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FINANCIAL. THE EVENING STAR, WASHINGTON, D. €, WEDNESDAY, JULY 20, 1932. FINANCIAL. **% A—11 —_ ADVANGE INBOND | [BONDS on n. ¥. stock excuance | |CURB SHARES GAIN N. Y. CURB MARKET | "Vl eae Fache. NEW YORK, July 20 (#)—Stocks: "Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office. Firm: leaders tecover in siow, trading. PN onds : ady; Germans react. rb: - oqs = [ UNITED STATES. Il Cent 6345°3 3 ) Titm; specialiiess mprove. . Forelyn e K wrmate. Add 0. High. Low. Close. | Dividend Rate, B Hish. Low. Close, | Additional Levies - Loom When ; (sales are tn 310000 oy | InCCStL&N % changes: Irregular; French franc &ty ri'imor Amer 800s 32 271 29%|Phoenix SecurCerp 1 & & | : i % 1014 1018 |0l CCSILAN Ss A new 1932 low. Cotton: Lower: local|yjym Co, Am pf(3).550s 37% 35's 37 | Phoenix Securpf... 1 8 8 Legislatures Meet to Deal b {:‘:l‘ff;‘;’; 7 101 %6 10123 101 O e 4143 40. i ey h‘,‘:,";:' Sfififl?' — Hl;‘;‘l‘,f' Am Beverage 10 5% 5% | Ploneer Gold (12c). 14 3% au | With State Budgets. | 2 553 102 2 2 - : . 3 - - < gl Bow : : ; Investment Buying Results|iib ifh i33ssn dness ig20 16535 | foband 31 (s 5% Transactions Increase, With| Susan, hedee A L Premier Gold (1207 2 1S 38195155, { o - 2 : - § 530 961 |Int RapTrrf 6a’es ! i . | AmGas& EI($1).0 10 17y PubUill Hdxw.. 2 in General Gain—Rail sausioeds.. 964 9030 03 |imtman T eent Utilities, Mines and Spe- CHICAGO. July 20 (P)—Wheat: | {0 T8 e 126 250 o0 9 Pure Oll pt (8. 30 40" | B the Assoclated Press UeinaTioas,, 9916 998 %912 e raness Minmeapolis. " Gorn: | A LU&TF (2%)..” 5 1¢4 13 Radlo Prod. 13| The National Automobile Chamber of Group Featured ygaKssniz..., 99 91 981 [ItEapTelad. cialties Featured. Ensy: disappointing cash_trade; fore- [ AT SUperponete: 13 0 B H e | st e T e 2 USats 656, . 10027 10023 10026 | Int Cement S48, cast lower Southwest temperatures. e . & g St Anthony Gold. & | threatening the life of the automobile 1. 102 ¢Sz 28 I st Mot —_— Cattle: Slow and about steady. R A Selby Shoo (140).0 1 % | in the United States. S US 438 47-52.... 106 trone | 10t Mateh 53 ! ; BY JOHN A. CRONE. Hoss Ereaayi ower: ‘Atlas Utiifties 1 A *| Pkye Johnson, vice president of the i o 5 e e e ST {m ;lur Mar 6u°41. Speclal Dispatch to The Star. Atlas Util wa 1 Select Ind pr(5%)n 1 ?smc:al‘.lon, nlaun:d the cause on addi- peaial Dispsich EotuEs A bt P&P 58°63. B 3 0 nt Pap ref 65 A'47. 5 2 3 S A ~ | tional imposts, said that already both NEW YORK. July 20.—Bonds contin- :{;’z Ses1ss 43... 6 70 70 70 |intPapes-ss. . NEW YORK, July 20—Curb Ex- BONDS ON THE CURB :l""‘.’;{*,ld:'.i:"p;?' 5°"l 2.”.“5::1‘"‘,’.5.;;’,‘,"' m..’ : 0 | regictrations and gasoline mnsu;flp;'m ued their upward course today in brisk | x:jeghany Cp 63”44 33 13 Int Ry C A 6. & change stocks displayed strength today. MARKET. Bulova Watchevpt 1 SouCalEdptB1% 1 | o1 |Aare declining. with the rates of decline trading. Speculative interest was cen- | Aljeghany 5s'49... 41 % Int Tel&T ¢ Activity centered around public utilities, Canadian Marconi. 1 Stand Ofl Ind (1).. 13 187, | Breatest in those States where taxes are tered in the railroad Tou but all 5850 IntT&T4 2 = [EST! 5 P > highest. through the list there gl e g :::.e;hr::: 2030 Int T &T 68 65. mines and miscellaneous industrials, | St in,, POM ,m ol Tow, Cioss.||CANt Btatesifline. oo 1 Sevd ol onte 2?5 hoe % | "The climax to the situation, Johnson 15 v liime G nvestment. buying (ot seas | A TG ChIC%S 8. Italy 7s 61 1 with only a moderate demand for oils,| § Alabama Bw 4';5 67 il B i il e letieGioicht.. 8 9 10 | said, will come within the next four or soned bonds. Am Metal 545 °84. 23 s el 5: motors and investment trusts. 15 Aluminum Co_5s '52 85'% ol vice (B Swift & Co (1)..... % 11 1, | five months when the legislators of 44 K‘lnl'l BYs Cities Service (B). 1 1% o The market opened higher in every | Am SmaRef 6847 22 | 3 Amer EI Pow 6s A 57 1 litie . | Swift Tnt «t4). ° 5 * | States meet to determine the State tax department save that of German dol-| Am Suz Ref 68°37. JapanSheeE b o TlechiciBond & Suace sround Ties R e Clov Blaoinin Lo e oo = ¥ « 31 37 |bills for the next vear. Before these = 5 Amer P & L 6s 2016 Swiss Am El 50s 3 Jar bonds. Establishment of a military | Am T&T ¢%8'39.. 5 99 Kan C FIS&M 4 ° up a small fraction, as was Cities Serv-| § AR Rad 4133 741 Clow P I (0) B0 Sus g 2 SRS 5o 31 | bodies, he said, are bills for drastic ! > = = 3 AMer Roll M avs 33 Colon Ofl.. ST Technicol 1 . - dictatorship in Prussia caused renewed [ Am T&T c tr 68 '46. Kan C P&L 4%s 61 9 ice at 2';. Standard Oil of Indiana 3 AT Toll Mill 55 48 3 Col G & E ov pf (5) 708 Tech Hughes (§0c) Increases in gasoline taxes and large increases in motor registration fees in heavy selling of Young Plan 5'55, | Am T&T deb 68°60. Kan City Sou 38'50. firmed y | 1 Appalach Pow® 5s '56 T g L 548 man dollar credits. Most cf them sold | Am T&T 5148 '43.. 3 an City Ter 4x'60. B8 Power 1 ot 7 3 3 E 3 < e et to the ¥ ho 510 14 points under their recent highs, | Am Wat Wks 6534 3 g ey SPecifc developfients witnin corpora. e L5 o Conncapmnsties Qg D G| BT > automobiles and trucks. . shus canceling more than half of the { Am Wr Pap 68 '47 Kresge Found 65'36 n?{:s a:n flmdusmes rather than general 0 G 5iys 2 (‘o{-‘d o RS United Corp war... 4 . All of these increases would be seri- sm:avement made following the Lau- | Antioquina Ts '45. Kreug & Toll 62'69. Does nnuenced Sading menaz SIS S Aty eiioicd Creols Petrolenm.. 4 =4 | Sonmsnmiitt i i 4 ous even if agricultural prices were g A oesant SR creased shoe production lifted United| 3 A3dM\tocs 183 a6 | Creole Farman - United Gas bt (1) n 19% 19°» high enough to give the farmer a fair esume of views by railroad execu- | Arsentine 538 ‘62, e ool Eroenecs of a quick- B 5 . ; o uait Diftwe (b) 215 return for the things which he grows published today showed they were | aArgent 65’ 61 May. Tadi S s ToNciient ofpautaLactie hetleed Nat R B 3 3 84 Davenport H (2).. 61 S Bi6] Dnp LE & Eer gt | or if industry were going along at a fecling more optimistic than in months | Argentine 62 83 Ju R : R eaera it 'lfim,')"gr" olina P& Lor 06 g5 e @i [ Dixen (D Crucible. : e 267 good Johnson saidy “but when 21lroad stocks and bonds today made 57, Val o - ) feacen obers ’ 358 55 fail bl 2 « e § these suggestions ar uri Railroad stoc] ; Argentine 6s A "57 Leh Valcn 48 2003, L 322 | ations. Pow & Lt 55 712 °12 | Duke Pow (5) 50s ! Util Pwr& Lt B ctfs d e tolloving SR substantial advances all along the line. | i reentine 63 B '58. : | o e i J ‘Attention turned towards bonds which, | A i & Co 4348 ‘39 Lig & Myers 7s "44. On the other hand, Dow Chemical s Elec 5 2 Durant Motor Util & Ind pf 1%.... 21y 2 »| creases in the Federal taxes. then eithes o Loew's 68 41. ignored the declaratic f the regular sen 3 2 . 3 With any degree of recovery in busi<|arm Del s P 9 74 7 leclaration of the regula 2 5 = : 2| Eisler Eigc Corp. .. algreen Co 3 8% the State governments must economize ness, would return to investment levels, 48 190 Lotiliardse 61, .. 3 . O e Ian e W Comtion hi Dis El 418 : E! Bd & Share 16%. T, | Wool Litd k23 1. 6 W 47| or the people must.” such as New York Central refunding n gn 4s 96, T mxn:-’?;g(;{\ lrltdl,hdld not FSDLOH? to 352]“5.6 Chic, Ry cod, 55 2071 . B | ElecB&Spf (6) 221, 22 Wright Harg(t15¢) 15 2 25| Johnson said 5,000,000 motor vehicles 5¢, Norther fic 65, Marquett E “4s.. = e e annual rate from i al 5125 AL 5 Elec BA & Sh pf (5) 9 2 oW o 35 S tipeake *Corporation 5% Rock | A\ e - Tat 4863 oG To s Mo Gid Hale. Brethrs Stores| 3mSRy e s 5 2. 2 e B St (), qilidend oates ln, dollaps haged on lage | S0, SRS, SHoe PReh Tarms eavinccd Isiand refunding 4s and Baltimore & Af C L el 4s'52... TAN s 5 50 5 Inc. ‘mirtor the feduction of the quar- 7 Europ Elec debrts dinfaend. Farily'exira TP SR stock. | with automobiles and 26 Per Cont wiB X " s B y T 2 i3 & - 2= n cash or stocl ble i1 - o ©Ohio 6s AUICL un 415 64, e ne ‘Bell Tolephone urmc;x asmu'l tive it Serv Pw 50 Florida P & L pf(7) 758 2 5 25 |stock ¢ Adiusiment. diviqend.” fEua s | trucks. Any restrictions on this equip Industrials and utilities followed the | o) Ref db 58°37... cKes % 3 9 Tl Pl one s nada, only active omwh Ed 4128 C 3 3 Ford Motor Can A. 1 in stock. gPlus £% in ttock. hPlus 1 | ment, he said, w have far-reaching rails but to a lesser degree. New York | Australia 4%s 66 Manhat Ry cn 48’90 5 minion utility in the forenoon, omwh Ed4'4 D5 3 Ford M Ltd. .. E E in stock. r‘]”’l-" 2% in stock kPlus 10% | eccnomic effects through contraction o City tractions were extreme'v active, | Australia bs ‘55 o o oRwneZ S iar e n— . 3 3 3 ¢ y c omwh Ed2 4s P 5 i . m Plus 3% 1n sto us 8% i Marseille 63 '34. touched a new minimum by a fractionsl omwh Edz ds s FousdaticoEoin o 4s 3 In stock n Plus & | 3 | the farmers' markets. d new tops for the moverrent were lia 53 '57. Midvale Stl 5536 7 decline. Transcontinental Air Trans- and new tops Auatral port firmed as a result of the annou Georgla Bwpt (6). established by Brooklyn-#anhattan | Austrian Ts'43.... Milan 6%s ‘52 9 | [ 3 s %43 a0t : p 50 5 ; i ! Z A : Transit 65, Interborough re’inding 5s, : 3 o4 73 |MIIBRv&LEsEl. ! IEDUSE 8 NaLIoN Kide/als Cxpiess sy B | i s 1 0UT FREIGHT LCADINGS DROP. and Manhattan Railway first 4s, while [ B &0 1st4a48. : Mil El Rv&Lr 55 3 7 ice utilizing seven companies, wkich i gi. | Geldman Sachs 5 . ! W : Manhattan Railway second 4s, which | B &0 ¢%s°33 5 3 oo | MStPasSMen 4538 may be joined by Pan-American Air- Gt A & P Tea pf (7) 2081 ciate had not sold in some time, jumped |B& O 4%s €0 sz Su | MK&T st 45 90, 9 ways, Inc | @uit ol of Ta... % 2aiC INDUSTRY IMFBOVE Loadings of revenue freight showed about 20 points on the purchase of a | B&0 1atovis. MK&T 4B 62 Canadian gold mine shares again | Hazeltine Corp. ... s marked decrease auring tie week ence. handful of bonds Baiomebuiat : | MK&T%sT '3 | moved forward. Active issues .ncluded Holling Gold 170c. 2 1 July 9 as the record was compiled & Unitea States Government long-term | B& Oref €8 C S5.. 43 C0 5 MK & Tex 53 A 5 5 Ploneer Gold. in the organized opera- e fssues moved higher. Treasury 3s and | B&O Sw "‘,i; . .| Mo Pac gn 4s75... 3 tions in which the nagie of 4 prominent 3.5 gained 1-32 to 5 ’ Belglum 49 5.« ' Mo Pacrf 53 A '65. 34 | operator is mentioned; Lake Shore Mines, Be'glum 6%3 49, e Mo Pac 5a F 77, 215 | Premier Gold and Wright-Hargreaves In Canadian securities a real bull | B€) J - e £ glum 7856 Mo Pac 53 G '78. 8 3% 23% | Hudson Bay was the only active cupper movement developed. Industrial activ Belgium 78 ‘66 s & ¢ ey y y ppe ty ha rm in Canada and : ity has taken an upturn e e mis MoPacISedl a fair price is expected to be realized | po 181 by sg C'60 MoriPos i Nentaciaes BOND INTEREST SUIT by Canadian farmers for the bumper | peb % Vegoig Mor&Co 1st 4135'39 Wheat crop shortly to be harvested. | pemt <380 e Lo But these factors were merely back. | periinCiryEl6ss' ground material for *he high hopes of { BeTRRC N 62 00g e " . NaiSteelsa 6 L REFERRED TO JUDGE NEng T Istfs'52. 23 NOT&M5aB'54. : : r e trade stimulation tF &t have risen \:rmx BEieie the opening of th= imperial confer-|pe bt el o3 = M 54. & A N'?:(in'uél'sh Hearing on International Match| ¢ iy Ss A S 1. | Mudson Bay Min.. 2 the American Railway Associaticn. A e At She Lack Sec (4).... 3 uservanc ourth o e oty s 66 ' |Lake vors (75 5% 1 5 September—Automobile De- In the table that follows the totel load- by }f:‘l‘,"’;f f'-fl rnold B Lehigh C & N(80c). 3 i < 9 {Ikx:: are given for mjmp:\rablg periods orida P& L 53 34 Lone Star G (b64c) W 4 mands Holding Up Well. T gty e - PO O Pex ot B AARE Iatand Lt 0c. Cadh s e s o Mot Acc 3s 3 Midl West Utilities o NEW YOPK, July 20—Iron and E o SR S Natl Fuel Gas (1). 2 3 4y 10% | Steel bookings show little change MONEY MARKET. Sedinele 3 1 Pw&Lt pf (6) 200s 5014 | the better and average steel ingot o EW YORK, Ju 20 () 4 R i?:bfi:dvf“>2v<j' c '.'; put remains unchanged frcm a weeck market c: d quiet wi Ny Smpteltsy 1A% It <lago at 16 per cent of capacity, says L7 lunds unchanged at 15, per cc 4 . g N Y Tel nt (6350 I, 1015 1081, | the Iron Age, but failure of produc- i, : Sent for biine Co. Claim Will Be Held us ¢ 3 :::: ’;i’rd r'-;un. %15 g4 |tion to show a more rapid reco from St R . . ) g N 5 B PWrAwsn 2 n nar gt nces T Friday Morning. 2 % s L 42': 42':| Ohio Ofl cm pf(6). i o g s ued at 1 per Sk . ‘ oS nE oo growing evidences of sia- e e By the Associated Press it 6 B 40 1 EERaT Ts 1 | “While busiess 1s not yet ma N Y Cent db 68 '35, | NEW YORK, July 20.—Argument cn | Pw Sec 615 34 B ! Penn W & Pw (3).. *|ing definite improvement ‘it is hol NYC& StL 452 2 |a metion by the Irving Trust Co. as, Ew Sec 6las 050 - : ki 8 38 3% 13ts own. suggesting that a bottom NYCSIL 4168784 & trustce in bankruptcy for the Interna-| ‘91 Sec Am § 510 39! been struck from which advances w First Mortgage Loans NYC&StI A 912 19 :| tional Match Corporation, to enjoin | <ia - be made when Autumn seasonal NYC&SLL 13t 63 pavment of $1,500.000 interest on $30.- ' feesta Bowes on ) w h' P Od fluences make th payment for 15 davs pending settle- | Bugh Ter con 1555 N Y Edisan 53 B'44 : 000,000 of German bonds to any one! 1 7 as| ll'lgton roduce " Drice. weakness. which was. pac. | Lowest Rates of Intercst and Commistior ment of the Sao Paulo troubles. Bush T Bidg 55'60. E\vn Ir"‘flrf-- 0‘19 9 b 9% | but the trustee, was m{;»md to Federal | 3 A pronounced among pr: {’3 = A 2 (Y EL H&P 45749, Judge Julian W. Mack by Federal Judge - e 0 I n seems sappear X : ST S : Henry 'W. Goddard G s 21| * Butter—One-pound prints, 83 score, | In this. cénnection it is poSSiol <o (Thomast s e &CompanyiIne Finance Ce. of America. Canada 43%s'36.. K195 | L OH s T o oo | o pldse Mack, to whom the motion was | sas Pow Sy A 4T 83 312122, 92 score, 21; standards, 20: tub, 93(cant that the first lafge scrap pur- | == 3 K 4 5 NYNHEH 65 T | referred because of his past connection | 3 ; 7 | : e curre r 2 5 AP O 2 52. N I Ll ore, 2 s e chase in the current depression, 000 ance Co. ot America for the six . XY 08 92, 17 | morning. U 2 — . vernment _grade is. has be de b = = onths ended June 30. carned net in-; Can Nat Ry 4138'56 Ny To . 100% iog. 7 . 5 B e graded. | plan en made by a lar < Come after expenses, interest and Fed- | Can Nat Ry 434’57 Sia S Ad 21530 [[taies i)ty e Hintecaationaaeaten| | o3 T 1600 hentiery. 10NGIE ot e | S o First Mortgage eral taxes of S38491.24. or at the an-| Can SELC i Nt : oy e Mo ational Maten) S bt e 7 eipts, 13a14; Western, fresh, 14a16. | enterie {:nn»",’, jon sl tade Notes e Tt fork oulstanding, according to| Can Nat 5s °69 Det. ; North Am Co ba €1 13 " | colinteral by Tvar Kreuger, late Swedish | 3 M5 + T e P R e e i i eport issued yesterday by President | Can T0..0e. 2 & 5 oA ety 3 65| match king. on a personal loan from pyis t "+ 47+ | 10; “crooked breasts, 10: Spfing broil | of this monch or In August. @ tradi- Maximum Safety and Yield 3 | five Swedish banks.” Lee, Higginson & | : : - Plymouth Rocks, 2'; pounds end | tionally dull period in the industry. it From is El Can Nor 4138°35... 9 g g o o 3 § 3 2 Louis Eli i Nor Am Ed 55 C'69 Co. fiscal agent in the matter of the | ?Ber,;::&‘elvlg]':ngt)g%s S 16a|is increasingly confident of an upturn 5 eds. 15a17; mix = . ris e s |18, Rngue fuana Rece Loalr; mixed i September’ Reports trom e av: | [SHANNON & LUCHS)| s with net of $82.848. Can Nordo 6% 9 Nor Am E 5363 | bonds. y Gatl i L 5 S | bonds. and the Chose National Ba rate of $1.19 a share Can Nor deb 5 5 N Ger Lloya 6s 47 s E g ey 5 X ank. » - | depository of the $1.500,000 interest, als i colored, 13a15; Leghorns. 12; roosters, 8. | improved demand from the oil industry 2= - Poullry, aressed—Turkeys, hens, 15; r | Bbond o bictiniois N common reported for the initial|Can Pacdbds..... “| NorOT &L 6347 were named defendants in the suit toms, 13 crooked breasts. 13; Spring| “The recession in automobile produc- = — of 1931. Gross income for the six ) Can Pac 434546 2 | Nor Pac et 382047 A temporary order granted by Judge i | broilers. Plvmouth Rocks, 2': pounds | tion is prosing to be less pronounced | and over, 22a24; 21, pounds and under. | than had been feared." 3 | 193217 Rhode Isfand Reds, 15a20; mixed 1"« | colors, 17al9: Leghorns, 17a19: Leg- | horns, 15; roosters, 11: Long Island o ; AVE ducks, 14al5: hens. colored. 16a18 Grain Market .| Medts—Beet. 167, lamb. 16 veal, 11| . pork loins, 16al7. fresh hams, 13 for Opportunity e B 0190010 e 0 e 00 e 1 B AN e s cri ence at Ottawa et Canadian Pacific gerpetual 4s ran up | pol%eT 03 o more than 5 points. Bonds guaranteed | pol e nie o'67. ... by the Canadian government, such as | pri \igu o 26757, Grand Trunk 6s and s and Canadian ! prazi 75C R ‘62 Nortpern 7s, were eagerly sought in a | graSi) ge gy bare of offerings. Canadian | Breman 7a°35. gove: nt bonds were strong. The | grio i % o4y average advance in the Canadian group 3 has amounted to 4 to 6 points in the | gyjyp 3 past three weeks, while a few issues.| pyjyn 'nGas such as Canadian Pacific 4s. are 20 t0 | pklyn Un Gas 5 points above their 1932 lows. Budirsstieier side from Germans rest of the | Buenos AR 68 61.. foreign list was firm. Brazil suspended [ gug Gen EI 4 145 81 | mid-year shutdowns is offset by satic- fai supply was poor P manrtlminwennoeSnanseant 20, compared with | Can Pac 4145 '60. b 3 | Nor Pan4s 97, et = $263.312.49 in the first half of 1931. | Can Pac5s'54.... Nor Pacr 1682047, Y ‘3};“;\_‘;;;:3:!‘1;:»;3]‘7:\,-mem of the inter- smoked hams, 15; strip bacon, 15; lard, | p, . . . ccmpand 0 CHICAGO. July 20.—Grain price Lack of ready funds has ST Nox :' fi: R:e:: |, The Irving Trust Co. as trustce. has L p i Clod 1 ; NocaiEs fal begun an action to recover the bonds. Live stock — Hogs, light, 4.7585.00; ', e % 3 00 losses late today displaced advances often meant ‘the loss of medium, 4.7525.00; heavy, 4008475 | ooy earlier opportunities to increase MILWAUKE] J 20 (A .—Three Norway 5148 65 | pigs, 400a500; roughs. 20083.00)1ack of buying support toward the ane’s financial welfare, % - Norway 6s 43 Milwaukee sub s, the Security | Ghes Corp 53 R g = = i £ oA c 2l = = 3 Nerway 63 44 8 E Bank of Milwaukee, the Liberty State | o o ” /5 10 Hasos New York Cotton [ calves, 3.00a5.50: lambs, 4002550, |1ast accompanied an merease of sales Ccoosit a small amount of g 4 2" | to reaize profits and to provide hedges your present income reg- Bank and the Layton Park State Bank, | S & O &en ¢ 42 ¢ | ortent Pev 51558, falled yesterday and were placed in the | S&O41= A -~ ] Ortent Dev 6353 - loupes, Nor 25 75 li- 1 o B Obag g e 1258175 Call-| against new crop purchases from rurai ularly to_ prepare you for hands of State Banking Department. | & 95 e ; Specia! Dispatch to The Star, = s B&Qen4s 58, Pac C&FE 68 42.... = = - According to the June 30 benk SRR A T sttt : NEW YORK. July 20. — Better 50- s = | holders. Political u; in German; YOUR opportunity. :ugeg’"{’im g i ot 3:38: | was a bearish influence ment, the Security had total dep g weather conditi 1 3 = Tk St 9 CB&Q 11 dv ather conditions and favorable week- $973.133, the Layton Park Stats CREQ 11 dv 4549.. 9 8 2 : | Iv weather reports caused an easier tone 639 and the Liberty State $1 537.000. 5 5 5 iin the cotton market today and pri P S | Chi & . prices Prior to today Milwaukee occupied a | Gl @ G0l sy s 1 . \ 22 3'.) closed 8 to 11 points lower than ves- unique position. with only one bank | CRiGrt Fest 49000 - 3 | terday. Trading continued light. Spots FIRSR I S ) o : P e Wheat closed unsettled. 3 to 3; under 0, Daily, 9 to § i : oranges, 3.50a4.00: lemons, 6.00a8.00; (.. 0 ‘ S g Lol 0 Washington Stock Exchange crisxw iusc's penn 434 e 50, = En 4 limes, per 100, 175u200: " grapetrui, | JSLEREY S PRI, €or s 0 T o Saturdars Untit 5 Chi & NW 4% 121 9 Penn 4% 5 63. ol 00 5 d 5 52 |5.00: honeydews, 1.752.00: honeyballs, | 7p - g oon ALES. | GhiENW rf 552037 6 Penn 615536, : ) & 8 SE | ] $03¢ &4t 13.003.25; blackberries.3.00a3.50; huckle- | Chaneed to 5 cents Washington Railway & Electric 45— |Cni& NW 61526, Penn P&L 4345 '81. E 2 82 | S ki S Ed 5 i | berries, 4.80; raspberries, red. 9.60; alli- $1.000 at 79, $500 at 79'z. Chi RI&P rf 43" 2 29 | Pere M 1st 4s'i8.. gator pears, 1.50a2.00; bananas, 1.25a faflure since 1893—the Franklin State.| ¢y sipap 58 75.. 129 4 diy | Paris-Or 5% s 68 were reduced 5 points to 5.80. ) ‘34 2 2 3 s a y 8 7 B |5 3 B e entes 4 e ArTER CALL S Riersantl IRl % w5 | CHICAGO STOCK MARKET | i iyl |00 g Naitgns BT M B e e W pYION4 Penn cn 4% ‘60 s i Open Chi& . Penn gn 41 2 63 July 3 which closed a year ago cM 2 Pathe Exch 78 ‘37 5 5 56 Cotton range: ChiR14%3°60. Peru 6360 | Septembe Washington Gas 10 at 50, 10 at | CTH&SE 15t 55 °60. - 33 | Peru s 61 ; : 7 3 2 42,,12.00:" sweets, bushels, 50a75; tomatoes. 2 50. 10 at 50. CTHA&SE in 5360 . Phila Cobs 8. ... 9 | By the Associated Press : % %5 3 3021 2-peck baskets, 50a75: corn. '1.00; broc- | 1. . s . . s 9 &9 9 > 2 Sl 901 Y 9 i n Oil 51ss ! 9 coli, 3.00; cabbage. bushel baskets, 1.00a } Sestember : ' 3 ked Prices. Chi Unigta a3 =164 fiig] Phila Blec 85 1o | CHICAGO, July 20.—Following is the or i 4T P e e be 3 2 PE RMAN ENT Bid and As! Chi Un St 5544 ; 3 | Phila & Read 62749 5 2 | complete official Tist of transactions in SP a aado w1001 125, okra, 2-peck baskets, 75: ‘string December ........ BONDS. alvidCahatal : Philippine 20 | ¥ i o = 3Swift Co 35 44 : 2 100'; | beans, 1.00; limas, 1.50a2.00; peas, 2.00a | | OATS— g a ngicn Phillin Pet 5% 8" s b9 :':‘g‘;‘i‘_ on the Chicago Stock Exchange T 80 1225 lettuce, Tceberg. 3.75a400° New | L coavetoney 1 1 BUILDING ASSOCIATION e Chile 6360, ..... 7 tember .2 1 . PUBLIC UTILITY R 61 ¢ |pCCeStL s B T e a 3t ! York, dozen, 50a60; peppers, 1.00a1.25: 1 i Loae %, 949-974 ST. NW. & S ; e s Tri Util 55 "% 3 jcucumbers, 30a75: carrots. per 100 'S o, S i Amer__Tel, & Tel. 4!a% 39 1 Chile 6361 Jan. Poland 7s '47. 5 M Laljd: el 2 X Chile 63 63. Poland 85 '50. ... bunches, 2.00; beets, per 100 bunches, | 2i - “"t»v.; ,“,,J‘ 200 eggplant, 200 asparagus. 1.75a | Devember ION V- Chile Cop db &s 3 5 2 Port Gn Fl 4%1'60 Chi Mtg Bk 615 9 | PosTel & C53'63 o e e CinUnTrust 582 9 Prussia $is = s COC&StL 41es 77 28 ublic Serv 4s e ! e 108 | CCC&StLS s2| Pub Sv G 415 67 oma - h Market Averages Clev Term 4%8 77, Pure O115%5 37, 'y 6f 5 Ca i e 4 2 v 63 46 4112 2 - By the Associated Press. Clev Term 5s B "'!2. 3 3 | Pure O115%s'40. o e e . Vel Newt el g2 46 3 : ic Clev Ter 5135 A Queensland 6s 47 Zont C o Vest Penn 5§ 0 5 5 STOCKS. ‘lbl logne 6 ¢ Queensiand 7s *41. . 3 : e . WedbTer HECaRA 0T 3 s 20 30 % A 2 3 Sl imme e 3 Todar ... "3 1T B T8 c°nflde ce Rem Arms 6s A '37. 5 5 & . 5 Cent BK. Caflfll B, 3, 3 36 gg:'\kmg:.;odn 3 571 II 1 3 e g 3 3 8 Com Pr Bk 5'as 37 : g y fi;""n:;':e’vsé«"z:' ' 15 Bur EI Cp 625 65 xw 44 . Month_ago Rhine Ruhr 6s 53 v Ut Jr evm p 7 Three vears azo.2 STOCKS. . -6 a9 Rhine West 6s°'52.. 3 3 vatons * 4 T 2Finld R M Bk 6s 2 Five years ago CBLIC Col Gas&Fl 5s g 69% a . 5 Ger Cons Mun_ 6s o . High. 1932 . PUBLIC UTIL ! 4 hine West 65 ‘63. 37, 3 (5 Ao xiheaichel - 5 1 Cons C Md rf 58 50 €15 R 150 T s Low 1932 i Co. e G NY 41851 895 Rhine W §s ‘56 ww 13 7 b 3 | il 3 2 Gestueral 65 33 ww : High. 1931 over 53,000 customers, evi- o g (gl b Rich Of] Cal 68 '44. ] wom e Wer DL : 4 Hiam ESAU 515 C 38 4413 Low o ! - ConIG YL i Rio de Jan §1&s 53, 3 200 No Weet UL pi 3 Hamburg Klec 75 3 EA. igh. 1930. dences widespread confi- 3r Do Sul 65 68 00 Public Ser n B | 2 2 TmEe ' T 41% e o PR n gt 11 S0 e dence in its strength and 64 GR DO S .. 210 @uater Oats 7 Melbotirne 75 2o i Rio Gr W 1st 48°39 5 2 9 B0 Ovaver Oats pf 111 3 M i 2 215, Ta. Tora) stability. RIAT& L 4%n 34, i Pastneon vie % i i, Tots 71'59. 3 150 &wif & Co > g 200 Swift Tntl s Basin Con 7s '35 94 2 94 Year StL IM R&G 4333, § s Grnsum ; aarbrueck 7s Sears | St L&SF 4s A 50.. & o Gvpsum Dt Senta Fe A “ inree Seacs ‘Soo SL&SF 44878, o g it 15 Saxon Pub Wk : Tigh, 1932 oc: s A 1 8tinnes 7s '36 x Low, 1932 K j g i Chi Mtz Bk 638 61 s 15 s E : " ! I i 5 The fact that this sixty- six-year-old bank serves Demomooan Consun Pow 58 '52 ] Con Pow Japan Ts. oom s Copenhag 55 '52. e fdutes s, but | Cuba bles ent 3 Cuba RR rf 715 nEsow Siock : ba Nor 68 '42.. NATIONAL Caecho 8s 51 Del&Hud ref 4 De: & Hud 53%8'37. Denmark 4%s '62.. D& RGren4s'36. D& RGr4%s36.. D& RG W bs'56.. Det Edi 448 D61, Det Edison rf 6843 Deutsche Bk Gs ‘32 TRUST COMPANY. DearoBrosi6ares: fmer. Sec & Tx Co (15 Donner St17s 42 .. e b ak & fn Duquesne 41 = 67. e Dutch East I 65°47. s Ei Salvador 8s 48 SAVINGS BANK. Erie ren 4s'96. . Brie ref 55 61, Erie ref 63 'T5. Fiat deb 78 °46... PRy Fisk Rub 8s'41. e - Fla E Crast 5s 5 fDeposits of every size invited —interest PAID on both Capital & Surplus Checking and Savings Accounts $3.500,000 St L&SF 53 B'50.. st P 1, & 1 9 Stinnes %is '46 xw. High, 193170 2 J J 7 ~ Py P srotead {8 b ie S e B NATIONAL SAVINGS v Sao Pau 7840+ ... 5 ; R High. 1930 ; 10181019 & TRUST COMPANY .:'é‘:;“ Sao Paulo8s'50... 2 13 3 3 | seanchi oy Rys 5s 27 ctt b Mamants (Copyright. 1932, Standard Statistics Co.) Saxon P W 6198’51, K 1000 Chi Rvs 5% - n—New. The Oldest Savings Institution in the District of Columbia y 66th Year e 1000 Met W ¢ 4 Wi—When fssued = 2 3 Ban AL SRS 3 Bond eales todaX. : s = Corner 15th & New York Ave. li Sarbs-Cr-SI 73 '62.. 4 Germany and Commodities. EARN 10% WITH SAFETY Serba-Cr-S1 35 62.. 21, 3 Batenriitien Siee N amed e e Limited offerine Gold Debenture | ROl e UE&P 1st5%s A'S¢ 5 100 100 Wil e gl e, ys" ‘otice. Shell Un O58'49ww P . 8 s2s 91s 9 e German elections July 31 register Fayine S Quastery: Shinyetsu 6148 '52. Un Pac 2 ia200 5 70 TRy T the nation’s approval or disapproval of Partial payment plan if desired, Sinc Ol 6%8 B 33. P ti5s $7.... 20 17k 7T the Lausanné agreement? What would See Guil Barber ! Organized 1879 52nd YEAR COMPLETED Simc O11 78 A 37 v:“ Drus 68 '53... 32 7216 0% ‘ahoeum?lrndcogster\auveq\?l'cwry mean in National 6125 & % ’ Sty o pin a3 Uta King §%s 37 10415 104 e tasked reiently mithe Slaectitos 1108 Vorsemt Ave: NW. E t bl C 0 t Bl A e e U 'S mabbergsiat-c 30 S8 22 day. Tt German radieals win, 1t is said, | S qul able Lo- Pera ve . ASS N Wash. i A 849, Sou Bell T&T 53 '41 Unistwehs 420 5T o5 private debts would be defaulted and N 9 LoD SW Bell T 59 A '64. uas wews i N 8" o such action would be feit_throughout SN JON/EDEON, Eroaleent A T oDy American (12)...... - . > X Sou Pac ref 48 ‘55 ) Pw 5559 ww. 175 17 the world. If conservatives win, some = : +150 | Gelsenk’hen 65'34 Sou Pac 41368 ut 20% 20 of the $4,000,000,000 hidden in England, gage Securitles. W Assets. ... --$6,237 Eramen's ). Uth] Pow 5% 47... France, United States, Switzerlana and ot ; : p ; Subscriptions for the 103rd Issue of Stock Being Received 5222 e - @ o DonmSonaaiiNom maoene e o e Soammel P ,"i;rlr;u—:\‘\l:wns‘wnn gl e (Gil‘n xczulkm,rs:,.‘.v. 4 92| Sou P 4%s 6! v‘vw. e = e e ; L Jecty TR tion: { o en Cable 5148 41. 0 Sou Pac 4%s 331 328 Vanadium St 641 9 89 olland would be cal ack to Ger- NVENIENT D) v TITLE INSURANCE, Gen/lotorRiess 2 | Sou P&OT 4343 A'T1 Va Ry & Pw b8 34, 97 97 many, where the Reichsbant would use | Real E““e'fi:'r“".:::'.‘;;’ Coiumbia (6h) ......... Gen Th Eq 63 '40 i Scu Ry gn 4s°56. Va Ry 1st 58 A '63. 81 81 such funds for trade expansicn—which* I R SR B EEREAY S o (B e | cunmy'Cop” ] FINANCIAL SUCCESS THROUGH MISCELLANEOUS, Gur Cenkd 4 b SooRyzense: Wabash ss B 76 6 6 ment in commodities. At least this is|] 1610 K St. Nat. 1403 Col. Medical Bldg Corp. (6).. er Cen ou Ry 6%s ‘56 sh 58 D '80. 6 [ what some bankers and brokers here e Dist. N,;rl;mzféelulq“" G Ger Cen Bk 78 ‘50 2 43 431 | Sou Ry M&O 4s°3 19 20 xa:::: ::fl 5 64 6% believe—persons who, because of Oer-l SYSTEMATIC sAleG BT Biorage Bid. de Ger Gen Flec 63’48 5 ! 38315, SUOII N J 55°46. .. 1021 102% 16 164 man political fears, have handled con- ENTERPR] FedTAm. Co'com. {605y Gor Gov s34 5. . 290 0% 0% | SUOUN Y s i B 8o 1. 5 20 275 29 |siderable German buying in this market. SE SERIAL ed.-Am e erman 6%s '50. .. " Sweden 5%s " 3 35 5 8] i n ¢ 4 o A German Rep Ta43. 132 R BT frytatyi S 93 o8 S e e BUILDING ASSOCIATION —— Those who have learned the & Ste d 2 N Goodrich s 4 2 41y 34'5 . " N w e 7 T% = S f - H 1 Mergeninaler Linotyoe (1.60) Goodyr Rub 587, 28 ecis onie| TeIDEI RS A 4T sms 9on | West Md 4- A 2. AT 4T 4T special Dispateh to Tne star. 7th and Indiana Ave. N.W. lesson of systematic saving are Betier Bras store bid (8 g 0| Grngirranki e S ENe 8% 95K {Zap it 58 2000 80" 80| West Pac s s SBs 3% Sve| BEUIEEENR July 38— | bway 1500 cvery Real Est. M. & G, pfd (6) / | Grand Trunk 7840, 12 98 984 )7er & PacEs B 1. 3¢x 34w |West Uncoltr6wss 4 584 58 58% | Sales STOCKS. LOANS always prepared for every emer- Becurity Storase (9. GrtNor 4%sE"T1. 8 43 4oy | T & Tee S11 et 8% 48° 48°| 90 Arundel Corporation s . : 2 BeC et RWR' Corp (@101 Grt Nov 68'C 18 o o e 8 C*T 3514 364 Uniof . P 4C & P Teleohone Balto pid ... gency. Join the Equitable and - 5 Third Av rf 4560, ® 46 60.. 'h A7T% 47%| 15 Fidelity & Deposit Co. % On Improved District of Co- Per Share x 4 The Carpel Corp (2) < - ¢ b Mige. 8 Grt Norgn 7s . 18 593 60 . - 59 58! 00 Maryland C: oo . s o WashRhed: Biax Gorp (41 ) Third Avlst5s'37. 1 8% 87% 87% ; B e I M Ver-wosdbery st lumbia Real Estate Security save something cach pay day. Woodward & Lothrop com. Gitpes , | Iudson Coal 5562 3215 32 32 | Third Av ad) 53 60 4% 23 23y | We: > 45 New Amsterdam Cas Co. = e - Woodward & Lothrop pfd : Hud & M adj bs'57. 38 3815 3815 Teb P.NJ 6%s 2032 91 89 90% | WEOS%s 37 ww. 101:/- 101% 101% 20U 8 Fidelity & Guaran P 68th Series of stock now open 2 7% 02 i’rono El Pw 7s'56.. 44 44 44 | Wilks BE 1st5s'é2 15% 15% 15% BONDS for subscription 915 F st 2 . 7 8 *Ex. dividend. 27 extra Hud& Mif6s'57., 2 bBooks closed. Lc; extra, Humble Of1 53°37.. 6 1024 102 102 |Tokio5%s'6 16 41 46 48 | yoxonama ssiel TR ...y, SR i e S L 16 S H R 101% 100% 100% | Tokio El Lt 6553 38% 38% 38%' ygetn S&T 58 56% B5% 56% 3.000 United Rwy & Elec lst 4s. 130c extr 4% extra. 111 Bell Tell 65 °56.. £ i N " " 20" 724 20" UnEIPSLrerents. 3 1014 1014 1004 FeetnSeT b0 B BB e e A i 3 Rm— el 00 :}i;g{xuuh 15% extra. . 1l Cent 4%s .