Evening Star Newspaper, May 28, 1931, Page 13

flBflME INCREASES! - NEW YORK STOCK EXCHANGE Glin of 310.337 in Net Re-|® ‘ported for April—Pepco Has Decrease. . BY EDWARD C. STONE.- Net income of the 'uhlhlfim Ml.l- &, Becirio Co for April aga 90214 in A pril, g& ol 81 ” flg to the mon fomen the Public Utiities Commission, e 0 84 906.12, ‘:‘mnnfl m M‘Vlill" in ! A 't‘e”l.m.n in the sal m':rmflntfvutmmmclflm present year operating revenues reached m: mn‘lou! $1,842,1 1 expenses 3“‘“‘ Sk st FE Vi an .mbu :omwmfifin s dm had a NI - Inm in the fimr mont ot mu a8 -nlmt a 4, compared with lfll m u vg het ineome so far this year m ,m.«. against +538 865,05 In the four months of 1930, Dln! 18 mfi’h"fihl‘“flnlfin_ poied o flflmfi%fi."ofi; m" lm i £ i 2 1 : o ] fi;;aa o5af it 4 'llu Wuhln(ton Clearing House As- adopted a rule providing A!lar June 1 no new sa: de- shall be accepted at any M TAte B interest than 3 per cent. of the local hum are p.m but 3 p-r mfi at present, the action being tak to Mmake the rate uniform and is Nu t to the front at this time on ac- count cf the low money rates every- Amcoud is Bank, Maurice Otter- ent, is just celel ng it wutngz birthday, the banking rm having been completely redeco- and in other ways improved. Iu honor of the event the entire staff will h-n an outing at the Beaver Dam Country Club this afternoon and eve- ning, to be featured by sports and a dinner. THe wuhtuv-n' Rapid m‘:n:z' ‘(l:g. reports April ncome as with $4,3189]1 in the same last year. For the first four in A vu due to mpfll 000,000 Consolidated Gas Co. York 24-year 415 cent Id debiehture bonds, @dated June 1, 80ld. These and December plhgnlolwdlnmtlndmhy lational Oity Co. —_—— DROP IN COMMODITIES. Allis Chalmbers Ametada Corn (R Am Rrown Bov Blee. Am Can (%8).00..000 Am Car & Fdy ot (T) Amm thn Am Comel Aloflml Am Fneaustie (1) Am & Far Power. Am & Fot Pw pf (), Am & For Pw nt (1), Am & For Paw #A pf. Am Tnternational Am Locomotive (1) At Locomot pf ( A Mch & Fay 1.40.. e = Eit - P PR P AMP& T, vt l l' Am Ra&8td San Am Rolling Mills Am Rafetv Pagor u) Am Shin & Cam Am 8m & Ret (4) Am Sm & R 24 nf Am Snuft (48%) Am Steel Fav ¢ Am Stores (12%) Am Sugar Ref (5) Am Sugar Ref of (7) Am Sumatra -3 41 - Am Type of ( Am Water Wke (3). Am Wat Wks efe (8) Con ll“i. Anaconda W& C Armour of Del of (7) Armour of Tl A Atmour of T B Ateh To & 8 l'a o Atl Coast Line (1) 2% Atlantie Refining (1) Atlas Powder (4), .. Atlas Btores (1) 101% Auburn Anto (£4) 20 Austin Nich vr A R Aviation Corn at 184 PatavinLos ¢} Raldwii lln Balto & Ohle ( 49 Bang & Aroos 2 4 105 Bang & Aroos pf (7). 70 6% Barnsdall (A) (1)... 26 8% hnkmnnvf 1) 80n #4% Reatrice Cream (4).. 18 15% Bendix Avunn ). 18 A4 Rest & Co 38%, !nm::.m Buol 268 37% 30% City Jes&Fuel (3.80) 90 TTw City Iea & Fof (Ry) t‘uvhrmum 2).. ). - EE-F T -1 1 PO T - % Col Grapho ctfa E6e 60% Columb Carbon (§) 18 Comel Credit (3). 31% Comel Credit A (2 78\ Comel Cred 1at (6M) 10 21% Comel Cred of B (2). 20n Oomm Inv Trust (3). ll 11 Comm Soivents (1 7% Comwith&Sou (40c). lu 91% Cmwith 4% Coneol 25% Consol Cigars ln 54 Consol Cix pr nf 8% . m- Sacrwmaan e 1 30 Cr Cork & Sea 30% Crown C&S u (2.70). w S'Illbh. “:-'(l) 1204 ee . Prod 1 36% Cudahy Packing (4). 74 Curtis Publish XOn Curting Wi t Corp’ Bocetvell by Privits Wire Dircel $b The Star Ofes, —hrv 1814 Lew. “. 00. KI th. m }g\m mvnfk 18t pf (7). .f 5 14% 107 186% 126% Kas: 1344 128% r. lo 48 Guilf Bt Bl 1t of 41)}“- 2 2% 35% nu nn 10114 4% 85% 19 36 20 2614 108y 17 7% 104 106% 2% #1% Drux (4) 12% Duplan Siik (1), Th%_Duvont ds Nem Kodak (18) 88 Bastman Kod pf (8). m 0W Baten Axl."u 80, 4% Biee Lt 86 lm Po" Ll 100 80 Pow & Lt l.\fi ll\u Btor Bat (| 1% Be OMe: 'l 28% Brie RR 25% Erie RR 8 of (4)..." t\‘ REureka Vas Cloanar. Fairbanks v (4 FalroaARS Ob B ... 16 Fairbnk® Morse 1.60. 6 Fed Mot Truek (40e) 18% Fed Wat Bv A (3. 16% Federated Dept m ::...J.,.......s.. N 8% nmur. Rfl ") a1 First Nn Strs (2%). 14 Fisk Rubber.. 97 Florsheim 8h vf (& 26 Foster Wheeler (2).. 2% Fourth Nat Invest..: S—a 54 Gen Am Tank Car( 1814 Cen ARnhalt () 171 Gen Baking (2). K% Gen Bronge. 2T Gan Rlee 11.40 54 Gen G & Bl ev pf (! 40 Gen Milie (8). 4% Gotham Bilk Hostery 1 50 Gotham S H of (7)..1808 £ Paige. » 19% Granite City 8t (8).. 25% Grant (W T) (1).... 431 Ort North of (5 anadaamnoan % Guantaname Bupas 4\. Hahn Dept Btores. .. Hahn Dpt 8t pf (83) Ham Wateh (11| M). 408 12% Hudson Motor (1). Hubp Morors. .. 49 "~ Tilinels Central (4) 2% Indlan :;arq:lc ning..... 28 In unfiam‘d‘d) 75 Ingersoll Rand (4). 404 Inland Bteel (2%). lnunuucnnm Insuranshar Del ¢ Interd Rap Transit. Int Agriculture Int Bus Maeh (n - e 3 anl BEEaSavacancoSaa ~Sremnacmawanwm gD~ lul‘!fl.'l‘d(n.... ,!ol Inter Dept Btrs (2).. 6 Inter D 8t pf xw (7). 208 Investors Bquity [ Island Cr Coal (4) . 1 8 ll unmcul; ‘l‘ %II‘M.T! PortCmt (1), Leh Port Cmt pf (7). ¥ Leh Valley Coal. u.vnlcnl pt (3) Lehman Corp (3) Lebn & Fink (3 Lib Ow Pord Glass, Liggett & Myer (15). muhlnn B(15) 34 Lima Losomot (m23). 2 Liquid Carbonle (3). ¢ !At'lll.(l) Leie 16 e (6%) Loose-Wiles 18t (7 118 Lorillard (P) Co 904 Lorillard (P) pt g 4 m Ludinm Steel. . % MeCall Corp T 25 llt(!rl'-l'l’l‘I: I 19% Melntyre Pore 71 MeKeespt Tin Pul) . 10% esgon & Rob ‘1) 2% = oo i1 T N L L - 19% Marlins ockwell (2) on Motor Car. . ll\t lel‘ll Field (3 184 Mathleson Alkall Low. cllnaufl 100% 108 %1% lM STOCK PRICES GAIN (ACTION OF STOCKS |, = (ON SHORT COVERING BAFFLES OFFICIALS = it |Rail List Fails to Partioi-|Government Observers Puz- 68% 12% % pate in Market Recovery. BY GEORGE T. HUGHES. Special Dispateh to The Star. YORK. )IA 28.—An irregulerly sustained recovery came into the cemx market wdumm t was not emu; RSB T Sl o of idation, w! :-t:m“: st nduserialy higher on the The tions were the olls, the 0op- Talirosd. stocks, | United American Telephone, Carbide and Westinghouss Electric were fl tl!m‘nzr at one time or another. The §=1"’§’§“5;hfi“- S22 ¥ mlrket bemr" thm at any time The mnrku rfl with ; m ehanges and during the nm & number of new lows were redched, but thereafter it began to re- cover, not M‘nuy at all, but en 1 covering purchases. flnc t made the best Lhon that had been solfl the most Ameriean Tele] hono & 'l! prominent in thi nr t mu and above u'l wn up_ B points recent low. Alr Reduction nneflm from the publication of re- ports that the second quarter would make & better comparison with the re- mus of a year ago than was the ctase the first three months. Ralls Continue Lower. Mmlnmnhrun. covered all the loss and a little more, Mn&mmnmmmvnuhmmu vidend that came off optimistic statemen! earnt in nmcd.mtmtunmyuuenb- maty with that of & new ore Iramation (et 'the HoAnein had been salved. g MANUFACTURING GAINS IN NEW ENGLAND Bpeetal Dliuul to The Btar. i gitk 8 First Mortgage Loan Applications Invited at 5)5% f Glover & Flather 1508 H St. N.W. National 1753 Money on Hend to Loan on First Deed of Trust 6% Interest “She-Loading Fixed Proe” oA common sense nvestment, with safery good return marketability srowsh in selve { = Kuarr & Co. Inc, h-u—nm-\-m NAT 2led by Deolines in “Blue- Chip” lIssues. BY CHAS. P. SCHAEFFER, Adsociated Press Pinancial Writer, Qovernment officials are as much at sed in thelr attempts to analyse in de- THe | tail the present stock market as i the tenenl mue [ mc. e m“\o dm?l-lner&n uuanm Y effor the of all stocks have failed. earnings - irdy, particularly in view of recent improvement in thé au- tomobile industry, textiles and one or twu M.Mr barometrical lines, generally A‘rM that one ol the ehlef causes of stock market weakness is the absénce of nubue buy- i While this purchasing d not bu large, wmunuvely, it is eonlld. important as evidenced by the Wflu of leading stocks which boast omnh!.pm source here says the public i either almost entirely wz of &h:umrut of else favoring the “short side.” This hmflmnmfld:mlnmm ket being at an exceedingly low ebb, induced by a complexity of bullish superi statements and forecasts based neither | on reason nor precedent, crea con~ fusion in the nlnu of the potent in- vestots. Private adviees feveal an interesting | i experiment in Canada to stimulate se- curity markets. A huge pool, it s said, has been formed to support Dominjon stocks in the belief they offer unususl mflunmu for profit even though i8 no immediate prospect for im- -mmr:n:uyn: o Yo oy Vo On. W restoring nn«u confid ' mnmn EXCHANGE. ~ e LT with maximum safety can be obtained through investnient in the Bond and Share 9% Units of Industrial Credit Corp. Small Loan -Ilh G. W. Pran ¢ and Co. Sole Distributors Tower Bldg. NAME .... ADDRESS . Stationery and Office Supplies “Guild” Is the Hall Mark of Quality, Fair Dealing and Just Price fIThe mark of Guild on any item of office sup- lies is a warranty that it is made according to exacting Guild standards. We Recommend and Guarantee Guild Products , STOCKET ] [ FINANCIAL mfll mnm m . —The nic IM' dlvl‘ma mmud to & decrease of 176 t;'n of ngm m periods are ine xon 365,74 decrease The Money MILLER-DUDLEY CO. 8 14th St N.W. g g8 Per !:"mmmn—n an Owtstandimg | Chase National Bank (The largest Bank in the World) Special analysis fur. The American Security & Trust Co. and lts Four Branches WILL BE OPEN UNTIL 5:30 PM. FRIDAY, MAY 29 . 15th and Penna. Ave. Cagital $3,400,000 Surplus, 83.400,000 BRANCHES: Central—7th and Mass, Ave. N.W. Northeast—=8th and H Streets N.E. Southwest—7th and E Streets S.W, Northwest—114015th Street N.W. applications for First Mortgage Loans 3% on residences and business buildings in the District of Columbia and nearby Mary- land suburbe . . . Lower Costs, Long Term (if de- sired), Valuable prepayment H. L. Rust Company 1001 Pifteenth Street National 8100 ESTABLISHED 1889 Loan Corvespondent for “The Prudentiadl™ TbeMoneyyouspéndtoday Watch what you spend today—any day—and see how often you must contribute to the income of such es- ises as Western Union, elephone & Telegraph, oolworth’s, Amer- ican Tobacco, Eastman Kodak, General Electric, New York Central sential enter| American Standard Qil, or many of these fortune building corporations every day. Now is an exceptionally good time to set up an investment plan for the future. Learn more about the sound- ness of investing in North American Trust Shares. A booklet, “Money and You,” presents the fms in full. May Nortn 18834 | and other great corporations. Investors in North Amevican Trust Shares, theworld's largest fixed trust, own an interest in common stocks of - these and 20 other great of daily necessities. Millions of peo- ple—you among them—pour dimes and dollars into the treasuries of one & Sante Fo RR. ¢ Mflmll'mmw Contral RR. RR, - we send it to you? Blocks of common stocks of the fol- lowing time-tested companies, de- ; ?s in the vaults of The Guaranty ‘rust Company of New York, Trus- tee, are the safeguarded security un- detlying every Norsh American Trm Shares certificate. "t Caitarste+ Srondard O . (How N ow Standard Tasas Corp. * American Radistor & *+ . L du Pont de Nemours & Co. + Eastman ectric & Manufacturing c-o-c-mu Company of New York * '*i!lll- slegraph Co.