Evening Star Newspaper, August 17, 1930, Page 63

PRIGES AR XD N CURB TRADNG Buying Largely Offsets Losses During First Hour, BY JOHN L. COOLEY, Associated Press Financial Writer. NEW YORK, August 16.—Nervous Belling gave an irregular tone to the Curb Market today. Buying closing moments of the half-day ses- sion erased most of the losses, and en- abled some to make small gains. To- tal sales approximated 251,700 shares. Most of the pressure was applied to the utilities, which were the most ac- tive spots in the trading, and the group moved uncertainly, finishing irregularly | lower. Electric Bond & Share dipped 3 points, where it found good support to more than recover its loss, but sagged slightly at the close, for a net loss of United Gas A, Niagara, Hudson & Power and Utilities Power & Light | closed steady. Middlewest utilities, American Cities B, Public Utility Holding and American Superpower were fractionally higher. Petroleum shares held firm through- out the day. and most of them were inactive Cities Service worked 15 point lower and closed at yesterday's final price. Guif Oil and Ohio Oil new were firm. Missouri Kansas Pipe Line was active and unchanged. Ford of England moved narrowly and finished 3 lower. Holding fairly steady throughout the morning, Amer- ican Cyanamid B yielded more than a t at the close. Fokker was strong, advancing 17%. Investment and holding eompany shares were dull and firm. INCREASE IN EXPORTS TO RUSSIA IS SHOWN By the Associnted Press. NEW YORK, August States_exports to Soviet Russia_from January to June were almost triple the figure for the same period in 1929, | while exports to all other nations ex- cept Mexico decreased. Department of Commerce figures show Russia bought $64.424,521 worth of American goods between January 1 and June 1, compared with $23,217,477 in the corresponding period last year. For the first fell from $2,229.900,968, the 1929 figure, to $1,730,634,290. SILVER QUOTATIONS. NEW YORK, August 16 (#)—Bar sllver, 35%. WEEKLY FINANCIAL HIGH LIGHTS By the Associated Press. g:;kers‘ loans. .. wesns leral Reserve system ratio. Holdings (United States): Securities ..... Bank _clearing: (Final three ciphers omitted in above.) Car loadings week ending August 2.... Crude ofl production (barrels). .. Commercial paper. WASHINGTON STOCK EXCHANGE YEAR 1930 (Reported by W. B. Hibbs & Co.. Hibbs Bullding. Washington, D. C.) BALES OCCURRING ON THE WASHINGTON STOCK EXCHANGE FOR 1930 UP TO AND INCLUDING FRIDAY, 'BONDS. Sales. PUBLIO UTILITIES. $25.000 Anacostia & Potomac Riv. R. R. st 24,000 Anacostia & Potomac Riv. R. R. guar. 5s, 1949 3 2,800 C. & P. Telephone of Virgini @36,000 Capital Traction 1st 55 1947 13,000 City & Suburban Ry. 1st 5. 1948 . 10,500 Georgetown Gas Light lst 5s, 1061 . 475,000 Potomac Electric Power cons. 55, 1936. 23,800 Potomac Electiic Power gen. & ref. 6s, 1953 4,000 Washington. Baltimore & Annapolis 89,000 Washington Gas Light gen 86, 146,300 98,800 872,500 hington Gas Light series A 6s, hington Gas Light series B 6s, hington Railway & Electric cons, MISCELLANEOUS. 24,500 Barber & Ross, Inc., 6'as, 1037 . | 5,000 District of Columbia Paper M| 7,000 Potomac Joint Atock Land Bank 55, 1,000 Washington Cons. Title 6s, 1951 . 1,000 Washington Market 5s, 1038 . STOCKS. Par DI PUBLIO UTILITIES. v 375 Capital Traction .... i 105 N. & W. Steamboat ... B737% N. & W. Bteamboat rights . 638 Potomac Electric Power pfd. 1 8,190 Potomac Electric Power pfd. 415 Washington Gas ......... 11 Washington Ry. & Elect com... $916% Washington Railway & Elect. pfd. NATIONAL BANKS, 7 Capital 461 Commercial . 57 District jos 324 Pederal-American 40 Liberty . 1 Lincoln ... 43 Metropolitan 181 Risss 36 Second 96 Washing TRUST COMPANIES. 109 American Security & Trust . 184 Continental .%...... 324 Merchants' Bank & Trust. 125 National Mavings & Trust ke n B 3 hington Loan & Trus! SAVINGS BANKS. 80 Bank of Bethesda 40 East Washington . 10 Potomac Savings (new) . 64 Eecurity Savings & Commerc €5 Washington Mechanics FIRE INSURANCE. 32 P PR 268 National Union . TITLE INSURANCE. BT NG o 20 Rea) Estate ..... 10 Titls & Inv. Co. of Md. com. IRCELLANEOUS 80 Barver & Ross, Inc., com. .. 23 Chevy Chase Dairs ptd. 265 Columbia Sand & Gravel pfd. 101 Commercias National Co. pfd. . 12 D. C. Paper Mfg. Co. pfd 157 District National Security pfd. 85 Emerson's Bromo-Seltzer “A” 2 Pederal Storage Co. pfd. -American Co. com.. 72 Federal-American Co. pfd. 1,225 Lanston Monotype s > 186 Merchants' Transfer & Stg. com, rchants' Transfer & Stg. pfd.. nthaler Linotype . 6,642 National Mtge. & Inv. Co. pfd... 805 Pecples Drug Stores pfd.. 2,690 Reul Estate Mtge. & Gui 82 Becurity Storsge ... 114 Terminsl Ref Whe. 3,089 The Carpel Corp. 530 Washington Mech. Mtge. Co. com. 6% Washington Medica) Bidg. Corp. 8 Woodward & Lothrop pfd. ... UNLISTED DEPARTMENT. BONDS. $5.000 Army & Navy Club 5s. 1961 500 Cosmos Club 4135, retired annuall 21,000, Metropolitan Club 4%s; 1936 .... 141 Chapin-Sacks prd. . 7 Munsey Trust 5 48 Park Bavings Bank . 100 Washington Savin & Washington Title Ins. Co. in Late Dealings in the | 16. — United | five months of 1930 | tonnage. American exports to the entire world | Fall are satisfactory. 1960. 1st 6s, NANCTIAL, GRAIN MARKET | Values Recede on Predictions of Moist Weather Next Week. CHICAGO, August 16 (#)—Con- | fronted by official predictions that corn belt weather next week will be rather ‘umetueu and moist, corn values slid | downward in the late dealings today. Enlarged receipts of corn at primary centers tended also to pull values down, arrivals today and for the week -being much greater than either last week or A year ago. Wheat was affected by setbacks in Winnipeg quotations and by reports of differences of opinion be- tween the Canadian growers’ pool and the Canadian banks. ‘The table: WHEAT — Low Close September 913 B 891 December | Maren . | CORN—." | September | December May OATS September | EARNINGS REPORTED. | NEW YORK, August 16 ). —Per | share earnings of corporations report- |ing this week, with comparative figures | for the corresponding period of the pre- vious year, include: 6 Months. June 30, American Machine & Foundry. Servel, Tne. . ... | Tidewater " Asose Associated Ofl . | Ludwie Baumann Goodsear Tire & Riibbe Soarks Withington ... United Carbon X GeneralAsphalt . MacAndrews & Forbes Mead_Jonnson & Co.... ... | New York Central ... . Pittsburgh Serew & ‘Bolt | First_ National_Stores. . | Gotham Silk Hoslery. . ! Checker Cab Manufacturing. National Tea . 7 1930 1928. $157 $117 | Chrysler Cor | International B AR IS e g B BR2I3I332835-3382 233512335 r. May 3— ooth Fisheries . ks *Earnings in preferred stock. SEES GOOD CROP PROSPECT. NEW YORK, August 16 (#)—W. B. | Storey, president of the Atchison, | Topeka & Santa Fe Railroad, sail ¢hat crops in California are good, but rail- roads are suffering from decreased He said prospects for the Decreased car loadings, he added, will have a very marked effect on gross earnings, but whether the road can reduce operating expenses proportionately is another question. “This we are trying to do,’ he added, “but our showing thus far has been very low.” Last week. Same week '29. $3,214,000 $5,592,000 83.1% 74.6% ‘This week. 83,155, 820% $606,337 2,945,300 180,515 8,826,650 $576,224 2,961,178 205,923 9,688,290 919,349 2,515,300 8,869,810 84 , $72,810,000 $154,303 2,938.439 1,027,988 12,658,844 1,105,920 2,896,000 21,594,050 $54,214,500 132,466,000 2-214% 6-8% 2%-3%4% 8%-9% 3% 6% % 918,335 2,480,350 TO DATE AUGUST 15. Approx. yield 10 . Close. maturity. 8s, 1 83 6.50% 5.50% 5.10% 5.50% 6.80% 4.90% 4.65% 5.45% 194 g 1933. 1936. . 45, 1037 1934 alue. r 00 16 50 E 0. 9% 100 100 100 107 £EHAIB 5.5% i 5.6% 8.76% 7.8% 3% 13% WEEK ENDING AUGUST 16, 1930 rast Week ‘This Year. 162,102,780 295,821,594 Net 2,575,700 old. Total number of shares s 11/069.000 Same period a year ago. Low. Stock and_dividend. % A 16% Affiliated Prod I 19 Agfa Ansco... 81 Agfa Ansco pf 3% Alr Inv Inc. vte. 1% Afr Investors (war) 11% AfrInveonvpf, ....... 12 101 Ala Great Southern(17). 105% 111 Alabama Grt So pf (#7), 112 100 Alabama Power pf (6).. 102% 1%4 Alexander Indust....... 4 Allezheny Gas Corp. " Allled Aviation. ... 15 Allled Mills Tnc(60c)... 210 Aluminum Co of Am 105% Alum Co Am pf (6)... 108 Aluminum Co Ltd 97 Aluminum Ltd cu 6% Amer Austin Car. 3% Am Brit & Cont., 6 Am Capital (B)... 35% Am Cit P&L A (ad)..... 12% Am Cit P&L(B) (b10%) 201 Am Colortype (2.40). ... 20% Am Cmwith P A(b10% ). 34% Am Comwlth Pw Bb10% 46% % AmControl............ 29% Am Cynamid (A)(1.60).. 29% 17% Am Cvan B (1.60). 21 3 Am Dent Store: 12% Am Equitfes. 38% Am ForPwr war. . 157 104 AmGas&E) (31). 109% 104% Am Gas & El of (6). T% Am Inv. Inc. B... 2% Am Inv Tne. war... 52% Am Lt & Trac (2%). 20% Am Maize Products (2) 1% Am Maracaibo. 59 Am Sfeter (new) Am Natura) Gas. Am Phenix Corp (3 s Am Public Utilities. 50 Am Salamandra (3).. 20% Am Superpower (1).. 94% Am Superpwr 1st pf(6). 87% Am Superpo f (6)... 13 Am Transformer (1.40). 7% Am Ut&Gen B vte (40¢). 1% Amer Yvette Co. Inc.... 2 6 Anchor PostF (b10%).. & 15% Anglo-Chilean Nit . 82% 81 Appalachian Gas. . 104 8 Arcturus Radio Tub.. 3 & Arizona Globe Cop. e #1, Ark Nat Gas. o 8% Ark NatGasA.. 7% Ark N G em pf (60¢) 5% Asso Elec Ind (30c) 311 Asso Gas & Electri 30% Asso G & E A (at2 4 Ass0G & E deb rts. 147% Asso Gas & Elec ct: 2 Asso Laundries. 60% 38% Asso Ravon pf 2814 Atl C'ast Fish (1.20 11% Atlantic Sec Corp. 15 Atlas Plvwood (2) 8 Atlas Utilities Corp. .... 2% Atlas Utilities(war).... 2% Auto Mus Inst (A) 315 Auto Vot Machine. . 915 Auto Vot'g Ma ev prpt. . 243 Aviation Corp Am. 124 Aviation Credit. 7l Aviation Securitier 36 AxtonFT. A (3.20). 2% Bahia Corp.....covee 45% Bancomit Corp (1.60)... 80 70 Baumann (L) pf (T).... 1571« 146 Bell Tel of Can (8)... 30% 18 Bliss Co (EW) (1). 15% 6% Blue Ridge Corp (40c).. 447% 33% Blue Ridge ev pf (a3)... 9% 3% Bourjols, Inc. . 33% Brazil Trac & Lt(h2). 2% Bridgeport Mach (25¢).. 21 BrillCorp B... T4 Brillo Mfg (30c) 21 Brillo Mfg A (2).... 541% Buckeye Pipe Line (4).. 241 Buffalo, N&EP pf(1.60] ) 2% Burma Corp. rets (43 8K Butler Brothers (30¢) % Buzza Clark Inc. .. 2% Bwana M'Kubw CoD..... 2% Cable Radlo Tub vto. ... 7% Cabl & W Ltd. A rets.... 1 Cabl & W Ltd. Brets. ... 34 Cab & W pfrets (9%¢).. 4% Can Indus Alcohol A 3% Canadian Marconi. % Carib Syndicate 264 Carnation Co (j135). 30 Carrier Engn-vA (1 12 Celluloid Corp... 3 Central Atlantie Sta " 90% Cent 111 Pub Sve 6% pf. 25% Cent Pub Sve. Del......: 25 Cent Pub S(A) (a1.75).. 19 Cent States El(kd0c). ... 72 Cent States El pf! . 4% Centrifugal Pipe (60¢).. 215 Chain Stor Development 9% Chain Stores Stock. .. 221 Charis Corp (13) 17% Chat Ph Al nv (50c 257% 17% Chemical Natl Asso n-v. 184% 140% Chesbrough Mfg(5). 10% Chicago Corp (The! 10615 Childs Co. pf. (7) 434 City Sav B, Ltd (2. 2434 Cities Service(g30c) Club Alumn Utensils. % Colombia Syndicat 3% Colon Oil.... 5% Columbia Ol & Gas vte. 24 Columbia Pict (f1%). 31 Colum Pict vte (£1%) 3% Comwlith & Sou (war) 19% 11% Comm Wat Serv b6% . 108% 19% 1087% 9% 80 % Comstock Tunnel. 1 Consol Auto Mer ctf: 3% Consolidated Copper. 12 Cons Dairy Prod (2) 90% Con Gas of Balto ( 100 Con Gas, Balto pf A (5). 21% Consol Gas Utll A(2.20). 7% Consol Gas Util B, v.t.c.. 10 Cons Laundri 5% Con Retall Strs (1). 1% Consol Theaters. . 14% Conti Chicago Corp. .. .+ 101% Contl Gas & El pr pf(7). 71 Contl Shares pt (6). Contl Shares pf B(6), Cooper Bessemer (2). Coorer Beas pfA(3). 9% Copper Range (1). 6 Cord Corp . 19% Corp Secur of Chi (b6%) 9 Corroon & Reynolds. ... 5 Crn & Rnlds pfA(8 % Cosden Ofl. . vasisy 33 Coty Soc Anon (74 4-10¢) 10 Courtaulds Ltd (450) ... 5% Creole Petroleum. .. ' Cresson Cons (8c) 15 Crocker Wheeler. . 9% Crown Cork Intl A ((1). 30 Crown Cork&S pf(2.70). # Cuban Cane pr opt war.. 34 Cuneo Press (2%) 4 Curtiss Flying Ser" 1% Curtiss Wright wi % Cus! Mex Mining. . 11% Darby Petrolm new (2), 1 Davis Drug Stores. s 21 Davis Drug Stores ev pf, 2% Daylon Alirplane & Eng. 65% Deere & Co (m1.20), ... 2% De Forest Radlo. 16 Deisel W Gilbert (1%4).. 8 Denver Tram pf........ 4% Derby Ofl & Refin. . 3% Detroit Alrcraft Cor 8% Doehler Die Casting 12% Douglas Afrcraft (7 Dow Chemical (2) Draper Corporatiof g 31 Dres (S R) Mfg.A (3%). 31% Dress SR Mf B (3%). 41 Driver Harris (new). % 4 Dubilier C & Radio. 140 Duke Power (j15) 7 Duquesne Gas Corpw.i 2% Durant Motors......... 1 Durham Hoslery (B).... 25% East G & Fuel Asso 18% East Sts Pow B (1 12 Eastern Util Assoe 7% rn Util Inv (A 12 n Bros. Stores 12 Educational Pictures p: 7% Eisler Electrie (1%). ... 70% Elec Bond & Share (b6). §95% 924 Elec Bond&Sh cu pf (5) 1097 103% FE) Bond & Sh of (6) 395 Elec Pow Asso (1). 87 8% 22% 108 83% 8% 15% Flec Shareholding ($1). 82 Elec Sharehold pf(a$) ., 30% Emer Bromo Sels pf(2). E Corporation. .., (% - R SR R ® 8 LI+ +++1 I o +1 Ui+ 44+ L++ N R I e S \ 2 * iU+ $heLl fvivs) AEYRN T+t [(RRE] + +++1 010000 (SESRREE s gy Py L seaa ssle ) ) EFEE F EEFF FEEF FEEPFEES EFP FEEF oo seFrusss Stock and dividend. " Empire Gas&F cm pf(7) Empire Pwr pt (14.04).. Emp Pub Svec A (a1.80). Engineers Gold. . 4 Europe Elec, Ltd A(60c) Euro Elec, Ltd deb rts. Evans Wall Lead. Fabrics Fintsh. Fageol Motor. Fairchild Avia Fairey Aviatn Ltd Fajardo Sugar. Falcon Lead... Fandango Corp Federal Screw (3). Fiat receipts (1.25) Finance C Balt A Financial Iivest N Y.... Fire Asso ofPhila (23). First Nat Copper. Flinfkote A (1.50). Fokker Arcraft...... Foltis-Fischer Corn Foote Bros G&M (b8%). Ford Mot. Can A (11%). 4« Ford Mot, France (28¢). 116% 10 3% % 28 22% 115% % Happiness Candy. .. 82 8% Ford Mot, Ltd (37%c).. Foundation For Sh Fox TheatersClassA Garlock Pack (1.20). General Alloys(80c) . General Baking. .. General Baking pf (3).. Gen E Ltd rcts(50¢) . Gen Empire Corp (1) Gen Fireproof (12%) Gen Gas&El cv pt B (6).. Gen Laundry Machin GenPub Sve (b6). . GenWW&EIA(2).... Gilbert (A C) pf (3%).. Gleaner Harv. new (2) Glen Aldon Coal (8)... Globe Uncerwrite Gold Coin (new) Golden Cen er Goldman Sachs T C Gold Seal Elec new Gorham, Inc. (A). . Gotham KnitbacMch Gramaphone rets (20e). Grand Rpds Var (1). Graymur Corp. .. Grt A&P Tean v(5). Grt A&P Tea pt (7). Greif & Brother. Grier Stores (1) Griffith (D W) A. Guardian F Assn (2) Guenther Law (2). Gulf Ol of Pa (1%). aeen Hartford Elec Lt (2%) Hecla Mining (1) Helena Rubinstein. Houston Of1 of Texi Hudson Bay Min & Humble (2) Hydro E Sec.(2) Hygrade Food Prod. 1llinois P Line (e9) Imp Oil of Can, n (50c).. Indian Pipe L n (12%) Ind Terr I1lu Of1 (A) Ind Terr Illu Oil (B). IndusFi ctfs(b10%). Indus Fin ev of (7) Insull Util Inv (+b845). Insul Ut Inv2d pf(6).... Ins Co of No Amer (13). Insurance Sec (1.40).... Intercoast Trade Co.(1). Intercont Power A (2).. Intercont Pwr war, Intercont Pete new Inter Cigar Mach new. Int] Petroleum (1).. Int'l Safe Raz B(12%) % Internatl Superior (£1) Int Utilities A (3%). Internatl Utilities (B Intl Util war (new) Interstate Equi: Eqevpf(3).... Interstate Power pf (7). Irving Air Chute (1). Italian Superpowr A. Ital Superpower war. Jenkins Bros Co. .. Jer Cen P&Lt pf (7). Johnson Motor Co. Kirby Petroleum. Kleinert Co (23%) Knott Corp (a2.40 Kolster-Br(Am shs! 4 Lackawana Sec (4) Lakey Fdry & Maen.... Landers F & Clk (14%). Lazarus F & R Co. Lefcourt Realty (+1.85). Leh Coal & Nav new 1.40 Liberty Baking Corp Liberty Dairy Product: Lily TulipCup 1%. Lone Star Gas (1) Long Isl Lt pf (7). Louisiana Lan & Ex. MacMarr Stores (1) Magdalena! Man ~elStores pf (6%) Man [rearborn Corp. ...e Marconi Int Mar (38¢).u Mayflower Asso (32) May Hos cum pf (4). i McCord Rad B (2). Mead-Johnson (13.75). Memphis Nat GasCo. Mercantile Stores (5. Mer Chap & 8(1.60). Mer Chap&S pf A(6% % Mesabi Iron 5y Mesta Mach 1. Met & Min Ine(1.20). Met T Cor pt pf (13%) Met Chain Stores. . Mid Cont Laund (A). 4 Mid Sts Pet v.t.c. B.. Mid West Sts Util (1%). Mid West Util (b8% ) Mid West Ut A war. . Middle Wst Ut war (B). Middle Wst Ut pf xw(6) Midland N Gas (A)..... Mid Royalty cv pf (2).. Midland St Prod.n (2).. Midland United (b6%) Midvale Co (4)...... Mo Kan Pipe L (b10%). Miss KPL v.te... Moh Hud P 1st pf(7).. Moody’s I S pt pt (3) Mountain & Guif (8¢) Mountatn Prod(1.60) Mount St Pow pf(7) Municipal Service Amer Co.... National Aviation. Natl Baking Co. . atl Bond&Share (25¢). at Dairy Prod pf A(7). El Pr cum pf (7) at Fam Strs (23%).. 6 Natl Food Products (A). Nat Food Prod B(b2%). Nat Fuel Gas (1). Natl Investors. Nat Mfrs & Stor 0% Natl Pwr & Lt pt (8) Nat Pub Serv (A) /1.60) Natl Pub Ser v pf(33). 4 Nat Rub Mach (2). Nat Screen Servic Nat Sh Tm Sec (£50¢) 4 Nat Sugar N J (2) 2%¢). Neet Inccv A (1.60). Nehi Corp (1.30)....... Nevada-Calif Electric. . Newberry (JJ) (1.10) New England Pwr (2).. New Eng Pow pf (6).... New Jersey Zino (12%). Newmont Mining (£4).. WPOrt Co (2).....uus New Quincy Mining.... N Y Pet Royalty. N Y Power & Lt pf (6).. N Y Rio&Bu Aires N Y Tel pf (6%). N.'Y. Transit (11.80).. Niag.-H. Power (40¢c) Niag.-H. Pwr A war. Niag Hud Pwr (B) war, Niag.-Hud Pwr C war. Niag Shares. Md (40¢. Niles-Bement-P (121 ) Niplssing (300) . Noranda Mines (2)..... Nor Am Aviation A war., North Am Cement....... Nor Am Lt& Pwr(b8%). Nor Am L & P pf (6).%.. NoAmSec Utll 1st p£(6) |++?! ® + L4+ 0100 EEE FEF ¥ FEFREER LI+ 4+ 11444011+ 1 4 | ! () IREZREN +ii (++1+00 0001 EErLiriite | ® “PeETssser = w [T {0 BN 6N R D # T sr"SReresar ++ 0 » L 3 (i o v o G ot I | PE+t 44000+ Cid+4t 00 - - e F P F FRFFSESESE 10 1 L4 © - § JEES 2F ¥ % 2% 4% 4% 4% - % 63 63 63 -—12 90 90 90 - 4% 9% 95 95 - % Stock and dividend. or European Oil Corp. . North & Sou AmCor p A. Nor Ind Pub Ser pf(7).. Northn Pipe Line(15)... North Stat Pwr A(8). Nor States Pwr pf (6) Northwest Eng (3). Novadel Agene (12%) Ohio Copper. . Ohto Ofl (1434). Ohio Ol (2).... Ohio O11 pf new (6). % Oilstocks LtdA (50c). Okla Gas & El pt (7). Orange Crush (1.50). Outboard Mot (A) Outboard Mot B.. PacG&E1stpf (1%). Pac Pub Ser (1.30) Pac Western Oi1 # Pandem Ofl. Parke Davis (11.55) Pennroad Corp (20c). Penn Mexico Fuel (1) Pie Bak of Am (A) (2).. Pilot Radio Tube(A). . Pitney B Pos n(20c).... Pitts & L E (110). . Pitts Bessemer & L E pf. Pittsbgh Forgings(1.60) Plymouth Ofl (2). Polymet Mfg (21) Power Securitiel Power Securities pf Pratt & Lambert (15. Premler Gold (24¢). Pub Util Hold Corp war, Puget §d P & Lt pf (5).. Puget §d P&L pt (6) . Pure Oil pf (6). Pyrene Mfg (80c).. Quiney Mining. Radio Products (2). Rallroad Sh Corp(26c).. Raflway & Lt 8 (15).... Reliance Intl (A). Reliance Managemen % Repett! Candy Reybarn Co. R 1 Public Service pf... Rice-Stix Dry Goods. ‘Rich Oil of Cal pf(1.75). Rike Kumler (2.20). Rossia Int] Corp Ruberoid Co (4)..... Ryan Consolidated. Safety Car H & L(8). St Sheaffer Pen (13). Shenandoah Corp. Shenandbah Corp p! Shreveport Elec (D). Silica Gel et. Sing Mfg Ltd. rets n. Sisto Fin Corp. Smith (A O) (2) South Penn O11(12%)... SouthCalEd pfA(1%)... So Cal Edis pf (B) (1%) Southern Corp 4 Sou Natural G . Southland Roy (1)..ees: So West Gas Util....... Sou West Bell Tel pf(7). Southwest Pen P L (1).. % Spanish & Gen rets. . Stand Cap&S new(2.40).. Stand Investing pf(5%) Stand Motors. 5% 47% Stand Oil of I FINANCIAL, . Stock and dividend. 30% Stand Oil of Ky (11.80).. 44% Stand Oil of Neb (133%). 115% Stand Ofl Ohio p£(7).... N et * LI+ +00 000+ 1T++0008 s 7 SRS o anar FE X S 2 B RFEFEESR EFE FEFE & 4 o Ti+r++1101010 et 1+ rrpe® ppfee” #Ffes Fr #FPsss"ne” 3 LLI++) INE AN 3 : % & 1% 1% Dividend 8 = LEvER Y 2 FeFe { DISPOSAL OF SILVER SURPLUS IS PLANNED Senator Pittman Seeks l(c.:thod of Caring for Large Stocks on Hand. By the Associated Press. Adoption of some method of disposing 14 | Of the world’s surplus silver other than by dumping it on the leading markets is the toward which Senator Pitt- man of Nevada is driving in_his ef- forts to restore and stabilize the price of this metal. Since the recent announcement of a series of hearings throughout the coun- try by the subcommittee of the Foreign Relations Committee of the Senate, dealing particularly with commercial treaties and relations with China, the Senator, as chairman of this committee, has been swamped with ions as to what remedial measures might be applied. While many communications ve lacked value, he has expressed hope that a composite idea might be worked out that will prove beneficial. Suggestion has been received that the surplus might be worked off in the form of a joint loan to certain coun- tries whose ‘monetary structure is on & silver basis, thus diverting a part of the huge oversupply in this country, as well as in England, which disposes of approximately 35,000,000 ounces each year, principally in India. ‘The dumping of surplus silver, Sen- ator Pittman holds, is contributing ma- terially to the depressed conditions ex- isting in China, parts of South America, Mexico and Central America, where silver is used as the medium of ex- change. This statement, with res) to China, is concurred in by American trade attaches, who report the con- sensus among Chinese business men is that the unfavorable silver exch: is an even larger factor in adves affecting import trade than the un- favorable political situation there. Some are of the opinion, it is reported, that the present military activities will die down within a month or two because of lack of finances. The Nationalist government announces a number of lans for construction projects involv- rnr considerable sums of money, but until the civil war is concluded there are no prospects of raising funds on these projects. The first of the Nation-wide con- ferences dealing with the situation will be held in San PFrancisco on August 27, followed bf like meetings at Seattle and Los Angeles. Mill to Resume Operations. Trend of Commodity Prices in Week BY H. N. MeGILL. Editor McGill Commodity Service. AUBURNDALE, Mass., August 16 (#). —TFollowing the moderate price steel and lower, 1 remained % UnionTobacco. .3 Plus stock. m Plus 3 per cent’ metals, iron and fine textiles. Out of 15 individual groups 10 were unchanged and 4 Stutz Motor Car. Sun In Sunray O1l (40¢). Switt & Co new (2) Swift Internat’l (2%). Swiss Amer El pf(6).. Syrac W Mch B (1) Taggart Corp (1).. ‘Tampa Electric (32). ‘Technicolor, Inc. TransLuxDLPS.. Tri-contin’l Corp Tri Utilities (31.20) Tung-Sol Lamp pf (3).. TwinStNGApti).... Unit Carbon pf Utd Car Fastnr(60c) Unit El Ser pur war. Unit Found (b2-35 sh) uUnited Gas new Utd Light & Pwr A(1).. Utd Light & Pwr B (1) Utd Light & Pwr pf (6). Unit Milk Prod.... United Profit Sharing. Unit Ret Chem pf (3%). Unit Shoe Mach(13% Dairy B U S Lines pf (1)... U S & Overseas war. U 8 Rubber Reclaim. Unit Stores. .. Unit Verde Ext (2) Unite Wall Paper. United Zine Smelt. Utah Apex (50¢). % Utah Metal & Tunnel. Utah Pwr&Lt pf (7), Utah Radio..... Utility Pw & Lt(al). Utility Equities. Vacuum Oil (4) Van Camp Pack Veeder Root (2%).. Venezuela Petroleum Vic Finan Corp(40c) Waitt&B, A (2). Walker Mining (1%¢).. Watson (JW) Co Wayne Pump. ... ‘Welch Grape Ju (13%).. Wenden Copper. . . West Va Coal & Coke. . 2% 52% b2% % % 1% 1% 101% 101% 6 6% 1% 35 Wilson Jones (3) . 35 ‘Woodley Petrol. 4 “Y Ol &GaSs.........q Zonite Products (1). RIGHTS—EXPIRE. InsCoof NA.......Oct1 3% Johnson Motor... % Mo Kan Pip Segal Lock. ‘Warner Bros Pic. rates in_doll 3 per cent in stock. in stock. n Plus 8 per PRICE COMPETITION Yptry Development. Tegis- | Special Dispatch to The Star. DETROIT, August of the week make it competition among the outside the lowest price class e lucers H thing like this is needed to that FLIHTLIFL0L 4000+ 0140 “x s sresseeFels sevsSss"s LU0 1+ 141 (R EA N +5 10 R} S sxedan RN - F & EEFR o & - 58 weEr - #xFas IN AUTO FIELD SEEN Machines Outside Lowest Price Class Are Affected by Latest 16.—Developments automobiles set in T, tatistics have been issued showing a summary of industrial corporation prof- its for the first half of 1930 compared Wwith a year ago. Out of 32 individual industries only eight show an increase— amusements, drugs and sundries, -food products, paper products, printing and publishing, railway equipment, shoes and it chains. All other lines major industries of the country out of P he " price " readsustment ice just nt Tuesday with the action land Co. which took $150 to $17 the Oakland eights and $80 to $11 the Pontiac sixes. This was accompanied by a statement that said the reductions were made drop | two models classified as new models, but ung was 25 per cent lower than for the same period a year ago. All Prices Lower. ty prices are now more per cent lower than the base practically were to be pre« sented during the coming ter. e T, TS as as the eight-cylinder line, with other year 1926. In recent weeks there have been definite cultural lucts, whic! 15 tollowing “F week. Industrial A and leather, metals duction in July mdu.mrtexul been cut to a new low, do_much to enable inventories reduced. T Agricultu; ices reacted upturn of last = g i attributable to agri- the upturn of the previous ices reached a new low, lower prices for hides les. 1y August ‘which sharp- enable rescaling of values and rium can be restored. It is Pro- has should to be of 1920 and 1921. (Copyright, 1830.) » mat, aged 85, 4nd & oA o 80 i E ; H : E Esi' LEEH PROPERTY Reasonable Rates Promps Action B. F. SAUL CO. Nat'l 2100 a new foundation upon which equilib- lacture has found itself since the slump married recently at Leon, Spain.