Evening Star Newspaper, February 4, 1930, Page 15

¢ tine wheat. Starting unchanged to 1lc :! the dist factors, nearly simultane- urbing TS, FINANCIAL. GURB SHARES FIRM IN SMALL MARKET Utilities, Oils, Rails and In- dustrials Feature Trading, With Slight Gains. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, February 4.-—Public utilities, rails, oils and industrials, about in the order named, led today's curb market, which in point of volume was smaller than on yesterday and in point of price trends less uniformly upward. Four of the pivotal utilities, Electric Bond & Share, American Superpower, Associated Gas & Electric and United Light & Power, bulked large in early dealings. Middle West Utilities, Ameri. can Gas & Electric and American & Foreign Power later joined :he utility upswing. Cities Service was whirled as a result of its acquisition of large oil and gas holdings from the Foster Petroleum Corporation in the Oklahoma City pool. Indian Territory Illuminating. a Cities Service subsidiary, which will operate the newly acquired properties, also was In demand. Payment of a 50 cent extra was not immediately mirrored in the market action of Ohio Oil. Standard Oil of Indiana ran into some offerings as a result of a pro- youd capital increase, some holders leeling that a “rights” offering may be announced in connection with impor- tant acquisitions. Arkansas Natural Gas, a Cities Serv- fce subsidiary, again led natural gas shares in volume. It advanced more than a point in the first two hours, starting a_move in United Gas and Memphis Natural Gas. ~Pipe lines, even natural gas lines like Missouri-Kansas, showed small changes. Paris cables indicating French and German Ford companies are expected to declare 10 per cent dividends failed to find reflection either in Ford Motors of France or Ford Motors Ltd Penrwoad Corporation showed strength which was said to on its rumored control of Transcontinental Air ‘Transport Corporation. T. A. T. shares, however, eased further. Chesapeake & Ohio new moved upward in sympathy with Chesapeake old over on the big board. Pittsburgh & Lake Erie also was active, but Western Maryland preferred failed to stage a movement, after yester- day’s advance of 15 points. GRAIN MARKETS. CHICAGQ. February 4 (#).—Influ- Aanced by Onexpected upturns in Liver- pool quotations and by reported better demand from European continental countries, wheat scored, sudden price ‘gains here early today. Liverpool mes- noted less pressure to ‘sl Argen- “higher, Chicago wheat afterward show- ®d a material advance all around, but subsequently reacted somewhat. Corn, a" and provisions were also firmer, ith. corn opening ¥;a%c off to %c up, and later making the rise general. Contrasting with early gains, Chicago ‘Wheat values broke sharply today after the Liverpool market showed a setback at the close there. At first, buying here .and ensuing advances in price had resulted from the fact that hand in hand with an unlooked-for rise of ‘wheat values at Liverpool were reports of an improving call for wheat from Canada and the United States, with Argentine wheat in less request and United States wheat afloat the cheapest wheat available. Then came announce- ment_ that the Liverpool advance had m .unstable, and the Chicago 't crashed downward more -than 2%c a bushel in a few minutes. On the downward swing of the Chi- mflwhufi market today all future jes fell -below any price 1 heretofore reached this season. One of ous with the new break, in ‘was word that the co-operative allies of the Federal Farm Board had modified their bids at Minneapolis so that no wheat having less than 12 per cent protein or otherwise inferior woulc be accepted. ‘This apparently would exclude a large percentage of country run wheat, and would mean that "large shipments started from country points northwest would meet with & shrunken market. S A NEW YORK COTTON. NEW YORK, February 4 (#).—Cot- ton opened easy at a decline of 8 to Notice—All stocks are sold in one hundred- excepting those designated by the letter s which shows those stocks to —Prev. 1930.~ High 474 104 16 247 2418 16 17% 145 10814 - " Swm B —a BanmSan - > 3 =5 ¥ 97 266 144 % % % % W 19 106% 29% 5 12% 11% 40% 13% 13% 15 points today under overnight selling orders, together with further liquidation oted by the relatively easy show- of Liverpool. Houses with foreign connections also seemed to have selling orders and the initial pressure was sufficient to send most of the active months into new low ground for the movement, with March selling at 16.80 and July at 16.27. This decline was checked by trade buying and covering and the market steadied up sharply as soon as the early offerings were absorbed, with March ad- ‘vancing to 16.09 and July to 16.53, or 12 to 15 points net higher. There was still more or less nervousness, however, and prices reacted partially before the end of the first half hour. BONDS ON THE CURB EE: X 3 e 3..“:-"‘...,..:...5.:-;:.._.._..,_3 920 2 o 2" (=" 5d ! S JEET and i) 09! U 2 k) 4 A58 s 37 ww 8% 18 s ... 100 " 1 Lt & Pow 55 [ 921 9215 restone Cot M 5s ‘48 89% 89%; sk Rub Sigs 31 . Ve 6812 D91y 911 Q0 INmTTO! SR3da"as 3 2 : %‘%eg nés A48 T1 71 n Theat Eq_ 6s '44125 124% en_Vend 65 '37 ww. 30 raia Pow 55 '67 .. 96Y 96 us GG 648 ‘43 ww 19 79 s GG 6s A 43.. 83 83 rade Fd 65 A "4 62 sull DUl B 6s ww. 104 103 nters N G 65 ‘36 xw 101 101 s A 47 xw.. 78 18 % Koy G&C 55 '& 9! 9 16 Koppers G&C 5'zs 993, 993, 41 Miss Riv P 6s 44 ww 111% 110% 30 Miss Ri e 285820330 8232328 38552822883 - 58 #29a) o Br 0s 65 1 ‘estern P 5125 A '57. 119 NDS. i BT ML s i picer Rapids, will cos 78 13% 6% 23% % 53 2% 3% 19 33% 13% 200 7 267% 105% 29! s 38% % 121% 16% 12 3 6% 5 an 35 1% 234 39 27% Stock and Sules— Low. Diviaend Rate. Add 00. 44 Acme W Co vtc (12). 81 Aero Sup Mg B..... 13 Aero Underwriters. . 21 Asfa Ansco : 21% Ainsworth Mg $234. 12% AirInv Incevpr.... 16 All Amer Gen Corp.. 4 Allegheny Gas Corp. % Allied Mills (60c). ' Allied Pow & Lt..... Allfed Pwr&Lt pf(3) % Allied P&L 1st pf(5) 108 Aluminum Co, Ltd. . 106'% Alu Coof Am pf (6). 4% Am Brit & Cont 68 Am Cigar Co. 38% Am Cit P&L A (a3), i4 AmCP&LB (b10%) 12 Am Cwlith P A b10%. » Am Cmwlith Po war. % Am Control Oil Flds. 254 Am Cyanam B (1.60) 3 Am Dept Stores. 15% Am Equitie: 65% Am For Power 113% Am Gas & Elec 4% Am Investors ( 10 Am Invest Inc B. 112%5 Am Lt & Tract (10). 45 Am Mfg Co (3) 1% Am Maracaibo. T4 Am Natural Gas. 18% Am St Pub S(A)1.60 24% Am Sol Ch cv pf (3). 23% Am Superpower (1). 87% Am Superpow pf (6) 94% Am Super 1st pf (6) 11% Anchor Post F (2). 16% Anglo-Am vot rg 73¢ 16% Anglo-Am n-v (73c 9% Arcturus Rad Tube. 1% Arizona Com (50c & Arlz Globe Coppe: 28% Arizoma Power. 8% Arkansas Nat Ga £ Arkansas Nat Gas A. 36 7% Atk N G cm pf (60c) 18 Art Metal Works(3) 2 Asso-Dyeing & Ptg.. 6 Asso-Elec Ind Ltd. .. 361 AsS0G & E A (12.40) 7 1% Asso Laund (320¢) 4% Asso Rayon 391 Asso Rayon 1 2 5 8 5 5 2 3 7 2 5 5 78% 179 5 145% 1473 1 lflg% 106% 5l 7508 1 69y 33 124% 5 5% 9 1% 124 508 260 260 2758 51% 52 40 2 2% 8y Biy 191 19y 200, 298, 29 92 96% 14 174% 17% 4% 1% 1% 127 5% 29": 15% Atlantic See Corp. 143 Auto Music (A) (1). 7% Auto Voting Mach, .. 14% Aut V Mcvprpt (2). 24% Aviation Corp of Am 12% Aviation Credit..... 315 Blaw-Knox Co (13). 234 Bliss Co (E W) (1) 27% Blumenthal (S) 29 Borne Scrymst t214. 36'% Brazil Tr & Lt (2). 27% Brit Am Tob B 11.20. 313 Br Celanese Ltd rcts 24% Buf Niag&EPpf 1.60. 8 Burco, Inc.. 3 Burco, Inc (war).. 40 Burco, Inc cv pf (3). 3% Burma Corp (131¢).. 11% Butler Bros (30c) 5 Bwana M Kubwa. 3% Cable Radio T vte 3% Cab&Wire LtdA ret 1'% Cab&Wire LtdB rets. 22% Camden Fire Ins(1). 8% Can Marconi. . 3 Carib Syndicate. 29 Celanese Corp. . .6 Cent Atlantic States. 22% Cent & Southw Util., 34% Cent PSv A (al.75).. 19 Cen States m!( $40e) te L e T R P T e oY e 13 35% 25% 14% 24 55% 56 1 162% 162% 20% 20% o e % Clark Lighter A, 3% Club Alum Uten. . 52 Colgate-Pal-P (2%). 5% ColonOfl....euvnane 20 Colum A Pcvpf (2). 24 Columblia Pictures. . % Columbia Syndicate. 95% Comwlith Pow pf (6). 3'4 Comwlith & Sou war, 94 Com'with & S pt 87 5 (65s) be sold in odd lots only. Open. High. 4% 47w h 1 THE EVENING STAR, WASHINGTON, D. C. TUESDAY, FEBRUARY 4, 196 Low. Close. 784 1451 10615 bla 9% 124 5% 11% 260 50 2 ' 628, Y % 5 954 96% 954 234 Com'with Edison (8) 10s 268 258 258 12% Com Wat Ser (b6%) - 6 13% 13% 75 Comp Hispano (87¢).1258 78% 79% % Comstock Tunnel.... 31 % CAMCoctfs. 5_ Consolidated Copper. & Consol Cortez Silver. 13% Con Dairy Prod (32). 90% Con Gas, Balto(3.60) 21% Con Gas Ut A (2.20). 3 Cons Instrument, 10 Cons Laundries. 10% Con Retail Strs (1 37% Cooper Bess pfA(3) 1i% Cord Corp. 12% Corroon & 73% Cor & Rey pf A (6).. 13 Courtaul Ltd (70¢).. 6 Creole Petroleum. .. 18% Crocker Wheeler. % % b 2% Curtiss Airports vte. 3 Dayton Air & Eng 16% Doehler Die Casting. 31 Dres(SR)MfgA 3. 8% Dubilier Cond&Rad.. 145 Duke Power (35)....2! 4% Durant Motors, 18% EastStatesPoB(1). 2 284 7% Eastern UtilinvA.. 1 13% 14 Eisler Electric (1%) 4 17% 80% Kl Bond & Sh (b6)... 430 92 103% El1Bond & Shpf (6).. 6 106% 105% 24% Elec Pow Asso (1).., 2 204 29% 225 Elec Pw Asso A (1) 261 28% K1 P& L opt war, 15% Elec Sharehldg ($1). 82 El Sharehold pf (6).. 19% Emp Pub Sv A(1.30), 18 EngPSoptwar..... 4 Evans Wallow Lead. 2 Fabrics Finishing 2% Fageol Motor.. 3 Fairchild Aviation. ., % Falcon Lead. .. 33% Federal Screw (3) 1% Fiat Stk deb rt 17% Fiat Stk debrt 100 Florida P&Lt pt (7). 25% 13% 17% 14% Franklin Mfg (2) 20 Garlock Pkg (1.20). 3% General Baking . 40% General Bak pf (6). 11% Gen E Ltd rets (b .. 69 GenR & Utilpf (6)., 21 Glean Com Har n(1). 113% Glen Alden Coal (10) 11% Giobe Underwri 7% Goldberg Stores % Gold Col 3 Golden Center..... % Goldfield Consol.... 35 Goldman Sachs (b6). 30 Gorham Inc pf (3). 1% Goth Knitback Mach 20% Gram'ph'ne rcts 2.91. 31% Graymur Corp...... 115% Gr A & P Tea pf (7). 124 Greenfield Tap&Die 12% Groc Stors Prod vte 24% Ground Gripper (1) 26% Ground Grip pf (3) 133 Gulf Ollof Pa (1%). 12 Hecla Mining (1) 5 Helena Rubenstein 8% Hudson Bay M &8.. 78 Humble Ol (2).. 37% Hydro Elec Serv (2), 10% Hygrade Food Prod.. 25% Imp Ofl Can n (50¢).. IndPL 2 1 23% 23% 2 114% 115 16% 11 4l% 32% 1% 2% 16 140% 142% 1 12% 6 w (1 Indian Terr Illum. Ind Fin ctfs (b10%). ) Intercontinent Petn. Intl Holdg&Inv 10c. . 20% latl Petrol, n(6234¢) 13% 8% 1 % T 26% 13% 17 93% 91k 1 04% 29 27% 34U 23% 114% 16 1 & 5% ) 38% 32 1% 20% 371 16 140% 12% 5% 11% 10% are lots (283s), ~Prev. 1930.— High [ 2 1% 14% 13 30% 28 66 40 9 129% 44 84 Low. 3214 6% 1% 10% 12 kL 28% 23% 66 354 103 387% 75 1 Stock and Dividend Rate. Intl Superpow ($1). Internatl Ut B 21 Internatl Util (war). Interstate Equitie: Irving Alr Ch (1.50). Italian Superpow A.. Johnson Motor Co.., Knott Corp (2.40) I<nox Hat Inc (§) Laclede Steel (2), Lakey Fy & Mch (1), Lefcourt Real(1.85) Lefcourt Real pf (3) Leh Coal & Nav (4) . Lehigh Coa'&Nav(n) 2 Lehman (The) Corp.1250s Leonard Ofl. 1 Libby McNeil Sales— 1 4 3 7% Lily T Cup (150) Loews Inc deb rts Loews Inc war, Lone Star, new (§0¢) Long Isl Light(60c) . Long Isld Lt pf (7).. Loulstana Lan & Ex. Marine Mid Cp (1.20) Marion Steam Shov Marland of Mexico Mavis Bottling. Mayflower Assn. ... Memph Nat Gas Co. . Mer & MfS A (1.50). Mer Chap & S(1.60).. Mesabl Iron. . . Midl Unit (b175'%) . Mid Wat Util (b8%). 122 Mid West Ut A war., 1 Miller & Sons (2). .. Miss River F Cp war Mo Kan P L (b10%). Moh H P 1st pt (7). . 4 Moh Hud P 2d pf (7) 4 Moody's I S pt pf (3) 6% 21% % 814 3 Nat Investors (new) 4 N H Hamburg (234)., 4 N Y Pet Royalty (1) Montecatini deb rts. Morison Elec (31) Municipal Service. Nachman Spring (3) Nat Amer Co : Nat Aviation . Natl Fam Strs (1.60) Nat Fuel Gas (1)... Nat Mfrs & Stores. . Nat Rub Mach (2) Nat Steel Corp xw (2° Nat Transit (1)..... Nat Union Radlo. Nehi Corpn (1.30) New Eng T& T (8). New Jer Zinc (14) New Mex & Ariz Ld Newmont Min (24).. BN O R RS A Fon N Y Invest (1.20)..., NY Telpf (6%).... Niag Hud Pw A war, Niagara Hud P(£0c) Niag Hud Pw B war. Niagara Shares Md. Niles Bement Pond. Noma EI Cor (1.60). Noranda Mines (3).. North Am Aviation. . Northam W cv pf(3) North Cen Tex (60¢) N W Engineer (2)... Novadel Agene (2).. Ohio B Tel cm pf(7). Ohlo Copper. Ohio Ofl (2). . Ohio Pub Ser pf A 7. Orange Crush (1.60). Otis Elevator new..., Outbd Mot A (1.80).. Outboard Motor (B). Pac Pub Serv (1.30).. Pac Western Oil. - E o CISEINE TR P PSP o Param C Mfg (2.40).. Parke-Davis (11.35). Penn Ohio Ed pf (6). Penn O Ed prpf(7).. Pennroad Corp .2 Peop Drug Strs (1).. Pepperell Mfg Co (8) Pet Milk pf (7). Petrol Corp (1%). Pick(A) B & Co ctfs. Ple Bak of Am A(2). Pilot Rad T A (1.20). Pitney B P n (20¢).. Pitts & L E (5). Powdrell&Alex 13% Prince & Whitely. 4 Prince&Whitely pf: Propper Silk H M (2) Pug SP &Lt pf (6). 508 RainbowLumProd A Rel'nce Managemnt.. Republic Steel n wi.. Reynolds Bros Inc Richman Bros (3) Roan Antelope Min. . Roosevelt Field, Inc. Ross G & T (3) 0 Ross Stores, Inc. Safety Car H & L(8) 150s 4« St Lawrence PM pf., 1 2 S W Gas Util..... 6 4% 4% 4 11% % T4 140% 26% % United Corp war 243 Util & Ind pe (135), . St Regls Paper (1).. 20 Salt Creek Prod (2).. Schlet & Zan pf3%.. Schulte Real Estate. Schulte Un be-$1 8 Seeman Bros (3) Selected Industri Sel Ind allotefs 5% .. Sentry Safety Cont. . Shattuck Den Min. .. Sheft'r Pen (WA) (2) Shenandoah Corp. ... Shenan Corp pf(a3).. Sierra Pac Elec (2).., - e ErS =1y ey Sisto Fin Corp. Smith (A O) (2) - 19 whao South Penn Oil (2).. So Cal Ed pf C(1% Southern Corp So I Utiliti So Pipe Line (12)... Southland Roy (1).., 8 W Dairy Products, ™ = Somrarwnom Southw Penn PL(1).100; Sple May S pf (6%4). Stan Gas & El pt (7). Stand Oil Expt pf(5) Stand O11, Ind (234). Stand Oil, Kan (2) Stand Oil, Ky (1.60) Stand Pwr & Lt. B... Stand Pwr&Lt(new) St Pow & Lt pf (7)., Stand Steel Spr (4)., Starrett Corp pf (6) . - s R N o S Strauss Roth Stutz Motor SunInv..... - - Swift Intern’l(234) .. Swiss-Am El pf (6). Syrac Wash M B (1), ‘Tampa Electric (32). Teck Hughes (60c).. Texon Oil & Land. ... ‘Thermold Co (2).... ‘Tobacco & All Stk Transamer ($1.60) ‘Tran Con Air Tran ‘Trans Air Trans cfs. Tr-LuxDLP S (A).. ‘Tri-Cont Corp war. ., Tri-Continental Cor. ‘Tri-Cont Corp pf(6). Triplez Safety Glass Tub Art Silk B (10).. Ungerleider ¥ Corp., Union Amer Invest. . Union Tobaceo. ..... Utd Carr Fastnr 1.20 United Ch pt pf (3).. aomoharaSe sunBonEeTon [OPRUeTH= |- PR -y . U S Gypsum (1.60). US&InSectf (335) USL Unit Sh Mch (13%)., Unit Verde Ext (4).. Unity Gold, .. Universal Pictures. . Utility Pw & Lt(a1). UtIIP&L B ctfs (al). Utility & Ind. . HamerEanoe o o -1 85 9% 1% 104 14% 12% 30% 27'% €6 36 9 21% 371y 9 126% 43w 8l 1 Add 00 Oven. High. 35 Low. Close. 85 1930. Sales— Low. 105 935 Stock and 35 11 1% 10% 14% 12 3L Vacuum o1 (14%) Van Camp P pf(1%). Venezuela Ptm(20¢). Vick Fin Corp. . Walgreen Co. Walgreen Co Walker (H) (1). Watson (JW) Co. ne Pump. . Weich G Juice t # Wenden Copper. Western Md pf (7) Add 00. Open. High. Low. Close. | High 15 15 | =Prev. 1930~ Lo Stox ide 15% 1 i 96% 13 5% 20 95% | 1% 18 13 5 2% | 20% EN 59 34 9 ' 15% | 6% Wil-Low 34 Winter ( 18 RIGH' % X Liggett & 3% 2% So. Cal. 10 Dividend rates in anoual payment. *Ex-dividend. 5% Willlams R C (1.40). Zonite Prod (1.60) Crocker Wheeler ..Feb.24 41 P % W Edison. .01 Trans Corp. Partly extra. iPlus extra in stock. a Payable 1D Tt WINANCIAES ck and nd Rate. Sales— Add 00. Open. High. Low. Close. 3 19% 19% 194 19% 9% 8y 9w a4 4% 19 19 19 4 Cafeteria. . Benj).. TS. Expire. Mar 12 2% 12% Apr. 12 31y .o.Mar 6§ 03 .03 dollars based on last quarterly or semi e KALE SHIPMENTS ATD. C. MARKET Virginia Growers Send Sup- plies of Vegetahles—Other Receipts Good. Disappearance of snow in the Nor- folk, Va., section has enabled growers to resume the cutting of kale, small shipments of the vegetable reaching here this morning by way of river boats. “Two big motor trucks left here to get cargoes of greens in the Norfolk section,” remarked a dealer this morn- ing, “and they were expected to return about the time snow appeared. “Nothing has been heard from the drivers,” he added, “but it is probable they will be coming along in a day or two.” Norfolk kale received this morning sold at $1.75 and $2 a barrel, shipped-in spinach selling at $1.75 and $2 a bushel. Shipments of splendid quality carrots from the vicinity of Phoenix, Ariz., first received frem there this season, reached the local market in time for this morn- ing’s trade. They sold around $3 and $3.50 a crate. Other Shipments. Commission merchants also: received quantities of spinach from growers in the vicinity of Charleston, S. C., this morning. It was the first shipment {from there this season, dealers reported, being received in splendid condition and selling at $4 a barrel. Florida shippers continued to send local dealers shipments of different va- rieties of vegetables, as did California and Texas shippers, and dealers this morning had quantities of the vege- tables to meet demands of retailers. An uneasy and slightly firmer condi- ton of the egg market was reported this morning, current receipts being quoted at 36 and 37 cents, hennery and selected stock being quoted at 38 cents. These prices represent what is paid shippers, Poultry receipts continue fairly heavy, dealers receiving plentiful sup- plies of turkeys, and the demand for all varieties of "poultry continued fairly active. Butter and meat prices con- tinued without change. Wholesale fish dealers are not yet receiving heavy shipments of marine products. Few shad are coming from Florida and Georgia, while small quan- tities of herring were received from North Carolina. Roe shad today were offered at 50 cents a pound, the melts selling at 35 cents. Herring were quoted at 10 cents a pound. The surprise of the day in the fish market was the receipt of rock- 4| fish from the lower Potomac. 23 “Most of the rockfish,” said a dealer, “came from the vicinity of Blackistone Island,” and were offered at 40 cents 2 |a pound. There was the usual display of fruits in the commission house district this morning to claim the attention of retailers, Strawberries were not very 5% | plentiful, dealers reported, but increased ;zcelyu are anticipated the next few ays. Prices of most commodities this morning were substantially the same as prices quoted yesterday. Today’s Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 42a43; tub, 41a42; store packed, 25a30. Eggs—Hennery, 37a38; fresh selected, 37a38; current receipts, 36a37. Poultry, alive—Turkeys, young, 32a33; old, 27a28; Spring chickens, large, 28a 30; medium, 28a30; broilers, 32a33; Leghorns, 28; fowls, 28a30; roosters, 20; ducks, 15a18. Dressed—Turkeys, young, 36a38; old, 32a33; Spring chickens, 35a 37; broilers, 38a40; Leghorns, 35; fowls, 30a32; roosters, 22a23; capons, 35a40; ducks, 28a30; keats, 50a60. Meats, fresh killed—Beef, 23a25; veal, 28; pork loins, 28; fresh hams, 25; fresh shoulders, 20; smoked hams, 25827; ?mgkig hsl:gulld;.r/: uz,z; bacon, 25‘526; lard, ulk, ; in packages, 1315, Live stock—Calves, 17; mha. 1/3 Fruit and Vegetable Review. ‘The daily market report on fruits and vegetables (compiled by the Market News Service Bureau of Agricultural Economics) says: Sales to jobbers ex- cept where otherwise noted. Apples—Supplies moderate; demand light market steady; barrels, no sales reported; boxes, Washington, extra fan- cy, medium to large size Staymans, 3.00a3.25; bushel baskets, Virginia, un- classified 2% inches up Staymans, 1.40a 1.50; Yorks, 1.25a1.40; Pennsylvania, U. 8. No. 1, 27, inches up Yorks, 1.40 al50; U. 8. No 1, 2% inches up Yorks, 1.50a1.65. % Cabbage—Suppli light; demand moderate, market ut_steady; new 108 |stock Florida, 1%z-bushel TS 98 |pointed and round type, mostly 2.25; 52% | few higher; old stock, New York, 100~ - 28% | pound sacks, Danish type, 2.75a3.00. 34% Celery—Supplies moderate; demand 66 | light, market steady; Florida, 10-inch 67 | crates, 3-4 dozen, 2.75a3.00; mostly 3.00; 101 |6 dozen, 2.5083.00; 8 dozen, 2.00a2.50; 45 110 dozen, 1.75a2.25; poor quality and 37 | condition 10 dozen, 1.25a1.50. 181 Lettuce—Supplies moderate; demand %u moderate, market about steady; Cali- 2% 16 % 23 6% The 161 10% | 11 11 63 75 755, '3.00a3.50; Arizona, crates, Iceberg 1 | type 6 dozen ordinary quality, 2.50. 6% | ~ Onions—Supplies moderate: demand 33% | light, market steady; New York and Michigan, 100-pound sacks Yellows, U. . No. 1, medium to large size, 2.2! 72%(2.50; Ohio, 100-pound sacks Yellows, 6 | U. 8. No. 1, medium size, mostly 2.35. 8% | Potatoes—Supplies moderate; demand 21% | light, market steady; Maine, 120-pound 34%| sacks, Green Mountains, U. §. No. 1, 45% | 3.8583.90; few 4.00; 150-pound sacks, Green Mountains, U. 8. No. 1, 4.75a4.90; few 5.00; Idaho, 100-pound sacks, Rus- set Burbanks, U. 8. No. 1, 3.75; Florida, 6% | bushel crates, Bliss Triumphs, U. 8. No. 16 11, a few sales, 4.00. 83 | ' Sweet potatoes—Supplies light; de- 0% ! mand slow, market dull; East Shore 143% | Maryland and nearby Maryland, bushel 82% | hampers, Nancy Halls, No. 1, 1.50a1.65; $3% | bushel hampers, Yellows, No. 1, 1.25a %|1.50; North Carolina, bushel baskets, ‘}’gh pgrw Ricans, No. 1, fair quality, 1.00a 2 125, 19% | String beans—Supplies moderate; de- 1 | mand light, market steady; Florida, 30% | bushel _hampers, green flat type, 3.00a 3674) 3.50; Refugees, 2.75a3.00; few higher: round type, stringless, 3.25a3.50; few * | higher: bushel hampers, wax, 2.7583.00. ant—Supplies very light; de- *2 | mand light, market steady; Florida, pe&; Y p;rfi;nm. fancy, 3.50a4.00; choice, 3. a3.50. o T BANK CHECKS REPORT. 16% | By the Associated Press. 7% | The total of bank checks paid In 6434 | leading business of the country last 1114 | week, as reported by the Federal Reserve % Board, was smaller than for preceding 9% | weeks. Pigures for the week and com- 18% | parable periods follow: cash or stock. bPavable in stock. d Pavable in preferred stock. From Yesterday STOC! 50 Industrials. 8 Two years ago Three years ago, weekly High (1930) Low (1930). Total sal . 3,198,130 shares. *New highs. e Two years ago. Three years ago, weekly aver High (1930) Low (1930). Total sales (par value), $! (Copyright. COMMODITY PRICES LOWEST SINCE 1922 Commodity prices declined five-tenths of 1 per cent during the week ended February 1, according to the wholesale price index of the National Fertilizer Association. Declines occurred in seven groups, while advances were recorded in only two. Of the total items 35 declined and only 18 advanced. The largest declines occurred in textiles (cotton and wool), foods (lard, eggs, flour and potatoes) and hides. Advances occurred in cement, structural steel, soft lumber and nitrate of soda. Based on 1926-1928 as 100 and on 474 Juotations, the index for the week ended February 1 stood at 93.6; for that ended January 25, 94.1, and for that ended January 18, 94.0 COAL USED FOR POWER 4,000,000 TONS MONTH By the Assocated Press. The United States is using approxi- mately 4,000,000 short tons of coal monthly, & million barrels of oil and 11,500,000,000 cubic feet of natural gas in’ the production of electrical power for public utilities. The Commerce Department's latest statistical picture of this industry shows that each State or section tends to use chiefly the fuel nearest at hand. The Middle Atlantic and East North Central States get most of their utility power by burning coal. ‘The ific Coast uses fuel oil and natural gas. The Texas and Oklahoma areas also burn chiefly natural gas. STOCK DEPOSIT LIMIT. | NEW YORK, February 4 (#).—The time limit under which stock of the F. & W. Grand 5-10-25-Cent Stores, Inc., and Isaac Silver & Bros., Inc., may be deposited for shares of the F. & W. Grand Silver Stores, Inc., has been ex- tended from February 1 to March 1. ——— MONEY MARKET. NEW YORK, February 4 (#).—A | steady undertone was manifest in the | call money market today and the rate | for call loans held throughout the day at the renewal figure of 4l per cent. The steadiness was attributed to the mid-week demand for Federal funds, which took away any surplus money in the local market. ‘Time money was unchanged at 4% to 5 per cent for all maturities. ‘There. was no change in the rates for ers’ acceptances. NEW YORK, February 4 (#)—Cop- per quiet; electrolytic, spot and future, 18. Iron steady, unchanged. Tin steady; spot and nearby, 39.12; future, 39.75. Lead steady; spot and New York, 6.25; East St. Louls, 6.10. Zinc steady; East St. Louis, spot and fu- ture, 5.25a5.30. Antimony, 8.75. ;ank Is Closed. RUTHERFORDTON, N. C, February 4 (#)—The Rutherford County Bank & Trust Co., with the exception of an industrial bank, the only financial in- stitution here, failed to open today. A notice on the door said: “This bank is closed by order of the board of directors, for protection of the BOND MARKET AVERAGES By the Assoclated Press. BONDS. 30, Standard Statistics Co.) 's 5:30 Edition, 'KS. CRUDE OIL PRODUCTION DECLINES IN OKLAHOMA By the Associated Press. TULSA, Okla., February 4.—Restrict- ive measures in Oklahoma were respon- sible for a decrease of 29,615 barrels in the total daily average production of crude oil in the United States last week, the Oil and Gas Journal says today. Total daily production in Oklahoma for the week ended February 1 was 43,- 290 barrels below the figure for the pre- vious week. The California and Rocky Mountain areas, less affected by pro- ration activities, gained 13,934 barrels. The entire output for the Nation was placed at 2585617 barrels, compared wn}l‘: 2,615,128 barrels for the preceding week. Oklahpma City pool, under 50 per cent and partial 75 per cent proration, showed a reduction of 25,955 barrels. The West Texas area added 1,632 bar- rels, while the entire mid-continent area registered a decline of 43,675 barrels. PENNROAD IS REPORTED TO HAVE T. A. T. CONTROL By the Assoclated Press. NEW YORK, February 4 —Control of the Transcontinental Air Transport. Maddux Lines, Inc., according to re- ports in financial circles, has been ac- quired by the Pennroad Corporation Se- curities, affiliate of the Pennsylvania Railroad. The air line furnishes trans- continental passage in conjunction with the Pennsylvania. The laiter company recently released Daniel Schaeffer, head of its passenger transportation service, to become chairman of the T. A. T. executive committee. - This fact is looked upon as tending to confirm the report that the railroad’s interest in the air line is a dominant one, ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W. 63rd Issue of Stock Now Open for Sabscription Shares of Stock, $1.00 Each Payable Monthly James E. Connelly James F, Shea President Secretary First Trust Money Available JAMES F. SHEA 643 Louisiana Ave. N.W. Secured by First Mortgages depositors and awaiting action of the State Banking Department. ‘The bank is capitalized at $200,000 and has deposits of $970,407. FOREIGN EXCHANGE. ominal gold Selling checks London, pound. Paris, frane Bruseels, bel fornia, Imperial Valley, crates, Iceberg | Buds type, 4-5 dozen, 4.75a5.00; 6 dozen and | Pre F. B. KEECH New York Cotton Ly Chicago Board of Trade New York Stock Exchange New York Curb Market Exchanges of the world. Private wires to all markets. NEW PHILADELPHIA 57 Week ending January 29, $12971- 19 861,000; preceding week, $13,581,054,000, 26 same week last year, $18,491,793,000, (Quotations furnighed by W. B. Hibbs & o) | Members of Exchange iverpool Cotton Exchange, Ltd. (Assoc. Members) Bremen Cotton Exchange (4ssoc. Members) Winnipeg Grain Exchange N. Y. Coffeo & Sugar Exchange, Ine. Rubber Exchange of N. coTToN Special attention given to spinners’ requirements and the execution of orders for Future Delivery on all Cotton Our Cotton Department is directed by Edward M. Weld and Bulkeley L. Wells, formerly partners of Stephen M. Weld & Co. J. W. Ray and J. B. Gordon, crop reporters covering the entire cotton belt, now also exclusively serve the clients of this department. We maintain direct, H CORNER 17TH ST., N. W., WASHINGTON Safe—Conservative Make your savings 45 Voo po? and surplus fund work for you Experience in finan the highest inte e homes and in the est rate consist- ent with absolute homes and in the curities, Wan. . Sanders Co e REALTORS Dist. 1015 1433 K & COMPANY New Orleans Cotton Exchange . Inc. ‘Washington Stock Exchange Chicago Stock Exchange YORK ®#% A_I5 FARM CROPS UP: DEPOSITS LOWER Atlanta Reserve District Had Business Recession at Close of Year. Special Dispatch to The Star. ATLANTA, February 4.—The total value of farm crops produced in the six States comprising the sixth Fed- eral Reserve district during the 1929 season, according to estimates by the United States Department of Agricul- ture, is greater than for the year be~ fore. Five of these States shared in the increase, a decrease being shown for Florida, largely because of lower returns from the orange crop, which was considerably smaller than for the previous season. The total volume of business trans- actions of all kinds settled by check during the year 1929 at 26 reporting cities of the district averaged 3.7 per cent greater than for 1928, but de- creases were shown for November and December, compared with those months a year ago. The volume of retail trada during December, while at the seasonal peak for the year, was 5.1 per cent less than in December 1928, and was also smaller than in December 1927, 1926 and 1925. For the year 1928 re- tail sales average 2.4 per cent smaller in_volume than in 1928. Wholesale trade reached in October the highest level in two years, but de= clined seasonally during the two months following and in December averaged 4.2 per cent less than a year ago. Wholesale sales were greater during seven months of the year than for the same months of 1928, but decreases were shown for the other five. Savings deposits were smaller for each month of 1929 than a year earlier. Loans by weekly reporting member banks de= clined from the highest point for the year early in October to a level at the end of the year lower than for any weekly report date since March, and discounts by the Federal Reserve Bank of Atlanta at the end of the year were smaller than for any weekly report date since March 1928. Commercial failures in the district increased sharply in December over November and were greater than a year ago. Building and construction activity, as reflected in statistics of building permits at 20 cities and con= tract awards in the district as a whole, declined further in December, and for the month and year were less than a year ago. Production by reporting cot= ton cloth and yarn mills in the district declined in November and was less than a year ago. Output of coal in Alabama was aver aged somewhat smaller, but in Ten= nessee slightly larger in recent weeks than at the same time last year. Pro- duction of pig iron in Alabama was smaller in December than in Decem= ber 1928. s London created a new tonnage record for English ports by registering nearly 60,000,000 tons last year. Investment Securitiea Bond vielding 5.85 entirely convertible Inta com. stocl COURTLAND NIXON, 1518 K St. Nat. 1926 7 S First Mortgage Loans Applications Invited Glover & Flather 1508 H St. N.W. National 1753 625 LEADERS In American transpor- tation, public -service, industry, comm erce and finance are on the boards of directors of fifty corporations whose stocks are rep- resented in Diversified Trustee Shares Series C Full information will be sent on request. Waggaman, El;awner & Co. Investment Bankers 1700 Eye Street N.W. Washington, D. C. Metropolitan 3360 We Invite Aplications for FIRST TRUST LOANS on Improved Property in AxD THE DISTRICT OF CoLOSinia Perlods of 3, 5 or 10 Years rROVIDENCE sROOKLYN BOSSZRPHELPS Lo ent al Lite