davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
BOERSE MANAGEMENT
SHARPLY CRITICIZED
By the Associated Press.

By the Associated Press.
BERLIN, September a. = The han
ding of the opening Of the Boerse yes
terday when stocks tumbled on an
average of Is points, was criticized
sharply today by newspapers and finan-
cial experts. They said the applica-
ton of precautionary measures would
have been an effective shock absorber
A hurried attempt is now being made
to remedy the situation. The Boerse
Committee is expected to issue meas
ures extending the date of delivery on
obligations due September Is and cas-
ing up rules on margin payments
Financial institutions are expected to
cooperate by loosening credit terms
Criticism was chiefly directed against
banks and large stockholders for not
having prepared to meet the rush of
sales. 1t was pointed out that yester-
days sales were not as large as might
have been expected after a 55-day clos
ing period. The amount of A. E. G..
German General Electric) shares
placed on the market, for instance
amounted to only 100000 marks Oess
than 100000.
Had those concerned negotiated with
industrial firms beforehand. it was said,
and placed the comparatively small
sum of 100000 to 25000.000 marks
as a reserve to absorb sales, yesterdays
slump could virtually have been avoided.
Small buying orders already have
been placed from foreign countries, and
1t Is expected that this will create do
mestlc buying psychology.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Life Insurance
BY GEORGE T. HUGHES.

There is one more topic which ought
to be touched on before We begin dis
cussion of securities and that is life
insurance.
Insurance is to be bought primarily
because there is an irlsurable interest
and only incidentally as a means of
investment It has the advantage. just
as the building and loan does, of re-
quiring regularity in payments and so
is an aid to thrift. but the main reason
why insurance should be purchased is
to cover a risk which the individual
cannot carry for himself. For this
reason it is something which the young
man, or the young woman if there is
any one else dependent on her earn
ings, must seriously consider.
1t is foolish to think about the buy
ing of stocks and of bonds. whether for
speculation or for investment, when
there is real need of insurance and
none is held. It is possible, of course.
to 60 to extremes and take out insur-
ance in excess of ones ability to carry,
but that is the fault of the minority.
The great ma jority have too little in
surance. 1t is impossible for salaried
man or wage Garner to buy out of his
earnings enough insurance to enable
his family after his death to live on the
income therefrom on the same scale
as if he were still living and in receipt
of his regular stipend. He can. how
ever. give them a fair show. and that
he ought to do. The younger he is
when he takes out his policy the
cheaper it is. The longer he postpones
action the greater the cost.
This sounds trite and so it is. but
upless some one gets the point across
to him the average man will never act.
1t is a curious fact that insurance has
TO be sold, it is almost never bought.
(Ccpyrieht 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
OIL SHARES LEAD WAY
IN GAINS FOR AUGUST
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 4.-The
market appraisal of 100 representative
common stocks increased $1O7.5 82O42
OF one-half of l per cent in the month
OF August. according to a computation
prepared by Frazier Jelke & Co. A
large gain in the oils was Just about
offset by a substantial loss in the rails.
The motors dropped 500. 901 900, and
smaller losses were contributed by the
miscellaneous industrials, the mines and
the railroad equipments. All the other
groups gained.
Due to the substitution of Socony-
Vacuum for Standard Oil of New York,
the total number of share units repre-
sented by the 100 issues increased over
100000. The figures in the above
paragraph are prepared on the basis of
the share total previously used. On
the new basis the 100 stocks gained
1915, 881 900, or 2 per cent. On the new
basis the appreciation in the oil stocks
was 10 per cent, against 1913 per cent on
the old basis.
On a percentage basis the largest de-
cline was 8 per cent in the rails, the
equipments dropped 81 per cent, the
motors 4.6 per cent, the miscellaneous
industrials 90 per cent and the mines
four-tenths of L per cent. The largest
gain, outside the oils, was 14.9 per cent
in the amusements. The chemicals
gained "A per cent. the steels 90 per
cent, the merchandising shares rs per
cent. the utilities 81 per cent, the cleo
trical equipments 1.8 per cent and the
foods IL per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
BONDS ARE LOWER
| IN FORCED SELLING
Decline in Stock Market Com.
peIs Further Liquidation.
Bids Scarce. e,
BY F. II. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, September 4.-Bonds
were driven 10 new low average level
for the movement today in a moder-
ately large volume of forced liquidation
arising from this weeks downturn in
stocks. renewed unsettlement in the for
eign situation and the unwillingness of
three-day holiday. Prices moved widely
Because of the extreme scarcity Of bids.
Money rates were unchanged and
Treasury bonds lost some of the gain
which had followed the offering of
$500, 100000 of 24year IS, because of
today's Washington announcement that
no large oversubscription was expected.
The books for the loan are being kept
open, however. The absence of any in
timation of Liberty Loan refunding
issue soon was considered significant as
showing that the Treasury Department
believes money will be close to current
levels for long time to come.
The forced selling came largely from
institutions requiring cash for over-the-
holiday expenditures and as a result of
nervousness on the part of portfolio
trustees over the immediate outlook
induStrialS. many CT which touched new
lows for the year. The railroads have
been declining so long that they are
considered fairly thoroughly liquidated.
AS consequence. while issues like Ma
tional Steel SIS, Vanadium SIS, Chile Cop
per SIS, Paramount Famous IS and
United States Rubber SIS were making
new lows, many rail issues had small
gains.
There were gains in issues like Mis-
Souri-Pacif1c IS, Frisco Prior Lien A As
and Nickel Plate 5i2S that had been
heavily sold earlier in the week and
last week.
The acute political situation in Chile
was responsible for weakness in Anglo
Chilean Nitrate rs and Chile Copper SIS,
while the uneasiness in Europe over the
continued weakness of the Berlin Bourse
accounted for selling of International
Telephone 4l2s and SIS. International
Hydroelectric 6s, International Match
SIS. American l. G. Chemical Sis,
Kreuger & Toll SIS and other interna-
tional securities.
German issues were under pressure
Young Plan 81 2s equaled their previous
low Of the year. Dawes Reparation rs
made new low on the movement. In
dustrialS. like United States Steel Works
6i2s and Siemens & Halske IS and rs,
dropped to new bottoms. Other Euro
pean issues were inactive. Swedish 5 l2s
touched a new low, but were still well
above par. South Americans slumped
with the Chilean group. Australians
were firm.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
SELLING OF SOUND
STOCKS IS DECRIED
Magazine Advises Investors
Against Taking Losses
in Market.

MANY an investor who purchased in
the gala days of 1929, and not a few
whose commitments date back only to
last year, says the Magazine of Wall
Street, are debating this question:
Shall hold on and welt for recovery,
or sell and prevent further losses?"
Like all questions of this kind the an
swer is, of course, lit depends; and it
does depend on individual circum-
stances, on the type of security, the
company and the industry. on market
conditions and other considerations.
But if one were to generalize at all, it
would probably be wisest to counsel:
hold" If one has stayed with stock
that has any real merit through the
vicissitudes of year or more of bear
market it would probably prove the
most costly policy to sell now.
Let's take the case of MIR. T. who
among other holdings acquired 200
shares of Anaconda a year or more ago
at 10. Yielding about z per cent he
put it away from income and ultimate
price appreciation. After anxiously
watching its decline for many months
and yet hoping against hope for a turn.
he finds by current quotations of "a
that his investment of $4,000 would
only net him $4,000. Whereas instead
of receiving $1,000 a year in dividends,
LAC 10 III" SCJChlS oOOU Vi oIdLSClJ lIlOI =
than 2 per cent on his money. Yet if
he sells he pockets a loss of $4,000.
Shall he do it and put the money in
the savings bank, thereby reducing his
income to about $l68 in place Vf $500?
Shall he salvage his $4,000 and place
it in some other issue which he be-
lieves has better prospects of price APP
precis ton, or shall he just hold on?
No matter which he does, is it not
fl1~k ~
date he may look back and realize that
he translated a paper loss into an
actual one. much too near the bottom
to justify him? Unless he believes that
an enterprise that has been in business
So years and is leader in basic
industry is going out completely, il
would seem far wiser for him to hold
on. He has seen the stock 60 to 49,
certainly it has discounted everything
short Of bankruptcy, and with any ma
terial improvement in general market
conditions or with betterment in the
copper outlook he can most certainly
do better than current levels. How
much better or how soon are indeter-
inmate factors, but the twenty-fourth
month of a generally down-trending
marxet and a still longer business de-
preston is hardly the time to get pam
icky, the magazine asserts.
Now, of course, this advice is not
universally applicable. Undoubtedly
there are stocks selling at "a when
will yet go to or even zero. That
would be true in any market. There
are individual circumstances the mag
azine says, which would warrant i'm
mediate sale, but these must be con-
sidered by themselves. We are con-
cerned with the average investor and
the stocks of well known, sound COM
panies. OF these we say: Don't be too
quick to take losses. If you are patient
you will turn them into profits yet"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
TREND OF SEPTEMBER
MARKET BEING WATCHED
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 4.-The
September trend of the stock market
is expected to be indicated in the i'm
mediate movements of stocks and par
ticularly the industrial and public utili-
ties group.
The rails have already declined we'll
below their June 2 average. This group
has led the others in each protracted
decline in the general market The
question now is whether the averages
of the industrials and public utilities
Will hold above those of three months
ago or follow that of the rails in max
ing a new low figure. Should they re-
sist the downward tendency, it could
be evidence to those who base their
opera tions on the performances Of
charts that the bear market was def
nitely over On the other hand. if the
averages for all three groups go below
those of last June, it would be S gn
and signal for resumption of bear
operations and renewed liquidation by
holders of stocks that had come to the
conclusion that prices in August were
as low as they would be.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Pennsylvania Income Cut.

NEW YORK, September Especially
Dividends en- the stock of three rail-
roads which the Pennsylvania Railroad
interests have bought in the last three
years have now been passed, namely
those of Wabash preferred Leigh VAL
ley common and Pittsburgh &, West Vir-
ginia. The total amount of income loss
is considerable, and while it does not
directly enter into Pennsylvania Rail-
roads accounts, it indirectly must affect
the attitude of Pennsylvania directors
toward their own dividend payments.
In addition there is the enormous de-
probation in the market value of these
and other stocks which the Pennsyl-
van,a management purchased for
strategic purposes"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Security Traders
Are Not Impressed
With Barter Idea

Special Dispatch to The Star.
NEW YORK. September Awhile
Washington is taking the new era OF
bartering in commodities very seriously
Wall Street is not changing it's ways
Today it takes cash money or the
equivalent of cash to trade securities
just as usual.
However, there was time, long be-
fore securities were dealt in, that bar
tering in commodities was the common
thing under the buttonwood tree" the
neighborhood now occupied by the Ma
tons greatest financial district.
No brokerage houses interviewed to.
day were willing to swap a bale of
stock for a bale of cotton or a truck
load of wheat for truckload of shares
No bond houses appeared to be willing
to trade couponed securities-even if
they were in default as to principal
and interest-for tomatoes or peaches
And no bank, either savings or COM
mercial, showed the slightest desire to
credit so many bushels of potatoes for
deposits. In Wall Street. money or
money means" still is necessary to dc
business.
(Copyright 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Business Notes

NEW YORK, September 4-Jobbers
expect to place fairly substantial VOL
ume of business on those cotton goods
lines which are repriced after the Gov.
eminent crop report on Tuesday, pro-
vided the rev levels conform to their
ideas, according to opinions expressed
in the Wholesale trade in New YORK. It
was said. however, that fewer new
prices than expected will be issued
While denims probably will be reduced,
new percale lists may not be issued I'M
til November.
Wire mesh shades. introduced in the
lamp field industry. show promise Of
developing into the outstanding item
of the Fall season, manufacturers said.
The shades. made of fine wire screen,
carry designs in current popular colors
and retail from S2.95 up. In point of
volume the present caIl is considerably
below that for silk or parchment prod
ucts. but is expected to increase stead
lily throughout the season.
Only slight degree of imprc Rement
has developed - better grads A-I~Ses
and the situation continues to ref12ct
an outstanding difficulty in the C.'ess
trade as the Fall wholesale season adj
vances. Aside from the general eco.
nomic situation which is causing mahv
customers to favor the medium and
popular price merchandise. manufacture
ers find that the volume ordinarily OBJ
tanned from speciality shops is sub
stantially below expectations.
Current activity in the fur trade has
been stimulated by the buying interest
shown in sports jackets. particularly
in lapin, which appears to be headed
for an active season. manufacturer
report Recorders on long coats to sell
at popular prices continue to be re-
ceived to replenish retail stocks follow
ing the August sales events.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
j. S. RESERVE BANK
CREDIT INCREASES
Daily Average Volume for
Week of September 2
Gains SAG, 900, 900.
BY the Associated Press.

BY the Associated Press.
The daily average volume of Federal
Reserve Bank credit outstanding dur
ing the week ending September 2, as
reported by the Federal Reserve Banks,
was $1,224 900 900, an increase of Sac
900, 900, compared with the preceding
week and of $4,000. 900, compared
with the CORRESPONDING week in 1880.
On September total Reserve Bank
credits amounted to 81 POI 900 900, an
increase of 100000 for the week.
This increase corresponds with in
creases of Sal, 100000 in money in cir
culation and S32,000,000 in member
bank reserve balances. offset in part
by a decline of 100000 in unex-
pended capital funds, etc, and in
creases of $4,000 900 in Treasury cur
rency, adjusted, and $6,000,000 in mon
etary gold stock.
Holdings of discounted bills declined
81. 900 900 at the Federal Reserve Bank
of Boston and increased $7,000,000 at
Chicago, $4,000, 900 each at New York
and Cleveland and $15,000,000 at all
Federal Reserve Banks. The systems
holdings of bills bought in open market
increased $17000,000 and of Treasury
certificates and bills $4,000 600, while
holdings Of Treasury notes declined
$13,O00,000.
September totals Gin millions of
dollars. with changes from a week
ago follow:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
GOLD IMPORTS.

NEW YORK, September 4 Especially
During the first eight months this
year gold imports amounted to ap-
proximately $305, 6O4,00O. compared
with 273,802,000 in the like period last
year, a compilation by Continental In
surance Co., which handles a consider
able volume Of insurance on gold con-
signmentS, show. Exports for the period
this year were $22,526,000, compared
with $50 1924, COO during the correspond
ing eight months of 1890.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Bond Interest.

NEW YORK, September P).-
Interest to be paid in September on
American corporate bonds, United States
Government bonds and foreign dollar
bonds will amount to $192,92l .946. a
substantial increase over the $143.229.-
806 paid in August. Standard Statistics
Co. reports. Redemptions, calls and
maturities on these same obligations
will amount to $774,5S3,540, compared
with $189,346.613 in August. The in
crease is due almost entirely to the
amount of United States Government
bonds to be retired during September.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Foreign Bank Statement.

NEW YORK. September 4 (SpeciaD =.
The Bank of England this week
gained about $4,000, 900 gold in COM
parison with nominal increases in the
yellow metal by the Bank of France and
the Bank of Germany The ratio of re-
serves to liabilities by the English in
stitution is somewhat lower than a week
ago and there was also a Slight decline
in that Of the Bank of France.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
OIL CONTRACT SIGNED.

NEW YORK, September 4 (P.-Sea-
board Oil Co. of Delaware, formerly
Mexican Seabcard Oil, announced TO-DAY
its subsidiary, International Petroleum
Co., had contracted with Mexican Eagle
OIL Co. for operation by the latter OF
International's producing properties in
Mexico.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Washington Stock Exchange
SALTS

Pot. Elec 81 pfd-5 at 1922, 10 at
1921.
Pot Elec. 5lacc pfd.-5 at 1902.
Wash. r. e. E. pfd.-5 at 993s.
AFTER CALL.
Cap Tract. 5s-sl 900 at 81.
Pot Elec. 5i2 % pfd.-l0 At ll0l2.
Pot Elec. &c ptd.-5 at 1922, at
1922.
Wash. Gas IS A-s1.0 900 at 1924.
Wash. r. g. E. pfd.-10 at 99l2.
NOTICE.
This Exchange will be closed Mon
dav Labor day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04

Three-fourths of the people of Jugo-
slavia still prefer to wear moccasinlike
"opank." which are homemade or pro-
duced by the village shoemakers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
MISCELLANEOUS.
STOCKS.
PUBLIC UTILITY.

Amer. Tel. e. Tel t9l......... 1856 -,
Capital Traction Co. t4. ...... 1874 80
Wash. Gas Light CO. dbl. III :;o.'
N. & w Steamboat 12)....-. l90 2!0
Pot. Elec. Power g. pfd $3.50. li2,2 !!3
Pot. Elec. Power s. pfd ..... llOi2 llO'
Wash RWy. & Ell com. tD.... 44O -,
Wash. RMY. & FL pfd. dr.. 99 Is 99H.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
FOREIGN EXCHANGE.
sHoRT.TERM SECURITIES.
tPenorted by J& W. selisman g. CO

(RepOrteQ Dy y. & W.
Allis-chalmers Co SIS 1893, 1918 l9S2
American Chain Co. IS 1888 99i2 s9'4
American Tel. G. Tel. 5l2s 1898 ll0ss III
Amer Water Wks. & Ell. SIS 1884 1928 lOz
Baltimore & Ohio 4l2s 1893 81, 9ais
Belding Hemingway Co. IS 1886. 99ls ,9g5a
Bethlehem Steel Corp: SIS 1885 !05. iU3@4
Canadian Nor. Rwy. 412s 1888: 1919 loo
Chi Northwestern r. r. IS 1888 99is ggSs
Chicago Rock Island As 1884: 88H o0'2
Cleve., Lor & Wheeling SIS 1888 lO0 -.
Colorado & So Rwy. 4l2s 1888; 95i2 96,
Commercial Credit Co. 5l2s 1888 9812 9Sss@
Delaware & Hudson Co. IS 1885 l03 lUaS+
Denver & Rio Grande -412s 1889 Ella ,6912
Gen. Mot. Accep. Corp. IS 1881 iU5as u.s.,
General Petroleum Corp. IS 1870 1925 1879
General Pub. Service 5l2s 1889 s6s2 xSaH2
Grand Trunk of Canada IS 1886 1878 I0S S,
Houst E. w. T. SIS 1888. ..... 100 102a2
Humble Oil 51as 1882. ..::::.. 1929 !o2Ss
Laclede Gas Light Co IS 1885,. !02F2 !oS
N No1 VILE s nasnSiiIs as 1881 50 ss:
New York. Chi. & st. L. IS 1882 83 04f2
pp enna &c SIS lss sos iS8 io8H
PPortiaInld GenersI s EieS 5s 1871 4Y' 81
Smear Crude oil Co. 5ias 1888 1924 1922
South ern Pacific SIS 1884. 1882 -
Union Flee ri e. Pow. SIS 1888 1929 10314
Union Oil Co. of Calf SIS 1885 99l2 100
Virginia Rwy & Power IS 1884. 1895 in?ss
Wabash Rwy. Co. SIS 1899. ..... 1904 1918
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
TUE z1UTINe IOI CUT 2 W IT TUE Tut TUT
Sales of Stocks on New York Exchange.

1890 AM......... 100000 1900 Noon. ..... 100000
1880 PM......... 100000 2:l0 P.M......... 100000
Dividend given the above table the
haif-yeary
Payabis stock PAYABLE
fPlus Plus 80
special preferred stock Plus 81 stock Paid this
regular n Plus Sc. Plus 2lse
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Bid and Asked Prices.
BONDS.


Bid Asked.
Amer. Tel & Tel. AIS SO. go. i26 49,.
Am Tel. e. Tel ctl. n. 5s.... l08 .....
Anacostia g. Pot. r. r. ss.... ~
AnacoStia & Pot. guar SIS ..... 96 ..-..
c & p. Tel. of Va 5s......... los los
Capital Traction r. r. 5s...... 8l'4 80 a
City d. Suburban 5s........... 90 ...-.
Georgetown Gas LIST 5s........ l05l2 49,.
Potomac Elec. cons. 5'e....... l04 , 49,.
Potomac Elec. 6s 1853 ......... lo9'4 III
Wash. Alex e. Mt Vernon eff. ..:..
WaShineton Gas 4 as .......... 1908 l0l
washington Gas SIS ........... 1862 1917
Wash. Gas 6s series A........ lc3 1884
Wash. Gas 6s series B........ 1861
Wash. Rwy. & Elec. 4s....... 94i4 941s
MISCELLANEOUS.
Barber & Ross. Inc, Gas. ..... 10 49,.
Chevy Chase Club 5i1s. ........ 100 49,.
Columbia Country Club 5 'ss.... 100 lQ3
b C. Papcr Mig 6s...... 80 40
w M Cold Storage 5S... "a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
NATIONAL BANK
TRUST COMPANY.

Amer Sec. & TT, Co. G5D. 3l5
Natl. Saw. & Trust tl2D 49,. oSn
Prince GEORGES Blk & TT. Co.,. 28
Union Trust t6sD ............... wv
Wash. Loan & Trust I4D....... 4OO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04

Scotland has an snti-Communist
drive
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
Unlisted Department.

(These securities not listed under Exchange
ruleSb
RONDS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
SAVINGS BANK
TITLE INSURANCE
MISCELLANEOUS

Barber & Ross. Inc com. .... ga l3
Col. Medical Bldg. Corp. o.. SS 20
Col. Sand g. Gravel pfd t7).... 10 "
d. Pc per Mfg. pfd .......... -. p
Dist. Natl Sec. pfd. 90 1890. 90 20
Emer. Bromo- Sell. "A t2..... y 81
Federal Storage pfd ~. ....... III lS9
Fed.-Am. Co. com. l.20t.... 22a6'4 ,2955
Fed Am Co pfd. 80. ......... 90 Ivy
Lanston Monotype 49, 82'2 ~
Mer Tr. & Stse. com. fl0p..... 90 l0z
Mer. TT. & Stge. pfd. 81 g9 Saa
Mergenthaler Linotype o.. 20 80
Natl Mtee. e. Inv. pfd: t3l 30
Peoples Drug Stores pfd. CA .'lOa,2 W..
Real Est. NJ. & G. pfd. 3D.. go 80
Security Storage f4el ........., lUo li3
Ter. Ref. e. VIII. Corp. t3)...... as ~
The Carpet Corp (2).........., la,2 rs
w. Mech Mtge COM 80. ...... ga $50.
Wash Med. Bldg Corp 90 90 .....
Woodward & Lothrop com II. 20) e ....'
Woodward & Lothrop pfd. CO.. lOo $40.
Tex dividend. s2'c extra.
Books closed. y2l2'c extra.
n25c extra. g3'c extra.
f30c extra. h4>c extra.
Nc extra. 45fe extra.
Rl1,C.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-04
NEW YORK STOCK EXCHANGE
Reeave BY rtae Dret to Star

PREV. 1871 Stock and
High. Low. Dividend Rate.
la. 81 Tri-Contl Corp. -.
94h 901a Tri-Contl Corp pft6)
45ss 2Sis Trico Pro6uctsC2 II }