Evening Star Newspaper, June 11, 1930, Page 12

12 FINANCIAL THE EVENING STAR, WASHINGTON. e, WEDNESDAY, JUNE 11, 1930. FI ANCIAYL RETAIL SALES GAIN | - Report for May Reveals 3 Per|* Cent Advance Over Same Period Last Year. Department stores in May in the Fifth Federal Reserve District, which includes Washington, were 3 per cent ahead of the May, 1929, according to a preliminary report jist given out by the Federal Reserve Board. Sales in the Fifth District for the first five months of 1930 have also been esti- mated by the Reserve Board and are on exactly the same level as last year, neither a gain or a loss being reporte by 60 stores in the 23 cities in the trade area. Department store sales in May for the country as & whole were 1 per cent lower than those of the corresponding month a yesr ago, the report says. This announcement is based on early reports ‘rom 551 stores located in the 12 Fed- sral Reserve districts. For the five- nonth period they are 3 per cent below he sales for the first five months of 929. Next to New York, which had a 5 per ‘ent gain in May, the Richmond Dis- rict made the best showing with the : per cent gain. Boston gained 1 per ent and Minneapolis 1 per cent. De- artment store sales in all the other istricts were under the figures in May, Sales in Dallas were off 10 per 5, 1 per cent; Atlanta, 5 per cent; Si “rancisco, 4 per cent: Cleveland, 3 or_cent, and Kansas City, 2 per gent. The percentage of increase or de- ease in May and for the five months presented in the following compari- ns: Jan. 1 o *May 31 Number of report- ing stores Reserve *May district. stal (551 ios 8 37 & 29 & Baltimore Markets secial Dispatch to The Star. BALTIMORE, Md., June 11.—Pota- es, white, 100 pounds, 2.25a2.75; new, wrel, 2.75a5.50; sweet potatoes, bar- 1, 2.50a4.50; yams, barrel, 3.00a4.00; paragus, dozen, 7582.75; beans, hamp- 75a1.50; cabbage, hamper, 50a90; rrots, 100, 50a4.50; celery, crate, 2.50a 00; corn, bushel, 2.25a2.75; cucum- :rs, hamper, 75a1.25; kale, bushel, 75a ); lima beans, bushel, 4.00a5.00; let- ice, hamper, 25a75; onions, 100 pounds, )a1.00; greepn, 100, 75al1.25; peppers, ‘ate, 1.50a3.00; peas, bushel, 1.50a3.25; wdishes, 100, 1.00a3.00; spinach, bushel, 00a1.25; squash, bushel, 50a1.00; to- \atoes, crate, 90a2.50. , bushel, 1.25a3.00; grapefruit, , 2. .00; oranges, box, 3.7529.00; ineapples, crate, 3.50a4.00; strawber- ies, quart, 12a22. Dairy Market. allve—Chickens, Springers, ; Leghorns, 20a30; d old hens 22a2 i3 “orns, ducks, 20a22; guinea .owls, each, 50a75; pigeons, pair, 25. Eggs—Receipts, 2,737 cases; nearby, Arsts, 22%4; hennery, white, firsts, 23. Butter—Good to fancy, creamery, pound, 33a65; ladles, 24a25; rolls 24a25; process, 29a30; store packed, 19. Hay and Grain. Wheat—No. 2 red Winter, export, 1.04%; No. 2 Winter, garlicky, spot, 3.06%; July, 1.05%; No. 3, garlicky, no quotation. Corn—No. 2 domestic, 93a94; cob corn, 4.75. Oats—White, No. 2, 51!2a52; No. 8, 6015a51. Rye—Nearby, 75a80. Hay—Receipts, none. The general ‘hay market wn‘!,h'mu afle‘;ul‘lnderlllx(ht receipts, mostly by trucks, ample for the 5mnnu. which is limited. While not enough hay is arriving on which to rhbll.sh values by grades or carload ots, the better grade of timothy and clover mixed are in fair demand at a range of 20.00 to 25.00 per ton. Live Stock Market. Cattle—Receipts, 75 head; light sup- ply, market steady. Steers—Choice to prime, none: good to choice, 11.00 to 11.50; medium to good, 1050 to 11.00; fair to plain, 9.75 10 10.50; plain to fair, 8.75 to 9.75; com- mon to medium, 7.75 to 8.75. Bulls—Choice to prime, none; good to choice, none; medium to_good, 8.00 €0 8.50; fair to medium, 7.25 to 8.00; plain to fair, 6.50 to 7.25; common to plain, 6.00 to 6.50. Cows—Choice to prime, none; good to choice, none; medium to good, 7.00 to 8.00; fair to medium, 6.50 to 7.00; plain to fair, 5.00 to 6.00; common to plain, 4.00 to 5.00. Heifers—Choice to prime, none; good to choice, none; medium to good, 9.00 to 10.00; fair to medium, 8.00 to 9.00; plain to fair, 7.00 to 8.00; common to plain, 6.00 to 7.00. Presh Cows and Springers, 50.00 to 150.00. Sheep and lambs—Receipts, 250 head: light supply; market steady; sheep, 2.00 0 6.00; Spring lambs, 9.00 to 12.25. Hogs—Receipts, 600 head: light sup- ly; market lower; light, 10.60 to 10.90; eavies, 10.00 to 10.70; medium, 10.65 to 10.90; roughs, 7.50 to 9.25; light pigs, 10.00 to 10.40: pigs, 10.50 to 10.80. Calves—Receipts, 100 head: light sup- Ply; market steady; calves, 6.00 to 11.50. yellow, new, By the Associated Press. NEW YORK, June 11.—A petition is being circulated on the New York Cotton Exchange requesting a vote on making Saturday, July 5, an exchange holiday. P. A. Walters of Chicago has been alected vice president of Stone & Web- ster and Blodget, Inc. Chester Morrow Clark and Wendell Robert Erickson have been elected assistant vice presi- dents in charge, respectively, of re- search and analysis and of the munici- pal bond department in New York. Prank A. Ketcham, president of the Graybar Electric Co.. today announced removal of warehouse facilities of the company at Charlotte, N. C.. to new and larger quarters at 1101 West More- head street, Charlotte. The announce- ment sald the move was necessitated by accelerated demand in that terri- tory for electrical merchandise of all kinds. ‘The Gulf Refining Co.’s plan to use water instead of rail transportation in distribution will involve an expenditure of $400,000 in construction work on a terminal on the Ohio River at Louis- ville, Ky. The company has purchased a 60-acre site adjoining the United States fish hatchery on Gibson laken and will construct storage tanks, docks, loading racks and pumping station. Louisville will become a distributing center for points in Kentucky and Southern Indiana, heretofore served by tank cars by rail. 13814 4 39% 8914 169% 66 108% 981 146 40 63% 49% 1077 178 145 Orders have been received by the Ingersoll-Rand Co. and the Chicago Pneumatic Tool Co. from the Anglo- Chilean Consolidated Nitrate Co. for air tools to be used in the construction of the new Pedro de Valdivia plant of the Lautaro Nitrate Co. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. (Continued From Page 11.) Stock and Dividend Rate. 41% Kennecott Cop (3)... 20 Kinney (GR) (1)... 86% Kinney (GR ) f (8). 1% Kolster Radlo...... 384 Kraft Ph Ch (1%). .. 29%, Kresge(SS)Co(1.60) 7% Kresge Dept Stores. Kress (SH) (1)..... 28% Kreuger & Toll 1.60. 29 Kroger Gr&Bak(nl). 98 Laclede Gas pf (5).. 21% Lago Ofl & Tran: 93 Lambert Co (8 6 Lee Rubber & 34 Leh Port Cem (2% 47¢ Lehigh Valley Coal. 70% Lehigh Valley(t4%) 78% IL.ehman Corp (3).... 24'¢ Lehn & Fink (3).... 19% Lib Owens F Gl (1),, 911 Liggett & Myers(15) 9114 Ligg & Myers B(15). 2813 Lima Locomotiv 39 Link Belt (2.60).... 52% Liquid Carbonia (4). 424 Loew's. Ino (3)..... 8 Loew'spfxw (§%).. 31 Loft InC..........o 5014 Loose-Wiles (12.80). 164 Lorillard (P) Co.... 8 LouisianaOfl....... 38% Lou G & EI(A) (1%) 128 Louis & Nash (7)... 28 Ludlum Steel (2)... 28 61 22 14 Mac And & F (12.85). 125 y (RH)&Co(nt3) 10% Madison Sa G (1%4). 6is Mallison & Co. 15' Manati Sugar pf 91y Man Elec Supply.... 291 Man Elev mod g (d5) 1% Market St Ry....... 174 Marmon Mot (h50¢) . 42% Marshall Field (2%4) 37 Mathieson Alkil 13), 47% May Dept Strs (n2).. 164 Maytag Co (12). 291 Maytag Co pf (3). 264 Melville Shoe (2). 1214 Mengel Co Miami Copper (4)... 53 Michigan Stl (m2%) 2314 Mid-Cont Pe 7 Middle Stats 12% Minn Moline Pwr.... 72 Minn Moline pf(6%) 1'4 Minn & St Louis.... 54 M StP & SSM 1sd (4) 41% Mo Kan & Tex (1)... 103 Mo Kan & Tex pf(7). 70 Missouri Pacific..... 25 Missouri Pac pf (6). 18% Mohawk Carpet..... 47 Monsanto Ch (g1%). 35% Montgom Ward (3). 3% Moon Motors. 58% Morrell & Co 1% Mother Lode (20¢c) 434 Motor Meter G & El. 50 Motor Products (2).. 26% Motor Wheel (3) . 12% Mullins Mfg... 46 Munsingwear (14) 18 Murray (b2%stk)... 35% Myer(FE) & Bro(2). 38% Nash Motors (8. 3! 71 Natl Biscuit, n(2.80) . 53% Natl Cash Reg.A(14) 45% Natl Dairy (32)..... 18 Natl Dept Stores (2) 88 Natl Dept St 18t (T). 29 Natl Distillers (2) 24% Natl Enameling (2 137 ;;llll Lead (18) 1% % Natl Rys Mex 2d 101 Nati Supply (5)..... 70% Natl Surety (5)....e 30 Natl Tea Co (2 Neisner Bros ( ada Copper (1%) Newton Steel (3).... N Y Airbrake (3.60). 165% N Y Central (8). 110'% N Y Chi & StL (6)... 35 N Y Dock 107% N Y N H & Hart (6). 119 NYNH&HD (7).. 2 100 N Y Steam pf (6).... 226 Norf & Western (10) 83 Norfolk & Wn pf (4). 914 North Am Aviation.. 93% North Am(b10 %atk) 51 North Amer pf (3)... 45 No Ger Lloyd (3.43). 76% Northern Pacific (5). 75% North Pacific et (5). % Norwalk Tire & Rub. 9% Ofl Well Supply..... 86 OIl Well Sup pf (1).. 13% Oliver Farm Equip 70 OlivFrEqpfA (6 314 Oliv Fr Eqev pt(3). 2% Omnibus Corp. .. 63 Orpheum Cir pf (8).. 6 n(2). tis Steel (3%)..... 50% Owens,Ill Glass(né). 7 Pacific Coast 7 it 108 22 4 29 1 465 14 69 3 128 13% 10% 441 284, 988, 22% 963 9519 28 40 70 75 9314 4 607 20 819 384 134 29% 28% 79 23% 1314 82% 66 125 13% 10% 105 75 Prev. Sales— Add 00. High. _Low. _Close. Close. 441" 45T 39 4 86% 53 29% 9 28% 983 221 96% 97 28 40 1 kid 934 4 63 20% 814 39 134 30% 281 80 28% 142 83 67 125 13% 10% 41% 105 T5% 7 129% 1264 126% 9! eosee 1 17% Pacific Coast 1st pf.. 10s 52w Pacific Gas & £l (2). 72 Pacific Lighting (3). 73 28 91 19% 441 40% 9 58 14 4% 52 264 15 4T% 17% 2% 37 14 20% 123 8314 55% 544 17% 88 30% 22% 142 424 2 k3 % 12 85 138% Pacific Tel &Tel (7). 5208 144% 138% 138% 11613 Pacific Tel & T pf(6). 108 1261 126'; 12613 15 51% Pan-Am Petrolm.... 50% Pan-Am Petm (B) 4% Panhandle P & R. 48% Param'nt Publix (4) 20% Park & Tilford (13) 215 Park Utah the Exchange (A) Mines. . s Motor Car. 264 Penick & Ford (1) 63 Penney (J C) (: 6% Penn Dixis Cement. 724s Penna R R (4) . 230 People’s Gas. Chi (8) 95 Pere Marq pf (5).... 94% Pere Marq pr pf (5). 24 Petrol Corp (1%)... 34% Phelps Dodge (3)... 50% Phila Co 6% pf (3).. 36 Phila Rap T pf (3%) 11% Phila Read C & 1. 8t Philip Morris (1 29% Phillips Petrm (n! 23 Pierce Petroleu 30'a Pillsbury Flour (2).. 42% Pirelll of Italy(3.14). 86 Pittsburgh Coal pf.. 17% Pittsbgh Screw 1.40. 36 Pittbgh Term Cpf... 20% Pittston Co (37%¢).. 25 Poor & Co (B) (2)... 59% P Rican Am To A(T). i2 P Rican Am To (B).. 97 Postal Tel & C pf(7) airie O1l & Gas(2) 4o Pipe L (16).. d Steel Car... & Gamble (2). 106% Pub Serv N J pf (6) 121 PubServNJ pf (7). 143 PubServNJ pf (8). 107% Pub Serv E&G pf(6). 70% Pullman Corp (4) 1% Punta Alegre Sugar. 214 PureOll (1%)... 110% Pure Ofl pf 66 Purity Bakeri, 34% Radio Corp. . 68 Radlo Corp (B! 19 Radio-Kelth-Orph A 33 Raybestos Man 2.60. 110% Reading Rwy (4) 43% Real Silk (5) ) Rem-Rand 2d pf(8). 97% Reo Motor Car (80c) 50% Republic Steel (4) 95 Republic Steel pt (6) 281 Reynolds Metls 2 40. 4 Reynolds Spring. . 70 Reynolds Tob A (3). 49" Reynolds Tob B (3). 19 Richfield Ol (3)...0s Packard Motor (1).. 365 16% 5! 61 764 3 282 2 9% 208 120 1 2 308 26 2 74 1 108 21 65 5 3 6 608 20 66 9914 25% 37 54t 331 101 14% 74 280 97% 99% 23%, 36 b4 33% 17% 15 6413 8 7 280 97% ~Prev.19%0— Stoek and Hish. Low. Dividend Rate. 16% Rio Grande O1l (2).. 43% Ritter Dent Mfg (13) 33 Rossia Insur (2.20). 49% Roy Dutch (a1.3415) . Sales— 33 2 1 22 33 Safeway (eB).. " way pf (6)...... 109% 105% Safeway Strs pf (7). 118% 104 St L-San Fran (8 St L-San Fran pf (§) 208 9% Seagrave (1.20) 79 Sears Roebuck($23%) 100 9% Second Natl Inv. 17 1% Seneca Copper. 7% Servel. Inc. “ese 20'% Sharon Steel H (2) 17 Sharp & Dohme..... 54 Sharp & Do pf (3%). 363 Shattuck(FG)(11%) 42% Shell Trad&Tr(ad7c) 21% Stnclair Con Ofl (2) 108 Sinclair Ol pf (8). 28% Skelly Ofl (2).. 9314 Skelly Oil pf(6) 515 Snider Packing. 23% Snider Packing pf. 9515 Solvay Am pf(5%).. 20 Sou Porto Sug (1.40) 56% Southern Cal Ed (2). 3'3 Sou Dalrles (B). 116 Southern Pacific (6). 101% Southern Rwy (8)... 97% Southern Rwy pf (5) 19% Spang-Chalfant. .. 92 Spang-Chal pf (6. 13% Sparks Withngtn(1 20% Spencer Kelg (1.60) 214 Spicer Mfg. POl 391 Spiccer Mfg pf (3)... 29% Splegel-May-S (3). 20% Stand Branas (1%). 1024 Stand G& E (3%). .. 64 Stand G & Epf (4). 110% Stand Gas&El pf (7). 915 Stand Invest Corp. .. 55'% Stand O of Cal (234). 98 Stand Ofl Exp pf(6). 3 35% Stand Oil of Kan (2) 18 58 Stand Oil of N J(12).1473 31% Stand Ofl N ¥ (1.60). 133 114 Stand Plate Glass 3 3 Stand Plate Glass pf. 20s 33 Starrett (LS) (12%) 1 10% Sterling Sec (A). 12 12 Sterling Sec pt( 8 36% Sterling Sec cv pf(3) 2 25% Stewart-Warner (1). 15 77 Stone & Webster (4). 170 25 5 150 81 Studebaker Corp (4). % Submarine Boat 53 Sun Oll (11) 105% 102! Sun Oil pf (6) 9% 5% Superior Ofl 29% 19 Superior Steel.. 157% 81 Sweets of Amer (1), 17% 81 Symington (A).. 15% Telaut Corp (11.30). 13 ‘Tenn Cop & Ch (1).. 50% Texas Corp (3)..... 54’ Tex Gulf Sulphur(4) 8% Texas PC&OIl..... 20% Thermoid Co (2). 7% Third Avenue. . 36'4 Thomp (J R) (3.60). 24% Thompson Prod(2.40° 11 Thompson Starrett.. 10 40 Thomp-Starpf (3%) 1 10% Tide Water As (60c). 151 78 Tide Water Aspf (6) 2 86'% Tide Water Ofl pf(5) 2 14% Timken Det Ax(80c). 4 64% Timken Roller (3) 2% Tobacco Product 7% Tobacco Products A. 16% Transcontl Oil (30¢). 12 Transue & W (1), 30% Trico Prod (2%). 11% Tri-Contl Corp. 894 Tri-Cntl Corp pf (6). 30% Truscon Stl (81.20). 15 Twin City Rap T(§4) 64% TwinCity RT pf (7) 70s 97% Und-Ell-Fischer (5). 66 10 Union Bag & Paper 2 75% Union Carbide (2.60) 324 41% Union Oil of Cal (32) 13 242% 215 Union Pacific (10). 12 6's 82% Union Pacifiopf (4). 3 43% Utd Alreraft........ b1 56 Utd Afrcraft pf (3).. 36 Utd Biscuit (1.60). 2 1 11 10 174 ~3 9 3 26 Utd Cigar Strs pf 30% Utd Corporation. 46% United Corp pf (3). 5% Utd Dyewood. . T Utd Electric Coal 86% Utd Fruit (4).. U 8 Hoftman (2)... 76% U 8 Alcohol (17). 15 US Leather (A). 77% U S Leather pr pf(7) 18 USPIpe & F (2).... 15% U S Pipe & F 1st 1.20. 59% U S Realty (5). 3 314 Util Pwr&Lt A (e2).. 52 313 Vadasco Sales Corp.. 49% Vanadium Btl (14).. 136 37% Vick Chemical (2%). 5 54 Va-Car Chem.... 16 1145 105% Va El & Pwr pf (7)..100s 14% 12 ValIron Coal & Coke. 1008 156 656 Vulcan Det (4)..... 2108 67% 41 Wal 80% 38% Warner Bros Plo 70% 36'4 War Bros P pf (2.20) 27 15% Wan 24% 13 Wei 36 21% Wei 30% 20% Western Pacific 531 403 Western Pacific pf... 219% 168% Western Union (8) 52 40 Westinghse 4 B (2 9 201% 140 Westinghse E&M (5) 552 48T 29% ton El Instr (1), 18 591 37 Westvaco Chlor (2). 43 31 White Motors (2)... 547, 361 White Rek MS(14%) 13% 7w White Sewing Mach. 21 11' Wilcox Oll & Gas. ... 26% 22 Wilcox Rich,Betfs2 11 6% Willys-Overland. ... 85 674 Willys-Over pf (1) 13 714 Wilson & Co (A) b4% 42 Wilson & Co pf. 72% 58% Woolworth (2.40). 169 67% Worth Pump. . B 93 78 Worth Pump(B) (6) 3% 67% Wrigley (Wm) (4).. 32% 12% Yellow Truck.. 1056 72 Yellow Truck p: 47 36% Youngs Spring (3 16% 5% Zenith Radio.. RIGHTS EXPIRE 22% 18% Am Tel & Tel.Aug 1 791 21% 20% Ches&Ohio......— 34 114 DuPont deN..July 15 90 June23 54 % Gamewell 1% Hackensk July 1 5208 1% % Phillips Pet..June 16 190 10:30 AM.. . 454,500 1:30 P.M. . 2305900 2:10 P.M Dividend rates ven in the above tabl payments based on the latest quarterly or half yearly decla: < Unit of trading less than 100 shares. {Partly extra. iPlus 4% in stock §Payable in scrip. TPlus 9% in stock. a Pald last yer uo regular rate. b Payable in stock d Pavable when earned. e Pay- able in cash or stock. fPlus 10% in stock. & Plus 8% in stock. h Plus 2% 1in stock. I Plus 8% in stock. k Plus 3% in stock. © Plus 3 bl 1% L 12:00 Noon 8% in stock. : IBOND PRIGES FIRM AFTER EARLY LOSS Market Becomes Steady at Noon—New Issues Are Small Today. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, June 11.—So far as the effect on bond trading today was con- cerned, first impressions of the an- nouncement from Paris that the $300.- 000,000 German reparations loan would be priced at 90 for 5'z per cent were depressing and during the first hour the list ged in most departments. Later, however, as volume fell off, prices recovered and by noon were showing & net advance. While the price of the German loan at 90 was considered low, in view of the fact that tentative subscriptions have been taken here at 91 and 92, the realization that the low price will clear the loan out of the way in short order proved reassuring. Another factor aiding the advance was the small total of other new cap- ital offerings, at around $10,000,000. Money rates were unchanged, Wwith funds in plentiful supply in both the call and time markets. h Once again, the feature of the high grade group was the activity in Liberty fourth 41s, which were 2/32 higher. Other points of strength in this group were Atchison general ds, Pacific 4'¢s, Union Pacific first ds, Philadelphia Co. 5s, Columbia Gas 58 and New York Telephone 4!;s. There were fractional declines in New York Central 4s, Pennsylvania 415s and Great Northern 7s. International Telephone & Telegraph 4155 led the stock privilege group down- ward again as stocks declined. Texas Corporation 5s, American Telephone 41,5 (1939) and Baltimore & Ohio con- vertible 41:5 were other active issues. Pathe Exchange 7s ran up over 4 points on heavy buying, presumably ofi Southern | C [ v o BONDS s s Received by Private Wire Direct to The Star Office UNITED STATES. (Sales are in $1.000.) Bales. High. Close. 43 10026 10024 10024 115 10230 102 _ 102 30 129 10219 10217 10217 1 10118 10118 10118 1 10824 10824 10824 61134 1134 1134 FOREIGN. . High. 99% 99% 2. 100 101 25 Argentine $s A.. Argentine 6s B. Australia 68’55 Australia 6s '57 Australia 4%s '56. . Austria 7s Bank of Chile 6% Bank of Ch! o Batavian Pet 4135, Belgium 6s. 9 16 105% 95% Brazil 6148 26, Brazil 614837, Con Pwr Japan 7s. . hagen 4% s '5” Copenhagen s rots 109% 108% 1081 9214 1014 10514 101% 101% 108 Danish Munic 8s A. Danish Munic 8s B. Denmark 4% Denmark 5%s Denmark 6s. , Dutch East Ind 47. Dutch East I 6362, El Salvador 8. retention of the old management at m the stockholders’ meeting. The issue is now selling about 40 points above its low of the year and only a few points below its peak price. National Dairy Products 5%s were again active and & shade higher. Other galners in the industrials were Armour of Delaware 515s and Phillips Petroleum 5;s. Junior bonds of the carriers fluctuat- ed erratically. St. Paul adjustments, . Denver & Rio Grande Western 5s, Frisco 4155, Southern Railway 4s and Boston & Maine 5s all gained. The election of O. P. Van Sweringen to the board of the Denver & Rio Grande Western brought buying into that road’s securities. Foreign dollar credits were quiet for the most part, though German bonds acted well in the light of reparations issue announcement. French and Bel- glum descriptions were off. Washington Stock Exchange SALES. Wash. Gas 55—$16,000 at 10214, $500 at 10235, $500 at 10215, Wash. Gas 6s A—$1,000 at 102. Capital Traction 55—$1,000 at 93, $1,000 at 93, $1,000 at 9314, $2,000 at 933, $1,000 at 9314, $500 at 93%. Wash. Gas 6s B—$100 at 103!3, $3,000 at 105. Capital Traction—10 at 66Y, 8 at 66, 2 at 66, 10 at 653 Pot. Elec. 6% pfd—5 at 11015, Pot. Elec. 515% pfd.—2 at 107. East Wash. Savings Bk.—10 at 25. Mergenthaler Linotype—10 at 100, 7 at 993, 4. Peoples Drug Str. pfd—10 at 106%, 2 at 105%. AFTER CALL. Wash. Gas 55—8500 at 10215. ‘Wash. Gas 6s A—$200 at 1014, Pot. Elec. 5%2% pfd.—30 at 107%, 25 at 107%. Pot. Elec. 6% Eld.—lfl at 1105, Mergenthaler Linotype—10 at 100. ‘Wash. Gas 6s B—$100 at 1035, UNLISTED DEPARTMENT. Park Savings Bank—10 at 72. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Amer. Tel. & Poi. R. R & Pot. guar. C. & P. Tel. of Va. 58 Capital Traction K. R. & Suburban bs Gearsetown 15t 8s otomac Elec. cons. 5% Potomac Elec. 65 1953 Wash., Alex. & Mt. Ver. : Rwr. & Eiec. : MISCELLANEOUS. W. . Cold Storai Wash. Cons. Title 6s..... . STOCKS. PUBLIC UTILITY. 1 Traction Co. Wash. Gas Light Co. (18) Steamboat (d12). t 1ts wi. , Balio. & A ) Balto. & Annap. pfd.. NATIONAL BANK. ital (14). . ond _(9e) Washington (13). TRUST COMPANY. American Sec, & Trust (15)... Continental Trust (8) ... Merchants' Bank_& Trust (6) National Sav. & Trust (12¢ Prince Georges Bk. & Tri Union Trust (8g)..... . Wash. Loan & Trust (14" BAVINGS BANK. Bank of Bethesda (6§) Commerce & Savings (1 East Washington (12 nf United States (30) Washington Mechanies’ (30). FIRE INSURANCE. 3 Firemen (8) National Union {i8): TITLE INSURANCE. Columbia_ (6h) Real Estate (6h i Title & Inv. Co. of Md. com... MISCELLANEOUS. Barber & Ross, Inc. Chevy Ch. Dairy pf d & Gravel pfd. T M: a, - . com fd. Inv. pfd pfd. (8'3) Fst. M. & G. pfd. (8) . Security Storage (de).. Ter. Ref. & Wh. Corp. The Carpel Corp. (1.50) Jash” Mech, Mige, com. (8) ash. Med. Bldg. Corp. " .. Woodward & Loth. bhd. (1) 1% extra. el extra. 8% extra. . POTATO MARKET. CHICAGO, June 11 (A.—(United States Department of Agriculture).— Potatoes, 92 cars new; 2 cars old; on track, 399 cars new; 11 old; total United States shipments, 527 cars; new stock steady in barrels; barely steady on sacks: firmer undertone; trading fair; Southern sacked Bliss Triumphs, 3.00a 3.35; few best, 3.50; No. 1, 1.75a2.00; North Carolina barrel Irish Cobblers, 5.2585.50, German Bank 6s'3.. German EI P 6%s. . Ger Gen Flea 78 Hungary 74%s, Irish Free State 6s. Italy 7s. . itallan Pub Sve 7s.. Japanese 5% s '65 Japanese 615 Jugoslavia Bank Lyons 6s. Karstadt 63 "4 Kreuger&Toll 65 ct Marsetlle Milan 6% Montevi New So Wales 58 Nord 6%s Norway 63’63 Norway 5i4s. Norway 6s ‘44 Norway 6%s '52. Orfent dq Orifent De Par 103% 91 101'% 84, 10534 Peru 63 '60. Peru 6361, Peru 7s. Poland 68 *40. ... Poland 7s (rets). ... Poland 8 Pragu R'y’l Dutch 4% sww Saxon (PW) 7s, Sao Paulo 50, Serbs-Crot-Slo Soissons Swiss 648’46 Swiss Confed Toho El Pwr Tokio 538 *61 Utd Kingm 5%8'37 30 Uruguay 6s°60. Yokohami 104% 5 964 . 8 964% MISCELLANEOU! Abitibl P&P 58 °63.. 27 5 Abram&Straus 5%s 1 Adams Exp 4s'48.. Alleghany Cp bi Alleghany 6s Allis Chalm 65 °3' Am Chain 61 '33. Am Beet Sugar Am For Pwr b AmIGChb5%s'49 Am Int Cor 53 Am Metal § Am Nat Ga: Am Smit & R Am Sugar Re Am T&T cvé % 8’39 Am T&T 68 '65. 8414 1011 85 o natoo 107% 101% 823 0% 89% 90 84K 834 Edu 107% 106% 1074% 103% 103% 103% 103y 1034 103% 45 45 964 961 3 1024 107% 101% Am Wrtg Pa 6347, 811 Armour&Co 4% s'39 Armour, Del.5%s. . Bell Tel Pa s (C) Bethlehm Stl pm 68 Beth Steel rf 58 Certn-Td 6% s rets. Chile Copper bs. .. . Col G&EI 5s,May'5211 Com Invest 5% Com Invest 6s * B moaR vR® 4 49 53 Det Edison 5s *40. .. Det Edison 6s. Dodg Gen Cable 5%s '47. Gen Mot Ae Cor 6; Gen Pub Sved%s. . Gen Thea Eq Gen Thea Eq 65 "44. Goodrich 6% Goodyer bs rets. Hoe & Co 61;s. Humble O & R 6 Humble O & R 6348 111 Bell Tel 6a. 111 Steel 438 °40. . . Inland Steel 43 *78 Intl Cement 53 48 Intl Match 63 *47. Intl Mer Mar Intl Paper 58 99% 4 102% 10014 974 109% 106% 93% 79 i 101% 101% 104% 99% 948 % 100% 99% 100t 8% 937 91% 117 98% 104% 106% B2 103 101% 102% 1034 831 & T Intl TET 43%scv. Int] Tel&Te Kan City P & Lt & Kan G & E 6s '53. Kendall 5% Lackawanna Stl §s. Laclede Gas b Laclede 5% s ‘63 Laclede 6348 D" Lautaro Nitrat Ligg&Myers 6, i 100 1061 1064 110% 110% 103% 103% 101 103 01t 101t 101% 105% 106% 103% 10215 1024 1024 1024 1024 1024 North Am Ed 6s. .. Nor Ohlo Tr&L Nor States Pwr Pressed Stl Car 58 Pub Sve G 4% Pub Serv G 4%s Pure Ol 5%s 37... Punta Alegre 7s Rem Arms 65°37... Rem Rand 63%s war Richfield Oil 63 "44. Stnclair O11 Stnclair Of Sinclair O11 7s. Sinclair Crude 5%s Skelly Ofl 6%s. ... Solvay Amer s South Bell Tel 5, Southwest B Stand OfL. NJ *46. .. Stnd O1l. N Y.4%s Tenn Cop 63 B '44. . Tenn El Pwr 6847, Tex Corp cv bs Transcontl O1l 6 United Drug 6 U S Rub 1st rf Utilities Pwr 5%s. Vertientes Sug 7s.. Walworth 6s 45 Warner Sug 78 "41.. Westn Union 65’6 Westn Union 6%s. White Sew Maci Wickw-Spen cv s War Quin 6s°39. ... Willys-Ov 63833, Wilson & Co 1st 6s. Win RepeatAr 738 Youngstn S &T bs. . Atchison adj 4s Atchison gen Atchdeb 4 Bang&Aroos 4 Boston & Mat! Bklyn Elev 6% Bklyn Manhat 6 Bklyn Un El 58 '50. Brdway&7th Av s, Can Nat 4%s '57. Nor 4 Can Nor 6% Can Norther: Can Pac deb Can Pac 4%s"46. Cent of Ga 6sC 59 Centof Ga 5%4s.... Central Pacific 4s. . Cent Pac 1st 58 '90. Ches&Ohio Corp 5s. Ches & O 4%5°93 A Ches & O 435 B 95 Ches & Ohio con bs. Chi & Alt3s. .. C B& Qgen 4s C B&Q 11l div 4s. Chi & E 111 gn 63 51, Chi Gr West 4s Chi M&StP 4% s '89 ChIMiIStP&P 65'75. CMSP&Pac adj5s03 Chi& NW con 4% s. Chi & Nw 6%s Chi Rk Isl 4%4s A ChiRIcv4lssé0 Chicago T H bs. C & W Ind con 4 C& W Ind 6%s . Clev Term 4%s'17. Clev Term 6 CubaRR 7T Cuba Nor 5%s reta. Del & Hud 1st rf d4s. Del & Hud 6% Den & Rio G ci Den&RG W s Des M&F'D 4s ctfs. Det United 4%s5.... Fla East C 6874, Gr Trunk st deb 6; .24 98y Bales. High. Low. Close. 102% 102% 102% 100% 104 100% 100% 103 103% 96 96 95Y% 5% T 98% 984 9815 98% 99% 99% 3¢ 34 26 96 98% 98% 93 93 100% 100% 100% 102% 1021 102% 103% 103% 103% 100% 100% 100% 9614 964 96% 9715 97w 9Tl 103% 103% 103% 105 105 10315 103 103% 98 97w 98 100% 100% 100% 106% 106% 106% 104% 103% 10:% 102% 102 102% M 9TU 9TH 85 84w 86 100% 100% 100% 101 101 101 91 90% 91 51 51 51 1% 91% 9% 109% 1024 1024 1041 1041 104% 103% 103% 103% 109% 109 109 73 73 25 25 89% 89% 89% 100 79% 100 101% 101 101% 103 103 103 102% 102 102 RAILROAD. 2 90% 65 94% 6 130 5314 94% 911y 99% 935, 9015 90 94K 94% 20 1 5314 534% 94% 94% 9ln 915 99% 994 9315 93% . 11 100% 100% 100% 44 1024 101% 1017% 1 104'; 104% 10415 4 103' 103% 103% 12 103% 103% 103% 10 109% 109% 109% 18 103'% 10314 103% 2 87 86% 87 1 88w 88% 88y 119 100% 100 100% 1 92 92 92 981, 98% 102% 1 1% 17 2 95% 95% 954 7 102 101% 102 16 1023 101% 102 6 99% 997 99% 5 116% 1161 116% 3 110% 110% 110% 14 88 875 8 5 99% 99% 99% 26 102} 102': 102" 82 102% 10215 102% 5 100% 100% 100% 1 105% 105% 1054 1 93% 93y 93y 1104 104 104 17 10012 100 1004 7 984 98 984 157 98% 98% 984 1 103% 103% 1 3 68T 687 49 103 2 17% 44 29 128 53 101% 101 5 109% 109 1 2 80 80 091 901 3 95% 185 100% 100 5 954 954 954 9 98% 89% 89% 1 10415 1043 104% 1L 99 99 99w 5 105 88 88 1 62% 62% 62% 30 93u 93 93% 8 1054 105 105% 96U 96 96 9T% 96 9514 100 974 92% 25 9 874 24 82 943 94% 94%A 51% 51% 8 106% 105% 105% . 13 110% 110% 1104 Gt Nor 4%8 '76( Gt Nor 4345 E wi, Great Nor gen 7s... Hocking Val 4%, Il Cent 4%s o Int Rapid Trans bs. Int Rap Tr 55 stpd. Int Raptd Trans 6s. Towa Central ref 48 I11 Cent 4s '62 111 Cent Chi 43 Iowa Cent 1st 5. Kan City Term Kan City Sou 6. Lake Shore 43 31 Leht Val con 4s. . Leh Valley 58 '20. Long Islrf 4s.49. .. ManRy 1st 45°90. Market St 7s *40 Mo Pacific 5s A Mo Pac 68 F 117, Mo Pac 63 G '78. Mo Pac 53849 Mont Trm ref 55'41. Nassau EI 43 ‘61 N O Tex & M 5s(A) NYT&M6% Y Cen gen 3 N Y Cent 4398 Cen deb 48 40 NH&H 334856, Z2 ;: = > ' NH&H ov db 6 Railway 6 Y Ont & W 1st 48 NYW&B% Norf & Wn con 4: Nor Pacifio 3s 2027 Nor Pacific 4a. .. Nor Pacific 6s (D) Nor Pacific Ore Short L con 6s. Ore Wash istds. .. 2272222222222 LALLLZ g kS Philippine RR P C C&StL s B'76. Port EI P L & G Port RL & P 53 '30. 104 104 104 101% 101% 1014 % B Paramount 2 Pathe Exohange 78114 n 4l A col4s.. . 10 1 97% 978 9i% 10 97w 97K 97w 71 111% 110% 111% 199 99 99 24 81% 81 81 17 99% 98% 9% 3 0315 931 931 32 100% 100% 100% 19 661 65% 21 66 27 54 10 650 66 54 7 9114 9814 9114 984 29% 29% 10 92 91% 92 1 101% 101% 101% 5100 100 100 1 89% 898, 893 10913 110 91 91 95% 96 50% 50% 928, 928 101 101 1% 114 80% 907 11014 1014 1014 1 88% 88 8% 8% 1027 1027 9 19 78% 78y 9 101 100t 101 30 100% 100% 100% 11 1007 100% 1007% 71 108% 1081 10814 2 9s% 98% 98% 2 52% 52% b2% 5 99 99 99 5 101% 101% 1011 12 81 80% 81 5 924 921 9215 12 981 981 981, 38 997 99% 99y 24 1071 107T% 1071 1 106t 106t 1061 5 79% 179 79y 5 96% 964 96% 4 100 100 100 24 97H 974 97H 3 107% 10T% 107% 12 101% 101% 101% 6 1025 2 1 9 12 80% 80u SR04 93% 93 934 24 1241 12415 124% 11 4w & 4% 5215 521 BRly BR% 9315 93% 657 657 oLty 91l 2 1054 105% 1051 9 113% 113% W3l 1 104% 1043 1043 9 91y 91 9l 36 06N 964 96% 13 1011 1014 101% 48 993 901, 99% 28 100% 1008 100% 5 10814 10815 1081 1 103% 103% 103% 8 109% 109% 109% R8N 88 88% a0t 91 5 98 98k 104% 104% 104% 28 28 28 8 50% 109 5 100t 5 100 6 99 2 8 109 109 994, 995 100 100 99%, 99%, B4% 84M - 10214 | 3 Washington Produce Butter—One-pound prints, 38!3a394; tub, 36a37. Eggs—Hennery, 24a25; ceipts, 23. Poultry, alive—Spring broilers, large, 38a40; small, 32a35; Leghorns, 25a28; fowls, 23a24; Leghorn fowls. 17a18; ducks, 15a18; geese, 15; capons, large, 35a37; small, 30a33. Dressed—Spring chickens, large, 45a48; small, 40a42; fowls, 27a28; capons, large, 40a42; small, 30a33; ducks, 24a25. Meats, fresh killed—Beef, 20a23: veal, 20a22; lambs,.25a28; pork loins, 28a32 fresh hams, 25a27 22 current re- shoulders, , in packages, 13; in Live stock—Calves, lambs, 8a10? Fruits—Apples, box stock, 3.25; oranges, California, 8.00a8.50; lemons, 850; pineapples, 3.50a4.00; watermelons. 1.00a1.50; umbos, 4 008 ponys. 2.75 standards, 3.5024.00, strawberries, 3.00a4.50 huckleberries, ' 5.00a9.00; blackberries, 3.00a4.50. Vegetables—Potatoes, new, 5.00a535: old, 150-pound sacks, 4.50; 120-pound sacks, 3.50a4.00; asparagus, 1.004.00; caulifiower, 2.75; lima beans, 6.00: , 1.00; cabbage, 50c bushel basket; peppers, 4.00; squash, 1.00a1.50; tomatoes, 2.00a2.50; beets, 4.00a6.00 per, 100 bunches, carrots, 3.0086.00 per 100" bunches; spinach, 1.15a2.00; Kale, 1.00a 1.25; corn, 3.00; caulifiower, 2.00. 8a10'3; Spring honeydew 7543.00 Corporation News NEW YORK, June 11.—The following is today's summary of important corpor ation news prepared by Standard Sta- tistics Co., Inc, New York, for the Associated Press! News Trend. Steel activity witnessed a further slight recession in the past week. Operations 1n the industry as a whole averaged about 71 per cent of capacity against a shade above 71 per cent in the previous week. In the like week of 1929 average was about 97 per cent and in 1928 slightly under 76 per cent. The United States Steel Corpor ation maintained its rate at 75 per cent, but independent rate declined to about 67 per cent from 67!3 per cent a week Railroad freight car loadings for the week of May 31 were the lowest for the period since 1922. Total of 860,249 cars was 71,223 below the preceding week, due chiefly to the Decoration day holi- day and the fact that the following day, in many instances, was observed as & holiday. Compared with 1929 week de- crease was 112,575 cars, while against 1928 period reduction was 74,424. All districts reported decreases compared vith 1920, while all except the Pocahon. gion' reported reducti with 1928 period. W Outstanding in corporation news fs the large number of unfavorable divic dend announcements. Reduction in quarterly rates was made by John R, Thompson, Newton Steel and Conti- nental Diamond Fiber, while omission yments was annotnc and ‘American Seating. T ) CFIotex The Companies, American Seating passed 50-cent quarterly dividend on common stock dufiulz "::fls time. lantic Refining acquires Tarza: | Co. of Rochester, N. ‘g. ot Canada Power & Paper to absorb An- glo-Canadian Pulp & Paper Mills through exchange of 2!; shares Can- ada Power & Paper stock for 1 share Anglo-Canadian ordinary stock. Chicago, Milwaukee, St. Paul & Pa- cific Railway May groes off 15.7 per cent; net down 60 per cent. b Continental Diamond Fiber declared quarterly dividend of 50 cents; last payment 75 cents. Celotex Co. passes quarterly dividend of 75 cents on common stock due July 1. Diamond Shoe May sales up 18.7 per cent; five months, 17.5 per cent above e e tori 1 eneral Refractories propose incres capital stock from 300.‘(’)00":) par lh.m“m‘ to 600,000 shares. Additional securities for acquisitions from time to time. F. W. Grand 5-10-25 Cent Stores, Inc., May sales up 9 per cent; five months, 10.2 per cent above year ago. Great Atlantic & Pacific Tea May sales up 7.8 per cent; five months, 8.1 Pper_cent above year ago. Gillette Safety Razor introduces de lui: line retailing from $5 to $75 eac! ?L iy ;\ew de luxe blade selling at §: or 10. Hamburg-American Line awarded $38,-, 801,000 by war claim arbiter for vessels' seized during World War. International Nickel of Canada pro- increasing common stock to 15,- 000,000 shares from 19,928,594. Rights to purchase 6 new shares for each 100 held at $20 share to be offered stock- holders. Proceeds for completion of expansion program. International Silver obtains new Waldorf-Astoria Hotel silver contract; initial order calls for over 100,000 pieces. Isaac Silver & Bros. Co., Inc., May sales up 26.2; five months, 2°.3 per cent above year ago. Jonas & Naumburg omits preferred dividend of 75 cents, due July 1. Lucky Tiger Combination Gold Min= ing declares dividend of 10 cents on common stock; last payment, 212 cents, November 20. MacMarr Stores May sales up 105 per cent; 5 months, 8.9 per cent above year ago. Newton Steele declares quarterly divi- dend of 50 cents on common; cost pay=- ment, 75 cents. North German Lloyd awarded $27,- 311,000 by war claim arbiter for vesse! seized during World War. Sally Frocks May sales up 5.2 per cent; 5 months, 49.4 per cent above year ago. Singer Manufacturing declares ex- tra and regular quarterly dividends of $2.50 each; last extra, $4.50, March 31. Nathan Strauss, Inc., May sales up 345 per cent; 5 months, 27.5 per cent above year ago. John R. Thompson Co. declares qua: terly dividend of 75 cents on common cost payment, 90 cents. United Electric Coal earned 99 cents on common stock in 9 months to Aprily 30, against $2.17 in pervious like period. ‘Westinghouse Electric & Manufactur- ing makes patent licensing arrangement with English Electric Co., Ltd. of Lon- to acquire minority interest in Sajes. RIArk& L 4%s... 33 StLIMG&SSs StL IM&S R&G ¢ StL&SFpl4sA... SIL&SF 4%s StL & SanFr in Bs. . St LS W con 4833 StLS W 68°52..... StP & KCShL ¢%s StP Un Dep 6s..... 1 Seaboard AL ref s 994 100% 98 Low Close 98% 9% 100% 1008 98 Sou Pac ref Sou Pac 4% rc Sou Pac 4%5'69 ww Sou Rwy 6348, Texas & Pac 1st. Tex & Pac 5s B17. Tex & Pac 68 C*7: 109% 10215 1023 Ulster & Del ¢s '53. Union Pac 1st 4s. Union Pao ¢ Un Pac 1st ref & Union Pac 4% Virginia Ry 1st § Va Ry & Pwi Wabash 4%8'78 ret Wabash 1st Wabash 6s ‘76 B. Western Md 4, West Ma 538 11, West Pacific 5 West Shore ¢s 61, Wis Cen gn 48 ¢9.., 558 one S v=Saa nficuna ponED RN