Evening Star Newspaper, June 18, 1929, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. ¢, TUESDAY, JUNE 18, 1929. ' DROP IN POULTRY | PRIES IS NOTED Dealers at D. C. Market Urge Purchase of Fow! Instead of Meat. Cheaper prices in the poultry market (Continued From Twelfth Stock and Sales— Dividend Rate. Add 00. H! Copper (5) .. mod (d5) . hirt (2). % Marland Oil. ... Marlin-Rockw (t4). 66% Marmon Motor (4).. 42Y% Mathieson Alk (e2) ~Prev. 1020~ High. Low 60 31 2 Co pf (3). shoe (1.40). 20 24 was the most interesting feature of today's early morning market report In view of the cheaper prices, | ers are urging the consumption of in- creased quantities of poultry rather| than heavy and higher-priced meats. | “The market was due for a drop| some time ago,” remarked a dealer this | morning, “but I confess I fail to under- | stand why it did not materialize| earlier.” H Dealers realize that the recess of| Congress wil result in materially less ening the demand for poultry and, it is stated, further decreases in prices are almost sure to follow Meat Prices Unchanged. Meat prices continued unchanged. | There were plentiful supplies of fruits and vegetables to meet demands of re- tailers this morning. Grapefruit re- ceipts were anything but heavy, how-; ever, and scarcity of the fruit Tesulted| in increased demands for cantaloupes, making the market on the latter fruit firmer, with prices slightly advanced. Deaiers had some especially fine qual- ity corn from Alabama to offer to the| trade. It was genuine sugar corn and the ears were exceptionally heavy. Dealers _quoted five-dozen crates &t $2.50. There was some cOrn, not S0 good, from other sections that found slow sale at lower prices. Tomatoes continue in plentiful sup- ply, coming from Mississippi and sev- eral other States, and prices wer trifie lower this morning. The Missis sippi tomatoes are in greatest dem: it is stated, being larger and more easily handled than the vegctable from other States. Increased receipts of huckleberries and blackberries, many of them from North Carolina, resulted in lower prices. Much of the supplies of the two berries came from the vicinity of Manson, N. C., and were brought over the road in motor trucks, a distance of more than 250 miles. Drivers who left Manson at 5 o'clock yesterday afternoon reached the local market before 4 o'clock this morning, in time for the earliest buyers. The blackberries sold around ‘$4 a crate, while the huckleberries brought about 25 cents a quart. Red raspberries were quoted around 35 or 40 cents a box, some coming from nearby and some from New Jersey. Strawberries are getting very scarce. | Only a few dealers had scant supplies this morning, but the berries were of more than fair quality, but not much in demand. They were quoted at $5 a crate. California celery was received in small quantities and offered at $10 & crate. Egg prices were slightly advanced, ! while butter prices were the same as prices quoted yesterday. Warm weath- er this morning was not conducive to brisk trading, dealers reported, but business was about normal for this sea- son of the year. Today’s Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 45a46; tub, 44a45; store packed, 30. Eggs—Hennery, 34a35; fresh selected, 34a35; current receipts, 31a32. Poultry, alive—Turkeys, hens, 33; toms, 30; Spring chickens, large 40a43; small, 34a35; Leghorns, 35; fowls, 28a 30; roosters, 21; ducks, 15a20; keats, young, 60265; old, 35a40. Dressed— Turkeys, 38a40; Spring chickens, large, 45a50; small, 40a42; fowls, 35a36; Leg- horns, 30; fowls, 37a38; Leghorns, 30; ducks, 30a32; keats, 80a1.00, Meats, fresh killed—Beef, 22a25; veal, | 23a26; lamb, 28a30; pork loins, 31a32; fresh ham, 26a27; fresh shoulders, 18a 19, Smoked hams, 27a28; smoked shoulders, 17a18; bacon, 26; lard, in bulk, 12; In packages, 13%;. l‘L!ve stock—Calves, 15; Spring lambs, Fruit and Vegetable Review. ‘The daily market report on fruits and vegetables ~ (compiled by the Market News Service, Bureau of Agricultural Economics), says. Sales to jobbers ex- cept where otherwise noted: Cantaloupes—Supplies moderate; de- mand moderate, market steady; Cali- fornia, jumbos, 36s, Salmon Tints, 4.50a 4.75; jumbos, 45s, 4.75a5.00; jumbo flats, 125 and 1ls, 1.50a1.85; mostly around 1.75. Lettuce—Supplies light; demand light, | market steady; truck receipts, Washing- ton crates, Iceberg type, 4-5 dozen, mostly 7.00; Eastern, supplies moderat: demand _moderate, market slightly weaker; New York, 2-dozen crates, big Boston ' type, 1.50a2.00; mostly 1.75. Onions—supplies moderate; demand | light, market about steady; California, standard crates, yellow Bermudas, U. S. No. 1, 2.1522.25. Peaches—Supplies light; demand | 1ight, market steady: Georgia, 6s, Ear! Rose, and bushel baskets Early Rose, very small size, some ordinary quali and condition, 1.50a2.00; few best,.2.50. | Potatoes—Old stock, supplie rate; demand light| market about | steady; Michigan, 150-pound sacks, | Russet’' Rurals, U. 8. No. 1, mostly 2.25; | Maine, 150-pound sacks, Green Mcun- tains, U. S. No. 1, 2.50; new stock, | supplies ~ liberal; demand moderate, | market slightly weaker; North Caroiina and Norfolk section, Va., cloth top stave barrels, Cobblers, U. S. No. 1, 3.5023.75; mostly 3.50. Tomatoes—Supplies moderate; _de- mand moderate, market slightly weake: Mississippi fours, ripes and turning, wrapped, mostly ripe, No. 1, 1.25a1.40 fair quality and condition low as 1.00; South Carolina sixes, ripes and turning wrapped; choice count, 2.00a2. Watermelons—Supplies mand moderate, market slightly weake Florida, Tom Watsons, 32 pounds a age, 65a75; 30 pounds average, mostly 60; 22 pounds average, 35 each. libe steady. 1 bask k section Vir baskets, green, Bountifuls, 2 ordinary quality and condition: hold- er. Cucumbers—Supplies moderate; de- | mand light, market firm: North Caro- lina, bushel hampers, fancy, 2.00a2.50 South Carolina, bushel hampers, ordi- nary quality and condition, 1.50a1.75. Sauash—Supnlies liberal: de slow: market slightly weaker; North Carolina, bushel hampers, ~ white. 1.00a1.25 Peppers — Supplies light; demand | light, market slightly weaker; Florida er crates, fancy, 2.7583.00, mostly 75-bushel hampers, 1.50. plies light; demand steady; Florida, pep- . high bushel, 3.00; fair 2.2582.50. al; demand mod- 7 Texas, shel | baskets. 2.06a2.25: Alabama, crates, a2.25; North Carolina, crates, some fair quality and condition, wide range prices, 1.25a2.00, mostly 1.50a1. ‘Oranges—Supplies moderate; demand | moderate, market steady; Florida, boxes, | No. 1, medium size, 3.5024.00. Grapefruit-—Supplies very light; de- mend light, warket firm; Florida, box-s, No. 1, medium to large size, mostly 4.50. Eggplant erate, marke Ford Share Distribution. PARIS, June 18 (#).—The Ford Co. | of France today began distribution or| certificates to the 90,000 who sub- scribed for a total of 1,200,000 shares | of 100 francs each, depositing full price with their subscriptions. Shares were allotted up to three for each subscriber. From among those who asked for four or more there will be a drawing by lot for the fourth share, which is the maximum, L @ Me iy Miami Copper (4). s Mid-Continent P 3% Middle States Oil. 21, Middle States Ofl ct. 5 Midland Stl pf (112). 40 Minn Moline Pwr 100 %3 Minn Moline pf 6., 87 « MStP&SSMopf.... © suRat~oaaad i Pacific. uri Pac pf 2 Mohawk Mills ( Mout Ward Moon Mot % Morrell J 3 Mother Lode (40¢). . Motion Picture 9 Motor Wheel 42 Mullins M - h Motors (6). ... ash Chat & St L(7) atl Acme (1). atl Air Tran 4 atl Bella Hees(11). atl Biscuit (6). . atl Cash Reg (14).. ry ($1%).. Natl Distillers. ..... atl Distillers pf(7). mp (1) 1 Supply pf 1Surety (5) evada Copper (3).. Newport Co A (3). Newton Steel (3) Y Air Brake (3).. Y Central (8). Y Chi & St L (6) Y Do NY & Ha 5). 80% NYNH&H (4). 114% NYNH&Hpf (7). 2 N Y Ont & West, . Y Steam pf (6). ... 208 orfolk&Wstn(110) . 5 Norfolk&Wstn pf (4) 1508 % North Am(b10%stk) 224 13: % North Am pt (3). 5: % No Ger Lloyd (3.41). 8 & Northern Pac (5) North Pac ct (5).. Norwalk Tire & Rb. . 0il Well Supply 11 92 Oil Well S! 34% Oliver Farm Equip 494 Olivr Fr Ep cv pt(3). 90 Oliv a pf A(6). 1§ Omnibus Corp. 20444 145 58% 379 110% 3 3 10: 1 9 3! 78 Owens 11l Glass 21% Pacific Coast 2d pf. .. 53% Facific Gas & E (2).. 70 Pacific Lighting (3). 27% Pacific Mills. Pacific Ol stubs Pacific Tel & T (7). 1161 Packard Motor (15). 40% Pan-Am Petroleum. . 40% Pan-Am Pete B.. 55% Paramount-F-L (3). 47 Park & Tilford (13). 7 Park Utah (80c). 7% Pathe Exchange 18% Pathe kxchange A. .. 34% Patino Mines (3.89). 11% Peer! otor Car.. 38 Penick & Ford. 100 Penick & Ford pf(7). 15% Penn Dixie Cement 60 Penn Dixie Cm pf(7) 72% Pennsylvania RR(4) 208 People’s Gas Chi (8). 148 Pere Marquette (18). 94 Pere Marq pr pf (5). 23 Pet Milk (1%).... 614 Phelps Dodge (3) s Phila Co (17).. 4815 Phila Co 5% pf(2 17% Phila & Read C& I Philip Morris (1) Phillips-Jones (3).. Y% Phillips Pete (1%) Pierce-Arrow A.. Pierce Arrow pf (6). 2 Pierce Oil.. 30 Pierce Oil pf. 4% Pierce Petroleum 39' Pillsbury Flour (2) 503 Pirelli Co A (2.88) ... 921 Pitts Steel pf (7) Pitts Terminal Coal. % Pitts & W Va (6). ... P Rican Am To (A)7 % P Rican Am To (B).. Postum Co (3). rie Oil & Gas. ... « Prairie Pipe L (14) ssed Steel Ca Pressed St1C pf (7). Pub Sv 1 (2.60)... 16 16 256 1 297 259 5 4 28 3 21 15 ta Al 31, Pure Oil (17 13974 109% Purity Bake: 4« Radio Corp. Radio pf A ( itadio pf B (5). Radio-Keith-Orph A. LR SecI C stk C(4). ing (4 : 5% Reading 2d pf (2). Real Silk Hoslery. Reis (R) & C 114 109 105 12 3 58 2 . 623 90% Reming-Rnd 18t (7). 1 93 ¥ itnd 2d (8).. 100% Remington 1st pr(7) 100 pe 2d pf (8) . or Car 11.60. Corp D iron & Stl (4). ynold nolds ROk 1174 105 10s 29 50 66 49% 195% 15414 97 93 afeway pf (6) Joseph Lead ; St L-San Fran (8) CHICAGO LIVE STOCK MARKET June 18 () (United of Agriculture) — 17,000 head, including market mostly 10 to 15 s average; Spots up early top, bulk,’ desirable 0 pounds, 11.20a11.35; butchers, 10.50211.10; butcher choice 250-300 pounds, 10.60a11.20; 10.85a11.35; 160~ 0.75a11.40; 130-160 pounds, 35; packing sows, 9.15a10 15 jium to choice 90-130 poun 1,000 direct gher than pounds, 10.50a1 pigs, m 9.80a11 Cattle— Receipts, 7,000 head: calves receipts, 2,500 head; trade on steers and yearlings, killing quality considered; early top, 1550 ome held higher; most steer and v ling sales, 13.75a15.50; she stock very ven, 5021.00 lower than high two S slaughter classes, steers choice, 1,300-1,500 pounds, 14.25a15.75; 1,100-1,300 pounds, 14.25a 15.75; 950-1,100 pounds, 14.25a15.75, common and medium, 850 pounds up, 11.50a15.25. Fed yearlings, good and choice, 750 to 950 pounds, 14.00a15.60. Heifers, good and choice, 850 pounds down, 1350a15.00; common and medium. 9.50a13.60. Cows, good and choice, 925a12.00; common and medium, 8.00a 9.50; low cutier and cutter, 6.50a8.00. Bulls, good °nd choice (beef), 10.35a 11,50; cutter to medium, 8.00210.35. Vealers (milk fed), good and choice, 14.00016.00; medium, 10.50a14,00; cull g and 9 697 12 105 medium | strong to higher | 4 Prev. Divi igh. Low. Close. Close. 6914 697 70 344 Schulte Schulte Sharon Shubert Simmon: Snider P Souther rear & Spencer and G Stand C udebal 0il Tenn Co Texas C 1tche e Wa de W W imken mken Union O 430 204 5% 2% 3% Utd Dye: Utd Eiec 815 5 T o e U S Rub| U'S Rub U S Smei Us US Stee Univ Pip Vanadiu Wahash Warner Warner Warren Wi West Pe: West Pel Wrigley Balto & City Ice Newton laration. sUnit of trading 4% In stock. in_stock £Plus 10% i Plus 8% o 68y v 116% 1167 in_stock. in stoc Stock and St I-San Fran pf (6) St L Southwestern Savage Arms (2 agrav . Sears Roebek (12%). 123 Seneca Copper. 4 Shattuck F G (2). Shell Union (1.40) Southern Rwy (8) Spalding A G (1.60). Tobaceo P'r (1.40). obacco F'r A (1.40). Transcontinental Trico Pri Truax-Tr Coal( Twin City Rp T (4).. Underw- Union Bag & Paper. . Union Carbide(2.60). 428 Union Pacific (10). » Union Pacific pf (4). Utd Alrcraft&Trans. Uta Biscuit (1.60)... Utd Cigar Stores(1). Utd Corporation. . Utd Corp pf (3) ctric Coal(3) Utd Fruit (c4) . Utd Paperboard. U S Cast Irn Pip (2). S Cst 1P 1st(1.20) Cst 1P 2d (1.20). Hoffman (4). U S Ind Alco (6).. U S Leather... Leather pr pf(7) U S Realty (5).. Univ Leaf Tob (3) Utah Copper (16) . Util Pwr & Lt A (e2) 106 Vadsco Sales...... = Vadsco Sales pf (7). an Raalte. . Viek Chemical (4). Victor Talk pr pf(1). Virginia-Car Chem. . Virginia-Car 6% pf.. Vulean Detinning. Vulcan Detin pf (7 Waldorf Systm (1%) Walworth (1.20) Ward Baking A Ward Baking B Ward Baking pf (7). Warner- Warren Bros (15). Wess Oil & Snow(2). O&Snpt (4).. West Penn Pw pf(6) Westn Dairy (B)... Western Maryland Western Pacif pf. Western Union ( Westngh Air Brk(2). Westngh EI&M (4) . Westngh I 1st pt(4) 340s Weston El Instru. .. Ches & Ohio..July 1 Ches Corp Colum Gas Col Graph . ..July 7 Int Tel&Tel ..July 5 8% .U S Steel. Sales of Stocks on New York Exchange. tPlus $3 in preferred stock aPaid this year—no regular rate. d Pavable when earned NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Prev. . Close. Close. Sales— Add 00. High. 12° 95 5 dend Rate. 89% 43 20'% 98 14% 161% 3 Retail Strs.. 12 Retail pf(8). 40s (€1.20). . 3 4 19 64 tl Hoop (1). Theater (5). s Co (3).. Simms Pet (1.60). Sinclair Oil ( Skelly Oil (2) Packing Snider Packing pf... So Por Ric Sug 2% . Southern Cal Ed (2). n Pacific (6). “halfant..... Vithing (14). Sparks Withing new. o Kelg(1.60).. picer Mfg. .... r Mfg pf ( Stand Com Tob s & El & 12 pf (4) and Oil Calif (13). and Ofl D Stand Oil D nd Plate ew-Warner (3% J(12)... Y (1.60). ker (15).. (g1). Supertor Oil. Superior Steel. Sweets of Amer (1).. Telautograph (1). p & Ch (1) orp (3) 63 160 r Mfg t Asso pf(6) ter OI1(80¢). Det Ax t80c. Roller (3)... od (2%) 60). v 1-Fish(4).. 51 3 il Calif (2) 15 10 3 68 4 16 41 .100s 12 wood ber. . ber 1st pf. 1t Ref (3% Steel (7). 1pf (7) 15 . 15 pe & Rad. 3 . 108 V- 25 4 . 102 847 36 881 3 1155 51 14% 6 45 50s 76 10s 101% m (14) 69 29 4% 51 10% 1181 6014 32 156 53 58 9 2 13 1 4 nn ElA (7). 100s nn El pf (6). 108 10s 3 58 16 17 Bros Pict... Bros Pic (n) Quinlan (2). Fdry & Pipe. I 831 o Chlor (2). gle Oil (2). White Motor (1). White Sewing Mach. Wilcox Oil & Gas. ... Wilcox Rich(A)2%.. Wilcox Rich(B)c2. Willys-Over (cl.2 Wilson & Co A. Woolworth Co (). .. Woolworth Co. Worthington Pump. Worthington B. . Wright Aero (2).. 0). W (et3%).. Yale & Towne (4). Yellow Truck & C Young Sp&W (12%). Young Sheet & T (5) RIGHTS EXPIRE Am Tel & T..July 11289 June 20 771 17 June 24 116 41 319 3014 17% Ohi an 3% JJulys T8 ty June 25 115 214 Stl..June21 11 1% June 21 484 6 ,100 57,000 12:00 Noon 2:10 P.M 630,100 Dividend rafes as given in the above table are the annual cash payments based on the latest quarterly or half yearly dec- less than 100 shares. iPartly extra. fPlus “Plus 1-25 in_stock b Payable in stock. ¢ Plus 5% ePavable in cash or stock. 6% in stock. hPlus 2% in siock. & Plus KPlus 3% in stock. and_common, 8.00a10.50. Stocker and | | feeder steers, good and choice (all| | weights), 1225a13.25; common and | | meaium, 9.75a12.25. | Sheep—Receipts 5,000 head, market | steady to shade lower; bulk native | lambs, 15.00a15.25, a_ few 15.50a15.60. | | Yearlings steady, 11.85 down; fat ewes, | 6.00a6.50. Lambs, good and choice, | | 92 pounds down, 14.85a15.75; medium, | 13.50a14.85; cull’ and ‘common, 11.00a 13.50. Ewes, medium to cholce, 150 pounds down, 5.5026.75; cull and com- mon, 2.50a5.50. Feeder lambs, good and ‘choice, 12.50a13.50. | | | ! Much to Learn About the Heart. | 1t is only 300 years since Willlam Harvey published his discovery of the circulation of the blood, in 1628. In | these three centuries we have learned at its operation is that of a pump. | Each expansion draws into the left ventricle, one ot the four chambers of the heart, about four tablespoonfuls of blood, which has completed its seven- l’bninu'e cilrcult of the body and has een supplied with fresh n by the lungs. g‘he blood p-ssesmuxh the four chambers, being forced out into th arteries through the right auricle. And that is about all we really know about the heart. There is still much to learn why and /how infections and | nervous diseases affect its muscles and ° its valves, throw it out of rhythm and tend to shorten its usefulness, STOCK EXCHANGE OFFER. NEW YORK, June 18 UP).—The Na- tional Dairy Products Corporation has submitted to stockholders of the Detroit Creamery Co. an offer to exchange their holdings on the basis of one share of National Dairy Products stock for 2’5 shares of Detroit Creamery. The offer is made in_connection with a proposed reorganization plan involving acquisition of a controlling interest in the Detroit Creamery Co. Seventy-five per cent of the creamery company stock must be deposited by July 17 in order that the plan become effective. Air Superior to Explosives. In the operation of a querry com- pressed air is made to do a greater amount of service in moving the rock than explcsive powder. Diagrams show- ing the area affected by the two meth- ods indicate that the compressed air's influence is more than double that of the powder. PARIS BOURSE PRICES. PARIS, June 17 (#).—Prices were h-avy on the Bourse today. Three per 2¢nt rentes, 7 francs 80 centimes; 5 por cent loan, 101 francs 50 centimes. Exchange on London, 123 francs 97 centimes. The dollar was quoted at 25 francs 59 centimes., ( 9419 METAL MARKET. NEW YORK, June 18 (#)—Copper quiet, electrolytic, spot and futures, 18. Tin firm, spot- and nearby, 44.50; fu tures, 4550. Iron steady and un- changed. Lead, spot, New York, 7.00; spot East St. Louis, 6.80. Zinc firmer, East St. Louis, spot and futures, 6.67 a6.75. Antimony, 8.87a9.00. CHICAA(;‘rO DAIRY MARKET. CHICAGO, June 18 (P).—Poultry— Alive, weak; receipts, 2 cars; fowls, | 2515 ; Springs, 38: broilers, 34; roosters, | 20; turkeys, 22a30; ducks, 17a20; Spring ducks, 25; geese, 15; Spring geese, 25. Butter higher, receipts, 22,543 tubs, creamel extras, 43; standards 42 extra firsts, 413,a42'); firsts, 391¢a40%2; seconds, 38a29; eggs unchanged, re- ceipts, 18,714 cases. Markets at a Glance NEW YORK, June 18 (#).—Stocks | strong; public utilities buoyant. Bonds| steady; American & International Tele- | phone convertible 4!5s rise on enormous turnover. Curb irregular; Consolidated Gas of Baltimore soars 43 points to 160, | then breaks to below 120. Foreign ex- | change irregular; French franc rises | further. Cotton lower; favorable wea- ther. Sugar higher; firmer spot market. Coffce easier; commission house selling. CHICAGO, June 18 (#)—Wheat firmer; ‘crop damage in Kansas. Corn higher’ decreased contract stocks. Cat- tle strong. Hogs firm. BT i AVERAGE OIL 0UT’PU’L TULSA, Okla, June 18 (®).—Total daily average oil production of crude loil in the United States during the week ended June 15 was 2,743,186 bar- rels, an increase of 25,644 barrels over the previous week, the Ofl and Gas Journal estimated today. This con- tinued the erratic movement that dur- ing the last two months has drawn the production curve alternately up and down. The production for the week ended June 8 was approximately 3,000 barrels under that of the preceding week Oklahoma fields decreased approxi- mately 9,200 barrels, while West Texas and other Texas areas showed general increases. Increases in California brought pro- duction in that State to 18,000 barrels above the mark for the preceding week. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co) id. " Offer. Allis-Chalmers Co. 5s 1037..... 98% 99 Aluminum Co. of Amer. 55 1853 101 * 101% American_Tel. & Tel. 4s 1020.. 99% ..... Armour Co. Del. 5! 88 Baltimore & Ohio 4 964 Ba Bel © 100 g Chicago Rock Isiand 4s°1934.. Chile Capper Co. 65 1947... ... Cudaky Packing Co. 5125 1987 Delaware & Hudson Ry. 7s 1930 Edison EI. Il. Boston 4'%.s 1930 n. Mot. Accep. Corp. 65 ral Petroleum Corp. 5 odyear T. & R. 55 19t 55 ¢ Trunk Canada 6s 1936. f Oil of Pa. 55 1937.. .. Humble Oil Sibs 1932. . Internat, Match Corp. 55 i3 Qregon Short Line 45 1929 Phillips Pet. Co. 5%s 1939 Pure Oil Corp. 825 1937. . Shell Union Oil Co. 55 194 9 Sinelair Crude Oil Co. 5ias 1938 9415 tandard Ofl N. Jersey 53 1946 L. Ir. Mt. & 8o Ry. 4s 1936 9! L Southwestern Ry. 45 1932 94 SWift '& Co_ 65 1932............ 99 Uniun OIl Co. Calif. United Drug Co. Western Elec Co. s Wheeling Steel Corp. 5! ‘The largest number of tourists construction days are expected in Panama this year. NEW YORK, June 18 (Special).— Bid.” Asked. Ger Govt Red Loan with drawing cifs attached per 100 R M. Ger Govt Red Loan without drawing ctfs per 1,000 @ M.... 26.00 3000 (Quoted in doliars per miliion marks) Hamburg 4i3s 1919............. 35.00 45.00 (Quoted in’ dollars ' per thousand marks.) German Gen Elect 41:s pre-war 23.00 24.00 German Gen Elect 412 225 300 Berlin 4s pre-war..... .. ... 6.00 Hamburg 3s. 31as & 45 pre-war 30 Hamburg American Line 413s. 3300 North German Lioyd 4%as.. .33.00 Krupp 5s 1921..... 2.00 Dusseldort 4s bre-war 40 rankfort a-M 4s pre- 3 Munich ds pre-war.....iil 30 uoted in_doliars Der s 5 47.00 11.00 A E G (German Ge El AEG (Ger Gg Elec) ommerz and Pri L G Farben...... Disconto Gellschali. Berliner Handels Dresds Deutsche Darmsta North erman_Lloyd Austria AE G (Gen i STEEL RAILS ORDERED. NEW YORK, June 18 (#).—The Southern Pacific Railroad is reported to have ordered 33,864 tons of steel rails for immediate delivery for use in the new 90-mile line from Klamath Falls, | Oreg., to Alturas. Calif,, and on other improvement projects. China’s population is now estimated at 400,000,000, . 85.00 60.00 | FINANCIAL | GERMAN BONDS AND STOCKS. | JARYLAND WHEAT | AIDED BY WEATHER Favorable Conditions Result in 6 Per Cent Gain in Crop | Estimate. | Special Dispatch to The Star | BALTIMORE. Jung 18.—Favorable | weather conditions during the latter | part of May resulted in a 6 per cent upward revision in the May 1 forecast of Maryland wheat production, accord- l ing to S. R. Newell, Federal agricultural | statistician for Maryland. The 1929 | Maryland wheat crop as forecast on the | basis of May sunshine is estimated at | 8,813,000 bushels as compared to a 1928 | crop of 8,745,000 bushels and an average production of 10,193,000 bushels from 1923 to 1927. Reported condition of Winter wheat declined from 91 on May 1 to 80 on |June 1. Mr. Newell points out, how- ever, that during the past 15 years | there has been litttle significant rela- tionship between June 1 condition fig- ures and final Maryland wheat yields due to infection of most flelds in this | State with Septoria Nodorum, which is commonly known as black scab. Infection of wheat plants with brown ¢ 13 rust is exceptionally heavy in Southern, thot r:d:un:cewh 1s0 bee: fod ug! as a n | in Washin, County, ;mw-uh‘m at- tacks by insect have been confined to limit areas. The condition of oats in Maryland | was reported at 83 per cent of normal lon June 1, as compared with 81 per cent on June 1, 1928, and a 10-year average June condition of 87. N June 1, reported condition of the Maryland apple crop at 61 per cent of normal, is 2 points lower than last year., # Maryland peach crop of 562,000 bushels is forecast from & June 1 re- ported condition of 75 per cent. POTATO MARKET WEAK. CHICAGO, June 18 () (United States Department of Agriculture).— Potatoes—Receipts. 68 new: 57 old; on track 287; new, 1.48; total United States shipments, 672 cars: new stock, barrels. | trading slow, market steady: sacks, | trading slow, market weak: Southern sacked, Bliss Triumphs, 1.00a2.00, ac- cording to quality and condition; North Carolina, barrels, Irish Cobblers, 2.80a 3.50; old stock, trading very slow, market | weak: Wisconsin and Michigan, sacked. round whites, 80a85; fancy shade higher. ‘Travelers' Insurance declares extra $4 and regular $4 quarterly. Pald same extra December 31. For Investment Buy and Hold Cities Service Common Stock The advisability of Luy;ng Cities Service Common stock and fiold;ng it for invest- ment has been amply demonstrated. An investment of $2,000 at the date of issuance, January 1, 1911, if all stock dividends had been held, would now pro- vide at its present yield, a yearly income of about $3,400 in cash and stock—much more than the original investment. HENRY L. DOHERTY & COMPANY 635 Southern Bldg. Washi & Branches in principal cities CLIP AND MAIL THE COUPON ington, D. C. HENRY DOHERTY & CO. - Name oo ounoivs it Southern Bldg., Washington, D. C. Address Please send me full information about Cities Service Common stock. dollars of securities in this indus is proven by the handsome profits our customers have made. We believe the Public Utility Industry will continue to grow and that there are still excellent possibilities for profitable investment. BALTIMORE, MD. Is in the We have extensively advertised our confidence, and sold millions of That our confidence was well founded We shall be glad to s “THE PROOF OF THE PUDDING Eating’’ ILLET & COMPANY has never changed its policy of recommendis g Public Utility Securities. S e ubmit definite recom- mendations of several attractive issues of sound Public Utility Companies G/ILLET Investmen for your consideration. & Co. t Building Washington, D. C. Telephone PHILADELPHIA, PA. ‘WILLIAMSPORT, PA. Main 2460 EASTON, MD. tresesnsesem