Evening star. [volume] (Washington, D.C.) 1854-1972, April 15, 1937, Image 20

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Evening star. [volume], April 15, 1937, Page A-20, Image 20
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 15 April 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-04-15/ed-1/seq-20/>

Newspaper Page Text

FAR ME 1333
Latest Total Represents
Gain of $128,331,189
From Low Point.
BY EDWARD C. STONE.
Total deposits in the 22 Capital
banks scored an astonishing gain of
$128,331,169.11 between the bottom of
the depression in 1933 and March 31,
1937, date of the condition call issued
by the Controller of the Currency just
the other day, according to a survey
completed today by Audley A. P. Sav
age, auditor of the National Savings &
Trust Co.
On June 30, 1933, the date of the
first call after the Natipn-wide bank
holiday, deposits in the District banks
totaled $212,904,324.15. On March 31,
1937, they had climbed to $341,235,
513.26, today’s summary shows.
Between the call of three months
ago, dated December 31, 1936, and the
March call, the banks gained exactly
$7,193,385.86, Auditor Savage reports.
The December call revealed an all-time
high mark in deposits which is far
overshadowed by the figures brought to
light since March 31.
Other Sharp Advances Noted.
Other comparisons are equally in
teresting. Deposits on March 4, 1936,
amounted to $310,007,305.89 which
means an upturn in about 12 months
of $31,228,207.37. Two years ago. on
March 3, 1935, Washington banks car
ried total deposits of $275,226,551.85,
the advance since that date amounting
to $66,008,961.41.
Mr. savages analysis reveals that
seven of the nine national banks made
gains in the last three months; five of
the eight savings banks had more
money in their vaults, and three of the
five trust companies also expanded de
posits in the first quarter of 1937.
The national banks gained $1,019,
317.78; savings banks $744,209.80 and
the trust companies $5,429,858.28. the
latter making the best showing of the
three groups.
Deposits on March 31, 1937.
The compilation by Auditor Savage
discloses that deposits in the indi
vidual banks In the Capital on March
31, 1937, were as follows:
National Banks.
Bank of Washington,,, $10,064,609.07
Columbia_ 5,193,631.36
Hamilton.. 23,762,822.76
Liberty_ 7,390,313.19
Lincoln _ 10.185,731.93
Metropolitan _ 29,649,905.25
National Capital_ 3,112.040.21
Riggs__ 97,785,716.94
Second .. 8.239.586.92
Total . $195,384,357.63
Savings Banks.
Anacostia.. $1,775,254.18
City_ ,, 7.621,456.82
Commerce and Savings 3.265,906.26
East Washington_ 1.060,846.89
Industrial _ 481,540.34
McLachlen . . 5.178.174 78
Morris Plan Bank_ 1.678.524.33
Security Savings and
Commercial_ 7,495,082.05
Total_$28,556,785.65
Trust Companies.
American Security_$53,816,296.35
Munsey _ 5.692,030.79
National Savings_ 18,172,637.68
Union Trust_ 11,829.954.54
Washington Loan_ 27,783,450.62
Total .$117,294,369.98
Recapitulation.
National Banks_$195,384,357.63
Savings Banks_ 28.556,785.65
Trust Companies_ 117,294,369.98
Total .$341,235,513.26
Ayres Deprecates Boom Curbs.
Leonard P. Ayres, Cleveland econ
omist and banker, in his monthly re
view, out this afternoon, declares that
b good deal of bad economics is being
talked in these days about emergency
measures to prevent a business boom,
extended controls to check bank
credit expansion, and increased Fed
eral powers to restrain commodity
price advances. These discussions
constitute a kind of locking the stable
door before the family horse has even
been acquired.
The truth is, he says, that we not
cnly have no business boom, but we
have not as yet definitely emerged
jfrom the depression. The expansion
of bank credit loans so far in this
recovery period has been non-specula
tive in nature, and so moderate in
volume as to be almost minute. The
exceptionally rapid price advances
have been in commodities of interna
tional trade, Col. Ayres states.
He considers present discussions
baneful because they divert attention
end efforts away from the three most
pressing economic problems—reduc
tion of unemployment, balancing of
the Federal budget and harmonizing
of labor relations. He would foster
efforts to minimize business booms
and slumps, but adds that national
income, railroad freight traffic and
department store sales are still about
20 per cent lower than before the de
pression. New construction is about
half what it was 10 years ago, he adds.
Bankers Off to Spring Meeting.
Robert V. Fleming, president, of
Biggs National Bank; Sidney F. Tal
iaferro, trust officer in the same in
stitution. and Wilmer J. Waller, vice
president and cashier of the Hamilton
National Bank, leave here tonight to
Bttepd the A. B, A. Spring council
meeting at Hot Springs, Ark. As
president of the A. B, A. last year, Mr.
Fleming is now on the council and
several very important committees;
Mr. Waller is a member of the im
portant Banking Studies Committee,
and Mr. Taliaferro is chairman of the
Executive Committee of the National
Bank Division.
Edgar E. Mountjoy, who has repre
sented the A. B. A. in Washington for
many years, will also attend the meet
ing. George O. Vass, vice president
end cashier of Riggs, is a member of
the A. B. A. council representing the
District Bankers’ Association, but it
is doubtful if he takes the trip. The
passions are scheduled for next Mon
day, Tuesday and Wednesday.
Heard in Financial District.
About 10,000 holders in this city of
American Telephone stock received
their quarterly dividend checks this
morning, the accompanying letter
showing earnings of $2.32 against
$1.85 In the first quarter of 1936, and
$9.84 in the past 12 months compared
With $6.97 a year ago.
Sales of five shares of Liberty Na
tional Bank stock on the Washington
exchange yesterday disclosed a gain
of 10*4 points since the last previous
sale at 139*4. The market closed with
150 bid and 160 asked.
On the Washington Stock Exchange
today three $1,000 transfers in Wash
ington Gas 5s, 1958, took place at 106.
Riggs National Bank common stock
sold at 325 and Real Estate Mortgage
& Guaranty preferred came out at 5*4,
unchanged.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE
By Private Wire Direct te The Star.
2:16 p.m.
Prev 1937 Stock and Sales— Net
High. Low. Dividend Rate. Add 00. High. Low. Close, chge.
65 49% Abbott Lab <U 60)_ 2 61 61 61 - %
80% 63% Acme Steel (4)_ 1 75 76 75
22% 16 Adams Exp (a66c)-. 8 18% 18% 18%-%
28% 24% Adams Millis <bl)..x 1 26% 26% 26% — %
36 30% Addressograpb (1). 5 32% 32% 32%+ %
4% 3 Advance Rumely_ 2 3 3 3
80% 68% Air Reduction (Tl)_ 19 76% 73% 74%+%
6% 3% Air-Way Electric—. 2 3% 3% 3% — %
15% 13% Alaska Jun <t60c)— 9 13% 13% 13%
5% 3% Alleghany Corp 12 4% 4% 4% + %
59% 43% Alleg pf ww *30_ 7 63 62% 52% -1%
45% 36% Alleg Steel (b40c)— 2 39% 39 39 -1%
27% 22 Allen Indus tl>_ 1 23 23 23 -%
258% 225 Allied Chem (6)_ 2 240 240 240 -1
33% 25% Allied Mills (b50c). 1 25% 26% 25% - H
21% 16% Allied Stores <b2Uc) 12 18V* 18 18 — V*
85 8u% Allied Strs pf (6>_ 3 82 82 82
83% 63% Allls-Chaim (b60c). 10 68 67% 67%
39% 30% Alpha Port Cmt (1). 2 33% 32% 33% +1%
8% 4% Amal Leather 1 6% 6% 6% — %
114% 98% Amerada Corp (2)— 2 106% 105 105 -1
101% 83 Am Ag Chm Del bl_ 1 90% 90% 90% - %
41% 25V* Am Bank Note ttl). 3 28 27% 27%+ %
75% 69 Am Bk Note pf (3).. 60s 60% 60 60%+ %
80% 58 Am Brake Sb (t2)_ 12 61 60 60 —1
121 101% Am Can (T4) 5 105% 106% 105% -1
71 66 Am Car & Foundry. 4 61% 60% 61 — %
104% 92% Am Car & Fy pf (b4) 1 93% 93% 93%
91 72 Am Chain & Ca bl„ 14 89 88V* 88% — %
23% 13% Am Colortype _ 6 20% 20% 20%
30% 26% Am Cornel A1 a50c_ 9 28% 27% 27% — Vi
33% 27V* Am Crystal Sug b2.. 4 28V* 28 28 + %
99Vi 94% Am Crys S 1st pf 6.. 80s 96 96 96
13% 8% Am Encaustic _ 4 11% 11% 11%+ %
13% 7V« Am & Foreign Pwr.. 2 10% 10% 10% — %
58% 46% Am & For Pw *6 pf_. 2 60 60 60
68% 54 Am & For Pw *7 pf_ 3 59% 69Vi 69V*
38% 20V* Am & For Pw 2d pf_ 1 29V* 29V* 29V* — Vi
21 18 Am Hawaiian (1) 1 19% 19% 19%
11V* 6% Am Hide & Leather. 7 9% 9% 9%
55% 37% Am Hide & L pf (3). 1 48% 48% 48% — %
52% 46% Am Home Pr t2.40._ 2 46 45% 45% —1%
4% 2% Am Ice . _ 2 4 4 4
17% 13% Am Interntl (a40c)_ 8 16% 16 16%+ %
68% 43 Am Locomotive_ 7 61% 60% 50V* —1%
125 113 Am Loco pf (a3)_ 2 116V* 115 115
29% 22% Am Mach & F ttl). x 3 23% 23% 23% + V*
13% 10% Am Mach & Met 60c 1 10% 10% 10%
bb% 50V* Am Metals . 10 58 57% 68
75 62 Am News (N Y) (3) 10s 67 67 67 —1
16% 10% Am Power & Light— 6 11% 11% 11% — V*
72% 65% Am Pw & Lt pf (5).. 3 57 66% 56% -1
87% 66 Am Pw & Lt pf (6). 2 68 67% 67%
29% 23 Am Radiator t60c . 71 24% 23% 24 + %
170 154% Am Radiator pf (7). 10s 155 155 155 + V*
45V* 33% Am Roil Mill tl.20- 58 38% 37% 38%+ %
36 30% Am Safty Raz (t2)_ 2 30% 80% 30%-%
58 41 Am Shlpbldg (2)... 60s 61 61 51
105% 88V* Am Smelt & Ref(3). 44 93 92 92%-%
154 138% Am Sm & Ref pf (7). 6 140 139% 140 +1%
67% 69 Am Snuff <t3) 3 69% 59V* 59%+ V.
73V* 57% Am Steel F <b50c).. 15 58% 57 57% -1%
115 109% Am Steel F pf (7) . 50s 110% 110 110 +%
37s 3% Am Stl F rts May 15 119 3% 3% 3% - %
26% 20 Am Stores (2)_ 3 20% 20% 20%+ %
56% 47% Am Sugar (2) _ 2 48% 48% 48% — %
143% 130 Am Sugar pf (7)_ 1 133% 133% 133% +1%
257s 21% Am Sum Tob (tl)— 1 22 22 22 + %
187 167% Am Tel & Tel (9)_ 24 168% 167% 167% - %
99 78% Am Tobacco (5)_ 6 82% 82 82% +1%
99% 80% Am Tobacco B (6).. 14 84 83% 84 + %
20% 14% Am Type Founders. 8 15% 15% 15% — V*
29% 20% Am Water W (80c) 30 21% 21% 21%
107 97% Am Wat W 1st p <6) 1 97% 97% 97%
14% 9% Am Woolen 1 11% 11% 11% — Vi
79 64 Am Woolen pf (bl). 2 70 69% 69% - V*
20 6% Am Zinc & Lead — 11 15% 15% 15%+%
69% 52% Anaconda Cop (tl). 82 59% 58 58 -1%
97 79 Anaconda Wire <t2) 1 85 85 85 +2
111 106 Anchor Cap pf 6%.. 10s 110 110 110 + %
10V* 5% A P W Paper ... 6 8% 8V* 8%+l
46 41 Archer- Dan-M(t2)_ 1 42 42 42
121% 119 Archer-D-M pf(7)._ 40s 119% 119% 119%
13% 7 Armourtlll) bl5c... 42 11% 11% 11%
99% 81% Armour(Ill)pr pf 6. 1 94% 94% 94% +1%
70% 69% Armstrong Cork(J) 9 63V* 62% 627s— 74
24% 18% Assoc Dry Goods . 1 19% 19% 19% + %
101 96% Asso D G 1st pf (6) .. 1 96% 96% 96%
125 114 Asso DG 2d pf bl%. 1115 115 115 -5
87% 69% Atch T & S Fe( *2) .. 7 81% 80% 80% —IV*
104 100% Atch T& S Fpf<5). 2 100% 100V* 100% - %
55% 44% Atl Coast Linetal). 11 48% 47% 47% — %
29 23 Atl Gulf & Wst Ind. 1 25% 25% 25%
44 35 Atl G & W I pf(a3). 1 39% 39% 39%-%
37 30% Atl Refining <tl)_ 14 34% 34 34%
18% 16% Atlas Corp (80c)_ 5 17% 17% 17%
52% 50% Atlas Corp pf (3)_ 1 51 51 51 — %
94 72V* Atlas Pwdr (b75c)_. 2 80 79% 80 + %
36% 28% Auburn Auto ... 6 31% 30% 30%—%
9V* 6% Aviation Corp Del_ 12 8% 8V* 8% + %
11% 8 Baldwin Loco (d) . 26 8% 8% 8% + %
120 86% Baldwin Loco pf(d) 3 112 110 112 +2
9% 6% Baldwin asd (d) .. 26 7Vi 6% 774 + %
120 88% Baldwin pf asd(d).. 4 112 110 112 +8
40% 20% Baltimore & Ohio—. 54 36% 35% 36 — %
110% 105 Bangor & A pf (5).. 10s 104% 104% 104% — Vi
43% 35% Barber Co (a75c)_ 4 38% 38 38 — %
35V* 26V* Barnsdall (1) 81 33% 32% 32% — Vi
20V* 16% Bavuk Cigar t76c_ 4 16% 16% 16% — V.
28% 24 Beatrice Cream tl— 4 26% 26 26%+%
15% 12% Belding Hemln (1). 3 13% 13% 13%+ %
30Vs 23% Bendix Avia(b25c)_ 7 24% 24V* 24V* — Vi
23% 20% Benef Ind Ln (b95c) 11 21V* 21 21 - %
105% 73 Bethlehem (al%) 51 93% 91% 91% -lVi
20 18% Bethl'm St 5% pf(7) 3 18% 18% 18%
by% bz Bigeiow-san Done... z ai> bb
38 30 Black & Deck b50e.. 2 31 31 31 + %
29% 22% Elaw Knox <b20c)._ 4 26% 25% 25% -1%
49% 33% Boeing Airplane_ 5 40% 40% 40% + Vi
48% 40% Bohn Alum & B(3)_. 1 44V* 44% 44V*- %
93 85% Bon Ami A (4) ... 30s 89% 89% 89% +1
46% 41% Bon Ami (B) (2%).. 30s 44% 44% 44% —1%
28 26 Borden Co (1.60)... 49 26% 25% 25% - %
83% 72% Borg-Warner (4)_ 3 81% 81 81
15% 8% Boston & Maine _. 1 12% 12% 12%
4% 2% Botany Mines A(d). 1 2% 2% 2% — %
23% 16% Bridgept Brss(6Uc 12 18 17% 17% - V*
7)i fe Bridgp't Br rts Ap29 57 U % % — At
69% 45% Briggs Mfg (+ 2) .. 9 47 46% 46%-%
47 41V* Bristol-Myrs t2.40_. 1 42 42 42 -V*
53 39% Bklyn-Man Tr (4).. 20 40 37% 37% -2%
8 5% Bklyn & Queens_ 4 5% 5% 5% — %
62% 38% Bklyn Un Gas (3)_ 1 40 40 40
50 45% Brown Shoe (3)__ 1 46% 46% 46% + Vi
24% 20% Brunswick-Balke_ 3 21 20% 20% — %
25% 18% Bucyrus-Erie _ 2 20 20 20 + %
117% 108% Bucyrus-E pf (7)... 10s 108 108 108 -2
14% 10% Budd (EG) Mfg_ 19 11 10% 10%
13 9% Budd Wheel(a20c)-. 2 9% 9% 9% - V*
45% 34% Bullard (b25c) _ 1 39% 39% 39%+%
65% 50% Bulova Watch (t4)_ 24 56V* 53% 55% +2%
35% 30% Burr Add M <800 _ 5 31 30% 30%+%
11% 7% Bush Terminal (d)_ 3 9% 9% 9% — %
45% 24% Bush T Bldg pf(d)_. 40s 35% 35% 35%-%
18% 13% Butler Bros (bl5c). 4 16% 16 16 - V*
36% 29% Butler pf (1%) _ 3 32% 32 32 -%
9% 5% Butte Cop & Z(a5c)_ 2 6% 6% 6% — %
33% 25% Byers (AM)_ 1 27% 27% 27%
91 79% Byers (A M) pf_ 20s 77 77 77 -8
34% 27 Bi-ron Jackson (tl). 1 31 31 31 - %
50% 60 Calif Pkgpf (2%).. 2 50% 50% 50% + Vi
6% 2% Callahan Zinc-Lead. 22 4% 4% 4% — %
20% 14% Calumet&Hecla (1). • 8 15% 15% 15% - V*
37% 29% Campbell Wy (tl)— 1 31% 31% 31%+%
38% 27% Canada Dry G Ale_ 16 35 33% 34% +1%
17% 14 Canadian Pacific... 13 14% 14% 14%
18% 15 Cap Adm (A)(al)— 2 16% 16% 16%+ %
52% 50 Cap Adm pf (A)(3). 30s 51 51 51
8% 7 Carriers & Gen(b5c) 7 8 7% 7% — %
176% 138 Case(J I)Co (4)_ 2 160 159 160 -%
129% 116 Case(J I)Copf(7)_ 20s 122 122 122 -%
100 85% Caterpillar Tr (+2). 8 90% 88% 88%-1%
381% 26% Celanese <b75c). .. 285 39% 37% 38% +1
113>% 106% Celanese pr pf A(7). 1110 110 110
48% 36% Celotex Corp _ 2 43% 43% 43% + %
82% 76 Celotex Corp pf (5). 150» 77 76% 77 +1
39% 33% Cent Aguire (tl%)- 5 35 34% 35 + %
12% 8% Central Foundry_ 2 9% 9% 9% — %
24% 17 Cent Violeta Sug 3 18 17% 18
14% 10% Century Rib M b20c- 2 13% 13% 13% - %
86% 67% Cerro de Pasco 4 4)_ 6 75% 75 75
23% 16% Certain-teed Prd 8 18% 18 18 - %
60% 35% Champion Pap (tl)- 7 60% 59% 59%+ %
68% 57% Ches & Ohio t2.80 .. 26 61 60% 61
100 91 Ches & Oh pf A (4). 6 93% 93% 93%+1%
4% 2% Chi & East 111 (d)_ 3 4 4 4 + %
13% 6% Chi & Est 111 pf (d)_ 1 11 11 11
4 2% Chi Grt West (d) — 8 3% 3% 3%
18% 13'% Chi Grt West pf (d) 3 15% 14% 14%
11% 8% Chi Ind&L pf (d)„ 20s 8% 8% 8% - %
3% 2 Chi Mil St P&P (d)- 2 2% 2% 2% - %
7% 4% Chi M St P&P pf (d). 2 5% 6% 6%
6% 3% Chi & N W (d) _ 14 4% 4% 4%
19% ll%Chi&N W pf (d)— 1 15 15 15
33 23 Chi Pneumatic Tool. 1 27% 27% 27% - %
70% 61% Chi Pn T pf b87 %c„ 1 63% 63% 63%+1
3% 2% Chi R I & Pac (d) .. 6 3 2% 3 + %
8% 5% Chi RI&P 6% pf(d). 2 6% 6% 6% - %
10% 6% Chi RI&P 7% pf(d) 2 8% 8% 8% - %
22% 18% Chtckasha Cott’n Oil 1 18 18 18 -%
15% 12% Childs Co _ 7 13% 13% 13% — %
135% 110% Chrysler (bl%)_ 63 118% 116% 116% - %
21% 18% City Ice & Fuel (2). 1 20 20 20
10% 8% City Stores _ 4 9 8% 9 + %
38% 32% Clark Equip(tl.60). 2 35% 35% 35%-%
113 105 Clev El Illu pf 4%— 30» 107% 107% 107% + %
41% 35 Clev Graph Br (2).. 60 42% 40% 41% +1%
25% 19% Colgate-P-P(t60c). 7 22% 22% 22%
62% 53 Collins & Aik (t2)„ 2 58 57% 68 + %
112% 108% Collins & Aik pf(5)_ 160* 110 109% 109% - %
45 26 Colonial Beacon . . 10« 42 42 42 — %
30 23 Colo & South 1st pf. 210» 23% 23% 23%+%
20% 13% Columb G& El (40c) 49 15% 16 15%-%
39% 32% Columb Pic vtc (tl) 2 34% 34 34% - %
125% 112% Col Carb vtc (t4).._ 4 118 117 117%-%
69% 66% Cornel Credit (t4> _ 11 60% 69% 60 -%
114 100 Cornel Credpf (414) 1 103% 103% 103% + %
80% 64 Cornel lnv T (t4) .. 4 68% 68 68%+%
120 104 Cornel InvTpf 4%.. 1 107% 107% 107%+3
21% 16% Cornel Solv (t60c)._ 9 17% 17% 17%-%
4% 2% Comw & Southern-. 16 3 2% 3 + %
75% 55% Comw & Sou pf (S)-. 2 67% 57% 67%
45% 36% Congoleum-Nrn(2)_ 4 41 40% 40%-%
18% 13% Consol Cigar.. 1 14 14 14 + %
95 83% Con C pr pf ww 6%_. 60» 91 90 91 +1
49% 38% Cons Edis N ?(t2)_ 28 40 39% 89%
5% 4% Cons Film _ 6 4% 4% 4% - %
18% 14% Cons Film pf <a2)__ 2 15% 15% 15%+%
13% 9% Cons Laundries_ 2 11% 11% 11%
17% 15% Cons Oil (SOc)_ 69 17% 17 17 - %
3:15 p.m.
Prev 1037 Stock and Sales— Met
Hith. Low. Dividend Rate. Add 00. Hist). Low. Close, ehce.
10% 7 Corn R R Cuba pf... 2 8% 8 8% + %
1% % Cons Textile (d)_ 8 1 % 1
13% 8% Cons Coal (Del) vtc. 8 12% 12% 12%—%
62% 33 Cons Coal Del Tto pf 180s 49% 49% 49%
37% 20% Container Corp 1.20. 22 86% 86% 36 + %
37% 27% Conti Baking (A)_ 3 80% 80 80
6% 3 Conti Baking (B)_ 16 4 8% 8% — %
69% 65% Conti Can (3)_ 7 68 67% 68
25% 20% Conti Diamond (2).. 3 22% 22 22 — %
42% 37 Conti lnsur (tl.80). 12 38 37% 87%-%
3% 2% Conti Motors__ 8 2% 2% 2% — %
46% 40% Conti Oil Del (tl)._ 48 48% 46 46%+ %
36% 26% Conti Steel (b60o>_. 10 32% 82 32
77 63% Corn Ex Bank (8)80s 70% 70% 70%+ %
71% 64% Corn Prod Ref (tS). 16 64% 64 64 — %
10% 6 Coty Ino- 16 9 8% 8%
66% 46 Crane Co .. _ 16 49% 49 49% — %
37 29% Cream of Wheat(2). 2 32 32 32 + %
28% 21 Crosley Radio at 2 21% 21% 21%+ %
56% 47% Crn C&S pf ww 2%. 1 48 48 48
26% 17 Crown Zeller(new) - 67 24% 23% 23% — %
108% 99 Crown Zell cu pf (6). 6 108% 107% 108 — %
81% 61 Crucible Steel_ 8 71% 70 70 -2%
3 2 Cuba Co . 1 2% 2% 2%
14% 10 Cuban-Am Sugar... 8 11% 10% 11%
127 110 Cuban-Am Sug pf... 70e 112 111% 112 +1
20% 16% Curtis Publishing.. 2 16 16% 16% — %
109% 92% Curtis Pub pf (7)... 6 94% 94% 94%+ Vs
8% 6% Curtlss-Wrlght_ 28 6% 6% 6%
23% 18% Curtlss-W (A)aBOo. 9 20 19% 19%
90% 76 Cutler-Ham <b50c). 2 79% 79 79% +1%
24 19% Davega cum pf 1%. 1 20 20 20 — %
109 103% Dayton I’&L pf 4%. 80s 102% 102% 102% —1
135% 104% Deere & Co . ... 7 128% 126 128% 4 1%
31% 29% Deere & Co pf 1.40.. 1 29% 29% 29%
29 22 Delsel-Wem-G(tl). 2 24% 23% 24% — %
58% 42% Delaware & Hudson. 7 49 48% 48%+ %
24% 17% Del Lack & West .. 7 20 19% 19% — Vi1
10% 7% Den & R G W pf(d)_ 2 9 8% 9 + %
146% 122 Detroit Edison (t4). 1 123 123 123 +1
36% 30% Diamond Mth(b50c) 2 31% 31% 31% — %
23 21% Diamond T Mot b25c 3 21% 21% 21% — %
29 24% Distil Corp Seag 7 26 2A% 24%
46% 36% Doehler Die Cast(2) 3 37% 37 37 — %
51 41% Dome Mines (t2) 7 43 42% 43 + %
12% 10 Dominion Stores 6 11% 11% 11% + V*
77% 54% Douglas Aircraft... 6 67% 66% 67% + Vs
8% 5% Dunhlll Internatl 1 5% 6% 6%
180% 164 DuPont (b75c)_ 8 166% 166% 165% - %
17 11% Eastern Roll Mills.. 2 14% 14 14% + %
175% 158% Eastman Kodak(6)_ 4 162 161 162 +1
37% 31% Eaton Mfg <+2>_ 5 33 32% 32%—%
16 11% Eitlngton-Schild- 3 13% 13% 13% — %
29 23% El Faso Nat G 1.60_. 8 26 25% 25%
45% 38 Eleo Auto Lt t2.40.. 14 39% 39 39 - %
16 11% Eleo Boat <a60c) 4 11% 11% 11%-%
7% 5% Elec&Mus 1 <al8c)_ 3 5% 5% 5%
26% 19% Elec Pow & Light_ 16 22% 22 22 — %
87 67% Elec Pw & Lt *6 pf- 2 73% 73 73
92% 75 Elec Pw & Lt $7 pf.. 1 79% 79% 79%-1
44% 39% Elec Storage Bat (2) 2 39% 39% 39%
2 1% Elk Horn Coal (d)._ 6 1 Vi 1% 1%
8 5% Elk Horn Cl pf (d)_. 2 5% 5% 5% — %
60 65% Endicott-John (3).. 2 58 67% 67%+ %
17% 11 Eng Public Serv_ 1 11 11 11 - %
9% 7% Equitable Office B._ 3 7% 7% 7%
23% 13% Erie R R. _ 4 19% 19% 19%-%
36% 26% Erie R R 1st pf_ 10 29% 29 29% - %
14% 12 Eureka Vac (80c)__ 2 12V* 12% 12% + %
34V* 28% Evans Prod (tl)._ 25 31% 30% 31' +1%
6% 4% Exchange Buffet_ 1 6% 5% 5%
5% 3% Fairbanks Co_ 180s 4% 3% 3% — %
28 20% Fairbanks Co pf_ 20s 22% 21% 21% —1%
71% 56 Fairb’ks-Morse (tl) 1 69 69 69 — V*
29% 21 Federal Lt & Trac.. 3 22% 22% 22%-%
103 93 Fed Lt & T pf (6) ... 40» 95 95 95
11% 8% Federal Motor!40c) 2 9 8% 8% — V*
6 4% Fed Water Svc A_ 3 4% 4% 4%
43% 36% Fed’d Dept Str(2) . 4 38 37% 37% — V*
45% 37% Fidel Phoenix tl.60. 2 39% 39V* 39%
41% 32% Firestone T&R (2). 2 37% 37% 37%
46V* 38% Flintkote Co (1) ... 12 41% 39% 40%-%
58% 46 Florence Stve b50c. 2 48 47% 47V* — **
39% 34 Florshelm A (2)_ 1 36% 36% 36%^%
9% 6% Follansbee Bros(d). 2 7% 7% 7%
58 47% Food Machine (1) . 3 67% 56% 66% — V*
128 116% Food Mach pf(4%) 80» 127% 127% 127% +1%
54% 43 Foster-Wheeler . 9 49% 48% 49 + %
135 118 Foster-Wheeler pf.. 10s 123 123 123
32% 26% Freeport Sulph (1). 13 29% 28% 28% - V*
117 109% Freeport Sul pf(6)_. 10» 116 116 116
48% 34% Fuller Co 2d pf_ 10« 35% 35% 35%+ %
33 23 Gamewell Co _ 40* 26% 26 26
19% 16% Gar Wood Ind a55c. 17 15% 15 15 -%
15% 12% Gen Am Inv(a75c).. 1 14V* 14V* 14V* + %
105% 101 Gen Am Inv pf (6).. 2101 101 101
86% 69% Gen Am Trans <a3). 2 73 73 73 — V*
19% 15V* Gen Bakin* (t60c).. 2 15% 15% 15% - %
32% 25% Gen Cable _ 7 29 28% 29 + %
65 52% Gen Cable (A).. 2 57 57 57
64% 51% Gen Electric (b40c). 48 55 54% 64%-%
44% 39% Gen Foods (2) _ 8 42 41% 41%-%
3% 2% Gen Gas* Elec(A). 6 2% 2% 2%
65% 60 Gen Mills (3) _ 2 65 64% 64% - %
124 117% Gen Mills pf (6)_ 10» 118% 118% 118% -1
70% 57% Gen Motors(b25c).. 113 59% 58% 59%+ %
122% 114% Gen Motors pf (5).. 1 116% 116% 116% - V*
60% 49% Gen Outdoor Adv A. 6 47% 45% 46%-3%
19 15% Gen Print Ink new_ 4 16% 16% 16% + %
5% 4 Gen Pub Service_ 14 4 4
5% 3% Gen Realtv & Util.. 8 4% 4 4 - %
70V* 60 Gen Refract (a374)- 2 62 61% 62
88 70 Gen Steel Cast pf_ 10* 75 75 75 +1
33% 27% Gen Thea Eq(b25c). 1 28% 28% 28%-%
207* 15% Gillette S Raz (tl). 6 17% 17 17 - %
88% 83 Gillette S R pf (5).. 1 84% 84% 84%+1%
29% 20Vi Gimbel Bros ._ 18 27 26% 26% + %
90V* 83% Gimbel Bros pf(6).. 1 86% 86% 86%+ %
51V, 43 Glidden Co (2) ... 10 46% 45% 457,+ %
58% 54 Glidden cv pf (2 74).. 3 56 56 66
6% 5% Gobel (Adolf) .. 3 6% 6% 5%
8% 6% Goebel Brew(t20c). 1 7 7 7 + Vi
60% 31 Goodrich(BF) (al)_ 15 46% 45% 46 - %
87% 79% Goodrich pf (5) . 1 827* 82% 82%-%
47% 27% Goodyear T & R 50c 37 42% 41% 41% - %
141 100 Goodyear cu pf(5).. 1 126 126 126
13% 10% Gotham Silk Hose.. 3 1174 11% 11%-%
4% 3 Graham-Paige_ 10 3% 3% 3% — %
15 6% Granby Cons 3 10% 10% 10% — %
7 32 4 32 Granby rights Ap 26 38 5 32 4 6 32
54 34 Grand Union ctfs ... 1 4 34 34 — 4
274 214 Grand Union pf(bl) 3 224 224 224 - V*
484 384 Granite City Stl(l). 1 404 404 404 -4
474 42 Grant (WT) <tl.40) 1 43 43 43 -4
554 404 Grt Northern pf 19 614 514 514 + 4
284 19 Grt Northn Ore (1). 3 254 244 244 -4
424 35 Grt WeBt Sug t2.40_ 2 354 354 354 - 4
394 324 Green H L <tl.60)_. 2 844 344 344 +4
164 134 Greyhound (t80c).. 9 144 144 144 — 4
114 104 Greyhound pf (55c). 4 104 104 104 -4
44 3 Guantanamo Sug__ 6 34 34 34
36 324 Hack W pf A (1%). 10* 324 324 324
204 134 Hall W F Print ... 26 184 174 174 +4
31 254 Hamilton Wth b26c. 1 29 29 29 -4
108 1044 Hamilton W pf (6). 60* 106 1054 106
105 1014 Hanna (MA) pf(5). 10* 103 103 103 +4
684 504 Harb-Walker 4+2 > _. 2 504 604 604 +4
174 134 Hat Corp of Am 80c. 1 144 144 144 +4
8 54 Hayes Body . _ 4 54 54 54
1094 101 Hazel Atlas G1 (t5). 1 105 105 105 -14
154 13 Hecker Prod (60c).. 7 134 134 134 -4
394 284 Hercules Motor(tl) 2 314 314 314
674 59 Hershey Choc (t3)_ 1 61 61 61+4
304 21 Hollander & Son(l). 12 30 294 294
434 314 Holly Sugar (t2)_ 1 344 344 344 -4
431 355 Homestake (tl2) —. 60* 390 387 389
274 214 Houd-Her B (tl4>- 2 224 224 224 -4
94 884 Househ'ld Fin pf(5) 1 92 92 92 +24
174 124 Houston Oil vtc_ 32 15 144 144 + 4
904 624 Howe Sound (t3)_ 2 784 774 774 -14
54 4 Hudson & Manhat— 2 44 44 44
154 114 Hudson* Man pf... 1 114 114 114+ 4
234 184 Hudson Motor- 9 204 204 204 - 4
24 14 Hudp Motors_ 6 24 2 2
38 224 Illinois Central_ 29 334 324 324 +4
224 124 Indian Refin (al)_ 2 174 17 17-4
464 364 Indus Rayon (2) ... 14 454 44 44 - 4
144 1294 Ingersoll Rand(t2). 2 131 130 130 -4
1314 112 Inland Steel (4)_ 3 114 1134 114 +4
334 224 Inspiration Cop ... 6 254 254 254 + 4
6 5 InsSh Md ct (a20c). 1 54 54 54 +4
134 94 Inter Rap Tr vtc(d) 1 10 94 94 - 4
114 44 Intercontl Rubber.. 7 9 84 84 —1
284 164 Interlake Iron _ 20 234 234 234 + 4
94 5 Inti Agricultural_ 22 8 4 8 4 84 -4
■ 634 42 Inti Agricul pr pf_ 12 624 60 60 -14
189 1594 Inti Bus Mach(+6)_. 3 164 163 164 +4
1114 994 Inti Harvester^ 4) 26 108 1074 1074 +4
164 84 Inti Hydro El A — 10 134 134 134 - 4
154 64 Inti Mercantile M_ 29 134 124 124 - 4
184 124 Inti Mining (a90c)_. 10 144 14 144 +4
734 624 Inti Nickel (b50c)._ 44 654 644 644 - 4
244 164 Inti Paper (A)_ 17 234 224 224 +4
18 104 Inti Paper (B)_ 8 164 164 164 +4
94 54 Inti Paper (C)- 16 84 84 84
1214 904 Inti Paper pf_ 29 1164 114 116 +1
584 41 Inti Print Ink < + 2) • 2 68 574 574 -14
1114 1094 Inti Print Ink pf (6) 60* 1094 1094 1094
28% 25% Inti Salt (tl% )- 1 26 26 26 •
49% 45% Inti Shoe (+2)- 1 46 46 46 + %
52 31% Inti Silver _ 1 44% 44% 44% +1%
110 90 Int Silver pf (b4)— 10s 104 104 104 +%
16% 11% Inti Tel & Tel .. 80 12% 12 12%+%
36% 28% Interstat Dp St b2 % 6 30% 80% 30%
26% 19% Intertype Corp (1).. 1 20% 20% 20%+ %
29% 25% Island Creek (2)- 12 30 29% 29% + %
87% 77 Jewel Tea (t4)- 2 77% 77% 77%-%
155 127 Johns-Manv < +3) — 2 133% 132 132 -2
126 120 Johns-Mansv pf (7) 110* 125% 125 125% + %
136 123 Jon&L 1% pf(bl%) 110» 127% 127% 127% +1%
121 115% K C P&L 1st pf B(6) 20s 116% 116% 116% +1
29 20 Kans City South 2 25 24% 25 - %
23% 17 Kelsey-H A (al%>~ 2 18% 18 18 - %
19% 14% Kelsey-H B <al%)_. 1 15 15 16 - %
109% 102 Kendall pf A <+6)— 10s 103% 103% 103% + %
69% 55% Kennecott (b50c) 54 60% 69% 69% - %
20% 17% Keystone S&W b30o 15 19% 18% 18% - %
46% 38% Kimberly Clark (1). 3 46% 44% 44%-1
9% 5% Kinney (G R) Co—_ 4 8% 8% 8% + %
71 47% Kinney pf (al)_ 60s 67 65% 66%+%
16% 9% Kresge Dept Stores. 2 10% 10 10% + %
29% 24% Kresge S S <b30c> . 3 25% 25% 25%+%
24% 22 Kroger Groo <tl.60> 4 22% 22% 22%-%
24 18% Lambert Co (2)- 37 21% 21% 21%+%
61% 38% Leh Port Cmt 1 %— 1 41% 41% 41%
3% 2% Lehigh Valley Coal. 6 2% 2% 2%
18% 13 Lehigh Val Coal pf _ 2 13% 18 13 - %
24% 17% Lehigh Valley RB. 8 20 19% 20 - %
137 118 Lehman Corp <t3)— 8 130 126% 130 +5
68% 48% Lerner Stores(t2)— 8 <1 61 61
3:15 p.m.
Prey 10.17 Stock and Sales— Net
Hlah. Low. Dividend Rate. Add 00. Hlth. Low. Close. eh*e.
79 66% Llbbey-Owens-F (3) 3 69V. 69% 69V* + %
16% 9% Libby McN & L(al). 4 14% 14 14 -%
113% 98 Llgg A Myers (t4)_. 2 98% 98 98%+ %
114 98 Llgg A Myers B t4_. 10 99% 98% 99% +1%
83% 69 Lima Locomotive_ 2 72 71% 71% — %
61 62 Link Belt <+2)_ 2 63% 63% 63%-%
63% 43% Liquid Carb (2.60)_. 8 61 60% 60% - V,
83% 64% Loew’s InQ (t2)_ 21 82% 81% 82%+ %
3% 2% Loft Inc _ 8 3% 3 8 - %
76% 66 Lone Star Cmt b75o. 6 63% 62% 63% + %
10% 6% Long-Bell Lumbl A) 7 9% 8% 9 — %
28% 22% Lorlllard P (T1.20) _ 26 23% 22% 23 -%
28% 19% Lou Gas A Elec (A). 6 21 20% 20%-%
99 87% Louis A Nash b2%_. 6 90 89 90
41% 29% Ludlum Steel <tlJ_ 6 36% 36% 35%-1
36 29% McCall Corp <12>__ 6 30% 30% 30% +1%
24% 18% McCrory Stores_ 2 19 19 19 - %
64% 40% McGraw Eleo <t2)_ 4 62 61% 51% — %
42%’ 37% McIntyre Porcu(2). 7 87% 87% 37% — %
42% 37% McKeesp’t Tin Plate 7 37% 37 37% - %
16% 12% McKesson A Rob .. 8 16 14% 14% — %
47% 46 McKess A Rb pf <3)_ 3 46% 45% 46%-%
19 16% McLellan Strs b75c. 2 16% 16 16%+ %
62% 42% Mack Trucks <tl)_ 17 62% 61% 52%-%
68% 60% Macy (R H) 4 + 2)_ 6 61% 61 61 -1
15% 11% Madison Sq G(80c)_ 6 14% 14% 14%-%
63 62 Magma Copper (2).. 1 64% 64% 54% — %
30 20 Manatl Sug pf (d)_80s 23 22% 23 - %
16% 14 Mandel Bros (bl).. <2 15% 15 15%—%
16% 10% Man El md gtd (d)_. 1 11% 11% 11%-%
29% 22 Manhat Shirt (1)... 3 23% 23 23 - %
6% 4% Maracaibo Oil Exp.. 1 6 5 6
14% 10% Marine Mid <t40c).. 9 11% 11% 11%+%
6% 4% Market St Ry 2d pf. 40s 4% 4% 4%
61% 43% Marlin Rock ft2)_ 1 41% 44% 44% —1
30% 18% Marshall Field_ 8 26% 26% 26% — %
13% 9 Martin-Parry_ 3 11 10% 10% - %
74 58 Masonite (tl)_ 4 61% 60% 61% +1%
41% 36 Mathleson Alk(l %) 1 37% 37% 37%-%
166 155 Mathleson pf A (7). 10s 155 155 155 -2%
15% 12 Maytag Co <a50c)._ 1 12% 12% 12%+ %
33% 25% Mead Corp _ 7 32% 31% 31% - Vi
101 95 Mead Corp pf (6)_._ 20* 96 96 96 -1
86% 72 Melville Shoe ( + 5).. 1 76% 76% 76%-%
16% 11% Mentel Co _ 3 14% 13% 13% - Vi
47% 41 Mengel 1st pf (2%). 120s 46 43 43 — %
72% 69 Mesta Mach (bl%). 2 66 65% 66
26% 16% Miami Copper .. .. 6 19% 19'*, 19%
36% 29% Mld-Cont Pet al.15.. 18 33% 32% 32%-%
48% 38% Mldld Stl Prod(t2). 1 43 43 43 -1
122 116% Mldld Stl 1st pf<8)_ 10" 118 118 118
120 102 Mlnn-Hon Ros (2). 1 109 109 109 -%
124 114 Mlnn-Hn R pf B(4). 20s 113% 113% 113% — %
16% 11 Minn Moline Pow .. 14 14% 14% 14% - Vi
101 88% Minn Moline Pw pf. 1 94 94 94 -1%
6% 4% M St P&S S M Is In 100s 4% 4% 4% - %
34 26% Mission Corp <a45c) 1 31% 31% 31%-%
9% 6% Mo Kans A Texas _. 3 8% 8% 8%
34% 24% Mo Kans & Tex pf A 2 28% 28% 28% - %
6% 3 MoPaciflo(d) _ 2 5% 5% 5%
12% 7 Mo Pacific pf (d) .__ 11 10% 9% 9% - %
40% 30% Mohawk Carp(l.20) 2 34% 34% 34%-%
101 89 Monsanto ChTn(tl). 3 91 90% 90% - V*
69 63% Montg Ward <t2) .. 36 61 60% 60%-%
3% 1% Mother Lode al2%c. 11 2% 2 2 -%
26 21% Motor WheeKl.60). 2 22% 22% 22%-%
54 41% Mueller Brass <tl)_ 2 47% 47% 47%-%
.39% 31 Mullins B (a50c).._ 2 32 32 32 -1%
36% 27% Munslngwear (3) ... 12 32 30 32 42
22 32 18 32 Murphy rts May 10.. 7 22 32 22 32 22 32 41 32
20-% 15% Murray Corp(aSOc). 2 16% 16% 16V* - %
71 68% Myers <F E) (bl)_ 1 64 64 64 -1
24% 17% Nash Kelv (1) ... 27 22% 21% 21%-%
47% 38 Nashv Chat & St L_. 10s 40% 40% 40%
24 18% Natl Acme <a75c) ... 1 20% 20% 20%
33% 28% Natl Biscuit (1.60). 24 29% 28% 28%-%
167 148% Natl Biscuit pf(7)._ 1 152 152 152 43%
33% 26% Natl Rond & in 1.44. 2 29% 28% 29% -4- %
38% 29% Natl Cash Reg (1) . 5 34% 34% 34% 4 Vi
26% 23% Natl Dairy Prd 1.20 36 24% 24% 24% 4 %
112% 108 Natl Dairy pf A (7). 10s 111% 111% 111% 42%
24% 17% Natl Dept Stores_ 1 19% 19% 19% — %
10% 7% Natl Dept Strs pf .. 80s 8 7% 8
35 27% Natl Distillers(t2). 41 33% 32% 32% 4 %
44 33% Natl Lead (t50c) . 2 37% 37% 37% — %
61% 48 Natl Mall & S C b50c 5 50% 50% 50% 4 %
14% 10% Natl Pw & Lt (60c). 13 11% 11 11 - %
1 % Natl Ry Mcx 2d pf.. 1 % % %
94% 70 Natl Steel (t2%)_._ 18 88% 87 88% 4 %
98 62 Natl Supply Co ... 12 95% 94% 95 -1
129% 121% Natl Supply pf a3% 3 127', 127% 127% - %
12% 9% Natl Tea (60c)_ 2 9% 9% 9%'
13% 11% Natomas (+80c) ... 5 11% 11% 11%-%
41% 31% Newport Jnd(b50c). 6 33% 33 33%-%
55% 40 NY Central .. 131 48% 47% 48% - %
9 16 % N T Cent rts Mayl.. 394 15 32 13 32 14 32
72 41 N Y Chi & St L ... 2 70% 70 70** 4 %
100 83 N Y Chi & St L pf_ 2 92% 91% 91% -IV*
31% 27V* N Y City Omnibus .. 8 29 28% 29
21% 17 N Y Omnibus(war). 3 19 18% 18% - S
12% 8 N Y Dock _ 330s 11 10% 10%
25% 17V* N Y Dock pf _ 530s 21% 20% 20% 4 %
2 lVi N Y Investors (d)_ 2 1% 1% 1% — %
9% 5% NY NH A H (d)_ 2 7% 7% 7%
26% 16% NY NH & H pf (d)_. 2 20% 20** 20% 41
6% 5 NY Ontario &W_ 1 5% 5% 5% - Vi
15% 11% N Y Shipbuilding_ 2 12 11% 12
4% 2 Norfolk South (d).. 3 3 3 3
17% 12% North Am Aviation. 24 14% 13% 13% - %
34% 25 North Am Co(b30c) 21 27 26% 26%-%
67% 51% North Am Co pf (3). 1 53% 53% 53% 4 %
36% 27V* Northern Pacific .. 156 33% 32% 33
63% 51% Northwest Tel (3).. 10s 52% 52% 52%
22% 17% Ohio Oil (a60c) 89 22% 22% 22% 4 %
72% 53% Oliver Farm Equip. 4 71 70% 70V* — %
26% 18% Omnibus Corp vtc.. 6 19% 19% 19% — V*
19% 13% Oppenheim Collins. 2 15% 15% 15%
45% 35 Otis Elev (60c)_ 10 37% 37 37% 4 %
24% 16% Otis Steel ... 20 20% 20 20% - V,
97 75 Otis Stl cv pf (5%). 3 88% 88% 88% -«-3%
200 1 50 Owens-Ill G1 (6) 1 177 177 177 +1
23 19% Pacific Am Fish 1.20 5 20% 20% 20% - %
15% 10% Pacific Coast 90s 11% 11 11%+ %
40 25% Pacific Coast 1st pf 120s 33 32 32%—%
27% 18 Pacific Coast 2d . 50s 19% 19% 19% — %
32% 24% Pac Finance(tl.80). 1 24% 24% 24%—%
38 30% Pac Gas & Elec (2). 8 33 32% 32%+%
53% 43% Pac Lighting (3)- 1 47 47 47 — %
44% 34% Pac Mills (b50c)_ 4 38% 38 38 -1%
29% 22% Pac West Oil(a65c). 3 28% 28 28
12% 10% Packard Mot (bl5c) 42 10% 10% 10%—%'
17% 11% Pan Am Pet (a60c). 2 12% 12% 12% -1%
4% 2% Panhandle P & R — 1 3% 3% 3% — %
88% 60 Panhandle P&R pf. 330s 80% 77% 80 +3%
90 76 Paraffine Co (bl).._ 1 82 82 82
28% 22% Paramount Pic _ 87 25% 25 25 — %
200% 161 Paramnt 1st pf (6)_. 3 176% 175 175%-1%
26% 20% Paramnt 2d pf 60c._ 13 23 22% 22% - %
8Vi 4% Park Utah . 18 5% 5% 5% + %
44% 38 Parke Davis (bl)... 3 39 38% 39 +%
29% 24% Parker Rust (tl%). 1 26% 26% 26%
7% 5% Parmelee Trans_ 16 6 6
10% 7% Pathe Film Corp ... 5 8% 8% 8%
23% 14% Patino Mines(t60c). 8 18% 18 18 - %
64 50% Penick & Ford(t3)_. 2 51% 50% 50%-%
103% 97 Penney J 0(4)_ 9 98% 98 98%+%
6% 4% Penn Coal & Coke... 3 5% 5% 5% + %
12% 7% Penn Dixie Cement. 2 9 8% 8% — %
60% 39% Penn Railroad (a2). 13 45% 45 45%-%
65% 48% Peoples Gas Chi ... 1 52 52 52 —1%
21% 17% Petr Corp Am a90c_. 6 20% 19% 19%-%
13Vi 10% Pfeiffer Brew h£0c . 4 11% 11% 11%—%
6-32 5-32 Pfeiff Br rts May 13 54 8-32 6-32 6-32
59% 47% Phelps Dodge b35c.. 19 54 52% 53%+%
54% 60 Phila Co 6% pf (3). 1 50% 50 50 — %
7% 5% Phila Rap Tr (d)_40s 5% 5% 5% — %
14 9% Phila Rap Tr pf(d). 40s 10 10 10
3% 1% Phila Read C&I (d). 9 1% 1% 1% - %
84% 70 Philip Morris(b3%) 3 73% 73% 73%+ %
59% 49% Phillips Petrol (2).. 33 58% 57% 58%+%
20% 16% Pierce Oil pf _ 7 19% 19% 19% — %
33% 28% Pillsbury Flour 1.60 1 30% 30% 30% — %
76% 60 Pittsburgh Coal pf.. 1 65 65 65
20 13% Pitts Screw&B bl6c. 7 17% 17 17%-%
43 24% Pitts Steel _ 2 34 34 34 -2
122 103 Pitts Steel pf _ 220s 104 100 102 —2%
28 20% Pitts Term Coal pf.. 10s 23 23 23 — %
8% 3% Pitts United _ 3 6% 5% 5% — %
47% 31% Pitts &WVa_ 10s 41 41 41 + %
28% 24% Plymouth Oil (tl).. 21 28% 27% 28% - %
21% 18% Pond Creek Poc (2). 1 21% 21% 21% — %
33% 24% Poor & Co (B) 3 25% 25 25% — Vi
11% 7 Porto R Am Tob A.. 1 7% 7% 7% + %
15% 10 Postal Tel&C pf(d). 1 10 10 10 — %
31% 23% Pressed Steel Car ._ 6 25 25 25 — %
31 24 Press Stl 1st pf 25c. 2 25 25 25 + Vi
86 66 Press Stl 2d pf 2%.. 1 66 66 66
65% 65% Proctor & Gam(t2). 11 63 62 62 — %
62% 43 Pub Svc N J <2.60)_ 9 44% 44% 44%+ %
72% 58 Pullman Inc (1%).. 12 60% 60% 60% + %
24% 19% Pure Oil . _ 130 22% 21% 21%
112% 108 Pure 011 8% pf_ 60s 110% 110% 110% — %
23% 18% Purity Bak (60c)_ 33 19% 18% 18% — %
18% 16 Quaker State (80c). 1 17 17 17+14
12% 10% Radio Corp _ 62 10% 10% 10% — %
80 73% Radio pf A (3%)—_ 3 74 74 74 -%
9% 7% Radio-Keith-Or (d). 49 9% 9% 9^+14
37% 31 Raybestos M (tl%) 1 32% 32% 32%—%
49 45 Reading 1st pf (2).. 1 47 47 47
22% 18% Reliable Str (aoOc). 5 19% 19% 19%+ %
35% 31% Reliance Mfg (t60c) 1 33 33 33
29% 21% Rem-Rand (t60c)_ 30 23% 22% 23% — %
9% 5 Reo Motor Car_ 25 7% 7% 714 — ^
47% 27% Republio Steel_ 164 42% 41% 42% -%
2:15 D.m.
Prev 1937 Stock and Sales— Net
High. Low. Dividend Rate. Add 00. High. Low. Close, chge.
110% 99 Republic pr pf A(6) 1 108% 108% 108% -1%
120% 109 Republic pf <bl%)_ 2 118% 116% 118% +3%
49% 33% Revere Copper 23 48% 48% 48'%
136% 128% Revere Cop pf bl%. 10« 133 133 133
30% 24% Reynolds Met (tl). 4 25% 25 25 — %
34% 24% Reynolds Spr (tl).. 2 26V* 26% 26%
58 60% Reynolds Tob B (3) 20 51% 61 51%+ %
46 38% Safeway Stores(t2) 3 39% 39% 39% — %
103 97% Safeway Strs pf(5) 10« 102% 102% 102%
113 110 Safeway Stis pf(7) 1470* 110% 110% 110%— %
65 43% St Joseph Ld(brOc) 8 56 55 55 -1%
4% 3 St U-San Fran (d)_ 2 3% 3% 3%
11% 6% St L-San Fr pf (d).. 2 8% 8% 8% — %
27% 14% Savage Arm (al) .. 1 24% 24% 24%+ %
61% 42% Schenley Dist(b75c) 5 47% 47% 47V*— %
3% 2 Schulte R Strs (d)_. 7 2% 2% 2%
45% 38 Scott Paper (1)_ 220* 41% 41% 41% — %
2% 1% Seaboard Air L (d). 14 1% 1% 1% + %
64% 40% Seaboard 011 (1) ... 15 51% 50 50% -1%
95% 81 Sears Roebuck (3)_ 11 90% 90 90 — %
34 28 Servel Inc (tl) _ 14 29 28% 29 + %
42% 29 Sharon Stl (tl.2(^)_ 9 36% 36 36 — %
120 102 Sharon Stl pf (5)_ 6 107 106% 107 +5
14 10% Sharpe & Dohme __ 2 11 10% 10% — %
17% 14% Shattuck F G (60c)_ 7 14% 14% 14% — %
34% 26% Shell Un Oil <a25c). 9 32% 31% 32 -%
105% 102 Shell Un Oil pf 5%.. 1 101% 103% 103% — %
17% 12% Silver King (b25c).. 2 15% 15V* 15%— %
68 44% Simmons Co (b50c). 9 53% 62% 53% — %
4% 3% Simms Petrol_ 1 4% 4% 4% + %
60 42 Skelly OH _ 12 60 59 59 - %
197 85% Sloss-Sheffield Stl . 40* 176 176 176
40% 27% Smith & Cor ctfs(l) 5 35 34% 35 +1%
29% 21% Snider Pkg (bl%) __ 1 23% 23% 23%+ %
19% 16% Socony-Vac (b25c). 254 20 19% 19% — %
6% 4% South Am G & P 30c 10 4% 4% 4% — %
42% 34 South Port Sug(t2). 2 39 38% 38%
32% 26 So Cal Edison tl 7 27 26% 27 + %
65% 42% Southern Paciflc_ 15 58',* 57% 57',,-%
43% 24 Southern Ry_ 22 39% 39% 39%
60V, 47% Southern Ry pf_ 18 63 61'% 52 —1%
9% 7 Sparks-Wlthing_ 6 7% 7 7 — %
36 31% Spencer Kell (1.60). 2 33'/* 33 33%+'/*
23% 19 Sperry Corp vtc(al) 13 20% 20 20 + %
34% 28% Spicer Mfg <a3)_ 4 33 32 32 -1
50 45% Spicer pf A (3)_ 90* 48 48 48
28% 22% Spiegel, Inc (1) ...x 46 26 25 25 -%
48% 41% Square D (B) b25c 3 42% 42% 42% + %
16V* 14% Stand Brands(tgOc) 22 14% 14% 14% — V*
128'% 124 Stand Brands pf(7). 40* 127 125% 127 41
14% 8% Stand Gas & El (d) . 3 11 10% 10%-%
32% 25 Stand G&E *4 pf(d) 3 26% 25% 25% - %
72% 60 Stand G&E 17 pf(d) 1 61% 61% 61%-%
4 2% Stand Inv Corp_ 1 3% 3% 3V* — %
50 43% Stand Oil Calif (tl). 34 46% 46% 46V* I V*
60 44% Stand Oil Ind (tl)._ 29 47% 47% 47**4 %
76 67% Stand Oil N J (tl).. 41 71% 70V, 70%-%
48 344 Starrett L S(tl.40)_ 2 41 41 41
75 65 Sterling Prod t3.80. 2 66% 66% 66% — V,
21 17% Stewart-Warn t50c. 3 18% 18 18
IV,i 15% Stokely Bros (tl)_ 1 15% 15% 15%
33% 22% Stone & Web(a25c). 8 26% 25% 25**-%
20 13% Studebaker Corp __ 10 167, 16% 16%
61% 46 Superheater Co (1). 3 49 48% 49 4 %
7% 4% Superior Oil _ 20 6% 6*, 6*, — Vi
47% 37 Superior Steel _ ... 6 41 39% 39% —IV*
397, 32 4 Sutherland P tl.60.. 2 37 37 37
28% 25% Swift & Co (11.20)_ 13 257, 25% 25%
33% 304 Swift Inti Ltd (2).. 2 32% 324 32% 4 Vi
23% 18% Symington ww blOe 7 20 19** 19** — %
17% 14 Symington iw blOc. 2 14% 14% 14%
15% 13 Talcott (J) b30c_ 2 13 13 13 - %
15% 11% Tenn Corp (aloe)... 3 134 134 134 — v*
63V, 50*, Texas Corp (2) _ 115 63% 62% 63% 4 V,
9-% 77, Texas Gulf Pr a5c.. 17 9% 87, 8% - 4
44 384 Texas Gulf Sul (t2) 7 40% 404 40V,
54% 434 Texas & Pac R R 2 484 48 484 41
16% 134 Tex Pac C&O bl0c._ 14 15% 15% 15% - V*
15% 114 Texas P L T (alOc). 6 13V* 13V, 13V, — 4
134 10 Thermoid Co_ 5 10% 104 104 — 4
84 54 Third Avenue_ 1 5% 5% 5%
287, 23 Thomp’n Prod al 4 - 2 24% 247, 24% 4 %
10% 6Vi Thompson Starrett. 2 7V* 7V, 74 — %
40% 29 Thompson Star pf__ 1 284 28V, 284 — 4
21% 18% Tide Wat A O (60c). 25 19% 194 194 —4
284 22 Timken Detroit tl.. 11 23% 23V* 23', — %
79 62 Timken Roller B(3) 6 64% 63% 64% 41%
17% 15% Transamerica t40c. 13 16 15% 157,+ 4
22% 164 Trans Wst Air a25c 2 18', 174 177,— %
27% 19% Transue & W(t60c) 1 22 22 22 — Vi
11% 9 Tri-Conti (aoOc) ... 5 9% 94 9% 4 4
12 84 Truax-Traer(b25c). 4 11% 114 114— %
40% 33% 20th Cent Fox b50c. 11 39*, 394 39V* — y*
50 42% 20th Cent F pf (1 % ). 1 49% 49% 49%—%
174 11% Twin City P, T_ 1 11% 11% 11% _ 4
26% 167, Twin Coach (al.40). 6 23 224 22s, 4 4
67, 37, Ulen & Co _ 3 4 4 4
1004 85% Und-EU-Fisher (3). 4 904 90 90 — 4
914 63 Union Bag & P (2). 4 897, 87% 87% — %
111 97% Union Carb (3.20) 16 100 99% 994 -14
28% 244 Union Oil(Calif)l.20 18 26% 264 26V,- V*
148% 1264 Union Pacific (6) 3 147 1464 147 — Vi
99% 92V* Union Pacific pf(4). 1 93 93 93 — %
314 26% Union Tnk Car 1.60. 3 28% 28 284 — %
354 27% Utd Alrcraft(a50c). 20 294 29 29
24% 17% .Utd Air Lines a20c. 10 19% 18% 18% — %
30V* 25% Utd Biscuit (1.60).. 4 274 274 274 + V*
35 297, Unit-Carr Fast(t2). 2 334 334 334 +4
84 57, Utd Corp (a20c)_ 62 64 6 6', 4- 4
464 414 Utd Corp pf (3)- 6 43% 43% 43%+ %
16 13% Utd Drug (a75c)_ 15 134 13% 13% — 4
25s* 184 Utd Dyewood (1)... 18 25** 24% 25 + %
94 7% United El C ex rts _ 25 74 7% 7% _ i,
1% 14 Unit El C rts May 14 21 IV* 14 1%
63 464 Utd Eng & Fy (t2)_ 2 55 544 55
86% 804 United Fruit (t3)_ 2 84V* 84 84% +1
17 13% Utd Gas Imp (1)_ 19 14 13% 14 +4
16V, 64 Utd Paperboard_ 4 15% 15 15
137 111 U S Gypsum (t2)— 4 1164 115 1164+4
11 u t> norrman ... 3 22% 22% 22% i- %
70 53% U S HofE’an pf (2% ). 1 67% 67% 67%—%
43% 37% U S Indus Alcohol.. 21 39% 38% 39 + 14
15% 614 U S Leather vtc __ 3 11% 11% 11% — %
22% 13V* U S Leather! Alvtc. 3 19% 18% 18% — %
72% 59% U S Pipe & Fdry (3). 6 61% 60% 61 — %
19% 13% U S Realty & Imp... 4 14% 14% 14% — %
72% 44V* U S Rubber 30 164 62% 63% — %
118 92% U S Rubber 1st pf_ 2 101 101 101
105 83V* U S Smelting (b4)_. 4 94% 93' 93 —la,
126% 75 US Steel _ 100 113% 112% 112%-1%
150 139% U S Steel pf (7) _ .. 3 145% 144 145%+%
169 155 U S Tobacco pf (7). 20s 155 155 155
9% 7 Unit Stk Yds (50c). 2 7% 7% 7% _ %
8% 5s* Utd Stores (A) 1 6% 6% 6% — %
4% 2% Util Pw&Lt (A)(d). 6 3% 3 3 -%
2% la* Vadsco Sales Corp2 2 1% 2 + %
58% 48 Vadsco Sales C pf.. 60s 52 51 514 +1
39% 28% Vanadium Corp _ 4 33% 33 33a, + %
44% 39a, Van Raalte(b62%c) 37 43% 42% 43% +1%
12% 7% Va-Car Chemical 82 10% 10 10% - a*
74% 54% Va-Car Chem 6% pf 24 67a, 65 65», -IV*
10% 3% Wabash (d) .. ... 1 8% 8% 8% — y*
18% 9 Wabash pf (A) (d).. 6 15% 14% 14',
19% 15% Waldorf Sys(tl.20). 2 15% 15% 15% - %
33 29 Walgreen Co (2)- 3 31 30% 30%
49% 44»* Walker (H) (2)_ 2 45% 45 45 —1
19% 19% Walker (H) pf (1).. 2 19% 19% 19% — %
18% 11V* Walworth Co _ 5 16'* 16% 16% — %
50% 35% Ward Baking (A)_ 1 37% 37% 37% — a,
10% 6% Ward Baking (B)_ 21 8% 8 8 — %
18 13% Warner Bros Plct.. 15 15% 14% 14% — y,
69% 61 Warner Bros Pic pf. 3 62% 62% 62%+ %
1% % Warner-Qulnlan(d) 2 % % %
12V* 6% Warren Bros (d) .. 10 10% 10% 10%
46 35% Warren Fdy&P(tl) 10 40% 40 40% + %
38% 30V* Waukesha Mot (1). 1 31 31 31 —1
56 46 Wesson O&S (t50c) 2 50% 50% 50%—%
84% 80 Wesson O&S pf (4). 2 82 82 82
102 93 West Penn El A (7) 40s 93% 93 93
100% 90 West Penn El pf(6) 20» 92 92 92 + %
123% 118 West Pa Pwr pf (7) 10s 119% 119% 119% + a,
11% 7% Western Pacific pf. 2 9% 9V* 9V« — %
83% 69 Westn Un Tel (3) ... 12 72% 71 71 -1
57% 46% Westlngh’se A B(l) 13 48% 48% 48%+ %
167% 130% Westingh'se El (bl) 5 137 137 137 -t-a,
37% 36% Weston Elect A) (2) 20s 37', 37', 37', + %
34% 30% Westvaco 5%pf 1% 1 30% 30% 30%- %
65 38 Wheeling Steel ... 4 57% 57 57% - %
110% 103 Wheel Stl pf (bl)... 1 107 107 107
33% 23% White Motor 7 28% 28 28 - %
18% 15% White Rk M S(1.40) 2 16% 16% 16%+%
6% 5% White Sewing Mach 5 6 6 6
6% 4% Wilcox Oil & Gas .. 2 5'* 5% 5% — %
12V. 8% Wilson & Co <50c).. 20 10% 10 10
65% 51'* Woolworth i2 40) 12 53% 52% 52% -1%
47 34% Worthington Pump 6 40% 40 40 — %
112% 81 Worth Pump pf( A) 350s 110 108 110 +%
100 77% Worth Pump pf(B) 2 90% 90% 90%-%
76 68% Wrigley W 1r (+3).. 1 70 70 70 -%
37% 20% Yellow Tr& Coach. 20 31% 30% 31 — %
46% 40 Young Spr&W(t3). 2 42% 42% 42%-%
101% 75% Ygstn S&T (b75c)_ 18 88% 88 88%-%
40% 31 Zenith Radio (bl)— 3 34 32% 34 +1
9% 6% Zonite Products — 6 7 6% 6% — %
Approximate Sales of Stocks on the N. Y. Stock Exchange.
11:00 P.M_ 270,000 12:00 Noon _ 450.000
1:00 P.M__ 580,000 2:00 P.M _ 700.000
Dividend rates as given In the above table art the annual
caah payments based on the latest quarterly or half-yearly dec
larations
i Unit of trading less than 100 sharea. ‘Annual rate—
not including extras. a Paid last year. b Paid this year,
d Companies reported in receivership or being reorganized
x Ex dividend
BITUMINOUS OUTPUT
OFF SHARPLY IN WEEK
The National Coal Association, from
incomplete car loading reports from
the railroads, estimates bituminous
coal production in the United States
for the week ended April 10 as approx
imately 5,850,000 net tons. Production
for the corresponding week: 1936,
7.392.000 tons; 1935, 5,573,000 tons.
The report of the Bureau of Mines
shows production of 11,256,000 tons for
the week ended March 27 and 7,065,000
for the week end April 3, 1937.
Production calendar year to April
10: 1937, *140,189,000 tons; 1936, 120,
550.000 tons.
’Subject to revision.
JAMES TALCOTT SIGNS
SEVEN NEW CONTRACTS
Special Dispatch to The Star.
NEW YORK, April 16.—James
Talcott, Inc., has been appointed
factor for the following: Wail Broth
ers Textiles, Inc., New York City, im
porters of rugs and tapestries; Bern
son Silk Mills, Inc., New York City,
manufacturers of silks; Empire Case
Goods Co., Inc., Jamestown, N. Y.,
manufacturers of furniture; N. A.
Meany Lumber Co., Inc., Summit,
N, J., wholesale lumber dealers; O'Day
Textile Mills, Inc., Fort Plain, N. Y„
manufacturers of knit cloth; Fairy
Bilk Mills, Shillington, Pa., manufac
turers of knit goods, and Manywaah
Laundry Textiles, Inc., Philadelphia,
Pa., manufacturers of laundry textiles.
-•
BELGIAN BONDS CALLED.
NEW YORK, April 15 OP).—J. P.
Morgan & Co. and Guaranty Trust
Co. of New York, sinking fund ad
ministrators, announced today the re
demption June 1 next of $495,500 of
Kingdom of Belgium external loan 7
per cent gold bonds, due in 1955. Of
the total, $365,000 represents bonds
held by the Belgian government, while
the remaining $130,500 have been
drawn by lot for redemption at 107‘£.
The administrators reported $33,500
of the bonds previously called were
•till unredeemed.
STOCKS GO DOWN
FRACTIONS 10 SI
Steels Lead Slow Decline.
Few Specialties Able
to Buck Trend.
Stock Averages
80 1ft 1ft 60
Indust. Rails Util Stks
Net change. —.1 +.1 +.1 Unc.
Today, noon 95.2 46 1 46 4 70.6
Prev. day.. 95.3 46.0 46.3 70.6
Month ago. 96 8 47.5 48.0 72.1
Year ago.. 84.7 37.4 48 6 63 9
1937 high.. 101.6 49.5 54.0 75.3
1937 low... 92 8 37.8 45.7 68.7
1936 high.. 99.3 43.5 53.7 72.8
1936 low... 73.4 30 2 43.4 55.7
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
(ComDlled by the Associated Press.)
By VICTOR EUBANK.
Associated Press Financial Writer.
NEW YORK. April 15.—Steels led a
dribbling decline in today’s stock
market and many of the leaders slipped
fraotions to a point or more.
At the same time a few issues,
mostly specialties, managed to creep
forward into new high ground, but
losers were in the majority at the close
A bit depressing to buying forces was
a sharp break in commodities follow
ing weakness in London. Wheat at
Winnipeg fell the limit of 5 cents a
bushel. Futures of rubber, copper,
cotton and other major staples backed
water.
Most stock traders, brokers said,
found their sidelines seats comfort
able. They were Inclined to do little
either way pending Washington de
velopments, particularly publication
of the President’s budget message to
Congress early next week.
The ticker tape loitered throughout
the session. Volume picked up some
what on the selling side near the fin
ish. Transfers were around 1,000,000
shares.
Business news, especially initial
quarter statement of prominent com
panies, was cheering, although the
suggestion was advanced this may
have been discounted to a considerable
extent.
The General Motors Canadian labor
troubles cast a slight cloud on the
hopeful picture, but automotive issues
were subjected to no unusual pressure.
In the backward column were
United States Steel, Bethlehem, Re
public, Crucible. Chrysler, United
States Rubber, Goodrich, Sears Roe
buck, Woolworth, North American,
Anaconda, Kennecott, American
Smelting, Seaboard Oil, Standard Oil
of New Jersey, Johns-Manville, Amer
ican Can, Du Pont, Allied Chemical,
Santa Fe, New York Central, Southern
Pacific and Baltimore & Ohio.
NEW YORK COTTON
Ej the Associated Press.
NEW YORK, April 15.—Early slight
rallies in cotton today met renewed
liquidation and as other markets eased
commission house and European selling
increased carrying prices into new low
ground for the movement.
July eased 13.73 to 13.48 and in
midafternoon sold at 13.50, when prices
showed net losses of 11 to 18 points.
New Orleans Prices.
NEW ORLEANS. April 15 —Cotton
moved 2 to 5 points higher in quiet open
ing dealings here today.
The advance was more to bring prices
into line with the higher Liverpool quota
tions than any new domestic development
Tne English market opened ti to 10 points
higher under active Bombay buving and a
good trade demand induced by a bullish
American crop report
At New Orleans May opened at 13.74,
July at 13.67. October at 13.24 and De
cember at 13.26. Before the end of the
first half hour prices had eased a couple
of points.
Aside from scattered showers in South
ern Texas the weather map showed no
rains in the cotton belt. Temperatures
were better.
Cottonseed oil futures opened steady.
May. 9.0t>: July, 1 o.<»7b September. HU>9b;
October. 9.89b. b—Bid.
U. S. OFFICIALS OPEN
BIDS ON LAST OF HIDES
By the Associated Press.
Federal officials said today the Gov
ernment probably would get out of the
hide business within the month.
The Federal Surplus Commodities
Corp. opened today bids on the final
lot of more than 2,000,000 hides and
skins acquired by the Government
through emergency livestock purchases
after the 1934 drought.
A spokesman for the commodities
corporation said the Government ex
pected to gross about $7,000,000 from
sale of the hides, but that warehouse
and other handling costs could not be
estimated accurately now.
JOINS D. & R. G. BOARD
NEW YORK, April 15 UP).—Darwin
S. Barrett. jr„ of Cleveland, described
as an associate of the late Van Swer
ingen brothers, has been elected a di
rector of the Denver & Rio Grande
Western Railroad, it was announced
today.
-•
BREAD PRICE BOOSTED
MEMPHIS, Term., April 15 </P).—
The price of bread, for the last three
months ranging between 7 Vi and 10
cents a loaf, jumped to a 10-to-12-cent
range in Memphis today. Bakers said
sharp increases in the cost of flour
necessitated hiking the price scale.
-•
U. S, TREASURY NOTES.
(Reported by Chas. D Barney & Co.)
Rate. Maturity. Bid. Offer.
3>/4s Sept 15 37— 101 8-32 l-Ol 10-32
25is Feb 1 ’38_ 101 20-32 101 22-32
3s Mar 15 38 ___ 102 10-32 102 12-32
2’gS June 15 '38_ 102 14-32 102 18-32
21^s Sept 15 '38- 102 0-32 102 11-33
l’.as Mar 15 '39— _ 100 21-32 100 23-32
2Vgs June 15 '39_ 101 25-32 101 27-32
1 xgs Dec 15 .39 _ 100 0-32 100 8-32
l5»s Mar 15 '40— 100 14-32 100 16-32
l'/is June 15 '40 __ 99 30-32 100
1 VaS Dec 15 '40__ 99 22-32 99 24-32
I'is Mar 15 41 _ 99 16-32 99 18-32
lf/gs June 15 '41 —_ 9831-32 99 1-32
l'/4s Dec 15 '41 98 2-33 98 10-32
INVESTOR
Can show you 35% net return on
$18,500 equity in 15-unit apartment
house, just off 16th Street. Statement
on request. Call, write, or see
Stanton T. Kolb
J. LEO KOLB, INC.
1237 Wisconsin Are. West 0003
BANK EARNINGS
IMPROVE
Recent statements war
rant immediate attention to
BANK STOCKS
Selling at low prices and
offering unusually favor
able dividend returns.
Recommendations on Request
G. J. CRAMER St CO.
IlmsTMINT SKUimS
70 Wall Street, New York, N. Y.

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Evening star. [volume], April 15, 1937, Page A-20, Image 20
About Evening star. [volume] (Washington, D.C.) 1854-1972