Evening Star Newspaper, August 23, 1929, Page 14

14 - e FINANCIAL, FINANCIAL. Stock and Bales— Dividend Rate. Add 00, High l Stock and Bales— Prev. Stock and *Prev. Dividend Rate. Add 00. High. Low. Close, Close. | High. | Sttty Bond Trading Shows Im- provement in Prices—Trac- tion Stock Galns. 'I'h-rE was a slightly improved feeling e exchange today in local securi- t|r< and cnnslderflbl? impro\emem was shown in trading, especially in bonds, a3 well as a little stiffening in prices 21l around. Eastman Kod (18).. Eaton Axle & S (3) Elec Auto Lite () Electrio Boat. Values for bonds stiffened, Gas 5 Elec Stos Bag (01 3 s = ened, as 5s 51 tor ). selling at 100 and 1001, Railway 4s at| 73% 40% Am Agricui Chpf % b7% finfifnn.f:fltn 86, Anacostia & Potomac 5s at 94 and ’ " 47 Eng Pub Serv (11).. the 'unguaranteed 5s of the same cor- Am Beet Sugar. : Eng Pub Sve pf(5%) poration at 87 and 877. ‘ A Equitable Bldg(2%). 39% Capital Traction stock showed a , Am Brake Shoe 2.40. 9 ErteRR A 861a slight gain, selling at 931 and 93| ,34% 15% Am Brown Bov Elec. Erie R R 18t pf (4). 60% Peoples Drug preferred was active but | 183% 107% Am Can (14)... Evans Auto L(12%) 4T T easier, being off a point, from the open- | 106% 92 = Am Car & Fdy (6) 122, Fair number of sales of A8% AaiChicl (3)-. bank clocks at 260 for Cemmercial SaiE A Com Al UL National, 225 for District National and ) 135 for Continental Trust. Installment Buying. 88 Am & For Pw 2d pf. 243 With the national income approxi- A aayses r cly $90.000.000.000, the people Of| 5334 AR~ Amn Ioe (13). . > United States spend about $40,000.- 5214 Am Internat (17). 000,000 a year in retail establishments & Foamit and out of thiz appr.ximately $4.500.- umonvllh Mnnlsdo goes into installment buying. according to Leslie C. Harbison, presi- 50 ‘m memm ltiiem of the Houschold Finance Corpora- 113% Am Metal pf (6) on. 81% Am Pow & Lt (11 “Two-thirds of ali dealer automobile 98% 2m Pow & Lt v‘t ()5). zales” he said, ' “re made on credit, 70 AmP&LDLA (3)... one-half of all gic ery store sales and 78 AmP&L pf A st (5). one-third of all department store sales, 40% Am Ra&Std San 1% .. 224 Amerada Corp 23% 10t ‘Am Agricul Chem Falrbanks Morse (3) M T, Fash Pk Asso(k?%). 3 65 6l Fed Lt & Tre (31%). 9 90 ¥ed Motor Tr (80c).. Fid Phen F' Ins (2).. Filene's Sons. First Nat Stores 13 . e Fisk Rubber, . 4 = Fleischmann HIY 7ix Fleischmann etfs Vl 166 11661 120% 123 2 N_a 105% 1054 Ofl Well Supply. 215 22% Oliver Farm Equip % 39 39 OltvrFrFqpfA(6).. 3 92 92 92 Gabriel Snub A l"h Gardner Motor. &1 Gen Am Tnk CIHN) 4R 61 Gen Asphalt.... A \( 3 Q ’ THE EVENING STAR, WASHINGTON, D. C, FRIDAY, AUGUST 23, 1929. 0 —Prev. 1920~ Stock and Sates— i Prev. | —Prev. 1925 UN AN E High. Low. Dividend Rate. Add 00. High. Low. Olose. High, ‘Low. Dividend Rite. Add 00. High. Low. Close. Gloes: » Us 57% 38 Abitibi Power& Pap 15 53% ~ & 604 Mohawk Carpet 12% 4 64 64 64 64% Southern Pacific (6). 29 147% Abitibi P & P pf 2 83% 83% 226 182" Delaware & Hud (9). 217% 215 215 215% 99 Mont Ward (234)... 1627 13215 129% 131% 125% Southern Rwy (8)... 30 Exp of (5) RN B RO 3 a0 T o Morrell 3 (x80y. .00 1 a1 108 1 Soanz-Chmitant. . 4 ver nv D T % pang-Chalfant..... . Advance Rumley. .. Detroit Edison (8) 2 349% u'l 349% Mother Lode (40¢) S 3, 3 Sparks Withingten. . 4 707 -n ..Markc( Apparent Disre- 4?;: A ) ot. st ?m 43% Devne & myA(n). L, 4T finlmnn},’:'m(?'il 18580 487 48 Broncer Kelg(1.60) 9 3 y Lead. ... 2 2 otor Meter 2914 28 pieer Mfx. 95%, Alr Reduction (3) 4 % 41 Motor Products (17). 2 120 120 Spiezel-Mav-St (3) b5 gards Record Total of 36 'Alr Wal El Ap(2%).. 3 112% Motor Wheel (4) B1n Stand Com Tob (1) 4 Ajax Rubber. 4 2 49 Mullins Mfg. .. 3oa 38% Siand Cas L El (3%) 101 Brokers’ 4% Alaska Juneau. : 201% 22 Munsingwear (13%) ; % Stand G & E pf (4. rokers’ Loans. Albany P W Paper.. 19 Dupont d N deb (8) 115% Murrav Corp (a3) . Stand Ol Calif (13). 2'« 5 Myer (F E)&Bro(2). Stand Oil N J (12).. 3026 S e aia’ § Stand OJ1 N Y (1.60) 1228 BY STANLEY W. PRENOSIL. 4 Stand Plate Glass. 2 Ascociated Press Financial Editor, Steriing See (A). 10 . : < Sterling See pf 11 NEW YORK. Auguit 23.—The atock H Stewart Warnr(3% ) g g market wept forth on another wild 3 Nau Biscuit (1634). Stone & Webster. 4 3 “ ¢ in the Natl Cash Reg Av‘rn) &7 vv Studebaker (15). b 2 e b”], il bodp 1o 'h, taciole Natl Dairy(e134).... 246 Submarine Boat. L | record-breaking increaze in Pederal Natl Dept Stores. . Sun 01l (g1) ! Rezerve brokers' loanz. Thirty or more Nat Distillers. L i stocks were whirled up 3 to 17 points N::mn::"":fi'n"rflf,’;') BUDSHOEBLAEL. to new high records, the list ineluding ot el LS T several representative steel, oil. railroad Nat) Surety (5) Y b TeletapeRiitiy o and public utility shares. Trading wa= Natl Tea (1 %) Tenn ot &' G (13 in fairly heavy volume, several blocks of P I N 5,000 10 50,000 hares changing hands, N G e G830 i particularly in the ofl group. Newton Steel (3) Texas P € & 01 (bi) | Inazmuch a the sharpest gains were N Y Alr Brake (3). Texas Pac Land Tr.. recorded by stocks of companies re- N Y Central (3). Thatcher Mfg porting unucually large current earn- NYCh &St L (6). PheTair (240> ings. Wall Street regarded the rally as CH&H (4).... 223 Tide Water Asso. ,an indication that large nperators haa NH&HDt ()., Tide Wat Asso pf(8) cregarded. At Jeast temporarily, the NYOnt& West..... Tide Water Oil(R0¢c) . 2 35 E 3 edil situation and hased their cam- N ¥ Ratlwgys pf Tiae Water Oil pf(5) paign on the excellent character and Florsheim Shoe A . Norfolk&Wstn(t10). Timken Det Ax(R0¢). of business, i Follanchee (28 ) North Am(h10%stk) Timken Roller (2), & opcrafors, who have been Foundation Co. North Am pf (3), ... Tobacen Prod 140, 3 5 v | Selling stocks freelv in the last few Fox Film A (4) Nor Ger Llovd(3.41). Tob Prod etfs 140, .. 4. days on the theory that a large zan 37% Freeport-Te: Northern Pac (5).... a2 Tobacco Pr A (1.40). in brokers' Joans would cause another North Pac et () Tob Prod ctfs A1.40. j sharp setbacks. Toh Prod dv etfs A, . with large Jos Transcontinental, .. 1308 ' mounting paper losses staring them in 4 Trico Prod (2%).... 26 g % 8 561a | LDe face. Truax Traer (1.60)., & Call moner renewed unchanged at 7 2B Rue Vet ultimately almost all do pay. The 31 Am Republics. average Joss of a large group of houses revealed that loszes were as follows: ‘Motor car sales, opcn account, 0.9 per cent; inztallment payments, 0.4 per cent; department ctores, charge ac- counts, 0.4 per cent; installment sales, 1.1 per cent: grocery stores, 0.8 per| cent. Workingmen are making loans L) @ 10613 Am Roll Mill ( 61 Am Safety Raz (15 32% Am Seating (3).. 3 Am Ship & Com. 93's Am Sm & Ref (4). 43% Am Snuff (n)... 56 Am Stee] Fdy (3). 65 Am Stores (2).. AT ruh Gen Cable, Gen Cable A (4). Gen Cigar (4). Gen Electric (16). Gen Elec spee (80c) . Gen'l Food Corpn (3) 63 Gen Gas&El A (e1%) ln Gen Mills (3%)..... Olivr Fr Kp ev pt(3). Omnibus Corp....... Onpenheim Col (5).. Otis Elevator (6).... Ofi= Steel. Otis Steel pr pf (1) Owens 111 Glass (4 500 B0y ' Truscon Stl (11,20) Twin City Rp T (4).. Tnderw- Ve EI-Fish(4) I'nion Baz & Paper Tinton Carbide (2 §0). Union Oil Calif (2)..7 Union Pacifie (10) I per cent, and it looked as though the I yate would be maintained over the werk ! end. 1nstead of dropping back 10 & a= ii L haz in the two previous sexsion=. There was no change in olher monetary c- ! commodation=. Communications issues ‘ook the lead fin the afternoon. although U. 5. Steel rontinued into the mew high ground, Pacific Gas & B (7 Tinion Tank Car(5) Facific Lighting (3). Pac!fic O] stub, Gen Kotors (13.30). s Gen Motors pf (1) Gen Outd Ad vie (2 Gen Public Serv (bl Packard Motor (15). Gen Ry Signal (5)... 59 Packard Mot (new).. Gen Refrac (t4).... 1 2 8 b Pan-Am Petroleum Gillette Safety R (5) Pan-Am Pete B. . Gimbel Brothers Panhandle P& R 2 Paramount-F-1, (3). 228 Park & Tiiford (13). Park Utah (80c)..... Pathe Exchange. Patino Mines (3. Penick & Ford. Penn Coal & Col Pann Ditfe Cemen Penn Divie Om pf(7 714 Am Sugar Rfg (3) 10412 Am Sugar Rtg pf(1). The American citizen, 5% Am Sumatra (3). . is proving himsclf honest.” 9 19314 Am Tcl& Tel (3). has continued during the 160 Am Tobacco (8) 160% Am Tobacco B (3) .\’pecffd and with the marked improve- 67% Am Water Wks (c1) ment in agricultural conditions, a-favor- 'm 15 Am Woolen... able period for trade is in prospect 36% Am Woolen pf. during the remaining part of 1929, says 9 Am Writ Paper the Union Trust Co.. Cleveland. 39 Am Writ Papr pf (3) The “improvement in _agricultural 22% Am Zinc LA&Sm..... prices, particularly wheat, has been the 'a Am Zinc Ld&Sm pf.. oustanding -economic development i a3 ‘Anaconda Copr (7). 1112 the country during the lazt month.” 62 Anaconda W&C (3). 3 <2vs the bank, in itz magazine Trade 44% Andes Copper (3)... " Wi ‘1t is estimated that the gen-| 43% 29 Archer-Dan-il () Graham Paiz Pennsvivania RR(4) 205 100% 93 98, | 104 eral advance in grain prices from the 8474 Armour Del pf (7) PamS £ Mk ( it 300 33| 490 Tow Dolat n Moy has addsd moss than 105% Armour Il (A). 2! X § ,-,,‘ G,.,.dyst:’“" s » 1Ba Eo e U 13 33 | 49 $1,000,000000 to the wealth of the B r Rl X et i . R country. 10" Armour 1 pE (7). Grand Union pf (3). Phila Co 6 & i it o I % 19 Arnold Constabl 3 a Co 8% pf (3) % B 534 | 17 S Pipe & Fd; - | blocks nf 5.000 shares at 284 and 212%,, nn“?:enn.“{r;':?ar; A S 481 Asso AppllInd (4)... AL i o e 17 S Pipe 1st pf (1.20) | up 7 and 61, points. respectively, and Tawerful factor in the direction of good 43 " AssoDry G (2%).... 26 4 2 3 s Bk bl Do e MEy 20 1 & Pipe °d pf (1.20) s | new high recoras, using As farmers continue to use 884 Asso DG 1st pf(6) a 9 E . Cre :” A bt "“ 4D Phillips Pete (134).. a AR .‘ 19% Realty (5)..... 5 s ] Bethlehem Steel. Hershey Chocolate e o e oriine products of our 20014 1950 Aten T &S Mo (A0).. 43 275, BCH Nopchsann Plerce-Arrow A & 3 a U S Rubber. 5 | and. Commetcial Investment Trust also Factories, farm returns may be expected | 103ia 993 Atch T&SF pf (5) i cansieanBooi Y. St L v Dilbuer st B s moved into new high ground E s stry. A % a2 iy Buan: & baEs 1icY) i « 511 ' face of the unusuallr large e: 3 Tiete “are nications that farm praci| 1 3% AUG&WLpr().. shie Guir Sin Sreer th SR . U Steel (1) S s O P many perity will provide impetus to the auto- | 77% 53% Atl Refininf® (12).... 233 4 67% 3 S P‘{: robtl e & QT".' of (7 1-10 » | traders that business conditions had mobile and other industries during the | 115 = 90 Atlas Powder (4).... 17 ¢ 2% Pitts & v Ve (8! e cco ), 3's | succeeded the credit situation as the closing months of 1929.” 464% 221 Auburn Auto (14)... 9 462 45 3 Pitts& W Va (6) Iniv Leaf Tob (3 12 | Bominating speculative factor. A few 10 % Austin Nichols, 23 8% 4 oor & Co (12). Util Pwr & Lt A ¢ S| e eaitre Wi Bluce Buying midess Farm Cash Receipts. Autosales. .. 3 33l Fraliaous A — Yaeihe market” in the belief that they i rin cachi ertciol (b ieontemnr 2 Aviation Corp. De! B0 17% Prairie Pipe Vadsco Sales. £13 | would pick up some cheap stock were 1970-1930 will aggregate nearly $11.- | e Vanadium (14). 80' | surprized {0 diccover that their orders 000,000,000, a new record by a small | 210 Baldwin Loco(T)... _ 2 230 Prodi® Raflners. Viek Chemical (4). 4 . had sent socks shoolinz 1o new high margin, according to an S just| 66% 62 Baldwin Loco (new). 334 Poatal Tel & C pf (7). i Virginia-Car Chem., @ record=. There was little evidence of made by the Brookmire Economic Sery- | 140% 1157 Balto &Ohlo (6)..... & MohAnAsE®Son Pub Sve NJ (2.60). .. o 5 Virginia-Car 6% of.. v nevvous liquidation at the opening. ice, Inc. “Higher prices will probably | 80%2 75 ~Balto& Ohiopf (4). Houd Hersh B (1%) 19 3% Pub Sve NJT pf (8) o W | indicating that the increase in loans prévail this season for grains, hay, hogs. | 5514 64% Bans & Aroos (3% 9 ' 6812 Houston Ol % B Pub Sve E&G pf(6) .. 3 8 Wapash.... apparently had been well discounted. fruits and potatoes; lower prices for | 29w 7 Barnet Leather. 8 8 561 Howe Sound (14%3.. 10 eoe" 5 : Pullman Corp (4).. .. bbb Westinghouse Electric quickly extend= cotton. cattie. - vegetables. and dairy | 43 33% Barnadall(:2%).... ”‘“ 89% 37 37 % 34'3 Hudson & Man (23%). 125 50 Punta Alegre Sugar. | Walworth (1.20) ed its 2ain to 12 points by touching & toqucts " savs the service.. ~On the| 12 20 BeaconOll e £ g 70" Hudson Manh pf(3), = 6 Pure Ol (134) 4 WA ES BAR D new high at 289, which contrasts with Rile. agricuitural conditions will be a | 108% 834 Beatrice Cr 9 108% 315 75t Hudson Motor (5)... 63 4 Purity Bakeries (4). s Warners Bros P ta3 ‘s | the vear= low of 1371, United States - Turiaihing infiuenes on general busic| 17 9 Belding-Heminway.. 4 il 82 38% Hupp Motor (f2).... 20 Warner-Quinlan (2). 241 | Steel common crossed 153 10 a new top Quring the carly Fall. Reduced | (4% 81 BeleNRyptpf (16). 1 fa pbobizkad Warren Bros (+5).... | 2nd_du Pont extended its gain by 8 b Toth hand mean hisher | 104% 78 Bendix Aviation (2). u 91ia 93 233 o3 I Warren Fdry & Pipe. points, other hand, mean higher | 3005/ 755 Best& Co (3)....... 9703 8 % 99 3213 T1linoka Central (7)., E Snow(2). which is equivalent {0 & | y355, g1 Belhlehem Steel (6). 1381 28'a Independ O & G (2 O&Snof (4).. S 2 . uction in_ wages for city dwellers. [ 133:0 1165 Rethlehem Stpf (7). 6 20| 32 17w Indian MotorCycle.. 13 Weatern Maryiana ern Pacifie. . smaller production also means re- | 13gs 110% Bohn AlUm&EBr(14)., 10 2 1gg~ 110% Bol = (14) 4 51% 23 Indian Refininget... 42 Reading (4)... ern Union (8). Th duced employment by the railroads, fac- 785 Bon Ami A (15).. 83 tories and warehouses engaged in the % Booth Fish 18t DEf. s, 170 120 Ingerscl Rand (15%) Real Stk Hostery. .. Westngh Air Brk(2). 1t per = n handling and processing of the prod- s s g - 99 7915 Inland Steel (3%). .. 103 Rels (R) & Co. 7' Westngh EI&M (4 ¥ |"‘°l§:’l’< o ein Gm“‘;‘, e uets. . 2, ' 8! 66% 33'a Inspiration (4).. . Reis (R)&Co \lt('l)., 2 Weston El Instru.... 3 3% 4 L, ?c" it 01 1 "!D'o 1y “It 1= important to eliminate doubtful | 145 85 Boston & Main ¢ 14% 81 Intercontinental Rub Remington-Rand. . Westvaeo Chlor (2). “‘,1 Do i .y and very risky stocks from all invest- | ‘63w 0w Briggs MIg. . % 33 ; 17 6% Intl Agricultural. . Reming-Rnd 15t (7). White Eaxle Oil (2). 5 351 = et an Exchtges OrevIMEA RS ment 1ists at thic time and to substitute 35% Briggs&Stration(1). 31y Inti Agri prof (7). Reo Motors (11 White Motor (1). T D ey a amall zelection of outztanding com- 115t Bristol Myers(f4%). 246's 149% Intl Business M (5).. Rep Brass Corp White Rock M & (3) BTIION Iolshgoce 4 25-36. paniez where the industrial outlook, 6’ 3 British Empire Steel 1024, 73 IntlCement (4). Rep Iron & St (4) . 1 competitive positio... sponsorship and | 131 5% British Em Stl 2d pf. 3 54% Inul Comb Eng (2) Reynolds Tb B(2.40). other factors are decidedly favorable. It | 737 33 Brockway M T (3)... 3% 42 2 o xR s pE ) Ehine West (1.92). i quite clear that the stocks which | 817 5713 Bklyn-Manhat (4)... 22 LS HE VAR () . Richfleld Oil (2). have gone forward this year have been'| 2433 170 Bllyn Unlon Gas (5) Az In-ByaroitlA ¢ 8 Rio Grande O1] (i a deciced minority, and that the group 384 Brown Shos (2%4)... o5 : s ; 4 Rossia Ins (2.20) hich will make pronts during the | agi 3gw BremaBaneCond.. 255 5 = e 3% 27 Royal Bak Pwdr(l)., months to come will continue to be a ' 18 BrunsTer &Ry S. % Int Nickel of Can(1). Roval Fak P pf (6). . restricted list.” 25% Bucyrus Krie (1). ... 144 )'HlPlD&er!} 2 2 3 3 E Rov Bak Pow etfs(1) Thomas Donaldzon. manager here of 384 Bucyrusevpf (2% Int Pap & Pwr C ; 8 i 9 Foval B Ppfctfs(8). 4453 Bullard Co (12). .o Intl Pap & Pwr pf( Roval Dutch (23.20). 68 624 Burr Add Mach (80¢) i i he regular meet 54% Bush Term (g2). Tnter Dept St 125, L i ton Bank Women’s Club will be held 3% Butte Copper & Zinc. ekl g Wrigley Wim (43, po“mm Monday as the dinner session at the 28 Butterick Co. . Lyl U G R L St L-San Fran (8)... Huguenot. The president, Miss Mary 1927/. 120% Byers (A M). i s % St L-San Fran pf Yale & Towne (4)... 5 * 85 5 Stock of Grocery Stores Products, Jane Winfree, secretary of the Contin-| 37% 31 By-Products C sy 'r-_"m T 4 4 37tk 8| i Inc.. which waz formed several months . g % : s 7 ago as a_merger of Toddv Corporatio ental Trust, Co.. will preside. v 3 Frnest E. Herrell, president of the| 82i4 7214 Calif Packing (4). e RO 3 208 5 Young Sheet & T (5) 3 Fould Milling Cn. and Kitchen Bouat International Finance Corporation, is| 4 I's Callahan Zine& L... 1 bl Lol ilus Seaboard Air Line p! 3 —— ¥ Tnc. will be listed on the New Verk on chort vacation at Virginia Beach. 136% 123 Calumet & Ariz (10), 13 Sears Roebek (3234). Zenith Radio (2).... Curb Exehange next week, it was learn- The Riggs Bank Club will hold a din-| 61's 36% Calumet & Hecla(4). 37 Eeneca Copper. RIGHTS EXPIRE ed todav. 1t was announced that the ner dance tomorrow night at Chcs 43% 43. Campbell Wyant (2). 16 Servel Inec. Gty Tnc (rights)? ¢ | company has also acuired Fdward ®. reake Beach, leaving Chesapeake Junc-| 98% 78 CanadaDryGA (5). 73 Sharon Steel H (3) Gen Cigar rights. ... e Jacob, a company producing the major tion on the 3:25 train and taking along | 2657% 218 Canadian Pac (10) 11 Sharp & Do pf (333). Glidden (rights).... 2 +» | portion of the canned mushrooms pack- a special orchestra. George Dagenais, Cannon Mills (2.80)., 32 Shattuck F G (2) 4% Macy Co rizhts 3 |ed in the United States. The concern president of the club, is chairman of Cie (T 1) ctfs'(6) 13 Shell Unlon (1.40). 175 Mont Ward..Aug 26 196 is understond to be controlled by the the committee in charge, which includes Celotex (3) Shubert Theater (5). 43 Stand Gasrt« Aug.31 279 s | George K. Morrow-Gold Dust, interests, also Donald McCormack, Harry Morris, 40% Cent Alloy Steel (2 Simmons Co (3). 1" 8 Freight (rights). 126 ; T | which recently acquired control of the Miss Mildred Archer, John Keener, 88% Cerro de Pasco (6) Simms Pet (1.60) Sales of Stocks on Mw York Fxchange. | United Cigar Stores, and it is expected Steven Ramsburgh and Miss Constance imclxlrfl:l ;'z‘fih 10:30 AM.,... 659,900 Noon. . | that this large merchandising chain Fogle. ‘;‘::LYS(,‘,'_"‘\_”W 1 ;,nr'wlu ioe 3458600 2 I may be used as an outlet for its prod- 5 ) v v A. L B. Goll Remils Srace Packing. cash DRSSO, TR N3 EITOR St B L the angun | ucts. L ick Cook of Riggs National Bank Snider Packing pf. 2 49 2 laratio; s . tumned in o score 13 the fret el SoivavAmnptri. 47 107 1081 o 4 20" RIS (IR SREEn e, e | T en nder WAy Tor Wels golf tournament of the Washf So Porto R Sug t2%. 1 85% 35% 35% | A Paid this year—no re ate. b Fayabie fn stock &‘u*“fi" = r { the Pirs 1R yesterday's piay at Southern Cal Ed (2). 281 7o Bine 7ot | inostock'" d Bavahie ‘when sathed. > & Priapia Sk, S Plus ¥ | pointing to the merger of the irst Eapter, A: . B, in yesterday's play & e D= R R R,|[Bus 0% in stock. gPlus 6% in stock. hPlux 3% in stock. | NAtional Bank and the Old Colony R & = PR B i R KR 4% 4" sloek: Trust Co., both of Boston. and that, they are still being continued infor more and more to pay their trade bills, 1 e 2 ternational Telephone hut by doing so are maintaining their 1'td Alrcraft&Tra hing 260. International Telephor T'td Aircraft&T of a p & Telegranh Western 11td Biscuit (1.60). 7 Union, 7'2; or elephone & Tnited Carbon. . " ~, | Telegraph. 5. and Radio. 4 addition, Utd Ciger Stores(1). Columbian Carbon jumped Utd Corporation. You: g..wv\n t & Tube, 9. and A. Utd Corp pf (3) M. Byers, eching Machine, Utd Eleetric Coal(3) which had rizen 6 points to 356, tock Utd Fruit (c4)...... a sudden fall to 335. The closing to Ttd Gas & Imp (1).. 2 was strong. Utd Gas & Tmp nf(5) 1°td Piece Nye Wk Strength at Opening. Dicregarding an increasze Gobel (Adolf). 4 Gold Dust (213). Goodrich B F (4). Goodyear Tire (5)... Goodyear 15t pf (7). Gotham Silk H (2%) Gotham S H pf (7) Graham-Paige U 8 Distributing 17 8 Distrib pf (7 b 2 9 1000000 in Federal Reserve 18 Tixprese 3 | loan= fo another new high record. i markel opened {odav with U 5 Hoftman (4). U S Ind Alco (6). U S Leather. . Haves Bodv ha s s Helme (G W) (17) Hershey Chocola Hershey Choe pf (4). 86 iamble(2). 31, Y 33 anbo Radis Corp. FRadio pf A (314 Radin pt B (). 1 g Radio-Keith-Orph A, Indian Refining..... 101 5 y Fail RBuving Orders large, distributed over o - White Sewing Mach Wilcox Rich B (e2). Willys-Over (e1.20). & | By the. Astociated Press Wilson & Co. . 3 Tt was reported in Wall Street today Wilson & Co A. | that the American Tobarco Co. 1= cop- Wanlworth (2 40) sidering plan: to raize $50.000.000 Worthington Pump.. &9 99'3 953 " 8 the sale of additional stock Worthinzton B. lease held Wright Aero (2). 27 fon brand. ing proper- Bateway StorenieD) Wright Aeroctfs(2). 38 2 < of the old Tobacco Products Cor- g of the Waching- St Joseph Lead (13). Kan City Sou (5) isey Hayes (2). Kelvinator Corp. Kennecott (5). 219 Kimberly Clrk(2%).. Kinney G R (1) Kolster Radlo. Kraft PhCh (134). Kraft PhCh pf (6%) Kresge S S (1.60) Kresge Dept Store! Chesapeake Corp 6% Chi & Alton pf 12% .Chi Great gc em' 38 ChiGreat Westn pf.. ! 27% Chi Mil St P&Pac. .. KressSH (1). 'hi Mil St P&Pac pf. Kreuger & Tol (1. z‘;g'!: Smi‘nfifo»f” 852 4 ) 3 ¥ 5% Kroger Gr&Bak(el). possible that the tournarient might be 4 134 Chi&NWopf (7).... concluded todav, but if not, play will go over into Monday. Cook finished the course in three strokes less than the low score on the previous day. The winning team will be picked out of win- ners in the local tournument to meet a team from the Baltiriore Chapter. A. 1. B. probably in Brltimore, in Sep- tember. Heard in Financial Distriet. * Wade H. Cooper, president of the Continental Trust Co.. left loday for a #hort, vacation in Maine. J. Thilman Hendrick, special partner of W. B. Hibbs & Co. and chairman of the board of the Lanston Monotype Co., has returned from a three months’ trip abroad. He reports signs of economic recovery generally. George L. Starkey, president of the Nafionsl Bank of Washington, and Mrs. Starkey are planning a motor trip to ‘New England early next month, ’I’hey plan to leave for Boston on Septembe: 5, the next day after the bank openslt: new branch in Southwest Washington, located at 1121-1123 Water street, on the 120th anniversary of the establish- ment of the parent institution. Herbert W. Primm, assistant real es- iat-e omcer of the Waghington Loan & left today for a vacation at Mlmu: clty planning to return after e George Washington versity Hospital, following l neene serious operntlon there. He is reported | still to be suffering severely. Word has been received from John M. Riordan, executive vice president of the Bank of Commerce and Savings, Bank, is spending his vmfion at his ‘country home ni Frederick, Md. —_— ‘fl!e 'hlbrldor duck is said to be glu 28t% Chi Pneu Tool.... 48% CRhi Pneu T pf (!K). 115 ChiRI&Pac(7) 98/ Chi RI& Pacpf (6 105% Chi RI& Pac pf (7)., 38 Chickasha COfl (3). 66 Chrysler Corp (3). 49 CityIce & F (3. 18% City Stores (1) 421 Cluett Peabody 120% €oca-Cola (4). 46% Coca Uola A (3). 41 Collins & Alkman. 9L Collins & Aik pf (7)., 58 Colo Fuel & iron 5313 ColumbG & B (2 136 103% Colum G&E pt A() . 55% Col Graph (2%¢). 61 Col Graph F P (ZDe). 1 121% Columb Carbon t4% . 136 43 Com Credit i2)...... 206 50 Comm Credit A 131% Com] Inv Trust (4). 217 273 Com Inv Trst war... 63 92 Com Inv Tr pf(6% )., 225% Com Solvents (h8) 19% Congoleum-Nairn, 22 Consol Fiim (2). 24% Consol Film pf (2) 50 Consol RR Cub pf(§) 2% Consol Textil 12 Container Corp 4. 88% Contl Baking pf (8).. 56 Conti Bank NY 1.20.. 60 ContlCan (23%). 79 Contl Insurance (2) 107% 824 57% us 83 A . 42% mvnc:uk&sm . 184 Crown Zellerbach (1) 85 Crucible Steel (5)... 109 Crucible Steel pf (7). % Cuba Cane Sugar.... :llh 2% Cuba Cane Sugar,pf. 24% 11% Cuba Co. . 11 Cuban-Amer Sugar.. 129 117 CurtisPub (163%)... 118 113% Curtis Publish pf(7) 30% 29% Curtiss Wright. .. 37% 87 Curtiss Wright (A 42% Davison Chiem, 14% 222% 143 26 27% Lago Ol & Trans Lambert Co (8) Lee Rubber & Tire. .: Leh Port Cem«(2%) .. Lenigh Valley (3% )., Lehigh Valley Coal. . Lehn & Fink (3)..... 40% I.ibbey Owens G (4) 81a 25 1% 4815 % 974 40% 623 481 85 91 MI_ Liggett & My (15) . Liggett & My B (15). Liggett & My pf (7). Liq Carbonie (t4%). Loew’s Inc (2).. McCaJl Corp (4)eveea McCrory B (2). McGraw-Hill (2 IdcKeesport T P (4).. McKesson & Rob (2) McKes &Rbpf(3%). Mack Trucks (6. s 1 Mm:v(RH)Eolefl), Madison Sq G (1%).. Magma Copper (5) Man Elec Supply. . Man Elev mod (d5).. Man Shirt (2),. . Maracaibo Oil Exp... arry. Mathieson Alk (Ol) May Dept Strs (4). Maytag Co (12) 97 993, 4 213% 213% 174 17% 69% 693 | 6.5526.57. Zinc steady g 9134 .. ( m!c 140 NEW YORK, August 23 (#).—Stocks strong: United States Steel reaches| another new high at 260. Bonds firm: International Telephone & Telegraph 4%s at new high. Curb irregular; Transamerica buoyant on stock divi- dend. Foreign exchanges steady: Cana- dian dollar easier. Cotton quiet and featureless. Sugar easy; Cuban selling. Coffee lower; European selling. CHICAGO, August 23 (P).—Wheat firm; good export demand. Corn firm. bullish crop reports. Cattle steady. Hogs higher. METAL KA&KET. NEW YORK, August 23 (#).—Copper steady: electrolytic, spot and future, 18. Iron steady, unchanged. Tin steady; spot, 46.75; future, 47.25. Lead steady; spot, New York, 6.75; East St. Louis, East St. Louls, spot and future, 6.7726.80. Antimony, | 9.00. TREASURY CERTIFICATES. ported % u—:nnmg" & W. Selt & coy 13, 1929 FOREIGN EXCHANGE. (Quotations Mnhm by W. l.fllbu & Co.) Autosales Corporation Rights. NEW YORK, August 23 (#).—Direc- tors of the Autosales Corporation pm-‘ | pose to offer stockholders rights to sub- | seribe to one additional share of com- | mon stock at $25 a share for every five shares held. MONEY MARKET. NEW YORK, August 23 (.- Call v 3 7 per cent all day. Time loans steady: 30 days, 83;a9; 60-90 days, | 83422; 4-6 months, 83,a9. Prime mer- | cantile paper, 6a8';. Bankers’ accept- | ances unchanged. e Loan for Steamship Company. | The Shipping Board today approved | a loan of $8,900,000 to the American Export Steamship Co. of New York for | the construction of four new cargo ves- sels to operate in the North Atlantic- Mediterranean-Black Sea trade. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co) Afichaimers 5 Jon L 9 1535; par e B i 100% | §:x== 32 S 288! &3 o 823 B 58 ST s 3033 g22zged - LT PSS 5 33 S 2393 WS sy Commodity Notes | Special Dispatch to The Star. Wool. BOSTON, August 23.—Little medium | wool remains unsold in the territory States. Fine wools are strong. Some of the New Mexico, Colorado and Arizona clips will not be offered until the middle of next, month. There is a fair demand for Montevideo wools. Grain. MINNEAPOLIS.—The sharp advances which have come recently of cash grain have improved the outlook for the Spring wheat grower, and there seems | a likelihood that the glut at terminals will shortly be relieved. Steel. CHICAGO.-' Wire mill operations in the Chicago district. are at 65 10 75 per ent of capacity. Jobbers are reported as obtaining concessions on wire and nails. Automobiles. DETROIT.—It 15 estimated that be- fore the end of 1920 there will have been more than 1,000,000 American -utcmob_ms exported to foreign coun- tries. So far, the foreign markeis have ;munged 17 per cent of American pro- u PRICES ON PARIS BOURSE. PARIS, August 23 (#).—Prices were firm on_the Bourse toda: Three per cent refites, 74 francs 70 centimes. Five per cent loan, 103 francs 20 cen- times. Exchange on London, 123 francs 88 centimes. The dollar was quoted at 25 francs 55% centimes. CHICAGO DAIRY MARKET. CHICAGO, August 23 (#).—Butter firmer; nfln:u unclun:ed Teceipts, 10.- rece) 934 mally. Conkolidatiof of the hanks wou'd creafe an institution with resources of approximately $500.000,f Structural steel awards reported last week {otaled 51,000 tons, compared with 43.000 for the preceding week, about one-third of the tonnage being sched- uled for bridges. Contracts have been awarded by the Delaware, Lackawanna & Western Rail- road to the Pnllman Car & Manu turing Co. of Chicago for $141 all electric vestibuled molor cars; o the General Electric Co. for the necessary motors and control equipment for the cars, and to the American Car & Foun- dry Co. of Berwick, Pa., for the conver- sion of 141 coaches as trailer cars. The equipment is to be used on the New Jersev branches of the Llackawanne, which are now being electrified. A complete capital readjustment of Ithe General Asphalt Co. has been agreed upon by directors. Wall Street heard toda; Announcement of the program is expected to be sent to stock- hnldm next week. One feature of the ed plan 1is the retirement of R RriA oraterredatosk gotar e per- mit inauguration of dividends on the common, on which no dividends have ever been paid. Stockholders of the Acoustie !’!od&—g%: at $4.50 a share for each three held. Vickers Shares. NEW YORK, Aulufl 23 (P).—Shares of Vickers, Ltd., one of Great !fltlin‘ foremost industrial organ soon be introduced to the Amerhcn mu“kek it is tmrted ln > wfll fl!st he traded on lhfl nge and then on me Stock