Evening Star Newspaper, October 26, 1930, Page 72

FINANCIAL., BONDS ARE STRONG ONLIGHT TURNOVER .- Brazilian Group Proves Fea- ture of Market—Domes- tic Issues Irregular. BY DONALD (. BOLLES. Associated Press Pinancial Writer, NEW YORK, October 25.—The stron fone of Braszillan bonds o “r.l tinuing their sharp rise to- the levels at which they sold & l‘:’ mlhn covernmunt. -nu ln\ln mu. Beven.l hu.n cant lsoucs wers Brasilian 8s and C%' hd the advance. Bonds of the States of Sso Paulo and Rio Grande do Sul, and the Rio de aneiro municipals rallied 2 to 5 points. livian 'll were strong. ‘While the domestic ucuan displayed irregularity, further improvement psid Nickel Plate 5l%s and Bouthern Railway 4s showed fractional gains. ~ International pmmo debenture 5s rallied more than a CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, October 25.-—The fol- is today’s summary of I.mpor- tant corporation news, preparcd by Standard suumu Co !nc New York for the Associated News ’l‘rflll. !urveyl of the mercantile agencies tradg was further stimu- lated thll week by the colder weather. Commercial activity in general con- tinued at a slackened pace, but evidence that the trend has turned upward is fairly definite. Revival, they believe, will be slow paced. Bank clearings con- tinue to mnk":h uery un-mlhxcwry ‘eomparison year, as exchanges this period in 1929 were still at levels. te exchanges at din(unflfl n{ 1930 prior to to October in 1928 of Cyanamid converting refuse of citrus canning and juice-extracting plants into new fertilizer; immediate mu!uwxe on large scale planned. Atlantic Coast Line earned $10.48 Wemmon share in year pr:fl same amount in ous year. Baldwin Locomotive Works nm e T 8 in ; unfilled orders at end of mont um about $6,000,000. Bastian-Blessing Co. earned uu common share in 10 months to ";:';2'- m:?m:umga uarter -q earnings 50 cents common share against 44 cents ymtlo 9 months 26 cents ago; 9 months 46 cents against 85 oents. y Pacific Rallway officials estl. mated September net after taxes will exceed net in same 1929 month by $1,000,000. Oenn\l Rallroad of New Jersey Sep- ?:u off 178 per cent; 9 monum 17. &et cent below year ago. Chicago ‘Western Railway earned $1.25 Drefe’fl'!du:hlre in third 1.84 against § period; gumonthn $1.76 against $1.49. Consumers Power income balance, after preferred dividends, for 12 months to September 30 up 1 per cent over vious_year. against | year ago; nine months, 9 cents, against e year ago; § months $3.60 against General Motors official states com- i pany would earn and make its regular dividends. Inland Steel reopening Milwaukee ant giving full- ume employmem to 00 men. International Great Northern Rail- road September net operating income Off 44 per cent; 9 months 64 per cent below year ago. Metal & Mining Founders shares en- Joined from further fraudulent sale of securities; receiver appointed. Mi-ourld&:uu Rallroad September '?K:""" income off 24 per cent; 9 13 per cent below year ag c C. reopens for reargument unific: mm plans of road. Monighan Manufacturing earned 84 eents class B share in third quarter, against 99 cents year ago; nine months, $2.04, against 75 cents. ‘Ward & Co. passes 75 common dividend pay- had net loss of ber quarter and i first nlne'mont:)n October sales making more favorable showing than in two preceding months. Nevada-California Electric earned 1.58 common share in 12 months to ber 30, against $3.12 in previous lflm ‘Texas & Mexico Rail- September net operating income fl l'I r cent; nine months, 32 per eent belo Panmoun{l;ubllx reported negotiat- fng for four of London's largest thea- ters. Pere Mnrquellp Rl\ll‘ly third ouixa mcfim mcfu {10824 108.16 108.16 1112.28 11224 112.26 l:% 98% 9% 101% Belgium 68 '55. 111% 107% Belgium 8s 'C‘l. livia 78 ct 69 Y| 102% 61 Brazil $s'41 106% 102% Ca: Chil Rlnuhllu 111% 109 Csechoslovakia 101% 99% Denmark 5%s 195 106% 103% Denmark 6s'42. 108% 101% Dutch East Indies 6 103% 101% Dutch East Indi 107 79% Fiat 78’46 war. 101% 93 Finland 0 120% 1124 French 7s 126 118 French T%s 91% 781 Ger Gov b 94 78 German Bank 6s 193 109% 100% German 7s ‘49 88% 80 Greek 6s 1! 100% 96 Irish Fre 101 107% 108 hlflnrlnnfin 90 74% New South 103% 100% Norway 5%s. 93% 86% Orient Dev 6%s 57, 105% 102 Paris-Lyons-Med és 106% 99% Paris Orlonnl 5%s 1 84 40 Peru6 100 65 Peru 7 99% Pireill Co of Italy 78 69% Poland 8s°60... 88 Queensland 6s'47. 100 Queensland 7s°¢1. 8215 Rhinelbe 7 68 Rio de Janeiro 8546 84% Rio Grande Do Sul 6: 79 Rome 6%s ‘52 102% Utd Kingdom 83 Uruguay 6s 1 £ 82 Vienna 6s 1952 83% 651 Warsaw 7s 1! 99% 95 Yokohama s MISCELLANEOUS. 103% 97 Abram & Straus 5% s'¢3.. 101 105~ 78 Alleghany Co cv b8 ‘4 105% 102% Am Agri Chem 7 87% 47 Am Beet Sugar 6s'35. 103 961 Am Chain 6s 1933. 108% 100 AmIGChmb¥%sl 101% 92 Am Internation 63 92% 103% 100% Am Sm & Ref 1st b 104% 102% Am Sugar Ref 6s ‘37 193% 137% Am Tel&Tel cv4dl%s 107% 100% Am Tel & Telsf 84 69. Am Writ Pap 6 87% Armour & Co 4% 86% 72% Armour of Del 5% 103% 100 Atlantic Ref deb 68’37 107% 102% Bell Tel (Pa) ref b 103% 99% Beth Steel pm '3 61 374 Certain-teed b 89% Comn 36 Con Co.l(Md) 1st 108% 105% Detroit i7dison ref. 96 82% Goodyear Rub 108 101% Humble O& R §' Inland Steel 4% Inter Cement Int Tel&Tel ev cu 97% 94% Kan Gas & Elec 4% 92% 60 Kendall 6%s 48 (war) 104 100 Lackawanna Steel 5s ‘50 106 102 Laclede5%s D '60. ¢ 106% 98% Liggett & Myers bs ‘51 130 101% Loew's Inc 6s°41 ‘101% 91% woew’s Ino 6: wi 97% 84 Lorillard 6%s'37. 86 Manati Sug s £ 7% 103 99% Midvale Steel bs 104% 100 Montana Power 65 1943. . 101% 95 Nat Dairy Prod 6%s "4 40 14 Nat Radlator 6%48 1947, 110 103% New England Tel 58 '52. . 114% 111% N Y Edison 1st 638 '41. 10315 98% NY Tel 4%s'3 107% 106% N Y Tel 68°41... 104% 99% Northern States Pow 5 104 100% Pacific Gas & El 68 "43. 1024 Pacific Tel & Tel b8 53 107% 102% Pan-American 6584 96 Para-Fam-Lasky 68°47.. 96% Philadelphia Co 68767, 90 Phil&Read C&I 68 wi‘4). 90 Philips Petrolm % #'39. . 75% Postal Tel & Cabs‘33. .. 101 92 Reming-Rand 5%s 47 105 100% Sinclair Oft 7s°37. 102% 97 Sinclair Crude OIl 6348 102% 94% Sinclair Pipe Line 68 106% 103 Southwes Bell Tel bs 104% 100% Stand O1IN J bs. 100% 95 Stand OlIN Y 4348 48 26 Sugar EstOrlente bs'dd.. 1024 974 Tenn Copper 6s'44 B 110% 97 Transcon Ol 6%s 101 92% United Drug 6553 88% €8 U S Rubber lst & ref s 8% 98 98 109% 109% % 101% 102% 85 85 % 99 £ 109% 109% THE SUNDAY STAR, WASHINGTON, D. 2% 95 % 78 79 103% 103% 100 101 105 106% 102% 102% 102% 102% 9% 81% 93 98 ssErsee 2 +1L 400+ 120% 120% 125% 125% 5 T6% 82 8iu i 80% 99% 100% 94 96% 103% 104% 4% 954 12% 12% 81% 83 104% 106 4% 6 101% 102% 20% 91 i 104% 104% 103% 103% 54 b6 +4 4 T FEE + sExEePres 2285 L4141+ 1440 100% 100% 78 89 103% 103% 47 48 101% 101% 101% 93 67 ¢ 101% 102 103% 103% 142 143 106 1064 106% 106% % 101% 101% 7 9 102% 102% 98% 99% 82% 84 102% 102% 95 95 98 98 100% 100% 101% 101% 101 101 102% 102% 104 106 115% '+ - rEg 108% 104% 9% 9% 14 15 108% 108% 113% 1145 102% 102% 106% 106% 108 108 102% 102% FEREEEESESF (AN R EXNE T 1Ll RFEF 3 81% 4 95 102% 102% 101 101% 99% 100% 105% 106% 104 it ¥ ted FEL U *® 97 98% 9% 694 1 ++ se Atlantic CL 1st & B&Ogold 4s B&Ocvik%s Balto & Ohi: B & O.ref s Broadwy & Tth Av Brooklyn Manh 1st Canada National 4% 'S al Cleveland Term s Cleveland Terminal 5% Colo & Sou ref 4%s '35 Cuba R R B8 62 Cuba North b3 Del & Hudson § Detroit United ¢ Erfe 18t con 4 Erie gen lien 45 "9 Erie ref 58 '67 Flor East Coast Grand Trunk Great North 4% Great Nor gen 5% s Great North gen 78 '3 Havana Elec Ry Hg- Illinots Cent ref 4 I1linois Central ¢ Inter Rapid Tran Inter Rapid Tran ev 7 Inter Gt Nor adj "65. Inter Ry Cent Am 6% Kan City South 3s 195/ Kan City South §s Kan City Ter 1st ds Lake Shore 48 '31. . Louis & Nash uni ¢s Market St Ry 7s A " Mo Kan & Tex pr In SsA.. Mo Pacifio gen 4s°75. Mo Pacificbs A Mo Pacific 6s ¥, Mo Pacifie 53 G. Nassau Elec 48 ’ll. b 7. b.orth Pacine 83 D 204 North Pacifior 1 88 2047.. 1! Reading ¢ %8s "7, Rio Grand West col RIATk&L 4% St L Iron Mt gen bs SLIM&SR&G 4 StL&SF4%8'T8... e StL & San Fr 63 B '50 St Louls 8 W con 48 '32 StPKCS Line43s 41 Seaboard A Liref s Seaboard A L con s *45. South Pacific col 4m*49, South Paoifio ref s ‘56, South Pactfic 4148 ‘68 Southern Ry gen ¢s'56. Southern Ry 18t 68 '94. Southern Ry gen $s South Ry dev 6% s '56 Third Ave 1st ref 4s ‘60 Third Ave adj 68 ‘60 Union Paoific 1st 48 Union Pacific 48 '83 Un Pacific ref 48 3008 Virginia Ry 1st Va Ry & Power Wabash 4%s 19' Wabash 1at Wabas! West Shore 1st clares quarterly dividend of 50 cents on common stock, placing issue on $2 :n‘nulzl5 basis; paid munm dividend $1 uly Safeway Btores pmiden! states in- dications are company’s earnings for 1930 will equal $5 a share. Servel, Inc., earned 9 cents common share in third quarter, against 22 cents 70 _cents. Southern Pacific Co. system’s Sep- tember net operat! lncome offt 34 per cent; nine mon 312 per cent below year ago. E. R. Squibb & Sons’ president states five-day work week experiment carried on over, past three months in factories and offices is unqualified success. Standard Oil of N. J. crude imports {:rmflrlt. nine monthg were 15 PG; Cf:::‘ W year ago: refinery runs duri same period averaged 376,683 barrels | dlfly. I'Iln.\‘, 399,790 in 1929 period. 8. Distributing earned $1.11 pre- ferred share in third quarter, against ‘;gg in u::‘fifl’_’ 6):!10(’; nine months, $ ml'hyln‘ Card takes no action on yeu--end extra dlvldend of $1; regu- lar $1 qulrmly dlfld'nd lared. BA!‘K AIDS AUTO !uym ‘The Bank of Italy of S8an Francisco will immediately establish & depart- ment for automobile financing. The new department will finance the pur- chase of automobiles t.lu'aul""):,f bank GREAT NATIONAL INSURANCE 200 Shares 1.80 common sl re. I?lll!l sm yelr ago; nine months, ber rales emt, nine months, up 5.3 Mmrl.n R .fl!l at $6.00 AddressBox 139-A, Star Office Over a Third of a Century Without a Loss 8. ¥. FYIRS'T MORTGAGES YOU CAN HAVE WHAT YOU WANT If you will make a definite plan to accomplish it. Investment in our 6% FIRST MORTGAGES will yield a specified return on your investment so that you can figure exactly what your income from this source will be. May be purchased in amounts from $250 up. SAUL CO. 925 15th St. N.W. FF Sex RFeprrsnrex A s R S ™ - i 4 i+l ++ 140 e eefs asF sxexl"Fxe (RN &) R T 3 L+ PEFREF ¥F KEE ¥P \ ® C, OCLUBLR ‘26, Low. Steck and dividend. 37% Shell Trans (a3.433) Shell Union Ofl..... Shell Union 011 pl(l*). N tres Sloss-SheMeld 8tl pf(7) Snider Packing Co. Snider Packing pf. Sovay Am Inv pr ww 53 South Porto Sug (1.40).. Southern Calif B4 (3)... Southern Pacific (6. Spencer Kellog(80c) Splcer Mfg.. Splegel-May-Stern. Stand Brands (1%).... Stand Brands pf (1).. Stand Comm Tobacc: Stnd Gas&Elec (3%). Stand Gas & 1 pf (4 Stand Gas& Elec pf (6). Stand Gas & Elec pt ™. Stand In: Stand O of Cal (3%), 5+ Stand Oll Export pf (8). Stand Ofl of Kaneas (2). Starrett (L 8) (123 ) Sterling Sec A)... 8% Sterli: aker Co pf (1) Submarine Boat. Superheater (1314). Superior Ofl. . Superior Steel. Symington Telnutograph (11.40)... Tenn Copper &Ch (1), ‘Texas Corp (3).. ‘Texas Gulf Sulphur (4). ‘Texa L . T Pacific C & Ofl ‘Texas Pac Land Trust Thatcher Mfg (1.60) T air (3.40) 'air of (7) pson (J R) (3) 'rnnwlon Prod (2.40) Thompson Starrett Co. Thomp-Starr p(3%). Tide Water Asso (60 Tide Water As Tide Water Of] merica Corp (1). & Williams (1). inentl Corp. Tri-Con Corp pf (). Twin City Tr lIO) . Twin City Rap Tr pf(7). Underwood-Ell-Fish(8) . Underwd-EI1-F pf (7)... Union Bag & Paper. Union Carb & C (2.60 Union Oil, Calif (32) Unlon Pacifie (10). Union Pacific pf (4). Union Tank Car (1.60) United Alreratt, United Afrcratt pf (3) United Biscuit (1.60)... United Biscuit pt (1) Utd Carbon (2)... United Cigar Stores. United Cigar ot. United Corp (50¢) . Announcing “IND annually. 1930—PART 1+14+ A N N RN N +++++ T4+ 41+ ++0 11V 1+ sseed BBses” sex #7E7F ¥ + e+ 44+ +++0 0 HH 1+ LT+ 5+ 41 i+t 4+ e + L H++ which are deposited with Empire Trust Co., Netw Pork, Trustee FeFs"ses" " s8R rss"x Fx"8¥s 2 “xsPesrssss FsF2is sx2 S1X. Stook snd @ividend. Unlted Corp pf (3).... United Eleo Coal. United Fruit (4). > pe&Ty 10t pf 1.30 Realty & Imp (3) U 8 Rubber. Vleil !hrfivn! & Pl((l).» nia-Caro Chem. . Vbfiro Chem ¢% pf... Va-Caro Chem pf (7)... Va Elec & Pwer pf(6) n. Va Iron Coal & Coke. ... Va Iron Coal & Coke (pf) Vulean Detinning (4).. Vulean Detinning pf (1) Wabash. Wabash | I' (A) (l). Waldorf System (1%).. Walworth Co (3) Warner Bros P of (2.20) Warner Quinlan. .. Warren Bros (3). W'ren Bros cv pf ‘Webster Eisenlohr. .. .. Webster Eisenlohr pf (1) Wesson Ofl & Snow (3). Wesson Ofl & 8o pf (4 West Penn Elee A (1)... West Penn Bles pf (8). . West Penn Elee pf (7)., West Penn Power pf(§).. 1 West Penn Power pf(7) Westingrouse E & M(5) Westinghse E&M pf (5) Weston Eleo Inst (1)... White Motors (2)...... White Rock M 8 (t434). White Sewing Machine. . Wfll’&mhll tfl . Wilson & Ce. Worthagton Pump u’n Worthngton Pumj Wrigley Wm (4). Yale & Towne (2) b . £ *‘n}.fi- i He FINANCIAL. RSN L +++ s e+ A+ +E+ 4+ L4 e &5 » Tesessies’ Lot L+l 41 ++1+1 01401 +4 @ F B ++ ® FES FEEF R RN RS ™ * +H000 nu lnnm !‘fl' EPENDENCE Money to Lonn Mirst deod of (s .lmplnl Weller ‘Sereity Money on Hand to Lean on First Deed of Trust 6% Interest Applications JAMES F. SHEA 643 Louisiana Ave. N.W. The Montgomery County Bldg. & Loan Ass'n, Inc. Phone Wise. 4132 6972 Wis, Ave. Bethesda, Md. Loans made on l-pnud M-rylnd property. prompt PRICES REDUCED! THE TREW MOTOR CO. 1509-11 14tk Se. N. Wy I WILL SELL $5,000 Corcoran Courts 77 1st Mortgage Bonds " Due 1935 At 671, To yield over 10% as a cur- rent investment or over 16% till maturity. Assessed value of property, $723,750 Bonds outstanding, $706,000 Thomas L. Hume 1412 G Street Nat. 1346-1347 Funp’” A fund into which you can make monthlypayments of $10 or any multiple thereof for 120 months and have your goal protected by life insurance while the distributions on your investment in 28 of the world’s largest corporations are compounded semi- The Portfolio of the fund consists of North American Trust Shares On the basis of performance in the past 10 years of the underlying securities $10 imum return on his capital consistent with sound investment principles. PER MONTH invested in Independence Fund would mature at the end of 120 months in the amount of 32,627 If the above sum is permitted to remain in the fund and the $10 monthly payments continued, your estate at the end of the second period of 120 months would BOBEAB. ousvvinioswsvvesisssvsnssossasibsssis Similarly ,at the end of the third period, or 30 years, from today, your estate would amount to. $11,552. Financial Independence Assured It is now convenient for the executive, the salaried employee, and the small investor to obtain the max- -$41,000 It is possible to acquire, systematically, over a period of years, Independence Fund Participations, representing a steadily increas- ing interest in the same securities that have been bought in large quantities by some of the most dis- criminating investors. It is further possible to insure the completion of this investment program. The result is Financial Independence. Perot, Adair & Co. INCORPORATED SHOREHAM BUILDING @ e e e e e e o e e e < = §00. FIFTEENTH STREET NORTHWEST o= e o e e o o e e e e e o Mail This Coupon for Further Information Neme ..coveveeromprssssscscsssccnercecnniecges . Business Address ....consenssscunovogmors sssessmm Home Address ....ovsseeees City cesssssessnnsesTelephon -