Evening Star Newspaper, May 13, 1930, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. ©, TUESDAY, MAY 13 1930. FINANCIAE, wFe A13 - POTATO s hiten 2 B0a2 T8, Fancy shade higner: Real Estate Loans Made NEW YORK STOCK EXCHANGE camiomiar s o brmprema I SRCILAEV AU | o Sy e #rif " of Agriculture). — Potatoes: Recelpta, |stock: Trading fatr: %,‘,:’.‘" ;lggg.y Linkin Joseph I Weller S5k 08 tren J d Recelved by Private Wire Direet to The Star Offien. 80 cars; on track, 387 total U. 8. ship- | STODECE; Texss sacked Bliss Trlumpns, IN MARKET UPTURN e e . o ke S LS SRRl Notice—All stocks are sold i ome hundred-share ~Prev. -~ 3 3 excepting those designated by the letter & (850) Meh1ow | DindenaRate Aad oo llll:l. v Glose. 'Mchlhmfi*flmhhflhfl‘bfifl’ » W% Cubantkin “.‘r bt ZPrev. 1930, erov. Gioss. | 48 41% Cudahy Packing 5 aon @n en 1274 1140 Gurtis Publeh B 2 List Heads Upward Toward b Pwr 3 it 10 ST F. B. KEEC.H & COMPANY A HI Tt Wright Corp A« . T Noon After Early Period Advance Rumley . 18% 43% 28% Davison Chemical 3 o s Advance Rumley pf. li::: 4 };7 Y m‘.m.m.‘"m i Alr Reduction (3) v 1% & . ® Yort Curb Bchange e of Irregularity. Alr Way TIAD(2%). ¢ 20 121 ) New York WASHINGTON Philadelphia Liverncol Cotten Assecation, L New York Cotton Ex: II Ajax Rubber. 2 60 change A st 3[‘!!%“‘“ Alaska Junea 4 195% Richmond London i-:nmo—l-hr- {Asse. Mo u')‘ “ma#.‘ Grain Exxhases BY CLAUDE A. JAGGER, Albany Wrap P 4 30% % 36 ulcu:t:nn " Tnc. i Eechas Associated Press Financial Editor. Allegheny Corp. 8 . h-n YORK, May 13.—Efforts were | O o 3 MEMBERS ke leg C pi made to lift the sgock market out of | T arow trading, cut_ today. with the | 1 el LT New York Stock Exchang 3 ofl shares providing the Speculative | H s ; fuel. Trading during the first hour was | . Deplan Sl or & Washington Stock Exchange - S IVATE > the dullest in several weeks, with only Am Agricul Chem 5 Lu Pont de N (14.16) Richmond Stock Exehange ECT P WIRES a few of the utility, and specia! F ASHicoTONRE. .. T pont deN db pf(6) | issues showing notable vitality, but | A Bank Note ot / Bastman Kodak (13) New York Produee Exchange after midday a strong buying move- | 12 Am Beet Sugar. 3 < 3 New York Curb Each ment in the petroleum issues began to Am Bosch M 3 ew Yorl qurl zchange drag the list upward and there were T e - : H CORNER 17TH ST., N. W., WASHINGTON ey el and sl 77| 2280 015 Am BTSN AVR T 1 o % 1o o o ut orniant B o s NATIONAL oats - m Brown Bov Elec i bg:&x."cvtrhu!u e e 1 Pwr & Lt of 1510 H Street Connecticut st K e vea: @ncaoe Peacaren et ey culties in bringing the smaller pro- | 1451 Elee Storage Bat y . SEASONAL BRANCH OFvICES ducers into line with the conservation 0 National 9600 ORI, o movement in California, but it was an- | R e nounced today that Santa Fe Springs operators, with the exception of & few, had agreed to curtail output to 57 per | cent ol potential capacity. Further- more, a survey of drilling operations & Kvans Auto Lag 3% in California discloses that major oper- Am & For Pwr Df(’ G Fairbanks Morse (3) ators have curtalled activity by 40 to | 9 Am&Forn Pwr 2d pt. i Fash Park Asse 80 per cent. 3 Am Hawallan 2) F ‘There has also been some talk of Am Home Prod(4.20) :l.l:hll'"!‘ lhfle p}'llc;tincreucs in t:: K ol 3 3 it, although Wal reet understan I3 1ading refiners may delay such action ; nvestment Tru fOfl’ a time, as it would probably be fol- T&R (3 1 A leed I e e t s advances in midcontinent atudo quotations. For the year to date consumption of petroleum products has been running 8 to 10 per cent ahead of 9 last year, although earller in the year Am Pwr & Lt pf it was stated in oll circles that a 5 per | AmP&Lpf A ( SIIPEP-Cfll'pOl’atlflllS of America cent gain would be satisfactory. Am Ra&Std San 3 Fox Film (A) I ‘The day’s business reports were in 2 Freeport, Tex (15, 4% = general moderately favorable, the ex- ; 3: Gardner Motor., | us ares port copper price was put up to 13.30 5 o 2z G cents a pound, in response to the ad- Trade I;l%llt;lt‘end that sales had picked up PARTICIPATING OWNERSHIP IN 30'COMMON STOCKS lppne ) several lines ce the 831 18t of M d that dealers’ stoc] 2 43 are low. .X t‘:n' m:' M:.n‘" ¢: 5 a 4). b SERIES A s SERIES B a R o iaae SNy 1, aredly £3 e - (Maximum Return Series) (Capital Accumulation Series) Buying on a large scale of half a Y LY i 1 248 : . | " . 32':3?&‘::‘5‘:: ;‘Sifi it e ot s o 9% | The Fixed Portfolio: The 30 great corporations whose common stocks, all listed on the New York Stock 3 . : . N Lol L L e L BT Am water Ws cai). 28 "| sex A Exchange, form the fixed-portfolio of Super-Corporations of America Trust Shares, are the recognized cn;flg-]u’mgfigfll;‘ points, A'l:‘i:_f S Wastan i g ¥ t leaders in their respective fields. Each trust share represents a 1/2000th non-voting partioipating owner- 7; Houston Ofl, 5; International Har- 2 ship in a unit which includes the following block of common stocks deposited with the Trustee—Straus vester and Columbia Gas, 4, and Stan- - dard Ofl of New Jersey and Loew's, 3. - - National Bank and Trust Company of New York. The closing was strong. Sales ap- et la W&C (3). proximated 2,800,000 shares. - nchor Cap (3.40) e Anchor Cap pt (6%). 2 96 :re:cr«gl-. ). 4 Archer- £ (7 T Armeuz et it 1% . % THE FIXED PORTFOLIO NEW 3 — rmour « ! Bank stocks and c:::y lhllrul%%:nnod- Sempueof 1l of :'n. 1 No. of ( Moody's No.of | Moody's erately active but irregular today. First Arnold Constable. . .. 9% 9% 9 3 - Shares Compony Rating Shares Company Rm:! Pointer Chase: 108% ap. - Netonal 3% Auso Appind (4) 3 . RAILROADS INDUSTRIALS &lty, 19915, up 14; Bankers, 1623 ot Aseo Dry G (13). ‘ l : Goodricn (8 | [ ié i 1,; Bank of United States, 64%, up %; Asso OI1 (2) ool ) ¢ 4 The Atchison, Topeka & Santa Fe Ry. Co. A- 4 Allied Chemical & Dye Corporation ... A Chatham, 13415, up %; Central H-nol % il tll:)- o c:oaifif.’",“’ : ¥;";’°‘k ?"':";.‘,‘:m‘cc;m’* 4 American Can Company . . ... Baa D ch To 3 fm’:l.' SEms s AR ot Bt 112 § fommeen Tl Compney L nufacturers, up e Gu . 4 op Pacific Railroad Company. e Borden Company ... . ““ * St “A 4 4 Ametican Power & Light Company _—- f Ams 38 Brooklyn Trust, 815; Stores (n1)... s ahemlgfiu] c:ommerz:?;l( 5251 f"‘!' :::’:_’; :fil.:_‘;;gh 5 oy : éfifififi: g:: 3 =£{f"':1""=ef;i Baa : ?::r:ldt:elmmc C::t:nc,onplny :. e, ; Irving, ), An [anufactur- oA Aviation Corp of Del 12 J 3:‘"":{,;"::5:_‘,‘“~ . 4 Consolidated .Gas Company of New York A 4 Liggett & Myers Tobacco Co. (Class B) A —_ Baldwin Loco (1%). 4 8% 28 - Grt West Sug (2.80) 4 The North American Company.. .. Balto & Ohfo (1) 7 Grt West Sug p (1, 4 Pacific Gas & Electric Compan; 8 National Biscuit Company.. Az PARIS BOURSE PRICES. £ p! pal 78% Balto &Ohlopf¢4).. 8 58% 83 Grigsby Grunow. 2 8 The ‘U-R.d Gas Improvement 4 Otis Elevator Company .. A PARIS, May 13 (n—'n-mln; was Bang & Aroos (3%). 14 77 7 Guif Mo & N pt 4 The Pr & Gamble C quiet on the Bourse tod: b 20% Barnsdall A (2).... 85 284 80 Gulf Siates Steel OILS e Procter & Gamble Company - A Three per cent Tentes 88 francs, 55 58% Beech-NutPkg (1).. & 60 4 Standard Oil Com; £ California 8 Union Carbide & Carbon Carporation..... A centimes. Five per cent loan 101 francs, 4% Belding-Hemingway 2 4% a ipany of Califor & United 'u.( Stee) C i 20_centimes. 4 32% Bendix Aviation (2). u 4m 3 H 3 [] dard Ofl Compa (Nn Jersey) e es St orporation . - A Exchange X mon 133 francs, 92 :B: :.gln ht:o ). £ - 4 The Texas Corporation... 4 Westinghouse Electric & Mfg. Co... A S e 30 ceimne. o o & o T ST i uz« s o6 ekl 0 MOODY'S COMPOSITE RATING “A™ —_— 34% Blaw-Knox (1%). G014 Boraen Co 063) TRUSTEED SHARES 3 Sibioft ek himana o 4Rl FEATURES OF SERIES A FEATURES OF SERIES B ofs "who demand 'm?_-’fi 21% Briggs & Strat (1) Hershey Cho pt (16) ;'5"3“.“.; gor i Jnfi‘.'._un_' js& gm::: o B30, 100p r Holland Fur (et1%) : (Maximum Return Series) (Capital. Accumulation Series) rockway Motor Trk Househ ; . "(‘_.."‘f:—" Al o e T S T ouston Ol (b10%) Stock split-ups, stock dividends, scrip dividends, Stock split-ups and stock dividends in excesss Stindard @sllateral 131 Bklyn Union Gas (§) e 3 w;rr;.ntl. rights and fractional shares so/d by of 109% retained by Trustee to the extent evenly 2 & A ais o Skares Corpontwn fi::',:: :::. ;;‘::, r :i e fm:’tu and proceeds credited to distribu. divisible by four. Woodward Bullding. et. 8788 Hupp Motor Car (3). ;s s Cash dividends together with the proceeds of AASBR D a . ! Cash dividends also credited to distribution the sale of stock dividends of 10% or less, stock mmgln :1'-2«7:“ Ind Motor Cycle. [ i fund. dividends in excess of 109 and stock split-u 3 cnfi" mxchiBee” Ficias Sver 8% 9% 9 96 IREANeLor Cyeloipt to the extert not evenly divisible by four, scr Illll 37 Burr Add Mech (1) 4 T 2 Ty 2 ’- P L R 109% Bush T Bld pf (T). .0 Indian Refining rets. Reserve Fund of $1,000 per unit (50 cents per dividends, warrants, rights and fractional shares, % 7§u gl'l."((::p :) Z (50¢). ‘: 3 . k3 8. i3 90 "““'.".;fiffi‘::h'."‘,’ trust share) to help, if necessary, to maintain etc., will be credited to distribution.fund. i \ M st ok rond J i InenranesBt ehaye. :;:;;m e oDNCA (WA paE No reserve fund provided, as Series B Shares First Mortgage Loan 164 CalumethLiscta). e 5 5 ksl e Gy e feature capital accumulation rather than return. ok s ¢ 57% Cana g 1 Bus M owed, at New Yor earing House Applications 1%7{;& ‘i.::-,;"'?g":""‘mi 2 rates, on reserve and distribution funds. ln:ernl n;lore;ly :t N:Wd‘hl’k Clearing House acifia (new) w.l. . | rates, on distribution fund. Invited at A o oA ), 103 A record of underlying stocks—1921-1929 incli- SR S S 60 sive — indi an average yearly return of A record of underlying stocks—1921-1929 inclu- 5 I 7 lél‘s cc:::: ,',’ :; ";lnfl’t‘iv.im'o 130 ,%(, A ;!;27'/, on an original investment é{n Series A sive — indicates an average yearly return of 4% = 2 . o P . o Yy PR e ol Intl Hydro EL A ( ares in 1921 (assuming existence of trust since 13.31% on an original investment in Series B / 2 % . gcm:s L) % o TR EOEEE that date) plus appreciation of 74.309, or, if all ' Shares in 1921 (assuming existence of trust 2 f c:;{:,nf,.:"“;,;“’". 4 i 304 Intl Nickl of Can(1) distributions had been reinvested semi-annually, since that date) plus capital appreciation of Construction Loans 36 Checker Cab (4.20) .. “ Inti Pap & P (A)2.40. 1 an increase in value of 591.59%,.* 402.7%.* i 201% Chea & Oh10 (10)..., . 2 e @ | Gl & Flath s eSS R A Enat ey Readily‘nurkeubh and convertible into cash of Readily marketable and convertible into cash or over ather underlying securities as explained below.t underlying securities as explained below.} i 1508 H St. N.W. 5 o 9 PRICE AT MARKET PRICE AT MARKET National 1753 et ," 25 st (Now about 101%) (Now about 10) 136% Chi& N W pt (7). L 17% Chi Pneu Tool. . ¢ In compiling the above data, the averages of high and low quotations of the underl; tock: £ the ti lggu g:lx m.:;g::#'): o b i, e { que ying stocks and of the trust shares 107 ChiR1& Pacpf (1). 98 o (3) 4 The distributérs expect to maintain a close market and will furnish dail; tat to leadi: 58 Childs Co (3. 17 6 o i 3 23 aflt}i‘pln Yef skO% :m ? cmfirud v:’l!lllout mmlg \hflmfl'th the ‘l‘mnnd (‘mo C’h:‘:;:do::;l’u‘:t::hm:un:!' ;%i‘gh.:lal?:"d.ol: e New Yor| oc! XC| ge; and lesser numbers may be converted into cash. GENERAL "P'cK UP" . 2 ; No substitutions may be made in the deposited stocks except in certain cases of merger, consolidation ; s or reorganization. Any stock ce lln; to pay usual dividends may be eliminated immediately and must $1 500 S e ) be eliminated if no dividend is paid for six months thereafter; and also any stock that has become unavail- s lii?‘, g:}:.m.. .fi.:‘é?. :r::! :n. grc;;t‘(:u : able for making deposits of addl}lonsl units, may be eliminated as described in the Trust Agreement. Pro- o‘N;:t:/"v::yn;‘nt‘-“g 2% Comm Credlt (1) 4 8 eage (88) bf .. s ceeds of sale of any underlying stocks shall be credited to the shareholders’ distribution funds. Holders of M i I min(ht. i Zi‘: {::3;:: ‘c",‘."."xi‘.(".};, " - Series A Shlr' s, upon surrender of coupons, may reinvest (in five share lots) all distributions at Depositor's :.Ir.t':. l:‘:'.-::u. ":yun:'::l:: g LT “m o bid price at time of surrender. Holdefl of Series B Shares possess no remveltment'tightl as the Trustee proportion. Find out the e Seemlay 08 retains for the shareholders stock split-ups and the larger stock dividends as explained above, so that the fondertul things you can de sé CommTuy -r;':,r'.' y.'f b problem of their reinvestment does not arise: Trust shares are issued in denominations of §, 10, 25, 50, 100, dicate P Payment sched- E?": %;:?(,E.‘:.",";:,‘.‘.{,’z : $00, 1000 and 2000 shares. w 2 44 Conde Nast Pub (: 13% Congoleum-Naira We Invite inquiries from dealers interested in joining the nation-wide group formed to distribute these shares. - Send echedules and full Information en the Inves- tors Syndicate Plan. The information eontained in this advertisement bas been compiled from wtatistieal and other sources and is aceepted by us as reliable but it is not guarastoed by ws. All statements are subject to fuller explanations contained in the detailed eirculars describing Series A and Series B ahares, eopies of whick wii! be furnished on request. B cesececn Niorn NOMIO00 < vivsdusoponisess b B oot 2 T O -3 H o5 i3 Legal matters in connections with the ereation of Super-Corperations of America Trust Shares have been lNVE STORS 4% Container(B) 5% LouG & EI(A) (1%) 43 45 approvd by Messrs. Ruskmore, Bisbee and Stern, and Nicholas R. Jonés, Attorneys, of New York City. 27T1% Contl Baking (A) Ludlum Steel (2) 8 - ’ 3 4 Contl Baking (B) & 3 McCall Corp (23%). 17 YNDICATE e femHes | S. W. STRAUS & CO n " g FOUNDED- 1894 23% Contl Dia Fibre (3) e 3w 36 MocKenson & Rob (1) & ] @ ® BARR BUILDING 58 Contl Insur (3. MoLellan Stores. ... 1 WASHINGTON, D. €, 19% Gontl Ol of Bel e m:&"k‘;ia & ) 5 Telephone: Metropolitan 1879 274 Contl Shares (1 i nw 0% Madison8aG (1%). 1 estasuisuep 132 INVESTMENT SECURITIES INCORPORATED ormicEs m priNCIPAL CiTiEs 87% Corn Prod (14%). .+ Magma Copper (5! 2 3 140 Corn Prod pf (5 1008 145% usv. Mallison & Co 2 2 }‘ JE g S Doty 1 ‘;’.{m‘, R % 929 - 15th Street, N.W., Washington, D. C.—NATiongl 5925-26