Evening Star Newspaper, July 13, 1932, Page 13

1. BNDISSLES CONTNUE PSHING Foreign Group Shows Fur- ther Declines on Profit Taking. By F. H. Richardson Bpecial Dispatch to The Star NEW YORK, July 13.—Domestic| bonds were strong today, led higher by | United States Government long term obligations. The foreign list, however, was lower on continued profit taking n the German group. The market opened with a heavy tone. As it was apparent that it will be some time before the various mis- understandings of the Lausanne pact; can be cleared away and progress made | toward & debt settlement with the United States, holders of German bonds were inclined to take their profits. Young plan 5'5s sold off about 2 points, as did Dawes Reparations 7s. German Central Bank issues, German Munici- pals and industrials moved down 1 to 4 points. However, after the initial heavy accumulation of offerings was absorbed, there was a steadier tone. The rest of the European list wasy jnactive and little changed. South Americans were again heavy. Argen- tine 6s. which have recently so direct- Iy reflected developments in the wheat market that they have become known as a “grain b-nd” dropped 3 poiats on crop prospects. Brazilians were de- pressed by news of the Sao Paulo 12vo- Jution. Chileans, Peruvians and Uru- guayans eased. The outstanding development was sudden rise of 1 to 1'; points in low coupons Treasury issues. Wall Street expects passage of the bill making Treasury issues legal as backing for bank issues of currency. Since under this all Treasury issues would be eligivle, par for par. to back currency. there was a tendency to mark all Treasury bonds at a discount up to par. Treasury 3%s have advanced to within a point of par. Today attention was turned to the 3s and 3'ss. Which were still selling 5 to 6 points under the 3%s. Making Treasury issues legal for bank currency will constitute a perfect “peg” in the market and. while 1t will cause declines in the regular currency issues, such as the Panama 2s and Consol 23, it will also serve to stabilize the Gov- ernment bond market and enable the Treasury to sell large quantities of new long-term bonds at low coupons. Municipal bonds continued firm. Re- ports that New York State would shortly offer $25.000.000 of bonds proved pre- mature, though the State controller de- clared today that if the market war- ranted it the State would float between $10,000,000 to $25.000,000 of bonds in the next few months. New York State bonds have for weeks commanded a scarcity premium In the domestic corporation list the chief activity was in utility issues with foreign affiliations. American & For- eign Power 5s were up sharply, about 10 points above their 1932 low. Tre company which covered bond interest three times in the last fiscal year, Tre-| cently arranged for renewal of a $50,- 000,000 bank loan. Railroad issues | steadicd after initial weakness. L Steel Stockholders Gain. NEW YORK, July 13 (#).—The num- ber of holders of United States Steel Corporation common stock continued to rise in the second quarter, totaling | 190,024 at the end of June, compared with 186,981 at the end of March, and | 156,239 at the end of June, 1931. In May the corporation had 60,407 pre- ferred stockholders, compared With 50.- 082 in Februar: 1932, and 58291 in| May a year ago. POTATO MARKET. CHICAGO, July 13 (P) States Department of Agriculture) — Potatoes. 220 cars; on track. 391; total United States shipments, 911; weaker, supplies heavy, trading good; cobblers, Missouri. 75a90; few early sales. 95a 1.0 Oklahoma and Kanses, 70a80; | few. 85290 Washington Stock Exchange SALES. Georgetown Gas 55—$500 at 99. Washington Railway & Electric pfd.— 10 at 774 Wes] i gton Railway $1,000 at 79, $1,000 at 79, $1 000 at 79 $1.000 at 79, $1,000 at 79, $1,000 | at 79, $1,000 at 79, 000 at 79, $1.000 at 79 Bid and Asked Prices. BONDS. PUBLIC UTILITIES & Electric 4s— Asked Amer_Tel & Tel. 4 : Am. Tel & Tel ctl ‘Anscostia & Pot R Anacostia & Pot. R C. & P. Tel. of Va Tra R R, suat. 5s. 55 1 R. 8s. ‘Vernon ctf 3 “eeties A Wash. Gas 65 series B Wash Rwy. & Elec. 4s MISCELLANEOUS. Barber & Ross. Inc, 615 Chevy Chase Club 5ias Columbia Country Clib §14s Wash. Mkt. Cold Sforage 5. STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel (9) Capital Traction Co. (1 Wash. Gas_Light Co. (18).. N. & W Steamboat (12)..0.00 Elec. Pow 67 pfd Ele 127 R pid o). com. pid. NATIONAL BANK. Min price. | & Tr (@) ‘Washington (6) TRUST COMPANY. Amer. Sec. & Tr Co. (15) Natl. Sav. & Tr. (123) Prince Georges Bk. & Tr Union Trust (8s) s ‘Wash. Loan & Trust (14) SAVINGS BANK. Bank of Bethesda (6%) Com. & Savings (10) East Washington (12) Potomac (10) . Sec. Sav._& Com (10) Scventh_Street_(6) Thited states (30) Wash! Mechianics (20 FIRE INSURANCE. American (12).. kY Goreoran (10). Piremen's (8)... : National Union (15). TITLE INSURANCE. Columbia (6h). . Real Estate (60) . MISCELLANEOUS. Col. Medical Bidg. Corp. (6) Dist. Natl. Sec. pfd Emer. Bromo-Selz, “A” I Storage pid, Lanst Mer Ir. & Stee. com Mer Tr & Syre. D1d i ) @) Mergentheler Linotspe (1.60). Natl. Mtge. & Tnv. pfd. (6) Peoples Drug Store pid. ($13) Real Est. M. & G, pld’ 16) Securily ‘Storate Ter. Ret & Wh C; “The Carpel Corp W Mech Mtge. com. (8) ‘Wash. Med. Bldg. Corp Woodward & Lathron com.' (130} Woodward & Lothrop pfd. (7) *Ex. dividend. 52% extra elosed. ¥2'2% extra. §3% extra b4 extra 5% extra. n2se extra. 30c extra. 1% extra eliz% extra. (United | C | Eriecon 4s ¢ BONDS ON N. Y. STOCK EXCHANGE EVEN Received by Private Wire Direct to The Star Office. UNITED STATES. (Sales are in $1.600) High 10111 1018 101 23 Lib 3168 324 Libixt 41453 Lib 4th 41 S3s1 . 8148 1046-49. ADItibl P&P 68 '53. A'leghany Cp 544 Alleghany 53 '49. .. Alleghany 58 '50. .. Allis-Chalm 68 '37. Am Metal 5%s ‘34, Am F P 582030.... Am Intl 514849, . Am Sm&Ref 6347, Am Suc Ref 6837, Am T&T 4%s'39.. Am T&T c tr b8 '8 | Am T&T deb 53 °'60 Am T&T deb Am T&T 5 Am Wat Wks 6s ‘75 45. . Argentine 53 45 Arzentine 548 Argent 65’ 61 May. Argentire 6s §9 Ju Argentine 6s ‘59 Oc Argentine 6s A '57. Argentine 6s B 58 Arm & Co 4%s 39 Arm Del bls 43.. Atchison gn 45 '95. Atchison 4% s 48.. Atl Ref db 58°37 Australia 4% '56. 105 Australia 55'65... 163 Australia 58 '57... 94 Austrian 7s 43. Austrian Ts *57. B&O Ist4n 48, 3 6. B & Oref 65C 95, Belgium 68 5, Belglum 638 '43.. Belgium 7a ‘86 Belgium 75 ‘56 Bell Tel Pa b8 B’ Bell Tell Pa 55 C'60 Benef Linan 63 '46 Berlin Cv El 6855 BorlinCityElf 138’51 BerlinCitvE16 Eer mun ex 6 Beth St pm 63 °36. Deth St] rf 5s 42 Bolivia s 68 Bolivia 7s 69. Bolivia 7 Bordeaux 63 '34. Bos & Me 55 '67. Brazil 614826 Brazil 6%s°27-% Bremen 75 '35 Bklvn Elev 6148 Bklyn ifan 65 A ‘68 Bklyn UnGas5s'45. Budapest 6s 62. Buenos AR 65 61.. BR& Pitts4%s 57 Bush Ter con 5535 Bush T Bldg 5s'60. Calit Packing 55°40 Canada 43 = Canada 4 Canada 58 '52..... Can Nat Ry 414851 = e e BaeanBaie ~=580allcwronasan 2 - e Can Nat Ry 4 Can Nat 474868 .. Nat Ry 4% 8 55 Can Nat 53 69 Oct. £ Can Nor dv 648 '46 Can Nor deb 78 '40. Can Pacdb 4 g Can Pac 4%s Can Pac 53 '54... Cof G Ry con 5845 Cent Pac 1st 4349, Cent Pac 5560.... Cert-td db 53848 Ches Corp 55 °47. .. C&Ogen44sss.. C&O4%sA9S. .. C&04%sB"95. . Ch & Oh con 58°39. e SancaBnuocwsaialnns— CM&StPadss ChI&NW 4125 2037 Chi&NW 4145 C 37 Chi & NW 4% Chi&NW rf 5s 2 Chi RI&P gn 4 Chi RI&P rf 435 ChiRI&P4ls ChiR14%s'60.. CTHASE in 5360 Chi Un Sta 415563 “hi Un Sta 5s B ©h1 Un Sta 6345’ C& W Indcn 4«82, C & W Ind 51562 Chile 65 °61 Jan Chile 63 63. Chile Cop dh 58 *47. Chi Mtg Bk 6165 % Chi Mtg Bk 6% 61 CinUnTrust 5s 2020 CCC&St L 4%s E'T1 Clev Term 4%38 "77. Clev Term 58 B 13. Clev Ter 5%s A '72 Colomb 65’61 Jan.. Colomb 68 "61 Oct Colo & Sou 4345 '35 Colo & Sou 45 '80 Col G&E 68 ‘62 May Col Gas&E] 5861 Com Inves 5145 49 Con G NY 41851, Con G NY 515845, Con Pwr Jap 8148, Cen Pow Japan 7s. Consurn Pow §s ‘52 Copenhag 4145 'C3. Copenhag 5s '52... Cubn Fl4s 45..... Cuba R R 18t b8 '52 Cuba Nor 515 42 Czecho 8s°'51. Del&Hud ref 4s '43 Denmark 418 '62.. Denmark 5%s'55.. Denmark 63 "42 D& RGrcn 48’36 D&RG W 63 '55.. D&RG Wbs'78.. Det EA1 4543 D 61. Det Edison rf 5549 Deutsche Bk 68 Dodse Bros 6s 40 Duquesne 415 '67. Dutch East 1 6847, Dutch East I 68'62. East C Sug 7 PO 1o e T S T = T 3o ss Erie gen 43 '96. Wrieref 55'67... Erie ref 5 ‘78 Fiat deb 78°48. ... Finiand 6% 8 ‘58 Finland 6%s ‘56 Fram Ind T%s '42. French Gov 78 °49. French Go 7%s '41. Gelaenk’hen 6834 Gen Baking 5%s 40 Gen Cable 5% Gen Motors 68 37.. 3 1 6 5 1 1 5 Gén 8t Cas 514849, 3, Ger Cent Bk - Ger Cen Bk 63°60J 31 Ger Cen Bk fs'60 0 60 Ger Cen Bk 73 '50.. 52 Ger Gen Elec 68 '4! Ger Gov 5148 65. German 6%s '50. German Rep 78°49.115 GoodHopeS&1 78’45 3 Goodrich 6s 45 13 Goodrich €148 '47.. 22 Goodvr Rub 58'67.. 24 Grand Trunk 6s ‘3¢ 29 Grand Trunk 78'40. 20 Crt Nor 4 %8 B'71. 24 Grt Nor 5158 B '52. Grt Nor gn 18°36.. Halt! 65 '52. Hud & M ad} 5 Aud & M1 bs Hungary 7%s 111 Bell Tell b8 '68.. Tl Cent cl tr 4s ‘53, 111 Cent rf 48 '66.... 3 1 4 101 2 Low 45k 25% 681 651 20 1028 100 101 95% 95% 1018 1 52% ) 491 40n a3 4 42 41 a3 Low Close 20% 10 5% 4% 70 5 23 651 65 8 10214 901y 100% 95 a5 101% 71 10015 70% 33% 100% 204, 29% 38 Close 101 10 101 24 21 10 100% 95 95 1015 7 524 954 984 3014 | 46 57 63 T Cont 4% 8" 111 CCStL&N 4% 111 CCSt1.&N 68 A . 11l Steel db 4358 40 Inland S 43 s A'7T8 Inland St 4%= B'81 Int Rap Tr rf 6566 Int Rap 11 ‘66 st Int Rap Tr 6s '32 Int Rap Tr7s Int Cement 53 '48. . Int & Gr Nor 68 '52. Int & G N ad 6s '52. int Hvdro El 6844 Int Match hu"41. .. Int Pap ref 63 A'47. Int Pap 6s 55, Sales. High. 19 24 Int Tel&T 4338 °39. 285 Int T&Td%s'63.. Int T&T5s56.... ltaly 75 '51. E Japaness 6465, . Japanese R15s '54. . Jugosl Bnk 78 '57.. Kan C FIS&M 43 3¢ Kan C P&L 4%s ‘61 Kan City Sou 3s'50. Kan City Sou 5s'50. Kan City Ter 45'60 Karstadt 6s 43 Kresge Found 6’ Kreug & Toll 58'59. Lack Stl 55 A '50.. Laciede Gas bs 34. Laclede 514 s C'63.. Lautaro Nit 6s '54. Leh Val cn 452003, Leh Ven 4%s 2003, Lig & Myers 63 '51. Lig & Myers 44 Loew's 65 '41. Long s rf 43°49.. Lorillard 5s $1. La& Ark 5369, Lou G & kI 55 A'52 L& Nunif4s‘40 L&N414xC2003. Lyons 68 ‘34 McKes & R 514850 Manhat Ry cn 45'00 Marker Si T3 A 40. Marseille 65°34.. Milan 61s 5 : Mil RRv & L 55’61 MStPSSM 5s £td'38 MK&T4sB" . MK &Tadi5s 67 MK & Tex iis A '62 Mo Pac gn 4575 .. Mo Pacrf 58 A '65. Mo Pac 58 F'77.. Mo Pac5sG 78.. Mo Pac 5s F ‘80 Mo Pac I 5581 Mo PacEis A48 Mobile-Ohio 5 38 Mont Tr st rf 541 Montevideo 6s '59. . Mor&Co 1st 4135'39 Nassau Elec 4< 51, Nat Steel 55 '56 N Ene T 1st fs’ NOT&M5sR" Nw § Wales Nw S Wales 53 '58. N YC3%ss7 N Y Centdb 434, N Y Cent4s'ss.. . NYCrefai22013 NTYCrf4%s2013n N Y Cref 53201 N Y Cent dh & NYCLS 3148 NYC&StL4s NYCASIL 415 NYCASIL5%SA'T4 NYCESLL 1st 6532 N Y Edison s B'44 N Y Edrf6ls 4. NY L H&P 4543, NY ELH&P NY NY NH&H 475567 NY O& W cf 4592, NY Rys 6s A 6 NY S&W 1st 5 NY Teigndk NY W&B 414 Nia Sh M 515 Nord 814850 . Nor & Wn cn 4596 Norf&Wn div 4s 44 North Am Co 55 '61 N Ger Lloyd NorOT&L : Nor Pac zr. 38 2047 Nor Pac 4397 Nor Pacr 1652047, Nor 8t Pw Nor 8t Pw Norway Hi= 6! . Norway 514% '65. Norway 643 Nerway 6 44 Norway 6s'52 Oreg-Wash Orlent Dev 5 : Orient Dev 65 '53. Pac N&E §s 42.. Pac T&T 1st 53 Pac T&T rf 53 '53 Pan Am Pet 6540, Paramonnt 6s ‘47.. Param-Pub 5% 50 Penncn 4ls 60 Penn en 418 F Penn 418D 7 Penn 4%< 63, Penn 816836 . penn P&L 4= 81, Peop Gas ref 5541, Peru b3 '60 Peru 6361 Phila Co 5s Phila & Read PCC&StL s A PCC&St L5sB'75. Poland 7s '47.. Poland 85 '50. Port Gn El 4%4s 60 Pos Tel & C 5253, Prague %8 2 Prussia 62 Prussia ¢ Publle Serv 4s'71. . Pub Sv G 4% PubSv G 41 Fure Of1 5148 27, Pure 01 5% 40, Queensland 6s°47. . Queensland 7s ‘41.. Rem Arms 6s A "37. Rem R 5% sA'4Tww Rhinelbe U 7s '48 . Rhine West 6s°52. . Rhine West 6s 53, Rhine W 65 55 ww Rich Ofl Cal 63 '44. R Gr Do Sul 8546 RIAT& L 4%s 34, Rome 6155°52. .. Reval Dutch 4545 Rumania 7s°59.... St L&SF 45 A 50 . StL&SF 438’18, S8t L&]F 53 B '50. . St L SW 1st s " St P Un Dep 53 Sao Pau 7s "40 Saxon P W § Sazon 7545 Shell Un Ofl 53 °47. Shell Un O53'49ww Sinc Of1 6% s B’ 28. Sine O11 7s A '37. Sne Cr o 5is I8 Skelly Of1 5%s 39, Solssons s ‘36 Sou Bell T&T 5541 SW Bell T 5= A 54. Scti Pac col 4s 49 Sou Pac ret Sou Pac 4% - Sou P 43,569 ww. Sou Pac 4%s'81... Sou P&OT 4%3 A'T7 Scu Ry gn 4s ‘56 Sou Ry bs " Sou Ry gen Sou Ry 643 StOfl N 3 6a"46 StOIINY 4%s’ Sweden 5148 ‘54 Swiss 548 Taiwan £ P 5348’71 Ténn E1 P 6s A 41, Ter As St L 4s3°53.. Tex & Ark 5125°50. Tex Cofp oy bk ‘44 Tex & P68 C'T9 Third Av rf 4s 60 36 | 0% 33% 100% Third Av adi 58 60 Teb P.NJ 63%s 2032 Tokio 5% 61..... Toklo El Lt 65 '53.. . 30 25 75 aeae SRR w—alEe Soa P 5L ovaiw 283 Wh RS DA ANN L aBE 2 57. 106 a0 Ll 1 3 16 1 10 k2 4 22 64 6 5 26 295 UE&P StL 1st 65’32 3 100% 38 Un EIPSL ref 58°33. 8 101%, 101% ING STAR, WARHIN BONDS ON THE CURB MARKET. Sales in DOMESTIC thousands. 29 Alabama Pw_ 4'zs '61 4 Aluminum Co 55 ' 17 Aluminum Ltd 5s ‘48 13 Amer EI Pow 65 A '57 7 Amer G & E 55 2028 1Amer G & Pow 6s '39 3 Amer G & Pow 53 '53 28 Amer P & L 65 2016 1Amer Roll M 4'ss ‘33 13 Amer, Roll Mill 55 '48 1 Appe'ac Gas 65 B '45 16 Appalach Pow 5: '5€ 4Akang P& L 50 2Ass0 El Ind 4 3iAst0 G & E 4': 27Ast0 GAE 4.5 16 Asso Gas & EI 55 '50 24 Asso Gas & El 5s '68 4 As O&E 5'us” 8Ast0 G & E Slas "7, 15 Assg T&T Stas A '58 13As Tel Ut 5igs ‘44 C 4 Bell Tel Can B8 A '35 28 Bell Tel Can 55 B ‘57 5 Bell Tel Can 55 C ‘80 } Birmipem Bl 41a1 2Can Nat RE 75 E '3 21 Carolina P & L bs | 1 Caterpillgr Tr s 8 Cent Il PS 45 P 12 Cent Pow & Lt 55 19 Cent Pub Ser 5'us 24 Cent Stat Elec 55 18 Cent Si Elec 5'ss ' 2Cent St P&L 5 3Chi Dis EI 4 2 Cinct Str Ry 6B 230 Cities ~Service 35 18 Citles Service 5s 28 Cit Serv G ’ 2Cit Ser Ga 23 Cit Serv Pow 5122 '53 % Cleve EI Tilu 5s A ° 2 Comwh Ed 4125 E 5 Comwh Ed 4'3s D '3 43 Comwh Edis s F ' 2 Comnity P&L 5s '3 5 Con Gas Uil 65 A BONDS. High. 73 7Y 8401 50 20 5% 15 1214 604 72 841 50 5Crane_Co 55 '40 2Dela Bl Pow 5lus 7Det C Gas 6s A ‘47 3Det C Gas 55 B '50 1East Ut Inv ds A ‘53 43 Bdls B movon 8 43101 86 Elec P & L 55 A 2030 3 mpire O&R £! Pow 55 55 Pow 65 ‘41 P 65 B 4 Serv 55 5 Wk 65 B 44 a Power bs '67 e S Raz 8s ‘40 B 6. A 35w and_Trink 8ize 36 Sulf Ol Pa 88 37 If Oil Pa 88 ‘47 Sulf St Ut 88 A 5 1 St UL 4128 B Rubber 3ias Guir G, 6s A L&P 4138 E L&P 4'38 o 61 38 il 10 58 E 5 nt Pow Sec 7s F Intern Sec Am 3s Intersta Power 5s Intersta_Power 8s ' 1 58 1 3 4Jer Cen P&L 55 B 47 4Ken Uit 1st 55 60 3 Koppers G & 8 55 47 5 15 Kopper G&C 5'u5 50 4 Kreske 55 45 cf dep 21 Lehigh P S 65 2026 & L 5s 42 3Pacific G&E 5s C, 83 5 Pacific PW&L S5s '35 10Pa Cen P&L 4 ., Penn €0 8 69 101 6 3 ciedmt El 3 Pot Edis 4123 1 Potomac Ed 5s e o 2 72 Pl Lotk B 16 Gas & E 65 '3 d Gas & E 65 | aumensss s T Texas Elec 5s ‘60 Texas Gas Ut 6s exas P & L 5s '56 x P & L 65 A 2023 Co 6 44 Rubber 65 '3 Pb Ser 5!:s A Public Ser 15Com Pr Bk 5':s 3 Danzig_Port 6'is 5 Europ Mtg s 2 Finid R M Bk & 23 Ger Cons Mun 65 15 Ger Con Mun 7s 47 3 2 Gesfueral 6s '53 ww 3 Sias C A Hanover Pro 17 Tarco Hyd ¥ 2 Melbourne 7' 6 Mendoza_Pr T!>s 3 Nippon EI P 8125 53 1Parana Brazil 1< '3 17 Prussia_ Elec 65 '54, 21 Ruhr G Co 2 A 3 Russ 6ias ¢t{ N € | 18auda P Lid 5s A © 12 8axon Pub Wk 55 11Sfinnes is |36 xw 18 Btinnes Ts 46 2w, o erni_Soc §'2x A, of Do tndust 818 ‘41 ww—With warrants Xw__Without warrants. New. When issued . 0il Price Advanced. 0il Co. The new price is 85 cents barrel. E Clos 100 91 70 8 67 104 30! 26! 28 34 28 25! 67 17 19 Sales High UE&P 1st %8 A'S4 2 100 Un Pac 15t 48 °47.. 5 91y Un Pac 486 2 10'4 Un Pac rf 45 2008.. 14 T84 Unit Drug b8 '53... 12 67% Utd King 63%s'37..150 1041 U & Rubbér 47.. 14 305 Un St W 8148 A'4T. 26% UaStWE%s AT 28 Upper Austria 7545 34% Uruguay 6s '60. 28 Uruguay 6s "64. 251% Utah P & L 63’44 67 Uti] Pw 68 '69 ww. 18 Utll Pow 5%s 47 19% Vanadtum St 5841 a7 Vienna 68 2e. ..+ ¢ ss‘ 0 va Ry & Pwbade. 1 964 6414 | ya Ry 18158 A 8 32| va W istenba 'S8 4 204 81 32 | wabash 43s°78. S ‘Wabash 2d 6s°39. 27 494% 5% 6 Low 10014 91 70% 78 67% 1037 304 28 26 3413 25'% 2818 6514 17 19% ! o et Mow sE—aB e RRaana 51 96 78 27 1414 | Wabash 5s B'76. 7 70 | Wabash 6s D '80. 19 | Wabash 534875 21 | Warn Bf Pie 8; 10214 | Warn Quin 88°39. 88 | Warner Sug 7! 89y, | Warren Bros 3 05 | Warsaw i ; West 8h 15t is 2361 41 | west E1dbbs 44 92 | west Md 4x A ‘52 Tl | west Md 6%s 77 5614 | West Pac 6846 774 | West Un ol tr 68'38 West Union 8s'51. i | West Union 58 '60. ¢| West Un 6336 Westphalia 6s 5 4T% ) Wilks B E 1st 58'42 37 | Wi &Colstésdl. 1 100% Ygzstn S&T5sA'TS 101% Ygstn S&T 6s B'70. 10 6 BB Do T e 00 O O N 0 46 28 48 46 15 56 Low. Close. 2 ! Florida P& L pf(7) 1008 2! 89 5 * | Franklin Mg. . 82 | 57% 100 PITTSBURGH, July 13 (P).—An in-; crease of 10 cents a barrel in the price| of Midland district crude oil in Michi- | gan was gnnounced today by the Pure barvel. amg 20% 51 5% 264 681 3% CURB MARKET by Private Wire Direct to The Star Gffice. 7 Sale— Add 00. Stock and Dividend Rate. Agfa Ansco. Aluminum of Ame: Am Beverage Am Capital pf. Am Cyanamid B... Am & For Pw war. Am Founders. ... Am Gas & El (11).. Am Lt&Tr (234). Am Superpower. .. Am Yvette........ Angld Chilean Nitr. Arkansas NUGS A. AsS0GAEADS%. Atlas Utilitie Bell Tel of Can (7). 508 Benef Ind Loan 1% Blue Ridge cv pfal Ltd rets 4c. | Cable &Wire,B rcts Canadian Marconi. Carrier Corp = Low. Close. % 2 24 24 5 515 £ 2 Centrifug ¥ Citles Servic itles Service pf Claud “lev El Illu pf (6). Comunty Wat Sve. Cons Gas Balt 3.60. Cord Corp. Corroon & Rey pf A Cresson Cons(klc). Deere & Co De Forest Rtadio { Derby O1l & Refin ® | Dubilier Cond & R. | Duke Pow (5). stn Sts Pwr (B) stUL ASS0 (2). sier Elec Corp. .. El Bd & Share 16% . | Elec 1 & S nf (6) | Europ Elecdebrts. 4 | Ford Motor Can AL 3 Ford M Lid s | General Aviation. . Gn E Lt ret p3s Glen Alden Coal | Geldman Sachs.... 44 | Grt A&PT n-v 6% 108 | Guitoliotpa.... 2 | Hudson Bay Min. . Humble O!1 (2) | Secu k10c 1 ‘ { P &Lpt(E).... 1008 Imp O1l of Can 50e. 3 ‘l Imp Ol Can rg 50c. 2 | | ‘1 Washington Produce | Butter—One-pound prints, 93 score, 21; 92 score, 20; standards, 19. Tub, 93 score, 20; score, 19; standarde, 18. Ezgs — Hennery, 15a16; current re- ceipts, 13al4; Western, fresh, 14al5. Pouitry, alive—Turkey hens, 12; toms, 10 crooked breasts, 10; Spring broil: ers. Plymouth Rocks, 2'; pounds ant { over, 19a21; 2!, pounds and under, 168 18; 'Rhode Island Reds, 15al7; mixed colors, 14al6: Leghorns, 14al6; hens, colored, 13a15; Leghorns, 12; roosters, 8. Poultry, aressed—Turkeys. hens, 15 | toms, 13; crooked breasts. 13; Spring broilers. Plymouth Rocks, 2'; pounds and over, 22a24; 213 pounds and under, 19a21. Rhode Island Reds. 18a20; mixed colors, 17a19; Leghorns, 17al9: Leg-| 15; roosters, 11; Long Island 14al5: hens, colored, 16al8 s—Beef, 15a15%;; veal, 12; lamb. | pork loins fresh hams, 14 smoked nams, 16: strip bacon, 16; lard, «|7, compound. 6': Live stock—Hogs, medium, _52585.50; pigs, 4.50a5.50; roughs, 2.50a350; . |calves, 3.00a5.50. lambs, 4.00a6.50 | Pruits—watermelons, 25a50; canta- '+ | loupes, California, _crates, 2.75a3.00; 3¢ | Georgia, bushels, 1.25a1.50: honeydew 1150; honeyballs, 3.00a3.75; oranges, 3.75a4.50; lemons, 4.50a8.00; limes. per 100, 1.75a2.00: grapefruit. 5.00; biack- berries, 3.00a350: raspberries. black, | 3.2524.00; red, 8.00; peaches, 2.00a2.50; banana. 1.50; plums. 1 cl 225 alligitor_pears, 2.00; apples, box stock, 1.15a2.00; transparents, bushel, 50a1.00; currants, 3.50a4.00. Vegetables — Potatocs, new, barrel, 2.00a225; old. 100-pound sacks, 1.00; sweets, bushel. 75a1.00; tomatoes, homegrown, bushel. 1502200 celery. |1.75; string’ beans, 7521.00: limas, 1.50a 2550 peas, California, 2.60: peppers, 175a2.00: asparagus, 100a1.50: okra, 2-peck baskets, 1.00: corn, 1.25a1.50; lettuce, Iceberg. 3.50a3.75: New York, dozen, 75: beets, per 100 bunches, 2.00; onions, 50-pound sacks, 1.00a1.25; cab- 0a75; spinach. 100a1.25; kale, : cucumbers, bushels, 2.00: cauli- 4 5.25a5.50; heavy, 4.75a525; light ries, CHICAGO LIVE STOCK MARKET CHICAGO. July 13 (P —(United States Department of Agriculture)— Hogs. receipts. 17.000 head. including 4.000 direct: slow. 10a20 lower; 180-245 pounds, 5.10a5.20; fop. 5.25; 250-310 | ounds, 4.8585.15; 140-170 pounds, 4.85 a5.15; pigs, 4.35a4.75; packing sows, 3.60 a4.10; smooth light weights to 4.60: light light. good and choice, 140a160 pounds, 4.80a5.15; light weight, 160-200 pounds, 5.0025.25; medium, 200-250 pounds, 5.00a5.25: heavy weight. 2502 350 pounds, 4.65a3.15; pacKing sows, medium and good, 275-500pounds, 3.80a geod and choice, 100-130 | 4.85. i 000 head: calvi 2,000; | choice fed steers and ye: ol opened strong to 15 higher: others tending steady to 25 lower; early sales about steady; butcher she stock and bulls steady; vealers around 50 lower; 1.290 pounds beef, 9.75. Slaughter cattle and vealers—Steers, good and choice, 600-900 pounds, 7.75a9.50; 900-1,100 unds 8.0029.50; 1,100-1,300 pounds, 00a9:75; 1.300-1,100 pounds, 8.008 75 common and medium, 600-1.300 pounds, 425a8.00; heifers, gocd and choice, 550-850 pounds. 7.00a8.50; com- mon and medium, 3.75a7.00; Ccows, good and choice, 4.00a6.00; common and medium, 3.00a4.00; low cutter and cutter, 1.75a3.00: bulls (vearlings ex- cluded), good and choice (beef). 3.40a 5.00: cutter to medium. 2.50a3.40; | vealers (milk fed), good and cholce, 16.00a7.00; medium, 5.0026.00; cull and common, 4.00a5.50: stocker and feeder cattle, steers, good and choice, 500- 1,050 pounds, 5.25a6.25; common and medium, 3.50a5.25. Sheep, 11,000 head: weak to 25 lower; choice lambs off more in instances; few desirable native, 6.0026.25 to packers. One load. 650 to outsider traders; lambs, 90 pounds, down, good and choice, 5.1587.00; medium, 4.7585.75; all weights, com- mon. 4.0024.75; ewes. 80-150 pounds, medium to choice, 1.00a2.25; all weights, cull and common, 50a1.75. a . o slow, generally i3 3 1% % % % 1 (] Market Averages By tne Associated Press. | Lack See <4 ! McCord Radiat B. . JLY Sale— Add 00. High. Low. Cloge. 5 - W W %o % | 9% 9% 9u 4 43 4w 615 6% 6l 16 16 16 2 2% 2% 28 29 6% 6% 1n 1% 13% 56 2 “ 27 34 Ll 48 21% 22 a1 4% 39 22 Stock and Dividend Rate. Insull Inv. . Insurance Sec Int Petrol (1)..... Int Superpwr (50c) Irterstate Ea cv pf Interst Pw Del pf 7 50: Knott Corp. . & o Lehigh C & N(80¢). Libby McNelll & L. Long Island Lt Goc. Long Isl Lt pf (7). [EETOTOYYE- o810t -eY 10 2 % 27 34 * 48 21% 22 8 4 39 Mavis Bottiing A. Mont Lt H&T 13 . Mountain Prod 80c Natl American.... Natl Pw&Lt pf (6) 508 New Eng Pw pf (6) 208 New Jersey Zinc 2. Niag Hud Pwr(n).. Ntag Sh. Md B b5 % North Sta Pw A (8) Pac G&EI 18t pf 1% Paramount Motors. ParkeDavis (11.30) Phil Morris Inc. Phoenix Secur Corp Phoenix Secur pf. . Premier Gold (12¢) Prudential Inv, Pure O1l pf (6). Radio Prod. Reliance Intl A Roan Antelope. ... Ryan Consolidated. Salt Creek Prod (1) Seaboard Utilities. Secur Allled (1. .. SerInd all ~fs(515) Singer Mfe Co (8). Smith (AO).... Sou Cal Ed pf B 114 Sou Cal Ed pf C 1% Stand O11 Ind (1). Swift & Co (1). Swift Intl (14). Swiss Am El pf Syracuse W Mch B. Ungerleider Fin Un Gas of « Union Oil United Corp wa United Founder; United G: United Gas pf (7).. Unit LtéPwr (A) Unit Lt & Pwr pf Unit Shoe Mch 2, US & Intl istpf¥. Unit Verde Ext 40c UtIP&Lt.... Ul P&L pf (i) Vick Finane (30c). Walgreen Co. ... 3 Willfams 1 C i Wool Ltd k235 1-3c.. “Y" Oll & Gas. in stock In stock stock Baltimore Markets 8pecial Dispatch to The St BALTIMORE. Md. July 13.—White potatoes, old. 100 pounds, 30a1.10; new, barrel, 190a225; sweet potatoes, bushel, 40a75; yams. barrel, 100a1.25; aspara- gus, dozen, 50a1.75; beans, bushel, 50a . beets, 100, 1.00a150; cabbage, bushel, 50a75; _carrots, 100, 1.50a3.00; cucumbers, bushel. 50a1.00: corn, dozen, 8al5: cggplants, crate, 2.00a3.50; let- tuce, crate, onions. per bushel, | 50a60; peas, bushel, 1.00al.75; peppers, | 100a3.00; spinach, bushel, 508 cantaloupes, crate, 75a2.5); toma- mper, 60a90; apples. bushel, a2.00; blackberries, crate, 2.00a3.60. Dairy Markets. Chickens—Young. 15a23; Leghorns, 13a16; old hens, 13a16; Leghoms, old, 11212, roosters, 8ald; ducks, 8a16; pigeons, pair, 202! Eggs—Receipts, 1,946 cases; receipts, 13: hemnery, whites, Western firsts. 13'2al4 Butter—Gcod and fanc; 16a19; ladles, 12a13; pro store packed, 9 p Live Stock Market. Cattle—Receipts, 25 d | steers, good to c 7 50; me- | dium to gcod, 675a7.25; fair to me-| dium, 6.25a6.75; plain to fair, 5.5026.25; | common to plain, 4.50a5.50. Bulls, me- dium to good. 3.50a4.00; fair to medium, 3.00a3.50; plain to fair, 2.75a3.00; com- mon to plain, 250a2.75. Cows, good to choice, 3.5024.00; medium to good, 3.00a3.50; common to prime, 1.25a2.00. Heifers, good to choice, 5.75a6.25; me- dium to good. 5.25a5.75; fair to medium, 4.7583.25; plain to fair, 4.00a4.75; com- min to plain, 3.25a4.00. Fresh cows and Springers. 30.00a60.00 Sheep and lambs—Receipts. 800 head; lower: sh 00. lambs. good to choice, 6.75a7.25: common to mecium, 3.50a6.00; buck lambs sold at discount Hogs—Receipts. 400 head: lowes: lights, 5.65 ; heavies, 5.1525.65: ma- diwm, 5.65a5.90; Ohio and Wastern hoygs. 10220 higher. Calve¢—Receipts, 100 head: steady: calves, good to choice, 5.0026.50; com- mon to medium, 3.0025.00. Hay and Grain. Wheat—No. 2 red Winter. garlicky. spot, old domestic, 47%5: new, 473 August, 48%3. Cargoes on grade, No.; 2 red Winter, garlicky, 49; No. 3, 47; No. 4, 45; No. 5. 43 Corn—No. 2 yellow. 41242; cob corn, new, barrel. Oats—No. 2 white, domestic, 31a33; No. 2 white, domestic. 30a31 H Rye—Nearby. bag lots, 40242 Hay—Receipts, none. General hay market is quiet. Receipts ample of | timothy, but good mixed hay scare and | bringing a premium. Price range from 12,00 to 16.00 per ton, as to grade and kind: latter figure for choice clover mixed. The poorer grades of timothy are irregular in price. ] current 15a17; creamery, ss, 14a15; | spot. domestic, 1.75a2.00 per Grain Market By the Associated Pres:. CHICAGO, July 13.—Reported max- imum temperatures of 100 degrees in the Spring wheat belt had a bullish effect on grain values today. Fears of crop damage as a result of cessive heat were persistently voiced. European demand for wheat from North America was disappointing, with ship- ments overseas this week totaling only 382,000 bushels, against 2.158,000 the week previous and 2,863,000 a year ago. Wheat closed unsettled, ';a%; above yesterday's finish; corn, 1all, up; oats, 1.3, advanced. and provisions vary- ing from 10 cents decline to 10 cents in. oA guu, old eptember, Scptember. December CORN— July ... September Decemboer . High. Low. Close. 4672 AT 49 A% 487a 52y 52% 30 3178 3170 OATS— v I STOCKS. 50 20 1% 20 Todey oo Previcus day . Week ago ... Month ago . Year ago ¥ Three years ago. Eive vear igh. "193: Low. 1932 High, 1931 36 Beeats S BEEBLSRBRRE aBuSuutt BESEHLEDL AL e o EBsBe=tnBaae VuwnomOMD DO B Ry £g Today Previous Week ago . Month " ago Year ago i Two years ago. Three years ago. High, 1932 Low, 1932 High, 1931 Low.' 1931110 High. 1930...... Low, 1930. (Copyright, 1932, Standard Statistics £538232 Peteesriottben] Smnoenaemo® 2EARS: gSE FINANCIAL STOCKS ARE FIRM ON GURB EXCHANGE Utilities Issues Show Rising Trend—Oils and Speciai- ties Irregular. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, July 13.—Stocks on the Curb Exchange firmed around mid- | day, reversing the irregularly lower' trend that marked today's initial deal- ings. Volume remained small. In the utility list Electric Bond & | Share rose more than !> point by noon. Duke Power was up aimost 2 points. Niagara-Hudson Power new, Electric Bond & Share $5 preferred, Community Water Service and American Gas & | Electric firmed. Citles Service at 2 | was off a shade. The rise in utilities preceded publi- cation of the electricity output for the previous week which showed a decline of 12.8 per cent. Other market news inoluded a further rise in crude ofl out- put, a decrease in gasoline stocks and a broadening in steel operations. Alleghany Steel declared the usual quarterly of $1.75 on the preferred, which had forecast such action. New York, Honduras & Rosario, which has bren inactive in recent weeks, ordered the usual common quarterly of 25 cents Three months ago it paid an extra of 25 cents and six months ago an extra of 12, cents. Minneapolis Honeywell Regulator paid 50 cents on the common against 75 cents three months ago. Fireman's Fund Insurance declared an initial divicend of 15 cents quarterly on the new $5 par stock, which compares with Sbcmu paid on the old §10 par shares. A series of bids and offers for Cela- nese Corporation of America preferred brought about the lowering of the offering price by 3 points in as many minutes. On hopes that copper pro- ducers will quit cutting prices and that the world curtallment agréement will be strengthened, quotations on Hudson Bay Mining and Roan Antelope were bid up, but stocks of domestic producers were dull. FOOD FIRM EXTENDS ADVERTISING DRIVE Cereal Manufacturers Get Results in Naticn-Wide Campaign to Increase Their Sales. Bpecial Dispatch to The Star BATTLE CREEK, Mich., July 13.— Following immediately on the heels of the Naticn-wide sales drive now being conducted by the Kellogg Co. leading cereal manufacturers, a second aggres- sive selling camratgn. backed by further intensive use of newspaper advertising. is being launched immediately, W. K. Kellogg, founder and president, an- nounced The presen. campaign, said to be one of the most ambitious in the history of the foods industries, is being supported by consistent advertising schedules in practically every newspaper in _the country and the co-operation of thou- sands of grocers. “This effort already has justified once again our confidenge in the power of newspaper advertising to produce vol- ume on our products, when supported by aggressive promotion plans.” said | Mr. Kellogg. “Its success is enabling us to conduct this second intensive cam- paign which we are now starting. “During this period we have obtained | the largest single day's sales in the more than 23 years since we began business.” CHICAGO STOCK MARKET By the Associated Press. CHICAGO, July 13.—Following is the complete official list of transactions in stocks on the Chicago Stock Exchange today: Sales. STOCKS. 100 Abbot Lah 239 Bendix Av $50 Borg-Warner 100 & Sons Il Pub Ser pf So West pf Low. Close ERE 51, 4l ol 50 Keystone Sl . 1400 Liby McNeill 200 Marehall Pield 1300 Mickelberry's Fd . 350 Mid West Ut 10 Mid Ut 672 pl.. 50 Nat Sec Tnv 100 Nat Sec Inv pi 100 Befrect® Sirend IO DT s’ 0 or 6 Dl 1jg Quzker A si: 33 Suarereon: P O i Thompson J R U S Gypsum.. 0 ours Tna n 256 Rlereen " 21 8 Ward Moni & 00 Zenith Radio s tock sales today. 25.000 shares. BONDS. 10000 Chi Rys 85 ‘27 gts ond sales today, $10.000. e TR a4 BALTIMORE STOCKS. Special Dispatch to The Star. BALTIMORE, July 13— Sale: STGCKS. 288 Arundel Corporation 7C & P Telephone Balto pid 183 Consolidated Gas com 10 Consolidated Gas 6+, cum pfd D 60 Ficelity & Deposit Co 190 Houston Ol ptd ... aryland Casuaity Co. 8 New Amsterdam Cas Co 175 U 8 Fidelity & Guaranty BONDS. $4.000 United Rwy & Elec 1st 45 2,000 United Rwy & Elec fdg 55 ‘Twenty-three thousand miners were affected by the recent coal strikes in Czechoslovakia. Last sales 1412 | 10812 421t | With Safety In Guaranty First Mort- Well CONVEN] R! s Real Estate Mortgage an Guaranty Corp. Nat. 1408 REAL ESTATE SERVICE SINCE 1906 First Mortgage otes Maximum Safety and Yield From EENON & LUCEI 1435 K St. N.W. NA. 2345 We Recommend BANKERS TRUST C0. This Great Bank is making an outstanding record by earning its present dividend by a wide margin and keeping in an ex- ceptionally strong and liquid po- sition, Circular on Request ROBERT C. JONES & CO. Shoreham Ride wE 2 24 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th and Indiana Ave. N.W. LOANS On Improved District of Co- lumbia Real Estate Security 68th Series of stock now open for subscription James F. Shea, Secretary James E. Connelly, President First Mortgage Loans Lowest Rates of Interest and Commission | Thomas J. Fisher & Company, Inc. Money on Hand to Lban on First Deed of Trust 6% Interest Reasonable Commission and Prompt Re Applications JAMES F. SHEA 643 Indiana Ave. N.W. 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NEW YORK, July 13.—After an early decline the cotton market rallied sharp- ly over a quarter of a cent today and closed with a net gain of 20 ‘to 23 points. Temperature of over 106 d s in Geotgia and the report of boll weevil damage over many pafrts of the belt statted a covering movement and prices moved upward vigorously alohg with the stock market Spots hdvanted 20 points to 5.90. Cotton range: July .. October December January March May Assets......i......$6,287,762.31 Subscriptions for the 103rd Issue of Stock Being Received The Equitable’s Plan Teaches You How to Save Systematically Thousands have won success in saving through the Equitable’s Sys- tematic plan. financial independence by starting an account here now and savihg regularly. Come. in and we'll explain. 915 F St. 52nd YEAR COMPLETED You too, can enjoy |