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GILBERT MAY JON (HOUSE OF MORGAN 1:38-Year-0ld Financial Expert Has Completed Repara- tions Task. N BY JOHN F. SINCLAIR. MI-I Dispatch to The Star. » NEW YORK, May 20—When 8. .Pnker ’ Gilbert, the 38-year-old lawyer, turned over about $35,000,000 to the In- ternational Bank on Saturday, and left +“Berlin quietly for the United States, he *had completed one of the greatest tasks .of financial statesmanship eve: at- tem ted by any man, young or ol Dflrm. five years as agent gen- parations plymend tnn’r(erer‘g& from Germany an l:ofl:hde former nll;e;o ntn cash and goods, hi 2,001 '“R'f ‘\;‘;1 ‘he could have headed the mew Bank for International Settlements this young lawyer-banker refused the offer, turned over his great trust and packed his trunk for New ‘York. At first there was objection to his being paid $40,000 a year as head of the < reparations work, but it soon died awa. The presidency of the new Intern: . tional Bank pays $50,000 annually. ‘Will Parker Gilbert return to law, in which he was a conspicuous success be- -fore entering the United States Treas- ,ury 12 years ago? Then he became counsel in war-loan matters, and later was lppolmed Undemzcreury of the . Treasury, in of fiscal affairs, "serving from .Yuly 1, 1921, to November -A1, 1923. Which will it be—law or banking? Both offer alluring opportunities to this mAn still on the sunny side of 40, with experience in both law and finance hhtn p%hly "my other m:n of X:I‘A It not come as & surprise he is asked to become . Morgan & Co., there clnse ~ Should municipal pal and railroad bonds tallment r be made e“tlhl! ‘and insf Cfl P‘P’ Federal R icy commission of use Ameri ers’ _Association, by B. S. Heche, New Oflenix as chairman, George ecnmmglbknf fl\zflflluc;hl City “Bank of New York, as vice cl _after a lmdy of the question, concluded would be both unwise and unsafe to e such & |m: the committee's lec."oned clusion : “Such action (to allow fo securities) might tend o! xm k cut from 534 to 5 per cent, md-mnwhw on April 24, thé Bnnkonmycuzms mcpereent Money is becoming a drug on m ‘market. Last money could be se. cured in Berlin at 3% per cent, whll: ‘tokers’ loans, payable daily, were quoted @it 2 per cent, the lowest figure in Ber- “lin_since 1914. 0%"Business is finding out that cheap money alone will not, in_ itself, revive “business. - So far the other necessary “¥actors are missing. Today, when the directors of the copger Exporters, Inc., meet in New York with Edgar Sengier, head of the Katanga, they will have plenty to dis- ,cuss. The main question is—can the “dominating copper forces of the world maintain and contml copper production and price %er pound? - Last night a report coming from a pVery trustworthy source indicated that %the Katanga copper interests of Africa Shad withdrawn last Friday from the ‘Gopper Exporters, Inc. Confirmation of report could not be secured at the Coffices of the African Metals Corpora- " tlon, through which the Katanga carries ‘on much of its American business. The Katanga, in the Belgian Congo, ,h the blneu copper-producing company in Afn with present copper uc- ; ton ol !00 000,000 pounds annually and »a pntenull ‘annual capacity of 500,000,000 'X'he vroblem of copper centers around “averproduction, The world produced ‘world, olsmde of the United Sfilm, pro- Jduced 2,269,000,000 pounds. . Now copper consumption, outside ths nited States, was 1,900,000,000 pounds. us the world, exchldlng the United tes, produced 369,000,000 pounds Amore than it consumed. _Without the United States the sur- gnu copper situation would have been o n it is. For the United States P nsumed 100,000,000 pounds more than t. produced. So the world’s surplus “Stock of copper increased by 269,000,000 ,pounds during 1929. But any withdrawal of an important oup like the Katanga from the capru porters, Inc., would have far-reachi fl!ect on the situation. *¢copyrisnt, nn. by anth Americsn News- - 0IL m(u:n RUMORED. NEW YORK, May 20 (P.—Uncon- _‘_".“‘;_"'_'fi"_‘"_’_."'__‘l’._ ~Prev. l*a— High, and Dividend Rate. 17 Sl Michigan Stl (m23%) 28Y% Mid-Cont Petm (3).. 2% % Midal lll.lm 53 32% Midland Sreel (i 110 90 Midland Steel pf (8). 110 103 Mil El Ry&Lt pf (8). 28% 124 Minn Moline Pwr. 72 Minn Moline pf(6%). 46% Mo Kan & Texas. 108 Mo Kan & Tex pf(7). 125 Missourl Pac f (5),. 19 AMohawk C Mills l".- 48% Monsanto Ch (£1%). Montgom Ward (3) Mother Lode Motor Meter G & El.. 3% Moon Motors. Motor Produets fl). % Motor Wheel (3) Mullins Mfg. l‘lll“hl l‘f?f (1 Natl Bella Hess. Natl Biscuit. n(2.80) ti Cash Reg.A(14) . Natl Datry (32). Natl Dept Stores (2) Natl Distillers (2) tl Lead DHB) (6). 20s Lt (1)... 301 10 4 10 43 13 tern . 3 NY Steam 1st pf lflv 108 Norfolk & Wn pf (4). ’0! North Am Aviation.. North Am(b10%stk) ll) Norwalk Tire & Rub. Oliver Farm Bquip.. OllvyFrEqpt 4 (6).. Oliv Fr Eq ev Bl(l).. Omnibus Corp.. Orpheum Cir pf (8).. Otis Elev. n(334) Otis Steel (33), ‘Owens,IH Glass(n: Pacific Coast.... Pacific Coast 24 pf. . PacificGas & E1 (2). Pacific Lizhting (3).. Pacific Mills. . Pacific Tel &Tel (7). !ll'll Packard Motor (1) Pan-Am Petm (B) Panhandle P& R.. Param'nt Publix (4). 1'11 Parmelee Trans 1% .. Pathe Exchange..... Io Pathe Exchange lA) . - ng BT noned Heaar Penney(JC) 'fAll). Penn Dixis Cement. . Penna RR (4).. . Peop Drug Strs(1).. People’s Gas, Chi (3) Pere Marq or df (5).. »-S...:fi-:fl sy 5 - at SEe 20% Pittston Compan: 25 Poor&Co (B) (2)... 59% P Rican Am To A(T). 12 Pmuulm'l‘.ll Postal (3 1061% Pub ServNJ pf (6).. 121 PubServNJ pf (7). 143 Pub ServNJ ptf (3) % Pnllmlucogl“)- " SemeaRumaonniBanneda > 9 34% Radio Corp. 68 Radio Corp (B) (6. :: Radio-Keith-Orpb 136 Rensselaer & llr(l) B 10% Reo Motor Car (30¢). 28% Reynolds Metls 3.40. 4 Reynolds 49 Reynolds Tob B ll). IM lulvu!). w- h Lead (13) Y% al 4% Schulte Retall Strs. . 8% Seaboard Alr Line. 20% Seaboard Alr Line bf 79 Sears Roebuck(12%) 38 EUTTC T T - ‘Washington Ticker % BY CHAS. P. SHAEFFER, Associated Press Financial Writer. ‘The North American Co. will be the next power and light company to ap- pear before the Federal Trade Commis- sion, which is conducting inquiries on | the industry, the helflnu to begin around May 27. ‘These inquiries are the result of a Senate resolution which seeks to de- termine, among other things, the meth- od used in financing these companies, | Bi their extent and importance as a hold- ing éompany for other utilities, and the v-lue or detriment to the public of such holdings. ’rhu North American Co., according to official report, controls one of the largest groups or electric power and light pi world under nm.me reports state that Shell Ofl in- | 885 “terests are negotiating for the $15,000,000 “Paragon Refining Co. of Michigan. The Paragon concern, in addition to sub- stantial refining operations, has 500 re- | m! tail units, 700 tank cars and a network of pipe lines. It recently acquired the _ Valvoline Oil Co. :{' V. 5. TREASURY BALANCE. - NEW YORK, May 20 (Special) )t| X hlnk Today. 177,000,000 169,000,000 121,000,000 ‘credit balance 117,000,000 -+ CHICAGO DAIRY MARKET. *"' CHICAGO, May 20 m—Butler, l‘l- “'351 tubs, firmer; creamery extras, 331% tandards, 33%; extra nnu. :H/,nuss. firsts, 20%,a30%; 62827, ks 32,594 crates, steady: 21%,a22; graded firsts, 20%5; “’F-*dlmrv firsts, lhln, storage, pscked Grsts, 23%; storage, puked extras, 24%;. seconds, 2 Bales— A“‘-;’II. unities and covering an ares of- spproximately 26,000 square Jemy on June 18, 1880, to the assets and property of & Transcontinental Co., emllmn; of tocks of numerous street rail- common s way and electric light and panies in Milwaukee. At Among nat 28% Skelly O1l (3) 60 85-Sheff ——H" I-A —Ill ‘Sales— vidend Rate. ‘“.’l-‘ 101% lou'.hln I\" ). 973 Southern Rwy of (5) 108 Spalding 1st pf (7)., 108 19% Spang-Chalfast. . 18% lwn vm.nmu). Sl 21% Sploer M 29% lnhl'l-l(l!'-l ll) ;5 . m ind Inv 10 56% l!llldooffl-l (3%). tang Ol Exp pf(6).. 1 I 37% Stand Oil of Kan (2) l 195 4 6 21 10 58 Stand Ofl of N J(12).1082 2314 Stand OIN Y (1.6 53 ‘Transus 36% Studebaker Corp (4). % Submarine Boat. Sun O11 (11) 102% Sun Ofl pf (6) 5% Superior Ofl 8% Symington (A). 50% Texas Corp (3 54% Tex Gulf Sulphu: l‘) 117 Texas & Pacific (5. cuaBanunsnd ] 64% 65 65 104% 104% see % 13% 14 57 57% 59 133 10% 0] ‘Thompson Starrett. Tide Wa Tide Water Oll pf(5) ‘Timken Det ‘Timken Roller (3) 'l‘nnml.l Oll (30c). As (80¢). ‘Truax Traer ( Twin City Ra Tr(4).. l!l‘ lll-l'l-)fi 5o g & Paper. . Ullofl c.r)ld. (I.ID) Union'Oll of Cal (33), Union Pacifie (10)... Union Pacifie pf (4).. Union T'k Car (: e United Corp pf (3).. 22 39 Utd Dyewood pf (7).150s UM Il.fltfle Coal. Z Wilson 1% % Ward Baking (B) 5 Warner Bros Plo (¢). 906 P pf (2,20) w West Penn El pf (7). 30s Waestern Dairy A (4). Western Dairy (l)o 2 0% W.l'-lll‘h.'lA B (2). ‘estinghse E&AM (§) 016 Wuu:l El Instr (1). White Rck lll("“ ) Wilcox Rich A (2% Wilcox & Rich B d). ‘Wileox Rich,B ctfs 2. Willys-Overlane Wlll’rovg pL(T). D! Youngs Spring (3). 5% Zenith Radlo... June 16 57 .Aug 1 303 1% Phillips Pet..June 16 17 % Truax TraC..May 29 l.hd!hch.l!‘e'"flluhln 10:30 1:30 AM, cash 2% gn‘u 2% in tion, !Luull&!nb\lrh SorPWest Kentucky oul Gorand Wired Radio, Inc. ‘The ceremony -also has substantial b\lt flM eontromu interest in the De- t Edison Co., the Washington Rail- 'ly & Electric Co. and the North American Light & Power Co., whose operations are not included in the total Xn"u':fam to l':wh;ld.\n t of capital stocks, the North Amriug Co. o substantial holdings of bonds and notes of its subsidiary and ut.hgr companies. % edl'm' of Nation's iclal organ of the United States Chamber of Commerce, utlmm current board ad: of §1 m.ooo.tm M:nnl wblwflhm mfllflu !or 1929, llr disclosed the in- formation “t::’z’ .tno:damm.msxeludh( classifications _durin The company wumlnludlnmvm lueeumtooo Oregon tionally known powe: panies controlled are North American | House, Edison Co., the Cleveland Electric Il- extras | Elec! e ry on number of vessels of oil By June 30 the el whoes toal capaciy i wi ca| t] chi y is 4,000, 000 xxporu of American tractors and ll:re letunewhuhneordlnthennt Mer parts quarter of 1930, ent -nnmmw me e in eonpnmon ity l llfN)l’n'lb o "the alue of farm machinery ussia’ was the chief purchaser dur- flfau tractors vfluefl"n{ lzx%fio“fl Because the evidence failed to sustain the allegations of the complaint, the Federal Tra mmission has dis- by | funds were % | per cent. Frt buying by insurance companies, 0% lnnhnnonnterhrhnhnthepm- vay will mve = tanks m e ...»Zm. of ' IN NARROW RANGE| Large Floating Supply Be- lieved Factor in Keeping Values Down. BY F. H. RICHARDSON, Special Dispatch to The Star. NEW YORK, May 20.—Bonds moved back and forth today over a small price range, with a little more mlvlly in in- dividual issues and several strong sec- tions in the foreign list. ‘The floating supply of new railroad and public utility in the hands of , together with the public in- difference’ toward investment securities, as much as any other factors explain the lack of response by the market to the most favorable money market con- ditions in several years. Dealers went into the market quite heavily when the Federal Reserve rate was reduced from 4 cent to 3% They. are still carrying bonds which they bought then and which they have not been able to dispose of as 7% | was expected after the rediscount wen‘: to 3 per cent. Most of the fessional, with blocks of bonds going one hand to another and little sav- ent time. Argentine s Oc! Argentine 5% Prices are being marked down in or- | Shi der to move supplies on hand. This is true of the municipals, for which there is a fair-sized unsold commitment in half a dozen recent issues. One retail organization which advertised $13,000,- 000 bonds today showed $8,000,000 of the total to be in municipals. There has also been some weakness in issues mv have been supported by syndicate n--monu declines occurred in sev- eral of the junior rails. This did not indicate a definite trend, for others ‘were equally strong. Si conditions were indicated in the industrials. In- ternational Paper 6s were quite firm, while Shell Union Ofl 55 were heavy and 4 points lower than in the early Spying rise, Certainteed products 5%s The convertibles ing. ‘Telegraph 4l,s, whose onvertible priv- ilege expires iff & few days were off about 3 ts. General Theaters 6s, ‘Warner ers Pictures 6s, Philadel- phia & Reading 6s, and Baltimore & Ohio 4l2s were relatively active at un-ll lum of nur)y 1 point was % led on the new Japanese 558, 'lth kio Electric Power 6s up nearly a point. - City of Warsaw 7s gained nearly %. There are two new German issues pendln( ‘which may be offered prior the reprations loan. — Washington Stock Exchange SALES. Capital Traction Co.—10 at 73%, 10 at 'll 3.at 73, 1 at 73, lfl at 72%, 10 at 1215, 4 at 7215, 50 at 72%;. merican Security & Trust Co—1 at National Union Fire Insurance Co.—50 at 24, 50 at 23%. Mergenthaler—8 at 106, 10 at 105%, 10 at 104%, 10 at 104} AFTER CALL. Lanston Monotype—10 at 122. Washington Rwy. & Elec. pfd—7 at 984, BONDS. Bid and Asked Prices. Q. & P. Tei. of Capital Traction City & Suburban Georsstown Gas 1s tomac Elec. cons, Wash, ‘& M nno & o NATIONAL BANK. tr 8 Pedtorai-Américan (10 Liberty (78). Lincoln (12) llulrobo’lllln s £ B §§§==§a FIRE INSURANGE. American (12), reoran (30 ireme; National Union’ (18) TITLE INSURANCE. umbia (6h) . 1 Estate an SHRWBL8BERE =6 3,88 = 5 MONEY MARKET. YORK, May 20 (#).—Money .oodnl ytod-y,wnhuwdc- ”’lfld loans held at rate of ! per cent. Time unchanged. There was no NEW YORK, May 20 lM-—CO quiet; electrolytic, spot and Loew’, jve | Larilla: Manat! Sugar 7 Czecho 8s'52. D‘nllh Munie German Bank German EI P 6 German 7s. 4“4 Norway 6%s'63. ... Orfent dev 535 Orlent Dev Rhine Wat EP Rhine Westés 3. Riiine Wst EP 7x'50 Rio de Janeiro 6 Shineyetsu 6%4s ‘53 Solsson: Sweeden 6%s. Swiss 63846 Swiss Confed 83 Tohn El Pwr 63 61 Tokio 5% Utd Kingm 5!4- w1 12 12 Uruguay Abitibl PAP i Abramé&Stra Adams Exp 4s Alleghany 5s°49. Am Smit & R Am Sugar Ref Am T&T evé % 2’39 1271 l‘!u 1604 Am T&T 6s 65 At] Gulf bs Atl Refining §: ConGasNYS Cuban Am Sugar $s Denver Gas §s. Gen Theg Eq 6 Int] Paper & Tel 4%s. Int] TRT 4%scv.. Int] Tel&Tel 68 '55.133 97% KanG&E Laclede 5%8 D Lautaro Nitra Ligg&Myers b Liggett & Myers 78 Loew's, Inc. 5%s. Midvale St Montana Pwr *43 Montana Pwr db bt Morris&Co 1st4 % Nat Dairy 8% | ADS STflRE SALES Purchas'esrfor lufie Weddingg Also Reflected in Retail Figures. Nor States Pwr 6s. 1 105% 105% 1054 81024 102 102% 81024 102 1024 105 108 101% 102 73 T 100 99% 100 nm 105 105 961 96 964 105 104% 104% 95% 954 5% % 719 9% 98% 98% 98% BY J. C. ROYLE. 3 s 3%.| The June gradustion and wedding 984 1;o 984 | trade is now in full swing, but its vol- :g‘i‘: "“‘: 1:‘:: ume this year is of considerably smaller 103% | proportions than usual. None the less, 99% | it 1s accounting for & fair total of dol- ’1 lar_receipts. ‘The higher-priced luxury purchases 10012 | 1 10115 10115 10115 133 1026 1022 1024 102 1015 1014 1014 11014 1014 1014 7 10610 1062 10510 4 107 30 107 24 107 30 175 1125 11129 1125 Pillsbury F M 6548 4 FOREIGN. Postal Tel & C 54w, _l' 6 103% 103% T 9% 101% 101% % "0" Transcontl O1) & 102 101% 3% | Unitea Drug sa'ss. 49 _96% 96 95% | U S Rub 1st rf . 5%84% 83w 1031 | U S Rubber 7% 100% 100% Utah Pwr&Lt 6 100% 100% Utilities Pwr 5% 92% 924 2 91% 91% 107% 106% 4 103% 103% 108% 108% 100 100 5 1004 100% 103 102 RAILROAD. * 3 90% 90% 2 94% 94k 46 133% 133% 1 86 86 112% . 108% TonnCOnClB el cvrv ev In the apparel trades this is also true to a certain extent. The sweet 100% | gir] graduate this season is wearing 92% | less simple models and most of them 91% | are of inexpensive materials. The same 107% | may be said of youths’ clothing. The 108% | volume of cuff links, rings, watches wsu and other gifts which normally are bought at graduation time is falling 100% far below that of last year. 103 10 ‘The higher-priced pieces of jewelry 101% lom and the wedding gifts chosen with little regard to expense are maintain- ing a satisfactory level. Platinum-set 90% | precious stones are moving as fast as 94% | they were in 1920. This trend is being 133% | alded by the change in jewelry styles, 86 |both in the cutting and setting of 60% jeweln The cabouchon and melon 93% | cuts and the angular jewelry designs 91% | have made many pleces old-fashioned 98 |and a fine volume of business is being 1% 933 | done in resetting such ornaments. 100 ‘The popularity of flat silver for gifts 102% | is increasing. Large manufacturing 104 | jewelers declare that more people are 4 108% 1038 103 |using sterling silver than ever before. 1 104% 104%#104% | They give full credit for this to t.h- 4 ums 109% 109% | Bureau of Standards. Formerly, the; 93% . 93% | say, each num was continually nuh- l'l mc mav. 104 - | ing out with a new design to get ahead 1 87 87 |of his competitors. Most of them put s'm 87% | out & new design at least once a year. 99% 100 | This cost large sums for special tools 26 |and equipment and produced a con- 92% | glomerate mass of designs. The makers 98% | finally got together with the Bureau of 86 |Standards and as a result they now 96 | put out a design every five years, and 95% | at the end o! mu five-year period the 95% | design is - Ateh gev t & Bir s "33, 109% | 411 & Dan 1at 45°43. oy e - omeSmiee s wanE2S3500S0 0F ananlate arn S wn S e A g S OO TR e R 122% | B & O SW 685 '3, Hs » Can Nat 4348 °57 ,:Z“: Can Nat 4348 6! Can Nat 63, Jul. ,u", Prices. ‘The drop in the price of silver has done something wgurd 993 | metal is of somewhat minor im 10244 | compared with the cost of lal 1084 | equipment. The watch trade is T 105 |ing, and the American makes have al- 103y | most crowded the Swiss product off the 100% | domestic marx n'.v. Leaders in the le-elry business are retailers increased dld- space in newspapers dur- 98% !nx the next few ween. aiming to have intensified sel gmmmukg ince 1 102% 102% and 1 108% 108% 5 105 105 25 103% 103% o e s 90% | CM&StP ret 4% s > 96% | Chi Mil&St P 4348 C ChiM}IStP&P 6875, 101% | Chi NW 4148 2037, , 37 | Chi& NW con ¢%s ¢|Chi & NW 7s.. ChiRI&P4 94% | Gt T K Ine 6o 96 |ChiUn St ¢ 106% | Chi Un Sta 5 100% | C& W Ind 6%s 62, 106 | Clev Term 4348 '77. 107 |Clev Term s s 90% | Conn nyzmm-. 914 |Cuba RR 6s....... 101% c-.h.Nonu-m-. '3 ylnu doun. 1582.50;, beets. m beans, hamper, 1,0082.25 3% 98% ulhq! hnmper. 2.2582.50; 101 # mu‘ cal 29 3.50; cantaloupes, box, OOI«IM. fruit, box, 150-600, onuu, 29.50; pineapples, strawberries, quart, hli. 107% 294 o Gt Northern § orthern 5348, . 194% | Great Nor gen 7 1% Gult Mo s (B) 8oy | Hud & Man adj §: Hud & Man ref 104% 98 87% 87y 80% 80 2 96% 96% CELLANEOUS. 9 864 86% %s -1 101% 101% 48 9 86 86 100% 101 3 101% 101% 101% | It & Gt Nor ad/ 80 80 80 |Iowa Centralret 46 107% 106% 106% | Kan City F't 8 4 101% | Lake Shore 103% | Lehi Val con 162% | LehV gen cu-zlm 104% | Long Isl deb bs, 104% | Long llt dlb il ll 104% | Long quotations. corn—No. 2 domestic, . yellow, new, 963 | 93a94; cob corn, new, 4.75a4.80. 913%| Oats—No. 2 white, domestic, spot, 031 103% 99% 100y | 53%a54; No. 3 'hlte. domestic, spot, 88 104% 104% 4 104% 104% 18 104% 104% 90% 0%, | receipts, mostly by trucks, 8 lom 1ot 1 1 95% 95% 95% | for the demand, which is limited. While 1 83 not enough hay is arriving on ‘which i an ggg to establish values by grades of car- load lots, the better grades of timothy clover mixed are in fair demaund No. 1 oat, per ton, ’W‘:fl)w. Live Stock Market. Cattle—Receipts, 75 head; it suj Straw—No. 1 wheat, % 14 101% 101% 10.00; 9 105 105 10 107 107 102 102 Mo Pacific gen 3 103% 103% Mo Pacific 63 A 13 44k 44% 444 | Mo Pacss P77 5 95% 95% 95% | Mo Pac6sG I8 2% 94k | Mo Pac % 9R* H IM% lok 1108 Mob &0 4%8"17. 17 99% 99 99 2!2: 103 103 [N Y Cengen3%4s.. 2 95 85 [N T 99% 99% 99% N;gg:f-:fl: 72 101 5 102% 102% 102% 2 104 104 99% 107% 108 97 97 |9:75 to 10.50; plain to fair, 973 g9g | Ccommon to plll.n, 7.55 to lum, i f 1353 ,33;’ ,w plain t fair, 136 t0.7.15; “commion o 80 10735 1075 107% | PI&ID. 675 to 72 2 1085 106% 106 B 794 9% L 20 §6% 961 96% | to 8.00; fair 3 1071 1060 10:32 plain to fair, 5.00 to 6.00; commion to 12 107% 1074 107% | Plain. 375 to 5.00. 20 101% 101% 1013 "fl'l—cholee to 14 102 1023 1021 62 93% 93% 11126 125% Us NYT&MbE%s 1 100% 100% R 104% 104% 0.469 99% 99 s'44. 1133 133 « 19 106% 106 9 944 93% 2 101% 101% 10; 2 101% 101% 1 24 105% 104% 6 99% 9 3 MU W 9 100% 100% 6 100% 100% 94% | NY NH&H ev ab 1 |N Y Ont & W ist 48 1% 54 Norf&Sou gn u | Nor Pacifie 58 (D). 100% | Ore Short L con bs. 100% | Ore Short L 5s gtd. 100% | penna 4348 1970 "“ Penna con 4% 3 90% 90% 90% 1 104% 104% 104% 1 105% 105% 105% 4 105% 105% 106% | StP & KC ShL 4 49 95% 95% 95 |San An&Arn 92 2" 121% 120% 97 6 106% 106% *60.. 20 102% 1023 20 83% 82 83y |FereMdka1l 1 108% 103% 103% | Pere Mara 1st 1121 121 121 |[PCC&StL 10 125% 124% ll6 C Cast % 0w 9% 3 |PortRL&P l 62 62 62 |Port RL&P 7%s" 30 101 = 100% 100% | Reading gen ¢% A. 3 1024 1024 102% | Rio G West col 4s., 1 101% 101 101% | R 1 Ark & L 4% 10 2 82 A2 A2 IgtLIM&SS 37 99 98% leuu.uuuuun 2 106% 106% 106%* StL 1 118% 113% 113% | St 1 Peoria o 9 124% 1284 124% 2 94% 93% 94% 9 110 109% 1)0 10 102 6 102 102 5 50 50 9 27% 27 7 4 954 95 !fi\( 5 0% o 3 % % ’lK 1 IOB% 105% 105% 1101 101 101 16 934 93 #3% 17 100% 100% 100% 5 84 83 83% Tex & Pac s C 101% 101% i 103 B A s 19% 99% | ynton Pae 18t 4 84% 84% |.Unfon Pae 4 8% | Un Pac 18t ref 4s.. 100%-1004 | virginta Ry 1t 5 Wabash 43578 ret lOl!fi 101% | Wabasb §: lll\( 101% | Wester 86% -uMl 'l!i m