Evening Star Newspaper, August 29, 1929, Page 14

14 w3 FINANCIA THE EVENING -STAR, WASHINGTON, D. C, THURSDAY, AUGUST 29, 19%9. FINANCIAL. D. C. DEPARTMENT ‘ | [RAILS AGAIN LEAD 79 Abitibi PEPDI(S). 5 8¢ Southern Rwy (8). 153% 154% 159% 101 Abraham & Straus. 2 130 4 48% A% 48% Southern Ry pf(5) X 97 97 750 389 Adams Express (5) 580 580 20 224 220 220 04 Sou Ry M & O ct (4. 20 120 125 Record Business Reported,| 104 27, Advance Rumie 3 DelLack & W (11). 240 164% 180w 163 Minmourt Pac bt B ] B e S Cnimeian:: 173 1% & | Market Absorbs Heavy Sell- 2 5 1% R 5 Mohawk Carpet 12 Spencer Kelg(1.60).. 4 4% A1% : : . With Local Firms Lead- 964 AIrR 2168 H Mont Ward (2%) HYl 4 2 “38% : 4 . 2 : % 8 Moon Motors. & 5t WigerRs Ly M o s ing in " Pre-Holiday f i ? P (T Drug Corpn (4). 196 y Stand Com Tob (1), & 16% 15 i ing Other Cities. , 4 : Du Pontde N(t4%). 80 2141 212 212% 3 5 3 2 " Stand Gas & El (3%4) 496 16215 145% Closing of Accounts. . H . Motor Meter G & E. . 62% Stand G& Epf (4).. 1 — 27% Alleghany Corp.. “ ) BAR A ROaE . 203% 2 % Motor Products (17). E 64 Stand OIl Calif (13). : = Department store sales in Washington % 954 Alleg Corp pf (5%). Eaton Axle &S (3)., 4 b " BLOtOR WIaeli(4)s " & Sana OINT (12) : 4 BY STANLEY W. PRENOSIL, for the first seven months of 1929 | 118 100% Alleg Cpfrets(5%). 114% 1144 % Eltingon-Sch (214).. 6 Mullins Mfg. . . Stand O1I N Y (1.60). 400 g Assoclated Press Pinancial Editor. showed a greater gain in sales than the | 86' 82 Alleg C pf (5%)xw.. *B2% B2n B2 Eitingon pf (6% , h Munsingwear (13%4) 4 Stand Plate Gla y 3 z 4 average of 523 stores in 229 cities, as| 85% 83 Alleg pfrec 6l xw.. 825 8214 RIS AU LIte 18y, -, 2 Murrav Corp (a3). .. ? Sterling See (A).... 184 g NEW YORK, August 29.—The rail- compared to the first seven months of | 3¢9 241 Allled Ch & Dye (6). 344 34T i 2 Myer(FE)& Bro (3). h Sterling Sec pf 11:20. g road shares again furnished impressive 1928, but for the month of July the 125 120% Allled C&Dpf (7)., 121% 121% . 3 Y P N Stewart Warnr(3%) 66’ leadership in' today's stock market, stores in this city fell below the average [ 330 166 Allis-Chalm M¢£ (7) 311% 311% . ElecStor Bat (5§).... 6 8 % Nash Motors (6), Stone & Webster.... 203 Y 176% G - for the country, showing a decrease| 11% 5 AmalLeather.... Ol e souTB atA 73 Studebaker (36)..... 7 Fral i an o 3-;‘“! 1 to 10 from last July, according to the Federal | 42% 22% Amerada Corp (2) 27% 28 9% y Submarine Boat..... points to new high relords. Buying Reserve Board's report today on sales.| 23% 10% Am Agricul Chem (#i). 2 SunOll (g1). ... 1 P i M Vo The percentage of increase for the| 73% 40% Am AgricuiCh pf. % 3 Natl Biscuit (1834).. 105 Superior Oil (new) T S aacacter Swiih ¥i(lie M roodt first seven wonths of this year in Wash- | 148% 110 Am Bank Note (13).. R 237 9 Natl Cash Reg A (14) 86 3 Superior Steel. 4 public utllity and chemical _ shares ington was 4.3, as compared to 3 per| 73'% 40% Am Bosch Magneto.. 65 65% R Natl Dairy(c1%) 87 4 Sweets of Amer (1).. i STONIng esveral Dolutetfar’ sirenglh cont It the ngieente Tecut all sensrtiti 45 Am BrakeShoe2.40. & 581 58 591 281 Nati Dept Stores Symington A : Yhile the stecls, motors and' coppers stores, the Federal report shows. Wash- | 34% 15% Am Brown Bov Elec. 26% 26% F. ; R ey ington stores, however, showed a de- $ 107% Am Can (14) 362 173% 175% Falcbanks Morse (3) : 4 : 3 s 18% Telautograph (1)... e e e aking Rand elec ienl crease of 0.6 per cent in July, as com- | 1 922 3 98% 97 9T% 9 Fasn Pk Asso(k2%). 3 32 Natl Lead (5).. 2 6 TennCop& Ch (1) F | ghares were in demand in the late pared to July, 1928, as contrasted with 3% 83 88% 2% Fash Pk Asso pf (7). 9 1% 9 Natl Pwr & Lt (1) Texas Corp (3).. 160 , smmgfi‘ .m.or!n%lar vanvd 9 f'}o Fz’:& 3 per cent gain for the aggregate over 4 b ] ; % Ked Lt& Tre (31%). 3 90 9 . o 69% Tex Gulf Sul (4) 207 E States Alcohol, 7 each: American Tne the same period. £ L Fed Motor Tr (80c).. 3% 1 IS Texas PC&OIl (b5) 16 17% ternational and Atlas Powder, 6, and The Richmond Federal Reserve dis- 20% 30% Fid Phen F Ins (2).. 2 3 4 2 Y Pac Land Tr.. 5 i - 8% Am European Sec. 3 90 90 RIS ot Bl ety : e ae Tt o Westinghouse Electric, 5; Auburn’ Auto trict, of which Washington is 8 part, 5% Am & For Power. ... 146 152% : e W, B v 4 Third Avenue et B o B R 55 showed a gain of 1.5 for July and 2.6 | ;o 1% e 2 for. the firss seven mmonths. e e pwa). TE S Fleischmann (14)... Nevada Copper (3). Thompson J R (3.60) 2 points. The closing tone was strong. Sl Newport Co A (3) v " ment Biarés at the cna-of Suly were 24% Am Hawatian (1), 8 33 Florsneima Shos A, - Newton Steel (0, Tide Wat Asme pf(6) 4 o e Wl Abmsctell 1 per cent below the level of a year ago, 20 A& o . 1 Florsheim Shoe pf ; 27% Tide Water Oll(80c). 1 ; \Selins in, sdvance of the hollday g Follansbee (12%). 7% | 25 2 Tide Water Ofl pf(5. 1 according to reports from 433 stores. ¢ AmHomePrd (3.60) L O : 4 g 5 Thaken Det Ax(80e). 1 2 4 | ment was fairly well absorbed, although The rate of stock turn, explained as 3 A MITCOe S ] b 54 3 e Fost Whetlor oF . ¥ Chi & St L pt(8) Timken Roller (3 i one stock dropped 13 points, another e D L e 52% Am Internat (331... 904 Foundation Co ... e p 26 NYNH (6).0s000e0 105 1 7 Tobacco Prod 1.4 6 and a sprinkling of miscellaneous to be in Washington 23 for July and| grr g4% Am1La F & Foamite A% ! Fox Fiim A (4) 3 9R% 964 6% 95 NH&H pt (1) 1 21a Tob Prod ctfs 140, .. 12 y shares 1 to 3 points. Pool operations 1.97 for the Efl,en'mm“m | B1% 50 ~Am Metal(3). 46 72 708 Freeport-Tex 3 F 6 N Y Ont& West. . 1 23 Tobacco Pr A (1.40). 7 7 furnished the chief stimulus for the THe statistics ‘arefor atmionthiof 135 n.x". Am Metal pf (6) L 126126 g % N Y Railways pf. 2 Y Tob Prod ctfs A1.40. ™17 7 17 | @dvance although there appeared to be July, which this year had 26 business| 163 Ske Am Pow & Lt b (67, 1oms 1000 i 218 retl PN R LT TR e 5 i v Ol o At o T e as against only 25 business dayS: ‘gey 78 AmPEL LA st(5). 7915 9 .1 I:L“:x',;f_",',‘(‘?_;n) 1 b Bia 544 | Citent eharscter of the Carient cara last year. 54's 40 Am Ra&Std San1%. i 4T 4R 7! 7 L - g Nor Ger Lloyd (2. 2 [ 1 Truscon Stl (11.20).. 3 s 3 | ings statements. Chesapeake & Potomac. 64% 31 Am Republics. 39 394% Gen As; hlll“(.(fi) 4 . 7 Northern l'ac (5 u" There was no change in credit con- The Chesapeake & Potomac Tele- | 134% 106% Am Roll Mill (e2)... 124% 125 pheia Loy ¢ % ; $ 5 North Pac ct (5) - ditions. Call money renewed again at phone Co. divectors, have authorized| 4% 61 ~Am Safety Ras (16) o 68 6 e 9 B9 & s S o Vo Taa a2 5 %19 per cent, and there appeared o be additional facilitles in this city involv- | 4% 32! Am Seating (3). " Gen Cable A (4).ssnn 4 O11 Well Supply. Unton Carbide(2.60). 189 3 So1g | & comfortable supply available at that ing expenditures of $201315, bringing| _ 7~ 3 Am Ship& Com. i S el ) . 4 Oliver Farm Equip.. 9 41% 4 - e SudaiLEe figure. Banking opinion is divided as the total amount appropriated for such | 124% 93% Am Sm & Ref (4) .. et S G Olivr Fr EQpt A(8)., 2 91% Union Pacite' (163, 9 Yo whether the heavy holidsy and additions and betterments to the tele- | 138 Am Sm & Ref of (7).. Gen Kleo spec (60¢) v 3 Olivr FrEpcvpt(3). 20 5% Ut ArerattaTres . month end demands will send the rate phone system in the District this year i o wad Gen'l Food Corpn (8) 2 Oppenheim Col (5)... 8 73% i Utd Afrcraft&T pt .l;elar.lle{r e e‘:;rh}eltherrsumclu;z funds will ‘to $1,685,230. 9 Gen Gas&El A (e1%) 5 Otis Elevator (§, 4 404 9 Uta B ere for employment over The facilities to be provided under| 4% 71% Am Sugar Rfg (6) s um-um...*.. Sy Ot Steel, ™ 5% Vearan -t 49 |the three-day holiday to bring about this appropriation include the installa- | 111 104% Am Sugar Rfg pe(7). Gen Motors (13,307 S s Owens 111 GI s Utd Cigar Stores(i). 3 a recession in the rate tion of dial equipment for the opera- | 60, Gen Motora pf (1) s P i vta ¢ equi 303'5 193% Am Tel & Tel (9). pf (7)... 23 3 td Cgr Stor ctfs(1). 5 Irregularity at Opening. \'gv'n _%(“m}l“fé‘r‘uger irxlxe;ar:gaixt)lg‘r;n:nm 199% 160 Am Tobacco (8) 3 ((‘:ev\ Outd Ad vte (2). 7 9 l:nc:nc Gas&E (2).. 69 90% Y i Utd Corporation. 164 6 4 Further irregularity developed 1 the the National, Metropolitan and District | 197'2 160% Am Tobacco B (3) 2 195% 202% 2614 GIRErH . ! Tatisonenre % e 200 U R e coataThe | Stock market at the opening today, but 2 - 160 136's Am Type Fdry (8) 155 165 $ e : S Slectrie Coal( * 34% | v 5 central ofmices, and_ for_additions. to | 5, 1632 Am Water Wis iei). 167 109w 388 Gen Refrac (14) 1 81 1615 Packard Moto 5 9% Utd Froft (€4)...... 20 12 el e vy Ao Throtghout the ‘clty. Also, additional 97 Am Water W 1st(6). 100,100 e aT ot ) 228 ot B AP : b ; D Cae s L) 20 B e £3 | Adams Express opened 5 points higher underground conduit_and cable will be | LA L o WS 6% Glidden Co (m2) . ... 5 5 9 Pan-Am Pete B..... 2 2 brr o i ipL R T o e e piaced in the Wesi, Georgia and Cleve- e o Gobel (Adolf). 5 g Paramount-F-L (3). 19 | 12 & & Foreign Secur. 37 618 66! ['Sfscy ehoue s e e " he board of directors of the Chesa- 224 Am Zinc LA&Sm. ... 28 264 26% e At (. % g B (et (00) : SAmorsecutif). 5. 904 | points, Union Pacific 2 and Utilities peake & Potomac Telephone Co.. in- gl it Lo o b B R LB o Goodrich BF (6) § 7 Pathe Exchange ALi 3 18 815 19 | 497 7 " 1 131" Power and Light 1. American Tele- cludes: Charles J. Bell, E. C. Graham, H Ry oA 3 . Goodyear Tire (5)... & 7 Patino Mines (3.89).. : ” S phone fell back 2% and Canadian John Poole, B. F. Saul, Lloyd B. o Goodyear 1s . 4 22 Peerless Motor Car L 2 30q 2 St Son, Marshal D. S:dam, Philip O. Coffin, i i Y ; - sl oAU : PR E RO 15 : 22| Some of the early selling was inspired and D. S. Porter, Washington, and Wal- 29 Arensr-DansMi(2). .. % Graham-Paig: 19 23 % 21 i'enn Dixfe Cement. 5 27 7y, | Dy fears of another large increase in ter S. Gifford and Eugene S. Wilson, | 84% Armour Del pf (1) 3 8T Graham-Paig > y 21 Penn Dixle Cm pf(7) 1 53 3 3 | o 8g | Federal Reserve brokers loans, which New York. ] 10% Armour 111 (A). . Granby Consol ( 51 7215 Pennsylvania RR(4) 4 108y | 7 ‘ T :fiul’%‘fiefllm%‘;’nc&d _ar‘ler i oseet BitlieissanasDIviaEoas: 5's Armour Il (B). ; Grand Unton. 4 Pere Marquette (18). 249 . 3 . The decision of the stock 1 70% Armour Il pf (7 Grand Union p! . 2 7 2 Pere Marq pf (5). 4 94% Ref (3%) P | exchange governors to suspend business At a regular meeting of the board | 4 e Granite City Stl (3). 9 5 ’ Phelps Dodge (3) 9 3 It Refpf 3% 15 iy on Saturday and grant the petition of of directors of W. A. Sheaffer Pen Co. a 4 4 Grant WT (1).. 5 i p * Phila& Read C&I.. 9 5 5 Steel (7). 6 25 5 600 members for a three-day holiday ::v:fieng olts‘lsoper s}:snre andhm extra | 200 16 Grt North pf (5).... 23 247 25 2 Philip Morris (1).... | 3 3 V:xsomx‘nspued heavy profit taking. Ear'y vidend of cents per share was| 4 Grt N ke . Phillips Pete (1%).. 8 s L 7 | declines as a rule were hel declared, making @ semi-annual divi- | 292 195% Atch T& 89 (10).. 107 S e N O ot S t T 274 Plercearrow Arb ; | "85 1 ; OF two, the list Including American Gan: dend of $1.50 or an annual rate of $3| 500,01 169 Atl Const Line (110). 4 1§5% 195% 195% ¥ 2 % 36 3 7l 72l Plerce Arrow pf (6). 2 2 | J : Westinghouse Electric, International per share. It was declared on stock | “ge;l “g51. At1G & W Indfes.... 10 % Greene Can Cop (8). 7 R Plerce Oll. ‘ Telephone and United States Freight. of record of August 26, payable Sep-! gl\* (2% RUGE WLt (dy,. Grisgby Grunow €o. 105 5 6 4 Dlerce Petroleum V. Operations for the rise were resumed tember 15. The first of the year the| 77i §3it A(l Refining (12).... 79 67 66% G6% 66 n Pillsbury F1 (123) «+ 1 . : s with considerable vigor in the railroad ::E:“;:cfir:’;f share and 50 cents extra | 115" 90 Atlas Powder (4)... 3 % 31% Hahn Dept Stores. .. 36 3 :":"f::’"‘i: A 3 LT 81 | gggpbuikegll:l;zr:‘f/n%‘} :\lmlr preéemg National Department Storgs, Inc. re- | $4,2 221 Auburn Auto (16) AR AR T r(si 18 o Pittsbgh Screw & B ‘ ’ i e Union Pacific extended 1s gain to 35 ports for the six months énded July| gzgie 2914 Autosal : Hartman B (120) Lok PoOr & Co (12)...... 8 3 v . points, duplicating the high of 2047 31 net sales of $33,286,703 and ap-| 50 391 Auto-St 1 40% 4 Hawailan Pine (2)... 9 P Rican Am To (A)7T 5% o % j established yesterday. Pere Marquette D P TALts e, | 30 16 Aviation Corormial o B R e Erairie pipe L (1311 1 | frante st cBe sear's lowot 100 fackn D . B — o (7). 9 7 g . 2 i Wabash pf A (5) 3 it setia o, - Lacl Ve lar quarterly divi- % P 5 Pressed Steel Car. Vi a1 - W . SV e e e B e the ut- | 271% 210 'BaldwinLoco (7)... 65247 247 247 P e = 3% | 58 Proctor&Gamble(s VERTdoET Sxuim T3 ) : B ihen PaA Shperd e e standing capital stock, payable Septem- | lfi"- l‘l‘il’i: ;;:1;::1‘-014:‘?‘&‘-;"% 1!]!7 5 1§z~ ‘%“a Holland Furn 4’.:%): 2 4 Prod & Refiner: 1 e 5 &:i:'g.l:,:.::;” |1 to 3 points. e S seve ™ 9 NJ s - y 4 = | e a2 10 ggcktiolders of Tecord, y(r.. 128w Balto& Oblofp (6)y 2 140 140 L L ] } e e Warners Bros P 13% 1 i 60 | Farly Gains. il 88 643 Bang & Aroos (3% )., 8 85 : b L I o 9% 105 Pub Sve E&G pf(6) o NeannEeaEt o Stone and Webster jumped 5!; points D. C. Exchange. 49% 33 Barnsdall (12%). 38U 394 Household Prd (18), . A ; Pullman Corp (4 ‘ A e Quliania). 8 to 182, a new high record. ~National Trading was active on the local ex- | 827 20 BeaconOll 29 29 Houston 01l 3 3% 77 Punta Alegre Sugar. 9 ~Warren Bras (15). .. 9 Biscuit was again heavily bought, change today, principally in stocks. | 110 93% Beatrice Cre 109 111% Howe Sound (1434 6 | Pure Ol (1%)... Wérten Edty & Pipe quickly rising more than 3 points. Capital Traction 55 at 9415, Washington | 105 105 B'trice Cream pf ¢) 106 106 103 Hudson & Man (234) . . Purity Bakeries (4).. 30 e | National Lead. Standard Gas & Elece Gos 65 A at 1011,8102, with last sale at| 847 81 Belg N Ry ptuf f| 834 834 OB M br (L, . - . o )= it . Webster-Eisen pf 5 S trie, General Cable A. Fox Film and 1011,; Washington Gas 6s B at 103%,a | 1044 78 Bendix Aviation.(2). ’ Hudson Motor (5)... 2 Radfo Corp. ... . Vool & Buowi). 344 | ican En-austic Tiling sold 2 to 3 10415, and Washington Railway & | 100% 75% Best&Co ). jy.... 1 Hupp Motor (£2). ... 3 t Radio pf A (3%) 1 RSO Supn ey ot gher before the end of the first Elcctric 4s at 85%, comprised the bond | 140% 824 Bethlehem Sted1 (6). . : O Radio pf B (5)... 5 ik b w 34% 30% | poif hour. g Hitoover adisod 123% 116% Bethlehem Sty (7). 3 . e i ok i AT 3 5 3 estern Marylan, " st | N exeanEs GneneAIS A Mergenthaler continued active at | 136% 110% Bohn Alum&Dr(t4) OATeRd O G Ty : 7214 R R Sec IC stk C(4) b bt 3% 35 | Sterling Cables uncl 3 ; : &G . S : 56 WenemERItEr Sterling Cables unchanged at 4.84 25-32. ) 2 11% 6 Booth Fisheries. 2 5 2 3 % 105. Peoples Drug Store preferred, 0 34 Borden Co ( Motor Cycle.. Railway & Exp (2).. % 5 Western Unfon (8). . oy ( The pound sterling was quoted below came out at 1201, and Woodward & 1363: ?,T:: e el T e 3 S Indian Refining. o 1267 + Reading (4) 8 12 5 3 1 Westngh Air Brk(2). 47 4 ¥ “&21, | the “gold import™ point at Paris today. lo:l.xroprpretfxerred at 107, up a point | 0o o0 oo ton & Misin B Indian Refining ct. .. el . 9 Westngh E1&M (4).. 164 i e and a fraction. 2 Ingersol Rand (t534) 71§ 20 g 1 * Weston El Instru. z 3%, \ " 3! 30% Bri Mfg... . 3 435 Capltal Traction was active, ranging T 3 Iniand Steel 33%)... % 106 107 o Westvaco Chlor (2. 52 33+.$500,000 TO BE SPENT from 931, %, while shing 1363 115% Bristol Miyers(t4% ). £ nSpiration (4)...... 5 : White Motor (1). . 815 2% ON BALTIMORE PLANT Railway & Electric preferred went.at 6% ~ 3'a British #mplre Steel . " Interboro Rap Tran. 2 2 1 White Rock M 8 (3). 93. Federal-American National Bank 1315 5% British F.m Stl 2d pf. Intercontinental Rub g 3 - i o % Wilcox Oil & Gas. . 1 2 3 BALTIMORE, August 29 (Special).— sold at 329. 73% 3915 Brockwiy M T (3) 2 a1 Intl Agricultural. .., Tl 2 6 ge):o{:! g};flsn(h;-“). 5 1 7 Wilcox Rich(A)2%.. 5t % | The Richfield Oil Co. of California has Heard in Financial District. 81% G57% Bklyn-Yianhat (4) 604 69% 591 Intl Business M (6).. 2 7 5 BT WeatR 98 : Wilcox Rich B (¢2).. 12 43 27 invaded Eastern territory on an exten- 9 2481, 170 . Bkiyn Vnlon Gas ¢ 391, 23015 23S intl Cement (4). 7 5 ’ e e : s 5 Willys-Over (e1.20). 2214 sive scale and will locate its biggest John Poole, president of the Federal- | %78 100, pr Ve ol BT A 0 3 37 87y Hy Intl Comb Eng (2). 4 6 % Richfleld 011 3)..... 3 2 Willys-Over pf (7) 5 5% . 95% | terminal 1 ana Tin ) n National Bank, is expected to 3 2 e Intl Harvester (2 3 % 7 2 Rio Grande Ofl (k2). 7 2% | terminal or oil and gasoline supply Fotn in a fow days Trom & business| 44 18 BrunwTer&RyS. 18 18% Tnt Hydro Bt A (o) b ; Ritter Dental (2%).. 2 Wilson & Co A 7 T depot _at Baltimore, it was announced 42% 25% BucyrusErfe (1). 30 301 o - 3 | 4 ;. 7 here yesterday. More than half a mil- trip to New_York. 1 & 3 Intl Match pf (3.20). 3 Rosasia Ins (2 20). 1 q Wilson & Co pf.... ; 6313 63 3 Charles B. Lyddane, vice president| 30, 3% Ducyruscvef 2% = o Int Mer Marine ctfs.. 9 " Royal Bak Pwdr (1) Woolworth (2.40) . % lon dollars ‘willbe’ the nidAl invest= of the Federal-American National Bank,| 53" 33i Bupns Bros B, .. . Int Nickel of Can(1). 163 Roy Bak Pow ctfa(1) ! : Worthington Pump. . i, & | [OenUiere InREERCcRlp Myt whiiol il is on vacation in Pennsylvamnt. €97 621 Bw'r Add Mach (80c) Intl Plnt;Al:.“). ' Royal Dutch (23.20). 180 Y Worthington B... 88 ;xm;m;m;;g“:s the business of the P. J. McMahon, assistant treasurer 914 54 B D 3 4 & B, 22 | e Wright Aero (2). 4 135 L of the Munsey Trust Co., who has been | Sgi% 5314 Bush Term (82), . 2 : Safeway Stores (3) 1. 12214 Wright Aero ctfs(2). o 1541, The company aiready has acquired & spending his vacation in Canada and 37% 37% 0 Ilw:t‘l l;-lv &ll’:rn 7 7 5 gl -Lo;enhb_wa ;;l | 807 Wrigley Wm (4) 2 7% | S l; l‘:i‘!lg‘ ample \:aler !‘r‘t’m;:zt: hi:u‘ t Atlantic City, and T. C. Willis, secre- : 4 4 3 38 3 ntl Print Ink (2%).. 3 9 58 | t L-San Fran ( 3 31% e sl | and buflding operations wi g/ a Tary of the same institution, who has| 152 120% JiYers (AMD . carees e Int Tel & Teleg (3) « 139 St L-San Kran pt ( 5 94m 9 YilvhTorneitir: &5y | fortnight. Baltimore will be the princi- been on vacation at Virginia Beach, are ! o Inter Dept 8t (2). ... 5 St L Southwestern. . ; 5 Yellow Truck & C. ; 361, | Pal point for receiving Richfield expected to return Tuesda Investors Equity(2). 5 65 51 | Savage Arms (2). 5 3 Young Sp&W (+2%). 29 56% g 551 | Products from its refinery in California . i nzv. 7%}4. Cll}f.rlckmzll <o 108 843 2 Island Creek Coal(4) 1 50% 503 5 | 0 | Young Sheet & T (5) 2 166 166 - | and the company will erect extensive Zinc & L. 1Y 1% — - CHICAGO LIVE STOCK MARKET! A H facilities here for that purpose. & Ariz (10). 9 129% 1291, 1297 4 Jewel Tea (3) 19 71w P Seaboard Afr Line pf 25% e e ik lumet & Hecla(4). 20 4615 47 L " i Ie - y Sears Roebck (32%). 69 75 Zenith Radio (2).... 6 44 “n SR CHICAGO, August 29 () (United 16 881 89N v i S e - S M 4 Benota Coppie 3 y RIGHTS EXPIRE | AMERICAN TOBACCO RIGHTS. States Department of Agriculture).— Canadian Pac (10).. 31 232% 234% 3 Servel Inc....... Coty Inc.....Sept 20 %| NEW YORK. August 29 (#).—The Hogs—Receipts, 18,000 head, including Cannon Mills (2.80).. ;18 44U 4% Kan City Sou (5) Sharon Steel H (3). Glidden Co...Sept 11 %| Aridrican Tobueeo; Cguhu flered hold 4,000 direct. Market mostly 20 higher; Cage (J 1) ctfs (6) 330 330 8 ; 64 Sharp& Dopf (334). 4 MacyCos. . Sentis g1 | American Tobacco Co. has offered hold- top, 11.85. Bulk, good to choice, 160- | 4214 19 Cavanagh-Dobbs. % 18% 9 Shattuck F G (2). 1 Murray Corp...Oct1 & | shares Tights to purchase 390,583 addl- 210 pounds weight, 11.50a11.75; 220- Celotex (3)... - 3 ' Shell Union (1.40). Stand Gasrts Aug.31 229 % 6 | tional ,h?“.,s at }’125 each in the ratio 240 pounds, 11.00a11.50; "“'”2‘5’3“;’% I L 1 K. Simmons Co (). LR o sl (G of one share of class B common for 10.35a10.70. Packing sows, 9.00a9.65. 5 Cent RR o . 4 % G Simms Pet (1. Sales of Stocks on New York Excha Buitchers, medium to_choice, 250-300 8% Cerro de Pasco (6).. 25 95 FUEEI T 154 155 SinclatrOil (12%) 10:30 A.M. G000 13O Mo e pounds, 10.00ai1.15; '200-250' pounds, | 8% 164 Certain-teed Prod, 3 < Kimberty Clrk (257 Sy Skelly O1l (2). 130 P.M........ 2,326.400 2:10 P.M........ 2,684.500 | rights expire October 1. At current 10.60a11.85; 160-200 pounds, 10.85a 4 - Kinney G R (1). 6 T 54 Sloss Shefeld 1 5 Dividenc SiSoEiven in the above table wre the annual | market prices, it is estimated that the 11.85: 130-160 pounds, 10.25811.65. 8 Kolster Radio. 4 v i Sloss-Sheffield pf (7) ' ¥ “n-xu.h“;::m-nu based on the latest quarterly or half yearly dec- , rights have a value of $24,000,000. Packing sows, 8.6029.65. Pigs, medium . 56 Kraft PhCh (134)... 72 5 3 3 Snider Packing pf 2 107 sURIt of trading less than 100 shares. +Partly extra. fPlus s et to choice, 90-130 pounds, 9.50411.00. Kresge S S (1.60). ... i 5 Selvay Am Inpf 5 o :- % In stock. 3Plus $3 in preferred st TPlus 1-25 In stock. Cattle—Receipts, 8,000 head; calves, - Kreuger & Tol(1.34). 3 5 So Porto R Sug 12%. 35% fnr:xgc imx F{ no r:;.uhr et b Ps % 5% SHORT-TERM SECURITIES. D . 83 y - = 2,000 head. Market slow and steady . r Gr&Bak(c1). 28 Southern Cal Ed (2). 114 83 83% in, stock. d le whep earned, 2 e on steers; yearlings continuing fairly n pf. i —— Southern DairlesB.. 2 % T% B R 1 ok KONy us 2 _ (Repofted by J. & W. Seligman & Co.) active; in-between grade steers pre-f $io 38, GG PRTL P . o % 2 i Allis-Chalmers 5s 1937. dominating. Early top, 16.35, paid for, b eRIngas Ehs biockUtastalis: e 7 £ EARNINGS REPORTED. FOREIGN EXCHANGE. gish. _ Slaughter classes: Steers, goofi | 197" 98 it PreuTool. oeerre 4 Leh Port Cem (2% Markets at a Glance NEW YORK, August 29 (#)—The | (Quotations furnished by W. B. Hibbs & Co.) and cholce, 1,300-1,500 pounds, 13.00a| ggs, 4814 Chi Pneu T pf (3%). 46 1% Lenigh Valley (33 Butterick Co. reported today that for l::;gén,vgrm:d’scmm checks 16.75; 1,100-1,300 pounds, 13.25a17.0/0; | 14274 115 Chi R I & Pae (7).... 101 140% 141% 854 Lehigh Valley Coal.. the six months ending June 30 its net ugees 3eagar- 950-1,100 pounds, 13.25a17.00; comm/on | 10274 98% Chi R I & Pac pf (6). 9915 9915 . Leh Val Coal pf (3) NEW YORK, August 29 (#).—Stocks | profits amounted to $439,247, compared . s and medium, 850 pounds up, 8.50a13,25. | 108y, 105% Chi R 1& Pacpf (7). %% 106% 106% Lehn & Fink (3) strong: Auburn Auto advances mearly | With $432,227 in the first half of 1928. Fed yearlings, good and choice, 7504950 | 50 '* 36 = Chickasha C Ofl (3)+ 36 36 5 Liggett & My (15)... ) 3 % Paut | FOr_the quarter ending June 30 net pounds, 13.25a16.50. 66 Chrysler Corp (3)... 9! % T1% T1% Liggett & My B (15). % 5 4+ | 40 points. Bonds irregular; St. ul| profits amounted to $302,673, equal b 1193 gudmgo;::;lg:.é; 1594:l s Heifers, good and choice, 850 pqunds % 49 CityIce& F (3.60).. 565 567 Lima Locomotiv 2 | adjustment 55 at high record. Curk|to $143 a share on 210,791 shares, as | 4Tens drachm 193 S| DR EweRliin R0 e down, 13.00a15.50; common and 'med- 18% City Stores (1)...... 41 18% % Link Belt (2.60)..... 2 2 215 | jrreqular; Aluminum Co. drops nearly | against $136,574, or 65 cents a share, in {14069 H Edison, Ei. Tllum. Bost. 4155 ‘30, 8 ium, 7.75a13.50. Cows, good and ¢noice, 4214 Cluett Peabody (5). B Liq Carbonie (14%). 3 % 83% |25 points. Foreign exchanges steady; | ihe preceding quarter, and $206.983, or | Bud: 8.75212.00; common and medium, 6: 120% Coca-Cola (4) 841 +48%" Loew's Inc (2) 61% ! Sterling easy. Cotion higher; unfavor- | 98 cents a share, on 210,785 shares out- | i 8.75; low cutter and cutter, 5.50a6.75. 46% Coca Cola A (3) 46% Loft Inc. ... 5 8 8 |able crop advices. Sugar steady; im-, standing June 30, 1928. Gopenhagen Bulls, good and choice X Collins & Atkm 5 1 Long Bell Lumb A 2 24 | proved spot situation. ~ Coffee steady; | Profits of $123391, equal to 53 cents | Qule, trown. oo 11.00; cutter to ‘medium, 6.7589.00. 80 S bollise & Atkepei(3) 2 4 N N aayy--12 . ST\ | Brazilian support. | snare on 231,900 shares, were earned | 3 5 Colo Fuel ron. e by the Warren Foundry ipe - g = Y B0a17.50; meduirn, 150081 00: curl| 98%h o : | cnrcaco. August 29 (m—Wheat | oration ‘and subsidiaries of Wharton, DIVIDENDS. and common, 8.00a12.00. Stacker and % % % LouG&E1A (1%).. 2 firm: smaller country offerings. Corn | X" 5 “for the six months ending June 3 feeder steers, good and chofce, all e A ) 50% | & frm cash “markets. Catile |36, compared with a net loss of $45.864 | cororauan, 583 mate. E0E oSkl Ve 212.75; ‘med- k ! ; % 894 months of 1928. ; - Rete- : . relhts, 1075012.1; common,and med i BT I S Ludlum ¢ of (6%). 1 110 o AERATS PN income of the Perfect Circle Co. [ ABo " Faory3 Mg Gt} gez: - s s . 43 Com Credit «2). «re B 48% 48% % | ywn, Ind., for the six months 3 2 ML syt e LR 181% Com Inv Trust 20214 206% MeCrory B (2 ; y BUYS REFINING CO. o Hageretomn, I ronted to $105704, | Bl Atohts 8 B Qo . i35 13.00a13.50; & few closely sorfred lots to 2746 Comiay Tisy - 160 "66% 63 63 McCroty pt () 5 | NEW YORK, August 20 (#).—The |squal to $3.05 a share on 162,500 shares, | Beechnut i 75 et : c Co. 8 i B! ~ outsiders, 13.65; rangers, oheold: - fat McGraw-Hill (2),... 1 o g % | Shell Petroleum Corporation, it was an- | compared with $330,887, or $2.04 a - 50 Sep. "12| Wheeling Steel Cor 90t SR R T e e 63 65 Melntype Pore M(1). 1 nounced today, has purchased the West- |nare, for the first six months of 1928. | “Cor lciass 'a" e iR ARG RrorEy steady. Lambs, good and .choice. 92 5 5 McKesson & Rob (2) b 7 .- ern Oil Refining Co. of Indiana u“‘ - | A Draper Corp. X g jum, . which operated more than 200 fil | Equitable Finai ey B3 00y wull snd camgnon. 7308 | 2! e ; oK D PT%) . ) ! stations throughout Indiana and Ohio. | - METAL MARKET. Cal Class A 30 Sen. : NEW YORK, August 29 (Special)- 11.00. Ewes, medium to choice, 150 ' MECETSNIE) ;oo 1) i The purchase was said to have been YORK, August 29 (P)-—Capper | 05588, W, Helrié B et L gt Re Toinwith drana . ASeMS pounds_down, 4.0085.75; cull and com- | W 2 = e . | for cash and to have involved several | NEW YORK, BRSSP QOG- ilie | orem’ ity s & i - 14 | OCufs ‘attached per 100 R M.: 69.00 mon, 2.50a4.50. Feeder lambs, good and 4 9 99 99 99 Magma Copper (5). . millions of dollars, but the exact amount 18: ifon steady, unchanged; tin quiet, | Honolulu Congoli- 50 Bep.18 Bep, s | OO0 Red Loan without draw= 0 o o8 choice, 12.75813.85. : 53 5 2 was not disclosed = e as a part |SPot, 46.12; future, 46.62; lead steady, | percules Fo K : ; (Quoted in dollars per miliion, marks.) " e - 12 T e ot axpansion of _the | spot New York, 6.15; East .St Louls, | Imporis! Zibaceo b AR 3552 1 o of the program of expansion of the | gii,g7" sine steady; East St. Louls . ; . 6| Gerasn Gen Elect ‘41ss pr: CHAIN STORE REPORT. %0 Man Elev mod (d6) ». ‘?}:fllh oo 'm"" "““m,mmu spot and future, 6.80; antimony, 887.| do ¢ par 8A % " (§ | German, Gen Eiect 4133 1o NEW YORK, August 20 ()—Al 2 Man Shirt (2)... % e Yo o DalianT aress : : i vz lines of chain stores, department stores 56" Contl Bank MY 1305 20 Marwer Scy or s — CHICAGO DAIRY MARKET. oral Reacive district showed increased 60 Contl Can (3%). : % MONEY MARKET. cmicAG, . August 20, (P Butie ¥ steady, rece , 1,8 s e et the Peccral Teseive. agent. at 13 Gont Mators (d0e) , i e A ! g At o day- Tume | 3ias, 437 wandaras, 4234; extra fir 13 on o i leson e2).. g A 42; firsts, i Niw Vork reports in the Sepfember 1| 114 82 ComProacssis L 1081 1094 May Dept Stra (4)... 2 ns: Steady; 30 days, 83,-9; 60-90 | 3% 8, 25 00 Gtendy: receipts, 7,130 A By w 51 Coty Ine (g2).. v 53 " 7 Maytag Co (12). 1 6t | days, 894-0; 46 months, 8%-0. O os: peices EckADged: tons in the district. 83 Crosley Radio (31) Maytag Co pf 13). commercial paper, 6-6Y;. ers ac Y - 2 % Mexican Seaboard. .. ceptances: Unchanged. RTIFICATES, COPPER SALZS INCREASE 85 Crucible Steel (5). ; Miami Copper (4). 6 —— TREASURY CE 3 Buear ~ . d % Cuba Cane Sugar 4 ¥ “ i e L i Buys Two Locomotives. Reported by J. & W. Scligman & Coo - Sheafter Peri/ e t 20 (P)— : -Continent P (3). a 1 : X Cugg;wnenygxtlfn'&ggl‘:nlet lor(‘?oth 1 ' Middle States Ofl.... NEW YORK, August 29 (#).—Ameri- £33 Beptember 2 332 Efl:}% -‘p-mg"?m & copper and lead, on a large scale, the| 6% 2 Cuban Dom Sugar... 1 % Middle States Ofi'ct.. 7 2 W 2% can Rolling Mill Co. has ordered two December 1 . Sa3sa3 203043 past week's buginess being greatér in| 67% 49 Cudahy Packing (4). 14 Midland Stl pf 110%. % | oil-electric locomotives to be built joint- : 3 volume than for any similar period ! 118 113% Curtis Publish pf(7) 1 Miller Rubber....... 13% 14 |ly by the-Ingersoll-Rand, General Elec- " R since early March, Engineering and 30% 284 Curtiss Wright Cerp. 150 28% 1 Minn Moline Pwr. ... 84, 34" tric and the American Locomotive Com- | § RS, "ioss 97 15-33 '87 2053 | of stockhoiders on Mining Journal! rts. 87% 387 CurtWrightCorpA. 82 Minn & 8t Louis. .. 2% 24 2% 2% panies, . Beptember 18, 1933.. each 120 shares 83e35e5 00 Sgeszess: et 52 SR CFEVS Phillips Petroleum Co. 51 ure Ofl Corp. 5izs 1937 8353833383388 5558 BY: oBasatBSR50ES w8 eutfs 8333833833388 4448324933 8 £) 8899 ¥ g20999 0000 2¥s bdatatad d 2 5 = 3 1 G Farbel Disconto Berliner Handels Dresdner Bank Deutsche Bank Darmstaedter apm enBRe.. 2 8 > ggbfl o 3885z & bhual 3 20 ooe gi2 Winnipes * tric Co_p! B EER =30 000: § 2 rod g § British Malaya expects nearly 420,000 tons o?e rubber B E i