Evening Star Newspaper, May 29, 1931, Page 12

THE EVE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. FINANCIAL, SILVER PURCHASES FIN NG_ STAR, WASHINGTON, D. C, FRIDAY, MAY 29, 1931 BONDS DEPRESSED | [oxow xone BONDS oo excusvca] eceived by Private Wire Direct to The Star Office A—12 *# ARGENTINE ENVOY i 1 I . UNITED STAT! . High. . a . ). les. . . . ~Prev. 1931~ Stock ana Prev.| 88% 58 StaudG&E(3%)... 80 61% Lib334832-47.. 81 10220 10210 1053 lnccluzx.i :: A lg l%u ’33 1%% « Vs High, Low. Dividend Rate. Add00. Hign. Low. Ciose. uiose.| 644 57 StandG&EDf(4).. 2 60% L1st4%s32-47. 13 10311 10311 10311 | 111 Steel 438°40... 5 104 103% 103% 8:\:- 81 ::or;ls&l Eflssn‘x 3% "01 33:¥ “-} :: 33,/' ]z;"‘ 1?1;- g“n: g:: (E:'I (h'l“‘). . 34%s ::""Il!‘l 33-38 97 104 25 104 22 104 22 Inland Stl 4%s A.'7l Th 9% 9% 9% i “ other Lode. .. O % 102% Stan xp Df (5). 4 104 ~ $3%540-43. 511 102 26 10221 10221 Ilnllndsu ’ 3 9o Don Carlos Malbran Finds| . .* Motherictras 1 2% 24 24 2%| 19 9 StandOllof Kansas. 1 9% Many Issues Hit New Low US3%s41-43..118 10224 10221 10221 foaes s 2 68 1 o1 :2 Bank Official Suggests Buy< U ' bl F t ;’é:- 2;‘& Molo[r FrD:guul 2).. ; ?7;: ?;‘i f;"/’: g;h 52% 33% Stand 8"N Jr2) 108 33% P s US33%s43-47., 11 103 4 103 4 103 4 68 gg S uy- n % Mullins { TN T l ) 26 15% Stand O1I N Y (1.60). 43 15" U B 45 44-54 1109 4109 4 2 niavoraole Factors 7215 36 Mullins Mfg pf (7).. 208 42 42 42 42 | 344 174 Starrett (LS) (12%). 3 e il for Present e gz'/: ing of Metal as Trade . U s P | 18% 7 M 7 * Sterling Sec A.. 2 2% Sales. High. Low. Close. 81 in U. S. Policy. Sterl Sec of (130)... 2 bl Year. ADILIDI P& PES'EY. 9 4Bl 4T 4By T3 Stimul Nat Acme (80c) 2 32 Alhl&:l 534843 2: 12?' 100 100 a2 imulus. o= 31 N; : 18 9y Allegheny b % 60 60 BY JOHN F. SINCLAIR. 8% 6o Nat Disoult (2 Stone & Webater (3). 42 BY F. H. RICHARDSON. Allegheny 5 24 59% 56% 56k S SOl DIPAA D TheBtar. 153% 146 Nat Biscuit pf (7). 3“'“3?,“‘:" 20 44 17% FI L.h .'r i ::]lfn'ghorlnh‘f . 1!} 158',. 13‘;" 5612 92 | BY the Associated Press. 3 39% 23% Nat Cash Register un pr(s).. 1008 97 pecial patch to The Star. is-Chalm 3. 2% % 102 Int Match 68 47 10 89 NEW YORK, May 29.—, NEW YORK, Mav 20.—Don Carlos E.| s 3913 Nat Datry (260 Superheater (23) 2 304 NEW YORK, May 20.—Soft spots|AMASCh7%s41. 1 103% 10313 103% | Int MM col tr 6s'41 8 177 T e e e e b o5, W) 132 95 NatLead (5).. 57 100 omestic and foreign bonds. 76% 76% | Int Pap 6s 5 44 |m purchase of its requirements - vesterday st the American tariff | 120 116% Nat Lead pf B (6)... 10s 118 3 1% The fact thai tomorrow is a holiday 99% 99% [Int RysCA & 671 | for the next 30 years was made o he policy that made many of the 2,000 | 44w 221, Nat Pow & Lt (1) 89 23% 3 M e Ak 17.]did not prevent liquidation in securi- 87% 88 | lat TET ov %839 754 | Dational foreign trade convention to- - delegates to the convention of the For- 1 T g 1 8w 2 31 8y |Hles affected by poor earnings and trou- 10 10 |intT&T 5855 78y | day by George W. Leman, assistant sec~ eign Trade Council wince. 58 76 3T% 9 5 o o blesome banking situations. Irish Free St ts 106 | retary of the Irving Trust Co. ? “I have teen a statement,” sald the, 7614 9 35 364 18% Texas Corp (2). 75 20 19% 19% 20 Scattered through the list wi Italv 7, 99% | Mr. Leman doubted that & Ambassador, “that 86 per cent of the | 143 " fi% 3:“ ;:;-B: g.’:“x::’-’-:;rr(: = :g ’3 ”S.‘: 3:2 33“ merous new low prices for the ;er:r nf‘;; Italy 52.10 95 95 t-s% national formal conleren.ce. "ls ”L‘&;i 15 so, T am sorry to say that Argentina, | 1324 80% N ¥ Central (5)..... et i %100 100 108 100 land municipals were steady. Announce- Japa 43545 45 1058 108 10673 | D6, Successful “because unfortunately, - 25T have freqlently Tepeated, ‘ennnct { 3¢ 60 N ¥ Chi &1L vf (&) LB G omd e e | medteas made that the City of Bos: e S a0e;7 40 105% 108% 106% | altruism on the part of nations is an” ' claim a single one of its products enters | 37% N Y Docl % n had negof a $2,000,000 loan i unknown quantity, and, accordingly, the United States markets duty free!” | 227 ° 16315 N Y & Harlem (5) Lk T oM 10, Mk |for a little over five months at about | ar, : RCP&L4wsT. 10 1034 105 105 |the only results that may be astaimed” The policy of Great Britain, Senor | 04 63i, N ¥ N i & Hart (6). o a2 gt W Pk ok |15 perfoent; Argentine 63s 6 O aaasmav 1 &1 8r Bl | wive dirdugnitargaining.® % Ma'bran went on io say, is the opposite % 110 N Y H&Hpf (1) F & o vy y Sou 87% 8% from that of the United States and far| #lx 5% N ¥ Ont & Western Sl L LR R B L e Foreign droup. I Kan City Ter 4560, 8 97% 97% 9% Fears Blow to Commerce. . more to the liking of the South Amer-| 107% 100 = N Y Steam pf (6) B e e 3 40, 40, 40 41 | The foreign list-exiitbited: conaider: el KanG& E4%s'80. 13 98% 98 98 | *“If nothing is done for silver, it will - ican republic 291 15% Noranda Mines. T4 " i Kby able irregularity. Austrian 7s, which # Karstadt6s°43.... 16 61 60% 60% |eventually take care of itself, and the- e epu Y albran did not attempt to| 8% 213 Norfolk & Sourh s b mken Roller (3)... 71 38% 83% 37% 39%|have stood up remarkably well in the 8 A 57 Kend5%s'48ww.. 2 48 48 48 |fact that present reports point to a- o ion antwers o chylous quese| 217 161 Norf & West (112 10 158 ;"g::t;::nl::’onfl'fi"’!le. ;{ 1;? ,;x,? ,!:‘ 10% | face of the difficulties of the leading Argentine 6s B "58., Kresge Found 6s 36 10 102 102 102 | curtailment in this year's production of flons. He repeatedly submitted queries | 93 594 Norf& West pf (4).. 50s 907 Transued W (1), 1o9% B 3% gii|bank of the country, were off today, in | Kreug & Toll58'69. 34 9214 92 92% |at least 30 per cent is significant. * * * to the delegates on the value and ben-) 11 4% North Am Aviation.. 23 8% Tri-Cont Corp. . T % % % TH spite of the announcement that the Lackaw St 55°50.., 1103 103 103 |But if the great nations of the worid” efits to them of the American tariff— :gn z;n. ;orAm (b10% stk). 150 65% 94" 921 Tri-ContCorppf (6). 7 93% 93% 93% 9% g"':nm,m had issued a decree guar- Laclede 535 C/53.. 2 101% 101 101 |Wait for natural forces to operate in and then left them to answer for them- 53 North Amerpf (3).. 2 b5 15% 29% Trico Products(2 “ | anteeing foreign credits in the next Lake Shore 3%4s'97 8 86 85% 86 |the case of silver they may witness dis- - ies 60% 30 “orthern Pacific (6)_ 10 34l 2 o Trumon st ioaesrs 28 33 33k 3¢ 33¢|two years. German issues were betfer | Atch Arla 4% feuisratucene. - e 7 The .?(mbasaddor deserves credit for T oo 17% 6% TwinCity RTr (34). 2 8% 81 8% 8 2,‘;&'“,d"’f;,um;h.":hiu:“"w:t é“j’z! AtCListsc2. . gx':"&::d.fi'; g‘;c!‘dfi_"‘_“:“;l’;;‘fiy“gc“ £ s =, 2% 3 Jru: les g Y AV - s frankness an 3 2 O rer ¥ CINECONIN0 . 8 0%, 0% 115 10 | WEEE ower. aa wall 'aks doenies o2 ool 8L S e 103, | curred, with corresponding damage to Plea for Co-operation. omn Und-Ell-Fisher (.. 6 46 45w 454 45 |Morigage Bank bonds. Antioquia 7| At Gulf s 69 . 108 eI EERaE «“Uniess there is a great deal more co- el e ) Unfon Carb& C 2.60. 171 48% 451, 46 4614 |rallied 3 to 5 points. One of the 6 per | At Ref deb o3 37 Lig & Myers 73 °44. 124 The banker's plan for American sin- o) v American manu- | A UnOilofCal (2).... 15 16% 16% 16% 16% cent Argentine ser] v : Loew’'s 63 ex war.., 95% | gle-handed acticn suggested that we operative spirit among Amel Orpheum Cir pf (8) “ B eries galned over 3|Australia 4%s ‘56 “ ugg frcturers at home and American ox- b AR A Un Pacific (10)... 29 1521 148 150 152); | points. Experience in the past 24 hours | Australia 5s ‘65 Long Isl rf 45°49. .. 951, | buy now about 200,000,000 ounces from portars abroad,” Gilbert H. Montague Otis Steel Un Pacific pf (4).... 1 B6% 86' 86 §6% |has shown that, where bids have been | Australia 6s 57 et 91 [the Indian government, though it is told the delegates, “the present cco- OtiaSteel prot 1) Un TankCar (1.60).. 1 20 20 20 20%|put in this market, there has becn an | Austria 13’43 Lorfllard £348 ‘37 95 |doubtful they would sell so much. nomic unbalance will grow worse in- Unit Atrcraft....... 206 27% 26 26% 26% |immediate response, with some issues|Austria 7s'57 Loriliard 78 44, 13 “We could pay for it.” he said with stead of better.” [ Ts Pacifc Gas & E112). 12 4215 Unit Atrcraftpt (3).. 2 53% 53 53 53w |Tallying 5 to 10 points on moderate | ‘ La & Ark 68 43 |about 60 to 70 millions in gold, of" Mr. Montague, a member of the New | 69% B0k Pacific Lighting (3). Unit Biscuit (2) 4 36 35% 3b% 36 |purchases. &O4nss.... Lou G & El 63 '63... 107 | Which we have such an excessive sup- Mo seuseing the limits and | 131% 116 Pacific Tel & Tel (7). 108 Unit Biscuit pf ( 30 1141 114%s 11415 1145 | The weakest features in the domestic L& Nunids40.. 994, | ply, but which the Indian government ” offects of the Webb-Pomerene act,| 1% 64 Packard Motor (40c) 113 Utd Am Bosch 1 11% 11% 1i% 11%|list were the rails. In spite of their L&XN 43452008 2z 98 | needs so badly to support her new (gold, - Which is an anti-trust act applying to 0% 21'y Paramount-Pub2%. 72 . 8 14 14 14% 14%|extreme decline, the Frisco group 7% | L& N 55 B 2003 3 10314 | standard) currency scheme. ’ e embinations. Various indus-| 2/ 1 Pathe Exchacg 1 J rStores.... 6 5 4% 44 b |showed comparatively little recovery Lyousiewias. ° 106 “In_the absence of international T e Jumber, zinc, steel, copper [ 4% 2% Peerless Motor Car.. 6 UnitCig Strspf (6).. 1 5214 524 b2'< 561 | The serles “B” prior llen 55 dropped to McKes& R6348'60. 9 70 685 68| M6Teements regulating silver values, this e e B e working arrangements | 46% 20%s Penlck & Ford (1)... + Unit Corp (76¢)..... 367 20% 19% 19% 19% |70 from 75% on Thursday. Earlier in Man Ry 2d 452013, 5 50 « 50 o |SUPPIY of silver could be employed as & * el t prices to foreign con- | 39% 28 Penney (J C) (240).. ¢ Unit Corp pf (3).. 3 49% 49% 49 49% |the year they touched 102. The 4!5s, Market St7s°40.... 5 94 |reserve both for actual currency needs to stabilize export pi Donney (JCYpLAS) 1 Unit Dyewood. . 08 3 3 3 3 |which have been chiefly affected by the 3 10 and to prevent 100 sharp a rise that FUThe New York lawyer was evidently Penn Dixie Cemont. 8 s xl;-‘:::!::r(l: )Cul 10 S e oS Sisldimouities surrounding the maturities 2 5 534 | might later result from a shortage.” - is1 4 122 .. . 4 2% b4 52% [ of July 1, react vi- Mexico 5s A '45. ertisit T D e industrics Htes o 508 + UnitG&Im (130).. 182 281 260 26% 28 | ous low Price. o é"&‘;‘fihh”f‘n’.{’ il Marseilie 65/34...7 13 108" AdvectisipneiaiBedie: erations e BeCHICRFICHI(8). 37 Unit G & Impf (5).. 5 103% 102i% 102'5 104% | month's financing will take the form % | Mich Cen 4%s'79 i 1011;| Wallace Thompson, editor of In- act now in force. o Pere Marquette Ry 1 4 U S Distributing.... 20 8 7 1 8% | of a short-term ncte. It is quite obvi- 's | Midvale Stl 63 '3/ 1027, | genieri Internacional, told the delegates e foien, combinations are val- L steoliniOp ol i) 2y UERTERL . ous that, under present conditions, the | Belaium 18 56 | e sew |that eficlent ' American advertising uable to business in the present world Phelps Dodge (2)... 1 U'S Gypsum Prisco cannot justify continuance of the | Beli Tel I o 3 ‘48 o S1i | A Tad DAoL S Dunce ity f tariff barriers, so-called overproduc- Phila Co6% pf (3) ] U I et Shot3 present dividend on its preferred stock. | Berlin Cy El 68 ‘55 % | MSP&SSM 5445 7. 93 |never would have had, and that con- fion and actua] undercosumption, is a ?»fl?if’x’a‘gfa“c‘.;in Ulsieataaes ) Other Changes. Berlin CyEl 6%s'51 3&'2‘%”?“ e e “nu“}m 0:; suam iy e e 0! A . 2 . . S = st sal or tl Ve question open to debate. Phiilips Pctroleum., 21 U S Leather A. o St. Paul gold 5s dropped another g::: :;‘:r:lz.m“ g MK&T4sB gg:: frade. O Log in Exports bierco Ol [ e T point. Rock Island refunding 4s, due | Bolivia 75 o8 N xTinsaw. 2, | _He recalled the visit of the Prince of s o e chmneres (ot pEince: Pierce Petroleum , USEipear ... IR three years, were below 90, while | Bosein 1ams MK&Tprin 941, | Wales to Scuth America, and warncd Tniv y orld-famed money Pitts Coal. ... T8 st (1.20).. Chesapeake Corporation and Alleghany | Bolivia 8s - Mo Pac gen 4; 57% | that “curtailment of advertising in re- . ton Uma\?sxl:\}due; e th ihoar- Pitts Term Cpf.... . bsh}];e;;ly&lmpd) Corporation 5s rallied 1 to 172 points. Bmd‘:ux.(‘. Mo Pac 6s A 82 |cent months has left that field wide do:n'?:{lsgcl e athoan, D, Kem- Pitts Um’x_Cp s:{flL Usn:nn::’x‘-‘f " The various oil producing and refining Mo bs F 781 | open and vulnerable to the drive of frer sald that in boom times the sy U S Smelt & Ref (1), I e e ey 3% | Mo Pac oa 5 -0 b e e Dsith American _countries prospered. e nRlOnE e USSm& Ref pt3%. L Mo Pac ref 55 '81. .. 52 2L e s aade Their export products found wide de Pisitie Pive L3 U S Steel (1) 1m troleum 6s going into new low ground. i 1... 52 82 79% mpson a his voice to the el e ing depressions _they are rairie Pipe L (3). U S Steel pt (1)snres b National Dairy Products 5%s were Mo Pacs}scy ey 65 | tariff critics with the remark that “our mand. EinE e o dammed Pressed Steel Car Go not affected by the heaviness in the ont Pow 53 '43... 4 105% 105% 105% |0%n rock-ribbed protecticnists may - Very hard hit, for expor ! I3 Pressed St C pf (1) ) tores A. ek *TRtire Honal Merchitle SArie Mont P db 6s A " 2 102% 1021 1021 | come back to Congress next Winter vates S ’roc lamb pf (5). s 108 & Mont Tram §s '5! 5 93 t, with s * s oduct. . 4 shipping companies. Bkl % 9315 931 | rangement, us leading in the ilaks g\exithxngrgnsaayfl:‘g;’ aEadock Pub Sv N J (3.40) 7 7% Vadasco Sales Corp Niw® bk oftertiles {his: week|[BUGetiestr. Jontevideo€a's.. 11 45 45«5 |swapping of {avors, may be advisshie.” When fudy (expors | PubSv N J pf (6).. Vanadium Corp'n. amounted to $92,000,000, or slightly | Buenos A 6s 61 Ev. Mera oo s 0 & e s 2003 v et - Lty o PR SR asszen. o« u u v (PONCE DE LEON SALE : ently the lag in Latin 2 a-Car Chem 6% Df. 2 8% 85 8l ga — e - BR&PILAKS ST, 2 UCH&BCE SR TT. c 4 Map i 06 - 8 . o o e, e o o B Vhefr PO 208 108 1984 198008 | wahington Stock Exchange cmisiren .. ¢ s BRI o B tariffs. The surplus volls back UPOH Purity Bakeries W S o e a1 017 101% "S,Zifin%'fi“}‘éiéi -r;;iosxfil:s:i‘éhggn‘é‘;_ PR vun;::;fs(;\'.“*)- SALES. 5 Yot ?!/,- 51 1;‘»: 's FF 'N DEF'NITELY u o . > rchases— Radio Corp B (5) Walworth Co. Waskington Gas 55—¢1,000 at 106':, Netherlands 6; 104 for them. No money, no puc! it v g 1 i N Eng T 1st 5 = % Radio-Keith-Orph Ward Baking A..... $500 at 106'4. Can N g T 18 111% N e éi‘fi&"@i&‘rfif"flfiixmns stop thelr « Raybestos Man 2.60.. 2 Ward Baking pf (7). Washington Gas 65 “B"—$L000 at ChniNgr ey 0 1 e 3o |Auction of Apartments Scheduled . nd the Sout! Reading 2d pf (2 1 varner Bros Pict... 2 10615. San Ni o 4 % 0% " ing whether they want to or nct. Wag® Reo Motor Car (40¢). 5 6 oIS iE).... AFTER CALL. 4 11234 1125 1127% | N Y Cen 48 s of Insurance Com: g 4 wagging tongues will teo Motor ctfs (40c) 4 6 ar Broscv pf (3 4 i b 95% o ging heads l‘r;‘ tion Republic Steel. 0 Warren Fdy & P (. Washington Rwy. & Elec. pfd.—10 at 9 87% 87 874 |NYCentad . 101% not cure the situ g 54 RepubliciBteel pf,.. 2 vess Ol & Snow ( 981, 10 at 9814, 12 Jon 99k 99k fi:c"“ 4%8 2013, 95 Russian Trade. 5% 70 Reynolds Tob A (3).340s 70 O&Sn pt (4) .. Washington Gas 65 “A"—$2,500 at 6'a 106% 106% | NY Cenrf 41452013240 964 941 94y | The sale of the Ponce de Leon Apart- The convention is remarkable for the| {3 L0, ROICIGITONE (). 250 dsw st Pa E1pf (6)... 1 1027, $800 at 102, $700 at 10 3 103% 103% 103% | NYCre im 65 2013.. 47 105'» 105 105 |ments, Connecticut avenue and Apple- great amount of plain speaking whic: 6% 1% Richfield Ofl. 4 1% st Pa El pf (7). .. 10 Washington Gas 6s “B"—$1,000 at - ; '93. 2 831 83% 83y |ton street, scheduled at auction this e A going on. _The Pollyanna at-| 100 ( Rig Grande Oil, 16 an Pa Pow pf (§). 20s 106'5. 43...e 3 98w 97n omy | NYC&SILAs37.. 1 993, 991 99y | afternoon, has been indefintely post- titude is absent. Manufactured oPU-| {1, 20 Rit Dent Mfg (234) 1 20 Pa Pow pf (7). 10s UNLISTED DEPT. . [CenRy NI gbs's7. "3 1135 101% 101% ;,Yc.!s ;_%- 78. 31 72%a 70% 71%|poned, with the consent of the New i nd everdelicate nicety havel .67 g Rossia Insur (220) 1 16% ern Dairy B. 4 National Press Bldg. 5'25—$2.000 at 53.| Cert-td deb . '- % |\ tL6s'32. 7 9215 91i; 9215| York Life Insurance Co., which is se- , mism Al eb 535S 48 N Y Edis gone, but some of the biggest factors| Joe 74 Roy Dteh(m1.3404) 15 27% stern Md.... a1 - Pri Ches Corp 53 47. 5 ison 58 B°44 1 107 107 107 |cured under a trust for $325.000 on gone. 4 trade have thus far been 18-| 31y 20 Rutiand pf. 1 184 stern Md 2d pf. 2 Bid and Asked Prices. C&O4KsA ST 56. 7 79% 79% 79y |the property and which was about to - stern Pacific pf... 3 BONDS C&O43aB 95, %|NYNH&H db4s'57. 6 73 713, 73 | foreclose. nored, o who cares to 1ook can 8¢€ | o5 pg sareway Stores (5).. Vestern Union (8).. 13 = CB&Q ITdv 3358 49 I N SuReTel e o DREBegIobE e AR o A 8 an o Westing E&M pt (4). 105 Amer. Tel. & Tel. 4'ss 39...... 128 Chi Grt West 45 '69 NY Rys 65 A '65. ... filed recentl e ML 7 atias will reveal her pop 62% 14 St Louis& San Fran. g Df (4). 108 el Fel ctl. ir, 88 Chi M & St P 43 '89. - .o tly by Charles W. Curtis and any A er than that of the United 2 ston El [nstr (1), 2 Amucastin & ot B. K. 55.. Chi M&STP 4348 C. e ue Incewie Mife Asking 'the fCaEt 40 ‘re-cstabiin'= ‘;,,5’:‘ 1t a man started in San Fran- Schulte Retatl St + Wextark Radio Strs. 8 Anacostin & Pot. Guar. 55 Ch M&StP 43,839, 9214 | N ¥ Tel 435839 a trust for $375,000, said to have been ae%nd traveled to London, England, Seaboard Alr Lin Wheel & L Erle pt... 208 G D Bactian B, B B Chi M StP&P 63 76, e : illegally released by Luther A. Swart- e would cover the extent of %usi*‘: s Seab Alr Line pf. o ey 2 Suburbas 5 Chi M & St P adj s, %l Ao S R ST s has bec 23 .. wing A ‘W b nd of e receivers was ""“‘“Zmé?,‘?i;m‘zflfl.e?“:x all kinds of | el Wilcox Oll & Gas.... 2 4y ) Fotomac Eiec. g | Ch N o . o) S 8% 894 Nia swMAGI $15000. e D Sharon Steel Hoop. . Willys-Overiand.... 10 4l 4 & 41| Wash. Alex. & Mt Ver. cif 2 *- | Chi&NW rf 53 2037. 3% 86 66% | Nord 6%s ‘50, | ., The plaintiffs were represented by " B34 so far as this convention is con- Sharp & Dohme. ... Willys-Overpr(7).. 1 49% 49% 49% doyu | Washinston Gas Llis. . 18 oo [CHRI&Prtniae &3 s N oo A e 4 at least, to date, Soviet Russia} Sharp & Do pf (3%)+ Wilson & Co. . < RN UN HN 10T R 1083 106 [CRIR Iov434s 60 Hilton Jackson and George Curtis cerned. Ay docs mot exist. Whether Shattuck F G (11%) Wilson & Co A L b 4% 4% 4 41| Wash. Gas 6s. reries B.. 108'3 ... | Chi UnSta4%s 63, Shinn. Attorney Joseph A. Rafferty 3&?’::2?2! it, or agin’ it. its f:fll%'z to Shell Union Oil. ...« “’gc:f::«cna(rzfioy 2 221, 22y 2213 22 | Wash. Rwy. & Elec. 45 R appeared for ‘the owner, "the “Abner i vast implications oOf us- Shell Un Oll pf (5%) e « 172 68% 65% 66 673 MISCELLANEOUS. C& W [(nd 48°52, Drury Co., an ttorneys J. Harry Cov- i’f;‘v‘;'irél‘fng‘ Yoveign trade, There she Shubert Theaters L T 62 434 39 40 ALQ| arver & Rosy Inc Sasoo K i ington and Spencer Gordon for the ] rican business men % Stmmons Co. m X 70% 70! 70% | Chevy Chase Club 138.. oot lew Yor] e Insurance Co. * 1%“‘1““5: geabmem Sinclair Con Of % 6% vellow Truck....... 43 6% 65 GT P el N e N . — BOIE e the clever phrase sounded Skelly Ofl..vnreeens 29" 18 YoungsSpring (3).. 5 157 e SHE Socaie 5l 98 e 60 " | Nor Pacr16s2047. 3 Displis ot is an_economic South Borimico e 10, VOURESERHIDEI(2).. % 14% 14 18 sns. “Title &5 ARl i00 73 661 73 |Nor St PwbsA 1 1041 1045 10, Air services by the French Aero Pos- years ago, “Russin 8 AR edictions | e 13% 1l'x Zonite Prod Corp (1) 32 12% 12 12% 12 Chile Cop db 58 47, § 86 &7 |NorStPwesBril 1 1071 107 1075 | tale betveen Lima, Peru. and Tacna. it the e overnment is about to South Pacific (6 Sales of Stocks STOCKS. Chin GVt Ry 5s'51. 2 18 Norway 58 '63. . i 0BN Soawt Tt BRSe S sapried pety L B P 3 iana 6s ‘54 a_reorganization. A t on expanding South Ry (8). . 10:30 A.M. « 200000 PUBLIC UTILITY. SHate n n et .. 1 6 1034 1031 mpp‘le' P;‘:E“afi“e&%?u°m np vaster South Ry pf (5) 1:30 P.M + 1.300,000 ‘fi 1%':33 Amer. Tel. & Tel. (9 167 P CCC&StL4%s E.. 20 orway 6s'43..... 12 106% 106% me‘;: Er e o Spalding 1st vf (1) Dividend rates as given in the above table are the annual cash | Kk Gas Loeht Go. i i8) oy et AR YT 20 108% 10355 | SOTWAY Sx et 106% 106% e B ntil recently the United States was Sparks Withing (1). payments based on the latest querterly or hali-yearly declarations. | Norfolk & Wasn. Stmbt. (i 391" | Clev Term 53°73... "1 106% 106% 106% Norway 6s 52 1025 | Serbs-Cr-S1 78 11 8% 18 18 or Tl et crestet saurces of sup- Shencer elios (106) i S oy et ROSHL BTGL IR o $7 R ol i | Colomnesinsn Qres-wasn ta'¢ so | Sectm e S 18 o oo o = tion against Rus- Splegel-May-Stern. . no_reguiar bl e o .. Fower Saw f ps ] - r B Shell Un 4T, 7 y - By, D o e e euscia has dras. Stana Brands (1.20), 121 Thius o (3 Shock” VERRA eS0Tk SRAvaRle lo caih or wtock. | Wik Rux: § Bee, 0wl vdi [ Solombta Orimtdsviacies 93% | Shell Un O1) 5543 ;‘fi;’;‘;’;?:fl";wr Hrders in America and| 4 215 Stand Comcl Tob 1 {raens ih, tpecial preferred stock, ~ kPlus 3% in stock. m Paid " NATIONAL BANK gg:g"tosx:a:ug PacG & KI68"42... 3 105 105 oo taly, E d 3 : - 5 105 transferred them to Germany, I fa | Capital (14).... - 200 250 15 1057 105% 105% Denmark and Great Britain. Russia’s capital (Afh,..oeo-o Eds TanTaianiar. 15 1051 trade has gone fo Europe, and her oo FORMATION OF BANKING Trade R gommertial aiamsed)” L = e iy voys were received las | d.-Amer. Nati Bk, & Tr. 50 53 |ConGNY 6%s 45 7 Jous were, reeelved Mvmc conference | POOL AGAIN RUMORED I'rade Reports at a Glance ThAmer,) 8 28 |ConBwr yav 6% an and in London with new ’."emflmess‘ Special Dispatch to The Star. [ (3% 30 L Falling Silver Prices. | 1 By the Assoctated Press. 1700: 210 104% NEW YORK, May 29 —There has 3 Second (de). 10 210 | Gopenn A . The convention m;n;g]‘;:flfiflm‘_"f Deo aome Al An’ Ihe ' Btreet ‘ot the | NEW YORK, May 29.—Tabloid review of business conditions in the | | Wishinston (13) W B e as oe fact, that, there are bine} 70 fran prod- | formation of a banking pool. Currency | | wholesale and jobbing trade, the retall trade and manufacturing and in- e o Cuba R R 63 '52. 95% L] 1T\ frica, in South |to this gossip was enlarged by the im-| | qustry, as well as the state of collectio s o B AT 13 [SubaRRrfi%s 36 1 101 ucts, in Europe, in ially China, | Provement in prices in the stock mar- by 3 ns, reported to Bradstreet's this | |Continental Trust (6, 433 |Cuba Nors3s 2. 11 33 93% América and in'Asia. especially e, | BT Ty riday. 8o far as investiga- week from the following centers: B By o O 3 - | CRoelo SR DL, = o but the last-named iy ling silver | llon today indicates, there s no evi-| Wholesale Manufactur- Wk dio” e - 78 e P pustness men blithely | dence that bankers arc taking any| and Jobbing Retall ~ ingand Collec- i 6 109% | Sou Ry gen .23 8 78 T8 Tesore it fac, too mioreRuinecy ArE 1 ithe Sl Trade. = Trade. Industry. tions. Crops I e L Be S e 2 v . & ket than in the past two months. i ” a4 % Bank of Bethesda (6%).. 4 10 Sou R 56 « 7 104'; 103% 10314 What will the foreign trade delegates | ke thoR b CAC PR i here is consid- | | Pittsburgh .......... Quiet Quiet fet Slow Commerce & Savings (10 L Peoples’ Gas 3 109% 105% 199% | Son Ry 11 106% 106% 106% damental questions? 3 D Good East Washington (12) 20 % 109% R e lvil? tell the story.|erable discussion from day to day of Louisville Quiet, Fair Quiet. Slow Fair otomnc (103, - 2 Peor & E 1st 4s 2 8 85 85 |StONNJG 25 103%5 103% 1031 The next two days Wil e roups, this | the necessity for leadership. This may | | Cleveland Quiet Quist Quiet Slow Good Pere Mar 4%s'80.. 10 80 80 80 [StOINY4 3 99 99 99w Of ali American business EfOURS: I | come in time. Just now it is difficult| | Detrolt . Quiet Quiet Quiet Siow Fair D& R Gr gn 4s°36 Per. 5 874 874 87 |Sweden 5% 5 104% 103% 103% S ohe T xpr:;msut:wg depends on the | to get the various factions together on Milwaukee Fair Fair Fair Fair D&RGW 68755 g o 12 16% 16% 16% |Swisss% 16 106 105% 106 et e e world depends on it for |the cholce of any one individual with D . e S gl‘:t Fair — DRG&Wstbs 78 11 71w 71 oy |Deru T 1% 168 1%|rennE1PS 17 1074 106% 106% k enough aggressiveness to adop e . . ule t Slow Good x 50. 5 981, 9K 5 continued wellbelng. "oy de! ofaSoses and lead the forces making | | Minneapois Quiet Fair Quist Slow Fe e s ERla Co68°67, e 12 103 10215 1024 | mex orpev sa 44, 33 91 o1vi oin o vave thus far shown an ability | for constructive plans. D i e = Fair | | Qoo unlon (i8) i Det Unit 4%5 '32. . Pnila & Read 63°49 17 61 60 60%|Tex& Pac6sC"3.. 2 88 88 88 1o take bitter medicine without squ(;m- ———————— Obinba gf}feh ZT.‘L: guuiéfi giow g:d el il Deutsche BK 6 Phillip Pet 5%5°39. 30 62 60 60 |Third Avrefds'€0, 36 531 521 5. ing. It will be heart-breaking if they, ERIE DIVIDEND PASSED. Des Moines fet low s g Dodge Br el £ 3 too, turn thelr faces away from the} ooy yoppc May 20 (P.—Directors| | Kansas City R o S A B Lk R B D et atnr: 3 : rgck-:n;tlon‘\m{““ North American News- | of the Erie Ralflroad have omitted the Baltimore Fair Quiet Fair Fair Fair MISCELLANEOUS. Dutch East 16s°'47. 13 101% 101% 10? ", (Copyrisht. 188 Ritance. Inc) ifi?‘;:&z‘:i‘lpge‘:e‘?:&ds%‘u 2 smare Barver & Ross, Tnc, A Dutch East16s'62. 1 101% 101 1013 | hoiand 82749 = o I Sand & Gravel lar semi-annual payment of $2 on the | | Pittsburgh—Iron and steel operations decreased; pipe mills best; st. Natl Sec. ptd o o DECREASE IN BROKER first preferred wes authorized. trade improved, due to warm weather. it rfi;fm!'ggp;g: e . . Louisville—Department store business fair; manufacturing women' = Am.”Co. col ) Pos Tel & C53'63.. 1 s Lo ANS IS REPORTED SILVER QUOTATIONS. 5 ',o;we;r fair; cool weather delays crops. i ready. Fed FistTsez wan'dt.. 11 88 81 57y | Prasuei%s’s 13 uz NEW YORK, May 29 (#).—Bar silver eveland—Iron and steel at 50 per cent; crops favorable. Finland 6% 66 4 Presged StCos'3i. 2 = quiet and 7, Jower at 26. The sharp| | Detrolt—May Ford and Chevrolet output exceed April; retall better than Finiand 78 ‘60 e s ans A2 T8 T R s s AT 4 T0- 70, 7% 2 decline followed the drop in price in wholesale trade. ims::«;) t b P:b s';‘: 0‘:%.';7 -8 mg.: Izg.: 12| vasuw STsA 51 34 TI% 69% 0% $57,000,000 Drop Occurs During | London, where China Was reporied & | | Milwaukee—Shoe manufacturing good: paints and varmnish active D gardss PubSvG4i4sI0.. 5 105% 106% losw | UWASEW S%eCL 2 0 T 0 g = 3 5 2 . g nit op 65'37.. Week—Lowest Total Simce | =~ by Chic:g:&ect]:%rgxslogg,‘ mhggesnl:r prices 15 per cent below last year; French Gvt 7%s Queenland 58 | Uruguay 34 SHORT-TERM SECURITIES. st. Lo il Gelsenk'chen 6s ‘34 22 Read gn 4% 101% | Uruguay 3 July, 1924. 5 - Louis—Shoe manufacturing off; flour production lags; retail trade low. Gen Baking 5%s 40 12 69% | Uruguay 1 (seported by J. & W. Eeligman & Co) an;-poml—ml.lugtnz materials a little better; coal and machinery slump; Gen Motors 6s $7.. 12 st g:;lhrl’“" 30 L Allis-Chalmers Co. 5s 1937..... 1024 102% our sales light. £3 ow b3 k. 1. & Tel. 5'>s 1943, 110% 1103 |—1 . % Utll Pow 5%3°47.. 5 3 % more Y g 5 ext 78750.. 7 i‘,“;eme'mlo:;u ":;o::g":] cfi;sr:;vsi O | BaYER SrlouCad 85 dests. ! 1 ane Duluth—Iron ore output and shipments below last year. 1% extra, Ger Cen B 65°60J. R ol RichOll cal 6a*44.. 6 21 26 27 H rokers’ i Ao lsss: 290" Omaha—Build t 5 S p 52 24 California Pet. Corp. 5%as 1938. 90 91 mal ul materials volume o » 357000000 during the week ended May | ottt o £ il 1t 10 s T L eiar s 0 dekon Unlisted Department, [SeCenBkse 0.0 47 | wabam ez e 5o s oo T e ot iy 38, 1034, when | Chiats Rock siand g519%4. -+ %0 s | | Des Molnes—Manufacturing curtatled; wholesale orders small and frequent; | | ™ s R %o | Wabashza s 39... g they were $1,571,774,000. This com- % Rio Grande 41;s 1938 9614 97 . crops need rain. BONDS, pares with a total of $1,631,000000, the | Gen, Mot Accep. ‘Cors. d 1837 1033 103% | | Kansas City—Cattle and hog prices down; sheep prices steady; large frult | | army-Navy club 5s e 31 pievibaE 1Y }3‘63’2’%‘?&" last week. | Goodye &R 88% 89 crop expected. o8 Club 433s... 80 Grand Trunk 7540 28 and 022,000, ¥ | Grand. Truni Baltimore—Trade sentiment better; rayons and silks fair; Tetall trade | |SoRwmer Hotel 6o 8 Grt Nor 4%8°76 D. 29 28, 1930 Guif Oil of Pa. 55 ul i le | |Mayfiower Hotel 6s. 32 i 1 i v t were $1,191,- | Humble Ol 1 GUISL ropolitan Club "4 25 GrtNor4%s*i7E. 70 98% 97 97 [StL&SFprinbsB. 22 Lcans for own account were $1191.- | rpeernat. Matel NeGome Press” Bla s Grt Nor 5873, . 5 101 101 101 |StL&SK genbs‘3l. 46 000,000, compared with $1,270,000,000 | Marlend o'é\ {,5 Grt Nor gn 5%s '62. 8 oo $50% oo s ssasoonobs | Es s . e s T LA Ry B SESVIE 2 o 4 " Pu Ol C ” Greek 68°63. 2 % 85% 85% t cv 4n '3, end loans for account of others were | Sheil Dnion O BALTIMORE, May 29 (Special) — |P2red With the like month last year. L 5 3 linchangsd at $176000,000. Demand | Sinclair Crude oil Go. s'as 1638 Both gross and net earnings of the| et ncome for the month amounted to ] et . . Jeans constituted $1,234.000,000 cf the | Standatd O - Jersey 28 1037 - $68,706, a decline of $84,989 compared s o, o [REVELRERKERT, .15 L2 1o total inst $1,202,000,000 & X dard B Ay K 2SI Western Maryland Railway Co. for Mus 100 Hoe&Co6%s 34.. 5 47 47 47 tol against $1,292,000, week ago, | St. L. LMS. Ry. R.&E. 4s 1933 with April, 1930. For the four months | North Capitol S: Cohe A& Madi6s’s7. 8 78 . TT% 78 and time loans ' were §340,000,000, |5t L Southvesiern Ry. 4 1932 April and the initial four months of | perating revenues aggregated $5,221.- | Northesst Savines B Huaa MrrEssT.. 22 99 99% 99 against $339,000.000. Dnirea Prog cor 55 1663 this year showed sharp declines com- | 657, & falling off 6f $832,838 compared ""xfn‘n&'& o $ I lgumbleonss 1., 6 100% 100% 1007 The New York Federal Reserve dis- U. 8 Rubber 5s 1947 red with the corresponding periods | with the corresponding period a year Washington Saving 10 22 HumO&RG6%4s’62. 11 103 103 103 20 : trict rediscount rate remains unchanged Yprern Electric Co. 85, 10460 B2 Toso, 0, while net income amounted 10 Washintion Bris bl onb. 0. e 80 ' 10% 103 10% YestnSnd T I ol .3 &t 17 per cent. Wheeling Steel Corp. 4128 1093. Operating revenues in April totaled - $417,473, a decrease of $300,218. reLanvdon :$ R MBTiptssA., 10 1065 106% 106% SeaAlFla6sA3s 9 7Th 7 7% YngSUAT S8 BT0.18 Lo '\ { - g 8O . & ‘ s