Evening Star Newspaper, February 17, 1930, Page 14

A—-14 xax INCREASE IN SALES ABROAD IS PLANNED U. S. Industrial Leaders to Study Needs of Customers in Europe. BY JOHN F. SINCLAIR. Epecial Dispatch to The Star. NEW YORK, February 17.—Issuing the call for the Seventeenth National Foreign Trade Convention, to be held at Los Angeles the latter part of May, James A. Farrell, president of the United States Steel Corporation and chairman of the National Foreign Trade Council, sals that “the outstanding feature of American foreign trade is the increased sale abroad of the prod- ucts of our manufacture.” The increase was more than 12 per cent last vear. Mr. Farrell believes that the strongest factors in obtaining this foreign trade expansion have been the intensive study given by American business leaders to foreign trade problems and the ex- haustive development of merchandising organizations by American producers and traders. Export of finished manufactured goods for December showed a slight increase over that of the preceding Decemb>r and for the entire year more than equaled the whole of America's exports in 1913. J. A. H. Kerr, of the Security First National Bank of Los Angeles is in charge of the local arrangements, and will co-operate with the Los Angeles Chamber of Commerce and the Pa- cific Foreign Trade Council, the latter comprising foreign traders in all Pa- cific Coast cities. More than 2 foreign traders from! all parts of the United States, ada, Latin America and the Far East are expected. Unemployment in England. Power has sobered the British Labor party. Out of power, the care-free, critical attitude is in order. But ele- vated to power, the whole party’s atti- tude changes ‘The ng%l\ Hon. J. H. Thomas, Labor minister in charge of unemployment, now finds his most extensive program of public works, roads and housing of- fers a prospect for employment of only an additional 84,000 men, some 7 per cent of Britain's unemployed. John A. Hobson, distinguished British labor economist, writes that the only hope for any permanent and effective solution of the unemployment problem n England must be found in revamping and rebuilding British industries to make them up-to-date and as efficlent in management as they are in other parts of the world. Britain is grimly facing this problem now. She realizes, all too true, that where is no solution for her unemploy- nent—now approximately 2,000,000 “ersons—unless this is done. The only alternative is to have a steady and ystematic immigration, tied up with a Jecreasing birth rate at home. The Labor party has faced the un- ~mployment problem; the Liberal party 1as faced it, and the Conservative party ws faced it. None of them has olved it. ‘There is no royal road to employment. The Labor rty, itself thoroughly ympathetic, finds itself up against ex- wctly the same conditions as the other wo parties faced when they were in rower—stern realities that call for omething more than plausible speeches :nd rainbow promises. The 40-Year Slogan. “Pire but do not hire at 40.” ‘This slogan has aroused the ire of nany workers. It is being challenged '8 an unbealthy and bad policy by nany organizations. ‘The tion of Engi- neers research ‘:h. one o!h!.h? ~hallengers. They insist that much of he great work of the world has been Jone by men beyond the 40-year line. Colum made his first trip to imerica when past 50; Hugo Eckener, ‘vho learned to fly after 40, flew around he globe at 60; Pasteur was over 60 vhen he discovered rabies treatment; Sutenberg invented printin: from type \fter 40; Harvey discovered the blood -l‘rcuhuon system of the human body ifter 50. Look at American industry! We see 1. M. Westinghouse active at 75; Wil- iam Wrigley, jr., active at 68; Charles M. Sthwab now 67; Henry Ford con- juering new heights at 66; Justice Oliver Wendell Holmes busy every day at 8 Chomas A. Edison burning the m aight oil at 83; Dwight Morrow 2ing & new career at 56; Charles E. Hughes assuming new responsibilities at 37: George F. Baker driving ahead in | world finance at 87. The list is num-| oderless. No, it’s not the age of the individual, but the spirit that counts. i Television. “Television will revolutionize the mer- chandising field,” said a sales executive | to me this week. The first demonstration of television ; in the United States was on April *7,| 1927, when Herbert Hoover's voice was transmitted from Washington to a laboratory in New York. But two years | is a long time ago in a fast-moving | world. Now 19 stations are licensed for television broadcasting. | Darwin L. Teilhet, televicion expert, predicts the dwindling importance of sales organizations as now constituted. Retail sales today are very expensive— | a margin of 40 to 60 per cent is not| unusual. Television is expected to| slash into this item deeply. | One banker makes this prediction: | “Business has been changed greatly in the last 10 y by the telephone, tele- graph and high-speed methods of com- munication. It is quite possible that television will create even more changes in the future.” Perhaps too much is expected. Per- haps sales will expand aided by this new mechanism. Perhaps more men will be employed as a result of tele- vision. Expert salesmen will probably always be retained. But it is reasonable to expect that| selling by television will exclude long- time buying and cut credit risks by re-| ducing stocks on hand. In such a revolutionary age every one with an idea has a chance. We all, in reality, start from scratch. No young men and women in the history of man- kind have had so many opportunities as are presented at this very hour. (Copyright, 1930. by North American News- paper Alliance.) ORDINARY INSURANCE IN JANUARY GAINS While the volume of life insurance production of all classes during Janu- ary was 29 per ce=nt less than in January of 1929, ordinary insurance increased 8.2 per cent, accordng to a statement forwarded yesterday by the Association of Life Insurance Presi- dents to the Department of Com- merce. ‘The total new paid-for business, ex- clusive of revivals, increases and divi- dend additions, of these companies amounted to $995,195.000 in January, ‘gams! $1,024,478,000 in January, 1920, nd $863,606,000 in January, 1928. Or- dinary insurance in January, 1930, amounted to $712,855,000, against $659,- | 843,000 in 1929. an increa-e of 8 per cent; industrial was $218,027,000, against $265,998,000 in 1920, a decrease of 18 per cent, and group insurance was $64,313,000, against $98,637,000 in : % 11 a7y 27% 46% 120 61% 341: 831y 18 21% 19% 2 35 581% 106% 93 142'% Natl Biscuit pf (7) % 137 B4% 263 43% 16% 11% 26 35 26 % 107 FINANCIAD.” THE EVENING STAR NEW YORK STOCK EXCHANGE Received by Private Wire Direct t- The Star Office. (Continued From Page 13.) Stock and Madison Sa G (1%). 8 Mallinson & Co. 25% Man Elec Supply . 30% Man Etev mod (d5) 207 Man Shirt (2)....... 5% Maracaibo Oil Exp. . 13 Market StRy....... 397% Marlin-Rockwl 1434 . 0% Marmon Motor (2).. 371% Mathieson Alkill (2) 115 Mathieson pf (7).... 20s 49 May Dept Strs (n2). 291 Maytag Copf (3).... 76 Maytag Co 1st pf(6). 154 Mengel Company (2) 161 Mexican Seaboard. .. 267 Miami Copper (4)... 3 MMchigan Steel (2%). 25 Mid-Coutinent P (2 1 Middle States Ofl 3% Miller Rubber. 103 Mil El R&L pt 1 1 3 3 1 2 1 1 1 6 6 1 1 1 = 59 1 1 30 1 46% Mo Kan & Texas.... 38 103 Mo Kan & Tex pf(1). 1! 87 Missouri Pacifie..... 1 134 Missour! Pac pf (5).. 1 36 Mohawk CMills (3).. 5 38% Montgomry Wrd (3). 266 3% Moon Motors, 6 1% Mother Lode (40c).. 3 4% Motor Meter G & E.. 4 54 Motor Products (2).. 3 261 Motor Wheel (3).... 6 12' Mulling Mfg........ 5 57ts Mullins Mfg pf (7).. b0s 18 MurrayCor(b2%stk. 20 5114 Nash Motors (6)....| 19 18% Nat Acme (13%) 8 11 Natl Alr Trans . 46 9% Natl Bella Hess (31) 177 Natl Biscuit (7). 71 Nat Bisn (p2.80). 114 %3 NatCash Reg A(t4). 53 45'% Nat Dairy (32) Nat Distillers (2). % Natl Enameling (2).. Natl Lead (5)....... Natl Lead pf A (7).. Natl Lead pf B (6) Natl Pwr & Lt (1)... 1314 116 32 ton Steel (3).... N Y Alrbrake (3.60).. N Y Central (8) 10 300s 111% N Y Steam 1st pf (7) 20s 16% Norfolk Southern.... 4 226 Norfolk& Westn(10). 93% North Am(b10%stk) 51- North Am pt (3) 32 82% North Pacct (5) 13% Oliver Farm Equlp, 314 Olivr Fr Eqev pt(3). 2% Omnibus Corp. 63 Orpheum Cir pf (8). 11 301 Ouls Stee] (2%). 15 Pacific Coast 2d pt. 52% Pacific Gas& E (2).. 72 Pacific Lighting (3). 1 Pacific Oil stubs. .. 150 Pacific Tel & T (7 5 08 3 52 Pan-Am Petroleum 50% Pan-Am Pete B. 48% Paramount-F-L (4). 25 Park & Tilford (33). 2% Park Utah, 5 Pathe Exchange A... 28% Patino Mines (3.89).. aaNEA - 63% Penney (JC) (2%). 8% Penn Coal & Coke. ... 64 Penn Dixie Cement. 72% Pennsylvania RR(4 230 People’s Gas Chi (8) 38% Phelps Dodge (3).... 11% Phila& Read C& 8% Philip Morris (1) 24% Phillips-Jones (3).., 30% Phillips Petrm (n2). 21% Plerce-Arrow A, 2. o Sualsar e 34 Pillsbury Flour (2) 45 Pirelli Co A (2.88). 68% Pittsburgh Coal.... Pittsburgh Coal pf. 17% Pittsbgh Screw 1.40.. 27% Poor & Co (B) (2)... 59% P Rican Am To (A)7 P Rican Am To (B) Postal Tel & C pf(7 P Prairie Pipe L (15) Pressed Steel Car, 52% Proc & Gamble (2) 8% Prod & Refiners..... 46 Prophylactic Br(2). 811 Public Serv, NJ 3.40. 106'% Pub Sve NJ pf ( 1074 Pub Sve E&G pf(6).. #21 Pullman Corp (4) 224 Pure Oil (1%). 112% Pure Oil of (8). 77 Purity Bakeries (4). 34% Radlo Corp... 68 Radio pf B (5). 19 Radio-Keith-Orph A. 35% Rand Mines (3.04). 121 Reading (4) 44% Real Silk (5). . 88 Real Silk Hos pt (7). 3% HRels (R) & Co. . 25% Rem Rand (50c). 92 Remington 1st pf (7) 95 Reming-Rnd 2d (8). 10% Reo Motor Car (.80). 72% Repub Ir & Steel (4). Rep Ir & Stl pt (1) 4 Reynolds Spring. 72% Reynolds Tob A (: 494 Reynolds Tob B (3 22% Richfleld O1l (2). 17% Rlo Grande Ol (2 37% Rossia Ine (2.20).... 51 Royal Dutch (23.20). 111% Safeway Stores 96 - P 1191 DUV VIUH. JUT0S JOPErarey Wy 107% St L-San Fran (8)... 92 St L-San Fran pf| 4% Schulte Retall St . 8 82l Sears Roebuck (32%) 159 9% Second Natl I o1 5815 Sec NatlInvpf ().. 1 2% Seneca Copper. . 2 150% 149 14 14 2214 Sharon Steel H ( 17 Sharp & Dohme. Sharp & Do pf (3%4).. 36% Shattuck(FG)(11%) ShellTranspt(a2.41). 21% Shell Union (1.40)... Shell Un Ol pf (5%) 651 Simmons Co (g3).... 227 Simms Pet (1.60). ... 22% Sinclair Con Ol (2).. Sinclair Ol pf (8)... 29% Skelly Oll (2). Solvay Am In pf 5% % So Por Rico Sug (2).. 56% Southern Cal Ed (2). 315 Southern Dairies B 1191 Southern Pacific (6, Southern Rwy (8)... Sou Ry M & O ct (4). Spalding(AG) (2)... 9 Spang-Chalfnt pf(6) 1314 Sparks Withngtn(1). 2114 Spicer Mfg...... 39% Splicer Mfg pf (3).... 3512 Splexel-May-St (3).. 54 45 4 101 109 95 131 a0 2614 Stand B: 64 10 58% Stand O 98 33 77 Stone & 40% Studebal 18 Tenn Col 19 9 34 97 Utd Gas 25 142% 141 68 354 4 49% Vanadiui 5% Virgini; 26% Virgini 39 65 68 85 97 132 Warre 29% Weston 88 72 44% 134% 108 1% 1% 1% 3% 3 13% 1 1 Balto & 13% Lig & M 10:30 A M. 1:30 P.M., al in ca : of stockholders. 2% Stock and ales— Dividend Rate. Add 0\;. ml-h. 0 117's Std Brands pf (7)... 5 Stand Com Tob (1).. 109% Stand Gas & El (3%) StandG& Epf (4).. Stand Invest Corp. Stand Oll Exp pt (5). 7% Stand OIIN J (12).. Stand O11 N Y (1.60}. 1% Stand Plate Glass. .. Starratt (L S) Co(2). 10'4 Sterling Sec A. Sterling Sec pf(1.2! 36% Sterling Secev pf(3) 38 Stewart-War (h3%) 524 Texas Corp (3)... 547 Tex Gulf Sul (4). 9% Tex PC& O (b10% 13% Texas Pac Land Tr. Thatcher Mfg (1.60 Va Iron Coal & C pf.. 20 Vulcan Definning. Vulcan Detin A. . s Vulcan Detin pf (7).. 208 24% Waldorf Sysum (134) Walgreen pf (634). 58 Ward Baking pf (7) 38% Warner Bros Ple (4). 250 36's War Bros P pf (2.20) 16% Warner-Quinlan (2). B ) Oll & Snow (2) West Penn El A (7). st Penn El pf (6). 10s Col Carbon. % Erfe RR. Sales of Stocks on New York . b Pay, sh or stock, { stock i Plus 8% Sales rev. jose, 10 314 17 P Low. Close. Cl 3?“‘ 9% 80s 11 1 7 B 190 0 e rands (1%).. o - s L TEE T T e T of Cal (2%). 43 12 301 84 Webster (1), ker Co (5). % Submarine Boat. 56 Sun Oil (11) 105'% 102% Sun Oil pf (6) 5% Superior Ofl... 20 Superior Ste p & Ch (1)... 365 Thompson J R (3.1 34'y Thompson Prod 10% Tide Water Asso 60c. 70% Timken Roller (3). 2% Tobaceo Produe 7% Tobacco Products A. Transue & W (1). 30% Trico Prod (3%). 33% Truscon Stl (g1.20) 24 Twin City Rp T (4) 974 Und-Ell-Fisher (5).. 76 Union Carbide (2.60) 42% Union Oll of Cal (32) Union Tank Car. 4315 Utd Alrcraft& T; Utd Alrcraft&T pt Elee Co United Fruit (4)..... 31% Utd Gas & Imp(1.20) 106 X 1 & Im pf (5 7% Utd Paperboard. . Unit Plece Dye W (2) 4% United Stores A..... 15% Udt Stores pt. . 1 | .53% _47% U S Rubber 18t pf 36 ~ 3214 U S Smelt Ref (3%). 189% 166 U S Steel (7)., .. U S Steel pf (7)., 60% U S Tobacco (4) d Util Pwr&Lt A (e2).. Vadsco Sales Corp... 18% Van Raalt, Car 6% pf.. s 5 1 26 e ) Fy&Pipe(2). Asenlohr. . 1 2 108 Westhse E&M pt (5) 100s Ellns (1).., 19% Wilcox Rich, B (2).. 7% Willys-Over (1.20).. 3% Wilson & Co 62% Woolworth (2.40). .. 67% Worthington Pump.. Worth Pump A (7).. 36% Wright Aero (2). 12% Yellow Truck & C. Yellow Truck pf. 36%% Young Spring (3 Young Sheet & T (5). 5% Zenith Radlo........ RIGHTS EXPIRE % Am R Mill .June 15 Mar11 Mar 11 ‘Feb 28 Mar 12 Oh| 1% W W 14% 135 Exchange. 12:00 Noon. y 391,100 2.083,000 the annual cash early deciarations. | Eerily exira. ' Eius "10%" 18 ek in stock. & Pius. sect B Plus 3% in stock. b Subi D Com) Artloor Zan G - 4 | Ehestnut Hill Coly Palm Pe Thew NE 1929, a decrease of 34.8 per cent. MOTOR TRUCK MARKETING. CHICAGO, February 17 (#).—Four- teen and a half million cattle, calves, hogs and sheep were marketed by motor truck in 1928, the Corn Belt Farm Dailies reports. This is a 19 per cent ; Sauitabl increase over the previous year. There rounds of beef, pork and mutts ued: at- §410,000,000. Herrh NEW YORK, February 17 (#).— Reg | United Shirt Distrib.12%2c Q@ Due | Ameri away IVIDENDS DECLARED. pany m Corp pf "3 21 Ele Ltd .15 POOOOOOOODODT F Initial. Federated Capital...20c Q Feb. 8 Increased, Shovel.......45c Q Feb. 20 mitted. 1 W YORK BANK STOCKS. NEW YORK, February 17 (#).— BANKS. B 132 Naiional 115 tional.. iy man National Co....... Manhattan Banki Central ers H ver.., Ghemical Bank &'ty Exchange. Corn Coun Inter; int ity ty national” Trist. e . | Hidrs. of (medium to CHICAGO LIVE STOCK MARKET CHICAGO, February 17 (United States Department of Agriculture).— Hogs—Receipts, 62,000 head, including 28,000 direct; market 15 to 25 higher; top, 11.50; bulk 160-220 pounds, 11.25 11.50; 230-250 pounds, 11.00 to 11.25; 250-300 pounds, 10.65 to 11.00. Butchers, choice, 250-300 pounds, 10.35 to 11.10; 200-250 pounds, 10.75 to 11.50; 160-220 pounds, 10.85 to 11.50; 130-160 pounds, 9.85 to 11.45; packing | sows, 8.75 to 10.10; pigs, medium to choice, 90-130 pounds, 9.25 to 11.00. Cattle—Receipts, 17,000 head; calves, receipts, 3,000 head. Fed steers and yearlings steady to 25 lower, mostly steady on steers early, with light yearlings weak to 25 off; best fed steers, 15.00; fat she stock tending lower. Slaughter classes: Steers, good and choice, 1,300-1,500 pounds, 1325 to 15.50; 1,100-1,300 pounds, 13.00 to 16.00; 950-1,100 pounds, 13.00 to 16.00; com- mon and medium, 85 pounds up, 8.75 to 13.00; fed yearlings, good and choice, 750-950 nds, 13.00 to 16.00. Helfers, m‘lw choice, 850 pounds down, 12.00 9.00; Vealers (milk fed), good and choice, 10.75 to 15.50; medium, 9.50 to_10.7 | cull and common, 7.00 to 9.50. Stocker and feeder steers, good choice, all | weights, 10.50 to 11.75; Rommon and ' medium, 8.00 o 10.75, READ IT IN THE BOOKS By the Associated Press. crop of stock market fans had a good opportunity to judge between the merits of “book larnin' " and the erudition ac- quired in the school of experience. During the year the demand for books |on investments rose to a height only equaled by the best sellers, according to the American Library Assoclation. Boston read “with a purpose” more than any other city in the country. Its inhabitants bought 20,000 “Reading With a Purpose” courses during the year. Chicago took second place in this specles of determined upward and on- ward movement, and works on psychol- | ogy led the list for these readers. FOREIGN EXCHANGE. (Quotations furnished by W. 8. Hibbs & Co.) Nominal goid Selling checks value (or bar). 34.8665 Eighty-two aviation companles sold $248,200,000 worth of securities to the public during the 12 months ending last August 31, says a statement issued by Alr Investors, Inc, WASHINGTON, D. C, MONDAY, FEBRUARY 1i; BONDS IRREEULAR | o sonx BONDS ok scmer IN QUIET MARKET Prime Group Shows Gains, but Remainder of List Lacks Trend. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, February 17.—Bonds had an uncertain appearance today, with gains just apout offsetting losses in listless trading. The market was still | under the depressing influence of the large amount of new bond issues brought out last week. Today no new issues were put out, and those in preparation will bably be put off for a week or so if the heaviness continues. ‘The prime group had gains in Ca- nadian National Ss, St. Louis-San Francisco “A” 4s, Union Pacific first 4s, Inland Steel 428 and Western Union 5s (1951), and losses in Atchison Gen- eral 4s, Philadelphia Co. 5s, American ‘Telephone 5s (1965), and most of the United States Government issues. Treasury 4s were off 12-32 in a single sale. Most Liberty and Treasury bonds are closer to their low levels for the year than to their best prices. Dullness in stocks had its reflection in a lower range of prices in con- vertible bonds. American International 5128, Atchison 4!3s, American Tele- phone 4135, International Telephone 4l9s and Texas Corporation 5s were all lower., American I. G. Chemical 5s were active and advanced a point. St. Paul Adjustments were the most active of the second grade rail issues. They improved a fraction. Florida East Coast 5s were nearly 2 points higher and at their best price for the year. Southern Rallroad Gen- eral 4s also gained, but there were losses | in Chicago and Eastern Illinois 5s, Rock | Island 4':s, Denver & Rio Grande Western 5s, Erie Refunding 5s, Inter- national Great Northern Adjustments, Missouri-Pacific 4s, Seahoard Air Line 6s, Atlantic Gulf & West Indies 5s and Buffalo, Rochester & Pittsburgh 4155 Last week's rumors on the street that Denver & Rio Grande Western was shortly to pay the 25 per cent accumu- lated back interest on the 5 per cent bonds, which started an upward swing, was countered by a denial report today and the issue was off a point. Irregularity characterized the for- eign department, but there were enough advances to indicate some measure of support. Brisbane 55 (1957) and other Australian loans were weak, The completion of arrangements for a 300,000,000-franc loan in France for the Central Agriculture Credit Bank of lsolnldllnd resulted in firmness in Finnish nds. Washington siock Exchange | SALES. Mer;czl;‘v\u‘ Transfer & Storage pfd.—10 at 9915, National Mige. & Inv. pfd.—500 at 473, 300 at 475, AFTER CALL. Washington Rwy. & Elec. pfd.—10 at 96, Potomac Joint Stock Land Bank 55— $2,000 at 93. ‘Washington Gas 65 B—$500 at 10. Washington Gas Light—6 at 110. Bid and Asked Prices. BONDS. STOCK MARKET STUDENTS | CHICAGO, February 17.—The 1929 Th { Washington Gas Li N. & W. Steam Washington Mechanics. . PUBLIC UTILITY. D. Pot.Joint Stock Ld, W. M. Cold Storage 8. h’ Cona. Title 6s. STOCKS. PUBLIC UTILITY. Amer. Tel. & Telgs.. Capital Traction Co | ggs . cond .. . Nationai Bank of Washingion TRUST COMPANY. American Security & Trust Ce Continental Trust Merchants’ Bank.'. . National Savings & Ti Utdon Trust......... hington Loan & Tri SAVINGS BANK. Potom Becurity Seventh United States Savings' & ‘Commercial Street 30! FIRE INSURANC! Estate Title. . & Inv. Co. of Woodware *Ex dividend. MARYLAND TOBACCO SALES. | BALTIMORE, February 17 (Special) —Both receipts and sales of Maryland leaf tobacco continue light, the former totaling 58 hogsheads last week, while sales of 40 hogsheads were reported, leaving a stock in the State tobacco warehouses of 4,771 hogsheads and 252 hogsheads of ground leaves. ‘The demand is only fair for new crop tobaccos, which continue to show mostly thick, heavy-bodied leaf and in many cases uncertain keeping condition. Quotations today for Maryland leat tobacco per 100 pounds: Inferior, 7.00a 12,00; sound common, 13.00a20.00; good common, 21.00a30.00; medium, 31.00a40.00; to fine red, 41.00a 51.00; fancy, 51.50a52.00; seconds, com- mon to common, 7.20; . medium, 21.00a30.00; to fine, 31.00a40.00; upper country burley nominal; ground leaves, 6.00a24.00. . Gold Shipment. NEW YORK, February 17 (#).—Wall Street was advised today that $10,000,000 in gold had been shipped from Spain to London over the week end, and that the shipment represented a balance of mo.lvm‘l‘.ogo d'lh:s dn';) Spanish 'llllhok\;- ies had decide export for the support of the pesela, Received by Private Wire Direct to The Star 1930. UNITED STATES. (Sales are in $1.000.) ° Lib3y Lib1st4y Lib 4th 43 US3%hs 43.. US3%s US4si044.., US4y 62... 10 50 Sales. High. 5 992 . 21 10024 722 1013 99 15 99 19 53 106 20 22 110 20 1011 FOREIGN. Sales. H } Arpentine May Argentine 5%s 62.. Argentine 6sJu 69, Argentine 6s Oct 59 Argentine 6s A Argentine 6s B. ... Australia 4358 66. . Australia 53 1955. . Australia 5s 1957.. Belgium 7s 1955. .. Belgium 78 1956. .. Belgium 7%s Belgium 8s. Bolivar 78 58 Bollvia Bolivia Borde: Brazil 6148 Brazil 615 Brazil 8s. Bremen State Canada 531931 Canada 58 1952 Chile 63 60. Chile 65 61. Christian! Danish Munie 8s A. Danish Munic 83 B Denmark 5%s Denmark Flat Ts ex war 46., Finland s £ 6s 45... Finland 7s... French 7% German Bank 6s°3. German EI P 6% German 7s. Ger Gen Elec T Greek 65 1963... 6% Jugoslavia Bank 7s Karstadt 6s 1943 Kreuger&To'l 68 Lyons Margellle 6s. Mex 45 1904 asnd Orlent dev 6% 68 Orient Dev'mt Peru 63 1960. Peru 63 1961. Peru 7 Poland 6s 40. Poland 7s (rets).. Rhine Wst EP Rhine West 6 Rio Gr do Sul Rio de Janeiro 8%s Rome 634s. Sao Paulo 851936.. Sao Paulo 1950 Saxon (PW) 7s. Seline 78 42. Serbs Cr Slo* Serba Crot Slo ‘Toho El Pow 6s 32 Toho El Pow Toklo 5% s 1961 Utd Kingm 5%s 37, Uruguay 65 1960... Uruguay Vienna 6s 5: 94 103% 10724 11t 108 116% Low. 99 2 10023 100 23 1011 9915 9915 9918 9918 10615 106 15 11015 11015 1eh. " Close. 992 Low Close. 97 103 107% T10% 107% 115% 110% 3% 1031 6% 6 R4 964 101 100 107 #81 o 101 7615 9974 91% 100 4 110 110 4 109 109 9% 1004 o 104% 92 07% 9914 106% 114% 121 £9% o 8114 K74 88 94 103 107% 11 108 116% 7 B4 #6% 101 100 103% RO R 101 g 96% 9 09 91ty 100% 104% 7, 100 10615 114% 1211 W 102% 103% 5 10315 96 12% 90% 85 103 102% B8R 7% 103% 101% 104% 96 107% 86% 6% 96 MISCELLANEOUS. Abitibl Pa&P 5s'53. 10 Abram&Straus 5%e 5 Alleghany 68 49.... 11 Allis Chalmrs b3 37 Am Chain 6s33.... AmChem 6%s av 49 33 Am Cotton O11 bs. .. Am Int Cor 6% 849 .29 Am NatGas6%s43 3 Am Sugar Ref 6s.. 12 Am T&T cv 414 n 391146 Am Tel&Teleg 5565205 AmT& Teltr Armour&Co 4%s 39 Armour Del 5% Assoclated Oll 6s. . Atl Guif 65 69 Bell Tel Pa 53 B. Bethlehm Stl pm Beth Steel rf 6s. Bklyn Edison Bush Term Blag 68 Certn-Td 5% s rets H BB uriRoag mmmrn - o Den Gas bs. Det Edison 53 40. Det Edison Dodge 6s. Humble O& R 6%s 111 Bell Tel 68 111 Steel 4348 40 Inland Stl'4%s Intl Cement Intl Match 68 47... Inter Paper Int Tel & Tel 4 11 Int Tel&Tel 4348 0172 Intl Tel&Tel bs ‘65, 122 KanCity P& Lt6s, 8 1 aRnkKe GROARBRS - S amme Loew's 63 w o war. Lorillard 6s. Lorillard 5 4. a4 . Lou Gas & EI 58 63. Manat! Sugar 7% McC'rmick BR Midvale Steel Montana Pw deb bs. Nat Dairy 6% New England 8315 99 101% % 100% 104% 100% 102% 81 100% 108% 112% 991 106% 110% 100% 100 10014 998, 94y 73% 103% 148% 831 85 101 108 964 108 108% 91% 100% 101% 104% 100% 102 85% 98% 99% 6%, 103% 124 90% 6% 6% 23% 89% 924 89% 103% 104% s 104% 96y 107 834% 99 T4% 1034 1524 101 03 101w 105% 100% 80 #9 5714 954 83 99% 1 10 07% a1y 86 89% 121% 96% 100% 854 101% 100% Sales. 1 8 18 3 1" Nor Ohfo Tr&IL Nor States Pow Pacific Gas & EI 5s. PacT & T 1st bs. PacT & T 5352 Pan Amer Pete 6s. . | Paramount 12 1 Phillips Petro 6. Pillsbury F M 6843 Plerce Oil deb 8s. ... Por Ric Am Tob 6s. Postal Tel & C %8 Pub Serv G 4345 67 Pure Ol 5%8 37, .. Remington Ar s 3 Rem Rnd 5% war.. Richfield Of1 68 44. ., Sinelair O11 Stand OfI N J 48 Stand OIIN Y 4 Tenn Cop 6s B 44... Tenn ElecPowés 47 Tex Corp cv 53 1944110 Transcont] Ol 6% s United Drug 65 63. . U S Rub 1st rf 68 U S Rub 73%s. Utah Pow & Lt bs. . Utilities Pow 5% 8 6 5 3 3 1 0 4 6 3 ] 4 1 6 FINAN High 100% 100% 101% 102 101% RAILROAD. Ala Gt Sou 45 1943, Atchison ad) 4s. Atchison gen 4s. Atch deb 448 43. .. AtlantieCL 4%s 64 Balto&Ohio gold 4s. . 1 Bang & Aroos 4 Brdway & 7th Av bs. Boston & Maine 6! Bkiyn Elev. 6% Bklyn Manha A Bklyn Un El 55 50. . Buff R & Pitts 4%s. Can Nat 4% Can Nat 4% Can Pacific otfs bs. CarClin& O 6s62.. Cent of Ga 59 9 CMIPLPI“MI' 3 32 ChiN W 4392037, NW 10 Chia: %s 91 Chi Union Sta 53 44 10 Chi Union Sta 6 % 6 Den & Rio G en DRG & Wst bs bl DRG& Wsi Erie Genessee Rs 6s 1 Fla EastC Gr Trunk st db Hav El Ry 5%s61.. Hud & Man a) 5 Int RysCA6sdl.. Int RysC A 63sret . Kan City Term 4 Leh! Valen Long 1s deb 5 Long Is deb bs . 003 Louls & Louls & Na Man Ry 1stds Market St 7s 40 Mill El Ry&Lt 4 %8 MilEl Ry & L 58 51 Mil El Ry & L 68 61 MStP&SSM 6s gtd. M St P&ASSM 6% NY NH&H ev d TSP Y S PP M Buamonula Nor & S gen 65 64. Nor Pao 3s 2037 Nor Pacrf Ogden & Lake Ch 43 Ore Wash 1t 48 na 45 1948 Penna con Port RL &P 6s 42. Port RL&P T8 46 Reading gen ¢ ReadingJ C R RIArk&L4%s StL IM&S R&G ¢». 20XLeRBCN 0ERS BmAIIDBD A ~a = 84% 92, 139% 97" 9214 99% 102 101% 103% (CHANGE. Office C Low. Close. 100% 100% 9% 101% 101% 103% 10214 99 o 1013 | 10 0% 1% TAE? Special Dispatch to The Star. BALTIMORE, Md., February 17.— Potatoes, white, 100-pound sacks. 2.25¢ 3.00; sweet potatoes, barrel, 1.75a2.75; yams, barrel, 1.75a2.50; beets, basket 2.00a2.25; cabbage. hamper, 75a1.00; carrots, 100 pounds, 3.00a4.00: cauli« flower, crate, 1.25al celery, crate 2.00a3.25; lettuce, crate, 2.00a2,75; kaly barrel, 1.25a1.75; il 100 pounds 1.50a1.75: peppers, 4.00a7.00{ bushel, 2.50a3.00; parsnips, 40a50; spinach, bushel, 50a1.: uash, bushel, 4.00a4.50; ¥ crate, 2.50a6.00; turnips, hamper, 25435 apples, bushel, 60a2.75; cranberries, 5.00a5.50; grapefruit, box, 2.50a4. oranges. box, 2.10a4.50; tangerines, box, 11.25a3.50; strawberries, quart, 40a60. Dairy Market, Poultry, alive—Turkeys, pound, 32a37; old toms, 22a26; Spring chickens, 28a32; Leghorns, 19a25; old roosters, 17a18; 100% | capons, 30a36; ducks, 17a30; old hens 10 o o 9; 10: 10. 1% T 4 2 2 4%, 4 102% 5% 100% 106% 10074 106% 10175, 99% 100% 65 112% 78 887% 928 100% 9815 981 102% 1084 % 100% 106% 961 88% 9% 101% 95 60% 5% 0% BO% 102% 98% 105% 964 884 89% 101% 94% 60% 5 703 RO 3 M un 'y , | sarlicky, no quotations. 25a26; Leghorns, 17a24; guinea fowls each, 45a70; pigeons, pair, 25a30. Eggs—Receipts, 602 cases; ncarby firsts, dozen, 42a43: pullets, 35; hen. nery, white firsts, 4 culls and dirty cggs. 25a30. Butter—Good and fancy creamery, pound, 34a3815; ladles, 31a32; packed, 20a21; rolls, 25a28; 33a34, Live Stock Market. | Cattle—Receipts, 500 head; moderaty supply; market steady. Steers—Choice to prime, none; good to choice, 12,50 to 13.00; medium ta d, 11.50 to 12.50; fair to medium 1 gooy 110.50 to 11.50; plain to fair, 9.50 te 10.50; common to plain, 8.00 to 9.00. Bulls—Choice to price, none; goo¢ to choice, none; medium te 5t to 9.25; fair to medium, 8.00 to 8.50; plain to fair, 7.50 to 8.00; common te plain, 7.00 to 7.50. Cows—Choice to prime, none; good to choice, none; medium to good, 8.0¢ k; ‘850“.’ }ll‘r tgsanet:lum, 7.00 to 8.00; plain air, 5. 6.50; common pl:linl.‘l.oo é‘i\ f;.flfl. " elfers—Choice to prime, none; good to choice, 10.00 to 11.00; medlun‘n tq good, 9.00 to 10.00; fair to medium, 8.00 to 9.00; plain to fair, 7.00 to 8.00; common to plain, 6.00 to 7.00. Fresh cows and Egrlnnrs, none. i I';‘):eep nlld lnmbs—k s u“,pu, 650 head; supply; market steady; sheep, 2.00 | to 6.50; {Imbl‘ 7.00 to 13.00. 5 | Calves—Receipts, 350 head: moderate :g%%ly; market steady; calves, 7.00 tc Hay and Grain Prices. Wheat—No. 2 red Winter, spot, 1 No. 2 red Winter garlicky, spot. 1.18° February, 1.18; March, 1.18%; No. 3, Corn—No. 2 domestic, 98a99; cob corn, new, Oats—No. 2 yellow, new, hite, * domeet spot, wi 2 lomestic, 512; No. 3 white, domestic, spot, a. Rye—Nearby, 90a95. Hay—Receipts, none: general hay market is quiet; some little hay is arriv- but hardly enough upon which to otations by grades. Better grades of timothy and clover mixed are selling from 15.00a18.00 per ton, accord- ing to quality and condition, receipts by truck supplying most requirements. Straw—Wheat, No. 1, per ton, 9.00a 00a10. Tex & Pac 53 B 1977 Third Ave ref Third Ave adj 5 90% | Tol Tr L&P 5% s 30 9 104 5% Ulster & Del 4s 52. . Ulstr&Del bs 28 sta Union Pac 1st Union Pac 45 68 Virginia Rv 1st b8, Va Southwn con b Whash 4%s 78 rets Wabash 1st §s. Wabash 24 5 Whbash 58 76 B. STOCKS TRADED Stocks, bonds and mort- gages traded on attrace tive real estate invest- ments with safety, yield and growth. J. P. QUARLES Doniphan Bldg., Alexandria, Va. Phone Alexandria 767 Bividend Ne. 17 Dividend Beries Proferred Stock— 14 per share. i Dividend Ne. ¢ #5 Dividend Beries Preferred Steck—$1.28 share, payable March 15, 1930, o iders of record February 18, 1930. M. C. O'KEEFFE, Secretary. February 14, 1930, First Mortgages Safe—Conservative Make your savings 49 Voot and surplus funds work for you at Expcrience in tinane the highest inter- » - f these se- ent with absolute N curities. Wm. H. Saunders Co. Inc. REALTORS Dist. 1015 House Heating Division National 8280