Evening Star Newspaper, October 14, 1929, Page 14

14 #ew TRADING IS BRISK IN'LOGA'. BONDS|. Mergenthaler Linotype Alsq Active on Exchange. Financial Rotes. BY EDWARD C. STONE. ‘When the wheels of business on the | Washington Stock Exchange started turning today after the double hoiiday, bond trading was the feature, although their activity was shared by a most unusual number of small-lot transac- tions in Mergenthaler Linotype. In the bond division there were many $1,000 transactions in Chastr:t Farms Dairy 6'%s, Potomac Electric I ower con- solidated 5s, Washington Gas. 6s, Series A and Series B, and Washington Rail- way and Elecrtic 4s The quotations were around recent levels. The day's trading indicated that local investors are much more impressed with the out- look for the bond market than they. have been for some time. The last crash in the stock market caused sev- eral New York financial houses to put out more information on bonds and suggest that they may be pretty near bottom. Some of these views are evi- dently shared here. In the stock division, Mergenthller figured in the sales of 180 shares dur- ing the session. The stock opened at 103',, went to !5, to %, ‘to up to 7-7, and then closed at the h!'h for the day, 104. The largest sale was a 28- share block and most of the other sales ‘were 10-share lots. Capital Traction opened the week at 85 and closed at the same figure. The day’s sales totaled 75 shares. Several other stocks also appeared on the board at recent levels. Tel. & Te'. Report Out Today. ‘The American Telephone & Telegraph Co. gave out the following nine-month report at noon today: Nine months Nine months ending. *Sept. 30,1929. lephon ul'.ln' Teve- ues Miscellancons” Tevenues . Net earnings. Deduct interest. Balance ... $27.974.640. n * Subject {0 minor ch fgures for September are available: The great mumber of Washington holders of the stock will note with deep interest hte gain of nearly $20,000,- 000 in new earnings over the same period a year ago. Bond Club Notices Received. ‘Members of the Washington Bond Club received notices today, announc- ing the first meeting of the year, next ‘Thursday noon at the Carlton Hotel, when William * Peter Hamilton, editor of the Wall Street Journal, will be the speaker. Franklin H. Ellis, the president, and Lawrence M. Proctor, the secretary, ex- pect a record attendance. The notices state that members may take guests with them. The speaker is one of the foremost financial authorities in the country, as well asi the author of sev- eral books. His views on financial matters are being awaited with wide interest here. Secretary C. H. Pope of the District ‘Bankers® Association has notified the member banks" yegarding, the October meeting of the association, to be held nzxt week at the Willard. At this eeting Prof; Pisher of Yale Univentty will be the leading speak-i er. On account of the buffet luncheon o be served after the meeting the sec- retary has asked the member banks to in advance just how many rep- resentatives will be present. The prom- inence of the speaker is also expected to bring about an unusunly large at- - Edwa - A of the Liberty National Bank, has re- turned from t.he mnclam conven- tion of the Ame: ' Associa- tion and was back lt his delk today. He reported a most interesting session in every way. ‘The discussions on chain banking, branch banking and unit banking were the most interesting features of the convention. Controller Pole's ad- dress was received with deep interest by the 7,000 bankers from all parts of the country. The other delegates from Washington were: Hilleary G. Hoskinson, vice presi- dent of the Riggs National Bank, and E. E. Mountjoy, representstive here of | the national bank division of the asso- ciation. Both are expected back soon. Subject to the approval of the Inter- state Commerce Commission, W. H. Cloverdale has been elected chairman of the board of the Seaboard Air Line Railway, succeeding Robert L. Nutt, who asked to be relieved after nearly 40 years’ service with the the company. Mr. Nutt will become a director and act in an advisory capacity. Mr. Nutt told the directors that the refinancing plan | was an assured success and that he therefore considered it a good time to retire. L. H. Powell will continue as president and operating head of the company. Financial Distriet No(el. A report on the annual meeting of stockholders of the Columbia Build- ing Association announces re-election of the following officers and directors for the fiscal year: John B. Harrell, president; Harry B. Denham, vice president: C. Albert White, treasurer; Raymond K. Cook, secretary. Directors: Anton A. Auth, Pranklin J. Auth, Raymond K. Cook, Harry B. Denham, Albert O. Denham, John B. Harrell, C. Gay Harrell, C. Krogman, C. Albert White and J. Willlam Weber. ‘The board of governors of Washing- ton Chapter, American Institute of Banking, recently adopted resolutions upon the passing of two men who have been active supporters of the work of the organization for many years. These are the late Charles J. Bell, who was the donor cf the annual prize which bears his name, and the late Roy Neu- hauser, a past president of the chapter. Hornblower & Week}:“lre las&lng ‘- special statement emphasizing at- lmfive purchase possibilities of high- grade bonds at current levels. Says the Wall Street Journal: Scene—Crowded board room. Customer—I see a lot of new faces here this morning. Customer’s man—Yes, they're cus- tomers of other offices. They're out of town for the day. Move for Conciliation. By Cable to The Star. MONTEVIDEO, October 9.—The Uru- guayan foreign minister yesterday sent a note to the Bolivian legation offering the good offices of Uruguay to constitute a new conciliation commission -to meet in Washington. The note suggests Montevideo as the seat of tho. arbitra. tion commission if Bolivia should de-| sire to have the conference take place in Scuth America. Senor Diez de Ma- dina, Bolivian Minister, transmitted the offer to La Pa; FOREIGN EXCHANGE. Jons furnishea by W. 8 Hibbs & Co.) SQuiiae nmln.l ®old Selling checks i Footon, zound Brussels, belga Berlin, mark o Comennaeen. b e erown . FINANCIAL THE 'EVENING STAR. WASHINGTON, D. C, l'u Complete Compilation of hlfl See 5:30 um- Stock and m-h t.aw Dividend Rate, Add 00, High. Low. 57% 384 Abitibl Power & Pap 75 57% b53% 88% 79 ADIUM P& Ppf6). 3 82 Bl 101 Abraham Strauss 1116 116 84% Adams Exp pf (5) 89% ’27% Ad@ams Millls (2). 30 15 Advance Rumley. 32 Advance Rumley 1% Ahumada lead. 1% 95% Afr Reductn (14 24 217% 2124 6 374 374 5 3% 3% 2 T % 3 14T 145 6% 27% Alleghany Corp..... 97 4% 46l 118% 100% Alleg C pf rets(5%). 2 1113 111% 861 R0 Allex Cpf(5%)xw.. 1 86 86% R6's 80 AllerpfrecSi xw.. 6 86% 86l 354% 241 Allled Ch & Dye (6). 10 823 318 76% 58 Allls Chalm (n) (2). 23 65's 63% 304 29% Alpha Port Cemt(3). 3 29% 29 425 221s AmeradaCorp (2)... 1 2T 2% 73% 371 Am AgricuiChpf... 1 3 157 110 Am Bank Note (t3).. 13 15 76% 40% Am Bosch Magneto.. 15 6615 64 62 45 AmBrakeShoe2.40. 4 56 56 34% 14 Am BrownBovElee. 7 18 174 18415 107% Am Can (14).. . BL179 1784 142 1361 Am Can pf (7). 2 140% 140% 1064 2 951 95 9% T0Y 1 9% 94% 81% 3 854 6214 55 9815 199% lnflu. 104 88 uz 24% Am Hawallan (1) 10 6 Am H ther.. 2 85% 63 Am Home Prd (3.60) 3 54 38 AmericanIce (3).... 6 96% 52 Am Internat (32).... 14 8% 3% AmlLa F& Foamite. 3 4u 4 136 102% Am Locomotive (8).. 2 118% 117 81% 50 Am Metal (3) e 7 70 69% 3% Am Pjano. . . 1 6% 64 81% Am Pow & Lt (11)... 17 140% 138 70 AmP&LDIA (... 1 Td% T4% 98% Am Pow & Ltpf (6). 2 101% 101% 78 AmP&LDfAst(6). 9 81% 814 40% Am Ra&Std San 1%. 26 481 474 64% 30 Am Republics. . 2 40% 39% 144% 106'% Am Roll Mill (c2)... 50 1421 137% 74% 60 Am Safety Raz (16).. 1 69 68l 41% 30 AmSeating (2)...... 1 344 34% 9314 Am Sm & Ref (4) 11 115% 113% 43% Am Snuff (3) 1 44 44 13 58% 58 5414 Am Steel Fdy 65 Am St 4 66% 65% 71% Am Sug: 5 76% 76 1104 104 % 1024 Am Suj 2 38 36% 132 303% 208% 21 2821 224% 226 168 1 101% 101% 2172 1694% 17 15% 14% 4 34% 3a% x Zl% 15!« 12& ll7% lH'& 4 12 79 ‘ISIA\ 118t 150 521 514 45% 429 10% 10% bia 5% 0% T0% 49% 49 140 170% 164 Am & For Pw pf 1 106% 106 Am & For Pw 2d p: 199 99 31% ™ 631y 44 84 Am Water W 18t(6). 67% Am Water Wks (e1). 15 Am Wool 58% 341 Am Woolen pf. 49% 134 Am Zinc LA&Sm. 111% 85% Am Zinc pf (6).... 140 99 Anaconda Copr (7) 89% 62% Anaconda W&C (3) 79% 43 Anchor Cap 12.40). 150% 102% Anchor Cap of (834). 68% 44% Andes Copper (3)... 49% 29 Archer-Dan-M (2). 18% 9% Armour Il (A). 10% 5'% Armour Ill (B). 86 70% Armour Ill of (7 58% 45% Asso Appl Ind (4) 7 187% 187 2 84% 84 1 60% 60% 58 133 430 % 56% 56 - 2989 45% 36% Autosalespf (3).... 40 40 50 38% Auto-Strop Raz (3) 43% 43 10% Aviation Corp. Del... 1z 11y 66% 55% Baldwin Loco (new). 56% 56 145% 115% Baltimore & Ohio (1) 90% 64's Bang & Aroos (3%). 49% 31% Barnsdall (12%). 32% 20 Beacon Ofl. 131 93 Beatrice Cream ()., 73 Beech-Nut Pack (3) 9 Belding-Heminway.. 104% 62% Bendix Aviation (3). 60% 53l Best & Company. 9%, 140% 82% Bethlehem Steel (6). 123 120% 118 128 116% Bethlehem St pf (7). 1 126 89 4 85 15 100% 89% EB% 86% 59% 58 15% 6% 614 63% 231 234 37% 36% s uo 127 3 29% 29 66% 63 828 814 955, 48% 20% 40% 40% 224 2244 101 31 Atlas Powder (4)... Auburn Auto (14) 5114 Austrian Cred (4.49). 24 854 84 Borden Co (3) 55% Borg Warner (4). Botany Con M (A). ua-,. 1154 Bristol Myers(14%). 6% 2% British Empire Steel 13% 29% Brockway MT (3). 81% 5744 Bklyn-Manhat (4). 92% 79 Bklyn-Man pf (6)... 124 9 Brooklyn & Queen: 511 384 Brown Shoe (2%4)... 55% 35l Bruns-Balk-Col(3). 42% 25% Bucyrus Erle (1). 50 384 Bucyruscypf (2%4). 22% 21% Budd (Edw G) Mfg 54% 42 Bullard Co (12)..... 127 94 BurnsBrosA (8)... 39 ° 22% Burns Bros B. 967% . 62% Bur Add Mach +1.80.. 44 93% 92 8914 50 Bush Term (g2) 2 60% 60 9% 3% ButteCopper&Zine. 5 4 3% 192% 120% Byers (A M). 7 168 166 47% 31% B! 26 44% 3% % 2% (‘JII( Packing (4) 1% Cal 49% 35 Campbell Wyant (2). 98% 78 Canada DryG A (6). 155 90% 265% 210 Canadian Pac (10).. 6 220% 217% 48% 35 Cannon Mills (3.80).. 21 48% 42 79% 52 Celotex (3). b4% 48% 30 Cent Aguirre As13. 34 59 40' Cent Alloy Steel (2). 120 59% 120 88% Cerro de Pasco (6).. 9 32 16% tain-teed Prod. 26% 80% 62% Checker Cab Mfg Co. 6714 279% -195 - Ches & Ohio (10). 1 263% 283% 92 . 5% Chesapeake Corp (3) 3 81% 80l 1 6% 6% &% 8% 57 86 16% 55% 53% 38% 37% 609- 58% 7 9% 98% 1 141% 141% 3 43% 43 4 136% 134% 2 101% 101% 34 T0% 59% 17% 98% ChiR1& Pacpt (6). 34 Chickasha COil (3). 0% 54% City Ice & F (. City Stores (1) Collins & Alkm: Colo Fuel & iron.... 140 53% Col Gas & El (2). 109 103% ColGas&EIpfA6). 1108 107% 88% 42 Columb Graph(87¢). 310 57% 55 844 121% Columbian Carb(16). 7 320% 311% 62% 43 Com Credit «2) . 89 49% 4TY% 51% 45 Comm CreditA (3).. 48 48 212% 131% Coml Inv Trust 134). 274 Com Inv Trat war. 91 Com Inv Tr pf(6%). 23% Commé&Southn Corp. 441 594 Conde 19% Congole 128% 95% Consol Ga: 161 50 Consol RR Cub pf(6) 2 Consol Textli 12 Contafner Corp A. 6 Container Corp B. 47% Contl Baking A, 814 Contl Baking B 881 ‘Contl Baking of (8).. 54 Contl Bank NY 1.20.. 60 Contl Can (2%)..... 79" ContFfnsurance (2). 11 Contl Motors (80c).. 281 Contl Ofl of Del. 82 Corn Prod (1334). 46% Coty Ine (£2). 42'% Crown Cork & 8 8 Crucible Steel 15) 117 Curtls Pub (16% 80% 16'% Curtlss. erlhl Corp 37% 27% Curt Wri 121% 58% Cutl 117% 63 Cuyamel Fruit 691 427 Davison Chem 5 169% 120% Del Lack & W (7). troit Edison (8). Dlevoe & lmy A (13). ll) " 133 433 17 134% 133% 133% 133% 118% 120% 125% 125% 125% 85 . uw,. 106 Clote. Ciore 55 b4% 82 ¥l 2124 216 3715 36 3% % ™ % 14% 145 6% 4T% 11% 111% £615 86 86l 86 318 317 64 65 29 30 27% 27% 175% 17T% 140% 138'% 95 95% 94% 95 6215 64% 48 48 79 9% 164% 171 106% 105% 99 994 T4% 14N 101% 102 81% 82 4% 4% 40 40% 137% 139% 68% 70 84% 364 113% 114% 4 45 B8 5T8 66% 65% 76 6% 104 104 36% 38 2994 301% 224% 222 226 223% 168 170% 101% 101% 170 176% 14% 16% 34% 35 19 nw. |IS% llflk 80 80 T6% T8% 151 150% 51% 52 42u 45 10% 10% 5% 5% 0% 1% 49 48y 50% 51% 91 90 283% 283% 286% 1 101% 101% 101% 102 187 84U 82% 60% 62% 58% 5T% 135 428 % 8% 56% B3% 29 29 40 39% 43% 43 1y 1% 56 57 124 84 83 88% 89% 58 591 6% 6 234 23% 6% 37% 130 125 3 oy 29% 29Y% 64 625 82% 81 9% 95 49% 48 374 38% 20% 30% 0% 40% 22% 22% 52% 101 102 31 31% 924 92 60 59% 3% 3% !659. 167% 44y 217% 253 v ze.i 80l BO% 6% 6% 56 16% bt 38 58% 9815 99% 1414 1394 43% 43 135 136 101% 101% 3¢ Ton 1o 58% 56% 6% 47 63 129% 131% 1074 108 55% 55% 312% 321 47T% 48% 9% 1% 4% 1204 IZl'r- 4T 48% 0% 12 131 130% 16% 17% 27% 29 115% 116% Stock and Dividend Rate. Dominton Stre:1.20) 2% Duluth 8 S & Atl. 45% Dunhill Inter (34).. 155% Du Pont de N(14%). 39% 3L East Roll Mill (1%). Kastman Kodak(18). Elec Stor Bat 57% ‘Endicott-John 47 Eng Pub Serv (f1). 31% Efl\llllbll Bldll’“) RR 2d pf (4) Evans Auto L(12%). 44% Eureka Vac Cl (4)... 50% Fash Pk Asso(k2%). 6814 Fed Lt& Tre ($1%). 12 Fed Motor Tr (80c). 47 Fed Watr Ser A 2.40. 90% Fid Phen F Ins (2).. 62 First Nat Stores 1% 57% Follansbee (128 ) 604 Foster Wheeler (1 35 Foundation Co... 80% Fox Film A (4) 37% Freeport-Texa 14 Gabriel Snub A. 75 Gamewell Co (5).... Gardner Motor. Gen Am Tnk Car(14) % Gen Asphalt........ 141 1045 Gen Asphalt pf (5).. g?l\ 47% Gen Bronze (2). 1 Gen Electrie (16 Gen Elec spec ‘] Food Corpn (l) 70 Gen Gas&E] A (el%) 66% Gen Mills (t3%).... 91 Gen Mills of (§) Gen Motors (13.30)., Gen Motors pf (1) Gen Outd Adv A (4). 27 Gen Outd Ad vte (2). 57 Gen Public Servebs) 126% 93% Gen Ry Signal (5) Gen Refrac (14). Gillette Safety R (5) 64% 36% Glidden Co (m3) 66 25% Gobel (Adoif) 82 §3% Gold Dust (234).. 120 ¢ 105 Gold Dust pf (6). 106% 64% Goodrich BF (4). 154'% 93% Goodyear Tire (5) 98% Goodyear 1st pf (7). 28% Gotham Silk H (2%) 7 Gould Coupler. . 16 Graham-Paige. 14 Graham-Paig 6214 Granby Copper ( 116 105% Grand Stor pf (6% ) 32% 20 Grand Unfon 54% 40% Grand Unfon 63% 434 Granite City Stl (3). 144% 114% Grant WT (1).....0 128% 101 Grt North pf (5).... 122 100 Grt North ptet (5).. 394 26% Grt Nor Ore (a1%).. 200% 136% Greene Can Cop (8). 70 55% Grigsby Grunow (2). 108 90% Gulf Mo & N pf (6).. 79 55% Gulf Sta Steel (4)... 56% 28% Hahn Dept Sto: 115 88% Hahn Dept S p! 31 23% Hartman A (2) 41% 20% Hartman B (1 72% 60 Hawallan Pine (2). 68% 184 Body b8 % 138 64 ey Chocolate. . 138 80 Hershey Choe of (4). 24% 13% Hollander & Son.... 51 34% Holland Furn (e2%4). 52% 37% Houd Hersh B (1%). 524 45 Hsehld Fin pf 13.10. Household Prd (t4). 8214 56 Howe Sound (1434). 58% 34% Hudson & Man (234). 93% 72% Hudson Motor (5)... 82 381 Hupp Motor (£2) 153'% 132’ Illinols Central (7)., 39% 29% Independ Ofl & G (2) Indian Refining. Indian Refining et. Industrial Rayon. ... Ingersol Rand (16%) 178% Inland Steel (3%4)... 37 Inspiration (4).. 58% 19% Interboro Rap Tra 144 84 Intercontinental Rub 17% 6% Intl Agricultural. ... 88% 53 Intl Agriprpf (7)... 246% 149% Intl Business M (5). 102% 63% Intl Cement (4). 103% 33 Intl Comb Eng (2) 121 86% Intl Cmb Eng pf (7 ) 57% Intl Paper (2.40).... 9 85% Intl Paper pf (7) 37% 25 IntlPap& P A(2.40 29 14% Intl Pap & Pwr B, 23% 10% IntiPap& PwrC.... 23 80 Intl Pap & Pwr pf(7) 68% 437 Intl Print Ink (23).. 7% 697 Int Shoe (2%4)...... 159's 118 Intl Stlver (18)..... 78 Int Tel & Teleg (2).. 53% Inter Dept 8t (2).... 56 Investors Equity(2). 48 Island Creek Coal(4) 57% Jewel Tea (3). . uz% 152% Johna-Manvill 24% KaufmannDS (1%) 78 Kan City Sou (5). 63% Kan City Sou pf (4)., 48 Kayser Jullus (4 Kratt Ph Ch pf (6%) 44'% Kresge S S (1.60). 33% Kreuger & Tol(1.34). Gr&Bak(el), Lago Ofl & Trai Loose-Wiles (2 60).. Lorillard (P),Co 8415 Lorillard (P) pt . siana 72 1543 138% Louts & No 108% 66% Ludium St 71% McCall Corp (4) 13% Mcintype Pore M(1) 6214 McKeesport T P (4). 45% McKesson & Rob (2) 51 McKes & Rbpf(3l). 93 McLellan S pf A(6. Mack Trucks 16). Macy (RH)&Co(e13) Madison Sq G (1%). Magma Copper (§). 23% Man Elec Supply.... 31% Man Elev mod (d5).. 25% Man Shirt (2).... 11% Maracaibo Oll Exp.. 20 et St Ry pr pf.. 69% Mariin Rock (13%) 374 Marmon Motor (é).. 424 Mathieson Alk (e2) 78'% May Dept Stré (4) 19 Maytag Co (13)..... 87 Maytag Copt (3).... 20 Mengel Co. . 21% Mexican Seaboa 30% Miami Coprer (4) 85 Michigan Steel (13) 30% Mid-Continent P (2). 1% Middle States Ofl. 1% Middle States Oll ¢ 225 Midland Stl pf(113). 9% Miller Rubber. 25 Minn Molin $4'5 Minn Moline pf 2 Minn & St Louts. 35 MSIP&SSM. 681 M St P& SSM 66% 42'% .Mo Kan & T 107% 101% Mo Kan & Tex pf(1). 101% 62'% Missour! Pacific ll'l% 120 Missouri Pac of (5). 60 Mohawk Carpet 12§ 76 Monsanto Chem Wk 287 'l’% 121 117% 54% 54 156% 81% 6% 60% 31% 21 Mother Lode (406). . 12% Motion Plcturs 14% Motor Meter G & 80 mm‘ufl um Sales— Add 0. High, [ 111 117% lu\\ 1 19 e a. ® e mONanToNERaSEafinasneamue kB uRo~SeansS o an- 51 olide o BN A T DB N a1 N i 385 Sl 192% 188% 139 Prev. . Close. Close. 34% 34 15 113 189 32 189% 32% lll% lll% % kM 51 BI4 2% T4% 90 . 90% a4l 100% 100% 4% 4% 1w, 1 8% T 8% 84 120% 121% 107% 105% 368 373 1% 1% 62% 64% 99% 100% 10% 17% &7 86 105 106 224 244 44 a3y 51% 55 134% 184% 116% 116 114 114 30% 31% 179 1764 614 66 95% 94 % 1% 30 . 30% 885 9144 291 208 27% 29 70 170 19 21 139% 136% 141 137% 20 19% 3814 38% 4214 43 50% 508 65l 674 925 904 61% 601 55 55% 6% 5% 2% 41y 139% 31 3 43 a3y 4% 1% 87 858 215 215 100 100 42% 42% 1% 31% M 9% T 58 56 253% 243 8215 63% 36% 365% 90 91 118% 118% 139% 189% 138 145 129% 130% 55 56 57 56 49% 49% 64% 64% 208 206 26 26% 7% 9T% 66'c 66% 51% b52% 9 85 Stock and Dividend Rate. Add 00 nun. Low Close. a‘ Motor Wheel (4). . Munsingwear (1316) Murraay Corp (k8).. Myer(FE)& Hro (2). Nasn Motors (§) Nat Acme (1% Nat! Air Trans. ®»wBaas Natl Bel Hes pf (7).. Nat Biscult (t734).. Natl Biscuit pf (7).. Natl Cash Reg A (16) - e T e N P L =t Newport Co A (3). Newton Steel (3) N Y Air Brake (3),.. N Y Central (8). NY NH & Hart (5) NYNH&HDI (7). Norfolk&Wsatn(t10). North Am(b10% stk) North Am pf (3). o 2gs " Nxw Nor Ger Lloyd(3, Northern Pae ( North Pacet (5). 01l Well Supply. Oliver Farm Equip. Olivr Fr Ep ev pt(3), Olivr Fr Eq pt A(6). Omnibus Corp. . Otis Steel (23)..... Pacific Gas & B (2).. Pacific Lighting (3). Pacific Of] stub: Packard Motor. Pan-Am Petroleum.. Pag-Am Pete B § Panhandle P& R.... Paramount-F-L (3).. Park & Tiiford (33). Park Utah. .. Pathe Exennn: = ) Patino Mine: (l 9).. Peerless Motor Car.. Penick & Ford. Pennsyivania RR(4) Pet Milk (1% - Phillips Pet: tnfi) Phoenix Hoslery. co-Arrow A. oi.. Plerce Ofl p Plerce Petroleum. Pillsbury F1 (12%).. Pirelli Co A (2 Pittsburgh Coal..... Pittsburgh Coal pf.. Pitts & W Va (6) Poor & Co (12 » -~ Postal Tel & Cpf 7). Prairie Oll&Gas 123 Prairie Pipe L 4%, Pressed Steel Car. .. Pressed St1C of (7). nausa-,-su.——m..ana..—m-.au.aumnaamn.Nanz..-..a..a.a..aa. B on B Pub Sve NJ pf 16)... Pullman Corp (4) Punta Alegre Sugar. Pure Ol (1%). Purity Bakeries (0). Radio Cor; % Radio pf B (5). Radlo-Keith-Orph A. Rallway & Exp (2).. RRSecICstkC4). Raybestos Manhatn, Reading (4) Real Siik (5). Remington-Rand 4« Reo Motors (11.60) Repub Ir & Steel (4) .. Reynolds Spring..... Reynolds Tb B(2.40). Richfield O1] (2)..... Rio Grande Ofl (k2). Rosaia Ins (2 20) Ro; Dutch (a Safeway Stores St Joseph Lead "ll- St L-San Kran pf (§) St L Southwestern, Savage Arms (2).... - . Shubert Theater (5). Simmons Co (3. Simms Pet (1.60) StnelairOll (12%). Sinclair Oil pf (8). Skelly Ol (2) Sloss ShefMeld stee! Snider Packing. Snider Packing pf. Solvay Am Inpf 6%. So Porto R Sug 1334. Southern Cal Ed (2). Southern Dairies B Southern Pacific (¢, Southern Rwy ! Splegel -u-y-sz .. MONDAY, OCTOBER 14, - 1929. Stock and Dividend Rate. Stand Brands (1%). Std Brands pf(7). Stand Com Tob (1).. Stand Gas & El (3%) Stand G & £ pf (4).. Stand Inv Corp (b6). Stand Oll Calif (13). Stand O N J (12)... Stand OI N Y (1.60). Stand Plate Glass... Sterling Sec A) . Sterling Sec cv pf Sterling See pf (1. zn) Stewart W-rn(]l %) 39% Sun Ol 131% 130% 62 621 46% 4T 96 98% 87 si 45 44 225% 227% 129% 125 131% 129% 274 276 154% 159 52% 534 100% 100% 52 Bl 102% J03% 101% 19 18% 35% 36% 50 50% 8 3784 102% 102% 26% 27T% 62% 62 26% 26% 13% 13% ecagaaagaagaasag mRRRURNERRNNAR 1894 80% 5% 35 Zenith 6% AM. s, cash Dayments faration. S Baid i earuo us 10% 1 st lP{\u 8% stk 86% EG White Rock M 8 (3). White Sewing Mach. Wilcox Ofl & Gas. Wilcox Rich(A)2% Wileox Rich B (e2).. Willys-Over (€1.20). Willys-Over pf (7).. Wilson & Co pf. Wrigley Wm (4). ‘Towne (4) Yellow Truck & C. Young Spring (3) Young Sheet & T (5) Dividend rates i Tales a3 siven Ul\ll .l t % 1 sick, ‘Pl s e e ey High. 198 18! Submarine Boat (x1) Superior O! Svmington A. ‘Tenn Cop & Ch (1).. Texas Corp (3). T hamn-on JR( Water Asso. ‘Tob Prod ctfs ‘Tobacco Pr A (1.40). ‘Transcontinental. Transue & W (1). Trico Prod (2%4).... Truax Traer (1 Truscon Steel(f] Underw-El-Fish(4). Union Bax & Paper. . Union Carbide(2.60). Union Ofl Calif (2).. Union Pacifie (10) Union Pacific pf (: Utd Atrcraft&Tra & For See pf(8). S Freight (3). Hoftman (4) Ind Alco (6) Leather. . Leather A (4) Pips & Fary (2). Smelt Ref (l\i). Steel (7). Util Pwr & Lt A (e2) 6% Vadsco Sales. 68 Vanadium (14). Vick Chemical(2 Virginia-Car Chem. . Wahash. Waldorf Syatm (1%) Walgreen pf (63%).. Walworth (1.20).... Ward Baking B. Ward Baking pf (7). Warners Bros P 13% Warner-Quinlan ¢2). Warren Bros (15)... Warren Fdry & Pipe -~ o SBurenBo nnn DI P = L] -4 FINANCIAL. STOCKS IRREGULAR- IN LIGHT TRADING Credit Continues Easier on Resumption of Business. News Favorable. BY STANLEY W. PRENOSIL, Associsted Press Financial Editor. NEW YORK, October 14—Resump- tion of business after the two-day holi~ day found the general course of stock prices still headed upward, although trading was quiet, and soft ‘spots were scattered througnout the list. Buying was largely of a selective character, with the principal operations in spe- cialties in which fayorable developments are reported to be pending. The falling off in business was attributed, in part, to. the observance of the Jewish reli- 'h&l: holiday. money renewed unchanged st per cent and held steady at that flme throughout the morning. Calling of loans was not very heavy, but mid- month dividend and interest payments are expected to keep the rate from working lower. m‘lolfl off in the flhll irregular, Various hour and An mcreuc in tlre prices, extra divi- dends on motor products and Hawaiian pineapple and the publication of an excellent earnings report by American Telephone were the principal items in the day’s business news. National Lead ran up nearly 16 points to 20031. and Western Union moved up 12 to 2623, both l'l!' hi( points pnk prleu } year. Rand continued % respond to nparu of improving earn= ings by crossing 57 to a mew high. Establishment of new peak prices by the Hershey Chocolate and Kraft Cheese issues revived rumors of & new food mer(er in which these companies would figure. ~ Canada Dry Ginger Ale also reached a new top. ‘Tobacco each 'o new at 140, and Union Pacific showed s sim- flar gain. Initial advances of a point or two were recorded by May D-m Stores, Columbia Gas, Columbia Graph- oyhon:. General American Tank and American . Power & l-l(hl ?nrwpedn p 1% points and Nash Most of the trade and business news over the week end was favorable, and erger and stock split-up ru~ mors, involving several large Muflrm corporations, also had a 'cndnq stimulate buying operations.” :The de- mand embraced a fairly .broad list of es. ‘Sears-Roebuck, Alnzrlcqn and Westinghouse' Elec qu!aly nn up ahout mu each. bacco B, cnenm and Anburn Auto advanced 2 fil 2% pnh‘l- the many issues to sell a point or. so h!.hn were United States Steel Anm-lun Can, United auu:fl Pn-mwm- dlubrhl Lasky, Ammc-n ‘Telephone, States Rubber and Baltimore & Ohhwm Pacific issues and United Aircraft yielded a point or se. Foreign Exchanges. Foreign exchanges Sterling cables Id'lnnd% ml to & new high record of $¢ ‘.Ihpellhlbl’oh'&a!lemthsf.nl o7, | cents on the announcement thaf mummtmm mumm«mexmma. pos 00 5520 1 00 01 1 N0 08 N 1S 1 - 13O AN 40 Radlo (2).... Pac G&E (A). Oct 21 Pac G&E (P) .Oct 21 Shattuck FG .Oct 21 UnCarb&C . Utd Carbon ..Oct — Sales of Stocks on New York Exchange. Oct 21 445,300 1.918.900 e et SelrTens ol oiE 35 n than 100 :'fi muma"‘u'n'e'u‘ 3 yabie nuu e'? lus 8% ':"\3.';'." e e i vearly dec- Arity, extra. Pl IMPROVED BUSINESS AIDS STOCK MARKET Special Dispatch to The Star. NEW YORK, October 14.—The stock market, alded by fairly easy money rates, a number of earning statements of important corporations and some directors’ meetings where increased rates or stock dividends probably will be voted, promises to be interesting this week. When Wall Street left for the week end holiday the majority of traders were in a more optimistic mood than they were at the beginning of the week. Recalling the ease in money rates, the drop in brokers' loans, the gain in un- filled steel tonnage, the improved cop- per statistics, the ending of the cigarette price war, the dlg in crude oll output and the third highest weekly record for car loadings, many shorts covered, fearing that constructive develnpmeml within the next few days might bring a further market rally. Merger developments, especially in the natural gas, food, drug and oil in- , likewise are expecu& to be constructive market factors. Street confidently expects partial details of several large impending deals to be tpade known early next week. Improvement in the credit situation may bring about a better demand for bonds. With many security buyers now asking “How much does it yleld” instead of “How much will it go up,” some of the exchange houses who played a lead- ing role in the stock market earlier in the year now are recomme; purchase of bonds. New financing during the investment bankers’ convention usually is rel.t.lvzly inactive because a large nlon o( 15 | security distribution mac United States then is enga; ged in Q-l’]llll to solve problems which have an im- portant bearing on the financial future and welfare of this country. POTATO xum CHICAGO, October 14 (#) (United States g:;:mmt of Agriculture) — Potatoes—Receipts, 173 cars; on 472 cars % mdty. lm cars; Sunt market dull mmh nnon. South | and round whites, 2.40; 2.60; Idaho sacked i S on track, total United lll'fl lhlm’nh tion. Wall Street Briefs By the Associated Press. Negotiations are reported to be under way for a merger of the Foremost and Southwest Dairy Products Cos., which operate in 10 Southern States. Fore- most, controlled by the J. C. Penney interests, operates in the At.llnflc coastal States. Southwest covers Texas, Alabama, )(lul.mpyl and Arkansas. A review publi.lhed by Dominick & Dominick says employment candluom are ‘“nwre than usually favorabl Factory employment has been about 5 per cent greater than in 1928, with the most important gains in iron and steel, chemicals, agricultural hnp]emenu elec- trical mnnmury and nhiplm Cocoa futures dxopped 12 to 42 poinu last week on the New York Cocoa Ex change #s the manufacturing lnwnst which had been a large purchaser of the spot month withdrew su Other bearish developments were Ige selling, favorable crop hews from the African Gold Coast and selling by European houses. The Oil, Paint and Drug Reporter says quotations on animal, vegetable and fish olls, fats and greases had a downward trend in the week ended October 11. The index number of prices was 131.2, against 131.5 in the previous week. ‘The index of ucurlty prices pub- lished by the New York Trust shows that the average price of 103 stocks representing 12 industrial groups decreased 3.6 points during An'luL Ten public utilities gained points. Twenty-five rails decreased u: points. Stocks as a whole, however, were 9. ;’xlmm':ma the -unn on December Big Areas for Forests. permanent production. It is estimated that u,mm lfl'll 1'/: nd R ] np« mmumm,hmmm forest growth Dose, NATIONAL DAIRY SHOW JUDGES BEGIN SERVICE Crowd of 35,000 Attending Cattle Exposition at Louis—4-H Champions Arrive. By the Associated Press, ST. LOUIS, October 14.—Judging in the dairy breeds at the Nationad Dairy Show begins today, designated as Ar- kansas and Oklahoma day. The St. Louis National Poultry and Pet Stock Show also will begin. Yestérday, re- garded as an “off day,” attracted a crowd estimated at more than 35,000 wmmelmblllebloodede‘tfl.lnd watch the matinee performance of horsemanship at the St. Louis. National Horse W, The exposition began yesterday in the Arena, mammoth new structure erected to house the dairy show each hll ‘To- J itional 1- tural ltud!n'-l“rolll'.ry Jjudging, 4-H Club trations, dairy and pa- rade of l-l-l club e-lt.le and the horse show, featured by the $2,500 stake for five-gaited saddle stallions. During the parade of the 4-H Olllb cattle, Eugene Buchanan of Lebanon, 4-H Club member to breed a world's record cow. sevenuen 4-H Dairy Calf Club mem- bers, i 13 cach boy s Shampion I Rl hewe Sates arrived yesterday. CHICAGO DAIIY m CHICAGO, October 14 (#). Iutul'\—— Steady; receipts, 22,710 tubs; creamy, extras, 45; m fl‘& annm. S T T extra firsts, 41a42% o “‘ b % o graded firsts, 33a36. TREASVRY CERTIFICATES. mmmmw-l o Belgenland—, Belueniand—_Antwerp fiulmn—m%n::" Saturnia—Triest: us lo—-fu o Domingo Gity. Santa lnnr-—v-lnnm b 4 Stavangertiord—Oslo uwm_leruu sé Qnven sobaBilabouss $u —La_Guayra American Banker--Londos. Monterey—Vera Cruz Homeric—Southampton Edison—p r: aeus .Septem| Southern Prince—Buciios ‘Alres Sepremos 28 Dnl THURSDAY, OCTOBER 17. Port George—8t. Johns. October 13 Sranada Ta Ge Ceiba tobe: lnnullhklordnnx Octoner nta Marta Bermudes Bermode + Octoner 8. DUE PRIDAY, GCTOBER 18. Aquitania—Southampt Bidsetown Puerto Colomibis., . DUE SATURDAY, OCTOBER 19. Voleridam—Rotterdam . Milwaukee—Hamburs. . DUE SUNDAY. OCTOBER 20. America_Bremerhaven Calamares—Port OUTGOING STEAMERS. SAILING TODAY. Marques de Comillas—Havana. SAILING TOMORROW. -Atores, Lisbon, Naples, Patras and Port su Prince and Cristobal. al Luetzow—_Bremerhave S A_T. Chateau Thierry—Panama Canal n Ross—Car ninet—Bireve Exton—Genoa. SAILING WEDNESDAY. OCTOBER 16. Mauretania — Plymouth, - Cherbourg and ‘South: Gartasena. tohal, and_Santa Mart George o Washington—Plymotth, "Ehierbours nd lrnmu Wyuuml le—ADt; rothv I.Imlonlur’o—hemc Const. SAILING THURSDAY. OCTOBER 17. * American Banker—London. W m and Hamburg. Southampton, Boulogne and Bremerharen, San Lorenzo—Santo Domingo City and Sen unnu.’u—m vana, Progreso, Vera Cruz and Cfl.llohl lu !An %’ll_.‘.' Sou o~ o1 Ind., will receive a 'trophy as the first | At Haiti—St The 1. Cailao and Valparaiso. SAILING FRIDAY, OCTOBER 18, Lancastria—Plymout| de Montevidse and Byenes Hire oaten. au Prince. Tle de n.wfiymm and Havre. 4 SAILING SATURDAY, OCTOBER 19, Galedonta_-Maville and Cataniacobh and ‘Liverpoor " ER e, SRt oo Stavangerfiord—Oslo and Bergen. Juan—San 5 epnivivania® Havand, Panama Canal and 15!".!“0- RPN Binon. i S BR2kbours and Ante Minnekahda—Plymouth, Boulogre and- Lone