Evening star. [volume], March 20, 1935, Page A-16, Image 16

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
BANK INCREASES
ADVisonr board
American Security Adds
Five New Members to
Branches' Group.
BY EDWARD C. STONE.
Five new members of the advisory
board of branches were elected by the
directors of the American Security <St
Trust Co. late yesterday—William E.
Miller. Dr. A. îîagruder MacDonald,
Sidney L. Hechinger, John D. Green
and Gilbert Hahn.
Mr. Miller is president of the Wil
liam E. Miller Furniture Co., located
just across the street from the trust
company's Southwest branch. He has
been in business in that section of the
city more than 31 years. For the past
two years he has been president of the
Southwest Citizens' Association.
Dr. MacDonald. who was appointed
District coroner in 1934, practices
medicine in the Northeast section.
Former resident physician at Emer
gency Hospital and later superintend
ent of Casualty Hospital and a grad
uate of Georgetown Medical School,
he has found time to follow business
affairs closely, being a member of the
Washington Board of Trade and the
Northeast Citizens' Association.
Mr. Hechinger operates four build
ing material sales yards, under his
own name, having been in the build
ing wrecking business for 24 years. A
native of the Capital, he was gradu
ated from Business and Central High
Schools and from Lehigh University.
He is a member of the Board of Trade
and a member and secretary of the
National Code Authority for the
Wrecking and Salvaging Industry. He
Is a member of the Northeast Busi
ness Men's Association, also of the
Northeast. Southwest, Georgia Avenue
and Mid-City Citizens' Associations, as
well as of many other organizations.
John D. Green is a regional man
ager for the Continental Baking Co.
He was formerly associated with the
Corby Baking Co. of this city.
Gilbert Hahn is a member of the
firm of William Hahn & Co. and a
son of the late William Hahn, who
established the shoe business at Sev
enth and Κ streets northwest. He is
a member of the Washington Board
of Trade, Advertising Club of Wash
ington, National Shoe Retailers As
sociation, Woodmont Country Club
end of Harmony Lodge of Masons.
At the same meeting the American
Security & Trust Co. directors de
clared a dividend of 2 per cent on
the capital stock, payable April 10 to
Stockholders of record March 30.
Store Dividend inereasea.
Directors of Woodward & Lothrop
have declared a higher quarterly divi
dend on the common stock, voting a
65-cent payment to be distributed to
March 28 to stockholders of record
March 18.
The directors made no statement
whether the increased dividend would
be declared regularly in the future. !
However, the increase is significant of j
improved business conditions and 1
means regular payment of $2.20 a
year instead of $1.20 if similar action j
is carried throughout 1935. Last year I
a 60-cent payment was voted during j
the year in addition to the regular
$1.20.
The directors voted the regular
quarterly dividend of $1.75 per share
on the preferred stock. This disburse
ment will likewise be made on
March 28.
The common stock is now quoted j
around 31 on the Washington Ex-1
change and the preferred sells around
110 and 111, with very little offered at
any price.
Tel. & Tel. Eyed Closely.
In the Washington brokerage offices
American Telephone & Telegraph
stock has come to be one of the
most closely watched issues in the en
tire New York Stock Exchange list.
Shortly after the congressional in
vestigation, to cost $750,000 and cover
the long period of 18 months, was
ordered, the stock dropped below 100.
The stock has been one of the steady
ing issues on the board all during the
depression period and had not broken
below par since early in May, 1933.
Tape followers call attention to the
fact that American Telephone has
paid the regular 9 per cent dividend
throughout the depression, although
the dividend was not fully earned.
The Government long ago requested
all corporations to maintain their cur
rent disbursements in order to assist
in fighting disrupting economic forces.
To comply with such a policy the
company had to draw heavily on sur
plus, a step which has been greatly
appreciated by more than 600,000
stockholders.
Business is getting better and better
every month, but the dividend is not
yet being entirely earned, although
there were 67,100 more phones in use
in the first two months of 1935 than
in the like period in 1934.
Every day the stock is very active.
The high yield at present prices has
prevented any sharp fluctuations. Few
other stocks on the board would have
held as steady under similar condi
tions. It opened today at 101.
The stock is widely held by small
Investors of very limited means. They
are even more interested in its action
than are the brokerage office fre
quenters.
Today's Trading on Exchange.
Capital Traction 5s were strong on
the Washington Stock Exchacige to
day, selling at 97'2. Potomac Electric
Power 6s were strong, changing hands
at 110, same as other recent sales.
Riggs National Bank common stock
moved at 212 and Washington Loan &
Trust Co. stock also came out on the
board, five shares changing ownership
at 200. The remaining trading was
confined to Mergenthaler Linotype,
which was in good demand at 30.
Unchanged.
The exchange is planning to make
a temporary trial of remaining open
until 12 o'clock every day. This will
give local investors a chance to place
orders up to that time.
Financial District Gossip.
The Washington banks today
through newspaper advertisements
effered special services to patrons in
exchanging the called Fourth Liberty
bonds for the new 2% per cent Treas
ury bonds. Fourth Liberties having
numbers in 5, 6 or 7 may be ex
changed for the new bonds provided
they are presented on or before March
27. Interest on the old bonds ends
after that date.
Gov. Eccles of the Federal Reserve
Board told the House Banking Com
mittee yesterday that he does not be
lieve it would be practical at this
time to abandon the present banking
rystem. Instead, he favors a greater
degree of "conscious control" over the
system now In operation.
·
U. S. TREASURY POSITION.
By the Associated Press.
The position of the Treasury on March
18 was: Receipts. S143.OiKI.U22; expendi
tures. S122 »rt.').057; balance. J2.149,
350.020: customs receipts for the month.
$18.780.447- _ ,
Receipts for the fiscal year (since July
li. #2.β41 163 340: expenditures. S4.905 -
708.824 (including S2.526.120.131 ot
emergency expenditure»!: excess or *x
fendtturei. $2.204.646,483; told assets,
'562,893,448.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE;
Prev.
High.
7i,
33'a
11V4
115*4
1%
20 V»
1U
6%
141
17%
3%
57
1814
54
29%
123
20' i
60%
761 j
33%
10%
88%
3
5 H
23%
5%
25*4
32' a
4%
6*4
20»,
56%
23s,
7',
17',
3»,
13'.
15'.
16'»
24
7Γ>%
6%
40%
112
1261s
69
133
18i.
70%
24%
107%
84%
86'*
19%
14%
60
9%
45%
6',
4 s,
38».
12%
19%
17%
41'.
6%
70%
6*»
13%
55%
86's
37V,
25%
43
110%
29%
14
5%
1P3S
Low.
4M
28%
8
104%
1
15%
1
2%
125
12
2',*
48',·,
13H
43
22%
110
10
38
66
22'. ίι
6 Μι
57%
1%
By private wire direct to The Star.
2:30 p.m
StocK and Sales—
Dividend Rate. Add 00. Hleh.
Low.
Adams Express.... 4 4% 4%
Adams Millie (2)... 1 30% 30%
Addressograph..... 4 10 9%
Air Reduction (3).. 5 105V, 105Vi
Air-Way Elec Appl. 1 1
Alaska Jun (tl.20). 13 16% 16%
Alleg Corp (k) 10 1
Alleg pf w$40w(k). 1 2%
Allied Chem (6).... 1127
Allls-Chalmers 5 14
Amal Leather 2 2%
Amerada Corp (2).. 8 51
Am Bank Note 4 16V*
Am Bank Ν pf'3 ).. 50s 54%
Am Brake Sh(f85c) 1 22V*
Am Can « f5) 9 114*4
Am Car & Foundry. 3 11%
Am Chain pf ? 57%
Am Chicle ( + 3%).. 3 74
Am Comcl Alcohol. 3 24Vi
Am Crystal Sugar.. 6 8%
Am Crystal Sug pf. 190s 84V,
Am Ensaustlc 1 1%
2 Am & Foreign Pwr. 2 2%
14 Am & For Pw pf (7) 4 14%
21. Am Hide & Leather. 1 2%
17 Am Hide & Leath pf 1 17%
30% Am Home Ρ (2.40). 4 31%
3% Am Ice Co · 1 3%
4% Am international... 4 5
9 Am Locomotive....
32 Am Locomotive pf..
18% Am Mch & Fv <80c)
5 Am Mach & Metals.
13%.· Am Metals
1% Am Power & Light.
8% Am P&-L $5 pf (1 % )
10% Am P&L J6 pf (1%)
10% Am Radiator
15% Am Rolling Mills...
66 Am Saf Rax (t5VA).
4'; Am Seating
31% Am Smelt & Ref....
103 Am S&R fir. pf U3).
121 Am S&M 7% pf (7).
63 Am Snuff (t3%)...
125 Am Snuff pf (6)....
12 Am Steel Foundry..
57% Am Sug (2)
18% Am Sum Tob <1)...
98% Am Tel & Tel (9)... 26
74% Am Tobacco (5).... 6
76% Am Tobacco Β (5).. 20 77
9 Am Type Fdrs pf(k) 10s 10%
7% Am Water Wks (1). 16 9
48 Am Wat W 1st (6).. 1 50
4% Am Woolen 4 5%
35% Am Woolen pf 12 37%
21, Am Writ Pap pf (k) 1 3
3 Am Zinc & Lead.... 1 3
34 Am Zinc & Lead pf., 1 31
8 Anaconda Copper... 18 8%
16V, Anaconda Wire..,. 1 16%
14% Anchor Cap (60c)... 2 14%
36 Archer-Dan M tlVi . 2 38%
3% Armour of Illinois.. 9 4%
60% Armour 111 pr pf (6) 1 63%
4 Arnold Constable... 1 4W
7%. Asso Dry Goods.... 1 9
37% Atch To&S F (h2).. 32 39%
74V, AtchTo&SFpf (5). 2 77%
20 Atlantic Coast Line. 1 21»,
21% Atlantic Ref (1 )... 7 22%
36 Atlas Powder (2)... 1 37%
106% Atlas Powder pf (6) 20» 110%
15 Auburn Auto 9 16s»
6% Austin Nichols 1 7%
3 Aviation Corp Del.. 6 3%
9%
32'a
20%
5 V,
15
2
ίο
11 %
11%
17%
68%
4%
33%
3 105%
1 126
1 64%
50s 132
9 13%
1 59%
2 19%
101%
75%·
1
10
15
6
3
21
12
1
2
14
1
2%
127
13ai
2%
50
16%
54
22U
113%
11%
57%
74
23%
8%
81%
1%
2%
14%
2%
17%
31
3%
4%
9%
32%
20%
5%
14·,
1%
9%
11%
11%
16%
68%
4%
32%
105%
126
64%
132
13%
59%
19%
100%
73
75%
10%
50
5%
36%
3
3
31
8%
16%
14%
38%
4
63%
4%
9
38%
76%
21%
22
37%
110%
15%
7%
3%
Met
Close. Ch*e.
4%
30% 4
10 -
105V, ι
Ι
16% +
1
2%
127 —
13% +
2% +
50 -
15% -
54
22VÎ
113%
11% +
57% - V2
74 -m
23% - %
8 V, - %
81% -3
1%
2U -
14%.
2v* 4
17% +
31 -
3% +
4% -
9% -
32% +
20'. +
5% +
14% +
1%
10 + V4
11% +1
11% - %
16%
68% - %
4%
32% -1
105 V,
126
64'a + %
132 41
13%
59% + %
19% + %
100% - %
73 -1%
75% -2%
10% + ·%
9 + %
2
5%
+ %
+ %
%
% I
w [
Hi
Vt
%
50
5V
37
3
3
31 -3
8% + %
16% + %
14% -
38%
4%
63%
4*4
%
Vi
H
%
%
■ %
39 - %
76% + %
21% - %
22
37% - %
110% + %
15% - %
7% + %
3% - Vi
6·%» 11 a Baldwin Loco < k ). . 3 I5* l5* Is».
26** S5, Baldwin Loc pf(k). « 9*4 9V» 9'* -
15 7'2 Baltimore & Ohio.. 10 8Vi 8U 8U -
17V 9V Baltimore & Ohio pf 1 10'j 10V4 lOVj +
7 5V Barnsdall Corp 4 6'» 6 6V +
44s. 37·, Bayuk Cigar Ib4).. 2 41 40s, 40V +
19 15V Beatrice CrelaSUc). 3 16V 16', 16',+
13', 11V Belding-Hem aâOc. 1 11"* 11»» 11*.
IT', 11". Bendix Aviation 4 12·» 12V 12";
17V 15·. Beneficial Loan 1%. 8 15V 15V 15V +
34V 21V Bethlehem Steel.... 25 23V 23'» 23'»
77V 55V Bethlehem Stl pf... 1 59', 59V 59', +1·, |
13V 9V Blaw-Knox 6 11 10', 11 + %
10 6'» Boeing Airplane.... 14 7V 6V 7
98 90 Bon Ami (A)(t5)... 30» 97 97 97 -V
25% 21V Borden Co (1.60)... 11 22V 21V 21V - V
34'» 28'« Borg Warner <1H)· 9 31V 31 31
30V 24': Brlggs Mfg 12) 20 26V 25V 25V
31V 23V Briggs & Strat (I).. 4 27s, 27 27 - ',
36V 32 Bristol-Myers t2.40 1 33 33 33 -t
96V 90 Bklyn-Man Τ pf <6) 2 92 92 92 -t- ',
6". 4V Brunswick-Balke.. 1 41, 4'i V,·· + -V
5V« 3!« Budd (EG) Mfg... 3 3% 3V 3*.
33 23 Budd (E G) Mfg pf. 120* 27V 24V 27V + IV |
4'i 2V Budd Wheel 5 2V 2V 2V — V»
IV 1 Burns Bros (Β).... 440» V U H — 4,
9v 3 Burns Bros pA .... 70s 4 4 4
15V 13V Burr Add M '60c).. 2 14 13V 13V - V
22'.i 12 Bush TrBIdg pt ct. 60s 13 12V 13 + V
20V 11H Byers (A M) 3 12'i 12V 12V4 + V |
60 32 Byers (A M) pf 60s 35V 35V 35V +3!*
42V 36'·.· California Pkgt ) 1 38"» 38V 38V
IV V Callahan Zinc 5 ν ', ν
4V 2V Calumet & Hecla... 10 2V 2V 2V
11V 7'.·, Campbell-Wyant 5 8V 8 8
16V 9V Canada Dry G A (1) 5 lot» 10 10
13V 9V Canadian Pacific... 12 9V 9V 9»»
36 32 Cannon Mills (2)... 3 32'·, 32V 32V,
7V 4'. Capital Admin <A) . 2 41, 4'·, 4'·,
90 87V Car Clin & Ο sta (5) 70s 86 85 86
63 45V Case (J 1) Co 10 48", 47% 48V
44 36'., Caterpillar Trac(l). 16 39V 38'» 38V
35V 19V Celanese Corp 8 20V 20 20
25'., 12 Celotex Co pf <k)... 50» 13 11% 13
27V 22V Cent Agulre <1%).. 4 25 24V 24'
47 38VCerro de Pasco (2). 6 42', 42 42 — V
6V 3V Certain-teed Prod.. 3 4 4 4
45V 37V. Chep & Oh?o <2.*0). in 38·, 3gi. 38L, + ι»
2Vt V ClilGt Westn (k).. 4 *« V ν
3 IV Chi Mil St P&Ρ 6 1W 1^ IV + V
4% 2 Chi Mil St Ρ & Ρ pf. 9 2\ 2 2 - V*
SV 2V Chi & Northwestrn. 11 3 2V 3
7V 4V Chi Pneumatic Tool 4 5V 5 5V« + V«
29V 25', Chickasha CO (2). 2 26V 26V 26V -f V
42', 31 Chrysler Corp (1)... 90 33V 33 33V. + V
22V 20 City Ice* Fuel (2). 1 21 21 21
96 87 City lce&Fpf 6%·· 10» 91 91 91 + h
IV V^City Stores (k) 9 tj V ν
V V City Stores ctfs (k) 1 V V V
ISO·, 161V Coca-Cola <«) 15 188 183V-, 188 +7V
57V 55',, ^oca-Cola <A) )(3). 2 57Vt* 57 57 —
103',, 101 lg-P-P pf (6).... 2 104% 104V 104V -1
15*i 9 Collins &Alkman... 1 9V 9V 9V
85 69V Collins & Alk pf (7) 20* 69V 69V 69V - V
5',, V, Colo Fuel & lron<k) 6 IV IV IV
28V, 5 Colo Fuel &Irpf(k) 30s 11 11 11 +1
19V 10V Colo & South 20s 13 13 13
7V 3V Col Gas & Elec..... 13 4 V 4V 4V + V
59V 35 V Col G & Ε pi A (6).. 8 45 42V 45 +4
45V 34VColum Pic vtc (ml) 2 41V 41 41
79% 67 Columb Carbon (4). 1 73V 73V 73% +
47V 39V ComclCredit (2)... 8 42 41V 41% +
32V 29 ComclCred pf (1%) 60s 30V 30 V 30V +
33 29V Comcl Cred <B)<2). 40» 30% 30V 30V +
62V 56V Comcl Inv Tr t2H· 5 58Vi 57V 58V +
23Τ» 17V Comcl Solv (t85c). 9 18V 18V 18V
IV V Comw & Southn.... 38 V V % +
40V 29V Comw & Sou pf <S>. 4 34 33V 34
34V 27 Congoleum-N(1 60). 4 28 27 27
10V 9 Congress Cigar 1 9% 9V 9V4
7V» 4V Consol Film 3 4V 4V 4V +
22% 17V Consol Film pf (52). 9 18V 18 18 +
22V 15V Consol Gas Ν Ϊ (1). 38 17V 17V4 17V
82 72V Consol Gas pf (6).. 2 76% 76'/, 76V +
8»« 6V Consol Oil (h42c)... 7 6V 6V 6V
IV. V Consol Text) 1·. ... « 4 V V. 14
13V 9V Container Corp (A). 3 10·» 10V 10V —
5V 3V Container Corp (B). 3 3% 3V 3V
6% 4VContl Baking (A)... 1 4% 4V 4V +
1 VContl Baking <B>... 1 V V V
73V 62V Contl Can (2.40).... 11 67 66·,i 66 Vj +
34 28"4 Contl insur (tl 35). 2 29% 29V 29V +
1% V Contl Motors 10 % % % +
19',» 15V ContO(Del)al2%c. 20 15V 15V 15'/*
48'-, 41V Corn Ex BK&Tr 13) 110» 43 43 43
68 62 Corn Prod Ref (3).. -5 64V4 63V 63V
6V 4VCotylnc 4 4V 4V 4V—
39V 35V Cream of Wbt t214. 2 38V 38V 38V - V |
15V 12V Crosley Radio 6 13V 13V 13V +1
28 23', Crown C&S (1)...» 2 24 24 24
5H 3V Crown-Zellerback.. 2 3% 3V 3%
25V 14 Crucible Stsel 2 17 16 16 +1*
7V 5V Cuban-Am Sugar... 16 6 6
58 40V Cuban-Am Sugar pf 40* 55V 55 55 — V
22V 15 Curtis Publishing.. 5 17 16 17 +»
3 2 Curtiss Wright 37 2V 2U 2V
10V 6Vi Curtiss Wright (A). 15 7V 7V 7V - V
20V 16 Cutler Hammer.... 1 16V 16V 16V + *
31 22% Deere ft Co
22% 19 Deere&Co pf (J20c).
43% 24 Delaware ft Hudson
19U. 11 Del Lack & West...
4% 1% Denft RG W pf....
78 65 Detroit Edison <4).
117 114% Devoe&R 1st pf(7)
41H 34% Dome Mines (2)...
12% 8% Dominion Strs<1.20)
24*t 171/4 DouKlas Aircraft...
Duplan Silk pf (8).
99% 86% Du Pont de Ν <2.«0)
129 126% Du Pont deb « 6 )...
23 22 Durham Hos pf(j2)
123% 110% Eastman Kod (6)...
20% 16% Eaton Mfff il)
7% 3*4 Eltington-Schlld.. .i
29 19% Electric Auto Lit·..
110',i 107 Elec Auto Lite pf Τ.
6Vh 3% Electric Boat
3 1% Elec Pwr ft Light..
7% 2% Elec Pwr&Lt $6 pf..
8% 3 Elec Pwr&Lt }7 pf.
49% 39% Elec Stor Bat (2tt).
14 7% Erie R R
23Vi 16% Evans Auto (a75c).
5 3 Exchange Buffet...
9H 4 FalrbanJce Ce pf..
24*4
24
24% +
%
2114
21
21% +
%
25V»
25
25 -
%
12Ή.
12
12 -
%
1%
1%
1%
66 %
66
66
116%
116%
116% + %
39%
39
39 -
Κ
9
»
9 +
%
19*4
19%
19% -
%
103
103
103
88%
87%
87% -
%
128%
128W
128% +
%
23
22%
22% -
%
H?"/*
116*4
116% -1
17%
17%
17% +
%
3%
3%
m -
%
20%
20k
20V4 -
Vi
110
110
no
4%
*%
4% -
%
1%
1%
1%
4%
4%
4% +
%
5 V4
S
δ + %
40
40
40
8
7%
7% -
%
18%
17%
18 +
%
8
3
3
4M
4%
4% +
M
4
2
2
4
2
4
10s
2
1
11
20s
16
3
70s
2
S
2
6
30·
3
7
2
4
1
2
4
100*
80·
STOCK AVERAGES
Compiled by the Associated Press.
30 15 15 60
Indust. Ralls. Util. Stocks.
Net change +.1 + Λ +.1 +.1
Today, 1 p.m 50.3 19.2 22.4 35.6
Previous day 50.2 19.1 22.3 35.5
Month ago 54.7 22.9 22.8 38.8
Year ago 55.2 36.6 34.8 45.4
1935 high 56.6 27.6 26.6 41.6
1935 low 49.5 18.5 21.6 34.8
1934 high 61.4 43.0 40 6 51.4
1934 low 45.3 22.8 24.2 34.9
1932 low 17.5 8.7 23.9 16.9
1929 high 146.9 153.9 184 3 157.7
1927 low 51.6 95.3 61.8 61.8
2:30 D m
Prev. 1835 Slock and Sales— Net.
High Low Divldi nd Rate. Add OO Hleh Low. Close. Chge.
24ià 17 Falrb?.nks-Morse.. 2 21% 21 21 - %
91 71% Fairbanks-Mrs pf.. 60s 87% 87% 87% - 2 '»
7% 5% Fed Lt & Trac I S% 5% 5% + S
1% U Fed Water Svc (A). 2 % ?» %
20% 17 Fed d D Stores (tl) χ 1 17 17 ' 17 - Vi
34% 28% Fid Ph F lnsi tl.35 ) 1 29% 29% 29% -t- %
18'h 13',» Firestone <400.... 2 14% 14% 14'»-'»
94% 85 Firestone pf A (6).. 2 89». 89% 89% f2%
56 46·*; First Nat Strs<2%) 1 48% 48% 485* — H
17% 9^h Foster-Wheeler 1 11 11 11 ■+ !»
77 60*» Foster-Wheeler pi. 10s 62% 62!» 62%
13»·» 8% Fox FtJm (A) 1 S»»* 9% 9% + U
26 17% Freeport-Texas (1 >. 11 18% 18'» 18·τ,
2% 1 Gabriel Co (A) 2 1% 1!» 1'»+ %
9% 8 Game well Co 10s 8 « »
'<S 5% Gen Am Investors.. S 6 5", 5'»
38% 32s» Gen Am Trans(l«4) 4 34% 33% 34'.*,+ V
18'. 11*« Gen Asphalt 4 13% 13 13
9% 7%Gen Baking (60c).. 2 7% 7'* 7'»— %
7;» 5V, Gen Bronze 1 5% 5% 5V»— %
3% 2<« Gen Cable 3 2 2 2 — %
63% 601» Gen Cigar (t7) 3 63 61W 51*4 -1*
134% 127% Gen C'gar pf (7)... 30« 134 133% 133*4 + %
25V. 20% Gen Electric <«0e).. 4β 21Η 21'» 21·,+ %
llV» 11 Gen Klec spec (60c) 1207a 114, 11', 11 Vit
35'» 32(4 Gen Foods 11.80»... 14 33'., 32'» 32',-*»
% % Gen Gas & El (A).. 9 % '4 %
13*» 10 Gen G&E 67»cv pf A 1 11·» 11'» 11% + %
14 11 Gen G&E 7Γ. pf A... 5fls 11% 11*. 11%+%
34% 26*» Gen Motors ( 1 ) 4fi 28 27% 28
113 107% Gen Motors pf (5).. 1 112% 112*» 112%
3% 3% Gen Outdoors Ad v.. 2 31» 34* 3*,
13 1'» Gen Outdoors AdvA 2 10 10 10
24'. 17?» Gen Print Ink 1.20.. 60s 24 23 24
30 15'» Gen Ry Signal (1).. 1 19!» 19% 19V*
19'» 14% Gen Real&U pf ww„ 2 15 14*4 14%
20% 16*4 Gen Refractories... 4 19 18*4 181»
19'» 16% Gen Refracctfs.... 2 18% 18',« 18',»
15»/» 12 Giilett Sat Kaz (1).. 16 13% 13!-» 13!»+ ·%
77% 70H Giilett Sar Rpf(5). 4 74 7314 74
27T» 23*» Glidden Co (tl.30>. 2 25% 25 Λ — %
108% 104', Glldden Co pr pf (7) 30e 107 107 107
4% 2%Gobêl (Adolf) 13 3 3
18 15'4Gold Dust (1.20)...1 9 15'i 15'» 15*4 — %
11% 7'» Goodrich (B F)..... 1 8 8 8 — %
54!» 40 Goodrich (B F) pf.. 3 42 41% 42 1
26'* 15*4 Goodyear Τ A R.... 11 1714 16% 16%— '»
92 71 Goodyear $7 pf (4). 8 72 72 72 -1
5'j 2*< Gotliam Silk Host.. 2 2*. 2% 2*4
7»/« 5% Granby Consol..... 2 5% 5% 5%+ %
5 2% Grand Union 2 2% 2% 24»+ %
35% 29 Grant ( W T) (tl VA ) · 1 28% 18*» 28%- ί.
3% 1*» Graham-Paige..... 1 1% 1*4 1%
17% 9"» Great Northern pf.. 9 10l, 10 lu — %
31% 26% Grt West Sug (2.40) 10 30% 30 30 -%
6'i 31» Hahn Dept Stores. . 21 41» 4 4'* + ?
7% 4 Hall W F Printing. 2 4 4 4
75 63 Hamilton Watch pf 20g 66 66 66
86% 81 HatCpf ww (6V4>. 60s 83'* 83V4 83's-1
132 127 Helme (G W) til?* 1 130 130 130 - ι
77% 71 Hercules Pw (t3i*) 3 7m 711 j 71 '2 — '
125 122 Hercule· Ρ pf »7).. 20* 124V* 124 124'*
107'» 104 Hershey C pi (t5).. 1 10V 107 107 + »
9!* 5*» Holland Furnace... 1 6'» 6'» 6'»
11 7 Holland & Son (50c) 4 7k> 7 71* + V
36»» 30% Houd-Hersh A (J2). 1 31s» 31»» 31**-'.
9% 6'ï Houdaille-Hersh B. '7 7'* 6!» 6% —
17s* 9'» Houston Oil 4 10"» 10 111V*
3"» l'a Houston Oil (new) .i 7 2% 2 2
52'» 43 Howe Sound (3).2 45% 45 45
5% 2% Hudson & Manhat.. 2 3% 3 3V. — ι
13'j 6'.· Hudson & Alan pi... 1 6», 6», 6>, + ν
12** 8 Hudson Motor Car.. 3 8'3 8*. 8%
3% 1% Hupp Motor· 2 2 1% 1% - V
17V* 9'a Illinois Central.... 3 10V* 9% 9T« - %
33 25% Indus Rayon (1.61). 8 26% 26H 264 - V»
70',» 60'.. Ingersoll-Kand «2). 1 61 61 61
55V* 46'a Inland Steel (1).... 5 -47** 47 47 — V»
4% 4 lnsur Sh Ct Md He.. 5 4% 4% 4% + i,
7 4'* Interlake Iron 1 4'» 4'* 44
5 2% lnt Agriculture.... 4 2% 2** 2*» — S
6** 3®τί» Int-Carners L.td 20c ϋ 4 4 4
33 227* lnt Cemtnt (1) 2 24 24 24 + Η
43% 34U lnt Harvester (60c) 8 3t>'i 36 ÎJ6V» + V*
142'a 135 lnt Harvester pf (7) 1 139V, 139V* 139k - ·>,
2"» IV* lnt Hydro Elec < A). 7 1% IV* IV
24's 22% lnt Nick Can < 60c). 16 23V* 227» 22%—',
3 1% lnt Paper & Pw (A) 1 1'/* 1% IV*-* %
12 4% lnt Paper & Pw pi.. 2 5% 5V* 5*» 4- %
45'. 42V, lnt Shoe (2) 3 43 42% 43 + »,
75'» 65 lnt Silver pf (4)... 70s 61% 61 6Hi -3»,
9"* 5% lnt Tel & TeJ 34 6'-* 5?» 6
12% 9 Interstate Dept Strs 1 10 10 10 + V»
57% 38'-.' Johns-Man ville.... 14 40*, 40'» 40'»- %
116'a 115\ Kan C P&L 1st pf 6. 10* 115", 11514 115'» +
13% 6s» Kans City South pi. 3 7% 7 7
13i, 7'ι· KauImannDeptS40o 1 9% 9% 9's —
19 15*» Kayser(J )& Co 60c. 4 16% 16». 16%
2% 7» Kelly-Spring Τ (k). 3 111
8% 3', Kelsey-Hayes <B>.. 11 8,« 8'v 8*» +
18', 14", Keivinator < t70c).. 2 loi* 15K 15'» +
18% 13*» Kennecott C (60c).. 21 147» 14% 14"»» —
38 26's Kinney (G R) Co pf 20* 26'a 26v* 26'*
65 42 Kresge Dept Strs pf 20* 61 60 60 -S
22 19»* Kresge (SS 1(1)... 5 20», 20*» 20% +
28V, 231, Kroger Gr&Bk 1.60. 2 24'» 24 24 -
28<4 26·» Lambert Co 41) 3 26', 26'a 26Η - ι.
12'» 8',j Lee Rub&Tire (50c. 1 9>a 9'3 9% +
17% 10% Leh Port Cement... 2 12 11*» 12 +1
12'a 6'2 Lehigh Val Coal pf.. 1 7 7 7 + '
Ills 5 Lehigh Valley R R. 3 6% 6 6 - >
74% 67'4 Lehman Cp(t2.65).. 1 6Sis 68% 68% + V
32% 23% Lib-O-Ford GK1.20) 12 24 23% 24 + '
23 21 Life Sa ver (1.60)... 6 21% 21% 21',a + '
107K· 102 Ligg & Myers (t5). 5 102 100 100 -2
109% 102 Ligg & Myers B(t5) 22 103Vi 99V4 100 -3
19', 16% Lily Tulip Cup(lV4) 1 17% 17% 17%+'
24% 13'- Lima Locomotive... 1 14% 14% 14%+ «
30% 24% Liquid Carb (tl»4). 4 25% 25% 25% - V
22 17% Link Belt (60c)...., 1 19 19 19
36% 31V* Loew s lnc (I) 10 34% 34',> 34H — >
104% 102 Loew'e lnc pf (6%) 1 104% 104% 104*» + V
1% 1 Loft lnc 11 1 1 - V
36% 33%Loose-Wiles (2).... 1 34% 34% 34%
21% 19 Lorlllard Ρ (Ϊ2.20). 17 20 18% 19 - *,
14% 10% Loulsv G&E(A)1%. 2 11% 11% 11% + V
18V* 13 Ludlum Steel 1 13% 13% 13%- V
46 40 MacAndrews & F tî
13 7Vi McCrory Strs Ajlk)
12% 7 McCrory Strs Β (k)
45% 36% Mclntyre Porcu (2>
99 90% McKeesport Τ Ρ (4)
8% 6% McKesson & Rob...
45 37 McKesson & Rob pf
15** 9% McLellan Stores (k)
28 Vs 21 Mack Truck (1)
44' 4 34H Macv <K H CO<2>
7% 5% Madison 5q Garden
22'* 18% Masma Copper < 2 ).
19% 7 Mallison & Co pî...
6% 4 Manati Sugar pf <k)
22 13V4 Man Elev m κ (k) . .
13'/«, 11 Manhat Shirt (60c)
S'a 4% Marancha Corp....
6% 5% Marine MidVd (40c).
7 3*4 Market St Ry pr pf.
11% fiH Marshall Field
32 23% Mathieson Alk(l%)
44 36'» May Dept Str (1.60)
7 5% Maytag Co
45*» 41 Melville Shoe(t2%)
5% 3 Mengel Co
38% 22 Mengel Co pf
32 24K Mesta Mach (1 % )..
12% 914 Mld-Cont Pet(h50c)
70 60V4 Mldl'd Stl lstpf(8)
72% 58 Minn Hon R (tl%),
5% 3% Minn Moline Pow...
% % Minn & St L (k)....
6% 2% Mo Kan & Texas. ..i
14Va 6 Mo Kan & Texas pf.
3 1% Mo Pacific (k)....«
4 1% Mo Pacifls pf (k)...
60 Va 55 Monsanto C (1)... .
30% 21% Montgomery Ward.
% % Mother bode
289* 17% Motor Products....
11% 7% Motor Wheel
59 36% Mullins Mfg pf....
8 4% Murray Corp
19% 12% Nash Motors (1)...
'7% 4% Nat Acme Co
30% 25% .Nat Biscuit 2)....
18% 13% Nat Cash Keg A 60e
17% 14% Nat Dairy Prod 1.20
4% 1% Nat Dept Store (k).
34% IT/* Nat Dep St 1st pf (k)
29'.« 24% Nat Distillers (60c)
29 23Va Nat En & Stpg <hl ).
157% 150 Nat Lead pf (A) (7)
7% 4% Nat Pwr & Lt «S0c)
50Ά 40% Nat Steel (tlΗ).··-·
14% 9 Nat Supply Co
47% 37% Nat Supply pi
11% 8% Nat Tea (60c)
1131» 109 Newberry ( J J)pf (7)
8 4% Newport Industrie·
21% 12% Ν 7 Central R R...
% % Ν 7 Investors (k) .a
4%
43%
43% -
1%
9%
9V4
9% -t
%
8%
8%
8%
45%
44%
44% -
%
94V4
94V4
94 V4 -
%
7
6%
6%
41
41
41
10%
10%
IOV4 +
%
21%
21%
21% +
%
35V4
34".
35 —
Vt
6
5%
5% -
%
20%
20'a
20% +
%
au
8%
8V« +
%
5
4Vi
4% -
%
15
14%
14% +
H
10%
10%
10% -
%
4%
4%
4%
5%
5%
5% +
%
3%
3%
3*4
7%
714
7i*
24%
24%
24% +
%
37%
37%
37% -
%
6%
6%
6% —
%
42
42
42 -
%
3V4
3Vi
3 k· +
%
21*i
20*4
31% -
%
29
28%
28 Va —
%
10
10
10 -
%
62
62
62 +
%
71%
7114
71% +t%
4%
4
4% +
%
%
%
% —
%
3
3
3
7
7
7 +
%
1%
1%
1% +
%
1%
1%
1% -
%
57%
57V4
57% -
%
23%
23
23% +
%
%
%
% +
%
18 V*
18
18% +
%
7%
7%
7% +
%
50%
49%
49% +
%
5**
5V*
5% +
%
1314
13%
13% +
%
4%
4%
4% -
%
25%
25'/4
25% —
%
14V»
14%
14V*
14%
14'»
14% -
%
1%
1%
1% +
%
19
18%
18% -
%
28K
26%
26% -1%
25
25
25 +
%
158 158 158 +1
5% 5% 5%
41% 41 41
9* 9% 9%
37 36 36 -Hi
9 9 9
112 112 112 β
5V4 5 5 "
13% 12% 12% - %
% % %
1
15
5
15
1
3
2
2
6
β
2
2
20s
40 «
7
2
12
1
60s
1
9
2
1
4
1
80*
8
1
10s
2
8
1
3
2
1
6
4
65
a
2
2
220 s
12
4
1
11
. 1
45
1
70s
123
1
1
9
6
1
20«
1
10s
2
23
2
2:30 p.m
Prev. 10.15 Stock and Sales— Het
High. Lor. Dividend Rate. Add 00. High. Low. Close. Ch»e.
8% 2ÛNÏNH & Hartford 3 3% 3% 3% - V*
14% 6 Ν Υ Ν H & Hart pf. 3 7 6% 6Và
6 2Ή, Ν Y Ontario & West 3 3 2% 2%
' 16H 6% Ν Y Shipbuilding.. 7 8% 7% 7%
85 75% Ν Y Steam pf (6).. 50» 71H 71Î4 71V«
97» 90 Ν Y Steam 1st (7).. 10s 92 92 92
36% 30% Noranda Mines <h2) 5 34% 34 34
lom 99 Norf & West pf (4) 10s 101 101 101
4 2 North Am Aviation. 3 2·% 2(4 2%
13H 9 North Am Co (1)... Γ5 10% 9% 9»,
42% 35% North Am Co pf (3) ?. 37% 37% 37%
69 57 North Am Ed pf (6) 1 62 62 62
21'i 13% Northern Pacific. .. 16 14V4 m 13»,
32'/- 25 NorwalkT&Rpf 3\zx 10s 20 20 20
10% 9ν» Ohio Oil <h45c).... 4 9% 9% 9%
4H ^'/Oliver Farm Equip. 2» 2\<i 2'a 2'a
26% i:% Oliver Fprpf Α.... 2 17% 17 17
15% 12% Otis Elevator <fi0c) 43 13% 12% 12».
11014 106 Otis El"?v pf <6) 10s 112 112 112
90% 80 Owens-Ill Glass (4) 7 86 85 85·,
14% 13% Pacific G & Ε <1). 42 la 14% 15 + %
23% 19 Pacific LlKhtinf» (3) 5 21 "i 20% 21% τ 1'.
77 70 Pacific Tel & Tel <6) 250· 77 76 16 - Vi
8% 7 Pac W'n Oil (h40c). 1 7>,j 7·i 7%
5% 3·, Packard Motor 20 3% 3% 8% + Ά
4'. 2% Par-Publlx ctfs (k) 18 2% 2% 2%
3% 2% Park Utah 10 2% 2% 2%
1% !i Pathe Exchange 6
17V* 11% Pathe Exchange(A) 7 12% 12% 12%- .
12Vi 8% I'atino Mines S 9% 9% 9%+ U
1% 1% Peerless Motor 2 1% IN l'«
70 64% Penlck & Ford (3).. 2 67% 6i 67 — %
74 64% Penney (J C) <î)... 4 65% 65% 66% + %
25% 17Vi Penn H H ( 1 ) 12 l«Vx 17% 17% - Vi
23% 17% Peoples Gas Chi.... 3 1!· I9 19
32 16%. Pc-re Marquet pr pf. 1 19% 19%. 19% 4 Vi
9% 7% Petrol Corp (h50c). 3 7% 7% 7%
16% 12% Phelps Dodce<h75c) 6 13% 12% 12%-%
4% 2 Phila & Head C & 1. 8 2% 2% 2*4 — M
46% 35% Philip Morris (1)... 4 38 35% 36% -Ha
16 13% Phillips Petrol (1). ΣΟ Ιό'* 15 15
IV* % Pierce-Arrow <k)... 29 % % %
1% % Pierce Petroleum.. 4 % % %
33% 31% Pillsbury Flour 1 60 1 32 32 32 4 Vi
9 5% Pitts Screw & Bolt.. 2 5% 5% 6% — '■
2% 1% Pitts Term Coal.... 1 l1» l'« l1·* — "i
2'ι l'j Pitts United Corp.. 1 l't 1'* IVi — '1
8% 6% Plymouth Oil <1)... 4 7 6% 7
11% 6% Poor & Co ( Β) J 6%. 6% 6%+ Vi
4% 1% Porto Ric Am Toh A 4 1% 1% l'« + '■
16% 8% Postal Tel & Ca pf.. 1 9% 9% 9% - ·>
17 6% Pressed Stl C pt (k) 1 7% 7% 7% + *.
49··» 42% Proc & fiamb < 1 Vt ) . 7 46% 46% 46·% — *1
120!. 115 · Proc & Gam pf (S).. 60* 120 120 120
27% 20% Pub Serv Ν J (2.10) 14 22% 22% 22%
71 62% Pub Serv Ν J pf ιό) 2 66% 66% 66% 4- 'i
86 73 Pub SvcNJ pf <S>. 2 76% 76 76 ·+- 7,
93 85% Pub Serv Ν J pt <7 ) 5 87%· 87 87% -1 2:.'i
52% 41% Pullman lnc (3).... 5 42% 42 42
7% 6 Pure Oil 5 6 6 6
61 49% Pure Oil pf 10s 50 50 50^ 4 *.
10% 8% Purity Bakeries (1 ) 2 8% 8% 8% - !i
5% 4 Radio Corporation. 38 4'. 4 4'<■
62'a 50 Radio Corp pf Λ 3 Η » SI-»- 51 51S. -f
45'a 35', Radio Corp pf (Β).. 39 38'a 36s, 38'a -r'.
2% l'« Radio-Keith-Or ck) 4 1-, 1', 1%
21 16'a Raybestos-Man *1). 2 16"» 16'.· 16'a
11!* « Reminston-Rand.. 2 fcVa tvS» tt'w
83'» 71% Remington-R 1st pf 1 76 76 76 —]
3% 2'* Reo Motor Car 3 214 2% 2%
15% 9 Republic Steel » 13 10 9% 9%
49>a 281» Republic Steel pf... 4 30% 30 30 —
24% 20'. Reynolds Metalsl). 3 21'* 21 21'*
14". 124k Reynolds Sp 40c)... 2 12% 12'* 12',
5IS. 46 Reynolds Tob Β (3 > 45 46', 44% 45 -]
26 217» Roan Antelope Ltd . 2 22 22 22
32% 29% Roy'l D hi.35 3-1 "c. 2 30V* 30'* 30!* +
46 37'.. Safeway Storest 3 ).
17*» lf)'i Sit Joseph l.d * 40c > ·.
2% 1'* St L San Fr pi (k)..
8% 6 Savage Arms
28'a 22 Schenley Distillers.
4 2 Schulte Retail Sirs.
201 * 10' ^ Schulte Re Strs pt.
% % Seaboard Air L (k).
267» 20»» Seab'd Oil < Del)» fl )
40'j 31 Sears Roeb'k (7"ic).
9% 7% Sen el inc
5'» 3'« Sharp & Dnhme
9'» 7% Shattucki F G)25c..
7% 5% Shell Union Oil
10'* 6 Simmons Co
8 6" j Skelly Oil
21'. 13*. Sloss-Sheflield
20 16% Snider Packing....
14% 11 Socony-Vac < 6oc)..
111V» 107% Sol Am Inv pf(5%)
25 20 Sou Por KicoSubiZ)
12% 10% SouthCtl Ed 1%).
ll* 1'* Southern Dairies B.
19V* 12*. Southern Pacific. ..
16% 7r*« Southern Railway..
20% 10 Southern Rwy pf...
δ** 3U Sparks-Withington.
36 33 Spencer Kellog 160
9}» 7'. Sperry Corp <25c). .
11% 8'; Spicer Alfg
79'ι 54% Splegel-May-Stern.
19'» 14% Stand Brands <1 ) . .
126*. 123 St*nd Brands p£ (7)
4% 2% Stand Com Tobacco
4% l'a Stand Gas & Elec...
5s. 1% Stand G& Ε Î4 pf...
12% 4% Stand G&E $6 pi...
16 6 Stand G & Ε ïî pf..
32% 27% Stand Oil of Cal ( 1 >.
113% 111 Stand Oil Exp pf (5)
25'a 23 Stand Oil ot Ind 11 )
43'a 35», Stand Oil Ν J 4 Τ1 % )
64% 58% Sterling Prod (3 80)
1% 1% Sterling Secur (A).
9'* 6s* Stewart- Warner...
1 38V, 38', 38'. + '<
β 12 11*. 11*. -t i.
1 1'* IV» IV,
18 8% 8 8% +
6" 26% 25Vi 25%
1 2V4 2% 2', -
20» 111 a 11% lit*
5 % % '.· + Vt
2 21», 21», 21*, τ V<
15 35 34'-, 34*. ■+■ li
5 7% 7*, 7*, ■+- '»
1 3% 3% 3%
5 7*. 7*» 7*.
8 ;V'» 5*» ft'1,
6 6'. 6 ·, 6*4 -f
2 71 a 7% 7%
10s 13 13 13 - *,
2 17% 17V* 17', — l.
40 13 12'a 12% τ S
1 110'.· 110', 110% + 's
8 22% 22't. 22V. -
2 11*4 ll", 11** -r '/*
10s 1% H* IV*
21 13% 13', 13*» - %
9 S*, 8% 8%»
2 111* 11% ID* - %
1 3 % 3 Va 3V4 — H
3 35 34'2 35 +1
15 W 7*. 77i. -r
J 9 9 9 - b
2 59% 59 59
40 15% 14% 15
10s 127'.. 127', 127'a -l'~
1 3% 3% 3% + '■>
4 2% 2·« 21* - '*
7 3L. 2% 2*. h
1 6 V* 6% 6'* + V!
3 8 7% 8 - Ν
14 29V* 29 29 Τ ^
3 114 113% 114 -r
17 23% 23*. 23*» - ·,
17 37' a 36% 37% + 7,
3 62% 62'ι 624
1 1% 1% 1%
7 7 V* 7 7 — %
2:30 p.m.
Prev. 1035 8tock and Sales— Bit
High. Low. Dividend Rate. Add 00. High Low. Close. Ch«*.
6 2% Stone & Webster... 3 3 3 3 +%
3 2% Studebakar (new).. 16 2% 2% 2».
68'/·.. 61% Sun Oil CI) 5 61% 60»» 60%-It4
120 115% Sun Oil pf (6) 20* 120 120 120 + ·',
2V« 1H Superior Oil ι 1 1% 1H IS — Ά
9% 5 Superior Steel 3 6% 5% 6% + Η
2»* 1% Symington (A).... 1 2% 2',* 2%+ %
5% 4 Tennessee Corp.... 2 4V4 4 4
21% 16% Texas Corp (1)....-. 5 17% 17% 17%
36% 30'i Texas Gulf Sui (2).. 2 31% 31% 31%
4% 3% Tex Pac Coal & Oil. 3 3% 3% 3% +
11 8',i Tex Pac Land Trust 7 10% 10!4 lOVi
4'i 2% Thermoid Co 1 2% 2% 2% +
6 5% Thomp'n(JR) (50c) . 1 5% 5% 5% —
17% 13% Thompson Products 14 15% 14% 14% +
31i 1% Thompson Starrett. 1 1% 1% i% _
10 7% Tide Wat Asso Oil.. 7 8 7% 7% -
8814 84 Tide Wat A Ο pf<«) 1 86% 86'» 86', +1%
27'a 27% Tide Wat Oil (a35c). 10s 26% 26% 26%—%
7V« 4"1 it Tlm:-en-Detrolt.... 1 5 5 5 — %
36% 28% Timken R Β (1).... 3 30% 29% 29'i — '
5% 4% Transamerica (25c) 17 5 4% 5 —
8% 5% Transue & Williams 1 5% 5% 5%+ J
3% 1% Tri-Contl Corp 3 2% 2'/» 2%-',
6 3% Truscon Steel 3 3% 3% 3%-'
27% 18 Twin City R Τ pf... 40s 19% 19 19 - V
14
50'2 41% Un Bag & Paper (4), 2 42V* 41% 42Vi
49 44 Un Carbide&C 160.. 18 46% 46 46
16% 14% Un Oil of Cal (1)... .1 16% 16',i 16'.
111',a 83'» Un Pacific <6) 5 86% 86 86
88% 79!a Un Pacific pf (4)... 1 81% 81% 81%
26'» 20·» Un Tank Car (1.20). 2 23% 22% 22%
15% 9·» United Aircraft *30 lit, 11 11%
6% 4% United Air L vtc.... 13 5% 5 5
26% 23',i United Bisc (1.60).. 4 24 23% 23%
53'» 46 United Carbon 2.40. 3 49% 48 ·. 48% +
3 l'a United Corp 16 1% 1% 1% -r %
29% 20% United Corp pf 25 23% 22% 23% -r %
13% 9% United Drug 5 10% 10 10
7'a 3% United Elec Coal... 4 4% 4% 4%+ %
81% 71% United Fruit (J)... χ 13 78% 78% 78%.+ %
12% 9% United Gas Imp (1) 13 10 9% 9%
5% 2% United Pce D W 1 2% 2% 2%-%
7% 4% U S & For'n Secur.. 1 4% 4% 4% — %
15',a 11 U S Freight (1) 1 11 11 11
53% 40% U S Gypsum (1).... 3 42% 42% 42% - 1%
148 143 USGypsum pf (7). 60s 145% 145%. 145%
45% 35% U S Ind Alcohol (2). 6 37% 36% 37%+ % |
6% 3'. US Leather 2 3% 3% 3% - '.
22 14% U S Pipe & F (SOc). 7 16 16 36
7 3 U S Realty & Impr., 3 3% :i% 3% — %
17% 9% U S Rubber 9 10% 10% 1(1%-%
42% 24% U S Rubber 1st pf... 8 26% 25% 26 - ·%
124% 106% U S Smelt & R Ih3). 3 114 113%. 114 -%·
69 62% U S Sm &R pfiî'/i). 2 68% 68% 68%·+%
40% 27% US Steel 48 28% 27% 27%-%
94 73% U S Steel pf (2) 2 76'a 75% 75%+%
130% 119% U S Tobacco (ΐ7%). 1 130 130 130 -rl%
7% 3% United Stores (A).. 2 4 4 4
59 51 Univ Leaf Tob (2).. 2 51% 51% 51%+%
40% 36% Univ Pic 1st pf 70s 39 39 39 —1%
2 1 Util Pwr & Lt (A).. 3 1 1 1 -%
IV» 1 j Vadsco Sales Corp..
21V 13-1» Vanadium Corp....
14'·» ilk Van Raalte ■
37'a 34k VickChem <t2.40).
4". 2'-i Va-Car Chemical
91 72i, VaEliPwr pf(6).
81k 67 Vulcan Detln (a4)..
7k 4'. Waldorf Sys (h20c)
31 27'» Walgreen Co (ml).
IV 1 '« Ward Baking <B)..
32V 28'.· Ward Baking pf (2)
4·'·» 2k Warner Bros Pic...
6!» 2'; Warren Bros ■.
14 8k Warren Bros cv pf.
28 22 Warren Fdy&P (2).
6 4 Webster Eisenlohr.
Ik 1 Wells Fargo
39 30Vi Wesson Ο & S tl U .
75 V 72 Wesson O&S pf M) ·
53 34 West Pâ Elec A <7)
54 36 West Pa Elec pf (6)
60k 39"» West Pa Elec pf (7)
102'* 95 West Pa Pw pf (6).
110*4 104k West Pa Pwr pf (7)
97» 5' j Western Maryland .
3*. Ik Western Pacific....
7k 2*. Western Tacificpf.
34% 20*» Western Union ....
27 lfe'a Westingh'se AB 50c
41 32% Westingh'se Elec .
99 90 Westh'se 1st pf 3lj
23k 16 V Westvaco Chi ( 4Uc)
18*. 67» White Motor
24 k 181/4 White Rock M S (2)
2V IV White Sewing Mch
6 White Sew Mach pf
1 Wilcox Oil & Gas
4'. Wilson & Coal2lsc
SI Woolworth (2.40)..
11». Worthington Pump
25k Worth Pump pf A..
35'ϊ Wright Aero
73V Wrigley<Wir)t3H.
9k
53·»
21k
44k
52'»
79'a
b
5
1
6
1
240s
100s
1
10
8
10*
110s
20s
20*
80s
20p
3
3
4
17
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10s
1
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11
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140s
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14'.
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36',
2"»
67
4 k
28k
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8*4
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75'»
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42*4
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98
108' „
6k
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2V
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97' ■.
17k
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5',4
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2k
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7
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14 k· + k
12*4 - '-4
36k - V
2k + '«
se
67 -2
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28 U
1%
30 + »,
2*4 + *6 j
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40 *4
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-46k +1
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108 k 4 k
6
m - v«
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15k -2V
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6
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53'. + »,
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27k rlk
41
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i 4k 2V ïellow Truck 6 2k 2V 2k + k
I 21 IS Young Sp A W UÎ4 2 19 19 19
21T4 13 Youngstown S&T.. 5 14V 13λ 14
4'» 3 Zonite Products—. 2 3*» 3*. 3*»— Η
Sale* of Stocka on the New York Exchange.
11:00 A M 130.000 12:00 Noon 200.000
1:00 P.M 270.000 2:00 P.M 320.000
Dividend rates as elven id the above table are the annuai
cash payments based on the latest luerterl* or halt-yeany
declarations
s Ur.it of trading less than 100 snares tpartiy extra zpius
ι 0"# in stock η Paid last year—no reaujai rate ο Payaoie in
stock e Payabl in cash or *tock t Plus $] in special preierred
I stock e Plu* 4% In stoci a Pair* this year 3 Accumulated
dividends k Companies reported in receivership or being reor
ganized m Plus 6*# in stock η Pius 3* in stock ρ Plus i."*
in stock τ Ex-didivend
SHIPPING VOLUME
UP AT BALTIMORE
Exports and Imports Increase
20.8 Per Cent Above Level
for January.
Special Dispatch to The Star.
BALTIMORE, March 20—Marked
improvement in business of the port
of Baltimore for February over tne
preceding months is reported by G. H.1
Pouder, director of the export and ι
import bureau.
A slump had been noted in Balti
more's foreign trade during January, I
Mr. Pouder said", but in February this j
trend was reversed and exports and ;
Imports were 20.8 per cent better than j
during January. An increase of 3.1
per cent was noted in February busi
ness over that of the same month in i
1934.
Foreign trade in Baltimore during
February was valued at $7.148,338,
compared with $5,919.162 for January
and $6,933,565 for February, 1934.
DECLINE TAPERS OFF
IN SECURITY LOANS
By the Associated Press.
Liquidation of bank loans against
securities has tapered ofi in recent
weeks. Total security loans of re
porting banks of the Federal Reserve
System in leading cities, however, are
nearly $500,000,000 behind a year
ago. accounted for almost entirely by
smaller loans to customers other than
brokers.
Comparative figures on total se
curity loans of the reporting banks in
91 cities follow:
Week ended March 13... $3.121.000 000
Preceding week .'1.125.000.000
Same week last year .Ί,δίΚί.ΟΟΟ.ΟΟΟ
FOREIGN EXCHANGES.
NEW YORK. March 20 (ΛΊ.—Foreign
exchange irregular; Great Britain in dol
lars. others in cents. Great Britain de
mand. 4.76Va: cables. 4.7«,2: <io-day bill»,
4.753a: France, demand, li.eo'd ; cables.
ti.HOV»: Italy, demand. S.31'2; cables.
8.31 Vi.
Demands—Belgium. 23.34; Germany.
40.':.i: Holland. 07.70; Norway, 23.98:
Sweden. 24.01; Denmark. 21.31: Finland.
2.12: Switzerland. 32.40: Spain. 13.08;
Portgual. 4.32Mi: Greece. .(13'·>: Poland.
18.80; Czechoslovakia. 4.19; Yugoslavia.
2.27'i: Austria. 18.8i!n: Hunzary 2!'.80n;
Rumania. 1.01; Argentina. 31.son: Brazil.
S.HTn; Tokio. 28.00: Shanghai. 38.35;
Hongkong. 47.85; Mexico City (silver
pesoi. 27.85: Montreal in New York.
98 87'2; New York in Montreal. 101.12'a.
U. S. TREASURY NOTES.
(Reported by Chas D. Barney & Co )
Rate—Maturity Bid Ofier
3s June 15. 1935. 101 7-32 1019-32
i»«S Aug. 1. 1935.1012-32 101 4-32
2iaS Dec. 15. 1935. 102 7-32 102 9-32
y»S Apr. 15. 193H. 103 2-32 103 4-32
1V»S June 15. 193IÎ. 1017-32 1019-32
Auk. 1. 1»3«. 104 7-32 104 9-32
1 Vjs Sept 15. 1931). 101 30-32 102
2a,<i> Dec. 15. 1930. 104 12-32 104 14-32
3e Feb 15. 1937.104 29-32 104 31-32
35 Apr. 16. 1937, 105 105 2-32
3i'<s SeDt. 15. 1937. 106 1-32 100 3-32
2**S Feb. 1. 1938. 104 30-32 105
3s Mar. 15. 1938. 105 31-32 100 1-32
2%s June 15. 1938. 105 18-32 105 20-32
2$· Sept. 15. 1938. 104 10-32 104 18-32
î&î *25? il ioff^i l°oîïM
»
Construction Lags
During February,
Dodge Co. Reports
By the Associated Press.
NEW YORK. March 20 —Construc
tion contracts let in the 37 States east
of the Rocky Mountains showed a sea
sonal contraction in February, ac
cording to the monthly review of F.
W. Dodge Corp.. which reports the
total at $75,083,500, compared with
$99,773,900 in January.
The contract volume for February
last year amounted to $96,716,300, or
only about half as much as the Jan
uary, 1934, volume.
The shrinkage in construction
awards of all descriptions for the first
two months this year east of the
Rocky Mountains was reflected by a
total of $174,857,400. against $283,180.
000 in the corresponding months last
year.
INVESTMENT TRUSTS
NEW YORK March 20 New York
Security Dealers' Association:
< Noon quotations. »
Admin Fund w.w 13..Ί5
Am Bankstocks ho .w»
Am Business Shrs 80 .88
Bullock Fund lo'B ll3·
Cumulative Tr Sh .'* ·"·*
Corporate Trust 1.70
Corporate Trust A A 1 "i
Cor?) Tr A A mod 1 .07 U 10
Corporate Trust Accum Scr I .* J
Corp Tr Accum Scr mod.. 1V7 '' 10
Dcpos BkShKV A .... 1 !»:l 2 15
Depos Ins Shrs "A" :t.T5
Diversified Tr C 2.00 2.00
Dividend Shrs 1.11.25
Five Year Fixed Tr -Ml
Fixed Trust Sh A «08
Fixed Trust Sh Β ^02
Fund Investors Inc J "4 1.02
Fund Tr Shrs A 4'e
Fund Tr Shr« Β :*■·»
Incorp Investors 15..SO Hi.45
Inv Tr Ν Y Coll "A" ·17β
Investors Fund of Am Inc. .#8
Mass Invest Tr 18.on 10.05
Mutual Invest HO .07
Nation Wide fcJec vtc 08 1.09
Ν. Y. Bk Tr Shrs 2** . ....
North Am Bond Tr Ctfs. . 84s» 883®
Nor Am Tr Shares 1.07
Nor Am Tr Sh 1055 2.02
Nor Am Tr Sh 1050 *-.00
Nor Am Tr Sh 1058 2.02 .....
Plymouth Fund A «i
Quarterly Inc Shrs 1.1·» l.ï-β
Selected Am Sh 3 ϋίί
Selected Cumul Sh ·? 'Ο ■ ····
Selected Am Sh Inc 10- 1.12
Selected Income Sh \ 08 .'I..18
Spencer Trask Fund
Stand Am Tr Shrs - 45 S./0
Stand Util Inc -I' % .20
Super of Am Tr A -·/·»
Super of Am Tr AA 101 .....
Super of Am Tr Β 2.Η!»
Super of Am Tr BB ■ ;
Super of Am Tr C 4.81»
Super of Am Tr D 4.01 . . .
Supervised Shrs 1.1·* 1-24
Trust Fund Shrs 3a«
Trusteed Industry Shrs... 101 11
Trusteed Ν Y Bk Shrs.... 115 1 :to
Trusteed Am Bk Β 80 .8ft
GLASS OUTPUT JUMPS.
NEW YORK, March 20 (/P).—Out
put of polished plate glass by member
companies of the Plate Glass Manu
facturers of America in February
was 13,723,151 square feet, compared
with 13,365,188 in January and 7,
441,278 in February last year. The
February production was the highest
since October 1829.
k
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.
NEW YORK. March 20.—'The fol
lowing is today's summary of corpora
tion news prepared by Standard
Statistics Co., Inc., New York.
United American Bosch Corp.—1934
net income was $50.101, equal to 18
cents a common share vs. deficit
$10.667.
Carrier Corp.—1934 deficit was $86,
582 vs. deficit $673.617.
Pratt & Lambert, Inc.—1934 com
mon share earnings were $1.09.
Newport Industries. Inc.—1934 com
mon share earnings were 31 cents vs.
5 cents.
Kellogg (Spencer) & Sons. Inc.— I
Common share earnings before Fed- j
eral taxes. 24 weeks ended February
16, were $1.38 vs. $1.02 in 24 weeks to '
February 17, 1934.
American Smelting & Refining Co.— j
Company advanced price of lead 5;
points to 3.60 cents a pound.
Hecla Mining Co.—1934 common ;
share earnings before depletion were j
43 cents vs. 23 tents.
Lion Oil Refining Co.—1934 net in- j
come was $12,652, equal to 5 cents a i
common share vs. deficit $239.505.
Pennsylvania R. R—January net;
income was $410,361 vs. $1,266,483 in i
January, 1934.
Union Pacific R. R—February net
railway operating income was $456.113
vs. $863.390; in two months net rail- j
way operating income was $1.095,414
vs. $1.798.474.
Blaw-Knox Co.—Federal Judge Mc
Vicar has granted a perpetual in
junction to this company restraining
Koppel Industrial Car & Equipment
Co. from further infringements of a
patent on wall mold apparatus; no
accounting was ordered because parties
have agreed on -,ums to be paid by
Koppel Co. to Blaw-Knox.
United States Steel Corp.—Ingot
production at plants of subsidiaries in
week ended March 18. 1935, was esti
mated at 46 per cent of capacity, com
pared with 46 4 per cent in preceding
week and 46 per cent two weeks ago.
Tobacco' Products Export Corp.—
1934 common share earnings were 27
cents vs. 14 cents.
Callahan Zinc-Lead Co.—1934 deficit
was $46,551 vs. deficit $33,346.
Gotham Silk Hosiery Co.—Directors
of company took no action on quarter
ly dividend on preferred stock, last '
payment on which was $1.75 a share
on February 1, 1935. ·
GLASS ORDERS MAINTAINED.
NEW YORK, March 20 (/P).—
Changes in selling terms under which
special discounts for volume were dis
continued by glassware manufactur
es have made little difference in the
srderg placed with producers during
:he put week, it is revealed.
STOCKS BEAT TIME
IN NARROW RANGE
Rise of Coca-Cola Shares Is
Only Feature of Color
less Session.
BY VICTOR EUBANK,
Associated Press Financial Writer.
NEW YORK, March 20.—AU but
paralyzed by indecision, the etock
market today held close to yesterday'»
final prices.
Coca-Cola enlivened an otherwise
colorless session by extending earlier
gains to more than 7 points in the late
trading, reviving the old discussions
in brokerage circles of a possible split
up.
Such shares as United States Steel,
American Telephone and General Mo
tors were virtually unchanged in the
late dealings, and the day's turnover
was only about 450,000 shares.
Midweek business statistics were
rbout a stand-ofl. and shares received
little impetus from other markets.
Graias were a little higher, as dust
storms continued in parts of thr
Middle West, and a few of the smaller
futures markets worked higher, bu'
cotton was unable to extend its re
covery. Bonds were mixed, with som
improvement In the rails. Foreign ex
change dealings were calmer, with th
gold bloc holding firm and sterlir.
sliding back a little.
Steel shares held up fairly well i:
the face of Iron Age's report of
further dip in production and in sen
prices. A little buying appeared ir
some of the public utilities, includiii
American Water Works and Publ.
Service of New Jersey, as Wall Strc
took a slightly less gloomy view ο
the Federal regulation proposal
Farm implements and mail-order i
sues were up a little, in sympathy wi'
the better tone in the grain market
Motors and rails were about steady.
Coca Cola was a strong featui,
opening 3 points higher and extendii
its gain to 5 in a thin market. Oil
were also in modest demand, as cruri
futures showed a firm tendency
Standard of New Jersey pushed up
major fraction.
Soft spots included some of
non-ferrous metals and tobaccos.
recent rise in bar silver appeared
have been checked and gold slip
back in London.
New York Cotton
By the Associated Press.
NEW YORK, March 20.—0peni
advances were followed by a mode,
ate reaction in cotton today.
After selling up to 10 78 at th
start. May eased off to 10.62. or 7
points net lower, but was ruling
around 10.69 late in the session, when
the genpral list was holding at abcu;
yesterday's closing quotation.
l.ivrrponl Quotation*.
LIVERPOOL March 'Μ ι-Pi —Co'tor
η ο m bale.*, incluciine :>.400 American.
Spot moderate business done: prices
points iOwer: quotations in pence. Ameri
can strict cood middline 6 85: good mid
dlinc ·; Λ: strict middling. middling.
♦ 'J."» strict low middline li.ln; low mid
dime. 5.ΚΓ»: strict eood ordinary. 5.65:
pood ordinary. 5..Ί5. Futures closcd
steady March, rt.o?: May tf.04: July.
5 !»v October. 5.78; December. 6.T5: Jan
uary 5.75.
$4.98 A SHARE EARNED
BY AIR REDUCTION CO.
By the Associated Press
NEW YCRK. March 20.—Air Re
duction Co.. Inc., and wholly owned
subsidiaries, manufacturers of oxygen
and other gases and of oxy-acetylene
cutting anci welding equipment, re
ported for 1934 net earnings of $4,
145.416, after all charges, including
Federal taxes, equal to $4.98 a share.
The net in 1933 was $3,192,752, equal
to $3 97 a share.
INSURANCE STOCKS
NEW YORK. March ·*<· —New York
Security Peplers' Association:
Aetna Cas '"."ji A5e.id
Aetna Fire Ί.ΗΟΙ 4>i·, ♦»',
Aetna Life l.fiO· IT |β'.
Agricultural <a> To Ta
Am Ins Newark i'ji .... 11', 13
Ah Reinsur iO'jI 4·-:1,
Am Surety ' 1 » ai>4 :!.!'«
Automobile n> Μ -'.Va
Bait Amer if.ltll 5 «
Boston ' ltn . 5-:n 5:iii
Carolina ι·1.1θ> ·,»] 22» a
Conn Gen Life « «I») -J 4
City οί Ν Y < tôt «m ·,»·»0
Pid Λ Dep ■ + >2) 4·:'^ 45
Piremens Ins 4 5
Prank Fire i*l 05) -2:t'j 25
31en Palls 11150) a·* ;;4
Slobe A- Rut in :i>
3reat Amer il) 1 ί·'21
Halifax < .!»·»> UP, 18 ' «
Hanover «i.tioi :«;»»« aft3,
Hartford Fire rît 5ί> β»
Home Fire Sec ', 11.
Home Ins <"1.051 2ii'< -* "·»
Lincoln Fire :i
Mass Bond i:t 14
jNtl Pire 12» xd 5s3, ·»<· ι
Ntl Liberty it1*! Γ»3,
Ν Y Fire 11.15 > 11 ' ι 141 j
Nor River ι*.70> S»'i
Phoenix ι*-ΐ'.·ι Τ*1. 7*'«
Prov Wash < 1 » Π3< aa34
St Paul Fire t»il Ift*> ltW
Springfield i4'j> 1<»»> 10»
3un Life 27a 2K*
Travelers (Hi") xd aflii 4or>
U S Fire <·1.40Ι 4i!« 4a'«
Westchester l'I.ll» 27'a 20
•Including extras. tDeclared or paid
so far this year.
SHORT-TERM SECURITIES.
(Reported by Cbas o. Barney ii Co.)
Bid oiler.
Mils-Chalmers Co. 5s ΙϋίΙΤ. 100*< 101
Amer. Beet Suear lis 1040. . 100 101
Am Tel. A: Tel. S'js 104a. . lia lia',
Atlantic Refining 5s liiaT. KIT3» lot1·
Bethlehem Steel 5s lityii . . loa*. ion3.
California Packinc 5s 11»40 1H4 104'.»
Canad. Nor. Rwy. 7s li»4<>. . 106*2 ΙΟίΡ*
:h(.s A· Ohio Ry 5s ]H39. 112» j ·· ·
Cni. Gas Lt A: Coke ôs 193? 105 105'j
Chi Northwest. fPjs 1930.. 4* 50
Colorado & So 4'^s 1935 93 93*4
Delaware Ac Hudson 5s 1935 ion 3 01
Den. Λ- Rio Gr 4>?s lO.'IO . *J5 '29
Edison El. Ilium. 45 I!·:«· lo7'e
3en. Pub. Service .Vas 1 MO J»3'· fM7#
Gotham Silk Hos β* 1930. . K5l#
jrand 1r. Canada 6s 1930. lofi^g 10fi7e
3rear Northern Ry. 7s 19.ΊΗ 84·® S51*
illir.ois Central 1930. 91
Int. Tel. A Tel. 4'^s 1 939. 5χ34 5*7·
Lake Erie Λ: West. 5s 101*« 101H
Lehigh Vnlley Coal tis 193*. 95»a 90
Liou sville A: Nash 5s 1937 107 los'j
Michiean Central 4s 194o. . 10U»4 103*#
Siew YTork Central 'is 1 !*:!.">. 95'a 90
V V.. Chi. Λ St L 4s 19.17 1U1>2 10*:
Dhio River R R. 5s 1936. . 102 la 104
Penna R R Co. ♦»'^s 1936. 1047# 105
Portland Gen El. 5s 1935.. 100 ion*,
Puie Oil Co 5^8 1937.... 101s. 102»
- * - 1041 a
103»#
90
Wabash Rwy. Co. 5s 1939. . 9os« Ji·,'
A'arner Bros. Os 1939 48Va 49'4
Puie Oil Co 5'aS 19.ti ... ini*·
Rep Iron A* Steel 5s 1940. . 10334
Sinclair Cons Oil "is 1937.. 103
Vanadium Coro. 5s 1941... 2
METAL MARKET.
NEW YORK. March 20. «t.—Copper
juiet; electrolytic spot and future. Blue
Eagle it.00 Tin steadier: spot and near
ly 45.95; future. 45.55. Iron autet un
;hanged. Lead steady, spot. New York.
t.60; East St. Louis. ,t.4n. Zinc luieV,
Sast St. Louis, spot and future. 3.80.
Muminum. 19.00»22.00. Antimony, spot.
L4.50.
GROCERY PRICES CUT.
NEW YORK. March 20 (Λ>).—Cut
>rice competition into which chains
»nd independent retailers have been
irawn has broken out in widely scat
tered sections and is causing grave
:oncern among grocery manufacturers
rnd wholesalers.
MORE REORDERS PLACED.
NEW YORK. March 20 t*»).—Re
aders reaching the markets here are
aid to reflect Improvement, with In
Ucations that greater activity will be
;een this week in major apparel and
icceesory lines than has been record
id in a number of weeks put.