The Pittsburgh Press from Pittsburgh, Pennsylvania on February 7, 1929 · Page 33
Get access to this page with a Free Trial

A Publisher Extra Newspaper

The Pittsburgh Press from Pittsburgh, Pennsylvania · Page 33

Publication:
Location:
Pittsburgh, Pennsylvania
Issue Date:
Thursday, February 7, 1929
Page:
Page 33
Start Free Trial
Cancel

THE PITTSBURGH PRESS Want Ad Headquarter; Court 4900 Other Departments, Court 5450 THIRTY-THREE THURSDAY, FEBRUARY 7, 1929 PITTSBURGH MARKET New York Curb Market Operations Interest In the proposed Issue of Pittsburgh Investment Securities was at a new high record. Koppers Gas 6c Coke. Pittsburgh Pittsburgh Screw & Bolt was tense PGH. COAL CO, REPORTS LOSS Net Operating Deficit Reported at $493,871. ENGLISH BANK RATE INCREASED Gold Exports Cause Rise in Rediscount Charge. A. G. SPALDING 0FFERSST0CI( 50,000 Shares of Common - in New Financing. By R. L, GRIDLEY, United Press Financial Writer. NEW YORK, Feb. 7. Unexpected action of the Bank of England In Plate Glass, McKinney Manufactur ing and Suburban Electric Develop' ment were steady, with National raising its rediscount rate to 5Va per tire Proofing preferred. In the fuel section Arkansas Nat today, hundreds of shares selling on the unlisited board, "when issued." The opening price was 29, compared with the reported offering price of 25. After several blocks were transferred at this figure a sharp drop to 26, between sales, appeared, a rally carrying the price up a point or so, from the low. The old stock held around 91 on the ural Gas sold in a small way, around market while the better tone was aided by further easing in credit conditions. Despite the selling in all sections of the list, Goldman Sachs trading stood out as a bulwark for the bull forces, soaring more than 20 points to a new record high following announcement of a plan of merger with Financial and Industrial Securities Corp. On the other hand losses In Casein Co., Electric Bond 6s Share Securities and other leaders were partly regained in the subsequent trading. However, the market was greatly unsettled. the English rate was advanced caught Wall Street unawares ana huge offerings of stocks were thrown on the market in the early trading. Initial losses ranging to 10 points were scored in the principal trading stocks. However, a somewhat saner attitude was taken toward the market after the Initial slump and rallying tendencies took place in many sections. No further declines from their initial lows took place in pivotal shares and active short covering developed. Many sold out bulls were also reported to be re-entering the Its prevailing price. Dixie Gas showed a yielding tendency. Western Public Service, in the unlisted section, was moderately ac cent last night, precipitated a demoralizing break In curb market prices today. The effect of the Federal Reserve warning had been largely discounted in yesterday's selling and was not much of a factor in today's trading. But the suddenness with which Following a readjustment of the capital structure of A. Q. Spalding & Bros., the largest manufacturer and distributor of athletic goods In the world, involvine a five for one tive and showed little disposition to By The United Press. LONDON, Feb. 7. The Bank of England re-discount rate was Increased today by 1 per cent to SM per cent. The rate had been 44 per cent since April 21, 1927. The recent heavy movement of bullion from the Bank of England, local exchange. move in either direction. CLOSING QUOTATIONS . 100 Western Public Service at 25 10 Western Tnhli. S 1 ' Service at Banks I Bid. I Ask. 40O Western Public service at 315 40f Western split-up of its common shares, an issue of 50,000 shares of new common stock is offered today by Dillon, Read & Co., Hathaway 6b Co., Smith. Moore & Co.. St. Louis; and Shields & Co., inc.. at a price of $65 a share. Dividends on the new stock have Service at I Higrh I Low Thia I Sale I Sale I Edit. Allegheny Trust Bank of Pittsburgh N A This Edit. including the shipment of approximately $9,000,000 sent to New York Wednesday on board the French S ales (in 81.000) I Hiirh I Low I Sale ! Sale 185 NEW YORK. Feb. 7. Following- is a lit of to k.- traded in today on the Sew York Curb Market: Sales fin hundreds) Service at Service at 325 Colonial Trust Co .......... Diamond National ........ Public Public Public Public Public Public 606 15 Western 15 Western 35 Western IOO Western 50 Western 1014 95 101 'i INDl'STRIALS AND .MbCKI.LANEOLS. Fifth Avenue Bank 145 Service at Service at Service at 4 Penn-O Edison 3 do wts . . . . . xlO do 7s pfd 2 do 8 cfd .. I 69 I 38 105 i 84 liner Paris, stiffened discount rates and foreshadowed the Increase. 38 I 3?,, 105, 103 94 94 Keystone National ......... 330 (x indicates odd-lot sales; y indicates ex -dividend.) 3B & M 6s '33 101 101 18 Can N Ry 4s'57. 95 95 10 Car P & L 5' 66. 101 101 8 Cities Serv 5s '66. 90 89 3 CH S Gas 5s"43. 90 80 10C S P & Las 52 96 96 3 do 6s '43 98 97 2 Ol Rlv B 6s'43 95 95 80 50 The increase in the bank's rate 1 1 11 1 1 lo 80 96 1 Penn P & Lt 540 pfd lio 2 lsinl.. n t I 57 I 74.14 76 High j Sale I Low i This Sale I Edit. been inaugurated at the rate of $1.60 a share with- the declaration of a quarterly payment of 40 cents a share, payable April 15 to stockhold x2o Pepoerell Mfir 112112112 Sil"s 'in hundreds) 98 95 305 caused a sharp setback in gilt-edged securities on the stock exchange. The funding loan declined a half 293 105 121 12 100 Pittsburgh S ft B (w t at IOO Pittsburgh S B (w i) at 40 Pittsburgh S B w i) at 20 Pittsburgh S Sc B (w i) at 10 Pittsburgh SAB w i) at IOO Pittsburgh SB(wi)at 20 Pittsburgh S & B (w i) at 20 Pittsburgh S & B w i) at 100 Pittsburgh S A B (w i) at 100 Pittsburgh SAB (w t) at x50 Phelps Votigo Corp.305 2 Philip-Morris .... I 3 1 doA 9 89Coml inv '1' 49. .. lUoi 105 6 Con G & E fis'58. 90 90 15 Con Oil 5s '37. 94 94 8 HO V4 94 98 "A 3 52 9 Cudahy o t 37 98 Vi 98 3 ! 9 28 184 62 35 47 10 Det C Gas 6s '47 A 105 105 4 105 170 3 9 28 184 62 34 47 112 point to 90. Consolidated loan 4 per cents lost : war loan, 5 per cents, and conversion 3H per cents 4 Det lnt a UVis o2. Vo 94 15 4 8 61 40 8 1 Philippe (L) Inc 28 1 Pick (Al) Barth pf, 184 1 Peo L i P A 52 0 Pierce Governor Co, 35 1 Pitney-Bow Post Ml 47 1 Power Cor Can Ltd!114 2 Pratt Sc Lambert. I 82 ers of record March 30. This is equivalent to $8 a share on the old stock, which has been receiving dividends at the rate of $6 annually. Dividends have been paid regularly on the company's common stock IOO Pittsburgh SAB (w 34 52 Vi 170 15 38 11 46 26 61 25 25 25 25 25 29 29 29 29 28 29 29 29 29 27 37 27 27 37 29 26 2 87 27 27 37 37 27 27 27 27 V 39 87 30 4 8 61 20 40 H if 27 5 274 7 12 6 tnitsourgtt SAB (w receded 3-16. 3 Dixie Guil 6 Its 37 87 Vi 87 1 Fair Morse 5s'43 . . 95 95 6 Fire Cot M 6s '48 94 93 2 Fire Tire 5s '42... 95 95 wo 87 95 93 85 94 ii at i) at i) at if oo i-ituourrh s A B i peoples sav ol xrnst ....... Union National ........... Miscellaneous Aluminum Goods .......... A W O Machine com . . . . , Am Vtt Prod pfd Am Vit Prod com ........ Am Wind Gl Maeh com .... Arkansas Natural Gas com . Arkansas Natural Gas ptd. Armstrong Cork Auto Finance Corp pfd...., Blaw Knox Calorizing- Co pfd ......... Carnegie Metals Central Ohio Steel com . . Consolidated Ice. com ..... Crandall McK St Hend ... Devonian Oil ............ Dixie Gas com .......... Dixie Gas pfd . . Follansbee Bro pfd Har-Walk Refrac com .... Independent Brew com . . . . Joseph Horne com ....... Joseph Home pfd 15 38 11 46 T4 26 61 22 114 ! P1 (358 The one per cent Increase of the 80 20 Pittsburgh S A B w 2 Fink Rub ftB '31 94 94 x25 Procter & Gamble 358 !358 re-discount rate of the Bank of Eng 25 Pittsburgh SAB new at. 10 J "a 4 Fabrics Fin '39 A. 101 1004 103 since 1903. ioo 4 92 7 land to 5 '4 per cent, announced to 68 72 27 ; day, while not entirely unexpected. 98 85 152 1534 Additional offerings follow: Tidewater Power Co. $5,300,000 6 Florida fwr os 64 . 92 T 92 6 Gatineau Pw 5s'66 96 96 5 Gen A In5s'52Aww 85 85 6 Gen Ldy M6s'37 100 100 9 Gen Rayon LtOs'48 934 1 934 25 I 25 was received unfavorably by many 100 24 0'4 I24 7 financial men here. first mortgage 5 per cent bonds, series A. Priced at 94 and inter 99 1 2 Geu Vdy Cor 6s 37 85 85 13 Acoustic Products.! 12 1 Allied Pckrs pr pl 9 1 Alliwn Drg St B. .! 3 T4 1 Alpha Port Cement; 52 i 1 Aluminium Co Am 175 7 Am Bev 15 H J Alum Goods 38 3 Anier Chain Co... 1 1 1 Amer Colortype. . . 46 1 Amer t'omw Pwr. A; 261? 4 Am Cyanauiid B..j 66 2 Amer Pept stores. 22 5 Am Sc For Pw wts; 72 4 Amer Gas & Elecil57V 2 Am Hawaiian S S! 25 25xAra Lt ic Trac. . . 253 25 xAnier Mfg Co.... 41 25 x do pfd 69 25 xAmer Meter .... 121 Va 1 Amer Milling Co.. 26 4 Amer Natural Gas 17li 4 Am & Brit Cont.. 21 S 7 Am Rollins Mill.. 96' ,'JS do rts 'ZV 2 Am Solv & Ch cts 37 'a 2 do part pfd 51 ris 4 Am State Sec rts A 2 4 do H 3 3 Am Stores. .1 90 &0 11 Am Superpwr A. . 98 1 do 1 pfd lOOH 20 do rts 14 1 2 Apponau? Co 65 6 Art Metal Wks..l 50 40 HI 40 ? 69 I 60 121 1121 18 Georgia Pwr 5s'67 98 97 It was pointed out that such an 55 1 834 85 974 99-5 100 90 90 Increase was chiefly designed to 1 Goodyr taiasai s9 99 T4 4 Gulf Oil Pa5s'47.. lO0ll00 The Pittsburgh Coal Co. reports net operating loss of $493,871 for the ?ar-, 2,8 after expenses, including depletion, depreciation and interest charges, as compared with a net loss of $1,880,597 in 1927. Gross net earnings for the past year amounted to $3,007,373, while depreciation, depletion and interest charges amounted to $3,431,172. The surplus account which stood at $63,-Ool,231 on Dec. 31. 1927. was reduced to $61,562,467 at the end of 1928. Current assets amounted to $15,-881, 6o4 and current liabilities amounted to $11,850,662 at the end of last year. A profit of $487,100 was reported alter all expenses for the last three months of 1928. This is the first time a net profit has been reported by the company for some time. The Pittsburgh Coal Co. also announced that George W. Crawford has been elected a director of the company. PRESSED STEEL CAR. The preliminary statement of the Pressed Steel Car Co. and subsidiaries for year ended Dec. 31, 1928, rhows net profit, including $397,170 tax refund, of $149,452 after taxes, depreciation and other charges, equivalent to $1.03 a share (par $100) on $14,549,200 7 per cent preferred stock. Excluding refund of federal income and profits, taxes, there was a deficit of $247,718 before dividends in 1928. This compares with net profit of $539,213 or $3.59 a share on $15,000,000 prefered stock outstanding in 1927. The preliminary income account of Pressed Steel Car Co. and constituent subsidiary, owned or controlled companies (doing" business in United States more than 80 per cent of whose outstanding voting stock is owned by this company) for year ended Dec. 31. 1928, compares as follows: r 1 !:. 1027. 1028. Ot'fratine pro r,H.5;j2 S 1.213,756 275.625 TOtnfr lnr-ume 150,;9 101.187 121.181 Feiinral t;ir refund 397.170 est to yield 5.35 per cent. Offered by E. H. Rollins & Sons, Howe Snow 8 40 74 65 74 51 2 37 22 15 60 44 19 95 205 138 21 lOHoumon ubovjaij o i o 8t 40 74 55 74 51 2 37 15 50 44 19 95 200 137 21 32 77 o xprudence Co 7s pf 103 5 Pyrene Mfff Co I 8 2 Reeves Daniel. . ..I 41 5 Radio C A B n Pfd: 74 3 Rainbow Lum Pr Al 59 1 Kaybestos Corp...) 744 1 Republic Brass...) 52 1 Rep Mtr Tr ctfs.i 2 4 Reynolds Metals . . I 37 2 Rice Stix Dry Gdsi 22 1 Richmond Rad...i 15 1 Ritter Dental I 50 3 Rochester Cent Pwi 44 2 Ross Stores. Inc.. 19 1 Ruberoid Co 95 75 xSafety C H Lt'205 5 St Reg-is Paper. .138 3 Seh U oc to $1 St 21 1 Schulte Real Estate 32 3 Seaman Bros 77 3 See Gen Am Inv. 31 1 do nfH lnai 103 Koppers Gas & Coke pfd . . do 6s '43 A .... I 90 90 W., Xil.. VlVl VU1U11J VV f ., T ih.. 2 38 140 35 35 is 14 Dairy ptd ....... loll! P&L 5s'54 B.llOO lOOi; Joiner & Co.. Inc.. Halsev Stuart & I Liberty Dairy com 21 Ind OiliGas 6s 39.il03 102 26 17 H 20 95 2 36 51 2 34 90 2 Ind P&L Co5s 57A 98 984 Co.. Inc Hemphill Noyes & CO., MSSSy jftV 100 Pittsburgh SAB new at.. IOO Pittsburgh SAB new at.. 1 Pittsburgh SAB new at.. 25 Pittsburgh SAB new at.. 85 Pittsburgh SAB new at.. 15 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 10t) Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. SO Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 200 Pittsburgh SAB new at.. oO Pittsburgh SAB new at.. 75 Pittsburgh SAB new at.. 25 Pittsburgh SAB new at.. 50 Pittsburgh SAB new at.. 50 Pittsburgh SAB new at.. 2oo Pittsburgh S A B new at.. SO Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 50 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 100 Pittsburgh SAB new at.. 50 Pittsburgh S A B old mt.. oO Pittsburgh SAB old at.. 100 Pittsburgh SAB old at.. 17 21 06 T4 2 37 61 O 34 90 964 J. lull sec os (..,, t(t. 73 15 13 34 100 103 98 904 86 95 101 4 Natl Fire Proof com 6 lnt Pwr os'57 new. 8i I 95 Natl Fire Proof pia . . do 6a '52 95 HSU 35 35 t-oinn & Burr, inc., utis ez sjo., Stroud & Co., Inc., Emery Peck & Rockwood Co. and Eastman Dillon & Co. 6 Inv Co Am 6sA'47 103 101 32 4 6 1 la INTO LftfD8 3A H.i - 931 93 77 92 2 Penn- ederal com . . . Petroleum Exploration Pg-h Brewing- com . . . Ptrh Brewing- pfd ... Perh Invest Sec ...... check the movement of gold to America and stimulate the foreign exchange market, which was unfavorable. There was diverse opinion whether the rate increase would check the gold efflux, some experts contending the Bank of England would lose control of the gold market while private banks would be unable to follow the move with deposit interest rates. If the bank rate was changed for purely technical monetary reasons. 30 1 97 30 --i 35 Kendall 5s '48A. 97 27 Hoppers G&C 6s'47 99 99 99 11S;118 28 88 6 1 104 30 I 4 i 105 lOO 1100 141 14 65 I 65 48 HI 48 56 V; I 56 Pg-tl Oil & 1t9 2 ixmitfn f s eszosts io.- 1 Long Isl Lt 6s-45. 105 2 La Pwr&Lt 5s'57..1 95 mi i , '101 Thermoid Co. $2,500,000 five-year 105 1105 95 I DSi. Psa Plate Glass 91 91 161 16 6 per cent sinking fund notes with Pirn screw Boiw 5 ManitobaPL5s'51 10O 1001100 301 30 .55 1 Mass Gas 5s'46. 103 103 38 3 stock purchase warrants and $1,- Plymouth oil . . 27 8 McCord RAM 6s'43 97 94 59 28 15 Memphis NG6s'43A 100 000,000 of 7 per cent cumulative pre- geEner ln; f erred stock and 10.000 shares com- SSS? Mim Oil 1UJ ' 97 99 98 99 100 5& 4 Met Ed Pa4 Vs s'68D 98 H .141 10 Witherow Steal (w i) at. 40 26 70 179 59 39 264 70 179 79 1 MUwauke G4Vis 67 99 1 Morrie&Co 7s '30 10O at. 5U witherow Steel w i) mon stock. Priced at par for the fnd s.ni Mcom 81 1UV witherow steel tw w 974 994 98 99 100 99 Vt 105 iH 93 it was predicted that demands for funds for business purposes would 5 Narraeanset 5s'S7A 99 99 79 264 1) at.. w i) at., (w O at.. 1 Natl PiL 6s 2026A!105i uuws) a.uu ii.u per tuut ui vuc ouiuc i suburban Electric uev of ritmrnnn onrl nnn share Of nre- Union Steel Casting- com 40 40 23 1UB 82. T.'i Asn G;is Sc Elec . 56 150 xdo Wts 170 4 A Boc Laundries A 134 1 A.to Rayon C ... 29 2 do pfd 77 S 1 Atlantic F & Sugar 1 i 2 Atlas Plywood ... I 65 V 3 Auburn Auto .... 1142 1 Automatic Kepis 14i 4 do cts 27 7 Avi.uion C Amer. 53 'a licllanca Airorft cts 18 n 1 Biauner's Inc.... r0 i 4 BIihi IE W) Co. 601 3 Kiunienlhal Sid . 87 . 14 Hoenig Airplane. . 05 2 Bohn Alumin Sc B114 2 Bnllo -Mfg Co A.I 27 4 Bristol Myers. . . . 1107 4 Krit relsnese Ltd. 5 4 Union Storage 106 106 142 170 13 13 29 29 77U 77 5o 60 142 1424 13 14 i 2'ii 28 50 50 18 IS 694 60 47 SO 82 87 93 5 113 113 27 27 1061106 51 decrease, tending toward an increase In unemployment and an accentua 49 80 26 20 43 39 12 46 46 10 Nat Pub Ser 6s'78. 824 10 Nat Rub Mchtitf'43 144 10 Nat Tr Jrnls 6s'38j 93 144 ferred stock each. Offered by East 90 T nited Engineering; com 25 witherow Steel 50 Witherow Steel 100 Witherow Steel 575 Witherow Steel 20 Witherow Steel 10 Witherow Steel 20 Witherow Steel 90 tw t) at., (w i) at.. w i) at., (w i) at. . 83 12 United States Glass . . . . . 8 Neisner Br R 6s 48 107 107 107 Waverlv Oil A man Dillon 6s Co., Schulter 6s Co., Inc., and Oliver J. Anderson 6s Co. tion in the falling trend of price levels. 42 50 71 14 59 NYiFor I5s'48A 83 w 1) at.. West Elec ft. Mfg- com .. 35 47 100 1 N E G i E 6s 471 97 93 97 92 at. ( w l) 100 Witherow Steel 97 92 West Air Brake West Penn Ry Pfd The increase in the re-discount 30 N Y P A L 4 67 92 4 100 Witherow Steel w 11 at.. 30 Selected Industries 29 7 Selected Ind. pfd.. 103 30Serv-el lnc ctfs.. 16 2 Seton Leather.... 32 1 Sharon Steel 39 5 Sheaffer Pen new. 60 lOSilkorsky Aviation 40 1 Silica Gel ctfs.... 26 1 Silver Is Bros Co 74 eOxSmith. A O Corp"181 11 Southeast PAL.. 81 i 2 do wts 40 H 1 do pfd 106 1 do part pfd 0 2 Southern Asbestos. 44 1 Simmons B C V pf 50 1 Stewart Warn nw. 71 1 South Ice & Util A 14 2 Southwest D Prd. 16 1 Southwest Stores. . 26 50 xSpalding- A G. . . . 330 1 do new 66 1 Sparks Withing-tou 166 1 Sp Kel & Sns nw. 434 2 Suietrel MayStrn pi 96 1 Squibbs & Sons. . . 57 1 Stand Investing-. . . 43 5 Standard Motors.. 3 1 Stern Bros A 46 4 Stinnes, Huiro 114 1 Strauss Nathan. . . 33 4 Stroock & Co. Inc. 60 2 Stutz Motors 20 2 Swift & Co 135 4 Swift International 34 5 Thermoid Co 29 1 Swiss Am El ifdl 98 V, 42 50 71 14 16 26 330 65 166 16 26 100 Witherow Steel w 1 at.. Unterelbe Power 6s Light Co. of Wiser Oil Co 15 rate followed a sharp rally in ster 100 103 100 103 at. . 5 N I P S Co 6s 66 100 2 Nor St Pw 6s 331104 8 Ohio Pwr 4 856DI 92 4 65 Witherow Steel' 30 Witherow Steel 75 72 Witherow Steel pfd Witherow Steel com . . . , (w i) at. 73 92 V Germany, unstated amount of two-year, 6 per cent notes. Priced at 99 9 2 100 ling Wednesday which generally allayed fears of a rate rise, although 1 Osrood Co 6b 38.100 100 Va Bonds 10 s. I Kl'.'llll. 5P G V E 48 57E 97 9314 87 J.( Brooklyn c K K 3 Buf. Niap Pwr. 1 do pfd West Penn Traction 5s., Motion R C C ft C 6s... and interest to yield 6.50 per cent. Pac Inv 6s 48 A 96 107 974 954 96 6 I 731 701 71 I 26V;1 261 26V4 641 64 64 Summary of the Day. tne marKet was nervous and experts hesitated to predict the outcome. 75 11 Pac W Oil 431 96 330 66 166 42 94 67 42 34 46 11 96 Pifh Ally ft Man 5s Offered by A. G. Becker 6s Co. 1 do A 3 Billiard Co- New. I 100' P O 68 SO w war 100 The following Is a summary of the day's SO SI 50 1 SO UNLISTED QUOTATIONS. 1 Penn P & L 5s 62B 101 100 101 103 101 3 Butler Bros I 36 36 36 prices on the Pittsburgh Stock Exchaag 27 Holmes Airport, Inc, $2,215,000 6 42 94 57 42 3 46 11 33 67 18 103 5 Phila R T 6s 621103 4 P C of N Y 5 8471 98 Pittsburgh 9 ft B (w i) . . Western Public Service. Col G & Elec new 97 I I Last i Prev a K J X & S 5S 43 95 High f Low I Sale I Close Jan. 2, 1949. Offered by E. H. per cent convertible debentures, due 25 60 68 175 60 4 Roch C Pw 5s 63 87 87 Witherow Steel (w l) Fidelity T ft T (w I) . . I 39 39 100 Alum Gds Total lrv-oine StiJl.i'1'1 -Sl.31ft.943 f 154.444 Maiiitenan'-e, depreciation, etc. 472. 53 777.730 466.357 1 St L G & C 6s 47 89 97 95 87 894 92 84 93 33 67 18 135 894 Holme & Co., Inc. 62 12 S R E 6s w c st 92 Van Alloy bteei 93 94 135 14 36 46 230 44 93 Va 17 39 41 133 27 85 1 Scripps.EW 5643 94 5SWP4s67l 93 I 34 30 49 4 61 t 27 34 A W G M P 260 Ark Gas I 92 Arms Cork 115 Blaw-Rnx 100 Cent O Steel 93 City of Omaha, Neb., $650,000 4 49 49 4 4 62 61 41 40 27 27 27 27 60 , 4 62 41 27 37 14 36 45 230 44 93 16 39 41 133 27 85 112 10 13 29 25 I 1 C A M Co ctfs. . . 14 x 1 do pfd ....... 37 v 4 Carnation Milk . . 46 10 xtaem Co of Amer 230 4 Celanese Corp .... 44 T4 1 do new pfd SBli 1 Cent Atl States... 17 a 1 Cham Store Stocks 39 V 10 Cent Pub Serv A.. 42 1 Cent States Elec.. 133 1 do wts 27 Vi 1 do 6s w w . . . . 85 S 1 do rv pfd 112 H 1 Centrifugal Pipe . 10 2C G Spk & Bump. 13T4 12 Checker tab Ml. 78 10 Snider P C 6s 32 103 102 and ' per cent bonds dated March Individual Sales. 10 Std Plate Glass nr pfd at 30 Net profits S 11 9.452 Pref-'rrrci iftvidends 1.040.959 102 103 101 98 20 539.213 1.043.506 28Soue P 6s 2025A'104 42 So Cat Edis 5s 51,1014 5620.801 5988.335 1 OO C McK AH 1, 1929, and due Marcn 1, 1839, to 73 13 50 Koppers Gas ft Coke pfd at 103 1 do 68 52 ilOlH 101 4 103 101 101 924 98 96 1949. Priced to yield 4.20 per cent. 49 20 A W G Machine pfd at. 1 So Cal Gaa 6s 37 92 55 62 13 I 11 1103 1"3 106 106 74 73 16 -16 35 3A 1530 Dix 0 A Ut 210 Kop Gas pf 200 Lib D P Pf 650 L S Gas C 2O0 McK Mfg 30 Ntl F P uf 2 So Dairies 6s 30 . 98 Offered by W. H. Harriman 6s Co., 31 112 I 10 ?4 I 13 3 SouthwO&E 6s'67AI 96'4 924 98 96 98 99 57 Inc., and Kean Taylor ds Co. 98 98 H 20 73 55 60 31 55 64 12 25 130 11 29 68 The rally in sterling yesterday started a discussion in financial circles as to the possibility that an arrangement had been reached supporting sterling and checking further efflux of gold. It generally was considered that the visit of Montagu Norman, governor general of the Bank of England, to the United States is connected with the gold question, and it is believed that arrangement might have been made to lessen the drainage on London's gold reserves. Afternoon newspapers and financial circles generally agreed that the rise in the rediscount rate would injure trade, although the financial expert of the Liberal Star added that the rise would not necessarily cause undue inconvenience, and he said that the increase justifies Norman's policy of keeping the previous 1 Staley Mfg- 6s "4Ei 98 1 Std PAL Cm 6s'57 99 6 76, 99 64 12 25 J City Radio Store.! 284 3 Syracuse W Mch B 20 2 Tampa Electric... 74 13Taspart Corp.... 68 2 Thontf.son Prod A 62 1 Timken Det Axle. . 31 1 Tishman R &. Con 57 2 Todd Shipyards. . . 64 3 Toddy Corp B ctfs 12 10 Trans C A Trspt 25 10 Trans-America Crp131 13 Trans-L Pic Screen 11 5 Triplex S Glass Ltd 30 1 Tmni Pork Stores 58 lOxTubize Artifi Silk;498 34 Tri Cont I 32 28 S 28 36 P Brew pf 537 P Inv Sec 2 Strauss Nat 6s '38132 132 132 Atlantic Securities Corp. $5,100,000 1 Cities S PiL. 7s pf 107 HOT 1107 6 6 .16 .16 D-lici t SMU..-07 506.293 Sl.609.138 Priviii!N surplus 1 't. 726.237 16,432.530 14.286.478 Transferred from cou. res. a'-ft. 8O0.00O Surplus WSC&F Co., Apr. 1. '26 1,278,917 Surplus re-valuation of assets 4.003,290 laaue excitant e old res. 875.000 15 Sun Oil 58 '39. 1101 V4 101 267 P P Glass 2 City Much & Tool. 130 314 3 2 I 31 4 321 32 lOl 100 110 500 9 T Min 99 40 101 27 49 103 .16 81 91 91 91 ii 91 units of $3 cumulative preferred stock and no par common stock. 100 110 I 80 I 80 515 S SO Spr 2 Swift Co 6b '32. . .100 7Un Am Inv 6s'48A 113 3 Union Oil 8s '31 . . 71 5Utd L4R 5s '42 92 T4 32 77 39 30 58 103 ;113 106 1106 73 74 16 16 35 35 6 6 31 29 69 72 .16 .16 80 89 49 51 26 26 40 40 12 13 99 99 47 47 101 102 74 77 1SS 185 30 30 71 IOO S Sanitary 1 llub Alum Utensil. 1 Colgate Pairnolive 1 Cohn-H.il 1-Marx Co lOxConinwIth Edison 1 do pfd 77 76 39 39 243 1243 Priced at $85 per unit of one share 92 49 ! 261 26 I I 401 39UI 495 490 243 335 Sub El De 511 Un E A Fd 8 do 6s '52 A... 1101 71 924 100 100 100 100 of common and one share of pre 32 102 ilOl 101 4 l 105 8U S Rub 68 '30 100 lOO 105 1 Cons Cierir wts 1 7i 295 U S Glass 10 W P Rvs pf ferred stock each. Offered by A. 13 12 99 99 17U It 2 do 64s 31 ... IOO 100 12 ' 22 65 V4 23 Thermoid Co 6s-34!l04 220 West A Bke Iselin & Co. and F. Smlthers 6s Co. 104 101 6 U S Rub 6s '32 100 101 Total surplus S15.N34.730 S16.728.237 S18.S34.549 DMui-t : l'v ferrd Mock issue exchange old common Block 2,500.000 10 Wm Zol pfdJIOl 1 18 26 100 100 do 68 '33 100 Jonas & Naumburg Corp., 36,880 12 22 100 1 7 33 104 235 564 45-14 094 36 Il83 183 I I 30 I 30 iu w-itn steei 12 B of P N A1 10 S P Gl pr 10 Cons Film Induct. 23 1 Cons Gas Baltimore'103 1 Cons Laundries ..I 18 4 Cons Retail Stores! 34 28 xCont G&K part pf;104 2a xCrocker Wheeler. . 235 1 Crowley Milner ... 664 1 Cuueo Pres I 45 1 Curtis Pllhliab fr. iiio' 2 do pfd 105 2Tob & All Prod.. 65 1 Tulip Cup Corp. . . 12 2 Tuny-Sol Lamp Wk 18 1 do A 26 1 Union Nat Gas Can 36 3 Union Amer Inv.. 68 1 United Biscuit A. 74 4 do B 34 3 United Carbon ctfs 61 SO United Gas Co. 35 30 United El Svc wts 3 55 12 18 26 36 65 67 32 61 34 31 shares, $3 cumulative convertible 17 33 104 235 564 45 68 72 1 do 6s '34... 6 do 6 b '36 ... . 1 do 6 s '37 ... . 1 do 68 '38 . . . 3 do 68 '40... 5 Westrn Pr 5 s'57 102 100 100 994 100 100 100 100 1124 103 884 99 100 100 100 100 Profit and los surplus 15,834.730 $16,726,237 $16,334,549 7527 34 preferred stock and 25,000 shares common stock. Priced at $50 a share 094 100 100 100 100 114 103 89 99 UNLISTED. rate steady despite the clamor for Its reduction early in 1928. 119 1119 61 34 3 114 103 for the preferred stock and $15 a 3855 P S B (wi) 40 381 39 11 Westv Chi 5s'37 176 10 United Gas Improvll79 176 150 v Al Bteel 24 23 24 i 6 Wheel 9 4s'53B 88 i share for the common stock. 29 26 28 60 60 60 25 25 35 68 64 65 1755 W P Serv 46 United Lt 37 & Pw A 60 It NEW YORK, Feb. 7. The New 99 J Vlr K ft P 5s 55A 36 48 34 I 34 34 28 I 27 28 48 2 do B York Federal Reserve bank may in FOREIGN BONDS. 1345 With S w 1 7105 16 630 1625 1625 Prod Trav 16 92 0 t urtiss Aero Export 20 Curtis9 Flying- Serv 2 Davera Ine 1 Davenport Hosierj-2.- xDetre & Co. . 9 De Forest Radio . . 1 Dink Hot A w wts 1 Domln Stores Ltd. 10 Doug-las Aircraft.. 1 Dresser Mfer 1 United Milk 8 Union Air & 1 do pfd . . . 37 484 16 94 78 61 63 94 93 93 78 i BLAW-KNOX ORDER 4 Bogrota M B 7s'47 1 do 7s '47 new. . 7 Buen Aires 7s'47 93 92 Va 76 60 57 crease its re-discount rate at its meeting this afternoon after the close of the market, it was felt in New high record. 111! S & Foreign Seel 103 104 22 941 22 I 22 22 J 2 163 11031163 27HT 27 I 27 471 47T4I 47 61 68 93 93 104 99 93 22 2 Brm ft W Ld 6s 40 H9 Vi Loss, t After didurting- interest charges. Of this amount S875.UO0 was paid from tfrervn wt tip Icc. 31. 1925, lor dividends kyable durinsr 1926. ENDICOTT-JOHXSON. Endicott-Johnson Corp. earned $5.06 a common share in 1928, egainst $8.68 a share in 1927. PEOPLES DRUG STORES. Peoples Drug Stores, Inc., reports for January sales aggregating $1,-112,444. as compared with $693,426 in 103 103 105 92 2 U S Foil CO 1 U S Freight Co. 1U S Gypsum.... 1 U S Radiator financial circles today. 6 5 cauca val 7s '48. . 7 Chile Mt B 6s '31 99 92 874 87 6oV Pittsburgh Curb. J Duoilier Condenser 67 97 4 874 Local Concern Receives Although Wall Street has been ex 68 24 : C ft Pr Bk 58 .37 5 1 ? 86 186 25 Universal Aviation 234 bo xuuKe Power 6 Durant Motor a I'l 7B I 186'4lf 17 53 I i Cuban Tel 7s'4l!l09 109 109 1641 16 1 STOCKS. 1 Univernl Insurance pecting London to raise its rate for 75 41 70 41 2 East States Pwr B' 83 5 Utilities Pr & Lt B 504 1 504 Large Contract. I Bid. I Ask. :r ond & Sh Sc!231 i !225 i I2"9 83 81 101 88 1 D P ft W 6e '52 6 E M ft I 7s '67 C 1 Finland Bk 7s '44. 9 do Res MB 6s'6l 6 Frankfort 6 '53 34 several weeks, today's action by the Bank of England was not expected so soon. The money market was de 1 In.Vf;.?r' tJ'WiOSHIlOt? 40 83 91 101 88 954 90 91 101 894 96 91 34 k Sharon Steel Hoop ......... Rexhide Rubber .......... Phoenix Oil 39 33io T rwx7' i1-"".. i 344 34 31 20 The Blaw-Knox Co. has just re 954 39 74 391 39 31 20 lOGlsnkchn M 6s'34 420 450 pressed yesterday in expectation of ceived a transmission tower contract 4 van Camp pfd.. 1 Nostt Mfg- 1 Nider Root 4 Van Camp. new. 1 Waitt & Bond B. 12 Walker (Hiram). 4 Walgreen Co 2 do war 1 Watson ( J. W.) . 81 87 Weirton Steel ............ Texon Oil and Land ........ 1 Ger Miin L 6s'47 69 I 59 97 97 87 87 89 87 59 97 '4 67 4 39 such action, but late in the after for the West Penn Power Co., 65 59 25 75 41 33 34 34 32 20 90 83 60 10 55 72 4 25 96 114 48 26 88 uu wen investment 82 7 GerP&CBks 6s58i 881 88 2 Isot Frasehini 7s42 103 1103 f5 65 814 58 103 Aluminum Mannfaetnrinr . . 58 29 amounting to 2,500 tons. I 29 I 29 6 Ital Superpwr 0s63 78! 79 noon word came from London that it would not be done this week. 3 38 36 43 10 65 9 10 79 98 10 55 98 The export division of the com Duff Norton Manufacturing . American Fruit Growers do units 60 4 I 59 291 284 55 lffest Auto Sup. A 4 Elee Sh Coal par pf 1 Emp G & F 7s pfd! 15 Empire Pwr Corp. 1 Ensine Pub Ser wt' 4 Kvana fE S) Co. . Fatrehil.l Aviat A. 2 Fansteel Produots. I Fed iers Mfir Co Ine1 10 Fed Water Serv A. . 5 derated Metal cts 18 I- ,at d-b rtj. . . . 2.t xFire.-tone T R 88 70 pany, located in New York, has re 70 4 Fisher Bros Inc 60 28 14 45 61 4 14 13 451 45 95 12 4 13 69 60 98 6 98 88 95 124 12 94 83 f Mendoza 7 Vis 51. 4 Prussia 6s 52.... 1 do 68 51 1 Russ Gvt 6sl9ct 5 do 58 21 ctfs. 1 Santa Fe 7s 45. . . 2 Silesia 7s 58.... ceived a contract for the steel re 8S4 95 12 4 12 94 834 61 60 12 25 96 2 West Va Co Chlor 16 Warner Bros Pc rts 1 Willow Cafe w i. . 1 Wheeling Steel .. 4 White S M. wts. . 1 Wilcox Rich Cp A quired for four large pier sheds in 34 34 94 91 90 90 27 27 91 91 27 27 27 27 80 80 80 80 . 80 80 69 69 69 69 69 71 70 70 69 29 30 30 30 30 31 30 30 183 183 39 40 40 40 39 39 40 39 40 106 106 13 13 12 47 47 47 26 26 26 , 26 26 26 . 103 . 103 62 . 62 61 61 61 . 74 . 74 . 74 . 74 74 . 73 74 5 23 do pfd , Spang Chalfant pfd........ Leonard Oil Monongahela Incline Plane., National Union Fire Ins.... Manchester Savings A Trust. 83 South America, and the company's 10 48 151 141 14 234 234 1234 2 Stinnes (H) 7s 36 410 10 West Penn Rys pfd at.... 11 United Eng- & Fdy at.... 10 William Zoller pfd at ... 100 Central Ohio Steel at.... 100 Standard Sanitary at 100 Koppers Gas pfd at...... 500 San Toy Mining- at 10 Ptttsbnxg-h Screw & Bolt at 50 Pittsburgh Screw & Bolt at 50 Pittsburgh Screw & Bolt at 25 Pittsbursrh Screw ft Bolt at 150 Pittsburgh Screw Sc Bolt at 50 Pittsburgh Screw Sc Bolt at 35 Pittsburgh Screw & Bolt at 25 Pittsburgh Screw & Bolt at 10 Pittsburgh Screw Sc Bolt at 10 Pittsburgh Screw & Bolt at 100 Pittsburgh Screw & Bolt at 100 Pittsburgh Screw & Bolt at 65 Pittsburgh Screw Sc Bolt at 20 Pittsburgh Screw & Bolt at 25 Pittsburgh Screw & Bolt at 25 Pittsburgh Screw & Bolt at 15 Pittsburgh Screw & Bolt at 10 Pittsburgh Screw Bolt at 100 Standard Steel Spring- at.. 10O Standard Steel Spring at.. 100 Standard Steel Spring- at.. 115 Standard Steel Spring at.. 115 Standard Steel Spring at.. 115 Standard Steel Spring at.. 20 Pittsburgh Plate Glass at.. 10 Pittsburgh Plate Glass at.. 20 Pittsburgh Plate Glass at.. 50 Pittsburgh Plate Glass at.. 50 Pittsburgh Plate Glass at. . 12 Pittsburgh Plate Glass at.. 25 Pittsburgh Plate Glass at.. 10 Pittsburgh Plate Glass at.. 50 Pittsburgh Plate Glass at.. 22 Pittsburgh Investment at . . 30 Pittsburgh Investment at.. 75 Pittsburgh Investment at.. 100 Pittsburgh Investment at.. JOO Pittsburgh Investment at.. IOO Pittsburgh Investment at.. 10 Pittsburgh Investment at.. 100 Pittsburgh Investment at.. 12 Bank of Pittsburgh at.... 13 Bank of Pittsburgh at.... 100 United Eng & Fdy at.... 100 United Eng & Fdy at.... 25 United Eng & Fdy at.... 25 United Eng & Fdy at.... 35 United Eng & Fdy at.... 15 United Enr Fdy at.... IOO United Eng Sc Fdy at.... 90 United Eng Sc Fdy at.... 10 United Eng- St Fdy at.... IOO Liberty Dairy pfd at.... 100 Liberty Dairy pfd at.... 40 United States Glass at.... 100 United States Glass at.... AO United States Glass at.... 100 West Air Brake at...... 100 West Air Brake at 20 West Air Brake at...... 100 Suburban Electric at...... 100 Suburban Electric at 15 Suburban Electric at 10 Suburban Electric at...... lO Suburban Electric at 100 Suburban Electric at ..... . IOO Koppers Gas pfd at 10 Koppers Gas pfd at 42 Armstrong- Cork at ..... . lO Armstrong Cork at...... 20 Armstrong Cork at 10 Armstrong Cork at.....! 10 Armstrong Cork at...... 40O Lone Star Gas at 25 Lone Star Gas at........ 35 Lone Star Gas at....... 10 Lone Star Gas at....... 40 Lone Star Gas at........ lO Lone Star Gas at........ 30 Lone Star Gas at........ 100 Lone Star Gas at........ 10 Fire Proof pfd at....... 10 Fire Proof pfd at N 10 Fire Proof pfd at SO Arkansas Gas at...... IOO Arkansas Gas at 25 Arkansas Gas at....... 35 Arkansas Gas at....... 50 Arkansas Gas at....... ' IOO McKinney JJf? at 100 McKinney Mfg at 20 Blaw Knox at......... 25 Blaw Knox at......... 20 Blaw Knox at 50 Blaw Knox at......... 50 Dixie Gas at. .......... 90 102 export business from other parts of 3 Fokker Aireraft ..( fi4 The rise in the London rate was principally to check the flow of gold from London to New York, which has been attaining large proportions. So far this week, $15,700,000 in gold has been shipped from London to New York. The movement since last October has totaled more than $100,000,000. 4 25 96 lo 48 26 48 14 33 54 354 5 Tietz w w 7 s46il02 1102 1 W. Oil-o-mat Htr.l 1 Williams R C Co. . I 1 KWinter Benjamin ! 26 38 14 the world is rapidly growing it is 39 14 Z 24 ,626 630 161 16 301 30 -Ai,or1 M,r Canada. '6.10 oOl-ord Motor Ltd.. I 16 BForhan Co A I 31 38 r-enn savings Bank........ U S Light A Power Sloan Zook Products ...... January, 1928. GENERAL HREPROOF1NG. General Fireproofing Co.'s January sales established a new high record lor that month, totaling $740,000. This compares with $638,000 in January, 1923. PACIFIC T. & T. Pacific Telephone & Telegraph system in the 12 months ended Dec. 31 had net income of $14,932,560, against $11,576,395 in the corresponding period of 1927. NORTH STATES POWER. Northern States Power reports for 1928 net income of $8,267,333, as compared with $7,046,401 in 1927. stated. 40 W W Corp new. I 34 33 DIVIDENDS do 7s nfd . 2 Zenith Radio . . . ' 54 4 125 215 36 15 92 23 20 41 The domestic business of the com 154 15 94 354 r Lumrmon rorelgm 15 K 20 Fox Theatr Inn A' 5U 31 K 1 Zonite Products ..! 354 pany is reported as making rapid Penna Bank Shares A Secur. Penna Bankers Shares. . . . . , Haekmaster-Lynn .......... 61 STANDARD OILS. 31 9 71 9 74 li SCOVTLLE MFG. progress, the January sales in 1929 ao pia 1641 16 31 9 71 94 74,i 5o 39 "Freshman Radio.. 1 Camewell Corn 9 General Baking-... I 5 do pfd SO Gen Bronze ' Corp '. 1 Gen Cable Co wtK ANNOUNCEMENTS Scoville Manufacturing Co. an ex- being almost double those of 1928. 142 il4-J SALES. 20 1 ! 54 tra of 25 cents. The company recently acquired 9 V4 71 94 74 55 39 16 31 J 'it 0 9 9 in Memoriam 5 Ansrlo-Amer I 16 1 Chesebr Mfg Co.. 142 20 Contl Oil 21 2 Creole Svnd ..... 94 50 xCumb P L nw. . . 724 30 xGal S O nwpfdctfs 90 2 Humble Oil I 924 I High. I Low. I Close, the A. W. French Co. of Chicago, .H (in Elee Ene" rets 72 4 16 31 16 31 J mi rtiMiM naiiiWAis. builders of road finishine machines 90 72 90 92 1 '' irenrootinr. . 1 Geo Laundry Mch 290 Oil Well Invest.. 200 Duff Norton Mfg 200 Penna Bk S A S 88 I 38 23! 11 39 43 23 924 west Penn Railways CO. regular and other road buildine riroduet. 303 303 50xlllinois P. L 303 - iren Public t,ervioel 39 37 ? 5f JJ"ilty & Util lOO 100 39 37 lt)0 131 i quaneny oi si.ou on me preierrea and this acquisition Is regarded as a 95 95 3 Imp Oil Can Coup t.ien Alden Coal liai tin stock, payable March 15 to record valuable addition to the Blaw-Knox G)ld Peal Eleetriell 40 til 39 t,J 54 24 3!) Bank Acceptance Rates. lOOGoldmn Feb. 25. saebs Trdir 222 !194 4 "'ii Co.'s business. 94 54 24 64 92 70 40 64 T uo xGorham "Nf fr nf.-t i 155 55 244 64 94 70 414 NEW YORK, Peb. 7. Thirty P2 2 Intl Petroleum . . 5 Nat Transit .... 1 S P Oil 70S O of Ind 50 do new 5 do Ky. new 2 do Nebraska . . m loving memory of our dear father. John Mclutyre Howard, who died Feb. 7. 1914. . ,. . God's golden sun is shirnnr Upon our fathers grave: The one we loved so dearly And tried so hard to save: When we lost our dear father. We lost our dearest pal: We love you and we miss you And forever shall. So rest in peace, dear father. Your faith in Heaven s tower: The day when we shall meet you Grows nearer every hour. Sadly missed by wife, sons and daughtera 4 Gotham Knitbac M 13 During the past few months the 134 DUFF-NORTON. days 4 per cent 69-90 and 120 70 40 J ramte City Steel! 37 i-i 4 Guardian 7in tn.l tzK company has put on the market 37 68 155 134 37 58 174 14 Duff -Norton Manufacturing Co. a days 5 per cent, 150 and 180 days, 45 47 17 45 118 1 Greenfield T & Diel 17 J Greif & Bros 14 i 1 Griffith (D W) At 1 1 Vacuum Oil . . .1191118 what Is known as the "Blaw-Knox Agitator Body," a machine for dividend of 62 ',4 cents a share, pay 5l per cent. Bills are moving well. 14 1 c able Feb. 15 to record Feb. 7. INDEPENDENT OILS. aitnougn tne volume of new bills is 164 transporting premixed concrete, and i '''"j-uruniw t,oX'i .InO 1 Hall C M T.amr. Pnl o K 1U. .61 smalL 54 I also a product known as "Floor- 3 Hall Printimr. . . . I 31 PHONENIX HOSIERY. 6 - Happ Candy Stores! 44 30 4 73 i gard," which is an armoring for Phoenix Hosiery Co. regular quar 30 4 74 166 1 Hart-Parr . . . "it factory floors. It is expected that .61 6 4 2 93 96 9 1 11 terly 1, per cent on first and sec .64 6 4' 2 94 96 9 1 11 25 foT'"1 pfd - 166 164 10 Hays-art Inc 53 52 4 2 93 96 9 1 11 ond preferred, payable March 1 to tnese new products will considerably 46H 46H a nafixitc naaio . . - Helena Rubenstein. increase the company's volume of record Feb. 17. EVERY SUNDAY . 73 sales. 15 Am ControI'd O F.J 2 Am Mararaibo ... 3 Ark Nat Gas I 4 Arpo Oil 18 Cities Service .... 1 do pfd 1 do B 1 Colombia Synd . . . 5 Colon Oil 10 Darby Petroleum . 1 Gulf Oil of Penna. 5) Petro Corp Amer. 3 Oil Sto.-ks A 1 Intercontinent Pet. 1 Leonard Devel . . . 2 Lion Oi! ft Refr. . 1 Lone Star Gas rts. 1 Matrdalena Svnd . . 244 244 1 Hevden Chem Inc. 2 Hirps Chas E) A. 1 Holt Henry A . . . . CCSIIMANS SONS. 1471147 149 DAVEGA INC. Davega Inc. January sales jumped 63.6 per cent from the same month in 1928 to $443,992. UNITED ENGINEERING. United Engineering and Foundry Co. reports icr year ended Dec. 31, 1928 net earnings after taxes and depreciation of $826,591, equivalent after dividends on the $1,574,990 of 7 per cent preferred stock to $1.72 a share on the 416,118 shares of no par common stock, compared with $1,642,392 or $3.69 a share in 1927. In addition to net earnings in 1928, the company received $303,928 as a refund for excess income taxes paid lor previous years. FOREIGN EXCHANGE Reported by Mellon National Bank. GREAT BRITAIN. Parity: . 35 . 35 . 35 23 21 24 24 50 42 10 52 34 34 i nouopnoirl Fin 23 21 24 24 50 43 10 53 824 Cusmmans Sons, Inc., regular 16 2 Hjirrade Food P Livestock Market 4i : 4 34 17 2 5 31 74 5 16 1 5 30 74 1 Imp Chem Indust. 1 Indus Fin cts 3 Iustir Co of V A quarterly $1 on common, $2 on 8 per cent preferred and $1.75 on 7 per cent preferred, all payable March 1 4 . 4 80 524 46 33 21 24 24 50 42 10 62 80 314 12 17 31 45 184 96 8 5?a 81 74 10 Insur SeoiintiA . 4 3 2 I 314 12' 12 .75 .80 l Infl Products Corp to record Feb. 15. . 16 1 20 234 . 16 1 Mountain ft Gulf . J 4 Mountain Prod 5 Mo Kan Pipe Line 2 New Bedford K.TCUKSIOSS . AKRON, OHIO $2.75 YOUNGSTOWN, OHIO $1.75 NEW CASTLE, PA. $1.75 ELLWOOD CITY, PA. $1.50 Leave Pittsburgh 1:30 A. M.. Eastern Tims). Returnlnr Leave Akron 7:M P. M. YonBKstawn S:l. p. m.. New Castle 9:4S P M.. EHwnod City 10:7 P. M. BALTIMORE Cz OHIO RAILROAD 17 I 17 31 4 I 31 471 45 19 I 18i CENTRAL PUBLIC SERVICE. Cattle Steers, 1,100 to 1,300 pounds, good, $12.50-$13: 950-1,100 pounds, good. $12.50-$13; 800 pounds up, medium, $11-$12.75; common, $9-$ll; heifers, 850 pounds down, good, $10.50-$12.50; common and . 40 . 40 Central Public Service Corpora 1 NMex A Arix Land1 i jnu frojector . , 1 Iron Firemen cts 1 Intl Utilities A. 30 do B 1 do pfd 3 do wts 5 Italian Sup Pwr 1 do wt 961 96' 91 81 16 'il 16 V I J 20 24 44 7 19 104 18 O 8 27 13 5 tion regular quarterly 434 cents on class A, payable March 15 to record Feb. 23. 19 104 18 O I 11! 10 t 100 Dixie Gas at., . 41 . 41 . 13 . 13 . 13 . 13 . 13 . 12 . 12 SO xj 4 I. steel. . . 125 ;125 - .fw x ortv et. . . . 1 NorCent Texas Oil. 2 Pac West Oil 2 Pandem Oil 5 Pantepec Oil 4 Plymouth Oil 1 Red Birsk Oil Co. . 2 Reiter-Foster medium, $8-$10.50; cows, good, $8.50-$9.50; common and medium, $6.50- at. oO Dixie Gas 14 19 23 4 7 19 104 18 84 27 13 5 24 8 2 4 19 6 4 2 Joske Bros cts . . I 421 42 ZO Dixie Gas at.. 125 42 44 18 46! 44 $8.50; low cutters and cutters, $4.50- 2 Keystone Aircraft..! " Jonas Nausbersr . . I I CENTRAL GAS. Central Gas 6z Electric Co. regu 18sl 18 I 55 I 54 $6.50; bulls, yearlings exclusive, S4 1 Rioh'd Oil pfd wts . 12 .1 Ryan Connol d I a V 27 13 5 24 24 19 5 4 lar quarterly $1.75 on 7 per cent pre- 4 8665 Pounds sterling: Demand 4 s4 7-16 table - Bankers. 60 d. 4.81 Hankers. !0 d. 4. ,0 10-16 good, beef, $9.25-$9.75; cuter, me- Yesterday. 4.8 1 4.85 4.81 4.79 15-18 I 511 51! 51 ! 25 25j 25 1 do pfd S Kimberly Clark . . 1 Klein P E Co. . . . 2 Klein Hem-y rM. . 1 Knott Corp . 13 . 1? ferred and $1.62 on 6& per cent pre- dium, $8-$9.25; calves, 500 pounds 1 Salt Creek Prod...! 24 2 Texon Oil 4Ld new 19 1 Venezuela Pet ... 5 lO Dixie Gas at.. 100 Dixie Gas at.. 10A Dixie Gas at.. 200 Dixie Gas at. . IOO Dixie Gas at.. 100 Dixie Gas at. . 100 Dixie Gas at.. 100 Dixie Gas at.. IOO Dixie Gas at. , 100 Dixie Gas at., 1 00 Dixie Gas at. . 100 Dixie Gas at. . I 21 1 21 I 21 i 32 'i ! 32 ! 32 March 1 to record ferred, payable 31 I 36 31 THE CONTINENT. 1 Y Oil Sc Gas I 4 2 Lak Sup. Corp. . down, medium, choice, $11-$16; cull, common, $6-11; vealers (milk-fed), Feb. 13 13 12 13 12 11 12 33 2 Lakey F. ft M...I 3.1! 33 MISISG STOCKS. .AS.f""1- : 391 1-16 .0390 13-16 29 33 I good, choice, $15-$17.50; medium 1 I.arrowe Milling- Co! 29 ' 2 1 Lef court Realty . . I 33 I 33 11 liem.ind i'-""'.":1 . iwn.ina ..,.... .Ill .30! IIELENA RUBINSTEIN. Helena Rubinstein, Inc., declared $13-$15; cull, common, $7-$13 3 .30 1 do rfd t 38' 38 13 M3 iieU-mm, cents a bel; Demand Cables -l..2 19 Lebi C. & Nav. . .161 . 157 '159 UNLISTED. Hogs Heavy weights, 250-350 .10 .29 19 14 I 1 13 .130O 14 pounds, medium, choice, $10.10- 1 19 14 1 14 .20 90 Am Commander . . :00 Arirona-Globe Cop 2 Bahia Corp 2 do pfd 12 ComstiK-k Tunnel . 2 Cons Copper 10 Cons Nevada Utah. 2 Cresson Con Gold . . 10 Divide Extension . 1 Dolores Esoeranca an initial quarterly dividend of 75 cents on the preferred stock, payable March 1 to record Feb. 18. 14 V, 3 Leh Val Coal Crp' 24 i 24 1 24 2 L-O Sheet Glass. J2O9u:205 1209 H 1 Lit Bros I 23 1 23 I 23 1 Loew s. Inc.. wts' 371 36 I 37 II,. I. Liffhtinr. . . .1 65 64 64 2 McGraw-Hill Ptib I 45';! 451 45 0 ! $10.45; medium weights, 200-250 pounds, medium, choice, $10.35- 19 30 Switzerland. ra ,r in--"ti Dcmaud iur.Sf 10-"4 tables 1925 .19 6.2ti Italy, cent a lr,a : KS;-."d.:::: fc-SiVie $13 , 95 .96 .12 1 .12 23 2 Marconi lnt M t om S3 SO Germany, cenis a mars.. Over-Sunday Excursion, February 9-10 07.50 NEW YOE1K 07.25 PHILADELPHIA AND RETURN SPECIAL TRAIN Casters Staadard Time Lv. Pittsburgh (February B) . - - - 7:50 P. M Ar. North Philadelphia (February 19) - . 5:13 A. M. Ar. New York (Penna. Station) .... 7:20 A. M Stopping- at East Liberty and Wilkiasburg-Lv. New York (February 10) ... 7:15 P.M. Lv. North Philadelphia ..... 9:32 P.M. Arriving Pittsburgh at aa early hour Monday morning, Feb. 11 TUkmtt roes! only in coh on Sptciml Trmin PENNSYLVANIA RAILROAD 3 Evans Wallover Ld v- j v- -t iu.ou; ngnt, weignts, itu-zuo pounds, rrocluce tLxcnange medium, choice, $10.25-110.50; ught O liphtJt. 130-1 BO nounrlK nmrtliim 10 do Wireless Cnda' !372 IOO Aluminum Goods at 39 150 Van Alloy Steel at 6o 100 Western Public Service at 25?- 100 Western Public Service at ioj, , 40 Western Public Service at 2. , 20 Western Public Service at 2a 200 Western Public Service at ' 100 Western Public Service at i- j 25 Western Public Service at 25 I , 75 Western Public Service at Zo'n j 100 Western Public Service at 2a i 10 Western Public Service at 2. 25 Western Public Service at 2o j 20 Western Public Service at 2o j 50 Western Public Service at 2 a 50 Western Public Service at 2a .37 Iieniaud r,:'iTi .39 ft aicon Lead . . . 96 20 First Nat Copper1 1 9 ! 1 9 '19 52 1 52 1 52 8 ; ! 8 I 8 i no s. oo I OO .24 1 .24 4 cnoice, $9.75-110.4.0 ; sum pigs, 90- .2374 .2673 .2674 .2665 4 .201 .95 .11! 1 22 .36 .961 .24 4 .45 17 8 21 4 .72 1 5 130 pounds, medium, choice, $8.25- 45 .45 77 K ! 76 71 7 26 so Sweden, cents m krone: Pemand s'.i . t ables ."t,'V g,j o Norway. cent a krone. J)eniand V'.,.2 C'ible .... .-uoij BR so Denmark, cents a krone: ,!., frN 17 3 do London B. . . ' 2 Marion t Shovel' 5 Mavis Eottlinc ..I 1 Meadows Mir . . . . 1 2 Mefn Cb Strs...! 1 M. W. rtilities rU' 1 Mid Cont La . . .! 1 Miller Sons Inc. I 2 Miime-Honeywe!! ..' 1 f ockJinison iVhar' 1 MhwkHud Val wts' $10;" packing sows, smooth light 8 i" iuiueii teni it rts 20 Burmah Ltd 10 Goldfield Consol . 1 Hecla Mining . . . 1 Hollinser Gold . . 10 Hud Bay MAS. 1 Iron Cap Copper. 1 Kerr Lake .- 3 Mason Vallev weignts, exclusive, $8.25-$8.75. 21 .26oo .2065 4 17 8S 22 4 .72 IS 5 34 1 41 63 34 I 28 I 54! 25 23 72 30 Western Public Service at 10 Western Public Service at Sheep Lambs, 84 pounds down, good, choice, $16.75-$17.25; 92 .2d66 Sales. t High I Ixw Pact 50 Allied P&L pfd.. 78 78 78 1000 do common .. 38 37 38 1100 Assd GtE com.. 27 26 26 IOO do rights 4 4 4 2600 Bagdad 6 4 4 500 Big Missouri ... 2 1 1 4.10O Fin Ind 14 144 146 20O lnt Ger 87 66 56 300 Splitdorf 9 9 9 100 Sudbury 9 9 9 500 Union Cigar .... 9 9 9 20 Bank TJ S 222 222 222 100 Hudson Gas .... 10 10 10 500 Natl Lib Ins 35 34 34 100 Pub Fire 32 32 3 i 1 1 ft : 0129ti 5 Mining Crp Canada 12 Montecatmi rts . . pounds down, medium, $14.50-116.75; 77 7 34 6 34 28 5 49 26 79 70 35 43 II .O120 .0129 .0129 7-18 3 New Cornelia . . .1 42 34 41 63 34 28 49 26 79 70 35 42 45 41 Dcmanu t able . . J9 :i0 pain I wmand I971l95 3l 3 all weignts, cull, common, $10-$1450; yearling wethers, 110 pounds cents a peseta: .15S.I ! . . .1585 5 42 196 3 62 3 46 .71 63 .1580 .1585 .4002 C';itles ALLEGHENY PITTS BTTB.GB COAL COMPANY. West Penn Buildlnf. 14 Wood Street. Pittsburgh. Penns1!1"! February 6. 1929. NOTICE OP ANNUAL MEETING OF STOCKHOLDERS I 4 9 ' 26 I 79 I 71 i 35 ! 43 , 46 .1 11 I 36 norm down, medium, choice, $10-$14.50: 3 ewmont Mining . 1 Nipssoing ....... 5 Noranda Ltd 20 Ohio Copper 12 Roan Antelope Mg 2 St Anthony Go ld 10 San Toy Mining 61 3 46 .69 0 20 Hollaud. cents a Demand .4006 4O06 i 1 Moody s Inv erv 1 Munio'l Serv Co. 1 Murphy Co 10 Nat Aviation . . . 1 Nat El Pwr A. . . 15 Nat Family Strs. 3 do Pfd . . . . 1 Nat Food Prod B. 1 Nat R',ib Mach. 1 NatSnrRef N J. 1 Nat Tea new 2 Nat Thr Supply. 1 Nat T Journal . It XV-tii . -Its 'cents a shuline: Cables . ... . 14-25 Austria, 47 .71 .15 22 SO ewes, 120 pounds down, medium, choice, $7-$9.50; 120-150 pounds, medium, choice, $6.50- $925; all .14125 35 14125 7-!atiucK nem .Mng Chicago Grain Market. Demand To the Stockholders of ! .14 21 79 .16 .14125 I 491 50 l 5 i.- ivenne topper new. 87 I 87. 1 87. H Standard Sil A Ld .16' Wheat weights, cull, common. $4-$7. 9. COAL COMPANY : Th inntiil mnetinr of the stockholders 9 Ti .14 21 79 .16 .17 21 2 5 2 .16 .1125 .lloO LOW FARE ROUND TRIP TICKETS . . .14125 cents a loty: . . .1125 . . .1130 . cents a pengo . . 175 30 30( 30 Not extreme limit of grade. 21 M arch .... May July Cabies - Jl 22 Poland. Dem ami t ables J7.50 Huntary Demand t ables . .- of the Allegheny Pittsburgh Coal Company will be held at the office of the Company. .17 21 2 5 11 t" lonoral Lxtension 7 I ni Verde Exten. 1 United Zinc Smlt. 5 Utah Apex 15 Wenden Copper . .1745 I VetsnerBrs Tnc new 153 West Penn Building. No. 14 Wood fetreet. .1750 Corn-March. . . 1 Nelson Herman Crp' 26 6 1 26 .17oO 2 Low 123 126 128 95 98 101 52 62 49 Close 123 127 128 96 99 101 52 52 40 WEST PENN REALTY COMPAITT, NOTICE or 1 Newport Co A DOMESTIC BONDS. 3 Newton Stl new.. ANNUAL STOCKHOLDERS' MEETTVn Pittsburgh, Pennsylvania, on ibiitoj, February 21. 1929, at 3:0O o'clock P. M being the third Thursday in February, for the purpose of: ' July...... 50 50 I 50 72 i 70 V, ' 72 22 I 22 22 48',' 4j 48 42.! 42 -i 4 'U uction A . . . 5 N Y A'l 1 N Y High I Low I This Tamimrsr w i. Ha gales On 1.0O0 Notice is hereby riven that the annual meeting of stockholders of West Penn Realty Company will be held at the office ?ale I Edit. Sale ' a y"t Vitnra S Com. . l. tlectmg a tjoara oi nve uirr-jion,. r r.n.LWir And taking action upon lti,:ind0 O 75 0175 v ji t tia cent- a crown: Ctf ho-M'aKia. OT(.,95- .0295 l.?!a?d 02 96 :0206 JPStfRnUii Vm.hU"1 .0060 P!hl " -0060 .0060 82 82 I 82 1 Nichols A Sbep Co WAStasrca. fa. and Return and Retttrn Hiirh 124 127 129 96 100 102 53 53 50 nom. 12! 50 13. OO nom. 110 110 109 Open 124 127 128 96 99 101 52 63 49 11. 90 12.17 12.47 12.91 13.35 109 108 102 oi tne company, esi renn Handing. No. y 2-3 1 Nile B A Pneu.. 224 usi M arch .... May July Lard March. ... May July proposals to amend Article IH of the Bylaws of the Company so as to provide for 14 Wood Street. Pittsburgh. Pennsylvania, on xnursaay. r eoruary :i, a. l. l wzy at Tickata sold daily and valid for two days, including data of sale When sold on Saturdays, tli ay will bo rood returnint until tha fallowing Monday, in- clusivo- Travel in Comfort mm Fast, Froquaat Train Sorvieo '1.25 2.65 '1.75 a Chairman OI tne oaro. oi uirecMrrs. m fnmntmiw mnit a General Auditor. aBd to 12.17 12.47 Xtan o clock V. M . tar the nnrrwu 12.17 12.47 electing a Board of five Directors, of vot 1 Noma Kieeirie ... -.j -i RON Am Aviation.. 17 16 16 2 North Am Uulity 15, 15 15 1 do 1st pfd 95 95 95 1 Northeast P Corp 55 54 S I 54 IN States Power .. jl 52 152 152 1 Nor States Pwr rts 8 I 8 I g SOI. Ill iatn"-', .. .. irrontuu. Argentine Paper dollar: Rv ing upon tne approval oi an contracts, 15 Abiti P 4 P 5s 53 A! 87 1 87 1 87 15 Alabam P4s 571 84 94 94 1 Allied Pack Se '39.1 65 i 65 I 55 10 Aluminum Co 5s 62 lol ilOl 101 1 Am Cora Al 6s '43 125 1125 1125 7 Am G k E 5s 2008; 96 I 96 96 14 Am P A L 6 '16.1105 1105 105 1 Am Roll M 5s '43.1 96 96 I 96 1 Ara seat 6s 38... I 97 I 97 ! 97 6 Am S C 6s '3dll7 llH ltti lo Appal Pwr 5s '56.1 P8 PS C I 98 1 Ark P Lt 5s '53. .1 96! 96 i !rt Asso G-E 4 s 48. 122r 117 122 13.90 13.00 4 16 define the powers and duties of said officers. I 3. Approving and ratifying all contracts, acta and proceedings of the Board of Di acts ana proceedings oi tne Board ,l Di Iictiiand .... IS'-.JJ 42.20 rectors since the last annual meeting of . - ' M.Vil. paper milreis May. . July. . Rye-March May. . July. . 13 N Y investors ? i: 4ft 1 rectors, since tne last annual umuiii oi s- i ' 11.94 11.99 45! 4.1, STKromiiE, o. and Return the stockholders, as set lortn in me atin- 109 108 108 110 110 109 stockholders, as set forth in the Minute Book, -which vrill be presented to the meeting and be open to the inspection of the stockholders, and for the traniuictiofa i 11.98 ' 1 Northwest Lnt ..i b 1 Pond Creek Poci I 11 1 Novadel Airne I'fd w'i s,;, Cl.ile: Ver sold, i A-mano . , - . 11 11 90 ! HO in ;n i 27 I 27 12 06 12.11 eueh other business as may properly come x5ikia G A r. ptd. . lit ute Book, which mill be presented to the meeting and be open to the inspection of the stockholders . 4. Transacting such other tmstneca as may properly come before the meeting. '147 do 5 s "77". '. '. '. 1'S in 1108 12 .r im HHUiTl Mri li 1 BR ti I Kill. Deiore tne meeting. BY ORDER f) TTTT- HERSHEY CORP. Hershey Corp. for year 1928 re fl!.;342S nr'uVuay. iff -sT5 1 35 5 Pac G A t-i o pia -1 2 Par Cab Corp 1 37 1 Pender Groc A ..." 2 BOARD OF" DIRECTORS O Pennsylvania RaUi-oad Q 1 J.-, - !)' Q1 lll.t Ul' .an Penny J. C 40 3P8 '3S18 SAtlaa Ply 5a43. 96 I i3 96 ports net income as $404,805 after all ''l'L".v; VTravi;E IN NEW YOKK. By jtti-ir.tt ur inc BOARD OF DIRECTORS A. E. MUBRIE. Secretary. . T.nnv JC) A Dfd 1 91 H!l . 1" i ." 4 Bales Valve Us'42. 109 !l08'108 MEVr Canad.ao dollar: per charges, including iederal taxes. 1 Dated February S. 182. cents 1 Beacon Oil 6a a.lll2 1112 ;112 2 I'enn .- 1 1 a i z ILlSLJtB.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,700+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Publisher Extra Newspapers

  • Exclusive licensed content from premium publishers like the The Pittsburgh Press
  • Archives through last month
  • Continually updated

Try it free