Evening Star Newspaper, March 20, 1930, Page 15

FINANCIAL, FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., THURSDAY, MARCH 20, 1936. 7th St. & La. Ave. N.W. éf Steck Now Open ' Money loaned to members on easy monthly payments James E. Connelly James F. Shea President Secretary stocks are sold in -m-fi-l‘ ~=Prév 1930~ Mm‘“‘-‘ 'Add 00. Open. Hish, Low. 3:88. Zne Ssbgnaied W e 9 500, B8k, | KR AT oy rade Food Prea. 1 104 104 10% NEWHEHS SCORED | TR ANSACTIONS ON THE NEW YORK CURB MARKET INEURB ADVANCE “"'-..-"‘""':.“""“ 0, i e 0 i wna—nm}‘mfim N ans kw R0 opin . tew. # Low. 20% L“: U 8 Lines pf (1) Hah. Low. % Unity Gold Industrials| 2% 4% Acero) Brod A 200 ndtan Tere Mium. .. 147 ay e Utilities, 0|Is and Industrils] % % Assel Freda....... v rin e o . - e Are Taken in Large nesl) Ut £ e Blocks. 10% Utilicy Equities. 884 Vacuum Ofl (14% Van Camp Packing. . Van Camp P pf(1%) Venesuela Ptm(30e) Insull Ut In 24 pf ns Co of N Am insurance See (1. Intercoast Trade (1) % Intereontinent Petn. Interni Petrol » (1).. Int Safety Ras B 13.. Int] Buj 31). Internat! Internat) Dtil (war), -:B-E-- =.8..§ BY JOHN A. CRONE. Bpecial Dispateh to The Star. NEW YORK, March 20.—A long list .. 2o Seaae Ungerlelder ¥ Corp. Union Tobacco- Uni Chem pt pf (8 of miscellgneous securities, with public utilities, oils, trading corporations and industrials predominating, rose to new high prices in today’s active and fairly | firm curb market. Pivotal utilities like Electric Bond & m&u -nz“%m uthz & Power A advanced early before profit taking. International Utilities, fike Brasilian ‘Traction, Hydroelectric Service and International Superpower were twirled in London following the bank rate cut end also here. Miscellaneous oils outdistanced Stand- ard Oils in volume. Indian Territory Tluminating rapidly rose to & new high level. Low=p: issues, such as Pan~ dem and Derby Petroleum, also hlt new aks. Natural Gas shares again bulked large in velume, with United Gas old and new ghares the leaders. Memphis Gas, which figures in merger talk, moved to a new tep. Industrials also hit record prices. American Oyanamid B again was the favorite. Peoples Drug Co., with a gain of 3 points, & record high, was promi- g:n:flfin mc ins, Great Atllnltlc fi cific, T opening up nearly points, reacted. 4 Omission of the quarterly dividend Condenser rose almost 4 ints. Its basic patents have been ld by the of Patent Appeals Pilot Radio & Tube was another sctive radio and was up more than 1% Bfllnhmlt & new 1030 high, due to & Ken Rad Tube & Llng itted its quarterly Class A dividen .o-l GRAIN MARKET. CHICAGO, l(l.l‘h 20 (Special) —The wheat market was firm today. There was some b\lm d deferred futures on praspects that cold weather will work ?'!n':nlwn the Wl.te;“'but bev‘i' 10?"’- were “fi" y opene o 5%; July, 1 % ember, 1081 to 8. M'e“f nmm hour, % 7% Ark N G em pf (60c) 2% ‘Burma Corp (1316).. Am Bal Am Beverage Corp. Am Brit & Cont. Am Br B El td shs. . Am Capital (B). Am Capital pr OPRPRSTTTS e Am CP&L B (b10%) Am Cwith P A b10% Am Cwith PBb10% lB Am Control Ofl Fids. Am Cyanam B (1.60) ON Am Dept Stores. AmDIstT,NJ cv pt 7, u. Am Equities 1% Am For Pow 65 TS 1 5 5 111% 111% 17% 65 1874 141% 9 Am Investors (war) 1 Am Laund Mch(4),, Iifll Am Natursi Gas. ,,. Am Pneumatic Serv.. Am Salamandra (3).. Am Superpoyer (1 Am Super 1st pt ( Am Superpow p? (8) Anchor Post F b10% Arcturus Rad Tube. Aris Giobe Copper Arkansas Nat Gas. .. Arkanses Nat Gas A, o o SR vwa «as30-Dyeing & Ptg.. Asso-Eles ind Lid, , AsSs0 G & E A (13.40) A830 GAE A deb rts.. Atiant Fruit & Sug. . Atlas Plywood (3).. Auto Musio (A) (1).. Auto Vot Ma ev pr pt CE RTINS e 11 Blue Ridge cv pt Brazil Tr & Lt (3),., Brill Corp B. . Buff, N&BP p£(1.60) Bulova ev pf (3%).. Burco. Ine (war) Butler Bros (30¢). .. Cable Radie T vte. .. Cab&Wire LtdA rets S reuneal 109% 109% 40% Interest Ba ev pf (3) Interstat H M (1.40). irving Afr Ch (1.60). ftalian Superb war,. Italtan Superpow A, Jefterson B (13%).. Jobnson Motor Co... Kirby Petroleum. ... Klein (H)pt pt $1.30. Kleinert Co (3%). .. Kobacker Stores (1), Kolster-Br (Am Sh) Lackawanna Seo(4). Lakey Fy & Mch (1), Lefcourt Real 11.85. Lehigh Coal&Nav(4 Ley (F T) & Co (3). Libby McNell & L. ., Lion Of] Refin (3).., Lone Star Gas (1)... Lons Is) Light(60c). Louisians Lan & Ex. Mac Marr Stores. ... Magdalena Syndicat, Mar W T br shrs 62 Mayflower Allo Mead Johnson(13 *) Memph Nat Gas Co. Mer Chap & S(1.f Met & Min Ine (1.30) Met Chiain Stores. .. Mid Wst Utl] (b8%). Midland St1 P 2d pf, . Midvale Co (4). Miller & Sons (2)... Miss River F Cp war MoKeaPL (b10%). Nat Container pf Nat E1 Po A (1.80),, Natl Fam Strs (1.60) Natl Fam 8 pf (2) Nat Fuel Gas (1).., Nat (nvestors (new) Nat Mfrs & Stores. .. Nat Pub Sv A (1.60), Nat Pub Serv B 1.60. Nat Steel Corp xw (3 -;;......:S.—fi - ros BBt aRnans Aonee B United Corp war Unit El Ser pur war. 15 uUtd l‘oun‘.l(l!-ll) 19 United Gas Co. ...0. United Gas war. . 108 United Gas new 378 Utd Lt & PwrA (1), 85 utd Lt‘?'!nl“). Unit Molasses Ltd. . U 8 Dairy B, . U S Eles Pwr - USFollB(1)....e0 US & InSctf (2%) US&IntSe 3d pd 3%. U. S. STEEL IN 1929 MADE $19.96 A SHARE |geiien Peace-Time Record Net Return of $258,551,751 Shown in Report. 1 Special Dispatch to The Btar. NEW YORK, March 20.—With a to- tal gross business of $1,493,805,485, which has been exceeded only twice in peace time, the United States Steel Cor- ponuon in 1929 showed net earnings of $258,551,751, equivalent to $19.96 a on the common stock. The net 17% Zonite Prod (1.60)... 24% 21% 18% srolelrm aammnen 5—:-:»33 % 5% 5 19 9% 10 9% 10 st quarterly or semi- extea. tPlus extra in stock. & Payable 6% 7‘““-“ » Pavsble in stock. d Pavable 4p oreferred stock. NEW YORK COTTON. NEW YORK, March 20 (Special).— prie- were steady, 2 lower to 4 higher, at opening. Duyri; fln first half huur pr!ou un:d a li renewed Southern ing prices wm erch 1533 up 2; May, 1548, up 3; July, 15.48, un- Oelohx. old, 16.40, up 2; Oc~ tober, new, 16.17, up 3; December, old, luu off 2; ber, new, 16.31, up Bt et 2o il 2 ol ) 3 January, new, 15.34, up 4. CHICAGO LIVE STOCK MARKET CHICAGO, March 20 (#) (United States Department of Agriculture).— Hogs—Receipts, 16,000 head, including 3,000 direct; market very slow and un- even; 10a20 lower on weight averages under 240 pounds; heavier weight steady cm.m- M.rly active snd mlly ltndy top, 14.25; slaughter classes, stee: and choice, l,:m-x.soo pmnuh 1225- 14, 50. 1 100-1,300 1m 2.25814.50; 950-1,1 2.25a15. md fed lmdb. 12.26. htiterl. and 0 pounds ' down, 11 00‘13 50; mmon ll 00 good and eholce. and medium, 6.2587.50; lnv cutte: and cutter, 4.75a6.25; bulls, de and choice (bee!) 8.00a9.25; culur to medium, 6.50 28.00; vealers (milk fed), lood and shnlue 9.00a13.75; medium, 8.0029.00; cull and common, 7:00a8.00; stocker and feeder steers, zood and choice, all weights, 10,75a12.00; n and medium, 8.26810.7 the | 5 10 lower: top, 10.65 paid for 160-200 heve red liabilities llml compared with §$113,~ pounds; butchers, medium to aholm, 350-300 pounds, 9.2589.90; 300-250 pounds, 9.65810.65; 160-200 pounds, 9.75 810.65; 130-100 dl, 9.60a10.60; odflllflh hnt: olhm -bom fat cows ocontinue- Moncy to Loan on Property in the Distriet of Columbis First Trusts Only Immediate Attention Wm. B. Samders Co. 1435 K St. NW, Dist. 1018 INCOME INVESTMENTS INVESTMENT DEPT. _ BRODIE & COLBERT Ines 1707 Eye St. NW. National 8875 First Mortgage 1 q B : 3 m;‘ July, 106%; September, og.ned lower under scattered liq uhfln uemd by the ine! b\lt met mppon on tp ln: ed 84 to July, btl' 85% m 8615, half hour, May, 84%; tx‘z’f 358,042, 9% | 516.600. EETT TSI -1 P Loans Lowest Rate of Interest - Long or Short Term Construction Loans Glover & Flather: 1508 H St. N. Neet Incev A (1.60). charges Newberry (39) (1103 954 | lowances for depletion, depreciation and N barnr(u)p!u) loon 2olucew e balance after u;": Brad Ol (80c). 3 3 3 3 on bonds oumafllu was §! s Bns Pow pE 16) 108 0% 92% 97% s Saded speciel New Bng T& (8 - sos 148 receipts, _tnclu net_adjust- menu of various amounts, making the total net income $197 snm After deducting_ aivc ts _totaling $89,068,715, the net income for the year was $108,523,342. sl RN COMMODITY PRICES. By the Associsted Press. Commodity prices again receded last week, as averages to indicate their | movement were worked out by the Cen- sus Bureau, but at a slightly lower pace Net income in 1920 amounted to $195,448,200 after all and al- f Cellulold Corp. ,, . Cent & Southw Util. Cent Atiantio Staten. Cent Public Serviee. Cent P 8v A (81.7). Cen States £1 (1402) Chain Stgres Dev. .. Chain Stores Stock. . Ches & Ohio (new)., Chesebor MIg(t4%). 156.5 y-u uo. weekly lm..1114 m (m') .. 1874 N ¥ Invest (1.20)... N Y Rio&Bu Alres. . Niagara Hud P(40e) Niag Hud Pw A war, Niag Hud Pw B war, Niagara Shares Md.. Niles-Bement-P 123 Noranda Mines (3).. North Am Aviation, !m Pang to luuaon I, whut fleld condif were bad, promising almost In contrasy 40 per cent abandonment. Colon O Colts Pat Columbia Pletur 4 Columbia Syndicate. D I T I 4 Com Wat Ser (b6% ) Consolidated Afrecrat % Consol Auto Merch. . Consolidated Copper Con Dairy Prod (33),: 904 Con Gas. Baito(3.60) by _some authorities, and was_glso taken of reduction of nnnk of hlhnwwrnl. l;,luh:e 88 nn lmpmmh would be ;:!‘ DIVIDENDS DECLARED. B8 BRE L 2RE on Consolidated Lead & Zinc unsettled :mlnc lhhtr“el:. but United ;Iurg:‘ rose A new on organized bu; 3 Dubilier i Investment Bankers Philadelphia . Los Anseies s Wm. Gordo: Buchanan Bverard J. Carver, Manager Councilor & Buchanan Fustie {Ajseusteste Nu(ond mwnau REAL ESTATE LOANS Made at Low [nterest Rates TYLER & RUTHERFORD b tan” policy to work hand- Advantages & s to diret Fesresentation i in-hand with business cus. 1520 K St. N.W. National 0475 tomers. fiSuch depositors profit by expert fina counsel— enjoy facilities and service thet over a century of banking has developed. ® Swe ©u5938amnme 101% 101% 1074 107% a8 @ EverSince1814 —it has been a “Metropoli- Reynolds Bros Inc. . Reynolds Met n 2.40. Richmond Radiator. wm 101 Rochester Cent Pow. % 83| Rockians Lt&P(92¢) zl 21 2 Roosevelt Field. lne. 264 26% Ross Stores. Ing. ... 29% 30 % 21 8 ‘Three No Am Aviat A war. % % 1 | than in preceding weeks. res which llch ulop selling prices of represe ntative commod- ! 'N!' . e et g ies on an index scale based on usin (Copyright. 1930. Standard Statistics Go.) Qutbd Mot A (1. Outbeard Motor Con Gas Ut A(3.20)., 2 % 29% 29% i PP::CQ-: Bis p'tl 3 b 4 All comy cémm mfll‘ G W G&E) 18t p i % eok 10 Cons Laundries. i 14% Pacific Lightg pL(! 05 (g E . Ly, o 10 Cons Laundries.. 1 fi,. : B L. Ohrstrom & Co 124 Continental Oul. 15 1 % Clasuu of four cotton mills in Bom- 28 Cooper Bessemer(2) 3 38% 4 F bay has thrown 15,000 out of work. Announce “ 114 Cord Corp.. . 14% Penn Mex Fuel (2).. 50 Cosden Ofl.. 56% 56% Pennroad Corp. ... Money to Loan S Ordeia Petreienm. . Peop Drug Stra ()., 54 58 - in the # Cresson Cons (88)... 'e0p A(az.40),, Sh o qe oreham Buildin Philip Morris Ine. ‘ Philip Morris (A) P 1 Cust Mex Mining. - 20). 7 h . The affiliation with this office 1% Darby Pet (1) ot 3 T 84 Pringe & Whitely. .. Iy TR Rl Prince& Whitely pf8. fion. A Propper McCalim (3) R Diz Gas & Uit Bub Utl] Hold war Dres(SR)MIg A B34, Fyrens ity (0e) oo bresn Nate & A% Dubiller Cond&Rad. Quebec Po Co (2%).. Weinbger Drg Sts N.1% - @ Awr. 1 ::L‘;;qu‘.fifl-;.r Omitted, Bast Sta Pow B (1) wnrrlor — u-- rn Utihiny A Deferred. 23 Eisler Klec Corp (1), I Bond & Sh pf (8 Eleg Pow Asso (1) T. P L optwari s . Elec Sharebldg (31). EBS, Inc An-v (2), Emp Pub Sv A(1.80) 941 North 8t Pow pt (7). 80s 108 follow represent the a wholesale 30) . 1045 Ohio Ot} (13). nb ?moa wm?o ding p-md': for | Pacific Coast Bi - W“‘W‘" i e Cons Instrument. 2 Consol Theaters. 38 3 V INC. 2 88 Cooper !mplA(l) Param'tC Mfgb8%. A The Opening of Their Office 39% Coty Soe Anon rets 41 Penns Wa& Pwr (3) 38 84 o Sstate OP d 18% Crocker Wheeler. ... Peuwrol Corp (1%) . 5 Real Estate Loans Made kit and Pierce Governr(1%) . . Dayton Alr & Eng. ENT SECURI . a at Premier Goid (348). N SEC Vincent Baker Smith Prudential Inv,.... COURTLAND NIXON, 1518 K St. Nat. 1926 oy ¢ Douglas Alr (760)... PusSpaLset Stoek. : ¥ 1 dee Radio Prod (50). Rainbow LumProd B Jls Alloy g A, the Due Asr: rn Util Asso cv Hinde & Dan PCan.25c Q Due Apr. El Bond & Sh (b8) BONDS ON THE CURS Elee Pw Asso A MARKE' ] Sharehold pf (8).. Employ Reinsur H‘. Money Available for making Real Estate Loans ROBERT W. SAVAGE 717 Union Trust Building National €799 . SO AR R AS O e N~S Eurnp-n Eieo (T Europe El Ltd opt w. 4% 2% 7" Schiet & Zun (1% ).+ 60 6% Schulte Real Eatate. " Seg Lock & H (6vc) 4 oy Seiberling Rubber. 1% 124 Seleated Industr 28 98 Selfridge Prov § 270 184 184 Sentry Safety Cont.. 101 101 2 Seton Leather (2)... Shattuck Den Min, e 3% on Savings' erSRoranBnSrorornBonernEEsnnnRontRe - = Q0! ® Fan Federated Metala(1) Flat receipta (1.35).. Florida P&LL pf (7). Fokker Alrcraft ... Foltis Fischer Corp. Ford Motar Can A .. Ford Mtr France 30¢ Ford Mot Ltd 87%e. Foremost Dairy Pr.. [4 D Pr pf (1.60 Foremost Fab (2) Fourth Nat Inv Fox Theat C1 A, Fren Line B (2.5 Garlock PKg +1.30)., Genera) Buking .o Gen Baking pf (3)... Gen K Lto rcie < 60¢) Gen Binpire Corp - AL L » ) P 900 National Metropolitan Bank 1814—Oldest National Bank in the Distriet of Columbia—1980 15th St., Opposite U. S. Treasury o Corp pf(al). Sierra Pac Eles 13).. Stlica Gel ot. . Smith (A O) (3 Solar Refining (; South Coast. So Penn O 80 Cal Ed pfBi1%). SoCal £d pf C(18). 1 S0 Col Pow A (2).... & Southern Corp. ... S0 lce & Utilities B, . Y Southinnd Koy (1)., 4 S W kel Tell pt (7). 9999090 2233 o ,-..,..= b3 - Falo S5 8=t o, %E"“g N P - ~ S & ERRET: {=} H 3 =0 Rl 5 44 Years of Constant Progress T T ! STOCKETTALK NO. § Before Orderi st Winters Fuel Supply - * NVESTIGATE il comims % S5 20 VA bk Gar&El cv pf(8) Indus Alcohol Stana Ofl. Ky UM of Onio (3%) . Stand Pow & Lt, . St Pow & Lt pf l').. EDI 106 Standurd Pub A 2 Swrrett Corp Sturrets Corp pt (3). Stein A)&Co (160). § Steiga&Cocu pf 6% 508 Stein « usmeties Ine. Steren Br St (1,40) Stern Bros B otfs, Strauss(Nathan)1ig Stromverg Carl (1%) Stutz Moter Car. ., Sun Inv pf (3). Sunray O11 Gen R & Util pf Gilbert 1A C) 1) Gleaner Com Har(8) - Glen Alden Coal (8). Giobe | nderwriters. Gold Cotn e Golden Center .. Goldfeld Consol ... Goldman Saehe 1b8) Underwriters - Distributors INVESTMENT SECURITIES ECPHEET ggqaacc RS v 8% 108 Gold Seal £) o i f Gorham Mfg v(el! . e } s 4 4% araarT ion. el 5 '80 10 04 Gr A& P Teapf 7). FOREIQN BONDS. Greenf) ’l'lp‘Dl 2 Cont Bk Co 65 B 51, 86 Groe Prod v 4 Comy, Br Bk 81 (31 89% Ground Gripper (1), R .9; , ww 160% 46 Guardn Fire Assn(3) 'S Hambur Guenther Law (2), .4 1 Hanover - ~| it Of of Pe (144) 4 Hagoyer S Hall Lamp (1.60)... H'd i'age p pf (19¢). Hartford £l Lt(2% ) 100 Tamun Kieetrie -32) Heela Mining (1) .. ! T:chnicalo warranta. il e 8% Hudson Bay M & 8., s on 1 Teck Hux BT out waTrante. u b Foey Texon O} e ".;ml...."" fE Ihermiotd Co (2). PRI TORR I > W SRR e ¥ERe £ ii Wasnincron Orrics 737 19th Street N. W, Telephone, National 1053 205 m o u Svrae Wash M Matw Orrics - Barrrwons ] . . ASHINOTON-D We Want Your Business! Fa=Se mam =