Evening Star Newspaper, August 5, 1931, Page 13

YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Offiee. stocks are sold Stock ana Virginia Securities - “Trading on D. C. ial ,National Bank stock ot 2" 36y s, doed 1> T sales ing 26 shares. e at 381 for 35 snares, and A 55 anares mo hands at 18. Gas unbroken , while Standard Ofl of New Jersey lost siderable popularity. con- B M sgai i g8 z I o 5 il % i i £ - oF i j 'l i R % i 5 § bt H 2 4 E : { g | H i i fx B 8 i (44 [ 8§ » i ! % il i 8 i $urplus of Grain and Lack of mand Force Prices Down Steadily. By the Associated Press. Alr Reduction (143%) Alaska Juneau (40¢) Alleg Corp. . Allegheny St1(1.20). 4 Allled Ch & Dye (n$) 18% ) Am Bank Note'(+ Am, mfl.nm oL (3) Amer Col'type (80c). Am European Secur. Am & For Powei . Am & For Pw pf (8), Am & For Pw pf (7). Am & For Pow 2d of. Am Hide & Leather Am Hi Leath pf, Am Home Pr (4.30) Am Ice (3) Am Ice pf (8) Am International.... Am Locomotive fl)) Am Pow & Lt (21). . Am Ra&Std 8an 60c. Am Rad &8 8vf (7). Am Rolling Mill#. .. % Am Ship & Com Am Shipbuflding SonSunsnammanuaai £ - .20 Am Stl Foundries(1) 31% 138 Am Steel Fay pf (1). - o= [ ) TS -1 TR P ) 98% 'Am Wat W 1st pf (6) 5% Am Woolen. 20% Am Woolen of... 18% Anaconda Cop (1%). 20 Anaconda W & C (1), 1 10% Armour of Ill pf. 29% 203% 132% Atch To& S 53% 28 AtlGUIL&W Ipf (5) % Atlantic Refining (1) % Atlas Powder pf (6).120s 295% 101% Auburn Auto (4) 4 2% 1 Autosales, . 20 64 3 Aviation Corp of Dal 227 27% 9% Baldwin Locomotive . 1 104% 70 Baldwin Loco pf (7). 10s 87% 43% Baltd & Obio (5 38 47 Bang & Aroo 1 5% Barnsdall Corp’ - N AN AnN ¥ b o LR - - ] PR T | 1 e SRR | AT #sd = - TR SIFFURLE ] seREn 2533 FEHT ife H 22 ¥ ? - i s 30 107% 1 3 in one hundred-share by the letter s (80s) ( 0 05% 148% 147% 2 7 14% 88 14% lots 2508) . % 18% 2% 104 84 30% 3 10 10% 26% 9% 41 1% 11 914 3% Investors ki) 2% 12 5% 41% 2 21% 39% 4% % Gen Theater Gilistte Saf Rasor... Gillette Saf R ot (5). Gimbe! B: o 21 Gold Dust pf (6) Goodrich (B F). Goodyear Tire&R Graham-Paire. Granby Con Min Grand Union Grant (W T) (1), Great Northn pt(4) Grt Western Sugar. Grignbv Grunow. Hall(WF)Prtg(1.20) Body. - w PubenunZonman~ waili Hnnn Motors. Iliinols Centrai (4) Indian Refl REosmcuaanan Gonm Int Cement (4). Int Combustien. Int Harvester (3' int Nickel 1600) . ‘an of (T) Int Paper & Pwr pf Int'Rys Cent Amer int8alt 3 int Shoe Int Silver pf Int Tel & Tel (2) Inter Dept Strs (2) uity. anBuve 57% 861 Jewel Tea (4). 80% 40% Jobns-Manville (. 128% 116} Jones & Lauw pf 21 24% 3% 12 10% 1% 8).. 18 7). 108 Kans %'mnu) 1 K'mannDept Strs (1) 2 jyser (J) & Co (1). ‘Tire. 15% 8% Kelvinator Corp, 3% g% Kennecott 27% 17% Kreuger&Toll (1. 5% 18 Krower GrookBak 87% 56 LambertCo (8. 45% Liehman Corp 34% 22% Lehn &Tink ¢! 20% 114 Lib Ow Ford Glass. 91% 60% Live & Myers B (t5). 146 26% 55% 3% 6% % 21% 4% 19 —_— 100% 85 MacA & Forb pt (6).. §0s 26% 108% 17 7% 10% 137% 28% 398 50 E Kresge (88) 1.60. Lig & Myer pf (7. o Bermmmmn~n B0 ~ UL Motor Car. . Marshall Pleld (1%) 1 Seademm T Mo Kan & Tex pf (1) Missour! Pac of (5). ‘Ward, e aSwnanne % aB2e e Soun wannaSuand ZZZZ =1 % §.280..x aae wonnBl SSS.; oo em 1911 FLFER T R e TFEE P T QEZ;E 2 & = (3 §iizFEe 558,000 3 i T S # < Unfavorable News Items Fol- lowed by Renewal of Sell- ing Pressure. BY GEORGE T. HUGHES. NEW YORK, August 5.—New low ground on the current recation was reached on.the stock market today. A Iate afternoon rally did not last and :h‘el:loumnmundmlwolme y. Among the important stocks under steady pressure, American Telephone & Telegraph was easily the most con- spicuous. American Can made & new ‘g | Jow for_the bear market just before the end. Reilroad stocks were heavy all day. The turnover was about the same as in the &ecedlnc session, and the failure of activity to increase on the decline was about the only en- couraging feature. ‘The market was faced with an ac- cumulation of unfavorable news items at the opening. In the first place there PROVEMENT IS NOTED . IN SOME INDUSTRIES >Ny YORK, August 5—The extreme NEW o hxfid&mm has in certain lines of in- A Statistics Co. says. t already is mprovemen evi- dent in the automobile tire, shoe, sugar flour milling and textile LV STOCK PRCES RERSTERADVANGE Dairy and Poultry Products Also Higher in Late July. Price mlovements of Iate was an unexplained weakness in sterl- s ing exchange., The decline was con. nected with the situation in although the dispatches from were more encouraging. Secondly, weekly reviews of the iron and steel | clin trade were decidedly pessimistic. The Iron Age pointed out that the decline in pig iron production had brought it | i 20% to the lowest since 1921 and that “the disappointing - revelation of iron and steel company reports for the second arter has dampened reviving hopes for business betterment.” The rate of operations was put at 30 per cent of capacity against 32 m cent a week ago. Teport Instead of Finally, the car year. A:lu.e)uz_}(mnote:m_ledmh erican _Telephone ‘Western Union were the oul weak utilities—the former at 166 nearly 4 points and at a new low the movement, while Western was off 3 points. The pressure did not seem to come from any anxiety about expressed disbursement. | Markets at a Glance | American phone NEW YORK, August 5 —Stocks hea ‘Tele| - CHICAGO, August 5 ().—Wheat easy: weakness Liverpool and Winnipeg. Corn easy; weak coarse grains, forecast Tains. “Cattle steady. Hogs * BOND DEPRECIATION RESERVES ARE URGED = ‘Many State Commissioners Approve Plan in Reply to Ques- tionnaire. prices were generally downward, South Tally IWNWAT - peaches reached low market levels. - Wesk Potato Markets. Midwestern potatoes were Central markels, but Peach marke -basket craf ‘weaker Eastern stock held PrE tige H £ £ e 2 E & i ! i 5 A & g shiss | g i : i £ il { s E i E 1 8 g i g 3 228 < 5§ £ SEEaices il i E;g 4 it 5 R) E;E; H i it its ; é | i i ! 1 | g ; 3 it Bt i g il > in | Keves Fiber ! i iF I i i€ f{r; b a ! i i i | & markets where shifts DIVIDENDS DECLARED IS NEW YORK, August 5 (®— Reseinded. Churpgold Corp....3%c Q Aug. 15 Aus. Omitted. 18 Due Aug. Aug, 1 1 A:’ Aus. Em v Ltd. L De. B abt 5 6% pr pf. ya Al e Wmspt Wat 36 pf 31 The COMMERCIAL NATIONAL BANK + 14th and G Streets . % 5 OODERE © OOOOO KX mm 00 BIEERE § EPER 22 Reem BEEEES € SE¥EE 55 CEeSEs Made at Low Interest Rates & RUTHERFORD ‘National 0478 _EER AT Seaboard Public | . - Service Company” ‘The Board of Directors has declared the following regular quarterly dividends: b bigind 4% < el Septem ., gl ool iy of business; August 10, 1931. L. W. Vaa Bibber, Treasurer. 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In more than a third of a century our 6% FIRST MORTGAGES have been popular with investors, large and small, and without a single loss. : In every case they have known befolx;:h;\d_gmha‘t t'l:e return woul - ess throughout the term of the mortgage; and at its maturity back comes the princi- pal intact] May be purchased in amounts from $250 up. SAUL. CO. 925 15th St. NW. B BBt Blnnpmpa S8an H B 5 - H & 5 = 13 f i b £ SN T 3 %2 : § B el s o PN e Lo s * i £ 2 1] Over a Third of a Century Without s A i ) 4 i i H LT § S8 i | F i He ) . i E : § i G52 i =8 i £ ] i i £ B! i i ES £ | é b T =1 TSIV S £35-s3%% 58535097, 8205030 35,55 -528%8 bl S L B. Nation: Fri e A 585 1]