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Industrial Issues Gain, but ! Utilities Remain Lag gards. ; __i Mr the Associated Press. NEW YORK, March 30.—Secondary , railroad issues gave the bond market Its first help in a week or longer today by halting in a progressive downward I movement that has carried many of the most active bonds to new low levels. While there were exceptions, the main body of carrier loans stiffened appreciably under the impetus of some short covering and speculative com mitments. The Interstate Commerce Commission's findings, made public after the market closed, were not a market factor. Other divisions of the market were • trifle irregular, industrials pushing nightly higher, utilities still lagging and foreign issues inclined to be more steady. United States Governments were extremely quiet, but the trend was even in all except indirect obligations of the Government, which dipped ex tremely small fractions. Best showing among the railroad bonds was made by New Haven col lateral 6s. up 2>2 points at 49l2; Chi cago & Northwestern refunding 5s. up l1/* at 17'4, and Baltimore & Ohio 4,/2s, up 1 at 40. Others selling slightly higher included obligations of Dela ware & Hudson. Illinois Central, Katy and Northern Pacific. Minor losses were shown by Southern Railway 5s at 86>2 and Great Northern 4'2s at 64'2. Among industrials tilting upward were Chile Copper 5s, Loew s 6s, Penn Dixie 6s and Illinois Steel 4'2s. The most active utilities yielding small fractions were Columbia Gas 5s at 7914. Laclede Gas 5>/2s at 60 and Northern Edison 5V2s at 87 Vi. Mon tana Power 5s were slightly higher. In the foreign section substantial Improvement was shown by bonds of the Polish government, which were sold freely in the preceding session. Higher prices were also paid for Bel gian 6V2s and Austrian 7s. South and Central American issues were inclined to sag. Transfers aggregated $5,903,000, par value, compared with $5,514,000 last Saturday. The Associated Press aver ages were from 0.1 of a point lower to 0.1 of a point higher. Total sales of bonds on the stock exchange during the month aggregated $311,265,000, compared with $220,256,000 last month. STORE SALES RISE. INDUSTRY PLAGUED BY UNCERTAINTIES (Continued From First Page 1 off from recent peaks but remained above a year ago. CLEVELAND—Fear of a wide spread rubber strike produced a note of caution in allied lines, and mer chants in bituminous coal mining areas reported trade seriously upset by a threatened walk-out of miners. Elsewhere retail volume increased substantially. Richmond Gains Held. RICHMOND.—General sales in the fifth district were firm despite a shrinkage of individual bank debits. Wholesale trade was reported gaining in Baltimore, and Washington resi dential building continued at a sat isfactory rate. ATLANTA—Department store and re tail sales were about eoual in volume to the previous week in the sixth district. Summerlike weather stimulated sales Steel operations in the Birmingham area re mained unchanged at 55.4 per cent of capacity. CHICAGO—Favorable weather was ben eficial to retail trade in the Chicago area although business was somewhat spotty General trade was above a week ago. but below last year's Easter buying peak. Wholesale business was little more than expected Spring accelerated demand in building materials. , . ST. LOUIS—Little change was noted in general business in the eighth district. Retail trade drooped because of bad weather, but wholesaling was unchanged except in seasonal lines. Demand for bank credit continued light. MINNEAPOLIS—Volume of business in the ninth district was reported up sharply in the first half of March against Febru ary. confirming previous estimates. De partment store sales were 4 per cent under a year ago during that period be cause of last year's early Easter. KANSAS CITY—Live stock and grains made moderate gains in the tenth dis trict. While wholesale trade lagged, re tailers reported a 10 per cent increase In receipts for the first quarter over last year. Credit managers reported better liquidation of old accounts. DALLAS — Improvement was reported evident In business and industrial condi tions In the Southwest. Rains have bet tered the farm outlook, but dust storms in West Texas still constitute a menace SAN FRANCISCO—Spectacular gains In automobile sales, about double last year since January 1. topped Pacific Coast business reports. Other lines were mod erately ahead of a year ago and even with recent weeks. Retail trade slowed slight ly; wholesale trade was steady. CHICAGO LIVE STOCK. CHICAGO. March .'to (4V—Live stock Brices showed an upward trend this week, continued light receipts and some im provement in the dressed trade being atimulants to buyers. Fluctuating somewhat irregularly, hogs showed a net gain of around 15 to 20 cents above a week ago. The average price yesterday was $*.95 against $8.80 last week and $4.20 last year Yesterday's top was SO.Hi. but in a nominally steady market today the quotable peak was only $9.00. Only 6.000 hogs were on hand today, including 5.500 direct, with occasional sales at $8.95 downward Estimated hold over was l.ooo. Outside markets were fenerally steady with the demand mainly rom shipping sources Receipts at the leading markets throughout the week were around the lowest level in the memory of observers. Cattle supplies also were abnormally small and although there was some im provement in the dressed beef trade, kill ing margins still were said to be unsatis factory. All grades ol led steers and yearlings gained fully 25 cents during the week while heifers were mostly up BO cents, and instances more. The aver age weight was below l.ooo pounds, in contrast with an average of nearly l.loo pounds a year ago. Average price for steers and yearlings was around $10.55. Slaughter lambs were around steady during the week, although the top was 10 cents higher. Late sales, however, were weak. The week’s top for lambs was $8.40. Sheep and feeding lambs showed little change. , , Unofficial estimated receipts of- live stock for Monday: Hogs, 15.000: cattle. 11.000: sheep. 20.000: hogs for all next week. 76.000. SHORT-TERM SECURITIES. ted by Chas. D. Barney As Co > Bid. Offer. 'mers Co. 5s 18.17. loots 101% Sug. 6s 1940.. 100 100% >1. 5%s 1940.. 113 113% ining 5s 1937.. 107% 108 eel 5s 1936 .. 103% 103% _.icklng 6s 1940 104 104% _an lfpr. Ry. 7s 1940. 106% 100% i. Ae Ohio By. 5s 1939. . 112% 113% Gis Lt. At Coke 5s 1937 105 105% Northwest. 6%s 1936. . 44% 45 do * So. 4%S 1935. . 98% 99% ___are k Hudson 5s 1935 100% lot Im At Rio Or. 4%s 1936. 23 38% Jlson El. Ilium. 4s 1939. . . 108 . len. Pub. Service 5%s 1939 91 93 Botham Silk Hos. 6s 1936. . 80% 88% Grand Tr. Canada 6s 1936. 100% 106% Great Northern Ry. 7s 1936 84 % 85 pilnois Central 6%s 1936. . ..... 92% Inti. Tel. k Tel. 4%e 1039 03 % 05 Like Erie k West. 5s 1937 101% 102% Lehigh Valley Coal Os 1038 91% 94 Louisville Ac Nash. 5s 1937. 10. % 108% Michigan Central 4s 1940. 100% 101% New York Central Os 1935 98% Og N. Y.. Chi. * St. L. 4s 1937 101% 102 Ohio River R B. 5s 1930. . 102% 103 Perna. R. R Co. 6%s 1030. 104% 104% Portland Gen El.. 5s 1935. 100,, loo-. Pure Oil Co. 5%s 1937. . . . 101 % 10}% Rep. Iron k Steel 6s 1940. 103% 104% Sinclair Cons. 011 7s 1937.. 102 a 103 Vanadium Corp. 5s 1941... 83% 8o Wabash Ry. Co. 5s 1939.. 89% 91 Warner Bros. 6s 1939.... 50% 51 PHILADELPHIA PRODUCE. PHILADELPHIA. March 3,0.OPJ (United States Department of Agriculture! .—Close. Eggs. 4.885: U. 8. specials, whites, browns. 2«a26%: U. 8. extras, whites, browns, mixed colors. 24%a25%: U. 8. standards. 1 Live 'and' dressed' poultry unchanged. Butter unchanged. * t Commodity Price Changes for Week BY HjN. McGILL, Editor. McGill commodity Servlet. Inc.. Auburndale. Maas. AUBURNDALE, Mass., March 30 IP).—Commodity prices about-faced luring the closing week of the month, -egistering a substantial increase, rhree major groups paved the way for l higher price average, namely, in lustrial and agricultural products ind also livestock. European war cares, coupled with less favorable igricultural growing conditions en :ouraged greater speculative activity. V check-up shows that out of 14 indi vidual groups, eight advanced, three emained unchanged, while three froups continued the downward price novement which was characteristic of Industrial prices moved upward fol owing eight consecutive weekly de fines. Strength is attributable to ilgher quotations for leather, non errous metals and textiles. Prelimin ary figures covering industrial activity ndicate only a limited seasonal con ;ractlon for the month of March. Farm Prices Strongest. Agricultural prices recorded greatest strength of any one group, which was 3ue to the psychological effect of the iust storm which is heralded as a forerunner of drouth, crop deteriora tion, and another year of subnormal yields. During the week prices for wheat, corn, oats, cotton, eggs, sugar, flaxseed, and butter averaged higher than the previous week. Declines were noted in the case of wool and rye. Livestock prices regained part of the reaction recorded a week ago. rhe index failed to approach the high point in the second week of March, but higher prices for cattle and hog* more than counteracted weakness in sheep and Iambs, and established the price level well above last weeks’ figure. Non-ferrous metals recorded a size able gain under the leadership of higher prices for lead, silver and tin. One of the three indices that de clined were ferrous metals, which was due to lower quotations for steel scrap. The paper and pulp index declined quite substantially, reflecting lower quotations for chemical pulp foreign unbleached and sulphite. Paint materials also declined, caused by seasonal weakness in two important items—rosin and turpen tine. Fine Textiles Improve. Fine textiles advanced moderately under pressure of price strength in cotton and silk, which more than off set the limited decline in wool quota tions. The price level of fine textiles remains far under.the average of the past year. Vegetable oils again advanced, al though the price trend was mixed. Cottonseed oil was slightly higher while china, wood advanced sharply to a new high. Weakness was recorded in cocoanut and com oils. Most important price changes in the McGill Weekly Index (1926 equalling 100) were as follows: Mar. 29. Mar 22. Mar. 20. ... .. 1935 1935 1934 All commodi ties....72.7 71.8 63 0 Industrial..71.2 71.0 73.1 Agricultural ....66,6 64.5 61.2 Livestock .82.7 81.5 43.6 Paper and Pulp. . .73.1 73.7 77 9 Non-ferrous metals .64.8 .64.1 63.5 Daily Price Index. NEW YORK March 30.—Index of 15 staple commodity prices. (December 31 1931. equals 100; 1926 average equals 230.5.) Today. 151.7 Previous day. 150.0 Week ago . 149.4 Year ago . . 137.3 1935 high .. 160.0 1935 low ... 1*8.4 1934 high .. 156.2 1934 low ... 126.0 1933 high .. 148.9 1933 low ... 78.7 STAPLE. Year Ago. Today. Silk (lb.) . 81.395 81.35 Cocoa (lb.) .0559 .053 Hides (lb.I.10 .0T87n Rubber (lb.).11 .1112 Wheat (bu.).8812 1.0387n Corn (bu i .4662 ,8412a Hogs (cwt.) . 4.55 9.10 Silver <oz ( . .455 .6125 Steel scrap (ton) ... 13.00 10.873 Copper (lo.) .08 .09 Lead (lb.) .039 .035 Cotton (lb.) .122 .113 Wool (lb.i . 1.11 ,90n Coffee (lb.).105 .0875n Sugar (lb.) .0295 .0315 n—Nominal. • (Copyright. 1935. by Moody'*.) Miscellaneous Market*. Additional New York markets, as com piled by the Associated Press: RAW HIDE—Futures closed quiet, un changed to 3 higher. June. 9.05b; Sep tember. 9.35; December. 9.66b. Sales, 40(1.000 pounds. CRUDE RUBBER—Futures closed steady. 4 to 7 higher. May. 11.18a21; July. 11.34a 35: September 11.50; smoked ribbed spot closed 11.12n. COFFEE—Spot quiet: Rio No. 7. 7'/4; Santos No. 4 !(a!) i,. Rio futures closed easy; sales. 4noo bags. May. 5.17n: July 5.23: September. 5.30n: December. 5.38n. Santos futures easy: sales. 13.000 bags. May. 8.06n; September. 7.89; December. 7.88n: March. 7.88n. b—Bid. n—Nominal. WHEAT SUPPLIES OF WORLD DECLINE Visible Supply Substantially Re duced During Year, TJ. S. Report Shows. By the Associated Press. A reduction of 255,000.000 bushels In the visable wheat supply of the world compared with a year ago was reported yesterday by the Bureau of Agricultural Economics. The March 1. stocks of wheat avail able for export or carry over in the principal exporting countries, includ ing stocks at English ports and quan tities afloat, was estimated at 664. 000,000 bushels, compared with 919, 000.000 bushels a year ago and 1,000,000 bushels two years ago. World shipments of wheat since January 1 were reported at less than those of last year by more than 1,000,000 bushels per week. Estimates of Winter acreage in 18 countries, not including Russia, was said to Indicate an Increase of 2 per cent over the area shown in the same countries last year. The net European wheat deficit, estimated Danubian countries, was estimated at 295,000.000 bushels, or an increase over the 389,000,000 bush el deficit a year ago. BRITISH PREDICT GOLD BLOC’S END AND PARLEY CALL (Continued From First Page.) Italy next month. The tense situa tion in Lithuania is attracting far more attention. ‘‘Only one development in February foreign trade was encouraging. The trade balance, while still unfavorable was smaller than In January, due largely to the fact that imports were smaller. This is no doubt caused bj the tightening of restrictions by the control boards which are just now beginning to function with any thor oughness.’’ FOREIGN MARKETS. By the Associated Press. PARIS.—Trading was nervous and prices highly Irregular on the Bourse to day. Rentes advanced sharply, but re ceded later, the a per cent issue closim lower, while the 414 shares ended higher The closing was irregular. BERLIN.—An upward trend prevailed on the Boerae today. The cloting wai firm. LONDON. I SUMMARY OF BONDS ON THE NEW YORK STOCK EXCHANGE FOR WEEK ENDING SATURDAY, MARCH SI, 1985. U. 8. GOVERNMENT BONDS. LIBERTY BONDS. r~ 1935 —Net High. Low, High. Low. OIow. Chge. 105 14 101 5 3 %1 1932-47. 101 16 101 7 101 14 +. 7 104 4 101 10 1st 4%s'32-47... 101 18 101 12 101 16 +. 8 103 20 101 10 1st cv4 Vis32-47rg 10114 10111 10114 + . 3 10416 102 22 4 th 4 V*s'33-38... 102 27 102 22 102 24 +. 2 4th iVis '33-38 102 16 100 5 3d cld. 100 31 100 5 100 5 -.16 4th 4 Vis '33-33 10131 100 3d cld reg. 100 24 100 100 -.17 TREASURY BONDS. 101 8 10016 2 %s 1955-60. 101 8 100 25 101 6 +.13 103 27 100 20 3s 1946-48. 10314 103 103 14 +.14 103 29 100 20 3s 1951-55. 103 16 102 30 103 14 +.12 104 28 101 26 3%s 1946-49. 104 10 103 31 104 9 +.11 104 17 103 17 3%s 1946-49 reg.. 103 30 103 30 103 ?0 +. 4 104 28 101 16 3%s 1949-52. 104 13 104 2 104 9 +.10 107 22 104 18 3Vis 1941. 107 22 107 11 107 14 +. 4 107 13 107 6 3>is 1941 reg.... 107 13 10713 107 13 +. 7 105 17 102 24 3 Vi s 1944-46. 106 10 104 31 105 9 +.11 107 20 104 15 3%s 40-43 Jun... 107 12 107 6 107 6 +. 2 107 3 106 6 3%b'40-43 J rg.. 107 3 107 3 107 3 +.29 107 17 10414 3%s 41-43 Mar... 107 13 107 6 107 12 +. 4 106 30 103 28 3%s 1943-47. 106 26 10617 10619 +. 4 10619 105 31 3%s 1943-47 reg. 106 19 10619 106 19 +.20 109 28 107 3%s 1946-56. 109 17 109 9 109 16 +. 7 11124 108 24 4s 1944-54. Ill 6 110 27 111 4 +.14 111 5 108 24 4s 1944-54 reg_ 110 29 110 24 110 29 -.8 105 20 102 28 4%s-3Vis43-45... 105 16 104 30 105 10 +.10 105 6 103 24 4 Vis-3 Vis 43-45 rg 105 4 105 4 105 4 +. 7 116 14 113 6 4Vis 1947-52. 115 26 115 17 116 25 +. 8 FEDERAL FARM MORTGAGE BONDS 10214 100 20 3s 1947. 101 29 10123 10126 +. 3 10212 9916 3s 1949. 101 26 101 14 10120 +. 4 104 101 14 3Vis 1964. 103 12 103 8 103 9 +. 5 HOME OWNERS’ LOAN BONDS 100 16 96 20 2Vis 1939-49. 100 10 100 1 100 6 +. 3 102 14 99 18 3s 1952. 10127 101 13 101 20 +. 6 101 16 100 19 4s 1951. 101 5 100 30 100 31 6 FOREIGN BONDS ,— 1935 —. Net High. Low. High. Low. Close. Chge. 41% 28 Abitibi P & P 5s '53. 30% 28 30 -2 96% 90% Akershus 5s '63. 91% 90% 90% - % 90V* 84% Argentine 5 Vis'62. 87 84% 86% 41% 95 90% Argentine 6s A '57. 93% 91% 93% +1% 95 90% Argentine 6s'58 B...... 93% 91% 92% +1% 95 90 Argentine 6s'59 June... 91% 91% 93 +1% 95 90 Argentine 6s'59 Oct.... 93% 92% 93% +1% 95 90 Argentine 6s '60 May... 93 91% 92% + Vi 95% 90 Argentine 6s '60 Sept... 93% 91% 93 +1 95 90 Argentine 6s'61 Feb.... 93% 91% 93% +1% 95 90 Argentine 6s '61 May... 93% 91% 92% +1% 97% 92% Australia 4%s'56. 93% 92% 92% -1% 104% 98 Australia 5s'55.. 99% 98 98% — 1% 104% 98 Australia 5s'57. 99% 98 98% —1 102% 100% Austrian 7s '43. 101 100% 101 96 81 Austrian 7s'57. 88% 81 83% — 5% 107% 93'. Belgium 6s '55.. .. 99% 97% 99%-% 117% 101% Belgium 7s '55. 107% 104% 106% -1% 110% 97 Belgium 7s'56. 102% 100 102% 44 33 Berlin City El 6 %s ’51.. 33 33 33 - % 39% 31 Berlin City El 6%s'59... 33% 32% 32% - % 31% 23% Brazil 6%s 1926-57. 26% 24% 25% +1% 31% 23% Brazil 6%s 1927-57. 27 24 25% 4 1% 39% 28 Brazil 8s'41. 29% 28% 29 4 % 61% 51% Buenos A 6s'61 Pv stpd. 55 51% 54% 42% 62% 52 BuenosA6y2s'61Pv stpd. 54% 53% 54% +1% 107% 104% Canada 4s ’60. 107% 106% 106% - % 113% 110% Canada 5s '52.112% 111% 112 16% 11 Chile 6s’60. 11% 11 11% 4 % 15% 11 Chile 6s Jan’61.. 11% 11 11% 4 % 15% 10% Chile 6s 61 Febr...... 11% 10% 11% 4% 15% 10% Chile 6s Sept'61. 11% 11 11% 4 % 15% 10% Chile 6s'63. 11% 10% 10% - % 14% 11 Chile Mtg Bk 6s '61. 11% 11% 11% 12 9% Chilean Mun L 7s 60... 10 10 10 94% 86 Copenhagen 5s’52. 90 86 87% -1% 14% 9% Cunda’amarca 6%s '59.. 9% 9% 9% — % 105 95% Czechoslovakia 8s’51. .. 99 95% 95% — % 96% 85% Denmark 4 %s ’62.89% 85% 86% -3 101 96% Denmark 5%s ’55. 98% 96% 97% -1% 105 99% Denmark 6s'42. 101% 99% 99% -1 104% 101% Finland 6%s’56. 103% 102 102 — % 190 168% French 7%s '41. 176 168% 172% -6 48% 38% GerCon Ag6%s’58.... 41 38% 39% 4 % 37% 27% German 5%s'65. 28% 27% 28% 4 % 47% 37 German Rep 7s'49. 39% 37 38 — 1% 119 108% Great Brit & Ire 4s *90.. 112M 111 111% -+■ % 116% 110% Grt Brit & Ire 5%s ’37.. 116% 111% 114 42% 94% 79 Italy 7* '51. 52 79% S2 41% 89 76 Italy Crd P W 7s '47 B.. 77% 76 76 -4 85 63% Italy PU Credit 7s'52.. 69% 63% 63% -4% 84% 77% Japan 5%s'65. 80% 80 80 -% 97 90 Japan 6%s'54. 93% 92 92% 4 % 38% 26 Karstadt 6s'43 ctfs. ... 33 28% 28% -2 34 26V* Kreug & Toll 5s’59 cfsA 32% 28 32% 44% 85% 68% Milan 6%s'52. 73% 68% 69 — 5Vi 102% 96% New Sou Wales 5s’57... 97% 96% 97% — % 102% 96% New Sou Wales 5s'58... 97% 96% 97% 4 H 171 163% Nord Rwvs 6%« '50.... 168 163% 163% -4% 102% 98% Norway os '63. 101% 100% 101 4 Vs 103 99% Norway 5%s'65.101% 100% 101% — % 104% 101 Norway 6s'52. 102% 101% 101% - 1% 97 88 Norway Hy E15%s’57.. 90% 88 88% -3% 79% 74% Orient Dev 5%s'58. 78% 76% 77% 41% 83 77% Orient 6s '53. 83 82% 82%-% 163 153% Paris Orl Ry5%s'68... 158 153% 153% -4% 9% 7% Peru 6s’60. 8 7% 7% — % 9% 7% Peru 6s'61. 7% 7% 7% - % 126% 111 Poland 7s ’47. 120 111 112V* -6 36% 27 Prussia 6s'52. 30 27 29% - W 109 103% Queensland 6s'47. 104% 103% 104 -2% 110 106% Queensland 7s'41. 107% 106% 107 4 Vi 43 35% Rhinelbe Union 7s ’46.. 36% 35% 35%-% 39% *1% Rhine Ruhr 6s'53. 32% 32V* 32% 4 % 43V- 38% Rhine West 6s '52. 40 39% 40 41% 43 38% Rhine West El P 6s '53.. 40 39V* 40 4 1 43% 38% Rhine W EP 6s '55 ww.. 40 39% 40 41 87% 70% Rome 6%s'52. 74% 70% 71% -2% 136% 105% Royal Dutch 4s '45. 110 110 110 42 91% 76% Sao Paulo State 7s '40.. 86 84% 84% 4 % 40 33 Saxon Pub Wks 6%s'51 35 33 33% -1% 42% 35 Saxon 7s'45. 36% 35% 36% 41% 81 74% Taiwan El 6%s'71. 81 80% 80% + % 92% 88% Toho Elec Pwr 7s ’55... 91% 91 91 -1 79% 72 Tokio Elec Lt 6s'53.... 78% 77% 78 4 % 43 34 Unit Stl Wks 6 % s A '51. 35% 35 35 4 % 41% 34% Uruguay 6s'60. 36 34% 35 — % 41 34% Uruguay 6s'64. 35% 34% 34% -1 73% 63 Warsaw 7s "58. 68% 63 64 —5 43% 35% Westphalia El F 6s’53.. 37 36% 36% -1 85 80% Yokohama 6s '61. 83% 82 82% — % DOMESTIC BONDS 105V* 103% Abram & Strs 5%s ’43... 105% 105 105% + % 75Vi 64% Alleghany Co 5s '44....; 66% 65% 65% -2% 66% 52% Alleghany Co 5s'49.... 55% 52% 53% — 3VS 26 13 Alleghany Co 5s’50. 14% 13 14 —1 26 13% Alleghany C 5s ’50 ctfs.. 14 13% 13% — % 101% 100% Allis Chaim 5s’37.101% 100% 100% 102% 99% American Chain 6s'38.. 102% 102 102 — % 61% 49 Am & For Pw 5s 2030... 58 55 57% +1% 107% 104% Am I G Cham 5%s’49... 106 105% 105% + % 94 85% Am Intemat 6%s’49.. .. 89% 88 88 —1% 112 103% Am Roll Mill cv 5s ’38.. 104% 103% 103% -1 105% 103% Am Sm& Ref 6s ’47.... 104% 103% 103% -1% 104 102% Am Tel & Tel gold 4s’36. 103% 102% 102% — % 108% 106% Am Tel & Tel 4% a ’39.. 107% 107 107% + Vi 110% 108% Am Tel & Tel cl tr 5s ’46 110% 109% 109% — % 113 111% Am Tel & Tel db 5s’60.. 112% 111% 112% + % 113% 111 Am Tel & Tel 5s’65.112% 111% 112% + VI 113% 111% Am Tel & Tel 5%s’43... 113% 112% 113 + M 97% 80 Am Wat Wks 6s’44..... 91% 90% 90% - Vi 25% 20 Am Writ Pap 6s’47. 21 20% 20% - Vi 104% 102 Armour & Co 4%s’39... 104% 103% 103% — Vi 106% 103 Armour of Del 5%s ’43. 105% 105 105% + V 106% 101 AT&SFeadj 4s’95... 104 103 103 -1 106% 101% A T&SF adj 4s ’95 stpd.. 104 103% 103% - 111% 106% A T & S Fe gen 4s’95... 109% 107% 107V* —IV 110 105 A T & S Fe 4%s ’48. 105** 105 105 -Vi 103 Vi 94% Atlantic CL 1st 4s’52.. 100% 94% 95 — SVl 92% 79 Atlantic C L 4%s’64... 83% 79 79 -5 108% 107% Atlantic P.ef deb 5s ’37.. 108 107% 107% - * 106 95% Baldwin Loc 5s’40. 99% 99 99% - Vi 104 95% B&O 1st 4s'48. 99% 95% 95% -3* 60% 38% B&O 4%s '60. 43% 38% 40 -3 109% 101 B&O 1st 5s ’48.. 105% 101 101 -4* 77% 54 B&O ref 5s A '95. 57% 54 64 -3V 76% 52% B&O 5s ’96 F. 65% 52% 53 -3V 76 62% B&O ref 6s D 2000. 65 62% 63% -2* 86% 63% B & O 6s C ’95. 66 63% 63% -3V 100 94% B & O P L E&WV 4s ’41. 96% 95 95 -1 99% 88 B&OS W Div5s'60.... 91% 88 88 -2V 86 77% B&O TolC div 4s’59... 80 77% 77% -2V 105% 100% Bangor & Aroos 4s ’51.. 105% 105 105 -2* 119% 113% Bell Tel (Pa) 5sB’48... 118% 117% 117% - * 122% 116% Bell Tel (Pa) 6s C'60... 122% 122 122 -V 104% 103% Beth Steel p m 6s’36... 103% 103% 103% 115% 105% Beth Steel rf 6s'42. 107 106 106% + V 79 59% Boston & Maine 5s'67.. 64% 69% 61 -35 110% 108% Bklyn Edison 5a A 49.. 110 109% 109% 4 V 107% 104% Bklyn Man Tr 6s A ’68.. 107% 106 106 — V 106 100% Bklyn Un El 6s ’60. 106 105% 106 +« 106 103% Bklyn Un Gas 6s ’60.... 106 105% 106% + V 70% 62% Buff R& Peon 4 % a '57. 55 62% 52% -21 51 38 Bush Term cons 6s ’55.. 42% 40% 42% — V 104% 103% California Pack 5a’40.. 104% 103% 103% — V 114% 109% Canada Nat R 4%a ’61.. 112 111% 111% — V 104% 102% Canada Natl 4%a’54...1 104% 103% 104 — V 116% 109 Canada Natl 4%a'58...i 113 111% 111% -IV 118% 108% Canada Natl 4%a*67.... 110% 109% 109% - V 105% 103% Canada Natl 4%a ’68... 104% 104 104 — V 118 112% Canada Natl Ss '69 July. 114% 113% 113% - V 120% 116 Canada Natl 5s ’89 Oct.. 116% 118% 116% -f V 125 119 Canada Nor db 6 %a’46.. 128% 122% 122% — V 107% 106% Canada Nor db 7s’40... 106% 106% 106% - V r «— 1935 —. Net High. Low. High. Low. CTom. Cbge. 87% 82 Canadian dab 4g perp... 84 82 82 -2% 89% 96% Canadian Pac 4%s '80.. 97% 96 96%-% 104% 101% Canadian Pac 6a '54.... 108% 101% 101% -1% 26 14 Cant of Ga con Ss’45.... 14 14 14 — % 85% 71% Cent 111 El ft Gas 5b 'SI. 83% 82% 83% — % 101 97% Cant Pac 1st rf 4a'49... 99% 97% 97% -2 81% 71% Central Pacific 5s '60... 73% 71% 71% -1% 75% 63% Certain-teed db 6 % 8 '48. 69% 68% 69 — % 106 101% Chesapeake Corp 6a ’44. 103 102% 102% — % 106% 102 Chesapeake Corp 6s'47. 103 102 102% — % 120% 114% Ches ft Ohio gn4%s '92. 118% 117% 117% - % 111% 108 Ches ft Ohio 4%a A'93.. 109% 108% 108% -1% 111% 108% Ches ft Ohio 4%sB'95.. 109% 108% 109 - % 113 110% Ches ft Ohio con 5s’39.. 113 112% 113 + % 50% 34% Chi Alton ref 3s’49. 38% 34% 34% -8% 109% 106 Chi B&Q 111 div 4s'49... 108% 108 108 -% 110 106% Chi B&Q gen 4s ’5*. 109% 106% 107% -1% 109% 106% Chi B&Q 4%« B '77. 108 106% 106% - % 114% 109% Chi B&Q ref 5s '71.112 109% 109% -2% 9% 5% Chi & Eastn Jll 5s ’51... 6% 6% 5% — % 35% 19% Chi Great West 4s ’59... 20% 19% 19%-% 26 9% Chi M St P & P 6s ’75... 13% 9% 10 -3 7% 2% Chi M StP&P adj 5s2000 3% 2% 2% - % 28 14% Chi & N W 4%s 2037- 16% 14% 15% -1% 28 14% Chi&N W4%sC 2037.. 16% 14% 15 -1% 22% 9% Chi & N W 4 % s ‘49. 12% 9% 9% -2% 70 44% Chi & N W 6%s '36. 48 44% 45 -5 74 66% Chi Railways 1st 5s'27. 69 68 68% +2 17 10% ChlRI&Pref 4s’34... 11% 10% 10%-% 18 10% ChiRI&P4%s52. 11% 10% 11% + % 10 4% Chi RI & P 1st 4%s '60. 6% 6 5 - % 109% 106% Chi Un Sta 4%s '63. 108% 108 108 109% 106% Chi Un Sta 6s 'S3.110% 108% 108% - % 115 111 Chi Un Sta 6%s '63.111% 111% 111% — % 98% 92 Chi & W Ind cn 4s ’52... 97 95% 95% -1% 105 102 Chi & W Ind 5%s ’52.... 104% *103 103%-% 65% 61% Childs Co deb 5s '43...65% 54% 65% + % 86% 79 Chile Copper db 5s'47... 86% 84 86% +3% 113% 110 Cin UnTrm 5s 2020... „ 113% 112 112 -% 77% 60 CCC&StL4%sE’77.. 56% 50 50 -6% 91% 80 Clev Un Term 4%s *77.. 82 81 81%-% 97% 86% Clev Un Term 6s B'73.. 87% 86% 87 -% 103 94 Clev Un Term 5%s'72A. 96% 95 95 —1 99% 89% Colo & Sou ref 4%s'35.. 99% 95 98% 4 2% 83 69 Col G & E 6s ’52 May.... 79% 78% 79% + % 81% 68 Col G & E 5s ’61. 79 77% 78% + % 112% 110% Cornel Invest 5%s’49... 112% 112 112 39% 29 Cons Coal (Md)rf 5s ’50. 38% 37% 38 +1 104% 99 Cons Gas N Y 4 %-e '51.. 104% 103% 104% 105% 102% Cons Gas N Y 5s *57_ 105% 104% 104% - % 106% 105 Cons G N Y db 5 % s ’45.. 106% 106 106 - % 40% 29 Cuba RR 1st 5s ’52. 34 32% 32%-% 50 37 Cuba North 5%s’42_ 43% 43 43% 4- % 1% % Cuban Cane Prod 6s'50. % % Vi 107% 106% Cumberland T&T 5s’37. 106% 106% 106% - % 94% 74% Del & Hud rf 4s’43.. 79 74% 75% -3% 39% 23 Den & It G con 4s '36.... 24 23 23% — % 12 6% Den & R G W 5s '55. 7% 6% 6% - % 11 5% Den & Rio Gr 5s’55asst.. 6% 5% 6 — % 21 12 Den&RGWrf 5s‘78... 12% 12 12 — V. 111% 108% Det Edison ref 5s •52.... 109% 109% 109% + Vi 110 108% Det Edison ref 5s'So... 109% 108% 108% -1 107 106% Dodge cv deb 6s'40. 105% 105% 105% - % 110 105% Duquesne 1st 4%s’67... 108% 105% 106 -2% ~11%_ 7% EastCubaSug7%s’37.. 8% 7% 8% + % 102 97% Erie con 4s’96. 99% 88% 98%-% 79% 72 Erie gen 4s’96. 74% 72 72 -2% 74% 52% Erie ref 5s '67. 56% 52% 82% -4% 74% 52 Erie ref 5s'75. 56% 52 52% -3% 12% 6% Fla East Coast 5s'74... 12% 10 11%-% 12 5% FlaEC Ry 5s'74ctfs.... 11% 814 9 -Vi 89% 87 Gen Cable 5%s'47. 88% 88 88 +% 94 54 Gen Steel Cast 5Vis’49. 64% 64 63 -3% 9% 6% Gen Theater Eq 6s'40.. 7% 6% 7 -% 97% 92% Goodrich 6s'45. 95% 94% 95% + % 109% 108 Goodrich 6 Vis 47. 108% 108% 108% — % 106 104 Goodyear Rubber 5s’57. 105 104V, 104% - % 107% 106% Grand Trunk 6s'36. 106% 106V* 106% 106% 105% Grand Trunk 7s'40. 105% 105V* 108% - % 104 96 GrtNorRrf 4%s’61 A. 98% 96 96 -2% 79% 64% Great Nor 4%sD'76_ 71% 64% 64% -6% 93 75 Great Nor gn 5%s B’52. 81 77 77% —2% 95 82% Great Nor gen 7s'36- 86% 83% 83% -2% 95% 88% Harlem R-PC 1st 4s'54. 92% 89% 89%-% 44% 35 Hudson Coal 5s'62. 38% 35 37 -2 39% 31 Hudson & Man adj 5s’57 34% 31 32% —1% 90% 86% Hudson & Man rf 5s’57. 88% 85% 86% — 2% 111% 109 111 Bell T 1st rf 5s '56 A. 110% 109% 109% - % 8(>% 72 111 Cent ref 4s ’55. 73 72 72 -2% 63% 42% 111 Cent 4%s’68. 46% 43% 44% -1% 106% 103% Inland Steel 4%s A ’78.. 105 104% 104% - % 88** 81V* Inter Rap Tran rf 5s ‘66 88*4 87H 88 + *i» 65 52 Inter Rap Tran 6s *32... 54V» 53 54H + ^ 89*4 84 Inter Rap Tran cv 7s‘32 87«* 86V4 87 89 82 Inter R Tcv 7s’J2ctfl. 87 86 87 + Vi 102 87% Inter Cement 5s’48. 99 97% 98% — % 11% 6 Inter Gr Nor adj 6s’52.. 6% 6 5-2 56% 28% Inter Hydro El 6s’44... 85% 31% 35% 56 50 Inter Mer Marine 6s’41. 56 54% 54% — 1% 77% 62 Inter Paper 5s A'47.... 63% 62 62 -2 72 58% Inter Tel & Tel 4Vis’39. 64 62% 62% -1% 64% 50 Inter Tel & Tel 4%s ’52. 55 63% 54 -% 69% 55Vi Inter Tel & Tel 5s'55... 60V, 58% 60 +% 78% 69% Kan City South 3s'50... 74 69% 69% -5% 74V, 55% Kan City South 5s’50... 604* 55% 57 -2% 109 105% Kan City Trm 1st 4s '60. 107% 106 106% -1% 105 100% KanGas&E14%s’80.. 103% 102% 102% 57 44% Kelly Spr & Tire 6s ’42.. 49 45 45 -*% 103% 101% Kendall 6%s’48ww... 102% 102 102% - % 109% 106 Lack Stl 1st 6s'50. 106% 106% 106% - % 69% 59 Laclede 5%sD ’60. 59% 59 69%-% 10% 7 Lautaro Nitrate 6s’54.. 8% 7% 7% — % 50% 30% Lehigh Val cn 4s 2003.. 34% 30V* 31% -2% 120% 115% Liggett & Myers 5s ’51.. 120 120 120 106 103% Loew’s 6s’41. 105 104% 104% + % 115% 112%. Lorillard (P) 5s '51.... 114% 114 114 -1 128% 125% Lorillard (P) 7s ’44.... 127 125% 127 +% 69% 58 Louisiana & Ark 5s’69. 63 58 58 -4Vi 112 107% Louisville G&E 5s A’52 . 112 111% 111% 107 104% Louis* Nash uni 4s’40. 107 106% 106% - % 99% 93% McKesson &R 5%s 50.. 98% 97% 97% — % 59 50% Man Ry N Yen 4s ’90... 52% 51 51 -1% 72 63 Market St Ry 7s A ’40.. 70 66 70 +2% 102% 95% Met Edison 4%s ’68.... 101% 101% 101% + % 103% 102% Midvale St & O 5s ’36... 103% 103% 103% 94 77% Mil El R&L 1st rf 5s’61 91 90 90% - % 94Vi 76% Mil El R&L gnrf 5s’71. 90% 88% 89% -1% 36% 28% M St P&S S M con 4s '38 31 29% 30 -2% 89% 72 Mo Kan & Tex 1st 4s’90 76% 72 73 -3% 36% 14 Mo Kan & Tex adj 5s’67 15% 14 14 -1% 73 49 Mo Kan & Tex 5s A ’62.. 51% 49 47 -4 11% 6 Mo Pacific gen 4s '75... •. 7 6 6% - % SO 20 Mo Pacific rf 5s A’65... 22% 20 20 -2% SO 19% Mo Pacific 5s F ’77. 22% 19% 20 -2% 29% 19% Mo Pacific 5s G’78.. 22 19% 19% -3% 30 19% Mo Pacific 5s H'80. 21% 19% 19% -2% 30% 19% Mo Pacific 5s I’81. 22% 19% 20 -2% 7% 4 Mo Pacific 5 %s A'49..: 4% 4 4-1 103% 93% Montana Power 5s’43.. 103% 103 103% + % 95% 91% Morris &Es 3%s 2000.. 94% 91% 91% -2% 96% 87 Morris &Es 4 Vis’55.... 88 87 87 -1 105 102% Nat Dairy Prod 5%s ’48 103% 103 103% + % 108 105% Nat Steel 5s’56. 106% 106% 106% - V* 101% 94 New Jer P& L 4%s '60. 101% lOOVi lOOVi - % 68% 55% New Or P S 5s ’52 A_ 66% 65 66 68% 55% New Or PS 5s’55 B.... 66% 65 66%+% 31 22% New Or T & M 5%s ’54.. 23% 22% 22% -1% 98% 92 NY Cent 3 Vis’97. 95% 92% 93 -2% 87?* 73% N Y Cent con 4s’98 reg.. 75% 73% 73%-% 64% 43% NY Cent ref 4%s 2013.. 47% 43% 43% -4% 64% 43 N Y Cent rf 4%s 2013 n. 48 43 44% -3Vj 70!» 46% N Y Cent rf 5s 2013. 52 46% 49 —3 99 91V* N Y Cent deb 6s '35. 99 98 99 + % 112% 98% NY Cent conv 6s’44.... 102% 99% 100 -2% 66 47 N Y Chi&St L4%s78.. 50 47 47 -2% 77 57 N YC&StLrf 6%s A '74 59% 57% 58 -2 71% 48% NY C&St List 6s'35... 51 43% 43% -6% 109% 107?* N Y Edison 5s B’44- 108% 108% 108’/j — V 114% 113 N Y Edison rf6%s ’41.. 113% 113% 113% - % 39V* 26% NYNH4 Hart 4s ’56.. 29% 29 29 30% 16% N Y N H & H 4s '57. 17% 16% 16% - % 45 27% NYNH&H4%s’67... 30 27% 28% -1% 63 40% N Y N H & H clt 6s ’40... 49% 42Vi 49% +3% 52 30 NYNH&H6s’48. 33% 30 31 -1% 61 44% N YOnt&Wnref 4s'92 46% 44% 44?* -1% 111% 109 NY Tel gen '%s’39-111% 110% 110?* - % 32 17% NYW4B gen 4%s '46. 19% 18% 18%-% 75% 62V* NiagSh Md 5%s’50- 70 69 70 +% 109% 106% Norf & VV div 4s ’44.... 106% 105% 105% - % 114% 110% Norf&W 1st cn 4s ’96.. 114% 112% 112% -1% 89% 81% Notrh Am Co 5s’61. 89% 87% 88% -1 84% 74% North Am Ed 5s A’57... 84% 82V* 82% -IV 84% 71% North Am Ed 5s C’69... 84 81V* 81% -2’/: 89 78% North Am Edis 6%s’63. 88% 87V* 87V* -1% 76% 70 North Pacific 3s 2047... 74% 70 71 -3% 107 101% North Pacific 4s ’97. 104 101% 102% -2% 1 89V* 74V3 North Pacific 4%s 2047. 81 74% 74% —6V 102% 88% North Pacific 6s 2047... 95 88% 89% —7% i 107% 103 North St P 1st 5s A ’41. 107 106% 106% — M 105% 101 Ore Wash RR&N 4s'61. 102% 101 101 -1?* 91% 69% Otis Steel 1st 5s A '41.. 85 84V* 85 + % t 109 106 Pacific Gas & El 5s '42.. 107% 106V* 107 i 76 68% Para-Fam-Lasky 6s’47. 71% 70V* 71 —1 i 75 69 Para-Fa-Las 6s '47 ctfs. 71% 70% 71 -1 75% 69% Paramount-Pub 6 %s'50 73% 71% 72% -1% i 75% 68% Param-Pub 6%s ’50 ctfs 73% 71% 71% -1% i 104% 100% Penn R R 4%a ’81 D.... 103% 102 102 -IV , 104% 99V* PennRR4%sE’84.... 103% 101 101 -2V i 108% 104% Penn R R gen 4%s ’65.. 107% 104% 104% -3V i 97% 90% Penn RR4%s'70D.... 93% 90% 90% -2V 106% 104% Penn R R 4%s ’*3.106% 105% 105% - V I 107% 106 Penn RR 6s’64. 106% 105% 105% -1* > 115% 109 Penn R R gen 5s ’6«.... 111% 109 109 -3 , 106 104% Penn R R 6%s '36. 104% 104% 104% - V , 104% 98% Penn Pw h Lt 4 %s '31.. 103% 102% 103% b 106 98% Peoples GL4C ref 6s’47 104 103% 103% - V , 85 79% Philadelphia Co 6s’67.. 85 80% 85 +3V b 108 104% Phila Elec Co 4s '71..,. 107% 106% 106% - V i 53V* 30% Phila & Read CA1 «s ’4» 38% 30% 38% +3V 103% 101% Phillips Petrol 5^4s '39. 108% 102% 103% + V i, 60 60% Port Gen Elec 4%s’*0.. 69 56% 69 +2V b 60 50% Port G E 4%s ’60 asst.. 69 55% 69 +3 b 62% 40% Postal Tel * Ca 6s ’53.. 43 41 41 -2 1 102% 100% Pure Oil 6s'37.101% 101 101 -V b 102% 99% Pure Oil 5%s ’40. 101 100 101 -V b 90 82% Purity Bale 6s'41. 86% 85% 86% b 100% 96% Reading Jersey 0 48*61. 99 96% 86% -2V i 108% 106 Reading 4%s A '97. 107% 106% 106% - * i 103% 99 Rem-Rnd 6%s A ’47 ww 101% 100% 100% - * •V t — 1935 —, Net High. Low. High. Low. Close. Chge 70 64Vi St L I M A S RAG 4s *33. 68 544 56 -24 174 10 St L A S F 4g A '50. 114 104 104 -14 154 74 StL ASF44»’7i. 84 74 8 -4 864 744 San A A A Pass 4s'43... 78 744 75 -8 114 6 Seaboard A L 6s’45.... 54 5 5 —1 1034 1024 Shell Union 011 6s ’47... 103 1024 1024 + 4 105 1034 Sinclair 011 64s B’3S... 1044 1084 104 104 1024 Sinclair Oil 7s A *37.... 1024 1024 1024 - H 1024 984 Skelly 01154s'39.1014 101 101 -4 110 1084 South Bell T AT 5s'41. 1094 1094 1094 + 4 111 1094 Souwst Bell Tel 5s A'54 110 1094 1094 -4 724 604 South Pac col 4s '49.... 64 604 604 +34 964 89 South Pac ref 4s’66.... 924 89 894 -34 69 664 South Pac 44s ’68. 61 67 574 -4 694 554 South Pac 44s'69 ww.. 61 664 57 -44 684 66 South Pac 44s’81. 604 664 664 -44 834 734 South Pac Ore 4 4s’77.. 764 744 744 -14 624 334 Southern Ry gn 4s A'56 424 3d4 39 —4 1034 864 Southern Ry 5s’94 . 914 864 864 -84 81 484 Southern Ry gn 6s ’56.. 53 484 484 —8 86 464 Southern Ry 64*’56... 594 464 464-124 1044 102 Stand Oil NY 44s'51.. 103 1024 1024 + 4 48 444 Studebaker Cp cv 6s'45. 46 444 46 — % 1004 90 Tenn El Pwr 6s A'47... 944 984 94 -1 1044 103 Texas Corpcv 5s’44.... 1034 1034 1034 + 4 934 79 Texas Pacific 5s B'77... 86 79 79 -74 934 794 Texas Pacific 5s C *79... 86 794 794 -64 934 794 Texas & Pac 5s’80 D.... 86 794 794 —64 684 544 Third Ave 1st rf 4s ’60.. 544 544 644 -64 264 234 Third Ave adj in 5s’60.. 25 24 244 + 4 1114 1074 Union Pacific 1st 4s ’47. 1104 110 110 — 4 1034 994 Union Pacific 4s ’68. 1014 1004 1004 - 4 •— 1936 —> Net High. Low. High. Low. Oloae. Chi*. 108% 104% Union Pac 1st rf 4s 2008 107% 106% 106% -1% 107 104 Unit Biscuit 6s *42. 104% 104% 104% 93% 87 United Drug Ss '61. 89 87% 88% + % 96% 90% U S Rubber 5a’47. 93 90% 98 +1 85 65 Utah L&T 5s'44 A. 84% 88% 33%+% 85% 69% Utah Pwr & Lt 6s '44... 84 82% 83% + % 37% 20% Util Power 5s'49 ww... 37% 33% 37% +2% 40% 24% Util Power 5%s’47..... 40% 37% 40% +2 94% 83% Vanadium cv 5s '41. 88 88% 84 -4 113 110% Virginia Ry 1st 5s A '62 111% 110% 111 — % 96% 89% Wabash 1st 5s '39...... 91 89% 89% -2 19% 12 Wabash 5s B'76.v, 12% 12 12 -% 19% 12% Wabash 5%»'75. 12% 12% 12%-% 60 36% Walworth 6s A '45.. 40 38% 39% + % 60% 48% Warner Bros cv 6s '39.- 51% 49% 60% —1 42% 83 Warren Bros cv 6s ‘41. „ 36 33 33% —2% 86% 74% West Shore 1st 4s 2361.. 77 74% 75% -1% 106% 104% Western Elec deb 5s'44. 106% 105% 105% -1 96% 87% Western Md 1st 4s '52.., 94 90% 90% -8% 102 96 Western Md5%s'77... 99 97 97 -2 88 82 Western Un 4%s'50.,.. 84% 84 84% — % 102% 101% Western Union 6s'38.— 102% 102% 102% 91 82% Western Union 5s’51... 87 84% 87 +1% 88% 80 Western Union 6s'60... 84 81% 83 +1% 102% 100 Western Union 6%s'36. 101 100% 101 +% 96 90 Wheeling Steel 4%s '53. 95 94% 94% + % 103% 100% Wheeling Stl 6%s ’48 A. 103% 102% 103 110% 108% Wilson & Co 1st 6s ’41... 109% 108% 108% — % 99% 91% Youngstown Stl 5s B'70 93 91% 91%- % 98% 91% Youngstown Stl 5s '73 A 93% 91% 92 -1% N. Y. STOCK EXCHANGE SUMMARY P™■■■■■■■■■■■■••**■■*■*■■»■■■*■M■■MM■MMMMBMiMMHMlMMHMMMMHMHBi■MMM■MlMMimmM■Ml■MHIMlM (Continued From Page 3.) 1935 —» Stock and Sales— Net High Lew. Dividend Rate. Add 00. High. Low. Close. Chse. 12+ 9+ United Gaa Imp (1) 203 11V* 10S 11'/* + + 95 87+United Gas lpf (5). 7 95 94 94 +1+ 574 2+United Pee D W.... 7 3+ 2*. 2+ — + 33', 16 United Pee D W pf. 490s 18 16 16+-3+ 2% 1*4 U S Distributing... 1 1*4 1*4 1+ 10 6+ U S Distributing pf. 10s 6+ 6+ 6+ + '» US Express. 1 + (4 (41 7(4 4+ U S & For’n Seeur.. 13 5 . 4Vi 5 — + 84 65V* U S& For 1st pf (6) 1 6514 6514 65+-14+ 15'j 11 U S Freight (1).... 1 11'* 11'4 11H + >4 5314 40', US Gypsum (1).... 20 42+ 42 42+ — “4 148 143 U S Gypsum pf (7). 50s 147 145(4 147 +1(4 7(4 5 US Hoffman. 2 6 5** 6 + + 45+ 35+U S Ind Alcohol (2). 82 38(4 36+ 38(4+ ** 6(4 3+ U S Leather. 3 4'4 4+ 4+ 12*4 7(4 US Leather (A)... 9 8(4 8 8+- V* 22 14(4 U S Pipe & F (50c). x 26 16+ 15(4 16+ + (4 20+ 19+U S P&F 1st pf 1.20 x 2 20V4 20(4 20(4 + 14 7 3 U S Realty & Impr.. 12 3(4 3(4 3V, — + 17(4 9+U S Rubber. 34 11*4 10(4 10", — (4 42+ 24(4 U S Rubber 1st pf.. 37 28(4 26(4 27 — + 124+ 100+ US Smelt&R (t6).; 242 117 100*4 103V*-12(4 69 62+ US Sm&RpfUVi). 4 68(4 68(4 68(4 + IV* 40(4 27+US Steel. 202 29*4 28(4 28+- + 94 73+US Steel pf (2).... 29 7714 75*4 76(4 -1+ 130V* 119V, u S Tobacco (+7*4). 6 130** 127+ 127V, -2+ 152+ 149V* U S Tobacco pf (7).' 10s 150+ 150(4 150+ +2+ 7(4 3V* United Stores (A).. 13 4 4 4 — (4 65+ 48+United Stores pf... 1 48+ 48(4 48+—1+ 59 51 Unlv Leaf Tob (2).* 7 52V* 52 62 -(4 140+ 133+ Unlv Leaf T pf (8). 30a 139 139 139 + + 40+ 36+ Unlv Pic lstpf. 30# 40 40 40 2(4 1(4 Unlv Pipe* Rad... 8 1*4 1+ 1+ — + 19+,12 Unlv Pipe* Rad pf. 140s 17+ 16 16+—1+ 2 1 UtilPwr&Lt (A).. 22 1+ 1+ 1+- V* 1+ + Vadsco Sales Corp.. 11 V* *4 "4 21** 13+Vanadium Corp.... 14 14+ 14 14+- (« 14*4 11+ Van Raalte. 5 13+ 13 13+ + + 94*4 91 Van Raalte 1st pf 7 . 160s 93 92+ 92' . -t- + 37+ 34+Vick Chem (t2.40). 16 37+ 36(4 37 + + 4*4 2+ Va-Car Chemical... 12 3 2+ 3 27V* 18 Va-Car Chem 6% pf 5 20+ 19*. 19** — + 92 72+Va El & Pwr pf (6). 410s 92 89 92 +3 81+ 63+Vulcan Detin (a4).. 120s 66+ 63+ 64 -3 2+ 1+Wabash <k). 3 1+ 1+ 1+- + 3+ IV* Wabash pf (A) (k).- 3 1+ 1+ 1+ 7+ 4+ Waldorf Sys (h20c) 1 4+ 4+ 4*, — + 31 27+Walgreen Co (ml). 4 28+ 27+ 28+— + 117 114 Walgreen pf (6 + ). 140s 117 116 116 3(4 1+Walworth Co. 6 IV* 1+ 1*4+ + 6*. 5 Ward Baking (A).. 2 6+ 5+ 5+t + 1+ IV* Ward Baking (B)... 10 1+ 1+ 1+ — + ,—1935 —. Stock and Sales— Net Hlrh Low. Dividend Rate. Add 00. High Low. Close. Chge. 32* 28* Ward Baking pf (2) 5 30* 29* 30*+* 4* 2* Warner Bros Pic... 83 2* 2* 2* 24* 14* Warner Bros Pic pf 10s 16* 16* 16* 1* * Warner-Qulnlan.3 * * * + * 6* 2* Warren Bros.. 2 3* 3* 3* — * 28 21 Warren Fdy&P (2). 1 21 21 21 -2 39 30* Wesson O&S U*. 16 32 31* 31*-* 76 72 Wesson O&S pf (4). 9 75* 75* 75*-* 53 34 West Pa Elec A <7). 350s 42* 41 41*+ * 64 36 West Pa Elec pf <6) 460s 48* 43 48*+3* 60* 39* West Pa Elec pf (7) 460s 52* 48 52*+2* 102* 95 West Pa Pw pf («). 650s 102 V* 100 102* +1* 111* 104* West Pa Pwrpf (7) 310s 111* 110 110 — * * * Western Dairy pf B 1 * * * 9* 5* Western Maryland. 9 6* 6 6* —. * 11* 7* Western Md 2d pf.., 2 8 7* 7* — * 3* 1* Western Pacific.... 4 1* 1* 1* 7* 2* Western Pacific pf.i 8 3* 2* 2* — * 34* 20* Western Union. 76 24* 22* 23*—* 27 18 Westingh'se AB 50cx 43 19* Is 19 — * 41 32* Westingh'se Elec... 173 36* 34* 35*—* 99 90 Westh’se 1st pf 3 * , 40s 94* 94 94*-2* 14 10 Weston Elec Inst... 2 10* 10 10 — * 32 29 Weston Elec A (2). 40s 30* 30* 30*—* 23* 16* Westvaco Chi (40c) 3 19 18* 19 +1* 20* 14* Wheeling Steel. 2 15 14* 14*-1* 58 46* Wheel Stl pf <j50c). 1 49 49 49 -2* 18* 6* White Motor. 940s 8* 7* 7* - * 24* 13* White R'k MS 1.40.x 12 14* 13* 14* + * 2* 1* White Sewing Mch. 15 1* 1* 1* + * 9* 6 White Sew Mach pf. 2 7Vj 7* 7* +1* 2* 1 Wilcox Oil & Gas... 7 1* 1* 1*—* 7 4* Wilson & Coal2*c. 98 5* 41* 4*-* 75 67 Wilson & Co pf (•).. 13 69* 67 67 —2* 55* 51 Woolworth <2.401... 104 53* 53 53* — * 21* 11* Worthington Pump 4 13 13 13 — * 44* 25* Worth Pump pf A.. 140s 29 28 28*+ * 33 20* Worth Pump pf B. . 2 22 22 22 52* 35* Wright Aero.120s 45 41* 41*-5* 79* 73* Wrlgley(Wjr)t3*. 14 75* 73* 73*-1* 4* 2* Yellow Truck. 11 3 2* 2*—* 42 34* Yellow Truck pf... 50s 36 36 36 +1* 21 18 Young Sp & W U*. 2 19 18* lg* - * 21* 13 Youngstown S&T. .• 47 14* 13* 14*— * 2* 1H Zenith Radio. 2 1* 1* 1*-* 4* 3 Zonlte Product*.... 19 3* 3* 3* + * Dividend rates as given In the above table are tbe annual caab payments based on the latest quarterly or half-yearly declarations s Unit of trading lesa than 100 abares. tPartly extra. SPlus 9% In stock, b Paid last year—no regular rate, b Payable id stock, e Payablt in cash or stock t Plus 81 tn special preferred stock. (Plus 4% in stock a Paid this year. 1 Accumulated dividends k Companies reported in receivership or being reor ganized m Plus 5% in stock, n Plus 3% In stock, p Plug >« in stock x Kx-dldlvend. Chicago Grain By the Associated Press. CHICAGO, March 29.—Severe dust storms reported as extending from Texas to Nebraska gave a quick lift to grain prices today. Not only were fears expressed by traders that the dust storms might cause widspread crop damage, but ap prehension also was voiced that freez | ing temperatures predicted for Kansas and Nebraska would be likely to have ill effects on wheat prospects. Reas suring advices regarding a future out let for Canada's surplus were an addi tional strengthening price factor. After scoring a maximum ‘rise of 1*2 cents a bushel, wheat closed firm, cents above yesterday's finish; May, 95V4a%; corn 12a2 cents up; May, SOUa’S; oats, a■% advanced, and provisions varying from 5 cents | decline to an equal gain. With no material pressure to sell j apparent, the wheat market readily I responded to bullish news. Most heed I was given to reports of dust storms ! said by many points to be the worst so far this season. A typical message that came from Dodge City, Kans., said the dust conditions were such that it was Impossible to see across the street. For the time being, European mone tary and political developments were ignored. Decided interest, however, was shown regarding statements at tributed to John I. McFarland, head of the Canadian government wheat pool. He was quoted as declaring he still believed his forecasts would be borne out that Canada's wheat carry over on July l, next, would be but 100,000,000 bushels, although it now amounts to around 235,000,000. Corn and oats values went higher with wheat, and as a result of en larged buying of corn futures. Provisions were steadied because of grain market strength. Grain range at principal markets today; ... . Prev. Low. close, close. MARCH WHEAT— Liverpool.. MAY WHEAT— Chicago,.95% .94% .95'« .94% Minneapolis.. 1.04% 1. oil’s 1.04% 1.03% Kansas City. .94% .94% .94% -.93% Winnipeg.85% .85 .85 .84% Liverpool.75% .75% .75% 45% JULY WHEAT— Chicago.92% .92% .92% .91% Minneapolis.. 1.00% l.oo l.oo% .99114 Kansas City. .89% .88% .8!) .88% Winnipeg.85% .84% . 84114 .si3, Liverpool.78% .78% .78% .78% SEPTEMBER WHEAT— Chicago.. .92% .91% .92 .91 % Minneapolis.. .95 .94% .94111 .94% Kansas City. .88% .8.8% ,88% 88% Liverpool, Oct. .80% .80% .80% .80% Exchange. 4.80%. MAY CORN— . Chicago.80% .79% .80% .791/4 Kansas City. .82% .82% .82% .82 JULY CORN— Chicago.74% .74% .74% .73% Kansls City. .77% .77% .77% .70% MAY OATS— Chicago.45 .44% .44% .44% Minneapolis.. .45% .45% .4514 .44% Winnipeg.40% .39% .40 .39% Chicago Cash Market. Wheat, No. 2 red, 97%; corn, old No. 2 yellow. 85%; new, No. 4 mixed. 79; No. 4 yellow, 81%-83%. SAVANNAH NAVAL STORES. SAVANNAH. March 30 IIPi.—Turpentim firm. 47%a%: sales. 204: receipts. 109 no shipments: stock. 9,021. Rosin firm sales. 591; receipts. 479: shipments. 100 stock. 43.619. Quote: B. 3.50; D. 3.80 E. 4.00: P. 4.25: O. H. I and K. 4.35; M 4.35a40; N. 4.95a5.00: WO. 6.50; WW 6.55; X. 6.30. STOCKS TEND UP DESPITE CLOUDED . WORLD PROSPECTS (Continued From First Page.) totals in recent months, the total for February having been only 3,974 bushels. Comparisons of February, 1935, with the month last year show that imports i of cattle (except for breeding) were ! valued at $620,094. against $67,981 a | year ago: canned meats, $292,022, j against $99,030; butter, $561,510, | against $9,935; grains (rye, corn, oats, I barley and wheat, except that for grinding in bond and re-export). $3, 254,999, against $156,923. and fodders and feeds, $1,832,951, against $111,612. Employment Increases. Despite the growing difficulties of Government bureaus, which are beset by critics and which have so little of accomplishment to show, there are signs of fundamental betterment. The National Industrial Conference Board has recently estimated that the number of unemployed was reduced 242,000 in February, the total now standing at 9,898,000, as against the peak of 13,300.000 In March, 1933. The board also estimates that total pay rolls were 22.4 per cent higher in Janu ary, 1935, than In January, 1934. The individual worker's position was also strengthened during that period, for average weekly earnings increased 14.4 per cent and “real” weekly earnings— which take account of rising prices— were 8.6 per cent higher. (Copyright. 1935. by North American Newspaper Alliance. Inc.) NEW YORK SUGAR. NEV/ YORK. March 30 (£»).—1The raw sugar market continued to dis play a firm tone today. Transactions in spots on the basis of 3.15 repre sented a new top for the year to date, j Shipment sugars sold as high as 3.19. A considerable amount of business was done as of yesterday and today. Futures were bid up 2 to 4 points in the early trading, but slipped back a little near the close under realizing. There was active trade covering against sales of the actual and the market remained under the influence of the rising trend in raws. Futures. No. 3, dosed steady, la2 high er; sales. 15.750 tons „ High. Low. Last. May .... 2.1 Sb 7ulv . 2.25 2.24 2.24b September . 2.31 2.29 2.29b December. 2.3fi 2.34 2.34b January. 2.24b March . 2.25 2.25 2.24b b—Bid. WE PURCHASE SmmN Second Trusts on Business and Residential Properties and Chattel i Mortrares SECURITY-REALTY CORP. Earle Bldg. Met. 1177 MASSACHUSETTS INVESTORS' TRUST | Prospectuf Will be Sent on Request l v S. Goilde.x & CoM Inc. Woodward Bide. NatL 2000 LOANS AT 5% —on downtown centrally-located busi ness propertv Also apartment bouse loans at 5'rz r. Reasonable commis sions. Tyler and Rutherford, Inc. 1520 “K" 8t. N.W. Natl. 0175 LOANS We Will Make Firtt Tru.t Construction Loans on Residential Properties Prompt Action on Applicstion Real Estate Mortgage and Guaranty Corporation 1610 K St. N.W LOANS We hare fund, available for First Trust Loans on Beal estate in D. C and nearby Md. and Va. Larre or small amount, at pravalllng rates of interest. BetiaasaC* owmmtoston. Premvt »<!»>(■ diisi oofltcstlons. BRADLEY, BEALL & HOWARD Phone Na. 02*1 Southern Bldg. Established Over 35 Tears STATISTICAL CLERK Opening Final Class Monday, April 1st Special course preparing for civil service examination starts Monday evening at 7:30 p.m. The course includes only material essential for examination, which was es pecially prepared for exclusive use by this school. There is home work practice material for each assignment, covering intelligence tests, elementary computations, tabulation and graphing, which are presented in mimeographed assignments. The lectures are illustrated with projector slides, presenting comparisons of stu dents' work. The class is person ally conducted by two experienced instructors, one of whom is a practical statistician. This will be the final class before examina tion. Reservations will be held until 7:30 p.m. Monday, April 1st. MOUNT PLEASANT SCHOOL FOR SECRETARIES Tivoli Thntrr Building 14th Street and Park Road Telephone Columbia 3000 If-..- ■ . -. -»-■ | MORTAGELOANS INVITING TO A^^^ INVESTORS BECAUSE (mthere are no frequent reinvestment ■A fayj) problems to be solved—and our FIRST MORTGAGES do carry with them liberal interest and sound security for principal. Owr May be purchased in amounts Forty Years from $250 up. Experience _ B. F. SAUL CO: First Mortgage REAL ESTATE Investments National 2100 925 15th St. N.W. PROPERTY MANAGEMENT a