Evening Star Newspaper, September 16, 1930, Page 15

FINANCIAL, FINANCIAL. RICES ARELOWER ONCIRB EXCHANGE [Utilities, Oils, Radios and Coppers Decline on THE EVENING STAR, WASHINGTON, D. C, TUESDAY, SEPTEMBER 16, 1930. Markets at a Glance NEW YORK, September 16 (P).— Stoeks, irregular; leaders rally with wheat., Bonds, irregular; inquiries for domestic issues improve. Curb, heavy; utilities lose ground. Foreign ex- changes, firm; sterling in demand. Cotton, ‘steady: absence of hedge sell- ing. Sugar, steady; Cuban _support. Coffee, lower; large stocks at Rio. CHICAGO, September 16 (#).—Wheat, firm; smaller receipts and reports frost STOCK AND. BOND AVERAGES By the Associated Press. From Yesterday's 5:3¢ Tdition. Received by Private Wire y ill Building 17th & I Streets Several single offices and suites avallable at most rea- sonable rentals. Avply to Representative, Room 300, Moore & Hill, Inc. 730 17th St. NW o STOCKS. Dividend Rate. Lefcourt Real 11.85.. Leonard Oil........ Lily Tullp Cup (1%) Loew’s Inc war).... MacMarr Stores (1). Mfg Finance vte Mass Util Asso. Mavis Bottling. Bales— Add 00. Open. High. Low. Close. 18% 18w 184 1% 1% 1% 24 24% 24% 1% 114 1% 13% 13% 18 18 ™% % 1% 1 Prev. 1930.—~ Note—All stocks are sold in one hundred-share lots High. Low. exe ng those designated by the letter 5 (80s) (250s) which shows those stocks to be sold in odd Jots only. ~Prev. 1030.~ Stock and Sales— High. Low. Dividend Rate. Add 00. Oven. High. Low. Close. 8515 81 - Agfa Anscopf..,... 81 &r 8 TN 9l 3% Alr Investors vte. A% 4% 4% 4% 23% 154 All AmGen Corp 1613 181 16% 16% % 1% Allison Drug St (B). % % nu. i 2 . 356 210 Aluminum Co of Am. 233 233 10 Rails. 121.0 121.3 121.9 118.4 162.3 1252 121.3 Previous day... Week ago. Month ago.. Year ago.. Two years ago. Trade News. BY JOHN A. CRONE. Mipscial Dispatch to The Star. 3 NEW YORK, September 16.—Un. favorable trade news, combined with ¥he calling of wheat loans, which forced in speculators to sell their security | llate: caused prices to move lower | on the Curb Exchange today. | Public utilities led the decline, but ' were closely followed by a long list of miscellaneous issues, including olls, radios, coppers, amusements and invest- ment trusts. Electric Bond & Share lost about a int, and American & Foreign Power, ts principal subsidiary, was off nearly that amount. Standard Oil of Indiana, Cities Service and Eastern States Power B declined fractionally. Technicolor again proved to be the softest spot in the amusements, sinking rapidly to & new low mark. The reduc- tion of export copper prices caused Red- Metal shares to drop. Petroleum issues paid less attention to trade news, which, on the whole, was favorable, than to market movements. Liberal offerings of stocks from Chi- cago and other Midwestern cities for the account of speculators in wheat took place during the morning. In many instances banks called wheat loans, which resulted in forced selling | of securities. 1115 1051 Alu Coof Am pf (6).. T 3% Amer Austin Car,. 10% 4 Am Beverage... 134 6 Am Capital (B). ... 28% 12% Am C P&L B (10%) 28% 19 AmCom P A (b10%) 37 15% Am Cyanamid (B).. 6 3 Am Dept Store 22 12% Am Equities. ....... 76% 38% Am For Pow (war).. 157 104 Am Gas&El (31). 7% 2% Am Invest (war). 89% 52% Am Lt & Trac (2%). 60% 45 Am MfgCo (4).. 1% Am Maricabo 7% Am Natural Ga 20% Am Superpow (1)... 94% Am Buperpwr 18t(6) 87% Am Superp pf (6)... 7% Am U &G B vtc 40c. 1% Am Yvette new wi 15% Anglo Chil Nitrate 815 Appalachian Gas 8 Arcturus Rad Tube.. # Ariz Globe Copper. 8% Arkansas Nat Gai 814 Ark Nat Gas (A) 30% Asso G&E A (at2. 97 Ass0oG & El ctfs (8). 38% Asso Rayon pf (6) 11% Atlantic Secur Corp.. 8 Atlas Util Corp 2% Atlas Utilities war.., 12% Aviation Credit. 3 141 120 Babcox & Wil (19).. 1288 7% 2% Bahia Corp 3 1574 146 Bell Tel of Can (8).. 50s 16% 64 Blue Ridge Cp (40c). 3 44 33% Blue Ridgecvpfas.. 15 55% 29% Brazil Tr & 14 (h2).. 35 5% 1% Br Celanese rcts s 193% 3914 10215 971 15% T 43% 14% 23% " 16% 16% 4615 147% 60% 26 v 5 2215 109% 109% 4% 3 108% 4% 3 7 16% 19% 16% 4% 14 4T4 127 3% 6115 45 ™~ 1% 22% 101 92 9 1% 3 Mesabi 15% 201 1685 an 14% 49 128% 3% 6234 4 1% 11% 2315 101% 92 9% 19 26% 10% 1 - Mid St Ni Ni 0 Am Mead Johnson (1434) Memphis Nat Gas. .. Met & Min Ine (1 Met Chain Stores Mid St Pet vte A Mid W St Ut (1 Mid West Ut (b8%) Mid West Ut B (w. Midld Nat Gas A 1.20 Miller & Sons (2). Mo Kan P L (b10%). Mo Kan P L vte. . Mount & Gulf (8¢c) Municipal Service. .. at American Co. at Aviation. .. Nat B & Sh cp 60c. Nat Fuel Ga: Nat Investors. ..... Nat Pow & Lt pf (6). at Pub Sv A (1.60). t Screen Sv (2)... t1 S T Sec A f50¢ t Steel Car, Ltd Nat Transit (1).. Nat Union Radio.... bel (Osc) (6234¢). Nevada Cal Elec. ... ew Eng Pow pt (6).140s Newport Co (2).. N Y Pow & Lt pf (7) N Y Tel pf (6%).. -Hud Pow (40c) Niag-Hud Pow A w. . Niagara Sh, Md (40c) Nipissing (30c). . Noranda Mines (2).. Nordon Mine: 84 16% 1% 1% Iron. [ 214 238, 28% % Pet vtc B ) ). 3 2658 . 1008 37 38 Ltd.. Aviat A war.. 84 16 1% Argentina. Corn, firm; predictions frost Northwest. Cattle, lower. Hogs, steady to lower. BANK CLEARINGS. NEW_YORK, September 16 (Spe- cial).—New York bank clearings, today, $1,639,000,000; year ago, $2,423,000,000. New York bank balances, today, $268,- 000,000; year ago, $294,000,000. New York Federal Reserve Bank credits, today, $261,000,000; year ago, $277- 000,000. CHICAGO STOCK MARKET By the Associated Press. CHICAGO, September 16.—Following is the complete official list of transac- tions in stocks on the Chicago Stock Exchange today: Sales. 650 AcmeSteel 50 All-Am Mohawk . 120 Art_Metal 30Assoc T & T A 20 Assoc T & T 6% 750 Assoc _Tel Uil 6250 Auburn Auto .. 2250 Bendix Aviation . 1050 Borg-Warner ....... 100 Borin Vivitone .. . 150 Brach & Sons ... 50 Brown F & W A 400 Burnham Trad 250 Burnham Tras i 250 Butler Bros @ 50 Cent Il Sec : 650 Cent Pub Serv A 300 Cent & So West 100 Chi Cily & Con Ry 70 Chie COrB...... 1300 Chic Corp b nvi High. Low. Close.” ., Three years ago,weekly High, 1930.... Low, 1930 High, 1929. Low, 1929 ... * Revised figure, Two years ago. .. Three years ago, weekly aver. High, 1930. Low, 1930. High, 1929. Low, 1929. “es (Copyright, GRAIN MARKET CHICAGO, September 16 ()—Not- | withstanding new low record prices at Liverpool, the Chicago wheat “market advanced today owing largely to asser- tions that France may import 35,000,000 quintals of wheat. A leading French authority was quoted as estimating that the French wheat crop will not exceed 56,500,000 quintals. Contrary to what has been the rule of late, there was said to be no material selling pressure today in Spring wheat markets, notably | at either Minneapolis or Winnipeg, and | the market here jumped at a rapid rate 1930 Standard Statistics Co.) R — 141.6 1154 167.8 e 20 Utllities, 101.1 101. 100.8 1008 96.9 99.3 99.8 101.1 97.8 99.8 96.0 ALEXANDRIA GAS PLANT BID TO BE ACTED UPON| Special Dispatch to The Star. ALEXANDRIA, Va,, September 16.— | A definite decision as to whether the bid.of the Seaboard ‘Investment Trust, holding company for the Washington Gas Light Co., of $750,000 for the Alex- andria gas plant and mains will be ac- | cepted will be reached when City Coun- cil meets Thursday afternoon. Council met yesterday in informal session and discussed the matter at Money on Hand to Loan om First Deed of Trust 69, Interest Reasonable Commission and Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. Offices Saul Building 925 15th St. N.W. Several desirable rooms at very reasonable rents. Inspec- tion invited. B. F. SAUL CO. Nat. 2100 925 15th St. N.W. 69 55 BuckeyePL (4).... 41 39 Burco Incevpf (3).. 9% 3% Canada Marconi..... 2% % Carib Syndicate..... 42% 25 Cent Pub Sve A al.76 39% 19 Cent St El (kd0c).... 9% 4% Centrifug Pipe (60¢) 8% 214 Chain Store Devel... 9% Chain Stores Stock.. 1 25 17% Chat Ph Alnv (50c).. & 114 106% Childs Co pf (7)..... 108 or & So Am Corp A. or Europ Ol Cor or Ind Pwr 8ve(§). Nor 8t Pow pf (6). Ohio Brass B (5)....100s Ollsgocks Ltd A 50c.. 2 Okla Gas & El pf (7). 508 Overseas Secur (1).. Pac G&E 1st pf (1%) 'ae Pub 8v (1.30) Pac Western Oil Pandem Oil .o . Paramount Cab Mfg. Pennroad Corp (20c) Penn P & Lt pf (7).. Peop L& P A a2.40.. Pilot Rad Tube (A)., Pines WinterFr (n1) Plymouth Oil (2).... Polymet Mfg (4% ). Premier Gold (24c).. Prince & Whit (25¢). Prudential Inves Pub Util Hold w % Pub Ut Hold (war).. Pure O1l pf (6) Rainbow Lum Pr A. Rainbow Lum Pr B.. Red Bank Red Warrior... .. Reliable St (b5% ) Rellance Mana, Repett! Candy. . Reynolds Invest. Reybarn Co. . Rossia Int Corp. Safety Car H&L (8). 23s Safeway Sors war 2d 20s St Regis Paper (1).. Salt Creek Prod (2). SaxetCo....... Schulte Un 5c-§1 St. Seg Lock & H (50c Selected Industries Select Ind pr (5%).. Sentry Safety Cont. . Shattuck Den Min. .. Sheaffer Pen (13). Shenandoah Corp. SimBdevpf (3).... Smith (A O) (2).. Sou Penn Ofl (1234). SoCal Ed pf B (13%). So Col Pow (A) (2).. Southern Corp...... S W Gas Utllities Stahl-Myer (1.20) . Standard Motors. ... Stand Oil Tnd (234) . Stand Oil Ky. (11.80) Stand Oil, Neb(1315) St Pow & Lt pt (7) Starrett Corp....... Starrett Corp pf (3). Stein Cosmetics. . ... Steinite Radio. . 2Ry & Radio & ‘Tel Strauss Roth. . - 3% 13 -8 - 3 ¢ Oil (40¢). ... 5 g E o R Swift & Conew (2).. o5 Swift Internat (2%) Tampa Electric (32). Technicolor Inc..... Tran Con Air Tran.. Trans Lux DLPS. . Tri-Cont Corp (war) Tri Utilities pf (3) Trunz Pork S (1.60) . Tubize Chatel (B) Twin St NG A pt ( Un NG of Can $1.60. Un Oil Asso ($2). Unien Tobacco. Utd Car Fast (60c).. Utd Found b2-35 sh. Utd Gas Ca (new) Utd Gas (war) Utd Gas pf (T) . Utd Lt & Pow A (1). td Lt & Pow pf (6). td Shoe Mach 4% . U 8 Dairy (B) ] S Elec Pow ww. 30 U S Foil (B) (1) 108 U S Lines pf (1).... 10s U 8 & Oversens war. 3 Utd Verde Ext (2). Utah Apex (50¢). ... Util Pow & Lt (a1).. Jtility & Ind Utl] & Tnd pf (1%). lity Equities vacnum Ofl (4). Walker (H) (1) Wenden Copper . West V Conl & Coke West Afr Exp (60c) West Auto S A (3). Wheatsworth (1) White Eag O db rt Wil-Low Cafeter!: Woodley Petroleum. Zonite Produets (1). RIGHTS. Expire. tnsCoof N A..Oct 1 Newport Co, . Sept 22 13 & Zonite Prod..Oct 1 12 & Dividend rates in doliars based on last uarterly or payment % | : vidend. tPartly e tPlus 4% In stock. & Payable in cash oF Lotk B :y'-'r(:l'- gy A‘) tment dividend. { Pl ghue'es 'in ‘stock. “n Plus 1% 'in stock. * i Blus a8 34 30 IR Niock EFlis 10% Instock. 'm Pus 3% n'stock.n Pius | 2TH 274187 in stock in the final transactions. After a maximum rise of nearly 4 | cents a bushel, wheat closed unsettled, | 17 to 2% higher than yesterday’s finish. Corn closed 12 to 14 up, oats | 1% to 234 advanced and provisions | varying from 10 decline to a rise of 7. WHEAT— Low. Close. September . .90 December ‘843 March . 8830 May .ol Kith CORN- September December March May ... OATS September December great length. Citizens are very much interested in the matter, especially as the Washington Gas Light Co. is un- derstood. to have planned to place a by-products plant here. COPPER PRICES REDUCED TO LOWEST IN 30 YEARS By the Assoclated Press. NEW YORK, September 16.—The price of copper for export was reduced one-quarter of a cent a pound to 11.05 cents c.if. European base ports today by Gopper Exporters, Inc. The cut was made to bring the ex- port price in line with, the domestic | price of 10%; cents a pound delivered, made yesterday by at least one custom smelter. Leading producers, who had been holding the metal at 11 cents, re- duced the price to 1034 cents a pound yesterday. The new domestic prices, the lowest in 30 years, compare with the 18-cent level in effect from April, J1929. to April, 1930, when the decline began. 7 vFirat Mortgage Loan Applications Invited at 5)5% Construction Loans Glover & Flather 1508 H St. N.W. National 1753 S ON THE CURB H 288 0% s 38 ium H 100 Commonwith Edis 100 Construct Mat pf 100 Consumers 100 Consumers 4400 Cont Chicago 200 Cont Chic_pf 1250 Cord Corp 1750 Corp Sec.. 128 Crane Co 20 Diversified ~Tnv. 1450 Elec Household. . 100 Elec Research. .. . S0Emp G & F 6'2% i 100 Emp G & F 7% Pt 100 Fabrics Finish.... 2511l North ULl..... 700 Foote G & Mach. [, 600 Gen Wat Wks A.... 900 Gleaner Basasd 500 Gt Lakes Aircraft... 150 Gt Lakes Dreds: 100 Greyhound 3 66700 Grigsby-Grunow 50 Hall Print 100 Hart-Carter " 200 Hormel & Co 700 Houdaille-Her A. 250 Houdaille-Her B 25 Il North Util 30 Ind Pneu Tool . 650 Inland Util 10800 Insull Uil hAT5 o 300 Insull U pf 3nd ser.. 500 Kalamazoo Stove 100 Kellogg Swiich i 280 Ken-Rad T & L' 900 Libby -McNeill 50 Lincoln_Print 108 .. 508 12 22 1 4 Bales B DOMESTIC BONDS. an thousands. gh. Alabama Pw 47 Hi Al o' & omim P Am Cmwin Bw s 4 1 Amer G & E 58 8§ & routs 4 Amer P & L 6s 201 4 Amer Roll Mill 55 lach _Gas 6s s B 937 3 6% 21 557 Ba% 6% 19% 88 Citles Serv pf (6). 50% Clev El Illum (1.60). 3 Club Aluminum Uten 5% Col Oil & Gas vte. ... 24 Columbla Pic (f1%). 31 Col Pict vtc (f1%) 3% Com & Sou war. 11% Com Wat Sv (b6%). % Comstock Tunnel. Consol Alrcraft..... 1 Consol Auto Merch. . 3% Consol Copper. .. 10 Consol Dairy Pr (2). 21% Cons Gas Util A 2.20, 5% Con Retail Strs (1).. 108% 101% ContG & E pr pt (7). 57 28 Cooper Bessemer (2) 20% 9 Corroon & Reynolds. 17% 6 Cord Corp.......... 74% 28 Cosden Oll 44% 44 Crane & Co 7% 5% Creole Petroleum. 12 % Cresson Consol (4c). 36% Crown Cork pf(2.70) 1 & Cuban Cane propt w. 4% 1% Curtiss Wright war. 2 3 Cusi Mex Mining.... 21% 8% Darby Petrolmn (1) 11 Davenport Hos (2).. 2% Dayton Air & Eng... 654 Deere & Co (m1.20).. 2% De Forest Radio. 415 Derby Oil Refining 3 Detroit Aircraft..... 21% Diamond Match w.i. 24% Diamnd Mtch pt w. 12% Douglas Air (75¢)... 81 DressSRIA) (3%). 31% Dresser Mfg (B) (2). 41 140 7 3 Arcans P & L 58 rkal 5 Asso Dve & Print 8s 20 5 Asso Electric ¢'as '53 90%a &E4iasC 49 8L & EI 55 '68 88% Ass :38 86 98% e -~ NOTINITEN - P Plywd bias 'Tel Can 5's A December | March May 15 Cal Can N Ghioniliar & aterpillar "It |58 7 Cent Stat Elec s '48 81 12 Cent 6t E 5las '56 ww 83% 8 Cent 8t P&L 5138 53 0 Chic Ry cod 55 2027, 1 1 Cig Str Real 5i4 830 Cities Service 55 3 Cities Service 55 '8 1Cit Serv Gas 5'as 12Cit Ser Gas P 68 3Cit Sery Pow 5138 1 Cleve Elec Tllu 78 1 Cleve Ter Bidg 6s 85 Comdr Laraee 65 2Con Gas Balt 4las 15 Con Gas Balt 5s P 35 Gonsum Pow #%as 6Cont G & E 58 A 3 Continen_Oil bYas. § Crucible Steel 55 40.. 10 Det C G 2 Det C G: 50, 12 Det Int Brds 6ips 53 43% % Det Inter Brdg 7s '52 22 Duquesne Gas 6s 4. 10 Duquesne 6%ss . - s Chi Preu Tool 88 F.. 102 Elec P & L 55 A 2030 5 Fairoanks Mor 88 /42 4 Federal Wat 5'as 2 Firestone Tire 88 15 Plorida P & L 55 ° 18 Gatineau Pow s ’ 4 Gatineau Pow 6s 4 Gen Bronze 8y 10 Glidden Co S5las 0% 13 Georgia Power 5s '67 10130 3¢ Goodrich 6s . 3 Grand_Trunk 12 Guif Oil Pa 55 1 Guif 8t Ttil 58 A NEW YORK, September 16 (Special). —Price changes on the Cotton Ex- change proved the smallest in some time | | today, while fluctuations were the nar- | rowest of the month under an extreme- ly steady tone. Limited hedge selling had a steady- ing effect on the market in the face of scattered liquidation of old-style de- liveries, which wiped out the premium on both October and January. Old and | new October and old and new January closed at virtually identical prices, though the old-style contracts were at a premium of 35 points a few months ago. The list closed with an advance | of 1 to 10 points. Spots were un-| changed at 10.95. Cotton range: 150 Lynch Corp 82500 Majestic House Ut 50 Manhat_Dearborn ... 50 Marks Bros.......... 850 Marshall Fieid 750 Merch & MIrs A 10200 Mid - West Util 100 Mid W Ut 65 pf A 150 Mid W Ut “A” war 100Mid W Ut “B* war 200 Midland N Gas “A 900 Midiand United. . 430 Midland Unit pf 50 Midland Unit war... 100 Miss_Val Util pf.... 13200 Mo-Kan _Pipe 3 50 Mohawk Rub 400 Morgan Litho. 140 Nat -~ Battery 210 Nat Pub Serv 400 Nat Secur Inv 100 Nat Un_Radio 50 Noblitt-Sparks 50 North Am Car. 100 Nor Am L Pow.. 450 No & So Am 100 Pines Winter 100 Process Corp 180 Public Serv 195 Public_Serv n 28 Pub Serv 6% 30 Pub Serv 7% 500 QRS Musie 250 Rallroad Sh 150 Rollins Hos 200 Ryerson & Son. 700 Sangamo _ Elec 150 Seaboard ‘Public’ Sve 250 Seuboard Uil 300 Sb Union Gas. 10 Sowest G & Fiec pf. 400 Stone (H O) & Co. 200 Swift & Co. 600 Swift _Int'l 400 Twin St Nat 100U 8 Gypsum 9 93l 937 92hs 92%s 107% 107% 96 ' 96 504 53 10134 102 105% 105% 10112 101% [ 9712 98 10112 101% 107 107 104 104 430 9 2 2 geS30 F. B. KEECH & COMPANY Members of New York Stock Exchange Washington_Stock Exchange Chicago Stock Exchange New York Curb Market Chicago Board of Trade Liverpool Cotton Association, Ltd. New York Cotton Exchanse New Orleans Cotton Exchange New York Froduce Exchange Winnipes Grain Exchange N. Y. Coffee and Sugar Exchange, Inc. Rubber Exchange of N. Y., Inc. New York Cocon Exchange, Inc New York Hide Exchange, Inc. Minneapolis Chamber of Commerce National Metal Exchange, Inc. Bremen Cotton Exchange (Asso, Members) WHEAT liquid future contract markets exist 30 Sggen: SessE3sess: g FEEFE ot 24% 27% 234 6% 44% 108% 209 17 20 5% 7 S 3 = gt Egen 28RNEE! Qctober, October, December, old December, new uary, old January, new March May July |FARMERS ARE ADVISED T0 BUY SEED CORN NOW | By the Associated Press. Farmers in drought areas have been advised by the Department of Agricul- ture to select or purchase seed corn now to prevent the possibility of a shortage of suitable seed next year. “ Unless farmers in the most seriously affected drought areas recognize the situation promptly and take steps to meet it the department said, “the ill effect of the drought may not stop with the current crops. “It is probable,” the statement con- tinued, “there are few areas so seriously affected that sufficient corn of ‘local adapted varieties cannot be had for | planting in 1931, but the seriousness of | the conditions must be recognized, and | steps taken immediately to insure that enough seed of these varieties is saved,” old new’ 384555528 & Chicago Minneapolis Kansas City =~ Winnipeg Liverpool RSS! et Duke Power (§15). Dugquesne Gas'Cp wi. 11 Durh.Duplex prpt... 1 Durh Hoslery (B)... 2% Durant Motors. ..... 18% Bast St Pow B (1)... 7 Bast UtRInv (A)..4. % Bisler Elec (134) % 70% El Bond & Sh (b6 109% 103'% El Bond & Sh pf (6 98 92% Kl Bond & Shcu pf 6. 39% 19 Elec Pow Asso (1)... 37 16% Elec Pow Asso A (1) 78% 281 El Pow & Lt op war.. 32% 15% Elec Sharehold (31). 8% 5% Empire Corporation, 104 99 Emp G&F cu pf ( 25 16 Emp PSerA ( 28 124 EuropE Ltd A (60c) 9 3% Burop Elec deb rta.. 6 114 Evans Wallow Lead. % 2 Fabries Finishing... 2% % Fandango Corp.. 5% KFederal Baking Shop 13% Kokker Alreraft. ... Ford Mot Can A 1% « Ford Mot France 28¢ 10% Ford Mot Ltd 37%c. 214 Fox Theater Cl (A).. 19% Garlock Pkg (1.20).. 6'a Gen Alloys (80c).... 2% General Baking..... 27 Gen Baking pf (3)... 24 74 Gen G&E cv pf B (6) 1608 20 Gen W W&E A (2).. 75 Glen Alden Coal (8). 9 Glohe Underwriters. 2% Gold Coin (new).... 1% Gold Seal Elec new.. 2% Golden Center... ... 15% Goldman Sach T C .. 180 GrA&P T n-v (5).. 116% GrA&PTpf (7)... 115% Gulf Ofl of Pa (1%). 8 Helena Rubenstein. . 2413 Hires (CE) (A) (2).. 5 Hollinger Gold (60c) 7 Hudson Bay M&S.. 78 Humble Ol (2)...., 18% Imp Ol of Can (50¢c) 26% Ind Ter I1lu Oil (A).. 61% InsCo N Am (13).... 11% Insurance Sec (1.40). 53% Insull Util Inv tb9% 10 Intercoast Trade (1) % Intercontinent Petn. 17% Int Petroleum (1)... 30% Internat Super (£1).. 34% Int Utilities A (334). 6% Internat Util (B). 5% Int Util war (new).. 6% Interstate Equities.. 33% Interst Ea cv pf (3). 12 Irving Air Chute (1). 3% Irving A Chute war.. 9 Klein H pt pf (§1.20) 18% Knott Corp (a2.40). 36% Lackawanna See (3). 21% Lane Bryant (2).... B pL.. Pt EEEEEERSSE fot=tet et 288R558 gannoiaed 2 We are prepared to handle arders in these markets. H CORNER 17TH ST.,N.W,, WASHINGTON NATIONAL 0245 Chicago Philadelphia * Detidit Providence SEASONAL BRANCH OFFICES Saratoga_Springs Bar Harbor Bretton Woods York Harbor Shawnee-on-Delaware e &, -1 5383822283888 ! S o 4 1 P 9 8 Illin P 45 Inland ULl ull _Utilit 15 Inter Pw Sec Ts 1 Intérn Sec Am 5s '47 it Fover & 32 TowacNeb LAP 58 € Jers C P&L 5las A Kelvinator 6s G s's 750 108 Kopper G e b New York Brookiyn 3 IS THI01 -~ Quh |- JOTIO 50 emeSe: 23se33s8es: PEE TiEST Palm ‘Beach Miami Beach Sas. 25885838: 3 G.M.-P. MURPHY & CO. New York WASHINGTON Philadelphia Richmond " London Mid West Uul 88 Mid West Uti] Bs ' Midiand Nat G 68 Minn P & L 41as 78, Miss Pow & Lt 8s 37 k sales today, 286.400 shares. BONDS. 17000 Insull 6s '40 Boud sales todas, INVESTMENT TRUSTS NEW YORK, Scptember 16 (#).— Over-the-counter market. Amer Brit & Cont 6% Amer Founders Amer Founders 7% i ... Deposited Bank Share Ser Incorporated Equities Incorporated Investors Independence Shrs Investment Trust of N ¥.. Investors’ Eauities i Investors’ Trustee Shares Jackson & Curtis Invest Assoc Major Sh . Mohawk 5 3 3 st G500 10000 19 i i 00 i B OB 20 102% 102% 1023 108 17,000, 107% 10712 932 MEMBERS New York Stock Exchange Washington Stock Exchange Richmond Stock Exchange New York Produce Exchange New York Curb Exchange L s PAB-IS BOURSE PRICES. PARIS, September 16 (#).—Trading was qulet and prices were barely steady | on the Bourse today. Three per cent | rentes, 89 francs 10 centimes, ex-inter- | | est; 5 per cent loan, 101 francs 55 cen- times; exchange on London, 123 francs | 74 centimes. The dollar was quoted at 25 francs 46 centime: o P e N 50 123 5 8 85y o 103% 10834 | 102% 102 103 * 108 1013 101% 10134 10134 983 953 98! “ 97% 9 103 " 10314 1043 10430 103% 103% 82 82 | Narragansett 85 '87.. P & L 65 A 2026 107% Nat P & L 55 B 2030 93% Nat P 8 55 St 15 National Tea 55 '35 Nat Trade J 65 '38.. Neisner Bros 6s '48 16 New Ene G&E 85 4 0 New Eng G&k 58 ‘45 UNYP&L4is 67 46 Nor Am Bd 58 C ‘69 1 Nor Cont Ut 108 3 Nor Sta Pow 6l2s '33 1023, 3 Nor Tex Ut 7s '35 ww 103 13 470hio Edis 55 '60 wil0lla 76 5 Okla Gas & EI 55 '50 1013 7 21 Ontario P&L 5%:s '50 9534 10Oswego R_Pow 6s ‘31101 0Pac G & E 4128 E 57 7 & E 98 83 Penn O Ed 5133 B 89 103% 7Penn O Ed 65 '50 xw 104% $Penn P & L 55 D 531037 $ Peop L&P 55 79 ww 13 Phila Elec 8is '72.. § Pitts Steel 65 48.... § Potomac Ed $s E 56 1Power Bec Slgs...... 1 Proct & Gam 45 4 1Pub § Nor Il 65 '3l SPuE B P & L 555 49 § Remington 5%us A '33 3§ Roch, Cen Pow g5 83 4 Ryerson & Son bs 13I8t L Gas & C 6s '47 328an Ant P S 5s B ‘58 3 Servel Inc 55 '48.... 9 Shaw W&P 4 18haw W&P 4 88haw'g 55 C' 4 Shawsheen 7s ‘31 1 1ShefMeld 8ti §ias /48 2 Snider Pack 6s ‘32 21 SE PAL 65 A 2025 xw 78outh Calif Ed 55 '44 30 South Cal Bs 3 Bouth_Calif Ed s 8 8ou Cal Gas 55 48 South N J 8 8o 65% 16% 12% 16 1 4 1 2 1 Covy of our “Fortnightly Revtew” on Request 1510 H Street " Money to Loan cured by first deed of trust on real estate Frevaiiing. Interest and” commisplon Joseph L. Weller «a,as & 8 avam | 18% A% 1% 18 13% 2%, 11 9% 8 % L 34 21% 29 2% 6 4 10 Connecticut at K National 9600 | United Founder 2 | U 8 Elec Lt & Pow Shiar U 8 Elec Others ¢ & Pow Shares B First Mortgage Loans On improved Real Estate in the District of Columbia and nearby Maryland and Virginia for 3, S or 10 year terms on your V2% Apply 3 % a4 21% 29 2% 5% 4 10 4 3 3 1 4 any Syndicate 5 Plans. Coupen brings 10 10 Office Building Business Property Home 2% 3 32 2% 2% 2% * & L. semi-annual | A Southw G Apartment e &E 8¢ 37 s 44 9813 A 2022 109} 18 Stand Ga 8 Standard F 13 Swift Co 18wift Co 8 3 Swift_Co s 5 Tex Cily Gas 86 Texas Elec 5¢ 1 Texas Gas Ut 17 Texas P & L 85 '86. 1 1 1 1 1 5 1 2 1 2 1 3 1 1 1 5 4 RANDALL H. HAGNER & COMPANY MORTGAGE LOAN CORRESFONDENT 15 Tri UMl bs 19 2 Ulen & Co 6s 44 Ry 5'zs '52 9% Ry 6°A 32 102 9415 5Unit E & P 55 B 67 104 Unjon Gult 8s ‘50 40 n Sweringen & 35 9714 | T7abosh 85 D " 1075 con ' 8iys 101 Mtx B 55 72 1X 100 21 Eur El Cp 6% '65 xw 867 11 Europ Mts 15 C '67. 88 1Finld Ind Bk 7 '44. 100%; 9 Pinid R M Bk 65 14 Ger Con Mun 5238 22 Ital Sup Po 6s '63 1 Nippon Ei P 613s '83 2 Parana Brazil 7s ‘58 25 Prussia F 8 65 '52 7 Prussian P 8 6'as ‘51 Rio de Jan 1 12 Ruhr G Co 8%5 A 53 3 Suar Basin Con s 38 geens=Ee 91 [ a4y 9715 92 8 801y 9! S a 82% 4 Santiago Chile s 2 Stinnes 75 5 Stinnes s '46 xw S Tiets (L) Thas 46 X 2 Terni Soc 8135 A '53. ww—With warrants. xw—Without Wi n—New Wi When issued. rants. [ More than $304.000,000 worth of - American merchandise was received in the Par Eest in the first six months of this year, L Washington Ticker BY CHAS. P. SHAEFFER. A national credit survey by the De- partment of Commerce covering seven types of retail stores located in 24 cities of the country gives the loss suffered through acceptance of freudulent checks as only 0.1 per cent of total net sales during the first six months of 1930. The stores’ classifications covered in the survey included de- partment, furniture, jewelry, men's clothing, shoe, women's specialty and electrical appliance. Of the 336 stores reporting on this specific phase two groups proved im- mune from losses of this sort, namely, furniture and electrical appliance stores. Jewelry establishments suf- fered to the extént of .01 per cent, followed by shoe and women's ty stores with .02 per cent, while d Flrtm!nt and men’s clothing stores lost .1 per cent each. One hundred and sixty reporting stores had an average loss on open credit accounts of 0.6 per cent, and of instaliment accounts of 1.9 p:r cent. Bad debt losses on installment sales were thus more than three ftimes as great as these on open credit sales for the stores reporting. Jewelry stores had the lowest open credit loss, 0.1 per cent, and the h'ghest installment credit loss, 6.3 per cent, .Electrical ap- pliance stores had the highest open credit loss, 2.2 per cent, and the 1ow- est_installment credit loss, 0.8 per cent. Returns and allowances for the first six months for all stores increased over those of the first six months of last year. These items on gross cash sales in- | creased from 3.7 per cent in 1920 to 3.9 | per cent in 1930; on gross open credit | sales, from 11.4 per cent last year to | 11,7 in 1930, and on gross installment | sales, from 13.7 per cent in 1929 to 14.6 per cent in 1930. | stores had the highest percenta; !turns and allowances on cas) | shoa stores the highest percentage on | open credit sales, and jewelry stores the | highest on instaliment sales. | Goif can be fairly rated as the most popular American sport on the basis of a Census Bureau statement, which shows this form of athletics leading all others in so far as manufacture of para- | phernalia and rate of increase in’pro- duction is concerned. Golf goods shipped or delivered in 1920 amounted to $17.908,153 of the [;m. total of $48,900483 for all sport- ‘tng nd athletic goods, excluding fire- arms and ammunition. This figure rep- resents an inercase of 46 per cent over 1927, the last census year, a figure far in excess of the 237 p-r cent gain regis- | tered for the entire sport ng poods group | The remeinder of th~ total for 1929 is | | made up as follows: Tann' 690.734; base bal' grods, "5, "..,632. feot | ball, basket ball. boxing, etc., goode. $3,803,226: fishing r.pparatus, $8,572,607: skates, $4,873,961; gymnasium goods, 054,781; miscellaneous goods, $2,107. In addition, the statement points out, sporting and athletic goods are manu- Producis By’ estabisnments " sopcsed ts primarily in other lines of manufacture. goods, $4,- Women'’s specialty | The value of sporting and athletic goods, excluding firearms and ammu- rition, thus produced outside the in- dustry proper in 1927 was $2,713,002, an amount equal to 6 per cent of the total value of this class of commodities made within the industry. The cor- responding value for 1929 has not yet been ascertained. TREASURY CERTIFICATES. (Reported by J. & W. Seligman —Maturity. S04 Dre 18 Toso. 7o June 15, 1931 2% E‘!Dlv ;g 105 Mar 15, 308 B 18, 103 1 2 31is Dec 15, 1932 NEW YORK, September 16 (#).— Over-the-counter market: Bank Stocks. : B Asea America ... 1 BT of U 8 Unl 42'% ’ Broadway Nat Chase fesenen Chat Phenix ... Sy T Fiftn ave | Pst Nat N ¥ | Earramany .. Manhet Co PR Pespies Natl . Trust Companes. sanker : et t Ho- over Bhitleen Bk & Tr Chem Bk & Tr Corn Exchange County . Bhiaranty New York Westchester i 1321 Connecticut Ave. Capital a Review Your Will { ¥ w it codicils. « b this connection, without obli- S, - Mational Savings NEW YORE LIFE INSURANCE COMPANY [ OQur Trust Dept. staff will Open Until 5:30 P.M. Today Decatur 3600 nd Surplus, $3,500,000.00 Births, marriages or other vents transpiring since your ill was drawn may counsel s revision, or the addition of e glad to confer with you in Deposit Boxes at Moderate Annual Rentals & Trust Company The Oldest Savings Institution Corner 15th & N. Y. Ave. 6fth Yr, in the District of Columbia oy | Smile at Life,foo/ HE can have his full share of advantages and good things. The Guaranteed Investors Syndicate Plan is prov American families with funds to educate their children and give them advantages in life. Small sums regularly deposited build amounts of from [ $1,000 to $100,000. Compound interest works the magic! Send coupon and leam how this Plan will benefit YOUI —185,000 INVESTORS — | Investors Syndicater 1 | Tell me how your Plan will provide | Collese orl Education | | Technient ! Start in busk- | g over 55,000 edding -u-l | child. i - NVESTORS SYNDICATE FOUNDED 1894 BARR BUILDING, WASHINGTON, D. G Telephone Metropolitan 1879 Offices in 51 principal cities