Evening Star Newspaper, November 21, 1929, Page 14

~Prev 1920 P A in the advance. Earl 3 y selling is be- g'::?‘fv gill_ ‘r: ('“'_1 60). lieved to have represented profit-taking Sterling Sec A). . 2 13 3% 11% | on the part of nervous traders, who had Sterins Hes rtellity 1133 | accumulated profits in the brisk rally by e od bl dd earlier in the week, and also some ex- Hlowaer Wt IR perimental short sciling on the part of Stone & Webste bearish professionals. The early de- bl aiadotptivnd cline failed to bring out any apprecia- el ble volume of stock. Sun Oil (p1) Superior OI1 Superior Ste: Sweets of Ame Symington. Symington A. Telautograph 11.05 Tenn Cop & Ch (1. o s wZaRloRmmntoalinSBomuntned Expect Constructive News. Wall Street looked for further con- structive developments from the con- ference of business leaders with Presi- dent Hoover at the White House tod: Otherwise, there was little in the da; news to influence the price movement. Dividends were inaugurated on the new stocks of a few small companies, and such earnings reports as came to hand were favorable. United States Steel common, which sagged to 165!: in the early trading, snapped back to 170 and received fair support around that level. American Can converted an early gain of 2 points into a gain of 4. Otis Elevator dropped 21 points and rallied 17. General Electric was marked up 12 points on buying influenced by the an- nounccment that the Pennsylvania Railroad was ordering $16,000,000 worth of electric locomotiveg from that and other companies. Wes & ghouse Electric, North American Stargprd Gas & Elec- % | tric, American Tobacco Issues, U, S. Industrial Alcohol, Warren Bros., Air Reduction and Public Service of New Jersay also recorded substantial gains. Buying in Rails. Buying of the rails centered largely Unlon Carbide(2.60). in the so-called investment group, with Un Ofl of Cal ($2)... 25 5 5 Norfolk & Western, Union Pacific, Union Pacifie (10 31% 219% | Reading, Lackawanna, Atchison and Unlon Pacific pf 801 | Chesapeake & Ohio in the forefront of 139 | the advance. S E)& Bro (2). Nash Motors (§).... Nat Acme (1%)..... o £-3} Natl Air Trans. Natl Bella Hesa(t1) Nat Biscuit (+7%) Natl Biscuit pf (7) Natl Cash Reg A (14) Nat Dairy ($2)...... 4 Natl Dept Stores Natl Distillers. NatlEnameling (2)., 4 Natl Lead (5)... Natl Pwr & Lt (1). Natl Radiator. Natl Radiator pf. Natl Surety (5) Nat Tea Co (2) Nevada Cqpper (3)., Newton Steel (3).... N Y Alr Brake (3)... Texas & Pac (5). Texas P C & Ol ( Texas Pac Land Tr.. Thatcher Mfg (40c). The Fair (2.40)..... Thompsor'J R (3.60) Tide Water Asso. 4 Tide Wat Asso pf(6) Tide Water Ofl(80c) . Tide Water Ol pf(5) Timkn Det Axle 1800 Timken Reller (3).. ‘Tobacco Products Tobacco Prod ctf: Tobaceo Products Top Prod ctfs A. Transcontinental Trico Prod (2%) Truax Traer (1 Twin City Rp T (4).. Und Elllod Fishr (5). Union Bag & Paper. ., #Capital stock . Accts ravable Reserves ... Tax res. Res_for Burpius Gen Am Tnk Ca NH&HDpf (7)., N Y Ont & West..... Norfolk South (2% ). Norfolk&Wstn (112). North Am(b10% stk) North Am pf (8)...., North Am Ed pf (8).. Northern Pae (5). North Pae et (5) Nor Ger Lloyd(3.41). Norwalk Tire & Rb.. Oliver Farm Equip Olivr Fr Ep cv pt(3), Olivr Fr Eq pf A(6). Omnibus Corp.... Oppenheim Col (5).. Otis Elevator (18) Otis Steel (2%4)..... Owens 111 Glass ¢4).. Pacific Gas & B (2).., Pacific Lighting (3 Packard Mot (a30c Pan-Am Petroleum. . 4 Pan-Am Pete B Panhandle P & Paramount-F-L (3). Park & Tiiford (13). PATK UtaB..o.o0eaee Parmelee Tran (1% Paths Exchange. ... Pathe Exchange A... Patino Mines (3.89).. Peerless Motor Car.. Penick & Ford. Penney (J C) Pen (J C) pf A Prev. Stock and Sales— Prev. | —1929— Stock and Sales— o Prev. se dend Rate. Add 00. High. Low. Closs, Close. Dividend Rate. Add 00. High. Low. Close. Close. | High. Low. Divi 1 o 3 i Dividend Rate. Add 00. High. Low Close. Close. Dividend Rate. Add 00. High. 7 ek T e o 21 SImelairOn (1335). s 211 28 27% L] BY MERGENIHALER 36% ADbItibl Power & Pap : - 39% 39% 41 20% Coty Ino (x2)....... 92 i 10 2 : i Stneiair oil ot 105 105 . 107 27 7 Market St Ry pr pf. 2 elly gy 20 Adams Express ctfs. 107 26 17 Crossley Radio (11). & Snider Packin 5 7 Aavance Rumier:.. & 1 374 Crown Cork & Seal. e B Many Issues Advance Sharp- Solvay Am In pf 5% ; 71 Cructble Steel ¢ Mathieson AlK (e2)., i e g P w7t ADmad L 3 . 3he 135 115 133% 116K % Cuba Cane Supas., tay Dept Stora(e?). Bo Porto R Sux 1314 ly in Closing Hour After Reported at Annual Meet- 216 22 Cuba R e Southern Pacific (§) i i l 114 2 Atax Rubber. 2% oM 2% 2% Mengel Company(t) Southern Rwy (8). 1 ing of Directors. b Albany P W Pa 5 10 10 100 Curtls Publishg (7) MIREIS COUDIE (€Y. - Sou Rv M & Oct (4). 9 9 89 — (56 17 Alleghany Corp..... 280 26% 244 28 26% 1124 Curtis Publish pt(7) Mia-Continent P (2) Spalding (AG) (2)... BY STANLEY W. PRENOSIL, ¢ b :| 37T 14 Curt Wright Corp A. Withngtn (1 100% Alleg Cpfrets(5%). 2 1111 111% 11 MISTEad BIEECtIs ngtn 19 ? Norman Dodge, president of the| 92 80t Alleg Cpf (5% )xw.. 3 861§ 861 86 58 Cutler-Ham (33) Mi}ie# Rubber. ... M z 9 2 | NEW YORK, November 21 —Stock Mergenthaler Linotype Co., reported at | 354% 197 55 245 oy the annual meeting yesterday afternoon | 125 118'% AllledC& Dpf (7).. 1122 12 1% Davison Chem...... Minn Moline Pwr. ... | market: at arl iod of heavh fits for the | 75% 35% Allis Chalm (n) (2).. 2314 Debenhams (a2.31).. Minn Moline pf Stand Brands (1%) m after an early per avi- e i e 1404 Delaware & Hud 1 Stand Com Tob (1)... {ness in which several of the recent amounted to $2,228,615 after deprecia- | 42% 17l Amerada Corp (2)... el Lac! (7). 15 145 Mo Kan & Texa, tion and Federal taxes, equivalent to| 2% 4 Am Agricul Chem. L 7% 40 Denv& RG W pf 4 Mo Kan & Tex pf(T). Fro LA were largely recovered, and a long list . issue: to 1 % shares of stock. This compares with | 157 65 Am Bank Note(ft3). Dome Mines (1) Missouri Pac pf (5).. o s marked up 1 to 10 points, $1.003,673, or $742 a share in the| 20% 7% Am Beet Suga: Dominion Stra(1. Mohawk Carpet +2% 2 " 9 i 45 48% Punhill Tnter (£4y. . v tement for the | 62 40': Am Brake Shoe 2.4 er (1 Montgomry Ward(3) vc’arrheerfgxmng”sa;:(‘\tnfgrr 30 with the| 34% 4% Am Brown Rov Elec. 12 Dupont de N (15.20), Moon Motor (new).. t ) & 5 7 139% 187% 13915 961 Duquesne 1st pf (5) A ¢ $1.003.673 | 142 133 Am Canpf (7).... 1391 137% 1305 quesne 18t pf (5). Mother Lode (400) of $2228,615 in 1929, net of § m AT R s (Y rhi 2 3'in 1926, 9 ‘ 13 Faton Axle &S (3).. ‘"S.?x“é.i‘,iiifs “;imsi' mm 1929 totaled Am Chicle (2)....... 11% Eitineon-Sch (2%). Motor Wheel 4 i Am Encaust Til (2). 2 4 50 Flee Aute Li 9 ; E 4) 536,000, and in 1926, $1408,000. et - 3 - X L 5 Deduction of dividends from net profits | 9814 2% Am European Sec... " e 15 S : 3 S 34364 7 10813 101 Am&Forn Pwr pf(7) 8 104 103% 104 £37 WIPWrE Lt of $367,673 in 1928, $266,555 in 1927 and £61% Am&For Po 2d pf(7) 9l 90 91y 55 Flec Stor B::w‘). 5 s B Reveals Steady Growth. 3% Am Hide & Leather. 5 ; 5% 49'% Fndicott-Tohn (5) sl 234 Am Hide & Lea of. .. 3 3 20 10814 Endicott-John pf (1) 30, 1029, presented at v v A e ecting. shaws the linotype B L ranesic) " 34 80 Ene Pub Sve pf (5).. 5 re- A1% DS R R ivas . vonss condiles, | Comparisons with ths p 5514 Erle R RISt pf (4).. Ass 119% 111% Am Loco of (7) 5 115 112 T8 15 MvenSAto DISEE), st ks ,,‘_:3:_,“ 2;?‘, 142 Am Machine Co (17) 20K IR INBANNSMorua () *Pit eq etc " o o1 o 6 ¢ 2% Fed Watr Ser A 2.40 vestmes g ] = 7 6414 Am Pow & Lt (11 8 9 B Thventories ! : 421, Am Pow & Lt of (6). 4T TITENen TR - [ 0 a o) B 914 Fisk Ruhbee. ... ... 776,956 : 8 Am Ra&Std San 1%. 139 . i 121 Am Republics....... 49 22% 19% 9 38 Florsheim Shoe A s Y 5 83 Foster Wheeler (1). Liabilities. 44 AmSafety Ras (t6). 6 574 57 ‘ 12,8000 2115 Am Seating (2). 2 204 21% 224 12% Foundation Co. o 23.23 g0 1984 A Sr & Rep ot ( 3 13214 199% 132t 129 23% Freeport-Texas (4) 41 a1 ; 2% Gardner Motor. i 3 330 40 Am Stores (12%)... 47 Y 424 Totals . t 9 56 Am Sugar Rfg (5)... 12 63 614 63 {Represented by 256.000 no-par shares. o wer_inventories 17 Am Tel & i R 244 24 244 e repoet: BHOwS 20 158 226t 2214 226%% 2 2 Stock and Bales— Stock and Sales— 60 Abraham Strauss.. 69 9 24 Cream of Wheat (2). Shirt (2)... . Sinclair Ofl of (8) 2 105 lgg : Earnings of $8.70 a Share 15 Advance Rumiey pf.. 17 Crown Zellerbach (1) Marmon Motor (4) Snider Packing pf 19 20% Alr Wal El Ap(2% 2214 22% 22 ‘ Co. Maytag Co (12). - Southern Cal E4 (2). b 534 28 i o LIS Mexican Seaboard... Southern Ry pf(5). Early Losses. - Ems“’”" 118 Alles CPror(siy. '3 1115 111 G Tt Cors o otk o e Cighas Associated Press Financial Writer. Alliea Ch & Dye (). 51 255~ 215~ 255 63 Cuyamel Fruit. Minn Honeywll 133 et g, prices made further recovery in today's year ending September 30, 1920,! 73 204 Amal Leather pf 141's Delaware & Hud (9). Minn & St Louts..... JLeEe R ! e i et o b $8.70 a share earned on 256,000 no-par | 73% 18 AmAgricul Ch pf. Detroit Edlson (¢ Missour! Pacifle. . Stand Inv Cofp ol e e " 0 S preceding year. 761 27 Am Bosch M: K 32% Drug Coron (4). Monsanto Ch (g1%). three preceding years shows net profits 184 R6, Amer Can (15). 110% 118 10714 Dupont d N deb (6) .. Morrell J (3 60). in 1928, profits of $1.802,555 in 1927 ' AT -.85% T i 150 Fastman Kodak(18). Motor Meter G & B 00, in 1928, $1,536.000; in 1927, Am Com Ale (k1.60), 55'% Eitingon pf (6% ) o g g in 1929, [ 199% 50 Am & For Power 2915 F1 Pwr & Lt (1), $1,217,033 1n 1926. 19'C Am Hawaifan (1)... 21 i e iy The complete balance sheet as of | ZE F0 AT HAR & IA Dhsy i 51 a1 Eng Pub Serv (f1).. campany to be in spiendid financial 4 £4% Eng Pub Svo pf (5% ) Am Tocomotive (8). ; i 52 FErleRR2dpf (4)... Ris pat ete s S{"' ety 5 Fed Motor Tr (80c).. s pat 08783 AmP&LDIA (3).. 4414 First Natl Strs (114) §30,800,143 . S 60 ATaROIMIICery 80 6% 9% 3214 Tollanshee Bros(13) 62 Am Sm & Ref (4) 107 7% 6 Tih 5% 40 Fox Fiim A (4). 35% Am Steel Fdv 5 50 7 3 75 atter e el 18 Am Sumatra (3)..... 8 26% 26 26 than last year, ample cash on hand, 193% Am Tel & Tel (9). rves and a sub- 160 Am Tobacco (110).., 11 206 200 . V:er}x'flyfb:?‘}nfi;hd\::fifg the year to the| 235 160 Am Tobacco B (+10). 50 207 201% 206% Gen Flectric (6)... :‘omplny's surplus. The report of Pres- 114% Am Tobacco pf (8).. 4 117% 117 117 1 Gen Elec m':e :me:,‘ t Dodge revealed a steady increase 115 Am Type Fary (8).. 4133 130 132 13 35" Gen'l Food Corpn [ }flfll‘ausmesa during the year, also that| 199 50 Am Water Wka (e1), 193 83% T4% R8IN 75 2 F9% Gen Gas&FElec A(e2) the firm owns controlling interest in 97 AmWater Wistif). 4 90 oFw 9O SOkl K F0 GenMiectik).... ., of Lon- 5% Am Woolen. ... 9% 9% 9% % Ger . gmotywd&inMfiw;{h"ifif s U Pt v Al im0 o1t 20m 1% 91% 2315 Gen Motors (43.60). Rihin-Fabrik of Berlin. During the 7 Am Zinc Ld&Sm 1% 104 112 Gen Motors of (7) fiscal year linotype machines manufac- 49% Am Zine ot (6). 2 60 60 0 3 GanoutaAdvA (). tured at the Brooklyn plant nave ]be!-kn Anaconda Coor (7). 495 v 81 B¢ M i P * sold in 50 countries, and from Alaska 9 0 -l 0 ! 20 Cpempumisesa ;n:hlx::;!and to SoutnbAtrica and New y 4 5 50 Gen Refrac (+4%). . e k 9 38 o 4 80 Gillette Saf Raz(e5) Officers and Directors Re-elected. 12 28 22‘4 2! 10% Gimbel Rro!h’;l.. . 12 80 7 26 Glidden Co (m32).... The oMcers and directors of the Mer- 5% Armour Il (A). 16 94 Cobel (Adolf). Eé‘.fi.'h‘.‘»"xfi?.hl’:f’%&;f’;,mm.;:; Jo- 2% Armour 11l (B). 33 34 3115 Gold Dust (2. seph T. Mackey, executive vice presi- Armour 111 pf (7 6 65 Gold Dust pf (6) dent; Frederic D. McKenny, vice pres- . o 23+ 201 20w —ro COMMODITY PRICES, By the Associated Press. 6 Commodity prices last week, by Cen- Utd Corporation. 28% | sus Bureau wholesale averages, showed Utd Corp of (3) 45% | a slight recession, though the figure for United Elec Coal 11 | steel products remained unchanged and Utd Fruft (c4)... ¢ 108 ‘labove last year's levels. The figures Utd Gas & Imp (1).. 82 % 3 31 |which follow give the wholesale index Utd Gas & Im pt(5).. 9. 94% | of prices for all commodities, based on Utd Paperboard..... 7 | 100 representing 1926 prices, for the United Stores A... 8% } week and comparable periods, and also Utd Stores pf. 23%| the price of a composite ton of steel 11% | products for like periods. U S & Foreign Secu: 24 All commodities. Steel. U S & For Sec pf(§). 4 R4 | Week ending November 16.. 93.6 $36.00 S Freicht (3) 3 102% Preceding week 933 36.09 s 24 a Utd Alrcraft&T of 3. 5 Utd Biscult (160). 397 Utd Carbon (2) A 9 45 Utd Cigar Stores. 5 #03 seRBonBranaBeraleni - 6 11% 11% 11% )5 42 l'.no«d!r:!‘: R"‘;‘)v - 2 3% 981 Goodrich pf (7). ident and general counsel;’ Conrad A 1 36% 36% 6% 60 Gondyear Tire (5)... Hanson, vice president in cl ";km 70% 25 AssoDryG (2%).... 80 38 % 38 87 Goodyear 1st nf (7).. works: Thomas J. Mercer, vice President | sogy, 195% Ateh T& 8 Fe (10)., 125 232 257 230% 14 Gotham SIIk H (2%) in charge of audits; Willlam C. A Ma-| 104, 99~ Atch TE&SFpt (5)... 3 102 10i% 102% % Graham-Paize. ..... guire, vice @resident in charge of sales; | 05, 167 Atl Coast Line (+10). 1172 172 172 7 Graham-Paige ot George L. Scharflenberger, treasurer: | “ger, “32u4sAtl G & W Indles. 13 3% 2% 724 46% Granhy Copper ( William Wallace Welsh, secretary; "‘}n 62% 45% AtIG& W Lpf (4 3 574 5T% bT% 9 39 Grand Stores (el W. Reid, assistant treasurer and ass do | 77% 30 AtlRefining (12).... 190 43 41% 43 9% Grand Unton. ... ant secretary, gnd Edward A, Reynolds, 67 Atlas Powder (15)... 4 1% 86 &7 30 Grand Unfon of (3). assistant treastirer and assistant secre- Auburd Auto (34)... 7 160 152 160 32 Granite Citv Stl (4)., tary. 7 4% 4% % 9 42 Grant (WT) (el)... The board of directors is made u 125 25 25 85'% Grt North pf (5).... of Albert H. Sawyer, Ogden L. Mills, 49% AustrianCred (4.49) 5 54 564 54 851% Grt North pfet (5).. N(;rmbln 1.?012“' eol:lelé ll‘_.:d Rfl:‘"d“fi? 5% Aviation Corp. Del.. 66 7% 1% 1% ;«; gr: P‘;or?;l :.:’u' :‘.‘. eric D. McKenney an E - e rt Wes! i Quade, both of this city; A. Hunger- 66% 15 Baldwin Loco (new) 282 29 l?]"l; ”?g 14% Grigsby Grunow (2) s Gninouneed in The Star an Tues- 20 Barnsdall (12%) 107 25% 24% 25% FRRE D L M @ay. ';ienM!rgenthnler directors on th-: 31;;4 g::m:?gr J; xlzfifiu ;z;: ;2% gl 2{':., “crum"' ,;'.fi“eii“"f',"";’&‘;’ on 45 BeechnutPkg (c3).. 9 70% 69% 69% 68 Iz Fahn Dent Stores. $6 Mels fmatatd of & $5 Dasls, They 25 Bendix Aviation 12). 45 34% 33% 34% 21% Hartman 3 11)’.0..... s Vel Gten dividena of 20 25 Best& Company.... 5 37 36 a7 13 Hartman B 130) . ol Der ghare, Selb bene pevable| H40% |T04 Ratbionem it (87 50 sfhu i 18k adh” | 100 b Hercmiespovar 3 i & stockholders of record | L, 137" Bohn Alumn&B (16). 57 49% 48% 49 49% % 45 Hershey, Chocolate. . " Mergenthaler stock 1s_widely held 53 Borden&Co (3)..... 122 68 65 68 60% Hershey Choo of (4). 3 Meshington. It e lited on the 26 Eorg Warner (4).... 38 34% 30% 34% 2L Holland Purn (e3%). ‘Washin wnB Stock Exchange, recently 85 Boston & Maine..... 9 101%s 100 1014 107 65 Homestake Ign'l' ). antlivig’ Sround’ 103%.. T 15 also listed 5 BotanyConM(A)... b5 5% 5% bls A 18 - Hous Haesn'B (16 the “Boston Stock Exchange. An 8% Briggs Mfg......... 71 11% 1I% 1i% 43 Haehid Pin pf s3.10.. mux\mll good annual report has 20 Briggs&Stratton(2). 24% 25 40 Househol v Td (14). Do e shav i s oy, U do, 40 Bklyn-Manhat (4) . 60% 34% Hud&Man Ry (3.50). o 76% Brooklyn Manpf(7). 2 83% _83% 83% 60 Hudson Manh pf(5).. Local Securities Active Today. - 85 8 8% % 38 Hudson Motor (5)... 2 18 upp Motor ¢ ‘The largest transaction in livelyhtrld- it L 2’; lg';- 122 -y : et e O e e 0% BRine BRILCOI).. 59 28 17% Independ Oil & G (2) today was the sale o e e 4% BrunsTer & RyS... 2 10 315 Indian Motor Cycle. . T M Dork s s 0 14 BueyrusErte(1).... 14 20% 20% 20% 13% Indian ReANINg. ...« the same quotation that has prevailes 26% Bucyrusevpf (834), 1 34% 341 341 . in this issue for some time. PhAtonAl 9 Budd (EG) (t%)... 3 11% 11% 11% 68'% [ndustrial Rayon.... T e e S e 25 Bullard Co (12). 2 32% 32 32 3 75 Inland Steel (3%)... R Lt e vas ey 21% Bulova Watch (3) 4 27% 27 : 22 IneDIFAtion (6).s.e.. at 743, but the stock closed with two | ot bsiscnh G B 22 Inspiration (&) 5-share lots selling at 75. Several sales PO e SRR e ST 5 Intarboro Rap Tran.- were recorded in Potomac Electric 31% Bush Term (£2).... 40 40 40 % 4 Intl Agricultural.... Power 6 per cent preferred at 109. The R Batiac a whabay: e : e same corporation’s 55 per cent pre- 5 Butte & Superfor (2) 3 6l 64 6% 109 Intl Business M (5). E‘;‘:‘,’ ‘}fi‘;:g‘ml;‘u;f‘sl“‘fi‘;fi BImove 50 Byers(AM)........ 80 73% 67 73 69 BRI e " 2 20 e close. By-Prod Coke (1)... 33 28% 26% 284 Int Combustion. ‘Wishington Railway & Electric pre- w9 b Ene of (7). 63 Calif Packing (4) s oM Intl Cm ferred figured in a 98-share tyrnover| 4 1 Callan Zing & L 7 1% 1% Intl Harvester (2%) at 92, unchanged from the last sale. . . 73% Calumer & Ariz (10). 28 97% 9 Intl Harv pf ( Fedeval-American Co. common opened " Calumet & Hee (4%) 7§ 33& » l’::"’.'zlfll:;flf,‘”,: at 35 and closed at 34,. There were W e oo o Int Mer Marine etfs.. small sales in Lanston Monotype at 108 . in Nickel of Can(1). and 110 and in Mergenthaler at 102%. : ey Intl Paper pf (1) Ong hundred - shares of Nationsi 170 Can Pac3d pd ctfs. . i 1907 1904 H Intl Pap & P A(2.40) 30 Cannon Mills (2.80). 311 31% Moctgage ' & Guarenly" “preférred 7130 Case (J1) (6)....... 84 174% 166% 172 o ;‘(’;’,’ e s o A’ Washington Gas| 122 114% CassTh Mch of (1).. 1 118% 118% 118% . Iss\?esméap&:\adl S e ey - Dbk e ey Int Shoe (Z¥)arss Electric Power 6s took the lead, selling ol I e Int Silver (18) around recent levels, It was voted to o Ton: o5 53 Imt Tel & Teleg (). close the Exchange Saturday in con- ot DL e 25t Inter Dep e formity with New York. tain-teed pf. 56 56% bl 5 1214 Investors Equ"y‘(!‘)). Heard in Financial District. 40% 304 397, et e 160 Ches & Ohlo (10),... 32 2021% 1961 202 196 39 Jewel Tea (4) Officers of the Security Club connect- | “92* 4214 Chesapeake Corp. 31 59% b6% 90 Johns-Manvi ed with the American Security & Trust % 4 Chi& Alton. 5% 5% 1% Jordan Motor Car. Co., were installed at a special meeting 6% 6% 60 Kan City Sou (5). 63 + Kan City Sou pf (4).. 8 Same week last v 9 35.93 s 5 S5 s " 2 |AMERICAN ROLLING MILL CO. SENmGA (. 8 NEW YORK, November 21.—The LG A American Rolling Mill Co. is now op- ALl 4 erating at about 70 per cent of rated Ribbas o b . o774 | capacity, according to George M. Rubber 18t pf. & 55 - Verity, president. SSmelt Ref (3%). 23 397 39 U S Steel (18) Tk H 168 14 138% 35 cgggacaaaas Clearing House Statement. (nNEW YORK, November 21—Clear- 4 ng House statement as reported by Pet Milk (1% 2 Y % o 35 |Dow Jones Co.: Exchanges, 1,495,000~ Phelps Dodge (3).... 5 4B 43 A : 2 1000; ‘balances, 240,000,000, Phila Co 6% pf (3) 318 E an| Phila & Read C& I Phillp Morris (1).... Phillips Pete (1%).. Plerce Oil....... Pierce Petroleum. Pillsbury FI (123).. Pirell1 Co A (2 Plttsbursh Coal..... Poor & Co (B) (2)... Pennsmivania RR(4) Vick Chemieal(234). lfio;ley to Loan '\/'::l:ni'l _g:r fh"n'-' 5 Srcured by first deed of trust on real estate. vn-:: :x:-ca; n?( ;' . Prevailing interest and commission. . - ish. L. & Trest Jeseph 1 ngle: 9th & F_N.W, MERGFNTHALER LINOTYPE_ CO. Brooklyn. N. Y.. November 19, 1929. A terly Aividend of 3150 and an extra P Rican Am To (B).. 10 5 aividend of 35 Tents wpon each of the 336.0 Tostal Tel & C of(7). 9 5 Warner Bros Ple (4) h 000 shares of present outstanding stock of 4 Prairie O&G (123).. Warn Br P pf(2.20). 2 Prairie Pipe L 143 Warner-Quinlan (2). Pressed Steel Car. Warren Bros (19). .. Pressed Stl C of (7). Warren Fdry & Pipe Eroc & Gamble (3) Webster-Eisenlohr. . . Wi Erotls minges s ess O1l & Snow(2). Pub Sve NJ pf (6)... Pub Sve NJ pf (7)... Pub Sve E&G pf(6).. Pullman Corp (4) Punta Alegre Sugar. Pure Ofl (1% Purity Bakeries (4).. Radio Corp. Radio pf A (3%) Radio pf B (5)...... Radlo-Kelth-Orph A. Bronamancs oa » F~aBlan SECURITIES MARKET on the NEW YORK PRODUGE EXCHANGE (Incorporated 1862) — White Sw Mch pf(4) 650 SECURITIES 4 Wilcox Ofl & Gas. . More than 650 securities have beea Wilcox Rich(A)2% designated for trading on this mar- Wilcox Rich B (c2).. ket. In thislist are many important Willys-Over (e1.20). stocks not traded on New York's Willys-Over ot (7) $wo major exchanges. wa o2 Westvaco Chlor (2). White Eagle Ofl (2). White Motors (2)... WhiteRock M S (14) White Sewing Mach. Reading (4)... Reading 24 pf (. Real Silk (). Rels (R) & Co. Rels (R)&Co 18 Reming-Rnd 18t (7). Reo Motor (71.40)... Rep Brass Corp. Wilson & Co. . Repub It & Steel (4).. Wilson & Co A J 5 5 Wilson & Co 'roduce Exchange for ing or f ¢S Woolworth (3.407. Hejera B LR Worthington Pump. i 5 bt e Lk VortNBamos 61 exchange, accordiog (o strictrules Wrigley Wm (¢).... andregulations, and subjecttofixed Yale & Towne (15). :‘;l’:fl;‘l!;lgn m::‘vh;:ljrofldo: Lo acompleteicker serviceis ensbled L R tofollow his market closely. Zenith Radlo (2).... Those -/r_nb‘;“ « manual J.ul‘ many of the securiiies ir. e ou. on RIGHTS EXPIRE This Exthawge, and s liss of bro Allis-Chal, n.Dec. 31 1/ % Am Rollg M..Feb 15 Bang & Aroos Dec. 7 % Col. Carbon. .Mar. 11 Det Edison. . . Dee. 23 Gen. Asphait.Nov. 27 Grant (WT).Nov 26 164 Kreu&Toll....Dec 2 3 N Y Central..Jan 81 237 Reynolds Tob.Jan 24 . 46 The investor or trader using th §ecuntics Market onthe New L ork Reynolds Tb B(2.40) Richfleld O11 (2). .. .. il 80% 8 5 Rio Grande Ol (k2). . 2 % Ritter Dental (234).. Rosaia Ins (220).... Royal Dutch (a3.20). Safeway Stores (3).. St Joseph Lead (13). St L-San Fran (8)... St L-San Fran pf (§) St L Southwestern. . St L Southwn pf (). Savage Arms (2).... Schulte Retall Strs. Seaboard Alr Line. .. Seaboard Alr Line pf Seagrave (e1.20).... Sears Roebck (2% ) Second Natl Inv ctfs. Sec Natl Inv pf ctfs. » 2 i & marie ey Save same by addvecsing 216, Ne. 2 Broadway, New York, = held at the Willard Tuesday evening. 3 104 10% 0 The officers taking charge of the club for the coming year include Henry F. Kimball, president;: William H. French. first vice president: Miss Frances Car- rick, second vice president; Miss Clara Gainor, treasurer, and Miss Mary Krog- mann, secretary. The board of gov- ernors is made up of the officers and Raymond D. Lewis, Miss Mae C. Gor- @on, King Irvin and William B. Davis. ‘The American Stores Co., which has 20 stores in this city, has opened 9 new stores in Altoona, Pa, the first time the company has entered that city. The Federal Reserve Board reports that the Boston Federal Reserve Bank has reduced the rediscount rate to 4% per cent from 5 per cent. ‘The Chesapeake & Ohio Railway has declared the regular quarterly dividend of $250 on common stock, payable anuary 6 to stockholders of record anuaty 1. 3 ‘The monthly meeting of the auditors' section of the District Bankers' Asso- ciation has been omitted, as the session would come on Thanksgiving night. CHICAGO DAIRY MARKET. CHICAGO, November 21 (#).—Butter firm; receipts, 3.467 tubs; creamery ex- tras, 41 standards, 397 extra firsts, 16 ees 85 2815 Chi M1l St P&Pao of. 1;2 9 21% Chi Pneu Tool. . . 47 ChiPneuTof (3%). 4 27l Chickasha CO1l (3). 44% Childs Co (2.40)... 26 Chrysler Corp (3) 397 City Ice & F (3.60). 7w City Stores (1). 617% 25 Clark Equipment (3) 72% 36% Cluett Peabody (5) 154 101 Coca-Cola (4) 724 10 Collins & Atkman. 25 78% 27% Colo Fuel & Iron. 140 52 Col Gas& El (2). 109 99 Col Gas& El pf A 6). 130 42% Col Gas&E rcts ptpd. 63% 50 Col G&Erets full pd, 25 88% 16% Columb Graph(87¢c). 243 18 Com Credit 12)...... 28 Comm Credit A (3).. 30 2814 Comm Invest Trust. 52 204 Comm Solvents (1) .. 830 10 Commé&So(bb%stk). 530 35 Conde Nast Pub (2). 11 Congoleum-Nairn. 43 Cong Cigars (16%) 40 Consol Cigar (7). 40 to 4013’ firsts. 37 to0.3815; seconds, 35 to 36, Eggs firm; receipts, 1,691 cases; extra firsts, 50 to 52; graded firsts, 47 to 48; current firsts, 40 to 43; ordinary firsts, 37 to 39; refrigerator extras, 39; refrigerator firsts, 38, FLOOR TRADER SUSPENDED. NEW YORK, November 21 (#).—Max Winkelman, a floor trader on the New York Curb Exchange, was suspenuded from membership for iailure to meet his obligations. Winkelman, who was not a member of any firm, was admitted to the exchange in Fehru- ), 10 Consol Film (2). 15% Consol Film pf (3). .. 804 Consol Gas. NY (4). 92% Consol Gas of (6)... 45 onsol RR Cub pf(6) 1 nsol Textlle. 3% 254 A% 79% Contl Baking pf (8).. 38 Contl Bank (120). 40% Contl Can (2%). 20% Cont Diamond (2)... 46% Contl Insurance (2). 6'% Contl Motors (80¢).. 18 Conti Ofl of Del. 134 4138% 1 2 28% 284 50% CHIR 1& Pac (7).... 18 118% 115 ). 4 99% 991 16 70 6 25 344 105 Columblan Carb(t6). 53 148 2 45 25% 1 %0 CornProd (13%)esee 74 92% i 38 50% % b 124% 124 15 66 65 23% 23% 32 43v 27% 13 9% 13814 28% 50% Y 118% 124% 15% B4k T4 101% 102 70 69 24 138t 148 12% Karstadt (Rud.) Ine. 19 Kaufmann DS (1%) 30 Kayser Jullus (4)... 70 Keith-Albee-O pf (7) 3% Kelly-Spring Tire... 18% Kelsey Hayes (2)... 5 Kelvinator Corp. 49% Kennecott (5). 45% Kimberly Clrk 16% Lago Ofl & Tran: 80% Lanibert Co (8). 5 Lee Rubber & Ti: 30 Leh Port Cem (2% 10 Lehigh Valley Coal.. Val Coal pf (3).. 5 i1gh Valley (3%4). 28 Lehn & Fink (3)..... 17 Libbey Owens (1)... 80% Liggett & My (16) Liggett & My B (16). Liggett & My of (7). Lima Locomot!' . Liq Carbonle (14%). Loew’s. Inc (12%).. Loew's Inc pf (6%4). 11% Long Bell Lumb A. 39 Loose-Wiles (2.60).. £ 1:% Lartllard (P) Co. Louisiana Ofl......e 28 LouG&EIA(1%).. Ludlum: Steel (3). MeCall Corp (4) 54 McKeesport T P 214 McKesson & Rob (3) 40 McKes & Rb of(3%). 21 McLellans S(A)m20. 55% Mack Trucks ( % 110 Macy(RH)&Co(et3) 1144 Madison Sa G (1 35 Magma Copper (; Mallinson & Co. Cruabh niC xneBarans o b % B 1=t Seneca Copper. Servel Ine. . Sharon Steel H'( Sharp & Dohme. Sharp & Do pf ( Shattuck (F 3) (1).. Shell Unton (1.40)... Shubert Theatres. Simmons Co (g3)... Simms Pet (1.60). .. Utd Gas Im..Dec 31 321 Satisfied? 85" 80'% tock. k Plus 1'3% 240 2251 28 s Share in’ atock: Sales of Stocks on New York Exchange. 10 A M.. ised on the nit of trading_less than 100 Dividend rates as given n th ve tabl viden « e IE able are the annual cash §Plus 3 i 615,300 12:00 Noon. . « 1,663,400 latest quarterly or half-yesrly declarations. res. tPartly extra. 3Pl A orclerred stock | {Plus 3 la b Payable in stock. ¢ © Pavable i cash % In stock. h Partly stock share in stock. n Plus 3% In sty Washington Ticker BY CLINTON COFFIN. Associated Press Pinancial Writer. Word is going out of Washington now to nearly all business leaders who have to consider tariff rates in de- ciding the scope of ‘operations that they will be safe in calculating that there will not be any new tariff legislation until after another national election. Partly as a result of the Senate vote yesterday to adjourn the special ses- sion before completing the bill, but more because of judgment formed by considering the embittered conflict be- tween Western and Eastern viewpoints in the Senate, this opinion has come to be shared of late by the sizable group of observers who have been drawn to the Capital for the contest. ““When it is considered that, the regu- lar session will have its work with the appropriation bills and with the other issues before the country, and that the voting personnel in Congress will be the same as it is now,” remarked Joseph R. Grundy, who has spoken for the American Tariff League an dthe im- portant manufacturing _interests of Pennsylvania and other Eastern terri- tory since the contest opened, “it 7% ! dosen’t seem likely that any new tariff law is in sight. In my judgment the T East cannot and #ill not allow these agricultural rate increases to be made while industrial schedules are slashed, and with the prefent composition of the Senate there cin lhj:dxy be an ac- ceptable adjustment of views. O riner: ssids > from the rate questions, the attifude lof the Senate majority toward ‘the ' administrative features of tariff legislation makes the present law infinitély preferable to in- dustrial States thay what is proposed. The bulk of tariff duties are ad valo- rem—fixed in propartion to value—and the Senate combinution opposing pro- tection has threatened |to destroy all the effective methous which have been built up during 30 vears|for fixing the value on which thg duty is based. I think the business of the ‘country would be far better off ‘¥ the present law stands than it woujd be if forced to accept these changds.” s P Postmaster General Brown and mem- bers of the interdepyrtmental commit- tee on mail contract® wili have several tangled points of marine poiicy to 1 in - the announced att ship construction w! Congress has tentatively provided.?' Ore branch of enterprise suggested; for |consideration < nfe ol hflx{n‘l: ship yards, ness conference Ip 3 the associated mail wontracts, and. a difference of opinion between ship- owners and Government agencies which has_been develoi)lng several months, | The Jones-White law, which the com- mittee has long been studying, offers shiggbulldln[ loans to the imit stated, to be made by the Government to line operators at 33 per cent interest, for 20-year lods. It also links up Ih!l building with the grant of ocean mail contracts for 10-year periods, on a mileage basis, and the Shipping Board, in marketing vessels now Gov- ernment owned, has considered itself Jjustified in Rromising that contracts | and loans for new vessel building will go along with the sale. POTATO MARKET. CHICAGO, November 21 (#).— (United States Department of Agri- culture).—Potatoes—Receipts, 87 cars; on track, 279 cars; total United States shipments, 642 cars; trading fair, market slightly stronger; Wisconsin sacked round whites, 2.30 to 2.50; few 2.55; Minnesota and North Dakota sacked round whites, 2.20 to 2.25; Hollandale, 230 to 2.35; sacked Red River Ohios, best, 2.35 to 2.40; ordinary, 2.15 to 2.25; Perfectly pleased with your outlook for the future? Will you be financially independent when ripe old age is upon you? ‘Wonderful opportunities are in store for you if you really want to make use of them. Just now there is a huge field for the life underwriter. Our country, which is enjoying unprecedented and increasing prosperity, is greatly under-insured. So now is the time for the underwriter to make plans for a promising future. Would you be interested ? 1f so, write for the booklet “Inducements Offered by the Profession of Life Underwriting.” ‘Salesmanship Training Courses for all new appointees. THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES ‘THOMAS 1. PARKINSON, President THU SETHUNE 35 Munsey Bldg.. Washington. D. C. Please send full information South Dakota saeked rourid whites and early Ohio's, 2.10 to 2.25; Idaho sacked Russets, 2.60 tg 3.00; few fancy, 3.10.. 7