The Pittsburgh Press from Pittsburgh, Pennsylvania on February 7, 1929 · Page 33
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The Pittsburgh Press from Pittsburgh, Pennsylvania · Page 33

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Thursday, February 7, 1929
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THURSDAY, FEBRUARY 7, 1929 THE PITTSBURGH PRESS Want Ad Headquarter; Court 4900 Other Departments, Court 5450 THIRTY-THREE PGH. COAL CO, REPORTS LOSS Net Operating Deficit Reported at $493,871. 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 Total lrv-oine StiJl.i'1'1 -Sl.31ft.943 f 154.444 Maiiitenan'-e, depreciation, etc. 472. 53 777.730 466.357 Net profits S 11 9.452 Pref-'rrrci iftvidends 1.040.959 539.213 1.043.506 5620.801 5988.335 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 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 Profit and los surplus 15,834.730 $16,726,237 $16,334,549 New York Curb Market Operations By R. L, GRIDLEY, United Press Financial Writer. NEW YORK, Feb. 7. Unexpected action of the Bank of England In raising its rediscount rate to 5Va per 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 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 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. NEW YORK. Feb. 7. Following- is a lit of to k.- traded in today on the Sew York Curb Market: INDl'STRIALS AND .MbCKI.LANEOLS. (x indicates odd-lot sales; y indicates ex -dividend.) Sil"s 'in hundreds) High j Sale I Low i This Sale I Edit. 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 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 J.( Brooklyn c K K 3 Buf. Niap Pwr. 1 do pfd 1 do A 3 Billiard Co- New. I 3 Butler Bros I 36 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 J City Radio Store.! 284 121 12 8 3 52 170 15 38 11 46 T4 26 61 22 68 72 152 1534 25 I 25 24 0'4 I24 40 HI 40 ? 69 I 60 121 1121 34 52 Vi 170 15 38 11 46 26 61 26 17 H 20 95 2 36 51 2 34 90 92 17 21 06 T4 2 37 61 O 34 90 964 lOO 1100 141 14 65 I 65 48 HI 48 56 V; I 56 142 170 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 10 s. I Kl'.'llll. I 731 701 71 I 26V;1 261 26V4 641 64 64 SO SI 50 1 SO 1 Cities S PiL. 7s pf 36 14 36 45 230 44 93 16 39 41 133 27 85 112 10 13 6 36 14 36 46 230 44 93 Va 17 39 41 133 27 85 112 I 10 ?4 I 13 76, Sales fin hundreds) I Hiirh I Low I Sale ! Sale This Edit. 4 Penn-O Edison 3 do wts . . . . . xlO do 7s pfd 2 do 8 cfd .. 1 Penn P & Lt I 69 I 38 105 i 84 pfd lio 38 I 3?,, 105, 103 94 94 1 1 11 1 1 lo 2 lsinl.. n t I 57 I 74.14 76 x2o Pepoerell Mfir 112112112 293 3 9 28 184 62 34 47 112 80 103 8t 40 74 55 74 51 2 37 15 50 44 19 95 200 137 21 32 77 30 --i 3 59 39 264 70 179 79 40 107 28 S 28 HOT 1107 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 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. 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: 4 8665 Pounds sterling: Demand 4 s4 7-16 table - Bankers. 60 d. 4.81 Hankers. !0 d. 4. ,0 10-16 THE CONTINENT. .AS.f""1- : 391 1-16 .0390 13-16 liem.ind i'-""'.":1 . .130O 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 S3 SO Germany, cenis a mars.. Iieniaud r,:'iTi 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 3 2 I 31 4 321 32 77 76 39 39 243 1243 102 ilOl 12 22 100 1 7 33 104 235 564 45-14 119 314 32 77 39 243 101 4 12 ' 22 101 17 33 104 235 564 45 1119 40 381 39 24 23 24 i 34 I 34 34 28 I 27 28 630 1625 1625 22 941 22 I 22 22 J 2 163 11031163 27HT 27 I 27 471 47T4I 47 86 186 1641 16 504 1 504 I'l 7B I 186'4lf 17 1 53 I 2 City Much & Tool. 1 llub Alum Utensil. 1 Colgate Pairnolive 1 Cohn-H.il 1-Marx Co lOxConinwIth Edison 1 do pfd 1 Cons Cierir wts 1 7i 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' 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 J Duoilier Condenser bo xuuKe Power 6 Durant Motor a 2 East States Pwr B' :r ond & Sh Sc!231 i !225 i I2"9 1 In.Vf;.?r' tJ'WiOSHIlOt? T rwx7' i1-"".. i 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 3 Fokker Aireraft ..( fi4 -Ai,or1 M,r Canada. '6.10 oOl-ord Motor Ltd.. I 16 BForhan Co A I 31 r Lumrmon rorelgm 15 K 20 Fox Theatr Inn A' 5U "Freshman Radio.. 1 Camewell Corn 9 General Baking-... I 5 do pfd SO Gen Bronze ' Corp '. 1 Gen Cable Co wtK .H (in Elee Ene" rets 1 '' irenrootinr. . 1 Geo Laundry Mch - iren Public t,ervioel 39 37 ? 5f JJ"ilty & Util lOO 100 t.ien Alden Coal liai tin G)ld Peal Eleetriell 40 til 39 t,J saebs Trdir 222 !194 4 155 134 37 58 174 14 i '''"j-uruniw t,oX'i .InO x50 Phelps Votigo Corp.305 2 Philip-Morris .... I 3 1 doA 9 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 x25 Procter & Gamble 358 !358 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 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, 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 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 10 United Gas Improvll79 305 3 ! 9 28 184 62 35 47 114 ! P1 (358 10 J "a 8 40 74 65 74 51 2 37 22 15 60 44 19 95 205 138 21 32 77 30 1 S ales (in 81.000) I Higrh I Low Thia I Sale I Sale I Edit. 39 74 59 97 '4 67 29 391 39 69 I 59 97 97 f5 65 I 29 I 29 60 28 14 45 61 4 151 141 14 234 234 1234 Z 24 ,626 630 161 16 301 30 60 4 I 59 291 284 14 13 451 45 61 34 60 34 31 K 9 V4 71 94 74 55 39 16 31 J 'it 39 154 31 9 71 9 74 li ! 54 16 31 54 30 4 73 iwn.ina ..,.... 13 M3 iieU-mm, cents a bel; Demand Cables , -l..2 Yesterday. 4.8 1 4.85 4.81 4.79 15-18 lOOGoldmn uo xGorham "Nf fr nf.-t i 4 Gotham Knitbac M 13 J ramte City Steel! 37 i-i 4 Guardian 7in tn.l tzK 1 Greenfield T & Diel 17 J Greif & Bros 14 i 1 Griffith (D W) At 1 1 Hall C M T.amr. Pnl o K 1U. 3 Hall Printimr. . . . I 31 - Happ Candy Stores! 44 1 Hart-Parr . . . "it foT'"1 pfd - 166 164 10 Hays-art Inc 53 52 a nafixitc naaio . . - Helena Rubenstein. 1 Hevden Chem Inc. 2 Hirps Chas E) A. 1 Holt Henry A . . . . i nouopnoirl Fin 2 Hjirrade Food P 1 Imp Chem Indust. 1 Indus Fin cts 3 Iustir Co of V A 10 Insur SeoiintiA l Infl Products Corp 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 SO xj 4 I. steel. . . 2 Joske Bros cts . . 2 Keystone Aircraft..! " Jonas Nausbersr . . I 1 do pfd S Kimberly Clark . . 1 Klein P E Co. . . . 2 Klein Hem-y rM. . 1 Knott Corp 2 Lak Sup. Corp. . 11S;118 28 88 mi i , '101 161 16 301 30 38 59 40 26 70 179 79 40 106 106 & Pw A Prod Trav 46H 23 21 24 24 50 42 10 52 80 46H 23 21 24 24 50 43 10 53 824 3 2 I 314 12' 12 17 I 17 31 4 I 31 471 45 19 I 18i 961 96' 91 81 16 'il 16 V I 11! 10 t 125 ;125 I 421 42 46! 44 I 18sl 18 I 55 I 54 I 511 51! 51 ! 25 25j 25 I 21 1 21 I 21 i 32 'i ! 32 ! 32 31 I 36 31 15 31 9 71 94 74,i 5o 39 16 31 J 37 lt)0 131 3!) "'ii 155 134 37 68 17 14 1 c 164 30 4 74 166 524 46 33 21 24 24 50 42 10 62 80 314 12 17 31 45 184 96 8 5?a 125 42 44 18 S4 46 United Lt 2 do B 1 United Milk 8 Union Air & 1 do pfd . . . 111! S & Foreign Seel 2 U S Foil CO 1 U S Freight Co. 1U S Gypsum.... 1 U S Radiator 25 Universal Aviation 1 Univernl Insurance 5 Utilities Pr & Lt B 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.) . lffest Auto Sup. A 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 1 W. Oil-o-mat Htr.l 1 Williams R C Co. . I 1 KWinter Benjamin ! 40 W W Corp new. I 34 2 Zenith Radio . . . ' 54 4 1 Zonite Products ..! 354 37 484 16 94 78 61 63 105 65 59 25 75 41 33 34 34 32 20 90 83 60 10 55 72 4 25 96 114 48 26 39 14 90 42 50 71 14 16 26 330 65 166 42 94 57 42 3 46 11 33 67 18 135 34 25 I 98 H 20 73 55 60 31 55 64 12 25 130 11 29 68 490 l 105 55 12 18 26 36 65 67 32 61 34 31 176 36 48 16 92 Va 76 60 57 103 6oV 67 234 75 41 344 34 31 20 87 814 58 10 55 70 4 25 96 lo 48 26 48 14 33 54 354 90 42 50 71 14 16 26 330 66 166 42 94 67 42 34 46 11 33 67 18 135 I 34 29 98 20 73 55 62 31 57 64 12 25 130 30 58 495 32 105 65 V4 1 18 26 36 68 72 34 61 34 3 176 37 48 16 92 78 i 61 68 103 6 68 24 70 41 34 34 k 31 20 89 82 58 10 55 70 4 25 96 10 48 26 38 14 33 94 354 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 89Coml inv '1' 49. .. lUoi 105 6 Con G & E fis'58. 90 90 15 Con Oil 5s '37. 94 94 9 Cudahy o t 37 98 Vi 98 10 Det C Gas 6s '47 A 105 105 4 4 Det lnt a UVis o2. Vo 94 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 2 Fink Rub ftB '31 94 94 4 Fabrics Fin '39 A. 101 1004 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 2 Geu Vdy Cor 6s 37 85 85 18 Georgia Pwr 5s'67 98 97 1 Goodyr taiasai s9 99 T4 4 Gulf Oil Pa5s'47.. lO0ll00 lOHoumon ubovjaij o i o do 6s '43 A .... I 90 90 loll! P&L 5s'54 B.llOO lOOi; 21 Ind OiliGas 6s 39.il03 102 2 Ind P&L Co5s 57A 98 984 J. lull sec os (..,, t(t. 6 lnt Pwr os'57 new. 8i I 95 do 6a '52 95 HSU 6 Inv Co Am 6sA'47 103 101 1 la INTO LftfD8 3A H.i - 35 Kendall 5s '48A. 97 27 Hoppers G&C 6s'47 99 2 ixmitfn f s eszosts io.- 1 Long Isl Lt 6s-45. 105 2 La Pwr&Lt 5s'57..1 95 5 ManitobaPL5s'51 10O 1 Mass Gas 5s'46. 103 8 McCord RAM 6s'43 97 94 15 Memphis NG6s'43A 100 4 Met Ed Pa4 Vs s'68D 98 H 1 MUwauke G4Vis 67 99 1 Morrie&Co 7s '30 10O 5 Narraeanset 5s'S7A 99 1 Natl PiL 6s 2026A!105i 10 Nat Pub Ser 6s'78. 824 10 Nat Rub Mchtitf'43 144 10 Nat Tr Jrnls 6s'38j 93 8 Neisner Br R 6s 48 107 59 NYiFor I5s'48A 83 1 N E G i E 6s 471 97 30 N Y P A L 4 67 92 4 5 N I P S Co 6s 66 100 2 Nor St Pw 6s 331104 8 Ohio Pwr 4 856DI 92 4 1 Osrood Co 6b 38.100 5P G V E 48 57E 97 Pac Inv 6s 48 A 96 11 Pac W Oil 431 96 P O 68 SO w war A. G. SPALDING 0FFERSST0CI( 50,000 Shares of Common - in New Financing. PITTSBURGH MARKET Interest In the proposed Issue of Pittsburgh Screw & Bolt was tense 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 local exchange. CLOSING QUOTATIONS . Banks 1014 95 101 'i 80 96 98 95 105 HO V4 94 98 "A 105 wo 87 95 93 85 94 ioo 4 92 7 98 85 100 834 85 974 99-5 100 90 90 100 103 98 904 86 95 101 4 931 93 99 104 97 99 105 105 1105 95 I DSi. 1001100 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 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 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 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 since 1903. Additional offerings follow: Tidewater Power Co. $5,300,000 first mortgage 5 per cent bonds, series A. Priced at 94 and inter est to yield 5.35 per cent. Offered by E. H. Rollins & Sons, Howe Snow W., Xil.. VlVl VU1U11J VV f ., T ih.. Joiner & Co.. Inc.. Halsev Stuart & I Liberty Dairy com Co.. Inc Hemphill Noyes & CO., MSSSy jftV t-oinn & Burr, inc., utis ez sjo., Stroud & Co., Inc., Emery Peck & Rockwood Co. and Eastman Dillon & Co. Pittsburgh Investment Securities was at a new high record. Koppers Gas 6c Coke. Pittsburgh Plate Glass, McKinney Manufactur ing and Suburban Electric Develop' ment were steady, with National tire Proofing preferred. In the fuel section Arkansas Nat ural Gas sold in a small way, around Its prevailing price. Dixie Gas showed a yielding tendency. Western Public Service, in the unlisted section, was moderately ac tive and showed little disposition to move in either direction. I Bid. I Ask. Allegheny Trust Bank of Pittsburgh N A Colonial Trust Co .......... Diamond National ........ Fifth Avenue Bank Keystone National ......... 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 Koppers Gas & Coke pfd . . Dairy ptd ....... 315 606 145 330 50 15 4 8 61 40 8 27 ; Natl Fire Proof com Natl Fire Proof pia . . Penn- ederal com . . . Petroleum Exploration Pg-h Brewing- com . . . Ptrh Brewing- pfd ... Perh Invest Sec ...... Pg-tl Oil & 1t9 Psa Plate Glass 100' 1 Penn P & L 5s 62B 101 5 Phila R T 6s 621103 4 P C of N Y 5 8471 98 a K J X & S 5S 43 95 4 Roch C Pw 5s 63 87 1 St L G & C 6s 47 89 12 S R E 6s w c st 92 1 Scripps.EW 5643 94 5SWP4s67l 93 10 Snider P C 6s 32 103 28Soue P 6s 2025A'104 42 So Cat Edis 5s 51,1014 1 do 68 52 ilOlH 1 So Cal Gaa 6s 37 92 2 So Dairies 6s 30 . 98 3 SouthwO&E 6s'67AI 96'4 1 Staley Mfg- 6s "4Ei 98 1 Std PAL Cm 6s'57 99 2 Strauss Nat 6s '38132 15 Sun Oil 58 '39. 1101 V4 2 Swift Co 6b '32. . .100 7Un Am Inv 6s'48A 113 3 Union Oil 8s '31 . . 71 5Utd L4R 5s '42 92 T4 8 do 6s '52 A... 1101 8U S Rub 68 '30 100 2 do 64s 31 ... IOO 23 Thermoid Co 6s-34!l04 6 U S Rub 6s '32 100 do 68 '33 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 11 Westv Chi 5s'37 6 Wheel 9 4s'53B J Vlr K ft P 5s 55A 100 094 100 100 100 100 114 103 89 99 103 974 994 98 99 100 99 Vt 105 iH 93 107 93 97 92 100 103 9 2 100 974 954 96 100 101 103 97 95 87 894 92 84 93 102 103 101 101 4 924 98 96 98 99 132 lOl 100 110 71 924 100 100 100 102 100 100 994 100 100 100 100 1124 103 884 99 1UJ ' 97 99 98 99 100 99 1UB 82. 144 83 107 97 92 100 103 92 V 100 Va 87 6 96 100 101 103 97 87 894 93 94 93 102 103 101 101 924 98 96 98 99 132 101 100 110 71 92 100 lOO 100 104 100 100 094 100 100 100 100 114 103 88 i 99 Oil Thermoid Co. $2,500,000 five-year 6 per cent sinking fund notes with Pirn screw Boiw stock purchase warrants and $1,- Plymouth oil . . 000,000 of 7 per cent cumulative pre- geEner ln; f erred stock and 10.000 shares com- SSS? Mim mon stock. Priced at par for the fnd s.ni Mcom 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 ferred stock each. Offered by East man Dillon 6s Co., Schulter 6s Co., Inc., and Oliver J. Anderson 6s Co. 7 99 1 55 1 103 73 15 13 34 4 6 30 I 4 i 185 325 80 540 39 87 30 4 8 61 20 40 H if 27 5 274 7 12 6 Unterelbe Power 6s Light Co. of Germany, unstated amount of two-year, 6 per cent notes. Priced at 99 and interest to yield 6.50 per cent. Offered by A. G. Becker 6s Co. Holmes Airport, Inc, $2,215,000 6 Jan. 2, 1949. Offered by E. H. per cent convertible debentures, due Holme & Co., Inc. City of Omaha, Neb., $650,000 4 and ' per cent bonds dated March 1, 1929, and due Marcn 1, 1839, to 1949. Priced to yield 4.20 per cent. Offered by W. H. Harriman 6s Co., Inc., and Kean Taylor ds Co. Atlantic Securities Corp. $5,100,000 units of $3 cumulative preferred stock and no par common stock. Priced at $85 per unit of one share of common and one share of pre ferred stock each. Offered by A. Iselin & Co. and F. Smlthers 6s Co. Jonas & Naumburg Corp., 36,880 shares, $3 cumulative convertible preferred stock and 25,000 shares common stock. Priced at $50 a share for the preferred stock and $15 a share for the common stock. Union Storage T nited Engineering; com United States Glass . . . . . Waverlv Oil A West Elec ft. Mfg- com .. West Air Brake West Penn Ry Pfd Wiser Oil Co Witherow Steel pfd Witherow Steel com . . . , Bonds West Penn Traction 5s., Motion R C C ft C 6s... Pifh Ally ft Man 5s .141 49 80 26 20 43 39 12 46 46 2 38 140 35 35 is 14 35 35 2 6 1 91 91 .55 27 28 5& 75 72 107 81 264 23 12 35 47 100 15 73 9314 75 UNLISTED QUOTATIONS. Pittsburgh 9 ft B (w i) . . Western Public Service. Col G & Elec new Witherow Steel (w l) Fidelity T ft T (w I) . . Van Alloy bteei 25 60 68 175 60 27 62 Individual Sales. 10 Std Plate Glass nr pfd at 30 50 Koppers Gas ft Coke pfd at 103 FOREIGN BONDS. 4 Bogrota M B 7s'47 1 do 7s '47 new. . 7 Buen Aires 7s'47 2 Brm ft W Ld 6s 40 5 cauca val 7s '48. . 7 Chile Mt B 6s '31 : C ft Pr Bk 58 .37 93 93 104 99 93 22 5 1 ? i Cuban Tel 7s'4l!l09 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 lOGlsnkchn M 6s'34 1 Ger Miin L 6s'47 83 91 101 894 96 91 87 93 93 103 99 92 874 87 109 83 91 101 88 954 90 87 7 GerP&CBks 6s58i 881 88 2 Isot Frasehini 7s42 103 1103 6 Ital Superpwr 0s63 78! 79 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.... 2 Stinnes (H) 7s 36 STANDARD OILS. 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 50xlllinois P. L 303 3 Imp Oil Can Coup 2 Intl Petroleum . . 5 Nat Transit .... 1 S P Oil 70S O of Ind 50 do new 5 do Ky. new 2 do Nebraska . . 1 Vacuum Oil . . 95 55 244 64 94 70 414 47 1641 16 142 il4-J 0 9 72 90 92 303 94 54 24 64 92 70 40 45 .1191118 20 1 9 72 4 90 924 303 95 54 24 64 T P2 70 40 45 118 BLAW-KNOX ORDER Local Concern Receives Large Contract. The Blaw-Knox Co. has just re ceived a transmission tower contract for the West Penn Power Co., amounting to 2,500 tons. The export division of the com pany, located in New York, has re ceived a contract for the steel re quired for four large pier sheds in South America, and the company's export business from other parts of the world is rapidly growing it is stated. The domestic business of the com pany is reported as making rapid SCOVTLLE MFG. progress, the January sales in 1929 Scoville Manufacturing Co. an ex- being almost double those of 1928. tra of 25 cents. The company recently acquired the A. W. French Co. of Chicago, mi rtiMiM naiiiWAis. builders of road finishine machines west Penn Railways CO. regular and other road buildine riroduet. i quaneny oi si.ou on me preierrea and this acquisition Is regarded as a stock, payable March 15 to record valuable addition to the Blaw-Knox 98 8S4 95 12 4 12 94 834 98 88 95 124 12 94 83 5 Tietz w w 7 s46il02 1102 94 93 104 H9 Vi 92 97 4 874 109 83 81 101 88 954 81 87 88 103 79 98 88 95 12 4 12 94 83 90 102 DIVIDENDS INDEPENDENT OILS. 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 . . 1 Mountain ft Gulf . J 4 Mountain Prod 5 Mo Kan Pipe Line 2 New Bedford 1 NMex A Arix Land1 - .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 1 Rioh'd Oil pfd wts .64 6 4' 2 94 96 9 1 11 25 149 34 17 2 5 31 74 .80 J 20 24 44 7 19 104 18 O 8 27 13 5 .61 6 4 2 93 96 9 1 11 244 .61 6 4 2 93 96 9 1 11 244 Feb. 25. DUFF-NORTON. Duff -Norton Manufacturing Co. a dividend of 62 ',4 cents a share, pay able Feb. 15 to record Feb. 7. PHONENIX HOSIERY. Phoenix Hosiery Co. regular quar terly 1, per cent on first and sec Co.'s business. During the past few months the company has put on the market what Is known as the "Blaw-Knox Agitator Body," a machine for transporting premixed concrete, and I also a product known as "Floor- i gard," which is an armoring for factory floors. It is expected that ond preferred, payable March 1 to tnese new products will considerably 1471147 2 Lakey F. ft M...I 3.1! 33 1 I.arrowe Milling- Co! 29 ' 2 1 Lef court Realty . . I 33 I 33 1 do rfd t 38' 38 33 29 33 3 !372 .2374 .2673 .2674 .2665 .26oo .2065 .2d66 1 ft : Dcmanu t able . . J9 :i0 pain I wmand C';itles .O120 .0129 cents a peseta: .15S.I ! . . .1585 norm 0 20 Hollaud. cents a Demand Cables . ... . 14-25 Austria, 0129ti .0129 7-18 .1580 .1585 .4002 .4006 14125 . . .14125 cents a loty: . . .1125 . . .1130 . cents a pengo . . 175 .17oO .14125 .14125 .1125 .lloO .1745 .1750 4O06 i 'cents a shuline: Demand Cabies - Jl 22 Poland. Dem ami t ables J7.50 Huntary Demand t ables . .- 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 SOI. Ill iatn"-', .. .. irrontuu. Argentine Paper Iictiiand .... IS'-.JJ . - ' M.Vil. paper milreis s- i ' -Ijei'iand s,;, Cl.ile: Ver sold, i A-mano . , - . fl!.;342S nr'uVuay. iff -sT5 J.-, - !)' Q1 lll.t Ul' Lebi C. & Nav. . .161 . 157 '159 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 2 Marconi lnt M t om 10 do Wireless Cnda' 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' 12 Montecatmi rts . . 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 I VetsnerBrs Tnc new 153 1 Nelson Herman Crp' 26 .1 Ryan Connol d I a V 1 Salt Creek Prod...! 24 2 Texon Oil 4Ld new 19 1 Venezuela Pet ... 5 1 Y Oil Sc Gas I 4 34 16 1 5 30 74 14 19 23 4 7 19 104 18 84 27 13 5 24 8 2 4 19 6 4 34 16 5 81 74 .75 1 20 234 19 104 18 O I 27 13 5 24 24 19 5 4 record Feb. 17. CCSIIMANS SONS. Cusmmans Sons, Inc., regular quarterly $1 on common, $2 on 8 per cent preferred and $1.75 on 7 per cent preferred, all payable March 1 to record Feb. 15. CENTRAL PUBLIC SERVICE. Central Public Service Corpora tion regular quarterly 434 cents on class A, payable March 15 to record Feb. 23. CENTRAL GAS. Central Gas 6z Electric Co. regu lar quarterly $1.75 on 7 per cent pre- increase the company's volume of sales. Livestock Market 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 medium, $8-$10.50; cows, good, $8.50-$9.50; common and medium, $6.50- $8.50; low cutters and cutters, $4.50- $6.50; bulls, yearlings exclusive, good, beef, $9.25-$9.75; cuter, me- 20 A W G Machine pfd at. 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. .......... 100 Dixie Gas at., oO Dixie Gas 100 Western Public Service at 25 40f Western 15 Western 15 Western 35 Western IOO Western 50 Western Service at service at Service at Service at Service at Service at Service at Service at ii at i) at 10 Western Tnhli. 40O Western Public Public Public Public Public Public Public 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 IOO Pittsburgh SAB (w i) at tnitsourgtt SAB (w if oo i-ituourrh s A B i 20 Pittsburgh S A B w 25 Pittsburgh SAB new at. 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.. 10 Witherow Steal (w i) at. 5U witherow Steel w i) 1UV witherow steel tw 25 witherow Steel 50 Witherow Steel 100 Witherow Steel 575 Witherow Steel 20 Witherow Steel 10 Witherow Steel 20 Witherow Steel 100 Witherow Steel S 1 ' 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 at. w 1) at.. w i) at., (w O at.. tw t) at., (w i) at.. w i) at., (w i) at. . w 1) at.. ( w l) at. 100 Witherow Steel w 11 at.. Witherow Steel w 1 at.. 100 65 Witherow Steel' 30 Witherow Steel (w i) at. . at. Summary of the Day. The following Is a summary of the day's prices on the Pittsburgh Stock Exchaag I I Last i Prev High f Low I Sale I Close MISISG STOCKS. ferred, payable Feb. 13 March 1 to record 1 9 ! 1 9 '19 52 1 52 1 52 8 ; ! 8 I 8 i no s. oo I OO 77 K ! 76 71 7 34 1 41 63 34 I 28 I 54! I 4 9 ' 26 I 79 I 71 i 35 ! 43 , 46 .1 11 I 36 l 5 87 9. 34 41 63 34 28 49 26 79 70 35 42 45 I 491 50 I 87. 1 87. 9 Ti 77 7 34 6 34 28 5 49 26 79 70 35 43 II 35 1 Newport Co A 3 Newton Stl new.. uction A . . . Tamimrsr w i. y"t Vitnra S Com. . 1 Nichols A Sbep Co 30 30( 30 6 1 26 5 N Y A'l 1 N Y Ha 50 50 I 50 72 i 70 V, ' 72 22 I 22 22 48',' 4j 48 42.! 42 -i 4 'U 82 82 I 82 1 Nile B A Pneu.. 224 11.98 ' 4 42.20 11.94 11.99 12 06 12.11 dollar: 16 y 2-3 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 13 N Y investors ? i: 4ft 1 1 Northwest Lnt ..i b 1 Pond Creek Poci I 11 1 Novadel Airne I'fd w'i x5ikia G A r. ptd. . lit 5 Pac G A t-i o pia -1 2 Par Cab Corp 1 37 1 Pender Groc A ..." 2 .an Penny J. C 40 T.nnv JC) A Dfd 1 91 H!l . 1" 2 I'enn .- 1 1 a i z 1 ''l'L".v; VTravi;E IN NEW YOKK. MEVr Canad.ao dollar: cents per 45! 4.1, 11 11 90 ! HO in ;n i 27 I 27 1 35 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 3 Evans Wallover Ld ft aicon Lead . . . 20 First Nat Copper1 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 5 Mining Crp Canada 3 New Cornelia . . .1 ewmont Mining . 1 Nipssoing ....... 5 Noranda Ltd 20 Ohio Copper 12 Roan Antelope Mg 2 St Anthony Go ld 10 San Toy Mining 7-!atiucK nem .Mng i.- ivenne topper new. H Standard Sil A Ld t" lonoral Lxtension 7 I ni Verde Exten. 1 United Zinc Smlt. 5 Utah Apex 15 Wenden Copper . .Ill .30! 19 14 1 14 .20 .96 .12 23 .39 1 .24 4 .45 17 8S 22 4 .72 IS 5 42 .10 .29 19 14 I 1 13 .201 .95 .11! 1 22 .36 .961 .24 4 .45 17 8 21 4 .72 1 5 41 I971l95 3l 3 63 3 47 .71 .15 22 SO .16' .17 21 2 5 11 61 3 46 .69 .14 21 79 .16 .16 21 2 11 .30 19 14 1 14 V, 0 95 .12 1 .37 96 .24 4 45 17 8 21 4 72 1 5 42 196 3 62 3 46 .71 .14 21 79 .16 .17 21 2 5 2 ferred and $1.62 on 6& per cent pre- dium, $8-$9.25; calves, 500 pounds down, medium, choice, $11-$16; cull, common, $6-11; vealers (milk-fed), I good, choice, $15-$17.50; medium $13-$15; cull, common, $7-$13 Hogs Heavy weights, 250-350 pounds, medium, choice, $10.10- ! $10.45; medium weights, 200-250 pounds, medium, choice, $10.35- IIELENA RUBINSTEIN. Helena Rubinstein, Inc., declared an initial quarterly dividend of 75 cents on the preferred stock, payable March 1 to record Feb. 18. at. ZO Dixie Gas at.. 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. . 49 99 40 101 27 49 103 .16 81 91 91 91 ii 91 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 . 73 . 35 . 35 . 35 4i : 4 4 . 4 . 4 . 16 . 16 . 40 . 40 . 41 . 41 . 13 . 13 . 13 . 13 . 13 . 12 . 12 . 12 . 13 . 1? 13 12 13 12 11 12 100 Alum Gds A W G M P 260 Ark Gas I 92 Arms Cork 115 Blaw-Rnx 100 Cent O Steel 1 OO C McK AH 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 36 P Brew pf 537 P Inv Sec 267 P P Glass 500 9 T Min 515 S SO Spr IOO S Sanitary 335 Sub El De 511 Un E A Fd 295 U S Glass 10 W P Rvs pf 220 West A Bke 10 Wm Zol pfdJIOl iu w-itn steei 12 B of P N A1 10 S P Gl pr 3855 P S B (wi) 150 v Al Bteel 1755 W P Serv 1345 With S w 1 7105 I 39 39 49 49 4 4 62 61 41 40 27 27 27 27 13 I 11 1103 1"3 106 106 74 73 16 -16 35 3A 6 6 .16 .16 I 80 I 80 49 ! 261 26 I I 401 39UI 13 12 99 99 17U It 101 Il83 183 I I 30 I 30 30 49 4 61 t 27 60 , 4 62 41 27 37 13 103 ;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 7527 UNLISTED. 29 26 28 60 60 60 25 25 35 68 64 65 ENGLISH BANK RATE INCREASED Gold Exports Cause Rise in Rediscount Charge. 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, including the shipment of approximately $9,000,000 sent to New York Wednesday on board the French liner Paris, stiffened discount rates and foreshadowed the Increase. The increase in the bank's rate caused a sharp setback in gilt-edged securities on the stock exchange. The funding loan declined a half point to 90. Consolidated loan 4 per cents lost : war loan, 5 per cents, and conversion 3H per cents receded 3-16. The one per cent Increase of the re-discount rate of the Bank of Eng land to 5 '4 per cent, announced to day, while not entirely unexpected. was received unfavorably by many financial men here. It was pointed out that such an Increase was chiefly designed to 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. it was predicted that demands for funds for business purposes would decrease, tending toward an increase In unemployment and an accentua tion in the falling trend of price levels. The increase in the re-discount rate followed a sharp rally in ster ling Wednesday which generally allayed fears of a rate rise, although tne marKet was nervous and experts hesitated to predict the outcome. 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 rate steady despite the clamor for Its reduction early in 1928. 60 It New high record. Pittsburgh Curb. STOCKS. I Bid. I Ask. Sharon Steel Hoop ......... Rexhide Rubber .......... Phoenix Oil Weirton Steel ............ Texon Oil and Land ........ uu wen investment Aluminum Mannfaetnrinr . . Duff Norton Manufacturing . American Fruit Growers do units Fisher Bros Inc do pfd , Spang Chalfant pfd........ Leonard Oil Monongahela Incline Plane., National Union Fire Ins.... Manchester Savings A Trust. r-enn savings Bank........ U S Light A Power Sloan Zook Products ...... do 7s nfd . Penna Bank Shares A Secur. Penna Bankers Shares. . . . . , Haekmaster-Lynn .......... ao pia 39 33io 420 3 38 36 43 10 65 9 5 23 410 125 215 36 15 92 23 20 41 40 450 4 39 13 69 60 98 6 38 61 SALES. I High. I Low. I Close, 290 Oil Well Invest.. 200 Duff Norton Mfg 200 Penna Bk S A S 39 43 23 88 I 38 23! 11 Bank Acceptance Rates. NEW YORK, Peb. 7. Thirty days 4 per cent 69-90 and 120 days 5 per cent, 150 and 180 days, 5l per cent. Bills are moving well. aitnougn tne volume of new bills is smalL NEW YORK, Feb. 7. The New York Federal Reserve bank may in crease its re-discount rate at its meeting this afternoon after the close of the market, it was felt in financial circles today. Although Wall Street has been ex pecting London to raise its rate for several weeks, today's action by the Bank of England was not expected so soon. The money market was de pressed yesterday in expectation of such action, but late in the after noon word came from London that it would not be done this week. 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. ANNOUNCEMENTS in Memoriam 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 EVERY SUNDAY 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 UNLISTED. 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 cnoice, $9.75-110.4.0 ; sum pigs, 90- 130 pounds, medium, choice, $8.25- $10;" packing sows, smooth light weignts, exclusive, $8.25-$8.75. Sheep Lambs, 84 pounds down, good, choice, $16.75-$17.25; 92 pounds down, medium, $14.50-116.75; all weignts, cull, common, $10-$1450; yearling wethers, 110 pounds down, medium, choice, $10-$14.50: ewes, 120 pounds down, medium, choice, $7-$9.50; 120-150 pounds, medium, choice, $6.50- $925; all weights, cull, common. $4-$7. Not extreme limit of grade. 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 DOMESTIC BONDS. gales On 1.0O0 High I Low I This Sale ' a ?ale I Edit. 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 '147 do 5 s "77". '. '. '. 1'S in 1108 12 .r im HHUiTl Mri li 1 BR ti I Kill. 3P8 '3S18 SAtlaa Ply 5a43. 96 I i3 96 i ." 4 Bales Valve Us'42. 109 !l08'108 1 Beacon Oil 6a a.lll2 1112 ;112 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 30 Western Public Service at 10 Western Public Service at 25 23 Chicago Grain Market. Wheat M arch .... May July Corn-March. . . -May July...... usi M arch .... May July Lard March. ... May July Rv May. . July. . Rye-March May. . July. . Open 124 127 128 96 99 101 52 63 49 11. 90 12.17 12.47 12.91 13.35 109 108 102 Hiirh 124 127 129 96 100 102 53 53 50 nom. 12! 50 13. OO nom. 110 110 109 Low 123 126 128 95 98 101 52 62 49 12.17 12.47 Close 123 127 128 96 99 101 52 52 40 12.17 12.47 13.90 13.00 109 108 108 110 110 109 HERSHEY CORP. Hershey Corp. for year 1928 re ports net income as $404,805 after all charges, including iederal taxes. WEST PENN REALTY COMPAITT, NOTICE or ANNUAL STOCKHOLDERS' MEETTVn Notice is hereby riven that the annual meeting of stockholders of West Penn Realty Company will be held at the office oi tne company, esi renn Handing. No. 14 Wood Street. Pittsburgh. Pennsylvania, on xnursaay. r eoruary :i, a. l. l wzy at Xtan o clock V. M . tar the nnrrwu electing a Board of five Directors, of vot ing upon tne approval oi an contracts, acts ana proceedings oi tne Board ,l Di rectors since the last annual meeting of 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 eueh other business as may properly come Deiore tne meeting. BY ORDER f) TTTT- BOARD OF" DIRECTORS Dated February S. 182. ALLEGHENY PITTS BTTB.GB COAL COMPANY. West Penn Buildlnf. 14 Wood Street. Pittsburgh. Penns1!1"! February 6. 1929. NOTICE OP ANNUAL MEETING OF STOCKHOLDERS To the Stockholders of ! COAL COMPANY : Th inntiil mnetinr of the stockholders of the Allegheny Pittsburgh Coal Company will be held at the office of the Company. West Penn Building. No. 14 Wood fetreet. Pittsburgh, Pennsylvania, on ibiitoj, February 21. 1929, at 3:0O o'clock P. M being the third Thursday in February, for the purpose of: ' l. tlectmg a tjoara oi nve uirr-jion,. r r.n.LWir And taking action upon proposals to amend Article IH of the Bylaws of the Company so as to provide for a Chairman OI tne oaro. oi uirecMrrs. m fnmntmiw mnit a General Auditor. aBd to define the powers and duties of said officers. I 3. Approving and ratifying all contracts, acta and proceedings of the Board of Di rectors, since tne last annual umuiii oi the stockholders, as set lortn in me atin- 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. By jtti-ir.tt ur inc BOARD OF DIRECTORS A. E. MUBRIE. Secretary. . 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 LOW FARE ROUND TRIP TICKETS '1.25 2.65 '1.75 WAStasrca. fa. and Return and Retttrn STKromiiE, o. and Return 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 O Pennsylvania RaUi-oad Q 1 ILlSLJtB.

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