Evening Star Newspaper, October 1, 1931, Page 15

DECLINE ON CURB 'EXCHANGE WIDENS Midwest and Canadian Sell- ing Drives Leading Issues Lower. BY JOHN A. CRONE. Speciel Dispatch to The Star. NEW YORK, October 1.—A steady | stream of liquidation flowing into the | Curb Exchange today, largely from the Midwest and from Canada, sent many pivotal shares to their lowest prices in two years. Around mid-dey Electric Bond & Share at 17% was off C.tles Serv- ice at 614 was down ';. Standard Oil of Indiana lost 2. Pennroad Corpora- | tion at 4 was at a new minimum de- spite the relative strength of the carrier shares on the big board. as a result of merger d'scussions involving the Easi- ern trunk lines. Pressure was directed first against the public utilities. causing such issues as American Gas & Electric, American Light & Traction, American Super~ power, Central Public_Service A, Com- monwealth Edison, Niagara Hudson, Niagara Shares, United Light & Power | A and Utilities Power & Light com- mon to move into new low territory for the bear market While the utilities ecmmon shares eased, the preferred power and light zaes broke violently. Cities Service | preferred BB lost 12 points. United Gas preferred yielded 3's points. Cities | Service Power & Light preferred de- clined 23, Meanwhile the ol downward_rapidly. Humble Oil, Inter- national Petroleum. South Penn Oil, Standard Oil of Kentucky and Stand- ard Oil of Indiana along with Indian Territory Illuminating B dipped into new minimum prices. Canadian liquidation brought down Newmont Mining. _Aluminum Co. of America was the first of the higher- priced industrials to go into new low territory. Great Atlantic & Pacific Tea and Singer Manufacturing during this pericd were somewhat firm, though A. O. Smith toppled about 9 points. Dresser Manufacturing A and B ‘were offered rather freely just before midday and so was Driver Harris, which | went to a_record low. Lone Star and | National Fuel Gas were the weakest issues in their division, which was rather quiet Woolworth, Ltd.. common made the‘ best showing in the British miscella- | neous industrials, though General Elec- tric, Ltd., for a time held up well. Ford Motor, Ltd., slid off as its London quo- | tation was reduced. Brazilian Traction | was relatively stead | New Jersey Zinc eased despite the shares moved | 4 in 100-share lots excent these designated by letter “5.” Stock es— Dividend Rate Add 06, Open. Hish. Low. 3:85. 7 6% 6% 6% 4% Acetol Prod A....... 1 Acme Steel (215).... 258 1M1 Adams Mill 1st pf(7) 1508 i 85 Aero Supply Mfg(A). 2 6 6 Aero Underwriters. . 4 Aftiliated Prod 1.60.. Agfa Ansco pf.. . Air Investors ev pf. . Allled Int Invev pf 2 Allied Mills Inc. Aluminum Co of Alum Goods (1.20).. 4 Aluminum Co Ltd Alum Ltd B war.’ Alum Ltd D war Am Arch Co (2). Am Austin Car Am British & Con Am Capital B. .. Am City P&L (A) a3 Am Cit P&L B b10%. Am Com P A (b10%) Am Corpn (f30¢). .Amcummxd B Am Equities. . Am For Pow war. Am Founders. ...... Am Gas & Elec ($1). 120 AmGas& EIpf (6).. 1 Am Hardware (4)... 108 Am Invest war. Am Invest Inc (B).. 4 Am Laundry Mch(2) 200s Am Lt & Trac 13%).826s Am Mfg Co pf (5)... 288 Am Maracatbo...... 12 Am St PuSv (al.60). 1 Am Superpwr (pi0c) 146 Am Superp 1st (§ Am Superp pf (6)... Am Utll & Gn B vte Am Yvette (25c). Amster Trading 74e Anchor Post Fence. Anglo Chil Nitrate.. Appalachian Gas. ArkP & L p! a Armstrong Cork (1).1508 Art Metal Wks (80¢) 5 & Assoc Elec Ind (30c) 19 Ass0 GRELA(b2-25). 41 Ass0 G & El war 5 Asso G&E all ct 1.60. Ass0 G & Elct (8). Asx0 G & E pur rti Asso Tel Ut (b8% Atl Coast Fish Atlas Plywood. Atlas Utl] Corp. ... Auto Voting Mach. AutoVM ev pr pt 50, « Aviation Securities Axton Fish To A 3.20 Babeock & Wi (7). Baumann (L)pf(7) Beneficial 1 1L, (1%5) Bliss Co(EW) (b8 % ) Blue Ridge Corp. ? Blue Ridge cv pf( . Borne-Scrymser. Brazil Trac L&F(i) 1 1768 2 3 Erill Corp B. Erit Am Ol C (86c) .. Br AT couB1.174-5 Brit AT rg 1.17 4-5 ~Prev. 1901, High. Low. Stock and 4 Dividend Rate 45 Interstate Hoslery.. 2 5 Irving Air Chute (1). 1% Italian Superpow A. 12% Klein (DE) Co (1).. % Kolster-Br (Am Sh). 29 Lackawanna Sec (4). 17% Lake Shore Mines 12. 65 Lane Bryant pf (7).. 4 Lefcourt Realty 1.80. 14%% Len Coal & Nav 1.20. # Leonard Oil. 613 Libby McNeil & L 84 Lone Star Gas n 88c. 17 Long Island Lt (60c) 4 102! Long Isld Lt pf (7)., |0I s Louisiana Lan & Ex. 4% MacMarr Stores (l ). 32% Il pes Cons Mft(N) Marconi IM(73 2-5¢). Mavis Bottling (A) 221 Mayflower Asso (2) 16 May Hos cum pf (4). 4 McCord Radiator B. . 85 Melville Shoe 15t (6). 25 514 Meuiph N Gas (60c). 20 Mercantile Strs (1). 17 Mesta Machine (2).. 15 Metal & Mining Inc 12 Met Chain Store: 113 Mid Sta Pet vte A 22¢ 8 Mid West Ut (b8%). 67% Mid W Utcvpfxw 6 914 Mid’ld Steel Prod(2), 1474 Midland Unit (b6%). 2% Mid Wst St Ut(b8%) 2 Mo-Kan Pipe Lin % Mo. Pipe L (B 4 Miss Riv Fuel bd rt 95% Mohawk Hud 1st(7). 58 Mohawk Hud 24 (7). 50s 3615 Mont Lt H&P (133). 258 12% Moody's 1 8 pt pf (3) 11% Moore Corp Ltd (1).. 1. Mosz Gold Mines '« Mountain & Gulf. 213_Mountain Prod (1) 14 Nat American Co 31a Nat Aviation. 28% Nat Bd & 8 Corp DPrpfA Gy tEl Pow A (1.30). 4 Nat Fuel Gas (1) 23 Nat Investors....... t Pub Sv A (1.60). t Pub 8v B (12.20) Pub 8v pf (7)... B0 Nat Rubber Mach. 15% Nat Screen Sv (2). e Nat Service Co...... Nat Sh T Sec A $60c. t St Corp war. ugar NJ (2) ransit (1) 1 Nat Unlon Radlo. ‘s Nauheim Phar. Nehl Corp (60¢). Neixon (Herman). Neptune Meter A ( 14'; Newmont Mlmng 2 Newport Indust 10 N Y Hamburg (2%). 9% N Y & Hond Ros (1). YP&LUpf (7)... 26s 5% 1% 12 1% 28% l% % 12 1% D. C. THURSDAY, OCTOBER 1 Bales— A‘“M.lh b' 2:58. B4 b% 5% 1% 12 ~Prev. 1931.~ High. Low. 4% % Stock and Dividend Rate Unit Gas p UnitLt & Pw A (1) Unit L & Pwr pf(6).. Unit Milk Prod of Unit Pub Servic V 8 Dairy (A) (6). U 8 Dairy (B) U 8 Elec Pow ww. U 8 & Int] Secur..... U S Inter Sec 1st pf.. Unit Stores v.t.c. Init Verde Exten (1) 4 Utah Metal & Tun. 2 Utah P & Lt pt (7) Utll P&Lt(at1.02%). Ut P&L B(at1.02%). Util Pwr & Lt pf(7) . 1008 Util&Ind ...... 6 Util & Ind pf (1%4) % Utllity Equities..... Ut Equity pf(5%).. 50 Venezuela Petrolm 94 34 104% 37 193 ~Prev, 1901~ Walgi 1 payment. *Ex ble in “cas) 3 b or l(‘;:::.ndl iy 1% III ok, Aile 4% i Stock and High. Dividend Rate 7 5 Vick Financial (30¢) 2 % 19% Waitt & Bond A(2).. n Walker (H) (50c)... Welch Gr Juice (12).150 West Auto SA (3)... 1 West Mass Co(2%).. 28s West Pwr pf (7) 508 Williams R C (70, Wil-low Cafeteri Wilson Jones. Woolworth (FW) Lid m Wright Har (t12%¢) 15 Ol & Gi . . 10 RIGHTS—EXPIRE. PeopG L & C.Jan1s 1 2% Dividend rates in doliars based dividend. 1 2 ‘Walgreen Co war. 1 6 s stock, ot oy Balos— Add 00. Open. Co. n last quarterly or st telus 4% dn eiock: stock. e Adjustment ‘ W% in_stock. B Blu in \x us 0% " 10 stock. m Pl ast JeATr—no regular rate. semi-an- stock. Vs Plus STOCK AND BOND AVERAGES By the Associated Press. From Yestercay's 5:30 Edition. STOCKS. 50 Industrials. High. 1929, Low, 1929. Two years age.. ‘Three years ago. High, 1931.... 31 , 1929. wees * New 1931 low. 20 Utilities. 1 (Copyright, 1931, Btandard Statistics Co.) Grain Market By the Associated Press CHICAGO, October 1.— Steadiness characterized grain prices early today. | 000,000; Missouri, 172,000,000; South | Dakota, 26,000,000 Nebraska, 171,000,- |000; Kansas, 113,000,000; Kentucky, 91,000,000; Tennessee, 80,000,000; Okla« | homa, 51,000,000, and Texas, 115.000. | Oats ' quality was reported as below normal in nearly all States. Provisions responded to upturns in hog values. October unofficial domestic crop esti- | mates were not immediately avallable, | NEW YORK BANK STOCKS NEW YORK, October 1 (A).—Over- the-counter market: Trust Companies. America Ehaicen Lommrrrul Nati© Eirst Nail Shat Ca- NatlEies .. Public ELECTRICITY OUTPUT. NEW YORK, October 1 (#)—Pro- duction of electricity in the United States for the week ended September 26 totaled 1,660.204,000 kilowatt hours, a decrease of 3.2 per cent from the like week of 1930, the National Electric | Light Association reports. ‘The decline was slightly less th: the preceding | week, which showed a drop of 3.4 per | cent from a year ago. e e Bank Fails to Open. WAYNE, Pa. October 1 (#).—The Main Line National Bank of Wayne failed to open its doors today. A no- tice signed by the president of the in- | stitution stated that due to withdrawal of deposits the controller of the cur- rency had been asked to take over the institution. Belglum expects a bumper cereal crop this year. TOBACCD MARKETS MAY CLOSE DOWN " Virginia Growers Dissatisfied With Low Prices Received for Their Crops. Special Dispatch to The Star. DANVILLE, Va, October 1.—Dan- ville warehousemen were called upon to close their warenouses in resolutions adopted yesterday at a mass meeting of tobacco growers at Chatham. Farmers were also urged to keep their tobacco in the barns. The resolution demanded that warehouses be closed from Octo- ber 6 until October 19 in the hope that the world financial situation might be- | come more stabilized by ihat time. Many of the almost 200 who at- tended the meeting were large land owners. The meeting was called by | growers following disappointment_over opening prices paid for tobacco. While morning estimates by warehousemen in- dicated an exceedingly low avera prices improved during the afternoon |and the day's average was $7.37 per 100 pounds. The South Boston market was also asked to close at the meeting yester- day and it was the sense of the meet- ing that co-ordinated action be taken by adjoining tobacco counties. The | meeting was without spectacular fea- tures and an air of seriousness pre- vailed. Few of the farmers present had any set plan ready to remedy the situ- ation, but a committee on resolutions was appointed which resulted in the re- quest to close the warehouses and urging farmers to kecp their tcbacco under barn roofs rather than to let it go for what was characterized ridicu- { lously low prices. Little tobacco was brought into Danville yesterday, most of the leaf on the floors having gone over from the opening day, when sales blocked. Prices were reported a shade higher yesterday. Another mass meeting of farmers will be held Tuesday, it was said by leaders, when & “‘more definite program | will be outitned.” POTATO MARXET. CHICAGO, October 1 (&) (United States Department of Agriculture).— Potatoes—Receipts, 98 cars; on track, | 205 cars: total United States shipments, 128; barely steady: trading just fair; sacked per hundredweight. Wisconsin cobblers, 80a90, few 95; Minnesota cob- blers, 80a85, few 95. Minnesota North Dakota Red River Ohios, 90a95; Idaho Russets, No. 1, 1.50a1.65; fancy, higher; No. 2, 1.00a1.05; few 1.10. CHATHAM PHENIX NATIONAL BANK & TRUST COMPA and Liverpool reported that large de- | declaration of the T i egular common liveries of wheat there had gone into | * Shipbi Cp. quarterly dividend. Payment of the X Branmmtn Xs0n 1 Y Steam Cp (2.60). 1 New York Cotton regular common quarterly by Indiana e Line was without market effect. Trading in the forenoon was more active than usual, sales amounting to 400,000 shares. The market nuckenrd its pace in the early afternoon and, the absence of offerings, the undenone ‘was a trifie firmer. PARIS BOURSE PRICES. PARIS. October 1 (#).—Three per eent rentes, 83 francs 65 centimes; § per cent loan, 100 francs 59 centimes. Exchange on London, 100 francs 1215 centimes. The dollar was quoted at 25 francs 39 centimes. BONDS ON THE CURB MARKET. — Bales DOMESTIC BONDS. in thousands High. Low. Noon. | 1 Alabama in ‘( ‘88 9 EL) 83 3% @ b} 8 Amer E| Pow 654 ‘37 30 49% 23 Amer G & F 5a 2038 i 15 Amq o, L 843, 6 Appalach s ‘45 2 24’5 6 Appalac GIA fl: B 45 1Arkans P & L | 58 A 3 3 Beil Tel Can 54 B 12Can Nat Ry 4ias 3 Cleve Elec Tilu 3 Eieve BT 36 A 541 10 Con G Bal 47y; 3 Con Gas'telt B A 22 Consum Pow 4! 3 ! ¢ Duauetne Gas 8¢ 43 Ediv EI Boston 55 - & 3 Federal Wat 3',‘ 54 § Plorida P g i 7 Gatineau Pow 2 15 Koppers G & C, 5: 13 Kopper G&C 5 1Kresge 85 o 3 Lehigh P S 65 2026 3 Tong Tsiand L1 88 usm‘ a P & L 55 '57 Hanover Pro i 10 1Al Sin Pov 8s°A 3 ansneld Nas tinnes it wa n-,—' thout” warrants. ew. wi—When {ssued, 2,‘ Horn & Hard (2%3).. PAENAE Bt (5 Burco, Ine, conv pf .. Burma rets 127 3-5¢.. Cable Radio T vte Canadian Marconi. Carib Syndicate Carnation Co (J1%). Cent Pub Sve A b5%. Cent Pub Sv Del. Cent&Swn Ut (b7 %) Cent Stat Bl (b10%). Centrifug Pipe (60c) Chain Stores Stock. . Charis Corp (13) . Cities Service (g30c) 245 Cities Serv pf (8) Cit Sv pt BB ( Cit8v P& Lt (1) CitSvP &L pf (6) Ci de Neon Lts Ine. Clev Ei Illum (1.60). i Clev El Iilum pf (6). 2%, Cleveland Tractor. Colombia Syndicate.. Col Oil& Gas vic. Columb Pictur ({7 Colum Pic v.t.c. f75¢ i Cmwith Edison (8) . 850 Cmwlth & Sou war. Com Wat Ser g1214¢, o €0) 7 Consol Gas Ut Bvte. 1 Contl GRE prpf (7). 1508 Cont Sharescv pf... 850s Cooper Bessemer. Cooper Bess pf (A).. Cord Corp.soecesose Corp Sec Ch (b6%).. Cour'ulds Ltd 13 3-5¢ Creole Petroleum Cresson Consol (4 Crocker Wheeler. . .. Crown Cork Intl (A) Cumberland P L (2). B0, Cusi Mex Mining.... Darby Petroleum Davenport Hos Dayton Air & Eng Deere & Co...... De Forest Radio. .... Derby Oil Refining. Detroit Alreraft. B DressSRA (3%).00 Dresser Mfg B (2)... Driver Harris new. ., Dubilier Cond & Rad. Duke Pow (5). 2 4+ Duquesne Ga. Durant Motors gle Picher Lead. . st G & F Assoc. .. &T As prpf(4%). !5- Elec Pow Assoc A (1) Elec P & Lt op war. 32 Blec Products of Col, El Shareholdg (b6 % ) Elec Sharhldg pf(a6) Empire Corp........ EmpG &F cu 91(7) 100: Empire Pwr pt(2.24) 4 Empire Pub Sve (A). Employ Reinsu 11.80 Europ Elec deb rts. Fandango Corp. Federal Baking Shop Federated Metal Fiat rets (343:c). Flintkote COA. ... Florida P & L pf (7). Ford M Ford Mot Frn 37 Ford Mot Ltd 36 3-5 Foundation For Shs Fox Theater (A). Gen Aviation.\ GenE Ltd res 38 3-5c. Gen Empire (1)... Gen G&E cv pt B(6). 150- Gen Theat Eq cv pf.. Georgia Pw pf (6) . Glen Alden Coal (4). Globs Underwr (15¢) Golden State Co Ltd. & Goldman Sachs. . Gold Seal Elec new rham Inc pf.... Graymur Corp (1). . Gt At&P T nv (16% ) 1908 Gt At&Pac Tea pf(1) 105 Grier Stores. Groe Strs Prod vic. Guif Ofl of Pa (134). Hackmester Lind Hamilton Gas v.t Hazeltine Corp (1).. Heyden Chem (2)... 5 Hires (CE) A (2). Hollinger Gold(65¢c). EISTSI= RPN FOROTS -9 I @ 3 wha S8 afonn Hudson Bay M& 8. Humble Of (+215).. HydroElee Sec(1.20) Hygrade Food Prod. Imp O11 of Can (50¢) Imp O Can reg (50¢). Indfana Pipe Line(1) Indian Ter Hu Ofl A Ind Ter Ilu Oil B. Insull Inv (b8%)... Ins Co ofNo Am 12% insuranee Sec (40¢). 4« Intercontinent Pet n Int Petroleum (1)... nt Superpwr(11.10). Int Utilities(A) (3%) Int Utilities B...... Interstats Equities Inter Equevpf (3).. 131 Singer Mfg Co (116). 5! Y Tel pf (6%)....176s Y Transit (i80¢). 1 Niag-Hud Pow uo:y 207 ag Sh Md (40c) . agara Sh Md war. ipissing. .. rp Chile B s NoAmL &P (b8%).100s NoAm L & P pf (6). 258 Nor& So Am Corp A. 3 North European Oil. 2 Nor Ind Pnhbpl(n 58 Nor St Pow pf (). St Pow pf (7). 14 Ohio Copper 2% Outboard Mot A. 1'a Outboard Motor B. .. 25 PacG&EIstpf1y, i Pac G &Epf 137 4 Pat Western Oil. Pan Am Alrways.... 2' Paramount Cab Mfg. 19% Parke Davis (11.65). 3 42 Parker Rust Pr (3).. 50 1815 Peninsula Tel (1.40). 414 Pennroad Corp (40c) 4. 8 Penn Mex Fuel(75c). 48% Penn Wat & Pow (1) 114 Peoples L&Pwr (A). 59% Pepperell Mg (§) * Perryman Electric.. 88 Pet Mllk pt (7) 1% Petrol Corp war..... 2015 Phila Co new (11.40). ’2 Philip Morris Inc. % Phoenix Secur Corp. 1474 Phoenix S C pf (3) 31, Pilot Rad Tube A.... 3 Pitney Bowes (b4%) 1 70 Pittsburgh&LE(t10) 50 21 Pitts Plate Gl (2)... 6% Plymouth Oll (25¢).. 28% Pratt & Lambert (3) % Premier Gold (12¢).. 4’ Prudential Invest... # Pub Util Hold war 1 Pub Util Hold xw. 5915 Pure Ofl pt (6)...... 3 Pyrene Mfg Co (40c) 115% Quaker Oats p( (U 2 Quincy M1 20 Rowy &Lt Secur "(13) 150m 1'; Raytheon Mfg.. 13 Reiter-Foster....o.. 2% Reliance Manag..... 1% Reliance IntA...... 3% Republic Gas Corp. . s Revynolds Invest. 114 Richfield Oil Cal pf.. 215 Rich Rad cum pf.. 3 Roan Antelope Min.. 11% Rock Lt & P (30¢) 1% Rossia Intl (10¢). 31% Rubberoid (4). 18 Ryerson (J T) (1. 20) 26 Safety Car Heat & L. 6% St Regls Paper (80). 4 Salt Creek Pro(1.40). 1% Seaboard Util.(28¢c). 6% Sec Allied Corp (1).. 15 Secu Corp Gen (40c). 3% Seal L & H (as0c).. 1 Selected Industri 4214 SleIndalctfs(53%).. ct Ind prior oo ntry Safety Cont.. ton Leather (1). .. Shawin W&Pwr (2). 115 Shenandoah Corp. 1315 Shenandoah Corp pf. 2 Silica Gel ctfs, BTN S e A 3908 s b0 % Sisto Finance Corp 65 Smith (A 0) (2). 3% Solar Refining. 12% South Penn Oil (1 28'% SoCalEdpf A (1 25 SoCslEdpfB (1 28% Rou Cal Ed pf C(1 uth Col Pwr A o s 8% Southld Royalty 13 Spieg May Stern pf.. 18'4 Stand Ofl of Ind( 1 5 Stand Oll of Ky 1.60. Stand Oil Ohio (2 2» ) 85 Stand P &L pf (1) 85'% it!lnlA)lCo PLeY. l 2 Stinnes (Hugo)..... 8115 Sun Invest pf (3). 1 Sunray Ofl (b5%) 2215 Swift& Co (2).. 28 Swift Internat'l (14). 4 Syracuse W Mach B, 4 Taggart Corp . 80 Tampa Electric . 314 Technicolor Inc..... 4 Teck Hughes (60c).. 2% Thatcher Sec Corp. 13 Tob Prod Exp (10c). 30 Todd Shipyard (4).. 3% Trans Air Trans. 1% Trans Lux DL PS.. % 'Tri-Utilities. 113 Tri Utilities pf. 3 Tubize Chatel. B. 5% Tung Sol Lamp(1) 21% Ungerieider FinCp.. 11 Unfon Am Invest.... 6 Un Gasof Canada(1) 4% Unit Corp war. . 1% Unit Dry Docks. 2 Unit Foundere, . 3% Unit Gas Corp. % - ooy Sc EounwanSRomanbBan nenwensaone 3B auTonnnnmtnd m T nsmmmn e 8. strong hands. ‘ Opening unchanged to ’: cent off, wheat lturwua held near the initial figures. Corn started at !s declinc to | l" advance and later fluctuated but| ittle. Reductions both in estimates of Soring wheat and corn crop yields, as | campared with a month ago, were shown when the monthly private re. ports from Chicago statisticians ap- | peared. The forecasts of United States 1931 Spring wheat production aver- | aged 113,000,000 bushels, compared with 115,000,000 unofficially predicted a month ago. Corn estimates aver- aged 2,681,000,000 bushels against last month’s expectant of 2733, 000000 ‘The new figures were about as had generally been looked for, and they failed to furnish traders with incengive for any decided stand either to buy or to sell. ‘The United States 1931 8pring wheat" | Speetat Dispaten to The Bt We recommend the purchase of this outstanding bank stock at present market for investment, with | NEW YORK, October 1—Cotton prices at the opening of the market to- | day were unchanged to 3 points lower, | In october the price was firm, because of short covering and cautious buying movement by trade operators. In more distant positions the shorts extended | their lines. Opening prices were: October. 5.82, unchanged; December, 6.00, off 2: Jan- uary, 6.10, off 2; March, 6.28, off 2; May, 6.46, off a and July, 6.64, off 3. | TBEASUBY CERTIFICATES. eported by J. gman & Co) ‘ (R d by J. & W. Seli & C Rate—Maturity Bid 17a8 Dec. 15, 10 100 4327 100 s ‘:- M 138 Dec. ’11.. Sept 18 yield, unofficially regorted as 6.1 bushels | an acre, was declared to be the smallest on record, approaching nearer to a failure than ever before known. About | 85 per cent of corn was estimated to | be of merchantable quality, compared with 79 per cent a year ago and 10- year average of 81 per cent. Corn pro- duction totals in the leading States were: Ohio, 161,000,000 bushels; In- diana, 178,000,000; Illinois, 339,000,000; | Michigan, 45,00,000; Wisconsin, 66,000,- 000; Minnesota, 121,000,000; Iowe, 383.- INVESTMENT TRUSTS NEW YORK. October 1 (#).—Over- the-counter market: ABQTrshD. A, Bid. Asked. 3t pos Depos Ins Shrs Diversified Tr A A Granger ‘Trade Gude Winmill T Incorp Investors . Incorp Invest Equit Independ Tr' Shrs Int Bec Corp Am A Sec s of Indust ""“ ¥ Indust C PP raeroaes b d Trusteed Am Bk Twentieth Cent PFixed Tr gy ; -l irs 1-70th oited Ins § 'n Vnn-u Uk } Charter Member New York Clearing House Association Member Federal Reserve Bank Designated Depositary U. S. Government high return and appreciation of principal over the next few vears, 1 High Low Prz-pm Pnrc. 381%; Yield, 107 Booklet: “119 Years with M d on Request WAseamaN, BRAWNER & Co. INCORPORATED Investment Bankers 1700 Eye St. N.W. 1931 Chatham Phenix” Me. 3860 National in Name National in Scope Founded in 1812, Chatham Phenix today has close connections of long standing with banks and busi- ness firms throughout the nation and the m;rld, including more than 10,000 correspondents cover- ing every country where banking is done. Through its officers drawn from many sections every phase of business. of the nation and through its 16 complete banking offices located at the main cross roads of New York trade, Chatham Phenix is in touch with every line, Those who require New York facilities will find that Chatham Phenix is thoroughly equipped to handle every form of national and international banking transaction. CHATHAM CHATHAM PHENIX NATIONAL BANK AND TRUST COMPANY Main Office: 149 Broadway, New York City Capital, Surplus and Undivided Profits over $30,000,000