Altoona Mirror from Altoona, Pennsylvania on May 28, 1930 · Page 19
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Altoona Mirror from Altoona, Pennsylvania · Page 19

Altoona, Pennsylvania
Issue Date:
Wednesday, May 28, 1930
Page 19
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FOR TO Y STOCK PRICES GO . TO HIGHER LEVEL lead- by Utilities, Stimulated by Merger Reports, Mil*, ket Advances on Light ' Professional Trading. ,ly OEOnoE T. HUGHES. . (Copyright, 1930, by Altootm Mirror.) WALL, STREET, NEW YORK, .May 28.-Although With many irregularities and periods of hesitation, the stock market established itself again today at a higher level. Volume was still light and business was professional, but raiding tactics of the bears met with only partial and temporary success. .' ,It was the utilities that took the lead early irt the day. They were stimulated by reports of new mergers, among which Was one putting together American Power & Light, Electric Power & Light and National Power & Light, and by favorable earnings statements. American' & Foreign Power reported $4 a share for 1,624,357 common shares in 1929 against $1.22 a share on 1,248,930 shares in 1928.- Buyers of the stock were satisfied with the increase, and did not stop to consider the high appraisal the market had already put ion this income. "Various specialties were bid up, in- Qdihg Foster Wheeler, which made a new 1930 high on estimates that earnings would run to as much as $10 or $12 a shore forthe year. International Business Machine reflected a favorable trade outlook with a rise to. the best since,the 1st of January, and Hershey Chocolate touched a new peak price. Stocks which showed themselves able to push ahead attracted a following, but it was doubtful whether that' following was made up of anything more than pure traders. : Today's New York quotations. Quotations furnished lot Altoona Mirror by 'West 4 Co., members o£ Philadelphia and Mew York Stock exchanges, local office, First National Bank building. High. Low. Clone. KAUS: , Atchlaon r... 227U 221Vj 221% Baltimore and Ohio 112% 112% 112% Canadian Baclflc 51% 61 Vs 51% Chesapeake and Ohio ... 222 218 218 Chicago and Northwest . 82 81V4 81% xDelaware and Hudson . 172 171% 171% Erie 47 H 46 40% Great Northern 88 88 88 Kan. and Southern .. .. 73% 72% 73% New Haven 115 114 114 Vi New York Central 177% 174 175% Nbrfolk and Western ... 241 241 241 Northern Pacific 82 81 81 Vi Pennsylvania 78% 78% 78Vi Reading 117 117 117 Rock Island 117 116 116 St. L. and S. F 11414 114 '/i. 114 14 St. -Paul, Com. ...• 18% 18Vi 18% St. Paul, Pfd 32Vi. 31V4 31% Union Pad(Ic 230 228 220 Western Maryland .. .. 32% 30% 31 INDUSTRIALS: A. T. and T. Rites 21 Vi 20% Allls Chalmers 02 00 Vi American Can 148% 14614 Amor. Foreign Power 80% 8414 Anler. Locomotive 50 50 Amor. T. and T 231% 230 'A Armour A. 6 V4 8 'A Armour B 3Vi 3Vi Baldwin 27% 27% Bendlx Corp 43 42% Bosch Magneto 30 % 37% Bovcrt 20% 20% Columbia Qua 84% 83% Columbia Gramaphone ... 28% 27% 'Corifeoleum 14% 14% Continental Can 68 65 Curtiss-Wrlght 10 9% JJaVldsbn Ch'em, .. v i.,<.. 30 35% llupont do Nemours 132 Vi 130 % fKfcc. P. and L 05% 02% JKlmpus Players 69 % 69 % TTreeport Texas 47 % 47 Vi General Foods 58 % 58 General Elec S3 % 81 Vi General-Refractories 83% 82 General Theatres 47 45% Goodrich 40% 40% Goodyear 85% 84% Intl. Combustion 10V» 9% Intl. Nickel 33% 33% Kelly-SprlngUeld 4Vi 4Vi Krougcr and Toll 32 Vi 32 Lorlllard 25 24% May Dept 51 Vi 511«i . Montgomery-Ward 44 % 43 Vi National Caah 60 Vi 50% National Dairy 00% 58% North American ...',. .. 125% 123 Pub. Service, N. J 116V! 114% Radio 53% 51% Radio-Keith •.'. .. 42% 41% Romlngton-Rand 37% 38 1). S. Rubber 31% 30 % Sours, Roebuck 86Vn 85 Schulte, A 0 Vi 014 Standard Gas 119 Vi 117 Stand. Sanitary 33% 32% Trico 35Vi 35 Texas Gulf 0014 59 Vi United Aircraft 77% . 75% United Corp 46 U 45 Vi United Gas and 1 40 Vi 44% Utilities P. and L. A ... 411i 40% Warner Brothers 04% 63% Westlnghouse Airbrake . .|3Vii 43Vi Wt'Htlnghouse Electric.... 17l)"i 170% Woolworth i)3% 02% 21 62 1'I7% 85 !4 58 231 BK. 3M. 27 'A 42 % 39>/{i 20'/4 83% 27 14% 07 tt 9% 35% 131% 05 U 89% 47V4 58% 83% 83 48% 40% 85 9% 32V. 24% 51 M, 44 !i BOM, 11514 53 Vi 42 36 31% 88% 118% 33 35 Vi 60 Vi 77 45% 45 16 40% 61% 43 Vi 179% 62% MOTOKS: Auburn 165 Vi 165 10,1 Chrysler 37 36Vi 36% Continental 5% ' 51i 5% General Motors 51',j 50% 60Vi Ciruham-Palgo 9 8% 9 Hudson 44% 43 Vj 44 Hupmobile 18Vi IBVi 18Vi Mack 73! 2 70Vi 70li Marmon 20V S 19% 19% Nash 41% 40 41% Packard 17',» 18% 17 Reo 11 Vi 11',k 1116 Studebakcr 36% 361i 36% Whltu 71i 7Vi 714 Willys-Overland 28 U 27!« 28U STHKLS: Uethlehi'in 06".; Iron Plpu a 1 Ij. Colorado Fui'l 63% Heading C. and 1 24 ; t Republic 53% T. 8. Steel 175 •'aimdlum 120 Foundry 42 U5 34 62 % 24% _ r.2% 172 Vi 174% .14% 119% •iivi 42 94 Vi 31 02 24'i 52 ii Amor. Smelting .... Anaconda Calumet and liecla . Ccrru de Pasco... . Granby Oreut Northern Ore Ki'iinccott Miami Nevada TumicHHee U. S. Smelting OILS: Asphalt Atlantic Helinlng .. Bai nsdull Continental OH .... Hoution Oil Independent Indian Refining .... Mfxlimn Seaboard .. Mill Continent .... Pun American B . , Phillip* Pete Pure Oil lilcbtleld Oil Shell Union 72 U Ul 20 M'.'i 32 % 2 Hi, 1!0 W, 21 Ti. 21','i, M'/i 28 71-U 59% 19% 54 : !i 32 21 !i 19% 48% 2HJ 20% 14 Vi 28 72 00 19% 54% 32 % 21 Vi 20 47V4 21Ti 2 Hi 14 Vi 28 58 -Kl'.i 27% 21 U 101 v, 2U',i 18 Vi HOli 28 (i 63% 381-1 23 23 '« 2 Hi Sinclair .............. 28 Bkclly Oil ............... 30% (Standard Oil Calir ........ 70!a Standard Oil N. J ........ 80% Standard Oil N. V ....... 37 Vi Texas Company .......... 58 Vi Tidewater AHJO ........... 17 Vi Transcontinental ......... 20 VI Union Oil, Calif ......... 45Vi Sales, 2,402,100 share.-,. Money, 3 per cent. xlSx. Dlv. 1V4. 07 Vi '12% 26% 20% 97% 25?» 18V1 29% 27'ii B2 ',» 37% 22% 22 20 Ti 27% 35 Tl 69',i 78% 3ff% 57% 17 Vi 19% 415 li M.VUKKT. Cities Service 3-1 % 33% Ford uf KllKlund 18 Vi 18 ivnnroy.d Corp 13 li 13 58 13 U I!?' 1 100% 26 J8% 30% 28 Vi 83% 38% 23 22% 27% 36% 70 Vi 80% 38% 58 17% 20 45% 33 Ti 18 13 New Vurk I'roducu. NliVV YOKK, May 28.—Flour dull and easier; spring patents, J5.85iu JU.2& per barrel. Pork steady; menu, $32.00 per barrel. Lurd easier; middle west spot, .1050© ,1000 per pound. Tullow steady; special tg extra. 5%c<u<6c pel* barrel. Petroleum easy; New Vork retined, 15c Jn-r i-ulluii; Pennsylvania crude, $l.U5(ii'$2.30 'per barrel; turpentine, 'IScw IUc per gallon. Hides (common) firm; Central America, 12« per pound; CucutOJ, 12lie per pound; Orlnocos, IS'/ic per pound; Muracalboa, lake ner pound. Hkles (ci'y packer) fl"n; native »teer«, »y Bj C. FORBES. The wives o^ at least a few business men who are abject slaves to work are holding up President Hoover's weekending example. They emphasize that the president nev'er misses an opportunity to close his desk and devote. Saturday to fishing. The popular notion that practically all highly successful men of affairs Indulge in long-ends for .recreation is totally wrong. A greftt many business men work more hours than their em- ployes work. It isn't uncommon for high-up executives to Work on Saturday and th,en take work horte with them for Sunday. Not many of our leading bankers find this necessary. Somehow, bankers, as rule, manage td cpmpress their duties into reasonably short hours—although It is pure fiction that most bankers work only from 9 or 10 to 3 . f n the afternoon. Golf is always mentioned as the most fatal lure for business men supposedly busy. The fact is that the fellows who take most ume off are those who, like Coolldge and Hoover, become addicts of the fishing rod.\ Nor are most HOOVER WBEKtENDS CITED BY WIVES OF'WORK SLAVES 14 %c per pound; bulk brands, 14 %c per pound; Colorados, 14c per pound. Potatoes— Old weak, new steady; southern, ?4.60<8>$6.00 per barrel; Maine, $3.50® $4.75 per barrel; Bermuda, $6.60@$9.50 per barrel. Sweet potatoes steady; Jersey, basket, 50c (g>$3.00. Grease quiet; brown, 6%c; yellow, 5%c; white, 5%c@5%(j. Dressed poultry (cents per pound) — Quiet; Kcese, 12c5j)14c: ducks, 14c@23c; fowls, -18c 25c; turkeys, lGe(H>25c; roosters, 18c(U>18c; broilers, 20c@32o Cheese (cents per pound)— quiet; state whole milk, fancy to specials, 24c@26c; Young Amerlcahs, I9%c@25o. Butter (cents per pound)— Market steady; receipts 14,236; creamery extras, 32%c; special market, 33e<8>33%c. Eggs (cents per dozn) — Market weak; receipts 60,288; nearby white fancy, 30c<8> 31%c; state whites, 25c(gi29c; fresh firsts, 2iyjciS>22c; Pacific coasts, 27%c@>34o; white westerns unquoted; nearby browns, 24%c®) 30%c. _ Metals Exchange. NEW YORK, May 28.— Tin; June 30.95; July 31.15-.30; August 31.35, bid; September 31.45, bid; December 31.95, offered. In the outside market copper for the domestic trade Is 13, for export 13.30; lead 5.50; zinc 5.00. ColTco Prices. NEW YORK, May 28. — Coffee futures opened nominally unchanged. Santos futures were unchanged while Rlo's'were unchanged to 80 rels lower. Rio 7s on spot 9; Santos 4s 13!4-13%. lluw Silk. NEW YORK, May 28.— Raw silk futures were 2 lower to 1 higher today, with the market showing a barely steady undertone and a light trade. June was quoted 3.75 and November 3.64. No notices were Issued. Yokohama futures were 3 to 9 lower and outside Salyu at 11.00 was unchanged. Kobe futures were 4 up to 17 lower. Pittsburgh Produce. / PITTSBURGH, May 28.— Butter— Nearby tubs, 92 score, extras, MVic; standards, 33 We; 89 score, 31',ic; 88 score, 3014c; prints 1 cent higher. Eggs — Nearby firsts, second hand cases, 20c(£f)21c; extra firsts, new cases, 21c&>22c; nearby hennery whites, 22c@23c. ' Live poultry— Hens, 20c<S>25c; -broilers, 25c @40c; roosters, 14c; ducks, 18c@2Gc; geese, 10c(ij)12c; turkeys, 18c@20c; fresh killed hens, 32c®40c. Pittsburgh Livestock. „, PITTSBURGH, May 28. — Hogs, receipts 1,500; market steady to DC lower; 150-210 Ibs., *10.85<S>$10.90; 220-260 Ibs., . ?10.60<Ji> $10.75; heavier hogs, $10.25@$10.50; 100-130 Ibs., $10.00(6)510.50; sows, $8.50® $9.00. Cattle, receipts 25; market steady; cutter grade cows, $5.00(uJ$6.00. Calves, receipts 300; market steady; top vealcrs, $12.00. Sheep, receipts 500; market 50c higher on old crop lambs; bulk, $10.00(f/)J11.00; spring- ers and sheep about steady; best spring lambs, $13.50. Philadelphia Produce. PHILADELPHIA, May 28. — Asparagus was In light supply on the local market today and Pennsylvania very large green stock sold at $3.25<ii>$4.00 per dozen bunches, large at $2.00&>$3.00, medium $1.60(ii'$200 and small $1.254i $1.50. Strawberries were In lighter supply with truck receipts from all sections totalling approximately 4,500 crates. New Jersey berries sold at $3.00©$8.50 per 32-quart crate while Maryland and Delaware stock brought $2.5011151!. 50. r Lettuce was weaker and nearby stock brought 60c@$1.00 per crate. Rhubarb was weaker and brought I'/icfl) 2','jc per bunch. Spring onions sold at $1.00® $1.25 per 100 bunches. Mustard greens sold at 10cif30c per busricl. Spinach. lOcWSOc. Dandelion greens, 30c@40c. Turnip greens, lOc@30c. , Nearby heets sold |at 4%c<R'6c per bunch, Butter— 93 score, i34%c; 92 score, 33%c; 91 score, 32'Kc; 90 score, 31c. Eggs — Graded nearby whites held 23%ci?i) 241'.c; mixed colors, 22%c(S>23c; westerns, 2.IVjCii?>2;Sc. Chlruco' Livestock. CHICAGO, May 28.— Hogs, receipts 10,000, including 5,000 direct; mostly luc to 15c blglier, fairly active at the advance; top, $10.50 paid for un occasional load 180-200 Ib. weights; bulk 1UO-300 Ib. weights, $10.05 61 $10. 40. Butchers, medium to choice, 250350 Ibs., $0.75«) $10.50; 200-250 Ibs., $10.00 (u>$10.50; 160-200 Ibs.. $10.00ii))$10.50; 130100 Ib.H., $!),75(<j>$10.40; packing sows, $8.00 (KSU.B.1; pigs, medium to choice, 1)0-130 Ibs., $9.25»j'$10.25. Cattle, receipts 8,000; calves, 3,000; generally steady to strong; best steers, $13.00; lui'.ul killers and eastern order buyers in the market; some slowness on low priced cows of value to sell $8.00 clown. Slaughter classca, steers, good and choice, 1,300-1,500 Ibs., $12.25(i|>$14.35; 1,100-1,300 Ibs., $12.00 <tC$H.OO; 050-1,100 Ibs., $11.75SJ)$14.00; common and medium, 850 Ibs. up, $8.003i> $12.50; fed yearlings, good and choice, 7500,50 Ibs., $11.50(L"$13.00; heifers, good and choice, 850 Jbs. down, $10.0011'$ 12.00; common and medium, $7.00(i>$10.00; cows, good and choice, $8.00"i'$10.00; common and medium, $0.75!ij'$0.00; low cutter and cutter, Sl.TfKT jfl.75; bulls, good and choice (beef) $7.li5(u'$9.00; cutter to medium, $6.75:u> $7.75j vealers unilk-fed) good and chalce. $11.00ifr>$13.00; medium, JO.OO'S $11.00; cull and common, $6. 50 ©$0.00; stackers and fc'eders, steers, good and choice (all-weights) $B.75<(jJ$10.75; common and medium, $7.50ii> $0.75. Sheep, receipts 13,000; market opened steady to weak, some bids lower; shorn lambs, mostly $10.00»|i$10.25; early top, $10.50; native springs 25c higher ut $12.7.W $13.00: top. $13.25; fat ewes, $5.00ft/'$5.50. Slaughter cla-Hsus, spring lambs, good and choice, $12. 25<ii $13.25: medium, $10.75«i> $12.25: cull and common, $9.50sj)$10.75: lanihs, good and choice, 02 Ibs. down. $9.50 «i $10. 50; medium. $8. 75 ('j "$9. HO: cull and common, $8.0047 $8.75; medium to choice. 92100 Ibs. down. $8.50'/i'$10.35; ewes, medium to choice, 150 Ibs. down, $4.25fu'$6.00; cull and common, $1.75Ctr$-l.50. t'lilniKO Produce. CHICAGO. May 28. — Eggs, market steady; receipts 11,156 cases: extra firsts, 21c<ii) 21VOc; firsts, 20cSi'20%c: ordinaries, IScfu) ISVjc: seconds. 17c. Butter, market firm: receipts fl.807 extras, 31',icW31 : Kc; extra firsts, 30%c; firsts. 28c<S2flc: seconds. 26c<S'27 1 X!c; standards, 31 'lie. Poultry, market easy: receipts 2 cars; lowls, 20r ; springers, 25c: Leghorns. 17c; ducks, 15c; geese, 12c: turkeys, 20c; roosters. 14c; broilers, 30ciTi)38c. CheeHe — Twins, 17crfrl7'.4Ci Young Americas, 18 We. Potatoes x — On truck 210: arrivals 75: shipments 756; market old stock dull; Wi.scon- sln sucked round whites, S2.45fi $2.00; Idaho sHcked Russets, $3.<10(fi 1 $3.55: New stock stronger: southern sacked Bliss TrlumpJis, $3. 10«? $3. 40. tit them satisfied with week-end expeditions. There isn't much very good fresh water fishing near New York. So enthusiasts who can afford it rent fishing /rights farther afield, including Canada, aftd hie off quite frequently for considerable stays. Among the most expert anglers is Walter Teagle, head\of Standard Oil of flew Jersey. Although he is a glutton for work, he darts off quite frequently to llsh. Since the war, yachting has become •much mbrfe popular amorlg wealthy fl* nancial and busine'ss giants. Many who are wealthy have been/buying small motor yachts and taking to the water instead of the congested roads during week-ends. James A. Farrell, head of the Steel corporation, is easily the most expert skipper among industrial leaders. He learned seamanship when' a boy from his father, a ship- owner on a modest scale. Some yachting enthusiasts are sending their sons on a two-months' expedition with Count Von Luckner, the famous and jovial "sea devil" who made entertaining history during the war by his amazing exploits as a lone sea raider—without ever taking or losing a life. During this cruise the boys and -youths will be taught steamship, a smattering of ,astronomy, tlsh- Ing, hunting and mild exploring among quaint islands in southern seas. Every day a radio goes to each .boy's home. Motor kings are particularly > prominent among our present-day yachtsmen. A. P. Sloan, head of General Motors, recently 'built a yacht almost comparable to J. P. Morgan's new two- and-a-half-mlllion dollar Corsair. The famous Fisher Brothers have also taken to the water. John N. Willys 'acquired a yacht quite early in his career. Walter Chrysler is another convert. So is Edsel Ford. Happy is the man who can wisely blend play with work. Overwork is far more common among business notables than overplay. •* \ I Instead of making business comparisons only with a year ago, it has been frequently emphasized here that comparisons should be made also with earlier years in order to get a true picture, a proper perspective of conditions this year. This table, compiled by Paine, Webber & Co., "compares physical production in the flrst quarter of 1930 With the preceding three years in six key industries:" l-'lrst Quarter, 11)30. % Change % Change % Change From 1929 From 1928 From 1927 PlK Iron... -11.2 xO.4 -6.0 Stfel Ingot -12.5 -1.7 xO:4 Copper .... -18.7 x3.7 -1.3 Coal. Bit.., - 4.8 xO.G -24.3 Electric Pr.' xl.8 x!7.5 x25.2 Auto.' Pass. -32.6 -2.6' x4.4 It will thus be seen that output this year has been well ahead of 1928 and about equal to 1927. Has pessimism been overdone? Wall Street is beginning to take the view that It has. Several influential firms, institutions and individuals that were strongly counseling caution have switched to the view that the worst is over and that a more confident course can be safely followed. There has been lately developed what Wall Street calls,"good" buying of stocks, meaning purchasing by wealthy individuals, investment trilsts and the like. As recently told here, the bears have been finding it harder to send quotations down sharply. » The writer clings to the view that the next important movement iwill be upwards. The Stocl? exchange's ruling against the purchasing of their.own stocks by investment trusts is eminently wise. What was there to prevent an investment trust from buying in a very large percentage of' its shares and then running up the price sensationally bears who would find themselves virtually trapped? The New'England council finds, on Investigation, that New England business is doing more advertising this year than last year. New England too long hid its industrial light under a bushel. It too long adhered to old- fashioned ways. Now it has aroused itself. To play safe, 'get vacatlqns over as early as possible this year. Things I may get distinctly more active before the customary vacation season Is over. (Copyright, 1030, by B. C. Forbes.) U. S. TREASUHY BALANCE. WASHINGTON, D..C., May '28.— The United States treasury balance announced today as of close of business May 26 was $122,754,580.01. Customs receipts for the month to date were $42,025,540.52. Total ordinary expenditures, $6,327,440.05. TOO LATE TO CLASSIFY Help Wanted — Female GIRL FOR GENERAL HOUSEWORK. AP- ply 515 6th Ave. Phone 2-5181. Situation Wanted — Male MAN DESIRES WORK AS GARDNER, Janitor or any kind of work. Phone 2-0511. Unfurnished Apartments 6-ROOM APARTMENT, 2515 BHOAD AVE., 2nd floor duplex. Gas range, Kitchen cabinet, linoleum in bath and kitchen. Dial 2-3532. Available on or before June 20. tubs: 30c4() PENNSV CONDUCTOR IIVUT. Harry D. Boyles. aged 48, of Pins- croft, Pennsy freight conductor, this morning fractured his right forearm and received severe contusions of the left side when he fell from a box car in the wards at Fourth street. He was talten to the Altoona hospital where he was treated, an X-ray examination revealing the fractured arm. It was believed at first that several ribs had been broken but the X-ray indicated 110 fractures there. Rent — Houses LARGE 7-ROOM HOUSE WITH ALL CON- veuicnces. Yard and garage. Crlgger Bros., 1024 llth Ave. Altoona Discount Co. 1428 Uth Ave. New Aaron Bldg. Small Loans to Home Owners of Good Credit Standing General Guilders Distributor! Curtis VVoouvorK U331 mo Margaret Ave. All Kind* of Dependable INS' RANCE W, L. NICHOLSON l.lpprnau Bldg. llth Aw. and I.lib St. Alluonu BOND MARKET IS VERY IRREGULAR By f\ tt. ftJCftAttOSON. (CojjyHght, 1930*. fty Altoona Mlttor.) NEW YORK, May 28.—Bonds again purtu«d an irfe'guiar course in quiet trading today. H-gh grade public Utility issues, United States governments and most of the convertibles, were unchanged to slightly higher, but prime railroad mortgages were fractionally lower. All parts of the list were affected by liquidation caused by month-end requirements aftd preparations for the reparatidns bonds. Money rates were unchanged. in connection with the reparations bonds, the Street no wha« it that the New York slice will be marketed at 90 for the BVj's. This Is comparable with the 1 - 6% per cent Japanese loan, which Is currently selling at about 1*4 points premium. Bond dealers are inclined to think the reparations bonds will act much SB have the Japanese credits/ OnceVniore the total of new offerings was small, only slightly above $$9,000,000, of 'which $2,160,000 consisted of an offering of municipals, $4,200,000 of foreign bonds, and $3,000,000 of inter- continents Power convertible O's. The foreign issues were $2,2TO,000 city of Santiago, Chile, 7's, priced at 96^, and $2,000,000 National Power arLight limited first mortgage 6's. The latter Is the initial financing of the company organized to take over the electric light and power system of the city of Moose Jaw. Saskatchewan, Canada. •' TODAY'S BASEBALL. National. Philadelphia at Boston, cloudy, 3:15 (dl). New York at Brooklyn, cloudy 3:20 p. m. (dl). St. 'Louis at Pittsburgh, cloudy 3:30 (dl). Cincinnati at Chicago, part cloudy 3 (dl). American. Boston at Philadelphia rain 3:30 (dl). Washington at New York, cloudy 3:15 (dl). Chicago at Cleveland clear 3 p. m. (standard). Detroit at St. Louis clear 3 (standard). REAL ESTATE 'TRANSFERS. $1 Michael Wels, widower,, to Theodore J. Young, southwest addition to Lokemont John S. Seeds, et at, to Harry W. and Harriet N. Watklns, . his wife, Twenfy-thlrd avenue, Calvert Hills, Altoona $1 Flora Miller, et al, to Marvin M. and Anna Miller, his wife, Huston township 15,000 DAB IN GRAf MARKET By GEORGE c. SCHNACKEI, (Copyrlfclrt, 1930, by AltooBa Mirror.) CHICAGO, May 28.— The price trend In wheat was higher today, nminly because of strength in Liverpool and Minneapolis, and on unconfirmed reports of big export business by the Canadian pool. Selling by holders of indemnities was uncovered on the bulge, but the market easily digested the offerings. Corn was bought mainly because of the strength in wheat and showed a moderate advance. Selling against offers was uncovered on the bulge. Weather was reported too cool to be of benefit to the growing crop. Oats received better support as a result of the advance in other grains. Provisions were firm. There was scattered, buy ing in sympathy with the advance in hogs. Open. Hlg-h. Low. Clme. WHEAT— May ............ 107V t 108% 107 107V4 July ............ 107% 108% 107% 107% Sept ............ 11014 111V4 109% Dec. CORN— May July Sept Dec OATS— May July Sept Dec RYE— May July Sept Dec 114 'A 115% 113% IH'/t 79 80% 81% 75% 41% 40 V4 39% 42% 60 63 H 67 71 >A 79 81% 82% 76% 42% 40% 39% 42% 60 Vi 63% -67% 72 Vi 78 V4 80 , 81H 75% 41% 40% 39 W 42% 60 82% 87 71% 78% 80% 81 y 4 75% 41% 40% 39% 42% 63% 67% 71% CLEANEB STREETS AIM OF BOOSTERS i Altoonft Sbostef aaaaciatlbn merchants ftf* taking step* to cooperate with city officials to keep* the streets in the business section free from litter. Much carelessness'has been manifest recently In the matter of strewing the thoroughfares with scraps of paper and other offal which is wafted about by' winds and usually flnds a lodging place in store entrances. Sweeping and picking up is now the solution. Stopping the nuisance at the fountain head Is the solution and to that end, all have banded themselves in a pledge to do all they can to have the practice stopped and teach people to use waste containers which aijc set conveniently about. Some of the trouble is placed on boys. The city officials do flushing several times each week and they are willing to haul the litter away if gathered In containers. Much damage is done to merchandise by the wind blowing dust and refuse about. The public Is asked to remember TODAY'S BANK CLEARANCES. The bank clearances for the day, announced this forenoon by the Altoona Clearing House association, amounted to $225,309.68. The purchase of Diversified Trustee Shares , not only helps the small Investor to avoid putting all his eggs in one basket, but it can see that the investor has' most of his eggs in the RIGHT basket. Price: about 9 l / 2 i FAY BROTHERS Investments LINCOLN TRUST BLDG. Central Public Service Corporation Class A Stock Yields 10% Yearly in 'Stock Dividends G ROWTH and expansion of the Corporation from 1925 to April 1, 1930 is shown In the following increases: (ncreve . Net Earnings .. 1737% Grosi Earningi. 1351% Customer* served 461% Ajfc for New Booklet WEST &> Co. First National Bank Bldg. ALTOONA 1511 Wilnut Se. 1422 N. Broad St. PHILADELPHIA 63 W.U St., N«w York ! New York Stock Exchini* Philadelphia Stock Exctunit New York Curb Exchanit tfokt ifts ifl tte etow« *flf <&fc . Aftfioflirtemsfrt » *M» mad« tAttt* th» Thttr*ffty nan /nty JO ftfitf edfltfnttt tfi._ **td Atfgwrt. tWtmg At 14 noon on. thoire day«. OftuK ..——-—.. Y0nK WHIP* iMwanvwr.Y i-^*. «*-^--"^» ^^^^^^' ifflHt TWelSi rwerrw «^J A Building Code should govern all materials New building materials offering economies of construction have been developed in recent years. Your use of these materials, however, is limited until the building code of your city has been revised to include them. Why not economize in safe con* struction by modernizing your city building code? PORTLAND CEMENT ASSOCIATION 1315 Walnut St. PHILADELPHIA of "National Organization to Improve and £stend the Uses of Concrete H R Y S L E ' M O T O R S PRODUCT OW A I INER AT PRICES GREATER POWER FINER PERFORMANCE STEELWELD* RODY ' The record-breaking De Soto Six not only baa been improved, but the achievement is made all the more notable by a lower price. 4 For 22 straight months, De Soto Six swept on from one pinnacle of success to another—breaking all sales records for a first-year car—establishing itself as one of the greatest values in the history of motor cars. 4 Now.that same fine car is improved — further beautified— made still richer—given added power — made even swifter, smoother WORTHY COMPANION C A and more delightful in performance. QDe Soto now has a new Steelweld body—a great forward step in silence, strength and safety. The engine is bigger, with greater power output —a masterpiece of 6-cylinder engineering. 4 To improve a record-breaking car and to offer it at a lower price is an achievement of great importance to all motorists who are eager to make their motoring dollars yield the very utmost in enjoyment. Do not, for your own Copjrl 8 bt 1930 by D« Solo Moloi Corpontion R TO T R E W O R L D ' rake, buy any new car until yon se« and learn what a real investment this finer De Soto Six now offers. fioadtter, $810; Phaeton, $830; Bust- neu Coupe,$830iDeLuxeCoupe, $86Ot Four-Door Sedan, $875; Convertible Coupe, $945. All pricetf.o.b. factory. •A new type of fine-car body construction— tleel welded to tteel — no JolnU — ntnuMt solidity — • distinct advance in body silence, ttrengtb and safety. LOWEST - P H 1 C E D B I C • T FLUKE & KIMMEL 814 Green Avenue Dial 2-8587 J. W. Thomas 1550 Columbia Ave., Tyrone Crou Roads Service Station Roaring Spring Irving Bros. Garage Mountaindtle Interested Dealers Are Invited to Write for Information Regarding DeSoto Franchise Snyder't Service Station 509 Plank Road, Altoona United Motor Sales & Service.... 6th Ave. and 2nd St., Juniata S. H. Yon Motor Co Hollidaysburg, Pa. 4-Door Sedan (.3-ivlndovi), $625; Coupe, $590; Ro«d>Ur (.rwnbl4 Mot), $610| Coupe (rumble t*at), $625i Touring, $625i Coa»ertibl» Coup*, $695. All prfcw I. o. b. factory. PLYMOUTH NOW ONE OF THE LOWEST- PRICED CARS IN THE WORLD PLYMOUTH CHKVSttK /W O F O H S O U U C T SOLD BY DE $OT4» L» t. A I I H-»

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