Evening Star Newspaper, July 11, 1929, Page 14

14w F IN VOGT IS PRESIDENT -~ OFHOME BUILDING Promotion Made to Fill Va- cancy Caued by W. T. Galliher’s Death. BY EDWARD C. STONE. Pred L. Vogt, who has been first vice president of the Home Building Asso- ciation, was elected to the presidency the board of directors resterday to fill the vacancy caused by the death of William T. Galliher. Mr. Vogt has been connected with the assoclation for several years, is a banker, his bank- ing ¢onnections _ being with the National ~ Metro- politan. The directors also elected Dr. R. L. Quigley first vice president and C. Fdward Beckett second vice pre: ent. Luther W. William 3. Flather. Linkins has been circted a directsr fo Al the place made vacant by the death of his father. The report of the association made to the controller of the currency as of June 30, this vear, showed an increase In assets to $505,591.28. Banker Off for Maine Resort. William J. Flather, vice president of the Riggs National Bank, leaves here tomorrow for Poland Springs, Me., 1o spend another vacation at this W?.ll known resort. He is one of the hotel’s Most regular guests, having spent many Summers there before the far-famed Federal Reserve Board was even alked of. . Last January Mr. Flather rounded out 52 years' continuous service with the .Riggs Bank, & record exceeded only by Charles C. Glover, chairman of the board of directors, who has been out of the financial district for mahy months on account of illness., .It was.on Febru- ary 4, 1877, that Mr. Flather became | connected with Riggs & Co.'as a mes- senger, Temaining with. the original concern until its conversion into the Riggs National Bank in 1896, : M. Flather has been one:of: the bank’s vice presidents for many vears, having watched the institution expand until it now has six branches in addition to the main office. . e Bank Presents: Business Qutline. ‘The Lincoln National Bank is mailing to its clients and friends a booklet call- ed “The Outline of Business” which dis- | cusses the business gains of the present vear, freight volume, rail earnings, cot- %on comsumption, reports on depart- ment store trade and reports on busi- ness profits. Bm}’mng costs are also Teviewed. per capita.bank deposits stated, while busi- ness in the steel and other leading in- dustries is given special attention. Farm Values are given their share of study. Many of the standard barometers of business are applied to the various in- dustries to make the booklet of 30 pages ANCIAT. —Prev. 1929~ Stock ana 1 High, Low Dividend Rate. 5474 38% Abitibl Power & Pap 1047 27 Advance Rumley... 1119 40% Advance Rumley pf. 4% 1% Ahumada Lead 158% 954 Alr Reduction (3)... 487 37% Afr Wal Bl Ap(2%) 11% 4! Ajax Rubber. 10% 4'$ Alaska Juneau 43% 274 Alleghany Corp. 10815 9914 Alleghany C pf ( 1081k 100% Alleg’y pf rets(5% ) 346% 241 Allled Ch & Dye (6) 125 120% ‘Allied C & D pf (7). 280 166 Allis-Chalm Mf (7).. 425 225 Amerada Corp (2)... 23% 104 Am Agricul Chem... 73% 40% Am Agricui Chpf... 141% 110 Am Bank Note (13).. 2032 14% Am Beet Sugar...... 73% 40% Am Bosch Magneto. . 62 45 Am Brake Shoe 2.40. 34% 15% Am Brown Bov Elec. 104 49% Am Brown B E pf(7) 16314 1078 Am Can (t4)........ 106t 92 Am Car & Fdy (6)... 120 114 AmCar& K pt (1)... 665 46% Am Chicle (2)....... 5 4813 Am Com Alc (k1.60). 473% 23% Am Encaust Til (2).. American Euro See. . 1387, 75% Am & For Power.... 10813 104 Am & For Pw pf (7). 103 88 Am & For Pw 2d pf.. 42 24% Am Hawalian (1). 85% 64 Am Home Prd (3.60) 48 38 AmIce (13) 76'4 52! Am Internat (12) 12912 102% Am Locomotive ( 188% 147'¢ Am Mch & Fdy ST a4 147% 81'% Am Pow & Lt (11)..4 103 98% Am Pow & Lt pf (6), 848 79 Am P&L.Df A st (5). 531 40 Am Rad&Std S(1%). 64% 4314 Am Republics. . 12914 106'2 Am Roll Mill (e2). 74% 61 Am Safety Raz (15). 100 1243 93'2 Am Sm & Ref (4).... 138 130 m & Ref pf (7). 9% eel Fdy (3) 714 Am Sugar RIg (5).. 351 Am Sumatra (3). 17 AmTel & Ca (5). 1934 AmTel & Tel (9) 18615 160 Am Tobacco (8). 188 1604 Am Tobacco B (8). 1213% 115 Am Tobacco pt (6). 155 136'a Am Type Fdry (8)... 1465 104 948 60 97 Am Water W 16% Am Woolen. 3915 Am Woolen pt. 39% Am Writ Papr p! 9 Am Writ Paper ctfs. 24% Am Zinc Ld&Sm. . ... 94 Am Zinc Ld&Sm pt 99 Anaconda Copr (7). 8614 62% Anaconda W&C (3) 621 43 Anchor Cap (2.40). 68% 44% Andes Copper (3) 49'; 29 Archer-Dan-M (2 115 114 Avcher-Danpf (7). 95 85 Armour Del pf (7). 18% 10% Armour 11l (A). 10t 5% Armour 111 (B). 86 Tl Armour Il pf (7) 40% 19% Arnold Constable. 30 24 Artloom (2). 307 26% Art Metal (1% 58% 49% Asso ApplInd (4). 70% 43 AssoDry G (213).... 107 90 Asso D G 1st pf(6). 4716 4013 Asso Oil (2).... 24815 195! Atch T & S Fe (10). 201 169 AtlCoast Line (110). 67% 321 AtlG & W Indies. 6112 45% AtIG& W L pt (4). 77% 532 Atl Refining (11%) 115 90 Atlas Powder (4) sL(6). 58% 46 15% 491 11 140 of greater value. 3 §‘ewra] interesting charts picture the | changes in business so far this vear and present_comparisons of special in-} terest to both the banking and business; worlds., The outline is to be issued| monthly. Double Taxation Is Cut Off. he movement toward the elimination | ndeuplk‘aLe and multiple inheritance | taxation has continued to progress, 12| additional States having enacted laws during the 1929 sessions of their Legi Jatures granting reciprocity in in heritance taxes on stocks in the estates of non-residents. There are now 33 States and the District of Columbia, in addition to Yukon Territory and the Province of Ontario, Canada, which /| have entered into reciprocal relations with New York State. As a result, no inheritance or trans- fer tax will be imposed by the State of New York in respect to stock of New York corporations included in the estate of a decedent who was a resi- ,dent of a ‘reciprocity” State. The effective dates of reciprocal relations vary. V‘)Jl‘st Virginia came into this agree- ment on June 3. The District of Co- Jumbia, Maryland and Virginia have | been in it for a much longer time. | The American Telephone Co. is| greatly interested in this law, as 91 per cent of the stockholders live in territory included in the agreement. Storage Companies Merged. Smith’s Transfer & Storage Co. has| taken over the business of the Central Storage Co.; formerly located at First and M streets northeast. and now located at 1132 Ninth street northwest. The Smith Storage Co. is a corporation | owned by Clarendon Smith and Arthur | Clarendon Smith, located at 1313 U street northwest. Bank Presented With Clock, Mrs. E. e ‘Pyles presented the | Anacostia Bank with a telechrom line clock_with Westminster chimes at jhe monthly meeting of the board of di- rectors late yesterday. The gift is in| memory of her husband, the late Rich- ard A. Pyles, who was one of the or- ganizers of the bank and for many years vice president. For years he was one of the best known physicians in that part of the city. The gift was en- thusiastically accepted by President Maurice Otterback and will be placed gree the vault door, in the rear of the | nk. . Heard in Financial District. The Commercial National Bank hls\ placed an exhibit of Philippine money in the lobby. This money is almost the exact same size as the new United States money and very much the same in appearance, yet is worth only about half as much. Anybody accepting a $5 Philippine bill would really be get- ting only about $2.50. The bank ad- vises_patrons to become familiar with the Philippine currency. The Interstate Commerce Commission has placed a so-called final valuation | on the owned and used properties of | the Chesapeake & Ohio Railway and affiliated lines of $187,935,000 for owned | and used properties and $7,764,335 for ! used but not owned properties as of June 30, 1916. The United States Treasury author- ized Federal Reserve system to buy $75.000,000 3'2 per cent Treasury notes, series A, due 1930-1932, at 98 and a crued interest, for account of Trt | ury - sinking _fund; notes quoted "at 97.24a98 at Wednesday's close. The American Stores Co. reports sales | for June at $10,755,963, against $10. 329,082 a year ago, or a gain of 4.13 er cent. Over the last 26 weeks sales responding period a year ago. Bonds Lead D. C. Exchange. Probably the largest trading in bonds in many weeks took place on the Washington Stock Exchange today. Capital Traction 5s, Potomac Electric consolidated 5s, Washington Gas 5s, Gas 65 series A, and Gas 6s series B, and, Anacostia & Potomac Railroad 58 106'2 100 Atlas Powdr pf (6) 10% Atlas Tack..... 3891z 221 Auburn Auto (j4) 10 515 Austin Nichols. 35% 22 Autosales. 50° 424 Auto-Strop 811 Am Shipbuilding (8) 5608 7« Am Water Wks (c1), 158 Sales— Add 00. High. Low. Close. Close. 6 42% 1 404 3 59 s Y 71 161% 434 [ 6% 43'% 101 108% 338 121 276 328 1% 43 143 12 34 6 R0s 656 6 1 13 80 3 19 260 5 3 16514 101% 5 66 49 3l 814 1217% 126 ik P 100 804 52y 46 132 643, 1021 130 1810 115 148 1481y 9% 17 40% 434 21 95 119% 701, 48 5313 Sl 111 8614 90 441 5 114'% Baldwin Loco pf (7). 10s Balto & Ohio (6)..... Balto & Ohio pf (4).. Balto & Ohio full pd. 33 115 8012 75 1271 123% 11015 104 805 6415 Bang & Aroos (3%). 23% 26 Barker Bros (2). 86 Barker Bros pf(633). 38% Barnsdall (12%). 87 Bayvuk Cigar (2). 9815 Bayuk Cgr 1st pf(7). 20 Beacon OI1 73 Beech-Nut Pac 11 Belding-Heminway.. 78 Bendix Aviation (2). 75% Best& Co (3)... 493 113% 106% 2913 101 1% 95 9415 118% 123 116% Bethlehem St pf (7). 617 42l Bloomingdale Bros 136% 110% Bohn Alum&Br(t4) 11% 6 Booth Fisheries » Borden Co (3) Borg Warner (j4) 8% Botany Con M (A). « 30% Briggs Mfg.... 428 40 Briggs 120's 114% Bristol Myers(1413). 674 3% British Empire Steel 1313 5% British Em St 2d pf. 737 42la Brockway M T (3). 81% 60y Bklyn-Manhat (4). 213'2 170 47 38% Brown Shoe (2'3) 55% 38% Bruns-Balk-Col(3) 4414 18 BrunsTer &Ry S 42% 25% Bucyrus Erie (1). 80 38% Bucyruscvpf(2%). 5314 46 Bullard Co (1.60). 39 22% Burns Bros B.. 105% 95'% Burns Bros of (7) % 234 Burr Add Mch (15).. 118'; 110 Bush T Bldg pf (7).. 91; 4% Butte Copper & Zinc. 12% 6% Butte & Superior (2) 41 28 Butterick Co 1927 122% Byers (A M) : 138 104% By-Prod Coke (13)... Bklyn Union Gas (5) 2’ 84 128% 1 8% 9 125% Bamberger pf (633). Z0s 109 6 Bl% . 140s 8214 Bethlehem Steel (4). 533 1185 34 EPINIT et PN [TV 115% 5 9% 30% 140 135 P, A — 81% 72% Callf Packing (4) 3 17 Callahan Zinc & L... 185 124ia Calumet & Ariz (10). 617 36% Calumet & Hecla(4). 94 78 Canada Dry G A (5). 2657 218 Canadian Pac (10).. 4812 36 Cannon Mills (2.80). 922, 82 Car Clin & Ohio (4) 379% 308 Cise (J 1) ctfs (6). 79% 52 Celotex (3)... 9315 85% Celotex prf (7) 5215 401 Cent Alloy Steel (2). 20% 12 ° Century Rib Mills. 160 88% Cerro de Pasco (6). 28% 1613 Certain-teed Prod 805 Cent RRof NJ (112). 195 Ches & Ohio (10). 781 Chesapeake Corp Chi & Alton. '2 Chi & Alton pf. 49 Chi& Fast 111 pf. 38 ChiGreat Westn pf.. 27% Chi Mil St P&Pac. .. 46 Chi Mil St P&Pac pf. 80' Chi &N W (4) 484 Chi Pneu T pt 139% 115 Chi RI&Pac (7).... 1027% 98% Chi RI& Pacpf (6). 108% 105% Chi R I& Pae pf (7). 50 37% Chickasha C Oil (3). 74% 447 Childs Co (2.40). 135 #66 Chrysler Corp (3). 62% 49 City Ice & F (3.60) 27 19% City Stores (1)..... 72% 521 Cluett Peabody (5).. 148% 120% Coca-Cola (4).. 50 46 Coca Cola A (3) 7214 48 Collins & Aikman. 78% 56 Colo Fuel & Iron. 122 101 Colo & South (3) 614 53% Columbia G&E (2 108 103% Colum G&E pf A (6). 88% 55 205' 121% Columb Carbon t4% . 62% 43 ComCredit (2)...... 247 110% 19% 25% 6674 630 39 63% 94% 565 s 26% 24 Com Credit pf (1%).230s ave gained 3.73 per cent over the cor-) 1053, 954 Com Crd 1stpf(6%). 70s '98% 98 28 25 CoumCredit pf B (2). 195 131% Com Inv Trust (14 6274 27% Com Inv Trst war 446% 225% Com Solvents ( 246 107% Comnwealth Pwr t4, 93 59's Conde Nast Pub (2).. E3b% 19% Congoleum-Nairn... 92% 69 Cong Clgars (15%).. 30% 25 Consol Film In pf(2) 184% 95% Consol Gas (3) appeared on the board in good sized transfers. Railway & Electric 4s also came out. 'Prices were around recent levels and the turnover was $24,600. ° In_the stock division Potomac Elec- e T metbvay & Hecitic preiepred ere: 3 way 97\ and 98 and Merchants Bank & Trust Co. 150%. Thomas C. Perkins, member of the gn‘mn{‘d. Cflnn., Sl"ucdk ll!m;xn':iu m n the city to study local exch ?;;Lh;ds wu! accorded the privilege of ¢ 00X, 100% 96'% Consol Gas pf (5). .. 70% 51 Consol RR Cubpf(6) 6% 2% Consol Textile..usus 23% 12 Container Corp A.... 7 6 Container Corp B. 90 47% Contl Baking A 16% 8% Contl Baking B 100 88% Contl Baking pf (8) 80 60 Contl Can (2%)..... 94% 79 Contl Insurance (2). 28% 14% Conti Motors (80¢).. 35% 20% Contl Ojl of Del. 106% 824 82 Corn Prod (13} 51 Coty Inc (g2) . 50s 130 11 T8 2 1w 7 130 17 421 66 9315 30 242 1 36% 83 70 384 1 35 3 10 9915 18 27 139 36 252 827 9 5 16 2 10 66 56 13 5 5214 11 134 1 99% 1 105% 2 37T% 26 Thw 410 74 3 5ly 6 19% 5 55% 15 147% 2 47 9 544 3 66% 7 115 485 89% 8 1074 3 1981 73 48% 26% 80s 26% 16 16714 11 sim 6 434 2 225 3 T4% 50 23% 3 Tl% 21 26 16 6 2 10 6 17 89 6 186 T 29 38 98 61 3 14% 7 881y 14% 9RY, 9% 89% 15% 347 PP 404 5% 1% 15715 a2u 5% 57 a1y 108 107% 838 121 276 a1y 1% 43 139 161 100 115 641 48 31 834 T118% 12 182 61 67 9% 80% 4sn 45 130% 641y 99% 177 115 147 1424 995 17 404 41 12 25% 95 118% 03 48 301 11003 86l 120 B4y 90 44'3 243 70 1047 102 120 1274 116% 114 5 83 30% 139 134 T 1% 129 42 92% 241 3614 83 374% 25 349 246 9% 4t Tin 58% 42 By 924 52'4 1324 991 105% 37 69% 73 51% 19% 54 147 47 53 63 115 844 106% Couml Graph (29.1¢) 527 70% 66 198 47 26% 26 163 50! 430 225 TN 23 71 2514 1242 137% 1344 974% . 6078 2% 14% 7 86% 13% 978 76 424 401 57% 2 157% 481 [ Bl 43% 108 108% 338 121 276 3114 5 Td% 28 1 26 137% 9714 607 3 14% 7 B3 18% 98% 8% 895 15 33% Prov. 42% 40% 60 1 157% 42 5% 5% 41% 73 51% 19% 56 147 46% 54 64’ 116 84Y% 108% 8 20 49 25% 99 26% 1661 5274 4325 220% T4% 23% 4 2614 1341 98 60% 3 14% 6% 87 14y 981 784 895! 164 34% 81 10415 102%. 102% 10845 423 *67 C1% 67 ~Prev. 1929~ High, 60%% 101% 25% 25 102 /7% 131 693 61 1200 T4 122 360 'EVENING Low. 42% 94y 184% 85 1% 5% 1% 11 60% 2 49'% 113% 135% 5814 Stock and Dividend Rate. Crown Cork & Seal. . Crown W P 1st pf(7) 1008 Crown Zellerbach (1) 2 Crucible Steel (5)... 25 Cuba Cane Sugar. 9 Cuba Cane Sugar pf. Cuba Co i Cuban-Amer Sugar. Cuban-Am Sug pf...110 Cuban Dom'Sugar Cudahy Packing (4). Curtis Publish pf(7) Curtiss Aero (1).... Cutler-Ham (3%)... Cuyamel Frult...... 10 3 s 6 6 30 21 11 18 I Davison Chem. . 82 Debenhams (a1.59).. 2 Deere & Co pf (7)... 190s Delaware & Hud (9). 490 Del Lack & W (17).. 25 Denv& R G W pf. 14 Detroit Edison (8).. 9 Devoe & R 13t pf (7). 10s ‘Diamond Match (8). 90s Dome Mines (1) Dominion Strs(1. Drug Corpn (4) . Dunhill Inter ($4) Du Pont de N(14%). Dupont d N deb (6).., Duquesne 1st pf (5). E- Fastman Kod (18).., Eaton Axle & S (3).. Eitingon-Sch (235).. Elec Auto Lite (6) Fileetri 2 38 2 58 ng Pub Sve pf(514) quitable BIAZ(2%). ErieR R Erie R R 1st pf (4. Erie R R 2d pf (4) Evans Auto L(12} Fairbanks Morse (3) asn Pk Assoo . Fed Lt & Tre (1173). Fed L.t & T'r pf (6) Fed M & S pf Fed Motor Fid Phen F Ins (2).. Fllene's pf (613).... 38 First Nat Stores 1%. Fisk Rubber. . . Fisk Rubber 1st pf.. 1505 Flelschmann (13%4). 33 Flelschmann ctfs. Follansbee (1215). Foundation Co. Fox Film A (4)..... Frank Simon pf (7). Freeport-Texas (4). 3 4 20 508 12 Bales— Add 00. High, "6 5% 56% 66ly 9% 94% 194" 187 1045 1023 4 a% 1% 11% 184 1T 15% 15% 68% 68% 4 54y, 5a% 114% 114% 159 157% 92 87 9% 94 5414 3414 120% 213 138 T1% 290 52 34 120 211 137 7015 283 115 137 4T 111l 988 20314 61 2914 167 12% 6 100 981 101% 1014 16 16 10814 106 100 100 6915 68 9 R 493 48 D00 KRS 891 T4% 5613 88 87 1041 104% 46 453 T Gabriel Snub A 1 Gamewell Co 9 Gardner Moto s Gen Am Tnk Car(34) 44 Gen Asphalt........ 108 Gen Asphalt pt (5).. 10 Gen Bronze (2) 5 Gen Cable 1 n Cable n Cigar (4) 9 Gen Cigar pf (7 Gen Electric (16). en Elec spec (60c). n Gas&El A (ell3) Gen G & EIpf A (7). GenG & EIpf A (8). Gen Mills (3)....... Gen 3otors (13.30).. Gen Motors pf (7). Gan Outd Adv A (4). Gen Outd Ad vie Gen Public Serv (b n Ry Signal (5). n Refrac (1315) llette Safety R (5) Gimbel Brothers Glidden Co (t1%). Glidden pr pf (7) Gobel (Adolf). i Gold Dust (2 Gold Dust bt (6). Goodrich BF (4) Goodyear Tire (5 Gotham Silk H (2 Gould Coupler Graham-Paig Graham-Paige ot Granby Consol (7) Grand Stores (1) Grand Union. Grand Union pf (3 Granite City Stl (3). Grt North pf (5) orOre (a1%). Grt West Sug (2.80). Greene Can Cop (8). Guantanamo Sugar. . Gulf Sta Steel (4) 19 3 5 15 Hackensack W (112) T0s Hackensack pf (1%) 100s & Tllinols Central (7). . % Intl Print Ink (23%). 5% Intl Salt (1%). . 4 Johns-Manviile (3).. Hahn Dept Stores. .. Hahn Dept S pf(6%) 4 Hanna (M A) 15t(7).100s Harbison Walk (2)..670s Harbison W pf (6).. 30s Hartman B (120)... 1 Hayes Bdy (b8%stk) 9 Hershey Chocdolate.. 5 Hershey Choc pf (4). 6 Hocking Val ¢10).... 50s Hoo (R) & Co. . 14 Holland Furn (e213). 10 Hollander & Son..... 8 Houd Hersh B (1%). 11 Househd Fin pf (3).. 2 Houston Oil.......... 15 Howe Sound (t43).. 9 Hudson & Man (2%). 10 Hudson Motor (5)... 43 Hupp Motor (£2).. 33 1. 6 33 46 20 Independ Oil & G (2) Indian Refining..... Indian Refining ct. .. Ingersol Rand (5% ) Inland Steel (334)... ITnspiration (4).. Interboro Rap Tran. Intercontinental Rub Intl Agricuitural Intl Agri pr pf (7). Intl Business M (5). Intl Cement (4) Intl Comb Eng\ Intl Cmb Eng pf (7)., Intl Harvester (2%4). Intl Harv pf (7)..... Int Hydro El A (e2). Intl Match pf (3.20)+ Intl Mer Marine., Int] Mer Marine pf Inti Nickel Can (804 Intl Nick Can pf (7). Intl Pap & P A(2.40). Intl Pap & Pwr B Intl Pap & Pwr C. Intl ’ap & Pwr pf(7) 9. 6 . 680 11 48 6 4 6 Intl Print Ink pf (6).100s Intl Rys Cent Am 1 . .. 1408 Intl Tel & Teleg (2). 335 Inter Dept St (2).... 2 Inter DptSpfx w(7) 2 1sland Creek Coal(4) 2 J- 94 Johns-Manv pt (7).. 20s Jones & Laugh pf(7) 20s Jordan Motor Car. 9 K an City Sou (5). Kaufmann DS (1%) Kayser J & Co (5)... Keith-Albee-O pf (7) Kelly-Spring Tir Kellv-Spring 8% pl Kelsey Hayes (2)... Kelvinator Corp. Kennecott (5)..iu00 Kimberly Clrk(2%) Kinney (G R) (1) Kinney (G R) pf Kolster Radlo. Kraft PhCh (1 Kraft Ph Ch pf (6% Kresge S 8 (1.60). . 14 4 9 22 450 2 50s 43 16 1 30 4 Kreuger & Tol(1.34). 463 127% 10 19 34 L 50 81% 81% 34 Kroger Gr&Bak(cl). 86 1- 25% 24 8314 14 95% 24 8215 144 94 841y 129% 617 46 96 7015 120 3168 3414 1% 80 104 11 80 104 a4 8215 630 1193 118% 818 PRI 361y 59 105 45 70 6B 1144 112 50Tk e 123% 4613 214 % 26 841a K17 241y 5% 116% 11515 112 1114 01y 1784 177% 4 4 6612 28 2813 96 60% 1114 1111, 23% 40 93 9 478 311 40 a® 49% 80% 714 40% 88% 457 39 93 9474 468 30 3614 0 47 495 78 70 4015 871y 4412 * 1431 143 340 34% 43w 4218 415 41 92 44y 22 10% 9ty 60 22714 8L 80% 0% - 671y 105% 104% 115% 113 139 139 53 50 234 122 18 1214 84 52 9744 B4 54 9743 5015 50 73% Tl 1067 104 68 68 904 90 5118 511 1925 1884 120% 120 120% 120 Tty 967 9614 26% 54% 5% 1221, 118 15% 16% 70 697 46% 45 16% 16 8814 51 41% 100% 100 36% B4 Bl 4 95 95 50 49 381 871 90% 8T% L L.ago Oil & Tran Lambert Co (8). Lee Rubber & Tire. . Lenigh Vailey Coal.. Leh ValCoal pf 13). Lenigh Valley (3%). Lehn & Fink (3). 4 Liggett & My (15).. Liggett & My B (16). Liggett & My pf (7). 2 Lima Locomotivy Link Belt (2.40). . 2 Lig Carbonfe (t4%). 209 Loew's.Ine (2) 30 Loew’s Inc pf ( 1 3 182 10 10 1 20 12 5 17 33% 33 153% 151% 15'; 14% 21% 21 39 39% 94 92 52 514% 88 8% ROy 8774 130 130 547 §621 53 53 1011 961 58% b6% 9% 9 94% 19% 103'% 3% 11% 18% 15% 68% 4 B5a% 114% 159 89 94 52 34 120% 211 138 7015 290 115 187 974 47% 1131y 521 189! 1154 98% 20714 64 29% 169 12% 781, 106 Ran S 70'% 613 981y 9% 39 TR% 65 63% 60 43 664 99 991 101% 16 10614 100 1043, 46 24 821y 14ta 94 85 130 61% 47 o6 7014 Prev. Low. Close. Close. 57% 100% 181 103% 3% 11 18 15 6874 3% 54 114% 158 93% 94 54% 6500 1004 99 101% 16 106 100 AR 9 497 888, 3448 3 111 80 104 118 82% 1124 10 4 70 114% X1 1245 477 120 298 26 B4y 8l7n 2419 1157 1121 30% 36 177% 4 67 28 28% 96 60% 11y 230 143 3412 4215 4ty 92% b1y 88 881 130 524 53 88 134% 543 | Holborn Borough Oougec:l. 524 | chants, & numi ' ~Prev. 1929~ Hirh. Low. 1% T% T4% 56 31 20 18 12% 48% 35% 153% 138l 1087 66 18 98% 46 120 2814 82 59 62 114% 217 24 8214 39%, 105' 26 by's 33‘- 378 57%s 300 37 107 156% 6215 49 b5 91 148 17% 60 - Macy (RH)&Co (et Stock and Bales— Dividend Rate. ~ Add 00. High. Low. 166 3 16 20 50 2 42 1 Loutsiana Oil. ... .. LouG & EIA (1%). Louts & Nash (7). Ludlum Steel (2). Ludlum Sti pt (6%). M. Mac A & Forb(12.85) McCrory pt (6)..... Meclntype Pore M(1). MckKeesport T P (4) .. Mckesson & Rob (2). McKes & Rb pf(3%). Mack Trucks (6) . 7 2 6 3 10 1 34 8 Madison Sq G (1%) 1 Magma Copper (5). . Mallinson & Co. Mailinson pf (7). Manati Sugar. . Manati Sugar pf. Mandel Bros (2%). Man Elec Supply. .. Man Elev mod (d5) Man Shirt «2).. Marlin-Rockw (14).. Marmon Motor (4).. Mathleson Alk (e2)., 106 May Dept Strs (4)... 47 Maytag Co (12). 62 Maytag Co pf (3). 11 Melville Shoe (1.40) 5 Mengel Co 13 Mexican Seaboar 32 Miami Copper (4)... 30 Michigan $t) (27%3)., 30 Mid-Continent P (2). 24 ates OIS, s e < States Oi1 Midiand St pe 110 % 2 11 Miiler Rubber, Minn Moline Pw Minn Molineptél4.. 1 Minn & 8t Louis...,. 2 M St P& SSM11(4). 308 Mo Kan & Texas.... 107 Mo Kan & Tex pf(7). 4 Missour! Pacific Y Missour! Pac pf (5) 8 Mohawk Carpet 12%. 11 Mont Ward ( 3 Moon Motors Morris & Essex (3 Mother Lode (40¢). . Motion Picture Moto Meter A. ... Moto Meter A ¢ Motor Products (17). Motor Wheel (2).... Munsinzwear (13%). Murray Corp (a3)... 30s 17 80 9 1 10 1z 4 41 10% 0% 25 12% 464y 148% 106% D% 39 107 16% 71 52% 60 9 200% 18% B3% 59% 6% 24% 40% 64 2815 493, 44 15% 330n 0 230 298 1i% 41 1008 24 579 57% 105 963 142% n 1 £y 3 56 20% 17 135% 44% 5T 92% Ne— Nash Motors (6). t Acme (1) atl Air Trans Natl Bella Hess(31). Natl Biscuit (16%) Natl Cash Reg (14) Natl Dairy (11%) Nati Dept Stores. Natl Dept St 1st Natl Distillers. ..... Natl Distiliers pf(7). NatiEnameling (2). Nati Lead (5)... “ 12 47 10 92 385 380 1 - 2008 3 14 2 3 « Natl Lead pf A (7).. 1108 Natl Pwr & Lt (1) Natl Radiator. Natl Radiator p Natl Rys Mex 2d pf.. Natl Supply (18). Natl Tea (1%).. Nevada Copper (3).. Newport Co A (3) Newton Steel (3). N Y Air Brake (3) N Y Centrai (8) _ N¥Doek...... 93 22% 42% 9% 6 53 39% 26% 59 63 27 49% 154% 43% 55% 195% Y & Harlem (5) Hé&H (4) H & H pt (7) Y Ont & West. X Steam pf (6). Norfolk&Wstn(110). North Am(b10 % stk) orth Am pt (3).. oGer Llovd (3.41) Northern Vae (5). North Pac ct (5) Norwalk Tire & RI e aE 16 2 ot 467 67 109 4474 219% 155 1074 Sl 305 110% 121 25' 9813 248 147 52% Bain 112% 1087% 28 [, V—— Oliver Farm Equip. . Olivr Fr Ep cv pt(3). Olivr Fr Eq pf A(6). Oppenheim Col (5).. Otis Elevator (6). Otis Steel. .. Owens 111 Glass (4 8 6 2 1 1 50 2 a3 56 9 Ty 390 4% 9 — Pacific Gas & E (2).. Pacific Lighting (3).. 31 Pacific Oil stubs..... 21 Pacific Tel & T (7).. 110 Packard Motor (15). 113 Pan-Am Petroleum.. & Pan-Am Pete B...... 176 Pan-Am West B Paramount-F-L (3) Park Utah (80c) 35 Peerless Motor Car. Penick & Ford. Fean Coal & Coke. . Penn Dixfe Cement. . Pennsylvania RR(4) People’s Gas Chi (8). Pere Marquette (18). Pere Marq pr pf (5). Phelps Dodge (3). Phila Co (7). Phila Co 6% pf (3).. Phila Rap Tran (4)..5008 Phila & Read C&1.. 42 Philip Morris (1). 2 Phillips Pete (1%). Plerce-Arrow A. . Pierce Arrow pt (6). Pierce Ol Pierce Oil pf. Pierce Petroleum. ... Pillsbury Flour (2) Pirelil Co A (2.88) Pittsburgh Coal Pitts & W Va (6). Pitts Steel pt (7). Pitts Terminal Coal. Poor & Co (12) Postum Co (3) Prairie Oll & Gas. rairie Pipe L (1 Pressed Steel Car. . Pressed Stl C of (7). Prod & Refiner: Prod & Refiners pf. Prophylactic (14) Pub Sve NJ (2.60) Pub Sve NJ pf (5) Pub Sve NJ pf (6) Pub Sve NJ pf (7 Pub Sve E&G pf(6). Pullman Corp (4). Pure Oil (1%). 30 Pure Oil pf (8)......-208 Purity Bakerles (3). 367 23 10 €814 24% 12% 45% 147 104% 117% 29 107 15% 'll 52 60 98% 199 18% 68l 24% 97 25% 104 241y 2813 33t 29% 78 81% 58 85 23% 145 100 25% 281 T6% 5414 59'a 181y 76 18 40% 50% 110t 95 105'% 19 4 107% 1134 14413 R Radio Corp. . Radio pt B (5) Radio-Kelth-Orph A. 361 Reading (4)... 5 Reading 2d pf (2)... 2 Real Silk Hosfery... 24 Real Silk Hos pf(7). 1008 Reis (R) & Co. 1 Remington-Rand . 533 Reming-Rnd 2d (8).. 1 Reo Motors (11.60).. 24 Rep Brass Corp..... 3 Rep Iron & Stl (4) 157 Reynolds Spring.... 2 Reynolds Tb B(2.40). 27 Richfield Oil (2)..... 28 Rio Grande Ofl (k2). 6 Ritter Dental (2%). 1 Rosaia Ins (220). b Royal Bak Pwdr(1).. 61 Royal Dutch(a1.336) 1 8% 9 39% 117 AT 81 98 12 44y 100 23 45 109 kil 56% 4al'y 29% 69 9 36% 53% ———S——— Safeway Stores (3).. 53 FOREIGN EXCHANGE. (Quotations ft London, pound. Paris, franc Brussels. beiga. ‘mark Berlin, Lira. Rome. Madrid, Vienna, As a sequel to the Holborn street ex- plosion. London last” December, the k] several mer- of insurance and n W, B._fiibbs & R Bol Sei Value (Or pAD < Sodny: .. 548063 $4.847 s 03] 0823 9734 i co.) hecks 172 6% 26% 113 133 6% ks 38% 116 47 9 o8 11% 42 100 22% 45 L107% % 56 40% 28 69 0% 35% 53% 167% 'STAR, WASHINGTOX, 'D.' C. THURSDAY, ' JULY Prev. Close. Glose.. 104% 69% 24% 12% 45% 147 104% 1% 39 107 16% 71 b2 60 9815 199 18% 68% 24% 145'% 100 25% 29% 6 541s 608 18% 76 18 40% 50% 111% 954 106's 119 107% 86% 26% 13 144% T4 79 38% 116% 47 80 98 11% 43% 100 &1 45 108% T 56% 407% 28 69 T0% 35% 53% 169 - 11, ' 1629. —Prev. 1020~ High. Low. 97 93 94 62 127 109% 9615 92% 82 384 16 9015 12 14 139% 4 “10% L68% 20% 12 45% 148% 1043, 114% 40 107 16% T 52% | 60 99 200% 19 63 25% 9T 4 Texas Pac Land Tr. Thatcher Mfg. . Thateher pf (3.60)... % Trico Prod (2%). Twin City Rp T (4). Stock and Dividend Rate. Safeway pf (6).. St Joseph Lead (13). St L-San Fran (8) St L-San Fran pf () St L Southwestern. Savage Arms (2).... Schulte Retal] Si Schulte Retafl pf( Seaboa Seagrave (e1.20) . Sears Roebck (32%). Sharon Steel H (2) Shattu, Shell Union (1.40). Shubert Theater (5). Simmons Co (3) Simms Pet (1.60) SinclairOil (12%). Sinclal Skelly Snider Snider So Por Southern Cal Ed (2). Southern Dairies B. . Southern Pacific (6). Southern Rwy (8). Southern Ry pf(5)... Spalding A G (1.60).. Spang-Chalfant. Spang-Chalfnt p! Sparks Withgtn (n).. Spencer Kelz(1.60).. Spicer Spicer 4 Stand Stand Gas & Kl (3%) 53 4G & EpL(4). .. Stana Qil Callf (123 Stand OIl N J (1: Stand Ol N ¥ ¢ Stand Plafé Gl 7 FINANCIAL. Sales— Add 00. High, .. 508 94% 30 66% 13 125% T 95% 2 95% 2 40 24'% 95% 14 18% 173% 5% 48 176% 267 45y 114% 34% 3615 109 41 13 62 Prev. Low. Close. Close. 94 94 94 66 66 67 124% 124% 125% 95% 95% 95 95% 95% 9714 39 39 39% 2815 24 231 95% 95% 95 i€ 14 18 13% 13% 14 171 1714 172'% 5% 5 5ls 4745 48 4T 175 175 174% 26'% 26% 26% 45% 45% 45% 112% 113% 113 325 3 3314 3514 3| 1091 10 401y 128 rd Air Line. Copper. ck F G (2). r Oil pt (8). 0il (2). Packing...... Packing pf. to R Sug 12 . 405 125 587x B8 651y 10 T2 1374 138% 151% 150% 150% 150% e T 57 57 57 40% 40% 40% 93 93 3 67 66 39 374 b55% b4 4T 4T 1612 ) 3 1 1 " v 1 a3 102 75 Mfg. MIg pt (3) ‘om Tob (1). . Stand Plate Glass pf. 4)s Stanley Co of Amer. 110s Sterlin, £ Sec (A).... Sterling Sec pf 1.2 Stéwart Warnr(3%) 4 Studebaker (15). Subma Sun 01 Sun 01 Superi, rine Boat 1(g1) 1 pf (6) or Oil perior Steel sweets of Al Symington Symington Telautograph (1) Tenn Cop & Ch (1). Texas Corp (3).. Tex Gulf Sul (4). Texas P C & Oil (bi 146 131 3 The Fair (2.40). Third Avenue. Tide W Tide W Timken Det Ax(80c). Timken Roller (3)... 1 52 1 14 15 vater Asso. 19% ater O1(80. 3 % Tobacco Pr (1.40). Tobacco Pr A (1.40). Tob Prod ctfs(1.40). Tob Pr Tobacco Pr Cc Transe 47 1 4 1 11 1 od ctfs A 1.40. ontinenta Twin City RT pf(7). 20s Underw-El-Fish(4). Underw- Union Bax & Paper. 10 S1-Fs pf(7) 1305 4 Unlon Carbide(2.60). 257 Unton Oil Calif ) Union Pacific (10), Union Pacific pf (4). * Union Tank Car(3). . Utd Aircraft&Trans. Utd Biscult (1.60). Tnited Carhon Utd Cigar Stores(1). Utd Cigar St pf(6).. 17td Coy 7td Cor rporation D Bf (3). ’td Electric Coal(3) 'td Fr d Ga td Ga: uit (c4) s & Imp s & Imp pr(5) S Cast Irn Pip (2). S Cst TP 1st(1.20) s s s Foi Ho s s s s s s CstTP2d (1.20). Distributing. Distrib pf (7 reign Secur. FornSee pf (7 ffman (4). Ind Alco (6). Leather. ... Leather A (4).. S Leather pr pf(7) s s S Ru Realty (5). bber 1st pi Smelt Ref (3%5). Steel (7). eel pf (7) ol Univ L baceo (3). ... eaf Tob (3)... Univ Pict 1st-pf(8 Univ Pipe & Rad. Utl Pwr& Lt A ( Vadsco Sales. - Vadsco Sales pf (7). Vanadium (14).. Vick Chemical (4)... 1 40 41 Virginia-Car Ches Virgin, ia-Car 6% pf. Vulcan Detinning. Vulean Va El & Pwr pf (1) DetinA..... 110s -W- » Waldorf Systm (13%) Walworth (1.20). ‘Ward Baking A.... ¢ Ward Baking B. Warner Bros Pic (n) 64 10:30 A.M., 1:30 P.M.. laration. 4% in stock. Ia I it Ton §Plus 8% mn Warn Br P pf(2.20).. Warner-Quinlan (2). Warren Bros (15)... Warren Fdry & Pipe Webster-Eisen pf (7) i Wess Oil & Snow (2). West Penn El1 A (7). 8 3 13 2 3 508 West Penn El pf (6). 30s West Penn EL pf (7). 50s ‘West Penn Pw pf (7)100s 5 Westn Western Maryland. . Wester: ‘Western Pacif p! Western Union (8). Westngh Air Brk(2). 6 24 4 1 51 80 Dairy (B).... n Pacific.. Westngh EI&M (4).. 145 Westngh E 1st pf(4). 70s Westvaco Chlor (2). Weston El Instru. White Eagle Oil (2). White Motor (1). White Sewing Mach. Wilcox Wilcox Wilcox Willys- Woolw, Worthi Worthi Worthi Oil & Gas. ... Rich(A)2% Rich(B)e2... Over (c1.20). orth Co.. ngton Pump. ngton A. ngton B Wright Aero (2 Wrigle: Yale & Yellow Young Young RIGHTS Col Ga. Mont W Spence UniCorp rts Aug 15. 720 g Sales of Stocks on New York Exchange. idend rates as given in the above table cash paymenis based on" the Iatest auarterls O b %10 grock,, {Piua 33" in prelerred” sock. o earomo tock " d Bayable Tow ‘in"stock. stock. 'y Wm (4). Y- Towne (4) Truck & C. Sp&W (12%). Sheet & T (5) EXPIRE S&El..Aug 15 496 vardrts...... 78 r Kel.July 15 11 14 65 10 17 6% 18% (4 5% 478,100 .677.500 12:00 Noon. 2:10 P.M. +. 1,645,900 9,100 nual yearly dec- SUNIt of trading less than 100 shares. ¢Partly extra. fPlus STOCKS SUBJECTED 10 PROFIT-TAKING Utilities Continue * en* Up- swing Carrying List Ir- regularly Higher. BY STANLEY W. PRENOSIL, Associated Press Pinancial Editor. NEW YORK, July 11.—Persistent selling for both accounts again de- pressed a wide range of issues in today's stock market, but operations for the advance, centering in the utilities, car- ried the general list irregularly higher. Failure of the call loan rate to g0 below 9 per cent, and uncertainty as to what may be expected from the weekly brokerage loan statement, due to appear after the close of the market, caused some uneasiness and induced profit-taking and lightening of com- mittments. Demand for utility stocks continued during the last hour, but late quota- tions registered the lowest figures of the day for some of the oils and motors, Atlantic Refining losing 5 points, Chesapeake & Ohio was up 7 W a new high at 251, with Midland Steel products preferred up 16 to 294, while galus of from 3 to 5 points wete made by United Corporation. United e o cTeIce ot Amrican Power & Light. The closing was irregular. Irregularity at Opening. Some irregularity persisted at the opening, but the main trend was up- ward. United States Steel sagged a point and General Electric nearly 2 points, but Pere Marqueite and Amer- ican Rolling Mills each mounted more than 4 points, the lalter to a new high !record at 122, Purity eries gamed points and Pullman, Pacific Lightin and Kroger Groceries each sold & poin higher. Pressure against radio was renewed, the issue sagging 2 points in the open- ing deals, and American Radiator and | Standard Gas & Eleciric, which have recently reached new highs, sagged 1. and 2 points, respectively, in realizing Montgomery Ward and Granby Coppfr each lost a point. Sentiment appeared -to be predomi- | nately bullish, however, and about core of issues were sent up 1 to 9 poin: in the first half hour. Credit was e | pected to improve, although the bani are still understood to be heavily in- debted to the Federal Keserve Bank. No | great change is looked for in the brok- erage loan total, to be anncunced after | the cle a2lthough with last week’ | total within $24.000,000 of the record of March 20. there is a possibility of a | new high record being recorded. Wail | Street, however, is more inclined to look for a small decrease rather than an in- crease in loans Early Features. Auburn Auto was tossed up 9 points | on top of yesterday's gain of nearly 18 and Eastman Kodak was quickly bid up {more than 6. National Biscuit and | Remington Rand rose a point and more | to new high ground. United Corpora- tion mounted more than a point in re- sponse to the huge gain in the market value of its treasury holdings, as di closed 1n its application to list more stock. Among other issues rising 1 to 1'3 points were American Telephone, Beth- lehem Steel, Wright Aero, Air Reduc- tion, Mathieson Alkali, Ludlum Steel, Sears Roebuck. Real Silk Hosiery. Union | Carbide and International Match pre- ferred. Foreign exchanges were inclined” to ease, with sterling cables 1-16 lower at $4.851-16. again getting down_toward | the incoming gold point. The Bank of England, however, made no change 1n its discount rate and it is expected ths the rate will be pegged at a point whick will protect the bank's gold reserve. " DIVIDENDS. | Pe- Pay- Corporation. _riod. Rate. - abie, | Aldred. Decker & 5030, Sept. 16 Stock of Tecora Sept. Jul Jul; = Cohn ... Am Glue Co pf Q 320 1212 A 1:30th Au 871. Aug Aug. ] 20 3 g iy Juls July July July Sept July Avs. Aug Aux Aug. July Aus. July July 3 July 75 Aue. 370 Aue. 100 Oct Aug, Electric’"Share holdrs Corp Do stock Do pf : General Tire & Rubber _Co Gillette Safety Raz Longlsland] g Co.... | MiddleWesiti 1 dties Co.... .. i Nash Mirs Co N Y & Honduras Rosario Mining Sept Sept Sept. Aug Sept. Aug. 0 = Light- oo 0 0 p DO= Aug. Aug! Co SouthernColorado Power Co Class Skeliy 'Ol Co Sinelair Consoli- July July July July o Aug Sept July 21 Aug. 15 $2.00 Aug. 15 Aug. 1 re of common on the preferred LOANS Let us have your applications for LOANS ON REAL ESTATE Immediate Action Courteous Treatmept Our record of 35 years l speaks for itself. i Percy H. Russell Co. | 1731 K SL NW. | 1800 1929 ALEX. BROWN «* SONS “Plus 125 K D Pavable in Stock..~ e Blus 5% . e Payable 1n cash or stock. in Stock: b Plus 3% in stock: in stock. regular rate. & Plus 6% Kk Plus 3% METAL MARKET. NEW YORK, July 11 (#).—Copper steady; electrolytic spot and future,18; iron steady, unchanged; tin, steady; spot, 45.8 spot New York, 5; future, 46.62; lead, quiet; 6.55; zinec, steady: East St. Louis spot and future, 6.70;, silver, 121. Named Western 180% 957 | corpanies are suing the government %1 postal ke aes com: 57 58 postal ‘de] 95 ‘plny for 000 damages. intimony, 8.25; quick- i!nion Director. NEW K, July 11 (P)—Sir Henry mmoz,o:‘r:'m'f: of the Canadian i M AR U Montreal’s cost. 1,500,000, new bridge willl1932 to 1951, National Railways, has been elected a director of the Western Union Tele- graph Co,, to succeed the late Oliver Ames, CHICAGO DAIRY MARKET. CHICAGO, July 11 (®.—Butter— Unchanged, except standards, 403;a41: receipts, 8,986 tubs. Eggs—Unchanged; receipts, 13,867 Poultry—Alive, firm; receipts, 1 ear: Leghorn hens, 26; Leghorn broilers, 114 Ip!)!unda up, 30; Spring ducks, 23. —_— 8chool Bonds Awarded. BALTIMORE, July 11 (Special).— Stein Brothers & Boyce and the Mer- | cantile *Trust Co., both of Baltimore, were successful bidders for $300,000 ‘Worcester County (Md.) public school %4 per cent bonds, due serially from ‘The ' price paid was $100.79. ¥ £ Underwriters » Distributors INVESTMENT SECURITIES Wasnincrox Orrics 737 15th Strect N. W, Telephone, National 1253 Main Orrice - BArTiMOR: AR AR