Evening Star Newspaper, July 11, 1932, Page 14

A—14 *¥* FINANCIAL. THE EVENING STAR. WASHINGTON, D. €. MONDAY, JULY 11. 1932, FINANCIAL. WASHNGTONSTOCK, | NEW YORK STOCK EXCHANGE | (STOCKSAREFRM | Bank Stocks Slightly Higher in June ~Prev.1932— Stock and Sales— Net. 3 A 2 v . High. Low. Clode. Chge. | 9%, 3' IntNickel of Can. o Hish. Low. Dividend Rate. Add 00. Higl w. Clode. e T = A 5 ' 1, >wr & Paper. 5 % % % -4 :t. 1% fi.‘;:".'n";{:rxfrm.".“ 1.2 2 2t Zaal 213 14 Int Paper & Pwr (A). [ 2 b . Power Company Isstes Fea-| s0m 12 Adams Millis (2) 14% 14 14% + %] 44% 204 IntShoe (3).. oo 2 Zg» 214 + % Short Covermg Appears i - Tt Int Silver..... 9% +1% 315 14 Adv Rumley o 1% 1% 2k =T o . 1 A P .60, .. 9 5% + % 12% 2% Int Tele & Teleg 3% 4 AVERACES SHOWN | turg Trading—Richmond | i bt Al iieancrioncii: 5 33w 11| _18 104 Island Creek Con 12 12 +1 | When Market Turns Dull [ 16% Alaska Juneau (50c). b 25'%s 10 Johns-Manville.... B 10% 11% R t. The FOLLOw NG STOCRS - ™ H H Y A hany Cor . % 84 30 Jones & Laugh pf(4), T SN S———— Scores Savings Gain, s o AR OO R 1iE ek Ae dcki2 | R0 JonesSTavEbRr(l) B0 e on Reaction. DiE| e 19 Allied Chem pf (7)... 105' o Kb sor () & Go. . sl D S 13% Allis-Chalmers M| 2 s 4% 2% IKelly Spring Tire, - o . ek BY GEORGE T. HUGHES. BY EDWARD C. STONE. i AmAsionmnme: - i Kelsev-Hayes Wheel, Special Dispatch to The Star. j ady on the Washing-| 7s:c 293 Am Can Co (15)..r.. 3% 10% Kelvinator Corp Bl on. 8 NEW YORK, July 11.—A brief period ge when the week'™; ‘gu' “2i0 Am Car & Foundr A 13 4% Kennecott Copper. | of weakness at the opening of today's 5 1 Kresge Dept Stores 2 stock market was soon overcome and trading ay. The first sales | Am Gar & Fdy pf (7). 140 18 S 3 were in Potomac Eloctric Power 6 per i e - aos 19 6% Kresse (SS) Co (1) u | succeeded by a rally which left prices | ; | cent preferred. which changed hands at Am & Foreign Pwr. .. 2 SARIINO L Eagen 6 roeely. (1D % | substantially higher at the close. The same corporation’s 5'2 per Am Home Prod % 56% 25 LambertCo (15)%..., 9 4 The recovery was led by the specula- ured in a small sale at 103. Am Ice (2) x 18 5 Lehigh Valley RR. tive favorite, Auburn Auto. with a gain | Am International 3 46% 30'3 Lehman Corp (2.40) ., 2 which at one time amounted to almost | 2ppeared on the board three times, seil- Am Mach&Fdy(80c). 3 R 3% Libbey Owens Glas: 4| 10 points. ing at 77';. The only bond sale W Am Meta) Co.... 597 32 Liggett & Myers( ! E For reasons best known to themselves on Gas Light 6s. a baby 3 AmPwr&Lt (). 61% shorts were leisurely taking in contracts After recovering 20 per cent In three days from the May 31 bear market low, New York City bank stocks turned ales were Am Pwr & Lt pf (6). ] 22 Liquid Carbonie (2) 2 all day. The covering had the lcast downward the second week of June, Hoit, Rose & Troster report in their monthly compilation. According to the firm's stock. the AmP&LtprA 3 34 134 Loew's, Inc (14) L 5 effect in the case of American Tele- | weighted averages, 17 stocks closed June 30, at 3357, compared with May 31 bear market low of 31.34 and June 4, bid and 8 asked. Am Radiator,. ... 4% 1%y Loft Inc = 2 12 4 phone and Coca Cola, although they, | month’s high, of 38.57. Despite the declining trend, several stocks showed improvement in price for the month. Am Rolling 3 16% Lorillard (P) (1 o | too, improved to an extent. It was most | First National showed a net gain of 50 points and Bankers and Corn Exchange al<o closed higher Am s 7 1% 1% Louisiana Oil. 2 | noticeable in J. I Case, in Air Reduc- Affected by generally lower security markets and further dividend cuts and ommissions on stocks held in their ate that Am R = 3 29 25 . uisville & Nash e 8 tion and in some of the rails. Mean- portfolios, insurance companies’ stocks closed lower in June, Hoit, Rose & Troster report in their monthly compilatio; cased more Am Smelt & R 2d pf.. P B while, buying went on in the sugars, the | After appreciating from the May 31 bear market low of 13.35 to 17.95 on June 4, the weighted average of 20 insurance siX montas. Am et pf (6). .. 5 5 packing stocks, the local tractions and | stocks dec ined to & low for the month of 14.01 on June 28. The market closed June 30 slightly better at 14.17 that all deposits % 3 cel Foundry. « 3 3 3 the oils. per cent in the same i : 14 Of the influences that might be ex- n the bank calls cf | 5 Am Sugar pf (7). ..., pected to affect prices, the linking up CORPORATION “‘(‘:‘;;I:f’é‘l’f‘frfis, :f ffi‘:“:éox;‘;gfxgg:d'consUMER MUST PAY 1 5 Am Tel 9).. 381 E Madison 8q € of the Lausanne agreement with the :Muv 31 was $1,252,744. ank reports 4 Am Tobacco (76) . 5 9 2 Manhat Elev mod gtd debts due from the European powers to . B nted in the fifth AmTobacco B (16) .- 229 27 210 61 Marine Midld (80c).. . America was decidedly adverse. Were EPORTS s o S Lt TAX ON ELECTR'CITY c it not for the way in which foreign R e M:y ST D4 it cent; ok it beie ot the sec 514 Am Tobacco pe (6).. Melville Shoe (1.20). 1 trade in several Am Type Fdrs pf 10s 13 3 3 Minn Moline Pow. ... dollar bonds responded last week to the 7.7 per cent, | signing of the agreement between Ger L - | was Am Water Wks (2 2 2+ Minn Moline P pf.. ! many and her former enemies, it might | | TRENDS AND PROSPECTS OF | | | THE FPOLLOVIG STOTPS COMPRST WT RIS T Internal Revenue Bureau Rules n ring June. Am Wat W 1st p£(6). Mo Kan & Texa ions are improved slight- . Am Woolen....... 2 % 31, Mo Kan & Texas pf. be claimed that the indifference dis- LEADING ORGANIZATION mption of operations Am Woolen pf... 26 21, Missouri Pacific pf. ections. Indus- 2 Am Writ Paper pf. 2 24 W Monsanto Chem 1% shoes and rayon. Anaconda Copper Montgomery Ward. the lowest level 3 Anaconda Wire&C.. 5 5 5 Mother Lode cts report con- ‘Armour of Del pf(7). 9% 21% Miirray Gorp et e Armour of 111 (A) Armour of 111 (B) Armourot 11i pt Atch Topeka & § Fe . Atchison pt (5). Atlantie Coz Atlantic Refining (1), h { Auburn Auto (f4).... E Nat Pur &1t ¢ Credit Conditions Better. 5 Austin-Nichols A (1) 60 2 2 o nprovement through the Aviation Corp (Del) 3 Nevada Cori Goppir year in Latin | %28 S Baldwin Loco pl : 1 v 1% Newton Steel. credit condi- 38, Baltimore & Ohio. \ Y Central. urrent analysis Baltimore & Ohfo pf.. . v erchange Bu- : Barnsdall Corp...... | 1 G 2 N H & Ha Association_of Beech Pk (3).. N Y Steam pf (6) . tions. Im- Belding-Hemingw Noranda Min Bendix Aviation 9 ar % 40— Norfolk Bethlehem Steel 5 9 r 57 Norfolk Bethlehem Stlpf (7). 2 North Am Aviation. . Bohn Alumn & Bras: 51, 31 Nor Amer(b10%stk), Borden 2). 2: 2 North Amer pf (2 y due < 3 2 North Am ship- i S 3 2 51 Northern I ble to take | layed by stocks had forecast just this w = P | That Corporations Will N ot Howerer (hat. s b ashington Produce| | D . ouke the foreign news and its Washington | NEW YORK, July 11.—The follow. | Allowed to Absorb Levy. reactions were against the stock mar- ing is today's summary of impcrta: ket. . s & et corperation news prCKsrv-dybkaxana d Butter—One-pound prints, 93 score, e On the other hand, a decidedly favor- Statistics Co., Inc., New York, for the o1 Scone ey, = — able impression was made by the con- | Associated Press. 21; 92 scor a 20; standards, 19. Tub, 93 E E. DOYING. tinuing stability in commodity prices 3 score, 20; 92 score, 19; standards, 18. es, whether privately or generally and the advances in a few Food Products. Eggs — Hennery, 15a16; current re- municipally owned, may not absorb the specific commedities. There was no en-| Continental Baking preferred share ceipts, 13a14; Western, fre<” . 14al5, new 3 per cent Feder: : ; : 5 High. 125" wee : s j Usths \ als. e ral tax on do- couragement from industrial sources. |earnings, 25 Weeks ended June 18 - poitetopiel oo The result in the early tra was a $3.11 vs. $3.91 in 25 weeks ended June oultry, alive—Turkey Leas, 12; toms, | mestic and commercial power, it was narrow and indecisive price movement 20, 1931. 10; crocked breasts, 10; Spring broil- | made known here today by the Burea At the start and for a half hour or ers, Plymouth Rocks, 2! pounds ana of Internal Revenue. 2 c - Investment Trusts. | . so the market was weak. American over, 19a21; 2!, pounds and under, 16a| The law requires that the tax shall Telephone & Telegraph dropped down | United States & Foreign Securities L 1o 2 d below 70 @ share for ihe first time liquidating value, June 30, 1932, 6766 | 18; Rhode Island Reds, 15a'7; mixed D e o omimE dnd ecllected and new lows were recorded by Coca A first preferred ‘share, vs. $107.64, De- | colors, 14a16; Leghorns, 14a 6 hens, e ven it Cola, Public Service of New Jersey and cember 31, 1931, colored, 13a15; Leghorns, 12; r osters, 8 mrIn‘v“»\Tmxlxx"\hffyx‘;é‘qz‘v\mu)e{}o\’:v'vmw— Union Pacific, United States & International Secur j, dressed—Turkeys, hens, 15; | eral parts of the country to induce pric Very little stock came out on the Hes liquidating value. June 30, 1932 to ; crocked breasts, Spring | vate utilitles to lower their rate reaction and before the session was an $35.14 A first preferred share, vs. $60.41 br th Rock: Pounds | effect. by absorbing the Federal tax, and hour old short covering made its ap- December 31, 1931. 8 2 2!; pounds and under. on the part of numerous municipal pearance, centering fir ths rails, Machinery. . e - u‘l Reds, 18a20; n:lxxed plants voluntarily lieve their con- but afterward spreading to the indus- 3 s . #ghorn: £g- sumers of the new burden | trials. ~All the early loss was recovered | ggmns o got oo i e o by osters, 11: Long Island The bureau bases its ruling upon the |save in a few sto nd ‘the Tnarket] it oo (o Lo st x . colored. 16a18 _ language of the revenue act, which pro- . by midday was ranging higher on the jomne one Mg, deferred action I« a5 13; lamb. 17: vides that the tax for electrical energy | BKlyn-Man Tr pf (6) day. on semi-annual dividend on preferred e smoked furnished is “to be paid by the person to customers | ok . = . B e L e Breered ; com- paying for such electrical energy and o obtain exchange i ynd ‘J"”"“»l» oo 3 r 2 .;m;u;" f“’ 0 PR to be collected by the vendor.” emittances. In some ;ix:i‘;:Ax%';'r:;"q."s";;).' 33y 383% 33y 4 s S 2 INDUSTRIAL MACHINERY | LS : L 30a60: canta- Th\t::u]n}g nullifies recent opinions by technical scttlements of e ( —_— St Metals (Non-Ferrous). upes. Georgia, Tancy, bushel basket the New York Public Service Commis- ted by bugers making AE SHEE e 3 + &2 - S ] nbos a sion and the attorney general of In- ign currencies held Be Ducsmuml 35 o5 EaamoIp o=l EXPORTS SHOW GAINS |, Rand gold output—June gold produc ts, 1.00a1 neydews, 150: honey- diana ange remittances. Burr'ghs A M (80¢) F s an Am Peten (1) 6 -1 | By the Assoclated Press 96 564 in Ma: 7,750 in June, 1931 . standards, 3 i ‘Con\r.v.!u- 1932 ced '",;x{“:émfz“: Bush Terminal. 2 anhandle I’ & R pf s The Commerce Department repo: in first half 5.685.282 ounces were prc- = 7il, Costa Rica, Brecs (A M) say reports to i Calmmet & He Dry (1 the boards. 1 thy s (1), ! business improve- | (2.80) A) Nat Dairy (2.60) Nat Dist Prod o 2Ba mre B o _a ps in the fiel to sag. Touri: se Lolday was geod, but e volume expec d. ~ prea ReeSdirEifralesnwleag 55 o amount Publix 3 returns cov exports of industrial guced vs igs. 50a75; % g When Eondon: courty clescd zecextl & Tilford. .. i machine: the United States < X stock, 2.00; more than 1,000 lawsuits remained un. P 1, | during the last few months have been OiL. X S, bushels. 50a75: peaches. | tried. | unusually constal Union Associates declared div €s. 3.75a4 50: jemons, 4.50a The monthly a ge for 1932 is dend of s paid a quarterly d 6.00: raspberries, red. 8.00: black. 4.00. slightly above $5.000.000 tk. dent of 35 cents May 10; common share , V°g¢ Potatoés, new, barrel which seems to make the limitation earnings, 6 months ended June 30, ap- | 2004225 « 100-pound sacks, 1.00 point in connection with the amount proximated 34 cents ve. 43 cents; first SWE€lS, bushel baskets, 75a1.00; toma- 5 A E of machinery which c absorbed half dollar sales off 13.3 per cent toes, homegrown, two-peck baskets, 90a by foreign markef resen < 1.00: Richmond els, 1.75; celery, Although fluctu ¥ Paper and Paper Products. : strin < iimas, 2.00a EACH MONTH | to month in the totals for the va Container Corporation of America— _peas, Califor 50: peppers, 2 building shows con- “hesapeake Corp (2). 5 5 5 Phila/Co 6 classifications included in this survey, Equity receivership suit filed against AT 2 . and there has been 213 Chi Great West pf... 2 Phila & Read C ; gains or losses in one item or groups company in Chicago Federal Court by will ncrease !'W"")‘ number of build- “hi Mil StP & Pac Philip Morris&Co(1), + of items were invariably offset by holder of bonds of compar 288 S iceburg, 350; earning 5. dividends! recently. The first| 12 *hi & Northwester 3 2 3 BiflipsPetroleumt 3 3 changes in_another g sons. 50-pound sacks. ia peaches are also 13 Chi Rock I & Pacific 2 H Eoure & ColBy 2 During May total exports of this Railroad and Railroad Equipment. . per 100 n}xncxms. 2.00; Totaling $339.75 in five years ditior 2 2 ChiR1& Pac6% pf. % 2%, Pressed Steel Car pf. 3 T class of gocds amounted to $5.180.000, a lton road June deficit, after Carrots, per 100 bunches, 2.00. %773.30 in ten years—and Cleveland have | *hi Yellow Cab (2) .+ P 2% 19% Droct & slight gain over the $4,870.000 for charges, §$172.205. vs. deficit $351.87€ : =y 1;’2.’)32.85 in twenty years, tly. and the | 5 Chrysler Corp (1)... E 6! b 3 8P~ Proct & 5). evious month, but considerable de- six months' deficit, $861,283, vs. deficit rotection and financial in important | 2 ity Tce&Fuel (3.60). 50 28% Public § cline under the $12,200,000 mark estab- $2044,923. NEW YORK BANK STOCKS dependerice fani oldiags—a - ad the | 5t Coca C pRieilges 35 10% Pullman ¢ 2 1 313 | lished in May, 1931 s Sl sound investment in your c in oil prices. 'rh; L oatEn ]'I"rmfily'- 2 12 ST T - . - Republic. Steel Corporation cperation & 55 2 tuture welfare. Start today. t is also being helpe 5 Colg-Palm-P pf ( Corp. - % 3% 3 - public Stecl Cerporatior ons | NEW YO (#).—Over-the- b g e “olorado & Southern. i 3% Radio Corp pf B.. 5§ U. S. TREASURY BALANCE. averaging about 18 per cent of capacity, oo »ORK. July 11 ().—Over-the Open Daily, 9 to § Gt 9 Bt Keith-Orph 2% 2% 2 x| By the Associated Press a decrease of 2 per cent from previo: o ; Setardoye Untit w York Times re- olumbia Pic ctfs. . . tos-Man (6uc¢) Treasury receipts for July 8 were $3.- “eek x i Noon e Rantas “otumb Carbon ¢ ting 158 pt (2) ; 3 - Y expendituses. $10 63, 3905, Youngstown Sheet & Steel operati & e “omel Credit (500). . ilk Hosiery . 2 | balance. £324 209,351 Q3129993 averaging about 12 per cent of capacit ; 21 ‘omel Cred pf (1%, 208 3 | Real Silk Hosiery pf. 40s e . uly were §3867. Aah increase of several points from the A 5 p 1 $650,000 in | 3 ‘ ! i ties for eight days of July were $3,867- 40, I P SRR PO IR included ol -‘|°~4 de Areas. e s Fed-| 43 e Case (J1) Co.. dicate that there | 15 ‘ent Aguirre (11; S in business con- 2 entury Rib Mills it the country, although | 85 entury Rib ) 1 is very notice ble. | :'rludt‘ Pasco p e Marqiiette e pE s trade d. In hes & Ohfo (21%)... 5 4 e e Penney ( &E i 1 1 1 1 I Vi 1 1 1 : 1 Ea T ireuIation " Comel Inv Trust (). 2 n iy : 057.95. “due to the beginning of the new | “omel Solv (60¢) . s e . J K holiday suspension. ement, with the total of $89.- g ‘omwlth & Sou(30c). ; iblic Stee 4 = - t te. rookivn Trusi s ¥ 3 00,000 more than a year ‘omwlth&Sou pe (6). : scdsro P 6 SILVER QUOTATIONS. SEm anoNsT : T 3 [ ComwiihaSonnt 3 s0n evnolds Tob B 2 2 ekt 2 ApRyEE Warner Bros. Piclures—Loew's metro- : - T - E P E RMAN E N o checks, too, may | “onsol Cgr pr pf 6% . ; 2 215 13 Rio Grande Oil - 2 NEW YORK. July 11 (#.—Noon. 2 ed for full C i o ks, too) s o5 23 | silver futures steady: sales. 1.100.000 Him ‘output of company and its sub- | & g : BUILDING ASSOCIATION e increase. | 9 Consol Cigars pf(7) B 9 9 5% 30 Safewa - 5 | ounces. July 00 bid: September. sigiary, First National Pictures. 2 0.000 reserves increased 3113 Consol Gas N Y (4. | 36 331; 3 10 StJose g Al = o IH9-9%h ST. N.W. ¢ s increased 2% Consol Film pf « 2 3 3, 3 94 69 Safeway St 7 27.00 bid: October. 27.30 bid; December. $4.000.000 t of 7 213 Consol Gas NY pf(5). : 3 6% c s Y y 3 560 ol » 44,000,000 o 8 of 318,000000 Sosisal G COPD. - .. s 5% oo ' = American Power & Light gross earn- | Tit nts’ & i EL SUPEpy,ci0m 0T oted in Financial District. “ontl Can (213) g 4 2e Arms Ohio Bank Closed. s of subsidiaries, 12 months ended ! secent movements in_American % Cont Insuranc(130) 1 AR chuite Reta] S g % + %\ CHILLICOTHE. Ohin. July 11 0P| 37 par samys" et cones miet fncome o8 IhIIlIl!lIIIIIIIIIIIllllIHIIIIIIIIlIIHin:IIIIllIIlIIIIIIIIIIIIIIIMIIIIIIIlIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIH!IIHIIIIIIIIIIIIIIII!III[IIIIIINI\IIIQ offices and | 47 “orn Products (3) 15 7 rs Roebuck 5 Lol Al “p‘;g American States Public Service Co where so much of | 1291 “orn Prod pf ( 9 ecvel Ine 3 sources of $1,89: 0 0Pen Control of company acquired by Balti- Organized 1879 = p 5 today more Gillet Co. of Baltimore 52nd YEAR COMPLETED C eral on lcans. Joty Ine. ... 2 hattuck (FH) 50c.. 5 " . S 2 : . 5 it The bank. the oldest in_the city, 5 5 ¢ Lt e . rated as one rown Co hell Trad&Tr (@ Y, " Consolidated Gas, Electric Light & E t l 3 ’ on the New York Crucible Steel pf. ... 5 23 Shell Union Oil. . ...4 3 37 ascribed its closing to the sinking of its | power of Baltimore—Resolution has qul able Lo- p(:i'atlve g ssh very widely held by| 35 20 Cudany Pack (213).. 2 Shell Unton Oil pf... 2 4 bonds and steady withdrawals. The | peen introduced into Baltimore Cit 3 7 o s approached | 2 “a Curtiss Wright. ... : 6 Simms Petroleum. bank was turned over to the United | Council requesting company to make £ JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary several days, o 113 Curtis Wr 2 Skelly Oil, ... DEy p fm"‘lz“n?“'l‘,‘fc"““;{(f’:ul‘;‘(:jl"‘;‘wmfrz‘; "g“r voluntary reduction in rates " S st down 70 today S Stores t60C kelly Oil pf Ww. ... 3 a e B S International Power Co., Ltd., net in- opening R . cony-Vae (80c) .. opinion that accounts would be scttled | come before depreciation,” quarter end- Assets -....$6,237,762.31 I avison Chemical : A ‘ eventually for 70 cents on the dollar. | eq March 31, $262.003, s been introduced into| o o1 12 il 3 3 35 SolvAm pf ww(s ! st y e D e 32 Delaware & Hud (5} South Povt Risonoe. 16 '3 ‘ o The bank on June 30 had o capital “‘Mackay Gos met deficit from land- Subscriptions for the 103rd Issue of Stock Being Received Felepehone | 5 . 3 s : s 2R of $110,000 ke e o ke mo ines (1120). &9 rands (120). 23 107 i Wheat Supply Decreases. REAL ESTATE notes | £ The Equitable’s Plan Teaches You th the existing i “orp (4).. NEW YORK, July 11 (#).—The ieldi 3 exislng E 3 - Yielding 6% Interest e OB e R T How to Save Systematically the following charges in bushels: Wheat yler and Rutherford, Inc. T . decreased 112.000: corn decreased | . First trust motes well secured on d housands have won success in 1,930,000; oats decreased 150,000 rye | tached modern residences for sale e e Ry g hhnl S e B e e E saving through 11.‘.0 Equitable 39.000. tematic plan. You too, can enjov financial independen - starting Per I ce by starting FIRST an account here now and saving 6% MORTGAGE regularly. NOTES Come in and we'll explain. Secured on homes in pre- SPACE glstt. ferred morthwest residential ) S e ) . . from one room to sections. evy montgage any size suite you desire protected by fire insurance STED ~ REN- and title guarantced by re TALS In The = sponsible 'title companies. MORTGAGES Building LEAN ON YOUR CAPITAL UPWARD || Northeast Corner 15th and H With a conservative Central locatlon, large, g e . o light - rooms, dignified such as is offered by our BOSS & PHELPS iy tor the comvelenee 6!4% FIRST MORTGAGES 4 and comfort of tenants. Dupout de Nem (3).. Duques Lt 1st pf (3. et and Oil Calif 5ie Bastman Kodak (5).. 47 3 £ nd Oil Kansas. 11915 104% Eastman Kod pf (6). 5 Stand Oil 813 Elec Auto-L (1.20).. 9 3 Sterling 5 PICTIor -1 joyers idends t> de- | s in Pennsylvania e c;'v:&;.:.].{.’.,‘.. 3 Dr. William D. Gor- { €o Eyr el pR(S). 7 Telautograph (1).... the amount | lec Pwr & LUpf (7). 3 1 1 4 : Wexas Coin 1) 3 . - 3 2 Tex Gulf Sulph (2).. Theaters Co. has de- E 2 2 Tex Pacific Coal&Oil. rterly dividend of ’ 213 Tex Pacific Land Tr.. vable August 1 to stock of | 3 3 s Thermold Co........ 64 30 Fed Lt& Trac A Third Avenue - 3 113 Federal Mot Truck. .. 4 p 5 Third Natl Inv (1) Loan: Authori 61 Federat DeptS(60c) .. 3 Tide Water Asso Oil.. acoast 6 Fidelity-Phoen 1.20. . Tide Water As pf (6) state Commerce | 5 st Natl Strs (232). 23 7% Timken Roll B1%... n to issue $87.- | X 2 ; 214 Transamerica Corp. . I stocl Tri-Contl Corp...... ri-Contl Corp pf(6), ox Film (A) 2 1% Twin City RapTran. Fresport Jaxan(2)-: 2 “| “36% 15% Un Carbide & C(1.20) Fuller Co 37 Un Oil of Calif (1)..+ Union Pacific (6). ... Union Pacific pf (4). Un Tank Car (1.40).. = ST | en Baking Unit Aircraft. . 3% Gen Cable pf........ y RS Unit Cigar Stores. WALL STREET WATCHING 5 G et G nate , it ol i 3 g Unit Frug (2). OTTAWA TRADE PARLEY 2 B4 78 & ElecA (7). 7 L % Unit Gas: ~11m(1,‘z‘0).. 2 =] el . 3 K " B Unit Piece Dye e J S Indus Alcohol —re 10n capital stock acquisition of | SR raklora-rrrae s Enwe I44+ +1 =8 sen Am Tank Car( halt (1). o investment Loan Correspandent for vou will have a very strong financial John Hancock Mutual Life H. L. RUST co, E Yy S g financia g foundation upon which to rely. od unemployment. o Ry SRt 7 S Rubber Insurance Co. Agent % i : 2 currency in circu- B ey Clenal ) Rubber gl 1001 15¢h Se. NAt. 8100 g Every dollar so invested will earn n_and disappointing earning Te- y Gillette Saf Raz (1). 3% 1 3 i U S Smtg & Ret (1 ¢ R UITK St National 9300 Over a Third P 2 - rts have overshadowed the Lausanne Gillette Saf R pf (). h s 21% U S Steel. s - this liberal interest without change ment as m: factors. The street Gobel (AdOIf). . 9 3 5lla US Steel pf (T).... f S at the opening today looked §nr lower ta Gold Dust (1.60) ... e 113 Util Pwr & Lt (A) 2 2 Ui trends and predicted only mild recov- 5 Goodrich (B F). 2 %1 "1 ana Corp. 1 - s % - 3 "\‘(\ \:‘X” I(‘\II({(“ . O[E:L. Goodrich (B F) p! . 17 2 }illdl'“u’l':e(‘ler‘l ot Oldest National Bank in C [‘””rr\l "I“rl‘k \rc runs. ‘\”(I h,\ ”’C same hat some ¢ he main European Goodyear Tire&Rub.. Va-Car Chemical X i the Distric: o b, 2 : . problems are apparently on_ the way Gomnae BHK Eicaisry gl Frng 2 ¢ RO b Without‘a token your principal is substantially to being solved. Wall Street is turning Graham-Paige. 4 Vulcan Detinning. 3 = its eyes to Ottawa, where the British Grant (W T) (1) ——— = : : T Wabah IR, 3 Qur Reputation -as a Empire Economic Conference _starts 1 Watesnicids Lo i Washi 1 tuly 21. In view of the fact that Can- appraised improved Washington re ada and Great Britain are two of the % Ward Baking (B). 1 . S . C . B k DU r‘ v g ea of the United States, 40%; 12° Ward Baking pf (4) f 3 - crvice- |V|ng an estate back of it n at Ottawa will have A% % \\"nrn Bros Pictures % 3 o . 4 Warner Bros Pic pf.. ¥ —is lived up to with consistency in a profound effect on this country. = i 3 = e siste ; e = S Rinough: ihe sl mRike iverage Hahn Dept Stores pf. o Webgtesnissnionee ¢ : times of stress, as well as in times of May be purchased in amounts Y2 -1l ecord low levels i £ Hercules Powder (2) ? R | o . b 20 West Pa Elec pf (6). 0 0 fA conference about your financial J} i v Hollander Sons portant private speculative accumula- 2 “ = % ¢ 0 Hor ot ke staecs. Houdaille Hershey. . 80, WestPaPwryf (1) problems is a privilege youll find 4 Househd Fin pf 4.20 2 beloful | Houston Oil. ... 7 15% Westinghouse Elec. . helptul. 3 & + % 521% Westinghse 1st (314) - LT Interest Paid on Savings + 4 2% \\'llcoxgil &lGadl % . 2 + X o 8% Willys-Overlan 2 Y % T I Tt : National Metropolitan Bank || TR s National 2100 925 15th St. N.W. DIVIDENDS DECLARED | $4 1% Housion ol v 1% Wilson & Co (A) T "~ 11 Wilson&Copf... 2 3 . - ' 54‘;/:; 2 e L Wl n e o 2 . Fifteenth St. opposite U. S. Treasury 1% 41 %8% 5 Worthington Pump.. Capital, Surplus and Undivided Profits, Over $2,300,000.00 i 3 70" 3w BT__25% Wrigiey (Wm) (3).. THERE IS NO SUBSTITUTE FOR SAFETY 3 5 1% Yell E k... . - 1T 4 Youngstown Sh&Tu.. 0 en Mills pf (6). % 4 % G Mot a1). W YORK, July 11—The delay in Gen Motors pt (5) Congress, uneasi- 4 o PUbIE eI . b T4 US Plpe & Fdry Fd4t4 4+ 4+ 44 throughout the term for which the o OTOTER - JPRVS- TUTHUOP OO ORGP P9 JOTt B0 safe by reason of the conservatively » Hudson Motor Car. 4% Illinois Central. NEW YORK, July 11 (A).— 74 Industrial Rayon (2) Company. Pe- Pay- Holders ot 2, Interboro Rap Trans. e lod Knle I souny 5215 Int Bus Machine(n6) Omitied. y 13 Int Combustion. Y an ial 104 Int Harvester (1.80). Riguiar 68% Int Harvester pf (7). St Bol Tamn 2% Int Hydro-Elec (A). \\'ox? Pl ...Tc @ Aug. 1 July 30 a Int Merchant Maris - ©