Evening Star Newspaper, June 19, 1930, Page 14

5 Wt T FINANCIAL _FINANCIAL. cis} Dispatch 16 The Star Shell Unton (1.40). .. * 3 Shell Un O11 pf (53) bert Theatres . EATTAT o - > e ; THE EVENING STAR, WASHINGTON, D. C., THURSDAY, JUNE 19, 1930. AR : GLASS BILL STIRS NEW YORK STOCK EXCHANGE BONDS ON N. Y. STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office. T o 3 Prev.1930 Stock and Sales— Prev. NITED STATES. Sales. Hizh. Low. Close. | Sates. High. Low Close. I R I DEBATF IN S| REE‘I‘ -riEoniiduod pvon Eage 9. ich, Lew. Dividend Rate. Add o0, High. Low. Close. Close. " » tn 51000 | Bell Tel. Pa. 63 (B) 1 105% 10515 0514 | Chicago Rwys § 9% T0% 794 o Trev.1930~ Stock and Sales— W X11: PubServ,NJ 13.40). 188 90 94 High. Low. Close. |BellTelPa§s(C).. 5 107% 107% ChiIRI&Pgnds... 1 90% 905 904 B A Low. Dividend Rate. Add 00 High. Low. Close. Close. | 481¢ 017 DPub Serv N J pt (5). 9% T AN 94 4 5 10031 10029 10029 | Bethlehm Stlpm 58 4 101% 1011 ChiRI&Prf 4 9TH 9TH 9T : 1S IntiPap& Pwr (B)... 3 1N 130 I8 18U 1120 1061 Pub Serv N3 pf (8 i 1107 Lib 1st4% 1023102 Beth Steelrf5s.... 2 104% 104 ChiRTcvilns0i 126 90 g8 98 Maiket R o Ct 1 s M SRUREE EAC) - 10 | 9% 63 Pullman Corp (4)... 6 64 Lib4th4%s. 102 25 102 22 | ¥ % 41 Chi Un Sta 4% 14 104 9% 99 Plan to Curb Speculation IS\ 23 5 iniiranarwrofen. '3 16 A e : TIBA Sum i (Rt e e |Cortnmasyarcta. ¢ g1 41 ave CHURSImANEC- TN (080 ose |Market Recovers Toward 4 IntlPrintingink3) . 1 Pure Ofl (1%)...... 101 2 2 lussns 10120 101 20 COloa O EE'SE - o 62 Chi Un Sta 53°44... 1 1081 10315 103 End of Not Looked Upon 93': [ntl Print Ink of (6). 10s Purity Bakeries (4). 28 iussy 1063 1063 | Col GREI 55, May'52 15 101% o | Chi Un Sta 614 20 115% 1 115% nd of Day—Forced Sell- ; 3 25 Intl RwyaCent Am.. 503 21 5 Radio Corp. .. L1368 3 3 US4s'4d. 14208 108 | ComTnveat oo b 94n, [C& Windconds... 1 90 90 90 s With Favor. 54 41% Intl e | ,;::lz'é;f‘,‘&'})"s' - 55| USEReEE.L. 111228 11228 gz“m(];‘;’l"&:x 2 W cewmasus 10 105 105 105 ing Is Completed. S s ey et Radio-Kelth-Orph A, 78K a2y 3 FOREIGN. GonGas N Ysisa. . 52 106 | CCCASULIeW aAN; & 1004 60 Gl iy i 4 B 4 Raybestos Man 2.60.. 38 3 3 ‘f High. & s g StL E). 99 98 BY JOHN F. SINCLAIR. \ 40'( Intl Tel & Teleg (2). 314 44 ReadiuE RWY (4). 10813 | Argentine 5158 " 921y Cf’,’,‘,;‘:‘"‘:;"s‘;::f:. Clev Term 4%8°17. 3 98% 984 BY F. H. RICHARDSON, Ix Inter Dept Strs (2).. 3 21 Reading 2d pf (2) : . 49 | Argentine x.Ju ‘69 u 9 Clev Term bs «e 11 106% 1054 14'4 Investors Equitve2). 11 Real §i1k (5). ... ) 9 234! Argentine, May '61. 5 ¢ as1 | Det Edison Clev Term 535, .. 10 109 100 103 | E0ceial Disatch to The Star, EW YORK June 19 —Senator Glazs'y 12 13, Island Creek Coalid) 2 214 Reis (Roht) & Co. « | Argentine 6s Oct'53 9 o 95% | Dodge Colo & Sou 4% 1100 108 NEW YORK, June 19.—Today’s bond to discourage in every possible way Island Creek pf (6)..200s 103 5 5 5 2 em Rand (1.60) 2 | Argentine 6s A.. Donner Steel 7s. CubaNors 12 %42, 04 60 ¢0u | market turned strong in the last hour stock market speculation, as well as to | Jewel Tea (14)... 9 ; : X Reo Motor Car (80c AiprrtinedR .. Duquesne 4%8 67 Cuba R R %8 #1y E6% 86k | after weak opening and an irregular iritithe ik ing ok b gtve e ] . 80% Johns-Manville (3).. 119 Republic Steel (4) . Australia 4155 56, . East Cuba Sug T%s Del& Hud ref 4543 93w 131, | Period during the moming and early amend the banking acts to give Reser s Jones & Laugh pf(7) 50 Republic Steel pf (6) | Argentine 55 Gen Cable 5%s 47 | Del & Hud b%s.... 3 104% 104% | SUETIOON ours. _Volume totaled une member ba a greater part of the | Jordan Motor Car... 14 Revere C&B (A) (4). Australia 58’55 Gen Mot Ac Cor 6s.. 5% 95% !}:;t’n! 'w"‘z::";d"" $4,000,000 less than earnings of the Federal Reserve banks. 108 K C P&L 1st pf B(8). £0s Reynolds Metls 2.40, 3 8 Australia 5s '57 | Gen Pub Sve 6%4s. . 9 Den&RGW 68 5 9214 Phot oy :/-:kyfiru W is not looked upon with favor in Wall| 5% 67% Kan City Sou (B)e... 2 Reynolds Spring.... 10 3 Austria 7 - Gen St Cast 5% 849 DR G&Wstb o914 | Accumulation of forced e e 200 171 Kaufmann DS (134). . Ee e i Bank of Chile 6158, Gen Thea Fq 61°40.142 Dt United 4 %8 % 99% | [callting from Wednesdays aclircrs i 24% Kay ) 214).. 8 2 2 5 Reynolds Tob 5 %s. Gen Thea Eq 63 "44. - s n W r Glass calls his bill At e Richfield O1l (2). o e ot g Goodrich 6. . R e stocks, and the strength in the last hour the “ban t of 1930 and says th: Spring 6% pf.. 30s 4 3 Rio Grande Ol (2).. Belgium 6s. ..., | Goodyer 58 rets. | z 21, | WS 8 reflection of the drying up of = e 1 ghort- el Ritter Dent Mfg (13) b 4 : 09 | > 2 . - h selling, combined with the natu- its purpose 1s “to provide for the saf ring 8% pf. 10s 3 Belgtum 6348, : 109% | 1100 & Co 6348. ... Krie bx, 1976, ral b : nd more effective use of the 1. Kelsey Haves (2)... 41 Rossia Insur Belgtum 7s 55 6 112 113% 113% | Humble O & R £s. 1% | Firie conv Ex 1, Pt g .‘,‘,’,,,"’&',“", and medium 1 banking association: Kelvinator Corp. . 6 \ B i Belgium 7s '66. 9 i low, | HumbleO& RE34s fevels for'the year, *'"'"S ReW low rbank conirol, to prevent 17 Ke 1Co pf(16.8 tutland pf. . Belgium ' | 3 year, ) funds into specu- . 38 Kennecott Cop (3).. Safeway (e5)....... 75% | Bolivar 7s 58 3 {‘I:Ef.l:,?“&z"im Fla East C58"74... 51 hn{,"”:;'":;”‘:’ ‘trading many issues for other pur- 49 Kimberly-Clark(13). Joseph, Lead (13). Bolivia 7s ctfs '69. Inland Steel 43 *78 941, | Gr Trunk st deb 8s. T R ot T setbacks. cious of any- 0. 20 Kinney (G R) (1)... 1 | [-San Fran (8)... Bolivia8s..... ntl Cement b3 48 0 1004, | Grand Trunk 78, ... 4 4 11001 O "'":v" of the declines of the past curb its own 7 £6's Kinney (GR ) pf (8) 130 S L-San Fran pt (6) Bordeaux 6s TREI NS b ey il Gt Nor 415876 (D) « 97 sesslons the flow of new capital is- omething new 1% Kolster Radio...... 40 3 e 5% L Soutnwestern. ., Brazfl 6148 26 TeUMGF MAF 68 - ; 1001, | Gt Northern 5%s... 10y, | Sues has dried up. until today's total es Gtate-wide 181 Kraft PhCh 11%). .. 13 i 85 St L Soutwn pf (5). 9 s Brazil 6148°27. ... & | Intl Paper 55747 8 6" "6 ' | Great Nor gen7s... R b Lr]‘Ial'l"nG‘h’lTr Sty - al ba in 1 Kresge(SS)Co(1.60) 27 26 B vage Arms (2) Y Brazi] 78...c00000s 9 9 9 S ig ” . 5 n e 1051 Kresze (SS) pf (1).. 208 115 115 . 4% Schulte Retall Stra.. 23 . Brasi] ks 100 | reramal 45 29 S04 304 | HavEl Ry 53881, s0w | nicipal _flotations. This respite from but it would |~ 8 75 Kresge DeptStores. 1 84 8% &% 5 35 Schulte Retail pf(8). Bremen State 1 102% | 100 TRT chpm e o 190y | Hud & Man ad s.. 7815 | new offerings is welcomed by deal- > nks from borrowin 45 Kresge Dept Storepf 20s 45% 454 5 Seaboard Alr Lin CaEdaR 100% ) Int] Tela&Tel os 6 40 109% 110% | Hud & Man ref 5s.. ers, who are still heavily stocked with on their t 521, Kress (SH) (1). 4 52 52 Seacrave (e1.20) » b 3 105% = gt recent offerings at a time when listed er lendin s > 23% Kreuger & Toll 1.60. 286 26% Sears Roebuck(12% e G for | KanG & E 6852 106% 106% | 111 Cent 48 '53. ... prices dropped until the offering levels lative purposes. 51 Kroger Gr&Rak(nl). 203 291 Second Natl Inv. 3 a 9% | cRnew . o 90 | KanCity P & Lt &) 10479 104% :ll: g::: ::. £ ?,f many new bonds are entirely out of Senator Glass contends that the pro- 21% Lago O1l & Trans. 16 24 o2 e Natl Inv pf (3). 5 5 | cane 1001 [ Lackawanna St1 55, 3 1031, 1031 1033 | SO0 GRo T ge” i TR vision in the Fe Reserve act per- e s g 0 Seneca Copper. . 2 Colbr.bluesanaier 09102 | mRcreasiscu sy 108 107 | Int Rapid Trans te The municipal market was slightly mit ber banks to borrow on 4% Leo RuNbEr &t % s Con Pwr Japan 7 1007 1001 | Laclede 5348 D'60.. 1 1031 1031 1031 | Int Rap ’:r (L4 "D‘- - 4 |disturbed by the news that bank fajl- their i mmercial paper and *w Leh Port Cem (214) 4 Copenhagen 4348 *5° 913 Lautaro Nitrate 6 Blty ¢ 80| }:: ‘l‘ar::d’l‘::::.!: E 5 63 xzei;wln :J;::un; ln::\V ln-mlv, in some dlend > brokers has been frightfully 2% L %) ] . % 20 9 1 H t i stponement of interests on municipal e Mo e e | 170 Lehigh Valley Conl. Cofennaxenwratni g a0 T OTEeN N G s i M | intRysCAmS bonds there because of municipal funds 1 tralght note | o4 AN VST ) gt i aLoN “| Liorillard 6s. : 8 Int Ry C Am 6 being tied up in the insolvent institu= v T « 3 | 5 { G ,..;‘\F‘“Lp‘(,; 4 Danfsh Munic 8 A. 1 108% 108% | Carillarad 6% 91 g3 | lowa Cent1sts thns, but this condition Is regarded as M S Denmark ¢ 27 92% SiM | Lorillard (P) 7s..0 1 109% 109% 109% | gan City Ft S 4s... likely to bring merely temporary de- 95 Ligget i Myeratsss: 20 Denmark §%e48.. 20 101% 100 | Lou Gas&E158°52.. 6 102% 102% 102% | KKan Gity Sou 3 faults. Otherwise there is a brisk de- ational | 110! %6 Ligs & Myers Be16), 102 Stnclair Con Of1 (2).. 3 ; 21 (IRRERIEeN 108 1ot | Manatl Sugar 735, 60 60 60 | Kan City Sou bs mand for municipals, prior lien railrond : to “hiold 20 ILima Locomotive... X : 2 Skelly O11 (2).. 33 3 30% | puten Baxe tnd il s | McC'rmek ER 65'34 6 101% 101% 1011 | Kan City Term 4s.. issues, United States Governments and ; e 20 Lima Locomotive. .. & 22" | ; el uteh East Ind 47, 15 1021 L e iog e agne . other high-grade descriptions classed as €qual to the amount of the s i e T L L i ; SR o Dutch East16s'62. 3 102 104 e o1 101 1014 Laxe Snore s a1.. legal investments for savings banks, Hearings cn the Glass bill will doubt- | Sk Loaw's Inawr.(s f snider Packing El Salvador i 1080 | o tsey g A S D L O Despite reports heard in Wall Street less be had. So no attempt to pass the; Sl e - g £ 2 Solvay Am pf(5%). . Finland & f 63 9 a 96% | Nat Radiator 8%a 16 2y FeapansnEsiconibe 'p"”':,"r'"’,"k‘i”‘l'“";"“"lfll'll““'i\lr”- Bt Paul & Bill will be made at s session of Con- 50% Lo Wites (f t 36 E u Porto Sug (1.40) 4 Finland 7s N Y Edison 88tk 104% 100% 104% | 3., road will likely earn its ad- _ i 500 Loose- {250 2 > N'Y Edison § 4 104% | Long Tsi rf 48 *49.. Justment bond intersst during J gre v v 296 187 Southern Cal Ed (2). 5 E 5 French 7s. N Y B < F 215 1185 | .y st during Juj ; - ? i G Sou Dairles,A (1%) French 1%s NT Tl e renre: 41 101 1008 100" | onse shenso0d July and August_and that no defauls Whle it is truc that t ock Mar- 2 Fon G & EIAY (1% S e Sou Dairies (B)..... e e A . 41 3 | L&N4is e will be made on the October 1 payment, ¥et has as yet li any. banking 0u G & Fi ) 36% Ter 515,8°30-"35 rets 463 N Y Tel 6541, 5 106% 106% 106% | L& N 548, the atinsam Sy yment, il f Nom o banks 275 Louis & Nash (1) Southern Pacific (6).. German Bank N Y Tel 6549 110% 110% 1105, stment bonds continued to sell £upport, and that three New York banks. Southern Rwy (8)... il g seesen ‘ ' at their record law level. Other second~ 1 o N3 ¢, are eve 24'; Ludlum Steel (2).... North Am Ed b: 103% 104 | ManRyJst " T 28 Mae And & F (12.85). LR ) Ger Gen Kileo 7a 3 107 oo me e a2 10278 10 | R Ryate 43 Benver & Rio. Grands westonrs, it last 10 days. the precipitous and disas- 39 McCall Corp (23%4)... AT AT Slsba Nor States Pwr §8:.. 4 201% J01% | 10 L T e e general lien 4s, Erie 55, Florida’ East trous market decline of the last two 31 McGraw-Hill (2).... el ol i : Greek 6363 R Pacific Gas & El 5 102% 102% | Minn & StL ret 4 Coast 5s, Missouri-Pacific 51,5, Seaboard weeks has had to reckon with another 61 McKeespt T Pl (15).. Sbarks Withngtn(i), 18 16w | Hastes.. 941 | Pac T & T 1st bs 102!3 1021 | N SUP&SSM con 4a. Airline 6s and Southern Raflway 4s factor just as important as stock selling McKesson & Hob (2) Shasr B co .. T 7ee | Hungary 1%s..... 99% | Pac T & T bs 52 51 100% 1050 | M SUP&SSM 6348, o were heavy. In the industrials the large by the banks. that is. the public apathy 14 McKes & Ro pf(3%) Spear & Co pt (1) Irish Free State 5s g | Pan Amer Pete 6s. . 3le 10313 103% | M K & Tex 48 (B). 714 | dealings in National Dairy Products towards stock buying at this time. MecLellan Stores Ebshess ok 4405 . v Paramount 6s°47.. 1 1008 100% | y K & Tex 15t 43, 51,5 featured an otherwise dull group. “In the present decline, the biue chip 46 Mack Trucks (6). . S e ] 5 et L | Pathe Exchange 7a. 0 70| M KAT prin batA) The price of the issue improved a sha #tocks are being thrown overboard be- 111% Macy (RH)&Co(nt3) SR MER Bt (3D 3 s idion ;| Deonles Gas 5s 103 | Mo Pacific gen 4s. % | from the 1930 low made in the previous fore the speculative ones—that is, the 10% Madison Sa G (1%). BPfepelMan 8 () e 97 | PailacCo 5 ‘67 100 | Ao Pac 58 B 11, re 99y, | session, g00d ones are bring sacrified at any 5 30 Magma Copper (5) StanG BRARIS (1), panese 518 '65.. 51 ¢ 9 90% | Phila & Read 6 99 8 99 | Mo Pac b1sn 43 ev. AR price, while the cheaper, ‘near-silk’ ones | 12 612 Mallison & Co. . Shd Brandant (1), Japanese 633s..... 2% 103% | Phillips Pet 6%s. 9 4 4% | Mob & O 414817, .. | " o Y are being held.” said one large broker { 134 Mandel Brothers. A myandanc () Jugoslavia Bank 7a 2 | Pierce Oil deb fs. 106" | Mont Tem ret 5841 :| Washington Stock Exchancq : Stand G& B (31) a Kreuger&Toll 5x ct 95% | Por Ric Am Tob 6s. L Bsychology, but everybody is doing it 241 Man Elev mod g ( i EANAGE BRr 8 e B Eyonsien 104 | Postal Tel & C5%s 20 ]:a;.::c"“,fis;&: 9 SALES. vi T ry littls 1ho OI1 E: 6o 5 5 . gL SR 4 2 K Pub § 15867 i | en g i only one result—a further decline in| 3 10% Marmon Mot (h50c). 14 Lty ',n",::,:::g:;‘) Mex 45 1904 asnd 10% | Pure Qi1 5%837... 14 N Y Cen deb s w:'sm:;u‘m g;’: 2:7:‘7.'2‘330“3- 1008 stock prices.” | 4R8% 39 Marshall Field (2%) 45 tide 5 Mex 451910 asst. 1 N Y Cenrfim 4%s 5200 at, 100%, $100 at 10035, Jesterday. “This 1s mad and disastrous | 8% Man Elec Supply. Etreet is o thick with pessimism that 35 Mathieson Alkill (2). 18- 380 3 Stand Oil of N J(12) y Ll L it can be cut. 44% May Dept Strs (n2).. 33 5 1 Stand OIl N Y (1.60). Nt ¥Coprright, 193 North American News- | 144 Maytag Co (12).. 3 18 5 ] o Stand Plate Glas: At { 76 Maytag Co 18t pf (6) Starrett (LS) (1 Didw B Welus 31.. 2614 Melville Shoe (2) Sterling Sec (A). ... Rt L 15 Miami Copper (4).. Pt Lo O 5" Miami Copper (4).. Stewart-Warner (1). MIcHIER S Stone & Webster (4). s Middle States Oflct. . e M avhistaOn) Studebaker Co pf(7). 20 i . ew Submarine Boat. . Midland Steel pf (8). Sun Ol (11). 12% Minn Moline Pwr. Sun Oil pf (6) 1% Minn & St Loufs. .... Superneater (1334) 35% Mo Kan & Tex (1), .. Superior Ofl e 100 Mo Kan & Tex pf(7). Superfor Steel. 65 Missouri Pacifie. . s . 1204 Missouri Pac pf (5).. k;‘,;‘};’,f;n‘m"m 18 Mohawk Carpet. .... ‘(A Symington (A) tive stocks lost 5.7 points, breaking o) Telaut Corp (11.30)., 5 through the former low level of Janu- g foe Gkt LS Tenn Cop & Ch (1)... 5 4 . Poland 8. ary 3, 1930. It is now 124 per cent . Mg‘:'-‘en?r;?:r Texas Corp (3)...... 110 Quesnaland sbove the low ground of November 13| 72 67 Morrell & Co (440 Tex Gulf Sulphur(4) %0 tisborspal 1929, and 23.2 per cent below the 1930 el e B Texas PC&Ofl..... 36 sekeris e high point. Commodity prices also were S m:r,%d‘”c; e Texas Pac Land Tr., 177 19 g Rhine Wst EP 6s'52 weak, grains, cotton and sugar drop- b ”"' “,'h “l ; % Thatcher Mfg (1.60). - 3 9 Rhine West6s '53. . ping to new low points. Copper. was 7 M"‘;’I’;‘! “;e @). The Fair (2.40) 2 \ Rhine Wst EP 78’50 zold at 111, cents by seweral custom DA < _“--;N The Fair pf (7). 108 Rio de Janeird 6%.. smelters, but majority of producers held il oot Thermold Co (2) 17 Rio e Jan §s "46. .. price at 12 cents 121 Murray (b2 %stk). Third Avenue. ; Rio Gr du Sul 6548 Corporation nefws is for the most part P o) Third Natl Inv (3). 8 5 Rio Gr Du Sul 83 unfavorable, with dividend reductions 30% Nash Motors (6). 5 Thompson (J R) (3 5 3 |Rome 6%, and omissions prominent. Granby Con: 118~ Nash, Chat&StL (7). 70s ‘Thompson Prod(2 40 3 R’y’l Dutch golidated Mining, Smelting & Power re- 1214 Nat Acme (134). Thompson Starrett.. 9 Sao Paulo 85 ‘36 Seht o §2 9% Natl Bella Hess. Thomp-Star pf (3%) 2 Sao Paulo '50. cents, ortlz 71 Natl Biscuit, n¢ Tide Water As (60¢). 97 Saxon (PW) 7a. ment reduced quarterly payment_ from 1421; Natl Biscuit pt (7).. Tide Water Aspf (6) 2 Seine 78°42.. 74 cents to 50 cents. Southern Ice &| 53% 51 Natl Cash Reg.A(t4) < Timken Det Ax(80c). 13 Serbs Cr Slov Utilities omitted both payments on pre-| 62 45% Natl Dairy (32)..... Timken Roller (3) a7 % i | Serbs-Crot-sio ferred and participating preferred | 16 Natl Dept Stores (2) “ Tobacco Products... 14 Soissons 6. Tobacco Products A. 12 Sweeden 5% . A Natl Distillers (2) i | 294 Natl Lead (18) . Transcontl O1l (30c). Swiss 5148 46. Transue & W (1).... 11 Swiss Confed § g1, | Rem Rand 6% s war 4 Washington Gas 6s “B"—$1,000 100 | Richfield O11 63 "44. 47 b o 1051, - 104% “gtnc}-}r g:: g%-. 3 4 W:;hl:f'on& !z:ryhf. !:1;«;.0:‘3—::.0%" Sinelair Ofl 78 . $1,000 at 85%. 1. o | sinciair Cruae i Nyent 9 $1,000 At 85%4, $1,000 at 85, $78,0. 1041y | Stneialr P L §s < 9uie Bxm | 7 at 85. 4% | Solvay Amer 58 4 Capltal Traction Co.—4 at 60'5. 981 | South Bell Tel Norfolk & Washington Steamsoat rts, Southwest Bell 58 b ; W.1.—20 2t 16, 20 at 16, Stand O1L NJ 4 7 81 Potomac [Electric 5% % pfd—18 at Stand OIL N Y.4%s. : H&Hevdbes 4 123 4. 15 at 1071, Sug Es Orient7s... NH&H elt 6s. . 105% | Washington Rywy. & Electric pfd.—10 at Tenn El Pwr 63 *47.. Ont & W 1st s 47 9815, 5 at 0815, 20 at 987, . Mt Cob e BT e § Hioiy i Lanston Monotype—10 at 118 Tex Corp cv 6844 : 3 | 3 78 Mergenthaler Linotype—10 at 97%. Transcontl Oll 6%8 Y %N - “;.V' AFTER CALL. United Drug 5553, 2 i Potomac_Electric 6% pfd.—5 at 110. US Rub 1strfbs,,, 18 & D 984 Capital Traction Co.—! 6012, 100 at | US Rubber 73 i e : 6014, 25 at 6014, 25 At 60, Utah Pwr&Lt 113% Y BONDS‘ | Utilities P‘WI'S% . . 91 | Ore Wash 1at 4s. 913 Bid and Asked Prices. 1 1 831 | Walworth 6s°45..., 1 991; | Walworth 6338°35. 5 99 | penna con 4% 5 101% PUBLIC UTILITY. t 1% | Penna gen ¢ 4% 1 b ) Corporation News NEW YORK. June 19,—~The following | s today’s summary of® important cor- Toration news prepared by Standard Etatisti-s Co.. Inc.. New York, for the Associated Press: Norway 6s ‘44 Norway 6%s°52. ... Orfent dev 51 58 Orient Dev 6553 Paris-Lyons-M 6 Paris-Ly-Med 7s... Paris Orleans 5%s. Firoien'ev......c. Peru 6861, Peru 7s. News Trend. Heavy liquidation, with prices declin- ing sharply, again were the features of the securities markets on Wednesda Our composite index of 90 represent - 106v; | Varn Bros P 6s°49.1 Amdr. Tél: & Tolee: W Warner Sug 7s '39. . Penna 4% 563 100% Amer Ter & Teisa 42 % | Warner Sug 7s *4i.. | Penna gen 53 109 Am. Tel. & Tel. cil. tr. 5s.. Western Elec bs. 1044 1 3 1 4 | Anacostia & Pot R. R. 5s Penna 5 °64. 104% Anscoruis Westn Unfon 6s'51. 10 103 Penna 6% 10974 v | 6°% £ 1o 5L N White Eagle 518 Penna O&Det 448 981, Capital Traction R. Peoria & E inc 45.. 31 R R LT R Pere Marq 1t bs. 10414 Potomac Elec. cons, | Pnilippine RR 4a. . 2714 Potomac, Elec. s 1953. . ] PCCAStL 58 B 15, 2 109' Wash., Alex & Mt. Ver. cif. Port EIPL6s..... 99%; White Sew Macn... 1 Willys-Ov 6145 °3; 4 Win RepeatAr 7%s 5 Youngstn S &T bs.. 38 # RAILROAD. 967 | Atchison gen 4s 21 95 96 | A, T&SKev 413574 Atl & Dan 2d 45 48, 53% e S uD keSO RRNA AR AR L N SR AN TA RS BB B IR D AN SAAN 9 0 e The Companies. | 116 Natl Lead pf (B) (6). : e Industrics had deficit| 58% 32 Natl Pwr & Lt (1)... 153 37% a7 4 83 | 2 9% Tri-Contl Corp. $162,220, | . 1% Natl Radiator. : Tri-Cntl Corp of (6). 110 A9 oents BhaTe. | ) 101 Natl Supply (5). Trico Prod (2%). ... Alpha Portland Cement declared | 113% Natl Supply pt Twin City Rap T(§4) 4 quarterly common dividend of 50-cents; | 6912 Natl Surety (5) Twin City R T pf (1) Dia Kingmisis Shst quarterly disbursement 2415 Natl Tea Co (2). Und-ENl-Fiscner (5). puyo @ Armstrong Cork stockho 54 43 Neisner Rros (1.60). Union Bag & Paper.. 0% o | Urleuay iR right to subscribe to new 3 15'4 Nevada Copper (1%4) Unlon Carbide (2.60) 69 ¥ieuns ¢u83. vertible debentures at 98 in proportion Newport Co (A) (3). Union Oil of Cal (32) 62 3 3 7 | Warsaw 7 of $1,000 principal for each 83 shares Newion Steel 5 Infon Pactas e &lock held ) g 30 XX Alrbrake (3:80). Tnion Paciaorig Tekosinse ] Cities Service has purchased 2.5 ad- ‘entral (8). . T ") yn Un 1s ditional acres prospective ofl iand in N Y Chl & StL (6)... T MISCELLANEOUS. Buft R & Pt California in last 90 day 108 N ¥ Chi & StL pf(6). Utd Alrcraft pf (3).. Abitibl P&P 6 *6; 845 BUG B4Y% | Can Nat 414867 Commercial Investment Trust to act' 43 33 N Y Dock Utd Biscult (1.60) Abram&Straus 5348 1 99, | Can N e asm e as financing o zation for Stewart, 4 N Y Dock pf . Utd Carbon (2). Adams Exp 4 R | Can Nat 55 July 69, Wa jistributors 178% N Y & Harlem (5)... Utd Cigar Stor Ajax Rubber 8s.... 2 66% CanNATE R OGU ey Alleghany Cp 5 98% | Can Nor 633s. .. Alleghany 6849 Utd Cigar Strs pf. > AlllsChalm 6837, Gtd Corporation. ... 1720 Am Agri Chem 7% 3 Wash. Balto. & Annap. 5s. Washington Gas 58 Port RL&P53'30. 2 100 Wash. Gas 66, series & | Port R L 63 47 Wash. Oas 65, geries B oA Ah. Ry, & Blec. 45 : MISCELLANEOUS. | Reading gen ¢34 A Barber & Ross Inc. 6%as.... | At Coast L 15t 48 90| e e Cham.-vanbit Hnl‘;l‘lh',x, B&O gold 4s Kio G West col 43.. B°C Faver Mixoe. . 1043 R & O cv 415533, RIATK& L 4 %3, ¥, S o sloruee 5 1047 B&O 418760, 100 | StLIM&S S8 o T R £ 1075 | B & Urer b8, 34 1034 | SILIM&S REG 48, STOCKS. i I LU el 4x 10315 SIL & SF pl 48 A PUBLIC UTILITY. S rEmraNces A 105 |Sim&SF4%aT8.. Amer. Tel. & Tel (d9) : "“'{' bes ’[L:‘WX A 16 104 4 139‘4 | SIL&SanF 55 B 3 3% | Capital Traction Co. 14):1:00 | B&O PLEWY 48 9 414 | SLL S W con 4833 b Gas Lt Co. (181 SW 8 89 o s IRcith B & O SW 63 50 ¢ 104 | S(L'S W 6a'52..... ? KNIV Riumboat Tokio 5348 ‘61 3: B & O Toledo e Bb% | SIP & KC 97 Pot. Elec. Power 670 pfd Ches & O 414593 A 9813 | StP Un Dosphhl;.'* 0 Pot. Elec. Power 51a’ 861 | Boston & Maine 6 | Seaboard A L 4s ata 3 56 Wash Rwy. & B S Seaboard AL cn 6s. 2% 5315 | Wash.. Balio: & Annsp. com. 5| SB AN Fia 68 l:.A Wasii. Balto. & Annep. pfd... | SB All Fia 6335 B.. NATIONAL BANK. | Sou Pac ret 4 Capital (14) ... p- = - bia (12) | Sou Pac 434 reta. . 9 Commertial (stamped) {10y Sou Pac 434569 ww District 8 o, Sou Rwy gen 4 3 Federal-ameriéan 10y Sou Rwy con & 2 108 Lincoin 2% Sou Rwy 68 °66.... Metropoliian Sou Rwy 6%s.,.... Riggs | (13) | Sou Rwy Mo & O 4 Wathinston "(idy 1000 ; Tex Ark F'S 5% TRUST COMPANY. Texas & Pac 1s Amer. Sec. & Trust Co. (18 eaB333335 Bklyn Manhat 6; ): N Y Invest (1.20). Foster Wheeler Corporation three 1281 104 N Y N H & Hart (8). hs’ bookings 20 per cent above 1929 116 NYNH&HDf (.. iod . N Y Ont & Western. . el U Utd Dyewood. ...... 10s Gold Dust paid off £4.300.000 6 per 100~ N Y Steam pf (6) cent notes of American Linseed, $2.200,- 070 Standard Milling 5!, per cent note alled for redemption July 2 Con: n Smelt ¥_common dividend of orth Am Aviation. . orth'Am(b10%=tk) 227 North Amer pf (3).. 3 No Ger Llovd (3.43). 1 )4 Northern Pacific (5). 2 71 North Pacific et (5).. 19 Utd Eiectric Coal. Utd Fruit (4). Utd Gas & Imp(1,20) 338 Utd Gas & Imp pf(5) Utd Paperboard. Utd Piece Dye W 3 Am Chaln 6833 Am For Pwr 5s 2030 .| Am 1G Ch b%s 49, Am Int Cor 545 49 Am Metal 61:8'34. . Am NatGas 64842 6 AmSmit& R 1 | | Tex & Pac 53 B 77 | Car Clin & O 6s ' 4 1081 Cent of Ga 5s 5 100%, Cent Pacific {Ghes Corp 68 "4 Ches& U 4%s B 96 Tol Tr L&P 5% 8'30 Continental “Trust (61 A Merchants' Bank & Trust (8).. National Sav. & Trust (12¢ Prince Georges Bk & Trust... Union Trust (Ag) . Washington Loan & Trust' (14). SAVINGS BANK. Ceiliba, Utd Stores (A). C B& Qgen 48°53.. Bank of Bethesd! Paid 82 quarterly, Ches & O gen 4%s.. 9 Blaloecli i) Qommeres & Sa CB&Q1strt b o | S Potomac _(10) TeT Chl & 15 11l gn 63 51, 29 5% 6 F 9 SETURtE Seet Gy B Am eLtr b ChiGr West 48’59, 33 § even reet . Am T&T 8 1 b Chi M&St P 4280 1 URBEGISt ISt N Washinaton Mehanics L AmT&T 5% Chi MUESIP 4 %8 &8 1 virginfa Ry 1st & FIRE INSURANCE. Otis Elev. n(2%). 58 61 | % US Alcohol (17). Am Water Wks 6 4 1 1% | Chy M&StP 4%5'89 15 Va Ry & Pwr 68 N T T § Butter—One-pound prints, 38a30; 2 (1308 127 ; % US Leather... : | ChiMuStP&P 5875, 41 L e Coreoran (10111001 tud, 36',a37' 27 s Steel 12%5). . 4 27 2 2 Leather (A) K <l & 9 Y |CM&SLP Pac ad) 5s, Wabash b Firemen's () . e Hennery, 24a25; current re- 46 Owens.IlGiass(nd). 3 47 Leather pr pt(1) : 189 | Armour. Del,s% | Cnt N W 4368 2057, . National Union (8. it 2 52' Paclfic Gas& El1(2). 23 581 Pipe & F (2) 3 14 Ass0 0l & |Chi& NW s s 120 Wabash 5% TITLE INSURANCE. \ Pacific Lizhting (3). 24 7R% f R 7 5% § 2 Cni \W ref 5. 1 | Golumbia (6h). . Leghorns, 20a23 Pacific Tel &Tel (7). 190s 135 5 Chi& Nw 648 15 110 109% West Pacific ba, .. 6 e &'ine. &5 wa"com: horn fowls 16 | Packard Motor (1).. 419 135 E "llb)ll:;’l’.rl‘g; R ' MISCELLANEOUS. 15. Dre 51 Pan-Am Petrolm.... 3 56' b41; & 5| 36 Smelt R . TR T e e Barber & Ross, Ine.. 45047; small, i) fm; Pan-Am Petm (B)... 176 543 : 5 Borden Co. Expands. | Western Auto Supply Co. Chevy Cn: Dairy pid. (1) fow} . 41 Panhandle P&R.... 13 77 ) 46 14 eel DE (7). 1000 roosters, i7% 4% Param'nt Publix (4). 496 57 5 59's U S Tobaceo (4) 3 « 19 Park & Tilford (33). 3 2 Univ Leaf Tob pf(8) 100g 9% Ofl Well Supply..... 3 % 3 54 Utd Stores pf. 86 Ol Well Sup pf (7)..3008 U S Distributing. 4 Oliver Farm Equip.. 24 U S & For Secur. . Oliv Fr Eqev pt(3).. 2 U S & For Sec pf(6) OlivFrEapfA (6).. 3 U S Freight (3).. Orpheum Cir pf (8).. 108 U S Hoffman (2). Am Sugar Ref 6s. . Am T&T cv4 %4839 Am T&T b8 '65. broilers, larg VIRGINIA FRUIT CROP LIKELY TO BE SHORT | novel GYORK. June 10 (7. The| NEW YORK. June 19 (P)—The golcsg;flre? Mis. pegre:, {7 Borden Co. has acquired the Jessup & b Dist. Natl See. ptd. (11071 °00) : Antrim Ice Cream Co. of Indianapolis | VeStern Auto Supply Co. of Kansas| Buer “&romn ael Indications are that Virginia's fruit| for 6,000 shares of Borden capital stock | CIty reports May sales totaling $1,361.- | Eederal Storase vra s ... fr"lcl' for this year will be short, With and ‘the Cairns Creameries, Ltd. .of | 750, compared with $1,382.043 in May | Fed.-Am’ Co. pfd (8) £ X s Tears and peaches being main | Niagara Falls, Ontario. for 3.481 shares | last vear. Sales for the first five | LARS'9R, Monotvpe &) . houlder 5 Pathe Exchange (A) Vadasco Sales Corp.. fruits to be affected, according to June | of itock. The kR g o e firs ve | Mer. Ter & Stge. com. (10) 5 iy Univ Pic 15t pt (8).. 408 & PuEueuan Univ Pipe & Rad. 38a32] | 9" Parmelee bl ders, 22| i Pathe Exchang Util Pwr&Lt A (o2). dews, 3.00 5 00 >eople’s Gas, Chi (8) & Pwrpf (7)., 30s 3.00; blac 7524.50 Jerries, © Marquette (18). Vulean Det (4). 6905 per qu 30z appies. 35024.00; 94% Pere Marg vr pf (5) % 99% 99 3 Wabash. 26 otanges, 6.5047 5 ns. 6.00 {2 177 Pet Milk (1%). Vegotat Potatoc W, 4.5005.00; | 19 Petrol Corp (1%) old, 100-pound sack 55 tomatoe 29'% Phelps Dodge (3) G sisEpps, 1.00a1 Floridas, 250:" 47 PhilaCo 5% pf(2 spinach. 150 kale, 75 cets, per 100 11% Phiin Read C & 1. bunches, 300 e per 100 &1 Philip Merris (1) bunche 00; string b 1.00a ] 20 Phillips-Jones Corp. 200: ¢t per_ 100 bunches. 3.5 29% Phillins Petrm (n 24.00; cucumbers, | = 80 Phoenix Hos pt (7 691 Plerce-Arrow pf (6). e 1 Plerce Ofl. 20% Pierce Oil p New York Central 24 Plerce Petroleum. ... NEW YORK, June 19 (#).—The an-| 3 28 Pillsbury Flour (2)., nbal report of the New York Ce: 41 Pirelli, Italy (a3.14). Railroad “shows that the company la: 54 Pittsburgh Coal. . 3 214 B3 544 | year sold all of the 154 hares of New 17% Pittsbgh Screw 1.40. 9 197 York, New Haven & Har 2074 Poor & Co (B) (2). stock which it th n owned. P Rican Am To A(7). $61,000 par value of N Haven 6 per P Rican Am To (B). . 5 4 listing of ‘these 9,381 Hecint ok § e e e 17 Patimodinerl L 11 : vanadium Sl (14). . 2 report of Pederal State Crop REporting shares of additional stock will bring v:::;;\m'dm‘fimyr:;l;?tax;dhss.[(;‘b'&gm #.‘ir,nxln{d','}’u‘fi;:. ’1,: iy 2614 Penic! or 370y g 5 h Borden's total outst: ital up t e i e & ; ng lambs, | 110 107 = Penick & Ford pf(7). 98 Vicks Shrv&P pf(5). Spring frost and freeses did more | 4 o0a v shm.;"::f;z'?sd;gnnr';:rl‘nn:c:;flcal; T e Booios, DruE Blores pid. oo ad 50 4 45 IR IO B 5 ; Vick Chemical (2%). damage than was revealed earlier in | sioek. T e - | Security “storage ide) . ) Fruits : < £ 1005 935 Penm ey OV DDA 3 Va-Car Chem. i the season, and young fruit has suf- | ¥ 3 When Dr. Charles Hecks of Glasgow | Ter' Ret & Wh. Corp." (3) peaches, 3 f s i Penn Dixis Cement.. 2 8 g Va-Caro Chem .5 3 " | fered further from prolonged drought, Royal Infirmary, Glasgow, Scotland, was | The, Caipel Coro. (1501, - BN cant Pentia R R (4)... ro Cnem pf(7). “11 764 | the report states. Continued cool dry| Pina cloth, made entirely from the| wanted recently as a witness in court, | Wash Meq. Blos Corp weather has caused almost as much | fibers of the pineapple leaf, is being | he was traced by radio until found in a | Woodward & Loth. pfd. (7 damage as late frost. | made in the Philippines. | London hotel. 1Ex dividend. | Waldorf Svstm (1%) 2 265 e NEW YORK STOCK EXCHANGE | li: Ward Baking (A) % extra Ward Baking (B) . slrelnl.v —- Ward Baking pf (T).. & 6 ; Received by Privat to The Star Office. T o Warner Bros Ple (4). 821 s ! b vl gttt INVESTMENT TRUSTS Warner-Quinlan (1). 41 . Warren Bros (3). 70 —Prev.1930— ~Prey.1930— Stock and Sales— Prev. NEW YORK, June 19 (#).—Over-the- Warren Fdy & P (2). 42 9 9 Hish. Low. - Add 00. High. 3 g ‘High. Low. Dividend Rate. ~Add 00. High. Low. Closs. Close. | cOunter market: Webster-Eisenlohr.., 2 5 o - As.. 29% veston Kl Instr (1), 16 0% | 77 46 * Yale & Towne (15) 2 48 46% 47 L Webster-Eisenlohr pi100s 59% 32 WestvacoChlor (2).. 1 : 324 124 Yellow Truek, 298 '22%° 20% 20 |Am & oversens Ty il Wessa S BRORY: T 20k 110 Wheelilng&LEpf.. 1110 110 47, 32 ToungaSpring ()., 3 3T 32 82x | Affoc’ stand r;nfi essO&Snpf (4).. 3 5§ 20% White Motors (2)... 27 30 20 3 9 | 16% 5% Zenith Radio. st ‘ 10| BRarteren Tovest com. .. West Penn E1 A (7).. 10 " White Rek MS(t4%) b 44% 41% RIGHTS EXPIRE gomor‘au:’ Trust sgfi s West Peun I bt (6). 20a White Sewing Mach.. 18 6 5, G 16 AmTel&Tel.Aug 1 611 174 164 16% [ Biversified Trisiee Shases B West Penn I pf (1) 203 WhitSwMchot (). 1 24 24 184 5 26 19% 18% Diversified Trustee Shares ... West Penn Pw (6). 105 Wilcox O1 & G: 116 16 243 1 % FiXed Trist Shares 8. Western Dairy A (4) 1 Willys-Overland. ... 31 : % Gamewel 20 U Guardian v Ty 10 Western Dalry (B).. 1§ Willya-Over pf (7). 3 6 6 30 AM..... 00 Noon fncorparated "Eauiiien 111111 : Western 2 9 WHSOD & CO. v .. vnes :30 P.M. 00 2:10 PM...... ves n L S elirt woivertible debsntiires PHletpeo- 47 Postal Tel & C pf(7) AVestern Md 24 pf. Wilson & Co (A) . Distiwiit Tates ven in the above table are the annual cash | Jacksom & Curllt Tavers Saioc: ales totaled $2,050,- | 36 Prairie O1l & Gas(2) Western Pacifle. Wilson & Copf.. .... e is e Hia 100 At et TEaitly Sxirs thnone | faekan O There :1ill remain in the New' 60 44'< Prairfe Pipe L (15).. Western Pacific p! 3 39 2 Woolwarth (2.40) £ In"stock CtPAvABIE I Scrip TPTus 5% In StOCK & Paia tnst sear— | Overerns 8 Sork Central's {reasury $360000 of 6 16 6l Pressed SteelCar... : | . Westarn Union (8).. . 1505 168 Worth Bump. ... 211 v Teguian el o Pavabizn stotk i Pacanle vien eqrned eyl |8 e ! per cont deben{ures and $300 of The 3!, 18 52% Proc & Gamble (2) vesting 3 i 3814 9 Worth Pump(B) (8) 2 3 * in stock. & Plus 3% in o Tatee St andard O Sh N o deuentuios b et o i Westinghae E&M (5) 1898 Wrigley (W (0ax 11 20| BE1E iodp ok P 45" un winck. " Plin 35 ln ek’ 8Pl Frastee e n S aharey o