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INANCIAL THE EVENING STORAGE COMPANY [T NEW YORK STOCK EXCHANGE - ||BONDS ARE LOWER | [orev vore BONDS o excaser] 1S, CERTIFICATES Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office Prev.1030 Stock and ates— Prev. | 57 47% Reading 2d pf (2)... 9 49 Lib3% 10027 10025 10027 | North Am d bs... x 103% 103% 103% Hich. Low. Dividend Rate. Add 00 High. Low. Close.Close.| 647 431 Real Silk (5).. 3 ; b tese%a.. 13 10131 10130 10130 | No Am 54 8348 62, 20 103% 103%s 103% s 24% Kayser Julius . 2! 7 o 2 .3 5 lem Ran 3 - 2 TR 22 101 101 22 or States Pwr 19 102% 2 Morgan Named on Board.| 50" & Keith-albec:opteny. 2 106 1051037105 | 102 95 " Rem-Rand 24 pt(8)." 408 arket Declines as German e are 10h 2% 10612 | Nor States Pwr s, '3 103% 106% 10.% 5 1 Kelly-Spring Tir 4 4% 4% 4w 14% 9% Reo Motor Car (80c) 18 9 : U8 ecoes 2. 1 10827 10820 10820 | pactn & 2 102% 102% 102% H b D. C. Retail Sales Show T e ey fo 30 30| o8 95 Republie Steel pr (6) ; Reparations Issue Is USe%ssz.. 21134 1134 1134 PrcT AT st bn s 16 103" 108 101 Larger Bids From Indi oz - < 6 219 .4 1 g 2 s Pan Amer Pete6s.. 1101 104 104 : s % 41% Kennecott Cop (3). .. 31c 44| 3% 281 Reynolds Metls 2.40, 2 EIGN. : ‘ vestors. Gain in May. 59 49 Kimberly-Clark(13). 52% 5 525 Ban 4 Reynolds Spring.... Offered Public. Fo"m.- High. Low. Close. ;':::.TE‘;::.‘,. S ol gl i vidualInve 4 20 Kinney (G R) (1) 381 3R i 38% 70 Reynolds Tob A (3). 3 734 3 LA ST Argentine@sJusy 1 994 90 99 |paths SECRANS 9 100% 100% 100% - TR — 1% Kolster Redio. . 3% 3 3% 49 Reynolds Tob B (3). 109 § 15 09% 98% 99y . EY EDWARD . STONE. ! 2814 Kraft PRCh (14,0 514 : 19 Richfield Oll (2).... 43 BY F. H. RICHARDSON. Pt At Wt LT LT LT S i ey W X € e e '\ v Kresge(SS)Co(1.60) 19 29 9 2 16 Rio Grande Oll (2).. 9 “ fne 514862 3 a3 ° 1 25 More individuals than were expected Charles Careoll Morgan, ofie of the| @ 7% Kresge Dept Stores | 321, Rossla Ittsur ¢2.20).. 15 33 Speclal Disvaich to The Star. ydhihe 95/, s gon | SeRALTA EE YN, L 9061 B0 - 08 1] fin aubloriplions. e the new. $400.- comanagers 61 the Washington offi 2l 45 Kresge Dept Store pf 5 : 49% Roy Dutch (al.3415). 34 5 4] NEW YORK, June 12—At:a. Hme| TF0 9 9xa, 08Y ,.:,’,,’;w};,i‘:." gL § Ditaatiy crtinca ot G. M. Murphy & Co, New York| 52 A Ioaig s A OLAL B0 i 83 Safeway (e5)....... 36 90% B 911i [ when the bond market Was gOINE 1) ugtra) 4 RO% F0% | Pub Serv G 438 T o v e b bR Muyy & Oulor et * Kroger Gr&Hakenl). 80 Batear DL B). 708 99 98% | through m test on its own account|Anstralis § HE ] et el % 4" |indebtedness. This indicates, according cz Exchange brokers, has been elect- | g Lago Ofl & Trans... 2 3 3 109% 105% Safeway Strs pf (7). 108 109 hro he offert f the $98,250,000 | Australia 68 °57.. 9 R 8 i i to Treasury officials, that there are a € to the board of 1 8114 Lambert Co (8) : 118% 104 St L-San Kran (8)... ; 12 103 Shrough. Shie: ofletg; of tlie AN 2801 B 104 J0g| R Ianai n mar 4 s et v . 3 101 92 StL-San Franpf() 3 " German government International 51 |Austria?s. . 4 Richfield Ofl §s'44. 2 931 931 9315 |large number of Americans Who have - Bank of Chile 6135, 9 % 95% | ginciatr O11 68 7 100% 100% 100' | idle money, which they are willing to 32% 32% 32 5 31% 23 Savage Arms (2). i13 2 2 per cent bonds at 90, it had to bear 97 EIP IV 13 4% Schulte Retail Strs 4 an additional load today with heavy | BaTK of Chile 6% - a7% | stnciatr ot1 6% 10 105 102% 103 | tie up for & year, the life of the certifi- " " " 7 - 7 7 Batavian Pet 4% ] 9u 9w 9 3 % T1% “ 134 /s Seaboard Alr Line 4 4| forged liquidation resulting from the Stoclair O1 7s. 5 102 103% 104 80% 84 79% 1% 9% Seagrave (e1.20).... 3 4 104 10 | shide In stocks. The r sult was & weak B limeiin Toa 108 ¢| Sinclair Crude §i4s 32 100% 100% 100% :a::. Koia fastithat Atesh Hivestoen di% o et gt e Elon e et b g | ke witlt anly; s sFinkling; of SR nerg rmauiks 6 113 110% 1124 :L’:’I;“B:h: 15 o 90::,: o6 dist nt;“I o;r dmrn:s:t the moment ,,‘ Second Natl fnv. ( 0 10 or strong issucs. tselt. might | BEIEIm 7556 osibmasone | SEIEO e oL a8, SEGAEIE 0K | sl o o000 ons ; « Seneca Copp 1 ! he_Young-plan loan in itselt might | g2 =0 42 © 1095 109% $ b - 1 3 |and are willing to accept a small rate 77 Servel. Ire. 5 9 have been easily absorbed because of | gofvar 75 58 78 qg | Soutb Bell Tel & 2 10315 103% 103% | of jngerest in return for absolute safety 201 Sharon Steel H (2) .+ s 23% 2 its_attractive price, with money rates|pojver [ B8 oo+ 74 74y | Seuthwest Bell Ss.. 3 105 105 105 |anq Jiquidity. If business and industry 17 Sharp & Dohme. ... N 9 | still clinging closely to their low range. | poy oo o0 K o1 gt | Mnd ORS¢ 11 1083 108 1034 | 3ng stock prices improve, the investors 2 : 54 Sharp& Dopf (3%).. 5 & But the collapse of stock prices proved | prayi g1, s 25 5 s3y g4y |SwPAOIL N Y.4iks. 6 98 975 98 | o, get the cash readily from these se- Marsh, Charles P. 95% 42' Loew's. Ino (3).. 36% Shattuck(FG)(t1%) ‘4l 0 too much for the bond market. Rrazil 615827 a1 g4 |SuREsOrient7s... 1 42 42 42 |oyrities, If the opposite is the casc, Stone, H. Ran- 2 £4 Loew's pfxw (6%) 42% Shell Trad&Tr(ad7c) 1308 5 5 5 At the opening the new German 10an | grasi) 7a..... atx 91% 911 |Tenn Cop 6s B'44.. 1 100% 100% 100% | their funds are safe. dolph’ Barbee, D Bt LoftIne......oo.l ] 4 19% Shell Union (1.40)... 45 sold s high as 1's points premium, | prasi ... 1011 101t 1013 | Tenn E1 Pwr 65°47. 7 106% 106 106% Bank Subsceiptions. P. Gaillard, Henry k 50t Toose-Wilex (1380). 25 64 i 64 63%| 106% 97% Shell UnOfl pf (5%) 99 9 § 99| 'but it was later thrown onto the mar-| Rremen State7e. . '3 103 1027 103 | Tex Corp ov6s44.. 85 104k 103% 103% o P. Irwin, C. Grif- 164 Lorillard (P) Co.... 2074 201 5 8% Shubert T ket in large blocks and the premium Transcontl Oll 6%s 8 102 102 102 Despite this rush of individual in. i Warfield 2 % Loulsiana Ofl..... . 81 [ % 307 Simmons Co (3) 5 3 was 'cut in half, The offering syndi- | GAnada fa’a1. 101 100% 101 | oyoq Drug snss. 20 974 96% oy | SCStors, the large part of the ‘issue Danjel L. Bordon. ‘ g 384 Lou G & E1(A) (%) 39 39 3 37 21l Simms Petrm ( 9 22l 2 21% | cate is one of the largest ever formed g;:!'ad: 52 G . 2106 105 108 USRubIstrfbs.., 5 85% 85 85% which has been oversubscribed more 128 Louls & Nash (7) 3 134 136 32 1% Sinclair Con Ofl (2).. 240 in the United States and covers every | Chil= 6s'60. RO% 89 R9K 3 | than three times. has been takea by the Cu ek et 25 Ludlum Steel (2) 2 30y 28% 29% prd % Skelly Of1 (2). 55 3 3 e by N Eoky | Chile s v61 9 901 ©0w 90 |US Rubber Tis... 17 1008 100% 100% | paps The banks have a large volume | it g active 60 Mc Crory (B) (2) 5T% 5% $9% 9315 Skelly Oil pf(6). 8 934 93 e %p:‘n“(‘:l e ices ot b, | Chile Ta 43 101% 10135 101% 3:;'1'11':“:;';(:\4 Ll bt 19s | of funds for such investments. 1In the in the brokerage business for several 14% Mcintyre Pore M(1). < 184 19 8 4 Snider Packing. 1 Morgan & Co. until noon. It was then | hinese Goy Ry Ss. Batw 26w 2% * | fixst placesthefe s & lack: of borrowers, vears. He was in e of the hond 61 McKeespt T P1(15).. 80 118 951 Solvay Am pf(6%).. 6 announced that there had been a heavy | O ristiana 6's. : 101% 1011 101% | VertientesSug7s.. 5 b1 51 51 jsince business men are in a waiting department of John L. Bdwaris & Co McKesson & Kob (2) 3y, 221, 22% 23% | 30% 20 Sou Porto Sug (1.40). “~" 9 oversubscription. One feature of its r:{,‘;’;‘:‘r‘;' h"'/ 61 6% 6% 781 | walworth 65 45. 2 91% 91 9 mood. In the second place the banks at the time that firm was acquired by . McLellan Stores. ... 13 181 14% ’22.,', guul’l;" “gfiés "'z>‘< 5",: OF 08 108 | distribution was the large participa- mve"m“'"v:{"_'_r‘ lggl‘z ‘22‘; lgg Warn Bros P .108 108 are much more chary of making loans G. M. P. Murphy & Co.. becoming af- ' Mack Trucks (6). 654 65% 7 6% Southern . 2% tion of banks. ety 9215 9214 92 tern Elec §s... 14 104 than they were a year ago. i linted with o New Vork brokethgs | Macy (RH)&Co(nt3) 12413 128 125 | 122 116 Southern Pacific (6). 18 % 117 Prime bonds were ragged. The lib- | CODSTRAEen Bsrcts 3 O%% 9% 08K | Westn Union bs's1. 3 108 These conditions account for the in- house at that time. He is a former 10 Madison $a G (1%). ¢ 13w 1an 13k | o 5o i 3 .| oy Ls::luns‘wdcre actively higher, put in z L e Wt lénk‘vr‘l:*;‘“ $109 108 uq»gy fl:flfi:‘:néffl\zll;:dwreldc‘r:c;‘);:trre:::bwd;wu resi t of the Washington Bond :+ 32« Magma Copper (5).. 3 341% 4% 3 1 a0 s - : - . e rails, industrials and public utili- | &, i - gl g vs-Qv 833, 2 % 997 velax 2 S it i B o o 6% Mallison & Co. ; 10° 10% 1low| 135% 90 SouRyM&Oct(H). 110 i e R el s iy Crecho 85 '52 3109 108% 109% | Wilson & Co 1st 6s. 3 100% 10012 100% | per cent was received. It is felt in f- and is now on the board of governors. 15% Manat) Sugar pf.... 22 2 28y A Spalding (A G) (2).. 3 2 There were declines in Canadian Na- | Denmark 415 a214 023 97% | Win RepeatAr 7148 1 103 103 103 |nancial circles that in the present st i s i .+ Man Fiec Supply. 1% 1 11 l,“ :m"f-cw"r'gl"h il 5 3 tional 5s, Canadian Pacifis 4s, Great|enmark 5its 55 101% 101% 101% | Youngstn S &T 5a.. 21 1024 102 102 | Of affairs news of a rediscount rate cut Local Sales Up 2.9 Per Cent in May. 2 204 Man Elev mod § (d5), 18 : 27w 274 29% | 4 Sparks Withngtn(1). i 0% | Northern 7s, American Telephone 5',s, | Penmark 6« > 1071 1054 10314 amounts to little. If borrowers wanted . f # Man Shirt (2 15 15 15 6 Spear&co % | Standard Ofl of New Jersey 5s. Philas | D F T5145.N 10214 10315 103% RAILROAD. to inaugurate programs of expansion, mRa{n{Il T::lr'.;1n1|‘lm“t:l‘r\}>a(!3‘plzi;U'H‘-; 14 Maracaibo Ofl EXD. o 5% B4 6w | 25 20% Spencer Kelg (1. 2 2 z 2 delphia Co. 5s, Utilities };t;‘;’"'& ng:\z Dutch East In@ 47. 5 101% 101% 101% [ Ann Arbor 4s. 3 82 82 82 [the rate would not stop them even if ek gr;,“.-n;‘m““‘~,‘m r&mmmr:g 397« Marlin-Rock (t4%).. 2 39% 39% 39% 40 8 20% 23‘:‘;'{17:;, 85 o 2 5755 and American & Forelgn Power 5s. | DUtch East T 6s 62 102 101% 102 |A T&SFev4s2005. 5 92 - 92 92 |it were far higher than at present in month in 1929, according to a Teport| 53 Msihun Mutheha)s 13% 134 4% ¢ M Boiesel-Mpy-8(3) 394 | Convertibles, of course, followed stocks | Finland sf6s'4s... 5 94 931 03y |Atchisonadjds.... 9 90% 901 901 |the Reserve district. t just made by the Federal Reserve 2" :m;;"“ F;‘f:fu‘xz:?)) ::. :.‘. :f: 4 20% Stand Branas (1%) into new low ground for the current | Finland 7s 100 1004 100% | Atchison gen 4; 21 94% 94% 94% | The oversubscription o(xme Trofx;Rva.‘ ¢ 5 : 374 01 " = vemes Yy 129 e r A vas 2 Board. For the first five. months of 478 May Dept Strs (n2) 9 4815 481 48% | 129% 102) Stand G&E (3%) : e S ::f:‘:::hxll?x.n: 12 o e s I;u: :’fi':englnz‘::rfl‘r::msfiocklx::kgt “was the present year they were off 4-10 of | 61 M 2) 6 67 64 Stand G&EDf (4).. Junior rails were heavily sold, losses S A 1175 1178 117% . . o prose 3 164 Maytag Co (12).. 16% 16% 1e%) 61 64 g L y resulting in St. Paul adjustments, which | French 7%s. . 120% 1224 122% [ AtIC L 4%s 22 99% 99% 994 |in the depths and cautious investors et = 4 Maytag Co pf (3). 304 304 -301 | 100% _ Stand Gas& Kl pt(6). i vent . > ) Ger 545" 2 At] Coast Lin, 12 91% 91% 914 | were apprehensive. It also was a bril- For the Richmond Rescrve district as 76 Maytag Co 1t pf (6 7912 7913 80 | 113'% 110% Stand Gas&El pf (7). : 314 | went to a new low; St. Paul 5s, Erie 5s, | Ger 5les 91% 90% 90%| 41 g Dan 1st4s'43. 1 65 65 65 |liant piece of strategy on the part of & whole retail sales were up 3 per cent| 4o~ 261, Melville Shoe (2). % 35% 3615 36 75 555 Stand O of Cal (2%). 5 9 Missouri-Pacific 5;s, Frisco 412s, Sea- | German Bank 6; 9114 90% 90% E 54 &c,eg Mellon, who dated it in such in May and unchanged from last year 115 Dengel Co (2).. . 121, 121, 13%| 104% 98 Stand Oll Exp pf(6).. h | board Air Line 6s, Southern Raflway 4s | German EIP 6%4s.. 96 96 96 18 94 - 93 oms, | SESE TR LS OO W down congressional in the first five months of 1930. The 83 Mengel Copt (7). 85° 85° 85| 49 35% Stand Ollof Kan (2) 43 35% 34% 3 and Boston & Maine 5s. In industrials | Gérman7s. 108 107 107 26 100% 100% 100% | 2 FEREIET IS 0 e ssue is dated to New York Reserve district was the Rl e g 20| 84% 58 Stand Oll of N J(12).1200 of a semi-speculative order American | Ger Gen ¥ . R 104% 104 104% 9 101% 101 101% | ERRRORTIZEORS, - To% only one of the 12 to make a better 16% Maéxicsn Ssabonrd % 0% 3114 Stand OII N Y (1.60). us atw 32 3 314 | Natural Gas 6158 and Armour of Dela- | Greek 6s 6 BE% 8614 864 - 36%108% 109 ) 108y IRCUTE JUOE 10, z P xican Se - : b | It will, therefore, come within the ng. Miami Copper (4) 1% Stand Plate Glass. ... ware 51is dropped a shade. Oil com- | Iris 081 98% 8 103% 1084 103% | necal year 1931 and will add $400,000 Details for the fifth district show a 3 Michigan Stl (m2%4) 3 4 1n- 3 Stand Plate Glass pf um 275 pany credits were lower and so were | Italy 7s v 99 98% 9R% 4 106 104% 105 | 0067 ke "amount that must be pri gain of 5.5 in May sales and 4.3 in five| 33 5815 M1d-Cont Petm (2),. 11 25 . 475, 33 Starrett (LS) (12%) 3 39% 36 3 traction bonds. National Dairy Prod- | itallan Pub Sve 7s.. 96% 96% 10 109% 109% 109% | yided to meet obligations in that year, Tmonths, Lynchifrg was up 2.6 rer IR R e 20% 10% Sterling Sec (A) 18 3 ucts 514s were one of the few issues 0 | Japanese 4s. o1y o7 |BEQSW En'B0.... 6104 1084 104 | he margin between black and red on cent for the month, but down 46 per| 53 321, Midland Sreel (3) ; 1 % 13 Steriing Beepeci 3 am make any headway. Tapanese 51; 4 ‘6§ 911 190% 191% | Bensh Areoe s, 2 fo% 8w bev!the balance sheet of the 1931 fiscal cent for the five months. Norfolk 90 Midland Steelpf (8). 3 94% 92 92 8 36% Sterling Seccv pf(3) 3 2 2| Foreign bonds started strong under | Japanese 6348 03% 10313 107% | BaneArooS, b oo 1ot hea: | period will be narrow and this addition showed an 8 per cent gain in May and| 28% 124 Minn Moline Pwr.... 19 a4 25% Stewart-Warner (1). 38 274 | the influence of the new German loan, | Jugoslavia Bank 75 16 835 83% | Bogromgaiaine 68 20 100% 100% 100% | il tend to hold down expenditures. &2 per cent advance in five months 72 Minn Moline pf(6%) . 83 841 85 Mo [T Kok Wabuter () AR but subsequent selling assumed large | Karstadt 6243, e T e L LT 1 On the other hand, mo difficulty inston-Salem lost business ay to 1% Minn & St Loufs..... 1% 1 S o 1 3 32 | proportions and declines were the rule o g Ve - b gty e o e L i e 125 116 Studebaker Copf(7). 708 123 2 in each group save the Itallan, Kreuger&Toll §a i 20 96 $6 | Bkiyn Manhai 6s... 27 981; 7% 98% .“,’.’:;‘.’J&' ;‘{:}‘;‘&’..‘:2’55:&'&?..’?‘3&'&2&35 five months 14.4 per cent. % 30 MStP&SSMpf..... 80 0! Signil % L Mubearise Beat ‘ 3 %| Apart from ‘the $98250,000 German | Manecyle 2 3k 10374 108 | B e 2o ha™ 1ha'% 107 | between June 15 and June 30, 1931, < 5 < 3 3 un B 2 2 s 91y 3 s '50. 53 103 3 3 Levoms (fram ; StoskCella pee, 108 105" Mo Kan & Tex pf(id. 16 10315 1041 103 10 | 108% 1021 Sun Oll ot (... ; 3 ol ke oonited ™ of " st | Montevideo 101% 105 | BUM R &Pl sths. 16 3% 93 33% Building Industry. Robert V. Fleming told Washington| 98% 70 Missours Pacific. . Lsadly AN aua py oo B1 BB RO 5% 6 ?| $9.500,000 in municipals. #4u gy | BUsh Termeconbs.. 12 981 97% (984, The banking trend is having & de. Mankers the other day what lessons he 125 Missourd Pac pf (5) 1328 “1s6-A26 Tieaw | ZR " SSKGSRDETOR - A 54 105% 3054 | Can Nat4%s'57.... 7 95% 95% 95y | cided effect on the building industry. eonsidered the Wall Street November 18% Mohawk Carpet. s, asie o ol dasy | (IR B Shastsotiamendl).. 2 Norway bs ‘63, 98% 953 [Can Nat4%s-68... & 95 95 ¢5 | Most real estate men, builders and Preak taught the banks. In Boston| 63% 42 MonsantoCh (g1%). 22 a aan sl L7 % Symington. ... 3 3 washmgton stock Exchange Norway 53 5 102 102 |Can Natbs.July'69. 23 1024 10 some bankers are wailing, “Those werq Richard Whitney, the new president of | 497 35% Montgom Ward (3).. 386 38% 40% 40| 17% 8% Syhington (A)... Norway 6s 31 103% 1031 | Can Nat 5s. Oct ‘69, 13 .| the happy days.” They refer to the the New York Stock Exchange, summed : 3% Moon Motors... 16 B8 264 15% Telaut Corp (11.30). SALES. Norway 63 "4 103% 1034 | Can Nor 434535, .. v, | pre-crash” period, when money was up some of the lessons he had drawn| 72 584 Morrell & Co (4.40).. =8 55 55 17 124 TennCop&Ch (1)... 16 12% Capital Traction—10 at 65% Norway 6%s '52. 102 1024 | Can Pac deb 4 €0 18 easy, business brisk and appraisers from the same break. The collapse| 84 81% Morris&Essex (3%) 1008 82 82 3 605 50% Texas Corp (3).. 6 %5 b2 Potomac Electric 5%, % pfd.—2 at 107. | Orlent dev 6% 58. .. 9% 8a15 gy | Can Pacific ctfs s. 7108 105 103 |soft-hearted. Many blame the mortgage was not without value, Mr. Whitney in- 134 Mother Lode 0c).. 4 I 1% 7% 5% Tex GuirSulghur(i) 168 55 5% | Merchants' Transfer & Storage pfd.—5 | Orlent Dev 6s°53. 47" g7 |CAnPacificss'ss | 31108 1024 1 Banker as being too restrictive in thd icated, because of the lessons it taugh ' Motor Meter 1 4% 4n 7 Y% % Texas idsae 9 at 101. i Canada Sbu 6s. -, 3 105% 103% 10! selection of security, too conservative First of all, he explained, the need of 50 Motor Products (2).. 32 4 45 2 32% 13% Texas Pac Land Tr.. 206 22 4§ 2 Mergenthaler Linotype—10 at 99%. r;::::?";:::’.:“' A, % 101% 104% | Car Clineh & O 8. 5 1021 10214 1023 | 85 to appraisals and 'too insistent upon a speedier ticker was driven home. The 26% Motor Wheel (3).... 3 2 7 2 36% 18 Thatcher Mfg (1.60), 12 2 2 ParfeLyored 5 104 104 | CarClin& O 6s '62. 2 108% 108% 108% | Periodic amortization. The bankers, or Exchange soon will have installed a| 2 12% Mullins Mfg. S 5 48 40% Thatcher pf (3.60).., 3 43 3 s AFTER CALL. Peradean ed 7 05% 105 | Central Pacific 4 3 931, 9315 931 | the other hand, say that for some time high-speed mechanism capable of han-| 254 123 Murray (b2%stk) 80 17 | 32 26 TheFair (2.40). 16 26% 2 26% | Potomac Electric 6% pfd.—5 at 110%. | Paru 65761, 764 | Ches&Ohio Corp 6s. 96 100% 100 100 | business was too active to last and toc dling 10,000,000-share markets. A sec-| 4 35% Myer(FE) & Bro(2). 2 267% 20% Thermoid Co (2).... 86 20% 4 ~ | peru 7. a4 1 99% 99% 99% | liberaily handled for safety. ond lesson learned was the safety of| 5gi; 36% Nash Motors (6).... 81 p 2% s 15% 7% Third Avenue 4 ) BONDS. Polnats ¢ 9714 i 2 w8 u8 w8 | The sound bankers, according t ' ‘Pbrokers’ loans. He.pointed out that the 118 Nash, Chat&StL (7). 230s 9 g 4§:- ?2‘ Third Natl Inv (3). 2 o . Poland 7s (rets) b 7 98% 7% 97% |A. A. Zinn, president of the Mortgagt Joan total was deflated from $8,500,000.« 18/ Nt Avime (1380 .sc 0 8 47% 36% Thomp (J R) (3.60)., 1 4 Bid and Asked Prices. Polanan cee 29 861 [ Ches & Ohlocon 6s. 1 104 104 104 |Bankers' Association of America, feel 000 to barely more than $4,000,000,000 11 NRR Al Tran 15 o| 3% 24i Thompson Prod(2.40) 12 25 2 PUBLIC UTILITY. Porto Alegre § p 941 |CB&Qlstrfbs. .. 8 107% 107 107% that the real estate mortgage must nol Emihout e doss jof alpenny o8 single| 5 9% Natl Bella He: > 10 « b 5:2%'33.5‘:{'.}‘;'; H i Amer. Tel. & Telpn. 4328 133 213, Asked. | Pirelli 7a 752, ... 7 107 107 |om S Wer e i A T e toal ?‘ S Einoters g 71 Natl Biscul . 130 % 88%| $o o o i 2 4z 2 3 F (1o . R st 48°69. 25 721y 4|or the irument of speculators un. B el o Famine e C-'n‘:’l:‘e:.‘:fl“d’) ’57 ! gg‘s:, 17% 10% Tide Water As (602). 157 o | Amer, Tel, & Telga: 41z 3900 1 Prague 7%s 105 105 |ChiMil&StP4%sC 5 93% ég\. :'?::: willing to risk their ow;:’e funds. The “necessity of maintaining flexible re- 45% Natl Dairy (32)..... 171 55 y 5 B41| 59% 78 Tide Water Aspf (6) 4 Anacastia & Pot. R. R. 5s Queensland - 96 96 |Ch. M&StP4%s'89 1 99 99 y | mortgage bankers are coming to resis| quirements concerning -margins, not 17 Natl Dept Stores'(2) 10 Ifi| 21% 144 Timken DetAx(30c). 6 14i Anacosun & Pou wiar 5a: s Queenland 7. 1061 106% | ChIMIIStPEP 68575, 21 88w 81 w8y |strongly the erection ‘of buildings, nol only upon_security collateral loans, but 29 Natl Diiilless . - 1T 1Ml 391 64% Timken Roller (3) 55 - 5| G & P Tel of Ve Sel ? Rbfnilba Unitn 105% 105 | CMSP&Pacadiss03 137 56 55u to fill an economic need, but to act at 2150 upon brokers' customers’ accounts.” | 20: Nt Eresieiacid 5 Jow| 6% " 2% Tobacco Product ' Gity & Suburban 55..... 83" | Rhine Wst EP 6552 901 9o |CPI&NWEn3%s.. 2 794 794 793 |8& monument to the individual or in- “Lastly,” he said, “it is my feeling that | 1891 137 Natl Lead ($8) .. H A A At 12 7% Tobacco Products A.. b Georuetown Gas st 5 Rhine West6s '53 9 91 91y |Ch1& NW con ¢%s. 61 101 100% 100% | stitution = constructing them. Such in the panic last Autumn the Stock 138% Natl Lead pt(A) (). 20 140 | ©% 2% TobProddivetfsA.. 5 5 B R Rio de Janeiro 6., 781, 79 | Ch1& Nw6%s. 9 109% 109! 4 | building, they say. induces unfair com. Exchange again demonstrated the ne- 116 Natl Lead pt(B) (6). 10s 118 6 31s Tob Prod div etfs B Wasn., Alex. & Mt. Ve 2 Rio 4e Jan 8s 991 99y | Chicago Rwysbs... 2 801 4 801 | petition and depreciates the value ol cessity of holding its markets open as 22 NatlPwrkLt(1)... 200 3% | 6 23 7Tob ProddivectfsC. 5 6 | Washo: Balto, & AD 3 Rio Gr du Sul 824§ 73 13 |ChIRI&Pgn4 1 0% 90'; 901 | properties still far removed from ob- far as this is humanly possible even % Notl By Mar300t.. 2 24 16% Transcontl Oll (30). 185 Wash ' Gas o5, serles 33 | Rlo Gr Du Sul 83.... 3 99 99i | SHARI& et 4, 47 98 98 | solescence. The bankers conclude by in the face of great liquidation. 9 70% Natl Surety (). ... 11 781% :-B"‘- 12 Transue & W (1). 14 314 AR, foas we seri N - Rome 6%s 9 el ot | CRIRkIsl4%sA.. 1 9% 95 95Y% | saying there are ample funds for any Acacia Business Improves. 101 Natl Supply (5). 1 112 2 2 12 Y e ;:;jg":'l‘:f"“h aoe 130 28 1 2 NIRRTl NN << 87 | R'y’l Dutch 4% sww 891 891 [CPIRIcv41is60..207 100 i 991 | sound project. . % 30 NatlTeaCo(2)..... 8 9% 29% 30% | 1o goa ntl Corp pL.(6). 10 4 MISCELLANEOUS. Saxon (PW) 7s. 9115 o7 Chicago T H . 10 96 96 The Acacia Mutual Life Association, | i 17 Nevada Copper (134) 41 . G| A41% 30% Trico Prod (z3).... 2 2% 32 Barber & Ross. Inc. 6'as... 0 Banlo 56 % 97%|Chi Un Sta 43 14 99y 99% with home offices in this city, reports 120 N O Tex & Mex (7).. 108 2 121 | 22 15 Truax Traer (1.60). v 4 g',:'f‘ ~\é=’nbll cxllohmvu,x ceaee P Setne gy, 9 zfl" 98% | C& W Ind con 4s... 1 89% 4 9% B l . that new business during May totaled . i mtaeie i S e 38 | 188 9614 Und-EN-Fischer (5). 56 T34 [ DO, Pabes Mg 850 viiiiill 18 86 [ Ser o 107% 10741 C& W Ind 6%8°62. 1 1041 1043 104% altimore Markets $5,834,395, as compared with $5,649.063 40 N Y Afrbrake (3.60). 1 42| 17% 10 Union Bag & Paper.. 3 s 12 2 3 | W. M. Cold Storage 55 = Serbs-Crot-Slo o5 ;“« Clev Term 43%48°17. 10 9% 99 9% §n'May, 1929, During May new busiress | 1905 164 N ¥ Central¥g)..rr, 105 4 16714 164 | 106% 75 Unton Carbide (2.60) 312 W o R A Soissons 1038 1030 | ooy Torm S%ee.. 1 108 108 108 exceeded that of April by more than 110% N Y Chi & StL (8) 1 Y 1104 | 50 41% Union Oil of Cal (32) 14 3 21 STOCKS. Sweeden 643 101:: }m:: Solod o 2210055 agts v sseq Mes AV Dispeseh 10 Tha s ¢ $500,000. metats, the| 328 180 N Y& Harlem (5) 001008 ; 206 | 242% 215" Union Pacific (10)... 13 22 : PUBLIC UTILITY. Swiss 514846 1044 1043 | Suce R R T4 & 96 ue” "ae | RALTESORE Ma. June 10.-Poiw In the opinion of Acacia officials, t 2 22 N Y Invest (1.20).... 22 3 231, | 86% 8214 Uniop Pacific pf (4) 4 s TRl &, TR, (A0 Swiss Confed i 107 Cuba Nor 5l4srets. 35 634 62% 62% | toes, white, 100 pounds, 2.25a2.75; new, records established during April and 106% N Y Lack & Wst 108 106% | 38'% 31 Union T'k Car (1.60). 1 . T e s 109 A0TM | g Huh Tar il b & 93% 934 &8 barrel, 2.75a5.50; sweet potatoes, barrel May are proof that the business is| 13 107 N Y N H & Hart (8).. 21 108% | 99 43% Utd Afreraft.. 554 63% % Wash. Gas_Light Co. (18} 2 T"’“'E'ler % 99% 99%|Den's RioGen da. 5 96 96 :s'“ 2.5084.; yams, barrel, 3.00a4.00: gvailable and that, despite general con- 119 NYNH&H pf (1) %121 | 7% 56 Utd Aireraft pf (3 3 N &' W. Seamooar (did). .. Toho E Pwr 1a 100% 100% | 5°R G&Wst 587 1 2% 92 oo | Asparagus, dozen, ~75a2.75; beans ditions, individual organizations can 10% N Y Ont & Western, p 11 | 58% 36 Utd Biscuit (1.60) 13 513 By . Blaakbost P ‘okio 53 ‘61 90 904 % 92% 9241 hamper, 75a1.50; cabbage, hamper, 504 go forward if sufficient cfforts are put 2" N Y RAUWAYS Dfos. 2 2 | 30 221t Utd Business Pub... 40s 221, 1 | Pot: Elec. Power 815 pid Utd Kingm 5%, 2 104 104 |ETenn Va&Gas 4 105% 105% [05% | 90; carrots, 100, 50a4.50; celery, crate forth’ 100 N Y Steam pf (6).... 108 108%| 84 44% Utd Carbon (2) 68 Yoy, o B opme 40 ‘65" | Ururuay 6s W 97% o7y | ETie gen 4s. eee 29 X2 KIN 81%|2.50a4.00; corn, bushel, 2.25a2.75; With the first five months of the 110 N Y Steam 1st pf (7). 208 4 1M4% | © ¢ 4 UtdCigar Stor 14 Wash., Balio. & Annap. com .-...| Uruguay 8s. 106 108 | Erfe s, 1967 8 94% 941 9415 | cucumbers, hamper, 753125 kale year witnessing the establishment of | 265 226 Norf& Western (10) 6 2301 | 68 26 Utd Clgar Strepf.eee 1 63 Wasii., Balto. & Annap. pfd.... Vienna 6s'52...... S | ori &8 1876 48 94% 94% 941 | bushel, 75890; lima beans, bushel, 4.008 Tew records, Acacia is confident 1930 | 15% ~ 91 North Am Aviation.. 54 8% 8% | 52 ' 30% Utd Corporation.... 1612 38% 36 3 NATIONAL BANK. S Gr Trunk st deb 6s. 25 105% 105% 105% | 2.00; lettuce, hamper, 25a75; oniong will prove unusually satisfactory. 935 North Am(b10%stk) 208 14| 53% 46% United Corppt (3)... 14 gapiim a9 ama 6s...... 26 96% 97 |Grana Trunk 7 € 110 1101 1101 | bushel, 75; {reen. 100, 78a1.25; peppers = 51 North Amerpf (3)... 7 & o B5%| 19% T Slectric Coal. . 4 TR 7 olumbla (12) iyt MISCEL Gt Nor 438 '76(D). 15 9% 72| crate, 1.50a: peas, bushel, 1.50a3.25; Brighter Bright Young Men. i i 15 7% | & i d) (10 i LANEOUS. 3, . 7% i i 100% North Am £d pf (6).. 1 Lols | 102 8l Tea AR 7 ommercial (stamped) (i0) 2 ADItibl P&P 6 53, 12 55 | GrtNor 4%s (E)... 1 97 97 97 |Tadishes, 100, 1.00a3.00; spinach, bushel * The regulations for customers’ men 76% Northern Pacific (6). 20 8 | jtd Gas & Imp| 352 391 % 3 90 | Abram&Straus 5% s Sor | Great Norgen7s... 37 111 1103 110% | 1.0081.25; squash, bushel, 50a1.00; ut out by the Stock Exchange as a re- 75% North Pacificct (5).. 8 X 5 76 gk; E'ld Paperboard. F ipecty 1) Alleghany Cp bs '44 . ”: " | tomatoes, crate, 90a2.50; apples, bushel ult of the Manhattan Electrical inves- Norwalk Tire & Rub. 2 % Jtd Piece D pf (§%). 2 2 101 Sl ) s AlleghanySarey. Hud & Manadibs.. 19 81 £0% 80| %.25a3.00; grapefruit, box, 2.5086.00; tigation would have been welcome no 9% OIl Well Supply..... 3 a 10% 4% Utd Stores (A). 15 21 Riges (15) .. Allis Chalm 5837, , . Hud & Man ref 5. 5 99% 98% 9% | oranges, box, 3.5089.00; peaches, crate, matter what the course, it was remarked | 3 % Oliver Farm Equip.. 28 2214 15% Utd Stores pf........ 12 3 99, | Second _(0e) oo Am Agri Chem 7 o JoLi 103 | centien ma: 2 2.00a4.00; pineapples, crate, 3.50a4.00; in brokerage circles vesterday. It was Oliv Fr Eq pf A (6) o 821 83w 18 US4 For Secur. i 1 5 § o | Wasklhatol! o B e oy 1085 103% | 11t Cantia R o6 2 oni 199w 104, | strawberries. quart, 13a22; watermelons pointed out, says the New York Times, ' 81% Ollv Fr Eg cv pt(3) g 35% 85% DB & Por Secpf(f).. 1 9% e Am For Pwr 53 2030 88% 8ga, | 1l Cent 63¢s. . 1109 100 109 | 108 60.00a100.00. that in the good old boom days the % 2% Omnibus Corp. .. 2 4% e U i T Continental Trust (8. . 50 |AmIGCh5is'49, 105% 10514 111-C-C-StL&NO 5 105% 105% 100% Dairy Markets. practice of making customers’ men of | 99% 63 Orpheum Cir pf )., 208 88 EA vsun ’:‘l" H 3 & €8 | Merchantt Bank & Txvat . Am Int Cor 535s " u 9715 98% | Iut Rapld Trans6s. 3 67 65! 65!3| Poultry, alive—Chickens, Springers pugilists or other athletes, or college 67 Otis Elev.n(23%). 47 ' 61 | HRON 0L SUISIAISEHONI(YD o 22 | National Sav. & Trust (12:) i ot M| iac Baprianind. 4 68 o8 66 | Dot e, Bntingers’, students who failed of graduation, was 118% Otis Elev of (6)..... 10s 128 128 128 127 Do i DIRTAtinGE 1 Union Trust 8 86 [IntRapd Trans6s. 7 53 50 51 |rfoosters, 13al5: old hens 22834 Leg: all too common. These men obtained 29 OtisSteel (234)..... 4 28% 28% 28% 28%| o UEP;“':;IQ’;;““- 1 X Washington Loan & Trisi.\\ ] AmSmit& R1st6s 7 101% 101% 101% [I0t Rapid Trans7s. 1 89 89 89 | horns, ‘14al8: ducks 20a22. Guines their positions not from their knowl 50% Owens,Ill Glass(n4). 2 50% 50% b50% 51 14 Usm::nrul'uo' 3 E 3 E SAVINGS BANK. Am Sugar Ref 6 4 103% 102% 102, | Int & G Nor 1st 6: 2103 103 103 | fowls. each, 50a75; pigeons, pair. fris edge of the markets, but for their per- 52 PaciflcGas& B1(3). 35 63% 61% 63% 62 | 750 507 S Realty (6)r o A 20 | Bank of Bethesda (83)... Am T&T cvd % 16 170 168 168 |lowa Cent 1st s 1 29% 29% 29%| Eggs—Recelpts, 602 cases; nhearbf sonal followings. While most of them| 107% 72 Pacific Lizhting (3). 36 84% 81 84w 85%| 35" oy, UBRubb:r - . Commerce & Savings (1 Am T&T 53 °65 58 104% 104% 104% | Kan City Ft S 4 3 96% y 14 | firsts, 2215: hennery whites, firsts, 231 were well meaning. it was said, their| 178 138% Pacific Tel &Tel (7).. 30s 140 139% 139% 138% | ‘631 461 U S Rubber 1 A 5 WSS ol Am T&T el t 5 " 104% 104% | Kan City Term ¢ § in 9;;, 3hi| Buiter—Good to . fancy crea 4 deficiencies were all too noticeable when 3 147« Packard Motor (1).. 213 16% 14% 15 15 361 2114 uss,m"';‘ 3% 2 s Security Sav. & Com. Bk. (17} Am T&T st 104% 104% i 9 i pound, 33a65; ladles, znzsymu: 2’4“’2 prices began to fall. The new regula-| 64% b51% Pan-Am Petrolm. 58 57 BB 59 831 48 USSmelt Refpf3%. 1 45 Beventh Street (12)... 3 Am T&T 5%, 3 1071 1071 | Lake Shore 3%4s.... 4 80% 80% 80| process, 29a30; store packed, 19. E tions, the Times believes, should make 50% Pan-Am Petm (B)... zm 58 57 7 57% | 1981 1605 U'S Steel ")‘ pES%. e 5;-;;-;,;:3;,“ G Am Water Wks b 101% 101% | Lake Shore 43 31.. 21 100 997 100 i Lo for higher standards among customers’ 2 4% Panhandle P & R. 8 8 P 146 - 141 U 8 Steel pt (1), . 2 ¥ 2 Armour&Co 4% s'39 8915 691 | Lehigh Valcon 4%4s 3 99% 93 99% Hay and Grain, men. 48% am'nt Publix (4). 293 64% 80Kk U8 Tobacco ( Ay 5 FIRE INSURANCE. Armour. Del.5%s. 8314 84 | Long 1sl 6s°37. 5 100% 100% 100% | ~Wheat—No. 2 red Winter, exporl SRR 35% 20% Park & Tilford (33).. 11 25% 21% 31 Univ Leat Tob (3) St &b Atl Gulf 58 ‘69 5% 7514 15% 1.03; No. 2 Winter, garlicky, spot, 10513 e 21 Park Utah R T T 2% Univ Pipe & Rad. . Piremon @) .. Atl Refining 6s.... 10174 101% 1.04}2; No. 3, garlicky, no qum- Today's local Exchange session was| -2 12/ Parmelee Trans 1%., ‘5 l:A 23 2 5% 314 Ut Pwr&LtA (e2).. 85 3¢ “ Natlonal Unlonl {18} 3 Bell Tel, Pa, 68 (B) 104% 104% n ‘05‘* 105% 105% one of the dullest in many weeks, per- 2% Pathe Exchange. NCE. Bethlehm St1 “ Corn—No. 2 domestic, yellow, new haps on account of the weakness on' the 5 Pathe Exchange (A). 9 % 3% VadascoSalesCorp.. 5 3 44 SRR e Brklyn Lorilp (e }22: NanRy Jad 20 5o% 60 50t |93a94; cob corn, 475 . ' e bea| 710 0f Beasieshstorcns Yo i ‘% Vercar Caem. oo '8 OO e i e %0 90 | Corm-Td B3 ren 45 45 |MIIELRyaLedks 1 1000 1008 Toovs| Sopmst " > No- 3 51%4a82; No. 3 S t L t! Peerless il 5 - ee . . . oo o 5 1, cauce he interest of ::L\lc:codr;vaor: 4 8 BeatisasMoiopCer i o5 O e A s . Gt Ghile Copper Ba.... 96 96% [ Mill EIl Ry&L 65'61. 10 101% 101% 1013 Rye—Nearby, 75a80. V “likely, however, it was because local | Penney (J C) (3) 63% 63% 641 | B2% 78 Va-CaroChem pf(7). 1 4 Barber & Ross. Inc., com....... Al 651 65 |Minn&StLrefds.. 2 11% 11 - 11%| Hay—Receipts, 10 tons. The genera Eelys Doyeyer. b yas hecsuss oo 3% Peaney(1C) ot A B Ioe 100 100 1057 | 215" 1055 Va MLAPReROT) s 108 11850 1180 1100 10 st [iEkiRer & Tipem; The Soug.. . ol 63.May’52 35 102% 1021 | MStP&SSMcon4s. 4 90% 0% 907 |hay market continues quiet under ligh —ers for B estuier s | 124 $% PannCoal s Gol 28 8 8 854|156 65 VulcanDet(4)..... 2408 , Gol Baid & Gruvel pra Com Invest §%s 43 9% 954 M StPASSM bagtd. 1 97 47 97 |receipts mostly by trucke bt At r son. 8 2 Ly e % 6 : ¥ . (Cepital Traction sold to the exient 2 S Ponn Dizis Cemeat,. TR B l;:» :’2 :’Vux::nhmuu). 108 90" | Dist: NE: “Bec. b s Con Coal, Ma. b8 . e :i‘:‘:‘,s.i‘::’m 1 101 1014 1014 for the demand. [vhich is limited, Whil of 10 sh S I 7 - 7 3% A % abash, 28 " er. iromo-Seiz. . Y g - &l el i3 s arrivin ey ;‘x:fipar; - ,})’T{"fiafi, f“n';f,',';f, 0% 50% Peop Drug Stra(i) 1 45% 45% 45% BO0% | 313 241 Waldorf Systm(1%). 29 5 P e g B () 4 33,‘15‘37..'.".’{»\'.?: A 1ODNC100W | A BT AYINGE(A) s 6. 102 6.1 08108 estabileh vahies by 1"“’:'0:“"?::’{1“": in a tiny sale at 107 le the 6 per| 325 230 People’sGas. Chi (8) 11 zga‘ 2;01 2x!l’ 280 | 103 97 Walgreen pf (6%). 1 Fed-Am. Co_ pfd () a 10 Cuban Am Sugar 83 9;“ lg;v u: lcm:s:.e: L lgt:u 13?“ 9% lt}l-s the better grade of timothy and s i ihe board | 08 R e Fore Mars neur (8 208 bt Ll S e in e ConD). 2 2 % | Mer Tr. b Bree com (0} i ou% 85 | MoPacbsF*I1.... 36 100% 100% o :A;v;: of 3600 16, z’gm‘)flé e € 1100 M ¢ Pl 5 i Pere - 3 99% 99% x % Ward Baking (A 3 s Y 5 . % i r age }Jrris-rn‘d‘ R e 17% Pet Milk (1%). 2 0% 10 14 19%| 16w Ase Ward Beking (B) . R B T 100t 1001 | Mo Pac 63 G < 11 1004 100% 100% | =——————=— - of Mergenthater - Linotype changed| 27% 24 PetrolCorp (1%)... 126 24% 23% 244 24% " Ward Baking of (7). ] Natlonal Mige_ & Tnv. prd. - s | East Cuba Sug 7% 70" 170" | Mo Pac 63848 cv.. 50 108t 1073 1073 Sales. Hish. Low. Close hands, ex-dividend, at 999;. 54% Pheips Dodge (3).... 70 36% 36 36% 36%| 801 38% Warner Bros Plo (4),1247 K 9% S0% | Resl B M G ek e Ot 1% 1% | Fisk Rubber 8 76 5 |MOP&OUKSNT... 5 e 974 97| POrtMIBLGR.. .. 1 99K 99K Gleaned in Financial District. 1i% Phila Read C& L.... 200 19% 18% 19% 19%| 704 36% War Bros P pf (2.20) 3 Security’ Storage 'tde) . Gen Cable % NassauE16n'S1... 2 52% 5%% 53% | Dor B L e paren o J0o - 100 100 emerican Ice Co. May profits esti-| 13% 8 Philip Morris (1).... 11 1% 11 11 11 | 27 15% Warner-Quinlan (1). 54 ] T et Wi Cepe (%) 32 | Gen Mot Ac Cor 63. I NacEY Mexais 8 GO | B e T e 100 80 100 mated to be 10 per cent in excess of | 27 20 Phillips-JohesCorp. 1 204 204 204 20 48 Warren Bros (3).... 19 ‘ Wasn Mech. Mise, com. (b , Gen Pub Svo 6%, o 10t e NG T MR R T 99 Dl AR TRk 100% 200% 1064 May, 1929, when the company earned 70 Phillips-Jones pf(7). 30s 70 70 70 70 31 23% Warren Fdy & P (2). v g Wash. Med. Bldg: Corp. . . . | Gen 8t Cant 6% S 10 INYTa&Mb%s.... 12 102 101% 102 |RIATK&LeYs... 6 99% 99% 994 $521.350, after interest charges, but be- 29% Phillips Petrm (n2).. 127 33% 32% 33% 33%| ¢ 51 Webster-Eisenlohr. NS & ML B Gen Thea Eq 157 19| N X Cengen3us ‘81 |stLimess 6 1 fore ‘depreciation and taxes, 2014 10% Phoenix Ho 2003 2ae . a2 1 2215 Wes oll & Snow (2. 2 203 ; iEx dividena. 2 k RS iy m‘" YCent4n'dZ..... 5 96% 96% 96% |StL&SEDIABA. . 21 Sl oo ¢ The David Pender Grocery Co. omitted | (2 1 Flerce Oif B a® g g 50%% Wess 0 & Sn of (4) ; S extra £a% xira Goodyer b3 rets 9% 94 Cen deb L2 9B 9B 81 |SILASFeWaTE.n 65 9B 24" er Grocery “d| 557 200 Plerce Ol bl 5 35 35 4 P e ja% e 4 % % 3% 93 93 the regular quarterly dividend of 25 e S 52 -5 5% Bk o8 : i b it Shwnen fsued. Humble O & R6s.. 17 101% 101% 101% Cen rt 4 T 150% | StL & SanFrin 103% 103 1034 cenis. on'the elass B stock due ab sl S5y 207 pilishuryliounica)ce 18 80 "2 2015 30 t Penn El pf (7). 4 3 AeLEihs HumbleO& R §3s. 15 101% 1013 101% ‘en deb 6s. 2 10614 106%% 106% | StP & KC ShL ¢ i L i o o Previous QUALLEr AL ORTN % 42 Pirelliof Jtaly(3.14). 10 42% 42 42 42 2 rn Datry (B).. " 7 i 5 1i Bell Tel 6 . 8 104% 1047% 104% he B 9T gn vk Slyiderid Gt 25 cerita wan deciared C& StLdebds. 2 99% 99' 99%|SanAn&ArnPd4s.. 4 931 93, 934 - = 4 PittsburghCoal..... 1 b5 55 55 58Y 21% Western Md........ 3 a 111 Steel 4 10 99% 99y 99! 5 4 ‘s 93! Howell B. Erminger, jr., of Chicago. P T e SO e ] L e e el SHORT-TERM SECURITIES. “ “: % StL4%sC. 8 975 97) 971 |3eaboard ALcn6s. 20 623, 61' r 2 StLE%sA 1 107% 107% 107%|SB E 2:;\"\“1‘25‘:"?" ;:re p‘e’r‘,‘;fif,“o'n” vrfl:nsr:‘rr:":rg: 1’;; g::" :f “l’&fzf)fl)- }3' 154 184 1:: 2 4 Westinghae 4 B (3). % (Reported by J. & W. Seligman & Co.) .| Togi Stasen soet J2 101 1331:. 100% StL6%sB 5 1074 ma 107% Mu?"-‘e’;‘l‘l s e 91 o 9814 Pitts Steel ! vees 108 B 4 " Y 152 6! N e "47... 33 15 993 Ae. 3 : 3% T e iy * Valley. Deve | 121% 98% Pltts& W Va(f).... 1 93 i 133 55% | American Teis & Crel” stoa 194 Intl Mer Mar 6: 2 100% 100% 1003 e ritarsis. 50 0o 2o :::;.:e‘r;:r ool Jeake & Ohlo, Hocking Valley oere] (22w 20w PittstonCo (37%c)., =2 22w 22 | 224 29% American Thiead Sies 1838.... 100 Intl Paper 5 1 88% 88% 88% 5 801 804 80%|Sou Pac 414wed oo quette and other subsidiary lines of B it wadishn 5 W 5% | Baltimore & Olio 4138 1933 Intl Paper 29 94 93 94 1 93 984 o in s et ekt phi Dl 2 PRican AmTo (B).. 18 14% 13% 14% 31 White Motors (2).. ‘ s AN O ;;",.;?,“ /- 13 92 91% 92 NH&Horoh ¢a 3 136" 13¢° 150" g::nn'-’y‘:.n o versified Trustee Shares, serics G, and| 103 97 Postal Tel&Copf(1) 2 99 97 97 36% White Rek MS(143%) 5 | Calitornia” Pet. Corp. 81as 1038 Intl T&T 4%scv.. 367 116% 114 115% | N Y NH&H clt 6s.. 44 105% 105'; 105% | Sou Rwy 63 ‘66 et e e e ey Ceen | 54 40 PrawieOli&Gas(3) 21 1% 40k 404 % 6% WhiteSewing Mach. o | Sanadiai Nor” R ) Int] Tel&Tel 68°56. 29 9815 98% 98% N Y Ont& W Ist 51 51 51 |SouRwy6¥S....m Yoew 1204 according to announcement of G. W. 4AM-ERROIBE L (18)... . AL 14D - #4416 4B 21 11% Wilcox Ol & Ga; L 7 y s KanCity P & Lt5s. 2 104% 104% 104% | NY State Ry 4343, 1111 . 20 loes o wa A Pratt & Co., located in the 1 d 7% Dressed SteelCar... 14 8% 7% 7% 6% Willys-Overland. . " « | Cudany 3. 98 3 7 106% 106% 106% |NY W& B 4348 sen ssig saw|TOX ¢ 53 BT, Tal 0., located in the Tower Build- g oc & Gamble (2).. 31 70% 68 6 ¢ » Gen. Mot. Accep. Corp. 6s 1 s b 4 Tex & Pac 58 C 79 ing. Payment dates are July 1 and 15, 52% P ) Fhikt e b 480 1 O 2"&:"“” 661 661 G Bet Corp,_ 85 1940 . 10 105% 105% 105% | Nort & Wnconds.. 5 9313 316 931 | mppgrg Ave ref 4 "s\?flfsmtsl‘n{fle Lorbeerba f Vi a1 pE0 208 34 34 a4 . wlfv: Woolworth (2. 5;;.' 4 b R et b L Noe Basifle to-torr. ‘2 ;‘:fi ;?3.' 3?:/: ftoe Austria, has Just heen mamed head of | 123% 1% PubServ.NJ (3.40). 123 105 101 104 67% Worth Pump. 146 133% FeT R i A ST e 4 105% 106% 105% | 7O StL & W as’so. e e e ot 9734 Pub Ser. NS pEwi(s) 3797 974 974 67% Wrigley (Wm) (4) % T Humble Oil Vs 1933, i ol Gy~ 4 113% 1135 113 | Unfon Pac 1st 4a.. tional Exchange Bank, She is 23 years | 112% 106% PubSery 8J of 16). 249 11 1121 1124 12% Yellow Truck. 256 22% | RIS, MR B ol 81 i e T e S e 1 a1 0%, Sosc| URIOA TSR xRS, ' 112 4 Pul . $ 2 . o £ ©"ibout 30 members ot Washington s P i St e gl T S patioe e i g c: A 323 ot | Fon Gasa s 0 10t Teen -39 o 96K 96 DnionPae 4 3ae i o) % 6 00 99% 1 v Started. thelr anoual golf toutme. | 2Th 21% PureOll (14)......" 68 23% 21i 22% RIGHTS EXFIRE Co” 518, i Montana Pwr 43... 10 1021 102% 102% | penna 4%s 63 17 100% 10004 10034 | V@ BY & Pwer Ment at the Bannockburn Countey Glub, | 114% 110% Pure Ofl ot (8). 108 112% 112% 112% 18% Am Tel & Tel.Aug 1 18% m1su 18% o 32" 1048, Montana Rwrdb§s 1 102s 10214 102' | penna gen 5: 2 1081 108' 10814 | Wabash 434278 ret Tith enthusiacm nming wery igh in| 85 65% Purity Bakerles (4). 50 66 63% 63 21% 20% Ches & Ohlo..July 23 20% 20 s 1003l | Morris&Colstees. 1 82 52 B2 |ponnaBa84....... 20 104 1037k 103 | Wabash rat the preliminaries. The finals are to be 34% Radio Corp 1926 42% 39% 41 > 1‘\: (‘):'l":":le']'fN }\I:'h;“a 9 1% 1% 1% 8 I e o ;45 1032 99 Nat Datry 6%s.... 118 97% 97! 974 | Penna :)‘:1.'»10% n 18:“ lgsv. 109 x-:--: ::;Il"l: 101 :on. y. 53 vaee 514 % # 3 ne 2. 4 3 A B . s 3 6105 104 105 n: E T 98l 9 abas| 76, 1044 104% "”\fi‘;,,’,',‘,,{;}e'mm e ikt 85 fi::::zz:,'.’;,’..,« P aar o 1% 1% Hackensi July 1 4608 1% m 01 Edison 61; <10 118w 113% .ern 18t X 9215 921, 9215 | Western Ma 4 a% W% #3% to learn why the New York stock market 19 Radio-Keith-Orph A 1026 33w 30 31% 1% % FhillipwPet.June 18 208 % k% u's 947 2 G&EHP4 1 94K 94 9dn 26 981, 9B 9Kl West M Bl o 99 991 " takes a t e ; 33 Raybestos Man 2. 24 36% 33 34% 10:30 AM. 4 497.400 12:00 Noom....... 1,972,800 Western Electric Co. ; G&EHPGs.. b5 106% 1064 106% 8 1043 104% 1043 West Shore 88% B8 umble every year while they are an Beottie Oo 84 ) ®way for the annual convention, 110% Reading RWY. ($)aew 5112 111 1114 m - 23380 Mo vseamsas 20717,900 = 2:10 PM.oo'oenee 3,190,000 Wheshing Sesl Gorp: 415 P [ jrectors of the 6 Les Rubber & Tir Federal Storage 2 33 Leh Port Cem (234).. Co., according 474 Lehigh Valley Coal.. announcement to 14 Lehigh Valley(t434) day by E. K. Mor- E 781, Lehman Corp (3) is, president of 3 241 Lehn & Fink (3). the concern. . The 3% 911 Liggett & Myers( other directors of X 91% Ligg & Myers B(15). the company ar 215 Ligg & Myers pf (7). Robert B. Hall i Lima Locomotive James M. John- > A Link Belt (2.60).... ston, Harold N \ . 52% Liquid Carbonfe (4). sRfvnaRamtumme Qrdrdrd e rdrdrd g aaaaaoo PrrepSS ® & ZZEZZZZZZZZAA Z = 355 ZZZZ7Z 91 9% ¢ 99 299% 101% 101% 9 93% 102% 102% o e ©ENS v RarD HEaem ©e~, 1088 1504 Tl 63800 nmaes 21 1004 100 ; m- -5 K]