Evening Star Newspaper, October 10, 1930, Page 14

BgEH 5 H " Shor, ling Not Blamed for| New Lows on Market Yesterday. - BY JOHN F. SINCLAIR. The New York stock market yester- | day had a bad day. The Dow-Jones in- | dustrial averages wers broken through to reach 192.00 as'against the November lows of 195.35 and the last Junc lows of 204.47. 'l‘wenty n;ndnd raflroad stocks, ac- he Dow-Jones averages, went down 236 points, and utilities 4.02 points. . This, in spite of the fact that the brokers' loans showed a decrease of $158,000,000 and are now dow: to $2,- 905,000,000, the lowest since 1927. Probably the failure of Prince & ‘Whitely, a New York Stock Exchange house established in 1878, which has nine branches throughout the country, was laj the cause. m'fi.’fidm stocks went - with_the | rest, None was spared. FEve: ing went. The cheap stocks and the blue chip stocks all slid together, and the closing was soft. 'l'he stock market decline today was due to distressed selling, and not to short selling,” said one large trader to me. “One very smart group of British traders hlve been selling stocks for the last 10 days and Zumms their money into cash. , has affected the market.” Will today be another hectic, hair- ralsing t'ly? Yesterday was more than that. It was, in addition, discouraging and demoralizing. “Unless something unforcseen hap- pens, the market is due for a rally,” con- tinued my trader friend. Further than that he would not commit himself. But the bulls secem tired after two ‘weeks of battling sgainst the tice. ‘Which reminds me of the story of the it naturalist, Charles Darwin, who vlded an .qu.rlam with a clear-glass He put a lusty pike in leeflnn and one WS lnbou:xe oth‘;n 'nn plke would strike every time a min- ipproached the glass partition. nflu n—’:s less. After three months of to take menly'hatloodmdmmaedlnnom 'm?:; Darwin removed the glass par- tition, the minnows swam all nound the £ i g : : i figg s 59; i | *E i 2 ¥ Be Europe t> co-operate with European interests in sugar restriction. ‘With Cuba out -of the way, this New York lawyer will leave soon to attend an_international sugar conference in Holland. But why Holland? Because Holland interests ccntrol all the sugar production in Java. If this can be restricted it is felt that the rest of the world’s sugar countries can be handled easily. Cukan holders of sugar will be re- paid through loans, based upon the sugar itself. which will be held as col- hwll. ‘The proceeds received from the sale of one-fifth of this surplus placed on the market each year .w“lfi" be used to retire the loans. made Au,fl‘ Hquidate the obligations. 's the field of internaticnal co-operation. (Copyright. 1930 by North American News- paper Alliance.) SEAT SOLD FOR $260,000 William Schall & Co. Retires, but Business to Continue. NEW YORK, October §0 (m —'rne firm of Willlam Schall & C: New York brokerage house, lus re- ga e membeuhln in the New York 'n e, the seat haying been D‘ & Co. for $260, A. Noyes of Dlvid A ‘The business of firm will be continued. E. A Pierce & Co. has takensover lo! N the Boston office of Willlam Schall & Co. . BOERSE IS NERVOUS ‘BERLIN, October 10 (#).—The the political still nervous over 'D_ rnte 35% l 2874 0% 17% 131 3915 8 oy 197% 19% 5% 1 15‘ 92 33 448 R6 6% 148% 1231 i 263 115 70 5% 4Ry . 113 231 11 108 1% ATy 84% 97 36 [114 113% 114% 49y R1% 9 1!8‘4. 159% 521 um 4!‘& 16% 72 2 % 103 30 130 93% 94% Pere Marg prpf’ 22% 17% Pet Milk (1%). (Continued From Page 13). Stock and ider Tnsurance Sh (45c) 914 Tns ctfs (Md) (§0c) 20% Interboro Rap Tran. 29 Interbor Rap T c.0.d. 15% TInterlake Iron (1). 3% Int Agricultural. 49 Int Agricul pf (1) 141% Tot] Bus Mach (x| 10, Tntl Carriers (25c! 55 Int] Cement (4) 3% Tntl Combustion 611 Intl Harvester (2%). 30% Tntl Hydro El A (e2) €5% Intl Match of (4).... 18 Tntl Mer Marine (2). 18 Intl Nick of Can (1).1298 45 Intl Paper pf (1) ..200a 10% Tntl Pdper & PwrA.. 32 51 Tntl Pap & Pow (R).. & 45 Intl Pap & Ppf (1) Al 4% Tntl Salt (3)., Loar 531 TInt Shoe (3). 4 2515 Tntl Tel & Tel (2)... 281 18 Tnter Dent Strs (2).. 34 - 60 Int Dpt St nf xw (7). 308 8% Investors Eouity (2) 15 1 Towa Central. ..1008 28 Island Cr Coal (4)... a2 Jewel Tea i14)... 6515 Johns-Manville (3).. 113 118% Jones&T.augh of (7 l50- 12" % Jordan Motor Car KC P&L 18t pf B (6 58 Kan=City Sou (5)... 8% Karstadt (R) (1.03). 161 Kaufmanh DS (13%) 1614 18% Kavser Julfus 2%). 17% 1% Relly-Snring Tire. 2% 2 16 Kelly-Snring 84 of. sno- 1 218% K Hayes (2)... 42 21% 7t Kelvinator Corn .. 8 50 Kend Co pf (+6.37). 50 715 Kennecott Copner(2) 178 27 47 Kimberlv-Clark (43) 2 44 20 Kinney (GR) (1).... 1 72 Kinney (GR) of (3). 20a 1% Kolster Radin. . 50 7% Kres=e Dept Store 1 45 Kresee Dent Stpf... 50x 261 Kresze (SR) Cn160." 32 108% Kresge (SS) of (1).. 50s 50 Kress (SH)Co (p1). = 23% Kreug & Toll (1.60). 172 21 Krog Gr & Bak (n1). 163 761 Tambert Co (8 . o8 231% Lane Bryamt. 4 Lee Rubber & Tire, 102 Leh Port Cem pf (7). !o- 7% Lehizh Valley Coal.. 22% Leh Val Coal pf (3). 54 Lehigh Val (t4%4) 61 Lehman Corp (2). 224 Lehn & Fink (2) 15 Lib Owens F G (1). 85 Liggett & Mver (+5), 85 Tig & Myers B (45).. 20 Tima Locomotive. .. 46 Liquid Carbonfe (4). 42% T.oew's Tne (3)...... 85% T.oew's Tne pf (6%). R LoftTne.. T4 Long Bell Lumb (A). 50% Loose-Wiles (42.90) . 15 TLorillard (P) Co 7 Toulsiana ON... RN% LouGARB/A) (1% 106% T.ouis & Nash (7)... 15 Ludlum Steel. 23 Mac And & F (12.35). 3% MeCall Corp (23%) B4 McCrorv (B) (2).... 14% MecIntyre Pore M (1) 61 McKeespt T P(15%) 18% McKesson & Rob (1) 35 McKes&Ropf (33). 11 McLellan Stores. 46% Mack Trucks /8), 109 Macy & Co (nt3). 25 Magma Corper (3).. 4% Mallizon & Cn 65 Mallison pf (7). 24 Man Elev mod & (45) 9 Manhat Shirt (15.... 1% Maracaibo Ofl Exp. . 27% Marine Mid (120)... 27 Marlin-Rock (15%). 7 Marmon Motor Car. . 35% Marshall Fleld (2%) 3 Martin Parry. 32% Mathieson Alkali (2} 33% May Dept Strs (n2).. 7 MaytagCo(1)...... 20 Maytag Co pf (3). 7l Illyulco 1st of (6) 1le Shoe (2). 'm u-mul Co (2),. 281 Metro Gold pf (1 9). 16% Mexican Seaboard. .. 10 Miami Copper...... 49% Michigan St IRI%) . 18 Mid-Cont Pet (2)... 21% Midiand Steel (3) . 6% Minn Moline Pow... 50 M StP & SSM 1sd (4). 29% Mo Kan & Tex (3).. 90% Mo Kan & Tex of (1) 44 Missourd Pacific. .... 104 Missouri Pac Df ). 15% Mohawk Carpe! 22% Montgom erd )., 3% Moon Motors. 48% Morrell & Co (4.40).. % Mother Lode (20c). . 1% Motor Meter G & El. 31 Motor Products (2).. 17 Motor Wheel (3).... 8 . Mullins Mfg.... 34 Munsingwear (t4).. 11% Murray (B) (2% stk) 35% Myer (FE) & Br (2). 29% Nash Motors (4).. 93 Nash Chat & St L (5) fllh 108 % - _a?s—:.mz,...“._::s,.._:ws 12 1 35% 61 31% 93 8% Nat Dept Stores (1). 82% Nat Dept St st (7)..150s 83 23'; NatDist Products(2) 32 29 17% Nat Enam & Stamp.. 1 22 119 Nat Lead (18)...... 1119 138% Nat Lead pf (A) (7).140s 141 116 Nat Lead pf (B) (6). 40! ll1 32 Nat Pow & Lt (1). 50 Nat Steel (2). 664 Nat Surety (). 17% Natl Tea (1) 10% Nevada Copper (1).. 116 N O Tex & Mex (7)..100s 122 491 Newport Co (A) (3). N YChlBILB'IC) 174% N Y & Harlem (5) 16% N Y Invest (1.20 94's N Y N H & Hart (6), 116 NYNH&HDpf (7)., 6 N Y Ont & Western. 1% N ¥ Railways pf. Northern Pacific (5) Northwest Tel (3) % Norwalk Tire & R 2214 Ohio O11 Co (2). 9% Ofl Wel] Supply... 6% Oliver Farm Equip.. 11% Oliver Farm Eq ev pt 2% Omnibus Corp. . 30 Oppenheim Col (3) 63 Orpheum Cir pf 55 OtsElevn (2%). 17 Otls Steel (23%) 53 Outlet Co (4) 39% Owens 111 G v 671 Pacific Lighting (3). 20% Pacific Mills........ 10 Packard Motor (1).. 340 51% DPan-Am Petroleum.. 1 50 Pan-Am Petrol (B), 29 3% PanhandleP&R.... 14 47% Param‘nt Publix (4). zu 35 Peop Drug Strs 221 People's Ga: Cb [ 122 Pere Margu 91% Pere Marg pf (l) 3 1256 m 208 0% Pacific Tel & Tel (7).120s um 129 0% 66% 3% 2 32 4 4 103% e 8% 224 54% 62% 685 31% 1% 35 1226 216 242 238 123% 125 k% 9% 9K Nk 983 98% 984 108 3 18% 18% 18k A8k 124 les— Prev. Dividend Rate. Add 00. High. Low. Close. Close. 52 12% Petrol Corp (1% Philiigs Petrol (n2) Plerce-Arrow pf (6) Pillsbury Flour (2).. Pirelli Italy (a3.14). Pittsburgh Coal..... Pittsburgh Coal pf Pitts Screw (1.40) Pitts Term C pf. Pittaton Co (75¢). Poor & Co (B) (2)... PRAm Tob A (3%), P R Am Tob (B).... Postal Tel & C pf (7) Prairie Of] & Gas (2) Prairie Pipe L (15).. Pressed Steel Car .. Pressed St C pf (7).. Proct & Gamb (2.40). Prod & Refiners pf Pub Sv NJ (3.40), Pub Sv N.J pf (5). Pub Sv N J pf (6), Pub Sv NJpt(7).... PubSvE& G pf (6). Pullman Corp (4)... Punta AlegreSugar.. . 1 Punta Alegre S cifs. Pure Ol (1% Purity Bakeries (4 Radio Corp Radio pf A (33) Radio Corp (B) (5 Radio-Keith-Orph A. RR Sec IC stk C (4). Raybestos Man 2 60.. Reading Rwy (4). Reading 2d pf (2). Real Silk (5).. Rem Rand (1.60) Reo Motor Car (80¢). Revere Copper & Br. etals (2). Reynolds Tob B (3). Rhine W EI P (2.16). Richfield Ofl. Ritter Dent Mf (13).. Rossia Insur (2.20).. Royal Dutch a3.216! Rutland pf.. . Safeway Stores (5).. Safeway pf (6)...... Safeway Strs pf (7). St Joseph Lead (13). St L-San Fran (8)..,. Savage Arms (2) Schulte Retall Strs. Schulte Retall pf (8) Seaboard Alr Line. .. Segrave (1.20)...... Sears Roebuck $2% . Second Natl Inv. Sec Nat Inv pf (5)... 3 Seneca Coppet 7 12% 10 16% 3% 8% 61% 96% 108% 4% 53% 22 55% 26% 23 6 33 Servel Ine... . Sharon Steel Hoop. . Sharp & Dohme. ... .. Sharp & Do pf (3%). Shattuck(FG) (+13%) Shell Trans (a2.423). Shell Union Ol. . Shell Un O] pf (534). Shubert Theaters. ... Simmons Co. .. Simms Petrol (1.60). Sinclafr Con O] (2). Sinclair Ofl pt (8). Skelly Ofl (2)... Skelly Oll pf (6) ... Sloss Shefleld Steel.. loss-Sheff pt (7)... nider Packing...... Snider Packing pf. Solvay Am pr ww 5% Sou P Ric Sug (1.40) Southern Cal Bd (2). Southern Pacific (6). Southern Rwy (8). Southern Rwy pf (5) Spalding 1st pf (7).. Spamg-Chalfant. ... Sparks Withing (1).. Spear & Co pf (7) 4 T Mg, cvoannas ege)-May-Stern Stand Brands (1%) Stand Comm Tob Stand Jovest Corp. . . Stand Oof Cal (2%). Stand Oil of Kan (2) Stand Oil of N J (12) Stand OIIN Y (1.60). Starrett (L 8) (12%) Sterling Sec (A).... Sterl Sec cv pf (3). Stewart-Warner (2). Stons & Webster (4). 25% Studebaker Corp (3). Studebaker Co pt (7) .Buperheater (13% ) Tex Gulf Sulph (4) Texas & Pacific (5) Texas PC&O1l.. Thompson Starrett. . Thomp-Star pf (335) Tide Water As (60c) Tide Water As pf (6) Timken Det Ax (80c) Timken Roller (3). Tobacco Products. ... Tob Prod (A) (80c). . Transamerica (1)... Transue &W (1)..... Trico Prod (2%) Tri-Cont Corp. Tri-Cont Corp pf (6). Truax Traer (1.60) .., Truscon St] (£1.20)., Twin City R'Tr (§4). Und-Ell-Fischer (8). 9% Union Bag & Paper.. Union Carbide (2.60) Unfon Ofl of Cal (32) Union Pacifie (10)... Union Pacific pf (4). Un Tank Car (1.60) % Utd Afreraft. 20 75 101 38 Utd Adreraft pf (3)., Utd Biscuit (1 60). Utd Carbon (2).. Utd Cigar Store Utd Cigar Stores pf. Utd Corp (50¢).. 56 . 328 Utd Plece Dye W (2) 20 Utd Piece D pf (6% ).100s Utd Stores (A)...... Utd Stores pt (2%).. U § Distributing U 8 & For Seeur. ... 8 & For Sec pf (6). Freight (3). Hoftman (2) Indl Alcohol (17) Leather. .. . Leather (A). Pipe & F (2) P&F 1st (1.20). Realty (5). Rubber 4 15 coaccagecaacaa BRNRRRRRRR BN B Smelt Ref pf 33 Steel (7). Vadasco Sales Corp. 9| Vanadium 8ti 1“),. lol’ 2% Va-Car Cl v Car Ch ’l ar Chem pf (7)., & Pow pt (‘)..HOI 105% Va Iron Coal & C pf. 210s 120 65% Vulcan Det (4) [N 13% e % 115% 116% 132 132 110% 110% 55 59% 1% % 16% 57 24% Yo L4y uw. 47% 148 139% 139% 24% 25 50 2% l’ 20 13% 28 55% 18% 9% 16% 34 19 17V- 5% 70 23 48% 6T% 26% 84% 98% 116% 1% % 17 55 22% 48% 58 20% 72 20% 96 47% 39 19% 11% 22% 70 law 'l‘ 45% 33% 8 5 60y 1% 4% 13 20% 58 30% 37% 0% 10!6 15% 13 16% 109% 80 20% 50 8% 1 105% " 13% 50% 10'A 1 N% 30 lfli ) 2%. 10 100% IN HEAVY VOLUME Declines, However, Narrower Than Thursday, With Some Steadying. BY F. H. RICHARDSON, NEW YORK, October 10.—Bonds worked lower again today in heavy volume, but the declines were narrower than on Thursday and a few issues showed of steadying. However, South American dolllr bonds and semi- speculative domestic issues made new lows all around and there was a mod- erate amount of selling in the prime ‘l‘l‘mp. which was attributed to the con- tinuation of forced liquidation as a sequel to the weakness of stocks. Money rates were again unchln[ed with 90-day loans quoted at 2 to 2, per cent and ample supplies on hmd. At the opening South Americas were steady and a few issues had initial of small dimensions, but later trading brought out fresh selling and prices fell off 2 to 6 points from Thurs- day’s closing levels. A long list of South Amerlum SoM under the 50 cents on the dollar level during the session, in- cluding Bolivian 7s, Brazil 6l5s, Sao Plulo Bl City of Sao Paulo 61s, Peru 6s, Rio Grande Do Sul 6s and Rio nnd Do Sul 7s. Other New Bottoms. Further wide drops to new bottoms were made by Uruguay 6s, Bolivian 8s, Rio de Janelro 6i.s and 8s, Brazil Central Railway 7s, Sao Paulo 7s (the coffee loan), Colombia 6s, Antioquia “A” 7s, Santa Fe 7s, the Chile Mort- gage Bank descriptions and a few Chile -nu Argentine government bonds. German bonds were again weak, with the increasing certainty that Chancel- lor Bruening will be forced to call an- other election in that country. Germln government 5338 dropped 2 to another fresh low at a lG‘/z-polnt dis- eount German Central Bank 6s 3 points, also to & new low. Berlin 6148, % w 6‘g!u‘Deuhc estphalia Electric 6s slumped 1 to 2 pof German Reparations 7s were off over & point to a "l‘”h: minimum for x1930 Te was some selling of other for- eign bonds, notably Australian 5s, which were at a new low, but in generai the losses were fractional and unim- portant. Ttalian bonds firmed a bit. Some Rails Better. In the high-grade group, a few of the legal raflroad mq were a shade better, but t.here were small declines in Union Pacific first 4s, American Tele- phone 5.8, Standard Ol of New Jersey ;l;wlfl.li P’::';: :z Lllhtd-'bu Ulfll"&s er ig! %s and New Yorl ‘Telephone . Imemtlon Telephone & Tele- graph issues, which, were considered in the high-grade group until the current movement forced down the prices of all issues with foreign affiliations, slid to new lows. The 5 per cents, issued early this year at 961, sold off 2 points to a new low and a 15%-point discount, while the convertible 41.s, also at new fow, ‘and the debenture 4%s, equann' the previous low, were hnvfly Cmvenlbl nged downward 'lth Beeu(‘ rails were also henvlly sold, lnd a long list of in- dulmal.l recorded losses of 1 to 6 (conyrum. 19305 Washington Stock Exchange SALES. Washington Gas 6s “A”—$900 at 102, $900 at 102V, $900 at 102Y, $400 at 1024, fi,ooo at 103, $5,000 at 103, uooo at 103, $5,000 at 103, $500 at llhl.n"on 6s “B"—$3,000 at 106, $4,000 at 1062, $4,000 at 1067%. ashington Rwy. & Elec. 45—81,000 af C‘splhl ‘Traction Co.—20 at 543, 10 at UNITED I‘I;A'rll. (Sales are In Sales. High. Close. 39 1016 4012 1016 15 10213 10211 10211 94 10313 10310 10311 11022 1022 1022 5 10615 106 15 106 15 1 10818 10818 108 18 10 11224 11217 11224 FOREIGN. Sales. High. Argentine 5s°45. .. Argentin Argentin Argentine Argentine Argentine 4 Lib 4th 4}s, US4%ss2.. AustriaTs*43. Bk of Chile 6%s ‘57, Batav Pet 4%s5'42.. Belgium 6s 'u‘ Belgium s '56 Belgium 88 41.. Bolivar 7s '58. Bordeaux Brazil 6%s ‘26 Brazil 8s 41 Bremen 78 '35, Canada §s°'31. Cat °5. Christiana 65 '54 Colombia_6s Jah '61 Con Pow Japan 7s. . Copenhag 4%s ‘63 Copenhag 5s'52. Czecho 85 ' Czecho 98 '52...... Dan Mun 85 A *46 Dan Mun §s B Denmark 4 109% 108% 108% Finlana 7s Fram I D 7% French 7s 49 French Gvt 7% Gelsenkir Mt German 5%s German Ban! German 6%s 3 German 7s rep 4. Greek 65 °63. Haitl 6352, Hol-Am ss f 63 Hungary 7%s ¢ Irish Frel St 53 '60. Italy 7 Taas 177 Italy Pub Sv 7s EZ. 35 Mex 43 asstd 1904, Mex 4sasstd 1910. . Mexi s Norway 548 45, 1. Norway 6s'43. Norway 6s *44. Norway 6s’ 5! Orfent dev 5% s ll. Orfent dev 65 '63. ., Paris-Ly M 6s°58.. grlml‘y M7s’s Peru 6561 Peru 7569 Poland 6s°40.,. Prague 7%s '52. Queenland 6s *47 asbington Rwy. & Elec. pid—p at| B ll'/ Am Fire Insurance—10 at 315. Monotype—S5 at 110, 10 at 110, ulo at 110. + 923 lergenthaler Linotype—10 a s - ltz‘nr\l( Stores pfd.—10 at 1015, - mu Mtge. pfd.—200 at 6%, 200 29% | The Carpel Corp.-+50 at 23, 50 at 2. % 8 10% 2% % 31% 9%, 23% 9% 80 15 2 24 2om 87 40% 85‘& slv. 95 1% 93 T 10 26 AFTER CALL. Potomac Electric 6% pfd—5 at 111%. Merchants’ Transfer & Storage com.-— 15 at 103. Notice—The exchange will close Mon- day, “Columbus Day.” Bid and Asked Prices. BONDS. Amer. Tel. & Tel. Capital Traction, Go Wash. Pot. El Wasn: Rwy. & Elec. com. (1 W:h Rwy. & EL pid. (3). NATIONAL BANK. Gapital (14).. Coiu District (8). redeul.lmer Liberty (1) (9e)" Veshington (13 TRUST COMPANY. Amer. Security & Tnul Co. (18) Georges Bank & Trus! %szfinfié';’&'!.\ & hrust ) SAVINGS BANK. 237 450 FIRE INSURANCE. American (12). 4 TITLE INSURANCE. Columbla (6h). Real ll'l ! 4‘hl TI“I LW S s B2 sw| A 2% w:fl ln Wl% lol‘i lo'l'/. B ‘IR dl'l"fl,“‘. Rio de Jan R Gr De Sul R Gr De Suls; Rome 638752, Roy D 48 *45 w Sao Paulo 85 * Sao Paulo 85 '60. Saxon 78 "45. Serbs-Cr 811 bs-Cr-S1 8 eine 75 '42 Solssons s Sweden 538 54. Swiss 5358 '4 Toho El Pow 6s '32. ‘Toho El Pow 78 '65. Toklo 58 '62. Tokio 5%s°61. Utd King 6% 8°37... MISCELLANEOUS. AbItIBI P& PEs°53 11 71% 68 Ab & St 514843, 101% 101 Alleghany bs Am Ag Ch T%s Am Beet Sug 6535, 15 Am Chain 6s'33...., 7 Am Cot 0db5s°31.. 5 100% Am F P 5%82030,, 52 Am Sug Ref 68°37. Am T&T cv 4% ”. Am T&T 53 '65 Am W Wks 5.'", . AmWrit Pap - Arm & Co 1%-’” At Gulf 595 | At Ref deb s '37... Bell Tel Pa 53 B * Bell Tel Pa §s C *60 Beth Stp m 68 Beth St rf 5842, . Bk Ed gn A 5: Bush T Bldg Cert-td deb 5 Chile Cop db bs Colon Oil 65 '38 1 Col G&E bs May ‘52 Com Invest 5%s°49 Com Invest 6s '48 CC Md 1st rf s '50. ConGNYS5 5. C Am Sug col §s'31. Denver Gas 68 °51.. De Edison 55 *40. Det Ed rf 6s B * Dodge Br col Gen Cable b‘yl'l'l. Gen Motors 6s '!1. . Good 1st 6% s '47 Goody'r Rub Humble Oil 5s " Hum O&R 6%s 3. NI BTistpfEsA.. 111 Steel 438 1 Inland Stee! Int Cement Int Hydro EI Int Match §s . In M M col tr 6s 41. Int Pap 58 A "47.... 5: Int T&T 6385 Kan C P&L 58 A ’ll %8 '80 1 FINANCIAL" BUNDS 0 LOWER | IEEEBONDS:! PRINCE &Wflflfi“ by Private Wire Direct to The Star Office 1. Lorillard 6%s '37. Lorillard 7s "44. LouG & E1 58 52, Man S 15t 7%8 42, McCormack Mid 32 106% 6 111w 1064 1 111 RECEIVER IS NAMED Irving Trust Co. Takes Over Offices of Defunct Broker- age Firm. By the Assoclated Press. NEW YORK, October 10.—The Irving Trust Co. today was appointed receiver for Prince & Whitely, 53-year-old tro- kerage firm, by Federal Judge W. M. % [ Bondy. The appointment was made on 09% 09% | motion . Ludlow James, attorney 4 101% 101% 101% e e 3 107% 106% lu'm 11 103 ! 2 104 106 105% 4 103% 108 17 105% 105% 105% 45 101% 100% 101% {of 39 96% 95 96% 4“4 9% 2 106 93% 106 93% 106 3 108% 106% 106% 13 75 Pos Tel & C 63 '53. . Pressed SLC & Richfi'd O cal Sincl O 6% B ‘38, 70 % % 20 75% 6% 6% "I'/i 20 11 104% 104% 104% 7 105% 105% 106% 12 104% 108% 103% 3 100% 1 26 7 100! 100 26 % 100 100 26 100 2 107% 107% 107% 4. 206 101% 101 101 4 Trans Ol 6%s "38.. 13 109% 109% 109% Utd Drug cv 63 '53.. U S Rubist Utah P & L 5844 Util Pow 5%s . Vert Sug 1st 78 '43. Walworth 63 A *45. Warn Br Plc 63 '3: Warn Quin 9... Warner Sug 7s ‘41, 4 101% 8 89% 11 41 101 88 41 52 100% 99% 100% 174 70% 69% 70% 101 88 8 104% 104% 104% « 33 104% 104% 104% West Un Tel 58 '51. WEO5%8"37 ww. Wick Spencv 78°36 4 16 YouSt&T 5s78... 64 104- RAILROAD. 102% 5 104% 106% 104 France. 3 109% 108 3 102% 102% 102% 16 16 108 104 9% 96% 96N 98% 101% 97% 101 98% 101% 107% 107% 107% 103% 103% 108% 104% 10415 104% B&OSwndyss's0 8 Ban & Aroos 4s’1, 6 90% Bos & Me bs "li. . 24 102 904 100% 110% 109% 109% 104% 104% 104% 90% 100% 102‘5 NI% 101% 101% 101% 101% 18 1% 18 112t 112% 112% 108% 108% 108% Can Pacific ab Can Pacific l Can Pac 5: Can Pacific ll 4. 105% CarClin& O l‘:t 105 89% 89 89% 99 98 99 104% 104'5 104% 106% 107% 107% 107% 100 , 100 104 104 96% 964 961 104% 104% 104% 100% 99% 1004 101% 100% 101% 101% 101% 101% 104 104% 97% fl.;- Colo & Sou ug 3 Colo Sou ¢%s T R Bul Bend Dan&Rfl'iI 87 E Tenn Va&Ga 58.. ' 4 Erle Gen 90 Frie 53197 Erie Gen R Erie & Jer Fla E Coast Fonda J&G 4 GrTrsfdb 583%8a 5% - 39% 107 112 100 C 99 105 111% Gulf Moblle Hock Val 4%s I #EL aBorSanm a5 o —an I1linois Cent 48 '61. 11 Cent 48 ‘52, 111 Cent 4; é MiCent 4% s 111 Cent 6%s ‘36. - BaSe 99%, 104 97 107 111% 100 9814 105 111% 54% 70% 85 9% 96% 96% 83 38% 9% 94 106% 106% 106% 83 82 83 89% 89% 90 113 11 118 112% 112% 112% 39% 27 26% 26% 107 111% 100 98 105 111% 111% 110% 111% 08% 98% 98% 108 102% 102\4 95 93% 931 934 90% 90 90 988, 4 110% 109% uov. 18 106% 103% 103% Int Rap Tr sta Int Rap Tr 68 -n Towa Centrf 4s*51. 1 8% 8% &% ¢ 12 98 97% 97% T9% % ty Ter 48 '60. o Shore 48"31. Valev s Vev 4% e ol 1 06% | for the petitioning creditors. ‘The receiver took possession of the office and records early this morning: Annonucement was made that the 500 employes, some of whom have worked for Prince & Whitely for 20 or effective will be assist in sets and liabilities. ‘The receivership _action followed within a few hours the announcement BRITISH MARKETS DEPRESSED. Small Failure There and News From Brazil Curbs Activities. LONDON, October 10 (#)—An= :lnu_}\cement of a small failure, that of nge ‘Wall Street llflure and break, and news from Brazil, caused a feeling of W throughout the English mar- The: no it sell e Te Was m -el!ncmavemmt. Brazilian securities, nohbly '.he 62 pif m! 1927 bonds, which were 7 points Anglo -American favorites were une and Brazil transactions and nlckeh were quoted lower. FOREIGN zxcxufa!. ’.m YORK, October 10 (M—Hl" elgn irregular. Great ain, demand, 4.85%; cables, uns-u. 60-day bills un "banks, 4.83 11-16, 3.92% cables, luly. demand, 5.23%; cables, Bel 13.94%: Ger~ Bofl? “usa%!«mny llcPlclfic H‘IO 100 lW% Mo Pac5%scv 4. 15 1064 StL4s78., 14 96% 3 100 ‘ent 4 44% 2013, |m 582013 20 108% v NY St Ry «u- NY S&W gn 63 '43. '4) Nor & Wnev 4896, Nor Pacific 35 2047. 21 69% Nor Pacific 48'97... 1 95% Nor Pac5s D 2047.. 3 106% Nor Pacr16s2047.. 15 114 1107% 1us 944 MU 104 106 97 96% 97 6 104% 104% IM! 3 99% 9974 2 105% 105% 108“ Port Ry 58 "42. 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