Evening Star Newspaper, November 20, 1930, Page 14

DECNEAMALVZED 18% 70 32 98B% Monsanto Ch (g1% Montgomery w.rd Mo Kan & Tex (3)... October Figures Show Extent of Drop in Raw Mate- rial Values. Mullins Mfg Murray (B)(2% stk) Myer (FE) & Br (2). Nash Il.lar‘l (4) 18 P .. et sfement .."'",_.mm'x; at & Weatara. stabilized. And the Norfolk&West (112) Norf & West pf (4).. 208 North Am Aviation. . Nor Am (b10%stk). . Northern Pacific (5). Northwest Tel (3) Ohto O11 Co (3) 3% Oliver Farm Equip. l"A OltvFEqpf A (6)... % Oliver Farm Eq ev pt M Omnibus Corp. .. 70 Omnibus pf (A) (l).. 48% Otls lnov n(3%) Otis Elev pf (§) %) The stock market gave a good ac count of ihell mtcrdny in spite of '.!u failure of one New York Stock Ex: change house, Stocks closed ‘well above their previous close, m indication of an upward move- e 40% Param'nt Publix (4). 1% Park Utab.......... 3% Parmeles Tran (60c) 2% Pathe Exchange.... 5 Pathe Exchange (A) 9% Patino Mines, 3 Peerless Motor Car.. 26% Penick&Ford (11%). 30 Penney (J C) (3) 56% Penna RR (4).. 24 Peop Drug Strs (1).. 325 193 People’s Gas Ch (). 24% 5 Peoria & Eastern.... 10 Petrol Corp t1%). 44% 20% Phelps Dodge (3). 25% 9% Phila ReadC&1.. 15% 8% Philip Morris&Co(1) 16% Phillips Petrol (n3). 19 ;Plerce-Arrow A (2). 65% Plerce-Arrow pf (6). % PlerceOfl........ 24 Plerce Petrolm(10c). 27 Pllisbury Flour (2).. 68 Pittsburgh Coal pf.. 9% Pittsburgh Unit Cory Rolosnnmn Broro L] 321985 o ¥ | kE ] 2! 3 s 3 Ea : ¢ § iR H g i 0 il 80 H i bl i ga 58 Postal Tel & C pf (7) 18% Prairie O1l & Gas (2) 24% Prairife Pipe L (165).. teel Car. .. 2 ; £ ' 8!8;;; HiE '2,' bl i Rifgs il 8 B ) bl b 50T il Reading 24 pf (2)... 30% Real Stk (5).. . 14% Rem Rand (1.60).... 84 Rem-Rand 1st pf (7) 8% Reo Motor Car (80e). 6 Reo Motor etf (80c). 15% Republic Steel...... 40 Republic Stee! pf (§) 10 Revere Copper & Br. 88 RevereC& B pf (7). 13 Reynolds Metals (2). 2 Reynolds Spring.... 1 70 Reynolds Tob A (3). 10s 41% Reynolds Tob B (3). 21 5% Richfield O1l.. . 7 Rio Grande Ofl. 20 Rossia Insur (3.20. 38% Royal Dutch a3.31 44% Safeway Stores (5. 25% St Joseph Lead (13). 631 St L-San Fran (8)... 70 8t L-San Fran pf (§) 27 StL Southwestern . 14% Savage Arms (2).... 4% Schulte Retall Strs. . 1 108 3 IS ON ENORMOUS SCALE | 1ie* 101 Special Dispatch 1o The Star. 6% 1% 13% SuuBusSvanSBuan 45 Sears Roebuck fl“. 3% Second Natl Inv. 3% Servel Ine. . 16 Sharp & Dohm. 20% Ihll!uek(m)('l‘fi) 7% Shell Unfon Ofl..... 1 Gamasen (Continued From Page 13.) Stock ana Sales— Dividend Rate. Add 00. Hizh. 1 40% Sou Ry Stew: Tide Web: 2% Wilson & 10:30 A M. 1:30 P.M. bt g;lg-na rates as sUnit 451 nuk hfiu 3% {u stock % Pt 158 11% lair Con Sinclair Oil pf ¢ Skelly Ofl (3)... Solvay Am pr Sou P Ric Sug pf (8) Southern Cal Ed (3). Southern Dair A 1%. Southern Pacific (6). Southern Rwy (8)... Spang:Chalfant, ... Sparks Wl(llllll a). Stand G & B pf (4).. Stand Invest Corp. . Stand O], Clll(h’%) Stand O1l of Kan (2) Stand Ofl of N J (1) Stand OIIN Y (l.‘o). Un Tank Car ( Utd Afrcraft. . Utd Afrcraft pf UnitedBiscuit (2) Utd Carbon (2). Utd Cigar Stores. Utll Pow & Lt A (e2) Vadasco Bales Corp. Vanadium Corp (3). Van Raalte 1st pt. Va-Car Chem. Va El & Pow b Vulcan Det (4). Wabash. ... Wabash pf (A) (5., Waldort Systm (13%) Walworth Co (2).... Ward Baking (A)... 210s Ward Baking (B) . Ward Baking pf (7). Warner Bros Plet... 1 Warner Quinlan. ... Warren Bros (3). Warren Fdy & P (3). o the Intest qusster Im g ess than 100 shares '“..l..i Un Ol pf (%) ‘Theat: SennBinad - =3 5-5% M&Oet (4). B2-snBena B Sterl Sec cv pf (3) Warner (3). Stone & Webster (4). Studebaker Corp (3). Sweets of Amer (1).. Symington. .. Symington (A). 8% Tenn Cop & Ch (1) Texas PC&Ofl. .... Texas Pac Land Tr. . Thatcher Mfg (1.60) The Fair pf (7). Thermotd Co. Third Natl Inv (a2). Thompson (J R) (3). Thompson Pr (2.40). Thompson Starrett. . Thomp-Star pf (314) Water As (80c) Tide Water As pf (6) Timken Det Ax (80¢) Timken Roller (3)... 7% Tob Prod (A) (80¢). Transamerica (1) 6% Transue &W (1) Trico Prod (2%), 84 Tri-Cont Corp. . Tri-Cont Corp pf (). Truax Traer (1,60).. Twin City R Tr (§4). Ulen & Co (1.60) Und-Ell-Fischer ( Unon Bag & Paper. Union Carbide ( co) - ae @ OO 11N TIPS 9 -3 BEaRana® 5 50% 67% 67 W 29 1024% % 21% IS% 14 lu rm 815 68 28% » EXY 0T - s o PYL-L Y e yeperi - SE2ewd o =3 . 8o 254 1 3 1 3 43 3 60 2 9 1 3 Westorn Pacific pf. Western Union (8)., Westingh'se A B (2). gufln: E&M(5).. Westvaco Chlor (2). White Motors (2).... Willys-Over pt (7 Woolworth (2.40) Worthington Pum, Wrigley (Wm) (4 Yellow Truck. ...... Youngs Spring (1), Zenith Radi Sales of Stocks on 244 3% ln York Exchange 12:00 Noon 250,100 M given in the abo the annual gash ) rearly dec) early rat lus 1 Pitis 4% in s XL nrnu 8% in stock. p Plus shl in m-mmc- 26% AUTO INVENTORIES DROP. SAVINGS DEPOSITS oy wr | DRIVE S PLANNED ‘Motors Popoeations Getober e T"m"'! A.B. A. DIVlSIOI'I Prepares for Somners by deaiors'in tne month otonsd | Big Advertising Campaign Throughout Country. for as compared with a | Special Dispatch to The Star. lllfl that it will adjust itself| NEW YORK, November 20.—A Na- fure months. ves sales to|1iO0-Wide campaign designed to com- | else bat “unscrupulous methods” employed overseas shipment, for each month this | to divert savings from savings banks is year and the same months in 1929: include newspaper advertising de- to popularize savings accounts and to offset the efforts of numerous competitors of the savings banks, who, Marquette, Vik: mmummmp:. according to the announcement, “are cars are in- the tolhnllw'-ht — Sovie S = v right of banks to the savings of Amnrlun people. They have ndnpud most modern methods for bringing mz-mmzo{mnumu- posit savings accounts. Unfortu- nnely. in many methods ha h-nksn( relations. sections the attack on nvl.nu accounts pronous has been inced.” One vlnp banker became & clous of w mzmmmn were having on minds v! -vln‘s depositors #nd 1.n- terviewed almost 500 of them, the an- nwmmt. sald. It was added that Campaign of Education. The solution for this condition, the division stated, is for the banks to institute a viril Nation-wide cam- paign of education, using advertising and publicity as channels through which to reach the public. This cam- paign is to be under the supervision of a eommmeequpon;uim by A. C. Robis president of savings bank division of the association. The first feature of by the ment said, which are for the use of banks in their local papers, and have hu:&l:\d?dl.nlommum‘-o(nuch a A for m of copy every the mh ll'ld -w more - community 'lawu: duj . !n lddmon is for the banks to lay the truth before the people wid bl Sl B e Gt cal ly selec of. hulneu-bnlld- ing and good-will mediums was l- to | proved by the committee. Around :I.onn ‘There lhlnnu -uh-muu for a vings account in a bank’ a cam) of education has been buflt.” e The membership of the mmmlttze dlrectin‘ the campaign consists of W. R. Morehouse, vice yrnldent Be- curity-First National Bank, geles, chairman. Guardian Trust Guy W. Cooke, assistant euhler Pirst National Bank, Chicago. Hastings, treasurer Spring- n"eld Institution for Savings, Springfield, ass. J. V. Holdam, assistant vice pruldent Pirst National Bank, Chat! F. R. Kerman, vice president America, N. T. 8. A, San Francisco. Don Knowlton, m: r publicity de- partnmient Union 'n’ufi , Cleveland. J. A, Price, advertising manager Peo- ple’s-] Pl".nbur'h ‘Trust Co., Pittsburgh. NEW YORK BANK STOCKS NEW YORK, November 20 (#).— Over-the-counter market: Banks. of America k of U 8 Uniis % e % % | Gas 648 were off 2, Goodrich the best antidote for such o ‘condition | ¥ 2 ye Clinton F. Berrsovlee pfuldent Union | A E. Herman Ernst, assistant treasurer | Wash: Lon A mu‘x::x Savings Bank, New York City. BONDS ARE HIGHER @ONDSE] Received by Private Wire Direct to The Ster Office UNITED STATES. 91.000.) IN QUIET MARKET Domestic List Advances, bu’ Weakness Again Appears in Foreign Group. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, November 20.—Bonds improved narrowly in quiet trading to- 28% | day. In the domestic section the ad- vance was general, but in m foreign ericans and a few Cen- iptions. been the case so often in re- the course of the stock the prime factor in the investment market. The market is filled with rumors reorganization El:nl for companies whose obligations ve, by their price movements, dis- counted receiverships, and with that interest and sinking fund pay- ments, due December 1 and at the year- end, may be defaulted. But so far as suthentic information is concerned, Lib 3%s. LiAb 18t 4% Lib 4th 4% US3I%s UsS3% UBE%s's2.. Argentine 58 *48. .. Argentine :‘u .J. mul ay '¢1. s Ju 89 Arl- ine 68 Oo ‘69 Argentine 6s A Argentine 8a B " there is yet no confirmation for any of | Canad: these reports. Meanwhile, however, in- with any but the best secured bonds. Money rates were unchanged, and volume, though heavy at the opening, red off as the session advanced. In_the hlg‘h-‘rlfle group Canadian Pacific 4s, esapeake Col n 5s, Nickel Plate 445, 5%s, Standard of Philadelphia Co. Ngurlun Telephme ew Jersey 5s and 5s were strong fea- tures. Convertibles were irregular after early strength with stocks. Alleghany 5s, American International 5'¢s, South- ern Pacific 4%s, International Tele- phone 41;s, Texas Corporation 5s, In- ternational Cement 5s and Loew's 6s ‘were higher, while Commercial Invest- ment Trust 5%s and Philadelphia & Reading Coal & Iron 6s Bt. ul adjustments, with s slight improvement, and Florida East Coast 5s, unchanged, were active leaders in the secondary rail group. Both of these bonds are selling currently at levels reflecting doubt as to interest pay- ments. 8o are Chicago & Eastern - nois 5s and Seaboard Airline 6s, but both firm ‘were today. Among industrials American Natural 6s drop- ped fractionally, Paramount Public de- clined % and Shell Union Oil 5s were off a point. Strength was evidenced by Anglo-Chilean Nitrate 7s, Dodge Bros. €s, Goodyear 5s, American r Re- fining 6s, Pan-American Petroleum of California 6s, Hudson & Manhattan income 5s and Interborough Bolivian issues mirrored re| that | the government there is face mcclncy of msklnl dn.nu- retrench- ment lerv\ce on debt expressed sible for wmeu fl\ ligations. Uruguay 6s, Brazil Brazil 8s and Cordoba City 7s were slightly higher. Oermln government 5%4s were 8 de higher and over - Doint -hou t!u low. The issue kad heavy liquida- tion to absorb, much of 1t nm&uu:: o overseas selling. permnn nf Bank 6s moved down fractionally. Kreuger & Toll 55 were off a shade and so were Austrian 7s. New issues today amounted to about $12,000,000. SR BANK CLEARINGS. NEW YORK, November 20 (Spe- Today. $790,000,000 $1,495,000,000 133,000,000 340,000,000 % | clal) — New York clear New . York: New York Pederal Reserve Bank credits 114,000,000 —_— Washington Stock Exchange SALES. Washington Gas 6s $1,000 o 102%, $1,000 at 102%, $100 at 103, 100 at 103. Capital 'l‘flfl.hn t 50. Potomac_Electric 5'/&% p!d-—lo at 107, 10 at 107, 10 at 107, 10 at 107. ‘ashington Rwy. & Elec. pfd—5 at 98. nthaler Linotype—30 at 89, 10 , 10 at 89, 10 at 89, 10 at 89, AFTER CALL. Washington Gas 6s $500 at 105. Washington Gas 5s—$1,000 at 105, 1000 at 105. Gas 65 “A"—8$1,000 at 14 142,000,000 ashington a7 $1000 at 108, Capital Traction Co.—10 at 49%, at 49%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel Pot Elec. w.:r?“lue{on ML Vernon ctf. Wash. Rwy."& Fiec. 48 lflBClLLANlOUl. Barber & Ross, I | Chevy Shase “ein "S Golumbla Country” Clul aadz " NATIONAL BANK. 4. . %flm 4 7” mery t Soerty (1) ) nd ( Feamteton 3. -rnus'r' counur sesus 88 28 " g 538 M National Savi; Prince Georuen. Bank SEsiial B8 SAVINGS BANK. Bank of Bethesda (81). Somimerce & Savings (i0)] East Washington (12) g s==§====‘ 28 [ | American i) | gorcoran emen’s % Reamea) "onton (189 TITLE INSURANGE. | Golumbia, <6 | Estate "Rl 2. Go MISCELLANEOUS. " 3= gEupsnEis ¥ B 23035 nEue: 285 S | g- & m Seduriy” siory 3 Woodward & Lothrop ptd, ( Y dividend. Botks Ciosed. vestors are in no mood to experiment | Chil Dan Mun $s A 46, Dan Mun 8s B *4 Duteh East 1 6; Finlan® 7s '50 65’34 2 65...288 2 32 Norway - | Ortent dev 535 ‘58 Orfent dev 6 '63. . Parfs-Ly M 6368 Poland Ta"41, Poland 8 50, Porto Alegr: Queenland 7 Rhine West 28 el wa =B NRBNACN R - ooy avnn RS Toho El Pow 78-85. 19 Tokio 6% 80 B% 104% 104% 87% 8w 95% 95 102% 102% 1073% 107% 111% 111% 107% 107% 108% 108% 4% - 9% 100% 100% 105% 104% 83% 83 109% 109% 108% ' 108% 108% 108% % 105% 105% 103 102% 102% 102% 9% 95% 106% 105% 121 1204 125% 125% 0% 90% 0% 70 80 80 101% 101% 105% 105% 105% 105% 81 80% 106% 105% e T 71 70% 106% 106 101% 100% 1024 102 105% 105% 102% 102% 91 8o% 97 - 97 106 104% 106% 1065 10216 1021 81. 80% 107% - 107% < 81% 80 90 : 89% 1041 104% 1043% 104% 105% 105 9% 9T 97U 9T 90 90 11 105% 106% . 10 96% 9% MISCELLANEOUS. ABItIDI P& PESs’83 5 Ab& St 5%s Adams Ex; Allegheny Alleghany 6 Allis-Chalm 22002988203 e Ao BRe Rell Tel Pa Bell Tel Pa Beth Stpm Beth St rf fs Det Ed rf 6s B "40. Dodge Br col " Duquesne 4% s Gen Cable 5% 47, Gen Motors 6337, ] F3 A RNoRn ANRANANNHA~ SaN 0 an P Humble O1l 58 Hum O&R 5%s '62. MRBTIistofbaA. 111 Steel 448 °40. .. Inland Steel 43578 Tn: Cement B8 '48. Tnt Hydro EI 65 44 int Mateh 584 InM M col tr 6% 41 nt Pap 58 A "47. Tnt Pap 6865 .. ., IntT&T4%s'52.. 14839 Lorillard bs ‘51. Lorillard §% o, e T I SRusatnBRan~ qwa McKes&Ro 518’50, Midvale Steel ::’l‘ Nat Dairy 5% 548, Rad 6384 P BT ==Y T 1 Punc Excb 1 'l'. Phila Co bs ¢ fifm 69% 10214 106%, 101 Bales m.m’:"l’ 4% Pub 8v G 43 Pun Aleg Sug Tex Corp ov b8 '44 Trana Oil 6% Utd Drug cv 6s 53 U S Rublst 847 -0V 1st 6% Wil & Co 1st kel You !lh'l'll“ll.. RAIL Ann Arbor 45 '53. Atchison ad) 48 Atch'on cv 4348 ‘41 AtC Licol 48°63... AtCL1stds 63, . AtCL4%Ks'64.. . At& Danv4s 48... B&Odn'4s B&Oev4é Bklyn Un BY Bklyn Un 1st Can Pactfic nn'n Can Pac 58 ctfs "44. Can Pacific 5s 5 Cent of Ga 58 C 5! Cent of Ga %8 '59 Cent Pacific 4849, Cent Pacific 5s 0. Ches Corp 68 47 Ch& Alt3%n’50. . Cl"l!t?ldjll Hen =lt m “h l“l llfl lfi lfll 1024 102% 20% 20% M 9N 8% ki) 105% 105% 106% 101 100% 101 109% 109% 109% 9 . 98% ” TiH 7L ums lolk IOIM ID l0 lO 80% 80% 80% “ 3 3 50 50 80 104% 104% 104% 102% 102% 102% 3-:- rRonuanunBaSe onwnlasammel - . oS 28 1101 101 15 102% 102% 102% ROAD. 1 66% | Atchison gen 48 96 100% 100% 100% 100% 100% 100% 95% 95 96% 102% 102% 102% 9% Roanbe 99 98% 98% 102% 102% 102% 88 88 8 1 9 9 9 9 9 0% 104% 1043% 104% 101% 101% 101% 104% 104% 104% Srasaun Gma 1% 1% 1% 89 88% ll 99 98% 103% 103% lm 103% 108% 103% 9% 96 96 N 9 9 4% 94% Mlk l“% 108% 8% lm INK 100% £ ==-.-.-u-=n ey SeES-5a Ch&NW gn 3%s°87 7 Chi NW unczo" 809993399 g52nnman w"-g»i‘ (E) - Erie 53 1975 Fla E Coast 58 °74. Fond J&G 4 GrTrstdb 7. 14 Hud & M rf 58 57.. liinots Cent ll 51, 111 Cent 5 M Cent 4% 111 CCStL&N Int Rap Tr 6 Int Rap Tr s Int Rap Tr 6 Int RysC A 68°72. Iowa Cen 1st 58 '38 Lthllrll“ Manh Ry 1st ¢s Mil E'Ry & L il‘ll Minn & StL en bi MStP&SSM 5%s'78 0 NY NH&H ev 4b 6s NY NH & H elt 6 Nor Pacific 3s :u! Nor Pacifie 4 Nor Pacriés 10‘1. Philippine PEWV unc *60. Por R L&P T%s "6 9 104% 104 2 105% 105 1-100% 100% ' 18 102% 102% 102% 51024 102% 102% 964 1% 2 101% 101% 101% % 1% TT% 25 100% 100 100 1 98 28 98 5 964 96% 4 111% 11 MERGENTHALER C0. - REPORTS BIG GAIN. Total Assets of $30,880,132 Revealed in Statement as of September 30. The financial statement of the Mer- genthaler Linotype Co. as of 1930, pared with $30,800,143, on September 30, 1929, and a surplus of $13,100,546, against $12,806,970 a year ago. Current assets totaled $11,525,901 and current labilities, including Fed- eral taxes, $276.067, as compared with eic... 'tum *Power and i3 equis- ment .. ’ 5332 s with 13% 80% 98% 6 100% 100% 100% 14 88% 88 88% 2 100% 100% 100% 2 1056 105 106 7 98% 97% QIVG l 106 106 87% 56 57% 17 mv. lol% lfllfi 12 98 'C ll 88% 88% D”fl 88% 88% 88% ll 102 101% 101% 22 93 92 92 73 U 9% 9% 98% £ 95y | can 99% 96! 12 101% 101 101% 10 107% 107% 107% 1 84 84 8¢ 1 9T% 9T% 974 25 90K 89% 904 7 102% 102% 102% 2 107% 107% 107% 22 101 101 101 9 82% 82 83% 1 364 364 36% 2 97 9 27 % T 1% 1% 111% 2 98 98 98 82 102% 102 102 63 98% 08% 98% 24 100% 100% 100% 4 104% 104% 104% 1 24 24 24 2 96% 96% 96% 5108 108 108 15 101 100% 100% 1 100% 100% 100% 8 100% 100% 100% 2 99% 99% 99% 9914 | coPper % 961 . 12 100% 100% 100% 82w [ D% 1t « 85 114% 114% 114% Term As StL5s'44 1 105 108 ' 105 Tex & Pac bs B "17. 905 9985 9o% Tex & Pac 68 C"19. :I:: iz %3 ‘Third Av ref 4560 Third Av ist §s ‘37, Third Av ad) 5a '60 i EEU 7. Un P 1at rf 58 2008 VaRR4%s'62.... Bk B s B ema v B B gyzseary i R & .