Evening Star Newspaper, February 14, 1930, Page 15

FINANCIAL." - GURB SHARES RISE INACTIVE MARKET Utilities, Investment Trusts and Industrials Join in Spirited Advance. BY JOHN A. CRONE. § Epecial Dispatch to The Star. NEW YORK, February 14.—Power and Light issues again led an active but selective curb market today. Invest- ment Trusts, some of the industrials, such as Steels, and a few Aviation | and Radio shares moved higher with | Utilities. Oils proved to be the out-| standing soft spot as a result of fur- ther crude price cuts. United States Electric Power was ‘Whirled to a new high at the opening as a result of the Koppers-Mellon in- terests becoming identified with the company. Electric Bond and Share came within a fraction of Thursday's peak while American superpower passed its top of the day before. Following these movergents American Cities Power & Light B, Commonwealth Edison, Consolidated Gas of Baltimore, Northern States Power A and Utlities Power & Light rushed to new peaks for the year. The upswing in natural £as stocks got under way with United Gas leading. DIVIDENDS DECLARED. NEW YORK. February 14 (#).— REGULAR. Pe- Pay- Rate. riod. abl nt able. Hldrs. of Company. record. Am Brit & Co Mol Am Laundry Mch Chrysler Corp.... Cons Sve pt Dennison Mfy Do pf Fed Cap bt . 15 v 20 3 1st Bf...... 8im B'dman Pub. e U 8 Grosim 0 .. Va El Pow 5 West Pipe & Stl.. .50 Will B'mer Candie 10 Do pf. +-. 2000 D0DOOOD: DOOD DOO DOOCOLH EXTRA. Eagle F Ins n...50.15 INITIAL. ..$0.25 Q Mar.31 INCREASED. 4 Meteor Mot Car..50.25 Q@ Mar. 1 FINAL. Great West'n Ry. 4%4% Eagle F Ins n OMITTED. N Y LonManpf..50.75 Q Stand O of Kan. 25 Ex Due M Sylvester Ol pf.. 200 Q Due Dec. . NEW YORK BANK STOCKS. NEW YORK, February 14 ().— Fifiy Ave. . . First Nat Triman Manhat Co. urty Equitable . Guaranty | Irving .. SHORT-TERM SECURITIES. (Reported by J. & W. Slnl’l!‘ln‘:. Co.) Allis-Chalmers Co. 55 1037..... A Aluminum Co. of Amer. 5s' 19532 1021, Amer. Rolling Mills 55 1948... .. Ame:ican Tel & Tel. 5125 it Baitimore & Ohio 4 Batavian Pet. Corp. Bell Tel. of Canada Caiifornia_Pet Corp Canadian_Nor. Rwy. 4125 193! Chicago Rock Isiand 4s 1934 Chile Copper Co. 55 1947....... Cudahy Packing Co. 5'2s 1937 Edison EL II. of Bost. 415 1930. Gen. Mot Accep. Corp. 6s 1937. 1 General Pet Corp. s 1940. Goodyear T. & R. 55 1957 Grand Trunk Canada 6s 1036 Gulf Oil of Pa_ 5s 1937 Humble Oil $i2s 1932 St L Southwestern Ry 45 1935, i uthwestern Ry. 45 1932. Bwift & Co. 55 1932, ... .. Union Ol Co. of Calif. 5s 1935 United Druz Co. 5s 1855.. Western Electric Co. 5s iddé. . Wheeling Steel Corp. 545 19: Wheeling Steel Corp. 4'2s 1953 COTTON CONSUMPTION. By the Associated Press. Cotton consumed during January was announced today by the Census Bureau as having been 577,235 bales of lint and 62393 of linters, compared with 453,892 and 52,544 in December and - 668,286 and 69,359 in January a year 8go. 102 1007 87% BONDS ON THE CURB Salesin DOMESTIC BONDS. 4 thousands High. Low. Noon. ) § Aluminum Co s '52. 1031, 1021 10354 2 Aluminum Ltd 5s '48. 9815 2 Am Cmwith Po s *49 104 G&E 52 900000THE> > >> S E 803 P 52 86 86 ons G B 5las E_'52 106% 1063 1Cons Pub 63x '35, .. 91" 91 3Cont G & E'ss A 38 8514 Emp O & R 5%as '42. 8413 SElec Lt & Pow 58 9215 3 Firest Cot M 55 48, 907 8Fla P & L 5 '54. . 2 Gatineau Pow 55 '56 49 Gen Thea Ey 65 ‘44 5Gen Wat W 6s B, 34 1Georgia Pow 5s '67. 1 Gulf St Uil 55 A '56 5 Hygrade Food 65 A '50 6f 2Ind P & L 55 A5 2 Iniand 78" 7 931 > 9115 100 * 100 * P&AL 65 A 2025 xw 104% 104% uth Calit Ed 55 '51 10015 10012 uthern N G 6x '44 92 ° 9112 2090 AN B R e 9uee el P & i 2 215 v 10014 150 s ww id Tnd. Bic 78 44 100 * 23 Franilort 828 153, 91 3 Gelsenkirc) 4 Notice—All stocks are sold in one hundred-share fots | ~Prev. 1930.~ THE EVENING STAR, WASHINGTON, TRANSACTIONS ON THE NEW YORK CURB MARKET excepting those designated by the letter s (65s) (283s), which shows those stocks to be sold in ~Prey. High 50% v 1421 107% 14% 6% 4 53 3% 14% 14% 8 10714 27 27 461 321 9% 40% 41 105% B 9% 40% 14% 16615 327 28 13% 8% 32 » 5812 288 2 6% 100 14% 1 1 874 19 118% 29% £l 14% 157 6% 137 14% 76 650 435 Deere & Co (16) 131% 123 Bl 3R4 57% 13% 200 15 18 102% 105 103% EI Bond & Sh pf (6).. 34% 32% 41 264 15% 25 214 25 33% 20 5% 195 S 26% an Sdla 11% 24% 15% 14% 34 121% 16% % 7 % v 3 254 122 18 14% 27% 0 R ctf N ‘: Saar Basin Con 7s '35 s Uni El Ser 75 'S ' SUni_Indust 67as '41. A 1.. Bi% N, 3UnSW6has A7 ww 89% 41 . 1930.~ Stock and Low. Dividend Rate. 44 Acme W Co vie (32) 7 Aeronautical Indu L] 9 8 AeroSup MfgB 4 10 81 Agfa Ansco pf. 3 83w 21% Alnsworth Mfg 11% Air Inv Inc cv pr. 43 Alrstocks vte (1). 16 All Amer Gen Corp.. 4 Allegheny Gas Corp. % Allied Aviation. ... 35' Allled Pow & Lt.... 45 Allled Pwr&Lt pf(3) 764 Allled PRL 1st pf(5). 275 Aluminum Co of Am. 4% Am Brit & Cont. 37 AmChain (3). . 37% Am Cit P&L A (a3). 14 AmCP&LB (b10%) 231 AmCwlith P A b10%. 34X Am Cwith P B b10%. % Am Control Ol Flds. 25' Am Cyanam B (1.60) Sales— 50% . 65% Am For Pow, 5 113% Am & Elec (21). 105% Am Gas&Elec pf (6). 10 AmInvestincB.... 4% Am Investors (war). 225 Am Lt & Tract (10). 1258 2 45 Am Mfg Co (4) S Am Maracaibo. Am Natural Gas. % Am Salamandra (3). 10 Am Solvents Chem.. 24% AmSolChevpf (3). 3 18 Am St Pub S(A)1.6 2 23% Am Superpower (1). 498 £7% Am Superpow pf (6) 1 94% Am Super 1st pf (§) 2 5% Am Yvette (new) wi. 4 11% Anchor Post F (2)... 19 15% Anglo Chil Nitrat 1 2% Anglo Nor Hold 5 8% Arkansas Nat Gas... 50 8% Arkansas NatGas A. 69 % Ark N G em pf (60c) 4 102 Ark Po & Lt pf (7).. T0s Works(3) 1 -Elec Ind Ltd... 1 86's AsSo G & E A (12.40) 48 7 Asso GRE Adebrt 14 Asso Laund (320c) 3915 Asso Rayon pf (6).. 22'4 Atl Coast Fish(1.40). . Atiant Fruit & Sug. 221 Atlas Plywood (2 14 Auto Musie (A) (1).. 6% Auto Voting Mach. .. 14 AutV Mecvprpt (2). 24% Aviation Corp of Am 33 124 Aviation Credit..... 14% 122 Babcock&Wilcox 19.100s 131 28 Bickfor Inc pf (2%). 1 6% Blue Ridge Corp. 46 33% Blue Ridge cv pf. 13974 14 182 304 301 M 9% 29 404 40% 41 101 Bohack HC 1st pr(7) % Botany Mills. 3 7 Bourjois, Inc (1). 8 36 Brazil Tr & Lt (2)... 36% 10% Brill Corp A (2.60) z2 1 14% Brillo Mfg (1.20) 274 Brit Am Tob B t1. 66 Buckeve P L (4). 241 Buf Niag&EPpf 1. 3% Burma Corp (t31¢) 5 Bwana M Kubwa. 2% Cab&Wire LtdA rcts 1% Cab&Wire LtdB rets 314 Can Marconi... 5414 Can Pacific(new) % Carib Syndicate, 2615 Celanese Corp. 14 Cellulold Corp. 22% Cent & Southw Util. 9513 Cen&SWUtil prin 7. 34% Cent PSv A (a1.75). 19~ Cen States El ($40c) 4% Centrifug Pipe (60¢) 53ia Ches & Ohio (new) 155 Chesebor Mfg (16).. 264 Cities Service (330¢) 18 Clev Tractor (1.60).. 27 %7 113% Cohn & Rosen, Inc. 9 sas 54 Colon Oil. .. W% % 24 Columbia Pictures 274 % Columbia Syndicate 52 Colgate-Pal-P (2%) 234 Com'with Edison (8) 10s 288 3!4 Comwlith & Sou war. 165 6 94 Com'with& Spt (6). 31 99% 100 121 Com Wat Ser (b6%) % Comstock Tunnel.... % CAMCoctfs....... 5 Consolidated Copper. 13% Con Dairy Prod (32). 90% Con Gas, Balto(3 60) 211 Con Gas Ut A (2.20). 3 Cons Instrument. 10 Cons Laundries. . 12% Continenta] Oil. 5 Copeland Prod Inc 11% Cord Corp........ 12% Corroon & Reynolds 3% Cor& Rey pf A (6).. 64 Cosden Oil 39% Coty Soc Anon rets. . 12% Courtaul Ltd (70¢). & Creole Petroleum. .. /1% 15% 8115 Rl 15% 118% 125 5 odd lots only. Add 00. Open. Hizh. Low. Close. 4 49 49 /Y 1 136 13% 61 10614 106'% 10615 14% 674 260% 2601 % T 107% 1071 304 9% 391 4015 15% 111% 29% 18% Crocker Wheeler. 2% Curtiss Airports vte. 1% Curtiss Wright war. 1% Cusi Mex Mining. 27% 4% 2% 1% 145 7% Darby Pet (1) 18% Davenport Hot Davis Drug Stor cf Dayton Alr & Eng ... 258 640 Deere & Co new w.l... 16 129% 130% 214 De Forest Radlo. 4% an 4% Derby Oil & Refin... 5 5 Detrolt Alrcraft Cor. 6 10% Dix Gas & Utllitles. . 16% 98 Donner Stl 1st pf (6) 98 12% Douglas Aircraft. 14% 75 Douglas (W L) pf 31 Dres(SR)MIg A 3%. 41 Driver Harris(new). 8% Dubiller Cond&Rad. Duke Power (35). 4% Durant Motors. 13% Duval Tex Sul w.i. 25% East Gas & F Asso. 18% East States Po B(1). 7% Eastern Utl Inv A.. 14 Eisler Elec Corp. 80% El Bond & Sh (b6) 640 14% 163, .. 475 1028 10214 4 105% 105% 24% Elec Pow Asso (1).., 296 34% 347 22% Elec Pw Asso A (1).. 25 32w 32% 2513 EIP& Loptwar.... 9 41 4l% 15' Elec Sharehldg (31). 11 25% 25% 14 Empire Firelns..... 3 15 22% Employ Reinsur 1%. 24 * Engineers Gold..... 19% Emp Pub Sv A(1.80). 18 Eng PSoptwar..... 18% Europan Elec (The). 3% Evans Wallow Lead. 2 Fabrics Finishing. 2% KFageol Moto 3 Fairchild Aviation. % Falcon Lead. . 7 Fansteel Product: 22% Federated Metls (1). 3% Finan Invtst, N Y 13% Fokker Alrcraft. 29'% Ford Motor Can A. 64 Ford Mot of France. Fourth NatInv.... 2% Fox Theat Cl A. 20 Garlock Pkg (1.20) 3% 40% General Bak pf (6). 11% Gen E Ltd rcts (50¢! 21 Gen Empire Corp. Gen Gas & El (A) 9% Gen Rity & Utilit] Gen R & Utll pf (6) Gerrard (SA) Co. 16% Gilbert (AC) (1)... 21 Glean Com Har n(1). 113% Glen Alden Coal (10) 11% Globe Underwrite: 6 16% 16% % Gold Coln. . 9 * * 3 Golden Center . 97 64 6k 35 Goldman Sachs (b6). 30 40% 40% 3 GoldSealEln...... 8 34 34 1'; Goth Knitback Mach 4 234 2% 2354 GrA&PTnv (5).. 1108 2491 249% 115% GrA &P Tea pf (7). 110s 116% 116% 12% Greenfield Tap&Dle. - 1 181y 18% 127 Groc Stors Prod vte. 2 14 14 24'y Ground Gripper (1). 5 24% 24% 38 Guardn Fire Assn(2) 2 423 133 Gulf Oilof Pa (1%). 18% Hazeltine Corp (1). 5 Helena Rubenstel 5 Hollinger Gold (80c) 21 Holt (H) & Co(1.80). 22% Houd-Her cv pfA2% 9% Houston Gulf G 37% Hydro Elec Serv (2). 10% Hygrade Food Prod. 805 1linots P L (20).... 24% Imp OIl, Can (50c). 20% Indian Terr Illum. 516 B5% 17 Ind Fin ctfs (b10%] % 24% 38% Indiana P L, n(12%) * Y 42 128% 4% 5 57 145 98 14 75 38 SR 1% 183% 5 17 333, 27 140 245 85% 23% 42% 26 30% 9% 391 4015 101101 101 - R R 24% 2% Stock and Sales— Low. Dividend Rate. _Add 00, Open, Hig! 98 Ind P&Lcupf (6%), 1100 100 5414 Insull Ut Inv(b6% N 6916 TnsCo N Ame(1215)., 2 17% Insurance See (1.40) 13 201 Intercoast Trade (1) 7 Intercontinent Petn. 19% Intl Petrol, n(6234a). 3215 Intl Superpow (21). internatl Ut B, 114 Internatl Util (war) 10% Interstate Equities 40% Interest Ea cv of (3) 24 Iron Cap Copper-..... 12 Irving Alr Ch (1.50). 9% Italian Superpow A, 5 Italian Superb wa 28% Johnson Motor Co. 2 Jonas & Naumburg. 2 Kan City PubS vte.., 18 Klein(H)pt pf(1.20), 13 Kolster-Br (Am Sh), 814 Takey Fy & Mch (1), 147 Lefeourt Real 11.85., 29 Lefcourt Real pf (3) 38% Lehigh Coal&Nav(n) 75% Lehman (The) Corp. 18 Libby McNell & L. 18% Lion Ofl Refin (2) 3% Loews Inc war. 1214 Loews Inc deb r 40 Long Isl Light(60e). 31 Loulsiana Lan & Ex. 20 Mac M: 15 Mangel § 4 Mangel Strs pf (614) 323 Marine M1d Cp (1.20) 1 Mavis Bottling. ... 48 Mayflower Assn 10% Memph Nat Gas Co. 28 Mesta Machine...... 84 Met & Min Ine (1.20) 2414 Met Chaln Store: 28% Met 5c-50¢ Strs pf. 75 Mid Stl Prod (16.63 22 Midl Unit (b1% %) 25% Mid Wst Utll (b8%). 214 Mid West Ut B war. 13 Migs River F Cp war 18% MolKan P L (b10%). 45 Mohawk Mining(12), 104 Moh H P 1stpt (7)., 8 Mount Prod (1.60).. 624 Murphy Co (1.20) 71 Nat Amer Co. 814 Nat Aviation. 162 Nat Casket (4). 105 Nat Dairy P pf 17 Natl Fam Strs (1.60) 254 Nat Fuel Gas (1 121 Nat Investors (new) 1315 Nat Mfrs & Stores. .. 1084 Nat Pow & Lt pf (7). 22% Nat Pub Sv A (1.60). Rub Mach (2)... at Steel Corp xw (2 Nat Sugar NJ (2)..3 31 Natl Trade Journal.. 20% Nat Transit (1)..... 16'% Nehi Corpn (1.30) 88% New Eng Pow pf (6) 315 New Mex & Ariz Ld.. 105 Newmont Min (34). 22% N Y Invest (1.20) 108 N Y P&Lpt (7) 8 N Y Rio&Bu Alres. . 11% Niagara Hud P(40c) 3 Niag Hud Pw A war. 6% Niag Hud Pw B war. 12 Niagara Shares Md... 27% Niles Bement Pond. 1% Nipissing (30c). 12% Noma EI Cor (1.60). 34% Noranda Mines (3).. 9 5% North Am Aviation.. 138 5% North Am Util Sec.. 6 98Y% North Ind P S pf(7). 80s 48 Northern PL (15).. 50a 170 North StPow A (8). 7 95'% North St Pow pf (7).100s 21% N W Englneer (2)... 74 Ohio Brass B (5) 1 Ohio Copper. 68% Ohio Oil (12) 2 69 Otis Elevator new... 17 14 Pac Comm Co (1.40).. 27% Pac Pub Serv (1.30).. 125 Pac Western Oil 1 Pandem Oil 1% Pantepec Of Param C Mfg Pennroad Corp Penn Mex Fuel (2).. Penn-Ohio Pw pf (). Penna Wa & Pwr (3) 1. Peop L&P A(a2.40).. 614 Perryman Elec Co 23% 194 Petrol Corp (1%). 13% 10% Pilot Rad T A (1.20), 15% 10 Pitney B Pn (20c).. 118 Pitts& L E (5). 25% Plymouth Oil (2). 9 Polymet Mfg ($1)... 38 Power Securities pf. 815 Prince & Whitely.. . 35% Prince&Whitely pf3. 93 Prudence Co pf (7). 14 Prudential Inv 17% Pub Util Hold 99 PugSP&Ltpf (6). 12% Ry & Util Inv (A)... 8% RalnbowLumProd A 3% RainbowLumProd B 2% Reiter-Foster (40c). 16% Rel'nce Managemnt. 71 Republic Steel n wi. 90% Rep Steel cum pt wi. 54 Reynolds Bros Inc. . 26% Rike Kumbler (2.20) 26% Roan Antelope Min. . 37% Rochester Cent Pow. 19% Rocklans Lt&P(92¢c) 2 Roosevelt Field. Inc. 1 Ross Stores, Inc. 5214 Ruberoid Co (4) 14% Russek’s Fifth Ave.. 3% Ryan Consolidated. . % St Anthony Gold.... 65% St Law P pL(6) 19% St Regls Paper (1).. 6 Stfeway S war (2d). 2% Schulte Un Sc-$1 St. 4 Schutter J Candy A. 10% Seiberling Rubber. 7% Selected Industrie 59 Select Ind pr (5% ).. 66 Sel Ind allot efs 5% 4% Sentry Safety Cont., 51% Sheaffer Pen (12'%) 81 Shenandoah Corp 33 Shenan Corp pf(ad).. 92 Sierra Pac E1 pt (6). 18 Silica Gelct........ 4% Singer Mfg Ltd(30c) Sisto Fin Corp. ..... % Smith (A O) (2)....6 Solar Refining (2%) % Sonora Products. ... South Coast. .. 24% So Cal Ed pfB(134) 22% So Cal Ed pf C(1%) 23 So Col Pow A (2). 37% South Penn Ol (2).. 116% 108 SEP&L L (7)..... 100 88 S'east P&L pr pf(5). 8% 4% Southern Corp...... T 4% SoIce & Utilities B, 13 So Pipe Line (12). 10 Southland Roy (1) 118% 117% S W Bell Tell pf (7). 12% 104 S W Dairy Products. 15% 7% S W Gas Util. . 1% Spanish & Gen 1% 545 30 High, 102 SO o e e e B 20 o 5 cunieTealrenannianhive o s 3 o 287 4 Stand Oil, Ky (1.60). St Ol of Ohlo (23). 1508 62 Stand Pow & Lt. 61 993 20 Starrett Corp....... 34 Starrett Corp pf (3).. 10 Stein Cosmetics Ine. 10 Strauss Roth. 1% Stuta Motor Car.. 6% Sunray Oll (40c)..., 88 Superheater (13%).. 136% 129% Swift & Co (8)...... 35% 31% Swift Intern'l(2%). ., 28% 19 82 25 24 417 Transamer (31.60). . 6 Tran Con Alr Tran.. 17% Transcontl O11 (30¢) 4% Tr-Lux DLPS (A). 4 Tri-Cont Corp war. .. 11% ‘Cri-Continental Cor. 75 Tri-Cont Corp pf(6). 40 Tri-Util Cor (31.20). 24 Trunz Pork S (1.60). 38 Tub Art Silk B (10).. 20 Tung-Sol Lamp (2). 35 34 Tung-Sol La'p pt (3) 26% Ungerleider F Corp. 84% 27% Union Amer Invest.. 1 % Union Tobaceo. 6% 11 Utd Carr Fastnr 1.20 32 19% United Chemical Co. 36% 82 United Ch pt pf (3 21% 14% United Corp war 8 7' United Dry Dock: 32% 19% United Gas Co. 39% 27% Unit Lt&Pwr A 8k 19% D. C, FRIDAY, FEBRUARY 14, 1930. 1930.— Low. 974 Stock and Bales— Dividend Rat 131 US&InSetr (214).. U S Lines pt (50¢). .. U S Radiator ctfs(2) U 8 Shares Fin....,. Unit Verde Ext (4).. 4 Utility Pw & Lt(a1). UHIP&L B ctfs (al). Utility & Ina. . . Utll & Ind pf (1%).. Utility Equities..... % Vacuum O11 (14%).. Venezuela Ptm(20¢). Vick Fin Corp...... Add 00. Open. High. Low. Close. 5 ™ %is © 85w ‘oou eow ebw 18% 22% 2214 USFoll B (1). .. 24 67% 15% ~—Prev. 1930.« 105 104% 104% Western Winter ( 3% 2% So. Cal. E 10 .01 Trans Cor yment. dividend_ tPa Stock and . .. Dividend Rate. Vogt Mfg Co (2) Waltt&BondB(1.40). Walgreen Co. nden Copper. .... West Air Exp (60¢) Dividend rates in dollars based on last FINANCY | Sales— Add 00. Open. High. Low. Close. oo B 2% SBT3 91%| T&S (2). Wilson Jones (3). Benj). . 17% Zonite Prod (1.60) RIGHTS. Con Gas El L&P..April 1 % Crocker Wheeler Expire. M 5 4% 2% 3 2u 3 81 3w 04 05 .03 quarterly o Feb. 24 112 dison. RS 5 26 ; > Met semi- rtly extra. Plus extra in stock. a Pavabie in eash or stock. b Payable in stock. d Payable in preferred stock. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., February 14.— Potatoes, white, 100-pound sacks, 2.25a 2.85; sweet potatoes, barrel, 1.75a2.75; yams, barrel, 1.75a2.50; beets, crate, 2.25a2.50; beans, hamper, 2.0024.00; cabbage, hamper, 75a1.00; carrots, 100, | 3.00a4.00; caulifiower, crate, 1.50a2.00; celery, crate, 2.00a3.20; lettuce, crate, | 1.7524.00: kale, barrel, 1.00a1.25: onions, | 100 pounds, 1.50a1.75; peppers, crate, 3.00 26.00; peas, bushel, 2.00a2.50; parsnips, basket. 50a60; spinach, bushel, 25a75: squash. _bus| 3.50a4.00; tomatoes, crate, 2.5026.50; turnips, hamper, 20a30; apples, bushel, 60a2.50; cranberries, 5.50a6.50: grapefruit, box, 2.50a4.50: oranges, box, 2.00a4.50; tangerines, 1.25 | a3.50; strawberries, quart, 30a50. | Dairy Market. Poultry, alive—Turkeys, pound, 30a36; old toms, 20a25; Spring chickens, 3 2 poor and thin, 19a20; s, 17a18; capons, 30a36; old Leghorns, 24a25; poor and thin, 17a18; ducks, 17a18; guinea fowls, | each, 45a70; pigeons, 25a30. Eggs—Receipts, 1,141 cases; nearby firsts, 42':a43; pullets, 35; hennery, whites, firsts, 43a45; culls and dirty, 25a26. Butter:-Good and fancy creamery, pound, 34a38';; ladles, 31a32; store packed, 20a21; rolls, 25a28; process, 33a34. Live Stock Market. Cattle—Receipts, 500 head; moderate supplies, market higher, Steers—Choice to prime, none; good to choice, 12.50a13.00; medium to good, 11.25a12.00; fair to medium, 10.50a11.50; plain to fair, 9.00a10.00; common to plain, 8.009.00. Bulls—Choice to prime, none; good to choice, none; medium to good, 8.50a 9.25; fair to medium, 8.00a8.50; plain to ;ax;, 1.5028.00; common to plain, 7.00a .75, Cows—Choice to prime, none: good to choice, none; medium to good, 8.00a 8.50; f: to medium, 7.00a8.00; plain 5.50a6.50; common to plain, 4.00a5. Heifers—Choice to prime, none; good to choice, 10.00a11.00; medium to good, 9.00a10.00; fair to medium, 8.00a9.00; plain to fair, 7.00a8.00; common to plain, 6.00a7.00. siTesh cows and springers, 60.00a 150.00. Sheep and lambs—Receipts, 100 head; light supply, market steady; sheep, 2.00a 6.50; lambs, 7.00a13.00. Hogs—Recelpts, 100 head: moderate supply, market spotty; lights, 11.80a 12.10; heavies, 11.2512.05: medium, 11.85a12.15; roughs, 7.75a10.00; _light pigs, 10.00a11.00; pigs, 11.25a11.65. Calves—Receipts, 50 head: light sup- ply, market steady; calves, 7.00a16.00. Hay and Grain Prices. 2 red Winter, No. 2 red Winter garlicky, spot, .21%; February, 1.21%; No. 3, gar- licky, no quotations. Corn—No. 2 domestic, yellow, new, 1.00a1.01: cob corn, new. 4.65a4.75. Oats—No. 2 white, domestic, spot, 5514a56; No. 3 white, domestic, spot, 5415855, Rye—Nearby, 90a95. Hay—Receipts, none: general hay market is_quie some little hay is ar- riving, but hardly enough upon which | to_establish quotations by grades. Bet- ter grades of timothy and clover mixed are selling from 15.00a18.00 per ton, according to quality and condition, re- ceipts by truck supplying most re- quirements. Straw—Wheat, No. 1, per ton, D.fiol! 10.00; oat, No. 1, per ton, 9.00a10.00. - FOREIGN EXCHANGE. ' (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value (orpar). today. London, pound 348665 $4.86 1-32 Paris, franc. 193 0301 Brussels, bel Athens. drachm Mad»id, peseta Vienna. schilling. . Budapest. pengo. .. ue. crown (noy Warsaw, zloty. .. Copenhagen, crow: Osio_ crown'.. 267315 Stockholm, crown . ‘2682 PARIS BOURSE PRICES. PARIS, February 14 (#).—Prices were steadier on the Bourse today. Three per cent rentes, 88 francs 55 centimes. Five per cent loan, 101 francs 40_centimes. Exchange on London, 124 francs 1615 centimes. The dollar was quoted at 25 francs 537, centime: spot, | From Yesterday' 50 Industrials. Two years ago. Three years ago, weekly High (1930) ) sales, 3,66 * New highs. Today ... Previous day... Week ago... Year ago. Two years ago...... .3 Three years ago, weekly aver.. 95.8 High (1930). Low (1930) Total sa alue), $11,3 Youl_~ TNCOME TAX An employer may deduct from gross income the amount of bonuses paid em- ployes when such payments are made in good faith as additional compensa- tion for personal services actually rendered, provided that when added to the stipulated salary the total does not exceed “a reasonable compensation for services rendered.” Donations made to employes which do not have the ele- ment of compensation, or are in excess of reasonable compensation for serv- ices, are not deductible, | Pensions paid to retired employes or their families and sums paid as com- pensation for injurles, limited to the amount not compensated for by insur- ance, are proper deductions. When the amount of the salary of an officer or employe is paid for a limited time to his widow or heirs in recognition of services rendered by the deceased such payments may be deducted. Salaries paid employes who are ab- sent in the military, naval or other service of the Government, but who in- tend to return, are allowable deductions. Business Notes NEW YORK, February 14.—The Standard Steel Car Co. has received an order for 25 all-steel passenger cars| from the Chicago, South Shore & Mil- waukee Rallroad. The cars will cost about $850,00C. A block of 106,250 shares of common stock of the Great Lakes Engineering Works of Detroit has been admitted to trading on the Detroit Stock Exchange. The Henney Motor Co., subsidiary of the Allled Motor Industries, Inc., has ordered 400 ambulance and hearse | chasses from the A. O. Smith Corpora- tion of Milwaukee. | _The estimated quantity of bituminous coal produced in the United States dur- STOCKS. vi 2,000. (Copyright. 1930, Standard Statistics Co.) ing the week ending February 8, ilfll‘fll;lg to figures prepared by the Na- | onal Coal Association, was about 1,350,000 net tons. The first rivetless cargo vessel, a | 2.500-barrel ofl tanker, has been com- pleted at the yards of the Charleston (8. C) Dry Dock and Machine Co. and will be launched tomorrow. The ship was built for the Texas Co. and was constructed entirely by the arc- welding method. BANK CLEARINGS. NEW YORK, February 14 (Special). —New York bank clearings, today, $1.- 338,000.000; a vear ago, $1,780,000,000. New York bank balances, today, $184,- 000,000; a year ago, $165,000,000. New | York Federal Reserve Bank credits, to- | d;gbozlss.ooo.ooo; a year ago, $151.-/ 000,000. | Japan is seeking a cure for stomach | STOCK AND BOND MARKET AVERAGES By the Associated Pre s 5:30 Edition. 20 920 Utilities. Total. “242.0 239.8 232.5 212.7 132.8 102.2 242.0 NEW YORK COTTON. NEW YORK, February 14 (#)—Cot- ton opened steady at an advance of 10 to 14 points today in response to higher Liverpool cables and showed net gains of 17 to 23 points right after the call, with May advancing to 16.18 and Oc- tober to 16.53 on covering and trade buying. Demand tapered off somewhat at these figures, which evidently at- tracted realizing, and there were set- backs of a few points, but the market was fairly steady and about 13 to 18 points net higher at the end of the first half hour. The report of the Census Bureau showing domestic con- sumption of 577,235 bales for January, compared with 453,892 for December and 668,286 for January, 1929, was a shade under the forecast and may have led to some realizing on the early ad- vance. Liverpool cables said there had been covering and trade calling in that market and reported a broadening de- mand for cotton cloths, with an im- proved turnover in yarns. GRAIN MARKET. CHICAGO, February 14 (#).—In- fluenced by downturns in Liverpool quotations and by lack of export de- mand for wheat from North America, wheat values here underwent fresh early setbacks today. Liverpool market was ascribed to cheaper offerings of Argentine wheat and to increasing pressure of unsold Canadian wheat afloat for Europe. future deliveries showed little power to rally. Corn, oats and provisions were also easier, with corn starting % to 3 down, and subsequenily keeping near to_the initial range. for wheat today were reiterated mes- sages to this effect: “Nothing doing in export circles.” Such evidence of per- sistent lack of any substantial outlet, at least temporarily, for wheat from the effective as a market influence because of being in decided contrast with the large foreign demand which many of the closest observers of ‘market condi- tions have predicted was sure to develop owing to shrinkage of wheat yields in important producing countries. One attempted explanation today of cur- tailed transatlantic buying from North America was extra large yields of rye in European countries and importation of new wheat import duties abroad, making_wheat prices relatively exces- sive to European consumers. On the other hand, some encourage- ment for wheat buyers today was found in the fact that show covering for do- mestic Winter wheat has almost com- pletely disappeared everywhere, Under such circumstances any severe drop in temperature would furnish a basis for apprehension of crop damage. How- ever, current advices today represented domestic wheat at present as having generally come through the Winter in good_condition. GREATEST Useo car s disorders among its people, which are belleved to have been caused by ani overdiet of ri Chevrolet History _SEE OURISMAN ADV.. PAGE -2 OLDEST National Bank in District of Columbia Open Until 5:30 P.M. February 17th for Payday Depositors’ Convenience One Dollar or more will open a savings account Trust Dept. One Hundred Yearsof Continuous Service gThe custodian of your Payday and other cash should be a bank of d strength and stability. g The Metropolitan is such a bank, as is evidenced by its financial standing, prestige and one hun- dred and sixteen years of continuous service. We especially intite the accounts of young people—those who desire to “get ahead,” financially.” Why not grow up with us as have your forebears? National Metropolitan Bank Capital, Surplus & Undivided Profits Over $2,300,000.00 15th St., Opposite U. S. Treasury Organized in 1814 and Sixteen emonstrated service, 116 ‘Weakness of the | Opening % to 1!3 off, Chicago wheat | Handicapping friends of higher prices | United States or Canada was the more | AL, BUSINESS VIEWED INNEARBY STATES 9.+ Virginia, West Virginia and Maryland Report Wide In- dustrial Variations. Sectional business conditions in the country as a whole and in nearby States are summarized as follows by the Alexander Hamilton Institute's credit and sales bulletin: Good conditlons are repotted by 19.2 per cent of 198 citics in all parts of the United States, fair conditions by 389 per cent and poor conditions 419 per cent. Only 12.1 per cent have been experiencing an upward trend of business. New England has the largest percentage of good cities and the East South Central the smallest percentage, Maryland. Curtailment is noted in all lines of manufacturing activity, although_stecl mills report some improvement. Cloth- ing and textile mills are below the level of a year ago, although the clothiers are preparing for the Spring business Retailers are stimulating business by Inaugurating cut-price sales, especiall * in department stores. Automobile deal, ers have been preparing for the sho7 with sales light, but much shopping bre ing done among the new models. | increase in the output of dairy produc: has caused a general lowering of pris Although building activity in Decemby increased 42.7 per cent over a year ag: the total value for 1929 was 3.2 pe cent under the 1928 value, Virginia. The general condition of business is fair to poor. Retail trade is endeavor- ing to hold its own through numerous sales in all lines. The tobacco plan and lumber mills continue to show cur- tallment. The American Tobacco Co. expects to more than couble the capac- ity of its Richmond plant, thereby giv- ing employment to 1,000 workers, Build- ing activity for December as against ¢ year ago increased 20.8 per cent, but the 1929 total was 13.6 per cent below last year. The value of the total crop: in 1929 was $164,384,000, as agains’ $153,481,000 in 1928, an increase of 7.1 per cent. West Virginia. Industrial activity is running at a fair rate, although below the level of a year ago. During the period 1919 to 1929 West Virginia increased its output of bituminous coal until at present it stands first among the States. TREASURY CERTIFICATES, Sept. 15, 1932 128 Dec " 15. House Heating During February we will install Gas House Heating in your hom jn 12 h_ours, without inconvenience to you. Terms arranged. Washington Gas Light Co. 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