Evening Star Newspaper, August 22, 1930, Page 14

* MOST SURPRISING Declares Names Compiled by Gerard Should Not Be Taken:Seriously. BY JOHN ¥. SINCLAIR. Mst of 50 men “;’i rule and ha e in 3 ut“eu%ul, the Middle New England. Yet some of the trongest business and banking leaders in the Nation live in these sections of he United States. R {3 Eg? Eii 5 fif g 2 E § i% E i 1 = i | § § i *f § 84 g 13 ] g | E | g i iy i g i § g% ; : | I e agE : géi i A i i i d E | 5 i HE%E g i " 3t il i HV % | sk £ g2 5 ¥ o ] ! E : ] .1! § I 4 i i E za?nag Sachs, of Harry as tted. the 3 George A. and -John Hartford, owners of the 17,000 A. & P. stores, and doing & business exceeding $1,000,000,000 a , would appear on the list. But do not. In fact these names take Orlando Allied Chemical ig is seen in print. of 59 men who “rule the United States” could include the names of R. C. Lefling- a T ta, G City, J. C. developer £ it | "NEW YORK STOCK EXCHANGE Received by Private Wirs Direst to The Star Offios. High. Low. 8 68 60 19 141% 100 87 4T% 64% 34% 46%. 23 14% 8% ™% 54% 88 Corp (B) Radio-Keith-Orpl Reading Rwy (4). Reading 24 pf (3). Real 811k (5. Rem Rol Insur . Royal Dutch a3.2165. Safeway (e8)....... 15 Safeway Strs pt (7).. 708 Joseph Lead (13).. 1 % St L-San Fran (8)... 2 8t L-San Fran pf (8) 44 Schulte Retail Strs. Servel, Ine. . - 31% Shattuck(FG)(11%) 8 42 Shell Trans (a3.423) 100s 14% Shell Union ON, 27 95 Shell 18 Simms Petrm (1.60)w Con 136% 3014 Mg pf (3)..u 1-May-Stern Branas (1%).. StandG& B (3%). Stand G & E pf (4) Spicer Sp! 29% Stand T 129% 9% Sterling Sec (A) Sterling Sec ov pf(3) Stewart-Warner (2), Stone & Webster (4). Studebaker Corp (3). Studebaker Co nf(';) « 108 &1 2555 o=335558s 880 tet =51 = ™ - 8§I‘SRS §ea sons. three countries in 1929 produced average 36,249 tons monthly, i American Water Works & Electric July electric output down 5 per cent; t | seven months up 1 per cent over year feilse i EE g §§§§ %wfii-’g E 5% i h of $71,149,505 and with $70,314,999 in 1029 period. Radio apparaty Xports totaled $7,990,901, Electric in first half 1929 took $7,056,447 farm machinery, increased first half this year to $30,- Pennsylvnania crude 815 per cent capacity. Reported homa 15 coTnum Commission has sued citations against 59 officials, al- leging violations of oil proration and curtailment agreement; have been or- dered to appear before to mnm'hyt«heymdmbe Radio.—Second: volume droj 16.3 per cent, Southern district declined 168 per cent and ‘Western 14 per cent. ‘Tobacco—July domestic cigarette pro- duction, 11,850,395,542; increase, 10.6 per cent over year ago. output was 562,990,133; decrease, 9.3 per cent. ufactured tobacco was 28,018,058 Zinc—July world sinc output for re- countries, 92,771 short tons vs. ,303 tons in June for the same coun- , George K. Morrow and Eastman. names fully as powerful and influential as those mentioned in the f the “’; Bernard Baruch “wm)'n Bert and Howard Borden, and William Of | tries and 98,360 tons in May, ncoorud.l.'z to the American Bureau of Statistics. Figures do not include out- gl:l of Belgium, the Netherlands and land, which no longer report. lieving labor . | mon ago. Aviation Corporation of the *%Fisk Rubber had deficit $2.651,822 1n first half, against deficit $236,713 year "oeneul Bronze unfilled orders Au- % 1 totaled over $6,500,000 against ,000 January 1. iliette Safet merger nego- by tiatior ith Auto Bafety Razor Mb_-"“nl'-ll Strop Hayes Body had deficlt $385,' first half against profit, before 011 year ago. :lo‘iomm \ Bndiooet piant sufBcient a insure operations for next in taxes, 25 cents quarterly common - dis formerly paid 50 cents. ‘Minneapolis, ublic Service declared $1.50 on $6 prior lien Railroad building 12 locomotives; will require .| between 375 and 400 for freight and passenger service on completion elec- trification; ost locomotives about $40,- 000,000, or 40 per cent of entire elec- tritying Phel, scmzmmmmnn.uum ago. Pure Ol Midland crude ofl reduced 15 cents barrel to $1.30. earned eight subsidiary companies which will mol assets of corporation in separate “Van Raalte, Inc., curently operatinig 25 cent Vi Ofl_reported wqm of Wadham Ofl Corporation * WilyssOveriand Go. introducing er] 3 new line fours; list prices un- changed, range $475 to $645 with com- mercial chassis $360. ¥ ‘Youngstown Sheet & Tube recelved $2,500,000 pipe line order from Central Public Service, New Companies. Bulova Watch earned 55 cents com- share in June 3 nsolidated Gas of New York State first Federal $101 common share, s6Be 83 5 To0F 1:30 PM X M. 8% aend in the sbove table are the enshen T tta"en e latest QuaTierly of BAlf Fearly deciara- project. Dodge Co. first hslf earnings | 7 0% Associates September sales, $1,605,503; seven months, s14,- | compared - Buoake wt® BuffuBuln ‘Warner Quinlan. 4 Warren Bros (3). Wess oil & Snow (3). XPIRE % Int Nickel (Aug. 30). 539 % Warn Bros P.Sept 15 347 Sales of Stocks on New York Exchange 580,500 « 1,005 800 al year ago. New York, Chicago, St. Louis Rail- road earned $1.89 on preferred stock in seven months to July 31, against $11.12 year ago. United States Steel sbase | nois Steel, begins 300,008 sintering plant for mmm from flue dust, prodi NEWISSUESKEEP | (=== === BONDS BOND TRADING OFF|_ Prices Hold Well Except in{c Uncertain Tones of Convertibles. £gF 85§ i ig : i 3 ne §E : B H 3 i % ican & Foreign strong points. Standard Statistics index of 10 railroad bonds touched le:el,ml'n 4%s, Iz‘ufilern Pacific 4148 (1969) and War- ner Bros. Pictures 6s were all lower. Bullish news for the chemical industry, | G which has affected Allied stock and bond issues, brought buying into American 1. G. Chemical 5%s. The new European nitrate cartel, the agreement with the natural nitrate producers in Chile, and the sustained demand for chemical products throughout the business de- UNITED STATES. (Sales are in $1.000.) Lib 1st 4% 60 1023 2 Lib 4th 4%s.. 37 10231 10229 10230 5 108 108 108 111216 11216 11216 8% 99% 106% 106% 90% 90% % 90% 90% 101% 101% 5% 16 99% 110% 110 110% 94 101% 105% 102% 1024 94 100 99% 99% 110% 110%- Danish Munie 110 110 Dantsh Munie Denmark ¢ %s...... Denmark 5%s "55. . Denmark ¢ = Duteh East Ind 47 Dutch East I 6s°¢1. enkir Min 6s°34 16 95 Ger 5% 5°30-'35 rets 127 % e German Bank 8T 871 90 ession are factors entering into this | I Junior rafl bonds, which were active them held. ’ém d:nomt thouy cago e 4s, Erie 5s, Missouri-Pacific bonds. Foreign bonds were as quiet as the Aum'h-nmm 7s, the new issue, im- proved a ] unchanged. mmm Washington Stock Exchange|». SALES. Washington Cons. Title 6s—8$1,000 at 90. Washington Rwy. & Elec. ptd.—10 at 99. Bid and Asked Prices. lucing 300-400 tons dadly. | Amer. ADMITTED TO TRADING. NEW YORK, August 22 (#).—The fol- securities have been listed on the Province of Buenos Aires (Argentine Republic) $11,610,500 6 ternal sinking' fund =old 0 ?'lgdhbrum 1, 1930, due August 1, ‘The Olio Ol Co., 6,708,086 shares of tion, ital (14) SoRimmbia (1 atock, $6 series ( vfld) no par lue). Railroad Co. $25,- 000,000 first and ref ru'"e:;u gold bomu," wioth!. due April con- debunmrcao: 1950, Assoclated Gas & vertible 5 per cent gold Corporation, interim Palmer Shares i for certificates for Natio - receipts cat ational In: series A. Major Shares Corporation, interim re- celpts for bearer certificates for Major Corporation shares. Bank of England Statement. LONDON, August x statement of the Bank to lial X with 41.52 last week. Rate of discount, 3 per cent. day’ uipment full time and re- lel“Q.lme.'l.l negotiating for | there Corporate bonds and notes {s ite $73, *“Ford Motor of Canada reporied New Recsssers, mortgage 5 fi'rh".' Fp .| Tokio 634861, per cent ex- ds of 1930, | N. & W. Steam Pot. Wail. Rwi Wash. Rwy. Gommercial (stamped) " 1i0) trict EEBITNEE e 3 ae! Amer. Security & Trust Co. (1 Continenta) ‘l‘;u:t X BAVINGS of Bethesds, (61) 3 10) h ¢ aij; 2 3 § FIRE INSURANG American (lg: § $ERSeulls SE.EWE £ S8258353885 88. BUE tle & Inv. Co., Md. ‘¢om. 'MISCELLANEOUS. By chate Baity 51l 1. Band & Gra D¢ 1._Medic . C. Pa TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) Ofter. oyt & 100 27-32 100 29-32 SHORT-TERM SECURITIES. issues were | Nitrate 6s were inactive 3 Lacl e 83, . | Laslede 5348 D '6 - Bromwoaae alBa nn s - Rhine Wst EP Rhine Wests: . Rhine Wst EP 75'50 EETTTTSUTRY 3 Rome 348, s R'y’] Duteh 63 sww ws - BR oo amm S Toho El Pwr 6s'33. Toho El Pwr 1 - 1w mx T - 16 9TM 9T% 9TM MISCELLANEOUS. 5! 1 86 86 86 1 108% 108% 103% 63% 68% 634 Am Nat Gas 6 % 0'43 % T4 AmSmit& R1st6s 9 103% 103% 108% AmSugarRef6s.. 2104 104 104 Am T&T ov4%e'89 31,161% 160% 161 Am T&T .o 12 106% 106! 18 92% 92K 26 82% 82 7 102% 102% 102% 2 106% 106% 106% 25 110% 110% 1104 6 103% 102% 102% 100 5 107% 107% 107% : 106% 105 106 1 106% 106% 106% 6 9% MK 94y 1 102% 102% 102'% 3 63% 63 2 964 16 104 O&R HumbleO& R 63%s I1i Bell T Inland Steel 29 97% Int Hydro El 44, 14 100% 100 - 100 Intl Cement 68 48.. 18 101% 101% 101% 3 106% 105% 105% 97 97 %8 ov. Intl Tel&Te) bs '66. KanG & E 434580 8 98 8 195% 95% 95% . 3 108% 103% 1084 1 108% 103 108% .17 82 8% 1 91 91 91 19 110% 110% 110% 9% 98 Lautaro Nitrate 1 42 42 42 9 102% 1024 1024 2 104 104 104 10 1084 1033 103% 3 85 84% 85 54 He 10 21% 20% 20% 44.. 5 106% 105% 105% 8 98 97 98 2 101% 101% 101% 3 107% 107 1074 24 101 100% 100% 4 108% 100% 103% 8 1034 1084 1084 1108 106 106 87% % 87 1% 101% 101% Wy 99 ” 104% 404W 104% Virginia Ry lst % | Onton Pao 1st ¢s. FINANCIAL Sales. High. Low. Cloge. Stnclatr Crzde 5%s 9 1024 102% 102% Sinclatr S¥s... 1 103% 103% 103% 19 96% 96 96% Solvay Amer 58 29 So Por Rico 103% South Bell Tel Southwest Bell'§e. Stand OiL NJ % 29 103% 104% 106% 104% Dnited Drug §s°83. ™8 Rub 18t £ bs, .. Utah PwralLt ** RAILROAD. Atehison ad) ¢s. 1 93 00% % 11 101% 101% 101% 7 91% 91% 9% 20 99% 99% 99% 67 104% 104% 104% 6 % 90 90 1 94% 94% 4% Can Nat 4%s 10 104% 105 Can Nat b3, July'ed Can 104% 105 -104% 106 89% 90% 104% 104% 103% 108% 106 105 95% 95% 106% 106% 100 100% 103% 108% Cent of Ga 6% Cent Pacific 4s Cent Pac 1at 5s ‘90, Ches Corp 68 90% 2% 9% 5% Ch1 & NW gen 4s. Chi NW 4348 3 il w8 EBrnnBBatacnnnnana ska R 38833 EH camnt 3 StL 438 (B). Term 434817, Term b: Clev Clev Erie conv 48 (A) Erie conv ¢s « » T AON® mmanNe 03035 1 Cent ¢% » "6 111 Cent Chi 4348 Int Rapid Trans Int & G Nor 1st 6 Int & Gt Nor adj 8% 9% T9% 19% 2% 102% Lake Shore ¢s 31, . 5 100% 100! Lehi Val con 1 ‘93" ‘o Mich Cent 4%s Mill EI Ry&L 68’ M StL ref Inn M StP&SSM con M StP&SSM 6% MK & Tox ¢s (B] MK & Tex 1at dn. ME&T4%s 78 Mo Pacific gen 4 3 49 dsm 20 1024 1024 4 102% 1024 118 ds. 1 88 B8 B8% 2 100% 100% 100% 1 91% 91% 91% 27 90 90 .90 %8 Tou Tow Tox % 29 101% 1001 100% 5 101% 101% 101% 1108 108 1 6 9% 99 993 1 84% 8% 84% 100 100 10 108 108 108 2 108% 108% 108% 1 82 82 82 NOTex&M6sB., N Y Cen gen N Y Cen del 95% 123 128 42 42 5% 89 52y 97 69% % 9% % 101% 101%-101% 4 1 3 l: 2 119% 118% 113% 4104 92% 1 104% 104% 104% 8 111% 1i1% 111% 2 95% 95 95 9 95% 9K 9B% 1101 101 101 1 105% 105% 105% 7 101% 1014 101% 10 101% 1014 101% 89K 894 89 € 100% 100% 100% Marg 1st P C CastL bs Pitts W Va 4% 99% 99% 99w | StL 8B Bou Sou Sou Sou So P Son Sou FHE oy BS55 * 108 % 102% 48% zsgii.:, F ‘Third Avead) bs. b Unton e, . i | . S EATONDENES HE HALTED MERGER Cleveland Capitalist Explains Supporting Stockholders in Youngstown Suit. Eaton said he did not underwrite the expenses, but discussed that matter wi his associates. o o d o‘lhflrulhndlh free to their share.” “Isn’t that near W'i asked Baker. - g Judge David Jenkins inf that he would form that mmw TAXES HELD RUIN : OF MANY FARMERS Wisconsin University l;plfl !Ol; Economists’ Conference Sys- tem Is Archaic. . ‘August 22— , _aliye—Chickens, 20a30; horns, 15a23; 15a2! l‘“.m., 12a325; old Toosters, 13al4; ducks, 11al5; guinea fowl, each, 65a75; e..:k, 15a20. po! to - fancy Ay ; process, 32)2a33; store packed, 23a 24, Potatoes—! 75; lima beans, tuce, 00a2.25' per, 90al1.15; to .00 to 9.00; medium to 7.00 to 800; fair to' medium, 95% 95% | 6.00 to choice, 6. 6.00. to 6. Hogs—Receipts, 500 head: , market steady; Ele’.vhs. 1‘0.1} to_12.00; to fl."::lm‘ o 7.50 to DIy, market sieady; calyes, 5.00 50 1100, Hay and Grain. Wheat—No, 2 red ‘Winter, export, 93%; No. 3, %ln A 3 ot 3 y 91%4;