Evening Star Newspaper, April 13, 1930, Page 76

4 F SPECIALTIES LEAD LATE CURB RALLY}.z: High. Low. Close. 100,19 98.26 Lib 3348 1932-47,,.,.,100.18 100.13 100.16 101.16 101.10 101.16 102.10 100.28 Lib ¢th 414 # 1933-38, 101.28 101.19 101.21 101.10 101.2 1018 Utilities Also Featured in Up- ward Trend After Profit Taking. BY CLAUDE A. JAGGER, Associated Press Finantial Writer, NEW YORK, April 12.—The curb market was subjected to a moderate amount of week end profit-taking to- day, but operations for the advance were resumed in some of the utilities and specialties before the close. Mod- erate losses were numerous at the close, but a handful of issues were substan- tially higher. Trading slackened con- siderably from the fast pace maintained during most of the week. Electric Bond & Share gained more than 2 points, and American & Foreign Power warrants were bid up 4 points in the final trading. Hydroelectric se- curities sagged for a time, but rallied to close at 55, its high of the year, and up 1 point net. American Light & ‘Traction new stock dropped 3% points in profit-taking, but then rallied to close with a loss of less than a point. The United Gas stocks continued the rally which set in yesterday, the cer- tificates closing up about a point. Con- solidated Gas of Baltimore lost 2 points. The industrials and specialties were highly irregular. Fairchild was again a feature of the aviation issues, rising more than 2 points to a new high for the year at 10. This company is con- trolled by Aviation Corporation. Fok- ker, on the other hand, sagged. Deere new stock encountered considerable profit-taking, ending the day with a loss of a couple of points. Oils were dull and inclined to ease. Vacuum lost about a point, and Cities Service sagged fractionally. COMING WHEAT CROP IN CRITICAL PERIOD Southwest Is Chiefly Concerned With Prospects for This Season’s Harvest. Special Dispatch to The Star. KANSAS CITY, Mo, April 12— Naturally the attention of the South- west is just now centered on the com- ing wheat crop. This is its critical period and harvest is only 10 weeks away. High winds and extreme tempera- tures during the closing days of this week have damaged wheat in some sections. However, generous rains in the next few days will repair much of threatened loss and & crop above that of the last two years is yet possible. The present is the longest Spring drought in 15 years, The sustaining factor is moisture in months preced- ing it. !rex-s‘ Oklahoma and Kansas all have increased acreages over 1929, and there is allowance for a falling off in condition in localities, yet with a pos- sibility of a yield far exceeding last season. At present there is a need of soaking rains too long delayed, but which will, if they come soon, bring about a change of the situation for the better as concerns yield. While a waiting attitude has existed for the last month because of the un- certainty of the yield and the probable price level of the wheat belt, other things have been going on. One is the activity of the farms in Spring planting, which is taking up the slack in unemployment and is giving to the “arm country an earning power. To be suie, the producers are leaning heavily on the local banks to carry them until 4n income is at hand, but that is expected at this period. Likewise there is some dilatoriness in collection because of the lack of ready cash. Merchants complain that custo- mers _are demanding time. Implement and hardware men are carrying heavy shipments of harvest machinery, but purchases are delayed until the outcome of the fleld is assured. (Copyright, 1930.) CHAIN STORE SALES DECLINE IN MARCH INANCIAL. 10— 101,28 100,10 Lib 1st 43 s 1932-47 101,24 98.30 US3%s u«m: 4 4 106.17 103, 1094 10116 US 113.14 109.24 US 448 1947-52 FOREIGN, Argentine 5s June '89. . A 57 Belgium 8s'41 Bolivia Ts ct 69, Bordeaux 6s ‘34, Brazil 8s '41. h Denmark b%s 1985, Denmark 65 ‘42 4 German Bank 6s German 75 '49. Greek 65 1968. Irish Free State 53 '60 Italy 78’51 Japanese 6% s ‘54. Kreug&Toll 68 ct wi ‘69 Mexico 45 1904-54. Milan 6%s°52. .. Netherlands 6s 7 4 New South Wales Norway b%s Orient Dev 6% Paris-Lyon: Queensland 6s°47. Queensland 7s ‘41. 4 Rhinelbe 7s Rhine Westphalia 4 Rio de Janeiro 8546 Rome 6148 '62... Sao Paulo State of 8536, Seine Dept of bs,Croats&s Serbs Croats Slov Swiss 5148 "46.. ‘Toho Elec Pwr 7s Utd Kingdom 5%s '37 Uruguay 68 1960 Vienna 6s 1952 Warsaw 78 1958, Yokohama 68 '61... MISCELLANEOUS. Abram & Straus 5% s'43 Alleghany Co cv 58 44 4 Am AgriChem T}48'41. Am Chain 65 1933, 1025% 9815 101% 984 824 7215 Am Internation %8 49 Am Natural G 6% Am Sm & Ref 1st bi Am Sugar Ret Armour & Co 4%s Armour of Del 5343, Atlantic Ref deb 55'37.. 4 Bell Tel (Pa) ref &s'48. Beth Steel p m 53'36. .. Certain-teed 5155 1948, Chile Copper 58 "47. Colon Ofl 65°38. 4 Columb G & E deb 58’52 Comm Invest 51434 Comm Invest deb 68 4 Con Coal (Md) 1st ref b Cuba Cane Sug cv deb Detroit Edison ref §5'40 Dodge 6540, Duquesne 4155 196 East Cuba Bug 7%s'37. General Cable 5343 1947 Gen Motors 6s'37. Goodrich (BF) 635847 Goodyear Rub 58 1987 % Humble O& R5%s ‘33, Inland Steel 448 1978 Inter Cement 65 '48. Inter Match 6847, Inter Mer Marine 65°41... Inter Paper 53 A ‘4 4 Int Tel&Tel cv 438 '39. Kendall 5348’48 (war). Lackawanna Steel 58 '50 % Laclede Gas5%s Liggett & Mvers bs '51. Loew’s Inc 63’41 war. Loew's Inc 65 ex war'4l Lorillard 5%s'37. Drop of 2.12 Per Cent Noted for ~ Total of Fifty U. 8. Concerns. Fifty chain store companies, reporting their results for March, show aggregate sales for the month of $303,303,107, compared with $309,874,629 in March, 1929, a decrease of 2.12 per cent. Aggregate sales of these companies for the first three months of 1930 totaled $900,555,340, against $868,230,384 for the corres gondlnn' period of 1929, an in- crease of 3.72 per cent. reh——— 1929. Great A. & P. Tea MTI2 Bears, Roebuck weeks. March 26) F.W. Woolworth . Kroger Groc. & Bal @ Weeks) “@ oSk al Te MacMarr Stores . Kress algreen . McCrory Stores . DNational Bellas Heds! Manati Sugsf T%s Midvale Steel 58 '36. Montana Power 58 1943. Nat Dairy Prod 5%s '48 % Nat Radiator 6145 1947, New England Tel 58 '52. N Y Edison 1st 6 % NY Tel 4%s°'39. NY Tel6s'41..... North Amer Ed 55 '57. Northern States Pow §s. Pacific Gas & Fl 68’42 Pacific Tel & Tel 7 Phil&Read C&1 63 wi " Philips Petrolm Postal Tel & Cab Reming-Rand 634847 Sinclair Oll 68 '30. Sinclair O11 75°37. Sinclair Crude Ol 343, 4 Sinclair Pipe Line 61 '42 Southwes Rell Tel 5: Stand OII N J 5 Stand OIN Y 4 Sugar Est Orient Tenn Copper 6344 B Transcon Oil 6%s '38. United Drug 58 °53.. U S Rubber 1st & ref b 100% U S Rub T%s°30.... 105% 10874 Daniel Reeves (4 W) arch 20) S2EE8 382238 uthern Groc. Stores B veeks, March 30) 3 3352 101% 97% Utah Power & Light §s... 100% WIDER BANKING FIELD IS SEEN FOR WOMEN Commenting upon the increasing em- E‘ofln\ent of mlbmteynlnm wmon‘:mox igher - tutions trl;.nmrem Bulletin of the Dis- trict of Columbia Bankers' Association says: X;{o small proportion of the wealth 8| of this country is owned by women, and Winn ve! Bickfords, Inc. Federal Bake Edison Bros. Sh‘llgtl‘ Blg fi‘mnln Shirt ine Bros. o B e, $308,303,107 $309,874,629) STOCK EXCHANGE TRADING 1S CONSIDERED “NORMAL” ite the increase in trading, which vafapupmr to indicate that the public s making commitments in stocks on & scale commensurate with that of last Summer, brokers say the 5,000,000 share totals of the last few days are some- what misleading. In the first place, says the New York Times, professional trading is said to constitute a con- siderable part of the total. Another factor which should be taken into con- sideration, the brokers contend, is the increase in 'iheix m}‘lmb" of shares listed on_the Stoc change. On March 1, 1929, the listed shares totaled 842,521,997, while last March their influence in connection with the investment, management and ultimate distribution of such wealth is a large factor in our financial program. “Many estates that have required a luedume wlcrelbe l'l;ed elth;r ‘eonmdv“ed and properly managed or foolishly dis- sipated because of the influence of ‘women. Accordingly many banks are employing woman Ao!ld'm’ to contact High. 99! 101% e o 95 95 107.16 107.2 107.12 11118 111.2 11116 +.10 N Low. Close. 99% 995, Y% 106 106 98 98 98Y% 99% 102 102% 115% 115% 110% 110% 80% 81 W 1084 103% 86% 87 100 100% 106 105 92' 98 264 2T% 81l 81k 97l 97% 110 110% 100% 100% 104% 104% 101% 102 102 102% 99% 100 117% 118% 122% 128 oy 1% 108% 108% 863, 87% 9T 9T 9% 99 103% 103% 99% 100 12 9 91% 107% 104% 84 72 13 64 98'4 95% 98 92% 963 11674 114% 92 853 105 103 104'% 102 105% 102 89% 9045 0 " 101% 103 101% 101% 50k 801 981s 99% 108 108 95% 96 100% 100% 107 108'% 107 107 76 60% 1047% 102 963, 92% 99 92y 95 8714 98% 96 10674 104 1121 109% 99% 95 114% 108 13 110 843 76Y 100 93 95 90 101% 97 6114 103% 104% 99 100 104 104% 981 98T 88y 88% 81 81 96% 964 9213 9813 10 101 101 103 103 103% 104 10115 101t 106% 108 1004 100% 863 99 101% 101% 103% 104 187% 190 1025 103% 824, 83 89 89 83% 84 101% 102 104% 104% 101'% 1011 51% 96 80 75 10216 99 92 8814 100% 98% 91% 86% 97 94% 101 100 97% 90 101% 10112 BB 54 108's 103'y 99% Ml E M 8! 963 ¥5 85 1001 1013 95t 95% 981 99 56 56 107% 105 41 41 107% 105 106 107 4 9614 9614 107% 105 9915 100 80" Y 964 90 136 121 106% 104% il Y63 9414 501: 97ty 80 80% 101 102% 103 103% 7% 106% 107% 94 94y 101% 101% 93% 941 100 103 98% 99 100 100% 89 90% 121% 128 921 92% 102 102 102'% 102% 103% 103% 122 124 98 99% 91% 92% 69% 70 100% 100% 102 102 NYN NYN N 24 18 9215 863 941a 905 70% 63% 9214 8814 105% 10314 115% 112 93% _ 88% To2% 100 100 975 101% 97 109% 106 105 102% 109% 10814 01 9T% 88% 8lla 99% 95% 26 28 1056% 106% 114 114 99% 96% 106% 106% 102% 102% 101 101% 101% 101% 102% 102% 103% 1084 101 101 99% 100 1% 101 101 95 95% 93% 94 4 100 100% 4 100'% 100'¢ 103% 104 99 99y 98 981 104% 104% 108% 108% 9618 96% % 37 3T% —1% 101% 1013% — % 101% 102% + % 96 96% 87 8% + % 100% 100% — % 99% 99% — % 993 9312 93% 8814 111% 106% 120 11 126's 122 5414 45° 35 28 96% 98% o'y 8T 93 8% 107 102% 102 100 95% 88Y 103% 100% 102% 974 105% 101% 84% 80 101 94% 29 97% .9 this source of wealth and utilise their uity and experience in hel] to ‘sbout & higher type of finan service. “New avenues are being ‘woman and their natural resourcefulness will lead them into higher positions of usefulness.” WEEKLY CLEARINGS. NEW YORK, April 12 (#).—The weekly statement of the New York Clearing House shows total surplus and undivided profits, $24,616,200 increase. Total net demand deposits (average), $94,205,000 decrease. Time deposits (average), $7,614,000 increase. Clear~ ings week ending today, $7,651,822,504. Clearings week ending April 5, 945,407,987, Clearings this day, $1,~ 334,283,008, STOCK AND BOND AVERAGES By the Assosinted Press. Low, 86 UtilitleaP & Walworth Walworth 6%4s '35, Western Union Tel 6% Wilson & Co 18t 65 '41. ... Youngstown Steel 55 “78. . Atch T & S Fead) 4595 Atch T& 8 F gen 5 4 Louls & Nash 7s 1930 Market St Ry s A "40 R & L 18t ref &SSM6 Mo Kan & Tex 1st 48'90. . Mo Kan & Tex adj 55 '67., Mo iKan & Tex prin 6sA.. Mo Pacific gen 4s°75. Mo Paclfic Mo Lacitic 53 ¥ Mo Pacific 53 Mobile & Ohlo 4 Nassau Elec 4851, N Y Centdeb 45’34 N Y Cenref imp 68 2013, Cent deb 6; . NYCh& SLref6%sA.. NYCh&SLrefs%sB New Haven deb 48 '57.... NYNH&Hart 4% 67, H&Hcvdeb6s... H & Helt 65'40. Y Ry 6 State Ry Y Wes & 1308 4148 °46 Norfolk & W cn 4596 North Pacific 35 2047, North Pacific 4s'97. . North Pacific 55D 2047 North Pacific r 1 6s 2047 Ore Wash 1st ref 45" Penna cn 4% Penn gen 4} Penn 4386 Penn gen Penn 53 1964 Penn 658 Reading 41397, 7 StL&SanFrbs B St Louls 8 W con 48’32 StPKCS Line4% Seaboard A L ref Seaboard A L adj 55’49 Seaboard A L con 6845 South Pacific col 48’49, South Pacific ref 4855, South Paclfic 4248 Southern Ry gen Southern Ry 1st 5i Southern Ry gen South Ry dev 6%s '56 ‘Third Ave 1st ref 48 '60 Third Ave adj 6s 60 Unlon Pacific 18t 43 Unlon Pacific 45 *68 Un Pacific ref 45 2008 Virginia Ry 1st 5 Va Ry & Power Wabash 41s 197 L 5% 4 101% 101% RAILROAD, 1% B&Ocv4%s'is, B&Oref5s'95. B & O ref s D 2000. . Balto & Ohio 534 Balto & Ohio 65 '95. B&OPLE& W Va4 B&OS W Div bs '50. Bangor & Aroos 4s'61. Boston & Maine 68 '67 Broadwy & Tth Av b Brooklyn Manh 1st National 4% s'54. Canadian Natl 4%3 6 % Central Pacific 48 104% 1003 Central Pacific 5s 19 Ches & Oh gen 4145 '92. Ches & Ohlo 4%s 93 A, ChiB&Q4%sB'17 Chi B & Qref 5s'71 Ch & East 11l gen ChiGreat West 48 '59 4 Chi M St P& P 5875 Chi M St P & P adj 5 Chi & N W 614836 Chic Northwest 7s Chicago Rys 68 '27. Chi R 1& Pac ref 4s'34 ChiR1& Pac4%swi.... Chi Union Station 4148, .. Chi Union Station 6¢8... 116% Chi & West Ind con 4s. ... Chi & West Ind 514862, CCC&StLssD. Cleveland Term 68 B '73,. 104% Colo & Sou ref 4348 '85... 100% Cuba R R 68°53. 81 Cuba North 5% Del & Hudson 109 100% . 103% Erle 1st con 4396 Erie gen li Erle ref os Eriecon 7830...... Flor East Coast §3'74 FondaJ &G 4%s'52. Grand Trunk s £ deb 6; Grand Trunk 7s '40 Great North 41 Great Nor gen 5% 5! Great North gen 78 '36. Hudson & Man adj 55'67.. Hud & Man ref bs Illinols Cent ref 4 Iliinofs Central 4% Inter Rapid Tran 63 '66 Inter Rap Tr 53 sta '6 Inter Rapid Tran 68 Rapid Tran cv 7 Int & Great Nor adj 6: Inter Ry Cent Am 6% Jowa Cent ref 48 ‘51 Kan City South 35 1950... Kan City South s 50 Kan City Ter 1st 45 '60 Lake Shore 4 '31 48 '96. 7 4 106% 110% 970 110% 111% 80 98 925 99 2% J110% ETiES 81 9814 $+ L1114+ 400 040 R +1 '35 65. 4igs 63 REERESREAR AN} AN IR NN ] o oo *60. .00 West Maryland 4s ‘62 West Maryland 538’7 Waestern Pacific 55 '46 86% West Shore 1st ¢s 99% 98% 88% GRAIN MARKET " Wheat Plunges Downward in Ava- lanche of Selling Orders. CHICAGO, April 12 (#).—General selling, much of it of & stop-loss char- (Continued From Second Page.) Men. Low, Close, Ghge. Radlo Crp ofAm pf(3%) Radio Crp ofAm pt B(5) Radio-Keith-Orph IA‘)) Raybestos Man ( Reading Rwy (4),.. Reading Rwy 1st pf (2). Real Silk Hos Mills (5), Real Silk Hoslery pf(7). Reis (R) &Co...... Rels (Robt) & Co pf. Remington Rand (1.80). Rem Rund 2d pf (8)., 10; Reo Motor Car (.80).... Republic Ir & Steel (43, Republic Ir & Stl (new). Republic Ir & Steel ctfs Republic Ir & St pt (1) Rep Ir & Stl pf ctfs (7)., 100 Revere Cop&Br pf (7) 30 Reynolds Met, n (2.40) 4 Reynolds Spring. 72 Reynolds Tobacc Reynolds Tobacco B (3) Rhine W Elec Pwr(2.16) Richfield O1l (2).....0.. Ritter Dent Mfg (13). 109% Safeway Stores pf (7 St Joseph Lead (13). St Louis & San Fran St Louls & San F pf (6). 4 St Louls Southwestern. . Savage Arms (2) 4 Schulte Retail St Schulte Stores pt Seaboard Alr Lii b S Seneca Copper. Servel Inc... Sharon Steel Hoop (2).. Sharp & Dohme Sharp & Dohme pt (3 Shattuck (F G) (t1%) Shell Transport (a2.41 Shell Union (1.40). Shell Union Ofl p£(i Shubert Theatres. .. % Simmons Co (3). Sitmms Pet (1.60) Sinclair Con Oll (2! Sinclair Consol pt ( Skelly O11 (2) Sloss-ShefMeld Steel. . Sloss-Sheffield Stl pf (1) Snider Packing Co. Snider Packing pf. Solvay Am Inv w w(5%) So Por Rico Sug (2).... SoPorto Rico Sug pf(8). Soutnern Calif Ed (2)... 4 Soouthrn DairiesA(1%) Southern Dairies B, Southern Pacifie (6)...., Southern Raflway (8)... Southern Rallway pf(6). Sou Ry M & Onlo cfs(4; Spalding (AG) (2)...... Spalding A G 1st pf (7). # Spang Chalfant & Co Spang Chalfant pt (6)... 18% Sparks Withington (1).. 6 Spicer Mfg. Splegel-Ma Stand Bra Stand Brands pf (7 Stand Comm Tobace: Stand Gas & Kl (3%) nd Gas & El pf (4). Stand Invest Corp. Stand O of Cal (2%) Oft Export pt Oil of Kansas (2), Standard OIl N J (12). Stand O1I N ¥ (1.60). nd Plate Glass., Stand Plate Glass pt Stanley Coof Am Starrett (LS) (12 Sterling Sec A). .. Sterling Secur pf (1.20). % Sterling Sec ev pf(3). Stewart-W Studebaker Co (5). Symington. . Symington Class A Telautograph (11.30).. Tenn Copper &Ch (1)... Texas Corp (3).... . Texas Gulf Sulphur (4). Texus & Pacific (5) Tex P C & Oil Texas Pac Lai 9 Thatcher Mg (1.60) 4 That'er Mf pf (3. The Fair (2.40)., Third Natl Invest (1). Thompson J R (3.60) Thompson Prod (2.40) Thompson Starrett Co Thomp-Starr pf(3%)..a % Tide Water Asso (60c).. Tide Water As O pf (6).. ¢ Tide Water Ofl (§0¢).... Tide Water Ol pt (5)... Timken Det Axle (80¢). . Timken Roller Bg (3)... Tobacco Products. Tobacco Products Tobacco Prod dv ctfs 4 Transcontl Oil (30¢) Transue & Willlams (1). Trico Products (2% ) Tri-Continentl Corp 201, Low. 33 Truscon Ly %| 138 97% Un 2 | 125 121 2 | 16% 10 1%| 106% 76 3 | 50 242% 215 864 33 Bnwnwn ft+14+400101) cEcgcecaccacag Bwwnn, 50 166 U 8 St VEFLEHEL Virginia: Va-Caro Va-Caro 104 100% 105% & 3 T+ 0+ 1440+ +++0 0000 ++0+00 000 1++11 rren 100 44 RN RS t+11++ Whil 11% 27 P14+ 3ty T 42 584 67% 88 8 68 T Wi RESEE AR REZ} +1 Rossia % | payments based on | x Ex-divid 1% . | serip. ¥ Plus I+ o+ et td+ 1 Plus 10% in stoc! 19% 84 1n stock. k Pl 20 Twin City Rapld Tr (4 70 Twin City Rap Tr pt(7 'wood-K11-Fish( Underwd-EIl-F pf (7)... 125 Union Bag & Paper. . 13% Union Carb & C (2.60) 41% Union Oil of Cal (32).. Union Pacifie (10). 8214 Union Pacific of (4). United Corp. .. United Corp pf ( United Stores A. United Stores pf. . U 8 Distributing. . U 8 Expre: 8 & For Sec. Hoffman Mech (2)... S Indus Alcohel (17).. 3 - e ge 1 . US Smelt & Ref (3%).. US Smelt & Ref pf(3%) U 8 Steel Corp pt (7). U 8 Tobaceo (4).. U 8 Tobacco pt (7) it Universal Leaf Tob (3), Univ Leat Tob pf (8).... Univ Pictures 1st pt (8). Univ Pipe & Univ Pipe & Rad pf (7 Utah Copper (16). .. Util Pwr&Lt A Vicks Shrevpt & Pac(5). Vicks Shrevpt&P pf(s).. -Caro Chem Va Elec & Power pf(6).. Virginia El & P pf (7) Va Iron Coul & Coke a Iron Coal & Coke (pf) Vulean Detinning (4)... Detinning A (4). Waldorf System (13%).. Walgreen pf (§%) . 1 Walworth Co (2). Ward Baking (A). Ward Baking B. Ward Baking pf (7) Warner Bros Pic (4). Warner Bros P pf (3.20) Warner-Quinlan (1). 4 Warren Bros (new Webster-Eisenlohr. Wesson Oil & Snow t Penn Elec pf (6).. t Penn Elec pf (7)., Penn Power pf(6). Penn Power pf(7). rn Dairy A (4).... ro Dairy b. . Western Maryland, Western Md 2d pf.... We.urn Pacific. Westinghouse E & M(5) Westinghse E&M pf (5) w White Motors (2). White Rock M 8 (1 White Sewing Machin Wilcox Oll & Gas.....on Wilcox & Rich (A) 3%.. 19% Wilcox Rich. B (2)..... Willys-Over (1.20)..... Willys-Overland pt (1). Wilson & Co. . Wilson & Co (A) Wilson & Co pt worth Co (1. Worthington Pump. Worthngton Pump A Worthngton Pump B(6) Wrigley Wm (4). Yale & Towne (15). Yellow Truck & Coach. . Yellow Tr & Coach pf... Young Spring (3).. ‘Youngston Sheet & T (5) Zenith Radlo... RIGHTS—EXPIRE. % Am Roll Mill ChiRI&P.. 3% South Cal Ed. Dividend rates as given in the above table are the annual cash the latest quarterly or half yeari; declartions, Partly extr P % 1n stock. a Py sble in stock. d Payable whe, us stock. h “c in stock. n Plus 5% FINANCIAL. Steck and dividend. 89% Tri-Con Corp pt (§). 0) Stl (g1.20). 8). 127% 106% 50 28 B ot A B I FlH I+ P44 444101 of... (Meieae Rad.. Chem 6% pf. Chem pt (7). FEUL Y +++10+0 0010 8% 2% +4+1 Bros (19) 2% | 2% | a0 | i ++34 {4 PV I+ V44 wing M pf (4).. FUl++ 04440000000 . - lus 4% in stock. § Payable in 0 regular rate. b Pay~ able in cash or stock. us 2% in stock. ) Plus in”stock. ed the late selling, whereas purchasing toward the last was confined largely to traders who previously had been sellers and were therefore in a position to collect profits. Wheat closed heavy, 175-2% cents a bushel lower than yesterday's finish. Corn closed %-134 cents down: oats, 3-8 cents off, and provisions showing 5-10 cents drop. WHEAT— Low, 0 1% Hig) Close. 1.107 acter, sent the wheat market reeling 20 downward today, notwithstanding that Farm Board allies were conspicuous buyers. Nearly complete absence of ex- port and domestic milling demand added to the bearish effect of weather changes that were construed as in- centives toward lower prices. Specu- I WILL SELL $3,000 City Investment lst mort. 3% 1938 @ 8734, $2,000 21000 Mass, Ave, Ist mort. 7% 1932 @ 85. 91,500 Fairfax of Buffale 634% 1949 @ 373%. ; $1,000 Chatham Apt. It ref. 6%% 1943 @ 37%. 30 F. H. Smith 7% % pfd. 0 Miller Traia Control “old” @ 50 5 Uni Di nia Plate Glass @ 30. s Wardman Mortgage and ount @ 16. 20 International Bank “old” @ 75. 1,500 Nat. Mort. & Inv. com. “old” @ 32%e. 2 Departmental Bank @ 10. 60 Units Asphelt Roofing Products @ 15. IO:“A-dntk Seaboard Airways @ THOMAS L. HUME 1412G St. Nat. 1346:1347 Dogs have been banned from all English cathedrals. WE WILL SELL 60 Mt, Vernon Savings Bank @ 150. 1,000 Chatham 1st & Ref. 6)is '43 @ 35. 500 Illllll‘ih Hall 7s 1930 @ 8734, 200 Fifth Ave. 7s 1931 @ 87%. n:“m-m Seaboard Alrways @ l.“.. Insurance Exchange 7s '35 @ 7. WE WILL BUY Stanley Crandall Pfd. Hamilton Hotel Bonds. Investment Bldg. Bonds. National Mortg. & Invest. Com. Great National Insurance. Federal Security & Mortg. Real Estate Mortgage & Guaranty. Merchants Bank Investment. Union Finance. CAPITAL CITY CO. o s = STICKS USED TO RECORD FINANCIAL OPERATIONS The collection of the moneys of the world assembled by the Chase National Bank of New York has recently been augmented by the acquisition of four wooden . tally pleces used in England during the thirteenth century as records and receipts for money. The custom of using willow sticks as records for money transactions existed for many centuries, These were known as “tallies” since they indicated by means of notches cut in the wood the amount of money ented. in England was in connection with the pas taxes, fines and licenses l:wyn;.:::t .:5 chequer or treasury. Very frequently —— e EASTERN UTILITY INVESTING CORP. THERMOID CO. preferred stock, yields better | nLpat Curb Exchange. Market | Conyertible than 7 per I dea for Investment FIRST MORTGAGE NOTES Yielding 7% Interest A limited number of these notes are now avail- able. Unquestioned Security Plus an unusually liberal yield—Convenient denom- inations. levies were made in advance and the tallies were issued to protect the tax- finyeu from having to pay the second ime. Tallies were also issued acknowledg- ing government obligations and money advances to it. As such, they were a Real Estate Loans Made Established 1899 M?NEY TO LOAN HAF AT YOUR RST AND SECOND 'l’vl'l"flt'l-' Ccluul'r V ELCH Realtor SPECTALIST. A First Mortgage Loans In Arlington County and Alexandria, Virginia Commonwealth Investment Co., Inc. 06 15th B1. N.W. Phone National 262 Mortgage Loan Corresp t for The Prudential Insurance Co. of America TRUSTEED SHARES the IDEAL INVES for in. s who _demand — SA nd GROWTH of principal. to long-term in- trust o1 YIELD a: Bpecially suited tndividuals, vestments - for funds and funds of organizations. Sold in Lots—$100.00 Up Call or Write Standard Collateral Shares Corporation Woodward Butlding. Established 1899 INVEST YOUR FUNDS IN First Deed of Trust Notes Bearing 61,9, Interest Denominations of £500.00 and $1,000.00 Constt WELCH Reattor Loan Specialist Natlonal Savings & Trust Bujldi; Sih & N. Y Ave: Nw. National 4506 In $250.00, INCOME INVESTMENTS INVESTMENT DEPT. BRODIE & COLBERT Ine. 1707 Eye St. N.W. National 8875 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W. 64th Issue of Stock Now Open for Subscription Money loaned to members on easy monthly payments James E. Connelly ent st James F. Shea Secretary | First Mortgage Loan Applications . Invited at 5)5% Construction Loans Glover & Flather 1508 H St. N.W. National 1753 The Commercial National Bank Savings Deposits Bear Interest on Daily Balances from Day of Deposit to Day of Withdrawal. Com- pare this method with usual method of computa- tion. Call and let us ex- plain. Other Departments form of promissory note, and Yiterally wooden money when nogotiated. The notches on the willow t:’loy sticks were made of various widths representing pounds, shillings and pence. Wm, Gordo: Buchanan Councilor & Buchanan o«ul-‘.m ntants National 611061116213 (Telephone Directory Omtssion) Fidelity Building & Loan Association ARE RECEIVING 7% ON SAVINGS and fully participate in surplus earnings Mail the coupon for full information. y Bld§. & Loan Assn. 200 Natl, Press Bldg. Washington, D, C. Name Address op.. eresssssssesssncsssnssaence svesvesyrsenIvaares lll Fm Park Place are equipped to serve Yyou in all banking and fiduciary matters. The Bank Personal Service Over $20,000,000 WADE B. COOPER. Prestdent / Recommendations to Investors By promptly returning this “ad” with your address you can obtain FREE the April 16th issue of The Pinanciel World with the follow- ingespeciallyimportantanalyses: What C on Executives Think Thelr Stocks Outstanding Utility issue Motor Truck Stocks Appraised Rock Island-Frisco Merger Five Convertible Bonds Increase your success as an in- vestor by sending for our next issue—also a copy of “Sound In- vestment Rules”—both free. FINANCIALWORLD Americs’s Investment W Batablished 1967 New York