Evening Star Newspaper, May 16, 1930, Page 15

FINANCIAL. TRADING ON GURB Electric Light and Gas Stocks Take Leadership in Active Market. BY JOHN A. CRONE. Special Dispatch 16 The Sta: NEW YORK, May 16.—Electric light @nd gas shares led today’s active but Selective curb market. * United Light & Power A, frequently mentioned in merger reports, took the early lead in the power and light di- vision, running up more than 4 points volume of sales. During pe! Electric Bond & Share was somewhat neglected, but it maintained Quotations. Central States Electric preferred with warrants, always a quick mover, ad- ud M polflh on & single transac- Continental Utilities, ted. made its bow to the curb &t 27% and then pointed hij National Fuel Gas headed nfly deal- in the natural gu list as it forged shead more than 4 points on active bidding. Duquesne Gas opened on a sale of 2,200 nu.ru at 16%, unchanged. Citles Service in point of activity was mrumreo the opening, as a deal fi was made &t 355, off from its closing quotation Thursday. Columbia Oll & Gasoline, & company te the ofl properties & [Electric, which dropped . mflafl‘m’; more mummnmtwolw\lnwlnc- ord low of 12 Corpo ration _moved marrowly ‘but !muent!y. as tradeis ex- pressed belief that the company would ucutn nantemt in another New York responsinle for the upward movement in Stein Cosmetics, Inc. Technicolor oontinued its decline, but this failed to . 1930.—~ . Low. Dividend Rate. 70 * Acme Steel (4). . 33% Addressograph (. 81 Agfa Anscopf.... 214 Afnsworth (33% 1U4 Afr Inv, Ine, ov p lNK 103 Alabara Pwr pf(6. % Allfed Aviation. 36% Am Arch Co(3)....« 4% Am British & Cont. 7% Am Capital (B). 84 AmCapitalpf (3)... 874 Am Cit P&L(A)(a3) 14 AmCP&L(B)(10%) 28% Am Com P(A) b10%. 214 Am Co'wlth Pwr war Am Control O1l Flds. 24% Am Cynam B (1.60). 3 Am Dept Stores. Am Equitie Am For Pwr(war). Am Gas & Elec (31). Am Invest, ine (B) 4% Am [nvest (war) Am Superpwr ¢ Am Superpwr pf Ass0 Elec Ind (30¢). Asso G&E (A) db rts Asso Gas & Elec..... Ass0 G&B (A) 12.40, As30 GRS&K] otfs(8) Asso Laund (320¢) Atlas U] Corp. 6% Auto Music A(11.06) 944 Auto Vot Ma ev pf pt 24% Aviation Corp of Am g\fi Bahia Corp.... 4 Baumann (L) pf (7, 80 170 157% 147 Bell Telof Can ). 14% 20% Bohack (HC) 3%.. Brasil Trac & Lt (2 Brill Corp (B) 82% Bulovaov pf (3%) 8 Bureo, Ine. 40 Burco, Inc, ¢V D! 3% Bwana M Kubwa. 3 Cable Radlo T v.te... 1% Cable&Wire (B) rcts 3% Canada Marconl.... 90% Celluloid 1st pf 18.60 105 Cent Pwr & Lt pf (7) THE EVENING STAR, WASHINGTON, D. C, FRIDAY, MAY 16 1930. APRIL TRADE BALANCE OF U. §. IS REPORTED AT $26.000.000 —ml‘.— “l‘l lots e “— U‘l m ou:pmy IOI pers 3 29 mnwpfll) % Leonard Of] Lily Tulip C\I' Lion Ofl Refin (3)..s MacMarr Stores (1). Mfg Finance v.tc.... Marine Mid (1.20)... Marion Steam Shov.. Mer Cha & 8 (1.60).. sabi Iron & Min, Ino(1.20) 1% Mid Roylty ev pf(3). Mid Sts Pet v.te. B.. Mid W Sta Ut (1%). Mid Wat Util(b8%) Mid W Ut cv pf xw T Y-~ A P S =Ty Natl Investors(new) Natl Pwr & Lt pt (1) 1 Rub Mach (3).. Newport Co (3) N Y Hamburg (3% ) . N Y Tel pf (6%). Niag Hud Pwr(new)., Niag Hud Pwr.A war Niag Shars Md(40¢c). Niles-Bement-P 133 Noma Elee (1.60). . Noranda Mines (3).. No Am Aviat A war.. Nor Am L&P (b8%). Nor&Sou Am Corp A. Nor Sta Pwr A(3) Nor Sta Pwr pf (7. Ohlo B Tell cu pf (7) 10- Ohio Copper........ Oflstocks, Ltd A $60e UPWARD BUSINESS TREND LACKS VIGOR Economist Believes Many Are Paying Undue Attention to Stock Prices. Incidentally pointing out that many business men nowadays pay more at- tention to the stock market than is good either for them or their business, Gage P. Wright, New York business and investment counselor, says in the current_bulletin of the Business Eco- nomic Digest that the recent behavior of stock prices has undermined some of the eonfldem in business lmprovemnnt that had been established previous to the latest reaction on the x(ew York smex Exchange. ‘ cu.rr!nt b\lnneu eondmon.l. mu(nu flu it in iy sitoe "t0a st & he yoat haé as some had ex- the direction of move- mined some of the confidence on the part of business men who nowadays watch the stock market more closely th:nhgoodlvreflhcrthemarthm "Altho\uh the decunl.n{.:endmcy in commodity price levels not been definitely checked, and the resulting un- certainty and Jack of stability have con- tinued to restrict the making of forward contracts, there is now believed to be more basis for expecting that buyers’ and sellers' price views are closer to- gether than at any time since last Au- umn. “The recent protest of more than a thousand economists against the en-n- ment of the pending tariff measure has, according to offlllutm t!lllnlun Congress; and it ll belleved um fll. 'lmllluu&nm ‘lkl.n e lmmfi‘ncnt mt an luu- in the next prumggfl.ll ump-lln mmr.hn dwulll? be phnnea lm' our weighted average of authorities’ opinions now forecasts that we may pect & very satisfactory rate of busine % expnuhn to become apparent during By the Associated Press. Commodity exports of the United States for April amounted to $334,000,~ 000, compared with imports of $308,- 000,000, leaving & favorable balance of trade for this country of $26,000,000, as compared with the favorable balance of '14 598,000 for the same month last Expom in Avru & year ago amounted to $425,264,000, W] imports totaled $410,666,000. The shrinkage in the country’s export trade recorded in A brought the total value of foreign shipments of American goods to the lowest point recorded in any month in the last five years. ‘The m}mm for April were likewise less in value than those of any month FINANCIAL. P A—IS mflnmuuduflunuwt!flr Onmeaumma.mA ril gold im- ports, which amounted to $65,539,000, was only offset by exports of uo’looo and was the largest amount imported byrtg 'tglfi%’m in any one month dus iree Sllver exports for Apm “were $4,557,- 000 and |mpom were $3,469,000 ‘while ‘5 ’lAfig Wll and nnm l! 951 One of the causes consider ernment trade observers to be eontrflml- ing markedly to the current recession in American exports is the cotton situa- tion. Normally it bulks heavily. in ship- ments at this season, but it is not mov- ing in its ordinary quantity. The result has been to sl r&ly curtail the total value attached to it in American trade. BUILDING INDUSTRY REVIVAL IS PLANNED Chicago Interests Hoep for Renew- ed Vigor in Construe- tion Work. BY LEO J. RYAN, Associated Press Staff Writer. CHICAGO, May 16.—Renewed vigor for Chicago's building industry, second largest in North America, is the hope behind the arrangements completed this week whereby real estate securities will be listed on the curb market for The_trading, arranged by the real state board and officials of the Chi- ?f° lcurb market, is expected to begin uly 1. At the present moment the building industry here is fighting off the weight of the slump which began after 1927 with the prideful paradox of having Just completed the Merchandise Mart, largest building in the world, lnd others ranking among the largest build. ings in Chicago. Although du.rln‘ 1029 the total an- nual ding rations in Chicago {au to $181,849,! mo. the lowest figure flnee 1021 and far below the marks of . el tvic !ullfllnt was completed late last year the Insull interests at a cost of because | 830,000,000, the 330,000,000 Merehan~ dise Mart is just now opening for busi- ness and the $12,000,000 Board of Trade Building is to be opened June 9. Washington Ticker BY CHARLES P. SHAEFFER, Associsted Press Financisl Writer. The forthcoming - issue of German reparations securities will bear the mm grade collateral within the pow- er of the repllbg’c %‘ offer. formet obligation will be evi- |Js ‘The denced by & certificate of indebtedness delivered to the Bank for International Settlements as mmu of flw"credlwr &Waa(mummmmnm marks annuslly. Concerning the latter source the Reich government will undertake to assign certain revenue (customs and certain taxes on consumption) for the service of the certificates, and as far as they may be exchanged into negotiable bonds, for the service of such bonds. This assignment constitutes a negative pledze lnd is ruled by the following ahead of any such other (B) “If at any time the total yleld of ed rwmu- should fall below per cent of ‘the highest budgetary Markets at a Glance N!W YORK May 16 (#).—Stocks ir- r steady; increased co"fle easy; Brazilian selling. steady to higher. it WPE NEW YORK COTTON NEW YORK, May 16 (Special).— Complaints of too much rain in western sections of the cotton belt and heavy rainfall in Oklahoma, Arkansas and Louisiana again overnight ecaused an -dv!:nnxce of 15 tc 20 points or more in Pri repofla thlt lowlands in sev- eral sections were overflowed advanced 15 points to $16.50. Cotton range: NEW YORK, May 16 (fl—‘m d future, 1. Spot an asy; spot. and nearby, 32.13; m- mu, 3237, Iron quiet; Lead steady; spot, New York, §. 8t. Louis, 5. Louis, spot and mony, 7.50. Quicksilver, 118.00. MONEY MARKET. NEW YORK, May 16 (M.—M steady, 3 cent all day: loans easfer. ‘R}E; !-'V‘ hyn. 3Y-314; 0;x‘r‘monthl. %l%, 1al -3 mm commerc! paper, 3%-33%.. Bankers' acceptances ui — CHICAGO STOCK MARKET. By the Assoclated Press. =.=,=,=5,=F able by Germany, the | today: t additional 1 B move the other amusements in either the early part of the last half of the direotion. 35% 264 Cent Pub Sve. Del... 5 Outbd Mot(A)(1.80). 42% 38% Cent P S (A) (al.76) Pac Coast Bis pt 3.50 Oil Stocks 5 2 'u 1?:2‘ 181’/- i S0 b i 48100 995 ! 355 ] g G P n“ St a FF 3 H End B! i e 5 § E sferes, t4 K 2 i3 iTH —230.! < % 2 5 As " — z L & FEE ¥ e FEF oy gEzammi*g:a:sn:utr b7 irasiae = gaayees Srea! SRR RNE O 5 WS AR 2223888323 (3 et B S g Y. SeesSensEiEs: S & SelteteEtovate & SIS 323 = SR 2, . = 23222222835335528 e S FESFES o ey 222222283238 J-J— "9"0; e Yoo} 22233832322822283238! R RS PR EESR SR FSFE 21 PORRRSREANT SRS RN 33822333383 383 & BeornnSSureans®, 2 Bisa s Suna o 335 3 3225232385 38Fe 558 0w B S GEESS S3228gesmeesttosesss: 2335 sessEeesEEtunes SR SR S 117 117 CentStsEl6% ww.. 9% Cities Bervice(330e) Cities Srve pt (6) % Clark Lighter (A 61 Clev El 1llum ( 18 Clev Tractor (1.60) 4 Colombia Syndicate. 26 Colts Pat Fire A (2). 16% Col Oil & Gas v.t.e... 24 Columbia Pie ($1% 42% Colum Pic v.t.g. $1%. 8% Com'with & Sou war. 12% Comm Wat Serv bé% 86% Conn Elec Sve (3) % Consol Auto Merch, 5 _ Consol Copper. per Il Cooper Bess pf A (3) 5 Copeland Prod,lne A 64 2% Curtiss Airports vte. 1% Curtiss Wright war. 1 Cusi Mex Mining. . e Dayton Air & llll) . 22% Deisel-Wem-Gil 1%. 4% Derby Oil Refining. . 6 Detroit Afreraft.... 9% Distill Corp Seag(1). Utilits 3 8% Dtolul' 8 R) B (2). 41 Driver Harris(new). 81% 145 Duke Power (35)... 126s l'n 4% Durant Motor 18% Eastn Sta Pwr B(1). 17% 14 [Eastn Utll Assoev.. 7% Eastn Util lnv (A).. 18% Eisler Eelectric(1%) 80% Kl Bond & Sh (b§).. IOQK 103% E! Bond & 8b pf (6).. 24% Elec Pwr As80 (1).. 3% Blec bwr Amso & (i) 16% Elec Shareholdg($1) 15 Electrographic (2).. 19% Emp Pub 8v A(1.80). ingineers Gold. ..... 7% Euro Elecdebrts. ... 3w Evans Wallow Lead. 2 Fabrics Fininshing.. 34 Fairey Av Ltd (12¢) 15 Fanny FarmerC (1). 6 Federal Baking 8hop 214 Fox Theater C1 (A)- 21 Galena Oil Corp...s. 20 Garlock Pkg (1.20) 6% Gen Alloys (30¢) Baki, 8 Gen Indus Alcohol. 95% Gen Mot pf new w. 20 Gen W thu;'lll. 2% Gold Seal Elec new. 220% Gr A& P T n- 116% Gr A &P Tea pt (7). 29% 27% Guenther Law (2).. 166% 181% Gulf Oll of Pa(1%) 18 Hambleton Co cf + Happiness Candy 88 Hartford El Lt(2%) 11% Hecia Mining (1).... 20 Heyden Chem (2 5 Hollinger Gold (80c) 2% Homaokla Ofl....... R TN e b i N T 00 00 58 ™ = - Nocennme - Roagae cerpan-Se .e'.:mn-— BecRarrHENe ANOE R - - - NP DN TN B o e -1 - TPYUIUR ~TOTE T 99% Phila Elec pf (5 Philippe(L) B 11.80. Pllot Ra T(A) IL.IU. ). Prince & Whit pf(3). Prudential Invest... 11!( Pub Utll Hold w w. . 7 Pub Util Hold war. 99 Puget S P&Lt pf (6). 7 Rafiroad Shares. 6 Rallway & Lt 8¢ 8% Rainbow li': Prod A o S, e & T T et .._.,...................E.. Shekas suuuas 14% Russek’s 5th Av 1 8% 3% Ryan Consolidated.. 147 120% Safety Car HAL (8). 34 19% St Regis Paper (1).. 16% 10 Bailt Creek Prod (3).. 3 27% Behift(The) Co (2).s l-boud Im 6% lfllb.flln 66 Sel Ind lll.td. '* . 4% Sentry Safety Cont.. enandoah Corp. . e enan Corp pf (a3). M nm-on ("" 24% SoCalEdpfB(14). 28 80 Col Pwr (A) (3 Au Southern Corp. .. Sou Natural Gas. 'IK % 1 Spanish & Gen Reg. . Stand Inves pf(53%). 80; % Standard Motors. Stand Oil, Ind (3% tor Car. !uvtrhuur 13 Sunray Ofl ¢ Tampa Hleetrie (33) ‘Technicolor, Int ‘Teck Hughes (§00). . ‘Thermoid Co pf (7). 100 ‘Tobacco & All Stks.. ‘Todd Shipyard (4).. ‘Transamer (31.60).. ‘Tran Con Air Tran.. Trans Lux DLPS.. Trl-Con! Corp (war) l 8 (1.60). ’.l'uh B). U!olhcn...... Ungerleider 'm Un Nat Gas, Can 1 Union Tobaceo. . United Chem vl (l) United Corp (war). . Utd ranum«n.m United Gas Co. United Gas Co ‘new) United Gas (war)... United Gas pf (7)... United Gas Corp ctfs Utd Lt & Pwr A(1).. Unit Lt&Pwr(B) (1) Utd Lt & Pwr of(6). Unit Porto R Sug pf. - LS maBRZ~AB® wBarooen mommalie SINCLAIR OIL COMPANY WILL EXPAND FURTHER Special Dispatch to The Star. NEW YORK, May 16.—Acquisition of Plerce Petroleum Corporation by Sin- clair Consolidated Oil Corporation is merely the first of a series of acquisi- tions to be made by the latter, it was learned today. Sinclair some time ago negotiated with Rio Grande Oil and with Prllfleofl opped. of ho'ever that mothunm for t.hue md other concerns m still Attempts to bri Rln "Grande and Pratrie Oll & Gas lntn the Sinclair fold ntly were not successful because tn rece! the latter company insisted on certain Derwnnel to which. the others were not wil urity exchange e Tiove a numbnu block in_the merger conversation: When he sale is eommem of Sin- clair's 50 per cent interest in Sinclair Crude Oil Purchasing Co. lnd Sinclair Pipe Line to Standard Oil of Indiana, which now owns half of these prop- erthl !inchlr has some important ex- in view, which is the reason for lu unusual scouting activity this year. Recent market movements in Pierce Petroleum puzzled former bankers for that company until the latter part cf April, when the Sinclair deal was rumored. Sinclair will pay for Plerce ‘with common stock. (Ocprright, 1090) GRAIN MARKET CHICAGO, May 16 (#).—General buy- hoisted wheat values today, evidence bel that North American wheat ex- port business in the last 48 hours has amounted to 3,000,000 bushels. Liver- pool houses were credited with being among today’s purchasers of Chicago wheat future deliveries. For the first time in a long while, Argentina report- ed no wheat clearances whatever for Great Britain, On the other hand, wheat was being loaded here for lake shipment East. eat closed strong, 2!/ -3, & bushel higher than yesterday's finish. 14 | closed 214-2% up, oats, %-1 Idm:ed and provisions varying from to a rise of 2. 25 decline July Beptember . December PBICE TREND LOWER. By the Associated Press. General prices suffered slightly last week as their trend was calculated by reports forwarded to the Census Bureau. Pigures which follow give the index for the week and comparable periods, based on representing 1926 average wholesale selling prices as 100. In addition, sell- ing prices for a composite ton of steel % | products at like periods is rlven commodmes Steel. Week ended May 10.... 89.0 Previous week.... . 89.7 Same week last year.... 95.7 37.07 POTATO MARKET. (This is the twenty-third of a serles of briet anaiyses by Mr. Hushes of the principal ol ;‘ The recommend the purchase or sale of any particular stock. but to give the tnvestor such information as may ensble him in- feliigently to chart his own' course) BY GEORGE T. HUGHES. If the proposed merger with Vacuum Oil goes tLrough, the combined assets of that company a.d of Standard Oil of New York will be over $900,000,000 intent is not to - and well on the way to reach the|keted in this count $1,000,000,000 mark. The 1929 balance sheet of Standard of New York shows assets of over $708,000,000 and that ot ‘Vacuum assets of over $205,000,000. case, Standard of New York, llnn' Standard of California and Stand- lrd of Indiana, comes just below Standard of New Jersey in size and importance in the oil trade. Last year Standard of New York re- ported net equivalent to $2.23 s share on the number of shares wmndlnl at the end of 1929, which compared with $2.28 a share on the stock outstanding |- at the end of 1928. A glance at the stock table will show a generous market appraisal of these earnings, but the result is really more favorable than it appears on the sur- hcc hrninn after expenses and taxes 29 were $86,824,698, against $80,- szx 00.'- in 1928, and the lower amount share was due to the larger write- ofl in uzn for depreciation, depletion and am Standard Ofl bookk: eeping is so con- servative that it may almost always be rigl taken for granted that an estimate of the value of the stock based on the financial statements is below rather than above the facts.: Then, too, in the 18 years that have elapsed nne- the e orlg- there has never been & year in which the lmkholden went without a return on their invest- ment. Besides the distribution there have been stock dividends of 400 per cent in 1913, of 200 per cent in 1922 and of 25 per cent in 1926. ‘The present stock is of $25 par, -mn 17,379,572 shares outstanding. present dividend rate is $1.60 a shlte annually. There is a large funded debt, amounting to $97,584,000. Needless to say, ofl bond for which d Standard of New York makes itself re- sponsible is an investment of the high- ;| est grade, fluctuating in market price only with changes in the money rate. The stock is of investment caliber, but, of course, that also moves with the market for other high-grade ofl shares and in that sense is speculative. On the other hand, those who buy to hold over a period of years have never had occa- sion to regret a commitment in Stand- ard Oil of New York stock. Rockefeller Holdings Sold. NEW YORK, May 16 (#).—The Rockefeller Foundation hnldlnw the Galena Oil Corporation have ac- quired by the American Republics Cor- poration, which has extended to all Galena stockholders the privilege of ex- changing their holdings for capital stock of the Interstate Natural Gas Co., which it holds, on the basis of one share of Interstate for each four shares gr G;Aenm ‘The offer will "expire une 28, INVESTMENT TRUSTS NEW YORK, May 16 (#).—Over-the- counter market: Am Brit & Cont 6% pt. Am Ing 8t Gru CHICAGO, May 16 () (United States | Bive Department of Agriculture).—Potatoes, | DI 78 carloads; on track, 168 carloads; total United States shipments, 898 car- loads: old stock trading slow, market | Invest stead; W!.lcomln sacked round whites, nnesota sacked round | Selected Ame a3 wmm 2. oou uo Idaho sacked russets, 3.60a3.7! hncy shade higher: new nock trading just fair; market steady: r s U'S Elec Lt ‘Bhar of the external loan of 1! of the security will In about 37 years, it is believed. ‘The National Association of Manufac Een und:rlhndlm cense agreement anti-trust laws, Through its counsel the usochthn declares its opposition is based fundamental grounds of law and puhllc policy. “We submit,” says the body. "t.hnt uu dm' measure is pregnant lnd thhr]eluns not only patent system upon which the ltructure of American business is lpndlutcd. and the efficiency of the Federal judicial system, t! h an enormous increase in mmplluud and prolonged litiga- The manufacturers asserted the com- plexity of patent suits was exceeded :mlyt lla.y those arising under the :ntg; trust laws. The '.heory underlying patent syste: they claim, is um certain monopo].lu are commend- able and are to be encouraged and pro- tected. The theory underlying the lnu- trust laws is that certain of pmmm “The it erenz tm of lmntlon, arising out bl ]l Lok Q.o be thcl?on w[at.h“ u ic policy, are wn er lnd lcnmcf the Federal courts. ‘The uloclnlnn further claimed the remedies now provided for violation of the Sherman act are adequate, citiny the Government's recent filing of suf against the Radio Corporation as suffi- clent answer to the suggestion this legislation was necessary. Argentina s ofl'enn. excellent market for American Ioodstufls, an- nual importations amounting to about $9,5600,000, the Department of Com- merce announces. American rice and eggs are in great- est demand, but other important items mcluac nrples, sardines, dried prunes, general and cottonseed oll. There is also a growing demand for manufactured foodstuffs such as certain varieties of breakfast foods and various kinds of canned fish such as lobster and crab meat. ‘The Unlhd States is also the princi- ml raisin imports, which lbuut tmm each year. Colorado & Southern. DENVER, Colo., May 16 (/).—Gross nvenuel or the calundo & Southern Railwa & new record in 1929, when they rnched $5,120,484, said an annual statement issued today. Common stock earned $9.25 a share from the net income of $3,545,069. This compared with the net record income of $4,204,028, equal to $11.37 a share, reported for 1928. : - National Biscuit Co. NEW_YORK, May 16 (A).—The Na- tional Biscuit Co. has acquired Pacific Coast Biscuit for 140,000 common shares 88 sefs-fuses GHHHE “!:25::-»! 0 L g L4 o & TR 8818 2y =!£§E§§E§§u§s-§§§§§§=§§§sls i i £ 3 o 3 i L o wE 35 a5, 2 el o] 98882 0, FOE e $8558s B L a8, sulpye FS 7 150 ¢ 181 it nstruct Mat Eonumare War': t 480 _com nt Chicago pf. rd Gorp 3 ) Sec e Se Co e _C t ==, 388y ZoS8eys 7 s 8528835815500y {a] FIR M LR Bottitazass s s BEBENEESa: wEESE SRSRRLBSRNRY, 100 Ind Ter .. 2100 Inland Utilities 2180 Insull 50 Ins Ut R 2885Y! RIS aRRBENRY e FEEFF Ke 36 Kentuc Ut Jr Cum 300 Libby-McNeill 80 Lincoln Ptg >3 25zauNzLEsE oFruvecusuns., GREEEE 2EBNSLES! o ol oounnh-nn':’ Dearbor; 0 McGraw 2 oB EIE Sl e v 4300 Mid Nat Gas b8 S 650 Midland ul"lllt & 8! =2 !.‘-: S35 nf‘.{ FEE ;: it 10 Midiaoa ety 2900 Mo-Kansas PID: hn o 1550 M 1000 EC e T bt Nt HS 2! 3 58 5 ooy RN FEED = Sl 538auss: 25 Packing t 335885s 3 e et 8! e 2 98 58 §§§.988 i 255 &1 E; £ 2ana ] . FEE 23 3 W é‘ EIRS8EE. & Inti 37 -O-Btat’ Gontrols 26% States 17% Corp . 18 stassfesy -;553 i 3 ¥ s JUISISPS S N 1 B2 5e: ronxlon BONDS. 264 Horn(AC)1st p f3%. ; o Mg Bank '!'u_ s 87 i L] 19 Houston O1l of Tex n 84 Hudson Bay M&B.. 43 18, HumbleOlla)...00 7 . “ lydro Elec Sec (2).. 3 10 Hygrade Food Prod. 60 DIVIDENDS DECLARED 35 IndTerrluOll (A) 3 NEW i1 Ing Minetta(blod). - 63 p Hees :‘;‘y s ndus Fin o pf (7). .900s Camp Paoki) e i Radie; 64% Insull Ut Inv(b6%). b u Te H !onu s 69 Ins Co, No Am (13).. 17 insurance Sec(1.40). 3080 iria%e o0 1000 Unit Am 65 '40. 20 Interconst Trade (1) % Intercontinent Pet n &% Int Holdg&Inv 10c.. BALTIMORE STOCKS. Special Dispatch to The Star. BALTIMORE, May 16— STOCKS. 8 Elec Lt Altbeme. Cousiana,sod"Texs sacked 5 § 8 “;e:.:::fih"" 3.85. STOCK AND BOND AVERAGES ted 235 558388 and Bishop & Co. for 70,000 common e shares. s et W et FF FF TEENF et STEE S I i nB *72 103% 'ése Wayne Pump pf 3%. Westn Alr Bxp(60c) 3T Western Cont Ut 4 Wil-Low Cafeteria.. 58" Winton Engine (4). - Last :::seafis::x::x:x- 1% Internatl Utll (war). 10% Interstate Equities.. 40% Interst Eq cv pf(3).. 2 Lron Cap Copper.... 6 Irving Air Chute war 12 Irving Air Ch(1.50). wnberem—anmme 20 2 3% B F RSNERGSESEE - 1% 1 4 4% 4 4% au 1% Mid United... 4 21 1 1 1 % Mo Kan Pipe....J 52 1% 14 1% 1% '?'flllln_ll‘flll'l“-“nlflflhlrm "“ ,;,;m & Jerome Verde Dev... amnue D e . » toek. Payal ferred stock n—wnnm'-m'mu PR N ) o o SHEK | peuttable O Bids. The @ e Liguidating. st novuizrrs Experiended Advertisers Prefer The'Star ==~ . P R R 0000DOOREZO2L000: vaney NGW Blis 8 Rty SR o A 01 we o1 [ororey SR 53! s