Evening Star Newspaper, September 19, 1930, Page 14

A—14 GRESSIVE ERA INU. 5. PREDICTED Mills Official Believes Upturn in Business Is Near at Hand. BY JOHN F. SINCLAIR, Specic] Dispatch to The Star. NEW YORK, September 19.—George ( M. Verity, chairman of the American | Rolling Mills Co. of Middletown, Ohio, doesn't believe that the inexhaustible power of American initiative, optimism and constructive ability can be held in restraint much longer. “They are bound to break loose, as they aiways have, and when they do | they will mark the beginning of a new and greater era of progress,” said Mr. Verity, commenting on business condi- tions. “But when?” I asked him “The incoming tide, which must al- ways follow the ebb, may appear at| any time. It would have been here now had we not lost our momentum, with everyone waiting for some one else to start the ball rolling again.” Mr. Verity, a leader in the steel in- dustry, continued: “The sum of what is usually done by all of the groups in every class of busi- ness adventure, is within a period of six to ten years, more than we have as yet | been educated to consume * * * just like an over-fed stomach we all, usiness jointly, must stop and catch up | with ourselves. “But why do we have to wait so long | before we catch up | “The catching up problem must pof sibly be more thorough than formerly. Has Falth in Future, Mr. Verity has no cure-all for inve untary unemployment, nor does he see how the business cycie is to be elimi- nated. He does believe, however, that one of the big business troubles may be found in hobbling business by Federal legislation. He believes a modification of some of these laws is necessary. But of the future he has no doubt whatsoever. “Having more than liquidated the re- sult of our combined energies and of our securities market speculative activi ties, we will, during the next 10 years, eed to bring into being a new and no doubt the most constructive and goundly progressive period the world has ever seen,” is the conclusion of the steel manufacturer. Not only does Mr. Verity believe that business for the remainder of the year will show up very favorably, but “a return to real activity in industry and commerce cannot be delayed longer than early in the new year.” Inflation Periods. George Woodruff, aggressive chair- man of the National Bank of the Re- public _of Chicago, sees nothing but green lights ahead for business. He has been studying business charts —many of them—to see which way the wind is blowing. The charts show a great similarity in conditions in 1921 and 1930. The big point of difference is that the great speculative inflation of 1921 occurred in commodities like , sugar, “cotton and copper, while great speculative inflation of 1930 showed in the seething stock market. Both were epoch-making. Both were very disastrous. But business in 1922 came back to mock the dark days of 1921. Will 1931 do likewise? This Chicago banker draws the con- elusion that a reasonable recovery in ‘business activity should take place dur- ing the latter part of this year, just as it did in 1921, But what of 1931? “The ne;dl o‘tnfll‘zo,o\)}?,mrp]peo ‘:e should catch uj such surplus in- wventories as mD’ remain on hand after & year of minimum production, bring- ing about a %uptum in the busi- ness activity of Nation,” says Mr. Woodruff, “By the Summer of 1931 we may all again clearly behold how wrong are the ists when they get to be- Heving erican progress has come to an end.” thiich, Whih ot people st 3out our people drove, have changed. 'Fhe curbstone admonitions of the minions of the eco- nomic law near an end, There are green lights ahead!” Marketing Board. The Empire Marketing Board, with juarters in London, which spent $1,000,000 in 1929 and another $1.000,- 000 this year, advertising Dominion products in Great Britain, is making Temarkable progress. This board sits quietly in London, says very little for publicity except in & formal way, and concerns itself, accord- ing to & report in the Index, the month- publication of the New York Trust ., with the marketing of commodities raised in the British Empire. It carries on energetically an efficient and far-seeing research bureau. It aims at more efficlent marketing, a better 4 especially the up ational = mark” which carries with it a guarantee to the buyer that the quality of the British product sold is of the grade stated. Great Britain alone consumes more than a billion and a half dollars a year in meat, dairy, wool and hide products. ‘The national mark has already been :wued to feed, apples, pears, eggs, four, home products, cucumbers and tomatoes. Recently it has opened “an all-em- pire shop” in Glasgow. This will be duplicated in many other British cities. ‘E"domlnhn or colony in the British ®aw Empire has the use of the shop for two wi , during which it displays its producs to the people of those cities. ‘To the housewife the British mar- keting board says: “Ask first in your daily shopping for the products of your own country. Ask next for the products of the Empire overseas. Whenever you can find Em- pire products, whether it be from home or overseas, that are satisfactory in price and quality choose them in prefer- ence to foreign products.” Great Britain still follows a free trade policy. But this development is a most. effective form of protection. (Copyright, 1930, by North American News- paper Alliance.) CORPORATE I‘NCOME JULY 1 28 PER CENT BELOW 1929 Net income -of the 599 industrial, utllity and railroad _corporations for which comparative figures are now available for the first six months of 1929 and 1930, in the first six months of this year fell 38 per cent below that of the corresponding period of 1929, according to the Standard Sta- tistics Co. of New York. The detailed figures, which follow, show that the utility group was the only one to make a better nho‘llni this year than in the first six months of 1020: *26 utiliti 37 railronds #99 corporations BANK CLEARINGS. NEW YORK, September 19 elal) — New York bank wew Yok New Vork P i Reserve Benk credits. - PARIS BOURSZ PRICES. PARIS, tember 19 (#).—Trading was quiet on thz Bourse today. Three per cent rentes, 89 francs 40 Today. $1,077,000,000 $1,689,000,000 152,000,000 224,000,000 Avyear 147,000,000 187,000,000 (Spe- | FINANCIAL. | (Continued From Page 1 Nat Surety (5). Natl Tea (1) ada Copper (1).. Newton Steel (2) N'Y Atrbrake (3.60). N ¥ Central (8) N ¥ Dock. N Y Invest (1.20) N Y & Harlem (5). NY N H & Hart (6). N Y Ont & Western. . N Y Steam pt(6). . Norf & Western (10) North Am Aviation.. 21 Nor Am (b10%stk).. 144 No Ger Lloyd (3.43). 1 NorthernPacific (5). 5 Norwalk Tire & Rub, 1 Ohio O1l Co (2) 59 Oil Well Supply..... Oil Well Sup pf (7)..350s Oliver Farm Equip.. 39 Oliv Farm Eq ev pf.. Omnibus Corp..... Oppenheim Col (3) Otis Elev n (2%) Otis Steel (214) Owens Ill Glass (3).. Pacific Gas & El (2).. Pacific Lighting (3). Pacific Tel & Tel (7). Packard Motor (1) Pan-Am Petrol (B).. Panhandle P & R.... Param’nt Publix (4). Park & Tilford (33). Parmelee Tran (60c) Pathe Exchan, Pathe Exchange (A). Patino Mines. . Penick & Ford (1). Penney (JC) (3).... Penney (JC) pf A (§) Penn Dixie Cem pf. . . Penma RR (4), ... Peoples DS pf (§%). People’s Gas Ch (8) 4y 4 Pet Mk (13). Petrol Corp (1%) Phelps Dodge (3) Phila Co 6% pf (3). Phila Read C& 1. Phillips Petrol (n2) .g Pierce Ofl.. Pierce Ol pf Pierce Petroleum Pillsbury Flour (2).. Pittston Co (75¢) Poor & Co (B) (2). P R Am Tob (B). Postal Tel &C pf ( Prairie Oil & Gas (2) Prgirie Pipe L (16).. 4 Pressed Steel Car. .. Proct & Gamb (2.40). Prod & Refiners Prod & Refiners pf.. Pub Sv N J (3.40) Pub Sv N 3 pt (5) Pub 8v N J pf (6).. Pullman Corp (4). ... Punta AlegreSugar Pure Ofl (13%) Pure Oil pt (). Purity Bakerles (4).. Radio Corp Radio pf A (3%).. Radio Corp (B) (5).. Radio-Keith-Orph A. Raybestos Man 2.60. Real Silk (5)........ Real Silk Hos pf (7). Rem Rand (1.60 Reo Motor Car (80c). Republic Steel (4)... Republic Ste Reynolds Me ob A (3). Reynolds Tob B (3). Rhine W EI P (2.16), Richfleld Ofl (2)..... Rio Grande Oil (2. Rossia Insur (2.20) .. Royal Dutch a3.2165. Safeway Strs pf (7). 308 St Joseph Lead (13). St L-San Fran (8). St L-San Fran pf (6). St L Southwestern , St L Southwn pt (5), Savage Arms (2) Schulte Retall Strs. . Schulte Retall pt (8) Seaboard Air Line. .. Sears Roebuck 2% .. Second Natl Inv..... Seneca Copper. Servel Inc. . Sharp & Dohme Sharp & Do pf (3% Shattuck (F G) (1% Shell Union Oil...... Shell Un Oil pf (5%). Shubert Theaters. ... Stmmons Co. . . Sinclair Con Ofl (2).. Sinclair Ol pf (8)..u Skelly O1l (2) .- Skelly Oil pf (8), ... Snider Packing. . ... Snider Packing pf... Solvay Am pf (5%).. Southern Cal Ed (2). Sou Dairfes (B)..... Southern Pacific (6). Southern Rwy (8)... Sparks Withing (1).. 14 Spear & Copf (7).... 108 Splege)-May-Stern 4 Stand Brands (1%).. 259 Stand G & E (3%)... 134 Stand G & E pf (4) 1 Stand G & El pt (6).. - o BourZuToannwen 10N 27 4 1 R4 114% 584 6 117% 18% 85. 17% 20% 100% 667 102% THE EVENING STAR, WASHINGTON, D. C., “NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. ~Prev.1930— High. Low. 15% 2 51 75 Bb% 106 98 49 29 84% 58 40% 30 20% 9% 48 36 47T 19% 113% 70% 4T% 26% 125 116 4 1% hd «70 50 9% 2 20% 124 7 2 17% 26% 17 6014 67% 14% 32% 110 26% 46% 187 17% 94% 214 89U 6% 13% 25% 28% 20% 9614 41% 31% | 2 138 | 19% 106% 60% 50 37 | 242% 200 T 824 381% 25% 9 4319 7% 56 58% 36 84 40% 814 5% 52 28% 53% 46% 11 e 19% 7 106 83 49% 31% 3% 22 147% 4% 505 @ 15% 20% 9% 82% 15% 103 400 139% 59 384 18% 6% 41 35 18% 63% 36% 36% 17% 198% 151% 1497% 141 68 59'% 9 2% 45% 30 T 1% 143% 49% 8% 4 34 22 106% 101 166 60 67% 28 3% 204 % 20m 54 21% 16% % 7% 58 80% 24% 11 0% 50 28% 4% 221 9% 105% 104% 3% 18% 17 a8 150% 36% 124% 126 20% 30 27% 364 1% 5% 3% 43 51% 67% 38 6% 38 w2 Divid Stand Of Stand Of Stand Of Sterling Stewart. Stone & Studeba Studeba Sun 01l % 16% 10% 501 4834 8% 13% 102 11 241 9 10% 83 12% 55% 2% % 19 1% 98 89% 30% 10 21 83 9% Telauto, Tenn Co Tex Gul Texas P Timken Timken Tobacco Transue Union O Un Tank 29% 56 1 25 45 33 21 Bl4 34 Utd Dye Utd Gas Utd Stor U S Dist U S Frel, 6% U S Pipe 64 29 91 98 U 8 Rub U S Smel 66 1% 19% 111 63% 36% 55% 69 31% 28% 45% 90 2% 13 3214 81 22% 75 50% 39 15% 13% 31% 4% 70% 92 100 37 874 95% 66 92 21 % 70 4% 87% 9 2% 7 20% 59% 36% 14% 1% 14% 25% 2084 110% 26% 85 4% 17% 114% 5715 6 1n7 8314 18% 85 16 19% 99% 6674 102% U S Stee! Vadasco Vanadiu v [§ Va El & Wabash Waldort Warner Warner Warren 7% 50% 39 Warren Wess Of ool vest Pel West Pes 92 West Pe 100 37 6415 92 21 ™ 70 4% bl 2% 614 20% 591 35% 144 91% 14% 24% 201 110% 26% 85 4% 17% 114% 561 6 W, Weston 81 ki 2% 12% 4T 324 150% 108 16% 5% Wrigley Youngs Young S 1% 1 3 17 82% 18% 85 16 19% 9T 6674 102% Dividend rates a: t in SFaid this 7 hen earned. Stock snd Stand Invest Corp. .. Stand O of Cal (2%). Stand Ofl of Kan (2) Sterl Sec ev pt (3). Submarine Boat. Superior Oil Superior Steel. Symington. Symington (. Texas Corp (3). Texas Pac Land Tr.. 228 The Fair pf (7).. Thermold Co. . Third Nat Inv (2). Thompson Starrett. . Tide Water As (60c) Tide Wat Oil (pf (5). Tob Prod (A) (80¢).. Transamerica (1). Tri-Cont Corp. Tri-Cont Corp pf (§) Trico Prod (2% ) Twin City R Tr (§4). Ulen & Co (1.60) Und-Ell- Union Bag & Paper. . Union Carbide (2.60) 24 Union Pacific (10)... Union Pacific pf (4). Utd Afreraft. ... Utd Biscuit (1 60). Utd Carbon (2) Utd Cigar Store: Utd Corp (50¢)...... 939 Utd Corp pf (3) Utd Electric Coal Utd Fruit (4).. Utd Piece Dye W (2) Utd Stores pf (2% U 8 & For Secur. U 8 Ind Alcobol (17) U 8 Realty (5).. U S Rubber. . U S Steel (7).... 1S Tobacco (4), Tniv Pipe & Rad." Util Pow & Lt A (e2) Car Chem §% pf. Vulean Det (4). Walworth Co (2).... Ward Baking (A)... Ward Baking (B) Ward Baking pf (7). War Bros cv pf Webster-Eisenlohr. . Western Dairy A (4). Western Union (8) Westing E & M (5).. West E & M pt (5) Westvaco Chlor (2 White Motors (2). Wh Rock M 8 (143%). Wileox Oil & Gas. Willys-Overland Wilson & Co. Wilson & Co pf Woolworth (2.40). Worthington Pump. . Worth Pump (A) (1) Yale & Towne (2). Yellow Truck. . Zenith Radlo. RIGHTS EXPIRE Mich Steel.. Sept 22 Sales of Stocks on Ne: | eash payments based on the latest quarterly or half yearly deelar: Unit of trading less th a2t el o s, 0, g ! © Payable in cash or k. stock. g Plus 6 per cent in stock. h Plu JPlus 8 per eent in stoc) Der cent in stock. n Plus § per 102% | preferred stock. r Subject to approval of stockholders. Sales— Add 00. High. Low. 4 6% 6 44 60% 59% 1 104% 104% 8 281 21% flof NJ (12) 390 69 67 1IN Y (1.60). 72 30% 30% Sec (A).. 1 10% 10% 39 39 25% 26 77 18 31% 30% Close. Close. 6 6% 60% 60% 104% 104 27% 30 67 68% 305 10% 39 25 % 31 . %1% 123 122 % 4 59 59 2% 2% 1% 3w 8 19% 1 end Rat 11 Exp pf (5). 30% 11 39 26 784 2 19 -Warner (2). Webster (4). 42 ker Corp (3). 35 ker Co pf (7) 108 (1) g C (11.35) p & Ch (1) £ Sulph (4) C&Oil.. 108 Det Ax (80c) Roller (3). Products. &W (1).. Fischer (5). il of Cal (32) 8 1 Car (1.60).. 16 wood . 2 4 143 2 6 13 9 5 & Im (1.20). es (A).. ributing. ght (3) 1 31 71 1 38 ber 1st pf. 6 1t & Ref (1). 5 . ..1482 5 1 &F (2). 1pf (7) 32 Sales Corp.. 1 m Stl (14) hem. . Pow pf (6).. Systm 8 808 3 1 340 30 17 .. 808 2 12 1& Snow (2). 15 nn EL pt (6).1008 nn El pf (7). 20s nn Pw pf (6) 80s 1 Bros Pict. Quinlan.. Bros (3) Fdy & P (2). 6 27% 101% 11214 110 351 38 22 18 385% 164% 38% 141% 1431 31% 38% 329, 4% 131 6% 38, 4612 63 113% 29 3 40 19% 381 105 L 181 39% 170% 3915 4 14T 145 34 40 34 4% 14 614 3% 47 65 1224 1024 T4 40 20% | 39% | 110 ™ tingh'se A B (2). El Instr (1) Browme ° I (Wm) (4) Spring (3) h & Tube(5) 38 % % York Exchange 0 Noon.......1.493,900 . 2,481700 above table sre the annual % L 371100 1 2.232.800 given in the rily extra. 3 per cent in stock in stoek. d Payable tPlus 10 per cent in 2 per cent in stock. k Plus '3 per cent in_stock. m Plus 1 cent in stock. p Plus 50 cents in CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, September 19.—The | following is a summary of important | corporation mnews prepared by the Standard Statistics Co., Inc, New York, for the Associated Press: News Trend. ‘The Bureau of Labor commodity price index for August showed no change from the level of the previous month. ‘This was due mainly to the advance in farm products prices caused by the drought conditions. With the exception of the increase in farm products, which amounted to about 2.1 per cent, and a small incrense in foods average practi- cally all other groups declined. The composite average for the month is the lowest since July, 1916. Corporation news is varied. The most important items are unfavorable divi- dend actions by Park & Tilford, Inc.; Dunhill-International and Southwes| Dairy Products, receivership action against city stores and increased divi- dend declaration by Diamond Shoe, The Companies. Arundel Co: ation earned $3.51 common share in eight months to Au- gust 31, against $2.93 year ago. Asbestos Corporation, Ltd., Protective Committee formed for first and refund- ing 6s bonds not in default, but believed advisable to have committee ready to consider any reorganization proposals. Associated Dyeing & Printing court authorizes receivers to sell four Pater- son plants. J. G. Brill Co. current bookings 10 to 15 per cent above year ago. Chrysler Corporation subsidiary, Dodge Brothers, added 210 dealers in July. City Stores recelvership action filed by four stockholders; request president to_be directed to account for acts officer of company. Colgate-Palmolive-Peet to issue 31 700 preferred shares in acquisition Kir man & Son. Cooper-Bessemer Corporation control of Chapman-Stein, subsidiary, trans- ferred to Surface Combustion, A. H. L. Doherty & Co., subsidiary. Dunhill-International reduces quar- terly dividend to 25 cents; paid $1 for- merly. Diamond 8hoe increases arterly dividend to 50 cents; paid 37)2 cents centimes. Five per cent loan, 102 francs 40 centimes. Exchange on London, 123 francs 68'% centimes. Pive per cent loan, 25 francs 45%, centimes. r;evtoully: operating 93 stores, includ- g two opened this week. Ford Motor reported Soviet has transferred large tractor order from are that third quarter earnings will exceed previous quarter. General American Tank Car recelves | order for 50 acid tank cars from Ten- | nessee Copper & Chemical. Hudson & Manhattan Rallway August surplus, after charges, off 26 per cent; eight months, 2 per cent below year 0. uuhi‘h Portland Cement Fordwick plant resumes full-time operations. Was on half time for over year. Middle West Utilities’ residential con- sumption electricity by subsidiaries’ | customers in first seven months 24 per cent above year ago. Missouri-Kansas Pipe Line sells half interest in all operating properties, ex- cept Indiana-Kentucky Natural Gas, to affiliate of Columbia Gas & Electric. | New England Gas & Electric Asso- clation sales electric appliances first seven months 125 per cent above year ago. Gas appliance sales advanced 69 per cent. Park & Tilford, Inc., passes 75 cents cash and 1 per cent stock dividend cur- rently due. Paramount Publix had 18,200 stock- holders September 5, largest on record, against 16486 June 6 and 13,731 March 7. Real Silk Hosiery Mills' president ex- pects second half profits to exceed first six months. August_sales up 20 per cent over last year. Have about 11,000 orders on books against 6,130 year ago. Selberling Rubber right to manufac- ture and sell Selberling tires in United Kingdom and Irish Free State granted Avon India Rubber, Ltd. Sinclair Consolidated Ofl reported to shortly enter ofl-producing fleld in Ger- many. Singer Manufacturing shipments first eight months 30 per cent below year ago. Southwest Dairy Products passes $1.75 quarterly preferred dividend due at this time. Texas Power & Light plans hydro- electric generating plant for Mountain Creek district; cost over $500,000 with transmission. | Ward Baking—G. B. Smith, formeri president, favors management change | proposed by Morros group. | Youngstown Sheet & Tube awarded contract for 25,000 tons 12-inch pipe by Sinclair Consolidated Ofl. Johns-Manville Corporation an- | nounce sales and advertising program involving immediate expenditure about $500,000. Brunswick Terminal & Rallway se- curities to co-operate With two con- cerns in purchase properties of Manganese & Iron at foreclosure sale; holds $1,500,000 bonds of later, which is in receivership. Canada Power & Paper reported Hearst interests are to acquire block of company's_stock. Freeport, Tex., had record domestic sulphur sales in first nine months. this com; to Vickers Co. of England. Fox fi'l‘:'lnl&nt states prospects - International Combustion Engineer- | poration. discussions with Foster-Wheeler Cor- Automatic Voting Machine obtains order for 310 voting machines from Delaware County, Pa. Kelly-Springfield Tire receivership suits, filed in Chancery Court and Fed- eral Court, both dismissed. United Founders had 85,546 stock- holders July 31. Western Union Telegraph July cp- erating income of 57 T cent, seven months 46 per cent, W Yyear ago. TRADE GAIN IS SEEN BY BUSINESS EXPERT Economist Tells Baltimore Mer- chants Prospects Are Good for This Winter. Special Dispatch to The Star. BALTIMORE, September 19.— An optimistic note on_the country’s busi- ness outlook this Winter was sounded by John C. Howell, consulting econom- | ist, at an address delivered yesterday at the September luncheon of the Bal more Association of Commerce. He said there was a favorable rise in prices in various markets recently and that the banks are all bulging with money and are prepared to put it into any safe enterprises. In discussing the recent perturbed state of business he traced it to the ‘World War when the United States, one of the five leading production countries, was left alone in the production field after the four others engaged in combat. Business here then entered into a state of overproduction, but now that the other nations are again engaged in competition we must adjust ourselves to a lower scale of production, he said. During the period of overproduction sales policies were subordinated to those of production, but now the producers must reverse this policy, he said. He concluded by advising all who have fat purses to loosen the strings, because there is no time better than the present for sound expenditure of money, FOREIGN EXCMANGES. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks value. 408 | were off fractionally. 23% | Potomao. Electric 515 % pfd. Heavy Offerings Follow Re- ports of Fascist Uprising. List Irregular. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, September 19.—The financial district today was filled with rumors of a Fascist uprising in Ger- many and German bonds, especially the recently issued 5'5s, were sold in large blocks. The 5158 sank to a new loa at an 8-point discount, or down 2!2 polnts from Thursday’s close. There seemed no definite basis for the rumors other than a selling wave in German bonds in Lohdon and the withdrawal of considerable French bal- ances from Germany. London opinion viewed the reports as much exaggerated. ‘Wall street blamed the selling of German 515 on disappointed holders of the bonds, including some members of the, offering syndicate who were not able to distribute their slices and were tired of holding the bonds at a loss, This interpretation of the situation was supported by the fact that the selling was mostly in the 5'%s, while the rep- arations 7s were off only fractionally. In the first hour over $250,000 of the 51,8 were offered at prices that dropped 3% point between sales. German Cen- tral Bank 6s were also sold in moder- ately large amounts, falling to a new low and down 1!, points on the day. Berlin 6%s lost a point. Cologne 615 were off & point at one time. Other German credits had narrower losses. The selling of Germans affected other foreign dollar bonds. French and Bel- gian issues were weak in dull trading Poland 7s lost nearly a point, Italian 7s Rome 6155 were off a fraction to a new low on the cur- rent movement. Most South American descriptions were inactive, with a de- clining trend. ‘The only group to stand out firm in the foreign list was the Japanese sec- tion. Both the Japanese 6!5s and the new 5'%s were steady with the an- nouncement that Japan would likely not need to renew the $50,000,000 credit established here and in London last year to stabilize the Japanese currency on _a gold basis. Domestic bonds generally held firm or made small gains. In the high grade group Baltimore & Ohio first 4s, Penn- sylvania 4%2s, Southern Pacific 4%, Chesapeake & Ohio 4%%s, Duquesne Light 4158 and Utilities Power & Light 5'2s were higher. Liberty fourth 44s were still in heavy demand, a little higher on the day, and within 1-32 of the peake price for 1930. Convertibles had a weak tone with stocks. American Telephone 4l5s were down 11; points. Second grade secur- ities of the carriers and semi-speculative industrials were dull. In the tractions, Interborough Refunding 5s were off a point. New bond issues $500,000 for the day. were less than Washington Stock Exchange SALES. Washington Gas 6s “ 1,000 at 103, $100 at 103, $100 at 103, $100 at 103, $100 at 103, $100 at 103, $100 at 103. 8915, Barber & Ross 6155—$1,000 at 89. Capital Traction Co.—10 at 60%, at 6034, 10 at 108%. Columbia National Bank—5 at 410, 10 at 410. Merchants' Transfer & Storage com.— 10 at 103. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. 4la8 Amer. Fel. & Telgn. 4138 Am. Tel. & Tel. ctl. tr. A & Pot. R, R. s .58 Asked 3352 S C. &P Capital Traction R. City & Suburban 55 Georgelown Gas 15t 58 Electric cons. & Elec. 65 1953 5 Alex. & Mt. Ver. cti Baltimore & Annap. 5 iNgLOn Gan 58........... . Gas 6, series A Gas 65, series B . Rwy. & Elec. 4s ¢ MISCELLANEOUS. Barber & Ross, Inc.. 6%s Chevy Chase Club 5ia D. C. Paper Mfc. 8s W. M. Coid Storage 55 Wash. Cons. Title 6. ... STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9). . Capital Traction Co. (4} Wash. Gas Light Co. (18) N. & W Steamboat (12) Pot. Elec. Power 6% pid Pot. Elec’ Power 5127 pid Wash. Rwy. & Elec. com’ (7)., Wash. Rwy. & EL pfd. (5).. NATIONAL BANK. 550 555008 0ns! 2R28-2222883238! w Wi 2 Capital (14)... ... Columbia (12) ... Commercial ~ (stampel) (i0) Distriot (8)...i... siacooners Federal-American (10) Liberty (78) Lincoln (12) Metropolitan Riggs (18) Second (9e). Washington (14 (185, i TRUST OOMPANY. American Sec. & Tr. Co. (15) Contingntal Trust (). Merchdnts' Bank & Trust (6) National Sav. & Trust (120).000 Prince Georges Bank & Trust... Union Trust (88)............... 3 Wash. Loan & Trust (14).. SAVINGS BANK. Bank of Bethesda (6§) Commerce & Savings (10) East Washington (12).... ... Potomac Savings Bank ' (10)." . Security Sav. & Com. (17) Seventh Street (12) United States (30) Washington Mechanics' (30) FIRE INSURANCE. American (12) A Gorcoran (10) Firemen's (8) ...’ National Union’ (18) TITLE INSURANCE. Columbla (6h) .. Real Estate (6h) % Title & lnv. Co. Md com. MISCELLANEOUS. Barber & Ross. Inc., com.. Chevy Chase ypfd. (). Col. Band & Gravel pfd. (7)..0! Col. Medical Bld; D. C. Paper Ml Dist. Natl. See. Emer. Bromo-Sel Federal Storage pid. Fed.-Am. Co. com (1.201). Fed.-Am. Co. pfd. (6) Lanston Monotype (8) Mer. Tr. & Stge. com. Mer. Tr. & Stge. pfd. Mergenthaler Linoty Natl . & Tnv. p Peoples Drug Stores pfd Real Est. M. & G, pfd. Security ‘Storage (4e) Ter. Ref. & Wh. Corp. The Caipel Corp. (1. W. Mech Mtge. com (8) Wash Med. Blds. Corp.. . '\ 5 Woodward & Lothrop ptd. (7). 107 *Ex_dividend. 82% extra. B Books closed. ¥212% extra. n2sc extra. 37 extra. 130c extra 4% ext 1% extra. 57 _ext dEx rights. wi—When issued. ella% extra. Unlisted Department. [ Asked. Army-Nayy Club i Cosmos Club_4%as ... Commercial Cl Metropolitan Club 4'as STOCKS. Anacostia_Bank. Chapin Backs ...... Chavin Sacks 1% i Ghapin Sacky 8% of onnecticut Ple Co Chr. Heurich Br' Dist. Title Ins. Co Franklin Natl.” Bank. Trust Co . a hington Savings Bank... . Washington Title Insurance Co. ing reported to have resumed merger | Sioc srmpEaseenizsce BERLSEEE 12 § 5 "Lankdon Savings Bk. 31 Eighty boys of St. Marlyebone, Eng- land, grammar school spent their Sum- " mer vacation in building thelr own hath- ing pool. 1 | AR ON NEW YORK Received by Pr Lib1st 448, Lib 4th 44s_ US3%s'43.. US3%s'47.. US4ys's2.. |GERMAN BONDS HIT| o somc_ BY REVOLT RUMOR| 101 102 103 102 FOREIGN. Bales. High. Argentine 58 °45. .. Argentine 54862, . Argentine May '§1. Argentine 6s Ju 59, Argenti Oc '59.{ Argentjne 6s A '57. Argentine 65 B '58.. Australia 4%s "56.. Australia 68 °55 Australia 58 ‘57 Austria 75 '43. Bk of Chile 6% 57 Bk of Chile 6% 61 Batav Pet 414s " Belgium 68 '55 Belgium 638 Belgium 78 " Belgium 7s '56 Belgium 8s "41. Bolivar 7s '58. Bolivia 7s ctfs'69 Bolivia 88 '45. . Bordeaux 6s '34 Brazil 6148 '26. Brazil 614827, Brazil Ts Brazil 85 41 Bremen 7s '35 Canada 55 '52. Chile 65 °60. Chile 65 °61. Chile 7= *42, Chin Gvt Ry 58 '51. «Colombia 65 Jan '61 Copenhag 5s '62 Czecho 85 '51. Dan Mun 8s A *46 Dan Mun 85 B '46 Denmark 4%s°62. . Denmark 5% 'G5 Denmark 6s '42 Dutch East I 6s Fl Salvador 8548, . Fram 1D Tl%s’42.. French 7s " French Gvt T%s '41 Gelsenkir Min 6s ‘34 German 58 '65. German Bank 6; German 615 '50. T BNnRoR wnanSaBo BRma 1 z 7 17 13 13 o o 19 15 ..181 27 5 German 7s rep '49. 118 Ger Gen El Ts 45 Greek 65 '63 Haitl 65 '52. Italy 7s°51. Japanese 5148 65 Japanese 6148 '54. . Karstddt 6s "4 Kreug & Toll 58 '59. Lyons 6s'34. Marseille 65 °34.... Mex 4s asstd 1910. . Milan 6% s°52. . Netherlands 672, New So Wales'57.. New So Wales ‘8., Norway 6s *44. Norway 6s 52..... Orlent dev 535 '58. Orfent dev 65 '63... Paris-Ly M 6s°58., Paris-Ly M 7s'58.. Peru 65 '60. Peru 6561 Poland 78 *47. . Poland 8s '50. . Porto Al Washington Rwy. & Elec. 45—$500 at | Prague 7 Queenland 6s'47... Rhinelbe 7s '46 ww. Rhine West 63 '52. Rhine West 6s " Rhine West Rio de Tan 6 Rio de Jan 85 "4 R Gr De Sul 6s'68. . R Gr De Sul$s "46. . Rome 6148°52..... Roy D 4s'45 ww.... Sao Paulo 8536, Sao Paulo 85 '50. Serbx-Cr-S1 8 '62 Soissons s '36. edem 516854 Toho El Pow Tokio 5s '52 Tokio 5%s'61. Utd King 5% 837, . Uruguay 65 '60. Uruguay 8s '46. Warsaw 7s 58, . Yokohama 6s 31 9 » S8raaSannBiven ane~n 8914 20 9714 9% 9714 9814 9% 8% 88 87% FRIDAY, SEPTEMBER 19, 1930. BONDS o sseaves] |INVESTORS WARNEL FINANCIAL., ivate Wire Direct to The Star Office UNITED STATES. (Sales are in $1,000.) Sales. High. Low. 9 101 11027 35 1037 1 10120 50 1021 51 11224 11222 11224 101 7 102 5 1 7 1035 101 20 101 20 1021 Low. Close. 891 90 891 9Th 965 971 981% 96% 8% 87% 8T 104% 8414 965 5 105% 105% 106% 1008 811 92% 106 L 104% 9814 MISCELLANEOUS. Abitib! P & P 58’53 Ab & St 5843 Adams Exp 4 Ajax Rubber 8s Allegheny 55 '44. Alleghany 5549, .. Am Ag Ch T%s "1, Am Chain 6s°33. Am Cot O db 5s '31 Am F P55 2030. . AmIGChBblu'49, Am Int Cor 5% *43 Am Metal 535 '34. . Am S&R 15t 58 "47. . Am Sug Ref 6s°37. . 4 3 6 1 19 32 Am T&T cv 424839, 39 Am T&T 55 '65. Am T&T e tr 53 *46. Am T&T 588160, Am T&T 535 ‘4. Am W Wks 5834 Arm & Co 414339 Arm Del 514843, .. At Gulf 598 " At Ref deb 5837, Bell Tel Pa 58 B '48. Bell Tel Pa 55 C '60. Beth St pm 58 '36. . Beth St rf 55'42..., Bush T Bldg 65 "60. Cert-td deb 548 *48 Chlle Cop db 58 Col G&E §s May ‘62 Com Invest 51849 Com Invest 6s ‘48 C C Md 1st rf §s '50. ConG N Y 538 "5, Consum Pow bs 52. C Am Sug col 8531, Denver Gas 55 °51.. De Edison 5s40. ..., Det Ed rf 65 B '40. . Dodge Br eol 40 Duquesne 43s '67. . East C Sug 71%s'37. Gen Motors 6s°37. ., Gen Thea Eq 6: Good 1st 638 3 Goody'r Rub 58 57, Hum O&R 5% 62, MBTistpf5sA.. 111 Steel 436540, Inland Steel 414578 Int Cement 58 '48. Int Hydro EI 6s "44. Int Match §s ‘47 In M M col tr 68 Int Pap 68 55 IntT&T ¢%s . Int T&T cv 438 ‘39 Int T & T s '55. Kan C P&L 58 A 52 Kan Gas&E 435 '80 Lackaw St 58 50. .. Laclede 55 D '60. . Lautaro Nit 6s ‘64.. Lig & Myers 68 '51. Loew’s 6s war "41 Loew's 63 ex war Lorillard 6s ‘5 Lorillard 5%s ‘37 Lorillard 78 ‘44. Man S 1st 7% McCormack Mid St & O 68 Mont P db 58 A 62, Mor & Co 15t 438, . 43 Nat Dairy 63, 8°48. . 10! N Y Tel 4%s '39. N Y Tel 6341 ¢ Nor Am Ed 5%s '63 NorOT& L 6s'47. PacG & El 6542, ., Pac T&T 1st bs '37 Pac T&T ref bs '5: Paramount s '47 Pathe Exch 78 '37.., . 2 12 . 15 3 5 30 49 7 18 10 7 1 5 6 6 5 5 7 2 8 2 1 5 9 1 7 2 2 3 6 10 2 3 1 873 101% 91 45% 997 993 104% 1021 1008 898 107% 100 7Y% 103% 10315 160 1071 105% 10734 1087 101% 93% B2 74k 103 107% 1111 102% 104 104% 45% 96% 1083% 97 100% 4T% 106% 105% 961 101% 104% 107% 4% 108 LI 104 9454 1061 9215 102% 105% 101% 98% 101% 101 101% 101% B4k 898, 106% 96% 105% 95% 104 104 7% 105% 120 100% 9% 96% 111% 45 102% 102% 103% 85% 100% 102% 1074 104% 107% 103% 104 106% 1008, 56 56 95 97 56 ‘B&O4s"48. Sales. High. 1.ow. Close. . 3105 105 105 1021 102 102% 100 99% 99% 9% 91 97 83% 8314 83K 93 91% 98 894 894 89N 102% 1024 102% 102% 102% 102% 1005 100% 100% 100 99% 99% 8% 87 87 108% 1031 103% 104% 1048 104% 1023 1024 1024 102% 102% 10 967 96% 91 99 99 99 104% 104% 104% 106 105% 106 104% 104 104 100 99% 99% 102 102 10 107% 107% 10 103 102% 102% 1097 1097% 109% | 100% 100 100 83 83 83 102 102 102 9% 90% 91% 41% 40 40 8915 89 89K 104% 104% 104% 105 104% 105 105 105 105 109% 109% 10! 104% 1041% 104% 101% 101% 101% Phila Co 53 '67. Phila & Read 6349 Phil Pet 5% s°39. ., Por RT am 6s°42.. Pos Tel & C 58 '53. . Pressed St C Pure Ol 5%s ‘37 Rem R'd 5%s A *47, Richfi'd O cal 65 "44. Sinel O 6%s B*38.. Sincl O Tsev A '37.. Sinel Cr O 5%s '38 Sinclair P L 5842 Skelly Ol 53539 Solvay Am s '42 Sou Bell T&T 58 '41 SW Bell T 53 A "54. StOII N Jbs'46.... StOIIN Y 4%s'51 Tenn Cop 63 B "44. . Tenn ki P 63 A *47.. 87 Tex Corp cv 5s *44. 137 Trans Oil 6%s'38.. 1 Utd Drug cv 65 '53.. 26 U S Rublst 6s'47.. 15 Utah P& L6s'44... 3 Utll Pow 5%s'47... 11 Vert Sug 1st 7s'42. 4 Warn Br Pic 6s'39. 33 Warner Sug 7s’41. 2 West El deb 5s’44.. 12 West Un Tel 5851, 5 West Un T 6%s°36, 4 WEOG%s'3T ww. 1 Wil-Ov 18t 615533, 1 Wil & Co 1st 65°41. 21 101% 101% 101% YouSt&Tb6s'78... 9 104% 104% 104% RAILROAD. Ann Arbor 4s ' 1 85% 85% Atchison 4s'55..... 3 93% Atchison gen 4s°95. 16 97% Atchison cv 43,8748 8 130 Atch Ariz 415 62. At C L 1st 48 '52 AtCL4%s"64.. 18 & 2 1 2 6 12 6 { 85% 938 97 127 2 102% 102% 102% 2 96u 96 96 8 101% 101% 101% 1 961 9614 96'% 68 1016 101 101% 38 101% 101 101 3 107% 107 107% 7 110% 110% 110% 5 96% 96% 96 22 105 104% 104% 5 89% 89l 8914 25 9215 9215 921 57 103 102 103 54 104 103 103% 2 B5% R5% 8H% 41 100% 100% 100% 16 104% 10415 10415 3 98 93 93 1101 101 101 3100 100 100 12 99% 991 99% 8 99% 99% 99% 17106 105% 106 11 105% 105% 105% 3 106% 105% 105% 1 100% 300% 100% 3 1181 1184 118% 13 112% 112% 112% 10 89% 89 89 12 99 98% 98% 3 104 10315 104 27 102 102 102 51 96% 96 9674 24 105% 105% 1057 6 101 100% 101 ! 4 9 104% 104 104% C & O con 55 '39 1 1044 1043 104 CB&Qgen4s’s8., 23 97 96% CB&Q1strf5s'71. 1 108% 108% 108% CB&QI1dv3is'4d 2 90% 90% 90% Ch & East I11 65 '51. 16 71 70% 70% ChGr West 4s°59.. 37 741 74% 7T4% ChM&StP4s 89.. 11 87 86% 86% Ch M&StP 4% s B 5 97% 96% 974 Ch M&StP 4% s 25 100% 100': 100% ChMStP&P5s 75110 88%s 88 88 ChM&StPadjbs. 42 54 53 53 Ch&NW 4%s2037. 1 99% 99% 99% Ch & NW con 4%s.. 40 100% 1004 100% Ch Rwys§s'27..... 2 804 T79% 79% ChRI&Pgn4s'88 2 93% 93% 93% ChRI&Prf4s’'ss. 19 994 99 ChRIcv4i%s'60 1 99% 99%, % ChRI&P4%SA.. T 9T% 97T 97% Chi T H ine 63 '60 5 86% 864 86% Ch Un Sta 5s B'63.. 1 105% 105% 105% Ch Un Sta 5s 44 6 105% 105% 105% C& W Ind ey 5 92 92%, 92% C& W linds 15 165% 1053 105% 12 101% 101 101% 2 107% 10715 107% 2 109% 109% 109% 2 9% 99y 99y 4 7 69% 6915 1 50% 508% 508 Del & Hudrfds'43. 2 96% 964 96 Del & Hud §%s " 10 105 105 1:5“ D&RGrenss’'36.. 12 97 97 97 Den& RG W6s'55. 31 96 96 96 DRG&Wstbs'78. 7 9215 92 92 E Tenn Va&Ga 5s Erie 1st con 45'96.. 15 90 Erie gen 4. 1 84u ;Cr:c 551967, 26 95k “rie 58 1975. . 36 941 94 % Erie Pa clt tr ds 51, 1101 101% l:: 3 FlaECoast5s'74.. 1 45% 45% 45% GrTrafdb6s'36.. 7 106% 106% 106% Gr Nor 41876 (D) 3 100 100 ¢ :m» * ((Er Nor 4%s'77 (E) 15 100 99% 100 3r Nergen7s'86... 7 112 111% 1114 Gulf Mobil 50.. 2 100% 100% 100% HavEIRy 6%s'51. 1 47 47 47 Hud & M adj6s’57. 53 85 8415 &5 Hud & Mrf 5 6 101% 100% 101% IlCent4s’s3.. .. 30 90% 90 80 111 Cent ref 4 28 93m 03w 93w Il Cent 4% °66.... 11 101% 10115 101% I CCStL&N 435 3 99 99 99 Int Rap Tr5s'66... B9 73% 728 173 Int Rap Trsta'66.. 94 73% 73 73% IntRapTr7s 32... 38 041 94 041 Int&GrNor5s'86. 3 97% 7% 971 Int & Gr Nor 6s 2 1087 '103% 1037 Int & G Nad 6s'52. 27 884 88 Int Rys C A 6s°41 ] Int Ry CA 6154 Kan City Sou 55°50. 16 103% 103% 103% Lake Shore 43°31.. 2 100% 100% 10014 Leh V 03. 67 B2 9215 92y, Long sl rf 4 6 96 95% 95% Long Is1db5s°37.. 1 101% 1011 101% L&Nistrf5%s... 11 106 105% 105% MSIP&SSMSsgtd. 7 99 98% 98y MStPESSM6%s.. 10 84 R4 "84 M StP&SSM 63 3 101% 101% 101% ME&T Ist4s'90.. 22 90% 9013 905 MK & T adj 55°67.. 39 100% 100ts 10016 MK&TprinssA. 12 1041 10414 1043 Mo Pacgen4s'75.. 22 8I% 8% 8174 Mo Pacific 65 F*77.. 19 102% 102 = 1021 Mo Pacific 55 G 78. 17 10215 102 102 Mo Pacific 5s H'80. 1102~ 102 102 Mo Pac5iiscv49.. 5 108% 108 1081 Mob & Oh 414877 3 95% 958 955 Mont Tr 1st 68°41.. 1 100% 1004 1001 Nassau Elec 48'51.. 11 56% 56% tRy M4%4s’67.. 10 815 62"‘: 5:': &M5sA'35. 8100 100 100 &MB5sB'54. 17 100% 100 100% A &MB%s54. 5 103% 103% 108% gn3%s°97... 27 85% 85 85y ‘en 4398 4 95 95 95 “ent db 4s°34.. 14 100% 100% 100% reim 55 2013. 14 108% 1081 1081, 1074 107% 1074 &StL 4% 15 98 97% “98‘ zs;lli‘(:;au’:a. z 108 10R 108 s + 1024 102! 2 & St L 6s'32. ¢ 102 108 22 102% 102% 102% NY NH&H 41%s '67. N 9 96% 964 961 NY NH&Hcvab6s., 1128 123 123 NY NH & Helt 6s.. 10 106% 106 106 ) 1 60% 60% 60% .. BT 928 92 g2 Nor Pacific 35 2047. 3 694 691 691 Nor Pacific4s'97... 1 95 95 95 Nor Pac 4158 2047, 19 101% 101% 101% Nor Pacr16s2047. 15 114 118% 113% Ore Short L 5s gtd. 4 107% 107% 107% Oreg-Wasn 45°61.. 2 941 94% 943 Penncv 4%5°60... 1 104% 104% 104% Penn gen 43%5°65.. 13 102% 102% 102% Penn 4% s 6. 1 102% 102% 102% Penn 4138 '70 . B4 98 9815 981 Penn gen 55 '68 2 111% 111% 111% Penna 6364 7105 104% 104% Penn 6%s'36 4110 110 110% Pere M 1st 45 2 93% 93% 93% Pere Mar 4% 10 101% 101% 101% PCC&StL8sB.. 3111 110% 110% P& W V4%sC'60. 29 96 95% 96 Port Elec 65’47, 1105 105 105 Port Ry hs"42...... 1 105% 105% 105% Port Ry L&P 6s°47. 3 105 105 105 Por R L&P T343'46 2 109% 109% 109% Read gen 4145 A'97 5 101% 101% 101% RioGr Welt4s'49. 9 90 89% 90 RIAr&L4%s'34. 5 1005 100% 100% StLIrM'ntss‘31.. 7 101 100% 101 Swn dv 58 '50 O Toledo 4s '50, Ban & Aroos 4s 51, Bos & Me bs 1955. Bos & Me b8 67, Bkiyn Elev 63%s. ... BKlyn Man 6s '68 . Bklyn Un El 58 '50. kiyn Un 1st bs '50. ush Ter con 5s 55, Can Nat 4348 '54 Can Nat 438 "7 “an Nat 43 Can Nat 4%s'70. Can Nat 55 July ‘69, Can Nat 53 Oct '69. . Can Nor 41835, Can Nor 6%s db '46. Can Nor 7s deb '40., Can Pacific db Can Pacific 4% s '60 Can Pacific 5s '54. .. Cent of Ga 58 C'59. Cent Pacific 45 '43. . Cent Pacific 55 60. ., Ches Corp 55 '47 Ch&Ogn 4%s'92 Clev Term 51572, Colo Sou 4148 ‘30, Cuba R R 58 '52 Cuba Nor 5%s. 90 90 841 84y 95 95 7 P z zz 00gQaHHs 2 a Ed a aQ %2222 M O R O ) c [~} zz NY'W&B 4%s '80. . S1LIM R&G 48'33. 4 99% 99% 991 StL&SFIn 11 91% 1% 91N StL&SF4%s'78. 22 034 93w 03y S&L&SKF gen 5831, 3 101 101 101 StLSWev4s'dd.e 5 99% 99N 99% g, 96% | 1 106% 106% 1067% | AGAINST SWINDLES lllinois Chamber of Com merce Prepares Booklet for Public. BY WALTER BROWN. Written for the Associated Press. CHICAGO, September 19.—The Illi. nols Chamber of Commerce, through an investment education campaign hopes to save a few of the hundreds o millions of dollars that annually ar( wasted on fraudulent_securities in_tht United States. The chamber fixes tha waste at betweéen $500,000,000 and $I, 000,000,000 each year. The effort to advise prospective “ar¢ actual investors commences with a book- let warning against high-powered swin- dles and also unwise investments. lic addresses by members of the chafi- ber and visiting authorities will supple ment the booklet. Investment Principles. . The brochure will be distributed fx high school and university studé employes of large corporations, inves: ment houses and civic organizations Its purpose is declared in this language “The aim of the booklet is to give tht investor a few outstanding principie: which will enable him to pass bette; judgment on prospective investments.” The finance committee of the cham. ber, of which Harvey T. Hill, executivi secretary of the Chicago Stock Ex change, is chairman, prepared _th( manual. It is believed that the bool not only will be a guide to people witk money to invest, but that it will stimu. late investments by quieting a feal among investors that has existed witk diminishiing effect since the markel crash last October. Security investment only recently wa included in_the agenda of the Iilinol Chamber. That activity, however, wil have an important part in the organiza tion's convention, October 9 and 10. “Dont’s” Are Listed. “Beware of tips,” is the loudest not of warning in the booklet and come first in the listed “dont’s.” Others are: “Select a reputable broker or invest ment banker. “Consider the marketability of th security. “Diversify investments. “Consider the management of tht business. “Limit commitment in promotiona enterprises. 3 “Do not_overbiiy. ‘Do not keep an unsound security. “Give persistent thought to the finan cial program.” i Baltimore Markets | | Bpecial Dispatch to The Star. BALTIMORE, Md., September 19— Potatoes, white, 100 pounds, 1.75a2.10 barrel, 1.90a3.25; sweet potatoes, barrel 3.25a3.75; beans, hamper, 50a1.25; beets 100, 2.00a5.00; cabbage, ton, 12.00a18.00 carrots, 100, 2.0024.00; caulifiower, crate 1.25a2.00; cel-ry, crate, 1.25a1.75; corn dozen, 20240; cucumbers, hamper, 401 160; eggplants, hamper, 40a90; lettuce crate, 2.50a4.50; peppers, hamper, 25{ 40; squash, hamper, 50a75; tomatoes hamper, 40a1.00; packing stock, bushel 130a60; ‘apples, bushel, 50a1.75; canta: loupes, hamper, 25a1.00; grapes, hamper 35a60; peaches, bushel, 1.50a4.00; pears bushel, 90a1.60; watermelons, 100 10.00240.00. Dairy Market. Poultry, alive—Chickens, Springers. und, 20a27; Leghorns, 15a23; ol¢ 20a27; Leghorns, 15a18; roosters ducks, -13a18; guinea fowl, each 50a65. Eggs—Receipts, 814. cases; nearby firsts, 30; hennery, white, firsts, 3 Southern, firsts, 28; current receipts, 2 Butter—Good to fancy creamery pound, 36a42: ladles, 28a30; rolls, 27¢ 28; process, 33a35; store packed, 24a25 4 Live Stock Market. Cattle—Receipts, 2,600 head; supply; market lower on steers. Steers—Choice to prime, none; good to_choice, 8.25 to 9.00; medium to good 6.50 to 7.75; fair to medium, 5.50 t% 6.50; plain to fair, 5.00 to 5.50; common to_plain, 4.50 to 5.00. Bulls—Choice to prime, none; good t¢ choice, 5.75 to 6.00; medium to good 550 to 5.75; fair to medium, 5.00 t¢ 5.50; plain to fair, 4.50 to 5.00; commor to plain, 4.0 to 4.50. Cows—Choice to prime, none; good te choic& 5.00 to 5.50; medium to good 4.50 to 5.00; fair to medium, 3.50 't 4.50; plain to fair, 2.50 to 3.50; common to_plain, 2.00 to 2.50. Heifers—Choice to prime, none; good to choice, 6.00 to 7.00; medium to good 550 to 6.00; fair to medium, 500 tc 5.50; plain to fair, 4.50 to 5.00; common to plain, 4.00 to 4.50. m};t")esh cows and Springers, 30.00 tc Sheep and lambs—Receipts, 800 head; light supply: market lower. Sheep, 1.00 to 3.50; Jambs, 4.50 to 9.00. Hogs—Receipts, 1,000 head; light sup- ply; market lower. Lights, 10.50 to 11.10; heavies, 10.25 to 11.35: medium, 10.75 to 11.40; roughs, 7.25 to 9.25: ligh! pigs, 8.00 to 9.25; pigs. 9.50 to 10.00. Calves—Receipts, 250 head; light ;lzlpD%ly: market steady. Calves, 5.00 to 14al goot Hay and Grain. Wheat—No. 2 red Winter, export, 87%: No. 2 Winter garlicky, spot, 847 September, 8474; October, 85%. Corn—No. 2 domestic, yellow, new, 1.11a1.12. Cob corn. 5.2585.50. Rye—Nearby, 65a70. Oats—White, No. 2, new, 48ad8%; No. 3, 4724714 Hay—Receipts, 24 tons. General hay market strengthening. Drought hag seriously curtailed nearby crops, chany | ing the entire situation. Sections here- tofore shipping are now asking for of. fers of hay. Good clover mixed and timothy new hay will bring from 24.0¢ to 28.00 per ton. Wheat straw, No. 10.00; oat straw, No. 10.00. . per ton, 980s . per ton, 9.00a CHICAGO DAIRY MARKET. CHICAGO. September 19 (/P).—But- ter — Recelpts, 8224 tubs; _steady. Creamery, extras, 38'%; standards, 381%; extra firsts, 37a371%; firsts, 3415a3515; seconds, 33a34. Eggs—Receipts, 5414 cases: Extra firsts, 2613: fresh graded firsts fresh current receipts, - 23a24; ordinary current receipts, 18a21 steady. Sales. Hign Close. StP&KCSL4%s. 8 99 Seab ALrf4s'49.. Seab A Licv 65 '45. . Seab AILFL6s A '35, Sou Pac ref 45 '55. . Sou Pac 414868 . .. Sou P 4%s 69 ww.. Sou P & Or 4%s'77. Sou Rwy gen 45 '56. Sou Rwy bs ‘94 Sou Rwy 68 '56. Tex & P 1st 53 2000, Tex & Pac 5s B '17. Tex & Pac 58 C*19.. Third Ave ref 4s ‘60 Third Av adj 6s '60. Un Pac 1st 43 °47... Union Pac 45 68. Un Pac ref 48 2008, UnPac4%s'6 Un Pistrf bs Va Ry & Pow 63 '34 Va Ry 1stbs'62. ... VaS W evbsss, Wahash 4148 ‘18, Wabash 6s B 76 West Md 45'52. .. .. -6 . 15 West Md 53 99 t Sh 1st45 2361 8 . 93 Low 9915 39 46 40 96 99% 1004 1008 90% 110% 115% 111 10314 103% 531 34 98% 928 95% 100% 111% 102 1083 89% 243 1017 88 102 98% 2% 10 27 4