Evening Star Newspaper, July 20, 1930, Page 57

FINANCIAL, FINANCIAL. CIRBISUNSTEADY s s FIGURES ABOVE AVERAGE NEW YORK, July 19.—Retail sales AS BEARS UPERA.I-E of passenger automobiles in the first WEEK ENDING '"":fl ":'“‘:“' b five months of this year amounted 0 | Total number of shares sold.... 3.184.370 152,272,155 i Special Dispatch 1o The Star. 1,392,668 cars, against a three-year av- | Same period year ago.. (13346910 241359844 erage for the same period of 1,322,917 | —1930— cars, a gain of 69,751 cars, or 5.2 per | Hieh Lew. = Stock and dividen Sish Low. Cless. THE SUNDAY STAR, WASHINGTON, D. C, JULY 20, 1930—PART SIX. 2 tock and dividend. Empire Gas&F cm pf(7) Empire Pwr pt (14.04).. Emp Pub Svec A (a1.80). Emplyrs Reins(1%) Engineers Gold dividend. ng (30¢c). . oma E1 Corp (80¢) Noranda Mines (2)..... Nor Am Aviation A war. North Am Cement...... Stand Investing pf(5 Stand Motors. Stand Ofl of Ind (275).. Stand Oil of Ky (11.80).. - 30 30 Adams (JD) Mfg v 30 - Covering at Close Tends to cent, according to’ registration figures, indicating that the car saturation point in the United States has not been reached. The trade estimates unsold 13% 23% 2 9 5% Aero Supply Mfg B). 10 Aero Underwriters. 16 Afin'worth Cor (32%). 3% Alr Inv Inec. vte. . Europe Elec, Ltd A(60c) ¢ Euro Elec, Ltd debrts. . Evans Wall Lead. . v Ex-Cello Air & Tr (80¢). Nor Am Lt& Pwr(b8%). 2 NoAmSec Util 1st pf(6) Nor European Oil Corp. . North & Sou AmCor p A. Stand Oil of Neb (+314) . Stand Oil Ohio(2%). StandPwr & Lt (2).. T I+ +1t4edigy 1L 1++++ 1444+ Stand Pwr & Lt (B) (2). Stan Pow & Lt pf(7) . Stand Pub Serv vte. . ovadel Agene (1214).. Stand Pub Servica Co A. . 4 Standard Screw /.é) Qhlo Bell Tel cum pt (1) 1143 114, 114 a el Starrett Corp pf (3). Ohio Oil new wi. . ¢ Steln Cosmetlcs Ine. . tinnes (Hugo 35‘,2}," D e 3 | Strauss (Nathan) Flat receipts (1.25). . O'stocks L.d B 2: ilrllll: Rol?: .] Fiat Stk debts. ... Outboard MotA (180). S S Balt A Outhicard Mot B..... Strueners Wella it Fd Ins (5). PacG & E1stpf (1%).. Stutz Motor Car t Copper. . Pac Pub Ser (1.30) . ... Sunray Ol (40¢) . Florida P & L pf(7)..... Pac Tin Corp spec (2) Swift & Co new (2 iy gt g 5 = Pac Western Oil Swift Internat’l (214).. Ford Mot. Can A (11%). Pandem Ofl. Swiss Amer El pf(6) 4 Ford Mot, France (28c). Pantepec Ofl. ... Syrae W Mch B (1)..... Ford Mot, Ltd (37%e).. b gl Keep List Firm in Week EnilSsssion cars as of June 1 at 417,000 cara, or on. ewer than elght cars per dealer, which | 1{7™ 19" Alabama Grt So pt (+7 Fageol Motor. is 23 per cent less than June 1, 1920, | 181, 100 Alfvama Bowes of (6] Fairey Aviatn Ltd (12¢). e hs and compares with 559,000 unsold cars [ 1°3' 199, {5 TS Po e pE ( ‘ ‘ Fajardo Sugar BY JOHN L. COOLEY, 1% Fandango Corp. Fansteel Prod. Associated Press Pinancial Writer. Fedders Mfg Co Federal C.&W.(11.60). 4 Federal Screw (3).. . Federated Metls (11%). North Cent Tex (60c). .. 1324 102% Ala Great Southern (t Fabrics Finish oo & Rl sxr? 2 2 8 gex on April 1, 1929, when dealers stocks 2l Wets Gt § l 9% 4 Allezheny Gas Corp. [ &% Allied Aviation 4 815 Allled Mills_Inc(60c)... NEW YORK, July 19.—Several sec- | 356 210 Aluminum Coof Am. " 2 109% 105' Alum Co Am pf (6) tlons of the curb list were under pres { Kt T it L B sure from week end profit-taking and | 4815 36% Am Arch Co (3),.... short selling today. The general move- 10'%. 4'« Am Beverage Corp. ment of the two-hour session was irreg- 8% 3% Am Brit& Cont. . Am Capital (B). . o 40 Am Capital pt (3) the realizing sales as an opportunity to ut out short lines, there wi I e was some 80 60% Am Capital pr pf (5%) 49 35% AmCit P&L A (a3).. covering at the close. ¥ 28% 12% Am Cit P&L(B) (b10%) - ¥ L1+ +1+++ - P 2 SEERSS - ++1 00 PTY Sl Amer Capital A(11%). L+ +1 4 ++ & The day's most active stock was United Founders, which was the target of heavy short selling, breaking to the new low of 16%. A rally in the late dealings brought the price up nearly a point from the bottom and the issue closed less than half a poirt net lower. The utilities, which have been making narrow progress, held firm and closing changes wele iargely of a fractlonal na- ture, = Electrls Bond & sShare dipped about a point, but recovered most of the decline. Niagara Hudson and Mid- dle West Utilities eased slightly. There were some sharp fluctuations in the industrials. Anglo Chilean Ni- trate broke 3 points and Deere more than 4. Ford Motor of Canada A was firm, while Driver Harris moved up 3 Ppoints and A. O. Smith 5. Cities Service reacted after yester- day’s rally, losing more than a_point of “the Friday 2!>-point gain. Indian ‘Territory Illuminating A was heavy in | :{\'rlnpnthy, The oils as a group were | ull. Investment trusts shares sagged. ‘Transamerica was in supply on profit- taking and dropped a point. Goldman Sachs Trading yielded a similar amount. NEW TANKER SAILS. Bpecial Dispatch to The Star. BALTIMORE, July 19.—The Justin C. Allen, an electrically driven oil Liabilities, However, Are Larger in Second Quarter, Dun’s Review Announces. Special Dispatch to The Star. NEW YORK, July 19.—Dun's Review reports that the insolyency record for the South Atlantic section for the sec- ond quarter of this year is favorable as regards the number of commerical fail- ures, but adverse in respect of the lia- bilities. Thus, defaults numbering 534 in the three months recently ended were 49 below the total for the corre- sponding period of 1929, whereas the indebtedness increased to $16,625,823, from $11,100,846 in the earlier year. Only three of the nine States included in this geographical group had a larger number of insolvences, these being Maryland, Delaware and Virginia, and the increases were small. On_the other hand, decreases occurred in District of Columbia, West Virginia, the two Caro- In contrast , Delaware and District of Columbia alone reported re- duced liabilities, while a particularly sharp expansion was recorded in West Virginia. 281 50% » 22 76 81 16'% % 28 607x 41 26 3914 1013 974 116 21% Am Cmwith P A(%10%). 34% Am Comwlth Pw Bb10% 47% 1 Am Control. * 17% Am Cyan B (1. 3 Am Dept Stors 12% Am Equities 38% Am ForPwr 104 AmGas & El (31) 109% 1041 Am Gas & EI pf (6 €0's Am Hard Rubber(6). 7% Am Inv, Inc, B... 2% Am Inv, Inc, war....... 50 Am Laundry Mach (4).. 52% Am Lt& Trac (2%). . 2814 Am Lt & Trac pf (1%).. 45 AmMfgCo (4). 1% Am Maracaibo 7% Am Natural Gas..... 3 Am Pneumatic Serv.... 30% Am Potash & Chem (1).. 18 AmStPSA (1.60)..... 20% Am Superpower (1).... 94% Am Superpwr 1st pf(6). 87% Am Superpo pf (6). 111 Amer Tob new (D4) 119% 111% Am Tob B new (D4). 15 Am Transformer (1.40). %« Am Ut&Gen B vtc (40¢) 1% Amer Yvette Co, Inc. 17 Amrad Corporation. 6 Anchor Post F (b10 15% Anglo-Chilean Nit. 8l4 Appalachian Gas. 8 Arcturus Radio Tub. & Arizona Globe Cop. L o R e S ET T TIR| Foremost D P pf (1.60).. 4 Foundation For Sh Fox TheatersClassA % Galena Oil Corp. Garlock Pack (1.20) General Baking. . . General Baking pf (3) Gen Capital Corp. . % Gen E Ltd rets(50c) Gen Empire Corp (1)... 7% Gen Fireproof (1214 ). Gen Gas&El cv pf B (6). Gen W W& El A(2). Gleaner Harv. new (2) Glen Alden Coal (8 Globe Underwriters. Godschaux Sugar B. i Gold Coin (new). Golden Center. Goldfield Ct Goldman Sachs T C Gold Sea) Elec new. Gorham Mfg v.t.c (12 Gotham KnitbacMch Gramaphone rets (20e) . Grand Rpds Var (1). Graymur Corp. . Great Lakes D C (new), Grier Stores (1). Grifith (D W) A Groc Store Prod vte. Guardian Inves Gulf Ol of Pa (1%4). ++++ B o I S I RS po Ge Parke Davis (+1.55). . Patterson Sargent (2).. Pennroad Corp (20¢). Penn Mexico Fuel (1) Penna Pwr & Lt pf(7).. Penna Salt(5) : Penna Water & Pwr (3). Peoples L&P (A)(a2.40) Pepperell Mfg Co (8)... Perryman Electrie. . Petrol Corp war. . Phila Traction (4). Philip Morris Inc. Philippe (L) A (11.80). Phillippe (L) B (11.80). Pie Bak of Am (A) (2).. Pierce Governr (1%) Plymouth 011 (2). . Pratt & Lambert (15... i Premier Gold (24¢)..... Prince & White(25c).. Prince& Whitely pf3... Prudential Inv......... Public Util Hold w w. ... 9%, Pub Util Hold Corp war. 101% Puget Sd P&L pf (6). 9% Pure Oil pf (6)... 118% Quaker Oats pf (6). 27 Radio Products (2) Rallroad Sh Corp(25¢). 14+ Timken 1+ 1++11 44 % Tubsize +ll++++ UnNG L) ‘Tampa Electrie (32). Technicolor, Ine. Tech Hughes (60c). . Texon Oil & Ld (25¢) Thatcher Sec Corp. . Thermotd Co pf (7). Tobacco Prod Expor ‘Todd Shipyard «4) Toledo Eidisn pf(7).. Tonopah Belmont. Tonopah Mining. Transamer (31.60) Trans Air Trans. Trans Lux DL P S Tri-contin’l Corp war. % Triplex Safety Glass.... Tri Utllities (31.20)..... Tri Utilitles pf (3) Tung Sol Lamp (1). Twin States Nat Gas Ulen & Co (1.60)....... Ungerleider Fin Corp. UnionTobacco. . . . Utd Car Fastnr(60c) United Chem pf (3). Unit Corp wai Unit Dry Docl Unit Found (b2-35 sh) uUnited Gas new United Gas war. United Gas pf (7). Utd Light & Pwr A(1) Lok 3 a (A% L4 Det Axle pf 444+ o Foxx o2? sSsrFsr Chatel (B) F X of Can (11.60). = 5 F oy RER FER Raiflway & Util Inv (A). Rainbow Lum ProdA. .. Rainbow Lum Prod B Raymond Con pf (3). Red Warrior........ Reeves (Danfel) (13%4).. Reiter-Foster Reliable Strs (b5%). 4 Reliance Intl (A).. Reliance Management. . Reynolds Invest........ Rich Oil of Cal pf(1.75) . Richmgn Bros (3) . Richmond Radlato: Richmond Rad cum Rike Kumler (2.20) R'kland Lt & P (90c). 8% Ark Nat Ga: Utd Light & Pwr B (1).. “ Utd Light & Pwr pf (6). 111% Unit Milk Prod. . o Unit Molasses, Ltd United Profit Sharin; 4 United Public Servic Unit Ret Chem pf (3 U S Dairy, A (5). E Dairy B.... Hall Lamp (1%)). Handley Page pf (1 Happiness Candy . tanker, owned by the Lake Tankers ——Number-—. Liabilities. Corporation, made its first voyage Fri- | meschol R 2 8 Ark Nat Gas A ; day. The 'vessel left the Bethlehem |Delaware . f % Ark N G em pf (60¢)... Shipbuilding Co.’s dock at Sparrows i i £ B 13 Art Metal Works (1)... Point, making four trips over the course 1857.1 # Asso Dyelng & Ptg. prescribed for initial voyages. The Al- 5% Asso Elec Ind (30¢) len is 209 feet 214 inches in length and 361 Asso (‘f-u & leclzlc“ carries four cargo tanks on each side. | Florida . 30“4’ Asso G & . 4:?‘..4 Dee It is capable of carrying 10,000 barrels Total 7 s s 1 5% Alsug&&];le r “l(". of ol and is propelled by Diesel engines. | 1929 83 .. ... Asso Gas c e . DISTRICT BUSINESS BAROMETERS Retail trade, check transactions and |as a whole, retail trade in June was postal receipts in Washington last |9 per cent smaller than in June, 1929, month showed definite declines from |and was 4 per cent lower for the first totals in these lines of business in June, | six months of this year than in the first 1929, according to statistics gathered | half of 1929. 12% A i1 . by The Star from authentic sources. Check transactions here last month 6 Aviation Sec,New Eng.. Increases, however, were shown in pow- [ amounted to $116,280,346, as compared 36 AxtonFT.A (3.20) er consumption and in the number of | with $124,028,347 in June, 1929, and 2% 3ahia Corp... telephones in service. $113,055,037 in May, this year. 45% Bancomit Corp (1.60)... Retail trade here last month, accord- | Postal receipts last month here were 5% Bellanca Alrcraft, . Ing to reports by eight department stores | $425,518.43, a decline of 7.01 per cent 14% Bickfords, Inc (1) . 1o the Federal Reserve Bank of Rich- | from the total for June, 1929. The Po- Bigelow Sant Corp (6).. mond, was 4.8 per cent below sales in |tomac Electric Power Co. reports con- Bliss Co(tEW) (1)..... the corresponding month of 1929. Lo- |sumption of 23,509,155 kilowatt hours 6% Blu dge Corp (40c, cal stores, however, showed a better |last month, as compared with 21,717,- 33% Blue Ridge cv pf (a3) report than all those in the fifth reserve | 953 in June, 1929. The Chesapeake & 63 Bohack (HC) (2%) district, where the decline from last | Potomac Telephone Co. reports there 14 Borne Scrymser (2) year was computed to be 5.2 per cent. | were 161,961 telephones in service last 75 Boston & Albany (8 The Juné figures show also that for |month, as compared with 153,815 in 3% Bourjots, Inc..... the first six months of this year in |June, 1929. The average number of 11% Bower Roll Bear (1). ‘Washington sales were but 0.6 below | originating calls per day, however, de- 35% Brazil Trac & Lt(h2)... the first half of 1929. For the country | clined from 633,800 to 625,226, 21 Bridgeport Mach (26¢). 2% Brit Cel Ltd rets. CHECK TRANSACTIONS 55% Buckeye Pipe Line (4).. WASHINGTON CLEARING HOUSE 32 Bulova Wevpf (3%4)... 1927 1928. 19: 4 B IR S I S o S e A I S S T T | Iy F HEEF UL ++ 4 22 v © , w2 gey FeexdF FY P RPrr R ¥ Houston Ol of T'ex Hudson Bay Min& 8 Humble (2)....... Hydro EL Sec.(2)..... Hygrade Food Prod... Imp Oll of Can, n (50¢) Imp Ofl Can reg (50c). 4 Indlan Pipe L n (12%) Ind Terr Illu Ofl (A) Rolls Royce. Am pt Ind Terr Illu Ofl (B) Roosevelt Field. Inc. IndusFi ctfs(b10%) 4 Rossia Intl Corp Root Refining Co. . Root Ref-cv pr pf(1.80). Royal Typewrit (13%). Royalty Corp pf (1.20). Ruberold Co (4) Ryan Consolldated Safety Car H & L(8). + St Antony Gold. e 4 Asso Rayon...... 38% Asso Rayon pf (6)..... 19 Asso Tel Util (b8%) % " Atlantic Lobos 14 Atlantic Sec Co 8% Atlas Utllities Cor 3% Atlas Utilities(war) . 3% Auto Music A (11.05). 9'4 Auto Vot'g Macv prpt.. e EREFEETIIS - V& OFRELS ares Unit Verde Ext (2)..... United Zinc Smelt.... Unity Gold. . Utility Pw & Lt(al). 1 Ut Inv2d pf(6).... '0 of No Amer (13). rance Sec (1.40).... Intercoast Trade Co.(1). Intercont Pete new. . Intercont Power A (2).. Intercont Pwr war . Intl Petroleum (1) Intl Products. .. Int'l Safe Raz B(12%) 4 Internatl Superior (f1), Int Utilities A (3%). Internatl Utllities (B) Intl Util war (new). Interstate Equitl Interst Eq cv pf (3). Irving Air Chute (1) Irving Air Chute (war). Iron Cap Copper. . Italian Superpowr A. Ital Superpower war. Johnson Motor C 38, TErsas’ N & - FELLLESFEFECEESFY * TR ¥ ¥ =3 Utility Equittes. Vacuum Oil (4).. ‘Van Camp Milk pf. Van Camp Pack. Van Camp Packing pf.. Venezuela Petroleum 4 Vick Fin Corp. . Vogt Mg Co (2).avses Waitt & B, A (2). Waitt & Bond, B (1.20) Walgreen C« Walker (H) (1), Walker Mining (7%c). Watson (JW) Co. Wayne Pump. F PHI++4 1044104140 [+ = o FF) - e B R R o (o Y B S ey | N A e = = T A A ] o L3 1 © 2 3 14+ £ - ++ aw & 14+ 1+ - » EERERE ¥ Co (2) Schulte Un 5ec to$1 8. Schutter Johnson (A).. Seaboard Utilities (50c). Secur Corp Gen (40c) . Seeman Bros (3). Segal L & Hwde(50c) Seiberling Rubber, Selected Ind. . Sel Indust ctfs (4%4). Self Prov St (13¢). 4 Sentry Saftey Control. Shattuck Den Min...... Shawingan W & P (2%) Shenandoah Corp...... Shenandoah Corp pf(a3) sreFeese 1+1++ FEREE TH+ 14+ #0141} " ® ?’* FEFIE 2415 Buffalo, N&EP pf(1.60) $117,074.963 $114,408,832 $129,438,201 $118.219,264 S76 ibutiae Erutiare (169 103,348,052 103,495,524 109,649,040 96,545,212 8 Bwana M Kubw Cop 121510442 122,284,990 13 2% Cable Radio Tub vta 124,139,370 120019,886 14 Cabl & W Ltd. B ret 120,850,495 123 315 Cab & W pf rets (9%c 127,516,336 116,280,346 | 15 11 Campe Corp (2)....ee 108 600,949 31 Canadian Marconi...... 103580,305 | 107,049,844 113,553,519 % Carib Syndicate. . 104,579,350 ‘113,117.412 114,986,938 264 Carnation Co (J1%) 116,851,774 137,660,693 137,968,284 5 5 Carnegle Metals 114264134 1227706.244 120,261,737 79% Celanese Cor pf (1 123581,252 129,981,412 116,074,630 61 34 Central Atlantic States. - 106 104 Cent Pwr & Ltpf (7)... $1,385,897,426 $1,435,725,602 §1,481,390,728 42% 28 Cent PubS(A) (al.7b).. 39% 19 Cent States El(k40c). .. o > 90 101 Cent States Elec cvpf(aé POSTAL RECEIPTS Y Ml Contritural Pive (60e): Reported by Fiscal Years 8% 2% Chaln Stor Development 17 9% Chain Stores Stock. . Month. 1926-27. 1927-28. 1928-29. 1929-30. 25 17% Chath Ph Al nv (30¢) July .. . $380.99 $388,568.16 6.07 $391,428.44 $425262.75| 25 17% Chemical Natl Asso n-v. August . . 371,624.56 397,809.26 412,757.49 i 414342779 | 1847 140% Chesbrough Mfg({5). September . 447,504.14 476,465.09 469,250.28 460,574.25 | 1061 Chias Co gt ;;’J October ...... 54187696 506,060.09 545.649.13 54747488 B O e e November 505417.39 51104011 494,103.07 54532121 e e s o December 686,869.38 68779565 61216247 697,118.68 il it by g T January i 47347351 480,663.77 53277178 | bt A February 460, 466,626.95 467,238.68 468,827.50 | gy Al b i L LD March . 527,486.19 505,179.65 522,980.81 | April . 506,543.44 499.056.83 510,751.54 May . 434,724.00 470,110.35 491,322.56 497,580.76 June . . 426,669.19 447,490.35 457,603.20 8% Columbia Oil & Gas vtc. 42551843 Totals . $572029627 $5.860378.15 $5,88641557 $6,048,52538 | Il % Columbia Pt KILOWATT HOUR OUTPUT FOR DISTRICT | 553} 230" Com'with tdison (47 6% 3% Comwlth & Sou (war).. POTOMAC ELECTRIC POWER CO. 19 11% Comm Wat Servb6%... 1 Klein (H) pt pf (j1.20).4 Kobacker Stores (2 Kolster-Br(Am shs) Koppers G & C pf (6).... Lackawana Sec (4) & 2 White Eagle Ofl deb rts.. White Star Ref (2%) Will-Low Cafeteria. VUl +++ b+l 444+ 4 e St 20 £ Feter - ket tl:‘otgifff' > 1% Wright Hargreaves 4 Smith (A O) (2).. “Y¥" Oil & Gas.. Smith (A O) pf (7 12% Zonite Products (1). South Penn Oil(12% A RIGHTS—EXPIRE. i So Cal Edis pf (B) (1%) 2% InsCoof NA.......Oct1 3% RuS CRLFEALINC) I M) % International Nickel.... So Colorado PwaA (2)... +% Mo Kan P L.....July 26 : Southern Corp aees 6 P *Ex-cividend. tPartly extra. $Plujextrain eI ers () 10w otk Payabie in sotk.. d Zavabis to o 13 3% Southw Dalry Prod. . 5% 54 g 14+ + 44+ 14+ % Lane Brvant, Ine (2 Lefcourt Realty (11.8! LefcourtRIty pf(3). Leonard Of} Lerner Stores (2). 1t L1+l FEIY T S FF FE +1+1 1+ 410 » eregees” +4 s L 1 " (2 A (Lo § 1++ L3 i i Lion Ofl Refin (2). Loew's, Inc (war). +* 3 H ++ Fe¥ FEh e e o annual paymene. CORNLERDSGRMING | CHICNGD BUYINGMIBE: | ol o s e ceons ), Jul - d NEOVIL TRADING, . JARIESTER A R e e e v MO | YORK, July 19 (#).—Chicago | being 1.00 og:yled_ yea'rl!nxl and light * i e buying was Teported to have been |fiof: 0010, NS A1 EEASH And BOY Climax to Run-Away Market Comes | primarily responsible for the upturn in|lower; fat cows and butcher heifers and ! International Harvester, in which trad- | heiferettes, 1.00a2.00 down; low cutter With Weekly Weather Ing assumed unusually brisk propor- |and cutter cows, 50 lower; bulls, 1.00 Forecast. Lone Star Gas (1). Long Island Lt (55¢) Long 1sl Lt pf (7). Loulsiana Lan & Ex. MacMarr Stores (1 MagdalenaSyndicate MangelStores pf (6%) 4 Manning-Bow A (1%). Mfg Finance Co v.t. Marconl Int Mar (38c) Marine Mid Cp (1.20). Mass Util Ass Mavis Bottling. Mayflower Asso (12) Mead-Johnson (13.75). Memphis Nat GasCo. . Mercantile Stores (5). Mer&M£fgSecA (1.60) Mer Chap & S(1.60). Mer Chap&sS pf A(6 Mesabi Iron. 14+ PFELFE Cleveland Tractor 1.60.. 1« Colombia Syndicate 3% Colon Ofl....... 22% Colts Pat F Arm (2). " tons. What might have happened to|under the week's high time; vealers have prompted. the demand was not |about 2.00a2.50 under high time; under~ generally known. Both this stock and |crust fed steer crop, 10.00a10.50; ex- Case Threshing Machine had been|treme top heavy steers, 11.75; closing ks o , ent Wi e slump in | part load up to 12.00; most TS, CHICAGO, July 19.—It Was & Iun-| prices ‘for principal farm products, | late, 9.75; grassers, 6. 50; stockers away market today in the corn trade,| which it was contended would act to| and feeders, 25a50 down; worth 6.00 with a tumultuous rush of buying and | curtail demand for new machinery. | 26.50. gy Lttt Lt 4+ rFERRF + +ttt+ 4+ % Comstock Tunne! 19027, 15 Consolidated Alr % Consol Auto Mer ctf: 1% Consol Auto Mer cu 1 Consol Cigar, war 3% Consolidated Copper. 13% Cons Dairy Prod (2).... 90% Con Gas of Balto (3.60) . % Consol Gas Utll A(2.20). i% Consol Gas Utll B, v.t.c.. 2t Cons Instrument. 10 Cons Laundrie ... 17036730 February . . 161547758 March . 16,275,840 April 16,266,198 May ..... . 16,413,356 June 16,740,188 July * . 16,427,149 August . 16,330,080 g-pr’mbcr 16,293,226 ctober . 16,796,510 November . 1. 18131420 December - 19,030,145 TELEPHONE SERV 1928. 1929. 1930. 18,655,125 22,016,010 25,293,169 18,479,857 20,009,602 24,774,418 18,472,095 21,520,790 22,332,696 18,031,834 21,071,318 18,852,464 21,078,386 19,484,101 21,717,953 19,555,847 21,182,306 19,470,453 21,180,690 19.710,347 21,269,828 19,286,368 21,899,856 20,256,623 23,549,291 20.663,298 24,678,737 1CE IN DISTRICT CHESAPEAKE & POTOMAC TELEPHONE CO. Number of Telephones in Service Month. 1927 January 136,506 February . . 137.285 March . . 137992 April ... ‘ee . 138281 May \ivee. 138468 June 138,457 July . 138563 August . . . 138730 3eptember 140,177 October .. 142,039 November . . . 143196 December 1L 143385 Average Originati Month. January Februnry March April . May . *June 564,240 *July 504,332 *August . 447,759 September October November December “Scasonal decrease due to vacatiou 1928. 1929. 1930. 144,036 151,285 159,705 144,757 152,381 160.013 145,279 153,274 160.946 145,657 153,633 161,772 145,962 153,983 162,125 153,815 161,961 | 153,522 154,055 156,402 158,016 158,747 150,360 158,913 ing Calls Per Day. 1928. 599,428 597,693 474,550 535,762 571,495 598,216 598,393 period. SALES INDEX OF DEPARTMENT STORES DISTRICT OF COLUMBIA. Average Monthly 1923, 729 . 738 . 1027 August September October . + November . December Totals Sales 1923=100, 1927, 90.4 129 (Est.) 117 22,589,579 | 23,579,159 | 23,509,155 | 27% 1% 5 5% 79% 12% 17% 4474 10874 134 209 17 bt 21 199 Cons M &S (112%). 7 Con Retall Strs (1 3% Consol Royal Oll(50¢) .. 71 Contl Shares pf (6)..... 5 Copeland Prod Inc A. 8 Cord'GbEp:. ... ikl 19% Corp Secur of Chi (b6%) Crn & Rnlds pfA(6) Cosden Ofl. . 15 Crocker Wheeler. % Crown Cen Petrol. 91y Crown Cork Intl A 30 Crown Cork&s pf(2.70) # Cuban Cane pr opt war. 30% Cumbeland P L(t18). 34 Cuneo Press (2%) 1% Curtiss Wright war % Cusi Mex Mining. . 12 Darby Petrolm new (2), 2% Dayton Ajrplane & Eng. Deere & Co (m 3 2Y% ise Forest Radio. 16 Deisel W Gilbert (1%).. 4% Derby Ol & Refin. 30 Derby Ofl & Refin 47 Detroit Alrcraft Cor 4 Doehler Die Dow Chemical (2). . 60 Draper Corporation(15) 31 Dres (S R) Mfg,A (3%). a1's Dresser (SR) B (2).. 41 Drt 4 lier C & Radio. 140 Duke Power (j1b) 84 Duquesne Gas Corpw.i.. 2% Durant Motors 1 Durham Hoslery (B)... 5% Duval Tex Sul. w.i. 25% East G & Fuel Ass 93% East G & FIAs pf( Ast Sts Pow B (1).. T4 Easiern Util Inv (A)... 12 Educational Pictures pf 9 Eisler Electric (1%). 70% Elec Bond & Share (b6). 92% Elec Bond&Sh cu pf (5) . 10 109% 103% Kl Bond & Sh of (6) 39 E ¢ Sharehold pf (a6).. Empire Corporation 12 Empire Fire Ins. . - FEFEOEF @ - by FREFVF 441+ b E I FL N+ S e k] 5 EEEEFS wa R OLE BEFS - Met & Min Inc(1.20). Met T Cor pt.pf (13%) Met Edison pf (6). Met Chain Store: Met 5s to 50c Stores(A). Met bc to 50¢c 8 (B).... Midland N Gas (A) Midland United (b6%) Midland Utd pf £(3).. Mid Sts Pet v.L.c:A Mid Sts Pet v.t.c. B Mid West Sts Util (1%). Mid West Util (b8% ). .. Midale Wat Ut war (B). Mid Royalty cv pf (2).. Midvale Co (4).... Miller & Sons 12) Minn No Power (40¢c).., Ming Corp Can (26¢).... Mo Kan Pipe L (b10%). Miss KPLv.te... Moh Hud P 2d pf(7). % Monroe Chemical (1%) Montecatin! deb r Morrison Elec (f1 Mountain & Guif (8, Mountain Prod(1.60 4 Municipal S Nat Amer Co. Natlonal Aviation. Nat Dairy Prod pf A(7). Natl Family Strs (1.60). Nat Fam Strs pf (2). Nat Unfon Radio. ...... ebel (Osc.) (62%3¢).. Neh! Corp (1.30)....... Nelson (Herman) (2). 4 Nestle Le Mur. Newberry(JJ) (1.10)... NewBradfdOi1(.50) New Eug Pow pf (6)... New England T& T (8). New Haven Clock(11%) y Zine (12%). N Y Rio&Bu Aires. N Y Tel of (6%)... N. Y. Transit (11.80) iag.-H. Power (40c) Niag.-H. Pwr A war.... Niag Hud Pwr (B) war. &.-Hud Pwr C war... Niag Shares. MA (40¢).. Niles-Bement-i’ (12%). [ 73 . g8 2% s¥ V4 +4 =Fx $E2s (RN oo 4 PEEER +hH+ |+ FEEEP TFFEZ » + o+ 0t & 0 = 3 I - & FE e FEFL 4 FEEE #r 25 prices showing a decided tendency to soar. The climax came when the weekly official weather forecast was issued, shutting off hopes which previ- ously were held that a general break- up of excessive heat and drought dam- aging the crop might be looked for soon. A maximum jump of nearly 4 cents a bushel over yesterday's finish on corn resulted, with wheat values strongly sympathizing. Closing quotations on corn were nervous at %a33% cents a bushel net advance, and more than 7 cents up from this week’s bottom figures. Wheat closed unsettled, '2al% cents over yes- terday's finish, oats showing 15all4 cents net gain and provisions unchanged to a rise of 5 cents. Severe damage already to corn was reported from various sections, Kansas advices in particular telling of terrific hot winds that were, figuratively if not literally, burning up the cornfields. Hardy speculators, nevertheless, dulged in considerable selling after the day’s opening bulge in prices, and something of a reaction followed for a brief interval, the basis being predict- ed showers in parts of the Northwest and West. Details pouring in, however, describing the ill effects of heat and drought, over the corn belt, as a whole. sent the market quickly up and again. with the weekly forecast later bringing | about a buying stampede. From start to finish trading in the corn market proved to be of broad vol- ume and especially in the last hour, the widespread prevailing excessive heat and drought being an incentive to gen- eral buving. Besides, numerous stop- loss orders to purchase were forced into operation from previous speculative sell- ers, who found themselves at a dis- advantage in the rapid upturn of values. December delivery of corn, representing the new crop, displayed the most strength. July and September con- tracts, that are filled from corn now In store, were less violently affected Aside from the stimulating influence of the upward flight of corn prices, the chief feature in the wheat market to- day was hig export business and per- sistent untavorable news from Spring crops territory, both north and south of the Canadian border, with crop news adverse also from Europe, France and Germany in particular. —_— Line -ilp for Wheat Market. BILLINGS, Mont. (#).—Some 30 co- operative grain assoclations are being organized throughout North Dakota and Montana by the Northwest Graln Association. Farmers’ Union leaders hope to trol between 80,000,000 and 100,000, bushels in the Northwest ‘wheat area. Case staged one of its not infrequent spectacular demonstrations spurting for a gain of close to 17 points, presumably | lltul.he :xpenx of a sorely trapped short | nterest. WALL STREET BRIEFS NEW YORK, July 19.—The National Supply Co. has applied to the New York Stock Exchange to list 92,493 additiona! shares of $50 par common stock and 138,278 shares of $100 par 7 per cent cumulative preferred. The additional stock is to enable the com- pany to complete its offer to exchange one-half share of its preferred and one- half share of common for each 314 shares of common stock of Spang-| Chalfant & Co. An order from the Soviet govern- ment, through Amtorg Trading Corpo- ration, for a large number of farm tractors has been received by the In- ternational Harvester Co. Officials of | the company declined to state the exact | number. Manufacture of the tractors will begin at once. William E. Vogelback, president of the American States Public Service Co., said earnings of the company for the six months ended June 30 will exceed by about 8 per cent those of the cor- responding period last year, when the company reported a net of $381,831. Among the early reports of June operations from railroads is that of the Kansas: City Southern, which re- ported net operating income of $419,- | 501 for the month, a decrease of $20.- 941 from $440443 for the like month last year. Net operating income for the six months ended June 30 was $2,319,300, compared with $2,777813 for the corresponding period last year. CHRYSLER ACTIVITIES HINT AGGRESSIVENESS . NEW YORK, July 19 (#).—Chrysler’s action in the last few days has been such as might suggest renewal of more aggressive tactics by interests who have sponsored the stock for a long time past. It tends, moreover, to bear out the report that the syndicate agree- ment which is understood to have ter- minated early this week, has been re- newed for another prolongsd period. Strength in the stock incidentally is accompanied by reports that the com- pany is bringing out a new model in the eight line which 1s expected to prove a profitable venture, Aeronautical exportss from France Sheep—1,000 head; today's market nhominal; by the week, 110 doubles from feeding statios 24,000 direct; come pared week fat lambs 75al1.00 lower; under grades, 1.00al.50 lower; supplies big and shipping demand com- paratively narrow; fat ewes, 25a50 higher; scarcity stimulating factor; late bulk native lambs, 10.00a10.25; early sales, 10.75a11.00; extreme top, 11.35; throwouts, 7.00a8.25; late, 5.75a6.50; best rangers, late, 10.60; yearlings, 8.508 9.25; fat ewes, 3.00a3.75; top, 4.00; bréeders, 5.60a6.00; feeding lambs, late, 7.60a7.85; early sales, 8.00. Hogs—6,000 head, including 4,000 di- rect; trading uneven, around steady; trading limited to choice light weights; hogs scaling 150-175 pounds selling at 9.50210.00; top, 10.00; 160-210-pound hogs held off the market; compared one week ago, mostly 15a20 lower; shippers took 500; estimated holdovers, 2,000; light lights, good and choice, 140-160 pounds, 9.50a9.90; light weights, 160 200 pounds, 9.60a10.00; medium weights, 200-250 pounds, heavy weights, 250- 9.20; packing sows, medium and 275-500 pounds, 7.25a8.15; pigs, and choice, 100-140 pounds, 8.60a9.50. SRR S ARG Foster Wheeler may take over Intere national Combustion on an exchange of stock bas! IMPROVED PROPERTY Reasonable Ral Prompt Acti B. F. SAUL CO. 925 15th St. Nat'l 2100 last year were valued at $8,577,320.