Evening Star Newspaper, April 27, 1931, Page 15

FINANCIAD % 5 hundred-share 10w | ~FrY. 1901~ stock and Saleo— hpev 1081 Stock and Lew. . Dividend Rate. A4400. Men. Low. Closs. " Low.® Dividend Rate. A 3 52% 4T4% Welch GrapeJu (122008 47% . 47% 47% ARE MAflE UN BURB o in odd lota, B . TN e e ”2 "4 Wendan Copper. 2 & & & a4 1 Proguets ® . 21% ingSuperp (11.10)... 0" 13 West Alr Exp 18 18 18 Dividend g - 344 Int Utilities A (3%). 5% Int Utilities B, Many Popular Favorites Are Forced Down to Records for Year or More. BY JOHN A. CRONE. Special Dispatch to The Mtar. April 27—Numerous vorites sank to new lows for the year or longer on the Curb Ex- ge today. Electric Bond & Share duplicated #ts previous low of 40 before meeting support. Cities Service fractionally broke its record low of 15 before re- covering. American Cyanamid B and Standard Ol of Indiana also shattered minimum quotations. * Faced with several major unfavor- able developments over the week end, the curb opened fairly firm because many of the stocks that might have been ad: affected were strongly tion of the Pypchon & Co. failure which had come too late to be mirrored in any in Great Britain last ‘week. The passing of control of Con- tinental Shares, Inc., from Cyrus W. Eaton to Cleveland bankers was also he suspéision of West & Cor & BiA: n ., & Phila- delphia ho wlt.h&'mnkec connec- ing reports affected a number of stocks. Many of u‘:e early ):dn n-un:.d from liquidation of margined accounts, some of which had to be y connected with recent developments in the finan- cial district. ¢Copyright, 1931.) CHICAGO STOCK MARKET By the Associated Press. CHICAGO, April 27.—Following is the complete official list of transactions in ‘ 89% Am Superp pf (6 % % o 2 4% 4% 4% 140% Aluminum Co of Am 1300s156% 186% 150 106% AluCoof Ampf (6). 2 109% 109% 109% % Am Austin Car...... 28% Am BakeriesA (3).. 1 3% Am Br B fd shar H & AmCapital B.... 5 65 Am Cigar Co.. .500s 33% AmCItP&L (A)(a3) 8 5% Am Cit P&L B b10%. 11% Am Com P A (b10%) 7% Am Cyanamid B..... 1% Am Dept Stores. 414 Am Equities 14% Am For Pow war. 3% Am Founders. 64 Am Gas & Elec (31) 97% 110% 102% Am Gas& El pf (6 % 4% Am Invest. Inc (B).. 2% Am Invest war...... 1 1% 1% b54% Am Lt & Trac (2%). 43% 43u 42% 1% Am Maracaibo:. 26 % % % 5% Am Naturd! Gas. © 1 3% 3k 2% 20% Am St Pu Sve(al.60) 24 9% 8k 19% Am'Superpow (40c). 217 12% 11% 99 Am Superp 1st (§) 92% 92% 853 85% 30% Am Ut&Gen cu pf(3). 5% 5 Am Utl1&Gen (B)vte 3 3 Am Yvette Co (25c). 3% Anchor PF (b10%). 3% Anglo Chil Nitrai 2 SefloBunal Arkans Nat Gas A. Ark N G cu pf (80c). Assoc El In Ltd 30c. Asso Gas & Electric. - meSal % Ge& 72 6714 AssoG & Elct (8)...179s 80 AssocG&Ept (5).. 108 % Assoc Rayon........ 1 56 Asso Ray pf cod(6). Assoc Tel Ut (b8%). 3% Atl Coast Fish . 3% Atlas Util Corp. 214 Auto Voting Mach. 814 Auto Vot M cv pf Dt.. . 17% ‘Aviation Cpof Am 161" 10% Aviation Securities. . 414 36% Axton Fish To A 3.20 3 1% Bahia Corp pf. stocks en the Chicago Stock Exchange 153 1393 Bell Tel of Can -1 K111 .S;;;: S.kSSA i 19 15 BeneficalIL (1% 29% 28 Bickford’sInepf2% 14% BHas Co (EW) (n1).. 17% 11% Bower Roll Bear (1). 28%° 18 BrasTr& Lt (b8%). 2% 1 ~Bridgep Mach (26c). 21 19% “BritA T reg 1.17 4-5c. 1% 1% Br Celanese rcts. 81 40 uckeye P L (4).... 53 . 43% Bunk Hill & Sul (3). Sales— Hish. Low. Add 00. Open. High. Low. Closs. 22% 11% :fllhfld Prod 1. 12 l.u 19% 19% 19% 4 1 18% 18 13% 50s 101% 101% 101%°101% 3 1% 2% 1% 2% 5 Butler Bros......... 26% Inter Equ conv pf! 15% Iron Fire Mf vic % Lrving Air Chute (1). 1% Irving A Chute war., 2% Ialian Superpow A.. 6% Jonas & N eum pf. % Kolster-Br (Am Sh). 18% Lily Tulip Cup (1% 5 Lion Oil & Refinin, 16 Lone Star Gas n 30 Long Island Lt M 1 Mavis Bottling (A) Mead Johnson (14).. Mercantile Strs (1) Mesta Machine (2)... Met Chain Stores BId W St Ut (1%). Alid West Ut (b8%). Midland N G A 1.20. . Midland UAit (b§% Mining Corp of Can, Minne-Honey pf (8). Mo Kan P L (b16%). Mountain Prod (1)..; Newmont Min (4). N Y Auction. NYP&Lepf ( N Y 8t n (2. NY Telpf (6% N Y Transit (1) Niag-Hud Pow Niag-Hud Pow A w, d (40c) -Pond 38% Novadel Agene (4. 3% Ohfo Copper..... 104% Ohio Pow pf (6). 45 Okla Nat Gas pf. L O S 000 RO 0N = - 3 CYTTS PLUTHFROSTISTIeTs o Tena i BRGER LY w i Swmnnace % 29% 3 3 102% 102% 75 7% 118% 115 % 9% 10% 10 2% 24 Wil-Low E 124 Wil-low Cafeteria pf Low. Close. > 5 = 8 3 ol ‘wd za 2 3:38238! 3 SRS SSS o P F FEREE P 2 g33=ageesTes s > ¥ ) 3 SERSESERE ..-s..:::i: 25 anen8S usan el o 3 g Tu® 58 5 o .."»-.E. e =K i Qpe oy g2y 3 ag::a::: 13 33 o 880 22e2I B3 s & 3 3t s e it gEameind R foq {gstiidesof * 99! 83 nerdcas C9 o, o S>82 SE2RI2UT48208S! Seweneama O 2 5 Py gt 232322332328232823; FF O RRNER ) ." X T o) % Spassaeises pussnsdiattesess YN 88988 uf 2828 I 5 & 3 S22 o TS 8l . Sages0s0nsn 8 &3 3 * asaa3s S 7 BuS ot R unamnes—u LEN gEe8s8s223555: e » > ::‘5: ; E,g~ 335 5 £ neau fessiis o g2 e Washington Produce Butter -y One - pound prints, 20a30; tub, 28. Eggs—Hennery, 16al8; current re- celpts, 15a16. Poultry, alive—Turkeys, hens, 26a27; toms, 25; Spring broilers, 38a43; Leghorn broilers, 32a33; Winter chick- * | ens, 30a32; hens, heavy, 24a25; light, | Ju; 22a23; Leghorns, 20; roosters, 12al4; ducks, 15; keats, young, 75a80; old, 40. Dressed—Turkeys, hens, 35a38; ickens, 38a40; hens, heavy, 27a28; 23; dews, 2.2582 3.25a3.75; 5.5026.50; .75; pine- les, 4.00a5.00; apples, box stock, 2.25 :g.poo; bushel baskets, 150a2.50; rhu- barb, homegrown, per dozen bunches, 50260, vnmbls—mku.ulflz)- und sacks, 3.50; 120-pound sacl 5; a, 100-pound sacks, 2. sacks, STOCK AND BOND CHICAGO GRAIN MARKET. e " ~ | By the Assoclated Press. toms, 32a33; Spring brollers, 45; Win-| %0460 “Ape) 27.—Cormn whissed | chune industry, large-city life and ral downward today to within a cent of a half a dolla} & bushel, almost equaling & record of 50l cemts in 1921. Oats 19; fresh , | went the lowest since 1901. 20 smoked shoulders, 13%; strip bacon, | maintained comparative steadiness, al- | Actions Against Economio lis Are Classed as “Ruin- ous and Foolish.” BY J. R. BRACKETT, Assovlated Press Business Writer. NEW YORK, April 27.—Governments must quit doing “the foolish and ruin- ous things which have been their fa- vorite cures for economic ills,” Frank Professors Knight and Gulick are . |two of & dozen noted economists who opinions on the idea of a national plan for America. A majority of the experts believe some sort of planning to co- ordinate the energies of industry - perative for America’s economic heal Diseased Conditions. “Under conditions of ma- change,” ated individudl- Wheat ‘rationalizaf by and for the . | egsential” Prof. Knight belleves, however, that for the visible future America is' coth-: mitted free enterprise, .| Among the “ruinous” actions of gov-* ernment, he mentions inflation of the. 'AVERAGES o G i 20 4% Outboard Mot A. 2% Outboard Motor 2% Overseas Sec.. 26% PacG&Blstpfid. 19% Pac PubBSve A(1.39). By the Associated Press. MONDAY, APRIL 27. 358 % CableRadlo T vtc... 3 & WireBrets. 6 . BCs . 35 ;z‘éfliis:iih!fi:sg g 4 | § 1 i i - &R H i IS awabl e neebsduwarme! e 83-!.: i e i Cent Il Pub S pt (6). 108 .16 CentPubSvDel..... 15 14 Cent Pub SvcA b10% 67 Cent Pub Svc pf (6).100s 18 Cent&Swn Ut (b7%) 2 96 Cent&Swn Ut(b10%) 50s_ 94 94 94% Cent&Swn Ut prin 7. 50s™101% 101% 101% 9 CentStat El (b10%). 113~ 9 9 8% 50 CentStEcvpfnaé.. 50s 5% Centrifug Pipe (60c) 7 Chain Stores Stock. . 6 20% Charis Corp (13) « 1 24 18% Chat Ph Aln.v. t1).. 27 4% 14% 13% 197 193 ChiB&QRE(10)... 10s 193 193 193 20% 15 Citles Service (g30c) 11879 15% 16 14% _79% Citles Serv pf (6)...810s 824 5% Claude Neon Lts, inc 5 = M-SR~ NNA - 3!3-‘% R‘SSH-F.... e <% ;~ R 2% Paramount Cab Mfg. 26% Parke Davis (11.45).. 23 - 81 Parker Rust Pr (3).. % % 8y 35088888 ] o i I 5% Pennroad Corp (20¢c) 10 - Penn Mex Fuel (p3). 94 09 108 PennPw & Ltpf (). 0! i sgfi'.i - 20 PeopL &P A (2.40). 76% Pepperell MIg (8)... B0 1 Pe Electric. Hi;: 5 i gs-‘ ihse S et SR L TR SRR SRR 3 i £5-¢ £ : T st atistLu ey, 8 & k11 - H & - 3 Propper McCallum. . 8% Prudential Invest. 3% Pub Utll Hold war.. 4% Pub Utl] Hold Cpxw 1 31% Pub Ut Hold cu pf(3) 98 Puget Sd PAL of (6) €% Pyrene M{g (80c). .. 116% Quaker Oatspf6)... 1% Itainbow Lum Pr A 24 Reliance Int £ 325853, FEEENE SEF et 28 ¥ FESERE TN W e s ¥, o 55535550 s 2 ShEEz. ot 17 Colts PatFire A1%. 16% 16% 16% 231% 231% 230 1% Cmwith & Sou war.. 119 1% 1% 8 Com WatSv (b6§%).. 11 10 % Comstock Tunnel.... 6 %% 10 2% & * 12 TH 82 . 87% 14% Consol Gas Ut A 15 5 Consol Gas Ut B vte. 6 6 6 1% Consol Royal (30c).. 6% Contl Chicago Corp.. 97% Contl G&E pr pf (7). 26s 20% Cont Shares conv pf. 3508 24 Cont Shares pf (B)..550s Bessem 1 171 B o Eaiat -di:ii!!fi:ifi: e firdi: L 588.4 FROE 5! M-ul i3 BEE Stwll. m..s oreg 2l T ?{; ", 3832 eeeees: i % Reynolds Invest. 1% ReybarnCo......... 3 Richfield Oil Cal pf.. . e, Rhy &N ErEECEr 1 £ 4 e = PSS s FREE 2 ot aa S hel I!I;III gie z:m;s Fel 2! SRR SR * New 1930 Tow. (Copyright, 1931, Standard Statistics Co.) - H 0 H 82 N0S! H ESSES S 3588, i if 2 ¥ o % Royal 234 Rubberoid Co (4) & St Anthony Gold. 13% St Regis Paper (1).. 5% Salt Cyeek Pro(1.40). Ra aRansanos . 2 D -:E: ¥, SEuaddde s' = ot onstu 988 o 2328 [ EHumMN TR e w » T Suwawti SRS $352255g0ee EE i Number 2 in @ series of advertisements “What Are The Facts?™ 3 3% Corroon & Reynolds. Cosd. S5, 5 4% Seiberling Rubber. 14 Selby Shoe (1.40) 2% Selected Industri 45% S1.Ind full pd (5%). 1% Sentry Safety It . 6% Seton Leather (1).... Corp. a0y 5 F FEFESE FRESTTA s b N85, g 85! I . Wheel Blkpf (3%). 27% Cuneo Press (2%)... % Curtiss Wright war.. 7 os; :g:r SRS - 5Q0B! 2oy ) i Ve TER D freesks EI & Leading th : ~1rend o p L] HE present downward trend in pricesis Ted by two items—electricity and auto- mobiles. Electricity that cost $1in 1914 costs only 73 cents now. Automobile values cost- ing $1 then, are 79 cents now. In contrast, general living expenses have gone up since 1914, so that food, clothing,amusementsand othel items that cost $1 then are $1.55 now. The automobileindustryisone of the most highly competitive of America’s great in- dustries. Employing 1 in 10 of the country’s workers . . . it sells 4,000,000 passenger cars a year. Electricity’s feat in reducing prices even more drastically than the automobile is, therefore, the more commendable. More Light for Less Money In addition to being cheaper, electric service QZ 5 ofe 583c¥s Ut EsEusEanny 2B 85 MBS, ZX RAB EE $33 e | T TS & ! N Silica Gel ctfs. .. Silver (Isaac) pf (7). 26s Singer Mfg (112%).. 208 4 Sing Mfg Ltd (p23c). 1of {3 B 8 & i S AR VT ;;g-;s-:::-a tH sg 00 §iwy H $y 5 Jzsesatss Delsel W Gilb (1) Derby Oll Refining. . Detrolt Atreraft Cp.. 283222821 R ARG g NS 85 B, e i 78 315 310 316 3 3 Smith (A O) (2). % 3% 3% = 140% 140% Douglas Afr (t1%)..1150s 18% South Penn Of (1) 18 1e DressSRA (3%)... 4 3¢ South C Edpf C 1% 26% R e p e & South Corp.... 34 e .. SoutnernNat Gas % % Southld Royalty 4% 4% 1 2 2 2 124 12% $- 4. @ W Spleg May Stern pf. 21% 21 Stand Investcum pf.150s 85 85 85 Stand Motors. o T % % 97 _89% Stand Ofl of Ind (3). 26% 24% % | 108% 1024 Stand Ofl of Ky 1.60. 19 17% 2% 13 2 Stand O1l, Ohto (2%)180s 50 52 50 22% Elec Pow Asso A (1) 106 Stand Oil, Ohlo (5)..1008 10% 106% 3% Blec P& Lt op war.. Starrett Corp....... 1 6% 6% 18 E] Sharehold (b6% ). Starrett Corp bf (3)+ 18% 184 2% Emp Corporation. Stein Cosmetics. ... i % Emp Corp war....... Stetson (John B) Co.. 89% Emp G & F cu pf (3). Stromberg-Carl(1%) % Empire Pub 8ve (A). Stuts Motor (new) .. 1% Engineers Gold..... SunInv....... 4 Europ Elec deb rts. . Evans Wallow Lead. Falrchild Aviation. . Fansteel Products. 9 Federated Metal 21% Ford M Can A (1.30). 25 Ford Mot Can B 1.20. 7% Ford Mo of Fr(p2sc) 12% Ford Mot Ltd 3¢ Texon Ofl&Land (1)« 13 Ford MLtdn 36 3-5e The Thew Shovel(1) % Foremost Dairy Pr.. 6 . 1 Foremost Fabrics... 3% Fox Theater Cl1A. 46 Franklin Ry Sup (4). 4 Gen Alloys. 5% Gen Aviation. 32 Gen Capital Corp.... 10% Gen Elec Ltd (p70c). 10 50% Gen G&E cv pf B (6) 3008 20% Gen Petroleum 3 7% Gen The Eq cv pf(3). 163 1 Gileaner Comb Harv.. 3 36 Gilen Alden Coal (4).. 7 Globe Underwr (15 ) K‘!‘gll! H s Butal! 150 5 ) T ,O B B 22 &2 8y, 5 o a=;; o) § 3. (4 Qu®! 3 : Ea L o3 9 B 282 offers more to the customer than before the War, Service is more adequate and reliable. Appliances are improved. Lamps, for in- stance, are 65%, more efficient than in 1914 .« . burning longer and brighter. The electric industry is still in its period of vigorous growth . . . capable of doubling its capital investment each decade . . . in- venting each year hundreds of new appli- ances for home use . . . pushing electrifica- tion of farms and factories, houses and highways. One in 13 of New Customers Of the 554,789 new customers added by the clectric light and power industry in the U. S. in 1930, one in 13 is an Associated System customer. Thisgrowthisat a faster rate than for the industry as a whole. Customers of the Associated System re- alize the unusual value of electric service. Encouraged by new rates that make possible full use of electricity at moderate cost, they invested $7,354,058 in refrigerators, hot water heaters, rangesandotherload-building appliances last year, compared to $5,910,048 . in 1929, arn 885 The strong position of the Associated asa growing System in a promising industry has - attracted 223,348 investors in Associated 'fi?-v, [Tt i s [w TS 5] ] securities. Associated securities can be pur- . g Mieee Fow | chasednowatpricestoyield from §%t0625%. EED) ) o) East G & F Assoc. 13% East 8t Pow B (1)... 6% 4 Elsler Electric Corp. 61 40 7 22222222 3 o N . 1133 N E N3 ;u zogie, PR 898! jEd Exm £ SERESE e 2 =0, ot Saw .o & <387 ze Ly Bo. " 'a® 2e8easa SEx22a8: SFRS 22 L1y 2 aan ot '8 :'!, S>> . 5! 2! LR Q! GRS 88 £t Sess g g 2 12 ™ 5 ) "B S T ——— 8 So 30 15 24 £} sEuSely LAY BB 383 Ex 3 § 23352 Boan .98 NN~ 113 g5 i o o = E;’: : 7 2ol meeaW~ NADR Swiss-Am El pf (6).. Syracuse W Mach B. Tampa Electric (32). ‘Technicolor, Ine..... ‘Teck Hughes (60c) 20 i 8 e &I = (i1 afangE egeESstee =St rrsannstas % £ = 5 s _aeantHeliBes! ; o *, SoansBBuatl Wi, < S [ i e 23750 P - T EEet fone 25eee 55 R o™ 1 H 5 FEFIEER Sgs %, b 5 EECrT gt =00, i1 gp3sed Trans Lux DLPS.. ‘Tri-Cont Corp war. .. Tubize Cantillon (B) Ungerieider Fin Cp.. Union Am Invest. . Union Ofl Assoc (2). o Ty T T ) ‘qagdadgdey -1 g5egg 335258 ay FERE gogess o =] £ anais = Bz.sS.x, Unit Chem pt pf (3)-) Unit Corp war. S0 20k! ELs B3u22etuita R et 55| - Se H NonBnealeod Inannen gsuaRatsceuetansioutentiiunnaet et san et niaut B ol th e v s sevillme r'.:un Radio o e 015 3 Stock sales today, 200,000 sh 9 Gramaphne rets(pl). i BONDS. 20% 23% or-n;x_n:'gorn'll)) . 19000 Insull 6s ‘40 . 87% 86'; 86 73% 63% Gray Tel S (14 T el e B R N 260 167% Gt At&Pac Tea nv(8) nd Betee today, % 121% 117 GrtA &P T pf (7).. gl 6% 3 Gm‘llt‘rl rrod vie. . 2 % Guardian [nvest..... L T ORE RTINS, 78% 53% Guif Ol of Pa (1%). fcial Disva i 5% Hamilton Gas rets. BALTIMORE, April 27.— Unit Lt&Pwr(B) (1) Unit L& Pwr pf (6). U 8 Dairy (B)... U 8 Elec Power ww,, U 8 Elec Pwr war.... U S Finishing. U S Inter Sec ist pf.. U S & Overseas war. U S Playing Card 2% Unit Verde Ext (2).. LS § s e i MR 90% - PTSTHRT SO~ » = S @ 3 amnE s 1% Helena Rubenstein. 10 Heyden Chem (1) 6% Hollinger Gold: * O - * To invest or for information inquire of your security dealer or address Associated Gas and Electric System - oadway . New York City - : S e Uil PALt Ut P&L B(at1.02%). Utliity Equities..... 11% Imp Ofl of Can (50c) Util Equity pf (5%). 14% Indana Pipe Line (1) . e g:\!u- ;h‘ . 3% Insull v (5% ) 3" Viowinan Corvsoe 20% . 32% 7 52, InsCoofNo Am 12 % Venesuela Petrolm 6% Insurance Sec (10c) e | 16% Walgreen Co.... % % intercontinent Pe! ¥ & % 6% Walker (H) (1), 15% 11% Int Petroleum (1) 1 1 1% Walker Mining. 4% % IntProducts. 4% Wayne Pump. .. 20 Hydro Elec Sec 1. 2% Hygrade Food Prod. - T W : 221188 Sk puazaisy Fraad da e i Co. T8 ety & Guarants estern Matviand DUy i BONDS, Elec 1t ds.. Theome 4. o8 2 P e . S FESSSEF Buszsizaes