Evening Star Newspaper, May 26, 1930, Page 15

FIN N RISING MARKET 2 Utilities, Oils and Aviation . Issues Are in Good Demand. BY JOHN A. CRONE. @pecial Dispatch to The Star. NEW YORK, May 26.—Public utili- ties and olls shared the speculative spotlight with ayiation and trading ©orporation issues on today’s firm curb market. Although Electric Bond & Share at times was up 2 points and its asso- ¢late, American & Foreign Power, was up half that amount, their movements and those of the New York State pub- lic utilities, such as Niagara Hudson, Eastern States Power B and St. Regis Paper, did not detract attention from ‘hb air and trading corporation groups. ities Service was active, as also ‘were the rights, but fluctuations re- mained small. The various Standard ©Oll issues also pointed higher on news ©f the decreased California production. South Penn Oil did not respond to the extra dividend declaration of 121 cents, for it had discounted such a de- Velopment in its three-point rise Sat- urday. Missouri-Kansas Pipe Line, ‘which will soon announce new pipe line ANCIAL, Notice—All stocks are sold in one those designated by mthuantoehuhnull 930~ e mvmnd Fate, hagon ph (1%) 23% 13% Aero Underwriter: 33% 214 Ainsworth (33%) 9% 84 Air Investors v.t. 104% 103 Alabama Pwr pf(8).. 25% 16 All Am Gen Corp.... 366 276 Aluminum Co of Am 7% Am Br B fd shars. .. T4 Am Capital (B) 82 Am Capital pf (3) 14 AmCP&L(B)(10%) 23% Am Com P(A) b10%. 3414 Am Cwith P(B)10% 2% Am Co'with Pwr war 24% Am Cynam B (1.60). 118% Am Gas & Eleo (31 4% Am Invest (war) 52 Am Machine & Fdry. 1% Am Maricabo. 87% Am Superpwr pf (6). 94% Aun Super 1st pf (6). 10% Am U&Gen B vte 40¢ 2% Am Yvette (n) w.i.. 16% 8% Arkansas Nat Gas. 16% 8% Ark Nat Gas (A). 8% 1% Asso Dyeing & Ptg.. 51}y 41% Asso Gas& Elec..... 4615 36 ASSO G&E (A) 12.40. 11% 6% Asso G&E (A) dbrts 147% 126 Asso Gas&El ctfs(8) 60% 9% Asso Rayon pf (6) plans, hit a new peak. United Founders’ Corporation, fea- Sured investments trusts and trading onrpornlon movements as it ran up mearly 1)z points on a huge turnover. Gold.mln Sachs, complcuously ‘weak Baturday because of the rumored Xesln mation of one of its prominent official iwas slightly better during early trading = Fokker Aircraft, in which Denenl MMotors own a substantial interest, whirled vigorously and gained moce than two points as a result of General Motors' plan to make Fokker a holding company for its aviation interest. The name will be changed to General Avi- ation Co. Capital of the new company will be increased from 1,000,000 to 5, 000,000 shares. Detroit Aircraft, after opening lower, Gallied as a result of May net sales of $195,048. New York, Rio and Buenos Aires was active following announce- ment of a series of traffic arrangements ‘which will link Canada and the United :h‘lltes with South America by .an air- passenger route. Amusements, under the leadership of Loew's warrants and National Screen Service, were active and generally higher. Both Pennroad Corporation and West- ern Maryland, the latter up 2 points, pointed higher. BONDS ON THE CURB Alsbama Pow 55 '68.. 102}z 102%a 103% 961, is 9613 1% 80% 81% 13 ut/: 8% | Con G, 88 on Nat BB ToE :n I Garoline PAL, 8¢ 88, SR £l Sni Stbar Bt 'u Brool k‘n Un 5 100, M & By E 5 P 5Y 37, ’:%z“é" S50 AT :w, 10815 10814 foter ¥ aru s "84, 3 ww $4% 942 A3 0ns mm 10}'4 3 - ren o Besn g g 2 00! 3 S s oo S e 9?? 6 B '3k o ' Florita 8 & 48 1t orgis Pow 5% '67.. 100 T 6148 36 107 FEEO00) 29 11 92% 9 0'Pac R R 86 '80 Wi 1001 100 100 ont L o 100% Nathan ki 593 39 %% 103" 102 mz' IE) %3 10315 1, 5 »; exs: o T mn 2 '10 81 & Co 65 81 Union ofl cul 3 West Tex Up 85 A 87 915 ol 31 Wes Union Tel 5s '60 103%4 103 FOREIGN BONDS. 71 Buen Air Prov 7s 52 05 Cogs B8, 8 907 8 Prussian P 8 61as 'bi th‘ de_Jan 6'zs 55 r G Co 681( A M 14 Russian 5'%s Baar Basin Con # % AtlanticFruit & § 14% 12% Atlas Utll Corp. 163 6% Auto Music A(11.06) 55 24% Aviation Corp of Am 17 12% Aviation Credit..... 10 ’IK Aviation Securities.. % Bahia Corp........n ll")fi ll’l Bell '.run! Can'(8).+ 16% 6% Blue Ridge Corp.... 33% Blue Ridge ov pf(ad) 63 Bohack (HC) 3%... $6% Brasil Trac& Lt (3) 2% Bridgept Mach (260) 57 Buckeys P L (4) 24% Buft, N&EP pf(1. 82% Bulovaov pf (3%).. 8 Burco, Ine (war). ... 2% Burma Corp (131¢) .. 3% Bwana M Kubwa. 8% Cannda Marconi 18% Cellulold Corp. 26% Cent Pub 8ve. Del... 38% Cent P S (A) (al.76) 19 Cent States Elec 3400 4% Centritug Pipe 2% Chain Stores De: Nat Asso n-v. oro Mfg (18) 44k 2614 Citles Service(330¢) 98% 88 Cities Brvo pf (6. 98 61 Clev El Illum (1.80). 36% 18 Clev Tractor (1.60).. 21 11% Col Oll & Gas v.t 35 3054 254" Gomwlth BAISOR(Y. 108 312" 64 31 Com'with & Sou war. 19% 1214 Comm Wat Serv b§% 27% 15 Consol Alreraft. 7% Con Retail Strs (1).. 124 Continental Oil...... 28 Cooper Bessemer(3) 38 Cooper Bess pf A (3) 10 Cord Corp. ceeen 25% Corp Secur, QIMI' 12% Corroon & Reynolds. 45 CosdenOil........ 89% Coty Boc An(74 4-: 108 6% Creole Petroleum... 3% Cresson Consol (86). 18% Crocker Wheeler.... 11 Crown Cork IntlA(1) 34 Cueno Press (2%) 1% Curtiss Wright w 1 Cusi Mex Mining.... T% Darby Petrolm (l) . 22% 22 Delsel-Wem-Gil 1%. 1 4% Derby Oil Refining. . 8% 6 28% 23 28% 56% 44% 108% el 6% Dublilier Cond & Rad 16% Duquesne Gas (new). 4 Durant Motors. . 18% Eastn Sta Pwr B(1). 14 [Eastn Util Assocv.. 39% Eastn Util Asso (3).. 7% Eastn Util Inv (A).. 13% Eisler Eelectric(1%) 1 80% EI Bond & Sh (b6) 109% 108% EIl Bond & Sh pf 24% Elec Pwr Asso (1) 22% Elec Pwr Asso A (1) 28% Eles Pwr & L op war 16% Elec Shareholdg($1) 15 Electrographic (3).. 19% Emp Pub Sv A(I.IO) 6 Empire Steel Corp. 6% Euro Elecdebrts... 2 Fabrics Fininshin, 8 Fairchild Aviati 18% FokXker Afrcraft. . 28 Ford Mot,Can A t1% 17 86 Ford Motor, Can (B). 268 6% Ford Mot, France 280 & 10% Ford Mor.Ltd. 37%e. 12 4 Foremost Dairy Pr.. 12% Foremost D P pf 1.60 2% Fox Theater Cl (A). 14% Franklin Mfg (3)... 2% Galena Oil Corp. » B L L T rors Cable (war). Empire Corp. .. N' Gen G&E cv pf B(6). 5% Gen Laundry Mach. Gen W W&E(A) (3), 98 Glen Alden Coal8... 11% Globs Underwriters 4 Golden Center 30% Goldman Sacha(bs). 143 2% Gold Seal Eleonew.. 6 260 2204 GrA&PTn-v(5).. 10s 122 115% Gr A &P Tea pf (7)..120s 14% 11% Groc Stores Prod vte 166% 131% Gulf Oll of Pa(13). 31% 2% Handley Pag pf t16c 181 Hazeltine Corp (2).. 2414 Hires (CE) (A)(2). 19% Houston Oil of Texn 8% Hudson Bay M & 78 Humble Oil (2)..... 3T Hydro Elec Sec (2).. 10 Hygrade Food Prod. 22% Imp Oll, Can, n(E0e). 17 Ind Fin otfs(b10%). 654% Insull Ut Inv(b6%). 69 Ins Co, No Am (13) 17 Insurance Sec(1.40 % % Intercontinent Pet 100 Intl Cigar Mach (). 17% Intl Petroleum (1).. 50 Intl Salt (new)...... 3234 Intl Superpwr(21).. 6% Internatl Util (B)... 1% Internatl Utll (war) 10% Interstate Equities. 12 Irving Air Ch(1.50). 1% Kirby Petroleum.... 13% Klein (D E) Co (1 % Kolster-Br (Am Sh). 10% Lake Superior Gorp. . 14% Lefcourt Real(11.85) 29 Lefcourt Real p£(3). 1% Leonard Ofl......e; 15% Libby McNell & L. 17% Lily Tulip Cup 1%, 18% Lion Ofl Refin (2) 3% Loew's, Inc (war). 124 Loew’s, Inc. debrts.. 34% Lone Star Gas. n (1). 3 Louisiana Lan & Ex. SEnaareatmne —ansanloanmeeaa s DS 3 l‘h !( 3 18 1 ll l lfil!t lON MIK 1 2 20% 20% 20t ““ Y 105% 103% 108% 108 % THE EVENING STAR, WASHINGTON CURB SHARES FIRM | NEW YORK CURB MARKET 13 ll % 20% 800 11% U 33 17% 43 12% 15% 42% 12% 16% 334 33% 30 19% 13 50 21 6% 7 €0 514 3% 3% 3% undred-share lots letter 658) the = l:fi ( )‘ (285) Received by Private Wire Rirect to The Star Office Stock and Dividend Rate. 18 MacMarr Stores (1. Synd. Mapes Cons (3). lfi lnru Int M (52%e).. ©A4 0. Open. mign. m Close. 19% - 22 Mer Cha & 8 (1.60).. Met & Min. Inc(1.20) Midland Utd pf A(3). Midland Utd (war).. 21d Sts Pet v.t.c. A.. Mid Sts Pet v.t.c. B.. Mid Wsn Sts B1(1%) Mid Wst Util(b8%). Mid Roylty cv pf(1). Mo Kan P L (b10% MissKP L v.te Monroe Chem (1 Mountain&Gulf ( Mount Prod(1.60) . Mount St Pwr pf (' Munielpal Servic Natl Amer Co lou-::um-!»——o—nu—-—.—nu-u Natl Fuel Gas (1). Natl Leather. ... 1 Natl Pwr&Lt pf (6). 2008 NatlPwr&Ltpf (1) 1 Natl Screen Sve(2).. 12 Nat Sh Trm SeA t50c Natl Stl Corp (war) Natl Steel x-war(2 Natl Trade Journal. . Natl Transit (1). t, Ine, ov A(1.60) Nevada Cal Elec, New Eng Fuel (new) New Eng Pwr pt (6) . N J Zine (12%) 5 . Nr'rolpuni). :s- N Y Transit,n(11.70) Niag Hud Pwr(new). 1l5 Niag Hud Pwr.A war Niag Hud Pwr B war Niag Shars Md(40¢). Nipissing (30¢) Noranda Mines (3) No Am Aviat A war. Nor Am L&P (b8% Nor Sta Pwr A(8). % Ohto Copper. Ohilo O11 (4) Oflstocks, Ltd A $50e Okla Gas & El pf (7). Qutbd Mot(A)(1.80). Overseas Secur (1) 3 - L YTIPRPE- - Ty %). Patterson Sargnt (3) Pennroad Corp. Peoples L&P (A)e! “ :m Petrol Corp (1% ) 4% Petrol Corp war. % Philip Morris, Ine. 18% Philippe(L) B 11.80., 20% Pie Bakof Am A (2). 10 Pilot Ra T(A)(1.20). 10 Pitney B P, n (200).. Pittbgh Forg (1.60). Polymet Mfg (31). Power Securitie: Prudunllll Invest... Pub Util Hold w w. Pure Oil pt (6).. Raflroad 8h Cp(25¢), Rainbow Lu Prod B.. - » o omme e Seen S8l BrsonSnenSnERanm wui e Reliance Intl (A) 74 Reynol 26 Rive Kumb) 0. 19% Rocklans Lt&P(92¢) 15 Root Ref cv pf(1.80). 7% Rossia Intl Corp. 3% Ryan Consolidats 120% Safety Car H&L (8). 110 Safeway 8 (war24). 65% St Law Pap M pf(6). 19% St Regis Paper (1).. 10 Balt Creek Prod (2).. Safety Cont. andoah Corp. Shenan Coro pt (a3). 18 Silica Gel Ctfs. 137% Smith (A O) (2). 2 374 South Penn Of1 (13% 20 Sou Natural Gas.... 9 Bouthland Roy (1). m B'W Gas Utilitl 88% Stand O1l Ky. (1.60). 81 Stand Oil, Ohlo(2%) 117% St Oil, Ohlo pt (7) & Stand Silver Lead.... 29% Swift & Co new u).. 31 Swift Internatl(2%) 90 S8wiss-Am El pf (6).. 64 Syrac Wash M B (1) 54% Tampa Electrio ($3) 51 Technicolor. Inc.... 4% Teck Hughes (60c) 8% Texon Oil & Land 3% Thatcher Sec Corp. 76 Thermoid Co pf (7) % Tobacco Pr Export 44% Todd Bhipyard (4). 1 Tonopah Mining. $8% Transamer (31.60). 6 TranCon Alr Tran.. 4% TransLux DL P8 5% Triplex Safety Glas: 4 Tri-Cont Corp (war) 23% Trunz Pork S (1.60). 12% Tubsize Chatel (B).. 20 Tung-Sol Lamp (2). l'm Ulen & Co ion Tob 16 l td Am Util(b2 8% Unit Car Fastnr(60c) 82 United Chem pf (3).. 14% United Corp (war). . 27 Utd Founders(b3.35) - 19% United Gas Co. 1% Unllefl G Co (new) 6% U 0 oy H PUTE TP RTTQUPIN 11 IO DV I -2 904 United Ga P 29% United Gas Corp etfs 27% Utd Lt & Pwr A(1).. 80 Unit Lt&Pwr(B) (1) 13% U 8 Dairy (B)...... 14% U S Elec Pwr (war). 17% U S Foll (B) (1). 42 U S Gypsum (1.60).. 904 U B&Inti Sec 18t (5). 14 US Lines pf (1). 17% U S & Overseas war. 831 US Playing Cards 16 3 United Stores. 14% Utility Pwré. 16% Utility & Ind. 6% Vacuum Ofl (143%) 8 Viek Financial Cor 41% Walgreen Co.... 8% Walker (H) (1) 42% ‘West Cont UtA(1.30) 64 Wil-Low Cafeteria. . % “Y” Ol & G: # Yukon Gold. 14% Zonite Prod (160). 1 25% 10 12% 1% & 16% 26% 26% 12 12 1% 1% LA 16% 16% 19% Clev EI I11. 1% Hackensck Wat..June % Hudson Bay.....June — 4 Insur Coof NA. 3% Intl Salt.... 4 # Newport Co. Dividend rates in dollars based on annual payment. *Ex-dividend in cash or stock 8 # # # 3 70 20% 21% 20% 21% 2 1% 1% 1% 1% iast quarterly or semi- TPartly extra. $Plu b Payable in stock. d Xtra in stock. a Payabie able in preferred stock i | FRENCH LABOR INSURANCE brueck ¢ ‘38 ‘E"mn s T 38 ww.l. 8l u' i xw v Sias 85 B0 B om SYSTEM IN EFFECT JULY 1 By the Associated Press. PARIS, May 326.—French workers sickness, old age and death after July 1, when the national socia] insurance law becomes effective. Insurance s obligatory on all wage earners who earn less than 1,600 francs mb'wmhmm.m_ In the ease of citles of 200,000 worker, inhabitants or over the income limit is 1,800 francs, The assessment is approximately 8 per cent for industrial workers and 2 per cent for farm workers, half to be p.mbymn.mplvyulnflhmbym 19% 19% GRAIN MARKET CHICAGO, May 26 (#).—Whea prices ran up quickly today, helpsd by the largest weekly clearances from America in & long while. Besides, erpofl business in North American wheat to- day totaled 1,000,000 bushels or more and the United States visible supply showed 3,811,000 bushels’ decrease. 44% | Bullish crop reports about Winter wheat in Illinois were also a factor, and so, }g"‘ too, were Saskatchewan advices of dam- age by abnormally high winds and soil drifting. Wheat closed stronger, 13 to 2% a bushel higher than Saturday's finish. Corn closed 1% t0 1% up, oats % to 3% advanced and provisions unchanged to a rise of 20. o Pars A 1.08% ’ 104 14% Befloniec i B 3| D July . Septemie December NEW YORK COTTON NEW YORK, Msy 26 (Special).— Cotton prices were very evenly divided today and favorable weather was offset by an advance in wheat and predictions of showers in Texas and Oklahoma to- morrow. Prices held within a 10-point range and ended with a gain of 2 to a loss of 5 points on the day under an unusually light volume of business. Spots were reduced 10 points to 16.20, Cotton range l:) July .. October,’ December, old. .99 December, new.. 14.70 id.... 18. Low, Closs u ‘o 148 CHICAGO STOCK MARKET By the Associated Press. CHICAGO, May 26.—Following the complete official list of tnmnetlona in stocks on the Chicago Stock Ex- ghnnge today: in hundreds. i High. Low, Close. nna:m-a Mot T 5 Wat Wk gl gis ¥l vi sMouun uns A\rcun t Dred 50 Hart-Carter 1950 Houdaille-Hershiey 1650 Houdaille-Hershey 203 Tilinols _Brick. 140 Ind B err 1380 Infand Dtiiiies 3550 Insull ULl Invet 100 Insull Util In pf 3 20 Trons B man 400 Inv Co of Am. 6100 "’""‘fi, Elec. IWD K 110f Ken. ube "X Kentuce U or oum p) Eg Keystone Stee] 80 Mid 2 Mid gale gt o350 Midiand Uil 2160 Ng'r"mfi er Nor & So Amer Corp 23 8 Northwest Bancor. gut %o | B8 EEFE 5355 ) 7 s F & Lt nevet. lng 7nn THi % 0 Dtilit, 8 50 Yout " M¥ SSBYTNS.SuEL L HEETR AL TENES SaS! s o -E-ao 8% 7:560 Shares. BONDS. ire Public Service 21 3t 10812 188" 10858 1017 101% 101% 10215 102% 102% . 975 91 91% oo, METAL MARKET. NEW YORK, May 26 (#)—Ooppe quiet; electrolytic, spot and future, 13 Iron quiet; No 2 f. ,_Eastern Penn- sylvania, 18.00a19.00; Buffalo, 16.00a 16.50; Alabama, 12.00a14.00. Tin, steady; spot and nearby, 31.75; future, 32.00. Lead quiet; spot, New York, 5.50; East D. C, MONDAY, MAY 26, 1930. AUTO OUTPUT HELD AT RECENT LEVELS Spotty Market Conditions Result in Rigid Cheok on Pro- duction. Special Dispatch to The Star. DETROIT, May 26.—A spotty market continues to hold automobile production to the manufacturing schedules set for this month, with the prospect that out- put will continue until June brings the usual seasonal tapering off. Current voluma is estimated to be maintaining | sam rage of 100,000 cars a week. An h the low-priced lines con- tinue to hold the advantage gained as the result of general business slackness, the cars at $1,200 and up are getting a fair share of patronage. This readjustment thn the sutomo- bile builders aré passing through differs from previous of the same kin because it is red that reduction of prices and consequent risk in decline of earnings will not help matters; therefore, scarcely any price reductions have been made, except in Mncu where certain lines are being closed to make way for new stuff, llmelpaung the 1931 season. ‘The solidity that producing compa- nies have built up in the last five years has been predicated on the experience of 1920 and 1921, when the price-cut- ting and consequent losses were allowed to run rife. Year after year the busi- ness has been undergoing the change from a large number of companies pro- ducing small quantities of ecars to stgtus of a small number of manufs turers producing the larger number of cars. INVESTMENT TRUSTS NEW YORK, May 26 (#).—Over-the- counter market. Afliated Tny Inc AEX Hamitton Th Alliance Tnv Corp, C Am"BFit '€ cont 6% pi. P Siaies nvest new British Type Capital Managi Chsin & Glen | m & S P P e O General Eaquity Granser Trade Thicoro " Bauitie Incorp Investors Insurance Trust Inyestment €o of Am Do pt Investment Trust Assoc. Investment Trust of N Investors Trustee Share Joint Investors Com Mass Investors Trus Mohawk Invest Com anage Cor fln:{ rBondl& Share. atl Investors Shares No Am Trust Sh Northern Securit] Old Colony Invest 0Old Colony Trust Ol 8i =3 S FESF HEBNNTRSS. = 2830050823, 5 nd A Pour & Light & Ll Sn & BALTIMORE STOCKS. Special Dispatch to The Star, nAL'rmou, May 26— St. Louls, spot and future, 4.65. Anti- mony, 7.37. Quicksilver, 119.00. —_— In China and other parts of the East date i3 known as Persian candy, BONDS. . 4000 United Rwy & Elec income 4s... . Increasing industrialization of Aus- tralia is creating new opportunities for sale of American products, TRUSTEED SHARES INVESTMENT the _ Sold in Lm—uoooa Up Call or Write Standard Collateral Sh-res Corporation d Building, Met. 8388 MOTT Mgggns, Ine. “HUPMOBILE!” BetterU_ud Cars 1520 14th St. N.W. DECATUR 4341 o First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. lker company from the Fenner & Beane New York New Otleans Members New York Stock Exchange and oth principal exchanges Washington office: 1430 K Street N.W. Tel. National 4933 FINANCIAL GIANT AIR COMPANY PLAN IS REVEALED General Motors Declared In- terested in Move by Fokker Concern. Speetal Dispateh to The NEW YORK, Mly 26.—Organization of a company designed to occupy the cphce in aviation as General Mo- ‘orporation holds in the automo- hl.h industry is seen in the plans of the Fokker Aircraft Corporation, announced yesterday, to change its name to Gen- eral Aviation - ition and become & holding company. It now is a manu- ‘mflni and distributing comF ny. an for: General Aviation Cor- ;:r-uon is to take over the present kker company as @& subsidiary and acquire the Dornier Company of Ameri- ca, in both of ‘which companies Gen- eral Motors COrponuon has workm% control. The America: was Xonned lnt 0&;‘,, by General Motors and the Fokker com- pany. Hanshue’s Announcement. ‘The announcement of the change in the golicy of the Fokker company, in which General Motors, by virtue of ll.! gl.l:chne of 50 per cent of the stock, has n the largest stockholder since May, 1920, was made by Harrls M. Hanshue, president of the Fokker Corporation. He said that the directors of the Fokker company had approved the change in ¢ pame and policy and had recommended to ltockholdeu the increase in _the T of authorized shares of the Fok- ‘esent 1,000,000 shares of no par value to 5,000,000 shares 8f no par value. While detalls’of - the ownership of the stock of the new company were o nounced, it is expected that after ization and the issuance of its mck return for that of the present Fokker Co. and the Dornier Co. Gen- eral Motors Corporation will have more than a majority of the outstanding stock. QGeneral ~ Aviation Corporation does not plan any exchange of stock for the present Fokker stock, so that General Motors will have & 40 per cent interest in the new company before it acquires the Dornier Co. The General Motors holding in Fokker la far larger than any other lln{l: hold! nl‘ the re- maining 600,000 shares of the company ac mud in small lots throughout the country. Motors to Get Control. Although the exact interest which General Motors holds in the Dornier company has never been announced it has been assumed that it hnd an even intere!t witlr the Fokker would recelve in the acquisition of the Dornler company by General Aviation corp‘%:‘thn undo]uhtcd.ly would give it a m: The announcement by Mr. Hanshue said that additional properties are being negotiated for, to be acquired by Gen- eral r“fi:""“ r'At’m l“:ld that ll: was for the purpose of carrying throug! these negotiations that the amendment to the by-laws of the Fokker company h perm the increase in the authorized recommended to the stock- hnlderl by the Mr. Hanshue gin'x not ‘“n“t:'d v'rhn or:npnmex are ng negotia aside from the Fokcker and Dornler, but. the announce. ment that such negotiations were going on revived the report that Western Air Express would be one of them. PIG LEAD OUTPUT. NEW YORK, May 26 (#).—The world output of pig lead -mounm to 153, las short tons in April, ared 163,814 in erch Ind 162,545 in Aprll, 1929, reports the American Bureau of Metal Statistics. *es A 1§ TELEPHONE CO. NET IN APRIL $275,218 Return of $980,834 in Four Months Shown by Baltimore Firm. Special Dispatch to The Star. BALTIMORE, Md, May 36.— The report of operations of the Chesapeake & Potomac Telephone Co. of Baltimore City, just filed with the Public Service Commission, shows telephone operating revenues for April to be $1,197,128. Ex- penses during the month were $921,910, making net revenues, $275,218. Telephone operating revenues for the four months ending April 30 amounted to $4,093,464. Expenses during this period were .! 652,630, making net enues, $980,834. ‘Telephone J"“ 12 months endin penses of § 197, making net revenues $2,933087. This is equivalent to 6.65 per cent the average value of the oompany property as fixed by the Public Service Commission as. of December 31, 1924, plus_additions. This value on April 30, 1930, was $45,393,724. Taxes assignable to operations in April were 1122 012, which was an in- crease of $7,717 over t% e previous month and 7,227 over April, 1929. Taxes for the first four months of the year amounted to $472,907, compared with $465,066 for the first four months of 1929. Taxes for the 12 months end- ing April 30 amounted to $1,332,937. Capital expenditures for plant and equipment in Maryland for the first four months of 1930 amounted to $1,- 933,222. Retirements during this pe- riod were $879.881, making net addi- tions $1,053341. Net additions to plant and equipment for the 12 months ending April 30 amounted to $2,825,673. A net gain of 1,182 telephones were added to the system in Maryland dur- ing April, making 211,867 now in serv- ice. During the month of April tels- phone users made 27,436,000 calls, which was an increase of 4.4 per cent over the number made during the same month last year. POTATO MARKET. CHICAGO, May 26 (#) (U. S. Depart- ment of Agriculture) —Potatoes—Re- ceipts, 166 cars new, 26 old; on track, 230 new, 79 old; total U. S. shipments Saturday, 959; Sunday, 90. Old: Dull, trading slow; Wisconsin sacked round whites, 2.50a2.75; Idaho sacked Russets, 3.45a3.65. New: About steady, trading good: Southern sacked Bliss Triumphs, . 5Southern Carolina, barrels, Specializing in Established Business Investments JAMES Y, PENNEBAKER Nat. 5291 1520 K St. N.W. REAL ESTATE LOANS Made at Low Interest Rates TYLER & RU'I'HERFORD o 0% es! 1520 K Sl. N. W National 0478 HIGH RATE OF INCOME WITH GREATEST SECURITY ANNUlTlES Cash Refund—Joint—Def Send 101 Intermation LEROY GOFF INSURANCE—ALI - BRANCHES Equitable Co-operative Bdg. Ass'n Organized 1879 JOHN JOY EDSON, President Assets. ... +eee0..$5,723,083.61 50th YEAR COMPLETED WALTER S. PRATT, Jr., Secretary Surplus & Profits. -$1,755,911.57 Subscription for the 99th Issue of Stock Being Received Save Systematically! Sane, conservative in- vesting eventually makes a nice little estate. Come in and let us explain! 915 F ST. N.W. Moderate Charges The ways and means are various and varied. But if you wish to obtain a real estate loan with the minimum of delay and anxiety, .there is only one way to go about it— put the matter in our hands. 3, 50r 10 Year Loans On Improved Real Estate IN Nearby Montgomery County and the District of Columbia Lowest Interest Rates BOSS™HE(PS r-nn a |n1 Loat Jonn “Hancoek uurnx *Lire Insurance 1417 K St. Nqnonul 9300 National Metropolitan Bank 1814—Oldest National Bank in the District of Columbia—1930 15th St., Opposite U. S. Treasury A Good Bank to Grow Up With Young business men and others will find The etropolitan a good bank with which to progress. fThis veteran bank has been a vital force in Washington's com- mercial development for well over a cen- tury, 3% on Savings