Evening Star Newspaper, August 5, 1929, Page 12

12. =R GRAIN FIRMS UNITE AGAINST BIG PoOL Co-operative Body and Pri- vate Concern Are Build- ing Many Elevators. BY JOHN F. SINCLAIR. NEW YORK, August 5. (N. A. N. A. The blg Canadian wheat pool—a co-} operative organization of the Western wheat farmers—seems to be forcing the private grain firms to join hands for their own protection. Recently 30 of the big grain firms on the Winnipeg Grain Exchange have united under one corporate management 1 order to cut the cost of handling grain to the minimum. If the present tendency keeps up, scores of other individual firms will join hands for the seme reason. ‘The Canadian pool, which owns about 1,500 country elevators out of a total of 5.000, is adding or building more of them | at the rate of from 300 to 400 a year. It is the commission firms which merely act as agents in finding buyers for the gramn cars consigned to them who have found the competition of the pool keenest. Private Elevator Building. Naturally, those who control the coun- try elevators control the flow of grain. Private traders, too, are building many elevators this Summer to strengthen their own position. Both the private intcrests end the pool are also concentrating on additional storage facilities at the terminals—Win- nipeg, Fort Wiiliam, Montreal and Vancouver. Naturally, the poor crop prosp?cfl‘l have somewhat dampened the ardor of both groups. But it is the aim of the prol finally to work out a rounded marketing organization. When that is done it will be not only the biggest Canadian factor to be reckoned with, but the greatest world factor as well. Air-Cooled Office Buildings. The hot weather has again brought the attention of the business world to the problem of the air-cooled office building. The best opinion now is that within 5 or 10 years all modern of- fice buildings will have their own ‘weather-making plants. The Milam Building in San Antonio, ‘FINANCIAL. Received by Private Wire Direct to The Star Office NEW YORK CURB MARKET Sales in Chbusene % thousands. Hundreds INDUSTRIALS P HEE 1 oo WA 33 Acoustic Prod....... 6l 53 83 53 Ala Pow 4} 1Acams Mig......... 38 Memphis Natl Gas.. 1914 135 1% 1Ala Pow 55 9 Aero Indust. Mercantile St cut div 53% 53 53 9 Allied Pk 8s '3 COI 7Aero Inaust’ War. Merchants Mg Sec A 20 28 28 2Alum Co. Amer 55 '62 100° Y Aero Sup Ml B n Merritt Chap & 8. 1y 30': 30 2 Alum Ltd 55 '48. o 4 Aero Underw. Met b & sUc St 1 2 3 2 i 11 Ainswortn Mig 4 4 Metal & Textile P 5 1 5 1 2 4 2 5 5 B 3 3 g 2 i3, 96 1 ? Metro Chain St [ R SAr 1oy vec. M (1 i 4 $Am Y S o037 100w, 100 3 Alllea Motor Inausi. 54 Mid" Roval cvt ptd. 13Am Pow & Lt 65 3016 105% 10813 105'3 2'Aled Peck. Midl il Prod 6 11Am .. 98" 98 41 Alued, P& Mid West Ut 5 Am 81 4 Atison Dr A ] © 415 Mid West Util 2Am 9 1Auison Dr 3. A Miller (1) & Son: iap 73 bAwne Port Cem!:ll & 42 Mid W UMl rts 5AG & El d 124, 3 Alum Co Amer <8391 14 Missouri Kans Pipel. 13 Asso Dye & 3 7% 10 Alum_Lta. ., o0 2 Mohaxk Hud 51Asso Gas&El 4%s 48 173 VIAM & cor PLW WaP 131t 1 Moh Hud P L 41 Ass0 Gaskl bias '77126% 4 Amer Beverase 1 4 Moh Hud P 2d ‘b ' 47 'Asso GAE 41a8 "4 ww 13514 1Amer Brit&Co 4 Mohawk Hud war. 1 81 200 Asso Tel U 8733 "4, C 156 4 nmer Br Bov gl ¥.. 2 1 Montecat deb rts. 2% 2 9 As Sim Hard 6's ‘33 86% 1Amer Chamn........ 1 Moody Inv Serv p pi. 49 . 49~ 49 14 Ass0 T U bras 44 ¢ uF 1501 1l amer Cities £ & L A 3% 4 Municlpal Ser 207 2013 20 14 Bates Valve Bag 65 '42 10 5 Amer_Civies LB 6va 20 Murphy G 2 Hates Valve 8 87d.. %> Am Com preny 25 Murray Tt 4 Bell T Can 58 B 31 va 1007 5 Am Comuonw P Bl 3uia 2 Nat ' Aviatiol 4 Boston & Me 65 M 33100 100" 100 115 Am Comw P 0p: w 03 An Cyanamid o n... 1Am Cyanamia A. < Amer” vept SLOIES 28 Amer G e 1 Amer Gas & Ei pid.. “Am_ lavesiors B § Natl Containes 2Nat El Pow A 1Nail ¥am Strs. 1Nat - Investors. 47 Capital Adm Co, 55 "53 120 1Cairo P & L b5 '36. 9814 8 Cent_States El 5s 8 3 Cen Sta PAL 5! 0 1Chi Pnen T) 5'a8 '42 101'a 5Childs s 1Cit” Serv_3s '66 r Anvest . . S Cit Ser Gas 5'as '42 NV owar ris. Trage v B y L' & e rade Jour sid 16l Ber Bow 5ie 3 & Tr pld.. . 1Col R L Br 6'.s 1Comw d 4'.5 D '57 95 5Cons G B 4%s '69 G 100 1Cons Pub 6% '36.. U 1Cons Tex 85 '41 12Contl G & E 55 A 'S 8 Condl OMl Bl “31 289 Amer Superp n. 3 Ancaor_Post Fence 17 Augio Colil Nitra 1Apex LI Mifg . 2( Arcturus Radio T 62 Arc Natl 20 Ark Natl Gas A Ys Armstrong Cork . 1Ass0 Dye & Prini 3{Asso Elec Ind . 22T Ass0 Gas & EL'AL.. 637 52Ass0 G & E dey ris 19% $2Asso Laund Am A.. 19% 1Asso Rayon . 1 Asso Rayon pfd : 3 AU Coast Fisheries.. 48 3AU Fruit & Sus B 1% N Y ‘Tel Co pid. 607 Niag Hud Pow. 186 Niag Hud P A 10Niag Hud P B gara Shares s Bem Pnd. 8 Noma Elec 3 Nor Amer Aviation:. 1North Am Uul Sec 6 North Eastern Pow. . 1Nor Ind P 8 7s pfd 10Nor Sta P A 2 2 Northam War ‘pid 1 Novadel Agne ... 24 Outboard Motors B’ 2Pac K & E 1 pfd. 114 Packard_ Motor n.. 21 Param Cab Mg . 1 Parke Davis Co 3 Paterson Sargent . 1J°C Penney & Co aJ C Penney pid . 1Penn Ohio Ed 1a Penn O Ed 65 pfd. JiPenn O Ed p pfd..! 25Penn Wt P C ... 153 Pennroad Corp vic. 1Peop Drug Store 6 Peop Li & P Cori 1 Perfect _Circle 14 Petrol Corp 1 pd 1 Philippe (Louis) B ' 3Pick Bar & Co pid. 1 Pierce Governor 6 Pilot Radio Tube A 8 Pitnes Bowes P 1Pittsb & Lake F 2 Pitts Scr & Bolt 5 Portl El Pow. 1 Price Bros.. 63 Proct & Gamble 1 1Pyrene Mfg.. 3 Railway Lt Sec. 1 Empire O & R 5128 '42 87% Fairbanks Morse 55 '42 95Vs 7 Fed Water Ser 5ias ‘541022 2 Firest Cot Mil 55 '48. 89, 5Garlock Pack 6s '39. 3 Gutineau Pow 8. 939 3 o Gatineau Pow 65 '41 98%2 G Am In 55 A ww '52 8313 3uGein Coeaters os 43, 102 8 Gen Ind Alco 615 "44 101% 1Gen Rayon 65 '48... 18 1Gen Vend 65 '37..." 41 2 Georsia & Fla 65 A48 51 8ia Pow 5s '#7.. ¥6' o Trunis 6625 /36 106! 20 Grou Grip Snoe 85 '44 100 16 Guif Oil Pen 55 '47.. 98% 3Gulf OIl Pen 55 ‘41 99.3 3Guit Sta Ut 53 A 56 yd's 2 Hood Rub 8Yas '36,.. 17 2 Houston Guli G 625 301 Pow & L 5'as '37. 913 71nd Ol ‘& GAs 6 '3y 105 8Ind P &L S5 A ‘57 96% $Intl Bec Amer 55’47 85 1lniersia Pow 85 '57. 88'a 38Inv_Corp Am 55 A '47 130t 44 In Cor Am 55 A 47 ww 17 #lowa N L&PSs 1Xelvin Corp_6s ‘ 8 Kop Gas & Coke 85 47 9341 31 Lehign Pow 65 A 2026 103 1Libby McN & L_55'43 91'% 1Lone Star Gas 56 42 930s 1Louis Pow & Lt 5857 90 2 McCord Rad 65 '43.. 937 & Memphis Nat G 65 3 EMetEC P4 84 Munson SS L 6 2Auto VM cve pr bt i Aviation Co of Am.. 5 6y Aviation Corp ...... 18 1 Aviation Sec ... ... 40 20 Balwin Leco 'n’ wil. 4 Bellanca Afrc_vic 2 Benson_& Hedges 1Blaw Knox n... 9 Bliss E W 3Blum S . 221 Bras Tr L & B! 1 Rrdgport Mach . 1 Brill Corp pfd. 4 Bklyn City R 2 Budd_Edw 2Buf Niag & E'P 2Buf Niag & E P Al 5Buf N & E P pfd.... 1Bulova Watch ... 1Bulova Watch pfd.. 4 Burma Corp. g 1Cables & W 8 Can Marcont W' 3 Cables & Wire A 67 Cables & Wire B 9 Capital Admin A @10 2 Cables & Wire ptd secSeaey 1 Rainbow Lum P A THE EVENING STAR, WASHINGTON, . D, C. TRADE IS ERRATIC ON CURB EXCHANGE Utilities Account for Most of Activity—Some Sell- ing Noted. BY HARRY H. BECKER. Special Dispatch to The Star. NEW YORK, August 5.—Trading on the Curb Exchange today was in huge volume, with rapid and erratic price changes. The ticker again proved in- adequate to keep up with the business on_the floor. Utilitles as usual accounted for a large part of the activity. While there were many advances and not a few new highs, there was also large realiz- ing, which the market was unable to absorb except at price concessions. Middle West Utilities Sags. On_ the inside of advance were American & Foreign warrants, Asso- clated Gas & Electric, Penn Water & Ppwer and New England Telephone. e reactionary list included Middle West Utilitles, old and new, the latter at a new low since listing and the for- mer down at one time nearly 30 points. Insull Utllity & Investment off over 20 points and declining in sympathy with Middle West Utilities, and Com- monwealth Edison. The loss in the last-named at 385 was 15 points. Sentiment toward the electric lizht and power stocks was as optimistic as ever, but traders thought it was a good time to take'profits. The advences had been spectacular and the money situa- tion inspired caution. Elsewhere in the list the new Procter & Gamble was active a couple of points higher and so was Standard Brands, up fractionally. Speculation was stimulat- ed by the announcement of the entry of the Morgan interests into Procter & Gamble and a suggestion that the com- pany would be absorbed by Standard Brands. Duplicates Best Price. Capital Administration A duplicated its best previous price. It was up 8 only to the large earnings reported for the June quarter. but to the proposal to issue new stock on the basis of one new share for each two shares held. The stock is up 100 per cent since the MONDAY. AUGUST 5, '1929. urchase bonds, which have warrants to the it two stock, have risen in the months over 20 points. Further sensational advances were recorded by Aluminum Co. of America and Aluminum, Ltd. The latter was up almost 40 points at 280 and both issues made new highs. Marconi Inter- national was turned over in large blocks at slowly rising prices. Favorites among ~ the investment trusts were Guardian Investors and Tri-Continental Corporation. Dayton | Alfrcraft gained ground again and | Transcontinental Air Transport rallied | from its recent low. | WHEAT TAKES TUMBLE. Big Arrivals at Omaha and Chicago Send Prices Down. CHICAGO, August 5 (#).—Big ar rivals of wheat at Omaha and Chicag: tumbled prices headlong downward early today. with belated rains in Can- ada adding impetus. Receipts of wheat at Omaha today totaled 1,100 cars and in Chicago 876 cars. Opening 1% to 2 cents lower, wheat values afterward showed a decided further drop. Corn and oats were also weak, with corn starting at 5% to 1'; cents off, and subsequextly continuing to fall. Pro- vislons held steady. COTTON SELLS OFF. : Realizing or Liquidation Have Ef-| fect on Prices. NEW YORK, August 5 (#).—The cot- ton market opened steady today at an | advance of 3 to 5 points.on buying pro- | moted by reports of continued hot { weather in the Southwest, but the de- | mand was limited and prices soon | weakened under realizing or liquidation October contracts sold off from 19.04 to 18.32 and March from 19.45 to 19.32 by the end of the first half hour, mak- | ing net declines of about 6 to 10 points. | A private report was published plac- ing the condition of the crop at 70.0 | per_cent and the indicated yield at 15,378,000 bales, which whs very closely in line with the average of the private reports published last week. Owing to the holiday there were no cables from Liverpool where the market will reopen for business to- morrow. | points last week, the rise being due not | PLANS FOOD STANDS. | | NEW YORK, August 5 (#).—The | Beacon Oil Co., subsidiary of Standard | | Oil of New Jersey, and Hygrade Food | Products Corporation are planning to | establish food and refreshment stands at Beacon service stations. Six such | stands will be put in operation im- ! FINANCIAL: SUNBURAN NOXZEMA BEST, SAYS REVERE BEACH CAPT, Ends soreness instantly ... and doesn’t stain clothing *)F all the sunburn remedies we have ever tried—and we've tried plenty—Noxzema is way ahead of all the others for relieving sun- burn’ quickly,” declares Joseph A. Rossetti, head life-guard at Revere Beach, Boston. “It seems to take away the fire and soreness at once and heals up severe burns quickly.” Noxzema has been selected at all the biggest bathing beaches—Atlantic City, Coney Island, Asbury Park, Long Beach, etc. Are you sunburned? Don’t suffer needlessly. Get a jar of Noxzema. Cooling, soothing— ends pain instantly. Greaseless, too—won't stain clothing or bed sheets. At all drug and department stores. Get a jar today. NOXZEMA Teel it héal” Doesn’t stain clothes 53 Rainbow Lum P B 1 Raybestos . : 3 Ravbestos COD. . 38 Reliance Managerient 2 R#p Mot Trk ctfs. ... Tex.. has one now. The temperature | i3 always under 80 degrees in the Sum mer and above 70 in the Winter. The 3 Narrag 5s '57.. first_of the vear and the 5 per cent mediately to test the scheme. 15 Nat PaL s A 2025... 1 New Eng G 1 Capital Admin A pfd 12 Camden Fire Ins..... 3 1 Carnation_ Milk 2 Caterpil Tract B piant regulates the humidity of the| 2 Catersil Trac 23 Bew Mot Tk cifs, ... " vay. “ a o1 v 1 25NYP&L4 7 . . Bt SR TR T de e B LA This advertisement appears as a matier of record only. Washes and purifics the air that circu- gent Ein Cor, ... 1 Rooi*Wite Gvtir wid: £ Orkood Co 65"38. .o; 100 lates within cach office every 7 minutes. 34 Gent States El n i 21%",‘1’}':{5"’5 (’,,’::; ?"va;_:bo‘-,; ;“n w: 40 000 Sharcs The spray chamber is the heart of & B2 %1 heony pid 420 1 Russen's Fitih Ave TPac_ Wn Oil 6155 ‘43 9518 ’ | 2Parmelee Trans 6544 9913 B Penn O E 65 A '50 #w 100 2Penn O E 5'u5 59 B 91 23 Peoples Lt & P 35 '19 951% 4 1 the weather plant. In this building | % two refrigeration units cool the water 1 3 5 09 1; Safew Strs 2 var.... 3 1St Regis Paper... .1 1Schulte Un Sc-fi Str. 1 Schulte Un pfd. ¢ Sta E! cony ptd n210 hain Store Stock... 38 haris Corp . .. heck Cah Mfs 00, to a desirable temperature through Breese Aitcraft Corporation 1 Sou Cal Ed 85 '31... 993, 23 Sou Cal Ed_5: 3200100 compression and evaporation. Water is| 3 Ses S 20 #Sec Gen Am Inv. .. 3 Poor & Co s '39 ur130 = 130 forced into the spray chamber au the| *%9€iuet St i 180 NaT 14 Cors in ssboor & Co & o im Tate of 1,200 gallons a_minute. The| 1Gities Serv p See ot = . = spray water itself is purified by recircu- Olies Sec Biptd e op S B ks & Tt (Incorporated under the Laws of Delaware) lation and recooling and is used over 1Cit S P & !L e_; v;td 922 :gg}:::p?nénfi:zflac ‘Efi"’}‘"‘é %Hasli‘ ,2‘ 4129-‘ and over again. 4City Mach & Tool.. 10 Select Ind Inc s pd. 8SCL Gas &°C 65 47, 82 et e e $Sirione’t el s 200 Commion Stock Pampers on the various distributing | 3 Gleve Tract 2 gheatter Pen TSR 6 0l 103 (No Par Value) 3 units make it possible to regulate the 1Cleve Tract 227 Shenandoan | Corp. , 5 . ~volume of air o compensatefor the | 19Gcle Ealmal B.....o 10 Lol Sierra Pac BT g0 3 South ‘cal G s 2 Registrars: Transfer Agents: position of the sun during the day. eI i - o0 13 Slforske “Aviation.. BEWE &L & R a0m: I0dn, Eumpre Trust CoMPANY, Unxiep States CorporaTioN COMPANY, Value of Human Life. Smmcny Bl 2 Simmons B cvi pid. 3 BiaeT 218 New York. New York. Dr. Dublin of the Metropolitan Lifc | st Gommony, & Bou. .. Sxiimer” Srsan” RS - T el 1Southeast ~ P&L. 15 Swift_& Co_5s BROTHERHOOD NATIONAL BANK, has been trying to put a monetary 3Sou C E B pld BROTHERHOOD NATIONAL BANK, V| 2% Gons Gasreraseo o 3SouCE'B prd.. | value on human life. Naturally, life | qa%Sons Alreraft ... G Thermold 63 34, 1 on Portland, Oregon. insurance compsnlcsrmust stress the| " 1cons Aufn Mer ptd.. 53 Soutn Corp, oo L| BURUAm In st'a e e Portland, Oreg g economy of human life, the non-econ- ’y it: 5 Southern Stores 4. " 7Un: Lt & R 5'25 '52 88 omy of preventable sickness and the | - 33 onsol G Beit # Southw Daity Prod H iU Lt & R 65 A '52. 99t 99 CAPITALIZATION heavy loss of premature death. It is 30 Consol Instru IEPAN R GeR ot . L T be precently all down in statistical tables for them. e s gl Soumre Co B . S| RO bk E B a0 1001 Aithivises Outstanding According to the survey of Dr. & Cont'l Diamond Fibre 18tend Thyo o 2] JIyan Camp B 08 e ipeal 158 Common Stock (No Par Value).......oovvveneancsnssses. ¥100,000 sh: 82,877 shs. Dublin, it costs a little more than $10.- | 2023 Cons Gas N ¥ ste... 2 3Stand Mot i B yeatern B Aets0. o oae p & =5 000 to rear a child to“"lllgs:!fiw‘gmseflg; ’z§2£‘§ B:szemn-'r vt A 487 51 Stand Sreel Pro o1 WS RiRipmn 85 4é 99 17,123 shares under option until August 1, 1831 to Mr. Vance Breese, Dresident, at 15,5 per share. s , in a family W 60 Corroon & R ... 275 HGE = . 5 R 7 Gorroon & R pfd AL 10 JEireL Lo o Iheusnes. LopeiGn BoNDS: { Mr. Vance Breese, President of the Corporation, has summarized his letter to us as follows: “At the self-supporting age, the pres- | . 3 & Copt” : s 02 ez ) y g : - ent worth of the net future earnings G an Nach s 1 Bhenos Ale? Ja%e’ Yaa HISTORY AND BUSINESS: The Breese Ajrcraft Corporation of Delaware has been organized to acquire, own f the male are calculated at $29.000. At | 12 13 Sirauss Rotn | AR &8 e B'hi 5 ( : 1 e age of 2. 1t 15 £32,000. At birth 38 1 St Ined 36 & Priv BE 8728 37 and operate the business of the Brecse Aircraft Corporation of Oregon. The the child is supposed to be worth $9, 1€ wright A 25vra W Mden: N Cone Be 61, 3 Company will continue the manufacture of five-passenger cabin monoplanes heretofore produced by the Breese Aircraft 333, and at 5, sid1se. 1 Danisl Reever. . 2} Thémmaia "o (b Elec Pow ger 8128 183 00 30, B Corporation of Oregon. Breese monoplanes are already very widely and favorably known throughout the world on maF!r:: l:OsTtP n:\:;‘frarlx, StIOnESTAItHAL | 1 Dasien. Ancraty 3 hermont u®y, Tebmon WA s . DL i account of the success that was had by the “Aloha,” a planc of Breese manufacture which, piloted by Martin jensen, of males. On this basis, the aggregate [ 4Djers & Cc.... DA s B Free Gt Prus 6z 81 9% Bl was a winner in the Dole trans-Pacific air race to Honolulu. present. Worth of the future net earn- IR HRnd AR ing capacity of the American people 3 Betralt Air” 07 is put at 1.500 billions of dollars. And | 2 DKlerTorA v the estimated value of all the material e L T ts of the United States today 1s 3 Rgafll‘:: é“x.r;{' only 321 billion. i i Human life, then, is shown statis- 33Ital Superpow s 21ral Superpow 6s 63 adug Sta M B 75 1 Monteviden 65 A A 1Mor Bk Chile 6s ° 2 Nippon_Elec 6'as S Ruhr Gas 6'35 A 2 Rumania Inst 2 1 4 23 Transcon Air Trsp. 2Trans Lux DLF S A 1 Travel Air Co 143 Tri Cont Corp. S 2 Tri Cont_Corp’ pfd & Ulen & Co... 2 Union Amer Tnvest... 3 Union N G Can.. 43 Uni Corp wars The corporation will purchase all of the assets of the Breesc Aircraft Corporation of Oregon including its buildings, air- plane manufacturing equipment, contracts, good-will, right to use airport, and uncompleted planes. At the invitation of prominent Portland interests, the plant of the corporation will be located adjacent to the Municipal Airport on Swan Island in the City of Portland. 2 Duke Pow . 23 Durant M tically to be worth nearly five times 4Durh Dup p'pfd... 2 Uni Chem pt pid- 18antiago 1 ) the material assets. R T e 1 5! B Pond T 2 i Tuara By | PURPOSE OF ISSUE: Funds procured from the sale of this offering are to be used for the purpose of purchas- G s s O R Eatman Roduk riz. 200 Ui Gs Go 20 B e s A ww ing materials, completing unfinished ships now in the process of manufacture for delivery e apsiauey & s A Eeromiee A e I A o DB ke e A to purchasers and to begin quantity production. per capita against preventable diseases 442 F1 Bond & 8h 233Uni Lt & P A 13 Fl Rond & Sh pfd.. vould reduce the annual death rate two When issued. : o " i i, 1 ;:1:‘“5 per thousand and increase the | o34 1 Rond & Shrts T Uni £ &P A vt i | W= With warrants. OUTPUT AND MARKET: During 1929 it is estimated that approximately 12,000 airplanes will be required to epeciationtot sty 8 e | R s 1 9a Risegore X = — . meet existing demands. Of these it is thought that about 3,000 will be planes of YGhild sickness today costs $180.000.- | 53 2% Assor B 308 BUYING POWER DOWN. . the “Aloha" type. Of such ships Breese Aircraft Corporation will be able to build 50 ships the first year which, upon 000 nnnuall.‘;‘, Wl’;%et.l"‘e"!";::"' (et | o A 2 3us 1Al sale, should produce gross revenucs aggregating over $600,000. The Company proposes to follow a conservative pro- totals more han 10 times that. : LI i ——— E 5 =2 yen s A : oiely "“’Yhaa"'““‘l’i“““ o yoar is being | ) £l Sparen ptd war d 1397 HUg ¢ 1114 | Index of Agricultural Prices Drops ;int:q‘:’u]‘;rr.gso::g:iszgz:ng that it is good judgment to establish its business upon a sound and substantial basis before getting spent on ¢! welfare, 9 Empire Steel . 1U S Red. .. 52 | One Per Cent. i - GSIARIpIP e | :% Ei’gfi’é‘fifififl. vggf;?v%x’é?é * | Special Dispatch to The Star. PROSPEtTS FOR BUSINESS: Popularity of the planes manufactured by the Breese Aircraft Corporation is ed into the billion-dol- [ 13 E¥qns : ! [ s e Star. . s ) » e atan, Ehia) NEVHAVEN Conn Aupmt boahe best evidenced by the fact that over 700 inquiries have been thus far received East Util Inv Fabrics Finish . B8 Util & Ind 30 Ul & Ind More than that—it is al- Jar class. s. most a two-billion-dollar busine: index of agricultural prices declined | by the Company for ships such as the “Aloha." These inquirics came voluntarily without solicitation and without any 1 weee 4 El Pow Assoc A b ESUMI P & L otf Bl #5 " Jast week 1 per cent, receding from the re 4200 golf courses in the 2 Fawrchild Aviatn Al 229 TAUHI P &L wi.....l. anis | SEE country, of which apout 1680 are 9- [ Eandango Sor"aL 3 3in € Bl Bla. O e e o i toro: | expenditure for advertising. hole cotirses and the balance 18 holes. 13 Fansteel Prod o 3 Vick Fin iatz |ing the preceding week = Non-agricul- o ) The 9:hole courses are estimated 10 | 4¢3 Pederal Water 4.1 14214 Ll 8o o B8 of t A PROVEN PRODUCT: So remarkable was ‘the performance of the “Aloha™ in its trans-Pacific flight to Hono- have cost an average of $25.000 each to 4 Pt Tots s oak 1Walgreen war 631, | clined by three-tenths of 1 per cen! 4 S 1 hich the Cot - fact build. This would be $42000000. Bui | 3 Einancis, Rgh N Y- 2a Iy 335 Ite RUCHRRIEROReE CT areT ol - lulu that the Aloha-type plane which the Company proposes to manufacture is no this leaves 2,520 courses of the 18-hole | i mirestone’ Tire .11 242 ) 2 west Aute Bup 4.7 200 18" 7 e L R L B longer in the experimental stages. It is a proven product, with an air-worthiness and stability that at once rgconémlfnd h‘t arictyifo e flgited. e Syai ofd A 1 falar Poon Prod 13 g | d and experienced pilots. These facts are further borne out by the hard and exacting service rendered by the y f these is estimated at 13 Fleischm Roval bl 2 Widlar !ood Prod... 262 average seven-tenths of 1 per cent. to seasoned and exp ced pi . c tur y ¢ 4 e it woultl Caake mGtAlTCoRt iOf | |« 3 poroer (aiaiAm: . iwinters 3.2 %% i L I S ;e';d Breese monoplanes now in operation. The “Aloha™ itself after the heroic and historic flight over 2,100 miles of water baldied v n G 4 in non- v - kgt . :Zfl:'s‘:m'o;‘c?éuhff :?1'1 'fmxr-km\:l; n'; ’}i;,goig,mfi":‘c’filjm e 5 Zonite 7 ane e given 5 the following table to Honolulu is still doing service in the United States. £ i | with the index of farm purchasing " $546,000,000. 1Forhan Co A 2 Sales in s vith the x of Durchasi - i O e i i e . It is estimated that about 1,000,000 | dmoundstion’ o A.. 11, Hundreds St el | power which eir« quotient. ~For TYPE OF AIRPLANES: The Breese Aircraft rporation of Delaware will continue in the production of mono- men and about 300,000 women are piay- | ¥ Bhin V5" G pid 0% 19 e B 1ei g2 [ EncivSneTayeraye Har 1920 rerNederis planes of the five-passenger cabin Aloha-type, powered with 300 H.p. Wright Whirl- ingtthfingar&e"l‘n }\}x‘retl}i?":sdtli::::: mat| ESORRET. O nn 3 Emnge MOEdn g Parm Agricul- Non-Agri- wind motors. These planes have a cruising radius of approximately 800 air-miles and a speed of 130 miles per hour. $150000000 15 paid in for greens fees| 3G B 7 1] Coemeos con Geid. . H BiSoner. ‘prices. prives. Planes of this type and so motored are approved by the Aeronautical Branch of the Department of Commerce at Wash- this year, while club dues add about the | 7Gen Rak pid......: 8% AT D W 121 - 1057 843 ington. The corporation has a favorable contract with the Wright Aeronautical Corporation for the delivery of suf- Shoes aar:gux;;.fl Ie’f c‘x’m:a Sessons are 35 Gen Bice Co Ger 3034 :"’:;"':zn"é‘}‘ Coppet urn s haen e S ficient motors to meet all anticipated requirements for 1929. Ships of this type are necessary for air mail, express, aerial added. the total of these items would | 33 Gen Elg Co Ser, war2ip,, 5 Eolden Cenicr . i 193 159 mapping, commercial needs and other requirements. Only a very few other manufacturers in the United States produce grfih“]y e TR OMIm R I WITHED R e X Secia i Yeur axo’ Gkl airplanes of this class and character. ollars. o en Rea 4 3 HeIn el Goia June' average 1054 : I Just how many men and women 14 Gen Re & Ut Cor pfd 112 31 Hud Bay Min & May average 1049 988 5 ¢ g ’ S P 1 travel from one Winter resort to another | 103 G arah 02 Vi 552 055 AR Sovper. 193 1089 109 PERSONNEL: Vance Breese, an outstanding and favorably known figure in aeronautical activities, will continue a8 lg,"‘;‘{,e‘{,?e‘s‘;}: ‘3‘;’,‘&“ ,f-.‘:’ll-.ey ',‘;,.fifig;,}?“‘ 3 Gl Ml Coal 14 Metal & adin! 1926 IR president and chief test pilot for the Corporation, Bert V. Chappel, Treasurer, Bradley A. Ewers, (Copyright, 1929.) 3 8oid sear. Elec n- 10 Newmont “Mi e 3 Secretary. The Aeronautical Engineering Corporation of San Francisco has been retained as consulting engineers. : at 48 23 Goldman sachs nc Rorsnge=. 2 EXPECT WOOL DIVIDEND. d of d £ ¢he O c ists of Portland busi d bank t Fampho Co Ltd : ' jorit i regon an ts of Portland business men and bankers represent LIVE POULTRY STEADY. 1 Grampho Co Ltd rcts 36 O i BOSTON, August 5 (Special). —Lead- | ‘The majority of the board of directors of the Oreg % pany consist P! 1 Gramopho Co Ltd Sr 33% 4 Graymur . 57 ing interests identified with Portland, who have agreed to continue. to serve as such in the Delaware Corporation: 9 Grand Rapids Var. 8Roan_Antelope Cop. 1 Shettuck Dent ers look for a marked increase in the | (). —] ltry, g demand for wools, according to Teports | CHICAGO, August 5 i teady: receipts, 5 cars; fowls, 4 i 2Teck . Hughes e o mringe. 20 brollers, 26: roosters, | 1rc AP TCH oS 3uni verde B on todays market. The situation in VANCE BERrSE B. E. PALMER, : 21 turkeys, 20a30; ducks, 18a20; geese, | 1 Creent Tap & Die 3 Walker “ines O e et o | President, Breese Aircraft Corp. Gen'l Mgr., Nortkern Pacific Terminal Co., Portland, Ores H 2 | 5 s Wendon _Cop. .. ry_coml clean wi - Eh R Ll 4 o Se ot 10 Yukon " Gold. to 95 French combing. 91 o 83: half James H. Lynch, C. W. Tracy, . STEEL SCHEDULES A touan g supid Stles | INDEPENDENT OFL STOCKS. | blood, 92 to 95 three-elghths blood, 00, | President, Morigage, Bond & Acceptance Corp., Portland, Ore. Madden, Tracy Company, 43 Exchange Place, N. Y. 3 in handreds. and quarter J . e o r i ORI UALat B produciion || MBANSTampe 1Am Con onfs. 5% fieeces were quoted at 38 to 39, Grease CapraN A. 1. Eacte, s MR o e e ea. of iron and steel plants in Anor o | L basis half blood, 44; three-eighths blood, Air Corps, United States Army. ice-Pres., Brotherhood National Bank, Portland, Ore. 'Srcw Mahoning Valley sect};)nhto( dum Icarib Syod. ot e 45, and quarter blood, 43. Hewry Haver, BnAnuy A. i{wz-bu o e i L h district show a slight reduc- i 812 8% By Ry T Y i § ttorney; Member, Oregon Bar Association. fi{,‘,fis bg‘fi week, Forty-four of the 51 2 Hercules Mot B &on Sen 1 ;E 1 OIL DELIVERIES GAIN. President, Hayek & Co., Portland, Ore. A 3 o )H el independent open-hearth furnaces are| 10Hiram Walk G B DDy e B ook i 10490 1045 106 0 T. P. Risteicen, s Lype G. HuNTLEY, v g Teliing. compared with 45 Iast week, | ~3Horn & Hard .., aGult Ol Pa it 1817 fa* | NEW YORK, August 5 ().—Deliv- Vice-Pres., American National Bank, Portland, Ore, Collector of Internal Revenues, U. S. Government, Portland, Ore, Phile 110 of the 120 sheet mills are| s Hygrade Food Prod & ot Guir "Gas: '19.* '1av, ‘1 1 erics of crude oil by the Tilinois Pipe rpet S e 2 ke o ated with 116 a week ago,| 3 Indust Pinance cif § Intercont Pet 1% 13 13 | Line Co. in July totaled 1,234,342 bar- Vice-Pres., Pacific Bank Corporation, Portland, Ore. 5 S. K. Paroer, ‘working, comp: 92 Insuil ptil Tnc 2 Leonazd Oll & a&it (8% |rels, a dally average of 39,817, compared President, First National Bank, Silverton, Ore. Assistant Manager, Peoples West Coast Hydro-Electric Co. FOUR THEATERS B Sy Hiount gt R bt e i . hieu 5 1 . i szruzcsmx ftenmerlie 1:1 x}'é?} ES:Z:E‘.'.B i l;z Y:fig 3,;':7,0- :;EE :i" 45 PRICES ON PARIS BOURSE. Legal matters will be passed upon by Mr. Bradle ¢2ie£w)e\'7z‘lllP’;;?;“?Sroe)::gg:;‘ {::x the Company, and Messrs. Simpson, Thacher & r as bought two "Tex Of 8% 18 4 > i Thtiier i Godar. Rapids and two in |t ihieh UL SEE SR ollit B BT AR SV Bt toduy: ris ¢ Cina i Waterloo, Towa, from A. J. Disbold. The 19 Bauie ctis Wi 8ive 2 pantepec Ofl | 8° 3% 6 r cent rentes, 75 francs; 5 per cent The Company has agreed to make applicetion to list this stock on the New York Curb Exchange. consideration was $500,000. H:v"-m:‘n! R iy 85 1 fifflg.."&f t')ll 'flv. l;;’ {g% n, 102 francs. Exchange on London, 414 1 . . LE e i | 3 Temenoh Sl E i g i Price: $15.50 per share NEW YORK, Augus! pecial 5 R Gmate sbter, Spoiad Ehired shacs i stavoup o, sages ap, romamn | B pns : was unchan, al lays noon - : . . B. i " s rt % : Nominal gold Selling ch S ot e T v e 10| { e A s fengon pona Y TR o adden, Tracy Compan ottgage, Bon cceptance Co cents a year ago. 2Len coal & Nay:llligen 100 Cont. Ol s Earts, franc £ \ y P y M g g & P rp. 4 ‘3‘&:’:”‘5‘&:@" 8314 16815 1987 ‘3‘3.3?".:"":‘:.,‘,’: p't" Bome: e i ? 2 COTTON GOODS QUIET; 3 $ER R SRR gl e Bt b e et iR 43 Exchange Place New York, N. Y. Portland, Ore. NEW YORX, August 5 (Special).— | 1Loews 'deb °r 200 Ohio ‘Ofl <~ : | ehanged at 7z conts for 64805 and a %:':,n'fir‘_gwm 108 S Nembicky 5111 3 0 . l The information contained herein, while not guaranteed, has been obtained from sources which we believe to be reliable. ‘ ’ ts for 68x72s. Raw silk was i SR | L T ) —— | e Marconi"Tat Mar. 500 Vacwum ot "1::0: 00 Hdve 1iase Tove EEEESS == ? & Y 7]