Evening Star Newspaper, August 6, 1929, Page 12

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

12 w¥R . ® % RESOURCES INCREASE CHICAGO LIVE STOCK MARKE)] ARKE Received by Private Wire Wall Street Briefs IN BALTIMORE BANKS | _ CHICAGO, August 6 (% (Unites Direct to The Star Office | States Department of Agriculture) — s NEW YORK, August 6 (P).—The | Special Dispatch to The Star. Hogs, receipts, 19,000, ineluding 2,00¢ 5 General Baking Co. plans to start con-| BALTIMORE, August 6.—A heaithy direct; market slow, shij and smai 8 Ala Po; struction soon on two new plants—one th in bank resous d deposi! Ipers, 3 Salestn INDUSTRIALS, $Allea at Detroit, which will have a capacity | oo S ebione S S| killers buying a few light and medium 35 Reoistie Prod..... 18 Allied 8 of nearly 10,000 loaves an hour and to| il Baltimore took place in the first|steady to 10 cents lower; top, 12.50, B Aot dnee 8 Al Oe Ants H cost about 81,000,000, and another at | SI¥ months of the year. =Resources |y, ‘socionie ‘160 to 220-pound weight g A e, of Am Asere Cor 65 '43 88 Allentown, Pa!, costinig about $400,000. | of the combined commercial banks of | 7' 9% 1075 oa s Gieh i 11Am Gas & £ s 303 ‘03 : f A T myIertis Y tdent of | the Clty reached $501226,975 June 28,| g 1y o O d‘;“ t: ':;" .isn. Early Break Is Followed by| 1 Answsi Nt B JSAm Comw’ s 44 aat 120 Strawberries Feature Offer-! A ‘Arierican Gigar Go. 0 been elect- | A¢COFdIng to the Baltimore "clearing 3127 Wiehers, medium to Seid AT et : 5 i 40a11. B 5 Alex Industries Natl Container. ’ 1 . el ed a director of the United Cigar Stores | housr. With assets of the savings % ! Rapid and Large Swings 14 At g T oty Wi H ings—Blackberries in Geod | co."of America. banks added, benk resources of Balti-| Pi00% 1100312102 160-200 i 3 3 s Net sales for the first six months of | More Now amount to $709.081.187. Re-| 1210; packing sows, 9:0086.50, ~ Pigs Tod 1 Quantities on Sale. the year of the Maytag Co., manufac- | S0urces of the commercial banks in-| medium to choice, 90-130 pounds, 10.5¢ ay. P turers of washing machines, amounted | creased $7,535.280 since the last Fed-| a1y 50, 7 to $13,106,283, compnredhwll}l :Dus,m,- f‘f;}_“fl;d -$tate calls March 27 and gnm‘eTH;%enipL;l. sésoo head. Calve: TR 202 in the first six months of 1928, 3 | —Receipts, 2,000 head; generally steady Epecial Dispatch to The Star. 1Alum nc k! " Display of four cates of strawberries bancRosits, of the 12 mutual savings | 1o strong; better grade range fed steers NEW YORK, August 6.—Breaking | s} Amer For Pow War 1 3 on the B street commission house line| stockholders of the General Bronse | banks in Baltimore on June 30 reached | in “broad’ demand. slightly lecs. oy sharply in the early trading, but re- | 64 Am B 100% 96'% 10 this morning claimed the attention of | Corporation have approved an increase | the highest total ever altained. $190.- | than Monday: 17.00° paid for 'light coveries partially later on, price move- e Devirige ol T 1 98 cap Admin Co buyers, giving the market place a Spring | In the authorized common stock from | 213519, compared with $189.402.208 at| stcers by Eastern shippers; slaughte: ments in today's trading on the Curb| 1, Amer Cigar ....... 33 133 3Cent States El 8 a) nce. The berri the | 300000 to 500,000 no-par shares by | e en¢ of May, and $182,944849 June | classes, “steers, good and choice, 1,300- Exchange presented a bewildering pic- 3 Amer Cities P & L A 822 8 13 Cent. Sta P&L 514 ppearance. The berries were from the| o} onoing “the suthorized 30,000 shares o e Aang fihe, deposits | 1,500 pounds, 14.00 to 17.00; 1.100-1,300 ture of rapid and large swings. SiAme: Cles B & 1, B 88 = 843 3 &) Basu Tool 1 te Salisbury neighborhood of the Eastern|of pyeferred, none of which are out- 955 he savings banks to the $402.754.- | pounds, 14.00 to 17.00; 950-1,100 pounds Attention was concentrated on the | e Am' Comm P ‘A b 2IF SR B Shore of Maryland. They were inclined | standing, int6 200,000 shares of common. | eposits of State and national banks | {350 to 16.90; common and medium, 85¢ action of the Insull issues, in view of | 2iAm Commonw B B 40 ki 12 Cit Serv Gas 81is 43 | to be gritty, however, result of the re- il | and trust companies brought the total| jGunds up, 9.00 to 13.50: fed yearlings the collapse in the market for those| 49 Am Comw P optl 10 5 Cit Serv Gas P 65 cent storm, and did not find ready sale.| Raw silk jmporis during July totaled | bank deposits of the city to $593.027,~ | Pood ‘and. ehofce, 7508950 pounds, 13.00 stocks in Chicago on Monday and the | * Am,,Cyansmi TGl e B o Pint boxes brought 20 and 25 cents. | 47.570 bales, as against 54031 in Junc | 954, which is highest yet reached on | {3 1630: nelfere. goo anh coome. v weakness they had shown here. | 1 Coln Loney B 6ln '3 91 Large quantities of blackberries, prod- | and 38,670 in July, 1928, | any corresponding date. pounds down, 13.00 to 14.75; common Insull Utility Under Pressure. Cone il 90 B e 103 uct of New Jersey growers, were received e ) e | and medium,'7.50 to 12.75: cows, good - 1North Amer Cem.... 1 Cons Tex 88 "41. 80 80 ' | this morning, one dealer receiving 100{ The future success of the Bethlehem BANK BORROWINGS LARGE, |and choice, 9.00 to 12.25; common and TR TR asente wasATAsE 2 North Am Utiiiiy 8é¢ #Gontl G&E 55 A 26 |crates. They were of splendid quality | Steel Corporation was never better as- medium, 7.00 to 9.00; low cutter ang PR D SOt iReTatary Ttihea 1 Cudshy 83 6.5 o4, | and found ready sale at $450 a crate. | sured than it is today. Eugene G. Grace, | NEW YORK, August 6 (F.—One of | Cutier, 6.00 to 7.0 bulls, ‘weeg ang |° mfi ’fi’“é"f, at 123, down more than TDet Tnt 6ian 82,011 Huckleberries, mostly from North Caro- | president, said in a statement | the reasons for the maintenance of | cnoice (beef), 9.50 to 11.50; cutter tc closed ¢ Ll a;h say. It opened lower 1Dix Gult G8"; lina and Maryland, some not in good | issued to employes. “I do not hesitate | high call money rates several days after | medium. 6.75 to 9.65; vealers (milk fed), b e s ok BEa ol condition, were offered at a wide range | to say that this happy outlook is due | the = first-of-the-month stringency 15| good and ~ choice, 13.50° to. 1635. f :.v anx;y more fhanpgs pomts'ln two 4 Empire O 4 R of prices. largely to our persistent adherence to|said to he the reluctance of banks 1o | medium, 12.00 to 13.50; cull and com- Mlr s iariet 'Eesalona AL04 b 2 Fairbanks Morse 55 Eastern Shore of Maryland shippers | the principle of good management |lend while their indebtedncss to the | mon, 8.00 to 12.00: stocker and feeder b L LU o P P 1Pl Sue 68 i 123 1301, 180, |Supplied large quantities of cantaloupes, | which recognizes above everything else | Federal Reserve Bank is so heavy. Bor- | steers, good and choice (all weights) “a;i 66 2ol tr:Oundc.r the 1929 high. 3 Firest Cot Mil 55 43 8012 8914 8815 ’the fruit being of exceptionally good | that a co-operative relationship between | rowings from the latter institution, to|11.50 to 13 00; common and medium. “Nhiadle” West Ulllities mew dipping 1 Garlock Pack 63 °30.. 108 ' 108 ° 108 = | quality. Flats were offered at 85 cents | employer and employe is essential to | meet the demand for funds, have been | 5.7 to 1150, under 40 went to a new low since list- o] Gatinsau Pow ds 156, 8314 and $1.10. while standard crates brought | the success of any :arge industrial un- |large. Bankers expect, however, ihat| Sheep—Receipts, 18,000 head; active, I It rallied subsequently and Insull rk Natl Gas A..... ; 8= b 3Gen A In 5s Aww '53 8214 $1.75 and $2. Cantaloupes from near- | dertaking,” he added. ‘the call rate will drop by the end of the | 10 to 25 lower: range lambs, 13.50z Utliity Tnvestments came back over part | 2 Ark Nl G eu ‘pid s Eenn We b " 32 Gen Theaters 65 44, 101% by also were received in large quantities — York dis- | ¥eck and remain fairly steady. Federal | 13.65; natives, 13.25813.50; few 13.75 of the lost ground, Middle West Utlli- | 31 Aces B¢ 159 o3 Ethirond, 1iGen tnd Aleo 8las 44 10113 this morning and were offered at cheap | _PIg iron sales in the New York dis- | Reserve purchases of Government se- or Beop Lv & Pow Cor & 113.85; fat ewes, steady, 5.0086.50; feed- i 5 both in and out of 3G Pow 85 /67, 9613 prices, size and condition of the fruit | trict for delivery | curities and bills, as a means of aiding |ing lambs steady: lambs, 7] :; n;: flgu;m;ro‘;;grc‘mctl‘}i u;endses‘flgg ; 25 Gt o Bios by ie 108" determining the prices. the territory iast week amounted 10| fhe crodit requirements meident to crop | e "y Sons el 1:3'.3321:'".;5; 3 20 Guif Oil Pen 55 '37... 98!% rearly 25,000 tons. showed an advance on the day. Com- H monwealth Edison was off 25 points at the start, but it, too, had a partial re- covery. 1Atlas Port Cem.. 5 Gulf Oil Pen 85 '47 3Gult Sts Ut s A '56 5 Hood Rub 5'28 '36.... 2 Hood Rub 78'36... . 18 Houston Gulf G 6izs= 7 Melon Supplies Only Fair. ‘Watermelons continue only in fair supply, prices continuing anything but Stockholders of the Sunray Oil Cor- | poration have been offered rights m‘ suoscribe to new stock at $10 a share | medium, 11.50a13.00; cull and common | 8.25a11.50; ewes, medium to choice, 150 pounds down, 4.7526.75; cull and com- mon, 2.50a5.00; feeder lambs, good and movements, are also anticipated. BUTTER IS LOWER. It ‘was remarkable that the weak-| 1Auto Voi Macn.... 3 Houston Gf G 65 A 43 cheap. Top quality melons were offered | to"every three shares owned. With| CHICAGO, August 6 (P)—Butter choice, 12.50a13.85. ness in these stocks did not com-| ] AUVOL M cvt Br ol 26 Ind OIl & Gas 6 '39. 10 at $1.25, other sizes selling at 65, 75 | oach share is & warrant to buy an ad- | lower: receipts 16.082 tubs: creamery — . municate itsclf to the other utilities| 40 Avistion Corp ... 8 Broc & Qamoie B Tntenni o e e o &nd. 90 lcents. " | ditional share for a period of one vear, extras, 413, standsrds, 421: extra VIDEND! more than it did. Some of them were| 1 Aviaon Creuit 6% Prodential Inv. 3 paters Potato receipts continued light, while | ho"frgt” six months at $10 and the | firsts, 4015 {0 41: firsts. 39 o 40: sece D1VIDENDS. down, but there was not outstanding | 1 Axton UMEnes AL LEVrane IMIE....c A "““‘“’e;-‘ of 'f"'flws "“”e:“d- Dealers | pajance of the year at $12. onds, 37 to 38! Eges unchanged; | NEW YORK, August 6 (R).— weakness. Central States Electric was | R quoted potatoes eround $6.50 a barrel e | eceipts 17,957 cases. | Reguiar = Holders i v vi le of | R P B, this morning and increased retail prices | stockholders of Central American v | _ Company. Rate. period. of record pointa. LTimited ! Tight otPowes ACsond | 3 et 65 also were reported. Tomatoes, top qual- | Mines, Inc., have approved a proposal | Brown Fence & W B.00c @ Aug 31 Ang 18 % "and Eleotric’ Investors dropped. 5 Tuners. Sooret o] GhBek poaskets, were offered at by the difectors to sell the companys| PLANS ONTARIO PLANT. [ et Faatiis e 4% & e 3 A2l S 1 3 lea) redicting | assets entor Exploration - S8 & P . D ug 20 D e ahr el Bulshiae: 1 Repoator ok mych lower prices later in-the day. | opment Co, Ltd, of Toronto, Under| NEW WORK, August 6 (P)—The | pecker & Cong ol 327 Q 8en 3 Aup:i ara & Eastern went down with the o e Advanced prices of lemons was re- | the contract for sale Central American | Stewart-Warner Co. 1s 0 build a plant | e i S & i Auls ported this morning. The advances re- | Mines, Inc., will receive 810,000 shares ) ) 1 i - D 2 Aug 1f Test. ; 1 Roils Roves OMoLH &P s A 35 | Sulted from a scarity of the Trult, both | 1 ks s L TeCely e & O roruing | manufacture. radio receiving. sets. SN Central Public Ser‘flce Strong. J}fu‘m’mxi%b:‘;ai'fiflll"’."z 123, | here nn‘d”nbmad. dealers stated. Cali- | salyador Mines, Ltd, and an npuon] o == erxm;‘m & Ropbins.S0c @ Auz 10 Aux | Central Public Service was an ex- . Lt 3 J ARl 9% ¢ | fornia, size boxes, were quoted at | yntil June 30, 1930, to buy 353,965 Do DL A 1 3ar 0 o D 16 Aug 31 eeption to the trend. It sold consist- 138t Renis paper: 1AL Fub " 70'* Z0 7o |88, while the imported frult, 360-size | shares of the Canadian company, which | BUYS WASHER FIRM. [or, Am rvestment 51 & ANEds S 1 ently around its previous top. The boxes, sold around $11. has been organized ur.der Delaware laws| NEW YORK, August 6 (P).—The Pur Gr2UA1EE S O 15 Aew i corporation is offering rights to sub- |, Most fruits and vegelables were more { or the purpose of carrying out the | Apex Elctrical Manufacturing Co. of | Vi Orio Gas pf A $115 Q Sep 2 Augif gcribe to new stock at $40 a share in the i plentiful than usual this morning, ac- | transfer of the property., | Cleveland has acquired the Johnson |, Omifted—, T3¢ Q@ Due Aug 1 ratio of one new share for every four i cording to dcalers, and business was —_— ” Washer Co. of Oakland, Calif. Seacrest Laundry 25c Q Due Aug ’ old held. Southern Ice & Utility B 1geeman Bros ... The Assoclated Telephone Utilities Co. | was another stock. Announcement that John J. Rascob had acquired a large interest in Aero Supply brought buying into the B stock with an advance of almost two points. Dayton Airplane Engine made its usual new high. Stocks under pres- sure included some selling on a when issued basis such as Grigsby Grunow new and Baldwin new. 1 Stmmons B v 38; current receipts, 34. ; bR e i secticide never fails. No fly v 25 s 1; Smith Co (AO). Poultry, alive—Turkeys, hens, 35; | refunding mortgage convertible 6 p: A 7 .n'i“‘éis"‘;“:fio’:;"‘ifi‘?u{‘:a;l;”,d,,?,’1‘3’,‘.&3 3 Smithe P& L pid: toms, 33; Spring chickens, large, 30a32: |cent gold bonds, series A, of the can dodge it. Roaches can’t pany issue. It has been reported that the company plans to offer to present stockholders new stock to the extent ©of 10 or 15 per cent of their holdings. COTTON SELLS DOWN et a1.00. in a house where Dethol is AFTER EARLY GAINS A Meats, fresh killed—Beef, 2415; veal,| POTATO MARKET STRONGER. 9 No £ otk - A = aris: 23 lamb. 2028; pork loin, 34: fresh| CHICAGO, August 6 (P).—(United sprayed. No fuss—no bother. NEW YORK, August 6 (#).—The cot- < ) B A e = hams, 30a32; {resh shoulders. 22:|states Department of Agriculturer—| Try Dethol. It's a safe bet. ton market opened steady today at an advance of 5 to 10 points in response to relatively steady cables and a private crop report placing the condition at 69.3 and the indication crop at 15,080,- 000 bales. Active months sold about 7 to 12 points net higher during the first few minutes on covering and local buying, while there was also some Liv- erpool buying on the advance which 4 Segal Lk 81 Selec Indus Inc..... 3 Select Indus Inc ‘pid 18 Select Ind Inc 1s pd e Cont.. & & W pl ital Aamin’ A Marc W s7d 2 Sheafler Pen .. . 3Shawinigan W & P 1Sierra Pac E.. 3 153 Shenandoan Corp. . 76 Shenan Cor c¢v pfd. 6 Sikorsky Aviation 58Silica Gel_etf: 25 South _Corp. . 7 Sou Col 78 ow A 2 Southern Ice 11 Southern Ice & U B. . Co ) Stein Cosmetics. ! 1Stand Pub Corp A Bros B ctf: Firearms osenberge; 2Colg Faimol P.... 1!2 Commonwith Ed’ 2 Commonw P pld.. 1 Commenw Util B, 401 Commonw & Sou..... 192 Common & S opt war 1 Comm & S opt war ur 2 Cons Aircraft... 92 Cons Auto Mer vic 2 Consol Dairy P. 2Colt s Fire 1 Cohn 5128 43 6s''32. . RB A 2025 103 4 55 '44... 9934 | fairly good, retailers taking hold and demanding the best receipts. The egg | market continued firm, with prices the same as prices quoted yesterday. | Today's Wholesale Prices. Jobbers® Prices Slightly Higher. Butter—One-pound _ prints, tub, 42a44: store packed, 28a30. Eggs—Hennery, 30a40; fresh selected, 44a45; medium, 28; small, 27a28; Leghorns, 25a26; fowls, 28a30; roosters, 22; ducks, 28a30: keats, young, 60265: old, 35a40. Dressed—Turkeys, 38a40: Spring chickens, large. 3¢a40: medium, 37a38; small, 35: Leghorns. 33a35: fowls, 35a 36; roosters, 26; ducks, 28a30; keats, 90 | smoked hams, 30a32; smoked shoulders, 22; bacon, 28a30; lard in bulk, 15; in packages, '16. Live stock—Calves, 18; lambs, 12!5. Fruit and Vegetable Review. Today's market report on fruits and vegetables, compiled by the Market News Service, Bureau of Agricultural has acquired the Indiana Telegraph Se- | curities Co. and its subsidiary com-! panies, operating nearly 10,000 stations in Logansport and Greencastle, Ind., y and surrounding teiritory. The acquir- | ing company recently obtained control | of a number of telephone companies in the West and Middle West. | A new issue of $3,600,000 first and Hygrade Food Products Corporation is being offered for public subscription to- | day. The bonds will be convertible into 20 shares of common stock at $50 a share for each $1,000 principal amount of bonds. Potatoes—Recelpts, 66 cars; on tracl 360: total U. S. shipments, 497 cars: | trading fair, market slightly stronger; | Kansas and Missouri sacked Irish cob-| blers, 2.40 to 2.65; Colorado sacked Irish | cobblers, 3.10 to 3.15; Nebraska sacked | Irish cobblers, 2.80 to 2.90; Minnesota sacked early Ohios, few sales 2.65; Colorado sacked Bliss Triumphs, 3.50 Spray Dethol-theyie dead) KILL all those pests with Dethol. This wonderful in- 4 hide from it. The deadly mist penetrates every crevice. Shows them no mercy. Flies, mosquitoes, roaches, moths, ants, bedbugs. They can't live It has to satisfy or dealer re- turns purchase price without a murmur. Dethol Mfg, Co., Inc., Richmond, Va. spray Economics, quotes: % 3.60. carried December up to 19.24 and March " o3, 40, s 88 §i11 | Cantaloupes—Supplics moderate: de- | » El & Pw 55 A '55183% 184 " H - | ':ricle.?s'qohmfi?-lr‘zunlgdlfic;:fi:grxg l?:;f 158 Coneal Inbes § Thomps Prod A .. .. 80 18 Wester pw'siss & 3719 13 131 | fina, salmon tints, standards, 36s and| POULTRY MARKET FIRM. | ged off, working back to, or a shade . ciseee 2828 JEcmusD AR wld } West Newspaper 65 '44 0% #0' 9% | 455,1.25a1.50; fair quality, 1.00; Eastern | ' cr1cAGO, August 6 (A).—Poultry— | under, yesterday's closing quotations by 5 Contl Dizmond Fibe: 45 Tol Ed cum pfd Sales in FOREIGN BONDA. few lower: miscellaneous melons, SUP-| Ajive, firm: receipts, 3 cars; fowls, 29; | the end of the first haif hour. 2 Cooper Bessemer 48 Trans Am .-, 13872 13734 13 Housands. mown. g a1 gy |Dink meats, crates. ali sizes. 1.25a1.50; | guti UM FIEERE, S, Carte TS 20 | 5 % 1Cooper Bessem pfd A 4 Transcon Alr Trsp. 1 243. 243 243, 21 Nor Bs Ts : fair quality, 1.00; flats. all sizes, 50a75; " 20a30: ; : L Another private report was issued| g o0Per Besse 31rans Lux D L'P 8 A 10% 10° 10 { Baden 73 '51 2 om 4 g e VaTos | turkeys, 20a30: ducks, 18a20; geese, 15 placing the condition at 68.6 and the| 2 Coroon & B bid A’ 3 Travel Air Co i .| 1Biehos Atres 16 1" hait | Shove, Maryland, ealnon tlts and) wiring ‘geese, 20. indicated yield at 15,022,000 bales, 1 Courtaulds Ltd ur. ... 68 Tri Cont Col 39 L AT O B R ‘;phr‘s moderate; demAnd moderate; - | e e Some buying was reported on reports| 2oL ris.... % SCD GerSi'se Bos1 8 & g0 | ket steady: California, Imperial Valley, of high temperatures in the Southwest.| 1 Grows Cork nid 13Gom & Pr Bk 5128 137 &5 k4 B2 land Arizona, Honey Dews, standard Liverpool cables reported covering 1Cuneo Pr pfd...: ! e 3 531, % s |crates, all sizes, 2.00a2.25; California, and continental buying in that market. S ChrLas ot ovic s 4 Ercole M E M 655 53810 oi 8 |Honey Balls, jumbos, 45, 4.25; stand- . High Low Close | 2 b i of Free S Brus 6 52 88 81’ 84'a | ards, 36s and 455, 3.75; ponys, 54s. 3.00. Januars e % aTa ; Erte Stybrus,8ias 3l 33 4 43 |some broken, standard and jumbos, 66 Marcih 19.29 1937 ihes Bt | 3 Ger Cons Mun 7s ‘47 96 84'4 94'3 | 1.50; Honey Balls, standard, flats, 12s Ooer R e 1 Ui Elec Bond its | g4 m w2 8" and 155, 1.35a1.50. - Octoher 1885 1801 | 7 111 Uni Imp ris ...... Baa 302 592 232| Lettuce — Western stock. supplies December 1910 1219 RS, R T e g 26); 98, 68, |light: demand slow. market dull: st AT 2 De Havilland A'n 63 76% 8% 16% | Washington, crates, Iceberg type, 4-5 30 Dixie Gas & Utfl1 B dozen, 6.00a6.25: Colorado, crates, Ice- 9 GRAIN PRICES BREAK. 4 Dousles Aircrat.. | berg iype, 4-5 dozen, poor quality and B Y 1 Montevides 65 A condition, 3.50a4.00: ~ Eastern _stock, n = 5 aU 8 2 Mor Bk Chile 6s '63. supplies moderate: demand moderate, Violent Downswing Suddenly Hits 13 purs s’u?f?“i:’« {H ‘s 2 Parana s 8 market steady: New York, 2-dozen Values in Chicago. 209 Eastman Kod 18 US LIRS UL crates, Big Boston type, 75a1.00. [J ’” CHICAGO, August 6 ().—A sudde Efer E1 R 3 Santiage” 18- 40 QIS Matheo\f tead . on act. C i s — n 39 8 i gy violent. break in wheat prices, without 87 S Lines % Shlimes H s vl e e mfifi‘,‘:“itef&‘y";%’.;,‘fifl;;0‘3:‘“,‘0‘5‘1‘,25‘,‘,{,' L phutsE Diethedays Y United | Stores 1 0m LW 4T K¥i 300 02§02 | sacks, Valencia type, U. S. No. 1. 3.50a R ‘;g;tgfd‘:';.: :?nqncehl'fv . 1Unt" stores’ A xd—Ex-dlvidend, 3.75; California, 50-pound sacks, whites, today. The collapse wac unGersipod | 51 EL EOF AgocA: il Fi R G, 325, halt cacm3on - VAR have ‘been caused by the unloading of | 23 Elet Sharenuia. . 63 BN & I o e TN Peaches—Supplies 'liberal; _demand Wwheat futures holdings by a leading) 12 Elec Sharenold pfd.. 20t PAL ctf - == 2 Winnipeg trader, but 1aing in the Cas| 1 EEoRects ofuul pay, BETTER B. & 0. EARNINGS |61 beckers. Bineriar: moaiinn we. s nadian Northwest and indications of Vvick Fi 4 s few sales, 1.50; Virginia, bushel bar larger wheat acreage in the Argentine Pinish. v‘(,"" FOR FlRST HALF sEElee's, Hileys, U. 8. No. 1, medium size, were contributing factors, "z';mghud Aézmi 150, few sales 1.75; bushel baskets, Hish. Low. :n;?;’.‘;z’é’-‘f"rrfn’.’ Specisl Dispatch to The Star. Belles, U. 8. No. 1. 2-inch minimum. & Ohio’s net income, after fixed charges, for the first half of the year is esti- mated at $10,300,000. the equivalent of size, high color, few sales, 2.25; fair quality and condition, 1.25a1.50; East Shore Maryland, bushel baskets, Rays, {475 a share on the $215.187,000 com- | U- & No_ 1, 2-inch minimum, ‘mostly December | {mon stock then outstanding. On the Potatoes—Supplies moderate; de- Mey. 5.5 , same amount of stock the road earned | mand moderate, market steady: East R ey TORfnis P Mus a little less than $3 a share in the cor-~ 1th0§ t}’lh"kinhtand bwwl shnr; lvhgin- December | & D responding period of 1928. Based on| g CIOth fop stave barrels, cobblers, U. May . the increased common stock resulting from the rights that expired June 20, earnings for the first half of the year were $3 98 a share, Usually the second six months pro- vide Baltimore & Ohio with the great- er part of its earnings. Talk in the financial district is to the cffect that the dividend on the B. & O. common stock may be increased at the September meeting of the board, although some believe the question will be deferred until December, when the directors will have before them figures 14 | for practically the full year. Current 'a | earnings are a rate of double common dividend requirements, and some action looking toward increasing the dividend 1 ‘Watermelons—Supplies light; demand | moderate, market steady: North Caro- | lina, Tom Watsons, 26-30 pound, aver- age, 50a75; 35-40 pound average, 1.00 String Beans Steady. String beans—Supplies moderate; demand light, market steady: nearby Maryland, bushel baskets, 2.00. Lima beans—Supplies moderate; de- man light, market weaker. East Shore Maryland and East Shore Virginia, bushel hampers, 2.25a2.50. Peas—Supplies moderate; demand moderate, market slightly stronger. Washington, 50-pound crates, 5.50a6.00. Apples—Supplies moderate: market steady, demand light. Bushel baskets, Virginia, U. S. No. 1, 2% inches up, Wealthys, 2:00a2.25; unclassified vari- ————— TRANSAMERICA PROFITS WORTH $5.47 PER SHARE NEW YORK, August 6 (#).—The Transamerica Corporation, holding com- pany for the Glannini interests, reports net earnings of $49,185,172 for the first six months of 1929. This income, which docs mot include any undistributed earnings of the Bank of America, N. A., Bancamerica-Blair Corporation, or oth- er controlled institutions in which Transamerica Corporation’s holdings &re less than 99 per cent, are equal to $5.47 a share on 8.989,631 shares, the .average number outstanding during the Gen Bak pfd 57 Gen Elec Ltd re 15Gen Elec Co Ger ia Gen Elec Co ger PR mam— el d°Seal 38 Goldman 1Goth Ki 26 oo By . 2 Unity Gold 5 Utah Metal. Wendon_ Co) GrA &P Grief L & Bro pfd X Grigsby Grunow n... 2 Ground Grip Sh 3 42 Grigsby Grunow Sales INDEPENDENT OIL STOCKS. rate is expected. ous varieties small size, 1.00a1.25. OU’ t00, Bllollld te“ period. 1 Gu in ';anreggv“ ollnds % & ‘Tomatoes—Supplies moderate; de- ) e 0 Ol ta mand slow, market weaker, East f your grocer not COTTON GOODS QUIET. SILVER QUOTATIONS., |Shore, M. 1hmikey cgeaker e NEW YORK, August 6 (Special).— 8 NEW_YORK, August 6 (P).—Bar|fipe Wrapped, 50. Late sales Monday, to forget Blue Ribbon Cotton goods markets were quiet today. 8Derby O & Ref...... 8 T silver, 52%; Mexican dollars, 40. Print cloths were quoted unchanged IE G e yeunpid 3% il e Malt Extract — because PRODUCE EXCHANGE. NEW_YORK, August 6 (#).—Flour, easy; Spring patents, 7.45a7.91 f Winter straights, 6.30a6.80; hard Win- ter straights, 6.70a7.15. Rye easy: No. 2 .| Western, 1.191; f. o b. New York and 1733 c. i. f. export. Barley, eas; domestic, 811; c. 1. . New York. T: low, firmer; special loose, 7% 7 Other articles unchanged. .. YALE & TOWNE PROFITS. at 715 cents for 64x60s and 833 cents for 68x72s. unchanged. L0SS IS REPORTED. NEW YORK. August 6 (#).—A net loss of $665478, as against a net in-| come of $40,567 in the 1928 period, was ’ reported today by the Certain-Teed Products Corp., manufacturers of roof- ing material. G & P 85 cum pfd 105 4 Gult Ol Pa. . 184 ——e GERMAN BONDS AND STOCKS. NEW YORK, August 6 (Special).— Ger Gov Red loan with drawing — o APked ctfs attached per 1 R R M. 55.00 60.00 Ger Gov Fed loan withoit drawing ctfs per 1.000 R. M ted in do) Hamburg 415s 191 (Quoted in' dollars per German Gen Elec 412 b German Gen Elec 4725 1 Berlin 4 pre. Hamburg 35, 323 & 45 pre-war Hamburg-American Line 413s.. Raw silks were quiet and you can depend upon its supreme quality always! e o o o That’s why it is America’s Biggest Seller. Intl Project n . Intl Shoe ... Intl Superpower . Intern Util A 4% North German Liovd 4% R 43 Ly | ,NEW YORK, August 6 (#).—The Write for Lena’s Free Recipe Book for deli- IllSllll Utlll‘tles - 3 8% Yale & Towne Manufacturing Co, of o Sads wnil aandite - Aidresss Préusior k 18215 1’ 2Salt Ck Prod > 14 | Stamford, Conn., reports net earnings Mate Ssles Co., 720 N. Michigen Ave., Chicago . B t -~ 1Tezon Ofl & Land n. 3t AR R of $1,193,063 for the first six months ¥ Agam Bears Brun 13 3 2 Yencauglan Pet bid B. of the year, eom&mn ith 48248719 i ped 3 uring the corre: g pe . S 1% 1% 1 Profits for the half are equal 7 Of Selllllg Attack T to $271 a share on 440,000 shares, as * 34 3% against $1.88 on 438,115 shares in the $% first half of 1928, By the Associated Press. CHICAGO, August 6.—Insull Utilitles Investment common con= tinued today the chief victim of bearish movement among utilities issues on the Chicago Stock o3 change. Opening at 120, the price fell 28 points to 92 and rallied to 102 at 10:30 o'clock. Profit-taking sale orders, flood- ing the specialists as the price broke, vesterday forced temporary suspension of ~(rading in Insull sommon., — OPENS MEXICO BRANCH. arion_Steam Sh n avis Bottling ..... ayflower Assn a3 BlueRibbon MaltExtract AMERICA’S BIGGEST SELLER open: ing capital of $320,000. It will be un- der the management of William R. Richardson. United States Ambassa- dor Dwight W. Morrow and leaders in &P 55 A 8%

Other pages from this issue: