Evening Star Newspaper, July 14, 1930, Page 12

FINANCIAL.” UTLITY AN 01 SHARESLEAD IR Mark>et Active and Higher, With Prices Firm Up to _Time of Close. BY JOHN A. CRONE. {al Dispatch to The Star. NEW YORK, July 14—Public util- fties, ofls and miscellaneous industrials led today's active and higher curb mar- ket, which was firm right up to the finish, Electric Bond & Share was up more than 2 points. American & Foreign Power was up about 4 points near the close, and United Gas, ne rose frac- Transamerica Corporation's weak- ness—it hit another new low level to- day—early unsettled the holding com- | pany group, but later some of these shares improved, motably * Goldman Sachs and Shenandoah.. . American Cyanamid led the advence of chemicals. American Tobacco, new, hit a record high mark. Cities Service paid little attention marketwise to the withdrawing of the fractional unscld portion of the recent debenture issue. White Star Refining, eem.n:g 0se designa e s which shows those stocks to be sold in odd lots only. —Pres.1950.~ Stock and Sales— Hish. Low. Dividend Rate. Add 00. Open. Y% 34 Ar Investorav.te.. 1 44 104% Alabama Pwr pf(6). 75s 101% 9% Allegheny Gas. 13 4% 3 Allied Aviation..... 14 2 15% 4 Allied Mills (60c! 1094 Alu Co of Am pf (6) Aluminum Co of Am Am British & Cont. . Am C P&L(B)(10%) Am Com P(A) b10%, Am Control Ofl Flds, Am Cynam B (1.60). Am For Pwr(war).., Am Gas & Eleo (31). Am Gas&Elec pf(6) Am Invest, Inc «B). Am Invest (war). Am Lt & Trac (23). Am Mfg Co 14). Am Maricabo Am Natural Ga: Am Superpwr 11 Am Sperpwr 1st (6). Amer Tob new (D). Am Tob B new (D). Am U&Gen B vic 400 Am Yvette (n) w.1 Anglo Chil Nitra Appalachian G Arkansas Nat Ark Nat Gas (A). Ass0 G&E (A) 12.40. Ass0 Gas&El ctfs(8) Rayon pt (6).. Atlas Utll Corp. ..., Auto Muslc A(11.05) Auto Vot Ma cv pf pt 2 e which has not ed on the tape since late_in Fel . opened up 21 | points at 74 Aviation and ahead in the last fo las, Western Air poration of Amer Limited, were among the gain & Co. responded to the in wheat. Industrials mustered up a fair amount o strength. Driver Harris was in suf- ficient demand to bring a 7-point rise. American Cynamid “B,” Niles Bement Pond, American Tobacco “B” new and Technicolor showed outstanding firm- ness. In the mining group Newmont rallied 4 points, but Consolidated Min- ing & Smelting, another inactive slumped 41 points in the first trans action in some time. Transamerica was again offered | freely and touched a new low at 20% before recovering moderately. Call money renewed on the curb at 3 per cent. res for cas and Ford Motcr, | rs. Deere | improvement | DIVIDENDS DECLARED NEW YORK, July 14 (#).—Di idends | declared: Hidrs. of record. July 15 | June 30 June 30 July 15 July 15 July 19 July Aug July = Pay- ompany. Brown Co pf.... Fam Pinancing.. Do pf......... 175 Tdsho Pow’ 36 bf.’$1.50 Do 7% pt L7 Lazarus (F & R) ... 81621 Mill td % BI.... 317 N O Tex & M Ry sl Wilson L' Inc bf.$3.5 Resumed. Bower Roller Bearz.25¢ Q % Omitted. Foreman (GM) & Co PL.13.50 SA Due July 1| 200 O 0OOOD, Aug. BONDS ON THE CURB DOMESTIC BONDS. High. Low. Close. 2 Aluminum Ltd 55 31 Am Cmwlh Pw_6s SAmer G & E 55 '28. 99 4 26 Amer P & L 65 2016, 107% 107'2 107% 8 Amer Roll Mill 5s '48 982, 98'2 98% Amer Seating 65 '36 8 1 Appalach Gas_6s 3 Appalachian G 6s G 32 Arkans P & . 55 3 Asso Electric ‘4125 134350 G & E 4125 C ! 6 Asso Gas & Ei 5s 3 Ass0 Gas & E 5%as ‘38 34550 G & E 548 77 2As Sim Hdw 6'ss ‘33 8 86, 8 s Tel Util 525 '44 C 96'a 96 961 §Bell Tel Can 55 A '55 1031 103% 103% §Bell Tel Can 55 B ’57103% 103% 1033 1Bost & Me 2d 55 '35 993, 993, 993, 5Bost & Me 6s m '33. 102'4 10214 1024 16Can Nat 4%s........ 1001 100 ' 100%s 10 Carolina P & L' 85 '56 10234 102% 1023, S Caterpil ‘Tr 5s_'38 wi 101% 10i% 101% 7Cent St Elec 5135 '54 79 78'a 19 5 Childs Co 55 '43. 872 8712 8% 11 Cities' Service 55 8 11 Cit Serv Gas 5) 11 Cit Serv Pow 5! 2 Cleve Elec Illu 7s '411 1Comwh Ed 4iis D '57 2 Comwith Edis 425 E 98 3 Cons Gal Bait 4125 H 99% 13 Con Nor s E S 2 Cons Pub_ 634 20 Consum Pow 12Cont G & E 55 1Crown Zeller 6s Cudahy Pk 5) 35 Det Int Brde 80 Det Inter Brdg is '52 25 Elec P & L 55 A 2030 13 Empire OXE 5iys 42 2 Pirestone C M 55 '48 16 Pirestone Tire 5s ‘42 5 Firestone Tire 5s '42 18 Florida P & L 55 '54. 892 1 Gatineau Pow 55 '36. 9505 1Gen Rayon 6s A '48. 68 2 Gen Wat Wk 65 B ‘44 88 32 Georgia Power 55 '67 101 1 Guif Oil Pa 55 '3 1Guif Oii Pa 35 '47,.. 102 ' 102 ' 102 BGulf St Uti! 55 A ‘56 9912 99% 99% 1 Houst Gulf G 65 A 43 9312 9312 1Tilinois P & L 515’57 93% 93% 03%s 1 Independ: OIl 65 '39. 103%a 103% 103t 29 Indnap F&L Ss A 571003, 100t 100t 26 Insul Utilit 6s B '40. 10535 101 = 101 3 Intersta Power 55 '57. 90% 90 90% 11Intersts Power s '52 83 ' 88 88 2 Inves Co 55 A '47 xw 8% 8% 10 Towa-Neb L&P 55 94% 947 4 Laclede Gas 5'.s '35101 101 © 101 4 Lehigh P S 65’ A 2026 103% 105 103% 17 Libby McN & L 55 '42 93 ° 923 9 3La P & L 55 57 973, 97 5 Manitob P 5! 23 Mass Gas 5 v 973, 1Miss River Fuel ¥w.. 957 957 957 23 Mo Pac R R 55 '80 wi 10013 100's 1001 §Mont L Hap 3, 4 511003, 1o 10 s a8 75 A 83v, 881 91" 91 347 34T, 89 957 68 88 101 101 101% 101%, 101% 113 3478 1 Narragansett 55 /57.. 10133 3Nat P & L 6s A 2026. 10513 31Nat P& L 35 B 8Nat P S 55 18... Nattonal Tea 55 '35, Neisner Bros 6s ' N N 1 1 H ol f 102 103 Nor Ind P § 55 D ’66 1024 102% 102% Nor Sta Pow 6%:s '33103 ' 103 ' 103 Nor Tex Ut 7s '35 ww 111% 111% 111% 3 65 760 98 ' 98 ' 98 E 57 965 962 9615 t 5548 ww 813, 81 - 813, c W O 6125 '43 ww T8'2 8% 4Penn Doc & W 65 '49 953 95 4Penn O Ed 55 B '50 997 993 2Pesp L&P 55 70 ww 9 3Pitts Coal Co 6s 1Pub S Nor Iil 55 ch Cen Pow 55 9 93 100! 76 69 80 9% -102 ' 102 101 101 b2s 48 1005 100% 1003, v 08's 0Bly 9814 ¢ 10773 107 * 107 '511031% 10315 10315 2 103%2 103%2 10313 s 44 9315 93 9315 A ST 99 99 09 So'thw P&L 6s A 2022108 108 108 1 Standard P & L 65 57 99 99 99 20 Stinnes 7s 86 85': 85 " 1024 10215 102 & 100% 100% o 8713 883 H 9117 10033 10017 100% 101 9915 001, 4 95 963; 1102 2 65 80 9434 9514 e RE 65 10 Shaw W&P 4 Shaw W&P 4! & Sha 3 Sha 1 Shem ki 3 1 2 15 1 5 9 97 96% 983, 10042 100% 893, 8971 9% 91% 941 9414 85 " 8 96 100 997 Berlin Cy 8 Brisbane City 6s 6Buen Air Pr 7Tiss 2Chile Mtg Bk 65 1Com Pr Bk 5'us 35 Cuban Repub 55 2 Cuban Tel Ti3s A 41 10715 1074 10744 3 Danish Cons 85 . 9611 961 2 Danish Con 5! 953, 2 Den Mtg B 5s 977, 9 Europ El Cp 6'; 1Europ Mtg 7s C 12 Ger Cons Mu 1Ger Con Mu 1 Hamburg EJ 5! 3 Hamburg Elec 5 Helsingfors 6! 6 1tal Sup Po; 5 Mendoza_Pr 3 Nippon E 8 Prussin F. 50. 96% 47 100 31100 37 89!z 8912 45.. 9414 94 4 57735 o813 .. 102 £ s 46 xw." 89 2 Sydney NSW §'as 55 87% 17 Ter Soc 6135 A 52 xw 99 4 United El Ser 75 '56. 95'4 12 Unit El Ser 75 '56 xw 93 ' 2% ww—With warrants. xw —Without -m’ n—New. wi—When issued. 2 9% 5% Aviation Corp of Am Aviation Credit. . Corp(1.60) e Cp (40e). 1ce ov pf oston & Albar Brazil Tract & Bridgept Mach Burco. Ine (war)., Bwana M Kubwa. Cable Raadto T v.t.e.. Canada Marconi. Cent P'S (A) (aL.7 7 Cent States Elec $400 13 Cent Sta Elcv pf (6) 508 Centrifug Pipe(60e). 1 Chain Stores Dev.... 4 Chat Ph Al n-v(50c). 8 " Chem Nat Asson-v. 50 Cities Service(130c) 276 Citles Srve pf (6)... 2 Colts Pat Fire A (2). 1 Col Oil & Gas vic.... 44 Colum Plcv.t.c. 31%. 3 Com'wlth Edison(8) 20s Com'with & Sou war 5 Comm Wat Serv b6% 10 Comstock Tunnel.... 36 Consol Auto Merch.. 4 Cons Min&Sm t12% . Con Retail Strs (1).. 4 Consol Royal (60c).. 1 Contl Shares pf (6).. 758 Cord Corp. . Corp Sec, Chi (b6’ . Cosden Oil. . Creole Petrcleum. 4 Cressan Consol (8¢). Crocker Wheeler. ... Crown C&S pf(2.70). Cuneo Press (23)... Curtiss Wright war. Cusi Mex Mining.... Dayton Alr & Eng... Deere & Co (11.20).. De Forest Radio. .. Deisel W Gtlbert (1% Detroit Aircraft. Douglas Alr (75¢)... Dow Chemical (2)... Dresser(SR) A(33%). Driver Harris(new). Dubllier Cond & Rad Durant Motors...... Eastn G&F Asso.... Eastn Sta Pwr B(1). Elsler Eelectric(1%) El Bond&Sha cu pf (5 El Boud & Sh (b6) El Bond & Sh pf (6). Elee Pwr Asso A (1) Elec Pwr Asso (1).. Elec Shareholdg(21) Empire Corporation. Empire Fire ins. Emp Pwr pt (14.04). Euro Eiec deb rts. . .. Evans Wallow Lead. Ex-Cello Air&T (80c) Fabrics Fininshing.. Fedders Mfg Co(A).. Federal Screw (3) Flat Stock deb rts. .. Florida P&Lt pf (7). Fokxer Atreraft. ... Ford Mot, Can A 134 Ford Mor,L.td. 37 j4e. Foremost D P pf 1.60 Fox Theater Cl (A). General Baking..... Gen Baking pf (3) Gen E. Ltd rets(50¢) Glen Alden Coal 8... Gleaner Harv, n (2). Globs Underwriters. Gold Coin (new) Golden Center. Goldfield Consol. ... Goldman Sach T C, Gold Seal Elec new. . Gorham Mfg vte($2) GrA &P T n-v (5).. 100; Gulf Ofl of Pa(1%). Happiness Candy. Hecia Mining (1 Houston Ol of T Hudson Bay M & 8., Humble Ol (2)..... 1 Hydro Elec Seo (2).. Imp Oll. Can, n(50e) . Ind Terr 1ilu Of1 (A) Ind Terr 1llu O11 (B) Ind #in etfs(b10%). Insull Util Inv tb9 % ins Co. No Am (13).. Insurance Sec(1.40)., Intercontinent Pet n Intl Superpwr(31).. Internat) Utll (B) Intercont Pow A (: Intercont Pwr war Intl Petroleum (1).. % Interstate Equiti Irving Alr Chute war Italian Superpwr A.. Kolster-Br (Am Sh) Koppers G&C pf(6). Lackawanna Sec(4) . Lane Bryant (2).... Lefcourt Real pf(3). Libby McNell & L. Liberty Baking. .... Lion Ofl Refin «2) Loew’s, Inc (war) Loew’s, Inc. deb rts. Lone Star Gas, n (1). Loutsiana Lan & Ex. 4 1 2 258 5 8 20 4 11 81 20% 72 44y 67 4% 2% 32 27% 94" 933 80 104% 223 24% 19 8 12% 404 4% 24 12% 3 9% 1% - CTSTT o F o 2 1 100 184 31% 15% 8 9 2% 31 1z 80 2% 9% 2% 2% % 20% 2% 35 200 127% 1 8% 17% T 91% 39 20% 27% 284 18 6% 687% 16% 3% 323 13% 21 2% 18% 8l 4 3% 9% 9% % % 9% 9914 40 40 25% 25K 28% 281 14W 14w 8 3 23 23 9% 9 35 35 39 2% e e w15 E e ne et Ao N o D RN RNON ARG~ S e e 1274 1 8% 19 % 92 39 201 28% 28% 18 56% E 1 18 17 % 14% 21 24 19 wromSNerans~nSe cEaBmm mEn 50; 23 9 35 38 2% PY Y EPRUTIOTOTOToR - ST 38 2% THE EVENING ] NEW YORK CURB MARKE ~Prev.1930. High * Lo % 17 27% 4% 3% 224 881 6% annual pa; 14 Stock Dividend Rate. Magdalena Synd.... Man-Bowman(A)1% Mfg Finance v.te.... Marine M1d (1.20)... Mavis Bottiing . . Memphis Nat Ga: Mer Cha&S pf A 6 Mer & Mfg SA(1%). Met T Cor pt pf 13%. Met Chain Stores. ... Mid Wst Util B.war. Mid Sts Pet v.t.c. B.. Mid W Sts Ut (1%).. Mid Wst Util(b8%). Midland Unit (b6%). Midland Utd pt A(3). Midvale Co (4) Mia Corp of C ( Mo Kan P L (b10%). Miss K PLv.te. Montecatini deb rts.. Morison Elec(11)... Mount Prod(1.60)... & Natl Amer Co. . Natl Aviation....... atl Fam Strs(1.60). atl Fuel Gas (1)... Natl Investors. . Natl Pwr&Lt pt (6). 1508 Natl Pub Sv A(1.60) atl Rub Mach (2) Natl Screen Svc(2).. Bales— Add 00. Open. High. Low. Close. 20K 15 19% 30% 1% 13% 85 27 37% 8 4% 2% % 15 19% 311 1% 14% 85 27 37% 8 4% 2% 26% 29% 26 44 57 1% 24% 14 1 40 8 7 1% 1315 32% 131 10219 22% Nat Sh Trm SecA 350 * Nehi Corp (1.30).... New Brad Oil (50c).. NJZine (42%)....m Newmont Min ($4)., New Quincy M (10c) N Y Hamburg (2%). N Y Rio&Bu Atre % N Y Telpf (6%). N Y Transitn(t1.7 fag H Pwr n (40c). Niag Hud Pwr.A war Niag Hud Pwr B war Niag Shars Md140¢). Niles-Bem-P (1234). pranda Mines (2).. No Am Aviat A wa No Am Lt&Pr(bs % Noth Euro Oll Corp, , Nor Sta Pwr A(8).., Ohilo Copper Ohlo O1l (4) Ohio Oil new wi. Oflstocks, Ltd A 3500 Pac G&EI 15t pf 13, 4 Pac Pub Sve (1.30) Pac Western O1l. Pandem O11. Pantepec Ofl. Param’t Cab( . Parke Davis (11.55) . Pennroad Corp (20¢) Penna Pwr&Lt pf(7) Perryman Elec. ., Petrol Corp war. Pie Bak of Am A (2). Pilot Radio Tube(A) Pitney B P.n (20c).. Pitts Plate Glass(2). Plymouth O1l (2).... Premier Gold (24¢).. Prince & Whitely 1.. Prince & Whit pf(3) Prudential Invest... Pub Util Hold w w Puget Sd P&L pf (§) Railroad Sh Cp(25¢) . RY & Utl] Inv (A)... Ralnbow Lu Prod A. Rainbow Lu Prod B. Red Warrior. . Relter-Foster Reliance Intl (A). lellance Manag. .... Rike Kumbier(2.20). Rolls-Roy of Am pf. Root Refining. .. .... Root Ref cv pf(1.80). St Regls Paper (1) Saxet Co. . Seaboard Utl (50c). Selected Industries. . Sentry Safety Cont.. Shenandoah Corp. ... Silica Gel Ctf Sing Mfg Ltd. . Smith (A 0) 12).... South Penn O11(t2%) Southern Corp....., So Pipe Line (12)... Standard Motors. ... Stand Ol Ind 123%), Stand Oil. KY (11.80) @ » [ET0% P TPTSTOIN - IUPSERP ARG - ST PTUROS TR0 0t RSy 8 LETHES- P8 e Stand O1l. Ohlo(23) 350s Stand Pwr & Lt (2). Stand Screw (8). . Starrett Corp 4 Stein Cosmetics Strauss Roth Sunrav Ol (40¢) Swift & Conew (2).. Tampa Electrio (32) Technicolor. Ine.... Texon Ol & Ld(25c) . Thatcher Sec Corp. Transamer (31.60) Tran Cor Alr Tran.. Trans Lux DLPS.. Tri-Cont Corp (wa Tri Utlifties($1.20) Tung Sol Lamp (1).. Ungerlelder F Corp. Un Nat Gas, Can 1.60 Union Tobacco & Unit Car Fastnr(60c) United Chem pf (3).. United Corp (war). . re(b2.35) Gas Co (new) United Gas (war)... United Gas ptf (7)... Utd Lt & Pwr A(1).. Utd Lt & Pwr pf(6) ., Unit Molasses. Ltd. . Unit Public Sve. .... 4 US Elec Pwr ww..., US Lines pt (1)..... US & Overseas war.. U 8 Radiator (2)..., Unit Verde Ext (2).. United Zine & Smelt. 4 Unity Gold. “es Utility Pwr&Lt(a1). Utl] P&L B ctfs (a1) Utility & Ind. Utl) & Ind pf (134)., Utility Equittes. .... acuum Ol (4)..... ‘an Camp Milk pf... an Camp Packing. ., Van Camp Pkg pf. Venezuela Petrolm., Vick Financial Corp. Vogt Mfg Co (2) Walgreen Co. Walker (H) (1). Wenden Copper. Westn Alr Exp(60c) Wil-Low Cafeteria.. Wilson Jones (3) Winter (Benj)...... Zonite Products (1). RIGHTS. 4 InsCoof N A % Intl Nickel + Mo Kan Pipe .Oc Dividend rates in dollars based on yment. - o3 mRunveinaldonmnune N SRn mprmmE wsBaasass Soeomren 1 Expire, gET 34 13 34 Ll W 15 19% 30% 1% 13% 85 27 3% ™ 4% 2% 25% 284 26 a4 57 1 224 1% 1 40 3% £ i +* iast quarterly or semi- Received by Private Wire Direct to The Star Office % 15 194 314 1% 14% 85 12 874y TH 41 2% 25% 29% 26 44 57 14 24 1% 1 40 I “Ex-dividend. tPartly extra. tPlus extra in stock. a Pavable in cash or stock. bPavable in stock. d Payable in preferred stocl Markets at a Glance MARYLAND LEAF TOBACCO STOCKS ARE INCREASED Special Dispatch to The Star. Company. Pe- STOCKS EX-DIVIDEND NEW YORK, July 14 (#).— Pav- i 102Y | NEW YORK, July 14 (#).—Stocks, strong; Radio-Keith-Orpheum rises more than 3 points. Bonds, irregular; best grade issues steady in dull trading. Curb, firm; Transamerica touches new low. Foreign exchange, firm; Spanish peseta reacts 4 points; cotton, lower; favorable crop advices. Sugar, barely steady; easier spot market. Coffee, firm; Brazilian buying. CHICAGO, July 14 steady; good export. trade. decreased visible. steady. (). —Wheat, Corn, firm; Cattle, steady. Hogs, POTATO MARKET. CHICAGO, July 14 (#)—Potatoes— Receipts, 111 cars; on track, 814 cars; total United States shipments, 946 cars, Trading fair; market stronger on sack, steady on barrels; Kansas and Mis- souri sacked Irish Cobblers, 1.50a1.60; pure fancy. shade higher; ordinary stock, 1.25 and up; Eastern Shore, Va., barrels Irish Cobblers, 3.25a3.40. ATES ON SILVER. LONDON, July 14 (#).—Bar silver, 16d per ounce. Money, 12 per cent. Discount fates—Short bills, 2% per cent; three months, 2% per cent. o S Crzechoslovakia is developing its air express service, : BALTIMORE, July 14.—Receipts of Maryland leaf tobacco gumped to 1,406 hogsheads last week, while sales of 917 hogsheads were reported, leaving a stock |In State tobacco warehouses of 3,291 hogsheads. Demand continues good for all grades with prices well maintained. Sales for June consisted of 2,767 hogsheads containing 1,899,875 pounds heads containing 278,715 pounds, at an average price of 2427 per pound, Quotations today for Maryland leaf, per 100 pounds: Inferfor, 6.00a8.00; sound common and greenish, 8.00a14.00; good common, 15.00a24.00; medium, 25.00234.00; good to fine red, 35.008 43.50; fancy, #'.00245.50; seconds, com- mon to good medium, 6.00a15.00; sec- onds, good to fine, 26.00a35.50; upper country Burley, nominal; ground leaves, nominal. —_—— NEW SECURITIES NEW YORK, July 14 (#).—New securities offered today include: United States of America, $15,000,000 ‘Treasury bills dated July 14, 1930, and due September 15, 1930, at a 1.75 per cent per annum discount, by Interna- NEW YORK CLEARING HOUSE. NEW YORK, July 14 (A).—Clearing house statement: Exchanges, $574,000,- 000; balances, $t41,000,000, 4 at an average price of .2417 per pound,, | which compares with sales of 416 hogs- | Amer Home prod e e mer Home Prod. .. 386 Brown Co pf..............31.50 Q nxlxl)rml Corp Ltd Am Dep Rec.4 A!n Cockshuii Blow Go™ 11 i ‘Cnlumhua Ry P & L pf B.51.62 | Edison’ Elec' 111 ‘(Boston) . | Elgin Natl” Watch Jrand 3-25c Strs 62", F w ‘Aug. Aug. Aug. Aug. Aug! Aug. Aug. Aug. Aug July 2 Aug. Aug July 1 i F0p000C0; om0, .3 | Galveston Whiarf ‘€0’ Gllehrist_Co Gimbel Bros inc Hartford Elec Lt Lehigh Port Cem Lowell Elec Lt Mahoning Coal R R\ Middle West Ut Natl Tea Cf Natl Tile _Co.. . . Northern Tr {(Phila) Railway & Lt Sec (Dei). Rhode ‘Isl Pub Serv A. Do. pf ... Silver, Isaac & Bros. Simbsoa's Td'6i4% B Do, i35 i Thompson Houston &o Amer e iee & Bearer 100 fe: Western Pow Lt & Tel A....50c METAL MARKET. NEW YORK, July 14 (#).—Copper dull; electrolytic, spot and future, 11%%. Iron steady; No. 2, f.0.b. Eastern Penn- sylvania, 18.00819.00; do., Buffalo, 16.00; do., Alabama, 12.00a14.00. Tin easie by, 20.37; futures, 29.62. spot, New Vork, 5.25; East . Louis, '5.15. Zinc quiet; East St. Louis, spot and future, 4.12a4.15. Anti- mony, spot, 6.75, Quicksilver,-120.00, - » £0pOPOD POOFOOLOD; Q STAR, WASHINGTON. i D. C., MOXNDAY, COTTON PRICE DROPS ON LOCAL SELLING Favorable Weather Outlook South Helps Drive New York Quotations Down. By the Associated Press. NEW YORK, July 14.—More favor- able view of the weather outlook in the South and relatively easy Liverpool cables were reflected by declines in cot- ton here today under liquidation and local selling. New Orleans was also reported a seller on the decline, which carried the price of October cotton off to 12,53, or into new low ground for the season on that position. Trading was compara- tively quiet during the middle of the afternoon, but the market was barely steady at net declines of about 16 to 20 points. January (old) January (new March May Juiv October October Low. 13.03 12.80 12,00 1315 12437 12.81 1253 1300 1273 (oid) (new.. (old) (new).. December December WESTERN MARYLAND REVENUES INCREASE BALTIMORE, July 14 —Revenues of the Western Maryland Railway, after showing decreases recently show a slight gain for the week ended July 7, when estimated earnings aggregated $300,216.86, an increase of $328.04, com- pared with corresponding week a year ago. FTotal earnings for the cuirent fiscal year to July aggregated $9,314,013.70, a decline of $6,087.48 from the corre- sponding period in 1929, MONEY MARKET. NEW YORK, July 14 (#).—Call money eased to 2 per cent today, after renewing at 21, per cent. Commercial Paper was somewhat less active, with rates unchanged at 3 to 3V, for best names. Bankers accept- ance asking rates were steady and un- changed and time money was dull and unchanged. TR Ri]':BBER MARKET. NEW YORK, July 14 (CPA)— Rubber—Crude rubber, smoked ribbed sheets, were marked down !¢ at to- day's noon quotation of 11lgc. This compares with 1215 a month ago and 217 a year ago. Whitman & Barnes Inc......25¢ Q Aug. 1 CHICAGO STOCK MARKET CHICAGO, July 14—Following is the complete official list of transactions in stocks on the Chicago Stock Exchange today: Sales. STOCKS. 50 Abbott _Lab. 200 Acme Steel... 100 Adams M 50 Ainsworth MIs 200 Allied_Mot In 50 Am _Equities.. . 50 Am Pub Ser pf. 50 Am Radio. 200 Am Service 250 Art Metal. 50 Assoc Apparei 34 Assoc T & T A 800 Assoc ‘Tel Util. 1650 Auburn_Auto. 30 Bastlan-Blesting 10 Baxter Laund A.. 200 Beatrice Creamery. 1900 Bendix Aviation.. 4100 Borg-Warner 200 Brach & Son 350 Burnham _Trad.. 150 Burnham Trad 50 Castle A M... . 22 Cent INl Pub Ser pf 250 Cent 1ll Sec... 150 Cent Pub_ Serv 2850 Cent & So West. 15 Cent States Util 150 Chi City & Con 5000 Chic Corp .. 300 Chic Corp 'pi 40 Chicago Towel pf. 9900 Citles Service Somw! son . 30 Community Tel ... 550 Consumers 200 Cont Chica 50 Gont Chic 4000 Cord Corp. s¥.580m, ey S5t ny 2250 Elec Household . 50 Emp G_& F, 6% 400 Foote G & Mach 1050 Gen Thea Eq.. 200 Gen Wat Wks A 400 Gleaner ... 250 Gt Lakes Aircrafi 450 Gt Lakes Dredge. 17800 Grigsby-Grunow. 100 Hart-Carter. 10 Hibb_Spen B 100 Houdaille-Her A 1100 Houdaille-Her B 100 Ind Ter Tilum OIl 2150 Inland _Util 9000 Insu.l_Util 550 Iron Fireman . 50 Invest Co_of An 350 Jefferson Elec . 50 Kalan.azoo Stove . 100 Katz Drup 60 Kelloge Switch' pi 1200 Libby-McNelll 450 Lion Oil_Ref 250 Lynch = Glass. .. 10000 Majestic House Ut 350 Manhat Dearborn. 50 McGraw ~Elec. .. 200 McQuay Norris: . 350 Merch & Mfrs A 25000 Mid West Util 700 Mid W Ut “A" o i, 1450 Midland 400 Midl 500 Mid] d 91Mid Ut 65 A pf. 15Mid Ut 7s A pf.. 2300 Mo-Kan Pipe 100 Modine .. 3 500 Muskegon Mot new 235 NatL Battery . 450 Nat Elec Pow A 100 Nat Secur Inv 100 Nat Secur Inv'cit 200 Railroad Sh.. 100 Rath Pack 160 Reliance Inti.. 100 Rollins _Hos. 350 Sangamo Ele 50 Saxet .. 2430 Seaboard Ut 250 Steinite Radio. . 900 Bwift & Co. 500 Swift Int’] 50 Tenn Prod....... 50 Time-O Stat Cont. 400 Transformer 5 400 Twin 8t Nat Gas. 100 Unit Corp............ 50U S Gypsum. 50U 8 Lines.. 1400 U 8 Radio & ‘Tel . 800 Utah_ Radlo.. . 500 Util Pow & L e 200 Util Pow & L n-vot.. 1700 YUl & Ind... .. 250 Util & Ind BE. 200 Vortex Cup. 50 Vortex Cup 40 West P L & Tel 2500 Wis Bank Shrs 1150 Zenith Radio. Stock sales toda; 64000 Insull 65 '40.... 1000 Chi Ry “ctfs bs. ‘27 3000 Swift & Co 55 '44 Bond_sales today. ‘368 102 101% 102 81 81" g1 102'4 102, 102 Specializing in Established Business Investments JAMES Y, PENNEBAKER Nat.5291 1520 K St. N.W. Management Over 30 years’ suc- cessful handling .of rents—economical con- sideration for owners. Personal attention to details and prompt remittances. Also facilities for financing. Moor(e & Hill, Inc. e 1900) 730 17th Street in! MUNICIPAL UTILITIES [ EXTENSION PLANNED | Cheek Announces Proposed Pur-| chase of Properties in Ken- tucky Cities. By the Associated Press. | CHICAGO, July 14.—Further exten- | sion plans of the Municipal Telephone & Utilitie§ ‘Co. are announced by Mil- lard F. Cheek, president. In a state- ment to be issued tomorrow he said that through contracts signed with the | Commonwealth Engineering & Manage- ment Corporation the municipal com- panies acquire within 30 or 60 days the Kentucky States Telephone Co. and other utility properties in Kentucky by outright purchase of their common stocks. The properties have an appraised valuation of more than $1.600,000 and include upwards of 30 exchanges and 407 miles of toll lines, serving mostly | towns of from 1,000 to 15,000 people, all | situated in the Blue Grass section of | Kentucky. | Other subsidiaries of the Municipal | Telephone & Utilities Co. include the | recently. acquired Southern Kansas | Utilities Co. and Associated Utilities, | Inc, of Arkansas; Continental Tele- phone Co. of Oklahoma, North Central Telephone Co. of Missouri and Inland Telephone Co. of Missouri. STEEL PRICES. NEW YORK, July 14 (#).—Steel prices per 100 pounds f.0.b. Pittsburgh: Blue annealed sheets, 2.15; galvanized sheets, 3.15a3.20; black sheets, 2.55; steel bars, 1.65a1.75. First Mortgage Loans ! Lowest Rates of Interest and Commission |I'homn J. Fisher & Company, Inc. Money on Hand to Loan First Deed of Trust 69, Interest Reasonable Commission and Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. Substantially Secured Guaranty First Mortgages are substantially secured. Not only on improved Washing- ton Real Estate, but are backed by our resources of $3,800,000. In denominations as low as $250. May be purchased on low Monthly Terms. § REALESTATE MORTGAGE & GUARANT Y CorRPORATION Capital Resources over $3,800,000 24 JACKSON PLACE REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD Bring Your Real Estate Loan Problem to Us— We Can Quickly Arrange it for You 3,50r 10 Year Loans On Improved Real Estate IN Nearby Montgomery County and the District of Columbia = Lowest Interest Ratee BOSsz=A 4| pS Founded 1907 Loan Correspondent Jonn" Hancock Mutual Life Insurance Co. 1417 K St, National 9300 AMAZING STRIDES MADE BY GROUP INSURANCE The first group insurance policy in the United States was written in 1911, By 1912 the volume of this class of insurance amounted to a little more than $13,000,000. Five years later the | figures had reached more than $346.- | 000.000 and in 1922 were approaching $2,000,000,000. In 1927 $6,000,000,000 of group insurance was in force and at the end of 1929 the total on the books | was in the neighborhood of $9,500,- 000,000. MONON PLANS BOND ISSUE. The Monongahela Railroad asked permission of the Interstate Commerce Commission today to issue $10,000,000 | in 4'2 per cent bonds. The Baltimore & Ohio, Pittsburgh & Lake Erie and Pennsylvania, which own the Manonga- | hela jointly, will guarantee payment of | interest and principal of the new issue. Low Interest Rates 809 15th St. N.W. Organized 1879 JOHN JOY EDSON, President Assets. .. $5,723,083.61 Cultivate Thrift! A week gone by without something put away is a week wasted. Secured by Joseph I. Weller ¢ 24-Hour P.rllil:g t Bide. Money to Loan first deed of trust on real estate. Frevalling intevest and. commission: 5. 9h_& Equitable Co-operative Bldg. Assn TRUSTEED SHARES —the IDEAL INVESTMENT ior in- yestors who _demand SAFETY. YIELD and GROWTH of prircip Specially suited to “long-term ins vestments for _indiyidyals. funds and funds of * pri Standard Shares Cor Woodward Building Real Estate Loans Ample funds always available for loans on improved property in the District of Columbia _and nearby Maryland and Virginia. Long Term WE&/EB_%O REALTORS District 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company 50th ¥EAR COMPLETED WALTER S. PRATT, Jr., Secrefary Surplus & Profits. . Subscription for the 99th Issue of Stock Being Received $1,755,911.57 Come in and let Us explain cur plan of systematic saving! GEO. W. PRATT curi ty in fullest measure. YOUR ACCOUNTS, Checking and Savings, cor For Trav, dially invited. Open Until 5:30 P.M. July 15tk Payday Depositors’ Convenience elers’ Checks and Letters of Credit ‘We take pleasure in announcing the appointment of i CHARLES W. WARDEN 'G. W.PRATT & COMPANY High Grade Investment Securilies Tower Building Phone National 6061 WASHINGTON, D. C. as authorized distributors for BOND AND SHARE UNITS OF Industrial Credit Gorp. of America FELIX AUERBACH Co. National Metropolitan Bank - 1814—OLDEST NATIONAL BANK IN THE DISTRICT OF COLUMBIA—1930 15th St. Opposite U. S. Treasury It Stands to Reason —that a veteran bank, such as this, is equipped to extend depositors, large and small, service and se- {[Our facilities have ever kept abreast of the com- munity’s expanding needs, and represent the de- velopment of over a century of successful banking. & Trest 20 Wash. L & Trent