Evening Star Newspaper, October 8, 1930, Page 15

STOCK AND BOND AVERAGES By the Associated Recejved by Private Wire From Yesterday's 5:30 Bdition. Direst to The Star Office NEW YORK CURB MARKET ISMALLER EARNINGS BETTER AUTO FUEL Brazilian ed. T 911 Al Tnvestors cv ot 108 AlaGrSoupf (17).. 108 1 16 “ AllAmGen Corp. Aluminum COCO: Am, e Utilities Bear Brunt of Selling | 3¢ Pressure—Foreign List Declines. - Am Cigar Co. 85% Am C P&L (A) (a3) 124 AmC P&L B (10%) 2014 Am Colortype Co. 17 Am Com P A (b10%) ‘34% AmCom P B (10%). 12 AmCyanamid (B).. and replaced 3 Am Dept international 10% Am Equit! BY JOHN A. CRONE. Bpecial Dispatch to The Biar. of pubiic wiifies and Tiscel e ul - leous lndu‘::dm soon was erased on Curb Exchange today with heaviness in most = St ovtoaer 1900 - 19 S9! - - weaBee 50 Am Laund Mach (4) 52% Am Lt & Trac (3%) 28% Am Maise Prod (2). Am Marieabo. Am Natural Gas.... AmStPS8 A (1.60).. Am Superpow (1),., Am Superp pf (6),.. Am Buperpwr 15t(6) Am U &G B vte w0 & = - S = LR TR TIE> P T T T ading amounted to only 185,300 shares against 430,500 in the same period Tuesday. When traders learned that Brazilian ecommunications were being strietly cepsored and that only favorable re- ports were passed on to the outside A world, ‘they began & A o Power, which broke to a new Art Metal Works (1) level for the year. e ) Brasitian Traction & Light for a time oo i felt_the combined effects of London o -, Ty (7YY % 6% TH 2 B50% 4d% Atlas Util Corp, Bahia Corp. Bancom Cor, A Bell Tel of Can (3)..126s Bell Tel Pa pf (6%). 258 Bliss (E W) Co (1).. Blue Ridge Cp (40c). Blue Ridge cv pf a Blyn Shoes Inc. Brazil Tr & Lt (h2 BritAmTo B 98 1-10e - Bureo Inc...... Burma Corp (13 Camgden Fire Ins (1), o 18t pf (1% ) 2258 Cent Pub Sve Aal75 22 U. S. COTTON CROP ESTIMATE IS HIGHER Condition Placed at 58.5 Per Cent of Normal in Latest Figures. -Chain Stores Stock. . Chat Ph Al nv (50c). Cheesbor Mfg (15%) 24% Cities Serv (g30¢), ., 93% 90% Cons Gas Balt (3.60). 80% 19% ConsGas Util A 2.20. 16 10 Consol Laundries(1) 240 186, Cons M &S (1123%).. 8% 1% Cons Theaters.. . 68% Cont Shares pf B (6). 17% 6% Cord Corp,..... 20% 7 Corroon& Reyno! S bt AR A = 751 3 2 2 &0 1 6 1 2658 1 6 3 5 8 20 17 16 Diamond Match new. Dia Match cu pf (). 17. 7 21 42 4“4 48% 18% 23 - Duval Tex Sul wi. Bast G & ¥ Asso East St Pow B (1) East Util Asso (2) East Util Inv (A). Etsler Electric Corp. 117% 58% ElBond & Sh (b8). .. 109% 108t £1 Bond & Sh pf (6 98% 924 EI Bond & Sh eu p! . Blec Pow Asso (1) Elec Pow Asso A ( El Pow & Lt op war.. Elec Sharehold (11). El Sharehold pf (a6) Empire Corporation. Emp G&F cu vt (1).. % Engineers Gold. ..... Europ E Ltd A (60c) Evans Wallow Lead. Fabrics Finishing Fajardo Sugar. .. & Falcon Lead. . 5 Fedders Mfg Co (A). % Fiat Stock debrts. .. Flintkote (A) (1%)., Ford Mot Can A 1% Ford Mot Can B t1% Pord Mot France 28c Ford Mot Ltd 37% 5% Foremost D P pf 1. Fox Theater Cl (A Foundation For 8 Garlock Pkg (1.20) Gen Alloys (80c). General Aviation, General Baking. Gen Baking pf (3)... Gen E Ltd ret (50¢). Gen G&E fi:" B (8) 1008 Glen Alde®oal (8). 5 Globe Underwriters. Gold Coin (new). ... Gold Seal Elec new. . Golden Center. . - Sromee nSammo o SRR g 1 i Ll ) e 2 --.-«5—-;;%-;: & siirete i oS, ey EEREE i So8 S g g g genBEeanntands 8, (. .:g-v SEE 2009 iy ® S=sEE! & ) $ H 3 3 B F ¥ g ;ggp ;’-‘.‘..' S g3 usigh o R WIS TR ti $88 ZerE 5 g -’f;r;, 8% 4 e gegeas ESasseys! o o3 Lo S8 i 4, 8 Fe sse888 & 2eseenss > Sk g 3 255 :’“r 5 3 I3 2823228088238 2! Graymur Corp. GrA&PTopt( Groc Strs Prod Guardian Inves Gulf Ofl of Pa (1 Hecla Mining (1)... Helena Rubenstein. . Hollinger Gold (60c) Houston Ofl of Tex. Hudson Bay M & S.. Humble O] (2)...... Hvdro Elee Sec (2), . Hygrade Food Prod. Imp Ofl of Can (50c) Ind Ter 111u 011 (A). Ind Fin ctfs (b10%). 1 Ut (th10% %) NAm (13).., rance Sec (1.40) Int Holding & Inv Co Intl Hydro El A war. Intl Hydro cv pf 3% int Petroleum (1) Internat Product, Internat Super (f1) 6% Internat Util (B). .. 5% Interstate Equitfes. . 9% [rving Alr Chute (1) 5% I[talian Superp (A).. 2% “Ttalian Superp war. . SUGAR PRICE COLLAPSE AFFECTS CUBAN REVENUE By the Associated Press. A comparison of the values of United States imports from Cuba in 1920 and those in 1929 reveals the tremendous loss in nationsl income which the is- land has suffered as a result of the collapse of sugar prices. In the interim the price of sugar has dropped from around 23 cents a pound to 1 cent a In tes paid Cuba approximately $T20. ,000 for products purchased from , principally sugar, while in 1929 Bgure had fallen o $307,000,000. the of Com- SLSLLLT T ;528 uRug> W p 8 2 L 3=g8uEeSEs! I TE WIS T eg=tiategs W SREESSE ik b 233272 20IRIR 3 33 oy e J‘Esi & F FEIT S ] 2322333832 283833 23 Add 00. Open. Migh. Low. Close. 14y 88 the earlier period the United ent, 12% 31% ~Prev. 1030.—~ Stock and Sales— High. Low. Dividend Rate. Add 00. Open. High. Low. 30% Lackawanna Sec (4). 8y 88% 38 1218 1 onard Oll..... T Lily Tullp Cup (1%) 188% 188% 2 2% 2% 27 4 105 20 14 1 8% 31% Long 86 Louisiana Lan & Ex, 1% Marconi I Mar (38¢). 9 Mass Util As: % Mavis Bottling,... Mead Johnson (14%) Met & Min Ino (1.30), Mid Roy ev pf (2)... Mid = sude TRRPRIPYN | B Jae e TR TSP Mount 8t Pow pf (7). Nat American Co. Nat Aviation, . Nat Baking Co..., Nat Fam Bt b33 % Nat Fuel Gas (1) Nat Investors, Nat Pow & Lt pf (8). Nat Pub 8v A (1.60), Nat Rubber Mach(1) Natl 8T Sec A f50e. . » S 000409 0004 14 IO 00 01 0080 AN Nelson(Herman) (1) New Eng Pow pf (6). N J Zine (1234)..... New Mex&Aris Lan Newport Co (3)..... N Y Hamburg (%) . Niag-Hud Pow (406) ud Pow A w.. - No Am Cement. . Nor Ind Pwr 8ve(s. Nor 8t Pow pf (6)... Ohio Pub Sv pL A (1) Pac G&E 1st pf (1%) Pac Pub Bv ( - T NN OHENE S oo R e 3 101% 1003 p Bare? 5P 108% 28% 28 1% % - Paramount Penn Gas&El (al¥ 8% Pennroad Cp (30¢).. Penn Pwr & Lt p£(6) Penn Wat & Pow (8) Peop L& P A a2.40., Philip Morris Ine. Pilot Rad Tube (A) Polymet Mfg (bé%). Pond Creek Pongl Prince & Whit (30¢| Prince & Whit pf (3) 4 14% 9% 68! 2% onneenaSan Richman Bros (3). Rock Lt& P (90c)... 9% Rolls-R Ltd rct t50c. Roosevelt Field Inc. Ros Int Corp.... Royal Corp pf(11.80) Royal Type (13%).., St Regls Paper (1).. 8alt Creek Prod (2) Saxet Co. » Schulte Un 5¢-31 St.. Seaboard Util (50¢). Sec Corp Gen (40c).. Seg Lack & H (50c).. ™ SonmunnsnoabrunR soBane Sou Pann Ol (123 ), SoCalE4pf B (1%), SoCal Ed pf C (1%). So Col Pow (A) (2) Southern Cor| fading ... Stand Inv ptf (5%s) Standard Moto: Stand Of] Ind ¢ Stand Of1 Ky, (11.8 Stand O Ohio pf (7), 21 Stein Cosmetics. ..., Stromberg-C (11%), Strook & Co (1). Stutz Motor Car. SunInv,...... Sunray Oll (40¢c) Swift & Co new (2) Swift Intl (13%).... Tampa Blectric (32), Teck Hughes (60c)., Technicolor Inc..... 44% Todd Shipyard (4). Tran Con Alr Tra: Trans Lux DL P Tri-Cont Corp (war, Trunz Pork S (1.60), Tubize Chatel (B).., Twin 8t NG A pt (1), Union Am Invest 3 t 'S Utd Corp (war) Utd El Sv pr war. . 4 Utd Found b2-35 sh. Utd Gas Co (new).., Utd Gas (war) Utd Gas pf (7)...... Utd Lt & Pow A (1), Utd Lt & Pow B (1). Utd Lt & Pow pf (6), £ T T L I RIS ST TSPt Int Bec 18t (5) & Overseas war. 8% 8l 4% 13 Utllity Bquitie: Util Pow & L U 8 & Overse: 66% Vacuum Oil (4)... 28% Walgreen Co. . € Walker (H) (1). 1% Watson (J W) Co % Wenden Copper. .... & & 4 Wil-Low Cafeteria. . % 5 21% 8% Zonite Products (1). % M 9 Dividend rates in doliars based on lsst quarterly or semi-annual payment. * Ex dividend. cash or stock. b 5% in stock. 2% in stock. 8% in stock. NEW SECURITIES NEW YORK. October 8 (#).—New securities offered today include: City and County of San Francisco, $54,000,000 4% per cent bonds, due $100,000 annually July 1, 1938, to 1977, inclusive, priced to yield 4 per cent, by 30 6% 1% 6% 1 1% 1 «2% NEW YORK BANK STOCKS NEW YORK, October 8 (#).—Over- the-counter market: m , by Halsey, Stuart & Co. Philadelphia Suburban Water Co., $1,800,000 first mortgage 4%, per cent bonds, serially due 1970, priced to yield more than 4.55 per cent, by Drexel & Co. Mercer County, N. J., $1,768,000 4 per L T S Trom 3.25 'to 390 pe Budbetas X O CAUSE STOCK DROP i@ | Third-Quarter Reports Re- for an upturn. Many of have become umun‘ed and recently have beenml:llln‘ stocks at the best prices e m’l‘mfl"s a third factor that is grow- ing in and that is the 2% | ered and moved up sult in Heavy Selling of . Shares. Special Dispatch to The Star. been walf f them STAND foreign one. Stocks of many sound companies are affected by adverse news from various countries which they is the one the mob psychology is all on their side and who Dn.re taking advantage of it to reap huge profits. Exchange Makes Inquiry. ‘The New York Stock Exchange, in Says Republic Official. % | taking official notice of this so-called “oversold” condition, has started an in- vestigation through its business conduct | my the Associated Press. committee. The stock market may be conva- lescing, but it's still pretty sick. Scan the record of some stock favorites s |no purpose. year and today. g s e 15 a firm intention of main- nited Corporation sold for $65 | taining - a share /ear ago, now it's $26; Gen- | ers of ] are equally interested vm: $90 then, now $60; in-the success of this policy. (7] nternational S FARM BOARD RELIEF Telegraph $201, now $200. ‘These are but a few. It's better to consider the avi , for they tell a composite, roun: story. tnds L s e Advances Include Credits to Grain, Cotton, Citrus and Other Interests. down to 198.69. By the Assoclated Press. i amount; a) sistance point of last November? ad are within 4.07 points of it now. agrl That's the would give a rellef qa::y closely in the pext few days. The original approp: by - Standard Stocks. was & revolving fund of $250.- 000. turnover, i. e., funds that “I have 16 standard stocks, all of e d reloaned, which, on the market, show & loss e 00,200, i i e Ko e i | 2 A " Miscellaneous items include emall made to co- ratives dling pecans, ho-ne;?edned InnlE, figs, £ § 7] Bl i t i ] g B esent purchases of com- 'fl'm"" thrguzh stabilization remainder on h:w‘oomooo is already committed relief or another, while but $10,- uncommitted at present. amount now utstanding $30,200,000 loaned to the grain tion corporation through New and Chicago banking institutions. sum, when repaid, will be added level of $28, there-|to the m\:lndeoflmnbec‘l’ éln‘ndo :n:n dl?\s hmmdd on the former | The outstan 55" o atar vidend | wheat includes about $30,000,000 ad- vanced to co-operative mi g as- sielt E 3 le argest public utility the world, In 1924 the International Telep! & Telecrlfil sold around $70 a and paid $6 annually in dividends. 1920 the stock was split three for one. ES 1 i open market and through co-opera- e In price from $1 to $1.35 hn‘l% in :“\::flhd. ldl.n‘:;’of cotton purchased with proximately 1,300 DIVIDENDS DECLARED NEW YORK, October 8 (P).— ‘Holders' . of record. Qct. 18 000 bales. dividing up the Standard Oll m?nhl The Standard Ol of New York is a $700,000,000 concern, while the Vacuum Oil is a $200,000,000 one. Up to 1926 the Vacuum Oil confined itself largely | to the fleld of distributing Iubricants. B Then it spent millions to buy out _cer- | Lawsers' Title & tain retall ofl stations in New York, “Acoin, Pr oo and has since spent a great many more Loews, Boston The.15c millions in expanding this retail busi- Mexican 3% & rou | & ness, o Lid 7% Bt ‘Walter Hines, who sugceeded William , Mass Inv Trus G. McAdoo as United States director M"fl":’" Drue general of railroads, is one of the coun- yixes iasbie sel for the Stun‘dn';d ?su. * | Mich Gas & B o The business interests are followi »; 3 the case closely in the hope that t'r‘:g;";‘,’ T outcome glll ac{ll more liberalize the Nonh'vg & e u_Ry :.;‘cfi-pl:enen of the Sherman anti-'geh o5 “Eliminate destructive competition,”| Bo: 84 said President Hoover to the American oOrel Federation of Labor gathering at Bos- , “but maintain that degree of com- petition which induces progress and protects the consumer." ; The_drift ‘s unmistakably toward a reinterpretation of the Sherman anti- trust laws. 4 Wheat Situation. There are forces moving into the wol,ota wheat market that may have a very| Tel A ... vital effect on Stock Exchange prices. = | Wrisht (Osc It the wheat situation is taken in| hand and prices stiffen, it may be the | phua Co beginning of the stabilizing movement | Western in raw mal B ™ to market. ‘Wal price mm e the stock :rf:'h::!.ml 1t may point to some- L PR e Varnish A 80c AT el Ses i 4.1 22 000200 poo 0o 0OOOD FY oD 00 DD © RRRZ0D pooD : United of Jtaly n 1oan. News- Stock. (Copyright. 103087 Alfieneer ™ " ™" | goutn ‘Am Alrlines ()" s Omitted. FOSTER-WHEELER CORP. "'r YORK, October 8 *t.n—-uub 3 t Foster- B. president of R o e S able international action, stockholders accept price placed on their stock. STOCKS. TOTALS $265,400,000| Government aid amounts to ap- | 55 1 | Brussels, bel 1 m&' “Il it S ENGINEERS' AIM Industry Keeps Pace With Requirements for High- Test Gasoline, BY BENNETT WOLFE, Associated Press Stafl Writer. (Copyright, 1030, Standard Statistics Co.) Special Dispateh to The Star. IN STEEL INDUSTRY o225 Corn—No. 32, » Vel 1.04aios, .gg corn, 5.2585.50. “o-u-wnm,' No. 3, new, 46%; No. 3, CHICAGO LIVE STOCK MARKET o SEI0AGO, October 8 (A (United States u' of Agriculture) s,ng Mfl.ufl strong to ls lll‘!’;ol:)e_t; packing sows, 15a25 up: top: :4029.50; 140-160 pounds, 9. 160-200 -250 Teasy welatts 250.350 184" Wi B m.fi%’: ekl.nl 5a10. weight, 100081040 fum 10.25010.60; 3 gf ¥ ggfis £ i Bt : ! ) 1,300 mnmfihl’ 5 pounds, 9.25a12.25; c edi {Ofll 3 Stocker and feeder cal 3 and cholce, :m poun ”25’ 7.2589.00; on “’Sahze ), fi,m head—Gen er; native : lambs, mostly 8.60-8.75 to packers; few 9.0089.25 to city butchers;. rangers un-| sold; ‘best held above 9.25; feeding| off lambs, 6.50a7.00; choice held hm L —— GRAIN MARKET OHICAGO, October 8 (Special).—The and common, 1.00 | wheat market 3 67-75 pounds, | reflecting the was ligh Allis- ers Oo. 6 Amerfean & Tel. merican ad 1 Baltimore & Ohio Batavian £ JC X A . Money to Loan pgp ot g e o g Joseph . Weller 3738 % 2 3% S Samer o ol mlinypirsiines SUER QLS Bons I 100 108 ) owest Rt of nterest andt Comsion EEEREYE 8 Thomas_J. Fisher & Company, Inc, 100% “REAL ESTATE LOANS Made at Low [nterest Rates s 1953, 93 —- FOREIGN EXCHANGES. lapest, pengo. Pra 2 s, crowm f-bmf Secured by First Deed of Trust on D, C. Real Estate | Corcoran Fire Insurance Co. 604 Eleventh St. N.W. Money on Hand to Loss on First Deed of Trust