Evening Star Newspaper, August 29, 1930, Page 14

FIN YOUNG FOLLOWING HARDING'S CAREER Reserve Bank Official Has Resigned to Accept More Lucrative Position, BY JOHN F. SINCLAIR. Special Dispatch to The Star. NEW YORK, August 20.—Roy A. Young, in resigning as governor of the Pederal Reserve Board to accept the more lucrative position of governor of the Federal Reserve Bank of Boston, is following in_the !oohie of his im- medh'c predecessor in ton—W. P. Ol:"dm‘ became governor of V. rdlnl the Federal Reserve Board on August 6, 1916, and resigned that post on January 1, 1923, to becorie governor of v.hzr;edenl Reserve Bank of Boston; hu Gov. Younc ma. oa - Bnnk of lllnnelml\l in 1919 r-irn- g that post three years ago to become .cvemor of the Federal Reserve Board at Washington. Now Mr,‘"\’(mflu leaves a job paying llZDM a year for one that will pay nearly three times as much. Gov. Younl is a comparatively poor man. After graduating from the high school at erqll!‘u. Mich., 30 years began his banking career as a mx:m in the Pirst National Bank of ‘When 8] ted de) i o8 Bl Ao of Minneaj president. o?oth! Citizens’ National Bank of Houghton, Mich. The retirement of Gov. Young from the Federal Reserve Board was not un- expected. ‘It was known that f & dozen large commercial banks had made him attractive offers, but he refused them all. ed in the machinery ractices of Federal Reserve bank- g\e will continue in the fleld he knowl best. Besides, the Federal Re- serve act does not permit a member of the Federal Reserve Board to ac executive position with a member k, vltmn five years of his retirement '.he Boston governorship, which hl?obnn unfilled since the death of Mr. Harding some months ago, seems an ideal way out for Mr. Young. Sees Better Business. The number of business executives ‘who eli abroad this T rocely makesa hew record. home has given many *an ct ‘lm travel pred&nl of P W. has just returned where he has 3 Parson w':";t“s‘: a‘fimu to lms Inm the future and form any idea of what we are to expect, but I think every one feels that the worst is over and that we forward to better business Iworth organisation, in ad- its wide-flung store lylum in the United States and Canada, has dlnl for years in l.‘ulvve mny the, British Isles and Ger- Accident Losses. . published by the New York % Indu fi':nw that losses due to * ‘accidents in the United the work of the Inter- mmmr Co., which in 14 nhundnudiuwdflent rate by Still there is plenty of room yet for accident improvement in industry as & ‘whole. Eaton’s Salary. Cyrus B. Eaton’s testimony in the fight to the ‘member of the Executive Committee of the Youngstown Sheet & Tube Co., does not, of course, include the profits of 81,4 mmb;hlaeaeofllx & Co. received in the Re) e ‘merger. : uw& Co. in thlt.’Toe;.oer ucur%t; the right to purchase shares QBMWWNI&MI',VIEIIMG within two years -nd 125,000 shares of the same stock within three years at the same price. ‘The common procedure among bank- | ago. ers is to take a round fee for merger vvrk and in addition secure an option to purchase large blocks of the stock in the future at a favorable price. Within the next few days, W. G. Mather and S. Livingston Mather, the former a half brother and the latter a son of Samuel Mather, the second largest stockholder in the Youngstown BSheet & Tube Co., will be heard at the merger hearing. ‘Their testimony will be_most interesting The consensus among steel men is that Mr. Eaton, after five days on the witness stand, has made a strong case for his side. New Roads. Hundreds of miles of new paved are being completed every week. mz behind the completed pavement eome the motor trucks carrying hun- dreds of thousands of tons of freight of one kind or another. The business is growing rapidly, so rapidly, in fact, that the railroads are beginning to take pfficial cognizance of the growing trade being taken away from them. “The trucking companies do not pay taxes comparable to those paid by the railroads,” says C. W. Galloway, vice president of the Baltimore & Ohio Rall- road. “Nor are their rates subject to review by the Interstate Commerce Commission. The railroads are heavy tax payers, and their freight tariffs are spproved by the commission in detall It's not the short hnul that the rail- roads are objecting to. In this field most railroad men believe the motor truck is performing a useful and much needed f?lencllnn The truck is called to the door of the shipper and in two or three hours transports the goods di- rectly. 2 “But when the haul is a long one, says Mr. Galloway, “and over high- NCIAL. FINANCIAL. NEW YORK STOCK EXCHANGE | |PRIME BONDS HULD [ox v sone BONDS o sawvar] JROUGHT |MPR[]VES (Continued From Page 13.) Sates— Ividend I‘h. A‘lfl. HII- DDy . 14 96 Ol Well Sup pf (1)..:10- 11% Oliver Farm Bqu 18 Olv FrEq 55 Ot's Elev. 102 Outlet Co pf (1) ‘IM Pasific Gas & K1 . @). % Pasifie Lixhting "0 Pasifio Tel &Tel (7). 3508 skard Motor (1).. szg 326 22% 27w 4d% Pel Pilisbury Flour (3) va Pittsburgh Coal Pitiabgh Screw Poor &Co (B) (3) PRAmTob A (3%). P Rican Am To (B).. Prairie O1.% Gast3). Prairie Plp- L18).. Prensed 8 112% PubServyNJ nl (l). Puliman Corp (4)... Punta Alegre Sugar. 57 86 50 58% 141% [ Reading 3d Dt (3) veur 64% Real 811k (6). - 5% Rels (Robt) & Co... 46% Rem Rand (1.60).. . 4% Reo Motor Car (80¢). . 31 114 Reo Motor ctfs (80¢), 7 194 Republic Steel (4) 1 9% Republic Steel pf 10’, Revere C&B pf (1)... lo. 1 58% 284 26% 48% 564 122% 67% 118% 01 Rossia Insur l!ifi).' Royal Dutch a3.31¢5. 14w 12% 100% 23 l% 63 ek (] 11 40 Shell Trans (a2.423). IOI 14 Shell Union Oil. 36% us 30% 13% Sparka Withagta(1). 10% Spiegel-May-Stern. 17 Stand Branas (1%) 117 Stand Brands pf (1) 84% Stand Gas&El (3%). 61% Stand G& Epf (4).o 56% Stand Oof Cal (3%). 98 Stand Ofl Exp pf( 58 Stand Ofl of N J(1. 30 Stand Ofl N Y (1.60). 27% Starrett (LS) (13%) lDB one & Webster (4), 15»..u 8 & Fo 40% U S Freight (3). U 8 Ind Alcohol U 8 Leather (A) Studebaker Corp (3). Thompson Starrett. Thomp-Star pf (33%). Tide Water As (80¢). 'nmkn Roller (l)... Tobacco Prod Tobac Prod(A)(lh) Transamer (31.60).. Transcontl Oil (30e). Transue & W (1). 9% Tri-Contl Corp. Tri-Cntl Corp ot (6)« Trico Prod (3%)..ee Ulen & Co (1.60). [l Union Ol of Cal (33) Union Pacifie (30) Utd Carbon (3). Utd Cigar Stores. United Corp (50¢) United Corp pf (3 Utd Dyewood. Utd Stores (A). Utd Strs pf (62 Unlv Pipe & Rad. Utll Pwr&Lt A (03) .« Vadasco Sales Corp.. Vanadium 8tl (14).. Va-Caro Chem 6% vf Wabash. . . Waldort Systm(1%) Ward Baking (B) Warner Bros Plet Warner Quinian. 4+ Warren Bros (3). Weston Kl Instr (1). Westvaco Chlor (3).. Whi T Yale & Towne (2). Yeliow Truck. Youngs Spring (3).. 5% Zenith Radio......eo 12% 2% 132% 181 40 22% 3% 8 40 21% 3% 8 RIGHTS EXPIRE 1% Mich Steel. . % Warn Bros P.Sept 16 446 1% 24 1% 2% Sept 23 1% Sales of Stocks on New York Exchange 166,200 13 1,176,400 l . 661,600 I’l. llfid m ividend rates as given in payments based on 36% 36% ' preferred stock. e atont ey o B Feariy geclare: than 100 nnr:s X Pius ; Bubject 1o approval of siockhold CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, August 29.—The fol- lowing is a summary of important corporat news prepared by the Standard Statistics Co, Inc, for the Associated Press: News Trend. Unfavorable dividend announcements and poor ral statements again dominate the day's financial news. A preferred dividend was passed by Oliver Farm Equipment, while Yellow Taxi of New York voted to omit disbursement on common stock. Reduction in rates were made W Yale & Towne Manu- facturing. Of the 65 raliroads Wwhich have published l‘.-ntn statements for July only six re) higher net op- erating income n Was ShOwn & year . te nit operating was 30.9 per cent bel last year. Despite the adverse business situation the telephone industry continues to enlarge its earn- ings. June gross of 104 companies was 5.2 per cent larger than in 1929, al- though rating income deciined slightly. ix months' gross revenues were about 5.1 T cent above same period last year, but met fell about 1.5 per cent, The Companies. American Service acquired by Na- than L. Jones interests of Salina, Kans, for $18,000,000. Atchison, Topeka & Santa Fe Rail- way, president estimates lower grain rates will cause revenue loss $2,500,000 annually. Beatrice Creamery acquires Carry Ice | Cream, Washington, D. C., and Mary- land Creamery of Baltimore. road July net operating income off 20 per cent; 7 months, 32 per cent below year ago. Buffalo July net rating income $39,975, against $10,543 year ago; 7 months, $230,439, against $211,439. 0] trust for common stock with C. S. Mott, T. A. Burt and W. 8. Gray trus- tees; stockholders to be offered rsights subscribe to 55,300 shares additional common stock at $10 share. Chi Rock Island & Pacific July surplus after charges off 22 per cent; 7 months, 38 per cent below year ago. Crosley Radio currently producing be- tween 1,700 and 2,000 sets daily. Adolf Gobel, Inc, earned 1 cent com- mon share in 32 weeks ended August 9. International Telephone & Telegraph new subsidiary formed to operate tele- phone concession in Rumania; has cap- ital about $6,000,000. Lane Bryant, Inc., earned $4.04 com- ways which the taxpayers, including !.hly railroads, support an injustice is rall carriers.” done to the It' is this aspect of the situation which the Interstate Commerce Com- mission must some day control. , 1080, by North American News- (Copyrignts 10 per Allince) MONEY RATES. By the Associated Press. SR ‘Time money rates weaken: wee) but call funds gained slightly in lu'lll"-h at important money centers. as calculated by the Uvmul Bureau fol- low for comparable pe: Feek ended Ausust week . Previous Came week last Changes | mon dividend 76 ' e, ,, mon share in year to May 31, against $5.57 in vious year. Louisville & Nlahvllln Rallroad July net !rpel'l"n' income off 47 per oent. seven months, 36 per cent below year uNuhvmo Chattanooga, " St. Railway July net operating income off 805 T cent; seven months, 528 per low_year ago. ouvux Farm Equipment passes eenu nl | preferred dividend p‘Bycmr\ll Innu!murln( declared com- cents; previously paid $1. harges, off 44.5 per cent (ex- cluding $345,527 back mail pay, in- cluded in 1929, decline was 438 ger cent); 7 months, 44.3 per cent below Year ago. ‘Wright Hargreaves Mines gold pro- duction first half $1,114,935, sgainst $845,462 year ago. Yelow Taxi Corporation York omits 75-cent qunmrly dividend currently due. 3 Canadian Pacific Rallway July net after taxes off 17 per cent; seven months, 37 per cent below year ago. Chicago, Indianapolis & Louisville Rallroad July net operating income off 69 per cent; seven months, 50 per cent below Year ago. Engineers Public Service bu.nee be- fore depreciation, 12 months to July 31, up 20 per cent over year ago. Fox Pilm now controls Gaumont British Pictures; formerly had minority interest. Pittsburgh & West Virginia Railway July surplus after charges off 26 Er cent; seven months, 34.6 per cent low year ago. Texas & Pacific Rallway July sur- plus after charges off 63.4 per cent, excluding $345,527 back mail cluded in 1929, decline was 43.8 per cent; seven months, oc 38.2 per cent. ‘Warner Bros. Pictures has completed 60 films for coming season of total 70 scheduled. Zonite Products offer stockholders right to purchase 140,785 shares at $10 in ratio one for five held. Celotex Co. earned $2.15 on $7 pre- ferred shares in eight months to June 30. NEW YORK BANK STOCKS NEW YORK, Awt 29 (#)—Over- the-counter market: of New common Ameriea .. ik of U 8 Db i Buffalo, Rochester & Pittsburgh Rail- | Gist & Susquehanna Rallroad | e Celotex Co. proposes five-year voting | Chel unty . Guaranty Irving or Dhited Bt wnuhenzy Title' & ‘. SHORT- 'rm SECURITIES, (Reported by J. & W Seligman h ©o.) T Co. kln Co. S“"H 75 | EB T k~H|llh- ‘Mines, duction first half $2,179,039, $244177 ST your udzldu Mrmmm pay, in- | 11, TEST OF MARKET IS SEEN FOLLOWING HOLIDAYS NEW YORK, August 20.—Will the present market advance be sustained? That question is uppermost in Wall Street as it leaves for shore and moun- tains today. Brokers belleve the mar- ket will be tested by selling in the first few d:fl: of September just as it was after triple Independence holiday, but the technical position now is stronger than it was then. A clue to the caliber of recent buying might be gleaned from the fact that the aver- ages since June 17 are up more than 7 points and brokers’ loans in the same period have declined $685,000,000. EARNINGS REPORTED. NEW YORK, August 29 M’) Key- stone Steel & Wire Co. for the fiscal year e’nded .Yune net profit of tusm excluding equity in luhlidhry earnings, equal to $2.20 per common share, eomured with $1,257,- 417, or $5.52 & share, in the previous m::l ymm ' ternational Products tion in Ihe first half had netcow‘lneflm ol 7,626, equal to 55 cents per commol share, compared with $487,704, or ll cents, in the first half last year. POTATO MARKET. CHICAGO, August 29 () (United State Department of Agriculture).— Receipts, 123 carloads; on track, 254; total United States shipments, 738 weaker, trading rather slow; Wisconsin, sacked, Irish Cobblers, best, 1.80a1.85: Minnesota, sacked, Early Ohios, few sales, 1.60; Triumphs, branded, 2.35. SILVER QUOTATIONS. NEW YORK, August 20 (#).—Bar silver, 35%. Markets at a Glance NEW YORK, August 29 (#).—Stocks strong; irregular; South American issues weak. Curb firm; bearish week end figures. Sugar easy; Cuban selling. Coffee steady; better Brazilian advices. CHICAGO, August 29 easy; bearish Spring wheat estimate. Corn firm; bullish crop and weather re- w ports.. Cattle lower. lower. FOREIGN EXCHANGES. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks b [ Hogs steady to (Reduiuiet e i TU. 8. Couple Wed in England. KI''GHAM, Oxfordshire, England, t 20 (). —Miss Hope Gay Yan- dell, eldest daughter of Mrs. Lunstord Al lnddl omn'lwh. Conn., and William Arnoid Hanger, son of the late =.rc and lni’HArry ‘Taylor H:‘nlvr of hmond, Ky., were married at King hamt Church yesterday. Fen \’ () —Wheat RECENT ADVANCES|_ Price Changes Few in Quiet : Market—Convertibles Irregular. BY F. H. RICHARDSON, Special Dispatch to The St NEW YORK, August 20.—End of the month demands for money consider- ably reduced the supplies available to the market today and time money rates hardened. ‘While this had little effect on prime bonds that have been selling at scarcity values for some weeks due to the heavy demands of savings banks, trust funds and insurance companies, it served to sprinkle the balance of the list with small declines. However, nowhere ex- cept in the American _group, ‘were the losses wide or imj it. New issues dropped to under $500,000 for the day. Prime Issues Gain. ‘The current values placed on good descriptions by investors is reflected in the price asked for Niagara Falis Power Co. first 55 and refunding and general 8s, both of which are due early in 1932. Because of their early due date and the solidity of the company’s position, the bonds haye recently been treated vir- tually as a high-grade short term de- scription. The yleld to maturity at present prices is 2.04 per cent for the first 55 and 3.01 per cent for the 6s. And this price has been reached despite the fact that neither issue is legal for savings banks and trust funds in New York State, In other listed securities of the sea- soned investment class there were small gains in New York Central 4s, Union Pacific first 4s, American Telephone | p 5%s and New York Telephone 44s, as well as gains of 1.32 to 3.32 in Liberty and Treasury long-term obligations. Convertibles were uncertain, mirror- ing a like action on the part of their stocks. Alleghany 5s, New Haven 6s, International Telephone 4%s, Texas Corporation 5 and International Ce- ment 5s started out lower, recovered, lost again, and once more ‘started the climb back. American 1. G. Chemical 5%s, American International 5%s, Phuldelphll & Reading Coal & Iron 6s, ‘hicago & Northwestern 43%s, Awhlnon 448, Southern Plclflr, 4%s and Warner Bros. Pictures 6s had a strong tone. Rail Group. In the junior rails, International Rallways of Central America 55 were the feature. Still selling on & higher yield ‘basis than the overlying 6%s of the same' road, the issue was bought and forced up 7 points at one time. Part of the gain was dropped in a series of sales for delivery in seven days—obviously short sales. St. Paul 5s, Missourl Pacific 4s and Frisco 4%s were fractionally better, but St. Paul adjustments, Rock Tsland 4%s and other like bonds sagged slightly. In- dustrials were dull to the point of stag- nation. — e Washington Stock Exchange SALES. Capital Traction 55—$2,000 at 93%, $1,000 at 93%,, $2,000 at 93%. ashington Gas 6s “A”~—$100 at 102. Washington Gas 6s “B"—$100 at 1047}, Wuhlnmn Rwy. & Elec. 45—$3,000 at copn.-l Traction Co.—10 at 6: of Bethesda—10 at 58. Poovlu Drug Stores pfd.—10 at 101%. AFTER CALL. Potomac Electric 6% pfd.—10 at 110, 5 at 110%, 2 at uoy, Wash! 65 A—84,000 at 102%, $1,000 at 1023, Capital Traction Co.—10 at 63%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga, 4 FE Wash: oom Title 6s. STOCKS. PUBLIC UTILITY. S o i Wash. & EL wath: vy € B SR NATIONAL BANK. Capital (14) Columbia (12) Commercial (! Dustriet ( na-m-nmom-n o Liberty () Lincoln (12). umonon--n i Rigas Baeana (e Washington ( TRUST COMPANY. Amer. Security & Trust Co. (18) 388 Continental Trust ( 120 (88) Wadh. Loun & Frust (i) BAVINGS BANK. Colorado, sacked, Bliss | w, FIRE INSURANCE. American (12). 2 'nm INSURANCE. Columbia (6h) Real Estate (8h)" Title & Inv. Co. Md. cos MISCELLANEOU! Barber & Ross, Inc., com railronds lead upturn. Bonds | B Electric Bond & Share | Fed T, ¢ Mergenth My & St aler e. Drus Unlisted Department. These segurities not listed under ‘Exchange Rules. Asked. Army-Na Cosmos ub Commereial Sonsiitan Sacks, in Sacks B¢ eh::n‘& ufn 3% pm inectioy h‘lll!ln 'lllos:l lln m Ba 88.os8ERunEss. 8 sems? * | Alleghany Cp 108 11216 11216 2 11220 FOREIGN. Argentine 58 Argentine 53%s 83, 23 Argentine, May "1, 16 Argentine s Ju ‘65 31 Argentine 62 Oot'sd 16 Argentine Australia 4348 Australi Australy Austria 1s. Bank of Chil l“ Danish Munie 8s A. Danish Munic $s B. Senan~ aohiSa wnane 5o Bo - amD o Queensland ¢ | Queenland 7 Rio de Janeiro 63 . Rio 1 Jan 8 Rio Gr du Sul 65'48 Rio Gr Du 8ui 8 Tokio %8 '61 Utd Kingm 6%s ’l' ADbItibl P&P b8 '63. 4 Am Agri Chem 748 Am For Pwr 58 203C Am1GCb b%s Ar Int Cor 6% '¢9 Am Metal 5% #'34.. Am Nat Gas 6340'43 Am Smit & R 1st b» Am Sugar Ref 6s. . Am Water Wks 5s. Armour&Co ¢ 4 %33 Armour, Del.6%s. . Bell ‘.I'OL Pa. b II) Tel C) lehm s Beth Steel rf ba Certn-Td 6 %8s rets. o e P o~ RO ARE A Dodge 6s. .. Donner Steel 7s. Gen Cable 6% s "47. Gen Mot Ae Cor 6s. Gen Thea Eq 6540, Goodrich 64s. . Goodyer §s rets. » » Humb! S =8 wnl 9 ooh~ SBnome Kendall b3 Laclede Gas o e SeSeat MorrisaiCo Tats Nat Dairy 8% B e mdEaSeeelal orowm we Sales. Hieh. 1 89% UNITED STATES. (Sales are in $1.000.) 102 28 102 80 10116 101 16 10122 10122 1083 85l 85 100% 102% 104% 102% 1% 9814 1041 66 | Ches & O 4348 B35 105% 95% T 102% Wire Direct to The Star Office Sales. High. Low. Close. 102% 102 102 ¢ 100% 100% 100% 96 99 86 103% 9% 96 98y 98% 86 86 103 108 104 104 1024 102% 102 102 96% 96% 9% 99% 106% 106% 104% 104% W 99% 99N 107 107% 103% 103% 109% 109% 9% 99% 82% &3 101% 101% 34 84 Richfield O11 63 "44. Sinclair O11 634, Sinelair O11 78 Stnclair Cride %8 Stand OfL. N Y.4% Tenn El Pwr.6s 47, Tex Corp ev 58 ‘44 Transcontl Vertientes Sug 7s Warn Bros P ¢s "¢ Westn Unfon 6s'51. White SBew Mach. .. Willys-Ov 6% Wilson & Co 1 100% Youngstn 8 &T 101% RAILROAD. Atchison adj 4 Atchison gen 89 90 104% 104% 41 41 101% 101% 100% 100% 104% 104% 4 101% MU MY 7% 9T 129 130 103% 103% 7% 9% 100% 101 101 101 106% 106% 104% 1044 110 110 887% 88% 92 92% 100% 100% 101% 101% 91 9l 9% 99% lm'n 104% 90 DS\ 5% 29% 99y 99% 99% 105 105 105 105 105 105 101 101 111% 111% 90 90% 99% 100% 15 108% 103% 101% 101% 104% 104% 100% 100% 101 101 2% 13% 102% 1024 96% B | Bang&Aroos 4s '51. Boston & M bs 1966 ll) Boston & Maine Bklyn Elev 6 Bklyn Un 1st Buf R& Pmn%- 1» Can Nat 4348 °57. Can Nat 4148 Can Nat 4%4s Cent Pac 1st 5s '3/ Ches Corp b PRICES OF BUTTER" Market Aided by Forced Re- moval of Stocks From Storage. — BY WALTER BROWN. Written for the Assoclated Press. CHICAGO, August 29.—The drought that seared grazing land and sent dairy cattle to premature slaughter had a beneficial effect upon the butter mar- ket, threatened with a huge over- supply next November. Instead, November, the peak month of butter deliveries, will find supplies greatly reduced, and the market able to absorb all of the incoming ship- m%': dealers sald. Chicago Mercantile Exchan, found that 3,500,000 pounds more g? butter are being removed from storage each week than during the Summer weeks of last year. Toward the end of August the holdings were 8,000,000 poundu under supplies at this time in er, is expect u) kl; during September. ¥ ® 4 Exchange Plans Expansion. The Chicago Exchange, a ploneer in ~ futures trading of butter lndvzm now in the second year of these activities, hopes to extend its futures trading to such other commodities as potatoes, boxed apples and canned goods. Deal- ing in cheese futures was added this year. Not only are more concerns finding it profitable to use the butter and egg futures market as a hedge, hut the speculative public has develnved » greater interest in the field. By the middle of August the total number of trades on the exchange was 36,814 cars, as compared with 35530 cars ;:lr:nl the entire month of August last The effect of the drought upon the butter indultry' which centers ?l? Min- nesota, Wisconsin, Nebraska and Illi- nols, is seen in a comparison between ' the luppnu on hand on July 1— 14,000,000 more pounds that on July 1, 96% last, year, and the holdings now-—8,000, Chi MiI&StP 4348 Ch, M&StP 4%5 '89 ChIMIIStP&P 65'76. CM&StP Pac adj bs. Chi& N W con 4% s Chi Rk Isl 43 Chi Un Sta 43, Chi Un Statfor Chi Un Sta 58 44 Cé& W Ind 6% CCC&StL ¢%8 (E). 16 1 CCC&StL deb ¢%8. CCC&StL b5 (D Clev Term Clev Term 106% 106% 106% 106% 100% 100% 100% 100% 104% 104% 102% 102% 106% 106% 98% 6615 Del& Hud ref ¢s'43 19 Den & Rio G en Det United 4% Erie convds (A) 4% 2 111% 111% 111% 9 99% 99U 99% 9% 994 994 110% 110% 110% 112 111% 111% 100% 100% 100% 66 66 68 83% 834 83y 101% 101 101% 100% 100% 100% 8 98% 981 93% . 2,9 91 91 1 93% 93% 93% 9 102 101% 102 10 106% 105% 105% . 23 68 674 68 74 68 66% 68 2 0% 50% 50N 2 88w 884 884 b 94 94y 944 2104 104 104 6 87% R6% 86% 6 69 69 69 6 86 8% 86 3 91k 91 91 1 97% 97% 9% 4 102% 102% 102% 10 80 9% 80 6 100% 100% 100% Leht Val con 1 934 98% 98y Lehigh Valcon 438 2 100% 1005 100% Louls&Nash 5s(B). 2 106 106 106 ManRy 1at 48 23 504 50 60i4 Mill El Ry&Lt 438 4 100% 100% 1004 Mill EI Ry&L 6s°61. 3 103 -102% 103 Minn & StLrefds.. 4 9% 9% 9% M StP&SSM col T R9% 89% 89% M StP&SSM cn M K & Tex 18 M K&T pr In s MK & Tex adj Gret Nor ¢%s (B) Grt Nor 18t b Gt Northern 6%s. . Great Nor gen 7s.. Gulf Mo 6a (B) Hav El Ry u '62 Hud & Man l' Hocking Val 4% I11 Cent 4s 53 Int Rys C Am Int Ry C A 1. Int Rys CA 6%sre. Kan City Ft 8 4 Kan City 8ou 6 Kan City Sou 3s... Lake Snore s 31 1100 . 100 « 17 101% 101% 101% Mo Pac 5%# ‘49 av. 20 1084 108% 108% NOTex&MSsB.. 8100 100 100 56 103% 102% 102% 85 85 85 ID 96% 95% 95% 10 1004 100% 100% . 48 1025% 1023 1024 « 5 1081 1081 108% 2 106% 106% 106% Cen LS ¢l 3% 5 B83% 83% 83% hi&StL 4 %818 45 98 97% 97% CasStLbk%sA 11 107% 107% 107% 1 108% 108% 108% 1 1024 102% 102% 2 95% 95% 95% 3 124 123% 124 10 106% 106% 106% 14 51 50 50 NYO&Wgen4s's6 13 40 40 40 NYWa&Bek%s.... 35 904 901 90% Norf&Sou gn 6&'54. 1 54% 544 54% Nor Pacific ¢s..... 30 95% 954 9% Nor Pacific 68 (D). 5 106!+ 106% 106% Nor Pacific ref 6s.. 19 113% 113% 113% 24 103% 102% 108% 3 101% 101% 101% 51 98% 984 98% ZZZZZZZZZ O B C & StL és'31.. NH&H ¢3%8°67. 33 zzZ g 104% 104% 1 110% 110% 1104 18 101% 101% 101% 1 8814 831 88k e 7 luw 101% 101% 6102 101 102 6 88% 88N 8xm + 11 100% 100% 100% 4 100% 100% 100% 16 99/ 99% 99% .18 92 9% 92 19 98 93 98 1 103% 103% 103% 28 10 100 100 100 90% 904 904 15 1016 101% 1015 enés. 15 50% 80 50% SBAIFIa€s'35A 9 40% 40 40 45 961 96k 964 31 99% 991 99% #6 ww 21 100% 100% 100% So P & Ore 4%s'17. 11 101% 101 101% Sou Rwy gen ¢s. 49 89% 891 89% o84... B 116N L1Gk 118% 10 122 121% 121% 11 95% 954 954 10 924 924 923 30 103% 103% ‘lm 50% 50% 82% sm 14 99% 9% 98 5 9d% 94% u 829; 924 921 19 101 100% mu Sou Rwy Iol Term Asso SL 4 Third Ave ad) Union Pas 1st Un Pac 1st ref 104% 104% | but Decem| 000 under last year at this time, loss of 22,000,000 pounds in eight weeks. However the wholesale prices of eggs and butter are lower than last year. are around 00% | Extras and standard butter are 381, cents; as compared with 42-43 cents & year ago; 45-46 in 1928 and an average August price since 1920 of 42.98 cents a pound. Present Prices. ; Cholce eggs range around 25 to 25% cents a dozen, as compared with cents a year ago; 31 cents in 1928 md 10-year August average of 30.58 cents. November butter futures are around 41'> cents. There was no November delivery month in August of last year, ber fm.uree in August were between 43% and 44% cents. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., August 29.—Po- tatoes, white, 100 pounds, 75a2.00; bar- rel, 2.00a2.50; sweet potatoes, barrel, 2.00a6.50; beans, hamper, 2.25a3.00; beets, 100, 4.00a4.25; cabbage, basket, 1.00a1.15; carrots, 100, 2.50a3.50; celery, crate, 125-200. corn, dozen,’ 15a45; cucumbers, hamper, '1.0042.00; lima Tt P, Mt S peppers, hamper, 75; e R et ey 15; bhckberrlu. quart, 15a18; cantaloupes, hamper, 1.00a1.50; huckl eberries, 18a20; peaches, bushel, X?mu."‘n' termelons, 100, 10.00a40.00. 94% | womt Dairy Market. Poultry, slive — Chickens, lprhum B:und.mm-!o, “ oosters, 13al4: ducks, 12a18; g (nwl, each, 65a75; pl‘eom ulr "mnzn Eggs — Receipts, nearby firsts, 25a27; Bouthcm nnu, 24226 cufia; rreeelpu, n-zs pound. 36a42; hdlu, 2“’0 m Pprocess, 33a34; store packed, 25, Hay and Grain, "lwhe':t—zflgfl L red lwmur 0. inter, nr icky, "Zz August delivery, 90% ; October, 921 :ry Corn—No. 2 domestic, kllov new, 1.15a1.16; cob corn, 5. Rye—Nearby, 65a72. ts—White, No. 2, new, 49a50; No. 3, 48a40. SR ey marke en! seriously curtailed nearby crops, chang- the entire situation. Sections here- tofore shipping are now for offers 6f hay. Good clover and timothy new hly will bring from 22.00 to 28.00 per ton. Wheat straw, No. l per ton, 9.00a 1000 oat straw, No. 1, per ton, Live Stock Market. Cattle—Receipts, 600 head; fair sup- ply; market active and stronger. to 9.00; fair to medium, 7. 8.00; plain to fair, 6.00 to 1.00; mon to plain, 5.00 to 6. mon plain, 2.50 to 3.00. Heifers—Choice to prime, none; good to cholce, 7.00 to 8.00; medium to good, 6.50 to 7.00; fair to medium, 6.00 to 6.50; plain to fair, 550 to 6. mon to plain, 5.00 to 5.50. Fresh cows and Springers, $40 to $80. Sheep and lambs—Receipts, 1,400 head; moderate supply: market lower. 1175' 1o 12.18; roughs, 1. 8.40: Hgne pues, 550 o 10715, pigs, 1050 to 11.10. g;:vel—wpfi, 100 head; light market steady. Calves, 5.00 ARUNDEL CORTORATION. BALTIMORE, August 29 (Special) — Maintaining its consistent record since | 18 E?E % & 2 " 32 5 3 k3 F L s S‘-r:: 4 geRaiiss weE88eaZ a 2 ¥ oy H