Evening Star Newspaper, September 30, 1930, Page 14

’ R -30, 1930. FINANCIAL. FREE TRADE TEST |~ NEW YORK STOCK EXCHANGE | BONDS ARE LOWER | Covov vow BONDSwoecsxcuana] ), . STORE SALES ISDUEINBRITAIN oo e s | ONHEAVY SELUNG) esmsemses oo, | DECLINE IN AUGUSI ~Prev.1930— Stock and Bales— Prev. 28% Prairie Ol & Gas (2) 10 LouG&Ei$s‘53... 1 108% 1 - Bt g Dividend Rate. Af 6 High. Low. Close. Ciy: 36 Prairie PipeL (16).. 6 8 Lib3%s..... 106 1017 1016 1016 Ilccormell-:u.. 5 102 mm 1 61% Intl Pap & P pf (7) 7 657 66 b1 62 ed Liblst4ls.. 94 10211 agai i I . 1:;u ‘3;“ o 24 Intl Printg Ink (2 2 50 : B 111 10316 London Conference Is Ex- 75 Int Print Ink ot (6).. 304 8205 75 Market Reflects Decline in|%% 3! e e 106 104 104 | Federal Reserve Board Re K % 59% IntRysCen A Df (5). 608 59% i 5 % Stocks—Forei R 110210 10810 10210 ‘| Ment®abkaANi. & 100K 1044 1064 ort Sh D f 36 Intl Salt (3). 22 36 28 Prod & Refiners pf. e - 46 108 30 or pected to Decide on Future {:m :"l|5_;\ot&l!1} 1 8 58 53 5 3 81% Pub Sv N J (3.40) 00Kks oreigners Re 57 1135 1132 1132 Nat Dairy 53 8" 101% 100% 101% p bt i . . 3 ntl Tel el (2) 3 Y 91% Pub Sv N J pf (5) 1 3 2 2 Nat Rad $%s " 3 20% 204 20% Economic Policy. 18 Inter Dept Strs (2) 3 | 115% 106% PubSv N J pf (8)... ported Liquidating. FOREIGN. NEngTist6s'52.. 1 1094 109% 109% Four Per Cent. Tnvesiors Eaity 5 "o "G Puliman Corp (4) e Argentimesaeas. T S0 967 90 (NYEARaB s . 11 108w 108 108 BY JOHN F. SINCLAIR. U SR o s o L A, BY F. H. RICHARDSON. i 102% 1024 1024 ent store sales in Wi 43 Jewel Tea (14) 4 4| 27% 16% Pure Ol (1%) . 5 B 107% 107 107 | fon in August were 4 per cent loy @pecial Dispatch to The Star. 70 Jahnx-M-n\'mn- 3) - - - 114% 109% Pure Oil pf (8) Special Dispatch to The Star. 111% 111 111 than in August, 1929, M‘n‘ w NEW YORK, September 30.—While 1 Jordan Motor Car 887 52 Purity Bakerles (4). % 56 NEW YORK, September 30.—With | Argentine s Oc 69. 3 10414 104% 104% | monthly ‘report’ made public. tods Americans are watching Cleveland these 58% Kans City Sou (5)... 60% 6 & 9% 27% RadloCorp ....... very few exceptions—and these all in | THC NS 8D p 3 7 104 103% 104 | the Federal Reserve Board. days to learn what decision the Ameri- 65 Kans City Sou pf (4) 648 i 53 RadiopfA (3%). 1 B 55 the high-grade group—bonds Wwere| Australia 4 4 107 106% 106% Deptmnme nwre sales in the Ric] can Bankers' Association will reach 8% Karstadt (R) (1.03). =51 BEe% EC8% 5 55 Radio Corp (B) (b). lower today, under & continued heavy . 8108% 108 103 |mond Federal Reserve district wers sbout branch and chain banking, other 16% Kaufmann DS (1%) 2 18 18 il 8 19 Radio-Keith-Orph A. % 4 Australia 6s 57 5 1074 107 107 |Per cent smaller for August than millions of people will scan the news to vser Julius (2%). -~ 8 21% 20% 20% 70 RR Sec ICstk C (4). % [ volume of liquidation. In part this| Uit A0t 1 108% 103% 108 | the eorru&mdlnl month a year see what the British imperial conference, Keith-Alb-Or pf (7). . 2 100% 100 100 1051} 33% Rand Mines (3.04).. was attributable to forced selling, as a 7 Paramount 100 | 80 that gton made & which convenes in London under the 1% Kelly-Spring Tire... 19 2% 2% 2% % 22% Raybestos Man 2.60. sequel to the margin calling after Mon- | Bk of Chile 614 s 87 Pathe Exch 7 50 lhowln; than the average for leadership of Ramsay MacDonald, will 20% Kelly-Spring 8% pf. 204 20 21 98Y% Reading Rwy (4). day's decline in stocks, and in part it g““’“},’"t"‘"“,‘ 61 108 decide to do. 22 Kelsey Hayes (2)... 23y 204 23% 47% Reading 2d pf (2) reflected the nervousness evinced by [ palay Tet 43s 43 102% Washington _made R. B. mm}w%-n;s:a;r;n; n;::; 5;‘& ::'elvdlr(ljlmr(C?;q( 55 101 ,‘;2:’ e s lm:[n investors during the past two l.Belg,u’,: s:/,.-ié 4 98 9714 :&:e'r.ih%:gcmt:m most of m;m , _Wwho, <en 'o pf ( 37).. 63 3 3 * ~ . 3 1 Y e e i S R 2814 Kennecott Copper(2) 241 815 274 57% oRl4| 100% 92 Rem-Rand 1st pt (7) "Money rates ceased fo_affect the | ECIEIuM 78755, the reports were received. In A will be there for the first time. His 9 48Y% Kimberly-Clark (t3) 6 49 9 48% % 8% Reo Motor Car (80c). market. ‘Time money was in overabun- R‘llE:“"‘ s" . . Pressed St C b8 '33 .. this year there were 26 trading problem is primarily to find how Canada 20 Kinney (GR) (1).... 1 21% 2 2414 26 Republic Steel 3 dant supply and could not be loaned at B°1;,“"‘7 ',S;L . Rem R'd 6% 8 A " as compared with 27 days in Auy can keep from drowning herself in 76% Kinney (GR) pf (8). 140s 5 95% 75% Republic Steel pf (6) the prevailing 2 to 2% per cent for 90 | Boiivia 79 cete Rishfi'd O cal ) s 1929, and the daily average sales wheat. In the place of Premier Bruce 1% Kolster Radlo. .. .. Ly 2 2 : 12 Revere Copper,& Br. days. Volume was well over the $13,- sz“\in sug‘tss 69.. S,MIO',‘.B.,. 103% 103% the whole country were 8 per of Australia, who seven years ago sub-| 3 261 Kresge (SS) Co1.60. 15 2 6% 2714 18% Reynolds Metals (2) 18% | 000,000 mark for the day. S Sincl O 7s v A '37.. 43 104% 104% smalle mitted his British Empire tariff plan to 50 Kress (SH) Co (pl). 5414 ¢ 2 Reynolds Spring.... ‘ There was a large accumulation of | measiioms ’-2, i | Sincl Cr O 6345 °38." 35 1024 102 In leading the other 11 Federal the conference, will be J. H. Scullin, who 23% Kreug & Toll (1.60). ¢ 25 Reynolds Tob B (3). selling orders at the opening and the | Rr:zn fi,,‘: 21 | Sinclalr P L 58 '42. 102% 102% serve districts in sales pen:enm 1s trying to balance his national budg’et % 21 Krog Gr& Bak (n1). 3 2 28% 10% :E:Chrgem‘?”o(fif) 3 Y x whole list lost ground, led by the ac- 2 5 s“", ol 53 96% 96 9 Rlcl:motnd district scored onl{' George g ;n;bes,zthf fg!twl'filhzg; 76'% LambertCo (8)..... 13 85% &5 5% 857 83,: oot s ol 6 q tive German government 5',s and the " Solvay Am bs '42 99% 99% ber g:nul’ ;.’;:;::,' '-lél‘: the New Y the place of ex-Premier Coates 1!‘9;: ]lie;xmt:b!?“z‘::‘n{e(n 4 20 19% 20 1 21 Rossia Insur (2. “”)' 5 28 "s: 011 md! Gem‘? {Memm%:' i bl & gyofi‘r‘i‘f&“"‘ }gfiv. {gg% *loft 17 P: cent, St. Louls 1'.;1:: ce e ehig. ort Cm! % ¥ i and corporate issues. e 28 s The culy two premises Wi have at- maw 103% Len Fort Cem pt (1) 3 102 3 1033 R e W Cropped 5o within s shade of their Jow i et StOINY 4% 100% 100% 100% | While 1‘2'“ Cioet LR B 3 % Y 3 poin ount. -1 v N ‘enn 8 A 4T, 107% 4 107% ference, and J. B. M. Hertzog of South 667 Lehman Corp (3). 77 33% StJoseph Lead ( 3 man bonds held steady after the initial | Gpomeo vt BY 5351, Tex Corp ov 68744, 153 102 1018 Jo19¢| - son. Interesting Comparisons, Africa, who still stoutly insists upon 2214 Lehn & Fink (8 ; ; - stiana 68 '54. . . % ng the intierent: Tight to stcede from the k: X ehn nk (3).... 2: 24 St L-San Fran (8)... 25 declines upon the anpouncement of Colombia 6s Jan '61 Trans Oil 6%s 109% 109% 109% British Empire whenever his country 5o s DSl R 0 LT | Chancellor Bruening that the niew 0= | Con Tow Japan Ts. - Utd Drug ev 100% 100% T gy g Gy . - = A . . - 8 outhw erment will propose a drastic reduction | ¢, e . 3 desires. 20 Lima Locomotiv 2 2 Savage Arms (2).... 1 of expenditures along the lines pre- cS,‘?ZI.‘L‘i‘? g.‘q;zfil- 8 ; U S Rublst lt!m 824 Philadelphia, Minneapolis and Free Trade or Protection. 4 ""‘ st At o 10 | 131 4% Schulte Retail Strs.. 16 viously advised by S. Parker Gilbert. | Czecho 88 51 b . ggw L Pfl{lcm districts reported & m Free trade or protection within the ' R il S AR o - LN j“h:"";“""i"‘ (8) 308 However, this did not cause any gen- ! Czecho 9s *5: Vert Sug 18t s .fl" 40" 7 & oent s s{“{e mb: P"M" from empire, which is it to be? Around this| g ; £ s i 4 Seaboard Afr Line... 41 v 4 | eral retracing of early losses made in| e 7 uary ptember 1, New Ym‘k o 5% L 4.‘ . . 4 -l N 4 Cologne 6148, Unites teel Works, A, $ve v rn Br Ple e aN e growing rap- S0 :-:frlum\e iles (12.80). 12 5 AC b | 5814 Seo Nt Inw ot (53 h Y L = YA o O 352%}:.'2;32 5 ; e .k ot other distritts xf:‘f“hl?"',;h&',mu, e 800, e 5 3 obligations. 3 4 841, X Bul T trade sl Tas 1y ie aclend | 39 33 Lovhiara (phof . 3 b a” a0 i S : R e, Ty, STl Jower, DAL . | o pEmain 01 i s des iy e = & g Tane o L ns losing ot conference the free trade 7 LouisianaOil. .. T T 8 | 323 15 Sharon Steel Hoop.., S Americans Mg Sround 1ot] Ditch Bastl e 3 West Un'T 644836, 17 1108 110 the corresponding periods tn 1929, prmeiplan il be brillantly deended by | 514 33 LouG & (A) %y 34% 33% 34 84y 16% Sharp & Dohme. .. aESt DOt oesWaas, O Traah: Qfcltrion’ AN SuividoF b 48 WEOS%s's 108% 103% Tow Philip Snowden, anoellor of 8% 1156 Louls & Nash (7).... 5 116 54 Sharp & Do uzv,), i i) vd fom o W1l & Co 1st 100% 100% the exchequer. 44% 17% Ludlum Steel. 6% 18% 30% :hmmckmc)(u%) 17 - commodity prices. Argentine 6s, Chile | pinland 6s"45. .,. ) 4 4 281, 3 ay 6s, Bolivian 8s, Brazil 8s "% WinRA T%s 41 1108 108 '::‘m’%emg?i:‘ afiom the | 39% 20% MacAnd & (12 3 23 3814 Shell Trans (a2.423). D - Conaliald B 9 You St & T 6878 104% 104% years. Her millions of unemployed are [ 10 53 McCrory (A) (2) ; DL R R losers. Peruvian bonds were the only | Krench 754 ; ; RAILROAD. McCrory (B) (2) 1 56 5 8614 Shell Un Oil pt (53%4) o, Aiiow SHNELI this ot Danker! R clamoring for work. She is the largest o forsnts ones to show strength, this on banker's | French Gvt 7 Ann Arbor 45 '52 IS Reats Tation I the wenid ey 97 89% McCrory pt (6) 8% Shubert Theat 5 denial that a debt moratorium would be Atchison adj 4 44 304 McGraw-Hill (3). 31% 31 a1u| 20% Sitmmons Co.. .. b et By o Ry t of | Gelsenkir Min 6s'34 6 the only one. 'Will she continue to hold | g9, g1 McKeespt T P(153,) 7 1 37 15% Simms Petrol (1.60). B CPrench snd noalisovernment of | German 6%s ‘8. .. 222 At MBcsiged ¢ that position? 375 1415 McKenton & Rob (1) " 1| 32 16% SinclairgCon Ofl (2). b e S o 2 IR OV dull, German Bank 6s°'38 24 it is. Labor Party Divided. 49 35 McKes& R pf (3%). 3 s 3o% 3 2415 Skelly Ol (2)....vrs It was only old Investment favorites | German 6%s'50. .. AV® Dan 244 Uit 1 15" | ity 20% 12 McLellan Stores . 3 2 3 ‘ Rk:lly Oil pf (!) German 7s rep *49. Kans berals, and, to a losser degree, the 15:-. wg lg-z’:fl RHsk(én(n'a) 1124 nz‘. 17 36 52 sn{der IAackmir prs% LT % Burlington & Quincy 4s, Standard Ofi | Greek 65'63....... 100 99% o e 16% 8% Madison Sq Gar (1) B 8% . 95% Solvay Am pr ww 4 3 Haitl 6s 52 5 ‘ T ST {2 28 MagmaCorper ®).. 11 27 200 264 dnd 12" Sou P Ric Sug (140) 12 4 that Goiid Advacios acaibc the heng. | Hinwary THE 00, 3 1ob 1008 1 ; 108 108 THINKS TIMES RIGHT Stertent s fow moniha ago: * oo |8 1 ManatlSugar Uia0s a0 a0 ol Gl np sn soumemoalfa ). 4 64" | Brm"or"s shade beticr. . Tnvestmens | foark ous S 1375 S 105 Iodse FOR STARTING FORTUNEY 1 : ey Ang ""‘fgg"‘l‘;flgg‘fi for el 10 4 Maracaibo Ol Exp. 45 Say e oy 75 Southern Rwy (8)... e and Amesian & Foreisn Forces | Jupancssta . ... % 97% 97 ’ Special Dispatch to The Star. Joung Dations of the Dritieh Bmpirel 32 284 Marine Mid (1.30) 28% 90 Southern Rwy pt (5) 55 were sold. Convertibles dropped with | JAL S8 614865, . 3 NEW YORK, September 30.—An T Lt o o D T et 3 % Market St Ry. 1 19% Spang-Chalfant..... 1 Socka. “Iniernatioo s dropped with | Japanese 8i4a ‘54, | u ceptional foundation for the bullding R e O equulity Is Sective| 254 17" MarketStRy prp % 19% 135 Sparks Withing (1). Telegraph convertibles 4145 going below | 1osor s gy 07+ 3 3 | large fortunes through investmen unity. e unity as effective &8 you | 55™ 301, Marlin-Rock (15%). e 29% 3 38 Spalding (AG) (2).. 2 v Karstadt 6s ‘4. 13 69 furnished by the present budm- doe ;',::"g"‘g"’ I‘fm“"‘ don’t the em-| 30;, 73, Marmon Motor Car.. 7 ; 4% Spear & Co 50 B T T alves. o witer Kreug & Toll 6 5g. pression and low sEcurity prices 1o, pere ot Fema 7 .10 % Y Lyons 6 '34. unds hich 35% M hall 14 8 Kell 80c). .o = hc°ded t mrflm L = ‘gh 3“ ”:::‘naf'-fl;lf-mm 3y ¥ | 861 14% sfifc":f;n;. .o.'.(...c) 3 e — Marseille 65 ‘34 5 105 L T S| "‘:l“:h"i‘;y 3::“:3:?«“:?.: tmm ::“fin fi:fi ;‘efl.u o al year'sim-| ;i 323 Mathieson Alkaif (2) " 2 104 Spiegel-May-Stern.. 5 11 washington Stock Exchange Mex 45 asstd 1904, : American .business and the unl conference. 61% 40% May Dept Strs (n2).. % 40 40 %) 2 17 Stand Brands (1%4). e 4s asstd 1910, 104% 1041 States Government, accordis Canadian Migration. 23 2.{». fiflyl-l gout) e 4 7 29% 24": ;‘ungg :g n:;m . 23 SALES. i}fl’;’:‘:&’.‘-sf : 3 931 9,/’ Walbridge, senior partner :f the nm L Y 4 Maytag Co pf (3).... B % E 1 tang P (4).. 66 o, o 4 .o Y 4 of Pask & Wajbridi stock brokers. - &mu R00: Commdn Tae Wit To00 9 Mengel Co (2). 9 % 5 Stand Invest Corp... & o) % | Washinatoe B & B 20,8 108 | wethertunason T 5 were stastod Qurig tives oF depression o 87 16% Mexican Seaboard... 86 17 y 6% 55 Stand Oof Cal (2%). D Y Washington Rwy. & Electric pfd.—6 at.| (o So Wales ‘57 % . 100 100 and have been predicated upon the her tion, “four-fifths of | 3 . S 2814 S ean ORGP AR o - 98, 10 at 98, 10 at 98, 10 at 98, 10 at | N, S L SIS Ni 100 99 whom ,md eir way to the United | 33 1‘1]% n].mxsconip-hrzuv.). { % ;h 4 s(and onor N-Jn “z) 98, 10 at 98, New So Wales '58. . 100% ”:t ability to purchase sound values with Sta Zu MiaGont Por ‘?;’ L 38 2 95 4 ) b 51 Standonm¥ ufc'o 1). 2 Liberty National Bank—10 at 200. i’g:‘dv::& Su fsn: 105% 105% :1‘::‘1“ ad i’z‘:ceu::ea":léufl’;ev;:‘l%r&:c )Il: 4 21% Midland Steel (3) 24% 2 2 % 2T Starrett (L 8) (12%) j W“h"‘l'flfl Loan & Trust Co.—10 &t | Norway 5345 65, 0 1% | o s e {gf% {3?"‘ lowing the market slump of the pa-t 7 1 1 . 6Y Th Sterlt evee Ni ’ C or 4348 * b tedg oo bl Rt o it 2 : Aieicade Vi TR Abes 00 1iE a0, oo LR o 104% Can Nor 614 db o 118 o Mo Kan & Texas (2). 33 32 b g 36 Sterl Seccv pf (3). .. "g:"”"‘"‘"'c‘“" com.—10 at 30%, Norway 6s 52. # Sun s o A 109% 109% METAL H;B.EET 92 Mo Kan & Tex pf (7) 93 Y 19% Stewart-Warner (2). 2 ” oy ‘an Pacific 8. .. % 9 b“‘a‘d‘:‘:‘o!"'m!:%o:‘;: cmplre railroad | 9gi, 54 Missouri Pacific. ... 531 b1l 51% 3% 69% Stone & Webster (4). s | Mergenthaler Linotype—S at 95. Sijencase thans. 4 SEnTacite¥iew 40705 100 S0tk NEW YORK, September 30 (#).—Ccp- the eastiest ones. o g3 Toe 145% 115% Missouri Pac pf 1) 13 118 25% Studebaker Corp (3). AFTER CALL. Paris-Ly M 6s'58., 29 1094 o b Dol Josh 1N per easy; electrolytic, spot and ful But not many Americans have gone | 80, 10 Mohawk( -l gl i O BEmalek: SO T e ’22,’: s 22y, 122, | Washington Gas 65 “B"—$2,000 at 108, | Paris-Ly M 7s'53. ¢ Centof Ga 58 C'59. 10 101% 101% lo. Iron quiet, unchanged. to Canada and achieved great suc- il 3 5 28% " s yowm-c Electric Cons. 55—$1,000 at | Paris- 2 97% 9 Bit'there arc some: 3r Steven- % 28 Montgom Ward (3).. 2% 28% 50 Sun Oll (11). 56 Peru 6560, i) % Moon Mot 3 0214 £ (8). .. 4 p 9 : G e AT i A g el L '”x' b+l wnmnzum Rwy. & Eiec. pfa.—1a a | Perugs il % Mother Lode (20¢c) 1 % T ; g 9 1% Superior O1l, 1% P otor Products. ..., 34k veets o el P A o Bales. Hizn, Cined. Motor Wheel (3) % 185 18% { I, 2 Symingion.: L e iR s s % 19 Tauzz‘s-n. ¥ 1". 5 g5 Mullins Mg, 8% 8Ys Y 17% 6% Symington (A) ingtos o SR &M 54, 031 Munsingwear 3¢ 34 16% Telautograph (11.40) at 121, 10 at 121, 40 at 122, 10 at 122, | Jueeniand b 9% 99% 99y % 185 1 108% en 48'98..... 35 96% 1244 Murray (B)(2% stk) 1% 1% 9% Tenn Cop & Ch (1)... 16, Bid and Asked Prices. h ey s 2 rop A 35% Myer (FE) & Br(2). 2 35% 35% 43% Texas Corp (3)...... 2] > C;‘I éfi'v“ o ¢ “9 59 59 ent 4148 2013. 10315 1084 29% Nash Motors (4). % 30 814 4814 Tex Gulf Sulph (4).. BONDS. 4 . 3 A bt LR 3% 73y Crre im 582013 1% 109 109 93 Nash Chat& St L (5) 20. Y% 7% Texas PC& Oil. 6% PUBLIC UTILITY. = ». 9 CaM &SK'P:' P 102% 102'% 102% 35. . 107% 1074 9% Nat Acme (1%). : 23, 13% Texas Pac Land Tr.. a0t ks . Ch M&STP 4% '85." 20 100m 100% 190 o oY) s, ae boett #h 305+ 6% Nat Bella Hea: ; dew 17 Thacher Mig (160, 1 ERApR R g, Rlavers s C Ch MBSt PAR TS, 30 ot ook 100% 1 10T oo Nat Bella Hpt (1)... 1 e g etr (280). % o] A ooat ot 5 h R Gr De Sul 6568, | ¢ 61 2| ChM&StPadibs. 185 491 1 : 4 ; : . | Ra W 3 Y 48% A 107% 107 more then $3500.000.000 of S A % 1 sob tus XhEENatIav (1. 21 Ana’“& Fot. guar 5y 95 *'| R Gr De Sulss 46 . Ch & NW 43482037, 15 1005 908 " ton” 105" in Cana- ! e C & o Rome 6%s'52, 13 02% 102! 45% Nat Dairy (32)... 92 487 ? % 31 Thompson (JR) (3). 2 Gapital Traction K. R. 301 815 | Rov D 45 45 ww 6 mm 1004 1030 1034 11% Nat Dept Stores (1 4 117 %| 3 18 Thompson Pr (2.40). Georaetown Gas 13% 35 104 Sao Paulo 8s 50, 6 C 5 o 3 VB Jety % 90 82% N % 7 7% Thompson Starrett. . Y Y Potomac Elec. cons. 57, Saxon 7s " i Ci . 88% 88y 2 7 2 40 Thomp-Star pf (3%) Potomac, Elec. 65 1653 08 axon 7s '45....... 9 9 N 4 o 9TH 9TW eing in the relations > 4" 25 | Ni% 10% Tide Water As (§0c) : Wash e s Rt Verngil o s LT i L % s NY NH&H cv db 6s. ¢ of the two countries, but, fundamental- ; O g2 ey B T8 Tide WaterAspf(§) 2 78 s ington s 5. : o e e i %sA.. 13 97y Ny ohmarent 1+, they have too much ih common ever K % 10% Timken Det Ax (80c) y Wash. Gas g, ser] 188 103% | Swiss515a 46, 94 44 NY O&W 1st 4592, et oy deadly quartel” N ¥ Ont & Western.., 554 Timken Roller 3)... n ey, AL o o NY S&W gn 65 "43., Nat Pow & Lt (1)... 2 2% Tobacco Product, 6 . Toho El Pow 7s * Ch Un Sta 43563 1 on Short Selling. 4 | 13w 7 Tob Prod (A) (80c).. Tokio 883, . | g ¢ S %ok UnsaseB6s.. 3 loms tons “If there is any difference between 3 5 | 19 Transamerica (1)... 1 3 ‘5" | Toklo E3arei. : s i Nor Paclfic 38 zou. short selling on the Stock Exchange i 7 2 10 Transue &W (1) R 2 % soiee | Utd King 51 s 737 g 9 3 e -+ 135‘* Nor Pacific 48 '97. and short selling in the wlwlt pit, tell 1y Nat Steel (2).. 5 E 20% 9% Tri-Cont Corp. 2 . Gons. Title 6. Uruguay 6s '60. ... 24, CCC&St L 4%s (E) 102% 101% me what it is.” inquires C. R. 1 98% Nat Supply (5)... 3 96% 96% 983 | 962 89% Tri-Cont Corp pf (6). 9l Uruguay 85 '46 5 1043 2% |CCCaSLssD 63 12 105 1o4n 2047, 114% 1141 The widespread pubflcity given_to 106 Nat Supply pf (1) o 108 30% Trico Prod (214) .. » 3: v gk 04% mw Cin U Ter 41 82020 Tome 1(“’:}‘ OreShast L Suatd; 108 109 the Soviet wheat short selling in the « 66% Nat Surety (5) 67 311 10 Twin City RTr (§4). 10 “';;';“‘fi; s 24 87 864 Clev'Term 41517, 9 1035 'm",.; Ogden&L Ch 4548, 82y 82y Chicago Pit naturally brings such in- Natl Tea (1) 20% 20% 138 83 Und-Ell-Fischer (5). 2 mer. Tel. & Tel. (9) . g Cog Tk :v ‘s 0% 70 4| Clev Term 5s'73. .. 107 107 D quiries. There is a difference in the Nevada Coppi 105 11 | 19% 9% Union Bag & Paper.. 3 4 pital Traction(Co, (4 813 48 ohama 6s '61. 981 98 Clev Term 634812, 18 1oot 1vo Penna 4s 48 99 99 machinery of short selling in these two Newton Steel.. .. 31% 27% 27% 32% | 106 60% Union Carbide (2.60) ? 3 3 . viiieda o MISCELLANEOUS. Colo & Sou 4155 '35, 13 10115 1074 Eani ov £ 108 -108 cases, although the principle is the 37% N ¥ Airbrake (3.60). 12 38% 381 381 50 341w Union Oll of Cal (32) W a3% 84 3414| Pot. Elec. Power L2 4| ABIUDI P & P 5353 R3% + | Coto Sou 4348 80 20% 995 Pann gen 43 103% 104 same in both. 150% N ¥ Central (8).. .. 33 152 150 150 | 242% 200 Union Pacific (10)... Bot Moo PoNur S a0 Ab& St51,5°43. ... 10114 ConRy4isst’si.. 1100 100 100 | penn eg s oy 00% 904 In the case of selling short on the 9214 NY Chi& St L (8). 6 2 92% 874, 824 Union Pacific pf (4). o h. Rwy. & El pfd (5)....0 2| Allegheny bs '44. 9 99 9 | Cuba RRrf 7%s 36 " n Ak L b pedeh Stock Exchange, the trader himself is 17% N Y Invest (1.20). % 17% 3813 25% Un Tank Car (1.60). . NATIONAL BANK. Alleghany bs *49. .. 991 9814 Y 4 Penn gen 111% 111% iged, under the rules, to deliver the 174% N Y & Harlem (5) 181 181 99 40% Utd Aircraft | (14 .. Allis-Chalm 68 a7 1012, Del & Hud rf 45 '43 974 97 Penna 8e°e¢_ . 1054 1054 et by & definite time within 961 N Y NH&Hart (6). 13 97 95% 96 % 56 Ut Afrcraft pf (3). Soirmbia ‘1133 +400 1 Am Ag Ch 7145 *41. 104% Del & Hud cv55'35. 1 101% 10114 Penn 6%8°36...... 1104 1104 hysical s hort sale. 8% ] Gommercial (siamped)’ (10} S e i Del & Hud 6%s'37. 1o:sv. 105 ?|PaOh&D4atgs 7. 102 102 4 hours of v.he dav o! fhe et sl 116 NYNH&HDI(D.. 4 1184 118% i 36 Utd Biscuit (160).. Doty 3 Am Chain6s'33.... 2102 101t D&RGren4s"3 “ Pere M 18t 48 ‘56 94% 4% So the mker. dle the deal, 110 N Y Steam st pf (1) 1ps 115 115 42 117 Utd Biscult pf (7).. mF P68 2030 10818 1008 104% 104% 111% 111% L I-Americar 5 7Y . 3 borrow the stock fmm a real owner of 213% Norf & Western (10) 8 219% 220% 2214 84 404 Utd Carbon (2).... Y m::t.y (fl 00 © 215 | Am 1 G Chblss 4o, Den& RG W 58’55, Pere Mar 4%s 80, . 96% 967% 0N 105 108 ¢ San Francisco. » IR =T won 0 SmmamiNES e aNE O~ . s 5 I DRG& W st 5 Pere M 1st 65 '56 stock or a holder. 7% North Am Aviation.. 34 3 6% 6% 5% Utd Cigar Stor 5 Lincoln * 95% 9 e n:tn in the case of wheat. The 874 Nor Am (b10%stk).. 94 80t o2 92 26 Utd Cigar Stores 2 "‘"’""“"“ - 525 34. .. 25 T short sale trader in wheat merely deals 100% North Am Ed pf (6).. 1 105 52 . 26% Utd Corp (50c) P | Am N Gas 614842 " Hsts Torcon s in a futures contract. The Chicago Board 51 North Amer pf (3).. 2 5 5 46% Utd Corp pf (3). DA Am S&R 18t 58 *47. 3 RHeQends for the delivery under 66% Northern Pacific (5). 58 3% 6 39% Utd Dyewood pf (7). TRUST COM Am Sug Ref 6537, . . o of Trade 152381 Erle 62 1967, m ch comuct that “unless the contract % 38 NoGerLloyd (3.43). 1 3T% 3 97 4 Utd Electiic Coal. E A cena-l:ng;{:_ulfl.‘l.;“fi b7 ey Co. ( Am T&T cv 4%8'39 . 81978, 93 Port Ry L&P vides, where any commod-| 4 % Norwalk Tire& Rub. 2 7 w % % 6% Utd Fruit (4). . Merchants' Bank & Trust (6} Am T&T 68 °65..... 1 St : g D seid for délivery in & specified | 4, 53, Onio Ol Co (2) . 31% Utd Gas & Im (1,20) Netr Bavings & “rrust, (1210 : Am T&T c tr 65 ‘46, 1 10814 | Fa E Coast 5574 . “ RS L TSy month. delivery of such commodity may 94 Ofl Well Supply.. ... 19 % 97 UtdGas& Im pn“ 2 s Bank & Am T&T 6sst'60.. 19 Fonda J&G 4%s'52. 2% 30% 3 | Read gen 4158 A *97 be made by the seller upon such business 8 Oil Well Sup pf (1) 7 | 32 22 Utd Plece Dye W (2) 314 | Wash. Lo i Am TAT 5in s, .. 9% 109 % | Gr Trs tab6s's 107 Reaatay & qast) ‘sales in the specified month as the seller - Olives Ware Bautn., 14 o 7| 14% 4% Utd Stores (A).... 2 i 8 SAVINGS BANK. Am W Wks 5s°34.. 5 L i?z\ Read Jer Cen 4 o6 95% collect. l( not previously deuvend 55 OlvF EqpLA (6)... 2 55 15% Utd Stores pt (23). Bank of Bethesda (6%) Arm & Co 4%s'39 3 v 4 101" mo‘k Rio Gr W elt 89% 898 w very must be made upon the last 12% Oliver Farm Eq v pt 2 12 2 9% U S Distributing.... Commerce & Savings 35 |Arm Del5i4a 43, ., 95 (-,. Nor 58 ' 108 o Rio Gr W 1st 04U 9414 day of the month.” 1% U S Express Ean Wasnington (12) 25 AtGulf 5985, . . 7 Gre N 5 108 . 101 101 business g : otomac Savin b s : A Every Short sale of grain in Chicago 753‘ e ) 327 13% U S & For Secu . 12 3 Jotamas Savines Bapk g1 1 deb 5s 37 o e St L Ir M'nt 65°31. 101 101% by Soviet Russia, or by Canada, or by . bty ‘ 9% 5 s 39% U S Freight (3) H 3 i . 315 Bell Tel Pa g0 5 43 " i ' e T S TN RAG (a5, 4 10870108 1 any other country, is covered under that | ;[ 1 \ 20% 20% 20% 21 | 30% 13 US Hoffman ( 4 1 %’l‘fim.&fl'&em.nm G0y [ ik 2 | 112 [ Guir Moblle 5s°50. . 33 105 apr Y| StEA R IR AN A 2LMC; I8 900 * rule. If the actual wheat is not going Steel pr pt (7). 1 Y % 59 U S Ind Alcohol (17) 62 FIRE INSURANCI i 2 e Hock Val o StL&SF 4%n"78, 92v, 93 be delivered—and there is no doubt that 53 Outlet Co (4)......: 30s 6 6 4 7% U S Leather,....... 7 amarieeh QD , e : 34 | o ‘fl%fl 99. . 108% 103% h| SIS F 41%8'78 wi. 3 T 928 92 this is the situation with regard to, . 41% Owens 111 Glass (3). 2 4 2 | b 124 U S Leather (A) 6 9 e m x Ao, L iy 5 "udh adj68'57. 113 844 881 StL&SFprinbs B 31 103% 1034 Soviet Russia—the contract will be cov- . > 5 : . T4% US Leathprof (T).. 6 73% 73 2 Fi Y Bush T Bldg 65 '60. %] oS ertes sz, . 18 101 101% StLS W 1st 45'89. 90% 907 ered in due time by purchases in the 4 10 Pacific Coast 2d pf.. , | 38% 184 USPipe&F (2).. . Cert-td deb 5% 3 PR L b 9 SULS Wov4s's2.. 100 100 _open market in the United States. n 52% Pacific Gas & El (2). 25 54 4 4 3 15% USP&F 18t (1.20). y 3 Chile Cop d s St T b\ |StLS W 5852 102% 102% Thus, the Chicago Board of Trade 71% Pacifie Lighting (3). y 41 USRealty (5)...... 2 214 | Columb! . 8! Colon Ofl R SULAN Simy 9 StP&KCSLa%s. % 99% 99N will prevent short selling only by greatly 20% Pacific Mills Py : 3 14 US Rubber... 3 L e oy o X g % 108 MCCSUANERA.. 4 106 106 StP Un Dep 68 '72 110 110% Testricting its contract dealing with | 178 10 Pacifio Tel & Te:lu) Do aaze 1“1“4 l‘[’fin | 29% U'S Rubber 15t pf. .. A 3 o, ARy Com Invest §ts" g e Ay SR (R San A & A Pds'43. 96 96 short sales. Not otherwise. 23% 10% Packard Motor (1) o 18| 361, 17% USSmelt& Ref (1), 9 ’ Barber & Ross, Inc.. com 13 g R oonLnvaRten I o H LI Seab A L 48 st '50.. by North American News-( 64% BI1% Pan-Am Petroleum.. 2 51% 51k bl 1 151% U S Steel (1) . z e R R C C Md 1st rf 55’50, nt Rap Tr 68 Seab A L rf 45°49. . (Copyright, m»wy Mfl:m 674 50% Pan-Am Petrol (B). 20 50% 50% rite Vi e e e D e 1 ConG N Y Bigs 4. ’ Int Rap Tr1s 33... 1 Seab A L cv 6: % 34 i::::\;n;‘x(lur::hl:.‘.‘.), i 3 3% 66~ 59% U S Tobaces (8) G 1+ g 'c° d & Gravel pfd 9 | Consum Pow 5s 52, e[ Jat & Gr Nor 8888, 4 Seab Al FI T4 8 ! w 52 ' g 2 ] Int & Gr Nor 6s '52 | 1 U 8 Tobacco pf (7)., 2 su 3 X 5 C Am Sug col 8s '31 B . Seab All FI 6 NEw SECURITIES e gl Pk BTuE 3 e 107 Univ Leat Ton (8r.. '8 | Emer 0-Bels. A’ : De Edison 65 "4 Int& G Nad 6s 62, % | Sou Pac col 45 49. . = % Pedeul slblll! id. o | Det Ed rf 65 B 40, 4| Int Rys C A 6872, , Sou P 3 30 Univ Ple 1st pf (8). . : 012017 32 ou Pac ref 43 '55. . NEW YORK, September 30 (#).—New e B 9 2% UnivPipe& Rad.... 2 ‘pa: Dodge Br col 40 . Kan C FtS&M 45 '38 9% 9T% Sou Pac 414868 . .. 100 100 securities offered today includ: 9 E p" h‘E h ) % 7 % 30 UtllPow & Lt A (e2) :a 4 | Duauesne ¢34a 67 City Sou 38 '50. 80% 80% SouP4%s'69 ww. . 100% 100% Montreal Tramways Co., $2,000,000 5 athe x‘c ange L 1% Vadasco Sales Corp. . % . pfd. (7). 100 | EastCSur 73537, City Sou s '50. 108%. 1031 Sou P& Or 4%s 77 101% 1014 5 per cont general and refunding mort- 10% Patino Mine: L dih Vanadii Si (14, Fisk Rub 8841, ... Kan City Ter ¢5'60. Sou Rwy gen 45 56 88% REM bonds, due April 1, 1955, priced at e ;” ; | Va-Car © % i, gw Mige. & Inv. pfd... 3 1o3%|GenCanlebies’dr., ¢ | Lake Shore 3% 47 Sou Rwy 6 111% 111% 96% and sccrued interest to vield over | 80 48 Denney (JC) () o | a miCas Ghemb o ot g 2 T B el (e o | Gen Motors ga 37 Lake Shore 45 31. . Sou Rwy 68 : 1184 116% 8.3% per cent, by Aldred & Co. and 9314 Penney D! s Ve ear O s . 125 *| Gen PSv5 g Leh Val cv 48 2003 . Sou Rwv 6% 66 123 Minsch, Monell & co Penn Dizis Coment 0, 8 Va El& P ¥ . Ter. Rel. & Wh. Corp, Gen St Cas 548 49, 3 | Leh Vevates2008. 1 1031 1033 Sou Ry M&O 45 '38. 948 insc! nel Penna RR(8) .. 691 9 | 10 a £l & Pow pf (6). . i Gen Thea Eq 6540, 9215 9 4| Leh Val582000.... 1 110% 110% 110% | Term As St L 45 63 4 Peop Drug Strs (1).. 3 36 3 36, 35 - ::}”’" t"l‘i:g"k 5 W e O 93 % 11111 |Good 1st6ls 47. .. | Long Isl rf 4s 49 9B 94w Term As St L 88 o5 100 105% CHICAGO DAIBY ZKABKET :'eon:e‘;l;ll ehie8). ¥ 215 2 24 22 B \,MC'““H"D:."“ of. fé(‘:: 7 70 | Woodward & l.o'hrou pid. Goody'r Rub 5 *57. 3 L& N uni 4s'40. .., 98% 9814 7 107 107 peoria & Eastern. ... oeoss *Ex dividend. 9 Humble Oil 5837, . 2 h L &N 4%s2003.. " s o e e S RN T 5 lgé 1§%M 25 e TSI Ve S i B Books closed. Hum O&R 6%s ‘6% 21 1023 L&N Istres 108 1064 loss c9. " 28 10315 103 -l 4 r . Y Ve % 1 . 2 2 E . R I e ST i s | e T e MAs et ¢ 5 19 o | 244 Waldor! Syitm (1%) : ; G e, DR A 8 Market St 7 " 9w 94 o4 514 51% 37a38; firsts, 33a35; seconds, 318321, 4 14 Petrol Corp (1%). 14% 145 204 Walworth Co (2) 1y 2 2 21y | dEx right: ©$5 paid Oct. 1, 1930, | 111 Steel 4168 : h 108% 108% 103% g 9% 9TH Eggs— Receipts, 4,589 cases; firm; extra 28 Phelps Dodge (3)... 49 2 4 213 Ward Baking (A) 3 2 per hundred. Inland Steel 43 105% 105% 105y | Third Avadioago. 80 30 nnu. 28; fresh graded firsts, 27; fresh 11% Phila Read fs:clu 3 Y 3 5:;"' a’ll:g:mnk (?}”4 4 4 T Ve - K".}:.ffl&';.‘u" 13;‘;: lg:h lgfil: Un Pac 18t 48'47... :::‘ m current receipts, 22a24;- ordinary cur- 8% Philip Morris&Co( 6 % 10% ng pf (7). . . g rent l‘eeelpu.pl':‘lzl s 59% Phillips-Jones pt (1) i 2L Warner Bros Plet . 2 RECEIVER NAMED. R NamaRAM o 4 G 8l e % 9T 974 = 25% Phillips Petrol (n2). 126 26% 24% 2 361 War Br P of (2.20).. 2 RE, September 30 ek ot ’ 97 1015 1014 10% Phoenix Hoslery. . .. 8% Warner Quinlan. " ATy Doy 20 (B4 b Dan SO R OWY... .. | 101% 10114 101% 109 109 FOREIGN EXCHAIGES 80 Phoenix Hos pf (7). . 3 E 3 3 | 40% Warren Bros (3). 2 i f.l:;"h..h.;::; s{ppl:inmskmfv&“?;; 3 K 9:5(. 3;:2 92 ¥ 1021 102% (Quotations furnished ty W. B, Hibbi & Co) | 21 1 Ulerce Ot ... % keh R :::;“,“:":'P‘f; 5 the 'General Commercial Bankers, Inc., | Int T&T cv 4148 38 i &Ta%s"T 100% 100% 1000 | v s s Al Sold ReUismatects 214 Pierce Petroleum. .. 3 i 2% Worn Ol & Bow () 2 " B ROT Tk A e B = EA T pe it bn 104% 104% 104w | warah 4450, 0 1008 Y il % 27 Cllisbury Flour (2) : 95 3 i 501 WessO&Snpf (4).. Court, KRR C FaLSw A « 4 ‘| MK &Tadjbs 101% 101% 101% | Wanash 5n 8 76 39% Pirelli Italy (a3.14) 3 4 3 10 99 WML PeRn DA (1) 108 1g. Recelvership proceedings were insti- | Kan Gas&l 4%s ‘80 6% | Mo Pac gen 81981 " 81 | wabeeh hs TERS 5% PittsburghConl..... 5 38 38 8K 31 enn B . tuted several weeks ago by Linden E.| aclede5%sC 53 MO | s Bl e 1027 1081 1m | Wabash is D80, . 35% sburgh Coal. . E 3 B 3 104 9 st Penn El pf (6). 10s 102% Y Richardson, reditor, who had been | 1., 3 5 " " | Wabash 2d 5539, . 151 PRtF W &Cpf (7). 5 57! 1124 icha , & ¢ Y, who N | Laclede 5%8 D '60. 2 Mo Pacific 68 F 10214 102% 102% | \wabash 618 16 s i employed as a salesman by the com- | autaro Nit 6s 64 Mo Pacific b3 G *78. 102% 102 102 52, . B it Tavemiai 7 il e 98 . 7 7 9 |pany. Richardsonsaid the firm was in- | -~" Mo Pacific 65 H'80. 46 102 102 102 | et MO 4302, g s Terminal Cox ! 5, i 2 & . L West 8" 30% Pitts Term C pf. g v & 16% debted to hi.-‘: for $250. The concern i Mo Pac 538 cv '49. 107% 1074 107% | (yest Pac ,‘.‘.,. 1% 99 99 20% Poor & Co (B) (2 5 0% s 3 14 16 !admitted inscivency 2 Mob&oniyel.. 10 964 964 96W ' went 8h fat 4n 3361 9% 938 19% PlAmgobA(l\fl 6 s - AR Losws 6t 5 U 101 101 ::;zr'l"::l{'lu 3 1004 100% 1004 \wpy & 1. " oy 45 ‘49, 92U 92% 92% 5% PR Am Tob (B).. 4 —_— " The usual watch contains about 175 X tL4s'78.. 3. 96% 96% 96% W! ' 584 B84 i 81 Postal Tel & C ptf (1) 80 & different pleces, - o “Lorillard 5%s '37.. 9 L Nassau Elec4s’s1. 10 57% 57 57 3 1a ® 108% 108% 108 103 1028, 102% - » Shrel