Evening Star Newspaper, January 8, 1930, Page 14

. Ass14 ¥%a FINANCIAL. THE EVENING STAR, WASHINGTON, D. C. WEDNESDAY, JANUARY 8, 1930. FINANCIAL. MFADDEN GIVES STOCKSINUPTORN . - Sales of Each Stock Compiled s 18~ Stotkand Saiep Prev.| —Prev. 1020~ Stock and Sales— : 920~ Slock and Sales— Prev. ) et e oo v fasl i Dividend Rate. Sales. High. Low Close. Close. | Hish Low. Dividend Rate. Add 00. High Low. Close. Close.| Hish. Low. Dividend Rete. Add 00, Hieh. Low. Closs.Close | High. Low Dividend Rate. Add 00. High. Low. Olose. Close. | 109 . 84% PE(5%) 2 96% 96% 964 964 | 60% 22 Penick& Ford (1)... 7 28% 26% 28%, 26%| 90% 74l Tide WatAssopf(s) 2 84 84 84 8la B7% 8344 Ahitibi Power& Pap. 2 30% 20% 301 29% o 10 57% 5% 56% 56 | 1051 68 3 5 T4% 72 12 12| 97% 854 Tide WaterOil pf(5) - 1 87% 87% 87% 87% 15 ) ——— 34 20 AdamsExpr(160).. 9 25% 25 25 26% pL (4). 5. 62, 61% 6l 621 )27 3% Penn Dixie Cement.. 13 7% 7 714 6% 34% 11% TimkenDetAxt80c 1 16 16 16 16% p f2150 410, i 2 96 84 Adams Exp pf (5). 2 87T% 87w 8TM 8T% ::‘: '_‘:fl’l:l;“(;;)m ; 57% BT% 57% fll’l 'l:(‘l 332 l;nlmnvh-‘nllkl‘) AR e o ;‘z”: 1;:,* fig\'. ;:’r’:&l;fl:u:) 45 1;»’. 'lg“ 7;:: 7;» i T 35% 19 -Adams Millis (2). 1 23 23y 26 . 2 21 2 UK . $1% 514 B1% B . Representative EXplains|-3% 15 -Adamsmiiincn)....r1 28% % 25 26 FaimsknCo. o 10 ‘i e e sa|E3h 33 ENaTed BOINODBE B oTomeomebeRd a8 WMo Market Recovers Its Early i 223% 77 Alr Reductn (1434).. 6 12614 1 8% 125% Fash Park Asso (2 ] 20 26 s 2 p Morris (1) 4 T8 BHS ST B I SNinen o Measure Providing for | G Thu Air Walmiap o5, 2 3" 32 'z FedWater SerAGd0 7 e R4 | 4T 2 Emliprret 3o ad s’ gl Sl 04 Tramconsulenae.. 1 osaw ae e s | Losses After Bear Attack 11% 1 Ajax Rubber. 13 2w Fid Pho Fire 1(2.60). 1 erce O, .. 5 1% 1w 1% 1% ¥ Rp ie 1 % g 10% 4% Alaska J : 1 8w Firestone T&R(1.60 3 Pilisbury Flour (2). 1 34% 34% 34% 35 | 101% 82 UndElliod Fishr (5). 2 101 101 101 100 il H Transfér. of Duties. i ki) S Firestons TAR pics) & PireliCoA (23).0. 1 48 8% 46w 64| 43 7 Unon Bab& Paper.. 1 10 100 10 9% Fails to Shake List. Al First Nat Strs (23). : rgh Coal. 3 %% 140 59 Union Carbide (2.60) 43 78% 77% 78 79 ’ i 19 Alll.o“c(;;:rl;;: % e Fisk Rubber s s 0. § Pittsburgh Coal pf. 8110 110 110 110 | 207% 200 Union Pacife (10). .. 3 210 215 = 215 217 BY EDWARW C. STONE. 751 351 Allis-Chalmers (3).. 18 50% Foster Wheeler (2).. 5 Poor&Co(B)(2)... 1 20 20 29 29%| 85 80 Union Pacificpf (4). 2 821 821 824 8214 BY STANLEY L. PENOSIL. o~ g e - 4 Founaation Co. % Postal Tel & Cpf(7). 2 97 97 97 98%| 162 31 Utd Alrcraft& Trans. 10 484 47 4T% 48 Associated Press Pinancial Editor. o Chairman * McPadden's oore | i S A Bank s 111 1 A Foy Wit A (4 e Prairie OAG (12%).. 4 51% 5l%. 51% 51%| 109% 44% Utd Aircraft&Tpf3. 1 601 60 60k 60%| nNpw vo < TR, AaRaen SUPEIVISOTY | 201 5% Am Beet Sugar 1 % Freeport, Tex: s Prairie Pipe L (15) 2 59% 59% 59% 59 | 60 331 Utd Biscuit (1.60)... 1 37% 374 37% 36 ¢ 'RK, January 8 —Trading on mncugx mlm. men;.mum B«;rd 0% W R Mol Seasic. . | &, 4wy prrangelingy by Pressed Steel Car... 2 9 8% 9 8% | 111% 40% Utd Carbon (2)..... 2 48% 48 48% 484 |the New York Stock Exchange today de- 34% 4% Am BrownRovElec. 3 9% Gardner Motor. 5" S i Inited Cigar Strapf. 1 35 ~ 35 35 34 | Summer of 1928 with porations to. the 106 49% A 4 Prod & Refiners. .. 2 9% 9% 9% 8%| 78% 19 Utd Corporation 50 32 31% 31% 31% prices still floun- Oontroller of “Jhe T e gl - 15, GemAm TnkcCar(idy a5 Public 8. N J (15.40). 25 85% B3% 84% S4% | 49% 421 Utd Cord pf (3). % 37 4 41" iea| dering around within a narrow trading’ Currency would not b e BT Ak g LG 1 Pub8vc E&G pf(6).. 1 107% 107% 107% 107%| 81% 6 United Flec Coal 5 11% 11 11 11%|ares, and giving no gel:ation of a defi- ;g:lce‘n Gt 1061 75 Am Car & Fdy ( 5 81 23 Gen Cable. ... .. 15 ;:H::.A"f:::g';’ A s o Dhnarsch 121024 102 102 10a | Dite trend. Gains O iumbered losses, 55 20 AmCom Alco(c1.60) 17 31% 631 Gen Cable A (4) o td Gas & Imp(1.20) 131 33% 321 33% 325 |, o rediscount rates, oo T Pure Oil (1%). 98% 90% Utd G 1 98% 98% 98% 98 floor traders continued to provide ':"_:w?"’"’”“"“"' Ml el o 360 st o o E?.'c‘fr?e‘ (‘:l)) n ;’lu;lllycnner 26% 7 Utd P:;-‘rhlo':rvd'.(s,: I ' o he ton ;‘:;:‘g}: ::.;gg.;‘c];l:l?. the lpuhl;ic ap- s. 0815 101% Am&Forn P 7 < adio Corp. 4 14 3% United StoresA..... 111 9 8 8 8% complete indif- Under the Me- R e | lens 1 G e 3 Radio pf B (5)" . 4 T3 2% 73 72| A0% 144 UdtStorespf....... 11 208 28 29y 27 | fgence to the proceedings. Fadden proposal s . 115 ATt ST 0) T e R ot IO Radio-Kelth-Orph A. 24 28% 22% 22% 28%| 72 171 US& Forelgn Secur. 6 22 20% 2214 20% | jUSMESs news had a littie more cheer- the Controller 5214 231 Am Hide & Lea pt Ly % Gznouu:ufl, 2 _ Raybestos Man2.60. .17 37 35 85 36%| 92% 92 US&ForSecpf(f). 1 85% 85k 85% 851l oo g le-h liminary estimates indi- would appoint ex- s B Bl e e, 8151 50 . Gonerad Mille (or Reading (#). .. 1122 122 122 122 | 134% 864 USFreight(3)..... 3 98 97% 98 98 e e rp licrésse 11 “the wnfilg aminers to examine AT - - B ol ROTTRTE Rem Rand (50¢)..... 7 2% 27% 2% 27%| 243% 95 U SInd Alcohol (f7). 21 1321 130% 1301 133 [Orders of the United States Steel Cor- rach Federal Re- oAy oy col ) e B e T 8 Reming-Rnd 1st (7). 1 93 = 98 93 92%| 61% 14% US LeatherA....... 9 18% 18% 18w 18i |Poration in the monthly tonnage re- serve bank - twice TN AD TR DA R s - P el )1» 3 Reo Motor Car (.80). 8 125 12 - 12% 11%| -56% 12 USPlpe& Fdry (2). 208 22% 19% 21% 191 |BOrt to be issued at noon Priday. Iron vearly or as _fre- 19851, $85 Ayt ieomutee s 2 iaden 20 GenPubms»::b L) Repub It & Steel (4). 12 76 74% 75 76 19 15 USPipelstpf(1.20) 4 16 16 16 15% :fl reported that “steel production” quently as neces- 1% 311 AmMetar (3) b B L A - ReynoldsSpring.... 1 4% 4% 4% 4%| 20 18 USPipe&F2dpf120 2 18% 18% 18% 181 |0AS taken an upturn after two months sary and to look st il Bl LA Ll T % Revrolds Tob B (3). 16 50 49% 49% 49% | 119% 50% U S Realty (5) .5 60% 60 60% 601, |Of sharp curtailment and the outlook into the affairs of Lewis T. MeFadden | 310 M A Dlanc i R i sun"“" £ Rhine West (1.92)... 3 41% 41 41 -4l 65 15 U S Rubber. L9 261 25% 25w 261 |18 for further improvement, although these corcerns, R0 70 AmP&LDLA (3 37U 10% GImbel Brothars. ). o Richfield Ol (2 4 24% 24 24% 24| 9215 40% U S Rubberistpf... 1 50 49% 49% 50% (It 1 expected to be gradual.” Directors Upon joint applications by 10 mem- [ ¢, a¢ ampfec el ] st 26 Gliaden Co (hoy 3 Rio Grande O11 (2) 3 19% 19% 19% 19%| 72% 29% USSmeltRef (3%). 4 35% 34% 35% 345 |Of the Penn Co. increased the annual ber banks the Controller would be re- [ gl To. 1% pett U 3 o4 9% Gobel (Adolf 2 Ritter Dent Mtg (13) 4 45 45 45 45%| §8 48 USSmeltRefpf3%. 1 53 53 53 53y | dividend from $2.33. Directors of the quired to_examine the condition of any | 34 2% A™ Renubiice: .. ek e Gl s RossiaInc (2.20)..... 1 40 40 40 39 | 261% 150 U S Steel (7).. 287 169% 167% 168 169 |Zenith Radio Co. omitted the usual Federal Reserve bank. An affliated | '¢ft 77 AT SON MO gl 3810 Goodrieh B x+a . Royal Dutch (a3.20). 4 53%% 53% 53% B58% | 144% 137 U SSteelpf (1)..... b5 141% 141% 141% 141% | Quarterly dividend. Giving as a reason corporation, according to the definition | 115, 75 ‘Am Snipbuilding (3) 1005 86 95% Goodch D (1) 1 . Safeway Stores(e5). 5112 112 112 112% | 22% 2% UnivPipe&Rad.... 5 3u 3 3w 3 |the need of conserving cas! given, is one which controls 25 per cent | 130" g2 Am Sth & Ref (4) o Ay St Jomeph Lead (13). 30 50% 49 © 49 49 | 58% 24 UULPwr&LtA (e2). 17 321 314 31% 31%| Call money renewed at 4!; per cent of the stock of & bank exclusive of non- | 140 {2 AmImARef (). - 4 T4 7. Goodyearistpt ¢n). 1 StL-SanFran (8)... 5 108% 108% 108% 108 | 131, 3 VadacoSalesCorp... 16 4 4 4 4 |0 4 voting stock. 12 98 < 4 1 L4 e . St L-San Fran pf (¢ 4 92 924 92% 92 | 1161, 37% Vanadium (14). 2 s1% 51 - 51 51% |, Public utilities showed more signs of "This bill would also transfer from the | 12, 38, Am SIoftof (6)..... 2081004 e Tl StL Bouthwestern:. 10 63 - 50K 62% 60 | ‘sore 15" VirewmlaCar 0% bt 1 28° 28 28 39 bullsh “activity than any other group. 358 i sy i v ! . . S R e Comolief | 114 110 Am Steel Fay pf'(7). 808 1105 % m-Paige. .. ... 11 e ket AL 1 200 T W 301 s 1002 wibian Siars 160 B0 6B Y EDY BB | Al par ety wHlcl i T permits to national banks to engage In | hun, 54 Am Serer ek (b b & 484 Granby Copper (8).. 2 Seaboard Air Lin 16 10% 9% 9% 10| 36% 20 WaldorfSystm (1%) 7 26% 28% 26% 26|31, points. Commonwealth power ad: » fduclary business. o | SR R A muma 0, BN 30 Grand Uniomt 67,2 4 severrafiCinené '3 2% o ol G| 108 000 Whenenst®0).. 1 £ 97100 mherd § poinis and Americkn For- s ’ b | a9 T 7 Regarding this bill, Mr. McPadden| 25.. 17 ‘A Tel& g (: 235 E . Sears Rosbuck (124) 99 88 6% aew sw| A% 22 WalyortaCe (Do 2 2 20M 2 20 |len Power 2. New York tractions aiso said it related onlv to the administra- | 4o 1ani; AmoTel & Tol (8) s gd Second Natl Inv...... Mu 1% 1% W 4 uged In one of their mysterious ad- tion of the Federal Reserve DANKS. ! nat® a0 Am Tobaoes (B (8} P e AN 2 2 Sec Natl Inv pf (5) 80 60 spyw| S4% 30 WarnerBrosPle (). 110 (3% 42 = 42% 42X |vances, Third Avenue Railways, Man- e 4 ; % Grt North pt et (5 1 S [ e 59% 25% WarBrosPpf(220) 1 38% 38% 38 36% ¢ fransferring all examiniog functions 10| 112 103 Am Type Farvpr(7) 19 GUNcHs O.P (a33%). . 1 Bt s . P2 M| g 15 warnerQuinlan (2). 8 20 196 1% 19 |Bark Tecan ariimnteed. Interboro the Controller of e Currency. e | 190 6 Am Water Wke (e1). 29 . GLAT At : Servel Ine. .. i 8Y% s 4 2 t 2 ransit and Brooklyn Manhat- s . G £ (230). 5 P . | 207% 115 WarrenBros (19)... 2 138 187 138 137 g:m‘f'hs;:n::;;tm“‘;mg&&T;‘: 204 5% Am Wonlen. 14% Grigsby Grunow (2) 24 Shattuckeray i M 17| 3k 15% Warren FyaTIpez). 3 Bau 2w 23% 24 :,',;‘h;l;‘:'m" ik seliing 0315+ peinte added, are complicated. His bill piaced | 11ony - kot am piocren » 18 Gulf Mo & North 5 Shell Union (1.40)... 23 23% 28| 118% 4 Webster-Eiseniohr.. 1 B% B4 5% 5%| A good demand was apparent- for them under the control of the Controller, | 110" &7ve Amacomds rowr i13.. 131 ok T e H TR e sea B ga | 40 T O ey (Bro. T 14w 14 14w 1drg|Gemeral Electric Simmons, General he sald. P ol L AR T ahn Dept S pf(824) 2 Sinclair Con Ol (2).. 24 24 2 | s . Railway Signal, Collins & Aikman and 9 4 27 . Hall (WF) Ptg (m1)._ 3 Skelly Oil (2).. 3 ern Maryland. 6 26% 25% 26% 25% Caat ; A Brilliant 1930° Forecast. R0 25 Anchor Cap (2.40) 1 88% 13 Hactman Corp B 120 ° 3 Bnioe Pucciny e 6 241 2o 20 20 |15t A i Ok B BT DR R BN | ac ISl ATOUE RSB, . 17180% 5% Hayes Body. . e Snider Packing pf. 30% 343 4% 43 4% Gillette Safety Rasor, Westinghouse e e orocadts plich 1:\ 5 Armour 11 (A) : 4 6% 45 'Hershey Choc (5)... 4 Solval Am Inpf5%. 954 € 195% 193 195% 109 |mectric and American Tobne'm B A ? 7 4 P, 1 4 oudatlle Her B (2). Sonthern Cal Ed (2). 568 - b’u%'e?:::llmudo-‘;m‘&‘ e b x| A4 6 Arnold Conntable. 1oe 45 Hhold Fipf 3.2215. 5 5 Southern Pacific (6). 19% 2% a0 1 A0 "‘x’x‘."'s?'fi:f" after openin; e Tl b Al | 2iaT, 40 Household Prod 4. 4 Southern Rwy (8) .. 133% WantvacoChlor (3):+ 1 33 33 9% 39%|nearly a point lower at 168%, crossea 7 'y G (2 oo 29 louston . S 2 i 4 U finish well, &_year of more bond flota- = 471, 3415 AsR0.0Ii (2)........ 708 37 24N FoweBouns, b oo K iy 8 White Motors (2)... 6 31% ‘31 311 ais |169 and held fairly steady around that tions, and fewer bank mergers; § vear| 298, 195% Atch'T & S Fe (16) 2 2993 $ D ) Whil e o+ | figure in the early afterncon. . of more trust in investments, and fewer | 1047 95 e 34 Hud&Man Ry (3.50). 3 Spang-Chalfant. Chite Rock M8 (14) '3 398 :38% 39% 3w |O61e In the eatly aftemoon, = = P with ' lation ; c npp Motor tf2) . .. ® Spicer Mfg. .. £ i % ment, . R e i) (= R iy M A b LA oo ‘3% Thd Metor Cyelé 12 Stand Brandes (1%). 26% 27%| 32 R e 9 o 8% Pl outside interest after earlier efforts in many shocks to the mervous system. 1A | ggx. 15 BaldwinLoce (1 prlr i ,;:,“ 13% Indian Refining 3 Bans R e Rl (1> o B B B e o i0). . 66 67 641 6ms 6y | the industries and specialties had failed.- i L ] -78). 331 1% jan Refining ct Stand Gas % S 43 4 4 . e 0wy warnings by the Re-| 10,. 931, Bamberger pf (6357.1808 108 e At s Stand G&E pf (4).. s Lot Tois| SO 65 Wrigley Wm (4).... 1 68% 68% 68% 68% g’;‘;&’%}:g%fihli‘zf;‘fin“n‘ paite: . 145% 105 Baltimore & Ohio (7) 8 116% 120 ingersoll Rand (4).. 2 Std'0il of Cal (h2%4) 608 61| 88 61% Yale&Towne(15)... 1 76 5 75 75%|Louis Southwestern 3 and Delaware & Z _ Barker Bros(2)..... 50s° 161 18- THewrRncENhazsite. Stand Oil N Y (1.60). 3% 32 | 1 Young Spring (3)... 1 27 ST J s o 28% g Sec pf( i & Jeen written which did riot sky hilf 86| 32% ‘12 BeaconOfl. ... 1% 2% 5 }::lerhk:rtl;c;: 5 Biovas Warat o3 :m. }fi.«! 52% 6% Zenith Radio (2).... 25 8% T 7% 8% stocks caused an irregular closing. Sales much as these few words. R4% 75 Belx NRvptpfsd4s. 1 82u 108" Tnt Bve Mach (e H Stone & Webster (2). 2o 80| RIGHTS EXPIRE approxij 1,700,000 shares. K P ] !:mzr:.det:geg&nmfi:r&cme: 1044 25 BendixAviation (2). 10 3 e e A Studebaker (15). L R R R e o e R A R =2 Ina construction in 1050 Will probably | 1406 78 Betniehem Stee) (89, 176 atu Pl > e > ¥l e 87 NiYCants. . 40 5% 5 B% 8% FQREIGN EXCHANGE. . ot differ from that of 1928 gy more | 128 116% Bathlehem St ot 47:.' " 122:2 T T ;:;e‘:::w:g:l 52:'. 55| 3% 2% Penna Ry 15 318 2a 2% 2% 2% | (Quotaiions furnighed by W B Hibbe & Co) Ban oeeents Motk priots bt | €1% 5 Bieominpexis B 1 ag 0 65 Intl Harvester (2%) & Basiaen. ibis1 42 Gas & 0.Jan15 5 129 11% 12% 11% Nominal gold Sellin checks ; : ros.. 24 |'245. 187 IROEATRERLY. .. H Superior Steel. . 215 22 = o ol Bl s value (or mar) ~ fodss: closs of 1638 will Drobably be well above | 118 70 Blumenthal pf (7) 8 8 23 - IntHydroEIA (e2). 7 2 Symjngton. 3% 3 Ll ::’::‘s"'::.'- (oA B M, SRS I sieend the closing months of 1929, - | 136% 17 52 52 47 InuM . Symington 10 8% Sal on New York Exchange. 4 atch pt (4) 21 i £00 Ny change very little during the year:| 100% 53 Borden Co (k3).. o son ARl s Tox Gt But (6, o 38 | Dividend raies as siven in the sbove tabls are the annusl cash Wages are unlikely to vary more than| 867 26 Borg Warner (4).... 28 pril T I bap & P Co): 8 Texp e a0 bio%), Tore T0u | payments based-on the Tatert Suacterly or ;.'Pi:x:.“'y'.m; o aracias, 3 per cent from 1929. 6 B BrieenMfp ... 100 16K 18 1% 16 | WM 40 ImiPrintngink () 1 6 Texas Pae Land Tr.. 14% 147 | in"steck. WPlus 83 preferred stock.' 1P 8% in stock. Bank Practices Being Studied. T 14" BroskwarMT oy 18 187 g% W% 4w 2% 8¢ Tt Shos D). v i L I 18 e e "when " earnc. "¢ Pasabie 'In "touh of siock. 3 1432 | 180% -95 ~ Int Silver (6 n RUA R : W k. « Plus 8% in stock. h Plus 3% in stock. ' ” At a meeting of the newly created | 81% 40 .Bklyn-Manhat(4)... 11 664 65 665 641| 149 58 IntTel& Teleg ()., 10 Tide Water Asso §0c. 12% 12 | otk " Phus 35 n stock. m Plus 6%% in stock Gl erown Commission on Banking Practices and | 92% 76% Bklyn-ManTrpf(6) 6 86 85% 8515 85 12% 12% Investors Equity (2 2 —— Stockholm, Clearing House Punctions of the Ameri- | 15° 7 Brookiyn&Queens.. 1 104 104 104 10| gi' a0 yeeer 4 ;i o4 : ; : /I can Benkers' Association, Hal Y. Lemon, | 42% 14° BueyrusEwie (1). 2 '22% 2om 20m 2w | SHAA Tewel Tea (A)........ I portant to the big structures created. p e e prodont o Commrts Tt Ga:\ 10 gk Buncreri 3N et G| 43 o8, St od i ol i) [ g pingion Tieker | | Tere o sod oo ctiniees kenin | | Baltimore Markets | | RRRSARKARAXEARD- Kansas City, was selected chairman, ueyrus pr (7)...... 208 107% 107% 107% 107% ] . th ke bl e t this st 2 —_— a & - v S... 16 .| .70} 63 Kan City Sou 8 Y CLINTON COFFIN, % winas leans. vice chaimman. " e meEdCED wed) 3o f I8 dmoamad e 10 12t T A..Emu.m..m...u.n'm:. e | Todern. that no comprehenstve history | et DiPelen Lo The su. 1 . “Thy of the Commission on x < A . the business pomt of view. TIMORE, ., Janu 8— B-nkl;spm!wm snd Cledring House | 38, S RIVA RGN (B:1. (13 2%’ T $7 27| AN, 384 Felth Albes-Orp. 12 -2 2""|zxme .enmmrclllw:!l‘rnllhe a1 Lo e ye el enoatenptet Poultry, alive—Turkeys, pwn:qzmr Functions,? sald Chaitman Lemon, “5 | (700 -$3%-Badh Term aok (1)1 400 Toa 1o 108, &8 | B b Ellv Spring Tire 3 a8 s a8y 2| tons which have sprung up over the | There is a good deal of comfort for | old toms, 23a25; Spring’ chickens, 268 to ur:;luo;nmigmuy mm:fl':; 9% 2 ButteCop&Z (50c). 9 4 4R % T T lzlx;l‘t;: st:l:-mm.:he hfirt;ueg: ;rf holders of street car and trolley car|3p: Leghorns, 22a24; old hens, 22a30; . Tith the responsibility of studyiug and | 1% 4% DuttedSuperior @) 1 & 50 61 a0 som sous | WUORE " Cqule” It is the Impression | ciston nanded down o ek which | Old foosters, i7a18; ducks, 16a38; geese, Flrst Mortgages % 89 90 olster Radio. . g - r, 25. - % p B e L &k /635 CalTPucking (1) > ) 1 o7k oT% . o7 o7 | [10% 3T ReabtPnco (1% S g 3 3ew o | the enterprises engaged in cartying alr- | earnings which public utilities may be L e We have a desirable list of ship. Hence it represents no particular 4 1 CallabanZinc&L... 1 14 1 3%, 1 5715 28 Kresge(SS)Co(1.60). 23 34 33w 334, 34 %"‘;‘kf"emg retlfm s 16 Voline allo to enjoy in the future. It 18| pearby firsts, 45 pullets, 40; hennery 614% First Mortgages which we division, section or ‘group but addresses | 136% 731 Calumet& Arix (10). 2 881 88 sgy, 8 | ,40% 2N Kreuger&Toll (1.34). 475 204 26% 26% 25% O il inereases, but that the reg. | Senerally recognized that the street car | whites, firsts, dozen, 45a46; culls and| should like to submit for your ’ ftself 6 all commercial bank manage. | 61 25 Calumet&Hee (4%) 3 32% 3215 aos 93| 1224 38% Kroger GraBak (e1) anams wn e ) Ol T carrying Toutes, espe. | SPUyrptises have sustained the brunt | dirty eges, 25a30. : spproval. ment problems.” 98% 45 CanadaDryGA (5). 31 67 64% 664 641 | 167% 80% LambertCo($)..... 981 97 97 99%/| ciglly the longer ones, are encountering gfukllllnz: competition from auto and | ~Butter—Good to fancy creamery, S rerin 265% 185 CanadianPac (10)... "7 1914 189% 191 18915| 25 = 5 LeeRubber& Tire.| 17 8% 8 84 8| oerating losses as the Winter months | pot SGoce: hat the court seems to | pound, 34a40; ladles, 30a32; store These safe investments are Bank Conference Planned. 48% 27 Cannon Mills (2.80).. 3 273 27 27 27 | 60 30 LehPortCem (2%). 340 34 34 34 | R allure 1o earn a return | Nave done. in the course of settling & | packed, 20; roils, 27a20; process, 36a37.| spomsored and guaranteed by this Washington bankers have been invited| 8% 17 CapitalAdm (A).... 3 208 19% 19% 22| 102% 65 Lehigh Valley (1434) 75 78% T4 8% pag gecasioned a reconsideration of the | SONUOVersy between the United Rail. i iz e to attend a two-day regional confer-| 467 130 Case J D) (6).. . 3195% 195 195y 1921 | 68% 28 Lehn & Fink (3)..... a0 30 30 31 | ooebility of getting subsidy aid from ways of Baltimore and the Maryland ve Stock Market. I e corporation. ence on bank management to be heid | 108% 58 Cavanagh-Dpf(6%) 10s 71 71 71 70 | 43 17 Libbey Owens (1). 20w 20% 20w oiw | RSOy ol et e, but air | Utllities Commission in favor of the | _Cattle—Receipts: 75 head; light sup- Sl 2 K in Philadelphia on March 14 and 15.| 79% 31 Celotex(3)......... 1 43 43 43 45 | 106% 80 Liggett& My B (15). 96n 98 96 97 | DOCN O e to regard that solution | COMPANY. I8 {0 lay down the principle | ply. market steady. ecured on improved real Similar conferences have been held in| 48% 21 CentAguirreAs1li. 5 26% 261 26% 261 | 57% 31 ‘Lima Locomotive... 38 37 37 384 | Oheir problem with a good deal of that a higher standard of earnings is| Steers—Choice to prime, ‘none; good e in Washington and its - other sections of the country and have | 59% 27 CentAlloy Steel (2). 10 326 31% 32 328 1137 40 Liquid Carbonic (4). 59% 58 59 B84 | gieacte even though it is well recog- allowable in the field than has been | 1o choice, 12.75a13.00; medium to 7 burbs, and backed by our proved highly successful and practi 120 524 CerrodePasco (6).. 8 64 63 634 64s, | 54% 32 ‘Loew's Inc(3): AT 46% 4T 48% | Do BT o Buropean air transport is all | Oitherto permitted. 11.50a12.50; fair to medium, 10.25a11.25; $3,400,000 resources. 32 10% Certain-teed Prod 1 11% 3% Loft.Inc.... % 3% 4 44 “What s a fair return cannot be |plain to fair, 9.25a10.25; The States included in the local area 13 131 based on subsid 25; common to are Delaware, Maryland, New dJersey,| ~70% 18 Cbecker Cab (4.20 8 38 38 88% 391 Loose-Wiles (2. B1% B1% 51% 51% | “Ngg o th - r transport lines | 8ettled by invoking decisions of this | plain, 8.25a9.25. If you desire, you may pur- < 2 g i| 279% 160 Ches & Ohio (10). 207 31% 14% Lorillard (P) Ce 17 17 1% 17 17 . pamciye G court made years ago, based upon con- | ~ Buils—Choice to prime. 5 New York, Pennsylvania, Virginia, West Y% 208 ill do and are doing is to take the prime, none; good chase these safe first mortga, Virginia and the District of Columbia.| 92, 42 ChesapeakeCorp (3) 2 64% 64 6412 64 18 7 Loujsiana Ofl 9% 9 9 Y 'ld s '"r sharpl Mum rates q | ditlons radically different from those | to choice, 9.00a9.50; medium to good, o i thl G- Wilmer 7 Waller, as pregident of the| 19% 4~ Chi&Alton. O o %] 1w 28 fovcama asw 39 . ap ' |bold step of sharply cutting rates and | wnich prevail today.” said Justice | 7.758.75; fair to medium, 700a7.50; | " CO"Cein monthly payments. Distriet. Bankers: Assomiation . will be| 66 36% Chi& East 1) 4 41% 40% 401 3es| 108% 22 Ludlum Steel (2) 86 85w 34 35 ad | fares rem e et Gommierce. for | Sutherland. in expressing the majority | plain to fair. 6.00a7.00: common ' to Denominations as low as $250. a member of the general conference| 23» 7 ~ChiGreat tern.. 2 15% 141 15 143 59 214 McKesson & Rob (2) 32% 324 324 324 | Aeronautics. “Subsidy projects are | VieW of the highest tribunal. “The | plain, 5.00a6.00. committee, and Secretary C. H. Pope| 63% 17% ChiGreatWestnpf.. 7 39% 3715 39 37 | 114% 55% Mack Trucks (6). T14 70% 0% 70%| piways being discussed. but the outlook | PrOBlem is one to be tested by present| Cows—Choice to prime. none; good [ Sendfor Booklet, “The Success Plan” of the local ‘assoctation has been asked| 44% 16 ChiMIIStP&Pac... 2 25% 241 25% 24%| 59% 18% McLellan Stores..... 9% 195 19n 20 | AMAYS DElng A e at a1l and s | cOnditions. ‘A rate‘of return upon capl- | to choice, 8.008.50; medium to good. g to serve on the publicity committee, 68% 28% ChIMUIStP&PacDt 12 44 4215 43 499 | 326% 110 Maocy(RH)&Co(ctd). 2 1374 137% 1373 137% tal invested in street rallway lines and | 7%00a7. ir to medium, 6.2586.75; " her doubtful. But the possibility * 3 121 121, 12% 12 | v other public' utilities which might have col 12 “a2 g2l 12| TR e Wil ol the assengey | Suner Bublic:udlities which might have | plain ‘to tair, mmon " to REALESTATE lanes is now likely to be earefully g 14% 14% 14% 143, | P furnishes & safe criterion either for Heifers—Choice to ime, none; good 27 27 271 27 | tested out. the present or for, the future. Nor can | to choice, m.oo-u,oo;m:nedm; to good, HD!!‘I’GAGE & Gmm 46% 33 33 3414 SO far, air travel has been a rather |, ryle pe laid down which will apply | 9.00a10.00; fair t5 medium, 8$.00a9.00: 8o much interest has been manifested | 108% 75 Chicago& NW (5).. 2 85 84% 84% 86 | 24 11% Madison SaG (1%4). in better bank management during the| 6% 47 ChiPneuTpf(3%). 1 52 52 52 - 5¢ $2% 35 Magma Copper (5).. Put year that it is considered quite 143% 101 ChiRI& Pac (7). T 118% 1148 115% 1141 | 38% 14 Mandel Brothers. . kel 50 25 Chickasha C Oil (3) 1 25% % % Supply. ly ‘that every bank in the eity will | 72, 0, Ul S (0 ¢ 26% 25% 254| 37% 19% Man Elec Supply send one or more representatives to 12 59% '57% 8% 59 57's 24 Man Elev mod (45).. T oo e Pposentatives ol 138 26" ChryalerCorp (3)... 42 36% 3w A8 36w | 36% 19% Man Shirt (2)... 22 22 2 21| cxpensive'matter and the appeal for \ts | uniformly to all sorts of utilities. What | plain to 'fair, 7.00a8.00: common to cn"nmlul . With ‘an enthusiastic response at to-| ©2% 37% Cltylee&F (k360).. 4 42 401 42 41 | 104 189 Marmon Motor (4). 24% “24% 24y 25 |utilization has b"h: Gdrean }‘: may be a fair return for one may be | plain, 6.00a7.00. Fresh cows and day’s bankers' luncheon at the Willard, | .27 7% City Stores (1)...... 14 95 9 95 9s | 72% 29 MathiesonAlkill (2). 41% 41 415 4o% | class of people who move in drawing : inadequate for another, dependent upon | springers, 60.008150.00, i i 85w ‘oe S0% | rooms and private cars on railroads. It circumstances, Jocality’ Aua e " | Bhoep And iacabe.-Tceipts, 300 head: o a1. 31 31 - 30s | may be that in the air as on the ralls| "“J¢ is not certain that rates secur- | light supply, market stead; . 31% 31% '31% 32 |end over the highways a commercial |ing a return of 7' per cent or even | 6.00; lambs, 6.50a15.00. 154% 101 Coca-Cola (4) Bankers to Visit Baltimore, 50% 44% Coca-Cola A (3) 72% 10 Collins & Aikman Chairman H. F. Kimball of Wash-| g3 271 Colo Fuel & Iron. 2 1347 133% 134% 134 | 1081 45% May Dept Stores(c2) 1 4815 481, 4815 48% | 49% 28% Maytag Copf (3) < 82 19 16% 18 16%| 72 26% Melville Shoe (2) 24 JACKSON PLACE wEBunsashacnn-stuiusnEnprnen Sunlassnssnnenia s . 5 3 1 volume can be built up only at|g oh e 2 ington OChapter's “atheltic committee | S0 514 Colo & Sou 1st of (4) ,"" 41 40% 40% 40%| 34% 9 Mengel Company 17% 176 17% 18 | travel per cent on the value of the property | Hogs—Receipts, 250 head; light sy 70 ican Seaboard rates low enough to attract business. e - 2 Somier il i i Blue| 160, 82 ColGasdEl (). 5 T0% ok S | 4% 20" Midmt Copper (43 RN 1% 1R LT anderstand! tie) Bt Dot e ) o avald eonfies Bk e IEhts, 10.50a1070; AW W W W HE WX RN EY ompe! OTe | “ggs, 16 Columb Graph (37c). 30% 291 2915 30 | 122% 44 Michigan Steel (234 81 60 60 62 |of the passenger-carrying lines, their| In addit i o8, o )-25810.70; ~medium. 10:30m | S — % 30 fon to the downright t | 10.50 hi, for A. L B. honors next Saturday| g4 105 Columbian Carb (t5) 7% 1 39% 22% Mid-Continent P (2 27 % 27 5% | operators consider that the losses being | the I ightness of | 1050; roughs. 17.50a9.20; light pigs, Bgpe: 2% Com Credit (2)... T '2g 'on 3%| "6 T'a Midate States Ofl et.. The 0° 7] 2| St Wil run /about ABe saie with & | mesk SYIAelly et v s Doty | (T 0. i 10onIe.T0. Thomas P. Howard, Willlam Grimes | 5o Comm Credit A (3) 3% 34 35| 28% 3% Miller Rubber... ... e kB iy TIVmDAE of yeotile b 0w Fates!] B s | e e (e U= | | ORIVOERecelitunas BTV IRE Hipe nd William {PURSStot Amerioah: Be- |, 75 omCred pr B (). 805 23 23 23" 53 | 4% 10 MinnMolinePwr !l 14" 0% 10 14| an They. run with the ‘smaller mumbers | suggestion. tha sn 3 per cene retum | L0 Lt Seady calves, 7.00a17.00. ;v;:hmmm Loan & n:: .Rlchmxt:‘l‘; 63 20% Comm Solvents (1),. 18 :2.‘ ;2% ;&, ;2., 1:%‘. S Tee RaE e V(T - : lgg% 13:% "5’2 "4':'- Lo -cml:ub:l"m:nn;_n‘;.?s.!:: trr:f :%?;?:-:.umy to be followed up in | Potatoes, white, el, 1.5024.00; 100~ ite: V. T Weteen “Lincoln Nationar: 246 105" Comwith Power((4). 3127 125" 126 323 | 100% 8" Missouripacific. .. 'z 0 sa 8 ay | duction in fares does onerate to stm- e DO decks oy 1ia28s; awsst polatoss, > O , 24% mw ou(§0c) . 1em 1 ‘ 149 ssouri Pac pt (5). 186 135% 136 135 | ulate traffic immediately.” b1l , 2.0083.00; ?:::’e‘l‘h z.rnom. "‘“’.‘I.‘.‘,‘ N;:il;n“& 93 ;? f«m,ls:n l;n:- (2). 2 49% 433: Ifi: :x‘a 80% xfl :nhnwkc(‘"hl:h’t’:)). ; ‘37% 37% 37% 38 On the longest of thye passenger m'm: g&‘:.{n:,‘“m:mmlmndyfl:cmi m & e l?:mph:n?o- ‘ll'n;mu . Brooks 36% Congoleim-Nairn 2 14 136 14 13| B80% onsanto Ch (g . 51% 51% 51% 51% routes operating, the Transcontinental | South Bomed Ll L) 3 T ;e Womersley, Riggs National, and Joseph | 3qa. 154 Consol Film pf (2) 2 18 5 166% 42% Montgomry.Wrd (3). 176 465 a6y A% | 's' comst-to~const American countries are goIng €0 | rots, 100, 2.00a4.00: caulifiower, crate, D._Yerkes, Federal-American National. [ 33 3010 Consol Gas N Y (4).. 31 100 se o 20 eyl S <176 (b Mk 4k 4g% ) Air Transports -to-coast enter~ | be particularly active In extending | 125a2.35. celery, crate, 1.50a3 25 . Several ‘officers of the local chapter | 155 8% ContolGasN Y (Vky 3 loow sew omi sex | E R % B brise. which is run in co-operation with | hard-surfaced roads during the next | plant, crate, 30045 etyomle " 99 % © 1% Mother Lode (40c) B A Caty ~gh g d i . 3.0085.00; lettuce, crate, And their wives, are to scoompany the | '\ a4 Contl Baking &-osoe 7 43 G 43 se| 1N G04 MOITMSUTOAELL o1 S Bu - B mfi:a."{';'&'m:"ma?:.fi:'.’;..:.‘;:; the Tacr That ‘American. mond: celking | o S25; kale barrel 1.2681.50; onion, contest. 7 15% 4% Contl Baking B, 7.8 5% % 6 S5% 21° ‘Motor Wheel (3).... 1 28% 28y -28% -28% | nSing only between 35 and 40 per | machinery of the most modern type is | 3.00a4.00; peas. 5.0045.50. 5 a : = Riss o Pat S | 3.0024.00: peas, 5.0085.50: parsnips, bas- % 46% Contl I (2.40 o % S S ‘ % 20% | calculates that the daily deficits are ' , bushel, 75a2.25; cranberries, Pl it Lo Mg ol R BeConttstmimatore, £3 5 s 18k 4o Nash Motors (8 2 8% s s 54 | close to 5,000 on this asis, rollers, ‘Toat Srmdors end e iy | oS A0AATE: srapetruit b " £ Del. . 12 23 4 15 11% 11% 12| At the same time Willilam P. Mc- | taining equipment, the t o) R St es, on the Washington Stock Exchange.| 47 18 ContlOilo 228 225 225 < s " equipment, the statement says. |box, 1.25a2.50; strawberries, quart, 30860 45% 28% Contl Shares (1)... 6 30% 304 3015 3 71 " 0 10 10 10 | Cracken, executive of the New York- |there has been an increase of 17 per g g s Potomac Electric Power 6 per cent| 52% 20 A . 6% 25% 26% 27 ot i ing air communica ween . Tepresents a continuance | Wheat — No. 2 red prefomed som at 1105, while ihe ovy| 31 24 Creamof Wht(12). 4 26 26 26 26 | 146 140 NaulBisewltpf (D). 148 148 145 1452 United States and South America, says | Of demand for these articles at an ever 1303 No. 2 red Winter, e Only one out of every 125 15 Crosley Radio (1) Wiy | Gy ey M et e SRR T0) 5% 76% 75% 75% | that no halting in that company’s pro- | increasing rate, and considering road | 127%: Ji 2 1oy hundred makes money b; per cent ismue came out 8t 106 Twenty- | 170 37, CrowncCorkaseall 1 41 & 43 | 3% 36 NatDaiy <162 474 4 48w AT gram' s intended. The fying boat | projects in North and South America. |no quotations, o o % ||| speculating. Don't be. ane stock moved at 133. G 26% 17" Crown Zellerbach (7) 11 17% 17 174 18 58 16 Nat Distillers (2). I TTP TR ) an% passen, service on that route is|the department believes that 1930 will | Corn—No. 2 domestic, yellow. new, |l of the ninety-nine. Put Mergentiialer opehed- at 106 and ad- | 1212 4; :_ruc::::g:::'l4=5({,-- : 89% 89% 89% 88%| 7y. o3 (U Pwr& Lt (1)... 7 33 39% 32% xzz scheduled to begin within 60 days and | 8ee even larger gains. 1.05a1.06; cob corn, new, 4.6084.70. ifll your savings where they vanced to 10615 in a 25-shore turnover. | Loy A citcsvitinar i v1 s 0% 1 144 "98u Nati Supply (5) 1 192% 103% 102% 1024 :“trelq;: gridly "..',"c'fi'.m&"iu'-'%:'x AT NS i m’ whmmkdowm”m‘ spot, 56; | |}l will be safe and assured of ?-”;.';"':525"’ n"‘.'.'.?.“‘:‘ao fr?impr:fug:-dl B tsica¥es R R ':gu u:@:;::.‘:-rgri:‘::n P i 73 | on regular schedulbs on this hemisphere. | SHORT-TERM SECURITIES. Rye—Nearby, 90a1.00. o a nice return by invest- Estate Mortgage & Guaranty preferred| ' u 1% Gube Cane 87 7 e 2% 24| ez '28% Nevada Copper (8):- 23 Rin ke Rk K || i et At R 08 | (Reported by 3 & W. Seligman & Co h,’,",‘.fi":'fl%.‘“fi’mfi':‘” & rmor N e / sold at 7. 24% 5 Cuba 3 10% 10 10 101 i X e i oo h ! & & 22 169% 167 168% 168 | mediate fireworks today when the Fed- arriving, but hardly enough upon which i and Anacostla & Potomac R. R. QUar-| sor 6% Curtiss WrightCorp. 18 8 ‘g ‘ge 49%| 58k 33 N ¥Dock..... 5 e de . lanrauspenuea inquiry into the public Where in good order new hay selis at gag anteed 5s. Demand was moderate at| 371 '13W Curt Wright CorpA.. 4 15 147 1o 8. 182% 80% NY NH & Hart (6)... 2 112% 109% 110% 110 | utlities of the country, but people in- from 14.00a17.00 per ton, according to recent price levels, i3 il i | 48% 15 . Norfolk Southern. 4 17% 18% . 17% 17y | terested in the enterprise say that the its quality and condition, receipts by Notes American Seccurity & Trust, Union| 69% 21% DavisonChem... 2 20% 290 20 29 | 186% 66l North Am(b10%stk) 20 95% 94 954 95 | more interesting matter will come up in truck taking care of most requirements. Trust, Pederal Storage, Security Storage | 226 ;;:'r- 3:"".'{;5"“5- : Lfl)fih 162 163% 161% 6#/- QI;L_ ::nr:h Amg»r "5)' ; 2:;/- ggu .B53% 53 | due course. Since the start of the pro- lst&lw— t'allle’demu?d “’v’v;?:" Re- | and American Telephone are the only | 385 trof son 200% 200 200 200 | 118% Northern Pae (5) % .87% '8T% 86% | ceeding its open-hearing phases have ceipts generally ample. t straw, » d 11% 6 Dome Mines (1). 3 6% 6% 6% 6% | 114% 75 North Pacet (5). 3 86 844 86 R4 ived ly & icies and No. 1, per ton, 9.00a10.00; oat straw, A it Cr kg 13b% 6 Drug Corpn (4) 6 79 7w 81 78 | 4% A% Nor Ger Lloyd(341). 4 6%’ 46% 46% 48% | pursuits S tntic, vty paratces No. 1, per ton, 9.00810.00. Yielding 1 omptly A O 2 2 3:::;‘:'2;:‘;::":3’ 8z S:% (8 36K 3 | 6wy & OliverFarm Equip 1 4% 14% 144 14% | and organsations in influencing public | & e 2 0" E 9 99'% 64% Olivr Fr Eq pf A(6 1 Ti% 91% 71% 72 |opinion and today's sessions are in- - i 107% Dupontd Ndeb (6).. 14 118 117% 118 117 221, Otis Stedl (234). E f these | Sengy SURY CERTIFICATES. %he Riggs National Bank has mailed | 119% 1¥' 56 v Otis Stedl ( 1 31 31 31 321 |tended.to give representatives of tl r T, A ke ¢ a statement to depositors since the De- | 39% 19 EstaRoll Ml(Rt2). 2 23% 28% 28% 23%| 98% 42 ,PacificGag&X(2).. 16 53% 53% 531, 53| concerns -opportunity to explain and | Grand Trunk of Carada 6s ib3e p Revorted by J. & W. Sali & Gember 31" call ‘showing resoutces of | 264% 150 _Sastman Kodak (18} 2177 176" 171" 1760 | 1@ ey’ Pacinc Lighiing (33) 19 80 77 0) 7ei | defend stepn taken. Humbie Ol Be 1853 o 1001032 1009852 I.'n,osf,wlé ‘m 8;5:! hl‘l $3,000,000 ;:t 1: l:’l;n‘:ll;‘:f’(;)) } 2:‘/‘ z:' z: g:‘ 312% “5(- P‘c{‘flcdoa stubs. :o 1:9': 1 M1 !mmduul'yn;:nrr.nmr. ‘:‘m;gh. :hc ;lnu‘l,nl‘(:;.l(..ug‘czm_ Fr - 100 16-32 100 13-32 capital and 000, us. a n-} . % % “ Ve _ Packard Motor (1) 4 16% 16% 16s | commission ers prom! pul bl 3 L L. A The Childs Restaurant Co. reports an ; 112 39 Eitingon pf (§%). 1 41 41 41 41 .| 69% 40% Pan-Am PeteB 17 604 59% 60 5914 | new slant into the record in the way | Eure B’ Gom %, £ 18 Increase of 1,6 per cent in sales in De- 174 50 ElecAutoLite (6)... 9 82 81% 1% 82 | 15% 3 PanhandleP&R..... 1 b5% B84 6% 4% Of describing the organization and cember, compared with the same month | 18% 3% Eleetric Boat. . 20 5% 4% % 4% | 76% 35 Paramount-F-L (3). 27 B51% 50% B51% 51% | financing of the utility mergers which ’ last year and & gain of 44 per cent| 86% 204 EIPwr&Lt(l)..... 27 51% 50k 51 5i%| 13% 3 "ParkUtah.......... 1 3% ‘3% 3w 3y have so strikingly exemplified them- NEW_ YORK, January 8 (#.—Sim- for the full year. Many employes of | 109% 98 ElPwr&Ltpf (7) 1107 187 107 107 21 15% Parmelée Trans 1%. 1 1 18% 18% 19 |selves in recent years. The vast sweep P mons Co. reports that December sales the company are buying. the stock at | 22% 3% Emmerson-Brat A 1 3% 3% 3% 8%| 4% t‘x: Pathe Exchange. ... % 3% 3% 3wland scope of mergers, particularly of [ Grion’ showed an increase of 56 per cent over 856 a on a time basis, many' 13 1% Emerson-Brnt B.. 1 ly- 3% 3% 30 &4 Pathe Exchange A s 6 5% 8% 64 mergers of electric utilities, is going to Roite . the previous December, total sales Christmas -bonuses having -been used 9% 31 Eng Pub Serv ($1) 6 39% 30% 39% 394 474 '24% Patino Mines (3.89 3 o 30 be explored and analyzed and some | Western Elect s mee €2 Der e Digher @Bin | .2 94% 9% ée 04 22 @ Peexless MoterCar.. 1 20% 30 6% 6% 64 G dight thrown on the personalities im- Wheeling 8 for the purpose. % : 123% 80 En! Pub Sve pf ( the 1928 .,