Evening Star Newspaper, April 1, 1930, Page 15

AWANGEBN CURB | LED BY UTILITES Ooi Also Active and Higher. { Market Displays Firm Torte. . BY JOHN A. CRONE. Epeélal Dispatch to The Star. NEW YORK, April 1.—Utilities and olls were the star performers in today's active and firm curb market. n?n than a score of leading power light issues were whirled to rec- ord: high levels in the brisk Mdfllu tha$ followed publication of earning npku and the renewal of merger l!ec\‘.rtc Bond & Share ran into con- siderable profit-taking after its spurt in the preceding session, which it ab- sorbied well. This was true also of American Super- power and American Gas & Electric, which seem to be most favored by traders today. Central Stl!el llectric Eastern States Power B, d Lighting, Hydro tes, and Middle West were the first to climb to the year. Niagara very active and inclined hnher levels. ‘The miscellaneous oils, led by Gulf ©Oil of Pennsylvania and Cities Service, were the first to attain new high ground for the year, but they were followed by Standard Oil of Indiana and some of the lower-priced issues. Lion Ofl advanced about 2 points fol- lowing the announcement that it has completed wmrrangements .to sell ethyl gasoline. ‘The Indian Territory illuniinating group again bulked large in trading, whether considered oil or natural gas traded in heavil tural Gas e!eteded its & Fuel and Missouri-Kansas Pipe Line. ‘The inactive Illinois Pipe Line, whose shares are be exchanged for Ohio ol/.. ©Ohio Oil opened ounds, 9.30a9. o.35; 160200 pounds cutter palers (lulk fed), .ood And choice, 00a13.50: meckum, 8.00: ; cull and nmon, nonoo Mlel' and choice, all weights, ozuu 75; common and medium, f .25810.75. Sheep—Receipts, 18,000; opening slow; scattered sales around 25¢ lower; early bulk fat lambs, 9.00a9.50: top, 9.75; fat ewes, quotable steady around .50 down; feeding and shearing lambs, and choice, 92 | BANK CHECK REPORT. By the Associated Press. 3 lmb-mn &' os Am ul 3 238 55 4 U"l[ ferhi e a» g i ut‘s-.om—-wa...—:eu.—.‘...m...».-u S SIS s 222328333335 23383 ! Ed a 8 Pow Co s 41 97 lPue 8 P &L IR Y 1024 2 Pure Oil 973, Iflho—‘ll stocks are sold in excepting those designated by THE EVENING STAR, WASHINGTON, D. €, TUESDAY, APRIL 1, 1930. one bundred-share by the letter & (65s) (283s), which shows those stocks to be sold in edd lots only ~Prev 1930.~ High. Low. Dit at 52% 424 Aeme W Co vte (12). Aero Supply Mfg B). B1% 214 Ainsworth Mfx 12% . Q 32 140 © 126 -Ala Gt Sou pf (7)., 40- |0l 2% 1% Alexander Indust 20% 18 All AmerGenCorp.. 'IE eu 4 Allegheny Gas Corp. % Allled Aviation. ... .. 37'4 33 Allled Int Inv pf (3). 154 10% Allfed Mills (60¢) 108 Aluminum Co, Ltd. . 20% Alumin Goods (1.30) l:“ :: ri‘fiu‘c;l) . everas D, . 4% Am Brit @ &l 37% Am Cit PAL A (a3). 14 AmCP&L B (b10%) 23% Am Cwith P A b10%, 344 Am Cwith PBb10% 8% Am Cmwith Po war. % Am Control Ofl Fids. 29 25% Am Cyanam B (1,60) 114 3 Am Dept Stores, 2 16% Am Equities.., 60% Am For Power wai 113% Am Gas & Eieo (21). 105% Am 10 Am Invest Inc B.j.. 4% Am Investors (war). 225 Am Lt & Traet (18). 72 Am Light & Tractn. 105 Am Lt & Tr.pf (6)... 2| 31% Am Maize Prod (2).. 14 Am Maracaibo, T% Am Natural Gas 55' Am Salamandrs (3} 9% Am Service CO...... 28% Am Superpower (1) 87% Am Superpow pf i6) 94% Am Super istpf (6) 19 11% Am U&Gen B vte40e 60 Am Yveite « s w - o R DA 000 B o 8% Arkansas Nat Gas, 8% Arkansas Nat Gas A. l'll 18 Art Metal Works(8) 4 2 Asso-Dyeing & Ptg.. 4 5% Asso-Elec Ind Ltd... 52 36% Asso GRE. A (12.40). 83 50% Asso Gas & Elec, n.. 7 A880 GAE A debrta.. 1 Asso Laund (1306).. 4% Asso Ray \ uu Atl Coast Fish(1.40). Atiant Fruit & m. Alh- Plywood () 7 Auto Musie (A) (1).. 4% Auto Voting Mach. . 4% 24% Aviation ot 144 T Aviation Becuritie 141 122 Babcock & Wil (19)., 6% 46 Bancomit new (1.60) 81% Blaw-Knox Co (1%) o - nu——g‘nr—-u- g Sxnawl t. 51 Bruce(E L) Co(2%). 24% Buft, N&BP pf(1.60) 32% Bulovacv bt (3%).. 65 Bunker HIll & S 63 2% 'Burma Corp (131e). . 10% Butler Bros (30e)... 3 Cable Radio T vte. 2% Cab&Wire LtdA rots 314 Can Marconi........ 28% Canada Gypsum 1%. 51 Can Pacificinew)w. % Carib Syndicate. 261 Carnation Co (3134). 40% Carrier Eng n-vA(l) 23 Celanese Corp. ..... 80 “Celanese 1stpf (17% ) 81 Celanese Corp pft7). 26s 3% Cent Atlantic Btates. 34% Cent PSv A (alL.95). 15 19 Cen States El (140c) 72 Cent Sta Bl pf(8)xw. 4% Centrifug Pipe (60¢c) 2% Chain Stores Dev... 61% 53 Ches & Ohlo (new).. 170 165 Chesebor MIg(14%). 2“ 2“6 Cities Bervice (3308) 1 Citlen Serv pf (6)... City Mach&Tool(13) Clev El Illum (1.60). Clev Tractor (1.6 3% Club Alum Uten. 5 Colon Oil..... 2614 Colts Pat Fire A (2). 24 Columbia Pictures. "W Columbia Syndicate. 3 298% 234 Com'with Edison (8) 20s 3% Comwlith & Sou war. 106 121 Com Wat Ser (b6%) 12 16 Consolidated Alreraf % Consol Auto Merch. . 1% CA M Co cum pf.. 6 Consolidated Copper 18% Cons Datry Prod (2).'_ 90% Con Gas, Haitol3 60) 211 Con Gas Ut A12.20 13 Con Gas Util,B v. 3 Cons Iustrument. 10 Cons Laundries. 10% Con Retall Strs u) - 124 Continental Oil.. 28 Coo - - e 2 09 0= i e 0803 O 80 8 85 PP S o 39% Coty Soc Anon rets. . 10% Courtaulds (50¢) Cuban Cane pr opt w. Curtiss Wright war, Cusi Mex Mining Darby Pet (1). Dayton Alr & Deere & Co .61 - o . 2 Su-..,.muon.x......_-u—n--oo-o.‘-.w.. @ o saRadnome Duke Power (36) Durant Mo 8% 26% Fast Gas& ¥ Ass 30% 18% Kast Sts Pow B (1).. 15% 7% Eastern Util InvA.. 23 14 Elsler Electrie (1%) 112% 80% El Bond & Sbh (b6). .. 108 103% El Bond & Sh of (6). 36% 24% Elec Pow As80 (1) 220 284 Ex-Ci AerT(l") Fabrics Finishing ... Federal Serew 13). .. Ferro Enam Att4%) Stk deb rt Fiat receipts ( 87% Fire As Phil um 4 First Nat Copper, Fokker Alreraft Foltis Fischer Corp. 28 6% 104 2% Foundation For Shs. 214 Fox Theat Cl A. Sales— Add 00. Open. High 49% Low. 48 1% 18% 22 304 141 M 2 lots u 11% 18% 22 82U 141 2! 122 260 1% 29% 1547 33% 114% % 1% 4% 10% 18% 13 19% 42 86 27% 115% 2204 1% 28 181% 15 18% H. 5 GrA&P Teapf (7). GrA&PTnv().. Grifith D W) A. Guenther Law (2). Gulf Ofl of Pa 1% Hall Lamp (1.50) Happiness Candy. ... Helena Rubenstein Hires (CE) A (2). Holophone Co (1).. . Holt (H) & Co(1.80) Horn (A C) Co. Hydro Elec Serv ll) Tl Pipe Lire (20)... 1mp 011 Can (80e) Ind Terr Tllu Oil (A) Ind Terr Illu Ofl (B) Ind Finctfs (010% ). Indus Fincv pt (7)., insull Ut invib6% ). Insull Ut in 24 pf 8 InsCoof N Am l'l Insurance See (1. Intercoast Trade 41) Intercontinent Petn, 4% Int] Holdg&Inv 10e.. Interni Petrol n (1).. Internat Products. Internat] Ut Internst! Utll (war). Intl Utilities pf (7)., Interstate Equities. . Interest Eq cv of (3) Iron Fire vte(t1% ). Irving Alr Ch (1.80). Italian Superb war.. Italian Superpow &.. Jefterson B (13% ). Jon & N cum pf (3) Kirby Petroleum. Lackawanna Sec(4). Lake Superior Corp.. Lakey Fy & Mch (1). Land Co of Florida. . Lang Unt Bak B (2). L4 Isld Lt pf (). ll? na Lan & Ex. MacMarr Stores (1). Man-Bowman A (1% Mfgs Fin Co v.te.... Mapes Cons Mg (3). Mar W T br shrs 62c. Marine M1d Cp (1.30) 4 Marland of Mexico. . Marshall Fleld & Co. Mavis Bottling..... Mayflower Asso (33) Mead Johnson(t3%) Midland St 3 of.. Mid Wat Util (b3%). Mid W Ut ev pf zwé. Mid West Ut A war., Mid West Ut B war.. Miller & Sons (2)... Min Corp of C (25e). Miss River F Cp war Mo Kan PL (D10%). Moh H P18t pf (1).. % Mohawk Mining(12). Moody's 18 pt pf (3) Montecatini deb rts. Morison Eles (31)... Mount Prod (1.60).. Municipal Service. Nat Amer Co.. t Aviations Nat Bancservice (5). Nat Dairy P pf A(7) Nat El Po A (1.80).. Natl Fam 8 pt (2)... Nat Fuel Gas t1).... Nat Inve Nat Sereen Serv l.l. Nat Steel Corp xw (3 NatSugar NJ (2). Natl Trade Journal.. Natl Transit (1). Nat Union Radio. Nebel (Oscar) (1%). Neet Incev A ( ). Nehi Corpn (1.30). Nevada Cal Elec. New Brad Ol ¢ New Eng T&T (8).. Newmont Min (34 Newport Co (2) N Y Invest (1.2 "M # C I SURASY =..:.._..§..=-=..=._..§.... O e 10100900 0 TN 38 e ™ I & o e " LT - -.-»-—S'S-umea-auua.—m.. o S 14 NY Pwr & Lt pf (6).1268 N ¥ Telpf (8%). N Y Transit.n t1.70.. Niagara Hud P(40c) Niag Hud Pw A war, Niag Hud Pw B war. Niag Shares Md(40¢) Ntles-Bement-P 133§ Nipissing (30c) North Am Aviation.. No Am Aviat A war., North Cen Tex (60c) North St Pwr pf (6). North St Pow A (8).. Novadel Agene (3).. Ohio B Tel em pf(7) Ohlo Brass B (8). Ohio Copper.. Ohlo O1l (12).... Otlstocks.Ltd A 3600 Ollstcks Ltd B ($50c. Qutbeard Motor (B). Overseas Sec (1). Pacific Coast Bis. Pantepec Oil. Param’t Cab ( Patterson Sargnt (3) n Mex Fuel (2) inroad Cor Peop L&P A(a2.40) Petrol Corp (1 Philip Morr! Philip Morr! Plerce Governr(1% Pilot Rad T A (1.30). Pitney B P n (21 Pitts Forging Co Polymet Mfg (31, Potrero Sugar. Powdrell&Alex 13% Premier Gold (34e) Prince & Whitely. .. Prince& Whitely off. Propper Mccaumll) Pyrene Mg (80e)... Quebec Power (23%). Radio Prod (60).... RainbowLumFrod B R!d Warrilor. W Ranuhnn Steel n wi. Rep Steel cum pt (6) 5% Reynolds Bros In Reynolds Met n 7% Richs, Inc (1.20). Rochester Cent Pow, Rocklans Lt&P(93¢) Roosevelt FMeld. Ine. Root Ref ev pr pt 1. ... 1508 1 816 26 21 4 16 6 2 10 82 87 4 2 2 9 1 2 1 1 8 13 9 2 2 2 13 87 - B L T -TSTRR-T - PP S P T @ e - - Bo-Sorumo rsxranne e July, 107%; Bales— Add 00. Open. High. Al Tr-LuxDL P8 (A). Trinidad Leasehold., s Tri-Continental Cor. Tri-Cont Corp TH-@I!M."(". Triplex Safety Glass Tri Utilities (31.! .l ‘Truns Pork 8 (1 Tub Art 8iik B I. 120 ‘Tung-Sol Lamp (2) Unge er I Corp Union Amer Inv Union Tobaeco. Utd Carr Fastor 1.30 “ Uni Chem pt pf (3). 2‘“ United Corp war. e NEW YORK COTTON. NEW YORK, April 1 (Special).— ‘While cotton prices were unchanged to 9 points higher at the opening today, there was a cautious element in the trading, und ring sentiment did not I.ncllne Efl further southem sel was offset by onr-u buying, while mee\lh the trade and commission houses kept out of the mar- u old 15.98, new, 15.66, up 6; .Ylnu , up ‘6, and up 3; January, new, March, 15.80. GRAIN MARKET. CHICAGO, April 1 (Special). —The wheat market had a firm tone early ln the noe of weakness in Li ing bec-u.e the rain forecast tor Southwest did not mat 100% to 100%: July, 101 la 107%; September, 100% to 109%. After the first half hour, May, 110; 'mber, 110. was higher on buying influenced 24 | by unsettled weather. May 84% to “'6 July 86l to 86 ‘fiwb' tember, 86%. After the first half hour, 847; July, 86%; September, Oats were firm. May opened 44, July, §3%; September, 42'4. ' After the first hour, May, ‘4'3; July, 43%; Sep- u?mv{lmmflm Wholesale Gasoline Prices. NEW YORK, April 1 (#).—Whole- sale n.lol!ne rices at Chicago are fll‘lll!! States motor 633a6% cents a gallon, lnlnn esucs. cents previously. —Prev 1990, Low. 2:85. | High. Low. 34 38% 33w R4 90 881K 88| 45% 28% 11% 96% 49% 112% 55 62 24% u 2% 28% 28% % 80 20% Dividend Rate. °Ada 00. Open. High. 35% Utd Founders(b2.35) 114 37% Zonite Prod (160).. RIGHTS. Asso Tell Util 7% Ind Ter Iil Of FINANCIAL. lfl Money to Loan -"& Secured deed of trust 1 mv:rl.tilhnfllll "-':..:‘"" 381 Joseph I Weller Sty d e Unit Milk Prod pt. Unit Sh Mch (13% U S Dairy (A) (5) Unit V.'C' Bxt (4).. United Wall Paper.. Universal Ins (3%). 50s Utah Apex (50¢).. 2 Utility Pw & Lt(al), UtiIP&L B ctfs (a1). Utility & ind.... Ut & Ind pf (1%) Utility Rquities. Vacuum Ofl (14%) Van Camp Packing Venesuela Ptm(20s 214 21% Expire. Aprif 1 K % % & Apr3o 12 % % Th % fesed on wet guarterly er emi *Ex-dividend. 1Partly extra. IPlus extra In stock. lm‘ oreferred stosk. eash or stock. h Payable in stock. @ Pavable tn RUBBER FIRM MERGER REPORT IS REPEATED By the Assoclated Press. AKRON, Ohio, April 1.—Predictions that the way d be opened for & $500,000,000 merger of rubber com- it 20 ot meing oL 2 0. m( official denials, e Increase of the 4 Goody: the ver, | States Rubber Go. and aemerun; Tub- P. W. Litchfleld said Good- ol - flu pllnl or defl- ni rogram of extension” ding such a merger. He termed it u "unfl- u- mumn ry enable oppemnn increase presti economical production of tires.” Bethlehem Steel. mm N. J, April 1 () —Eu- e G. Grace, president of the Beth- hem Bteel O Corporation, stated at the anni meeting of stockholders today 2,50 per common share, m that Al r‘ are scheduled at 85 per cent capacity. POBEIGR EXCHANGES. (Quotations !urnlfiufl N;l 1: ah‘“ "mn STOCK AND BOND AVERAGES By the Associated Press. Prom Yesterday's 5:30 Bditien. 1930, Atandard Btatisties Co.) Convenient Locations Main Office: m.é'" first quarter earnings emee‘d’reg & NEW YORK BANK STOCKS NEW YOI April 1 .—Over the counter mrfi:! i America ank of nk, of roadway Chase_Nation: INVESTMENT TRUSTS NEW YORK, April 1 (#).—Over the counter market: m Founders (new). oy Xy Fita v FF 7% " phd. Trustee Sh Diversiied Trustee Sh:'g' £ rsified Trus & By grs nugeses,, £=8 2 CONSOLIDATED GAS. BALTIMORE, April 1 Wnlolmled , Elec- tric Light & Power Co. of Baltimore for the 12 months ended February 28 show substantial increases over those for i2 mm the report, Just mm re! amounted g nmooow. nmaln 4.94 per eem u same period las u Surplus Ior'.hz 12 months after divi- dend; and other a:hm was um- | 591.81, an increase of firm the next few as the mmthd‘elnn:'mwrut and di m“'% cleared at the banks, QURISHAK Lm VROLE SALE CONDENSED REPORT OF CbNDlTlON THE RIGGS NATIONAL BANK of Washington, D. C. At the Close of Business March 27, 1930 1503 Pennsylvania Ave. N.W. Farmers & Mechanics Branch: Wisconsin Ave. & M St. N.W. Friendship Branch: Wisconsin Ave, & Warren St. Dupont Circle Branch: 1918 Mass. Ave. N.W. Northwest Branch: 18th St. and Columbia Road Park Road Branch: 14th St. and Park Road Seventh Street Branch: 7th and Eye Streets Loans and Discounts . U. S. Government Securmes . RESOURCES .0...$32,042,843.42 9,815,158.35 4,642,276.36 Banking Houses and Furniture and Five per cent Mmptlon Fund P AR Due from Banks .. Cash and Reserves . 2,949,847.75 50,000.00 3,628,417.21 3,882,746.68 $57,011,289.77 LIABILITIES .....$ 8,000,000.00 Surplus Net Pmflh Illll Ruetvo for Con- tingencies ..... 796,375.74 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. NW. 64th Issue of Stock Now Open for Subscription Money loaned to members on easy monthly payments James E. Connelly James F. Shes President Secretary Money to Loan on Property in the District of Columbia First Trusts Only Immediate Attention Wm. H. Saunders Co. Inc. 1438 K St. N.W. Dist. 1018 Mortgage Loans Lowest Rate of Interest Long or Short Term Construction Loans Glover & Flather 1508 H St. N.W. National 1753 925 15th St. N.W. A strictly fireproof and thoroughly modern office build- ing in the center of lfnh brokerage business. Rents Most Reasondble B. F. SAUL CO. 925 15th St. Nat'l 2100 Invest Your Money Where Safety Is Guaranteed There's absolutely no element of risk in Guaranty First Mort- fil'e notes and bonds. These non- uctuating securities are secured on income-producing properties in Washington, and backed by our $3,800,000 resources. Issued to Yield 635% We have a selected list of first mortgages issued to yield 6%4% we should like to submit for your approval. In denominations as low as $250 St ln. or Send Jooklet s m’;rlmv' REALESTATE MORTGAGE & GUARANTY % CorPORATION Capital Resources over $3,800,000 24 JACKSON PLACE “pICK UP” $1soo ONTHLY der the Investcrs Syndicate Plan. Larger amounts In proportion. Find out the wonderful things you can through the Investors Syn- dicate Plan. Payment sched- ules and full information on request. Use the coupon. mmmecccceneeneeemeee o information ‘Sn ‘the inves: tors Syndicate Plan. NAM® ceoveconranccsarsnanconce Address .....cocceeeescsnsisnee INVESTORS SYNDICATE FOUNDED-1894 BARR BUILDING WASHINGTON, D. C. Teleshone: Metropoliten 1879 ©PICES IN 81 PRINCIPAL CITIRS 14% Franklin Mfg (2 Ross Stores, Ine. ... 10“ Ga: L3 St Rexis Paver (1! 25% Gen Baking pf (3)... 10% Gen E Ltd rets (60¢) 21 Gen Empire Corp R5 Gen Gas&El ev pfi6) 89% Gen G&E cv pt B (6) 8 Gen Indus Aleohol. . 32 Gen Petrol Corp 9% Gen Rity & Utilities 69 Gen R & Uil of 20 Gen W WAE A (3).. Gleaner Com Har(3). Glen Alden Coal Reserve for Dlvldends (Payable April 15, 1930) ............ Reserve for Taxes and Interest .... 183,898.92 Doposits ...ccovcivocnnsnsene 48,664,702.21 Clreulation .......vco00eencoees s 983,080.00 Agreements to Repurchase U. S. Government Bonds Sold . . Complete Banking - e mme 225,000.00 @ mEaeSKBo~ 158,232.90 $57,011,260.77 Trust Service - T