Evening Star Newspaper, July 11, 1930, Page 14

seson A—14 THE EVENING STAR, Y NEW YORK STOCK EXCHANGE Received by irivate Wire Disect to The Séar Offiee. te. Add 00. Hig 121 Superior St T 815 Sweets of Amer (1).. Tly, Symington (A)..... 10% Tenn Cop & Ch (1). 501 Texas Corp (3).... 431 JTex Gulf Sulphur(4) 110 Texas & Pacific (5).. 814 Texas PC&OIl..... Texas Pac Land Tr. Thatcher Mfg (1.60), Thermoid Co. ..... Third Avenue Third Nat Inv (2 Thompson Prod(2.40 Thompson Starrett. . Tide Water As (60c). Tide Water As pf (6) ‘Timken Det Ax(80c). Timken Roller (3) Tobacco Products. . . Tobac Prod(A) (80c) Transcontl.O1l (30c). Transue & W (1). Best Rail, Utility and Foreign Issues Show Good Advances. Low Close. Argentine 5s ! Argentine, Argentin Argentine 6= Oct'59 Argentine 6sA.... Argentine 6s B.. Australia 4% '66.. 5 Australia 58 '55.... 29 Australia 68 '67.... Bank of Chile 613, b o Bank of Cnile 6%s. g 97% Batavian Pet 4%s. 4% Belgium 6s........ 11 104 Belgium 613. 108% Belgtum 7s 55 11 Belgium 7s ‘56 109 Belgium 8s 109t Bolivar 7s '58 74 Bolivia 7= etfs "69. Boliviass..., Bordeaux 63 Brazil 635 ‘26, Brazil 6148 '27. Brazil 7s Brazilss...... Bremen State 7 Canada 6331 Canada 5s ‘52, Chile 65 '60. Chile 63 Chile 7 Wt Colombia 6s.Jan ‘61 Con Pwr Japan 7 Copennagen 6s re Cuba 5lss. . Czecho 8s 51, Danfsh Munfe s A. Denmark 4145 Denmark 6s Dutch East In, By the Associated Press. NEW YORK, July 11.—Bonds im- proved substantially again today as the demand continued for high-grade rail- road, utility and foreign issues, Bond men are reported to be en- couraged by the brisk upturn which has resulted from the broadened trading this week. Buying has been of an in- = 3 ;:l-gz:‘lli.‘gn?;‘:-uu). 9 vestment character and bond men see ‘Truscon Stl (£1.20). in the thin offerings an inevitably Twin City Rap T(§4) higher level of prices if the pendulum Und-EIl-Fshr pf (7) continues to swing toward bond buying. Union Carbide (2.60) The money market remains virtually Unlon Oil of Cal (32) unchanged at its low level and this, Unlon Pacific (10)... with the continued stability of equity Union T'k Car (1.60). issues, contributes to a strong funda- Utd Afreraft........ mental position for a rise in bond Utd Alreraft pf (3).. prices. bt D Bank Support Increases. Uia Gigar ;::;.n.l'. Bank support shows another increase United Corp (ile) this week. Banks in the New York United Corp pf (3). Federal Reserve district added $6.000,- Utd Electric Coal. 000 worth of bonds to their holdings, bringing the total of purchases to $48.- Utd Fruit (4) Utd Gas & Imp (1, 000,000 since the new rediscount rate was established. Utd Stores (A) 5 o Both mortgage rails and convertible issues were in demand today. Atchison general 4s topped its years high estab- lished yesterday with a ‘a-point gain. Pennsylvania 4'.s gained about- the FINANCIAL, (Centinued From Page 13.) i & 107% 72 Pacific Liehting (3). 1 United Founders Good Exam- 50's Pan-Am Petm (B)... 5 9" Parmelee Trans 134 brothers, in a communication to the 4% Peerless Motor the world understand Einstein's.theory | 86% 69% Penna RR (4). : Add 00, High. 130 Pacific Tel &Tel (7). + 12% Packard Motor (1) ple of Trend of Concerns ; 48% Param'nt Publix (4), Operating Today. 19 Park & Tilford (13).. N Pathe Exchange. ... BY JOHN F. SINCLAIR. " Pathe Exchange (A) . 5 1 o | 26w Penick & Ford (1)... writer asking information about a cer- . tain investment trust, said: | 100K 48 * Penney (J Cj (3) in | 100% - re 230 People’s Gas. Chi (8) f rel: ity. Well, that's about twice a: > 5y e omarr:‘yal:l\a “uncerstand this investment | 24% 12 Teoria & Eastern.... b RRYEN YA 52% Pacine Gas & 11 (2). 9 :’:T‘a 51% Pan-Am Petrolm 1% Park Utah... Recently Groucho Marx of the Marx [ 7 17 Patino Mines. .... “I understand that only 10 men 9315 Penney (JC) pt A(6). trust business 94% Pere Marq or pf (5). R R 104 108% o 114 But the day of the complex, involved | 18% ;‘;l:ol f;)e-r: ulg: . Btock-juggling investment trust. \\_:13 xl\s, Son ph:hm(!:n 6%!;; s :n:l(:(arlcd portfolio, is fast drawing o; R . 4 814 Philip Morris (1) M’:;Ddfl"\x'wfl“;flL‘:‘“:d 1"1“‘;““” - 29% Phillips Petrm (n2) .. investment trusts in the United States, opens up }z“ ;’x:;‘::glelimumfi . its portfolio to the world. It gives the = “hrimg 27 Pilisbury Flour (2).. most exhaustive report of its securities i 39% Pirelll, Italy (a3.14) . that probably has ever been given by 20% PQor& Co (81 3) .. Bn_American investment trust. 7% Porto Ric Tob A (), The list, a most impressive one, shows 11': P Riean A To (B).. total investments, at m;:r}fel‘qunlal;()n.;‘ 3 901, Postal Tel & C pf(7) on May 31 last, of o | 26 Prairie Oll & Gas(2) this amount, 67616 per cent is invested | 44' Prairfe Pive L (15). . in the United States, 7.423 per cent in G et B Cr. . he British commonwealth of nations, 3% Proctor & Gamb (540 17.076 per cent in continental Europe, S PUD SeIv NS IRTH. 1.347 per cent apan and other 913, Pub rv NJ pf (5).. Asiatic countries and the balance is in 121 PubServ NJ of (7).. cach, 2 107'% Pub Serv E&G pf(6). Book Valiie of Shares. 9 2 Pullman Corp (4) book value of the common shares | 2 18'% Pure Ofl (13%)... mT.lli corporation on May 31. eliminat- | 110t Pure Ofl of (8)..... 0 U S Pipe & F (2) 3 3l Intercomipany holdings, was 2 Purity Bakerles (4). 17 U S Pipe & F 15t 1.20. same to rise to & New top for the year, | Dutch Gast ind ¢7. 1 per share 215 Radio Corp.. 1003 » St. Louis, San Francisco 4'.s, a legal 4 ch,’52, 1f intercompany holdings are not| & 19 Radio-Keith-Orph A, 229 3 5 p bissue, was popular with buyers. Long|Fiat7s war ‘4. ..., inated, the market value on May S Raybestos Man 3.60.. 10 Island refunding 4s were strong with | Fiat 7s ex war ‘46, T 0T 1 d ehare <100 Reading Rwy (4)... 8 nerly a 2-point gain. ln\usdvl:‘lv &l Fini na 7a for the six months end Slqsiant Bilk (5 o Nashville 41,5 were heavily traded and | French 7s. r ri\nll:l:'m‘\.s; K;.-. un( the | 88 Real 81k Hos pf(7). 208 146 141 moved high New Haven 4!zs were | French 71 i er of shar standing, | 3 Rem Rand (160).... 14 . 115 103% 3 Ger 51552013, 43 gL l‘,:‘:‘,m,fl’;lpfl eom 814 Reo Motor Car (80¢). 13 " 9 Y Univ Pipe & Rad. ... O Eiun cafstment: 551 CHosapERkSH| Ser iy Mon share was computed at 18 cents. 4 Republic Steel (4)... 9 he 45% Util Pwr&Lt & Corporation 5s and Chicago, Rock Is- | German 12| P 6143, | The market today for United Found- 4 Republic Steel pf (6) 3 ¥ Vadasco Sales Corp.. Jand & Pacific 4'.s were convertible | German 73, ‘ers common is not “plugged.” It is not | 3 Reynolds Metlz.40. 6 W 26 "% Vanadium Stl (14).. 734 issues which found favor. | GerGen & 3 103 34 107 help up or artificial, The company 70 Reynolds Tob A :’ los Va-Car Chem...... 6 Several _utility issues were well | Greek 6s '63 8615 ftself is.not buying its own stock. The 45'4 Reynolds Tob B (3). 2"‘ Va El & Pwr pf (6). bought. Denver Gas & Electric 58| payy g, s rommon stock closad yesterday at $20 14% Richfield O1l (2).... Va El& Pwr pf (7) were strong, rising"more than 2 points. | punsary 7y 1094 1008 & share. B e Va Iron Coal & Cok Detroit. Edison Refunding 4s and Pub- | (ST RS- “While many investment companies, 383 Ritter Dent Mg (13) Vulcan Det (4) lic Service 4155 s0ld at their high price | {rish Free State sa. 991, 991, both in the United States and Great e oy A Wabash. . of the year, and new hlglge;;exl;fu;te\ac;; g SO R ‘Britain, have not published in detal ' Wabash pf (A) (5) . by American Telephone = Fsp their investment holdings on ‘n;letxrg::;gs 0% §a:tw:; o Waldor? Svatm(1% ) and Southern Bell Telephone 5s. aieneee s i oting companies might ol 9 afew. e Walworth Co (2). :r:gtbcs%r?&. W)gthnutpcxpcnse, o1 the in- 105% Safeway Strs pf (7). Ward Baking (A). N e Jugoslavia Bank 7s _yestments made upon the recommenda- 331 St Joseph Lead (13). Ward Baking (B). ,Avid interest was displayed in lead. | Karstadt 62 43 tion of an extensive statistical organiza- 5214 St L Southwestern Warner Bros P16 (4), 1 ing European government issues and | Kreuger&Toll & tion, the United Founders Corporation o34 Schulte Retatl Stra, Warner-Quinlan (1). Bfl;‘sh. g‘rentch“?:g S Nfi;\::z Lyotisies decided to publish a complete list of its 35 Schulte Retail pf(8). WarTeniBron ($5h, = made moderate s. holdings to its stockholders following | 6 Seaboard Air Line Warren Fdy & P (2)+ | Warrant 6s rose 4 points and its :}:;':s”:;o‘:"n the practice recently adopted by the 9 Seagrave (el.20). Wess oil & Snow (2). strength was apparently influenced on ! y Mil New York Stock Exchange,” says Presi- 59% Sears Roebuck(2%) West Penn E1 pE (6). Turther reports of completion of the |Miian 6}s........ dent Louis H. Seagraves, in his letter 7 Second Natl Inv West Penn EI pf (7). Chilean nitrate combine. ~Kreuger & | Netherlands 6572 to_stockholders. 1% Seneca Coppe; West Penn Pw pf(6). Toll Warrant 5s were active and firm. | New So Wales '57., There is a well founded rumor that 6% Servel. Ine. . % West Penn B pE(T) United States Governments were duli | New So wal the next big step of United Founders 16% Sharon Stl Hoop (1) and alightly lower, v ::x:;& Corpora- Lib 31, 41013 1013 1013 .| Phila & Read 6549, 98y 98% 9% | Pure Oil 4 37 99y 99% FOREIGN. Sineialr Ofl 7a 104 10 T E Southwest Bell § 1057 10574 1057¢ | States Steel Corporation decreased but ‘Tenn Cop 63 B 44 10074 1001y The figures indicate that new busi- "" S Rub 1st rf 5 801y the steel industry is in the midst of a Walworth 6s 45 2 87 854 A Y 1003, 103% creased demand for steel from a new White Eagle 5 104 101 104 is the steel pipe industry. It has grown Lib1st4%s.. 106 1026 1023 1026 | PRIIIDS Pet 535a. . 95 94 95 - Rem Arms 6s '37, s 96 Sales. High Sinciair Crade 8348 19 101% 101 BY PRESTON S. KRECKER. tano Ofl NJ '46. 101 1034 10 % 91,163 tons last month comes as a Tenn El Pwr 6s 4 106': 106" ness has been coming in at a better rate U S Rubber 7%s. 100 100 100 slump which is accentuated this month / Warn Bros F 6s 101 100% 100% source is sustaining the industry and g White Sew Macn... 4 68 68 68 | by the proverbial leaps and bounds this SHINGTON, D. C, FRIDAY, JULY 11.. 1930 l ON NEW YORK BONDS STOCK ExanNGEl US a5 10350 10nd0 1020 |bun Svad sieerr 10 m 101 101 | Street Pleasantly Surprised Rem Rand 51s war 5 06y 96t 96% | <l A e | Special Dispateh 1o The Star, Stnd Ol N'Y 4148 91y 99 Pleasant surprise to Wall Street, which Tex Corpcv 5s ‘44, . 103% 1030 than popularly supposed and that pes- Utal Pwr&Lt 5 100% 1007 1002 by the holidays and by shutdowns of War Quin 6s 39 SN 81y )‘Il,l keeping operations at a higher rate Wilson & Co 18t 6s. 1 100 100 100 year and there is no apparent end in Received by Private Wire Direct to The Star Office US4as’as. 29 108 24 108 20 108 20 Pub Sve G 4% 867, 101 101 101 at Unfilled Tonnage Fig- Richfleld Ol 6s *44. 8xti B8N | Skelly Ol 6%s.... o 95 .96 “ el NEW YORK, July 11.—Revelation ~ Sug Es Orient 7s. 2 1 had guessed that the decrease would Transcontl Oil 6%s 109 10 simism may hav s ; ver- Utitities Pwr 5%, B9 B8y 8nly D Ciae L oamawEet aye 5 industrial plants for inventory taking. Westn Union 6s°51. 103 1031 10 than otherwise would have been the estn S &T Ss.. 27 102% 102! 1006 | sight. ' ] UNITED T! i Sales. High. Low. Close jes. High. < | bl e I Pathe Exchange7s 5 65 66 Sales High. Low. Close. Phik ¥ s 10 100 1003 100" US4e%ss2.. 70 11223 112 11223 | PubServ G 41370 1005 100 1003 ures for June. Sinclalr O 6% s 102 10 South Bell Tel 1047 104 104% | that the unfilled tonnage of the United prove substantially larger. United Drug 5s'63. done, although there is no denying that Vertientes Sug 7s. . a3 43 Fortunately for steel masters, in- Westn Unfon 6 s. 10 109 10: case. That new source of steel demand RAILROAD. Atchison ad) 4s. Atchison gen 4s n 15t 4843, cv 415548 R & O cold 4s B&Ocv4les'3s. B&O 415560, B&Orers R&O st b R&Oref 6 P& O Toledo 4s. .., 871, N7 Boston & Maine 6. 18 1011s 101 Bklyn Manhat 6s... 34 9 97 9w Bklyn Un 15t 58°50, 19 863 »6% *6% Bklyn Un E 55’50, 20 103% 103% 1033 Buff R& Pitts4%s. 5 93 3 Bush Term con 6s. . Can Nat4%s 54... Can Nat 4155 ‘68 Can Nat 5s. July'69. Can Nat 6s. Oct '69. Can Nor 614 Can Northern 7s... Canadian Pac db Can Pac 4%s'16 Can Pacific ctfs by Can Pacific 6s '54. . Cent of Ga 6sC 69.. Cent of Ga 5148 us U S Freight (3). U S Alcohol (17) Pipe Mills Are Active. Trade papers report that pipe mills are operating at 80 to 90 per cent of capacity, a rate higher than that of any other department of the industry and comparing with 56 per cent for the in- dustry as a whole. "Substantial unfilled orders for steel pipe are one of the backlogs upon which the industry is counting to tide it over the depression In other steel lines and.hold production up until a general improvement takes place, The great demand for steel pipe in turn is a reflection of a rapidly grow- ing natural gas industry. In the ag- gregate several thousand miles of natu- ral gas pipe lines are projected at a cost. of many millions of dollars to sup- ply an increasingly . popular source of energy to industrial centers of the Middle West and the South, Electrical- ly welded steel pipe, manufactured by a recently discovered process, is in de- mand because it is not only cheaper than the old lapweld pipe, but is stronger and is hermetically sealed against leakage, 4 Another use for steel pipe is in the transportation of gasoline, As yet but little gasoline is shipped by pipe line because of its extreme volatility, but electrically welded pipe seems to have solved that problem, and the day is , approaching when it will be quite a common practice to transport gasoline by pipe lines much as oil has been shipped for many years. Preparing for Demand. Steel mills have foreseen this big growth of the steel pipe industry and : | have been prepared for it. The Re- | public Steel Corporation this Spring completed one of the finest steel pipe mills in the country at a cost of $10.- 000.000. The Youngstown Sheet & Tube Co. has announced plans to en- large its pipe capacity at a cost of $2,000,000. Tt is evident that pipe- makers expect good business for'a long time to come. Not_only in steel pipe capacity, but in other ‘lines, the steel industry s # expanding. Taking the steel industry as a whole, it is estimated that con- struction plans call for total addi- tlonal ingot-making capacity of about Smitg & Itef (1), Steel 11). J S Steel pf (7). Univ Leat Tob pf(8) 1 1100 111 1984 1615 1011 419 83 27 841y 47x 1004, 118 1715 1003 9 1035 1034 Tik 1177% 117% 4 100 100 100 « 4 105% 105 105 Cent Pac 1st55°90. 3 101 10¢ 104 Ches Corp 55'47.... 33 100% 100! | Ches& O 4%s'93A 15 99 98¢ Ches& O 4%8B'95 10 98y 98" Ches & Ohfo con b5, 5 104% 104* Chi & Alton 3%s... 2 65 6 CB& Qgen 4s'53.. 3 9 4 C B&Q 111 div 4s. 953 95y CB&Q4%s"T7B.. 3 100% 1005 100% CB&QIstrfbs... 8 109 108) 109 Chi&Elllgn6ssl. 6 70 G0 70 Chiind & Lref6s.. 6 1084 103 103% Chi Gr West 48 °59. T4 0% 7L Chy M&StP 4%s '89 99% 9% | ChiMiIStP&P 6375 89 CM&StP Pac ad) 5s. 58 Chi & NW gn 3%s.. “ Chi & NW 4% Chicago Rwys 6s. ., ChiR1&Prt4s.., ChiR1lcv4%s60.. 7 Chi Rk Isl 4345 A.. 3 Chicago T H bs . 97 Chi Un Sta s 44... 3 10315 C& Windconds.. 5 904 C& W Ind6%s'62. 4 105 5 CCC&StL 4%s (E). 108 9<% 9.15 98% Clev Term 4%48*17. 14 100% 100 100 Clev Term §%s.... 14 110% 110 110 Colo & Sou 4%s.... 8 100% 100 100 CubaNor3%s2.... 14 b7l 574 57% Cuba RRS6s....... 14 744 74% 74% (4,000,000 tons. That proposed increase i in the steel capacity of Dula st st dn e 10 $00104 04, |l eseat o St e e Den & Rio G en 9 943, 9w 04n, | Steel-making capacity of many foreign Den&RGW 68 66, 4 21; og || countries. Vet it is being added to an DRG&Wst 68'78., 4 4 9 industry which already has by far the i g ~_ | largest capacity of any nation on the Erie gen 4= 81% | globe. Erie 1st con 4s Bing By their great expansion lans, Erle bs, 1967. 1> 93% | American steelmakers p’nlgnfl p(hch ll'zr:o bs. ls[zs;l 4} l‘i)*“ 19.*. ‘:‘g ‘conf:ldencc in the future more eloquent- krie conv Ex 7s V0% 100% " than mere wor | Erle & Jersey 6 5 1123 11215 1 5 ettt Fla East CEs'74... 13 44 43K Gr Trunk st deb 6s. Grt Nor 4%s (E) Gt Northern 6; Great Nor gen 7s... Hav El Ry 514851, Hocking Val 4%s. . Hud & Man ad 5s.. $0. 9! 9% Hud & Man ref §s.. 10 100% 100 100 111 Cent 45 '53. 1.9 90 90 111 Cent Chi 4%s. 28 99 11! Cent ref 6s ‘55 1 107% 107% 10414 111 Cent 4% s '66 100% 10015 100% Int Rap Tr 6s stpd. 6215 61% 61% Int Rapld Trans7s. 5 83 83 84 Int& G Nor 1st 6s.. 1 1024 102'% 102 Int & Gt Noradj 6s. 24 88!, 57 &7 Kan City Ft S 4 2 96% 96% 96% Kan City Sou3s.... 4 77% 771 77% Kan City Sou 6s. 10 101 101 101 S B B e R e E e te Western Dairy A (4) o ; i 1d of bank- 161 Sharp & Dohmy . Western Md terday refused to confirm or deny it. 23 Shell Trad&Tr(ad7c) Westarn Unon () § e i 51 18 Shell Union (1.40)... el b * The_growth in savings deposits in! 1061, 95 Shell'Un Ofl pf (5%). Westingnse &M (5) New York City for the six months| 8% Shubert Theatre, Westhse E&M pf (5) which ended June 30, is a hopeful sign. 21 Simmons Co. . Weston El Instr (1) . On that date Manhattan Savings 20 Stnclair Con O1 (2) WeRtark Badip Bere Bank reported savings deposits of $2.- 2814 Skelly Oll (2). White Rek MS(143%) 1196,000,000, a gain of $5406,000, over 8914 Skelly Ofl pf(6). White Sawing Mache. the same period of 1929, when a loss of 41% Sloss-Sheflield pf (7) Whit Sw Meh pf (4), '$2,911.000 in deposits was reported. 4 Snider Packing. stloor D& ioaas In the Bronx, for the same date, four 9514 Solvay Am pf(5%).. Wa Overlana o ‘savings banks reported $122,937,000, a 4 Sou Porto Sug (1.40). WillyeOver DE (15 £2in of $357.000 for the frst six months. 2% Southern Cal £4 (2). (e ool il Thousands of new depositors are|! 9 313 Sou Dairles (B)...... £ S ey § 4 & “opening savings accounts in the savings| 127 108 Southern Pacific (6) . i . Washington Gas 5581000 at 10314, banks every week. Why? 136% 89% Southern Rwy (8) Worth Pump (B) (6) g e Sl el i s e “People are more carefyl with their| 373 19% Spang-Chalfant. Weiay (Vo) o0 C. & P. Tel. of Va Ss—$100 at 9. “money now,” said John J. Pulleyn, pres- 13'% Sparks Withngtn St e R e ident of the Immigrant Industriai Sav- 10% Spencer Kelg (1.60) Fon DL 32 Folama' 100 at 108, 10 a 3 ings Bank. “They are going along cheer- 14% Spicer Mfg....... ; ’ fully putting their rcgmvges in savings 17 Stand Branas (1%) {,Wflgfisibf'ln; ,;,‘('_-, Capital Traction banks, showing prudence rather than| 4% Stand G & E (3%) _ i Xoung *fi 0 $1,000 at 91's. e fear.” 61% Stand G & E pf (4).. “enith Radlo. Washington Gas 6s A—$500 a . Another reason attributed by this 963 Stand Gas& El pf(6). RIGHTS EXPIRE Merchants' Transfer & Storage pfd.—1 Jbanker to the Increase is xthe I?w rat; ¥ 5/' g::g :)n::’cl-‘l:?;lz/;i' Am T,.,,T,LJA.,, 1 at 96. eposits—1 55 - 7% Ches & Ohio..July 23 : i e e e Deriomh st 93 Stand O1l Exp pf(6) .. kel L Bid and Asked Prices. Tules in all the savings banks. - gfl 2{,‘?,"“',',’ 3% Intl Salt....July— 19 % % BONDS. -4 i its % . v ‘preBur"lstX::)ez ’:;:)el:r? :;"nfix‘;".'sdipfi;n 30 Stand Ol N ¥ (1.60). 10:30 A, SM“" % stnc;;sr :(:‘o N;:o:‘::a:“hm" 776,900 PUBLIC UTILITY. 0 (g that the banks have turned the corner,| 20% 9% Sterling Seo (A) 0:30 AM....o b noliE ol dean, - L Hed00 Amer T & Teen, gn 33 its will show an| 485 36 Sterling Seccv pf(3) Toward tendency. o Dividend rates as given in the above table are the annual cash | Am. Tel. & Tel. cil.'tr. '5s.. 33 0% Stone & Webster (4). TR upward tendency. k] Z»." Studebaker Corp (4) . 314% pasments based on the latest quarterly or half yearly declarations. | Anucostia & Pot. R. R. 55..... < JofiE apnd » s Unit of trading less than 100 shares. fPArtly oxtra. 3Plus Anacostia & Pot. guar. 5s.... 1% % Submarine Boat instock. §Pavable in scrip. §Plus 9% in stock. a Paid last ye C & P. Tel of Va. 55 105'% 102 Sun Ofl f (6).. 1081 no Yeaular rate. b Payabie in Stock. d Pavable When €arned Capital Traction R, R. 5 4315 38 Superheater (13%4) Pt able in cash or stock_ 'f Plus 10% in stock. & Plus 6% in st.ck, | Gty & Suburban &s.. ipared with 1929, means little, one way| 43'% Sup: hPlus 2% in stock. J Plus 8% in stock. k Plus 3% in stock. b Pius | Georgetown Gas 15t lor the other. 'In view of the present| 9% 5 Superior Oil..... 5% in stock Potomac Elec. cons, 5% - — ¢, 85 1953, . isituation, a curtailment of at least 10 Potomac_Elec. 6s 19 | Wash., Alex. & Mt. Vernon ctf. et oo price.” © " P 1 WESTERN MARYLAND'S | 2 R EARNINGS ARE LOWER |Washington Produce Washin, Gas 5s.... % A report that the cotton carry-over Wash. Gas 6s, series A iInto the new year, beginning August 1, Special Dispatch to The Star. 1 BALTIMORE, July 11.—That the| Wash. Gas 65, series B. ‘will be about 4,000,000 bales is probably Butter—One-poun 5a3815; Western Maryland Railway has begun | _DUtler—One-pound prints, 37!2a38!3; & Washington Stock Exchange SALES. Norfolk & Washington Steamboat ris. wi—10 at 16, 12 at 16, 6 at 16, 4 at 16. District National Bank—10 at 213. Lanston Monotype—10 at 115, 10 at 115 Merchants’ Transfer & Storage com. 10 at 1031.. | The Carpe! Corp.—50 at 23'%. AFTER CALL. Norway 6s'43 Norway 6%s ‘52, Orfent dev 53 58 Orient Dev 6s ‘53 Paris-Lyons-M 6 Paris-Ly-Med 7s. .. Paris Orleans 6%4s. | Peru 63 '60. Peru 6s'61.... Poland 6s’40., ., Poland 7s (rets). Poland 8: Porto Alegr, Rhinelbe Un 7s. ... Rhine Wst EP 6s'52 Rhine West6s '63. . Rhine Wst EP 750 Rio de Janeiro 6. Rio de Jan 8 4 Rome 6145, R'y’l Dutch 4% sww Sao Paulo Sao ulo "60. ..., Saxon (PW) 7s.... Seine 73 ‘4: Serbs Cr Slov 7s... Serbs-Crot-Slo 8s. Sweeden 6%s s Swiss 5348 46 Swiss Confed 107% Toho El Pwr 63'32. 3 99% 9914 Toklo 6% '61 5 9l 91 Utd Kingm 5%s '37 1044 Utd SS Copen 6537, 2 1001 Uruguay 6s '60..... 9 96 Uruguay 8 2 107% .| warsaw 7s ‘52, 4% | Yokohama 6. ..... 96% s MISCELLANEOUS. AbIUDI P&P 63°63,. 28 86 8513 Ajax Rubber 8s 64 64 Alleghany C; 9915 9915 | Alleghany 58°49. .. 9o% 9813 Allis Chalm 55 37.. 13 1023 102 o Am AgriChem 7343 6 103% 103% 103% Am Beet Sugar 6. . 681 68y 684 Am Chain s '33. 5 101 101 101 Am For Pwr 53 8815 88 88 Am1GChbks49. 6105 104% 104% | Am Int Cor 534549 23 96 3 Am NatGas 614842 6 8% Am Smit & R 18t 1015, Am Sugar Ref 6; 1033, Am T&T cv4 16 8'39 160 Am T&T 63 ‘65 105% Am T&T s t 104% Am T&T 5%s. 107 Am Water Wks 1005 Armour&Co 4% 839 894 Armour. Del.5 s, Rl Atl Gulf 5559, 3% Atl Refining 6 102 Bell Tel, Pa, 63 (B) & 9061 55—$1,000 at 91 }‘gt 105% 431 8 105' 105% 105 18 98 938 98 2 106 105 106 110% 110% 110% 4 50% 50% 5014 99% 9 991 {i The decrease of 2.7 per cent in the| ieotton acreage sown for 1930, as com- CHICAGO LIVE STOCK MARKE] , CHICAGO July 11 (#) (United State: Department ot ~ Agriculture) —Hogs— Receipts, 21,000 head, including 8,00¢ direct; strone to 10 higher, mostly 1¢ higher; fairly active to shippers and small packers; top, 9.80; light light, £00d and choice, 140-160 pounds, 9.50a 9.75; lightweight, 160-200 pounds, 9.60 a9.80; mediumweight, 200-250 pounds, 9.2029.80; heavyweight, 250-350 pounas, 8.89; pecking sows, medium A, 160-200 pounds, 9.60a9.80: ‘mediumweight, 200+ 250 pounds, 9.20a9.80; heavyweight, 250-350 pounds, 8.75a9.30: packing sows, medium and good, 275-500 pounds, 7.50 28.40; slaughter pigs, good and choice, 100-130 pounds, 8.75a9.50. Cattle—Receipts, 2,500 head: calves, {,ooo; gcnern:ly sleuf'y to slron.;dundr:- Shb e ik 5 813% 81% sy | fone firm on yearlings and dull on Lake Shore 48 31 49 100 1001 100y | Veighty steers; top, 11.25. Slaughter oo 0u 90 9o | cattle and vealers, ' steers. good and Lehigh Valcun 4%s 3 1001 100% 100 | Jhoice, 600-900 pounds, 10.00a11.75; 900- Long Isirf4s’49... 5 91y 914 1,100 pounds, 9.50a12.00; 1,100-1,300 L o 100% 10 pounds, 9.25a11.50; 1,300-1,500 pounds, i e L SL 21 90% - 968 9.00a11.50; ccmmon and medium, 600- L&N4Ks2003.0.0 42 100 99 1,300 pounds, 6,1549.50. LANGie 5107 107 107 Heifers, good and choice, 550-850 Louls&Nash 5s(B). 20 103t 10515 105 | Bounds, 9.75a11.25; common and me- PRk g iy by gl'unm e,goams. Cows, good and choice, e L a9.00; common and medium, 5.00a Baltimore Markets Special Dispatch to The Star. BALTIMORE, July 11.—Poultry, alive—Chickens, Spring, pound, 25a35; Leghorns, 18a25; old roosters, 13al5; 23a24; current re- Capital (14) . Columba (12 Z Commercial (stamped)’ (10)." DISIAEE (8):.s. % vaszroovosncs Federal-American’ (10} Liberty (T5)........ Lincoln (12) ", Metropolitan (14 Riggs (15)... Wash. Rwy. & Elec. 4s .Us. MISCELLANEOUS. =n underestimate. ' Some place the fig- TR e ure at 6,000,000 bales. Probably . fis- BAET hate B Sl where between these two fig- | s w0 i gl res 15 about right. If so, it means to feel the general business has begun | tub, 36a37. Wash. Mkt cold Btorags 8. . carry-over of 1,000,000 bales more than sharply than heretofore this year is in- | Eggs—Hennery, CKS & year ago. .| old hens, 20a25; Leghorns, 14a19; ducks, | dicated by an estimated decrease of | ceipts, 21a22. STO . {_ The figures show that the world spin- | 16518, " guinea fowls, each, 40a75;| $106,72295 in gross carnings during| Poultry, alive—Spring broilers, large, PUBLIC UTILITY. {mers’ takings for the first 11 months—up | piceyl OG0 the montn of June According 1o 4 |35a36; smail and medium, 27a3; Log. | Amer. Tl & Tel.(d9) ito July 1—amounted to 13,238,000 bales, | " gooc’ peceipts, 1,819 cases; nearby,, Statement just issued by officials of the | horns’ large, 23225; small, 22a23: fowls, Gapital Traction Co, idi. ias against 15,392,000 bales a year ago. | 951.a23; firsts, 22'2; Southern firsts,| road, the decline for the month was 7122a23] Leghorn fowls, 15a17; roosters, | N G5 kb, 0, (1813 1t is such a situation that has brought | 33,755 e ik dorinEIng gross revenue for the | 13a14. Dressed—Shipped in, iced, | N. & W. Steamboat ria i ithe price of July cotton, which last| ™ g iter_Good to fancy creamery,| Year to date $6.415.52 below the half- | Spring broilers, large, 30a32; small FPotomac Elec. Pow, 6 {September sold as high as 20 cents 2 | nound, 33a35; ladles, 24a25; rolls, 24a| Year period of 1929. £ 1030 s | 26827: fowls, 24825 small and medium | FotE Ry % F1. com. ipound, to 13 cents a pound, a difference | 55" cecs " 28a29; store packed, 18. Gross for the six months of 19 i |and Leghorns, 15a16. Wash. Ry & Eled. pid. (5 jof £35 a bale. estimated at $9.013,796.84, as compared | “Jonbers' prices, home dressed—Spring | Wash- Ball: & Anbeo. com. .. " What will be the attitude of the Fed- Country Produce. with $9,020,212.36 for the first SIX | broflers, large, 40a43; medium, 35a36; | VA5 e St ‘eral Farm Board in the matter? Wwill it Potatoes, white, 100 pounds, 2.0082.50; "‘;’.““’s of last year. . small, 30a32; Leghorns, large, 29a30: ; 5 attempt to protect the market? S0 far|ney “barrel, 1.75a3.25. Asparagus, doz- ASsenger revomuolind the IRTECRt it | small, 25a27;" fowls, large, 28a30; small, the board has said nothing. en, 75a3.50. Beans, hamper, 50a85,| centage decline, dropping 53 per cent. 25a26; Leghorn fowls, 27a28: roosters. But its announcement must be made| peets, “100, 1.50a2.00. Cabbage, hamper,| Coal and coke revenue fell off $24,- 1819’ ducks, 23a25: turkes: , 32a33. 00n. 75a80. Carrots, 100, 3.00a4.00. Celery, | 75881, or 4 per cent. Meats, fresh _killed—Beef, 18a21; e crate, 3.00a3.50. Corn, dozen, 8al5.| Although tlie income from coal and |veal, 15a18; lamb, 25: pork loins, 25a Europe is to try mass production. coke for June showed a 4 per cent de- Cucumbers, hamper, 40a75. Lima 28; fresh hams, 25; fresh shoulders, ‘Witness _the record-breaking machinery export from the United States for the first five months of this year. With nearly every industry reporting ecline in_exports, machinery exports $270,781,000 for the first five m-r_hs, as compared with $255,100,000 for last year, a 6 per cent increase. + But what kind of machinery is Eu- Tope buying? Industrial machinery ex- ports from the United States to June 1 totaled $116,248,000, as against $111,- 902,000 for last year, a 4 per cent in- crease. { Russia is strongly in the picture. She is' specializing in agricultural industry. But the Soviets are importing large quantities of electrical machinery, too. Machine tools exported expanded 6.5 per cent over last year, agricultural ma- chinery 17 per cent, road ‘machinery 150 per cent and oil well machinery 22 per cent. Yes, Europe has taken up the ma- chine.” She has seen America grow pros- perous by mass-production methods, and she is importing as much machinery as Zshe is able, so that she may do likewise. ™" Prospects are excellent for the ma- beans, bushel, 1.50a2.00. Lettuce, crate, 1.0021.56. Onions, bushel, ~75al.15; reen, 100, 75a1.25. Peppers, hamper, &75. 'Peas, bushel, 1.13a3.00. Spinach, bushel, 1.00a1.10. Squash, hamper, 258 40. Tomatoes, hamper, g0al1.75. Ap- ples, bushel, 1.25a3.00. Blackberries, quart, 10a15. Cantaloupes, crate, 1.25a 3.50. Cherries, pound, 8al0. Oranges, box, 3.75a9.00. Peaches, crate, 1.50a 250. Pineapples, crate, 3.00a4.00. Watermelons, 100, 20.00a40.00. Hay and Grain. ‘Wheat—No. 2 red ‘Winter, export, 92; No. 2 Winter, garlicky, spot, 87%; July, 87%,: August delivery, 88%5. Corn—No. 2 domestic, yellow, new, 90a91; cob corn, 4.00a4.25. Rye—Nearby, 60a70. Oats—White, No. 2, 47; No. 3, 46. Hay—Receipts, none. The general hay market continues quiet under light receipts, mostly by truck, but ample for the demand, which is limited. While not enough hay is arriving on which to establish values by grades on carload lots, the better grade of timothy and clover mixed are in fair demand at a crease, the estimate for the week ended June 30 reflects a small improvement | from this source, with a gain for the week of $9,069.06, or 5 per cent. The total estimated decrease for the week is placed at $26,633.07, or 6 per cent. BUTTER PRICES FIRM. CHICAGO, July 11 (#).—Butter, 12,063 tubs; firm; creamery extras, 34; standards, 34; extra firsts, 3115m3212, _Firsts, 20 a30!; seconds, 27a28!. Eggs, 19,1 cases: steady; extra firsts, 211,a22; fresh } peats, graded firsts, 21; fresh current receipts, | gooseberries, per quart, 20, 19a20; ordinary current receipts, 18%. i SECURITY OFFERINGS. 18a20; smoked hams, 27; smoked shoul- ders, 20; bacon, 27; lard, in packages, 13; in bulk, 12. Live stock—Calves, 10; lambs, 91%. Fruits—Watermelons, ' 35a75;, canta- loupes, 2.00a2.50; few fancy, 4.00; honeyballs, 2.50a4.00; oranges, 7.25a 8.50; lemons, 5.00a7.50; apples, 1.25; peaches, Hileys, 3.00a4.00; Carmans, 2.50a3.0¢ pears, California, 18-pound lugs, 2.75; plums, California, 1.50a2.25; grapes, California, 3.50a4.00: blackber- ries, 2.50a5.00; cherries, 6.007 alligator 4.50a5.00; huckleberries, 4.50; Vegetables — Pgtatoes, 2.75a3.25; to- matoes, homegrown, two-peck baskets, 3.50a3.75; Southern, lugs, 4.00; cabbage, 75a1.01 kale, 75; spinach, 75a1.00; turnips, per 100 bunches, 3.00; carrots, NEW YORK, July 11 (#).—New se- | ber 100 bunches, 3.00a4.00; beets, per curities offered today includ 000,000 45 per cent bonds priced at 98 and accrued interest to yield 4.62' per | dicate. | cent, by National City Co. and sy Province of Nova Scotia_$500,000 5 per cent bonds to yield 4.75 4 A E. Ames & Co.". g o /100 bunches, 2.00a3.00; peas, 3.0043.50: Canadian Pacific ‘Railway Co, $25,- | lima beans, 75a2.00; cucumbers, 1.25a 1.50: squash, 75a1.00; corn, 75al1.25; eggplant, 3.00a3.50; okra, 75a1.25. MONEY RAT:ES STIFFEN Second (9e)." " Washington ' (13) A TRUST COMPANY. Amer. Sec. & Trust Co. (15) Continental Trust (6) ... Merchants' Bank & Trust (6. Natl. Savings & Trust (121)..000 Prince Georges Bank & Trust. Union Trust (8g)_.. P Wash. Loan & Trust (14) SAVINGS BANK. Bank of Bethesda (65) ....... Commerce & Savings (10)" East Washington (12) Potomac (10)......... " 10 Security Sav. & Gom. Bank (1 Seventh_Street (12) S United States (30). ... L ‘Washington Mechanics’ (201 ] FIRE INSURANCE. American (12)...... g Corcoran (10) Firemen's (8) ¢ National Union (18) TITLE INSURANCE. Columbia (6h) : Real Estate (6h) 3 Title & Inv. Co. Md. com MISCELLANEOUS. Barber & Ross. Inc.. com Chevy Ch. Dairy pfd. (7).~ ol Sand & Gravel pra. 1)1 o z Bell Tel Pa 53 (C).. Bethiehm £t pm bs Beth Steel rf bs Bush Term Blag Certn-Td 6%s rets. Chile Copper bs. Colon O1l 653 Col G&EI 6s,May'62 | Com invest 5353 49 Com Invest 6s Consumers Pwr 5. ConGasN Y 6%s. . Cuban Am Sugar 83 Denver Gas 5s. Det Edison East Cuba Sug T%s Gen Cable 6% '47,. Gen Mot Ac Cor Gen Thea £q 6 Goodrich 6348, Goodyer bsrets. ... Humble O & R bs. Humble O & R 6%s. 1L Bell Tel § 1034 101% 103% 10215 40 95% 60 10214 Mill Bl Ry&L 55'61. Minn & StL ref 4s. . M StP&SSM b3 gtd. M StP&SSM 6%4s. .. MK & Tex 1st 4s... M K & Tex 43 (B).. MK & Tex adi 6s.. M K&T prin 5s(A) Mo Pacific gen 4 Mo Pacific 55 A '65. Mo Pac bs F *77, Mo Pac 53 G *78. Mo Pac 6%s ‘49 ev. 3 101 100% 100 2 9% 9% 9y 7 98 98 o8 2 100% 100% 100% % 101 101% R 100'3 1004 100% 100% 100t 1008 14 109 1081 1081 Nash Chat&StL 4a. 130 92 NOTex& MbsB N Y Cen gen 314 ¥ Cent 4598 ¥ Cen deb 43 Y Cenrf im 4% Y Cen ref 63 ZZZZZZZ NYChI&SIL 4138'78 ¥ C & St L 64sA C&StLE%s B C. e % o) & StL 65’31 &StL 63 32 811y 9214 4 107% 10 107% 106% 1061 8 1004 100% 1001 1 9815 981, 981, 2" 9 ¢ 97T 22 107% 107 107 1071 10715 1071; T 101% 1015% 1018, 2 1024 10214 102 7.00; low cutter and cutter, 4.00a5.25. Bulls (yearlings excluded), good and choice (beef), 7.00a8.50; cutter to me= dium, 6.00a7.60. Vealers (milk fed), good and choice, 11.50a13.50; medium, 10.00a11.50; cull and common, 6.00a 10.00. Stocker and feeder cattle— Steers, good and choice, 500-1,050 pounds, 7.75a9.50; cemmon and me- dium, 5.50a7.75. Sheep, 5,000 head; active strong to 25 higher. Native lambs, 10.75 to most- ly 11.00. Three loads range lambs, 1150. Fat ewes, strong, mostly 3.00a 3.50. Feeding lambs scarce. Slaugh- ter sheep and lambs—Lambs, 90 pounds down, good and choice, 10.50a11.50; me- dium, 9.00a10.50; -all weights, common, 6.5029.00. Ewes, 90-150 pounds, me- dium to choice, 2.00a3.75 :all weights, dium to choice, 2.00a3.75. Feeding lambs, 50-75 pounds, good and choice, 7.25a8.00. CLOTH OUTPUT. ‘NEW YORK, July 11 (#).—Produc- tion of standard cotton cloths during 22222 3 . Emer. Bromo-Selz. “A" (2 Federal Storage pfd. (8) Fed.-Am. Co. com. (1.20f) Fed.-Am. Co. pfd. (61.... Lanston Moriotype (8) Mer. Tr. & Stge. com. (10} Te. & Stge ptd. (7) er’ Linotype (6) Natl. Mige. & Inv. bfd Peoples Drug Stores pfd Real Est. M. & G. ptd. (8) Securlty ‘Storage (3e) Ter. Ref. & Wh. Corp. i3} The Carpel Corp. (1.50)....0.! 24 W. Mech. Mtge. com. (8) 10 Wash Med. Bldg. Corp..... """ o Woodward & Lothrop pfd (1) ii2 Ex dividend ¥2a% extr B Books closed. extra. n2se extra. o extra. 130c extra extra; chine export business for the balance " of the year, probably for several years. A new era.of prosperity for Europe | may be the result. 11l Steel 6143 °40. ... N Inland Steel 43 '78. 5 9 9 ntl Cement 63 48, 5 | N NH&H 314866, 8 79 7 four weeks in June totaled 198,539,000 N H &H 45 5§ yards, a weekly rate of 49,635,000 yards, NH&H 4867, the Association of Cotton Textile Mer~ Int] Match 6847, .. 9 7. 93 chants of New York reports. Shipmens Intl Paper 58°47... 3 % NY NH&H ev db 63 17 totaled 182,652,000 yards, or 92 per cent Intl Paj ] N Y Ont & W 1st 4 of production. Sales were 129,947,000 Intl Tel & Tel 438, NY State Ry 4% yards, or 65.5 per cent of production. Intl T&T 4%s c NYW&B4% Stocks on hand at the end of the month Intl Tel&Tel 63 '55. Norf&Sou gn Eesd. btk ey e ;23“-?00“!&"6:“-!& in- Yor Pacifie $s 2027, se of 3. cent, and unfilled or- A R NoF Paciic 48, s« ders gune 30 amounted to 219,040,000 endall b3k 064 106 | Nor Pac 4148 2027 981, | yards, representing a decrease of 19.4 e 4. | Nor Pactfic 58 (D). i 105% 105 | Per cent during the month. Laclede Gas bs. . 102381023 or Pacific ref 113% 113% 113y Laclede 6%8°63. ... 5 10315 103 » D60, Osden&Lake Ch 4 8 78 18 ll:fxtdr;‘::lr-u“ Ore Short L s gtd. 2 105% 106% 10514 Ore Wash Ists... 10 91% 013 91y Penna 4%81970... 97 9T% 967 967 Penna gen 4%s 10 100% 100% 100% Penna 4%3 '63 6 1011 100% 100% 4 109% 109% 109% 2104 108 104 11 109% 109% 109% Pere Mara 1st 191y 91 811, Pere M 432 1980.. 54 99 983 99 ReadingJ C4s$1.. © 98 93 9314 Rio G West col 4 5 86 8 86 StLIM&SSs... 13 101 1007 100% StL IM&S R&G 48. 45 8% 985 98%, StL&SF pl4sA... 16 90% 90% 905 SIL&SF4%878,.160 03w 024 63 StL&SanF 5s B 1 102% 102% 102% StP & KC ShL ¢ 2 98 98 as StL 8 W con 5 08% 98 SIL'S W 68 '52. 16 100 99'; 100% | Wabash 518 75... 3 SUP Un Dep ! 6 1074 1071 107% | Western Md 17 : Seaboard AL ref 43 42 42 42 West Pacific 104%5 Capen Washington Title Ins. Co. ¢ 03 ‘Washingte B Ball Ol 9 3le 45, 4 it Shore 4s P 1637 Sifenhase! Washingion Base Ball Sfus. ' : 434 103 2 ¥ 1% Stockhoim, crown Woodzidze-Lankdon Sav. Bark.. o . BB a2 Wis Cen g 45 43... range of 20.00a25.00 per ton. Live Stock Market. Cattle—Receipts, 350 head; light sup- ply, market very dull and lower. Steers—Choice to prime, none; good to choice, 9.00 to 9.50; medium to good, 8.25 10 9.00; fair to médium, 7.25 to 8.00; plain to fair, 6.50 to 7.00; common to plain, 5.75 to 6.25, Bulls—Good to prime, none; 'zood t;) choice, 6.75 to 7.00; medium to 8004, | (Reported by J. & W, & 600 t0 6.75; falr to medium, 5.75 0 6.25: | ¢ s 1 plain to fair, 525 to 5.75; common to | Allls-Chalmers Co, S5 1037, 3 Jo1% o2 plain, 5.00 to 5.50. ' | American “Trireka” 51,8 Toon . | il et T BOO¢ altimore 0 4'2s 1933 m%’a:xce,csh o0 %o 'n?.sg;fl:;&xfi.nfn good, | Batasian fetoCorn! {1 i, 5.00 to 6.00; fair to medium, 4.00 to 5.00; 7 e 817 extra. rights. BellTel of Canndn 55 1951 2. POULTRY PRICES FIRM. el exira, California Pet. Corp. 5'us 1938, plain to_fair, 300 to 4.00; common to plain, 2,50 to 3.00. Ao Wi When issued. CHICAGO, July 11 (A).—Poultry, | %% X" Ganadian Nor LRy, 4las 1935, alive, two Su '.’Bylrucks: firm: Fowl: Chiie ‘Copper Co. 55 1947 - 22; Springs, 28; brollers, 20a23; roost Heifers—@hoice to prime, none; good | Gudahy Packing Co, 5l {37 ers, 15; turkeys, 15a18; Spring ducks, to choice, 8.00 to 8.50; medium to good, [ Gen: Mo, Accen. Corp. 6s 1937, 1 13a16; 'Spring geese, 16, . 7.00 to 7.50; fair to medium, 6.50 t0 7.00; 5 plain to fair, 6.00 to 6.50; common to plain, 550 to 6.00. Genéral Pel. % FOREIGN EXCHANGES. Fresh cows and Springers, 40.00 to (Quotations furnished by W. B Hibbs & Co.) 80.00. 5004 55 105 N"F"‘!“ lfll‘:,fid“nl checks Sheep and lambs—Receipts, 100 head: vaitie for par). fair supply, market steady. Sheep, 1.00 Time Funds Continue to Show a $light Recession. Call money rates stiffened fractionally during the week ended July 5, as com- pared with the previous week, but time funds continued to show a slight reces- sion. The following averages, prepared by the Census Bureau, indicate the trend at important centers for com- parable periods: <aten TREASURY CERTIFICATES, (Reported by J. & W. Rate_Maturity 38 Sept. 15, 1930 3145 Dec " 15, 1930 278 June 15, 103100 3138 Mar. 15, 1932000000 3 3'2s Sept. 15, 1932 100 2 2 3 Dec. 15" 1932 100 30-32 2227 i PARIS BOURSE PRICES. {! PARIS, July 11 (#)—Prices moved ! frregularly on the Bourse today. Three | per cent rentes, 87 francs 20 centimes: 5 per cent loan, 102 francs; exchange on London, 123 francs 66 centimes. The dollar was quoted at 25 francs 42 cen- {i times. 612 n1 3 SHORT-TERM SECU{ITIES. 928 Call. Week ended July 2k Previous week Sates. Hign. Low. Close. Same week last Vear! Sou Pac ref iM% 94% 4% Sou Pac4%srets.. 32 98 978 97, Sou Pac 41869 ww 45 99 987, a9 Sou Rwy gen 48.. 37 8i% 904 9014 Sou Rwy con 6s... 122 111 100 1101 SouRwy Mo&O4s 2 94% 94% 941, Tex Ark FS5%#'80 4 105% 10515 105% Texas & Pac 1st. 5 110% 110% 110% Tex & Pac 68 C*19. 102 1023 Third Ave ref 4 45% 45% Third Av e 2 9 97 Tol SIL & W 4350, 1 Union Pac 1st 4s.. 21 Un Pac 1stref 4a.. 76 Union Pac 45 ‘68, Union Pac 4% Virginia Ry 1st 6 Wabash 4% s Wabash 6876 B. .. T PR T3 <SP P STOCKS EX-DIVIDEND. Loew's 63 w o war. NEW YORK; July 11 (#).—" Larillard 6% i Lou Gas&El bs *52.. Manati Sugar 7% McC'rmek KR 6 Midvale Steel Montana Pwr *43... 12 Montana Pwr db 58 Morris&Co 1sté%s. 2 Nat Dairy 6% Unlisted Department. BONDS. il #dams J D Mfg R | geric Bd & Cred pf... 17hc i#Mla Gt Soutnern RR o8 Swoo Asked Army-Navy Club Ss..... Cosmos Club_4las. . Commereial Club st Metropolitan Club 4! STOCKS. Anacostia Bank. o ‘Amer Coal of Alleg Amer Smelt & Ref : Anaconda Copper Mig Anac Wire & Cable Co Andes Copper Mining Arkamas Mo Pow pf Assoc Dry Goods | Birtman Elec_Co Bullocks Inc 7% pf Commonweslth 'Edison Compania Swift Intl Consol, Chem Ind Inc Cl A part pf $ Coon W B Co Do pf 0 P! Cartis_ Lt T, 102 993, 106% 114% 1015 107 111 108% 1035 N Y Edison 6148, N Y Tel N.Y Tel & N Y Tel 6549 No Am Ed 6% Nor Ohlo Tr&L Nor States Pwr 6: Pacific Gas & K) 6 9874 00 ®mOOOOOOOOOOOD] Phillips Pet. Co. 545 1039, Rome, lira. . Chr. Heurich Brewer: 1 0 10.50; roughs, 7.00 to 8.90; light & Co 5s 1932 1002 b Pure Oil Corp. 5';s 1037, 993 Shell Union Oil 85 1947, e re Distriet Title Ins. Co.. k R Franklin National Bank. 200 pigs 935 o 10.10; pigs, 990 to 10.40. Bolon, Qi of Oat. S5 1958 alv Gulf Oil of Pa 55 1937 Humble Oil 5';5 1932, 53 . ;‘nlrrnn' Match Corp. 55 1947, . pin Sacks... ..., 5. e 391 Shanin Sacks g% 219 H 4 2 ; g Focsipie 650 aed: ght sup- | Bniie e O co BiLi 16t yids e ot gt sup- | Biahoard Bl WOl Eey e bt 10914 ply. market steady. Lights, 1035 to|Siahdard Qi N, York g1z 1951, o2 s Madrid, pesets Munsey Trust Co. 165 Vienna, schilling Northeast Savings Banl . a5 Budapest. pengo. Park vings Bank. 90 Prague, crown ( Raleigh Hotel Co. Receipts, 100 head; light sup- | U, S Rubber 55 1347, By highér. Calves, 5,00 fo ' Weiten Hlecirle 6o ‘Wheelins St Y. Chi. & St. Louis 6s 1932. 3 Berlin, mark Connecticut Pie Co. 10.50; heavies, 9.75 to 10.20; medium, Southwestern Ry. 4s 1932 987 60 8 Warsaw, zloty. ... Washington-Saving 2 20 . 975 1944 S'is 1948 el Corp, 4125 I 267914 26.79¢ 20.88¢ © >