Evening Star Newspaper, April 25, 1930, Page 15

CURB SHARES GAIN ONBETTER BUYING Utilities, Oils and Miscella- neous Issues Join in Sharp Upswing. BY JOHN A. CRONE. Bpecial Dispatch to The Star. NEW YORK, April 25.—Public util- fties, oils and a miscellaneous group of iridustrials, including chain, food and machinery issues, were favored in to- day’s curb market session. ‘The most active shares included Elec- tric Bond & Share, Radio-Keith Rights, Cities Service, United Light & Power and Goldman Sachs. ‘Amerjcan Superpower, in which or- ganized buying was evident several weeks ago, began to move in response 10 #uch Darkey sponsorship and climbed into new high territory for the vear. Commonwealth Edison and Nevada California Edison then moved to new peaks. “The upswing in natural gas shares got under way under the leadership of Southwest Utilities Gas, but interest veered from this group to companies manufacturing natural gas equipment. A. O. Smith Corporation pushed to rec- ord heights for the year and Dresser Manufacturing rose to within a frac- tion of its best quotation for 1830. The oils then forged to the front, with Standard Oil of Kentucky setting the pace for the entire group. After Ken- tucky Standard hit & new top, Standard of Indiana, Standard of Ohio, Vacuum, Imperial Oil, International Petroleum and Ohio Oil advanced, some of themn coming close to their best 1930 prices before meeting profit-taking. American Beverages, one of the lower priced food shares, nosed into new high territory, while Bohack Co., with a 4- point gain, performed & similar feat. ‘Walgreen was off fractionally, but Chain Store Stocks, incorporated, headed ‘upward. American Hard Rubber Co. leaped 7 points to a new high. Driver-Harris, which is about to split. up. its stogk two. for one and increase the dividend, also bettered its previous maximum quota- tion. Singer Manufacturing Co..#resuming’| its rise of the preceding session, early advanced 15 points to a new high for the year. New York, Rio & Buenos Aires Lines was the only air share to display unusual strength and get into a new altitude in early trading. o $444,551 CONSTRUCTION CONTRACTS AWARDED Navy Bureau of Yards and Docks Accept Offers for Work in Various Sections. Contracts totaling $444,551 were awarded yesterday by the Bureau of ‘Yards and Docks, Navy Department, for construction work in various parts of country. Included in this sum was $6,955, for repairs to elevators at the Navy supply depot in New York, awarded to the Otis Elevator Co., 810 Tenth street, here. Other contracts included $23,830, for an extension to a motor testing building at the Naval Air Station, Pearl Harbor, Hawali; scales for the Naval Ammu- nition Depot at Hawthorne, Nev., for $5,835, and a setting for a 1,000-pound horsepower boiler at the Boston Navy ‘Yard for $7,100. REPUTED “A'i'TIC SLAYER” IN PSYCHOPATHIC WARD Man Indicted in Oesterreich Mur- der of Eight Years Ago Placed Under Observation. By the Associated Press. LOS ANGELES, April 25.—The sheriff’s office diselosed today that Otto Sanhuber, alleged “attic slayer,” in- dicted jointly with Mrs. Walburga ‘Oesterreich, for the murder eight years ago of her husband, Fred Oesterreich, retired garment manufacturer, had been removed from jail to a psycho- pathic ward. Deputies sald Sanhuber was under observation by six alienists. Sanhuber pleaded not guiity by rea- son of insanity to the murder charge. Mrs. Oesterreich pleaded not guilty. _ PENNSY’'S MARCH NET. Pennsylvania Raflroad March het operating income, $7,136,220, against $10,877,660 in March, 1929; for three months, $19,406,721, as against $27,- 521,482, BONDS ON THE CURB MARKET. falesin usan Alabama Pw 4128 o 4 Agxml:;lu'm 1gd '8s 148 10 i Smvih py-o 148 105 12§ ARer Pow 55 '30 8812 A 28 953, Amer P &'L 65 2016 10715 U i1 Sx4d 90% 'llApn-l-ch Gas 68 4514115 1 §AST YL uémx 6 ww 107 Beacon Oil 653 'DOMESTIC BONDS. High 32 100 A 81 w/’ 73 19 Inves Co 85 A 47 xw 80, 4 Kopper G&C 5Yas 'S0 A 3028 wu O‘ LB‘I '1!! fl’ ST 14 iy Unton ofl Cal 5 Uni v 5s Uol APy e l! oow % Waltiors- °€3r°‘1" % 00 WaraoW A Bow bs ‘80 e Wes Union Tel 5s '60 103 rouxan nonne j %r‘:n- huzs H!ls!nl(url Isarco Hyd El 7 %% o Medellin "Col 'll *51 Mendoza Pr 7148 UBSW6%ks A n—New. i whe i—%&o\n warrant. Notiee—All stocks are sold tn ene bundred-share lots excepting those designated by- the letter o (65s) (2834 which shows those stocks to be sold in odd lots enly ~Prev 1930.—~ High. 9% 13% Stock and Low. Dividend Rafe, 78 Acetol Prod (A) 8 Aero Supply (B) 831 214 Atnsworth (32%)... 25 132 19 Agfa Ansco. s 119% Ala Great Sou (f7).+ 4 Allegheny Gas. 16 All Am Gen Corp...s % Allied Aviation, 16% 103 Allied Mills (60c). .. 18% 28% w 16% 16% 8 109 3% 8 61% 464 11% 6% 60% 50% 167% B0 15% 17% % ELY 3% z o4 58 2% 111 31% 425 89% Bl 17 25 26% 1% 1% 44k 9 90 % 19 1 Ein 120% 80% 14% 6 16 5% 5% 17% 20% 4% 42k 18% Tha 24 1 re 2 12% 224 Biw 162% [ % % 108 89 36% 107 TEH 82 33% .45 3% 260 20 4% % Allison Drug St lA)’. Am C P&L(B) (1! 23% Am Com I'(A) bm% 8% Am Co'with Pwr war % Am Control Ofl Flds. SBales— Ald" W‘fl High. lfl' l IC- 1 lO!fi 29 6 24% 2 130 T 25% Am Cynam B (1. lo). B 12 15% Am Equities. 601 Am For Pwr(war) 113% Am Gas & Elec ($1). 2" 15» 60'% Am Hard Rubbcr&&) 1608 10 Am Invest, Inc (B). 4% Am Invest (war). m 6214 Am Laund Mach (4). 100- 72 Am Lt&Trac (n).... 45 Am Mfg Co (4) 1% Am Maricabo. 7% Am Natural Gal 55% Am Salamandra (3). 18 Am St Pub S A(1.60) 23% Am Superpwr (1)... 87% Am Superpwr pf (6). 94% A Super 18t pf (6). 63% Am Tel & Tel. 10% Am U&Gen B v 31 Am Yvette (n) w. Amrad Corpora 9% Arcturus Rad T' & Ariz Globe Coppe: 8% Arkan Nat Ga 8% Ark Nat Gas (A).... 7% Ark N G cu pL(60c).. 102 Ark P &Lt pf (7). 2 Asso Dyeing & Pig.. 5% Asso Elec Ind (30c). 47% Asso Gas & Elec (n). 6% Asso GEE (A) 12.40. 7 Asso GEE (A) dbrts 4% Asso Rayon..... 39% Asso Rayon pf (6).. 25% Asso Tei Util (b7%) 20 Al Coast Fish(1.40) 15% Atlantic Secur Corp. 22' Atlas Plywood (2) 6% Auto Music (A) (1 12% Aviation Credit. 122 Babcox & Wil (19) 46 Bancomit new (1.60) 150% Bell Telof Can (8 23w BlisaCo (EW) (1).. 6% Blue Ridge Corp. 33% Blue Ridge cv pf(a3) 63 Bohack (HC) 4. 13 Bower Roller Bear.. 85% Brazil Trac & Lt (2) 10 Brillo Mfg.. 24% Buff N&EP p! 8 Burco, Inc. 3 Burco, Inc (war) 2% Burma Corp (131¢). 10% Butler Bros (30 4% Bwana M Kubw 8 Cable Radio T v.t.c. 234 Cable & Wire A rets. 1% Cable&Wire (B) rets 8% Canada Marconi. 108% Caro Pwr & L 22w Cent & Sw U(b6%).. s4% Cent P S (A) (a1.75) 19 Cent States 2% Chain Stos 12% Chain Stores Stock. . 22 Chathm Phoe Al n-v. 22% Chem Nat Asson-v. 68 Ches & Ohlo (new).. 16% Chicago Corp (The). 26 Citles Service(3suc) ®8 Cities Srve pf (6). 8% Cit Sve pf B (60¢)... 844 Cities Sve P&L pf(6) 16 Clark (DL) Co (1%) 63 Clev El Illum (1.60). 64 Colon Oil. . 16% Colum Ol1&: 24 Columbia Pictures 42% Colum Pictures v.t.c. 4 Columbia Syndicate. 3% Com’with & Sou war. 12% Comm Wat Serv b6 % % Consol Auto Merch. . 5 904 Con Gas, Balto(3.60) 2144 Con Gas Util A 2.20.. 3 Consol Instrument. . 10 Consol Laundrie; 4 Consol Royal (60c).. 28 Cooper Bessemer(2) 114 Cord Corp. .. 12% Corroon & Reynolds. 50 Cosden O1l. 9% Coty,So Anon 74 4-10 10% Courtaulds (50¢).... 6% Creole Petroleum. 18% Crocker Wheeler % Crown Cent Petro] 1% Curtiss Wright war. 1 Cusi Mex Mining.... % Darby Petrolm (1) 18% Davenport Hos (2) 3 Dayton Air & Eng... 113 Deere & Co new w.i.. 244 Dé Forest Radio. ... 6% DeHav.Alr 1td ret 50¢ * 43 Derby Oil Refining. . 80 Derby Oil & Ref pf. 5 Detroit Afrcraft. 19 Dinkler Hotel (1 10% Dixie Gas&Utilit! 12 Douglas Air (75¢). 71 Dow Chemical (2)... 31 Dres(SR)MIgA3%. 41 Driver Harris(new). 8 Dubilier Cond & Rad 145 Duke Power (15).... 4% Durant Motors 25% Eastn G&F Asso. . 18% Eastn Sta Pwr B(1). 7% Eastn Util Inv (A) 14 Eastn Util Asso cv. 14 Eisler Eelectric(l 80% El Bond & Sh (b8 103% L1 Bond & Sh pt 24% Elec Pwr Asso (1).. 22% Elec Pwr Asso A (1) 993 El P&L 2d pL(A) (7). 28% Eles Pwr & L op war 16% Elec Shareholdg($1) 804 EBS, Inc An-v(2).. 19% Emp Pub Sv A(1.80) 22% Employ Reins(1%). o Engineers Gold..... 18% Eurep El Ltd.A 60c. & Buro Elec deb rts. 2 Fabrics Fininshing. 214 Fagol Motor. . 4 Fairchild Aviatio 48 Fajardo Sugar % Falcon Lead. . . 9 Fedders Mtg Co(A). 6 Federal Baking Shop 82 Federal Screw (3) 1% Flat Stock deb rts. .. 23 Flintkote (A) (1%). 18% Fokker Afrcraft.. 18% Koote Br Gr M (1.20) 28 Ford Motor. Can(A)| 64 Ford Mot of France. 10% Kord Mor,Ltd, 37 %c. 214 Fox Theater Cl (A). 213 Galena Ofl Corp wi.. 2 arlock Pkg (1.20).. 8ue) . 2% General Baking..... 36% Gen Baking pf (3).. 57% Gen Capital Corp. 21 Gen Empire Corp. .. 31% Gen Fi'proot (12%). 8 Gen Indus Alcohol. . 32 Gen Petroleum w.... 20 Gen W W&E(A) (). 19% Gerrard (SA) (1%). 16 Gilbert (AC) (1). 99 Glen Alden Coal 8 11% Globs Underwriters. 1% Goth Knitback Mach 220% GrA&PTn-v(5).. 124 Greenfield Tap&Die. un Gm Stores Prod vte Guardian Invest % l!l“ Gulf Ofl of Pa(1 45 Hambleton Cocfs 3. % Happjness Candy. 88 Hartford El Ll(l“) 18% Hazeltine Corp (1).. 5 Hollinger Gold (60c) 86 Honolulu Con (t2%) 26% Houston Ofl (new). . %% Hudson Bay M&S.. 78 Humble Oil (2). 8 Huyler Storesof, 6 1384 3 96 :wm 2 20- lo'm 1 3% 2 64 14 47% 44 40% 68 132 47% 25! lSl% 57 330 234 Com'with Edison(8) 650s 380 335% 834 liti 5% 223 5% LIRS 14 % 3 6 5 126 1 28% 3 12 3 4 9 l4% 5 4 9 46 14 14% 11 19% 2 59% 1 a2 3 11’4 3 H Il% 3’/0 3 % b4 44w 20 . B% 2. 2 10s 236 516 4 22 1 5% 85 169 THE EVENING STAR, WASHINGTON, D. C, FRIDAY, APRIL 23, 1930. 10 lo% 10!6 1ou zfis 24u zeu 180 129% 122‘6 7 % 19% 19% 2 2 1% 161% usu, us' 80 73 6 96 96 100% \00». 100% 634 12"1. 4 814 36 13% 17% & 15% u’/a lO('y l(]M. 101% 3w 3w 34 6% 64 6% 4T% 45% 45% 40% 39% 39% B Bin o B 5 5% 5% b58% &7 57 26 26% 26% 20 20 20 2% 224 23 2% % % 16% 16% 182 132 132 4% 4T 4T ISI% 161% 161% 8% 2 Lty 8% 4% 359 6% 13% 22 22% 55 Azh 6% 7 14% 22 8% bW l!% 18% 1% % h 6 126% 125‘ 8% 2o% 11% 1% 4 4% 13% 18% 3% 3% 46 4Th 126 28% 12% 4% 4% 4 4% 144 19% 59% 4% 4% 14w 19 19 57 57 % 424 lzvg lz% 3]'/. 81% l l 1% 1% 1% 11% 20 20 % 6% bW 1554 156 B g T ™% % 9% 56 b8 6% % 18% 18% 16% 16% 20 20 100 100 b4% 55% 854 94 % T 200 200 v b b 87% 37% 43 43% 113% 115% 107% 107% 16% 16% g & 5 b% % i 44 45 5 b% 2 gy ouy 286 236 236 17 - 17 12 12 12% 6% 6w bW 166% 156 162% N 45 5% ~Prev 1930.~ h. “1% 42 % 170 84 141 210 - 16% 12% 14% 4% 10k 6% B% 17% 126 844 9% 20 48% 7 4% 95 26% 249% 2% 18 8% 20 16 13 20 1us 22% 3% 59% 89% 834 Stand Ofl Ky, (1.60). 112 389 48% 108% 80% uu 3% 20% Stock and Dividend Rate. Hydro El Sec.(2)... Hygrade Food Prod. Imp Ofl, Can (80c. ... Ind Pipe L, n (12%).. Ind Terr {1lu Ofl (A) Ind Terr Illu Ol (B) Ind ¥'in ctfs(b10%). Low. 3T 10 22% 37% 17 Insull Ut Inv(b6%). Ins Co, No Am (13).. Insurance Sec(1.40). Intercoast Trade (1) < Intercontinent Pet n i Intercont. Power A.. Intl Petroleum (1) Intl Superpwr($1). Intl Utilities A(3% Intl Utilities pf (7). Internatl Util (B).. Internatl Util (war) Interstate Equities. . Irving Air Chute 5 Iron Fire vtc (1134 Irving Air Ch(1.50). Itallan Super war. .. Italian Superpwr Kerr Lake Kirby Petroleum. Kolster-Br (Am Sh) . Koppers G&C pf(6) . Lackawanna Sec(4) Lane Bryant (2) Lefcourt Real pf. Lehigh Coal & N 1.40 Leonard Ofl. Lerner Stores (2). Libby McNeil & L... Liberty Dairy Food. Loew's, Inc (war) Lone Star Gas (1) Long Isl Lllht(loe) . Long Isld Lt pf (7).. Louisiana Lan & Ex. MacMarr Stores (1). Magdalena Synd Mfg Finance v.t.c. Mapes Cons (3 . Marine Mid (1. Marland of Mexico. Maryland Gas (4%) . Mavis Bottling. . yflower Asso (12) d Johnson (3% ) Memphis Nat Gas. .. Met & Min, Inc(1.20) Met Chain Stores. ... Midland Ut(b1% %). Mid W Sta Ut (1%). Mia Wst Util(b8% ). Mid Wst Util B war. Mid Sts Pet v.te. A.. < Mid Sts Pet v.t.c. B.. Miller & Sons (2).... Miller Rubber pf. Mo Kan P L (b10%). Mock Judson Voe(2). Moh H P 1st pt (7) Montecatini deb rts. Morison Elec($1). .. Mountain&Gulf(8c). Mount Prod(1.60)..« Natl Amer Co. . 4 Natl Aviation. Natl Fam Strs(1.60). Natl Fam S pf (2)... Natl Food (B) (b2%) Natl Fuel Gas (1)... Natl Investors(new) Natl Pub Sv A(1.60) . Natl Rub Mach (2).. Natl Screen Sve(2). . | Steel x-war(2). atl Transit (1) ... % Nebel Oscar 1% Nelsner Bros pf (7). son (Herman) (3) ew Eng Pwr ot (6. ew Eng T& T (8).. 105% Newmont Min (4).. 24 Newport Co (2)..... % New Quiney M (10¢). 105% N Y Pwr & Lt pt (7). 3 NY Rio&Bu Alres 114 NY Tel pf (635) 14 N Y Transitn(t Shars Md(40c). 27% Niles-Bement-P 123§ 1% Nipissing (30¢)..... 12% Noma Eleo (1.60). 32% Noranda Miries (3).. 2 NoAm Aviat A war. 67 Nor Am L&P (b8%). Nor Eta Pwr A(8)... 22% Novadel Angene (2). 73% Ohio Brass B (5). 7 Ohio Copper. 6614 Ohio Oil (4). 814 Olistocks, Litd A 150c 10l Outbd Mot(A)(1.80). 3% Outboard Motor (B). 26 Pac Coast Biscuit (1) 49 Pac Coast Bis pt 3.50 101 1 PandemOil... 6% Param't Cab(b8%).. 20 Penn Mex Fuel (2),. 13 Pennroad Corp. 73 Pa Water&Pwr(3).. 6% Perryman Elec. 194 Petrol Corp (1% . Phulip Morris, Inc. 10% Pilot Ra T(A)(1.20). 10 Pitney B P,n (20c).. 13 ' Pittbgh Forg (1.60). 24 Plymouth Oil (2). -9 Polymet Mfg (1) 531% Pratt&Lambert(15). 3. Premier Gold (24c).. 84 Prince & Whitely 1. 36% Pripce & Whit pf(3) 14 Propper McCalim(2) 14 Prudential Invest. .. 17% Pub Util Hold w w.. 7% Pyrene Mfg (80c)... 16 Radio Products 1 69 Railway & Lt S( 8% Rainbow Lu Prod A. 3% Ralnbow Lu Prod B. & Red Warrior 244 Relter-Foster (40¢) . 17 Reliable Strs(b5%). 16% Relia Intl Corp A w i 16 Reliance Ma g 5% Reynolds Bros, Inc. 26% Roan Antelope Min. . 19% Rocklans Lt&P(92¢) 10% RollsR,Ltd rets 150¢ 2 Roosevelt Field,Inc. 16 Root Ref cv pf(1.80). % Ross Stores, Inc. . 10% Rossia Intl Corp. ... 55 Royal Typewr(t3%) 8% Ryan Consolidated.. % St Anthony Gold.... 19% St Regis Paper (1).. 120% Safety Car H&L (8).17 126 - Safeway S (war 2d). 10 Salt Creek Prod (2).. 6 Schletter & Zander. . 6% Schulte Real Kstate. 2% Schulte Un bc-31 St. T4 Seaboard Utilities. . 64% Sec Corp Gen new (4) 6% Seg Lock & H (50¢). 10 Seiberling Rubber. . 7% Selected Industries. . 66 Sel Ind allot ofs 5% 4% Sentry Safety Cont 8% Sh 33 She, 92 Sierra El pf (6) 18 Silica Gel Ctfs. 884 Silver(Isaac) pf (7). 5% Sing Mig Ltd. retsn. 465 Singer Mfg (126)... 16% Sisto Finance Corp. 137% Smith (A O) (2) 1% So Am Gold & Pla 5 South Coast.. 43 Southern Corp. ... 18 So Pipe Line (12) 9 Southland Roy (1).. 7% 8 W Dalry Products. 714 8 W Gas Utilities. .. 106% Stand Gas&El of (7). 20% Stand Holding Corp. % Standard Motots. ... 49% Stand Oil, Ind (3%). 44% Stand OIl, Neb.(13%) 81 Stand Oll, Ohlo(2%). Stand Pwr & Light IDK Swift & Co new (2).. 81 Swift Internatl(2%) 19 Taggart Corp (1)... 54% Tampa Blectric (32) 67% Technicolor, Inc.... 4% Teck Hughes (60¢) 5 Thatcher Sec Corp. 18% Thermoid Co (2). % Tobacco Pr Export 41% Transamer ($1.60).. 6 TranCon Air Tran.. 44 Tr-Luz DLPS(A)w 2! Indus Fin cv pf (7)..1050s 10 6% Pacific Ltg pf (6)... lb;)l 103 9 Sales— Muoo Open. !uh. 8 21 2 3 5 5% 102 pres 35 34% 8% 4 1% 0% 28 16% 3 1 108 14 5 2 25- 17 4“ 3 5 4% 6 47 15 1 1 17 3 508 - BRDR RN NG HAD 1 S 50 - - 50s 508 6 10 2 258 44 84 4 I76!6 176¥% 1 31% 31% 6% 1 4% 10% 160 2 1 2 46% 12 96 103% 1% 1% T 27 15% 0 T 28% 1% 15% 20% 22% 26% 2 16% 1 6% 2 1% 121 16% 15 43% 18 20 145% 146% 808 125 125 218 6 268 g e 80! ND . 770. 2(5‘—4 250 40% 1 484 48% 1100 100 4 9% 8 124 3 64| mboc»n!mn. Tri-Cont Corp (war) Tri Utilitles($1.20) . Triplex Safety Glass Tubsize Chatillon Tung-Sol L pf (3) Un Nat Gas, Can 1. (1) Union Tobaceo...... Utd Car Fastnr(1.20) United Corp (war).. Unit El Sve pr war. . Utd Founders(b2.35) United GasCo...... United Gas Co (new) - e EE T PP TR DT United Gas pf (7) Utd Lt & Pwr A(1) Lines pf ay. & Overseas war. Radiator (2).... NEW YORK, April 25.—The follow- ing is a summary of important corpora- tion news prepared by Standard Statis- tics Co., Inc, New York, for the Asso- clated Press: News Trend. March quarterly earnings statements again dominate the day's corporation news. Of the large number included but two make a favorable comparison with a year ago—Maine Central Railroad and Southern Dairjes. Outstandingly unfavorable showings for the quarter were made by Bethlehem Steel, St. Louis-San Francisco and Congress Ci- gar. Dividend announcements of inter- est were the reduction of Chile Copper quarterly rate to 75 cents against 87} cents formerly, and the declaration flf 6% | fnitial dividends by Square D Co. Wholesale commodity prices registered & further decline in the t week. An- nalist Index on April 22, stood at 133.1, & decline of 0.2 point from the pre- vious week, and 12.1 points below a year ago. It is now at a record low, 5 per cent below index at the beginning of the year, 12 per cent below the 1929 high, and 8.3 per cent below the like period of 1929. Of the eight groups making up the index only fuels showed %|an advance, reflecting the increase in prices during the past week for crude ofl, bituminous coal and gasoline. ‘The Companies. American Brown Boveri had deficit of $86,724 in March quarter vs. earnings of 63 cents on participating stock in like 1929 quarter. Atchison, Topeka & Santa Fe Rail- way stockholders approve acquisition of Kansas City, Mexico & Orient Rail- way of Texas. Atlas Tack had deficit of $22,167 in March quarter. In like 1929 period earned 41 cents a common share. Austin Nichols & Co. earned $4 on $7 preferred stock in 10 months to Feb- ruary 28, 1930. Bethlehem Steel earned $2.60 on common stock in March quarter vs. $4.05 in like 1929 period. Unfilled or- ders March 31 totaled $73,333,010 vs. $86,060,883 on December 31, 1929, and $62,702,683 on March 31, 1929. Opera- tions currently at 84 per cent vs. average of 80.8 per cent for first quarter and 91.9 ger cent for first quarter of 1929. New usiness has been at about 75 to 80 per cent of production. Buffalo, Niagara & Eastern Power 1929 net before subsidiary preferred dividends, up 11 per cent. Burns Bros. announce reduction of $1 & ton in prices of anthracite, effective May 1, 1930. Ceco Manufacturing March sales up 50 per cent from year ago. Central R. R. of New Jersey March net dend of 75 cents on common stock, placing issue on $3 annual basis agatnst $3.50 formerly. Congress Cigar earned 76 cents on common stock in Mnrch quarter, vs.| $1.32 in like 1929 period. M. A. Hanna Co. earned 13 cents on common stock in March quarter, vs. same amount in like 1929 period. Lily Tulip Cup first quarter sales about 20 per cent above same 1929 period. Long Island R. R. Transit Commis- sion has ordered road to purchase 100 new multiple unit passenger cars of 80- seat capacity, and have available by June 15, 1931. Los Angeles Gas & Electric net in- come 12 months to March 31 off 6 per cent from previous fiscal year. Maine Central R. R. earned $2.78 on common stock in March quarter, vs. $1.09 in like 1929 period. New York, New Haven & Hartford R. R. earned $1.30 on common stock in March quarter vs. $1.36 in like 1929 quarter. New York, Ontario & Western Rail- road March deficit after charges $122,- 273, vs. $122,126 year ago. Northern States Power total income fiscal year ended Janaury 31, up 3 per_cent. Ohio Oil declares quarterly dividend of $1 on common stock, placing issue on $4 annual basis ($2 regular and 50 cents extra quarterly formerly paid), and initial dividend of $1.50 on mew preferred. Packard Motor shipped 8,100 units in first quarter, 1930. Pennsylvania Raflroad March net operating income off 34.4 per cent from year ago; three months' net off 29.5 per cent. $18,000,000 $50 par’ common stock officers and employes at par. Powdrell & Alexander earned $2.02 on_common stock in March quarter. Prairie Pipe Line earned $1.29 on common stock in March quarter, vs. $1.33 in like 1929 period. Reading Co. March net operating in- come off 28 per cent from year uv three months’ net off 29 per cent. St. Louis-San Francisco R.ll!wly earned 66 cents on common stock March quarter, vs. $1.48 in like l929 period. Frank G. Shattuck Co. products being distributed through American News Co. concessions. Southern Dairfes earned $3.35 on ?gflmon stock in 1929, vs. $1.44 in Southern Pacific Co. March net op- erating income off 45 per cent from yel{ ago; three months’ net off 37 per cen Square D Co. declares initial quar~ terly dividend of 50 cents in cash and. :emcl‘-lnnufl stock dividend of 2 -per ent — MARYLAND COAL. CO. BALTIMORE, April 25 (Special).— At the annual meeting of stockholders of the Maryland Coal of West Vir- ginia yesterday the following directors were re-elected: J. W. Galloway of New York and Baltimore, Gordon Smith of Baltimore, and J. E. McGowan, George Hewlett, Nathan Todd Porter, jr., and H. 8. Williams of 'Wendel, L, Was elected a dlrecwr to fill the vacancy caused by mlzmuon of George Paull of Pltub\ll'l The following officers were re-elected: J. W. Galloway, president; J. E. Mc- Gowan, first vice president; Gordon Smith, second vice president; H. S. Rodgers, secretary and treasurer, and to J. 8. Willlams, assistant secretary and | treasurer. The company has extensive mining 4'/-|Dropemumm the Fairmont fleld In 264 . West -Virgi 2%| Mr. Galloway is also president of the Maryland Coal Co. (of land), wit 9% ' operations in the George' feek region, 124 located at Lonaconing. operating income off 19 per cent from | year ago; three months’ net off 17 per | cen! | Chile Copper declares quarterly divi- Request authority to issue |’ 1% annusl payment. NEW STEEL ORDERS SHOW STEADY TREND Business of Most Producers Is Declared on Parity With March Figures. For a majority of steel producers in- coming business continues on a parity with March and practically neutralizes shipments, says Iron Trade Review, Cleveland. A few, however, have in- creased their bookings sufficiently to warrant a mild expansion in their operations. This improvement is most apparent in the Cleveland and Youngstown dis- tricts, evidencing moderately = heavier specifications for automotive material. Increased production is accomplished more by speeding up going mills than by bringing in idle ones. The sentiment of the industry was epitomized when the president of the Steel Corporation Monday stated he expected to continue current operations through the second quarter and looked for 1930 to be a good average year, Steel Corporation subsidiaries, which & year ago were at capacity, are oper- ating this week at 80 per cent, identical with last week. Steel mills at Cleve- land are up 3 points to 85 per cent At Youngstown they are holding at 70 per cent, at Pittsburgh at 75 and at Chicago at 90-95. Railroad, implement and general manufacturing requirements for fin- ished steel are little changed, and there is nothing in the price or delivery sit- uation to impel consumers to cover more than their mediocre spot needs. More than at any time this year are mills compelled to work on short-range orders. Although 30 per cent below 1929, March output of automobiles developed 2 23 per cent gain over February. In- dications are that April will register further improvement, llrg‘ely because of Ford, Cheyrolet and ler. Ford purc] are - heavy, but widely dis- mbuud Hot strip and auto body sheets lead the mwmenve lines. Structural steel awards have dropped farther behind 1929. This week’s total 1 11,000 tons compares with 42,885 tons last week and 32,435 tons a year ago. To this date last year 706,266 tons of structural had' been placed, compared with 528,700 tons this year. Shipments of pig iron in most districts have ex- panded gently, while fresh bookings have slowed up. The melt at automo- tive foundries is heavier. [ Washington Produce Butter — One-pound prints, 41%a 4235 tub, 4 E; zs—Hennery. 28a29; current re- “ll;"l‘xlt“ live—Turk oultry, alive—Turkeys, young, 32a 33: old, 28: Spring broilers, sBMO ‘Winter chickens, 32a35; Leghorns, 33a 34; old hens, 26a27; capons, 32a35; ducks, 15a16; keats. 60a65. Dressed— Turkeys, young, 37a38: old, 32a33: Spring brolers, 46a48; Winter chickens, 37a38; Leghorns, 36a37: fowls, 30; g;gg'l)w, 35a40; ducks, 25a26; keats, Meats, fresh killed—Beef, 20a23; veal. 22a25; lamb, 22; pork loins, 25a28; fresh hams, ~24a35; fresh shoulders, 322: smoked hams, 26; smoked shoulders, 20a22; bacon, 26: lard, in packages, 1215; in bulk. 1114, Live stock—Calves, 9a11'3; Spring lambs, 11a13. e DIVIDENDS DECLARED NEW YORK, April 25 (#).— Regular. Pe. Pav- HI ASORBARY. e B8t m.dez Bt Bethlener: Steer 5156 AT 3175 s N'J' o G’ dad B 411e3) smmr P'l"on .l.' 4 Frint & Ttk 8 nopooozonnnoo';anonnoooonon Greenwsy © 5% pf,75c Reduced. Peterboroush RR.$175 BA- Interim, Columbia Graph..15% Klein (H) % lein () & Co. May 1 Apr 19 Dictostaph. Brod:3se Shanklin Mg pt. u 75 dp Stevens Mfg. .51 Opividend due at This time, Omitts Unity Gold. Universal Ins(3%). Utility Pwr&Lt(al) Util P&L B ctfs (a1) Utility & Ind. .. Util & Ind pf (1%4).. Utility Equities. Vaccum Ofl (t4%) Van Camp Pk pf. Venesuela Mex Oil Venezuelp Petroleu Vick Financial Corp. Wahl Company. . Walgreen Co. . % Walker () (1), Westn Alr Exp(60c), Wil-Low Cafeteria. . Woodley Petroleum. . Worth, Inc (A) 1 Rockva a5 May '8 Dividend rates in dollars based on last quarterly *Ex-dividend. tPartl in cash or stock. b Payabl el Avr 19| gy FINANCI Auu.opn.mn. Low. !Il. 10% 10% 10% 3 °§ ETI JOs -+ A P T - 2 1% 1% or semi- extra. IPlus extrs in stock. e Pavable 1n stock. i stock d Payable in preferred SEASON FOR PRODUCE IS LATE THIS YEAR: Strawberry Shipments From Mary- land Not Expecetd Before Middle of May. The season is & week or two late in the East. Strawberry shipments from Southern Maryland will hardly begin before the middle of May and the as- paragus season had extended northward only as far as the Carolinas and South- ern Illinois the last week of April, al- though scanty supplies were arriving from some of the later sections of the producing territory, says the bulletin of the Bureau of Economics, Department of Agriculture. Early Southern strawberries have averaged rather low market quality this season. Production is less than that of last year and shipments during May, which is usually the month of heaviest carlot movement, are likely to be more moderate than they were a year ago. The asparagus market has been' de- pressed - during April by heavy ship- ments from California and prices of Southern asparagus were about $1 a dozen below the level prevailing in late April last year. Most fruit sections re- port good early prospects except for the peach crop, which is expected to be light in the South. Heavy supplies of Spring greens, es- ;zeclally of spinach and kale, were a ature in the market near the end of April. Virginia spinach, the past month, has been moving in nearly twice the volume of the same period a year ago and the Maryland shipping season is fairly active. Prices tended 1ower Virfin ia. Savoy spinach reached vailing jobbing prices in the large ci (es of the East of 25 to 60 cents a bushel. Maryland spinach sold at 90 cents in Cleveland. CHICAGO LIVE STOCK MARKET CHICAGO, April 25 Hogs, 13,000: head, including 3,000 head 9.90a10.15; 240-300 ' pounds, 9.65a9.90; choice, 430 pounds, 9:25. medium to clioice, 350-300 a10.10; 200-2: 9.35810.15. king _ sows, 8. Pixs, medlum to choice, 90-130 pounds cmle "1,500 head; calves, 1,000 head: generally steady trade; moderately ac- tive on steers; slow on she stock; no choice offerings here; most fat cows, 'lli?ggu.zs: most steers, 10.75a11.75; best, Slaughter classes—Steers, good and choice, 1,300-1,500 pounds, 12.75a15. 1,000-1,300 pounds, 12.50a15.00; 950-1,000 | pounds, 12.25-14.75; common and medi- um, 850 pounds.up, 8.50a12.50; fed yearlings, good and . choice, 750-950 pounds, 11.50a14.25; heifers, good and choice, 850 pounds down, 10.50a13.0 .common and medium, 7.75a10.50; cows, good and choice, 7.50a10.00; common and. medium, 6.00a7.50; low cutter and cutter, 5.00a6.25; bulls, good and choice (beef), 7.7589.00; cutter to medium, 8.00; vealers (milk fed), good and .75811.7! edium, 8.0088.75; cull and common, "60085.00; " stocier and feeder steers, good and choice, all weights, 10.00a11.75; common and me- dium, 8.00a10.00. Wall Street Brief: By the Associated Press. The weekly gold movement statement of the New York Federal Reserve Bank, covering the period from April 17 to 23, inclusive, shows imports of $2,439,000, of which $2,392,000 came from Peru and $47,000 chiefly from Latin Ameri- can countries. NO exports and no net cha in- the -amount of gold ear- Butchers, pounds, 9.40 20 nge 20 | marked for !or:i(n account. The Beatrice Creamery Co. has ap- plied to the New York Stock Exchange for permlulnn to list 11,578 additional shares of $50 par-common stock to com- plete the u:quultlon of new properties. _two seats on the New York Stock Exchange were sold yesterday, one for $479,000, an increase of $12,000 over the previously reported transfer of ? | memberships, and the second for $480.- ‘The March nat ¢ operating income of the Central Rallroad of New Jersey was $376,768, compared with $469,284. For Lhe firat quarter the-railroad re- ported an W gate of $1,555,547, as against $1,870,713 for the corresponding quatter of 1929, Unrealized market appreciation of the holdings of Continental Shares, Inc., an investment trust- sponsored by Otis & Co., New York and Cleveland bankers, as of March 31, totaled $29,487,091, a gain ot $21,211,069 during the first Total investments as of March 31 were carried at a cost”of $123,867,- 365. The market value on the same date totaled $153,354,456. STOCK AND BOND AVERAGES By the Assoclated Press. From Yesterdsy's 5:30 Edition. (A).—(United | States Department of Agriculture).— | direct; steady to 10c higher; slow at ad- | vance; top, 10.20; bulk, 150-230 pounds, | | AlLL A—15 GAIN OF $92,000,000 IN BROKERS’ LOANS Total Is Now $4,217,000,000, Com- pared to $5,492,000,000 a Year Ago. Special Dispatch to The Star. NEW YORK, April 25.—According to the weekly statement of the Federal Reserve, brokers' loans increased $92,- 000,000 for the week ended April 23 to a total of $4,217,000,000, compared with $4,125,000,000 a week ago and $5,492,000,000 & year ago. Loans for own account increased $65,- 000,000 in the current week over last week. Loans for others were $44,000.- 000 higher than a week ago, but loans for out-of-town banks decreased $17,- 000,000. Of the total, demand loans constituted $3,663,000,000, contrasted with $3,611,000,000 last week, ind time loans were $554,000,000, against $514.- 000,000 the week before. The New York bank’s {edlseounk rate remains at 3'2 per cen GRAIN MARKET CHICAGO, April 25 (Special Wheat opened sharply lower with my selling at a new low record for the sea- son under liquidation based on the weakness in Liverpool and wet weather over the Winter wheat belt. Ma) openad 1.02% w Ya, July, 1.05 to 1.04 Sep- 1.08Y; to 1.08. After the fllst half hour May, 1.02Y%; July, 1.04%; September, 1.07%. Corn was weak with wheat. May opened 813/. to Ya: J‘uyv 83 to 82%; alf hour sye ; July, ; Sep- tember, 837 to 84. ' o S Oats were lower with other grains. May opened 42 to 417%; July, 42 September, 42. After the first half hour, May, 42; July, 4213 to 3: Scp- tember, 42. Provisions were lower. NEW YORK COTTON NEW YORK, April 25 (Special).— Yesterday's scarcity of coitracts in May and July was offset on the cotton mar- ket today by the appearance of selling orders in these months, and as a re- Hflh the un‘ ranged ’h to '}3 1!]1{" lower e opening. The heaviest selling was in May and the more distant mnt.hl of .the new crop. Opening prices were: May, 16.18, off 13; July, 16.30, off 3; October, old, 15 ‘2, off 2; chber new, }’514 oft 3; De- off 8, January, new, Mareh, 1549, off 1. . POTATO MARKET. . CHICAGO, April 25 () (United States Department of cuuure):—l United States shipments, 829; old stock trading _slow; market about steady: thonsln-ucked round whites, 3.00a 3.15; few fancy, 3.20a3.25; Minnesota- ncked round whites, 290!2 95‘ sacked Red River Ohios mostly aror lé Idaho-sacked russets, 3. 5;390 shade higher; new stock . tra bt: market firm; Texas-sacked Bliss Tri- _umghs 75. REAL ESTATE LOANS Made at Low Interest tes TYLER & RUTHERFORD rm 1520 K St. N.W. ‘ National 0475 Real Estate Investments JAMES Y. PENNEBAKER Nat.5291 1520K St. N.W. First Mortgage Notes FOR SALE | In Denominations of 3250 and Upwards JAMES F. SHEA 643 Louisiana Ave. N.W. Flnt Mortgage Lollll v tn Arimgion County and Commonwealth [nvestment ”nt'-‘: l.n- Correspondent for udential Insurance Co. || MONEY TO LOAN ON IMPROVED DISTRICT OF COLUMBIA REAL ESTATE NO COMMISSIONS OR RENEWALS 2 APPLY COLUMBIA PERMANENT BUILDING ASSOCIATION - 738 1%h Street N.W. Nat. 0852-0853 Morey to l.oan D.C. Real Estate. 6% Floyd E. Davis Co.: 733 12th St. NW. Attractive . . . OFFICES SAUL BUILDING 925 15th- St. N.W. ' The center of Wash- ingtos Business. and Financis] District. Idesl location for real estate, insurance and brokersge. business. Most Reason- able Rentals.