Evening Star Newspaper, October 7, 1930, Page 14

FINANCIAL. NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. LATIN BONDS DROP | v vorx BONDS oo xcmuver] | PRODUCTIVE ISSUES T0 LOWS FOR 1930 by Private Wire Direct to The Star o™ 63 T anw GA'N IN ]% 0 105 104% 104% 70 8 69% Prev. UNITED STATES. Sales. Low. OClose. 46 46% Stock and S Laclede 514 s D '60. Dividen e. Sales— Ada 0. sigh. Lautaro Nit 68 ‘54. . Bfain, Hogs, Lambs and Eggs Higher in Re- cent Trading. Am the encouraging price gains on h;.'tmu products in the first days of October were the upturns for grain, hogs, lambs and’ eggs, says the United States Depaftment of Agriculture, Bu- reau of Agricultural Economics, market news service. All this resulted from lighter market receipts or from better demand stimulated by recent lower price levels. Potato markets showed the price setbacks usual at digging time. , onions, grapes and peaches all a little in market value. Dairy and poultry prod 1t Eggs are hul;:lenl T PRl s e o showed some improvement over the ‘worst of the September decline. Potato Markets Active. & carlot shipments attended the lcl!}::vglnln‘ of the main crop of po- tatoes in all the important States. The price trend turned downward, as it usu- | ally does in October, even in a short- crop season. Sacked Maine Green Mountains _ drop) 7 cents per 100 pounds. There were sharper declines at Chicago and at Western country ship- ping points. 4 rices remained nearly un cemg' a% country shipping points in Western New York. Colorado and New York* lettuce is about finished. ~This leaves the market clear for California stock until the Winter crop starts from Arizona. T2 were higher at New Y(wc:ng‘;dbg!cmn shipping points, nn? juice grapes advanced in California pro: ducing sections. Cabbage and Onions Up. ¥ ‘Dom cabbage was somew] welf%mm New York at $9.50- $11 per ton bulk, with sacked stock at $13. at Western New York country : w2 points in early October, aver- aging about $1 per 100 ‘pounds. York Apples Cheap. apples of the most desired size ian.g‘szopquAc Valley area are bringing only $3.50 per barrel, with .Yonlfiu: and Ben Davis at $4. Much standa t section was selling around S1 per bushel. Pear markets are dull and prices about unchanged. Butter Markets Unsettled. racelvers were again finding it £ vals cleaned up. tokupnchd;uu&';m ““‘gt and others hav- § L ¥ | gt Ee i :gfigfl ANTI CANDIDATES FILE CAMPAIGN EXPENSES Progressive Wing of Democrats in Montgomery Detail Primary Expenditures. Bpecial Dispatch to The Star. ’;OCKVILLS, Md., October 7.—Addi- tional candidates at the recent Demo- cratic primary election in this ecmn' '_:.Z yesterday filed with the clerk of Circuit C,Wun here sworn statements of the campaign expenditures, as re- quired law, Be Engene. Jones, candidate for the nomination for the State Senate to succeed himself, spent $225, his state- ment shows, and the expense accounts of the others to file yesterday were as follows: Nicholas R. Griffith, for county commissioner, $103; Arthur L. Wat- kins, county commissioner, $280; Peerce Hunter, count; foner, $175; John T. Culver, for county treas- $200; Willlam H. Warfield, for clerk of the Circult Court, $167; Thomas D. Darby, for the House of Delegates, $150; Willlam L. Aud, for sheriff, $128; k Wilson, for the Orphans’ Court, $105; Genoa King, for the Orphans’ Court, $37.50: Robert W. Allnutt, for the State Central Commit- tee, $90; Kenneth Waters, for county surveyor, $26.25, and James L. Norris, for delegate to the State convention, 125 'lnn who filed yesterday were mem- bers of the Procrg:lve. ;{r anti-organi- zation, wing of party. period for filing closes Wednesday. TWO CHILDREN HURT Automobile Overturns on Wilson Lane, Near River Road, Bethesda. By & Staft Correspondent of The 8t October 7.—Two were ‘Wilson lane near River 4 " m‘rhzy :;‘e Marion and Buddy Loveless, 13 and 11 years old, res| vely. Dr. Emile Bauersfeld of Bethesda attended their hurts. w'l'he automobile was driven by their ) J Loveless. All three live ‘with their nts in Glen Echo. The injured children were taken to the physician by J. E. Nichols of Bethesda. POHL HONORED. will so Best _yellow onions advanced | 51% 138% 44% 50 70 89% 37% 20% 88% 1594 15% 52 13 42% 10% 321 256% 55 30% 48'% 6 51% 132 61% 66% 108% 91 145% 40 63% 49% 16% 72 2 19 L 7% Lehigh Valley Coal 54 Lehigh Val (t4%)... 66% Lel 'orp (3). 22% Lehn & Fink (3). ... 16% Lifb Owens F GI (1).. 85 Liggett & Myer (15). 85 Lig & Myers B (15).. 20 Lima Locomotive. .. 87 Link Belt (2.60).. 52% Liquid Carbonfe (4) . 42% Loew’s Ine (3)... 84 Loew's pf xw (63) ¥ OTUING. ... aei s 50% Loose-Wiles (12.80). 16% Lorillard (P) Co.... 92 Lorillard (P) of (7). 7 LouisianaOfl....... 33 LouG&E (A) (1%) 106% Louts & Nash (7). 16% Ludlum Steel 33% McCall Corp (2%). 55 McCrory (B) (2).... 61 McKeespt T P(t5%) 14% McKesson & Rob (1) - = - PHANEROENONRONANE N CNONRN B A= OI-R AN S e~ @ - 109 Macy & Co (nt3). 6t% Madison Sq Gar (1) 25% Magma Corper (3) . 4% Malllson&Co ..., 24 Man Elev mod g (d5) 1% Maracaibo Ofl Exp. . 28 Marine Mid (1.20) 17 Market St Ry pr pf.. 27% Marlin-Rock (15% ). 7% Marmon Motor Car.. 85% Marshall Fleld (2%) 8 Martin Parry....... 32% Mathieson Alkall (2) 19 115 Mathieson pf (7).... 10s 1. 874 May Dept Strs (n2).. 21 71 MaytagColstpf (6) 1 7% MengelCo (2) ..... 3 80 Mengel Co pf (7). 23% Metro Gold pf (1.89) 16% Mexican Seaboard 10 Miami Copper. 49% Michigan Stl (h2 19% Mid-Cont Pet (2). 21% Midland Steel (3) 6% Minn Moline Pow. .. 29% Mo Kan & Texas (2). 91% Mo Kan & Tex pf (1) 49 Missour! Pacific. .... 110 Missouri Pae pf (5) 16 Mohawk Carpe 30 Monsanto Ch (gi ). 24% Montgom Ward (3). 3% Moon Motors. .. 51 Morrell & Co (4.40) .. % Mother Lode (20c). . 1% Motor Meter G & Ei. 34 Motor Products (2). 8 Mullins Mfg. 11% Murray (B)( 29% Nash Motors (4) 9% Acme (1 2 8 He: scuit (13.30). Biscuit pf (7)... 38% Nat Cash Reg A (14) 93 Nash Chat& St L (5) 10s 45% Nat Dairy (32)..... 104 24% t Lea 138% Nat Lead 116 Nat Lead pf (B) (6). 3¢ 32 Nat Pow & Lt (1 1% Nat Radiator. % Ry Mex 2d pf... 50 Nat Steel (2).. 34 sner Bros (1.60). 10% Nevada Copper (1).. 20 %11 116 N O Tex & Mex (7).. 10s 122 49% NewportCo (A) 3). 1 62 27 Newton Steel. T itk).. 191 91% 24 604 Y % 25 24% !|l8|l). 42 Northwest Tel (3)... 50s 47 % Norwalk Tire & Rub. 6 22% Ohto Ofl Co (2). 9% Ofl Well Supply.. . 86 Ofl Well Sup pf (7). . 6% Oliver Farm Equip. . 45 OUVFEQDLA(6)... 12 Oliver Farm Eq cv pt S nad 108 10 4 Elevn (244) 118% Otis Elev pf (6) 20% Otis Steel (234) . 40% Owens 111 Glass (3). 52% Pacific Gas & El (2). 71% Pacific Lighting (3). 20% Pacific Mills. . . 3 130 Pacific Tel ). 10% Packard Motor (1).. 51% Pan-Am Petroleum. . 50% Pan-Am Petrol (B), 3% Panhandle P& R.... 48% Param’'nt Publix (4). 10 Park & Tiiford...... 1% Park Utah.. . 5 Parmelee Tran (60c) 2% Pathe Exchange.... 9% Patino Mines....... 26% Penick & Ford (1) 47% Penney (JC) (3) . 93% Penney (JC) pf A (6) 6% Penn Coal & Coke. .. 5 54 11% Phila ReadC&1..., 8% Philip Morris&Co(1) 24% Phillips Petrol (n2). 10 Phoenix Hosfery. Plerce-Arrow (A) oil 19% Pierce Oil pf 2% Plerce Petroleum. ., 27 Pillsbury Flour (2).. 38% Pirelll Italy (a3.14). 80 Pittsburgh Coal pf. 17 Pitts Screw (1.40) 20 Pittston Co (76c) 20% Poor & Co (B) (2) 5% P R Am Tob (B).... 72% Postal Tel & C pf (7) 26% Pratrie Ofl & Gas (2) 34% Prai 5% Pressed St 52% Proct & Gamb (2.40) 25% Prod & Refiners pt.. 81% PubSv NJ (340). 107% PubSvE &G pf 59% Pullman Corp (4). 1% Punta AlegreSugar. 16% Pure Ofl (1%). 109% Pure O11 pf (8 52 Purity Bakeri 26% Radio Corp 54% Radio Corp (B) (5) 9 19 Radlo-Keith-Orpn A. 440 22Y% Raybestos Man 2 60, 96% Reading Rwy (4).... 47% Reading 2d pt (2). 34% Real Silk (5). . 87% Real 8ilk Hos pf (7 23 Rem Rand (1.60) 8% Reo Motor Car (8 24 Republic Stee! 'lg'/n Republic Stee! 1 16 2 70 Reynolds Metals (2). Reynolds Spring.... . Reynolds Tob A (3). 20, 87% 4 34 33% 84 109% 109% 109% 107 17% 1T% 50% % 49% 115% 111% 115% 114% 8% 26 5% 37 3 28% 17% 27% % 3% 3% 37 48% Y% 47 49 2 109% 109% 109% 110 2 164 16 16% 4 3% 213 26% 4 2 151% 25 39% 48% 6 26% . 3 4 122 Df (A) (7).1008 141% 118 5 22 1 32% 7 % 2 43 6 12y 1 3% 10 59% +140n 128%; 2 20% 9 40% 36 26% L (16).. 105 34% 1 Car 4 1 152% 152% 2 110% 110% 9 180s 110% 109% 2 59 26% 1 . Reynolds Tob B (3). 86 Ii:% Schulte Retail pf (8) Segrave (1.20)...... Sears Roebuck $2% . Second Natl Inv.. Sec Nat Inv pf (5) Seneca Copper. Servel Inc. . > Sharon Steel Hoop. . Shattuck(FG) (t1%) Shell Unfon Oll.,... Shell Un Of1 pf ( Shubert Theater: Simmons Co. . Simms Petrol (1.60). Sinclair Con Oil (2). Skelly O11 (2).. Skelly O1l pf (6) ... Sloss Sheffield Steel. Sloss-Sheff pt (7)... Snider Packing pf. . 56% 1% 96 T% 19 17% 38 54 T6% 14% 12 50 18 3% 55 T6% 14% 12% 35 54 3% 14% 12% 484 Sou P Ric Sug (1.40) Southern Cal Ed (2). Sou Dairfes (B)..... Southern Pacific (6). T% 25 T4 25 5 36% 3 28% 17% 27% 7 8%, 26% 5% 365 4 28% 19% 5 35% 2: Southern Rwy pf (5) 17% 274 % 37% 3% Stand Brands pf (7). StandG & E (3%)... Stand G & E pf (4).. Stand G & El pf (6).. Stand G & El pf (7). Stand Invest Corp. . Stand O of Cal (2%). Stand Ofl Exp pf (5). Stand Ol of Kan (2) Stand Oil of NJ (12) Stand Of1 N Y (1.60). Sterling Sec (A). Ster] Sec pf (120) Ster] Sec cv pf (3) Stewart-Warner (2). Stone & Webster (4) . Studebaker Corp (3). Studebaker Co pf (7). 45 28 24% A Sun Of1 (11) Sun Ol pf (6). Superheater (13%). Superior Ofl........ ar’ Cop & Ch (1).. TexasPC&Oll.. Texas Pac Land Tr.. Thermotd Co Third Avenu Thompson Pr (2.40). Thompson Starrett. . ‘Thomp-Star pf (334) Tide Water As (60c) Tide Wat Oil (pf (5) Timken Det Ax (80c) Timken Roller (3) ‘Tobacco Products Transamerica (1).. Transue &W (1) Tri-Cont Corp. . Und-Ell-Fischer (8) Union Ol of Cal (32) Union Pacific (10)... Union Pacific pf (4). Un Tank Car (1.60). Utd Alreraft. .. Utd Afrcraft pf (3). Utd Biscuit (1 60) Utd Carbon (2). Utd Cigar Stores. Utd Cigar Stores pf Utd Corp (50¢)... Utd Corp pf (3). Utd Dyewood. Utd Electric Coal. Utd Fruit (4)... . Utd Gas & Im (1.20). Utd Gas & Im pf (5). Utd Plece Dye W (2) Utd Stores (A)...... Utd Stores pf (2%). U 8 Freight (3). . 8 Ind Alcohol (17) Lea: 6! 198% 151% 1514 141 68 591 140 122% 39 19% acaaagadaa Util Pow & Lt A (e2) Vanadium Stl (14).. Va-Car Chem. o Car Chem 6% pf. Va Iron Coal & C pf.. Vulcan Det (4)... Wabash pf (A) (5).. Waldorf Systm (1%) Walworth Co (2).... Ward Baking (A) Ward Baking (B) Ward Baking pf (7). Warner Bros Plct. Warner Quinlan. ... Warren Bros (3).. ., Varren Fdy & P (2). Oil & Snow (2) ing E& M (5). E& M pt (5).. on El Instr (1), Westvaco Chlor (2). White Motors (2)... Wh Rock M S (1434). Wh! White Sew Mach pf. Willys-Overland. Willys-Over pf (7), Wilson & Co... Wilson & Co (A). Wilson & Co pt, Woolworth (2.40). .. 17 57% Worth Pump(B) (6). Wrigley (Wm) (4).. Yale & Towne (2). Yellow Truc Youngs Spring (3).. Sales of Stocks on 10:30 AM 417.800 1:30 P.M 2781700 ° vidend % | cash pasments based oo tions. Pl per cent in stock referred stoc] Seaboard Air Line. .. Solvay Am pr ww 53 Southern Rwy (8)... Starrett (L 8) (12%) Submarine Boat. .... Thatcher Mfg (1.60). Third Nat Inv (2)... Tri-Cont Corp pf (6). Truscon Stl (g1.20).. SewingMach. . Wilcox Rich A (2%). given in the above tabl the latest quarterly :‘ b oci i0as ger Gent 1o stoeh n t Subject to spproval a’ stockholders. 73 18 EPY PR P » o ORO AR S Bn e wans 331 ..8208 2 Penn E1 A (7). 110s 3 84 Worthington Pump.. 123 1 2 1 3% 45 131 3 35% 35% 3T% 14 35% New York Exciange 12:00 Noon.. 1.714.000 3,077 000 e the or Balf'vearly declara: res. TPartly extra iPlus ¢ 1Flus 9 per cent in stock 'ayable in stock d Payable tock Plus 10 per cent in lus 2 per cent in stock. in_stock m Plus 1 D Plus 50c cents n 10 P.M... iy LONDON FINANCIERS SHOW LESS WORRY Growing Expenditures Most Im- portant Factor in Present Situation. By Cable to The Star. LONDON, October 7.—The annual conference of the Labor party, which is now in session, has revealed nothing far more dangerous than pious, but t, denuncistions of the capi- system, the international -en- thronement of which is reluctantly ad- mitted. ‘The financial district is satisfied that no revolutionary proposals are likely with the present government in power and the . sole anxiety is the growing buxdl::. of public expenditure for social services, i Sterling, which was recéntly Nélpsd by American purchases of British gilt- |y, edged stocks, was today a shade weaker, but French exchange was more favor- able to London and the poor French harvest, entailing larger wheat imports, may obviate gold wit wals to Paris in months. A Amer Pthess e Lime deposits, and 90 per cent near Redmond, extending 20 feet down , have been found Brit & Cont 6% pfd. Founde: 1ns Stoci NEW YORK, October 7 (#).—Over- the-counter market: Bid. Asked. 62 " 65 s tors. Associates. Jackson & Curtis Invest A. Sh bt Corp of Am Ty 8hi unchanged. Inducing weevil-eating birds to in habit infested pecan orchards is a De- 3% AT'% partment of plan. Agriculture P | News From Brazil Hurts Both Municipals and Other Issues Again Today. BY DONALD C. BOWLES, Associated Press Financlal Writer. NEW YORK, October 7.—Selling of Latin American issues was resumed in the bond market today and the decline carried many to new low ground for the year on’ losses ranging from 1 to 10 points. The sharp reaction was a continu- ance of the selling movement launched yesterday as reports indicated growth of the revolution in Brazil. Brazilian municipals and industrials and some issues of Bolivia, Chile, Argen- tina and Peru were under pressure. Brazilian 8s dropped about 7 points, Brazil Central Railway Electric 7s slumped about 10, Rio Grande do Sul s 8 points, Bolivian 7s about 2, Chile 6s of 1963, 1, and Peru 6s of 1960, 4— all to new lows for the year. Bra- zilian governments and other issues of that country bore the brunt of the sell- Ing, but virtually the whole South Amer- ican list was unsettled. Bonds of American concerns with large interests in Brazil steadied after sharp breaks yesterday. There was much interest in financial circles in the appearance of the $100,- 000,000 Canadian 30-year 4 per cent loan, which has been expected for sev- eral days. Priced at 95%, to yield about 4.28 per cent, it was offered by a .large international group of American and Canadian investment houses and banks, It was the principal issue of the day, and is the largest foreign loan placed in the American market this year, sur- passing the German international 5% per cent loan. Prime investment issues suffered somewhat from the selling and only a few liens made any notable progress. Activity was considerably expanded. A feature of the railroad group was a 8l decline in St. Paul adjustment 55 of 2000, off .about 4 points to a new year's low. United States Governments were steady. FOREIGN EXCHANGES. (Quotations furnished £y W. B. Co.) Nomtna gold valu Hibbs Selling checks London, Baris, iranc tens a udapest, pengo. rague, crown (nom.j Yaraaw: slowy . nhay Gefo.” crows Stockholm, NEW YORK BANK STOCKS NEW YORK, October 7 (#).— - <5 Big. Asked. 86 89 35% 140%; crown. crown. Peoples Nation TRUST COMPANIES. Hi Chelsea Bank & Tru: Chemical Bank & Trus Corn Exchan = Manufacturers’ Bt B 2 w':nchnm Title & Tr. 5 X Washington Stock Exchange SALES. Traction 55—$500 at 91. %I.D.lfll G:.l 6s “A"—8$500 at 102%. Potomac Electric Cons. 55—$2,000 at 102%. El 3 /s gwmwu !?lcect.rlc 551% pfd.—10 at 108%, 1 at 108%,. ington Rwy. & Elec. pfd.—2 at 98. m&u-flen;:x; National Bank—10 at 10 at 272. ufl?t‘;?' National Bank—10 at 200, 10 200. P;itznl-Ammeul Co. com.—10 at 30%, 10 at 30%. l(menuul":r Linotype—10 at 94%, 10 at 941, 10 at 94Y,. Real Estate Mortgage pfd.—200 at 6%. AFTER CALL. Electric 6s 1953—$100 at 103. Potomac Capital Traction Co.—10 at 55, 10 at 35. Bid and Asked Prices. BONDS. PUBLIC UTILITY Tel. & Tel Amer. Tel: & Am. 1 & Tel. Anacostia & Pot. & Pot. gua As ‘TRUST COMPANY. Amer. Sec. & Trust Co. (15) Trust (6). Contlaental Trust (8, oo o5 Wash. ). . SAVINGS BANK. | Bank of Bethesda (69 . erce & Savings (10) E:R"%lumn‘mn 1. c (10). y Savin et ke Vash? Meehanics (30} PIRE INSURANCE. American (12) Corcoran (10) Firemen's (8) National Unie TITLE INSURANCE. lumbia (6h) Sonl Eatate (1) Title & Inv. Co. L. MISCELLAN , Ine., com. Barber & ROIB.", Brd (h Belz. T o: pid. (6) R s TR Ter. Ref. & The_Carpel Corp (1. % X Woodward & Lothrop prd. (1).: *Ex dividend. e1%c% extra. B Books. closed. 52% extra nase extra. 72 extra. 3% extri Bean 9 %2 Allis-Chalm s '37. . | Am Sug Ref 6s ‘37 | Bell Tel Pa 58 B ‘43, | Bk Ed gn A 5s'49. . Lib3% Lib1st4% Lib 4th 4%s Us3y . US4s‘4d.... US4Ys'62.. 61132 FOREIGN. Argentine 58 *45 Argentine 5%s "62. Australia Austria Ts *43. Bk of Chile 6% s ‘57 Bk of Chile 6%s '61 Batav Pet 45 '42 Belgium 68 ‘55 Belgium 61484 Belgium 7s 65 Belgium 7 Belgium Bolivar 7s ‘58 Bolivia 7 Bolivia 8s '45 Bordeaux 6s '34. Brazil 61526 Brazil 6%8'27 Brazil §s'41. Bremen 7s '35, Canada 6s°'31. Canada 58 '52. Chile 6s ‘60 Chile 65 '61 Chile 7s *42 Chin Gvt Ry 6s 51, Christiana 6s '64. .. Colombia 6s Jan '61 Con Pow Japan 7s. . Copenhag 6s '62.... Czecho 8s '51 Czecho 52 Dan Mun 8s Dan Mun 8s B Denmark 4%s . Denmark 5%s '55. . Denmark 6s '42. Dutch East 1 Nov, El Salvador 8s '48 Finland 6%s 58 Krench 7s°49. French Gvt 74s "41 Gelsenkir Min 6s°34 15 German 6%s "65 German Bank German 6%s German 7s e Hungary T%s Irish Free St 5560, Italy 78°61.. Italy Pub Sv 7863, Japanese 45 31. ... Japan Japan Jugosl Bank 7s '57. N w® o a@nSaranE~ tatanBwnBammIn » A Milan 618 52 Netherlands 2. New So Wales '57. . New So Wales '68. . Nord 6% s 50, Norway 6s *4. - @ Poland 6s 40, Poland 7s *47 Poland 8s Prague 714 Queenland R Gr De Sul 6568 Rome 63%s'52. .., Roy D 48’45 ww. Sao Paulo 8s °3, Sao Paulo 8s '5f Saxon 7s ‘45. Seine 78 "42. Serbs-Cr 81 ‘54, 51%s'46..... Swiss Confed 8s *40 Toho El Pow Toho El Pow 2 Utd King 6% 837, , Uruguay glrusuu 8546 MISCELLANEOUS. Abitibi P & P 58 '53 Ab & 8t 5484 Adams Exp 4s ‘48, . Allegheny bs '44. Alleghany 5s 5 80 Am Ag Ch T3s'41. Am Beet Sug 6; Am Chain 6s '33, 42, Am T&T cv 434 5'39 . Am T&T 53 ‘65 43, Am W Wks 6a 34, Arm & Co 4148 '39 Arm Del 538 ‘43 Ass0 Ol 68 '35 At Gulf59s%. ., At Ref deb e o e PITEEI T TSI W o V-1V Bell Tel Pa 5s C '60. Beth St rf 55 *42 Beth St p m 53 '3, Bush T Bldg 5s '60. Cert-td deb 6% Chile Cop db b Y- TOTT TSIV De Edison ‘40... Det Ed rf 6s B '40. . Dodge Br col "40 Duquesne 43 ‘67 Fisk Rub "41...0 Gen Cable 6%s "47 Gen Motors 37 Gen PSv6%s'3 Gen Thea Eq 6s " Good Ist 6%s 47. Goody'r Rub 6s '57. Humble O1l 6 2. . Hum O&R 6%s '62. NIBTIistpfbsA.. 111 Steel 4%s ‘40 Inland Steel 4%s'78 Int Cement 5s°48. Int Hydro El 6: Int Match 58 °47... In M M col tr 6s Int Pap 6s A *47.. IntT&T 4% It T&T cv 4148 '39 260 ItT&TEs'85. . 20 Kan Gas&E 4%s ‘80 54 Kan C P&L 6s A ‘62 15 Kend 5%s'48 ww.. 1 Lackaw St 3 Lac G St L 63 '34. 11 102 14 10211 10211 298 10314 10312 10313 25 106 15 106 15 106 15 40 108 28 108 25 }(‘)g 25_ Lig & Myers 5s '51. Lig& M 10w Close 89% 89 88% 88y 93% 9a%, 98% 931 94% 9414 9% 95 9315 5% 825 8215 104% Man S 15t 7%s 42, McCormack 6; Mid St & O §s ‘36 Mor & Co 1st 4 Nor O T & L 6847 Nor St Pow s A 41 Nor St Pow 6s B '41 Paramount 6s '47 Pathe Exch 78 '37.. Peoples'Gas 55, Phil Pet 6% s '39 Pierce Oil deb 8s. Pillsb K M 65 43 Por R Tam 65 4 Pure Oll 5%8'37... Rem Arms 63 A '37. Rem R'd 6%s A 47, Richfi’d O cal 6: Sincl O 6%s B '38. . Sincl O 7s cv A '37 SinclCr 0 6%s 3 Sinelair P L 58 42 Skelly O1] 5%s ‘39 Sou Bell T&T 58 '4. SW Bell T 63 A '54. StOIINJ bs'46..., SIOIN Y 4%s'51. Tenn Cop 6s B Tenn i1 P 63 Tex Corp cv 8 Trans Oil 6145 '38. Utd Drug cv 6s '53. 144 Warner Sug 73 *41. West E) deb 58 "4, . West Un Tel 58 '51. West Un T 638 '3 Wh Sew Mch 6s *40. Wick Spen 1st 75'36 Wick Spen cv 7s '35 Wil & Co 1st 6 WInR A 7%s'41. YouSt&T6s'78,, Nat Dairy 5% s l‘.lli 1 106 106 106 128% 123% 123% 117 116% 117 101% 101 101% 89 89 93% 934 934 $11 3T 105% 106% 105% 321 81% 31% 101% 101% 101 108 1021 103 84% 84 84k 101% 101 101% 110 109% 110 114% 114% 114% 4 102% 1025 1021 107% 107% 107% 111 110% 111 104% 104% 104% 103% 108% 108% 1074 106% 106% 103% 108% 103% 106% 105% 105% 103% 103 103 107% 107% 107% 100% 100 100 4% 47% 4T% 106 105% 105% | purposes 102% 102 97 96% 95 95 95 106 106 106 106% 1064 106% 83 83 85 8 85 102% 1027% 102% 108 103 103 9% 99 9 96 98 103% 102% 102% 104% 104% 104% 102 102 102 102% 102 102% 96%2 95 96% 106 1056 106% 106% 106% 104% 104% 104% 100% 100 100 100% 100 100 107% 107% 107% 102% 102 102% 109% 109% 109% 101 100% 100% 1% 69 69 102% 102 102% 40 40 40 87 87 87 94 94 9% 9% 7% 76 104% 104% 104% 104% 104% 104% 10474 104% 104% 110 109% 109% 40 40 40 Ty T ( i8 18 ‘18 101% 100% 101% 103 103 103 14 104% 103% 103% 102 97% N e . L L RAILROAD. Atchison gen 4s '95. Atchison cv 448 48 Atch Ariz 43 AtC L col 48 '52 AtCL 1st 4s'52 B&O4s'48. | 47 100 16 98% 98 98 20 124% 123% 124% 1 103% 103% 103% Development Held to Indi- cate Trgnd Toward Return to Normal Business. Special Dispatch to The Star. NEW YORK, October 7.—The volume of new securities issued for productive purposes in 1930 has been higher than at any time in the past several years, g to Moody’s Investors' Service, which finds this fact an encouraging index of future business activity. The amount of ‘“productive” issues has been determined by selecting from the total of domestic tions of new capital (less refunding) only those issues which were obviously destined solely for capital expansion and im- provement. Issues of indefinite purpose or those floa for - working capita) or for acquisition of other companies or inve: nts were elimi- nated from the compilation. productive domestic issues of all kinds amoutned to $2,226,700,000 during the first half of 1930, or more than at any time since 1927, even al: lowing for a normal annual b $TATT 000000, as ‘agminst. $L57510000) 477,600,000, as ,572,700,f in 1928 and $1,979,100,000 in 1927. capital declined from 59.7 per cent in 1926 to 52.8 per cent in 1927, 45.4 per cent i 1928 and only 29.7 per cept in the first {nine months of 192%. wiuve tne final quarter of 1929 the ratio has increased to 57.5 per cent. Non-productive issues, comprising securities for financing the acquisition of existing properties or for roviding funds for investment or work- which prevailed in 1926 and 1927. Moody's regards this development as e aintenance of Durchasiag power by m: nance of pul power, in the long run, depends on the steady flow of new capital back to the con- sumer through additional em) cmtedwby x}zw heo?ltru:u’ot; expansion of plant capacity. 5 “Since the capital available each year for the purchase of new securities pars tially represents the profit which have not beex;:&e!nt dmch -'mm year on consumers’ , mu iven the question of how large ge of this margin is returned hands through new con- “If the recent trend toward a gain in productive issues at the expense of non- productive securities is continued, it must be considered & _decidedly “en- tendency and a forecast of employment and business re- covery. Considerable time will bly elapse, however, before the itive re- sults are actually experienced.” i cour: 2 9% 9% 9% 5 9% 9TH% 9TH 9 9T% 9T 9Tu 99% 100 23 101% 101% 101% 8 104% 104% 104% 3 109% 109% 109% ' 12 105% 104% 106% Bush Ter con bs '55. Can Nat 4%s°54. .. 57 Can Nat 6s July '69. Can Nat 53 Oct "69. . 8.5 Can Nor 6% s db*46 Can Nor 7s deb ‘40. . Can Pacific 4% s °60 Can Pac §s ctfs 44, '38 Cent Pacific 5s 60. Cen Ry NJ gn 55 '87 Ches Corp b3 BE. Ch M St P&P 58 76 « 17 100% 100 28 1034 102% 1023 | Calit 15 78% TT% % 112 100% 100 100% 1 104% 104% 1043 8 95% 95% 95% 1101 101 101 15 100% 100% 100% 15 100% 100% 100% 10 101% 100% 100% 38 106% 105% 106 105% 105% 8 101% 101 101 4 118% 118% 118% 1 113% 113% 1131 5 90 89% 90 33 100 99% 99% 1 105% 105% 105% 2 102% 102 102 2 101% 101% 101% 2 115% 115% 115% 100 5 105% 105% 105% 9 102 102 102 37 102% 102% 102% 2 104% 104% 104% 3 79% 9% 9% 6 9T% 9T% 97% 10 103% 103 103 187 Ch M & St P adj bs. 255 Ch&NW gn 3%s '87 Ch & NW gn 4s '87. 2 IHHIRRRR z z 299292029 55 68 98% aqQa 5 C& W Ind 534562 Cin U Ter 4%s'2020 Clev Term 68 '73 Clev Term 5%s'72. Colo & Sou 4145 '35 Colo Sou 4% 70 Con Ry 435 '51. Cuba R R 65 '52. Cuba RRrf 734, Cuba Nor 5%s ‘42 Del & Hud rf 4543 Del & Hud 5%s 37, D& R Gr zn 45 '36. D&RGr4%s'36. . Den& RG W Gs '55. T9% DRG&Wst5s'78 '20 91% 90% 91 DuSSh & At 5s'37. E Tenn Va&Ga Erle 1st con 4s Erie conv 4s (B)... Erie Gen Erfe 65 1967. ... Erfe 65 1975. Fla E Coast 58 '74. . Fonda J&G ¢%s'52. Gr Trunk 7s°40. ... Gr Nor 414876 (D) Gr Nor 4%s*77 (E) Grt Nor 1st bs. Gr Ner gen 7s '36. Green Bay deb B. Gulf Mobile 5s ‘50 Hav EI Ry § Hud & M adj 63 '57. Hud & M rf 58 '57.. Illinots Cent 4s *61. 111 Cent 48 '53 4 Il Cent 4% 5 ‘66 111 Cent 58 °55. 111 Cent 6%s '3 Int & G N ad 6s '52. Int RysC A 55'72.. Towa Cent 1st bs '38 50 City Sou 6s '50. Kan City Ter 4s '60. Lake Shore 4 L&NI1strfbk%s Manh Ry 1st 4s°90. Market St 78'40. . . MilE Ry & L 68 '51. Mil E Ry & L 68 '61. M StP&SSM con 2% M StP&SSM bs gtd 104% J04% M St P&SSM 6% < 17T 44% 44 1 6 68 97% 9% 1 108% 108% 108% 1 109% 109% 109% 19 7% 17 26 97T% 96% 96% 2 85% 85 85 1 103% 103% 103% 1105 105 105 8 115% 115% 115% 5 92% 921, 92%4 20 105 104 5 104 4 108% 107% 107% 1 110%-110% 1108 6 101% 101% 1011 99% 995 995 99% 100% 67% 6T% 0% T0% 4 45% 45 45 44 97 96% 97 3 105% 105% 105% 15 97% 96% 974 3100 100 100 57 91% 90 90 1 75% 75% 175% 4109 109 109 7 89 88% 89 1 86% 86% 2 84y 84y 925, 92% 92% 921 38 38 3¢ 34y 2 112% 112% 1124% 16 101 100% 100% 23 100 46 111% 111% 111% 10 244 244 24% T-99% 99% 99% 44% 4 103 103 103 27 834 82% 82y 5 102 101% 101% 2 ’98% 981 984 11 91% 91 14 18 93K 925 92% 22 101 100% 100% 107 SHORT-TERM SECURITIES. . (Reported by'J. & W. Sellgman & Co.) Allfs-Chalmers Co. 5s 1937, American Tel. & T¢ American Thre; saEaEsasd Good: & R 55 195%. GPand Truk of Conade 85’1636 1 Gulf Oil of Pa 5 9 I N. Je i 1N, vg'f'«,fi g Oil 5 e Ohrateh thwes! = 99 gt Ry. % Vhion oif Go- of ‘Galif” ' 1038" 1ht gn;‘g’e"ammu. "Go. €8 1983000 100% e i "B Shell Union Sinclair Crude ndard Oil 3283 o EERES, i o 108 285535, 35 M StP&SSM 6% MK &T 1st 43'90.. MR&T4%s MK & Tadj 6s’67.. Mo Pae zen 48'75. . Mo Pacifie 5s F “77. Mo Pacific 58 G 7! Mo Pacifie s H '80. Mo Pac 5% s cv *49. Mont Tr 1at 6s"41.. NCh & St L 4s 78 Nassau Elec 4s 51. NOT&MES A IS, NYCen3%s'97... N Y Centdb4n'34.. N Y Cent 4% 2013. N Y Creim 52013 N Y Centdh6s'35 . 6 107% 107 NYCLScl3%s 9 R4% B4Y NY C&StL 4% 78 206 97% 96 CA&StLE%sA 8 107% 107% &StT,5%=B. 6108 108 t T, Rs"21. 6 1021 10214 &StL6es"32. 2 102% 102% 3 101% 101% 1 92 92 40 9% 99y £ 100% 100 B0 8012 . 80 51 102% 1014% 13 101% 101% 55 101% 101% 2107 107 100 50 103% 103% 14 1087% 1087% %227 1<4fi Qa2 'S H db 4s ‘57 :Hl‘fin’('l. 37 97 97 'H & H elt 63 O&W 1st 43'92. 2 O&W gn 4s'56.. 1 NY Rys inc 65 '65. . 5 4343359 i3 20 963 5 101% 101% 1 106% 106% Nor Pacri6s2047. 12 114% 114% Ore Short L s ztd. Oreg-Wash 4s'61. Penn gen 4165765 . Penn 4% s . Penn 4% * . Penn gen & Pem\ll“; :' Penn 613" . Pers Mar 415 80, Pere M 18t 52 '56. PCC&SILERA.. P& WYV 4%=C60. 1 Port Flee 6847, . Port Rv 5842, Port Ry L&P 65°47. Por R L&P %3546 Read xen 4348 A 97 Read Jer C'en 4s. Rio Gr W clt 48 Rio Gr W 1st 4839, RTAr&L4%s'34. St L Ir M'nt ST, TM R&G 48 2 109 109 4 95% 95% 10 103% 103% 20 102% 102% 75 100% 99% 5 112 112 22 1054 104% 10 110% 1104 K 102% 102% 3 104% 104% 2 105% 105% 1106 106 105 10 108% 108% 3 102% 1025 94 6 101 100% 23 101 101 24 100% 99% % 8 wi. 148 92% 92 ° 1103 102% f 99% 908 1w Seab A L e Seab Al F16s A Sou Pac col 48 °49.. Y% 5 101% 101% 101% 12 77% 17 7 2 69 69 69 22 22 2 22 10 98 98 98 26 81% 81k 81% 8 103% 108% 103% 6 95% 95% 95% 25 100% 100% 100% 5 98% 93 & 3 101% 101% 101% 5 98% 98% 98% 9 106% 106% 106% 1 106% 106% 106% 2 5% 55% b55% 4 92% 92% 92% 1 105% 105% 105% 19 108% 103 108 12 91 90% 16 99 984 1 8 82 1 97% 96% 96% 25 100% 100 100% 10 100% 100% 100% l: 102% 102 “102 ' 1128 123 123 ° 1 1074 107% 107% 1 108% 1084 108% 110236 1021 1023 S 28725 284 29 20 98% 98K 98% 10 93% 9% 98 2 96% 96% 96Y 12 102 101% 101% 11 108% 108% 108% 2 102% 102% 102% 3 90 89% 89% 1 102% 1025 102% 43 92% 92 92 2 104% 104% 104% 5 99% Un Pac 18t 48 '47 Union Pac 4s ‘68 2004 Wabash 4%s5'78. .. Wabash 1st 65 '39. Wabash bs B ‘76 Wabash 5s D '80... bash 58 ‘75 0% W = West