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- ply, 12 w#a INHEAVY BUYING Utilities Are Again Featured| in Upturn—Industrials Active. BY HARRY H. BECKER. Epecial Dispatch to The Star. ! NEW YORK, July 17.—Buoyant characteristics returned to the Curb Exchange today. Traders pushed their orite utility and industrial special- ties to new peaks with renewed con- fidence. Although volume was reduced by less activity in certain recent active leaders, the turnover was heavy and the ticker again fell behind. { Early in the scssion new highs were | scored by Allied Power & Light and | United Gas Improvement, in the utility division and by an increasing number ! of issues in the general industrial and specialty list. The feature was a 45.- 000-share opening in Standard Brands, the food holding company organized by the Morgan interests, at the best price since it was listed. Its rise was in sym- | pathy with the strength of Fleischmann and Royal Baking on the big board, which are also included in the merger. Utilities Irregular. As a group the utilities were irreg- ular, with a resumption of profit-taking in some directions and determined buy- ing elsewhere. Electric Bond & Share made a sharp recovery, at one time showing an advance of more than 9 points from Monday's low. Its strength also affected several other holding com- pany issues. Niagara & Hudson and Commonwealth & Southern continued active close to recent levels. Middle West Utilities, which brok badly the day before, did better, but its movement was less spectacular. Among | the Eastern utility properties, Bllfluln.l Niagara & Eastern: Long Island Light- | ing, Allied Power & Light and Com- | monwealth Edison were sharply higher. Besides standard brands, new highs in the general industrial section were established by Aluminum Corporation, up nearly 15 points: General Realty & Utilities, Lerner, Raybestos, Stone & ‘Webster and Tri-Continental Corpora- tion. An improved tone was also ex hibited by the radio stocks and the iml portant investment trust shares. United I States Finishing continued to meet with good inquiry. Aviation Group. Aviation stocks showed a better tone, Bikorsky extending its previous gain in response to a report that action will be taken this week to merge the company with a large independent unit in the aeronautical field. Fokker continued to slump, declining more than 3 points be- fore support was encountered. Motor and oil issues displayed irreg- marity, the former group being in- fluenced by pressure against the Ford issues. Cities Service at a new price and firmness in Vacuum and Humble were the only important changes in the petroleum group. although Cosden and Gulf of Pennsylvania showed renewed weakness. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., July 17.—Potatoes, 100 pounds, 75a1.25; new potatoes, bar- rel, 2.00a5.50; sweet potatoes, bushel, 1.50a2.25; beeéts, 100, 2.00a3.00: beans, bushel, 1.50a1.65; cabbage, 100, 3.00a 6.00; carrots, 100, 4.00a5.00; celery, crate, 4.00a5.00; cucumbers, hamper, 50a85; corn, dozen, 20a45:; lettuce, crate, 50a1.50; lima beans, bushel, 2.50a4.50; onjons. hamper, 1.00a1.25; peas, bushel, 4.00a4.50; peppers, hamper. 1.00a1.25 tomatocs, hamper, 1.50a1.75; apples, | bushel, 75a2.50: blackbarries, quart, 115a20; cantaloupes, crate, 1.25a3.50: | huckleberries, quart. 15a25; oranges ! box, 2.00a4.00; peaches, hamper. 65a9¢ ‘watermelons, 25a60. Dairy Market, Poultry—Alive, Spring chickens, | pound, 34a42: Leghorns, 25a3l; poor and thin, 21a22; old hens, 30a33; Leg- horns, 28a30; old roosters, 18a2Q; ducks, 20a28; guinea fowls, each, 50al.10; | pigeons, pair, 25, e Eggs—Receipts. 2.117 cases: native and nearby firsts, 31a32; current receipts, 30: sraall, 2 Butter—Good to fancy creamery, pound, 41a44; ladles, 33a35; store pack- ed, 29a29%:; rolls, 31a32; process but- ter, 40a41. Live Stock Market, Cattle—Receipts. 100 “ head. Light supply, market steady; choice, 13.75 to 14.25; good, 13.00 to 13.50: medium, 12.00 to 17.75; common, 10.00 to 11.50. Heifers, choice, 11.50 to 12.50; good. ! 10.25 to 11.00; medium, 9.00 to 10.00: | common, 7.75 to 8.75. Bulls, good to | choice. 9.50 to 10.50: fair to good, 8.50 ' to 9.50:. common to medium, 7.75 to 8.25. Cows, good to choice. | | i mon to medium, 5.00 to 7.75. Il Sheep and lambs—Receipts, 700 | head. Fair suppl. market steady. | Sheep, 2.00 to 6.50; lambs, 8.00 to 15.00. Hogs—Receipts, 250 head. Light sup- market lower. Lights, 13.1 heavies, 12.50 to 12.90; medium, 13.10; roughs, 8.00 to 11.00; light pigs, 12.80; pigs, 13.00. Trucked hogs, 15 to 30 lower. Calves—Receipts, 25 head. Light l]ugps%ly, market steady. Calves, 6.00 to Hay and Grain Markets. Wheat—No. 2 red Winter. garlicky, new, 141: July delivery, 141; st delivery, 1413, s Sales, bag lots nearby, new, 1.05a1.18: cargoes O gTade; No.' 2 red Winer, cky. 1.4012: No. 3, 1.36%;: No. 133%2: No. 5. 1305, e orn—No. 2 export, July delivery. no quotations; No. 2 yellow domestic, €pot. 1.16a1.17: cob corn, old, 5.5085.75. . Oats—No. 2 white, domestic, spot, 58: No. 3 white, domestic, spot, 5612a57. Rye—Nearhy, 1.00a1.10. | Hav—Recelpts, ‘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 car- Joads belng received. There is not enough business passing to establish prices on th{e various kinds of merit at a range of 13.00216.00 'r ton for timothy or clover hay. e Straw—No. 1 wheat, 12.00212.50 per ton; No. 1 oat, 12.50a13.00. $4,421,000 for 0il Co. NEW YORK, July 17 (#).—The Stan- dard Oil Co. of New Jersey is to.receive $4,421,000 from the Spanish government in" payment for properties seized in Spain when the petroleum industry was nationalized some time ago. Negotia- | tions for the settlement sought by the | oil company have been in progress for| two years, and the agreement has been | signed in’ Madrid. ! Stock Split Voted. NEW YORK, July 17 (#).—Directors of Procter & Gamble have voted to split the common stock five for one. ‘The new shares are to be put on an annual dividend bhasis of $2. — EXPANDS. NEW YORK, July 17 (#).—The Yale & Towne Manufacturing Co. of Stam- ford, Conn., today announced that it had purchased the business of the’ Steubing & Cowan Co.. of Holyoke, Mass., makers of handless trucks and, skids. Under the purchase contract the Yale & Towne Co. will assume its cur- rent' business obligations. The pur- chase price was given as $2,057,920. "‘ e Peasants in the Tver district of Rus- #la reeenfly hanged a tax collector. FINANCIAL. CURB SHARES GAIN | NEW YORK, July 17.—Following is a list of stocks and bonds traded in on the New York Curb Market today with the volume of sales and prices up to and including the close of the market: INDUSTRIALS. les in Sa Ls 4Ainsworth Mg 1Ala Gt South 1 Amer_Colortype 7 37Am Commonw P Al 6Am Commonw P B.. 35 Am Comm P optl war 58 Am Cyanamid B n 1Am Cyanamid B.. 3 Amer Dept Stores 14 Amer Gas El. 1 Amer G 4 Amer 80 Amer 10 Amer 15 Amer 4 Amer 2 Amer 4 Amer 1 Amer 4 Am Sta Pub Ser A.. 529 Amer Superp n 3 Amer Super pfd 3 Amer Buper 1 2 Anchor Post 2 Anglo Chil NI 6 Arcturus Radio 1 Arizona Power 284 Atk Natl Gas. 236 Ark Natl Gas A. 1Ark Nat G s7d 1 Armstrong _ Cerk 1Ass0 G & E n Tis 3 Asso 217 Asso 121 Asso 1 Asso 700 Asso 5 Asso 1 Asso 1At Frult & Sug 1Atlas Plywood 1Auto Vot Mach [l SAuto V' M cvt pr pi 2 Aviation Co of Am 31 Aviation Corp 2 Aviation Credit 2 Aviation Sec . 1 Axton Fisher ‘A. 110l 1 Babeock & Wileox . 1 Bellanea ‘Airc vte 2 Bickfora Inc 2 Bige Hart Cor Co 12 Bickfora pfd 3 Blauners © . 1Blaw Kno'n .. 2Bliss EW 5Blum 8 ... 2 Bohack H C Co fd. ! 3 Brit-Celanese Li 5Budd Edw ... 1 Bruck Silk M_: 36Buf Nag & E 36 Buf Niag & E 6Buf ¥ & E P 6 Bulova Watch 5Burma Corp ... .. 4 Burrough Add Ma' n 5 Butler Bros ........ 1 Cable Rad Tube ‘Vie. 18 Campbell Wyant 27Can Marconi W. 3 Capital Admin A... 5 Capital Admin A pid 72 Garnation_Milk € Caterpil Tract 2Celan Cor Am..5::l. 1Celan C Am n pfd States E States El war T4 Sta_EI conv pfd 292% St Tl conv pfd n 148% Sta El pld ww & tock ck Cab Mfg Cities Ser n.. Cities Ser n s7d Cities Ser pfd... Citles Ser B pid City Mach & 7T Gity Radio Stores. . City Sav Bk Ltd. 2Col Gas Sub rts. 2Cleve Tract...... 2City Gas Sub ris 9 Golumbia Picture. 3 Columbus EI Pow 9 Commonwith Ed iCommonw P pfd. 2 Commonwlith Util B. 952 Commonw & Sou 108 Comw & Sou_opt wi 1Conn Elec Ser 6 Cons Alrcraft 33 Gons Auto M 3Cons Anto Mer pfd. 3 Gonsol Dairy P & Consol Film 28 Consol G Bal 8 Cons Gas Util AL 2 Consol Instru.. 4 Consol_Laund 6 Conil Dia Fiber '\ 41 4 Gooper_Bessem pfd A 43 2 Copel Prod A ... H 3 Curtiss Aero EXp. 24 Curtiss “Alrport_vie 38 Curtiss Flying Serv 253 Gurtiss-Wright 18 Curtise-Wright ‘A’ . 24 Curtiss Wr a war . 1 Davesa Inc 25 Dayton Airplane 35 Davion Alrcraft 213 Deers & Co ... . 23De For R € .. 011111 3Dt Atreraft 2 Dictaphone . . 2 Doehfer Die 6'C iDonner Steel . 5 Douslas Alrcrait 1Draper Corp... 1 Dubilier C & R 34 Duke Pow 3 Durant M 2Duz Co A... 1Duz Co A vie . & 3 El Bond & Sh pfd 948 El Bond & Sh ris.’ Pub Serv opt war 3 ns Wall Lead.... rehild Aviatn A.. ndango Corp A Fanny Far Tne.. Fedders Mtz A 1Fed Metals ctl . 2 Federal Water A ... 1Ferro Enamel A SRt itote s 1 Fifiancial inv N ¥ 11 Fireman Fund Ins 11, Firestone Tire 1 Flor Pow & Lt 7 20 Fokker Airp Am. 2 Foltis Fisher .. 29 Ford Mot Co Can 18 Ford Mot Ltd. . 1 Foremost Fabrics 1 Foundation For A 126 Fox Theaters A 3 Frank (HH) Mfg Co 13 Frank (HH) M C pfd 3 Freshman_Chas Co. 1 Garlock Pkg 1Gen Alloys Brk Bak pi Elec Ltd Teg Fireprig n Laund Ma Real & Ul RI & Ut Cor pf 4 Gerrard Co_ wi 3 Gilvert (A C).. 5 Glen Alden Coal 20 Globe Underwriter: 1Gold Seal Elec n. 20 Goldman _Sachs n Gorham Inc 2 Gorham Inc pfd .. . 14 Gotham Knitcac 'Ma 2 Gramophone Co rts. 1 Grand Rapid Var '%GrA&PTC D GrA&PTCn 11 Grigsby Gru _m. 5Ground Gr _8Shoe 1Ground Gr _Shoe pid 485 Hall 10 Hail s 27 4 90! 9 1Hap G ¢ 7 Haygart Corp 238 Hazeltine Corp 174 Helena. Puben . 2 Hiram Walk G, 31Holt Henry A 1Horn A C 1213 Hora A'G prd, 3 Huylers Strs of ‘Del 1 Hyarade Food Prod 7Imp Chemical 1 Imperial Tob. & Insur Co N A. 2 Insur Secur. % Insur Shares 21Int Cig Mach 1In't Prod..... 2 Intl Prod ‘pi 65 Intl Profect n 30 31Intl Saf Raz B.. 36 41ntl Superpower Corp 1% 1 Intern Ut A 100 £ Intern Uil B..1.0000 108 2 Interstate Hosiery || 2213 1Investors Equity 811 7 Irving_ Alr Chute ... 329, 6 Ital Superpow A .l 23 S Ital Superp deb rts.. 307 7 John Beal . 100 0 Johnson Mot 1Jonas & Naumb pie. 2 Kansas C & E pfd 2 Kermath .. & Keystone Ajhcraft 1Klein Henry pt pfd 1 Kleinert 5Knott Co 5 Kolster-Brandes 37Landay A 3 Lane Bryani: | 1 Londover Hold 1Leh Coal & Ni Stores. 1 1 3 1 1 Ll 13 Loews deb rts 1 London Tin rots 10 Long Isl Lt .. 4 Long isi Lt pfd . 15 Louisiana La 2 Ludw! 24 MacMarr Stores 1 MacMarr_Stores 5 1 Mangel Stores 3'> Manhattan Rub’. i MacMarr Stores 3'%'d 1 Mapes Cons MIg .... 45 Marcon! Tntl Mar ... 7 Mare Wi Lon B 6 Mar_Steam Shov e Maryl Casual . Low. Close. =§B§:§ Ts - Cie% | 4 4'a 171 17 3872 36 s1fa 1357 1 185 e JRRuSs =5 W=ty ey 3BREES! ] THE EVENING STAR, WASHINGTON, D. O, WEDNESDAY, JULY 17, 1929. NEW YORK CURB MARKET ZRZZRE -BaA3a2 iifer 1y & Bons er Al Mirror ‘ee 3 22 Nat Sug R N & Nat Theater Sup 2 Nelsner Bros - 1 Netsner Br ptd . 1Nev Calif 1 Newberry 3 J ©0 1 New Haven Clock N ih 12N Y Tel Co ptd.. 2 Niagara Shares’ ' 168 Niag H P A opt war 1461 Niag Hud Pow....... 2 1Niles Bem Pnd 1 Noma ~Elec. 71 Nor Amer A 1North Amer Cem. . ,,1North Am Util_Sec. 113 North_Eastern Pow.. 2Nor Sta P A 1 Northam Wa 13 Qil Stocks end D A C Penney & GCo 1aJ C Penney of... 2 Penn O Ed 6s pid '3 Penn O Ed p pfd TPenn Wt P C... ... 284 Pennroad Corp vie.. 6 Pecp Drug_ Store 4 6 Peop Lt & Pow Cor A 521 2 Perfeci ‘Circle...... 60} 1Perryman Elec & Petrol Corp lst pd 4 Philip Morris. 1Bhillp Morris ‘A 2 Bhilippe (Lous) A *4 Philippe (Louis) B.. i Plerce Governor...... 11 Pilot Radio Tube .. 24 Pitney Bowes xd i3 Pittsb_& Lake E.. 2 Pitts Pl Glass. . 1 Polymet Mfg Corp. 7 Powdrell & Alex 2 Pow Corp Canad 1Prate & Lamb.. 124 Proct & Gamble. 42 Prudential Inv.. "3 Pug 8 P & L pid.. 1Pyrene Mts..... Ratnbow Lum P A 18 Raybestos ... 3 Rainbow Lum 'B'B. S Rellance Brass & S 21 Raybestos cod..... 11 Rellance Ma: 2 Reynolas Metal A. 1 Reynolds Metal B! 1 Ricaman Bros n 2 Roch Cent Pow.... 4Rockland L & P n.. 1 Roosevelt Field. . 1Root Rig cv pr pfd 2 Roval Type n wi 1 Ruberoid _...... 148t Regis Paper. . @ 35 8t Regis Paper pfd. 2SchiT Co s 1 Schulte Un 'S¢ '$1°Str 1Schulte Un pfd & 3Sec Gen Am Inv... . 283 18ec Gen Am Inv ‘pid 10 92 Select Industries Inc 3% 20 Select Ind 1st pd 5'zs Yila ©lSeniry Safety’ Contr 2334 1Sentry Saf Cont ur.. 22°. 128 Serv El vic.. 10 Southern Corp 225 Stand Brands Inc. 14 Sikorsky 'Aviation 3 Silica Gel ‘ctfs 28ilver I & Bros. . 2 Southeast P & L. 1Southe P & L p pi 2Southe P & L wa 2 South ~ Asbestos. 1Sou CE B pfd 2Sou CECptd." 2Sou Cit Util Al 10 Southern Corp ‘wi.. 28ou Cal Pow A 25 w Gas Uul 1 Southland Royalty 10 Southern_ Corp _wi. 3 Southw Daity Prod. 25 8auare Co B....... 8 Spanish & Gen rcis 1Spleg M St cum ot 2 5tahl Meser ........ 146 Stand Brands Inc.. 2258tand G & E ris... $Swand Inv .. 32 Stand Mot- 14 Stand Po & Lt 1Stand P & L pfd 4 Starrett Corp . 14 Stand Steel Pro . 4 Stein & Co . 1Stein & Co pfd 13 Stein ‘Cosmetics *.\\\ 21, 44 Stone & Wess Inc 'l 1307 25 Strauss Rot Strs Inc 23% 18tinres mugo sen T4 32 11 24% 21 1 Taggert_Corp 8 Tampa Ei . 20 Tnird Nat 16 Thermoid . 6 Thomps Prod 'Al.lll 1Tishmen Realty ‘& € 1Tob Prod Export..... 10 Trans Am.... 10 Transcon Air’ Trsp.. 1Trans Lux DL P S A 10% 1 Travel Air Co. 4 278 Tri Cont Corp....0.. 2Tri Cont Corp pfd. .. 1 Triplex Saf Gl Lid.. 2 Tung Sol Lamp n % Tubl Art S B. Tung Sol L A 1Union Amer inves 1Union N G Can. 1 Union_Tobacco 2 Uni ® Uni 9 Uni 26 Uni 198 Uni 841 6030 21, son J : West_Auto Sup estern Alr Exp. .. ilboldst Stores xd. Prod... illiams (R €) & Co 1 Winter B J 36 Zenith Radio xd 2 Zonite 5% Salesin MINING STOCKS. | hundreds. 1 Bunker. unker H iGom Tun & Dr n 3 Cres Con Gold B 2 Golden Denterr 11 12 Hecla Min_ . 1 Hollinger Gols s i ron 5 Kerr Lake Mason Val *! R ¥ & Hond Rosar.. ZR] . rmwemnSunSuseSton : attuck Denn Am Gold & P. nt East Min.... 208 cac INDEPENDENT OIL STOCKS. 16 Am Con OIlfids ... 19 Am Maracaibo Go. 10Carib Synd . 3 2Colon Ol ... . 18 Columbla &¥iid 4 16 Greole Pet 4 Crown Cent Pet WSRISTS IR 2 85 s ew Mex Cent 22! Gas, 5 Ariz Land. Tex_Oil Received by Private Wire Direct to The Star Office 2 Texon Oil & Land 1412 14 245 Transe Oil ris...... 1%z | | Sales in STANDARD OI1, ISSUES AND FOR- units, MER SUBSIDIARIES—STOCKS. 200 Anglo_Am Oil....... 14% 1% 100A A O non vic. 4 300 Buckyeve P L... 2100 Contl’ O3l 14% 14 100 Nat_Transit ‘Trans; S0ON Y 00 Ohio Ofl. 100 Penn Me: 100 Solar e 300 South 100 Eouth P L. 30 Sou W Penn P'L 3008 O Ind. 3008 O Neb. ' 1400 Vacuum 0110000 Sales in BONDS. thousands 21 Abitibl P P 55 A ‘53 1 Allied Pk 8s '39 5 Alum Co Am Fiel. 8 1 T 53 '52 1007, 1Am Aggre Cor s '43 95 25 Am Commonw 65 '44 11713 13Am G & FI 55 2038 9415 2 21 Am Pow & Lt 6x 2016 105'3 | 14 Am Roll Mili 5x '48.. 98 | 6 Am Sol 81us '36.... | 108%; | & Appal EI Pow b3 p H (ATEP kL Sy ael sl aunl | < Vs '44 87 D 104 52 Ass0 Gas & E 4125 48 145, | 36 Asso Gas & E 5128 77 115% 12A5G & E 4125 '48 ww 115 B3As Tel U 511 44 C. 104% 1As 8im Hard 6'us '33 8613 1Atlas Plyw 5'3s '43.. 87 4 Bates Valve B 65 10 Beacon Oil 6s '36 1Bell T Can 55 A ‘3300 991, 1Bell T Can 8 B '37.. 993, 1 Buf Gen El 55 A 36 101% 24 Capital Adm Co 5s 33 112 25Caro P & L 55 '56... 98 13 Cent. States El 53 "48 86% hi Rvs cfs dep 5537 81'a ix Str R H 813540 9213 in St Ry 8V2s A'52 94%; it Serv s '66.... it Serv Gas 81y '42 871 20it Ser G pip 65’43 92% 21Cit Ser Pow 5)25'52 93 2 Cit Ser P 8145 52 54d 924 1 Comman Larab 6s 41 7 2 Con G Balt 4345 2 4 Con G Ralt 5135 E '8 1 | 49 Contl G&E "58. 88 4 Cudahy_ 85 ‘48 995, e, | 9 Den & Salt Lake 83 ‘60 12 3Det Citv G 65 A "47.. 105 1DeL Intl 610 52 87 1Dix Gulf G 85 A 37 78 4 ¥1Pes Nat G &5 ‘38 108!, 6 Empire O & R 51,8 42 8774 2 Fairbanks Mor 85 '42 9434 175 Gen Pub 8 C 5125 '39. 10475 2Fed Sug 6 '33...... 8 8 Ped Water 8 84”101 2 Firest Cot Mil 55 "48 89, 1 Firestone T & R 5s '42 9474 12Fa P & L5 54 4 Garlock Pack 63 1Gatineau Pow 6x 6Gen A 151 A ww ' 173 Pub Ser Cor 5o 26 101 | 801, | 943, | 8614 a7vy | 83 * 1041, | a1 0 4 Gen Vend 6s 527 26 Geargia Pow 85 . 9615 | 1 Gulf Oil Pen 5 * o | 22 Gult 8is UL 5a A 4 2 Hous Gulf G 6133 43 a0t 1 Hous GuIf G 6eA 43 710 21nd OIl & Gas 83 %1080 13Intl P Sec 1 E a6 | §1Intl Sec Am 3x 47% 5 Intersta Pow 8 '37.. 1Intersta Pow 6s ' #1nv Corp Am 55 A 1 Kelvin Corp 65 ‘36 15 Lehigh P 65 A 2 Libby McN & L 1Cone Star Gas 83 ' SManit P 8tx A ‘51 1 Mass Gas 3%s 46,0 103 1Morris"& Co'7las 30 1001 8 Mun 88 Line 6123 ‘37118 7Narrag 8s 57 . 9815 0 Nat P&L’ 8 A 203810418 8 Nat Pub Serv 55 ‘78 8013 8 New Fng G&F 5 ' 90 7Parmeles Tran 85 '44 93" 7Pen O E 65 A '50_ ww 1011, 1Pen Oh Tid 575 '59 B 02 2Penn P & L 55 B 1521004 D ’53 100 79.. 9434 5Phila Ran Tr & 983, 1Pitts Coal 65 '49..... 99 78 Poor & Co 6s '3% . 102 11 Rel Manage 55 '54 A 100% 40 RichAd Ol 6: 44 A 101 10 Richfid Oil ¢35 '31: 10 Roch Cen 1/ 35 A 15 San Ant P 5 3¢ B 28cripas E W 81 18ervel Co Del 5Sha W &P 4135 A 18ry weheen 7s '31 .. 5 Solivay Ah S A '42°° 98!, 49 Southe P&L 6 A 2025 1024 5Sou Cal Ed s '51... 993, 11 Sou Cal Ed 5s " * 100 118outh Cal G 8x '39.. 9214 1 Southw G&E 55 A '57 o outhw PSL 6s A, . 1031 1 Southw D P 6las ‘38 90 2Staley Mfs 63 42.. 98'; §Stand P&L 6s ‘ST 8734 S8un Oil B'.x 380 9974 158witt & Co'5s "32 . 999, 4 Thermoid 6s " '34 99%% Clen & Co 8';s ‘36 &R 8i.e 53 Aot Int Lt & R 6x A '52. 1004 O, Frod g 310 T8 3 EX S T SN P FCE . 10273 West Btas A 97 49d 190 128 A.'57 7 4 Wike Cent'3s 30,5 1 9 West Newsp U 63 Sales in FOREIGN BONDS. 45 Agri Mor Ba 75 '46 99 #sg<gaqdaag, 3 Agri Mor 1Baden 7 -5 2 Buenos Afres 75 52 10174 2Buenos Zsires Tlas "47 104 5 Burmei, Wain_ 6s'40. 98'% 2 Cauca Valley 7s 9Cnt BGer Sta s B'5i 82'2 4 Com & Priv Bk3';3 37 86 i 5Cuba Co 6s A '20... 97% | 1 Danish” Cons 5s " | 1 Eur Mig & In 75 C 1 First Bohem W 7 19 Free St Prus 6s 8 M Bk 75 ‘37 | 1 Mor Bk Bogota 15 ‘47 2 Mor Bk Bok 7s ‘47 n 2 Mor Bk Chile 6 '62. | 2 Nippon Eiec 6'zs 5 | 11 Parana 7' fs8. 315 ubr Gas 6123 4 Rumania. Inst. 7 jago Ts '49.. 8 Stinnes H 1s '48 20 Uni St W 6153 A " xd—Ex-dividend. wi—When issued. ew. With warrants. A—Plus extra in stock. B—Plus 10 per cent in stocl FREIGHT TRAFFIC. For the first time in more than two | months, a week’s freight traffic on | | American railroads is reported as | s | amounting to less than a million ca: loads. The American Railway Associa- | tion, in announcing the loadings for ' the week ending July 6 at 908,832 cars ! pointed out that the July 4 holiday j was entirely responsible for the decline. ' [lnd added that this total was 57,885 | cars in excess of the total loaded dur- ing the corresponding week of 1928, and 69,747 cars more than loaded dur- ing the corresponding week of 1927. Figures for the loading the week of July 6, .in comparison with relative periods, are as follows: Week ending July 6, 908,832 cars: preceding week, 1,095,724 cars; sam: | week last year, 850,947 cars. . POTATO MARKET. CHICAGO, July 17 (#) (United States Department of Agriculture). —Potatoes | —-Receipts 89 cars, on track 323 cars, total U. S. shipments 510 cars. Trad- ing slow, market very weak on all sacked stock: dull on barrel stock. Kansas and Missouri sacked Irish cob- | blers, 1.8522.25; Kentucky sacked Irish | cobblers, 2.75a2.90; East Shore Virginia :bnrrel Irish cobblers, mostly 5.25a5.35. sl o | MONEY MARKET. | | NEW YORK. July 17 (®.—Call | money ezsler: high, 12; low, 8; ruling rate, 12; close, 8. Time loans firmer; {30 days, 7%na8; 60-90 days, 7%,a8; 4-6 months, 7%a8. Prime commercial paper, 6. Bankers’ acceptances un- changzd. METAL MARKET. NEW YORK, July 17 (4#).—Copper suady':g :Le;trolydt‘ic. sptz and future, lg. Iron st ; un Tin easy; spot, 47.00; future, 47.02?‘:51& steady; fiu New York, 6.75; East St. Louis, 6. Zinc firm; East St. Louis, spot anc futures, 6.80. Antimony, 8.25. s St s Air Travel Increases. mmmm (:L—Wh.hln :woc yeo e num| Aalr passengers in Carna: increased from 6,000.to 47,000. Canu dian airmen have mapped about 250, 000 miles of territary. . 10 Alum Ltd 5s '48.. 97" 96, Wform in the United States, he said: i money value of these products is | | $Th.608 4 ¥ [1evels of the week, the most substan- | | over. | States GROWTH OF BRANCH BANKING 1S SEEN Florida Financial Expert Com- ments on Trend to Com- " bine Resources. BY JOHN F. SINCLAIR. Special Dispatch to The Star. | NEW YORK, July 17.—Arthur F.| Perry, president of the Florida National | Bank of Jacksonville, one of the lead- ing bankers of the State, when asked his opinion of the growth of the Targer banking units- as they are now taking “I would not be surprised if a num- | ber of States during the next few years | passed laws permitting branch banking. | The tendency is to consolidate ints | larger wunits to control the banks throughout the varfous States. Hold- | ing companies may then be formed to control the stock of the large banks. There has been a marked change of | opinion in favor of larger and stronger | banks controlling the banking business | of the country, particularly during the | last year.” The recent afiliation of the Unitad States National Bank of Omaha, Nebr. with the Northwestern National Ba: Group of Minneapolis, institutions in cities 381 miles apart, is a fair indica- tion of what is happening throughout the country as a whole. Nothing shows the ol situation bfl-‘ ter than the condition in the Turner Valley and Wainwright fields of Al- | berta. | In Turner Valley the daily produc- | tion averages 2200 barrels, selling at $3.95 a barrel because of the high grade of naphtha, and 648 barrels of light crude ofl, which sells at $3.10 a barrel. $10,608 daily. But the gas released in getting this ofl to the surface is 158,000,000 feet a day. Only a very small part of this is used for fuel and light. About 20- | 000.000 feet is commercially used. The | rest is wasted, and this wasted gas is valued at $53.700 a day. : In other words, to produce $10.698 worth of oll the country really s losing $53,700 worth of gas. A scandalous | condition! | The situation Is ~ quite general | thrcughout the worl It's nothing | short of criminal to waste natural rE-J sources in such a manner. ‘The Federal Farm Board begins un- der particularly auspicious conditions. | For years the wheat farmer has been | | one of the worst hit of any class in the industry, Prices have been consistently ow, and crops have been only fair. | Now prices are moving up even be- | fore the board gets under way. What is the wheat situation today? July 1 the world carryover of whul} was 100,000,000 to 125,000,000 bushels | in excess of the average annual carry- | Under ordinary conditions this | would be bad. but the world wheat | crop for 1929, according to the United Department of Agriculture. | ints to a drop of abcut 325,000,000 ushels this year. | If_we allow for an increase of about | 70,000,000 bushels annually in the| normal world demand, we can see that | wheat prices will be above those of last year and that the wheat situation to| those lucky enough to have wheat to sell, should be much better than last year. ¥ Canada is ot likely to have more than a 50 o 60 per cent crop. The dry | weather has done irreparable damage | | ; itoba 1- | L“erlfffi‘.:'fi'.‘:'&’r,"e.:‘}.‘criicns. o %Ve':n-‘dellvffles of toys are expected for the | | ern Canada, south of Calgary. many | { wheat fields have been plowed down as a total loss. The crop in North Dakota, South Dakota and Montana is lighter than last year, while in Kansas a yleld of about 123 bushels an acre as against an average of 17 bushels last vear is expected. The Pederal Form Board can consider itself fortunate in this first stroke of luck, and its study of farm relief can proceed in a more orderly and careful way as a result. & Think of $11.400,000,000 being invest- ed in public utllity securities during the last six years. There were 2,577 issues offered to the public, averaging $4,400,- 000 each. During the last two years, 979 issues totaling more_than $5,250.000,000 were offered to the puhlic. The amount offered per issue was $5,400,000, slightly | more than the average during the six- year period. | Stone & Webster & Blodgett, Inc., say the new capital provided by inves ors for public utilities within the last | six years exceed the $10,700.000.000 annual output of all the country's factories and is nearly double the cur- rent value of brokers' loans reported | by New York banks. And then consider this: The gross revenue from the sale of electrical energy ross from $312,000,000 in 1913 1o $1,513.000.000 in 1928. But intense expansion in the elec- trical field has hardly started. Speaking of big figures, the first six months of this year 44 companies DELICIOUS, healthful ingredients, all care- f_ully blended and fully aged. “company” drink. An Gives energy, fights acid tite ordinary ginger al So | buying. A BARGAIN! Clicquot Club GOLDEN Famous quality at economy prices which do 82 per cent of all the life insurance business in the United States report $4,519,000,000 in new ordinary insurance written, $268,000,- 000 more than a year ago, a gain of 6.6 per cent. New industrial insurance has gained about the same per cent and reached $1,510,000,000 during the same period, while new group insurance written was $510,000,000, a decrease of 11.5 per cent. All in all there was the grand and impressive total of $1,100,000,000 month written. In other words, $35,000,000 of new insurance was written in the United States for every day the first six months of this year. (Copyright; 1929. by North American News- “oaper Alliance.) WHEAT PRICES SOAR. CHICAGO, July 17 (#)—Another wild outburst of buying carried wheat prices up more than 8 cents a bushel today, and December contracts swept past the $150 level in the sensational spurt. Closing prices again were at or near the top figures for the day, with the December delivery at 1.54%a1.547, | a bushel. The day's advance for wheat was from 77 to 8% and other grains scored strong advances. WHEAT — July " . September December CORN— Juiy . Seplember December OATS - Suly o Septemoer December RYE— July .. September December LARD- July ... Beptember October . RIES— September [, COTTON PRICES GAIN. NEW YORK. July 17 (Special) — Cotton prices advanced over half a cent today. ending not far from the top. with a gain of 50 to 60 points, Prices were up over a cent a pound from low High v 149 155 10300 Low. Close 1.022 1052 KA 2% 13030 tial advance of the season. advanced 55 points to 18.90 Range: Spots were High. 18.80 1893 19.08 19.35 1921 Open. 18.08 1853 30 July October’ October new. December January Markets at a Glance NEW YORK, July 17 (#).—Stocks strong; case threshing rises nearly 17 points. Bonds irregular; American R. E. Chemical 5!2s jump 5 to new high. Curb irregular: commonwealth Edison soars nearly 30. Foreign exchanges firm: franc and Japanese ven both at new 1929 peaks. Cotton higher: high tem. perature Southwest. Sugar higher; Cuban support. Coffee steady; CHICAGO. July 17(#).—Wheat strong: absence of rain Northwest. Corn firm: bullish Kansas reports. Cattle steady to higher. Hogs lower. Christmas Toys Arrive. BALTIMORE, July 17 (Special).— Locai importers are getting ready for Christmas. The Holland - American steamer Westdyk arrived this week with 6,000 cases of toys from Germany and Holland, most of which were ordered months ago when the managers of big stores had before them the record of what the American child expects Santa | Claus to bring. Fear of increased tariff is stimulat- ing foreign purchases, brokers say. Brick next few months. CORNS lift off after using Amazing Liquid ON'T cut corns, fatal poisoning may follow. Remove them in amazing scientific way, One drop of this liquid deadens pain in 3 seconds. Then it acts to shrivel up and loosen corn so you peel it off. Doctors urge it for safety. Beware of imitations. Get the real “Gets-It” —for sale everywhere. “GETS-IT,” Inc., Chicago, U. S. A. An ideal important tonic food. H H = E g condition, helps appe= £ Costs no more, ounce for ounce, than different in flavor and healthvalue.Incleannewbottlss. At mostdealers. trade FINANCIAL. Commodity Notes Special Dispatch to The Star. Fruit. ATLANTA, July 17.—Less than 1,000 cars of gwhen will be shipped from Georgia bfore July 27, when the season closes, making a total of 5,100 cars. This is the smallest yield in a decace. Returns, however, will be about $5,000,- 000 to growers who escaped Spring storms, which’ destroyed two-thirds of crop. Dairy Products. CHICAGO.—Supplies of butter storage have showed a huge increase to 91,911,000 pounds. against 28,389,000 a month ago, and 69,760,000 last year. American cheese storage holdings are 62,739,000 pounds, against 47,641,000 last month and 53,646,000 last year. Tee. their product 25 per cent. Most re- i tallers passed the increase on ‘to their | customers, but some added only 20 per jcent to their prices. The retail price now averages around 60 cents a hun- | dred pounds. Corn. | SPRINGFIELD, II.—The condition |of corn in Illinois is set at 72 per cent {of normal, against 79 per cent a year ago, with ‘the prospect for a yield of 297,948,000 bushels, compared with 367,488,000 harvested last year. Steel. YOUNGSTOWN, Ohio.—Demand for steel office furniture and other fabri- cated metal products is holding up well | in this district, with local fabricators enjoying excellent business. General Pireproofing Co., Truscon Steel and Youngs'nwn Boller & Tank Co. are operating at practical capacity. Razon. LEWISTOWN, P | makers of rayon, are adding materially | to the number of women working for | the concern, to take care of production ! in new units just completed. The plant | now employes about 2.500 women and 1.800 men. “And When comfortable chair . . more enjoyment for the able as it is beautiful. T10°126h SE N WL ! in Gold Shipments. NEW YORK. July 17 (P).—Arrival | today of $3,750,000 in gold from Argen- tina for the International Acceptance Bank, and the prospective shipment of itional $1,500,000 to the Bank of America, announced yesterday, brings the total of gold moving here from that, country to more than $25,000,000 since January 1. Imports from June 1 to July 10 amounted to $20,028,000. Bank- ers explain that the movement causes no u:fiui:em ;Ir:’celthe South American republic has had lar; than it needed. i e Telephone in Pullmans. NEW YORK, July 17 (#).—The Southern Pacific Co. is soon to place 1 operation on one of its fast passenger trains between San Francisco :’nd P:‘n- NEW ORLEANS.—Manufacturers of artificial ice have raised the price of | ~—The Viscose Co., | everything is spic and span . . horhood! “Murco” is 100% pure, and is always as dur- land, Oreg,, the first inter-cer telephone | system. A telephone will be provided |in each Pullman car. CHESAPEAKE CORPORATION. Net income of Chesapeake Corpora- tion for six months ended June 30, 1929, was $1,860.863 after expenses, interest, etc., comparing with $1,806,396 in first half of 1928. For quarter ended June 30, net income amounted to $933.642 after above charges, against $881,842 in second quarter of previous year. Income account for quarter ended June 30, 1929, compares as follows: New Securities By the Associated Press. NEW YORK, July 17.—New security offerings today include: Western Union Newspaper Union 15- year 6 per cent convertible gold de- bentures, amount $4,250,000, at 99 and interest. Neet, Inc., cumulative convertible class A stock, amount $1,500,000, at $25 a share. Jackson County, Mo., 415 per cent bonds, amount $1,500,000, due July 15, 1934-49; to yield 4.40 to 4.60 per cent. City of Owensboro, Ky.. 5 per cent sewer bonds, amount $1,200.000, due serlally from December 1, 1931 to 1963. the Breezes Blow’— vour porch is the best place to enjoy them. A or a lazily-swinging hammock . . . and what can the “dog days” do. “Murco” Lifelong Paint —should be part of the picture . . . porch as smart and trim as a yacht. 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