Evening Star Newspaper, May 9, 1929, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, THURSDAY, MAY 9, 1929 FINANCIAL," it - CURB SHARES GAIN AFTER EARLY DROP Relief of Credit Tension Is! Followed by Resumption of Advance. BY HARRY H. BECKER. Bpecial Dispatch to The Star. NEW YORK, May 9.— Lower call money rates checked an early reaction which temporarily unsettled prices on| the curb exchange today and brought about & substantial recovery all around. Before the lending charge Ww: marked down the speculative element seemed to show real alarm over the 14 per cent renewal figure and offered many issues in heavy volume. Although there was a fairly general reaction, this | failed to produce any real liquidation and when pressure lifted quotations re- bounded readily. Although the transfer of the most popular recent utility issue to the big board took some of the zest out of the group, it did not hurt volume or dimin- ish interest in stocks like American Superpower, Electric Bond & Share, Allied Power & Light and Electric In- vestors. Most of these turned down- ward after initial buoyancy and the last named was the feature. It climbed sev- eral points on top of the recent big rise, but subsequently came down 3 or 4 points. The deelines in United Light & Power A, Southeastern Power, United Gas Improvement and American & For- eign Power warrants were more abrupt. Reactionary tendencies also appeared in aviation shares after Fokker and Douglas had reached new highs. Strength of Fokker was especially sur- prising, in view of the denial of reports that two concerns were fighting for control of the company in the open market. Douglas was influenced by fa- vorable expansion news and its current high rate of production. Although sell- ing affected most of the other: airplane issues, declines were small. Better exhibition of the oils on the 8tock Exchange was without effect on related issues, the majority of which were comparatively heavy. Lion Oil lost part of its recent strength in the face of announcement that a block of the issue has been listed on the Chicago Exchange and predictions that earnings this year would be more than $6.50 a share on the outstanding stock. Trans- continental Oll preferred rose several points to a new high peak. while New York showed no effect whatever of the recent dividend declaration. Markets at a’ Glance NEW YORK, May 9 (#).—Stocks heavy; General Electric fluctuates wide- ly. Bonds irregular; foreign issues soft. Curb irregular; Fokker Aeroplane at new high. Foreign exchanges irregular; Japanese yen slump 10 points. Cotton easy; beneficial rains Texas. Sugar steady; improved spot situation. Cof- fee lower; disappointing spot demand. CHICAGO, May 9 (#).—Wheat weak; expectations bearish, Government re- sofl, Corn weak; large stocks Nebraska. ‘attle steady to higher. Hogs higher. Baltimore Markets @pecial Dispatch to The Star. BALTIMORE, Md., May 9.—White tatoes, 100 pounds, 1 50; new pos toes, barrel, 4.50a7.75; yams, barrel, 2.00a4.00; sweet potatoes, barrel, 2.00a 3.75; asparagus, dozen, 1.25a3.50; beans, ‘bushel, 1.25a2.75; cal , hamper, 65a 1.15; carrots, crate, 2.25a3.50; celery, crate, 2.503.75; cucumbers, bushel, 1.758 3.00; lant, crate, 2.50a4.00; kale, byshel, ; lima beans, bushel, 3.50a 4.25; lettuce, hamper, 50a1.25: onio) 3 ll.gon.n: Spring m}iom - .15; peas, hamper, 1.00a2.75; pep- 3 0a4.50; radishes, hunmd, 1.50a2.00; spinach, bushel, 30a85; to. matoes, crate, 1.75a5.00; apples, bushel, 22.00; grapefruit, box, 2.0083.25; 5’, 1?“' 2.25a4.00; strawberries, a15. Dairy Products. Live ullry—flg chickens, pound, 35a47; horns, 34a42; thin and poor, 25a28; hens, 35a36; Legherns, 28a 30; old roosters, 18a30; ducks, 20a325; guinea fowl, each, 5021.00; pigeons, ugu'[’n‘—.“lioelpu 1,910 cases; native and nearby firsts, free cases, dozen, 20a 294 ; current receipts, 30232. Butter—Good to faney creamery, 50 lsdes, 35a38; rolls, 33a35; store packed, 31a32; provess buytter, 42a43. Hay and Grain Prices. ‘Wheat—No. 2 red Winter, garlicky, | spot, 1.08; May delivery, 1.08. | Corn—No. 2 export, May delivery, no quotations; No. 2 yellow, domestic, spot, 1.03a1.04; cob corn, 5.50a5.75. Oats—No. 2 white, domestic, l:ot, | 60: No. 3 white, domestic, spot, 57a58. Rye—Nearby, 1.00a1.10. Hay—Receipts, none. While hay is arriving here in limited quantities only, it is more than enough for the demand, which is being supplied mostly by truck from nearby points, a few carloads be- ing received. There is not enough busi- ness passing to establish prices on the varfous kinds on merit at a ra: of 14.00a16.00 per ton of timothy or elover hay. Straw—No. 1 wheat, 12.00a12.50 per ton; No. 1 oat, 12.50813.00. By the Assoclated Press. NEW YORK, May 9.—New securities offered today include: Two million five hundred thousand shares Curtiss Airports Corporation capital stock, without par. value, at $12.50. Twelve million one hundred and fifty thousand dollars Merchants & Traders’ Bancshares Corporation class A partici- pating and cumulative stock, $10 par value, at $13.50 a share. Nine million dollars Gulf States Utili- ties Co. first mortgage and refunding 5 per cent gold bonds, due September 1, 1956, at 94 and interest. Three million one hundred eighty- seven thousand five hundred dollars Lioyds Casualty Co. capital stock at| $37.50 a share. | One hundred nineteen thousand two ‘hundred shares Cable Radio Tube Cor-| poration eommon stock voting trust cer-| tificates at $16.25 a share. { Two million one hundred eighty-four thousand dollars City of Paterson, N. J..| 43, per cent bonds, due 1930 to 1969, to yield 5.25 to 4.35 per cent. Six hundred thousend dollars first, (closed mortgage) 6 per cent sinking ' fund gold bonds of Rhode Island Chain Store Terminals, Inc., due May 1, 1938, at 100 and interest. Eighteen thousand shares Viking Ofl Corporation no par $2 cumulative and participating preferred and 18,000 shares no par common, in units of one share each, at $31 a unit. Sees Successful Year. NEW YORK, May 9 () —L. W. Bald- win, president of the Missouri Pacific Lines. saymthat reports from all sections of the South and Middle West indicate | substantiation' of earlier predictions thai 1839 weuld be a mast guceessful yeer for the s-stem. H'gh wa °r in the Mis- | sissippi has not troubled Missouri Pa- cific end last year's track-raising pro- £ram hes mut-the property in eandition to func icn gt 100 per cent, Mr. Baldwin | reports, " Sales in hundreds. NEW,YORK CURB MARKET i nrioen Acme 62 Acoustic Pro 1 Aero Sup M R T 26 Amer Superp B.... 15: D 603 Amer Super pfd. ... 3012 31k 1 Repetti Candy c: | J S dad : 84500200 bards Totes'and bark o eadache Teturus Radio 20 o e A Baltimore. This will attract the best | $84,000, nds, note 1a Armetans. Oock e en- And women of the cast, | 8head of $150,0000,000 commion stook. o i A north and south. Thousands of dollars | Its loans carry a low rate of interest so it iy o dengerons heart Sepras- 20 Asso Gias & EI * i S will be spent in gasoline and tens cf that the company has been able to TREASURY CERTIFICATES. | sants take safe, mild and purely vegetable 9 Asso Gas & EI deb rid 1 Bussek's Fifth Ave. a8 thousands In railroad fares to get them | Show good earnings on the common ES. | NATURE'S RENEDY and gec rid of the FANERNE &le: o o} ARG i there, Nearly every woman o attends L o R carnings | 5, PO U7 . & W. Seligman & Co) | o fice R Yo bisioasnes. sick heas: 2 Atlas will have either a new frock, a new hat | mata—Maturity Bid. Ofter. d jon. 21 Aubarh A il ome other plece of méw weatug | than any other packer. In the last sev- | s’ une 15,1629 ... | e e G a P 10 Aviation Co of Am 140 Aviation Corp’ 1 Aviation = Credii 'y Babcock & Wilcox. 3 Bahia Corp 5 Bellanca Airc vij 4 Bendix Corp n 110 Bendix_Aviat wi.. 81 Beth Steel 1ts wi 55 Briges & Si Brignt Star Rlec 5. 1Bruce Co .. Tosur Secur . 6¢1ns ehare Corp A 1int] Prod .. ) 43nt1 Brotect 1 wi . 11ntl saf Raz B i occasion as the two outlined above, 30 since more people will come in motors, ,g 1 but 'ivm herde :ged lklrpknr'cl nl;s ’;_z'iln i experience a decides c] lorward. 3 N ‘§§ H befing wil be_ confined to_individual DevoeVelourFiaishgivuam wagers ween riends a . 1% 2 ex:lc?;& but the aggregate sum spent walls the loveliest soft finish 3 o 7, 370, wi enormous. 4 - . 1§§E§-.§"’,§‘i‘:,:,’,'£%'}z 3 ‘g,‘ 3 i) f mTGhere are some wém)?l Ar;xln'lnnsdnr.w you,hm ever seen. Un\nual r..... S0 L 3Cop Bessemer pid A 80 50 80 8 1 ERAL B N L v v 2 98 1 probably will make an effort to see the 3 SopnEm M W T M u | Tunning of the English Derby at Epsom co‘o“" -+ €asy to l’?’ % e, 1 3% :z H o R costs ‘surprisingly little! H: 8, { 3 H 3 c&Pwo b5 A ‘55 8 i i 1 FR N fi" §o ] W 1§ Wetin élv?'l,s-".« 190 18 3 Salesin FOREIGN BONDS, lll Do:‘hl.‘r' }«’l‘r’crfitu Uni Plece D‘!l 10 mnijglfle' “or Ba Ts '46.. 94 " B -y S § g e e B, LRI BB 4 Burant Motor G5 “ARbestos... .11 13 Ba i 30 ! i 9 : 2 NNE . VAN M. ugfl"' t h’ 9 1; 1 A oa:. 130 :;‘l’l_ BY KENNETH S. VAN STRU! 1El o it 1 0115 1012 ig1): | NEW YORK, May 9—Profits in the 98 bof o 10 By B !S.,, meat-packing industry vary widely prin- -« 22 ¥ iy Hd ;}' 108 cipally because the prices of #s prod-4:\ - go o 3 H §2 2 |ucts fluctuate 50 unpredictably. This| e [ » 3 % |is accentuated by the fact that the oo *iod 1 g g |margin of profit in the industry is small gul fi o e <L 8. 8 g\d‘ um;:dmou companies are heavily; 3 ] p y ol % ] I3 f 2 9 95'3 | The meat packers are wholesalers as st Bla 36 e 6" | ventories, for which they need consid- Giovas R Cibes "R B R 39 Pokker Al Am. s g f 91| erable sums of money to handle cur- sty Sl . B. Rector RPN cecin B 9% %8 i 1 773 | rent business. Most of them borrow 10th St. N.W. 5443 Conduit Rd. N.W. 3 Ford Moter Lid. ... 181 18° 18" 54 3 i Tois | heavily at the banks or in the open E. C. Dunham John Sawyer 78" 8 T8 - ’ 96% | money market, and in addition have d Ave. N.E. 1917 Nichols Av 3% 1% 1t 3 o 39y, | 1arge " issues of bonds and preferred Hardware Co. 201 %% 20u 3 § Mor Dot 12 i e stocks K;uund:‘r:. B&:wflu to' the s Aye. N.E. 3»'": 35:’ 3 . 4 :M‘Bfi-n .l_'lte s 530 & 9 Z‘f‘é’imm.’."fif \he combion are. very | Leadbeater Drug Corp. o e jond TEL 9 Wimer 'x:ul o 1w H ST i B 70, |erratic as conditions in- the industry Alexandria, Va. : ;Q;: ;5?2 ;}g “Zenfth Radio HUR } 33‘: change. e 1 Armour Heavily Capitalized. 14 . ; :g §$% | with its acquisition of Marris & Co. I 1™ 1™ 8 |in 1923, Armour became the largest of 3 2 1 1% 4, the “big four” Chicago packers. The 42 L 4% ; T ul" 12! = present company, like the other large Ger ii'ee 08 I o 1A I‘ 15 packers, is an ougrowth of & business 368 2o i # 0% 8 9 33" | established many years ago. Directly 360 B NP B G T it W8] LR 8 | or through subsidiaries it now controls 1 Gilbert 8 B 4| wiWhen issued. I" packing lnd‘ chold-mmc nu;‘- 7% 1| =n jarge number of by-product plants for i‘ B 4 the m’ u:tuse of luchle;:odmh“'u ns H H soap, glue, sandpaper, cur! and ] il nilt | COTTON CLOSE IRREGULAR |exfier: % Terilier pimi: o et of 18 18 1 {1} % | NEW YORK, May 9. (Special) —Re- | -3 40, | ports of rains in West Texas, prospects | 20 i i Por clearing weather in the Eastern belt ARME Uk Iip 3 Rosn :.rl:lt:,:p- C qlv, 48% | and weakness in grain evidently over- (54'_ i AR Rt B b a1 i | o e s trom o | 13 nthony Gol s | ton markel ay. les from I R 3 o B 9 94| opening deeline were followed by re-| ol | 'I 3 13001 Velde A 0 i newed weakness. Late fuctustions'were 'll I CUDAHY 3 r ar w! lose 5 Dtan Mt 45 47| Dalnta Jower except March, which was It il 31 Yemaon & ;[‘ ,h |3 pointa hilher."gu spot market was | 1 160 L unehanged at 19.60. oA’ Wetaniés” ‘4 /M gfll,fds'l'n INDEPENDENT OIL 8TOCKS. i 9 Houdaille Hershey B 54 28 Am Con OIlfds. May bold, Finsa ptd 6 Am Maracaibo O 5 ' of Del 75 1ATio O) 130 e = o S5 Earib Byid . H i jodust BeAREs Sl 3 il 3 Insur Go N A ..o ” WILSON{- 5 ntl 8h n an ent All 'St Ser vic 13 S A i tages B g’:’, ‘ent St El cony pfd. 136'z 136'3 13615 Gent Sta El pfd ww. 84 84 ntern T niern By 2 3 Interstate Hosiery .. 30 or Tel. jaltimore Ohio 4}a nvestors Eouity . 104 Intercont Pe H i tavian Pet. Corp. Chuty i e RN i e e Eansit i, oy 33 Sl e st 1 a0 e Go K -~ Y 3 with a completel - . te L | 1 noc'fx“z;fir..‘a 2,0 tegrated meat_packing unit. MAkenyoo“::d‘,‘;.,,‘he ::;lsd;shio u please. M;_ 175' New York and g 1715 1713 | Onile Copper Co. I rmour’s earnings fluctuate widel: 3 re 1s time e igt Ameri il i i Gy ey e e ehe 10 because of the need to bulld up large for sightsecing at every port durin, Li ry'or;msm e . & g ORgot. Accen. O inventories when cattle are brought to th 1 i+ 8 ner sails from Seattle and Victoria, i T | General bel“Core market and to hold them over until e regular stay of the ship. Acany B. C, for Yokohama, Kobe, Shang- Igvs 13 | Goodyear T & R, such time as the demand for meats port that particularly interests you, hai, Hon i ¥ d R 2t it | qulronof arises some months later. In this re- stopover for one week. k o mBsuk aets andieund B 8 i spect Armour resembles all other pack- ne week, two weeks the World. ek a2 A e ers, but Armour’s earnings ‘Auctuate or longer, continuing when you are Fortnightl ili f Doll 2 Lousians Tand & £x 121 1178 12 11 gven ::ng;ec\::)?mv than most, because of ready on a Liner exactly like the one Liners fro%n Nan\l/::E‘i; Caljfo:: o e e H 5 Wi [ o ¥hercas nel earnings have Suctuated grilo ooy nia via Havana and Panama. .1 Mangel Strs 4 r. Mt. . Rwy ween an million in the I oun i i i 13 Manhattan il | 3 Wpsdie e L T R seven years, earnings on the A common BRI0 L e i ey ol shourilymam o Pra E 1! Lot i Sales STANDARD OIL ISSUES YR, | Unilon Oil Ce. of Caiif ' {638 ve fluctuated between a loss and a : ys o, if you like, take the ident Liner. Broad, glasé-enclosed NG Bt % e 8 | gee, SAUDARR, Clf AR NpTOR- | Ut i Bl U B2 ELch eat iy S s acs i st 4 sl S - McLellan 8f 93 1700 Anglo_Am Ol . p 0 pay bond, note and i 3 1 i i ) . ,kfi:‘:.‘::"’"c...':"’ 4§ s x’&'«;fla::‘r; B’é‘;‘;‘mhfi 15 33:_ i?’q" Wheeling ,itrrrlrci!rg..b s 1046 3;3‘,:2:’:&?‘3 ;‘gm:‘:‘;u ‘:,’; AL ‘p:n:ils ere lsf:;mros;:;(:erhlch :ds. notl b}::;l‘g. There is a vim- ¥4 "y len on ti such . n, . 1 etrg chaln 8 100 Bucke: 10 | GERMAN BONDS AND STOCKS. |preferred, which is cumulative, -;E: Every week a palatial President dgbl:aoot'fixll xcmo'mse:;e ok 20 Mid West Ui 3 B BT 6y D (REetll) company must earn more than $20,000,- Dineciahich e and beautifully appointed. The cui. i ‘.fl‘ I8 ot ) May 0 (Bpeclah — 000, therefore, to cover these fixed '.';"‘" 'L:S:”“ Steamship Line sine has for years a favorite of char 3 rom - 28 Minns NoR, i 1 S NI W™ e snoe | Tan year, ssmnings of ot T8t et ngelesand San Fran- world travelers. 3 Mohewk Hud Pow | imid ey 8 cer “dovi Red 'Lean without, " oo lion showed $1.13 on the Class A com- cisco for Honolulu, Yokohama, Kobe, The entire trip, First Class, includ- 3 Mohawk Hi ’ ot el b wi: & hered Ber million. marksy . | mon, which is entitled to $2—before the Shanghai, Hong Kong, Manila, Sin- ing transportation, meals and accom- | 330 Inter et Lid 83, 33| namburs 4han 1019, Do .. .0"28/00 ‘35.00 | common is paid snything. n 1 Py i ikt - §00 Nt Transts . 4% Guoted ¥ péi- thoisand marksd [SOTLOR 18 DAl A e Bl gapore, ““"sv Colombo, Suez, Port modations aboard ship, costs $1250 s ajihern P L 2. we 9 ls):;m‘nh% 9.0 225 “500 | ings on this stock depend, therefore, to Said, Alexandria, Naples, Genoa, and up. > g goiar ;:fi: zs;- ; 3¢ | Hambur 8s. an unusual extent on the trend of meat C Am MEREH ANTS PI.AN [ tvidends on snis e, Earvings vow. | WHEAT CLOSES LOWER. |HIGH MONEY_RATE LAID the A Slock before, the semmen wil| CHICAGO, May 9 (P —New smash-| TO GRAIN SPECULATION I | pany has shown earnings on common N8 down of wheat values today carried | p_ . pgcociated Press. only'in 1926 and 1924 and dividends on | all future deliveries to much below any . NEW YORK, May 9.—One of the FUR HE AVY s A that issue seem quite remote. bottom record heretofore met with this | theories advanced for the persistent L4 Received by Private Wire INDUSTKIALS. 18 Nor Sta P A.. 16415 164'; ) k ! 1 o BN C R season. May delivery of wheat went down | steel......... B8, Yoo G0t | 1 Northwast Enere . # N IiDSionI O to the lowest price at this season of the | Stringency in the New York call loan b (i % An Cudahy is lo{‘tm;mt: 1;1:0% only]l!.nlhm;— ;lenr since 1914. Selling was on Il\ market is that funds have been with- ] 5 Bate: ing a comparatively simple capital set- | large scale, and cattle chiefly from ¢ Mt i} 13 Bolf - 4 1p, but also in that its widely advertised | wheat holders continuing to let go | R e e 9% 18 Bel Millions to Be Spent in COn- |“0id Dutch Cleanser” is the largest | ownership that of late has meant |t bolster up weakened margins during 1 Car 4 selling cleaning powder on the market. | heavily increasing losses owing to big | the recent decline in prices to the low- g nection With Approaching |t is said that Cudahy's relatively stable | supplies and relative slowness of ex-| est levels for this time of year since | e earning power is due in no small |port demand. At todays bottom figures | 1934 May wheat has dropped about 1 18 measure to this one product. | the wheat market was off more than| oo E ot | 16n SpOl‘t Events. Cudahy has two 1ssues of cumulative | 30 cents a bushel from top prices cur-| 28 cents a bushel from its high .of 30n preferred and an issue of bonds ahead | ren® last February. | the year. It is also believed that farm- 3Ciz PRNORE= S S, 5f the common. This last year bank | Wheat closed unsettled. 3'4 to 4': “ ers are unwilling to sell their holdings 1Cin s A . Y loans have been increaszd quite sharply | net lower: corn, 23; to 4 down: oat: at the current prices and are therefore 3 i 5306 BY J. C. ROYLE. i & - SRy SR 1 due to plant expansion, but part of this | 7 to 13 off, and nrovisions unchanged | borrowing more than normal at the 188 Jium &3 A (3¢ 108% Special Dispatch to The Star. money is to be repaid through #n issue | to a setback of 15. | banks to finance Spring operations. 1 G 1 SLIE B Gh NEW YORK. May 9.—Coming sport- |of rights to stockholders. | WHEAT | “Bankers see little hope for. ahy 5Cons Tex 88 '41 280 ing events cast their shadows before,| In only one of the past 40 years has | May .. | marked improvement in the supply of sContt G & Fish A58 807 and consequently merchants are scram- | Cudahy failed to earn a profit. Average | ! | call funds in the near future because 3 Benv a Balt L 660 80t bling to get into the shadows. For|earnings exceed present common divi- of the large sums which will be re- 1Det City G 65 A '471051 hundreds of millions of dollars will be | dend requirements by a good margin. quired to take care of new financing 52 .. 80t spent in various ways in connection | Ay 54, the stock, paying $4, vields 7.4 | )7 | planned by several large corporations. with four sporting events within the per cent, which reflects the wide fluctu- | | It is estimated that between now and next month. ations in barnings characteristic of the | December . July about $8,000,000,000 will be Te- These are picked out merely because | {ndustry. Since earnings for the last | OATS— quired to take care of the exercise of their size and prominence make them | six years average $5.74, however, the |jiy . rights which have been granted for excellent_ illustrations of the effect of | dividend seems safe and the yield is | Septemtor stocks and bonds, being offered by, such sport on business, althoigh the aggre-| decidedly better than is available on | December . gate spent on the minor evenis in that | many standard industrials. “.yvr. - ime will be fully up to tHe totals fcr e the “big four.” Swift Has Fewer Debts. | Septernber All of these events are connerted LARD— with racing. More than 50,000 people | SWift & Co. is the second largest meat |} gather to see the runping of the Preak- | Packer. It also has the simplest capital Tess stakes at the Pimlico track in |Structure of any of the big four, with companies as the American Telephone & Telegraph Co., the Baltimore & Ohio, Chesapeake & Ohio and Southern Rail- ways and Anaconda Copper. 2 Reynolds Metal...... &t Ynelds Mot bt pid ne.. o Spparel. since the gathering means a | eral years it has never failed to earn its | Py of feminine. styles s weli as | $8 dividend, and averaged earnings | equine speed. have been $9.30. The stock is selling on | s eonservatively estima.cd that | the crub around 130, at which price it $25,000,000 will be wagered on this race, {'l;lg!m :.sl 15{ cent and Trlln "r ;lsmau_t | h all of it will not gothrough year's earnings of $9.87. T T T mutuel machines at the Pim- | Cudahy, for comparison, is vielding 7.4 | _Colar blindness is generally heredi- | Make the test tonight— 96 29-32 44 Selected Indusir ine. 2 Select_Ind Inc_pfa §18entrs Safety Conirol 3 3 vic, tary, but the excessive use of tobacco lico track. Whether or not betting is | Per cent and selling at about 12 times 483, . wrong, morally or economically, it will | earnings. may tend to develop it, says a Euro-~ Recommended and Sold by (Copyright, 1929.) pean scientist. 240 Washington Dru, ifattor put a large sum into circulation and somebody will spend a great part of it even if their spending curtails the ex- penditures of the losers. This will be felt all over the Nation, for wagering is not confined to those who a.tend or those in nearby cities and States. ‘The Preakness will be followed on May 18 by the running of the Kentucky Derby. Conditions at Churchill Downs will be similar to those at Pimlico but ’ to a heightened degree. Nearly twice as many people are likely to attend since the pilgrimage to Louisville, Ky.. to many in the south, east, west and middle west is like the journey to Mecca to a devout Mohammedan. ., 13 Singer Mty 3 Skinner Ore 2 Sonal 207 Rou'heast P 18 BES mwarsea-nwSonslnrdutase SnnsSaa. 10, 40 40 Cor ‘Am nBid g8 90 s6h S Am 1st pfd: 1167 1091, 10940 On Decoration day, the motor will replace the horse in interest and at least 150,000 people will go to Indian- apolis to see the great automobile race # 2 . which has become & classic in world y sporting events. The gathering there 2 UL 4 e probably will not be so “dressy” an —owonrDa SHORT-TERM SKCURITIES. | '* Ih n ||h"|'"||||. (Reported by J. & W. Seligman & Co) B! fTer. 10 Alis-Chatmers Co, 86 1037, ... Anmings O3 fure i util_B 5 eSB! okls_ Oii" Am 48 Houston Gulf Gas 29 : ric ioo Southern P L es, & very unstable factor. Dividends COMPLETE INFORMATION FROM ANY STEAMSHIP OR RAILROAD TICKET AGENT. 3 + 3143 & et | ey GoTal 9 3 00 50 10 Nat Aviation ® 2 Nap paption - 4 72008 O Ind ... .. 90 |have been erratic and at present of Ban Tave miver DA 2183, 08 8 B $3s, | phsitiaore 38 7390 | Aividends are-being paid. | . ! @ e 3 s 3 2 am gm Bfd o sgge::z‘ gmfiil“ 12875 '..‘.:\.h"('.a, Bre f‘g # v':’ul::n :l;naln;- l::ctlu-h Widely. | um o n . i about one-fourth the D Y Iy 188 BiEnds B 08 e o o o e AR STEAMSHIP LINE 5 ; Commerz and Privat §9 4300 |usual subsidiaries held by a general b Pyiries a1 4310004 Disconto Geilsehaft s0 3100 packing house, it does considerable | snd Lol | 1] Beriiner Hande! §1'00 | business in Europs. | A M | Bresdner "Bank i305 ! In a reorganization in 1926 the com- | I C A N M A I L l N E hevuerts®y IBa {38 | nanys caplial structure was somewhat | L red al 3 « L N Y, 238 | (here 1:.lnnhiu: %‘;mAm::‘o‘ckI%n.mfl‘d]n& OADWAY. NEW YORK, N. Y. "‘m. or S dividend before the common gets Fhone Bowling Groen $134 O N Foeai o33+ ™ & T ocus he sarcl P hing. 1 ATH AT UNIVERSITY, SEATTLE, WASH, BOBERT DOLLAR BLBG. . SAN PRANCISCO e A rer s o A © “Svifi recently declared some back - > b, Am, L3, i 3% . B &) 1 Cenr-s _h24-° to % idends on the preferred and is mak- ¥ EBestzrn Pow.t Y i 1o March Battie of ing strenuous efforts . to