Evening Star Newspaper, January 19, 1930, Page 35

| CURB ISSUES EASE IN HEAVY SELLING Leading Issues Recover Most of Losses Sustained in Early Dealings. BY CLAUDE A. JAGGER, Associated Press Financial Writer. NEW YORK, January 18.—The curb market closed irregularly lower today. ‘The market showed pronounced heav ness in the first hour, but rallied briskly under the influence of short covering in the last half hour, and leading shares generally recovered most of their losses. Aluminum Co. of America dropped 10'> points in a small turnover, and American Gas and American Light & ‘Traction each lost*about 2 points. Elec- tric Bond & Share and United Light & Power A each closed off 17 point. American Superpower and Niagara Hudson, however, were more steady. Utllitles Power & Light B was again a buoyant feature, rising 10 points in a few sales. Oils firmed up as shorts took their profits on the recent decline in this group. Gulf lost nearly 2 points, but Humble, Cities Service and Standard of Kansas closed fractionally higher. Newmont was a soft spot in the mines, losing about 3 points. Indus- trials were dull and irregular. General Theaters lost about a point, while Ford of Canada A closed fractionally higher. Fox Theaters A reacted on an- nouncement of filing of a receivership petition for Fox Film, but rallied before the close. Investment trusts moved in NArrow ranges. i el NEW USE FOR ELECTRICITY. The American Agriculturist for Janu- ary contains an interesting story about a device for electrocuting flies. It seems that all the installation requires is the substitution of a special screen for the ordinary screen and this is con- nected with th! lighting circuit through a_special transformer. The screen is charged with electricity and contact with it by flies and other insects starts | them on the long, long trail. Dur- ing the Summer months the equipment destroys as high as 2,500 flies per day by actual count. NANCIAL. By the Associated Press. NEW YORK, January 18.—Although softwood lumber orders slightly exceed- ed the cut, the combined hardwood and softwood demand was about 96 per cent of production during the week ending January 11, according to reports re- celved by the National Lumber Manu- facturers' Association. Shipments were 86 per cent of production. Railway and indt the United States and Canada, num- bering about 600, are expected to attend the fourteenth annual banquet of the Canadian Industrial Traffic League on January 24. The gathering will be ad- dressed by E. W. Beatty, chairman of the Canadian Pacific Rallway. Reports that native ative farmers and ship- pers at the African Gold Coast are holding back their cocoa in anticipa- tion of higher prices was one important factor in the firmness of cocoa futures on the New York Cocoa Exchange dur- ing the past week. Another report sald that the Gold Coast colony govern- ment was planning to raise the export duty on cocoa. Prices on essential olls were weak ing the past week, according to the Oil, Paint and Drug Reporter. The index number of prices was 130, compared with 147.4 a week earlier, 150.7 & month ago and 202.1 at this time last year. Collins & Atkman Corporation, pro- ducers of textile fabrics, will soon enter the carpet and rug manufacturing field with the introduction of a new type of carpeting. LOAN COMPANY INQUIRY. Virginia Organizations Must File Data on Activities. RICHMOND, January 18 (Special). —Investigation ipto the financial affairs { of all small loan companies doing busi- | ness in Virginia has been launched by the State division of insurance and banking. M. E. Bristow, deputy commissioner of the division, sent out a questionnaire, in which he asked fdr a complete finan- cial statement of profits, losses, ex- penses, etc., for year 1928. The ques- | tionnaire follows closely the form of the corporation income tax report. The companies had been notified inlormllly that the Mnformation was to be re- quested. DISTRICT BUSINESS BAROMETERS Business barometers for Washington in December show that commerce here for the year 1929 was generally well ahead of the level for the ysar 1928. There were increases in some lines in December over the same month of 1928, but decreases in other lines. Bank clearings here in December amounted to $116,074,630, as compared w.nh $120,981,412 in December, 1928, but the 390,728, an increase of $45665,126 over the year 1928, accordin ported by Charles E. Bruhc, manager of the Washington Association. total for the past 12 months was 81,4 to figures re- earing House Postal receipts here in December were urn 11! ll. ln incnne of 3.71 per Postmas M. Mooney. cent over December, 1928, according to Electric power consumption in the Du!rlct 1-50. mnmh amounted to 678,737 kilowatts, an increase of more than 4,000,000 over December, 102!. n ll reported by the Potomac Electric Power. ‘There was an increase of more th over the same month of 1928 and a greater incréase in the ave: originating local calls per day. These compared with 598,398 phone Co. reports. Retail an 8,000 telephones in use in December number of calls last month numbes 632,604, as in December, 1928, the Chesapeake & Potomac Tele- 1 trade here in November registered an index number of 144, the same as for November, 1928. The Federal Reserve Board report for the whole fifth district, including Washington, however, shows & gain of 3 per cent in December over the same month of 1928. Since Washington usu-lly a leader in this area, it is believed Washington showed a gain last month. CHECK TRANSACTIONS WASHINGTON CLEARING HOUSE 1926. $112,853,440 9 0‘07; 8, 115,978,401 118,968,666 128,361,071 121,511,514 . 104,912,119 105,608,781 119,532,824 118,066,537 127,262,714 $1,392,580,951 POSTAL Reported by 1926-27 $380,996.07 371,654.56 447,804.14 541,876.96 505,417.39 686,860.38 452,798.09 460,256.72 521,930.24 498,290.44 434,724.09 426,669.19 Totals.....ceeeess $5,720,206.27 1927, 1928, - 1920, $114,408,832 $129,438,201 4 109,649,040 121,510,442 122,284,990 ,795,928 124,139,370 120,019,886 129,300,062 120,850,495 126,836,188 2° 124,028,347 127,497,771 ,049, 113,653,519 113,117,412 137,660,603 137,068,284 122,706,244 120,261,737 123,681,252 129,981,412° 116,074,630 116,851,774 114,264,134 and had a marked declining trend dur- | $1,385,807,426 OIATE.'IID.GM $1,481,390,728 RECEIPTS Fiscal Years. 1927-28 $388,568.16 397,809.26 476,465.09 506,960.09 511,040.11 687,795.65 473,473.51 466,626.95 5217,486.19 508,543.44 470,110.35 447,490.35 1921 $391,4 42! “ 414,342.79 460,674.25 547,474.88 545,321.21 607,118.68 494,108.07 6172,162.47 480,863.77 467,238.68 505,179.65 499,056.83 491,322.56 151.00'.20‘ $5,860,378.15 $5,886,415.57 KILOWATT HOUR OUTPUT FOR DISTRICT POTOMAC ELECTRIC POWER CO. Month. 1926 January 15,049,208 14,5%0,549 14,038,461 13.990,862 15,081,528 15,157,253 15,248,254 15,576,137 15,515,505 15,713,113 15,861,946 16,442,705 1928 1!3’. 22,016,010 20,000, 602 2].620 790 21,071,318 21,078,386 21,717,953 21,182,306 21,180,690 1027 17,036,730 16,154,758 16,275,840 16,266,108 16,413,356 16,740,188 16,427,149 16,330,080 16,203,226 16,796,510 18,131,429 19,030,145 10,484, 1101 19,555,847 19,470,453 19,710,347 19,286,368 20,256,623 20,663,298 23,540,201 24,678,737 TELEPHONE SERVICE IN DISTRICT CHESAPEAKE & POTOMAC TELEPHONE CO. Number of Telephones in Service. 1926 127,411 128,128 129,544 130,352 130,756 130,330 130,137 130,410 131,620 133,337 134,684 135,780 Average Originating 1926 544,604 564,198 564,135 585,425 584,227 559,499 487,806 437,939 506,733 539,386 554,561 586,784 1927 136,508 137,285 137,992 138,281 138,468 138,457 138,563 138,730 140,177 142,039 143,196 149,501 143,585 150,360 Local Calls Per Day. 1927 560,613 576,881 1028 158,013 1929, 588,646 598,398 632,604 *Seasonal decrease due to vacation period. * INDEX OF DEPARTMENT STORES DISTRICT OF COLUMBIA. Averagé Monthly Sales 1923=100 THE SUN DAY STAR, WEEK ENDING JANUARY 18, 1930 Last Week . $,161,900 Total number of shares sold 20,067,100 Same period a year ago... Range, 1929, High. Low. Stocks and Dividend. 8" 6 Acetol Prod A. 7 Aeronautical lnd . 1% A'nautical Ind war. . 5% Aero Supply Mfg (B)... 18 Aero Underwriters 15 Agfa Ansco. 66 Agfa Ansco pf. 17 Ain'worth Cor (33%). 10 Afr Inv Ine, vtc con pf. 109% Alabama Grt So pf (17). 1% Alexander Indust. All Amer Gen Corp. 4% Allegheny Gas Corp. 15 Alles & Fisher(2). % Allied Aviation..... 4 Allied Int Inv. 85 Allied Int Inv ) 10% Allfed Mills, Inc(80c). 28 Allled Power & Lt 401 Allied Pwr & Lt pt 71 AlAP&L1stpf (5).... % Allison Drug Strs B.. 148 Aluminus Coof Am.. 103 Alum Co Am pt (8) 20 Alum G'ds M (1.20). 99% Aluminum Co. Ltd 81 Am ArchCo (3). 38 Am. Bakeries, A(3). 6 Am Brit& Cont... 18% Am Chain (3) 76 Am Cigar Co..... 29% Am Cit PAL A (a3). 10 Am Cit P&L(B) (b10%) 16 Am Colortype (2.40).... 18 AmCmwith P A(b10%). 22 AmCwith PBb10% 215 Am Comwith Pwr war 1 Am Control. .... 20% Am Cyan B (1.60). 24 Am Dept Store 14} Am Equities. 98 Am Gas&EIlpf (6). 6% Am Inv, Inc, B 3 Am Inv, Ine, wai '« 68 Am Laundry Mac 190 Am Lt & Tract (10) 28 Am Maize (12.80) 87 Am Mfg Co (3) 1% Am Maracaibo 5% Am Natural G 2% Am Pneumatic Am Pub Serv 24 pt (3 Am Pub Ser pf (7). Am Salamandra (3). Am Superpo pf (8 8914 Am Sup'p 1st pf (8). 3% Am Thread pf (25c). 8 Anchor Post Fence (2) Andre Citreon Brets. ... Angl-A n-v cod reg 73¢ 14 Anglo-Am vot cod (T3¢). 11 Anglo-Am non-vot(78¢). 16 Anglo-Chilean Nit. 74 Arcturus Radio Tub. 1% Arizona Comm (80c) & Arizona Globe Cop. . Laundries ($20¢) Rayon. . . Asso Rayon pf (8). 24 Arl Coast Fish (1.40) # Atlantic Fruit & Sug 1 Atlantic LobosOil pf. 24 Atlas Plywood (2). 304 Atlas Portland Cem (2). 14% Atlas Stra Corp (1) 15% Aut V Mevprpt (3). 201 Aviation Corp Am. 12 Aviation Credit. . 30 AxtqnFT.A (330, 1% Bahfa Corp...... Bak (JT) Chem Eol'lCe). 464 Bancomit Corp, n(1.60). 75 n umann (L) pt (7).... Laundries A 20 4% Belianca Alreratt 190 140% Bell Tel of Can (8). 1 24% 12 Benson & Hedges pLCD). 14% Bickfords, Ine (1). 30 Blaw-Knox Co (1). 10 Bliss Co (EW) (1) o Ridge Corp. e Ridge cv pt (a3). Blyn Shoes, Inc 27% Blumenthal (8) 6414 Bohack (HC) (2%)...0 Bohack (HC) 1st pf. % Botany Mill 31 Brazil Track 55 Buckeye Pipe Line Niag&EP pf(1.60)., Bulova Wevpf (3%). 98 Bunker HIll &8 (16%) 7% Bureo, Inc... 3% Burma Corp, Tota' l'llt) 13% Butler Bros (1.20) . 4 Bwana M Kubw CDD. 3% Cable Radio Tub vte. 3 Cabl& W Ltd, A rcts 1% Cabl & W Ltd, B rets. 8% Cabl & W Ltd, pf re Canadian Marcont. r‘nrrler Eng n-v A (1), nese Corp..... Colln ‘orp 1st pf [5) Celanese Corp pf (7) Celluloid Corp. Central Atlantie Sta Cent Pub 8(A) (a1.76) Cent States Elee ($40¢). 4% Centrifugal Pipe (80c).. 9 Chain Stores SL0CK. ..... Ches & Ohlon wi. . Cheseborough Mfg (16). Cities Service ($30c).... Citles Service pt (8) City Mach & Tool (12) 14 Clark Lighter, A 50% Clev Elec Illum (1.60) 10 Clev Tracotr (1.60). 2% Club Alum Utensil 4 Colon Ofl. X 16% Columbia % Columlia Syndic 24 Colts PatF Arm (2 210% Com’'with Edison (8) 98% Commonwlith Pr pf (6. 1% Comwlth & Sou (war) Com'wlith & S pt (6). 12% Com Wat Ser (b6%) 1 Comstock Tunnel. % Consol Auto Mer ctf! 1 Consol Autb Mer cum pf 18% Consolidated Afrcraft... 1% Consol Cigar, w 10 Consol Coal 4 Consolidated Copper. ... & Consol. Cortez Silver. .. 12 Cons Dairy Prod (12)... 71 Con Gas of Balto (3.60). 24 Cons Instrument 10 Cons Laundrie| 10% Con Retail Strs (1) Consol Theater: 12% Corroon & Crn & Rnld Cosden Of % Cresson Cons (8¢). 174 Crocker Wheeler, . 29% Crowley Milner & Co % Crown Cen Petrol. 40 Cumberld Pipe L(4).. Afrprisvte..... 1% Curtiss Wright wa: 1% Cusi Mex Mining. . 6% Darby Petrol (1) 17 Davenport Hos (2) 81" Draper Corporationiiih. 3 Dra(8R) SeteA (3 3)- Driver Harris (new)..,. ' Dubiier Cond ama This Yea WASHINGTON, r. 8,151,900 20,001.1:0 l FEUELL s E255e P # - FFE F T+ 1+ ++ +H+EEL 0L LFL 00+ ++il {4 +4+4 IREEREE AR S EN! tit+1 41 EFed ¥ OFES i cg i EEEESS @ o we & FEFEFEE FE2E e & 2k - EF & 1+ +1 I+ 4441 1+1+441 +1 +H++ FEFFEEF FEFT F FF T reirry s2 5 P2 $35 £ $FFs = F= Fes B O¥OC s $5FsFess 2 - D. C, ' Duke Power (15) 3 Durant Motors Duval Tex. Sul. w.b.. East Butte.... East G & Fuel East States Pwr (B).. Edison Bros. Stores (1) Educational Pictures pt Eisler Elec Corp. Elec Bond & Share (b6). . El Bond & Sh of (6). Elec Pow Asso (1) Elec Pow Asso A (1) EIP & Lopt war.. Elec P&L 2d pf A (7). Elec Shareholding ($1).. El Sharehldg pf (6)..... Emer Bromo Selz pf(2). Empire Fire Ins. ... Empire Power Corp (3). Emp Pub Serv A (1.80).. Empire Steel Corp. . Emplyrs Reins(1 %) Engineers Gold Eng P § opt wa Eureka PipeLi Evans Wall Lead. Fabrics Finish. Fairchild A Fajardo Su Falcon Lead. Fandango Corp. Fanny Farm Can (1) 10N s s see .Fansteel Prod. . Fedders Mfg A (2) . Federal Screw (3).....4 Federated Metals $1%.. Ferro Enamel, A (4) Fiat Stk deb rts. Fiat Stk deb rts rcts Financial Invest, N Y. .. Florida P & L pf(7)..... Fokker Afreraft. . Foltis-Fischer Cor Ford Motor Can A Ford Motor Can Ford Mot of Fran Ford Mctor Ltd. Fmst D Prd pf (1. Foundation For 8h 3 l‘nnch mnes(z 54).. Galena Sig. ctfs. dep Galena Signal, pf., old Galena Signal c.0.d. Garlock Pack (1.20) General Alloys(80¢) Gen Amer Investn Gen Am Inv pf ne General Baking. General Bak pt ( Gen El Germ rets. Gen E Ltd rets(50c Gen Empire Corp. . .. Gen Fireproof (15%). GenGas& Eleo A. Gen Indus Alcohol Gen Laundry Machine Gen Print Ink (2%). Gen Rity & Utilities Gen R & Util pt (6). Gen Theater Eq vte. GeorgiaPowerpf (6 Gerrard (BA) Co.... Gilbert(A C)pf(31%) Glen Alden Coal(10) Globe Underwriter: Gold Coin...... Golden Center. Goldfield Consoll Goldman Sachs t. Graymur Corp. . Grt A&P Tean v(5) Grt A&P Tea pf (1 Great Lakes Dredge ... Greif & Brother. Grifffth (D W) A Groc Store Prod vte. Ground Gripper (1). Guardian F Assn (2). Guenther Law (2).. Gulf Of1 of Pa (1%) Happiness Candy. ! Hazeltine Corp Hecla Mining (1). Helena Rubinstein HollingerGold(80¢). . Hoover Steel (1.20), Horn&Hardart(2%) Houd-Her cv pfA2% Hudson Bay Min& 8§ Humble (2). Huyler Sts of Delpf (7). Hydro El Service (2)... Hygrade Food Prod. .... 111 Pipe Line (20). . Imp O1l Can n (50e). > Ind P L new (12%). Indian Ter Illum Of1 IndusFi etf8(b10%) Insull Util Inv (b6 %) Insull Util Inv pf (6)... 1ns Co of No Amer (13). Insurance Sec (1.40).... Intercoast Trade Co.(1). Intercont Pete new. Intl H & Inc Co(10¢) Intl Pertume (1)... Intl Petrol, new zuun. Intl Safety Razor (13). Intl Superpower (31)... Internatl Util (A) (3%) lnumnu Utilities (B) . Irving Afr Chi Italian Superpowr A.... Ital Superpower war.... Jefferson Electric (3) Johnson Motor Co. . Jonas & N cm pt (3) Kan City Pub 8 vte Com. KansCtyPSvtcApt (4) Kansas Gas & Elec.pf Kerr Lake. Kirby Petroleum. Kirkland. . Klein (H) pt pf (1.20) Kleinert Co (2% Kolster-Br(Am shs) Lackawana Sec (4). Lakey Fdy & Mach ( Lake Superior Corp Land Co of Florid; Lefeourt Real(11.85). LefcourtRIty pf(3). n (The) Corp Leonard Oil...... Libby McNeill & L. .. Liberty Baking Corp. Lily T t‘upcorn (1.50).. Lion Oil R Ine (war).. Lone Star, new (80¢). Long Island Lt (40¢). Long Isl Lt pt (7). Louisiana Lan & Ex MacMarr Stores % Magd Mangel Stores d-Johnson (131 ). Memphis Nat GasCo Mercantile Store: &MfgSecA (1.50). Mer Chap & S(1.60)..... MarChlv&S prulvn.. Mot & MinTnedi. 20). Met Chain Stores. MiddieWest Utilit Middle Wat Ut pf xw (6) Mid Royalty ev pf (2).. Mo-Kansas Pipe L. ..... Mock Jud Vohrgr(2). Moh Hud P 1st pf(7). Moh Hud P 2d pf(7). . Monroe Chemical (13 Montecatint deb rt Mont Lt H&P (2. Morison Elec ($1 MtgBKCOIA (m shr Mountain&Gulf(.08) Mountain Prod (1.60 Municipal Servic Murphy Co (1.20). . Nachman Spring (3). ational Aviation Nat Baking Co. . Nat Baking pf (7) 23% 4% 19% 1% 25 24% ? 103% 10451 R 24 307% JANUARY 19, | - et FEEELE L FULHEEL L+ +++|l|+f F-i% T4 R T Y ] IH++++ 101+ T4+ LI ++4+40+1 P+ 4+ LTI+ + I ++ L ++ LI+ ++01 1+ scfless FEE F OIF® F OFE FPF FFIF ¥ 0+ L+ 1+ t+r I!++|||+|+ - » FEE F FIF =" Fese” » ¥ se2"s sefsess 13 ) 5 5 . ~ ?“2‘ 1930—PART TWO. Stocks and Dividend. High. Nat Power & Lt pf (7).. 109% Nat Pub Serv (A) (1.60) Nat Transit (1). Nat Union Radio Neht Corp (1.30) Neisner Bros pt (1) Nelson (Herman) (3) Cew Eng Pow pf (8).... ew England T& T (8). 155 72 Newport Co (2).. N Y Auction (1%) N Y Invest (1.20).... N Y Hamburg...... FINANCIAL. Net | Range, 1929, Last. Ch'ge. ,!Ilh x.o- ln’l 1008 + 1% | 60% 22y 22% + W 50 + 2% W 1% » ) % 2% Stocks and Dividend. % South Penn OIl (2) ... S E Pwr & Light (1.60).. S'east Pwr&Lt pr pf(5). Southst P& L pf (7).... 1104 SouthCalEd pfA(1%)... 8o Cal Edis pf (B) (1%) 8o Colorado PwA (2).... Southern Corp. 8o. Ice & Utiliti So Ice & Utilities B Southern Stores (A). Southland Rox (1).. Southw BelTel pf(7) Stand Investing pf(5%). Stand Motors.........s Stan®0il & Exp pt (5). Stand Oil of Ind (234).. Stand Oil of Kan (2).... 8tand Oll 6f Ky (1.60).. Stand Oil of Neb (13%). FHI I+ + i+ "3 Frres ¥ oo e N Y Merchandise (2). N Y Pet Royalty (1), NYPwr&Ltpt (7). % NYR&B (A) Inc. N Y Tel pt.(8%). Niag H Pow B war. Niagara Shares(50¢ Niles-Bement-Pond Nipissing (30¢). Noma Elee Co (1. Noranda Mines (3). North Am Aviation. . North Am Cement North Am Util See Northn Pipe Line(15) North Stat Pwr A(8). North 8 Pow pf (7) Northwest Eng (2). Novadel Agene (2). Ohio Copper Ohlo OI1 (2).. Oflstocks, Ltd A (£500). Okla Gas&Elec pf (7) Orange Crush (1.60). Otis Elevator new. .. Outboard MotA (1.80 Outboard Mot B.. Pub Ser (1.30). Pac Western Oil Pandem Ofl. Pantepec Oil Paramt Cab Mf(2.40)... % Penn Ohio Ed pf (8).... PennOhioEd pr pf(7)... Pennroad Corp......... PennG&EIA(1%4).... Penna Water & Pwr (3). DrugStrs(1)... Peo Lt&Pw A(a2.40), Perryman Electric. Pet Milk pt (7).... Petroleum Corp (1%). Phillp Morris Ine. Philip Morris (A) Philippe (L) (B) Pick (A) B & Copf. Pie Bak of Am (Al Alex(3%). Power Securities. Pratt & Lambert (4 Premier Gold (24¢) Prihce & Whitely Prince&Whitely pf3 Pub Util Hold war..... Puget S Pw & L pt(8). Pyrene Mfg (80¢) Radto Products (2) Rainbow Lum ProdA Rainbow Lum Pred B. Reiter-Foster (40c) Rellable Strs (b6 % . Rellance Management. . Repetti Candy. . Reynolds Bros Inc. Reynolds Met, n (2.40). Richmond Radiator. ... Rike Kumler (2.20) Rhoan Antelope Mines Rockland Lt&Pwr(92¢). %olll Royce, Am pt. Ryan Consolidated. St Antony Gold. Safety Car H & L(8 Safeway Strs w(2d). Salt Creek Prod (2) Schiff (The) Co (2) Schlettr & Zandr(1 Schutter Johnson (A). Seeman Bros (3) Segal L & Hwde(50c) Seiberling Rubber. Selected Ind... Sel In 6% prior(5%) ec Ind75% pd (534 ) fridgePrvStr(27¢) try Saftey Control. .. Service Station, Ltd A.. Shattuck Den Min. Shenandoah Corp.. Sterra Pacific Elec pf(8) Silica Gelot......... Singer Mfg Ltd(30¢). Singer Mfg Co (126)... Sisto Fin Corp. Skinner Organ ( Smith (A O) (2) Solar Refining (. Sonora Prod. .... South Am Gold&P] South Coast..... 184 18% b T+l T++++ 11+ LE+id Yt Texon (AEEIREET NS FEEFFF ¥ ¥ 1+ - Trunz + ++1i++ - o FOFFEESE ¥ FEs F++014114 » = EE N FEEESEF United FEREIFS V44 44+ +00 +L+10 )+ o FEF @ Frhd i+l 4 et Yukon Frrreey ALY = 5§ %52 annual payment. Thermold Co (2) Third Nat Inv (1), Thompson Prod A t ThompSta pf(3%x w. Timken Det Axle pf (7 Tobacco&Allied Stks Tobacco Prod Expert. Todd Shipyard (4) anmwlh Min 11‘50.:) Trans Air Trans ctfs Trans-Lux DLP S A Tri-contin'l Corp war. Tri-Continentl Corp. ‘Tri-Con Corp pf (6). Tri-Utilities. ....... TubizeArtSilkB(10). Tung-Sol L (2). Tung-Sol Lamp pf (3).. Ulen&Co........ . Ungerleider Fin Corp. Union American Inv. Un N Gasof C(11.60)... UnionTobaceo. Unit Carr Fast(1 4« Utd Chem pt pt (3) Unit Corp war. Unit Dry Dock. United Eastern Unit Elec Ser.. Unit El Ser pur war. Unit Gas Company. . Unit Lt & Pwr A (80¢) Unit L & Powpf (8). Unit Milk Prod. . United Profit Sharini Utd Profit Shar pf(1 U B8 Int Sec cfs(2%) Unit Stores...... Unit Verde Extn 4‘) Universal Insur (33)... Utility Pw & Lt(a1). Util P&L (B) Utility Equities Vacuum Ofl (14%) Van Camp Pack. Venezuela Mex Of1 ‘Venezuela Petrm (20¢).. 6% Vick Fin Corp. Vogt Mfg Co (2). Waitt & B, A (2). Walgreen Co. . Walleer (H) (1). Wenden Copper West Air Exp (60c) . West Auto Sup A(3).... Willlams, RC (1.40).... Will-Low Cafeteri: Wilson Jones (3) Winter (Ben) Worth, Johnson Mot So. Cal. Edison..Apri12 8 % Trans Corpn. dividena, TPartiy extra Stand O1l Ohio(2%). Stand Pow & Light. Stand Pwr & Lt (new). Standard Screw (19)... Starrett Corp. ... Starrett Corp pf (6). Stein (A) & Co(1.60) Stein(A)&Co Stein Cosmetibs Inc. SterchiBrosSts(1.20). Stern Brothers A (4) Stromberg-Carlston Stroock &Co (3). Stutz Moter Car. Sun Investing..... Sun Investing pf (3).. Sunray OIl (40¢). Superheater (13%).. ... Switt Internat'l (2% ). Swift & Co (new) (2) Swift & Co (8).... Swiss Amer El pf(6) Syrac W Mch B (1) ‘Taggart Corp (1)... % Tampa Electric (12). Taylor Milling (3). Tech Hughes (§0c) u pr(6%4). (BRI E T e ase - Oil & Land. - +HI++ I+ 00+ RDC L # - FEF FEFFES Itsi+l i+t e Pork Stores(1.60. 2= pessrssrs 1+1+1 +++1 s5¢ 88 sesFFeressF " C3 + I+ FH I F - ® F EE¥ L (A) Ret Chem B ctf| Unit Ret Chem pf (3%). United Shoe Mch (““). - T+ 4001 ++ +1+ £2x sessiss + a4+ sxfs & P2 » (k Ba L 2N . - L4+ 14+ Ine. A Gold Co. Zonite Prod (1.60). B 1 % Jan16 1% Jan27 1w Jan 4 .09 able S Basta on last abarierly o Seite WHEAT VALUES GAIN AT SHORT SESSION Raising of Bjds by National Grain Corporation Lifts Market. By the Associated Press. R CHICAGO, January 18.—Despite evi- dent paucity of export demand for wheat from North America, wheat val- ues in Chicago went upward today with a good deal of force. The chief in- centive was action by the National Grain Corporation in raising bids here 2c & bushel for country-run wheat. On the other hand, Argentine wheat prices today closed 1%c a bushel lower, indi- cating that sharper competition from below the Equator is forthcoming in tupplying the wheat import needs of M wmn in Chicago closed unsettled 13 to 1 a bushel higher than yester- day’s finish, High 12002 801 NEW YORK, January 18.—The fol- lowing is today's lummny of Immnc corporation news, g;e'pl ard Statistics 00 New Yvrk. lur the Associated cessories for use as original equipment receded in November last to the low- est levels in three years. Conditions prevailing in the industry since that time support the belief that further recession was suffered in December. While a seasonal revival is the natural expectation in the first quarter of the r, it is expected to be subnormal 1930, wl':h automobile production llkely to be at least 15 per cent smaller this year than last, it is probable that volume of business in this line will record s similar decline. Automobile tres—Influenced by excessive produc- tion capacity, keen competitive prac- tices, resulting in narrow margins of profit; seasonal depression following & year of disappointingly small replace- ment demand for casings and pros- pects for a sharp decline this year in original equipment requirements, the automobile tire industry faces a rather dismal outlook. Rallroad equipment— New York Central ordered three ofl- electric locomotives from General Elec- tric and American Locomotive and 10 dining cars from Pullman Car & Mfg. issouri-Kansas-Tex to build 500 gondola cars in own shop. The Companies. Auburn automobile shipments in first 13 days of January totaled 629 cars, vs. 395 cars in first 15 days of 1929. Douglas Alrcraft declares initfal divi- dend of 75 cents on common stock; earned $1.19 in year to November 30, 1929, vs. $1.38 in 11 months to Novem- ber 30, 1928, El Dorado Oil Workl -rned $344 In year to December 31, Fox Film minority holder asks Federal Court, New York, to appoint receiver for Fox Film uorponuon and for an injunction restraining Willlam Fox, for Fox Film Corporation and Fox Securities Co tion, from dlvttunl Corporation to other corporation. Injunction was lllo nkegl mfgwn‘m:ox Nsecumh- cofmr- poration from selling, sdllnl or in- eumherm' transf to Junon Motor Shatt earned $2.45 in year 1920, vs. $2.84 in 1028. ‘l “2."1 vs. 81,412, in same 1028 3 X RISING PROSPERITY DUE IN FEW MONTHS Special Dispatch to The Star. NEW YORK, January 18.—America’s extraordinarily large income in the past several years should form a cushion to prevent any serious falling off in pur- chasing during the present business re- cession, according to Benllmln llaek & Co., commenting on for 1930. “This house emphasizes that the pr-- ent industrial recession was not direct result bf the stock market ll!- cline of last October but started ln May when motor production began to sag. ‘The securities deflation, of course, ag- gravated the situation. Governmental co-operation, easier credit and the prob- ability that the Federal Reserve will endeavor to 'dprevem excessive gold ports—all will tend to obviate any rious depression in 1930. Although s reversal in the present downward pro. dul‘ltlon tlt’eh:d "}I‘l \lnot be n’:::d fnrn.lev- eral mon e long period of rosperity will br remn:x getou the end of the yen e |WEATHER AFFECTS PRODUCE MARKETS Another severe blast of Winter was felt in the North and Middle West last week which affected produce markets to some extent. Potato prices advanced in Midwestern cities and the North Central shipping areas. ~Considerable strength also developed farther West. ‘r‘ex:l‘:}tfiuml;;gu atwa h ln::ld,bemuu o to steady mar- kets were reported on applel cabbage, lettuce, lrlnu:h and early strawberries. Onion prices showed no uniform trend. Celery was declining as -uppm- from Florida became greater. Some sweet potatoes sold lower, Forwardin o( it mounted rapidly to 8 a reached & total og 520 tar the week And Southern that | Te;