Evening Star Newspaper, April 4, 1930, Page 15

FINANCIAL. . THE EVENING .STAR, WASHINGTON, D. C., FRIDAY, APRIL 4, 1930. FINANCI AL. kP A—15 GURB SHARES GAIN IN BROAD TRADING! Utilities and Industrials Share Spotlight in Ac- tive Market. By JOHN A. CRONE, Special Dispatch to The ar. NEW YORK, April 4—Utilities and industrials shared in a robust advance in today's curb market, which broad. ened as the session progressed. Electric Bond & Share rose nearly 2 points as traders briskly bid u) the utilities. American & Fore! cwcr. American Superpower, Assoclated Gt & Electric and United Light & Pownr A were active, but moved with in fractional range. Niagara Hudson Power, leader of the last two sessions, promised to set a rec- ord in volume again today as it opened in & 15,000-share block ot 20Ys l.nd by a fractional gain later reached peak for the year. Eastern States Power B duplicated its previous top and St. Regis Paper hm no difficulty in passing its best g for the year. Brazilian Light & tion, on British and Canadian as well as Amerlun buy- lns climbed to new high gr ismissal of the Federal ldo Com- mission complaint against Aluminum Co. of America, which was charged with vlulnuon of the Clayton act in the sale of aluminum sheet, caused the stock to advance more than 10 points. The improvement in wheat -brought buying into the tractor shares. Deere & Co. new ran up more than 3 points ‘while the old shares leaped 20 points. Earnings of Newmont Mining, rather than a rumor that copper producers ‘were about to form a pool to care for red metal surplus, brought a good fol- lowing into that stock today, resulting in an early gain of 7 points. Anglo- Chilean Nitrate advanced nearly 4 points to & new high record. De Forest Radio and Pflot Rldlo & Tube were the outstanding I in the radio manufacturing stoc , both issues mchur:g‘new altitudes in early dealings. American Aviation was gemlnent as a result of its application list the common shares on the New York Stock Exchange. OLD EMPLOYES RECEIVE SHOE FACTORY AS GIFT By the Associated Press. CHICAGO, April 4.—When Sels, Bchwab & Co, which began making shoes in 1871, dissolved its business, five of the old employes ‘were given one of the 11 factories. They will operate it under their names. All of the five began in humble posi- tions, one of them as an office boy. Morris Selz began the shoe business in a small shop that had survived the Chicago fire. Charles H. Schwab en- tered the firm in 1882, When Morris died his son, J. Harry, carried on the business. His death signaled the dis- solution. ‘The five employes who received the factory were C. Trafton Cole, Edward Haan, Willlam B. Rood, Burdock Mc- Gregor and Charles A, Simpson. — COMMODITY PRICES. By the Associated Press. Commodity prices last week, as an- alyzed by Census Bureau records, were 1 tending sluggishly downward. Fig- ures which follow give the index of wholesale prices for the week and com- parable periods, based on considering 100 as representing 1926 averages. addition, the selling price of a com- posite ton of steel products for like period is given: All commodities. Steel . 904 $34.8; it 36. Weak ending March 29 receding we SR A L9071 S vear 11l 988 7 Farm Buyers Live Nearby. SAN FRANCISCO, April 4 ().—More than one-third of farm lands sold in the United States are purchased by persons living within 10 miles of the acreage, the National Association of Real Estate Boards has concluded after & survey. Of 299 sales, 113 were sold to residents within the small radius. Bale MES" BONDS. Bi5ahas, DOMESTIC . Low. N 3 Aluminum Co 55 'S 102}a Igg Wi Pw 8 43 10813 74 Amer For Pow 55 ‘30 9 Lo 51885 ikl 2008 Sotay ® §0 S o 255 goma g as Det Int Brdx 52 Dix GG 8158 0055 ww 93 fny 53 '54 A 86% 36 o i3 vy 31 a5 A, 43 w:»;. 6s A '49. O : 18,2 98 0. 110 2 lnuull Plgmuu_, g, /40, 110% % Interste Power 88 ‘57 9214 v Ea 85 A 47 Xw, owwu "m;cv‘s-/,n 50 108 s wi 10273 ERR— -:...-:...m_:usz.....-...‘.:..-.-..J...-;;.; e LR R T g5 EEJ;;;;-‘-“.'"SESEE;%E: 35 =Sszsas: SEESF 8 2 AREE .. Szaepgeese = 5 | TRANSACTIONS ON THE NEW YORK CURB MARKET Notice—All stocks are sold in 3 LN 00 B IS 1§ y % Allled Aviation 61 Allen Industr 10% Allied Mills (60c). 14 Allled Mot InA(1), % Allison Drug 275 Aluminum Co of 106% Alu Coof Am D! 20% Alumin Go ) 5 Am Beverage carv 4% Am Brit & Cont. 284 AmCwith P A bl.l 34% Am Cwith PBb10% 3% Am Cmwith Po war. 20% Am Colortype (3.40). # Am Control Oil Fids. 21 26% Am Cyanam B (1. co- asl 16% Am Equities. 60% Am For Power war. 113% Am Gas & Eiec (31). lggk Am Gas&Elec pf (8). 19 5 Am In one hundred-share hfi excepti; ltdnm h lto mu- o (633) (2830), | Mish. which :‘m those stocks to n ‘odd lots only High. Low Dividend Rate. “Add 00. open. tow. B, . High w, 3 52% 424 Acme W Co vte 113), 50k 50% 80 12% 8" AeroSupply MIKB). T 10 S ) 24 19 Agfa Ansco. 24 24 28% 28% 8 81 Agfa Ansco p! 84 84 84 84 38% 21% Ainsworth Mfx $3%. 32 82w 82 3% 5% 84 Alr Investors vte. 5% 6% 5% 6% i 18% 18% 18% 18 | 44 67 803 226 Am Lt & Tract ll.). 25! 294% 294% 294% 294% 3% 1% Am Maracaibo. 13 2% 2w 2 2 16% 74 Am Natural Gas 12 16 15% 14% 14% 8% 5% Am Pneumatie 2 T T Th Th 62% bB6% Am Salamandra (3). 1 60 60 60 86% 28% Am Superpower (1). 523 84% 364 33% 35% 101 94% Am Super 1st pf 6 100 100% 100 100 95% 87% Am Superpow pf (8) 2 9% 954 95% 954 19% 17 Am Transfor (1.40). 38 17 17 17 17 14% 11% Am U&Gen Bvte 40c 97 12% 12% 11% 11% T 3% Am Yvettemew)wi 5 5 5 &5 b 30 17 Amrad Corporation. 1 241% 24% 24% 24% 14% 10% Anchor Post Fbl10% 8 10% 11 10 11 347 15% Anglo Chil Nitrate 119 38 41 864 38% 4 2% Anglo-Nor Hold, 25c. 1 8 3 3 3 28% 9% Arcturus Rad Tube. 3 18 18% 18 18% W W Aris Globe Copper.. 18 - W 16% 8% ArkansasNatGas... 27 16w 164 16 16% 16% 8% Arkansas NatGasA. 107 15% 16% 15% 16% 27% 18 Art Metal Works(3) 13 24 24% 23% 23% % 6% Asso-ElecIndLtd.. 12 7% 8 % T b51% 48% AssoGas&Elec,n.. 6 49% b50% 49% 50% 46%s 86% Asso G&E. A (12.40). 28 40% 42% 40% 42 11% 7 Asso GEE A debrts. 4 10 10 9% 9% B55% 39% Asso Rayon pf (6).. %2 50 B2% B0 B2Y% 28% 27% AssoTel Utll (b7%). B 27% 27% 27% 27% % % Atlant Fruit & Sug. L T T 1 % Atlantic Lobos. . 2 % by % 24% 154 AtlanticSecCorp.... 7 24 24% 24 24% 26 22% Atlas Plywood (2).. 3 25 26 25 25 15% 7 AutoMusio(A)(1).. 8 7% ™% % 1% 8% 4% Auto Voting Mach, . 1 6% 54 bW 5% 17% 9w Auto Vot Macvprpt 1 12 12 12 12 4815 24% AviationCorpofAm 5 46% 464 45 4% n 12% Aviation Credit. 1 16% 16% 16% 16% 15% 7% Aviation Securitis 17 15% l'l 16 16 6% 2% Bahia Corp 23 4w 4% 4 50% 46 Bancomit n 5 47w 7% 4T 4T 36% 31% Blaw-Knox Co (1 1 35% 86% 36% 6% 15% 6% Blue Ridge Corp. 84 14% 14% 14% 14% 44% 33% Blue Ridge cv of 16 43% 43% 43 43 40 80 Bow Blitmore 1st pf. 10s 30 30 30 30 49 36% Brasil Tr & Lt (2). 87 49 50% 4¥% 50 5 2% Bridgept Mach llfifl) 1 3% 3% 3% 3% 28% 27 BritAmTobB t1.20. 5 28% 28W 284 28 69 2 61% 61% 61% 61% 26 ) 1 2b% 26% 25% 25% 46 323 Bulovacv pf (3%) 2 44 44% 44 a4n 10 8 Burco.Ine. 2 8% 8w 8 8 4 3 Burco, Ino ( ST o 3% 2% Burma Corp (131 2 3% 3% 3% 3% 17% 10% Butler Bros.(30e) 7 18 13% 13 13% 6% 4% Bwana M Kubwi 2 b5 L3 % 4 94 3 CableRadioT vte. 6 6 L] 6 6 3% 2% Cab&WireLtdArcts 4 2% 2% 2% 2% z 1% Cab&Wire LtaBrets 16 1% 1% 114 1% 4% 4% C&EW pfrcts(27%c). 1 4% 4 4k 4% 7% 3% Can Marconmi........ 16 5% 6% 5% 5% 58 51 Can Pacific(new)w.d 20 3% b4 53% b3% 2% % Carib Syndicate..... 6 1% 1% 1% 1% 30 26'% CarnationCo (21%). 1 29 29 29 29 0 68 Castle (A M) (t4). 3 68% ‘70 68% 70 35 23 Celanese Corp. .. 1 28 238 23 23 33 38 CenHG&Eotfsn(2) -2 83 33 3u% 32% 86% 26% Cent Public Service. 5 324 824 32 82 41% 34% Cent PSv A (al1.76). 28 41% 41% 414 41% 39 19 Cen States El (340c) 48 38 88% 37% 38% 8% 4% Centrifug Pipe (60¢) ] 8 8 8 8% 2% Chain StoresDev... 17 6 6% 5% 6% 17 12% Chain Stores Stock. 7T 14% 4% 144 14% 25 24'% Chatham Phoe Aln-v 50 24% 24% 244 24% 26% 24 Chem Natl Asson-v. . 7 24% 24% 26 244 61% 53% Ches& Ohio cnew).. ‘32 594 61 b59% 60% 170 1556 Chesebor Mfg(t4%4). 1 165 165 165 165 43% 26% Citles Service (330¢) 132 41% 42 41 41% 93’ 88 Citles Serv pf (6)... 4 93% 93% 93% 98% 28% 20 City Mach&Tool(13) 1 25 26 26 26 84 18 Clev Tractor (1.60). 44 35% 35% 35 s 4 % b% b 8% e A “:: ls 43% 44 42w 293% 234 Com’'with Edison ll)lzfll 287 287% 2873 6% 3% Comwlith & Sou war. 168 6% 6% 18% 12% Com Wat Ser (b6% ) 8 17 16% 26 15 Consolidated Alrcraf 3 24% 24% 24% 1% % Consol Auto Merch.. 17 %1 K 8% 5 Consolidated Copper 1 Ty 7 % 124% 90% Con Gas. Baito(3.60) 5 1224 124 122% 30% 21% ConGas Ut A(2.20).. 9 30% 30% 30 6% 3 Cons Instrument. 5 4% 4% 4% 16 10 Cons Laundries .. 4 4% 14% 14% & Con Nevada-Utah. 2 EY 10% Con RewaflStrs¢1).. 1 11 11 11 4 Consol Royal (60c).. 1 4% 4% 4% 124 Continenta]OM...... 1 16k 16l 164 20 Coon (W B) Co(2.80) 2 26 25 25 38 Cooper BesspfA (3) 2 45% 45% &4 114 Cord Corp.... . 38 16% 181 16% 12% Corroon & Reynolds. 5 15 15 14% T1% Cor & Rey pf A (l).. 177 9 79 50 Cosden Oill. 3 30 Crown C&S # Cuban Cane pr opt w 43 Cumb'ind Pipe L(4). 40s 85% Cun Pry i 32 8 7% Darby Pet (1)....00 7 3 . Dayton Air & Eng. 5 435 Deere& Co (36)... 113 Deere & Conew wi., 55 2% De Forest Radlo.... 276 4% Derby Ol & Refin... 10 6 Detroit Atrcraft Cor. 11 10% Dix Gas & Utllitles.. &5 & Dolores Esperansa.. 10 12% Douglas Air (76¢)... B0 71 Dow Chemical (2)... 1 62% Draper Corp (15).. 1 3L DrescSH)MIsA8%. 9 41 Driver Harris(new). 145 Duke Power (38) 4% Duran: Motors...... 256\ East Gas & F Asso. 18% East Sts Pow B (1) East 14 Util Asse cv 1% Eastern Utll Inv A 14 Eisler Electric (1%) 44% Elec HouseUtll (2).. 24% Klec Fow AxS0 i1) 22% Blec Pw Asso A (1 28% EI P& L opt war.. 993 El P&L2dpt A (7)., ‘15% Elec Sharenidg (31). 82 El Sharehold pt (8. 19% Emp Pub 8y Al 6 Bmpire Steel Cor| 16 Eag P S opt wal 16 Engineers P 8 war 18% Europan iec +The). 8 Euro El, Ltd deb rts. 8% Evans Wallow Lead 2 Fabrics Finishing % Falcon Lead 82 Federal Screw (3 17% Klal receipts (1 36 87W Fire As Phil (2%).. 18% Fokker Alreraft 6 WFoltis Fischer Corp. 28 Ford Motor Can & 6% Ford Mot of France. 104 Ford Mot Ltd 37%e. 8% Foremost Dairy Pr.. 11% Foremost Fab (3)... 24x Fox TheatClA. 2% Foundation For Shs. 76 Franklin Mfg pf (7)¢ 26s ™ Bony Zutean aBamulen g .= [ 1, 2% General Baking . .. :g 10 Gen & Ltd rcts (808) 21 21 Gen Empire Corn 1 %5 Gen Gan&Elev pf6) 11 89% Gen GREcvpf B (6) 1 8 Gen ldus Alechol v 6 Gen Laundry Maeh lg 80 5 2z fin 30% 107 % 2% 9% st % 9% 82 8 19% 14% 84 1% ¢ %" “ & 86%, 18 4“2 2 wh 10 103 8% 18% 19 | 2% 84 uu| 38 14 14 | d0% 8| 2% 5 2% 64 6% 4% o a2 13% 13| 104 o2 | 29% ve 9l 14% 93% M., 1 1% 12w 6% Tw| 25 % .7- 4 ;:% 16 10% 21 s % a " Dividend Rate, 00. igh. 21 Gleaner Com Har(3) 8 3l 31% 99 Glen Alden Coal (8). 6 100 100 11% Globe l.'llw'rllfl 10 4% Gou [3 & 16 85 1 20 Gram'ph’ne rets 3.91 31% Graymur Cox i 220% GrA&PT (‘)..llh 50 124 Groe Etars Prod vte. 124 12% 131% Gulf Ofl of Pa (134). ZB 154% 155 % Happiness Candy 2 1% 14 88 Hartford El Ltli*l 4268 93% 95 18% Hazeltine Corp (1).. 3 29 29" 11% Hecla Mining (1)... 2 12% 18 5 Helena Rubenstein 1 6% 6% 24% Hires (CE) A (2) 2 264 264% 5 Hollinger Gold 2 6% b 8% Hudson Bay M T 12% 12! 78 Humble O] (3) 88 115% 116 374 Hvdro ElecServ (3) 21 51% 52% 10 Hygrade Food Pred. 8 1% 1% 22% Imp Oll. Can (80e).. 27 274 2T% 87% Ind Pipe L. n (12%). 2 88% 88% 46% Ind Terr Illu Oil (A) 29 46% 46% B0% Ind Terr IluOil (B) 62 b2% 52% 17 Ind Finotfs (b10% ) 7 24% 25 60 Indus Finov pf (7). 200s 64 €5% 544 Insull Ut Invibe%) 2 674 67 69% NaCoof NAm (#3). 3 83 £3% 17 Insurance Sec (140) 12 21% 22 20% Intercoast Trade (1) 8 22W 22% % [ntercoutinent Petn 15 1 1% 17% Internl Petroln (1). 17 22 22% 11% Int Safety Raz B 13, 2 12 12% 82% [nt] Buperpow (31) T 4% 45 6% Internat) Ut 3 16% 16 10% Interstate Baq 11 12% 12% 40% Interest Eq ov pf 2 4% uu 2% Iron Cap Copper. : = 2% 12 Irving Alr Ch (1. 16 24% 25 9% ftalian Superpow 4. 2 4% 4% 41% Jefforson E (13%).. & £0% b61% 100% Jer. Cen. P&L pf (7) B50s 106% 106% 1% Kirby Petroleum.... 5 2% 2% 14 Klein (H)ipt pf 11.20. 3 15% 15% 23% Knott Corp (240)... 1 29 29 % Kolster-Br (AmSh) 2 1% 1% 4 7 7 2 52 3 14% Lefcourt Real +1.85 2 23% 25% 38% Lehigh Coal&Nav(n) 9 487 48% 1% Leonard Ofl. 24 3% 4 18 Libby McNell & 6 26 26% 30 Liberty Dairy Prod 6 28% 294 Lion Ofl Refin (2). 6 27% 2T% 1 650 50 7 16% 15% 6 43% 44y 2 b4 54 0s 110 110 3 Louislana Lan& Ex. 23 4% 4 18 MacMarr Stores (1). 4 19% 19% 4 Magdalena Syndicat. 2 * & 22 Mfgs Fin Co v.tc. 9 23 24% 37 Mapes Cons Mfg (3) 1 41% 414 9% Mare Int M(53%e).. 1 10% 10% 32% Marine M1d Cp (1.30) 81 41% 42 21 MarineUnInv(1)... 2 23% 25 2 16% 16% 9 44% 45 68 2w 24 9 6214 62% Hoscom pf (4). 9 22% 234 ph Nat GasCo. 206 21% 21% & MFfSA150). 2 27 27% Chap & S(1.60). 2 18% 184 ta Ma Co (11.70). 4 32 324 8% Met & Min Ine (1.30) 7 9% 9% 25% M1d Wst Utll (b8%). 16 374 37% 97 Mid W Utevpf x 2 109 1094 1% M14 West Ut A wi 7 % ¥ 314 Mid West Ut B war 2 ™% % 16% Mid Royalty cvpf3. 2 19 19% 19 Midland St1P2dof.. 3 20 20 22 MIdl Unit (b1% %) 1 27% 27% 27 Miller&Sons (2)... 2 32 32 2% Min Corp of C (25¢). 1 2% 2% 18% Mo Kan PL (b10%). 25 28% 284 104 Moh H P 1st pf (7)..100s 108% 108% 1% Montecatini deb rts. 2 1% 1% 41 Moody's 1S pt pf (3) 1 42 42 47 Moore DrForg A(6). 1 48 48 % Mountain & Gulf 8¢) 2 % % L] fount Prod (1.60).. 5 11% 11% 7% Nat Amer Co. 5 8% 8% 81 Nat Aviation 7 18% 18% 9% Nat Baking pf (7)...100s 60 60% 20 Nat Bancservice (5) 160s 15 1% 17% Natl Fam Strs (1.60) 1 19% 19% 25% Nat Fuel Gas (1)... 2 34 3% 12% Nat Investors (new) 16 26% 274 18% Nat Rub Mach (2).. 1 224 224w 16% Nat Screen Serv (2). 4 28 28% 50 NatSteelCorpzw (3 9 66 67 29 NatSugarNJ (2).. 1 31w 31% 19% Natl] Transit (1). 1 20% 20% 3% Nat Union Radio. 14 10 104 9 Nebel (Oscar) (1%). 7 9 10 13% Neet Inccv A (1.60). 13 26% 26% 16% Nehi Corpn (1.30)... 1 25% 25% 2% New Brad Ofl (60c). 1 34 3% 88% New Eng Pow pf (6) 50s 92% 925 144 NewEngT& T (8).. 100 155 156% 18% New Hav Clock 1% 20% 20% 66% New Jer Zine (14)... 88 88 3% New Mex & Aris Ld. 6 6 105% Newmont Min (24) . 12 N.Y. & Hond Ros 3. 22% N Y Invest (1.20)... N Y Pet Royalty (1) N Y Tel pf (83).... Niagara Hud P(40c) Niag Shares Md(40¢c) Niles-Bemeni-P 3% Nipissing (30e)..... Noranda Mines (3). Northam W cv pf(3) North Am Aviation No Am Aviat A war. North Am Utf] Sec. . North Cen Tex (60¢) North St Pow A (8). Norwich Phar Co.... Novadel Agene (2) Ohio Copper. .. Ohio O11 (12).. Oflstocks.Ltd A $50e Outbd Mot A (1.80) Outbeard Motor (B). Overseas Sec (1).... Pacific Coast Bis. Pac Coast Bis pf Pac G&E] 1st pf 1% . Dec Param’t Cab (b8%). Penn Mex Fuel (2), Pennroad Corp...... Peop Drug su-: ().. Perryman Elec Co Petrol C'orp «1%)... PhilaElec ptA. ... Philip Morris inc_ . Plerce Governr(1%) Pilot Rad T A (1.20) Pitney B P n (30¢).. Pitts Forging Co. . ... Pitts Plate Glass (2) Pitts& LB (6).... Plymouth Ol (3). Polymet Mfg (31).. Powdrell&Alex t3% . Power Securities. .. Power Securities pf. Pratt&Lambert (16) Prince & Whitely .. 4 Prince& Whitely pf3 T Process Corp....... Prutiential Inv Publie Util Hold w w Pub Ut Hold Cp war. Pyrene Mfg «80e).. Low. B1% 100 4% lofi‘a 2% 15% 107% 1l 42 48 (3 11% I'hua 854 43% % 4% 101% % 11% ) Ry & Util Inv (A)... RainbowLumPred A RainbowLumPred B Reeves(Dan'l)(1%). Red Warrior itevnolds Bros lne Reynolds Met 0 3 40. ' Roan Antelope Ming Rochester Cent Pow. Rockluns Lt&P93e) Ross Stores Inc . St Lawrence Pap M. ¥t Rewis Faver 11).. Salt Creex Prod 12) Savoy Oil Schletter & yudor . Mhl- & Yan ot 3%, 10 29%. 14% - "Wn A4 9%, 0% 7 288 31% 1 14% 25 14% 51% 106% 2% 15% 107% 178% 85% 34 1 T4% 25% 10).* 1 lfl- Wm, Gordon Bueh-p.aw' Councilor & Buchanan Cortifed Publie tants Nnfian-l 6“0-6"'-6!" . (Telephone Dttectory Omission) Real Estate Investments JAMES Y. PENNEBAKER Nat.528) 1520K St.N.W. Money to Loan g t deed of trust 1 estat nterest and commission " " Joseph I Weller 0,755 ;4 Trast First Mortgage Notes FOR SALE In Denominations of $250 and Upwards JAMES F. SHEA 643 Louisiana Ave. N.W. 1851 “‘\_“T 'NSUR,W 1930 Dirtsticit, Mass. 2 A Standard Low Premium Policy for Business and Professional Men Details on Request F. T. Koons, G al Agent U, Trust Bldg. Frank. 6177 ~Prev 1930.~ ~Prey 1930.—~ Stock and Bales— Tgn, ‘Low. 288, | Hish Low. Add 00. Open. High. Low. 3°55. 10% 7% Select 9% o%| 8% 6% B A 84% 66 Bel indallotefs$%. 2 80% 80% 79% 79W| 17% 16% 3 16% 4% Sentry SafetyCont.. 8 8% 8% Kl H%| 44 35% 84 8T% 21 12 Setom Leather (3)... 1 18% 18% 184 18%| 45% 19% 54 41% 1 BTW BT BTH BTH| 8% 24% 134 26 1 8K 8% 8k BW| 114 21 9% 41 18% 18% 18% 18%| 96% Py United Gas pf (1)... 16 94% 14 4T% 4T% 4T% 4T | 49% 2T% 106 46% 2 82% 82% 382% 82%| 112% 97T 6 111% 1 8 3 28 26 29% 22% 2 21% 10s 235 285 235 235 2% 1% har. 6 2 83 24% Solar Refining (334) 1 26% 32B% 26% 25%| 19 16 United Public Serv 1.-37 17 5 South Coast. . . B 14% 14% 14% 14%| 69 60 Unit Sh Mch (13% 1 66 45% 37% So Penn Of) (133).. 256 44w 45 44 d44%| 67 52 US Dairy (A) (5) 166 66 66 66 CalBAptAC1%). 1 20% 20% 29% 29% 6 24 24 23% 24 Cal EApfB(13%). 5 27 27 26% 26% 27 19% 19 ? 8% 4% SouthernCorp...... 82 7% 84 7% 8 [ 16 9 Southland Roy (1).. 12 10 12 10 10% 5 5 6% Tk 8% 13 7% S8 W Dairy Products. 1 9% 9% 9% 9% 5 20 20 19% 19% 15% 7% 8 W Gas Otil. 2 125 12% 12% 12% 15 2 1% 1% 1% 1M o 34 3% Bk 2% 2% 5 36 b57% b8% b7% 5% 12 37w 334 Stand Oil Ky (1. n. 14 % 37 85% 86| 68 531 Universal Ins (3%). 50s 48% 444 Btand Oil. Neb(t 481 484 48% 48| 3% 2% Utah Apex (50c) ¥ 108% 81 100 104 5% 4% Utah Radio...... i 9% 62 t. 76 76 16 76 | 28 144 Utility Pw & Lt(al). 36 169% 120 Standard Screw (8). zs- 142 142 142 142 | 28% 1T% Utllity & Ind 19 87% 20 StarrettCorp....... 18 34% 86% 34% 36%| 20% 244 Ut & Ind pt 1 % 84 StarrettCorppf(2). 2 46% 46% 46 46 20% 10% Utility Equities... 3 16% 10% Strauss(Nathan)1% 1 18% 18% 13% 18%| 96% 884 Vacuum Ofl (v4%).. 18 8 204 21% 21% 21%| 144 7% VanCamp Packing.. 7 10 8% 8% 3% 34| 14% 10 VanCampPpf(1%) 4 3 19% 19% 19% 19%| 4% 2% Venezuela Ptm(20c) 10 62 7 8 6 T| 9% 8 VickFinancialCorp. 4 o th Walgreen Co.. L % &% Walker (H) (1)..... 86% 81 Swift Intern'l(3%).. e oh Mt s 26 19 TaggartCorp (1)... 6 1% Watson (JW) CO.... b 98 54% Tampa Electric 133) % % WendenCopper..... 3 % % % 861 67t Technicolor. 46 184 West Alr Exp (600). 30 44 45% 44 45 28 18% Thermoid Co (3). 89% 30 WesAutoSupA(3). 2 30% 304 30% 80% 45% 43% Tish Realty & Con.. 13% 64 Wil-Low Cafeterta.. 9 11 ‘11% 11 11% 2% % Tobacco Pr Bxports. 2 2% 2% 2%| 20 14% WillamsRC ( 2 16% 16% 16% 16% :z: ‘,1;“' ;::um-:lt'n.n).. 1:: 4:; Agk l:‘ 46 56 51 Wilson Jones ( 2 650 60 50 50 Con Tran. . ) 8 g 126 4 Tr-LuxDLPS Ay, 78 12% 13" 124 12| 15 4 [T ON&Gus. IR it 19% 11% Tri-Continental Cor. 16 18% 19 18% 1u| " % YukonGold. J0S RS N *% 4 Tri-ContCorpwar.. 18 84% 5% 8y 81| 21% 17% Zonite Prod (1.60).. 4 20% 20% 20% 204 90% 75 Tri-ContCorppf(6). 1 90 90 90 90 RIGHTS 58% 40 TriUtilitles (31.30). 6 68 68 6% 58 1 % Asso Tell Ul .. % % BN A T IamEdn. & 26 26 MY 3| gw’ 7 meTEInON ™ TH 38% 33% Tung-SolLa'ppf(3) 1 37 387 387 87 1% 1% Ludlum Steel. % 1% 1 % Union Tobaceo. . 1% % Rossia Ins... 1% 1% e g:'m’::‘:" npuSMigeno retes doliars nased oo o semi- 2 . ym e T GGG oA R0 T TS DR STOCKS. Three years ago, High (1930). Low (1930) .. Today ...... Previous day Week ago...... Year ago.. Two years ago. Three years ago, High (1930) Low (1930) INSURANCE STOCKS GAIN DURING MARCH With trading in insurance stocks more active during March than at any Time Since last Autumn's break, the average for 20 leading issues in this group broke into new high ground, -ccordtng to records compiled by Hoit, Troster, New York. The weighted nzr- age of 20 leading stocks compiled by the firm broke through to & new high for 1930 of 75 on March 28, which average also was recorded on the r.ladnl day of the month. During the month §370f the 20 issues used in the average ecuhlhhad new high records for flw‘ Bned upon the closing bid prices, the range for the month was as follows: 1eh 4. March 31 Aetna Cas. & Sur. 130 3 Actna F 1 73 Aetna_Life 8 98 | American (Newark) a1 2% as 37 40 "R 030 us, | 25 :I;,: & 3 3 fl 4 8 480 1575 U. S _Pire & 8 Westchester . 57 674 SAYS BANKS CARRY T00 MANY U. S. BONDS| Special Dispatch to The Star. NEW YORK, April 4—That national | banks are carrying more United States Government securities than necessary in their secondary reserve accounts and not enough general list bonds, thereby | reducing their earning power, is stated by Dr. Paul M. Amxu. economist of Ames, Emerich Present of low interest raws and rising bond prices will undoubted! raule in broad revisions in banks’ holdings, it is said. At present levels even the highest grade and most active bonds yield more than the call money market, which ac- counts in a large measure for the re- cent active bond market, the review says. While total security holdings of na- tional banks decreased almost $500,000,- 000 from June 30, 1928, to June 29, 1928 practically none of this decrease place in Government securitiec. Nn- tional banks‘ in general, need not carry more about one-fourth of their ueondlry reserves as United States Government ucurmu. Such a propor- tion promotes a very liquid condition among the banks cchdo DAIRY MARKET. CHICAC April 4 (#).—Butter firm; rwelpts. l2 300 tull, tandards, eues graded firsts, 24%; o flr!sl 'u2 23; sto packed fln nary firsts, storage 26%; stonae pscked exh-u, 217. Ahulun Gold Profltl mghu'. ANCHORAGE, Alaska, April = showln( a total production ol 8! 000 gld. Alnh—.l\mm 939 surpassed the m‘oducfion by more than $300,000. Net profit was $1,100,000, or almost $200,~ STOCK AND BOND AVERAGES By the Associated Press Prom Yesterday's 5:30 Edition. 30. Atandard Statistics Co.) | Department of Agriculture).—Hogs— 2015 | 1 2 : | GRAIN MARKET | CHICAGO, April 4 (Special) —The | wheat market continued its upward | trend today because of dry weather in the Southwest and strength in Liver- pool. Liverpool was 4 to 43 higher on uhort covering due to the ldvlnce \n America on Thursday. openrd 1.15 to 1!5'$v July llfih w! 1.16%, September 1.18% to 1.195. After | the first hul hcur Mly ‘1.14%, July 1.16. | September 1 Corn was 1 acted under re; 18%. | her with wheat, but re- § sales. May opened | | 88%4 to !l July. 8915 to 90%; Septem- | ber, 91 . er the first halt ;Anour my, 8785, July 895, September, | ,.. Oats were firm. {)e ed 4534 | to 457, July, 46; Semm T, 4473 to 45. After the first half hour, May 45%; July 45% to 457 ; September, 44%. Provisions sold hi(hat with hogs at the start, but reacted. .~ —— CHICAGO LIVE STOCK MARKET | CHICAGO, April 4 (#) (United States Receipts, 13,000 head, . including 4,000 | direct; M’ 10 to 12 higher; fairly | active to shippers and small packers; top, 10 50, paid freely for 160-210-pound | weights: m-pound averages at 10.00: | 340 pounds, medium to Butchers, | choice, 350-300 pounas. 9.65a10.20; 200- 250 pounds, 9.80a10.50;-160-200 pot | 9.85a10.50; XSOEIGD pounds, 960!1050 | Packing sows, 8.60a9.40. Pigs, medium | to choice, 90-130 poundx 9.00a10.20. | Cattie—Receipts. 1,600 head. Calves— | Receipts, 1,000 . Generally steady, | fat cows showing some strength. Heavy steers continue in demand, with light | kinds and light yearlings weak; top. | 14.00. Slaughter classes: Steers, good and choice, 1,300-1,500 pounds, 13.25a 15.25; 1,100a1,300 pounds, 12.75a15.25; 950-1,100 pounds, 12.00815.00; common and medium, 850 pounds up, 9.00a13.00. | Fed yearlings, good and choice, 750-950 | pounds, 12.00a14.75. Heifers, good and | choice, 850 pounds down, 11.00a13.50; common and medium, 8.00a11.00. Cows, good and choice, 8.00a10.00; common and medium, 6.25a9.00; low cutter and cutter 5.00 Bulls, good and choice (bee). 8.0029.25; cutter to me- dium, 7.00a8.: Vealers (milk fed), good and choice, 9.00a13.00; medium, 8.00a9.00; cull and common, 6.50a8.00. Stocker and feeder steers, good and choice (all weights), 10.00a11.50; com- | mon and medlum, 8.00n10110. | LONDON, April 4 (£).—A model of the Prince of wfies ranch near Hi h River, Alberta, will be exhibited at worla \m.ri congress to be held ln’ occupy 100 square feet o! ploe | compose consulate staff. The year 1929 was '.he Fran NEW YORK COTTON NEW YORK, April ¢ (Special).— Cotton prices continued their unconven- twul course today with a show of trength in the face of a flood of mar- ket letters advising sales. Floor traders now take the view that yesterday’s gain came at an lnopponune time and will pmbabl serve stimulate yla.ntu:z. which eonsldexed already to ‘The South continved io ull with local trade | nent as the best buyers. trade houses and the conti- prices were, May, 16.60, up 4; Opening g“ly‘ 16.70, up 7; October, old, 16.15, up | | October, new, 15.85, up 5; December, old, 16.20, 'up 4; December, new, 1. | up 4; January, old, 16.25, up 1; January, | new, 16.02, up 2; and erch, 16.15, ‘“93 Trade With France Grows. PARIS, April ¢ (P).—Growing com- mercial relations between France and the United States are indicated by the big force now attached to the American consulate at Paris. Fifty-six persons now t year in the history of bigges! co- American commerce. Real Estate Loans Made Linkin s Co. INTERNATI! FATER ¥ A<:our AND Boston. Mass, March i, e The | Fesuls % errec s Com) S Prerdtea 8 ""“”‘fi."{;u‘ ¥ ey pevs able April 15th, 1030, to holders o n’oor% at the close of business, March 29th. 1930 Checks to be malled. ' Transfer ‘books wil it 5 R. G. LADD, Assistant Treasurer. BUSINESS INSURANCE A New Low con l.lf. Cl!lrlei lninnel.l’::l:hlkol* ‘l't'v:nn Years LEI}OY GOFF 1036 Woodwi ding Nat'l 0340 REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD Advantages incident to direct representation 1520 K St. NW National 0475 First | ! Mortgage - Money z for BUILDING LOANS or IMPROVED PROPERTY Reasonable Rates Prompt Action {B. F. SAUL CO. Nat'l 2100 | 925 15th St. Reserve District No. REPORT OF CONDITION Merchants Bank and Trust Company Of Washington, D. C., at the close of business on March 27, 1930. Loans nnfl discounts . Overdrafts ....... Dnited States Governinent ‘socurities Cash and due from banks. Outside checks and other Other assets Total 5.5.0.495-99'.":- Other bonds, stocks and sccurities owned. ., Customers’ lmbL.yy on account of acceptances executed. . house, furniture and fixtures....... Real estate owned other than banking house. ..$7,375,961.78 3,092.25 53,609.37 863,264.64 16,150.50 197,722.40 170,373.59 1,001,852.76 42,979.30 49,125.54 +.$9,774,222.13 owned. 27| 000 greater than 1928, when the net was | 13. Capital stock paid in $1,000,00000 Ximaf 16. Sesevsesss 0,000.00 8 rves Ol’ A2 en . zw! NEW YORK BANK STOCKS |a1. nu“: "t banks, including certified and cas i 1% | NEW YORK, April 4 (P).—Over-the- |23 Den i dchoaits” 437090739 *aw counter marke 23. 'mm deposits ... 3,348,439.44 i 26, Bills payable IM ,668.11 31 | S Agkea. |31 Other liabilittes ... ... 16,034.05 i [BEES V. 3% T14,222.13 33-.' rosaway Nation i 'rm ST 0erea 89,774,222, 1% | Zhat Eh v T BARRY J. DONOGHUE, treasurer of the above-named bank, do solem: 09| Eifth v swear that the above statement is true to the best of my knowledge and Y| Eam X bscribed befc this an"d'aly)o:' LR S nd sworn to before me of N . 10 | Manhacis i m;n) ;m CHARLES J. CRUMP, Notary Public. : ct—Attest: fi‘f > JETER A. DRURY. JLEM B = . FINLEY, LEWIS M, THAYER, 7 hemical 86! X A A 5 20k unte e B NOBLE P. BARNES, ERNEST GERSTENBERG, ax il . P. HARMAN. Jr, e Loan Applications Invited at Current Rates of Ifl‘cfe.' on improved property in the Die- triet of Columbia and nearby Maryland. Prompt Service { —Minimum Charges | HANNON - & LUCH 1435 K St. Nat. 2345 Attractive OFFICES SAUL SUILDING 925 15th St. N.W, A strictly fireproof and thoroughly modern office build- ing in the center of Washing- Business and Financial District. Ideally situsted for real estate, brokerage busii Rents Most Reasonable B. F. SAUL CO. 925 15th St. Nat'l 2100 o s e s s A sl e s s i s s . s i i Vol S Refinancing or Construction of Dwellings Prompt Answers BOLEEHELPS 1417 K St. N.W. Nat. 9300 { S I G YOUR APRIL DIVIDENDS « + . reinvest them in ‘e Guaranty 6% % ST MGRTGAGES o 20 Make your dividend checks do extra work . . . by investing them in our first mortgages. Secured on improved Wash- - ington real estate and backed by" our $3,800,000 resources. In denominations as low as $250 Stop in, or Send for Booklet “The Success Plan” May be Purchased on i Monthly Payments o < b REALESTATE ol MORTGAGE & GUARANTY: COoRPORATION . Capital Resources over $3.800,000 24 JACKSON PLACE