Evening Star Newspaper, March 4, 1930, Page 14

A—14 F*% FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, TUESDAY, MARCH 4, 1930. FINANCIAL, GROGERY PRICES NEW YORK STOCK EXCHANGE | |PLENTIFUL MONEY | [oxsev sou BONDS oz memwce] [RETALERS BUYING Recelved by Private Wire Direct t- The Star Office. (Con! Page -Prev. Stocl les— Prev. Sales. High. Low. Close. i ___dnued__flnfl‘ - s High Low ~ Dividend Rate. Add 00, Hien. . GIVES BUNDS BUUST o et No Am Ea by aez. 19 1014 101" 100 RESERVE REP“R 2 Second Natl Inv 1 204 T, % ..:(!ql- ’"9’;:- . Close. Nor Ohfo Tri . % 98 Stock and Prev. - 9% . Nor States Pow 101% 101 101% Low. dend Rate. _ Add 00. High. Low. Close. Close. 27 § 28 ue.e?:;l'ra:uy-’giu. 28% 28% 28y 22% - s 9:3} ¥ , 55 2}; }g{ }1 e :3;‘/, :X;v. s Drops in Raw Commodities on Mormiyre bom iy g S ey : | Anticipated Bank Rate Cuts % S e 108 1035 Wholesalers” Business Pic Y 3 4% | 233, Shell Union (1.40).., 12 L . 3 3 3 . : 3 b 18 107 14 10712 10713 Reflected in Cuts to Ulti- " 3 00 Shell Un ol pf (53%)’ . 1 101 Have Little Effect on 1428 0015 | Paramount es 194 100w 1004 | jng Up Well—Confidence 16 15 3 Phila Co 6s 6' 9814 + mate Consumer. 814 81k 81% Som Heie il : _ Market Today. e Phita & Read 6 97 97 Chief Need of Industry. 371 Macy(RH) &Co(n2) 3 150% 146% 1461 1. Sinclair Con O1) (2) 5 9% % | Phillips Petro 6% 9l 911 2% 45 Magma Copper (6).. 481 48l 4814 09 Sinclair Ofl pf (8). 97% 9714 | Plerce Ofl deb 8s 31 106 106 2 SRR - 4 Maliinson & Co. . 16 10% 9% 10 Skelly Ofl (2). .evn 3 3 0 BY F. H. RI Scgonia 9Ty Plllsbury F' M 6s'43. 104% 1043 BY J. C. BY JOHN A. CRONE. ety hedondy 26% 265 Iy 9 31 30 30 H. RICHARDSON. Argentine 6s Oct 69 1 7 C. ROYLE. 6 1 94 94 4 . 2..001 92y g : Retall houses have begun to buy. i il o0 90w hse. Ry v 6% 34% 5% | Special Dispatch to.The star. Argentine 514n 6 - H 93% a4 3 NEW YORK, March 4—With the 30% Man Elev mod (d5).. 36 6 S0 s BasS Bt b 3 25 2 e FORK, March 4—Better grade | 47530010 02 8 ‘9 4 PubServGa%s'er 5 9tu 96y g6y | ’iui‘?‘:&‘n“&?"’é‘é"’m’ e B bulls and bears battling in the wheat R e iamy s ) 63% 3 Southern Cal 5 (2). 61% 6 o g e firangly today under Australin e85 2 PNt e 100 106 |Board on wholesale trade issued today. pit and around the cotton ring, the de- 17 Market St Ry pr pf.. : e AL v money is plentiful at 5 per cent up to | Australia 63 1955.. 18 " 85u | Rem Rna 6% war R e P LT cline in commodity prices and conse- 20% Marmon Motor (1).. badopspeiolped ot S8 4 123 12 months. Only recently the rate for | Australia s 1957 S 00 10 Ny ey hows Wneger in quently in the cost of living naturally 373 Mathieson Alkili (2). Bouthen Hwy (e, 2 13 time money up to 6 months was lowered | AUStria Sinclatr O11 100 1004 100 | Fecent ";9};”““"1_;3‘”9 i is becoming as lively a topic of conver- 49 May Dept Strs (n2).. Sou Ry M & O ct (4). to 414-43, per cent, Bank of Chile 83, 4 | Sinclatr O 101 100% 101 fflf"u of . lcmw'"rilm“ g sation as base ball prospects, golf scores 16% Maytag Co (12). Bharky Wihaptaci), p 21% While both New York and London | Bank of Chile 6% it D 100 101 1014 | o oM and Erocetiss: . Agticulomras b and the heavyweight championships. 29% Maytag Co pf (3)...- 3 o MO oY 9 are anticipating bank rate reductions | Belgtum & S04 90 SE L e & ihe Uthed e ‘Although 35 out of 39 staple world 76 Maytag Co lst pf(6). Spencer Keig (1.60). ;| In the near future, this had little to do | Belgium 63 i oo 1ok oo ihowed gain of 38 per cent commodities or the raw or crude class 26% Melville Shy Spicer Mfg. .. o R i B2 Wwith today's advance. Probably it was | Belgtum 7s 1955. Stand OIINJ 46.... 4 102% 102% 102% 8! per cent as com- 2)...0 4 6 . ed with the closing weeks of 1929, show declines when compared with 154 Mengel Company (2) 20 Splegel-May-St (3) more attributable to the fact that Belgium 7s 19| Tenn Cop 65 B 44 00 Fer i o ot h e AMSE BT, 8 Mengel Copf (1) that bonds glum n Cop 1 100 100 & 8 d & gain of 18 per cent as compared 1% Stand Brands (1%) ; are actually selling at low levels, and | Belgium 73, 5% | Tenn ElecPs 106%% 106% 106% | o tock: the retail prices of such articles have | 25% 23% Metro Gold pf (1.89). 25 4 % 5 Stand Com Tob (1).. 1 7 s | that the slightest ease from the pres- % | Tex Corp ev 101 100% 100% :zm:uthfin'a:"{nw&ee“n:‘ 230.‘ sml . come down, in many instances, so 164 Mexican Seaboard. .. 3 : Stand Gas & El (3%) 62 123% 120% 20% | sure of new offerings permits a gain. 9 Transcontl O1l 6%8 1 97% 974 97% | are low R gradually that the ultimate consumer 26% Miami Copper (4). Stand G & Epf (4).. 65 60 However, junior railroad issues were 92% 92% Onitea Dri The significance of this report of has barely noticed the reduction. 53 Michigan Stel (34). ¢ el Stand Invest Corp. " 1 13, | 8, weak feature. ~Although the _poor 1037103% 108 TR RIS W e M N Nl Rt 1 LT West of Pitisburgh and west o } ¢ Stand O of Cal (234). 60% 59% B9% B9Y%| showing made by the railroads in Janu. T 1T USRubT : that the buying by retailers indicates ity the situation seems to be 1 Middle Stat - 1 1 Stand Ol Exp pf (6). 1 997% 101 ary had previously been o 5 7% v ub 734, 100% 100% fha"Same a5 i regions east of Phila- o MilnasteslProd.D. 4 43 48" 4k : Stand O NJ (1) 424 62 2., | counted, evidently’ there was- st ‘some 5 ae Dillitien Fow 635 Ct el e Gl Gelphin mAmely, iing tor the jesd | 110 108 ' Mil El RyaLt pi(s), 0s 108 107 108" 108 9 2% 32% 32% 32%| liquidation due from this source, eope: 9614 215 » 2 « 45 |cially since it appears that Februar: War Quinland 6s'39 2 84 84 84 Confidence, according to Treasury i Teducing retail prices. & 2 i ; G | FCRoTts Will show further decreases' iy 1035 tome Warner Sug7s39.. 1 48% 484 48%|officlals, is all that the country needs b b s rail ea s. et May Mean Better Merchandise. 1105% 105 105 105% 2 Sterling Sec pf(1.20) 3 18 - Sterling Sec A %0 :.ll.naElen [ 12 102% 102 102% u: putt!}z‘\:alnex:s on an equal or higher 1105 5 5 % i A : b estn Unfon 6361, 30 101% 101 101 | plane n was a year , When E. G. Yonker of Washington, head of | .93 m:g::l;:flfl:--s- fi 125:: 1% lgzw 9234 36% Sterling Seocvpf(3) 4 4 . 417 Thrown on Market. 9‘;, . Westn Union 614s.. 1 108% 108% 108% | new records were bex’}mz e‘e‘!—:‘)“shed- a large grocery chain, points out that MOMRWKC MY ). 5 2h Shk Bok Lrh| ). 5% 96K 90% | (o oo ilg 55 were thrown on|Golombla 66 Tan i, 15 You ol g s R R L T . e e iee s {0 35 Monteomey Wrd (). 456 (T 464 i Studebaker Co (6)... 30 a2t Als 42 42| gio, O4TEet ocay in quantities s e L A 0on Motor: . 4 i 53 Sun Ol (11)..0ee 2 56% 66 6 the year. Other i Tt g:"i;;:':fi‘em?géffismfi;&e'? ".Zief,“{‘fiix‘ 3 : aan i L S UMD O |ithak };’(fld’ed metmm;'{‘e‘;sé?e.‘sfre%fié Coachensibis capital_moving, which makes " them 0" Motor Products (2).: s Western: B Erie eopand fio. Grande | C0chC 82 1952, watch slolw-x:glvclgg l‘:ecg n’:!m“am u’]’ 2 f:h :owr Vgn::; ;n. 2 3 3 2 Symington (A). ternational Great Northern Adjust- | Danish Munie buy direct, b plas urrayCor (b2 % stk. 05 Telauto Cp (11.25) 3 ments, Missouri-Pacific 515s, St. Louis- | Denmark 4 3 sty Tiere Dave riiiosd it sttt o o ' Tenn Cop & Ch (1. p San Francisco 4!5s, Southern Railway ain s 49% Nash Motors (6). 2 R Teans Corp 8) 3 2% 53 general 4s, Western Maryland 4s, and price of coffee, butter, eggs, flour, bread | 350 Jyi0 N22T /00T S6)- - s X R e 1% | Boston and Maine Bs. d and tea. M“‘“h"‘.*’k"‘:&‘a‘}‘s“c’m % 11 Natl Air Tran ' Tex P C& O (b10% ). : In the more speculative group of in- Lamb is quoted this weel e 9% Natl Bella Hess (31). 14 6% 18% Texas Pac Land To. . 2 4 6n 16's | dustrial, ol and traction bonds, ir.| At T8ex war4s.. a pound below its quotation a year 177 Natl Biseult (7). 21115 20814 Thatcher M{g (1.60). 2 2 24 23% | regularity was the keynote. Sizeablé ad- | Limiand s 6s45... ago. . 71 Nat Bisn (p2.80) 6 B5Y 8314 2 5% The FAIF (2.40). ... .. 284 i vances were recorded in Fisk 8s, Pathe 4 Some canned fruits -y\d \el;fl les 142% Natl Biscuit pf (7. % 143% 143% 142% 36's ThompsonJ R (3.60) 3 4 7s, International Mercantile Marine 6s, are a little hmha.mhr]m;veréllm:l;n ‘: 3% 2% N 4% 78 3 3% Thompsn Prod(2.40) 3 86 3 E 8 Sinclair Oil 6s, Brooklyn-Manhattan year ago. These 'i\:‘ % S oarh - 2 49 Thompson Starrett,, 2 12 % 12 Transit 6s, Hudson-Manhattan refund- products, which were tl y poa ly " 22 B Thomp-Star pf(31s). 2 2 2 2 ing 5s, and Third Avenue 5s. There |German Bank 6s°s frost last year. In this line are 2 Nat Distillers (2)..u 37 Tide Water Asso 6uc. 5 were small losses in Certainteed 5145, | German E1P 6 fruits and vegetables. Standard qual- 137 National Lead ({8) 176 Tide Water Oil (80c). 21 New York Telephone 415s, Armour of ity goods, such as corn, peas and to- 138% NatlLead pfA (1).o 139% ‘Timken Det AX 1500 6 6 6 Delaware 5l5s, Goodyear 5s and U. S. matoes, are a trifie lower, but extra 82 Natl Pwr&Lt(1). Timken Roller (3) T6% 4 | Rubber 5s. .National Dairy Products 5Y,s fancy brands of these vegetables as 1% Natl Radiator. . ‘Tobacco Products. % and Dodge Brothers 6s were both frac- well as asparagus and similar fancy 1 Natl Rys Mex 2d pt.. Tobacco Products tionally higher. goods are somewhat higher. 102 Natl Supply (5) Transcontinental Of 5 8 “| Among the high-grade descriptions Out where the W st begins the prices 70% Natl Surety (5) Transue & W 41) 2 6 | the rising tendency was more general. of everyday table necessities are mov- N Trico Prod (2%).... E 39 3814 | Atchison general 4s, Baltimore & Ohio Truscon Stl (g1.20) 3 33 83 | first 45, Canadian National 5s, Penn- Twin City Rp T (4) 44 2 26 sylvania general 4l4s, Union Pacific | Jugoslavia Bank 7s Und-Ell-Fisher (6 3 129% first 45, Inlaid Steel 4145, General Mo- | Karstadt 63 1943. .. Union Bag & Paper. . 5% % la% 15 | tors acceptance 6s and Western Union | Kreuger&To'l s ot. Union Carbide 12.60) % 2 Yo% 93 |58 (1951) made gains. Convertible | Lyons Union Oil of Cal (32) 3 43k 43 | bonds were strong. United States Gov- [ oo o 2 ernment obligations gained all along | Martelle s .- - the line under heavy buying. Most | \eX 43 1904 asn issues were close to their high prices of the year. 9100 100 1 among Treasury officials as to the out- : 9 961 | Win Repeat Ar714s 4 100% 100 100 |look, but the executives in the highest 96% 9 100 | YoungstnS& T 6s. 23 101% 101 101% | positions feel extremely optimistic. 100 H One domihant figure in the Treasury L A RAILROAD. Department said he was_certain that 1004 109 5 90% 90 |the depression and crash in stocks 109 109 109 n 33 931 | would not even have a marked de- 9214 91% [ Atch deb 4145 43, 35 135 |pressing effect on the total of income 101 100% 101 |Atlantie C L 1st 4 4 92% 92%|taxes whicH will become due in 12 104% 104'% 104% 9% 924 days. He declared that with most peo- 101% 101% 101% ns'/‘ 9;,; ple these losses were paper losses. 99 o 924 101% 101% | . If they did not have a big market Lol ol . ont 1osi: | and see quotations every day, most of bt S 1% 1oas. | them would not have known that they p . 1o 1057 [ had lost money,” he said. 103 107 ve 10%:| Not all the Treasury officials agree % 116 102% 102 B 95" 'gs " | With this view, but the fact that a man 121% 121% R > |in a position to judge accurately ex- 89 bty presses the belief that income taxes will 92 R s vy not be materially lowered may be taken % BRiya Manbat be, . o which e S 4 saiering 868 g rom whicl e _country €] s Buft R & Pitts 43§ mental and not financial, 101% Can Nat 4% Confidence is being reflected also by o Can Nat 4% the reports of the national business sur- 101's 101% | vey conference. This body reports that 115 115 |the advertising appropriations of firms 4 110% 110% | engaged in Nation-wide distribution are 108% 837% 837% | substantially in excess of those avallable K 98% 98% at this time in 1929, The conference 7 101% 101% | adds that machinery orders have been 95% 3 % | placed so freely that more employes are 104 R on the pay rolls today than a year ago. 108% Expansion in Building. 124 : The volume of structural steel being e of the 24 expansion of g v % 102% 102% | construction. That is the one industry 85% 97" gg . |which economists are most anxious to 85% 85 105% 105% | See active, since it in turn affects di- % "951 9514 | Tectly so mony other producers. ChI&E 11l gn 63 61 + 73% 73w | The actual contracts let for heavy ntarwatatey. 65 65 |construction since the first of the e o T 108 while they are well under those for 1929, CM&St P Gen 8. 8414 8414 | SHOW & steady upward gain in aggregate SZarmwn ponton memnSheanns a0 Snmane e O ANDRNDON NNWB NP POERD AN HB®D 9874 4Y 9614 romos Newton Steel (3) 44% N Y Atrbrake (3.60) . been made at the rate of 1 or 2 cents 167 N Y Central (8) at a time. In some commodities there have been five price reductions since last October. “Consumers are receiving the full benefit of the decline in commodity prices,” William H. Alberts, president g( R A LT e et O T the decline in the cost of living. “Con- e sumers are taking full advantage of 100% North Am £d pf (6). those staple items which have been re- 84 Northern Pac ‘."“ duced most in price. This sort of buy- g ket o TS ing enables consumérs to purchase the % Norwal Ao S - Utd Bis 1t 11.60) e 5 ;s Buying for Foreign Account. Utd Clgar Stores, ... A considerable volume of purchasing United Cigar Strs pf.240s for foreign account added to the mod- Utd Corporation 216 erate buying for domestic investment Ut Corppt ). 1 i pushed forelgn dollar credits _higher. rc yewood pi - 408 50 5 South American and French bonds were most volume for their money." }lg’/- 8’.};:',‘:‘,;':‘;“"‘:" A 0 United Elec Coal.... 4 most active, Orfent dev 5% B it M Pa S 91% 921, | value. This has been especially marked Butter Much Cheaper. 31% Olivr FrEqevpt(3). 18 445 b D Sou Sw Sva ¥ | e fmarket trend indicates, dealers | Oricnt Tovmt & CMSP&Pac ad Gt R R L B R -20), g 4 “ 3 e Unf uThe blagest reductions in the Middie 2% Omnibus Corp. BN aK an 4| by Utd Gas & Lm pt (6).. 1 : financing due on March 15 will likery | Paris-Ly-Med & Chi & N W con 4%s 99% 99% | showed $32,754,000 devoted to commer~ ¥t S i SRR % T, SUBINESIT o, iomien, | T bEReety 1 I B D st e e 1 vl ey | e oy oy : ‘ i certificates of ind 3 % 100% 100% s 1,1929; eges, which are 20 cents a dozen | 64% 52 PacifieGas& B (2).. 12 : : 2 United Stores A % 8 from . §350,000,000. to. $400,000.008 "oh | 3 ton, £12,213,000, and road bulldinig, $3. ee;‘rr'e‘r. lmpcund , whicl wn 95% 7% m::n 'G:l‘:::a:: 3. lg 3%;:0:-- bpt. > ! expected to be issued, r Peru 6s 1961, 89 |338,000. Corporations report increased Thie Dareratags b Baliok bl kR c i % Stribuling. ... 5 18% 17 8% 1 New offerings today totaled about | PeruTs:... 9 96% 96% | success in the securing of new capital prices on some of the leading staples 108 5 35;::::‘;‘57“". ! ; | S fo00 apart from the American | Pirelt, Y 4 fh e | S EDAE A s S e ek *|and forelgn power $50,000,000 iss: ° ¢ Tolows:Drica beac. 23 pes couts Bt 515 macams Ferruiene 1 B i s 5| 5 amnoubcel” Monday and. publcy i : * 10 fer, 30 per ccnt; egas, 40 per cent: cof- s Damam a1 : 1 th 2 17 16 fered today. The latter was admitted | DO18n¢, 1o - 9 : 107% 107 INFLATION CHARGED fee, 32 per cent for popular-priced brands 48% Paramount-F-L ()., 62 ;! 3 328 305 u2% 307 | L0 rading on the Curb Exchange and | i an per cent for s S rmerrnBerneRmabhenbEernen s » B o et T o oo | e s Bk beiere s oo . §8- 58 et Giiad : mi i IN UTILITY VALUES and 95% 95% dried fruit, 15 per cent. 17% Parmelee Trans 1% v 3 o 2 3 Y i Rhinelbe Un 7s....: Be S e el I - e ' | b S aviRataih 48, 8 m 3 |Weshinglen Stoek Exaliangs D muasueiti e a0 53| Depiy Goumal Avachs Marsland l , have n quick to 5 e Exchange A. ° b2 Smelt Ref pt 8% . 4 5% 52 2 2 fo I 44 reduce grocery quotations. Thus a sur- 28% Patino Mines (3.89) 6 U S Steel (7) 2 23 Potor = S. g‘lflH“‘ 1830 1003 1003; | People’s: Counsel Attacks Mary vey of leading department stores here 6% Peerless Motor Car., 2 12 27 U S Steel pt 2 : Potomac Electric 6% pfd— at 1113, : 9 Den& RioG en e Merger Plan Before the ows & out of 1 cent & pound I Sugar. - U S Tobacco (4) -+ - Pbde;:l. erican Nat. Bank—4 at 288, | R1o Gr do Sul 6s 48. RG& wl! - B 958 State’ Comminslon. ;2 cents in oofltggn and 15 ctet:‘?i u:‘; D?I 2 Bm‘:lyl:lflu’“ 2 3 o a-;\nuriun Co. com.—5 at 30, | Rome 6% Y DRG& Wstbs . 891 0] -pound sack of flour from their price % 3 wrl 8 1a: A Sao Paulo 85 1936 Erleconv4sA. 83% list of August 1, 1929. S6% BasCat o). 8 22%:: 22?:: 2:;;’: - 4, Vadaco “E:-'-.t;orp ; Nlfitflwfiorg?m‘&..—tllolnsit %. 9 % oy 332: Special Dispatch to The Star. B EL SISt Bs 08 9 e Ve §71a Viek Chemical 37+ p 2 AFTER CALL. e ek | B sk GRAIN EXPORTS RISE. 1% Phie ReeA GAIs 30 10n 167 o So%| m b Mo L 6o /8 | Anacostia & Pot. R. R. 55—$1,000 at a3, : 65% 56 | ated valuations of the 14 public utnities, 2 3 8 63 53 b2 Virginta-car pt () , Sefgr_itty‘%flnn & Commercial Bank— 104% 104% 1043 | including several in Southern Maryland, Week’s Total 1,347,000 Bushels, R ] -‘m 7 1% ;é?: 12w | 10 Va 11 & Pwr BE (6) . i |'oapttal Trabtion Gor5iat ok 3 110% 110 1103 hose A Against 618,000 Week Before, 29 Phillips Petrm (n2) s 5 16 2o | 11 Varu& Purpt (7). S0s > Washington Gas 6s B—$500 at 106, 1938 135 195 | chargea by John Henry Lewin, beople's 13 Phoenix Hoslery. 1 105 8k Vulean Detinning (1) -8 116 Potomac Elec. 512% pfd.—5 at 1073 7 [ 1 15 110% | counsel, when hearings on the merger Exports of grain from United States . = Vulean Detin (4)(1). 508 % . : 74 | Swiss Conted 1075 | Gt Nor genta...... 52 110K 110% 110% | qireSlesumed before the Public Servics during the week ended March 1 totaled | ) 26% WPUABRIN 5750 v somss” A Bid and Asked Prices. ‘Toho E1 Pow 99 | Hud & Man aj 6 7% 77% 77% | Commission yesterday. 1,347,000 bushels as com with 618,- b 3 Bin Waldorf Sysum (1%) 2 2 % 25% 2 Toho El Pow 9 99 |Hud & Man re: 95% 95% 95°%| The people’s counsel declared that an 000 in the previous week, and 3,259,000 314 2 Walgreen pt (6% ). 5 102 BONDS. Toklo % | 111 Cent ref 92 923 | investigation conducted by engineers of in the mnmng week of last year. Pirelli Co(A)(p3.14)+ 50 8 26 Walworth Co (3). 8 p % PUBLIC UTILITY. Tokio 5% 81961 111 Cent 45 53, 881 8814 | the commission into the real values of today mowed. wheot oxporis. for ihe R L DI . 1 5w “on o Amer: Tel & Telen. ds i 11td Kingm 5% 87. : ] S 1o01e | Dosethle vatumtion Whichthe srgtaeces 2 er, week totaled 734,000 bushels against 10 Pitts Terminal Coal 2,‘,& o % 67% 6 A ety dpdeiey (s 010 18 bbb e L Do iriel 104 104% | P the State could place on the prop- 373,000 bushels in' the preceding week: B ra il ey g e 0% 36% War Bros P p (2.20), Andcostia 3 a2 i 960.... e s o |erty amounted to $1.343,883, as com- :.:qus*z“'m bushels against 68,000 27% Poor & Co (B) (2)s.. 30% 31 b% Warner-Quinlan (1), 24 . & P. Tel. o 5s.... 3 3 M 6% pared to the $1,849,251 offered by the Wer group. P Rican Am To (B).. 50 25% 25% 5 Warren Bros 1st (3). 10s 5o 3 0! He declared that shnufllnt.he commis- 000> rye, 7,000 against 7,000. 12 e e ke 25% 5 T Warcen @y Eibart)e o1 . i1 3 26 | ot e as Lat' 831 9 101 MISCRECAED DY sion approve the merging on the i AbItibl Pa&P 6s°63. 11 83 827 figures p iy b A e Webster-Liseniohr. . 7 Potomac Eiec, ‘g 1933, 3 981 offered by the applicants that the gross tic ports e e L , O G o i W R S Vikion cit! o ah o e i Int & G Nor ad earnings of all the companies would not totaled 901,000 against 1,172,000 the . West Fean Ll bt (8).2008 Gy 5" o ::*| Alleghany Cp 68 44 11 101% 101% e op il be sufficient to pay the interest on the B e i s ; West Penn £l pt (7). 10s Wash Qas'ge,"series 4 | E— o Kan Clty Pt 4o 95% 9% bt fund, borrowed to float tho transaction. m ni West Fenn Pw pf(6) 0: g 8, series . ansas City 100% 101 | Ti original applicaf led with States totaled 207000 barrels, agains ol Pubhiefecy, Ha b0, % 1134 West Fenn Pw bf (1) 108 Wash. Rwy. & Elec. 4 e Kan City Term 4. . 894 89% | the c:mm‘i%:tnon. r.;‘:’%: Empire Co. aeked K barrels, ‘anadian W] ke 3 Westn Dairy A (4).., 1 7 MISCELLANEO! 3 for the privilege of issul ,200, flour shipped trom United States ports | 110 10654 bub veNd bf (630 3 10 1003 100% Wesin bairy (5710 4 Bruber, & Row, Inc, giis. ... apy A St Gor %0 43 65 198 oyt 20 20| bongs" Vi Which 10 consummate the = v o E 121 FubSve NJ pf (7)... 6 125% 125% | * Z4% Western Maryland.., 26 p b 28 | Chevy Chass ci Am NatGas6%s42 5 L& N 43482003, ... 5% deal. barrels. 4 50; k s e 95% 95% G e 2 107 Pub Sve B&G ptis).. 9% 109 109 109% | 50 et LU s 4 PorCydiaper, Mie., 6o i65-+ | Am Smit & R 1at 68 19 Louls & Nash 6% 1064 106% | 14 masal Seilities taie & erols mEing the T . 1% Pullman Corp (4).... S oy Fe Y 214% | WG Hi | Am Sugar Ret & 4 Louls & Nash 100% 100% | known as the Maryland Light & Power CHICAGO LIVE STOCK MARKET 2% 22 295 B&EM (5) 91 1 Am T&T ovats 39 738 Market St 7s 40 9214 | Co. will not effect any operating econo- CHICAGO, March 4 (&) 113 118% Sidhhpmetrgreert il ceheE L L 99% mies. States Department of Agriculture).— 6 8 82% 821 | 8 « o b 4 3 E F 36 el. & Te & 1 Bl Ry & L 58 Hogs—Recelpts, 18,000 head, including 49% 48y White Motars (3) k] E " . 86 M Stp & SSM cn bs.. 2,000 direct; market 10 to 15 cents Tst e ok - ean] i ot e B IR T No& W Blesmpont i B MStPASSM 63 gtd. ower on hogs scaling under 230 19 Radio-Kelth-Orph A. 109 o 3% 31n e L), |46 | Rotomac Eiec. 6% pi it Armour&Co 438 39 bk pounds; heavier weights steady to 10 33% Rand Mines (3.04). .. 10 36 36 36 s e ' Wash. Rwy. & Eiec. co 500" ... | Armour Del 6% 7 inn SiP & SSM §a, cents lower; top, 11.15; bulk, 160-250 33 Raybestos Man 2.60. U 38% 39 A el oo b A ' Wash Ruy. & Elec. pid Assoctated O11 & 103% pounds, 10.50 to 11.10; 260-340 ; 47% Reading 2d pf (2). 2 52 52 0 4 Wt & ot 9 % | Waao Balle, & Aonam. eom.. B Atlantio Refin bs. 10.00 to 10.45; butchers, medium to 2 58% B0k Wootworts «f(o) 5 < 4 6 T 9 b 1 Tel Pa £8.C choice, 250-300 pounds, 9.75 to 10.60; 4% 3 Pt oot it Lo R 4 NATIONAL BANK. Feot il fady L e B B . oL 3L 28 Worth Pump A (1) i ; g:%\'?.:.‘a}.fi‘ e 1 20| Beth Steeirz b Mo Pao 0. 18. mon stock in 1929, against $3.32 a year e AL . . Worth Pump B (6). ommercia Mo Pac 5% 49 ovt. ago. pounds, 9.85 to 11.15; packing sows, 10% Reo Motor Car (.8 . 4 4 District 216 230 | Certn-Td 5%s rots. & 830 to 8.15: pigs, medium to cholce, 90- 724 Repub Ir & Steel 41 18 76 B W e ek SEh 533 | Fed Chile Copper ba. ... Mont T'rm ref :- « oe 90 |, Exmanl Gocpcestion mi’!flsoz 130 pounds, 9.00 to 10.75. epIr & S pt ¢ h ! 4 Col G&E 63 4| Man Ry 18t 4s 59 59 8 G Cnmb—fieeelpns, 6,000 head; calves,| 30 23 Rever Cop & Bra: 1 24% Yellow Truck & C §8 | Com Invest5%s49 . 1 T en 6. cANIel S0 &8 Teceipts, 2,000 head; mostly firm o 102 Revere Cop&B pt(7). 108 103 103 Young Spring (3) % 48 Blees 0 340 13 61 stock in 1929, against $4.53 & Year ago. slightly higher trade on all killing 4 ReynoldsSpring.... 1 5% Young Sheet & T (8). 2 2y : e 2 - oc . aga .53 & year ago. y ) 70 56 g e Bucyrus-Erie earned $3.70 on common classes; scarcity stimulating factor; but 49% Reynolds Tob B (3)., &' Zenith Radio. - dressed beef trade showing improve- 221, Richfield Oll (2)..... 56 2 esescene i ‘TRUST COMPANY, o1 97 stock ::d 192“3. ndnlmt&u.ds & year ago. ment; medium grade steers and year- 16% Rio Grande Oil (2). 16 RIGHTS EXPIRE curity & Truat. Canada Foundries & Fo; eal nk —a ST - eyt - o AR IR AeBme aona 98% 94y 95 9 i Company Earnings 98 e 9840 931 NEW YORK, March 4 (#).—American 101% 101y | Cigar earned $7.85 on common stock 76 75 |in 1929, against $12.11 a year ago. P American Stores earned $4.25 on com- e Re%8 rned er: 97 974 | ¢3.13 on common stock in 1929, agains Iing dominatin 11.25013.25; 44% Ritter Dent Mfg (13) 1 Am Roll M., June 16 S ¢| $3.13 on , against o "w;m 15250 al::whm classes, 3714 Rossia Ine (2.20).... 29 4 6 Balto & Ohic.Mar 11 i 5 1osis ififi?z 4433 & YoAr A6G. steers, good and choice, 1,300-1,500 19 al Duteh (23.30). 6 31 Col Carbon..Mar 2 dw i . ., e 7614 7614 | o, CO10rRd0 & Southern Railway (sys- pounds, 1300a15.25; 1,100-1.300 pounds, | 1 Sateway Storesces). 126 1000 101 1025 02| 194 Apere S B R East Cuba Sug T%s o tem) Sanuaty net operating income of 13.00a15.50; 950-1,100 pounds, 13.008 s 7 o Fisk Rub 88......0. 1 7% 106% | 3% ) i 1575; comimon and medium, 850 pounds % Safeway Stri s Y 0:30 a S2les of Stocks an New York Exchange. # .| Gen Mot Ao Cor i o st V8 O i stock up, 8.75a13.00; fed yearlings, good 10:30 AM.. 438,000 12:00 Noon., 1 o #lin 1 chbice, 50950 pounds, . 13.00a15.75; | 114% 1075 St L-San pran (8). 1:30 P 2454000 2:10 PML 9.6 L O b :““.’“'lgfidl:;’g eholce, 850 g"“;flf 5016 BUL WoRTIWASteE: 3 6 | Dividend rates as given in the above tables are the annuai cash | Lo st B Goodrich .. lown, .00214.25; common ane 2414 Savage Arms (2) > - 277 | Payments based on the latest quarterly or hall yearly declarations, ‘Washington 50 + | Goodyear §s ret: .18 S Tai0.55 common an medin. 5154 4% Schulte Retall Stra. . in'stoek. °§ Bayabie fatuenn? 109,20 HumbleO & Rbs.. 10 I T e d e 85 Behulte Retall pf(8). 10 50 Teguiar rate.. b Payabie gn stock, ¢ 5= | American j 300 HumbleO& R6%s 3 bulls, good and cholce (beef). 8.008 9% Seaboard Air Line.., 2 fble in sash or stock. TFlus in Plus 6% in stock. | Sorcoran 1M Bel Tel + NYW&B4%s. 9.25; cutter to medium, 6.75a8.35; veal- o Seagmave e120). 0 1 1 907 Sis| 8%, In stock 5 Plus Sle. in SIOCK. b Sublect fo” abbroval of | National Union. Inland Stl 4348 78.. & B e s Sockholdwy. P TITLE INSURANCE. Intl Cement 68 48.. 16 .75; , 9.00a10.50; Columbia_ Title. Intl Match 62 47.... 7 [ .00; stocke! d feeder Re: te Titi . Steers, good and choiee, ail weignts| WOOL MORE ACTIVE. DIVIDENDS. INVESTMENT TRUSTS. | i £5ss o i 10.75a11.75; common and medium, 8.25a NEW YORK, March 4 (#).— ot MISCELLANEOUS, A Nor Pacrf 1075, BOSTON, March 4 (Special).—In- s NEW YORK, March 4 (#)—Over- | Barber & Ross, Inc., com " Penna gen 4% Sheep—Receipts, 13,000 head; market | quiries for wool are more numerous ‘e Pay- Hidrs, of | the-counter market: oL e ey B 63 £ in 1929, Z,_’,‘,;: ?’;}2 Electric Auto Lite earned $11.03 on 911 oiss| common stock in 1929, against $8.60 129 128 | Y°4% 880 106 1og | FElectric Power & Light earned $2.98 58 on common stock in 1929, against $2.37 42222222227 g g Z2zzz27 Pro Sors moomomNaal s nannoASnalmama 8834 P o17p General Foods earned $3.68 on com- 86% mon stock in 1929, against $3.11 year 8814 200 96 96 International Nickel earned $1.47 on 104 104 |common stock in 1929, against $1.05 1 year ago. 124 1121 | Y6 e Manville Co. earned $8.09 on gg:: gg: common stock in 1929, against $6.75 4 103 Sales. High, Low, 3 108% 10!#‘: So Pac 4%s'6) ww, 23 98% % m:.'"l 100 0 | Sou Ry gen 4s,. 1 891y Sou Ry con II. 12 8! Sou Ry 6 Sou Ry 6% Term Asso SL ds... ‘Term Asso St L Tex Ark FS 5%s =t - Pe- @ opening ste to strong; early bulk edis Company, Rate.riod. able. : % light fir;bs.'dfin.s?)-:ons; few ehoice, |and embrace a broader list as medium | , COMPHT .y, Ho(Sriod abic B B Daae. i i e Bid. Asked. | B, O A i L . 18 A &G 11.00; t0p to outsiders, 11.10; fat ewes, | grades become more active. Quarter- Mar 20| ARSE B, stocks’ g 2 Kan City P& Lt 6a.. steady at 550 down; feeding lambs. |ploods are caled for regularly and siz- 3 tfirlusulrlnvmon i h KanG & E6a 53 : 3 2 T Kendall 5%s 48 war " # B s, oo . e iume | able quantities of three-eights blood B . Federul-American pid ks Pa Ohlo & Det 4% 9.50a10.25; common, 8.50a9.50; medium | have been moved. Half bloods appear Bt to choice, 92-100 pounds, B75810.75; | to be in strongest demand, although | GSBL My b §hes, medium ta choice, 150, bounds. | cuys for finer grades are quite frequent. | o6 B feeder lambs, good and choice, 9.258| Fine territory combing clean was 1025, quoted todsy at 78a80; French comb- 76a78; half blood, 74a75; t..’hne- ety - Trans. & 8i6 Lackawanna Stl 5s. Peoria & E inc 4 Tieht, see. T 3 erchants: Tran. & Stor, 10814 | Lactede oa. 5 Pere Mar 1st 4s A R O 10 tieaa Mege. & Tov. 5’8 | Laclede G 6% 8 53.. Port E1PL 6s . Blec. L. & Pow. Shures A 40 les Drug Btores Lautare Nitrate 63. 8 Reading J C 48 81. . Others unchanged. tge & e Ligget&Myers 6s 61 . Ter. Wi a Liggett & Myers 7s. PROFITS RI g A 4 Losw's, Inc 6. . Loew's 68 w 0 war. NEW YORK, March 4 . —Mea Johnson & Co. of Evmvfllo.‘?nd.. mn:: ufacturers of infants' $25 net pront of 1470415, Tils i MAYTAG CO o A ":quu to tm- share on’ the common e 1 | and compares with a total of $1,082,305, RK, March 4 (#).—Maytag or $5.83 a share in 1928, Co. earned $3.33 on common stock in 98 20 R siSRa XN 1929, against $2.38 year ago. 108% REYN( METAL TR IR 118 OLDS TALS. ‘Twenty-eight towns and cities in New fl ; 93 NEW YORK, March 4 (#).—Reynolds | Zealand visited in nine days by a'N y 7, 1 994 NY s 1074 10T% 12 . 1 Metals Co, Inc., had net income oflgood-will delegation from Auckland re- - 07% $3,560,034, equal ta $4.63 & share, cently, 5 mn:‘;-;fil-—-lzbio: . 102 . 102, SouPae 4% retacee 15 > 11 - 133313 5 11111 PRODUCE EXCHANGE. e © at 33a34; mgu basis, hl!!’_’ 35a ; three-elghths blood, 37; quarter blood 35a36. Y X N MACANDREWS & FORBES. 8115 cif. e . Barley casy NEW YORK, March 4 (#).—MacAn- | tic 78% c.if. New York. firmer, | mess, 30.00; family, 3450 Lard steady: | Ore%® & Forbes ended 1929 with net Other articles Middle West, 10.90a11.00. wachanged. 3 2 X ZER ‘Third Ave adj 24 b So | Tol Tr LaP 53030, 1 Union Pacific 1st 4s, 45 Union Pac $a: RE; & 89! 100 100" 1044 1014 | virginta Ry 10t B 9 5% | vaSouthwn con bs. 95% Whbash 4%s 78 rots 22 584 West Maryland ¢ West Pacific 558 W 25 K [~ L | ST, DT Oy , £ Ehoranat profit of §1,230,000, against $1,224,186 | Eitern g Lines in 1928, i = F