OCR Interpretation


Evening star. [volume] (Washington, D.C.) 1854-1972, June 13, 1929, Image 12

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1929-06-13/ed-1/seq-12/

What is OCR?


Thumbnail for 12

12
CAPITAL TRACTION
DIVIDEND STANDS
Directors Declare Usual
Quarterly 1 3-4 Pet., Pay
ment at Meeting Today.
BY EDWARD C. STONE.
The board of directors of the Capital
Traction Co. declared the regular divi
dend of $1.75 per share‘at the monthly
meeting today.
This is the most
Important dividend " '' "
announeem ent ,t* v ...
made in Washing- 1
ton for some time, mm;... \
as it had been JjKifc.
broadly hinted. Hkkv |
with considerable
reason for such :-*
Intimation, that *
the board planned ? /.'
to cut the rate
from 7 to 6 per {
cent and. possibly
to 5 per cent. f A
Evidently the
matter was dis
cussed at consid
erable It ngth, as ‘aaaffiyffiwrfri I«m
the directors were Maurice otterback.
In session longer
than usual. It has been generally
known for a long time that the com
pany was not earning the full dividend,
street car traffic having fallen off be
cause of private automobiles and new
bus lines.
The traction, however, has a large
reserve fund, one amply sufficient to
make up any shortage in dividend earn
ings for several years. Declaration of
the regular quarterly disbursement in
dicates that the directors did not con
sider this the proper time to reduce the
payment. To the host of local stock
holders the company's action today will
bring wide satisfaction, as well as relief.
Trading was quiet on the local Stock
Exchange today. Capital Traction
moved to the extention of 70 shares at
94. Ten shares of Gas sold at 124, off
a point from yesterday. Me.genthaler
sold ex-dividend at the long-prevailing
price of 105. Bonds were in fairly good
demand at unchanged prices.
Otterback Again Bank’s Head.
Maurice Otterback was elected presi
dent of the Anacostia Bank for the
eleventh time at the annual meeting
held yesterday. S. A. Manuel was re
elected first vice president, J. Frank
Campbell second vice president and
Charles W. Warden was added to the
official family as third vice president.
W. L. Koontz was re-elected cashier,
Alfred W. Pohl assistant cashier and
George C. Gertman counsel.
The present directors are J. Frank
Campbell, Charles W. Warden, A. E.
Gude, George S. King, S. A. Manuel,
Joseph J. Mundel, Maurice Otterback,
L. W. Thompson, Robert Thompson and
James E. Toner.
The directors declared the usual 5 per
cent quarterly dividend due at this
time and President Otterback reported
that the bank had enjoyed one of its
most successful years. He announced a
$90,000 gain in resources during the
past 12 months.
Insurance Convention Theme.
“The Second Hundred Billion” is the
theme of the annual convention of the
National Association of Life Under
writers to be held in Washington Sep
tember 25. 20 and 27, according to the
announcement by President Paul F.
Clark
In the selection of this theme the
Association is celebrating the comple
tion of the first $100,000,000,000 of life
insurance in force on the lives of the
American people. It is estimated that
the institution of lire insurance will
cross the “hundred billion line” about
the middle of September of this year.
The District of Columbia Under
writers’ Association held its first meet
ing today since the election of Harold
D. Craft as president. The session was
held at the Arlington Hotel, beginning
at 12:30. The speaker was George A.
Lilly, managing director of the Ameri
can Dental Trade Association, who was
to talk on “A Layman’s View of Life
Insurance.”
The newest members elected to the
local association are P. B. Magruder, !
Helen Shartzer, E. J. Shellentrager and
F. X. Callahan. The association is now
having a drive for 100 members.
Bond Outing Reservations Heavy.
The Bond Club of Washington will
have a record attendance at the an
nual outing tomorrow at the Burning
Tree Club. Seventy reservations for the
dinner had been received this forenoon,
which means that last year’s attend
ance of 85 will probably be exceeded.
The Stock Exchange seats had been
oversubscribed today and were selling
at a premium. The outing starts at 1
o'clock and the contests for the various
golf prizes will get away at 2:30. C. C.
Morgan, chairman of the committee,
and Kenneth S. Wales, the president,
announce that a large number of bank
ers are planning to Join the bond men
on the outing. An important feature
will be the annual election of officers.
Heard in Financial District.
William D. Hoover, president of the
National Savings & Trust Co., is back
at his desk after a three-week fishing
trip at the Rangley Lakes, in Maine.
His best fish was a six-pounder, but he
admits that one carried off his bait
that would have weighed a good deal
more than that.
Thomas J. Groom, vice president and
cashier of the 'Washington Mechanics’
Savings Bank, received a diploma from
Columbus Law School last evening, the
graduating exercises being held at the
Mayflower Hotel. Mr. Groom received
many hearty congratulations today from
other bankers.
G. Bowie Chipman, resident partner
of Harriman & Co., has returned from
a business trip to New York. He is
having his new Summer home on the
Maine coast made ready for the season.
John W. Childress, formerly chair
man of the Public Utilities Commission
of the District of Columbia, has as
sumed his new duties as general agent
of United States Lines Operations, Inc.,
with local offices at 1027 Connecticut
avenue. His appointment to this posi
tion has Just been officially announced
from the general offices at 45 Broadway,
New York, although the move was an
ticipated here when he resigned from
the Utilities Commission.
At the bankers’ luncheon yesterday at
the Willard resolutions offered by H. H.
McKee were adopted expressing the
hope of the speedy recovery of Charles
J. Bell, chairman of the board of the
American Security & Trust Co.
Dividends and Other Notes.
The board of directors of Call Carl,
Inc., at their meeting on June 11 de
clared the usual semi-annual dividend
of 3'/2 per cent on the preferred stock
and a semi-annual dividend on the
common stock of SI.OO per share, pay
able on July 10, 1929, to stockholders of
record on June 29, 1929.
The Virginian Railway has declared
the regular semi-annual dividend of $3
on the preferred, payable August 1 to
stock of record July 13.
Reports received from the 12 Federal
Reserve Banks show that for the
Treasury offering, which was for $400,-
300,000, or thereabouts, total subscrip
tions aggregate some $1,118,000,000.
The total number of registered auto
mobiles in the world on January 1,
1929, was 32,028,584. of Which 27,007,965
W'ere passenger cars, 4,702,950 trucks
and 317,669 busses. Motor cycles to
taled 2.262,932. The figures are based
on statistics furnished today by the De
partment of Commerce.
The United States leads the world in
automobile registration, with the over
whelming total of 24,629,921, or 76.90
per cent of the world total. Os these,
21,423,597 are passenger cars, or one
car to very 5.6 persons. The ratio of
world passenger cars to world popuif
jpt-i is one cox ts ®very 70 persons. M
1’ .vUAL.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE
For Complete Compilation of Sales See 5: SO Edition.
r-Prev. 1929—, Stock and Sales— Prey.
High Low. Dividend Rate. Add 00. High. Low. Close. Close.
54% 381* Abittbl Power & Pap 1 39% 39% 39% 3914
96 85 Adams Exp pf (6)... 1 86!i 861* 8614 86%
1041* 27 Advance Rumley 8 37 36 36% 35%
119 401* Advance Rumley pf. 1 67 67 67 66
41* 2 Ahumada Lead 2 2% 2% 214 2>*
142% 951* Air Reduction <t3).. 89 1411* 13814 139% 142%
48% 37% Airway Elec (2%)... . 8 43% 42% 42% 43
11% 4% Ajax Rubber 15% 5% 6% 6%
10% 4% Alaska Juneau 16% 6% 6% 6%
25 12 Albany P W"Paper.. 3 19 18 10 17
37% 27% Alleghany Corp 19 34 33% 33% 33%
105% 99% Alleghany Cps (6%) 42 100% 100% 100% 100%
100% 100% Alleg’y pf rcts(6%). 8 100% 100% 100% 100%
305% 241 Allied Ch & Dye (6). 15 289 V» 284 289% 285
212% 166 Allis-Chalm Ms (7).. 10 212% 210% 212 210%
42% 22% Amerada Corp <2). .. 16 27 25% 27 26
23% 101* Am Agricul Chem. .. 5 11% 11% 11% 11%
73% 40% Am Agricui Ch pf. .. 3 42% 41% 41% 42%
134% 110 Am Bank Note (f 3).. 1 122 122 122 123
60% 46 Am Beet Sugar pf... 2 61% 61 51 50%
73% 40% Am Bosch Magneto.. 16 52 50% 51% 50%
62 45 Am BrS & F (hi.6o). 1 62% 62% 52% 52%
34% 15% Am Brown Bov Elec. 22 324, 31% 32 31%
104 49% Am Brown Bov pf 7. 40a 103V* 102 102 104
151% 107% Am Can < 14) 532 142% 139 142 138%
142 139% Am Can pf (7) 1 140% 140% 140% 140%
106% 92 Am Car&Fdy (6)... 15 101% 100 100 99%
85% 70% Am Chain pf (7) 1 77 77 77 78
69% 46% Am Chicle (2) 41 58% 56% 67% 57%
55 43% Am Com Ale (k 1.60). 26 61%, 50% 51% 50%
47% 23% Am Encaust Til (2).. 3 30 30 30 31%
138% 75% Am & For Power 207 107% 103%, 107% 102%
103 88 Am & For Pw 2d pf.. 1 90 90 90 90
42 24V* Am Hawaiian (1)... 6 36 35% 35% 36%
10 6% Am Hide* Leather. 17% 7% 7% 7%
42 30Vi Am Hide & Lea pf... 1 38% 38% 38% 37
85% 64 Am Home Prd (3.60) 2 69 69 69 68%
46 38 Am Ice (t 3) 16 43% 42% 43 42
96 89% Am Ice pf (6) 1 92% 92% 92% 92
76% 52% Am Internat (t 2). .. 125 65% 62 63% 62V*
8% 4% Am La F&Foamite. 1 6 5 5 5%
126% 102% Am Locomotive (8). 11 124% 123 124 125%,
188% 147% AmMch&Fdy (4).. 2 156% 15614 156V* 155
116% 108 Am M&Fpf xw (7).. 40s 109 108 109 108
81% 50 Am Metal (3) 9 56% 56V* 66% 56%
17% 5% Am Piano 5 6% 4 5 5%
55 30 Am Piano pf 10s 27% 25% 25% 27V*
123% 81% AmPow&Lt (1D... 113 127% 118 127 118
80 70 AmP& Lpf A (3)... 17 74 74 74 74%
52% 40% Am Rad &S S (1%).. 41 45 43% 43% 43%
188 129% Am liy Express (6).. 1 154 154 154 154
64% 48% Am Republics 1 49 49 49 49
121% 106% Am Roll Mill (c 2)... 15 112 109% 112 109%
74% 61 Am Safety Ra* (t 5). 5 62V* 61 62% 61
94 82 Am Shipbuilding (8) 20s 82 81% 81% 82%
124% 93% Am Sm & Ref (4) 17 99% 98% 99 98%
138 130 AmSm&Ref pf (7). 2 133 133 133 133
206 179% Am Snuff (12) 1 183 183 183 179%
79% 56 Am Steel Fdy (3) 45 65% 64% 65 64
85 66 Am Stores (2) 4 68 68 68 70
238% 193% Am Tel & Tel (9).... 22 212 207% 212 207
186% 160 Am Tobacco (8) 1 170 170 170 170
188 160% Am Tobacco B (8)... 6 170% 170 170 170%
121% 116 Am Tobacco pf (6). . 1 115% 115V* 115% 116
155 136% Am Type Fdry (8)... 1 145 145 145 147%
127% 67V* Am Water Wks (cl). 416 140% 135 136% 134%
104 97 Am Water W lst(6). 1 102 102 102 101%
27% 18 Am Woolen 2 19% 19% 19% 19%
58% 43% Am Woolen pf 1 44% 44% 44% 44%
49% 24% Am Zinc Ld&Sm..... 1 28 28 28 28%
111% 95 Am Zinc Ld&Sm pf.. 2 105 105 105 99
140 99 Anaconda Copper... 294 104% 103% 104% 1041*
86% 64 Anaconda W&C (3).. 3 64% 62% 64% 64
62% 44 Anchor Cap (2.40)... 3 46% 45% 46% 45%
68% 44% Andes Copper (3)... 43 51% 60% 60% 60%
49% 29 Archer-Dan-M (2)... 15 33 31% 32 31%
95 85% Armour Del pf (7)... 1 86% 85% 86% 86
86 72 Armour 111 pf (7).... 1 73% 73% 73% 73
18% 10% Armour 111 (A) 2 11 10% 10% 11
10% 6% Armour 111 (8)...... S 6% 6% 5% 6%
30% 27 Art Metal (1%) 2 28 28 28 28
57% 49% Asso Appllnd (4)... 17 57 65V* 67 65%
70% 43 Asso Dry G (2%).... 4 48 43% 48 44%
110 94 Asso DG2d pf (7)... 1 94% 94% 94% 96
47% 40% Asso Oil (2) 40s 43 43 43 43
226% 195% AtchT&SFe (10).. 26 216% 211% 212 210%
191% 169 Atl Coast Line (tlO). 2 184% 186 184% 185V*
66% 32% AtIG&W Indies..., 10 62% 61% 61% 62
59% 45% AtIG&W Lpf (4).. 1 65 55 55 66%
71% 53% Atl Refining (tl%). . 763 71% 68% 71 68%
106V* 100 Atlas Powdr pf («).. 20s 100 100 100 100
275 221 Auto (j 4)... 49 293 279% 293 275
10 5% Austin Nichols 2 6 6 6 6%
35% 22% Autosales 1 30% 30% 30% 30V*
43% 36% Autosales pf (3) , 1 39% 39% 39% 39%
B
125 114% Baldwin Loco pf (7). 40s 115 114% 114% 114%
133 115% Balto&Ohlo (6).... 21 118% 116% 117% 116%
80% 75V* Balto & Ohio pf (4).. 1 76 75 75 75V*
75% 64% Bang&Aroos (3%). 14 71% 70% 71 71%
110% 105 Bang & Aroos pf (7). 10s 108 108 108 108
29% 13 Barnet Leather 8 8% 77% 13
49% 38% Barnsdall (2) 68 41% 41% 41% 41%
106% 100 Bayuk Cgr Ist pf (7). 10s 100% 100% 100% 101
28% 20 Beacon Oil 7 26% 25% 26% 25%
17% 11% Belding-Heminway.. 1 12% 12% 12% 12%
93% 78 Bcndix Aviation (2). 1 86 84% 84% 83%
93% 75% Best &Co (3) 2 83% 82% 83% 84%
118% 82% Bethlehem Steel (4). 667 106% 101% 105 100%
123 116% Bethlehem St pf (7). 2 117% 117% 117% 118%
118 97 Blumenthal pf (7).. 290 s 105% 102 106% 104
136% 110% Bohn A1 &Brass(t4). 1 113 113 113 113
11% 6 Booth Fisheries 6 6% 6% 6% 6%
98 83% Borden Co (3) 33 86% 84 86% 85
143% 107 Borg Warner (J 4)... 45 116% 115 116 115
109% 85 Boston & Maine 12 105% 104% 106% 105
63% 3014 Briggs Mfg 48 32% 31% 32% 32
73% 42% Brockway MT (3)... 2 49% 49% 49% 51
81% 60% Bklyn-Manhat (4)... 15 64% 63% 64% 63%
200% 170 Bklyn Union Gas (5) 22 183 179 181 179%
119% 117 Brown Shoe pf (7)... 10 117% 117% 117V* 117%
50 38% Bucyruscvpf (2%). 1 41 41 41 41%
68% 62 Buffalo & Susq pf (4) 20s 53 63 63 52
63V* 46 Bullard Co (1.60) I 48 48 48 48%
329% 234 Burr Add Mch (t 5).. 1 305 306 305 310
89% 56% Bush Term (g 2) 1 57% 57 57 67
110% 103% Bush Term deb (7).. 30s 104V* 104% 104% 104
41 28 Butterlck CO 14 34 34 34 34%
192% 122% Byers (A M) 6 137 134 137 134%
C
81% 72% Calif Packing (4)... 6 75% 75 75% 75
4 1% Callahan Zinc &L... 4 1% 1% 1% 1%
135 124% Calumet & Aris (10). 1 128% 128% 128% 128%
61% 36% Calumet & Hecla(4). 10 42% 41% 42 41%
89% 78 Canada Dry (t 4%).. 126 90V* 87% 89% 88
265% 218 Canadian Pac (10).. 53 224% 222% 224 222%
48% 38 Cannon Mills (2.80). 6 38 38 38 38
509 293 Case Threshing (6).. 6 330 320 320 318
42% 22% Cavanagh-Dobbs.... 1 25 26 25 26%
79% 52 Celotex (3) 7 60% 69 60 60%
52% 40% Cent Alloy Steel (2). 15 44% 43% 44% 43%
120 88% Cerro de Pasco (6).. 2 94% 94 94 94%
28% 16% Certaln-teed Prod... 5 26 26 26 26
230 195 Ches&Ohlo (10) 6 216V* 214 215% 213%
104% 78% Chesapeake COrp (3) 6 86% 84% 85 84%
19% 11% Chi & Alton 1 12% 12% 12% 12%
26% 14 Chi & Alton pf 1 16% 16% 16% 17
23% 12% Chi Great Western... 7 15% 14% 15% 14%
63% 38 Chi Great Westnpf.. 18 41% 40% 41% 40%
39% 27% Chi Mil St P&Pac. .. 3 31% 30% 31% 29%
63% 46% Chi Mil St P&Pac pf. 13 50% 49% 60% 49%
94% 80% CIW &N W (4) 6 82% 82% 82% 83
39% 28% Chi Pneu Tool 3 34% 33% 33% 34%
66% 48% Chi Pneu Tpf (3%).. 2 51% 51% 61% 51
139% 115 Chi R I&Pac (7). ... 4 123% 122% 122% 122
108% 105% Chi Rl&Pac pf (7). 1 106% 105% 105% 106
60% 44% Childs Co (2.40) 30 64 16% 61% 61
136 66 Chrysler Corp (3)... 114 74% 73% 73% 73V*
62% 52% City Ice & F (3.60).. 1 51% 51% 61% 62%
27 20% City Stores (1) 9 22% 21% 21% 21%
52 49% City Stores A (3%).. 1 47% 47% 47% 49%
72% 56 Cluett Peabody (5).. 1 59 59 59 69
140 120% Coca-Cola (4) 3 132% 130 130 132%
50 47% Coca-Cola A (3) 3 47% 47% 47% 47%
72% 48 Collins & Aikmnn. .. 4 52 50 62 50%
103% 93 Collins & Aik pf (7). 1 93 93 93 93
79% 53% Columbia G&E (2). . 116 78% 75% 78 76
88% 64% Colum Graph (29.1 c) 24 71% 69% 70 70
78V* 56 Colo Fuel & Iron 14 61% 68% 61% 68
80 70% Colo & Sou Ist pf (4) 1 74% 74% 74% 72
167% 121% Columbn Carbn f 4 V* . 31 163 160 162 158
62% 43 Com Credit (2) 12 44 43% 44 44
105% 96% Com Crd Ist pf (6%). 20s 101 101 101 101
26 24 Com Credit pf (1%). 60s 26% 26% 26% 26%
27% 25 Com Credit pf B (2). 160 s 27% 27% 27% 27
195 131% Com Inv Trust <t4).. 2 139% 139% 139% 140
410 225% Com Solvents (h 8)... 18 400 394 399 398
218% 107% Comnwealth Pwr t 4. 161 219 211% 218% 210
35% 19% Congoleum-Nsirn... 17 21 20% 20% 20%
1% % Conley Tinfoil sta... 2 % % % %
96V* 77% Consol Cigar (7) 8 80% 80 80% 81%
96 84 Consol Cigar pf(6%) 100 s 87 87 87 84
30% 25 Consol Film In pf(2) 3 26% 26% 26% 25%
119 95% Consol Gas (3) 927 117% 114% 117% 113%
100% 98% Consol Gas pf (5)... 7 98 98 98 98V*
6V* 2% Consol Textile 12% 2% 2% 2%
23% 12 Container Corp A.... 2 13 13 13 13%
11% 6 Container Corp 8.... 16% 6% 6% 6%
79V* 47V* Conti Baking A 56 81% 79 79% 78%
14% 8% Conti Baking B 103 14% 13% 13% 13%
100 88% Conti Baking pf (8).. 3 98% 98% 98% 98%
80% 60 Conti Can <2%) 29 70% 69 70% 69%
94% 79 Conti Insurance (2)., 4 82% 80% 82% 81
28% 17% Conti Motors (80c).. 39 17% 17 17 17%
101% 82 Corn Prod (t») 15 93% 92% 92% 92%
144% 141% Corn Prod pf (7).... 10s 141% 141% 141% 142%
82% 51 Coty Inc (g 2) 60 60 67% 60 67%
125 85% Crosley Radio (tl).. 5 91% 90% 91 91
96% 85 Crucible Steel (6) ... 85 98 95% 97% 95
6% 1% Cuba Cane Sugar.... 3 2% 2% 2% 2%
18% 6% Cuba Can# Sugar pf..' 15 6% 6% 6% 6
24% 11% Cuba Co 1 16% 16% 16% 15%
17 11 Cuban-Amer Sugar.. 33 18% 18 18% 18%
6% 3 Cuban Dom Sugar... 3 4 8% 4 3
67% 49% Cudahy Packing (4)- 1 60% 60% 60% 60%
118 113% Curtts Publish pf(7) 2 115 115 116 114%
173% 135V* Curtiss Aero (1) 62 160V* 158% 168% 167%
130 120% Cushman’s pf (7) ... 10s 120% 120V* 120% 125
66% 68% Cutler-Ham (8%)... 1 69% 59V* 69% 69%
85 63 Cuyamel Fruit 13 83% 83 83% 83
D
69V* 42% Davison Chem 8 47% 46% 47% 47%
128 116 Deere &Co pf (7)... 40s 121 120 121 120%
207% 182 Delaware & Hud (9). 14 192% 190 192% 190%
138% 120% Del Lack & W (t7).. 4 121% 120% 120% 120%
77% 66V* Denv&BGWpf.... 2 66 66 66 66%
267% 224 Detroit Edison (s)..* 1 267 267 267 267
64% 44 Devoe & Ray A <tß). 12 44% 44% 44% 44%
164 130 Diamond Match (8).. 20s 148 148 148 144
10% 8% Dome Mines (1)..... 2 9%. 998 9% 9%
THE EVENING STAR, -WASHINGTON. D. C.. THURSDAY .TUNE 13, 1929.
--Prev. 1929—, Stock and Sales— Prev.
High. Low. Dividend Rate. Add 00. High. Low. Close. Close.
53% 43 Dominion Stores (3). 3 47% 45% 47 47
126% 105 Drug Inc (4) 9 109 107 109 107
92 Dunhill Inter (J 4)... 2 63V* 63% 63% 64%
28% 20V* Duplan Silk (1) 34 21% 21% 21% 24%
198% 155% Du Pont de N(t4%). 7 167V* 164 167% 165
119 115% Dupont d N deb (6) . . 4 116 115% 116 116
11% 6% Durham Hosiery.... 2 6 6% 6 5%
E
76% 56 Eaton Axle AS (3).. 11 60 59% 59% 59%
39% 26% Eitlngon-Sch (2!*).. 3 28V4 27% 27% 28%
172 126% El Auto-Lite (t 4%). 28 158% 155% 158 157
18% 11% Electric Boat 2 12 11% 11% 12
72% 43V* El Pwr & Lt(l) 199 70% 68% 70% 68%
29% 77 Elec Stor Bat (5) 28 82% 78% 82% 78%
13 8% Elk Horn Coal pf 10 9 9 9 10
22% 5 Emmerson-Brnt A... 6 9% 9 9 8
83% 68 Endicott-John (5)... 2 70V* 69% 69% 69%
60% 47 Eng Pub Serve (tl). 18 59V* 51% 57 52
100 90 Eng Pub Svc pf (5).. 30 95 92% 95 92%
41 31% Equitable 81dg(2%). 3 40% 40 40% 40
81% 64 Erießß 107 79V* 77% 77% 77%
64% 57 Erießß Ist pf 4 63% 63% 63% 63%
62 66 Erießß 2d pf 1 61% 61% 61% 61
54 44% Eureka Vac Cl (4)... 4 49% 49% 49V* 49%
73% 55 Evans Auto L(t2%). 10 61% 60 61% 60%
25% 22% Exchange Bus (1%). 40s 25% 26% 25% 25
F
51% 40% Fairbanks Morse (3) 3 40% 40% 40% 40%
72% 64% Fash Pk ABSO(k2%). 2 70 68% 70 67%
101% 96V* Fash Pk Assopf (7).l 2 97 97 97 97%
106% 68% Fed Lt&Trc (tl%). 16 99 98 99 98
22% 14 Fed Motor Tr (80c).. 2 14% 14 14 14%
112 90% Fid Phen F Ins (2).. • 3 94% 93% 94% 93%
107 100 Filene’s pf (6%) 10s 102 102 102 102
115% 104% First N Pic Ist (8). . 120 115% 115% 115% 115%
74V* 62 First Nat Stores 1%. 10 167% 66% 67% 65%
20% 8% Fisk Rubber 20 8% 8% 8% 8%
87% 65% Fleischmann t 3 %).. 607 85V* 83% 83% 85%
54 46% Florshelm Shoe A. .. 1 47 47 47 46%
73% 57% Follansbee (f 2%). .. 12 66% 63 66% 63
101 80% Fox Film A (4) 11 84% 84 84% 83%
110 104% Frank Simon pf (7). 100 s 104% 104% 104% 104%
54% 37% Freeport-Texas (4). a 5 45V* 45% 45% 45%
G
33% 20 Gabriel Snub A 42 27% 26 27 25%
25 10% Gardner Motor 3 13% 13% 13% 13%
102 81 Gen Am Tnk Car (14) 4 88% 87 87% 87%
87% 61 Gen Asphalt 19 85% 84 84% 84%
69% 55V* Gen Bronze (2) 5 65 64 65 66
61 37% Gen Cable 1 42% 42V* 42% 41
74 63 Gen Cigar (4) 3 71% 70% 70V* 71%
295 219 Gen Electric (f 6) 494 299% 289% 298 288
11% 11 Gen Elec spec (60c).. 20 11% 11 11% 11%
90 70 GenG&El A (1%).. 1 81% 79V* 81 80%
116% 105 GenG&Elpf A (7).. 10s 107 107 107 108%
116 102 Gen G&EI pf B (7). 60s 104 104 104 102
89% 67% Gen Mills (3) 4 69% 69 69% 68%
91% 68% Gen Motors (f 3.30).. 356 71% 69% 71% 70%
126% 122% Gen Motors pf (7)... 9 124 124 124 123%
62 47 GenOutd Adv A (4). 1 47% 47% 47% 49
41 32 Gen Outd Ad vtc (2). 8 36% 36% 36V* 36
116V* 93% Gen Ry Signal (5)... 20 113 108V* 113 111
86% 68 Gen Refrac (t 3%). .. 3 75% 73% 75% 73%
126% 101 Gillette Safety R (5) 87 107% 103 107 102%
48% 33% Gimbel Brothers. ... 4 33% 33% 33% 33%
60% 36% Glidden Co (tl%). .. 280 52% 49% 51% 49%
66 44 Gobel (Adolf) 26 51 50 50% 50%
82 62% Gold Dust (2%) 56 59% 58 58% 58
120 108% Gold Dustpf (6).... 1 108% 108% 108% 108
105% 73 Goodrich BF (4).... 11 76 75 76 75
115% 111% Goodrich pf (7) 11 111% 111V* 111% 111%
154% 112 Goodyear Tire (5)... 15 117% 114% 117% 114%
60 44% Gotham Silk H<2 %) 4 46 43V* 43% 46'/*
101% 93 Gotham SH pf (7).. 4 94 94 94 105
14 7 Gould Coupler 1 10% 10% 10% 10%
54 25 Graham-Paige 15 29 28% 28% 28%
102% 62% Granby Consol (7).. 9 73% 72% 73% 73
96% 77% Grand Stores (1).... 3 83 82% 83 83
116 107 Grand Stor pf (6%). 1 107 107 107 107
144% 114% Grant WT(1) 3 116V* 116% 116% 117
116% 101 Grt North pf (5) .... 9 108% 108% 108% 108%
112 100 Grt North pf ct (5).. 1 104% 104% 104% 104
39% 25% Grt Nor Ore (a1%).. 12 29V* 28 29% 28
44 32% Grt West Sug (2.80). 12 36% 35V* 36 36
119V* 113% Grt West Sug pf (7). 10s 115 116 116 115
197% 136% Greene Can Cop (8). 13 147% 147 147% 146%
90 50 Guantanamo Sug pf. 60 48 48 48 60
69 32% Gulf Mo & North.... 36 42% 42% 42% 43
79 55% Gulf Sta Steel (4)... 4 59 57% 59 55%
H
66% 33% Hahn Dept Stores. .. 148 38% 37 38 37%
115 95% Hahn Dept S pf(6%) 6 100 99% 99% 100
99% 91 Hanna (M A) lst(7). 70s 96V* 96 96 96%
60% 54 Harbison Walk (2).. 30s 68 68 58 58
39% 20% Hartman B(1 20)... 3 24% 23% 23% 23
68% 40% Hayes Bdy (bß%stk) 12 44% 43% 43% 44
95%. 64 Hershey Chocolate.. 4 88% 86% 88 86%
99% 80 Hershey Choc pf (4). 2 91% 90% 91 91%
73 65 Hav El Rwy pf (6).. 150 72% 72 72V* 71%
106V* 104 Hershey Ch pr pf (6). 1 106 106 106 106
21% 15 Hoe (B) &C0..y.... 27 22% 18 22 18
22 13% Hollander & Son 6*16% 13% 15% 14
76% 72% Homestake Min (t7), 1 73 73 73 73
52% 87% Houd Hersh B (1%). 149 46% 40% 45 41
79% /62 Household Prd (t 4). 2 68% 68% 68% 86%
109 70% Houston Oil 3 80 80 80 80
82% 66% Howe Sound (4) 41 65% 64% 65 64%
58% 84% Hudson & Man (2%). 4 40% 40% 40% 39%
93W 75% Hudson Motor (6)... 28 83% 83 83% 83%
82 39% Hupp Motor (f 2) 22 42% 41% 42V* 41%
1
IT>2 132% Illinois Central (7).. 4 137% 136 137 137%
39% 30 Independ Oil & G (2). 11 36 35% 36 36%
32% 17% Indian Motor Cycle.. 1 20% 20V* 20% 22
62% 29 Indian Refining 78 47% 45% 46 46%
48% 28 Indian Refining ct... 83 44 41% 43 42%
135 75 Industrial Rayon.... 2 91% 91% 91% 91V*
96% 78% Inland Steel (3%)... 5 89% 88% 89% 88
66% 38V* Inspiration (4) 12 43% 42% 43% 44%
68% 23% Interboro Rap Tran.. 4 24% 23% 24% 24
14% 8% Intercontinental Rub 2 8% 8% 8% BV*
17V* 8% Inti Agricultural.... 18% 8% 8% 8%
194% 149% Inti Business M (6).. 1 193 192% 193 191
102% 84% Inti Cement (4) 2 87% 87% 87% 85
103% 64% Inti Comb Eng (2)... 2 60 66% 60 58%
119% 92 Inti Harvester (2%). 25 106% 103% 106% 102%
146 140 Inti Harv pf (7) 60 140 140 140 140
102% 65V* Inti Match pf (3.20). 13 82% 81% 82% 81%
7% 4% Inti Mer Marine 2 4% 4% 4% 4%
51% 36% Inti Mer Marine pf... 2 41 41 41 40%
72% 40% Inti Nickel Can (80c) 96 48% 47% 48 47%
94% 85% Inti Paper pf (7) 1 87% 87% 87% 88%
36% 25 Inti Pap & P A(2.40). 2 29% 27% 28V* 27%
24% 14% Inti Pap & Pwr B 1 15% 15% J 5% 16
17% 10% Inti Pap & Pwr C 4 12% 12 12 12%
93 80 Inti Pap & Pwr pf (7) 1 87% 87% 87% 88%
63 43% Inti Print Ink (2%). 1 61 61 61 61
80% 70 Inti Ry Cn Am pf(s). 20s 69% 69% 69% 70
94% 78 Inti Tel & Tel new... 48 82% 81% 82% 82%
93% 69% Inter Dept St (2).... 11 73% 71 71 72V*
38% 29 Intertype (ft 1%) 1 33 33 33 32%
69 49% Island Creek Coal(4) 1 61% 51% 61% 61
j
162% 136% Jewel Tea (f 6%) 2 144 142 142 141
242% 152% Johns-Manville (3).. 110 176% 169 176 168%
122% 118% Jones & Laugh pf (7) 20s 121 121 121 121%
16% 6 Jordan Motor Car... 3 6% 6% 6% 6%
K
98% 78 Kan City Sou (5).... 10 86% 86 86% 86%
92% 76 Kayser J& Co (6)... 3 82 81% 81% 82%
24 11 Kelly-Spring Tire... 16 15% 15 15 15%
94% 70 Kelly-Spring 8% pf.. 60s 75 75 76 70
69% 40% Kelsey Hayes (2)..18 45V* 43% 45% 44%
19% 12 Kelvlnator Corp 31 15% 14% 15 15
104% 77% Kennecott (5) 116 84 81% 83% 82%
96 89% Kendall Co pf (t 6%) 60s 92 91 91 92%
34% 27% Kinney (G R) (1)... 1 34% 33% 33% 33%
109% 93% Kinney (G R) pf (8). 80s 102% 101% 102% 102%
78V* 25% Kolster Radio 17 28% 27% 27% 28%
60% 32% Kraft Ph Ch (1 %). .. 63 50% 49 49 60
99% 95 Kraft PhCh pf (6%) 3 96% 95% 95% 96
57% 44% Kresge S S (1.60). ... 13 47% 46% 47% 46%
23 12% Kresge Dept Stores.. 1 14% 13% 14% 14
46% 33% Kreuger & Tol( 1.34). 71 36 35 35% 35V*
122% 75% Kroger Gr&Bak(rl). 38 86% 81 84 81%
L
33% 26 Lago Oil & Trans.... 62 35 30% 35 31
157% 127% Lambert Co (8) 36 139% 136% 139% 136%
28% 19 Lehigh Valley Coal.. 29 25% 24% 25% 24%
42% 34% Leh Val Coal pf t 3).. 1 43 42% 42% 41
68% 61 Lehn & Fink (3) 3 62% 61% 62% 62%
105% 81% Liggett &My (f 5). .. 2 84 83% 83% 85
103% 81% Liggett &My B (t 6). 1 84 84 84 84
66 42% Lima Locomotive.... 18 62% 60% 61% 61
61 60 Link Belt (2.40) 1 49% 49% 49% 60
118% 71% Llq Carbonic (f4Vi). 26 87% 84 86% 84
84% 48% Loew’s Inc (|3) 6 65 51 63% 65
11% 7% Loft Inc 70 10% 9% 10% 9%
32% 27 Long Bell Lumb A... 1 27% 27% 27% 27V*
74% 66 Loose-Wiles (2.60).. 17 62% 61% 61% 62
31% 20 Lorillard (P) C 0..... 1 26% 26% 26 26%
18 12% Louisiana Oil 16 13% 13 13 13%
100% 89 Louis Oil pf (6%)... 60 90% 90% 90% 91V*
47 36% LouG&El A (1%).. 24 41 39% 40% 39%
100 66% Ludlum Steel (2) 12 90% 87% 90% 88%
M
46 37 Mac A & Forb(f2.B6) 1 38% 38% 38% 38%
104% 71% McCall Corn (4) 1 102 102 102 103
23% 16 Mclntype Pore M(l). 2 16% 16% 16% 16%
82 62V* McKeesport TP (4). 9 71 67% 71 68%
59 49 McKesson & Rob (2). 3 51% 50% 50% 50
62 55 McKes &Rbpf (3 %). 2 69% 69% 69V* 69
114% 91 Mack Trucks (6) 6 97% 96% 97% 96%
24 17% Madison Sq G (1%)., 2 18 17% 18 17%
82% 60 Magma Copper (5).. 3 67% 66% 66% 67%
87% 25% Man Elec Supply.... 28 25% 26% 25% 25%
57% 31% Man Elev mod (d 5).. 17 37 34 85% 36%
86% 26% Man Shirt (2) 19 30% 80% 30% 30
47% 33% Mar land Oil 21 34% 84 34 34%
89% 69% Marlin-Rockw (f 4).. 7 81% 80 81% 82%
104 66% Marmon Motor (4)..' 2 79V* 79% 79% 80
18% 12 Maracaibo Oil Exp... 2 14% 14 14 16%
66% 42% Mathleson Aik (e2)., 41 51% 49% 61% 49%
108% 73% May DeptStrs <4)... 2 76 76 75 76
34% 20 Mengel Co 11 22% 22 22% 22
295 220 Mexican Petrm (8). . 30s 212 210 210 220
69% 36% Mexican Seaboard... 14 39% 38% 39% 39%
64V* 80% Miami Copper (4). .. 5 41V* 41 41% 41%
105 85 Michigan Stl (2%).. 38 99% 95 99% 100
39% 30% Mid-Continent P (2). 26 34% 33% 34% 34%
6% 3% Middle States 0i1.... 11 3% 8% 3% 4
3% 2% Middle States Oil ct. 12% 2% 2% 2%
37% 36% Minn Moline Pwr. .. 38 37V* 36% 87 53
99 98% Minn Moline pf 6%.. 10 99V* 98% 99% 99
55 42% Mo Kan & Texas.... 8 48% 47% 47% 45%
107% 102 Mo Kan & Tex pf (7). 2 105% 106% 106% 105%
96% 62% Missouri Pacific 18 88% 87% 88% 87%
, 138% 120 Missouri Pac pf <6).. 5 135 134 135 133%
t 80% 60%.Mohawk Mills (2 %) . 4 66 65 66 67
, 156% 99» Mont Ward (2%)-.., 201 112% 109 112% 108%
--Prev. 1929—, Stock and Sales— Prev -
High. Low. Dividend Rate. Add 00. High. Low. Close. Close.
8 4 Moon Motors 4 4 4 4 4%
78% 73% Morrell J (3.60) 4 73V* 73V* 73% 73%
6% 3 Mother Lode (40c).. 2 3% 3% 3V* 3%
44V* 12% Motion Picture 127 50% 48% 50 44
18 16% Moto Meter Act 1 17 16% 18 17%
206 96% Motor Products (t7). 2 106 105 105 105
48% 39 Motor Wheel (2) 13 43 41% 43 42V*
81% 43 Mullins Mfg 5 45% 43% 43% 44
99% 62 Murray Corp (a3)... 27 93V* 92% 92% 93%
N
118% 81V* Nash Motors (6)...., 27 82% 81% 82 81%
39% 28V* Natl Acme (1) 36 36% 35% 36% 36%
48% 37% Natl Air Trans 18 39 38% 38% 38%
i 71 47% Natl Bella Hess(U). 16 49 48% 49 48%
205 166% Natl Biscuit (6) 4 184% 181 183 183%
144 141% Natl Biscuit pf (7).. 2 142% 142 142 142
148% 96 Natl Cash Reg (t 4).. 104 113% 108V* 112% 109
69% 62% Natl Dairy (*1%)... 71 69% 67% 69 67%
65% 33 Natl Distillers 168 65% I>2 54% 60%
102% 67% Natl Distillers pf (7). 105 104 101% 103 102V*
173 132 Natl Lead (5) 2 143 142% 142% 145
141% 138% Natl Lead pf A (7). . 250 s 138% 138% 138% 138%
61% 42% Natl Pwr &Lt (1)... 254 63% 61% 63% 51V*
17 6% Natl Radiator 2 9 8% 9 8%
41 17 Natl Radiator pf 1 19V* 19V* 19V* 20
144 111% Natl Supply (t 8) 3 124 123% 123V* 123%
155 110 Natl Surety (5) 10 105 101% 101% 110
91% 64 Natl Tea (1%) 23 69 66V* 69% 66%
62V* 39% Nevada Copper (3).. 29 45V* 45% 45V4 45%
62% 43 Newport Co A (3)... 29 49% 49% 49V* 49%
111% 93 Newton Steel (3).... 1 103% 103% 103% 103
49% 41% NY Air Brake (3)... 3 45 44% 45 45%
204’/* 178% NY Central (8) 75 196% 192% 196 193
145 128% NY Chi &St L (6)... 14 140V* 139% 1.0% 139%
58% 40 NY Dock 23 50V* 47 49% 46V*
90 84 N Y Dock pf (5) 1 86 86 86 JS
379 285 NY & Harlem (5)... 20 280 277% 277% 290
110% 80% NYNH&H(4) 164 109% 107 109% 107%
122 114% N YNH&Hpf (7).. 3 120 120 120 120
32 24 N Y Ont & West 18 25 24V* 25 24V*
103 97 N Y Steam pf (6) 60s 99 99 99 98V*
218 191 Norfolk* Wstn(t 10). 8 214% 212 214% -215%
126 90% North Am(blo%stk) 180 129% 123V* 129% 123%
54% 51% North Am pf (3) 3 52% 52 52 51%
103% 99V* North Am Ed pf (6). 2 100% 100 100’/* 100
64% 48V* No Ger Lloyd (3.41). 1 52% 52% 52% 53
114% 95% Northern Pac (5) 16 103% 101V* 103'% 102%
112 96 North Pac ct (5) 7 101 99% 99V* 101
50 45 Northwestn Tel (3). 90s 45V* 45 45 46
O
32 18 011 Well Supply 1 19% 19V* 19V* 20
106% 92 Oil Well Sup pf (7).. 10s 95 96 95 95
64% 341* Oliver Farm Equip.. 17 37% 35% 35% 37%
69% 49% Olivr Fr Epcvpt(3). 5 54% 64 54 54%
99% 90 Olivr Fr Eq pf A(S). 11 90% 90 90 92
10V* 7% Omnibus Corp 2 8% 8% 8% 8%
359 276 Otis Elevator (6) 2 348 345 345 349%
48% 37. Otis Steel 18 41% 38% 41 38%
108 96% Otis Steel pr pf (7).. 1 99% 99% 99% 96V*
p
68'/* 63% Pacific Gas &E (2).. 27 61% 59% 61% 59%
85V* 170 Pacific Lighting (3). 10 83 82% 83 82%
37 27% Pacific Mills 30s 28 28 28 28%
1% 1 Pacific Oil stubs 11111
153% 116% Packard Motor (t 5). 48 131% 129V* 130% 130
66% 40V* Pan-Am Pete B 222 61 60 60V* 60%
72 65V* Paramount-F-L (3).. 84 63% 62% 63% 63%
13% 7 Park Utah (80c) 6 B'* BV* 8% 8
14V* 7% Pathe Exchange 79% 9% 9% 9%
22% 12% Peerless Motor Car.. 12 12% 11% 12% 12%
58 38 Penlck & Ford 4 64% 53 53 53%
27 16% Penn Dixie Cement. . 2 16V* 15% 15% 15%
94 70 Penn Dixie Cm pf(7) 1 65 65 65 70
83% 72% Pennsylvania RR(4) 109 79% 78% 78% 78%
287% 208 People's Gas Chi (8). 40 278 268% 278 268
174% 148 Pere Marquette (t 8). 1 162 162 162 162
45% 32% Pet Milk (1%) 2 33 33 33 33
79% 56% Phelps Dodge (3) 2 62% 61% 61% 61%
180 157% Phila Co (t7) 15 177% 175 177% 173
51 48% Phila Co 5% pf (2 %). 1 51 49 51 49
54 60% I'hilaCo 6% pf (3).. 1 621* 52 62 52
34 17% Phila & Read C&I.. 35 19% 18 19 18%
23% 13% Philip Morris (1) 10 14% 14 14% 14%
73 41 Philltps-Jones (3)... 1 53% 50% 53% 47
47 37% Phillips Pete (1%).. 6 39 38% 38V* 39%
37% 27% Pierce-Arrow A 1 31% 31% 31% 31%
3% 2 Pierce Oil 5 2% 2 2% 2
63V* 39V* Pillsbury Flour (2).. 6 43 42% 43 42
65% 50% Pirelli Co A (2.88)... 64 60 68% 59% 57%
83% 54% Pittsburgh Coal 6 63 63 63 62%
78% 52% Pitts Term Coal pf.. 100 s 57% 55 57% 62%
28% 27 Poor &Co (B) 12 .... 1 27% 27 27 27
95% 77 P Rican Am To (A)7 1 81% 81% 81% 81
50% 33% P ltlcan Am To (B).. 4 44% 44V* 44% 34%
105 101% Postal Tel &C pf (7). 1 104 104 104 103
81% 62% Postum Co (3) 43 73% 73 73% 72%
66% 55 Prairie OH & Gas.... 25 67 56% 57 57
61% 53% Prairie Pipe L(f 4).. 3 69% 59% 59% 69%
26% 15 Pressed Steel Car... 2 17% 17% 17% 17%
25% 18 Prod & Refiners 1 19V* 19 19% 18%
46% 38% Prod & Refiners pf... 30s 42% 42% 42% 44
82% 64 Prophylactic (14)... 10s 63 53 53 54
96% 75 Pub SvcN.l (2.60)... 380 98% 94% 97% 94%
96 96% Pub Svc NJ pf (5)... 1 95% 95% 95% 96%
124% 117% PubSvcNJ pf (7)... 1 120 120 120 120
160% 145 Pub Svc NJ pf (8)... 6 149 148% 149 149
109% 105% Pub Svc E&G pf (6) . • 1 106% 106% 106% 106%
91V* 78 Pullman Corp (4).... 7 81% 80V* 81% 80%
21% 14% Punta Alegre Sugar. 2 14% 14% 14% 14%
30% 23% Pure 011(1%) 17 28% 28 28% 28%
139% 109% Purity Bakeries (3).. 12 125% 125 125 125%
R
114 68% Radio Corp 519 83% 81 83V* 81%
82% 74 Radio pf B (6) 2 79% 79V* 79% 79%
46% 19 Radlo-Ketth-Orph A. 25 32 30% 31% 30%
117% 101% Reading (4) 5 108V* 106V* 107% 107%
84% 67 Real Silk Hosiery... 27 78% 78 78 79
102% 95 Real Silk Hos pf (7).. 10s 98 98 98 98
16% 6 Reis (R) &Co 5 914 9% 9% 9
35% 28 Remington-Rand.... 26 29 28% 29 28V*
96 90% Rcming-Rnd Ist (7). 1 92V* 92% 92% 92
99% 93 Keming-Rnd 2d (8).. 1 95 95 95 96%
31% 22% Reo Motor Car 11-60. 5 24 23% 24 23%
54V* 42% Rep Brass Corp 4 48% 48 48% 44%
102% 79'/* Rep Iron & Stl (4)... 21 94% 91 94% 91
12% 6 Reynolds Spring.... 2 6% 6% 6% 6%
66 53 Reynolds Tb B(2.40). 6 63% 63V* 53% 63%
64 64 Rhine West (1.92)... 1 61 61 61 62%
49% 39% Richfield OH (2) 9 41% 41% 41% 42
42% 25% Rio Grande Oil (k 2). 26 29V* 29V* 29% 29%
62% 69 Ritter Dental (2%).. 1 60% 60'/* 60% 61
96 63 Ilossla Ins (2.20).... 3 65 64% 64% 64%
43% 27 Royal Bak Pwdr(l).. 326 34% 33% 33% 33%
103V* 95 Royal Bak Ppf (6).. 1 95% 95% 95% 95
55% 49% Royal Dutchtal.336) 4 54% 64% 54% 65
S
195% 154V* Safeway Stores (3).. 69 166% 163% 165 161
108 102 Safeway Strs pf (7). 10s 105 105 105 105*
94 ! 62 St Joseph Lead (t 3). 12 68 66% 68 66%
125 109% StL-San Fran (8). .. 29 116 113 115% 114
96’* 92% St L-San Fran pf (6) 2 94% 93% 93% 94%
51% 38% Savage Arms (2).... 2 40 40 40 40
41% 20 Schulte Retail Strs. . 12 20% 20 20% 20%
118% 97 Schulte Retail pf (8). 10s 98 98 98 100%
181 139% Sears Roebck (12 %). 33 157% 154% 157'* 156%
10% 4 Seneca Copper 4 5% 5% 6% 5%
42V* 41 Sharon Stl Hoop (1). 3 41% 41% 41% 41%
169% 123% ShattuckFG (2).... 36 170% 166% 168 168%
55% 43% Shell T&Tran(a96.4) 1 47 47 47 46%
31% 25% Shell Union (1.40)... 25 28% 28 28 28%
74% 48'* Shubert Theater (5). 42 54 51V* 61% 52%
116 75 Simmons Co (3) 39 91% 88% 90% 89%
37% 18'* Simms Pet (1.60).... 27 33% 32% 33% 32%
45 35% Sinclair Oil (t 2 %).. 145 38% 38% 38% 38%
46% 32% Skelly Oil (2) 11 41% 40% 40% 41
126 59% Sloss-Sheffleld Steel. 3 60 bO 60 69%
16% 10% Snider Packing 1 12% 12% 12* 13% |
66 33 Snider Packing pf... 6 65 63% 53,* 55
45 34 So Por Ric Sug t 2% • 7 37% 37% 37% 37% <
68'* 63% Southern Cal Ed (2). 63 59% 57% 69 67% j
46% 35% Southecn Dairies A.. 60 60 46% 60 46% j
15% 10% Southern Dairies B■. 21 13% 12 13V* 12 j
REPORT OF MILLER
TRAIN CONTROL CORP.
President of Firm Declares Pros
pects Are Good for In
creased Business.
Special Dispatch to The Star.
STAUNTON, June 13.—The annual
report to the stockholders of the Miller
Train Control Corporation Is being
mailed today, some of the largest share
holders being residents of Washington.
The balance sheet, as of April 30, 1929,
showed assets and liabilities of $1,543,-
706.24, itemized as follows:
ASSETS.
rash on hand and in bank $8,833.43
Treasury stock 337.50
Equipment 1,034.24
Tools and machinery 4,181.27
Furniture and fixtures 6,579.81
Patterns and tools 7,895.32
Buildlna repairs 1.842,43
Real estate 30,000.00
Notes receivable... * • ,2> 4 i?-99
Accounts receivable -lS’l3l-51
Stock subscriptions 107.850.50
Sundry accounts...' ..... 4.831.62
Inventory (train control parts).. 4.359.87
Inventory (trafllators) 2.853.50
Inventory (raw material) 1,005.68
Inventory (In prooess) 4,489.50
Patents and patent ri«hts 384.832.03
Development (profit and 1055)... 948.314,33
T1.543T70f.34
LIABILITIES.
Real estate bonds *8.000.00
Notes payable in bank
Accounts payable 8,346.24
Capital stock—lsl.os6 shares no _
par value 1.510,560.00
t1,543.m5«
H. B. Miller, vice president and gen
eral manager, said in his report that
train control expansion "has by no
means reached anywhere no*r Its maxi
mum Importance, either in design or
application, and the greater portion of
the train control business lies In the
future." M-
Ux. mast iwHwws ftfcfcnwimsnx has
High. Low. Dividend Rate. Add 00. High. Low. Close. Close.
138% 124 Southern Pacific (6). 21 130% 129 s * 180'* 129'*
18846 138 Southern Rwy (8)... 10 141% 141% 141% 142
«3',» 50!4 Spalding AG (1.80). 3 55% 54% 55% 54
52% 34 Spang-Chalfant 1 34% 34% 3 4'4 35".
275 170>4 Sparks WithingttO. 2 245 243 245 245 |
67% 60% Sparks Withlng new. 2 61% 61 61% 61%
43 35% Spencer Kelg< 1.60).. 11 39 37 39 36%
06% 45 Spicer Mfg 2 52 52 52 51
117% 77% Spiegel-Mav-St (3).. 17 85% 83% 85% 83%
103% 80% Stand Gas AEI (3%) 290 109V* 104 109% 102%
07 62% Stand G&E pf (4)... 1 64% 64% 64% 65
81% 64 Stand Oil Calif (t 3).. 66 76% 74 74% 75
62% 48 Stand Oil N J (t 2)... 98 68% 57% 58% 57%
46% 38 Stand Oil N Y (1.60). 33 39% 39% 39% 39%
77 65 Stew-Warner (3%).. 17 70 69 70 69%
116 62% Stromberg (3) 1 100% 100% 100% 106
98 73% Studebaker (15) 16 76% 75% 75% 76%
12 7 Superior Oil 46 8% 7% 7% 8%
73% 34 Superior Steel 103 51% 49% 51 48%
19% 12% Symington A 7 16% 16 16% 17
X
25% 19% Telautograph (1) 2 19% 19% 19% 19%
20% 16 Tenn Cop &Ch (1). . 8 18% 18% 18% 18%
68% 57% Texas Corp (3) 26 62% 62 62 62%
88% 70% Tex Gulf Sul (4) 30 72 71% 71% 72
23% 16 TexasPC&Oil (bo). 13 17% 17% 17% 17%
24% 13% Texas Pac Land Tr.. 23 15% 15% 15% 15'%
61% 34% The Fair (2.40) 5 35% 35% 35% 35%
23% 17% Tide Water Asso 46 22% 21% 21% 22
90 85% Tide Wat Asso pf (6) 2 88% 88% 88% 88%
40 27% Tide Water Oil(80c). 13 38% 37% 37% 38
97% 90% Tide Water Oil pf(s) 1 95% 95% 95% 95%
31 23 Timken Det Ax tßoc. 2 22% 22% 22% 23
92% 73% Timken Roller (3)... 75 94 92% 93% 92%
22% 14% Tobacco Pr (1.40)... 58 17 16% 16% 17
22% 18 Tobacco Pr A (1.40). 43 20% 19% 20 20%
19% 15 Tobacco PrCct 2 15% 15% 15% 15%
14 Vi 9 Transcontinental 162 11% 10% 11 10%
58 38% Trlco Prod (2%) 39 56% 56 56 56%
31% 19% Truax-Tr Coal( 1.60). 3 20% 20 20% 20%
61% 44% Truscon Stl (11.20).. 1 47 47 47 46%
58% 43 Twin City Rp T (4). 1 41% 41% 41% 43
U
127 91 Underw-El-Fish(4). 60 128% 125 128 123%
43 24 Union Bag & Paper.. 35 38 36 36 32%
89% 75% Union Carbide(2.6o). 246 91% 89% 91% 89
54Vi 46 Union Oil Calif (2). . 1 47% 47% 47% 47%
231 209 Union Pacific (10). .. 18 226% 224 226% 225
84% 81% Union Pacific pf (4). 1 82% 82% 82% 82%
150% 121% Union Tank Car(6).. 38 146% 136 146% 135%
162 78% Utd Aircraft&Trans. 85 117% 115% 117% 115
109% 68% Utd Aircraft&T pf 3. 3 83% 82% 83% 83
53% 41 Utd Biscuit (1.60)... 1 45% 45 45 44%
36 36 Utd Business Pub. .. 1 36 36 36 36
27% 18 Utd Cigar.Stores(l). 13 18% 17% 18% 18
104 92 Utd Cigar St pf (6)... 5 100 93% 99% 96
75% 58% Utd Corporation 420 63% 62% 63% 62%
46V* 45 Utd Corp pf (3) 38 46% 45% 46 46
21 6% Utd Dye wood 50s 14 14 14 13V*
81%' 30 Utd Electric Coal(3) 7 35% 34V* 35% 34
158% 111% Utd Fruit (c 4) 17 114 112% 113% 112%
26% 14% Utd Paperboard 1 15% 15% 15% 15%
55% 27 U S Cast Irn Pip (2). 3 31% 31% 31% 31%
19 16% U S Cat 1P lst(1.20) 16 17% 16% 17 17
19% 18% USCstIP2d (1.20). 7 19 19 19 19%
49% 30 US Hoffman <4) 1 35% 35 35 34%
184 128 U S Ind Alco (6) 105 186 182% 183% 182%
35% 19% US Leather. 2 23% 23V* 23% 23%
61% 38 U S Leather A (4)... 3 40% 40% 40% 40
119% 81 US Realty (5) 20 86% 85 85% 86%
65 42 US Rubber 4 48 47% 48 48
92% 73 U S Rubber Ist pf... 2 75 75 75 76%
72% 48 U S Smelt Ref (3%). 8 64 63% 53% 54%
58 52 U S Smelt Ref pf 3% 2 52 61% 51% 52
186 157% US Steel (7) 239 174% 167% 174% 167%
144% 140 U S Steel pf (7) 1 140% 140% 140% 140%
109% 84 US Tobacco (3) 1 85 84% 84% 84
22% 10% Univ Pipe & Rad 2 12 11% 12 12%
49% 35 Util Pwr &Lt A (e2) 26 42 41% 41% 42
V
13% 6% Vadsco Sales 20 9% 8% 8% 9
116% 68 Vanadium (t 4) 23 79% 74% 79% 75%
115% 110 Victor Talk prpf(T). 3 115% 115% 115% 115%
24% 9% Virglnia-Car Chem.. 2 11% 11% 11% 11%
65% 36% Virginta-Car 6% pf.. 1 40% 40% 40% 41
97% 86% Virginia-Car pf (7).. 1 88 88 88 89
109% 105% VaEl&Pwrpf (7).. 10s 106% 106 106 106%
•91 50 Vulcan Detinning... 10s 72% 72% 72% 70
W
81% 60 Wabash 1 63% 63% 63% 64
32% 22% Waldorf Systm (1%) 10 28% 28% 28% 28%
44% 23% Walworth (1.20) 7 40% 37% 40% 38%
84% 43 Ward Baking A 200s 46% 46 46% 45
21% 8% Ward Baking B 2 10 9% 9% 10%
134 97 Warner Bros Piet... 19 116% 115% 115% 115
62% 54% Warner Bros Pic (n) 15 69 58% 58% 58%
42% 28% Warner-Quinlan (2). 5 31% 30% 31% 31%
170 139 Warren Bros (t 5)... 5 158 155 158 154
34% 15% Warren Fdry & Pipe. 1 18% 18% 18% 1874
48 37 WessOil &Snow(2). 3 40 39% 40 40%
72% 63% WessO&Snpf (4).. 1 64 64 64 63%
110 102% West Penn El A (7). 20s 106 105 106 103%
110% 106 West Penn Pw pf (6) 10s 106% 106 106% 106%
117 113 West Penn Pw pf (7) 60s 116 115V* 116 115%
59% 49 Westn Dairy A (4).. 1 49% 49% 49% 49
3474 22% Westn Dairy tB) 12 23% 22% 23% 2274
54 32% Western Maryland.. 39 41% 40V* 41% 40%
64% 66 Western Pacif pf. ... 5 59% 59 59% 5874
220% 179% Western Union (8)., 5 187 184 187 186
54% 43% Westngh Air Brk(2). 7 46% 45% 4674 4574
16874 137% Westngh EI&M (4).. 304 16274 157 16274 15674
163 132 Westngh E Ist pf (4) 260 s 155 150 155 146
94'4 49% Westvaco Chlor (2). 1 6974 69% 6974 6974
38 30% White Eagle Oil (2). 3 34% 34% 34% 3574
6374 38 White Motor (1) 1 41% 4174 41% 42'/*
54 43 White Rock M S (3). 1 45 44% 45 45
48 12 White Sewing Mach. 1 21% 21% 21% 20
5774 41% White Sw Mch pf (4). 1 4374 43% 43% 43
29% 1974 Wilcox Oil & Gas 2 22 21% 2174 21%
61% 37 Wilcox Rich (A) 2%.. 13 43% 41% 4274 42%
62 34 Wilcox Rich(B)c2... 24 42% 40% 42 42
35 20 Willys-Over (c 1.20). 87 20% 20% 20% 2074
103 94 Willys-Over pf (7).. 2 95 95 95 94
13% 7 Wilson &Co 18% 874 8% 8%
27 16 Wilson &Co A 7 17% 177 s 1774 18%
232% 192% WoolworthCo (6)... 5 220 219 220 216%
94% 85 WoolworthCo 110 8874 8574 8874 8574
64V4 43 Worthington Pump.. 14 52% 50% 51% 51
149% 109 Wright Aero (2) 8 120 gt 118 120 117%
8074 70 Wrigley W (cf 3%).. 1 75 75 75 76
Y
73% 61% Yale & Towne (4)... 2 69% 69 69, 70Vi
51% 34% Yellow Truck &C... 9 39 38% 387* 38%
69% 62% Young Sp&W (t 2%). 9 62% 59% 62% 59%
135 105 Young Sheet &T (5) 39 138% 134% 138% 133V4
RIGHTS EXPIRE
% T 4 Alleg Corp.. .June 17 74 % % % %
6% 3 Am Tel &T.. July 1 287 3% 3% 3% 3%
35V4 17% Anaconda... .June 18 314 19% 1974 19% 19%
274 174 Baltoft Ohio. June 20 306 2% 2% 2% 2%
5% 2% Beth Steel... .June 18 296 6 5% 6 574
74% Can Pacific. .June 17 420 474 4% 474 4%
29% 23 Ches* Ohio.. July 1 35 28% 28% 28% 28%
17% 13% Ches Corp. . .June 24 119 17 17 17 17
% % City Ice June 25 5 % % % %
2% % Devoe &Ry ..June 14 42 % % 74 %
3% 2% IntTel&Tfcl . .July 5 229 374 374 374 3%
2% 1% Mex Seabd.. .June 25 80 1% 1% 1% 1%
2% % Penna RR.. . June 141039 % % % %
12% 7% Rossialns. . June 15 13 8% 8% 8% 874
6% 3% US Steel June 21 357 4% 3% 4% 3%
Sales of Stocks on Nets York Exchange.
10:30 A.M 376,100' 12:00 Noon 1,260,400
1:30 P.M .1,976,400 2:10 P.M 2,232,100
Dividend rates as given In the above table are the annual
cash payments based on the latest quarterly or half yearly dec
laration.
sUnit of trading less than 100 shares. (-Partly extra. fPlus
4% in stock. {Plus $3 In preierred stock. UPlus 1-35 in stock,
a Paid this year—no regular rate, b Payable in stock, c Plus 5%
in stock, d Payable when earned, e Payable in cash or stock,
f Plus 1074 in stock, g Plus 6% in stock, h Plus 27V in stock.
} Plus in stock, k Pius 3% in stock.
an excellent field In the control of mo
tor traffic in streets. The company’s
traffic control device Is now In use In
eight cities and some of these have sent
in repeat orders. Orders have been re
ceived and shipments made to two
other cities, one of them being the larg
est transportation center in the world,
Mr. Miller reports.
Orders for trafllators to be delivered
in the next 90 days have been received
In substantial numbers, Mr. Miller adds.
The new uses of the company’s products
on city streets and motor highways are
expected to increase earnings during the
coming year substantially.
POTATO MARKET WEAK.
CHICAGO, June 13 (JP) (United
States Department of Agriculture).—
Potatoes— Receipts, 112 cars new, 38
old: on track, 72 old; total United
States shipments, 953 cars. New
stock: Trading rather slow, market
weak: North Carolina, barrels, Irish
Cobblers, 3.75a4.00; Southern sacked
Bliss Triumphs, 3.00a3.25; fancy, shade
higher. Old stock: Trading fair, market
slightly stronger; Wisconsin sacked
round whites, 1.10a1.25.
SILVER QUOTATIONS.
NEW YORK, June 13 (A*).— Bar stl- 1
ver, 52%; Mexican dollars, 39%.
FEDERAL LAND BANK BONDS.
NEW YORK, June 13 (Special).— j
Bid. Asked. ,
Land Bank 4y 4 * Nov. 1958-38... 93 95
Land Bank 4s May 1958-38 88 91
Land Bank 4s Nov. 1967-37 88 91 (
I.and Bank 4‘/«s Jan. 1957-37... 92 94
Land Bank 4V«s May 1967-37... 92 94
Land Bank 4y 4 s July 1958-38.. 92 94
Land Bank 4%s May 19420p32. 92'/a 94
Land Bonk 4VaS Jan. 19430p35, 92 Va 94 ,
Land Bank 4%» J.4J. 19530p33. 94 96 1
Land Bank 4<4a J.&J. 19550p35. 94 96
Land Bank 4Ha Jan. 1986-36... 94 96
Land Bank 4%a J.AJ. 19530p33. 95 97
Land Bank 4%a Jan. 19540p34 . 96% 97%
sHliH'i&ShT IT fit
FINANCIAL,
Markets at a Glance
NEW YORK, June 13 (/P).—Stocks
strong; utilities touch new highs. Bonds
irregular; price changes narrow. Curb
mixed; power stocks soar to new peaks
on small turnover. Foreign exchanges
easy; sterling cables near year's low.
Cotton higher; expectation bullish
weevil report. Sugar steady; improved
spot situation. Coffee advance; com
mission house buying.
CHICAGO, June 13 OP).—Wheat
higher; better outlook for farm relief.
Corn higher: bullish crop and weather
reports. Cattle irregular. Hogs
higher.
New Securities
By the Associated Press.
NEW YORK, June 13.—New securi
ties offered today include:
$8,000,000 Southern Public Utilities
Co. first and refunding mortgage 5 per
cent gold bonds, due July 1, 1943, priced
at 100 and interest.
$6,800,000 Central Power & Light Co.
first mortgage 5 per cent gold bonds,
1956 series, priced at 91, to yield 3.65
per cent.
$1,000,000 City of Buffalo, N. Y., cou
pon or registered gold 4.40 per cent
bonds, due 1930 to 1949, to yield be
tween 5.50 and 4.20 'per cent.
250,000 shares General Gas and Elec
tric Corporation $6 cumulative converti
ble preferred stock, at $95 a share, to
yield 6.30 per cent.
$4,155,000 State of Maryland 4>2 per
cent certificates of indebtedness, matur
ing from 1932 to 1944, and priced to
yield from 4.75 to 4.25 per cent.
$3,000,000 City of Asbury Park, N. J.,
6 per cent gold bonds, due December 1,
1932, to June 1. 1935, at prices to yield
5 per cent.
Railways of the Netherlands East In- I
dies are operating busses as feeders.
STOCK LIST GAINS
AS CREDIT EASES
Drop in Money Rate to 7 Per
Cent Stimulates Bullish
Operations.
STANLEY W. PRENOSIL.
Associated Press Financial Editor.
NEW YORK, June 13.—Reduction in
the call money rate to 7 per cent stim
ulated a revival of bullish activity in
today’s stock market. Buying con
tinued to be of a rather selective char
acter, however, with such important
groups as the steels, motors, coppers
and oils taking little part in the up
swing. Public utilities were again in
the forefront of the advance, with the
rails Joining the upward movement in
the afternoon trading.
Call money renewed at 8 per cent,
dropped to 7% and then to 7, presum
ably in reflection of the heavy accumu
lation of funds here in connection with
the mtdmonth dividend, interest and
Federal income tax payments. There
was no quotable change in time money
rates, but the, undertone of the market
was described as easier.
Buying became varied in the final
hour, when the chemicals and low
priced oils appeared frequently on the
ticker. La go Oil rose to 34%. a new
high for the year, and Allied Columbia
Commercial Solvents and Columbia
Carbon moved up 4 to 6 points. Most
of the public utilities continued to gain.
Public Service of New Jersey getting
into new high ground at 97. The close
was strong.
Opening Is Higher.
Prices displayed a strong undertone
at the opening. Motion Pictures, Inc.;
Frank G. Shattuck and Union Carbide
all moved into new high ground on
intial gains of 1 to points. Wright
Aeronautical opened 2 points higher,
Coty and General Electric 1% and In
ternational Combustion 1.
Bullish sentiment prevailed through
out the early trading in reflection of
the growing belief that the June credit
stringency will be less severe than ex
pected and that first half-year state
ments of leading corporations would
make favorable comparison with the
same period a year ago. Early buying
was rather selective in character and
limited largely to issues in which spe
cial developments are pending.
General Electric quickly ran up 8%
points to a new 1929 high at 296 , / £ in
what has been described as Wall Street’s
own celebration of the return of Owen
D. Young, chairman of the board, who
presided at the reparations conference.
Auburn Auto, which is believed to har
bor a large short interest, ran up 8
points to a new high at 283. American
Water Works and Standard Gas &
Electric moved into new high ground on
early gains of 2% and 4 points, respec
tively. Commonwealth Power, which
sold as low as 175 1 /* less than a week
ago ran up 5 points to 215. The year’s
high is 218%.
0 -
U. S. EXPORTS INCREASE
OVER 5-MONTH PERIOD
By the Associated Press.
Exports from the United States last
month were valued at $387,000,000,
compared with $422,597,000 for the
same month last year, while imports
aggregated $401,000,000, against $353,-
981,000.
Exports for the first five months of
1929, the Department of Commerce an
nounced today, were $2,232,449,000,
compared w'ith $1,989,328,000 for the
same period last year, while imports
were $1,933,817,000, against $1,768,-
683,000.
Gold exports for May were $467,000,
compared with $83,689,000, while gold
imports last month wrere $24,097,000,
against $1,968,000 for May, 1928.
■■ ■ S
SAYS STOCK AND DAIRY
PROSPECTS ARE BRIGHT
By the Associated Press.
CHICAGO, June 13.—President E. C.
Brown of the Chicago Live Stock Ex
change said today live stock and dairy
farmers were not interested in farm
relief legislation. Prospects for this
branch of agriculture were never better,
he added.
“Live stock farmers are now in a
position to help the grain farmer,”
President Brown said. “They can buy
com at 65 to 75 cents throughout the
belt, convert it into beef and pork and
on a short turnover can market the
grain that goes into the animal, netting
thereby 50 to 100 per cent profit. Re
ports of fabulous profits in Wall Street
are in circulation, but none of them
actually exceed current live stock grow
ing profits, with every prospect of con
tinuance for 90 days."
Loans on Autos
Legal Interest
Our Only Charge
Quick Service — Confidential
UNITED LOAN CO.
Rosslyn, Virginia
Just across Key Brldre— Opposite Bank
This Your
Guarantees VTHHr Satisfaction
_Ny4
A SERVICE
STATION
Brought to
Your Door
We bring our store and its
complete stock of Time-saving
Office Accessories .to the busi
ness man’s door—by means ot
a thoroughly trained corps of
Skilled Service representatives.
They are at your call at all
times.
They know our stock, our
policies and our equipment and
can assist you in a valuable way
for the improvement of your
office.
Use This Service-
Call National 9176-7
4C! IML ETTP*
I s I SHE
PRODUCING STATIONERS
919 E ST- -N - W
WASHINGTONPC

xml | txt