Evening Star Newspaper, September 13, 1931, Page 60

i 2 FIN STOCK PRICES DROP AT SHORT SESSION Selling Quickens Toward| Close as Whole List Sags Under Pressure. BY CLAUDE A. JAGGER, P Assceiated Press Financial Editor. NEW YORK, September 12.—The stock market ended the week feebly to- day, showing no disposition to extend the rally which developed toward the close of yesterday's session. Trading was rather sluggish, for the time, but selling quickened in the last hour, and prices shrank rapidly. Issues influenced by dividend uncertainties were particularly feeble. The turnover was well below a million shares for the two-hour session, but losses of 1 to 4 points were numerous. ‘The market has managed to close a little higher, as measured by price ave- rages. only once this week, in fact only once in the past eight trading sessions. Some prive averages have already pene- trated the bear market bottom estab- lished on June 2, and the Standard St tistics-Associated Press weighted price | index of 90 representative issues came close to it today. Utilities Weak. ‘Westinghouse Electric was actively #old. declining about 4 points to the | lowest price since 1922. Directors meet for dividend action next week. Rails and utilities showed group weaknes: V. s. Steel was well supported for a time. but finally sank a couple of points. American Telephone dropped about | 8 points. going to the lowest price since June, but meeting support some- what above its June low. Western Elec- | tric’s deferred dividend meeting is echeduled for next week, and since American Telephone holds about 98 per | cent of its stock, adverse action would curtail American Telephone & Tele- graph's income. Allied Chemical and Delaware & Hudson ped about 5 points to the Jowest, prices since 1925 and 1923, re- spectively. The latter recovered a little in the final dealings. Reading and At- lantic Coast Line each dropped 3 points | to the lowest prices in several years. Miscellaneous issues losing about 2| to 4 points included American Can, Consolidated Gas. American Tcbacco B, | Case, Goodyear, Electric Power & Light, North American, New York Central, Atchison, Union Pacific. Coca-Cola. Eastman’ and a few others. Super- ANCIAL. SLIGHT DECLINE SHOWN IN, CHAIN STORE SALES According to a compilation issued by Merrill, Lynch & Co, 46 chain store companies, including three mail order concerns, show total sales for the first eight months of 1931 of $2,367,- 608,413, against sales of $2,468,901 2!2 |in the corresponding period of 1930, | decrease of 4.10 per cent. Three m order companies alone show sales mr the first eight months of 1931 of $369.- 863.947, against $416,054,631 in the nm eight months of 1930, a decrease 11.10 per cent. Excluding the mlll order concerns, 43 companies show sales for eight months of 1931 of $1.997.744,466, against sales of 846,631 in tho same period of 1930, a decrease of 2.68 per cent. Results for Alllult. 1931, as reported by 46 chain store companies, includ- ing three mail order cont show total sales of $275791.841, against $201,809.444 In August, 1930, & decrease of 5.51 per cent. The three mail order concerns alone show sales. for August of $42,526,990, against $48.244,998 in August, 1930, a decrease of 11.85 per cent. Excluding the mall order con- cerns, 43 chain store companies show sales for August, 1931, of 1$233,264.851, ;!limt $243,654,446 in Au- gust, 1930, & decrease of 426 per cent. Gold Stutement NEW YORK, September 12 (#).— The daily gold statément of the Fed- | eral Reserve Bank of New York today showed imports of $1,220,000 from Mex- ico. There were no exports and there was no net change in gold earmarked | for foreign account. heater was in soft, losing 4 points. General Electric ug ed about & point to another new low. dio and General Motors sagged only fractionally. Inter- national Business Machines, which | dropped several points yesterday, rallied | 5 points today. Reports from the Youngstown steel | area ‘indicate that the upturn in pro- | duction this week, followin the slump |over the Labor day holiday, will be | maintained at least thmlh the early part of next week. | The monthly copper statistics, show- ing a gain in refined stocks on hand of more than 15,000 short tons to A new | high record, amply explained the recent cut in the éxport price and further agi- | tation for curtailment of production. It |is expected that an international con- | ference of producers may be held next month. | The Texas Railroad Commission has modified its order under which resump- tion_of production in the East Texas | oil field was permitted, to restrict the opening of new wells. In the meantime | the wholesale gasoline market at Chi- | cago has turned heav: vy. rices losing a substantial portion of e recent ad- | vance. District Business Barometers Telephone service and power con sumption in the Distriet showed in- creases last month as compared with the same pericd of 1939, but retail trade. check transactions and postal Teceipts declined, according to business barometers collected by The Star. There were 173277 telephones in service here at the close of last month, as compared with 162,396 in August, | 1930. Also, there was an increase of 515 in August from the total for the close of July, as compared with an in- erease of 288 in the same period of last year. The net gain since the first of this year was 4.797, as compared with & gain of 3483 during the first eight months of last year. number of average originating | calls per day here last month was 575.- 300, as compared with 515,227 in Au- gust last year. Power consumption showed a large increase, the number of kilowatt hours used last month being 27,195,163, as ‘rgg:‘pnna with 24,044,208 in August, | 1930. | Check transactions last month amounted to $80.484.710. as compared with $96.379.442 in August. 1930. There also was a decline from the total for July of this year. Postal Tecesipts here last month amounted to $365.080.24. a dscline of 5.97 per cent from the total for August of 1930. Retail trade in Washington, as indi- cated bv reports of eight department stores, was 6.8 per cent smaller last month than in Aumt of last year. The decline for the fifth Federal Reserve district was 8 per cent and for the ! country as a whole 12 per cent. CHECK TRANSACTIONS WASHINGTON CLEARING HOUSE 1928, lnuon 832 . 126,930,689 114,273,668 . 107,049,844 113,117,412 137,660,693 122,706,244 129,981,412 1929, $129,438,291 109,649,040 131,795,928 129,300,052 126,336,188 124,028,347 127,497,771 113,553,519 114,986,938 137,968,284 120,261,737 116,074,630 1930. 1931. $100,764.614 96,742,175 112,443,159 113,382,805 102,346.949 1 118,036.652 113,055.037 116,280,346 109,420,638 96,379,442 97,868,931 118,084,915 102,030,387 117,573.071 100,887.167 89,484,710 Totals .......0000..81,435,725,602 $1,481,390,728 $1,317,607,504 POSTAL Reported by 1928-29. 3391 42844 2.757.49 September October November December January February 545.640.13 494,103.07 672,162.47 480,663.77 467,238.68 505,179.65 499.056.83 491,322.56 457,603.20 RECEIPTS Fiscal Years 1929-30. $425,262.75 414,342.79 460,574.25 547,474.88 545,321.21 697.118.68 532,771.78 468,827.50 522,980.81 510,751.54 497,580.76 425,518.43 1930-31. $409.232.72 388,263.58 92,838 492, 00 544,793.81 498,194.90 718,541 94 497.506.26 455.085.03 484,627 509,060.51 453,005.62 443,065.13 1931-32. $309.565.42 365,060.24 ‘Totals $5,886,415.57 $6,048,525.38 $5,894,305.31 KILOWATT HOUR OUTPUT FOR DISTRICT POTOMAC ELECTRIC POWER CO. 1928. 18,655,125 18,479,857 18,472,095 18,031,834 18,852,464 19,484,101 19,555,847 19,470,453 19,710,347 19,286,368 20,256,623 20,663,298 Month. January ... ry TELEPHONE SERVICE IN 1929, 1930. 1931. 22,016,010 25,293,169 27,737,942 20,009,602 24,774 418 25,899,538 21,520,790 22,332,696 25,347,693 21,071,318 25,396,042 21,078,386 25,558,407 21,717,953 27,058.109 21,182,306 27 21,180,690 21,269,828 21,899,856 23,549,201 24,678,737 23,579,159 23,509,155 24,423,886 24,944,308 25,266.208 25,886,994 25,628,655 27,520,341 DISTRICT CHESAPEAKE & POTOMAC TELEPHONE CO. Number of Telephones in Service 1928. 144,036 144,757 145,279 145,657 145,962 145,264 145,292 145414 145,837 . 148,608 . 149,501 «v 150,360 1928. 151,285 152,381 153,274 3 1930. 159,705 160,013 160.946 161,772 162,125 161,961 162,108 162,396 163,736 166,037 1931, 169,348 170,088 171,814 172,474 172 487 172,762 173,277 158,013 Average Originating Calls Per Day. 1928. 590,024 601,839 595,652 598,398 *Seasonal decrease due to vacation 1929, 60 575,300 25 it 651,180 632,694 652,959 period. SALES INDEX OF DEPARTMENT STORES DISTRICT OF COLUMBIA. S w cessescseesss 1000 . ‘ 115,114,393 | 170,929 | ek, Righ. lLow. Taw. Average price of 50 stocks. 132.94 113.08 Sameé period a year ago.. . . ! 338, 310 599,28 ‘Total sales. .. 7.086.410 408,489,110 Same period a year ago. 118 07 100.44 245.60 179.12 id In 100-share lots excent those desigmated by letter “s." Stock and Sales— et Dividend Rate. Add 00. Hish. Loy Cloge. O 315 Abitibi Pwr & Paper. 10 4 A7 11% Abitibi Pwr&Pap pf. 1 25 A'ham & Str (37%e). g‘fl il 324 + 13 Addressograph (1 4 Adv Rumley.... 7 70% Air Reduction(4%). 165 3 Airway Elec Appl. . 7 Alaska Juneau (40c) 2835 5 Albany Wrap Paper. 2 3% Allegany Corp...... 448 11 AlegCppf$30ww.., 6 10% Alleg Cppfw 340w, 8§ 28 Allegheny St (1.20), 1708 32 Alllance Realty (3).. 80s 99% Allled Ch&Dye (n6). 478 121% Allfed Ch&Dye pf()x 3 18% Allis Chalmers (2).. 134 8 Alpha Port Cemt (1) 1 Amal Leather. Amerada Corp ( Am Agri Chem (Del Am Bank Note (13). x Am Beet Sugar . Am Brake Shoe(2.40. Am Brake 8h pf (7). Am Can Co (15). Am Can Co pf (7). Am Car & Fdry (1).. Am Car & Fdy pt (1) zmn Am Chain. ‘Am Chain pf (7). Am Chicle (13) Am Colortype. . Am Comel Aleohol. Am European Secur. 60 Am & For Power. ... 1897 Am & For Pwrpf(6) 2 Am & For Pwrpf(7). 10 Am & For Pwr2d pf. 15 Am Haw St'ship (1 3 Am Hide & Leather. . Am Hide & Leath Am Home Prod 4.2 Am Ice Co (3) Am Ice pt (8) Am International Am La France&Fom. Am Locomoti a).x Am Lo'motive pt () x Am Mch & Fdy 1.40., Am Mach & Metals. . Am Mach & Met ctfs. Am Metal Co. A Am News (13%). Am Pwr& Lt (31). 'm Am Pwr & Lt pf (6). 67 Am P&Lt pf A =t(5). 10% Am Radiator (60c)..x 160 133 Am Radiator pf (7).. 5 Am Republics ‘Am Rolling M AmSafety It Am Smelt Ref (2). Am Sm&R 2d pf(6).. Am Sm & Ref pf (7). Am Snuff (13%). Am Snuff pf (6). Am Solv & Chemical. Am Steel Found (1). 7 Am Steel Fdry pf(7) 2408 Am Stores (12%4) ... Am Sugar Ref (5). Am Sugar Ref pf (7) Am Tel & Telex (9). Am Tobacco (16). ... Am Tobaceo B (1 262 Am Tobacco pt (6) 4 Am Type Fdy (8) 2 Am Type Fy pf (7).. 108 Am Water Wks (3).. 182 Am Wat Wkscfs(3). 22 Am Wat Wistpf(6)z 8 Am Woolen Co.. 19 Am Woolen Co pf. Am Writ Paper étf; Am Writ Paper pf... Am Zinc & Lead. ‘Anaconda Cop (1%4).+ Anaconda W & C (1), Anchor Cap (2.40)... ‘Anchor Cap pf (613). Archer Daniel Mid. . Archer-Dan pt (7). . Armonr of Del pf ( Armour of T11 (A). Armour of 111 (B). Armour of 11l pf Arnold Constab! Artloom Corp. Associated Apparel., s As=0 Dry G (2%4) .00 125 Atch To&S Fe (10).. 1004 Atch To&S Fe pf (5). 77 AtlCoast Line (7)... 15 13 Atl Gulf&West Ind 21 At1Gulif&WIpt(5).x 3 11% Atlantic Refining (1) 105 30 Atlas Powder (4).... 3 84 Atlas Powder pf (6). 30s 6 Atlas Stores (1)..... m 101% Auburn Auto (£4). 1 Austin Nichols. 18% Austin Nich pf A (3) 2008 1 Autosales 7 3 Aviation Ce —_— a1, Baldwin Locomotive 29 Baldwin Loco pf (7). 70s Halto & Ohio (3).... 295 Balto & Ohio pf ()., 7 Bamberger pr (84). 108 Bang & Aroos (3%).. 4 Bang & Aroos pf (7). 1008 Barker Bros. 1508 24 " Barker Bros p! 708 30 -1 Barnsdall Corp'n 105 Bayuk Cig 1st p{ 408 Beatrice Cream (4).. 18 Beatrice Crm pt(7).. 17 Beech-Nut Pkg (3)..x 4 Belding-Hemingway 28 Belg Nat Ry pf(481) 2 Bendix Aviation (1).x 295 Best & 18 Bethionem Sieel (3. 920 Bethlehem St pf (1) 33 Blaw-Knox (1). 8 Bloomingdale Bros.. 10s Bloomingdale pf (7). 40s Bohn Alumn (1%)... 115 Bon Ami (A) (15). Borden Co (k3) 3 Borg Warner (1) 1. Botany Con Min (A). Briggs Mg (11%) Brockway Mot Trk 1550 18 103% - &Queens pf(5) Bklyn Union Gas (5) Brown Shoe (3). Brunsw-Balks. Bruns Term & Rwy Bucyrus-Erle Bucyrus-Erie cv pt. . Budd (EG) Mfg.. Budd (EG) Mfg pf.. Budd Wheel (1). E 7% Bullard Co. 7" Bulova Watch (30¢). 19% Burrough A M(113%) 17 Bush Terminal(2%). 70 Bush Termdeb (7).. 95t Bush Terminal pf(7) 114 Butte Copper & Zinc % Butte & Superior.... 9 Butterick Co. . . 2.!"- Byers (AM) Co..... Byers (A M) pf (7) 5 Calif Packing (2). ‘a Callahan Zinc & Ld.. 2315 Calumet & Arizona. . 5 Calumet & Hecla. ... 10% Camp W&C Fdy (1).. 2414 Canada Dry G A (3). 1615 Canadian Pacific 1% . 17% Cannon Mills (1.60). 91 Capital Admin (A).. 29 Capital Adpf(A) (3) 2 86 Car Clin & Ohlo (4).. 180s 9414 Car Clin & O sta (5). 50s 45% Case (J 1) Co.. 208 77 Case (JI) pf (7) 17 Caterplillar Trac(3). 2 Cayanaugh-Dobbs... 100 8% Celanese Corp. 3% Celotex vtc ct. 14 Celotex pf. 17% Cent Aguirre ( 214 Century Rib Mills. 12% Cerro de Pasce (1) 23 Certain-teed Pred. 7 Checker Cab Mrfg... 27 Ches & Ohio (234).. x 116 271% Chesapeake Corp(3) x 173 4 ChiGreat Western.. 15% Chi Great Westn pf. 3% Chi Mil StP & Pac... 4% Chi Mil StP & Pac pf. 18% Chi & Northwest (4). " —1% 1% o Bl 2 2% 0o D. C., SEPTEMBER 13, Eq. Clev & Bitts u%) 22 Cluett-Peabody (3 133 Coca-Cola (17%). 53% B0 Coca-Cola (A) (3) 505 39% Ce Pal-P (234). im-P pt (8).. Colling & Aikman. ... Collins & Aik pt (7)., 7% Colonial Beacon. ..., 9% Colo Fuel & Iron 20% Col Gas&Elee (2). 98 ' Col GaskEl pf A (8). 89% Col Gas&EIptB (5). 2 51% Columh Carbon (5).. 273 6 Columb Graph (50c). 43 13 Comm Credit (1.60). x" 37 30% Comcl Credit A (3)..x 15 20 Comel Cred pf (1%).x 708 76% Comel Cred 18t($3;) x3408 21% Comel Cred pf B (2).x 508 20 Comel Inv Trust (2). 172 101% Comel Inv Tr pt 614 82 Comm Inv cvpf(e6) 1u% Comel Bolvents (1), x 421 6% Comwlth&Sou (40¢). 490 90 Comwlith&Sou pt (8) 12 8% Congolm-Nairn (1)., 18 Congress Cigar (1).. 28% Consol Cigars (5)... 54 Consol Cgr pr pf 63 . 841 Consol Ciars pt (7). 3% Consol Film........ 10% Consol Film pt (2).. 8214 Consol GasN ¥ (4).. 101% Consol Gas NY pf(5) 11% Consol Laundries(1) 28 ConsolRwys pt (8)..x % Consol Textlle...... 44% Contl Baking pt 40% Contl Can (2%). 6% Cont Diamond F 34 ContInsur (2.40)... l Il 1% Centl Motors. . 5 Contl Oil (Del 2% Contl Sha: 58% Corn Products (14). 146'% Corn Pred pf (7).... 6 Coty Ine.. 25% Cream of Wheat 'Hi 12% Crex Carpet. 18% Crown Cork (2.40) . . 28 Crown Cork pf (2.70) 2 Crown Zellerback... 30% Crucible Steel 80 Crucible Steel pf (1) % Cuba Cane Products, ba Cuban-Am Bugar ot 14 Cuban Domn Sugai 36% Cudahy Packing (4). 66 Curtis Publish (4).. 108% Curtis Publish pt (7) Wrignt. ..., 3 Curtis Wright (A).. Cushmans pt (7). Detroit Edison (8). . Devoe & Ray A (80c). Dévoe & R 1at pf (7) Diamond Mateh (1). Diamond Mtch pf 1% Dome Mines (1)..... Domn Stores (1.20) .. Doug Aircraft(t1%)x 18 Drug Corp (4)...... 148 Dunhill Internatl. 3 Dupont de Nem (4).. 1523 DuPontde Npf(6).. 13 107% 102 _Duques Lt 1st pf (5) 2 18% 5 Eastern Roll Mills.. 185% 118 Eastman Kodak (18) 376 21% 9% Eaton Axle (1.60)... 11% 3% Eitington-Schi) 69 Eitington-Schild pf .. T4h Elec Auto Lite (4) . 110 i Flec Auto-Lite pf(7)’ 2 Electric Boat...... lec&Musical Instru Elec Pwr & Lt (1)... Elec Pwr & Lt pf(6). Elec Pwr & Lt pt (1) Elec Storage Bat (4). Endicott-Johnson (3) Endicott-John pf (7) Eng Pub Sve (1.60) Eng Pub 8Ve pf (). Eng P8 pf ww (5%3). 86 Eng Pub Svept (6).. 26% Equit Office Bldg 2% 60% Pri ;!-uu (3%)... 20% Erie RR 1st pt (4) 4% Eureka Vae Cleaner. 314 Evans Auto Prod. 1% Exchange Buft (1%) 60 Fairbanks M pf (7).. 31 Fashion Park Asso. . 48 Fed Mine&Smelig pf. 5 Fed Mot Truck(40c) .x 4 Federal Screw Wks. 111 Fed Wat Sve A(1.20) 16% Fed Dept Stra (25c). 36% Kid Ph Fire In(2.60), 16 Filenes Sons (25¢).. 85% Filene's Sons pf 614 ., 13 Firestone T& R (1).. 56% Firestone T&R pf(8) 41 First Natl Strs a%) % Fisk Rubber. 1 Fisk Rubber 1at pf.. 8 Follonsbee Bros 14% Food Machiner: 19% Foster Wheeler (1) 4% Foundation Co. 20% Fourth Nat Inv 18 11% Fox Film (A) (2%4). 871 22 Freeport-Tex (3)... 64 50 Fuller prpf(+7.11 2% Gabriel Co (A). 30 GamewellCo (3). % Gardner Motor. 43 Gen Am Investors 69% Gen Am Inv pf (6 52% Gen Am Tank Car(4)x 18% Gen Asphalt (2) 17% Gen Baking (2). 98 Gen Baking pf ( 5 Gen Bronze 3% Gen Cable.... 7 Gen Cable (A) 2715 Gen Cable pf. 81 Gen Cigar (4) 107 Gen Cigar pf (7 35% Gen Electric ( 114 Gen Elec spee (Mn) - 43 Gen Food Corp (3).. 4 Gen Gas&El A (e30c) 44% Gen Gas&E cv pf(8). 6T Gen Gas & ElecA(7). 76 Gen Gas&Elpf A(8). 26% Gen Ital Ed El m2.61 35 Gen Mills (3). 96 Gen Mills pf ( 30% Gen Motors (3 x 208 Rea! 25 GenR&Ut vf (IC 20 Gen Refractories (3) 1% Gen Theatre Equip. 15% Gillette Sat Rasor... 55 Gillette Saf R pf (5). 4 Gimbel Bros . 361% Gimblel Bros pf (7). 7% Glidden Co. 48 Glidden Co 4 Gobel (Adolf).. 21 Gold Dust (2%) 8% Goodrich (BF). Goodyear 1st pf (7).. 4% Gotham Silk Hosiery 2% Graham-Paige. . 10 Granby Con Min (1). 12% Grand Sil Strs (h1).. 10% Grand Unfon.......o 36 Grand Union pf (3).. 18% Granite City Steel(2) 26% Grant (WT) (1)....x 30 Great Northn pf(4) 16 Great Northn Ore(2) 7% Great Western Sug. . 80% Great Wn Sug pf (7) 2% Grigsby Grunow % Guantanamo Sug: 3 Guantanamo Sug pf. 11 Gulf Mebile :\Nonm l‘l'A —l“ 18 16% — % 18% 20% 78% 1931—PART SIX. Stock and Dividend Rate. ' '24% Harb & Walker (1).. 4 Hartman Corp (A) 2 Hartman Corp (B) % Havana Eiec Ry. 2% Hayes Body Corp. :% gn‘eulo Mot (80c).. 58 Household Fin ll 20) 27 Houston Oil... 6 Houston Oll (new).. 13 Howe Sound (2).. 30% Hudson & Man (313) 65% Hudson Man pf (5).. 11 Hudson Motor (1)... 5% Hupp Motor: 28% Illinois Central (4).. 45 Tllinois Cent11(4).. 1% Tndian Motor Cycle. . 2 Indian Refining . 21% Indust Rayon (4). 74 Ingersoll Rand (4).. 39 Inland Steel (23)... 414 Inspiration Copper. . 914 Insuranshares Bel A 5% Insur Shr(Md) (40c). 13 Interboro Rap Trans 131 Interbo Rapid T cod. 1% Intercontl Rubber. .. 5 InterlakeIron.. 1% In. Agriculture 1615 Int Agriculture pf... Int Bus Machine(n6) ‘nt Merchant M in. Int Nick of Can(40e) * Int Nick Can pf (7). Int Paper pf........ Int Paper & Pwr (A) Int Paper & Pwr (B) % Int Paper & PwrC... Int Printing Ink. Int Printg Ink pf (6) "00- Int Rys Céent Am Int Salt (3) Int Shoe (3). Int Silver pf. Int Tel & Tel (1) Int Dept Stores (2).. Interstate D S pf(7). Interst DS pf xw(7). Intertype Corp (1) 3% Investors Equity 20 Island Creak Conl(4) 574 3614 Jewel 126 105 Johns-M 123% 1164 Jones & L.uxh 1 (1) 408 427 208 308 19% Kansas City 8ou (2), 40 Kan City Sou pt (4). 12 K'mann Dept Strs(1} 10% Kayser (J) & Co (1). 1% Keily-Spring 'nr 9% Kelly-Spr T T Kelsey-Hi !. 813 Kelvinatol Cory 20 Kendall Co pf (6). 14% Kennecott Copper(1) 11 Kinney (G R) Co.... 23% Kinney (G R) Co pf. Kresge (S S) (1.60). Kr sge (S8) pf (7). 8 (SH) Co (31). k euger & Toll 1.61). Kroger Groe: 1 Lane Bryant (1) Les Rubber & Tire. Leh Port Cement. ... Leh Port Cmt pf (7). Lehigh ley Coal. . Lehigh Valley R R Lehman Corp (3) Lehn & Fink (3)..... Libbey Owens Glass. Liggett & Myers(15) Ligg & Myers B (15) Lily Tulip Cup(113). Lima Locomot (m2). Link Belt (2)..... T.iquid Carbonie (3). Loew's Inc (3).. Loew's Inc pf (6% Loft Inc. Long Bell L Loulsiana Oil. . Lou Gas&El A Louis&) Ludlum McAnd & F hel!"). McAn&Forbes pf(6). McCall Corp (2%) McCrory Strs pf (6). Mclntyre Pore M(1), McKeesport T P (4). McKesson & Rob(1). McKes&Rob pf(3%) McLellan Store: MackTrucks (2). Macy (RH)& Co(n3). Mad 8q Garden(60c) Magma Copper (1) Mallison & Co....... Manhzt Elev gtd (7). ManhatElev mod gtd Manhattant Shirt(1) Maracaibo Oil Exp Market Street Ry 204 1605 13 . 680 Marine Midld (1.20). Marlin-Rockwell (2) Marmon Motor Car.. m Marshall Field (2%) 17% Mathieson Alkill (2) x 28 May Dept Strs (2%) Maytag Co 1st pi Melville Shoe (2). Mengel Co. Met-Gold Pic pf 1.89. 4 Miami Copper. Mid Continent Petm. Midland Steel (3 Midland Steel pf (8). Minne & Hon Reg (3) % Minn Moline Pow. ... Mo Kan & Texas. ... Mo Kan & Tex pf (7) Missouri Pacific..... Missouri Pac pf (5).. # Mohawk Carpet. Monsanto Chem Montgomery Ward Morrell (J) & Co ( Mother Lode. Motor Meter . Motor Products (2).. Motor Wheel (1) Mullins Mfg... Boram Y SrlaalB%e Mullin: gll PL(T).. lGGh 29 Nat Dept Strs 1st(4)" 19% Nat Dist P’rod (2)... 85 Nat Lead (5).. x MI 136 Nat Lead pf A (7)... 120% 116% Nat Lead pf B (6)... 20% Nat Pwr & Lt (1). it 66 22%4 .Nut Surety (2) 13 NatTea (1). 9% Neisner Brothers. 614 Nevada Copper (60¢) 10% Newport Co (1)..... port Co (A) (3). i 11% N Y Air Brake (1)... 60% N Y Central (4)..... 17 NYChicago&StL.. 94 25 NYChi&StLpf 227 147% N Y & Hgrlem (5)... 146 146 N Y & Harlem pf (5). 3% N Y Investors....... 06 N Y Lack& Wn (5).. % 47% NY N H & Hart (4).. 119% 100 NYNH&HpI(7).. 5% NY Ont & We nrn 31 N Y Shipbldg p(t'l}.. 107% 190 N Y Steampf (6).... 118 111 N Y Steam 1st pf(7). % 15% Noranda Mines..... 217 139 Norf& Westn (112). 11 4% North Am Aviation.. m 56% Nor Amer(bl0%stk) 53 ' North Amer pf (3).¢. wm 102 North Am Ed pf (6) s 1 40s 39 7 1 708 508 116% 18% 145% 5% 60 B5% 105% Net. Bales— A«o: lllh m Gon Chge. 1 102 —1’4 Zl'n - Iu 11% -1% 119 418% B% — % 625 ~ 1% 351 - 31y % - W 16 ~1% 31% - 3% 65% —4% 124 - % 6% - % 29 — 33 —1% 1% ~b% FINANCIAL., ~1931~ Stock and High. Low. Dividend Rate. > 60% 25% Northern Pacific (5). 159 36% 14 Nor Ger Lloyd m2.56 1 7% 48 Northwest Tele (3)., 1008 1% % Norwalk Tire & Rub. 3 1%9% 7 OhioOil . 100 2 Oliver Farm Equip. . 9 OlivFarm Eq prpf.. 31 Omnibus Corp. . 67 Omnibus pf (A) /l). 75 35 Orpheum Cir pf (8).. 581 31% Otis Elevator (2%) 129'% 124% Otis Elev pf (8) 16% 6% Otis Steel. 30 Otis Steel pr pf 45 Outlet Co (4). 113% 108 Outlet Co pf (7) 39% _25% Owens 11l Glass 1% Pacific Coast gl Dacific Coast 2d pr. Pacific Gas & El (2 Pacific Lighting (3). Pacific Tel&Telez(7) Pacific T & T pf (6). Packard Motor (40c) Am Petrol (40c) . -rmu P (m1.62%p) Park & Tilford Park Utah. : Parmeles Transport. Pathe Exchange. ... Pathe Exchange (A) Patino Mines. ...... Peerless Motor Car. Penick & Ford (1) Penney (J C) (2.40). Penney (IC) pf A (6) Penn Coal & Coke. ... Penn Dixie Cement. . Penn Dixie Cmtpf. .. Penn Railroad (3) Peop Drug Stre (1 Peoples DS pf (6% Peoples Gas(C ) Marquett - Per Marq pr p Pet Milk Co. Petm Corp of Am (1)’ Phelps Dodze (1).... Phila Conew (6).... Phila Co 6% pf (1).. Phila Rap Transit Phila&Reading C & 1 Philip Morris&Co(1) Thillips-Jones pf (7) Phillips Petroleum. . Pierce-Arrow. Pierce-Arrow pf (6). Pierce Oil. Pierce Oil pf Pierce Petro] Pillsbury Flour (2 Pirelli (A) (m3.13). Pitts Conl. Pitts Coal pf. . Pitts Serew&B(0¢) . Pitts Steel pf. . Pitts Terminal Coal. Pitts Term Coal pf . . Pittsheh & West V'a. Pittston Co. 3 Poor & Co (B) Port Ric Am 'rr.mn. Port R Am Teb (B). Postal Tel&Cable pf . Prairie Oil & G Prairie Pipe Line(3)’ Pressed Steel Car. ' Pressed Steel Car pf. Proct & Gamb (2 40). Proc &Gamb pt (5). Pro & Refiners Trod & Refiner: Publie Sve Public Sve Public Svi Puhlie Sve ) : Pub Sve GRE pf (5). Pullman Corp (4). Punta Alegre Sugar. Pure Oil.. Bales 31% Radio Corp (B) (5).. 4 Radio-Keith-Orph A. Raybestos-Man 1.60. Real Silk Hosiery pf. Remington-T:and. Reo Motor Car(40c).x Republic Steel. . Republic Revere Co Revnolds Vetls(1%4) Reynolds Tob B (3).. r 15% Rossia Insur ¢ val Dtch(m2.2789) Stores (5).. 136 Strs pe (6). 7308 Safeway Strs pf (7). 200s St Joseph Lead (1)..x 37 StL-San Francisco. . StL-San Fran pf(6).. St Louis Southwn. ... St Louis Southwn pt. Savage Arms (1).... Schulte Retail Stores Schulte Stores pf (8)x 7 Scott Paper (11.40) Seaboard Air Line Seaboard Air Line p Seaboard Oil........ Semzrave (50c). ... . Sears Roebuck (214). Second Natl Inv pf. Seneca Copper. .. Servel Inc. . Sharon Steel Hoon.. Sharp & Dohme. Sharp & Do pf (315). Shattuck (FG) (1134) Shell Tra(m Shell Tnion Ol oo 261 Shell Union Oil pf 2% Shubert Theaters. 10t Simmons Co. ... 5 Simms Petroleum. .. 6% Sinclair Consol OIl. . 314 Skelly Oil. m Skelly Oil 1t Snider Packing. Snider Packing pf. .. lS' Socony-Vacuum 1.60 80 Solv Am pf ww (535). 714 South Port Rico Sug 2 9613 Sou P Rico Sug pf(8)x 2 Southn Cal Ed (2)... Southn Pacific (6). .. Southern Rwy (mé). Spalding (AG) (1).. % Spald(AG)1stpf(7). 140 Sparks Withing (1).. 30 Spencer Kellog(80c), 1 13 2 Splegel-May-Stern.. 23 Stand Brands (1.20).x 488 Stand Brands pf (7).x 1 Stand Comel Tobacce Stand Gas&El (313). Stand Gas&El pf (4). Stand Gas&El pf (6). Stand Gas&Fl1 pf (7 Stand Invest Corp Stand Oil Cal (h2%3). Stand Oil Exp pf (5). Stand Oil of Kansas. Stand Oil NJ (12)... Starrett(LS) (12%). Sterling Secur (A).. Sterling Secur pf. ... Sterling Sec cv pf(3) Stewart Warner.... Stone& Webster (m2). 14% Studebaker Co(1.20). 118% 109 Studebaker pf 45% 31 SunOil (1) 1041 94 Sun Oil pf (6 40% 21% Superheater 5 Superior Oil 6 Superior Steel 117% Sweets of Amer (1). 214, Tex Pacific Coal&Oil 50% Texas & Pacific (5). . 713 Tex Pacific Land Tr. 7 Thatcher Mfg Co.... 311 Thatcher Mg pf 3.60 17% The Fair (2.40). 31 Thermoid Co. '3 Third Avenue. 16 Third Nat Inv(m55c) 9% Thompson Prod 1.20. 2% Thompson Starrett. . 24'% Thomp-Star pf (3%)x 4 Tide Water Asso Oil. 38 Tide Water As pf(6) 5% Timken-Detroit Axle 28% Timken Roller B(2). 1% Tobacco Products. .. 9 Tobacco Prod A t95¢ 5 Tramsamerica (40¢). 7% Transue & Will (1) 64 Tri-Contl Corp. 90 Tri-Contl Corp pf(8) 28% Trico Products(23) x ss 3% Truax Traer Coal Co 4 (Continued on Fourth Page.) Net. Add 00. High. Low. Close. &nge. —4% -1 » tE 44 wis Frives se BRI EF FFerE §F OFIFEE