Evening Star Newspaper, April 25, 1930, Page 14

o L o FINANCIAL. . THE .EVENING STAR, WASHINGTON, D. C,. FRIDAY, APRIL 25, 1930. FINANCIAL. REDUGED WORKING || NEW YORK STOCK EXCHANGE | |CHANGES SWALL | Coxev soox BONDS oo scmwvs] (INDUSTRY WATCHES Received by Private Wire Direct to The Star Office. Wi Diftet 't 'The' Str“OWRe Low. viden _Prev. 1030~ _ Stockand | Sales— Prev. | 37 22% Simms Petrm (1.60). 11 344 3a 33 g Sinelair O11 7 7 10°% 108% 108% Hieh. Low. . Dividnd Rate. Add00 Bish. Low. 3:85. Close. 21% Sinclair Con Ol (3).. 73 30% 30% 20 10116 10115 10116 | Sinciair Crude 6345 16 @ s 99% 16k S2x Cutom Steel (35252 6 '3 ‘31 31 3o 255 Shidor D 7% % %% %" Market Dull as Interest | %% 10435 10850 10438 |Sweily onsue.. 71 51- oew o1 |Many Different Lines of . 4 sudlum wens % - 3 26 104 25 104 20 elly O11 6% L Shorter Hours and Higher 40% McCall Corp (%) 23% 25 |Market Dull as Interest Is 8 10711 1078 10711 |South Bell Tel 65.. # 103% 103% 103% < 3 8 3 ; 35 McGraw-Hill (2 116 : 2 i 16 11112 1119 1119 | Southwest Bell 5s.. 3 104% 1044w 104% | Bysiness Would Be Affected Pay Declared Solution §1 Mokeespt T P(143%) D s| Again Shifted to Trading FOREIGN. R A R R 25% McKesson & Rob (2) « . 7 96% 96% 964 gt 41% McKes & Ro pf(3 Southern Pacific (6). 124 i iti Saies. High. :88. | Tenn Cop 68 B"44.. 2 100 100% 100% if Bill Passes. for Unemployment. 14% McLellan Sloprxu.‘" Southern Rwy (8)... 115% in Equities. Argentine, May ‘61. 11 Tex Corp ov 68 °44.. 53 105% 105 106 sou:.:l-rn lxwgv(l")l) 271'% Argentin Jol::'is". 9 99 Transcontl O} 6 10 103% 103 103 Spalding ( ) Al tine 6s Oct’ Spang-Chalfant. . 31% BY F. H. RICHARDSON, ATeentineB148'6s. LRl LC o B DB BY J. C. ROYLE. Sparks Withngtn(1). ?z;% Bpecial Dispatch to The Star. a 1 U S Rubber 7%s 100% 100% 100i | Scores of different lines of busienss e T (1100), Utah Pwr&Lt 6s... 10 100 99% 100 | are likely to be affected by the Couzens Spicer Mex 37| NEW YORK, April 25.—Bond trading Spiegel-May-S (3).. 41 |was dull and listless today, with price {_‘;"I"‘" ::f kd 1% gm :{‘fi bill to create a Federal commission for o o . regulation of communications. These Stand Brands (1%).... 25% | changes in either direction small and|Australia 5s 5 oo J vorth 618 '35, e e 1200 | unimportant. Listed bonds were virtual- | Bank of Chil War Quin 6839, .. s el iictans fre ol mactacc v ets 66 | ly unchanged, while counter trading de- | Bank of Chile 6% Western Elec b 2051 0B 108 v 108 5/ | X CREGRRECLS HE et e e GO 12% t Belgium 8s. 2 Westn Union 58'51. 102% 101% 102y | panies, telegraph and cable lines, min- 208 0%, | Clined to quiet proportions under the In- | Belgium 634s. Westn Union 6%s.. 10 109% 109 109 |ing, cabinetmaking and others. Stand Of1 Exp pe(s) 10075 | fluence, not so much of money condi- | Belgium 75 ‘56 White Gagle s5s.. 49 105 107 1o | Under the proposed legislation au Stand Ofl of Kan () 57 97" | tions or the continued flood of new is- | Belgium 7s ‘56 Willys-Ov 6%s8°33. 7 100% 100% 100 | telephone, telegraph, cable and radio Stand Ol N J (12) 897 811 | Sues but of the quickened interest in|Belgium 7%s...... Wilson & Co 18t 6s. z 101 101 101 |communications companies are d“‘g; Stand Ol N ¥ (1.60).1134 3774 | equitles. Belgium 1 Youngstn S &T bs.. 7 101% 104% 101% | Nated common carriers and would SRR % IR | o s v foumt e | ol IA RAILROAD. TE oats v v Teguiaton by s Ao e 5 154 | have Rt i v L M Atchisonadj4s.... 9 0% 90 90 |terstate Commerce Commission. Broad- Sherling Seo vreL.0) 1472 | schedules radically and, s a result, part 8 Atchison gen4s... 20 934 92% 98% | casting stations would not be considered BRI B oV DECaY 31, | of New York's share of the Sao Paulo Atchdeb43%s'43.. 1 1324 132 132% |common carriers. 90 Atl & Dan 1st 4 1.62% 62% 62% e difficulty.” 1 Middle States Oil. Stew-Warner(h3%). 30% 421 | dbffee devalorization loan will be trans- 2 Joint Ownership. iy contends that the soliitkin Midland Sieel (3). .. Stone & Webster (4). 1083 | ferred abroad, making the total here | Brazilds...... [ TS A g |7 P b e R EBRICET of this problem lies in reducing the| 110 90 Midland Steel pf (8). 99 99 % Studebaker Co (5)... 8% 38% | $30,000,000 instead of $35,000,000, and i B & O gold 4s. .« 3 92% 921 92% | .ommunications companies would be. vsnumber of hours a day each man shall | 110 103 Mil Kl Ry&Lt pf (6). Studebaker Co pf(7). 22 |London’s share $45,000,000 instead of | Canada 5s'52. B&Ocviys, 14 100% 100 = 100% } oyohinited and common carriers in radio - “be employed and the number of work-| 76% 61 Minn Hon Reg(13%) 0% % % Submarine Boat..... % | $40,000,000. This is not the only case, B&Ocv4%s'60... 54 102 101% 102 | engaged in manufacture, distribution or ing daye In the week 28% 12% Minn Moline Pwr.... L e e St et a0 Iasan 14 105 102 1034 | sale of apparatus would be compelled to v 4 8 % e not switched from 3 2 S T e e g Boer ot he s oo 2 stocks to bonds to the extent that Euro 20109 1ovis 10 | STL O Tesen suchy eutiouene o o com- _ers is not maintained. To reduce work | 145% 134 Missouri Pac pf (5).. 1 134% 134% 134% Sweets of Amer (1) peans have. 10 102 102% 102% | 74 "ng agreement could be reached on *and pay proportionally will not improve | 40 24 MohawkCMills(3). 5 24% 24 2414 7 Symington . T Some issues marketed this year in 9 8b 85% B5%|ierms, the commission, after formal the situation. 63% 48% Monsanto Ch (£1%). 4 59 Symington which the syndicates have been dis-|Copenhagen 4%s 98% 98% 98% | oIt U 18 fix the terms. This ap “What most manufacturers pay for 35% Montgom Ward (3). b 46% 48% Telaut Corp (11.30). solved have suffered substantial drops|Copenhagen s rot: 9% 924 924 plies especially to transmitting equij “now is not the time a man spends in # 3% Moon Moters Tenn Cop & Ch (1).. y 15% | In price. E] 99 98 98 the plant, but the amount of produc- 58% " Morrell & Co (4. 665, Texas Corp (3)...... A 58y | American & Forelgn Power 5 per cent g i.tion the man turns out” says Mr.| 2 1% Mother Lod Gult Sulphur(4) 6214 | debentures, of which $50,000,000 were | Czecho iis '52 -oHatch. “If we can make it possible % 8% Texas & Pacific (5).. 145 |put out here this year at 90, dropped (Danish Munie for & workman to produce as much in | 8 Motor Produets ¢2). . 3 Texas PC&Oil..... 4 125 | below .88 shortly after the syndicate | Danish Munis three days as he now does in five or 264 Motor Wheel (3).... , Texas Pac Land Tr.. % 281 | was dissolved. i ‘gflnm"k!/n aix. we can afford to give him as much | 2 127 Mulling Mfg. ... 2 1 Thatcher Mfg (1.60) 20%| The bulk of todays trading was in | Denmark 6}4s 5. . . purchasing power as he now gets.” 57% Mullins Mfg pf (7). . The Fair (2.40). convertible bonds and those issues car- | Denmark 6s. ... .. ~* Only in such a development can ‘the Y%- 18 Murray (bz%stk). .. 4 Third Avenue. . rying stock purchase warrants. The D“Ecx 8 Nndj 4:7~ United States avold serious permanent 35% Myer(FE) & Bro(2). i Third Nat Inv (2)... most active of these were Philadelphia 18 ]fi:idrovr :v, ‘5 . unemployment, according to this New Ag:: Nash Motors (6) " ;:omp-on g{oa(z(:o' :e :lve;mt .fifi;‘.’tfiu‘“fi. g mgg.e;m&g'r i 1'1" s 3 18% Nat Acme (1%). 1 4 ompson Starrett. . 3 , | Fiat 78 war 46 York engineer. %) Tide Water As (60¢). losing part of the gain later. Southern | Fiat 7s ox wa: With the aim of producing in her i % Tide Water As pf () Pacific 4%s (1969) dropped fraction- |Finland 5% own territory all the food stuff Prance 56 , ide Water Ol pf(5) ally in a moderately heavy turnover.Finlandsfés needs, the government has begun an .80) . Timken Det Ax(80¢) American Telephone 41s, International | Finland 7s. ... ““intensive survey of the agricultural| 831, §7) Nati Cash Reg,A(t4) 50 58 4% Timken Roller (! ‘Télephone 4%4s, some of the amusement | Framerican 734s. _ ' possibilities of Northern Africa. The in- 4 108% N Y Chi & StL pf(6). company bonds and American I G.|French7s. “tention is to establish extensive can- 45% Natl Dairy (32). Chemical 51%s were also active. French 73 Z.meries for the packing of fruits and 29 N United States Government obligations | German Bank vVegetables that can be produced more Leaad 11! ~economically there than in France. 32 Natl Pwr& Lt (1)... 56 The rest of Europe is watching the 102 Natl Supply (5). Tri-Contl Corp. experiment with interest. A leading 0% 5 Tri-Cntl Corp pf (8). '‘French agriculturist says: “In another EATI ” Truscon Stl (1.20). generation, France will be freed from i Twin City Ra Tr(4). ~ buying the necessities of life outside p - Twin City R T pf (7) e - wn domain.’ n ‘h%fm is no doubt that the climate eyl 54 i Und-Eil-Fischer (5) - Sema Macy(RH) & Co(n2) BY JOHN F. SINCLAIR. R ) - 8pecial Dispatch to The Sta 8 MR e o o, NEW YORK, April 25—“The United States is rapidly building up an army 25% Man Elec Supply of permanently unemployed,” says 30% Man Elev mod (; Charles H. Hatch, New York industrial 20% Man Shirt (2). eer. 5% Maracafbo Ofl n explaining this statement, Mr. ~Hatch makes these crisp remar! “Recently, in an important industry, .. machine was developed which enables 11 men to do the work of 19. . . . ‘The new continuous . ‘rolling-around - amethod’ of producing steel sheets is 29% Maytag Copf (3).... ‘.throwing out of work thousands of for- % 15% Mengel Co (%) . « merly highly paid men. . . . There is 231% Metro G P pf (1.80). a serious overproduction in many of our 16% Mexican Seaboard. .. important basic industries and new 23 Miami Copper (4)... labor-saving machinery only adds to 23% Mid-Cont Petm (2).. a3 Sfnenmanad Australia 4348 Al » weaBBonrarBroanne p- b t, patents for which are practically Buff R & Pitts 2% u2% 92 | TIET PALETLS COF fYhich corporaticn. PIHRGERE RN 6% 96 96 | “mne fate of mergers, such as that be- Can Nat 4%s 54. 95% 95% 95% | tween the Radio Corporation, the Inter- CanNat4%s'57... 3 6% 95 95% | national Telephone & Telegraph and the CanNat44s68... 3 95 96 95 |Mackay companies, would hinge on the Can Nat 5s, Oct '69. 18 102 101% 101% | paseage or failure of the bill. All radio Can Nor 4%8°3 7 100% 100% 100% | licenses would be limited to one year. Can Nor 6%s 5 114% 114% 114% | At present the limit is three years for Can Pac deb ¢s. 1 ¥6 85 ¥5 |communications and one year for broad- Can Pac 4%8 4 99 98% 98% | casting. Can Pacific ctfs 5 10254 102% 1023 | ““Under the provisions of the measure, Car Clinch &£ O 5s.. 1 102% 102l 102% |the radio communications companies Cent of Ga55C59.. 3 100% 100 100 |would be given the advantage of pick- Central Pacific 4s.. 20 93% 93% 93% up and delivery systems now operated Ches&Ohio Corp 9 100% 100% 100% | by the telegraph and cable companies. Ches&O4%8'93A. 6 96 98 96 |This would give the sender of a message Chi& Alton3%s... 5 70 70 |the right to designate the routing of a CB&QIN3% . 10 86 86 |message. For example, a sender might CB&Q4#4s'TTB., 2 98% 984 | bring a message into the Western Union past Chi&Ellignéssl. ¥ 1% 177% | office at Pittsburgh and provide that it week, showing small gains in the active | Greek 6s."63. ChiGr West 48°69. 15 68% 68% |should be transmitted by wire to New maturities. Prime legal rails and public | Haitiés...... 94 Chi MIIEStP 4%sE o 96 95 | York, by radio to London and by cable utilities tended downward. Hungary 7% . 6 ChiMiIStP&P 58'75. 13 1% 91% | and land wires to Essen, Germany. Irish Free State 5s. CMSP&Pac adj5s03 138 6% 68 dustrial group was in Pathe 7s, again | Italy 7s...... ChINW 4%82037.. 1 96% 96 96% b e at a new high for the year with the |italian Pub Sve 7s Chi& NW con 4%s. 43 100% 100% 100% | At present the land wire and cable persistence of merger talk. St. Paul [ Japanese 4s. ChiR1&P gn s 12 90 90 9y | companies would route such a message " it Unfon Bag & Pape Adjustments, with a fractional advance, [ Japanese 6% Ce il b e g o their own cable lines across the of fruits and that labor conditions there NH & Hare (6. ! R anrosiny gl it T el O e ailroad freight to select the routing he are ideal. ; 615 Union Pacific pf (4) % : >& W Indcon 4s.. 5 suy sy | desires. Algeria_todsy has more than 530,000 v Y oo The commission would be given the Seqcilieris today has mcre tan T, e 3 Cnion Tk Car (160). 1 Washington Stock Exchange CocastLane (). 8 w1 w1 97 | Re COCEHAR eiephone and. tele ! - Lo graph and radio rates in interstate com- e R e 1. O T suv luteree 2t 1n initerred theb-the i1 Will Cola & o €55 12190 49 99% | regulate wireless and television when i 4 I8, I8 I8 lthose ends of the communications field = e are sufficiently developed, and that the Del& Hud1strf4s. 1 93 93 93 |same general principles will be applied 1 104% 104% 104% | in these cases. { 1 100% 100% 100%4 | Financing of some of the largest yd% American corporations would af- Yo% fected, since the proposed commission 0%, would have the same control over the Det United 4% 2z 9 Y8y issuing of securities which the Interstate Duluth S S & Atl 55 81 Comn':;roe ’comdl:lmon.dx:“n; exerda: Krie1stcon ds. .... 85, 85 |over the rallrads. In e Erie conv 4 Bd% tempt would be made through the bill Erle 58, 196’ s 94% 94is | t0_enable the commission to give s Eric 6o 1915 s 95y | definition of &n afliate, and this would Fia Bast C 6874 s 561 o6y | make a decided difference in the process developed in stock ownership by hold- Gr Trunk stdeb 6s. 1 105% 105% 105% | ing companes. 8.111% 111 1114 296 Yo% 96T (Copyright, 1930.) Vor! - 310 108 100w Great Nor gen 7s... 15 110% 110 110% Hud&ManadjSs.. 4 79 79 79 Baltimore Markets Hud & Man ref bs. 31 9T TH VT4 Il Cent re: 2 91% 91% | Special Dispatch to The Star. 11 Cent 4%5'66.... 10 ysl y¥A April 25.—Po- lut Rapid Trans 58, 45 71 2% | tatoes, white, 100 pounds, 2.25a3.25; Int Rap Trésstpd. 11 Yz 1% 172 | new, bushel, 1.50a3.00; sweet potatoes, Int Rapid Trans 6s. 1 ©1% 61%| barrel, 2.50a4.50; yams, barrel, 3.50a IntRapid Trans7s. 6 ¥y ¥ 39 |450; asparagus, dozen, 1.5024.00; beets, Int& G Nor 1st6s.. 2 102% 102% 102% | crate, 3.0083.50; beans, hamper, 2.5a Int&GtNorad) 6s. 13 ¥74 ¥6% 87%(325; cabbage, hamper, 1.00a2.00; car- Kan City FLS 4 5 96% 96% 96% | rots, bushel, 125a1.50; caulifiower, crate, 2 T4% 74% 741 | 1:5081.90; lima beans, hamper, 4.50a 1 100% 100% 100% | 5.50; lettuce, hamper, 50a1.50; onions, e R e s P T L] o shook off their lethargy of the anlsh PTTOTN. J9e 5 =3 2539 & » 88 Boala % il 177,000,000 gallons of wine were . SALES. - . Produced in that country. Tunis and . . 56 ' Utd Aircraftpf (3).. 7 Netherlands 65 '72. e0) 5 Capital Traction Co.—5 at 77%, 5 at, Nord 6 % »:hioroceo have abaut 8,000,000 Actes cop Utd Business Fub. .- %, N Nemay s e able of producing the sort of b 84 Northern Pacifie (5). 3 90 8 8 Utd Carbon (2).... Norfolk & Washington Steamboat Co.— | Norway 54, ~ France now needs. 82% North Pacific ct (5). 4 Utd Cigar Stor 3 ; 1 at 270. Norway 65 '43. . . When the Department of Commerce 4 % Norwalk Tire & Rub. Ctd Corporation..... ‘Washington Rwy. & Electric pfd—2 at | Orient dev 54 5. “. announced that at the end of lg'xik fl:_r‘- 1 9% ‘01l Well Supply. g:‘ug Cg:lp pcf (:).. 53 Comg l:"s::'d‘ ‘;t 09& i g:;ant 13" eign short ers’ ectric Coal. sy 3 % u«p'unesuf?hfi';“:tp%;n Por), had 1% Usd Fruit (4)....... 3 10 at 95, 10 at 95, 10 at 95. Paris-L; reached the record-breaking total of Utd Gas & Imp(1.20) 243 1% ATV D. C. Paper pfd.—2 at 45. Peru 68 $891,132,000, it came as a distinct shock 1 97 Utd Gas & Imp pf(5). 0; Mergenthaler Linotype—10 at 107. to many people, Who belleve that t! C 2 [ board...... Real Estate Mtge. & Guar. pfd.—100 ign bankers and business men have| 99% 63 Oprheum Cir pf.(3). 200s at 7. a) * all they can do to finance Europe. 80% . 704% Otis Elev.n(2%4).... 7 ! Security Storage Co.—2 at 115. Poland 7s (rcts) But_the nfin ::s not. ne‘:is ?\ufle".’; Glass(nd). 1 s AFTER C. Poland §s % well inform king _ an 4% 52% PaciffcGas& El(2). 82 71% 70% 7 Queensland 6s. ... leaders in the United States, becsUs | 1070 75" pacific Lighting (1. 10 103% 1091 1031 Nayneton Ryy. & Biede 91008 at | o siamanors the wg:nee is better m"‘}a_ years| 30 21 Pacific Mills. . 208 25 25 25 Washington Gas 6s “A"—$100 at 1013, | L ine Wat EP and it been mm i 1% 1 Pacific Oil Stub, 1% 0% Hoffman (2) Washington R & El (‘d . | Rio de Janeiro for foreign central ba purcha®®| 178" 140 Pacific Tel &Tel % 148% Alcohol (17 ashington Rwy. lec. pfd—6 at | Rio de Jan 8s " T TS dollar acceptances 23% ) 4 144 Kloohol (17) 98%. Rio Gr Du Sul . the 3 6! e . . ‘The Federal Reserve Banks, in their| T ' Kl 26 Leather (A) Bid and Asked Prices. BONDS. PUBLIC OUTILITY. Eunfoneab " 47% Panhandle P & R pi 1. 87 87 67 ' ?:::I:r'p(r’l;f(") 5 48% Paramount Publix. . 0% o sudnobalneSRoanmtmnites - 26 Park & Tilford (13). 30% guhiar. 3 3 Ri ubber 1st pf. .. Smelt Ref (3%). 2% Pathe Exchang: 5 Pathe Exchange (A) 23 Patino Mines (a2.92) reserve statemen Sweeden 5% Swi The rest of the foreign-held accept- wiss Conted 8s. . " ances were taken on by foreign groups 26% Penick & Ford (1)... TR s s 13, > 3 p % x ‘Toh: < through about eight of the larger New 63 Penney (4 C) (3).. A% 72 73% 5 198" t; i s | Botomue Fles "cons, £ % | okt bu. York banks. 93% Penney(JC) pfA(6). Elee, Tiods Dr. Ray Hall of the Department of 66 Febn it O ans)- Util Pwr&Lt A ( Wash.. Alex. & Mt. Ver. £ : '{,f‘;’;,‘n‘:m o Commerce, commenting on the NgYeS | 86% 72% PennaRR (4).. % et e ] U B | e ingten s Ba. o 18l i | Ued 88 Copen s significant : “They anadium & 3 - s oo alo e limited, use that Amerl | 430" 130 Peopiws Gas,Chi (i) 10 33 39 353 39" Vick Chemical (234). W & 8, e | Uiy 1S ke e be| 100A8007 adidh Tamr ot bankers make of ou 164% 150 Pere Marquette (18). 160% 160% 160% Va-Car Chem........ B o Vi g Frtzeyetd] ® 80° 2 el cess of loanable Dod, Va-Caro Chem 6% pf 1 Mt 3 lenna 65 '52 spinach, bushel, 25a80; squash, bushel, peTE “mmu‘ Eu :‘ :g& ::.lp. AT b %g:: 2;‘; V:El??w:x:)t ?s)?. 4 e % r & Ross, Inc. 6 9 Warsaw 75 '52 flmfi‘”myfiiu%u'nfi:flé ‘would haj 'n sl e iro- 1 5 Vulcan Det (4) ... 3 o 3 - s 3 e o witharaw tnis huge | ' i ENLSERLCEY 12 Wabash ‘ Bt 0. MISCELLANEOUS. T BT B o AT, from the United States? ~The /» 29% Phillips Petrm (n2). 83 Wabash pf (A).--se 2 Nt oGia B = AbItIbI P&P 55°58.. § oW 86% 861 e i o | S50 bR mt“zthmh lmw-um 1 gm- oil 2% Waldorf Systm(1%) 18 4 Title 6s. Abram&Straus5%s 3 103% 108% MUl EI Ry&Lt 4%s 2 100 100 100 Dairy Market. of the cash reserves of about 30 " Fisrce Petroioum.. . 144 7 * $iu Ward Baking (L) 4300 "’ Alokhany t'es. o+ 35 Lonss tone Lo | e SNt ron ds. 80 mp~ 80" | g EQutry, alive—Chickens, ™ banks that legally count foreign 3234 Pillsbury Flour (3) Ward Buking (B)... Allis Chaim 80 37.. 18 i M St P&SSM b%s 32a38; young, 32a35: poor and thin, 23 inge holdings as cash reserves. 443 Pirelll of Italy (.14} Warner lros Pie (4). D e . asens Am Agri Chem 758 6 lod M StP&SSM 6. ... o ooy | 838¢ Ol Tocetend; 16al8; ol hens. 374 e s iinkncta |1 0% 206 Titisbsh Berew 1.0 Warner-Quinian (1) ? ¥ et 3 AmGrem twories 1o MEESIMMAT T § b Yt 100 | uinen Towls, cach, S0u70; bigeons, pair = oo ‘arner-Quin . P 2 F abos j em 5348 ¢ ex 18 d g 3 . department especially. 27 Foor & Co (B) () i WarrenBros (new). 16 & :° hé e ¢ ', | Am int Cor G3a "4y Mo Pacific gen 43. { 30a35. EBRTR sty S Rican i . Warren 2). E = m Nat Gas 6 3 Mo Pacific 6s A n gy B Cases; Fertilizer is being consumed in 1aTger | 27,0 12" P Rican Am To (B).. % Webster-Eisealohr,. & H e & ‘& . F 9% | firsts, 24!3825; hennery whites, firsts, " quantities every year. It is becoming- 97 Postal Tel & C pt(7) Webster-Eisen pf (7)100s 5 4 p ¢ 54thead 251a26; duck eggs, 2415a25. in some sections it has already become— | "5, 45 Prairie Of] & Gas(2) Welis Fargo. 1 . prd. Mo Pac 6%8 49 ev. 11 Butter—Good to fancy creamery, : the farmer's best friend. b4% “Prairie Pipa L (15).. NATIONAL BANK. 5 ManRy 1at 4890 2 s1% Sa% BIW g:!lnd, 36a3 sl!gdle;. 31a32; rolls, 25a Capital (14). N ¥ Can'gentiin 3 B0% 79% 80| ags. process, 3112a32; store packed, 19 N Y Cendeb 4s 98 N Y Cenrfim 4%s. o Sun o8 Live Stock Market. 6 23 106% 106% LU6% | Cattle—Receipts, 250 head; light sup- 12 8% 78% 8% | ply, market steady. Steers, choice to c .29 95 94 95 |prime, none; good to choice, 12.00a12.75; c 21 107% 106% 107% | medium to good, 10.75a11.75; fair to C&StL6s'31.. 1 101% 101% 101% | medium, 9.75a10.75; plain to fair, 8.758 NH&H3%s'54. 1 78% 78% 78% | 9.75; common to plain, 7.7588.75. Bulls, iy 2 84% B84% 84% choice to prime, none; good to choice, 23 80% 80 50 | hone; medium w 8.5009.00; fair 15 126% 124% 124% | to medium, 8. .50; plain to fair, 1 106% 106% 106% | 7.50a8.00; common to plain, 7.00a7.50. 5 69 59 59 |Cows, choice to prime, none; good to 4% | choice, none; medium to K fair to medium, 6.50a7.5! 550, Heifehs, “Chbiee 5, ron Nor Pacific 3: . . eifers, choice prime, Nor Pacific 90 90 90 ; good to choice, 10.00a11.00; Nor Pacific ref. 4112 12 dium to good, 9.00210.00; fair to me- e dium, 8.0029.00; plain to fair, 7.0088.00; 1 common to plain, 6.00a7.00. Presh 43 94% 94% 94y cows and Springers, 50.00a110.00. 26 99% 98% 99% | Sheep and lambs—Receipts, 50 head: 1 107% 1074 107% | light supply, market steady. Sheep, Penna 58 '64. 6104 103% 103% | 2.0026.00; lambs, 6.50a10.75; Spring Penna 63s. . 9 108% 1084 108% | lambs, 12.00a14.50. Pere M 4148 1980 Hogs—Receipts, 1,000 head: light sup- Pere Marq 18t 5s... ly, market lower; lights, 10.65210.85; Port RL & P 58’42, eavies, 10.00a10.6! edf Port RL6s'47..... 1 99% 99% 99% | 10.85; roughs, 7.50a9.35; I Reading gen ¢% A. 3 98% 983 98y | 10.00810.40; pigs, 10.50a10.65. Calves—Receipts, 50 head; light sup- RIArk&L4%s... 1 98% 98% 98% , market steady; L .00. StL IM&S gn§s31. 1 1005% 100% 100% ] E L% Totlves TooRLE0 . SULIMASEAGMs.' 3 9T4 g% omi| o Hay and Grain Prices % 89% 89% eat—No. 2 red Winter, export, OFFER FOR STANLEY STOCK. i - r 0o ¢ i 90% 90% yow |StL&SF4%a78.. 27 91% 911 91%|1.03%; No. 2 red Winter, garlick ,xggoz. NEW YORK, April 25 (P).—Warner it~ B 14| Etnaion 4 SELASFgenSedi’ s 1001 1001 1000 | L0 Abril, 100%¢ Mag. 10834+ o 5{2‘5.5‘5&‘2.;.‘?3“;:“:‘.: G R - = ua«o g e 1 . Pae L ;-May h i+ . ‘.'f'-,_mm' LN 104 963 Faatdes . 4 (el o 'c';,',i’ffi;, i %m?:‘ “yellow, new. 45 Scott Paper (£1.40). T . A 3 3 for each remaining minority share of | AR e L Dot . Rec e il Meuge e 1w oFd ¢t 2. 2 22 100 | 92a93; cob corn, new, 4.80a4.85. the Stanley Co.of America The War | 22 Seaboard Air Line pf 2 22 Warner Quinian. . 1 Beal Eai Miee: 46 "ota. () Laclede G 5% '62. ¢ Gix o Gon | sashur: o, 3 Toite: domestic, spot. . "k hole L % 4 . urity Tl ‘o as o 3 lestic, spot, 15 desirous of discontinuing the Stanley | (141 8% Seavays (eL20). - P Esplihined,. ey 1 Ter Ret. & Whe §3 | Lautaro Nitrate 6s. Seaboard AL'cn 6s. 10 73% 73 731 | 53a831s. po 8 organization so as to eliminate taxes °, 915 Second Natl Inv 8% 17% g Sales of Stocks on New York Exchange s T Carpel Gorp. 1.80; 3 Llu&u{-us- 61, SBAll Fla 6s '35 5 66% 66 664 | Rye—Nearby, 80a85. 10:30 100 + 2,071,600 | wash: Medica) ther expenses. The offer will ex- - iz, Corp . Sou Pacelt 1 90% 90% 90%( Hay—Receipts, : pis Sy o Ao oS < L] 130 PM : 3110 P, 69600 | Woodward & Lothes ST (13:: 108 Sou Pac ret 4 9I% 91K 91%| market. Some Httie ey Boarange, i 22 gl o 9% % 9 et 17 Sharp & Dohm . 21% Dividend rates I8, B ey e A L L | K B30 Pho 614800 o hardly enough upon which to establish 36% Shattuck(FG)(t134) 49 50 |payments S e sha 100 T Partly extra. nasc extra. 390 extin quotations by grades. Better grades of SHORT-TERM SECURITIES. o DAL of taau jety thad 100 b S i SouRwy gen 4s.... 8 90% 8 T il = S 5 Roous onadrennSacoanan ammennoost fiit g & o ges i L SnBuuann Il " “If all the fertilizer—17,500,000' tons of P At ! ft—used annually by farmers of the Je'r Ca ! United States was sold in bags, it wéuld . take nearly & hundred million bags to i hold jt.” says Dr. Oswald Schreiner of !the /United States Department of LA m;'mm t tes that for - " ‘The de enf 89% 81% Pullman Corp (4)... every dollar which the farmer invests| ‘g, 5., punta Alegre Sugar. “In fertilizer now he receives an average | 27y 21y Pure Ofl (1%).... return of about $3. That's why he 8| 1741, 1121, Pure Oil pf (8)...... ! buying about $250,000,000 worth of fer-| ‘ggi, 72" Purity Bakeries (4). Westinghse E&M (6) * tilizer & year and getting back about| o0 3.4 Ragie Corp. .1120 Weston Kl Instr (1). $750,000,000 in return. 85 68 RadioCorp (B) (5).. 1- 83 White Motors (2). ... * " “An scre of underfed plants strug-| 50 19 Radio-Keith-Orph A. 431 White Rek MS(14%) + gling for growth and reproduction means | g, 3 58 White Sewing Mach., : not more, probably less, than an aver- Whit Sw Mch Dt (4. age yield of crops, the selling price of | "g, Wilcox O & Gi : which is absorbed to meet the costs of | 4g; Wilcox Rich A ) interest, taxes, cultural operation and 92 pL(T). Wilcox & fioh B 13) seed. 1If there be any profit it must 10% Reo Motor Car (80c). 24 Willys-Overland. come from a higher yield.” 73% Rep Iron & Stl(new) 2 Willys-Over pf (7). This is where fertilizer comes in. Dr. 95 Rep Ir&Stipf(n) (6) 14 WiIS0D & CO. 1 vvenas “Bchreiner warns farmers that they must 65 Revere C&B (A) (4).460s Woolworth (2.40)... not expect it to make up for all the 30% Reynolds Metls 2.40. 39 3. Worth Pump. .. shortcomings of crops, soils, poor , 4 Reynolds Spring.... 2 03 Worth Pump(A) (7). insufficient spraying, poorly cultivated 49% Reynolds Tob B (3). Worth Pump(B) (6) land, bad drainage, acid soil or a multi- 41 Rhine W E1 P (2.16). 67% Wrigley (Wm) (4).. tude of other ailments. 22% Richfield Ol (2) vallow Teaek. 2 ColimBIa (B . - * "But that fertilizer will be used in| 25% 16% RioGrandeOll (2).. 0 Yellow Truck pf. Real Eatate s (ghy. increasing amounts as American agri- 374 Rossia Insur (2.20).. i irdi il S8 e . ©o."Md. com. culture becomes more intensive there 49% Royal Dutch (23.20). Young Sheet & T (5 MISCELLANEOUS. 1s little room to question. 1 93% Safeway (ef). Faaith Radlo. 3 h erican News-| 99% 94 Safeway pf(6). 208 96 96 96 96 " (Ooorriaht. 1900, by ey marionn Mews- | 0% ‘1061 Bateway Btrs pf (1), 109 109 RIGHTS EXPIRE 57% 45 StJoseph Lead (13). 6 46 46 46 Am Roll M. .June 16 118% 107% St L-San Fran (3) 6 118% 117, 117% 101 ) 3 99 99 99 Atl Refining bs. Bethlehm'Stl pm b8 11 Beth Steel rf bs. 1 1 Bush Term Bld, Brkiyn Edison 20 Certn-Td 5% rcts. Chile Copper & ColonOit 6x°38. ... " Bav. ‘0l G&EI 55,May'b2 Washingion Lotn & Frust (14 Com Invest 5148 49 Com Invest 6 Pkt DR AT oer ConGasN Y $is.. Commerce & Savings ( .o | Guban Am Sugar 38 East Washinaton (12).......... Denver Gas 5 e s Oet Edison Dtted srates 3y, : gfi““ L et ates . ue: ‘67, Wastington ‘echanics (.12 50 East Cuba boe 1 PIRE INSURANCE. Fisk Rubber §s... . 120 % | American (12) Corcoran (10). Pires i = » * EL T LT T 3 3 5 e= E3= Amer. Sec. & T Continental Trust Merchants' Bank ( FiH M Qe $88 Ont & W 1st wuand 2222227 22222 8 e RRa~Soman o ® PR - S 1 Qe %847, Gen Mot Ac Cor 6. & Inland Steel 43 '78 Intl Cement 58 48. . Intl Match 58 *4 s o e Se8hnnbomx 25% 21 Shell Union (1.40)... 29 24% 24% 24% 24% " § Plus 9 3 130 thy and clover are 106% 100 Shell Un Oil pf (5%) 1 106% 106% 106% e tock. . - 3 McC’ ‘Term Asso SL 4s... from 18.00 to 22.00 per accordin riie T5% i Sk e Bi Midvale Steel b Tex & Pacbs B 11, to quantity and condition, receipts by ments. Iy 31% 8% Shubert Theatres.... 121 35 31% 34 in S 9¢ 18 stock. " Pius 3% 5 h y Alis;chalmers 0. 55198 i0is: 1063 101 | 94% 43% SimmonsCo (3).... 20 49% 4T% AT% in atock. " o gl e L e Tex& PacssC70. 8 101% 101 101 | truck supplying most Amerian Hrctatiha 't ahil 1o . TREASURY CERTIFICATES. |Montana Pwrdbs Third Averef 4860 5 51 50% 51 traw—Wheat, No. 1, per ton, 9,008 o & 7 8% ‘Third Ave ad b 10 29 28% 29 10.00; . 1, 2 e 5;”,5'“9 19 :| NEW YORK BANK STOCKS BANK CLEARINGS. INVESTMENT TRUSTS |5 :%:;n':?’:’ inthres ufed s | N e 4 vs Tol Tr L&F 5%830° 2 100% 1003 100% | " o No- 1, per ton, 9.00a10.00. i = 3 = e Union Pac 1st 4 2 94% 94 94 638 10134 NEW YORK, April 25 (&).— NEW YORK, April 25 (Special). NEW YORK, April 25 (#)—Over the | 3%s Sept. 9 32 [N Y Tel4ls. \ INT] jf? ik 1y vy New York sk eking, - tday, | coumer marke: EmE s BhE B ViR ERSSTARL. 11130 M| o pressd Bid. Asked. | $1,463,000,000; & year ago, $1,283,000,000. nt Corp... ... i 1 -5 Virginia Ry 1st 3 104 prineipal money centers of the counti. & 1037 10304 PRy ) galiy ,“' N e oyt 10w o n Nor'Ohio TrdL. 00 Wabéan :z;: 54 m* ::;: ::;:: (e =B e SLE i s Broadt National. . '$217,000,000; & ), ,000,000. e hai T S ew York “rlderal Reserve cred o FOREIGN EXCHANGES, ‘- | Nor States Pwris.. Tabash Be7il 104 100 109% | leves recently experienced. Heures ot v et Pacific Western Md 4s.... 29 82% erage 8% | BT o000, *1OTON0O0: & FoAT | Diversiged Trusies (Quotatiuns turnished by W. B. Hibbs & Co.) . Woat MASKa 7110 17 S8 OB OWA | Coempur s e (e wek- and Eift G " on { Pathe Exchange . 60 Heck ending Apri T 'fi;’»’;‘ Oull Jogns. 3 Xy .S ‘eoples s Preced| week . v | Manhattan Co. Pere Marquette. o Am Trust Sha o Tussels, bel Phila Co Sa'e7. 100 PARIS BOURSE PRICES. Same week last 3:; Rome." lir: a & Rea . PARIS, April 25 (#).—Price change: Sankt, 130 338 Marquette Rallroad showed net income | U. 8. TREASURY BALANCE. it 3 -39%c | Phillips Pet 6%s.. 6 | were lrrenn:r on '.h(en ‘Bourse today. - Corn Exchange. h) ¢ . Count; lent to 44 cents a share on the common. : 2nnounced today as of close of business ™ b centimes. Five per cent loan, 103 NEW YORK, April .~ - auitar This compares with $2,107,142, or $4.02 April 23, was $200,607,846.06. Customs | b o "" 5% 4 . 1s. b o ou“pmézsm(gm-rg g‘ to repart opera. March net ting income was $442,- | $31,612,600.22. Total ordinary expendi- 1 . r 10 100! 9% 99% centimes. The dollar was quoted at 25 tions for March was $13,457,006, com- 259 against $1,018,508. tures, $11,624,026.36, 8 X X 96 francs 48 ee:unn. pared with $19,962,000 in March, 1929, - Nominal goid Selling checks Wheel&LE T 4%s. 5 90% 0% 90 | O Perable periods are as follows: ' TRUST COMPANIES. NEW YORK, April 25 (#).—Pere Cent Ha o Al Niew r - Y. i N B i : e o o T | vris Diked imtatde Treird Balasi, | S80S, Sch Pressed Stl Car b Three per cent rentes, 88 francs 25, Railroad Operating Income. : rancs. a share in the first quarter of 192, |receipts for the month to date were oty O e 2 . 9% ooXChange on London, 123 francs 93 i 12 malor Failron - 7 value (or par). 3, 4.