Evening Star Newspaper, June 14, 1929, Page 14

PRICES AR STEADY ON D. C. EXCHANGE Traction Sells Ex-Dividend at 93 1-4—Gas Stock Demand Falls Off. BY EDWARD C. STONE. In the final trading for the week on the Washington Stock Exchange today in a_quiet market. ¥ declaration of the regular quarterl: dividend of $1.75 r share, Capital ction sold ex- dividend on the exchange today at :,3‘1 for one small M e r g e nthaler Linotype ngain sold ex-dividend at 105, Federal - American National Bank stock moved at 330, Federal - American Co. preferred changed hands at 100% and Potomac Electric Power 513 per cent preferred Tegistered 105%. Washington Gas falled to appear on the board following the announcement that New York interests headed by D. A. Pearson had secured stock to take control of the company. The market closed with 121 bid and 125 asked. While the change in control “has aroused deep interest among exchange members, the utilities interests supposed John C. Yost. to be represented by Mr. Pearson are | still unknown here. Incidentally, & canvass today of Washington bankers also hfl?d to shed light on the new owners. In all transactions to date, so far as can be learned, only Mr. Pear- son or somé New York brokerage house have figured. On’ the local exchange today bonds were in fP\-eny goggl demand, several $1,000 and larger- transactions being re- esorded. Quotations were steady. Mortgage Firm Elects Officers. The Rea] Estate Mortgage & Guar- anty Corporation yesterday, at its office, held its annual stockholders’ meeting, at which the following directors were elected: Henry L. Breuninger, Charles A. Carry, C. 8. Duncan, Sol Lansburgh, William " Muehlelsen, Thomas Somer- ville, jr. . Breuninger, Fred Drew, Edward ' C Emst, R. L. Neuhauser, ‘Thomas Somerville, W. F. Stickle, Ar- thur Carr, T. C. Dulin, Hayden Johnson, Horace G. Smithy, Anton: Stephan and Donald Woodward. After adjournment of the stockhold- ¥rs’ meeting the directors’ meeting was held, and the following officers were elected to serve for the ensuing year: President, L. E. Breuninger; vice presi- dent, Thomas Somerville; " vice presi- dent, Roy L. Neuhauser; secretary, Wil- mer F. Stickle, and treasurer, Anton Stephan. myden Johmn ‘was reap- pointed general counselor. The alrecun declared & semi-annual dividend at 8 per cent r annum on the preferred stock of the corporation 1o stockholders as of record of June 20, dividend to be ayabie July 1. Yost Long at Bank’s Helm. TFellow bankers paid John C. Yost an- ether tribute this week when he was re- elected president of the East Washing- S-vlnfn Bank at the organization meeting of the trustees. Mr. Yost has been connected with the bank for al- most 25 years, or ever since it was founded. "He was one of the original trustees, and has been head of the in- fimuon for considerably more than a years in the National Capital Bank, of which H. H. McKee is president. While Mr. Yost has spent most of his life in Washington, he was born in Maryland. He has always been fond of Nnkln‘ and naturally adapted to 'it. Even in his school days he displayed l.lmoat remarkable ability in mathe- tics, m“he f.:‘ n‘wenfih sgl‘xm recall- hl his lightn! wi es. At a meeting the, board of directors of the Lincoln Investment Corporation, held at the offices of the company in the American Building, it was voted that the Tegular quarterly dividend of 1% per cent on_prefs stock outstanding as of June 21, be paid on July 1'to stockholders of record, A dividend of 25 cents per share was voted on the common stock. A dividend of 7 per cent was de- elared by the board of directors of the Citizens’ uorum Corporation yes- terday, according to snnouncement by ’l’uident Jm!ph Schiavone. company has been in operation Jess than four months and there was considerable enthusiasm over . it achievement at the stockholders’ meet- ing, which followed the directors’ meet- bert N. Harpek, president of the District National Bank, addressed the meeting of stockholders. S. Floria is! ‘vice president of the Citizens’ Mortgage Corporation, and Prank P. Fuller is Sreasurer. Committee to Study Banking. eonwnller John W. Pole is to name special committee of banking ex- m to study thoroughly the nation- al hnunl l!l'n'n and make recom- gress for remedial Mlltlfln W!thdrl'll of banks from the Federal Reserve System has come to be considered a serious problem. ‘The committee will have five or six members, who will represent all parts of the country. ‘The controller of currency’s office is | 360 305 ~Prev. 1929 Stock Low. Dividend Rate. Add 80, High. 38% Abitibi Power& Pap 4 40% 27 Aa Rumley.... 3 38 404 Advanos Rumity pf. 8 88 2 Ahumada Lead. 95% Air Reduction (f3). 374 Airway Elec (2% ). 4% Ajax Rubber. 4% Alaska Juneau. 12~ Albany P W Paper. . 2% Alleghany Corp 991 Alleghany C pf (514) 100% Alleg’y pf rets(5%). 241 Allied Ch & Dye (§). 1204 Allied C& D pf (7).. 166 Allis-Chalm Mf (7) 221% Amerada Corp (2) 104 Am Agricul Chem 40% Am Agricui Ch pt 110 Am Bank Note (13) 40% Am Bosch Magneto. . 45 AmBrS&TF (h1.60). 122 AmBrS&Fopf(7).. 154 Am Brown Bov Elec., 49% Am Brown Bov pf 7 107% Am Can (14) 139% Am Can pt (7 . 3189% ©92 Am Car & Fdy 10 46% Am Chicle (2). 4 B8 43% Am Com Ale (k . 161 23% Am Encaust Til (2). _§ 75% Am & For Power.... 393 88 Am & For Pw 2d pf. 64 Am Home Prd (3. un 38 Am Ice (13). 89% Am Ice pf (6). 3 5214 Am Internat (12)... 100 /415 Am La F & Foamite. 2 60 AmLaFr& Foam pf 308 mV. 102% Am Locomative (8. 39 188% 147% Am Mch & Fdy (4). 50 Am Metal (3)..... .o 5815 67 AmNatGaspf(7).. 30s T4 30 Am Planopf..... ...3108 25% 81% Am Pow & Lt (11).. 120 98% Am Pow & Lt pf (8). 98% 79 Am P&L pf A st (5). 81% 70 AmP&LDfA () 74 40% Am Rad & S8 (13). 45% 431x Am Republics....... 2 48 121% 1061 Am Roll Mill (e2). .. 1145 61 Am Safety Raz (15). 2 32% Am Seating (3). 3% Am Ship & Com. 81% Am Shipbuilding 9313 Am Sm & Ref (4) 56 Am Steel Fdy (3 66 Am Stores (2). 36% Am Sumatra (3 23815 193% Am Tel & Tel (9). 18615 160 Am Tobacco (8). 67% Am Water Wks, (¢1). 443 97 Am Water W 18t(6). 18 Am Woolen. 43% Am Woolenpf...... 9 Am Writ Paper ctf 39% Am Writ Papr pf (3) 24% Am Zinc Ld&Sm © 99 Anaconda Copper. 64 Anaconda W&C (3).. 44% Andes Copper (3)... 29 Archer-Dan-M (2)... 85% Armour Del pf (7). 10% Armour 111 (A) 5% Armour 11l (B) 72 Armour Il pt (7). 19% Arnold Constable. 49% Asno Appl Ind (4)... 48 AssoDry G (2%). 40% AssoOfl(2) 226k 195% Atch T & 8§ 103% 99 Atch T&SF.pf (5). Atl Coast Line mo). ufl% 4% 100% 100% 204 1214 11% a1% 12612 531 531 121% 32% 408 23 80 102 . 205 143% 300 110% 92 213% 170 136 102% 19 4% 12% uv. lfl!’fi 25 210% 1 102 1 185% 3 61 . 350 Tiw . 13% T1% 5315 Atl Refining (11%). 15% 10% Atlas Tack 203 221 Auburn Auto (34). 35% 2214 Autosales g 43% 36% Autosalespf (3) 1 40% =25 114% Baldwin Loco pf (7). 70s 117 183 115% Balto & Ohio (6) 119% 76% 64% Bang & Aroos (3 7* 49% 381 Barnsdall ( 41% Bayuk Cgr 18 101 Beacon Ol 26 73 Beech-Nut Pac 83% 11% Belding-Heminw. 120 84% 81 Belg N Ry ptt (6). 93% 78 Bendix Aviation (2). 93% 75% Best & Co (3) 118% 821 Bethlehem Steel (4). 1428 123 116% Bethlehem Stpf (7). 1 61% 42% Bloomingdale Br. 136% 110% Bohn Al&Brass(t4). 8915 7815 Bon AmlA (15)..... 83% Borden Co (3). Borg Warner (34) . 109% 85 Boston & Maine. 9 Botany Con M (A) 17% 11 ‘2 117% 1 46 114% 4 84% 86% 118 106 8% 34% 340 300 Bklyn Edison El (8 60% Bklyn-Manhat (4) :;‘A 183% 38% Brown Shoe (2 554 38814 Bruns-Balk-Col(3) 444 18 BrunsTer&RyS. 42% 25% Bucyrus Erle (1) 38% Bucyruscvpf (21%4). Buf R& P (4). 808 Bullard Co (1.60). Burns Bros A (8). 22 Burns BroaB... 3 28% 320% 234 _ Burr Add Mch (15).. 2 303% 89% 561 Bush Term (g2)..... 3 86 110% 103% Bush Term deb (1).. 708 104% 91 4% Butte Copper & Zine. 7 41 28 Butterick Co. 10 s 192% 122% Byers (A M). 8 137% 138 104% By-Prod Coke (13) 1120 ) 81% 72'% Calif Packing (4). 136 124 Calumet & Atiz (10). 617 36% Cal 90% 78 265% 218 390 320 (I 1) ctfs (6) 9% 62 lotex (3) . 58% 52% 40% Cent Alloy Steel (2). 46% 1125 106% Cent Alloy St pt(7).. 205 109 Cent RRof NJ (+12). 1 308 88% Cerro de Pasco (8) 20 98% 16% Certain-teed Prod. 2 265% 195 Ches & Ohio (10) 40 217% 78% Chesapeake Corp ( 33 86% 11% Chi & Alton. 3 18 14 Chi & Alton pf. 17 12% Chi Great Western 38 ChiGreat Westn pf.. 27% Chi M1l St P&Pac. .. 46% Chi Mil 8t P&Pac pf. 80% Chi&NW (4) 28% Chi Pneu Tool. 48% Chi Pnen T pt 3%). lafi'/l 115 ChiRI&Pac (7).... 30 Chi Yellow Cab (3).. 38% Chickasha COil (3). 44% Childs Co (2.40)..... u 66 Chrysler Corp (3)... 350 101 16 76% 8 329% 120 28% 230 104% 1 52 6 lu’/- 701 w/. 54% TH% 51l mow engaged in compiling facts and statistics for consideration of the com- mittee. These facts concern branch banking, 'goup banking, individual banking hdrawals and changes in the national system and such other material as the office feels will be of interest.. Jesse L. Suter of Harriman & Co. and Prank P, Morse, manager of Selig- man & Co, who are on a motor trip in Europe, are now in Spain. At last accounts they were visiting Madrid, ‘Toledo and Saville, Again this year the annual conven- $ion of the Virginia Bankers' Associ- ation comes on the same dates as the District Bankers’' Association session. The Old Dominion bankers meet at Old Point Comfort, their favorite stamp- ing ground District of Columbia week will be ob- served from June 23 to 28 at the bank- ers’ industrial exposition in New York, All manufacturers in Washington whose g‘roducu are of interest to bankers and dustrial organizations will be invited to send exhibits. John Poole is & mmber of the: exposition's board of directos ‘The local delegates to the A. I B. econvention at Tulsa have been taken on a 200-mile sightseeing trip through the oil flelds and Pawnee Indian yeservations. Miss Minerva Dean of Pitstburgh has been elected chairman of national women's committee, ac- eording to word from A. E. Henze, head ®f the local chapter. AR R | POTATO MARKET STEADY. OHJCAQO J\Int ll () (United Department re) — ’Oh!oal—-flcclpu 'll new, 57 old; on track 274 new, 88 old: total U. 8. lhlp- ments, 1,060 cars; new stock trading rather slow, market about steady on sacks; weak on barrels. Southern sacked Bliss Triumphs, 3.00a3.25; poor, 2.00 up; North Carolina barrel, Irish Cobblers, mostly 3.50a3.75; fancy, 4.00; poor stock, 2.75 u; old stock trading ‘Wisconsin slow, market ‘about sacked Roun steady; Round wmm. 1.061.15; Idaho 52% City Ice & F (3.60) . 2 20% City Stores (1). 20 2 56 Cluett Peabody 60% 120% Coca-Cola (4). T 152% 724 48 Collins & Atkman. 78% 56 Colo Fuel &Iron.... 80 70% Colo & Sou 1st pf (4) 79% 53% Columbia G&E (2). 88% 64% Colum Graph (29. ll:) 283 65 1675 121% Columbn Carbn 143 119 170 62% 43 Com Credit (2)..... 45 105% 9b% Com Crd 1stpf(614) ‘3708 100% 95 85 ComCristxw (63). 60s 95% 26 24 Com Creditpf (1%).120s 26% 271 25 Com Creditpf B (2). 108 28 195 131% Com Inv Trust (14).. 1 140% 410 22b% Com Solvents (h8).. 29 406y 2181 107 Comnwealth Pwr t4. 234 238 35% 19% Congoleum-Nairn... 13 20% 77% Consol Cigar (7). 17 80% 84 Consol Cgrprpf 615 3208 90 26 Consol Film In pf(2) 19 26% 95% Consol-Gas (3). 898 1194 98 Consol Gas pf (5) 12 98n 4 Bay 7 3 7 140 30% 51 Consol RR Cub pf(§) 2% Consol Textile. 12 Container Corp A 6 Container Corp B 47'% Contl Bakihg A:. 814 Contl Baking B. 8815 Contl Baking pf ( 60 Contl Can (2%) 79 Contl Insurance 17 Contl Motors (80c) Corn Prod (13). Coty Inc (g2) % Crosley Radie (11 8" Cracibie Steel 5. 49% Cudshy Plell.lt . l'lN 136% Curtiss Aero (1). 86 63 Cuyamel Fruit. Diamond Match (8 10% 8% Dome Mines (1) 126'% 105 Drug Corpn (4). 92 62% Dunhill Inter (14). 28% 20% Duplan Silk (1) 198 156% Du Pont de N(t \fi) 118" 115% Dupeotd N dené) 51 340 335 340 40 37% 38 S'I 51 !M IM 1!'% 424 42'. 42% % fi‘/. LY 18, 18 18 33% 34 38% 1004 100% 100% 100'3 100% 100% 289% 201 28015 121 121% 1214 107 1% 414 120 10% 4l 41 124 122 52 53% Al 53 B3 52u 121% 121% 122% 31% 811 32 102 102 102 141 141% 142 139% 139% 140% 107% 1073 107% | 1, 91% 90 69% 43% 93% 6914 43% 93% 64 5 5% 61 122% 124 1561 56% 5B 56% 14 T4 T4 25 26 264 126% 126 127 98% 98% 98% 814 814 801 T4 A A 44 a4y il 12 3815 4 38 211% 212% 212 170 170 170 181 181% 136% 102 1021 162 18% 18% 19% 444 44% 44 12 12% 12 431 4B% 42% 28% 29% 28 104% 107% 1044 63 2% 51 2% Y 43 43 48 213% 216% 212 10214 1024 102% 185% 185% 184% 61 61 61% 69% 694 71 13% 13% 15 285 40% 40% 40% 11434 116% 114% 117% 1198 11T% 72 2% 71 4% A% 41K 101 101 100% 25% 26% 25% 81% 8315 79 12% ' 124 12% 84 8¢ B84 117% 117% 117% 46 46 46 112% 114 113 821 841 82U 84% 85% 86% 13 13 1e 05 108% 1064 8% 10% 32 3% 324 49% 50 49% 63% 641 64% 85 86 87 182% lm 181 101 flfil% IM% lo‘ mua 104'/: lN 4% 4% 33% ’l‘n 34 134% 134% 137 120 120 120 6% 6% 6% 128 1284 325 320% 327% 59% 59% 60 44 4BY 4d% 109 109 110% 308 308 321 93 97w 94 25% 26% 26 216 217% 216% 84% 85% 85 3 1% 18 YRR 41% 43 31 8k 50 50% 2% 834 33u 3% 51% 52 123 123 20% 29 38k 3 53% 53% 4% TA% 51l bl % A 132% ]8!% 182 18% 164 44 01 101 95% 95% 95 264 26% 20% 28 28 27 140% 140% 139% | 398 4065 404 2174 238 21814 205 20% 20% 8% T8% 8O0% 84 90 87 26 26 26% 17% 117% 117% 98 98 98 4% 2% 13 6% 7 13% el Y 1!/. ~Prev. 1939, High. Low. 6% 172 126% Stock and Dividend Rate. Eaton Axle &S (3).. Bl Auto-Lite (t43% ) . Electric Boat. El Pwr &Lt (1) ElPwr & Lt pf (7).. Elec Stor Bat (5) . Endicott-John (5) . Eng Pub Serve (11). Eng Pub Sve pf (5).. Eng Pub Sve pf(5%) Raultebla Bldr (1%). ErfeR R. Erie R R 1at pf. Kureka Vac Cl (4. Evans Auto L($2%). Exchange Buf (1%). 14 Fairbanks Morse (3) Fed Lt & Tre (11%). Fed Lt & Tr of (6).. Fed M &S pf (7). Fed Motor Tr (80c Fid Bhen F Ins (2).. Filene's Son| First Nat Stor Fisk Rubber ’ Fleischmann (13%). Follansbee (12%) Florsheim Shoe A Fox Film A (4 Freeport-T 3 4\». 24 25Q% Wx Gabriel Snub A. Gardner Motor..... Gen Am Tnk Car($4) Gen-Asphalt. .. 4 Gen Asphalt pf (5).. Gen Bronze (2). Gen Cable. Gen Cigar (4) . Gan Electric (16). Gen Elec spee (60c) . GenG&EIA (1%).. Gen G & EI pf A (7) Gen G & Elpf A (8). Gen Ice Cream (3). Gen Mills (2) Gen Motors (t en Motors pf (7 on Outd Adv A (4). 14 281 68 20 3 v Signal (5). G frac (1334).. Gillette Safety R (5) Gimbel Brothers. ... Glididen Co (11%)... Glidden pr pf (7). ... Gobel (Adolf Gold Dust (2 Goodyear Tire,(5) Goodyear 1st pf Gotham StIk H uv.) Graham-Paige GrahamePaige ct. Granby Conso) (7). Grand Stores (1). Grand Union... . Grand Unton pf (3). Granite City 8:1(3) . Grant WT (1)...... Grt North pf (5) Grt North pf ct (5 Grt Nor Ore (al%). Grt West Sug (2.80). Greene Can Cop (8). Gulf Mo & North . Gulf Sta Steel (4) Harhn Dept Stores. . . Hahn Dept S pf(6%) Hanna (M A) 1st(7). Harbison W pf (6).. Hartman B (1.20)... 18 Hayes Bdy (b8 %stk) 17 Helme (GW) pf (7).. 108 Hershey Chocolate.. 1 Hershey Choc pf . b Hoe (R) &Co....... 29 Houd Hersh B (134). Household Prd (14). Howe Sound (4) 60s 108 Hudson Mator (5) Hupp Motor (12) . Indspend Ol & G (2). 20 Indian Refining. . 4 Indian Refining ct. .. Industrial Rayon. Inland Steel (3%) Inspiration (4)... Tuterporo Rap Tran. Intercontinental Rub Intl Agricultural. . Inil Business M (5) .. 4% Intl Cement (4)..... Intl Comb Eng (2)... Iatl Cmb Eng pf (7). Intl Harvester (23%). Intl Harv pf (1) Intl Match pf ( Intl Nickel Cln (80c) Intl Pap & P A(2.40). Intl Pap & Pwr B. Intl Pap & Pwr C. Intl Pap & Pwr pf(7) €9% Intl Ry Cn Am pf(5). ]0- Intl Sflver (18). Intl Tel & Tel new Inter Dept St (2). Intertype (f11% Island Creek Coal(4) 3. Johns-Manvillé (3).. 55 179% Johns-Manv pf (7).. 20s 121% Jones & Laush p1(7) 1208 118\- Jordan Motor Car. 5 X- Kan City Sou (6)... Kayser J & Co (5) Kelvinator Corp. . 4 Kendall Co pf (1674 ) im 74% 56 121% 116% 31k 20 12% 35% 6615 % Kennecott (5)....... 491 Kimberly Clrk¢2% ) 1 Kinney (G R) (1) Kinney (G R) pf ( Kolster Radio. . Kratt PhCh (1%). Kresge S 8 (1.60). Kresge Dept S pf. Kreuger & Tol(1.34). 465 Kroger Gr&Bak(c1). 52 D © Laclids Gasst (5).. $0s 100 Lago Oil & Tran: 3 Lambert Co (8) Lee Rubber & T Leh Port Cem (2% Lehigh Valley Coal Lehigh Valley (3% Lehn & Fink (3) . Liggett & My (15) . Liggett & My B (15). Lima Locomotive. .. Link Belt (2.40) . Liq Carbonie (14%). (2.60) ‘Wiles 1st (7). m- rd (P) Co..... Loustana 01l TouG&KIA (1%). Ludlum Steel (2) Mac A & Forb(12.85) McCall Corp (4).... McKeesport T P (4). McKesson & Rob (2). Mack Trucks (6).. Macy & Co (ct3). Magma Copper (§) Filec Supply. Elev mod (d| Man Shirt (2) Market St Ry pr pf May Dept Strs (4). Maytag Co (12) Maytag Co pf (3) Maytag Co 1st pr(6). Mengel Co. Moexican Seaboard . Miami Copper (4) . Michigan Stl (2%) d-Continent P (2). iddle States Oil. ... Middle Statgs Ofl of Miller Rubl Minn Moline Pwr .. o Minn Moline pf 6% M'St P & S8M pf. Mo Kan & Texas. .... Mo Kan & Tex pf(7). Missouri Pacific. ... Missouri Pac pf (5). Mohawk Mills 4zv.) Mont Ward (2%) Moon Motory Morrell J (3 Mother Lode (40c Motion Pleture Moto Meter A, .. Prev Close. Close. 4 105% 885 135 66 112% % 4 ~Prev. 1920 High Low. 21% 43 9% 118% 20t Natt Dairy (£135). Natl Dept Stores Natl Distillers. tl Dmum-pnv. Copper (3) Newport Co A (3). Newton Steel (3) N¥Y Alr Brake (3). N Y Central (8).. .\ YChi&StL (6)... k 2i NYN HlHn((")-- N Y Ont & West. N Y Ratlways pf. N Y Steam pf (6) Norfolk South (214 ). Norfolk&Wstn (110) . Norfolk&Wstn pf (4) North Am(b10 % stk) North Ampf (3).... North Am Ed pf (8). No Ger Lioyd (3.41). Northern Pac (5) North Pac et (5). Northwestn Tel ( Oliver Farm Equin Offvr Fr Omnibus Corp. Otis Elevator (§) Otix Steel. . o Owens 111 Glass (4).. % Pacific Gas & E (3) Pacific Lighting (3 Pacific Mill Pacific Oil 4 Packard Motor Pan-Am Petroleum. Pan-Am Pete B Panhandle P& R.... Paramount-F-L (3 Park Utah (80c). Pathe Exchang Patino Mines (3.89).. Peerless Motor Car Penick & Ford. .. Penn Dixie Cement. . Pennsylvania RR(4) People's Gas Chi (8). Pere Marq pr pf (5). Phelps Dodge (3).... Phila Co 6% pf (3).. Phila & Read C& I Philip Morris (1).. Phillips-Tones (3) Phillips Pete (l‘m) Phoenix Hos pf (7). Pletce-Arrow A. Pierce Arrow pf (6). Plerce Oil Pierce Ofl Plerce Petrol Pillsbury Flour (2). Pirelli Co A (288). Pittaburgh Coal. Pittsburgh Coal pf Pitts Steel pf (7) Pitts Terminal Coal. 4 Pitts Term Coal pf. Pitts & W Va (6) Poor & Co (B) 12 Postum Co (3).... Prairie Oll & Gas. ... Prairie Plpe L (1 Pressed Steel Car. Pub Sve N (2.1 Pub Sve NJ pt ( Pub Sve E&G pL( Puliman Corp (4) Pure Ofl (1%) Purity Baker Radlo Corp. Radio pf B (5). Radio-Keith-Orph A. 52 R R Sec1C stk c(t)‘ 208 Reading (4) i Reading 2d i Real Silk Hosfery. Rels (R) & Co Rels (R)&Co 18 Remington-Rand Rep Iron & Stl (4). Reynolds Spring . Reynolds Th B(2.40). Rhine West (1.92). .. 4 ‘Richfleld Oil (2). Rio Grande Of1 (k2. Ritter Dental (214).. Rossia Ins (2.20).. Royal Bak Pwdr(1). Royal Bak P pt (8).. Royal Dutch(a1.336) 1 54% el Safeway Stores (3) 168, Safeway Strs pf (7 St Joseph Lead (13). St L-San Fran (8). .. St L-San Fran pf (6) St L Southwestern St L, Southwn pf (5). Savage Arms (2) - ‘Schulte Retail St Seaboard Alr Line pf Seagra: Seats Roevek (12%)" 240 Seneca Copper. Sharon Stl Hoop (1). Shattuck F G (2) Shell Union (1.40). Shubert Theater (5). Simmons Co (3)..... Simms Pet (1.60). ... Sinelair Of1 (12%) Stnclair Ol pt (). Skelly Oil (2). ... Sloss-Shefeld Steal . Snider Packing pf. So Por Ric.Sug ng. v Southern Cal Ed (2) Southern Dairies A .. Southern Dairies B. . Southerri Pacifit (6). Southern Rwy (8)... i Southern Ry p(s) Spalding & G (T.60 Spang-Chalfant. te. Sparks Withing(14) . Sparks Withing new . Spear & Co.... Spicer Mfg. . Spiegel-Mav-St (3).. Stand Com Tob (1).. Stand G & E pf (4). Stand O11 Calif (13). Stand Oil NJ (12). Stand Ofl N Y (1.60 Stand Plate Glasss. Stew-Warner (3% Studebaker (15) . Submarine Boat. Sun Oil pf (6)... Superior O1 Superior Stee Symington A Telautograph (1). Tenn Cop & Ch (1) Texas Corp (3). Tex Gulf Sul (4) Texas P C & Oil (bs) Texas Pac Land Tr. Thatcher Mfx. The Fair (2.40). Third Avenue. Tide Water Asso Tide Wat Asso pf(6) ‘Water Oll(80c) . Tide er Ol pf(5) « Timken Det Ax t80c. 4 Timken Rollér (3) Tobacco Pr (1.40). .. Tobacco Pr A (1:40). Tobacco Pr A ct. Tobacco Pr B ct. Tobaceo PrCet. Transcontinental. ... Trico Prod (2%).... Underw-El-Fish(4). Union Bax & Paper.. Union Carhide(2.60). Union Ol Calif (2).. Union Pacific (10)... TUnion Tank Car(3).. d Aireraft&Trans. Utd Alreraft&T pf 3. Utd Biscnit (1.60) Utd Cigar Stores(1). Utd Cigar St pf(6). . 1'td Corporation. ... Utd Corp pf (3). Utd Pyewood . Utd Dyewood pf (7) Utd Electric Coal(3) - Utd Fruft (c4)...... U S Cast Itn Pip (2). US Cst 1P 1st(1.20). USCst1P2d (1.20). U S Distributing. ... U S Express. . U S Hoffman (4). U S1Ind Alco (6).. U 'S Leather. U S Leather A (1) 'S Leather pr) D((7) 1 S Realty (5) U S Rubber. U § Steel (7) U 8 Steel pt U S Tobaceo (3) % Univ Leaf Tob (; UnivPipe & Rad Uti) Pwr & Lt A (+2) Vadsco Sales....... Vadsco Sales pf (7). Vanadium (14)...... Vick Chemical (4). .. Vietor Talk pr pf(1). Virginia- Virginia- Virginia- Va Iron Coal & C pf. Vulcan Detinning. W- vabash. - 1dBrf Systm (1%) Iworth (1.20).... Ward Baking A..... ‘Ward Baking B..... Warner Bros Pict. .. Warner Bros Plc (n) Warrer-Quinian (2). Warren Bros (15). .. Warren Fdry & Pipe Wess Oil & Snow(2) O&Snpf(4).. West Penn El pf(6) 2 vlan Penn El A (7) Western Union (8).. Westngh Air Brk(2). Westngh EI&M (4). ston El Instru. Westvaco Chlor (2). ‘White Eagle Ol (2). ‘White Motor (1).... ‘White Rock M 8 (3). White Sw Mch pf(4). ‘Wilcox Oil & Gas. ‘Wilcox Rich(A)2% ‘Wilcox Rich(B)e2 Willys-Over (c1.20). ‘Woolworth Co (6) Worthington Pump ‘Wright Aero (2) usu. 1 oo 70 Wrigley W (ct3%).. 80% 3% 51% 135 Yale & Towne (4) Yellow Truck & C. Young Sp&W (12%). Young Sheet & T (5). RIGHTS EXPIRE .June 17 JJuly 1 .June 18 Corp. City Ice Colum Colum Graph . Int Tel&Tel Left Co Mex Seabd.. . Newton St1. . Jui U 8 Ste Dividend rates cash Iaratio (JURIE of trading leas than $Plus 43 in -r-m Sfi}?’nfl- rey 1 §Ble & terred A 1 Spencer Kelg(1.60). . n stock. g Plus l% m sock m Stand Gas & El (3%) 46; L | SR, 109 7 Univ Leat Tob pf(8) 1008 7 n 1 89% 80s 45 40s 74 STOCKS IRREGULAR IN PROFIT-TAKING Market Continues Upward During Most of Day in Lively Trading. BY STANLEY W. PRENOSIL, Associated Press Financial Editor, NEW YORK, June 14.—Heavy profit- taking impeded the resumption of th upward movement in prices in toda: stock market, but operators for the rise brought forward new leaders whenever old favorites showed signs of faltering After a strong opening followed by a midday wave of selling, the market took on the appearance of spread rity by early afternoon but gains still outnumbered losses. Lowering of the call money renewal rate to 7 per cent, coupled with a further easing of time money rates stimulated pool activities. . Banker: regard the low call money rates a temporary and look for another upward flurry early next week and again arouny the end of the month. Rails became lncreutn'ly promlnpnt Shattancoga & Bt. Louts jumped 8 tanooga points to a new high at 215. New Haven advanced nearly 3 points to 11072, the highest price ll.nu 1913. Atchison ex. tended its gain to 4% points and Cana- dian Pacific to 3%, with a number of others selling & point or so higher. Despite heavy profit taking in the late dealings the market continued to point upward with no apparent weak- ness at any time. \Prices resumed their upward move- ment at ihe opening. Curtics Aero opened 3'5 points higher, Union Tank Car 2% and General Electric, Mont- gomery-Ward, Packard Motors and | American and Foreign Power showed | Initial gains of 1 to 1'; points, Bethle- hem Steel opened with a block of 5,000 * shares at 10612, up %, and Nationa) Power & Light ogened with a block of 8,000 shares at 547, up 1%. Retention of the 5 per cent rediscount rate by the New York Federal Reserve Bank, coupled 'I!h Ihe flet that there was no change in the val- ume of brokers' loans l.ut week, cheerful effect on tive lznth ment. Defeat of the debenture plan by the House of Representatives ‘was construed as a bullish factor. | Trading broadened considerably, with ! the public utility, food, merchandising, steel, electric and aeronautical group: all presenting several points of strength Rails also pointed upward. with New York Central and Rock Island in the vanguard of the advance. General Electric crossed 300 for the first time since the stock was split up a Commonwealth Power, tric, North American and National Dis- tillers preferred reach new high ground is the s\lbject of merger quickly marked up 2% points. Colum- bia Carbon. which is re) to have devehped in & few ve- cent strong spots. American W;‘w‘;l 6374 | Works, Calumet & Arizona and 8 29 94 !0' w stngh E 18t pf(4) 1008 43 2 4 5 22 1 2 6 107 4 2 2 6 3 13814 170 541 930 % 38 19% 2% 6% 4% as the above t; Davients ‘Dased on' ihe. latest auarterls or” HaK & 100 shares. P stock. 'm""' by g 2 TOTAL OF STORAGE HOLDINGS INCREASES Dairy Products on Ice. holdings of pm'.lfllly_ by nomics, vnlwd States Department of Agrieulture. Stocks of creamery butter are placed at 28,428,000 pounds, compared with 15,952,000 pounds on June 1 last T and a five mr average of 21,460,000 American cheese a t- Stocks of apples are reported 000 barrels, compared with l?‘l.m barrels last year: 633,000 box: mfl with 1,223,000. hax o] baskets, eompared ‘with 222,000 bushel baskets. - “.flfl,m of that 'nf‘h‘ u‘m.m will be 4 per cent tu series, paying 4 TAtuFing n 1933 to 1952. Ll the two loans, and the bonds wi Swarded On. the basis of the Dighest return to the city. cltyl finances was issued, lbowln%tthe total be K:l’d:u in Auburn. . Au Auburn, Ind. president, are organizing the Cord Cor- pnnum as & holding com lnd 1ts subsidiari BALTIMORE CITY BONDS. BALTIMO! Ji 14 5 une (lbnd&l lllflmorc Ol'y bfllfll. of the leeond Bids will be received for any plrt ol of which was In calling for Mdl & statement of the debt, less the water fund del .lfl,’fl 33638, and taxable for 1929 to be $2, m.au 328. Auburn Hol i’l".co. Planned. NEW YORK, June 14 (#)—It is re- inounced. in Wall street that large n.ock A itomobile Oo. ndbyl.LGoleolk‘ zlnv to ac- & majority of the stock of Auburn les. BONDS. ) .— { SRR EEE e | By the Associated Press. Gold imports et the York for the week ending amounted to. $1,393,000, was . received from England and $143,000 from Latin American :cun- tries. Exports totaled $112,000, $107,000 of New June 12 of ' which sent to Mexico and $5,000 to Trinidad. There was no net chan in the stock of ear-marked gold. - An issue of 76000 no shares of the Waco Auct:l"tr d.:mmon stock interest of the Waco Co. is peing acquired by thé’Aviation Corporation, it net operating income of the Nor- Western l!l e t Arthur C. mm.gm” h111 of )lny.h..IJZ last: n.r. -M the nel m Eon it monf 't income for the 2 ives and ystone plant for ship- ment to South Africa. Checker Cab M nu!lclllfln‘ Co. hu lent. unfilled orders to roughs Adding Machine ylelded 1% tc 2%, points. Foreign exchanges opened firm, with st:;:ln/: cables quoted a shade higher at $4.8475. CHICAGO DAIRY MARKET. CHICAGO, June 14 (#).—Butter— Lower; receipts, 12,398 tubs: creamery extras, stan 42%; exm firsts, fl%ul%, firsts, 39%2840%3; sec L "m ipfi 19.814° Eggs—Lower; rece 14" cases: | firsts, 29220 ordinnn { rage packed firsts 130%;; storage packed extras, 31. ‘Western Maryland Earnings. BALTIMORE, June 14 (Special)— the ~ Western W&k endec of $1,560.89, as compared to week a year ago. 1 for the cu t fiscal year to June 7 aggregate 37'10 15043 unnn $8,059,646.89 in the same period in 1928, a decline of 3 per cent. Crude Rubber Inpom. NEW YORK, June 14 (#)—Imports of crude rubber of all classes into the United States during May totaled 49,180 long tons, compared with 54,171 tons.in April, and 32,883 tons in , 1928, During the first five months of the year. 274,018 long tons were imported, against 186,705 tons for the corresponding period. last year. Mortgage Money Loaned At Low Interest Rates Tyler & Rutherford Répresenting Mutual Benefit Life Ins. Ce. 1520 K Street Main 475 Complete Investment Setvice GreLeT & Co. BANKERS INVESTMENT BUILDING ‘WASHINGTON, D.C. Telephone, Main 2460 Management —of your apartment house properties will relieve you of all the incidental re. . sponsibilities. You'll find it ! most advantageo: 2 R National 2100 925 15th St. SAUL ;CO: