Evening Star Newspaper, March 19, 1930, Page 15

CURBISSUES SOAR . INBRISK MARK Natural Gas, Utilities and In- dustrial Groups Register Advances. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, March 19.—Encouraged by the lowest money rate in five years and with prospects of money becoming cheaper, traders briskly bid up a long line of curb stocks today, creating a volume of sales which jammed and de- layed tickers and piled up the largest &unlu:uom for any session this year. gas shares, utilities, indus- trials Ind oils formed the bulk of ac- tivity. United Gas new when-issued com- mon and the option warrants made th* bow at nfldaly after the outstand- ing shares been active and near th‘ high levcl ‘The last sale of the on the produce exchange was Z'I“ and for the option 'lrrlnts 1. Thl] opened on the curb at 273 and respectively. ic Bond & Share vigorously as- serted its leadership in the utilities as it moved about a point higher. Com- monwealth Edison was up more than 11 its and NeVIdI~Clllfornll Electric 8% points on its initial trans- Gulf Ofl Corporation was inclined to be reactionary, after its recent brisk sprints, despite net earnings of $44.- 490,685, l(lln!t $36,325,140 in 1929, Standard Oil of Kansas was the first of the Standards to record a new high. ‘The - unusual activity of General Baking common, which came out in blocks of 10,000 and 15,000 shares, gave es) d. w peak in this movement. New Zinc was the ou be began the upswing in radios by reaching & new high, but t slowed around midday. w& &0 pties first n;.y“luss. ity 106%, September, higher. May, fi“*- S £ % 82 nwr:orm durln:thenen!chmm Bununmu, mk;ummummmot marl Poultry Worth $20,828,000. ch 19 —Alsbema’s pour x A!;md‘fi"m 1995 were valued at m"'fza,ooo Wholesale Market Butter—One-pound ts, 41,a42%; tub, 40asl. !ll'—-flenm. IG.%G:IH\M Poultry, nuveyi‘rurkm old, 28a30; Spring brnllm. W0a ‘chickens, 32a35; Leghorns, 3 , 32835, _ducks, 60a65. Dressed—Turkeys, young, old, 32a35; Spring broilers, 45a .‘“—MMII‘“--.. undred-share lots Mlflmhfl by the letter s (65s) (283s), MM“&“M“‘““ Stock and 3 Dividend Rate. 44 Acme W Co vte (32). 1% Aeronautic 'nd war. 8 AeroSup Mfg B.... 13% Aero Underwriters. . 21% Alnsworth Mfg 33%. 3% Alr Investors vte. .. 11% Alr Inv Inc eV pr.... 4 Allegheny Gas Corp. 16 All Amer Gen Corp, Aluminum Co of 'f 37% Am Cit PAL A 14 Am C P&L B (b 20% Am Colortype (2. co). 3% Am Cmwith Po war. 238% Am Cwlith P A b10% 34% Am Cwith PBb10% % Am Control Oil Flds. 26% Am Cyanam B (1.60) 3 Am Dept Stores. ... 16% Am Equitie 60% Am For Power war. 105% Am Gas&Elec pf (6). 113% Am Gas & Elec ($1). 10 Am Invest IneB.... 4% Am Investors (war) 62/ Am Laund Mch(4). . Am Lt & Tract (1 1% Am Maracatbo. T% Am Natural Gas. ... 556% Am Salamandra (3). 28% Am Superpower (1). 94% Am Super 1st pf (6) 17 Amrad Corporation. . 11% Anchor Post F b10% 15 Anglo-Am vot (73¢). 9% Arcturus Rad Tube. 1% Arizona Com (50c) % Ariz Globe Copper. 8% Arkansas Nat Gas. 45 8% Arkansas NatGas A. 127 18 Art Metal ml‘ll(l) 3‘ 224 Atlas Plywood (3). . 18 Atlas Stors Corp(31) 380 7 Auto Musie (A) (1).. 1 4% Auto Voting Mach. . 9% Auto Vot Macvprpt 6 36 Axton-FTobA320. 1 Open. lln Low. !u 2% 424 42% 2% 2% 2% 10% 10% 19% 264 4 Blbooenwll.ox" IOI ll’ s Corp. Al 14% Bickford's, Inc (1 28 Bickfor Ine pf (23) 78 Bigelow-Hartford. . 10% Butler Bros (30¢) 3 Cable Radio T vte... 1% Cab&Wire Ltds rets 25% Cent Public Service, 34% Cent PSv A (alL.76). 19 Cen States £l (340c) 3% Comwith & Sou war. 12% Com Wat Ser (b8%) 21 16 Consolidated Aircrat 20 % Consol Auto Merch. 1% G M Co cum ptc Consol Cigar (war).. Cons cate. 83 284 Com'with Edison (8)520s 2.] 86 6% 1% 23% undries. Cont G&EI pr pf (7). 50s 106'4 Cooper Bessemer(2) 2 rd Corp. . 60 Cusi Mex Mining. Darby Pet (1). . Davis Drug Stor ef; Deere & Co new w.i. Deere & Co (36) De Forest Radio. Derby Oil & Refin. .. Detroit Atrcraft Cor. 98 Dix Gas & Utilits Doehler Die Cast! Douglas Alr (76¢) Dres(SR)MIg A 3%. Driver Harris(new). Dubilier Cond&Rad. Durant Motors. . Duval Tex Sul w.d... . East Gas & F Asso. East G & F A pf (6). East Sts Pow B (1).. East Util Asso v Eastern Utll Inv A.. Edison Bros Strs(1). Eisler Elec (1.50).... El Bond & Sb (b§)... El Bond & Sh pf (§). - Buefonwn ~Samannl 50 Powdrell&Alex 13%. Stock and A Dividend Rate. Imp O1l. Can (60¢) . Imp Tob, Can (25¢) Ind Pipe L, n (12% Indtan Terr flum Indus Fin cv pf (1) Insull Ut Inv(b6% Insull Ut In 2d pf 6 Ins Co of N Am (13 Insurance Sec (1.40) Intercontinent Pet n 18 Intl Holdg&Inv 10c. 4 internl Petrol n (1), int] Superpow (11). Internatl Ut Tnternat) Dt iwar). % Intl Utilitles pf (7).. Interatate Equities. . irving Air Ch (1.50). Italian Superb war. . Itallan Superpow A. Jefferson B (13%).. 1 Kellog Switch & Sup. Kirby Petroleum. . Klein (H)pt pf $1.30. Knott Corp (2.40)... Kolster-Br (Am 8h) Lackawanna Sec(4). Lakey Fy & Mch (1). Lefcourt Real +1.85. Lefcourt Real pf (3) Leonard Ofl........ Lerner Stores (2). Ley (FT) &Co (8). Liberty Baking Corp Loews Inc deb rta. Loews Ino war. . Lone Star Gas (1)... Long Isl Light(600). Louisiana Lan & Ex Mac Marr Stores. ... Magdalena Syndicat. Mangel Strs pf (6%) 50 Marine Mid Cp (1.30) 16 Marine Union Inv... Marshall Field & Co. Mavis Bottling. . ... Mayflower Asso (33) Mead Johnson(t3%) Memph Nat Gas Co. Mer Chap & 8( ). Met & Min Ine (1.20) Met Chain Store Met 5c-50¢ Strs pf. .. Mid Royalty cv pf 2. Mid Wst Utli (b8%). Mid West Ut B war. Midland St1 P 24 pf.. Miller & Sons (2)... Miss River ¥ Cp war Mo Kan PL (b10%). 3 # Mohawk Mining(12). Morison Elec (31)... Mtg B,ColAm sh 1.91, Mountain & Gulf 8¢). Mount Prod (1.60).. Mount St Pwr pt (7) 6% Municipal Service. .. o -] - > Seannd Y oo oxlumnnoSonms aones & ® o » omaniirreralonBon & s @ pasmmepueRa-Tonnas ~Soa e Natl Fam Strs (1.60) Nat Fuel Gas (1). at Investors (new) Invest pf (5%).. Nat Screen Serv 1.60 Nat Steel Corp xw (3 Nat Tile (3)... tl Transit (1). Neet Inccv A (1.60). Neni Corpn (1.30)... Niagara Shar Niles-Bement-P 13% Noma Ei Cor (1.60). Noranda Mines (3). . North Am Aviation. No Am Aviat A war. North Am Util Sec. . North St Pow pf (7). ). 8% Outbeard Motor (B). 26 Pacific Coast Bis 264 Pao G&EI 1t pf 1%. 27% Pao Pub Serv (1.30). tepec O . Param C Mfg (3.40). 36% Parke Davis (11.45). 22% Patterson Sargnt (1) 13 Pennroad Corp. . 75 Penna Wa & Pwr (3) 43 Peop Drug Strs (1).. 82 Peop L&P A(a2.40).. €Y% Perryman Elec Co. 194 Petrol Corp (1%4). % Philip Morris ino. .. 5% Phillp Morris (A)... 9% Pierce Governr(1%) 10% Pliot Rad T A (1.30) 10 Pitney B P n (20¢). 58 Pitts Plate Glass (3) 24 Plymouth Oll (2)... 9 Polymet Mfg (31).. Z.—.—S-—.m‘:m. oo [P ) - PSS - T P 63% Pratt&Lambert (15) 14 Premier Gold (24e). ¥l Prince & Whitely. .. 35% Prince&Whitely ufl. T% Pyrene Mfg (80a).. 16 Radio Prod (50). 3% RainbowLumProd B 9 RedBank.......... 2% Relter-Foster (40, D, €. : TRADE PROSPECTS i Ilflllq mmnell many yurm After two 1 | mainly cnmuntl’ !lock and Bales— ‘Add 00. Open. High. Low. 2'55. !Ilh ey 58% b53% b53% B68%| 29% E dend Ra 40 Tr Ulflllltl (21.20). 6 Tri Utilitles pf (3).. 8 Triplex Safety Glass 1 ‘Tub Art Silk B (10). 160s Ulen & Co.. Ungerleider Unit El Ser pur wa Utd Founders(b2.35) United Gas Co. . Utd Lt & Pwr A (1) Utd Lt & Pwr pf (6). Unit Molasses Ltd U S Gypsum (1.60). . US&Int Secist pf(5). U S Lines pf (1).... Unit Verde Ext (4).. 16 % Utility Pw & Lt(s1). 25 l’IK Utility &1nd....... 11 WEDNESDAY, MARCH 19, 1930, ~—Prev 1930.—~ 58% | 18% 6% lmm vmtlnflplu'b).. 2 FINANCIAL., Sales— Rate. Add 00. Bquitles..... 10 96% vu-mn Ofl (t4%).. 130 | 34 Fret B West Tab & Sta Winton Engine Woodley Petroler Yukon Gold. ... stogle da nth Zonite Prod (1.60). . 18% 18%| TR i w Wwhen 3% Con Gas Balt.....A] ) 99 4% B% 4% B ‘on Gas )f dend. TPartly exirs. Bxpire. iast quasterly or semi- extra n stock. o Paradle oreferred stock. 20 e‘narm » Payable in stock. d Payable in DECLARED BRIGHT Head of Utilities Company |packing Sees Gains in Business in Near Future. BY JOHN F. SINCLAIR. Special Dispatch to The Star. NEW YORK, March 19.—“Within our | 15 74 | industry, business prospects for the next six months are good,” says John B. Mil- ler, the Michigan-born president of the Southern California Edison Co. of Los Angem has been in the public the University of Michigan, whgre be studied law, ymmx Miller be- came a cotton planter in as he had ot being as successful hoped he 'ould be, he n:xt tried the steamboat and fuel business in Michi- | gan. This was back in 1894, and also pmved J‘x:luwen{ul Then he heard tics in Southern went West to begin the n of small light and power d the duvelopment of water ission. the Southern California Edison Co. “The electric light and pa'm indus try in this section shows a steady an: country and is due to various reason the many new uses that arc being found for electricity Credit in thu section is easily available at_reasonabl The swl.hern clulnrnh Edison Co. today is one of the largest and most 1 | substantial of the public utility com- panies in the country. Approximately 200,000 applications for passports were made to the State 1 Department last year. About 94,000 of % | these applicants went abroad “just for fun.” The next group in size went abroac for family reasons. Millions of Amer - ¥y | cans have clo-e nhuvu in foreign countries and 68, !n-wnl carried the words “family affairs.” Per: hflhmlnm'unnmcdwflnl‘ h-uvelen This included architects, ar- doctors and other E rofessionals. Alwgeum' 12,838 lw ts nve ed- ucation as the object their travel. Another 15,635 -ppuunu gave Ameri- can business as the reason. These were the reason for | crossing the ocean by more than 3,000 | persons. All told, 133,479 persons received ! passports to visit Western Europe. East- | ern was the objective of 10,615 m:‘ uth America and the West e and Mexico took another 8,07/ an Australia and New Zealand are th two slighted countries. Only 670 Ame icans made application for passports visit these counmes last year. enmln ‘more_America: ey bined. These figures are not includec (Copyright, 1930, by N¢ American New: paper Alliance.) — e, POTATO MARKET. ' CHICAGO, March 19 (United State 'De) nt of iculture) (). Potatoes—Recelpts, cars; on track 250; total Unlud States shipments, 80 cars; trading fair, market si ; Wis. consin sacked round whites, 2, 0a2.40, few 2.45a2.50; Minnesota sacked round ::%u’s,s:.xonz.zo; Idaho sacked Russets, | .10a: CHICAGO LIVE STOCK MARKET States Department of AgtiRultore) Hogs—Recelpts, 10,000, includ 1,000 direct; market slow and uneve::u to 15 higher; top, 10.80, paid for around 190-pound 'elghh; bulk, 160-240 , 10.00a10.75; 250-340 pounds, 9.40a9.90; butchers, medium to choice, 250-300 pounds, 9.25a10.00; 200-250 ; 160-200 pounds, 60 pounds, Hsuo 75; Sows, awn 10; pigs, medium to choice, 90-130 pounds, u.'suo 50. ely bearish, especiall and fat she stock; slaughter classes, steers, and choice, 1,300-1,500 pounds, 12.25a14.50; 1,100-1,300 pounds, 12.35a14.50; 950-1,100 pounds, 12.25a 00; common and medium, 850 pollndl up, 9.00812.25; fed yearlings, good an choice, 750-950 pounds, 12.25a15. 00. Heifers, good and choice, 850 pounds down, 11.25a13.75; common and me- dium, 8.00a11.25. PROXY BATTLE IN STEEL MERGER PLAN IS OPENED :&;.‘2,"’ s By the Assoclated Press. A—15 INCOME TAX FIGURES TOTAI. 399,666,010 Rt ‘for March 17 were tfl. the lhovedmmonxueeipfl 8 336 aansar. S b mmmfiwnmhg morrow's statement would be the % | single day’s total for the month. $161,743,857. NEW YORK COTTON. NEW YORK, March 19 (Special) — Although there was active buying of . eommewm nn’::l and 'w. llilz mnmmemm was and that the i were: mmhmu:‘l"b.fl. prices 19—A | 6 llly."fiw. up 5; July, 15.72, g ‘YOUNGSTOWN, Ohio, March old, 1 .&' 111 up scramble for stock furnished a new bat- | October tle front today in the fight over the 15.29, up 4; December old, 15.70, u:"‘.' December new, 1543, up 6; Jan posed merger of the Bethlehem Steel | old, 15.68, up 3; and January , 16.47, oo Al B e e e it STOCK AND BOND AVERAGES rrom " Senter’s 3750 Whition. “ufi. 420 Wash. L. & m.'. Nat.5291 1520K St.N.W. 3,5 or 10 Year Loans On Improved Real Estate IN Nearby ’Momgomuy County and District of Columbu Low Rates DOSSRNEPS Jons Hancoes 2&-1 Lite insurance Co. 417 K St National 9300 Equitable Co-operative Bldg. Ass'n Orgariized 1879 .lom IOY EDSON, President ..$5,662,549.55 S0th YEAR COMPLETED WALTER 8. mfl. Jr., Secretary Surplus & Profits +$1,705,130.78 S-Imripho- for the 98th Issue of Stock Being Received Earn—Save pare this method with usual method of computa- tion. Call. a.nd let us ex- plain, Other Departments are i to serve you in all and matters. The Bank of Personal Service 14th & G Sts. N.W. i Resources Over $20,000,000 l WADE B. COOPER. Presidént % k it | Applications Invited. at Currerit Rates of Interest INVESTHENT TRUSTS. That home in the future you are always wishing for will be a thing of the near future if you SAVE NOW instesd of 'nmni “until your ship com Elec Pow Asso (1).. 16 Rel'nce Managemnt Elec Pw Asso A (1) 71 Republic Steeln wi. . E1P & L opt war. 90% Rep Steel cum pt wi. El P&L 24 pf A (7) 7 6% Reynolds Bros ine. Elec Sharehldg (31). 22% Reynolds Metn 2.40. El Sharehold pf (6). 80% Richmad Bros (3)... EmpGFecumpf (7). 1 8 8" 8 Rich Radia cum pf. 45; Winter chickens, 37a38; Leghorns, 32; fowls, 30a3l; capons, 35a40; ducks, 30; keats, 80a90. Meats, fresh killed—Beef, 20a23; veal, uuo; lamb, 22; pork loins, 28a30; hams, fresh shoulders, 22, on improved property in the triost of Columbia end nearby Maryland. pe hem. Nat. Assoc. Colonial Investors £3%; bacen, 28; lard, in packages, 13%; Live stock—Calves, 8a13; lambs, 10a 13; Spring lambs, 20. wfl DOMESTIC BONDS. mhlllvoa W .5' R R i » B Wf&‘m Vafrani. “wi—-Whin issued. Empire Pwr Corp(3) Emp Pub Sv A(1.80) Employ Reinsur 1%. Eng PSopt war.... Buropan Eieo (The). Europe El Ltd opt w. Evans Wallow Lead. Fabrics Finishing. .. Fedders Mfg Co (A). Federal Screw (3). .. Federated Metals(1) Fiat receipts (1.35).. Flat Stk debrts..... Fokker Afrcraft. Ford Motor Can A. Ford Motor Can B. .. Ford Mtr France 39¢ Ford Mot, Ltd 37%c. Foremost Dairy Pr.. Fourtb Nat Inv Fox Theat CIA . .. % Franklin (HH) Mfg. Fren Line B (2.54).. 1008 Garlock Pki General Baking 4 Gen Baking pf (3)... Gen E Ltd rcts +60e) Gen Empire Corp. . . Gen Gas & Bl (A) Gen Gas&El ev pf(6) Gen Indus Alcohol. . Gen Rity & Utilities. Gen R & Utll pf «6). Gleaner Com Har(2) Glen Alden Coal (8). Giobe U'nderwriters. Goldberg Stores u). Gold Coin . Golden Center Goldfield Consol . Goldman Sachs (b6) Goth Knitback Mach Graymur Corp. GrA&PTov Greenfield Tap&Die. Groo Stors Prod vte. Ground Gripper (1). Guardian Invest. . Guenther Law (2)... Gulf Otl of Ps «1%4) Hambleton Corp ctfs Houd-Her ev n(A!% Houston Gulf Gas. .. “udson Bay M & Humble Ofi (3) Hvdro Klec Serv Hygrade Food Prod. i 6 19% Rocklans Lt&F(92¢c) 10% Rolls Roy Lud rets. 80% Ross G&T (3) % Itoss Stores. lno. 3% Ryan Consolidated.. % St Anthony Gola.. 19% St Remis Faper «1) 106 St Regis Pap pf(7).. 10 Salt Creek Prod (3). 2% Schulte Un bc-§1 St. 5% Seg Lock & H (50¢) .. 10% Seiberling Rubber. . 7% Selected Industries. 59 Select Ind pr (5%).. 66 Sel indallotefs 6%, 4% Sentry Safety Cont.. 7% Shattuck Den Min. .. b1% Sheaffer Pen (13) ..o 8% Shenandoah Corp... 43 Snenan Corp pf(a3). 41 Sierra Pac Eleo (2).. 18 Silica Gel et. .- 16% Sisto Fin Corp. 137% Smith (A O) (2) 5 South Coast. 87% So Penn O1l (123§). . 24% So Cal Ed pfB(1%).. 22% So Cal Ed pf C(1%). 23 SoCol Pow A (2). 4% Southern Corp...,.. 9 Bouthland Roy (1) 7% 8 W Dairy Produets. 7% S W Gas Util 1 Spanish & Gen 49% Stand O1L Ind (23). 27% Stand Oil, Kan (2) 83% Stand OlL, Ky (1.60). 81 St Oil of Ohto (IH). 62 Stand Pow & Lit. Starrett Corp....... 34 Starrett Corp ! . 16% Stein(A)& Co (1.60). 10% Strauss(Nathan)1y 1% Stuts Motor Car 5% Sunray O1) (40¢). 61 Super Maid Cor (3 30% Swift & Co new (3 31% Swift Intern’l(2%). 8 Syrac Wash M B (1) 19 Taggart Corp (1)... 54% Tampa Blectrie (33) 7% Technicolor, Ine. ... 8% Texon Oil & Land. .. 18% Thermoid Co (3). 28% Third Nat Inv (1)... % Tobacco Pr Exports. 41% Transamer (31.60).. 6 TranCon Alr Tran.. 4% Tr-Luzs DLPS (A). 1% Tri- cmmn-m.l Cor. 4 Tri-Cont Corp 7 Tri-Cont o-n m PO Biversified Do, B« Granger Trade . Incorp. Equitie ncorp. In DIVIDENDS DECLARED NEW YORK, March 19 (#). Regular. rigd, uble. S.h.o', e £9% 5 3 §£§.‘; Cc:sm nLl’lzer x’ 1%2% Q Apr. Abqlgmn'm} §§:~‘§§“ = DODOOOOOLOOOOOOOOOOLOOOOOOLOOLOOOOOOD! . D Det_Gas! Diversified v A. Do. pf. EEE 11 > Lin> H333443 HREEREE £ 55 a OOy oy BB B B B S BB i1 lec Fed P B0t B i) gotham sific 1? cncass et D o 52ERE a5 S RsE S 323323505 2> A aeaaiEs gaRaERRes 4 e 8RB 232221 >rE> e 117 22,8 Bz% Sieloff Packing.. keries 325c Q July It orp ¥ Bf 166 @ ADT. Reduced. 12%c Q Apr. 1 Stoek. Ideal Fin Assn A. Southw UL 1% Q Apr. 1 Sertm cab. Ms... ;5 Aor; Do. oe:e uty Oct. Q Jan. Omittea. | 8% Am Sumatra Tob.. /75 50 Sz?"finfi“ 18, 5 Motor Car. 6% Sfos Milis . 38c @ Due A 10% };‘:‘.’,‘fl',',"mmc ik 8 b e a ”fi Allen Mg pf A.... 87c @ Due Apr. 1. 1 1 1 Pe- Pay- Hldrs. ol Let us explain our tematic plan. 915 F St. N.W. SAFE FIRST Over a Third of a Century Without a 6%% National 2100 THERE MORTGAGES THERE IS ONLY ONE OPINION concerning the desirability of First Mortgages as an investment —they are devoid of all specula- tive uncertainties—fixed in their rate of interest and date of its payment. Our FIRST MORTGAGES have all these attractions—with principal so definitely secured that there is no question of safety; and Lass no doubt of their earning. May be purchased in amounts from $250 up. B.F. SAUL CO. 925 15th St. N.W. IS NO SUBSTITUTE- FOR SAFETY Promgpt Service —Minimum Charges FIRST MORTGAGES The first mortgage notes and honds sponsored by this responsible corporation are secured on pa; | Washington real estate and backe: ! by our $3,800,000 resources. Your money remains intaet steadily working and earning an unvaring ratc of interest. You can_purchase these safe vestments in convenient monthly stallments. Denominations as low as “’ Send for Booklet, “The Success PleR® MORTGAGE & GUARANTY CORPORATION Capital Resources, 53500000 24 JACKSON PLACE