Evening star. [volume], May 31, 1936, Page G-4, Image 60

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

Image provided by: Library of Congress, Washington, DC

                
STEEL MILL LABOR
ROLL EXCEEDS 1529
.Youngstown Plants Add to
Employes Despite New
Factory Methods.
By the Associated Press.
YOUNGSTOWN, Ohio, May 30
Figures released by steel companies
disclosed that Youngstown district
steel mills are employing more work
men than in 1929.
One of the largest steel companies,
the Youngstown Sheet and Tube Co.,
has nearly 12,000 men on its pay roll,
the figures showed, more than It em
ployed in 1929. This condition has
been attained in spite of the displace
ment of old hand-worked sheet mills
by the company’s new continuous
strip mill, virtually automatic.
In some classifications there is an
actual labor shortage. This appears
chiefly in the highly skilled work at
open hearth furnaces and in rolling
mills, where five or six years’ ex
perience is needed to turn out a com
petent workman.
One employment agent said he
could use "skilled mechanics of al
most all kinds," and another said that
his company experienced a shortage
even in certain kinds of common
labor.
we nave recalled virtually every
man we ever carried on our pay roll
whom we can get now,” one steel offi
cial said. "In addition wre have hired
hundreds of new employes, mostly
young men.”
These young men Include college
graduates who have begun at com
mon labor wages In apprenticeships,
which will lead eventually to higher
pay at skilled jobs.
Groups of young men still are seen
around employment agencies, but ex
ecutives said many of these are not
physically adapted for mill work.
While re-employment of steel work
ers is virtually complete, many of the
men still are working only two or
three days a week. These are men in
departments which require special
skills, but have not enough orders to
work full time. The men on these
crews, officials said, have not the kind
of skill required In other departments
and so cannot be shifted.
In busy departments, crew's are be
ing worked more than the standard
40-hour week.
“We hate to do it.” an employer
said, "but we can’t find the skilled
men to make up another shift in these
departments.”
100 STOCKS CUMB
4.6 PCT. FOR MAY
Only Oils Group Declines in
Value—Utilities Have
Biggest Gain.
Special Dispatch to The Star.
NEW YORK, May 30.—The market
Value of 100 representative common
stocks Increased $874,914,000, or 4.6 per
cent, in May, according to the monthly
compilation of Frazier Jelke <fe Co.
The 100 issues at the close of the
month were appraised at $19,849,838,
000 compared with $18,974,924,000 at
the end of April and with $20,599,484,
000 at the end of March.
In May, 12 of the 13 sub-groups ad
vanced. Only the oils declined and
the petroleum group dropped back
only 0.2 per cent. On a dollar basis,
the largest rise was in the utilities,
which advanced $134,312,000, the rails
appreciated $107,585,000, the chemi
cals gained $105,140,000 and the
AJ1L11CS, $C70. I if i ,UUU.
On a percentage basis, the largest
rise was in the railroad equipments,
which advanced 12.1 per cent. The
utilities were 10.5 per cent higher at
the end of May. Other advances were
9.1 pier cent in the chemicals, 7.3 per
cent in the foods. 7.3 per cent in the
retail group, 5.9 per cent in the elec
tricals. 5.8 per cent in the rails, 5.5
per cent in the mines, 5.2 per cent in
the steels. 3.7 per cent in the building
shares. 3.4 per cent in the miscella
neous industrials and 2.2 per cent in
the motors.
According to the Jelke computation,
stocks have advanced in 12 of the
past 13 months.
winnTpeggrain
By the Associated Press.
WINNIPEG, May 30.—The upward
trend continued as the Winnipeg
Grain Exchange operated on its own
with most outside markets closed.
Wheat prices finished %a34 cent
higher, May at 76 V4, July 77 7i, and
October 77 % cents.
Speculative demand for futures
continued as high temperatures again
were reported from the West's grain
growing area. Crop damage was
feared in many sections with no relief
from the five day heat? wave in sight.
With the Chicago market closed and
the Liverpool Exchange on holiday
over the Whitsuntide, local operations
were restricted.
A minimum of buying sufficed to
send prices sharply higher at the
opening. Despite occasional flurries
of profit taking, particularly in the
late stages of the session, most of the
early gains were retained and the
close was strong.
Reports from North Saskatchewan
told of an urgent need of rain over a
wide area. Though it was too early
in the season to estimate possible
damage to wheat just showing above
ground, deterioration was feared un
less moisture was received within a
, few days.
The result of the holiday in Great
Britain export sales of Canadian
wheat was small, estimated at only
200,000 bushels.
Cash and coarse grains were
firmer.
Prev.
Wheat—Open. High. Low. Close. Close.
May-.76% .76% .76% ,76%a .75%
July... .76% .77% .76% ,77%b .76%b
Oct- .77% .78% .77% ,77%b .77%
Oa ts—
May_.32% .32% .32% .32% ,31%b
July... .31% .31% .31% ,31%b .31%
Oct_ .30% .30% .30 .30 .30%a
Barley—
May... .37% .37% .37% ,37%a .37%b
July... .36% .37 .36% .36%b ,36%a
Oct_ .30% .36% .36% .36%a ,36%a
Flax—
May_1.46% 1.48 1.46 1.46V, 1.45%
July...1.45% 1.47% 1.45% 1.40% 1.45%a
Oct_1.43 1.43% 1.42% 1.42%a 1.41%*
May... .42% .42% .42% .42%a .42%
July_.43*4 .43% .43 .43 .42%a
Oct_ .44% .44% .44% .44 *4, .44%
a—Asked, b—Bid.
LEE RUBBER*& TIRE CO.
SHOWS $101,296 PROFIT
By the Associated Press.
NEW YORK, May 30.—Lee Rubber
it Tire Co. with plants at Consho
hocken, Pa., and Youngstown, Ohio,
reported for the six months ended
April 30 net profit of $101,296, equal
to 39 cents a share on the capital
stock, compared with $112,970, or 44
cents in the same period a year ago.
New Bond Issues
In Canada Total
$49,651,000 in May
Special Dispatch to The Star.
TORONTO, May 30.—Offerings of
new Canadian bond Issues In May
amounted to $49,651,000, as compared
with $10,416,000 In April, according to
the Dominion Securities Corp.
Corporate issues continued to be the
feature of the new issue market, as
has been the case since the first of the
year.
During the month total new indus
trial issues amounted to $8,830,000,
of which $7,100,000 was accounted for
by refunding loans of Famous Play
ers Canadian Corp.
The Province of Nova Scotia sold
an issue of $4,579,000 314 Per cent
bonds, and the Hydro Electric Power
Commission of Ontario, guaranteed by
the Province of Ontario, sold $30,000,
000 8-year at* per cent bonds on May
28 on a 2.65 basis.
Home Construction Steps
Up to Highest Level
Since 1932.
By the Associated Press.
NEW YORK, May 30— Industry
rode along the crest of the recovery
movement's recent peak this week, with
residential building supplying the
necessary forward impetus.
The Associated Press seasonally ad
justed index of industrial activity was
89.0, against 89.2 last week and 70.8
in the comparable period a year ago.
Residential building stepped up to
the highest level since early 1932, as
the demand held up well beyond the
normal seasonal top.
Automobile output slipped back less
than the customary seasonal amount,
with the high rate of retail sales acting
as a bulwark against the Summer re
action.
Total carloadings rose less than wras
to be expected, although miscellaneous
loadings gave a seasonal performance.
Cotton manufacturing, electric power
production and steel mill activity
| dipped slightly on an adjusted basis.
| The index and its seasonally adjusted
: components, based on the latest avall
! able statistics and with 1929-30 as 100,
follows:
Last Previous Last
week. week. year.
Composite index_ 89.0 89.3 70.8
Automobile prod. __ 89.9 89.5 85.3
Steel mill activity 91.1 93.1 58.8
Cotton mfg activity 10.3,8 104.9 78.9
Electric power prod. 107..3 107.8 9S..3
Residential bldg • 45.8 43.4 37.8
Total carloadings _ 70.3 70.4 81.6
•New 1935 high.
I CORPOR ATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.
NEW YORK, May 30,-The follow
! ing is today's summary of corporation
news prepared by Standard Statistics
Co., Inc., New York:
Lockheed Aircraft Corp.—Unfilled
orders of company total around $630,
000; employment of company has
gained 30 per cent since April 15.
Continental Motors Corp.—Deficit, 6
months ended April 30, was $105,177,
vs. deficit of $471,659.
Fisk Rubber Corp.—Company took
no action on quarterly dividend on 6
per cent preferred stock, last payment
on which was $1.50 a share on April 1,
1936.
Crocker-Wheeler Electric Mfg. Co.—
Bookings of company in first 4 months
were 32 per cent greater than in same
period 1935: each of first four months
showed a profit.
Aluminum Co. of America—Declared
a dividend of 50 cents a share on ac
count of accumulations and a quarterly
dividend of 37*-2 cents on 6 per cent
preferred stock: on April 1, 1936. 50
cents a share also was paid on arrears;
giving effect to current distribution,
arrears on this issue amounted to
$16.25 a share.
Underwood. Elliott Fisher Co.—Com
pany filed an amendment with Se
curities & Exchange Commission fixing
price at which 66,644 additional com
mon shares were to be offered, initially
to stockholders, at $75 a share.
Pure Oil Co.—Company called for
payment July 1, at 102’^, $2,500,000
of its 4 \\ per cent notes, due July
1, 1950.
Kimberly-Clark Corp. — Company
called for payment July 1. at 101'4,
$1,702,000 of its first A 5s, due July
1, 1943.
New York. New Haven & Hartford
R- R-—It was stated trustees of road
at a hearing before Federal Judge
Hincks, New Haven, expressed the
opinion that a reorganization of New
York. Westchester & Boston Ry. is
impracticable and steps should be
taken looking to a liquidation of the
property. Judge Hincks decided to
appoint a neutral expert to study the
various operating contracts between
the two roads.
New York, Ontario & Western Ry.—
Deficit, four months ended April 30,
was $161,092 vs. deficit of $117,054.
Pittsburgh & West Virginia Ry.—
April net railway operating income
was $132,652 vs. $53,195: in four
months net railway operating Income
was $441,766 vs. $311,475.
United States Pipe & Foundry Co.—
Company’s new issue of $5,000,000
10-year convertible debentures, due
May 1, 1946, has been absorbed almost
entirely by stockholders under sub
scription rights.
Amolffamata^ O,,, es- e<_
-- ww. wuwtpaitj
called 2,274 shares of 8 per cent cumu
lative sinking fund first preferred
stock for redemption on August 1 at
$120 a share, plus all unpaid accrued
dividends theron to August 1, 1936,
amounting to $74 a share.
American Crystal Sugar Co.—Com
pany called for redemption on July 1,
at $110 a share, all of its outstanding
7 per cent preferred stock; directors
declared a dividend of $67 a share on
second preferred, being the aggregate
amount of all dividends which had
accumulated and were unpaid; privi
lege presently existing to exchange
second preferred stock for first pre
ferred stock of company, on basis of
one share of former stock for one and
six-tenths shares of latter stock, will
continue to June 20.
British-American Tobacco Co.. Ltd.
—An interim dividend for year ending
September 30, 1936, of lOd, tax free,
but less expenses of depositary, will
be paid on American depositary re
ceipts for ordinary stock of this com
pany on July 8; similar amount on
foreign ordinary shares will be paid
June 30.
Monongahela West Penn Public
Service Co.—March quarter preferred
share earnings were 88 cents vs.
98 cents.
1
WEEKLY SUMMARY OF THE NEW YORK CURB MARKET I
tUtK ENUINU SAI UKliA I, MAX 30, 1030.
By the Associated Press.
1930 Net
High. Low. 8tocks and dividends. ’ High. Low. Close. Chge.
46% 40 Acme Wire vtc (2)_ 42% 40 42%-%
113% 108 Adams Mill 1st pf <T)__ 108 108 108
22 15 Aero Supply Urg (A)_ 22 21 22 41%
4% 2% Aero Supply <B)_« 3% 3% 3% 4- %
4% 2% Air Investors Inc_... 3 3 3
1% til Air Investors Inc ww 14 . % %
48% S7% Ala Great Southern__ 41 40% 41 4 %
76 68 Alabama Power pf (6>„ 65 63% 65 41%
82% 67% Alabama Power pf (7). 73% 71% 73% 42%
23% 19 Allen Industries (1)_ 21% 20% 21%
4% 2% Alliance Investment_ 3 3 3 — %
25% 21 Allied Froductsi*) !\. 22% 22 22% 4 %
152 87 Aluminum Co of Amer 123 118% 122% 43%
121% 109 AlumCoof Ampf(l%). 113 112 113 -%
18 15 Aluminum Goods (60c)- 17% 17% 17%-%
75 45 Aluminum Ltd__ 65 61 65 44
4% 2% Am Beverage Corp__ 3% 8% 3%
77% 71 Am Book Co (4)_ 72 72 72
9 4% Am Capital (A)_ 6% 6% 6% I
2 ft Am Capital (B)_ 1 tt 1
36% 27 Am Capital pf (a50c) — 33% 33 33% 41
91% 86% AmCappr pf (5%). 88 86% 88 41
48% 44% Am Cities P & L (3) A.. 45% 45 45%
9 6% Am Cities P * L (B>_ 6% 6% 6% 4 %
40% 29% Am Cynamld (B) (60c). 36% 34% 35% - %
125% 116 Am DTelN Jcvpf (7). 125% 125% 126% 41%
5 3% Am & For Pwr war_ 3% 3% 3% 4- %
24% 19 Am Fork & Hoe (60c)_ 20% 19% 20% + %
43% 33% Am Gas* Elec (1.40)_37% 36% 36%
114 108 Am Gas & Elec pf (6)_111% 111 111% 4 %
12 7% Am Gen Corp_ 8% 8% 8%
46 29 Am Hard Rubber_ 30% 29% 80% 4 %
27H 19k Am Laundry Mch (40c). 24k 24 24
25 17k AmLt&Trac (1.20)_ 21k 20k 21 +k
24k 14 Am Mfg Co_ 20 19 20 +1
lk A Am Maracaibo_ lk lk lk
39k 18 Am Meter Co_ 28k 26k 28k 41k
29 21k Am Potash & Chemical. 25 24 24k 4lk
4Vi 2 Am Superpower__ 2k 2U 2k — k
63>» 32 Am Superpower pf__ 40k 86k 40k 44k
99k 82 Am Superpwr 1st pf (6). 87k 85k 87k 42V4
4k 4k Am Thread pf (25c)_ 4V. 4k 4k
2k lk Anchor Post P (d)__„„ lk lk lk — H
6 4k Angostura (20c)_ 6k 4k 5k 4 k
25 13 Apex Elec Mfg_ 25 20 24k 44k
109 10414 Appalach El Pw pf (7)_. 107k 107k 107k 4 k
4 k Arcturus Radio Tube... lk lk lk 4 k
2 7k 3V* Ark Natural Gas__ 6V4 6k 6
7k 3k Ark Nat Gas (A)_ 6k 5k 5k — k
9k 7k Ark Nat Gas cum pf__ ‘8 7k 7k
96 85 ArkPwr&Ltpf (7)_ 86 85 86 41
12k 9k Art Metal Works (60c). 10k 10k 10V4
12k 10k Assoc E I Ltd a29 7-lOc. Ilk Ilk Ilk 4 k
2k 1 Asso Gas & Elec_... lk lk lk
3k 1 Asso Gas* Elec (A)_ lk lk lk *'
14k 5k Asso Gas & Elec $5 pf_. 8k 7k 8
41k 26k Asso Investment (|1 k) 41k 40 40k 4 k
3k lk Asso Rayon__ 2k lk lk 4 k
16k 9 Atlantic Coast Fish_... 10k 9k 9k — H
16k Ilk Atlas Corp (a40c)_ 12k Ilk 12
4k 2k Atlas Corp war 2k 2k 2k
65 61 AtlaeCorp pf (3) A_ 63k 63k 63k - V*
11 7k Atlas Plywood_... 7k 7k 7k — k
lk lk Austin Silver_ lk lk lk - k
11 8k Auto Products_ 10k 9k 10k 4 k
12k 8 Auto Voting Mch(t50c). 8k 8k 8k
55V. 43 Ax-Fisher Tob (3.20) A. 441. 43 44k - k
103 70 Babcock* Wilcox (1) . 86 81 86 46k
2k k Baldwin Loco bd rta (d) k k k
148 142 Bell Tel of Can (6)_144k 144k 144k 42
19k 1! k Bickford's Inc (1)_ 14k 14>, 14k 4 k
30 20 Black & Decker Mfg Co. 22k 21 22k 4 k
27 13k BllssCo (E W)_ 18k 17k 18k 4lk
4k 2k Blue Ridge Corp_ 3 2k 2k - k
53 44k Blue Ridge conv pf( 3). 46 46 46 — k
2bV* 15k Blumenthal (S>_ 17k 15k 15k — lv.
50 34 Bohack(HC)lst pf t2k. 38 34 34k -3k
lk k Botany Cons Mills (d).. k k k 4 V4
29v, 20'i Bower Roll Bearing (1). 21k 20k 21V. + k
15k 9k Brazilian T Lt * Ta30c. 12k 12k 12k
20U 13V* Bridgeport Machine_ 16V* 14k 15V* 4 k
8k 3 Brill Corp (A)_ 4k 3k . 3k — k
Am. ear y*_lit n__ n v n o n i
84 74 Brillo Mfit (60c)_ 8 74 8 + 4
324 28 Brit-Am T cou B (554c. 30* 30* 30* - V,
154 7* Brown Co pf_84 74 84 +1
104 64 Brown Forman Dla_94 9 94 + 4
31 274 Brown FA W (A) (2)-_ 29 29 29 +4
60 394 Buckeye Pipe Line (3). x424 424 424 -4
254 234 B N A E P pf (1.60)_ 244 244 244 + 4
107 103 Buff XiacAE’t 1st of (5) 106 106 106 + 4
62* 48 Bulova Watch cv pf_ 62* 62 62 —4
85 514 Bunker HASul(t2)_ 74 724 74 +14
4 4 Burco Inc war__ 4 4 * — *
40 334 Burco. Inc cv pf (3)__ 34 34 34 + 4
10* 74 Butler Bros__ 9* 84 94 + *
2* 4 Cable El Prod vte_. 14 1* 1*
1** 1 Cables A Wlre(A)rcts_ 1 1 1 — Vi
ft ft Cables* Wire(B)rcts_ 4 4 4 — ft
64 5 Cable A Wire pf(a20)_ 6 5 6 — V,
124 74 Canadian ind Alco (A).. 74 7* 7* + 4
24 14 Canadian Marconi .... 1* 14 14 — *
22 16* Capital City Prod (60c). 17 16* 16*-*
4* 24 Carlb Syndicate__ 34 34 34
23 184 Carnation Co (1)_ 23 23 23 +4
98 86 Caro P A L pf (7)_ 914 91 914 -*34
124 74 Carrier Corp.__ 84 84 84 — 4
164 9* Catiin Corp_ 12* 114 12V* +14
116 1074 Celanese Corp prpf (7). 109 108 109 4 1
1164 994 Celanese 1st pf (7)_ 103 1024 103 +3
56 31 Celluloid Corp pf_ 34 34 34 +14
174 144 Cent HGAEvtc (80c). 16 154 15*
624 424 CentPAL7% pf (14). 694 594 694 + 4
34 IV* Cent A Southw O_ 24 14 2
34 14 Cent States Electric_ 24 14 2
304 17 Cent Sta El cv pf (new). 214 20 204 +24
314 184 Cent St El 6% pf_ 204 19 20 -rl
64 314 Cent States Elec 74 pf.. 41 354 41 +6
64 44 Centrifugal Pipe (40c). 44 44 44
1244 105 Chesebroujrh (t4)_ 1114 1094 111* +14
14 4 Chief Consolidated.*.... 1* 1 i* *■ ft
69 34V* Childs Co pf_ 444 444 444 - V*
74 3 Cities Service-44 4* 44 + 4
69* 414 Cities Service pf_... 51 49* 49* + 4
64 34 Cities Service pf (B)_ 44 4 4* + V*
54 41 Cities Service pr BB.... 41 41 41 —2
664 43 Cities Svc PA L 36 pf_ 49 44* 49 -(6
19V* 11 City Auto Stps (6t)c)_ 17 154 17 -t- 4
14 4 Claude Neon Inc.t) H M + 4
524 41 Clev Elec Ilium (2).._ 444 444 444 -r 1
164 11 Clev Tractor__ 114 11 114
<21. 1 1_ Hnk A lnnainnvM TTtan 11. 1 Hi 11 1
4 1% Colon Oil (d)_ 3 2% 2%
73 42 Colt's Pat Fire A (1%)_ 46% 42 46% +3%
114 93 Colum G & Ecv pf (5) — 105 102% 104% +1
5% % Colum O&G vtc-- 3% 3% 3% + %
1% 1% Commonwealth Dis_ 1% 1% IV*
112 97 Comwlth Edison («)„_. 100 97V4 100 +2%
V* % Comwlth & Sou war—_ % At % + 4
32 13 Community P&L. 1st pf. 28 27% 28 + %
3% 1% Community Water Svc_. 1% 1% 1% — %
1% % Como Mines...__ 4 At %
16 11% Compo Shoe M stc(60c). 14 13% 13% — %
23% 16% Cons Aircraft_ 17% 16% 17% + %
6% 4% Cons Copper__ 4% 4% 4%
92% 84 Cons Gas Balto <3.«0)„ 92 90% 90% + %
67% 56 Consol Min & Sm (new). 56% 56% 66% — %
6% 3% Cons Retail Stores_ 4% 4 4% + %
3% 2 Cons Royal (20c)_ 2% 2% 2% + %
99 88 Conti G &E pr pf (7)_ 99 98 99 +3
2 % Conti Oil of Mexico_ % % %
19 9% Cooper Bessemer_ 14% 14% 14%
49% 34 Cooper Bess pf (A) ww. 42 41% 41% f|
8 4% Cord Corp_ 6 4% 4%
8 4% Corroon & Reynolds_ 5% 5 6
4% 1% Cosden Oil (Maine) (d). 2% 2% 2% - %
17 6% Cosden Oil (Me) of (d). 12% 12 12 + V*
15 11% Courtaulds (a23 9-10c). 12% 12% 12% + %
31 24 Crane Co... 29% 27 29% +2%
34% 19% Creole Petrol (b20c)_27% 26% 27% + %
16 9 Jrocker Wheeler__ 11% 10% 11 +1
1% % Croft Brewing__ 1 % 1
2% 1% Crown Central Petrol__ 2% 2% 2%
15% 11% Crown Cork Int (A) U_. 15% 15% 15% + %
5% 4% Crown Drug (alOc)_ 4% 4% 4%
42% 37% Cueno Press (1.20)_ 39 39 39 +1
1% % Cusi-Mexlqana Mining.. 1% 1 1% + %
12 9 Darby Petrol (60c)_ 11% 10% 10% + %
16% 12 Davenport Hosiery (1)_ 16 15 15
14% 11 Dayton Rubber Mfg_ 11% 11% 11% - %
70 60 Dennison Mfg 7% pf_ 67% 66% 67%%%
4% 1% Derby Oil & Refining... 3% 3% * 3% — %
14% 8% Detroit Gray IF (20c).. 10% 10% 10% + %
18% 5% Dictograph Prod(al5c). 18% 13% 18% +5
12% 11 Distilled Liquors _ 11 11 11
35% 27% Doehler Die Casting_ 32 30% 30% — %
124% 94Vs Dow Chemical (2)_102% 101 102% + %
39 28% Driver Harris (1)_ 34 30 30 -1
110 106 Driver Harris pf (7)_110 110 110 +3
6 % Dubiller Condenser..... 3% 3% 3%
80 66 Duke Power (3)_ 73% 72% 73%+ %
10% 7 Duval Texas Sulphur_ 7% 7% 7% + %
16% 7% Eagle Pitcher Lead_ 11% 9% 11 +1%
11*1 « H4LSID u&a at r uci abbv. o*/H vth —
83 41% EastnG&Fot <«)_ 65% 62% 65% +2%
85 69% EastnG&F As pr pf 4%. 75% 76 75 - %
3% 1% Eastern States Power 1% 1% 1%
43% 24% Eastn States Pw Dt (A). 31 81 31 +1
13% 6% Easy Wash Mch B(t50) 13% 11% 13% 4 2%
23% 16 Economy Groc S <a25c). 16 16 16 -1
42% 36 Edison Bros Strs (1.60). 41% 41% 41% +1%
4% 2% Elsler Elec Corp_ 4 3% 4 + %
26% 16% Elec Bond & Share_ 20% 19% 20% + %
79 64% Elec Bd * Share pf (5)„ 71% 70 71% 42%
. 87 74% Elec Bd * Share pr («)_ 82 79 82 +2%
12 9% Elec Pwr Associates— 10% 10 10% + %
9% 6% Elec Pwr Associates (A) 8% 8 8% — %
8% 2 Elec Pw & Lt opt war_ 7 6% 7
52 18% Elec Pw & Lt 2d of A_ 52 50% 52 +2%
9% 6 Elec Shareholding_ 6% 5% 6% + %
98 88 Elec Share pf ww («)-. 91% 91% 91% +1
62 43 Empire G A F 6% pf_ 49 44% 47% + %
66% 48% Empire G ft F 7 % pf_ 49% 48% 48% + %
67% 47 Empire G 4k F 8% pf .. 51% 51 61% + %
24 21 Empire Pwr part!a80c) 24 24 24
21% 15 Emsco Derrick (1)_x 18% 18 18% + %
3% 2 Equity Corp_.__ 2% 2% 2%
44 39 Eureka Pipe Line (4)— 41 39% 41 +2
% A Europ Elec Ltd deb rts. % A % + A
1% % Evans Wallower Lead.. % % % — %
23% 14% Ex-Cello Air* Tool_ 16% 15% 16% + %
10% 7 Fairchild Aviation- 7% 7% 7% - %
7% 4% Falstaff Brewing- 6% 6% 6%
16% 13% Fanny Farmer C (80c)_. 13% 13% 13% — %
17 12 Fansteel Products—- 13% 13% 13%
40% 28% Ferro Enamel (1)-. 38 84% 37% +8%
1% % Fldello Brewing—-” *
1% % Film Inject Mach- H H % - A
i A
man *>«!•
High. Low. Stocks god dividends. High. Low. Close. Cbge
89 76 Fire Asso (Pblla>(2>- 77* 76 76* -1*
117 112 First NatS 1st pf (7)—114 114 114 +*
9 4* Fisk Rubber_ 6* 6 5 - *
70 46 Fisk Rubber pf C)__ 61 49 60 -6
45 35* Fllntkote Co <a75c)- 87* 35* 37 + *
60 40* Florida Pw A Lt pf- 42* 40* 41
28* 20* Ford Mot (Can) A b50c- 22* 21* 21* — *
32 25 Ford Mot (Can) B b50c_ 25 25 25 — *
4* 2* Ford Motor France- 2* 2* 2*4*
9* 7* Ford Mot Ltd al8 1-lOc 7* 7* 7* 4 *
19 16 FroedtertGAM cv pfl.20 17* 17 17* - Vi
4* 2* Gen Alloys__ 2* 2* 2* - *
20* 18* Gen El Ltd reg (b37*c. 20* IF* 20*41*
18V* 12* Gen Fireproofing (40c). 16* 16 16* - *
2Vi * Gen Invest Corp- 111
81* 67 Gen Pub Service pf- 75 75 75
18* 12* Gen Telephone (a25c)._ 16* 15* 16*41*
62* 47 Gen Telcv pf (S)_ 60* 50 50* 4 *
93 69 Gen Tire & Rubber- 74 70* 74 43
102 85 Gen Tire* Rub pf(8)A. 95 95 95 4 2*
73 68* Georgia Power pf (5)_ 70 70 70 41*
90* 79* Georgia Power of (6)_„ 85* 85* 85* 4 *
18* 13* Glen Alden Coal (1)_ 14* 13* 14* 4 *
3* 2* Globe Cnderwrlter_ 2* 2* 2*
18* 8 GoUcnaux Suger (B)__ 15* . 15 15* 4 Vi
25* 20 Gorham Inc pf ww__ 20* 20 20* — Vi
21* 16* Gorham M vtc ext <l)..x 16* 16* 16* 4 *
16 10 Grand Rap Var (60c)_ 14* 14 14*4*
32* 18* Gray Tel Pay Sta (1)- 19* 18* 18*-*
130*110* Grt AAP Tea n-v <t6)_113 112 112 - *
128 124 Grt AAP 1st pf (7)_ 125* 125* 125* -1*
31* 24* Grt Nor Paper (1)_ 26* 26* 26* 4 *
1074 6% Greenfield Tap & Die— 7*4 6** 7+74
37s 2 Grocery Str Prod Co™. 2 2 2 — 7*
98 72 Gulf Oil (a23c)_ 81 78 78 -2
8*4 574 Hall Lamp (alOc)- 674 6*4 6*4
72V* 68 Hartford El Lt (2.75)_ 71 70** 71 +74
274 1 Hartman Tob Co Ino—— 1 1 1—7*
6% 374 Harvard Brew___ 4*4 4*4 474
1474 10% Hazel tine (3)_x 1474 1 374 1ST* - 74
17** 11% Hecla Mining (60c)_ 14!* 13% 13% - V*
3 1% Helena Rubinstein- 1% 1% 1%
23 217* Hires (C E) A (2)_ 2274 21% 2274 +1%
1774 1 37* Holllnger Gold (t65c)—x 16 1574 16 + 74
227* 14% Hormel (G A) & Co (1). 16% 16% 16% +2
35 29% Horn & Hardart (1.60).. 32% 32% 32% + %
28% 22% Hudson B M & S (1)_x 27% 25 25% -1%
76% 67% Humble 011 (1)_x 607, 67% 67% -1%
2% % Huylers of Del_ % % % — 74
Huyler's of Del 7% pf
4074 1 5% stamped (4)__ 19% 15% 167* —4%
9% 6 Hydro Elec Secur- 7% 774 7% + %
7% 2% Hygrade Food Products. 4% 4 4 — %
55 38V* 111 Pw & Lt 6*4 pt- 41% 41 41% +1
63% 36% 111 Pw&Lt*6 pf- 42% 40% 41% +1%
97* 9% Imp Chem Indus(b29,.4c 9% 9% 9% — 7*
24% 20 ImpOllLtdcou (t60c).x 22 20% 21 -%
24% 20% lmpOil Ltd reg (t50c)_ 21% 2174 21%-%
147* 13V4 Imp Tob Canada (t35c). 13% 13% 13%
397* 37 Jmp Tob GtB&I a81%C— 39 39 39 - %
9% 6% Ind Pipe Line (40c)_ 7 6% 7
18% 16 Indiana Srv 7% pf_ 18% 18% 1874 42
97 82% Indlanap P&L c pf (6 74 ). 93 93 83
84 69 Jnsur Co of No Am (2). 72% 71% 71% — %
14% 7 lnt Hydro El Syscv pf.. 8% 8 8% +1
14% 11 lnt Mining (60c)_x 11% 11% 11% + %
5% 3% lnt Mining war_ 4 3% 4 +7*
39% 33% lnt Petrolm (T174)_— x 37% 35% 36% + %
77* 3% Inti Products_ 4% 4% 4% + %
14% 4 lnt Utilities (A)_ 10% 10V* 10% + %
274 * lnt Utilities (B)_ 1% 1 1 -%
9% 7 lnt Vitamin <140c)_ 7% 7% 774 — %
32 27% Interstate Hosiery (2).. 29% 28% 28% — 7*
33>4 20 Interstate Pw Del pf- 22 21 21% + %
% >* Investors Royalty new. % % %
317, 23% Iron Fireman M vtc tl). 25 26 25 + %
26% 15 Irving Air Ch tl)_ 21 20% 20% + %
1% % Italian Superpower (A). % 7* 7*
83’* 70% Jersey Cen P&L pf (5%) 83 79% 82 +2%
93 76 Jersey Cent P&L pf (6). 93 86 93 +6
98 86 Jersey Cent P&L 7% Df. 100 93% 100 t7
4', IS Jonas & Naumburg- 3% 3S 3% — 14
44 30 Jones & Laughlin Steel. 36 34 36 +4',
IS *4 Kans City P S vtc- 1 % % — V*
6% IS Kan City P S vtc pf A_ 5S 4% 4S — h
1114 11 Ken-Rad T & L A ... IIS 11 11
8S IS Kingsbury Brewing (d). 2', 2’4 2*4 + V*
6% 2H Kirby Pet (20c)_ 4S 4 4
7, ft Kirk L Gold (a3c)_ T» A O -f S
6 3S Knott Corp (alOc)_ 4S 4'* 4S — 14
107 96', KoppG & C pf (6)_101S 100 100 -IS
12S 10S KresslS H)sp pf (60c).. US 11** 11*. + *>
2414 14 Kreuger (G) Br (1)_ 24S 237, 24S -r S
60 61 Lake Shore M (4)_x 60 56 59% +1*.
8H 5S Lakey Foundry & Meh5% 5*4 5S
11H «S Lehigh Coa!&N*v(30c). 8', 8S 8% + H
2 Vj Leonard Oil
15 7S Lion Oil Refining_ US US US + S
6'4 3 Lit Brothers_ 4% 4', 4S
20*. 18*. Loblaw G Ltd (1) A_ 20'. 20*. 20S + H
18 17S Loblaw G Ltd (1) B_ 18 18 18 -t-1%
10I» 6*, Lockheed Aircraft__ 6S 614 6S — V.
W At Lockheed Air rights_ Ik i ft
14S 914 Lone Star Gas (40c)_ 12 11 11 - %
5*4 3% Long Island Light- 4% 4 414
88 72V» Long Island Lt pf A(7). 86 84 84S
76 64 Loqg Island Lt pf(6)B.. 74 73 73 +114
8H 6S Loudon Packing n t50c. 7 7 7 — 1,
15S 97» Louisiana Land (40c)._ 13S 13 13%
55S 34S Lynch Corp <2J—-—... 42 41*. 42 + S
13% 8S McCord Radiator (B)— 1014 10% 10%. - T4
89 69 McWilliams Dredg (4).. 79 78 79 + *4
66 42>i Mangel Stores pt- 49 49 49 +1 .
9% 7% Marconi Int Mr(al8.3c). 7% 7H 7% — 14
8*4 5 Marion Steam Shovel_ 6% 6 6% + %
6Vi 3*4 Maryland Casualty..... 3% 3S 3H
100*. 62% Masonite Corp (tl)_x 87*4 84 87% +3S
4 11* Mass Utilities Assoc’n.. 2 2 2
714 4% Massey-Herris-- 5*4 5 5*4 — 14
64 5c 'tyflour Assoc (3) 53 53 53
105% 79*. ...ead Johnson (t3) 95 95 96 +2
8% 6% Memphis Xat Gas a20c.. 6*4 67» 614 + %
30% 20% Mercantile Stores._ 29% 29 29% +1%
92 89% Mercantile Stor pf (7).. 92 91% »1V4+1%|
8% 5*. Merchants & Mfrs (A) 7*4 6% 7% + %
31'. 27 Merch & Mfrs pt pf(bl) 27 27 27 -1 ;
10% 3*. Merritt Chap & Scott_ 9% 8*4 8*4 — S
62 40 Merritt Chap & S of A.. 60 57% 60 +2% j
4*. 1% Michigan Gas & Oil_ 4% 4% 4% - %
1% Ut Michigan Sugar-... 1*. 1% 1%
6*. 5% Michigan Sugar pf- 6% 6 6% + 14
b 3 Middle ota ret vie iaj— a** a', + **
2*4 « Midi Sta Pet vtc <B)- 114 1 1
28V* 19 Midland Steel Prod (2). 24 24 24
52 4214 Midvale Co taoOc)_ 43 43 43 -14
3314 22 Minn Min & Mfg (t70c). 299* 29VA 29** +1*4
93 81 Mohawk Hud 1st pf <4)_ 83 83 83
70 41>4 Mohawk Hud Pw 2d pf_ 68*4 49 63', + 31.
1314 714 Molybdenum Corp- 89* 814 89*
6 414 Monroe Loan Soc A 98c. 41« 414 4*4
15214 142 Montgom Ward A >7)_152V, 1511, 15114 +2
34 30 Montreal L&P (114)— 31V* 30 311* - V,
3514 28 Moore Corp Ltd (a75c)_. 3514 3514 3514 +3
89* 5 Mountain Prod (600—. 6*, 6>4 6!» + 14
150 138 Mount States T & T (8). 14014 140** 140v* +2y*
3514 2314 Mueller Brass (80c)- 30v* 2994 297* - 1*
47 35 Nat Auto Fibre (1%)—• 3714 36 37 -1
2% 1*4 Nat Bellas Hess- 214 2H 214 + 14
491* 421, Nat Bond & Share (tl)— 44** 44 4414 —19*
23 1794 Nat Fuel Gas (1)- 19 1794 19 +1
57 479* Nat Gypsum Co (A)- 6014 48', 4814 —1
41* 1** Nat Investors- 2 1** 1** — 1*
174 9* Nat Investors war- H 9* *» — 14
89 60 Nat Invest pf (al.50)— 65 60 65 — S' *
8614 74*4 Nat Pw & Lt pf (6)- 83 80 82*4 +51,
81, 61, Nat Refining- 7 7 7
8*» 4*» Nat Rubber Machine- 6 414 5 + 9*
1, 14 Nat Service Co- % A A •»
1714 1294 Nat Steel Car Ltd- 12*4 12*« 12»* -IV*
30 23 Nat Sugar N J (2)- 2714 26** 271* + 14
15*4 8*4 Natl Transit (75c)-x 1014 9*» 9*» — 14
2 94 Nat Union Radio—- 74 U
89* ** Nebel (Oscar)- 1 74 1+14
814 414 Nehl Corp- 8 8 8 - 1*
19 1214 Nelson (H) (a25c)- 1514 1514 1514
16 9 Neptune Meter (A)- 9 9 9 — 1*4
414 214 Nestle-Lt Mur- 214 214 214
414 274 New Bradford O (alOc). 3 3 3
9** 614 New Haven Clock- 914 7 914 +2»4
9294 6914 New Jersey Zinc <2)- 80 791* 80 + 14
694 194 New Me, & Aria Land.. 394 3»* 3**
969* 7414 Newmont Min (2)-x 8494 82 84 +314
52 36 N Y Merchandising^) 49 47 49 +214
104 96*4 N Y Pwr & Lt 6% pf<6) 101 100 100
1194 614 N Y Shipbuilding Corp.. * 674 6’4 674 — 74
2094 149* N Y Steam- 15 15 15 -2
122 1169* N Y Tel pf (614)- 12114 1209. 12094 - 14
£i'. AL- W V TVnnRlt 4 20c)_ Ft
75% 54 N Y Water Service pf— 64 54 64 -1
11% 7% Niag Hudson Power- 9% 8% 9% + %
% * Niag Hud Pw (A) war.. % % %
2% 1 Niag Kud Pw (B) war.. 1% 1% 1% + %
13% 7% Niag Shrs(Md) B alOc.. 10% 9% 9% + %
44% 28% Niles-Benoit-Pond_ 38 36% 37
3% 2% Nipissing (a25c>- 2% 2% 2% — %
7% 3% Noma Elec Corp (a40c). 5% 6% 5% 4 %
5% 3% North Am Lt & Pw- 4% 3% 4%; + %
49% 36% North Am Lt & Pw pf— 41% 41 41 ' 4 %
£55% 35 North Am Match <1)—— 54 54 54 —1
6% 3% North Am Utility Secur. 3% 3% 3% — %
8% 3% North Cent Tex (blOc).. 6 6 6 -%
* % North Europ Oil Corp— Si A A
79 71 Nor Ind P S 6% pf <3>— 73% 72 73% +2%
87% 77% Norind Pub Svc 7% 3% 82% 82% 82%+ %
9% 6 Northern Pipe L (30c).. 6% 6 6%
38 21% Northn States Pw (A).. 30 27 29 42
26% 15% Northwest Engineer.... 23% 21% 23% 42%
48 35% Novadel Agne (i>_ 43% 41% 43% 42
106% 101% Ohio Edison pf («)_104% 104% 104%— %
109% 104% Ohio Oil cu pf (6)- 109 108% 108% 4 %
112% 110 Ohio Power pf (6)_112 111 112 4%
9 7% Oldetyme Distil_ 8% 7% 8% 4 %
17% 11 Outboard Motors (A)... 15% 15% 15%
3% 1% Outboard Motor B_ 2% 2% 2% - %
8% 6 Overseas Sec (a25c)__ 6 6 6
6% 3% Pac East Corp_ 4% 4% 4% 4 %
32% 29% PacG&Elstpf (1%).. 32% 31% 32 -%
107 104% Pac Lighting pf (6) . 107 106% 107 4 %
83 77 Pacific Pwr&Ltpf (7). 81 81 81 4l
7% i % Pacific Public Service_ 6% 6% 6%
61% 36 Pacific Tins spec (t2)_ 36 36 36 — %
66% 45% Pan-Amer Air (1)_ 67% 55% 57% 41%
6% 3% Pantepec Oil__ 6% 6% 6 4 %
5% 3% Pennroad Corp (b20c)_ 4% 4 4% 4 %
22% 17 Penn Oas & Elect All % 19% 19% 19% 4 %
107% 103 Penn Pw & Lt pf (6)_106% 105% 106% 4 %
111 106% Penn Pw * Lt pf (7)_109% 108% 109% 41
180 114% Penne Belt (tS). 126 123 125
98% 87 Penn Wat *Pow(4)_91% 91% 91%
J
J ujo n«
High, Low. Stocks and dividends. High. Low. Close. Cbge
70% 65 Pepperell Mfg (!)__ 60 65% 60 +4%
41 31% Perfect Circle (2)_ 34% 34% 34%
15 11 Phillips Packing_ 12 11% 11% - %
7% 4% Phoenix Secur Corp__ 6% 6 6%
40 36 Phoenix Secur pf A (3)_. 37% 37% 37% + %
18% 7% Pierce Governor-_ 12 12 12 + %
12% 8% Pioneer G M Ltd (80c).. 9% 8% 9% + %
10% 7% Pitney Bowes P M(32c). 9 8% 8% + %
14% 7% Pittsburgh Forging _11% 10% 11 + %
77% 66% Plttsb'gh& L K (t2%)._ 72 70 72 +2
140 98% Pittsburgh PG (t2)_122% 120 1.0 -2%
3% 1% Pleasant Valley Wine_ 1% 1% 1% - %
6% 3% Potrero Sugar_ 4% 4% 4% + %
34% 23% Powdrell & Alex Crl%)- 80 30 30 +%
18% 11% Power Corp (Can)_ 13% 13% 13% - %
37 30% Pratt & Lambert (tl)_31% 30% 31% — %
2% 1% Premier Gold (tl2c)_ 2% 2% 2% + %
30% 19% Pressed Met (1%)_ 28% 28% 28% + %
Ik -ik Producers Royalty__ % ik %
1% % Propper McCallum__ % % % — %
11% 8% Prudgptlal Investors_ 9% 8% 9% + %
102% 98% Prudential Inv pf (6)_101 101 101 +1%
27% 14% Public Service Ind pf_ 21% 20% 21% + %
63 37% Pub Service Ind pr pf._. 40% 40% 40% +1%
110 95% Pub Svc Okla 7ft p 1 (7) 96% 95% 96 -2
6% 2% Pub Utiltles Sec pr pf_ 2% 2% 2% + %
71% 60% Puget Sound P&L |5 pf. 71% 65% 71 +5%
34% 22 Puget Sound P&L 26 pf. 31% 27% 35%
9 6% Pyrene Mfg (a20c)_x 7% 7% 7% + %
137% 122 Quaker Oats (t4)_ 122 122 122 -1
18% 14% Quebec Power (1)_ 16% 16% 16% — %
21% 17 Railway&Lt Sec(a25c)_ 19 19 19 — %'
1% & Rainbow Luminous (A). U ^ + tk
fill Qi __ if#. / _ . _ \ r e Hi r u a,
J » B vw / s.a u 'a «/T1 W 7» 1 /•
15% 3 Red Bank Oil_ 8% 8% 8% — %
26% 22% Reed Roller Bit new wi— 22% 22% 22% — %
8% 6% Reeves (Dan)(50c)_x 8 8 8 — %
1% 4 Reiter-Foster__ % 4 4 — %
20% 12% Reliable Stores_ 16% 16 16% + %
k 7 4% Reybarn Co__ 5% 5 5% + %
3% 1% Reynolds Investing__ 8 2% 2% — %
11 6% Rice Stlx Dry G (b50c)_ 7% 7% 7% + %
2% 1% Richfield Oof Cal pf(d). 1% 1% 1% + V*
6% 4 Richmond Radiator__ 4% 4% 4% — %
4% 2 Roosevelt Field Inc_ 3% 3% 3% + %
19V* 4% Root Petroleum Co_. 16% 14% 14% — %
23 14% Root Pet cv pr pf(1.20)_ 19% 18% 19% + %
70 38% Royal Typewriter_. 63 60% 63 +2%
6% 3% Rustless Iron &. Steel._ 4 4 4
4% 1% Ryan Consolidated_— 8% 3% 3%
92 70 Safety Car H 4 Lt (4).. 82 72 82%411%
4 4 St Anthony Gold-1_ % 4 % + 4
5% 3% St Regis Paper__ 3% 3% 3% + V*
73V* 55 St Regis Paper pf__56% 55 56 —1
10 7 Salt Creek Prod (80c).. x 8% 8 8% + %
6% 1% Savoy Oil_ 3% 3% 3% - %
1% 4 Schulte Real Estate (d). % % % + %
5% 2% Securities Corp gen_ 4% 4% 4% + %
46% 41% Seeman Bros (f2%)_ 43 42% 43 +%
4% 1% Segal Lock* Hdw_ 3% 2% 2 %-H
40 30% Selby Shoe (2)_ 32V* 32 32% + %
4% 2% Selected Industries_ 3% 2% 3% + %
95 78 Select Ind all ctfs (5%). 91 90 91 +1
90 81 Select Ind prior pf<5%) 86% 86% 86% +1%
1% % Sentry Safety Control_ H % %
15 7% Seton Leather_ 11% 11% 11% + %
8% 4% Shattuck Den Min_ 6% 6% 6%
4% 1% Shenandoah Corp__ 2 1% 2 + %
55 47% Shenandoah Corp pf.... 49% 49% 49%
145% 117 Sherwin Williams (4).. 123% 122 122%-%
116 110% Sherwin-Willl 5% pf n_. 113% 113 113% + %
365 331 Singer Mfg Co 06)_ 345 340 345 -t 10
34% 19% Smith Coro Type vtc_ 21% 21% 21%-%
3% 1% Sonotone Corp aoc)_ 2% 2% 2%
40% 32% South Penn Oil (tl1*)— 37 35V* 37 +1%
41% 34% Sou Cal Ed pt pf (1%)._ 39 87 37 -1%
28% 27% South Cal Ed pf (1 % )B. 28% 28 28 - %
27 26*, South Cal Ed pf (1%)C- 26% 26% 26%
7% 4% South Pipe Line (30c).. 5% 0% 5% — %
2% 1 Southern Union Gas__ 1% 1% 1% + %
11% 6% Southland Roy (20c)_ 8% 7% 8 — %
60 64 Sw Penn PL (4)_ 60 66 59% +4%
% % Spanish & General- % % % — »»
33*, 29 SquareDCopf A (2.20). 32 30% 32 +1
49V« 35% Stand Invest cum pf__ 39 39 39 +2%
23% 17% Stand Oil Ky (1)_x 18% 17% 17% - %
14% 11% Stand Oil Nehr_ 11% 11% 11% — %
36% 21% Stand Oil Ohio_ 28 27% 27% — %
4% 2% Stand Pw & Lt_ 3% 3% 3% + %
1 von pet ■
High. Low. Stocks and dividends. High. Low. Close Chge ■
4% 2(4 Stand Pw & Lt (B)_ 3% 3% 3% 4 %■
41 15 Stand Pw & Lt pf_ 36 35 86 42% ■
% % Stand Silver & Ld (ale). % j, £
7(4 3(4 Sterchi Bros Stores_ 4% 4 4% — (4 I
34 32(4 Sterchi Bros 1st pf (3).. 29 29 29 —3(4 ■
6(4 4(4 Sterling Brewers(alOc). 5(4 5(4 6% 4- (41
25% 17(4 Stetson (J B)_ 18 17(4 18 4- % ■
29V4 18 Strook & Co (a25c)_ 28(4 26% 28(4 4 2(4 H
4(4 1(4 Stutz Motor Car_ 3 2% 3 4 % I
22% 15(4 Sullivan Machine_18% 18(4 18%
5 2% Sun ray Oil_ 4% 4% 4% — %■
24% 17% Sunshine Mining (2)_ 19% lf,% 18%, —,%
6(4 5% Swan Finch Oil_ 5% 6% 5% + %
69 52 Swiss Amer Elec pf__ 69 66 69 43
6 4% Swiss Oil Corp (t20c)_ 5 4% 4% — %
8(4 5(4 Taggart Corp_. 6 6 6
39% 35% Tampa Electric (2.24).. 37% 37(4 37% 41%
4% 2% Tasteyeast Inc (Del) A. 3% 3 3% — %
6% 4% Taylor Distilleries_ f.% 6% 6% — %
32% 17% Technicolor Inc_... 30% 29% 30 4 %
5% 4% Teck Hughes (40c)_ 6 4% 6
1(4 (4 Tenn Products_ % % 14 — 14
7% 4% Texas Gulf Products_ 6% 4% 4% -C %
9% 6 Texon Oil & Land (60c). 6% 6% 6% 4 %
4 2% Tob Prod Export (10c)_. 3% 3% 3%
1(4 % Tonopah Mining_ {j til ti V£Z
5(4 3(4 Trans-Lux DLPS (20c). 4(4 4% 4% "1
6% 1% Tri-Conti Corp war__ 3(4 3 3 %
9% fc Tubize Chatll Corp_ 7% 6% 7% 4 %
37% 23% Tublze Chatll Corp (A). 28% 26% 26%-%
14% 8% Tung-Sol Lamp (new).. 9% 9% 9% -f V4
16% 12% Tung-Sol L pf new 80c.. 13% 12% 13% -el
16% 11% TwinCoach(alOc)_ 14 13% 13% 4 %#
12% 8% 1’n Gas of Canada al0c_ x 10(4 10 10% i
22 12 United Air war_ 15 15 15 42 I
2% 1(4 United Corp war___ 1% 1% 1% 'j
9(4 4 United Gas Corp__T 8% 8 8 —
2V4 TTnlt^ri Hfl s Pnrn war 9L 9(a 9ia _ u
104V4 814 United Gas Corp pf_ 1044 102 102 — 4
74 34 United Lt & Pw pf (A).. 64 6 6
94 54 United Lt & Pw (B)_ 74 74 74 -*-14
54 294 United Lt & Pw pf_ 484 434 484 +44
14 64 Unit Milk Prod a25c)_ 12 12 12
a. 14 1 United Profit Sharing_ jg (g )g _ £
34 24 United Shipjards(B)_ 24 24 24 + 4
90 83 United Shoe Mach t2%_ 864 854 86 +4
42 384 Unit Shoe Mach pf (1%) 41 41 41 - 4
14 4 U S Finishing_ 1 1 1+4
244 16V. U S Foil (B) (60c)_ 174 1G4 164
34 14 US&IntlSecur_ 24 24 2v» + 4
84 70 U S & I S 1st pf ww 114 72 70 71 —3V*
34 14 U S Lines pf- 24 14 14 — 14
354 30 U S Playing Cards (tl)- 30 30 30
414 19 US Radiator pf__ 21 21 21 +1»;
4% 1 US Rubber Reclaim__ 34 34 34 — 4
14 4 U S Stores___L 4 A A + i
14 4 United Stores vtc__ 4 + 4 .
64 34 United Wall Paper—__ 64 44 44 — 4
17 74 Univ Consol Oil_ 17 164 164 +54
224 18 Univ Insurance_ 184 I84 184 -24
24 4 Utah Apex_ 14 14 iv4
66 46 Utah P&L pf(J2.33 1-3). 654 644 654 + 4
3 14UtilPwr&Lt_ 1*4 IV4 is
324 18 Util Pwr & Lt pf_ 234 224 224 — 4
54 34 Utility Equities_ 34 34 34
83 734 Utility Equities pf<3%) 734 734 734 -14
24 % Utility & Industrial_ 111
64 3 Utility & industrial pf__ 34 34 34 + s
3 14 Venezuela Petroleum_ IS is p, _ 1,
87 81 VaPub Svc pf (7)_ 85 824 85 +3 .
27 18 Voght Mfg Co (1)_ 18 18 18
24 14 Walker Mining_ 14 14 14 _ 4
324 19 Wayne Pump_ 314 284 29s. + 4
54 34 W Va Coal & Coke__ 34 3*4 34 _ 4
104 44 West Air Expr (new)—. 84 84 84
46 374 West Auto Sup (3 > A_ 40 394 40 + 4
1014 100 West Cartridge pf (6)_1014 1014 1014
234 164 West Tab & Sta vtc(tl). 234 22 224 414
10 74 Williams (R C)_ 84 8s. 84 — s
134 104 Williams 0-0 M (a25c)_ 124 12 124 —24*
3 1 W'il-Low Cafeteria_ 14 14 14 +*1,
154 6*. Wil-Low Cafeteria pf„. 74 7 7
7 34 Wolverine Port Cement. 34 34 34 — 4
94 74 Wright llarg (t40c)_ 84 74 84
44 14 Yukon Gold_ 24 2 2 — 4 J
Dividend rates in dollars Based on last quarterly or semi- ^
annual payment. ‘Stocks fully listed on the Curb Exchange
others are dealt in as unlisted issues tAnnual rate—not in
cluding extras ^Accumulated dividends a Paid last sear
d Companies reported in receivership or being reorganized’
e Payable in atock. 1 Plus partial distribution of asseta. x Ax
dividend.
TRADING IN COTTON
QUIET BUTSTEADV
Increased Activity in Cloth
Markets and Weather
Bring Firmness.
Ey the Associated Press.
NEW YORK. May 30.—While com
paratively quiet, cotton has been gen
erally steady during the last week on
trade buying and covering.
Reports of continued unfavorable
weather in the South and increasing
activity in the cloth markets brought
in some commission house buying.
Prices reached the best levels of the
week and month in most instances
during Friday's trading, when October
sold up to 10.60, or about 47 points
above the low level touched toward
the end of April.
Buyers showed hesitation in follow
ing advances above 10*2 cents for the
new-crop months, but made their ap
pearance on moderate declines, and
the bulge late in the period was evi
dently promoted by crop complaints
from the droughty Eastern belt sec
tion and apprehensions of increased
insect activity or grassy fields in the
Southwest, where rains have been per
sistent.
The pool holdings of futures for
July delivery, understood to be in the
neighborhood of 317,000 bales, are said
to have had a stabilizing Influence on
that position.
Weekly Cotton Statement.
NEW ORLEANS. May .10 idV—Secretary
Plauche's weekly New Orleans Cotton Ex
change statement shows that the amount
brought into sight during tne past week
has been 88.805 bales, against .4,081
bales tor seven days last year. 89.343 year
before last and 152.038 in 103.1. and for
the 20 days of May it has been 380.30(1.
against 288.350 last year and oto.168
year before last.
The movement since August 1 shows
receipts at all United States ports 6,849.
961. against 4,34(1.279 last year and
7.409.496 year before last: overland
across the Mississippi. Ohio and Potomac
Rivers to northern mills aid Canada.
793.688, against 686.292 last year and
796.167 year before last: interior stocks
in excess ol those held at the close of the
commercial year. 275.701. against 308,.8.
last year and 242 216 year before last.
Southern mill takings, net. 4 632.000.
against 3.586.000 last year and 4.150,000
year before last. . ,
These make the total movement for the
season from August l to date 12 561.350.
against 8.921.3.68 iast year and 12.o9i.8i9
year before last. , ,
Foreign exports for the week have been
77.000. against 77.000 last year, making
the total thus far for the season 5.67 ..non.
against 4 416.000 last year, an Increase
of 1.261.000. , .
Worlds’ spinners takings of American
cotton for the week were 221.000. against
241.000 last year and 257.000 year before
last, distributed as follows:
North and Canada. 25.000. against
20.000 last year and 21.000 year before
last: South. Oo.OOO. against 85.000 last
year and 71.000 year before last; foreign
exclusive of Canada and Orient. 73.000,
against 83.000 last vear and 89.000 year
before last: Orient 28.000. against 53.000
last year and 76.000 vear before last.
Total takings of American cotton for
the season. 11.417000. against 9.825.000
last vear and 12.839.000 year before last,
of which North and Canada. 1346.000.
against 1.355.000 last year and 1.653.000
year before last; South. 4,889.000. against
3.824.000 last year and 4 315.000 year
before last: foreign, exclusive of Canada
and Orient. 3,701.000. against 3 015.000
last year and 5.002.000 year before last:
Orient, 1.481.000 against 1.631.000 last
year and 1.969.000 year before last.
Stocks at the seaboard and the 102
leading southern Interior centers have
decreased during the week 105.818. against
a decrease durtnr the corresponding period
last season of 105.335. and are now 32.
384 larger than at this date in 1935.
FIRST TRUST LOANS
Reaionable Rates
and Commissions
Tyler & Rutherford, Inc.
1520 K St. N.W. National 0475
Loan Correspondent
Mutsml Benefit Life Insurance Co.
MASSACHUSETTS
INVESTORS' TRUST
Protpocta* WW bo Seat oa Reqvett
A S. Goiidem&Co., Inq
Woodward Mis. Matt. MM I
l a
NEW ORLEANS COTTON
By the Associated Press.
NEW ORLEANS, May 30 —Cotton
prices tacked and filled in a narrow
range in today’s short session, finally
closing from net unchanged to one
point higher for the day.
With other important world markets
closed for the holiday, speculative in
terest was at a low ebb and price
movements were quiet and irregular.
Considerable activity centered in
October which gained a point to close
at 10.54. December was net un
changed at 10.46 while other options
showed little net change on the day.
The scattered buying that did de
velop was based mostly upon con
tinued dry weather in the eastern por
tion of the belt.
A bullish goods market report was
another constructive development
Hedge selling supplied the contracts
j but did not appear in sufficient vol
' ume to warrant any price recessions.
Spot cotton closed steady two points
] up. Sales, 1,582; low middling. 10.73;
middling. 11.83; good middling. 12.43.
The futures range follows. Net un
1 changed to one point up:
. Open High. Low Close
! July _ 11.5.1 11 5.1 11.50 115.1b
I October _ 10.5.1 10 54 10.50 10.54
| December 10 44 10.40 10.4'J 10 40
I January __ 10.43 10.45 10.43 In.45
! March _10.45b . . lo.40b
I May __ 10.43b _ _ 10.44b
b—Bid.
Cottonseed Oil.
Cottonseed oil closed steady: bleach
able prime summer yellow, 8.40-60;
prime crude nominal. June, 8.28b;
July, 8.30b: September 8.30b; October,
8.23b: December, 8 15b. B—bid.
Exports today were 9 841 bales.
TREASURY WITHDRAWS
HALF WORKING BALANCE
By the Associated Press.
Since March the Treasury has
withdrawn about half its “working
balance” deposits in Federal Reserve
banks to meet the deficit in expendi
tures over receipts. But its deposits
in the reserve banks remain larger
than usual and are expected to be
augmented substantially from the
proceeds of June financing, notably
the mid-month sale of securities to
raise $1,000,000,000 in cash for bonus
and relief needs.
Deposits held by the reserve banks
for the Treasury's "general account”
compared as follows:
Week ended May 27_$544,183,000
Preceding week_ 513,104,000
Same week last year_- 74,472,000
LOANS AT5'/2%
1st Trust Construction Loans
on Residential Properties.
Prompt Action on Applications.
REAL ESTATE
MORTGAGE & GUARANTY CORP.
1610 K St. N.W. Natl. 1403.
I PROPERTY M
IFYO
on the ii
£AifSili our
MJSmC/ fir
offer inv
hold just
Over fixed int
of
Experience g p
First Mortgage
Investment National;
M O R T G A G
A
MUNICIPAL FINANCING .
ESTIMATE SHOWS GAIN
By the Associated Press.
NEW YORK, May 30.—State and
municipal financing scheduled for
next week by one State and 63 munici
palities totals $23,308,077, compared
with the revised total of $21,407,594
for the past week, the Daily Bond
Buyer reported. The weekly average
of new offerings for the year to date
is $24,599,192.
Local Financial Institution wants a
high-class man of security sales ex
perience to assist in Securities De
partment. This is a real opportunity
for an aggressive individual.
Address Box 131-P, Star Office.
Money for Construction Loans
und
Loans on Improved Properties
51/2%
FIRST DEED OF TRl'ST OMLT
GEORGE L BORGER
Successor tn the Bu.inMi of a
JAMES F SHEA
643 Indiana Ave. N.W.
_
* Washington Properties *
* 7 [c General Mortgage *
* Income Bonds £
+ Recommended for Investments j
Z at the current prices. Last *
J year's yield represented better *
5 than 8%. based on current *
w prices. 41
* Bought «
Sold *
* Quoted t
J HERTZ & CO., Inc. X
J 735 Southern Bldg. +
» THrphone MElra. IW.S-fl-7
I
l 1
LISTED e? UNLISTED
SECURITIES
BANKbPINSURANCE
STOCKS J
CompleklnvestmentServke
SHOREHAM BID6. MEL292Z .
ANAGEMENT
U’LL CHECK UP
nportant features which
5T MORTGAGES
;stors you will find they
what you want—liberal «
;rest, and improved real
otecting principal. Talk
ibout them.
. SAUL CO.
REAL ESTATE
*100 925 15th St. N.W.
E LOAN S |