Evening Star Newspaper, August 25, 1931, Page 14

.G S']I‘gi WASHINGTON, B. C.! TUESDAY, AUGUST 25! 1931. FINANCIAL. t(.INH'ID STATES. Prev. 1091/ ana Sales— (Sales sre in $1.000.) Hish. Rate. Add 00. High. . ‘Stock and 8a v 20/ Un Tank Car (1.60) n r (L 24 45 4% i 3 Dividend ‘Rate. Addjeo. 3 Close. 20 4 Unit Afreraf! 47 28 08 02 : 3 7 St Louis Southwn... 1 19 . Unit Am Bosch. Depositors Are Advised to| i »a S 1w i B, Do e u|Both Domestic and Foreign 2 3 = T 75| Appalachian Company Takes Over Controlling Interest’ Purchase Goods at Cur- § Seave Hosouck (25). 1 21 56 Unit 8:::;:::‘:".:0» B Issues Show Steadier 102 29 10229 L} * 1 i % * . in Empire Firm. Asa'id. Second Natl inv. 106 4 106 4 A6yaeT. § 3 ‘ 7 > 10730 10730 | 1n¢ TAT i rent Prices. o Trend. 112°7 12 7| (e T& T bnvte o, ; Shattuck (FG) (1134) U8 Leather (A). Shell Union O11 16 - U S Plpe & Fdry (2). Svecial Dispatch to The Btar. “d BFipedFy 1at 120 NEW YORK, August 25.— Use of . - o~ gy g & 5 surplus savings for purchase of things. g, Sinclair Consol Ol of permanent use is advised by the; ;03 ganlniroupun)... g 50 U 8 Steel pf (7) Emigrant - Industrial ‘Savings Bank in| 12% ou 80% U 8Tobacco ¢ a circular to its depositors. Comment.- | Ly i A B O ) 2% 36 United Stores pe (4) ing on the circular, Walter H. Bennett, | 39 Sloss-Sheff Steel pt 22 #21% 22 28 Univ.Leat Tob (3). 21 president of the bank, says: Socoriy-Vacuum 1.60. 49 19% ° 191 19% 19% | 31 19% UMIPEL(A)et215. 1 - ‘wasy i 12y Sou P Rico Sug pe(s) 10s Ty i e advising our 249,000 | "5, Southn Cal £id (2)... 3 43 a3/l ;1: m e s depositors—a. number equal to the en- | jog:, Southn Pacific (6) i O B R L tire populartion of many important! Southern Rwy (m6). P 2 2% . 4o take advantage of the large| 7 South Ry M&O ct(4) 4 ® Wabash RR.. 3 clties—! e Adtvani H Sparks Withing (1) L 21 Waldort Sys (1%4).. earned on their saved-up ddo'I;' 2 2% s 91' “:.‘}'"";‘"Cruh,. Iast. two b 7 s % Walworth Co. *uise 3 3 Ward Baking (B) 4% Warn Bros Pictures. BY GEORGE E. DOYING. 2 oRoaBeane SR e Sales. . v 785 BY F. H. RICHARDSON. ABHRE Lo e a8 - Italy Pub 8 78 '52.. Specjal'Dispatgh to The Star. Alleghany Cp Japanese 5% NEW J&&‘a&“""‘m’"&“’fi estic | Allegheny 5343 - ssmonm 7 y, while oreign | Allegheny 68 '50. .. c 3 '57. " 1;1‘i list had a firm tone and in some cases | Allis-Chalm 58 °37. 101% 101% fi.n'fvfiflu';‘:.r':’a. 677 | fairly substantial sdvances, Am F'P §82030.... 70% 70% | Kan City Sou 38'50. 41 ‘Wall Street a London's view | Am IG Ch§%4s’49. 94% 95 | Kan City Ter 4560 297 | that the new British government would | Am Intl 548 49 7 82% 82| Kan GAE 418’80 224 | be strong enough to push through |Am Metal 6%8’34.. & 1% 71% | Karstadt 6s ‘43 26% necessary economy measures. This was | Am N Gas 634842, 19 19% | KKend 5148 *48 oy son, | Teflected not only in firmness in foreign [ Am S&R 1st §8'47. 102%.103% | Kreug & Toll 58'59. 46 | exchanges, but in rising quotations for | Am T&T cv 4%s'39 Laclede 5% s C'53 British government bonds, both here - TLaclede 5348 D"60.. 9 land on continental markets, and a bet- 8 Lake Shore 314 ‘97 g’:w.ntor tone in many other foreign dollar Lautaro Nit 6s '54. 4%| " A® the opening, British 5155 advanced Toh val oa 3000, 4 | fractionally on a few large block buying s oders. Whens these were absorbed ac- | ATEEntIne 5158 tivity in the issue died down, but prices | Ar&entine May "¢ held_ steady. 2 - Eamnna oot P35 P%. PLA g Sriban T2 164 Wi Oflasno(2). Girectly aftected by this f oung Argentine ¢ Ocss. esson no(2) . ect firmness. Y. 92 . West Pa Eil pf (6) 97 Plan 5%s and Dawes Reparations 7s 102% West Pa El pf (7) 06% | moved only fractions ly, but there was 4% Western Dairy (B). 2 ™% ™ & sizeable gain in Kri & Toll 5s 99% 99% | I+ & N uni 4 § s Westorn Enion ) : 1098 1008 112" | Company's. BOIeRl lotpe. pere ik 1 1l | AN e e .. - 'y 541 Wenting BI&MTE (4) o ; Goris Cent - e T A R LS e 14 Weston Elfl:]lmlt’()l) 14 m pal 3 3 ,g; ,:; McKes & R 5% w50 17% Westvaco Chlor (2 Berlin City Electric 6 dropped a point. s % cKen 3 14% White Motors (1).... b Austrian ‘and Hungarian issues te- e G| Naea i, 214 White Sewing Mach. flected with firm prices reports of the 5 il Lo LR £ :}llrox 3”‘1 --‘:. arrangement of a new credit for Hun- | sustria 78 4 108 103% | Milan 614s '52 5 3% Willys-Overiand. gary. Italian and Eastern European is- | Austria 7% 76% 77 | M StP&SSM on 4 544 Woatworth 4A0) -y - o0 oure | MSPASEM i T . ns were 1 to 2 pof % ‘21, 3714 Worthington Pump. 43 : G et T 1 ol e g 3 MStPARaMes o3l 80% 66% Wrigley (Wm) (4).. " milrels exchange. Sao Paulo Coffee o MEK&T prin i:A'CI “T5% 6% Yellow Truck. < Loan 7s advanced 2 points. So did Sao Mo Pac gn 48 '75... 34 | 78 38 YgstwnShaT Paulo 6lzs, while Brasilian Govern- ¢| Mo Pac s A 5. ... 29 14% Youngs Spring (3). ments were unchanged. Argentine 6s slightly, despite advances in fooidon based on blgher Dess exchange. Colombian ‘Government o 4 Stand Invest Corp. Stand Of1 Cal (h2% Stand Ol NJ (12) Starrett(LS) (12% Sterling Secur (A) . Sterling Sec cv pf(3 Stewart Warner. Stone& Webster(m Studebaker Co(1." posits because we could invest our de- | . Superheater (2% positors’ money in good bonds and % Superior Oll, ... mortgages at .Ww{;mml{z high | Sweets of Amer Tate of return. We introdu S of paving interest for every single day | g, fokipg o] of bullding up & Lving insur- | ance or safety reserve while salaries | were high and employment easy to get. Gain in Dollar Value. d"wh-t was the result? iny new m‘ accou g P e onerinee. “Row i1 of thas even a sacrifice. °. all of these wu, who responded to our advice 1tl Corp...... profits P P L ) » mRamneanes BamaeRen RS e i £ PRV 3 JOVPTRI ST T 1T i ;2 it i il 1 i E i lE I : il encouragement, ocan show large 3% Trua &/ Traer Coal Co todsy in the increased buying |~ =o=—so—Tr= - of their saved-up dollars. T .8 Usa % 941 . 10134 101% | Mont Tr 18t 5s "4 10614 106% | MOr&Co 1st 4% #'39 110% 110% | Nassau Elec 48 '51. Bell Tell Pa 58 T30 1195 }ll% Nat Stea s be. A AGO, A 2% o Nat Steel §s'56 . oS P B% In stock. » Pius 3% . CHIC. . _August (#).—An _in- | Berlin C E1 6 5315 58% | Neth o r rate. n Plus orease of 3 cents a galion for gasoline | Beth Sti pm Sah:fl_;p;:‘ 58 ?: area was announced | Bolivia 7s Nw S Wales 58 '57. in the Chicago INVESTMENT TRUSTS | DECREASE IN POTATO o elet g, - O O 10| BOIA TH S e A () —Over- Tepresentative e Standard OIl | Bordeaux 65 ‘34, . s suze| PRICES IS REPORTED | 25,ct iogians, yhich nas persistently | mont & e 435275 Cont Spezata. J i A §E P : ] Bag & Paper. . 43% Un §y>n Carb & (2.60) . 14 Ury, i Ei] 5 ji s o ; Bis | °a ¥ ] il : i i H § H f = 1 3 . B B K the current price fluctuations, said his | Brazil 64! 3 Y concern had received no formal word | Brazil 634s '27. v':;a:.lt-'z’::x'.' Brazil 7 Y Cent db 68 "35, Brazil 8s N 37.. $5,664,390 for Crop—Average Bessva te. | NY cAstT e i 4 7. ice Was $1.77. Bklyn Man C&SLL 68731, Barrel Price $ gasoline from Budapest N Y Edisn 5¢ B'44. lus 3 cents tax on a|Buenos A gallon in eac nce. A reduction | Buff Gen Ei 4 ts a gallon was made on August | B R & Pitt d14s 1l and on August 13 by Stand- | Bush T Bldg 55'60 i Calif Packing 5i — e Canada 4% ‘80, , | tato crop, the average price per barrel NEW AUTO DEVICE. | ing 4171 UTH BEND, Ind., August 25 (Spe- fie?" by ‘the Pederal State Market by sulomotive engineers Service at Pocomoke. portent Sour- 'Ml“'w"y bog viation Corporation an- of the t and market- $ eliminates all ne- | Can Nor 75 db '40. lutch operation by driver. makes it possible to start, 54 Cent 11l GEE 5561, | Cent Pac 51 '60 Cert-tadb 514 48, Ches Corp 58 47 C&Ogen4%s” C&O 443 A9 CB&Qgen 4 CB&Q4%s € B&Q 18t rf 5 CB&Q Til dv 4843 Chi Grt.West Chi M & St P ; EE i fii i g SSaae! 5 f 5;; I 2 & b BB aubifs e nulibs g i 5 H a is | J B ii J L1 i i | it 1 g?é { i i ! § 1 : i ! 1 § ;ii : 3 § i ; 2525 gt a'a{i ] ] i 2 g % ). 13 e e T R pi H 5 i | §§5 5 g ; g | Pated T T =T R T 4 119% 119% £ 112% 112% | 81% 81% 6% 96% 100% 100% N MU U 96% 96% 50 91 p 5;5 i ] § ol I [ I | SlnalibneNanms i S} ; T gg:i 1 g2 39 i 50 91 ; o sl B & ! i!gg i jif tracts for 40,000 tons of arch and par- tition tile and girder for new Marshall Pield building; Ottaws phnfmn- l& i Orient dev 63 '63. .. Pac G&E Ss'42.... § o BuBan it Bura i ; ‘seven $1,570,225, as compared in the first seven months | Cht & N W on 45 s, 52 Chi&NW rf 5s 2037 Pan Am Pet 65 '40.. Paramount §s "47 A 2 p H 8 - Bwmea Washingten é.tock Echange SALES. Capital Traction Co.—10 at 36, 10 at : , 5 at 36. ; e Riggs National Bank—10 at 375, Chi Un Sta 6348 AFTER CALL. C& W Ind cn dx's2. Potomas Eiectric 8% pid—4 st 113, SR st 11 thaler Linotype—2 at 7713, 3 at T13%, 3 8L TT%. - Washington Rwy. & Elec. ptd—10 at 991, 10 at s‘o’?.. ‘Washi Gas 55—3500 at 107. young, 18a 2 & : Bid and Asked Prices. , 12a16: | pacity operations. d > . ) BONDS. 4 B . : { iveries, V. ; seven mon! b § . e » = a Eggs- - 580 cases: current 199 vs. 144. { Becond Int HORE o"'"lS'"c‘ mer, Tel & Tel. 4128 4 3 17a20; hennery whites, firsts, | Maine Central Railroad July net oper- Int Sec 6% . ’ Am. et b gsili : Pazt ," 045, vs. $24.621; seven | Beietted But Bh bz | Pl S St TR 4 Eccas g'."‘.‘o: ; nd 6x =178 i 1 Lk 5 B e EH H EE sigi | Penn gen 55 '68 Penn §%s '3 Penn P&L 4 Pery NaB88.. Sans o i1 5 § Buutd o i ’.::-8 —Good ladles, 19a20; store ypacked. 15a16. X % /" ¥ay and Grain Prices. ~ | Btand zess 3 1 e, g 1 Con Pow Japan 7. " heat—No. 2 red Winter, export. no 9. ” 25 100% Copenhag 4%s°53.. ¢ Pos Tel & C 58'53. . qugiations; No. 2 red Winter, garlicky, tor: et e . 98% 98% | Pressed St C 55'83.. sHt m&: 49%; August, 497 id e - oy | 2 s /" Corn—No. 2 yellow, domestic, 58; cob Service Electric & Gas: A jrorn, 3.2563.35 per barrel clares initial quarterly dividend of $1.25 1, Osts—No. 2 white, domestic, 30; No.| on 85 prefezred stock. T 3, 20. { St Louis-San Francisco Railway ] Rye—Nearby, 40a45 {tem) July deficit after charges $95.- 2o0th Hay—Receipts, none. General hay | 581, vs. surplus $617,912; seven months " market is quiel. Receipts ample and | deficit $1,120,214, vs. surpius u,n'l,ssv.].,,,":, Pounders' 1-70th" 6cin outward movement slow. Competition | Southern Pacific Co. July net oper-| United Ins Shrs of pasturage making itself felt. Fair to ating income off 209 per cent; seven | Pnited Bapx Ty . good timothy and clover mixed hay |months off 375 per cent. | i fl"’}‘ Int Ltd B nt_$3 pf n RS ¥ 8 e ANANNANG-ND NH RORS~ANRE Pure Ofl 533 '37 Queensland €s ‘47 ST - ) 5. 65. Storage b5 STOCKS. 22 -5 mem s bt Rem R 5% % A "4T. 1 Truscon Steel: Al 1t old) ranges from 15.00 to 19.00 per; Operatlons 921, | Rnine West 6 ‘57, . Between seasons now and situa- | between 65 and 75 per cent of capacity.| b § Fie 13 & Pow A white, 9.0089.50 w{wvmmf;g&c o e - L 7. 101% 101% | Rhine West 68753 ., ton; No. 2 oats. 9.00a10.00 per ton. | not earned. o Dutch East I 65°62. 101% 101% | Rio de Jan 6148 °53. American_Agricultural Chemical def- GRAIN EXPORTS. e pital, 18).:. . East C Sug 734837, sk e to i 0 18 18 El Salvador 85 '48 80 80 Erie 18t co; 96 % B7% B7% Erie cv bs 65 65 Erfe 5875 4% Finland 5%8 ‘58 72% 7 6" 36 o S % g k3 Tokio EI Lt 65°53.. 53 84% 83 4 1184 b+ 125% 125% 1 3% Un Pac 1st 4847 87101 '100% 100 64 64 |SaxonP W e3e's1. D it o e 984 98Y | Saxon Tx 45 c AT .. 1t 100% 1035 100% | Seab A L 48 =4 Y 5y Seab A Lev 6s'4s.. 3 r Utd King 5%s '37..256 106% 104% o g 7 US Rub lstss'47.. 9 68 8 o s o UnSt W eHs A7, 3 43% ‘4a% Serbs-Cr-81 86 Ud St W §3%48A'51.. 8 6% Serbs-Cr-81 8 VSt W5%sCs1.. 1 47 47 Unit 88 Coj 7. 2101 <10t Urvgeay 20 42 40 Sinclair O11 §; 98% | Uruguay .3 42 ‘41 Sinc O Ts cv A 9614 964 | Uruguay B B4 B4 Utah P& L 5s'44.. 104 1083 X K [ til Pw 58 59 ww. .- Utl] Pow 5%8 "47.. Sou Bell T&T 53 '41 ‘54 Live Stock Market. icit, year ended June 30, $782,172. Cattle—Receipts. 100 head:. light . American Thread five-day week sched- ‘market dul! and lower. jule for Pawiucket plant,” formerly on By the Assoclated Press 1 . | made ‘their appearance, the drought “fs-Cheice to prime, 8.008825: | three-day erdrosr good to_choice, 700:5.00: medium w' British Columbia Power, T PoTts of grain from United States ' being credited for this by some. good, 6:25a7.00 fair to medjum. 550a ' Gress off 6.5 per cent, net up 18.6 per in }he week ending August 22, totaled ho. willlam Gardenhour, one of the et €.25; plain to fair, 5002550, common | Cent: 12 months’ gross off 1.3 per cent, 2-424.000 bushels, compared with 1,399,- | Sec to plain, 4.50a5.25 net 168 per cent. 000 in the preceding week, and 3,316,000 | pected the sect ‘would turn out about g Bulls—Choice to prime. none: gocd | Ficrida East Coast Railway July net to cholce. 45085.00; medium to goor. | operating deficit $235,050, vs. cefieit | " ¢ COTresponding week of 1930. | as great a quantity as the Hancock area. Amer. Sec. 400a4.75; fair to medium, 3.50a4.00; | $300,020; 7 months' net operating in-| Commerce Department figures toda; "m'&‘“ "'.;"':Imhfl:m Gontingntal 2 plain to fair, 3.28a350; common to|come, $1,006969, vs. income $!,244,617. ' made the following comparisons: Last ' size of the el Prince Georaes B & 7. (61 pho‘:.._cjw' "w"f; t: ime, none ‘-;ffi',‘f.’,"f{;‘,’;‘,,?g’“"““"d;’fig‘";fl week’s exports and those for the week | .. Wash, Losn & Trust (14).... > K : good | 2 y common dividend; | to cholce. 450475, medium to good. | formerly pad 50 centa. before—Wheat, 2,184,000 bushels, against | Tngurance Request Granted. besh o ey 4.0084.50; fair to medium, 3.5084. Gabriel Co—Control _acquired by | 1:100.000 bushels; bariey, 96,000, against | oD Ve Al i ¢ nk of Bethesds (64 pm: 2 group of New . York, Baltimore and!210,000; corn, 30,000, against n.oo::jcm,_—mqun' of the Mutual Fire In- b | 2 Heifers—Choice to prime. none; good | Shell Union Oll—Subsidiary, Shell 1 Pebrua. a2 to. choice, 6502700 mediam 1 §o0d, | Petroleum, increases gasoime price 3 | Of T¥e Were reported for either week. BT g R el B B siates o) Ger Cen Bk 6.0006.50; fair to medium, 5.50a6.00. cents s eallon in Chicago, St. Louis and | Canadian grains in transit, shipped | without of levying i el o Ganat Bew Bheep and lambe_Receipts, 180 other ciites in vieinity. fzom United Etates Atlantic ports, | assessment has been granted by the SN S mATIOR. German 7s re head. Sheep, 10.00a13.00; d % | Western Maryland Raflway July sur- tsiaied 810,00) in the week ended Au- | Corporation Commission. The ' 2 + 11l | Ger Gen Bl 78 L 400 head: light sup- | DS after charges off 26 per cent; 7| gust 22, against 550,000 in the previous | company was fs- | @) : Goodrich cv 68 !!oa—-m 5 g: m_l'\;g months off 48.1 per cent. week, while exports of North American sion ths s . Good 18t 6158 "47. y; market er. -mn K5 Atlantic Coast Line Co. declared $1.75 | wheat flour totaled 859,000 barrels, that the alle: X Goodyr Rub 58’67 vies, 6.00a7.15. . 1.0087.35; | quarterly dividend; formerly paid $2.50.! sgainst 179,000. . % e GrandTr sf db 68’36 g P light pigs, 6.75a7.00; Juiion Oll Refining defici, 6 months 1o | A g . Grt Nor 4%8"1T B pigs. - une . L, 3 i ) Calves—Receipts, 50 head; light sub- | " [nited States Steel—Blast turnace at. NEW Ross. - ply; market steady. Calves, 4.00810.00. } joliet works resumes operation. EW YORK BANK STOCKS 4 e Carp. 8" . Grt Nor gn 78 '36. Sou r.eus:'-n'f" [ T Brie- July net operating in- ! L3 S |Greek6s'63....... 31 85% 85 85 |gou PAOr 4% "7, MARYLAND TOBACCO PRICES. |come off 51.2 per cent; 7 months off NEW YORK, August 25 (#)—Over- | ist. Natl. Sec. EJ" 8 Gulf Mobile 58 '50.. Sou Ry gn 48 '56 17.8 per cent. the-counter market: BALTIMORE, August (Special) —| " New York, Ontario & Western Rail- 25 of Jeaf way July net income $341,179, | » vs, $282.0686; 7 mnn:gu 1,081,151, vs. l-vhlnuwklnmmo'm- - i R L 8o e T it meak Foa Nastune MY AN . | POTATO MARKET. Naphaitan Co. 1 «Unmd’l Publie . X Rio Gr W 1st4s ‘39 Rome 6% '52. Roy D 4845 w StL IM R&G 48’ triple that of last yea insects 2 g 323 4 Tr co. us). 49 .Y-‘;'»: L French 73841 Gelsenk’hen §: Sslug N2EE: H » Ruwudw~ mamasa Gen St Cas 5% Gen Th Eq 684 | { | o i . 1.8082.50. | Ml - {0ata, 114000, against 7,000; no exports | surance Co. of Harford County. Md.|secBav. & 1 ™ th reet Ger Cen Bk .. s2ds - Saae 3 2 36 Brure - a3 gispessgain B0y ¥ BANKS. 5y 5 Humble O 53833, 111 Cent 4s'52 111 Cent 4s 53 33ssrasssss 5 - # Eep.usi.f.gssdesive < t. M. & G. ptd. ¢ b 1 5 oty Steaee (3o " r k - Ret. & Wh L i3) rbal Co 8 . Medica 2583 TRUST COMPANTES. . et 7« Wil & Co 1st 6841, Wis Cen gn 4s '36.. T VRV i 0 W TSR S