Evening Star Newspaper, March 23, 1930, Page 73

R FINANCIAL, ™™~ CURB SHARES HIT -BY SELLING STORM Oll Issues Stand Up Well. Utilities Group Shows Losses. BY CLAUDE A. JAGGER, Associated Press Pinancial Writer. NEW YORK, March 22.—The curb market was depressed by heavy week end it taking today on the sub- stan gains of the pnn several days. ‘There was a feeling among traders that the technical position of the market had been weakened by the recent ad- vance, and that a new period of un- certainty was at hand, pending con- solidation of the market's position. A few shares managed to move against the downward trend, however, notably some of the Standard Oil issues. Stand- ards of Indiana and Kansas ! oth reach- ed new high levels for the year, and Standard of Kentucky made moderate headway. Humble, a subsidiary of Standard of New Jersey, however, fell back more than 2 points, and Vacuum, which has arranged to to merge with Standard of New York, lost nearly as much. Guif, one of the leaders among the so-called independents, lost 3%3. Utllities generally lost ground. Amer- ican Gas and_ Electric receded nearly 3 points, and Electric Bond and Share, 2. Hydor - Electric lost 1 point, and American Superpower sagged 2. The United Gas issues, however, held steady. Among the investment company shares, United Founders dipped to 3612, a new low since listing on this market. Gold- man Sachs lost a point. Industrials generally lost ground. Among the high priced issues, Alum- Sn\lm Co. dropped 15 points. In the low priced group, Dubilier, which sold earlier in the week above 12, droj below 10. Crocker Wheeler and Amer- ican Cyanamid each lost about a point. — CURRENT BUSINESS TRENDS ANALYZED Report Says Upturn Is Probable. Cites Good and Bad Features. This week's United Business Service report briefly analyzes the current business situation as follows: Favorable Factors. New York bank rate reduction will ultimately have stimulating effect on business and stock market. Living costs turned sharply downward during February, and are well below those of last year. Shipbuilding industry, in comparison ‘with last year, is the most active in the country. Unfavorable Factors. Automobile output running about 38 Pas cent under a year ago, with no sub- stantial increase in prospect. Employment seasonal gain in Febru- ary was the smallest for this month for last seven years Building contracts awarded this month averaged about 20 per cent un- der like period of 1929. Sales in both industrial and agricul- tural areas running 12 per cent under those of a year ago. Summary and Forecast. The business situation shows no ap- preciable change either way, the bal- ance of weight still being on the un- favorable side. A sidewise movement is in progress, but before another decline occurs some upturn is probable. The index figure for the United Business ‘Thermometer of business conditions was 4.3 per cent below normal in February, and & drop of 5.5 per cent, a new low since 1924, is estimated for March. sl Lays Double Eggs. OGDEN, Utah, March 22 (#).—Two eggs in one, the inner egg having a fect shell, luvebeen laid three times as many weeks by a hen owned by ; o ——— to the United States Mm cent in 1929, amount- ing to $118;: 147 000. STOCK AND BOND AVERAGES Baltimore Markets Special Dispateh to The Star. BALTIMORE, Md,, March 22.—The live poultry market holds steady to firm on all lines, especially young chickens, which are in extremely light receipt, and some of the lines, mostly small broiler chickens, will bring a premium over quotations. Active season for tur- keys is about over, but market holds steady under light receipts and a good demand for medium-sized fat stock, hen turkeys preferred, at 38 to 40 cents a pound and young gobblers 34 and 35, but old toms continue slow sale at 27 and 28. Smooth, fat young chickens are bringing 35 and 36 and young roosters 33 and 34, with mixed colored and Leg- horn broilers 1% to 2 pounds scarce and wanted at 38 to 40, but all poor, thin stock, as well as stags, move slow at 23 to 25. Market for old hens has taken on a firmer tone, especially since the drop in price the first part of the week, and values are holding steady at 25 to 28 for stock weighing 3'2 pounds and over, but all poor and thin fowl is neglected at 20. Capons are in light re- ceipt and, under a good and constant demand for fat birds, the market is very firm at 33 to 38, but old roosters will not bring over 17 to 20. Demand for large fat ducks, four pound and over, fairly good at 23 to 30, but small and poor ducks move slow at 17 and 18. Market for guinea fowl and pigeons holds steady and a shade higher at 50 to 75 each for the former and 30 to 35 & pair for both young and old of the latter, Egg Prices. Despite liberal receipts from native and nearby points, the egg market holds steady to firmer, and strictly fresh firsts show an advance of a cent a dozen over last week. Some storing has been noted this week, and all desirable stock meets with ready sale, but offer- ings of doubtful quality are slow sale even at sharp discounts. The market closed today at 25 cents & dozen for native and nearby firsts, with hennery white firsts bringing a premium of 1 to 2 cents a dozen. Duck eggs are in more liberal receipt, especially from the South, but market holds steady on nearby stock at 40 cents a dozen. ‘White potatoes continue in liberal re- ceipt and with the demand only fair. Market is dull and a shade lower, 225 to 2.60 per hundred pounds for No. 1 stock, with round stock bringing top prices, but ungraded potatoes will not bring over 2.25 to 2.40. Sweet po- tatoes and yams in light receipt and, under a fairly good demand, market holds steady at 2.50 to 3.00 a barrel, but ungraded as well as overlarge stock moves slow at 2.00 to 2.25. Native and nearby garden truck in light receipt and with good, active demand. Prices are higher on most: lines, especially on blue kale and fancy turnips, at the following quotations: Kale, 75 to 1.00 bushel; onions, 1.50 to 2.00 per hundred pounds, and 150 to 1.75 per hundred for green; oyster- plants, 3.00 to 5.00 hundred; parsnips, 40 to 60 bushel; spinach, 1.00 to 1.25 bushel, and turnips, 40 to 75 hamper. Live Stock Market. ‘The live cattle market continues steady, but it takes good prime stock to bring top values, the demand being cen- tered on cattle of first-quality receipts, which are very light, both on the wharves and at the stockyards. Too many common, poor calves are being shipped, and this sort of stock is not only hard to move, but tends to lower the value of the better class of stock. Quotations today at Light Street ‘Wharf: Beef cattle, first quality, per pound, 11 to 13; common to medium, 8 to 10. Bulls, as to quality, 6 to 9. Cows, choice to fancy, 7 to 8; common to fair, 4 to 6. Oxen, as to quality, 6 to 8. Calves, veal, choice, 13 to 1315; large, fat, 11 to 13; large, rough, 10 to 11; thin, 7 to 8; rough and common, 6 to 7. Sheep, choice, 5 to 6; old bucks, 3 to 4. Fall lambs, fancy, 12; choice, 10 to 11 Hogs, straight, sows, 8 to 9; live pi 12 to 18; shoats, 10 to 12. Closing grain quotations: Wheat, No. 2 red Winter export, 1.06 No. Winter, garlicky, spot, 1.07%; delivery, 1.07%. Corn, No. 2 yellow do- mestic, spot, 95a96; cob corn, 4.65a4.75 r barrel. Oats, white domestic, spot, No. 2, 2.54a2.55; No. 3 white domest spot, 53a53%. Rye, nearby, ‘Winter Potatoes. SAN DIEGO, Calif., March 22 (m— Harvesting pohtou in January has lef the experimental stage. By unn. water :na fertilizer freely, one farm company has increased its mid-Winter lyteld up to between 85,000 and 100,000 By the Associated Press. SATURDAY, MARCH 22. HOW IS BUSINESS? Showing Current Business Activity Compared With Same Week Last Year. mmmmmmumnm-m GENERAL BUSINESS ACTIVITY for the country indleated by bi aded ares vrevious year. Black are s outside New weeks of the indieate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. Check transactions compared with same week a year ago. LEADING BAROMETERS. 8he trend of important factors, Business in dollars (checks cashed) l:nflvymm (Department of Labor] (Department of Labor).. Codes iving’ (Industrial Oontérence ‘Wholesale prices (Fisher’s Index)... Agricultural prices (Department of Anknll-u Movement of goods (car loadings)... Stock market velume (shars Board) . TS Saslans. Minabem W'&#m... WEEK ENDING MARCH 22, zast Week Total number of shares sold.... 7,306,720 Same period a year ago. 6,916,800 5% Aceter Pre 421 Acme Wire Co vic (32). 1% A’nautical Ind war. . 8 Aero Supply Mfg (B) 13% Aero Underwrite: 19 Agfa Ansco... 21% Ain'worth Cor 3% Alr Inv Ine, vte. ... 11% Alr Inv Inc, vte con pf 119% Ala Great Southern(t7). 103 Alabama Power pf (6).. 111 Ala Pwr cum pf (7). 1 1% Alexander Indust.... 16 All Amer Gen Corp. 4 Allegheny Gas Corp. 5 Allled Aviation......... 10% Allied Mills, Inc(60c)... 14 Allied Motor Ind (1) 275 Aluminus Co of Am 5 105% Alum Co Am pf (6). 21 Alum G'ds M (1.20). 108 Aluminum Co. Ltd 36% Am Arch Co (3).. 36% Am. Bakeries, A(3).... 5% Am Beverage Corp : 4% Am Brit & Cont. 7% Am Br Bo El Fd 7% Am Capital (B) . 37 Am Capital pf (3). 76% Am Capital prpe (5%).. 37 AmChain (3)... . 68 Am Cigar Co. 5 37% Am Cit P&L A (; 3 14 AmCit P&L(B) (b10%) 20% Am Colortype (2.40). ... 23% Am Cmwlith P A(b10%). 3414 Am Cwlith P Bb10% 3% Am Comwith Pwr war % Am Control. .. 251% AmCyan B (1.60). 3 Am Dept Stores. 110% Am D T NJ cv pt (7). 15% Am Equities. 60': Am ForPwr war. Am Lt & Tract (10). 107% Am Lt &T pf (6) 1% Am Maracaibo. 7% Am Natural Ga: 35 Am Phoenix Corp(3) 5% Am Pneumatic Serv. 55% Am Salamandra (3)..... 18 AmStPSA (1.60)...... 8 Am Stove. % 23% Am Superpower (1). &7% Am Superpo pf (6) 94% Am Sup'p 18t pf (6)..u.. 5 Am Yvette (new) w. 17 Amrad Corporation. 241 Amster Trading (1% 11 Anchor Post F (b10%).. 14 Anglo-Am vot cod (73c) 15% Anglo-Chilean Nit. 2% Anglo-Norweg Hol 42 AngCoDpfA (4). 48 23% 9% Arcturus Radio Tub. 8 105‘/. 102 Arkansas Pwr&Lt pf(7) 1061 40 Arrow-Heat & Heg (3).. 18 Art Metal Works (3). 2 Asso Dyeing & Ptg 5% Asso Elec Ind, Ltd 36 AsS0G & E A (12.4 7 Ass0G&E debr o Laundries (32 39% Asso Rayon pf (6 . 2214 Atl Coast Fish (1.40). % Atlantic Fruit & Sug 15 Atlantic LobosOil pf. 15% Atlantic Sec Corp. 22% Atlas Plywood (2).... 7 Auto Music Inst(A) (1). 4% Auto Vot Machine. . 915 Auto Vot'g Ma cv prpt.. 24% Aviation Corp Am. 12% Aviation Credit. . 13% 7% Aviation Securities..... 49% 36 AxtonFT, A (3.20)..... 141 122 Babcock & Wilcox (19). 129 4% 2% Bahia Corp.. 65 1% Bahia Corp pf. 50 Baltimore Tube 1stpf. .. 46 Bancomit Corp, n(1.60). 5% Bellanca Alrcraft. 14% Bickfords, Inc (1). 28 Bickford Inc pf (2%4)... 71 Bigelow-San Carpet (6). 31% Blaw-Knox Co (1%).... 23% Bliss Co (EW) (1). 6% Blue Ridge Corp. 33% Blue Ridge cv pf (a3 27% Biumenthal (8). 29 23% Borne Serymser 180 175 Boston & Albany (l% «. 180 9% 6 Bourjois, Inc(1)........ 85% 30 Bow Biltmore H 1st pf.. 36% Brazil Track &L (2).... 10% Brill Corp, A (65¢) 2% Brill Corp B. ... 27 BritATcB (11.20). 26% Brit A T reg (11.20) 18 Bruck S Mill Ltd (2) 63% Buckeye Pipe Line (4).. 24% Buffalo, N&EP pf(1.60), 32% Bulova Wevpf (3%)... 8 Burco, Inc... 3 Burco, Inc, war. 40 Burco, Incev pf (3)..... 2% Burma Corp, rcts (t31¢) 10% Butler Brothers (30c) 4% Bwana M Kubw Cop 3 Cable Radlo Tub vte. 2% Cabl & W Ltd. A re 1% Cabl & W Ltd. B rcts 4% C& W pf rots (27%¢)... 3% Canadian Marconi. 51 Can Pacific (new) w.i. % Carib Syndicate. 26% Carnation Co ($1%) 5 Carnegle Metals. . 40% Carrier Engn-vA (1)... 23 Celanese Corp...... 81 Celanese Corp pf (7)... 80 Celanese 18t pf (17%) 13% Cellulold Corp. ..... 68 Celluloid Cp 18t pf 315 Central Atlantic State: 25% Central Public Service 34% Cent Pub S(A) (al.75). . 22 Cent & Southwestn Utll. 19 Cent States Elec ($40c). 25 Cent States Elec (war). 72 Cent States El pt 4% Centrifugal Pipe (60c). . 6 Chain Stor Development 124 Chain Stores Stoek 22% Charis Corp (13) 531 Ches & Ohlo n wi 155 Chesebor Mfg (141%) . 26% Citles Service (330c) 88 Citles Service pf (6) 20 City Mach & Tool (12) % Clark Lighter, A 63 Clev Elec lllum (1. 18 Clev Tracotr (1.60 3% Club Alum Ute: 5% Colon Ofl 26% Colts Pat ( 24 Columblia Pictures % Columbia Syndicate. 284 Com'with Edison (8). 6! 3% Comwlith & Sou (war),. 18% 121 Com Wat Ser (b6% ) 1% Comstock Tunnel 15 Consolidated Afrcraft. % Consol Auto Mer ctf; 1% Consol Auto Mer cum pt 1 Consol Cigar, war...... 2 5 Consolidated Copper.... 6% 181 Cons Dairy Prod (32)... 16% 90% Con Gas of Balto (3.60). 119 21% Consol Gas Util A(2.20). 30% 3 Cons Instrument. 10 Cons Laundries 10% Con Retail Strs (1). 105% 101% Contl Gas&El pr pf 54 Contl Securities (4) 2 Consol Theaters. 12% Continental Oil. 20 Coon(WB)Co(2.80) 28 Cooper B 38 Cooper Be! 5 Copeland Prod Inc A. 11% Cord Corp...... 12% Corroon & Reynols 71% Crn & Rnlds pfA(6) 50 Cosden Oil.... 60 Cosden Oil pf (7). 39% Coty, Soc Anon rets. 10% Courtaulds, Ltd (50¢) 5% Creole Petroleum # Cresson Cons (8c) 18% Crocker Wheeler. 34% Crsse&Bpf(3%)ww... % Crown Cen Petrol 4 Cuban Cane pr opt 830 Crown Cork&S pf(2. Cuneo Press CurtissAlrprts v te Cusi Mex Mining. Darky Petrol . 43% 14% 5, 331 337 Dayton Airpla Deere & Co (16 Deere & Co new w.i. 136 Hish Low. Close, 9% 1930. This Year. 52,012,620 94,832,400 Net Chge. 1 e+ % % LI++ +41+ ® V44 4404 R R R A S 3 T3 1 i+ 41+ AT Ik T S S T T S e e [ T+1444+ +++1 1 ++1+1L11++ +| o ELTVIENE (34 120 srFrreserePrerss + I++14+1+1 1 FEFEFLEFE # PHLIU L T +4444 444 43 3 e PrxsPPe 28:F Fr “F = P IR T R i+ & e # 39 126'% 136 + 8% & 4 Marshall F! Stock and dividen De Forest Radlo. Derby Oll & }hfln Derby Oil & Refin pf. Detrolt Aircraft Cor. Douglas Aircraft (75¢). . Dres (S R) Mfg.A (3%). Driver Harris (new). Dubtlier Cond &Rad. Duke Power (35). 4 Durant Motors. Duval Tex. Sul. w. East G & Fuel Asso. East G & FIAs pf(6). East Sts Pow B (1) Eastern Util Asso (2).. Eastern Util Assocv. 4 Eastern Util Inv (A)... Edison Bros. Stores (1). Educational Pictures pf. isler Electric (118).... Elec Bond & Share (b6). Fl Bond & Sh f (6).... Elec House Util (12 Elec Pow Asso (1). Elec Pow Asso A (1) @ El P& L opt war. Elec P&L 2d pf A Elec Shareholding (3: El Sharehldg pf (6). i Emer Bromo Selz pf( Empire Gas&F cm pf(7) Empire Gas&F cm pf(8) Empire Power Corp (2). Emp Pub Serv A (1.80) Emplyrs Reins(134). Engineers Gold Eng P S opt war. Eureka PipeLine(4). European El Corp(The). Europe Elec Ltd opt w.. Evans Wall Lea Fabrics Finish Fageol Motor Fairchild Av! Fajardo Sugar. Falcon Lead Fanny Farm Can (1) Fansteel Prod. .. Fedders Mfg Co (A). Federal Screw (3). Federated Metals(14%) . % Fiat Stk deb rts. Fiat receipts (1. Financial Tivest N Y. Flintkote A (1.50). Florida P & L pf(7) Fokker Afreraft.. Foltis-Fischer Corp. Ford Motor Can A. Ford Motor Can B. Ford Mot of France. Ford Mot, Ltd (37%c! Foremost DairyProd Fmst D Prd pf(1.60) . Foremost Fabrics (2). Foundation For Shs Franklin Mfg (2) 4 French LineB(2.54). Garlock Pack (1.20). 4 General Alloys(80c). % General Baking General Baking Genera! Cable war. ... Gen E Ltd rets(50c) ... Gen Empire Corp Gen Fireproof (12%) Gen Gas & Elec A. . Gen Gas&Elec v pt (6). Gen Indus Alcohol. .. Gen Laundry Machine. . Gen Petroleum Corp wi Gen Rity & Utilitie; Gen R & Util pf (6) Gen W W & El A(2). Gerrad (S A) Co (1.50) Gilbert (A C) (1) Gleaner Comb Harv (2 Glen Alden Coal (8) % Globe Underwrite: Godschaux Suga Goldberg Stores (1). Gold Coin......... Gold Seal Elec new Golden Center. . Goldfield Consolidat, ... Goldman Sachs t.c. (b6). Gorham, Inc pf (3) Gorham Mfg v.t.c. (2). ‘Gotham KnitbacMch. ... Graymur Corp... Grt A&P Tean v(5). Grt A&P Tea pt (7) Greenfield Tap&Die Groc Store Prod vte Ground Gripper (1) Guardian F Assn (2 Guardian Invest. Guenther Law (2). Gulf Oll of Pa (1%). Hall Lamp (11.50) . Hambleton Corp ctfs. Hamilton Brown Shoe. Handley P p pf(19c). Happiness Candy. . Hartford Elec Lt (2%) Hazeltine Corp (1) Hecla Mining (1) Helena Rubinstein. HeydenChmCorp(2). 7% Holophone Co (1) Holt (H)&Co (1.80) Horn (A.C.) Co... Horn&Hardart(2%). 4 Houd-Her cv pfA2%. 4 Houston Gulf Gas. Hudson Bay Min & S. Humble (2)....... Hydro El Service (2) Hygrade Food Prod. 111 Pipe Line c.0.d. (20).. 304 Imperial Chem (Ind)... Imp Oil Can n (50c) Imp Tob, Canada (25¢) Ind Pipe Line, n (12%) Indian Ter Illum Ofl. . IndusFi ctfs(b10%). Indus Fin cv pf (7) 4 Insull Util Inv (b6%). .. Insul Ut Inv2d pf(6).... Ins Co of No Amer (13). Insurance Sec (1.40). 4 Intercoast Trade Co.(1). Intercont Pete new Intl H & Inc Co(10c). Internl Petroln (1) Intl Products. ... % Int Safety Raz B 13 Intl Superpower (3 % Internatl Util (A) (3 Internatl Utilities (B) . Internatl Ummu(mn) Int Util pt pf (7). s Interstate Equities 5 Interst Eqcv pf (3).... Interstate Hos M (1.40). Interstate Power pf (7). Irving Alr Chute (1.50) % Itallan Superpowr A. Ital Superpower war.... Jefterson Elec(13%) Johnson Motor Co. Jonas & Naumburg Jonas & N em pt (3). Kellogg Switch & Sup. Kerr Lake. ....... Kirby Petroleum. Klein (H) pt pf (11.20) Kleinert Co (2%)....... Knott Corp (2.40) Kobacker Stores (1 Kolster-Br(Am shs Koppers G & C pf (6) Lackawana Sec (4) Lakey Fdy & Mch (1) Land Co o Florida. . % Lane Bryant, Inc (2).... Lefcourt Realty (11.85). LefcourtRIty pf(3) Leh Coal & Nav (4) . Lehigh Coal&Nav(new). Leonard Ofl. . Lerner Stores (2) Ley (Fred T)&Co(3) Libby McNelll & L. . Liberty Baking Corp Lily T Cup Corp (1.5 Llon Ofl Refin (2) MacMarr Stores. MagdalenaSyndicate. ... MangeiStores pf (6%4). . Manischewitz (B) $1.80. Manning-Bow B (50c) . Mapes Cons Mfg (3) . Marconi W T br sh (6! Marine Mid Cp (1.20) Marine Union Inv d & Co. Maryland Cas (4%). Mavis Bottling. ... Mayflower Asso (12).. Mead Johnson (13%) Memphis Nat GasCo. Mercantile Stores (5). Mer&MfgSecA(1.50) Mer Chap & 8(1.60). s 28 145% 15 51% 8 34 [ R I A I i I I N | + It ) L4+l I+ +4++4+ bbbt Hhbdl | L) | R I S S S R Lisev++ 441+ LA N A +1 Fl++V++1410 I+ Vhdt it FE o AL 140+ 41 P S | Stock and dividend. Met & Min Inc(1.20) Met T Cor pt pf (13%).. Met Chain Stores. Met bc to 50¢ Strs pf. Mexico-Ohio Oil. . Midl Unfted(b1% %). Mid West Util (b8%) % Middle Wst Ut war(A).. Mid Wst Ut war (B). Middle Wst Ut pf xw(6) 4 Mid Royalty ev pf (2).. Midland St Prod 2d pf. . % Midvale Co (4). . Miller & Sons (2). Ming Corp Can (26¢c). Miss River F' Cp war.... Mo Kan Pipe L (b10%). Mock Jud Vohrgr(2). Moh Hud P 1st pf(7). 4 Moh Hud P 2d pf(7) Mohawk Mining (12). Montecatini deb rts. Mont Lt H&P (2.40) Moore Drop Forg A Morison Elec ($1).. Mtg Bk. Col Am sh 1.91 : Mountain & Gulf (8¢) Mountain Prod(1.60), Mount St Pow pf( Municipal Service Nat Amer Co. Nat Dairy Prod pf A(7). Nat Elec Power A (1.80). Natl Family Strs (1.60). Nat Fam Strs pf (2) Nat Food Prod B(b2%). at Fuel Gas (1). Nat Investors new. Natl Invest pf (5%) Nat Leather. ... Nat Mfrs & Stores. % Natl Pwr & Lt pf (6). at Pub Serv (A) (1.60) at Pub Serv (B) (1)... Nat Rub Mach (2).. Nat Sugar N J (2) Natl Tlie (3).. Nat Trade Journal. Natl Transit (1)..... Nat Union Radio. 4 Nauheim Pharmacies Nebel (Oscar) (1%) Neet Inc ev A (1.60) 4 Nehi Corp (1.30).. Nelson (Herman) (2) Neptune Meter (2). Nevada-Calit Electric. . New England T & T (8). ¢ New Haven Clock(11%) New Jersey Zinc (14)... Newmont Mining ($1).. Newport Co (2). . NewQuincyMfg(10c) N Y Auction (13%).. N.Y. & Hond Ros 12 N Y Invest (1.20).....00 N Y Pet Royalty (1).... NYPwr&Ltpt (7). N Y Rio&Bu Aires N Y Tel pf (63%) Niagara H Pow (. Niag H Pow A war, Niag H Pow B war. Niagara Shares Md. 4 Niles-Bement-P (12%). Nipissing (30¢).... Noma Elec Co (1.60). Noranda Mines (3). North Am Aviation. Nor Am L & P pf (6). North Am Uti] Sec. NoAmSec Util 1st pt(6) North Stat Pwr A(8). North S Pow pf (7) Ohio Bell Tel cum pf (7) Ohto Copper. s Ohio OI1 (t2) . Oflstocks, Ltd A (150¢). Ollstocks B ($50¢). Orange Crush (1.50). Outboard MotA (1.80) Outboard Mot B..... Pacific Coast Bis. Pac Coast Bis pf (3. 4 Pac G&E 1st pf(1%). Pacific Lighting pf (6). Pac Pub Ser (1.30)... % Pac Tin Corp Spec (5). s Pac Western Oil..... 1 Pandem Oil. 4 PantepecOfl..... . 4 Paramount Cab (b8%). . Parke Davis (11.45) Patterson Sargent (2).. Penn Mexico Fuel (2)... Peninsular Tel Co. . Pennroad Corp. Penna Water & P People'sDrugStrs(1). Peop L&P A (a2.40) Pepperell Mfg Co (8). Perryman Electric. Petroleum Corp (134)... Philip Morris Ine. Philip Morris (A) & Phillippe (L) B (11.80) Pierce Governr (1%) Pilot Rad Tube A (1.20) . Pitney B Pos n(20c) Pitts Plate Glass (2). Plymouth Ol (2). Polymet Mfg ($1) Potrero Sugar. . . Powdrell & Alex (13%). Power Securities. Power Securities pf. Pratt & Lambert (16 Premler Gold (24¢) Prince & Whitely, Prince&Whitely p Propper McCallum ( Prudential Inv.... Prudence Co pf (7). Pub Util Hold war. . Puget S Pw & L pf(6).. Pyrene Mfg (80c).. . Quebee Power Co (2%), Radio Prod (50). Railway & Lt S (15) Railway & Util Inv (A).. 4 Rainbow Lum ProdA. .. % Rainbow Lum Prod B Raymond Con (2%) Red Bank. Red Warriol . . Reeves (Danfel) (1%).. Reliance Management., 21 Reliable Strs (b5%) Republic Steel n w % Rep Steel cum pf wi 4 Reynolds Bros Inc. Reynolds Met, n (2.40).. Richman Bros (3). . Richmond Radiator. . .. Richmond Rad cum pf. . Rike Kumler (2.20). Roan Antelope Mines. ¢ Rochester Cent Power. Rockland Lt&Pwr(92¢). Rolls Royce, Ltd ret: Ttolls Royce, Am pf. Roosevelt Field. Ino. Ross Gear & Tool(3). Root Refining Co. .. 10 Root Ref-cv pr pf(1.80). 15 % 25% Reiter-Foster (40c).... 3% 81 I++t 1 lg, ++ 4 AR L TR B T o o o o S B S o 0 S I S S B | I +4++ 44 +++++ 4+ o R L T SRR e AR RRE S AR L2 I++++ + MRS I4++++ +1+1 N +41 4 % Russek's Fifth Av1.60.. 17% Ryan Consolidated. Ryerson (Jos) (2) St Antony Gold. St Lawrence Pap) St Regls Paper (1). Schlt! (The) Co (l) 12% % o1 % 3214 1% FINANCIAL. 4 Schulte Real Estate. % Schulte Un 5c to$1 8. . 4 Seeman Bros (3) 4" Singer Mfg L + SouthCalEd pfA(1%). .. 2 So West Gas Util. 4 Stand Dredg (160c)’. 4 Stinnes (Hugo). 32 Strauss Roth Stock Schlette Schlettr & lnnar yt(ufi) 22 Scovill Mfg (4) Segal L & Hwde(50c) . Seiberling Rubber. Selected Ind. .. Sel In 75%prior(5%). Selec Ind75%pd(5%). SelfridgePrvStr(27c). Sentry Saftey Control Seton Leather (2). Shattuck Den Min, Sheaffer Pen (13). Shenandoah Corp. 17 Shenandoah Corp pf(ad) 46% Sierra Pac Elee (2). 7 Silica Gel ct. inger Mg (126) . Sisto Fin Corp. . Skinner Organ (2 Smith (A 0) (2).. Solar Refining (2%) South Am Gold&Plat. .. South Coast. .. South Penn Oil ( So Cal Edis pf (B) (1%) SouthCalEd pfC(1%). .. So Colorado PwA (2). Southern Corp. ... So Ice & Utilities B. Southern Pipe Line (12) Southerr Stores (A).... Southland Roy (1) Southw Dairy Prod Southw BelTel pf(7). Southwest Pen P L (1).. Spanish & Gen rets. quare Deal (B) . Stand Cap & Seal Stand Motors. Stand Oil of In (234) Stand Oil of Kan (2) . Stand Oil of Ky (1.60).. Stand Oil of Neb (13%). Stand Oil Ohfo(23%) Stand Ofl Ohio pf(7) Stand Pwr & Lt (new) Stand Pwr & Lt. B. Stan Pow & Lt pf ( Standard Screw (8). Starrett Corp. Starrett Corp pf (3) . Stein (A) & Co(1.60).... Stein (A)&Co cu pf(6%) Stein Cosmetics Inc. . Steinite Radio.. ... SterchiBrossts(i.20)... Stern Bros (B) ctf: Stetson (J B (63) Strauss (Nathan) (1%). Stromberg Carlston (l‘/n Stutz Motor Ca Sun Investing. Sun Investing pf (3) 4 Sunray Oil (40¢). . Superheater (13%). Super Maid Cor (3). % Swift Internat'l (214) Swift & Co (new) (2), Swiss Amer El pf(6). Syrac W Mch B (1). Taggart Corp (1). 4 Tampa Electric (32) Technicolor, Inc. . Tech Hughes (60c) Texon Oil & Land. Thermotd Co (2) Third Nat Inv (1 Timken Det Axle pf ( Tishman Real & Con. ... Tobacco&Allled Stiums - Tobacco Prod Export... Todd Shipyard (4) Tonopah Min (15¢). Transamer ($1.60) Trans Air Trans Trans-Lux DLPSA. Tri-contin’l Corp war. 4 Tri-Continentl Corp. Tri-Con Corp pf (6).... 4 Triplex Safety Glass. Tri Utilities ($1.20 Tri Utilities pf (3) Trunz Pork Stores(1. TubizeArtSilkB(10) Tung-Sol L (2)... 4 Tung-Sol Lamp pf (3) 4 Warren Bros... Ulen & Co. Ungerleider Fin Corp. Union American Inv. Unit Elec Ser. . Unit El Ser pur war. . Unit Founders (b2.35) Unit Gas Company United Gas war. United Gas new . Utd Light & Pwr A(1).. 40% Utd Light & Pwr pf (6). 111 Unit Molasses, Ltd...... 24% United Profit Sharing. S Finishing ($2)... S Foil Co, B (1). S Gypsum (1.60) S & Interntl Sec S Int Sec cfs(2%) J S&Int Sec 3d pd (3%). U S Radiator ctfs (2)... U S Shares Fin. Unit Stores. .. Unit Verde Extn (4) Unite Wall Paper. United Zinc Smelt. Utility Pw & Lt(al) Util P&L (B) ctfs(a Utility & Ind Util & 1nd pt Utility Equitie: Vacuum Oil (14%) Van Camp Pack. \lnClmpPk‘pt(l‘). Venezuela Petrm (20¢).. Vick Fin Corp.... Vogt Mfg Co (2). Waitt & B, A (2)...... Waitt & Bond, B (1.20) ., Walgreen Co. Walgreen Co war. Walker (H) (1). Walker Mining (734¢) Watson (JW) Co. 5 Wayne Pump. . Welch Grape Juice(t2).. Wenden Copper. . . West Air Exp (60c). West Mags Co (2). Western Power pf (7).. 107 Western Tablet&Sta (2) 36 4 White S Mac deb rt: 3% ™ annual pavmenc. Will-Low Cafeterf Wilson Jones (3) Winter (Ben) Winton Engin Woodley Petrol. Worth, Ine, A “Y” Oll & Gas. Yukon Gold Co. . Zonite Prod (1.60). RIGHTS—EXPIRE. Con Gas Balt...Apr 1 5% 4% 5% NEng T& T...Apr. 3 10 8% 10 + 4+ = 1% Lbl4++ I+ttt bihthtt H L0444 b ottt bbb lthlt H+bt 444+ 441 EENFEFFEEE FFEL +il+dd o+ P44+ +44 4t 4+ I+ R 0 I TR Y [0 [ 1 T 0 o [ o S w237 ssF sssfe F2de & wxas P #ReFsFBeaFaa s Fgpy Cs¥s"rras"¥s sesa”d S FFRess 8" s - 3Plus extra in stock. a Payable stock. . d Payable in preferred DECREASE IN STEEL DEMAND HELD ENDED Upturn in Buying Orders Expected With Resumption of Build- ing Operations. Special Dispatch to The Star. PITTSBURGH, March 22—On the first day of Spring it may be sald that the decline in steel demand appears to have ended. There is no upturn, but an Ilpt\lrn is expected by reason of seasonal requirements increasing in va- rious lines now that the regular open period for outdoar work hn -rrlvzd demand, as measured by the rate of steel produc- tion, was decidedly impressive and, of PUBLIC IS 15 BILLIONS in dollars based on iast quarterly or semle course, all the more so when ordinarily production has been increasing at such time of year. At the high point, five weeks ago, steel ingot production was at fully 85 per cent of existing capacity, while the rate in the past week has been somewhat above 75 per cent, rep- resenting about 10 per cent decrease in five weeks. The recent rate was so high that no one is disposed to predict it will be regained at any time during this half of the year. The second half of the year is another matter, but the general chances are against the recent rate being reached then. A general trade movement all along the llne, of substantial proportions, would be required and steel always hu some handicap in the second & year by reason of rail production !or replacement purposes being confined largely to the first half. (Copyright, 1930.) & — IN DEBT, REPORT SHOWS By the Associated Press, NEW YORK, March 22.—The Amer= ican public is always $15,000,000,000 in debt for purchases of retail goods. The National Retail Credit Association esti= mates that retail ‘merchants are about 70 days behind sales in their collec= tions. The association has undertaken a campaign to reduce this period to 40 or 50 days, and thereby release a good fraction of the $15,000,000,000 into com= mercial credit channels. — Form 1925 to 1929, Germany's in< come is es ted to have increased 15 billion marks due in part to gain in population, increased production industry and agriculture, and techn! progress,