Evening Star Newspaper, April 20, 1930, Page 63

FINANCIAL. GERMANY BOOSTS TARIFFS ON FOODS Action Held Most Striking Action Taken in Europe During Past Week. @pecial Dispatch to The Star. NEW YORK, April 19.—Cable dis- tches to the Business Week give the following brief survey of business abroad for the week ending April 19: Europe.—Feature of the week is the flood of new business legislation. In England the long-awaited budget day brought Snowden's announcement of - wis. tax and tariff provisions he has adopted to meet the $200,000,000 in- creased expenditures. Business still gets tariff protection and at least in- definite extension of the McKenna dutfes and a continuation of the safe- guarding duties to their scheduled year end expiration, The German Reichstag passed strik- ing tax and farm tariff measures, whereby Europe’s most highly indus- trialized country becomes also Europe's and probably the world’s foremost agri- cultural protectionist state. Business in Germany likewise will pay higher taxes, ‘Young Bonds Coming Soon. Developments in Germany, now that the immediate crisis is avoided, and the course of investment sentiment in New York wiil be checked carefully in de- termining the opportune moment for the first issue of Young bonds. Euro- pean financial prophets forecast a rate of 5% per cent and an issue price slightly below par, with allotments as follows: Millions of Dollars. . 75-80 France ... Great Britain. Germany Holland . Switzerland . *The remaining $45,000,000 will be sold % in Italy, Belgium and perhaps Sweden. In Great Britain current business conditions are overshadowed by the budget announcement and are largely featureless. Money again is easier, but further reduction in the bank rate is believed now to be out of the question. Montague Norman was re-elected gov- ernor of the Bank of England. In France business continues active. ‘The declining tendency in industry and trade, apparent during March, seems definitely checked, though both whole- sale and retail prices are lower. Iron and steel and machinery production are at capacity levels, but other indus- tries still are slow, though general op- timism is reflected by the firmness of the stock market. Vertically upward revision in Ger- ractically all foodstuff tariffs of ?;flklnd in existence, and it is doubt- ful if it will be allowed to serve more than temporary emergency purposes for farm relief. The export debenture sys- tem has been extended from grains and flour to live stock and meats. Admin- istrative provisions prohibitive to the imports of frozen meats will be restored, and the duty-free import contingent will be abolished July 1. This will se- verely affect the American trade in grains, flour, packing-house products and canned meats. The bellef is gaining that business depression is near boflane!. though the decline in coal and sfeel is not yct checked. March coal production is 35 GRAIN MARKET ‘Wheat Values Tumble on Prospects of Showers in West. CHICAGO, April 19 (#).—Prospects of general showers thi hout the en- tire grain belt tumbled wheat values down to much lower levels today, espe- clally at the close. The wheat market | was distinctly a weather affair and | other matters counted but little. Seed- ing of Spring wheat was reported well under way, with more than 33 per cent of bread wheat already seeded in North Dakota. Wheat closed nervous, 13@2% & bushel lower than Thursday’s finish. Corn closed % @' off, oats Y,@% down, and provisions unchanged to 7 | cents’ decline. WHEA’ May July September Beember ASSESSORS NAMED Appointments to Prince Georges Offices Officially Announced. By a Staff Correspondent of The Star. UPPER MARLBORO, Md., April 18.— Official appointment of Thomas Walter Baxter, former transfer clerk, as super- visor of assessments for Prince Georges County, has been made by the State tax commission, the local county com- missioners have been advit william F. Keys, member of the House of Delegates, who was selected by the Democratic central committee for the county to succeed Baxter, also has been officially appointed, his ap- pointment coming from_the board of county commissioners. Both men en- tered upon their new duties this week. GULF OIL HOLDINGS. NEW YORK, April 19 (Special).—Ap- proximately 7,000,000 acres of proven and unproven oil lands are now con- trolled by the Gulf Oil Corporation of Pennsylvania, according to figures made public today by Pask & Walbridge, members of the New York Stock Ex- change. Of this total acreage, 150,000 acres of proven oil lands and ,500,000 acres of unproven oil lands are located in the United States. Other acreages include 3.500,000 in Venezuela, 150,000 acres in Colombia, 275,000 acres in Panama and 350,000 acres in Mexico, making a total of 6,925,000 acres. WEEKLY CLEARINGS. NEW YORK, April 19 (#).—The weekly statement of the New York Clearing House shows: Total surplus and undivided profits, $1,171,246,200 (unchanged). ‘Total net demand deposits (average), $68,099,000 (increase). Time deposits (average), $27,087,000 (decrease). Clearings week ended today, $6,741,- 651,704. Clearings week ended April 12, $7,- 651,822,594. Clearings this day, $438,141,801. Private Yacht Carries Plane. DAYTON, Ohio, April 19 (#).—When Col. Edward A. Deeds cruises the Great Lakes in his new yacht, the Lotusland, he will carry an amphibian plane to visit his home here, which has a private fiying field. He will also use the plane per cent below last year, apd stocks are piling up. between the yacht and his offices in Havana and New York. RAIL EQUIPMENT SECURITIES ARE LAGGING BEHIND MARKET /|| TRR.Y, . lad Manufacturers of railroad equipment w-with few exceptions—have partici- Pated only to a very limited extent in the prosperity enjoyed by domestic in- dustry as a whole since culmination of the post-war depression period. As a Tesult of steadily increasing efficeincy on the part of leading carriers, demand for freight cars and locomotives has, in recent years, failed to gain proportion- ately with volume of goods transported. lermore, strenuous competition, coupled with a condition of serious overcapacity, has held down profit on such business as has been avaflable, says the Standard Statistics Co. of New York, in a current survey, ‘which continues: is not surprising, therefore, that during the past decade railroad equip- ment stocks have made a relatively poor sho . In each of the three major bull markets completed since August, 1921, this group has shown a smaller proportionate advance than the general Tun of industrial stocks, as may be seen - L ANEEEN ARRAERENN from the appended chart.” HOW IS Showing Current Business Activity Compared With Same Week Last Year “The average gain in the index of nine railroad equipment issues has been only 68 per cent, as compared with 94.6 per cent in the index of 336 industrials. During the major upward swing ex- tending from April, 1926, to August, 1929, the railroad equipment shares ad- vanced by only 82.2 per cent, while the general industrial index rose 142.0 per cent. At the highest levels of last year, the industrial index stood 388.0 per cent above the 1921 low; the railroad equip- ment group at the 1929 peak showed a gain of only 2322 per cent over the post-war low. “Average depreciation in rail equip- ment issues during major downswings has corresponded very closely to that experienced by the industrial list as a whole. During the four bear markets which have occurred since 1919, our in- dex of nine railroad equipment shares has shown an average loss Of 29 per cent, as against an average decline of Eou;l)ser cent in the index of 336 indus- rials.” USINESS? @LNERAL BUSINESS ACTIV(TY for the country indicated by Shaded areas show weeks of activity above the corresponding weeks of the Black areas indicate declines from same weeks 12 months earlier. Verk City. previous year. nk debits outside New ACTIVITY BY FEDERAL RESERVE DISTRICTS. Check tvivsacuions compared with the sa. T Boston | New York | Philadeiohia | Cleveiand =17.3% —6.9% —20.9% T 5 S jeyis Thiimneapois | Kansas Gty | Sias St Louls T Minneapo Sniat Oty | LEADING BAROMETERS. Showing trend of important factors. Business in dollars (checks cashed) .. Employment (Department of Labor) .. ‘Wages (Department of Labor) Cost of living (Industrial Conference Board) ‘Wholesale prices (Fisher’s Index) Agricultural prices (Department Movement of goods (car loadings) Retail trade (Federal Reserve Boar ‘Wholesale trade (Federal Reserve Failures (Dun’s) ... e Stock prices (Annal veis Stock :urizt volume (shares traded) of ‘Agricultu Boar Present trend. Downward Upward Upward Downward Upward Downward Upward Downward Downward Downward teady Upward ++++10 11 O saih g0 WE oo £ (All rights reserved. Cambridge Assoclates, Boston.’s THE SUNDAY STAR, WASHINGTON, D. C., APRIL 20, 1930—PART SIX. FPIN ANCIAL. NEW YORK CURB MARKET TRANSACTIONS FOR THE WEEK AND YEARl WEEK ENDING APRIL 19, 1930. W Total number of shares sold. Same period a year ag ——1930— High. Low. 3% 1% 13% 28% Alr Inv Inc, vte Alr Inv Ing, vte 3 Alabama Grt So pf (17). Alabama Power pf (6).. Alexander Indust, All Amer Gen Corp. Allegheny Gas Corp. Allled Aviation.... Allied Mills, Inc(60¢)... Allison Drug Strs A.... Allison Drug Strs B.... Aluminus Co of Am.... Alum Co Am pf (6)..... Aluminum Co, Ltd. ... Alum G'ds M (1.20) Am Arch Co (3).. Am Beverage Corp. Am Brit & Cont. . . Am Br Bo El Fd Shs.... Am Capital (B). . Am Capital pt (3) . Am Capital pr pf (5%). Am Cit P&L A (a3). o Am Cit P&L(B) (b10%) Am Cmwith P A(b10%) Am Cwlith P Bb10% Am Comwith Pwr w: Am Control. ... Am Cyan B (1.60) Am Dept Stores. ... AmD T NJevpf (7)... % Am Equities. . Am ForPwr war, AmGas & El (31).. Am Gas & El pf (6) Am Hard Rubber(6). Am Inv. Inc, B Am Inv. Inc, war. Am Lt & Tract (10) Am Lt & P pf (6). Am Lt & Trac (new).... 4 Am Maize Products (2). Am MfgCo (4).... 1bo. Am St P S A (1.60). Am Superpower (1) Am Superpo pf (6) Am Sup'p 18t pf (6).... Am Therm Bot A (1.20). Am Thread pf (26c).... Am Transformer (1.40) . Am Ut&Gen B vte (40¢). 4 Am Yvette (new) w. Amrad Corporation. . ... Anchor Post F (b10%).. Anglo-Am vot cod (73¢c). Anglo-Am non-vot(73c) Anglo-Chilean Nit. . Anglo-Nor Hold (25¢).. Appalachian Gas. Arcturus Radio T\ Ark Nat Gas. Ark Nat Gas Ark N G cm pf (60¢).... Arkansas Pwr&Lt pf(7) Art Metal Works (3).... Asso Dyeing & Ptg...... Asso Elec Ind, Ltd. Ass0 G & EL A (12.40).. AssoG&Edebrts..... Asso Gas & Elec (new). Asso Laundries (320c).. Asso Rayon. Asso Rayon pf (8) Asso Tel Util (b7%). Asso Tel & Tel A (4). Atlantic Fruit & Su| 4 Atlantic Lobos. Atlas Plywood (2) Auto Music Inst(A] Auto Vot Machine...... Auto Vot'g Ma cv pr pt.. Aviation Corp Am...... Aviation Credit, 4 Aviation Securitle: Babcox & Wilcox (19).. Bahia Corp. . Bahia Corp pf. comit Corp, Baxter Laund, Inc. A. Bellanca Aircraft. Bell Tel of Can (8) Benson & Hedges. Bickfords, Inc (1) 0x Co (1%). Co (EW) (1). Bower Roller Bearing. Bowman-Bilt. Hotel: Brazil Track & L (2). Brill Corp, A (66¢). Brill Corp B. ..... Brillo Manufacturing. Brillo Mfg A (2). BritATecB (11.20) Brit Cel Ltd rets. Brown F & W(A. Buckeye Pipe Line (4).. Buffalo, N&EP p£(1.60) Bulova W cv pf (3% Burco, Inc. . Burco, Inc, war. Burco, Incev pf (3).... Burma Corp, rcts (131¢) Butler Brothers (30c)... Bwana M Kubw Cop Cable Radio Tub vte Cabl & W Litd, A ret Cabl & W Ltd, B rct land D Celanese Corp pf (7 Central Atlantic States. Cent & Swst Util (b6)... Cent Hud G & E ct(new) Central Public Service. . Cent Pub S(A) (aL75).. Cent States Eleo ($40c). Cent States El pf(6)xw. Centrifugal Pipe (60c). Chain Stor Development Chain Stores Stock..... Charis Corp (13). Chatham Phoe Al Chemical Natl Asso Ches & Ohion Wi....... Cities Service ($30c)... Cities Service pf (6).... Cities Ser pf B (.60)..... % Citles Serv P & Lt pf(6) Cities S Pr & Lt pt (7).. City Mach & Tool (12).. Clark (DL) Co (1%). Clev Elec Illum (1.60). . Cleveland Tractor 1.60.. Club Alum Utensil. Colombia Syndicate Colon Of1 Col Ol & Gas vtc wi Columbia Pictures. Colum Pict vte wi Com'with Edison (8). Comwlth & Sou (war).. Com Wat Ser (b6%). 4 Comstock Tunnel Consoltdated Alr Consol Auto Mer ctfs. .. 1% Consol Auto Mer cum pf Consol Coal...... Consolidated Copper. Cons Dairy Prod (2). ... Con Gas of Balto (3.60) . Consol Gas Util A (2.20). Consol Gas Util B, v.t.c.. Cons Instrul t. Cons Laundrie: Consol Nevada-Utah. Con Retal] Strs (1), Consol Royal (60c). Continental Oil. 128% 29% Copeland Prod Inc A.... Cord Corp. .. ... Corroon & Reynolds. Crn & Rnlds pfA(6) Cosden Of} Cosden Oil pf (7 Coty. Soc Anon ret: Creole Petroleum. C 8c) Crowley-Mil Crown Cen Petrol Crown Cork&sS pf (2. Cuban Cane pr opt war. . Cumberld Pipe L(4). Cur! Cust Mex Minin; Darty Petrol (1). Davenport Hos (2)..... Dayton Airplane & Eng Deere & Co (16 5% 3% 1% 1% 20% +790 166% 161% 5% + + Iiiras St €.+ P4+ 1+ £ [N e X FERESE EFE Bk - QEELEPFERLEEL SR 00 40 (i) ++ ¥ ++10+0 000 ++ A+ (33 * 181181t 0 (L Pt Ll 4+ ¥ OFEFEFE 2EF +1 = = ++1 0 (R I+40 01+ & EFEREEER [ = FFREFEER E FF Frees” “Erre =P ers 27 srress” . FEERFEE FEF "2 2 23 - & = FRE EFFEE CEERr » - o © S sewsF rel¥rss - ® F OFES FIER o 8 o & wrsed © S EBERF ¥ 8 Dixon (J) Crucible (8) Doehler Die Casting. Dolores Esperanza..... - Douglas Alrcraft (75¢) 22% Dow Chemical (2). 89 Dow Chem pf (7) 107 Dres (SR) Mfg.A (3%). 51% Driver Harris (new).... 87 Driver Harris pf (7).... 103 Dubiller Cond &Rad. 10% Duke Power (35) Durant Motors. Duval Tex. Sul. w.i.. East Butte...... East G & Fuel Asso. East Sts Pow B (1) Eastern Util Asso cv.. Eastern Util Inv (A) Educational Picture Elsler Electric (1%) Elec Bond & Share (b6, El Bond & Sh pf (6). Elec HouseUtil (2) Elec Pow Ass0 (1). Elec Pow Asso A (1 ElP& Lopt war.... Elec Shareholding (31). El Sharehldg pf (6).... Emer Bromo Selz pf(3). 74 30% 108% D Empire Power Corp (3). Emp Pub Serv A (1.80) Empire Steel Corp. Engineers Gold. . Eng P S opt war. Eureka PipeLine(4) . European EI Corp(The). Euro Elec, Ltd deb rt. Evans Wall Lead.. Fabrics Finish. Falcon Lead........ Fandango Corp. Fansteel Prod. Federal Baking Shop. Federal Screw (3).... Federated Metls (11%). Fiat receipts (1.26).. Film Inspect Mach Fire Asso ofPhila (2% Firemen's Fd Ins (6) Ford Mot, Ltd (37%¢). Foremost Fabrics (2). Foundation For Shs. French LineB(2.54). Galena Signal c.0.d. Galena Signal ctf: . Galena Signal, pt., old. . Gelena Sig cod n pt Garlock Pack (1.20). ... General Baking. . General Baking pf (3). General Cable war. Gen Capital Corp. Gen Gas&El cv pf. Gen Indus Alcohol. Gen Laundry Machine. . Gen Petroleum Corp wi. Gen W W & El1 A(2). Gerlach Barklow(2). Gllbert (A C) (1).. Gleaner Comb Harv (3). Glen Alden Coal (8). 1 Goldman Sachs t.c. (b§). Gold Seal Elec new..... Gotham KnitbacMch, 4 Graymur Corp... Groc Store Prod vte Guardian F Assn (2 Hires (CE) Co A(2) HollingerGold (60c) Horn&Hardart(; Hudson Bay Min & Humble (2).. Hydro £l Service (2) Hygrade Food Prod. Illinois Pipe Line (20). 1mp O1l Can n (60¢). Imp Tob, Canada (25¢) 1mpLobGUB&L(L.26). . Ind Pipe Line, n (12%) Ind Terr Illu Ofl (A) Intl Cigar Mach (5). Intl H & Inc Co(10¢). Intl Petroleum (1). Intl Products. .... Internatl Utll (A) (3%) Internatl Utllities (B) . Internatl Utilities(war) Int Util pt pt (7).. Irving Air Chute (1.60). Irving Air Chute. Italian Superpowr A, Ital Superpower war. Jefterson Elec(13%) Johnson Motor Co. Jonas & Naumburg. Kan City Pub S vte Com Kirby Petroleum. ...... Klein (H) pt pf ($1.20). Kobacker Stores (1 Kolster-Br(Am s! Koppers G & C pt (6) Lackawana Sec (4) Lake Superior Corp. Lakey Fdry & Mach.... Lane Bryant, Inc (2)... LefcourtRIty pt(3).. Lehigh Coal&Nav(new, Leonard Oil.... T 16 34% 1% 102 42% Liberty Dairy Prodi Loew’s Inc deb rts Loew’s, nc (war) Lone Star Gas (1) Loulstana Lan & Ex. MacMarr Stores (1).... MacMillan Pet(12)..... % MagdalenaSyndicate... M1g Finance Co v.tc.... Mapes Cons Mfg (3).... Marconi W T br sh(62¢) Margay (2)... Marine Mid Cp ( Marine Un Inv (1) Marton Stm Shov Marshall Fleld & Mass Util Asso. Mavis Bottlin; Mead Johnson (13% ) Memphis Nat GasCo. Mer&MfgSecA(1.60). Mesta Mach Co (11.70).. Met & Min Inc(1.20). Met T Cor pt pf (13%). Met Chain Store: Mexico-Ohto Of1 Mid Wst Sta Util (1%) Mid Sts Pet v.t.c. A. Mid Sts Pet v.t.c. Mid West Util (b8%)... Middle Wst Ut war(A). Middle Wst Ut war (B). 16% Mid Royalty ov pf (2)..+ 19 Midland Stl Prod, n (2). 1++1+++9y pt wngn = 2 et [REAE SRS AN} ES 1++1 EXRRNEE IR INESE SN E L 2 FHE1HE FIHIL I+ +1 = 240% 241% 1175 118 1% 17% 11% 11% 47 47 4% b 16% 345 1% 98% 102 54Ys 4 = H3 o » & & L4441 1+4 1+ TUl +4e+t & £ +1 HrR T + + i * 2 o e & FF FEFEFFES FEE [ e S F FEEFEEFEESLFSF - n FEF OFEE ¥ o - EFFE FEEFS =y & 2 sxPagrrsyes Ex¥ o - FES ¥ FFEF - - - - FFE FEF FREFEFLFESR ¥2 ¥ + 4% - % 22% + 2% 30% + % 46% + % 10% 14% 464 26 15 46% 9" % 2%, * 1% e 1 * % % k3 64% + 1% 63 + 8% 20 34 30% 9% 36 23% A% 25% 9 +1 % + 5% k] % % " 5% + W 36 a 7 21% 19% -1 Y [ % % Low. Stock and dividend. 22 Midl United(b1% %) 50% Midvale Co (4).. . 27 Miller & Sons (2) 2 Ming Corp Can (25¢). 21% 297% 107% 18% Mo Kan Pip: 104 Moh Hud P 1st pf(7)... 10 Monroe Chemical (1%). 1% Montecatini debrts..... 874 Morison Elec ($1). 24% Mtg Bk, Col Am sh 1.91.. % Mountain & Gulf (8¢)... 8 Mountain Prod(1.60).... 6% Municipal Service. . 7% Nat Amer Co 84 National 49% Natl Bond & Share N Family Strs (1.60). Nat Fam Strs pt (2) 14 NatFoodProdA (2%) Ni 1) 108% Nat Power & Lt pf (7). . 22% Nat Pub Serv (A) (1.60) 18% Nat Rub Mach (2).. . 16% Nat Screen Service (2).. 50 Nat Steel Corp, xw (2).. 1% Nauheim Pharma 8% Nebel (Oscar) (1%) 13% Neet Inc cv A (1.60) 16% Nehi Corp (1.80) 95 Newberry (JJ) pt (7).. 2% NewBradfdOil(.50)..... 90% New England Pwr (3) 88% New Eng Pow pf (6).... 144 NewEngland T& T (8). 18% New Haven Clock(11%) 66% New Jersey Zinc (14)... 3% New Mex&Ariz Lan. 105% Newmont Mining (34) 24 Newport Co (2). 22% N Y Invest (1.20). N Y Tel pt (6%) N Y Transit, n (11. 1% Nipissing (30c). 12% Noma Elec Co (1.60). 34% Noranda Mines (3). 32 Northam W cv pf (3) 2 Nor Am Aviation A war. 67 No Am Lt & Pwr (b8%). 5% North Am Utl Sec. . 6% North Cent Tex (60c) 47% Northn Pipe Line(t5) 170 North Stat Pwr A(8). 95% Nor States Pwr pf (6) 95% North S Pow pf (1) 21% Northwest Eng (2). 22% Novadel Agene (2). 111 Ohio Bell Tel cum pt (7) 78% Ohilo Brass B (5). % Ohio Copper. 6634 Ohlo Ofl (12). 108 Ohio Oil, new, cu pf w. 8% Oilstocks, Ltd A (150¢) 29 Orange Crush (1.50). 10% Outboard MotA (1.80) 3’ Outboard Mot B., 49 Pac Coast Bis pf (3.50). 26% Pac G&E 1stpf(13%4). 27% Pac Pub Ser (1.30). 1 Pandem Ofl. 1% Pantepec Ofl. .. 6% Paramount Cab ( 36 Parke Davis (11.45).. 22% Patterson Sargent (2).. 30 Pender (D) Gr A, (3%). Penn Mexico Fuel (2) Pennroad Corp. .. PennG&EA (1%) Penn Pwr & Lt pf (7)... na Water & Pwr (3). People'sDrugStra(1)... Peop L&P A(a2.40).. Perfect Circle (2) 64 Perryman Electric. 19% Petroleum Corp (1% ) 32% Phila Elec Pwr pf (2) % Philip Morris Ine. .. 9% Plerce Governr (13%). 10% Pilot Rad Tube ,A(1.20) 83 Pinch Johnson., . 10’ Pitney B Pos n(20 Pitts & L B (5). Pittsbgh Forgin Pitts Plate Gla: Plymouth Oil (2). 9 Polymet Mfg (31)...... 14% Pond Cregk Pocahontas. 64 Potrero 53% Pratt & Lambert (15. % Premier Gold (24¢)..... 28% Prent Hall v (3). Pub Util Hold Corp war. 17% Public Util Hold w w. .. 99 Puget S Pw & L pf(§) % Pyrene Mfg (80c).. 28 Quincy Mining. 16 Radlo Prod (60).. 8% Rallroad Shares Corp 69 Railway & Lt S (15).... 12 Railway & Util Inv (A). 8% Rainbow Lum ProdA. 3% Rainbow Lum Prod B & Red Warrior. 2% el Rich Oll of Cal p£(1.76). 8 Richmond Rad cum pf.. 26% Rike Kumler (2.20)..... 25% Roan Antelope Mine, 19% Rockland Lt&Pwr(92¢c) 2 Roosevelt Field. Inc. 10 Root Refining Co. 14% Russek’s Fifth Av 1.60.. 3% Ryan Consolidated...... % St Antony Gold..... 19% St Regis Paper (1). 106 St Regis Paper pf(7). 120% Safety Car H& L(8).... I 10% Safeway Strs war (5th). 16% Sally Frocks, Inc. . . 2 Salt Creek Cons(40c). 10 Salt Creek Prod (2)..... 27% Schiff (The) Co (2).... 184 Schlettr & Zandr pf(3%) 2% Schulte Un be to$1 8. ... 18 Schulte 5c to $1 Strs pf. 58 Scovill MIg (4)........ 7% Seaboard Utilities. 36% Seeman Bros (3) Hish 2T% B5% 65 30% 29% 30% — % 2% 2 Low. Close. 27% 2T% 56 + | 8% -2w| 17 D 21% 21% + 1% 29 29% + % 107% 107% + % 10 10 — % 1% 46% 30 25% 244% 33 16% 120% 64 2% 36% 18 21% 824 3% 59% 3T 48% Net | —1030— Chge. | @lsh. Low. Stock and i 5% Segal L & Hwd 10% Se High. Low. T 6% 1 814 Shenandoah Corp. 33 41 92 Ster: Ster: Silica Gel et. ... 465 Singer Mfg (126).... 16% Sisto Fin Corp. . 131% Smith (A O) (2) 23% Solar Refining (2%). 237 37% South Penn Ofl (12%). 24% So Cal Edis pt (B) (1% 22% SouthCalEd ptC(1%). 28 So Colorado PwA (2) 4% Southern Corp. .. o 13 Southern Pipe Line (2) 1% Southern Stores (A). 9 Southland Roy (1). “i% Southw Dairy Prod. 7% So West Gas Util. 117% Southw BelTel p£(7). ... 50 Southwest Pen P L (1 1 Spanish & Genrcts..... 83% Stand Cap & Seal (new). 106% Stand Gas&El pt(7).... 20% Standard Holding Corp. . 70% Stand Investing pf(5%) % Stand Motors.......e.s 49% Stand Oil of Ind (234).. 33% Stand Oil of Ky (1.60).. 4434 Stand Oil of Neb (13%). 24 238% 230% 288 + 1% % 23% - 1 108% 81 122 80 62 61 20 81 12 39 16 31 14 T8 10% 6 24 20 25 40 % 101 11 15 32 6% 40 60 52 17 20 42 14 42 1 4% 38 17% 16 25 Vg 21% 23% T 1% 1% +i++ ++ refefopes V4 annual oaymess. 22% Am Tel & Tel.......... Ind Ter Iil Oil...Apr 30 1% Ludlum Steel. 1% Rockl'd L & P % ¥ Zenith Radio. A L *Ex-div = casn oF stotk b Paabie tnsiotk. B EASES toc. Dividend rates in dollars based on last quarterly or semi Stand Oil Ohlo(23%). 117% Stand Oil Ohlo pf(7). Stand Pwr & Lt (new).. Stand Pwr & Lt. B. 99% Stan Pow & Lt pf(7 18% Stand Pub Service Starrett Corp. 84 Starrett Corp pf (3).... Stein(A)&Co cu pf (634) 10 Stein Cosmetics Ine. ... 1 Steinite Radio. ., SterchiBrosSts(1.20) 7% Stinnes (Hugo) 22% Stroock &Co (3). 1% Stuta Motor Car. 48% Sullivan Machine (4) Sun Investing pf (3)... Sundstrand Mac. Tool. . 5% Sunray Oil (40¢).... 1% Sunray Ol (war) 88 Superheater (13%) 30% Swift & Co (new) (2) Swift Internat’l (23 6% Syrac W Mch B (1) 19 Taggart Corp (1) 54% Tampa Electric ( 67% Technicolor, inc. 4% Tech Hughes (60c Tennessee Product; 8% Texon Uil & Land 18% Thermoid Co (2). Therm Co cum pf(7) 8 103% Timken Det Axle pt (7). 108 % ‘Tobacco Prod Export. 1% Tonopah Mining. 47% 41% Transamer (31.60). Trans Air Trans. . 4% Trans-Lux DLPSA... 4 Tri-contin’l Corp was 5% Triplex Safety Glas: Tri Utilitles ($1.20). I'runz Pork Stores(1. 19 Tubsize Chatillon coup. . Tung-50l L (2).seuens 333 Tung-Sol Lamp pt (3) 17% Ulen & Co........ 261 Ungerleider Fin Corp. 27% Union American Inv. Un Nat Gas, Can (1.60). Union Oil Asso ($2). % UnionTobacco. ... 16% United Amer Utilities. Unit Carbon pt (7) Unit Carr Fast (1 United Chemical. Uni Chem pt pt (3, 14% Unit Corp war. 6% Unit Dry Dock. 16% Unit Blec Ser 5% Unit El Ser pur war. 35% Unit Founders (b2.35) 19% Unit Gas Comipany 22% united Gas new Cnited Gas war United Gas c.o 943 United Gas pf (7). 27% Utd Light & Pwr A(1) 9T% Utd Light & Pwr pf (6). United Shoe Mch (13%) U S Dairy, A (5). i 18% U S Dairy B.. 2 7% U S Dairy (war). U S Elec Pwr ww. .. U S Finishing (32).. 17% U S Foll Co, B (1). U S Gypsum (1.60) 21 U S & Internti Sec. ... . 72% U S&int Sec 3d pd (3% ). US Lines pt «1)... 19% U S & Overseas war. 421 U'S Radiator (2). U S Radiator ctfs (2).. 5 US Rubber Reclaim. . 7 U S Shares Fin. 33 Unit Store: Unit Verde iixtn (4). % Unity Gold. ... 53% Universal Insur (334).. 2% Utah Apex (30¢). Utah Radio. ... 14% Utility Pw & Lt(al). UUl P&L (B) etfs. Utility & ind. 19% Uil & Ind pf ( 10% Utility Equities 88% Vacuum O1l (14%) 7% Van Camp Pack 9 = 37% Veeder Koot (2 14 Venezuela Mex Oil 2% Venezuela Petrolm. 8 Vick Fin Corp.. Vogt Mfg Co (2). 9 WahlCo....... 815 Walitt & Bond, B (1.20) 47% Walgreen Co.. Walgreen Co 8% Walker (H) (1) 3% Walker Mining 1% Watson (JW) Co. 8% Wayne Pum, 4 Wenden Copper, 18% West Alr kxp (60¢) 60 West Mass Co (2)...... 30% Western Tablet&Sta (2) 2% White Eagle Oil b rt: 14% Willlams, K C (1.40). 6% Will-Low Cafeteria. 3% Winter (Ben).. 2 Woodley Petrol % “Y" Oll & Gas.. . 17% Zonite Prod (1.60). 18% + 1% 8% + 1 12% - % 8 24% + 1% 3 — W 52 +2 51 +3 16% + % 2% 1% 46 10% 167% 108 13% 341y 16% 107% 108 13 18% - 34k + 4% 36 -1 Y % 9% 1164 117 6l o7 65% + 1% o7 % 681 + 144 254 + % % 19% — % 8% - 1% 28 -1 54% — 3% 6% T4~ % 19% - % 20% + % 54 7 20% + 1 9% — 1 42% ~ e EFFES FIFEF FFE 19% RIGHTS—EXPIRE. 23% % 14 1% 22% May 19 May 5 1w 1 % + 1n stock. a Payable ir . d Payable in preferred Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., April 19.—Due to % + |40 cents a pound. 27% + W increasing receipts and a slackening in the demand the live poultry market has an easier tone, with values on some lines showing a decline, and it takes smooth fat stock to bring top prices. Season for turkeys is over and while a limited demand is still noted, prices are mostly nominal and only young hen turkeys, 8 pounds and over, attract attention at Demand for Spring chickens is centered on broilers 2l pounds and over at 35 to 38, with smaller bringing 30 to 34, but Leghorns are not so desirable and sell mostly at 28 34. Large smooth young chickens and young roosters in fairly good demand at 32 to 35, but all poor c¢hin stock moves slow at 23 to 25. Market for old hens easler and with the demand for the Jewish holida; over, prices are mostly in the buyers’ favor and lower at 27 for stock weigh- ing 3% gcund: and over, but Leghorns will not bring over 23 and 24, while all poor thin fowl, as well as old are slow sale at 16 to 20. Ducks in ample receipt for the demand, which is centered on fat stock 4 pounds and over, at 23 to 26, but smaller ducks are neglected at 17 to 18. Market for guinea fowl and pigeons continues steady at 50 to 75 each for the former and 30 to 35 a pair for both young and old of the latter. The egg market continues unsettled and htly easier under moderate re- ceipts nd only fair offerings in ex- e ers ane e lots meet m&. a good demand. Buyers are very critical as to quality at this season of the year and all of- ferings showing effects of being held have to be sold at discounts. The mar- l:‘e:ecmd at 2g ceg:-:u a dozen for na- nearby , With henner; white firsts bringing a premium of o cent a dozen over quotations. Duck e'r arriving the past week mostly of inferior quality, and with buyers com- pelled candle all arrivals, prices have been put on hen egg market status at 26 cents, but small dirty ©eggs, as :l"lll':e“ ‘:Ad hl.wck.w wuble not bring this 3 ve m‘]‘;"&k sold on their arket for white tatoes holds steady under moderate pr:oelpu and a fair demand at 2.75 to 3.00 per 100 pounds, but ungraded stock will not oring over 2.25 to 2.40. Sweet potatoes ind yams in light receipt and under a good demand the market holds steady :?‘efllr'gl;ell 3.:02% "zfl a barrel for r and 2. 3.00 a barrel for the latter, but ded stock wi nu:“brln‘" nvder a.mi?afl.oo. a ve and nearby garden truck in ample recelpt for the demand and market is slightly easler with values in buyers’ favor at the following quota~ tions: Kale, 35 to 50 bushel; onions, 2.00 to 2.50 per 100 pounds, and 1.00 to 1.25 per 100 for greens; rhubarb, 3.00 to 5.00 per 100; spinach, 25 to 70 Sushel, and turnips, 60 to 75 hamper. The live cattle market has reached quiet and easler the past week, with prices showing little, change, but de- mand is only fair and centered on first quality. A good demand prevails for Spring lambs, but stock welfhlnz less. than 40 to 50 pounds should not be shipped. Quotations today at Light Street Wharf: Beef cattle, first quality, pound, 11 to 12; common to medium, 8 to 10. Bulls, as to quality, 6 to 9. Cows, choice to fancy, 7 to 8; common to 4 to 6. Oxen, as to quality, 6 to 8. Calves, veal, choice, 12 to 12i4; large, fat, 10 to 11; large, rough, 9 to 10; thin, 7 to 8; rough and common, 6 to 7. Sheep, choice, 5 to 6. Old bucks, 3 to 4. Fall lambs, 10 to Stock Ownership Diversified. An outstanding feature of the an- nual report of the Associated Gas & Electric System is the great diversifica- tion, not only in the territory served but in the wide distribution of the hold- ings of Associated securities. One of the largest families of stock- holders among the world’s cor- porations has come under the Associated banner, asat the end of 1929 there were 190,139 shareholders in the system. Of this great total, 91.5 per cent own 100 shares or less, while 46.2 per cent of the total own 10 shares or less and 45.3 per cent between 11 and 100 shares, It is interesting to note in this connection that only 8.5 per cent of the stockhold- ers own over 100 shares each. -— A little more than 99.9 per cent of the country’s mlg 3. production of sulphus