Evening Star Newspaper, August 4, 1931, Page 14

D. C, TUESDAY, AUGUST 4, 1931 BONDS RELOWER | (== == BONDS =] [ HIPS NRE N AT TRADING £ INSITH Mesont Deolines in Market 2 ¥ | Foreign Dollar ~Obiigations "[Savings Deposits Are Also Laid to Deorease in P R R Y o LS Mounting Steadily in Grain Demand: ori z . Thin Market. Atianta Area. - 76% 281 Vanadium Corp 71% 384 Vulcan Det (4) it B1_ 10 Wabash RE (A). BY FRANK I WELLER B ; % e Waidort Bys (13 Assoclated Press Farm Editor. 1 9 9 9 Y% 8% algreen pt (6% ward Bal factors at face value, B Tennesses Corp(800) S Sy 18 TexasCorp (2).:.... 204 Texas G Sulphur (3 Pcaon FINANCIAL. NEW YORK STOCK EXCHANGE Received by Private Wire Direct o The Siar Ofiee.’ 1% Prev. 1081~ Stock and Bales— e ; 18% US Realty &Imp(1) 1 18% EH T Z8=R.5 2% 80% Sterl Sec cv pf BY F. H. RICHARDSON. Special Dispatch to The Star. - NEW YORK, August 4.—Bonds er Bros Pict. ren Bros (2). 92 West Pa Ei pf (§) o 108% West Pa Pow pf (6).. 10s 33% Thatcher pf (3.60) W R B ey - 3 (mB5e) 11 16 Third Nat Inv(m55c) 2 iry 5% Timken-Detroit Axl KanG & E ¢%8 80 Karstadt 6s°43 prices; but manv foreign doi- lar issues were off a point or more in an extremely thin market. Am N Gas §%8"42.. Am S&R 18t 58 6% Transamerica (40c 6% Tri-Cont Corp... 91 Tri-Cont Corp pf (6) 12__Truscon Steel (60c). T bei te Prod Corp (1) 2 RIGHTS. Expire. % Insur Sh Del. Ang 10 31 Salps of Stocks on New York Exchange. 10:30 AM...ov0ae 100,000 12:00 Noo: « 800,000 1:30 P.M. « 500,000 3:10 P.M. « 600,000 10 JaE% 29 20W| ° Dividend rates as civen in the sbove table are the annust cash I8 Unit Plece D W (2). 118 payments based on the latest quarterly or half-yearly declarations, tPartly extga. $Pius 4% in stock. fPlus 9% in stock. = Paid | Von o) 0 iy % | last ‘vear—no Fesular rate. bPayable In stock. e Pasabie in cash |, 10 the South American list Argen- 24% U S Indust Alcohol . 1 28 - stock. (n}u n.;;. h.m{hu n;.’: :: :nigmk_ 3 Plus 30 cents | tine's descriptions were up 1 to 2 points, ve n special preferred stock. k Plus stock. m Paid this year— 10% 3% USLeathar........ 2 6% no resulsr rate. 1 Plus 8% in stock. - REPORT OF VAGE [~ SECONDUARTER | = CUTS MULTPLYNG = REPOTS WPROVE S Wall Street Believes U. S. Earnings of 184 Companies Steel Corporation Will Re- Up Over 35 Pct.—More duce Pay Schedule Further. Than Seasonal Gain. i Un 20% Unit Alreraft.. Unit Aireraft pf (3).. Tt adal 98% Unit G & Im pf (8 P TTTSTSraY e Bom SIIELIL] LI LTI - 5 § 13 g M 7073, Mor & Co 18t 4%s. + Nat Dairy 5% s 48.. Netherlands 6a T35, st -osklig H o uan~S annEBl wlls 884 83% 101% 101% 93% 93% » AT TLRT] 5 s frat b BRonemruueniBoSvaana i The total world export trade lumber amounts to 16,000,000,000 feet, of tries named E% 3 the coun- . a BY CARLTON A. SHIVELY. A distinctly better trend in earnings| eific as second-quarter reports continue to appear is noted by Moody's Investors Service in an analysis based upon re- sults announced by 184 large industrial companies, which show aggregate prof- its for the Jume quarter 35.6 per cent i mn NQe | Buenos A 6s'¢1 Pv. | higher than in the preceding three Washm Stwk Exchfl Calif Packing 5% 40 months. The extra-seasonal character SALES. nada Capital Traction 5s—$1,060 at 83. ‘Washington Gas 6s “A”"—$500 at 103. %8 54 Capital 'nm‘ ‘oyo%—o'-‘two.oy., 10 at mcu:n Ry 43%8°'56 . 10 , 10 af . mt 4348 67, . it ational Hank—10 st 313, 3 at i panies | Union Trust Co.—10 at 200%. AFTER CALL. 55—$500 at 104% . mmmul:.lc 51, % pfd.—17 at 11175, Mergenthaler Linotype—1 at 7%, 10 at it % it "’.‘a’";’,‘mu Tel. of Va. 55— $1,00 at 1083 $1,000 ot 105%, $1.000 1057, $1,000 at 105%, $1,000 at 05, $1,000 at 105b, $1,000 at 105V, $1.006 3t 10524, 1,000 at 105%, $1,000 at 108, Capital Traction Co--10 at 40%. Washington Rwy. & Elec. 45—81,000 at | ¢ C » S - » zzz:zl PSS ! 2 Nor AmEd6%s'63 § NorOT&LSs"47.. & Nor Pac 38 2047.... 10 Nor Pac 897, 11 58 I :;l i ] ! 1 § § 5 et = s PR AH ARG RINANN NN~ OARRANBNE AN IR D Swe g i | 1 i 4] e b g Industrial groups which the contrast with 1930 on a half-year drop of 109 t; drugs, of .9 per cent; hy E % a decrease of only 5.1 per cent, | Amer, Tl & Tel (%8 '3 “lcm its, where earnings were off | Anscostia & For R R & Chi M & St P adj 6a Poorest s Chi&Nwn 43s 2027 C&Nwn 4%s c 2037 | Chi & NW con ¢%s. &NW g 855; i Bz i i T g8 sd i V. i 1 1 e £ H INVESTMENT TRUSTS — NEW YORK, August 4—Over-the- |CHICAGO LIVE STOCK MARKET CHICAGO, August 4 (# (United States ) “t w%l Agriculture) — i § Eadsite g §i i3 g 5 i i 7 H 222> i per mile of distance hauled— as having amounted to 335,000 in 1929, an increase of 50,000 over 1916. De- ducting the increase in expenses, the | Am net increase was 25,000 equated traffic miles, against an increase in wages and 252, 1080 direct: mostly 10a15 igher: bulk; 170-210 pounds, 7.70a7.90; top 7.95: 220-300 pounds, 6.40a7.80; 140-160 pounds, 7.2587.75; pigs, 6.2587.00; pack- | ing sows, 4.65a5.50; smooth light ‘weight a to 590; light light. good and , " 1 , 7.00a780; light welght, " 1160-200 ~ pounds, 7.50a7.85; — weight, 200-250 pounds, 3 ‘Wash. | weight, 250-350 pounds, 5.85a7.40; pack- - » - - N Seculunual aaaSueSanlanlil ED4%E AT, 1 49,000, of 49,000, the dinen':t;e coming medium and good, 275-500 nds, 4.4085.90; siaughter pigs, good V m choice, 180-130 pounds, 6.25a7.00. | Col le—6,000 head: calves, 2,000; all Read Read Jer Cen 45 51 s 8. 50 CGas NY 43%s'95wi Y 6%e 4 ployes 151 per cent, yet its return was | % | others very slow. Bidding weak to we | only 81% per cent of that of 1916. New . i | lower; 9.40 for yearling. capital used by the rallroads not only | Cha Ea €has pf....... | 8.90; ‘several loads, 8.2588.75; 13 to make anything, but old capital | | market slow, about steady. less, and the sacrifice went into ' | cattle and ‘vealers: Steer good and wages. ; choice, 600-900 pounds. 311,100 pounds, 8.00a9. | pounds, 7.5089.25; 7.2589.10; 4. De) 0.l Rio de Jan 6%s ton (13) “ee R Gr De Sul 83 TRUST COMPANY. i 4 . Bec. & Tr. Co. (15) 9.50; 900~ é{'fifmnm “rust (8) sl Sav. 8 T (131 > 35 Traffic Miles Galn. Elmuauive T Bh. Equated traffic miles rose 23 per cent | Sorporate Trust in the period under review and per wage earner they rose 18 per cent. rise was one-quarter of the per cent of increase of revenue per wage earner, because of the 50 per cent higher levei | Bt of rafiroad rates in effect in 1929. The increase in traffic miles per wage earner came about through more efficient operations and mechanical improve- | in | ments. That meant an increase in | capital investment, which rose 33 per | Bivea cent actually and on a wage earner basis 28 per cent. The increase in |fund Ir S capital investment per wage earncr was | Genera! twice as great as the gain in traffic | miles. That is, it took an increase of | 3 per cent of capital to enable the | In worker to produce 2 per cent more. | In (Copyright. 1831.) | It % . | 1t m | thvest T2 Associates” {Inv Tr N Y Col A IMPROVEMENT REPORTED i | Invest Trustee Sh Juckson & Curt Inv IN N. Y. BANK STOCKS jiction & curt sec ot SORREAI | Teaders of Indust B Leaders of Indust C | Low Priced 8h: Del Pwr&L 4%s8 71, 25 25 .16 9 $ EfadBE BIEEEINE R oS ouB8E8a = ;| Bk of Bt §:"-xluwn 12). | and medium, 3.00a4.00; low cutter and | Sotomac (10} | Cutter, 2.0083.00; bulls (vearlings ex- | Seven good and choice (beef), CIM'W:"’_“‘A}::M’:"(”, $% good and choice, 4.0086.75; 40 =2 & e sBins veal- 28! - FIRE INSURANCE. American (12).. an (1) g CRoen vhanre 8l Duteh East 18847, Duteh East 1 6363 East C Sug 7%s 37 National Onon " (i8) an3h, L S, 3 3 Tl £ ) = o) & sassaSBuai o .g. : H8523-3388858 3.8 3.5085.00; ewes, 90-150 pounds, medium to cholce, 1.75a2.2 ight cull and common, 7582.25; feeding lambs, 60- 75 pounds, good and choice, 5.00a5.50. EXPORT COPPER REDUCED. NEW YORK, August 4 (#).—The price e copper was reduced a quarter | UF & pound today to 8 cents,|w. base v Remmorm S Special Dispatch to The Star. | NEW YORK, August 4—The New |3 York City bank stock market during | Mo the past week recorded a siight im- |iu provement compal wi previous | t | week, as indicated by the dollar index complled by Hoit, & Gelsenk'chen 6s ‘34 47 o 58 5 P 36). 38 pfd. (7).. 108 5% extra. %% extra. n 3 oS ks reBaanlonal8alifen B5Bs ses &, SR Some custom smelters bave been of- fering the metal in small quantities re- however, 8t 75% cents, and it was ¥ 1 3 T TOw 2 S puSe £83eF pelgapensts c &EF i i 1 “3 112% 112% 112% 93% 92% 93 i ® 2333 L] i H 48 7 EETT H fifiii soaaid d8ds » i 33 pafpeseess ] I'; i g8 ] i i £ MBTIistpris A, 111 Cent ref 45 °5. . g $ 4 r.:z]ij” i ELFHE P oo v g i g e pyar it 8 i ] Island Stl $3%s A’ Inland Stl ¢és% B'S1 : 838 jpzsiiiinatoggacyais 5y B5a veontBhannaBBanannna H i Fo 1 i »E