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CROWLEY TO TALK AT BANK SESSION F. D. I. C. Chief to Address Virginia and West Vir ginia Groups. BY EDWARD C. STONE. Leo T. Crowley, chairman of the Federal Deposit Insurance Corp., will address the Virginia Bankers' Associa tion and the West Virginia Rankers’ Asso ciation at White Sulphur Springs on June 26. when approx imately 800 members of the two groups are expected to meet in joint ronvention. start ing on Thursday of that week, it w a s announced here today. He will be one of several nationally , , I.co T. Crowley. known speakers, known speakers, his subject being ’/Banking Problems." The convention delegates wall be welcomed by Gov. Homer A. Holt of West Virginia, with a response by Gov. George C. Peery of Virginia. E. C Oley. president of the West Vir ginia association, will preside at the opening session and Philip A. Benson, second vice president of the American Bankers' Association, will speak on the "Human Side of Banking." Milton R. Morgan, president of the Virginia group, will preside at the sec ond day's session, which is to be in the nature of a customer relations clinic. Addresses will be made by A. G Brown, president of the Ohio Citizens' Trust Co.. Toledo, on "Loans," and by William R. Biggs, vice president of the Bank of New York & Trust Co.. New York, on "Bond Investments in a Changing World." me program lor the third day. Sat urday, calls for an address on "Profit able Bank Management Policies,” by E. S. Woosley, vice president of the First National Bank of Louisville. O’Donnell Hangs Vp Record. Charles W. O'Donnell, general agent, Minnesota Mutual Life Insurance Co., was recently made membership co .y,..,„.v.y- ordinator for the C. W. O'Donnell. district ot Co lumbia Life Un derwriters’ As sociation. An in tensive drive for increased mem bership was in augurated at a meeting m Thursday. May 13, resulting in an Increase of 110 paid mem bers for the as sociation in four days. Thus brings ine present mem bership of the association up to 324 —-an all-time high. Mr. O'Donnell is a member of the Board of Directors of the Under writers’ Association, member of the Safety Committee of the National Association of Life Underwriters and a former treasurer of the District of Columbia Life Underwriters' Associa tion. Low Mortgage Rates Forecast. Mortgage interest rates, regardless of the general money trend, are likely to continue low with the average rate for the country as a whole for the remainder of the year approxi mately 5.19 per cent, according to a survey by the Mortgage Bankers' Association, made from data supplied by its members in 41 States and an nounced today by George H. Patter son, secretary. Average mortgage in terest rate for the Eastern States will be 5 per cent, and for the South ern States, 5.33 per cent. That very little change either up or down can be expected in this rate of slightly more than 5 per cent is seen from the fact that 90 per cent of the membership replying stated that they do not believe a lower rate can be expected, while 93 per cent expressed the opinion that they do not look for higher rates, according to Mr. Patterson. Of the 17 per cent who foresee higher rates, none expect a rise of more than one-half of 1 per cent, he said. "Results of the survey indicate mortgage money will continue in plentiful supply, thus providing one of the most important reasons for a continuation of the increase in building, particularly in residential construction." Mr. Patterson said. Adams Lauds Economy Signs. Growing evidence that the House of Representatives appreciates the im portance of its responsibilities as the initiating body in Federal spending and “is now looking for opportunities to reduce the burdens of Government, Is one of the most refreshing signs of the times,” Orval W. Adams, first vice president, American Bankers' As sociation, said at Atlantic City last night in an address before the New Jersey Bankers’ Association. Mr. Adams discussed the relation ships between a reduction in Federal activities. Government expenditures, borrowing and economics, balancing of the budget and the restoration of local self-government in the States. (. “With the purse strings held tight, with Government activities confined to pursuits and undertakings not in competition with private enterprise, with encouragement given to regulated competition in business, with private pay rolls enlarging and unemployment diminishing, the Federal Government will, as a matter of course, make fewer demands upon the resources of the people." These developments would mean a rapid approach to a balanced budget, he said, and “the cessation of the in flation of credit through Government borrowing. When that is achieved, fear of violent fluctuations in money values will automatically take flight. That is' the essence, the purpose and the re *ult of a balanced budget.” Woman Speaks on Insurance. The necessity for a planned life In surance program in every family which takes care first of the most urgent demands that can be anticipated was urged in an address by Mrs. Helen H. Schaefer of this city before the Soroptimist Club of Montgomery County. Mrs. Schaefer’s speech was part of the local program for Life In surance week, being observed currently throughout the Nation. Mrs. Schaefer said that the program ihould be designed so as to meet the greatest hazards of life—the danger cf dying too soon and leaving helpless dependents to shift for themselves and the danger of living too long and being confronted by penniless old age by having outlived personal earning power. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Br Private Wire Direct te The Star. All New York markets are new an daylight earing time. Prev. 10»7 Stock and Saltt— Net High. Low. Dividend Beta. Add 00. High. Low. Clote. chge. 22** 15 Adams Express b30t 1 1714 17Vh 1714+ 14 28S 2414 Adams Millis <bl)_. 1 25 26 26 + ** 36 291* Addressog’ph b60c„ 1 3114 311* 311* + 1* 8014 674 Air Reduction (tl)_ 4 7114 70*4 7114 +11* 5'-* 2** Air-Way Elsctrlo_ 2 21* 21* 21* + 1* 16*t 11*4 Alaska Jun It60c)_. 1 1214 1214 121* 6*» 3'4 Alleghany Corp__„ 10 3** 314 31* + 14 59** 4314 Alleg pf ww $30_ 3 4814 481* 4814 + V, 52'* 381« Alleg Corp pr pf__ 4 401* 40 401* +11* 45*4 33 Alleg Steel (b80c)._ 3 36 361* 36 + y« 25814218 Allied Chem (6)__ 3 232 281 232 +1»* 331* 241* Allied Mills (b2)_ 1 27 27 27 + 14 21'h 15 Allied Stores (b20e) 9 1614 1614 1614 8314 68!4 Allls-Chaim (b60o>. 40 63 6214 63 39** 274 Alpha Port Crot (1). 1 28H 2814 2814 + 14 87» 4*» Amal Leather__ 2 64 514 514+1* 114"* 90 Amerada Corp (2).. 3 9814 »8 981*+ ** 41** 211* Am Bank Note (tl). 8 22** 221* 2214 7514 69 Am Bk Note pf <3)_. 20* 62 62 de -144 80** 574 Am Brake Sh <t2)__ 3 6314 6314 6314 121 9514 Am Can (t4)_ 8 9914 99 9914 +1 174 15214 Am Can pf (7)_ 1 155 156 155 71 604 Am Car* Fy (b25c) 1 6614 6614 6514 104'i 87 Am Car & Fy pf(bt) 1 91 91 91 +1 9914 72 Am Chain * Ca bl__ 2 92*4 9214 92** +1*. 105'* 98 Am Chicle (t4)_ 1 10414 1044 1041a +114 Am (Jolortype _ 1 17 17 17 30% 22%, Am Cornel A1 al0o._ 1 24% 24% 24% + V. 13% 8% Am Encaustic ... 1 9% 9% 9% + % 13% 7vt Am ft Foreign Pwr_ 4 8% 8 8% + Vi 68% 45 Am A For Pw JT pf. 1 46% 46% 46% +1% 38% 18% Am & For Pw Id pf. 2 22 22 22 + % 11% 6% Am Hide ft Leather. 2 8% 8 8 62% 42 Am Home Prod 2.40. 2 43% 43% 43% + Vi 17% 13% Am Interntl (a40c). 1 14% 14% 14% + % 125 107 Am Loco pf (a3)_ 1 109% 109% 109% + % 29% 20% Am Mach ft F (tl).. 7 11% 21% 21% 68% 45% Am Metals (b25c).. 4 50% 50 50%+ % 75 62 Am News <N Y) (I) 60* 64 64 64 16% 8% Am Power ft Light.. 14 9% 9 9% + % 72% 43% Am Pw ft Lt pf (S)_ 11 48% 47% 48% +1% 87% 53 Am Pw ft Lt pf (•)_ 6 69% 57 59% +2% 29% 20% Am Radiator t60c._ 10 22% 22 22%+ % 45% 31% Am Roll Mill tl.20.. 35 36% 35% 36%+% 36 28 Am Safty Ra* (t2)_ l 29% 29% 29% +1% 29 22% Am Seating (a2%)_. 6 25 24% 25 +1 58 41 Am Shlpbldg (2)... 10* 48 48 48 + % 105% 79% Am Smelt ft Ref(I). 16 88 86% 88 +1% lo4 138% Am Sm ft Ref pf(7). 2 142% 142% 142% + % 73% 48% Am Steel Fdry (bl). 24 66% 55 56%+ % 115 109% Am Steel F pf (7)_ 10» 111JJ 111H 111« 25% HI1., Am Sum Tob (tl)_ 12 25% 25% 25%+ % 187 160% Am Tel ft Tel (9)_ 3 167% 167% 167% 99 74% Am Tobacco (6)_ 8 78% 77% 78% 4 1% 99% 74% Am Tobacco B (5).. 3 80 79% 80 +2 150% 128% Am Tobacco pf (C).. 1 133 133 133 +1 20% 13% Am Type Founders. 7 15 14% 15 + % 29% 16% Am Water W (80c). 22 18% 17% 18 + % 14% 8% Am Woolen_ 4 9% 9% 9% 79 69% Am Woolen pf (b2). 2 64% 64% 64%+ Vi 20 6% Am Zinc ft Lead . 9 13% 13V* 13% — % 79% 44% Am Zinc&L pr pf(5) 1 58% 58% 68%+ % 69% 47% Anaconda Cop (tl). 82 54% 53 54% +1 10% 5% A P W Paper__ 2 8 8 8 121% 116% Archer-D-M pf(7)_80s 117 117 117 111 107% Armour(Del)pf(7). 1 109 109 109 + % 13% 7 Armour of Ill(bS5c) 97 12 11% 11% + % 99% 81% Armour(Ill)pr pf 6. 2 89 88% 89 -rl 70% 57% Armstrong Cork(I) 5 63% 62% 63% 1% 24% 15% Assoc Dry Goode .. 8 17% 16% 17% -t- % 106 94 Assoc Inv pf ww(5). 10» 94 94 94 94% 69% Atch T ft S re(a2).. 15 87% 87% 87%+% 55% 44% Atl Coast Llne(Sl). 2 49 48% 49 +• % 29 19% Atl Gulf ft Wat Ind. 2 20 20 20 37 28 Atl Refining (tl)_ 9 29% 29V* 29%+ % 18% 15% Atlas Corp (80c) 4 15% 15% 15% 94 70 Atlas Powder bl%_. 1 72 72 72 -i 2 36% 21% Auburn Auto .. ... 1 24 24 24 — % 52% 32 Austin Nidi pf (tl)- 20« 35 35 35 -rl 9V* 5% Aviation Corn Del_ 3 6% 6% 6% 11% 6% Baldwin Loco <d)_ 13 6% 6% 6% + % 9% 5% Baldwin asd (d)_... 12 6% 6 6 -r % 40% 20% Baltimore & Ohio... 40 33% 32% 32% -f- % 47% 33% Baltimore & Oh pf.. 1 38 38 38 110% 100% Bangor & A pf (5).. 30* 102 102 102 +1 43% 29% Barber Co (b25c)_ 6 32% 31% 31% + % 32 24% Barker Bros_ 2 26 25% 25% -t- % 35% 24% Barnsdall (1)_ 13 27% 27% 27% -r % 112 105 Beech-Nut Pkg(t4) 1 109% 109% 109% + % 30% 19% Bendix Aviat’n b50c 16 21% 20% 21% +1 105% 73 Bethlehem SteeKbl 33 86% 84% 86% +2% 20 18% Beth 6% pf (1)_ 1 18% 18% 18% 129% 115% Bethlehem pf (7). 1 117 117 117 69% 51% Bigelow-Sanf’d bl% 2 56 56 66 +2 29% 22 Blaw Knox <b20c)_. 5 24% 23% 24% -*■ % 49% 31% Boeing Airplane_ 12 35% 34% 35% -t-1% 28 24% Borden Co (1.60)_ 9 24% 24% 24%+ % 45% 38% Borg-Warner- 20 45% 44% 45%+ % 15s* 8% Boston & Maine__ 1 13V* 13V* 13% + % 23% 15 Bridgept Brss(60o_. 9 16% 16% 16% 59% 4H* Briggs Mfg r + 2)_ 5 43% 42% 43 + % 53 25% Bklyn-Man Tr (4).. 14 29% 28% 29% -rl% I 102% 76 Bklyn-Man T pf( 6). 2 80 80 80 38% 17% Bklyn & Queen T pf. 3 18% 18% 18% +1% 52% 31 Bklyn Un Gasil.60) 1 32% 32% 32% + % 24% 17% Brunswlck-Balke... 4 21 20 21 —2% 25% 15% Bucyrus-Erie__ 7 17% 17 17% •+- % 14% 8% Budd (EG) Mfg_ 21 9% 9% 9% + V* 98 71 Budd (EG) pf_ 1 75 75 75 +4 13 8 Budd Wheel(a20c)_. 6 9% 9% 9% 45% 31 Bullard Co (b50c)_.. 2 34% 34% 34%+ Vi 65V* 50% Bulova Watch (»4)_ 1 55 55 55 35% 25% Burr Add M (80c)._. 4 27 27 27 + % 11% 7 Bush Terminal_ 2 7% 7% 7% 18% 13% Butler Bros (60c).. 3 14% 14% 14% 36V* 28% Butler pf (1%)- 2 30V* 30 30%+ V, 9% 4% Butte Cop & Z(a5c). 8 5% 5% 5% + V* 33% 20% Byers IA M)_ 4 23 22% 23 -r % 91 69% Byers (A M) pf_ 10* 70 70 70 34% 27 Bvron Jackson (tl) 2 294* 29% 29% +1% 48V* 37 Calif Packing (1%) 1, 39% 39% 39% -t- % 6% 2% Callahan Zinc-Lead 16 3% 3% 3% + % 20% 12 Oalumet&Hec b75c_. 20 15% 15% 15% -r % 37% 26 Campbell Wy (tl).. 3 28% 28% 28% + % 38V* 25% Canada Dry G Ale_ 7 28% 28% 28% + V* 17% 12v* Canadian Pacific .. 9 13 12% 12% 9% 7 Carriers & Gen b 5c. 4 8% 8% 8% + % 100 85%. Caterpillar Tr (t2). 6 90% 90% 90%+ % 41% 26% Celanese (b75c) .. 71 39% 38% 39 - % 48V* 36% Celotex Corp (b40c) 1 42% 42% 42% 82% 73% Celotex Corp pf(5). 30* 78 77% 78 + V* 39V* 31 Cent Aguire (tl%)- 1 33 33 33 +1% 12% 7% Central Foundry_ 6 8% 8 8% + % 86% 60 Cerro de Pasco (4).. 13 68 66% 68 +2% 23% 14% Certain-teed Prd_ 11 17 16 17 + % 82 60% Certain-teed pf (6). 10* 64 64 64 -1 111 108 Champion P pf (6).. 10* 108 108 108 — % 90% 77% Chesapeake Crp(3). 1 80 80 80 68% 54% Ches & Ohio t2.80... 35 58% 58 58%+% 100 91 Ches & Oh pf A (4). 1 97Vi 97% 97% + % 13% 6% Chi & Est 111 pf (d)_ 1 10 10 10 + % 4 2% Chi Grt West (d)... 1 2% 2% 2% — % 3'* 2 Chi Mil St P&P (d). 3 2% 2% 2% + % 7V* 4% Chi M St P&P pf(d). 2 5% 5% 5% + V* 6% 3% Chi & N W (d)_ 3 4% 4% 4V* 33 21 Chi Pneumatic Tool 2 26 25% 25% — % 8% 5V» Chi Kl&P 6% pf(d). 1 6% 5% 5% + % 10% 6% Chi RI&P 1% pf (d). 1 7% 7% 7% + % 136% 106% Chrysler Corp bJ%. 37 113% 113 113% +1% 21% 18% City Ice & Fuel (2). 3 19% 19% 19% 92 83% City Ice & F pf«%. 50* 84% 84% 84%+% 10% 7 City Stores _ 1 7% 7% 7% + % 103% 98 Clev C C & StL pf (5) 50* 100% 100% 100% +2% 113 105 Clev El Illu pf 4%_110* 107% 107% 107% 44% 35 Clev Graph Br (2).. 7 42 41% 42 + % 130% 126 Cluett Peab pf (7).. 10* 130% 130% 130% +1% 170% 122% Coca-Cola (t2). 1 155 155 155 +1 26% 19% Colgate-P-F( t50c) - 6 21% 21V* 21% — % 62% 61% Collins A Alkn (t2). 1 54% 54% 64%+ % 20% 11% Columb G & El(40c) 26 12% 12 12%+ % 108 93 ColG&Epf A (6).. 2 89 87% 87% -5 V* 39% 31 Columb Plo vto (tl) 3 34% 34 34 — % 125% 111 Col Carb vto <t4)_ 1117 117 117 +2 69V* 56% Cornel Credit <t4)__ 2 62% 62'% 62% 80% 63% Cornel Inv T (t4)_ 2 67% 67 67% +1% 21V* 13% Cornel Solv (t60c)__ • 9 14% 14 14%+ % 4% 2 Comw A Southern.. 20 2% 2% 2% + % 75% 47% Comw & Sou pf(3).. 6 52 61 62 +1 45% 36% Congoleum-Nrni2)_ 1 37% 37% 37% 49% 34 Cons Edls N Y(t2)_ 21 36% 36 36% +1% 108 103 Cons Ed N Y pf (6)_. 2 103 103 103 — % 18% 12% Cons Film pf («2)._ 1 13 13 13 + % 13% 9V* Cons Laundries_ 1 10% 10% 10%+ % 17% 14% Cona Oil (80c)_ 17 16 15% 16% — % 1% % Cons Textile (d)_ 4 % % % 13% 8% Cons Coal (Del) vtC- 6 11% 11% 11%+ % 52% 33 Cons Coal Del vto pf 190» 48 46% 48 + % 37% 20% Container Corp 1.20. 7 31% 31V* 31% — % 37% 21% Conti Baiting (A)._ 2 24% 24 24'%+% 5V* 2% Conti Batting (B)_ 4 3% 3 3% + % 69% 60% Conti Can <*)_ 3 56% 65% 66%+ % 25% 19% Conti Diamond (2). 3 20V* 20 20V* + Vi 42% 35% Conti lnsur <tl.60). 30 37% 37 37%+ % 3 2 Conti Motors- 8 2% 2% 2% 47% 39% Conti Oil Del (tl)— 11 43% 43% 43% + % 35% 26% Conti Steel (1)- 1 30%'~ 30% 30% +1% 77 62% Com Ex Bank (2).. 60» 64% 64%' 64% - V* 7Hi 54% Corn Prod Ref(tl)_ 19 67% 56% 67 + % 171% 153 Corn Prod R pf (7). 1 165 155 155 10% 6 Coty Inc- 1 7% 7% 7% + % 56% 42% Crane Co_ 4 46 46% 46 121 113% Crane Co pf (7)- 1 117% 117% 117% +1% 28% 18% Crosley Radioal%_ 7 22% 22 22% +1% 56% 47% Cm CAS pf »» 2%. 2 46 46 46 —1% 47V* 40 Cm CAS pf xw 2%.. 2 41 41 41 + V* 25% 17 Crown Zellerb- 17 20% 20% 20%+ V* 108% 99 Crown Stoll cu pf(5). 3 100% 100V* 100% + % 81% 51 Crucible Steel _ 4 61 60% 61 +1 14% 8% Cuban-Am Sugar 6 9% 9V* 9Vi + % 127 110 Cuban Am S pf b2% 20* 120 120 120 +7% 20% 12 Curtis Publishing.. 3 12% 12% 12% 109% 87% Curtis Pub pf (7)_ 1 89% 89% 89% 8% 5% Curtlss-Wrlght_ 29 6 6% 6 + % 23% 16% Curtiss- W (A)a50e. 9 19 18% 19 + % 109 100 Dayton PAL pf4%. 10* 102% 102% 102% - % 137% 104% Deere A Co .. ... 3 134 133 134 +1 31% 26% Deere A Co pf 1.40.. 3 26% 26% 26%-% 29 19% Delsel-Wem-G( tl)_ 1 20% 20% 20%—% 58% 41% Delaware A Hudson 1 45% 45% 45%—% 24% 17% Del Lack A Weat 7 19%, 19% 19%+% 10% 6% Den ARG W pf(d). 1 6% 6% 6% + % 40% 34% Diamond Mpf(tlH) 1 35 35 35 + % 29 20% Distil Corp Seag 3 22 21% 21% 46% 36% Doebler Die Cast(2) 1 39 39 39 +% 51 38% Dome Mines it2)_ 7 40% 40 40%-% 77% 47% Douglas Aircraft . 24 55% 53% 55% +5 180% 148% Du Pont deN(b2%>. 3 157% 157 157%-% 135% 131% DuPont deN deb(6). 1 132% 132% 132% 17 10% Eastern Roll Mills.. 2 12 12 12 + % 175% 151 Eastman Kodak (8). 2 164 164 164 Prer. 1037 Stock and Sales— Net High. Low. Dividend Rata. Add 00. High. Low. Close, ehge. 163 160 Eastman Kod pf(6). 10a 160 160 160 -1 37% 31% Eaton Mfg (2)_ 3 34% 34% 34%+ % 16 11% Eltlngton-Schlld___ 3 12% 11% 12 — % 29 21% El Paso Nat O 1.60_. 1 24% 24% 24% 46% 34% Eleo Auto Lt t2.40„ 6 38% 38% 38% + % 16 9% Elec BoaMa60c)_ 11 10% 9% 10 7% 4% EleciMus 1 (aide). 3 6% 5% 6% 26% 16% Eleo Pow & Light_ 16 17% 17% 17% + % 87 69 Eleo Pw & Lt $6 pf_. 2 63% 62 63% +3% 2 1% Elk Horn Coal (d)_ 4 1% 1% 1% — % S 4% Elk Horn Cl pf <d)_ 1 4% 4% 4% — % 17% 8% Eng Public Serv_ 1 9% 9% 9% + % 23% 13% Erie RR _ 1 18% 18% 18% 28% 19% Erie R R 2d pf- 2 20% 20 20% + % 14% 10 Eureka Vao (80c)_ 1 10% 10% 10% + % 5% 3Vi Fairbanks Co- 30* 3% 3% 3% + Vi 28 20% Fairbanks Co pf_ 170* 27 25% 27 +2 71% 49% Falrb’ks-Morse (tl) 1 64% 54% 64 Vi + Vi 70 53% Fajardo Sugar (b2). 4 64% 68% 64 29% 19% Federal Lt&Trac._ 1 20 20 20 + % 150 66% Fed Min & Smelter.. 1 127 127 127 +3 11% 5% Fed Screw Works_ 10 7% 7% 7% + Vi 6 3% Fed Water Svo A _ 1 *% 3% 3% 45% 36 Fidel Phoenix tl.«0. 26 38 38 38 + % 41% 32% Firestone T&R (2). 2 34 33% 34 +% 52% 41% First Natl Strs t2% 1 42% 42% 42% 46% 29% Flintkote Co (11_ 7 82% 31% 31% — Vi 64% 38% Foster-Wheeler_- 2 44 43% 44 +1 32% 24% Freeport Sulpb (1)_ 4 27% 27 27% + % 73 47% Fuller Co pr pf_ 70« 49% 47 49% +1% 48% 26 Fuller Co 2d pf_160* 34 31% 34 +2% 7% 4% Gabriel Co (A) _ 3 5% 6% 5% + % 19% 12V* Gar Wood Ind a56c_ 3 13V* 13% 13% + Vi 86% 65% Gen Am Trans <a3)_ 2 70% 70% 70% + % 19% 12% Gen Bakin* <t60e)„ 2 13 13 13 + Vi 14 8Vi Gen Bronze_ 1 8% 8% 8% 32% 22 Gen Cable_ 1 23% 23% 23% + % 64% 49% Gen Electrio (b40c). 42 65 64% 55 + % 44% 36 Gen Foods (2)_ 2 39 39 39 — Vi 3% 1% Gen Gas & Elec(A). 25 1% 1% 1% + % 64% 60 Gen G&E 6% cv pfA 10* 50 60 50 65% 60 Gen Mills (3) . ._ 1 62% 62% 62%-% 70% 54% Gen Motors (bl 74 )_101 57% 56% 57% +1% 122% 114% Gen Motors pf(5> .. 1 117% 117% 117% - % 60% 44 Gen Outdoor Adv A. 1 44 44 44 -11% 65% 41% Gen Ry Signal (1)_ 2 46 46 46 +2 6% 3 Gen Realty fk Util __ 6 3% 3% 3% 48% 34 Gen Realty & U pf .. 2 36 36 36 + % 70% 57 Gen Refract (a3 %). 4 64 63 63 i-2 20% 15 Gillette S Ra* <tl)_ 9 15% 15% 15% 29% 20% Glmbel Bros _ 4 21V* 21% 21%+ % 61% 41 Glidden Co (2)_ 4 45% 45V, 45%+'/* 6% 4% Gobel (Adolf)-. 6 5% 5% 6% + % 8% 5% Goebel Rrew(t20e). 2 6% 6% 6% + % 50% 31 Goodrich(BF) bE0c_ 20 44V, 43 44V* -t 1% 87% 79% Goodrich pf (5) .. 2 80 80 80 - % 47% 27% Goodyear T & R bl_. 60 39% 38% 39% +1 13', 7% Gotham Silk Hose_ 3 9 8% 9 + Vi 4% 3 Graham-Palge_ 72 4% 4% 4% — % 15 6% Granby Cons_ 7 10 9% 9% — % 5% 3% Grand Union ctfs . 2 3V* 3% 3% + % 27% 19% Grand Union pf bl% 1 19% 19% 19% — % 48% 33 Granite City StKlj. 3 37% 37% 37%+ % 56% 40% Grt Northern pf 32 66% 66 66% + % 28% 19 Grt Northn Ore (1). 6 23% 23% 23%+ % 42% 34% Grt West Sug t2.40. 3 35% 35% 35% + % 145% 135 Grt Wst Sug pf(7)_. 100» 136 135% 135% -2% 39% 29% Green H L (11.60)_. 1 31 31 31 + % 16% 12% Greyhound 4180e)_ 8 14 13% 14 + % 4% 8% Guantanamo Sug._ 1 2% 2% 2% — % 59% 47 Gulf Mobile & N pf. 1 50% 50% 50%+ % 20% 13% Hall W F Print .... 3 16% 16 16%+ % 31 25% Hamilton W (b65c). 1 26% 26% 26% 108 104V, Hamilton W pf (6). 10* 105V* 105% 105V* - «•» 8 4 Hayes Body.. _ 4 5 4% 4% + % 15% 11% Hecker Prod (60c).. 2 12% 12% 12% 135% 126 Hercules Pdr pf(6). 30* 125 125 125 -1% 111 102% Hershey Ch pf(t4). 2 107 107 107 -1% 431 336 Homestake (tl2)... 100* 385 380 385 27% 20'* Houd-Her B (tlVi). 4 22 21% 22 17% 12% Houston Oil vtc_ 95 16V* 15% 16 + % 90% 62% Howe Sound < + 3)_ 3 77% 76% 77% + % 23% 15% Hudson Motor 8 16% 16V* 16% *- % 4 3 Hupp Motor_ 4 3% 3 3 — % 38 22% Illinois Central 6 30% 30% 30% + % 67% 46 Illinois Cent pf A_ 3 47 47 47 —1 47% 36Vi Indus Rayon (2)_ 5 40 40 40 131V* 97 Inland Steel (t4)_ 5 100% 100% 100V* + % til ft Inland St rts June 4 278 Vi ft ', + ft 33V* 17% Inspiration Cop 33 22% 21% 22% +1% 13% 6% Inter Rap Tr vtc(d) 2 7% 7% 7% — % 28% 16% Interlake Iron _ 19 19% 19% 19% + % 9% ft Inti Agricultural ._ 2 6% 6% 6% + % 189 151% Inti Bus Mach(t«).. 2 152 151 151 -2 1114 99% Inti Harvester(274) 18 109% 109 1094 + % 162 144% Inti Harvpf (7)_ 2 146% 146% 146% - % 16% 8% Inti Hydro El A_ 5 11% 11% 11% 15% 64 Inti Mercantile M.™ 2 10% 10 10 18% 10 Inti Mining (b.lOc). 4 12% 12% 12% 4- % 73% 55% Inti Nickel (bl)_ 34 617, 61% 614 + % 24% 164 Inti Paper (A)_ 3 18 17% 18 + % 18 10% Inti Paper (B)_ 3 12% 12% 12*. + % 9% 5% Inti Paper (C)_ 5 6% 6% 64 + % 121% 90% Inti Paper pf_ 2 103% 103'.. 103% + % 52 31% Inti Silver __ 1 38 38 38 110 90 Int Silver pf (b4)... 10* 93% 93% 93% — % 15% 9% Inti Tel & Tel __ 61 114 10% 114+% 36% 20% Interstat DpStb2% 2 22% 22 22% + % 14 1 Inter D S rts June 8 16 1% 14 14 264 174 Intrtype Corp b30c . 1 18 18 18 —1 136 1204 Jon&L7% pf(bl \) 70* 123 1224 123 +1 29 20 Kans City South_ 2 22 22 22 —1% 27% 20% Kayser J & Co (2)._ 2 21 2i 21 + % 23% 16% Kelsey-H A (alV*)_. 2 17% 17 17%+ % 194 12% Kelsey-H B (alt*)- 3 12% 124 124 69% 51 Kennecott Cop bl %_ 67 58% 66s, 684 +1% 204 15% Keystone S&W b30o 4 17 167* 17 + % 46% 384 Kimberly Clarkd). 1 42% 42% 42%+ % 71 47% Kinney pf (a 1 ) 10* 61 61 61+4 29% 22% Kresge (S S) b60c . 3 22% 224 224 +% 24V* 19% Kroger Groo < 11 60) 9 20 19% 19% + 4 27% 167* Laelede Gas (St L). 20* 19% 19 19% +3% 417* 25 Laclede Gas pf_ 30 * 297* 28 29% +4% 24 184 Lambert Co (2)_ 1 20 20 20 27% 17 Lee Rubber (60c)... 3 244 24 24% + % 3s. 1% Lehigh Valley Coal. 5 1% 1% 1% 24% 17 Lehigh Valley R R_. 2 19 18% 19 137 117% Lehman Corp (t3)_. 1 119 119 119 — 4 79 614 Libbey-Ow-F b75c-. 7 69% 684 69%+ % 15% 9% Libby McN & L(al). 3 127* 12% 12% + % 113% 93 Ligg A Myers (t4)_. 1 97 97 97 +2 114 94% Ligg & Myers B t4_. 8 99 96% 99 +3 234 21% Lily Tulip (tl%)_ 3 22% 227. 22% 834 59 Lima Locomotive.™ 4 67% 66% 67% +1% 61 514 Link Belt (t2) 2 544 544 544 + % 53% 43% Liquid Carb (2.60)™ 3 517* 51 51%+% 844 647* Loew's Ino (t2)_ 9 80% 794 79% — % 37* 27* Loft Ino _ 1 24 24 24 + % 75% 60% Lone Star Com (3) ... 12 57 55*. 56% + 4 10% 64 Long-Bell Lumb(A) 1 7% 7% 7% 28% 217* Lorillard P (tl.20) 3 22 22 22 28% 19% Louis G&E A b37 7*c 2 217* 214 214 + 4 41% 29% Ludlum Steel (tl)_. 2 324 324 324 +1 2474 14% McCrory Stores _ 3 157* 15 154 + % 106% 86 McCrory Strs pf(6). 1 87 87 87 +1 424 32% McIntyre Porou(2). 3 34% 34% 34% — V* 424 31% McKeesp’t Tin Plate 5 37% 37 37 167* 12% McKesson A Rob _. 3 137* 13% 137*+ % 19 12% McLellan Strs b75o. 3 127* 12% 127*+ 4 62% 42% Mack Trucks (tl)__ 3 47 464 47 687* 44% Macy (R H) (t2)._. 5 464 46 46 — % I64 84 Man El md gtd (d)„ 2 87* 87* 8% + % 6% 3% Maracaibo Oil Exp.. 2 4% 4 4 — % 14% 10% Marine Mid (t«0c).. 3 10% 10% 10% 34 1% Market St Ky__ 110* 2 2 2 39 24% Market St Ry pr pf. 10* 27% 27% 277* — % 3074 187* Marshall Field_ 4 254 25 254 + % 29% 234 Martin (Glenn)_ 6 25% 25 25% + % 137* 7 Martin-Parry.. 3 8% 8% 8% + % 111 106% Maytag 1st pf <6)._ 30* 106 106 106 -4 16% 11% Mengel Co __ 1 12% 12% 12% 267* 14% Miami Copper _ 26 18% 17% 18 +4 35% 27% Mid-Cont Pet (b50c) 8 29% 29 29%+% 484 34% Midld Stl Prod(T2)_ 5 40 38 40 +2 120 96 Minn-Hon Roe (2).. 3 106 105% 106 +3 16% 11 Minn Moline Pow .. 6 13% 13 13% + % 101 88% Minn Moline Pw pf. 1 99% 99% 99% +1% 6% 4% M St P&S S M Is in. 70* 3% 3% 3% - % 34 25% Mission Corp (bl) __ l 27% 27% 27% + % 9% 67* Mo Kans & Texas _. 1 77a 77a 7!a — % 34% 24% Mo Kans & Tex of A 3 28 28 28 + 7i 127* 7 Mo Pacific pf (d)... 8 9 8% 9 407* 28 Mohawk Carp(l.20) 3 34 34 34 101 85 Monsanto Ch b75c_ 7 914 91% 914 69 48 Montg Ward <t2).. 29 62% 61% 62%+ % 34 % Mother Lodeal27*c 28 1% 17* 17* 384 31% Motor Prod 4+2)_ 2 35 35 35 41 54 40 Mueller Brass (tl)_ 2 43% 43% 43%+ % 39% 24% Mullins B (a50c) .. 2 254 264 254 20% 11% Murray Corp(a50c). 8 134 13% 13%+ % 71 58% Mvers (F E) (bl)— 2 67 66% 67+4 24% 17% Nash Kelr (1)- 9 19 187* 19 + % 24 18 Natl Acme (a75c)— 3 19% 19% 19%+ % 33% 24% Natl Biscuit (1.60). 4 25% 254 25%+% 387* 29% Natl Cash Reg (1).. 4 34 33% 34 -% 26% 21% Natl Dairy Prd 1.20. 11 227* 22% 22%—% 1124 108 Natl Dairy pf A (7). 40*111 111 111 +4 24% 16% Natl Dept Stores . 1 174 174 174 +4 36 274 Natl Distlllers(T2)_ 4 31% 31% 31% 38 30 Natl En & Stpg <2)_ 1 317* 317* 317* — 7* 18% 14% Nat’l Gypsum Co- 12 15% 15% 15%+ % 44 314 Natl Lead (t60o) .. 8 34% 3474 34%+% 617* 48 Natl Mall A S C b50o 1 52% 62% 52% + % 14% 8% Natl Pw A Lt (60c). 9 9% 9% 9% 944 70 Natl Steel <t27* >_ 6 834 83 83% + Vi 1094 62 Natl Supply Co .. 16 106 102 102 -1% 130 1214 Natl Supply pfbl% 1 125 125 125 12% 8% Natl Tea (60c)_ 3 8% 8% 8% 13% 10 Natomas (t80c)_ 1 10% 10% 10% 37 19 New Orl T&M (d)_ 20* 23% 22 23% +1 41% 28 Newport lnd(b50c). 21 33% 32% 33% + % 65% 40 NY Central . 64 47 46 47 +1% 100 83 NYChl&StLpf_ 1 88% 88% 88% +1% 31% 25% N Y City Omnibus.. 1 27% 27% 27% + % 12% 8 NY Dock _ 30* 8% 8% 8% 25% 17 NY Dock pf_ 130* 17% 17% 17% 2 1 N Y Investors <d)_ 1 1% 1% 1% + % 9% 6% NY NH & H <d)_ 3 6% 6% 6% 26% 16% NY NH & H pf <d)_. 1 18% 18% 18% + % 6% 2% N Y Ontario & W_ 8 2% 2% 2% + % 15% 8% N Y Shipbuilding_ 5 9% 9 9 - % 102% 95 N Y Steam pf (6)... 10* 98% 98% 98%+% 17% 9% North Am Aviation. 12 11% 11% 11% + % 34% 22% North Am Co(b30c) 38 26 25 26%+% 67% 51% North Am Co pf (3). 2 54% 54% 54% + % 36% 27V* Northern Pacino .. 27 35% 34% 34% 63% 60 Northwest Tel (3).. 60* 50 49 60 22% 17% Ohio Oil (b50c)_ 19 20% 20% 20%+% 73 63% Oliver Farm Equip. 4 64 63% 64 +1 26% 16% Omnibus Corpyto.. 1 18 18 18 + % Free 1937 Stock and Sales— Net High. Low Dividend Rate Add 00. High. Low. Close, chge. 46% 33% Otis Elevator b40c .. 20 39% 38% 39% +1% 24% 14% Otis Steel . 18 17% 16% 17%+% 28 22 Outboard Mot b75c. 1 26 26 26 +1 96% 82% Owens-Ill Glass (3). 6 96% 94% 94%-% 15% 9 Paclfio Coast_ 60s 9 9 9 40 26% Paciflo Coast 1st pf. 20e 28% 28 28 -% 38 28% Pao Gas & Elec (2). 6 30% 30 30%+% 63% 41% Pao Lighting (S) 4 46% 44% 45% +1% 44% 31 Pacific Mills (hi)... 6 32 31% 32 +% 152 136 Pac Tel & Tel (3)_110* 136% 136% 136% 12% 8% Packard Mot (blSc) 15 9% 9% 9% + % 4% 2% Panhandle P & R 3 3 3 3 121 60 Panhandle PAR pt_. 90a 100% 95% 100% +5% 28% 17% Paramount Pio 45 20% 19% 20% + Vi 26% 16% Paramnt 2d pf 60o._ 1 18% 18% 18%+% 34% 27% Park ATllford (2).. 5 29% 28 29% + 1% 8% 4 Park Utah . 9 4% 4% 4% 29% 24% Parker Rust <tl%). 1 24% 24% 24%-% 10% 6% Pathe Film Corp._ 6 7 7 7 23% 14% Patino Mines(t60c). 4 16% 16% 16% + % 7% 3% Peerless Corp_ 6 7 7 7 64 38% Penick A Ford (bl). 1 40 40 40 + yt 103% 87 Penney J C) (4)_ 6 91% 91 91%+ % 12% 7 Penn Dixie Cement- 2 7% 7% 7% + % 60% 39% Penn Railroad (*2). 29 44% 44 44 + % 65% 44% Peoples Gas Chi_ 2 46% 46% 46%+% 48% 34 Pere Marquette_ 1 40 40 40 + % 21% 16% Petrol Corp(A) b40c 4 18% 18% 18%+% 69% 43V* Phelps Dodge b80c_. 11 47% 46% 47% + % 3% 1% Phila & Read C & I_. 4 1% 1% 1% 84% 70 Philip Morris(b3*> 38 80% 78% 80 8 2% 69% 49% Phillips Petrol’m t2 14 56% 55% 56% +1% 20% 14% Pierce Oil pf _ 2 16% 16% 16%+% 18% 10ti Pittsburgh Coal_ 1 12% 12% 12%+ % 20 13% Pitts Screw&B bl5o. 4 15% 15 15% 43 24% Pitts Steal_ 4 30% 29 30% +1% 122 93% Pitts Steel pf_ 80s 96 95% 96 + Vi 8% 3% Pitts United_ 2 4% 4% 4% + % 29% 24% Plymouth Oil (tl)8 '27% 27% 27%+% 33% 22% Poor* Co (B)_ 2 27% 27% 27%+% 11% 6% Porto R Am Tob A.. 3 5% 5'% 5% 3% 1% Porto R Am Tob B.. 12 2 2 15% 8 Postal TelAC pf(d). 2 9% 9% 9% + % 31% 19% Pressed Steel Car_ 10 23% 22% 23V* + % 86 61% Press Stl 2d pf 2 % — 3 63% 61% 63% - Vi 65% 56% Proctor & Gam( T2) — 2 59 59 59 — % 52% 37% Pub Svc N J (2.60)-. 7 40% 40 40%+% 112% 100% Pub Svc N J pf (5).. 2 101 101 101 -IV. 72% 65% Pullman Ino (lVi)~ 4 59% 59 59% + % 24% 17% Purs Oil_ 38 18% 18% 18% T % 23% 15% Purity Bak (60c)_ 1 16% 16% 16% 12% 8% Radio Corp_ 40 9% 9% 9% + % 80 65V* Radio pf A (3 V4 )_ 2 69% 69 69% - % 10% 7% Radio-Keith-Or (d). 8 8% 8% 8% + % 47 37 Reading RR (2)_ 2 39% 39% 39% - % 43% 38 Reading 2d pf (2) _. 1 39 39 39 +% 22% 17 Reliable Stores <1)_ 1 17 17 17 29% 21 Rem-Rand (t60c)5 25% 25 25% — % 110 97 Rensselaer & S(8)_30i 98 98 98 +1 9% 5 Reo Motor Car_ 5 6% 6% 6% 47% 27% Republlo Stesl_ 113 36% 35% 36% +1% 49% 33% Revere Copper_ 2 38V* 38% 38% — % 98 71 Revere Copper(A).. 2 76 76 76 — % 30% 22% Revnolds Met (tl)-. 3 26% 26 26% ^-1 68 49 Reynolds Tob B (3). 6 50% 50% 50% -r % 46 31 Safeway Stores! 12> 3 34 34 34 + % 66 43% St Joseph I,d (t2)_ 5 55 54% 55 + V* '11% 6% St D-San Fr pf (d)-. 2 7*. 7% 7% -t- % 61% 40% Schenley Diet hi % .. 5 42% 42% 42% 45% 38 Scott Paper (b6f>c) 10« 41 41 41 + V* 8% 4% Seaboard A B 7 5% 5% 5% ” 54% 36% Seaboard Oil (1)_ 7 42% 41% 42% -2% 95% 81 Sears Roebuck (3)-. 5 87 86% 87 -r % 34 26 Servel ino (tl)__ 13 30% 30% 30% 42% 29 Sharon Steel (tl.20) 2 32% 32% 32% + % 14 9% Sharpe & Dohms . _ 4 12% 12 12% - % 44 37% Sheaffer Pent bl %)- 10» 39V* 39% 39% - % 34% 25% Shell Un Oil (a26c)_ 7 29% 28% 29% -r % 17% 12V* Silver King (b25c)_. 6 13** 13% 13% 58 40 Simmons Co (b50c). 5 46*. 46% 46% + % 60% 42 Skelly Oil (b50c)_ 1 58 58 58 54% 33 Smith (AO) _ 1 35% 35% 35% -1 20% 16V* Socony- Vac (b25c). 60 19% 18% 19 + % 6% 3% South Am O & P 3 0c 6 4% 4% 4% 42% 33% South Port Sug(t2). 1 35 35 35 32% 22% So Cal Edison tl%_. 5 24% 24% 24% — 5 65** 42% Southern Pacific_ 13 56% 55% 56% — % 43% 24 Southern Ry __ 26 38% 37% 38% -el% 60% 45 Southern Ry pf_ 2 49% 49 49% — % 77% 63% Spalding 1st pf_ 10» 63% 63% 63% — % 9% 5% Sparks-VVIthing_ 2 6% 6% 6% - % 94 75 Spear & Co pf (5 %). 10s 75 75 75 - 2% 36 31 Spencer Kell (1.6u). 1 32 32 32 — ** 23** 17 Sperry Corp vtc(al) 8 19 18% 19 — % 28% 19% Spiegel, Inc (1) _ 3 22% 21% 22% - % 48% 37% Square D (B) b25c_. 1 41% 41*, 41*, - % 16% 12% Stand Brands! t80c) 7 12% 12% 12% - % 12% 7% Stand Com Tobac 4 9 8% 9 14% 5% Stand Gas & FI (d). 19 7% 6% 7% + % 32% 15 Stand GAF *4 pf(d) 13 18% 17 18% - 1% 65 37% Stand GAF J6 pf(d) 1 42% 42% 42% -4 72% 43% Stand G&E J7 pf(d) 3 47% 45 47% +2% 50 40% Stand Oil Calif (tl)- 7 44 43% 44 — % 50 42 Stand Oil Ind (tl)_ 8 44% 44% 44% — % 32 30% Stand Oil Kan(al)-. 2 31 31 31 - % 76 63% Stand Oil N J (tl).. 11 67% 66*, 67% 1- % 75 63% Sterling Prod t3.80_ 1 63% 63% 63% — % 21 17% Stewart-Warn t60c. 3 18** 18% 18% 33% 19 Stone A Webtaljc). 13 21% 20% 21% + % 20 13% Studebaker Corp_ 34 15% 14% 15% + % 125 119 Sun Oil pf (6)_ 30» 123 123 123 + % Prev. 1937 Btoek and Bales— Net High. Low. Dividend Rate. Add 00. High. Low. Close, chge. 61% 40% Superheater Co (1). 2 43 43 43 7% 4% Superior Oil_ 4 5% 5% 514+ % 47V4 30 Superior Steel- 1 34% 34% 34%+ % 39% 32% Sutherland P tl.60„ 2 36 35% 36 28% 23% Swift* Co (tl. 20).. 5 24% 24% 24% 33% 30% Swift Internatl (2)„ 1 30% 30% 30%+% 23% 15% Symlnftton ww blOo 8 18% 18!4 18% + % 17% 11% Symington xw blOo. 10 14 14 14 57% 60 Talcott (J) pf t2%. 30e 60% 50% 60%+% 15% 10% TennCorp (al6c)_ 3 13 13 13 -% 65% 50% Texas Corp <2>_ 42 60% 60 60 + % 9% 6% Texas Gulf Pra5o._ 6 7% 7% 7% + % 44 35% Texas Gulf Sul <t2) 1 37% 37% 37%+% 64% 42% Texas & Pao RH— 3 60 50 50 16% 11% Tex Pao C&O blOo.. 26 14% 14 14% + % 15% 10% Texas P LT (alOc). 14 11% 11% 11%+% 13% 8% Thermoid Co_ 2 9% 9% 9% 1UV* 5% Thompson Starrett- 4 6% 6 6% + Vi 21% 16% Tide Wat As Oil 80o 28 18% 17% 18 + % 28% 21% Timken-Detrolt(tl) 6 23% 23 23Vi + % 79 60% Timk’n-Roll Brg(3) 2 63 63 63 + % 17% 13% Transamerlca T40c. 12 13% 13% 13%-,- % 22% 13% Trans Wst Air a25c. 6 14% 14% 14%+ % 11% 8 Trl-Contl (a50c) ... 12 8% 8% 8% + % 40% 33% 20th Cent Fox b50c_ 12 38 37 38 +1% 17% 9% Twin City RT 1 11 11 11 + % 26% 16% Twin Coach (bl5c)_ 3 19% 19% 19%+ % 100% 76% Und-Ell-Fisher (4). 8 89 88 89 +2 91% 63 Union Rag & P (2).. 1 81% 81% 81% 111 95 Union Carb (3.20).. 5 101% 100% 101% + % 28% 23% Union OlKCalif )1.20 7 24% 24% 24'% 148% 126'% Union Pacific (6) . — 3 144% 143% 144% + % 99% 90% Union Pacific pf(4). 1 93 93 93 +% 35% 23% Utd AircraftfaUOc). 8 26% 25% 26% + % 24% 15% Utd Air Lines a20c_ 12 16% 16% 16%+ % 30% 23% Utd Biscuit (1.60).. 3 24% 24% 24% + % 91 69% Utd Carbon (4)_ 4 80% 79% 80%+% 8% 4% Utd Corp <a20c)_ 18 4% 4% 4% — % 46% 37% Utd Corp pf (3)_ 3 39 38% 38%+% 16 12% United Drug (b25c)- 4 12% 12% 12% 26% 18% Utd Dyewood (1)__ 1 23'% 23% 23% 9% 5% Utd Elec Coal__ 8 7 7 7 + % 63 46'% Utd Eng & Fy (+ 2)_ 3 48% 48 48%+ % 86% 77 United Fruit (t2)_ 2 81 81 81 + % 17 12% Utd Gas Imp (1)_ 26 13 12% 13 + % 20% 11% U S Distributing pf. 60a 15 13% 15 +2 24% 16V* u S & For'n Secur 2 17% 17% 17%+ %; 137 105% U S Gypsum (t2) 3 112 111% 111%+% 23'% 17 U S HofTman__ 4 20 20 20 43% 32% U S Indus Alcohol.. 2 34% 34% 34% 15% 6v* u S Leather vtc__ 2 10% 10% 10%+ % 22% 13V* V S Leather! A)vtc. 5 18 17% 18 + V* 72V* 52 U S Pipe & Fdry(3). 7 54'% 53% 54%+ %! 19% 10 U S Realty & Imp_ 15 12% 11% 12% +1% I 72% 44V* U S Rubber .- 34 60% 68% 60% +1% j 118 84 U S Rubber 1st pf_ 4 92% 90% 92% +2% 105 79 U S Smelting (b4)_ 4 86 85 86 -rl 126'% 75 U S Steel- - 121 101% 98% 100% -r2% 150 131 U S Steel pf (7)- 1 134% 1.34% 134% - % 9Vi 6% Unit Stk Yds (50c)_ 16 7% 7% 7% -r % 8% 3% Utd Stores (A) 1 4% 4% 4% 21 20 Unlv Cyclops Stl(l) 1 20 20 20 164 142V* Uni v Leaf T pf <11.. 10a 145 145 145 +1% 4% 2*% Util Pw&Lt (A)(d). 6 2% 2% 2% + % 2% 1% Vadsco Sales Corp.. 13 1% 1% 1% + % 39% 26 Vanadium Corp_ 6 29 28% 29 + % 12% 7% Va-Car Chemical_ 11 9V* 9% 9Vi + Vi 74% 51% Va-Car Chem 6% pf 1 58 58 58 + % 12% 6V* Va Iron Coal&Coke. 20a 7% 7% 7% _ 10% 3V» Wabash <d)__ 17 7 7 + % 18% 9 Wabash pf <A)(d)_. 6 13% 13 13% - % 33 26V* Walgreen Co (2)_ 2 27V* 27 27V* 49% 42% Walker (H) (2)_ 2 46 46 46 -r 1 18% 1IV* Walworth Co..._ 13 16 15% 15’%+ % 104* 5V* Ward Baking (B)_ 2 6% 6% 6% - % 18 11% Warner Bros Plct .. 47 13% 13% 13% — % 1% % Warner-Quinlan(d) 6 % % % % 38V* 28% Waukesha Mot (1). 1 31% 31 % 31% 9% 4% Webster Eisenlchr. 5 5 5 5 100% 89 West Penn El pf(6) 2"a 89',-i 89% 89% — % 109 92% West Penn El pf(7) 30a 92% 92 92 — % 11% 8% Western Maryland. 1 9% 9% 9% 83% 54*4 Westn Un Tel (*)... 5 58% 57% 58%+ % 57% 41% Westingh'se A B(l) 17 46% 45% 46% +1% 167% 130% Westhse Elec <b2)_ 7 140% 139 139% +1 30% 21 Weston El Inst b22c 2 24% 24% 24% +2% 34% 30 Westvaco BTopf 1% 1 30% 30V« 30% 65 38 Wheeling Steel_ 5 48 47 48 + % 331. 21% White Motor_ 9 25 24% 25 -r % 6% 4% White Sewing Mach 3 4% 4% 4% 46% 27% White Sew Mch pf.. 1 30 30 30 — % 6% 4V* Wilcox Oil & Gas_ 3 5% 5** 5% + % 12V* 8% Wilson & Co <60c)„. 21 9% 9% 9% - % 91 % 78 Wilson & Co pf (6). 2 81 79 81 +1 65% 44% Wcolworth (2.40).. 10 49 48% 49 % 47 32% Worthington Pump. 1 35 35 35 T ■% 128 90 Wright Aero (al)__ 10a 93 93 93 76 68% Wrlgley W lr (t3)_. 2 70V* 70 70 — % 62% 48% Yale&Towne(t60c). 2 52% 52% 52% — t* 37% 20% Yellow Tr & Coach.. 109 26V* 25V* 26V* -1% 46% 37% Young Spr&W(t3). 3 39% 39 39 101% 75% Ygstn S&T <b75c)— 4 86% 85% 86% +1% 40% 31 Zenith Radio(boOc). 3 34% 34% 34% -e % 9% 5% Zonite Products_ 1 5% 5% 5% — % Approximate bales of Stocks on the N. Y. Stock Exchange. Total Sales for the Day 480.000 Dividend rates as given in the aDove table are the annual cash payments oasea on the latest quarterly or half-yearly declarations s Unit of trading less than '.(JO shares. ♦ Annual rate_ not including extras a Paid last year b Paid thi« year d Companies repoited In receivership or being reorganized’ x Ex dividend. CHICAGO STOCK MARKET CHICAGO. May 22 <*»' —Following Is | the complete official list of transactions in stocks on the Chicago S?ock Exchange today; Sales. STOCKS High. Low Last. 300 Aetna B Bearing 14% 13% 14% 50 Allied Prod 17 1". 17 * lI5o Armour A Co 12 11% 11% 5o Asbestos Mfg 2% 2V« 2% 50 Autom Prod .777 50 Barber <W Hi Co 16% 10% 16% 50 Barlow A Seelig A 17 IT IT 50 Binks Mfg 12% 12% 12% 5oo Bliss & Laughlin 39 38 38*2 25o Borg-Warner n 45% 44% 45% 100 Brown F & W 14 14 14 100 Butler Bros 14% 14 14% 200 Cen A S W Ut 3% 3% 3% in Cen A S W $7 pf 51 51 51 20 CenASW $7 pi pf 93 92% 93 10 Cen Sta P A L pf J 1 11 11 350 Chi Corp 4% 4% 4% 150 Chi Corp pf. _ 43% 43% 43% 40 Chi Towel _ 75 75 75 650 Cities Berv ... 3% 3% 3% 15o OomWith Edis 109 108% 109 50 Con Biscuit ___ 0% 6% 6% 15o Cord Corp 3% 3V* 3% 5o Dayton Rubber 24% 24% 24% 1 oo Dixie-Vortex . . 21% 21% 21% 5o Eddy Paper _ 31% 31% 31% 200 El Household . 8 8 8 300 Fuller Mfg 5% 5*2 5% 150 Gardner Denver . 62 60% 62 50 Gen Finance 5% 5% 5% 150 Gen Household 5% 5% 5% 100 Gt Lakes Dredge 20 2o 2o 50 Heileman <G> B 9% 9% 9% 100 Iron Fireman 21 21 21 400 Kellogg Switch 9% 9% 9% 60 Ky Ut Jr cum pf 31% 31% 31% 200 Kingsbury Brew' 2% 2% 2% 200 La Salle Ext 2 2 2 50 Leroi Co .18 18 18 50 Lib-McN A L ... 12% 12% 12% 100 Lincoln Pr 9% 9% 9% 40 Lincoln Print pf 43% 43% 43% 150 Lion Oil Ref 23% 23V* 23% 100 Loudon Pack 4 4 4 200 Marsh Field 25% 25 25% I lOMerch A Mfrs pf 27 27 27 550 Mid West Corp 9% 9% 9% j 8oo Mid W Corp war 3% 3% 3% I 50 Midland Unit % % % i 20 Midi Util 7% pi. 4% 4% 4% ! 2oo Nat-Stand ._ _ 29% 29% 29Va 50 Noblitt-Sparks __ 43 43 43 10 No West Ut Pi 63 % 63% 63% 10 No Wes Ut 7rr Df 34 34 34 100 Oshkosh B Gosh 13% 13% 13% 100 Prim a Co _ 1% 1% 1% 100 Public Svc _ 76 76 76 20 Quaker Oats 112% 112 112 10 Rollins Hos cv pf 31% 31% 31% 20 St L Nat Stk Yds 75 75 75 200 Sangamo El n. . 37 36 37 1,00 Sears Roeb ___ 87% 87% 87% 50 3errick Corp B __ 3 3 13 13 50 Signode Steel __ 34 34 34 50 Signode Stl pf 31% 31% 31% 60 South Colo Pow A 5 5 5 50 Std Dredge _ 5% 5% 5% 100 Std Dredg pf 18% 18% 18% 50 Sunstrand M Tool 22 22 22 400 Swift & Co .— 24% 24% 24% 300 Swift Int _ 31 31 31 200 Trane Co _ 23 22% 23 200 Utah Radio 3% 3% 3% 20 Viking Pump pf. 40 * 40 40 100 Walgreen 27% 27 27% 50 Will Oil-O-Mat. _ 7% 7% 7% 50 Woodall Indust. 11 11 11 50 Zenith Rad 34% 34% 34 % Stock sales today—18,000 shares. NEW YORK BANK STOCKS NEW YORK. May 22 oPi.—New York Security Dealers' Association: Bid. Asked. Bank of Manhattan (1%) - 34 30 Bankers Trust (2) - 08 “O Cen Han Bank Ac Tr (4) _ 124% 12. % Chase National 11.4(1) - 52% 54% Chem Bank A- Tr (1.80) __ 08% <0% Commercial (8) -- 105 201 Cont Bank Ac Trust (.80)-- 1 < % 18% Corn Ex Bk & Tr (3)_ 04% 05% Empire Trust (1) - 30% 31% First Nat iBos) (2) _ 51% 53% First National (100)-21 T5 2215 Guaranty Trust (12) - 340 351 Irvin? Trust (.00) - 15% 10% Manufacturers Tr (2) __ 54 5(1 Manufacturers Tr pf (2)— 60% 52% National City (1) - 40 48 N Y Trust (5)_130% 133Vi Public (1%) - 44 40 Title G Ac T- 13% 14% -+ --— CHICAGO PRODUCE. CHICAGO. May 22 UP).—Butter, 12.300; steady: prices unchanged. Eggs, 38,531; unsettled. Extra firsts, local, 20%: cars. 21; fresh-graded firsts, local. 19%; cars. 20%: current receipts, 18%: storage packed extras. 22%; storage-packed firsts, 22. Poultry, live. 10 trucks: steady. Hens, over 5'lbs., 17: 5 lbs. and less. 18; Leg horn hens. 14%: Springs, colored. 25%: Plymouth and White Rock. 27%: broilers, colored. 23: Plymouth and White Rock. 24; barebacks. 19: Leghorn. 19-22: roost ers. 12: Leghorn roosters. 11: turkeys, hens. Hi: toms. 15: No. 2 turkeys. 14; ducks, white and colored. 4% lbs. up. 15: small. 14; geese, 11: Springs, colored, 26; Ply mouth and white. 28. MONTREAL SILVER. MONTREAL. May 22 (/Pi.—Silver fu tures closed steady and unchanged: no sales. May. 44.90b: July, 44.70b; Sep tember, 44.60b. b—Bid. NEW YORK COTTON Bs ihe Associated Press. NEW YORK. May 22 —Cotton futures opened steady, 4 to 12 higher ■ on trade and foreign buying. Offers j were light. July, 12.80; October,' 12.70; December, 12.71; January, 12.74; March, 12.80: May, 12.86. The Far E^st. especially Bombay, was again a buyer of distant positions while trade houses absorbed nearby offerings. Prices ruled steady in quiet trading during the first half hour, but shortly after sagged slightly under local selling influenced by private re ports of showers in North Texas and Oklahoma and disappointing response In wheat to strength at Liverpool. 1 October fluctuated between 12.70 and 12.74 and late in the first hour rwas selling at 12.71 with prices gen erally 4 to 10 points net higher. Trading was generally restricted owing to the holiday in the Liverpool cotton market, dullness in spot cotton and cotton goods markets and a disposi tion to await developments at Wash ington. Requests for releases of loan cotton for the week ended Thursday were 8,306 bales. Futures closed steady. 0 to 3 3 higher. High. IjOW. Last. July _ 3 2.88 3 2.79 3 2.84-86 October _ 12.8(1 32.70 32.77-78 December_ 32.79 32.68 32.73-76 January_... 12.80 32.74 12.78 March_ 12.87 12.78 12.82 May__ 12.87 12.85 12.87n Spot steady: middling, 13.34. n—Nominal. Cottonseed Oil. Bleachable cottonseed oil futures closed firm, 9 to 10 higher. Sales, 41 contracts. INSURANCE STOCKS NEW YORK. May 22 <)P).—New York Security Dealers’ Association: Aetna Cas (2a)_ f>2 Hri Aetna Ins (1.60) _ 44 4fi Aetna Life (.8na>____ 28% 30 U Am Eqult (1.filial--_ 30 *2 Am Reins (,40g>_ 41% 43% Am Reserve (la)_ 28V4 20% Am Hurety (2%)_ 5112 5312 Automobile (la) _ 2!)'/4 30% Balt Amer (.20a)_ 7% 8% Carolina (1.30) 23% 25% City of N Y (1.20)_ 25% 26% Conn Gen Lif (.80)_ .’(5 3(1% Contln Cas (1.20)_ 2534 28 Fid & Deo (4) _122% 127 Frank Fire (la> _ - 30% 32% Oen Relnsur (2) _ 41% 43% Glen Falls (l.fin) _ 41% 43% Globe & Rep (.80)_ 20% 22% Globe (fe Rut _ 58 fil Great Amer ila)_ 25 2fi% Hanover (l.fiO) _ .32% 34% Hartford Fire (2)_ 68% 70V4 Home Fire Sec_ 4% fi Home Ins (la)_ 35 37 Homestead (1) 18% 20y« Knickerbocker (.80)_ IfiVi 18% Lincoln Fire _ _ 4% 5 Maryland Cas . _ fi 7’/4 Mass Bond (3%)_ 57% fil Natl Fire (2) _ 6(1% 62 V« Natl Liberty (,20a) _ 8% 0% N Hampshire (1.60)_ 45% 47*4 N Y Fire (,80a)_ 20% 23% Nor River fl)_ _ 25V« 20% Phoenix (2a) _ 84 88 Prov Wash (1) - _ 34% .’(«% Revere (P) In (1.30)_ 23% 25 Rossia Ins (,60a)_ 10% 12 St Paul Fire (fi)_!!•!)% 204 Springfield (4%a)_115 118 Sun Life <3%g)_ 050 700 Travelers (lfi) _ 457 4(17 U 8 Fire (2) __ 51% 53% Westchester (1.20a) . - 33 35 a—Also extra or extras K—Declared or paid so far this year. BALTIMORE STOCKS Special Dispatch to The Star. BALTIMORE May 22.— Sales. STOCKS High. Low. Close. 200 Balto Transit pf 6 ft 5 1 Con Oas 5% pf A 114 114 114 18 Fidelity & Depos 12.1 122% 123 0 Finance Amer A 13% 13% 13% 200 Houston Oil pf vtc 22% 22% 22% 30 Pa Water <fc Pow 77% 77 77 10 Seaboard Coml pf 44 44 44 BONDS. j $2,000 Balto Tr deb 4s A 32 31% 33 6.000 Balto Trans fis B 100 100 100 2,100 Balto Trans 5s A 37% 37% 37% Property Management Automobile Insuranc e Mortgage Loans Fire Insurance Fire and Not only the protection of strong com panies—but careful attention to your Automobile Fire and Automobile Insurance details are features of the service rendered by Insurance our Insurance Department. B. F. SAUL CO. REAL ESTATE 925 15th St. N.W. ucPhXTsauar, National 2100 STOCKS MOVE UP FRACTIONS TO $2 Steels, Coppers and Motors Assume Leadership at Week’s Close. Stock Averages 30 15 15 00 Indus. Rails. Util Stks Net change. +.8 -^.4 +.4 -t-6 Today, clo6e 92.7 45 5 42.5 68.2 Prev. day... 01.9 45.1 42.1 67.6 Month ago. 93.0 45 5 44 8 69.0 Year ago... 81.5 33 7 46 0 60.7 1937 high ..101.6 49.5 54.0 75.3 1937 low... 88 5 37 8 40.9 65.4 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 (Compiled by tbe Associated Press.) BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, May 22 — A rise il steels, coppers and motors frosted thi stock market cake today. Gains ran from fractions to 2 point or so. The opening brought a timit upturn. As the market got its footinj the advance became more aggressive but in the closing few minutes o trading, various issues slipped. In the foreground, brokers said, wa the feeling industry at large would fee few near-term effects from propose wage and hour legislation. Anothe firm peg on which sentiment hun; was bright news from the steel in dustry. Transactions ran at the rate o about 450,000 shares. Issues well liked were U. S. Stee Bethlehem. Youngstown Sheet & Tubt Chrysler, Yellow truck, U. S. Rubbe, Douglas Aircraft, North Americai Anaconda, Kennecott, America; Smelting, Cerro De Pasco, Seaboar Oil. American Can. Westinghoust General Electric, Santa Fe. New Yor Central, Great Northern Pacific pre ferred. Otis Elevator, Celanese, A. lied Chemical. Goodyear, Interna tional Telephone, American Rollin Mill, Western Union and Phili Morris. Store shares seemed to have litt! punch. Brokers said the recer fervor for this group had abate somewhat. Bonds were irregular. Wheat an corn were steady. Cotton gained. Th French franc and pound sterling wei about even against the dollar. DIVIDENDS ANNOUNCED NEW YORK May 22.—Dividends d« dared 'prepared by the Standard Sti tistics Corp 1 Extra. Pe- Stock of Pa: _ , Rate. nod. record, abl Beech-nut Packing 25c H-12 7-1 Progress Laundry 5c __ 5-20 6-1 Increased. Natl Oil Prod 50c._ 6-1R fi-J Pitus Plate Glass $1.5n 6-1U 7-i Srott Paper Co 4uc __ 6-1 6-3 Rerular. Atlanta Gas Light 6*7 _ Pf „ $1.50 O 6-14 7-1 Beech-nut Packing >1 Q ti-12 1-J Oonn Lt & Pv 75c Q 6-15 7-3 Gen Candy $2.50 non cum A . 25c 6-10 6-5 Harshaw Chem Hoc Q 6-3 4 P.-‘ Do. V Pi «1 7.-, Q 6-25 7-i Kap.s Oila & Gull Ry of - 5.'i S 5-25 6-1 Do. it' pf B - _ 5.1 g 5-25 6-3 Do o'. pf C 52 5-25 6-3 mb McN cfe Lib O'. p; «n s 6-18 7.’ Progress Laundry 15c Q 5-20 6-J Riverside Silk Mills A 5»c Q 6-15 7-i Wieboit Stores 25c Q H-21 7-J Do. 6'. pi 75c Q H-21 7 Do, 55 pr Pi . _ $1.25 Q 6-21 7-3 INVESTING COMPANIES _ NEW YORK May 22 vPu—New York Security Dealers' Association , . _, . _ Bid. Asked. Admm Fd 2nd Inc_ 18.3? 19.54 Am Business Shrs . 1 is 1 30 | Am Gen EQ Inc_.. . i in 1 " Am Ins Stocks . _ 5 25 6do Bancamer Blair 10 00 1 1 oo Bankers Nat Inv Corp xd _ 3.50 4 125 Basic Industry _ 5 12 Broad St Inv_ _34 TO 3? 21 Bullock Fund . _ _ 21 l"5 8?5 Corporate Trust _ _ _ 2 il? Corporate Trust A A . 2.82 Corp Tr A A mod - _ 3 82 Corp Tr Accum Ser.__ 2 s° Corp Tr Acc Mod _ _ 3 82 Cumulative Tr Sh _ «32 Depos Bk Sh N Y "A" _ 2 38 I Depos Ins Shrs ' A" 3.34 Depos Ins Shrs ' B ' 3.14 Diversified TrC.._ 5 00 ~ Dividend Shrs _ _ 1.92 2 87 Equity Corp 53 pf _ 38 25 41 25 Fidelity Fund Inc _ 28 93 29 01 First Boston Corp_ 30 75 3" 25 Fixed Trust Sh A_ _ 13 17 Fixed Trust Sh B 10 9 t Found Tr Sh A _ 4 85 5 20 Fund Investors Inc_ _ 23.79 25 11 Fund Tr Shrs A__ _ ti l 7 8.88 runa ir snrs u _ 5.67 Gen Investors Tr _ 6.85 7.45 Group Sec Agriculture_ 1.91 2.07 Group 8ec Automobile_ 1.42 1.54 Group Sec Building _ 2.05 2.22 Group Sec Chemical_ 1.57 1.70 Group Sec Food _ .97 1.06 Group Sec Invest Shrs_ 1.62 1.76 Group Sec Merchandise_ 1.36 i ,4H Group Sec Mining _ 1.6M 1.82 Group Sec Petroleum_ 1.4 7 l.fio Group Sec R R Equip_ 1.54 1.67 Group Sec Steel _ 1.94 2.10 Group Sec Tobacco_ 1.04 1.14 Huron Holding _ .70 l.io Incorp Investors _24.86 Instl Sec: Bank Group __ 1.80 1 94 Instl Sec: Insurance _ 1.57 1.69 Investors Fd “C” Inc __ 15.63 16.59 Keyston Cust Fund B-3__ 21.40 23.42 Mator Shrs Corp_ 3.125 Maryland Fund _ 9.78 10.71 Mass Invest Tr_ 27.92 29 62 Mutual Invest _15.89 17.36 Nation Wide Sec _ 4.38 4.48 Nation Wide Voting_ 2.01 2.17 Natl Investors _ 7.08 7.32 New England Fund_18.35 19.73 N Y Bk Tr Shrs _ 3.875 N Y Stocks. Bk Stocks 11.46 12.38 N Y Stocks Bldg Supply _ 11.57 12.49 N Y Stocks Elec Equip _ 12.13 13.10 N Y Stocks, Insurance _ 10.33 11.16 N Y Stocks Machinery_13.04 14.08 N Y Stocks, R R Equip __ 14.60 15.75 N Y Stocks. Steel 14.25 15.38 North Am Bond Tr ctfs __ 69.00 63.25 Nor Am Tr Shares _ 2.71 _ Nor Am Tr Sh 1955 _ 3.46 _ Nor Am Tr Sh 1956_ 3.40 _ Nor Am Tr Sh 1958_ 3.20 Plymouth Fund Inc _ .87 .98 Quarterly Income Sh_17.60 19.28 Selected Am Sh Inc _14.69 16.01 Spencer Trask Fund._ 21.06 21.71 Stand Am Tr Shrs __ 4.05 4.30 Stand Util Inc _ .79 .85 Super of Am Tr A_ 4.03 _ Super of Am Tr AA_ 2.70 _ Super of Am Tr B _ 4.17 _ Super of Am Tr BB_ 2.70 _ Super of Am Tr C_ 7.78 _ Super of Am Tr D_ 7.78 Supervised Shrs __ 14.21 15.45 Trustee Stand Inv O_ 3.05 _ _ Trustee Stand Inv D _ 3.00 Trusteed Am Bk "B"_ .90 1.00 Trusteed Industry Shrs_ 1.48 1.64 Wellington Fund _ 19.25 21.11 FOREIGN EXCHANGES. NEW YORK. May *’2 'TV—Foreign e change steady; Great Britain in dollar otfc-rs in cents. Great Britain, deman cables 4.04 . on-day bills. 4.02,‘ France demand. 4.46**: cables 4.46V Italy, demand 5 2•;1«: cables. 5.20*4. Demands Belgium 10.87: German free 1«».10: registered, 20.00; tra.v« 24.10; Holland. 55. on: Norway 24. K Sweden. 25.50; Denmark. 22.01*: Finlan 2.10 Switzerland. 22.S7V Spain, ui quoted; Portugal. 4 50; Greece .01: P land io on Czechoslavakia. 40 Yug slavi a 2 24. Austria. is.75n: Hungp.r 10 sn. Rumania. 75. Argentina. 22 02 Brazil. S.xov4n: Tokio. 28.82: Shaneha 20.01; Hongkong 20.m ; Mexico Cit. 27.85. Montreal, in Nf"* York 100.12** New York, in Montreal. 00.87*2. n—Nominal. NEW YORK PRODUCE. NEW YORK May 22 .--Errs 37.15' unsettled. Mixed colors Special pack 23* 4 a-: 4 3 4: standards. 2234a23: storai packed firsts. 2214a,.3l2: firsts. 2(»,ja,:P mediums. 1 : dirties. No. 1. lO^ali)3; averace checks. 18)2al834. Butter. 12.37*: easier Creamery: High, than extra. 3P'2a32l4. extra (02 score 31*4; firsts <88-01 scores*. 28a3034. s*. onds <84-87 scores*. 23a27; centralizi (9(» score), 2W34a3(*. Cheese, 154.394: steady and m changed. Live poultry, by freight, steady to flrn prices unchanged By express steady to weak Broiler Leghorn. 14-20; other express prices ui changed Dressed poultry steady and all fresh ar frozen prices unchanged. OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Ere St N.W Phone NA. 4181 Free to Executives 16 Bank and Trust Company Statements A reprint of reports of condi tion of 16 Banks and Trust Companies of Washington, D. C., as of March 31, 1937, which appeared in The tvening Star. Invaluable reference booklet. Free on request to Executives and Investors. Ad dress Advertising Manager, effi? Eufttinrj S>tar