Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 22

uu ijUU-i, -PITTSBURGH POST-GAZETTE) TUESDAY, SEPTEMBER 23, 1930 -22- on 337.087 common share. Nickle Plate Reports LOCAL COMPANY unless it takes In dinary income toward Stock Markets In Other Cities 15 PITTSBURGH EXCHANGE tno year. Last year cr 15.50 a common year Nickel riate hu dividends on its VV heeiln V'' 'r Krle prior lien stock Hi ph. Low. Close.

Ssles. Economy; Bayway and riainfield, N. Yonkers. N. Y.

and Bridgeport, Conn. Products consist of metallic and non-metallic conduits, armored and rubber-covered cables and wires, bare copper wires and rods, condenser tubes, brass and copper wire. The last reported capitalization, of National Electric Products was $5,000,000 authorized 6 per cent preferred stock. $100 par. none outstanding, and 300,000 no par common shares, of which IS3.911 were outstanding.

ntial rate. Since Nickel Plato for August reoorts as follows: 1930. 1929. Aug. gross 5,204,763 Net oper.

Inc. 603.219 1.100,786 Surplus after oharKes 1R2.332 679.3IS mth. gross. 32.004,526 3S. 032.

437 Net oper. inc. 4.178,278 7.4J7.S70 Surplus after charges 863.817 4.690,204 Net income for the ei2ht months ended August 31 is equal to 2.39 si ahnrA nil 360.536 shares of 6 per Par. Bid. Ask.

LONE STAR GAS SHOWSDECLINE Shamrock Oil Ends Ahead; Liberty Dairy Lower. BANKs ri nines for IN COPPER DEAL Phelps Dodge Acquires National Electric Products. Colonial Trust Co fii to aooui Commonwealth ST rust prior nen stock. 121 Fid and Deposit. 166 27 First Natl Bank.

454 105 Mtge Bond T. 15 4ir Park Bank 294 2)i Stand Gss 13 10 Union Trust 64 25 Rico Sugar. 15 65 Md Da pr pf. 53 BONDS. ioo at i ino I 200 100 6C0 1 350 rnnrl will 1 Diamond National Puquesne National First Nat'l at -u enq of 100 4't 166 454 13 29 4 13 64 15 53 101 11)1 I'll 53 4 63 104 160 454 14 4 294 13 64 15 53 101 K'l 534 63 104 Peoples-Pittsburgh 20 I.

West'n Sav A Dep I 50 133 cent preferred, against $9.63 a share flUW Bait City 4s '61. 101 MISCELLANEOUS- I prior lien stock Mckel Plate to show 1 dividend earned for t) r' dividend of $10 a share '1r prior lien stock wouM $3.42 a chare on Nickel 'I' Nickel Plate hold. ir, V' prior lien share." on 337,074 share)) or common in ins like period cf 1929. The Wall Street CHICAGO. CHICAGO, Sept.

22. Reports that Majestic Household Utilities had entered production on its Buchines today despite earlier tumors, caused hears to scurry to cover In the isue. The price pushed ahead to 2l where it was up more than 5 points on the day. Grigshy Gninow, In sympathy with the rise in Majestic, was In good demand above 8. Another Issue to more eeainst the trend in a generally weak market was Chicago City and Connecting preferred which rose more than a point to sell above 12 on moderate volume.

Elsewhere prices were easier. Insull Ctil-ity Investment and Middle West Utilities were heavy tnsull lost about '2 points to sell under 53 Lnited States Radio and Lion Oil likewise ranged lower, the last reaching a new low under 17 In spite of declaration of the regular dividend for this quarter. Sales. Hich. Low.

Close. Ch'e. Journal" pays: "New York. Chicago 40U Cons Gas 44s 50O Newp K5s tl 1iV) Unit Rwys 1st 4s 534 50)(l do 6a '49 63 2000 Md Dairy s. 104 Ft.

Louis Railroad probably will show leas than $3 a share earned Approve Capital Increase. Stockholders of Thelps Dodge Corporation voted yesterday an increase in capital stock to 3.000,000 shares, par $15, from 2,000,000 20 ii" 20 National Electric Products Corporation of Pittsburgh has been acquired by Phelps Dodge Corporation in a deal involving millions of dol DETROIT .1 i I1-! I 4H! I I 9 I .1 1 1 10 .1 50 i .1 50 Am .1 1 I IV I 54i Iff I 105 I 25 i i'i: Aluminum Goods Mfs Am Austin Car Arkansas Nat Gas com Clark Devonian Oil Electric Products Independent Brew do pfd Inter Rustless Iron Jos Home do pfd Leonard Oil 5- shares. They also voted td change the board to not less than nine Liberty Dairy Prod I 21 36 I- Lone Star Gas lars. Acquisition is effected through exchange of common stock. National Electric Products has a capacity of more than 200,000,000 pounds of fabricated copper products and 150.000 tons of steel per year and is regarded as one of the largest users of copper and manufacturer of copper and other metal products for the electrical and building industries in the United am .1 McKinney Mfg com 5o Adams i 6 3 So" Allied Jt't Ind 84 74 84 4 SO Am 134 13s 134 "4 25 Anil'l't pf7.14 1W4 1'4 4 Most attention in the Fittsburgh market yesterday was centered in Lon Star Gas, which fell 2Vi points on 1,790 shares, representing more than average recent activity in this stock.

The movement was entirely sympathetic to the downward trend in the East. In contrast with this decline was the point advance in Shamrock Oil and Gas. Western Public Service fell a quarter on fair activity. The widest change iri the industrials was a point decline in Liberty Dairy Products. Other changes in the list were fractional, with a sprinkling of advances as well as declines.

TRANSACTIONS. 10.fi TO It Peh 18 1(0 L. Star 3S4 5 26W 1 1 37 members nor more than 15. The present number of directors is nine. One of the purposes of the increase in stock is to provide for exchange of Phelps Dodge shares for those of Nichols Copper Company on a share-for-share basis, requiring 222,000 shares if all Nichols stock is exchanged.

Holders of a majority of shares of Nichols Copper Company have signified their intention of mkirg the exchange. 6 6 15 15 13 55 101 101 101 154 '54 11 11 11 84 8H 21 21 21 154 15 15 524 52 4 524 7 7 7 334 33 33 74 74 'Ta 19 19 19 20 20 20 2 2 2 694 fiS'4 684 loo 100 loo 11 114 1144 91 79 79 4 121 Baldwin Rut) B. 13(J do A Ml Cardon I'D) Copeland vt 250 Deisel Wem Gilb 2i Det A Cleve 465 Kxcello Fed Screw 54(1 Motor Bankers 2(H Mich Steel Tube. 10)1 Musk Mtr Spl 310 Parke Davis 3'K) Peerless Ceni 200 Square 250 Silent Automatic. 250 Warner Aircr 57o White Star Ref.

ino Am State Bank. 199 Det Bankers 5( i3 Guardian 7 12 IS 18 Meta Machine I Nat'l- Fire Proof com I Penn-Federal com Petroleum Exploration Pgh Brewing I do pfd Pgh Forcings com I Pgh Screw Bolt Plymouth Oil I Shamrock Oil A Gas I Stand Steel Spring I Union Storage I .1 .1 States. 50 11 I I 1HI ....) 17TI 5 15i 30 25 I 4( i The local company will become a Ati' subsidiary of Thelps Dodge Corpo 33 ration. METAL. MARKKT.

18 1S4 West Pub Ser Wiser Oil Co I 25 Other Necotiations. Phelps Dodge also is reported PHILADELPHIA 25 Austin 4s K5 L. Star Sj1, General Gas Electric Corporation 4l2 and 5 Serial Gold Due August 15, 1930 to 1955 Net earnings for the 12 months ended June 50, lg were over 3 3 bmes annual interest req uirernenr' issue, which crjnatitutes the only funded deb', company. Preferred and common ou' nj ii of July 30, 1930, had an indicated market value of over $135,000,000. PRICES 4V2 Notes to Yield o.05rr 5 Notes to Yield 5.47 to 6 negotiating an agreement with Calu- 25 Austin 4i 100 Pgh Brew 6 30 Austin 41 UNLISTED.

BON PS I Mat. Bid.l Ask. Ind Brew 6s 1055 I I 6 Pgh Brew 6s I 1W9 Pgh McK A Conn Ss 1941 99 100 Unlisted. let and Arizona Mining Company. National Electric Products waa if Pub 1SH 10 Pub built up into a large corporation under the guidance of VV.

Rob- 10 Pub IS5 15 L. Star pfd. .106 80 Pub 10:20 TO T.EW YORK. 22. Lit Copper dull; electrolvtic spot and future.

It He. Iron quiet; So. 2 f. n. t.

Eastern Pennsylvania, 18. 00019.00; Buffalo, 16.00; Alabama. $11 14.00. Tin easy; spot snd nearOy. 9.23; future, S29.Ro.

Lead stesdy; siH.t New York, East St. Louis, 15.35 Zinc o.uiet; East St. Louis spot snd future, 4.23(a.30. Antimony, t7.624J7.75. Quicksilver.

Steel prices per pounds o. b. Pittshunrh Blue snnealed sheets, Galvanized sheets, 3 Black sheets, Steel bars, $1.65 1.7(1. LONDON. Sept.

22. I.T1 Standard copper spot snd future, 13 12s electrolytic, spot. 49; future, 50. Tin, spot, 131 r.s; future, 132 17s d. Lead, spot, 17 13s; future, 17 12s fid.

Zinc, spot, 15 15s; future, 13 17s 6i. 100 I. Star 37 100 Lib Dairy 21 ion, chairman of the board. Rob 100 Star 100 Austin i Koppcn 15 Star rt 10 Knppr 134 inson brought his National Metal Molding Company into a merger to UNLISTED. IC Pub 19 Pub 1SH form the present company in 10 Pub IS Pub 14 100 Pub 1SH 90 Pub ISVi April 1928.

150 Am Bad Sts 14 10 Appsl'rhn Gas loo Art Met 1 9 175 AssoTelTel 4 69 AsTelt't 7 st 234 6(0 tAob Au, $4,113 Hastian RI 314 150 Ilea Cream J4 81 500 Hwidix Avi $2 3 750 Borg Warn $3. 26 10O (Jo pfd 7... 974 5 Brach Sons $2 154 l.Vt Hrl- AW 1 4 151) Burnham pf t3 204 75i Butler S4 2(K Cen 111 94 4 4m C'enlllSlnctl 274 35 CenIHPowpfS7. 894 7(0 CenISerAf 1.75 254 2i 0 4stk 21 1(K pf. 124 68o Chi Corp 114 17D0 do pfd $3..

431 251) Chi Inv Corp. 74 75(1 do pfd $3 374 100 CYel Cab $.1. 264 7750 CS Co6fcstk 2S 5D Club Alum 4 223 Cotnw Kd $8.2814 2i) Cons Mat C. 14 50 do pfd J3.5D 41 31W Cont Ch Corp 154 150tl do pfd 474 1)0 Consum Co 5 2100 Cord Corp 7 1650 Corp Sec Co 21 4 2)) Crane $1.75 40 25 Curt LI 13 5) tliext 134 2551) tEl Househ $2 41 ion Elec Kes Lab. 4 100 Ked El CO 43 100 Gardn Co3 54 300 Gen Thea Inc 3t4 550 tGIC HCrp $2.

274 51 G'tdrhau l' 65 Goldhl $15" 17 75U Grt AirrxC 5 "0 Grt ITedte 27 4 GriR Grun Co 84 50 Hart Car pf $2 1)14 63 $4. 2o 4 At that time, the new corporation 10 Pub 1SS Ex-clearing house. 1C9 Ind Brew pf t't Pgh Brew 25 Ind Brew cm S' 100 Pgh Brew 25 Star SS TO 40 Star 3SW UNLISTED. 10 Pub 18r TO 1:00., 30 Star 3SH UNLISTED. was formed to acquire the business 474 22 214 214 115 115 115 84 8 8 104 104 104 134 124 124 102 102 102 54 54 54 174 27 27 27 184 i4 62 62 62 11 11 11 35 4 33 35 32 32 32 14 14 14 164 1 16 15 154 154 3 3 3 724 "2 "2 l(i4 104 111 334 32 -g 32 4 31 31 31 54 54 54 54 5T, HS 5 5 194 194 '94 4 4 35 4 34 4 354 314 304 30(4 514 M4 514 36 36 36 4 6ft 85 17 14 1fl4 27 27 27 Amer Stores 5S 0 Aiuo Sup 130 Bell Tel pfd 3'K) Budd 200 Budd Wheel 260 Com A do pfd 100 Empire Corp 20O Elide Sec 200 Fire Aesoc 7O0 Ford Ltd Ins Co A 1) 0 Lake Superior Ri Leb Nsv Manf Cas Ins.

2O0 Mitten Bank 2u do pfd 18i) Niag Hud Pow. 3o do war 9O0 Penna Pennroad Phils Flee 21K pfd 2O0 Shr Seal) I'til Corp. ioo Shrev 700 Stand Brands Si Ton Belmont 92O0 17 I 5100 Cnited Corp 500 do pfd T-t ft Pow A. ioo rj a 70O do 364 Cnion Ttact of National Metal Molding, American Copper Products Corporation and British American Metals Com Chatham I'hcnix Corporaiion i IS" pany. National Electric Products I.valwunt sJUmM Ckatkam rVadx Nstismal Baak Trost Caopuf.

100 Pub 1SS 10 Pub Ser lOt Pub 18; 1:00 TO 5:00. TS Star I'? Star Gas 10 Star a-1 PRh owns, through its subsidiaries, a ma SILK MARKET. NEW YORK, Sept. 22. -P Ttaw silk futures closed bsrely steady; ssles 700 hales, September, 2.62; December, March, $2.54.

Open market quotations (60-day basis) Shanghai steam entra $3.10. Canton double A 14-1, $1.80. Japanese crack Rouble extrs. 95 14 14 14 li-4 8S 4 fs'i f.8 4 2.14 234 l'4 1'04 64 314 314 4 81 81 34 ori 24 1 254 2" 1 974 974 1 154 154 ioi 1 2i 204 14 9 94 14 934 44 27 27 f4 25 25 214 214 114 12 1 114 IIS 434 4314 4 74 '4 4 37 37-4 4 26 4 264 274 27H 4 4 279 2814 24 14 14 41 41 4 144 15 434 474 14 5 5 64 7 2o4 4 40 13 131 1S4 134 4J 41 i 43 43 50 N'4 304 304 14 264 24 10 10 2 164 164 4 5 5 27 27 4 74 "4 14 14 45 4 1 4 84 lim 214 214 4 51 f2 1 9" 90 1 24 24 i 21 214 4 4 4 4 144 144- 4 464 16 164 2i4 23 291 39 391 21 21 4 26 27 1 15 15 2il'H 264 1 3 Union Trust Building PrrrSBUBXH Telephone Aivat 0i4'J 3S4 IS jority of stock of Habrlshaw Cable and Wire Corporation. Plants are operated here and at ODD LOT QtOTATIONS.

WANTED. I Hth St 1 50 A Grow pfd SI 1 Haz'd AT.31C 4f Koppers pfd. ..110 2 Devonian Oil 9 50 Glass 4 5 Alum IS 40 Koppem .101 10 4 I 3 Petrol 28 3 Allegh Tut-345 50 Fireproof 37 IC Alum 18 10 Un Eng 37 5 Exch Nat Bk 77 ISO Penn Fed com 3 fiO Har com. 50 125 Jos Home cm. S4H 200 Ph'i Oil com 40 Allegh 4H ft Har pfd.

.110 41 Har 50i 2 Std' Steel Spr 34 Pgh Steel Fdy 25 OFFERED. 15 Petrol Expl ..30 i 25 Ruud Mfg 30 72 Wiser Oil 17V, 5 Allegh 10 Plymouth Oil. 21i 25 A Growers. 18 10 Nat Erie 23 50 Donahoes ISVi SOU 4 4" Electric Prod. 20 27 Fol Bros pfd.

SS I Pgh Whse. 17 35 Nat Erie 23 Ph'x Oil com .55 30 Star S. 10 Pgh A 18 1C Star 3S 20 Devonian Oil R'A 2:00 TO 50 li Star SS'-i ino Star 3KH 50 Star 3S ICO Sham Oil li1! 300 Star 37 1TO Sham Oil IS 19 Star IOC Sham Oil 17 ICO Star 37 25 Sham Oil 17 KO Star 37 SOO Ark Gas pfd 10 Star SS IK 13 in Star 37'i 5C 13 100 Star STH. HDL 13 13 IS IS 2 Star 100 Clark. S'ar 37 10 Pirti SAB 100 Star 37 100 Pgh SAB Market Averages SUMMARY FOR THE DAY.

Stsndsrd Statistics Co. 1930 Hi eh. Low Copyright, Stocks and Dividends. STOCKS. 7 91 Total lfli! 2 164.6 168 3 2oo H.nidH $1.2) 84 25 DINori" pf 95" Inlandr S1.7K 22 Insull Ctil 6 55 1HJ do 2nd pf $6 9o Iim) Ir.inFire $1 244 I11) vKatzDrucs 2 214 KelloK? Switch 5 700 144 5 LinPr pf 464 21o Lii-n Oil Ref $2 17 4 Majestic Hons 24 in) Manh-ar Cp 21)', 5 )l Marsh-P $2 5D W.

1) MoGraw Kl 2 21 5 0 A $1.50 27 50-) Mikelberry I'l'r 154 1 4 Am Austin Car Arkansas Gas pfd 60c 121 Clark $1.25 7v Devonian Oil 60c 1 Ind Brew li do pfd Koppers pfd $6 20 Liberty Dairv 34 Lone Star Gas $1 104H "do Pfd $6 50 IS Pitts Screw Bolt $1.40.. 13 Shamrock Oil Gas IS1 Yestern Pub Ser 19 i 144 4H 5 32 110 23 33 249 2 Shares Low Last Chancre 10 41,. 41 4 4 500 77 T7 7T 4- SfiO 13 13 13 0 20 S14 8 14 S4- A 25 3 31, 31 4- 1, 100 4 47., 47, 30 iniV, idii, inilj 4-1, 100 21 21 21 1 irso as1, ssi 3v; li 106 106 0 240 IS IS 15 0 352 17 15i 17 J-l 940 19 ISV3 IS 4625 5) 2 India Rrs Sept. 22 16 3 118 4 PreT. ds 119.7 Week affo lf-5 121.0 Month axo 1K2 7 117 2 Year 243.9 1610 2 years 1S3.1 124.0 3 years kir.

140 4 121.6 ir.O'o... 2i2 4 141.6 Low (1930). 140 6 114 High 167 8 Low (120... 14(3 117 7 131 2'5 8 154. 253.5 1403 16." Mid WVtil 274 SO Its 2V2.2 219 5 223.1 21.8 1 164 3 125 5 2S1 3 2(i47 353.1 156.6 10 Its lOl.l 3 101 1 99.3 99.

9 1D1.4 97 8 99 8 9 0 BONKS. do 6T. pf 4to do warr 3 24 24 4 30 Unlisted; e-Extras. 10 Total 101.7 Sept. 22 INVESTMENT TRUSTS CRUDE OIL PRICES 101.9 101.6 Prev.

day Week Month 101.1 96.5 Tear ajo Lid I Ask. lo Ind Is M.i 94 I 93.9 tl 6 95.2 5 yi 9 95 3 l.4 99 9 Rrs 19.4 1K9.4 119 1 105.2 i'a tt-W 4 5 Vifl loo 8 2 years 3 years The following are prlc paid for crude oil by the purchasing agencies: Bradford and Allegheny crude by Tidewater $2 fia Pennsylvania grade oil In National 4 14-Ti 2S IV, 91 1 9 1 94 JS 22Vj 2Vi 12 1 24 2V 26'i 4 4fl 34 15') do warr 4 4 3i MidXatG $120 14 144 3') Miilll nited bo 254 24 15) do 14 14 15 Midrei r' $fi 111 B1 15 pf A Hi 9" 0 MilH pf $3 5" 24 27 looM'ssVall til 9 94 Fipel. l'4 17 I', 224 22 Wi Morran 12 l' 25 SatBatCo 2.. 26 24 S50 VatF.lP Al 8) 27 2 NtSeelnv Co. 124 124 50 NatStRnd $3.

284 2S4 NatrnRid Cp. 4 4 poo 3 50 48 3i i Am Carli 36 354 wkly Hieh 101 5 101.8 95 4 99 9 96 3 Transit Company Lines .30 Low (19310... Pennsylvania grade o1 in Bureka Pipe Hich Line Company lines Z.lb Low Pennsylvania grade dil In South West averages.) Pennsylvania Pipe lines X. 2s 30 active industrisls .222 78 off 7.07 points Pennsylvania grade oil In Buraeye Pipe 20 active railroads ...128.55 off 120 points Line Company lines 1.90 20 active utilities 61.39 ff 2.74 points Corning 25e grade oil In Buckeye Pipe 2 43 43 43 15 Nthw Ct pf $7 95 95 95 Line Company lins 1.60 dliv, It 1'isi 214 I WeiKht Scatt of colli at d'JWIlt I lower 1 tiigcour Urn ii a. iUy.

th 1 9 iUh Into se auppor tiona ab! to AK)l from I iml-ni thct SO lwt 1 mi. marl Cm) 1 DM in lotr DeVni' oil an I co IT. eartii.Hi rjhrJ. I i 1 Somerset 011 in uumDertana fir L.ine TIRPENTINF. ROMS.

1(K) iPinesWint $1 24 24 24 24 KK PolvMfCo 5 5 5 4 Company lines I.3C SAVANNAH, Sept. 22. (-P) Turpentine Somerset oil In Eureka Pipe Line Com ioo p.tter Co 7 7 7 3 firm. 38Sc; sales. 1,024 casks; receipts.

pany lines 114 East Wayne oil In Cumberland 1.17 13 Pu Sv 124 1264 1214 casks; shipments, 51" casks; stock, 21.4S7 28 2 do no 26 5rt casks K'win ttrm; sales, 2S3 barrels; re Ragiand ceipts, 1.353 barrels; shipments. 3,273 bar Cumberland. Barren and one roe counties (Ky.) Paragon Development Com pany 1.50 rels: stock. 154.147 barrels. Quote: P.

E. 4 55: G. H. I. $4.5584 65; K.

M. f4 N. $4 95 i.W; WG, 5 60: WW t1 5fi7j fl lt Oil In lines cf the Stoll Oil Refining Am 4 Cont Corp 16 IS Am Gen Secur 15 do 314! do pfd I 44 1 Am Brit Cor.t 62 I 70 Am Tt Shrs Si 9S Am I11S Stix-ks 13 i 154 Am Vtil Gen A 15 (IS do allot ctfs I 34 I Asso stajid Shares lii AH Sec pfd I 42 1 48 d. ar Atl Pac rum 2 4 do Int units 19 So pfd war 17 21 Bnker Xt Inv 26 29 Banscilla Corp 14 16 Basic lwlosrry Shares 7s! 8Sg Type Invest gi Chain A Geo Equities 3 6 do pfd I I Chain Store Invest 1 I 3 do pfd I 65 I Chartered Invest 1 23Ji do pfd 1 7941 SI Chelsea Exchange A I 4 1 do I Corporate Trust Shares "4 Crum Foster Ins 52 I 56 do pfd do I 52 I 56 do pfd 1 Deposited Bank Share Ser 11 do I 9Si 1 Divrs'tied Trustee Share 22V 234 do I 164i 184 7r)i e4 Federated Cap I 9 11 do pfd 1 154! 174 First Amer Corp Si 9 Fued Trt Shares A 14; do 163,1 General Equity A I 6 7 Grans Trale 1 19 I Guardian Invest I 20 I 23 do ptd ia dt, ww I 22 1 26 Company in Oil City. Ky I Western Kentucky 1.55 Lima 1.S5 Illinois l.SS Indiana 1.3! Dividend Notice Princeton l.5 We.

rater l.7f Petrolia. Canada 1.93 Plymouth 1.23 THE THIRD NATIONAL BANK OF PITTSBURGH. PA. Waterloo l.2i OIL CITT, Sept. 22 J.P Credit Pal The Board of Directors of this bsnk has this day declared the regular Quar On January 1930, there were outstanding 884,000 CORPORATE TRUST SHARES.

On September 3, 1930, there were outstanding more than 8,000,000 CORPORATE TRUST SHARES. The sale of more than 7,000,000 SHARES IN EIGHT MONTHS is all the more remarkable in view of the fact that gelling in the eastern states was actively under way for less than six months of this period. On June 30, 1930, there was distributed against the 79,437 CERTIFICATES outstanding on that date, the sum of $7,537,945.78. Notwithstanding the distribution of this sum, the Trustee now holds in the Cash Reserve Fund for stabilizing future distributions snce J2 30. Kuns.

4n9 barrels; sversee terly dividend of one nd one-half runs. 40.915 barrels. Shipments. 75,125 bar m) per cent on-the capital stock rels; averaze shipments, 54.194 barrels. payable October 1.

1930. to stockholders of record September 2. 1930. Checks 15 2on 1) RrdShrsSec 5' 5 SSj I'd Eel Mfg 50. 8 8 8 50 tRyer.J $2...

Sl 3" Si'1-- 5) Saxet Co 17'tb i'H JTs SO Seab PS cv pf. 47 47 47 Seah til 5c. 57s 5 lo) Gss, lf 22, 22'-4 15SWGAK pf.17 PK' 23 SW L4P pf 7 P3'-s 93 J3 50 StdDrdsje. .60 14 14 14 30 Steinile 1H 1 1 ioo Stone HO 3 3 3 25 Storkline 13S 13S 5" Snp Maid. 1 10 1 '-2 2W Swift ic Co.

$2 2i 29 ll' Swiftlnt, 2.50 33 33 33 li) Tinie-O Stat. 12 23 23 23 1 15) Trans 11', 11 lUs-f- IV) 31 Twine St Gas V2 V2 150 I'D Print. 1.2l 13 12 13 s4 700 (iyp.fi. 60 43 42'i 4214 2) Ra-iio 25' 21V 22 5 3S f) Utah Radio 5', 'M 5- soo ttil Ind 13 12 700 do pfd. 1 50 22 22 22, 3M) Ctil TAL.

fl. 1M 17i 17 300 do A. 2 35i o- ht 35i 1 5) Vnrclone pt pfd. 5 5 5 2 ioo Wis Bank Shr. 74 714 71 450 Zenith 6 6't BONKS (f-ales in 3) lnsnl I'til 6s 1 Swift 59 '44 l'fl 1 Pub Stc 62.107, ID'S IS 2 So Bs '44.

8 14 1 tn Pu Ct 6s '47. 92', 92 Sales today. 212.6"" t.hres: sales will be mailed. W. W.

HAMILTON, Cashier. THE COLON-HL TRUST COMPANY, PITTSBURGH. PA. September 22. 1930.

COTTON MARKET. By Special Leased Wire to Post-Gazette. Copyright, hy Consolidated Press. XEW YORK. Sept.

22. The ootton mar CORPORATE TRUST SHARES represent an ownership interest in these 28 eomptniet. TheCheNitionl Bsnk of the City of New York Trust RAILROADS Atchison, Top. Sant 1'Jinoii Central Louiiville Nnhvil'd New York Central Pennsylvania Railroad Southern Pacific Union Pacific OILS Standard Oil of California Standard Oil of Indiana Standard Oil (New Jersey) Standard Oil of New Yrk Texas Corporation UTILITIES and QUASI-UTILITIES American Tel. Tel.

Consolidated Gal of N. Y. General Electric Westinghouie Electric Weitern Union Telegraph INDUSTRIALS American Tobacco Amer. Rad. Stand.

Sin. "du Pont Eastman Kodak Ingertoll Rand InternationaJ Harvetter National Biieuit Otis Delator United Fruit United Statet Steel WoolwortI MOODY'S COMPOSITE PORTFOLIO RATING'A" ket was arain under heavier pressure from The Board of Directors of this com- 1 panv has declared a quarterly dividend of three per cent (3) on the capital stok of this company, payable October 1. 1930. to stockholders of "record at the close of business September 28. Checks producing sections today and with a weak stock market and tw low records for the year In ruhber, silk, surzar, snd March wheat in Chicago, prices on the New Tork exchanee broke into new low ground for the season.

win np niaiied. GEORGE A. YOUNG, "Treasurer. As compared with IO.iiSc. the previous low record.

lecember contracts touched lf.sSc and the whole list closed st the hot DIVIDEND NOTICE. Tanners and Mechanics Bank, Sharpshnrs. Penna. September 17. 1930.

torn at tne low em closing of the year. Spots were reduced 10 points to IB 75c Weather over Sunday proved the most 911 LL'KND The Board i.f Directors of I favorable in over a week snd, with very this Bsnk hss this dar declared the reg ular quarterly dividend of five .51 per cent Gude Winmill Trad I 35 I 4T) Incorporsted Equities 2) 24 Incorporated Investor 494; 32 Independent Trust 6 Int Secur 4m A I 4 do I 10 I do 6s pfd I S54! do 64s pfd I 934 i Investment Co of am 36 do pfd I 90 I 95 Invest Trust Asso 24 26 Invest Trust 151 do See Corp pfd -j ill Investors Equities I 2141 Investors Trust Shares 15 17 lnvestmtnt Tr 1st of 9Si Jarkst-n Curtis Inv Asso 49; 51 7, do Sec Corp pfd 99 jH'l Leaders of Industry 10! 114 Matw lnvestrs Trust 44l 434 little moisture in any part of the belt, planters in eastern districts found conditions much mre favorable for harvesnins. out of the earnings of this quarter, payable on September 3ith to Stockholders of record 55.32a.4oo: sales year ajo, sales 1929. 51.653.eo'.. Ex-dividend rPys extra dividend.

lEx-risrhts. trays stock dividend also, fl'iys dividend in stock. s-Dividend not yet announced. "Pays stck snd cash. I he one bripht spot in the situation September 22nd.

Books will not close: cnecKs win oe appeared to be a decidedly more optimistic tone in the textile trade. According- to Mm 1 G. WOERNER, Cashier. 119 MORE THAN Hieh. Low.

Close. Sale advices from several points, sales of prints and sheeti nits toward the close of the week were the largest since last Lecemher. One Prominent Wnie mtm thai Hif rihntinn in September 18tb, 1930. DIVIDEND NO. 170.

DIVIDEND NOTICE. $4,000,000. BOSTON. 146 Am Founders the past four weeks has averaged more CITY DEPOSIT BANK AND TRUST Maj'ir Shares Corp I 74 I'll-rsKI KUH. PA.

The Hoard of Directors has thia dav de 57 Mohawk Invest 59 4 clared a quarterly dividend of two per cent 8 I 2 I i-foi on tne capital stock this Bsnk. 9S 4 4) 11 55 IS 191 V5, 9'S 11" 78 5o Am Pneu Svc do 1 pfd 148 Amoskeeg 47m Andes I'ete 85) Ariz C'Hnl 7 KostftAIIany 95 Bost Klv 1st pf. 1 do 2nd pf 37 pr pf psvahle October 1. to stockholders of Holders of Corporate Trust Shares receive all of the interest earnings allowed on this huge sum. "if This figurt does not include duplication resulting from repurchases and resales but refers only to shares actually outstanding.

94 2 94 S4 3 8 hra recorn nepiemoet rtd. I.i". "tMirr hecks wilt be mailed. W. RICHARDS.

Cashier. Mntoal lETest Trust A Mutual Manage Nationwide Secur Nat Industrial Shares A North South Am Corp North Aui Trust Shares Nor Securities Old Colony In Trust Old Coldny Trust Aura Oil Shares lnc units 1 i "41 than 26 per cent above full production and averaged 8boit per cent more than the preent reduced output. Percales were advanced half a cent and many makes of tray goods were advanced an eighth under sales estimated to exceed pieces between Friday noon and the close Saturday. The Impression is becoming more general that textile markets are on a sounder basis that at any time during the past year and low prices for raw material are likely to increase distribution rather than otherwise The census bureau will issue a ginning report tomorrow which will compare with l.VTK.CfO bales ginned to September 1 and s.3:c!,0)0 to September lg last year. Gins 9S 4 41 10! 5" 1 191 1 5 9( 1'9 78 75 8S 8 10 IS 96 23 267 2 (132 .1 SS4, 4114 .1 H4' 124 FARMERS DEPOSIT NATIONAL BANK.

PITTSBURGH. PA. September 15, 1930. QUARTERLY DIVIDEND. 75 8 8 10 IS 96 2) do A stpd 15 Brown Co pf 2)m Cipper Kanse 17iv Credit Alliance li) CrownCork lot C.

1(0 East Butte 70 Kant Gftr lis) East Uass 1st pf. The Directors of this hank hive this rtv if declared a Dividend of One and One-half INVESTMENT HOUSES AND BANKS OFFER AND RECOMMEND CORPORATE TRUST SHARES 853 9S 4 40 K'H 5" IS 191 105 9" im 7S T5S 8S 8 10 IS 96 2S 23 267 53 42 9 TS 95 4 145 IS 141 percentuui (1141 un the Canital Stock, out of the earnings of the current quarter, to Pete Trading A 2V 25 Pjh Bond Share 41 43 Pow fc Lijrht Sec Trust 51 53 Pow Kail Trustee Shares. 12V 1314 Pub Bernce Trust Shares fj 8 Sue Corp Gen pld ri(3 1 Second lqt Secur Corp A 21V9I 4o I 6 I 20 siocknoioers or record at the close of busi ness September 30. 9M. Checks will be lurm-o out during the last period manen.

e-awm snO MM tm-n vaM a r.n 53 87 8 24S 172 Edison 268 20 First Nat 53S 8) Gen Capitol Corp. 42 25 Hathaway Bak pf 1C2S Jiccoroing to the American crop service, H. E. BOYLE, Cashier. ASK YOUR (iT 42 do 6 1st ptd I 43V, Selected Arm Shares 6 INVESTMENT HOUSE OR BANK about Corporate Trust Shares WUKKINGM ANS SAVINGS BANE.

AJD rs Ior tn oenod are estimated xt z.m.m, bringing the total to hch would be about per cent of the crop estimate. 2 a t. IHUST COMPANY, Pittsburgh. Pa. SeDtemher 8.

19.11). .70 19 21 33! 3514 9 I 9', 8 11 i-ort receipts today totaled Shawmot Bank Spencer Traak Fond Inc Stand Amer Trust Shares Stand Oil Trust Sharea State Street In rest Corp bales. Dividend The director nf thu K.nb- I uien. High. 10.78 oeciareo tne regular quarterly dividend of ttftevn (15) ner cent 9 93 4 145 87 I 1oo Keweenaw 75 LaSslle 2" l.oews 17') Mass Ctil Assn.

5 Meryenthsler 51 Nat Svc 75 ft 31 0 North Butte 8 Old Colony ''4 li, .70 9 7S 95 4 145 IS 141 Oct. old Oct. new lc. old Dec. new ten, her So.

to stockholders of record 10.77 11 10 97 tvptember 23, isso. Checks will be uiailed. Close. 107f 10.70 lS KM H.95 1 So tOSS lu.M II to At 119a 10.115 11-12 11. K(j U.H 111 11.31 IS Jan.

old li. 10.78 11 (2 1(1. 11.19 11.07 11.16 11.42 11. H. BRUGGEMAN.

Treasurer. -r, MS 141 15" l-ac Mills 22 13 Penna 72S Ian. new 1) 07 Mar 11 24 May 11.44, July (1 a 71 THE KEYSTONE NATIONAL BANK OE PITTSBURGH September 15, 1930. 8. W.

Straos Invest units a() 54 Sopw Corp Ami Tr Shrs Svil US do I Trost Shares of Am I Trustee stand OU Shares J1: do I 9 i Vth Century Fued Trust Shrs. -1 8 I rnit Ins Trust Shrs I 17 TJnlt I Bit Trust Shrs 17J," 19 8 British Int Co Ltd 15 1 do I I i S3 pfd I 43V TT nc 1J Pow Shrs A. 37 i 25 I'ub Ctil Hld 16 11.4. 11 16 12 1.8 NEW ORLEANS. Seot.

-2-1 ROSS Eastern Syniiccu Managers 120 Wall Street, New York SAN FRANCISCO SALT LAKE CITY LOS ANGELES This is one of group of investment trusts sponsored bj ADMINISTRATIVE AND RESEARCH CORPORATION Cotton ur 15 DlvlDfcND The Board of Directors of this bank has this day declared a quarterly dividend of four per centum un the rapitsl stock of this bank, navahle October 1st. 42 1. 1 I' 23' to stockholders of record st the close of business September 3(tb. Checks will be 15S I 60S do 10i iiuures ci.wed steady at net decline of 11 15 points. January.

10.93c bid. March U.12r. May. 11 2911 31c; July, U.45iei' 11.4Hc. Octolier, 10 i5c; December.

10 l((8oc. LIVERPOOL. Sept. 22. Cotton, spot in moderate demand; prices steady; American strict gd aiiddlina, 7.1od; jtood niid-dlinx, 6.75d: strict middling, 6 4d; middling, 6.2"d; strict low middling.

low mid- ma nen GEO. 8LEKERT. Cashier. ID I 11 .1 171 1 21S 71 16 12 118 15S 42 23 -15S 5S 31 46 '1 76 8 4 91 45 35 4 38 115H 31 46 76 .1 15SI lrs P1COPI.ES-PITTSBURGH TRUST CO. Ml.

TJ 8 Shares A. do 8 io do do Tosemite Holdicj Pittsbuigb, Pa-. Sept. 11. 1930.

K'SI DiviiJt.NliThe Honrd of Diwtora 8S Ju 'IB, llie I 9 iVil nuig, 3.410: strict good ordinary, 4.7(d; uin iuminj na this day declared a dtvl- (i lii aena or four ner cent t4) on the cspitsl gooo ordinary, Sales, 5,000 bales, 122 4 A5 stocK. payable Oct. 1. 193(. to stockholders including Z.SOO bales American.

Beceipta, one. Futures closed en let. October, 53d; owa at me cioee of business Sept. 1J, 91 145 guiucy 12S 45 Railway Sees (48 4IK 8bawiuut An 16 2o Sullivan Much 42 10 Union Twist 23 2IO Cni Founders 15S 55 Cni Shue VS 7 do pfd 81 5 Smellers 4 10 Si Klnc Pw US if) rtil laity 7i, 95 I til HrdroARR 10 122 30 Venx Mex 4 40 Walthsm Wst 65 10 do pr pf 9H4 9 Warren Bros 45 BONDS. 15 mo East Mass 35S 8ffN do 5s 38 3000 Pocahontas 7s 115S CLEVELAND.

Cleveland CliUs Ir pf. 94 National Tile 11 Ohio Brass 09 Paragon 14t Richiuan Bros 75 Seiberling Rub Sherwin Wins 77 BALTIMORE. December, s.Wid; January, 5.95d; March In 4. i We Offer and Recommend Checks will rf mailed J. BOYD M'KOWN, Treasurer.

05d; May, Jalj, 6.2:d; Octolr, -3ZO. 45 33S 88 115S DKIKD FBCII AND HOPS. NEW YORK, Sept. 22 (J Evaporated apples stesdy; choice, llQllVjc; fancy, 12 46 13c. Baislns stead; California, 4'44 DRY" COTltlMSEED OIL.

jYTW YORK, Sept. 22. UV Th eotton-eed oil market was fairly s.cti today with aa easier tone, closing at tie lowest and from 10 to 20 points net lower oa tbs old ocBtracts and 5 to 18 points tower 00 the mm. Commission house liquidatioa in October, dn to easiness la other markets, was absorbed by refiners. The latter sold March against erode oil purchases Tallow was fee lower oa sales of pounds at 64c.

Sales were 12,450 barrels. Including 4.200 barrels in old contracts and 8.254) barrels to new. Prime crude, 6.37 prim ammer yellow old: Spt, 7.75; September, October sad December closed 7.7uc: New: December, 35c; January. 7 42c; March, 8Hc; Oregon, 6 ft "lie. Apricota steady; 94 11 (19 75 94 11 68 14 75 77 Corporate Trust Shares Priced at Market, About VA Per Share Graham, Parsons Co.

Ginger Ale, Incorporated A DeUwere Corporatioa Dividend Notice At the meetinsr of the Board of Directors of Canada Dry Ginger Ale. held September IX, 1930. a regular qS.rterly dividend of one dollar and 25 cents (11.25) standard, S'tc; llgll'c; extra choice, 13' ft 14c Peaihes quiet; standard. 8me9c: choice, (XfiBc; extra choice, lost ID'-aC Raisins steady; loose Muscates, 4S SJ6c: choice to fancy seeded, 6'i(g''4c; seedless, 5(6 5 Sr. H.ps steady; state 1929.

lDfal'lc; 1928. Boiuinal. Pacinc coast i6fiiBe; 1928, 14615c. (OLOslAL TRtST DlVIOEMI. The Colonial Trust Company yesterday declared a quatrerly dividend of 3 per share, payable October 1 to stockholders of record at if 1 VISIBI.K SIM-L, Ul OKIN.

1 spt. ibe visible sopply of American grain snows the follow. 1422 WALNUT STREET PHILADELPHIA 375 UNION TRUST BUILDING- 34" Appalachian Corp 3 3 3 S-i Aruudel Oorpo 43 43 43 Bait Trust 86 S6S 3 ID Black A Decker. 25 25 25S 30 do pfd 26 26 26 10 Tel pfd. 26 26 26 58 OCred6spfww 94 84 94 10 GolB 5 pfd.

l'4 104 Or' 4 8 WALL STREET NEW YORK -PITTSBURGH 19S0, to stockholders of record arthTdii of business October 1. 1930. R. W. SNOW, SeertUr.

tnaehasa, la baaheta: Wheat increased yased. tooeasad. 1 II.