Evening Star Newspaper, April 25, 1929, Page 14

. FINANCIATL. Fa NORTH AMERCAN | NEW YORK STOCK EXCHANGE &t rimew | STOCKS IRREGULAR p— p— S Oldest National Bank in : BUUSIS EARNINGS IN PRUF"- TAKINB : VA Open. High. Low. Close.| Open. High. Low. Close, Open. High. Low. Close. 5 3 5 - 4 ; AbItiD! Pobver... A2 42% 427k 4274 | Con Film pf(2).. 20 29% 2% 20 | MeCall Corp(4) T T | staonnzanmy. T han “ov e 4 p— Abitibi pf (8) 80 80 80 80 |Cemsol Gas (3).. 109% % | McCrory A(2)... 101% 101% 101% 101% | StdO!INY(1.60). 43'% 43% 43 S Abrahmé&Strat 128 128 128 | ConitRCuba pfé 63 3 McCrory B(2)... 108 3% 102 102 [ Srd Pla eGlass.. b5 5 5% 5 f AbaStraus pt 7. 112 Consol Textile. . 8 % | McGraw Hill(2) 45 44 4 e e 18 ot i SO G A Role of Pleports: SE64 nclomemnd |5 Sie s 18 95 T Ialene sl RectmInT e fa s ioy) samsHOS G o P TR T S P Metropolitan serv- Stock, Against $4.12—In- | ey Remies’s" | Gont Baking A. Moken pt A 14 StwartWar (3%) 70% Up of Money Rate to A ice has been a vitaliz- Stromberg (3).. 84 GaingliniQuart Abumadalens.. 3 3 4 Cont Bak n't;;)).. . 9 Studebaker (35 824 12 Per Cent Alr Redctn (13), T 113 ntl Can . . Submarine Boat. 3% it i - surance Gains in Quarter. |4t Way El (2).. 39% 39% 39% Cont Can pf(7).. Maliison & Co... 28) Sun Ofl (g1).... 62 CF ent, ’Tfo;::::: o "\',:v,df,_ S gnnuruo;«l:»;;. Man BlsoBuply. Sun O1l pf (6 A - Bigiae - buiiniis for . Alaska Juneau.. 6% 6% 6l ‘orn Prod (13).. R an Elev gtd(7) Superior Oi 2 3 = BY EDWARD C. STONE. Alleghany Corp. 33% 344 lggn gorn 1»‘-nm pri7). | a-n El m2g(db) Superior Steq BY GEORGE T. HUGHES. 2 o}rer one hundred and Alleghany pf 5% 100% 100% 100% oty. Inc (£2)... aracaibo Oll, Superior Stl rts. R ’ e teen years, J- T coneciidaied thone Siatement Sl et .y 2687 2685 280 Crex Carpet.... Marland Ofl. Sweet ot Am(1). NEW, SO ATell a0 B = the North American Co. and subsidiary EW YORK, April 25.—Despite an e T } Allis-Chalm(7). 200 194% Cresley Rad (1). Marmon Mot(4). 7 Symington Cl A.. '.g ce in call money to 12 per cent companies for the 12 months ended | Amal Leather... 5% 51 CrownWP1stpf? Martin-Parry . Haphidoss foday’s siock market made s remark- HENEXOGE Ben SOV UNF March 31, 1929, shows $23,934,284 for | Amerada(2) 33 gr"wbl' Stus). Y 2% | Texas Corpni3). | ably good showing. Most of the time * ~ - AmTenkia/cis Ty Ton | Chbacresuear. D The’ i whs Ggwnward. bu there was ational Metropolitan all operating ex- A: B:"N ,'; gL 6215 6 T&P C&O(b2%). 1 no weakness and there were many ex- pensey, interest 2 pee Tex Ld Tr(new) ceptions. Up to the last hour volume charges, deprecia- 154 i 1% B3% Cuban-A H : Melvle Shoe 1.40 Thatcher Mfg... 27 was under that of the preceding day Organized B k 115 Ye: Ecos:r\'acr;d :x:{i o‘t)k:sl: h % i (::n::y ‘i‘:“'{ Mengel Co. . The Fair(2.40)., but it picked up toward the close. in 1814 an old b i . 5 The Fair pf(1).. A late rally in the coppers under the v 122% 1228 Curtias Aeroc1). Mexican Seab. A Chia hcér?:iz';‘rify Am Brown Bov.. 2715 260 Curtis Pub (6).. Miami Cop (4) e water asOil | Bty aC Hefihing: sl Eennsts 15th St., oppesite U. §. Tre folds a very large : AmBrown Bopf 90 90 884 Cuyamel Fruit. b Mid-Cont P(2) Lt S| STatE &2 Fe Ao TR R R asary olock of Washing- Am Can (14).... 137% 139% 136% Davison Chem... ' ‘ Middle States. Tide W Ol ot (6 o not en ‘.;elz eld L to! end. ‘: ton Railway & AmCanpf(7)... 141 141 141 Debenhma(2.91) ' 38 Miller Rubbe Gk Al street expects Kennecott to go on s 46 i AmCar&Fdy(6). 99 99 984 Rl i Minn & St Louls. % | o asis next sponth. ~ Colum rapho: EleTc_Lgce c%ér“?rfé‘s’ § Am Chain pt(1) % 1T :)‘e‘ex::(,t:’nf;'l). MStP&SSM 11(4) ’nmkennlfll). phone was a strong feature from start i = . el & Hud(9 9 b LD Erod (140, [ ! to_finish. i o i & Am Chicle (3) b54a 54 Mo Kan & Tex. . A i Ll Am Express (6). 342 342 341 Ll Al Mo K&Tex pf 1) 7 iR 9" "19%| “The rise in the call loan rate from 8 W~ “for the 12 Am & For Pow.. 96 99% 95% 95%| Detrott a8 Missour! Pacific. Top Erod ofe(a) 5 i|to 9 to 10 and then fo 12 per cent vas m - ths ended ¢ Am&FoPo pf(6). 95 5 Devo&Rayn (3). p Mo Pacific (rts). % Sou ol : accompanied by a report of an increa. 95 95 March 31, 1928, Am&ForP pf(7). 1064 123-4 106% 106% | Dlamond M (8). " Y% | MoPacific pf(5). ;:l""::;‘::;?,"“ . %|in the rediscount rate and of a gain in % % | the total of brokers’ loans to be an- " znd are equal to :““lffll’gg 2d. . 90% 90% Doma Mines(1). 5 Mohwk Cur 2. TwinCityRT(4). nounced afier the close. 1853 $4.84 per share O0 ponaid K. Davia, | AT HAWaSS(1). "39% 40 38t 39% | Dominion Stores Mont Ward 2%.. g 2 e the average num- Am Home Pr(3). 7 80% T9% Drug ine4). 4 Moon Motor..... Undwa-E1 F (4) 115 The market’s reception of the Pe ; g b Udwd-EI F pf(1 ; 5 | sylvania announcement that i had ber of shares of North American com- :;" i';:;rfi)(]‘xz Dunhili Int (24). 4 !l::::r. ;al;t(a‘ro:.. i b c.rmpc;‘ “ 2 4 23 formed an investment company, fo the Inon, lock outstanding during the 12|\, LaPraFoam W 6 s oS s = Motor Prod(2). . Un Ofl Cali2). .+ ’ + | stock of which shareholders would be S B D Crxled March 31, 1020, compared | o [aFrance pe, DuplanSilk pt 3. Motor Whi (2).. 4 Union Pac(10) -+ entitled to subscribe, and of the Bethle- TEIN Bros. & Boyce With $4.12 per share on the average|am Locomot(s). 119 D e . | Muitins Mg, 3% 1 | Un Pactfic nf(4) hem Steel offer of additional shares at number of shares outstanding Quring | am r.occ pf(1).. 118 Lu Pont deb(s). Munsingwr (3) | Utd Alr & Trans. a price almost $30 under the market, the preceding 12 months’ period. Ambdia & 5 Eastman (18) 178% Murray Cor| Utd Air&Tpf(3). 8 was in striking contrast. Pennsylvania - Gross earnings were $141,515,604.62, | A™ 3ia & Fy(4). 159 5 A (3 AN 4 el e *| Utd Biscult 1.60. 48 t15 | was active and strong from the start, We tak - ing th 3 e T Am Merisbf(6) 115 135 118 155 |Eittumnpris. 1004 T b i o (14 Cigar St(1). 5 selting & new high for the year as it e take pleasure in announcing the opening of 5 e - Nash & Chat(7). 93 3 D e ] f o0e Gopreciation,” were $T4.175.601 75 mbd | Am Nat Gas pe 7 e Ton 10w Elec AutoL 14%. 150 i : 934 Utd Cer St pf(6) crossed 83 and the highest since 1902 our Board Room. This addition to our ag secateacs ca Am Plano pf.... a1 a1 Blectric Boat.... 14% 16 . EopI L) e g Utd Dyewood. .. Bethiehem Steel was the object of 4 00% | 1 Nat Cash Reg 14 2 2 . ] y th 5 i D) K. Davil Beadi Big Consern, % 81 Bl Elec Stor B (5).. 0% 80% | N33 Dairy (53) % 13: 5 | US CastIr P(2). tion of Pennsylvania was much stronger plete investment service. father's store to heading one of the ey Eng PuS pf(5) S Express. ... y the speculative imagination that_the : f P Hoffman(4). 38% investment company idea _presented. New York Stock Exchange orders executed for kquit Bldge2).. Am Ship & Com.. proof of this. among Washington grocers. AmS&R pf(1). 136 Nat Radiator. Rubber. 5 cialties. The rails also were generally His father's store in Moscow, Idaho, MT. | Xm Stores. 1.s. 85 ! e RO the University of Idaho and the Har-|am Sumatra(3). 48% irst NatS (1 %), 16| Nevtorstcel. - ety Telegraph lost ground on the reiterated Woodward Building dean of the Harvard Business School| A Tel & Tei(3) 229 Fellanstostotes b known department store. Am Tob pf(6)... 120 120 120 Freeport T (4).. 41% N ¥ Dock.eoous Vapadium (14).. AT T T Members New York, Baltimore and W ashington president of the Royal Baking Powder amwwe&EKl(cl). &5 85% 85 Gardner Motor.. ‘distributors in the country, has become | am Zine. ", 355 350 34% Gen Asph pf(5). 112 2 2 2. | NY Stm 1stpe 1. 4 Vule Det pf(7).. NEW YORK, April 25—The first . 2, n Cable A .- Anaconda (new) 113 118% 117 Gen Cable A(4). 00, 100% | NorAm b1u% stk ash pLA(6), 92 2 | Stores have cut prices at retail on the tion has been organized by G. M.-P.|Anchor pf (6340, 119 139 119 '3 | GenElec sp(60c) NorAm Ed pt(7) Walworth(1.20), | not yet reached the low level attained 000 shares without par value, all com- | Armour Del pf 7. 88 Gen Gas pt A(7) Nor Fle aia( Ward Bak pf(7). 7 Recently the Schulte interests swore whereby the latter is entitled to acquire | Arnoid Con & Ce 6 Gen Mills 3)... Oil Well 8 pf. 94 | Warner-Qu(2).. 5 33%|ting prices on popular brands of cig- 1929, to yield the corporation not less | Asso Oil(2). 45% 454 45y | GenOutctfs(2). 3 Orpheum pf(8) 3 Webstr-Elsloh: 1 with the Schulte interests. Together W P . least $5,000,000 net capital. Aui Coast L(110) 177% 178% 177% Ll U 1p = BlCd) hand, the grocery chains are equally 60 58 Atlantic Refrts. 74 7% 6% Pan-Am Petrolm 7.5 per cent greater during the first|Aclas Tack.. Corresponding period of last year. Aus Cred(4.49).. 3 A T Paramount-F-L. 5 Westinghse(4), : holdings and the United Clgar Stores security, and definite and ade- $3,167,287.000 this year as against $2,- Grhm-Paige cfs 35 | Pathe EX(A)...r 22 Westn ElecA (2) 4| The price war probably will not en- surance amounted to $2,173,629.000 as| % Penick & Ford. A3 | prietors extensively. The chains have per cent. Industrial insurance amount-| g @ ar pe(7) 106% 106% 106 Grant W T (1),+ - 0% | Penn Dixte C: % A insurance amounted to $222.057.000 &S| oy ) Cors (2).. 91% 91t 91 1 |Grt Wn Sug 2.80. 3 = q 4 39% | Wilcox (A) 23%4.. g Beecn-Nut (3).. 86 86 85% Guantanamo pt. W= OrapETe ntury : s R ,, Centiry curity—and we see to it that the 6s, series A. most favored. They sold | gein Steet p(T) 118, 118 118 Hack pf A(1%)., Enoenixpt(D)... 95 93 Worthn Pump. .. ) s |tive, market strong; Texas sacked Bliss Loss larly paid. <t s i Blerce-Ar v (6). 83% Wrigey ((13%). 76% quality, 5.25a5.40; old stock trading on net income from operation was 106% 108 103 | ElecPowsLt(1). 65% y, | NNaCHSlRS H $1. Utd Elec Co 7 heavy realizing and sold off more than facilities enables us to offer a com- 3 6! End- coe US D butl than that of Bethlehem Steel, but the From grinding a coffee mill in his d615 46 e i KL largest food concerns in the country 66 G54 $ - Alcohol (8 i 3 |The market for the stock of the new Donald K. David, wha has just been| AT Sof Hamse). 66 66 ¢8. EquitableTr(12) ; Nat Enamig (1). 7 5 Chase & Sanborn Corporation, —this | Am Smioblag(8), 86 Nat La'pfB(6).. Lea pr pf(7) 96% 96 On the side of advan were ranged Having gained practical experience in Lo : Rub firm though inactive. American & For- T Am Snuff (12)... 19915 199% 1993 Fashion Park. .. Nat Supply (18) .. 9 i 50 | eign Power, Electric Power & Light,[ ! STEIN BROS, & mYCE thorough understanding of the theory | am Sugar, .. Eelity Bhoohe. NevATa Cop (3. b 11 | dated Gas were in demand at one time Established 1853 vard Business School. Then he became | o Sumatrarts. ' % Fisk Rubber. ... : Newport A (3).. ooy s e e B A P y ; : phone was strong and the closely held y and was for a_time assistant to the | xm Tobacco(8).. 165% 1653 165% 165% | Foundation Coe. 64's 66 N Y C&StL(6). 137 3714 | Vadasco Sales. .. American Type Founders advanced WASHINGTON, D. C. Two years ago Mr. David left the busi- | Am TypeFo(8).. 148% 152 148% 150 | Fuller prpf(6),. 101% NYNH&Hart(4) BickiCnem(u) oo B0M: 6 . f CIGARETTE PRICE WAR o s |N B 1841 gl o Stock Exchanges Co., with which Chase & Sanborn, one | am Woolen..... 18% 18% 18% Gen Am TC(34). N x!' gl"r:‘&nvr\fsl:l? 97, ” Vulcan Detin... & 2 APPROACHES SHOWDOWN . affiliated. | Am Zinc pt 98 9B 98 Qen Bakg p1(8).. 199% 138U 13 Norf & Wn(710) 19 6 s, | Vulean pf A (7). guns have been fired in the threatened A trading and investment company|anaconda (rts).. 25% 25% 25% Gen Cigars(4)..; Murphy & Co. The corporation is t0 | Andes Copr (3).. 52% Bo% 51t son|GeNG&EIA 1%, T; @5 qa ] O EEIEA rd Baking (A oy the chain grocery stores, against mon steck. It has entered into & con- | Armour Il(A).s 13 v 1ou | Gen GEELB 1%, 2 2 |Norwalk Tire % | Warner Bros Pio war to the knife and knife to the hilt from or sell for the corporation up to| Asso Apparel(4) 53% 53% 53t 531 | Gen Motors (3) 6 54 | Omnibus. . Warrn Bros (16) 5 3 arettes. The United Cigar Stores are SIALFE FIRST MORTECAGES than $50 a share, The corporation |Atchison(10). 2007 199% Gen Ry S1g(5). . 5 Wesson O1l (2).. g they form a huge and powerful retail " . 4 : 5y | W Penn E1 pf (8) 99y erful, if not more so. The largest The corporation will be managed by | Atl Guit & Wl... 604 6 Qlmbal Bros W Penn El 9 vowerful, g G. M.-P. Murphy & Co., partners. of | AtlGulf pf (4).. 8% 581 574 Gimbl Br pf Pacific Gas (2).. enn Kl pf(1) 10f Y 9% | 5f these has 17,000 retail stores. The THE TWO THINGS Gobel (Adolpb). West Dairy B... and severe, for while the tobacco chains ‘ First Quarter Insurance Gains AtiiAPOWHerte)] OB, L08% 98r Gold Dust (new) oy el West Maryland., 4% 42 specialize in this type of merchandise, YOU WANT Pan-Amer Pet B i 8 to depend for profits. The Schulte in- For the first quarter the total new | Auto Sales.. 8 GrARMHCP 5 | Park Utah(80c). Westhse 15t(4)., are taking on additional products for Bald Loco pf(7). 120 120 120 12 Granby Min (7). Balto & O pf(4). 79 4| Grand Unon.... ed to §771,601,000 as against $731.803.- | ptEr BT 000 10 Toge (29w ‘29w | Gre North pe(s). Penn R R (4). 5 White Sew Mach ~ 23 has continued to exist, although in : &) - . v, 3 against $196.382,000, an increase Of | payuk 1st pf(7). 108% 108% 101% Grt Wn Su pf(7) 8 " Wilcox Rich B. . POTATO MARKET STRONG. of a our conservative appraisement Belding-Hemwy, 15% 15% 15 15| Gulf Mo & Nor.. 461 Wilson & Co.. e e 8 e mand for bonds on the Washington SatieCogers. Sha B4 07 87w Qu & Npf(E). 071 : Phil-Jones pf(7 Woolworth (8).. 2251 2263 224% 226% |35 new, 176 old; total United States Without a interest is promptly and regu- in $2,000 and $1,000 denominations at Hahn Dept Stor., Wright Aero(2). Triumphs, mostly 5.50, few 5.75; fair Washington Gas 5s figured ir & $1,000 | S0B AmiAtt). HamiltonWpf(6) 103 s | Prerce O1l.... Tussets active, market strong; other In amounts from $250 up. N $67,340,092.87. 1005 100% Elec P&Lt pf(7) Nutl Biscult(17) 184y Utd Paperboard. 19% 19 4 9 |2 points. Probably the technical posi- Eng PubSer(31). 6. G0l [ AU NSRUBION. | 08 85 Sod % | US Distrib pf(7) principal difference was the appeal to n 112 E Sptsig. 20 years later is the record made by e R St cash ts ied ti i corporation on the Curb was ample or accounts carried on conservative mar, made president of the newly formed|A™ Seating(3).. Nat Lead(6). . Dol gt name having arcused wide interest|am SmaRef(4). 103% . ‘ ‘ « | Nat Pow&Lt1). Realty(4) ; b 374 | various public utilities and a few spe- —— his father’s store in Moscow, Idaho, e s 561, 5! t S Am Stl Fdys(3). 07_ 66%% FedLt&Tra 11% 3 t Surety (). National Power & Light and Consoli- of merchandising. He graduated from | Am Suger 5E(7). 107 *| Filine . Nt dli e 21y 13215 130 | Y S Steel D). 14 143 314 or another. American Telephone & Drofessor of retailing and assistant |, rei & Ca(s). 24 Flelschman 133 69 N e B g 3;‘1"!“:2.::3‘)? 6 5 _ | split up the stock. Columbia Grapho- Telephone: Main ‘3473 resident of Filene's, Boston’s Well| Am Tobac B(8),. 166 167 166'a ¥ox Film A(4).. 93 . 93 % | N Y C StL pf(6). Vadasco pf...... 9 9 easily. Main B e ness school to become executive vice | am Typepf(T).s 110 110 110 NY NH&H pf (1) 7 Victor pr pf(7).. of the oldest and largest coffee and tea| Am Woolen pf.. d44's 4dls 4d% 44y | G0 Asphalt.... 4| N Y State Rys pt 2 4« 24y | Vulcan Detin(A) Soecidl Disnateh {0 The: Star: Associate Members New York Curb Market . Anaconda (7)... 141 142 139} Gen Cable - y W Murphy Organizes New Corporation. | Bjoe l Norf & W pt(4). 85 . 84 e R cigarette price war. The United Cigar %o be known as the Graymur COrpora- | Anchor Cap 2.40. 57 57 86w 5e1s|Ge0 Electric 6., % 2384 2 North Am pf(3). “ 534 orfi1%)... 26% 26 4 26% | Pacific Coast. The cut, however, has have authorized capitalization of 375, | Archer Danls(2). 37 37l 871 374 | G°P Gas(rights) NOEEUEREC ) £ J08 2% | Ward Baking B.. 11% which the move is obviously aimed. tract with G. M.-P. Murphy & Co.'armour IlI(B) ) 61s Gen Gas pt B(7) 01l Well Supply. Warner pf(2.20) 52 5z b2 if the chain grocers did not stop cut- 300,000 shares on or before June 30| AssoLryG(z¥#). 52 b2 Gen Mot pf(7).. 12 3 W 12 Oppenhm-Col(5) [{ Warren F&Pipe. 9 closely affiliated through various lines plans to commence business wWith at|Atchison pr(b).. 103 103 = 103 Gen Refrac 13%. 75 1 34 437 M chain of gistribution. On the other West DairyA(4 which will be the only directors. AtlanRef(11%). 62 62a 60%a Gllagen Co }1%. » Pacific Mill ryA(4) 53 53 struggle bids fair to be long continued Packard (13%). i : New life insurance production was|Atlas Pow pf(6). 102 102 Goodrich(4) % Y their rivals have other lines on which : ¥ quarter of this year than during the | Austin-Nichei v ek 8 AT 1250] e R terests also have other lines in_their of an investment absolute business of 44 leading companies Was| g a0y N O o 0 Pathe Ex.... ‘ 4 ! distribution. quate return—are features of 945,125,000 last year. New ordinary in- 1 pi), o0 g 122 1224 121% Grand F&EW (1) y 5 Patino M (3.89)., 3 Wheel & L E pt. T danger the individual cigar store pro- our . t 4 made cuts in the past which the indi- against $2,016,990,000, an increase of 7.8 | pto L ORI B8 el L TR Penn C&Coke. s e 69, FIRST MORTGAGES 000, an increase of 5.4 per cent. GIOUP| gornggal) A (2), 44 4% 43% GrNorOr cfs 3%, 23 ‘ People’s Gas(8 2 Wilcox Oil & G.. smaller numbers, and to prosper. Qver a Third Ever_\' loan made is based on 13.1 per cent. . Beacon Oil...... 22% 23h 2% Greene Cana(8). e Willya Ov c1.20.. CHICAGO, April 35 P (United —with a wide margin of se- Again today there was a better de- Best & Co(3) S8 87 GuM&NDpf(6), 97 Phillips-Jon(3) Wilson Co pf A.. % Potatoes—Receipts, 92 cars; on track, Stock Exchange, with Washington Gas Beth Steel p£(7) 118 118 118 Phillips P (1%). 43 2 Woolworth new. 9 2 214 | Shipments, 870; new stock trading_a 9 9 9= Y 74 Plerce-Arrow. 102%. Gas B baby bonds sold at 103.| BOhnAI&Br 133 126% 1267 12 Hahn D S pf 6% and three $500 sales at 100%4. Siear el oo LRI B T e Pierce Oll pf. 15 | Yale&Towne(4) ? stock fair trading, market firm: Wis- ic consolidated 5s Hartmn B(1.30), 4 54 | Plerce Petrolm Yellow Truck. 3 48'4 | consin sacked round whites, 8215a1.00; mfi?&aiw}zg%; transactions at the | Borden Milk(6). 189 Hayes Body. Pillsbury (1. 2 Yel Tr & Co pf. % 94% | Minnesota and North Dakota sacked " Borden (new)... 954 95% Young Spgs t2% 66 5 63 4 . i recent price of 101. The bond market Borg-Warnr (). 127 128 He Corp. 3 Pirelli (A) 2. \:6"‘: round whites, 80a90; sacked Red River vi hington Gas 6s, Hershey pf(4).. PittsFtW pf(7). 4 Hourly Sales on N. Y. Market. Ohios, 90a1.00; Idaho sacked russets, clclyised :igofihflé’flnxfizu_m Boston & Me (6). 87 87 HO® & COA. se s ¢ Por RicoToA(7). 87 10:30am.. 447,300 1im... 1ola00 |2.258250. 2 e he first stock sale was in Potomac D N Wk ok 1k Hollnd Fu(e23) POrtoRIcoTobB.. 45% 1:30 p.m. 2,193,800 2:15 p.m 2,609,600 e Mg Sty . . . Electric Power 6 per cent preferred at | Brisgs MfgFCo,. 437 ‘g" - Hollander & Son. Postal T&C pf 7. 102% 214 4 TREASURY CERTIFICATES. 112',. The 51, per cent issue com- % 8% 3% Household(t4).. y Postum(3).. 6% » s e D e - Main 2100 925 15th St. N.W. Jed 107% in very light trading. An 55% bale Houston Ol. . Prairie Oll&Gas. 61 latest auarterly or half-vearly deciarati (Reported Ly J. & W. Seligman & Co.) A . NOWL i Allway & Electric preferred 664 6513 Howe Sound(4) Prairfie PL 3%, B6% b6% % | . Unit ‘of trading less than 100 shares. i Tar & Siler. odd lot of Rallyay & Electrlc prelcrmed | puynbnGas(s). 1815 181% 179 Hua Man(3sy - 3 |PresseasticCar. 21% " stock. >4 Plus 1735 1 e i:'.mxemf“'rracflnn changed hands at|BrownShoe(2%) 43 = 43 = 424 42%|Hud Man pf(5).. Produ & Refinrs. % id this year—no regular rate. b Pay- 3 ; Capital Traction ohaeed P National | Biown Shoe pt 7. 1174 1174 1174 HRtson A by . Producers&R pf. ble. Whe. Carned. e Fasabie ia chsh " oF . 13 19 THERE IS NO SUBSTITUTE FOR SAFETY 7 Investment preferred sold | Brunswick B(3). 46l; 46l 45% Hupp Mot(£32)..; Y Public Serv 2.60, % 82% | Stock.” € Plas 10% e Pias 6o 19 Mortgage & Inves Brunswick Ter.. 29% 29% 29% | Pub SerNJpf(5). 95% ock, r i Plus 1932. at 5%. s ‘,‘,{.‘,"3’;“:}‘:’.‘3;' Pub Serv pe(6).. 104% tock. & Plu it uc: eV » " e I e Pwounce the | Bueyruspr(:. 111" 111" 1143 1143 Indlan Refinin. Pub SBAQ picE) 108 lice, Clear Biores common stoek. ¥1is | FOREIGN EXCHANGE. S Buff R&P p{(6).. 100 100 ndian Refg ctfe. " S i opening of a boardroom to carry New| oo ro A8). 109 109 Ingersoll-R(16). Pullman Co(4).. 8 (Quotations furnished by W. B Hibbs & Co.) York Stock Exchange quotations in B)e. 30 20 Inland Stl (3%). Nominal goid Selling checks A - . . . their Washington office, on the second Ty 100 100 Inspiration C(4) " P PENNSY FIRM TO MAKE London, pound e R sf}dfi% Hydmstatlc Ruins Tloor of the Woodward Building. Wil- 100 1 InaEaCDR GO 3 ; London, floon W. Mackall, the local manager and :,'::;":f:‘:,(‘::f’ . Int1 Bus Ma (83 B R : SECURITIES PURCHASE m’)““' i L ‘:Z R e, 17 : 11 a member of the Washington Stock Ex-| g o 700 de(7).. 108 108 108 Int Cement(4).. 9 Radlo Corpn.... change, announced that the step Wasip, ., merpe(7). 1133 1 Int Com Engi(2), Radio pf (B).... A e a p . taken to take care of increased business. | LUt Co b g 1asy 170 e Int Harv (2 ). Radio-Keith (A}« PHILADELPEIA, ~April 25—The | ilbin; ¢ad : Colossal ruins stretch across the Merritt O. Chance, torngier city lp::n; Butte & Sup(2).. 8% 84 8l 4| Int Harv pf(7).. 141% ReadingRy(4).. 1 ::nmgdvu{:hu il::;lma;: ufr?' um;:r e | Vlenna, p valle of Haly from mountain R T e et f B T M hpriae. 2| Rendlapanay.s il Tows of Delaware.of tte Pennroad|P own (ni s L y of the - 10| 3 (7). 112 112 nt Mer Marine a t . . lonee .y ;% nt N X 1 60 Mo! cone ] k p x matic stoking furnace. Calif Packg (4). 7% 75% 74% Int PadPoA2 40, 3 %914 | Republic Bra 3 itles of any corporation or other agency, | Stockholm, ¢ k elers marvel at the genius of the The Chesapeake and Ohio Railway \é“'l‘:x::': :A':tzl 5 “‘g!« 13:: wzjva % | Int Papr & Po B, Rep Brass A (4) including those engaged in trnnsponb.:- kv opoerosemmn, ancients. Yet the remains of these earned $5.75 a share on common stock | Calume! % m%'. o ‘g* Int Papr & Po C. 3 Repl&S(4).... tion of any description on land, wa e SHORT-TERM SECURITIES. h adeiiiiin staidiani n mone: s ke periot S 00 MR W08 | cenDey, 1836) - i ) Buose o). Sailtbads, U Vithout POVEr 10 OPEIRE | (meported by 4. & W Selleman, & S3 by le like per) J 2 Int Prig Ink 2%. Reynolds Spngs. Y . ot . - i e m‘rfl;;l";idfif- e ) i Int Prtg Ink p?o ney:fx‘;l-d(gl)l:(.;g. o as stated there was no rpg;:fi:: Alis-Chalmers o, 5s 1037 To01% ment to a blunder, eclart e regul = Int Tel & Tel(6). 3 Richfiel . American Tel. & Tel. Co. 4 dends of $1 on common and $175 on) CaroClinsO(4). 84 8( 84 Thter Dept S(2re RioGrande Oll 2. should acquire existing investments of | Asconida Copper Min: 4 1053 preferred stoek, both payable on June 1. C“““h_D‘:“' 32 82 82 Intertype(t13). Royal Bak P(1).. the Pgnmi'lvmla company, s\:{c s P e s o it The auditors section :ieglfigb'.’:kffi 4 3 Jewel Tea (15) Royal D(a1.336) o AL ';;%o{f&f but | el e of e dogs..: 1001 The Romans didn’t know thaf a sin- assocl on mee! B y 3 ‘alifornia Pef S . o Johns-Manv(3).. Saf @ available dian Nat. Rwy. 4 ;99 4 e served The season’s closing Institu rum o ¥ % e Pennr rporation wi ci k Island 4s 1934. 2 was a complete success. A full account | Cerrode Pas (6) 100 102 Kan City Sou(5) St Jos Leaa:13). i | an authorized issue 0?010.000,000 shares | Chile C .58 1947, B o8 heard ‘of the principle that water ¢ Undersecretary Mills' address ap-|Cortain-teed Pro 221 StL & San Fr(8) of common stock without value, of cki 3 5 8 Dears elsewhere in today's financial| CertoCorpn(d). 7 67 65 StL&SanF pe(s) 6 which 5,800,000 share be offered | Gen. Mot Accep Corp. 8¢ 19 : will seek its own level. speenon Ches & Oh10(10) 225 225% 224% ; StL&Southw 1 first, to stockholders of the Pennsylvania ne: 5. Z 1 C& O Corpn(3). 88 6 StL Swn pf(5) Roalroad, each holder of two c:chuumm $joodn ta N Hiaven: Ralrosd. sommon | Cbi & Alton pt. i A Suvaxs Armaci] the. Pentylania, Rairoad Co. being it b : A si00k s niow selling a4 100 for the Nestl ey o1 weat oo 8 | Kandatl pf (6). . % Schulte pe(8). L ke e by nat Match Corp! ,’, ; Capital may be said to seek its own Senators Glass and King Tanciaben- Ghi 111 & StP pF Kinney (G 100 . Eheti Pion o.?'gi:, e H . level, too. A fair return with abso- nney 3 Co. 97 Simiation in Gongress aimed t siock | Shi&Nwn (1), 844 4 g% |KinneyGRyris 27 2w APy } 1553 EARNINGS REPORTED, | Sinsiair, Crude ol Co. stas 1038 g1, oot Iute safety to the principal is the C. . R. . 48 : A . 102 speculation and the diversion of the iemoey BRLE)=so SRR St BOUR L 19 oo a2 golden mean desired by all investors. t D) % 6% Mo- | ’s it to Wall Street. Kolster Radlo... # NEW YORK, April 25 (4).—Reo Mo- | 8- I do 198 08 Nnt‘l;\n : c:flmm Al 100 100 Kratt-Pho(14). S e » tor Car Co, ended the first quarter with . 55 1932, 8 2 The 6% First Mortgage Notes sold resout ' ° 5 through Swartzell, Rheem & Hen- ts a . of A A resciution {o expunge from the ) 5 Kresge (1 5, | Snubert Tha(E). ;S | Shart, contrusted with net lossof s06408 | QRS DEie G &G L stockholders' minutes of tWo Years ago | Cprysier Mot(3) " Kreugwra Toll SimmsPet(1.60) 324 in the 1928 period. M e Rt o sey Company give this assurance: the record of a resolutlotztgsondemnm( City Toe (3.80). . Kroger Grotcl). Sinclair Oll 12% Childs Co. earnings in t&e first s the mmr; L'.";'e mfii; ege ch'; ',',’:{{: City Ice pf(6%). 103 (8 ) :er ecéu’-{efi :Ly::r ::o e common, | 01 T12ENS ASK RAILROAD a steady, safe. income, backed by Nickel Wi . 229 " . Ol was unanimously sdopted at| Gnoioen sy 2% 2% 22y 1 ENewton Stecl. Go. had first aurter| STATIONS BE RETAINED the policy which has made our Richmond at the el Stockholders' | Coca-Cola ().« 4 Cenigh PCBET) 110 110 S CalEd (1) B0t ’fé%.".’.%.u"‘ 3 ::g":“fium?oog; Special Dispatch to The Star. record: SIXTY YEARS WITHOUT meeting e Chesapeake Coca-cola (4) 1 3 - . Rail Lehigh Val Coal. 23 Sou Cal Ed(rts). 3 3 3 | common against $3.35 on 100,000 LOSS TO AN INVESTOR. he” resolution was Introduced by | Sol ger i Irom Leli Val C pf(3). é = e R t L Commisst 4 George S. Kemp of Richmond, on be- | Col Sou 2 pf(4) 68 | LenighVal(3¥) Ffen it fl’“‘, s _”m"n half of Mr. Kemp, C annvt-xll‘z asx_fg; Col Gas (2) 5 (1% onc @ L'f:;:"_l:"‘;' 56 - $1,406,194 agains : . tine, J. Luther [oon Col G&E pfA( 4% 7 Wi, Sl o mohimond: scng 1o | Comm Orash 19n 3in 101t | I &Mrre 8 s Mgl 6 v ot , SWARTZELL themselves and as a stockholders’ pro- | Col Carbon t4%. 140 141 137 EAels (8 A 4 6 R SL207T3A contrasted with. loss of Y tective committes™ which was formed | Com Credit (2).. ‘534 53% 6l% Clauta Car 14% {| Sparks With(3). 194 §1.025.006 in. 1097, The toute passed Q H e a reroat Shorators, Trom | Gom G pEBG, 264 0 5% Loew's (1), Svear & Co s [ab gai| Americen Bosch Magoata orporation S HEEM & ENSEY fD cting the proj ‘merger, Com Inv Tr($4). Cipbrcr e Yo g ’ reporta e 308, On from Irving E.| by Com Solv (h8). . a22 ellA) Spen Kellog 160 714 Apsinitor]. 16t Vb TRt . mayor of Sykesville, and MORTGAGE BANKERS : Spicer M1g. Buckingham, Com Power (t4) 142 143% 139% D the City Council asks for a hearing on (DG Department of Oommmerbe R | Condepiaetta).. 69 ‘63" €8 it it the before the ’ 727 15 STREET N.W. Congoleum-Nair 24% 247 24% u March were 93 per cent of. im oM bl Louts GasA 1.75. 40% swot:g?. s 87 i ! ¢ : T | X WASHINGTON D.Cs [ cent in Ma Cong Cgrs (5).. 80 80 79% Tiouis & Nash(7) %- were 72 per c-nugn-n BTW NTH BT umStl 59 pex ognly FapCigprptie’h) un 934