told In Booklet Now Ready For Distribution 1108EVILLE (Pierer Co) Nay 19-The Placer County Chamber of Commerce has a supply of 15000 new containing information concerning the county which is advertised as a continent within a county According to the Information gathered by the chamber of le compiling the bookletPierer County has a wide diversity of redourcem In the county are mange groves olive groves thou Pandm of Notes of plume peaches pears and other deciduoui tribitl rich deposits of gold copper chrome limestone penile and pot tory clays Springi of medicinal value vast hetet? Of vligin timber flehle tit wheat oate barley alfalfa and rice In addition there are legions of almost perpetual snow hind there are mountain dieWein with beautiful lakes and canyone containing numerous resorts for recreation Now A Fruit Cntor Oilginally queer County was exclusively a mining locality During late yeere it 1101M developed Into 11 fruit center shipping over 6500 carloads annually of cherries peaches plume grape pears and orangee Lincoln is the location of a Met mat belt vdiere citrud 'fruits may be raised without fear Of frost I Lincoln le also the center of a vast 'grain area Turkeys and poultry are raised In large quantities in this locality The clay beds around Linroln ale among the largest and best in the United States and the present annual output is over 120- OW tons Ie itibi I City In ttoneville are located the gimps and yardd of the Southern Pacific Company and the Pacific Fruit Express with a monthly pay roll averaging l2500oo Itomeville its the netural junction of transportation In all direction and le now the lergemt car distributing point In the West An olive oil mill in Roseville caret' for the olive crop of the county as well an of other districts Rocklin is known for its granite quarriee the material for many public buildings coming from this place There are vast areas of mining localitiem Will undeveloped According to mining authoritem there re-mane a potential gold production In the country of over one billion dollars This gold Is located In the old river channels Of FletS IN 51 CITIES 1enibr rt Company! 69'41 C7'iii 6914 rim Fink 1 261 251 251 Liggett Myete 7jt4l 72'4 721i 11qu4 Cartonic 29 1 28 1 29 tmews Inc 4341 41'' 421( lorillard 17'i 181! 1614 McKemson Bobbins 12 1 111's 11 McKeesport Tin 79 77141 7814 Mack Truck 28 27141 27 Methieson 181 1814 18 May Dept Stores 32 80 30 Mexican Beetroatd 15 1414 14 Miami Copper 6 6 64 Mid-Conte Pete ti 8 8 131 114 13 New York Cotton NEW YORK May futures closed: Prieto! realized pa California fruits In the East 'rhe following report 14 rubmitted by the California Fruit Exrhsnite NEW 1 Ofth Tartarlana 120 flings 1155: Armes 125 Itiggereau 1 20 lambert lags Bin' 150 California lugs Rings 2 20 lubs liiggereau 150: Armes 1 50: 17-114 lug Tortsrians 2 00 Annex 2 10 Iiingm 2 10: lugs Tartu! lanH 245 Ilitigt 310 24 lb Ingit Tarts' lane 2 15 utnies To riarinns 145 Easter Pwilt rom 1 20 11 2 10 IN114 145 it 220 An jowl 110 IMAGO Tariarin I 10 erste Tartarlans 110 retire lugs Tarlarbins 100: boxes Rings 2 15 lambert lugs Rings 2 05 crates Rings 1430 110STON Dings 1 Is5 Tartrrians 125 Anne 165 Lambert lugs Pings 2 15 Itiggerend 205: Tartarlans 145 Jeffie lugs Tartarisns 1 25 Campbell lugs Tsr isrlans 1140 Drooklide 1ui4s Armes 125 CHILADELP111 A tines 1 451P 150 Dings 1 15Ii 2 20 l'artai tans I 151'1 40 Codex lugm Tartar tans 140 fared lambert lug4 snot 1 05 crates Tartnrians 1 55a 150: 17-11) lugs Tartarians I554 170 Lambe? tm 17-lb bigot 110 i'ITTIOIC11611 Tariarlsins 165 rambert Illgq Tariarians 195 DETROIT Cherries Boxes Annex 110 lambert lugs Armes 190: Califor nia lugs Armes 245 boxes Dings ill l'arlarlans 155 Lamberts 170 Bar Silver NEW IfORH May silver 274c a decline of Rank of America National Trust Saving Aratociation to Chrlat and Nicolett (wife) Mantilla (May 14 ft lot I it and 17th and ISth lien IA011811 enlmattiv to liar A and Helen (wife) aliller (May 6 Lot 21 31(iniev 101 Trrod mnt1 Wright Kinthrouh to A and Anna Niumi 1 Ito) Hot ktIt May i 3 37 A right 6i Niitintoutth iuaranto Loan A ittiolit Ion toorair Stork itdav II 131-12 erne 1cittett In section ii3-2-I and right of a let' Carl Lund rairciel to George If Rob InFtql 4MMy 1 17 Ciardan land Julia Pringliman In Robot Bouelltran (Quit claim deed (Mae 4 ft 9 in nt lots 1 and 2 block 22 North Sacramento Subdivision I and lot 9 11Jck 27 Woodiake Ittelifet in eetton 1 end 14 Itanetio Del pogo Ito and Adana (wife Itrooke to Ilene Col" (March 1921i Lot Eitnhurat tt11-4 A and rota A (wife) Moran to Mrcontile linilding Loan Amortaltn (Aspill 726 and 727 Carlo ton Thrrintehy Rdtv tnrotli 11V and Poi' erton(3an comtnv Haim and I I iufto (M It 4 Lund Loire Terme Unit I Roo Morton to 91 PI 1131reaor CMirien Perkina liertha A Perkin (wife) County of Saorainnin at id (Q0let title Mae 1931)-11winnino at Point on 141Y right of was line county highwal known as Jaellann Road In cote' 77 dog 67 nun 1706 60 ft from NE coiner of 141614 of Pertion 14-11-6 and runninc thnce along amid Fie right of way line At daft IS min 23144 then 8 0 tig 24 min 69220 ft thnra 1111 deg 42 min 235 ft thenea 0 dea 25 thin 492 It to oint beginning containing 1449 (terns 11411 and 'aura (wife) Fox City of Sooramento (May 12 at rage margin' interaoction of 11v line of II treet with Elv line 17th Streat gold Point being (Inertioot at Inc911 f4 71 dog 4R min 14a 711 It- 14 k3 deg 04 27 min 1 194 99 ft and deg 2427 min tr 4614 ft rrni 'lima monument marking renter line iniereaerdion Filty-Rizth 0144 awl strto then tint' maid wont of herinninte 19 neir 46 min It 27 11 ft along Ely line 91(tyoeyenth opt to noint theme in NEly flirotinn hv curve to 'eft having radium of 4o ft kni hoe chord heart tint 07 min 27 'it ft to 'tint thence 71 411 min P1 160115 ft to point on WI right nt woe 11 thnera S1 11 dee 33 min 12 41 ft ailong WI richt of way 8 4 to present My line Prent than 6 77 dog 09 loin M' 1R1 nil ft 'lona Preaent Ni? line If atreet to noint of beginning containing 00927 era Richard and Maria fttelfat Coombe to John Turner and Mare Turnar (May 13 1q311-1ritetional part of 144 of section 23-7 -A tobtaininy 103 acres Miriam Hubbell (Ingle' to If A and Mare Ann (wife' Letomon IMerh IfA1--a4 lot 3 Hock 1 I air liana A 'Winn Mgt 1 11110mt enlon 7111 101 A I 1 huhami I 10n1(01v fr John It owl Muria' A twifpi (Mrot 1 VGI Lot 34 Carinkhael nri A Vnn Itureson al0 twidowtod to and Minnie 31tY iwitet Pitman (Slav 10 ft of Widi lot I ccl lath and lutIi also Portion of Lie lot I Mirlarn Hubbell (414101 to Jacknon (Wont (May If 1 lot I biock I rale Oaks Addition 1 Sunset Colony Pronertv Corftdratinn to Vet crane Wifara linard of ktata of California (Mae 1 230 Wright Eimbrouttal TriWt Jetta A and Minnie A ((Wet IferiAren In John intngtrier and Ida littntinger Va 14 41 elf it Vortligt Prolong Mel 7Aw Malta Clog May 909 8 93 194 911 July 9 39 0 04 910-13 917 Octobp 994 10 At 0 44-49 963 1764cam hay 994 PO 064-50 975 Jauary 9 I I 71 9 79 9 99 March 1013 990 922911 1005 EM a clay I rill mt FM 2 MS 1 ri -4111t 41 iti 1 'ili I NitC A 41C (IN -P 41111M a day FOREIGN EXCHANGE GOVERNMENT i'011 Mar 118 Foreign vairloing irremultor Col NTRY IL PAK 10-DAY England Pnd $183 Itts88 18-82 nynre rrnne 102e 20114r holy 11re 104e 8 234d3 rfrittlum Irne 198o 13111e firmv Illehmk Utile 238114 0 ifolind Geld 402e 401 ti 14ein krone 101Ie 20179140 Derek it testi 201 20117e alR1140 Grer 20146 Poland 2122e Menteeei 0090e BONDS 111 410 tfi "7 La 4cp New York Butter And Eggs NEW YORK May 19 (k) Eggs 619117 firm mixed colors storage parked closely Pelorted heavy 211122 extra first firet 19141914j medium firsts 17' 17 regular pecked extra 20144 21 exile fit 1634 ffr 19 lust 18 sieronds 17417 medium firsts 16 neerby hennery whitu mediums 1914120 nearby end western regular packed closely selected browns extras 224 241i gathered brown extres 2111 22 Butter 26750 firm Metal Market NEW 'YORK May per quiet electrolytic spot and future 9 Iron quiet unchanged Tin easter spot and nearby 23 62 future 2380 Lead sinedy spot New York 315 Eamt St Louie 3 Zinn quirt East St Louis spot and future 3 35 Antimony CA Cash Crain enicAGo mny 1 No 1 herd 83 No 5 yellow hard 70: No 1 mixed 51 retA3 Corn Ni 1 mixed 6614: No I yellow 574 No 1 white 57 Oats No 2 white28V28 No 8 white Rye No 1 44 Tie dee Timothy owed A 251J Clover seed 107541775 Lard 872 ribs 837 bellies 837 SEE how 44 cants day builds from 22000 to $5400 or vacations travel retirement Strictly nonspeculetive Investors Syndicate Plan paid clients $325682547 its 1930 Send today lot Ira ex planatory booldet "Enjoy Money" 200000 INVESTORS 4 cents day sris $2000 to lot vacations rent Strictly ive Investors paid clients 1930 lot Ire ex )1(let "Enjoy VESTORS SEE travel' nonsp Syndics $3256 Sem Money 1)1 0 BANK CLEARINGS A SOLID FOUNDATION UPON WHICH TO ESTABLISH AND MAINTAIN A BALANCED INVESTMENT ACCOUNT Iya 1 PE May lat 1931 $1111811311A HONOR 101t OXFORD (England) May University will confer an honorary degree of doctor of science On Professor Albert Fin-stein at a special convocation FIRE BURNS ON ISLANDS IN ISLETON REGION ISIETON (Sa(ramento Co) May 19--Fire which originated on Ida Island fanned by the heavy wind on Monday crossed the slough and set the to grass on the ranch of Itodspp The blaze spread to the grain field of Mo Cormaek adjoining The Ieleton fire department responded and got the blaze under control lowirelnrrerwrirgrwevergrvw Id "IM)01 motar VIPPWWWV ir Sod "tit Nonemi MONS z4--zz- Burke COMPANY 4 Compiete Brokerage Service Accounts carried on conservative martin Comp Lao Moutoient rocildies Attu loble Through Au Brouch of Boll( of Aoseritg er A BANKAMERICA COMPANY INVESTORS SYNDICATE FOUNDED18g4 SRI Cilthiltle lint! Lici 1111d11111 if ItACIAUENTO CALM LOS AN511411'4i kiliNNEAPOLIS v') TORS ED18g4 'ft et LIII IIIdh5 if Ito CALM LOS ANGELS frsPOLIS SY I SRI )1147-: BUSINESS MEN CONTRACTORS PUBLIC MEN LIBERTY BOND PRICES l'01114 31ty ollowinK nre to-41ny's clotting pri ml of liberty ISOnthi nit the New iork Stock Enrhnnget 111terly 3110 10210 Liberty Iftt 4'10 10313 Liberty 4th 414n 10111 10 Itegintered 103 MRS GLADYS ROGERS IS DEAD IN WEIMAR ROSEVILLE (Placer Co) May Magner of Broyer and Niagner went to Weimar yesterday for the body of Mrs Gladys Rogers who died following a long illness She leaves her husband John Rogers and two children She is a sister-in-law of Mr and Mrs Clinton Coker New Orleans Cotton NEW ORLEANA May Cotton futurPti clo99PI 9togrly At net declinPs of 7 to 11 pointtt High 11111P (10 May 14 401 9 60 ti 110y 039 9 0- 1112 pltrhpr 9 94 939 49-49 11mhr 94 991 91 9 79 tunflAry 9 P3 971 i41d 9 11 arcti 1930 1111 014 1004 Dirret Private Wire 1115 Oth St Sac'to Phone Main 2850-51 SACRAMENTO SAN FRANCISCO Los ANGE128 Can obtain Deily Now Pipe per Clip iPings from Alien's Primo Clippinor tiurrau He Commercial Et ban Calif Id Mb re.