Evening Star Newspaper, July 1, 1930, Page 15

4 FINANCIAL. THE EVENING STAR, WASHINGTON, D. €., TUESDAY, JULY 1, 1930. " FINANCIAL. *kx A_1§ seerd o ez | MUCH BEING SOLD 1., o222 BUSINESS SURVEY (VETERAN LEADERS ) % 1% 1% Liverpool cables and rather a more fa- ev. 1930, — Steskand Sales— 3% 1 Mavis Bottling. 1% 1% 1% 1% POO] d rather & i =4 : stai . 5 PSS = a tendency to “draw conclusions.” This | \aty new partnecs hev beo principal groups of commedities, maree:| CHICAGO STOCK MARKET | {ime baze factual statements of business | Secanse o abiies: diominses th o sied fourths of the outlets were extending are announced, without comment. ing period following the Autumn cras Hedason. Power Corporation The Niagara-Mohawk anhouncement, which was for the purpose of making cB(new)w.i ‘'« Am U&Gen B vie 400 ¥ Am Yvette (n) wi... Natl Screen Sve(2) Nat Sh Trm SecA 150 Natl Transit (1)...., B dd 00, Open. Hi; 73 55% Mead Johnson t8.75.. 1 67 67w 67k 6T yorable view of the weather was fol- TR e R e Tk ol ek Memphis Nat Gas 6 14 4 14 144 : . |lowed by rallies on some trade buring L e P Market Closes Lower After! Aero Underwriters.. 1 110 11 a1’ 11| 20 MerChags60).. 2 17 11 17 17 | Practically Every Commodity| *°¢corering todey. ¢ The cireun- | AVOiding Conclusions Which| Thomas S. Gates and C. R. i Alr Investors v.te.. “ % 4 ‘ 3 2 - . 2 H 30 Met Chain Store: 3 78 tion of a few July notices caused some B e Sharp Advance im Morning ke 2200 20" 200" 205" | [ MidStapetvie Bl 1 Can Be Purchased on Par- | near montn niguidation early, but atter | Brought Criticism of Agnew Leave Wall Street ' Am Bakeries(A) (3). 1 32 82 32 82 ok Mid Wat U A wers 1 i o G Tour. Wit t’huelyl:::r?l“r:nfi: i for Oth Sui 5 T % st Ut war. 3 E | Transactions. AmcralEIIOn) 1 16% 11 d5 1ex] I e tial-Payment Plan. e et e Earlier Reports. or Other Pursuits. Am Cynam B (160). 36 19% 19% 19 198 | 36% Mo Kan P L (b10%). 24 about 1 to 5 points around 2 o'clock. Ca An Egnitie 6 14w 15% 14% 14| 6 1 MissKPLv.te. 9 Cotton futures closed firm, as follows: 5 pr e > Bpecial Dispatch to The Star. Am For Pwr(war).. 11 44% 44% 41% 413, 2% % Montecatinl 1 By the Associated Press. High Low. Close. BY JOHN F. SINCLAIR. pecial Dispatch to The Star NEW YORK, July 1—Stocks on the Am Gas&Elec (31). 74 114 116% 112 112 | 128 74 Natl Amer Co.. 7 Practically every commodity offered LS chs B BRI Jutus B Barnes’ Iatest report for the | gl BV, YORK. July 1—The turn of eurb finished lower today, after a dull Am Invest, Ine (B) 5 84 8% 8% 8| 21% 8w Natl Aviation. e through retail stores today may be pur- B BE nd National Business Survey pgnn(rmncl‘ the midyear finds many changes in and irregular opening followed by a Am Laund Mach(4).. 7568 56 57 B6 * 51% 33 Natl Bond & S (25¢)s 1 chased either on open account or in- 173 138 1390 | eaves out drawing zmdu;mm or | Wall street, Numerous firms that opened poe S e » Amncae X 59 9% 88% Bw| 108" 104 Natl DaPrmta (Tye -1 stallment basis, or both. This is re.|July *'': 18 133g 1353 | wisely leaves out drawing concluslons of | their doors’ about this time a year ago The downward trend followed a rise Am Maricabo. e 2 2% 2w Natl Fuel Gas (1) 3 vedled in the national retail credit sur- | O&oper 10 1387 1308 | Be Soremittee, made up of & score of | JAve sold out their accounts”to old- in the call money rate and th 15% Natl Investors 8 vey just completed by the Commerce | December. 1351 1333 1351 fixrfimmv o 'l" ‘defl has been | Cstablished concerns and gone back to drawal of Niagara Hudson Powsr's 2314 Natl Pwr & Lt pf (1) 2508 Department. s 1336 1300 13| mel ed to harp criticism ‘because of | helT original fields of endeavor. Some Plication fo' metge: Wit the Moneoc| 113 Natl Pub Sv A(1.60). 1 Out of a total of more than 35000 S subjected to sharp critic g companies are enlarging or moving 4 7 S R L The promising business signs, at the arrangements regard S Anchor P F (b10%). 1 Nebel Oscar 1% | open credit, 18.7 per cent were extend- - . promising bus b the | but two of the most interesting a Filing. antithie o v o bk AnsloChil Nitrate.. 4 Neht Corp (1.30). e nstaliment terms ahd 30 per cent | o CEICAGO, July 1—Following is the | moment, are easy credit. and the sta- | Pit, (40 0F, (36, MOut, Inleresting an brought selling into virtually all af the Appalachian Gi 6 New Eng Pwr pf ( were selling for cash alone, P s o] 3‘5‘!‘”“"‘(53,5“0‘:‘:“’2 bility of savings deposits. Business te-| One announcement _reads, “Mr. public utilities, and their weakne<s was Arkansas Nat 1 New Mex & Ariz Ld Percentages of stores offering goods | today NOIEKICE IERCHANSE | vival /i fifl;'w o e Bwitserland | ThOmas S. Gates, to our great regret, extended to other sections of the list Ark Nat Gas (A). 15 Newmont Min (34).. {on an open-credit basis varied from 35 4 France, Sweden, b 2 having decided to retire from active c 3 gzl Asso Elec Ind (30¢). 1 Newport Co (2). per cent for boot and shoe stores to 98 | S0l areds STOCKS. and Czechoslo d:fl Are oted. port will | Dusiness, withdraws this day from our Bond & Share Down. AssoGas & Elec..... 1 N Y Rio&Bu Aires, per cent for Jumber and building ma-| 300 Abboti _Lab.. ] A careful reading o ¢ business | firms in New York, Philadelphia, Lon- Electric Bond & Share in the last Asso GXE (A) 12.40. 40 « NY Tel pf (6%).... terial dealers. 450 Acme _Steel show no rxt(mrdm:k\;v !’K‘T‘:-:n‘(“d"“‘ ,‘;“;-C don and Par This announcement is hour was down more than four points Asso G&E (A) db rta % Niag H Pwr n (400) Auto Tnstallment Sales. 600 Allieg Mot Tnd g iy g B Yal the | $i8ned by J. P. Mérgan & Co. New from its high of the day. American Asso Gas&El ctfs(8) 17 Niag Hud Pwr.A war g level is far from stabilized, even at the | yoiy ' hrevel & Co. Philadelphia resert record lows, and that bank |aroin “Grenfell & Co., London, and flqrmarg;:-:tga security loans is probably Morgan & Cle, Paris : o ‘ not col 5 comes University President. In submitting the report, Mr. BaInes | qyomqs 5, Gates closed his' desk at wrote: Drexel & Co. for the last time late Mon- S fidence in its nt of the University of Pennsylvania, try is submitted with con! a position which, at his own request, essential accuracy. biased facts at | CAITies With it no remuneration. ‘The Klthfl‘\n.B of l’:"‘ hasis \\'}1!’!'(5 This is the second Morgan partner in this time is placing the emphas | recent years to give up one of the most it should be, desired positions in finance to enter Luis Montes de Oca, Mexico's secre- [ public life. Dwight W. Morrow, recent- Asso Laundrie 13 Atlantic Lobos. Aviation Corp of Am 4 BancomitCorp(1.60). Bickford's, Inc (1).. Blisa Co (E W) (1).. Though many of the 33 lines of trade| 309 4m “Srhifice had only a small percentage of stores| 200Am Radio., offering installment credit, there were| 302 Assoc T & T - 11 lines of trade which had more than 600 Atlas Stores one-third of the outlets offering these| 930 Auburn Auto terms. The highest percentage was for [ 1% Bastian-Blessing automobile dealers, 986 per cent of 10 Binks Mfg..... these outlets offering to sell on an in-| 6500 Borg-Warner stallment basis. Only five of the 33| A100Brach & Sons groups of commodities were not offered | 850 Butier Bros for sale on this basis, these being bak- 200 Castie A M. .. ery products, boots, shoes and -other | ;.31 Cent Il Bub Se footwear, groceries and other food prod-| "100 Cent Pub Serv Del. ucts, hay grain and feed and toilet ar- 350 Cent Pub Serv A. Superpower, American & Foreign Power, Cities Service and others also declined during this period. Among interesting _miscellaneous movements in the fourth hour were: Recoveries in realty and allied issues, Weakness of store shares and strength Blue Ridge Cp (40¢) . in trusts. 447 23% Blue Ridge cv pf(ad) Consolidated Gas of Baltimore Tose | 55' 5% Brazil Trac& Lt (2). nearly 3 points in response fo its earn- | 10% 7 Burco, Inc.... ing report for the 12 months ended| 4 Burco, Inc (war). May 31, which showed net income of | 41 Burco, Inc, ev pf (3). $7.711457, against St 76 in the| g X i previous year. 3% Cable & Wire A rets Niag Hud Pwr B war Niag Shars Md(40c). Nipissing (30¢)..... Noranda Mines (2) No Am Aviat A war No Am Lt&Pr(b8 %), 4+ Noth Euro Oil Corp Nor Sta Pwr A(8).. Ohio Copper... Ohlo O1l (4). .o ©Ohio Oll pt new (6).. Outbd Mot(A)(1.80). Outboard Motor (B). Ko CwBm eun e & o v s : ly successful in his fight for nomination “abi B) rets 2 Pacific Finan (1.43). Tt i 950 Cent & So West ... vho is in New York |V 5 Midiand Natural Gas A shares ad-| {, CabEWirept(:1%0) Fac Gackil 1t o 13 e tore thin 60, et went of the outlets | 280t & 8 Wial 5t ; e seing. with Tternational bankers | a5 Republican Senator in New Jersey, vanced 3!, points as the company| g Canada Marconl.... Pac Pub Sve (1.30) sold goods for cash and on open ac- | ,10Cent States Pow 88" a4 ' 94| exico's outstanding and foreign debt,|%as a Morgan partner before becoming offered an issue of convertible deben-| o Carib Syndicat Pac Western Oil. ount oniy, mot offering Ingtaliment | 200 6hcliv'® Con Ry MM Y M | G O nd e esentative of this | American Ambassador to Mexico. tures today. American Natural Gas| i Celanese Corp. ...~ Pandem Oil... 0 terms nor requiring strictly cash 000 St Claos aPhis 1 15 1931 | Retphbor republic to negotiate loans in |, Another important retirement today improved. “Southern Natural Gas top- | ag Celanese Corp pf(7). 258 Param’t Cab(b8% ) M Returns and allowances in retail stores | 3900 Chic Corp . ' 10t | S hnited States. ‘rr:m’;n'onfc?)::w National Gity ' Bank pled 6 points to a new low for the | 103 Celluloid 1st pf 18.60 508 & Pennroad Corp (20c) 87 throughout the country are estimated | 1100 Chic Corp pf 3 37 a8 Sixty-six years ago, when Benito| DI i he City Ban year, while United Gas old rose 3 points | eun, NP S (A)al76) 1L Peoples L&D, Aaz.40 1 by the department at $3,000,000,000 an- | 25 Gic favesion s Yo and of its trust affliate, ‘the Olty Bank i e f«“c‘i.'f’s?n&‘i\nf.‘%}“%;‘,‘m?’w‘n‘éé‘n'fé‘mé"& Farmers' Trust Co. Mr. Agnew has ne- | served with the latter institution, orig S:éra:/{tc:?c;g ES'J?S?J&Q?“;;?&%?“& Dear | nally the Farmers' Loan & Trust Co, for 32 years, | st at 7 per cent. But the loan fell " The Mexican_Minister at SR hile " " Washington challenged it, and While} peginning as a junior clerk in No- Moot 6,000,000 0f the bonds were beau- | onticl B8 1 JANEE Clexk dn No- and the new stock and warrants ad-| 99 vanced fractionally. 9% Gulf Oil of Pennsylvania, always a| gy wide mover, made the best showing| o5 in early dealings in miscellaneous ofls | g 8s it rose about 5 poipts. Cosden was | g4 up nearly a point. American Mari- | gyiy caibo, with an advance of 1%, was| 148 & SWUtprin7.. 1 Cent States klec 3400 21 Chain Stores Dev.... 3 Chat Ph Al n-v(&0c). 17 Chem Nat Asson-v.. 6 Cities Service(130¢). 80 Citles Srve pf (6)..e Cohn & Rosen, Ine. .3 nually, representing between 7 and 8| 100 Cheo Rys ser 2. per cent of all sales. Installment credit | 20 Shic Yell Cab sales show “the highest percentage of ikt Bearviee ., returns and allowances, being 12 per 5 Cheo Towel pt .. cent of the total value of alsales made 1;,';50"-”';!!}: Edison on this basis. An average of 9.9 per | goconsumers ... cent of the open credit sales and 5.2 | 700 Cont Chic bf.. Pepperell Mfg (8)... 208 Petrol Corp war 3 Pilot Radio Tube(A) 1 Pltney B P, n (20c).. Plymouth Oil (2).... Pitts Plate Glass(3). Prince & Whitely 1 Prince & Whit pf(3 ©re e g ent of cash sales were accounted | 1000 Cord Cor —ready for sale—they e sfer - the most active in South American oils. | i, "3 Colon Oil. . : Fub Util Hold ww. . 27 Tor by returns and allowances. 000 Corp sae ct pEm A m¥fsmr{.N o nmrf;::n\;:solnh:‘]‘;l)ll:‘rL:!}\‘r?n::f“.ké;‘('\r'gthyfi- chnicolor again was a strong spot Col Oil & Gas vic. ¢ Puget Sd P&L pt (6) 30s F 100 Cr Co. Ve r, J. W. Lies of New it} L him t e made assis fn the amusements. Columbia Pictures | 25 Columbia Ple (31%). Pure OIl Bt (§)...... 208 e e Tocrane b e rstary In Rebruass, 1000 st s underwrote a 25-year 7 per cent 108D | gecretary in February, 1900, and vice for $2950,000. After that a score of | president in June, 1909. A graduate of other Mexican government loans fol-| brinceton, class of 1891, and treasurer lowed until in 1913 the Mexican OV |or trustee of a number of institutions, ernment secured a 10-year 6 per ¢ehUjsuch as the Presbyterian Hospital, New {loan for 6,000,000 pounds (over 839:-|York Zoological Society, Army Rellef 000,000). A year later, the entire Fed- | Society, Westchester Conservation Asso- eral debt defaulted. : clation 'and Westchester County Cham- Today the Republic of Mexico Bas|per of Commerce, Mr. Agnew, beginning eight different issues outstanding, total- | today, plans to devote his time to travel ing $265,000,000. This is principal nr]l) and philanthropic work. | Interest—issued in the form of certi? st cates, seript, and warrants—adds an- | other $137,800,000 dmmum:L -°,¢f\',’$ln3c STOPS MARGIN TRADE. $402,800,000. This does not ir NEW YORK, July 1 (#).—A lel railway debt, now almost as large as the | (0“3, cudtomers by Harvey Fioe & | mationatigebe Sons, one of the larest commissio se eight different issues, all in | BODS, e larest sion -‘drfx:x‘lll.[h{;c fabded into a mew loan? |houses of the New York Stock Ex- | ettty b e ofem foday confronting | change, announced that the firm had and Fox Theaters also were active and pointed _higher. Securities Corporation General, with & gain of more than 6 points, was the early feature of trading corporations. Goldman Sachs, after its 21:-point gain of the previous day, appeared in- clined to.rest, but United Founders improved. Federal Screw, weak in recent mar- kets, rose nearly 3 points. American Cyanamid B, which soon will make its Teport for the fiscal year ended June 30. was in better demand on the theory that the report will show earnings larg- er than anticipated. Glen Alden Coal, which broke 211, points in one session last week, advanced more than 4 points on its first few transactions. Fur goods stores were the most haz- | 10 Decker & Cohn. ardous to operate on a cash basis, 16 43-?)35%" gfl\ISPhO‘d. per cent of sales being returned. De- | 100 Elec Research. . partment stores ranked next with 5.9 | 50 Gardner-Denver per cent. On open credit sales musical 500 Gen Thea Ea instruments led the.list of returns and | 30 &¢n, Wat Wks A ... allowances with 22.9 per cent, followed | 235 Gt La Dredge by boots and shoes with 21.3'per cent. | 17300 Grigsby-Gruno Musical instrument stores also led in | 100 Harniscnteges returns and allowances on installment | 330 HyH-Ganel’” credit sales with 15.4 per cent. Furni- en_Bart ture was second with 13.7 per cent | 120 Houdallie Her A and department stores third with 13.1 100 Ind Ter Illum Oil. per cent. 1000 Inland Uil ... 14300 Insull Uil A 500 Insull U pf 2nd’ser 700 Iron Fireman ... WHEAT UP SHARPLY | jimtrers i . 100 Jefferson _ El R 650 Knlamazoo 100 Kellogs Switch Colum Pie v.t.c. 11%. Com’with & Sou war. Comm Wat Serv b6% Consol Alreraft. Consol Auto M Consol Copper...... Con Gas, Balto(3.60) Consol Laundries Con Retall Strs (1) Contl Shares pf (6) Cord Corp. Cosden O1 Courtaulds (50¢) . Creole Petrcleum. .. Crocker Wheeler.... Crown C&S pf(2.70). Cumbeland P L(t18) Cuneo Press (2%)... Curtiss Wright war. Railroad Sh Cp(25¢). 3 Railway & Lt S(15). 50s Rainbow Lu Prod B.. 4 Reiter-Foster (40c) Iteliance Manag. Repetti Candy. Rich Rad cum pf. Roan Anteiope Min. , Ryan Consolidated. . St Regis Paper (1).. " 3 » = & 5 (‘The) Co (2).. Schulte Real Estate. Schulte Un 6e-$1 St.. SepaLock & H (59¢).. ¢ Seiberling Rubber. " 5 T e L UL L L T Py Sy T T T Deliveries Smaller Than Were| 200Ken-Rad T & L. discontinues 1 rgi 2 - Darby Petrolmn (2). 10 Selected Industr, Sk fos and Vel Ri PHATLIE | the bankers and the Mexican represent- | S SC0N Tgt flIL;[,Tfl;gl;gah::;di‘l;& - BONDS ON THE CURB Dy O A e 2t Sel Ind allot cfs & A e L 1001 Lichi | atives. York banker, a|cision was reached so that the firm’ may MARKET. R RElLdge s tov S 2Te, 0 CHICAGO, July 1 ().—Wheat prices n, Oil, Ref | Max Winkler, New York banKethat|devote its “entire business and attention - De Forest Radlo. ... Shenandoah Corp 18 advanced sharply today owing a good e ne student of international debls, says W2 | ;" investment and cash commission S DeHav.Alritdrct 50 1 Silica Gel Ctfs. ... 2 deal to the fact that deliveries here on| 100Manhat Dearhorn. * | “unless Mexico succeeds in developing | {0 BVesy Dresser(SR) A(3}4). 4 Singer Mfg (117).... 20s July ‘contracts were Smallse tham had| 1 Mersbell Peia.. her resources and increasing her come LT, SN &-!I-i:omm( DOMESTIC ml)(.\'ys”“ it Dresser (S R):;{ufl. ll Smith (A0) (2)....2 been Tooked for, - Besides: thets was evl | ag pasteriel Deny A | merce, American lnvestxga;sufirc o?gr s s s e Dubilier Cond & Rad 1 4 South Coast. dence that exporters were outbidding | 18300 Mid West Ut el iprit g v INVESTMENT FIRM FORMED. 1 Alabama Pow 55 '68 102 & 102 Duquesne ik Southern Corp. Chicago for Kansas wheat, and that no| s M4 W UL ¥B" war | the preasni SENIeN is quit v 1 ® 16 Alabama Py 415 67 97 Durant Motors...... 17 Sou Natural Gas. erable addition to the stock of| 450 Miaang NokiCus "A Nevertheless, the impression is quite| NEW YORK, July 1 (#).—Formation 13 Aluminum o 8% 56 Eastn G&F Asso.... 19 S W Dairy Product; | S Hear hire 1a HEEly to FesUIE SR tias| - ASE RTINS (LT e prevalent on Wall. Street that thejof the firm of McCormick & Co.. with Alminum 118 S i e S Hbity re is ¥ A Various national issues will be funded | offices in the Packard Building, Phila~ present movement, on new wheat South- | 33 Aiidiand Unit war.'. west. The total amount of wheat de-| 46 Mid Ut & ivered in Chicago today to fill July | ,,34Mid Gt 7 pi- 2 Amer G & E 5 Eastn Utll Asso ev.. ler Eelectric(1%) Bond&sha cu pf (5 S W Bell Tel pf (7) Standard Motors. . Stand Oil. Ind (2%). into one and arrangements made to | delphia, was announced vesterday. The | start paying on the obligation, even al- | new firm, which will transact a general though the amount paid by the Gov-|business in investment securities, will 18amer P & L 65 10 Amer Rad 4ius '47 2 Amer Roll Miil 5s 2 h S ind contracts was only 1,152,000 bushels,| 930 Mo-Kan yte 4 o - se . 14ppa ££1 Bond & Sh (b6) ... Stand Oil. KY (11.80) and the extent of hedging pressure here | 1330 Mod e |ernment for the next few years would |be headed by Russell McCormick, Jor- 7 A 1 Bond & Sh pf (6). Starrett Corp. ..... g > | 7100 Mohawk ‘Riily be relatively small T & DATner iOL BRLAL SO, 7 ApDa, 4 from the Southwest proved to be negli- | | . McCormick. \ 21 Arka Elec Pwr Asso (1).. Starrett Corp pf (3), 1 gible. | 200 Monighan ..... 1 McCormick. 2 Asso Ele Elec Pwr Asso A (1) Stein Cosmetics wime. o A ot Bbec 1B e 1 Sir Herbert Holt, Canadian capitalist, PRSI A S e o8 A3 GEE 4 Pwr & L op war Sterchi Bros Stor. o5, | 50 Nat Secur In 13 1312 42, land Lord Rotnermere, British news- SILVER QUOTATIONS ec Pwr & Lt pt (6) Stinnes (Hugo) 947a | 130 Nat Secur Inv cif 81" 80" 80 " |paper owner, have joined forces to form Q B P&L 2d pLiAT). Strauss Roth. 100% | o Nobli SRt 402 the largest newsprint manufacturing| NEw YORK, July 1 (#)—Bar silver, k 15% 4 pire Fire ins . Sunrav Ofl (40c) 749, 450 North Am_Car. corporation in the British Empire. 339, BB, jan 10| e 39 ap Pow prt (14.04) Sunset Stors pf (3 September 7312 | 500Nor Am G & Ei The deal has been pending for 58 1023 1033 1023 ploy Reins(1%). Swift & Conew (2)., December e | @ORor Am L & Fow. mont} The Holt-Gundy interests of — — 2% | 10 22w : 230 No' o ' 05 rop El Ltd A(60¢) R OATS - g Sl Tamon'ileaisio 138y %) T ag, | 50 Ontarie’ Mix Canada_control the Canada Power 3 oo : 5 Beptembe : 50 Oshkosh 4 . Ro 35 101 Bury B ASL 118: - Technicolor. Inc. Heptember | o] Rteen gwr . Paper Corporation. The Rothermere Evans Wallow Lead. Favrics Fininshing. Fairchild Aviation. . Fajardo Sugar. ancango Corp. Federal Screw « December Teck Hughes (60c) Tennessee Prod (11) Thatcher Sec Corp.. 1 ‘I'hermoid Co pf (7).. £0s Tobacco & All Stks. . Trensamer (21.60)., 7 Trans Lux DLPS. . Tri-Cont Corp «war) Trunz Pork S (1.60). Tubsize Chatel (B) interests control the Anglo-Canadian | Pulp & Paper Mills, Ltd. Last Fall the Canada Power & Paper Corporation secured _control of ~the Wayagamack Pulp & Paper Co. and the Port Alfred Pulp & Paper Corporation. Mortgage | 50 Perfect Circle. ecH Eli 95 Public_Serv n p. ST Ly Y s 150 QRS Music. .. COTTON EASES OFF 250 Ravineon vic Rollins Hos. ... Weather Frctor in Selling on New | 145 Seapcard® Biit : 60 So West G & El pf 7 Cent_Stat Elec 55 '43 1Chi Pn Tool 5! 5 Chic Ry cod 5 12 Childs Co 5s ° 4 Cig Str Re 5'5 6Cia 8t Ry 6= B '55 w1 8 Cities Service 55 ‘66 3Cit Serv Pow 5 2 Cleve Elec Tilu 5 Comdr Larabee 65 '41 5 2 Con Gas Balt 55 F '65 104 2 Cons Pub 6.5 36 .. 6% e A i IR P b P bt Jerat Metls(t1%) I 53 In the new deal six mills in the Pro |ince of Quebec will be brought under the control of one company, five of M them being in close proximity, says E. Oney iat receipts +1. Flat Stock deb rts Koicker Areraft » 1Conr Textile 8s “4:'. 617a 63 Ford Mot, Can A fll'/. ol Lamp (2)., York Market. 150 Stone (H O1 & Co 8'z | G. Sabine, United States trade commi 6 Consum Pow 4'us 28 982 98'¢ Ford Mot.France 28¢ ol L pf (3) ¢ sloner in Montreal, and Lord Rother- 2&nG sk ] Fora sMoritd 11 i0: i NEW YORK, July 1. (#).—Cotton opened steady today at a decline of 5 to v 11 points under selling promoted by | 1250 Swift relatively easy 1 Crown Zeller 65 40.. 96% 96% Fox Theater Cl (A). 7 Crucible Steel 0 99%n 99 ° 99 . ’ Unzerleider F Corp 1De. C Gas 55 B '50.. 1007 100% 100% | 331 20 Garlock Pkg (1.20) iion Am Invest {mere and his group are to become fi major - stockholders in the Canada 6 er & Paper Corporation. P mctican” nevipan: | Y /0 suiLbiNG . iverpool cables, while | 200Tenn Prod X C i TDIX GG 628 A 37 ww 9315 9214 93| gu, 2 al Baking. Un Nat Gas. Can 1.60 there also seemed to be some July Nqui- | S0 .Xhompson (J R) American newspaper owners, who e S &5 43 D% sery oo 27 aking pf (3).. Unicn Tobacco. . .. .. dation, possibly against motices esti- | 59 Trmstsorme: Conp..: are buying paper for 438 & fon, should LOANS o A Pl vag 10% . Lta rets(50¢) United Chem pf (3).. mated at about 4,000 bales, 100 Transformer rts - | be putting $15 and $20 away in a re- 8 1Fisk Rubber 5':5 20 n Emipire Corp. . . Unitt Dry Docks. ... & Offerings were not h: and were | - 420 Twin St Nat Gas | serve fund for every ton of paper they | ida P & L 35 ; i 20 Gen W W&E(A) (2). 984 |use. When the paper situation clears or | up and overproduction is a thing of the past, paper will sell on a reasonable IMPROVED fairly well taken at the s and commission hous: bt scliing becam= more active after the | onze 55 40 9412 | vat Wk 6s B ‘44 88 84 | 00% 1001 1007 | | Utd Founders b2 35) 84 United Gas Co. .., Z Unlted G [ t by trade 0118 Gypsum : b 500U 8 Ri ing, but the | 00T B Radio & Tel 1Gen 4 Georzia Power 5s Co (new) 36 1 1, T 200 Util Pow & L A . " 13 Gult “Oit B 5 37, 1011s 101 101 ot Underwriters. United Gas (war) 2 posting of the weather map and prices | 380 Ul Pow & L novei basis” said Sir Herbert Holt to this O R R e S soldberg Stores (1) United Gas pf (1) 5 B the end of the first it hour were | 0 UHI & g TIl writer not long ago. PROPERTY 5 812s 48 ww 83 93 83 Goldtiela Consol. ... Utd Lt & Pwr A1), 146" about 9 to 10 points net lower on new | ug Yoy & Ind ot At how much a ton?” I asked. 7 ble R i 3 L 3T 1001 10814 10014 Goldman Sach T C. Utd Lt & Pwr pf(6). 4 0415 | crop deliveries with the new October | 100 Vortex Cup ‘Certainly not less than $75, a figure | easonable Rates 10 Tniand UL 60 ‘4. 10315 10314 104 Gold Seal [Slec new . USDary (B)...... 1 18% 1w, | selling at 12.87. 38 West PLL which would enable every one to live Prompt Action A it ‘65 B 40 101 100% 101 Goth Knitback Mach US lee Pwr ww 5 124 125 | July eascd off to 13.26, making a net | 1550 Wix iy Feio | " This should interest newsprint pur-| e iiag TR e Bremine : o Rty AR DN uases “epecialy‘the pivaed e | B, F, SAUL CO, a Power 55 '571 87 86'a 86 Gra& E"l‘r(x:-v 5) vosum (1.60 2 3 one of which made | Stock sales today. 186.500 figure would enable every one to live. . . . 10 Inves Co bs A '47 xw 95% 9515 4 Gt Lakes D C (new). Lines pf (1). 2 1 3.5 per cent and BONDS. | R o 2 Boppers G &C 55 '47 9w on Gulf Oll of Pat1i). ¢ Overseas war. 3 110 1 the end-Jun condition 725, but gave | £9000 Insull Uil 6s '40.. . 1017 100% 1011, qr():x"'::{m:!mc.n1:3‘“;“:&“xt‘g\\‘l(\sl(‘l?\r:"glgl‘\‘: L L ~—N ‘”lm fiappiness Candy U S Sharex Ein. 1 i e eanndicated vields. The | dtoa b 'chs $12 4016 10 108 | with the ringing of church beils and 1 | —————— Hazeltine Corp (2 United Sitras 1 a4 Sther bointed to a decrease of 43 per | 160 Chi'Ry B o 45 45 48 | o general spirit of rejoicing. Flags, | — Hecia Mining (1) 2 10 cent in acreage, plac-d the condition at | 10! ity RS R " i : Helena Rubenstein Utah Apex (50c) . 1 1041 10414 1641, | bunting, bands, eating and drinkin 86D » il R > 1000 Edison 5s '43 . 09.9 and the indicated crop at 14,150,000 | 1600 Bub 5erv 58 36, 1041s 1081s 1oaia | For the last soldier bearing the tri- 1000 North Elr 5s 'a1 8515 85!y 85! v . LY colors of France left Germany yester- n the stock | TOtal bond sales. $70,000. day. after occupying German soil for | 12 H Utility Pwr&Ltal). 1 Utility & Ina 11 & Ind pf ¢ Utilfty Eauittes. ... Vacuum ONl (va%).. 16 Venezuela Petrolr Viek Financial Corp. wal Houston Ofl of Tex Hudson Bay M& 8. flumble O1l (2).. Hydro Elec Sec (2).. ilygrade Food Prod. imp Oll Can. n(b0e). Indian P Ln (1230)., Ind Yerr il O vA) The Guaranteeing "ports of a steadier tone Trade Mark Satisfaction and grain markets probably contributed | t0 e improved tone of cotton atet 1| BUTTER MARKET FIRM, the morning. Offerings were light and | bii 3 > prices steadied on a ('nmnnmuvrTv mf)(l-‘ CHICAGO, July 1 (A).—Butter—Re- e Tatest figtres. 1ndicate 1t Wil ‘ren 53 The latest figures indicate it will reach | U Y ps erate demand believed to include some | ceipts, 20,029 tubs; firm: creamery ex- | the stupendous sum of $1,500000.000. JULY 1st covering of new crop months by brokers | tras, 3 M Miss River Fuel Mo Pac R R 55 ars What did it cost Germany to foot the ! reen Co. .. ; standards, rsts, | This item in the budget has been a 3 5 B {nd Terr 1lu Of (B) Walier 1B (15 Wwith foreign trade connections. July | 3010311 m:, 28 329."’.‘"" m:‘ [ dead welght on Germany since the war. TRANSFER TlME 13 ; s Ins Co. No Am (13).. WRnNERUDIE. Id up to 1342 or within 4 points of | o 2%30) i 2i Seconds, | ghy could do nothing about it, for the | 5 Oxy insurance Sec(1.40). Weatnn Aly ¥p (80 vesterday’s closing quotations, | 261282715, Eggs—Receipts, 27,115 cases; | gllied powers had decreed that the oc-| For Safe St nE intercontinent Pat n Wil-Low Cafererta ———— et e, 20 = evesh graded firsts, 20; | cupation army should remain until cer- | oW aeaTe 0 Pes Intercont Pow A (2). Worth, Inc (A). - - elpts, 19; ordinary cur- itions of the peace treaty were ' B intl Petroleum (1). el TREASURY CERTIFICATES. | rent receipts, 18a18) oy A e g G4 2P Intl Superpwr($1) o Sy 2 RarReppried by I & W. Seligman & Co.) - —— - To Foreign Minister Briand of France 4B fnternatl UL (B), Zonite Products (1). M June 05 o1 100 158 Qer, GASOLINE USE RISES and the late Gustav Stresemann, then 5 2 P H Intl Utll war (new RIGHTS. Expire. | 3tas Sepr. 15, Lii0 100 8-32 z foreign minister of Germany, must be | b Shs Interstate Equit | ~ 1 Bay M&S July 15 %St 2| NEW YORK, July 1 (A).—Gasoline |given largely the credit for the present ' - Itallan Superpwr A .. * Tt el e | 100 3323 | consumption in 42 States in May | evacuation. | UL Gas 6 C 6 i, Kolster-Br (Am 8b) | 4% 2% InsCoofNA.. 0ot 1 o | 100 2832 | totaled _ 918.649.000 gallons compared | Germany is again the absolute ruler 3 8naw Wap 41 30% Leh Coal&Nay n 1.40 3 & Mo Kan Pipe . fune 5 B | with 804,685,000 gallons in April, the | of her own land 1Shaw'g 5s C 90, 2% Liberty Baking 4| Divid rates in dollars based on last quarterly or sem American Petroleum Institute reports. | (Copyright, 1930.) e e 344 Lone Star Gas.n (1). | annual pa t . e Lo Z Louisiana Lan & Ex. | *Ex-dividend. - 1Partly extra. 1Plus extra in stock. a Pavatle tn 6 SE P&L 65 A 2025 xw 1 2 il Ed 58 1 Gas 55 '37 ¢ Nz\(a:vOTTON GOODS QUIET. POULTRY MARKET EASY. YORK. July 1 (C. P. A)—| CRHICAGO, July 1 (#).—Poultry, aliv = - | NEW ; 5 , July .~ y, alive, Corn—No. 2 domestic, yellow, new, | Hogs—Receipts, 500 head: lght sup- | o BUUET—One-pound prints, 3615a3715; | G0N, 00dS, markete were quiet fo- | 7 ory 07 trucks; easy: fowls, 18; | 89a90; cob corn, 4.3 piv: market higher: lights, 995 to 10.20; | '3 o V. 23a24; current re- |ChANged at 53, cents for 64x60s and | Springs, 26: broilers, 19821: roosters, Rye—Nearby. 60a70. o heavies, 9.60 o 10.00; medium, 9.95 10| o3t 10y 4 613 cents for 68x72s. Raw silks were 14; young turkeys, 18; old, 15; Spring | Onts—White, No. 2, 48a48'5 0; roughs, 710 to 885; lght pigs,| “Boyitry " alive—Spring ‘broflers, Jarge, | uiet and unchanged. ducks, casn or stock b Paya %4 Magdalena Synd. ... le in stock. d Payable in preferred stock Baltimore Markets 13a16; Spring geese, 16. e 100 4704715 2 ) to 9.05: pigs, 9.60 to 10.1 PR e (e 4 ity tealiers 2 Fexar Gas' U 5 '8 Special Dispateh to The Slar. |”"Hay~-Receipts, 13 tons. The genernl | * Calves—Receipts, 75 head; fair sup~ | 563,341 $9433; Leghorns, 25; fowls, ; 3 BALTIMORE, July 1.—Potatoes, | pay market continues quiet undcr light | ply: market steady 500 tof2ondl; L4 3 sters, 15. Dr sed: STOCK AND BOND AVERAGES By the Associated Press. From Yesterday's 5:30 Edition. 0 pounds. 2.0042.50; new, bar- | receipls, mostly by truck. but ample for 11.00 pring brofl- i 3.25; asp n, 1583 00: | (he demand, which is lmited. " While | ans, hamper, 35a75 100, 1502 not enough hay is arriving on which to . 2.50; cab mper 40a75; CArrots, | establish values by grades on carload 101 101|100, 2.0084.00; celery, crate, 3.00a3.50; |lots, the better grade of timoth ge. 45a47; small, 40a42; Leg- 25030; fowls, 24a25; Leghorn 17a18; roosters, 15ai6; ducks, BANK STOCKS, " Meats, fresh killed—Beef, 18 4 . S&v, ' corn, dozen, 30a35; cucumbers, hamper, | clover mixed are in fair demand W YORK, July. 1 Bid and | veal 1518; Iamb, 25: pork loins. 25 STOCKS. 10035 1003 1003, | 60a75; 1 beans, bushel, 2.00a3.25; | range of 20.00a25.00 per ton. ed prices on the stocks of leading | 25; fresh hams, 25: fresh shouiders, 50 "8oan 892 | Jettuce, ¢ 1.00a1 50; onions, bushel, i cw York national banks and trust | 18a20: cmoked hame. 27 cmieked oo Industrials. ] 75a1.15 100, 75a1.25; peppers, Live Stoc! @ o companies follow 20: bacon, ard, in packages Today. 158.3 Berloy Steel Transfer Cases s crate, 12582.25: peas, bushel, 1.7583.00: | Cattle—Receipts, 100 head; light sup- g n bulk, 12 Previous day. 1539 provide instantly accessible, dust= | spinach, bush squash, ham- | ply: markct, very dull BATIORAL ANES ve stock—Calves, 9'5; lambs, 98915, | | Week ago. 1548 proof containers for non-current per, 25a40; tomatoes, crate, 50a1.50: ap- ~ Steers—Choice to w;'(x\w. :4:1:"‘ £o0d | Ban Amctica 102 uits—Watermelons, 50a80: extra Year ago A L2951 records. Two grades—commercial ples, bushel, 1.2523.00; blackber! to 5“3'23' 'ns gn m’atr 'v’.m‘vm”‘vle‘m to | Chase National. . 124 oy, 1.00: cantaloupes. standards. Two years ago. 5 1588 and standard—in all sizes, fulfill quart, 10a15; cantaloup . crate, 150a | good, 8.5 i 67540 120, Natlonal L 4890 2.75: honeydews, flats, 2.00a2.25; Three years ago, weekly aver any requirement for non-current cherries, pound. 5a15. oranges, box, | to 8.25: plain to fair, 6.7 2 Company. ... 11 honeybalis, jumbos, 5.0025.25: oranges, | | High (1930) . record filing. 9.00; peaches, crate, 1.50a3.00; mon to plain, 6.00 to 6.50. cit 13 5:8.00; lemond, 7.00; peaches, 2.50a Low (1930). pineapples. crate, 3.0024.00; watermel- | Bulls—Good to primc. none N TRUST COMPANIES 400, blackberrics, 300a4.00; culti- | | High (1939) . ons, 100, 25.00445.00. choice, 6.75 to 7.00; medium Bankers | vated, 5.0006.00; raspb-rries, red, 10.00: | | Low (1929) Dairy Prod Y0 695 Talr 1o ocin Geniral Hanover | black, 6.00a8.00: huckleberries, 3.00a Dol P Eaive Spring, | (o o, 5,00 e Chemica {200 phume S50 swpies e g0 | pound, 25 Leghorns, 21a24; old | Cows—Cholce to prime, none; good to | 1+ §50;" apricots, - Culttorniary 1.8 §1:% | roosters, 13a15; old hens, 21a24: Leg- | choice, 6,00 to 650; medium to good, |} plums, California, 2.50, | horns, 14a18; ducks, 16a18; guinea fowl, |5.00 to 6.00; fair to medlum. 400 to Vegetables—Pof toes, 3.75a4.00; peas, Janover ¢ ] ch, 40a75: pigeons, pair, 25. 15.00; pl-n!‘ .m 1-15. l‘wj ‘u' 4.00; com- e ;0 KD homegrown, 2.50; Neg; York, 3.00; corn, el Bl Kggs, receipts, 724 c nearby firsts, mon to plain, 250 to Sy | 08’ KD, 1.25a1.75; bage, 7581.00; tomatoes, 1"Slip Pow 8 48 p y ‘ 3 Bitanu “Bra | 22157 Southern ‘firsts, 211, | " Heifers—Choice to prime. none: good STQCK B! . Stockhold. | lomegrown, 4.00a6.00 per bushel; South Brussia “ Butter—Cood to fancy cream to_choice, 8.00 to 8.50; medium to good. | NEW YORK, July 1 (). —Slckhold- | ¢apo)ina, Texas and Tennessee stock, e v pound, 33135: ladles, 24a25: rolls, 24t 7.gu lu‘B‘M: I'M: w" ,’l‘l;"a'“gl“r 00 10 ers of the Mohawk Rubber Co. have ap- | 2.00a2.50; fiats, untm. nmnbbenns. 2.50a e 1R rocess, 28a29; store packed, 18. 7.50; plain to falr, 650 to 7.00; com- | . . thorized com- | 3.00; squash, 100: stringbeans. 1.00a . s siay mon to plain, 5.50 to 600 My et ek sepTely 1.50° peppers, 5.50; cucumbers, 1.50; | | Low (1930). 05"2"%{."_“"&"_'& Way and Grain. Frosh cows and Springers, 40 to 89, mon stock to 150,000 shares from fettiee, Wach ngton State, 4.00a450; | | High (1929). . aA.H NGTON- ter export, | Sheep and larbs —Rec=ipis. 500 hoad! | (90, of which 115,000 shares will be cet ' cggplant, 4.00; spinech, 1.50; kale, 75; | Low (1929). 204 N'DC pot, 011: | tight supply: market steady £heep, | pside and sold to employes from time carrots and beets, per 100 bunches, 11.00 to 3.50, Sering lambs, 6.00 to 11.00. ' to time, 3.0004.00. (Copyright, 1930. Atandard Statistics Co.) We Want Your Business!