Evening Star Newspaper, August 1, 1929, Page 14

STORE SALES GAIN INDISTRICT AREA Richmond Reserve Bank Re- ports 5.3 Increase in June Turnover. BY EDWARD C. STONE. The Federal Reserve Board's review of department store sales in June, just | issued, shows that retail trade in the Fifth Federal Reserve district enjoyed a 4.6 increase over the corresponding period in 92! From A June mond of 28 per sent, while stocks of goods on hand in June were slightly lower than in June, 1928. The month had | business days this year, against 26 a year ago. | “The report fur- ther shows that Washington had & ¢, 3. Gockeler. better record than this district taken as a whole. Sales here increased 5.3 per cent in June and | were up 49 per cent from January to | June. Among 15 leading Southern cities Washington made the best sales show- with the single exception of Balti- . which reported a gain of 7.8 per New Orleans had the poorest | sales, reporting a slump of 10.3 per cent | bolow the re rade record for June, | tore sales for June were 2 per a in the aggregate for the whole couniry than in the cor- responding month a year ago, accord- ing to reports made by 523 stores in 229 cities; on an average basis for business days sales were 6 per cent | larger than a year ago. For the first half of 1 sales were 3 per cent larger than last vear. Inventories of the reporting depart- ment stores at the end of June were 1 per cent below the level of a year| ago, according to reports from 433 stores. Clearings Compared by Months. n of clearings reported | gton Clearing House As- n so far this year show that | March and April were ahead | le February, May and June by the | he Washin were up to the pace set ) month just ended. The following table | gives an_ interesting comparison by months of the clearings for each | month, so far this vear with the cor- | responding seven months in 1923. —Prev. 1920~ Stock ana High. Low. Dividend Rate. 547 381 Abitibi Power & Pap 24 79 Abitibi P& P pf(8).. 1 Adams Express (6).. 3 Adams Exp pf (5) 1 Adams Millis (2). 2 27 Advance Rumley. 3 40% Advance Rumley pf. F11 14 Ahumada Lead.. 24 951 Alr Reduction (3) 37% Air Wal El Ap(23 412 Ajax Rubber. 4'3 Alaska Juneau 12 Albany P W Paper.. % Allezheny Corp..... 100% Alleghny pf rets 8219 Alleghny old ex war. 241 Allled Ch & Dye (6). 166 3 Allls-Chalm Mf (7). 5 Amal Leather. 10' Am Agricul Chem... 40% Am Agricui Ch pf... 40'3 Am Bosch Magneto. 45 Am Brake Shoe 2.40, 15'4 Am Brown Bov Elec. 107% AmCan (14)... . L92 AmCar & Fdy (6)... 6% Am Chicle (2).... 164 10614 Am Encaust Til (2). Am European Sec. .. Am & For Power.... A & For Pw 2d pf.. Am Hawalian (1). Am Hide & Lea pf. .. Am Home Prd (3.60) Am Ice (13) Am Internat Am Locomoti Am Mch & Fdy (4).. Am Metal pf (6).. Am Metal (3).. 4 Am Pow & Lt (11)... Am Pow & Lt pf (6). AmP &L pfA (3) Am P&L pL A st (5). Am Rad&Std S(1%). Am Republics, Am Roll Mill (e2).. Am Seating (3) Am Ship & Com. .. Am Sm & Ref (4) Am Sm & Ite Am Steel Fdy (3). Am Stores (2). 4018 1061 81 110 Am Bank Note (13). 14! Am Beet Sugar...... 46 Am Beet Sugar pf... ‘Am Com Ale (k1:60). E Am Sugar RIg (5)... 111 104% Am Sugar Rfg p£(7). 1 35'% Am Sumatra (3). 17 193% 160 Am Tel & Ca (5).. Am Tel & Tel (9) Am Tobacco (8). Am Tobacco B (8). Am Water Wks (cl). Am Water W 1st(6). Am Woolen. Am Woolen pf. Am Writ Paper ¢ Am Zinc Ld&Sm. . Am Zine Ld&Sm pf.. Anaconda Copr (7).. Anaconda W&C (3).. Anchor Cap (2.40). Andes Copper (3). Archer-Dan-M (2). Armour Del pf (7). Armour 111 (A) Armour 111 (B) 10 A. B. A. Program Well Arranged. | am of the Amer-| clation. which holds n at San Francisco from September 30 to October 3. 10oks | good to lo: bankers. ‘The ;:cx\rral; meeting of the national bank division opens on Monday at 9:30 am. at the Hotel St. Francis. The clearing house executive committee is due to meet on the same day at 12:30. On Tuesday, October 1, clearing house section exanviners' conference | opens at 2:30 and the savings bank di- | vision has a meeting at the same time. | The nominating committee meets on the same day at 5:30. these meetings being followed by the subscription dinner of the National Alumni Association of the American T tute of Banking at 6| o'cloc] On Wednesday the incoming president of the A. B. A. gives a din- ner to the incoming State vice presi- dents at 6:30. The sessions of the general convention | will be held in the convention hall on | the mornings of October 1, 2 and 3.| The convention is always addressed by the best speakers obtainable and this | year will be no exception, according to | Craig B. Hazlewood, the president. In and Out of the Local Banks. C. J. Gockeler, vice president of the District National Bank and secretary of the Washington Stock Exchange, will leave Washington tomorrow to spend a month vacation at his estate at Mar- fate, N. J. He will be accompanied by his mother. Mr. Gockeler reported to- day that the Washington Stock Ex- | change has done just double the busi- ness this Summer that it did the same period a year ago, C. H. Pope, vice president of the Munsey Trust Co., and secretary of the District Bankers' Association, was ex- pected at his office today sfter a month vacation spent in New York | State. Richard Hatton, financial editor of the Washington Herald, is taking a two-week vacation. He is following the example set- by some of his banker friends and is remaining in Washing- ton. Rolfe E. Bolling, president of the Merchants Bank & Trust Co., has re- turned from a short vacation spent his old home in Abingdon, Va. William R. Baum, former vice presi- dent of the Mount Vernon Savings Bank, i1s in the city for a few days. | He is now manager of the New York office of the F. H. Smith Co. Daniel R. Crissinger, chairman of the execu- tive commiifee of the same firm is in Southern Maryland on a fishing ex- cursion. Bank Stocks Popular Today. Four Wachington bank stocks ap- peared during the day’s trading on the local Stock ge, selling in small | lots. Riggs National sold at 576, Union | Trust at 525, Merchants' Bank & Trust Co. at 150 'and Washington Loan & Trust at 535. Capital Traction sold to the_extent of 70 shares at 93%, Potomac Electric Power 515 per cent preferred was in demand at 108!, 3; and 7. The 6 per cent issue came out in a small sale at 112!5. A small sale in Washington Railway & Electric preferred took place at 9815, Federal-American Co. common sold at 45, Lanston Monotype at 127, Mer- chants Transfer & Storage preferred at 10675, 20 s s of National Mort- gage & Investment preferred at 4% and 200 shares of Real Estate Mortgage & Guarantee preferred sold at 7%. In the bond division Capital Traction 55 registered 98'.. Chestnut Farms Dairy 61.s, 106': Washington Gas A’s, 1017, and the Gas B's, 106. George- town Gas sold at 100, $7,000 Wash- ington Railway & Electric 4s at 86%4. Firm Declares Dividend. The Washington office announces the Standard Collateral Shares Corporation on August 15 will pay to holders of common stock of record July 15 a divi- dend cf 60.062 cents per share. The price of these trusteed shares during this period ranged from $12 to $19.375, so that this dividend will show a yield at the rate of 10 per cent on the low and 6.2 per cent on the high price of the period. The Virginia-Carolina Chemical Cor- poration has declared regular quarterly dividend of $1.75 on prior preference stock, payable September 1 to stock of record August 17. Many Eyes for Insects. With few exceptions all insects are | - supplied with at least five eyes and some of them with more. As a rule the Jarger o-e3 which do most of the work, are located on either side of the head while the others are irregularly placed on top of the head. They are designed for use on different occasions and under «iifferent conditions, Arnold Constable. . Asso Appl Ind (4)... Asso Dry G (23) .00 Asso D G 1st pL(6). Atch T &S Fe (10) Atch T&SF pf (5). Atl Coast Line (110). AtIG & W Indles. . AUG& W Lpt (4) Atl Refining (11%4).. Atlas Powder (4) Auburn Auto (j4)... Austin Nichols. . Autosales. . Aurosales pf (3).. 210 1154 64 Baldwin Loco (7)... Balto & Ohio (6) . Bang & Aroos (3%).. Baruet Leather. . Barnsdall (32%) Beacon O] Beech-N Best & Co (3).. Bethlehem Steel (6). 1001, 1434 63'n 2 B6Ya Borden Co (3) Wa rner (j4). Briggs ). Bristol Myers(t4%). Brockway M T (3). Bklyn Edison El (8). Bklyn-Manhat (4)... Bklyn Union Gas (5) Brown Shoe (2%) . Belding-Heminway.. Bendix Aviation (2). 152 Bohn Alum&Br(t4).. 10 411 3 Sales— Add 00. High. 503 1001x 432 Eruns-Balk-Col(3) 4 Rurns Rros B. . 2 Bruns Ter & Ry S. 1 Bucyrus Erie (1) 2 Bucyruscvpf (2%). 8 Buff & Susque....... 1 Bullard Co (1.60) 2 Bush Term (g2). 2 Butte Copper & Zine. 3 Butte & Superior (2) 2 Butterick Co 3 By-Prod Coki 3 e 827 72% Calif Packing (4) 3 T8N 3 1% CallahanZinc&L... 4 113 135 123 lumet & Ariz (10). 48 1337 61% 36% Calumet & Hecla(4). 76 427 477 4512 Campbell Wyant (2). 3 45 9) 78 CanadaDry G A (5). 32 90% 2657 218 Canadian Pac (10)... 36 231% 35 Cannon Mills (2.80).. Cese (J 1) etfs (6). Cavanagh-D pf(634) Celotex (3). 4815 Cerro de Pasco (6). Certain-teed Prod Ches & Ohio (10). Chesapeake Corp (3) Chi & Alton....... Chi Mil St P&Pac. .. Chi Mil St P&Pac pf. Chi&NW (4)..... Chi Pneu Tool. . . Chi Pneu T pf (3%4).. ChiRI&Pac (7).... Chi R1& Pac pf (6). “hilds Co (2.40). . Chrysler Corp (3). City Ice & F (3.60). City Stores (1). Cluett Peabody (5 Coca-Cola (4).. Coca Cola A (3) Collins & Atkman.... Colo Fuel & Iron.... Columb Carbon t4%. Columb G & E (2) . Colum G&E pf B(5).. 4 Colum G&E pf A(6). Col Graph (29¢c). Col Graph F' P (29¢). Com Credit (2). Comm Credit A. Com Solvents (h8) Comnwealth Pwr t4. i Cent Alloy Steel (2). 173 Com Inv Trust (14).. Conde Nast Pub (2).. 3 2 1 1 4 129 3 ErleR R, Erie RR Fid Ph Fleischmann Fleischm: Gen Asphalt Gen Cable. Gen Cable A Gen Mills (3) 127% 10 LoftInc.... Stock and Dividend Rate. Dunhill Inter (34).. 1 Duplan Sitk (1) Du Pont de N(1414 Dupont d N deb (8 i Dugquesne lst Fastman Kod (18) Eaton Axle & S (3 4 Eitingon-Sch (2%) Eitingon pf (614) Elec Auto Lite (6). Electric Boat. E Fureka Vac Cl (4)... Evans Auto L(32%). Fairbanks Morse (3) Fash Pk Asso(k2% ). Fed M & S pf (7).. Fed Motor Tr (80¢).. % n ctfs. .. Follansbee (121). Fox Film A (4).. Freeport-Texas (4). Gabriel Snub A. . Gamewell Co (5). Gardner Motor. Gen Am Tnk Car(14) Gen Bronze (2). Gen Cigar (4). Gen Electric (18)... Gen Elec spec (60c). ien’l Food Corpn (3) Gen Gas&El A (ell3) Gen Motors (+3.30 Gen Motors pf (6) Gen Motors pf (7)... Gen Outd Adv A (4). Gen Outd Ad vic (2). Gen Public Serv(b§) Gen Ry Signal (5). Gen Refrac (13%). Glilette Safety R (5) Gimbel Brothers Gimbel Bros pf (7) Glidden Co (11%)... Gobel (Adolf)...... Gold Dust (2%) Gold Dust pf (6). Goodrich BF (4). Goodrich pf (7). Goodyear Tire (5)... Graham-Paige 1 Granby Consol (7).. Grand Unon..... Grand Union pf (3) Granite City Stl (3) Grant W T (1) Grt North pf (5). Grt North ptet (5).. Grt Nor Ore (a13%).. Grt West Sug (2.80). Greene Can Cop (8) Gulf Mo & North. Guif Sta Steel (4) Hahn Dept Stores. .. Hahn Dept S pf(614). _ Hartman B (1.20)... Hayes Bdy (b8 Hershey Chocolate Hershey Choc pf (4). Hershey Chpr pf(6). 1 Holland Furn (e23). Hollander & Son. . Houd Hersh B (1%). 1 Housend Fin pf (3) Household Prd (14) Houston Oll...... Howe Sound (t435) Hudson & Man (2%3). Hudson Motor (5) Hupp Motor (£2). Indian Refining. Indian Refining ct. Industrial Rayon.. Inland Steel (3%5) Ingersol Rand (5%). Inspiration (4)..... Interboro Rap Tran. Intercontinental Rub Intl Agricultural. Intl Agri pr pf (1) Intl Business M (5 Intl Cement (4). Intl Comb Eng (2). Intl Cmb Eng pf (7). Intl Harvester (23). Int Hydro El A (e: Intl Match pf (3.20). Int Mer Marine ctfs Intl Nickel Can (80c Intl Paper pf (7).... Intl Pap & P A(2.40). Intl Pap & Pwr B. Intl Pap & Pwr C.... Intl Pap & Pwr pf(7) Intl Print Ink (2%) Inti Silver (18)... Intl Tel & Teleg (2). Inter Dept St (2)... Intertype (ft13%4). 1sland Creek Coal(4) o Kennecott (5). Kimberly Clrk(2%) Lambert Co (8). Leh Val Coal pf (3) Lehn & Fink (3).. Liggett & My (15). Liggett & My B (15). Lima Locomotivs Link Belt (2.40) Liq Carbonic (14 p Ine (2)... Loew'sptxw (6%). Loose-Wiles (2.60). Lorillard (P) Co. Loufsiana Oil. . 24 10 1 Endicott-John (5)... Eng Pub Serve (11).. Eng Pub Sve pf (5).. Fing Pub Sve pf(514) 2 T Illinofs Central (7).. Independ O11 & G (2) Indian Motor Cycle. . 85 . 270 2 4 317 2 2 2 Kinney (G R) (1). 8 25' Kolster Radlo.. 25 32% Kraft PhCh (1%)... 8 44's Kresge S S (1.60). 5 12% Kresge Dept Store: 20 3312 Kreuger & Tol(1.34). 227 75% Kroger Gr&Bak(cl). 25 Congoleum-Nairn. 19 Cong Cigars (15%).. 4 7 Mac A & Forb(12.835) 1 oo CAr (). 16 623 McKeesport TP (4).. 3 Consol m 1n pf(2) 7 49 McKesson & Rob (2). 20 9514 Consol Gas (3)...... 612 55 McKes&Rbpf(3%). 11 100% 96' Consol Gas pt (5). 5 91 Mack Trucks (6).... 9 70ty 51 Consol RR Cub pf(6) 1 148 Macy(RH)&Co(ct3). 78 6% 2% Consol Textile 7 17% Madison Sq G (13%)., 23% 12 Container Corp A.... 2 60 Magma Copper (5) 11's 6 Container Corp B.... 10 18 Mallinson & Co. .. .. 90 47% Contl Baking A 31% Man Eley-mod ( 8'4 Contl Baking B. 5 66% Marmon Motor (4). 8813 Contl Baking pf (8).. 12 42, Mathieson Alk (e2) 61% 59 Cont'lBankof N.Y... 1 7314 May Dept Strs (4). Contl Can (214) 19 Maytag Co (12).. 9 Contl Insurance (2). 33 944 38% Maytag Co pf (3).. 9 Contl Motors (80c).. 34 14 56'% Melville Shoe (1.40). 1 Contl Oil of Del... 46 30% 20 Mengel Co, 13 Corn Prod (13%).es. 53 99%a 24 Metro Gold pf (1. 1 Coty Ine (g2).. 47 59% 36% Mexican Seaboard. 22 Crosley Radlo (1 84 95y 30% Miami Copper (4) 35 Crown Cork & Seal 167 85 Michigan Stl (2%) Crown Zellerbach (1) 4 19% 30% Mid-Continent P (2). 52 Crucible Steel (5)... 18 104% 3% Middle States Oll. ... 10. 5% 1% CubaCane Sugar.... 31 2% 2% Miad Ofl'e 18% 6% Cuba Cane Sugarpf.. 41 7% Middle Stat 67% 491 Cudahy Packing (4). 4 521 Minn Motine 2 173% 135% Curtiss Aero (1). 24 157% 2 1013 58% Cutler-Ham (3% 18 98 32 1 691 427 Davison Chem. 11 52 Missour Paeific..... 13 3 Debenhams (al.59).. 1 34 Missourf Pac pf (5). 3 Delaware & Hud (9). 15 216% 2 Mohawk Carpet t2% F13 Del Lack & W (17).. 12 148 Mont Ward (2%)... 222 Denv&RGWof.... 2 754 4 Detroit Edison (8) 7 370 2 G4% 431 Devoe& Ray A (13). 1 46 26 10% 8% Dome Mines (1)..... 64 11% Y 54% 40 Dominion Strs(1. 1 47% 47T% 4Th 4% 2 126% 105 Drug Corpn (4)....s, 129 115% 112 116% 111 . _ . 162 Sales— Add 00, B 5 20% 190 113% 98% 146% 110% 6515 37 51% 71 Jewel Teanew (3).. 1 7% 1523 Johns-Manville (3).. 40 185% 6 Jordan Motor Car. 2 7T Kan City Sou (5). 6 103% Kan City Soupf (4).. 1 66 Kaufmann DS (1%). 1 27% Kavser J & Co (5) 23 52% Keith-Albee-Orph 2 37 4 Keith-Albee-O pf (7) 8 122 Kelly-Spring Tire... 29 134% Kelsey Hayes (2).... 19 45% Kelvinator Corp 207 17 373 708 ish. Low. 0 b 0 20% 188 113 8% 3274 1024 1061y 106 4l 211y 435 65 37 51 1% 83 6% 1025 66 Prev. Close. Close. 50 “ | 5.00a7. «-Prev. 1929~ Stoc™ snd Bales— . | ~Prev. 1929 Stock and Sales— Prev High. Low. Dividend Rate. Add 00. High. Low. Close. Close. | High. Low. Divider 4 Rate. Add 00 High. Low Close Close. 142" 961 Motor Products (17). 1 125% 124 124 125 | 521 34 Spang-Chalfant 3 39 54% 39 Motor Wheel (2).... 121 56% 52% 53 54%|. 68% b7 Sparks Withgtn (n). 14 81% 424 Mullins Mfg........ 4 45% 44 44% 45%| 44 35' Spencer Kelg(1.60).. 120 61% 50 Munsingwear (3%4) 1 58 b8 58 58 | 66% 45 Spicer Mfg. 7 1004 62 Murray Corp (a3)... 85 89% 88 89% 89 | 55% 45 Spicer Mfg pf (3) 12 : v 1173 77 Spiegel-May-St (3).. 2 h Motora (8) 13 847 43% 1615 Stand Com.Tob (1) 1 Acme (1%)..... (26 38% 140% 80% Stand Gas & El (3%) 271 4B 15 NatlAIE DA s 15t a2ie 67 62% Stand G&E DL (4)... 12 &7 64 Stand O Callf (13). 33 62% 48 Stand OIINJ (f2)... 98 45% 38 StandONNY (1.60). 43 Natl Cash Reg (14). 837 25% Sterling Sec (A).... 142 Natl Dairy ($1%) 1515 13% Sterling Sec pf 11.20. 10 Natl Dept Stores. . .. 71 65 Stewart Warnr(3ig) 50 Natl Distiller Stone & Webster. ., 144 Natl Distiller; | 98 73% Studebaker (35) 11 DA Pt 4% 1% Submarine Eoat. 2 Natl Pwr & Lt (1) 12 6% Superior Oil........ 49 NeliFoan e 3% 34 SuperiorSteel....... 8 Natl Supply (18) . 221, 13% Sweetsof Amer (1).. 1 Natl Surety (5). 9 4% Symington. 2 Nevada Copper (3 19% 124 Symington A... 1\:le’lol’l Co A (3)... Nexwton Steel (3). Telautograph (1).... 1 Tenn Cop &Ch (1).. 5 _ rexas Corp (3). 20 NYChastL (6 Tex Gulf Sul (4)..... 62 N Y Chi &5t L pf (&) Texas PC& Ol (b5). 1 NYNOI»CIL“. Texas Pac Land Tr 27 NYN§ H(; Thatcher Mfg. . . 1 NYNH&Hpf ( ¢ Thatcher pf (3.60)... 2 \ Y Ont & West..... 4 The Fair (2.40) 52 Norfolk&Wstn(110). 5 Tis Tide Water Asso. ... 24 North Am(b10%stk) 243 Tide Wat Asso pf(8) b North Am Ed of (6.~ 1 Tide Water Oil pf(5) 1 NoGer Lioyd (341). 1 Timken Det Ax(80¢). 6 Northern Pac (5). Timken Roller (3)... 42 North Pac ct (5) Tobacco Pr (1.40)... 23 “ob Prod ctfs(1.40). & 4 O11 Well Supply. . 3 18K 184 184 Tonaceo Fr A (1400, 15 Oliver Farm Equip.. 32 43 413 43 Tob Prod ctfs A 140. 1 Olive FrEqpfA(6).. 3 9115 931 9315 9314 Transcontinental. ... 154 Olivr FrEpevpt(3). 8 bdn 534 53 b3% Trico Prod (234). 2 Omnibus Corp. . 2l sl ge vEx g Truax Traer (1.60).. 4 OtisElevator (6).... 2375 375 875 367 Truscon Sul (11.20).. 2 Otis Steel... 3449 4Tw 4TH 49 Sl b Owens Ll Giass (430 '3 7% 76 6% | 10 o1 nderw-ELFIRG) Pacific Gas & £ (2).. 134 72% %3k Unlon Cariide s 603: 1 Facific Lighting (3). 220 1173 Union Oil Calif (2).. Pacific Oll stubs..... 10 1 Union Pacific (10). .. Packard Motor (15). 104 130% Union Pacific pt (4). Pan-Am Petroleum.. 17 6l Utd Alrcraft&Trans Pan-Am Pete B..... 223 61% Utd Aircraft&T pt 3. Panhandle P& R.... 1 8 Utd Biscult (1.60)... Paramount-F-L (3).. 450 69 United Carbon. . ... Park & Tilford (33).. 2 53 Utd Cigar Stores(i). Park Utah (80¢)..... 70 6% Utd Cgr Storecta. .. Fathe Exchange: 1 6 & Utd Corporation. ... . 1‘l‘ :g;: Utd Corp pf (3).. Utd Electric Coa Penick & Ford...... 9 57t " Penn Dixie Cement.. 2 1 ULl Gae & it Pennsylvania RR(4) 52 People’s Gas.Chi (8). 23 Phelps Dodge (3). 62 Phila Co (17) s 1 PhilaCo6% pf (3).. 1 Phila& Read C& I.. 126 Philip Morris (1). 3 Phillips-Jones (3) Phillips Pete (1%).. Plerce Arrow pf (6). Pierce Ofl. . Pierce Oll pf.. Plerce Petroleum. Pillsbury Flour (2). Pirelli Co A (2.33) Pitts Terminal Coal Pitts & W Va (6) Poor & Co (12)...... P Rican Am To (A)7 P Rican Am To (B).. Postal Tel & C pf(7). Prairie Oil & Gas. ... Prairie Pipe L (14).. Pressed Steel Car... Pressed Stl C of (7). Pub Sve NJ (2.60) Pub Sve NJ pt (6) Pub Sve E&G pf(6). Puliman Corp (4). Pure Oil (1%) Purity Bakerl: 28 Radlo Corp.. Radio pt B (5). Radio-Keith-Orph A. 31 5 0 Reading (4) - Real Siik Hosfery... Remington-Rand.... 1 Reming-Rnd 1st (7). 2 Reo Motors (11.60).. 166 Rep Brass Corp..... 3 ep Brass A (4) Rep lron & Stl (4 Rep Ir & Stl pf (7) Reynolds Spring. Reynol Rhine West (1.92) Richfield Oil (2). Rio Grande Ofl (k2). Tb B(2.40). Servel Inc. . U S Cst 1P U S Dis For: U S Ind uUs U U Univ Pi Vadsco Waldor: Ward B Warner Warn Bi Warner Warren Westng| Westng Westval W eston 45'% Utd Gas & Imp (1) td Paperboard Foreign Secur... Hoffman (4). U S Leather pr pf(7 U S Realty (5). ubber. .. U S Rubber 1st pf. U S Smelt Ref (333). USSmeltRetpf3% 1 Steel (7).... Steel pf Univ Leat Tob (3)... Util Pwr & Lt A (e2) 232 Vanadium (14). Vick Chemical (4). Virginia-Car Chem Virginia-Car 6% pt.. Wabash. Walwort] i Wess Oil & Sgow(2). Westn Dairy (B). Western Maryland.. Western Union (8).. White Eagle 01l (2).. White Motor (1).... 10 Zenith Radlo. . 1P cifs(z) 15t pf cfs 1.20 pf efs 1.20 uting trib pt (7 14 N nSec pt (1) e oRacBennaani Alco (6). [0S 26 . 1636 3 6 pe & Rad.. Sales. . 164 507 5 & 1 40% W £ Systm (1%) 2 (1.20).. 5 ng B. 2 Bros Fic (n) 200 r P pf(2.20).. 2 -Quinian (2). 10 Bros (15) 22 h Air Brk(2) h EI&M (4) co Chlor (2). El Instru. Ritter Dental (2%). 8 White Sewing Mach. 4 Rossia Ins (2 :a)/f{. ~ 2 Wilcox Oil & Gas, 2 Royal Bak Pwdr(1).. 5 Wilcox Rich(A)2% 1 Royal Dutch(a1.336) 62 Wilcox Rich(B)e2... 21 N e——— | 35 &7 Safeway Stores (3).. 41 1‘]‘{2[ :1 ’3{ i?;:‘:.hpl,'::.d(v,": e 27 Wilson & Co A 1 StL Southwestern.. 166 B St L Southwn pf (5)., 2 o vorngtann 3 Savage Arms (2).... 3 40 e 30% Schulte Retail Strs.. 7 20% s Lol Scott Paper (11.40).. 1 63 Seaboard Alr Line... 4 14% 61% Yale & Towne (4) Seagrave (e1.20).... 1 14 34t Yellow Truck & C Sears Roebek (32%). 106 167 52 Young Sp&W (12%). 10% Seneca Copper...... 4 4% 105 Young Sheet& T (5) ~| 1848 12314 Shattuck F G (2). RIGHTS _EXPIRE | "313 25% Shell Union (1.40) 6% 4 Col Gas&EL..Aug15 192 6% 6% 6% 61, 741s 37 Shubert Theater (6). 21 175 Mont Ward..Aug26 599 21 21 21'a 21 1221, 75 Simmons Co (3)..... 5% 4% Stand Gasrts Aug.3l 701 5% 5% Bt oh 39% 18% Simms Pet (1.60). 1% 1 TranscontOilrts.... 433 1% 1w 1a 1 4 33 SinclairOil (12%)... T% 5% Utd Corp.....Aug 16 147 64 54 5 6 46'%4 32% Skelly Oll (2) Sales of Stocks on New York Exchange. A A . 576800 12:00 Noon.. 16% 10% Snider Packing. . ?2.188.100 210 PAL. 6415 33 Snider Packing pf... s 45 3 SoPortoRSuk 2. Ic-m"g-‘.vsfl'n'-':?-'fi:zd':n's‘nfi' o R R S 2% 53% Southern Cal Ed (2). aration. 1, It d1) 1 thi 100 shi Part] 15% 81 Southern Dairies B.. S et Tius si T Dreterred siock, Trlas L7015 stotk 150 124" Southern Pacific (6). fiio repulaeate. b Favatie in slock *c Plus 5% 16015 138 Southern Rwy (8)... 152 15 ‘avable ‘when earned. = ePavale n cash o Elock. G 180 BomiameAT 0,1 e 'shw "ths 30 pE"oe WTERE HT AT U D Baltimore Markets BALTIMORE, August 1 (Special).— Potatoes, white, barrel, 1.50a5.50; old, 100 pounds, 75a1.25; sweet potatoes, bushel, 1.50a2.50; beets, 100, 2.00a2.50; beans, bushel, 1.25a1.65; cabbage, ham- per, 1.00a1.25; carrots, 100, 3.00a4.00; celery, crate, 3.50a4.25; corn, dozen, 20a 30; cucumbers, bushel, 40a90; lettuce, crate, 4.5085.25; lima beans, hamper, 3.50a4.00; onions, hamper, 1.00a1.25; peas, hamper, 1.50a1.75; squash, ham- per, 15a25; tomatoes, hamper, 75a1.10; apples, bushel, 75a2.00; cantaloupes, crate, 1.00a3.00; blackberries, quart, 12a 20; huckleberries, quart, 20a25; water- mellons, 15a45. Live Stock Market. Cattle receipts, 300 head: fair sup- ply, market higher on steers, other times dull and easy. Steers—Choice, 14.25a14.75; good, 12.50a13.25; medium, 11.25a12.00; com- mon, 9.00a10.50. Heifers—Choice, 11.00a12.00; good, 9.0029.50; medium, 8.25a9.50; common, 7.0028.00. Bulls—Choice stable, 9.50a10.50; fair 75; common to medium, to good, 7.75a8.75; common to medium, ‘and lamb receipts, 500 head; ‘Sheep , | moderate supply, market steady; sheep, 2.0026.50; lambs, 8.00a13.75. Hog receipts, 200 head; light supply, market steady; lights, 12.50; heavies, 210.50; pigs, 11.75; p! X Calves—Receipts, 50 head; fair sup- ply, market steady; calves, 6.00a16.00. Pouliry Quotations. Poultry, alive—s; 25a32; Leghorns, 18a20; old hens, 23a30; Leg X old roosters, 18a20; ducks, 20a26; guinea fowl, each, 50a1.10; pigeons, pair, 25. Fggs—Receipts, 1,916 cases; native and nearby firsts, 33a34; current receipts, 31232, Butter—Good to fancy creamery, | pound, 41a45; ladles, 33a35; store packed, 201,a30; rolls, 31a32; process butter, 40a41. Hay and Grain Prices. ‘Wheat—No. 2 red Winter, spot, 1.45 No. 2 red Winter, 3 138 August delivery, 1.38%. Sept B . livery, 1.40'5; No. 3 red Winter, gar- lickly, spot, 1.331,, Receipts today, 151,945 bushels; re- ceipts of new water-borne wheat so far this season, 1,133,353 bushels; to same date year ago, 934,304 bushels. in elevators, 6,522,853 bushels. Corn—No. 2, export, August delivery, no quotations; No. 2, domestic yellow, 1.21a1.22; cob corn, 6.00 barrel. Oats—No. 2, white, domestic, 61; No. 3, white, domestic, spot, 59. Rye—Nearby, 1.10a1.20. Hay—Receipts none. Season for old hay is about over. A little new crop is arriving, but hardly enough upon which to establish quotations - by grales. Where in good order, new hay sells at from 13.00 to 15.00 per ton, according to its quality and condition. Receipts 'I:ly t;uc taking care of most require- en Straw—Little demand for straw. Re- ceipts generally ample. Wheat straw, No. 1, per ton, 9.00a10.00; oat straw, No. 1, per ton, 9.00a10.00. CHICAGO LIVE STOCK MARKET CHICAGO, August 1 (#) (U. S. De- partment of Agriculture).—Hogs—Re- ceipts, 16,000 head, including 3,500 di- rect; market mostly to shippers and few small killers; unevenly 10a25 higher on lighter-weight hogs; butchers showing less advance, top 12.25. Butchers, me- dium to choice, 250-300 pounds, 10.50 al1.50; 200-250 pounds, 11.15a12.25: 160-200 pounds, 11.40 to 12.25; 130-160 pounds, 11.16a12.15. Packing sows, 9.15210.20. Pigs, medium to choice, 90- 130 pounds, 10.75a11.75. Cattle—Receipts, 5.500 head; calves, receipts, 2,000 head; very uneven steady to weak market on most killing classes; values ruling generally 50a1.00 lower than a week ago; top steers, 16.40; bulk, 12.50a14.75. Slaughter classes, , good and 1,300-1,500 pounds, 13.50a16.75; 1,100-1,300 pounds, 13.25a16.75; 950-1,100 pounds, 13.00a 16.50; common and medium, 850 pounds up, 9.00213.00; fed yearlings, good and choice, 750-950 pounds, 12.75216.00. Heifers, good and choice, 850 ponnds down, 12.50214.75; common and me- dium, 7.75212,50; cows, good and choice, 8.50a12.00; common and medium, 6.75a 8.50; low cutter and cutter, 550a6.7 bulls, good and choice (beef), 9.5 11.50; cutter to medium, 6.75a9.65; veal- ers (milk fed), good and choice, 13.00a 15.! medium, 12.00213.00; cull and conimon, 8.00a12.00; stocker and feeder steers, good and choice, all weights, lllflll!.wz common and medium, 9.00a Stock | pot spot, | Achairman, Sheep—Receipts, 15,000; market ac- tive, steady to strong; native lambs, 13.25a13.50; rangers, 13.50a13.75; fat 50; feeding lambs, quotable, mbs, , good and choice, down, 12.85a13.85; medium, 11.25a12.85; cull and common, 8252 11.25; ewes, megdium to choice, 150 | pounds down, 4.75a6.50: cull and com- mon, 2.50a5.00: feeder lambs, good and choice, 12.50a13.65. Wall Street Briefs NEW YORK, August 1 (#).—Holders of class B common stock of the General Gas & Electric Corporation will vote August 9 on a proposal to increase the number of shares to 800,000 from 400,- 000 and to designate the present shares | as cumulative preferred. United Power, Gas & Water Corpora- | tion, which controls the Federal Water | Service Corporation and the People's | Light & Power Corporation, will acquire a majority of the common stock of the Southern Natural Gas Corporation and concurrently with such acquisition. the name of the United Power, Gas & Water Corporation will be changed to Tri-Utilities Corporation. Shares in the Anglo-American Shares, Inc., a recently formed investment com- pany, are being offered in New York, Montreal, Toronto and London. The company has issued 150,000 shares of no-par common stock priced at $25.50 a share. Stockholders of the Superior Oil Cor- poration of Tulsa, Okla., y ap- proved & plan whereby they will reckive one share of capital stock in exchange for each three shares now held and au- thorized the capital stock of the com- pany to be reduced from 2,500,000 no- par shares to 2,400,000 shares. Spencer, Kellogg & Sons, dealers in linseed and other vegetable oils, have purchased the properties of L. C. Gil- lespie & Sons in Hankow, China, col- lectors and refiners of chinawood oil. Second-quarter earnings of the Gen- eral America: Tank Car Corporation will show considerable improvement over the first quarter and over the sec- ond quarter of Mlm, Max Epstein, ay. s2%, | Westinghouse Electric, Gillette Safet FINANCIAL MONEY HAMPERING STOCK LIST'S RISE Main Price Tendency Upward on Exchange Today—Some Issues Lose. BY STANLEY W. PRENOSIL, Associated Press Financial Editor, NEW YORK, August 1.— day’s stock market, but failed to check !he'l’l‘cumpllun of the upward price movement. A sprinkling of issues Jost ground in a midday selling movement but the main price tendency was up- ,‘ffiifia“},‘p“ the public Wilities and high- ecialties ir Vi u‘;‘ad‘vmm 0 the vanguard of cavy calling of loans sent the money rate from 10 to 11 per cent, ‘rxfl-: indications that the rate would work - higher before the month-end stringency was over. Time money rates held firm, with 9 per cent asked for the shorter maturities. The National Cily Bank, in its monthly review, states that in the face of the unusual demand for credit this season when rates are customarily easy “it seems quite useless to hope for cheap money in the near future; never- theless, there is no reason to fear that ample bank accommodation will not be avaliable at reasonable rates to finance legitimate business, including the re- guirements of crop moving and the Fall Inasmuch as no change was made in the Bank of England discount rate to- day. Wall Street is not looking for any change in the New York call rate. Be- cause of the declining trend of prices in the latter part of last weck and early this week, little change in brokers' loans is expected when tne weekly s ate- ment is issued after the close. Busi- ness and trade news continues favor- able. with excellent current earnings statement providing the background for the advance in many issues. Detroit Edison was the spectacular feature in today's market, soaring 27 points to a new high record at 360. Vul can Detinning common and the “A stock each jumped about 18 points to new highs. Reach New Peaks. Auburn Aufo and Buffalo & Susque- hana ran up more than 8 points o new high records. while General Electric touched a new top at 384, up Razor and General Public Service also reached new peak prices. United States common, which carned more than $11 a share in the first half of the year, crossed 211 to a new high. sold down {0 209'4 and then rebounded above 210. Marmon Motors, Standard Gas & Electric. Atchison, St. Jesepn Lead. Brooklyn Union Gas, and Timken | Roller Bearing ali sold 4 to 5 points | higher Pacific Telephone fell back 5 points, Allis Chalmers 4, industrial Ravon 3% and New York Central, Lackawana, Wright Aero and American & Foreign Power 2 points or more. Reports of a brisk foreign demand for | copper brought fresh buying into the copper shares in which the public is re- ported to be heavily commiticd. Market Bullish at Start. Bullish operations were resumed with considerable violence at the opening to- day. General Electric jumped 5 points on the first sale to a new high at 3821, and Pacific Lighting opened 3 points higher at 1117, also a new top. Good- vear Rubber advanced 2 points and Westinghouse Electric. Missouri-Kan- jsas-Texas, Safeway Stores and Kenne- cott advanced a point or so. Retention of the 5!, per cent discount rate by the Bank of England had a bullish effect on speculative sentiment, despite the fact that bullion dealers reported that a million or more pounds in gold had been taken from the Bank of England for shipment to France. United States Steel common assumed the market leadership by crossing 211 to another new high record. Buying was 1nfluenced by unconfirmed reports that a special stock or extra cash divi- dend s likely before the end of the year, with current earnings running at the rate of around $20 a share annually. Auburn Auto and Frank G. Shattuck | also moved into new high ground. Ten of the eleven children of William | J. Hassall, a retired school teacher who died recently at Streton-on-Dunsmore, | England, are school teachers. Robert R. Bennett Investments Metropolitan Bank Bldg. for 22 years Consult Us First If you need money for your Real Estate financing | let us have your application today. 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