Evening Star Newspaper, September 29, 1931, Page 15

Public Utilities Bear Brunt of Selling—Specialties . Weak. BY JOHN A. CRONE. Special Dispateh to The Star. NEW YORK, September 29.—Stocks on the Curb Exchange quickened their pace on the downside today after a quict and slightly lower opening. Electric. Bond & Share met pressure | becanse of the showing made by Ameri- can & Foreign Power, its principal oper- ating subsidiary, though the earnings tement was no worse than had been expected. Citles Service was off about & half point before midday and other pivotal issues were under pressure. American & Foreign Power warrants were among the first of the utilities to head downward. The company's earning statement for the 12 months ended June 30, showed $6.28 earned on the second $7 preferred, against $2.72 a share on the common in the same pe- riod of 1930, reflecting the world-wide depression and the fluctuating foreign exchanges. This statement was at once mirrored in Electric Bond & Share $6 and $5 preferred, which broke 4 and 1%, points, respectively, on their opening. transac- ‘ions. American Superpower preferred, one of the first ‘utility holding com- panies ta appear, opened off 12 points. Neturally these incidents touched off some selling in utility preferred issues, resuiting in declines of a point or more in such‘stocks as Florida Power & Light, Long Island Lighting, and United Light Sien, Tows o 24% 1% 9 103% 5% Stock and . . Dividend Rate. A¢ Afiliated Prod 1.60. . Afr Investors vtc.... % Alr Investors cv pf.. Ala Pow pt (6)...... % Allled Mills Inc..... Aluminum Co of Am Alum Goods (1.20) .. Alum Ltd B war Alum Ltd D war Am Arch Co (2). Am Capital B. .. Am Capital pr pf Am Cigar Co Am City P&L (A) a3 Am Cit P&L B b10%. Am Com'P A (b10%) Am Com Pr B(b10%) 114 % 6! 100 4 Am Corp war. Am Cyanamid Am For Pow Am Founders. 4 Am G Am Hardware (4). Am Invest Inc (B) Am Invest war. . Am Lt & Trac (2%). Am Mfg Co (2)....0- Am Mtg €o pf (5)...1! Am Maracaibo. . Am Meter (3). Am Natural Ga: % Am Superpwr (p40c) Am Superp pf (6) ... Am Superp 1st (6)... ¢ Am Util & Gn B vtc.. Am Yvette (25¢). . Anchor Post Fence Appalachian Gas. . Arcturus Rad Tube. Arkansas Nat Ga Arkans Nat Gas A. Ark N G cu pt (60c). Ark P& L pf (7)....1 Armstrong Cork (1) Assoc Elec Ind (30¢) As80 G&E] A(b2-25). Ass0G & Elct (8)... Ass0 G & Ell war, ... Asso Laundries vic. . 1'% 2% 214 2% 3% 100 15% Ldd 00. 18 17% 5 % 17258 90% 3 1% Sales— Open. High. Low. Close. | 28% 17% 16% 164 34 A 12% b R 8 7 ) 4 25% 258 9T% 27% 4 1% 25 36% 3 16 1 508 2 2 252 8 4% 10s 100 115 45 258 10 6 ~Prev. 1031~ High. Low. WASHINGTON, Received by Private Wire Direct te The Star Office <= PRICES DOUBTFUL Lake Shore Mines(2) Lakey Foundry..... Lefcourt Realty 1.60. Lefcourt Real pf (3), Leh Coal & Nav 1.20.. Leonard Oil. Libby McNeil & Lone Star Gas n 8 Long Island Lt (60c) 1 Long Isld Lt pf (7).. 3% Louisiana Lan & Ex. 6 McCord Radiator B.. MacMarr Stores (1).. Magdalena Synd. .. .. % Mapes Cons MIg(14) Mass Util Assoc. ... Mass Ut cv pf (2%) Mavis Bottling (A) Mead Johnson (15). Meuiph N Gas (60¢).. Mercantile Strs (1).. Merritt Chap & Scott Mid Sta Pet vic A 22¢ Mid Sta Pet vtc B Mid West Ut (b8% Mid W Sts Ut b10% Mid'1d Steel Prod(2 2 Mo-Kan Pipe Line i Mo-Kan Pipe L (B 6 Mohawk Hud 18t(7).525s Moore Corp Ltd (1)., & Mountain Prod (1).. 4 Nat American Co. Nat Bd & S Corp (1), 4 Nat Family Stor Nat Fuel Gas (1). 248 1% 4 19% 4% 6% 8% 17 5 22 1 1% H H erBunaBonm 60). Nat Pub Sv B (12.20) Nat Service Co...... Nat ShT Sec A $60¢. Nat Sugar N J (2) 4 Nat Transit (1) Newberry (JJ) 1.10., 15 Newberry JJ pf(7)..100s New Eng Pow pf (6), 10 New Eng T&T (8).. New Jers Zine (13) Newmont Mining. Newport Industrie: NYP&Ltpf (7). N Y Shipbuilding N Y Steam Cp (2.60. N Y Tel pf (63%) Stock and Bales— Dividend Rate. _Add 00. Open. High, 22 1% 4 1% 4 20 15 % % 9% 11, 30 17 1125 - 20 15 % 25% 15% 2% 52% 1 D. O. TUESDAY, SEPTEMBER 29, 1931 FUTURE OF SILVER 1% 44 Metal Dealers Believe, How- ever, That Trend Will Be Upward. % 9% Special Dispatch to The Star. NEW YORK, September 20.—A sharp difference of opinion exists here as to the outlook for silver and the possibility of its being used as a basis for money by countries that have de- serted the gold standard. Bankers, international, commercial 5 |and investment, believe ‘that Great Britain will return eventually to gold. 3 | Some go so far as to insist that most of the gold ear-marking here last week was for the account of the Bank of 1 | England, the gold purchases being made out of the proceeds of sales of British holdings of American securities here. Brokers’ Opinion. Many brokers, members of the Na- tional Metal Exchange and metal pro- | ducers, declared today they were willing to lay bets that silver over the next week will go higher before it will lower. International dealers in metals, however, are inc] to agree with Edgar Snow's summary of the silver situation, cabled yesterday from Shang- hai, point: out, however, that over the long period a gradual rise in silver prices is justified. Meanwhile the shares of silver mining compsnies on the various exchanges here have advanced and dealings in silver futures on the National Metal Exchange have reached record propor- tions t> the accompaniment of the higher guotations. “Basically, the flurry in silver,” re- 5y | marked an international broker, “is 21 21 Baltimore Markets Special Dispateh to The Star. BALTIMORE, Md., September 29.— Potatoes, 100 pounds, 80a1.20; sweet potatoes, bushel, 40a50; beans, bushel, 35a60; beets, per 100, 2.00a2.50; , bushel, 25a35; carrots, per 100, 3.00a4.00; corn, per dozen, 8al5; cucumbers, bushel, 1.00a1.25; eggplants, hamper, 40a50; lettuce, per crate, 25a FINANCIAL, INVESTMENT TRUSTS o 3.50; caulifiower, crate, 1.25a2.00; cel- | %] ery, crate, 1.15a1.75; lima beans, ham- per, 75a2.00; okra, bushel, 1.00a1.50;: peppers, , 25a35; onions, per 100 fi\lndl 175a2.00; spinach, “bushel, 60a stock, bushel, 50a60; apples, bushel, 40a 1.25; cantaloupes, crate, 1.10a1.75. Dairy Market. young, 22a27; horns, ; old hens, 18a26; Leghcl):‘m, old, roosters, 12a15; ducks, 13a20; pair, 15a20; guinea fowls, pair, v—m ts, 170 cases; current ; hennery whites, 28a30; rearby firsts, 23; Western firsts, 2: Butter—Good and fancy creamery, 30a35; ladles, 20a22; process, 23a24; store packed, 16. Live Stock Market. Cattle—Receipts, 150 head; lighter supply; market dull. Steers—Choice to prime, none; good to choice, 7.00a7.65; medium to good, 6.00a7.00; fair to medium, 5.5026.00; plain to fair, 5.00a5.50; common to Dllfit. 4.2505.00. .50; fair to fair, 3.25a3.50; common to , 3.00a3.25. Cows—Choice to prime, none; to choice, 4.2584.50; medium to good: 3.75a4.25; fair to medium, 3.25a4.75; plain to fair. 2.25a3.25; common to | plain, 1.50a2.25. Heifers—Chcice to prime. none; good to choice, 6.3926.25: medium to good, 5.7526.00; fair to medium, 5.25a5.75 plain to fair, 4.7585.25; common to plain, 4.00a4.75; fresh cows and sprin- tomatoes, hamper, 25a75; canners' | Basi Five-year Fixed Trust ixed Tr good | 1av Tr tember 20 o= September ). WHITNEY DEFENDS STOCK SHORT SALE Head of New York Exchange Believes Practice Is Boon to Finance. By the Associated Press. NEW YORK, September 20.—A fense of short selling as & boon finance, written by Richard Whitney, president of the New York Stock Ex- change, was made public today. Whitney's views are contained in & letter sent by HKim Montefiore b to S sons. “Thé owner of securities should not in his own interest disregard the very Forrd real service, which the short seller per- forms for him. As'far as short 18 Asso Tel Ut (b8%).. -4 Atl Fruit & Sugar. 3 Atlas Plywood. 3% Atlas Util Corp ) 5% AutoVM cv pr pt 50c. 7% | due to the decline in the pound ster- 13 | ling. The suspension of gold payments 3 | by Great Britain does not necessarily 4y | mean that she will go on a silver basis. 9 |It is possible Britain again may re- | turn to gold. % price for the pound sterling will stimulate Britain’s export 14 | trade, so will a lower price for the rupee 98 | stimulate India's export trade—that is, if the rupee is permitted to slide along 971 | With the pound sterling. “A gain in Indian exports means % silver purchases by that g9 | country, for it always takes its credits 13 | in the white metal. ‘No sharp advance, 1% however, in silver appears to be justi- sy | 7090 PEPRGIOES 57a58; cob 3.0023.25 per barrel a58; cob corn, 3.00a3.25 per barrel. 23% Warning to Traders. Oats—No. 2 white, domestic, spot, 4% | While New York has conducted pur- | 31232; No. 3, 30a31. 21% | chases and sales of silver with Shang-| Rye—Nearby, 40a45. ;- hal, it has had no dealings with Bom- Hay—Receipts, none. - New hay is 3% | bay for a week, since the latter's silver | starting to arrive in increasing quan- T 47% (mart was closed. Bombay has always titles, but so far no official grading has 4% | conducted its silver dealings on a ster- | heen attempted, selling being strictly | UBif P& 2% | ling basis. Now that both sterling and | on merit. Demand for old hay slow 1% | the rupee are off gold and there are d market is dull and quief with % | exchange restrictions, it 48 impossible | or) buyers' e 844 | 10 conduct direct silver gen [ FESS. B Tnuystel Dro S u Fanes 00 20% | this center and Bombay. : Or 2 “Don’t be of silver at J Straw—No. 1 wheat, 9.0029.50 per a |1 et afl’&“fl‘, ton; No. 1 oat, 9.00a10.00 per ton. day,” warned a member of the National New York Cotton “bet silver will reach 40 cents an ounce before it hits 20 cents an ounce.” Special Dispatch to The Star. & Power convertible preferred. On the suspension of mining opera- tions Glen Alden Coal opened down 2 points. = American Meter fell 15 points o dnofacturing. Hardly had. ne di- er Manufac T e di- annot regular common 9% Babcock & Wi (7)... fiml’ fl]v'l‘m :xhi;uma’pm‘: e | 13% Beneficial I L (1%).. net ers, 30.00260.00, Ne lambs—Receipts, 250 o ket steady. pply, market steady; | Of ifll{nbl' 3.5028.00. b Niag-Hud Pow ( Niag-Hud Pow A w. Niag-Hud Pow B Niag 8h Md (40c)... Niles-Bemt-Pond Nipissing. % Nor Am Av! Nor Central Texas North European Ofl. Nor Ind Pub S pf (6) Nor St Pow A (8). Nor St Pow pf (6) Novadel Agene (4) ORio Copper. . Ohio Ofl cu pf ( Oilstocks Ltd (A) Overseas Sec. .. Pac G & E 1st pf Pac G & E pf 1.37 Pac Western O! % Pan Am Airwa, Pandem O1l. . « Paramount Cab Mfg. 4 Parker Rust Pr (3).. Pennroad Corp (40c) Peoples L&PWr (A). Perryman Electric. . Petrol Corp was . Penn Wat & Pow (3) Phila Co new (11.40). Philip Morris Inc. Phoenix Secur Corp. 3 % L3 Phoenix S Cpf (3)... 20 Pitney Bowes (b4 %) Pittsburgh&LE(110) Pitts Plate Gl (2)... 6% Plymouth Of] (26¢c).. Premier Gold (12¢).. Prod Roalty (b10%). Propper McCallum. . Prudential Invest. .. Pub Util Hold war. Pub Util Hold xw.... Puget 8d P&L pf (5) Pure Oil pf (6)...... 62 Railroad Shares(40c) £ § % e ren. < % | CHICAGO, September 29.—Grain 13 | Prices turned downward early today, 1% | influenced by Liverpool reports of in- 2% | creased pressure to sell Canadian wheat 43 | 8broad and by cheaper Russian offer- 1| ings. Further declines in Wall Street 1 | securities were also a bearish factor. 6 Opening ;8% cent lower, wheat af-1 1114 | terward further. Corn started| 1% | 8t %a%, decline to 14 advance with new 115 | crop deliveries outdoing the season's 82 | low price record, but later kept near the 614 | initial range. 47 | , Russla was reported to have slashed her export: wheat prices 2% cents a bushel. There were also reports of stop 314 | loss selling by wheat holders at Liver- 1% { Pool, where the market today closed 431 [1%2-1% pence lower. Assertions by a 43% ?‘Llu!h authority that the full effect of PR BRume S #£5 medium, 5.7586.00; .50a5. heavies,” 5.5086.00, roughs, 3.75a4.65; Calves—Receipts, 50 head; light sup- | Sefest ply; market higher; calves, 4.00a10.50. | Selec Hay and Grain Prices. Shawmut Ban Spencer Trask ‘Wheat—No. 2 red Winter, exwl?, no “{:";g A quotations; No. 2 red Winter, garficky, spot, domestic, 48%: September deliv- ery, 48%; October, 487%. Corn—No. 2 yellow, domestic, spot, Super R Trustee Stand Inv Trustee Stand Tnv D. i BOOK 6% 9 Bliss Co(EW) (b8%) v i 1% Blue Ridge Corp. ... 20% Blue Ridge cv pf(a3) 7% Brazil Trac Lt&P(1) 3 Brill Corp A (34¢)... % Brill CorpB...... 8% Tam 501 actives appeared . cluding Fedders Manufacturing A, off 1; Grier Stores, off 4%; Moore Corpora~ tion, Ltd, off 5%, and Utflity Equities preferred, up 3. PARIS BOURSE PRICES, PARIS, September 29 (#).—Three per cent rentes, 83 francs 70 centimes. Five per cent loan, 100 francs. Excharge on London, 97 francs 871: centimes. ‘The dollar was quoted at| 25 francs 39)4 centimes. Pund. rs. -3 Brit Am 011 C (80c).. 8% Br A T cou B 1.17 4-5 985 Buff N& E P 1st (5). 24% ‘Buft N&FP pf (1.60). 18% Bulova cv pf (3%5).. 34% Burco, Inc, conv pf.. % Cable Radlo T vte e Y 1% 12 20 o EeN N S e o 434 CHICAGO, September 29 (#) (United States Department of Agricult Canadian. Marconi Carih Syndicate. Carnation Co (1% Cent Pub Sve A b5 % . GCent&Swn Ut (b7% ) Cent Stat E1 (b10%). Centrifug Pipe (§0c) adx DOMESTIC BONDS. o | Chain Store Devel... High. Low. Neon. § Alatama P 418 107 ‘,11_ o i Chain Stores Stock. . i 13 % Service (g30¢) A . 5 Amer El Pow 68 ‘v pf (6) 82 Amer G Cit SYP&L pt 1amer & 3 Amer B 5 9 n i a O RRERT & BONDS ON THE CURB MARKET. » Sales in walill aga FEEF TR NoS A D e P sows, medium 275-500 pounds 4.00a4.85; sla i, oo encice 100108 o, trade on fed steers and yearlings, with light baby beef kinds | very scarce -and strong; strictly good lfl‘dl h%hnue steers all representative weights, ; extreme top, 10. SALARY CUTS ORDERED. sz top, 10.15 for o P, e, e p A , September 29 (#).— | 10.00; mostly .00 market; other N, Ohlo, September 20 ().— | cjysses fully steady: siaughter cattie and Ten per cent salary cuts and reductlon | yegjers: Steers, gocd and choice, 600-900 from the 5!3-day to the 5-day week for | pounds, 8.00a10.25; 900-1,100 - pounds, all salaried employes was announced | 7.50a10.00: 1,101,300 today by Firestone Tire & Rubber Co.| 10:15: 1.300-1,500 Factory workers will continue on the| 4 00a7.75; off 1, and July, 6.77, off 2. 6-hour day and 4-day week schedule. |50 pounds, 7. medium, 3.00a STOCK AND BOND AVERAGES By the Associated Press. From Itflerdl s 5:30 Edition. @ 2 TREASURY CERTIFICATES. « ed by J. & W, Seligman & Co.) ity Bid. Toa1 193 ¥ SRR SRR *, 3% | Metal Exchange. One of the non- 70% | ferrous metal executives e: - 21 |almost similar sentiment, bel 6% | to * W Clev EI Tilurh (1.60) . . Cohn & Rosen Inc. .. P o TR Colts Pat Fire A 1% . i Mot :H %" Col Oil& Gas vtc.... e Columb Pictur ({75¢) an ing willing > H ! # | 32 3 L 78 o2 g ses! i e as Colum Pie v.t.c. f7bc. 5% Cmwlth Edison (3)..150s 156 Cmwlth & Sou war.. 116 k] Com Wat Sergi2¥e. 1 4% Consol Afreraft. . 13 Consol Auto Merch Consol Copper. ..... Con Gas Balto (3.60) 7 Cont Shares cv pf... 450s Cont Shares pf (B)..200s Cooper Bessemer 3 Cord Corp. : 41 Creole Petroleum 12 Cresson Consol (4¢). 1 Crocker Wheeler.... Crown Cent Petrol. .. Crown Cork Intl (A). Cuneo Press (23). .. Cueno Presspf (6%) Curtiss Wright war.. Cusi Mex Mining. Dayton Alr & Eng. Deere & Co. De Forest Ra. Derby O1l Refininj Detrolt Atreraft... 25 DressSRA (3%)... 11 Dresser Mfg B (2).. 9 Driver Harris new. 85 Duke Pow (5) 1% Duquesne Gas. 12 Durant Motors. ... 16% East G & F Assoc 4 “East Sta Pow (B) 1% East Util Inv A 6 . Edison Bros St( 2 Eisler Electrie. 2% o 11 £ B o 4 5% % 115 80 ar® e B8t 45 Grain Market 28 Ll i Tt & gdSsgsd>FogasdugiddgordndEat! i point decline, Wl the modera amount of trade buying faled to check. Commission houses were on both sides of the market in the distant positions. -Opening ‘were: October, 5.90, prices 2 3 off 5, December, 6.12, off 1; January, 6.22, off 2; March, 6.41, off 1; Ma; 2] {3 =- if» “5g g Eg zi 9905, ot e T B b s Republic Gas Corp. . Reybarn Co. . Reynolds Invest . Roan Antelope Min. . Rock Lt & P (90¢)... Roosevelt Field Inc.. Rossia Intl (10¢).... Rubberoid (4).. St Regls Paper (60). Salt Creek Pro(1.40). Schulte Real Estate. Sec Allied Corp (1).. Segal L & H (allc).. Selected Industries. . Sle Ind al ctfs(5%).. Slet Ind prior(5%).. Sentry Safety Cont.. o Shattuck Den Min. .. 24 Sheaffer(WA)P(13). 28 FORRRE 2 & i ot Sl Ze ¥ o, 22223 (4 wEE R e 28388 99 2 S 353258 ’3 528E8IERITTABBEIIRS ol i $ 3 2% RS » 8224282885322 0 o Bt pea RN IOR e e OE o * - a5=e o 3 SRRSE i 2 1 i1 T H H = H : i) s H 7 H e 3 1 ] 9 i St grade b ; good to choice natives, 6.25a = m of the gold standard had g v 00; few, 7.25; choice Westerns, un- en witnessed were apparently ignored. sold; range feeders, 5.00a5.25; fat ewes, 2 Corn price downturns resulted largely 1.0022.00; lambs, 90 pounds down, good Shenandoah Corp. . .. 2 2 |from favorable weather for field work. and choice, 6.35a7.50; medium, '5.00a Shenandoah Corp pf. 15 |and from increased boo 6.25; all weights, common, 3.7525.00; . Silica Gel etfs. 214 | 8rTive in Chicago. Besides, today’s re- ewes, 90-150 nds, medium to choice, Singer Mfg Co (116). 140 | ceipts here were liberal, 103 cars, com- 1.0082.50; all weights, cull Smith (A 0) (2) 74% | pared with 95 a week ago and 75 on mon, 50a1.50; Solar Refining. . 151 | the corresponding day last year., De- pounds, good S0 Am Gold & Plat, . 1 1 1 | cember corn, representing the new crop, 4 South Penn O1l (1).. 135'| fell at one stage to 35'% cents a bushel, SoCalEdpfA (1%). 281, | more than a full cent drop from the SoCalEdpfB (13%). 25% | opening quotations. Oats followed corn. go:&.émpfcafir z;u 'eh;ovulom advanced, owing to scat- o 33 ying, downturns in Southern Nat Gas. .. e, T DRt fu; oW % | values, Southld Royalty 20c. 4 Spleg May Stern pf.. 24 Stan@Oll of Ind( 1)... 19% RAIL ORDER PLACED. Stand Ofl of Ky 1.60. 15% Stand Ofl of O pf (5), 101 NEW YORK, September 29 (#)— Starrett Corp....... 2 2 | Chesapeske & Ohio Railroad has pur- Hurreucorp‘v( @). 7% | chased 45,000 tons cf steel rails, dis- g 2, Itributing the business smong Bethle- Strook & Co (84c). .. 4 Sttita MotorOa e ::r:“ummoh and Carnegle Steel com- Sun Invest pf (3). Fton Sunray Oll (b5%), .. T s . gfi:I NEW YORK BANK STOCKS Swift &Co (2)...... 3% Swift Internat’l (14). 4%) NEW YORK, September 29 (#).— Technicolor Inc..... Teck Hughes (80c) .. § |Over-the-counter market: o Banks, & & ¢ g g 5! 3] %e ol g ‘o 113 S8 mEEgs g 5k ...NJ_ O 8 K23 [ E 9555, .‘,Eau ot FErope, Q -} 4 . 5 & H Jalo] 5 ] nedaafa By the Associated Press. sount of air mail tranporied by Great amount maj it Britain during the second quarfer of 1031 was reported by the Department of Commerce. The total poundage dis- patched during the quarter was 27,996. Mcre mail was carried from England to India than to any other country. The traffic for European countries continued to grow, it was s2id, and showed an in- crease of 44 per cent as compared with the same period of last year. There was a slight decrease in the amount of par- cels carried by air to European destina- tions, the figures being 40,327 pounds in the period as against 43,200 in the cor- responding montbs of last year. Siiiee 490% Sod 8! i =E5a310 E ARy et pogussassrgay - S PEY 0, % Empire Corp..... 46% Emp G &F eu pf( 45% Emp G & F cu pf(8).150s 25 Empire Pwrpt(2.24) 1 14 Empire Pub8ve (AY. 2 18 Employ Reinsu 1180 1 20 Eureka Pipe L (4)... 508 % Burop Elec deb r 12 & Falcon Lead. .. 26 3~ Fedders Mfg Co 3 6% Fiatrets (34%¢) 7 4 Flintkote Co A. 2 94% Florida P & L p! 10% Ford M Can A (1.20) 22% Ford Mot Can B 1.20. 258 5% Ford Mot Frn 37%¢ 5% Ford Mot Ltd 36 3- % Foremost Dairy Pr 3% Foremost Fabries 2 Foundation For S| 1% Fox Iheater (A). 2% Gen Aviation, %, Gen Cable wal 4 GenE Ltd rcs 36 3-5c. 16 28% Gen G&E cv pf B(6).200s 2% GenTheat Eqevpf.. 6 6 Gilbert (A C) (1) 1 32 Gilbert (A C)pf 3% 1 Gleaner Comb Harv. 24 Glen Alden Coal (4). 6% Globe Underwr (15¢) % Golden Center...... & Goldfield Congol. ... 2} Goldman Sachs. ..., % Gold Seal Elec new.. 2 16 Graymur Corp (1)... 1 16 167% Gt At&P T nv (163%) 2408 177 Gt At&Pac Tea pf(7) 30s 119% SEEEE .=_§= H EEEey 9;.,": Swa S msanmalisntlnum > 353 e tE el P&l s B 47 ’?;v B 0% /a5 oot .. FenagEs CEp 151 358522 o % 100.8 - & ) *New 1931 low. (Copyright, 1931, Standard Statistics Co.) Fo 3o . 13 . 27 2, 22 5 i Texon Oil&Land (1). Thatcher Sec Corp. ., ...., gy womomtomisEac! o 2Fzae Bid. Asked. o Lt s Open Until 5:30 P.M. St.!fitember 30 and October 1 for Pay-day Depositors’ Convenience 25 NEIT Tri-Cont Corp war Tri Utilities pf. “Tubize Chatel. B Tung Sol Lamp(1) ... Un Gas of Canada(1) Union Tobacco <3 ?Qa S Sets Pt o Bona8S.am 22222232 R o3 arars R eRanndE nanosmmmm CEE Xt w, el & Unit Elec Sv (p1.41). Unit Founder: Unit Gas Corp. Unit Gas Corp war. Unit Gas pf (7). UnitLt& Pw A (1).. Unit L& PwrB(1),. Unit L & Pwr pf(8).. US Elec Pow ww.... U 8 Elec Pwr wars U SFoll (B) (50c)..: U S & Intl Secur. ... U S Inter Sec 1st pf. . U 8 & Overseas war. . 4 Unit Stores v.t.c..... Unit Verde Exten (1) Unit Wall Paper. ../, Utll P&Lt(at1.02%). Ut PAL B(at1.02%). Utll Pwr & Lt p£(7).. Util&Ind ..... Utll & Ind pf (1%) Utility Equities. . Util Equity pf(5% ). 150; Van Camp Pkg. . Venezuela Petrolm Vick Financial (30¢) 1 Walgreen Co. . Walker (H) (50c). Wayne Pump. .. Williams R C (70¢). . Wil-low Cafeterias. . Wil-low Cafepf (4). 1 Woolworth(FW)Ltd 41 Wright Har ($12%c¢) 30 “XY" Oll & G e RIGHTS—EXPIRE. PeopGL & C.Jan16 2 3% doliars based on last quarterly or semi-an- nusl *Ex dividend, tPartly extra. $Plus 4% s Payable in cash or stock. b Pay in 1% | dividend. fPlus 8% in stock. 1Plus 2% in stock. n scock. m Plus 3% 1n 29% | stock. n Plus 8% In siock. p Paid Iast year—no regular rate. 1 83Ssesesesesseay PP This Bank’s Ability to Give Service and Security —in fullest measure, under all condi- tions, is attested by over One Hundred and Seventeen Years of uninterrupted business. QOur facilities are adequate for every requirement of corporations, firms and ,individual business men and women— and Modest Checking Accounts re- ceive every attention. The First National Bank in the United States to be ted Trust Powers under the Federal Reserve Act. 16 W 17 3% W % 1% 1% 2914 i 260 1223 117 4% 3% Grier Stores........ 75% 38 Gulf Ollof Pa (134).. 187% 14 Hackmester Lind... 2315 8% Hazeltine Corp (1). 31 % Helena Rubenstein.. 32% 20 Hires (CE)A(2)... 4% Hollinger Gold(65c) . 34 Horn & Hard (234).. 2% Hudson Bay M& S.. 49% Humble Off (12%).. 10 HydroElec Sec(1.20) 8% Imp Oil of Can (50c) 14% Imp'l T GtB&I(1.12). 6 Indian Ter 1Hu Oil A. .12 Insull Inv (b6%)... 35% Ins Co ofNo Am t2% % Intercontinent Petn. 34 Int Cigar Mach (2%) 8i4" Int Petroleum (1). 15 Int Superp (11.10). FOREIGN EXCHANGE. (Quotations fy . B. S Yoid Seltie Sheks Vi, a5 u- 2 cuSul s LEREEES 3 Q0 * | London, . “poun Paris, frane d Brussels, Berlin, | Rome. Zurich, Athens, M B Interest Paid on Savings Accounts National Metropolitan Bank OLDEST NATIONAL BANK IN THE DISTRICT OF COLUMBIA 15th Street Opposite U. S. Treasury et O R T 0 e e B S b st e Oslo, crown. ‘Stocknolm, SHORT-TERM - SECURITIES. (Reported by J. & W. Seligman & Co.) Allls-Chalmers Co. 85 1937 e o0 American Chai American Tel. & % o a PSTTIIS! (RPN - i t o i vyar 10 ¢ 10 10 61 108% 10415 1043 59 1024 10213 10242 52 82 22 8: 4 s% gan, gegsse il Crownm Bom <qdde PO = azEe Sl it 4% Interstate Hosi + 160ts 10013 1642 5 Irving Air Chu . 68 68 08 1% Italian Superpow A.. A%, %N 2N % Itallan Superp war L 8s E 56101 101 100 12% Kiein (D E) Co (1) 1214 REIGN BONDS. 4 Kieinert Rubber. yin e B 7s 4 2 9t 8% Knott Corp (1).... H Thas, 4T A ) 3% Kolster-Br (Am 8h). 1% y 11 29 Lackawanna Sec (4) 2014 MONEY MARKET. NEW YORK, mber 20 () — Cell money heid at 1% per cont. the renewal rate, in the official marict to- |} day, but in'the outside market funds ‘were ®t 1% per cent, come pared with 1% per cent previously, * | Cleve. Lor. & Wheeling 3 100 Colorado & ‘So. Rwy. 4 5 Commercial o, 1% 1035 o1 Delaware & Hu . B 1035 991k Denver & Elo Grande 41,3 1030 13 General Beiroionin Gors. 55 1030 13 < § F? it Nashvill = s & 1 Philadelphia Bank Closed. FR R Go. Sias. 138 PHILADELPHIA, September 28 (P, | Rebubbie iron & —The Northern Central Trust Co. and | Sinclair Crude its five branch offices in various parts!st L. IM.S. Ry. R. & G. 4 umoa&wuocmm:%%lgfij 'Mcnl funds remained unchanged at ek -u::g'mneu remained quiet -ng.m:-“md and supply continued nt. Asking prices were unchanged. was & little activity in commer- Thne” Bones ey &, e, E ; g Capital, Surplus and Undivided Profits, Over $2,300,000.00 order of secretary of -"U“ partment of