Evening Star Newspaper, February 22, 1931, Page 60

17 1SSUES IN DEMAND !U. S. Group Is Quiet and i eign Power . Pacific Gas 5s, held firm. > vious session stood out in the foreign - from the United States, FINANCIAL. THE SUNDAY STAR. WASHINGTON, CONVERTIBLE BOND BOND SUMMARY FOR THE WEEK UNITED STATES GOVERNMENT. 1031.— mh Low. Stock and dividend, lnt 13 102 8 Lib 1st 4% 8 1932-47, 24 Lib 4th 415 1933-38. 105 ! ;¢ . Firm—Australian List Shows Recovery. ; BY DONALD C. BOLES, Asscclated Press Financial Writer, NEW ° YORK, February 21.—Only mild interest was shown in bonds in ! the short session today and most obli- © gations sagged in quiet trading. For the third successive day_there was virtually no activity in United States Governmenls, and prices held + close to the previous closing level. Legal 2 rails were steady to a shade lower with wide fluctuations in issues s:lling far below par. Utilities were more stabie | and such issues as American & For- Cincinnat! Gas & Elec- tric 4s-A, Consolidated Gas 5!2s and The strong recovery of Australian bonds on top of sharp gains in the pre- mup, where irregular tendencles were ce. Australia 5s gained 3 polnu and other bonds of that country ‘were on the mend. A few of the popular convertibl Joined the rally of stocks, but ad: ‘were limited to fractions in mo: stances. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, February 21.—The Jowing is today’s summary of imp corporation news prepared by the ard Statistics Co., Inc, New York, the Associated Press. News Trend. | Silver production as reported for the #ix leading producing countries in 1930 | snd for the United States in January has established a very favorable t in view of the tremendous overs: that has brought the market to its present low level of price. Numcrous | mines, unable to produce under pres- sure of falling prices, have been respon- sible to & large extent for lightening the burden. Output in 1930 was lower by 16,452,000 ounces than the total cf 227,680,000 reported in 1929, and was also below that reported in the vears ' 1927 and 1928. Production in January | Canada and { Mexico declined from the total of the ¥ previous month, but Peruvian output., on the other hand, shows a sharp in- | éaeue Reports of no shipments of the | ? metal to China in January from either | New York or London indicate lln!’ the burden of consumption will be | heavier for India, where shipments re- | ceived have grown to large proportions since September, 1930. Although the | current demand from that quarter is fairly quiet, inquiries are better for de- | livery after March 1. The market at guent 1is exhibiting a s ewhat firmer i The Industries. Cotton—Cotton spinning activity in| Junuary, based on activity cf 8.91 hours ! & day and an average of 26 4! epindies operated during the month, it .8 per cent of capacity on a si: 3hift basis; compares with 76.1 p-” nt for December, 80.1 per. cent in | ovember, and 100.2 per cent of capace ty in January. 1930, | Railroads—Rall freight traffic han- dled by railroads of the country in| 1930 declined 14.3.per cent to 422,116.- 650,000 net ton miles. Surplus freight| cars of class 1 reilrouds in good repair on February 8 amcunted to 654.199, an increase of 7.429 over previous veek; there were 5 otives in need of Tepair on February 1, representing 10| phr cent of totzl on line and 134 below January 15; or of serviceabie lo- | €omotives in storage increased 137/ from January 15 to 9,683 on Febru-| &y 1 Steel—Southern furnaces more ac- | tive, with 74 per cent operating; 16 cut of 23 open-hearth furnaces operating | in Birmingham district and 12 blast furnaces producing pig iron: gradual fmprovement .in iron and steel indus- ry continues. ‘The Companies. Amerada Corporation 1930 earnings estimated around $4.50 common share,’ ag2inst $2.99 earned in 1929 American, British & Cont ration liquidating value Dec ed share s 1930 against -mber | American share earn American (parent comp: $800.984, 2gain American Strike sales, 2 like 1930 month American Utilities & General Corpo-| ration 1930 common share earnings, 42 cents; earned $1 in period from Feb-| ruary 2 to December 31, 1929 | Armour & Co. omits preferred dl\l-w dend; paid $1 January 2. | Aviation Corporation (Delaware) sets | March 3 as expiration dete of share ex- change offer to Fairchild Aviation stock- holders: Fairchild may give Aviation op- tion to purchase all stock of Aviation Corporaticn of nada held by Fair- ild for $40.009 on 10 days’ notice rchild any time prior to July common $14.10 cco January Lucky 249,000 cigarettes over order for nment amount Brunswick-Ba 50.000 col market. re to 450.000 sk Centr liguidating common 1829. Chesapeake Corporatic ghare earnings. $347 vs Chesapeake & Ohio surplus, after sinking fur r to retire it in open outstanding Electric Co December $9.40 Decen hicago, Milwaukee, ific Railroad 1931 im| about $15.000.000, ¢x¢ Chicago Yell share earnings Cincinnati Paul & Pa- budget v ohlo cor- Co. of December £9.69 De -~ Chi- 1idating 8280 ccmmon share m- ber 31, 1929 | Cream of Wheat Corporation .930 common share earnings, $311 vs. $3.13 Crosse & Blaekwell, . 1930 com- | mon share earnings, 12 cents va. 12 c Dominion Stores, Ltd., share earnings, $1.91 vs. Drug, Inc., 1930 commcn share enm-l ines, $6.03 vs. $6.35 Durham Duplex Razor declares $1 quarterly dividend on $4 prior preferred; paid $1 March 1, 1930 | Emerson-Brantingham proposes to change par of class A stock to $10 and class B to $5 from no par Ford Motor Co.. A. G.. of Germany 1920 net income, $785400, & >inst $528.360, Franklin (H. H) Manufacturine acteauied output for February, March and April increased 15 per cent General Motors—Normal working force at Olds Motor Works: latter ex- Vs 1920 common $2.17. ;ecl.ed to produce about 6,000 cars in| st ‘ebruary; 4,400 shipped in January. Hudson Motor Car declares quarterly common dividend of 25 cents a share; Faid 75 cents January 2 Icaho Power 1930 net income, $1,531,- | 8:7' against net jncome $1,330,685 in! 1929. Insull Utility Investment Co. liquidat- ing value December 31, $4.55 wmm:\n 104 4 107 109 High. Ao 92 76 106" 85 8613 1 30 101 101 104 139 1931.— Low. 90 8914 56 103% T4y 8 10184 261 103% 55ty 7 1031 72 561 973 1098 1004 104% 1014 101 927y 10529 U 109 14 7 US38%81940-43, 7 US3%s1943-47 2 US3%s1946-56 S 451944-54 US4%s1047-62. FOREIGN. Stock and dividend Argentine bs June ' Argentine 6s Australia 6s ' .1 Barnk of Chile 648 ‘67, Bank of Ch’ Belgium 6s Bolivia 7s cr 69 Bordeaux 6s 24 Brazil filas 19 Brazil §s 41 Canada 5s 5 Chile Repubiic s 1060, Colombia 6s 1961 Jan Copenhagen 5 Czechoslavakla 85 51 Denmark 5% Denmark fis Dutch Dutch Finlard s " Frencn v French Tigs '41. 65 wi Mexico 4s 1! Milan 63 Paris-Lvons . Paris Ovleans ': Peru 6s " Peru 7s.. Pireili Co of Italy Poland 85 '60. . Queensland 65 '47. Queensland 7s "41., Rhinelbe 7s. . Rhine Westph 1tio de Janeiro 8x o Paulo State o ine Dept of s Vienna 6s 1 Warsaw 7s Yokohama Am Internation Am Natural G 6lgs £ 181 6847, . Am Wi 1 Armour & Co Armour of Del Atlantic Ref deb 5s ' Bell Tel (Pa) ref 5848, .. : Beth Steelpm b . Certain-teed 51 » Columb G & E . Comm Invest & Chile Copper § Colon Of] 6s°3 deb 7% e84 * Comm Invest deb €s Con Coal (Md) It ref High. 100 20 L.ib 3% 8 1932-47.....101 26 ml 16 101 ..102 24 1107 14 107 L11114 110 2 RAILROAD. Stock and dividend. Ateh T & S Fead) 48795, Atch T & S F gen 4s Ateh To & S Fe 434848 Atlantic C L 1st4s'62.... At Cost Line 43%8"64... 100 B& O gold 48 B&Ocv4ls's Balto & Ohio 5848 B&Oref5s'95. ... B & O ref 53 D 2000, Balto & Ohfo 65 95 B&OPLE& W Va 4s... B&OS W Div6s'§0. .. Bangor & Aroos 48 ‘51 Boston & Main 7 Broadwy & 7th Av bs 43, Brooklyn Manh 1st fs A Brooklyn Union 5s'50.... Canada Natlonal 4% 854, Canadian Natl 4 %s ‘67, Canadian N Net High High Chge. 6 Low. Close. 95 46 97 99 19 121% 96 968 994 9on, 9Ty — % 101 4 108% 411 104% + 15 104 41y 1094 + 1 9R1e 4 Low. Cl Low. = 2% + % 101 20 101 24 o 1058 10510 + 1078 0 10874 105% 10412 101% 104 101% 1101 1071y 981y 951y 1051 1021y 84 ceee 104% 104 . 109% 981y 10412 814 56 41 10,3 + 14 1010 &8 9914 991, 99"y 105" 10014 £ 103 8%, 261y 981 101 61t 104 63 86 10574 Canadian Oct. Canadiar Pacific deb 4 4 Centraj Pacific 45 49. Central Pacific 58 1960, Chesapeake Corp 68 °47... 100's Ches & Oh gen 4148 °92,.. 106% Ches & Ohfo 4148’53 A... 101%s Ches & Ohlo 4138 B'95... 101% ChiB&Qa%s B 77...... 103 Chi B & Q ref 63'71 109 Ch & Eas: 11l gen 68'51... 46 Chi Great West 4369, 6910 Chi M St P& P 6875, Ty Chi M St P& P adj bs.. 31y Chicago&Nwn ey 4% 849, 91t Chid& N W 6ls i [T Chicago Rys os ‘27 Chi It | & Pac ret 48°34... ago 1478 A Chi (nion Station 4 43. Chi Unfon Station 6lgs Chi& West Ind con 4 Chi & West Ind 6los : CCCEStLIT4RSE CCC&StLESD Ch Clev&StL ot 68 Cleveland Terminal 6138, Colo & Sou ref 4148 '35, Cuba R R 5852 : Cuba North 6% Del & Hudson &% 37 Den & Rio Grand 4s Den & R G West 58'55. ... Den & R G West 6578, ... Detroit United 434832, Erie 1st con 48 '96. 10 ) 671 99%, 100 1100 111 101 101 10575 106! 1024 102 102 04 1007 104%: 1041y 1093 1017, 611y . 101 104% 105 109% 101% 657, 1007, 104% 10414 1097 101 1047 103 Flor East Const 681 FondaJ & G 4%s ‘52 Grand Trunk s f deb 6 Grand Trunk 7s '40 Great North 4148 '7 Great North gen 78 "38 Havana Elec Ry §'4s. Hudson & Man adf bs' Hud & Man ref is'57. + Illinots Cent ref 43" Iliinots Central 4 inter Raptd Tran &s '66. Inter Rap Tr b8 sta ‘66 Inter Rap'd Tran fis 4 Inter Raptd Tran cv 7s. Inter Gt Nor adj "65... Inter Ry Cent Am 6% Kan City South 3 Kan City South b Kan City Ter 1st + Lake Shore 48 ‘21 Louts & Nash un 4s ‘40. Market St 97 MIEIR & L 1st ref bs. 101% Minn & St L ref 4s T MStP&SS M6l 100 ity 941y 101% I 100% 09 10214 102 1035, 10 « 1800 13 an & Tex adj &8 Mo Kan & Tex prIn 6sA Mo Pacific gen 457 94 108'% ket 95 94% + Gdiy - 521, 1008, 1074, 10214 1024 108 1084 1021, 102%, 51 26 941y 94% 613 Mo Pacific is G Nassau Elec 48 ‘61 Y Cent deb 4s'34. ¥ Cen ref imp 58 2 Y Cent deb 6 NYCh& SLref6%sA New Haven deb 48 '57 D C.. FEBRUARY 22, (Conllnu?d l"rom Second 1931—PART SIX. ||[ NEW YORK STOCK EXCHANGE | 1931.— e | fiish Low, Stock and dividend. High. 1931 High. 331y 9 20 1204 Low. 261 [ 16 Stock and dividend. Spicer Mfg pf (3). Spiexel-May Ster Standard Brands (1.20). Stand Brands pf (7) Stnd Gas&Elec (3%). Stand Gas & E1pf (4)... Hig 6 9 ec pf (7). Stand Invest Corp. and Oil of Cal (h2% and O11 Export pf (5). Stand Oil of Kan (1) Stand O11 of NJ(12).. Stand NN Y (160).... » Starrett (LS) (1215). ... Sterling See A). Sterling Secur pf (120, erling Sec ev nf(3). Stewart Warnel Stone & Webster (4 Studebaker Co (1.20), Studebaker Co pf (7). : Sun OIl (f1).. Sun Ol pf Superheater (21} Superior Ofl. Superior Steel....... Sweets Co of Am (1) Symington. Symington Cl Telautogr Tennessee Texas Corp (3).. Texas Guif Sulphur (4)., Texas Pacific C & Ofl. Texas Pac Land Trust. . Thatcher Mfy (1.60) Thatcher Mfy pf (3.60). The Fair (2.40) The Fair of (7) Thermotd Co. . Third Avenue Nat Inyest Thompson (J 1) - Thompson Prod (2.40).. Thompson Starrett Co. . 4 Thomp-Starr pf(3%). .. Tide Water Asso (60c). . Tide Water As O pf (6). Tide Water O1l (80c). ... de Water O1l pf (5). .. Timken Det Axle (80¢). . Timken Roller Bg (3) 214 Tobacco Products..... Tobacco Prod(A)(195c). Tobacco Prod dv ctfs Be. Transamerica Corp (1).. Transue & Willlams (1). Tri-Continentl Corp Tri-Con Corp pf (8) Trico Products (2%). Truax-Tra Coal (1.60).. Truscon St (g1.20). . Twin City Rap Tr (§4).. Twin City Rap Tr pf(7). Ulen & Co (1.60) Underwood-El-Fish (5) Union Bag & Paper. Unfon Carb & C 1 Unton Pacific (10). « Union Pacific of (4) .. nion Tank Car (1.60).. nited Alrcraft. nit Afreraft pf (3 td Am Bosch. nitedBiscult ( td Business Pub. . iited Carbon (1) nited Cigar Stores. “td Cigar Stores pf(6). . nit Corporatic United Corp pf (3 United Dyewood pf (7).. United Elec Coal United Fruft (4) Utd Gas & Improv (1.20) Un‘ted Gas Imp pf (5).. Utd Plece Dye Wks (2)., Utd Plece Dywks pf 6% . US&ForSec.......... U S & For Sec pf 6) 10 90 Baltimore Markets Spectal Dispatch to The Star. 20 77 7l 10815 106% 108'% 4 60% 170, b1% 100 81% 105 10 1% 263, 9 2% U $ Hoftman. U S Ind Al US Leather. .. U.S. Leather, A. U 'S Leather pr pf (T)... U S Plps & Fdy (2). U S Realty & Imp (3). U 8 Rubhe: U S Rubbe: U S Smelting & Re US Smelt & Ref nnw.) U'S Steel (7). 8 U'S Steel Corp pt (1. U'S Tobacco (4). (nited Stores A. . Unit Stores pf (4)... .. Universal Leaf Tob (3). nlv Leaf Tob pf (8). 4 Univ Pletores 18t pf (8). » Un.v Pire & Rad. Ttah Conper (). .. Uil Pwr&Lt A (et2 Vadasco snies ... Sales Corp pf.. wadium Corp (3).. an Raalt rginia-Caro Chem. . Caro Chem 6% pf... Caro Chem pt (7). Va Elec & Pwer pf(6) n. Vulcan Detinning (4) Wabash RIR Wabash RIt (A). vo Waldort System (1%).. Walgreen pf (63%4) Walworth Co (1) Ward Baking (A) Ward Baking B Wara Baking pf (7). Warner Bros Plet. . Warner Itros pf (3.85) Wirner Quinla Warren Eros (3) Weren Eros cv pf (3)... Warren kay & Pipe (2). Webster Eisenlohr. Wells-Fargo kxpress 3800 O11 & Snow (2). Wesson Ofl & Sn pf (4). West Penn Elec A (T)... 'est Penn Elec pt (6).. Penn Elec pf (7). h. Low. Close. 3218 8 1814 4 120% 6 624 9T 19% 120'% 77 6314 974 80 34% 33% 17 3214 21% 46 149% 146% 68 B a8 304 107 34 4 a8 103% 16% a8y 4 5Oy 104 x17 51 + +iw~++»n i a1 24 an 1 21% 54's 99 95 103 103% 114 2414 S 13% 16 10 26 130 Western Dairy B. Western Maryland, Western Md 2d pf. Western Paciflc. Western Pacific pt Western Union Tel (8)., Westinghouse Alr B (2). Westingrouse E & M(5) Westinghse E&M pf (5) Weston Elec Inst (1)... West Vaco Chlorine(2) Wextark Radio Str White Motors (2)..... White Rock M 8 (1434) . White Sewing Machin White Sew Mach pf.... Wilcos & Rich (A) 2%.. Willys-Overland. .. Willys-Overland pf (7). \Vilson & Co. Wilson & Co Wilson & Co pt.. Woolworth Co (2.40)... Worthington Pump. Worthngton Pumn B(6) Wright Aeronautical. Wrigley Wm (4) Yale & Towne (2)...... Yellow Truck & Coach.. Yellow Tr & Coach pf... Young Spring (3)...... Youngston Sheet & T (5) Zenith Radlo. S EERAE s 8% 21 4% 28 14% 75 28% 7% 4% R R S 100 263 rations, *Unit of trading less than 100 shares. 4% in stock. IPayalble In scrip. | year no rexilur rute. b Payable n stock. 2 ock f Plus 8% stocfl 100 i 0" &8 : in st | Dividend Tates as given In the above table are the annual cash payments based on the latest quarterly or half-yearly decia- Plus 9% In stocfl. d Payable Jplus 81 in preferred stock. k Plus FINANCIAL., SHORT SALES HELD UNWISE AT PRESENT Hamilton Institute Points to Fac- tors Working Against Sue- cess for Bears. Low. Close. L) 2~ Speclal Dispateh to The Star., 31| NEW YORK, Frbruary 21.—Blanket~ M ing all inquiries about opportunities for selling short in the securities markets at the present time, the Investment Bulletin of the Alexander Hamilton In- stitute says: u.‘ “With money cheap, industrial pro- * | duction low, security loans deflated and 1'% 'l year and & half of readjustment com- s | pleted, short sales can serve no purpose 6 | except incurring a large risk for the % | possibillty of speculative and uncertain gAins. “Fundamentally conditions are those which have preceded advancing rather than declining markets. Industrial production has been declining for the | past year; consumption has ‘ under- | gone a severe reduction. In manufac- | ture and trade, business hes been re- | adjusted to a rate of activity reflecting | depression. With these adjustments, stock prices have undergone deflation: the supply of credit is ample: security loans have undergone great shrinkage. “The imminence of a buying sone has been indicated by these readjustments The one uncertain factor has been the market itself. A first indication of the drying up of necessitous or forced liqui~ v | dation was afforded in December. The {aetion of the market since that time is | affording more corroboration for the {Conclusion "that & buying sone is at ha |RESULTS OF DROUGHT | DAMAGE ARE REPORTED Bpecial Dispatch to The Star. BALTIMORE, February 21.—The an- nual report of Richard C. Ross, Federal agricultural statistician for Maryland, reveals the extent of the damage dore by the drought to the livestock indus- try on the farms of the State in 1930 ‘The value of the livestock on January 1, 1930, was estimated at $39,610.000, & decline of $8,864.000 during the year. The failure of crops and the con- sequent inability of the farmers to feed their cattle compelled the slaughter of many animals and the sale of many others below their actual value, The number of swine also showed & falling off, doubtless owing to the same cause, and the number of young heifers saved for milking showed a de- crease of two thousand. Cmde 0il Production, NEW YORK, Februery 21 (#).—The | daily average crude oil production in | California for January was 531,798 bar- rels, compared with 573,765 for Decem- ber, the American Petroleum Institute reports. Stock flgures covering all products held by the principal market- ing companies at all points in the Pacific Coast territory, including British Columbia, Alaska and Hawaii, at the end of January totaled 180,034,312 bar- rels, a decrease of 998,829 barrels dur- ing the month. 2y 17 32 2114 % - ‘ 148% 1‘5 | 146% 7% 8% a8y 294 107 a5 A 117 2% - 7». 2 | 1% | 9y % % % L 2 1 FELE+EHD - 147 36 100% 113 28 26% 114 2414 5% 3% 9 22 5% 5% 34 10% 51 6% 102% 7ot 20 xT4% 28 14 % 28 76 % — T T AN 28 12 7% 23% 74 L Money to Loan SFuret deed of trast on real estate. h‘m Interest and com: Joseph 1. Weller 20 Wash. L, & Frust Partly extra. tPlus a Paid last hen earned. ock. ~ & Plus 6% in to 3.75 for the latter, with ungraded stock selling mostly 2.00 to 2.50. 1 Native and nearby garden truck in liberal receipt, and with a curtailed demand due to increasing receipts of | advertising sgency veen wide, wholesome. West and East. & BUSINESS EXECUTIVE My general business, newspaper and intimate. It was accumulated both experience has continuous, and outside. early. Southern vegetables, the market is easy at the following quotatio Kale, 75 to 1.10, bush’l; oysier plan 1 4.00 to ‘6.00, hundred; parsnips. 1.00 | to 1.10 bushel; Savoy cabbage, 75 to | 1.00 ‘bush:]; spinach, 50 to 60 bushel, lnnd turnips, 75 to 1.10, bushel. Live Stock Market. ‘The live cattle market holds steady I have been the head of part- ments in sdvertising organizations. I have been all along the line from promotiug prospective accounts to the execution of actusl ones: complete plans including the merchandising of camprigns; edueational director; sell- ing. Wide knowledge. when properly “used. never has been @ disadvents Thorough in what 1 do, and my tivities are backed by good health, clear conscience and ability to smile. 1 want the kind of connection that will Justify a starting salary of 3100 a_week and allow the results of my efforts to make it mutually advan- takeus to _pay me more. Address Box 347-S, Star office. 10 8814 10 105 10 BALTIMORE, Md., February 21— The live pouitry market continues | steady to firm under generally light veceipts and a fairly good demand, but | centered entirely on large, smooth fat stock. There is still & scarcity of small fat broiling chickens, two pounds and | under, and this class of stock meets | with ready sale aL a premium _price. urkeys in lght receipt and under a o | fairly ‘good demand, large fat hers and | DUt Juiet under a light demend and | a o ntered on first quality stock. Re- ‘Efi‘l:l}:"sunfg:re:m:"l:m:‘;-d&u ""\:i‘u but | ceipts light, but few choice fat cattle 8% | coming in, most of the arrivals on the ;LW*'?A hrbmlS-m'N e desirable &nd | wharyes consisting of common to rough | have e fold at discounts. —Hen | stock, which is slow sale at inside prices. | turkeys, 8 pounds and over, bringing Quotations today at Light Street 38 to 4o cents & pound, and gOLDIETS. | Whar: | 12 pourds and over, 36 to 38, but old i : = hens and toms Wil not bring over 30 | mat p ettt first quality, § to 9; com- | to 32, while poor, thin stock, as well a8 | quality, 3, 6. Cows, choice to fancy, | crooked breasts, are neglected aL.20. |5 6; common to fair, 3. 6. Ox'n. as Otlier Pouliry Prices; to quality 3. 6. Calves. veal, cholce, 0, 10':: large, fat. 8,°9; large, rough, Young brofling chickens, 2 pounds|; g: 4 and under, are scarce and wanted at| g sé,,“:,r'," ""'55'fl’Ig”g,’.‘cfif‘df‘;’“m"’;x 5 83 to 365" with mixed colored young | o 50°ch %5 0 g? b | chickens bringing 27 to 28, but poor, | s : thin fowl, as well as bare backs, are | $Omon: (hin. 4.5, Hogs. straight, 8, | not wanted at any price. 1 SRR e o Old hens in beiter demand and the s st market s a shade higher, at 18 to 24, = : for stock weighing 3'. pounds and QUARTERLY DIVIDEND. Underwood Elliott Fisher Co. has de- Datroit Edison ref 6s'40 Dodee 6540 Puauesne 435% 16 mst Coba Sug ilys 3 General Cable i 165 1947 Gen Motors 6= '27. codrich « sodvear Rub & imble O & 1 a Stee) 4 T Cement 58 '48. Inter Mateh s Inter Aer Marine 65 Inter Paper is A 47. Int Tel&Tel cv 418 '29. Kan Gas & Flec 4148 80 Kendall 5% s 48 (war) Lackawanna Steel 5850, Laclede34s D ‘60 Liggett & Mvers 5861, Loew's Inc 65°41 war.... woew's [nc 6s ex war'4l Lorillard 518 " . AMidvale Steel NYNHE&Hart 4%8 '67. . Ol our Hiberal 20 monthly repayment plan. No indorsers required. A strictly ified and eo-fidn! 1 service. eryhn(l Penonll Bankers, N Y NH& Hclt 6540 NY Ry 68 '65. N Y State Ry 448 62, ¥ Wes & Bos 4348 '46. Norfolk & W cn 4s'986. North Pacific 3s 2047, North Pacific 43 '97. North Pacific 53 D 2047. North Pacific r 1 68 2047 Ore Wash 1st ref 48 Penna cn 4158 1960 1'; Penn gen 438" Peuna Penn 4% 36 Penn G 1964 Penn gen §n Penn 6%s '3 Pittebgh&WVa 4348 C'60 Relding 4%48°97. . Rio Grand West col 4a. RIATK& L4%s°24. St L Iron Mtgen & SLIM&SR&G 4833 L &S F prin4s A '60 L&SF4 L. & San Fr 68 B 60 St Louis S W con 48 StPKCS Line 414 Seahoard A Liref 4 Seahoard A L con 6, South Pacific col 48 49 South Pacific ret #0 . 103 80 1081 9915 901 10215 99 913, 94 in o II I.fl.‘ 103 . 102 105 110 105 2 10813 1021, 1011, Building an Estate Many a man and woman has built a worth while estate by systematic saving in properly selected First Mort{lge Notes. 1007 100% 1004 100 104% 101 These notes as issued by us are secured over. but leghoris will not bring over bt . . . on individual properties located in the Dis- 18, while poor, thin fowl is neglected Pan-American Par. Philadely South Pacific 4% Southern Fac 4% '69 ww Southn Pac Ore 4148 : Southern Ry gen 4s §6. 1007 961, 101 at 14 and 15, Receipts of old roosters is more than ample for the demand, which is limited at 12 to 15, but capons continue in good request end birds clared the regular quarterly dividend of $1.25 a share on the common stock and the regular quarterly dividend of $1.75 | a share on the preferred stock, both | payable March 31 to holders of record 6% trict of Columbia and its environs. They bear interest and there can be no safer invest- ! aencit | of company weighing 7 pounds and over are bring- irg 36 to 38, but smaller, as well as slips, not so desirable at 30 to 35. Market continues firm for heavy fat ducks, especially Muscovy, which are | bringing top values at 25 and 26 cents, | but stock under 4 pounds moves slow | at 18 to 20. Guinea fowl and pigeons hold steady, with the former showing an advance &t 50 to 75 each, while the latter sells mostly at 20 & pair for both young and old. Outside of choice large capons, medium-sized young turk:ys and straight young chickens, the dressed poultry merket is easy and other lines will not bring any more than live stock Th: egg market shows little change from last we k, receipts running mod- erate, but ample for the demand which continues light and easily satisfied from day to day. Dealers continue to show | prefercnce for firsts instead of paying a | premium for henueries, which unless very fancy have to be sold at price of firsts to move out readily under pres- ent easy mark-t conditions, The mar ket closed today at 18 cents a dozen for nearby firsts and 17!, cents a dozen for | current, receipts. Vegetable Prices. Market for whit: potatoes continues | dull with demand slow and receipts from all sections fairly heavy. No. 1 stock is bringing 1.50 to 1.90, per 100 | pounds, but ungraded stock is g nerally slow sale at 1. Sweel potatoe ate rec ipt, but empie for the de- mand, and it takes well graded No. 1 stock to bring top values of 3.00 and | 4.00 a barrel for the former and 3.00 | &1 87 697 7, o8 100 1018 1012, 997 10014 106 106 1034 107" 991, 10 54 Phil& Read C&1 68 w149, Philips Petrolm 63 589 Postal Tel & Cab bs '23. Reming-Rand 5148 '47 Stnclair Ol 78 '37. Sinclalr Crude O11 Sinclalr Pipe L Southwes Rell Tel 5s'54 Srand O N J 58 and ON N Y 41is United Drug 754 €S Rubber 181 & r 1 Utat £3 Ctilities P & L 7 Walworth 6x 48 = 1101 : Western Union Tel 648 101 Wilson & Co ist 63 41 10 Voune Southern Ry 1st 58°'94 > Southern Ry gen 68 'G6. South Ry dev 6148 '66 Texas Pacific 58 C Third Ave 1st ref 4 Third Ave adj 5s "6 Union Pacific 1st 48 47, Union Pacific 4s 68 Un Pacific ref 4s 200! virginta Ry 1st 68 Ry & Power & abash 41481978, Wabash 1st bs Wabash 58 B 19’ G Wabash 548 75. West Maryland 4 . West Maryland 518 '77 Western Pacific bs 46 West Shore 1st ¢s 2361. ment than a secunty backed by Was}ungmn real estate. Now available $100.00 and up. HANNON: & LUCH National 2345 1435 K Street NNW. | | March 12. | | | 861 88 98 100 98 105% Fidelity Building & Loan Association ARE RECEIVING 7% ON SAVINGS and fully participate in surplus earnings Mail the coupon for free information 46 28% 98 92 98! 105 101 24 1027 of in denominations 100%, 944 9 10814 103 p 105 961, 51 2. 9 1011 102 110 101 108% 104'% 110 100 101 102'% 102 37 cents quarterly common dividend; | 6,000 direct; patd 50 cents form-rly. 65; good, 140-200 pounds, 7.40a7.50; ew York Transit declares 25 cents| 210-350 pounds, 6.40a7.35; pigs, 6.708 r common dividend; paid 40| 7.00: packing sows scarce; compared n <hare, against $158.85 | cents formerly. | week ago, heavies steady; weights below mber 31, 192 §t. Mauric- Valley Corporation psses | 220 pounds, 10a15 lower: shippers took \ip Co. 1930 capital prefirred dividend; paid $1.75 January | 1,000; estimated holdovers, 1,000; light q 31 | lights, good and choice, 140-160 pounds, ne-O-Stat Controls stockholders | 7.40a7.65; lightweights, 160-200 pounds, netion sale of assets to Minneapolis- | 7.40a7.65; mediumweights, 200-250 soywell Regulator, 6.8507.60; heavyweights, 250-350 6.4087.00; packing sows, my 500 pounds. 5.658 choice, 100-130 Lare, against market steady; extreme top, uranshares PIRSD MORTGAGES Decen Dec Interlake earnini EXPERIENCED INVESTORS APPROVE AND APPRECIATE the advantages offered in our 6% FIRST MORTGAGES They find there is no other type of investment that pays so generously, with all element of risk eliminated. It's 6% con- tinuously—and at maturity of the mortgage the principal is returned intact. During this time it has been protected by conservatively praised improved Washington real estate. May be purchased amounts from $250 up. B X. SAUL. GO Nafional 2100, 025 15th St. N.W. 0 common H Fidelity Bldg. & Loan Assn. 313 Natl. Press Bldg. Washington, . C. 21 () (U, S.| ure) —-Catie - | red week ago. | weighty stecrs, afier Josing ce, steady to strong; lower 11 all light steers and year- 0 lower: new low for season PARIS BOURSE PRICES PARIS, February 21 (#).—Trading was quiet and prices were steady on the | Bourse today. ‘Chree per cent rentes, 88 ZS. ew I on: | francs 5 centimes; 5 per cent loan, 101 rling 2nd butcher heifers 50 lower: | francs 60 centimes; exchange on Lon- at a new low fat cows and heavy | don, 123 francs 911 ; centimes. The dol- heifers 25250 down; light cows .u‘lhnx‘ lar was quoted at 25 francs 5134 cen- off et close, while heavy kinds becams | times, ol 1 RENTAL MANAGEMENT unsalable; cutters steady to| ezk; bulls about steady; vealers 1.00a | CHICAGO, February 21 (#) (U. . We solicit the Rental Management of your property T <s at standstill, with light D t t ] 0es Y F, el .- S I L e whether Apartment, Residence or Business 150 lower: stocker and feeder trade| stockers as low or lower than drought| —Receipts, 88 cars; on track, 254 cars; market Jast July and August; extreme total U. S. shipments, 823 cars; market | Our organization is complete as to securing top yearlings, 11.75; few above| about steady, (rading very slow. Sacked, | 10.00; best heavies, 11.25; quite a few et | per hundredweight: Wisconsin, round tenants, making collections and supervision of repairs. 1000 and better, but bulk, all steers. | whites, 1.30a1.35; few best, 1.40a1.45; 7258950, average cost of all steers and | ungraded 20; Minnesota, round ! Without obligation to you we would be glad ta discuss this with you. vearlings' at 831, being lowest since! whites, < Idaho, Russets, No. 1, 24-hour Telephone Service 1922, | 1.55ai.60; few higher; No. 1.20a1.25 Randall H. Hagner & Company Sheep —Receipts, 2,000 head, including ' few 1.20. )0 direct: for we-k, 98 dogbles fror | iing ticns, 15,600 direct; today's| ™ ! Mortgage Loan Correspondent New York Life Insurance Company 1321 Connecticut Ave.N.W. Phone Decatur 3600 beter grade ] od Address Ower a Third New York Dock— Benenson _proper | $27.250000;" Geor 129,025,000, Laurence | 700,000, Otis Steel b gins v mill bullding Seneca Copper quarter deficit, $95 $58.235; ths of a McGuire, $29.- Century vk on new rollin - € Without a Mining December Loss 3 Shar t el I depariment for Twin City nt v n 7 foe p reduces in a nomiral; compared week ago, | . | e T iotly nies| Washington Manufacturer | giits 10a15 lower; market | rk‘il\. " nln\\nhu.n,.‘ m[ HKHI‘ SIAI‘P. o AipBars: Mlikep Fationg Ui '10r Uie purpose 'of ‘ectin tne cher: few feeding lambs about | -atnal, ity of v Sonait- ‘~l ud ; closing, bulk, good and choice :;rll‘b. r'r’“a" i lin v;.rd ”I'I|1|0u’l’ll og lambs, 94 pounds down, 850a8.90; se g o earing 7% dit ‘Westinghouse Electric & Menufactur- | eral loads 5,00, in line with week's to gahds paniE e niannially WA ing making first shipments on $1.000.000 | heavier lambs, 8.25a8.50; clippers, 8.00a ach unit of four shares of pre- water-wheel generator order for Bag-| 835 wooled native bucks, 7.25a8.00: | ferrea’"nis offer inouid be very n°)l Dem on Osage River, Missouri throwouts, 6.50n7.25; fat e Ol | e e Tty the be Colgate-Palmolive-Peet ‘reported ne-|5.00; medium to good feeding and| will have to participate in this enter Iolht:nl for contrcl of Cadum Scap :lh.’e;rm[ lambs, throughout week, 7.50a " Co. of France. price. ' PLANT inspection _cordially Colt's Patent Firearms Mfg. declares Hogs—Receipts, 8,500 head, ingluding United Electric Co '\]m'» earnings, six mo. 21 cents, against United States at 1z | medinmwe s Co’s common s to January c.nts umor of acqui- THERE IS NO SUBSTITUTE FOR SAFETY invited. For information Sue with' € B.KING, 1 a%