Newspaper Page Text
A-14 BRIGHTER BUSINESS OUTLOOK IS SEEN Chicago Clothing Merchant Believes Buying Movement on Eve of Expansion. BY JOHN F. SINCLAIR. Special Dispatch to The Star. NEW YORK, September 18 —Salem ' N, Baskin, Chicago clothing merchant.! Just back from Europe, is hopeful of the t business outlook. “It seemingly takes a distant per apective of the United States to show one the uselessness and futility of eco nomic upheavals,” he said. “The de pression appears at a distance as the work of an economic hobgoblin who has kept a ghostly vigil on purse strings. Slowly the veil is being lifted, for buy ing goes only with belief, and belief, like truth crushed, is steadily rising and this time on a firmer foundation. "What we need, then, and what we are getting, is a public faith in com modities and in commodity prices that transcends periodical hysterias of pros perity and depression. Out of this wel ter of fear and uncertainty there is emerging a greater public confidence in commodities of standard and branded character, a faith purified and strength ened by the baptismal fire of trying times “The manufacturers who have main tained their standards and stabilized their prices have by now achieved an immunity that will eliminate fear, for one thing, as a contributing factor to conditions such as we have Just passed through.” Challenges Coolidge. Former President Coolidge’s recent statement that the nations composing the League “constantly think in terms of war." while the United States has become “a leader in limitation of arma ments.” has brought a challenge from Raymond B. Fosdick, Rockefeller Foun d*According to Dr. Fosdick. in 1913 the United States had a fleet of 843.000 ton*. Great Britain 2,222.000 tons and France 689.000 tons. But now the United States has 1.250,000 tons. Great Britain 1,275,000 tons, and France 587.000 tons. He attacks the Coolidge statement from another angle. For Navy arma ment the United States is spending 8375.000,000 now as against $137,000,000 in 1913. Great Britain is spending $335,000,000, as against $224,000,000 In 1913, and France $100,000,000, as against $124,000,000 in 1913. This shows, according to the New York educator, that the United States is spending 173 per cent more than in 1913, Great Britain 49 per cent more and France 19 per cent less. If other costs are added, including Army and air defense, the United States is now spending $850,000,000 an nually. Great Britain $615,000,000 and France $370,000,000. Dr. Fosdick admits the League of Nations has made little progress on disarmament, because, he says, the world is still governed “by its fear.” But the United States has made little progress, too. he contends. “And Mr. Coolidge is not helping the cause of peace when he preaches the doctrine of self-righteousness,” con cludes Dr. Fosdick. Urges Co-operation. Sir William Jowitt, attorney general of Great Britain, who has been attend ing the law conference in New York, pleads for closer co-operation between Great Britain and the United States. “I am convinced that the peace and the prosperity of the whole world de pend upon the English-speaking peo ple,” he said. “We seek no formal alliance or ex clusive compacts, but we desire and in tend to set such an example of friend ship and sympathy as shall prove a model to the world. “Your people need not fear that the present government in England is work ing for Red ruin and the breaking up of laws.’ We are working for a better regulated co-operation between old sec tions of our community. Peace and prosperity at home and abroad is the task to which Ramsay Macdonald and his colleagues have devoted them selves.” More than three-fourths of all of the trade of the world Is carried on in English-speaking countries. That in Itself is a powerful influence. It should make for world peace, providing both nations, the United States and the British Commonwealth, seriously at tempt to work together in the develop ment of world business. More has been done In this field in the last S years than in the preced ing 50. Factory Kitchens. Can any one reduce expenses by eat ing? In Italy a woman wage earner who can make her money go twice as far as her fellow workers receives double pay. Agusto Turati, secretary of the Fas cisti party, has a scheme of employing women based on this idea. Wages are low in Italy, for women especially. Tu rati doesn't mean to raise them. He’s going to try to make the lira go fur ther Kitchens are being installed by fac tory owners. Teachers of domestic sci ence are holding cooking classes for the woman workers, who are becoming adept in buying, cooking and serving food scientifically. The cooking school is open during working hours and women receive regular pay while at class. It is Turati’s contention that the ( modern generation, especially the busi ness woman, knows little about such things. If this idea takes hold he be lieves that the women will turn "thumbs down” on canned goods and do their marketing direct. Italy has a low standard of living, one of the lowest in Europe. From an American standpoint, Italians are very economical now. The women know how to prepare a nourishing and wholesome meal for very little expenditure. Turati’s idea looks like an excellent one for extravagant countries, but for Italy it seems far-fetohed. What rice is to China, spaghetti is to Italy. And each is cheap. (Copyright, 1938. by North American News paper Alliance.l WHOLESALE PRICES. fr the Associated Press. General prices continued last week ♦o show a slight downward trend, as ♦heir change was calculated by Census Bureau records. Figures which follow give the Index for the week and com parable periods, based on representing 1026 average wholesale selling prices as 100. In addition, selling prices for a ton of composite steel products at like periods is given: Commodities. Steel. Week ended September 13... 83 4 *22 52 Previous week 83 S 33 38 Same week laat rear 96 3 86.52 RAW SILK FUTURES. NEW YORK, September 18 (Special). —Despite some betterment in trade conditions raw silk futures today opened unchanged to 1 point lower in the active positions, with the September option at 2.60 to 2 69 against Wednes day's final of 2.67-2.70. The far east ern markets reported Yokohama 3 high er to one lower and Kobe 1 to 17 points off. One private estimate placed September silk consumption at 48,000 bales compared with 53,274 a year ago. BANK CLEARINGS. NEW YORK, September 18 (Special). —New York bank clearings today, 81.- 047,000,000; a year ago, $1,605,000,000. New York bank balances today, $170,- 000,000; a yesr ago, $225,000,000. New York Federal Reserve Bank credits to dav. $150,000,000; a year ago, $202,- 000.000. FINANCIAL. . NEW YORK STOCK EXCHANGE Received by Private Wire Direct U» The Star Office. (Continued From Pag* 13.) —Prey.l93o-, Stock and Sale*— Prrr. Hi»h. Low. Dividend Rate. Add 00. Hikh. Low. Close. Close. 15% 7% North Am Aviation.. 10 9% BX4 9 9 132% 87% Nor Am <blo%atk).. 17 105% 103% 103% 106 67 51 North Amer nf (3).,. 4 55% 55% 55% 55% 106 100% North Am Ed pf <6).. 1 104% 104% 104% 104% 97 66% Northern Pacific (i). 4 71% 71 71 71 32 30 Ohio Oil Co (2) 4 30% 30% 30% 30% 24% 9% Oil Well Supply. . . 7 23 22% 22% 22% j 109% 86 Oil Well Sup pf (7). ,510 s 107% 107% 107% 107% 34% 10% Oliver Farm Equip.. 4 11% 11 11 11% 90% 63% Ollv FEqpf A <«). .. 1 63% 63% 63% 64% 46% 16 Oliv Farm Eq cv pf,. 1 16% 16% 16% 17 80% 65 Otis Elev n <2% ) 11 69% 68% 68% 68% 60% 46% Owens 111 Glass (*).. 2 43% 43% 4314 43% , 19% 6% Pacific Coast 19% 9% 9% 10 j 74% 52% Pacific Gas AEI »2).. 14 60% 59 59 60% 107% 71% Pacific Lighting (3). 14 82% 80 80 80 23% 12% Packard Motor (1).. 72 13% 12% 12% 12% 67% 60% Pan-Am Petrol IB). 1 63 53 53 54 12% 4% Panhandle PA R. ... 1 5 6 5 5 77% 48% Param'nt Publix (4). 106 59% 58% 58% 58% 4% 1% Park Utah 3 2 1% 2 1% 26% 6 Parmelee Tran (60c) 4 8% 8% 8% 8% 9 2% Path# Exchange. 16 4% 4 4 4% 32% 16 Patino Mines 2 16 16 16 16 55% 26% Penlck & Ford (1)... 8 43% 42% 42% 43% 110% 107 Penick A Ford pf (7) 80# 110 110 110 109% 12 6% Penn Dixie Cement. . 3 6% 6% 6% 6% 86% 69% Penna RRI4I 12 74 73 73 73% 325 230 People # Gas Ch (8).. 1 260 260 260 274% 27% 17% Petrol Corp (1%) 6 17% 17% 17% 18 44% 29% Phelps Dodge (3).... 6 31 30% 31 30% 56% 50% PhllaCo 6% pf (3).. 2 56% 56% 56% 56% 26% 11% Phila Read CA I 86 18% la 18% 18% 44% 29% Phillips Petrol <n2)„ 34 32% 31% 32V* 32% 22 19 Pierce-Arrow (A).. 2 21% 21% 21% 20% 2% 1 Pierce Oil 6 1111 7% 2% Pierce Petroleum.... 4 4% 4% 4% 4% 103 93% Pitts Steel pf (7) 20a 98 97% 98 95 22% 20% Plttaton Co (75c).... 1 21 21 21 21 34% 20% PoorA Co (B) (2). .. 10 26% 26% 25% 25% 30% 21 PR Am Tob A(3 V 4). 2 23% 23% 23% 24% 27V* 8 PR Am Tob (B) 1 9 9 9 9 103 84 Postal Tel AC pf (7) S 6 84 83% 84 83% 16% 6% Pressed Steel Car .. 3 7% 77 7% 78% 52% Proct A Gamb (2.40). 4 73% 72% 72% 74 11% 6% Prod A Refiners 16% 6% 6% 7 40 30 Prod A Refiners pf.. 80s 31 31 31 31 123% 81% Pub Sv N J (3.40). ... 46 94 92% 92% 93% 98% 91% PubSvN Jpf (5)..., 3 97% 97% 97% 97% 116% 106% PubSvN Jpf (6)... 8 115% 115 115 116% 112 107V* Pub Sv EAG pf <«).. 1 110% 110% 110% 110% 89% 62 Pullman Corp (4).. .. 4 66% 66 66 66% 8% 1% Punta AlegreSugar.. 11% 1% 1% 1% 27V* 19% Pure 011 (1%) 12 19% 19% 19% 19% 88% 62 Purity Bakeries (4)„ 1 65% 64% 64% 66 69% 32% Radio Corp 220 39% 38% 38% 39% 60 19 Radio-Keith-Orph A. 258 34% 38% 33% 34% 77 70 RRSeclCstkC (4).620s 73 72 72 73 58% 28 Raybestos Man 2 60.. 10 30% 28% 29% 30% 64% 34% Real Silk (6) 89 47 42% 45% 44% 100 87% Real Silk Hot pf (7). 20s 91 91 91 91 46% 23 Rem Rand (1.50).... 10 29% 29 29% 29% 14% 8% Reo Motor Car (30c). 59 14 12% 13% 14 79% 32 Republic Steel (4)... 23 36% 36 36% 36% 95% 80 Republic Steel pf (6) 3 82 81% 81% 82 34% 23 Reynolds Metals (2). 4 23 22% 22% 23% 80 70 Reynolds Tob A (3). 10s 75 75 76 75 68% 45V* Reynolds Tob B (3).. 32 62% 61% 51% 62% 28% 14% Richfield 011 (2) 29 16% 15% 16% 16% 26% 15 Rio Grande 011 (2). . 128 15% 14 14% 15%' 66% 45% Royal Dutch a3.2165. 5 48% 48% 48% 48% 122% 57% Safeway Stores (5).. 6 72 70% 70% 73% 67% 33% St Joseph Lead <t3). 10 38% 38% 38% 38% 118% 85% St L-San Fran (8). .. 6 88 88 88 88 101 92 St L-San Fran pf («). 2 96% 95% 96% 95% 31% 16 Savage Arms (2).... 3 22 21% 21% 22 13% 4% Schulte Retail Strs.. 3 7% 7% 7% 7% 75 35 Schulte Retail pf (8) 80s 70 70 70 70% 12% 4% Seaboard Air Line. ... 2 4% 4% 4% 4% 100% 56 Sears Roebuck J 2%.. 24 70% 68% 69% 71% 3% 1% Seneca Copper 3 2% 2% 2% 2% 23 7 Second Natl Xnv..... 19% 9% 9% 9% 13% 6% Servel Inc 24 76% 6% 6% 32% 16% Sharon Stl Hoop ll).. 1 18% 18% 18% 18 27% 16V* Sharp & Dohme 25 21% 20% 21% 20% 63% 54 Sharp ADo pf (3%). 1 60 60 60 59V, 62 31% Shattuck F G (tl%). 14 37% 37% 37% 38% 25% 14 Shell Union Oil 3 14% 14V* 14V* 14% 106% 91 Shell Un Oil pf (5%). 2 91% 91% 91% 91 36 8% Shubert Theaters. ... 18 15% 15 15 16% 94% 21 Simmons Co 78 28 26 26% 28 37 18 Simms Petrol (1.60). 1 19% 19% 19V* 19% 32 20 Sinclair Con Oil (2).. 2 21% 20% 20% 21V* 112% 108 Sinclair Oil pf (8). .. 43 110% 110% 110% 110% 118 95% Solvay Am pf (5%).. 6 114% 114% 114% 116 | 30% 15 Sou P Rlc Sug (1.40). 6 16% 15% 15% 16% 72 62% Southern Cal Ed (2). 4 69% 68% 68% 59% j 127 108 Southern Pacific (6). 3 117 117 117 117%' 136% 76 Southern Rwy (8)... S 86 84% 84% 86 30% 13% Sparks Withlng (1).. 22 19% 18% 18% 20 36% 14% Spicer Mfg 1 18 17 18 18 29% 17 Stand Brands (1%).. 36 20% 20% 20% 20% 121% 117 Stand Brands pf (7). 62 121 121 121 121 7% 3% Stand Comm Tob. ... 2 4% 4% 4% 4% 129% 84% Stand GAE (3%)... 12 104 101% 101% 104V* I 67 61% Stand GAE pf (4)... 8 66% 66% 66% 66V* 114% 110% Stand G A El pf (7).. 1 113% 113% 113% 114% i 16% 6 Stand Invest Corp... 16% 6% 6% 6% 75 56% Stand Oof Cal (2%). 46 60% 60% 60% 60% ' 106 98 Stand Oil Exp pf (5). 2 104% 104 104 104% 84% 58 Stand Oil of N J <l2) 194 69% 68% 68% 69 40% 30 Stand Oil N Y (1.60). 16 30% 30% 304. 30% 47% 27% Starrett <LS) (t 2%) 16 38 32% 32% 38 48 86 SterlSeccv pf («)... 2 39% 39 39 39% I CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, September 18.—The following is a summary of important | corporation news prepared by the Standard Statistics Co. Inc., for the Associated Press. News Trend. General Motors sales, which have been on a down trend since April, showed a moderate advance over the preceding month. Domestic consumer sales for the month were 86,426 units, 7.9 per cent above July, but 43.1 per cent below year ago. Eight months sales were 28.2 per cent smaller than in same 1929 period. Sales to dealers were about 10,000 units smaller than consumer sales, indicating further re ! duction in new car stocks. For the eight months period, dealers deliveries exceeded consumer sales by about 2,000 i units whereas in the like 1929 period dealer deliveries were 87,294 above consumer sales. Further unfavorable dividend an- : nouncements are Included In the day's corporate news. American Pneumatic j Service and Baxter Laundries passed I preferred disbursements due at this time, while Hibbard, Spencer and Bartlett and L. C. Smith <St Corona j Typewriter reduced current quarterly payment*. The Kelly-Sprlngfield re ceivership action has been dismissed. The Companies. American Pneumatic Service passes 75 > cents quarterly second preferred divi dend currently due. Chicago & Alton Railroad Protective ■ Committee, currently formed for 4 per cent preferred stock. Brooklyn-Manhattan Transit reported compromise price for properties by city will be around $203,000,000. Dominion Stores, Ltd., sales five weeks to August 30 off 6 8 per cent. Federal Mining & Smelting net in come, before depreciation, depletion and taxes, nine months to July 31, was $926,527, against $2,168,773 year ago. General Motors August sales to deal ers. including Canadian and overseas, 85,610 units, against 79,976 in July and 168,185 year ago; seven months, 929,805, against 1,529,481. August sales to con sumers by dealers were 86,426. against 80,147 in July and 151,722 year ago; 8 months. 824.402, against 1,146,552. Grigsby Grunow Co. current output around 2,500 seta daily, about one-half that of year ago. Hibbard. Spencer * Bartlett reduce monthly dividend to 25 cents; paid 35 cents formerly. Public Service of New Jersey August surplus, after charges, off 9 per cent; 12 months to August 8.4 per cent above year ago. Kelly - Springfield Tire receivership suit dismissed by chancery court. Singer Mfg. earned $27.47 capital share in 1929, vs. $26.63 in 1928. L. C. Smith & Corona Typewriter re duces quarterly common dividend to 25 cents; paid 75 cents previously. A O. Spalding & Bros earned $3.57 common share in 9 months to July 31 United Gas natural gas sent out in year to June 30 exceeded 190,000,000,- 000 cubic feet. Willys-Overland Co. reported August sales 30 per cent above July. Westlnghouse Electric St Mfg. obtain* order for four generators from Nev THE EVENING STAR, WASHINGTON, D. C.. THURSDAY. SEPTEMBER 18, 1930. Prev 1930—, Stock end Sale*— J’ reT - High. Low Dividend Rate. Add 00. Hlth. Low. Close. Close. 47 19V4 St«wart- Warner (3) • 11 26 26 26 26 113% 70% Stone A Webster (4). 7 79% 78% 78% 80% 47% 25% Studebaker Corp (3). 28 31% 30% 31% 30% 1% % Submarine Boat 4 % % J* * 108 102% Sun Oil pf (6) 20* 107% 107% 10.% 107% 9% 2 Superior Oil * 2% 2% 2% 2% 45% 38 Superheater <t3%).. 1 < a 43 43 43 17% 7% Symington (A) 2 8% 8% 8% 8% 26% 15% Telautog C (t1.55).6 19% 19 19 19 17 10% TennCopACh (1)... 2 11% 11 H l]’* 60% 50% Texas Corp (3).. .. 10 51% 51% 51% 51*. 67% 48% Tex Gulf Sulph (4).. 15 58% 58% 58% 58 , 14V, 8% Texes PC A Oil 4 8% 32% 13% Texas Pac Land Tr.. 60 22% 21% 21% 22% 48 40 Thatcher pf (3.60). .. 1 44 44 44 44 26% 11 Thermold Co 6 12 11% 12 12% 21 19% Tide Wat Oil (80c). . 1 21% 21% 21% 25 , 94X4 83 Tide Wat Oil (pf (5). 2 90 89X4 90 90 , 39% 19% Thompson Pr (2.40).. 3 21 20 20 J * 18X, 9 Thompson Starrett.. 3 11 10% 10% 11, 17% 10% Tide Water As (60c) 19 12% 12% 12% 13 89% 78 Tide W’ater As pf (6) 1 81% 81% 81% 84 21% 12% Timken Def Ax (80c) 2 12% 12% 12% 12* 89% 55% Timken Roller (3). .. 2 68 67% 68 68 6% 2% Tobacco Products. .. 3 4% 414 4% 4 , 25% 19 Transamerica (1).,. 140 24% 23% 23% 21>* 28% 11% Tranaue AW (1) 1 14 14 14 14 20V* 9% Trl-Cont Corp 10 12% 12% 12% 13 22 10% Truax Traer (1.60).. 1 15% 15% 15% 15*4 24 21 Ulen ACo (1.60) ... 2 22% 22% 22% 23 . 138 83 TTnd-Ell-Fisoher (6). 2 92 92 92 93 , 106% 60% Union Carbide (2.60) 56 77 74% 75 (7% 50 37 Union Oil of Cal (J 2) 1 39% 39% 39% 40 242% 200 Union Pacific (10)... 4 217% 216% 216% 21. 38% 26% tin Tank Car (1.60).. I 26% 26% 26% 26% 99 43X4 Utd Aircraft 353 60% 58% 5814 61 77*4 56 Utd Aircraft pf (3).. 2 6414 64 64 65% 58% 36 Utd Biscuit (1 60)... 3 45% 45% 45X4 45% 84 40% Utd Carbon (2) 8 48% 48 48% 49% 8% 5% Utd Cigar Stores. ... 3 7% 77 7V* 52 28% Utd Corp (50c) 266 33% 32% 33% 33% 63% 46% Utd Corp pf (3) 7 51% 51% 51% 51% 105 83 Utd Fruit (4) 9 84% 84% 84V* 84 49% 31% Utd Gas Alm (1.20). 48 36% 36% 36% 36% 14 5 Utd Paperboard 3 5 5 5 5 14X4 4% Utd Stores (A) 6. 11 10% 10% 11% 50% 15% Utd Stores pf (2%).. 2 46% 46% 46% 46% 20% 9% U S Distributing 2 10 10 10 10 32% 15% USA For Secur 1 17% 17% 17% 17X4 101 85% US A For Sec pf (6). 2 92% 92% 92% 92 103 40% U S Freight (3) 1 44% 44% 44% 44% 16% 7% US Leather 3 9 8% 8% 9% 26 15 IT S Leather (A) 6 15 14X* 14% 15% 94 77% IT S Leath pr pf (7).. 4 78% 77% 77V* 79% 38% 18% U S Pipe A F (2). ... 16 34% 34 34 35 21 15% USP A F Ist (1.20)., 1 20 20 20 20 75% 41 US Realty (5) 6 44% 44 44% 45 35 18% US Rubber 9 18% 18% 18% 19 63% 36% U S Rubber Ist pf. ... 10 36% 36% 36% 37% 36% 17% U S Smelt A Ref (1). 5 20% 20% 20% 21 198% 151% US Steel (7) 586 169% 166% 166% 169% 149% 141 U S Steel pf (7) 15 149% 148% 149% 149 68 69% U S Tobacco (4)..... 8 63 61 61 63 9 2% Uni v Pipe A Rad 1 4 4 4 3X4 45% 30 Util Pow ALt A (e2) 87 38 86% 36% 36% 7% 1% Vadasco Sales Corp.. 3 2% 2 2 2% 143% 49X4 Vanadium Stl (t 4)... 822 87% 85% 85X4 86X4 8% 4 Va-CarChem 2 4 4 4 4 106% 101 Va El A Pow pf (6).. 10a 106% 106% 106% 106V4 156 60 Vulcan Det (4) 10a 81 81 81 82 67% 28 Wabash 1 32% 32% 32% 32 I 31% 24% Waldorf Systm (1%) 8 27V4 27 27% 26% 42% 20% Walworth Co (2).... 2 24% 24% 24V* 24% 54 21% Ward Baking (A)... 30* 33 33 33 35 16% 4% Ward Baking (8)... 10 9% 9% 9% 9% 80% 24% Warner Bros Piet... 276 29X4 29 29% 29% 27 11 Warner Quinlan.... 3 11 11 11 11 63% 40% Warren Bros (3) 2 49% 49% 49% 50% 56 60 War Bros cv pf (8).. 20s 64% 54% 54V, 54 29% 22% Wess Oil A Snow (2). 15 27% 26% 27% 26% 59% 50% Wees OASn pf (4). . 3 57% 57% 6714 57 110 99 West Penn El A (7). . 20s 107 107 107 108 104 97% West Penn El pf («). 10s 101% 101% 101% 101% 112% 105% West Penn El pf (7). 60s 112% 112 112V* 111% 118% 118% W’sst Penn Ppf (7). . 20s 116% 116 116% 116% 50 87% Western Dairy A <4). 2 34 34 34 38 24% 9 W’estern Dairy (B) .. 2 11 11 11 11% 36 18*4 Western Md 1 23% 23% 23% 23% 53% 38 Western Pacific pf... 2 39% 39% 39% 39% 219% 150% Western Union (*).. 1 170% 170% 170% 172 62 36% Westlngh’se A B (2). 9 40 39% 39% 39% 201% 124% W’esting EA M (5).. 276 149% 147% 147% 149% 197% 126 West EAM pf (5). . 100 s 150 V, 145 145 151 54X4 36% Wh Rock M S (t 4%). 8 47V* 47% 47X4 48 11 5% W’illys-Overland.... 8 6% 6% 6% 6% 13 7% Willson ACo (A) 18% 8% 8% 9% 72% 51% W’oolworth (2.40).... 25 65% 64% 65 66% ; 169 67% W’orthington Pump.. 26 124% 122 122% 127% j 81 67X4 Wrlgley (Wm) (4).. 11 75 73% 74% 74% \ 77 38 Yale A Town* (2)... 6 40 40 40 40 32% 12% Yellow Truck 19 21% 20V4 20% 21% 47 32% Youngs Spring (3).. 1 40 38% 39% 39 RIGHTS EXPIRE 1% % Mich Steel.. Sept 22 69 T 4 % % % Sales of Stocks on New York Exchange 10:30 A M 190.100 1* 00 Noon 662 600 1:30 F.M 890.800 2:10 P.M 943 100 Dividend rates as given In the above table sre the annual cash payments based on tbe latest quarterly or half yearly declara | tions. a Unit of trading less than 100 shares. tPartly extra. {Plat 4 I per cent In stock. {Payable in scrip. {Plus 9 per cent in stock I a Paid this year—no regular rate, b Payable In stock, d Payable ■ when earned, e Payable in cash or stock ( Plus 10 per cent In : stock, f Plus 4 per cent In stock, h Plus 3 per cent In stock I J Plus I per cent in stock, k Plus k per cent In stock, m Plus 1 j per cent In stock n Plus 9 per cent In stock, p Plus 50c cents in I preferred stock, r Subject to approval of stockholders. ' Committee Chairman 1 j JFfk FRANCIS L. THOMPSON Os Shelbyville, Ind., chairman of the j Executive Committee of the American Association of Personal Finance Com- j panics, which holds Its sixteenth annual convention in this city September 23 to 28. — | Kanawha Power, subsidiary Union Car bide St Carbon, involving $1,000,000. American Agricultural Chemical (Conn.) adopts capital readjustment plan calling for exchange of present shares for 317,875 no par shares Amer ican Agricultural Chemical (Del ), sub sidiary; 284,552 shares to be issued for present preferred on share-for-share basis, and 33,323 shares to present com mon on basis one-tenth new for each present; readjustment eliminates $39,- , 837,406 profit and loss deficit and ac cumulated preferred dividends over $16,- 000,000; properties would be transferred to Delaware company. Associated Gas St Electric System sales gas and electric appliances first ; seven months were $5,952,000, increase 50 per cent over year ago. Ceco Manufacturing passes 2 per cent quarterly stock dividend currently due. Cities Service August net Income available for reserves and common divi dends up 35 per cent; 12 months, 65 per cent above year ago. Continental Motors to make motors for Mathis cars. Ford Motor accounted for 41.6 per cent domestic new car registrations in flisl seven months. General Motors list prices new Cadil lac 12-cylinder line range $3,795-$4,895. Long Island Railroad earned $1.57 j on 1.099,827 shares in first half, against $2.75 on 799,882 shares year ago. Reynolds Spring had deficit $96,046 in first half, against profits $127,651, before taxes, year ago. Shubert Theater had deficit $1,231,- 108 in year to June 30, against profit $1,076,377 previous year. Telautograph Corp. earned $1.02 com mon share in first eight months, against 94 cents in 1929 period. Vender-Root, Inc., earned *1.70 com mon share In *4 weeks to June 21. CITIES SERVICE NET INCOME SETS RECORD Annual Return $57,110,650, Ac cording' to Company’i Report to Stockholders Special Dispatch to The Star. NEW YORK, September 18. —Cities Service Co ’s net earnings for the 12 months ended August 31, 1930. were $57,110,650, a new high record for any , 12 months in the history of the com pany, and an increase of $18,452,734, or 47.73 per cent, over net earnings for the year ended August 31, 1929. The com pany’s net earnings for August, 1930, were $4,652,088, an increase of 35.60 per cent over the same month last year. Net to stocks and reserves for August, 1930, were $3,636,092, an increase of 29.37 per cent over August, 1929. Net to common stock and reserves for Au gust. 1930, amounted to $3,022,629, an increase of 34.78 per cent over August, 1929 Net earnings of Cities Service Co. for the 12 months were 7.50 times Interest and discount on its debentures. Net to stocks and reserves amounted to $49,- 502,465, or 6.80 times preferred stock dividends. This compares with $32,- 382.399, or 4.77 times, for the year ended August 31, 1929. Net to common stock and reserves amounted to $42,231,929, or $1.46 per share on the average num ber of shares outstanding, an increase i of 64,94 per cent over the previous year, j when net to common stock and reserves amounted to $1.13 per share. | Net earnings for the first eight months |of 1930 compared with the first eight months of 1929 show an increase of over $13,500,000, while net to stocks and reserves have increased over $13,000,000. and net to common stock and reserves rose 72.55 per cent from $17,422,66 to $30,063,152 over the same period. i "" ■ - . Markets at a Glance NEW YORK. September 18 W).-- Stockfi weak; pivotal shares sold freely. Bonds irregular; stock privilege issues decline. Curb heavy; utilities sag in dull trading. Foreign exchanges irreg ular; German mark gains. Cotton barely steady; favorable weather. Sugar easy; trade selling. Coffee higher; steady Brazilian markets. CHICAGO. September 18 i/T).—Wheat easy; bearish foreign reports Corn easy; liquidation and favorable lowa advices. Cattle weak to lower. Hogs steady to higher. METAL MARKET. NEW YORK, September 18 (/P). — Copper quiet; electrolyctic spot and future, changed. Tin dull; spot and nearby, 29 80; future, 30.00. Lead steady; spot. New York. 5.50; East St Louis, 5.35. Zinc steadv: East St. Louis, spot and future, 4.25a4.30. Antimony, 7.75. INVESTMENT TRUSTS NEW YORK, September 18 (>!*). — Over-the-counter market: Bid. Asked Federated Cap {* 1] Incorporated Equities a " ' Independence Tr Shares • 'Mohawk Invest »® JJ * Shswmut Bank 19 31 Others unchanged. GERMAN BOND USE CONTINUES WEAK Domestic Group Firm and Volume of Trading Re mains Small. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, September 18. —Con- tinued weakness in German bonds was the feature today of investment dealings. Both the reparations 7s and the new 5%s were off fractionally under heavy ! selling, and a long list of German dollar obligations like German Central Bank I 6=, Berlin 6'is and United Steel Works 16 • 2 s were carried down with them. Domestic bonds were firm. Money rates were unchanged. Volume was about on a par with that of Wednesday. In view of the fact that the German government today abolished the 10 per cent coupon tax on German internal I bonds and stocks, the weakness in that I country's bond reflected a peculiar sit uation. While Germany’s dollar obliga tions are not directly affected by the tax, since it applies only to internal offerings, its abolition is a bullish point for German securities generally, as it manifests a return to a conservative economic regime, despite the wide dis appointment over the recent elections there. Vast amounts of German capital have been exported to Switzerland. Hol land, England and the United States to escape the 10 per cent coupon tax, and these should now start returning to Germany. This movement, however, will not be of immediate importance as the Bruen ing government in Germany is menaced by large Communist and other radical blocs, and Germans continue to view with skepticism the solidity of their own economic structure. Nevertheless, much of the liquidation of German dollar bonds today could be traced to German investors who, believing that the dropping of the coupon tax fore shadows a wide advance in German securities, have hastened to buy them at their current low levels. Other foreign obligations like Hun gary 7V 2 s, Batavia Petroleum 4’ a s, Denmark Serbian 7s and even some of the South American descrip tions, where large amounts of German capital have drifted, were off slightly under the same influence. French, Belgian and Japanese issues were strong. Domestic bonds of high grade were stronger. Canadian National ss, Pennsylvania 4' 2 s. Inland Steel 4*25. Stadard Oil of New York 4'/ 2 s. Standard Oil of New Jersey, Columbia Gas 5s and Utah Power & Light 5s advanced, some of them to new highs. Convertible bonds were comparatively inactive, though there were small gains in American International 5' 2 s, Com mercial Investment Trust 5' 2 s, South- j ern Pacific 4' /2 s and International Tele- ! phone 4* 2 s. Junior obligations of the railroads : were active. St. Paul ss. International Great Northern adjustments, Mlssouri- Kansas-Texas adjustments and Boston & Maine 5s went to new highs on the current movement, and there were small gains in a long list of similar bonds.. Industrials were led upward by Na tional Dairy Products s 'is, with a small gain in active trading. Cuban- American Sugar 8s advanced 1 1 2 points. Pan-American Petroleum 6s and Brook lyn-Manhattan Transit 6s were also higher. Hudson & Manhattan income ss, with a gain of nearly a point, fore shadowed an earnings report confi dently expected to show a substantial increase. There was a total of only a little more than 2,000,000 of new bonds, entirely municipal. Washington Stock Exchange SALES. Washington Gas 6s A —sloo at tOl I*. 1 *. Potomac Electric 5'4 % pfd—lo at 108' 2. 10 at 108'i. Lanston Monotype—lo at 115, 10 at 115, 10 at 115. AFTER CALL. Potomac Electric 6s 1953—51,000 at 109' 4. Columbia Sand & Gravel pfd.—l at 92. Notice. —This exchange adjourned out of respect to the memory of Mr. Albion K. Parris, who died today, September 18, 1930. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid. Asked Amer. Tel. & Telga. 4%s '33... 100% Ainer Tel. & Tel. 4%s 311 159 Am. Tel. & Tel. ctl. tr. 5s 105% Anaco.stia Ac Pot. R. R. 5s 82'.* Ana. & Pot. guar 5s 93 C. A P. Tel of Va 5s 103 ..... Capital Traction R. R. 5s 93% 94% City A Suburban 5s 81 82% Georgetown Gas Ist 5s 103 Potomac Electric ions. 57«.... 102% 103'. Potomac Elec. 8s 1953 108'a 109'a Wash.. Alex. & Mt. Ver. ctf... 6 .... Wash.. Baltimore & Annap. ss. 46 52 Washington Gas 5s 104 ..... , Wash. Gas 6s, series A 102% 103 Wash. Gas 6s. series B 106 106% Wash. Rwy. & Elec. 4s 89% 91 MISCELLANEOUS. ! Barber A Ross. Inc., 6%s 89 91 Chevy Chase Club fi%B 100 . •••• D. C. Paper Mfg, 6s 50 65 • W. M. Cold Storage 5s 95 . ... • Wash. Cons. Title 6s 89 100 STOCKS. r PUBLIC UTILITY. Amer. Tel. A Tel. <9> 215’. ..... Capital Traction Co. t4> *60% 61‘a Wash Gas Light Co (18) 122 131 1 N. A W Steamboat (121 225 250 Pot. Elec. Power 6'» Pfd 11l 112 Pot Eire Power s'-2*« Pfd lOS” 1 * 10d s « Wash Rwy A Elec, com (7>.. 500 600 ' Wash. Rwy. A El. pfd (51 98 98V, NATIONAL BANK. , Capital 4141 230 250 Columbia (12) 400 . . ... • Commercial (stumpel) (10).. . 225 235 District (8i 212 -30 Federal-Amerlcan (10> 291 325 ' Liberty (7#> 200 215 l Lincoln (12) 400 440 Metropolitan (14) 350 440 ’ Riggs (15» 490 125 > Second (9et 185 210 • Washington (13) 245 250 TRUST OOMPANY. ’ American Sec. A Tr. Co. (15).. 384 405 > Continental Trust (6) 120 140 Merchants' Bank A- Trust (6).. US 128 . National Sav A Trust (12t)... 545 600 * Prince Georges Bank A Trust. . 33 40 1 Union Trust (8g) 260 300 1 Wash. Loan A Trust (14). 480 510 I SAVINGS BANK. • Bank of Bethesda 'fill 59 65 5 Commerce A Savings (10). . 330 East Washington (12) 25 35 J Potomac Savings Bank (10>... . 65 >5 Security Sav A Com. (17).. .. 471 500 Seventh Street (12) 315 ..... United States (30) 530 630 Washington Mechanics' (20).... 50 60 FIRE INSURANCE. American <l2) 320 .. .. Corcoran (10 > 150 .... Firemen's 'B' 3233'•a National Union (15) 22 26 TITLE INSURANCE. Columbia (6h> 8 1 3 12 Real Estate t«h> 155 180 Title A Inv. Co Md com 20 30 MISCELLANEOUS. Barber A Ross. Inc., com 15 18 Chevy Chase Dairy nfd. (71 103 108 Col. Sand A Gravel pfd. (7) 91 95 Col Medical Bldg Cnrp 100 D. C Paper Mfg pfd 10 .... Dlst Natl. Sec. pfd. (7) 70 85 Emer. Bromo-Selz. "A" <2t *3O 32 Federal Storage pfd. )8' 110 125 Fed.-Am. Co com (1.20 f) 30-*i 33 Fed.-Am. Co. pfd. (6) 99 101 Lanstnn Monotype <B> 115 118'a Mer. Tr. A Stge. cnm. HO) 103 106 Mer. Tr A Stge. pfd (7) 95'' ? 100 Mergenthaler Linotype (7n).... *96’* 97'a Natl M'ge. A Inv. pfd 5 5*4 Peoples Drug Stores pfd. (8*4).. 102 102'a Real Est. M. A O pfd. (8) 6’ a 7 Security Storage (4e> 112 115 Ter. Kef. A Wh. Corp. (3) 47 51 The Carpel Corp. (1.50) 24 1 . 26 W. Mech Mtae. com (8) B'i Wash Med. Bldg. Corn 95 Woodward A Lothrop pfd (7).. 107 109 •Ex dividend. s2'4 extra. B Books closed. y2'j% extra. n2sr extra. k 3% extra. f3oc extra. h 4% extra. 51 r e extra. » 15% extra dEx rights. wl—When Issued. el'4% extra. ■ TREASURY CERTIFICATES. (Reported by J. A W. Sellgman Ac Co.) Rate—Maturity Bid Ofler 3Hs Dec. 15, 1930 100 11-32 100 13 32 2Ls June 15. 1931 100 16-32 100 18-32 2’.s Sept. 15. 1931 100 1-32 100 3-32 3'a* Mar 15. 1932 100 21-32 100 23-32 3'ja Sept 15. 1932 100 21-32 100 28-32 Stas Dec 15, 1932 100 29-32 100 31-32 ON NEW YORK BONDS STOCK EXCHANGE ] Received by Private Wire Direct to The Star Office UNITED STATES. (Bales are In 11,000.) Sales. High. Low. Clots. Lib 3%* 30 101 101 101 1 Mb Ist 4'is.. 76 102 7 1025 102 7 , I.lb 4th 4 Vis. 48 103 6 103 4 103 6 USl%i 2 106 11 1068 106 11 , US 45'44 51 108 13 108 8 108 8 US 4%5'52.. 4 112 25 112 25 112 25 , FOREIGN. Sales. High. Low. Close. Argentine 55’45. .. 4 89 89 89 Argentine s ’4s 62. 35 91'4 91 91 Argentine May'6l. 1 97 97 97 Argentine 6s Ju ’59. 2 96% 96% 96)4 Argentine 6s Oc's9 . 11 97** 96% 96 T 4 Argentine 6s A’s7. 2 97*. 97% 97% , Argentine 6.« B ’SB. 2 97% 97 97% , Australia 4’,45’56.. 19 79 78 78 Australia 55’55. ... 15 88% 87% 88% . , Australia 55’57.... 1 88 88 88 Austria 7s’4S 10 105 105 105 ■ Bk of Chile 6% s '6l 10 97% 97 97% i Batav ret 4’45'42. 7 95% 95% 95% Belgium 65'55 12 105% 105(4 105% Belgium 6(45'49... 26 109% 109% 109% Belgium 75'65 17 114% 114% 114% Belgium 75’56 9 110V4 110 110 Belgium Bs’4 l 1 108% 108% 108% Bolivar 7s'sß 5 67V* 67V* 67V* Bolivia 7s ctfs’69. . 19 66V4 65 65 Bolivia 8s 45 6 88 87% 88 Bordeaux 6s '34.... 24 105'4 105% 105% Brazil 6 >4s '26 2 73% 73% 73% Brazil 6’4a’27 16 73% 72% 73% Brazil 7s 5 85% 85% 85% Brazil Bs'4l 12 96% 96 96Vi Bremen 75’35 24 102% 10114 101% Canada 55’52 1 105% 105% 105% Chile 6s’6o 25 90% 89% 90% Chile sis fit 2 89% 89% 89% Chile 75’42 5 101% 101% 101% Colombia 6s Jan’6l 12 71% 71V4 71% Con Pow Japan 7s. . 4 101 100% 101 Copenhag 4 %s's 3. . 9 94% 94 94 Copenhag 55'62.... 6 100% 100% 100% Czecho 8 s ’sl 2 110% 110% 110% Denmark 4 % 5'62.. 5 94% 94% 94% Denmark 6%5'55. . "1 101% 101% 1(41% Denmark 6s '42... . 11 106 105% 106 Dutch East I 65’47. 1 102% 102% 102% Dutch East I6s '62. 5 102% 102% 102% El Salvador Bs’4B. . 1 109% 109% 1091* Flat 7s ex war '46. . 1 89% 89% 89% Finland 5145’58... 7 86 85% 85% Finland 7s ’6O 72 100 99% 100 Fram I D 714*’42.. 1 108% 108% 108% French 75’49 10 120% 120% 120% French Gvt 7145'41 24 125% 125% 125% Gelsenklr Min 65’34 15 94% 93% 93% German 5145'65. .. 242 84% 84% 84% German Bank 6s'3B 12 89 87% 88 German 614 s’so. ... 3 91 91 91 German 7s rep '49. 22 106 105% 105% Greek 6s *63 14 87% 87% 87V* Hungary 7%5’44. . 51 100 99 99 Irish Free St ss’6o. 3 100% 100 100% Italy 7s ’sl 20 98% 98 98% Italy Tub Sv 75’52. 10 96% 95% 96% Japanese 45'31.... 8 97% 97% 97% Japanese 6145'65. . 22 93% 93% 93% Japanese 6 %s’s 4.. 28 105% 105% 105% Jugosl Bank 75’57. 10 85 85 85 Karstadt 6s ’43. ... 1 74% 74% 74% Kreug & Toll 5s ’69. 9 98 97% 97% Lyons 65'34 11 105% 105% 105% Marseille 6s 34 10 105% 105% 105% | Mex 4sasstd 1904. . 7 15% 16% 15% 1 Milan 6%s '62 4 88% 88% 88% j New So Wales’s7 .. 38 85% 84% 84% New So Wains 'SB. . 10 85% 84% 84% Norway 55'63 26 100% 100% 100% Norway 5%s '65. .. 1 102% 102% 102% Norway fis’43 8 105% 104% 105 Norway 65’44 22 105 104% 104% Norway 6s 52..... 1 103 103 103 Orient dev 5%s ’SB. 1 92% 92% 92% Orient dev 65'53 ... 24 99% 99% >9% Parls-Ly M sis 'SB . . 8 104% 104% 104% Paris-Ly M7s 'SB. . 5 105% 105% 105% Paris-Or-5 %s ’6* . . 3 103 103 103 Peru 6s *6O 6 68% 68% 68% Peru #s’6l 1 68% 67% 67% Peru 75’59 1 91% 91% 91% Poland 6s’4o 3 73 72 72 Poland 75’47 67 85 84 85 D olandßs’so 7 92% 92% 92% Porto Alegre Bs’6l. 2 89% 89 89 Prague 7 %s’s 2 3 105 105 105 Queenland 65’47... 3 100% 100% 100% Rhine West 6s 'fir. 3 88% 87% 88% Rhine West fis's3. . 11 88% 88% 88% Rio de Jan Bs'46. .. 3 94 94 94 RGr De Sul 6s’6B. . 9 61 60% 60% RGr De SulSs'46. . 4 94% 94 94% Rome 6%s ’52 15 89% 89 89% Roy D4s ’46 ww... 29 90% 90% 90% Sao Paulo 85’35.... 3 92% 92% 92% Sao Paulo Bs’so . ... 9 90 89 89 Saxon 75’45 6 97 96% 96% Seine 75’42 9 108% 108 108% Serbs-Cr SI 75’62.. 5 85 84% 85 Serbs-Cr-Sl 8s ’62. . 46 96% 96% 96% Swede* 5%s '54 7 105% 105% 105% Swiss 5%s '46 1 105% 105'* 105% Swiss Confed 8s '4O 1 106% 106% 106% Toho El Pow sis ’32. 26 100% 100% 100% Toho El Pow 75’65. 2 100% 100% 100% Toklo 5s ’62 1 81% 81% 81% Tokio 5% s ‘6l 18 92% 92% 92% Utd King 5V s *37.. 16 105% 105% 105% Uruguay sis *6O 1 94 94 94 Uruguay Bs’46 10 105% 105 105 Vienna 65’52 5 87% 87% 87% MISCELLANEOUS. Abltlbl P& P 55’53 11 87% 87% 87% Ab &St 5%5’43 ... . 1 101% 101% 101% Adams Exp 4s '43. . 10 91% 91% 91% Ajax Rubber Bs. ... 2 48% 48% 48% Allegheny 55’44. .. 10 100 100 100 Alleghany 55’49. .. 10 99% 99% 99% Am Ag Ch 7'zis ’4l. 2 104% 104% 104% Am Chain 6s ’33. ... 7 102*, 102% 102% Am F P 6%s 2030. . 23 89% 89% 89% Am IG Ch s',is '49. 8 107% 107% 107% Am lnt Cor 5 %s’49 1 100 99% 99% Am Metal 6%a '34., 49 97% 97% 97% Am N Gas 6%5’42 . 1 78 78 78 Am SAR Ist 65‘47. . 2 102% 102% 102% Am Sug Ref 65'37. . 7 103% 103% 103% Am T&T cv 4 %s'39. 50 160% 160 160% Am TAT 5s ’65 40 107% 107 107 V, Am TAT ctr 6s 46. 15 106 105% 106 Am TAT 5s s f '60.. 27 107 106% 107 Am TAT 5%5’43... 13 109 108% 108% Am W Wks 65'34.. 31 102% 101% 101% Arm *Co4%s '3 9 18 93% 93 93 Arm Del 5%s *43... 8 82% 82 82 Asso Oil 6s '35 t 1 103 Vi 103% 103% At Ref deb 65’37... 2 103 103 103 Bell Tel Pa 5s B’4B. 38 107% 107% 107% Bell Tel Pa 6s C'6o. 14 111% 110% 111% Beth St p m Ss’36. . 1 102% 102% 102% Beth Sr rs 55’42 1 103% 103% 103% Bush T Bldg fis’6o. 1 104% 104% 104% Cert-td deb 6%5’48 22 46 45% 45% Chile Cop db fis’47. 11 96% 96% 96% Colon 011 6s’3B 2 66 66 66 Col GAE sis May ’52 32 103 102% 102% Com Invest 5%5'49 41 96% 96% 96% Com Invest 6s’4B 12 100% 100% 100% CC Aid Ist rs 5s 'SO. 5 47% 47% 47% Con GNY S% s ’45 . 11 106% 106% 106% CAm Sug col Bs'3l. 1 96% 96% 96% Det Ed rs 6s B ’4O. . 2 107 107 107 Dodge Br col 40... 36 94% 94% 94% Donner St 75'42 .. . . 3 104 103% 104 Duquesne 4%s '67. . 6 103 103 103 Fisk Rub Bs'4l. ... 10 74 73 73 Gen Cable 5%5'47. . 8 97 96% 97 Gen Motors sis ’37. . 22 104 103% 104 Gen St Cas 6 Vis’49. 1 103% 103% 103% Gen Thea Eq 6s’4o. 30 94% 93% 94% Good Ist 6%s 47. .. 12 105*,' 105% 105% Goody'r Rub sis 67. 48 92% 92 92 Hum OAR 6V4a ’62. 56 102", 102% 102% 111 B T Ist pf sis A. . 3 105% 105% 105% Inland Steel 4 %s'7B 91 98% 98 98% lnt Cement fis'4B 23 101% 101% 101% lnt Hydro El 6s ’44. 7 101 100% 101 lnt Match 5s 47... 15 101 100% 101 In M M col tr 6s 41. 10 101% 101% 101% lnt Pap 6s 55 .... 5 85% 85% 86% lnt TA-T 4% s ’52 . . 19 90 89% 89% lnt T&T cv 4%s 39 25 105% 105% 105% lnt T& T 55'55. .. . 15 96% 96% 96% 1 Kan C PAL 6s A '62 6 105% 105% 105% Kan Gas&E 4%s 80 12 96% 95% 95% ) Lackaw St 5s 50. .. 2 103% 103% 103% ' Lac GStL6s34 ... 3 103% 103% 103% Laclede 5%s C '53 . . 2 104 104 104 Laclede sVis D 60. 11 104% 104 104% Lautaro Nit sis '54. . 86 77% 76% 77% Mg A Myers ss'6l. 6 106 106 10l> Mg A Myers 7s '44. 6 122% 122% 122% Loew s 6s ex war. .. 2 100% 100% 100% Lorillard 65'61.... 5 91 90% 90'% Lori Hard 5%s '37.. 2 96% 96% 9fi% Lorillard 75'44 1 111% 111% Ul% Lou G& El sis 52. .. 2 106 105 105 McCormack 6s '34. . 4 102 102 102 Mid St A O 5s '36 . .. 2 102% 102% 102% Nat Dairy 5 Vis 48. . 108 100", 100% 100% NY Ed Is' 6%s ‘4l . 3 114% 114% 114% NY ELH&P 5s 48.. 3 109 108% 108% ] NY Tel 4 Vis'39 3 102% 102'/* 102% NY Tel 6s'4l. 6 107'* 107 107 2 Nor Am Ed 5s 57. . 10 104'* 104% 104% l Nor Am Ed 6%•'63 6 104 104 104 Sales. Hluh. i-ow. Cloee. Nor OTiLSs *47. 2 107*4. 107% 107% Nor St Pow 5s A 41 1 103% 103% 103% Nor St Pow 6s B '4l 3 106 106 106 PacGA El 55'42... 10 103% 103% 103% Pan-Am Pet 65'34. 14 104% 104% 104% i Paramount 65'47. . 2 100H'l006i 100** Peoples Gas 5s 2 105 105 105 Phila Co 55'67 24 102'. 102 102% Phlla A Head 65’49. 13 100% 100% 100% Phil Pet 5%s "39 .. 51 97% 97 97 Pos Te! &C 5s - 53 . . 35 93% 92% 92% Pub Sv G 4%5’70. . 6 102% 102% 102% Rem Arms 6s A'37. 6 96% 96% 96% Rem R d 5%s A-47. 5 100 99% 100 I Rlchfi'd O cal 65'44 20 87 86 87 I Bind O 674 s B ’3B. . 6 104 103% 103% Sincl O7s cv A'37. . 3 104% 104% 104% Sincl Or O 5%s 33. 6 102% 102% 102%, Sinclair P % 55'42. . 25 102% 102% 102% ■ Solvav Am 5s 42. .. 12 99% 99% 99% St Oil N .1 55'46 37 104% 104% 104% St OH N Y 4%s '6l. 19 109 99% 100 Tenn Cop 6s 8'44.. 1 101% 101% 101% Tenn El P6s A '47.. 10 107% 107% 107'-* Tex Corp cv 5s '4 4 84 103 102% 102%, Trans Oil 6 74*'38.. 22 109% 109% 109% irtd Drug cv 55'53. 26 100% 100 100 TJ S Rublst 65'47. . 9 83 83 83 Utah P A Lss '44 . . 6 102% 102 102 Util Pow 5 %s'47 ... 12 91% 90% 91 Walworth 6s A *45.. 1 88'* 88% 88% Warn Hr Pic 65'39. 8 89% 89% 89% Warner Sug 7s '4l . 1 104 104 104 West K1 deb 55’44.. 7 105 104% 104% West tin T 6%s ’36. 14 110 109% 109% Wh Sew Mch 6s *4 0. 1 41 41 41 Wick Spen cv 75’35 1 18 18 18 Wil-Ov Ist 6%5’33. 7 101% 101% 101% Wll & Co Ist 6s'4l. 2 101% 101% 101% Win R A 7%s ’4l. .. 3 103 103 103 You St &T 5s '7B .. 28 104% 104% 104% RAILROAD. Ann Arbor 45'52. .. 1 BS% 85% 85% Atchison 45'55 1 93% 93% 93% Atchison gen 45'95. 35 97% 97% 97% Atchison cv 4%5'48 4 130% 130 130% Atch Arix 4%s 62. . 1 102% 102% 102% At & Danv 4s 48. . . 4 59 59 59 AtCL col 4s '52 20 93% 92% 93% AtCL4%s'64 6 102% 102% 102% BAO 4s’4B 6 96% 96% 96% R & Ocv 4%s '33. .. 1 101% 101% 101% RAO 4 745'60 37 101% 101 101% B & O ref 5s '95 25 104% 104% 104% R & O 5s D 2000. ... 32 104% 104% 104% R&O 6s '95 5 110% 110% 110% RAO PAWV 4s‘4l. 6 96% 96% 96% RA O Swn dv 5s '6O 1 105 105 105 RA O Toledo 4s'so. 2 89% 89% 89% Ran A Aroos 4s'sl. 2 92% 92 92% Bos AMe 5s 1955. . 106 103 101% 102 Bos AMe 55'67. ... 7 103 103 103 Bklyn Elev 6 74*. ... 1 88 88 88 Bklyn Man 65'68... 69 100% 100% 100% Bklyn Un El 6s '6O. . 5 104% 104% 104% Bklyn Un Ist ss'so. 5 93 93 93 BR A Pitt 4 74"'57. 10 96% 95% 95% Bush Ter con 55’55. 2 101 101 101 Can Nat 4%5’54... 1 100 100 100 Can Nat 4%s '57. ... 1 99% 99% 99% Can Nat 4%s '6B. 2 99% 99% 99% Can Nat 4 74*'70 . 10 105% 105% 105% Can Nat 5s July’69. 6 105% 105% 105>? Can Nat 5a Oct'69.. 1 105% 105% 105% Can Nor 4%5'35. .. 1 101% 101% 101% Can Nor 6%s db'46 14 118% 118 118 Can South 65'62. .. 3 108 108 108 Can Pacific db 4s. .. 13 89% 89 89 Can Pacific 4%s '6O 13 99% 99 99% Can Pacific 55'54. .. 4 1037 s 103% 103% Car Clin A 0.55'38.. 1 102% 102V* 102% Cent of Ga 5s C's 9. 3 102 102 102 Cent Pacific 45'49. . 6 96% 96% 96% Cent Pacific Ss 60.. 58 105% 105% 105% Cen Ry NJ gn ss'B7 11 114% 114% 114% Ches Corp 55'47 63 100% 100% 100% Ch AO 4 Vj.s A '93. . 2 100% 100% 100% Chi A Alt 3s 1 74% 74% 741,* CBAQ4%s'77 1 102% 102% 102% CBAQ 11 dv 3%s ’49 1 90 90 90 C BAQ 111 dv 45’49. 1 97 97 97 Ch Gr West 4s '59.. 9 74% 74% 74% ! Ch MASt P4s 89.. 10 87 87 87 Ch MASt P 4*»s'B9. 33 100% 100% 100% Ch MStPA Pss 75 48 88% 88% 88% Ch MASt P adj ss. 103 54 63% 54 Ch A NW 4%s 2037. 31 100 99% 100 Ch ANW con 4 445. 42 100% 100% 100% Ch RIA Prs 4s'3*. 21 99% 99% 99% Ch Rlcv4 74 s '60.. 189 99% 98% 99 Ch R IAP4%sA.. 18 97% 97V* 97% Ch THASE in 5s '6O 6 95 93 95 Ch Un Sta 4%s '63. . 2 102% 102% 102% Ch Un Sta 5s B '63 . . 1 105% 105% 105% COCAStL 4%« t El. 22 101% 101 101 Clev Term 4%s '77. 2 103 103 103 Clev Term 5%s '72. 30 109% 109% 109% Colo A Sou 4 Vis '35. 3 101% 101 101% Colo Sou 4 745'80. .. 14 99% 99 99% Con Ry 474 sst ’sl. . 10 100 99% 99% Cuba R R 55'52. ... 2 70 69% 70 Cuba Nor 674 s 42.. 10 50% 50% 50% Del A Hud rs 45'43 36 96% 96 96% Del A Hud cv 55'35. 1 101 101 101 DARGr gn 45'36. . 5 9774 97 97% Den AR G W 55'65. 12 96 95% 95% DRGAW st 5s '7B. 2 927* 92% 92% Det Utd 4 74a'32 1 98% 98% 98% Du SShA At 55'37. 3 76 76 76 Erie Ist con 45'96.. 13 89% 88% 89% Erie con 4s A '53... 10 87 87 87 Erie gen 4s 18 847* 83% 84% Erie 5s 1967 16 95% 94% 94% Erie 5s 1975 19 94% 947* 94% Erie Pa clt tr 4s 51. 2 101 101 101 Ela E Coast 55'74.. 2 4574 45% 45% OrTrsfdb6s36.. 8 106% 106% 106% Gr Trunk 7s'4o 2 112% 112% 112% Gr Nor 4 745'76 CD) 5 100% 100% 100% Gr Nor 4%5'77 (E) 6 99% 99% 99% Gr Nor gen 75'36 .. . 19 112 111% 112 Gulf Mobile 55'60.. 10 100% 100% 100*4 Hav El Ry 5 7*8'61. 5 47 47 47 Hock Val 4 74» ’99. . 1 101%, 101% 101% Hud A M ad.i 65’57. 61 85% 85 85 Hud AMrf 5s '57.. 46 101 100% 100% Illinois Cent 4s *sl. 3 98% 98% 98% ill Cent 4s '63. . .. 9 90% 90% 90% 111 Cent ref 45'55.. 2 93% 93% 9.1*, It! Cent 6 745'36 3 109% 109% 109% 111 CCStEAN 4745. . 3 99% 997, 99% 111 CCStEAN $s A.. 5 107 10574 106V* Int Rap T-55'66 .. 66 74% 73% 74 Int Rap Tr sta'66.. 90 74% 73% 7474 Int Rap Tr 65’32. .. 5 59% 59% 59% lut Rap Tr 7s 32... 23 94 93% 94" tilt AGNad 6s '52. 1 88 88 88 Int Rys CA 5s '72.. 1 72 72 72 Kan CFt SAM 4s ’36 9 97% 97% 971., Kan City Sou 6s'so. 1 103 103 103 * Kan City Ter 4s '6O. 8 94% 94% 94% Lake Shore 4s '3l. . 1 100% 100% 100% Leh Val cv 4s 2003 . 50 92% 91% 92% Leh Vcv4 74 s 2003. 3 101 100% 101 Eeh Val 5s 2000 1 110% 110% 110% l.ong Isl db 5s 37.. 3 101 101 101 LA N Ist rs 5745. .. 1 106 106 106 Manh Ry Ist 4s'9o. 25 54% 54% 54% Man Ry 2d 4s 2013. 1 46 46 46 Mil E Ry A I. 6s'6l. 2 10374 10314 103% M StPASSM con 4s. 21 92 91 9lu M StPASSM ssgtd. 5 98% 98% 98% M StPASSM 6745. . 2 101% 101% 101% MKAT 4s B 62. . . 10 90 90 90 MK A T adj 5s 67 . . 8 101 101 lid M K A T pr In 6s A. 6 104% 104% 104% Mo Pac gen 45'75. . 31 81% 81% 81% Mo Pacific 6s A '65 . 2 103 103 103 Mo Pacific 6s F '77 . 13 102% 102% 102% Mo Pacific 5s G *7B. 7 102% 102 102 Mo Pacific 5s H 'BO. 10 10274 101% 101% Mo Pac 5%s cv'49. 11 109 108% 108% Mob AOh 4 74s '77.. 10 9574 95 95% 1 Mont Tr Ist 5s 41.. 3 100% 100% 100% Nassau Elec 4s 'sl. 19 57 56% 56% NATAMSsB'S4. 19 100 100 100 NOTAM 574 s '54. 6 103% 10344 103% NYCg n 3 % e '97. .. 2 85% 85 85% N Y Cent 4s 42. .. . 1 96% 96% 96% N Y Cen 4 s'9* 14 95 95 95 N Y Cent db 45'34 . . 6 100% 100 100% N Y Cent 4 74s 2013. 2 102% 102% 102% NYCre 1m 5s 2013 9 108% 108% 1087* N Y Cent db 65'35 . 2 107 107 107 NY CASH, db 4s '3l 3 100% 100% 100% NY CASt L 6 74* A. 1 107% 107% 107% NYCAStE 574 S B. 2 108 108 108 NY NHAH 4 74*'67. 2 967* 96% 96% NY NHAH cv db 6s. 1 124 124 124 NY WAR 4 74s ’46. . 39 91% #174 91% Nor AWncv 4s 96. 8 96% 96% 96% I Nor Pacific 3s 2047. 6 70 69% 70 , Nor Pacific 45'97. . 52 9574 94% 9574 Nor Pac 474 s 2047. . 1 101% 101% 1017*. Nor Pac rt 6s 2047. 48 114 113% 114 Oreg-Wash 4s '6l .. 4 94% 94% 94% Penna 4s‘4B Sta. .. 5 97V4» 97V* 97% Penn c v 4 74 5 '60 . .. 1 101% 104% 104% Penn gen 474 5'65.. 49 102% 1027* 102% Penn 4745’70 17 98% 987a 98% Penn 4%s 63 67 102% 102 102% Penn gen 6s'6B .... 2 111% 111% 111% Penna 5s '64 18 105 105 105 Penn 674 536 7 110% 110 110 Pa Oh A D 4745'77. 2 100% 100% 100% Pere M Ist 4s '66 .. 6 93% 93% 93% Pere M Ist 6s 56... 1 106% 105% 105% PCCAStERsA.. 1 110% 110% 110% PCCAStLBsB.. 30 111 110% 111 PAWV4 74 s C 60. 10 96*4 95% 95*4 Port Elec 6s ’47.... 11 105 105 105 rb; FINANCIAL. NEW U. S. BUSINESS SERVICE PLANNED’ Census Bureau Will Issue Preliminary Reports on Various Firms. Preliminary report* by cities on conditions in retail and wholesale flrmi will be Issued soon by the Census Bu« reau’s new census of distribution. Fig* ures will be released on full-time em ployment. salary and wage scales, net sales and amounts of goods on hand as of December 31, 1929. This information will be shown on the retail reports for the following groups of stores: Automotive, food stores, general merchandise stores, furniture and household appliances, ap parel, lumber and building materials, eating places, drug stores and all other leading types of stores, in so far as the detailed information can be shown without disclosing information on in dividual concerns. In the wholesale reports, the Infor mation will be shown, when possible, for the following types of establish ments: Automobiles and automotive equipment, chemicals and drugs, con fectionery, dry goods, electrical good*, furniture and house furnishings, gro ceries. hardware, leather and luggage, live stock, machinery, equipment and supplies, meat and meat products, pe troleum and petroleum products, produce, textiles and textile materials, and all other wholesale establishments. Furthermore, the data also will be shown by types of distributors, such as wholesalers, brokers, selling agents, etc. No service businesses, such as laun dries and barber shops, are included in the retail reports. Neither are part time employes Included in the. count -es employes of retail stores or wholesale establishments, but the total salaries and wages will include the entire pay roll. Later releases will report part time employes and their wages sepa rately. Baltimore Marketg Special Dispatch to The Star. BALTIMORE, Md., September 18.— Potatoes, white. 100 pounds. 1.75*2,10; barrel, 1.90a3.25: sweet potatoes, bar rel, 3.25a3 75; beans, hamper, 50a 1.25; beets, 100, 2.00a5.00; cabbage, ton, 12.00al8.00; carrots, 100, 2.00a4.00; cauliflower, crate, 1.25a2.00; celery, crate, 1.25a1.75; corn, dozen. 15a35; cucumbers, hamper, 40a60: eggplants, hamper, 40a90; lettuce, crate, 2.50a 5.00; peppers, hamper, 25a40; squash, hamper, 50a75; tomatoes, hamper. 40a 1.00; packing stock, bushel, 30a80; ap ples. bushel. 50a1.75; cantaloupes, hamper, 25a 1.00; grapes, hamper, 35a 50; peaches, bushel, 1.50a4.00; pears, bushel, 90a1.60; watermelons, 100, 10.00 a40.00. Dairy Market. Poultry, alh’e—Chickens, Springers, pound, 20a27; Leghorns. 15a23; old hens. 20a27; Leghorns, 15al8; roosters, 14a16; ducks, 13al8; guineafowl, each, 50a 65; pigeons, pair, 20. Eggs—Receipts, 602 cases: nearby firsts, 30: hennery white firsts, 36; Southern firsts. 28: current receipts. 27. Butter—Good to fancy creamery, pound, 36a42: ladles. 28a30: rolls, 27a 28; process, 33a35; store packed, 24a25. Hay and Grain. Wheat—No. 2 red Winter, export, 90; No. 2 Winter garlicky, spot, 86%; September, 86%: October, 87*«. Corn —No. 2 domestic, yellow, new, 1.12a1.13: cob corn, 5.25a5.50. Rye—Nearby, 65a70. Oats —White, No. 2, new, 48a48'-»; No. 3. 47a47' 2 . Hay—Receipts. 11 tons. General hay market strengthening. Drought has seriously curtailed nearby crops, chang ing the entl e situation. Sections here tofore shipping are now asking for of fers of hay. Good clover mixed and timothy new hay will bring from 24.00 'to 28.00 per ton. Wheat straw. No. 1, per ton, 9.00a 10 00; oat straw, No. 1, per ton, 9.00a 10.00. Live Stock Market. Cattle—Receipts, 1.600 head; good supply; market dull and lower. Steers —Choice to prime, none; good to choice, 8.50a9.25; medium to good, 6.75a8.00; fair to medium. 5.75a6.75; plain to fair, 5.00a5.75; common to plain, 4.50a5.00. Bulls—Good to prime, none; good to 1 choice, 5.75a6.00: medium to good, 5.50a5 75; fair to medium, 5.00*5.50; 1 plain to fair. 4.50a5.00; common to - plain, 4.00a4.50. Cows—Choice to prime, none; good to choice. 5.00a5.50; medium to good. 4.50a5.00; fair to medium. 3.50a4.50; plain to fair. 2.50a3.50; common to plain, 2.00a2.50. Heifers—Choice to prime, none; good to choice, 6.00a7.00; medium to good, 1 5.50a6.00; fair to medium, 5.00a5.50; plain to fair, 4.50a5.00; common to plain, 4.00a4.50. Fresh cows and springers. 30.00a40.00. Sheep and lambs—Receipts. 500 head; lighter supply; market steady. Sheep, 1.00a3 50; lambs. 4.50a9 25. Calves—Receipts. 100 head; light supply; market steady. Calves, 5.00a 12.00, MONEY MARKET. NEW YORK, September 18 OP).— I Call money renewed at 2 per cent to day. Funds were available In the out . side market at 1 % per cent. Time money was dull and unchanged. ' Demand for bankers' acceptances, es j pecially short, maturities, was strong, with asking rates steady and unchanged. Commercial paper was unchanged, with best names quoted at 3 to 31,-4 per cent, SILVER QUOTATIONS. NEW YORK, September 18 Bar silver, 37. : . , Sates Hleh Low Close Port Rv Be’42 5 105% 106% 106*4 Port Rv LAP 6s 47. I 105% 105% 105% Por R LAP 7 745’46 10 109% 109% 109% Reading 474 9 8.. . 27 102 102 102 Rio Gr W Ist 45’39. 5 94% 94% 94% R I Ar A L 474*’34. 2 100% 100% 100*4 St I/Ir M’nt 6s '3l. . 20 100% 100% 100% iStLASF in 4» A . 4 91% 91% 91% St LAS F 4 74*'78. 6 93% 93 93% SALASF g*n 69 11. 1 101 101 101 St LSWcv 49 '32. . 5 99% 99% 99% St PAKC S L « H*. 5 99 9# 2?, St LS W Ist 4s 'B9. I 90% 90% 90% St PUn Pep 5s '72. 5 109% 109% 109% San AAA P 4s '43.. 11 95% 95% 95% Seab A L rf4s '49. . 3 40 39% 40 Seab ALcv 6s '45. . 6 47V* 46 46 Seab All FI 6s A'3s. 12 40 40 40- Sou Pac col 4s '49.. 10 94% 94% 94*4 Son Pac ref 45'55. . 2 96% 96% 96% Sou Pac 4 745'68 .. 10 99% 99% 99% Sou P 474* '69 ww . . 3 100% 100% 100% Sou PAOr 4 74* '77. 24 101% lot 101 Sou Rwy gen 4s '66. 21 90% 90 90% Sou Rwy 69 94 20 110% Sou Rwy 65'56 16 116'# 116 1161-* | Term As St L4s 63 13 93% 93% 93% Tex A Ark 5%5'50. 11 106% 106% 106% 1 Third Ave ref 4s 60 19 54 52% 54 Third Av Ist as '37. 5 96% “96% J 96% Third Av ad.i 5s '6O. 14 34% 34 34% Un Pac Ist 45’47. .. 5 9814 98% 98% Union Pac 4s 68. .. 25 92% 92% 92% Un Pac ref 49-Oil®* 12 981* 95 95% Un Pac 4 74s ‘67 6 101 100%toi Un P Ist rs 6s 2008. 2 1111* 111 111 Va Ry Ist 55'62 42 108% 108% 108% Va Ry A Pow 6s '34 10 102 102 1-02 Wahash 4 74s '7B. .. 18 94% 94V* 94% Wabash Ist 6s ’39.. 21 104% 104% 104% Wabash 2d s 5 39... 6 102% 102% 102% W anash 5s B 76... 18 101% 101% 101% Wabash 5 745'76. . . 2 105% 105% 105% West Md 4s ’52 14 88% 88% 88% W est Md 6745'77. . 5 102% 102% 102% West Pac 5s 46 1 99 99 99 Wis Cen gn 4a 36.. 10 76 76 Id