Evening Star Newspaper, June 27, 1929, Page 12

FINANCIAL. UTILITIES IN LEAD OF GURB ADVANCE Remainder of Market Is Firm Despite Heavy Profit- Taking Sales. BY HARRY H. BECKER. Special Dispatch to The Star. NEW YORK, June 27.—Profit tak- ing and selling for reaction, which many traders believed was overdue, turned into irregularity what gave every promise at the opening of the Curb Exchange of developing into the most active and broadest advance since the recovery set in. ‘While the rise in the main body of issues was well maintained along more conservative lines, utility stocks fur- nished the greatest excitement. De- spite the transfer of United Gas Im- provement new shares to the big board, the old common did not suffer in pop- ularity, and climbed steadily to the best * orice ‘on record, approaching the 250 level. Holding Company Shares. Revived buying of some of the utility holding company shares formed within the past month or so was an interest- ing feature. Commonwealth & South- ern was turned over in enormous blocks, opening on a 40,000-share trans action and advancing above the 25 level for the first time on the recovery frem the recent record low. The urgent de- mand for the issue reawakened irterest in issues of companies in which it ow: a substantial interest. The rise in util- ity stocks on the big board also exerted a powerful influence in such standard representatives as Electric Bond & Share, Electric Investors, American Gas & Electric and American Superpower. The last rose to & new peak under the present form of capital. ‘The new Morgan-Carlisle unit, Niag- ara Hudson Power, and the shares in ‘which it has invested did not partici- pate in the movement, which was prob- ably explained by the fact that quiet profit taking has been going on since the basis of share exchange became lno‘m A longer list of miscellaneous issues ‘were in better demand and made their best prices of the week. Among the outstanding performers was Pennroad Corporation. It touched the previous best of the current advance and con- tinued among the active features. | Special Dispatch to The Star. NEW YORK, June 27.—Following is 2 list of stocks and bonds traded in on the New York Curb Mdrket today with | the volume of sales and prices up to | and including the close of the market. | INDUSTRIALS, i High. Low. Close. 107 Sales in hundreds. 1 Acme Steel .. 232 Acoustic - Prod . 7Tero Ind ... 2 Aero Sup Mf B n 8 Ainsworth Mfg ... 3 Alexander Industries JAlles & D 3 Allied " Aviat Sec 3 Allied Pk Pr pfd war § Allied pack e liied Pk pr'prd. . 3 Allied P & L st pfd 1Alison Dr B......... 2Alpha Port Gem 1 Alum Goods Mig 1 Alum Ltd ... 64 Am & For Pow war.. 1‘Amer Arch Co........ 31 1Amer Bak A 2 Amer Beveraze 7 Amer Br Bov Ei F 1 Amer Chain 13 Amer Cities P'& L'A. Sales in hundreds. STOCKS. 30 Am Commonw P A... 2 Am Comw P optl war 43Am Cyanamid B n.. 3 Amer tores 7Amer 2! Amer 14 Amer A 1 Amer 1Amer P 215 Amer P Ut s pfd. 81 Amer 8 & C p pid. 1085 Amer._Superp 2530 Am,_Superp rts. || 1 Amer_Super pfd 3153 Am Superp B ris 4 Amer Superp Ist D 3Am Thread pfd...... 11 Anglo Chil Nitra. 1Apex Elec Mig 8 Arcturus Radie 4 Arizona P 43Ark Natl Gas... 5Ark Natl Gas Al 1 Asso Elec Ind g 18 Asso Gas & El A 49 Ass0 G & E deb ri 126 Asso G & E deb n 5578 ot 2A4 Frult & 1Atlas Plywood . 1 Atlas Por: Cem 1Auto Vot Mach. 5Auto V M cvt p 8 Aviation Co of Am. 45 Aviation Corp 1 Aviation Creait 5 Aviat Scc . 1 Babeock & Wil 3 Bahia Corp 4Balab & Kat 3 Bastian_ & Blessing 1; Bell T Pa pid 3 Bellanca Alrc vic 1 Blauners . 1Blum S.... 19 Briges & S0 Brillo * Mfg, 1Brillo Mfg A 35'Brist Myers. 1 Brit-Am Tob Co 3 BritgCelanese Lid 2 Bki¥n City R R. 22 Budd MIg..... 30 Buf Niag & E P 23 Buf Niag & E P A 5Bul N & E P ptd 2 Bruck Steel Mill: 2 Bulova _Watch Ameag the other industrials to record notable _improvement were U. 8. Freight, Walgreen, Vick Pinancial, Tung Sol Lamp, Tubize Silkk and, the in- vestment company favorites, like Gold- man Sachs, Haygart and Transamerica. Other Changes. Announcement of the formation of a gigantic holding company for a number of aviation concerns failed to exert much influence on group as a whole, although Keystone, which is in- cluded in the transaction, opened with a gain of more than 3 points and ad- vanced further later in the session. Most of the others simply drifted and ! a few displayed heaviness. Fairchild lost a point and Niles Bement Pond i reacted after a display of early strength. Olls continued in the rut and the metal group’ was dull and heavy with the exception of Carnegie Metal, which rose & point or so to a new high for the year. Y Baltimore Markets Special Dispatch to The Star. BALTIMORE, June 27.— Potatoes, white, 100 pounds, 75a1.25; new pota- toes, barrel, 1.25a3.25; sweet potatoes, bushel, 1.50a225: yams, bushel, 1.50a 2.25; asparagus, dozen, 1.50a3.00; culls, 50a1.25; beets, 100, 2.00a2.50; beans, bushel, 75a1.75; cabbage, hamper, 40a 50; carrots, 100, 4.0025.00; celery, crate, 6.00a8.00; corn, bushel, 1.00a1.25; cu- guml bushel, 1.50a3.00; eggplants, crate, 1.50a3.00; lettuce, bushel, 50a1.0¢ lima beans, bushel, 2.50a3.50; onions, crate, 1.75a2.10; peas, bushel, 1.00a2.50; Spring onions, 100, 1.00a1.25 ndi.she.u: 100, 1.5022.00; squash, hamper, 25a50; peppers, crate, 2.00a3.50; spinach, bushel, 50a75; tomatoes, crate, 1.50a 2.50; apples, bushel, 1.25a3.00; black- berries, quart, 8al6; cantaloupes, crate, 1.60a5.50; cherries, pountl, 6a18; grape- fruit, box, 2.25a4.00; huckleberries, quart, 15a20; oranges, box, 2.50a3.2! peachies, bushel, 3.2523.75; strawberries, quart, 6a13; watermelons, 30a60. Hay and Grain Markets. Wheat—No. 2 red Winter, garlicky, spot, 1.105%; June delivery, 1.10%. Corn—No. 2 expoyt, June delivery, no quotations; No. 2 yellow, domestic, spot, 1.09a1.10; cob corn, old, 5.50. Oats—No. 2 white, domestic, spot, 55; No. 3 white, domestic, spot, 53a53%3. Rye—Nearby, 95a1.00. ‘Hay—Receipts, none. While hay is arriving here in limited quantities only, it is more than enough for demand, which is being supplied mostly by trucks from nearby points, a few carloads be- ing received. There is not enough busi- ness passing to establish prices on the various kinds of merit at a range of ;‘A.WIIG.OO per ton for timothy or clover ay. Straw—No. 1 wheat, 12.0012.50 per ton; No. oat, 12.50213.00. Dairy Market. Poultry, alive.— Spring__chickens, pound, 32a42: Leghorns, 25a32; poor and thin, 21a22; old hens, 29a30; Leg- horns, 24a2! old roosters, 18a20; ducks, 20a23; guinea fowl, each, 50a1.10; pigeons, pair, 35a40. Eggs—Receipts, 904 cases; native and nearby firsts, dozen, 30: current receipts, 29; small undersized, 25. Butter—Good to fancy creamery, pound, 42a45'%; ladles, 33a35; store ;;gclfid, 30; rolls, 31a32; process butter, adl. Live Stock Market. Cattle—Receipts, 250 head: fair sup- ply, market steady steers, choice, 13.50a 14.35; good, 13.00a13.50; medium, 12.00 al2.75; comtnon, 10.00a11.50; heifers, choice, 11.50a12.25; good, 10.25a11.00; medium, 9.00a10.00; common, 7.75a8.75 bulls, good to choice, 10.00a10.50; fair to. good, 9.25a10.00: common to me- dium, 8.0029.00; cows, good to choice, 9.50210.00; fair to good, 8.25a9.25; com- mon to medium, 5.00a8.00. Sheep and Jambs—Receipts, 250 head; light supply, market higher; sheep, 2.00a 6.50; lambs, 8.00a14.50. Hogs—Receipts, 200 head; Jight sup- ply, market higher; lights, 12.10; heav- ies,11.75a12.00; rotigh, 7.50a10.25; light pigs, 10.10; pigs, 11.90; trucked hogs, 15 to 30 lower than quotations® Calves—Receipts, 75 head; light sup- ply, market steady; calves, 5.00a15.50; no extras. COTTON PRICES GAIN. NEW YORK, June 27 (Special).— Rains in Eastern sections of the cotton belt had great influence on prices today and new crop deliveries improved about 1 Burma Corp. 11 Burroughs Add M 17 Cable Rad Tube vic. 13Can Marconi W 6 Capital Admin A. 5 Capital Admin A 2 Celan Cor Am . 2Cent Atl Bt Se 1Cent Pip Cor . 2 Cent Pub S A 108 Cent States EI n 6Cen Sta El conv 7Cen S_El conv pf 3 Cent Sta El ptd ww 3 Chain Store Stock.., 195 Check Cab Mf %3 Childs Co pfd 252 Cities Ser n 2 Cittes _Ser pfd_. " 3City Sav Bk Ltd 1Clark Lighter ‘A 5Cleve Elec I 1Cleve Tract . 2Cohn Rosenbe; 2 Colg Paimol Gas S 20 Columbus ~El 5400 Commonw & Soi 1077 Commonw & Sou optls 5Cons Alrcraft 37 9 Cons Auto Mer 6 Cons Auto Mer pf 7 Consol Dairy P. 7 Consol Film 129 Consol G Balt 1Consol G Balt 2 Consol Instru . 41 1283 138%% 4 1273 127% i 5 Cont'l Diamond ¥ 26 1 Corroon & R pfd A. 100 33 Crocker Wheeler 330 21 Curtiss Wright A... . 7 Curtiss Wright wi 4 Curtiss Wright A wi 36 1 Curtiss Aero Exp 38 878 Curtiss Alrport vic 9 Dayton Alrplane “ Davega Inc , 9 Dayton “Airpiane . 51Det Afrcraft : For R C .. 1DeHavilland A n 4 Doehler Die C C 1 Donner Steel . @ Douglas_ Alreraft % Dow Chemical ... 1% Draper Corp ... 2 Dubilier C & R'...0 1 Duke Power 27 Durant Mot ... . 6 East States B 3, Educat Pict pfd 37 Eisler Elec 633 El Bond & Sh'. 5El Bond & Sh b 211 El Invest Inc . 1El Invest Inc pfa 2EIP &L 2pfd A 5Em Pow Cor .... 6 Fng Pu Ser opt war 2Evans Wall Lead 1 Fabrics Pinish . 1 Fageol Mot Co . 3 Fairchild Aviat A % Fajardo Sug Co 5 Fandango Cor A .. 3 Fed Meatls ctf 11 Fed Water A . 50 Fiat rcts ... 3% Pirestone "Tire ' 211 Pleischmann Roy *9 Fokker Alrp Am 5 Ford Mot Co Can A 4 Ford Mot Co Can ris 27 Ford Mot Ltd...... 1 Foremost Dairy pid 2 Foremost Fabrics 4 Foltis Fisher 10 Fox Theaters 1 Prank (HH) Mfg Go 32 Freshman Chas Co 2 Gamewell_ Co 8 Garlock Pkg 1Gen Alloys 12Gen Am Inv 19 Gen Bak 1Gen 38 Gen Gen Cable war Eiec Ltd req Fireprig n Indust Alco 'V Laund Ma...... Real & Util Cor Gen Real & Ut C pfd Gilbert (A C). Gilbert pfd... : Glen Alden ‘Coal.. 1Gold Seal Elec n. 1 Goldberg Strs pid 456 Goldman Sachs n 1 Gorham Inc pfd 2 Grand Rapids 13 Gr A & P T C pfd. 11615 3. Gr A&P T C non vic3ss = 3 1 Grigsby-Grunew n_. 137 2 Ground Grip Shoe pfd 374 3 Guardian Fire ....... 6212 2 Handley Page pr pid 3 Hall Printing . § Happin C St A" aveart Corp 3 Hazeltine Corp 3 Heyden Chem . 2 Hiram Walk G&AW B 2 Holt Henry A....... 1 Huylers Strs of ‘Del 2 Hygrade Food Pro 1Imperial Tob ... 11mp Tob Can ! 5 Indust _Finance ' ct 21Insur Co N A . 9 Insur Secur .. 20 Insur Shares. | 2 Intl Perfume 1Intl Prod . 14) Inl Project’ n 2 Intl Shoe .. 1lntern ULIA 1lntern Util ‘W 2 Interstate Hoslery. 4 Investors Eaquity 7Irving Air Chute 41tal Buperpow A Ttal Superp deb Tis. K € PS vie pfd A Sermath R LI Keystone Alrcralt 63 Kolster-Brandes Lackawan 8:c . Lake Found & M. & 26% Lenigh Coal & Navig 155 Libb Owens Sh Gl.. 1897 4Lily Tulip Cup 31 13 Long Isl Lt. 1 Long Is} Lt pid g 13 Loulzana Land & Ex 1MacMarr Stores...... 1Banning Bow ‘A 439 Marconi Intl Mar % 11 10731 10704 9% 9 8 points compared with a loss of 8 points on July. Cotton range: Open. CHICAGO DAIRY MARKET. CHICAGO, June 27 (#).—Butter low- er; receipts, 9,381 tubs; creamery extras, 415; standards, 42; extra firsts, 40adl; - firsts, 39a39%%; seconds, 38a38'z. Eggs unchanged; receipts, 14,442 cases. . Poultry, alive, weak; receipts, 6 cars: ~fowls, 2515; Springs, 41; broilers, 34 roosters, 20; turkeys, 22a30; ducks, 178 20; Spring duks, 25; geese, 15; Spring eese, 23, : L 2 Marc Wire Lond 11 Mavis Bottling. 2 Mayflower Assi 2 May Hostery. 2 McCord R B. 2 McLellan Stor A. 2 Midla Roy Con 2 Memphis Natl 1 Merchants Mfg A Merritt Chap & §... idi Royal Ont pId. id West ULl ... d W 5 Missourl Kans_Pipel. 9 Mohawk Hud Pow... 110 Montgom Wd rts ‘wi 2 Mohawk Hud war... 22 Murray Corp rts. at deb rts. ‘THE EVENING STAR, NEW YORK CURB MARKET 2 Natl Pam Strs. 1Nat Leather 1Nat Pup Ser A 2Nat Rub, Mach iNat Sus R NJn 16 Nat Theater Sup. 1Nat_Toll Bridge 2N H P B opt war wi 1 Nehi Corp.... : 3 Neisner Bros BN'Y Invest.... BN Tel e pid 13 Niles Bem Pnd. 2 Noma_Elec. . 42 Nor Amer A¥ 111 1North Amer €em 9t 8 North Am Utility $6¢ 2154 1Nor Am Ut lst pfd.. 953 137 North Eastern Pow.. 68%4 Nor Sta P A, 1 Novadei Asne 17Ol Stocks A. 2 Orange Crush. . |"1 1 Outboard Motors A’ 4 Qutboard Motors B. . 56 Packard Motor n 4Bac ' Bin prd 2Pac G & B ) 3 param Cab Mre 19 ¢ Benney & Go 14 3 G Penne ptd iPenn G & EI A Ohio Ed O Ed 65 pid 14 Penn O Ed p prd 13 Penn Wt P C.. 632 Pennroad Corp’ vtc. 1 Peop Drug_Store. 4Peop L & P Corp A 3 perfect Circle 2 Perryman Elec 48 Petrol Corp Vst 1Philip Morris. 4Philip Morris A 1Pick Bar & Co pid 7 Bierce Governor 3 Bilot Radio Tube 4% Pitney ‘Bowes P 2 Piits Ser & Bol 1 Pow" Corp” Cana 40 Prudential ‘Tnv 2pyrpne e 6 Rathbow Lum B A 2 Reliance Managemeni 4 Raybestos .1 10 2 Reltance Brass' & 1 gepetti Candy. 1 Revnolds Met. b 1Rockiand L & P & 3 7 Roch ' Cent Power. .. 1 Roorevelt Field. . LRoot Brg Cv pr FRuberold. ... L., Safe ¥ Stat '€ H& Lt Regis Paper. 18chiff Co., o0 1Schlet & Zan 1 Schuite Real st §56c Gen Am Inv 18ec Gen Am Inv pid: 1Scgal Lock & Hardw 13 Select Tndust Tnc ~ 3 Select Ind Inc pid 23 Sontry. Sately Cont, 17 8erv B vie 1 Sheafler Pen’. 4Sierra Pac E 22 Sikorsky Aviation . 12 Silica Gel ot 1s Singer Mfg i3 Smwith Co (A 3 Sonatron T\ 3 Southeast PV& T, 1Southe P & L ptd .11 3 Southe P & L war . 18o0u C E B pfd 2 South_Coast 5 Sou Col Pow 1Sou Royalty . 2 Southern Groc 4 Sou Grocery A . 1 Southern Tce & UB 11 Spanish & Gen rets 18pieg M St cum pi 18quare Co B 3 Stand Moter . 10 Stand Power & Light 18tand Pow&Lt pfa 13 Stand Steel Pro 2 Starrett - Corp 18 Steln Cosmetics 1Stromb Caris Tel 18 Stutz Motor 22 Swit Intl €Syra W 4T 1 Penn 14 Penn pld. 5 Ty 8 Thermoid 2 Thomps Prod A. 1 Thomps Starrett pfd “#Tishman Realty & C 2 Tob Prod Export. 1Todd Ship .. 14 Transcon Air Trs) TTrans Lux DLP S A 8 Travel Air Co. 72 Tri Cont Corp. 7 Tung Sol Lamp n. 137 Tubi Art 8 B. 12 Tung Sol Lamp. $Union Am_ Investing. 1Union N G Can 7 Union Tobacco 38 Uni Carbon vte 1101 Uni Corp rts wi. 1951 G 1000 ni ni & Por Sec:. Freight of Dei. Gypsum. Aviation Lines cagacdd EEE n0nn g By TOTCITUPRPUCIIONE -~ SRS Jot ndust Corp’ nd Corp pfd R i ir Western Air Walgreen S8 Zonite . 41 Ariz Globe €. 8 Carnegie Metals . 13 Gons Cop Mines 4 Cresson_Con Gl 5 Faicon Lead Min 28 Gold_Coin... ... 20 Golden_Center ‘M. 1 Goldfield Cons. 1Hecla Min.... 16 Hud Bay Min & Sm 4 1lron Cap Copper. 7 Metal and Min. 5 Mason =~ Val. 2 Mohawk " Min. .. 7 Newmont ~Mining 1N J Zinc n. 15 Noranda. 49Ohio Cop.. 37 Roan Anteio) 6 Shattuck Denn 280 Am Gold & P.. 12 Stand Sily Lead. 1Teck Hughes e wwaa i3 Sales INDEPENDENT OIL STOCKS. in hundreds. 24 Derby O & Ref...... 101 1Em G & F7scum pfd 3% 2Em G.& F 8s cum pid 106 15 Gulf Oil Pa 173 2 Homaokla O 37 9 Intercont Pel 1Kirby Pet.. 1 Leonard Oil. ATIOD O, - e b 2 Lone Star G Del. .. 4 Lone Star G Del n 'wi 4 Lone Star Gas rts wi 2 Margay Oll 2 Mount' Guli 7 Mount Prod. 7 Nat Puel Gas 1 New Bradford O.. .. 1 New Mex Ariz Land. 21 Nor Cent Tex Ol 2Pas Western Oil 1 Piymouth - OIl. .. £ Reiter-Foster Ofl 1 Texon Ol & Land n.. 3 Woodley Pet. Sales in _ STANDARD OIL ISSUES AND units. FORMER SUBSIDIARIES—STOCKS. 600 Anglo Am _ Ol 18 118 500 A A O vic COD. 100 Ohfo” OIl. 500 Penn Mex Fuel 100 South Penn O 100 Southern P 163008 O Ind.. 2008 O Ky n . 100 Vacuum Ofi Sales BONDS. in thousands, 3 AbiLibL P & P 58 A '53 12 Ala Pow Algs ' ¢ 17 Allied Pk 85 39 .00 479, 18 Alum Co Am 35 52" 101 4% 2% 5 on Bk SR s D S o ana Y Jol 2PSEEEEEEE 29 WASHINGTO THURSDAY, =] Received by Private Wire Direct to The Star Office 4it Ser Gas Pip 65 43 SCit Mery Pow b "83. 24 El Paso N G 6'%s "ij 106 ¥ gg32883822 3Empire O & R 5'%s '42 86% 18 Pairbks Morse 5s '42 941y 3 Firest Cot Mil 58 '48 4 Gatineau Pow 8s '4i 97 7Gen Ind Alco 6%2s "4 103% 2Gen Laun M 6% '37 95 5Gen Rayon 6s '48... 81 11 Gen Vend 6s '37..:. 22 Georgia Pow 58 ‘87 3 Gulf Oil Pen 58 '37.. 12 Gulf Oll _Pen 55 8 Harpen 65 _°49. 1 Hous Gulf G 6s'A 1710l Pow & L 5las 551Ind OIl & Gas 65 1391 22 Indlanap P&L 5sA 157 97% 41Intl Pw Sec 7s E '57 96 7Int Sec Am 55 '47.. 88 7 Inters N G 6s_'36_ww 102 1 Intersta_Pow 85 '57.. 81 alnters P 65 '52... . 90' 2Inv Cp Am 5s A" ’47 96 1In Cp A 55 A '47 ww 80 2Ia Nb L&P 55 A 57 92 1Jeddo H Coal 6s '41104% 9Kop G & Coke 55 "47 95% 20Leh Pw 6s A 2026.. 103 13 Libby McN & L 55 '43 91 7Louis Pw & Lt 55 '57 90% 2Mani Pw Sian A ‘51 09 9 997, 7128 "30 100 unson SS L 6135 '37 113 'ac Wm_Oil 6'% Tk & Thiford 979D 35 t S22 2825 CH @y 822 102% 102% 10 104 872 102 99 90 55 A 80 West Pow 5%s A 157154 Sales in thousands. FOREIGN BONDS. 1 Agri Mor Ba 75 '46.. Wain 65 '40 1 Cauca Valley 1s '48, . 8 Com & Pri Bk 5iis 37 3Danziz Port 6'as '3 82 1Eur M & I T'as A 50 1Eur M & 175 C '6T 2Finl Res' Mig 65 '61 5 Prankfort 6%:s '53... 7 Free S: Prus 6s '53. . 1Free St Prus 615 8Ger Cons Mun 6 IG & WRR65A '58..~ amburg E_$as 38 d M BK Fin 1s al Superpow 65 | ima Rep Pe 6 endoza 74s ' Montevideo” 6s A MorBk Bogota 7T * Mor Bk Eog 75 "47 n Mor Bk Chile 6s ‘31 2 Munt Medell 78 & 31 s '58. 18 Rubr Gas 6'2s 3 4 Rumania Inst 7s '59. 12 Rus G 6%s '19 cfs B 2 Saarbruecken 7s '35 7Stinn Hugo 7s '36 wa 5U E£t1 Wks 6125 A 47 A-Blus extra in stopk. —Plus 10 per cent in stock. d—Ex_ dividend hen issued. —With warrants. |CANDY-CIGARETTE WAR o e 2 azassn X w n e Special Dispatch to The ‘Star. NEW YORK, June prosperity” may sound like a paradox, but the candy-cigarette imbroglio which to have produced a considérable de- gree of economic happiness for all con- cerned. According to A. C. Allen, executive vice president of the United Cigar Stores Co., which dispenses both candy and cigarettes with fine impartiality, the sales of both products have greatly increased since the offensive and coun- ter-offensive got under way several ménths ago. Since the first of the year candy sales have, in fact, gone up 351, per cent, Cigarette sales, as previ- o:il.lsy reported, also have risen mark- edly. FEDERAL LAND BANK BONDS. NEW YORK. June 27 (Special).— Bid. Asked. Land Bank 4%s Nov. 1958. 5 A% Land Bank 4s°May 1958-38. Land Bank 4s Nov. 1957.37 Land Bank 4Ys Jan. 1957. Land Bank 4%4s May 1957-3 Land Bank 4%s July 1956-35 Land Bank 4145 May 19420p33. Land Bank 413s Jan. 19430p33. Land Bank 4'4s J.&J. 19530p33. d Bank 472 J'&J. 19550p35. d Bank 41,5 Jan. 1956-36. Land Bank 4%.s'J.&J. 19530p3% Land Bank 43s Jan. 19540p34 Land Bank 43.s July 19540p34 Land Bank 55 Nov. 1941op31. Land Bank 5s May 1941opdi * | Commonw Edis Co FOUND AID TO. SALES| “Wars bring | has had much publicity of late seems | JUNE 27, 1929, METAL MARKET. | NEW YORK, June 27 (#)—Copper steady; electrolytic spot and future, 18; iron, steady, unchanged; tin, stead: spot, 44.50; future, 45.12a45.25; lead, Louls, 6.7786.80; zinc, steady; East St. Louis" spot. and " future, 6707 ‘antimony, DIVIDENDS. | | Pe- | . Corporation. Rate riod. Am er Works. . do Stk do 36 1t pi. | Am shipbuildiris | . do pf.. o | Continental “Mot | Crocker-Wheeler Ele 5 |aardi i3 Delaw’ & Hudsor Co.$ | Eaton Axle & Spring.. Horn. & Hardart of 0t 1. Intl Awr Gorp BF BE.31. Intercontinental In- vesiment. Corp.., do pt Lakey Foundry Machine Co. | Lehigh Coal & Nav | Macfadden Pub) feTnsimt. ol oo Mulford. i 'K Co.". Nor Amer Co..Sik 40 DEV. on v | Northern " Bacific. .. Nortreastern Surety Pacific’ Pub ‘Sei 1 S5 b5 u 3 ! 51,00 @ cations $2.00 — July Aug. Qct. Oct. Aug. July Aur. Sep’ b, sep op: Jufy ‘Au. Sep Al Juiy Pennsylvania R'R.'. | Pennsylvania Co... Railway & Light Securities Co adEpr s o Sou N Eng Tei Co. San Diego Cons Gas Electric Co pf..... St Croix Paper Co U § Smelting Co...§ Virginia Exports Gain. Exports of merchandise from 'Vir- ginia were valued at $142,504,115 during preceding year, an increase of $6,087,- 374, according to figures made public by the Department of Commerce. The State ranked ten‘h in the country. Leaf tobacco ranked first in order of values among the commodities and was valued at $98,930,021, compared with $92,102,687 for 1927. EX) of merchandise from North Carol were valued at $68,663,979, compared Wwith $60,459,126 in the pre- ceding year, an increase of $8,204,853. Leaf tobacco accounted for one-third of the total. e Borden Company Expands. NEW YORK, June 27 (#).—The Standard Creameries, Inc., representing a consolidation of 15 Northern Cali- fornia ice cream and dairy properties, with assets exceeding: $4,000,000, has been acquired by the Borden Co. This much more HIS announcement will come as a great surprise to many women. Women who have been buying 12 ounce bottles thinkin See this generoussurplus! Thrifty buyers get this much more in every bottle of Clicquot Club 14 Pale Dry: they were getting full pints. If you, too, have bgen getting little 12 oz. ““pints,” this advertisement should be of great interest to you. 1t tells you how to get 1§ more for your money. Clicquot Club Pale Dry always ounce pint “dry” ginger ale, - ¢ And think of the qudlity! Only the finest and purest ingredients are used in making Clicquot Club. Mcllow syrups made from pure fruit juices, genuine Jamaica ginger, finest table sugar, and pure water, 4 There is as much ginger ale-in three bottles of Clicquot Club Pale Dry as you'd get in four bottles of any other nationally advertised -The flavor comes from ageing secret, too, Be comes in full 16 calls for gin| full steady; spot, New York, 7,00; East St.| | 1928, compared with $136,416,741 in the | B ot bt o) BBttt bl et e et R R T B o) Wall Street Briefs By the Assocfated Press. Directors of L. A. Young Spring & ‘Wire Corporation of Detroit, at a meet- ing to be held before July 15, will de- clare a stock dividend and make some change in the present cash rate, L. A, Young, president, said today. Earnings for the first half of 1929, he added, are equal to about $4.60 a share on the 330,000 shares. Net profit of the Stewart-Warner Corporation for the second quarter wiil show an increase over the correspond- ing period last year, says President C. B. Smith. In the second quarter last Distribution of the new and smallcr sized currency on July 10 is expected by bankers to have a temporary tightening influence on credit conditions. Thou- sands of persons will want the new money to carry around until the nov- elty wears off, increasing the volume of currency in circulation and” reducing | the reserve of banks. ‘The first 25 railroads to report May { earnings to the Interstate Commerce Commission show net operating incomes of $35,550,000, compared with $29,82 000 in May, 1928, an increase of be- tween 19 and 20 per cent. Steps to form a permganent national commission to curb stock swindling will be taken at a conference. to be held here Friday, under the leadership of Jesse V. Craig, president of the Na- tional Association of Securities Commis= sloners, Movemenit of iron ore on the Great Lakes this month, according to indica- tions, will surpass the present high June record of $9,921,000 tons, established in 1918, the Iron Trade Review says. The membership in the New York Cotton Exchange of John A. Brandcr has been sold to an undisclosed buyer for $30,500, the same price as that of the last previous sale. R \ POTATO MARKET STRONG. CHICAGO, June 27.—(United States Department of Agriculture).—Potatces —Recelpts, 21 new, 9 old; on track, 116 new, 29 old; total United States ship- ments, 883 cars; new stock trading fair, market strong, East Shore Virginia, bar- rel Irish Cobblers, mostly 4.75; old stock, trading light, supplies light, market stronger; ~ Wisconsin sacked round whites, 90a1.00. - PARIS BOURSE PRICES, PARIS, June 27 (#).—Price changes were mixed on the Bourse today. Three per cent rentes, 74 francs 65 centimes; five per cent loan, 102 francs 35 cen- times. , Exchange on London, 123 francs 9015 centimes. ‘The dollar was quoted at 25 francs 55 centimes, | Special Dispatch o The Star 5| year profits amounted to $2,226,050, | | equal to $1.82 a share. OIL PRODUCERS WARNED TO CONSERVE SUPPLY SAN FRANCISCQ, June 27.—Fred G. Stevenot, difector of the ‘California De- partment of Natural Resources, is mail- ing & letter to 2ll oil operators and les- sors in California, calling their ‘atten- tion to the new gas conservation law. “If after August 31, 1929, there is any natural gas being blown into the air and thus wasted, it is the intention and purpose of the State imediately to proceed with all the means provided by law to prevent such wastage,” the letter states. “This notice will give the lessors and operators interested a full 60 days' { time within which to make arrange- aments to meet the requirements of the new statute.” Since the failure of the, co-operative restriction agreement under the auspices ¢f the American Petroleum Institite he operators have free rein on drilling until September 1. It is the fear of F. D. Bush, State oil and gas supervisor, { that wells may be brought ‘in before then, and once a flow of gas begins, such as now cxists at the Kettleman Hills exploration well, for example, there is no way of controlling it. Due to the unexpected “joker” in the new gas law, its provisions are not enforce- able until 90 days after signing the act. WHEAT CLOSES LOWER. CHICAGO, June 27 (#).—Despite rallies due largely to reports that bum- per Spring wheat prospects have disap- peared, wheat values today developed notable weakness, especially in the late dealings. Speculative selling pressure revealed the market was at least tem- porarily minus any aggressive support. Rains in parts of the American and Canadian Northwest and slackness of export demand for wheat from North America promoted selling. Notice was likewise taken thaf manyof the heavier crop d: e reports from the South- west gave Teductions from much high- er expectations than were used im of- ficial estimates. Wheat closed heavy, 1% to 2% net lower; corn, % to 2 down; oats, % to 73 off, and provisions falling 2 to a 20 cent decline. VIRGINIA BANKERS ARE CAUTIOUS WITH FUNDS Caution in inviting new industries to Virginia on the promise of capital for development purposes is the keynote of a symposium of Virginia bankers, ac- cording to W. E. Carson, chairman of the State Comimission on Conservation d Development. * Mr. Carson explained that although there is an abundance of capital in Vir- ginia available for new industries, bank- ers were unanimous in declaring against the importation of lame industries on the offer of capital alone. in every botile This patient ageing process is so important that you cannot afford to overlook it. It is the secret of that subtle, delicious flavor found in Clicquot Club alone. The of its greater health value. sure to get Clicquot Club ger ale! When you want a drink of sparkling zest and in- terest, 9lways get Clicquot Club Pale Dry. It is good alone. And so good in any recipe drink that e This famous ginger ale reaches you in clean' pint bottles, so much more convenient and economical than wasteful *“‘near-quarts” of ordinary ginger ale because the contents of the bottle never “goes flat” before you can use it. Do try Clicquot Club Pale Dry —today. Buy in pairs, half dozens, or the 12-bottle Party Package. And now just a word about flavor. Long ago, the Clicquot Club people discovered that ageing gives _ aginger ale an utterly different flavor. Clicquot Club Pale Dry is aged. That is why At al] dealers, 4 v v A\ The Clicquot Club Eskimos— every Tuesday evening at 10 p. m., New York Time, Jrom wear, New York, and 40 associated radio stations. " Cliequot Club PALE DRY