Evening Star Newspaper, July 21, 1932, Page 15

FINANCIAL. BONDS ARE HIGHER IN ACTIVE MARKEI List Has Scored Gain of 3 Average Points in Re- cent Sessions. BY F. ik RIEBARDSON. Bpecial Dispatcirto The Star. NEW VORE, July 21.—Bonds ad- venced again today—the eighteenth consecutive market. session of the pres- ent movement. Trading was in sub- stantial volume. | BONDS ON N. Y. STOCK EXCHANGE Received by P:'vate Wise Direct to The Star Gffics. 3%832-47... Ab &St5%s 43. | Asleghany Cp bs | Alleghamy 5s ‘42 | Allewhuny 5550 | Aro P 58 2030 | Am Intl 51ea 49, Abitibl P&P 6353, 5 4 Adams Bxp 45 '48. 20 High 1014 96 t 106 15 mn Ssley Hizh o5 Price gains were not large. except in ! ym Na Gas 6145 '42 fwolated instances, but the steady daily improvement of the past three weeks has been one of the most encouraging phases of the advance. presence of investment buying and & minimum of speculative attention, which would incvitably end in hemvy profit lsking The advauce now sgercgates aver points, bringing the m'lrket luvul ‘oack to. whiere it was early im May and restoring approximately $1.500,000.000 in the total value of bonds listed on: the New York Stock Exchange. | The opening was higher. Most of the interest was centered in railroad. in- dustrial and junior utility descriptions that reflect corporation earnings rather than money rates. Wall Street was favorably inclined toward the railroad 1t reveals the ! { Am Wat Wks | Am Wr Pap | Argentine 5= -4 Atchizon 4 %s'¢3. | Am Sm&Ref b3 '47. Am TAT deb 5o '85. 3! | Am T&T 51843, . | Am Wat Wks. b, .‘Nr Argentine 534862, Argent 65’ 61 May. Atchison gn 4s'96, 74 ismies following the frank public state- | At1 C L un 438 64 = 1 ment of the rail executives. There was good buying of Atchison general 4s, Chesabeake & Ohio general mortgage 4’-s, Chicago. Burlington & Quincy 4s. Norfolk & Western 4s. New York Central 31,5 and' other seasoned carrier obligations. Second and third grade rail issues, like Alleghany 5s. At- chison convertible 445, Beltimore & Ohio 4l.s. Chicago Great Western 4s, Delaware & Hudson refunding 4s, Erie refunding 5s, Ilinois Central 4%s. Mis- souri-Pacific 5m New Haven 6s, North- ern Pacific 6s. Prisca prior llen 4s, Southern Pacific 4/5s. Southemn Rail- | A1 Ref ab 5a 37 | Australia 435 "5 | Australia 68'55. Australla 8’57, Austrian 7s 43 Austrian 7y ‘57, B&O 1st ¢n°43 |B&0 s 23, |B&O 39 00 B8 0 ref bw'96. B&Oref5 D 200 B&Orefrén B&O PEWYV 4s " 9. 1 B&OSwdv5s'50. B & O Toledo ¢s'5: 9 way ds; and Western Maryland 4s, were | Batmv Pet 448 ‘42, also bought. In the indusirisls gains oecurred in Chile Gopper 5s. Dodge Brothers 6s. Goodyear - International Cement 5s, Internationel Merchant Marine Paramount-~1blix 5l5s; Philadelphia & Reading Cc | & Iton 6s. Sheil Union Gl 55 and sinclair Oil 6':s. Prime utility bonds were firm, with & heavy turnover in American Tele- phone 5s, Consolidated Gas 5'.s, New York Steam 5s and all the New York City tractions. Subsequently the trac- tions, notably Interborough Refunding 56 and Brooklyn-Manhattan Transit 6s. | Belgium 68’ Belgium ¢34a"4s Belzium 7856 Belgiunr 7558, Bell Tell Px 58 C' Berlin Cy E163°5 BerlinCityEl6 !5 BerlinCitvEI6 Ber mun ex 6158’ Beth Sti pm b Beth St1 rf 55 '42. Bolivix8s 47 Bordeaux 68 ‘34. Benef Loan 65 '46. 6. | Bell Te) Pa 58 B8, ‘38, 1012 UNITED STATES. (sal in $1.000) Sales are B IMC 1st 4148 32-47 10125 10122 10125 4th 4145 33-38 10222 10219 10221 956 9430 955 966 9910 9922 9910 9917 THE Mud & M rf 5357, . 4 Humble O11 bs 37, Hungary 7%s'é4. 11! Bell Talt 58°56. . 11l Ceat cf tr ¢w 59, 11 Cent rf 4855 111 Cent 4 %n 0%, 111 CCStLAN ¢%s. 111 CCSt1L&N 58 A | inlana S 4358 A" Int Rup Tr rf5n° 00 106 10 Int Hydro EI'6s "44 Int Match fs 41 Int Match 5s ‘47 I Int T&Tes'53. 133 Nt T&T6s'55....116 ltaly 7s 51 60 e | Itmly Japanesé 5%s°6 Japanese 6 jpa '54. . Kan C P&L 4% H Kan City Sou Kan City Sou Lig & Myers 5s'51. Lig & Myers 7s '4 Loew’s 6 Long Is1 rf 45 49, Lorfliard 58 51. Lortllard 79 44, Lad Ark 5w 89, . Lou G & Rl 53 A'52 L &N uni ewe0... 37 Lyons 68 '34 McKes & R 5148'50. 2. Manhat Ry cn 4350 Murket Si Te & '40. Midvale St 53 '35, Milan 6%s ‘52 MU ERy & L 55'61. 2 M1 Bl Rv@Lr5s'T1 MStP&SSMen 4'38 MStPSSM 58 gtd'38 MSPRSSM 5458 T8 MK&T 1st4s'90. MEK&T4%s 8. .. MK &T adf 58°67. MK & Tex 53 A ‘62 Mo Pac gn 43" Mo Pac rf 53 A '65. Mo Pec 5s P ‘77, Mo Pac 15s'8 Mo Pro 5448 A 43 Mont Pow bs 43 Mont Pwr bw A 82, Mor&Co 1at 413 5'39 Sutes. Men. 9 72 EVENING Low. Cl Tla 101T% 1017 33% 101% 29 41% 33% 100% 23 41 STAR. WANHINGTON, IGURB SHARES HRM IN UPWARD T Utilities, Oils and Specialties Featured in Quiet Trading. BY JOHN A. CRONE. | Special Dispateh to The Star. i NEW YORK, July 21.—Public utili- { tes, oils and specialties featured the the Curb Exchange today. The usual market leader, Eleetric Bond & Share, ranged narrowly, as did %es’:u'vin hldxc]ul:r of the less ac- wer an t issues higher. Standard Ol of mdxmmm. tained its initial ] kains and 5o did Gulf of Pennsylvania o York Steam in the final minutes of the preceding session jumped 4 | points, thereby forecasting declaration of the regular common quarterly divi- dend of 65 cents today. New York Power & Light Corporation 6 per cent preferred, which fell 15 points late last weck, regained about s third of that decline in the first few trades today. New England Power & Light 6 per SSBiEreferred was another tavored seni opene i pers Gas & Goke 6 per eont putéx‘ar'e’i —much of the company is owned by the Mellon family—attracted sttention because of its wide spread. It was 25 bid and 72 offered. Celluloid Corporation preferred ap- peared at 4 bid and 20 offered. Cela- mese Corporation of America first par- ticipating preferred, after a series of bids and offers in the last three ses- sions. sold at 8. off 2 points. The aluminum group featured the manufecturing shares as Aluminum Co. of America common moved ahead sev- eral points and the preferred advanced more slowly. Aluminum Co., Ltd., com- mon was up about 2 points, but the preferred was unchanged Steel stocks also were in better de- mand. Acme Steel and general alioys pointed upward. Record low prices for export copper dampened enthusiasm for the red metal shares, but Canadian gold mines were bid up again. though somewhat less aggressively than the Iast few days. Reflecting the prospective joining of the Nation-wide air freight and ex- | presc service, Pan-American Airway was lifted up more than a point. A speialtier, such as Americen Cysnamid B and Acetol Products, mir- rored trads trends. Some of the recent activity in chemical shares is due. not only to favorable dividend actions, as in tke case of Dow Chemical. but to upside of a quiet but firm session on |py ., but ¢ ‘smelters were willing to The low record in the doruestic mar- P._£, THURSDAY, COPPER PRICES BREAK T0 n:com LOW MARK My 21.—The market low levels yesteiday. e i previous nominal but reports reaching thet some metal abroad at 4% cents & ket is 5 cents. DOMESTIC BONDS. JAllhAmA Pw 4l9s 61 e Sales in thousa 2 Amer G & Pow 55 5! 36 Amer P & L 65 2016 5 Amer Roll M ;s '33 3 Amer Roll Mill 55 '48 1Amer Seating 6s '36. 22 § Appatach Gas 6 43 palac Gas 86 B ‘48 u Avnn\urh Pow 55 56 Pw 63 A 2024 ll A’llm P&LS5 50 T8 50 Asso Blec 1ud 415 83 3 120 G & Base B % 78 As30 Gas & El 5¢ ‘68 G s s 38 n et 44550 G & E 5ias metal by the United States, broke to new Copper Exportess, Ine, reduced its) special price to #7% cents a pound, f. Buropean base ports, for the price of 5'; cents, trade here said actually sold the lowest. in history. ‘The, special offes %mm uuhbtn;: «m; smelters, sud jdt for any of custom Xl at 5% JULY 21, 1932. FINAN ' N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. snd Stock and Salo— Dividend Rate. ml: High. u- Close. | Dividend Rate. Add 00. Hish. Liake Shore M (12% Lehigh C & N(80c) Libby McNeill & Lone Star G (bde). Leng Island Lt 60c. Memphis Nat Gas. . Mont Lt H&T 1%.. Mountain Prod 80c Natl Aviation. ; Nat Bnd & Sh (1, Natl Investors. 1 Natl Pw&Lt pt (G) 150- 51 Natl Transit (1). 2 7 New Bradford Ofl. 3 % % w Eng Pw pf (6) 600s 34% 3 3 New Jersey zinc 2. 25 2 NYPw&Lpts NY Tel pf (6%). Niag Hud Pwr(n).. Alum Co. Am pf(3).800s 40 Aluminum Ltd.... 12 AlumnLtd cu pf(3) Am Beverage. 17 3% l l?k Am Founders. Am Gas& El ¢31).. Am Lt & Tr (2%).. Am Superpower . Am Sup'pwr 1s€pf. Am Thread pf 25¢.. Arcturus Radio T.. -Eunaufinfinuuu-au._ Nipissing...... North 8 Pw pf ( 6 Pac G&EI 1st pf 1% 2 Pan Am Airways. . 5 5 1 ParkeDavis (11.30) 34 134 1 Penn Mex Fu( Penroad Corp. Penn W & Pw (3) s 3 Phil Morris Inc Phoenix Secur pf. Pioneer Gold (12¢) Pitney Bowes b4 . Plymouth Oil k50c.. Pub Util Hid wa % | Quaker Oats (17) .. 50s 7 Quaker Oats pf (6). 108 99 ° | Radto Proa. | Reiter Foster, | Royal Typewriter., | Ryan Consolidated. | 8t Anthony Gold... | St Rtegis Faver.... ! Select Indus (new) Bell Tel of Can l1) 1258 Benef Ind Loan1% 1 26 BnATcuBka”s 2 Canadian Mareon.” 13 Carib Syndicate. Col 01l & Gas vic. . Comwlth Edis (5). Comwlth & Sou war Cons Gas Balt 3.60. Cons Gas Util A. ... onsol Roval (20¢). '\ ord Corp. 4,recle Petroleum.. .‘neunnwnmklrh | SerInd all ~ts(5Y) (Wasi Mexicana Min Select Ind pr(5%jn 5 26% 3 3 Petroleum. . VNS O DY 9 1 Eisper Else Corp inger Mfg Co ll) 10: .‘.'L\& Share 16%. Smith-Corona vte. . Sou Cal Ed 1 3 | Elec V4 & Sh ot (5) ek Klec § &8 pf ¢6).. Southern P L(1.40) 8 4 Elec 1\vr As(A)60¢ S e Elec P" L op war, Flec Sha rehid pf Fajardo A ugar Fedders RXH (A) 13% | 17a and O, of Ky 1.20 1 | Stand Pub SrvA. 21 | Stutz Motor Car. 35 | Swift&Co (1) 215 | Swift Intl (14). 514 | Swiss Am EI pf (6) 50. Fire Assn R hila 1.60 4% |Sylvan G M(t4'zc). Florida P &4L pf(7) 258 25 25 | Tam . Pord M Lm\n . 3 -"rocnn:nji::.’ = Foremost Da . Tech Hughes (60c). Foundation 4 | TransLuxDLPS. a | Un Oil Assoe (1)... Unt Car Fast (40c) Ctd Dry Dock United Founder; Federated | Metsls. . General Alloy, General Aviatidi.. 2 ital (173" . 11 D! 224, | Unit LtkPwr (A).. 32| Unit Lt& Pwrpt.. Gray Tel Pay S(t @uifOllef Pa. ... | Uni 1 51 7 691 10814 99 | 36 CIAL. *¥3 A_1§ CAREFUL U. 5. LOAN | POLICY IS URGED Lending by R. F. C. Only on Self-Liquidating Basis Suggested. BY DR. MAX WIN R. Speclal Dispatch to The Star. NEW YORK, Jdy 31—From the l standpoint of ecopem'e soundness, the 5 |wisdom of promdsewous granting of loans by the Recemstruction Pinance Corporation may be questioned. Tt would be desirable if those charged with guid- ing the destinies of the agency wculd scrutinize applications most carefully, sanctioning only such loans as are of a definitely constructive character. Po- ltical considerations should have no bearing upon transactions. Authorizaticn of an additional amount 515 | of more than $2,000,000,000 to be loaned 11, | by the corporation to States for public 9 | works as well as for direct relief for the 2 |destitute is to be viewed favorably only 84 | = long as advantage will not be taken 3% |of the measure. Thirty States in the 214 | Union have already filed applications 614 | for loans aggregating $200,000,000. For & | projects which are self-liquidating, 70 | guests for loans should not be withheld. should be discouraged. Do ro 1| JOtherwise it may lead to inflation, “ offsetting to a very considerable extent | whatever results the sponsors of the corporation may have hoped to achieve. (Copyright. 1932 bv North Amerizan News- paper Alliance, Iac.) NORMAL CONDITIONS AT PRUDENTIAL BANK 91, Edward A Baker. cashier of the 4 | Prudential Bank. 715 Plorida avenue, said tcday that conditions at the bank had returned to normal, with hundreds of depositors who had withdrawn their money making redeposits. A small run over the past week end was attributed by bank officials to | false rumors” circulated in the down- town section Mr. Baker said more than $10.000 in deposits . was received at the bank yes- jterday and that a number of new ac- counts had been opened. Denositors | representing $120.000. he said. have cigned egrcements not to withdraw jmore than 10 per cent of their ac- |ccunts during the next 30-day period, thus relieving any possible pressure on the benk’s funds. 8% * 2% % 5 1% & 1 % 363, ol Shoe Mch 2% . 25 I S Elec Pwr ww. | Universal Pictures. Util P& Lt. Util P&L pf (i) Ut & Ind pf 134 Walgreen Co Walker (Hir % Wright Harg(t1sc) Dividend rates in doliars based on last | cuarterly or semi-annual payment. ‘EX gigldend tPartly extra :Plus 47 in «tock aPavable in eash or stock. b Pa. tock e Adiustment eividend. in stoca. g Plus €% in stock. tock Lus in_stock increased industrial operations. _R: suming toxtile mills are buving chem- ! fcals in increasing quantities Hackmeister Lind. Hec'!a Mining. Heiling Goid . o9an | | Horn & Hard 1) « %] Wudwon Bay Min.. | Humble 01l (2) Hygrade Food. | tmp O1) of Can s0e. | tnip OikCan rg 50e. ® |ind Pipe Line kisc. ! Int Petrel (1).. making new | Bos & Me 4% s'61J. Nassau Rlec 4s 51, Dairy 5% 848, Steel 5856 N Eng T Ist 5852, NS Wales s.'n Nw & Wales NYCS%Hs '97..... N Y Centdb 4534, net profit-taking _after teps for the movement United States Government bonds were steady. with. trading down ta nor- moul proportiens after the heavy turn- over of recent market sessions. Once again Conadian bonds, espe- cially those of .ne Canadian govern- ment and those guaranteed by it, were in brisk demand. Canada and other sections of the British. Bmpire were al- ready reported in agreement on a re- ciprocal treaty an steel products. There weas a scarcity of’ Canadian Northern %, Grand Trunk 6s and 7s, Canada 4, Canadian Pacific 45 and bonds of the Canadian National Railways. Most of these reached new tops for the movement. In the foreign list Germans recovered some of the ground lost since the new outbreak of rieting in Germany early in the week. Young Plan 5,5 and Dawes Reparations 7s regained to 3 points and then met renewed liquida- non Elsewhere the foreign list was o BewShurda aane>'] Markets at a Glance @ s Bremen 78 '36. BKlym Ed 5&A Bklym Blev 634s. Bklyn 3tam éwA BKIym UnGames'45. Budapest 6x . Buenos AR 6w 61 Buff Gen Bl 43481 Bush Ter com 5855, Bush T Bidi 55'60.. me Packing 58'40 < NEW YORK, July 21 (®)—Stocks | firm: tobaccos and fcod shares advance Bonds firm; Germens rally. Curb firm; Alummum 'of America rises briskly | Foreign excharges irregular: Canadian dollar strcng. Cotton lower: favorable uruher co-operative selling Sugar lower; more libsral spot offerings. Cof- fee higher: steady spot market CHICAGO. July 21 barely steady: cocler wex west; disappointing foreign ma Corn barely steady: excellent crop ad- vices parts of Kansas. Cattle steady to highe:. Hogs active and_higher EARN 10°- WITH SAFETY Gold Debenture redeemable on 60 - Grain Market GERETi8 g5 BaYY PSR B IS B D 30 P D e 8 D e i e B S e asy e Banm w‘ P | By the Aesoeiated Press. CHICAGO, July 21—Wheat values' segged in the late dealings today owing | argely to absence of sustained buytng orce. zp e \Y(‘&fill.!‘il 8. : s | Int Superpwr (30¢) | Italian Superpw A. | Kirby Petrolesm. . ). — .| Export demand for United States | wheat was lacking. although 1.000.000 | bushels cf Canadian was taken today | and an equal amount yesterday. Price declines were in the face of (e fact that picdictions of rain had be:n un-| fulfi'led. After reacting to below yesterday's finsn al! r1ouna. wheat clos=d irreguiar | at Iy decline to 'y advance: com v to 35 down. 0ats to !5 cff and provisions at a rise of 12 to 17 cents. Han | 33 eurl)l Bower 35 61 1t S Raz 55 ‘40 Can Nat Ry 43451 Can Nat Ry ¢%e/58 Can Nat Ry 4148'57 Can Nat Ry 43,555 Can Nat 4145 °63. .. Can Nat 53 69°July Can Nat 5#69.0ct. Can Nordo 634 a4 Can Nor deb 7s°49. Can Pac db 4s. Can Pac 4%4s Can Pac 55°A%'ctfi. | Special Dispatch to The Star. BALTIMORE. Md. July 21.—W! potatoes, oid. 100 pounds, 80a1.00; n: barrel 160a2.00; sweet {buchel, 40a75; vams, barre! asparagus, dozen. 50a bushel, 40a50: beets, per 100 pounds, 1.00a1.50; ebbage, bushel, 50a75: rots, hundred pounds. 1.5023.0 | cucumbers, bushel, 25a50; corn. doz 10al15; eggplants, crate, 1.25a1.50: 3 | tuce, crate, 25a80: onions, per hundred 41« | pounds, 1.00a15": peas, bushel, 1.00a 1, 1.78; peppers. bushel, 160s150: spin- | 2ch, bushel. 50a75: squash, bushel, 30a {50. cantaloupe-, crate, 752250 toma- ‘we& hmper 60a90; apples, bushel, 75a biackberries, erate, 2.0082.50. Dairy Markets. Chickens—Young. 15222; Legherns, 13216: cld hens, 13al orns, old. 11a12; roosters, 8al0; ducks, 12al6;' pigeons, pair, 20225. Eggs—Receipts. 1038 cases: current receipts, 12a13: hennery whites, 15a17: ‘Western firsts. 14a15. Southerm cur- rent receipts, 11al2. Butter—Good and faney. cresmerv, 16220 ladles. 12a13; process, 14a15; store packed, Spots were Norragans 3 odmy 8 Live Stock Market. | %% e b Cattle—Receipts. 700 head: slow to Fruits—Waterme)\ons, 25a60: canta- steady. Steers. good to choice. 7.00a loupes, North Carolh1a, 150a2.00; Cali- 8.00: medium to good. 6.75a7.25: fair to fcrnia. 2.2582.50: aples, Transparents, medium, 6.35e6.75; plain to fair. 550a 50; peaches, 2.00a3,50; pears, 3.50: 6.25: common te plain. 4.25a5.25; bulls, = gages. plums, 240: apricots. 2.00; 1] medium to good. 3.5684.00: fair to me- oranges. 3.50a4.00: lduons, 6.0028.00; | dium, 3.00a3.58; plain to fair, 2.75a3.00: 'limes, per 100, 1.75: ;oo grapefruit, common to plain, 2.502.75: cows, good 5.00; honevdews, 1.75a200; honeyballs, to_choice, 3.7524.25; medium to good, | 3.00a3.25: blackberries.3.0023.50: huckle- | 713252350, fair to medium. 2.50a3.25: berries. 480; raspberries, yred. 9.60; alli- plain to fair. 2.00a2.50; medium to good, gator pears, 1.50a2.00; !inams 1.25a 550a5.75; fair to medium, 4.75a5.25: 2.00: grapes, Malagas, 1.7 0084.75; common to| Veze!sbles—?omtoes barrel, 1508 ; fresh cows and spring- 2.00; sweets, bushels. 50873 2-peck baskets, 50a75; corn. \1 00; broe- snma and’ hmbs—lemw 400 head; | coll. 3.00; cabbage. bushel low; sheep, 3.5023.75. 25: okra, 2-peck bukm Hogs—] 300 head: su-:dy bban 1.00; limas, 1.5082.00; | Lights, 5.25a5.50: heavies, 5.25: | 2.25: lettuce, Iceberg. 3.7 medium, 5.40e5.75; light pigs, 4.75a! | York. dozen, 50a60; peppers, 14 Toughs, 3.2524.35; pigs, 5.10a5.50; Ohio cucumbers, 50a75: carrots, bunches, 2.00; beets, per 100 bun:hes.‘ and western hogs, 10-20 higher. Culves—Recelpts, 100 head: steady.|2.00: eggpiant, 2.00. asparagus, 1.75a Calves, good to ehoue ssmse com- 2.50; mushrooms, 1- pound boxes, 61 mon to medium, 3. ‘CHICAGO LIVE STOCK MARKYUT Ray -- Gnln. Wheat—No. 2 red Winter. garlieky. | cpicaGo, July 21 (#) (United Staty's | Department of Agriculture). — Hogs-\- éoo( new, 51; ~ulyiv21 2Aru'gdustm:ll‘ 3 e €12 | Receipts, 16,000 head, including 5000 g"orh;kzflsau. No.'3, 5114; No. 4, "“"‘“"*"‘m““;§~ 10 ‘f’s&su”.“"*"d‘?““;’,“} 2 S0wSs to up; - pounds, 4.75a ol No. 3 vellow, spot. Semestie: |485; top, 490; 250-810 pounds, 455 barrel. oW, T PCT| 480 140170 pounds. 4300480 pies | Oats—No. 2, white, domestic, 30a32. | 57oa425: packing sows. 320a4.15: light |hfiht good and chcice, 140-160 pounds, Rye—Nearby bag lots, 40842, 14.40a4.80; light weight, 160-200 pounds, 45504.90; medium 200-250 { . nonme. General hav ‘mnrkfl, is quiet. Receipts ample of 0ne ™ 10000 hnw eight. 250- | timcthy, but good mixed hay scarce and SEGTTE So WIS S YL SE R SO0 medium and good, 275-500 pounds. 3.2Ca g a premium. Prices range from 112.00 to 16.00 per ton, as to grade and 425: pigs, gocd and choice, 100-130 pouncs, 3.7524.50. 65'2 T gl 0 8415 641 g;’ kind: latter figure for choice clover s $100% 1004 1001 Mixed. The poorer grades of timothy ™caiife”Receipts, 4,000 head: calves, 3 11,500 head; fed steers and yearlings fully | rex City Gn‘gt " are irregular in priee. ——— | steady; grassy kinds dull. sbout stead: PARIS BOURSE PRICES. butcher she stock firm; bulls stror exas Bies 55 60 Wi 7o'z Tl4 T | 10 higher: vealers 25 to 50 PARIS, July 21 (#).—Three per cent | 1.159-pound beeves at 9.25. rentes, 80 francs 95 centimes. Five Slaughter eattle and vealers: Stee per cent loan, 100 francs. | good and choice, 600-900 pounds, 7.258 Exchange on London, 90 francs 96 9.25: 900-1,100 pounds, 7.5029.25: 1.100- | | centimes. The dollar was quoted at 25 | 1,300 pounds. 7.50a9.40; 1.300-1.500 jg, |francs 52! centimes. pounds, 7.509.50; common end medfum, 600-1.300 pounds, 4.00a7.50. Heifers, good and chotce, 550-850 pounds, 6.25a7.75; common and me- dim, 3.5026.25; cows, good and choice, 3.50a5.50; common and medium, 2.85a 350; low cutter and cutter, 1.75a2.85; bulls excluded), good and choice (bebf), 3.50a4.75; cutter to me- dium, 2.00a3.50; vealers (milk fed). good and choice, 5.50a6.25; medium, 4.5025.50; cull and common, 3.50a4.50; stocker and feeder cattle, steers, good and choice, 500a1,050 pounds, 5.25a 6.25; common and medium, 3.50a5.25. Sheep—Receipts, 12,000 head: most ly steady with strong undertone; noth- Ing done on Westerns; good to choice native ewe and wether lambs, 5.5025.75: few 6.00; some held higher; bidding 5.75 on choice Idahos: lambs, 90 pounds. down, good and choice, 5.5026.25; me- dium, 4.5025.50; all weights, common, 3.0024.50; ewes, 90-150 pounds, medium to cholce, 1.00a2.25: all weights, cull and common, 50a1.75. U. S. TREASURY BALANCE. By the Associated Press. Butter—One-pound prints, 93 score, | 22; 92 score, 21; standards, 20; tub, 93 | score, 21; 92 score, 20: standards, 19. mment graded, | £; standards. 19':; mediums, ! henuery, 16al€ current re- | | c&'pts, 13a14; Western, fresh, 14a16. Aoultry, alive—Turkey bens, 12; toms, 107 crooked breasts, 10: Spring broil- ers, Plymouth Rocks, 212 pounds ana over, 19a21; 2! pounds and under, 16a 18; ) hode Island Reds, 15al7; mixed colors, 14a16: Leghorns, 14a16; hens, | colored, ul‘: ml l:omrsli 3.!] Real Estate Mortgage and Pou v, ressed—' eys, hens, toms, 13: crooked breasts, 13;" Spring | 1610 KGulunly Corp. broilers. - Plymouth Rocks, 21: pounds 2 s e 22824: 215 pounds and under, de Island Reds, 18a20; mixed 17a19; Leghorns, 17al9; Leg- 15; roosters, 11; Long lsland ». Quarterls. Partial paiment plan if desired. See Guil Barber Natlonal 6125 N Nia-Sh Mfl 5% Nor & Wn cn 4s North Amv Co 5561 Nor Am Bd 5sA ‘ST Nor Am E 51363, N Ger.Lloyd 6s47. Nor Par 43°97.. Nor Pac 4158 2047 Nor Pacr 1 652047, Nor St Pw 53 Rndw Wholesale Sales Br the Associnted Press. ‘The Comumerce Department reports that wholesaling of radio sets and eguipment is highly concentrated. geo- graphically, with New York, Illinois. Pennsylvania, Ohio, California and New Jersey accounting for mearly 70 per cent of the total volume. New York City is the ledding. whole- sale market with nearly one-third of the total for the United Btates. and is particularly important since many New York City ‘establishments have built|CpgqQildv3isss up_national distribution. | CE&Q 111 av 454y Chieago is second in importance. f0l- | opy Grt West 4559, lowed by Newark, N. J., andl.8an Fran- | o x1 & stp gn 4589, cisco. These four leading cities handle | Ghi zr & Stb 4 somcs 50 per cent of the total whelesale Tadio | ¢ a StPED 58 ‘35 business in the United States. CM A DNt . — Ch1 & NW gn 48 '87 Washington Stock Exchange! ¢ BALES. Capital Traction 5s—8500 at 38: AFTER CALL. ‘Washington Gas 6s “B"—$100 at 991, Potomac Electric 67 pfd.—10 at 10775 Bid and Asked Prices. BONDS. PUBLIC UTILITY. 4758 89 S 5 FiH SESHEN I LS Car Clin &0 6s'52. SE5E EESERID Cent 11l E&G 5551 Cent Pac 1st 43 "48~ Cent Pac 5560, Cen Ry NJ g5 Ches Corp 53°47. C & O gen 4358 * ©h & Ohicon 58 '39. |CB&Qgn 4 CB&Q+is CB&Qrtos S 52322 Oreg-Wash 4s Ortent Dew 53458 Orient Dev 6s'53. . "| PacGEESS 42.... “ 10 f | | 1403 colors, horns, ducks, Authorized Service United American Bosch Magneto Corp, (Robert Bosch & American Bosch) & Splitdorf-Magnetos MILLER-DUDLEY CO. 1716 14th St. NW. North 1583-4 Pac T&T rf 585 10015 1001 Pac T&T 1st 5. 108 Paramount 6s ‘4 Param-Pub 5% §0. Paris-Ly M 6353 .| Paris-Ly M 7s ‘58", 4 4 Paris-Or 5lgs '6F. . g Penn 4% s D'31. Penm en 4145 °60 Perm gn 412566 Penn 4%s Dy Perm 4% < ‘6. Perm 53 °64. Penm gen § Perm 6z Perm P&L 4% 81, Speeial Dispatch to The NEW YORK. July 21.—Under favor- o3, | able weather conditions in virtually All Y 103% ! sections of the South, prices en the + 10315 | Cotton Exchange today eased off slight- 6. ! 1y and closed 3 to 5 points lower than a0y, | yesterday. An improvement in the tock market helped maintain prices within a narTow range. | reduced 5 points te 5.75. Cotton range o OBtYP bacon, 15; lard, cempeund. 7. Live stock — ‘:loc. lwht 4.7525.00; | medium. 4.75a:% 3.0024.75 pigs, 4.00a500 muzhs 2.00a3.00; | calves, 3.0025.50; \imbs, 4.00a5.50. 10 CM RI&P rf 4s'34 Chi R1&P 4356 5! | Chi R'I 442 #760 CTH&SE 1st | CTH&SE in 55 '60. . °hi Un Sta 5&-B6%. Chi Un Sta 6%4s'62. C& W Indcn 4w52. C& W Ind 535562, ‘[‘MIQGIH Chile 6561 Sept. | Chile Cop db &84 | Chi Mtg Bk 6245 ° © | Ciht Mz BR6%s 51 .| cecast L4ss £777 v Term 438 77 121 3¢ 15 98N, 1081 Money on Hand to Loan on First Deed of Trust 6% Interest Reasonable Commission and Prempt_Replies to Applicatiens JAMES F. SHEA 643 Indiana Ave. N.W. P 8o Ouleans el v Y P & L s 67, 83 fir; 5010712 '.C Peru 63 '$1 Pow %\ Phila Co b Phila & Rewt 0u 40 snm QUOTATIONS. 3 . 5%8°39 | NEW YORK. July 21 (#.—Ncon sil- Brvelly Ta 52 e, 3 * 1 ver futures quict: sales, 75,000 ounces. Tolamd 7a.'47. July. 27.15 bid; Sepiember. 27.33 bid: Poiana Sx 50 . 2745-58. Decembsr, 27.70-80; Port Gn El 414360 | January, 27.82-93. Por R Am T 63 42. Sty & C 5888, I PosTel.&C POTATO MARKET. PragueTi4s ‘52 Prussis s '5Z. . CHICAGO: July 21 () (United m';:(;?';snfl States Department of Agriculture).— PubSv G 4487 Petatoss, 89 carloads: on track. 304; Pure O1l 5% e'37 total Uw‘sc,m¢l'1‘llnmts,_“‘li?5 'upel.li: hexvy ically no ng: mart Puuo; 5’:,::-, vy @ul: Kansas and Missouri Cob- b . b'ers neaily all kinds shewing slight 1o { heavy deca; Operators asking 35-75 Queensiand 7s°41.. Read gni4148 A '97, | cen's according ta condition. Too few sales to quote. Reading 4%s B'97.. Rem Arms:@s & 37 "| Rem R B3 sb’ 47 ww Rhinelbe U 7848, . Rhine Ruhr ¥ 53, . Rhine West 6x'SZ. . Rhine West 63 '53. Rhine W 63'55 ww Riode Jan 64a 63, Rin Gr W 1st 433 B2 Asked v Tel 1 5 Amrrd e Sl e ] Amscostia & Fot. E. K. Anecostia & Pol_ Guar, 58..... & Suburban Bs ... Georactown Gas ist 86 Fotomac Elec. Cons, &'« Potomac Elec, 65 e & M ver i Washinglon Gas 41:5... vachington Gas 5. Wi '% < 6 Clev Ter 534sA " l“" !0gne 613s b0 Colomb 6®-63 Jam. . Colomb 63 '61 Oct Colon O] 65°38. ... Colo & Sou 4345 30 Col G&XE s 52 May Col Gas&k:l 5u-'61 Com Inves 53, 5 Cons C Md rf 53 50 Con GNY 448 51, ‘mm() NY 5845, Jon Pwr Jup 6%s. . 2615 | 27w | MISCELLANEOUS. nc.. 3¢ Fas OLDEST_ NATIONAL BANK in the District of Columbia 83383 aezazasiznsasasuing EEN FLREEN] STOCKS. %UC UTILIT Y. Te Doex fasaldld Uniformly Good Service Amer el & Tel. | Capital Tiaction Co. (i) Cen Pow Japan T Yasn, Gas Lient Co IR0 0 20 | Consurn Pow bas: g pid 20612 Capennag 41535753 P : Capenha, 2 Waesh. Ruy. & Elec. com. (1! b 5 0N & Blec ptd s ¢ Cuba Nor 5155 42 | Caseno 5351 Del®Hud ref 4543 Detde Hud 5%s'37. Demwhaik 43;s 62 | Denomrk 6342 ! Denver Gas 5s ‘51 CHICAGO DAIRY MARKET. CHICAGO. July 21 (P.—Bu'ter, 10.029 tubs: uns - cial (93 sccrs). 18%,a191,: ~ w5 2 score), 18'; extra firsts (80-91), 17a firsts (88-89), 15a16; seconds 12-14; standerds (90 cen- 18, Bzgs $701 crates: mm firsts, 14; fresh graded, ; current receipts, 11al2s. 2. 2585433 TSN 23258 —Whatever —The Times In all #se One Hundred and Eighteen years of our existence, there never has been a time when “Metropolitan” serviae has been found wanting. ¢ These difficult times emphasize the advan- tage of doing business with such a bank. Our facilities are at your disposal. mere.y repr 2 The Washingion Stock Echange NATIONAL BANK o KANARLD mBo P capitat (14) % b} mped) (61 Yerure Reyal Dutch. ¢w u'. Rumanix 7s'59. . |2 StL IM R&G t!fl ‘5 I He & @i Low. Close. 465 35% " gales Mg 10 46 7 38 10115 itan A ) 8 Tokie 5% ‘61 Tokie Wl Lt On EIPSL ref 6 s Un Pac 15t és o’l.. 17 Un Pac 4568 Un Pacrt 48 2008. . \z Un Pm%:":, E Unit Drug Utd King 6%s 37, 2"" U S Rabber 68°47. 16 Un St W L34 TSt WELsAS Otah P & L5 Otil Pw 58 '59 ww. UUT Pow % 4T, 2 AN —Foanatead -x;a»..- 2 H el ™ v i# TRUST COMPANY. Amer Sec. & Tr. Co. (15) N & Tr_(12)) 3 corges Bl & @ Union Trust (8c Wash. Loan & Trust (14) SAVINGS BANK. ad (9e) Whshington Duquestd 41567 | Dutch £ait I'6w47. ‘ Erie 4s B 58, o gen g% Y 1 Erwe cv 42 A 53 | Erie ref 5m°67 Erie ref 575 | Fiat deb Tav 16 | Finiand 5148 58 ! Finland 615x 58 | Finkand 7s ‘50, | Fixk Rub 8s . French Gov 7 | French Go 7 y..-'u B {Gesenk'nen 6s'3A_. T 39 Gen Saking 5%eA0 11 93% Gen Cable 5348 fifl. 3 404 Gen Moturs 68 37 20 10U Gen Th Eq6s'40. ., 13 Ger Ceat Bk 6s ‘38 Ger Cen Bk 63 €07, Ger Cen Bk s 60 O, Ger Cen Bk 7s '50. - m { Ger Gen Elec 65’48 3§ Ger GenEl7s 45.. & 42 Ger Gov 5lem 86. 388 4% German6ts$9.., I 38 German Ren Ie 48 148 ' R4 , . GondHopeS&l 7646 1 30 Sou Ry €% 5€. Goodrich &8 46.... 30 * 35k StOINN J'sx “ . Goodrich 6%8°47,. 9 4 SIOI N ¥ 41s L. Condvr Rub 557 ;n 9 Swise5%s ... Grand Trunk 68 36 22 % | Grand Teupk 7" ;:"czn'u?i: Bad L | GrtNor 4%a £, jrn r58C'73 UPEKC ST. 3441 | St P Un Dep 58°72. Swo Pau Ts ‘& Sao Paulo 8 '50. Smxan P'W 63%#51. Smxon 13 Seab A L adj Seabd A L 6s A "46. Serbs-Cr-S1 7s '62.. Serbs-Cr-Si'3s #2. Shell Un Qil 58 47. Shell Un 058 49ww Sinc Of1 6% 8 B¢ 38, Siac Ol 7s 5 37..... SncCrO5ks 3e. Sing P L.5s.'42. Skelly Of1 5 Yoo 3. Sou Hell TAT §s°4 SW Bell T 53 A '54 ! Scu Pac col 4s'43 Sou Pac ref 4w Sou Pac 4% i Sou P e 99 we. Sou Pac 4%s'81... Sou PAOT 43%e AT Seu Ry gm 43 'SE. . Tou Ky gen 69'56... . = RS GE oS awew eSS ~mmn—t .5 .32 | p 435 280 §30 b ) 10y} Market Averages By the Associated Press. FIRE INSURANCE. American (12) co.an (10) Femen's Eona vmion (181 TITLE INSURANCE. 13 118 flocn 2 POREIGN BONDS. Alr Prov 7s 52 31 218 o150 20 20 : muus Rails. Ut Tots 30 e cow i 555 278 Bia 555! o0 b0 00 e tw-n—n am TR Wabesh 151 58 TS | Wannsh 2668 39 | Wabash Ul.q‘- Wabash & walworth 6s A | Warn Br Plo 6¥39. Warn Quin 63°39. . | Warran Bros €8 °41. Wewe Hl A 5@ 44, West Mid &ee & 2. West Md 55‘&-‘ '77 West Pac5® ['Wesr t'n ol tr 68’38 Brnsss EH 4 145 seusgie MISCELLANEOUS. ol Medical Blds, Corp. (&) D: . 928 285 $EE ¥ ¥ 3 2USRSaIRus2 NoonBeiks. Pt < bttt k High, 1931 T 1531 High, 193" Low, 1933 s 8=8 <A ERa| 58g| £ £8a $ Fed.-Am. Co. pfd L-m.%n Monetyoe (6 P an,- Ealis ORL To 5 Se o e Natl Mige. & Iy Peop =, .9 ‘-".3 4 & & « i) 232, S5 . 33g53mas! - s neanoom » Weodward & Loihron om. (136} Weedward & Lothrop »fd. (1) x. dividend. 57" !xtrl b) 1% ex&rl elhz% Fifteenth Street Opposite U. S. Treasury Grt Nor cn 78°36. . Greek 63768 Hudson Coal 55’62 8 azw‘!s Hud & Madj 68’57, 12 lswal % ‘Treasury for July 19 were $3.727.230.82; erpenditures. $11.138,. 599.64; balance, $211,396,110.47; custom duties for 19 days of July $10,865,697.27. gasugese Pt ESIESSSZEESQ: W11 & Co Iat 63°41. 7ol Wiy ComtTrm 4w'30. 1 tn S&T 58 A'T8. tn S&T bs B’ - XW—_without warrants. n—New. Wi -When jesued, ERTE P TP 32 Tob PNI CHa2033 55 38% Toho ElPw18°66., 10 5% extra. (Copyright, 1933, Btandare Btatistics 0.)