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The Pittsburgh Press from Pittsburgh, Pennsylvania • Page 33

Location:
Pittsburgh, Pennsylvania
Issue Date:
Page:
33
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MONDAY, MARCH 4, 1929 Othet TfepafhnenU, Court TS4S0 Want Ad Headquarter, Court '4900 THE PITTSBURGH PRESS THIRTY-THREE CIGAR COMPANY BLASTFURNACE New York Curb Market Operations GOTTONJNDEMAND 'UBLIC UTILITY ISSUESOFFERED Trade News Continues Fa MORRIS BANKS PLAN LOANS TO RETAIL BUYERS EARNINGS FALL IS REMODELED vorable; Rains Reported. Bp The United Press. American Earns $12.11 for Carnegie Steel Completes mportant Financing Part of new YORK, March 4. There was better outside demand for cotton several points and new highs on the movement were attained by the American super-power issues and American Foreign Power warrants. Cities Service featured the oils, selling at another new record high for the present capitalisation.

Fox Theaters met profit taking despite authentic reports that William Fox had purchased majority control of Loew's Inc. and would run the property In connection with Fox Theaters. Aviation shares continued In the limelight with Aviation Corporation of America nearly 10 points higher at a new record top. Bliss also met strong demand. Some profit taking developed In the industrial list in the late trading, but good sized advances were scored by Checker Cab, Crocker Wheeler and Hart Parr issues.

Utilities also met a good demand after early steadiness. Electric Bond and Share Securities moved up Bv The United Press. NEW YORK, March 4. Action of the market In Saturday's short session indicated that the technical position of curb stocks was excellent and further broad buying activities went ahead unabated in today's session. Relatively high money and uncertainties over Hoover's inaugural address failed to dampen speculative enthusiasm and sharp advances went ahead in many sections.

futures in early trading today and Year 1928. Improvement Program. Today's Program. trade covering increased the interest The American Clear Co. twwrf ln the near months at the opening.

Selling came principally from the South and brokers with Japanese conections. YOUNGSTOWN, March 4. New Nation-Wide Chain of Branches in Shops Will Lend Consumers Cash. Public utility financing, both in for year endine Dec. ai inct no Trade news continued on the up profit of $2,767,079, after charges and Federal taxes, eaual after nn.

the form of bonds and stocks furnished the bulk of new securities placed on the market today by banking houses and syndicates. Of the grade with a million pieces of Grap and print cloths sold last week in Worth st. The weather map SEW YORK. March 4. Followtn fa No.

2 blast lurnace vm of Carnegie Steel Co. has been rebuilt and enlarged and Is now ready for operation, officials announce, thiys completing one of the most ambitious blast furnace enlarge Low I This Sale I Edit. IHlrhl I Sale! High 1 Sale I Low Sale erred dividends to $12.11 a share on 200,000 common shares, compared I This Edit. Sales fin 1.000) Sales (inlOO ol stocks traded in today on the ew total of $28,581,500 in new offerings. Tnw 1 do A Dfd 92 153 102 1 BostonConGas 6s47il02 1 Am Solv ww 6 87 4 $18,581,500 was in the form of bonds MiS- 329 75 zPhelps Dodge Cor 97 87 wiin net 01 $2,877,943 in 1927 or $12.44 a share.

snowed neavy rains from the sissippi valley eastward. (x indicates odd-lot sales; indicates ex-dividend. 3 Can Nat Kya 7s 35 109 and the balance consisted of a single 1 do new 109 109 Juarca Tin. Sfrf Dt Purchases be inau-fZZ? industrial Firi- 12 do 4s 67 Pick (Ai uartn ct 94 88 Lsst INDUSTRIALS AND MISCELLANEOUS. 1 do Did issue 01 snares in a public utility company.

High. Low. March 20.68 20.57 May 20.70 20.6O Report Of FlKChmnn Ax Firm 20.o 20.66 2 Peoples LAP 2 Pierce tc pfd. 83 6 18 65 2 36 65 17 tow This Sale I Edit. i Hien i I Sals I Sales in hnndreds.

July 20.25 20.18 20.22 1 1 Pierce Govern Co I 94 87 89 89 99 89 90 95 for 1928 shows net sales of compared with $803,995 for the 94 87 99 89 99 89 90 95 Today's offerings follow: Power Corp. of Canada, Ltd- OctoDer 19.85 99 89 99 89 80 96 6 Pit-ttow rostai me 19.t8 19.93 10 38 1 13 do pfd new 10 38 1 10hi 38 1 ment programs In the country. All six stacks in the company's Ohio works group have now been remodeled and their capacity increased from 500 tons dally to 750 tons, rated, with actual capacity of 800 do new iu.84 18.88 December 20.01 19.98 000,000 4tt per cent 30-year con 4 Cent St El 5s 48. IChi PnTool 6s42 1 Childs Co 5s 43 26Cig St Rlty 5s49 1 Cities Serv 6s 66 3 do Gas 5s 42. 54 do 6s 52 1 Cleve El Hlu 7s 41 2 ColRivBdge 6s43 45Cmwlth Ed 4 so 7 2 ConsGasBalt5s52 9 Capitol Admn rgn Li 19.99 18.88 12 months ended Dec 31, 1927.

Net profits from operations amounted 144 118 January 19.89 19.94 1 Pwr Corp Can Ltd 106 176 106 106 178 106 178 106 106 WOOL Power secur Corp, 8 do pfd 25 82 to $409,062, and other income in vertible debentures. Priced at $100 and interest. Offered by Aiselin Co. and Nesbitt. Thomson 86 98 96 98 BOSTON.

March 4. Trading on 96 88 250 xProctor tc Gamble! 3694 43 15 13 4a 15 13 43 yi 1 13 cluding interest, was $37,346. as against $93,488 and $5,491, 105 100 1 propper 105 100 105 100 tons. Aggregate rated iron capacity of Montreal. 70 xPuset Pw 6 pf 144 original bag territory fine wools is slightly in the buyer's favor.

Some sizeable blocks of these wools are 144 144 4 Reeves JJ Shawinigan Water Power Co. of Ohio Works furnaces, in basic and 84 25 2 Rous Koyce rights 37 98 40 12 75 52 74 54 4 Con 6s 68A 5 Con Oil 5s 37 3Cudhy Pck 37 10 Det Int Br 7s 32 1 Det Int Br 6s 62 $6,000,000 mortgage and colla 11 Rad Co Am pf being taken out of the market and American Smelting Refining 84 25 30 9 62 28 Bessemer iron, is now more than a minion tons annually. 84 26, 31 64 29 teral trust sinking fund 4 per cent 30 9 62 1 Kainoow i-u Pr 2 Raybestoa Corp belief Is current that a stable trad 13 Dix Gulf 37 A bonds, series B. due on May 1, 1968. 12 Republic Brass earned $8.24 on common, against $6.55 a share ln 1927.

ing basis has been reached on fine 28 108 2 do A 1 Renetti Candy 111 111 Chandler Markell, assistant blast 10 Fair Mor 5s 42 wools. Ohio fine delaine is firm at 111 91 89 16 Fire Cot Mil 6s 48 4 Ren Mtr Trks ctfs raced at $93 and interest to yield more than $4.90 per cent. Offered by Brown Brothers Lee Hig- 156 u. S. Realty Improvement 155 157 4 Fire Tire 6s 42 18 Reynolds Metal cents tne grease.

The on 56's and lower grades remains 89 85 98 85 93 86 40 95 92 84 95 89 904 86 99 100 82 83 97 106 245 245 1 Fisk Rbr 6s 31 no ma 245 119i 119 119 furnace supermienaem. oi me Haselton blast furnaces of the Republic Iron Steel has been promoted to superintendent. He suc- .1 Richmd Rad cv pf ginson Co, A lax Brown fc Sons. unsettled. 1 3 48 78 35 60 41 45 88 27 4 Acoastic Prod 6 Aftra Ansco 1 Allied Packers 4 Alum Co Am A do pld 4 Am Arch Co.

i Am Beverag-es Am Brown Bot 75 Am Cigar Am Com AI "Am Cotnw Jfwr A. do 14 do od wts ynamid 39 Am Dept 10 Am For 4 Am Gas in Am Hr Trao 150 xAm Meter 4 Am Mat Gas A tn Underwriters. A Brit 149 Alex Indus 20 Am cts do part pfd 5 Am Stores 59 Am Superpwr A. 24 do 1 do 1st pfd 1 Amsterdam Trad 10 Anrlo-Chil Nit 1 Aviation Credit 1 Am Cities A 2 do 4 Art Metal 18 Asso Gas Elec. 19 do wts 2 Asso Rayon 9 do pfd earned $4.70 a share in the nine months ended Jan.

31 against $4.65 in the same period of the preceding 16 88 95 98 85 91 86 40 95 92 84 95 89 80 86 99 100 93 80 97 106 99 100 86 I 78 89 85 98 85 91 86 40 95 92 94 95 99 80 96 99 100 93 80 97 106 99 101 98 178 6 Fab Fin 6s 6 Fla Pwr 6s 54 13 Gtneu Pr 6s 66 1 Gat Pr 6s 41. Jackson Curtis and Minsch. Monell Co, Inc. 1 Kitter 6 Koch Cent Pwr. 1 Rolls-Royce pfd 4 Ruberoid Co 45 17 21 cpric wiiiiam a.

xxttvcu, wiiu re year. 16 45 17 21 93 39 51 89 City of Toledo $2,154,000 4 ia 46 4 17 23 94 40 61U 92 Produce Exchange 4 Gn Lnd 6 37 18 Gn Ry Ltd 6s 48 93 37 Safe-T-St Co 40 St hi Abitibi Power Paner 1928 deficit 1209 148 and 5 per cent bonds. The 49is comprising $530,000 are due on Sept. signed to become identified with the Arthur E. McKee noted steel company engineers, Cleveland.

The MfiKee Co. will design the new sheet iutut. juarcn 4. rolowin? la list 14 St Regis Paper 36 61 89 after dividends was $1,118,136 against 1 Gn Vnd Cp 6a 12 Gerg Pr 6s 67 1 Grd Trk 6s 1 Glf Ol Pa 37 oi securities iraaea on tne New York 4 Sh On PC to 1 112 rrouuee ticnanje loaay: 112 115 6 Sch Estate 22 30 30 15, 1930, to 1954 and are priced to a surplus of $1584.574 in 1927. 89 101 111I117 13 Sec Am Inv 1174 47 19 Glf Fa 5s yield 4.40 to 4.75 per cent, while the 99 i do pld 115 115 3 Gf Sts Util 5s 56 A 96 mill plant at Monroe, to De started in April by the Newton Steel 3700 Aero Klemm 38 Selected Industries 25 nves, totaling $1,624,000 are due on 4 Hd Rubbr 5 361 78 Bucyrus-Erie earned $2.42 a common share in 1928.

99 31 41 23 42 5 111 6s 571 95 12 do pfd 100 14 Serv-el Inc ctfs 1 16 June 15, 1930, to 1933, and are priced this city. lOO Amn 100 Airway Elect. 200 Allied pfd 600 Alied 94 100 6 Stewart Warner 70 106 29 Loft, earned 29 cents a share 1 Stein Co 34 In flat rolled steels, the Midwest 60 1 Sharon Steel I 42 1 Sheaffer Pea new 1 63 1700 Andes Pete. 2100 Assd 3500 do rights. 94 100 106 98 87 84 84 101 81 no 2o 100 16 70 34 42 63 83 60 60 31 120 to yield 4.50 to 4.75 per cent.

Offered by a syndicate comprising Halsey, Stuart Co, Inc, R. Day Co, R. W. Presprich Co. and Dewey.

Bacon Co. 5 111 L5 64B 100 4 lnd 6s 39 106 6s 57A 98 lint Sec 6s 47.. 87 2 Intrst 6s 67.. 94 2 Intrst 6s 52.. 94 4 Inv of A 6s 47 101 1 I LiP 6s 67A 91 6 Kelvnator 6s 36 I 74 in 1928 against 48 cents in 1927.

Kaufmann Department Stores Co. iron and steel trade ris operating fo the first week in March as close to 11 2o xsherwin-vy uims. I 83 88 87 94 84 101 81 174 28 8 Sierra Pac Elec .161 72 nhvsical capacity as possime. steel 28 Sikorsky Aviation 60 earned $2.12 a share in 1928 against 1 17 Atlantic Fruit tc 130 Silica Gel ctfs 31 nlants are also being pushed for Pacific Public Service Co. 43,000 50 1 74 a share in 1927.

400 Bagdad 600 Big lOOFin lnd 200 Heyward 200 Int Ger 100 Iron Rite 10O Jenkins Tel. 200 Kullman 600 a Lasine. 150 Sliver Us) Br P1I120 Alias Port Cement 6 Auburn Auto 23 Kpprs 6s 47 99 1 HO 88 shares of class A common stock. production records, to meet require 1590 104 10 xbinger MX Co 690 10 xSnuth. A Corp 169 104 104 12 25 169 1694 Automatic Register 4 do cts 40 Aviation Cor Amer the Morris 25? lt was 6tted today by the latter company Sev! New York stores JfflS-tan the system.

iJSlH anks wUI lend consumers money for merchandise buying, enabling them to pay cash at the tores. The Industrial Financing Which controls the Morris Plan banks in a number of cities, recently absorbed the General Contract Purchase Corp. Channels of the latter company are to be used in connection with the Morris Plan companies in working out the new financing scheme, It is said. SYSTEM OUTLINED. Wallace D.

McLean, executive vice president of the Morris Plan Co. of New York, outlined the system as follows: "Plans are being inaugurated by the Morris Plan Co. of New York to finance consumer credit in several of the largest merchandise corporations of the city. "The General Contract Purchase Corp. has been engaged in this class of business in New York state and.

In fact, throughout the country, for a considerable period. This corporation was recently acquired by the Industrial Finance the organizer of Morris Plan institutions, and there will be a close affiliation between them. WOULD SET LOW RATE. It has been the aim of the New York company, as well as that of other Morris Plan banks and companies, to endeavor to -establish a low rate in this form of finance which will enable the consumer to purchase labor saving devices and other equipment for the home at a low price. "It is our idea that he should be ncouraged to purchase money on time and pay cash for merchandise, thereby saving him the excessive cost that often obtains in this type of business." Produce Market Demand was moderate for today In the Pittsburgh wholesale produce I High Low I Lagt "4 1 8 12 12 12 42 43 42 80 80 80 4314 41 41 111 35 33 34 8 84 8S 4, 3 3 1 1 1 142 14 2H il42 94 9 9 56 Vi 54 54 10H 10 1014 16 i 16 16 18 18 18 7 6 6 25 25 25 7 7 754 11V 11 11 13 13 12 3 3 3H 9 94 9 59 57 54 57 45 45 45 240 226 237 306 300 303 24 4 24 Vi 24 Vi 9 9 9 37 .37 37 V4 28 28 28 37 37 37 Interstate Department Stores Co.

earned surplus of $1,005,694 after 11 Southeast tc L.I 83 K.J SO 39 82 39 86 9 96 16 do wts 40 25 ments of rolling mills. Of the valley's 51 independent open hearth furnaces, 49 are melting and the two idle units are down for repairs. ii Arcturus Tube 600 National Americn' 1 do ptd 107 107 1107 charges in 1928. Priced at market (42). Offered by A.

E. Fitkin Co, Hempill Noyes Co, Federal Securities Corp, Bond Goodwin Tucker and National Bank of Italy. if iiellanca Airoft cts! 102 1 LCD tr 3CC OS 4JAK1. 10 Lou nw5s'57 1 Man Pw 5s'51 15 McCord RAM 6s'43 6 Memp 6s'43A 1 Milwau GL 4s'67 1 7 30 10 Naragnst 6s'57A 4 Nat 6s 2026A 8tJ 99 96 102 99 100 99 SO 114 7 do ctfs 81 80 I 81 86 99 86 102 89 100 99 104 Tel ol Pa pld 31 41 23 42 29 60 60 11 28 72 1 50 180 12 25 83 25 20 114 44 52 47 96 103 10 58 70 26 1 50 75 33 10 12 35 76 46 99 4 Southern Asbestos 44 43 44 100 Speigel May Stern report sales for 44 62 89 31 42 23 42 29 51 604 11. 28 74 IS 50 Vi 184 12 26 89 274 20 114 44 54 474 87 103 10 59 72 26 61 50 75 33 10 13 35 7 47 112 16 38 42 However, the active furnaces are 2 south coast I 22 I 22 2 Sonat Tube 38 I 37 I 38 99 47 Bisw-nnoi 6 Bliss W) Co 4 Bank Chile 6 Borden Co 1 Bristol Myers working extra turns, and thus more 104 104 February and the first two months of 1928 as follows, with comparisons 3 South Colo Pwr 24 I 24 24 97 6 Nat Pub Serv 5s'78l 82 82 82 103 1 soumern ice a i i I 14 I 14 139 than making up for loss of two open hearths.

Of 125 Valley sheet mills, 7 Nat Rub 6s "43T140 7 Neisner Br 6s'48ll07 1 Sterling Sec Corp 34 34 34 1139 1107 iuu in ort uutte 400Splitdorf 100 Swallow 100 Trent 100 Pieton 2700 United Corp 1500 do Pfd 300 Bk America 215 Mfrs. Trust 50 Mer Mfrs. lOO Hudson Cas Ins. 200 Nat Lib Ins 50O Public Fire 100 Sylvania Fire. 15 Brooklyn City and percentage of increase: 10 58 107 60 south 11U illU 1119 1 Qo 1 828.

Cain 122 are rolling, a gain of four over February Jl.432.023 20.8 73 26 4 nana Jidw Mis. 14 Buffalo Niag- Pwr. 5 do pfd 1 do A preceding week. Steel industry in 4 Munson ts 7 For 5s. 3N tc 6s '47 23 do 6s '48 15 4s "67 vor 3.5oD.ouu ou.i 98 I 98 90 I 90 84 94 84 1 94 90 I 80 98 90 94 84 80 61 50 this area is Joining with the coun 10 Bullard Mach Tool 75 6 lnd Pub 6s "56 101 The Orpheum Circuit Inc.

for 1928 reports net loss 8,931 after all charges against net income of try in celebrating inauguration of a new President by speeding up sched 101 103 101 102 33 10 2 Sts Pw 6 1 Capitol 6 Butler Brothers 1 Buzza Clark Inc 8 A Co ctfa. 4 do cum pfd. 2 South Dairy Pr 19 18 18 1 South Stores 22 22 22 3 Spalding (A G) 65 65 65 6 Sparks Withington 184 179 180 2 Spiegel. May 93 93 93 1 Stand Invest 41 41 41 1 Stand Motors 3 3 3 4 Stuti Motors 23 23 23 1 Swift Internatl 34 34 34 1 Travelair Corp 67 67 67 1 Thermoid Co 98 98 98 1 Tampa Electric 72 72 72 2 Taggart Corp 55 55 65 9 Thompson Star Pf. 55 65 5A 12 ules to near capacity.

KOLSTER BRANDES 35 76 MARKED IMPROVEMENT IN INSOLVENCY LIST A relatively favorable insolvency record is shown in returns to R. G. Dun Co. for February, improvement appearing in both the number of commercial defaults in the United States and the amount of liabilities. With the shorter month, a reduction in the business mortality was to be expected, yet the betterment is even more marked than that which occurred a year ago.

Thus, last month's 1,965 failures are 22.5 per cent below those ol 93 99 88 96 98 82 99 98 96 88 Strin and tin plate mills operate 1 Caterpillar Tractor $1,121,469 in 1927. BOOKS CLOSED. SHARES TO BE ISSUED 46 this week at capacity. There is now on makers books enough unfilled 112 112 16 10 Celanese Corp 1 do 1st pfd. 5 Cent Atl 14 Chain Stor Stocks.

103 103 LONDON. March 4. Cull Co. 16 38 42 tonnage in fiat steels to insure a sub NEW YORK, March 4. Books have been closed on the issue of $10,000,000 4 per cent convertible 38 42 144 and Bernhard Scholle Co.

will 4 Cent Public Serv A 14 Thomp Prod A 65 64 65 stantial carryover into next quar 144 144 1 Cent States Elec 1 do pfd 1 do wts ter. Major producing interests, such oSer tomorrow shares of one pound par value of Kolster-Brandes, 115 33 115 33 84 115 33 84 98 97 98 99 94 86 93 78 97 98 97 98 99 94 87 92 78 97 debentures of the Power Corpora tion of Canada, Ltd. 1 Timken Det Axle. 2S 28 28 1 Tishman 61 61 61 3 Tobacco Prod Exp 3 3 3 1 Todd Shipyards 65 65 65 1 Toddy Corp A. 29 29 29 4 do ctfs I 12 12 12 i 1 do 6s with war as Sheet and Tube and Republic Steel, are active at 85 per cent 84 118 Ltd, which has been formed to ac 120 119 4 do cv pfd 102 Checker Cab Mis'.

90 quire British" and European rights average. 95 Buvs Express Cars. 12 Trans Cont A 29 28 29 of Kolster Radio Corporation. The 102 93 96 74 44 65 904 95 74 43 65 74 24 Trans-Am Corp ..1137 136 1137 80 Trans-Lux S. .1 12 12 12 44 NEW YORK, March 4.

Chesa 103 101 102 103 101 101 65 The United Engineering Pittsburgh, has moved its 6 Triplex Safety G. 29 28 28 peake Ohio Railroad has ordered 101 251 261 British company has authorized capital of 1,300,000 pounds. Control will be vested in the American company for at least three years. 261 101 60 xTubize Art Silk. .1443 435 435 1 Ohio Pw 4s '56D 82 2 do 6s '63 89 5 Pac Inv 5s '48 A 88 15 Pac Wst 6 a '35 86 3 Peoples 6s.

98 5 Phila Elec 5 "72 104 3 Phil s'57t 98 1 Potom Edsn 5s'56E 87 2 Rem Arm 6 s'30A 98 2 Richfield 5 31 99 6 Ryeson 6s'43 94 4StL 87 1 SchRE6sw'tc st'35 92 1 Serv-el Cp 6s '48. 78 6 Shawsh 7s '31 87 4 Silica 6s w'62 102 8 Southe 6s 25 A 104 2 Sou Ed 5s '51101 6 do 5s '52 101 1 Sou Cal 6s '37 92 1 Sthw 5s'57A 94 2 Sthw 6sA'67 84 6Std Cp 6s'67 98 1 5s'48 89 1 Sun Oil 100 21 Swift Co 28 Tex 6s "56 98 1 Trns-L 6s'32 ww 120 lUtd 6s '42 82 2 do 6s '52 101 5 Thermoid 6s 105 5 Util tc 6s 98 1 Trans-L ww 6s. 85 1 Rub 6 8 '32 100 3 Van Camp 6s '41. 86 36 West 6s '57 121 7 Westv Ch 6 s'37 103 12 WW Stl 4s'63B 89 1 Wise 5s 98 12 express cars, to cost approximate foundry department from the Frank' ly $240,000, from Pullman Car 92 94 94 88 99 92 94 94 98 99 101 22 100 3 17 Kneeland plant, Pittsburgh, to this 1 Cities 6s pf 2 Colgate Paltnol Co 4 Cohn-Hall-Marx Co 2 Columbus El Pr Co 10 xCommonwlth Edis 1 Commonwith Pr pf 36 Cons Film Indust. 6 Cons Gas Baltimore 3 do rts I 4 Cons Laundries I 12 Cons Retail Stores 10 Cons Theaters 1 Coon pf 1 Courtaulds.

Ltd 125 xCrocker 4 Incontinent 34 33 33 1 do pfd 106 1105 106 4Tob Allied Prod 64) 64 64 1 Tung Sol 23 23 23 4 do A 31 30 31 city, in line with its policy of aug 22 99 3 17 38 19 90 101 23 100 3 17 38 20 93 19 278 January, whereas the decrease during the same period last year was 17.7 per cent. Moreover, the latest-reported indebtedness of $34,033,772 is 36.8 per cent under January's total, while there was a falling ofl a year ago of only 5.5 per cent. Nash Shipments Larger. NEW YORK. March 4.

Nash Motors February shipments were 12,070 cars, compared with 9,057 in February, 1928. Manufacturing Co. Rayon Yarn Cuts. 38 menting foundry capacity in this 100 100 100 100 42 Air Travel 81 I 90 90 20 93 district. The company is busy on 87 97 120 120 CLEVELAND, March 4.

Indus 19 19 92 92 plans for new rolling mills and other construction. It has been 266i275 Koppers Buys Mines. The Koppers Co. of Pittsburgh has purchased the Black Betsy Consolidated Coal Co, which operates three mines in Fafayette County, West Virginia. The purchase price was not made public.

1 do pfd 74 4 74 1 Biscuit A 72 73 72 1 do 31 31 31 1U Carbon 73 73 73 1 do pfd 100 100 100 1 Sub-Ser 21 21 21 53 100 104 100 104 Do I bit trial Rayon Corporation announces price reductions on rayon yarn, to 117 117117 given contract for a 40 -in. bloom 3 Crowley 1 Curtis Pub Co. 5 Curtiss Aero Exprt 1 Curtiss Fly 49 48 98 95 ing mill for the new plant at Am- conform with cuts by other domestic 100 16 Gas 37 36 36 24UElSvcwts 3 3 3 69 Gas Imp 188 1186 187 bridge, Pa of the A. M. Byers Co.

companies. 88 95 100 86 120 103 10 Davega, Igc 88 49 23 33 32 42 28 23 33 32 42 29 23 33 32 41 27 6 Davenport Hosiery. 120 60 Lt Pwr 38 38 38. 17 Cons Aircraft I 102 88 35 Cons 88 1U Milk Prod I 15 lo 15 9U Chem Inc 54 54 54 2 Piece Dye 107 106 106 609 609 :609 98 98 25 Deere Co 39 De Forest 14 9 Foreign Sec 62 60 62 22 33 FOREIGN BONDS. 22 34 86 152 21 33 152 25 47 152 1 Agr Bk 7s'46l 86 I 86 1 Antwerp 6s '681 81) 81 1 Bogota Mt 7s "47 81 81 4 Doehler Die 1 Domin Stores Ltd 5 Douglas Aircft.

4 Dresser Mfs 1 Dubilier Condenser 2 do pfd 54 1U Foil Co 70 69 69 2U Freight 106 105 10t 2 Gypsum 64 63 64 4U Radiator 56 53 56 81 81 25 47 25 47 103 1 Buen Air 7s '471103 1103 9 9 9 92 92 185 11 do ctfs I 54 50 63 188il85 150 xDuke 87 94 95 1U Rub Reclaim xi zi I zi 88 Elec new 20 Durant 86 18 22 Universal Aviation 25 24 I 25 92 15 61 16 53 80 62 Eastern St B. 273 279 40 Elec 1074 1 Elec B43 Se pf 8 Cauca Vally 7s '48 82 1 Chile Bk 6s '31 97 6s '371 87 1 East Pru Bk 6s 30l 96 5 Estonia 7s 86 1 Eur 7s 81 1 Finld RMBk 6s '61 86 3 Frank ft 6s "53.. I 93 4Gelsenki Mi 6s '341 89 11 Ger Ln 7s '47. .1 97 2 Ge 6s '581 87 1 6s 68A 85 20 Elec 111 43 6 Universal Pictures la iv xt-ra 6 Utilities Pr Lt 43 42 43 6 Van Camp pfd. 35 35 3o lVogtMfg 34 33 33 7 Van Camp 34 33 33 SWaitt Bond B.

20 20 20 5 Walker 83 82 83 4 Walgreen Co 84 84 84 1 do war 61 61 61. 107 110 42 62 5 .107 .1112 .1 43 .1 52 .1 5 14 Elec op wts market. The potato market was steady; onions, steady; apples, steady. Onions 100 lbs. sacks of Ohio yellow, $4.75 to Michigan yellows, $5 to $5.25.

Potatoes 150 lbs. sacks of New York and Pennsylvania whites, $1.75 to Michigan rurals, $1.75 to Maine Green Mountain, $2 to $2.15. Apples Bushel basket. New York Kings, $1.90 to New York Baldwins, $1.90 to Virginia Rome beauties, $2. Apples per barrel.

New York Kings, $5.50 to New York Baldwins, $5.50 to $5.75. Car lot supplies on hand Potatoes 52, onions 21, apples 86. NEW YORK PRODUCE. Flour, dull and unchanged. Pork, steady.

Mess, $30.00 per bbl. Lard, firmer. Middle west spot, 12.35-12.45. Sugar Raw. quiet.

Spot 96c test, del'd duty paid, 3.68-3.71. Refined, steady. Granulated, 4.90 per pound. Coffee: Rio No. 7, on spot, 18ic-18c Santos, No.

4, 24c-25c. Tallow, quiet. Special to extra, 9c-9c. Hay, Dull. No.

1. $1.35 per cwt. No. 3, per cwt. Clover, per- cwt.

TiT-opr! nrmltrv: firm. Turkeys, 63 5 6 Emp Pow 1 Fageol Motors. 97 86 96 86 91 85 93 89 96 87 85 96 94 79 96 95 30 14 Fairchild Avia A .1 30 294 20 xFall ttiver El Lt.lll I113ill lOxWarrn Bros 2d pf 49 49 49 0VI 29 Fandango I 9 1 68 '381 06 I 34 I 1 Wayne Pump 26 I 20 zon 1 Wright Aero 144 1142 142 96 86 81 85 93 89 96 87 85 86 94 79 86 95 103 90 89 89 73 94 12 13 13 81 2 Fanny Farmer Canl 34 1 Fansteel Products. 10 4 Fashion Park 54 1 Federal Screw Wks 70 4 Fed Water Sve A. 57 13Wil Low Cafeteria 27 26 26 24 do pfd 68 67 67 9 34 10 54 70 66, 5 37 141 10 I 51 70 56 36 14 12 Federated Metal ctsl 37..

1 Va Co Chlorine 81 i wi. 1 Wheeling Steel 99 99 89 2Whitenights Co 15 16 15 3 Winter 13 13 13 1 Widlar Food Prod 28 28 28 2 Fiat deb rts 144 1244 1241 25 xFirestone 1 Florida 1 Hanov Cr In 6s 31 94 10 Italian Supe 6b '63 79 4 Mendoza 7s '51. 96 3 Montevid 6s '59 95 2 Netherlands 6s '72 103 1 Nippn EP 6s '53 90 5 Parna 7s '58 89 1 Prussia 6s 89 2 Potrero ww 7s. 74 2 Prussia 8 '51 94 8 Rusg Gov 6s 19 13 4 Russian 6s '19. 13 3 Rnssian 68 21.1 13 1 Pilesia 7s '58.

81 101 27 101 28 12 Wire Wheel Corp 35 34 35 103 90 89 89 73 94 12 13 13 38 Fokker Aircraft. 28 40 xFord Mot Canada.1684 1680 684 18 60 Ford Motor Ltd. 1 worth inc A I 01 1 Yellow Taxi of NT 26 26 26 Zenith Radio I 64 63 1 63 1 Foundation For). 92 Fox Theat Inc A. 16 Franklin Mfg- STANDARD OILS.

81 3 French Line 1 Stinnes 7s '38. .1 83 I 93 93 1 Borne Serysmer Co 14 Freshman 130 Continental Oil 17 15 33 40 51 9 71 16 79 8 73 54 42 14 36 1 Un El Se 7s "56 A .1125 1125 1125 1 Un Ele Se 7s 89 89 89 1 Un Indus 6s '411 89 I 89 I 89 1 Game well 2 Gen Alloys 1 Gen Amer 20 Creole Synd 24 Humble Oil 12 General 3 Imper Oil Can Cou 6 Intl Petroleum 1 National Transit. 15 33 40 61 8 71 16 79 8 74 54 45 15 36 26 42 23 99 24 tan Chickens. 20C-34C tsroners, Capons. 30c-53c.

Fowls. Ducks. 17c-25c. Long Is 28C-45C. 30C-53C.

20C-35C. 4 do pfd 2 Gen Bronze 4 Gen Cable Co wts. FOREIGN EXCHANGE 2 Penn Mex Fuel Oil 15 32 35 61 8 71 18 79 8 73 64 43 14 36 26 42 22 99 24 105 68 110 17 72 40 42 24 9 85 83 63 24 32 43 87 21 40 47 117 124 124 42 24 9 83 93 53 24 32 43 87 21 40 48 116 124 123 42 26 9 95 93 63 24 32 44 88 21 40 47 117 124 124 39 Gen Elec(Eng)rcts 6 South Penn Oil Bank. Reported by Mellon National GREAT BRITAIN. 21 St Oil of Indiana! 26 4 Gen Fireproonng-.

6 Gen Laundry Mch. 4 Gen Pub Parity; 14.8665. ponnda aterllnr. 21 Gen Realty 1 do of 4 do of Ky new. 4 do of Nebraska.

1 rin of Ohio 42 99 24 4 do pld 1 Gilbert A C) 1 ni.xn,, Harvester. 40 xdo of Ohio Pfd Testerday. 4.85 .485 4.81 4.80 Today. Demand ........4.85 Cables ...4.85 Baukers 60 4.81 Baukers 90 ds. .4.80 THE CONTINENT 2.1 Gold Seal Electrical 70 1 Vacuum Oil 105 70 110 land, 27c.

Live Poultry: quiei. Geese, 13c-22c. Ducks, 12c-28c. Fowls, 30c. Turkeys, 25c-42c.

Roosters 20c Chickens, 28c-36c. Capons, 30c-42c. Broilers, 30c-40c. Cheese: steady. State whole milk fancy to specials, 27c-29c Young Americas.

25c-27c. Butter, firm. Receipts, 5,492. Creamery extras, 51c. Special martyr Eggs, stronger.

Re- 56 Goldman Sacns INDEPENDENT OILS. 24 Gotham Knit Mills. 111 17 T2 41 64 3.9179 France, cents a franc: 36 Amer Control .62 17 72 41 63 17 1 Gramophone i.ta 6 Granite City Steel. i. fiiini-dian Fire Ins.

.0390 8.1 6 1 Amer a 67 Vi 6 4 2 67 6 4 2 imana ffc Cables OMflO 44 63 17 75 Arkansas Nat Gasl 6 2 Greenfield Tap tc 1 rcreif A Bros 17 14 1.93 Belgium, cents a Belga: 1 syndicate I 2 14 14 120 120 63 Cities Service 1120 3 1 Griffith W) A 3 lwmana .1388 Cables .1 38B 168 6 Gritrsby-Grunow Co! 170 1168 rpints. 13.289. Nearby white fancy. 19.30 Swtzerland, cents a .0380 13-16 .1388 .1388 franc: .1923 .1923 .05234 1 fir-mind Grioner Pf 38 38 38 87 1 10 1 97 1 10 1 4 do pfd I 2 2 Colombia Syndi. I 1 1 Colon Oil 10 1 Crown Cent 1 1 Gulf Oil of Penna l47 Demand JL923 Cables 1923t4 25 48c-48e.

Nearby state whites, 43c i7Uc. Fresh firsts, nominal. Pa 30 The Largest Brid 5.26 Italy, cents a lira: 25 30 3 83 147 147 rifi Coast. 46c-47. Western 3 83 39 Pete Corp of Am.

34 Demand 0523 Cables 0523 .0533 whites. 43c-46. Nearby browns, 184 184 23 50 Germanr. cents a mark 27 4 Oil Stocks A 10 2 do 15 4 Homaokla Oil 6 2 Houston Gulf Gas 20 1 Intercontinent Pete 1 Demand 2371 .2371 Cables 2375 Vi .2373 V. 66 34 16 16 6 20 1 5 26 74 34 18 15 5 20 1 6 26 74 44 49c.

FDRWI STARRETT CORP. 86.80 Sweden, cents a krone: 22 the World- 23 Leonard 5 Demand 2670H .2671 Cables .2671 A .2672 iB 41 49 ILion Oil Ring. I 1 Tin. Atar 74 26.80 Norway, cents a krone: TO FINANCE BUILDING .77 26 40 .76 31 Masdalena .80 Demand 2666 .2666 Cables .2667 .2667 A 2 Mei nOlhlo .1 Ol 6 1 26.80 Denmark, cnts a krone: 60 31 nrva sflrrtt Cotd. has been or- 1 Mountain tc Gulf 1 2 Mountain Produc.l 21 Demand 2665 .2666 Cables .2666 Vi .2667 2 Hall Lamp Co 25 1 Hall Printing 30 14 Hp Candy Stores 3 19 Hart-Parr 84 25 xdo pfd 188 24 Harrison 27 14 Hygart Inc 66 2 Hazeltine Radio.

45 1 Intl Perfume 22 1 Horn (A C) 41 4 Household Finance 49 1 Huylers of 26 1 Hygr Food Prod 40 4 Indust iFnance cts 63 3 Insurance Securi 31 1 Intl Projector 24 1 Johnson Motor 68 4 Intl Utilities 45 30 do 20 1 do wts 8 10 Italian Sup Pw A 16 8 Keystone Aircraft 44 1 Jonas Naumberg 17 1 do pfd 63 1 Kruskal Kruskai 15 4 Lake Superior Crp 35 1 Lakey Fdy Mach 32 6 Lane Bryant 80 4 Lehigh CI Nav. 165 12 Lazarus 35 1 do pfd 104 21 36 ionized for the purpose of con 10 Mo Kan Pipe Line 37 5 1 21 38 26 4 8 19 19.30 Greece, cents a drachma: 26 1 Na.fl Fuel A Gas. I 26 structing and financing, directly or its subsidiaries, building 4 26 65 44 22 41 49 26 40 60 30 24 67 45 20 8 15 43 17 53 15 35 32 79 160 35 104 2 New Bradford 4 Demand 0129 Vi .0129 Vi Cables 0129 V4 J.029V4 24 67 45 20 8 16 43 17 8 1 A Ariz Land 8 19.30 Spain, cents a peseta: 19 operations in the principal of the United States. 21 Demand 1513 .1527 Cables 1514 I .1428 21 2i 24 3 New York 1 4 Pac West Oil 21 8 Pandem Oil 3 4 Pantepee Oil 1 Plymouth Oil 25 .1 i tT--fcVitr 7 40.20 Holland, cents a florin: -8 The new corporation, headed by starrett as chairman of the 8 24 7 24 53 15 35 Demand 4001 14 .4001 Cheoks 29-64 discount. Cables .4005 Vi .4005 25 7 24 t.r rvi w.

A. Starrett as 2 Richfi'dOil pfd wts 24 10 Roval Can sub shrs .21 14.25 Austria, cents a shilling-: .21 .18 32 79 of the will ecauire all Rvr rnnsol'd 8 Demand .14125 J41.25 Cables 14125 .14125 162 8 5 24 Brothers, 4 Salt CreekConsol'd. I 5 8 24 18 capital stock of Starrett 35 11.22 Poland, cents a zlotr: 1 do Producers 25 1 Tftvin Oil JLr I In 18 104 Demand J.125 J125 Cables 1130 J.130 4 Lerner Stores 45 11 11 nd it construction activities 1 TidalOsage non-vtg) 11 45 63 45 63 l-t uex rea 44 49 VrniPiiiDla Pet 44 17.50 Hongrary. cents a penro: riii hf handled through Star 105 xLib-Own Sh Gig. 1211 8 210 211 4 Woodley Pet 1 8 Demand 1745 .1745 Cables 1750 J.750 The largest bridge in the world is being erected across the Hudson River from old Fort Washington on Manhattan Island to Fort Lee on the Jersey side.

The graceful curve of its main span will stretch 3,500 feet from, tower to tower1 twice as long as the longest existing suspension span in the world. The steel work for this great bridge, aggregating 55,300 tons, is being fabricated by a Pittsburgh firmThe McClintic-Marshall Company. The world has become so accustomed to gigantic engineering accomplishments that many of them pass almost unnoticed. The McClintic-Marshall Company has been engaged on many of the greatest structures, such as the New York Central Building, New York's most interesting and unique skyscraper'; The Merchandise Mart, the world's largest building, in Chicago; a huge airship hangar for army dirigibles at Belleville, and, most famous of all, the great steel gates for. the Panama Canal locks.

45 MINING STOCKS. 62 19.30 Juero-Slavia, cents a dinar: 45 62 61 rett Brothers, the corporation and its other subsidiaries will en-in thfi ownership, financing and 61 .29 Demand .0175 .0175 Cables 0176 .28 15 154. 15 24 7 17 Crecho-SIovakia, cents a crown: 24 7 18 140 141 139 18 18 1 Demand 0296 .0296 1-16 Cables 0296 .0296 5.16 48 48 1 1-16 10 Ariz-Globe Cop'r 2 Bahia Corp 2 BunkerHill Sul'n 1 Carnegie Metals 15Comstock Tun'l 68 Cons Copper 4 Copper Range 2 Cresson Con Gold 10 Dolores Esperanza. 2 Fneineena Gold 18 1 17 31 16 1930. Roumania.

cents a lei: 16 31 31 14 93 11 management of real estate under-takings. Starrett Corp. and its sub Saries will have total capitals of approximately $40,000,000. Pnttonseed Oil. 1.95 .93 Demand uuo Cables .0060 Vi .0060 SOUTH AMERICA .85 3 Loew's Inct wts.

45 1 Long Islant Ltg. 62 1 McLellan Strs A nw 1 89 Marconi I Com 25 63 Marconi Wrls Can 8 21 Marconi Wrl Lon B. 19 4 Marion Steam Shov 49 12 Louisiana Land 14 2 Massey-Harris 93 68 Mavis 11 1 Mead Johnson 64 2 Meadows 22 1 Mesabi Iron 2 1 Metro 5-50c St pf 75 1 Utilities 179 4 Morrel 62 2 Minn-Honeywell 62 1 Mock Judson 33 1 MohAHud Val Pw 58 3 do wts 31 1 64 1 3 23 42.54 Arrentina. Argentine paper dollar; 3 23 22 2 13 Evans Wal'r Lead Demand 42 JO Cables 42.15 .33 13 92 10 64 22 2 75 178 61 62 33 68 31 .32 75 179 10 Falcon Lead 15 First Nat 32.45 Brazil, paper tnilreis tt-x7 vnRK. March 4.

Cotton- 2 GoldenOenter Mines! 43.10 42.15 11. PO 11.95 12.10 1 8 4 1 Demand 11. Cables 11.85 1 3 23 .33 1 8 4 1 .61 22 1 9 4 1 nil futures weer steady an 2 Rurmah Ltd 36.50 Chile, per gtld peso: 2 Golden Cycle Min'r 62 62 33 58 31 107 Set in early trading today. Souther. Que nominal- Sales to .51 .51 Demand 12.10 Cables 12.15 2 Goldheld uonsoi a 2 Hecla Mining fi Hnllinrer Gold 12.15 .0342 Uruguay, per peso 107 noon, 2,400 barrels 18 Hud 5H 17 8 22 8 1 46 Nnn Call 17 8 22 9 1 47 urauno 1V4.D'I 102.00 Cables 102 75 in on.

4 29 mem us 123 Iron Cap copper 48 30 CMAXDAIAN EXCHANGE TN NEW YORK 10.81 10.P0 10.75 10.80 1085 10.87 2 Mason vaney 2 New Cordelia 103 104 40 220 221 217 106 Newmount Mining March April May June July .10.60 10.89 1 10.75 010.80 .07 ITll 12 11.17 3 3 34 63 7Z 6 71 45 Nipissmg 4 Noronda Ltd Packer Hides. CHICAGO, March 4. The mar 10.PO 11.03 11.06 11121117 11.24 1125 11.00 11.20 126 Ohio Copper 4 20 63 4 20 45 lO Red Warrior 2 RoanAntelooe Min 45 72 5 71 45 48 11 30 24 35 49 27 24 .80 .80 set was iairiy active today but prices again showed a downward .12 .12 48 11 30 25 35 49 27 64 4 20 47 .82 .12 27 10 19 1I 2 13 St Anthony Gold. 4 10 San Toy Mining. 46 Shattuck Denn Min 26 To the Employees of the McCUNTIC-MARSHALL COMPANY For more than quarter of a century, your employers have kept their banking account at the Jinn Na' ional Bank.

You will find that your own individual account, though relatively smaller, is just as welcome here Print ClothS. tendency, quotations: spready na 10. uo iri aut 4 Montecatini rts. 5 3 Moody's Inv Serv. 48! 14 Municipal Serv Co 30! 1 Murphy Co 104 2 Nachman Spg Corp 72 2 National 6 22 Natl Aviation.

71 14 Natl Family Stors 46 20 do pfd 49 5 Natl Food Prod 11 15 Natl Mfg tc Stores 80 15 Natl Pub Serv A 25 2 Natl Rubber Mach 35 1 Natl Sug-R Co NJ 49 1 Nauheim Phar pfd 27 1 Neht ctfs 25 1 Neisnr Bros Inc nw 159 50 iSew Jersey Zinc. 311 8 Newton Steel 101 INT Hamburg wl. 47 6 47 1 Zinc new 81 3 Niagara Share Corp 47 14 Nichols Shep Co 106 1 Noma Electric 51 11 Nor Amer Aviation 16 34 Nor Amer Utility. 19 32 Northeast Pwr Crp 66 uve steers it. neavy native ntjm 28 10 19 1 1 19 vrRKL March 4.

Demand 10 Teck Hughes 6 United Verde Ext 2 United Zinz Smlt. 4 Wenden Copper 1 25 sheetings has wint. cloths and 159 159 iui 311 311 Rome i DOMESTIC BONDS. 89 ho roarse yarn cloths market are at recent levels. In 98 47 46 80 Low Tnn Sale Edit I High Sale! 47 48 80 Sales (In S1.000) 87 47 47 86 93 93 105 105 21 16 cloth section the 64x60s are Sry fSm at c.

with 80 squares ver3 inue The 68x72s have SEff to whSe 9c is being 72x76s. SmaU lots of 21 16 101 100 129 101 100 128 19 85 85 54 leloi Nafmm 14: heavy native cows 1314-' heavy Texas steers 13; light native cows 13; Colorado steers 13-light Texas steers 13; branded cows! 13; native bulls, 10; branded bulls! 94. Last Day fop Deposits. NEW YORK. March 47 Today is the last day for deposit with Seligman Co.

of Victor Talking Machine Co. common stock under the merger offer of Radio Corporation of America. Radio Corporation reqiures 87.5 per cent of the outstanding common be deposited to give effect to the merger. 19 55 153 46 105 Bank' 105 153 18 AbitibiPAP 6s 53 A 87 i 1 Alabma Pw 4s67 83 1 do 6s 68 101., ISAluminm Co 6s 62 101 35 Am Com Al 6s 43A 130 12 Amer 6s 2008 95 6 Am Lt 6s 2016 108 3 Am Roll Mill 6s 481 95 1 Amer Seat Co 6s38 96 10 Am SiChm 6s36 118 BApalachn Pw 6s 5 98 10 Ark Pw Lt 6s 53; 86 87 Ass 4s48 147 35 do4s48 Wout 119 4 Nor States Power. 153 2 Northwest Engnrng 46 45 95 86 95 96 60x48s are moving at 6c.

118 118 42 45 28 88 42 45 28 110 98 95 85 110 Big Bridge Order. March 147 American All Your Bauking Under One Roof 147 119 1 Nor Am Warren pf 42 2N 45 1 Novadel Ague 28 50 xOkla Gas El pf 110 15 Oliver Farm 45 20 do ctfs 65 4 do pfd 100 25 Paramount Cab Crp 38 2 Parke Davis 63 10 xJenney. 399 44 65 TOLEDO 119 130 been given a $1,000, 278 do 6s 77..... 130 43 65 100 37 63 100 37 88 125 86 19 101 Bridge Terminal 000 contract by the Toleao new 19 101 53 7 As Sim Hawoi) ots 1 AUantc Fruit 8a 49 18 1 Bell Ten Can 37 do 6s 67 11 for steel in a 1399 399 Railroad 101 1101 2Peno-Ohio Edison 64 64 64 1 1 it. Ji here..

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