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Evening star. [volume] (Washington, D.C.) 1854-1972, April 26, 1930, Image 12

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DENIES NEW YORK
RATES ARE HIGHER
Power Company Official
Takes Issue With Statement
by Gov. Roosevelt.
BY JOHN Ff.’ SINCLAIR.
Special Dispatch to The Star.
NEW YORK, April 26.—Floyd Car
lisle, chairman of the Hudson Niagara
Power Corporation, takes sharp issue
with the statement of Gov. Roosevelt
of New York that the rates for power
in New York are much higher than
those in the Province of Ontario.
According to Mr. Carlisle the latest
Available figures of. the Hydro-electric
Commission of Ontario, those of 1928,
show that the province sold in that
vear 3.061,545,371 k. w. h. and received
therefor the sum of $32,431,618. During
the same year the BufTalo, Niagara and
Eastern companies (within the Niagara
system), although generating 20 per
cent ot their energy by steam, sold
4.436.403,784 k. w. h. and received there
for the sum of $32,911,782.
But this is not the whole story, says
Mr. Carlisle. These American com
panies also paid $4,546,4W in taxes,
while the Ontario sales were free of
taxes, because the plants were govern
ment owned and operated.
“If our companies were relieved of
the payment of taxes to put them on
Ihe same basis with Ontario,’’ said Mr.
Carlisle, "they could have sold elec
tricity to thejr 600,000 household and
farm consumers for $4,818,322. which
would have been less than one-half of
the amount paid by the householders
of Ontario."
To the consumer the matter of rates
is all-important. In figuring rates,
however, the amount *paid by the
private companies for taxes must be
included, in justice to these companies.
American bankers, led by Speyer &
Co., have decided to take $35,000,000
of the $97,330,000 coffee valorization
loan to the State of Sao Paulo, Brazil.
The bankers of Great Britain, Belgium,
Holland. France and other foreign na
tions will take the rest.
It is an expensive loan for Brazil, for
it will probably carry 7 per cent in
terest, mature in 1940 and be offered
at 96. The security for the loan will
be coffee valued at about $200,000,000.
The loan provides that a free mar
ket for coffee will become effective
July 1 and every month thereafter at
least one-twenty-fourth of the esti
mated crop of the next two years will
be sold, thus spreading the difference
between the large and small crops over
the two-year period.
at is expected that while a minimum
of 10,000,000 bags of coffee will be sold
by the State of Sao Paulo each year,
1,650,000 bags will come from the coffee
pledged for this loan. At this rate all
of the pledged coffee will be sold during
the life of the loan and the bonds paid
off as the coffee receipts come in.
\ interest on the bonds will be secured
by a special tax on all coffee trans
ported for foreign export from Sao
Paulo after next July.
The coffee price-fixing experiment
of Brazil now goes into the discard.
When Dr. Olaya, the President-elect
of the Republic ofCColombiaa —a direct
descendant of Simon Bolivar —faced
a distinguished audience of business
men at the Pan-American Society din
ner in New York, he brought a mes
sage of friendship for the United States
and a promise of fair play for all for
eign interests during his administra
tion.
Colombia and the United States have
much in common. We take more than
four-fifths of Colombia’s exports, which
are largely oil and coffee, and supply
her with about half of her total im
ports.
President Olaya’s return to the
United States is primarily a business
mission. It is understood that he has
in mind the appointment of a group
of American experts to help in restor
ing his country’s business, backed up
by ample credits lurnished in the
United States. Highways, waterways,
railroads and airplanes will be con
structed. Closer co-operation between
Colombia and the Tropical Plant Re
search Foundation in Washington to
expand Colombian production of food
stuffs is another worthwhile effort.
Colombia, rich and waiting for de
velopment, is expected to work very
Intimately with American business
leaders during the Olaya administra
tion. Colombia’s business expansion
would have a most salutory effect on
6 ’her South American republics, which
in the past have been inclined to look
upon the United States with anxious
eyes.
A new era in business relationships
should come out of Dr. Olaya’s return
visit here.
In the Department of Commerce
summary of the business week which
ended April 19, the volume of business,
shown by check payments, was about
7 per cent higher than for the pre
vious week, but 8 per cent lower than
for the corresponding week a year ago.
Steel operations, a little higher than
last week, were not so active as a year
ago.
Petroleum production was up over a
week ago, but less by 2 per cent than
a year ago.
Building construction showed im
provement, rising more than 11 per
cent over last week, but it is still less
than a year ago.
The price level showed only a frac
tional drop during the week, but was
6 per cent below that of 1929.
Bank loans, discounts and stocks re
mained at about the same level as a
week ago. But bond prices were less
than last week, although a little higher
than a year ago.
In a word, business continued quiet,
even sluggish in spots, apparently
waiting for some industry to give the
oammand “forward march.”
So great has been the demand for
Information regarding the New York
Stock Exchange activities that ‘he
board of governors has decided to is
sue a monthly bulletin service on eco
nomic statistics relating to the ex
change. The first one has Just been
, issued.
It shows that the stocks of 856 com
panies were listed on April 1. The
total number of shares was 1,178,736,-
324 and their market value was $76,-
075.447,459. There were 851 common
and 465 preferred stock issues.
Railroads, represented by 108 com
panies, were the largest group Msted.
Utilities were second with 67, retail
merchandise third with 66. automobile,
machinery and metals tied for fourth
with 58 each; the food group was fifth
with 52, chemicals sixth with 51 and
petroleum seventh with 48.
Stock and bond issues, listed during
March, were $273,000,000, or $90,000,000
more than March, 1929.
(Copyright. 1930. by North American News
paper Alliance.)
■■ ■ ■-—• ■
GRAIN MARKET
CHICAGO, April 26. —Wheat opened
lower under commission house selling
influenced by the weakness in Liver
pool and beneficial rains over most of
the grain belt. Eastern houses bought
on the break. May opened 101 Vi, July,
104 to 103 3 / 4 ; September, 107% to V 4.
After the first half hour May, 101%;
July, 103%; September, 107 V
a was easier with wheat. May
opened 80Vi to %, July, 82% to Vi;
September, 83% to %. After the first
half hour May, 41 Vi to %; July, 42%;
September, 41 Vi to %. Provisions were
easier. •
When xlense fog hung over Paris on
a recent Sunday, autoists and tourists
croped their way about streets In be
wilderment until late in the afternoon.
FINANCIAL.
NEW YORK STOCK EXCHANGE .
Received by Private Wire Direct to The Star Oflea.
(Continued From Page 11.)
—Prey. 1930.—. Stock and Sales— Prey.
Hich. Low. Dividend Rate. Add 00. High. Low. Close. Close.
16% 344 Moon Motors 29 10% 10 10% 11
72 68% Morrell ACo (4.40).. 3 67% 66% 67% 66%
2 144 Mother Lode (40c)... 3 2 1% 1% 1%
11% 4% Motor Meter O A El.. 18% 8% 8% 844
81 50 Motor Products (2).. 2 63 62 62 65
2044 12% Muillna Mfg 5 19% 19 19 19%
64% 57% Mullins Mfg pf (7).. 50s 6 1 6 1 61 6044
25V4 18 Murray (b2%stk)... 713 22 20% 21% 21%
49% 35% Myer(FE) & Bro(2). 2 47% 47% 47% 4744
58% 45% Nash Motors (<).... 45 4644 46% 46% 46%
132 121% Nash, Chat&StL (7). 90s 129% 128 129% 129
26% 18% Nat Acme (1%) 16 21% 19% 20 22%
39% 11 Natl Air Trans 105 28%- 27 28% 27
20 9% Natl Bella Hess 23 18 1744 18 18%
91% 71 Natl Biscuit. n«2.SO). 41 87% 8644 87 8744
148 142% Natl Biscuit pf (7).. 1 147 147 147 147
83% 67% Natl Cash rfeg.A(t4) 99 67% 56% 57% 57%
68% 46% Natl Dairy <t2) 47 5644 66% 56% 5644
189% 137 Natl Lead 'tg> 1151 151 151 161
142 138% Natl Lead pf (A) (7). 10a 140 140 140 13944
119 116 Natl Lead pf(B> (6). 10a 117 117 117 117
58*4 32 Natl Pwr *Lt •!>... 107 67% 66% 67% 56%
1% 1 Natl Rys Mex 2d pf 4 1111
98% 70% Natl Surety (6) 2 91 9044 9044 *l%
54 43 Nelsner Bros (1.60).. 40 54 53 54 63%
32% Sr 2 Nevada Copper «3).. 13 23 22% 22% 2244
68 40 Newton Steel 15).... 1 62% 52% 62% 5344
47 43% N Y Airbrake (3.60). 4 4444 4444 4444 42%
192*4 167 NY Central *3) 21 179% 17844 179% 179%
110% 108% N Y Chi & St L pf t 6). 2 110% 110% 110% 110%
48 35 NY Dock 2 46% 46% 46% 47
32 30 N Y Invest (1.20) 18 30% 29% 30’4 30
135% 119% N YN H & H pf «7>.. 13 123% 123% 123% 122%
17% 13% N Y Ont& Western.. 1 14% 14% 14% 14
4% 2 NY Railways pf 3 2% 2% 2% 3
116% 110 N Y Steam Ist pf (7). 10s 113% 113% 113% 113%
16% 12% North Am Aviation.. 203 IS 12% 13 13
132% 93% North Am(blo%stk) 64 127% 126% 126% 125%
96% 82% North Pacific ot (5).. 3 8644 8644 86% 87
4 % Norwalk Tire* Rub. 3 2% 2% 2% 2%
15% 9% 011 Well Supply 2 13 13 13 13
34% 13% Oliver Farm Equip.. 19 31% 31 31% 31%
46% 31% Ollv Fr Eq cv pt(3).. 4 43% 43 43 44
89 70 Ollv Fr Eq pf A (6).. 1 86% 86% 86% 86%
56 43 Oppenhelmer Col (5) 2 55% 55% 55% 56
80% 70% Otis Elev. n<2 %).... 7 74% 74% 74% 74%
38% 30% Otis Steel C 2%) 5 33% 33% 33% 34
107 102 Outlet Co pf (7) 100 s 108% 108% 108% 110
74% 62% Pacific Gas* El (2). 56 70% 69% 69% 70%
107% 72 "Pacific Lighting (3). 26 103% 102% 103% 102%
30 21 Pacific Mills 40s 24% 24 24 25
1% 1 PaclflcOll Stubs.... 10 1% 1% 1% 1%
178 140 Pacific Tel &Tel (7). 110a»149% 148% 149% 148%
23% 15% Packard Motor (1).. 302 19 18% 19 18%
61 60% Pan-Am Petm (8)... 48 60 69 59% 58
11% 4% Panhandle PAR.... 11 10% 9% 10% 9%
77% 48% Paramount Publlx... 47 71 70% 71 71%
35% 25 Park * Til ford (f 3).. 31 30% 30% 30% 31
4% 2% Park Utah 11 3% 8% 3% 3
26% 17% Parmelee Trans 1%., 78 17% 15% 16% 17%
9 2% Paths Exchange 36 8% 8% 8% 8%
19% 5 Pathe Exchange (A). 48 18% 17% 18% 17%
32% 23 Patino Mines (a2.92) 17 23 23 23 22%
14 6% Peerless Motor Car.. 15 8% 8% 8% 8%
55% 26% Penlck&Ford (1)... 14 50% 48% 49% 49
80 63 Penney (J C) <3).... 22 74% 73% 74% 73%
100% 93% Penney(JC) pf A(«). 1 100% 100% 100% 100%
12 6% Penn Dixie Cement.. 8 10% 10% 10% 10%
65% 30% Penn Dixie Cmtpf... 2 50 50 50 60%
86% 72% Penna R R *4) 15 80% 80% 80% 81
60% 58 Peop Drug Strs(l).. 5 58 58 58 58
$23 230 People’s Gas. Chi <8) 10 322% 319 322% 322
164% 150 Pere Marquette (ts). 2 160%. 160% 160% 160%
20% 17% Pet Milk (1%) 1 20 20 20 19
44% 34% Phelps Dodge 43).... 14 36% 36% 36% 37%
24% 11% Phlla ReadC&l.... 44 23% 22% 22% 23
27% 23% Phlllips-Jones (3)... 4 24 23 24 26%
41% 29% Phillips Petrm <n2). 144 41% 40% 41% 40%
2% 1 Pierce Oil 18 2% 2% 2% 2%
7% 2% Pierce Petroleum.... 11l 6% 6% 6% 6%
37% 32% Pillsbury Flour (2).. 11 34 34 34 34
60% 44% Pirelli of 1ta1y(3.14). 9 46% 45% 46% 45%
78’% 64% Pittsburgh Coal 6 66% 64% 54% 66%
22% 20% Pittston Company... 10 22 22 22 22%
34% 27% Poor*Co (B) <2)... 4 30 29% 29% 30
76% 69% P Rican Am To A(7). 2 63% 63% 63% 65
27% 12 P Rican Am To (B).. 17 22 21 21% 21%
103 97 Postal Tel &C pf (7) 1 101% 101% 101% 101%
54 45 Prairie Oil A Gas(2). 3 60 49% 49% 60
60 64% Prairie Pipe L (t 5).. 2 65% 64% 64% 65%
16% 7% Pressed Steel Car.... 12 11% 9% 10% 11%
73 62% Proc* Gamble (2).. 60 72% 72% 72% 72%
123% 81% Pub Serv.N J (3.40). 400 121% 119% 120% 119%
98% 92% PubServN Jpf (5).. 1 98% 98% 98% 97%
130% 121 PubServN Jpf (7).. 1 128% 128% 128% 129
89% 81% Pullman Corp (4)... 30 79 78% 78% 79%
8% 2% Punta Alegre Sugar. 13 3 2% 3 3
27% 21% Pure 011(1%) 22 25% 25% 25% 25;?
114% 112% Pure Oil pf (S) 200a 113 113 113 113%
88% 72 Purity Bakerlea (4). 11 76% 76% 76% 76%
69% 34% Radio Corp 766 68% 66% 68% 67%
57 53 Radio pf A <3%).... 1 55% 65% 65% 56%
85 68 Radio Corp (B) (6).. 4 83 82% 82% 83%
50 19 Radto-Keith-Orph A. 368 48% 47% 47% 47%
58% S 3 Raybestos Man 2.60.. 70 53% 61% 62% 53%
141% 115% Reading Rwy (4) .... 2 118 117% 118 118
67 47% Reading 2d pf *2)... 1 49% 49% 49% 49%
64% 44% Real Silk fS) 4 58% 58 68 59
100 88 Real Silk Hos pf (7).. 70a 98 98 98 99
46% 25% Rem Rand <1.60).... 25 42% 41% 42 42
100% 92 Rem-Rand Ist pf(7). 1 100% 100 100% 100%
14% 10% Reo Motor Car tsoc). 3 12 11% 11% 11%
79% 72 Rep Iron & Stltnew) 16 72% 70 70% 72%
95% 95 Rep Ir&Stl pf(n) (6) 6 95% 95 95 95
34% 30% Reynolds Metis 2.40. 14, 34 33% 33% 34
7% 4 Reynolds Spring..... 3 6% 6% 6% 5%
68% 49% Reynolds Tob B (S). 25 63% 52% 62% 53
28% 22% Richfield Oil (2) 23 26% 26% 26% 26
25% 16% Rio Grande Oil «2).. 42 23% 23 23 23%
48% 37% Rosslalnaur (2.20).. 6 39% 39% 39% 40
66% 49% Royal Dutch fa 3 20). 13 64% 64% 64% 65%
122% 93% Safeway les> 5 98 98 98% *98%
99% 94 Safeway pf (6) 60s 96 96 96 96
109% 106% Safeway Stra pf (7) . 20e 109 109 109 109
118% 107% StL-SanFran (8)... 9 117% 117% 117% 117%
101 92 St L-San Fran pf <•) 3 98% 98% 98% 99
31% 24% Savage Arms 12).... 21 30% 29% 30 30%
13% 4% Schulte Retail Strs.. 5 9% 9% 9% 10%
12% 9% Seaboard Air Line;.. 14 11 10% 11 10%
28 22 Seaboard Air Line pf. 2 23 22% 23 22
14% 9% Seagrave (e1.20).... 1 10% 10% 10% 10%
100% 81% Sears Roebck (J 2%). 45 91% 89 89% 91%
3% 2% Seneca Copper 8 2% 2% 2% 2%
13% 7% Servel. Ire 130 13% 13 13% 13
27% 17 Sharp & Dohme 3 20 20 20 21%
63% 64 Sharp &Do pf <!%).. 2 60% 69% 59% 60%
62 36% Shattuck(FG)<tl%) 24 49% 48% 49 49%
25% 21 Shell Union (1.40)... 12 24% 24% 24% 24%
35 8% Shubert Theatres.... 67 33% 33% 33% 34
94% 48% Simmons Co (3) 26 48% 47% 48 47%
37 22% Simms Petrm (1.60).. 6 33% 33% 33% 33%
32 21% Sinclair Con Oil (2).. 63 30%* 30 30 30%
42 28% SkellyO!l(2) - 49 39% 38 39% 39
8 5% Snider Packing 77% 7% 7% 7
36% 23% Snider Packing pf... 10 32% 31 32 31
Baltimore Markets
Special Dispatch to The Star.
BALTIMORE, Md., April 26.—Pota
toes, white, 100 pounds, 2.25a3.25; new,
bushel, 1.50a2.75; sweet potatoes, barrel,
2 50a5.00; yams, barrel, 4.00a4.75: as
paragus, dozen, 1.75a6.00; oeets, crate,
3.00a3.25; beans, hamper, 2.25a4.50;
cabbage, hamper, 50a1.50; carrots, bush
el, 1.25a 1.50; cauliflower, crate, 1.50a
1.90; celery, crate, 2.50a4.00; kale, bush
el, 20a35; lettuce, hamper, 1.00a2.50;
onions, 100 pounds. 1.50a2.25; green,
■ hundred, I.ooa 1.25; peppers, crate, 1.50a
• 3.50; peas, hamper, 1.50a2.50; radishes,
! basket, 50a 1.00; spinach, bushel, 23a60;
; squash, bushel, 3.50a4.00; tomatoes,
. crate, 1.50a4.50; apples, bushel, I.ooa
. 3.50: grapefruit, box, 3.25a6.25; oranges,
, box, 3.75a9.00; strawberries, quart, 8a25.
Dairy Market.
Poultry—Alive, chickens, springers,
pound, 30a38; Leghorns, 27a33; young,
32a35; poor and thin, 23a25; old roost
ers, 15al8; old hens, 28a30; Leghorns,
18a25; ducks, 17a26; guinea fowls, each,
50a75: pigeons, pair, 30a35.
Eggs—Receipts, 2,217 cases; nearby
firsts, 25; Hennery, white, firsts, 26;
auck eggs, 24a25.
nutter —Good to fancy creamery,
pound, 36a38%; ladles, 31a32; rolls,
25a28; process, 31a32; store packed,
19a20.
■ ——
SHORT-TERM SECURITIES.
•Resorted D» J. * W. B*ltsman ) * CoJ r
Allis-Chalmers Co. 5* 1937..... 101 101%
American Tel. 4c Tel. 5%s 1943. 106% 107
American Thread 5%s 1938.... 99% 100
Baltimore Sc Ohio 4%s 1933.... 100 IJJOA
Batavian Pet. Corp 4%s 1942.. 82% 92%
Bel! Tel. of Canada 5s 1927 101 101%
Beth Steel Corp 5s 1931....... 100'A 100%
California Pet. Corp. 6*/aS 1938 101% 102
Canadian Nor. Rwr. 4%s 1935.. 100% 100%
Chicago Rock Island 4s 1934... 96,4 96%
Chile Copper Co 5s 1947...... 95% 95%
Cudahy Packln* Co. 6%s 1937. 98 _ 99%
Edison El. XI. Boston 4‘is 1930 100 100%
Oen. Mot. Accep Corp. 6s 1937 103 103%
General Pet. Corp. 5s 1940 102 102%
Goodyear T. Sr R. 5s 1957 93% 94
GraSd Trunk of Canada 6s 1936 105% 106%
Gulf Oli of Pa. 6s 1937 101 101%
Humble Oil 6%s 1932.......... 101% 102
Internat. Match Corp. 5s 1947 . 99 99%
N. Y.. Chi. Sc St. L. 6s 1932. 102% 102%
Peop. Oas. Lt. Sc Coke 4%s 1930 99% 100
Phiillpa Petrol Co 5%s 1999.... 95 96%
Pure Oil Corp. 5%s 1937... 100 100%
tjhell Union Oil Co. 6a 1947 97 97%
Sinclair Crude OU Co. 5%a 1936 99% 100
Standard OU N. Jersey ft 1946 102% 103
Standard Oil N. York 4'/|S 1951 96% 96%
Bt. L., Ir. Mt. Sc 80. Ry. St 1931 100% 101%
St. L. Southwestern Ry. 4a 1932. 99 .99%
Swift * Co. 5» 1933 .... 100% 101
Union Oil Co Call! 5s 1935.... 100 100%
United Drue Co. 5s 1955 96% 96%
THE EVENING STAR, WASHINGTON, D. C., SATURDAY, APRIL 26, 193 ft
—Prev. 1030.- Stock and Sales— Prsv.
Hlah. Low. Dividend Rate. Add 00. Hlth. Low. Close. Close.
72 66% Southern Cal Ed (2). 30 69 67% 69 69
127 119% Southern Pacific ($). 2 124 124 124 123%
136% 114 Southern Rwy ($)... 33 116% 114% 114% 116%
36% 19% Spang-Chalfant 23 34% 32% 33% 33%
i 96 92 Spang-Chal pf («)... 30« 95 95 95 96
30% 13% Sparks Wlthngtn(l). 22 28% 27% 27% 28
25 20% Spencer Kelg (1.60).. 2 23 23 23 23
36% 21% Spicer Mfg 8 26% 26% 25% 26%
29% 22% Stand Brands (1%).. 44 26 26% 26% 25%
7% 6 Stand Comm T0b.... 2 5% 5% 5% 6%
129% 109% Stand GA E (3%)... 82 126 124% 124% 125%
66% 64 Stand GAE pf (4).., 2 65% 65% 66% 65%
15% 10 Stand Invest Corp... 4 11% 11% 11% 11%
76 65% StandOof Cal (2%). 11l 74% 74 74% 74%
102 98 Stand Oil Exp pf(6).. 2 101 101 101 100%
49 37% Stand Oil of Kan (2). 6 48 47 48 48
83% 58 Stand Oil NJ (t 2)... 366 82% 80% 82% 81
40 31% Stand Oil NY U 60). 196 39% 38% 39% 38%
47% 33 Starretr (LSI (>2%) 8 44% 42% 43% 44%
20% 10% Sterling Sec (A) 16 18% 18% 18% 18%
14% 12 Sterling Sec pf (1.20) 6 14% 14% 14% 14%
47 30% Stewart-Warner (1). 285 31% 28% 28% 30%
113% 77 Stone A Webster (4). 24 108% 107 107% 108
47% 37% StudebakerCo (6)... 55 38 37 38 37%
105% 102% Sun Oil pf (6) 160 s 104% 104 104% 104
8% 6% Superior Oil 3 7% 7% 7% 7%
15% 8% Sweetsof Amer (1).. 3 13% 13 13% 12%
17% 8% Symington (A) 8 16% 16 16j% 16%
26% 15% Telaut Corp (t 1.30).. 3 23% 23% 23% 24
17 13 TennCopACh (1).. 42 16% 14% 14% 16%
59% 50% Texas Corp (3)...... 28 68% 67% 68 58
67% 54% Tex Gulf Sulphur(4) 6 62% 62 62 62%
14% 8% Texas PC& Oil 1 12% 12% * 12% 12
32% 13% Texas Pac Land Tr.. 70 28% 27% 28% 27%
36% 19 Thatcher Mfg (1.60). 11 27% 27% 27% 28
32 26 The Fair (2.40) 1 28 28 28 28
47% 36% Thomp (J R) (3.60). 3 42 42 42 40
39% 33% Thompson Pr0d(2.40? 4 36 35 36 35
18% 11 Thompson Starrett.. 11 15% 14% 15% 14%
17% 10% Tide Water As (60c). 11 17% 17 17 17
89% 78 Tide Water As pf (6) 1 87% 87% 87% 88
21% 14% Timken DetAx(SOc). 9 18% 18% 18% 19
89% 70% Timken Roller (3)... 73 82% 80% 82% 81
6% 2% Tobacco Products... 2 4% 4% 4% 4%
12 7% Tobacco Products A. 5 11% 11% 11% 11%
24 16% Transcontl Oil (30c). 156 23% 22% 22% 23
28% 16 Transue A W (1).... 7 22% 22% 22% 23
41% 30% TricoProd (2%).... 3 38% 38% 38% 39
20% 17% Tri-Conti Corp 17 17% 17% 17% 17%
93 89% Trl-Cntl Corp pf (6). 5 92% 92 92% 92%
37% 33 Truscon Stl (g 1.20)., 3 34% 34 34 34%
31% 19 Twin City RaTri4>. 2 21 21 21 21
79 64% Twin City RT pf (7) 10s 72 72 72 21
138 97% Und-Eil-Flscher (5). 4 112 112 112 112%
126 121 Und-Ell-Fshr pf (7) 100 s 125 125 125 125
16% 10 Union Bag A Paper.. 5 14 14 14 14
106% 76 Union Carbide (2.60) 156 96% 92% 93% 96
50 41% Union Oil of Cal (22) 3 47% 47 47 48%
242% 215 Union Pacific (10)... 2 229 228 228 229%
86% 82% Union Pacific pf (4).. 1 85% 85% 85% 85
99 43% Utd Aircraft 509 86 80% 86 81%
84 44% Utd Carbon (2) 54 81 78% 78% 79%
9 4 Utd Cigar Stores.... 4 6% 6% 6% 6%
60% 30% Utd Corporation 2061 51% 49 61% 48%
53% 46% United Corp pf (3)... 2 52% 52% 62% 63
19% 10 Utd Electric C0a1.... 9 13% 13 13 12%
105 86% Utd Fruit (4) 11 95% 94 96% 95
48% 31% Utd Gaa A Imp(1.20) 805 48% 47 48% 47%
32% 18% USAForSecur 3 27% 27% 27% 27%
103 85% U S Freight (3) 8 97 96% 96% 96%
30% 19 US Hoffman (2) 6 24% 22 22 20%
139% 87% US Alcohol <t7).... 4 91% 90% 91 90
15% 7% US Leather 2 12% 12% 12% 12%
26 15 US Leather (A) 3 22% 21% 21% 22%
38% 18% US Pipe A F (2) 13 36% 35% 35% 36%
20 18% U S Pipe AF 2d 1.20., 1 19% 19% 19% 19%
75% 60 US Realty (5) 27 68% 66% 67 69
36 21% US Rubber 16 ,29 28% 29 29
63% 47% US Rubber latpf.... 5 53 63 53 53%
198% 166 US Steel (7) 340 189% 187% 188 189%
68 60% U S Tobaeco (4) 6 63% 63 63 63%
39 32% Uni v Leaf Tob (3)... 1 34% 34% 34% 36
115 103% Univ Leaf Tob pf (8). 10s 114 114 114 114
9 2% Univ Pipe A Rad.... 13 76% 77%
45% 31% Util Pwr&Lt A (e2).. 43 44% 43% 43% 43%
7% 4 Vadasco Sales Corp.. 3 5% 5% 5% 5%
142% 49% Vanadium Stl i.t4).. 150 143% 138 139% 142
47% 37% Vick Chemical (2%). 2 45% 45% 46% 45
8% 5% JVa-Car Chem 76% 6% 6% 6%
34% 26% Va-CaroChem 6% pf 1 29% 29% 29% 29%
156 65 Vulcan Dot (4) 60s 124% 122 122 125
67% 51 Wabash 14 66% 55 55 57%
31% 24% Waldorf Svstm(lH). 23 30% 30% 30% 80%
42% 26 Walworth Co (2) 9 39% 38% 39% 39
54 21% Ward Baking (A)... 100 s 41 41 41 38%
15% 4% Ward Baking (8).... 68 10% 10% 10% 11
77% 58 Ward Baking pf (7).. 6 68% 66% 66% 68%
80% 38% Warner Bros Pic (4). 70 72% 71% 71% 71%
27 16% Warner-Qulnlan (1). 6 22% 22% 22% 22%
63% 67% Warren Bros (new).. 19 61% 60 61 68%
41% 23% Warren Fdy A P (2). 10 39 39 39 39
9% 6% Webster-Eisenlohr.. 17% 7% 7% 7%
29% 22% Wessoil A Snow (2). 2 26% 26 26 27
101 97% West Penn El pf (6). 10s 99% 99% 99% 100%
110% 105% West Penn El pf (7). 30s 109% 109% 109% 109%
117% 113% West Penn Pw pf(7). 40s 116% 116% 116% 116
60 44 Western Dairy A (4). 1 49% 49% 49% 49%
24% 13% Western Dairy (B).. 1 22% 22% 22% 22%
36 24% Western Md 20 31 30% 30% 30%
53% 40% Western Pacific pf... 1 46 46% 46% 47
219% 177 Western Union ($).. 18 J£l 178 178% 181%
52 43% Westlnghja A B (2). 7 44% 44% 44% 44%
201% 140 Westinghse EAM (6) 69 194% 192% 193% 194%
48% 29% Weston El Inetr (1). 1 40% 40% 40% 41%
59% 37 Westvaco Chlor (2).. 2 62 52 62 62%
64% 36% White Rck MS(t4%). 3 46 46 46 46%
13% 7% White Sewing Mach.. 1 10% 10% 10% 11
39% 27% WhltSw Mch pf (4). 1 36 36 36 36%
21 11% Wilcox Ol* A Gaa..... 4 20% 20 20% 20%
27% 19% wftcoxAßlchß (2). 12 24% 28% 23% 25
11 7% Willys-Overland.... 31 8% 7% 8 8
72% 68% Woolworth (2-401.... 16 66 66% 66 66%
162% 67% Worth Pump 9 155 150 163 164
73 67% W’rigley (Wm) (4).. 1 69% 69% 69% 69%
32% 12% Yellow Truck 49 29% 28% 29 29%
105 72 Yellow Truck pf 10s 95 95 95 95
47 36% Youngs Spring (*)... 9 41% 40 40 42
15% 6% Zenith Radio 19 14% 13% 14% 13%
BIGHTS EXPIRE
2 % Am Roll M.. June 1$ 99 % % % %
22% 21% AmTelATeleg 447 21% 21% 21% 21%
2% %'Chl RI A P.. May » 11 1% 1% 1% 1%
3% 1% Int TelATel..May 1 107 3% 2% 3 3
1 % Ludlum SU. .May 19 27 % % % %
5% 3% Pac Ltg May 1 4 6% 5% 6% 6%
% % Peerless Mot C May 9 3 % % % %
1% % Warner-Quln.May 15 63 11 11
1% % Zenith Rad... May 1* 66 1% 11 1
Dividend rated as given in the above table are the ennual eash
payments based on the latest quarterly or halt yearly declartlons.
a Unit of trading less than 100 shares, t Partly extra, t Plus 4%
<n stock I Payable in scrip. 1 Plus 9% In stock, a Paid last year
no regular rate, b Payable in stock, d Payable when earned, e Pay
able in cash or stork, f Plus 10% in stock, g Plus o% in stock,
h Plus ?% in stock.. 1 Plus 8% in stock, k Pius 3% in stock, n »lua
8% in stock.
OFFICERS NOMINATED
BY BANK INSTITUTE
Nominations for officers of Washing
ton Chapter, American Institute of
Banking, for the administrative year
1930-31, were made this week as fol
lows:
Por president, Frank M. Perley,
American Security &' Trust Co., now
first vice president; for first vice presi
dent, Aubrey O. Dooley, Federal-Amerl
can National Bank, now second vice
president; for second vice president,
J. Fred English, Commercial National
Bank, now chief consul, and Richard A.
Norris, Lincoln National Bank, now
treasurer; for treasurer, D. Georges
Dagenals, Riggs National Bank, and
Robert A. Sisson, Washington Savings
Bank; for secretary, Miss Rose L.Royce,
Washington Loan & Trust Co., now
secretary; for assistant secretary, Miss
Constance Fogle, Riggs National Bank,
and Miss Anne Crawford, McLachlen
Banking Corporation: for chief consul,
J, Earle McGeary, W. B. Hibbs & Co.,
and Walton L. Sanderson, Federal-
American National Bank.
For members of the board of gover
nors, four to be elected:
Miss S. Winifred Burwell, National
Metropolitan Bank; Wilbur C. Dieter,
Union Trust Co.; Gerald E. Keene, Sec
ond National Bank; Robert H. Lacey,
Columbia National Bank; T. Hun ton
Leith, Security Savings & Commercial
Bank; Leonard Marbury, Washington
Loan & Trust Co.; William Mehler,
Washington Mechanics Savings Bank;
Robert H. Whitton, First National Bank
of Alexandria, Va.
BALTIMORE STOCKS.
BALTIMORE, April 26
Sales. STOCKS. Last sales.
660 Arundel Corporation JJ%
1620 Atlantic Coast Line, 44
50 Baltimore Tube com
365 Black & Decker c0m..... 44
1002 Centra) Fire Insurance Co. 57
SC A P Telephone Balto Pfd !!*/•
10 Continental Trust Co 221
5 Consolidated Gas com 126
100 Fidelity k Deposit Co 188%
20First National 8ank....;........ 51
15 Manufacturers’ Finance Co pfd.. 17
25 Maryland Casualty Co 108
13 New Amsterdam Oas 41
28Park Bank ..., 28
20Pa. Water k P0wer...... *1
170 United Railway k Electric 13
22 U S Fidelity k Guaranty 4iVa
1000 Unit Railway?** 1 Income 43%
Blondes are less susceptible to sea
sickness than brunettes, declares Dr. J.
C. H. Beaumont, senior surgeon on an
,: Atlantic iiae>»
DIVIDENDS DECLARED
MEW YORK, April 26 (A 1 ). —
Regular.
Pe- Pay- Hldri. of
Company. _ Rate. rlod. able. record.
Am Brick jpf 50c Q May 1 Apr. 36
Andrews (PL) In T.4oc Q May 1 Apr. 26
Do. pf 75c w May I Apr. 38
At GAC 7% Pf 8..31.75 Q June 2 Apr. SO
Do. 6% pf C.... 31.50 Q June 2 Apr. 30
Do. 6% pf D.... 31.50 Q June 2 Apr. 30
Atlaa Nat Bk (Cin.)..Ss 8-A May 1 Apr. 30
Bank A8 In (NY).tI.SO Q May 7 May 5
Batchd A Sny pf. 32.00 Q May 1 Apr. 19
Brill (J G) pf.... 31.75 Q May 1 Apr. 29
Bulova Watch 75c Q June 1 May 15
Do. pf 87 %c Q June 1 May 16
Bunker Hill A 8M..25c M May 5 Apr. 24
Chic Cor cv pf 75c Q June 1 May 15
Clev El IU pf C23).51.50 Q June 1 May 15
D1 Giorgio Pr pf .1%% Q July 15 June 14
Domlngu OH Field*..lsc M May 1 Apr. 24
Eastern Util Assoc, ,50c Q May 16 Apr. 33
Eisemann Magn pf. 51.75 Q May 1 Apr. 23
Globe A Rut P 1n5.37.00 Q May 1 Apr. 32
Libby Owens Olass. ,25c Q June 1 May 16
Lincoln TAT pf.. 51.50 Q May 10 Apr. 30
Lowell Elec Light.. .85c Q May 1 Apr. 32
Maine Cent 31.25 Q July 1 June IS
Do. pf 31.25 Q June 2 May IS
North Am Co pf....75c Q July 1 June &
Pu ÜBe 36.50 pf. 51.62% Q May 1 Apr. 25
Roc OAE 7% pf 8.31.75 Q June 2 Apr. 30
Do. 8% pf. C.... 51.50 Q June 3 Apr. SO
Do 8% pf D *1.50 Q June 3 Apr. 30
Bagamore Mfg 2% Q May 1
Sixth Nat Bk (Phi1)..38 8-A May 1 Apr. 23
Std Oil Ohio pf.. 81.75 Q June 2 May 8
Btamlo Ltd Ist pr.*1.75 Q May 1 Apr. 23
Do. 2d pf 31.76 Q May 1 Apr. 32
Thoma-Olbb W pf. 31.75 Q May 1
Thomson-Houston .. 6%
Union Cot Mfg..1%% Q May 1
White (8 8) Dental.3oc Q May 1 May 1
York Rys pf 83 %c Q Apr. SO Apr. 21
Benellci Ind Loan 37%c Q Apr. 30 Apr. 10
Do. pf A 87 %c Q Apr. 30 Apr. 10
Extra.
Atlas Nat Bk (Cinn)..Ss .. May 1 Apr. 30
Bunker H A 8M...35C .. May 5 Apr. 34
Columbia Tr cßost)..s4 .. May 1 Apr. 21
Dominguez Oil P. ..103 .. May 1 Apr. 24
PUt Bec 36.50 Pt.l2%c .. May 1 Apr. 25
Sixth Nat Bk (Phll)..Sl .. May 1 Apr. 32
White (8 8) Dental. 10c .. May 1 May 1
Initial.
Security Ina new...35c Q May 1 Apr. 21
Square O Co B 50c Q June 30 June 30
Thom-Glbb El W A..50c .. May 1
Mlttl.
Stewart'Warnar ...25c Q May 15 May 5
iMIMi
Ot West Brazil Ry. .3%
Stack.
North Amer Co.. ,2‘/j% Q July 1 June B
Square OCo B 3% 8-A June 30 June 30
Omitted.
Martel MUla pf A.51.75 Q Due Apr. 1
Stewart War 3% atk div.. Due May IS
"'I
Ford Unable to Oet Locomotive.
ATLANTA, April 26 (JP). —A locomo
tive that escaped Sherman la aafe from
Ford. Mayor Ragsdale had given notice
that Henry cafc’t buy or borrow a Con
federate relic for his museum.
BONDS ABE ACTIVE
IN LOWER MARKET
Rails, Municipal and Utilities
Sell Off in Large
' Turnover.
BY F. H. RICHARDSON.
Special Dispatch to The Star.
NEW YORK, April 26.—80nd trading
waa somewhat more active today than
on previous days of the week. Most of
the buying, however, was apparently of
a semi-speculative order, as interest and
activity centered around high-yield
amusement company, Industrial and
junior railroad bonds.
Money at 4 per cent for 90-day bills
was hardly reflected accurately by the
sluggishness of prime securities. The
market average is now about 2 points
below its high point of March, but 3%
points above its low level of the year.
High-grade rails such as Atchison
general 4s and public utility bonds like
American Telephone 5 Vis, Philadelphia
Co.’s 5s and Utilities Power Sc Light
sVis dropped off by small fractions
with no great demand manifesting
itself anywhere among .the legal classi
fications. Municipals were off a little
for the first time in some weeks, the
range of yields now running from 3.95
to 4.75 per cent, or about .25 higher
than a week ago.
Convertible bonds continued their ac
tivity, but at lower levels, with the stock
market. American Telephone 4 Vi» were
down close to 2 points, and Alleghany
ss, American I. O. Chemical 5 Vis and
Warner Bros. Pictures 6s lost fraction
ally. A notable exception was General
Theaters Equipment 6s, up over 3 points.
It was in the semi-speculative amuse
ment obligations that the main attrac
tion seemed to be. Pathe 7s, lor
instance, went to a new high, up over
3 points, and Shuberts 6s advanced 2
points, both moves being a reflection
of further merger talk. Other indus
trials to advance were National Dairy
Products 5V48, Dodge Bros. 6s, Armour
of Delaware 5 Vis and Certain teed 5 Vis.
Junior rails that showed, strength were
St. Paul adjustments, Erie refunding
ss, Frisco 4 Vis, Southern Railway 4s,
Wabash 4Vis, Western Maryland 4s and
Boston Sc Maine ss.
Foreign dollar credits were generally
lower in response to the larger amount
of new foreign offerings on dealers’
shelves. Sao Paulo bonds were in de
mand.
Massachusetts Utilities.
Massachusetts Utilities Associates re
ports increase of $697,854 in gross reve
nue for the 12 months ended March 31,
1930, against 12 months ended March
31, 1929. For the month ending
March 31, 1930, increase in gross reve
nue was $19,583 over month ended
March 31, 1929. Over 15 voluntary
reductions in price are In effect this
year that were not in effect March,
1929. Balance available for dividends,
depreciation and reserves as of March
31, 1930, was $3,511,519, against $3,275,-
969, as of March 31, 1929.
Corporation News
NEW YORK, April 28.—The follow
ing is today’s summary of Important
corporation news prepared by Standard
Statistics Co., Inc., N. Y., for the As
sociated Press.
News Trend.
Weakness in three important markets
was in evidence on Friday. Prloes on
the Stock Exchange were Irregular, with
declines in the majority. Our 90 stock
index fell 0.2 points. In the commodity
markets May wheat fell to $1.02, a new
low for the season, while cotton prices
declined $1 a bale or more.
The weekly mercantile reviews fail to
find any changes of broad significance
in the business situation. Following the
increased buying spurt before Easter,
a slight quieting down has become evi
dent in distributive trade and in some
Industries. The unseasonable weather
in the East and some other sections of
the country has been a contributing
feature. Another factor has been the
continued weakness in commodity
prices, increasing the disposition of
buyers to operate more cautiously.
Bank clearing in leading cities of the
country in the week ended April 24
totaled $9,381,577, or 13 per cent below
a year ago, due partly to the holiday
on Good Friday, which was earlier in
1929. In New York City they were $«,-
234,000.000, or 14.4 per cent less, while
in principal centers outsidfof New York
total was $3,147,577,000, or 10 per cent
jess.
The Companies.
Air Way Electric Appliance earned
63 cents on common stock in March
quarter, against 96 cents in like 1929
period. . .
Lane Bryant, Inc., common stock
holders receive rights to subscribe to
10-year 6 per cent debentures in ratio
of sls principal amount for each share
common held.
Bulova Watch sales this year 11 per
cent ahead like 1929 period and ship
ments 29 per cent ahead sales.
Bush Terminal earned $1.15 on com
mon stock in March quarter, against 87
cents in like 1929 period.
Chicago & Eastern Illinois March
net operating deficit $42,276. vs. net
operating income of $165,443 year ago;
three months’ deficit $185,736, against
Income $494,125 year ago.
Chicago Pneumatic Tool earned 5
cents on common stock in March quar
ter, against 81 cents in like 1929 period.
Commonwealth A Southern earned
72 cents on common stock in fiscal
year to March 31, 1930.
Com Products Refining earned $1.07
on common stock in March quarter,
against sl.lß in like 1929 period.
Erie Railroad earned 66 cents on
first preferred stock in March quarter,
against 99 cents on common stock in
like 1929 period.
Federal Screw Works earned $1.21
on common stock in March quarter,
against $1.90 in like 1929 period.
BANK CLEARINGS.
Bank clearings this week at leading
cities in the United States of $9,381,-
577,000 are 13 per cent below those of
last year, according to Dun’s Review.
At New York City clearings of 06,234.-
000,000 are 14.4 per cent lower, while
the aggregate for the principal centers
outside of New York of $3,147,577,000 is
10 per cent under last year’s. There
is a slight recession in this week’s re
port of bank clearings, owing to the part
holiday on Good Friday, which in both
preceding years occurred earlier. The
reduction this week is a little larger
than for any week since the third week
in March. Notwithstanding this fact,
the April return still shows great im
provement over the record for the three
previous months this year.
Clearings for the week, as reported
to R. G. Dun Sc Co., and average daily
clearings for the year to date, are com
pared herewith:
Week Per
Apr. 24. 1030. cent.
Boston 1412,000.000 Dec. 0.5
Philadelphia 433,000,000 Dec. 27.7
Baltimore 89.94fi.000 Dec. 0.3
Plttibursh 184.852.000 Dec. 4.S
Buffalo 49.788.000 Dec. 10.8
Chicago 576,834,000 Dec. 8.1
Detroit 201.958.000 Dec. 19.4
Cleveland 122.819.000 Dec. 16.4
Cincinnati 53.529.000 Dec. 12.6
St. Louis 115,900,000 Dec. 8.3
Kansas City 123,800.000 Dec. 5.1
Omaha .... 39.890.000 Dec. S.S
Minneapolis 87.846,000 Inc. 19.1
Richmond 45.258,000 Inc. 10.7
Atlanta 48,150.000 Dee. 17.0
Louisville 38.386.000 Inc. 9.8
New Orleans 42,189.000 Dec. 23.3
Dallas 39.939.000 Dee. 31.1
San Francisco 134,600.000 Dee. 1.0
Los Anteles 177,985, 000 Dec. 11.9
Portland 33.210.000 Dec. 4.4
Beattie 33.903.000 Dec. 13.7
Total 13.147.877.000 Dee. 18.0
New York 8.284.880.000 Dec. 14.4
Total all Dec. TshO
lon new york BONDS STOCK EXCHANGE |
Received by Private Wire Direct te The Star Oflke
UNITED STATES."
(Sales ar# In 31.000.)
nelte High. Low. Close.
LibSVts 6 1001 1061 1001
Lib 4th 4%*. < 162 10126 10124 10126
U84V4552... 12 11110 1118 1118
FOREIGN.
Bale*. Rich. Low. Clote.
Argentino Ss 2 88 88 88
Argentine, May ’Ol. 1 99 99 99
Argentine Oa Ju *69. 9 98% 98% 98%
Argentine Is Oet’69 798 H 98% 98%
Argentine 5V4>*02.. 11 92% 92 92
Argentine Os A I 99% 99% f 9%
Argentine Oaß 11 99 98% 9814
Australia 4Vis'6o.. 2 82V4 82Vi 82Vi
Australia 5a ’65.... 7 90)4 90 90
Australia 5a‘67 21 90% 90 90%
Bank of Chile 6 Vis... 3 96 96 96
Bank of Chile 6%a. 3 99% 99% 99%
Belgium 6s 7 102 101% 102
Belgium OVia 57 108 107% 108
Belgium 7a’65 4 112% 111% 111%
Belgium 7a’so 13 108% 107% 107%
Belgium 7%s 7 116% 115% 116%
Bolivar 75'63 7 83 82% 82%
Bolivia 7s ctfa '69.. 5 80% 80 80
Bolivia Ss 2 98% 98% 98%
Bordeaux 6s 36 103% 103% 103%
Brazil 6ViS *26 16 83% 83% 83%
Brasil OVia’27 4 84% 84% 84%
Brazil 7s 11 89% 89 89
Brazil 3s 3 99% 99% 99%
Canada 5a '6l 6 105% 105% 105%
Chile 6s’6o 10 91% 91% 91%
Chile 6s *6l 28 91% 91% 91%
Chile 7a '43 |2 101% 100% 101%
Colombia 6a,Jan ’6l 4 78% 78% 78%
Con Pwr Japan 75.. 1 100 100 100
Copenhagen 4 % a’s.' 4 92% 92% 92%
Copenhagen 6a rets 1 98 98 98
Denmark 4%a 8 91% 91% 91%
Denmark 6Vi a 55.. 2 100% 100% 100%
Denmark 6s 11 105 105 106
Dutch East Ind’47. 9 102 102 102
Dutch East I 65’62. 3 102 102 102
Finland 5%s 26 91 90 90
Finland as 6g ’45... 1 96% 96% 96%
French 7a 42 117% 117% 117%
French 7%a 36 122% 122% 12’.-%
German Bank 6a'3. 14 89 89 89
German El P 6 Vi a.. 1 94% 94% 94%
Germag 7s 12 108% 108% 108%
Oer Gen Elec 7a... . 1 103% 103% 103%
Greek 6a’63 .. 2 86% 86% 86%
Haiti 6s 7 94 93 94
Hungary 7Via 1 102 102 102
Irish FreaSUte ss. 2 97% 97% 97%
{‘"Jy 7 * U 99% 98% 98%
Italian Pub Sve 75.. 19 96% 95 95%
Japanese 4s 9 86% 96% 86%
'Japanese 6Vi a 12 104% 104% 104%
Karstadt 6a ’48.... 3 77% 77% 77%
KreugerAToll 5a et. 65 99% 99 99
Lyons 6s 2 103% 103% 103%
Marseille 6s 40 108% 103% 103%
Mex4sT9 o4 asnd... 1 11% n% 11%
Montevideo 7a 2 100 100 100
Netherlands 6a’72. 10 104 104 104
86% 86%
Nord 6 Vis. 8 108% 103% 108%
Norway 6a’63 3 98% 98 98
Norway sVia 2 100% 100% 100%
Norway 6s ’4B 10 103% 103 103%
Norway 6a’44 2 103 103 103
Or entdevtVi 58... 10 90% 90% 90%
Orient Dev 6a’52... 8 98% 98% 98%
Parls-Lyona-M 6a.. 3 103% 108 103
Para-Ly-MedTa... 2 104% 104% 104%
Paris Orleans sVis.. 1 101% 101% 101%
Peru 6s 60 3 79% 79% 79%
Peru 6a *6l 1 gi% g ll4 81M
£*r u 4 95% 95 95
Poland 6s 40 3 79% 78 78
Poland 7s (rets) ••6 86% 86 86%
Poland ta 11 94% 94 9ji”
Queensland 6a .. 1 101 101 101
Queenland 7a 1 108 108 108
RhlnelbeUn 7a...., 2 107 107 107
Rhine Westfs’fi*.. 1 89% By % 99%
Rhine Wst EP 7a’So 1 103 103 103
Rio de Janeiro 6%.. 8 81% 80% 80%
RioGr du Sul 6a’4s 1 75% 75% 75%
Rio Gr Du Sul 85... 3 95% 98% 9«%
Rome 6%s 6 91% 91% 91%
R y’l Dutch 4%sww 3 88% 88% 88%
Sao Paulo 85’36.... 5 102 101% 102
Saxon (PW) 7a.... 1 97% 97% 97%
Seine 7a ’42........ 2 107 107 107
Serbs CrSlov 7a... IS 85 84% 85
Sol aeons 6s 22 103% 103% 103%
Sweeden 6 Vis 11 104% 104% 104%
Swiss 5%s *46 12 104% 104% 104%
SwissConfed 15.... ll 108 107% 107%
SI ** *** * 9 99% 99%
Toho El Pwr 7a.... 4 100 100 100
Toklo 6a 9 82 81% 81%
Toklo 5% a '6l 1 91% 91% 91%
1 <®4% 104%
Utd SSCopen 65’37. 13 100% 100% 100%
Uruguay 6a*«o 12 98% 98% 98%
Vienna 65’52 14 'B7 86% 86%
Yokohama 6a...:.. 2 96% 96% 96%
MISCELLANEOUS.
Ahltlhi PAP 5s *61.. 8 86% 86% 86%
Alleghany Cp 5s %4 30 101% 100% 100%
Alleghany 6a‘49... 81 101% 100% 100%
AmCham sVbaev*49 10 108 107% 107%
Am Int Cor 6Vi a‘49 16 100. 100 100
Am Smlt St R Ist Ss 26 101% 101 101%
Am Sugar Ref 65... 4 103% 103% 103%
Am TAT cv4%s’39 497 172% 169 170%
Am TAT 6s '65 88 103% 108% 103%
Am TAT a f 6a..... 1 103% 108% 103%
Am TAT 6 Vis 27 106% 106% 106%
Am Water Wks 5a.. 2 102 102 102
ArmourACo 4%5*39 11 89% 89% 89%
Armour. Del.KVis..< 12 88% 83 88
Atl Gulf 6s *59 fi 77 77 77
Bell Tel. Pa, 6a (B). 1 104% 104% 104%
Brklyn Edison Is.. 1 2 104% 104% 104%
Certn-Td 6%a rets. 6 60% 60% 60%
Chile Copper 6a 4 96 96% 96
Col GAEI ss,May’62 14 101% 101% 101%
Com Invest 5Vi a *49 6 92% 92% 92%
Com Invest 65’48.. 1 97% 97% 97%
Con Coal. Md. 65.... 3 49% 49% 49%
Con Gas N Y 6Via.. 20 106 106% 105%
Denver Gas 5a 1 101% 101% 101%
Det Edison 6s 2 106% 106% 106%
8 96% 95 96%
Donner Steel 7a.... 6 103 103 103
East Cuba Sug 7 Via 2 80 80 80
Gen Cable 5Vi a'47. 14 102% 102% 102%
Gan Mot Ac Cor fa.. 6 103 103 103
Gen Pub Sve 6Vi a.. 28 103% 102 102
Gen St Cast 6Vi s'49 11 105% 105 105
Goodrich 6%a 2 106% 106% 106%
Goodyer 5a rets.... 34 93% 93% 93%
HumblsOAß 65... 6 101% 101% 101%
HumblaO ARSVis. 5
111 Bell Tel 5s 1 104% 104% 104%
Inland Stael 4%’78. JO 94% 94% 94%
Inti Match 6a *47... 21 99% 99% 99%
IntlMer Mar 65.... 5 101% 101 101%
Inti Paper fa 1 88% 88% 88%
Inti Tel A Tel 4Vi a. 2 90% 90% 90%
Inti TAT 4%a cv... 20 127% 126% 126%
Inti TelATel is'6s. 35 96% 96% 96%
Kan GAE 6s ’62... 2 105 105 105
LacledeG 6Via’62.. 10 102% 102% 102%
Lautaro Nltrata 6s. 20 84% 83% 84
Liggett A Myers 7a. 1 120 120 120
Lorlllard 6a 2 89 89 89
Larillard 5% a 1 93% 93% 93%
Lorlllard <P> 75.... 1 108% 108% 108%
Midvale Steel 55.... 21 101 100% 101
Montana Pwr’43... 2 102 102 102
Montana Pwr db 6s. 1 100% 100% 100%
Nat Dairy 6%a.... 3 98% 98% 98%
Nat Radiator 6Vi a.. 11 27% 27 27%
N Y Edison 6 Via.... 2 113% 113% 111%
NYGA EH P 4a. . 6 94 93% 93%
N Y Tel 4% a 31 100 99% 100
NY Tel 6s ’4l 87 106% 106% 106%
North Am Ed 65.... 5 102% 102% 102%
No Am EM 6Vi a *62.1 15 102% 102% 102%
Nor States Pwr 6a.. 1 101 101 101
Pacific Gas AEI 6a. 6 101% 101% 101%
Paramount fa’47. .> 3 100% 100% 100%
Paths Exchange 7s. 25 77 76% 77
Phils Co 6a’67 9 100 99% 99%
Phlla A Read 6s’4». 58 106% 106 106
Phillips Pet 5 Vis... 63 96% 95 «5%
Pillabury F M 6s’4S 1 104% 104% 104%
Postal Tel AC 5%a. 1 94% 94% 94%
Pub Sve Gas 4 Via..l 4 97% 97% 97%
Punt* Alegre 7a.... 4 45% 45% 45%
Pure Oil 5%a’37... 11 100 100 100
Rem Arms 6s'3 7... 1 95% 95% 95%
Rem Rand 5%a war 2 100 100 100
Sinclair Oil Ca • 1 100% 100% 100%
Sinclair 011 7s 13 104 103% 103%
Sinclair Crude 6 Vi* 25 100 99% 100
Sinclair PL 5a 1 98 98 98
Shelly OllSVia 32 97 96% 97
So Por Rico Sug 7a. 7 105 104% 104%
South Bell Tel 6a... 6 103% 103% 103%
Southwest Bell sa. . 6 104% 104% 104%
Stand Oil. NJ‘46... 12 102% 102% 102%
Tenn El Pwr 6a '47.. 2 106% 106% 106%
TexCorpcv6a'44.. 35 105 105 106
Tranacontl Oil CVi* 1 103 103 103
United Drug 8a ‘6B. 4 96 95% 98
USRublatrf 6a... 1 86% 86% 86%
Utah PwrALt 6a... 1 99% 99% 99%
Utilities Pwr 6Via.. 2 91% 91% 91%
Walworth 6a ’46..., 1 91 91 91
Walworth 6Vis’36. 5 106 106 106
Warner Sug 7a *41.. 2 106 106 106
Weatarn Elec 6s 30 103% 103 103%
Westn Union 6s*Sl. 2 102% 102 102%
Westn Union 6Via.. 10 109% 109 199
■klMp —l*» Lav. am.
Whit# Earl* 5%a.. 60 10»% 107 108%
Willya-Ov6*s'33.- 1 100% 100* 100*
WllaonACo lat «8- 2 101 101 101
Youngatn BAT Sa.. 2 101* 101* 101*
RAILROAD.
Atchison gen 45.... 13 03 98 03
Ateh dab 4*a *41.. .13 132* 132* 132*
Atl C L 4*a *04...« 2 98 98 98
BAO (Old 4a 1 92* 92* 92*
B A O cr 4*a 1 100* 100* 100*
BAO ov 4*a ’4O. .. 27 102 101* 101*
BAO ref 5a 1 103 103 103
B AO 5a 2000 (D).. 26 102* 102* 102*
BA O lat 6a rcta.. .. 1 104* 104* 104*
BAOrflmpla.... 2 108* 108* 108*
BA O Toledo 4a... . 1 86* 86* 85*
Boston A Main* 6a.. 8 98* 98* 98*
Bklyn Kiev 6*a 2 92* 92* 92*
Bklyn Manhat «a... 10 98* 97* 97*
Bklyn Un El 6a ata. 1 88* 88* 88*
Buff R* Pitts 4%a. 2 92 92 92
Can Nat 4*a ’67.... 1 96* 96* 96*
Can Nat 6a, July 49. 2 102 101*102
Can Nat 6s. Oct 69. 13 102 101* 101*
Can Nor 4*a '35.... 2 99* 99* 99*
Can Nor •* a 3 116 116 115
Can Northern 7a... 4 111 110*110*
Can Pac deb 4a 7 86* 86* 86*
Car Clin AO 6a '62.. 9 108* 108* 108*
Central Pacific 45.. 1 93* 93* 93*
Cent Pac lat 6s '9O. 5 102% 102* 102*
ChesAOhio Corn 6a. 11 100* 100* 100*
Chea A O 4*s’93 A. 9 96* 96* 96*
Ches AO 4*s 8’96. 45 96* 96* 96*
Chi A Alton 3* a... 21 70 70 70
Chi A K 111 gn 6s 61. 36 78* 77* 78*
Chi Gr West 4a‘69. 75 70 68* 69*
CMAStP fct 4%s 89 9 94* 94* 94*
ChIMiIStPAP 65'76. 71 92* 91* 92*
CMSPAPac adjsao3 66 68* 68* 68*
Chi ANWgn 3 *a.. 5 77* 77* 77*
Chi AN W aen 45... 17 90 90 90
Chi A NW con 4*a. 10 100* 100* 100*
Chi ANw 6*a 2 108 108 108
Chicago Rwys 55... 26 79* 79 79
Chlß I A Pan 45... 10 19* 89* 89*
ChlßlAPrf 45... 5 97 96* 97
ChlRI AP4*s.... 1 94 94 94
Chicago T H 1 97* 97* 97*
CAW Ind 6%a '62. 9 104 103* 103*
CCC&StL 4%s (E). 6 97 97 97
Clev Term 4%5*77. 15 97* 97* 97*
Clev Term 6a 2 104* 104* 104*
Clev Term 5*5.... 6 108* 108* 108*
Colo ASoulHs.... 17 100* 99* 100*
Cuba RR 7 * a...... 2 85* 86* 85*
Cuba Nor 6%s rcta. 6 64* 64* 64*
Bel A Hud lat rt 4s. 3 93 93 93
Del A Hud 7a *30... 2 100* 100* 100*
D R GAWst 6a ’76.. 8 91 91 91*
Duluth SS A Atl 6s. 4 81 81 81
E Tenn VaAGa 5a.. 2 104* 104* 104*
Erie gen 4a 25 80* 80* 80*
Erie 6s, 1967 8 95 94* 94*
Erie 6s. 1975 110 96* 96* 96*
Fla East C6a '74... 1 68 58 68
Gr Trunk at deb fa. 10 106* 106* 105*
Gt Nor 4%s ’76(D). 1 96* 96* 96*
GrtNor 4*s (E)... 3 97 97 97
Gt Nor them 5a.... 1 106* 106* 106*
Great Nor gen 7a... 31 110* 110* 110*
Hav El Ry 6a ’52.. „ 1 79 79 79
Hud A Man adj 6a.. 78 80* 79* 80*
Hud A Man ref 6a.. 1 97* 97* 97*
111 Cent ref 4s 10 93 92 93
111 Cent 4* a *66.... 6 99 98* 99
Int Rapid Trans 6s. 8 72* 72 72*
Int Rap Tr 6s atpd.. 19 72* 72* 72*
Int Rapid Trana 7a. 19 89 89 89
Int AGt Nor adj 6a. 16 86* 86* 86*
Int Rya CA 6%s rc., 4. 96* 96* 96*
Kan City Ft S 4*... 10 96* 96* 96*
I Kan City Term 4a.. 4 90* 90 90*
Lehi Val con 45... . 17 88* 88* 88*
LAN uni 4s 4 94* 94* 94*
Manßy Ist 4s *90... 1 62* 62* 52*
Mill El RyAL6s’6l. 19 100* 100* 100*
MK A T 4*s 73 10 95 96 95
M StPASSM 6*8... 2101*101*101*
Mo Pacific gen 45... 27 79 78* 79
Mo Pacific as A’66.. 1 100* 100* 100*
Mo Pac 6a F'77.... 10 99* 99* 99*
Mo Pac 5a G *71.... 3 99* 99* 99*
N O Tea AM5a B. . 1 99 99 99
NTCtndeb 4a..... 4 98 98 98
NTTAM 5%a.... 2 102* 102* 102*
N Y Can rs 1m 4*a. 3 98* 98* 98*
N Y Can ref 5a 43 106* 106* 106*
N Y Cen dab 65.... 2 106* 106* 106*
MCA StL 4*B C. 102 95* 94* 95*
NYCA St L s*sA. 12 107* 107 107*
NY C A StL 5%S B. o 107 107 107
N C C A StL 65’31.. 3 101* 101* 101*
NY NHAH 4*a '67. 5 91* 91* 91*
NY NHAH cv db 6s 16 125* 124* 120
N Y NHAH clt 6a.. 22 106* 106* 106*
N YOnt A W lat 4a. a 69 69 69
NY Railway 65.... 1. 6* 5* 6*
NY SusAWn gen 6s 2 76 76 76
NorfASou gn 65’64. 4 71* 71* 71*
Norf AWn con 45.. 6 92* 92* 92*
Nor Pacific 38 2027.. 7 66* 66* 66*
Nor Pacific ref 65.. 12 112 111* 111*
OgdenALake Ch 4s. 1 81 81 81
Penna 4%a 1970.... 41 94* 94* 94*
Penna gen 4*a.... 6 99* 99 99
Penna 4%s '63 22 99* 98* 99*
Penna 5s *64 • 1 103* 103* 103*
Penna 6*a 1 108 108 108
Pnllippine RR 45.. 2 30 30 30
PereM 4*a 1950... 86 96% 96* 96*
Pere Marq Ist 65.. . 1 103 103 103
Rio Gr Wat lat 4a.. 4 93* 93* 93*
R 1 Ark A L 4*a... 4 98*. 98* 98*
St L IMAS gn 5s 31. 4 100* 100* 100*
StL ASF pi 4s A... 9 90* 90 90%
StL ASF 4%s 78.. 92 92* 91* 92*
StL A SanFr In 6a.. 1 101* 101* 101*
StP AKC ShL 4*a. 4 96* 96* 96*
Seaboard AL 4a ata 1 69* 69* 69*
Seabd AL adj 55’49. 2 67* 57* 57*
3eaboard AL cn 6a.. 6 73 72% 72%
S B All Fla 6a ’35 A. 11 66 66 66
Sou Pac ref 4a 10 92 92 92
Sou Pac 4*B rets.. 3 96* 96* 96*
Sou Pac 4%5’69 ww 25 98* 98* 98*
Scu Rwy gen 4s 18 90* 90 90*
Sou Rwy 6a *66 1 114* 114* 114*
Term Asso StL 6a.. 3 102* 102* 102*
Tex A Pac 6s B *77.. 17 101* 101 101
Tex A Pac 6s C *79.. 21 101* 101* 101*
Third Averef 4s'6o. 2 60* 60* 60*
Union Pac Ist 4a... 1 94 94 94
Un Pac Ist ref 45... 10 90* 90* 90*
Union Pac 4*a.... 5 98 98 98
Un Pac Ist ref 6a... 1 109 109 109
Virginia Ry Ist Is.. 2 104* 104* 104*
Wabash 4%5*78 ret. 61 92* 92 92*
Wabash lat 6s 4 103 102* 103
Wabash 6s '76 8.... 4 100 100 100
Wabash 5*8*76.... 4 104 103* 103*
Western Md 4s 12 82* 82* 82%
West Md 6*a ’77. .* 16 98* 98* 98*
Wls Cen gn 4a 49... 6 80* 89 80
Wall Street Briefs
By the Associated Press.
The business of the Midland Steel
Products Co. has been so great, E. J.
Kulas, president, said today, that it has
been necessary to place a night shift in
operation at the Cleveland plant.
The directors of the Lone Star Oas
Co. have offered stockholders of record
May 31 the right to subscribe to ond ad
ditional share at $22.50 a share for each
six shares held.
A banking group beaded by the Con
tinental-lUlnois Co. has purchased an
issue of $12,000,000 6 per cent preferred
stock of the Skelly Oil Co., which is ex
pected will be offered for public sub
scription early next week.
Reports that the L. A. Young Spring
A Wire Corporation was negotiating for
the purchase of a stock interest in the
Reynolds Spring Co. of Jackson, Mich.,
were denied today by L. A. Young, presi
dent of the company bearing his name.
The March net operating income of
the Chicago, Milwaukee, St. Paul A Pa
cific Railroad totaled $928,009, compared
with $2,193,300 in tl*e same month last
year. The aggregate for the first quar
ter was $2,758,830, as against $5,046,370
for the corresponding period in 1929.
Stockholders of the Missouri-Kansas
Pipe Line Co. of record May 15 have
been offered rights to subscribe for one
share of class “B” voting trust certifi
cates at $1 each for each share of com
mon stock held. The rights expire June
TREASTTRY CERTIFICATES.
» ffiK a /»:. :::: l S !;S, IS
3%a Dec. 15. 1930 SO 31-32 100
3%s Mar. IS. 1933 M 30-32 100
3%* Sept. 15. 1033 M 30-32 100
3*o Dec. 16, 1933 99 30-33 100
*INANCIAEr
BANKER ASKSSHIR
IN RESERVE BOARD -
Warburg Would Eliminate
Secretary of Treasury From
Membership on Directorate.
Sweeping changes in the Federal Re
serve Board, including the elimination
of the Secretary of the Treasury from j
membership, are recommended by Paul
M. Warburg, internationally known
banker and one of the founders of our
present central banking system, In a
two-volume history entitled “The Fed
eral Reserve System, Its Origin and
Growth,” Just published by the Mac
millan Co. Under the direction* of a
board constituted according to his plan.
Mr. Warburg asserts, the recent stock
market “debauch” would have been ar
rested long before it reached its colossal
dimensions.
His suggestion that the Secretary of
the Treasury ought not to be a member
of the Federal Reserve Board, much less
Its chairman ex-officio, does not imply
the slightest criticism of any Secretary
of the Treasury who. since the organiza
tion of the Reserve Board has acted as
chairman, Mr. Warburg says. “In gen
eral they have tried their very best to \
meet justly the embarrassing require- v
ments of their dual position,” he says
and continues: “A political chairman
of a non-partisan board Is an Incongru
ity imposing upon the incumbent a well
nigh impossible task.”
Fourteen years of actual operation of
the Reserve System, Mr. Warburg
further remarks, have demonstrated the
incontestable fact that the Secretary of
the Treasury cannot possibly find the
time to attend regularly the board’s pro
longed meetings.
NEW YORK COTTON
Special Dispatch to The Star.
NEW YORK, April 26.—The most
general rain In sections of Oklahoma <
In several months and declines in wheat,
sugar and rubber to lowest prices of
the year exerted a depressing influence
on the cotton market today.
Both May and July contracts sold
below the 16-cent level, and an inch
or more of rain over a wide area in
Oklahoma brought pressure on distant
deliveries. Final quotations showed a
loss of 5 to 10 points on the day. Spots
were reduced 5 points to 16.20.
Cotton range:
Open. Blah. Low. Close.
May 16.01 16 04 15.58 19. SS
July ...... 16.13 IS. 13 15.99 16.06
October, 01d.... 15.10 15.12 14.98 14.99
October, new... 14.85 14.88 14.72 14.74
December, 01d... 15.27 15.27 16.14 15.16
December, new.. 14.99 14.99 14.88 14.90
January, old 15.28 15.28 15.25 15.26
January, new... 15.01 15.01 14.92 14.92
March 15.23 15.23 15.15 16.16
Washington Stock Exchange
SALES.
Washington Rwy. A Elec, pfd.—4 at
98%. a
American Security A Trust pfd.—lo at *
418.
D. C. Paper pfd.—lo at 50.
Mergenthaler Linotype—lo at 107*4.
AFTER CALL.
Potomac Electric 6% pfd.—s at 112%.
Potomac Electric 5%% pfd.—3 at 108*4,
2 at 1081/2, 5 at 108%.
Capital Traction 55—52,000 at 95, SSOO
at 95, SSOO at 95.
Federal-American National Bank—lo
at 280.
Washington Rwy. A Elec. 4s—sl,ooo at
87*.
Washington Oas 6s “A”—ssoo at 102%.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
Bid. Asked
Amer. Tel. A Telga. 4%s ’33.... 100*
Amer. Tel. & Tel. 4Vis ’39 191*
Am. Tel. & Tel. ctl. tr. 5s 104% .....
Anacostia A Potomac R. R. 55.. 83 86
Anacostia A Pot. guar. 5s 93
C. P. Tel. ot Vo. 5s 102 .....
Capital Traction R. R. 5s 95 95*
City A Suburban Ss 82 .....
Georgetown Gas Ist 5s 101* 1 22 1/ *
Potomac Elec. cons. 5* 102 103
Potomac Elec. 6s 1953 106*
Wash.. Alex. A Mt. Ver. ctfs.... 3
Wash.. Balt. A Annap 5s 85
Washington Gas 5s 101 .....
Wash Oas 6s, series A 103 103
Wash. Gas 6s. series B 105 105*
Wash. Rwy. A Elec. 4s 87% 68
MISCELLANEOUS.
Barber A Ross. Inc.. 6*s 91 93
Cham.-Vanderbllt Hotel 6%5.. .. 75
Chevy Chase Club sVis 100
D. C. Paper Ms«. 6s 75 .....
Pot. Joint Stock Ld. Bk. 5s 88 93
Wash. Mkt. Cold Storage 55.... 95 .....
Wash. Cons. Title 6s 80 93* 4
STOCKS.
PUBLIC UTILITY.
Amer. Tel. A Tel. (9) 250 .....
Capital Traction Co. (6) 76% .77*
Wash. Gas Light Co *l36* 130
Norfolk A Wash, (12) 265 278 J
N. A W. Steamboat w. 1......... 17 18*
Potomac Elec. Power 8% pfd... 112* 113*
Pot. Elec. Power 5*% pfd 108% 10®*
Wash. Rwy. A Elec. com. (7).. 550 .....
Wash. Rwy. A Elec. pfd. (5) 98 * 99*
Wash., Balt. A Annap. com 6
Wash., Balt. Annap. pfd 7
NATIONAL BANK.
Capital (14) 230 380
Columbia (12) ....... li? •• ••
Commercial (stamped) (10).... 235 240
District (8) 215 230
Federal-American (10) 280 300
Liberty (71) 210 218
Lincoln (12) 400 440
Metropolitan (14) 370 386
Riggs (15) 528 535
Second <9e) 200 214
Washington (13).. 250 260
TRUST COMPANY. 4
Amer. Sec. A Tr. Co. (15) 417 420 ▼
Continental Trust <6127 135
Merchants’ Bank A Tr. (6).... 130 135
Natl. Bov. A Trust (121) *SBO 595
Union Trust (8g) 250 300
Washington Loan A Trust (14).*498 520
SAVINGS BANK.
Bank of Bethesda (6|) 63 87
Commerce A Savings (10) 330 ... .
?ast Washington (12) 25 35
otomac (10) 65 75
Security Sav A Com. (17) 482 600
Seventh Street (12) 305
United States (30) 530
Washington Mechanics (32).... 50
FIRE INSURANCE.
American (13) *323
Corcoran (10) ISO
Firemen's (9) 39 44
National Union (15) 24 27* -
TITLE INSURANCE.
Columbia (6h) 9 13 V
Real Estate Titla (6h> 165 '
Title A Inv. Co. Md. com 20 30
MISCELLANEOUS.
Barber A RoSs. Inc., com 16 31
Chevy Chase Dairy pfd. (7)... 103 108
Col. Sand A Gravel pfd. (7)... 94 * 95*
D. C. Paper Mfg. pfd 45 60 ,
Dlst. Natl. Securities pfd. (7). 90 95 >
Emer. Bromo-Selz. "A” (2).... 32 33
Federal Btoraße pfd (8)., 110 125
Fedrral-Amer. Co. com. <1.30f). 31% 33
Federal-Amerlcan pfd. (6) 100 103
Lanston Monotype (8) 118 124
Merch. Tr. A Stor. (10) 109* 112
Merchants’ Tr. A Btg. pfd. (7) 100 104
Mertenthaler Linotype (7n)... 107* 108
Natl. Mtge. A Inv. pfd 48 52
Peoples Drug Btores pfd (6*). 108% 108*
Real Est. Mtge. A G pfd. (8).. 7 7*
Security Storage (4e) 113 115
Ter Ref. A Whs Corp. <5).... 48 52
The Carpel Corp. (1.50) 38* 30
Wash. Mech. Mtge. com (8).. 8* II
Wash Medical Bldg. Corp 90 100
Woodward A Lothrop pfd. (7).. 109 113
*Ex dividend. 53% extra.
B Books closed. y 2%% extra. v
n2sc extra. 53% extra.
f3oc extra. h4* extra.
ll* l * extra. 15% extra.
el** extra. wl—When issued.
Unlisted Department.
BONDS.
Army-Navy Club 5s *9O *?**?.’
Cosmos Club 4*s 80
Commercial Club Ist Ss 85
Metropolitan Club 4*s 83
STOCKS.
Anacostia Bank 825
Chapin Sacks 5
Chapln-Sacks 7"’» pfd 40
Chapln-Sacks 8* pfd 103 110
Connecticut Pie Co 100
Chr. Heurlch Brewery 25
District Title Insurance Co 40 _• ;
Franklin National Bank 165
Nor"heaatMßavines Bank,/. To "W*
Park Savings Bank 70 85
Raleigh Hotel Co 56 60
Washington Bavlngt Bank 12 IS
Washington Base® cfub 60 ‘76''
Woodrldge-Langdon Sav. Bank. 30
Brazil nuts gathered In Brazil this
season weighed more than 17,500 tons.

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