Evening Star Newspaper, June 24, 1929, Page 12

THE EVENING STAR, WASHINGTON, D. C., MONDAY, JUNE 24, 1949. ACTION OF STOCKS | MOTOR CAR CENSUS SURPRISES STREET |, u s JOTALS 32000000} 10-DAY EXCURSION to saTyRDAY DETROIT, June 24.—more than 32- || WESTERN NORTH CAROLINA j,,. 29, 1920 .. | 000,000 motor cars were moving along tionland) Market Works Upward Despite| the streets and highways of the world Y o ) Heavy Subscriptions at the beginning of this year. Round-Trip Fare, Washington to Asheville, $14.00 z ..m‘,m?. N vy Proportionate Fares fo Other Western North Carelina Hesorts Tickets honored on all regular trains leaving Washington Special Dispatch to The Star. June 29th, Except CRESCENT LIMITED; tickets good in NEW YORK, June 1:;‘ ‘x;n mwgfi_:; Pullman cars upon payment of regular Pullman charges for were upset last and Bermuda are tied f¢ space occupied. week. ‘The first to do with mons Bl b Attt Coneult Ticket Agents, City Ticket Office, demands 4610 H Street N.W. or Union Station . d and interest requirements, Instead of et et St | ot i o Southern Railway System e a7 g sant. thoseh | 25 2 e e ‘il SR SR SR SR SR SR SR SR in, &l probebilty’ the coming Week Wil | nex: with 2098000, 'and Ganeds Rext e —— e o LISTERING, &, witness 8 higher level, oy the i that were conspicuous FAMOUS BEACHES CHOOSE NOXZEMA " Recsived by Private Wire Direct to Star Office e - w B 2 g 20, o E! 00 gsEdas s IN CURB TRADING Profit Taking Appears in Utilities—New High Records Attained. i Esl ; Bt coBonaotbonensBnd 5 YO0z 22222 FEEEE O 5 TR t 18 (i sgNRyanceBsusty . FESFFEEE F > 35 e g el W OREE FEE PR o R T 5 s ¥ (=) 2 € ;EEEEEE wToptt 8285 o 1250 i AR gegs FEFFEFE L Nt !"> egeZges! =§-: F R ‘ 338 352 R B2a0d, 221 69, ¥ i 2w & Eefy 1al Dispatch to The Star. 'v::w YORK, June 24.—Tirégularity characterized the movement of secur- ities on the Curb Exchange today, al- though a large tournover in some fav- ored issues was combined with renewed aggressive upbldding in a few cases to new record levels. At the same time it was evident that tions for the rise were resistance ===§:‘éfii=m‘ 5 T 355 £S5 4 23] Syt Y =§=== 3 SF. L 3 9033222y S 5! 2! < ;SE ST 7 55 preparations for the July 1 dividen 52 o 8588 2e33Es: N &, a0 , FEEFEE 85 eeaEEE! SEFE o ges suefers. uy & FERS gEEy i1 a | +3 > 2 5l 5 21 fom FEaREEE T B §9 = >n"Uaa, sn.a-—-n-.—-%%a.._.s 528 888 ult o 55 IS5 E EE) g5 33 sy M HESEIEE B Cen 413, 58 0, » - [ Rl R B v gans: £ 3 0% L1 aon g WER SR > mer & & 58, g a5 (s 2 Sy 228 =zagssisgaiianse o . ' Y 833832 i o B> 553 52 o8 8 FENSTES y 5 v S g e, B WHEAT CLOSES HIGHER. . 55 2! g 5 * 23 L1t o o8 22, 5333238 a822saslsRa8E i H aF ularly affected those members of the utility group which developed such - strength in the closing 3 As a_matter of fact nearly every stock with “rights” attached, some of which - expired this week and others 228 2 88, .....n-.o;;é..-....... g FESE 0 (H) ¥ BoegiSasuss susizie.ny e ”:’” > 3, SRR Boed28.2! SRS SSIN! S ESE § x Bul: F R EESE . Among these were American mgnr at the best price since it ‘was issued as a result of split up of the old capital. The two United Gas Improvement shares, Middle West Util- ities, the Insull Holding Co. Central States Electric and General Public Serv- ice, all of which went into new mth ground, occupled the center of the util- ity stage during the forenoon. There, ’ oS! ith 1 ‘The second upset of calculations has a’s huge family of 400,000,000 in the action of the stocks t0! manages to get along with only 25,581, more & Ohio, Pennsylvania, American ‘week led the selling that ‘Telephone & Telegraph, Anaconda and | d b 2 auneBER e SauaudBunatyl y. as _been felt t new s Stand P & L . 98% | issues_were coming out too fast, and | crop outlook, but sald purchases abroad Sun Mald Re 62542 80, $ 99 |that Wall street would have difficulty | for import, 1,000,000 bushels, were from 55 78 -|in absorbing all of the additional | Argentine, not the United States or shares in sight, involving payments of | Canada. Wheat closed nervous, 7 to szezdeny 5383 23 0 Bt s Er oot abts r Sl s 2 g0 e ‘was a revival of activity, too, in Niagara Hudson Power and the stocks of the constituent concerns marked by & sharp 65 A '52 38 90 ently stockholders have taken these up, partly with borrowed money and partly from cash resources, and with- s P ol aAm Ioy S 8 5" | approximately '$1,000,000,000, ~Appar- | 1% net higher, corn unchanged to i Lt&Rail Y% down, oats lgalj off to s up, and pro- visions varying from 5 decline to a rise DR~ ‘] 3 of_10. 28 : out much strain on the money situa- T- ek, 196 15 8 1i65% 134 B e o o eastenn 5 ; . i S8 8L 8 i | Dot accommtined will wndouibicdly cae L e off. Mohawk Hudson and Northeas! te] e Ya 4 SN Power railied in sympatny. o urrou sl: s el i O i ’3’ Sc‘; 18 WISk ot 5a "800 ;| courage more financing of the o we e 5 b Oteciric Bond & shne.n;enn Water 7 Bule mad Tube He .{ 3 o e B 13 3., | Balesin FOREIGN BONDS. L & Power, Allied Power & Light and| .71 Can Marcont W..... 5 % B 3 3310 | thoussnds. ————— m&i Stromi 4 uly .. ar. a?’. EEESTERLE R TEREL. b B RS R ; Ecoggs‘égxls:gs"g“ oA Y ¥ new peak on reports of 1187 " recovery in Buffalo, Niagara & Eastern, S 00 R0t e a0 o B b0 3! 2= 2gcCadag 35 22 288 o5 4 & 83 _83=5332r82228 FEEF 2 2 IS5 Noxzema ends pain instantly lating Policy.” . e COTTON PRICES STEADY. — says noted Asbury Park life-guard By the Associated Press. NEW e SPOKANE, June 24—The Federal | with ,m“p?-fiiofi'.“‘:uféném“d.y "TWO seasons ago we were asked to test 3 fomieton, & WeY Jatve yoliene “':“"";' Noxzema on our worst sunburn cases,” e ' relates Walter B. Githens, captain of Asbury Park lifc-guards. *‘The skin was so red and raw and blistered they could hardly bear it ¥ e o 3 Baltimore Markets 1Eur Mtan 1 Frankfort 8t P B -*-as-.— 2332223 5 Dr. W. T. Foster Accuses U. 8. m,m.__ Board of Following “Vacil- | Bestembés ; 8988 = Bpecial Dispatch to The Star BALTIMORE, Md., June 24—Poultry, alive—Spring chickens, pound, 32a43; poor and thin, 23a26; ters, 18a20; ducks, 20a25; Guinea ;:rls. each, 50a1.10; pigeons, -pair, 35a40. earby 'm“wl | n‘u"l.:-‘ n firsts, ; Cllngfl ceipts, 28a29; small undersized, .25. to fancy creamery, $oie 355 53390 $Rr S 408 s i | 4dde 1 Y g policy of blowing first hot ’%:f "m'fi T Z: H and then cold,” thereby “keeping the whole world of commerce and finance in 20 S i ideag, a state of nervous apprehension.” Dr. touched. But Noxzema brought immediate ‘wi—When issued. e New! relief—seemed to draw out all the fire and s S i ; smarting instantly—healed up the burns re- gton State i | CHICAGO LIVE STOCK MARKET P —A pro-| mMarkably soon. We've used ic ever since.” A y, and one only, | posal Are you sunburned—suffering? No need to CHICAGO, June 24 UP). (United|whereby the Federal Reserve system can | Phenix National Bank and the Bank of b4 b States Department of Agriculture) — | succeed for more than & little while | America was announced officially today, | be. Get Noxzema—official sunburn remedy at head, - inciud- :‘;l‘nu;l;c ,:" ::& efforts n’m? a:lmgp the wmm‘-u oy m— Tecently current on| Coney Island, Atlantic City and other big O e et e Iy | ™*“Ihat is by’ injuring business. With- | \ An announcement by Louis G. Kaut- | beaches. It's cool and soothing—ends pain urday. top, 11.25; bulk, 170 to 250 | Out strength in business, there is no | man, president of the Chatham Phenix | instantly. Greascless, too—won’t stain clothing pounds, 10.95811.20; few 270 to 320 | Possibility of sustained strength in the | Bank, said: or bed shewss. At all drug and department ot 2058108 ik packing s | RACK, A8l 3 v b ne || Regsbrs yuih e S 2| stores. et # jur oday -3 X lence e o 1ess 3 . o . 200, uts s Efi'uf%%f Will buy stocks Tor investment at . | Kaufman, A. P. Giannini and Elisha vancing prices. Walker have resulted in an agreement ,| “During the past two years, the Fed- | upon their part to recommend to the .50 ; 130-160 z 3! Reserve ol hsfl:n:mm‘k: unlm posi- mmof mg&: l:ng‘ ;&xoc&kholdpn O%( . 11.20; . 9.26810.25 n so many times—first making rates tham Trust Co. “Topl. ™ edtinr s chsice 50.130 pounds, 10,004 | artifcially low. then high: encouraging | and the Bank of America s pian of con- Feel It Heal % AT AT ) .zsn“:’ ggifi PN 38 S 13 2! of stise sex.geastins. o . Sgeses 2 g of 25 5 S8, R0, » .. 5 Rusarsia o F 2! 23! i g2 Ty =8 L : i %%; | o i gagdagacd £t yed R P R L3 ol o8B gssineess e " agyss & : EE s 3 L e g 3 K Sngengs T FeF =suugns 2 P 35 s===§§5¥r- 5 o G arriving it is more than enough for demand, ‘which is being supplied mostly by trucks from points, a few carloads be- various kinds on merit at & range of {‘:.mlsmperwntormyuehm Siraw—No. 1 wheat, 12.00a1250 per ton; No. 1 oat, 12.50a13.00. Live Stock Market. Cattle—Receipts, 600 head; fair ply, market steady on steers; cows d demand. _Steers, cl poor 3 s 14.25; good, 13.00a13.50; 212.75; common, 10.00811.50. Heifers, 12.25; good, 10.25a11.00; lum, .00; common, 7.7588.75. Bulls, good to choice, 10.00810.50; fair to good, 9.25210.00; common to medium, 8.0029.00. Cows, good to choice, 9.50a 10.00; fair to good, 8.25a9.25; common to medium, , 5.00a8.00. 4 Sheep and lambs—Receipts, 800 head; light supply, market lower. Sheep, 2.00 26.50; lambs, 8.00213.50. y ‘Hogs—Receipts, 1,100 head; fair sup- Rl:., steady. Lights, 12.00; ivies, 11.75a12.00; rough, 7.50a10.35; . Trucked -{iisg;.fi Hsssssoam FESFRE T SnaomulualBSEuis,m: S 398 3E! 2900 gi7 L g !44 .bn 2esse SEREEEE ok & ? 5 i g i 2 - 5} § ot ne 3 3 £ 5 MEe S8 pesuspesuay, wid, Suy FEF FEFSIER 1 > . o 3 £l !g Qf HERY g &8 EE ] 5 i 3 d 53828, 88 o ] H 585 i A £ tablished methods, then _prescribing 25¢ | those methods; insisting that price con- T bubcher. stock: und n Eve da tone weak; slaughter classes, steers,| 50 tha A commerce y fiofl end choice, 130-1,500 pounds, - ; | added: Boctors, wood and” ohoe:, 830 pounds | | “The credit situstion of the good and chael:: (bee.!z” 11%,?5‘ GROUP, CHMN AND BRANCH to medium, 8.00a10.25; ealers (milk fed), and_choice, | BANKING SEEN INCREASING d h h D g e s s e e and the heart weights), 122513.25; banking continue to develop un- |. f Y k either direction at many con- , 9.75812.25. i T Sheep—Receipis, 11,000 head, open | Sbared, and st an even more rapid L New OX K ... venienthours throughout the day. slow; early indications weak to 25C| “whether such development may be These trains speed—without bernia Bank & Trust Co. of New Or- leans, in addressing yesterday the 1. From the Union Station in Wash- 5.5086.75; cull and common, 2.5085.50; R oy Sunaie 5 ; ington—to Pennsylvania Station tly Inew legisiation enacted to prevent the most convenient to business. further spread of chain banking, al- s SECOND-HAND CLOTHING i thougn it is dimcult to ses how laws hotels, theatres. International trade in second hand g‘m‘gfififimw “"mm i i ules newly improved and quick- 5 ened. i i “fi"‘nka‘ e mh“':‘,'fih - x:h' Basiking: apshens 1y The Congressional Limited tion of all kinds th 9 ed Biates. | centiation. showid. spread 18 he aon 11.10. the financing of business by well solidation of the two institutions. trol was not its business, then trying predominating, issuing warn! h, - off most; early top, 15.50; .00a15.50; 1,100-1,300 pounds, 14.00a | nervous apprehension.’ 15.50; 950-1,100 Po\mdl, 1375a15.50; | Asserting that the board has pre- Snpsctont TN ETEE 39 PENNSYLVANIA FLYERS 11.00a13.75; fed yearlings, good and|demand from operating no: , he ‘fers, good past down, 13.26a14.75; common and me- | few months has been created deliberate- dium, 9. i " ly and artificially by the board itself.” 00812.00; common and common,. 8.00a10.50; stocker and| NEW YORK, June 24—The ™ 'TREAM trains— er steers, good and cholce tion that_ group, chain and branch § of fast s—in lower; native lambs held at 14.00a14.50; | {5 our liking or not,” was made by best ; Audolf S. Hecht, president of the Hi- change—from the center of one city to the cen ther. nols Bankers' Association convention 'y center of the other at Aurora, IIl. Mr. Hecht also is chair- f the economic poli feeder lambs, good and choice, 12.50a | § . . 13.60. e i Sy Sy ave Teosoly : in the heart of midtown New York, can well be devised that will effectively IS FOREIGN TRADE |TEM mkn;e":nvud t,mn of this_eco- Faster now than ever— these lopment, especially as legis- o . By the Assoctated Press. Pennsylvania Flyers! With sched- clothing is shown, in reports to the | serio forms Department of Commerce, to be in- mnt‘g" N e 8 eCinyer the ] o A efforts to introduce Western modes has ! business conditions of the country. it now makes the daily run in had the effect of stimulating the im- { was inevitable, the speakers said, that s 4% hours! h of Tunisia Te- | cial worl mains the chier market for this. type fotal ‘mumber. of gy sy 38 it U. 8. Buys Firecrackers. SAN FRANCISCO, June 24 -(#).— ‘The United States buys Asia and fireworks in Europe. Reflect- ing the approach of July 4, Government figures w 455,046 ids of fire- crackers arrived from C! and Japan in March. Germany and A are . the chief sources of fireworks. Heads Motor Cycle Co. NEW YORK, June 24 (#).—J. Rus- s=ll Waite has been elected president of the Indian Motor Cycle Co. of Spring- fleld, Mass., succeeding Louis E. Bauer, ‘who had resigned. PSR Insures Golf Links. NEW YORK, June 24 (#).—The Continental Insurance Co. has inaugu- insure golf clubs against damage to their links forced landings by aviators. An of the company says smooth golf courses offer safe havens for emergency landings. —_————— ‘BANK CHECKS GAIN. . By the Associated Press. Bank checks drawn in leading cities for the week ended June 19 registered a big over the &:udm week, but ‘were thtly below total of the cor- week last year. Figures for Tespon the totals of check payments as o~ Federal Reserve Boud“(v:ll: e $17,532,025,000 15,279,456,000 18,372,991,000 were § A ) § 5 £ 9 Buvosesssan (Pennsylvania trains offer con- . | of imports. “Nine-tenths of the popula- | from 30,612 n 1921, to 26315 o 1ogs ; venlet,t connections to Hudson 18" 18" |ton of this African dependency, ap- | although in th riod the re- 5 Terminal—four minutes’ walk 4 n:&‘ fl:;z proxl.mlmly‘ 3.0!;0,0‘,0‘0 D:.fm!fi x::: ks rose from about 4 . lost of lem have " limi $45,000,000,000 to more tha - e eits. TMER BUBSTDIARTES —sTOOKs "~ | purchasing power but a liking for West- | 000,000. : e 100 Anglo Am 14% 14% 14% |ern garments. 2 Bt 54 : s ntl Oil. 3l 2% 20% | Guard Workmen From Rock Dust Farm Bu P WASHINGTON TO NEW YORK Big i TH ol . ower i Sl e (e g EACH WEEK DAY YORK TO WASHINGTON perienced workmen in quarries and | Special Dispatch to tar. Arrive New York EACH WEEK DAY 229 | similar estal nts where rock drill- | NEW HAVEN, Conn, June 24— e 1 ing is practiced or the atmosphere | Purchasing power of farm goods rose " otherwise dust-laden, and the lives of | last week by 1.2 points to 106.2 about [ 1 | these worl are shortened by sev- | which the index has been fluct 0% 54| eral years. In New York State there (since February 1, last. I 134 21% | has been aj ted a commission of | line of 105 five times, reaching high 36 387 | medical and other men who have given | and low points every four weeks since the matter some further attention with | February 1. The mean level at 105 the object of curbing the disease by leg- | was established in January and Feb- islation, ‘The ruary, 1027, when it gave way to a marked increase in March, 192 2 =i e .........s..fi......_Ls.gg';a....m-.-_.....:.:':s. =2 EEREETE 250 BB s Bads 85 mwm 33 ozx! e 3 £ , 5SS gs8 <@W®! ® 2000: & ] g > 38, ¢l - 25 trial er. keep- | Average prices of farm ing rock dust the air in opera- | were favored last week over n?-;.‘d-um“fl‘- tions where it is produced in great | cultural prices, showing an increase of quantities will be studied,” and a plan | 1 per cent, against an increase of three- ral devices are be-|tenths of 1 per cent in the non.agri- “socially cultural group. Index numbers of agricultural and non-agricultural prices for various periods are given in the follow! table pover which s thet: qastient. Py W] eir quotient. For each the average for 1926 represents 100: 3 Parm Agricul- Non-Agri- Wit PUpower.® prices. peiue! Daylight-Savings in Berlin. Week enfed-— ; . Limited. ti 101 . * Congressional = All Parlor Cars. Workers in Berlin, Germany, have g; R; 4t EEEEE%E Bk, = g{ EQE! & agai i,e i.'-.!r' B 2, 3 Tagt” 28 5 o !— 7 FIFIEE 2> {1 ] ] otusinne F ] PR AW Stasd rpaeaS sFE§ u-uq-i;-&- g i 8, 22ge5gsiasEiienis 19090 0 B3 0000 5 e B 52251 2283028 TR 2222838238222 2 = =3 EE gy, g38ake3s2 b:mm‘mc it is somewhat slower than dry drilling. = —cuamuoud g3 Pt sFEE S SR X1 sanezngesgeEisises PITrS £E7 e &R = 23395E 95 e 3»5 .2 s (Standard Time) s g i Equally convenient schedules on Sunday H 4 SREN2E2E / 225 3 LS 3 375 r3 H seEnds NS SRS VES B 55 %] (Se¢ new time-table) Equally convenient schedules on Sunday i 2% New 10.00 A.M. Sunday Express (See new time-table) 926 1000 X “100. POTATO MARKET STEADY. gOHICAGO, June 2¢ (R (United C E. McCallough, General Passenger Agent, 613—14th Street N. W., Washington, D: C. - R o = 3 ERE AR PENNSYLVANIA flm% thern RAILROAD wflmdmmyywmumbfiqflfl-fl'd 2% 22838 CEris the s vere §105031000, e S BsSs000 T PHEIATAL000, f i W ot fl??‘.—.‘&?}%"‘-’?" - 3 Esuys F 222z =-‘ hey 23458 &R FEESFR S O LB S OD B D O ::EE 0! szgazal FOREIGN EXCHANGE. todn - agegass: e B o Sl e 3, refes,: > 3 ¢ .??Eg;. umfi 5w = 2228852, i Wb oatiaosited ¥ [P &