Evening Star Newspaper, August 5, 1929, Page 10

10 ¥#¥ PRIGE RE STEADY OND. . EXCHANG Trading Confined to Small- Lot Transfers—Bid on Rail- way Cemmon Drops to 800. BY EDWARD C. STONE. Prices opened the week on the Wash- ington Stock Exchange about where they left off last Friday. today's trading being confined to small-lot transactions in variovs issues. Stock trading com- menced with Capi- tal Traction selling at 93';, followed by Potomac Elec- tric Power 6 per cent preferred changing hands at 1123, Six small lots of Potomac Electric Fower 5'; per cent preferred figured in the day's sales, opening at 1083, and closing at 10972, Two bank stocks came out during session, 10 shares of National Bank of Washington selling at 308, and 15 shares of American Security & Trust moving at 457. Both type stocks appear- ed on the board, Lanston registering 127 and Merganthaler changing hands to the extent of 30 shares at 105. The largest turnover for the day was in Na- tional Mortgage & Investment preferred, 100 shares recording a sale at 4%. A single share of Woodward & Lothrop preferred sold at 105%. Bonds were neglected. Capital Trac- tion 5s recorded $1,000 and $2,000 sales at 98 and $1,000 Washington Gas series A, bonds, changed hands at 102'4. The bid on Washington Gas Light stock today stood at 120 with 130 asked. The bid on Washington Railway & Electric common stock has dropped back to 800, following the recent sale of a single share at 880. The tumble in the present bid price is due to the fact that the date has expired for the chance to ex- change the stock for North American common on & 5-to-1 basis. Four Insurance Men Honored. Four Washingtonians are among those who won the degree of charter- ed life underwriter at the June exami- | nations of the American College of Life Underwriters, according to announce- ment made in Philadelphia today by Dean S. S. Huebner. They are: James ‘A. DeForce, Mutual Benefit Life: H. Cochran Fisher, Aetpa Life; Frank D. Roach, Mutual Benefit Life, and Dwight T. Scott, Mutual Benefit Life. Of the 100 life insurance men throughout the United States who hold this degree, there are now five located in Washington, H. Lawrence Choate, of the Mutual Benefit Life, having been awarded the degree last year. Examination subjects for the degree include general education, sociology, economies, business law, actuarial mat- fers and pyschology. Adequate experi- ence in handling life underwriting must also be shown. Summer Goods Notably Active. Certain unusual features have de- veloped in dry goods channels as a re- | sult of the protracted hot weather over a wide area of the country. The high temperatures have greatly stimulated consumption of Summer goods of all Kinds, the buying having continued for a longer time than is customary. Hence, stocks that seemed formidable earlier in the season have been appreciably re- duced, substantially bettering the po- sition of merchants. Moreover, higher prices for raw cot-| ton have quickened demand for manu- | factured products, with some correspond- | jng increase in firmness of quotations for the latter. Another upward price George A. Garrett. trend has been in burlaps, which were | influenced by a strike in Calcutta mills, and only small concessions were made in naming prices on staple worsteds, | serges, cheviots, etc.. for Spring, 1930. Meanwhile, says Dun's Review, the policy of cutting. down output of cotton goods is being adhered to, and it is ex- pected that a number of mills will be closed for a full week in August. It is} planned, reports indicate, to average four weeks' curtailment prior to late October. Changes in Cost of Living. Cost of living in Washington in June of this year was 60 per cent greater than in December, 1914, according to figures just released by the Department of Labor. However, this price is a' de- cline of 20.5 per cent under the peak price of June, 1920. Of 19 United States cities, Washing- ton showed the lower percentage in- crease with the exception of Portland, Oreg., with a 50.7 per cent rise, and Savannah, with 57.2 per cent. Buffalo showed the highest rate with & percentage of 78.8, with Detroit close behind with 78.1; Cleveland, 75.7. and New York. 75.5. Baltimore prices rose | 73.8 per cent. | Since June of last year prices here | have risen just .2 of 1 per cent. Gleaned in Financial District. George A. Garrett, resident partner of F. B. Keech & Co., with offices in the Metropolitan Club Building at Seven- teenth and H streets, has left Washing- ton for a trip to Europe, planning to return in September. Mr. Garrett sailed from New York on tire Leviathan. James H. Baden, vice president of the Commercial National Bank, was back at his desk today after a vacation. Oliver Exline, assistant cashier of the Bank of Commerce & Savings, is on a motor trip to Montreal. . P. H. Siddons, secretary of the American Security & Trust Co, fis passing his vacation in New York State. | R. W. Hynson of the Washington office of the National City Co., is back from a vacation passed in New Jersey. T. A. Keane, one of the Second Na- tional Bank's paying tellers, is confined to Emergency Hospital with typhoid | fever. Other Financial Notes. Total sales of the F. & W. Grand Stores for July amounted to $1,634,632, as against $1,205,007 in July of last year, an increase of 35.6 per cent. Safeway Stores, Inc., with which the Banitary Grocery System is affiliated, reports for 6 months ended June 30 net profit after taxes of $2915.589,, equivalent after preferred dividends to $4.31 per share of common. This com- pares with $1.412354 and $347 per share for the first half of 1928. For the quarter ended June 30, 1929, net profit after taxes amounted to $1,538.722, with per share earnings of $2.25, which compares with $728.435 and $1.73 per share for the corresponding quarter of 1928. The Equitable Securities Co., Inc. a subsidiary of the Equitable Trust Co. of New Work, has moved its Wash- ington office to the New Southern Rail- way Building, being the first tenant in the building. Stanley Carr is the local ‘manager. J. Meehan & Co., announce that transoceanic brokerage service is to be inaugurated on the Mauretania and Aquitania as well as on the Leviathan and Berengaria. Another firm is to establish officés on the French line steamers in the near future. YEAR'S GROSS LARGER. ‘West Virginia Water Service Co., a subsidiary of Federal Water Service Corporation, reports gross revenues of | $791,479 for the year endcd June 30, 1929, as compared with $766,657 for the preceding 12 months. Operating ex- penses, maintenance and taxes. other than Federal income tax, totaled $422,641, as against $433.106; Gross income amounted to $368,837, which compares with $333,561 for the year . ended June 30, 1928 - FINANCIAL. —Prev. 1920~ Stock ana Bales— Low. Dividend Rate. Add 00, High. 381 Abitibi Power & Pap 50% 79 Abitibi P& P pf(8). 87% 84% Adams Exp pf (5)... 90 27 Aa Rum| 3 40% Advance Rumley pf. 1% Ahumada Lead 95% Alr Reduction (3)... 37 Alr Wal Bl AD(23%). 4'3 Ajax Rubber. § 415 Alaska Juneau 12~ Albany P W Paper 27% Allegheny Corp. 118% 991 Allegheny pf (53%) 118 100% Alleghny pf rets 6%. 85 821 Alleghny old ex war. 346% 241 Allled Ch & Dye (6 28413 166 Allis-Chalm Mf (7).. 42% 2214 Amerada Corp (2)... 23% 104 Am Agricul Chem. 73% 40% Am Agricui Ch pf. 205 14%5 Am Beet Sugar.. §0% 46 Am Beet Sugar pf. 734 401 Am Bosch Magneto.. 62 45 Am Brake Shoe 2.40. 34% 15% Am Brown Bov Elec. 169% 107% AmcCan (t4).....000 Am Car & Fdy (6)... Am Car & F pf (T)... 70% Am Chain pf (7).... 46% Am Chicle (2). . 4315 Am Com Alc (k1.60). 9315 82% Am European Sec. 141% 75% Am & For Power. ... 10813 104 Am & For Pw pf (7). 42 24% Am Hawallan (1). 79% 521 Am Internat 136 102% Am Locomotive (8).. 192 147% Am Mch & Fdy (4).. 81% 50 Am Metal (3).. 1 113% Am Metal pf (6)..... 158% 814 Am Pow & Lt (11)... 103 98% Am Pow & Lt pf (6). 84% 79 Am P&L pf A st (5). 5413 40'% Am Rad&Std S(1%). 64% 397 Am Republics....... 134° 106! Am Roll Mill (c2)... 74% 61 Am Safety Raz (15). 9313 Am Sm & Ref (4).... 2 47 Am Snuff (n) 8 56 Am Steel Fdy 65 Am Stores (2). 71'4 Am Sugar Rtg (5)... 104% Am Sugar Rig pf(7). 35 Ain Sumatra (3). 292 1954 Am Tel & Tel (9) 18613 160 Am Tobacco (8). 188 1604 Am Tobacco B (8)... 121% 115 Am Tobacco pf (6) 143'a 87% Am Water Wks (c1). 27’a 16 Am Woolen 58% 3913 Am Woolen pf. 49% 22'a Am Zinc Ld&Sm.... 111% 90's Am Zinc LA&Sm p! 140 Anaconda Copr (7) 6814 62% Anaconda W&C (3) 62% 43 Anchor Cap 12.40). 124 102% Anchor Cap pf (6%). 68% 44/ Andes Copper (3) 29 Archer-Dan-M (2)... 85 Armour Del pf (7)... 10'% Armour 111 (A) . 5% Armour 111 (B) . 71% Armour 1l pf (7)... 19 Arnold Constable. ... 49% Asso Appl Ind (4). 43 AssoDry G (2%) 3% 195% Atch T& S Fe (10) 99 Atch T&SF pf (5)... 0933 169 Atl Coast Line (110). 67% 32% AtIG & W Indies, 61} 45% At G& W L pf (4 77% 531 Atl Refining (11%).. 183 115 90 Atlas Powder (4) 3 221 Auburn Auto (j4). 5% Austin Nichols. . 4214 32 Austin Nichols pf. 354 2214 Autosales........ 437 36% Autosales pf (3). 271% 210 Baldwin Loco (7) % 115t Balto & Ohio (6). 641, Bang & Aroos (3 3414 Barnsdall (32%) Beacon Ofl... Beech-Nut Pacl Belding-Heminway. . Belg N Ry pt pf (16) Bendix Aviation (2). 24 75% Best& CO (3)....... 5 §2'a Bethlehem Steel (6). 123% 116% Bethlehem St pf (7). 136% 110% Bohn Alum&Br(t4) 6 Booth Fisheries. £3'4 Borden Co (3). 143% 107 Borg Warner (J4). 815 Botany Con M (A). 30% Brigus Mfg. ... 36 817 59'y Bklyn-Manhat (4)... 7 237'; 170 Eklyn Unlon Gas (5) 112 49 4 Brown Shoe (24)... 4 5 Bruns-Balk-Col(3) 25 Bucyrus Erie (1) 38% Bucyruscv pf (2%). 46 Bullard Co (1.60) 22% Burns Bros B Burr Add Mach 89% 54% Bush Term (g2). 913 4'3 Butte Copper & Zinc. 192% 122% Byers (AM)........ 37% 317 By-Prod Coke (13).. ——c 241% 473 65% 424 50 54% 39 8274 72% Callf Packing (4) 4 1's Callahan Zinc & L 185 123 Calumet & Ariz (1 617% 36% Calumet & Hecla(4). 173 47% 483 4 Campbell Wyant (2). 98% 78 Canada Dry G A (5). 2657 218 Canadian Pac (10).. 4815 35% Cannon Mills (2.80). 2831, 308 Caze (JI) ces (6)... 79% 52 Celotex (3).. .o 561 40'5 Cent Alloy Steel (2). 203 10 Century Rib Mills... 120 B8% Cerro de Pasco (6). 16'a Certain-teed Prod Ches & Ohio (10).. Chesapeake Corp (3 415 Chi& Alton. . 6% Chi & Alton pf. 12% Chi Great Western. 8 Chl Great Westn pf % Chl Mil St P&Pac... % 46'a Chi Mi] St P&Pac pf. 80% Chi&N W (4). 28% Chi Pneu Tool. . 48'% Chi Pneu T pf (3%).. 115 ChiRI&Pac(7).... 9814 Chi R1& Pacpf (6). 36 Chiekasha COil (3). 44% Childs Co (2.40). 66 Chrysler Corp (3) 27 19% City Stores (1). 275 248 CCC&StL (8) 72% 42t Cluett Peabody 149% 120% Coca-Cola (4) 50 46% Coca Cola A (3) 72% 46 « Collins & Aikman 103% 91 Collins & Atk pf (7). 7813 56 Colo Fuel & lron. 96% 531 Columb G & E (2) 109 103% Colum G&E pf A(6). 88% 55% Col Graph (29c). 207 121% Columb Carbon t4%. 62% 43 Com Credit (2). . 50 50 Comm CreditA...... 195 13113 Com Inv Trust (t4). 246 107% Comnwealth Pwr t4. 93 59' Conde Nast Pub (2). 19%s Congoleum-Nairn... 67 Cong Cigars (15%).. 60% Consol Cigar (7). 25 Consol Film In pf 95% Consol Gas (3) 9613 Consol Gas pt ( 215 Consol Textile. 12 Container Corp A 6 Container Corp B 47% Contl Baking A. 814 Contl Baking B #8% Contl Baking pf (8). 57% Cont'] Bank of N. Y. 60 ContlCan (2%)..... 79 Contl Insurance (2). 13% Contl Motors (80¢). .. 2913 Contl Ofl of Del. .. 82 Corn Prod (13%). 51 Coty Inc (g2) 83 Crosley Radi 85 Crucible Steel (5). 42% Crown Cork & Seal 17 Cuba Cane Sugar.... 5% Cuba Cane Sugar pf. 11 Cuban-Amer Sugar.. 6 2 Cuban Dom Sugar... 677% 49% Cudahy Packing (4). 173% 136% Curtiss Aero (1) 101% 58% Cutler-Ham (3% T4% 135 82 1001 -+ 288 357K 107'a 1 4 4 b1 5 158% 5 9% 69% 42% Davison Chem, 36 51 226 182 Delaware & Hud (9). 160% 120% Del Lack & W (17).. 7% b55% Denv& RG W pf. 847 43ls Devne & Ray A (13 11% 8% Dome Mines (1)... 54 40 Dominion Strs(1.20 126% 105 Drug Corpn «4)... 92 47% Dunhill Inter (34). 287% 20% Duplan Silk (1)..... 202 156% DuPontde N(t4%) 207% 168 Eastman Kod (15).. 18 2004 76% 56 Eaton Axle&S (3).. 12 60% 174 126% Elec Auto Lite (6).. 101 164% Prev | ~Prev. 1930~ Close. | High. Low. 18% 104 84! 434 103 7 3% 5 4 58% 47 90 22% 31% 64 57 56 44y 50 40% 681 13% 90% 62 T 65 884 97U 574 44 80% 3% 10% 81 61 b5% 374 81 63 219 11 2% 70 67% 66% 12245 271 b7 9314 68 101 9% 3 367a 370 53 78, 112 101 38 7 25 6214 7% 20 41 42% 101 100 K3 328 136's 6ol . » 15 347 1315 374 49 03 564 3413 5 38% 30 29 28 75 785 381n 19% i 58 149% 1T by 9t 13813 4713 65% 27 4015 25 14% 105 80 437 118 78 6413 29 71 152 6 8 50% 25 9415 11 40% 12 T . T3 30 a2 440 12% 4 Y 26 127% 10 48 s 341y 45% 81ta 42% 4914 1% Ty 4815 56 20 1% 5 357% 1531% 13 108's 66% 37 4074 624 ‘49 91 148 17% 60 18 244 31's 6914 66% 424 3% 19 56'% 20 36% 30% 85 301 3% 2% 225 36 2 424% 102 6215 120 60% 99 2% 3 12% 50% 62 81% - 624 45% 1128, 504 23 194% 67'% 43 132 42Y% 5% 22 196% 200% 194% 59% 61% 162% 164% Stockand Sales— Divider d Rate. Electric Boat. . EIPwr& Lt (1)...., 2 El Pwr & Lt pf (1. Elec Stor Bat (5) Elk Horn Coal. Emmerson-Brnt A, ., erson-Brnt B. dicott-John (5). .. Eng Pub Serve (11), £ng Pub Sve pf (6)., Eng Pub Sve of(53) Equitable Bldg(234) BEORR <o vorts Erie R R1st pf (4. Erie R R 2d pf (4). Eureka Vac Cl (4), Evans Auto L(12%). F- Fairbanks Morse (3) 2 Fed Lt & Tre (31%). Fed Motor Tr (80c).. Fid Phen F Ins (2).. First Nat Stores 1%, Fisk Rubber.... Flelschmann (1334) . Fleischmann ctfs. Florsheim Shoe pf 6. Follansbee (1215). Foundation Co. Fox Film A (4) Freeport-Te: Gardner Motor. Gen Am Tnk Cal Gen Asphalt. Gen Bronze (2 Gen Cabl: 4. Gen Cable A Gen Cigar (4) Gen Electric (16) Gen Elec spec (60c). Gen'l Food Corpn (3) Gen Gas&El A (e114) Gen Mills (3)....... Gen Motors (13.30).. Gen Motors pf (7). Gen Outd Ad vte (2). Gen Public Serv(b§) Gen Ry Slgnal (5)... Gen Refrac (13%). Gillette Safety R ( Gimbel Brothers Gimbel Bros pf Glidden Co (t1%). Gobel (Adolf). Gold Dust (214). Goodrich B F (4) Gondyear Tire (5). Goodyear 15t pf (7).. Gotham Silk H (2%) Gould Coupler. Graham-Paigi Granby Consol (7). Grand Stores (1) Grand Unton... Grand Union pf (3) Granite City Stl (3 Grt North pf (5). Grt North pfet (5. Grt Nor Ore (a1%) Grt West Sug (2.80 Greene Can Cop ( Gulf Sta Steel (4). —H flahn Dept Stores. Hartman B (120)... Hayes Bdy (b8 %stk) Hershey Chocolate. . Hershey Choc pf (4). Hoo (R) &Co....... Holland Furn (e2%). Hollander & Son. ... Houd Hersh B (1%). Hausehd Fin pf (3).. Houston Oil. .. Howe Sound (t434).. Hudson & Man (234). Hudson Motor (5). Hupp Motor (£2). —— Independ Ol & G (2) 29 Indian Ltefining. .... Indian Refining et. Industrial Rayon Inland Steel (3%3) Inspiration (4).. Interboro Rap Tran. Intl Agricultural. Intl Agri prpf (7)... Intl Business M (5). Intl Cement (4)..... intl Comb Eng (2).. Intl Cmb Eng pf (7). Intl Harvester (214). Intl Harv pf (7). Int Hydro El A (e2). Intl Match pf (3.20). Int Mer Marine ctfs. Intl Nickel Can (80c) Intl Pap & P A(2.40). Intl Pap & Pwr B intl Pap & Pwr Intl Pap & Pwr pf Intl Print Ink (2%). Intl Silver (18)..... Intl Tel & Teleg (2). 125 Inter Dept St (2). Intertype (£t1%) J- Jewel Tea (3)..... Johns-Manville (3) Jordan Motor Car Kan City Sou (5) Kayser J & Co (5). Keith-Albee-Orph. KKeith-Albee-O pf (7 Kelly-Spring Tire... Kelsey Hayes (2) Kelvinator Corp. Kennecott (5).. . 36 Kimberly CIrk(2%). Kinney (G R) (1)... Kolster Radlo. . Kraft Ph Ch (1%). Kresge S S (1.60). ... Kresge Dept Stores.. 4 Kreuger & Tol(1.34). 280 Kroger Gr&Bak(c1). 22 Lago Ol & Trans.... 1 Lambert Co (8) ' Lee Rubber & T Leh Port Cem (2 Lehigh Valley (3%3). Leh Val Coal pf (3).. Lehn & Fink (3)..... Liggett & My B (16). Lima Locomotive. Link Belt (2.40)..... Liq Carbonic (14%). Loft Inc..... Loew's Inc (2). Loose-Wiles (2.60) Lorillard (P) Co. Loutsiana Oil. . LouG & ElA (1 Ludlum Steel (2) Mac A & Forb(12.85) 1 McGraw-Hill (2).... 1 McKeesport T P (4).. McKesson & Rob (2) Mack Trucks (6).... Macy (RH)&Co(ct3) Madison Sq G (1%). Magma Copper (5).. Mallinson & Co. . Man Elec Supply Man Elev mod (d5) Marlin-Rockw (t4) Marmon Motor (4) Mathieson Alk (e2) May Dept Strs (4)... Maytag Co (12)..... Melville Shos (1.40). Mengel Co Mexican Seaboard. .. Miami Copper (4). Michigan St (2%) Mid-Continent P (2). Middle States OIl. ... Middle States Ofl ct. Midland Stl pf t10%. Minn Moline Pwr. Minn & St Louls. Mo Kan & Texal Mo Kan & Tex p! Missourl Pacific. Missour! Pac pf (5). Mohawk Carpet t2% Mont Ward (23) Morreli J (3.60). Mother Lode (40c) Motion Picture. . 5 Munsingwear (13%) 1 Murray Corp '“’fi' . 220 168 24 10 . 19 %Y. Natl Cash Reg (t4). Natl Dairy (31%). Nash Motors (§ . 131 Natl Distiliers pf(7) NatlEnameling (2).. Natl Lead (5)....... Natl Pwr & Lt (1). Natl Radiator. Add 00. High. 2% 17% Indian Motor Cycle.. 102 27 31 70 143% 134 48 9% 40 45% 38 43 92% 3% 43% 43% T4 209% 91 129 9% 108% 387% 84% 6214 6015 49 4THR" 4TH 42% 89% 14% 1064 T6% 42% 92%h 143 106% T % 924 70% 38744 114 72 106% 631y 28% 45 110 33 3 21, 29219 3615 207% 126 78 31 45 4 109% Bl% 152% 6 108 67 103 39 83% 6274 60% 49% 51% 425 94 145 107 6% ] 92% 9284 9915 68 46% 89% 42% 13% 99 8815 6213 45 94% T1% 393% 1 2% 104% % 104 10414 384 45'% 113 82% 3% 24 288 4 205 129% T9'% 31w 4T% 109% 50 152 66'n 66% 6 109 69 ~Prev. 1920~ High. Low. Stock and Dividend Rate. Newport Co A (3).. Newton Steel (3).. N Y Air Brake (3). N Y Central (8) 152 N Y Chi & St L pf(6) NYNH&H M), 579 NYNH&HDpf (T).. Ont & West. . N Y Ratlways pf. . Norfolk South (2%)., 1 Norfolk&Wstn(110). 1 North Am(b10%stk) 165 North Am pf (3). 1 No Ger Lloyd 3. Northern Pac (5 North Pac ct (5). Norwalk Tire & R! Of1 Well Supply Oliver Farm Equip. . Olivr Fr Eq pf A(6) . Olivr Fr Ep cv pt(3). s Omnibus Corp. .. Oppenheim Col (5) Otis Steel. Owens 111 G Pacific Gas & E (2).. 309 Facific Lighting (3). 210 Pacific Oll stubs..... 3 Packard Motor (16). 1 Pan-Am Petroleum Pan-Am Pete B. . Paramount-F-L (3). Park & Tilford (33). Park Utah (80c)..... Paths Exchang: Pathe Exchange A. .. Patino Mines (3.89).. Peerless Motor Car Penick & Ford. 4 Penn Coal & Cok 12 34 People’s Gas Chi (8). Pere Marquette (18). Pet Milk (1%). Phelps Dodge (3) Phila Co (17).. Phila Co 6% pt (3) Phila & Read C&I.. Philip Morris (1) Phillips Pete (1%) Phoenix Hoslery. . Pierce-Arrow A..... Plerce Arrow pf (6). Pierce Ol Plerce Pet. Pillsbury Flour (2).. Pirelli Co A (2.88)... Pittsburgh Coal. Pittsburgh Coal pf Pitts & W Va (6) Poor & Co (12)...... Postal Tel & C pf(1). Prairie Ol & Gas. ... Prairie Pipe L (14) Pressed Steel Car... Pub Sve NJ (2.60)... Pub Sve NJ pf (5)... Pub Sve NJ pt (6). PubSve NJ pf (7 Pullman Corp (4). Punta Alegre Sugar. Pure Oil (1%). Purity Bakerles (3 Radio Corp. Radio pf A (3% Radiopt B (5)...... 4 Radio-Keith-Orph A.1816 Reading (4).. Real Stk Hoslery Reis (R) & CO.....0. Remingtou-Rand. ... Reming-Rnd 1st (7). Reo Motors (11.60) Rep Brass Corp Rep Brass A (4). Rep Iron & Stl (4). Reynolds Spring. ... Reynolds Tb B(2.40) Rhine West (1.92)... Richfield O11 (2). Rlo Grande Ofl (ki Ritter Dental (2%) Rosasia Ins (2 20). . ral Bak Pwdr(1). Roy Bak Pow ctfs(1) Royal Dutch(a1.336) — Safeway Stores (3).. 13 1 St Joseph Lead (13). 121 St L-San Fran (8)... 22 St L-San Fran pf (6) St L Southwestern. Savage Arms (2) Schulte Retail § Scott Paper (31.40) Seaboard Afr Lin Sears Roebck (32%). Seneca Copner. Servel Inc.... Sharon Steel H (2) Shattuck F G (2) Shell Union (1.40). Shubert Theater (5). Simmons Co (3). Simms Pet (1.60) SinclairOil (12%). 4 Skelly O11 (2).... Sloss Sheffield steel . Sloss-Sheffield pf (7) Snider Packing pf. .. So Porto R Sug 12%. Southern Cal Ed (2). 87 Southern Pacific (6). 2 Southern Rwy (8). Southern Ry pf(5). . Spalding A G (1.60). Spang-Chalfant..... Sparks Withgtn (n). Spencer Kelg(1.60).. Splcer Mg.... Spicer Mfg pf (3). 2 Splegel-Mav-St (3).. 48 Stand Com Tob (1).. 2 Stand Gas & El (313) 198 Stand G & Epf (4).. 1206 4 4 64y --Prev. 1920~ High. Low. 87 64 Stand Of Stand Of Stand Pl Sterling Sterling Stewart Stone & Submari Texas P Thatche) Thatches Tide Wi Tide Wa Timken Timken Tobacce Tobacco Tob Fro 4 Truscon Truax T Unlon O Utd Busi Utd Cgr v C Utd Ce Utd Fru! Utd Gas USCst USInd Lea s S S Real s U U u u u u u Univ Le; vadsco Dividend Rate. Stand Ofl Calif (13). Underw-El-Fish(4).. Unifon Bak & Paper. . Unioun Carbide U 8 Distributing. U S Foreign Secur... U 8 FornSec pf (7) E B U S Hoftman (4). 31 32% 33 A oc - and Sales— . Add 00. High. 35 . INJ (12)... 112 1IN Y (1.60) e Glass Sec (A).... See pf 11.20. Warnr(33g) Webster., 4% ) Studebaker (15) ne Boat. ~ 8un Oil (g1) 4 Symington. Telautograph (1)... Tenn Cop & Ch (1).. Texas Corp (3)..... Tex Gulf Sul (4). C & Ol (b8) 4 Texas Pac Land Tr.. r Mfg T pf (3.60).. ter Asso. ... t Ass0 pf(6) Det Ax(80c). Roller (3). Pr (1.40) PrA (1.40). d ctfs(1.40). Transcontinental. Trico Prod (2%). Stl (11.20) raer (1.60) Twin City Rp T (4).. 0). il Calif (2).. Union Paeifie (10)... Utd Atrcraft&Trans. Utd Afrcraft&T pf 3. Utd Biscult (1.60). iness Pub United Carbon. Utd Cigar Stores(1). Store ctf: poration. Utd Corp pf (3).. Utd Electric Coal(3) it (c4)... Jtd Gas & 1mp (1 & Imp pf(5) 1Pctts(2)., 14 T0% Alco (6). 9 9 5 S Leather. Leather ther pr pf(7 Ity (6). Rubber. . S Rubber 1st pf. S Smelt Ref (3%4). U S Steel (7)... 5 U S Steel pf (7) af Tob (3)... Univ Pipe & Rad. Util Pwr & Lt A ( Sales. Vanadium (14). Vick Chemical (4). Wabash Wabash 2% DLA (5). Waldorf Systm (1%) Walwor th (1.20). Ward Baking B Ward Baking pf (7). Warner Warner-Quinlan (2). Warren Warren Webster-. Wess Oi Wess O & Sn pf (4) Westn Dairy (B). Western Maryland.. 1. Western Pacif pf. Western Union (8). Bros Fic «n) Bros (15) Fdry & Pi senlohr. . 1 & Snow(2). Rrm&amonesonn stngh Air Brk(2) 131 Westngh EI&M (4).. 558 Weston El Instru. .. Westvaco Chlor (2). Whit Motor (1).. 18 White Sewing Mach. White Sw Mch pf(4) Wilcox Oil & Gas. Wilcox Rich(A)2 Wilcox Rich(B)c2. Willys-Over (c1.20). Willys-Over of (7). Wilson & Co A Woolwo rth Co . Worthington Pump. Worthington A. . Worthington Wrizht Aero (2). Wrigley Wm (4). Y- % Yellow Truck&C... Young Sp&W (12%). Young Sheet & T (5) Zenith Radio RIGHTS EXPIRE Col Gas! Gen Cigar rights.... 4 Kolster Mont W Stand Gas rts Aug.31 Transco: Utd Corp.. Sales of Si Dividend rates a 5015 | cash payments based 4613 | avation: | sUnit | 4% 10 stock. “§Plus a Paid this yea |in_ stock Pa 1t {Plus 10% In stock. 64's jPlus 8% In stock &El. Aug 15 280 150 Radiorights 53 vard. . Aug 26 148 550 e nt Oil rts.... 378 L Aug 16 307 ! 3 6 tocks on New York Exchange. 642,500 12.00 Noon 00 2:10 P.M. 1 ; oo iest adarierts "or vy bearls”os! of trading fets than k 83 in rned 3 [3 6% 1 . b Plus 3% K'Plus 3% 10 stock. e, | BALTIMORE, August 5 (Special).— Wheat—No. 2. red Winter, spot, 1. | No. 2, red Winter, garlicky; spot, 1.31% ry, 1.313; September d livery, 1.331; No. 3, red Winter, gar- licky, spot, 1.271%. Bag lots of nearby, 1.23; grade, No 2, red Winter, garlicky, 0. 1 No. 4, 1.24'2; . 2 export, August delivery, no quotations; No. domestic yellow, 1.19a1.20; cob corn, 5.75a6.00 per barrel. Oats—No. 2, white, domestic, spot, 60a61; No. 3, w,me domestic, spot, 58a 59. Rye—Nearby, 1.00a1.10. 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 grades. Where in good order, new hay sells at from 13.00 to 15.00 per ton, according to its quality and condition. ~Receipts by truck taking care of most require- ments. 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. Live Stock Market. Cattle—Receipts, 700 head; fair sup- ply; market steady. Steers, choice, 13.50 to 14.00; good, 12.50 to 13.25; me- dium, 11.50 to 12.25; common, 9.50 to 11.00. Heifers, choice, 11.50 to 12.00; good, 10.50 to 11.00; medium, 9.00 to 10.00; common, 7.00 to 8.50. Bulls, choice, stable, 9.50 to 10.00; fair to good, 8.00 to 9.00; common to medium, 7.00 to 7.75. Cows, choice, stable, 9.00 to 9.70; fair to good, 8.00 to 8.75; com- mon to medium, 5.00 to 7.50. Sheep and lamb—Receipts, 2400 head; moderate luprly; market higher. Sheep, 2.00 to 6.50; lambs, 8.00 to 14.00. Hog receipts, 1,750 head: moderate supply; market steady; lights, 12. heavies, 11.75 to 12.35; medium, 12. roughs, 7.75 to 10.25; light pigs, 12.00; pigs, 12.60. Calves—Receipts, 750 head; fair sup- ply; market steady; calves, 6.00 to 16.00. Poultry Prices. Poultry — Alive — Spring chickens, pound, 25a31; Leghorns, 22a25: poor and thin, 18a20; old hens, 25a30; leg- horns, 22a24; old roosters, 18a20; ducks, 20a24; guinea fowls, each, 50a1.00 pigeons, pair, 25. Eggs—Receipts, 602 cases; native and ?ea;yy firsts, 33a34; current receipts, 1832, , Buiter—Good to fancy creamery. pound, 41a45: ladles, 33a35; store ced, ‘20',51-:0,' rolls, 31a32; process Potatoes, 100 pounds, 75a1.35: new potatoes, barrel, 2.0026.00; t po- cargoes on 1.31%; No. 5, | tatoes. bushel, 2.0083.00; beets, 100 pounds, 2.00a3.50; beans, bushel, 1.60a 1.90; cabbage, hamper, 1.00a1.25: car- | rots, 100 pounds, 3.00a4.00; celery, crate, 3.00a4.00; cucumbers, hamper, | 30a60: corn. dozen, 12a20; lettuce, | crate, 50a1.00; lima beans, hamper, | 1.25a1.50; onions, bushel, ~1.00a1.25; | peppers, hamper, 30a50; squash, ham. per, 15a35; tomatoes, hamper, 90a1.75: | apples, bushel, 1.00a2.00; blackberries, | | quart,'15a20; cantaloupes, hamper, 40a | | 65; huckleberries, quart, 20a25; oranges, | box, 2.50a5.00; peaches, hamper, 25a50; watermelons, 10a50. i ot i S BUYS ICE CONCERNS. | NEW YORK, August 5 ()—The City | Ice & Fuel Co. has acquired the Bison Ice & Coal Co. and the Gould Ice Co., | Inc., of Buffalo. . o Books Kreisler’ K;l:by. ‘When Kreisler, the great viplinist, re- cently received the degree of LL. D. from Glasgow University, in Scotland, | his hobby was revealed. It is books. In | | his large lbrary at Berlin, Germany, | he has amassed many quaint and cu- | rious volumes, including many rare ll;.ntln works, which he reads as well as uys. Actor, 77, Walks 230 Miles. Charles Coburn, a veteran music hall | artist, recently completed a walk of 230 | miles from London to Blackpool, Eng- |land. He was taken ill on the way, but |after resting a few days resumed his | journey. Coburn is 77. He planned | walking back, but his wife insisted that he return to London by train. DIVIDENDS. Reg. Pe- Pay- rate riod. _able. 50c Q Sep. ol 8 July 31 P P HESE R uww ! Dismond Mat Commw il Gl ¥ ® R8N [} High Prices Bring Out Stocks Long Held for Advance Special Dispatch to The Star. NEW YORK, August 5.—That the high prices are bringing out stocks that have been held through the various stages of the bull market is the testimony of nearly every bro- kerage house. They see each day certificates that have been in “strong boxes” for years being «delivered against sales. On the advance in American Telephone & Telegraph above 290, one Stock Exchange house had an order to sell about 1,500 shares which their client had owned since 1922 and on which he had a profit of nearly 200 per cent RASKOB BUYS INTEREST IN AERO SUPPLY MFG. CO. NEW YORK, August 5 (#).—John J. Raskob has acquired a substantial in- terest in the Aero Supply Manufactur- ing Co., it was announced today, which, with the holdings of banking interests | asscciated with the management, rep- resents a majority interest. ‘The company is a large manufacturer of aeroplane hardware. It has plants in New York City, and subsidiaries have plants in Dayton, Ohio, and Corry, Pa. It recently acquired Standard Auto- matic Products Corporation and Na- tional Steel Products Co. CHAIN STORE SALES. NEW YORK, August § (#).—In- creases in July sales volume ranging from less than 10 to more than 100 per cent over the corresponding month last year were reported today by several of the leading chain cigar, 5 and 10 cent, grocery and bakery stores and lunchrooms in the country. Included among the systems report- 1929. $7.087.759 11,686.639 Stores - aries. 36,619,541 38,0 SILVER QUOTATIONS. NEW YORK, August 5 (#).—Bar sil- ver, 52%. Mexican dollars, 40, . | prices. UTILITIES FEATURE % TRADING IN STOCKS Soft Spots Occur in Several Sections of List During Today’s Dealings. BY STANLEY W. PRENOSIL. Associated Press Financial Editor. NEW YORK, August 5—Call money advanced from 10 to 12 per cent today and the stock market turned distinctly heavy, although a sprinkling of publie utilities maintained their early gains and closed around the year's high prices. Persistent selling of such re- cent favorites as American Can, U. 8. Steel common and New York Central, which dropped to 3 to 4'2 points, had a depressing effect on speculative senti- ment, and resulted in a virtual aban- donment of pool operations in many specialties. The stringency in call money was ate tributed to the semi-weekly adjustment of the banks' positions at the Federal Reserve and the calling for payment of some of the recent stock offerings later in the week. Time money ruled ilaround 83; per cent and prime com= mercial paper was quoted at 6a6’j. Fears of an increase in the Bank of England discount rate this week were held responsible for much of the day's selling. A rise in the London rate, it was i pointed out. might mean the withdrawal of foreign balances from New York and have a direct bearing on our own credit situation, which continues tight at a period when normal conditions would call for relatively easy rates. Except for another batch of favore able earnings statements, there was little in the day's news to influence the price movement. Chain store come panies, reporting seven months’ sales, made a particularly good comparison with the corresponding period last year, Wide fluctuations took place in some {of the public utility stocks. Laclede | Gas sold off 515 points to 30415, soared to a new high at 325 and then fell back to 310 by early afternoon. General Public Service ran up 10 points to a new high at 95. Pacific Lighting, Brooklyn Union Gas, Pacific Gas & Electric, American & Foreign Power and Southern California Edison ran up 4 to 8 points to new peak Engineers Public Service, Stand- ard Gas & Electric, Utilities Power & Light, General Gas & Electric A and Consolidated Gas also moved into new high ground. Pecoples Gas, North American Co. and Public Service of New Jersey sold off 2 points or more, on , | proat taking, Westinghouse Electric continued its spectacular advance by climbing nearly | 11 points to a new high at 240, and the first preferred jumped 15 points to 230, General Electric dropped 6!4 points, Hershey Chocolate common and pre- ferred. International Silver, American Shipbuilding and American Can also topped their previous high prices of the year, the gains ranging from 1 to 81, points. Bullish at Opening. Bullish price tendencies prevailed at the opening of today’s market. Radio opened 2's points higher and initial gains of about a point each were re- corded by International Telephone and American Locomotive. American Can, Nash Motors, St. Paul common and Studecbaker improved fractionally. At- lantic Refining Gropped a point Despite the many cautionary advices sent out over the week end as a result of the establi-hment of new high records in Federal reserve and New xchange member loans - enthusiasm was un- dimmed. Several blocks of 5000 to 5,000 shares changed hands at the opening, with the early demand center- ! ing in the public utility, copper and motor shares. of a big motor market this h they might be ) confirmed when General Motors, Paclki- 'd. Chrysler and Hudson were eagerly d for, and marked up a point or so in the first few minutes of trading. Auburn Auto jumped 6. points. Ap- parently, the announcement of the price cuts by Packard and Studebaker last week caused no serious concern. Brooklyn Union Gas Up. Brooklyn Union Gas was one of the 1 early leaders in the public utility group, jumping 6 points to a new high record lat 241. Pacific Lighting and Inter- national Telephone also moved into | new high ground. ‘Westinghouse Electric was again in brisk demand. quickly running up 4 | points to another new top at 233i. General Electric fell back 21¢ points. United Aircraft was marked up 3'% points on the announcement of the ac- i quisition of the Stearman Co. Radio- | Keith-Orpheum issues, in which a new ! pool is rcported to have been organized, | were turned over-in large volume at ad- | vancing prices. American Can sold at 1170 for the first time. A number of weak spots cropped out before noon, although selected shares continued to advance rapidly. General Electric lost 5 points, and United States | Steel, American Can, New York Central, | International Harvester, Public Service | of New Jersey and Columbia Grapho- phone were among those down 1 to 113 | points. General Public Service ad- { vanced 10 points to 95. Westinghouse Elcctric 934 to 239, and Pacific Lighting § to 12834, all record prices. Call money renewed at 10 per cent iCHICAGO LIVE STOCK MARKET CHICAGO, August 5 (.—United State Department of Agricuiture—Hozs —Receipts, 42,000 head, including 20.- 000 direct; fairly active, mostly to ship= pers, unevenly 10 to 25c higher than Saturday’s average: early top, 12.00 to 1 12.15; bulk desirable, 170 to 220, 11.90 to 12.10; packing sows, 9.35 to 9.45: \ butchers, medium to choice, 250 to 300 pounds, 10.40 to 11.40; 200 to 250 pounds, 11.00 to 12.10; 160 to 200 pounds, 11.35 to 12.15: 130 to 160 pounds, 10.90 to 11.90; packing sows. 9.00 to 10.00: pigs. medium to choice, 90 to 130 pounds, 10.50 to 11.50. Cattle—Receipts, 8,000 head: calves, receipts, 2,500; general trade 25 to 50 higher; stops up more: 16.85, new high top, paid for weighty steers; smallest Monday run of the year: principal | stimulus meaning that a good share of | the advance is lost; slaughter classes, steers, good and choice, 1.300-1500 pounds, 14.00a16.90; 1.100-1,300 pounds, 15.75a16.90; 950-1,100 pounds, 13.15a 16.75; common and medium, 850 pounds up. ,9.00a13.50; fed yearlings, good and choice, 750-950 pounds, 12.75a 15.75; heifers, good and choice, 850 pounds down, 12.75a14.75; common and medium, 7.50a12.75; cows, good and choice, 8.75a12.00; common and me- dium, 7.00a8.75; low cutter and cutter, 6.75a7.00: bulls, good and choice (beef), 9:50a11.50; cutter to medium, 6.75a 9.65; vealers (milk fed). good and choice, 13.00a15.50: medium, 12.00a 13.00; cull and common, 8.00a12.00; stocker and feeder steers, good and choice, all weights, 11.50a13.00; com- mon and medium, 8.76a11.50. Sheep—Receipts, 10,000 head; steady to 25 higher; bulk native lambs, 13.50a 13.75; top, 13.85; good to choice rangers, 13.75; fat ewes, 5.50a6.50; top, 6.75; feeding lams quotable, steady; lambs, good and choice, 92 pounds down, 13.15 214.00; medium, 11.50a13.25; cull and common, 8.25a11.50; medium to choice, 92-100-pound, ewes, medium to choice 150 pounds down, 4.75a6.75; cull and common, 2.50a5.00: feeder lambs, good and choice, 12.50a13.85, STINSON ORDERS GAIN. NEW YORK, August 5 (#).—E.ward Stinson, president of the Siinson Air- craft Corporation of Wayne, Mich., an- nounced that orders received dnring July.amounted to $345.828, the largest in the company’s history. Total sales for the first seven months were $814,17, a gain of $139,667 over the same period last year. h ‘