Variety (Aug 1931)

10 VARIETY I c 1^ il k^^ ;Tiicstluy> August 4^ 1931 > Tli.t-. 'ip of- yiri.-vi).l- otf^n-thflcp iii nn:;i)arts,.(>f -.the Ti.st, tVi}.' iinn>s('m('nt; Aitoi^^^ -;-vy<^l!; -^Ylirisit '.■^if-Vt^iv^'- active-: js^U wit l.ij H ■■iii , filficli onof• it.f? ton < •> 9. rw-(;n t ail v<>TU'f:; : ■■jji t. i t s • liest, or. 4 • ..iL(ii.('\v-Ji \\'-a!»; \v''i(jiin. j^ss- .tti/ii^ ■ i)oi'nt. iof -liu^..,t;('s't^prjo^o '"toy ; tti.b' sunir /ai('ii-^-., v'';^ \:;^; ■ ;:':.v:>- ■■ •■■ : ' ■^ jin;/he"ja>h^;ai'iiif iijAir sc>ni(J,;^iif!i^tljo.- c.'iinv--to t li c ;p.aT)'(?; :wi 11 i ■ minor im.T- lirvvviiionts,' .Anvcrioaii: .Can' jbe tt.ievop.ly. io.Voiiig ..igff^^^ •. xriiiiiis' brgn'.'• ■:v'.-v.■ ■ ■ .. it -.scemeti-^^l^^^ p]ain.' UVat/'t^^^^^^ ■ i;aiiis'..werc';. .s<;oi'tri!a^ ')ot:ih(>' slvort's^anci■;U acenicd jMroljv 'abieV.thrtt: theV. .a,;mbme.ntaivy..a ojps.a;: trnii'!;i-'oUtsi<Ip;, shpvt •lirii^i thercf -Wa's any-•cttn- covering: siOoraibio; .Vtltreat,^ ■ is^: i(ipu;W£ui;^;^waii:;fe^^ :'vprtoil '^to^ ■AH-icxtf^Tli^vly. 'fcioarl?)!•al> ;^1 jtuae^ ; aiid-' itv: Js ::;\vi(Vi^iy !.,b6ueytfl^^ trqVn . . the prpscni: Igpstwc < a^ ■ Ihe:' aniatc-i^i''! ■.bears,. prifies. AvjU •Ifrp . JOAVo.r fpr .thb. npxt ;t'\^^ woeKsiiVSv'hen' .the: bldVlows . NVl^ aiiy 'ic^frcl ,,appvoxImatijie^^^".^^^^^ : ipijht ; boIt:ptnf^ an atlviiri.c«. ■6ughi/t - fitavt -abioijit* tfic n^ifltllc'. of' the -montJv. . t'6 disQbunt 'failj .. in .t-lio' (ipiriioj-i .bf . Street ob^cr.vQrg;; ; ^ "Whcftiier- that/ ievol' i\vilV • fjio' rii itl^ Jun.e .Wa.cti.ow .br -tJ .•■or-'JuheV2>. V'einainw-^ Mbn. . ] ?■• ■. ■ Jf'faiturcs. bf^ tJVe. .{ct'ciiiP., yestbrclay . •wei'©' fiu'.th,ei- ^inYprpv.eni.c'n.t. in 'tlip Bfenibr-Uniyeirsal stock .'to; 57, iaiida :Bpurt' in teastm Kp<lak< >y.liore. a bear' e■»■p^v(1 iouncV :itself 'ciUKh't; -a jijj^ .:\a' r<ivivai.'oif bulllfiji .activity in W^-irr- . ■ iior-^ BrpSv;' ■'..[■> .'■'.'['■■■' 7V-m ony■ • th e. bpn0 s, Vtiy nerai-■■Theji r t T^ '.. as; • w.e alv •; : a ml l • \Varn eiv -fl o - ' Uenliire.s-'jtotnW^^^^^ .'■',/. .' ^ . ■. ' /■'■'■■i- '- 'y'' ■^}>!^^:--^!^^\'^>^^'/:'^^' ■■ -.i^ast' \vpt-k . \vap'a poVIC'ii 61 *>pcr(.'ial ^'p^rc'S^.s/.■^yhat■ with ■tlio- bArt, news^froin lh<B atcvPlv. .epiivpaiiies ..a' hew - b'ltC'h 6f .pp6l^,K!i>o(l.Il<l.qual•tt'^,^. irji-bnie jH>ii(.irts.-. -l^IC'V.C'rtliPless:. llio an'ittso-. .mC'tit ktucvkV nXorte ;ijf!i-h;\.p"i.s' '.tlii; -^K'SI •.fiT>T'(''Vi"a''^<'e hv .a. Cv(inil(';_6f ni.OniJ.is .iTrih^rinj^ if(.>i-lh.;n -:rt\^^^ oC. tiio.. old ■ j<lo;i ;t liivt ■ ioyv.; pVif-^il, c.-n.f oiUti.i.iiiTiiciit fai'o.s .boiirV ' ihix n •iRpnVn-aj.bVisinf'.,«M '■.in, limes .<it do))i;(''S>:io'nx - . .^\Vj;liv; ..liig.li; -^'ra.de ', ij\Oiisti;i.al.s. lirefi !si nn'jx.vt'\\ ml., slia rpl y."•al i ?i rc ili n();; ■ .l>vie\v\s sroVoiV:a pain (if 'n(-ar')y-.thr(';(> . pi lint s. cii-1 )i e. u-.c-ekwiiiie ,'t Vie;- (■it:her ■■ sicii-v'C' tiy(VV.i r(^.' sitar(^s ainvVst -wlit li^ : :»!.\f-ci)W(iii sbow.C'.d: . wtH'iv-oncV ta'in.s (it f^•:l('t!^'h!r.■■ ^ ■ ■ ' ■." ■' .-' ... K(}t .: !•( Kl^i■t^ (vf ; f^ix<lf^^^ ^ ^ a s ;>.. iL'f li I \. (> r Il ea lil y l>.'. pp i n'tf=: in J li UA'in'.('>:utp (tf - 0" 'issiif^-^ . aind a /.tittal, .. ■.<U-clliK'' (.if'.abdul.. 4; jjiiitit.s fyr. ei'jiUt . ; <;t li("i-f5,. t!i.e 'piVi) vk' 11'eiiI k vawt)y; in<ii'.O' : i'iiM)(ji'"taii'V'iha^' jllie^-U^^^ jjvoriwis . wdf!.. '' ■ ari(l -' .-I'la'i'a uV<'ii n \-. :■ .' - wliilc T'Vx.- a.(h"aii(-(;(T .';k: net fiiVd'i!K( !■ - in(ii.vcd ;\ip;. a. sl'iade. -^(ilve than balf- ■■ :t)i(> l.(it-;)i'i .l(iVs' .vyas .i^ii. tl.ie ' p^ ■ (H'l:. ii u"(>.in . ;]0afjt 1 Ji!in k (.i(l;i!<,. a. ' ui d<* . iswie (vf tlir- 'aniu.--('iM('.nl .pnlni): niili. ■ ',: a .;>t(;(-'k-..l--iilije to. v.id.lvu't l.Uii'(i')a -.; tSPiis. (iit..t:(?';.luil(:ii;l-pr(?|iiT<1j!, ■■v--;.''./V ;,. .-■ (.'ini';. lii.'iii^'r-j'fiLro. .l;uin|Hj;itioii' '.inadc • ' ;'.h'\.II'O'f'.t ■ <'T'' i.h<-:' j'H'ini'c ■ • M'iiM'i'''"Ml'*>';'''>' a'. ■ .■H(-(!i;('' '(>C;- ■-i hi-- iV^ tradirii,': ■. '.TiiiM! iviHIS-.(Vri ■!) iy] ;lvii,r lia i\ir<:.. <H nivi iar- -. i'np •prit^ris -{is''. (.:c.;-,J'iiiu!' -.S.lii.'iiniV.Jtriy- ' ■ 3(1,.;. Ii(.'>^^^^^' iit^iTOiirti'-i.M riih '■. . 'n.S' h.iplv :a«'! r.(v.' piiiiHs: '■iinil'. t.ndy' ii. ■ ■,;':seVf.'Ct';'l'''0. .(Nr--.'j-s^^^ -riot. . . .♦sains. .■.a-nKinp ^ • "i'lu''..■' ixa^i< r'■ ..'. jtJiijjj..' ■:■ L(iew>r,-. irp. lu^'iriy: i iHiintV. fifr. tiix'. ■ jX-rlpd/ • . ':: ■ ■ ■ '■ ,;. ■ .: ..The..- saiive ...iftuatiim. jvas - n.-^)(led ■ ^iTnwng t lie lUtjiMp;. ■■. The. i n'ti'- .l7';jr;r:: ■ • moithi .(k-si:ri:nti(y7j.<^,-iiajii("(f'-^ (<.>t?.il,' <.'f ■ aUont .<i',A\rhil(;v!AVjirn(;'i> i Vr(i.«..-(l<-.li(;ji'/. .t nxoH ■ '.w-i'vi''. . lip-,- .vjnrii'o 'A ban; T Xx- Tln'ee':.Ji(ind.4-.'islui\v ji('t-.'TossV : l\tthfc,/o(ir .<l>v (oi;.'iii;tillt "takiniLrr ^lii:^ ' <>l(Kl<(.MVt]i..is.vn(^;(ro\vh '2'(ih ni-pljiiililf- ; (leulihp.s ;i|)tr;f4e»jf-rar. Tb(;a(i-e'.'()'\!^ .('|■rt; i.■ jnoi'if .to -vS'jti.'-Ui ';u).,;'ii.'f'rjiap5 air--' ;. irfji(.-r,. ..<.tWi vv..-.Ji 1'fli0 Vtvi "dV • p(,iiniin^f .. ;t() -a^ fi'cijniir (;'iv. >ihiy-r\t.ainfy;^i(Vvi-i''. /. ;<!(.intihvian<;<; :(if 'tire- Kii;; ■ Jvi^-nj '^diy.- ;; ■ id<Jid 'fi t 11 i (V iMI iTf ri C. i^}I iV ■.pr VJt\ • y' • ;y<"ar,-.-' ■■■: !^.>^ >■ 'A-'''. ;' .' ■ ■ A.p.(jraisin'g -Stpcks A.t\e;.vy. ;; ■ ■. Tjiip V<;ff ^f^t ^■<\(: .(.-11(*l^i-t^'di j v :l:iii\ s- ;,fri't')n ■.(i-ivi11"<':n;d.K; hyOi'. .*y.. t n;. ■}.' ■ ti;• r .. .pf-'.fiif.'iv'vyitji:.a;ii-ti(iiiuii('ni '■ut iif ;\' sii).- -.'try ■" iTil-iK'taini"' .(cv ■ "w])Uo, :';iill,ar'' • -wpi'lo i'i',-■ ,tp .ca'.vt Jt...jjvw ooiritt oh-- nearby^ business' r.eoyveryo send-. iiTj?''4i!a(,l('rS ' hasfijy ir»to .a. .freslv; ^'tiuly ot aeciirity; Values b;is('»(i';ev;eh inoi"iq">.ti;-ict!y ■ upon" ■■.<urien't'" arid;.' prAjiiiee;iivb.>iPai"nli>ps..^^^rt^^ outIbciiv.' S?t.eei;.? •'•Secbntl '; qaart'ey- •faiiecl tpi.e'arn t.ht;, prpferre(V.(Vi.vi(le)iitT at)(V : iEf^rierally. - reyealeil^- 'a X'.ecard- Avcii:se- than looUed- fPi-. ..C^n .jop -tif .;ihatjV J3c'thj(;h0in.',.lialYe(l its'- f i; j''at:e ah.it-'. |;Preiii(ie.ht . .i^ ' -ha'a: - -scinie ratheir ; .pessiriViHti<j '.;-.cam'irieht,S;; to iriake.Vo'rt fjie outdbbk; . A.H the 'siphs pointed ;t<v ah' early .rnove" t(i\var'd. a' rediieiion in wages .fQr ' .j^ieel .niill labor; ;.''; ■;%;.;•;;■■;'■;. '. v..:-'-';;^;, •■ ;;■: ■ •A- fiitrilbef^Pf ..it6.-~ealie(T/ s(>.c;pn(T[ai'y. sttj<*l5.s took, tlie.; b{iiV.vrio.\y.s.-\vi£h .!.v rria.rkaljiy;..; pOpd -' fjrab.e;, •' b'lit. prices' i^anke.clj aAvay . shavplX ca'sip PC many. of.'the h.ii^i..class■ 'issttes,. like Ani^vlcanlj, (Cfin. '.;.A-llieil- r..Che'rTi.icai. .l.rnder\vop(l;.Rllidtt an(l' C(>ri^ple.uousl>- Cose Thresblnpl' Icle'ft-seerried.-to. be; tha.tVjh'e ;rhediurii ^priced st<>oks.^Jian 1 ppaferitlj';(lo'ri(^.' pnouph; in Ib'e way bf d isebu n t inhaixV times: -wh ile't H ;V l.i.r.ehiii'r se<r.ii:ritiesj.-.'.liTi(T-.b^c^h.' .sup. n•rli•;;■cd•^..by'. thehv t'i\aditi.on; 'of;.'u^ i:iy,-■ ,.lri; • otlVory. \ypt;(Yi? V'-if. the -sac. rPsariCt; 5>te.el''Gb.ui<V .do..,a rio.se . cliye su.i'h'-. as-.-\V!is.' (Ti sclosed ,-.'^i:obaVi.l y. the pther.. a i'lstocra ts.- bt-. the. .1 ist'. wpi-e fi 'sale. In .<ahy; event; there wiis plenty lifl ti idii.tipn -in hi{?.h ■.ela.s.'S• :s.t o'pUs. . A- humbfr'r-pf corisi^d.en'i(;io.iV«^ blini^h at-'ten'tibn' tprthe atTause.nients under . this (Jondltibn—fh(?v-eytre)rii> deci.i fiid.fi i h prtec • wl^ ich.. sec riied. su f • fic'ierit: • to ..'dlsepu'rit' ■ tlibir '. 'positip'ri ;-ih.evfVi<-t.tlT~atsu.ch;'report i^^ ;so ■ far; C()mo. oiit oh .:C!arninp<?; .Averp f.ayot'a-l!l(>'. -ln''..cpmparis'bp;' .ari(i;.'t)ie. nP.hr" .hppi'otvch rpf .t bp .;^ scfni.;.; /■■}■' [./■■■'■■■/^':'<-';'.': - -.-V;-/' V . Stfph.g. • Mary: et.-- Bas-kgrblind' ■,-i.t-.i.-^ralsh; to'I'le/e(>^^ aPiu'sf^nieht.s -wei'e. trn'ona - ih''*' lli'st ti:)' feel.yiia.i'J.<et'-pV(iss'Jire..|.P;i,ra-m J<>r ex,'vm,ple.;...tieitfah. 4 'g'ra(in'al^ a-K: far- back as jatt.■jast.:?ii)>imei::. In [ho lo.nfr (lociir'.e■ it- .'<.pQpi's like!ly- .that ■tlie. tliefi,f);e stoekt-;naSre .v;fi:rriidiially .s'ettled. fiiio. pretty.stVfitTp iiaiid's ?thd .it...(i;(icp '.not - .Sjjerri vl.if;(Oy,.tiia,t... thpsf;' \ve'll^fpr.iifie<5'.interest-'-' cnri;-;lio foT'cMl. to;. thi''p\y. s.tO(?k ■ Pn ; the.V mt'.v.lcpt' Val*- I iirreii't : .prii:es., .tf tiiit . is . truei .' pf .vdur.^e, (if the wi'iole J.i^it, but pi'Olj- .•'il'ily apiili(?s uiirr'pJ5ii.('(;i:rl..'-fj'i'v<' to t,h(»' theatric IsKUes .VliicJi ha^V b(M-n i^\t-eiifi(inuny-'liarii;:hit '- .iiv^ i,ii;i(:'(>.- sVI^; ■.!l)(> .. • bi'ti-: . (HH^^jdp'. ; Jpti^'-^ ;f(iilli\V.lMiJ.: -tbrp%v/;t:h(:»n.:.(lyoi'btMird., ■;,;' ■'■■"/;:'■ ■ .• ■ .tri'^ hvoMliiyd of . ;declljii(»'- f.olUiwiivp- ih"P. .sufprisP ^sjiruii't'; ■ l^>'':: t;lic;>.;^.t('>'l (i;ivc'cfors/it:(io7X'n or niPrp.;iini)t)i'ta^^^^ iiiiiucs broKc tUroiiph ;thc5r. bpttoni« pf Jihve li'i ,AVhiI(;. ribtsbhe of; t.hp ,\h atres.""st(>c)(S: eyeh Ibve'ateii.ed ,tlio sp'(;-()ndar'y lowls ofv-Juhp' V«J Lbpw, the pristo pertormeiv lat('lyi ;did'<iiot evoii thrpttten .its lo.w ()f.;4,l Vs,whipli \Vas to'iiehe.d Pri fbb . nilnor -(tip. of two .weeks apb.. ',l>a.rat»icVuht -at last, >v.ceks;"loW of'22-li als()■defended, lls: low Pf the. dcciino a fortjiiplit apo. .\V..tieri- it..Vii'pri.t to- :iXi'.<!.. All; of;-tho,s.p; levels'- .'are. •..Ttiaterially'; ivitrher.. thari the .tune 2 bdittoms; .which pPnej^ally reiirefSen.'tod. 'the low^ 'f(jt' I'JUl ."and t he (jxtiVmp of the wiibl'e b.eoir .niar.- Uet;; ■■- - ■ "';■ '■:.•/•.'. v': V'''-\'.;;;'•'..-^^ .;Iii ..pther .Xyords; tlip\aiiiuseinenls as:'a- jerrojip .arc doing better-thjin'tb.p inarkTt .ais a. iwlible^ ;Sh:owljip a hlfrlt; r'elatiop -io . th.e' peixeral. sj-Pck ayef rfjire$;- In .the-chayt •i'nt'ci'p^ (ioiirap,-; thl's rpprespnts. a ST.ip fliiPlily pt. buyirip .andva .strong' liii(?- ot tpGh.nical mhrket. ilefcirnsei . It -.wpiiid' lie^-.;a; .KaVdy;' .fbiV('ehster whp.AV.bulcl ;'atteniiJ.t-ti) nirtKe:;a;'prc-' diction.-•■'ph ■ pjjipesj- -;-fbr.j tlioiN.'^bnvinp .w.cek.Vi At' .tlip; 'Saturday .-close, . the tyorages' .in' •;t)ie . ^'IIprald.rTribuhc." f(ir: instance; . had "surik;. tP „ 'vvifbiri less, than:;a' ppintij.of■ the .Jiiixe. -IS leyel Kijd .it ip6ke;d'a's thbugli;;tha,t resistance.' point hfiight be • pehelra ted this w.peki. .which in- Itself .Mrbuld. Con'stittite^ -.a., threa't; .apajhstr—:or ■. 'iit'' Ipast'^a ttsstliig.Pf-r^tlie lo>vs^ ■'^'.Nevy.'-"Low-..^oss'.ible-':. '--';■ ;,;.;ijp.'''to^last :week-^a^^, SircPV'iiad; pretty' ficriefali-y .'-agteed.- that; • tbp- parly 'Junt!- lows 'were alrtibst'.eertitlh to' h6)(i rts i the pxtriemc of ihe:.beai^ •market, but aftei: the Steelvdivldentl vote andi'report,; itiapy t;bhs'eri?ai:i.ve ;ol)fferyers ibfepan: tb' -carisider. the likeiihppd pf pprtc'trating. pvferiv'th.G 'extreme' pific.es..--. .;■.; ';•.'.: . "-• • '- .. Mc^anwhiJe the se'cpndjiify bpttbni.s; of-■ June, J.8.. iv JiPt' ;vlolatpid lP*t week and ;thei:e was; a fa'if.: prospect .that' tliey ftiij:ht: iiold ,,as:v;a^d6uhie bpttoriii in' whielv. paisp there'.Svould sd'em !..to 'Jt)e';.a :gppd proipect ;tprVa ja'adual, r<?c6.Vcry. running, . at Jeast into the earlSr. fall as .a;rtp^jpai; a^^^^ ■tumn movement. If the ;.Jurt<i ?■ lows -airp penetrated, .' however,-it. Would hiean ;that 'Wall: Street: has hia.dp. up its - mind 'that the'.business •.i;ec(>Ver;y has again . betn-cdef^ .ij!t'if,il next-Spring,-,'.. .o ' r ' . • - ,Toi recall; the'TCceht price; cyete; the ;-m,arkct, had 'reached .ah ;.acute oversold coriditiori, -at; the Juiie. ;2. bottbih ;and t«bk--a' natural rcbouhd -•from' .tho.'=!(j .extrenQet^lowsi. I^i about 10. days-, the aver,age.s. had plimljcd some, iii points to:a.:sharii;.pcak-; A . hori^ial ;§ecpp(lfiry. reacuoi\. occiirrPd hero a-nd • canpellcdV'abbut :h'aVf ^the ; pain; by Junc.iil S, .aiid : it .lboke(l as fhbugh. the earlier bbltornis':wCrp' to 'bo. teJitedi-'ilowcv'er, .at;;'thi.4 junctiiWci. th'p Hbovf^r <Tebt. hpiulay. ;ide,a -into: the .pi<rturea-Od.'-intc!rf(?ir^^^^ the. pbitm.al cotvrse'pt-m.'irketv m^^ .•rne,nt-.< .movinp- ;tHe: ;lls't' >up -to-, .a "brahd .TiPw top for the rcc'ovei-y. -. ■■- ■.V.y thc .end of;Jast -vveek'the ftp)hs; of'.' the'-second, bu'll- phase hrf(l .bpeii about-cahcelled..".stocksw back .to'.-where thp' del}.t.lV(iliday hfid jjiv.ph thent .a new..-Rpurt and' whpfe :lh,c>*-..h-iiphi lie -'expecfrd 't.'o -continue. ih'oif. nal.ii-rai- c.pu.fsp.;.f;o tlint; a?^ the. We \v., wpc'it ■ bepihs;- tb.e' Is.sue hrinps. in tih(? liaiancjc> all ovej^'ripaih. ■; /; - .■ ■;: .- ;, Suni.mapy -fo.rl.vveRiii -/cndrpi.-fi -, Sa.tur,day> ''Augw. -1: ; ; STOCK EXCHANGE ■ -!1 .;■ ■. -n - - V «f'*it--' ■-. -'.'>> -. ■:'£I:.---' 7.1'. - : :s=>«.. '■: iW-: Til! ; iiiiV - -.vif)i;;'.- ■ .v.» • ;i.j:,ii ';7.i\ J>.\V.: ■■■ ■ 1 l"i' '• :'?'! / ;-7d.-..; . .'t(l>.>- ■ 3- ; ; :\ •-.VdV. .-■■.11.1.- J>-' uf-.'.iiid r.-'IQ;.. .. .'Am'-i'i -.;in Sf-.nt.:......, - ...3, (Kid. i.Y.riKi.).-■ ■l--:il!ii.y .,.-.'.:.'.^ .. Liidd.- 'Cwiiydt.. Killi) ..7i/-ii; ' i-H)-.-. v. '. ■ -2ff,2dn K'jivtijn/fo-i'l^ill.-i'lc.-ih)..,. .J: U:(.'dO -l^'cx. .c-iiu^F. -A:: (L'..-.ii>;-..'... , . :7H:.^dd r:i-niv i'.Mf:C-.. '.tii ;/..-..■..<'.. -■- 4.(i0!.i.- f;l;ii;:-.'Vlii'id, tel. -Tii . - .--.;."';.... .K<-;-tli .■i'>i'.-f.---(7.)'--..'. 1.. ■:--i'-).7no w-iav.....-,-.;.v:.:;. ■ I .'-Kdii;.--: T-i.v .|ir.f.f: .(r.'.J;. ;■; . .. -.'., :<. r-Jdd - ^loii;.«)>n ' ^<y. frtirdcrt. (dij) .-. V.;:;(d,(t. M'(--j-(7^.\r,-,..r':f'.-.-(i-.^i'd),;-;/... - -'Id ■ (irj)ii.: (.ri-f; - (.s>.r-.. . ....;.-. - Sn.frfid' WNiui-runt. ('J..">d)'.:. .•'..■-•'... ..., l..SdO;-r.Tt.lu; ]-\',:<'')K(riii".. ,K'.:l -..v.. - -'.-.SlHi l'aMio.. (,-'l;i> s '.A.. .-.-u '.';. ■■.'■ iOri'.dWl ■ K;i'Oic .C<ir|.-. 'ii .-. . -, 2:i;!i0d .T{K'i: vi-■;:•';■-:, •■;••. .;./..-.x. ■- -.. -Hii' i:)iiiW I t - ; -.. ...•;■.'.■... 1 ■ • .. mi V'l\( i-.-'l- i^vit: -(.<i-. ; v. .-.--ifi.rii.Ki: -^Ny.n-imv:-Iivi/y.;-.;,.;; - .;..:,-.. i(i.;-iM-Vf- "i.vsri;. ; 3(H) - .zi ii'iiii -K,i(i.-«i;'. ■.:. .-. - : afMi.- Mki. ,'l:li)KI 1, fido '.•'.'.Uvi .I'ddo' , 3;1'(K) .(p'.'-('Cid. '. (:i; (Kid ■ - f (..I.Hi ^'(1 lilrfl . lI- Ill-Ill .C'l.lll.iuVii.-t rs . - jii ' ■> j1,7."'1 I.. T.ll -t-;...•(':<■ H..l.lli(ir: Vi-\s. X.t." 'ili-c . . . . ' i(-.n; - 'riji.-ii. - fit Tk IiM .;.ii'-r . ..;':■ -'J'-V;.u-'. .i/iKx;.;.... ..... CURB I '.'i u'.-;.'Tii'.(i. «■■> r i,:- -i;; f . : -■t.;!.i-\v 'ii'-'f.-, r''.-ifJii- :i-;(i Mi;--, ■;i7. fe.oMbs ' ■id.';,^v.: l.';i.r-P.'kKii'-;'r,.i''--ky -4i'> r.',-.r-VAit.'.-.'<i-j'.«.: .-.■.d-.. ,"";;^ifui..;-it--r K.-: ,^^ .'),:.(.iM»;-\v.-| ■-.1-).. i!ri>i--; ii-i .-'.-i ■ -iri^.! . •a-ia : . .-.3'(l'4'-.- ..-?« niii- i2'--^-. . • o'i : .- .2W;, , - ■irife'" - 2354 -• -- 1%; - r'% - : ::nvi- - .^-. 3. ■.- - ■ -50-' - :-;';7;fC 'Mr ■ 2% ■:. 'I? . • '31; - •.'3'/t.' ..7.'.4.. - 7- ': 'V/t ■ .,ac% . m - '■ 'i>S\<i ' ..■.R'<^ -., ■:7)!.<;|!.. ■ -• 7 ■■; -■•-Kt'/i - -.1." - .::^^' ■ 'vH • - . If.-'*'- - JOH • •1(1 -■ .T,<, .- . '2'4 •- .■-•2ii.'. ■ Ml.'4- -- Jirr- --. "■-5:1 ' - - ■, i. -.-■i'fi'4' ' A (li*'i> pt: ar.i)tiiul GC^i^J^r iii, n(>t incu.mie. for. t.h'p slx 'niPnyi.s ox\ti<< •auno -30,,-in'tii:,;.is roported.-:^ sul).sl(lM^. Thi,s; i.*J after lO^d:-: " ci-al .faies an(\ :.i)refeiU^iS(l:- diVidpiids-have, been- (IcduCtci.d.;' Ket fn-(ili: -: ls,.gH:en as'.$5«3i«04..q2 .fo'rjthls p'e^ •ir,C7:i,G i'l;j.'; •. 'fpriat .iibi'.r.»>iiipPii(liiip peripd. irt ji)3.Q."-.' -. ■ \.'. • ;'•: . -.. ,. . i:-Ayhilc tiic;- ^c(Miipa'iMp3^ .Gf.';$l,371,2.rf:;,0C .fc.iiv. I!»( -': ()i'iar.t.e'r €11(10(1 March-.3v;"19.3;i, tlic'-f^^^^^ ^sii()wed;..a^iji^8is-of'-?!2^2^ ;::<;.:;.;.V^^' • ■':' '/:-.-:.':;7--''V-'''',:^ ■'■/-■^ ;; 'Statem'orif-foH.bWj5:- ■:;^^ ■rrpfit.' -fi'bpi.'.bpevi'i.t.i.ons,.,.:.-.^.• i-:'.v •■1 r r olit ■ f i-bin Vo i ij or '■ so ii Vc es;'..-';; '.i :.-.•.>; " '.rrofitv. -puai>tPr !e'nd6.d.; j:\iTie -30. I'rpflt,;puiu'^;er ended Rfiireh 31 ;\i •:^:i0j;ic;3'.?7 ■;' .(.TjoSf>)..'»2C2,519,0.4.;. ^\l-!>30, .'.-^^• ...$338.1) 1-3.40-.. ^;:;7?J.;2K7;1.1> •= :*^4i6li3p;W'' :\2iD3P.!j^)>r.Sl| :v; I'i-pnt,;{i;.x'-iiibiit'hs ended.-J-iinc.3.(t: .. Jjc'sM- p.i>'bv.i!*.i\in;.'J'pr^^'^ irtcp'niclt-iixes;. '/ Net; pi^()(it.-./ •■■ Less .'prelroriied diYidehds, ...$1,10.R,7«2'.'12 ibt(9,7^35.;'ii'; ;'..-38j)., 0.07-50. 't2.Wi;i;33;38i- - 2'.7r),(').0'.6..00' ' f2,l.GC;i33.3S. : -:4oi;4^!);2ri: ,$5K'3,Ce4.C2-. fl,7Ci>,C44;-Kr -*-rr()lit. ■ ' ';'. -• .,; ^-'; V '• -:;:lIciny-\voPd;; Aup./,3i:^^\ .iingineers '^^at '^KlO'i^s labpi:atDyy' jiere- have . started; Work on. ..a ;.rie\y; canitfra; . ind .VprPJectiPn.. 'mgtchi^ ape'rtui*.c. w.h'leii-. -wijr fe.ilu'ec;. iixi '.openihg: frptn . i/lO . of .an 'lpch/ to ■fr^lOO: of Jth;--Inch;. ■..' r'-^-'-: .i;-'^- '•'V '. • \ I)yp'.: .tp thpV .Variable. <Tcn^^^^^^ -^^^^'E.. ^rPcbl'diflP^^t^ apcrt.acp piiphiriig .W-,li,l;nbt iriterf.P :s(>u:nd,' tracks; ':!PicUiVt!s teborcle^ .the ili^A. "<;ifiuipni-ont, hp.\yc^ 'nbt^;be ..accbniiiTpdato(l pn the iicw ppening, a.s ; thp . latter. ; of ; varl-.. ab'le.: area;", djid'. - tho '' w-idili -,'-pf -'tlie s.o'urid^'track,rir:ti.st.t; 'iie.kept .cphstaii.t;-' / if-'' .the/-new-'siz'o'v-apci'tu-r^^^ aiibjpted.-'byVAV-E;.yit wM^ \Y6rry' for 4ho .cxhibitpt^s.-.a? it wjll ;noce.ssilate the;ehaiipe.*oyer of. prp'r; icc'tipri;maciitne-.=Ji<?ads ..to' 'EliPii .75'%'' of tTvc - t'h gat res', are iequ.lppc.d with. Aiy-.K.. aper.tufes. - MP.vie ..for .a- nieW-'ap<>rture 4s seen . as, an optcbme of .e,b.n.;?tSiht:: quarrfcl.-' ihp b.ctwcpn . tlie tw.(i rifa jp'r: elec-trics Pv'^prr. iriterehiijisea.biiity. ot :.t.i•ac^;^-'-.-^'V-•'■.;;';•:; -.'' ■'/ ■■] ^'',-;/^ ■- N>-| f'lViS. tiii-;fi)r;.w)c. • •'<(^', rii^ii ;•' .'. 7:'.- ■:-.?.(. :.Mr.--:l^ -- + iO>i .■ ■+:-'-V ■- ■ ■■v<' ■■' — . t.o-'t -Allien.' : ' :"i(i!t;- - ns. . m ' ■■■^■.rr ^'V ■..■2r,ti- -;-.-23^- - -1.7'iC. .14 - - ■ -T .' .1.1- . ,.-2i-i '■jio''i)tir '-1.0'4 ■■:u -; -. 'liV- '.. «-'S( ■ -. 7,-. -.10,-..-. .(•.(; ■.. ;!i;^:-'i ,-+3.'*'. -.-i2' ■ —' 'i-.-; ■rM. ' r '.'1:* :VSSU ES.;m';:OT-H E.R: WA;R: K EyTiS,'; ■ Ali..qu.oVe(i:. ,f 1 ; ■'■Oyor'.-tlip-.-Co^int^ Y, -,:,;;■: -.-1-.-'-. ''t'- .' •'•■• »•..;• i 1 .'.^ i'*- - ';•* ■'-' •.■;;;•• ^. ;idiaiVilt JVaig,; 3,:: . Xi"piQ.P, bobtli .in11; enlpipycd - Iiv tjif> ;.\yolfsPn'.Aieyolv .tiieaU .'fti^PP on. 'f^trike ;abd.. broken, .their. " -oph.-; tracts. ii-ot'cntly-'; ■ -wgned, ,. a'ilekpij Me^'(?r."-';.':: Qp.cratoV.s-"'-^^ cpn.tl'a(H's,Avith pt.Ii(^t' uKjie 'thc'atrc.'V hc.r'c -vyhich tlic'y'rc- f iilfillihK\ ■ .. •,' Iteasbiv ■^g.lye.n- by ; tii^ me:o lis that .they. -y\',ant;.?'2.v)5.-'ai)-iibut' for Sund.nyV'wb.rk,- 'while "pVcspnt ' co'ii-; -tract. p.ays-:thcpi-: for - J^unday-.' -vyork at' thc'.i-.pgpjar. wceiU'y seal?. - Meyt'i' ;eai.i't; s.u.p i().r. .bfcacli (-; contr.iict .-'.iK Wimday; wPi-lc .is' i'lot- Ipppl in; i'')(irrd;i.; MfetjpQ BerfGcts Spherical ; M Miiius Di^tortioil . viXoily.wc>bd,>.Aug,.. 3;. .. ji/Urij- >opmU.- ,dp.pai!Cnient;.- jia , tii.rnifd, out a'i-iiew inik.R fpi'.lrecpr.d-' ,-ih'!^'. li'int% itVciaimi^^ .of.-.'the preatcst,.;-' rc.PPrd.l.rip ; iriiprjjyeihi^.rits .sih(;p- hdvpn,t.- Pf-talk:, lioyii^e. is sini- ilair. to the cannon,'typi ii.o\v |n ..-uso; overy>v.h(M'cy:eisP^ex:pcp .'in..' shape.- \iynpAvn.\.T.s'-\'^; h.prtih ..rtiiiclv't^^^ .('>rtp;is-:alm<>st.;a^-;pevf<*pt.- .i;p^ .'.1)1. the; .'behoiits-(lerivpii.' p'«)mP. .'ifi- the. !>h'aii.c-';-, -/; .;"'^; \ ' .v ■■.-'••;.:■"''' - --■'■ ■ V;--.'-A ,s vexi)l..afK('(i .'by '-' Wes^lt^v.'- •Mi-n('^; .(•lii.cf .'eiVpinePr rif' trie 's"()t)n'd (JeVvirtr rriVnt,:;-'; sb'iujd' \va,V(\s/.,; liivp' ■; o.&^ '.>vavOsi.;.when.;;l i'tVinij"'.irrppiilivr' .pb- •je(;t-, l>re.f>k. 'pp :ip(i bf>c();r)ic, di.Htor.tpil'. :Ktriljihp.,a.;(.\irV;iil;xr ;p Kt-(i>ihd ^).t-.;an(i c|f)htiniio.- .smpb.ihiy; .'. ^lew -('i(^v.ic,e ;ppntuin.S;^h ^^auvc ..np ,i:paif(.^i)^;asUhc \(.^ i'.oh(^>--Rut liy papk-^^. iiT'p-it-Jin -tlie-sp)i<*.yb. li''>«''!!^^ ..live.lWiiiiids fnipi. :the;-\v;iyiplit: of .thP■ th,iko...briil^}h^,'•i'l .d;i.)\v'i)'; 1,0; 'seven .rtiid Wnp'fl.ialC;'.-.'.-^;''-;. ■.•-■-.;'^'';■ ••'.. ■-;.-Ti>SV!* - iiiiytlo - /by ' Wr' tn^^ '.l^W'i r.i;vi:al--:ibat l-.bP -ui-.^\^^^^ r.\..^: vr(-|«;in iiviiiliry „irt/i-;(j.iW:iiiion;'1ii;niO^ .(ifpTctip- p'()-ri(iiti(jn's o'ji any. set bptlo.r :'rii.d ii".an:;bp; i..ah>rnirtiir('rc(i- 'at. 'A^^if^l;h-.^'l)(^ (•()y<t';of :il.ip': old -vl:ip< . .-Nl;illPi: a i,k1 'h'nt ..S.ta:rf pcrfvci od .JI'i.e .iwirfii)---;,' w.iiiii- .<\'^'-.k;''^;!|'\i'.;ut'-..w.tu'-k.inp putvilio; Hiic'cliatU('4i d^^^ :'. •.' PAR SET TO PAY DIV. it's :pra('tiea-lly^eeytain"^ ; ,; :Wilt pay. -lt,^.;'divide.nd sUick^ .inv ;; .Htf^ad .(if ca'.sh.'wifir 'tiie; .p.iitiay'.tp- bo'...-; created .;thro.ugh.-.a: .sp<^tiai.'.:!ssue p£ • j^iock to" i>c -(IcrUlred A)y; tlie /hotyrd.-ot; :, dlrpPtPrS- at'.'lts.'-mPeti'nK;;3^^^^^ (io.)..'.. A'rotind ;■ 7715.00 ^harc'j will -bp;.." i'epuirp.(1' to '.-.mp.et.'-i-ith ..$!J.r)0./-r{y.ti'p-';;.. based -\; on -V-ciirren.t.; selU^^ $2^-'pOr.'sh:vi'e.;;': -'^V'',-';"-';'- : >-. V- '.'y'-i' - .TMs -payort-. ^muiOO' talkin^d , •■ abo.iit. is.- h,9t".;-'sp- "surivrisj.i-ip ■:to. - (h'o'.~ "■ financi.'iir.sectoi^.- .Xyhich .-fl hat .:; \yay Jill;--th'o,;-'ti-n.i.e';-'.- -.-.Tliis; bC.('aii;i:<V iiiidPr- ■aiv---i.ndpnturp.--.sp(;i'n;lnp :.-t'a.r;.s' - Putst.itridjiiip, C'^^ .•.debentil.f.(\sr:..-.t li(-iT-.s ' -; a^^provisipn. .which sa-ys . ho diyidt'Yiil.'' -,:-. pn- corriuiipn' stpck is; id b(';;paid 'iiri--';.': ie.ss; .(lip ..:Co.'ns()li(lille(l ;'c.iiiyp^^ a.^-; -V: $ets .a-n'(l ..w-pr.RInp. cat - - • cep(1 tw-icc' the . COlisolJ dateif- :Viii:i\pot ;" lia))il5tipsl' ;V'''.'■--:';^:-; ■';/■ ..' 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Princess' ehairrhing; .(he.: .; A Ijortiih-UP et'-al.. .cx''i's: :'^itif<; - :• -;.'.:. -' .'Glen.' .TK'eAtre. .G'opp.;;;.'(■.('i.lM.-ifiV..i.a. lMcturi-)<-i(:(ii-p;';\$iJO... •■ .- .'., Jayes's-. theait\cii\• '-;'Ent.'; -rilTiitiy -: i-i'(i(lucliim>-.:'-'IhP-;'-.. ?T.'1T; ;-'.;-'" ' ' ;;5- ' ..Fred; K-.i Igou r; ;l [("illy-n-'d'i.id 1-'n■'• vtr'fS- [>:■•;- iT^.,: ' .. -'. ,.;>-;.:.'■. .'.M.b.rton.':' fi. ■; - and.-.M ^ry .. .'Bl ii rtich:- - .st'Pck; l.{.:;Aitnya7i &^::('-o,-;.fi;i->r/;-..'. ' ;: .;;/-::'^leh•e.^^ang;ji -.;:' ■.' ^-"f ■;.-•'. ■''.Wirtiy'ivoiiiir:';^^ .-- ;Koli(;!;t ^t^^P.pL^vvl^^>,^ (ili'tM'^ff.;l•..(J . li-iil;. i'(■ i.i'.s'''rIur (!p:ii '■ .' -I-! >I(i.-'(.i 1.1;•-•'•' Av'.;i-«. l,wrn'<t<'(P' a. ::pe\v. '..<->{m rpr tlirf p. >v\;irs; '■-/-' '- ; !.(.•»-ir^ya'i'i' htis^')^cfMl : ?k; r-.-^-'l: , :<J.aiigvioii'. the past !it;yi^ii ->:cvu >: .; '■ ':