Evening star. [volume] (Washington, D.C.) 1854-1972, September 08, 1930, Image 15

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Evening star. [volume], September 08, 1930, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 08 Sept. 1930. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1930-09-08/ed-1/seq-15/>

Newspaper Page Text

CURB IMS GAIN
IN Bn DEMAND
Utilities Lead in Upturn.
Diamond Match'ls
Feature.
BY JOHN A. CRONE.
•peel*] Dispatch to The Star.
NEW YORK. September B.—Opening '
strong as a result of the ability of lead-;
lng shares to push through their highs !
6t July in Saturdays session, the Curb
Exchange today steadily advanced.
• Trading was more active than it has
been at any time since July 15 last.
' ? Public utilities gave the shorts some
,Uncomfortable moments as they led the
. upswing. Electric Bond & Share rose
more than a point, and was followed by
a wide list of power and light issues.
: Including Consolidated Oas of Baltimore,
which rushed to a new peak for the
year. Cities Service tfas firm, while the
motor shares turned active.
The new Diamond Match issues,
which resulted from recapitalization
plans providing for. a 9-for-l split-up
of outstanding common shares, proved
the individual feature of forenoon trad
ing. Each present common share re
ceives four new no par common and five
shares of 6 per cent cumulative partici
pating preferred of $25 par. The new
common opened at 27% and the pref
erred at 24* i.
Other new issues admitted to curb
trading today included American Pro
ducts Co. and Illinois Oil Co.
Ford Motor of Canada “A." in point
of appreciation, and Ford Motors Ltd.,
in point of volume, led the motor list.
The latter s English plants are being
equipped to turn out more motors than
the entire present output of that coun
try. so a price war there seems in
evitable. Earnings of Ford, Ltd., Justify
* a higher dividend rate, some traders
feel.
The betterment in demand for the
Ford shares attracted attention to the
motor list and benefitted Cord, Isotta
Fraschini and Durant. American Austin
for a time met liquidation of the same
character that caused its decline
Saturday.
Natural Gas shares became promt-'
' Bent early on reports of new wells or
expansions. Duquesne Gas, for in
stance, brought in a major new well,
bringing its total to 158. Memphis
Natural Gas added extensions to some
of its compressor stations and similar
developments were announced by sev
eral other concerns.
Mead-Johnson responded to its extra
dividend declaration of 50 cents, which
compares with an extra of 25 cents
three months ago. Novadel-Agene like
wise responded to an increase in the
dividend rate from $2 to $3 a year and
the declaration of an extra fit 25 cents.
Prudential Investors common respond
ed to an exchange offer whereby four
and one-half common shares may be
exchanged for one share of preferred,
the holders thereby receiving sl.33V!i
for each common share so exchanged.
Three of the higher-priced indus
trials stood out strong and active. Great
Atlantic A Pacific Tea was whirled on
reports that it plans taking over the
freezing food process of General Foods
Corporation. A. O. Smith Corporation
rose abbut 5 points and Deere & Co.
Was up more than half that amount as
shorts tried to cover.
Markets at a Glance
NEW YORK. September 8 (A 5 ).
Stock irregular: Aubum Auto soars on
aqueeze of shorts. Bonds firm; Argen
tines ease on light offerings. Curb firm;
numerous specialties show strength.
Foreign exchanges irregular; sterling
cgtrong. Cotton weak; bearish Govern
ment report. Sugar quiet and steady.
Coffee higher; trade buying.
CHICAGO, September 8 (IP). —Wheat
easy; increased visible supply and larg
er Russian offerings. Com easy; larg
er country offerings. Cattle steady.
Hogs steady to strong.
POTATO MARKET. .
CHICAGO, September 8 (IP) (U. S.
Department of Agriculture). Pota
toes—Receipts, 183 cars; on track, 269
ears; total U. S. shipments Saturday,
806 cars; Sunday, 43 cars; market
stronger, trading fair; Wisconsin, sacked
Irish Cobblers. 2.40a2.50; fancy higher;
Minnesota, sacked Irish Cobblers, 2.25a
3.35; sacked early Ohios, 2.20&2.25.
SILVER QUOTATIONS.
NEW YORK. September 8 OP).—Bar
•liver, 36%.
INVESTMENT TRUSTS
NEW YORK. September 8 (IP).—
Over-the-counter market:
Bid. Asked.
Am It Cont Corp IS 1 * 18%
Am A Gen Secur... 13 ....
Am & Gen becur B 3V« ....
Am A Gen Secur S'* Pf 44
Amer Brit A Cont pf #0 70
Amer Composite Tr Shr* 9>,i •*-*
Amer Founder* 9% 10%
Amer Founders S'* pf.. 43’* 49%
Amer Founders Irr1 r r pf 49'/« ....
Amer-Founders l-70th ctfs..,., 13c 15c
Amer Founder* eonv pf ctfs 90'*
• Amer Founder* war 5% ....
Amer Founrer* l-40c com 20c 23c
Amer Ins Stocks 13 18%
Am Util A Gen A 13 18
■-Ain Util A Gen Allot ctf 34'.* 36
Assoc Stand Oil Share* 9H 10%
Atl Sec pf 42*, 4tVs
Atl Sec w*r Vi
Atl A P*c com ; 2 4
.Atl A P*c Int Unit* 18 21
Atl A Pac pf war 14 18
Bankers Nat Inv 23 29
B*n*iciU« Corn 14 17
Beale Industry Shares 8% l’«
British Type Invest 9% 10’,*
Chain A Gen Equities 4
Chain A Gen Equit 4%% pf.... 60 87
Chain Store Invest 1 I
Chain Store Invest pf 85 ....
Chartered Invest 21 24
Chartered Invest pf 79 81
Chelsea Exchance A 4 8
Chelsea Exchange B 3 5
Corporate Trust Shares 7% •¥*
Crum A Poster Ins B 53 57
Crum A Foster Ins pf 101 103
Crum A Foster Inc B 53 67
Crum A Foster Inc t'e pf 104 ....
Deposited Bank Share Ser 10% 11%
Deposited Bank Share Ser B 9.. 9% 105*
Diversified Trustee Shares A.... 29 V* 24
Diversified Trust Shares 8.... 19% 20%
Diversified Trustee Shares C.... 8 8%
Federated Cap 10 12
Federated Cap pf*. IS'« 17%
First Amer Corp 9% 10%
Fixed Trust Share* A 19.
Fixed Trust Share* B 175* ....
Oeneral Equity A 5 7
Granger Trade 10
Guardian Invest 20 23
Guardian Invest pf 20 33
Guardian Invest wt 22 28
Quae Windmill Trad 35. 48
neorporated Equities 20% 24%
: neorporated Investors 51 53*,
Trust Shares SV* 854
nt Secur Corp Am A 40
nt Secur Corp Am B ... 10
nt Secur Corp Am tjrpt...... 89%
ft Secur Corp Am 4%*; pf... 92'* . ...
vestment Co of Am 27 30
vestment Co of Am pf 89 95 ,
vestment Trust Assoc 24 26
investment Trust Associates.... 16% •
nveatment Trust of N Y 10 11
nyestors Equities 2J*« 25%
. nvestora Trustee Shares 15>« 17%
Jackson A Curtis Invest Assoc.. 51*4 53*4
Jackson A Curti* See Corp pf. 99 10.1
Joint Investors 30 .....
Leaders of Industry 101* 11 ¥4
Major Shares Corp 7% 8
Mars Investors TPust 42 44%
I lawk Invest 59 61V4
;u»l Invest Trust A 8 9%
:u*l Manage 2 25,
lop Wide Eecur 85* 9%
A South Am Corp B 1 3
Am Trust Shares 7% ,„#%
them Becur 128 132
Colony Invest Trust 40 43
Colony Trust Assoc 10 12
Shares toe unite 445* 46Vi
roleum Trad A 30 25
Power A Light Sec Trust 52 54
‘ower A Rail Trustee Shr* .... 1354 1*54
' i ocur Corp sen pf 112 120
econd tot Secur Corp A 22
Second tot Secur Corp B 0
Second tot Secur Corp t'M Ist pf 44 .....
Selected Am Share* 77%
hawmut Bank 90 54 22
i pencer Trask Fund Inc 35 * 371,
tend Amer Trust Shares 9% **.4
Stand Oil Trust Shares 0 11
title Street Invert Corp 97 80
W Straus Invest unit*....... SO 54
!K: gggjjs «SSS 4::: ft £
I»nf CSli’BhlgM* : ft
Jyth Century Fixed Tr Share*...
financial.
V” ~—
I NEW YORK CURB MARKET mijars]
Note—All stocks ore sold In one hundred-share lots
exeeptling those designated by the letter s (80s) (2505)
which shows those stocks to bo sold In odd lota only.
*-Prev. IPSO.— Stock and Sale*—
High. Low. Dividend Rate. Add 00. Open. High. Low: Close.
84 18 Agfa Ansco 1 17 17 17 17
9% 3V4 Air Investors vtc.... 1 454 454 454 444
9% 4 Allegheny Gas 3 4V4 4<4 4H 4V*
7V» 3% Amer Austin Car.... 35 65* 65* 5% 65*
44 26 Am Bakeries (A) <2) 4 27 27 27 27
285* 12% Am C PAL B (10%). 8 151* 15% 15% 155*
28% 20% Am Com P A <hlO%) 17 20% 20% 20% 20%
37 175* Am Cynam B (1.60). 86 21V* 2154 20% 205* j
6 3 Am Dept Stores 2 4 4 4 4
22 12% Am Equities I 13% 13% 13% 1314
76% 38% Am For Pow (war).. 18 50% 50% 49 49 !
157 104 Am Gas &El (til... 19 132% 133 131 131 I
j 109% 104 Am Gas &El t>f (6).. 1 108% 108% 108% 108%;
i 16% 7% Am Invest Inc (B).. 10 85* 85* 8% 85*!
! 89% 52% Am Lt ATrac (2%). 4 62% 62% 62 62
4% 1% Am Marlcabo 3 2% 2% 2 2
J 19% 7% Am .Natural Gas 2 11% 11% 11% 11%
39% 20% Am Superpow (1)... 243 23% 24% 23'* 24
1 101% 945* Am Buperpwr lst(«) 1 101 101 101 101
15% 7% Am U A G B vtc 40c. 7 9 9% 8% 8%
7% 1% Am Yvette new wi... 2 2 2 2 2
145* 6 Anchor PF (bl 0%). 4 8% 9% 8% 9%
14% 8% Appalachian Gas.... 39 10% 11% 9% 11
23% 8 Arcturus Had Tube.. 2 9 9% 9 9%
16% 8% Arkansas Nat Gaa. .. 1 10 10 10 10
16% 8% Ark Nat Gas (A) 27 9% 9% 9% 9%
8 5% Asso Klee Ind (30c). 6 5% 5% 5% 5%
46% 30% Asso GAEA (at 2.40) 13 30% 30% 30% 30%
11% 3% Asso GAE (A) db rts 4 3% 354 3% 35*
147% 97 Asso GA El ctfs (8) .100 s 100% I#l 100 101
6% 2% Asso Rayon 3 3V4 3% 3% 3%
6054 38% Asso Rayon pf (6).. 4 51% 51% 50% 50%
14% *8 Atlas Util C0rp..... 6 ,85* 85* 8% 8%
5 2»* Atlas Utilities war.. 5 3% 3% 3% 3%
16% 2% Auto Mus Inst <A).. 2 2% 2% 2% 2%
17% 9% Auto Vot Mcv pf pt. 1 10% 10% 10% 10%
65 24% Aviation Cor of Am.. 2 48% 48% 48% 48%
7% 2% Bahia Corp 4 5 6 4% 4%
167% 146 Bell Tel of Can (8).. 60s 153% 153% 153% 153%
16% 6% Blue Ridge Cp (40c). 6 8 8 7% 7%
44% 33% Blue Ridge cv pf a3.. 7 3954 39% 39% 39%
56% 29% Brazil Tr ALt (h 2).. ’47 36% 36% 35% 36
26% 24% Buff N’AEPpf (1.60). 1 26% 26% 26% 26%
17% 8% Butler Bros (30c)... 1 95* 9% 9% 9%
9% 1% Cable Radio T vtc... 2 3V* 35* 3% 35* I
3% 5* Cable & Wire B rets. 6 1111
9% 3V4 Canada Marconi 13 4% 4% 4 4%
33 26% Carnation Co (ji%). 13 31 31% 31 31
8% 5 Carnegie Metals. ... 2 77 77
44 30 Carrier Eng nv A (1) 2 36 35 35 36
42% 25 Cent Pub Svc A a1.75 13 27% 27% 26% 27%
395* 19 Cent St El (k4oc) 17 24% 24% 23% 24
9% 454 Centrifug Pipe (60c) 12 814 8% 8 8%
8% 2% Chain Store Devel.., 1 5 5 5 6
25 . 17% Chat Ph A) nv (50c). 8 18% 19 1854 19
27% 17% Chem Nat Asso nv... 23 26% 27 26% 261*
17% 10% Chicago Corp (The). 6 12 12 12 12
44% 24% Cities Serv (gSOc)... 186 29% 29% 2916 2914
93% 88 Cities Serv pf (4)... 2 91% 91% 91% 91%
93 60% Clev El Ilium (1.60). 3 57 57% 57 67%
36% 11 Clev Tractor (1.60).. 1 14% 14% 14% 14%
21 65* ColOll A Gas vtc.... 2 65, 654 6% 6%
335% 234 Com Edison (8) 40s 293 293 293 293
6% o Com A Sou war 30 35* 3%, 3% 3%
19% 1114 Com W*tSv (b 6%). 7 13 13% 125* 13%
1 % Comstock Tunnel... 9 % % % %
f% % Consol Auto Merch.. 1 % % % %
8% 3% Consol Copper 8 3% 3% 3% 3%
19 12 Consol Dairy Pr (2). 1 13 13 13 13
136% 90% Cons Gas Balt (8.60). 9 11954 126 114% 11414
305* 21% Cons Gas Util A 2.20. 2 22 22 22 22
19% 13% Cont Chicago Corp.. 2 13 13 13 13
57 28 Cooper Bessemer (2 ) 2 3 8 38 365* 365*
17% 6 Cord Corp 66 8 8% 8 8%
275* 19% Corp Sec Ch (b 6%)., 1 2254 225* 225* 225*
20% 9 Corroon A Reynolds. 1 95* 9% 9% 95*
7454 29 Cosden Oil .'. 1 30% 30% 30% 30%
7% 6% Creole Petroleum... 75% 6% 6% 5%
34% 15 Crocker Wheeler.... 17 18% 195* 18% 18%
12% 9% CrCork Int A (1).... 1 10% 10% 10% 10%
365* 30 Crown Cork pf(2.70) 60s 35% 36% 36% 36%
1 A Cuban Cans pr opt w. 4 54 5* 5* %
11% 5% Curtiss Flying Sv... 1 5 5 5 5
454 1% Curtiss Wright war. 18 1% 1% 1% 1%
2 % Cusi Mex Mining.... 6 % % 4 44
22% 11 Davenport Hos (2).. 1 12% 12% 12% 12%
8% 2% Dayton Air A Eng... 3 4 4% 4 4%
162% 65% Deere ACo (m 1.20).. 3 80 80% 80 80%
8% 2% De Forest Radio.... 19 3% 3% 3% 3%
11 4% Derby Oil Refining.. 16% 6% 6% 6%
60 30 Derby Oil A Ref pf.. 26a 60 50 50 60
9% 3% Detroit Aircraft.. 4 3% 3% 3% 3%
24% 24V4 Diamond Match new. 116 245* 24% 241* 24%
27% 26% Diamond Mat pf (n). 81 27% 27% 26% 26%
23 8% Doehler Die Casting. 2 9% 9% 9% 9%
23% 12% Douglas Air (75c)... 4 19 19 19 19*
208% 51 Driver Harris new.. 1 66% 66% 66% . 66% I
66% 31 DreskS R (A) (3%). 5 46% 46% 46 *46
15 7 Duquesne Gss Cp wi. 15 105* 105* 10% 10%
7 25* Durant Motors 64444
44 18% East St Pow B (1)... 1 27% 27% 27% 27%
1854 7 East Util Inv (A)... 6 77% 77%
23 7% Eisler Elec (154).... 8 754 75* 7% 7%
117% 70% El Bond ASh (b 6)... 431 84% 86% 83% 83%
109% 103% El Bond ASh pf (6). 10 1 085* 108% 108% 108%
96 92V* El Bond AShcupf 6. 7 96% 96% 96% 96%
39% 19 Elec Pow Asso (1)... 7 25 26% 26 26%
37 16% Elec Pow Asso A (1) 6 22% 23V4 22% 23%
78% 28% El Pow ALt op war.. 1 505* 5054 50% 50%
32% 15% Elec Sharehold (fl). 3 19% 19% 19% 19%
8% 6 Empire Corporation. 16% 6% 6% 6%
98 86% Kmp GAF cu pf (7).. 1 91% 91% 91% 91%
25 16 Emp P Ser A tal.80) 2 17% 17% 165* 165*
20 2254 Employ Reins (1%). 1 25% 25% 25% 25%
2% % Engineers Gold 1 5* 5* 5* 54
23 12H- EuropE Ltd A (60c) 3 13 13 13 13
9 3% Europ Elec deb rts.. 14% 4% 4% 4%
6 1% Evans Wallow Lead. 4 2 2 2 2
9% 2 Fabrics Finishing... 2 3 8 2*4 2%
2% % Fandango Corp 2 % % % %
42% 16% Federal Screw (3)... 3 23% 25 23% 26
34% 135* Fokker Aircraft.... 4 18% 18% 18 18%
381, 28 Ford Mot Can A tl% 14 29% 30% 29% 30%
23% 10% Ford Mot Ltd 3 754 c. 22 22 22 21% 21%
175* 2% Fox Theater Cl (A).. 16 11 11 10% 10%
14% 6% Gen Alloys (80c).... 1 12% 125* 1254 12%
4% 2% General Baking 2 2% 2% 2% 2%
54% 27 Gen Baking pf (3)... 7 34% 36 34% 34%
325. 32% Gen El Ger rets 1.92. 1 32% 32% 32% 325*
14 105* Gen E Ltd ret (50c). 13 11% 11% 11% n%
375* 275* Gen Firepr (t 2%)... 1 29% 29% 29V* 29%
97% 74 Gen GAE cv pf B («) 100* 74% 74% 74% 74%
105* 8 Gen Laundry Mach.. 18% 314 3% 8%
21 12% Gilbert (AC) (1) 1 15 15 15 15
16% 9 Globa Underwriters. 8 10% 10%' iO% 10%
7 2*4 Golden Center 3 25* 2% 2% 2%
% % Goldfield C0n501..... 10 % % 5* %
465* 15% Goldman Sach TC .. 40 20% 20% 19% 20
6 1% Gold Seal Elec new.. 2 25* 2% 2% 2V*
39% 30 Gorham Inc pf (3).. 1 35 \36 35 35
260 180 GrA APTn-v (5).. 80s 211 215 211 215
122 115% GrA&PTpf (7)... 10a 118% 118% 118% 118%
6% 2% Guardian Invest 12% 2% 2% 25«
16614 115% Gulf Oil of Pa (154). 3 L 19% 11954 119 119
1% % Happiness Candy.... 3 1% 1% 1% 1% !
14 85* Hecla Mining (1).... 3 9% 10% 9% 10% 1
23 11 Heyden Chem (2)... 1 15 15 16 15 |
27*4 13 Houston Oil of Tex.7 21 18% 18% 1754 17% i
14% 7 Hudson Bay M A S.. 9 8 854 8 8%
119 78 Humble Oil (2) 16 9154 93 91*» 92
15 8% Hygrade Food Prod. 2 10 10 10 10
30 18% Imp Oil of Can (50c) 81 20*4 2154 2054 2154
29% 17 Ind Fin ctfs (bl 0%). 2 20% 20% 20% 20%
47% 2654 Ind Ter lliu Oil (A). 1 29 29 29 29
71 63% Insull Util inv tb9% 4 57% 57% 57% 57%
85% 611* Ins Co NAm <t3)... 2 61% 62% 61% 6254
23 11% Insurance Sec (1.40). 4 13% 13% 13% 13%
23% 10 Intercoast Trade (1) 1 14% 14% 14% 14%
1% 54 Intercontinent Pet n 1 5* *» 5* %
25% 19 lutercont Pow A <2). 1 19 19 19 19
24 17% Int Petroleum (1 ). .. 15 1954 1954 18% 18%
46% 30% Internet Super (fl). 2 37% 395* 37% 395,
1454 654 Interslate Equities.. 17 77 7
27 12 Irving Air Chute (1) 1 12% 12% 12% 12%
10 7 Isotta Fraschini 1.06 6 7% 7% 7% 7%
301* 18% Knott Corp (a2.40).. 3 24% 24% 24% 24%
43% 35% Lackawanna Sec (8). 1 38% 38% 38% 38%
36% 21% Lane Bryant (2) 1 24% 24% 24% 24%
4% 1% Leonard Oil 11% 1% 1% jy.
321* 20 Liberty Dairy Prod. 2 23 23 < 23 23
SHORT-TERM SECURITIES.
(Reported by J A W. Seligmau Sc Co.>
AUit-Chalmera Co. 5g 1937 102*' *?«>/«
American Tel. St Tel. »%« 1943 169*4 10$%
American Thread 8%« 1938... 100% 101
Baltimore 4- Ohio 4>/,» 1933 lfii 101%
Batavian Pet. Corp j'll 1942.. tj>i 95%
Bell Tel. of Canada 3s 1957 103 103 1 2
Calliorniii Pet. Corp. sVts 1938 103*'« 10214
. Canadian Nor Rwy. 4',« 1935. 100*4
Chicago Rock Island 4s 1934 9999*«
Chile Copper Co. 5a 1947. .... 97*4 97*4
Cudahy Packing Co. s',as 1937.. 961a 97%
Qen Mot. Accep. Corp. «n 1937. 103% 103%
•eneral Pet. Ccrp. 5a 1940. ... 102% 102%
Central Theater* Eq. 6s 1940 .. 95*4 96
Goodyear T. & R. 5a 1957 92*4 92
Grand Trunk of Canada 6s 1936 107 107%
Gulf Oil Os Pa 5a 1937 101*4 101%
Humble Oil s>4a 1932 102'/., 1021 j
Internat. Match Corp. 5a ,947. .001* 101
Marland Oil 5s 1932 100% 181
New York. Chi. A Bt. L 6a 1932 1021a *o2*c
Phillips Pet Co. 6*4s 1939 101 101 %
Pure Oil Corn. s!»a 1937...e... 100 100%
Shel* Union Oil Co. »a 1947 93% >5%
Sinclair Crude Oil Co. sta» 1938 102% 102 V,
Standard OP N. Jersey Sa 19467 104 104%
Standard OH N. York 4%a 1931. 100 100%
St. L„ Ir. Mt. Sc So. Ry. 5a 1931 101 101*4
St. L, Southwestern Ry. 4* 1932 100 100*«
Swift & Co. 5s 19*2 100% 101%
Union Oil Co. of Calif. 96 1935. 101% 101%
United Drue Co 3a 1933 99% 100
U. S Rubber 5a 1947 83 98%
Western Electric. Co. 5* 1944. 104% 105
Wheeling Steel Corp. 3e 1949.. 102% 103
Wheeling Steel Corp. 4%s 1933.... *2% 91
TREASURY CERTIFICATES.
(Reported by J St W. Sellgman A Co.)
Rate—Maturity. Bid. Offer,
jjjj gjpt. aim
THE EVENING STAR, WASHINGTON, D. C.* AY. SEPTEMBER 8. 1930.
rev. 1930. Stock and Sales—
High Low Dividend Rate. 1 Add 00. Open. High. Low. Close.
20% 3*4 Loevrs Inc war) 16 12% 12% 115* 11%
55% 34% Lone Star Gas n (1). 2 39 39% 39 39%
56 38 Long Island L <soc). 1 41% 41% 41% 41%
5 2 Louisiana Lan & Ex. 7 2 2 2 2
1454 13 MacMarr Stores (1), 2 14% 14% 14% 14%
% % Magdalena Synd. ... 1 A A A A
17% 5% Marion Steam Shov.. 1 5*4 654 55* 55*
10% 6% Mass Util Asso 17 77 7
354 1 Mavis Bottling 19 11% 1 IV4
90 55% Mead Johnson t 3 75. 18 86 86% Bf% 86%
, 22% 10% Memphis Nat Gas... 3 15% 15% 15% 15%
16% 8% Met A Min Inc <1.20) 2 11% 11% 115* 11%
] 30 4 Met Chain Stores.... 4 10 10 8 8
I 7% 2 Mexico Ohio Oil 12% 2% 2% 2%
I 11% 4% Mid St Pet vtc A. ... 1 6 6 6 6
6 2% Mid St Pet vtc 8..,, 2 2% 2% 2% 2%
29% 22 Mid W StUt (1%)... 3 23% 23% 23% 23%
38 25*4 Mid West Ut Ib8%). 24 29% 29% 29% 29%
16% 13% Midld Nat Gas A 1.20 3 15 15% 15 15%
36% 13 Mo Kan PI, tblo%)> 21 20% 20% 19% 20%
6 1 Mo Kan P L vtc. ~.. 17 1 IV4 1 . IV*
12% 8 Mount Prod <1.60). .. 4 9*4 95* 9% 9%
12% 6 Nat American C 0.... 16% 6% 6% 6%
21% 8% Nat Aviation ' n 9% 9% 9 9
41% 25% Nat Fuel Gas (1) 6 30% 30% 30% 30%
30 11 Nat Investors 31 13% 15% 13V, 13V*
16% 12 Natl S T Sec Assoc. 2 16% 16% 16% 16%
10% 3% Nat Union Radio.... 3 5V4 5% 5% 5%
26% 13 Neet Inc cv A (1.60). 3 17% 17% 17% 17%
2% 2% New Brad Oil (50c).. 8 2% 2% 2% 2%
95% 88% New Eng Pow pf (6). 20s 90% 90% 90% 90%
160% 141% New Eng TA T (8).. 50* 145 145 145 145
141% 79 Newmont Min <f4).. 4 87 87'% 87 87%
42 19% Newport Co (2) 5 22 23 22 23
114 105% N Y Pow &Lt pf (7). 50* 116 1175-4 116 117'/,
18 7 N Y Rio &%u Aires. . 1 8 8 8 8
117% 113% NYTelpf<6%) 1 115% 115% 115% 115'%
24% 15% Niag-Hud Pow <4oc) 44 16V* 16% 16% 16%
6% 4 Mag-Hud Pow A w.. 5 4% 4% 4% 4%
45% 25% Niles-Bem-P (t 2 sfc). 1 28% 28% # 28% 28%
1% 1 Nipissing (30c) 2 1% 1% IV* 1%
21% 7*4 Noma El Corp (80c). 4 8 8 8 8
44% 20% Noranda Mines (2).. 5 24% 24% 24 24
5 2 No Am Aviat A war. 4 2% 25* 2% 2%
24 13% Nor ASo Am Corp A. 3 14% 15% 14% 15%
4% 15* Nor Europ Oil Corp.. 2 1% 1% 1% 1%
54 35V, Nor PL (t 5 > 100 s 35 35 35 35
183% 130 Nor St Pow A (8)... 3 167 157 157 157
111 95% Nor St Pow pf (7 ). .. 20* 101 101 101 101
34% 22% Nojatlel Agene t2V4. 2 34% 36 34% 35
1% % Ohio Copper 10 % % % %
28 s * 26% Pac G&E Ist pf (1%) 7 28% 28% 28% 28%
39% 23% Pac Pub Sv (1.80)... 1 27 27 27 27
19% 12% Pac Western 0i1.... 1 16 16 16 16
2% % Pandem Oil 40 £ % %
4% 1% PantepecOil 8 2% 2% 2% 2%
13% 3% Paramount Cab Mfg. 3 3% 3% 3% 3'%
16% 10% Pennroad Corp (20c) 7 105* 10% 10% 10*4
111 108 Penn P&Ltpf (7).. 1 110% 110% 110% 110%
98 92% Penn Salt (6) 1 94 94 94 94
96% 70 Penn Wat A Pow (3) 2 73% 73% 73% 73%
46 25% Peop LAP A a2.40. .• 1 31% 31% 31% 31%
6% 2% Petrol Corp war 2’ 3 3 3 '3
22 11% Philippe (L) A fl. 80. 1 17% 17% 17% 17%
35% 20% Pie Bak of Am A (2). 2 30% 31% 30% 31%
IZ% 7% Pierce Gov (1 %).... 17% 7% 7% 7%
18% 6 Polymet Mfg (II)... 4 5% 5% 6 6%
15% 8% Prince & Whit (25c). 4 10% 10% 10% 10%
44 35 Prince A Whit pf (3) 1 37% 37% 37V* 37%
23 12% Prudential Invest... 58 17% 18% 17% 18%
27% 16 Pub Util Hold w w.. 69 16*« 17 155* 16%
9% 3% Pub Ut Hold (war).. 4 3% 3% 2% 3%
91 87 Puget Sd PAL pf (&). 10» 88 88 88 88
99 935-4 Pure Oil pf (8) 10s 95 95 95 95
27 6 Radio Products (2).. 15% 6% 6% 6%
14% 6 Rainbow Lum Pr A.. 7 12 12% 11** 12
7% 2% Rainbow Lum PrR.. 10 6% 5% 5V4 5%
53 50 Raymond Con pf (3). 1 50% 50% 50 50 \
16 7V4 Reliance Int (A).... 2 8% 8% 8 8
12 6 Rich Rad cum pf.... v 1 5 5 5 5
30% 26% Rike Kumbler (2.20). 2 30 30 30 38
29% 19% RockLt AP (900... 1 23 23 23 23
12% 8 Royal Cor pf (1.20).. 1 9 9 9 9
11% 654 Russek's sth Av 1.80. 3 9% 10 9% 10
147 109V4 Safety Car HAL (8). 26s 115 115 115 115
% it St Anthony G01d.... 2 it A L jl
34 18% St Regis Paper (1).. 10 22% 22% 22% 22V4
2% 1% Salt Creek Con (40c) 2 2 2' 2 2
17 14% S&xetCo 2 15% 16 15V4 16
4% 2% Schulte Un sc-$l St.. 2 2% 2% 2% 2%
10% 5% Seaboard Util (50c). 15% 5% 5% 6%
12% 5% Selected Industries., 2 6 6 6 6
84% 63% Set Ind allctfs(4%). 3 68 68 68 68
715* 64% Select Ind pr (5%).. 8 63 63% 63 63%
95* 2 Sentry Safety Cont.. 8 3% 3% 3 3%
20 8% Shenandoah Corp;... 4 9% 10% 9% 10
48% 33 Shenandoah Cp (at). 8 41% 4154 41% 41%
6% 3% Sing Mfg Ltd (23c).. 14% 4% 4% 4%
25% 16% Sisto Finance Corp.. 1 18V* 18% 16% 18%
260 137% Smith (AO) 12)..A 140 s 1f7% 191% 18714 190V*
17 8% Southland Roy (1).. 2 8% 8% 8% 8%
20% 7% S W Gas Utilities.... 1 n n n 11
2% % Spanish A Gen Reg.. 11l 11
82% 70% Stand Inv pf (5%5). 60s 75 75 75 75
8% % Standard MotorlT.... 76 3% 3% 3% 3%
59% 47% Stand Oil Ind (2%). 44 49% 49% 49% 49%
40% 30% Stand Oit Ky, (tl.80) 2 31% 31% 31% 31%
48% 44% Stand O Neb (t 3%).. 1 48 48 48 48
19% 10 Std Pub Svc A(bß%) 4 18% 18'4 17% 18
4r Stand Silver Lead..., 1 jji * A fl,
37% 14 StarrettCorp 12 19% 19% 19 19%
48% 30 Starrett Corp pf (3). 4 39 40V* 39 40%
22% 9% Strauss Roth 7 14% 14% 14% 14%
10 4% Sunray Oil (40c). ... 8 5% 5% 5% 5%
34% 28 Swift ACo new (2). 4 1 31 31 31 31
98 64% Tamp* Electric (12). 6 71 72 71 72
86% 24% Technicolor Inc 3 27% 27% 27% 27%
111% 106% Tenn El P Ist pf (7). 10s 109% 109V* 109',* 109%
18 8% Texon OilALand(t4) & 17% 18% 17% 18V*
87 65 Thermoid Co pf (7). 60s 73 73% 73 73%
63 44% Todd Shipysrd (4).. 1 61 51 51 51
10% 5% Tran Con Air Tran.. 6 85* 8% 8% 8%
13% 4% Trans Lux DL b S.. 11 11% 11% nv* 11%
9 4 Tri-Cont Corp (war) 1 s»* 55* 55* 55*
11 6% Triplex Safety Glass 1 7V* 7% 7% 71*
68% 36 Trl Utilities (11.20). 1 44 44 44 44
58% 45 Tri Utilities pf (3).. 2 45 45 45 45
225* 654 Tubize Chatel <8)... 3 7% 7% 7% 7%
16% 115* Twin St KG Apt (1). 7 125* 13 125* 13
36% 2154 Ungerleider F Corp.. 3 29% 29% 29% 29V4
35 25 Un NG of Can t 1.60. 129 V, 29'/, 29% 29%
30% 12% lltd Corp (war) 2 17% 17% 17% 17%
8% 4 L’td Dry Docks 3 5% 6V« 5% 5%
44 15% Utd Found b 2-35 sh. 81 17 17% 17 17%
285* 12 Utd Gas Co (new)... 234 15% 16 15% 16
11% 5 Utd Gas (war) 15 6% 6% 6% 6%
99 91% Utd Gas pf (7) 21 96 96% 96 96%
56 27% Utd Lt A Pow A (1). 47 41% 415* 41% 41%
119% 97% Utd Lt A Pow pf (6). 1 110 110 110 110
1 % Utd Ret Chem B ctfs. 3 % V 4 V 4 %
72% 52 V S Dairy (A) (6)... 2 65% 65% 65'% 65%
22% 10% U 8 Elec Pow ww,.. 15 13 13% 13 13%
30 10% U S Finishing 1 12 12 12 12
20% 11 U S Lines pf (1).... 5 11% 11% 11% 11%
23 13% US A Overseas war. 241 18% 21% 18% 2054
6% 3% U S Rubber Reclaim. 1 3 3 3 3
18% 6% US Shares Fin 14% 4% 4% 4%
16% 8% Utd Verde Ext (2)... 3 8% 8% 8% 8%
18 7% Utd Wall Paper 18% g% Bt* gt*
2354 9 Univ Pictures 1 18% 18% 18V* 18%
! 28 14% Util Fow ALt (a1,).. 8 18** 185* 18 185*.
685* 37 Util PAL B ctfs (al) 1 39% 39% 39% 39%
235* 12V4 Utility A Ind 11 13% 14% 13% 14%
29% 205* Util Alndpf (1%).. 2 23% 28*4 23% 23**
22 10% Utility Equities 6 12 12% 115* 115,
97% 76% Vacuum Oil (4) 12 78% 78*4 78% 78%
4% 2 Venezuela Petrol.... 4 2% 2% 2V* 2%
9% 6% Vic Finan Cor (40c). 17% 7% 7% 7%
21 15 Wattt A Bond A 2).. 1 16 16 16 16
135* 8 Walker (H)(1) 4 8% 814 8% 8%
6 1% Watson (J W) C 0... 12% 2% 2% 2%
126 90 Western Md pf 20s 101% 101% 101% 101%
16% 6 Wil-Low Cafeteria.. 5 6 6V» 6 6V*
21% 8% Zonlte Products (1). 11 10% 10% 10 10
h IGHTB. expire.
1% 1% Insull Util.. .Sept 15 4 1% 1% 154 154
M A Insull Uln pf.Sep 15 3 % 54 % %
4% 2% Ins Co of NA. .Oct 1 4 2% 2% 25* 2%
A % Zonite Prod. ..Oct 1 99 A A % V 4
Dividend rates in dollars based on last quarterly or aemi
anuai payment.
• Unit of trading lest than 100 shares. (Partly extra. {Plus
4% in stock, a Payable In cash or stock b Payable in stock,
e Adjustment dividend f Plus t% In stock a Plus t% in stock
h Plus 1% in stock 1 Pius 2% >n stock, k Plus 10% In stock m Plus
1% in stock n Plus t% in stock
NEW SECURITIES
NEW YORK, September 8 (IP). —New
securities offered today include:
City of Chicago, $23,735,000 tax war
rants priced to yield 5 per cent, by
syndicate headed by Halsey, Stuart Sc
Co.
State of Missouri, $5,000,000 5 per
cent bond priced at 101 *4 and Interest,
by syndicate headed by National City
Co.
City of Buffalo, N. Y„ $3,785,000 4
per cent bonds priced to yield 2.34 to
3.85 per cent, by Oeorge B. Gibbons Sc
Co., Roosevelt Si Son and Stone & Web
ster Sc Blodget.
Erie County, N. Y.. $3,611,000 4 per
cent bonds priced to yield. 3.85 per cent,
by syndicate headed by Bankers’ Co. of
New York.
■ West Chicago Park District, $2,000,000
4Vs per cent bonds priced to yield 3JO
to 4.05 per cent, by syndicate headed by
Continental Illinois Co.
money market.
NEW YORK, September 8 (IP).— Call
money steady, 2% per cent all day.
Time loans steady; 30 days, 2-2%: 60
days, 214-2%; 90 days. 2%-2%; 4
months, 2%-3; 5-6 months, 3 per cent.
1 2“?* commercial paper, 3-3%.
*
1 months, 2J4-2; 5-6 months, aft-aft.
FOREIGN EXCHANGES.
(Quotations furnished by W. B. Htbbs & Co.)
' Nominal told Selling checks
value. todar.
London, sound 14 8895 $4 86V«
Paris, franc 3 91 3 «c 3.93*«c
Brussels, belts 13.81 c 13.98 c
Berlin, mark 33.82 c 23 82V*c
Rome, lira 8.28 c 5 2311 c
Zurich, franc 19.3 c 19.40 c
Athens, drachma 1.3 c
Madrid, peseta 19.3 c
Vienna, schilling 14.07 c
Budapest, prngo 17.49 c
Prague, crown <nom.) 2.964 c 2 SBtfcc
Warsaw, zloty 11.22 c
Copenhagen, crown.. 26.8 c 26.76'ec
Oslo, crown 26.3 c 26.76 c
Stockholm, crown.. . 26.8 c ,26.88'.5c
METAL MARKET.
NEW YORK. September 8 (A 3).—Cop
per quiet; electrolytic spot and futures,
lO&all. Iron quiet; No. 2 f.o.b. East
ern Pennsylvania. 18.00al9.00; Buffalo,
16.00; Alabama, 11.50a14.00. Lead
steady; spot, New York, 5.50; East St.
Louis, 535. Tin steady; spot and
nearby, 29.80; future, 30.05. Zinc quiet;
East St. Louis, spot and future, 4.30a
4.35. Antimony, 8.00. Quicksilver,
118.00.
Employes of the Chrysler Corpora
tion now hive in effect life insurance
policies amounting to more than 809,-
000,000, according to the first annual
report of the Chrysler Industrial As
sociation for the year ended June I,
1910.
GRAIN TRADE TURNS
TO BULLISH VIEW
Short Sellers P-i Come Buyers
as Demand Develops in
Foreign Market.
Special Dispatch to The Star.
CHICAGO. September B.—Grain
traders virtually overnight experienced
i one of the most unexpected changes
j from depression to conservative bullish
! ness ever known when the wheat traders
woke up to the fact that Liverpool had
failed to follow the downward course in
Chicago on Friday at the end of a four
day break in wheat. It caused traders
all over the country to revise their ideas,
as they were confronted with factors
most important to producers, consumers,
railroads and business interests.
A supply and demand situation now
stands out in the way that was not
expected. It changed short sellers into
buyers, who covered their commitments
and took the constructive side of the
market. This position, it is said, should
it continue for a few days, is likely to
bring about considerably higher prices.
Extent of Advance.
In three days wheat has advanced
around 5 to 6 cents. A revolution in
Argentina, with the reports that the
grain exchanges there had been closed,
gave fresh impetus to the changed situ
ation in the United States. This re
versal is expected to be followed soon
by a movement of leading interests on
the Chicago Board of Trade to remove
all restrictions on trading as far as is
possible. This may result in changes
by the Grain Futures Administration
that will modify or eventually remove
the rules on reporting of trades with
virtual policing of operations by largest
operators and other features that, it
was said, have hampered speculative
operations
Instead of having about 26 different
grades and varieties of wheat deliver
able on future contracts here, it is said
that the rules will eventually be
changed, so that a buyer who wants
hard Winter or red Winter or Spring
wheat can get a.delivery of it. Re
moval or a change in the system of de
liveries of grain in cars on track at the
end of the month is cither to be done
away with or restricted. The original
purpose of the rule was to help out the
country shipper and not permit private
elevator operators to-take grain out of
their houses on the last few days of
the month and deliver it on track and
at the same time control its destina
tion.
Conferences have been held with
Board of Trade officials and Secretary
of Agriculture Hyde and others who be
lieve that the interests of all can be
improved and that the grain trade can
be brought back to the position it oc
cupied for years among the general
public as the leading speculative com
modity. The situation at present is
more favorable for a revival than in
any other year because of the close' ad
justment of supplies to requirements,
Feeding of Wheat.
Feeding of wheat is attracting more
attention in all parts of the country,
and whenever wheat is available in
quantities the feeding demand is said
to be increasing. Chicago wheat han
dlers are getting inquiries for feeding
wheat from all over the South and
East. Kansas City reports shipping
more wheat for feed than corn and that
demand for wheat is exceeding that of
corn, as prices of wheat there are 20
cents lower than of corn and wheat is
30 cents cheaper than barley. Through
out the Eastern States and all over the
country wheat is cheaper than corn.
Speculative trading in wheat at Chi
cago for the eight months this year, as
given by the Grain Fitture Administra
tion, aggregated 9.163,515,000 bushels,
compared with 10,183,385,000 last year.
Trading was heaviest in the first few
months, though exceeded in that period
in 1929. Corn sales were 2,548,715,000
bushels, compared with 3,603,574,000
bushels in the period last year: oats,
448,100,000, Compared with 551,310,000,
ahd rye, 416,893,000, against 333,357,000.
Total sales of all grain this year aggre
gated 12.578.222,000 bushels, compared
with 14,580,636,000 in 1929, a decrease
of 13.7 per cent.
The weeks aggregate trading does
not make a favorable comparison be
cause of the Labor day holiday, the
volume being materially under last
year’s. The open interest in wheat at
the close on Friday was 147,058,000
bushels, compared with 142,373,000 a
week before.
Price Ranges.
September wheat during the week
ranged from 81 to 86% cents, touching
the low point on Thursday and the
high on Saturday, with the close 85%
cents. December was down to 86%
cents and up to 93 cents, with the close
at 90 7 /, to 90% cents. May wheat brdee
from $1.02% to 93% cents, with fRe
finish at 97% to 97% cents.
Winnipeg December wheat closed at
88% cents, a loss of 1% for the week
and 2% under Chicago, while a year
ago it was at a premium.
Marketing of wheat at primary points
since July 1 this year aggregated 203,-
241,000 bushels, against 207,870,000 for
the same time last year.
Primary receipts last week were 17,-
937,000 bushels, previous week 13,038,-
000 and week last year 12,030,000
bushels. Shipments, respectively, were
10,981,000,6,984,000 and 9,041,000 bushels.
’ CHEMICALS ARE USED
TO PRESERVE LUMBER
By the Associated Press.
Elimination of approximately one
half of the annual loss of millions of
dollars caused by insects and decay of
wood used in home building and other
types cf construction is believed pos
sible by the Commerce Department
through the use of chemically preserved
lumber. , .
Insect attack and decay are held by
the Commerce Department to be the
two main causes of wood waste that is
preventable by preservative treatment
of lumber.
■«his information was announced by
the National Committee on Wood Utili
zation of the Commerce Department,
which at present is co-operating with
the Ohio Retail Lumber Dealers’ Asso
ciation and other lumber Interests ii\
acquainting the public with the advan
tages of chemically treated lumber.
Studies of losses due to insects and
decay show conclusively, the department
said, that it is economically possible to
avoid about 50 per cent of the annual
loss. While preservative treatment of
wood cannot be recommended for all
purposes, it was added, it is desirable
for many and will prevent to a great
extent the losses due to these insects
and decay,
NEW YORK BANK STOCKS
NEW YORK, September 8 Over
the counter market:
Trait Companies.
Bid. Asked.
Bankers 148 151
Cent Hanover 345 350
Chelsea Bk & Tr 33 36
Cham Bk A- Tr 66 to
Corn Exchance 1«1% 1*5%
County % 245 355
Guaranty 645 *46
Irving 51 53
Manufacturers 90 92
New York 251 256
United States 4000 4300
Westchester Title It Tr..?. 130 170
Bank Stoelp.
America 98% * 101%
Bank of U S Units *l% «%
Broadway Natl 95
Chase 14] 150
Chat Phenix 106 109
City 156 159
Fifth 3900 3100
SIMS "I::::::::::::: 88 118
ttasl&u::::::::::::::: I* 1*
Washington Produce
Butter—One-pound prints, 44a45;
tub, 42i/ 2 a43i/a.
Poultry, alive—Spring chickens, large,
28*30; medium, 24a25; small, 25*26;
Leghorns, 23*24; fowls, large. 23*24;
small and medium, 17al8; Leghorn
fowls, 14a15; roosters, 13a14; ducks, 15.
Home dressed—Spring chickens, large,
32a35; medium, 30a31; small, 28a30;
fowls, large, 26a28; small and medium,
24a25; Leghorn fowls, 18a20; roosters,
18a20: ducks, 20a22: turkeys. 33a35.
Meats, fresh killed—Beef, 19a20; veal,
j 18a22; lamb, 23a25; pork loins, 34;
fresh hams. 25. fresh shoulders. 22;
smoked hams. 28; smoked shoulders,
20; bacon, 28; lard, in bulk, 15; one
pound packages. 16.
Live stock —Calves. 6*10: lambs, 9.
Fruits —Watermelons, 40a75: canta
loupes. Rocky Fords, flats, I.ooa 1.25;
Hurlocks, Eastern Shore of Maryland,
large crates, 1.25*1.50; Persian melons.
1.50a2.50; honeydews, 1.25a2.00: honey
balls, 3.00a4.00: oranges, 6.00a8.50:
lemons, 6.00a6.50: limes, per 100. 1.50:
apples, nearby, 75,a1.50; box stock, 2.75a
3.00: peaches. Elbbrtas, 1.50a3.00; Hales,
3.50a4.50: plums. 1.50a2.50: damsons,
pony baskets, 1.25; grapes. Ribiers, 3.00;
Tokays, 2.50a2.75: Thompson, seedless,
,1.25; figs, 4.50a5.00: grapefruit, 6.50a
7.50; pears. 1.25a2.50. *
Vegetables—Potatoes, 8.50; sweet po
tatoes. 5.00; tomatoes, two-peck baskets,
1.00al.50; peas, 4.00a6.00: string beans,
2.00a2.75: lima beans. New Jersey, 5.00:
Eastern Shore of Maryland, 3.00a3.50;
carrots, per 100 bunches, 4.00; cut off.
per bushel basket, 1.25: com. per dozen,
30a40; eggplant. 75a1.00; turnips, 1.50a
2.00; beets, per 100 bunches, 4.00;
cucumbers, 1.50a2.00; cauliflower. 2.50a
3.00; squash, two-peck baskets, 75a1.00;
kale, 1.50; spinach, 1.75a2.25.
Eggs—Current receipts, 29a30; hen
nery, 32a33.
TJ. S. TREASURY BALANCE.
The United States Treasury balance
announced today as of close of business
September 5 was $73,125,335.44. Cus
toms receipts for the month, to date,
were $5,183,103.07. Total ordinary ex
penditures, $10,093,659.26.
BONDS ON THE CURB
MARKET.
Sales In DOMESTIC BONDS. ■
thousands. High. Low. Close.
4 Alabama Pow 5s ,’56 102A, 103% 1027;.
3 Alabama Pw 4’is ’67 98% 981 a 98%
27 Aluminum Co 6s ,52 104 104 104
2 Aluminum Ltd 6s 48 100% 100% 100%
14 Am cmwlh Pw 6s '4O 95% 95 95
25 Amer G A E 5s 28. 100% 100% 100%
1 Amer G 4 Pow 6s '39 93% 93% 93%
11 Amer P «L 6s 3016 108% 108 108^
1 Amer Rad 4%s 47.. 99% 99% 99%
12 Amer Roll Mill s*. 48 100% 100 100
13 Appalach Gas 6s 45 92% 91% 91%
33 Appalac Gas 6s B 45 111% 110% 111%
18 Appalach Pow 5s '56 101% 101 101%
8 Arkans P A L 5s )56 100% 100% 100 .
7 Armstrong Wk 5s 40 97% 97% 97%
16 Asso G& E 4%« C 49 78% 78% 78%
18 Asso Gas & E 4%s 153 89% 89% 89%
42 Asso Gas & El 5s 68 84% 84% 84%
29 Asso Gas A E 5%s 38 85 83% 84 <
11 Amo Cl A E s‘aS 77. 97 96*2 96 , a
*8 As Tel Util 6ttli *44 C 97% 91% 97%
1 Atlas Plywd 5%s 43 72 72 72
2 Beacon Oil 6s ’36 ww 103 103 103
5 Bell Tel Can 5s B ’57 104% 104% 104%
2 Bost A Me 6s m ’33 102% 102% 102%
14 Calif Packing 5s ’4O 102% 102 102
10 Cap Adm 5s ’53 xw 80% 80 80%
1 Carolina P A L 5s [56 103% }o3'4 103 .
23 Caterpillar Tr 5s 35 102% 102% 102%
6 Cent Stat Elec 5s 48 77% 77 Va 77\4
BCent St Elec 5%s ’54 81% 81 81
5 Chic Ry rod 5s 2027 79% 79% 79%
4 Cigar Btr Re 8* A 49 86% 86% 86%
738 Cities Service 5s ’SO 102% 102 102%
3 Cities Service 5s '66. 83% 63% 83 %
5 Clt Serv Gas 5%s ’42 84 % 84 84
32 Cit Serv Pow 5%s '52 91% 91% 91%
1 Cleve Elec lUu 7s *4l 107% 107’« 107%
6 Comwh Ed 4%s D 57 100% 100 a 100 «
7 Con Gas Balt 4%s H 102% 102 102
3 Con G Bal 5%s 1 '52 107% 107% )07%
3 Con* Textile li r M.. 55 65 65
28 Consum Pow 4%s 68 102 101% .02
14 Cont G A E 5s A 88 93 92% 92%
4 Continer. Oil 5%s ’37 97% 97% 97 »
igS«e r if IS
ssssa? s?k. #, is i % i ?»b
2 Det*C^Gas >1 5s *B**so?? 103% JOSJa lS|
11 Det C Gas 5s A ’47.. 106% 106% 106%
6 Det lilt Brdc 6%s ’52 43 42% 48
19 Det Inter Bldg 7s 52 20% 20 20
lODixOG «%s A ’37 ww 97% 9b% 97%
9 Duquesne Ga* 8s 45 92 91% 92
2 Edis El Host 5s A ’33 102% 102% 102%
9 Elec PAL 5e A 2030 93. 92% 93
2 Empire OAR 6%S ’42 81% 84 *. 84/«
3 Fairbanks Mor 5s ’43 97% 97% 97%
20 Federal Wat S7is 54 94 93 91
6 Firestone C M 5* 48 87% 87 87/a
1 Firestone Tire 5s ’42 91 % 91% 91%
21 Florida PA Lss 54. 88% 8874 88.*
15 Gatineau Pow 5s 56. 99% 99 99^.
5 Gatineau Pow B ’56. 98% gSV. 98 *
24 Gen Bronze 6s 40.. 91 90 90%
36 Georgia Power 5s ’B7 100% 100% 100%
1 Gulf Oil Pa 5s ’47.. 104 104 104
2 Gulf St Util 5s A '56100 100 100
2 Hanna 6s .... 100% 1007 V I*®%
5 Hoojl Rubber 7s 36.. 89 89 89
11 Hous OG 6%» 43 WW 97Va 97 97%
11 Houst Gulf G 6s A ’43 97 08% 97
24 Hudson 6s ...103% 103% 103%
32 Hygrade Fd 6s A '49 59 56 59
1 Illinois PAL 5%s 57 94% 94% .94%
5 Illln PAL 5%s B '54 102102% 102%
5 Indnap PAL 5s A ’57 101% 101% 101 Vs
4 Inland Util «s ’34.... 99 98% 99
25 Insull Utility 6s B '4O 103% 102% 102%
5 Inter Pw Sec 7s E [57 100 100 100
6 Intern Sec Am 5s 47 80% 80% BtH»
11 Intersta Power 5s ’57 91% .90% 90/j
1 Inves Co 5s A ’47 ww. 90% 90% 90%
43 Inves Co 5s A ’47 xw 81% 80 « 81%
85 la Neb LAP 5s 57... 96% 98Vs 96%
3 jsrs C PAL s'as A ’45 103% 101% 103%
6 Kelvinator 6s ’36 xw 91 90% 91
5 Koppers GAC 6s ’47.. 100% 100% 100%
1 Koppers GAC 5%s *0 103% 1037 s 103 %
1 Lehigh PS6s A 2026 106 106 108
4 Libby McNAL 5s ’42. 94% 94% 94%
9La PL 5S ’57 99% 99 Va 98%
1 McCord Rd 6s ’43 ww 73 73 73
42 Mass Qas 5s ’46 99% 9974 99%
6 Mas* Gas 5%s '46... 104 104 104
* 5 Mid West Util 5s ’32. 100% 100% 100%
1 Mid West Util 5s ’33. 99% 99% 99%
12 Mid West UtU ’34... 98% 98% 98%
11 Mid West Util 5s ’35 98% 9874 98%
25 Midland Nat 55...... 96% 96 98%
3 Minn PAL 4%s 78... 95% 95% 95%
- 4 Narragansett 5s ’57.. 101% 101% 101%
13 Nat FAL 6s A 2028... 108 107% 107%
1 Nat Food 6s A 72% 72% 72%
3 Nat PAL 5s B 2030... 84 94 94
31 Nat P 8 6s '7B 79 78 79
16 Neisner Bros 6s 48.. 88 87 88
5 Nstional Tea Ss '35.. 98% 98% 98%
3 Neb Pow «s A 2022 . 109% 109% 109%
8 New Eng GAE 6s ’47 91 90% 91
7N Y P A L 4%S ’67 96% 93% 93%
1 Nor Ind PBlsC '66 104% 104% 104%
1 Nor Tnd P 8 6s D ’66 103% 103% 103%
31 Ohio Pow 4%s D ’56. 98 97% 98
85 Ohio Ed 5s '6O 100% 100% 100%
3 Ohio Pow 5s B ’58... 103% 103% 103%
9 Okla 6s ‘SO 75 75 75
1 Osgood 6s ‘BB ww... 74% 74% 74%
1 Oswego Falls 6s '4l. 101% 101% 101%
J Pac O* E 4%s E '57 98% 97% 97%
llPicOtE 4%s F ’57 97% 97% 97%
34 Pac W O B%s '43 ww 96% 96% 96%
68 Pnc Pow & Ls* 99% 98% 98%
10 Pa Cen P&L 4%s '77 847-4 94% 94%
3 Penn Doc A W 6s ’49 95 95 96
20 Penn OEd 5%s B '59 102% 102 102
1 I enn O Ed 6s ’SO xw 104% 104% 104%
6 Penn P A L 5s D ’53 104% 104% 104%
5 Phila Elec 5%s ’72.. 106 106 106
6 Pitts Steel 6s ’4B ... 103 102% 102%
3 Potomac Ed 6s E '56. 101 101 101
. 6 Pow Co N Y 5%s '47 99 98% 98%
16 Pug SP A L 5%s ’49 104 103% 104
It Pug 8 P ft L (s C SO 99% 99% 997%
1 Qunsb Gas 514* A 52 104 104
12 Rod) Cen Pow 5s 53 76% 75% 75%
1 San Ant P 3 5s B ’SB 69 69 69
2 Scripps 5%s 43 93% 93% 93%
2 Shaw WAP 4%s A ’67 98 98 98
5 Sheffield Stl SV& Ifift
12 SE PAL 6s A 2025 xw 108 108J4 168 U
1 South Calif Ed 5s ’44 103 Va 103 Va 103%
6 South Calif Ed 5s ’sl 104% 104% 104%
5 8011th Calif Ed 5S ’52 104% 104% 104%
30 South Cal Gas 5s 37 95% 95% 95%
11 Southern N O Is ’44 95 94 95
7 South N G 6* 44 xw 82 80% 82,
7 South L &P 6s A ’57 97% 97% 97%
7 Southw Nat G 6s ’44. 90 % 90% 90%
2 So’thw PAL 6s A 2022 109 109 109
3 Staley Mf*6s ’42.... 98% 98% 98%
13 Stand GAE ’35*....« 102% 102% 102%
8 Stand GAE ’51.....'.. 102 102 103
2 Stand GAE 66 103% 103% 103%
2 Stand Inv 5%s ’39... 91 91 $1 v
18 Stand PAL 6s ’57.... 103% 101% 103%
9 Swift Co 5s ’4O 101 100% 101
1 Swift Co 5s '32 100% 100% 100%
10 Tex Electric 5s ’60... 98 % 98% 98%
6 Texas Gas Us 6s '48.. 98 95 95%
46 Texas FA Lss '58.. 101 100% 100%
2 Thermoid Co 6s '34.. 90% 90% 9074
14 Trl Util 5* ’79 82 81 % 82
48 Uni Lt ARy 5%s 'B2 93V/ 93% 93%
2 Uni Lt, A Ry 6s A ’52 102% 102% 102%
1U 8 Rad 5s A '38.... 82 82 82
BUS Rub B'is ’31.... 100 100 100
9 U S Rub 6%« ’34.... 94% 94% 9414
2 U S Rub 6%a '39 92 92 92
1 Union Gulf 5s ’SO ... 102 102 102
5 Valvoline Oil 6* '37... 102% 102% 102%
26 Wabash 5s D ’BO 102 101% 102 ,
1 Waldorf-Astor 7s ’54. 89% 89% 89%
1 Wash W A Po 5s ’6O. 104% 104% 104%
1 Webst Mill 6%a '33.. 96% 96% 96%
2 Wes Penn 5a 2030 wl 93 93 93
1 Wes Tex Ut 5s A ’75. 94 94 94
FOREIGN BONDS.
1 Agr Mtg Bank 7s ’46 86 % 86% 86%
5 Agr Mtg Bank 7s ’47 80 80 80
6 Buen Air Prov 7s ’52- 96% 95Ve 96%
ISBuen Air Pr 7%S ’47 98% 98 98%
99% Isa 99%
'iferav i io 8 ? ; ini%
1 Flnld R M Bk 6s *6l, 81% n% 81%
1 Ist Bo GW 7s 57 ww' 83 83 §5
1 Oer Con* Mun 6* « 85% .86% 85J4
2 Hamburg El »%• ’BB 87% 87% 87%
7 Hanover Pro «%* 49 91 91 91
2 Hanover City 7* 31. 99 98 98
2 Hanover Cred 6s ’3l 100% 100% 100%
3lt Sup Pw 8s A '63 xw 72% 73% 72%
5 Mendoza Pr 774* ’sl 857« 85% 8574
28 Nippon El P BVi* ’53 94 93'* 91
14 Parana Brasil 7s 'SB 8974 698974
5 Pow C Can 4%» '59 B 89 89 89
9 Prussia P S 6s 53.. 88% 88% 88%
IW—jW 1 tfl§Ul Wflf 1 iilSMb
wC-Wwn issued.
FINANCIAL.
GRAIN MARKET.
CHICAGO. September 8 (#V—Scat
tered selling by commission houses and
Chicago traders eased the wheat mar
ket down today to below Saturday’s
close after a firm start. Considerable
selling was by traders who chcse to
collect profits. Trade was not large
and the market was easily influenced
and nervous. The wheat visible sup
ply increased 3.583.000 bushels for the
week and is now 191.0tL000 bushels as
compared with 184,408b00 bushels a
year ago. Liverpool finished stronger,
but this had only a transient effect on
values here. The Grain Exchange at
Buenos Aires was closed because of a
holiday in Argentina.
Com appeared overbought after a
firm start-induced by a sensational crop
report by a Chicago crop expert which
predicted a total 1930 yield of only
1,750,000.000 bushels afld the upturn
was short-lived. Prices eased back to
below Saturday s finish. Wheat closed
approximately 1 cent off and corn
showed a loss of around Va cent a
bushel.
Wheat closed nervous and unsettled,
lVa-l'2 cents net lower than Satur
day's finish. Corn closed %-l% cents
down, oats cent off and provi
sions 10-23 cents lower.
WHEAT— High. Low. Close.
September 87 .83% .84
December >92-':. .89-Si 89%
March 96'* 93'* ,93'4
May 99 In 96V. .96%
CORN—
September .9B 1 .96% 97' 4
December 93", 91% .91%
March 95'4 .93'* .93 s *
May 97% .95*9 .95*.
OATS—
September .40% .39%
December 44 .43 .43
March 45% 45 .45
Mrye 47,2 A9V * ■ 463 *
December 64 61% .81'a
March 68 .65*4 .65*4
May ". 70*4 .GBV« 68'«
NEW YORK COTTON ‘
NEW YORK, Sspterifcer 8 (Special).
—Cotton prices declined about half a
ceflt today as a result of an extremely
small change in the Government Sepr
tember crop estimate when a substantial
reduction was generally expected.
Weight of contracts carried December
to 10.90, or within a point of previous
low levels of the season, while July
made a new low record of 11.51 before
scale buying orders for the trade de
veloped resistance. A recovery of 10
points toward the close left the list
about $2 a bale lower than Saturday.
Spots were reduced 40 points to 11.15.
Cotton range: <
Open. High. Low. . Close.
October, old 11.48 11.53 10.98 11.10
October, new 11.27 11.40 10.75 10.87
December, old .... 11.64 11.77 11.15 11.22
December, new ... 11.44 11.58 10.90 11.03
January, old .**• 11.74 11.90 11.26 11.37
January, new 11 54 11 64 11.00 11.12
March 11.62 11.76 1t.17 11.30
May 11 83 11.90 11.34 11.47
July ii.»« 12.07 n.»i 11.62
r (n 1 I -
Rail Stocks
i
BY GEORGE T. HUGHES.
(This is the thirty-ninth of a sseies of
brief analyses by Mr. Hughes cm mlroad
securities. The Intent Is not to recom
mend the purchase or sale of any par
ticular stock, but to give the investor
such information as may enable him In- •
telllgently to chart his own course.; j
Union Pacific.
Sometimes known as a railway
vestment trust because of its large hold
ings in the stock of other carriers.
Union Pacific commands an Investment
rating for all of its securities, bonds,
preferred stock and common stock. Ac
cording to the balance sheet as of De
cember 31 last security holdings hacfjß
book value of over $200,000,000, or over
S9O a share, on Union Pacific common.
The road owns approximately- one
third of the capital stock of Illinois
Central, almost $25,000,000 capital stock
of New York Central, over $6,000,000 in
Baltimore & Ohio common and over
$1,800,000 in Baltimore & Ohio prefer
red, over $4,400,000 ip Chicago &
Northwestern common and $1,845,000 of
St. Paul preferred, besides a large block
of St. Paul adjustment 5 per cent bonds
'and of the St. Paul mortgage ss.
It has often been rumored in the
market that the Union Pacific would
distribute to its share holders these
holdings in stocks of other railroads,
but there has never been any official
countenance given to this idea, nor is
there any.good reason to believe such
a plan lifts ever been seriously con
sidered by the directors. The income
from these Investments is estimated as
$4.86 a share on Union Pacific common,
or almost one-half the present $lO an
nual dividend.
.Last year earnings from all sources
were equivalent to $20.37 a share. This
year at the present rate net should run
'around sl7 a share, more or less de
pending on traffic conditions, which
cannot be accurately forecast now. In
any event the $lO dividend is entirely
secure, a fact which is reflected in the
market price of above S2OO a share,
making the investment return consider
ably less than 5 per cent.
Union Pacific has a preferred Issue
which meets the investment require
ments of the most conservative. It has
sold this year at a price to yield only
4.60 per cent, which is lower than the
return to be had on a good many high
grade bonds. Union Pacific’s bonds
themselves are investments of the high
est type.
CHICAGO DAIRY MARKET.
CHipAGO, September 8
alive, 7 cars, 10 trucks: steady; fowls,
22 , /fc; springs, 24: broilers, 21: roosters,
14; turkeys, 15al8; young and old ducks,
I 15al8; small, 14: young geese, 15.
- "■ '
(O G
Putting the Shaft
Before the Elevator
I *
WITHIN a round elevator shaft, a
square elevator moves sedately
up and down in the famous old
building of Cooper Union, engineering
and art school of New York city. In
1859 Peter Cooper, inventor and philan
thropist, built this structure—and years
before the invention of the elevator, he %
foresaw it coming and left a shaft for it
. . . round, for he believed the yet-to-be
born elevator would require a round *
shaft.
Peter Cooper would find many a man
after his own heart in Washington to
day—men who are building for the fu
ture, in finance as well as in engineering
. . . men who are choosing firm foun
dations for future incomes, building
steadily, with the aid of sound, non
fluctuating securities—securities such as
the 6% First Mortgage Notes sold
through the Swartzell, Rheem & Hensev
Company.
For more than 61 years these Notes have
built for thousands of investors a stead
ily growing fund for future independ
ence . . . and in that time no investor
has ever suffered a penny’s loss. They
can do the same for you. v
SWACTZEI L, •
Puffa* & Mensfv fr
MVtrWCt BA/StXtM
. V IXI IS STRUT H.W. /
\ WAItiINCTCNJ).C. /
A-15
CHICAGO STOCK MARKET
By the Associated Press.
CHICAGO, September B.—Following
is the complete official list of transac
tions in stocks on the Chicago Stock
Exchange today:
Sales. STOCKS. Hifh. Low. Close.
50 Acme Steel 53 53 53
250 AU-Amer Mohawk ... 1V« 1% 1%
50 Allied Mot Ind 10 10 10
400 Amer Equities 14 13*4 13%
25 Am Pub Util PI 100% 100% 100%
700 Amer Radio 1% 1% 1% .
400 Amer Service 9 9 9 V
100 Amer Util A Gen.... 9 9 9
50 Art Metal 11 11 11
45 Assoc TAT A 68 67 % 68
5500 Auburn Auto 134% 124 134%
50 Banco Kentucky .... 16% 16% ’6%
4500 Bendix Aviation .... 33% 33 33%
150 Btnks Mfg 18 17 18
3900 Borg Warner 30% 39% 39%
50 Borin Vivitone pf.... 5% 5% 5%
50 Brown P A W A 22% 23% 22%
100 Brown PAW 8..‘... 11% 11% 11%
B*o Burnham Trad 6% 5 6%
2200 Burnham Trad pf... 24% 20 24%
300 Butler Bros 10 9% 3%
62 Canal Construction... 8% 8 8
114 Cent XU Pub Ser pf. 94% 93% 94%
350 Cent 111 Sec 27% 27% 27%
75 Cent Pub. Berv Del... 30% 30% 30%
100 Cent Pub Serv A 27% 27% 27%
100 Cent A Co West 24 23% 24
100 Cent A So West pf.. 98 97% 98
50 Cent A S West pi pf. 104% 104% 104%
18500 Chic Corp 12% 11% 13
1700 Chic Corp pf 41% 40*. 41%
. 4600 Chic Investors 7% 6% 7%
1600 Chic Invest pf 37% 36% 37
15 Chi No Sh A Mil pi 65% 65% 65%
50 Chi Rys Ser 3 % % %
4450 Cities Service 39% 29% 29%
50 Coleman Lamp A S.. 22 20 20
175 Com with Edis 297 294 298
200 Consumers 5 4% 5
3350 Cont Chicago 14 . 13% 13%
1350 Cont Chic pf 43% 43% 43% L
6800 Cord Corp 9 8 9
850 Corp Sec 23% 23 23 %
ioi) Corp Sac ctf5......... 63% 62% 63%
100 Crane Co 41 41 41
47Crane pf 115% lU' - 115%
10 Curtis Linht 14% If; 14%
10 Diversified Inv 54 54 54 **
4900 Elec. Household 48% 46% 47%
100 Elec Research % % %
50 Emp G & P 6%% pf 86% 86% 86%
50 Emp G A P 7a pf... 91 91 91 .
50 Fabrics Finish 3% 3 3%
1450 Fitz Simmons A Con 44% 40 44%
150 Foote O A Mach 9 8% 9
10 Gen Cand Corp 5 5 5
fl? Sen SMs a:::: 35* 3•
50 Gleaner 27% 27% 37%
25 Goldblatt 18 18 18
2150 Gt. Lakes Aircraft... 5% 5 5%
500 Gt Lakes Dredge 29% 29 29
50 Greyhound 6% 6% 8%
5200 Grlgsby-Grunow .... 14% 14 14%
200 Hall Print 22% 22% 22%
150 Hart-Carter 16% 15% 16%
100 Hcrmel A Co 31 31 31
500 HoudnilloHcr A 19 17% 19
2150 Houdnille-Her B 9 8 9
100 111 Brick 20% 20% 20%
1100 Inland Util 22% 22 22%
6500 Insull Util 57% 57 57%
24’00 Insull com rts 1A 1% 1%
200 Insull U pf 2nd ser 93% 93 93%
5200 Insull 2nd pf rts.... % % %
1750 Iron Fireman 28 27 28
50 Invest Co of Am..., 38% 36% 36%
200 Kalamazoo Store.... 52% 52 52%
50 Kata Drug 28% 28% 28%
600 Kellogg Switch 6% 6% 8%
250 Ken-Rad T A L.... 6% 5% 8%
50 Keystone Steel I. 15 15 IS
2200 Libby-McNeilL 18% 18V* 16%
50 Lincoln Print 23% 23% 23%
100 Lincoln Print pf.... 47 46% 47
100 Lion Oil Ref 18% 18% 18%
, 250 Lynch Corp 21% 20 21%
12900 Majestic House tit.. 55 51% 52%
600 Manhat Dearborn ... 30 29 30
65 Marks Bros 9% 9% 9%
1800 Marshall Field .... 41% 41 41%
50 McGraw Elec 21 21 21
lOOMerch ft Mfrs A... 30 30 30
6600 Mid West Util 29% 29% 29%
500 Mid W Ut A war.. 3% 3% 3%
550 Mid WUt B war... L 4% 4% 4*2
500 Midland Nat Gas A 15% 15 15%
200 Midland United ... 26 25% 25%
i 300 Midland Unit pf... 44% 44 44%
50 Midland Unit war... 2 2 2
21 Mid Ut V* pi 97 J»b% 97
11 Mid Ut 7s pi...*.. 107% 107% 107%
50 Miss Val Util pf 96% 98% 96%
350 Mo-Kan Pipe 20% 30 20
50 Modine 50 49 50
40 Monroe Chem pf 23 23 23
450 Morgan Litho 14 13% 13%
200 Nat Eiec Pow A 28 28 26
i 350 Nat Leather 1% 1% 1%
i 100 Nat Secur Inv ctf... 88 88 88
I 250 Nat-Standard 31% 30% 30%
| 950 Nat Un Radio 5 4% 5
150 North Am Car 87% 36% 37%
150 Nor Am L ft Pow 65% 85 65
1100 No A So' Am 14% 13% 14%
100 Parker Pen 81% 31% 31%
65 Peabody Coal “8”... 8 6 6
550 Polymet 6 S% 8
1000 Process Corp 9% ■«% 9%
10 Public Serv 380 280 280
36 Pub Serv 6% pf.... 126 125% 126
150 QRS Music 13% 12% 13%
193 Quaker Oats 205 200200
V 16 Quaker pats pf 119 119 119
50 Rath Pack 21 Vi 21% 21%
50 Ryerson A Son 30% 30% 30%
900 Sangamo Elec 34% 33% 34%
450 Seaboard Util 6 5% 6
250 Bo Union Gas 33 23% 23
100 Stand Dredging .... 15 16 15
50 Stand Dredg pf .... 31% 21% 21%
100 Stand Pub Serv .... 18 18 18
100 Steinite Radio 1% 1% 1%
lOOStcne (H Oi At C 0... 3 2% 3
100 Sutherland Pap 11 11 11
; 1000 Swift At Co 31% 31 31%
! 200 Swift Inti 35 35 35
100 Time-O-Stat Cont 24 24 24
400 Transformer of Am... 18% 18 18%
> 450 Twin St Nat Gas.... 13% 12% 12%
250 U 8 Gyp5um........ 45% 45 45
3200 U S Radio At T<?*... 27% 25% 26%
550 Utah Radio 5% 5% 5%
300 Util Pow A L A 36 35% 36
300 Util PAL n-vot 18% 18% 18%
1150 Util At Ind 14% 13% 14
100 Util At Ind pf 23% 23% 23%
200 Vortex Cup 25% 25% 25%
400 Vortex Cup A 28 37 28
130 West PL & Tel 37% 26% 27%
100 wextark Radio 9% 9% i%
350 Zenith Radio 8% 8% 1%
Stock sales today, 221.400 shares.
BONDS.
23000 Insull 8s ’4O 103% 102% 103
1009 Cont Roll At Stl 6s ’4O 98% 98% 98%
12000 Northw El Ry 5s ’4l. 89,, 88, ,89
1000 Swift A CO 5s 44... 102% 102% 102%
Bond sales today. $47,000.
'—•
CHECK TOTAL DROPS.
By the Associated Press. ,
Checks drawn on individual ac- *
counts in principal money markets of
the United States dropped slightly last
week below the figure for the previous
week. The following totals were an
nounced by the Federal Reserve Board:
Week ended September 3, $9,777,147,000;
previous week, $9,788,634,000; same
week last year. $16,973,007,000.
'New Chrysler Division.
NEW YORK, September 8 (£"). —The
Chrysler Corporation has formed a new
division, the/’ Amplex Manufacturing
Co., to handle the sale of non-automo
tive products.
Two million dollars is to be spent in
improvements for London University,
Lohdon.

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Evening star. [volume], September 08, 1930, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972