The Morning News from Wilmington, Delaware on July 21, 1928 · Page 12
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The Morning News from Wilmington, Delaware · Page 12

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Wilmington, Delaware
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Saturday, July 21, 1928
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Page 12
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WILMINGTON MORNING NEWS. WILMINGTON. DELAWARE, SATURDAY. JULY 21. 1928 TWELVE LATEST NEWS .Off TRR WORTJVS FINANCIAL MARTS NEW YORK STOCKS HIGHEST, LOWEST AND CLOSING, PUCKS ON ACTUAL CALM, AKO NUMBS 01 iUUl SOLO Sties. High. Low. 400 Ah'tlbi Pow A Ppr... 56 H 59 100 Abitlbi P & P pt 100 10014 Close. 59 S 100',, 100 Advance Rumely ....4m 40 00 Adv Rumely pt 5!!4 51H 1:00 Ahumidi Lead 8 3li JOO Air Reduction 64 . (2 1600 AJax Rubber 8i as 1T600 Alaska Juneau O M.. 44 4 100 Alb Pert Wr Piper.... 25'. 3i4 8300 Allied Ch & Dye 175 170 300 Allied Ch t Dye pf..l22i 123 tOO Alii Chalmers 125 '4 124 600 Amerada Corp .-. 30 30 19 "4 69 ei 15 52 S1H 41 Vi IS 56 '4 SOO Am Agrt Chem 20 H 1000 Am Agrt Chem pf.... 70 100 Am Back Note pi... 63 6700 Am Beet Sngar 17 300 Am Beet Siig pf S3 403 Am Bosch Mag-net.... 32 600 Am B Bh tc Fdy .... 41 400 Am Brown Boverl ... 19 60 Am Brown Boy pf ... 5S4 700 Am Can 854 S3 100 Am Can pf 140S 140 600 Am Car & Pdy 93S 934 300 Am Car & Fdy pf ..121', 1JH4 1400 Am Chicle 75 74 100 Am Cnicle pr pf.....H0 110 1000 Am Drug 6ynd 12 12 300 Am Express ..: 00 Am For Powers . 100 Am Ride ft Leather. 100 Am Home Prod 6200 Am Ice. .. . 14100 Am Internet Corp .. 100 Am La F Foam ..... 3100 Am Linseed ........ ' 300 Am Locomotive .... .183 191 . 34 . 104 . 73 . 41 . 97 . 6 34 10 73 40 3 6 .112 109 97 '.4 97 100 Am Locomome pi ...120 TOO Am Maeh Fdy 143 too Am Metal 47 120 133 47 100 Am Meetal 6s pf. ...111 111 HI 400 Am Piano Co .14 30 Am Piano Co pf .... SI 100 Am Pow & Light . 78 100 Am Pow & Light jf..lC3 00 Am Radiator 141 100 Am Railway Ex 120 600 Am Republics 61 00 Am. Safety Razor ...62 10 Am 6hic-building .... 85 14 SO 77 103 139 123 59 60 .95 J300 Am Smelting" 190 1? 400 Am Smelting pf 134 133 1100 Am Stee Founders... 53 52 10 Am Steel Fdy pf 112 112 1600 Am Sugar Ref 69 68 100 Am Sugar Ref pf 108 106-4 J108 Am Sumatra Tob .... 62 60 7600 Am Tel 4b TeL 173 173 13900 Am Tel Tel its..... 11 11 100 Am Tobacco B 156 157 20 Am Type Fdrs pf 110 110 3600 Am Water Worke.... 56 55 10 Am Wholesale pf. -.110 no 100 Am Woolen pf .45 45 38 25 68 SO 60 93 18 10 39 100 Am Wr Ppr pf cts.... 38 600 Am Z Ld Smlt 25 3100 Anaconda Copper .... 66 10 Ann Arbor SO 400 Archer Das Mid 81 100 Arm & Co of O pf... 93 1000 Armour Co Til A.... 3400 Armour Co 111 B... 1600 Arnold C Corp rts.. 1600 Artloom Corp 40 Artloom Corp pf..... TOO Asso Dry Good ... 18 V 31 .107 107 42 43 ao Atch T ft 6 re leoi i6'4 100 Atch T ft S Fe pf...l03 103 100 Atl Gulf ft W 1 8 S. 48 100 At! O ft W 1 8 B pf. 55 55 WOO Atlantie Refining ....143 143 100 Austin Nichols S 5 100 Anstrian Creedlt .... 60 60 1000 Bait ft Ohio .........105 105 400 Bang ft Arooit 71 71 10 Bank of Manhattan.. 74S 744 100 Barker Broa 30 SO" 400 Barnsdall Class A... 20 30 100 Bayuk Cigars .104 104 140 Baynk Cigars 1st pt.-107 107 00 Beechnut Packing ... 72 72 ' 400 Beacon OH Co 15 14 15 66 S5 7 47 ' 74 35 48 111 48 42 43 16 44 100 Beldlng-Hemlnway .. 100 Best ft Co 200 Bethlehem Bteei ... 00 Booth- Fisheries .... 00 Booth Fish 1st pf... 15 68 . 56 , 7 . 49 loo Boston ft Maine 75 T00 Briggs Mfg Co 36 00 Brockway Mot T 48 60 Brockway M T pt.... Hiiro Brown Shoe 48 400 Bruns-Balke Col ..... 43 8000 Bruns T ft Ry See... 44 100 Bucyrua-Erie Co .... 36 400 Bucyrua-B cv pf .... 45 100 Burns Bros B 28 28 10 Burns Bros pf .... 00 Bush Terminal .. 30 Bush Term deb . 100 Butte Cop ft Zinc 1 100 Butte ft Superior 600 Butterick 1300 Byers Co 10 Byeers Co pf .... too Cal Zinc ft Lead 00 Calif Packing .... 100 Calif Petroleum . too Calumet ft Ariz . 1700 Calumet ft Hecla ...105 105 ...50 SO ...109 108 ... 6 6 ... 11 11 41 40 ... 97 86 ...110 110 1 70 30 88 22 1 TO 30 95 22 73 600 Can Dry Ging Ale.... 74 1100 Can Dry Ging Ale rts 1 1 600 Canadian Pacific . 100 Case J I Thresh ... 1300 Central Alloy Steel, 10 Cent Alloy 8tl pf... 100 Century Rib Mills., 1400 Cerro de Pasco ... 203 202 .319 319 . 34 32 .110 110 . 11 11 75 73 41 7 14 63 100 Cert-teeed Prod 41 100 Chand-Cleve Motor... 7 1100 Chand-Cleve pf 100 Chesapeake Corp IS 63 00 Ches ft Ohio .. ..178 178 100 Chicago ft Alton ..... 10 10 00 Chi ft Alton pf 18 14 100 Chi ft B 111 Pf B9 89 T700 Cht ft Gt West ..... 13 13 1200 Chi ft Gt West pf.... 36 35 1300 Chi Mil 8t P ft Pae.. 35 14 100 Ch M 8 Pft P pf.... 45 45 1100 Chi ft rTwestern .... 79 78 00 Cht R I ft Pac 115 113 100 C R I ft P 68 pf.. ..101 101 SO Chi Yellow Cab 30 600 Chlckasha Cot Oil ... 52 , 1200 Childs Co 47 1200-Chile Copper 45 13900 Chrysler Corp 1 S 100 Chrysler Corp pf A.. .115 10300 Chrysler C rts cash.. 3 400 City Stores Co B.... 82 400 Cluett-Peabody 80 f 30 Cluett-Peabody pf...-131 1300 Coca-Cola 142 00 Collins ft Aikman ... 56 100 Col ft Aikman pf .... 91 30 51 46 44 73 115 2 81 79 120 158 55 81 61 13100 Col Fuel ft Iron 34 1100 Colum Gas ft Elec 107 106 400 Com Credit 31 100 Com Invest 70 100 Cora Invest pf 85 800 Com Solvents 147 1600 Com'wealth Power ... 74 600 Congoleum-Naira .... 32 100 Consol Cigar 66 30 67 95 144 73 22 86 800 Cons Flm Ind I pf. .. 34 23 34 ' .144 143 144 .101 101 101 73 73 73 .. 3 3 3 .. 36 35 25 .. 13 13 13 . 18 38 38 ,. 4 4 " 4 ,. 76 76 76 97 85 97 .. 78 78 78 11 11 11 .. 70 69 69 ,.140 140 .140 ..173 174 174 .. 73 70 71 ,. 32 22 32 .. 18 18 18 .. 5 S 6 .. 19 18 19 ..9 9 ..102 102 102 .. 68 68 68 ..105 101 103 ..113 113 113 .. 50 50 SO ... 54 5C B2 ..124 124 124 100 Consol Gas pf 100 Cons R R Cuba pf . 400 Consol Textiles .... J 100 Container Corp A... 600 Container Corp B---300 Contl Baking A..... 300 Contl Baking B 300 Contl Baking pf ... 600 Continental Can ... 300 Cont Insurance 400 Continental Motors 1000 Corn Prod Ret ..... loo Corn Prod Ref pf... 400 Coty ft Co 1600 Crucible Bteel 300 Cuba Co loo Cuban Am STugar .. 300 Cuba Cane Sugar ... 600 Cuban Cane 6 pf... 400 Cuban Dora Sugar . 300 Cuban Dom Sug pt 1000 Cudahy Packing ... 6400 Curtiss Aeroplane . 10 Cushman 8s pf .... 100 Cuyamel Fruit Co.. 15350 Davison Chemical . 30 Deere ft Co pf 100 Delaware ft Hudson.. 183 183 100 Del Lac ft West.. 132 131 100 Den ft R O W pt ' K0 Devoe ft Reyn A.... 10 Diamond Match .... 400 Dong Broa A 00 Dodge Brol pf 1300 Dodge Broe A rts 600 Dodge Broe pt cts. . ISO Dome Mine 00 Drug Inc eno Dunhiil Irternat ... 56 56 51 51 153 153 13 13 71 70 13 70 8 83 58 13 71 93 59 104 DuPont de Nemours.. 171 171 00 DuPont 6 deb pi. 100 Duo, h ft P 1st pt. 400 Eastmtn Kodak .. 1300 Eaton Axle ft Bpt-3100 Eisenlohr Bros ... toe Biting on Scbild .. 1300 Xlee Auto-Lite .... M60 Bice Boat Co ..114 114 .100 100 .181 174 . 18 17 16 35 67 12i 15 15 66 12 S3 HO e Power ft Itft.. 34 10 Biee Pwr 00 Kre P ft fu'l nd 12t 123 Sales. High. 300 Elec Storage Bat 76 105 Elk Horn Coal 7 740 Eik Horn Coal pf.... 15 100 Emerson-Brant A ... 10 100 Endlcott-Johnson .... 78 100 End-Johnson pf 123 76 76 6 1 14 IS 10 10 78 78 123 123 31 37 31 31 260 260 51 51X 61 62 42 42 18 18 34 34 11 11 66 66 68 68 43 43 76 76 66 66 19 19 8 8 70 71 63 63 40 52!4 34 64 6'4 4'i 25', 175 122 124 30 20 N 70 vi 63 16'4 S3 SIS 41V IS ie'A 64 H 1404 93 100 Engineers Pub 8 37 1200 Eqult Office Bidg ... 31 30 Equit Office Bids pf-260 500 Erie 51 200 Eureka Vac Clr 62 200 Fatrb'ks M & Co 42 100 Fed Mot Truck Co... 18 1000 First Nat Stores ... 34 1300 Flsk Rubber 11 100 Fisk Rubber 1st pf.... 66 3100 Fleischmann 68 100 Foundation Co .43 1000 Fox Film Corp A..... 77 3200 Freeport Texas 67 600 Gabriel Snub A 19 200 Gardner Motors 9 600 Gen Asphalt 71 300 Gen Cable Corp A.... 63 11000 Gen Electric 148 145 146 121"4 300 Gen Elec special 11 11 1700 Gen Gas 4i Elec A... 51 SO 100 Gen Ice Cream 74 74 11 SO 74 187 123 54 35 98 48 101 74 110 12 181 72000 General Motors 189 136 600 Gen Motors 7s pf....l24 123 100 Gen Outd'r Adv A... 54 54 1400 Gen Outd'r Adv ctf.. 37 35 3100 Geo Rwys Slg 98 97 100 Gen Refractories 48 48 8100 Gillette Gaiety Raior.101 100 400 Glidden Co 22 II 10 Glidden Co pr pf 101 101 344 10 73 40 85 6 112 131 87'., 7500 Gold Dust Corp 83 3300 Goodrich B F 75 100 Goodrich B F pf 112 600 Goodyear T & R . 47 100 G'year T R 1st pf.. 93 200 Goth 8i!k Hosiery.... 77 100 Gotham 611k Hos pf..H8 2600 graham Paige Mot.. .33 200 Graham Paige cts.... 31 150Q Granby Consol ...... S3 700 Grand Stores 74 100 Grand Union Co..... 27 403 Gt Northern- pf 86 1000 Gt North pf ets.... 94 600 Gt North O cts..... 21 700 Gt West Sugar 33 85 73 112 47 83 77 116 32 31 52 72 27 95 83 20 33 117 87 60 24 28 24 74 23 56 81 56 55 24 29 28 54 21 37 10 !5 77 120 142 47 112 14 51 116 78 103 141 120 59 63 95 190 133 52 10 Gt West Sjg pr 117 112 69 116'4 61 1300 Greene Can Copper.. .100 200 Gulf St Steel 60 20 Hnckensack Water .. 24 20 Hackensack W pf A.. 28 200 Hartrnaa Corp A 24 100 Hershey Choe pf .... 74 SCO Hollander ft Co 28 400 Howe Sound Co 56 3200 Hudson Motor Car 82 200 Hudson ft Manh...... 56 173 11 156 110 56 110 45 38 32600 Hupp Motor 58 300 Independent O ft G... 24 25 66 SO 60 83 18 10'r 10700 Indian Refining 31 1500 Indian Refining ctf.. 29 100 Inland Steel 54 300 Inspiration C Cop.... 21 800 Inter Rapt dTranslt.. 33 100 Intercon Rubber .... 10 100 Inter Agriculture ... 15 100 Inter Agri pr pf 77 29 200 Int Business Mach...ll9 119 119 107 500 Inter Cement 63 63 63 42 4200 Inter Com Engine... 1100 Int Harvester 100 Int Harvester pf... 6000 .Inter Match pf .... 100 Inter Mer Marine . 200 Inter M Marine pf. 58 57 58 n 103 55 142 5 60 105 71 745 SO 20 104 107 72 269 364 369 .141 141 141 .104 103 103 . 4 4 .. 36-i 36 90 30500 Inter Nickel .. 93 100 Inter Nickel pf 3100 Intemat Paper .... 400 Inter Paper 7s pf.. 800 Inter Paper ets ... ..118 .. 73 ..102 116 69 Id 1 72 71 300 Intl Paper pf ets 102 IK 300 Int Rwys Cen Am 45 45 8600 Internet T ft T 169 165 100 Island Creek Coal.... 51 51 100 Jewel Tea 102 102 S100 Johns-Manville Ill 109 130 Jones ft Laugh pI....120 120 100 Jordan Motor 1 10 10 SOO Kan City ft South... 48 . 48 14 15 66 55 7 600 Kayser ft Co 70 69 17 76 18 30 12 91 94 63 22 70 102 96 31 47 900 Kelth-Albee Orp .... 17 75 100 Keith-AIbee Or pf.... 1000 Keily-Spg Tire 1000 Kelsey-Hayes Whl 18700 Keivinator Corp 10400 Kennecott Copper ... 10 Kinney O R pf 2900 Kraft Phenix Ch 400 Kresge Dept Stores.. 2100 Kresge 8 S 100 Kress ft Co J400 Kroger G ft B Co.... 300 Lago Oil ft Trans... 900 Lambert Co 100 Lehigh Valley 600 Lehn ft Fink Prod... 100 Liggett ft Myers pf-. 200 Liggett ft Myers B.. 300 Lima Loco SOO Liquid Carbonic SOO Lcew's Inc ..... 800 Loft Candy 1200 Loose-Wiles Bis ..... 15000 Lorillard Co 300 Lorillard Co pf 1000 Louisiana Oil 20 Louisiana Oil pf.... 500 Louisville G A...., 2100 Ludlum Steel Co 100 McCatl Corp 35 19 30 14 83 33 71 102 97 31 48 111 48 43 43 36 44 28 105 SO 108 6 11 41 86 110 106 105 99 99 48 48 .135 135 84 84 49 68 51 6 46 24 82 13 80 84 57 70 83 .. 49 .. 63 .. 52 .. 6 .. 46 .. 26 .. 82 .. 13 .. 80 .. 34 .. 53 .. 70 ..104 3 70 30 96 22 73 1 202 119 33 110 11 3750 McCrory Class A. 11700 McCrory Cass B. 300 McCrory pf 300 Mclntyre Mining , 1500 McKeesport Tin .. 3300 Mack Truck ..112 in 74 ..115 115 .. 22 22 41 7 13 63 178 10 16 59 13 35 35 45 79 115 .. 68 .. 90 67 88 100 Macy ft Co 362 362 27 200 Madison 6q Garden.. 27 200 Magma Copper .. 49 49 18 91 61 45 33 34 56 18 700 Malhnson Co ....... 80 Mallinson Co pf ... 6000 Manhat Elec Sup.... 300 Manh Ry mod guar. 200 Manhattan Shirt .. 1400 Marland Oil , 200 Marlin Rockwell ... 700 Martin-Parry Corp . 3300 Math Alkali 100 May Dept Stores ... 100 Maytag Co pf ..... 1J0 Mex Seaboard Oil... 100 Miami Copper 600 Mid-Continent Pet. 3100 Middle States Oil .. 100 Mid States Oil cts. 400 Midland Steel pf... 400 Minn ft St Louis .. . 20 . 92 . 62 . 46 . 33 . 35 .. 56 .. 18 101 .127 123 30 52 47 45 72 . 77 . 43 . 24 . 19 . 27 77 43 33 19 27 4 3 115 4 3 2 2 80 .214 210 2 2 120 162 56 91 62 3600 Mo Kan ft Texas 35 35 700 Mo Kan ft T pt A.. 103 102 2200 Missouri Pacific 60 59 1200 Missouri Pac pt 113 112 90600 Montgomery Ward ...167 162 107 30 70 85 147 74 32 6 200 Moon Motor Car .... 7 t 600 Mother Lode Mln 2 2 200 Moto Meter A 16 16 2000 Motor Prod Corp ....118 114 4400 Motor Wheel Corp ... 37 35 200 Munslnirwear Inc ... 52 52 7400 Murray Corp 44 43 6O0O Nash Motors S3 81 100 Nat Acme stpd 13 13 200 Nat Biscuit .... ..160 160 13600 NatCash Reg A 1300 Nat Dairy Prod .... 100 Nat Dept Stores 600 Nat Distillers 900 Nat En ft Stamp ... 3800 Nat- Power ft Lt..,.. 100 Nat Radiator 100 Nat Radiator pf ... 100 Nat R R M 1st pf... 300 N R R of M 2d pf.. 100 National Supply ... 100 Nat Supply tn pf-. 20 National Surety ... 100 National Tea Co .. 62 78 61 77 25 35 30 33 17 68 S 2 89 26 35 31 S3 17 68 . S , 2 89 115 115 ..304 304 ..351 353 3200 Ner Con Copper 70 N O Tex Mex 4400 N Y Central ... .. 22 22 ..140 140 ...160 10 12400 N Y Central rts .. 5 S 100 N T C & St Louis. .124 124 100 N Y o & St L Pf..l08 108 400 N Y N H & H 54 54 54 100 N Y N H & H pf..H3 113 113 200 N Y Ont ft Wea .. 26 26 36 100 N Y Railways pi .. 7 7 7 300 N Y State Rwys 34 34 24 100 N Y State Rys R. .. 40 40 40 10 N Y Steam 6", pf.,101 101 lnl 10 N Y Stm Corp pi. .113 113 113 100 Norfolk ft West 175 173 175 1400 North American .... 69 69 68 300 Nth Am Edison pf..l01 100 100 300 Northern Pacific .... 95 95 95 1200 North Pacific ctf .. 84 82 84 100 Norwaik Tire SR.. 3 3 3 100 Oil Well Sup Co .... 23 23 13 20 Oil Well S Co pf ..100 100 100 300 Omnibus Corp 11 n n 600 Otis Elevator 190 190 190 12600 Otis Steel 23 22 23 100 Otis Steel pr pf .... 95 95 95 100 Owens Bot Mach 77 77 77 100 Pacific Gas & Eiec..47 47 47 100 Pac Lighting Corp .. S3 83 83 , 600 Pac Oil Siubs ...... 1 1 1 6200 Pack Motor Car 74 72 72 900 Pan-Amer Petro ....-41 41 41 400 Pan-Amer Pet B 42 41 41 183' 132 56 51 153 13 71 13 71 S , 93 58 371 114 100 180 38 16 35 66 ' 12 S3 123 (Continued on .Page Thirteen). POOL SPECIALTIES SHOW AN ADVANCE Marking Down of Call Money Rate to 5 Per Cent Checks Decline By STANLEY W. PRENOSB (Associated Press Financial Editor) NEW YORK July 20. (AP) Spir ited advances in a lew pool specialties, some of which reached new high ground, enlivened an otherwise dull and colorless stock market today. Trading was dominated by, professionals with the public apparently showing little interest in the proceedings. Prices sold off at the opening on selling inspired by the unexpectedly small decrease of $48,000,000 in brokers' loans, but the marking down of the call money renewal rate to 5 per cent, the lowest initial charge 21 since May 9. checked the decline and 88 74 started a rally. Offering increased aa the recovery progressed and the market slid off again in the afternoon 47 83 with week-end profit-taking an important factor in late selling movement. Wall Street was pleased at the reduction of $145,000,000 in Federal Reserve rediscounts in the New York district. Further withdrawal of gold for shipment to France tended to revive fears of a further stiffening of money rates this month despite a slight easing in the rates on the longer maturities in the time money market. Small shipment of gold from Canada presumably was an exchange transaction as the Canadian dollar has been at the lowest discount in nearly two years. Steel shares attracted buying support as a result of recent encouragin; trade advices. U. S. Steel common. Vanadium, Republic and Transue and Williams all closed a point or more higher. Colorado Fuel fated to maintain its early gain. Motors were mixed. Hudson held fairly steady on the publication ot the report which showed earnings in the second quarter slightly less than those in the corresponding period a 77 32 31 52 73 27 98 83 20 131, 117 100 60 24 23 -34 74 28 56'., 82 56 57 24 30 29 54 21 3T4 10 15 year ago. General Motors closed frac 4 36 82 115 70 102 tionally lower at 187 7-8 alter navmg touched 189 1-2. Hupp advanced 1 3-8. Warner Brothers Pictures was the individual feature, soaring more than 8 points to a new high record at 54 3-4. Union Carbide also was heavily bought, closing 7 points higher at 156 3-4.-McCorory Stores common and the B stock and Montgomery Ward were pushed into new high ground. The sharp advance in Eastman Kodak was based on unconfirmed rumors that the company had developed a color film suitable for use in amateur 2 102 45 167 51 102 111 120 10 48 70 17 79 motion picture cameras. 19 30 13 93 94 64 23 71 102 96 31 106 99 4S 133 84 49 63 52 6 46 26 82 13 80 34 67 A few weak spots also cropped out. ew low prices for the year, or longer, ere registered by Artloom Corpora- ion. Pan American Western, Penn- Dixie Cement preferred. United Cigar Stores, Chicago Yellow Cab and Inlander & Sons. Keivinator was heavi- sold on rumors of disappointing earnings. Call money held at 5 per cent'au day. Time money was quoted at 5 to S and prime commercial paper te 5 1-4. Most of the leading commodities gain sold lower. Wheat dropped han a cent a bushel and cotton dropped nearly $2 a bale. Conee quotations moved within narrow and irregular limits, but sugar prices were ightiy firmer. Foreign exchange showed change. Sterling cables were slightiy 70 103 109 easier around $4 86 9-32 and Frencn francs were firmer around 3.91 5-3 115 22 h 68 Bona prices were allowed to 89 today. Traders evidently were disappointed in the unexpectedly small reduction in brokers' loans and a slight easing of the rate on time 362 27 49 19 92 62 'i 46 money, for which there was little demand, had little effect. 33 34 Week-end liquidation also tended to force prices downward, while the continued uncertainty of the credit situation as well as the intense heat, evidently kept many traders from the 13 126 77 43 23 19 37 bond room. The volume of barely exceeded $7,000,000. The Associated press combined 4 3 average of 20 rails. 10 public utilities and 10 industrials dropped to 96.63. the lowest of the year, as compared with 97.64 a month ago and 214 2 3o 103 60 112 97.33 a year ago. , Rails especially were under pressure 166 today with Delaware and Hudson 4s. the "Big Four" Issue of '91. Cincinnati. Hamilton and Dayton 4 l-2s. i 2 16 118 37 52 Seabrfard Air Line 4s and dropping 2 to 7 points to new lows for the year. In the face of general 44 83 13 decline, however, National naiiways 160 of Mexico 4 l-2s advanced more 62 a point. 78 21 Industrials were irregular, 35 eral Asphalt 6s sagged to a new 31 32 and Standard Oil of New York l- touched the previous minimum. 17 68 Liquid Corbanic 6s rose more than 3 points and gains were shown also by S 2 89 Otis Steel 6s, U. S. Steel as ana inland Steel 4 l-2s, all of which reflected the buoyancy of steel stocks. Utilities generally sought lower levels. The foreign list was firm, with Mexican Government issues recovering some lost ground. U. S. Government bonds, with the exception of Treasury 8 3-4s and 3 3-8s, extended their recent gains. 115 304 353 ' 32 140 160 5 124 108 Bond market avereyis: Friday Sevrdiy first grade raili .. secondary rails .... public utilities .... Industrials ... 93.67 ..i 96.35 ... -97.07 ... 99.42 ...' 63 ... 97.64 Ccmblned Combined rnmhtned average month ago year ago 97.33 Total bond sales (par value) $7,931,100 Stock market averages: 20 Industnals20 Rallroias Friday Thursday . Week ago Year aso High, 1S28 Low. 1928 188 64 188 28 ....187.98 ....163.69 209.94 140.93 140.76 141.89 144.48 157.03 138.36 78 84 Total stock sales 1,296.500 shares. ihevsmaLer the car the fat man has to fold himself get into it. Ar.d middle age has so many unfoldable fat men. Houston Post Disparxh, i NEW YORK BONDS (In tj. 8. Gov. bond prices, fractions In 32ds.t Sales In tlOOO Klgh Low Close 100 3 100 3 100.23 101 100 100.1 60 Lib 3s 100 1 36 Lib 1st 4 '4s 101 ' 47 Lib 3d 4 100 1 1 Lib 3d 4s reg 135 L b 4th 4 ... 1 Treas S 99 30 89 30 99 30 ....101.13 1011 101.12 ....104 104 104 ....111.19 117.T 111 19 ....106 20 106 7 106 20 99 9 89 8 99.13 13 Treas 4s 6 Treas 4s 44154 ... 34 Treas 3s FOREIGN BONDS - Sales In 11000 2 Alpine Mt Stl 7s .... Antioquia 7s 45 A ... 6 Antioquia 7s 45 B 1 Antioquia 7s 45 C ... 6 Argent 58 16 Argent 6s 67 6er A. 2 Argent 6s 57 ser B . 23 Argent 6s 59 June ... 5 Argent 6s 59 Oct ... 20 Argent 6s 61 Feb ... 3 Argent 6s 61 May ... Argent 6s 60 Oct ... 3 Argent 6s 60 May A. 12 Argent 6s 60 6ept . 24 Australia 5s 55 38 Australia 5s 57 45 Australia 4s 1 Banco H D Col 6s . 2 Banco H D Col 7S 46. 13 Batav Pet 4s 3 Belgium 7s 5 Belgium 7s 55 11 Belgium 7s 56 3 Belgium 8s 41 56 Belgium 6s 55 ....... 8 Belgium 6's High .. 96 .. 98 .. 98 .. 96 .. 96 ..100 ..100 .. 99 .. 99 .. 99 .. 99 .. 99 .. 99 .. 99 .. 86 .. 86 .. 87 .. 88 .. 93 .. 92 LIT 96 96 98 85 85 Close 86 96 98 85 85 89 100 99 100 99 99 99 99 99 99 99 99 96 95 87 83 93 82 99 99 99 99 99 99 96 98 87 88 93 92 .114 114 114 .108 108 108 .106 106 106 .110 110 110 .101 100 100 .105 105 105 21 Belgium 6s 103 105 105 88 94 105 93 99 21 Berlin 64s 89 98 I Berlin El Rys 6s ... 12 Bolivia 8s 13 Bolivia 7s 58 , 4 Bordeaux 6s 34 ..... 13 Branl 8s 19 Brasil 6'4s 57 22 Brasil 6'4s 27-57 ... 12 Brasil cent Ry 7s . . 11 Brisbane 5s 57 ..... 23 Budapest 6s 63 5 Buenos Air 6s 69 Oct 8 Buenos Air 6s 55 . 94 94 105 105 83 93 89 99 109 109 109 96 96 96 . 96 96 96 .100 . 93 . 85 . 98 .101 ' 100 100 93 93 85 89 96 96 100 100 93 94 91 91 98 99 6 BuenosxA P 6s 61 rets.. 94 4 Bulgaria 7s 67 91 20 Canada 4s 36 99 3 Canada 5s 29 ... 3 Canada 5s 53 3 Canada Ss 31 1 Can S S Lines 6s A 19 Chile 6s 60 15 Chile 6s 61 17 Chile 6s 61 ctts ... 3 Chile 8s 41 ...100 100 100 ...105 105 105 ...100 100 100 ...101 101 101 ... 84 84 84 ... 84 94 94 ... 94 94 84 .108 109 109 2 Chile ' 42 101 101 101 7 Chile M B 6s 57 96 '4 93 12 Chile M B tt 61 .. 7 Chile M B 6s 61 ctf.. 2 Chinese Gov Ry 5s .. 5 Cologne 6ViS 60 10 Colombia 6s 61 21 Colombia es 61 rets .. 12 Ccpenhsg 4s 53 ctf.. 20 Copenhtg 5s 52 4 Cordoba 7s 57 1 Cordoba 7s 37 ctls .. 5 Costa Rica 7s 51 .... 1 Cuba 5s 04-44 12 Cuba i5s 53 .100 . 83 . 30 . 97 . 92 . 91 . 83 . 97 ,. 97 .. 93 .. 97 .100 89 100 92 82 30 97 91 91 83 96 97 86 85 30 97 92 81 83 87 87 86 4 87 100 100 .102 102 112 3 CundiTiarnaros 7s 46 2 Czechoslov 8s 51 .. .. . M 98 108 108 101 1 Danish Mun 8s B 46 in n;. mi. 10 Deuts Bk 6s ctfs 97 97 87 6 Dcmin Rep 3s 42 .... 93 89 89 10 Duke Price P 6s 66.. ..104 104 104 4 Dutch E I 6s 47 104 104 1B4'4 1 Dutch S I 6s 62 lri4 inn.. u iufc r. a 3'2a as ov 1 Dut E I i n S3 Mar 3 Est R R 7s 84 .102 102 102 ..102 ..103 ..105 .. 93 , .100 .. 83 .. 91 .. il . 99 ..106 .114 ,.103 102 103 105 93 101 83 81 S3 Si 1C2 1(3 ICS'- 93 100'. 83' 91' 99 1 Fiat 7s 46 Fiat 7s 46 x-war I Finland 7s 50 3 Finland f-it 58 ...... 8 F.Mar.d 3 jS 58 1 Fin Mun 6s 54 A ., 1 Fin Mun 68 54 B .. 10 French 7s 49 .. 12 French 74s 41 1 French S S S L 7s 49 13 German 7s 49 3 Gfr Cen Agr Bk 7s .. 88 Or C A,r Bk 7s 50 .. S3 Oer C Aer Bk 6s ctfa 4 Ger C A B 6s 60 July 7 Ger C A B 6s 60 Oct 2 Ger Gen El 6s 40 4 Ger G e 7s 45 S3 106 106 114 111 1C2 :C2' .105 105-, 106 .100 100 109 .100 100 100 91 SI ,. 89 . 83 ..120 ,.1C4 .. 94 .100 63 68 130 104 94 100 99 64 96 85 S3 . 88 83 150 104'.; 94 100'! 95-i 94 96 S3 96'j 95 95 96 98 103 100 150 25 25 27 92 93 104 107 101 4 13 a Ger G E 6s 48 I Gocd Hipe S:i 7s 43 . 1 Gt CEP Jap 7j 44 .. 11 Gt CEP Jap 6s 50 10 Greek 7s 64 1 Greek 6s 68 rets '..-. 5 Hamburg 6s 46 , 1 H-.ng Con M 7s 43 29 Irish Free St 5s 15 Iial C Co r.7s 37 A . 14 Ital C Con 7s 47 B . 10 Hal Pub Util 7s 62 . 72 Italy 7s 51 13 Jap 6s 54 21 Lyons 6s 34 1 Marseilles 6s 34 7-8 ar ... 68', ... 83 ... 96 .. 99 ... 96 ... 99 ... 954 ... 96 ... 98 ...103 ...100 ...100 more 99 95 95 96 97 103 100 100 25 25 27 92 92 104 107 101 94 101 littie 18 Mer 4s 04-54 asst .. 13 Mex 4s 1910 sm ast 43 10 yex 4s 1910 lg ast 45 24 Mex 6s 33 sm asst .... 10 Milan 6 'is 52 12 Won M & A 7s 37 war 2 Netherlands 6s 72 .... 3 Netherlands 6s 54 8 New Sou Wales 5s 58 4 Nord Ry 6's 50 IS Norway 5s 65 ..... 25 .. 26 .. 27 .. 92 .. 92 ..105 ..107 ..101 .. 94 ..10. ..131 siiai 101 100 10! 5 Norway 6s 53 .. . ..102 ic: 102 103 96 103 93 91 98 83 101 10 Norway 6s 44 ..102 102 .. 96 95 ..102 102 .. 93 92 -... 91 91 ... 98 98 .. 93 93 ...101 101 9 Norway 5s 63 , 7 Norway s 63 5 Norway Bank 5s 67 . 3 Nor H E 5s 57 ctf . 1 Oriental Dev 6s 53 . 61 Dord D Lloyd 6s 47 ., 1 Oslo 6s sales 3 Oslo 5'is .101 101 101 1 Panama 34s 102 102 102 3 Panama 5s 63 ctts 97 96 96 10 Panama 6 s 6 Paris L & M Ry 6s 4 Pernambuco 7s .... 1 Peru 7s 56 21 Peru 6s 1 Peru 7s ...... 6 Poland 6a ......... !9 Poland 8s 22 Poland 7s 1 Prov Low Aust 7s 3 Queensland 6s 2 Rhine Main Dan 7s 7 Rhi Wes EI P 6s . ...103 101 13 ... 99 99 99 ... 95 95 95 ...105 105 1051 ... 91 91 91 ...101 101 101 ... 83 83 M ...101 100 101 ... 88H 88 l8 ... 88 98 fS ...107 10S 1(6 ;oi ioi ioi 90 90 'i 90 others 1 Rhlnel U 7s 46 x war 99 99 99 1 Rio de J- 8s 46 106 106 liVi 8 Rio Gr D 8 8s 48 105 105 ! 13 Rio Gr D S 7s 66 ifi 98 98 5 Rome 6s 53 93 93 93 9 Santa Fe Arg 7s 43 .... 93 97 98 than 1 Sao Paulo 7j 56 101 101 101 1 Sao Paulo C 6s 57 .... 88 98 98 S Sao Paulo 8 8s '6 . 106 4 106 106 gen low 1 Sao Paulo 8 8s SO 106 106 106 4 Sax P Wrk 7s 45 1 Sax P Wrk 6s 51 . 3 Seine 7s 42 6 Serbs Cr A 81 8s 62 13 Shlnyetsu El 6'4s 52 ..100 100 100 .. 93 91 95 ..105 105 105 ..100 95 W .. 93 93 93 10 Siemens Hal 6s 51.. 105 105 105 21 Bie & H 6Hs 501 pd ..105 105 6 eilesjl El Co 61 46 .. HI 95 1 Soissons 6s 36 99 99 1 Sweden 6s 39 102 103 1 Sweden Bs 54 1M. 103 I Swiss 8s 40 110 110 8 Swiss 6 8 46 32 Toho El P 6s 29 rets 15 Toklo 58 61 88 Tokio El Lt 6s rets .. 55 U Kingdom 4s 60-90 .. 1 Uni S Wk 6s 51 A w .103 102 99 91 92 87 92 92 99 91 92 87 92 92 1 U S W 68 51 A ex 1 Uruguay 8s 46 13 Uruguay 6s 60 ... ...108 103 98 97 97 97 93.86 96.35 15 Yokohama 6s 61 MISCELLANEOUS & INDUSTRIAL 7 A A Chem 7Hs 105 105 1 AUls Chalm Mfg 5s 98 98 Am Chain 6s 101 101 3 Am Cvanam 5s 93 93 1 Am Nat Gas s 98 98 1 Am Smelt 1st 5s 101 101 97.05 99.41 96.67 4 Am Smelt 1st 6s ..107 107 15 Am Bug 6s 3 A T 6t T Cit 5s ..... 11 A T T Ss sf ..... 53 A T T clt 4 .... 13 A T & T 5s 9 A W W E 5s 3 A W W & E 6 3 Amm Wr Paper 65 .. 23 Anaconda Ss 5 Anaconda 7s 12 Andes C M 7s .... 15 Ang Chil N 7s .... 6 Armour 4t Co 4s .. 104 103 ....103 103 ....104 104 .... 99 99 ....107 107 .... 99 99 ....105 105 .... 84 84 ....105 104 ....118 118 ....127 126 ....103 103 91 91 .... 91 91 ....102 102 more a up to i 23 Arm & Co Del 61 I 3 Asso Oi! 6s 1 2 Ail Gulf iWIiS .... J7 77t 1 Atl Ref ref & 100 100 100 5 Baldw Loc 5S 107 107 107 4 Barnsdall 6s 40 war ..100 89 100 1 Barnsdall 6s 60 x-war.. 91 91 81 Beth S SVs .. 9 Beth St 5s ... .102 102 102 .100 69 99 .104 103 103 9 Beth St 6S 1 Blr.g & Bmg 66 78 78 78 1 Bklyn Ed es a .... 2 Bklyn Un O 6s ... 20 Bush T Bldg 6s .... 5 By-Prod Coke 5s 2 Cal Pet 5s 103 103 103 ..11 118 116 .101 100 100 .100 100 100 . 99 98 98 .100 100 100 6 Camaguey S 7S 31 Certn Teed 5s 48 ret.. 81 90 91 1 Chi G L ft C 58 .... 1 Chile Copper 6s 4 Colum G & E 5s .. 20 Comp As Bar 7s ., 1 Cons Coal Md 5s . 3 Cons Q N Y 6s . 16 Contain Co Am 6s 10 Contain Co Am 5s . 5 Crown o & 8 Ca ' 5 Cuba C 8ug 8s st 3 Cub Am Sug 8s ... 13 Cub Dom S 7s . 1 Denver Gas 5s ... 1 Denver Gas 5s sta . 2 Det Ed 5s 49 18 Dodge B 6s 6 Duquesne Lt 4s A 3 Fed L ft T 5s sta . 3 Ft Smith L ft T 5s 12 Gen Asphalt 6s ... 29 Gen Mot Accept 6 15 Goodrich 6s .... 5 Ooody T & R 5s . 1 Gulf St 8teel 5S 3 Hud Coal Co 5s ... 1 111 BeU T 5s ..... ICO loo loo ... 94 84 84 ... 89 89 99 ...108 108 10J ... 80 80 80 ...105 105 105 ...101 101 101 ... 95 95 95 ... 99 99 99 ... 87 86 86 ...105 105 105 ...100 99 99 ...102 102 102 ...CO 100 100 ...102 102 102 ... S3 93 93 ... 99 99 99 ... 85 85 85 ...103 103 103 ...108 107 107 ...101 101 101 ...106 106 106 ... 80 80 90 ... 88 88 88 ... 87 87 87 ...103 103 103 ... 81 91 81 ... 96 98 96 10 Inland Stl 4s 73 ... 1 Int Cement 5s 48 10 Int Match 5s 47 rets. 1 Int Paper 6s 55 1 Int M M 6s 41 7 Int T & T 4s 52 ... . 97 97 97 .102 102 102 .103 103 103 . 94 84 94 .703 103 103 5 Kan C & P 5S 52 5 Kan O & El. 6s 53 ...105 105 105 I Kayser 5s 47 113 113 113 6 Lalede O 61 53 105 104 104 3 Lig & M 7s 44 120 120 120 4 Llq Carbon 6s 41 118 118 118 5 Loews 6s 41 108 108 108 10 Loews 6s 41 x-war 100 100 100 15 Lorillard 7s 44 113 113 113 1 Lorillard Ss 37 92 92 92 1 McCrory Btor 6s 41... 99 99 99 10 Met Ed 5s 53 101 101 101 5 Mid-Con Pet 6 3 40 ..105 105 105 13 Midvale St Ss 36 89 99 89 2 Mont Pow 5s 43 102 102 102 1 Mont Pow 5s 62 D ....100 100 100 3 Morris & Co 4s 39 .... 87 87 87 2 Murray Bdy 88 34 ... 7 97 87 12 Nat D Prod 51 48 .... 86 86 86 6 Nat Radiator 6 '-.is 47.. 84 84 84 S N Orl Pub S 5s 55 B. 97 96 S6 5 N Y & Qn L P 5s 30.. 99 98 98 7NYGE1LH&P is. .106 106 108 3 N Y S 6s 105 105 ICS 1 N T Tel gen 4s 93 90 83 6 N Y Tel ref 6s 107 107 107 1 N Y Trap Rock 6s 102 103 102 II N Am Ed 5s 99 99 99 3 Nor Oh T & L 6s 104 104 104 1 Nor St P 6s 105 105 135 1 Old Ben C 6s 93 92 92 2 Otis Stl 6s 93 S3 93'i 5 Pac G & E 5s 101 101 101 3 P Am P & T 6s 102 1"2 102 2 P Am Pet of Cal 6s.. 94 94 84 8 Para F L 6 99 99 9 2 Park-Lex 6:jS 98 85 98 4 2 Pathe Exchange 7S .... 70 70 70 17 Pen Dixie Cera 6s 97 96 9-3S 1 Phil Co 6s 103 103 103 31 Phil Co 6s 98 87 87 3 Phtla & R C 5s 88 9B 83 5 Phillips Pet 5 92 91 91 1 Porll El 6s 101 101 151 6 Postal Tel 5s 53 B5 94 95 44 Pub Sr N J 4S 11? 118 118 8 Purity Bak 5s 53 93 83 3 Rem Rand S'is war S3 S3 83 1 Rep I & St 5"jS 104 104 104 2 She'.! P Line 5s 52 95 95 S3 3. Shell Un Oil 5s 47 85 95 95 5 SSubert Thea 6s 42 .... 85 83 88 1 S tm & 8 Fr P 5s 49.. 99 99 S3 17 Sine Con Oil 6s Sr 93 83 91 13 Sin Con O 65 38 .... 93 99 93 7 Sine Con O 7s 37 102 101 102 7 Sine Crude O S'is 38.. 97 97 97H 2 Sine Pipe L 5s 42 93 93 93', 5, Bmlth A O 6s 33 ....101 101 101 1 S Beli T 5s 41 103;. 103 103 1 Sou Colo P 6s 47 103 103 1C3 1 8 W Bell T 5S 54 192 102 102 10 Spring V W 5S 43 99 99 59 10 stand Mill 5s 30 loo loo lOOH 2 Stilts OH N J 5s 46 102 102 102 53 Stand Oil N Y 44s 51... 95 95 2 Stevens Hotel 6s 45 Si 93 99 100 IDS 95 5 Tol T L & P 5'5s 2.1 1 Un Elec 5j 33 5 Dn Oil Cal 6s 42 ... 3 Cni Drug 5s 53 rets 93 100 ICS 96 96 4 U 8 Rub 7'cs 30 . 21 V S Rub 5s 47 ... 27 U S Siael 5S 63 ... 1 Utah L & T 5s 44 . 100 100 100': 86 85' 85 107 97 ..107 107 .. 97 97 19 Utah P & L 5s 44 .."3 100'; 100' 4 Wheeling Stl 5".s 48. ..ICO loo 100' 8 Westing J A M 11 46. .104 103 104-4 3 W Sew M 6s 36 x-war.. 100 100 103 3 Wiekw S St! vt 7s 35.. 30 30 30 2 Willy, Ov 6s S3 ....102 102 102 t Wilson Co 1st 6s 41.. 102 102 102 loungsi 0 & T 5, 7g mo j0g 109 Philadelphia stocks High. Low. Close. 62 Am Milling 71 Am T & T. 14 14 14 173 173 S I 11 11 58 68 18 18 48 48 41 41 50 60 1-16 1-16 8 8 93 93 70 70 136 137 5 5 32 32 57 57 69 69 5 5 63 63 92 92 66 68 29 39 55 55 59 53 43 49 100 100 1 12 12 38 38 S S 40 40 1 132 132 25 25 50 50 1 91 91 1100 do rts , ... 11 ... 58 ... 9 ... 18 ... 50 ... 41 ... 30 .. 1-16 ..i 8 100 Blauners 100 Borr.ot Inc 400 Budd E a 80 do pref 13 Camb Iron ...... 3500 Fire Asso 200 do rts cash ... 3100 Ins Co N A rts .. 50 Kennecott Copper 93 300 Kresge 8 S. 70 300 Lehigh Nav 137 200 Louis Mark 5 800 Natl Power & Light.... 33 9900 Noranda Mln 60 50 North Amer 69 1700 N Y Central rights... 5 SOO Penna R R 64 15 Phila Dairy Prod pf... 92 300 Phila Elec 66 100 Phila Elec Power rts.. 29 loo Phila R T 55 36 Phila Trao 59 165 Scott Paper so 25 do B 100 400 Servel t c .... 12 1257 Stanley Co 39 2700 Tono Mining 5 100 Union Trac 40 1100 Unl Gas Im ...132 300 Unit Light & Power A 25 40 u 8 Dairy Prod A 60 500 Victor Talk Machine. 91 Total sales. 31.464 shares, eomnared 57,735 shares yesterday. Thui far this 201,229 shares. NEW YORK PRODUCE 105 95 99 10i NEW YORK, July 20 (AP) FLOUR irregular; spring patents $6.7587.10; winter stranvhts $6.50 8 6.90; hard winter 103 110 straignis So.35tje.75. RYE FLOUR Easy 7.10. fancy patents $6,609 102 99 CORNMEAL Steady: One white low gtanulated $2.8083.85. and 91 92 67 92 RYE Firm; No. 2, Western $1.15 new rorx md $1.13 elf export BARLEY Steady; No. 2, new 91 per 92 '4 '" nuKu smppraem. WHEAT Spot easy; No. 1, dark North 103 98 97 em spring elf new York Jake and rail $1.60; No. 3. hard winter fob New York lake and rail $1.39; No. 3. Ambser durum do.. $1.31 No. I, Manitoba do to arrive BONDS 105 98 101 93 98 101 i.vt in bona. CORN Spot easy; No. 3. yellow cif New York lake and rati $1.33; No. , yellow do., all rail $1.19. OATS Spot steady; Ko. 3, white nominal. FEED Barely steady; City bran 100 tb. sacks $36 00: Wes term bran do., $35.00. HAY Steady; No. 1. $24.00; No. 3. 31.00 8 23.00; No. 3, $17.00819.00; sample $14.00 816.00 PORK Firmer: mess $33.50. LARD Steady; MiBdle West $13 70813.80. TALLOW Quiet; special loose c; extra fc. RICE Steady; rancy head 788e. 107 103 103 104 98 107 99 105 84 105 118 127 103 91 91 102 " America used to be the land of hustle and bustle, but the bustle has disappeared." Now it's hustle and tussle. NorfcCk, Virginia Pilot. 77 FINANCIAL WORLD What Is Going On In the Realm of Stocks, Bonds and Other Investment Securities NEW YOEK. July 20, (AP) The Norfolk, and Western Railroad has ordered 40.000 tons of steel rails, of which 29.000 tons went to the United States Steel Corporation and 11,000 tons to Bethlehem Steel. After exnend'.ture of rr.r:e thaa t3.000.000 bv the Standard Oil Com' pany of Ohio In the last year and a half in developing the "tube and Unk process for cracking oil" the company announced lt had perfected a new lntensiaed process for malting super high grade motor gasoline. j Bales of Servel, Inc., and subsidiaries for the half year were $4,550,-987, each month having shown Increase. Net profit was $162,744. Current assets Juns 30 were $6,455,755 and current liabilities $601,865. Profit of Midland Steel Products for the hall year was $1,523,364 before Federal taxes, against $1,345,357 in the first half of 1927. Second quarter profit was $892,813 before taxes. Revised estimates of Gold Dust Corporation's earnings for its fiscal year ending August 31 point to about $9 a share, compared with $6.20 a share the year before. The Street looks for an increase in the annual dividend from $3 to $5 a share. A combination of wasonal demand and warm weather is said to be making gasoline the strongest factor in the oil situation, although lower fuel prices are offsetting this favorable influence on profits of oil companies The wholesale market 'in the mid-continent- territory is in healthier condition than for more than a year. Larger gross revenues and reduced operating expenses enabled Penn-Ohio Edison System to show surplus i of $3,273 647 for the year ended June I 30. an increase of $816,312. or 33 per i cent over the preceding 12 months. This Includes eammzs oi p,onaeni Ohio Power on the basis of 100- per cent exchange of stock. Executives of F. W. Woolworth Company, look for a 10 per cent gain in business for the second half of 1928 over the same period of 1927, or about $170,000,000, which added to $125,230,000 for the first half of this vear WOUld be a new record sales vol- ume of about $295 000.000 for 1923. Motor Products Corporation reports net profit of $1,163,020 for the first half of 1923, equal to $3.38 a share on the common, after preferred dividends, gross profit was $1,702,163. Electric Shovel Coal Corporation declared a quarterly dividend of $1 a share on the preferred stock, payable August 1 to holders of record July 25. CHICAGO LIVESTOCK CHICAGO. July 20 (API HOGS Re- 99 t ee'.pts 21.000: market e'esed unevenly 35 to 5Cc loxer than Tl-urscisy s average on we-gh-y averages 170 lbs. up; lighter weights 15 to 25c lower; top $11.45 paid early for choice ISO to 210 lb. weights. Shippers took 4000; estimated holdover 1!.-000. Butchers, awiduro to choice 250-350 Tt-s. SiO.15'3 il.lO: 200-250 ns. $10.20311.20: 160-290 Ths. $10.10311.20; 130-60 Tbs. $9.50 S10 10. Pigs medium to choice 90-130 lbs. S9.00-S 10 25. O.TTLE 2000: calves 1000; draggy market steady to 25c lower: mostly 25c lower on in between grades which preformlnated n run; medium to good yearling sharing decline; top $16.50. S'auchter classes, steers, good and choice 1300-1500 tbs. $14.00814.25; 1100-1300 lbs. Si4. 00816.60; 930.1100 Tbs. $14.255 16.75: common and medium B53 Tbs. up $$.7:sa 14 25. Fed yearlings good ar.d choice 750-950 Tbs. $14 258 16.70. Hellers, good ana choice. 850 Tbs. down $14.75316.60; common ind medium $9.00 8 14.75. Cows, good and choice $9.75312.50; common and medium $7.50 8 9.25: low cutter and cutter $6.00 B7.50. Bulls, good and choice (beef $9.40 810.75; cutter to medium $7.2589.25. Veaiers (milk-!eS) good and choice $13.00 815.25; medium $13.G0$13.00; cull and common $8.00812.00. Stocker and feeder steers, good and choice (all weights) lll.u CIS 50: common and medium $9.25311.75. SHEEP Receipts 7000; active firm trade on all Bovine classes: spread narrow on both rangers and natives, however quality fairly uniform; fresh feeding lambs practically absent. Lambs, (rood and choice (92 Tbs. down) $14 50815.85; medium $13.25813.50; cull and common $10.2513.23. Ewes, medium to choice (150 lbs. down) $4.2584.75; cull and common $1.7585.00. Feeder lambs good and choice $13.35813.73. LOCAL SECURITIES Reported daily by Laird, BisseTl or. Meeds. duPont Building. July 30,1928. Quotations Corporation Stocks. Bid Asked Diamond Ice A Coal Company "..104 ... Hercules Powder Co, pfd 121 ... Hercules Common 235 ... Chas. Warner Co., com, no par 34 . 37 Char. Warner Co. 1st pfd ....109 Electric Hose & Rubber, com ..99 W1L Gat Co., com 55 WiL Gas Co., pfd 100 103 Del. R. R. 8 guar, com, par 25 43 Christiana Securities, pfd 113 ... Continental American Life Ins. Co, par 10 5S Jos. Bancroft 6t 80ns, 7""V pfd ..109 ... Jos. Bancroft & Sons, com .... 40 43 Scranton Lace. 7 pfd 106 ... Wilmington Provision Co, 8 pfd 99 duPont Debenture (sales) ......114 ... duPont Common (sales) ........371 ... Atlas Common (last) 74 ... Atlas Pfd (sales) 107 ... Bank Stocks: Central National, par 100 ....140 ... Delaware Trust Co, par 100 ..150 ... Equitable Trust Co, par 100 ....390 ... Farmers' Bank, par 50 165 ... Industrial Trust Co, par 50 .... 84 ... National Bank, Del, par 100 ....200 wits week i eoft yel- fob 46 Security Trust Co, par 100 ... 323 ... Union National, par 35 X50 ... Wilmington Trust Co, par 50 ..225 ... FOREIGN EXCHANGE Jtrw YORK. July 20 (API Foreign changes mixedt quotations In cents: Great Britain, demand, 465 15-16; cables, 486 9 60-day bills on banks, 482 V: Prance, mand, 2.914; cables, 3.92s4; Italy, demand, 5.23V. cables. 5.24. Demand; Belgium, 18-924: Germany, 23.84: Holland, 40.21; Korway, 26.73; Sweden, 26.77; Denmark, 26.71; Switzerland. 19 25i; Spain, 19.52: Greece. 1.3J: Poland. 11.25; Czecho-Slovakia. 2.954; Jugoslavia, 1.76; Austria, 14. OS; Rumania. .61H: Argentina, 42.20; Brazil, 11.97; Tokio. 44.85; .Siianghal, 64 .87 '.4. Montreal. .71T4, PREVAILING PRICES m MARKET Last Quotations Furnished on Grain, Provisions and Poultry PHILADELPHIA, July 20 AP FLOCK Hard winter straights. 87.O07,25; short patent, 87.35S7.75; spring fsts, clear, $8.7367.00: patent, 87.25g 7 50; short patent. 7.50'S7.75; family brands, $7,758 8.50. WHEAT No. 2, red winter, $1.36 bid: No. 2. Garlicky, $1.33 bid. CORN No. 2. yel'ow. $1.2191. 23; No. 3. yellow, $1.I9S121. OATS No. 3. white, 66'5 71c. LIVE POULTRY Fowls, not Leghorns, 27 t?38c: Leghorns, 1942 21c: broilers, Plymouth Rocks, weighing 2 pounds or over. 409 42c: smaller sizes. 3538c; Rhode Island Red broilers, 3 pounds or over, 29830c: I pounds, 28c: 1 pounds, 27c; 1 pounds. 26c: 1 pound, 25c: old rosoters. 18c; ducks, white Peking, 18 5 22c: do. mixed colors. !3t3 18c: turkeys. 25830c; rabbits, per pound, l.'lSc; pigeons, per pair, old, 25c; young, 35c. DRESSED POULTRY Fowls, fresh-killed. !n boxes, weighing 5 to 5 pounds, 3CS31c; 6 pounds or over, 28829c; 4 to 4 pounds. 295 30c: 3 to 3 pounds, 27328c: 2 pounds, 35826c; 3 pounds or under, 22824c; in barrels. $ to 5 pounds. 28 9 29c: 6 pounds or over. 26827c: 4 to 4 pounds. 27&28C-, 3 to 34 pounds. 24826c; 2 pounds 23 8 25c: 2 pounds or under, 21823c; chickens, Western, In Doxes, 3a3 pounds. 406 43c: la.2'.4 pounds. 42843c; smaller sues, 38841c; Western broilers, in barrels, iced 38 8 41c; old roosters, dry-picked. Western, weighing i pounds or over, 20821c; under 5 pounds. 17819c. BUTTER Creamery, In tubs, higher than extras, 478 50c: extra 92 acorei, 46; (91 acorei. 45c: (SO scorei. 44c: (89 scorei. 43c: (83 score). 41c: (87 score), 41c: (86 Kfnre. 40e. EGGS F.ne. fresh egrs were In small supply and firm, with demand fair, we quote as follows: Fresh extra first, S3c; Iresh first. In new cases, 31c: fresh first, lr second-hand cases, 31c: fresh seconds, 298 30c: carelully selected and candied eggs. In cases. 35837c. , , . ., CHEESE Longhorns. round lots. 26 V 27c; Jobbing lota, 20327c; single daisies. (r.ih 2fii4ft.27c. POTATOES WTUte, Southern, bbl, $I.S0 81.75. CHICAGO PRODUCE CHICAGO, July 20 (API. Huge export h,imi in North American wheat, about 5 000,000 bushels, during the last 24 hours, have material upturn to wheat values today. European advices of abnormal not weather and of crop deterioration abroad were current-rrnsiM euotatione on wheat were Orm. lc to lc net higher; corn unchanged to le lower; oats at St ra to e up, ana provisions unchanged to 20c down. Most of the bi gtotal of export businesss nnn;,nrH tidflv was wheat grown in Can ada, but at least part was domestic bard winter wheat and durum. Preceding the news of the broadening of export dealings were unexDected higher quotations a: xver- nm! together with dispatches saying gen eral opinion there was that more demand was In evidence. Northwest Interests did most of the selling today in the Chicago wheat market. This was apparently explained by the fact that crop conditions continued to be favorable in the Northwest, whereas field work in a good deal of the seutnwesi was dcids retarded by too much moisture. Kansas ! J'J"! single day, 112s cars. Corn is being moved from private elevators here to the public warehouses in order to make deliveries on July contracts. In addition. 150,000 bushels of corn was sold today to go Into storage. Crop prospects were also construed as bearish. New July oats were bid up on chances that wet weather would delay receipts. Later deliveries of oati kept about steady. Provisions were easier, sympathizing with hog market declines. Open. High. Low. Close. WHEAT July Sept. Dec CORN July ........ Eepfe, Dec OATS July, old .... Juy ,new .... Serst., new .. Dec. new ... RYE July Sept LARD July Sept. Oct RIBS July Sept Oct ..$1.25 $126 $1.25 $1 26 .. 123 129 1.32 .. 1.32 ... 1X7 .. .99 .. -El .. .47 .. .40 .. .40 .. .43 ... 1.05 ... 1.05 ...1220 ..12 45 ...12.60 1 07 .97 .81 .48 .48 .40 .43 1.04 1.05 12.35 13 47 12 65 1420 1420 14.10 ..14.40 -.14.10 BELLIES July 15 80 15 80 15 70 15 7S Sept. 15.85 13. B 13. 1U w ov CasK Quotations: wntsi, ro. $1 29a$1.29. CORN. No. 3 mixed. $1081 1.08; No. 2 yellow, Sl.uai.iu. unia. t white, 63a65c; No. 4 white, oBaaec. RYE, no sales BARLEY, 70S75C. lino THY 6EED, $4.00a4 .25. CLOVER SEED, $22 50a25.00. LARD, $12.35. RIBS, $14.50. BELLIES, $15.87. . BRADSTREET'S REPORTS BUYING IS STIMULATED NEW YOEK, July 20. (AP) Bradstreets tomorrow will say: "The more cheerful tone of advices as to retail trade and crops, noted last week, seems fully maintained. High temperatures have been favor able aliie to distribution of light sum mer wear and to growth or harvest ing of crops. In the case of retail trade, clearance sales have seen added stimulus, and while wholesale trade still tends to lag, there is evidence that buying for fall has been stimulated by the improved reports from the crops, especially com, which seems certain to show a larger yield than a year ago. Weather conditions have favored the continued harvesting and marketing of wheat in the southwest and middle west, and this has resulted in a call for increased supplies of money in those areas. Reports from the industries this week are cheerful as regards iron and steel and automobiles, and a shade better as regards shoe and furniture manufacturing. Reports from the cotton manufacturing in dustry are that June consumption was the sma lest in nearly two years. "Weekly bank clearings $10,911,- 547.000 and increase of 12.8 per cent over last year. New York Poultry and Eggs KEW TORK. July 20 (API LIVE POUL TRY Weak; broilers by freight 28S35C; by express. 20? 42c: fowls, freight 22 8 24c; press, 16&24C. DRESSED POULTRY Stesdy. EGGS Steady; fresh gathered extras 31'4e32c; extra first 3C4g3:c; first 2SS 30c: seconds, 284e28e. 1.29 1.28 1.33 1.32 1.08 1.06 .89 .97 .62 .81 .48 .47 .49 .43 .40 .40 .43 .43 1.05 03 1.06 1 04 12 37 13 20 1347 12.40 12.65 12.57 1440 14 22 Nearby hennery white cloaely select I extra 4C841c: nearby and nearby Western hennery white; first to average extra, 31S 39e. Ex - 32 de LAEEDBIESELL & MEEDS Memberi New York and Phlladelphli Stock Exchangee. Wilmington New York , Philadelphia CHARTERS FILEO AT STATE 30 Companies Granted Articles of Incorporation; One. Increases Capital DOVER. July 20 Delaware char- ters filed today: United Aviation Corporation. Deal in stocks, bonds, securities. 2.500,00 shares, no par value. A. V. Lane, H. W. Kennedy, Jr, Ared Jenris, Wilmington, DsL (Corporation Trusb-Company of America). Miller Rim Products Corporation. Deal in tires and tubes for automo- biles. 200,000 shares, no par value. A. V. Lane, H. W. Kennedy. Jr, Alfred Jervis. Wilmington, DeL (Corporation Trust Company of America)." General Compounding Corporation. Carry on business of chemists, druggists. 100,000 shares, no par vaiue.-L. R. Wilson. A. L. Irwin, William O. Singer, Wilmington, DeL (Delaware Registration Trust Company). South Carolina Granite Corporation. Own, operate stone quarries, gravel pits, sand pits. 100.000 shares-no par value. A. V. Lane, H. W. Kennedy, Jr. Alfred Jenris, Wilmington, Del. (Corporation Trust Company of America). Los Angeles Fisheries, Inc. Deal " In whales, fish, all sea foods. 90,0OO shares, no par value. A. V. Lane, H. W. Kennedy, Jr, Alfred Jervis, Wilmington. DeL (Corporation Trust Company cf America). Moloney Electric Company. Deal in transformers, motors, dynamos. 80,000 shares, no par value. A. V. -Lane, H. W. Kennedy, Jr, Alfred Jervis, Wilmington, DeL (Corporation Trust Company of America). The National Automajket Company. Deal in groceries, beverages, $1,000.-000. 20,000 shares, no par value. A. V. Lane, H. W. Kennedy. Jr, Alfred Jervis. Wilmington, Del. (Corporation Trust Company of America). Interstate Fur Industries, Inc. Deal' in wearing apparel of every kind. 30,000 shares, no par value. Harry C. Hand. William M. Stevens, Raymond J. Gorman, Dover, DeL (United States Corporation Company). Ohio Cities Water Corporation. Deal in stocks, bonds, securities. 22,000 shares, no par value. E. E. . Craig, A. L. Rauehley, M. S. Cook, Dover. DeL (United States Corpora HOUSE tion Company.) Dickson Oil Royalty Company. Deal in 03, gas, other minerals. $1,000,000. John L. Dickson, G. A. Dye, Horace B. Clay, Talsa, Okla. (Corporation Service Company.) Bethlehem Kid Company. Deal in leather or all kinds. $500,000. 2000 shares, no par value. J. Vernon Pimm, E. M. MacFarland, Philadelphia, Pa.; R. L. Spurgeon, Wilmington, DeL (Corporation Guarantee and Trust Company.) Irving Securities Corporation. Deal in stocks, bonds, securities. 10,000 .. shares, no par value. A. V. Lane, H. W. Kennedy, Jr, Alfred Jervis, Wilmington. Del. (Corporation Trust Company of America.) ' James W. Byrnes Shellac Company. Act as agent or representative for corporations, firms, individuals. $250,- 000. 2500 shares, no par value. Charles B. C-ane, John F. Kieman, ' Gertrude Sprotte, New York, N. Y. (United States Corporation Com pany.) The Howie tt-Davis Company.. Manufacture and sell various commercial products. $250,00. L. R, ; Wilson, L. A. Irwin, William G. Singer, Wilmington, Del. (Delaware Registration Trust Company.) Virginia Placers, Inc. General min ing business. $100,000. Alfred G. Mueller, Robert O. Newell. Vera M. Presher. New York, N. Y. (Prentice- Hall, Inc.) Gloria Exploration end Development Company. General xnininir business. $100,000. R. E. Thompson. M. B. Reese, L. S. Dorsey, Wilmington. DeL (Colonial Charter Company.) Wallis Service, Inc. Conduct & general purchasing service business. $10,000. 1000 shares, no par value. G. Mathers Clark, Ray Hauben, Thomas Wilmot, New York, N. Y. (Organization-Maintenance. Inc, 311 South State street, Dover, Del.) J. M. Forline, Inc. Establish branches or subordinate branches of Latcnans. Inc. $50,000. E. E. Craig. A L. Raughley, P. A. Finnegan. Dover DeL (United States Corporation Company.) Investment ' Building. Inc, of Pittsburgh. Deal in real estate. 1000 snares, no par value. A. V. Lane. H. W. Kennedy, Jr, Alfred Jervis, Wilmington, Del. (Corporation Trust Company of America.) Personal Finance Company of Ironwood. Industrial loans. 1000 shares, no par value. A. M. WiHinr. Charles E. Rivers, Sven I. Linden, Wilmington, DeL (Southern Trust Co.) Reliance Oil & Supply Co. Deal in gasoline, petroleum. tl9500. .r Vernon Pimm. E. M, MacFarland. Philadelphia, Pa ; R, L. Spurgeon, Wilmington, DeL (Corporation Guarantee & Trust Company.) United Service Garages Operating Co. Operate service stations. 20 shares, no par value. A. V. Lane, H. W. Kennedy, Jr., Alfred Jervis, Wilmington. Del. (Corporation Trust Company of America.) The Standard Electric Time Com-(Cuntinued cn Page Thirteen) Investment Securities Henry & Nowland INCORPORATED Tenth and Orange Stl. , Wilmington. Delaware I L P1.......10S 108 1H

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