Evening Star Newspaper, April 27, 1930, Page 71

FINANCIAL. CURB SHARES SAG. | cororn evs INSELLING DRIVE Uhlmes and Oils Retain Speculatlve Favor in Draggy Market. BY CLAUDE A. JAGGER. Associated Press Financial Writer. VORK, April 26.—The curb arket was subjected to considerable week end liquidation today, although speculation for the rise was again Ppressed forward in a few of the utilities @nd the oils. Price trends continued irregular and confusing, as they have most of the week. Trading was inclined to slacken. American Superpower was again n favorite in the utility group, rising to new high ground for the year, above 39. American Gas & Electric shot up about 5 points. Such recent leaders as Niag- ara Hudson, Electric Bond & Share and United Light A, however, failed to make progress, and Commonwealth Edison lost a few points in & small turnover. Gulf was a leader in the oil grcrup, selling up about 3 points, to withi striking distance of its high for 1930 ©Ohio Ol was firm, but Standard of In- diana eased. Cities Service and Humble were quiet. In the mines, Newmont and Noranda sagged a point or so. The industrials were dull and irreg- . Singer Manufacturing, has returned to activity in the past few days, lost a few points in mflt-flkfin‘ then rallled. Fox Theaters A sagged in realizing. RETAIL SALES SPOTTY ALL OVER COUNTRY @eneral Business Improving, but Still Far Behind Last Year's Records. @Gpecial Dispatch to The Star. BOSTON, April 26.—Although gen- eral business has improved somewhat over recent months, it has failed by a considerable margin to reach a level comparable to that of last year, ac- eording to this week's United Business Service Report. In fact, n{m being corrected for sea- sonal trends, business in March de- clined from that of February and a further slight decrease is in prospect for April. Factory operations have ex- mdzd somewhat in April and building d up, with contracts thus far runnmg only slightly under those of a year ago. But as a general thing it cannot be said that the usual sea- sonal expansion has been enjoyed. Automobile output has increased steadily since last December, but is still approximately 30 per cent under 1929. Further gains in industrial oper- ations are likely to prove of only mod- erate duration, and the level will prob- ably not approach that of last year until Fall. Local sales conditions are very “spotty” all over the country. Most re- cent statistics indicate that the States of Delaware, Iowa, South Dakota and Oklahoma are relatively the best sit- uated, but even in these States some %t.flcu are faring much better than ers. GRAIN MARKET NEW YORK, April 26.—The follow- ing is today's summary of important wrponuon news, prepared Stand- nrd su s Co., Inc., New York, for ed Press ‘The Industries. ‘The Standard Oil Co. of New Jersey has rescinded recent increase of 10 cents a barrel on fuel oil at Cristobal and Balboa, Canal Zone, retaining pre- vious price of $1.20 a barrel. Rallroads—March net operating of the first 26 railroads reporting totaled $26,543,000, against $43,119,000. in March, 1929, a decrease of 38.4 per cent. For January net of these roads aggregated $27,765,000. Gross revenues of same roads for March was off 12.8 per cent from a year ago, but 4.9 per cent above their February gross. Railroad equipment—Order for three Pacific type locomotives received by American Locomotive from Chicago, St. Paul, Minneapolis & Omaha Railroad. Magor Car receives order for 25 caboose cars from Erie Railroad. The Companies. Alabama Great Southern March net operating income off 35 per cent from yelr ago; three months net off 45 per sidney Blumental & Co., Inc., had deficit of $124,021 in March quarter, against net income of 95 cents a com- mon share in 1929 quarter. Caterpillar Tractor declares extra dividend of 25 cents on common stock in addition to regular quarterly 75- cent payment. Ford Motor Co. dealer discounts in- creased up to 21 per cent on graduated scale, replacing straight 17% per cent, effective since November last. Ford Motor Co., Ltd., lets contract for construction of plant in Cologne. General American Tank Car reported may :cqui.re foreign subsidiary of Pull- man Co, Globe Automatic Sprinkler passes quarterly dividend of class A stock, last p;g'snent. 621, cents, on Pebrulry 1, Houdaille-Hershey Corporation earned 46 cents on class A stock in_March quarter, against $1.70 on class B stock in_like 1929 period. International Silver earned 69 cents on common stock in March quarter, ln!nsl $1. 79 in like 1929 quarter. endall declares participating dlvldend of !7 cents in addition Yo quar- terly dividend of $1.50 on participating preferred stock. Metropolitan Edison earned $14.10 on eomman stock in 1929, against $13.39 in 1928. Mobile & Ohio Railroad March net operating income off 17 per cent; 3 months net, off 41 per cent. National Distillers Products earned 81 cents on common stock in March qumer. against 26 cents in like 1929 quartes Nutlonll Fuel Gas earned $1.77 on common stock in 1929, against $1.52 in .March quarter Southern Railway March net operat- ing income off 36.2 per cent; 3 months net off 40.2 per cent. ‘Warner Sugar had deficit of $937,- 641 in 1929, against $478,974 in 1928. ‘White Motor first quarter sales pr:l)génlhly 10 per cent below like IDZB H.sdlo Corporation of America sum- monses charging violation of Clayton anti-monopoly act filed by Sunught Lamp Co. and Universal Electric Lamp in_Federal Court, Wilmington. Sinclair Consolidated_ Ofl repofled negotiating for Plerce Petroleum Cor- poration. Stewart-Warner Corporation declares quarterly dividend of 25 cents on com- mm stock placing issue on $1 annual basis, against $3.50 previously. Earned 51 cents on common stock in March quarter, against $1.58 in like 1929 Ulen & Co. earned 85 cents on com- mon stock in March quarter. Virginia Railway earned $2.55 on com- 109 27% 3% 8 51% 46‘/- G% 60% 28% 63% 28% #* 1 26 26 THE SUNDAY STAR, WASHINGTON, D. O, APRIL 27, 1930—PART SIX. 'WEEK ENDING APRIL 26, 1930. zast Week ‘This Year. Total number of shares sold.... 7.662,300 Same perfod a year ago...... 930— Low. Stock and dividend. 7% Acetol Prod A. 70 Acme Steel (4). . 42% Acme Wire Co vte (32). 1% A'nautical Ind war. Agfa Ansco. ... Agfa Ansco pf. 11% Alr Inv Inc, vtc con pf.. 119% Ala Great Southern(t7). 126 Alabama Grt 8o pf (17). 111 Ala Pwr cum pf (7). 1% Alexander Indust. 16 All Amer Gen Corp. 7% Am Capital (B).. 34 Am Capital pf (3). 37% Am Cit P&L A (a3) 14 Am Cit PAL(B) (b10%) 20% Am Colortype (2.40). 281 Am Cmwith P A(b10%). 3414 Am Cwith P B b10%. 3% Am Comwlith Pwr wai % Am Control. . 25% Am Cyan B (1.60)... 3 Am Dept Stores 110% Am D T NJ cv pf (7) 16% Am Equities. .. 60% Am ForPwr war. 118% Am Gas & EI (31). 105% Am Gas & FI pf (6) 60% Am Hard Rubber(6). 10 Am Inv. Inc. B. 4% Am Inv, Inc, wa 6214 Am Laundry Mach (4). 225 Am Lt & Tract (10).... 72 Am Lt & Trac (new). 31% Am Maize Products (3). 45 AmMfgCo (4). 1% Am Maracaibo. .. 7% Am Natural Ga: 5% Am Pneumatic Se; 94% Am Public Service pf(7) 55% Am Salamandra (3) 18 AmStPSA (1.60). 23% Am Superpower (1).... 87% Am Superpo pf (6). 94% Am Sup'p 18t Df (6)... 3% Am Thread pf (36¢).... 10% Am Ut&Gen B vte (40¢). 31 Am Yvette (new) w.i... 17 Amrad Corporation..... 10 Anchor Post F (b10%). . 12% Anglo-Am vot cod (73c) 12 Anglo-Am non-vot(73¢) 16% Anglo-Chilean Nit. .. 42 AngCoDpfA (4). 13Y% Appalachian Gas. 9% Arcturus Radio Tub. 1% Arisona Comm (50c) 4 Arizona Globe Cop. 8% Ark Nat Ga 102 Arkansas Pwr&Lt pf(1) 18 Art Metal Works (3)... 2 Asso Dyeing & Ptg..... 5% Asso Elec Ind, Ltd. . 45% Asso Gas & Elec (new). 36% Asso G & ElL A (12.40).. 7 AssoG & E debrts. 147% 144% Asso Gas & Elect cf 1 Asso Laundries (320¢). 4% Asso Rayon... 389% Asso Rayon pf (6). 265% Asso Tel Util (b7%). 20 % Atlantic Lobos. ... 15% Atlantic See Corp. 22% Atlas Plywood (2)... 6% Auto Music Inst(A) (1). 4% Auto Vot Machine. .. 9% Auto Vot'g Ma cv pr pt. . 5.426.400 E * Lhil++1 1 sexFerReFefenaBRaf TraCerry 22"e” +l'$++v\+l|'+++l‘ll|lll+‘l P - FRER ER FES (400414440014 415004+ 441110 ey " osreses L oy FESees RAREE: Mo FEFse ® Low. Steck and 61 Cosden Oil pf (7) 389% Coty, Soc Anon re 10% Courtaulds, Ltd 40% Cumberland P.L. 118 2% CurtissAirprtsvte.. B% Curtiss Flying Serv. Curtiss Wright war. Cusi Mex Mining..... Darby Petrol (1).. Davenport Hos (2) Davis Drug Stores o Dayton Airplane Dinkler Hotels (2) Dix Gas & Utiliti Doehler Die Casti Dolores Esperanza. Douglas Afrcraft (75¢) Dow Chemical (2)...... Draper Corporation(15) Dres (S R) Mfg.A (3%). Driver Harris (new)... Dubilier Cond &Rad. Duke Power (35) Durant Motors. . Duval Tex. Sul. w.l. East G & Fuel Asso. East G & FlAs pt East Sts Pow B (1) Eastern Util Asso ¢ Eastern Util Inv (A) Educational Pictures pf. Eisler Electric (1%) Elec Bond & Share (b6). El Bond & Sh of (6). Elec HouseUtil (2)... Elec Pow Asso (1).. Elec Pow Asso A (1) EIP& Lopt war.. Elec P&L 2d pf A (7)... Elec Shareholding (31). El Sharehldg pf (6).... Emer Bromo Selz pf(3). Empire Fire Ins. ........ Empire Gas&F cm pf(7) Empire Power Corp (2). Emp Pub Serv A (1.80) Empire Steel Corp. Emplyrs Reins(1%) % Engineers Gold... Europ El Ltd.A 60c. Buro Elec, Ltd deb rt: Evans Wall Lead. Falcon Lead. ... Fandango Corp Fanny Farm Can (1) Fansteel Prod..... Fedders Mg Co (A) Federal Baking Shop. Federal Screw (3).. Federated Metls (+1%). Fiat receipts (1.25) Fiat Stk deb rts. Firemen's F'd Ins (‘). ver 115‘% First Nat Copper. * Fischman & Sons A. Flintkote A (1.50). Fokker Aircraft. Fox TheatersClassA Franklin Mfg (2)... Franklin Mfg Co pf (7). Galena Signal ctfs Gelena Sig cod n pt. Garlock Pack (1.20), General Alloys(80c). . General Baking (X ) B H 1 § 2 Jr¥E #1411 +25 wxPern? sass s w2 w2 Fesss - Sa B 25 2B 380 - ARSI NN RS L AR S| FE 144 T SR e 22 sexesd px Pep Frels (R N RN E S L AN E AR Lone Star Gas (1). Long Isl Light (60¢).... Py Long Isl Lt pf (7). Louisiana Lan & Ex. MacMarr Stores (1 MacMillan Pet($2) MagdalenaSyndicat Mangel Stores. MangelStores p: Mfg Finance Co v.t. Mapes Cons Mfg (3) Marine Mid Cp (1.20! Marine Un Inv (1) Marion Stm Shovel Marland of Mexico Maryland Casualt Mass Util Asso Mavis Bottling. Mayflower As: Mer&M{gSecA (1.50) Mergenthaler Lino t6% . Mer Chap & S(1.60). Mesab Iron. .. Mesta Mach Co (11.70). . Met & Min Inc(1.20).... Met T Cor pt pf (t3%) Met Chain Stores. .. Met Edison pf (6).... Mexico-Ohio Ofl. . Mid Sts Pet v.t.c. A. Mid Sts Pet v.t.c. B. Mid West Util (b8%). Middle Wst Ut war(A).. Middle Wst Ut war (B), Mid Royalty ev pf (2).. Midland Stl Prod, n (2). Midl United(b1% %) Midvale Co (4)..... Mid Wat Sta Util (1%)." Miller & Sons (2). . Miller Rubber pf....... Ming Corp Can (26¢).... Miss River F Cp war. ... Mo Kan Pipe L (b10%). Mock Jud Vohrgr(2).... Moh Hud P 1st p2(7). Moh Hud P 2d pf(7) Monroe Chemical (1%). Montecatin{ deb rt Moody’s I 8 pt pf (3 Moore Drop Forg A (6). Morison Elec ($1).. Mtg Bk. Col Am sh 1.91. Mountain & Gulf (8¢)... Mountain Prod(1.60). Mountain St Power..... Mount St Pow pf(7). . Mountain St Tel&Tel (8) Municipal Service. ..... Murphy Co (1.60). Nat Amer Co. . National Aviation Natl Bond & Share Nat Contalner pf (2). Nat Dairy Prod pf A(1). Natl Family Strs (1.60). Nat Fam Strs pf (2).. Nat Food Prod B(b2%). Nat Fuel Gas (1) Nat Investors new. Nat Leather. Nat Mfrs & Stor Natl Pwr & Lt pt (6). Nat Power & Lt pf (7).. Nat Pub Serv (A) (1.60) Nat Rub Mach (2) Nat Screen Service (2).. Nat Steel Corp, xw (2).. Nat Steel Corp war. Nat Sugar N J (2) Nat Trade Journal, Natl Transit (1) Nat Union Radio. Nauheim Pharm pf. Nebal (Oscar) (1%) Neptune Meter (2). Nevada-Calif Electr AL FEEFSEFEFLE VL #4441+ - 2" YRR T #aFEea » I+++ +1++ +1+ sep "Re®e2® sere RUOF 2B 41 L+t Li++1 o FEFRFRF I+ +1 4414 t:;a FINANCIAL. 2 Royll Typewrit 1'3%) . Russek’s Fifth Av 1. 3% Ryan Consolidated % St Antony Gold... 9% St Lawrence Papr Mills. per ter & Zander. 18% Sohlettr & Zenae pE(EIE) 6% Schulte Real Esta 2% Schulte Un be to! 5% 64% Sec Corp Gen new (4). 650 Security Corp Gen (19). 0 42% 36% Seeman Bros (3). 8% 5% Segal L & Hwde(50¢ 10 Seiberling Rubber. 7% Selected Ind.... 28% SouthCalEd pfA(1 24% So Cal Edis pf (B) 22% SouthCalEd pfC(1 23 So Colorado PwA (3 4% Southern Corp. .. 18 Southern Pipe Lin 9 Southland Roy (1). 7% Southw Dairy Prod 1% So West Gas Util. 82% 67 Spleg-M-Stn pf(6%)... 36% 33% Stand Cap & Seal (new). " 106% Stand Gas&E! pt(7). 20% Standard Holding Corp. 70% Stand Investing pt(5%) % Stand MOtOrs.......... 49% Stand Oil of Ind (2%).. 33% Stand Oil of Ky (1.60).. 44% Stand Oil of Neb (13%). 81 Stand Oil Ohio(23).... 1 117% Stand Oil Ohio p£(7). ... 62 Stand Pwr & Lt (new).. 61 Stand Pwr& Lt B..,... 99% Stan Pow'& Lt pf(7)... 13% Stand Pub Service Co A. 20 StarrettCorp.......... 34 Starrett Corp pf (3) 16% Stein (A) & Co(1.60). ... 81 Stein(A)&Cocu pf(6%4) 10 Stein Cosmetics Inc. ... 1 Steinite Radlo.., 12 SterchiBrosSts(1.20) 7% Stinnes (Hugo). . 10% Strauss (Nathan) (1%). 26% Stromberg Carlston (1% 22% Stroock &Co (8) % 15 Struthers Wells Titus. . 1% Stutz Motor Car. 14 Sun Investing.. 39 Sun Investing pf (3). 16 Sundstrand Mac. Tool 5% Sunray Oil (40¢c)....... 38 Superheater (13%)..... 30 Swift & Co (pew) (2) Switt Internat’l (3%).. 6% Syrac W Mch n u) 19 ~ Taggart Corp ErsateeRErsasnsfa Fan T “§§u§=§u=§==n AN H 8% ‘Wheat Scores Late Recovery After|mon stock in March quarter, against $3.12 in like 1929 quarter. Aviation Credit. . Dropping in Early Trading. Walker Mining earned 47 cents on B e e CHICAGO, April 26 (#).—Wheat |common stock in 1929, against 10 cents % scored sudden price upturns at the last |in like 1929 quarter. 122 Babcox & Wilcox (19).. Gen E Ltd rots (50 ). today owing a good deal to intimations| Warner Bros. Pictures Pacific Coast 2% Bahia Corp.. ceene ks lr:eco ). that big business was under way in |subsidiary plans erection of six new 6% 1% Bahia Corp f. "lrlvnmf :r’.,.‘.) wheat from North America. United | theaters in Los Angeles and vicinity. 20% 15 Baker (J.T.) Ch 130, Gas&El £B (8). States hard Winter wheat was reported | Warren Bros. Co. received orders for | 50% 46 Bancomit Corp. n(1.60). Gah Indts m": 5 ). as being offered at prices below either | approximately $5,800,000 New York. 80 77% Baumann (L) pf (T).... Qe Tavid G‘o' nh.|..... icago May q al cenf > GenWW&EIA(2). ... 116 115 Bell T. of Pa. pf.(6%). L T e ey S COOL WEATHER DELAYS | 1i&" 15" soi afa'neeid L e May wheat in Chicago appeared .to RECOVERY IN BUSINESS 28 Biekford Inc bt (24} etting support from farm board ‘alliu - e e Special Dispatch to The Star. Sable: NEW YORK, April 26—Spring is far W 2 15% 6% Blue Ridge Corp. ¢ g e e, e siris; | 44% 33 Blue Ridge cv of iad) well as statistically, and with industrial | {47 57% Blumentnal ( activity continuing unseasonably cool| 75" 3" Bohack (H C) (,%)_ the venerable veml pickup in business 9% 6 Bourjois, Inc (1).. this season so far lacks snap and sun-| 29" 13 Bower Roller Bearing. shine, says the Business Week in its| 55 35% Brasil Track&L (3).... ;eport covering the week ending April 5 21 Bfld‘ew" r‘:: (26e). % 104 Brill Corp. A (85€)...... ‘What chill has rematned over in the [ 5if 51 Beill Corp B, ..rors business atmosphere from last Winter | 163 10 Brillo Manufacturing “[has been made a bit more uncomfort- 23% Brillo Mfg A (2). able by unseasonable weather. Indus- 274 Brit Cel Ltd rets trial activity continues unseasonably | 29y 21 Brown F & W(A)ov 2.40 cool. 69 57 Buckeye Pipe Line (4).. 26% 241 Buffalo, N&EP pf(1.60) 32% Bulova W ov of (3%4)... 65 Bunker HIl &S (16%) HEY L IGEREEHURC H'& 1C0O 8 Burco.Ino........ - 4 3 Burco. Inc. war. 41 40 Burco, Incevpf (3).... 3% 2% Burma Corp. rets (1316) 174 104 Butier Brothers Gte). . 41 Bwana M Kubw Cop. 3 Cable Radio Tub vte. ¥ you would invest o B SR hundred dollars or ninety 3% Canadian Marconi. times a hundred « =« = NewBradfdoOil(.60) New Eng Fuel new. New England Pwr ( New Eng Pow pf (6). New England T& T (8). New Haven Clock(11%) New Jersey Zine (14). New Mex&Ariz Lan. 24% Aviation Corp Am. General Bnkln‘ Bt (35 54% Tampa muu-le m). 67% Technicolor, Inc. +14++ $4+0 | $2552 fererore FREFEFEL FF 4% Thatcher Sec Corp. 18% Thermold Co (3). b &% 8% Thermoid Co Df (7).« it 43% Tishman Real & Con.... was"y $eeses ERsf - = E3 FUh004 #4041+ +ltl++ 144114214+ +)1+ 10 - % N Y & Hon Ros (t1%)... n - % N Y Pet Royalty (1) 11% + % N Y Power & Lt pf (6) 01 N Y Pwr & Lt pt (1) U1 +1 N Y Rio&Bu Afres. ... 4% + 3% N Y Tel pt (6%).. 3 1% - % N Transit; n (¥1.70) 206 + 4 e seaye S 4 Tel Uellitien pt Niag H Pow Bwar...... 159 + 1% 34 Tiussrory Brorest Niag Shares, Ma (406) 20% 1 | 22% 18 Tubsize Chatillon coup.. Gold Seal Elec new % Niles-Bement-P (12%). 38U - 3% 20 Tung-SolL(3)...... Gorham, Ina Ay 34 Nipiasing (306)........ % 1% S5 TuRE-RCITAmp BE (¥)% g v.t.c Noma Elee Co (1.60) 16% +1% 17% Ulen Gotham KnitbacMch. . . Noranda Mines (3). 32 - 3% 36 Ungeriside Gramaphone rets (2.91) . Northam W cv pf (3)... 38 38 27% Union American Inv. Grand Rpds Var (1). Nor Am Aviation A war. % A% 25 Un Nat Gas, Can (1.60). Gnymur Corp... North Am Cement. . 5% + 1% % UnfonTobacco. .. GrtAsPTean v{5). No Am Lt & Pwr m-l.). 83 411% 16% United Amer Utiliti rt A&P Tea pf (7) North Am Util Sec. . 3 11 Unit Carr Fast(1.20). Greenfield Tap&Di: North Cent Tex (60¢)... 10 10 — % 15 United Chemiecal. Groc Store Prod vte. North Stat Pwr A(8). 175 -3 Nor States Pwr pf (6) T 9T% North S Pow pt (7). 109% + 1% Norwich Phar Co. : 82 3% Novadel Agene (2). 3% - % Ohio Bell Tel cum pf (7) 114 -1 Ohio Brass B (5).. . 5% Ohio Brass pf (6). 1 106 + 2 6% United Gas war Ohio Copper. . B R - 40 United Gas c.0.d. Ohio OIl (4). 941% United Gas pf (7) 27% Utd Light & Pwr A(1) 80 UtdLight&PwrB (1).. 90 97% Utd Light & Pwr pf (6). 1. Outboard MotA (1.80)... 22% Unit Molasses, Ltd. Outboard Mot B. . 2% 1% United Profit Sharing. Overseas Securities (1). "?% ‘l’hl::a}g l:llcl'i|l|n S‘rrvi"l:’;.’. Pac Coast Biscuit (1). nit Ret Chem p! . Pac Coast Bis pf (3.50) 60 Unit Shoe Mach($3%... Pac G&E 1st pf(1%).. 52 Pacific Lighting pf (6).. Pac Pub Ser (1.30) Pac Western Oil. . Page Hersh Tubes(5)... P:l‘l:ln:rolfl. s 1 % 17% U S Foil Co. B (1 Pantepec Ofl 3 42 U SGypsum (1.60). Paramount Cab (b8%) Paragon Ref ctfs. Parke Davis (11.45). $233%5 BROER +4++ 10 gof3 & g ® i+ 4+ LHti++0 10 s #Ex®" grserTea¥ 2 33 in - = * - © FERER Guenther Law (2). Gulf Oll of Pa (1%). Hall Lamp (11.50) Hambleton Co cfs 3. ® F 1 | % © 3 85% Unit Founders (b2.35).. 19% Unit Gas Company. 22% uUnited Gas new, A A K ® Can Hartford Elec Lt @%. Hazeltine Corp (1) o & C ) ERR FRFEFERF Ohio Ofil, new. cu pf w. Oflstocks, Ltd A (350¢). Okla Gas & El pf (7) EF R EFfR 9% 58 51 * Can Pacific (new) w. 16% 16% Canada Pow & Paps 144 U+ 44144 o ++14+1 411 *3 P 3 Home F & M Ins (1.60). . 108% Caro Pwr & HonolIe. Con (Y 39 Carrier Engn-v A (1) Hormel (Geo) (2). orn&H 5314 Cont & Swat Gid Houd-Her cv ptATH 12 ‘en! W 951 Cen & S U prln (7). Houston Oil of Tex n.... 30 Cent Hud G&E n(80¢ 25% Cent Pub Sve. Del. 34% Cent Pub S(A) (a! 19 Cent States Elec (240c). 72 Cent States El pf(6)xw. P ~ “ Sasas Ei S e MR Before offering any income-producing securities to Washington Investors we made a thorough investigation of all types. The facts presented - & At ® @ = Hygrade Food Prod. ¥ determined our selection of Investment Trust Securities as possessing greater advantages to both large and small investors, from the stand- point of safety, yield and appreciation. Since last fall Investment Trust Securities have been bought by the seasoned invéstor of large holdings as well as the shrewd small investor in greater quantities than ever before. High-grade 17% 4% Centrifugal Pipe (60c). 2% Chaln Stor Development 12% Chain Stores Stoc! 2214 Charis Corp (¥3). 22 Chatham Phoe Aln-v... 22% Chemical Natl Asson-v. 53% Ches & Ohfo n wi. 184'/. 165 Chesebor Mfg (t4%) 16% Chicago Corp (The). 113% 106% Childs Co. pf. (7). 2614 Cities Service ($30c) 88 Cities Service pf (6). 8% Citles Ser pf B (.60).... 87% Citles Serv P & Lt pf(6) 93 Citles S Pr& Lt pf (7).. 20 City Mach & Tool (#2).. 46 City Sav Bk, Ltd (2.70). VY] + T4 Imp Ol Can n (50c). Imp Tob, Canada (25c) Ind Pipe Line, n (12%4) Ind Terr Illu Ofl (A) Ind Terr Illu Ofl (B) IndusF1 ctfs(b10%) Indus Fin cv pf (7) Insull Util Inv (b6%).. Insul Ut Inv2d pf(6)... Ins Co of No Amer (13). Insurance Sec (1.40).... Intercoast Trade Co.(1). Intercont Pete new. .... Intercont Power A (2) Intl H & Inc Co(10c) Int] Petroleum (1) Intl Products. ... B AL N N S es"seExe - & Patterson Sargent (2).. Penn Mexico Fuel (2)... Pennroad Corp. . PennG&EA (1%).... Penn Pwr & Lt pf (6). Penna Water & Pwr (3). Peop L&P A(a2.40) . Pepperell Mfg Co (8). Perryman Electrie. . ... Petroleum Corp (1%). Petrol Corp war. . Phila Elec Co pf (5). Phila Traction “‘&) Philippe (L) A (11.80).. Pierce Governr (1%)... Pllot Rad Tube .A(1.20). 10% Utility Equities. . 88% Vacuum OIl (14%). 7% Van Camp Pack.. 10 Van Camp Packing pf... 37% Veeder Root (23%) . Investment Trust Securities (both fixed and {nu Superpower ($1)... 14 Venezuela Mex Oil. management type) offer safety of principle with Cabasi ety arsonas (31 excellent yield (6% or better) and a potential 16" Clark (DL) Co (1) : SULTHI (A) (836) inerease in market value that adds immeasurably 18 Cleveland Tractor 1.60.. ntornatl Dellities(war) to their desirability. t+1+ +1 - 3% Club Alum Utensil % Colombia Syndicate. 534 COIoB Ofl. v s sassens Interst Eq ev of (3). 26% Colts Pat B Arm (2). 8 Interstate Hos M (1.40). oy Interstate Power pf (7). 89% 16% Col Oil & Gas v! Iron Cap Copper. ... 2% Iron Firev.t.e. (11%)... 24% Irving Air Chute (1.50). 24 Irving Air Chute. . 9 Italian Superpowr A Ital Superpower war Jefterson Elec(1314) Johnson Motor Co. Jonas & Naumburg. 2rss xr2f 22 n Co. 8% W-lk.r (H) ). 3% Walker Mining (7% 1% Watson (JW) Co S-gyp5t [RE RN E AT SeSEE +144+ 101014+ LB TR North Ask for pamphlet K-1, describin, American North American Trust Shares, of which investors have purchased #67,000,000 worth since Feb.1929 - - Com’with Edison (8)... 3% Comwith & Sou (war). 12% Comm Wat Serv b6% % Comstock Tunnel. 14 Propper McCallum (: 29% Providence Gas (11.40. 93 Prudence Co pt (7). 14 PrudentialInv.... 9 Pub Util Hold Corp war. 17% Public Util Hold w w. 99 Puget § Pw & L pf(§ 7% Pyrene Mfg (800). 110 Quaker Oatspf (6)... 16 Radio Products 1. 8% Railroad Shares Coi 8% 3% Winter (Ben). 69 Railway & Lt S (16) : 2 Woodley Petrol. 12 Railway & Util Inv (A 2 Worth.Inc. A. 8% Rainbow Lum ProdA. . 2% % “Y"Oll & Gas, 3% Rainbow Lum Prod B. 6 120 98 Young (J 8) (10) gg Raymond Con (4) X 21% 17% Zonite Prod (1. ymon ‘on pf 9 HEVBNGR.:. ..o nmn’u—lxnu & Red Warrior . % 7 Ind Ter (s7d)...Apr30 % 26% Reeves (Danfel) (1%).. 2% Relter-Foster (40¢).... 174 Rellable Strs (b5% ). 4 Zenith Radio. %u elience Bronz: ?-c" ol Relia Intl Corp A w 1 llu + 3 |eash & stock. 'E"-H-J‘.".'& 16% Reltance Management. U+ W eSS I B dollare Sanseon tant ey - - ++1 - 30% 2) 137'/. 126 Wheeling Stl pf B (10).. 6% 2% White Eagle Oil1 db rts. - §" u;;ggngfiflisg 1% Consol Auto Mer cum nl 5 Consolidated Copper 18% Cons Dairy Prod (2).... 90%’ Con Gas of Balto (3.60). 127'/. 21% Consol Gas Util A(2.: lo 10% Consol Gas Util B, v. 258 """srr sesFFreest win Koppers G & C pt (6)... Lackawana Sec (4) Lake Superior Cor Laclede Steel (2). 141441 w#Feafs g 17% 12% Continental O1l. .. 107 101% Contl Gas&El pr pf 53 28 Cooper Bessemer (2) 38 Cooper Bess pfA(3). 5 Copeland Prod Inc A 302 Peoples Life Insurance Building 14th St. ot H - Metropolitan 2721-2 + e - FEFEFERT FRFFEUS FEF EPEF Lefcourt Reaity LefeourtRity pf(3 Lehigh Coal&Nav( 1% Leonard O1l. UR1L Larner Stares (21 753 UL +++++1 + l# FF >