Evening Star Newspaper, February 3, 1929, Page 39

" ADVANCE N STOCK PRCES CONTINES Vigorous Buying in Rails Again Features Market. Profit-Taking Absorbed. By the Associated Press. NEW YORK, February 2.—The stock market ran into moderate week end selling today, but operations for the advance were maintained at a strong pace, centering in the chemicals and the rails. Nearly a dozen of the latter reached new high prices for the third successive day. v Buying of rails was further stimulat- ed by announcement that the Balti- more & Ohio would proceed independ- ently with the Eastern trunk line con- solidation _plans, endeavoring to ac- | quire the Reading and the Jersey Cen- tral, The fact that the month-end re- quirements were met with the slightest strain on_ credit since the end of Oc- tober, call money going no higher than 8 per cent, .helped speculative con- fidence. The ease in.time money. and the drop in several foreign currencies to the point where imports of gold be- come profitable were also bullish fac- to! TS, A favorable over-night news develop- ment was the appointment by & group of ofl executives meeting at Tulsa of an umpire of oil and gas conservation, who will call a general meeting of pro- ducers next week, but this apparently did not hold definite enough promsie of improvement to inspire buying of the oil_shares. St. Louis Southwestern jumped 9 points and Unfon Pacific mounted nearly 5 to record prices. Pittsburgh & West Virginia and Western Maryland advan( 4 points each to new tops on unconflil reports . that the Taplin interests Were preparing to take defi- nite steps toward consolidating the two roads.- Baltimore & Ohio and Reading mounted about 2 points each, and Jer- sey Central jumped 20 points to a new high at 350. Allled Chemical touched 300 for the first time on a gain of 9 points. while Columbian Carbon_and Union Carbide Low. . High. 98.25 Liberty 314s1932-47. 99.6 99.29 Liberty 1st4%(s1932-100.5 99.30 Liberty 4th414s 1933.100.7 97.8 US 33%s1940-43.... 97.2 98.20 97.0 7 98.0 103.17 102.4 106.17 105.0 111.26 110.0 ..105.8 1929 h. Low. figh. Low. 100% 99% Argentine June 58 1 Argentina 6s A-1957 95 Australia 5s 19 1021 Austria 75 1943 96% Bank.of Chile 6138 19, 100% 100 Belzium 6s 1 115% 114% Belgium 7%s 19 110 108 Belgium 8s 1941 100% 99 Bordeaux 6s 1934 965 9415 Br 109': 105% B 105% 103% Canad 100% 100 Canada. 9 42 35 Chinese Govt T 97 96 Copenhage A 111 109'¢ Czechoslovakia 8s1951.. 110 1047 104' Denmark 65 19 . 104 103% 103% Dutch East Ind 104 103 Dutch East Indies 65" 171 158 Fiat 7 108% 106% F 115 French Govt71s8 108 German 7s 1949 %5 96% 95'% Irish Free State 5360 . 978 96% Italy 5 102% 100% J 91 89 ) 107 105 101% 100 90 88 100° 101 . 100 115 . 110 .+ 109! 96 . 109 . 105 .. 100 42 96 . 108 115 108 96 a7 101 90 107 . 101 102% 100% Peru 7 . . 102 1541 119 Pirelli Co of Italy 99 98 Poland 8s 1950 104% 103'% Queensland 6s 194 111 - 108% Queensiand 7s 194 104% 103 Rhinelbe 7s 107 106 913 904 108 105 108 105% Seine Dept of .96 93 Serbs Croats Slov 8s'62. 103 101% Sweden 6s1 10474 102% Swiss 99% 98 Toho 104% 103 TUtd Kingdom 5 96% 94% Yokohama 6s MISCELLANEOUS. 120 113 Abram & Straus 5%s'43. 116 110% 105% Alleghany Cp clev 58’44, 99 11 moved up about 7.3 points. Federal Mininig advanced 15, Eastman Kodak nearly 7 and Borden's, johns Manville, Abraham & Straus and National Bellas Hess 3 to 5 points each. Radio was a weak spot, losing about 17 points of yesterday's sharp rise. Mo- tors were heavy, Chrysler and Packard losing 2 and 3 points, while United States Steel, American Can, du Pont new and ‘Goodyear lost about 1's to 3 points. : The_close was irregular. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., February 2.—The live poultry market continues steady to firm under generally light receipts of desirable stock and & good demand pre- vailing, especially for fat, smooth young chickens and medium sized hen turkeys. Many of the arrivals, however, consist of small, -poor, thin fowl, for which there is little outlet, even at the low values quoted for this class of -stock. 106': 104% Amer Agri Chem 7%s '41 89% 86 Amer Beet Sugar 6 . 102 100% Am Smelt & Ref st 5847 104% 104 Am Sugar Ref 65 1937.. 99% 991X Am Tel & Tel cl tr 4s'29. 105% 1041 Amer Tel & Tel s 58 ... 8515 8219 Amer Writ Pap 6: 105% 105 Anaconda Cop 6s 19 206 187 Anacondacvdeb 78’3 92% 91 Armour & Co 412539 92'4 90% Armour of Del 5384 102% 100% Atlantic Ref deb 5s'37 142's 132 Barnsdall Corp 6s 1940, 105% 104% Bell Tel (Pa) ref s '48. 102 100 Bethl Steel p m 5s1936.. 101 105% 104 Beth Steelsf6s'4S... 105 96 94% Chile Copper 3s (1947).. 98 119% 110 Colon Oil 6s 1938 . 73% 69% Con Coal (Md) 1st ref 5s 80 77% Cuba Cane Sug cvdeb8s 108% 107 Detroit Edison ref 68'40. 1041 1021 ‘Dodge 65 1940 95% 921 East Cuban Sug 714s'37. 103% 102% Gen Motors 6s 1937. 108% 107 - Goodrich (B'F) 613847, 102% 100% Humble Oil & R 578 '3: 1056 102% Indiana Steel 5s 19 116% 109% Inter Cement 58’48 98% 97! Inter Match 5s 1947 102 - 99% InterMer Marine 6: 983 9413 Inter Paper 58 A 102 105 102 3 781 108! 94 116! 102 UNITED STATES GOVEI‘NIINT‘ ..102.16 102.4 110.16 110.5 110.8 High. Low. Close. 54'; 13'% 1472 104% 103% 104'% 1045 104 106'2 105% 106 Lo 9% . 107 106 . 10814106 1071 0% . 102% 1024 102% . 1031 102% 102% . 99 108% 103 95% 110% 106% 106 106'2 106 891y 8T . 104% 104 991y 84% . 105%: 105 . 20413 195 924 91% 9% 9% 132% 128% 105% 104% .105 . 115% 110 . 1043% 10212 102 . 103% 10215 102¢% 108% 107% 107% 32. 101% 101% 101 105% 102% 102 98Y 984 Close, Che. . Chee. 99.2 2 1000 1004 -1 1004 1004 -1 8 97.20 97.20 —, 4 97.24 97.24 -.7 102.16 .2 105.0 . Low. 98.35 11 101 105.0 % 100% 100% 100 101 100 100% % 114% 115 108's 10914 997 100% 9513 96 108 108! 16 104 105% 1 100 100 37 42 % 964 9613 % 110 110 35 104% 104% 103% 103% Vs &l 4 163 % 108 10819 113'% 113% 107% 107 13 95'; 96': 1§ 96N 96N % 101 1011 e 89N % 100'y 100'% e 102's 102% 9812 98% 109% 111 104 9% 9N 106 93 93k 98Y, 10313 9% 9R% 95 114% 115% 106 89 100% 100% 104% 994 99% 104 104% 8215 821 105 20213 91% 924 101 101 1324 +1+ 417010 100 100 104% 104% 95 e 2% 4 T8 9 107% 108% 93 931 3 113% 116% 97% 98Y 100 102 941 95'% ) G o s 931 Utilities P& L 5% "47..+ %0 109% Western Union 103% 101 100 Ny Walworth és ‘Walworth 6148 '3 les. ‘Wilson & Co. 18t 68°41.. Youngstown Steel 5s '7 4 RAILROAD. Atch T & S F gen 4s°95. . 9114 Atlantic C L 1st 45 917% Balto & Ohio gold 45 *48. 3. Balto & Ohio cv 1% Balto & Ohlo ref 5 B&OPItLE& W Va4s B & OS W Div s efs '50 Bangor & Aroos s’ Bowton & Maine 5 Broadwy & 7th Av 5 % Brooklyn Manhat & t Canadian Natl 41555 Canadian Pacific deb 4 Central Pacific 45 1949 Ches & Ohio cv 416530 . Ches & Ohio sen 4 Chesapeaje Corp 5 Chi Bur & Quin 4 Ch & East 111 gen 5s 2 ChiGreat West 4s 19, ChiMStP&P5s" Chi M St P& Padj Chi& N W63%s 193 Chicago Rys 5¢ 192 Chi R L& Pac ref 4s°34. Chi Rock Island 4155 wi. Chi Union Station 4165 Chi Unfon Staton 61 Chi & Western Tnd con s Clev Cin Chi & St L 5= D CCC&StLref 6sA°2 Clev Termiyal'tis Colo & Sou ref 1148 Cuba R R 58 1952 Cuba North 518 Dela & Hudson 51 Den & Rio Grande con 45 5 Den & R G West 55 19 Des M & F't Dodge 453 Detrolt United 4% '32 5 Erie 1st con 48 1996 Srie gen lien 45 199 Firie ref 5s 1967 Erie con 78 '30 4 Fonda J & G 4138 Grand Trunk s f deb 6s . Grand Trunk 7s 1940 Great North 4 orth gen 3% = Great North gen 7s 1936 Havana Elec Ry 5145 113 Hud & Man adj 55 1 Hudson & Man ref TiMnois Central 41 Inter Rapid Tran 5 Inter Rapld Tran cv Ts.. Inter & Great Nor adj 68 Int Rwy.of Cen Am 648 lowa Cent ref 48'51 Kan City Souta i8 195 Lake Shore 45 1931 *Louis & Nash uni 434 Mil El Ry & Lt 1st re 4 Minn & St.L ref 43749 MStP&SSMBles 3L, Mo Kan & Tex 1st4s'30. Mo Kan & Tex adj 55 '67. Mo Kan & Tex prin5s A Mo Pacific gen 48 1975. Mo Pacific 55 ¥ Nassau EI 48 °51 New York Cen deb 4s '34 N ¥ Cen ref imp 5s 2013 N Y Cen deb 65 1985. .. Y Chi & StLref 5143 A ¥ Chl & StL ref B Y N H& Hev deb 63 N Y Ry 6% 196 N Y West & Bos 41 Jor & West con 4s 1906, North Paclfic 35 2047 North Pacifie 45 1 orth Pacific 58 D 2047 . X Pacific ref imp 6s 204 Ore'Short Liref 451929, 5 100 1001 26% 4 Standard Oil NJ(11%).. 4 Texas Corpn(full paid) Stock and dividend. High. Low: 49% Close. 52 50 40 2% T3 Standard Oil N Y(2.60). Standard Plate Glass... Standard Plate Glass pf. Stand San Mfg ( Stanley Co of America.. Stewart-Warner (6).... Stromberg Carbu (3)... Studebaker Co (5). . Studebaker Co pf (7)... Submarine Boat. Sun Ofl (1) . Sun 01l pf (6)... Sweets Co of Am ( Symington. . Symington Cla: Telautograph (1). ‘Tennessee Copper (1) Texas Corp (3) "Texas Corpn 50% paid. . Texas Guif Sulphur «4). Texas & Pacific (5 1 Tex&Pac Coal&0( Texas Land Trust Thatcher Mfg. . . 4 Thatcher M{g pf (3.60). The Fair (2.40 Third Aven Thompson (J . Tidewater Asso Oil. . TidewaterAssoOil pf(6). Tidewater Vil (80¢) Tidewater Oil pf (5).... Timken Roller Bearing. . Tobacco Products (8)... ). . 4 Tobacco Prod Cl A(7) Tobacco Prod ctfs A Tobacco Prod ctfs B Tobacco Prod div ctf: 4 Transcontinental Oil. Trico Produets (2%). .. Truax Traer Coal (1.60). Truscon Steel (1.20) Twin City Rap Tr (4) Twin City Rapid Tr. . Underwd-KEhott F (4).. Underwd-Eil-Fish pf(7) Union Bag & Paper..... Unton Carbide (6) Union Otl of Cal (2) Union Pacific (10)....es 231 Union Pacifie pf (4) . Union Tank Car (5)..... United Biscult (1.60)... United Cigar Stores (1). United Ciz Stores pf(6) United Elec. Coal (3)... United Fruit (15%) United Paperboard i U S Cast Iron Pipe ( USCIrPlstpf ( . USCIr P 2dpf (1.20).. U S Distributing. . < U S Distributing pf (7). U S Express. U S Hoffman 11 S Alcohol (6). USlndustrialAlco pf(). 'S Leather. ... U S Leather A (4). U S Leather bt pE (7 U S Reaity & Imp (4) Univ Leaf Tob pf (8).,. Univ Pictures Ist pf (8). Universal Pipe & Rad. .. Utah Copptr (12).. Utl Pow & Light A(e2). Vadasco Sales Corpn.... Vadasco Sales pf (7). Vanadium Steel (t4). 12 moon 105% x106% Stock and dividend. Van Raaite Copf..eceee Vick Chemical (4). Vicks Shrevpt & Pac(5). Victor Talking Ma (4).. Victor Tlk Mch.pr p(7). virginta-Caro Chem. ... % Va-Caro Chem $% pf.... Va-Car Chem pf (7)..... Va Elec & Power pf Va Iron Coal & Coke pf.. Vulean Detinning . Vulcan Detin pf (7)..... Vulcan Detinning (A). Wabash Walgreen pf (6%). Walworth Co (1.20). Ward Baking A (8 Ward Baking Cla; 4 Ward Baking of (7). Warner Bros Pictures ‘Warner Bros Pie pf Warner Quinian 42). Warren Brothers, ( Warren Bros Ist pf (3).. 2 Warren Fdy&Pipe Corp. Weber & Heilbroner(4). Weber & Hell pf (7). % Wesson Oil & Sn (4). Wesson Ofl pf (T)...... WestPennilectricA(7). Wast Penn Elee pf(8)... West Penn Elec of (7) \West Penn Pawer pf(6). t Penn Power pf(7), 11 Westerri Dairy A (4) Western Dairy B Western Marylan: : Westn Maryland 2d pf.. W estern Pacifie. tern Pagcific pf. WesternUs fonTeleg (8). WestinghouseAirBr(2). Westinghouse B&M (4) . Westinghouse 18t pf(4). Weston[Cleeinstrumen Wheeling&LakeErie pf. White Eagle(2). White Motors 1), White Rock M W (3) White Sewing Machin Wilcox Oil & Gas . Willys Overland (c1.20). Willys-Overland pt (7). Wiison & Co. Wilson & Co ( Wiison & Co pf .. Woolworth F W (6).. Worthington Pumip..... Worthington Pump (A). Worthington Pump (B). Wrignt Aero 12) Wrigley W Jr (13%).. Yae & Towne (4) 6 Yellow. Truck & Coac Yellow Tt & Coach pf... Young Spr&Wire(i2%). RIGHTS—EXPIRE % Allls-Chalmers, Feb 20. . Atch, To & 8 Fe, Feb 7 3% Byers.(A M), March 1. « C6ntl Motors, Mar 4 Cudahy Pkg, Feb 9 Dunhill Int, Feb 11 Lambert Co, Feb 11. Mid-Cont Pet, Jan 30 Public Service, Mar 30 Shell Prading, Feb 11. 5 Stand Milling,Feb 11. Thompson (J Unien Of1 of Cal, ¥ Westinghse E&M, Feb 5. less than 100 3 In preferred g year—no regular raie. iotock. " d Payable wher e s 10% in stock. ook K Blus 1% Py 41% 90 60'% Youngston Sheer & T (5) 114", 108" 10815 1 3 Dividend rates as given in the above table Plus'13% s share in stock. 'n Plus 3% in stock. m tock. 1Plus 3/25 in_stoc: - eerhed, © o Baseble. in cash or sh 2 oi 'Plus 6. In stock. B Partly stock. 3 Plus 3 Commonwealth Investment Co.. 917 15th St. N.W. P, On 2nd and 3rd Trust and for Home Improvements Quick. Action No Red Tape D. C. Property Only 3 Apply Penn Improvement Co. Ine: 911 7th Street N.W. - Main 512 W hat Outlook or Utilities Now? Strong advavees are being seen. Which stocks are still_attractive? Our latest Special Utility Report covers— Elec. Por. & Lt. Elec. Bond & Sheve United Imp: iddle West Usil. North dmerican. Detroit Edison Nar'l Pwr. & Lt Nef'| Elec. Power Nar'l Public Ser. Louisville Ges & EL. Send for sample copy, free. Write name! nd address on margin and send to— AMERICAN SECURITIES SERVICE 266 Nerton-Lilly Bidz., New York 4 FLL LR L N N N N N N N N N N N N N N N N N N N N N N N N N N N N § N N N N N N N N N N N N N N N N N N N N N 13% Address Box-92-Z° Star Office = . - Open for Position —with company in good : standing .in some branch of en- gineering. ! Would consider making a small in. vestment. 2% In answer; please give outline of busi- ness engaged ‘in. Address, Box 474X, - in st ~ % | 1/25 of a share instocl CURB PRICES FIRM. Buying Suppor{ Offsets Profit-Tak- ing at Short Session, 5 NEW YORK, February 2 (#).—Buy- fng support to a large degree offset week end profit taking on the Curb Market tod: ‘Trading was active, with utility and aviation issues continuing This is especially true of ducks and geese, for which it is more a question of buyer than price. Small broiling chickens, 2 unds and under, are scarce, and this class of stock with ready sales often at a premium in price. Young hen furkeys, 9 pounds and over, are selling at 38 to 40 cents a pound, and gobblers at 33 to 36, but old toms.and old hens are sfow sale at, 30, while poor and crooked breasts are neglected at 25. Large, smooth, fat young turkeys, 2! pounds and over, + bring 32 to 34, while broilers, 1% to 2 ds, are scarce and wanted at 37 Penn gen 415819 Penn R R 43’63 Penn gen 5% 1968, Tenn §128 1936 Readfng 4% 1997. ... Rio Grands West col 4s. RIATk & L4745 1934 StLIM&SR&G 4833 StT.&SF prin4s A'50. SeLr8an Fr4%s 78 . 515 St.Loujx S W con 48”22 4 StPKCSLine4ks 41, 59 38 Seaboard Air L adyés 731 Seaboard Alr L con 65 . 120 116 119 .+ . 132130 130 . 105% 104% 104% . 102 100 100% 121% 118% 121% R6M 8T 120 109'%: ot Tel&Telcv 4} 141 1281 Kayser Julius 3 105% 104's Laclede 5%s . 103 100 Liggett & Myers o PAEUE Y | COTTON PRICES HIGHER. NEW YORK, February 2 (Special).— Though the Cotton Market made a further slight improvement today, the recovery of $1.50 a bale from low levels of the- week -brought out enough con- tracts to head prices within a rangé of less than 10 points, an | showed a pmpgx a few tamm BOND MARKET DULL. Convertibles Are Featured With Alleghany 5s in.Lead. NEW YORK, February 2 (4#).—Con- vertibles under the leadership of Alle-/ ghany Corporation 58 were the strong spot in the dull trading in today’s bond market. International Telephone 4128 144014 Manati Sugar s f 718"12 100% 99% Midvale 436 . 9%7%4 95's Nat Dairy Prod 5% 106% 105% New England Tel 116% 114% N Y Edison'1st$ 101 100 NY Tel 4%s1939. 10714 106% N Y Tel 68 1941-.. 101% 100% Northern States Polwer s is "8, b 5% 4. 100% 100% 100% 107t 106% 106% 101% 100% 101% 101% 101% 101% mnu. but all poor, thin stock moves slow at 20. Old hens in general supply and a good demand noted for small to ‘medium sized stock at 35 to 29, and 25 1o 27 for Leghorns, but fowl weighing under 3% pounds will not bring over 20. Capons in good demand, when heavy, and meet with ready sale at 32 10 38, but old roosters in amply supply and generally slow sale at 17 and 18. Market for ducks and geese holds steady on the former and easy on the latter, and it takes fat stock, 4 pounds and over, to attract attention. Ducks are bringing 25 to 30 and geese 23 to 26, but all poor, thin fowl slow at 20. Market for guinea fowl and pigeons holds steady at 40 to 80 each for the former and 30 a pair for both young and old of the latter. Poultry Prices. Due to light receipts and colder weather prevailing this week live poul- try has shown up to better advantage and buyers have been taking hold more 102% 101% Pacific Gas & Flec 58’4 105% 104% Pacific Tel & T2158" 105 106% 103 Pan-American 6s'34 100 981 Philadelphia Co. 586’ 95 93% Postal Tel & Cable b 207% 180% Public Service 435548 100. 98% Sinclair Oil 651930 . 103 101% Sinclair Ol 7s 1937 B 971 96% Sinclaif Crude Oil 5%4¥ . 103% 102 ‘Standard Ol N J-6s . 96 Stand Ol N Y 4%8 104% 100 ‘TransconOil 6%s’38 ... 96% United Drug 5s 1953 89% U S Rubber 1st & ref 5s. 102% 101 U S Rubber 7351930 ... 109% 107 U S Steel sf551963 ... 101 99% Utah Power & Light 5s . 9’ 104% 103% 1034 99 1% 96% 108% 102% 102% 96% 101% 100 96% 96% 96% 92% 102% 101 109% 108 100% 99% 100 9914 0% 104% 105 W 99% P 2 87 108 121 66 94 964 100% 96 92% 101% 108 92 98 W Soth Pacific cv 4s 1 Soth Pac col 451949 91% South Pacific ref 4s Sothern Ry gen 42 1 Sothern Ry 18 58 1994 . Southern Rty 60% Third Ave adj Ulster & Del 55°28... . Union Pacific 1st 4s '47 8715 Union Pacific 45 '68... .. 103% Virginia Ry 1st 58 1962. 101% Wabash 1st 55 1939... 101% Wabash 5148 19 80's Western Mary 4s 19 ern Pacific 55 1946 . 84% West Shore 1st 45 2361.. ev6lss 55 1960 FESET2EE S 99 87% - Wholesale Market Yesterday's daily market report on fruits and vegetables (compiled by the Market News Service Bureau of Agri- readily. Soft-meated young chickens are finding ready sale as well as large capons, but these are the only two lines in dressed poultry which will bring a premjum over live. Tre market for native and nearby eggs has been unsettled the fi;st week. and values show a slight decline. Re- ceipts have been fairly liberal, but de- mand continues good ahd all well graded, new-laid eggs meet with ready sale, but mixed stocks as well as small, undersized eggs are generally slow sale and in many instances have to be dis- counted. The market closed today at 38a38!2 a dozen for firsts in free cases and 32a 361, for current receipts. Receipts of white potatoes continue only moderate from all sections and the market holds steady with values show- ing no change from last week. For well graded round stock there is a good movement, but ungraded, mixed po- tatoes have to be sold at the lower Ences quoted. Round potatoes are ringing 1.20a1.35 per 100 pounds, but McCormicks and reds will not bring over 1.00a1.10, while 150-pound sacks sell mostly 1.7522.25, as to size. Mar- ket for sweet potatoes and yams holds firm under moderate receipts and de- mand good for clean, medium sized stock, but most of the arrivals consist of oversized, dark, rough stock which is hard to sell, while No. 2s and culls will not bring enough to pay freight. No. 1, clean, bright sweets are bring- ing 2.50a3.00 a barrel and yams 2.50a 325 a barrel, but overlarge, rough, dark stock generally slow sale at 1.50a 2.00, with buchel hampers selling most- ly 75a1.75, as to size and quality. Garden Truck. Demeand for native and nearby gar- den truck continues fairly good but centered on first-quality stock at the following quotations: Cabbage, 1.00 to 1.50, hamper; Kkale, 200 to 2.25, barrel; onions, 3.50 to 550, per 100 pounds; oyster plants, 6.00 to 10.00, 100; parsnips, 65 to 75, basket, and turnips 50 to 65. ‘With exception of beef cattle, demand for which has eased off to some extent, the general live cattle market holds steady to firm under generally light receipts on the wharves and only fair at the stock yards. Shippers are again warned it is un- lawful to sell for killing purposes live pigs under 20 pounds and shipment of such pigs not advisable as there is no outlet and all shipments are total loss. Quotations today at Light Street ‘Whar{-—beef cattle, first quality, pound, 12 to 12';. Common to medium, 8 to 11. Bulls, as to quality, 7 to 10. Cows, choice to fancy, 8 to 10; common to fair, 5 to 7. Oxen, as to quality, 6 to 9. Calves, veal, choice, to 17; large, fat, 15 to 16; large, rough, 13 to 14; thin, 10 to 12; rough and common, 10 to 12. Sheep, choice, 6 to 7: old bucks, 4 to 5. Lambs, choice, 15 to cultural Economics) said: Apples—Supplies moderate; demand light, market dull. Boxes: Washington, medium to large size, extra fancy Stay- mans, 250a2.65; Delicious. 3.25a3.50. Bushel baskets; Virginia, U. No. 1, 21, inches up, Stayman’s, 1.65a1.85; U. 8. No. 2, 21, inches up, Grimes, 1.358 1.40; Pennsylvania, U. 8., No. 1, 2% inches up, and 2% inches up, Black Twigs, 1.60a1.65. Cabbage—Supplies liberal; demand light, market about steady. New stock: Florida, 1%-bushel hampers, pointed type, 1.75a2.00; South Carolina, barrel crates, pointed e, poor quality and condition, seft, 1.50a1.75. Old stock: New York, sacked per cwt. Danish type, 2.75a3.00. Celery—Supplies moderate; demand light, market about steady. Florida, 10- inch crates, individually washed and pre-cooled, 4-6 dozen, 3.00a3.50. Cali- fornia, crates, few sales hold-overs, 5.50. Lettuce—Western _stock; supplies moderate; demand light, market steady. Arizona, crates, Iceberg type, 4-5 dozen, fair quality and condition, 3.00a3.50. California, Imperial Valley, crates, Ice- berg type, 4-5 dozen, 4.00a4.25; mostly 4.00. Southern stock, too few sales re- ported to quote. Onions—Supplies moderate; demand light, market about steady. Michigan and Ohio, 100-pound sacks, yellows, U. S., No. 1, medium- to large size, 5.25a 5.50. Potatoes—Supplies moderate; demand | light, market steady. Pennsylvania, 150- -pound sacks, round whites, U. S, No. 1, 225. New York, 150-pound sacks, round whites, U. S, No. 1, 2.25a2.35. Spinech—8upplies moderate; demand light, market slightly weaker; Texas, bushel baskets, Savoy -type, T5a85; poorer low as 50. ‘Tomatoes—Supplies light; demand light, market dull; few sales; originals, Florida, 6s, ripes and turning, wrapped, fancy count, 3.00a3.50; repacked, un- known origin, s, ripes, wrapped, fancy count, 4.5024.75. String beans—Supplies light; demand light, market slightly weaker; Florida, 75-bushel hampers, green, 3.00a4.00; mostly 350. Peppers—Supplies moderate; demand light, market dull; few sales; Florida, pepper crates, fancy, mostly 4.00; choice, 3.00a3.50. Eggplant—Supplies light; demand light, market about steady; Florida, pepper crates, fancy, 4.50a5.00. Squash—Supplies light; demand light, market steady; Florida, pepper crates, fancy, 5.0025.50. Cucumhers-—su‘rpllea very light; too few sales reported to quote. Strawberries—Surplies light; demand No. 2 red Winter, garlicky, spot, 1.27 No. 2 red Winter, February' delives 1.37. Corn—No. 2.export, February de: 16; fair to good, 12 to 14; common, thin, 8 to 12. Hogs, straight. 8 to 915 lowx.z to 8; live pigs, 10 to 11, Shoats, 8 to 9. Closing grain quotations: Wheat— L\ livery, 1.07%; No. 2 yellow domestic, ol 110, Oats—No. 2 white domestic, spot, spot, 1.12; No. 3 yellow domestic. spot, | b light, market firm; Florida, 32-quart crates, various varieties and pony re- frigeration, various varieties, 35a40 per uart. ¥ Caulifiower—Supplies liberal; demand light, market steady; California, pony (:I'l'.e;6 1.50a1.75; mostly 1.75; few high as 2.00. Carrots—Supplies moderate; demand light, market steady; Texas, bushel baskets bunched, 2.25a2.50; Western lettuce, crates, 3.25a3.50; California, ;v?urn lettuce, crates bunched, 3.50a .75, Beets—Supplies light; demand light, market about steady; Texas, bushel baskets, bunched, 2.25a2.50; Western lettuce, crates bunched, 3.00a3.25. Oran, upplies moderate; demand light, market steady, few sales; Florida boxes, No. 1, large size, 4.00a4.25; small size, 2.5083.00. Grapefruit—Supplies moderate; de- mand light, market dull, few sales; Florida boxes, No. 1, medium size, 3.50a g.;g: few fancy, 4.00a4.25; No. 2, 2.50a “Peas—Supplies light; demand light, market dull; Mexico, 45-pound crates, 5.5086.00. el WHOLESALE TRADE OFF. ‘Wholesale distribution decreased in December more than usual at that sea- son, reports to Federal Reserve Board from nine lines of trade indicated. Vol- ume of sales during the month was slightly smaller than a year previous. Of the individual lines, women’s cloth- ing and boots and shoes showed the largest decreases in comparison with Decemiber, 1927, while the largest in. creases were in the sales of drugs and furniture. Figures for the year as a whole show that sales of wholesalers in 1928 were six-tenths of 1 per cent smaller than in 1927. Al lines of trade reported des creases except groceries, meats and drugs. INVESTMENT TRUSTS special Dispatch to The Star. NEW YORK, February 2.— | Basic_Industry Shares . b i | Divers Trustees Shares | Feder Capital Corp . g Feder Capital Cor n units c_ Trust lian Amer Cities N?z L | Becond In See'Allot Corp Motor & Bank Stocks Ine RANCE COM Am All'ance Firemens Fd . lobe & R I Majestic Maryland { i |62:62’,’;; No. 3 white domestic, spot, 602603, Rye—nearby, 1.10a1.20, . ¢ 408, L ZINC INDUSTRY FORMS INTERNATIONAL CARTEL By the Associated Press. PARIS, February 2—World control of zine production by a recently formed international cartel already is sta- bilizing ' the industry, say French authorities. While there is no direct price fixing on the cartel's program, it is planned to keep the price from drop- ping below $135 a ton by reducing out- t. wl‘uropenn producers, who represented 62 per cent of world production before the war and only 48 per cent now, formed a group of their own early last year, but joined American, Mexican, Canadian and Australian interests in an agreement last December. Produc- tion and, exports are regulated by this agreement, which was for six months and subject to renewal. It is described as a rather loose working t, without a central authority, each group of nations enforcing its own discipline. At present in the cartel proper are France, Germany, Belglum, Holland, Great Britain, Poland, Italy and Australia. The United States and {Canada are represented as having agreed not to block the cartel’s limita~ tion of production nor to profit by it to develop exports. CHICAGO LIVE STOCK MARKET CHICAGO, February 2 () (United States Department of Agriculture).— Hogs—Receipts, 9,000 head; fairly ac- tive, mostly 10 cents higher, largely shipper market; top, 10.00 paid for a load of around 200-pound weights. Mostly 9.6529.90 for desirable 160-300 pounds; shippers, 4,000 head; estimated holdover, 2,000 head; butchers, medium to choice 260-300 unds, 9.4529.80; 200-250 pounds, 9.50a10.00; 160-200 pounds, ' 9.50a10.00; 130-160 nds, 8.8529.90; packing sows, 8.6029.15; pigs, m;dlum to choice 90-130 pounds, 7.60a 9.00. Cattle—Receipts, 500 head; compared to a week ago, heavy steers, 25875 low- er; medium grade of rough kinds off most; after 26850 decline light kinds and yearlings partly recovered thelr decline; almost every factor in the cattle trade bearish and the market in no condition for liberal receipts; sluggish dress trade and additional downturns in the hide market the principal weak- ening factors; steer downturn weak- ened, meaty feeders, 25a50;. stockers showing little change; better grades of she-stock weak to 25 lower; lower grades strong to 25 higher; bulls, 25 higher; vealers steady; extreme. top, fed steers, 15.50; bulk, 11.00a13.25; best {?4'{5‘““ 14.75; yearlings, heifers, Sheep—Receipts, 7,000 head; for the week, 25 doubles from feed lots, 15,500 direct; early decline due to the dress trade and expanded receipts were mostly replaced with sharply curtailed {receipts later; compared with the close lower; weathers, si 252 50 lower; top prices for the week, fat lambs, 17.60; yearlings, 15.00; fat ewes, 10.50; bulk prices for the week, fat lambs, 16.25a17.00;, yearlings, | 14.85;" fat " ewes, 8.50a10.00; lambs, mostly 15.00:1?. y; fat ewes, of last week, fat lambs, weak to 15 || improved on a good demand. , Rails displayed an indifferent tone, with Ulster. & Delaware issues of the short-line group firm. Fonda, Johns- town & Gloversville issues were selling 10 points under the week's high figure, buyers reluctant to step in at tha level. New York tractions were in de- mand, with Nassau Electric 4s touching neral list was dull POTATO MARKET DULL CHICAGO, February 2 (#) (United States Departmens of Agriculture) — Potatoes—Recelpts, 117 cars; on track, 210 cars; total United States shipments, 762 cars; trading slow, market dull; Wisconsin sacked, round whites, 90a 1.10; Minnesota and North Dakota sacked, round whites, 90a1.00; Idaho sacked russets, 1.50a1.70. ———— ‘Twelve miles an hour in dense traffic is the boast of Paris chauffeurs. 1 WILL SELL Consld. Granite 6'4%, CAbt. 1st 6%, 1939, Estate Mortsage & o & Dis: 100 Units Re: Units 13U HOMAS L. HUME Main 1346 LEHMAN'S TIRE SHOP 12th&KNW. "CLARK,CHILDS & COMPANY 120 Broadway New York, N. Y. WASHINGTON OFFICE 1508 H STREET NORTHWEST MEMBERS NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE NEW YORK COFFEE EXCHANGE NEW YORK CURB MARKET NEW YORK PRODUCE EXCHANGE BOSTON STOCK EXCHANGE CHICAGO BOARD OF TRADE CHICAGO STOCK EXCHANGE hone Metropolitan :gg to hold the leadership. Electric Bond & Share recovered some lost ground, advancing about 2 points in early trading. Universal Aviation and Douglas Aircraft were prominent among the stronger airplame issues. Niles Bement Pond, however, sold off | ‘more than a point. Strong spots in_ the industrial list included Hiram Walker, which extended its gain 214 points on buying encouraged by announcement the company is build- ing a gigantic liquor storage plant, Southern Asbestos, General Bronze, N tional Family Stores, St. Regis Paper, Marconi International and Checker Cab, the latter moving up nearly § points. Oils were irregular. Standard of In- diana declined about a point, while Standard of Ohlo and a few others made small gains Money Available for FIRST DEED OF TRUST LOANS On Completed Propertis for Construction Use Reasonable Interest and Commission Rates JAMES F. SHEA 643 Louisiana Ave. N.W. and First Mortgage flnd Construction Loan Applications Invited at 52% Glover & Flather 1508 H St. N.W. JAMES SLOAN, Jr, Manager day. Spots were unchanged at, 20.05, Approximately 80 gallons -of motor fuel can be produced from an acre.of sisal plant by a chemical process de- | veloped in Prance. % . Money to Loan Secured by first deed of trust on real estate. Prevailing interest a: commission. Joseph 1. Weller 83,755 % § Tyt Salaried People “Character Plus Earning Ability Our Basis of Credit® ERAIOVIVM SRR WASHINGTON WIMSETT COMPANY 903 N. Y. Ave., 2nd Floor, Let us have your applications 'LOANS ON REAL ESTATE Immediate Action Courteous Treatment Our record of 35 years speaks for itself. Percy H. Russell Co. 1731 K St. N.W. SAFE FIRST You A Third of a We Century Without a Loss Main 2100 THERE of Value to You —as 3 business man you, of course, are guided by the business trend. Sta- tistics show a fast growing increase in the numbef of business men who name the Liberty Natiomal Bank to act in Executorships. Trusteeships and Other Trusts The. same intelligent care we - exercise‘in the; . investment of - olir - own funds: would apply to ‘the investment of your funds. LIBERTY NATIONAL BANK: Fifteenth and Eye Sp. thought for the money you in- vest in our 6% FIRST MORTGAGES judgment on the value property back of them—-and see to it that the interest hands on the day it is diie, Offered in amounts »'frovm $250 up. B. F. SAUL CO. MORTGAGES SECURED BY CONSERVATIVE APPRAISEMENT don’t have to give second have passed approving of the in your 925 15th St. N'W. | IS NO SUBSTITUTE FOR. SAFETY