Evening star. [volume] (Washington, D.C.) 1854-1972, January 17, 1940, Image 17

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Evening star. [volume], January 17, 1940, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 17 Jan. 1940. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1940-01-17/ed-1/seq-17/>

Newspaper Page Text

Rails Take Lead
In Irregular Rally
On Bond Market
Missouri Pacific Issues
Stage Sharp Advance
On I. C. C. Action
Bond Averages
CO TO TO TO
Rails Indust. Util. Fen.
Net change -.2 unc. —.1 unc.
Today, noon 57.9 102.1 96.2 50 1
Prev. day _ 57.7 102.1 96.1 50.1
Month ago. 57.6 101 4 95.5 49.2
Year ago 60.8 98,9 93.3 62.6
. 1939-40 high 64.9 102.6 97.5 64.0
1939-40 low 53.4 95 8 90.4 41.7
1938 high.. 70.5 100.3 95.1 67.0
1938 low... 46.2 930 85.8 59.0
1932 low .. 45.8 40.0 64.6 42.2
1928 high..101.1 98.9 102.9 100.5
10 Low-Yield Bonds.
Noon. 1118 Prev. day ill 8
M’nth'aeo 111.1 Year ago 111.3
’39-40 hi’h 112.6 '39-40 low 103.6
1938 high 110 7 1938 low 106 7
1928 high 104.4 1932 low 86.8
(Compiled by the Associated Press.)
By the Associated Press.
NEW YORK. Jan. 17.—Rails took
the lead in an irregular bond mar
ket rally today.
Missouri Pacific issues rose frac
tions to more than a point following
announcement of Interstate Com
merce Commission approval of a re
organization plan, providing for a
sharp cut in fixed charges.
Also showing gains ranging to
more than a point in late trading
were Alleghany 5s of 1949. Illinois
Central 4,s, Delaware A: Hudson
refunding 4s. Southern Railway 4s
and Baltimore & Ohio first 5s.
* Many utility loans, however,
tended slightly lower, including
American & Foreign Power 5s.
Columbia Gas A: Electric 5s of '61
end Portland General Electric 4'2s.
United States Governments were
around 6 32ds of a point advanced
to 4 32ds down.
Uneveness ruled the foreign dollar
division. Advancing were Denmark
6s of 42. Belgium 6s and Poland 8s.
while retreating were German 7s of
r49. Norway 6s of 44 and Canada 4s
of 60.
Missouri Railroad
Reorganization 0. K/d
ky the Associated Prc. >
The Interstate Commerce Com
mission approved today a plan of
reorganization for the Missouri Pa
cific Railroad system.
The plan calls for consolidation
in a new company the properties of
all of the 26 debtors composing the
pieaeiu xvu»uuj i raaiK: r.\
cept the Missouri-Illinois Railroad
Co. No plan was approved for the
latter company.
There would be a reduction in
total capitalization from $671,205.
664 to $340,478,900 and a reduction
in total annual charges from $29.
108.019 to $21,695,499. Fixed interest
would be reduced to $7,286,804 from
the present $24 770.052.
Dog Saves Family
• From Death in Fire
By the Associated Press.
WINCHESTER. Ky.—Mr. and
Mrs. John Hackett and their four
children slept soundly while fire
ate its way across the roof of their
home.
Outside neighbors turned in a
fire alarm and sought to awaken
the family by shouting to them.
Infcide. "Tucky.” a bull terrier,
was heard barking loudly.
Finally, the dog dashed upstairs,
jumped on the bed of one of the
children, and began scratching her
face with his paws.
The girl quickly awakened other
members of the family and all
escaped without injury just before
the roof caved in.
. New York Produce
NEW YORK Jan. 17 .T .—Eggs. *.28 03*2;
firm Mixed colors, fancy to extra fancy.
Cl'j-C.'lU standards. 114: firsts -.*<»1 ;
seconds. i8'4- 4 medium.- J* dimes. No.
1 18. average checks. 1»>'2-17 Refrigera
tor. fancy and heavyweights. 1 s-*2o
standards. 17»<. firsts. 17: seconds. 1 •>*-*
16,4 mediums l.Va- dirties. ]Tv
Whites: Resale of extra special'. *2o
TI7 12 nearby and Midwestern, extras, j
4 12: specials. standards. 1 *» Re
sale of nearby heavier mediums. •:i,r,:4
Nearby and Midwestern, mediums. !il:
Bullets. i»i2.
Browns: Nearby fancy to extra fancy. 1
2*234-723,a. Nearby and Midwestern, spe
cials. 2- standards. 721'2 mediums. *20;
pullets, is.
Duck eggs. *2*2-*25.
Butter jr2.'».37\:. miner. Creamery,
higher than extra 31‘4-3'21 extra i<i*2
score'. .’Ub-1 firsts 'SN-Pn, 30-3] U;
•econds 484-87v •27l2-,20,i.
Cheese. 318.81*2: firm State whole
milk flats. June. 1034-*2t»,4: others un
changed
Rye soot, easy No. *2. American f ob
New York 8?1a: No. *2. Western, c.i.f. New
York 8H'a
Barley steady; No *2. domestic, c i f.
New York. «3V
Tallow easy, sppcial. loose, o'4. nomi
nal extra loo.r. o3«
Or eases, easy yellow and house.
Hay. Arm No. J. 20.on; No 2. 21.no
C2on; No :i. i n mo-20 oi»; feeding ih.ou.
Straw Arm No 1 rye. 25.on-27.oo,
Other articles steady and unchanged.
-
Short-Term Securities
(Reported by Smi'h. Barney A Col
Bid. Oder.
Ala Gt Sou "A-" 5s 45._ 10P .
Alleghany Corn cv 5s 44_ 713« Kit
Am Tel A Tel 5'js 43__ 1(181* 108
Austin A Nnrthw 5s 4 1 _ Ku 82
Baldw Loco Works 5s 40_. ini loi3.
Central Foundry 6s 41_ P5 SSI*
Chicago XJn Station 4s 44__ lnn-’n HIT
Childs Co 5s 45 _ __ 501 * 51
Colo Fuel a Iron 5s 45._ 105', 10HV*
Container Corn 5s 43 — 10]** 102
Cuba Nor Rwys .V2s 42 .. 29 29'.'
Delaware A Hudson 4s 43. , 54 S0»»
gr Rap A Ind 5>*s 41 __ 105
linois Steei 4".s 40. ion3, ini'*
Inti Hydro-Eleciric (is 44 „ 73'* 75
Int. Merc Marine 6s 4!__ 7 1 723»
• Laclede Gas Light 5s 43__ 77 K23,
Lake Erie A Wes. 5s 41 . 7 8 85
Lehigh Val Ter Ry 5s 41. _ 5" _
Lou A Nash R R 4s 4o._ 1015, _
Midi R R of N J 5s 40 — Hi 12',
N Y A Long Br 4- 41- . 75
Norfolk A Southern 5s 4L__ 54s* 5 7
Pennsylvania Co 316s 4 1... 102',
Penn-Dixie Cement (is •*]-_ 97 9s3,
Penna R R Co 4s 45.. 109 T(IO>*
Peo G Li A Coke 6s 45.. 115 Jlii
Peoria a Eastern 4s 4ii__ 65 67
Phila Balt A Wash 4s 43.. 109*41 110*,*
Studebaker Corn 6s 45.. 101*, 103
Tex A New Orleans 5s 43__ 53 58
Jlnion Oil Of Calif 6s 42.. 112*4 .. .
Vanadium Corn 5s 41_102 HH'j
Warren Bros 6s 41...r._ 33*4 34',
West N Y A Pa 4s 43.. 107’a 108
White Sew Mach 6s 40_. 1012a -
Jersey City Livestock
JERSEY CITY N. J.. Jan. 17 <7H
fUnitfd States Department of Agriculture!.
—Cattle, salable. 000: total. 440; two loads
medium Canadian-holdover steers. K.oo
H .5 cows active. steady to 25 higher:
medium 8 mi-n 25: cutter and common.
5 25-75. fanners. 4.25-5.00: bulls fairly
active mostly steady: Rood sausage kinds.
' -3-75 medium 8.50-7.00; cutter and
common. h.oo-8.25.
Vealers and calves: salable. 80 :total.
410. vealers scarce steady: good and
choice nearbys 10.50-14.00; common to
medium P.oo-l o.oo: culls. 7.00-8.00;
nothing done early on light supply calves.
Hogg salable 00 i]0 on Jersey City HO
rr New York*: total. 1.530: butchers
mostly 5 lower good and choice. 105
pounds. 5 oo good and choice. 210-218
pounds. 5 75-80.
BONDS ON N. Y. STOCK EXCHANGE
priT»ie wire direct to xbc si»r.
T REASU R Y.
High. Low 2:55.
2*1948-50 _ 102.30 102.30 102.30
2 4is 1951-53_ 102.27 102.24 102.27
2 44s 1950-52_ 105.16 105.12 105.13
28,s 1951-54_ 107.9 107.9 107.9
2 84s 1956-69_ 106.12 106.12 106.12
284s 1958-63_ 106.3 105.31 106.3
2»*s 1960-65_ 106.4 105.29 106.4
234s 1965-60_ 107.18 107.11 107.15
3 448 1943-45- 109.30 109.30 109.30
3448 1944-46 110.13 110.1 1 110.11
3*sS 1940-43 Jun 102.8 102.8 102.8
3 84 8 1 9 4 3 - 47_ 109.21 109.21 109.21
3>4s 1946-56_ 114.23 114.23 114.23
4s 1944-54 114.22 114.22 114.22
4 44 8 1 9 4 7 - 52_ 120.13 120.12 120.13
FEDERAL FARM MORTGAGE.
3 445 1944-64 108.13 108.13 108.13 ‘
HOME OWNERS' LOAN.
3s 1944-52 107.29 107.29 107.29
FOREIGN BONDS.
H'.en. Low 2 55.
aihitibl P&P 5s 53_ 54', 52', 54'a
Antwerp 5s 58 _ 69 69 69
Argentina 48 72 Feb.. 81>4 8114 81’i
Argentine 4s 72 Apr- 81', 80’, 80’»
Argentine 4Hs 48_ 95 95 95
Australia 4 44 * 56 _ 80'4 SO’i 80'j
Australia 5s 55_ 85’, 85 85V,
A n c t r« 11 n He C T o:i. or or
Belgium 6s 65_ 90 90 90
Belgium 7s 55 ... 1014 1004 1004
Berlin C El 6V£s 51... 154 154 154
Brazil Sijs 1926-57_ 144 144 144
Brazil 64s 1927-57 . 144 144 144
Brazil C Ry El 7s 52 . 14 134 134
Brazil 8s 41 _ 18 18 18
Brisbane 5s 57 . 77 77 77
Buen Air 4V*-4%s 77. 604 604 604
Canada 25*s 44_ 954 954 954
Canada 3s 67 _ 874 874 874
Canada 3Vis 61_ 914 91 91
Canada 4s 60_ 1004 1004 1004
Canada os 52 _ 1054 1054 1054
Chile 6s 61 Jan assd . 13 13 13
Chile 6s 61 Sept assd. 13 13 13
Colombia 6s 61 Jan.. 294 294 294
Colombia 69 61 Oct_ 29 274 29
Col Mtg Bk 7s 46_ 26 26 26
Copenhagen 5s 52_2. 414 41 41
Costa Rica 7s 51_ 204 20 20V*
Cuba 4 V2 s 77 _ 56', 56 56
Cuba 5s 1914-49_ 103 103 103
Cuba 5 J»s 53 _ 104 1034 104
Denmark 4Us 62_ 424 414 414
Denmark 5 t/Vs 55_ 554 544 554
Denmark 6s 42_ 644 63V, 634
Finland 6s 45 _ 43 43 43
German Govt 7s 49 ... 114 11', llv,
Greek G 6s 68 pt pd_. 144 144 14V*
Greek G 7s 64 pt pd ... 16 16 16
Hungary 4 '-s 79 ext. 25*, 254 254
Hung Con M 7s 46 . 7 7 7
llung L M 74s 61 A .. 7 7 7
Italy 7s 51 . 704 694 694
Ital Crd P W 7s 47 B. 68 68 68
Japan 6Vis 54 .. 814 814 814
Mex 4s 1910-45 asst_ 4 4 »,
Mias Mill if 7a 56_ 184 184 184
Milan 6V*s 52_ 50 50 50
Norway 4s 63 _ 66 63 63
Norway 4 Vis 65_ 67 67 67
Norway 4Hs56_ 724 704 704
Norway 6s 43_ 89 89 89
Norway 6s 44 _ 894 88 88
Oriental Dev 5V4s 58. 534 534 534
Oriental Dev 6s 53 584 584 584
Oslo 4 V£s 55 _ 684 684. 684
Panama 5s 63 st asd .. 734 73 73
Peru 1st 6s 60_ 94 94 94
Peru 2d 6s 61 _ 94 94. 94
Peru 7s 59 _ 104 104 104
Poland 4 V&s 68 asd_ 64 64 64
Poland 4 V2s 63 asd_ 6 6 6
Poland 8s 50 _ 7', 74 7v,
Queensland 6s 47_ 954 954 954
Queensland 7s 41_ 99 99 99
Rio Gr do Sul 7s 67_ 74 74 74
Rumania 7s 59 _ 9 9 9
Sao Paulo C 6’2s 57_ 74 7 74
6ln PdiilaPfe Cl C O o
Sao Paulo St 8s 36_ 14'. 144 144
Sao Paulo St 8s 50_ 84 8 8
Serbs 8s 62 _ 124 124 124
Taiwan Elec 6 4* 71- 554 554 554
Tokyo City 54s 61... 554 554 554
Tokyo El Et 6s 53 .. 59 584 59
Un Stl Wk 6 'is 47 A . 23'. 234 234
Un Stl U'k 64s 51 A 234 234 234
Uru 3Vt-4-4 4s adr 70 46 46 46
DOMESTIC BONDS.
Adams Exp 4s 47 102 102 102
AUeg Corp 6s 44_ 774 774 774
Alleg Corp 5s 43__ 684 68 68
Alleg Corp 6s 50 std.. 414 414 414
Allee & Westn 4s 98 594 52 59
Allied Stores 4 4s 61 964 964 964
Am & For Pw 5s 2030 614 614 614
Am Inti 54s 43_ 104 104 104
Am TAT3Vis61_ 109 109 109
Am T & T 3 4s 66_1084 108 108
AmT&T5V4s43 . 108« 108$ 108tf
Anaconda db ♦ 4s 60 106, 1064 1064
Armour! Del)lst4s 55 1004 1004 1004
ArmourlDelMs 57 .. 1004 100 1004
A T&S Fe gen 4s 95__ 1054 1054 1054
A T&S Fe 44s 48 . 1024 1024 1024
Atl&Ch A L 44s 44. 95 95 95
Atl Coast E 1st 4s 52. 744 744 744
Atl Coast E 4 4s 64__ 58 574 574
Atl Coast E 5s 45 _ 74 74 74
Atl & Dan 2d 4s 48 .. 334 334 334
Atlantic Refin 3s 53 . 1064 1064 106',
Aust & N'orthn 5s 41. 82 82 82
B & O 1st 4s 48 __ 654 654 654
B & O conv 4 4s 60_ 154 154 154
B*O44s60ct_ 154 154 154
B & O 1st 5s 48 _ 684 684 684
B&0 1st5s48ct__ 66 66 66
B AO ref 6s 95 _ 264 254 264
B & O ref 5s 95 Cf_ 254 264 254
B A O 5s 96 F ct _ 26 254 26
B A O ref 5s 2000 D . 26 254 254
B & O rf 6s 2000 D ct- 254 254 25 4
B A O ref 6s 95 _ 274 274 274
B A O ref 6s 65 ct_ 274 274 27' ,
B & O Swn as 50_ 444 44 414
B & O Swn as 60 ct .. 424 424 424
Bell T of Pa 5s 48 B . 1154 115-4 1154
Beth Steel 3Vis 69 F 1004 100 4 1004
Beth Steel 3 4s 52 .. 1054 105 10,V*
Beth Steel 3%s 66_ 1054 1054 1054
Beth Steel 4Vis 60 . 1084 108 1084
Bos & Ale 4 Vi s 61 JJ. 421y, 414 424
Bos A Me 5s 55_ 43', 414 424
Bos & Me 6s 67 _ 43 42 424
Brklyn City R 5s 41.. 69 69 69
Bklyn C RR 5s 41 cl's 684 684 684
Bklyn Ed cn 3Vis 66 . 1094 1094 1094
Bklyn Man T 4%s 66 844 844 844
Bklyn Man 4 4s 66 ct 84 834 834
Bklyn Un El 5s 50 . 90 90 90
Bklyn Un El 6s 50 ct. 874 874 874
Bklyn Un Gas 5s 45.. 1124 1124 1124
Bklyn Un Gas 6s 50_ 944 944 944
Bklyn Un G 5s 67 B.. 105*. 1054 1054
Bklyn Un G rf 6s 47.. 113 113 113
Buff R&P cn 4Vis 57. 374 37 37
Calif 5reg Pwr 4s 66 1034 1034 1034
Canadian NR 4 4s 51 1014 101 1014
van nu i wu__2 iUl'2
Can NR 4 %s 57_ 101% 101% 101%
Can NR 4%s 55_ 103% 103% 103%
Can NR 5s 69 July_104% 104% 104%
Can NR 5s 69 Oct_105% 105% 105%
Can Nor e'/js 46 _111% 110% 111%
Can Pac db 4s perp_ 62% 62% 62%
Can Pac 4%s 46_ 84 83% 83%
Can Pac 4 %s 60_ 73% 73 73%
Can Pac 5s 44_ 108 108 108
Can Pac 5s 54_ 81% 81% 81%
Cent Foundry 5s 41... 76% 76% 76%
Cent of Ga cn 6s 45... 7 6% 6%
Cent Pac 1st rf 4s 49. 68 68 68
Cent Pacific 5s 60_ 51 50% 50%
Cert'd deb 5%s 48 .. 75% 75 75
Ches & Ohio 3 %s 63 F 104% 104 104'*
Clies & O 3%s 96 D._. 99% 99% 99%
Ches & O 3 %s 96 E_ 99% 99% 99%
Chi B&Q gen 4s 58... 90% 90% 90%
Chi B&Q 4%s 77_ 80 80 80
Chi &E 111 6s 61_ 17% 17% 17%
Chi Grt West 4s 69 ... 25% 25% 25%
Chi lnd & Eou 5s 66.. 7% 7 7%
Chi lnd & E gen 6s 66 7% 7% 7%
Chi Mil & St P 4s 89.. 24% 24% 24%
CM&StP 4 %s 89 C_ 25 25 25
CM&StP 4 Mb 89 E_ 24% 24% 24%
Cht Mil & St P 6s 75.. 6% 6% 6%
CM&StP adj 5s 2000.. *1% 1% 1%
Chi&NW gen 3 %s 87. 12% 12% 12%
Chi & NW gen 4s 87_13% 13% 13%
Chl&NW 4%s 2037... 8% 8% 8%
Chi&NW 414s 2037 C. 8% 8% 8%
Chi & NW cv 4lis 49. 3% 3% 3%
Chi&NW rf 5s 2037_ 9 9 9
Chi Rl&Prf 4s 34_ 5% 5 5
Chi Rl&P gen 4s 8/_13% 13% 13%
Chi Rl&P 4%s 52 A— 6 5% 5%
ChlRI&Pcv 4%s 60.. 2 2 2
Chi Un Sta 3%s 63... 107% 106% 106%
Chi Un Sta 4s 63 D—_ 106% 196% 106%
Childs & Co 6s 43_ 50 50 50
Cin G & E 3%s 66 109 109 109
CCC&StECW&M 4s91 46 46 46
CCC&StE rf 4 V^s 77.. 50% 50% 50%
Clev El 111 3 %s 65- 1091a 109% 109%
Clev Un Ter 4 %s 77.. 73% 73 73%
Clev Un Term 5s 73.. 79% 79% 79%
Clev Un Ter 6^s 72.. 90 89% 90
Colo F & Ir 6s 70_ 70% 70% 70%
Colo & So 4 %e 80_ S3 S3 33
4*
High. Low 2:65.
Col G & E 6a 52 May.. 106 104% 105
Col G & E 6a 61 _104% 104% 104%
Colum RP&L 4s 65... 108% 108% 108%
Comw Ed 3 %s 6S_128% 127% 127%
Coraw Ed 3%s 68-110% 110% 110%
Conn R Pw 3% 61_109% 109 109
Cons Ed N Y 314> 46. 106% 106', 106%
Cons Ed N Y 3 %s 66. 106% 106% 106%
Consol 011 3 %s 61 . 104% 104% 104%
Consum Pwr 3 \*s 66. 106 105% 106
Consum Pwr 3Hs 70. 110% 110% 110%
Container deb 5s 43.. 102 102 102
Crane Co 3 %s 51_ 105 105 105
Crown C&S 4s 50_ 105 104% 104',
Crown C & S 4%s 48 103% 103% 103%
Crucible Steel 4 %s 4* 101% 101% 101%
Cuba R 1st 5s 62 ... 35 35 35
Cuba RR 7%s 46 A... 45 45 45/
Del & Hud ref 4s 43 60 59% 59%
Den & R G con 4s 36.. 8% 8% 8%
D * R G W 5s 55 ast.. 2% 2V* 2%
Det Edison 4s 65 .. Ill', ill m%
Duouesne Lt 3%s 65. 107%. 107% 107%
Elec Auto Lt 4s 52... 107% 107% 107%
Erie cv 4s 53 A_ 19 19 19
Erie 1st 4s 96_ 53% 53 53
| Erie gen 4s 96__22% 22 22%
Erie gen 4s 96 reg_ 19% 19% 19%
Erie ref 6s 67_ 15% 15% 15%
Erie ref 5s 75 ... 15% 15% 15%
Erie & Jersey 6s 55... 51 51 51
Firestone T 3 %s 48 __ 105% 105% 105%
Francisco Sug 6s 56.. 60 50 50
Gen Cable 6%s 47 .. 102% 102% 102',
Gen Mot Acc 3 %s 51. 107 106% 106%
Gen Stl Cast 5%s 49.. 66% 66 66%
d r\r\A risk 4 1/ e CC 1/11 : 1 o it. i/t / ,
Grt Nor Ry 3 6is 67... 72 72 72
Grt Nor Ry 4s 46 G_. 1004 994 99',
Grt Nor Ry 4s 46 H . 884 884 884
Grt N Ry 1st 44s 61. 1054 105'., 105',
Grt NR 4 Hs 76 D 814 81.4 814
Grt N R gn 4 4s 77 E 824 814 82
Grt Nor Ry 6s 73 ... 914 914 914
Grt Nor Ry 54s 52... 974 974 97',
Gulf M&N 54s 50 ... 854 85 85
Gulf Sta St! 4 4s 61.. 964 964 964
Gulf St Util 34s 69.. 1084 1084 1084
Har Rlv & P 4s 54_ 61', 614 614
Hoe(R)lst mtg 44_ 764 76 764
Housatonic cn 5s 37.. 44', 44', 41*,
Houston 011 4 4s 54_. 974 97', 97',
Hudson Coal 6s 62 A. 344 334 844
Hud & Man Inc 5s 57. J34 13 134
Hud & Man ref 5s 57. 474 47 474
111 Bell Tel 314s 70 B. 1104 1104 110',
111 Cent 4s 52 - 45 45 45
111 Cent 4s 53 _ 45 45 45
111 Cent ref 4s 55_ 47 464 47
111 Cent 46,s 66 _ 45 444 45
111 Cent ref 5s 55 _ 53 5*', 53
ICC&StL NO Ks 63 A.* 484 47', 484
Ind Bloom & W 4s 4" 994 994 994
lndust Rayon 4'is 48 102 1014 1(114
Inland Steel 364s 61.. 109 109 109
Int li T 1st rf as 66 74', 744 744
lnt R T 1st rf 5s 66 ct 744 744 744
lnt RT 6s 32 _ 314 31 3P,
IntRT7s32ct _ 734 734 734
Int Grt Nor 5s 56 B... 12 12 12
Int Grt Nor as 66 C ... 124 12 12
Int Grt Nor 1st 6s 52. 14 14 11
Int Grt Nor adj 6s 52. 14 14 14
Int Hydro E! 6s 44_ 72 714 72
Int Mer Mar 6s 41_ 704 704 70',
Int Paper 1st 5s 47... 103 1024 103
Int Paper ref 6s 55... 984 98 99
Int T&T 44s 52_ 39i, 394 394
Int T&T 5s 65 _ 43 424 424
Jones & I. Stl 44s 61 944 91 94
Kans C FtS&M 4s 36. 29 284 29
Kans City So 3s 50 68 67 67 j
Kans City So rf 5s 50 664 66 06
Kans G & E 4 4s So . 1041, 1014 1044
Hoppers Co 4s 51 ._ 1044 104 1044
Kresge Found 4s 45__ 105', 1054 1054
Laclede Gas 5s 39_ 90 894 90
Laclede Gas 5s 42 ... 834 834 834
Laclede Gas 54s 53 . 49 484 48',
Laclede Gas 6s 42 A . 434 42*. 424
Lake S & M S 34s 97. 824 824 924
Leh Val C 5s 64 std... 264 26', 26'i
Leh Val C 5s 74 std... 264 264 264
Leh Val Har 5s 54 ... 41 44 44
L V RR con 4s 2003.. 154 154 154
L V RR 48 2003 asd 154 15 154
L V RR 44s 2003 asd 154 154 154
L V RR 5s 2003 asd.. 164 164 164
Llgg & Myers 5s 51._ 1294 1294 1294
Loew s 3Hs 46_ 102 .• 102 102',
Lorillard.as 51_ 1264 1264 1264
Lorillard 7s 44_ 1264 1264 126',
La & Ark 5s 69 ... 84 84 84
L & Nash 36,s 2003.. 82 82 82
L & N unit 4s 40_1014s 10144 101j{
L & X St L 3s 80 _ 81 804 81
Me Central 4 4s 60—_ 544 544 54',
I Manatl Sugar 4s 67_ 40 40 tot
Manhat Ry 4s 90 ct 80 80 80
Marlon St Shov 6s 47. 65 65 65
[ Mead Co 6s 45_ . 105', 105 1054
alien e ons uas is HU'* HU'a HU 4
I Mil & St Line 3 Vis 41. 29!» 294 294
Mil Spa & NW 4s 47.. 14 14 14
| MStP&SSM cn 4s 38.. 54 54 5',
| MStP&SSM 54s 49.. 14 14 14
! MStP&SSM 6s 46 ... 14 P, 14
Mo K & T 1st 4s 90_ 28 27'* 27'.
Mo K&T 6s 62 A _ 174 174 174
Mo K&T adj 5s 67_ 7 7 7
Mo Pac 4s 75 _ 34 34 34
Mo Pac 6s 65 A_ 14 14 14
Mo Pac 6s 77 F_ 15 134 144
Mo Pac 5s 78 G_ 144 144 144
Mo Pac 5s 80 H_ 144 14 144
Mo Pac 5s 81 1 _ 144 14 14 .
MoPac5V4s49 _ p, 14 14
Mob & Ohio 5s 38 .. 324 32 32
Monong P S 4’js 60.. 1094 1094 1094
Monong P S 6s 65_ 1104 1104 1104
Mont Pwr 3?*s 66_ 1004 100 1004
Montr Tram 5s 41 86 86 86 I
Morrls&Es 3 Vis 2000 434 434 434
Nasbv C&L 4s 78_ 67 67 67
Nassau Elec 4s 61... 474 474 474
Nat Dairy 3Vis 51 ww 106', 106'. 106',
Nat Distill 34s 49... 104 104 104
Nat Steel 3s 65 .. 1024 1024 1024
New E T&T 4 Vis <1 125 1244 125
New Jer-P&L 4 '2s 60 107', 107», 107',
New Orl G N R 5s 83. 70 694 70
N>w ".IPS 5s 52 A 1034 1034 1034
Ni Dr) Ter 1st 4S 53 68 68 68 j
N* ., T&M 6s 54 B 35 35 35
New orl TAM 5‘is 54 364 364 364
N Y Central 3 Vis 62.. 584 58', 58*.
N Y Central 3 Vis 97 . 79 78V. 784
N Y Central 3&,s 4676 754 754
N Y Central 4s 42 ... 86 86 86
N Y Cent con 4s*)8 594 59 594
N Y Cent 4‘is 2013 A 524 52 524
N Y Cent rf 6s 2013.. 584 58 584
NYCL Sh 3 Vis 98 .. 564 564 564
N Y Chl&StL 4s 46.. 79 79 79
N Y Chl&StL 4‘4s 78. 544 54 544
N Y C&StL 5V4s 74 A. 62 614 62
NY Chl&StL 6s 41. 82 82 82
NY NH & H 3 Vis 54.. 15 16 15
NY NH & H 4s 55_ 164 16 16
NY NH & H 4s 56 ... 16 16 16
NY NH & H 44s 67.. 19 19 19
N Y O&W ref 4s 92... 5*4 54 5'.
N Y Steam 3‘.is 63.. . 1044 104!, 1044
N Y Tel 3Vis 67 _110 110 110
Norf & W 1st 4s 96... 124 124 124
North Am 4s 59 .. 1074 107!4 1074
Nor’n Pac gn 3s 2047. 41 404 404
Nor’n Pac 4s 97 66 654 654
Nor’n Pac 4 V4s 2047.. 444 44 44
Nor’n Pao 6s 2047 D.. 47', 474 474
Nor’n Pac 5s 2047 C_ 474 47*» 474
Nor’n Pac 6s 2047_ 544 644 644
Ohio Edison 3 s,is 72.. 106', 106', 106*.
Oreg RR & N 4s 46_ 1104 1104 1104
Oregon W RR 4s 61_ 1054 105 1054
^ac G & E 3 V, s 61_1114 111 1114
Pac G & E 4s 64_1124 112** 112*.
Pat & P G E 5s 49_ 1244 1244 1244
Penn Co 4s 63 .. _1034 1034 1034
Penn O&D 4 Vis 77_ 974 974 974
Penn P&L 3 Vis 69_1084 1084 f0g*»
Penn P&L 4%s 74_ 108 1074 1074
Penn RR 3 Vis 62_ 854 854 854
Penn RR 3 9is 70_ 884 88*. 884
nn 4. a o 1 no 1 no 1 r. 11
Penn RRcn 4s 48 stp. 1X3% 113% 113%
Penn RR 4%s 81_ 97% 97% 97%
Penn RR 4%s 84_ 96% 96% 96%
Penn RR 4%s 60_117% 117% 117%
Penn RR en 4 %s 65_102% 101% 102
Penn RR db 4%s 70_86% 86" 86
Penn RR een 6s 68 107% 107% 107%
Peoples GL&C 5s 47.. 116 115% 116
Peoria & E 1st 4s 40.. 66 66 66
Peoria & E inc 4s 90.. 8 8 8
Phelps Dodge 3 %s 62 110% 110% 110%
Phila B&W 4s 43_109% 109% 109%
Phila B&W 4%s 77 C. 107% 107% 107%
Phila B&W 4 Va s *1 D. 107 107 107
Phila Co 6s 67__%105% 105% 105%
Phila Elec 3%s 67_111% 111% 1U%
Phila R C & Ir 6s 78.. 11 10% 11
Phila R C & Ir 6s 49_ 3% 3% 3%
Philippine Ry 4s 37._ 6% 6% 6%
Phillips Petrol 3s 48. 111% 111 111
PCC&StL 4%s ,77_ 99 99 99
Pitts C&Ir 4%s 52 .. 98% 98% 98%
Port Gen El 4 %s 60.. 80% 80 80%
Postal Tel & C 5s 53 18% 17% 18
Pub Svc E&G 3%s 68 111% 111% 111%
Rem R'd 4%s 56 ww. 99% 99V* 99%
Republic Stl 4%s 56. 95 95 95
Republic Stl 4%s 61. 94% 94 94
Republic Stl 6%s 64. 108 107% 108
Revere Cop 4%s 56... 99% 99% 99%
Roch G&E 3%s 69_107% 107% 107%
R I A & L 4 %s 14_ 7% 7% 7%
| Rutland RR 4Us U„ 8% 8% 8%
High. Low. 2:55
Satuenay Pw 4 4* 66 98 98 98
St L LM&S K&G 4s 3i 61 60 60
St L-Ran Fr 4s 60 A.. 11 104 11
St L-San Fr 4s 60 ct.. 104 104 104
St L-San Fr 44* 78... 104 104 104
St L-S F 414s 78 ct at. 10 10 10
St L-San F 6s 60 B_„ 114 114 114
St L-S F 6s 60 B ct... 11 11 11
St LS Wist 4s 89_59 rtO 59
St L South Wn 6s 62. 164 164 164
St P Un Dep rf 5s 72.. 114 114 114
San A&A Pass 4s 43 . 654 554 554
Schulco 64s 46 A stp 184 184 184
Seabd A L 4s 50 stp.. 144 .14 144
Seabd A L rf 4s 59 . 54 54 54
Seabd A L rf 4s 59 ct. 44 44 44
Seab'd A L con 6s 45.. 84 84 84
Shell Un Oil 2 4s 64.. 954 95 954
Silesian Am 7s 41_ 28 274 274
Simmons Co 4's 52_ 100 99-4 994
Socony Vac 3s 64 ... 1054 1054 1054
So Bell T& T 3s 79 ._ 1044 1044 1044
So Bell T&T 34s 62.. 1084 1084 1084
SouthnCal G4s 65 .110 110 110
Southn Cal G 4 4s 61 108 108 108
Southn Kraft 44s 46 994 984 994
So Pac 34s 46 _ 54 54 54
So Pac ref 4s 55_ 62 614 614
So Pac col 4s 49_ 454 454 454
So Pac 4 4*68_ 474 46'* 47
So Pac 44s 69- 464 464 46'*
So Pac 44s 81_ 46'. 464 46'.
So Pac Oreg 44* 77.. 504 494 50
So Ry ten 4s 66 A_ 58'* 584 584
So Ry 5s 94 _ 874 87 874
So Ry ten 6s 56- 754 75', 754
So Ry 64s 56 80'* 804 804
S W Bell Tel 34s 64 . Ill 111 111,
Stand Oil N J 2»*s 53 1054 1054 1054
Stand Oil N J 3s 61 .. 1054 1054 105',
Sturiebaker cv 6s 45.. 1014 1014 1074
Swift & Co 3s 50 106 1054 1054
Ter RR As StL 4s 53. 108'* 108'-.. 1084
Texarkana 5 4s 60... 894 894 894
Texas Corp 3s 59 .. 1054 1054 105’,
Texas Corp 34s 61 . 107 1064 1064
Tex & New Orl 5s 43 58 58 58
Texas & Pac 6* 77 B_ 70 70 70
Tex*Pac 1st 5s 2000 1094 109', 1094
Tex & P MPT 54s 64 96 954 954
Third Av ref 4s 60 .. 514 514 514
Third Av ad1 5s 60 . 144 144 144
I IU« VTHl Ull nm'i l"t>4 lOh'3
To] & Ohio C 3\s 60. 87 87 87
Tol St L&W 4s 50 -. 654 654 654
L'n El Chicago 5s 45-. 84 84 84
Un El(iMo)3 4s 62_ 108 108 108
Un Pacific 3 4s 70_ 97>j 974 97'..
Un Pacific 3 MtS 71_ 974 97 4 974
Un Pacific 1st 4s 47.. 11.34 11.34 1134
Un Pac ret 4s 2008 ... 1074 1074 1074
Un Pac 1st 5s 2008 .. 1144 1144 114'.
United Biscuit 5s 50. 109 1084 1084
United Drug 5s 53 79 79 79
U S Steel 3>4s 48 1064 1064 1064
Utd Stkyds4!/*s51ww 924 924 924
Utah L&T 5s 4 4 1024 1024 1024
Utah Pwr & Lt 5s 44. 103 103 103
Utility P & L 5s 59 . 89 874 89
Utility P & L 54s 47. 854 874 894
Vanadium 5s 41 _ 1034 10.3 103
Va Ky 1st 3%s 66_ 1074 1074 1074
Wabash 4 ».£s 78 C_ 84 84 84
Wabash 1st 5s 39_ 40 394 40
Wabash 5s 76 B_ 7 » 74 74
Wabash 2d 5s 39_ 18 18 18
Wabash 5tjs 75 ..... 84 84 84
Wabash Om 3 4s 41.. 13 13 is
Walworth 4s 55 ... 654 65-4 654
Warner Bros 6s 48 . 84 » 844 S44
Warren Bros cv 6s 41 334 334 334
W Pa Pw 1st 5s 63 E. 120 120 120
West Sh 1st 4s 2361 . 49 48 49
West Md 1st 4s 52 844 844 844
West N Y&P pn 4s 43 . 107', 1074 1074
West Union 4 50 - 65 65 65
West Union 5s 61_ 704 704 704
West Union 5s 60_ 68 674 674
Wheel & L E 4s 49 1144 1144 1144
Wheel Steel 4 4s 66 .. 974 974 974
Wilson & Co 3%s 47-- 98 98 98
Wilson&Co 4s 55 104 104 104
Wis Cent 1st gn 4s 49 17 17 17
WisC S&D T 4s 36— 74 7 7
Wis El Pw 3 4s 68 ... 1084 1084 1084
Wis Pub Svc 4s 61... 1094 1094 1094
Youngst'n S&T 4s 48 107 106 4 1064
Youncst'n S&T 4s 61 106 106 106
Baltimore Tobacco
Sales Total 37,261
Special Dispatch to The Star.
BALTIMORE. Jan. 17.—Total re
nnin4o ..,.7-1 4.1__
. JHWU IUWOC.VU n t UJC
Baltimore markei during the 1939
season were 37.340 hogsheads, of
which 374 hogsheads were 1939 crop
ground leaves, according to figures
just compiled. The market closed
just before Christmas and will re
open in the spring. Total sales
during the period were 37.261
hogsheads.
The figures indicate only a small
carry-over in sellers' hands of the
1938 stock.
During the five weeks before the
end of the year the receipts of
Maryland tobacco totaled 755 hogs
heads and sales reached 1.011
hogsheads. There were no receipts
of Ohio tobacco and sales totaled
18 hogsneads.
U. S. Dollar Is Steady
In Terms of Francs
Bj the Associated Press.
PARIS. Jan. 17.—The United
States dollar closed unchanged at
43.80 Irancs (2.283 cents to the
franc i in foreign exchange trading
today, compared with 2.250 cents to
the franc in New' York overnight.
Exchange on London. 176.625.
In bourse trading 3 per cent rentes
were 73 80 Irancs; 4'-s "A," 82 10
4i/2s 1937, 217.00.
Foreign Exchange
NEW YORK- Jan. 17 -P .—The foreign
money market discovered a smoother price
trail to follow today after the bumpy fluc
tuations of the last few days.
Aside from a j-cent drop in the British
pound leading European currencies re
mained unaltered in relation to the dollar.
Late rates follow (Great Britain in dol
lars. others in cents»:
Canada.
Official Canadian control board buying
rate for U S dollars, lin.w); selling rate
lll.Od. Open market rates. Montreal in
New' York. 88.12‘2; New York in Montreal,
113.58 V4.
Europe.
Great Britain, demand. 3.05: cables.
3.85*4: 8<i-day bills 3.»3»4. tto-day bills.
3.01*4 Belgium 10.85; Denmark. 18.33;
Finland I.OOn. France. 2.25: Germany.
40.25n: benevolent. 17.50; Greece. .73n:
Hungary. 17.H0n: Italy 5-05; Netherlands.
53.20: Norway. 22.7 3: Portugal. 3.87n: Ru
mania. .73n: Sweden 23.83; Switzerland.
22.43, Youngstown, 2.35n.
Latin America.
Argentina official. 29 77 free. 22.801
Brazil. 0.05; free 5.10; Mexico. lfi.SOn.
Far East.
Japan. 23.49; Hong Kong. 24.68. Shang
hai. 8.15.
(Rates in spot cables unless otherwise
Indicated. n Nominal).
Dividends Announced
NEW YORK. Jan. 17.—Prepared by
Fitch Publishing Co
Rate. Pe- Stock of Pay
riod. Record, able.
Extra.
Silex Co_ 5c . 1-31 2-10
Regular.
Bourne Mills . 20c Q 2-1 2-15
Crown Ck & Sea) Ltd 40c Q 1-31 2-15
Erie A Kala R R_.S1.37 ‘a .. _ 1-2H 2-1
Gemmer Manufac B 25c 1-20 2-1
Hanna. M A Co.
$5 pf SI.25 « 2-15 3-1
Oswego Falls _ 15c 1-20 2-1
Silex Co 30c Q 1-31 2-10
Walker. H. Good A
Worts. Ltd SI Q 2-27 3-15
Walker. H. Gooderham
A Worts pf.. 25c Q 2-27 3-15
Barnsdall Oil _15c _ _ 2-20 3-9
Continental Oil_25c . 3-4 3-25
General Foods _.50c Q 1-26 2-16
New York Bank Stocks
NEW YORK. Jan. 17 dPi.—(National As
sociation Securities Dealers. Inc.);
, Bid. Asked.
Bk of Am NTS ISFI (2.40)_ 35U 37'»
Bank of Man ( 80ai _ ltp4 is'/4
Bank of N Y (14) _ 430 440
Bankers Tr (2) __ __ 57 59
Bklvn Tr (4) so 85
Cen Han Bk A Tr (4>_103 lot;
Chase Nat (1.40) 35 37
Chem Bk A Tr (1.8(1)_ 4934 5134
Commercial (8) 170 176
Corn Bk A Tr (.80) _ 1 334 I5t4
Corn Ex Bk A T 13)_ 59 «(>
Empire Tr (.HO) __ 11‘a 12‘a
First Nat (Bost (2) _ 457s 477>
First Natl (100) __ _1910 •I960
Guaranty Tr (12) __ 291 29H
Irving Tr (.60) ___ _ 12'a l.i'a
Manufacturers Tr (2' __ 39 41
Manufacturers Tr pf (2)_ 51 W 53 W
Natl City (It_ 29 Vi 30»4
N Y Trust (5)_108 111
Public (lVa)-_.. 31 33
Till* a * *_-_ 8 W AW
Morgan, Stanley Co.
Asks S. E. C. Hearing
On Dayton Issue
Wants No Repetition
Of Consumers' Power
Bond Dispute
By the Associated Press.
Morgan. Stanley & Co.. New York
investment bankers, beat competi
tors to the draw yesterday and asked
the Securities and Exchange Com
I mission to investigate the propriety
! of the company’s underwriting a
proposed $25,000,000 bond issue of
the Dayton Power & Light Co.
Attorneys lor the bankers told
the commission that the question
of Morgan’s relation to the utility
probably would come up anyway,
and the bankers wanted the ques
tion settled as soon as possible. They
indicated they did not want a repe
tition of their experience in han
dling financing for the Consumers
Power Co. of Michigan, which was
held up several days by hearings.
At the bankers’ request, the com
mission ordered a hearing January
24. saying:
“It appearing to the commission
that Morgan. Stanley & Co. may
stand in such relation to the Day
ton Power & Light Co. that there
is liable to be or to have been an
absence of arm's length bargain
ing with respect to the transaction
whereby the Dayton Power & Light
Co. proposes to sell in excess of 5
per cent of the total offering of the
aforementioned bonds to Morgan.
Stanley & Co., it (the hearing) is
ordered. * * *”
I ' 1
Washington Produce
BUTTER—score tubs. 1-pound
I prints. :t:J'2. '4-pound prints. :t4 PM
i score, tubs, :iM l-nound prints. .T!1 j. '4- !
j pound prints :t.'t !H score tubs. :tl V 1-1
1 pound print .'tM‘«. U-pound prints h.'k*4.
1 !M» score tubs ;j l14 1-pound prints. hm >4.
‘4-pound prints .’JM1* K!‘ score, tubs
y.l'j. l-nound print" ‘4-nound prims. I
•T-'a: *8 score, tubs. 1; 1-pound prints.!
:U'.> '4-pound prints :$M
LIVESTOCK— Calves 11'*: lambs. !>*a: I
pigs. l*.’o-l4o pounds 4 75-5 no; HO-Mlo
pounds 5 ■,’5-5 5o M*’o-M4o pounds. .V<ni- ,
5 Mo. M40-:too pounds 4 50-5.00 sows. .
:t 50-4 00. whole undressed calves. 10-!
1 IP'
‘Prices paid net fob.. Washington *
EGGS—Market steady For eggs can- j
died and graded in Washington 'January
17* Whiter u S extras, large. M.'t cents:
U S extras, mediums M’o cents. U S. i
standards large Ml cents; U S standards. ,
mediums IK cents U S trade'. It; cents
For neaibv ungraded eggs Current re
! ceipts Whiles 11» to Mo cents; nnxed col
ors t" to 1 s cents.
I.IVE POULTRY Marke- 'teady Fowl
I Colored all sizes 15 to 1 *» cents No *’s.
s to 10 cen's rooster s to !• cents
; Chickens Virginia Rocks Broilers and
frvers ail sizr> 1 to If. ceir No M".
Iti cents Delaware Rocks and crosses
Broilers and fryers, all size? Ii‘y to 15
rents No Ms. v »o ]" cents mix. d colored
fryers 11 to im cents Turkeys Young
roms. 15 pounds and up. 15 cents young
hens, in pounds end up. Ik to 10 rents.
Younr guinea keatfi 1 *4 pounds, and up
1». cent' a pound old kea* ]<i cents a
pound Caoons »i pounds and over. IK to
MO cents -No. Ms and slips. It; cents.
Other Markets.
FLORIDA—lugs avocados
ALABAMA—Five bushel boxes water
cress
LOUISIANA—Two barrels shallots.
PENNSYLVANIA—Two hundred and
sixtv-fou*- .’.-pound baskets mushrooms
UNKNOWN ORIGIN — Thirty-three
crates mixed veeetables
APPLES—Market dull Bushel and 1 : .
bushel boxes Maryland Pennsylvania. Vir- 1
Kinia and Wes' Virginia U. S No 1
Grimes M'4-mch minimum. 05-75. M'»
mch minimum. K5-oo *>;*4-inch minimum
mostlv around 1 oh Sravman's. MU-mrh
minimum, 75-85 M'2-inch minimum !•«»
1 on Yorks M14-inch minimum 05-7 5;
\!'a-inch minimum. 85-1.00. Black Twigs j
•IP-inch minimum. oo-l 00. Mn4-inch j
minimum and .‘{-inch minimum. 1 oo-l lo j
Jonathans M «-inch minimum mostly
around ‘.‘a-incn minimum, n.v.mi, up
j licious. 2,4-inch minimum 05-75; 2*2
, inch minimum mostly 1 on. Northern
Spvs S'ark.' and McIntosh. 5o-1 <»0. as *o
size end condition Ganos 2 ’ 4-21 „• inches.
tn-5n mostly 4n. Bushel boxes and car- ;
tons Pennsylvania* Virginia ana West Vir- ,
I Kinia. fancy. Staymans. 11 :is-1 50s. 1 35- |
1 1 5m. *>4s-!oP. 1.40-1.05 Delicious. 113s
! 1 *>. is 1 35-1. 5m 72s-1 OOs. 1.50-1 75 1
Golden Delicious 113s-lH3s. 1.25-1.35: ;
; x*s-lOOs 1.4»i-l.Om combination U S *
l fancy and U S. No. 1 Paragons, all sizes. |
| 1.10-1.50.
POTATOES—Marker slightly .stronger.
Maine lMM-pound sacks. Green Mountain.
U S No 1 size A 2 15-2.25 U S No. 1.
‘.’-inch minimum. 2.25-2.35. New York.
; lMM-pound sacks round whiles. U. S. No. 1
I ! *10-2.00. Pennsylvania loo- pound sacks
Kaiahdins and Green Mountains. U. S No ;
1 2 25 round whiles. U S No. 1 l .no.
Idaho loo-pound sacks. Russet Burbanks i
’ U S No 1 2 25: bushel crates Bliss Tri
| umphs. U. S.%No. J. Florida. 2 no; Texas, j
S 1.7 5-2 Oil.
CABBAGE—Market steady Truck re
ceipts modeiate. Florida. 1'2-bushel ham
pers domestic round type, freight. 1.1 it; j
truck, packed locally fm-1 on New York,
oil-pound sacks Danish type 70-75.
CARROTS—Market steady California.
I.os Angeles crates bunched. 3.25. Texas,
halt crates, bunched. 1.35-1 •tic Pennsyl
tania. bushel baskets, topped, washed.
1 on
CAULIFLOWER—Market slightly weak
er. California crates. 1.40-1.35.
CELERY — Market steady Florida. Id
inch crates individually washed. :: dozen.
7 7-V.j tt dozen- 7.50; k-io dozen. 2.75:
California. 3-tj dozen half crates, indhid
i ually washed, 2.50-2.75: lti-mch crates.
! 2.50
LETTUCE—Market, steady Lo<= Angeles :
1 crates Arizona 5 dozen 2 50-3.00: 0 doz
| en ordinary to fair condition. 2 on2.50
California. 5 dozen. 3.25. >
ONIONS—Market steady 50-pound
sacks yellow s. U S. No. 1 New York. 80
s5 Ohio }»o: Colorado and Idaho^ 50
pound sacks. Sweet Spanish. U. S. No. 1. •
3 inches and larger 1.10-1-15.
PEAS—Market dull Truck receipts very j
light. Florida, bushel hampers, small pods,
fair condition. 1.25.
SWEET POTATOES—Market steady
Maryland, 'bushel baskets. Goldens. U. S
No. 1 85-04): bushel baskets. Nancy Halls.
75-85 Anne Arundel County, bushel hamp
ers Nancy Halls 85-00. North Carolina,
bushel baskets. Puerto Ricans, packed lo
cally. 75. , _ .
TOMATOES—Market steady. Truck re
ceipts very light. Florida, truck, lug boxes,
ripes and turning, wrapped. 0x0, 1.50-2.00;
few best. 2.50.
BROCCOLI—Market about steady. Cali
fornia. crates. 2.25-2.50. fair condition.
2.00.
STRAWBERRIES—Market weak. Truck
receipts light. Florida. 30-pint crates, per
pint. 10-17. , .
AVOCADOS—Market steady Truck re
ceipts light. Florida, flat crates, 1 25
1.50: fair condition, l.oo.
LIMES—Market steady Truck re
ceipts light. Florida, quarter boxes Per
sians. 1.50*1.75.
SPINACH—Mai ket steady Truck re
ceipts light. Bushel baskets Savoy type.
Texas. 1.4)0-1.10: Norfolk section 75.
SNAP BEANS—Market dull. Truck re
ceipts very light Florida, bushel ham
pers. Black Valentines. 1.50-1.75: fair
condition. 1.25. ,
LIMA BEANS—Market dull. Truck re
ceipts very light. Florida, bushel ham
pers. 2.75-3.00.
PEPPERS—Market steady. Truck re
ceipts very light. Florida, bushel ham
pers. green. 1.25-1.50.
SQUASH and CUCUMBERS—Supplies
insufficient to quote.
EGGPLANT—Market dull Truck re
ceipts liRht. Florida. Pi-bushel crates,
fair quality. 1.25-1.50.
COLLARDS—Market w'eak. Truck re
ceipts moderate. Norfolk section, bushel
baskets. 45-55.
KALE—Market steady. Truck receipts
iight. Norfolk section, bushel baskets.
55-05.
HANOVER SALAD—Market steady.
Truck receipts very light. Norfolk sec
tion, bushel baskets. 05-75.
T-T1 nVTTn rT'FVnO in.xfGnl.Mf In
quote.
ESCAROLE—Market dull Supplies very
light. Florida. l'2-bushel hampers, very
few sales. 75
BRUSSEL SPROUTS — Market slightly
stronger for best stock. California. 25
pound dtums. 2.25-2.50; fair condition.
2.00
MUSHROOMS—Maryland and Pennsyl
vania. :t-pound baskets. 30-65; mostly
40-50
PARSNIP8—Pennsylvania.12-bushel bas
kets. 40-50.
RHUBARB—Michigan. 6-pound cartons.
50.
ORANGES—Florida, boxes. 1.50-2.00. as
to grade and size
GRAPEFRUIT—Florida. boxes. 1.60
2.00. as to grade and size; few special
marks higher.
TANGERINES—Florida, ‘-.-bushel boxes.
1.00- 1.50. as to grade and size.
LEMONS—California, boxes. No. 1.
5.00- 5.50; No. 2. 400-4 25.
CHESTNUTS—Portugal. 5-8 per pound
PERSIMMONS — California. 10 - pound
lugs 1.00.
PEARS—Oregon, boxes. D Anjou. 2 00
2.50
KUMQUAT8—Florida. 42-quart crates,
2.00- 2.25.
BEETS—Texas. crates. 1.25.
PINEAPPLES—Crates. Florida. 5 00
5.50: Cuba. 3.00-4.00; poor, low as 2.00.
PARSLEY—Texas. '* crates. 1.25
GRAPES—California, lugs Emperors.
1 75-2.00; Almerias 2.00: Ribiers. fair
condition. 1.50.
A standard cord of wood has about
the same heating value as a ton of
coal.
NEW YORK CURB MARKET
Stock and Sales—
Dividend Rate. Add 00. HIzh. Lew 2:55.
Ala Power Df (7) 20* 1054 1054 1054
Alum Co Arn(6g) 560*1514 150 1514
Alum Co of (6).. 50*116 116 116
Alum Ltd <4.25g) 200* 1014 1004 1004
Alum Ltd pf («)_ 100* 105 105 105
Am Beverage- 1 14 14 14
Am Cap pf 1.25d 2 20 20 20
Am City PALI B) 2 14 14 14
AmCyriam A.60a 20a 334 334 334
Am Cynam B.60a 14 334 33 334
Am Expt L (.65*) 8 164 164 164
Am Gas&K 1.60a 4 364 364 364
Am Gen pf (2)... 175a 254 254 254
Am Hard R 2.50* 100a 124 124 124
Am Laund M .80. 1 16 16 16
Am Maracaibo... 1 4 »4 4
Am Pneumatic_ 1 4 4 4
Am Republics.-. IS 7 64 7
Am Superpower.. 28 A 4 4
Am Sup lstpf(6) 300s 714 684 684
Am Thread pf .25 1 34 34 34
Appal El P pf(7). 10s 114 114 114
Ark Nat Ga* A .. 2 24 24 24
Ark P A L pf (7). 40a 984 984 984
Ashland O&R 40 1 54 54 54
Aaaoc Gas ft Elea 1 A A &
Assoo GasftEl Df. 4 24 2-4 2 4
Atlas Drop For* 1 24 24 24
Atlas Plyw’d .26* 1 144 144 144
Azton Fisher A.. 120s 50 50 50
Ayshire Patoka.. 1 34 34 34
Babcock ft WU... 1 204 204 204
Baldwin Lo war. 1 64 64 64
Baldw L pf 2.10.. 100a 25 25 25
Bath Iron ... 4 114 11 11
Baecb Aircraft.. 3 7*7 7
Ballanca Aircraft 3 64 64 64
Bell Aircraft .. 5 19 184 19
Bell Tel Can (8) . 40a 1344 1344 1344
Bens & 11 pf (3d) 25a 46 46 46
Bliss (EWl_ 3 134 124 124
Blue Ridge .. 2 14 14 14
Blue R cvpf <3h). 3 42 42 42
Bowman-BUt_ 1 4 4 4
Bowman B 2d pf. 1 14 14 14 I
Brazilian T ft L, . 2 7 7 7 I
Breeze <2or pf .50*. 3 54 5»» 54
Brewst Aero .20* 81 11', 114 114
Brldgp't Machine 1 24 24 24 I
Brill (A) .. 1 24 2-4 24 !
Brlt-A T hr .868*. 1 19 19 19 ,
Brown HuDber 47 24 24 24 1
B'keye P L 2.DO*. 250a 334 33 334 I
B N&EP Df 1.60.. 4 21', 214 214 i
B N&EP 1st (6).. 50a 1054 1054 IO04 ]
Cab El Prod vtc 2 ft ))
Can Col Airways 4 64 64 64 I
Cap City Pro .15* 50s 84 84 84
Carneeie Met .. 2 4 4 !
Caro P&L pf <7)_ 10s 104 104 104
Carrier Corp ... 7 iz4 124 124.
Catalin Am .15*.. 4 24 24 24
Celluftiid pf _ 50s 23 23 23
Cent N Y Pwr pf 6 70s 994 99 99';
Cant P& L pf (7) 50a H04 1104 1104
Chesebroda) . 50s 113 113 113 j
Clues Service_ 4 44 44 44
Cities Service pf 1 564 564 564
Cit Ser P&Lpf (6) 20a 91 91 91
Cit Ser P&Lpf (7) 20s 96 96 96
Clev Tractor _ 2 54 54 54 |
Colts Pat F A 2a_ 5"s 80 80 80
Col G ft E pf (51. 100s 674 674 674
Comwlth ft s war 10 A A A
Consol Gas Util.. 4 1* 14 14
Conti G&E prpf 7 20s 97 96 96
Copper Range .. 150s 44 44 44
Copperweld .80.. 2 154 154 loS
Cosden Peuolm . 2 14 14 14
Creole Petm ,5ua 5 214 214 214
Cr n C'k lnt A 2,7k 1 74 7 . 74
Payton Rub ,2ie 200a 174 174 174
Mecca ltec 2tie 9 7', 74 74
P<. jay Stores ,2"e 1 44 44 44
Dei G&.\1 pf 1.20. 1 174 174 174
Pet Gray Irn .via 1 14 14 1 ,
Diam’d Shoe (2). 75s 264 264 26',
Divco Twin 4Ug 2 74 74 74
Domln Stl & Coal 1 114 IP, 114
Dubilier Con ,13g 2 14 li 14
Eastn G&F 6 pf 100s 20 20 20
E G&F pi pf 4.50d 100s 434 434 434
Eisler Elec .08g_. 1 14 14 14
Elec Bond ft Sh . 14 74 74 74
Elec B ft S pf (5) 1 58 58 58
Equity Corp _ 4444
Equity cv pf (8). 75a 24 24 24
Esquire (.60)_ 1 4 •» 44 44
Fairchild Av.40g 1 104 104 104
Fanny Fai 1.50a. 100s 234 234 234
Fansteel Metal.. 2 11 11 11
Fldelio Brew ..3 4 4 4
Fire As Phlla 2a. 10s 67 , 67 4 674
Fisk Rubber 12 144 11, 144
Fla P&L pf 1.75k 100s 1004 100 100!;
Fruehaut Trad) 13 294 29 294
Gen Alloys _ 3 l-. Pi p,
Gen Sharehold 1 14 14 14
Gen Share pf(6h) 60s 734 724 724
Gen Tel pf (3 I 2 504 504 504
Gen T&R pf A (61 10s 104 104 104
Glen Alden C .25* 8 64 64 64
Goldfield Consol. la A A
Gray Mf* ... 1 104 104 104
G A & P nv 7.5(Jg 25s 110 110 110
GA&P 1st pf (7). 25s 134 134 134
Grocery Prod . 5 2 * 24 2',
Grum'n Air l.Oag 6 15 15 Id',
Gulf Oil o# Pat 1 I 12 364 364 364
Gul St Ut pf 5.50. 150s 111 1104111
Hartford Rayon. 1 14 p, p,
Hazeltine 3.50* . 1 284 284 284
Ma.'i rn Han Ct r n# Qdfla Ort 1 ft <*,»
Hecla Min (.3og) 5 74 64 74
Heller < WE).4Ua 1 84 84 84
Heyden Ch 1.60a 100s 70 70 70
Hires (A) (2a) 100s 54 54 54
Humble 011(3.50) 3 62 614 62
Huyl Del pf st(r). 50s 74 74 74
Hvgrade Food . 5 24 24 24
Hvgrade Sy (2b). 50s 304 304 304
Ul-la Power pf.. 6 26 254 26
111-ia Pwr di v ct_ 3 54 54 54
Imp Tob Can ,40a 2 124 124 124
Imp T GB l.llfg. 4 224 224 224
Ins Co N Am 2a.. 50s 714 714 714
Int Metal Ltd A 150s 124 124 124
Int Pa&Pwr war. 3 24 24 24
Int Petrol'( 50a). 13 174 174 174
Int Utilities (B). 2 4 4 4
Int Vitamin 30g_ 2 34 34 34
Interst H Eq .50 3 74 74 74
Interst Hos Mills 1 12 12 12
Iron Fire vtc 1.20 350s 164 16 164
Jacobs Co 1 24 24 24
Jer CP&L pf 6.50 25s 90 90 90
Jones & Lau Stl.. 2 294 294 294
Lake Shore M(3) 1 244 244 244
Lane-Wells (1).. 2 94 94 94
Lehigh Coal .10g. 1 24 24 24
Line Mater’i .50g. 60s 94 94 94
Locke Steel 1.20.. 60s 134 134 134
Lone Star .70s_ 3 94 94 94
Long Island Ltg. 2 14 14 14
Long Isld Ltg pf. IsOs 45 444 45
Long lal Ltg pf B 325s 424 424 424
La Land & B ,35g 2 54 £4 54
Ludwig-B pf TtC. 50s 26 25 25
Majestic Radio.. 1. 4 4 4
Mead John (la).. 25s 155 155 155
Memph N G .50g. 1 44 44 44
Mercantile Strs.. 60s 154 154 154
Metro Ed pf (6).. 40s 1054 1054 1054
Mich Bumher_ 30 4 4 4
Mich Sugar 1 H tt fj
Mid St Pet B .lue 1 4 -4 4
Minn M&M 2.40g 300s 584 584 584
Molybdenum 2 64 64 64
Mont Ward A (7) 30s 171 171 171
Moody ptc pf (3). 25s 26 26 26
Mount City C log 1 34 34 34
Mt State T&T(7) 10s 1384 1384 1384
Nachman Sp .25e. 1 114 114 114
Nat Auto (.25e)_. 18 8 8
Nat Fuel Gas (1). 11 124 12 12
Nat Oil P 1.85g._. I 41 41 41
Nat P & L pf «8). 400s 944 94 94
Nat Rub M .30g.. 1 34 34 34
isat t ransit .sag. » s*1** p »'/4
Nat Tunnel & MId 1 lb lb lb
Nebr Pwr pf (7). 10s 116 116 116
NEPAspfl.aOk 50s 75 74 b 75
NJ Zinc (2a) ...100s 66 6S 66
Newmont (3.50g) 6 72b 71b 711»
NT Shipbld fd ah 1 16 16 16
N T Water Svc pf 30s 27 27 27
Nlag Hudson Pwr 64 5S 5b 5 b
Niag Hud A war. 21 4 4 4
Nlag Hud 1st (5) 25s 87 87 87
Niles-Bem-P(lg) 1 59b 59b 59b
N’tpissing A1 .lag- 1111
Noma Elec(.30g) 1 4b 4b 4b
Nor A R orpf (3). 30s 51b 51b 51b
North’n P L. .30g, 1 6b 6b 6b
North'o Sta P<A) 3 12b 12b 12b
Novadel-Ag (2a). 2 36b 36b 36b
Ohio Edis pf (6). 25s 108b 108b 108b
Oldetyme Dlat_ 6 lb lb lb
PacGas 6bpf 1.50 3 33b 33b 36b
PenderG (B) lg. 2 13b 13b 13b
Peninsul Tel ,50e 100s 33b 33b 33b
Pennroad (.10g). 2 2 lb lb
Pa-Cent Airlines. 3 lib lib lib
Penn P&L pf (7). 25s 112 112 112
renn W &P (4).. 100s 72 71b 71b
Pharis T & R ,15e 1 7b 7b 7b
riiiia Co (.25e)._. 2 7b 7b 7b
Phoenix Secur 3 7 7 7
Phoenix Secur pf 160s 35b 34 35b
Pitts PI G1 (4g).. 2 101 99b 101
Polaris Mining . 2 lb lb lb
Pratt&Lam 1.75g 1 20b 20b 20b
Pressed Metals . 19 9 9
Pub Sv Ind Jfi pf 50s 48 48 48 '
PS Ok pr In pf (6) 60s 104b 104b 104b
Pug Sd $5pf 1.25k 200s 85 84 84b
Puget 8'd PM of. 175s 80(4 29b 29b
*>
-.. >
wi.n nuu MBita—
Dividend Rate Add 00 High. Low 2:35
Puget SdP&T 1 12% 12% 12%
Republic Avlat’n 20 6% 5% 6
Reynolds Invest. 1 i -k i
Rio Gr V G vtc .. 20 % % %
Roes fc Pend( la) 1 12% 12% 12%
Rustless Ir .25g_. 2 14 14 14
Ryerson H_ 7 1% 1% 1%
St Regis Paper _ 1 2% 2% 2%
St Regis Pap pf.. 225s 62% 60 62%
SchilT Co (la).4 14 1.1% 14
Scullin Steel 18 8 8
Scullln Steel war 5 % % %
Segal Lock .... 1 % % %
Selberllng Rub 3 7% 7 7%
Sentry Saf Con . • 2 % % %
Shattuck-D 275g 3 6 6 6
Sher-Wilms 2.76g 250s 94 94 94
Simmons H&P_. 1 1% 1% 1%
Singer Jlfg (6)_. 10s 153% 153% 153'..
Sonotone (.15g).. 2 1% 1% 1%
So Penn Oil 1.50a 2 43 43 43
S C Ed pf B 1.60 1 30 30 .30
S C Ed pf C 1.375. 6 29 29 29
So Col Pwr (A) 5 1% 1% 1%
South P L <.30g)_ 2 5% 5% 5%
Spalding (new).. 1 2% 2% 2%
Stand C&S 1.6oa 4 14% 14% 14%
Std CAS cvpf 1.60 50* 20% 20% 20%
Stand OH lvy( la) 3 20% 20% 20%
Stand Prod 25g. 1 9% 9% 9 %
Sterling, Inc .20 . 2 2% 2% 2%
SunrayOil.log.. 1 1% 1% 1%
Tampa Elec 2.24. 2 35% 35% 35%
Technicolor (lg). 5 14 14 14
Texon Oil 1 2% 2% 2%
Thew Shov 1.50g 250s 19% 19 19%
Tol Ed pf (6)_ 30s 106V* 106% 106%
Trl Conti war 1 % *,
TubizeCh(A) 2g 60s 33% 33% 33%
C'dylite (.125g)._ 3 4% 4% 4%
Uni Cm WhStra 7 »« •% %
Unit Coro war_ 1 % % %
Unit Gas 21 1% 1% 1%
Unit LtSPwr (A) 1 1% 1% 1%
Unit Lt&Pwr <R) 10 1 l l
Unit Lt & Pwr pf 4 35 31% 34%
Unit Sh M 2.60a 175s 80% 80 80
Unit Specialties.. 1 4 , 4 * 4%
L' S Plywood_ 5 21 21 21
U S Stores _ 1 % % %
Unit Wall Paper. 6 2% 2% 2%
UnlvCorpvtc . 2 3% 3% 3%
Ut I'&L pf 1.17k 100s 63% 63 63%
IT Ml PA-I rf 1 r 1 •jru\r~ i *7 1*? 1
Utility & Indus . 1 Vi ><4 t4
Utilitv Ac Ind pf_ 1 l>a na na
Valspar Corp_ 1 1U I), it,
Waco Aircraft _ 3 4A4 4'„ 4\
West Tab & S lig. 100s 14* 14* 14 *
West Vac&C 1 2‘4 2»-4 2 *
W ichita Klv OH 1 &■■»„ 5-H 5 l*
Willson Prod.Tug 200s 10 10 10
Wolverine Pt C . 1 4 , 4 4
Wolverine T .4Off 1 0-* b-4 * •!
Wright Harg.40a 14 6% »i .
r In oankruP'cy or rrcnvershiD or beins
reorganized under the Bankruptcy Act ot
seeuntif'F assumed by >uch eompanieb
■Stock.'- sr> murker! art- fullv listed on the
Curb Exchange All o?hers are dealt in or
an unlisted trading basih Rates ol divi
dend. :r. the foregoing table arc annua
disbursement.- ba'Pri on ’he la."' quarterlj
or semi-annual declaraiion Unless other
^>e no’cd special or exira dividend.' ar»
no* included xd Ex dividend xr L>
rich's a Ai>o extra or extras d Accumu
la'eri ow.riends paid last ypar e Declarer
or oaid "ti far this year f Pav.-.ble ir
stock e Paid last ypar h Cash or stock
k Accumulated dividend* paid or upclarer
tins year. 111 Under rule ww WIU w<*r
runt." xw Without warrants war War
ran'' 7 T'; 11 r of trariine less than lU(
shares: sales are Riven in full
Libby, McNeill & Libby
Bonds Placed on Market
Special Dispatch to The Star.
CHICAO. Jan. 17.—Glore. For
gan 6c Co. and an associated grouj
ot underwriters are making public
offering today of $11.000000 Libbv
McNeill <N Libby first mortgage 15
year sinking fund 4 per cent bond)
at a price of 100 and accrued in
terest.
Other members of the under
writing group include Harrimar
.Ripley <N Co.: Blyth <V Co.. Inc.: thi
First Boston Corp.: Lehman Broth
ers; Goldman. Sachs & Co : Hay
den. Stone & Co.: Hornblower 6
Weeks: Kidder. Peabody 6c Co.
Lazard Freres & Co.: Lee Hig
ginson Corp., and White, Weld &
Co
Of the proceeds to be derivec
from the sale of the bonds $9.197.93(
will be used to retire the company';
first-mortgage 5 per cent 15-yeai
bonds, which will be called for re
demption April 1. 1940. The bal
ance will be added to working cap
ital and applied to the reduction o!
bank loans.
In addition to the present under
writing. Libby. McNeill's financia
plans include the conversion of tht
outstanding 6 per cent S100 pai
preferred stock into common stock
At a somewhat later date public
offering may be made by Glore
Forgan and associated underwriter;
of the Libby common stock repre
senting the shares owned by Swift
Co., which, after the preferrec
stock conversion, will amount tt
3.018.639 shares of a maximum oi
3.627.985 shares expected to be out
standing. Swift & Co. has made i
tentative agreement under whicl
these shares may be sold to Glore
Forgan & Co. and other under
writers during 1940. but has not ye!
made a firm commitment.
Celotex Corporation Net
For Year Is $741,756
By the Associated Press.
CHICAGO. Jan. 17.—The Celotex
Corp. and wholly-owned subsidiaries
reported today for the fiscal year
ended October 31. 1939. net earnings
of $741,756. equal to 93 cents a share
on the common stock
This compared with $518,358. or
58 cents a share on the common
based on present capitalization in
the preceding fiscal year.
Net sales for the year were the
largest in the corporation's history,
amounting to $12,317,935, as against
$10,574,242 in 1937, previous sales
record.
Bror Dahlberg. president, said
that notwithstanding the European
war. present indications were that
IUUU1L1UIK> ftliClLlilg tllC CUipUIH*
t ion's business would continue
favorable.
Low Interest Rate
To Continue, Says Potter
By the Associated Press.
NEW YORK. Jan. 17.—William
C. Potter, chairman of the Guar
anty Trust Co., looks for a contin
uation of the low rate of interest on
borrowed funds prevalent, in recent
years.
Speaking at the bank's annual
meeting today, he said:
"The slightly increased demand
for credit has improved the outlook
for bank earnings, but with the
large volume of excess funds at the
disposal of banks, it would be un
reasonable to expect an early change
in. the easy money conditions that
have prevailed in recent years.”
He noted the condition statement
of New York's leading banks at the
end of 1939 showed nearly 40 per
cent of total assets were in cash and
nearly 71 per cent in cash and
Government securities.
Mr. Potter said the “somewhat
exaggerated” ideas of the extent to
which the European war would
stimulate American business “have
moderated considerably," although
it was still generally believed i1
may help.
Industrial production in Italy Is
breaking records.
_1_
Steel Industry
Maintains Output
With Backlogs ;j
Buying Rate Will Not
Show Change Until
February, Is Forecast
{
By the Associated Press.
NEW YORK. Jan. 17 — Steel mills
are maintaining production at a high
rate largely at the expense of back
logs. Iron Age said today in &
weekly survey.
Operating schedules were cut only
one point to 85 per cent of the in
dustry's capacity this week, the re
view pointed out. but new business
is now averaging only about 50 per
cent of shipments.
“*. * * Many consumers are living
J off their inventories, which, though
| still not dangerously high, are suffi
I cirnt in manv instances tn carrv
through the next month or two,
longer if consumption should de
cline.” the steel magazine said.
“Considering this situation, steel
companies do not expect much
change in the rate of new buying
until mid-February at the earliest.
Meanwhile there will probably be a
gradual reduction in steel operations,
together with a balancing of con
sumers' inventories in line with con
sumption. which remains high in
many industries, notably automobile
manufacture, railroad equipment
construction. shipbuilding. farm
equipment manufacture and some
household goods, such as refriger
ators.
“Export demand continues to show
; promise. Tin plate is one of the
| items most sought after in the Unit
ed States, inquiries and orders com
i ing from many former customers of
belligerent countries.”
The Iron Age composite price
for scrap steel remained at $17.67
: for the fourth week as the trade
awaited clarification of the steel
outlook.
Two Manassas Banks
Elect Officers
| Special Dispatch to The Star.
| MANASSAS. Va. Jan. 17.—An
drew S. Robertson was elected pres
ident of the Manassas National
Bank at the annual stockholders
meeting. succeeding the late
Charles R. McDonald.
Other officers elected were R S.
Hvnson. first vice president: George
B Cocke, second vice president:
W. T. Thomasson, John H. Burke
and R. S. Hvnson. Finance Com
mittee. Directors are Robert Hutch
inson, W. E. Trusler, John H.
Burke. William Hill Brown, O. O.
Holler. Andrew Robertson. R. S.
Hjnsosn. George B. Cocke and W.
i T. Thomasson.
Directors named at the People's
National Bank of Manassas are
B. George Baker, E. R. Conner. A.
A HOOH. T. R Hurst. T. E. Dld
i lake. G. Raymond RatcliSe and
C. A. Sinclair.
Mr. Sinclair was re-elected pres
. ident of the People's National Bank.
. j and G. Raymond Ratcliffe was re
.1 elected vice president and cashier
. of that bank.
Stockholders of the First National
. Bank of Quantico elected the fol
lowing directors: C. C. Cloe, G. W.
Herring. T. F. Joyce. A. E. Mcln
teer. J. F. Mclnteer. H. Ewing Wall
! and Lt. Col. Louis E. Woods.
--
Chemical Industries Set
Pace in Construction
B> ihe Associated Press.
NEW YORK. Jan. 17.—Construe -
, tion in the chemical process in
1 dustries is setting a hot pace in
1940. Contracts awarded on cur
, rent construction projects total
$8,154,000, compared with $443,000
a year ago. Chemical and Metal
lurigcal Engineering reports in its
January issue.
Proposed work now under con
sideration totals $23,730,000. Out
! standing among the proposed proj
ects reported this month was the
construction of- an alkali plant at
Corpus Christi. Tex., for the South
ern Alkali Co., at an estimated cost
of $13,000,000.
Curb Bonds
DOMESTIC HiBh. Low. 1 P M.
Ala Power t %s 07_in.'! 10.4 10.4
Am PAL Os COlrt IOC’s 101% 101%
Appaiach E P 4s H:l _ 110 1 lo 110
Appaiach EP 4%s 48 . 107’. 107% 107*,
As El Ind 4%s 5.4 53% 5.4 54%
As G A E 4%s 49 . _ 17>, Id’, 17's
As G A E 5s 50 _. 17’. 17 17%
As G A E 5s 08 _ 17% 17 17%
As G A E 5%s 77 . 17’, 17’, 17’,
A' T A* T 5%s 55 A_ 08% 08% 08%
Atl City El 3%s 04 __ 107% 107% 107%
Bald Loco Os 50 : 1 07’, 107 >., 1 07 %
Bell Tel C 5s oo C ___ 110% llfi 110%
Broad River P 5s 54_101 % 101 % 101 %
Can Nor Pwr 5s 5.4 . 99% 99 99',
Caro Pw A Lt 5s 5* __107 107 107
Cen St PAL 5%s 54..... 72% 71% 77%
Chi Rys 5s 27 cod __ 49 49 49
Cin Str Ry Os 55 B _ 90 90 90
Cities S'C 5s 50 _ 75% 75% 75%
Pitips Svr is AS
Cities Svc os HO_ 77% 77 77
Cities Svc 5s 65) _ 75 75 75
Cit S PAL 5%s 57 . 110', !I0% 00%
I Cit S PAL 5%s 40 ««', SO", SO’,
| Comnty PAL 5s 57 07% 07 07%
! Cons G Util os ).') st _ so so so
I Cnnt G A E os 5s A Ml1, 0]', 91%
' Cudahy Pkg 3%.* 55 95% 95% 05’,
Del El Pw 5%s 50. 106 106 106
! East GAP 4s 56 A . 78% 78’, 78%
Edis El IIlu :t%s 65.. 11 O’, 11 O’, 11 O’,
El Pw A Lt 5s 7030 80 70', 80
Fed Wat 5%s 54 08 08 p*
Fla Par coupn 4s 06 _. OP', PP', PP’i,
Florida PAL 5s 54 104% 104% 104',
Gen Pub Ut 6%s 56 . PSN PS 98’,
Georgia Pw os 67 __ 106 106 106
Glen Alden Cl 4s 65 .. 70% 70% 70',
Houston Gulf H',s 43 107 107 107
111 Pw A Lt 5%s 57 08', 97% P7%
111 Pwr A Lt 6s 53 A _ 106', 106 106
111 Pw A L 5%s 54 B . '104% 104% 104%
111 Pw A L 5s 56 C . 107 107 107
Ind P A L 1st 3%s 68 . 10P% 10P>« lOP'i
Iowa PA L 4%s 58 A 108’, 108% 108%
Jackson G 5s 47 stp __ 45% 45 45
Libbv McN A* L 5s 47 _ 107 ". 107,*. 107,*,
Mil G A H 4%S 67_101% 101% 101%
Miss Pow 5s 55 .. 107% 107% 107’,
Nat PAL 6s 7076 A ..111*, 111% 111%
Nat PAL .is 7030 B 106 100 100
i New E G A E 5s 47 .. 65 64% 65
1 New E O A E 5s 48 65 64% 65
i New E G A E 5s 5n _. 05% 65 65%
! New E Pw 5%s 54. . PP', 99’, PP’,
New Or P S 6s 49 A .107', 107 10°
N Y S E A G 4%. SO 104% 104% 104%
N Y A- W 1/ 4s 7004 104’, 104 104’,
Ohio Pub Svc 4s 67 109 108’, nut
Pac Invest 5s 48 A_ 04 94 p»
Pac PA L 5s 55 _ PH’, PH 06%
Penn C LAP 4%s 77.. 101 % 1 01 % 101 %
Penn Elec 4s 71 F. _. 104% 104’, 104%
Penn Oh E 5%s 50 B 107 107 107
PeoD GLAC 4s 61 D6 07% 07% P7%
Peop GLAC 4s 81 B__ 06% 96', PR%
Potomac E 5s 56 E_. 108’, 108’, 108’,
Pur Sd PAL 5%s 40.. 100 PP’, 100
Pug Sd PAL 4%s 50.. 05% P4% 95%
Safe H Wa 4%s 79_. 108’, 10P% 108’,
S E PAL Hs 7075 A.. 110% 110% 110%
Sou Cal E 3%s 60 B__ 100’, 100% 109%
Sou Caro 5s 57_ 100’, 106% 100’,
So C Gas of Cai 4%s 68 105’, 105% 105%
Std O A E Hs 48 st__ 04% 04', 04%
Std GAE 6s 48 rv st__ 64', 64% 64%
Std Gas A El 6s 51 A.. 64 63% 63%
Std Gas A El 6s 57.. 64 64 64
Std Gas A El Rs 66 B_ 64 64 64
Stand Pw & Lt 6s 57.. 63', 63% 63%
Texas Elec 5s 60_1 04’. 104’, 104’,
Tex Pw A L 5s 56 .. 167% 107% 107%
Tide Wa' P 5s 70 A__ 101% lot ini
Twin C RT 5%* 57 A 64 04 64
Ulcn A- Co 6s 50 IV st 10 10 10
Unit Lt A-Pw fis 73 83% 83% 83%
Va Pub Ser 6s 46 09’, pp’. pp’',
Va Pub Ser 5s 50 B 101 % 101 N lot %
Wald Ast Hot 5s 54 0% n% 9%
| Wet News U Os 44 53>8 53% 53%
"Vis P A L 5s 66 loot, loot, ino%
York Rwy 5s 47 st _ 08 98 98
FOREIGN BONDS
Unit E! Svc 7s 56 A.. 43% *3% 43%
ww With warrants xw Without war
rants n New. st (stp" Stamped
sNetotlabtllty lm Dated Or maturity.
*

Evening star. [volume], January 17, 1940, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], January 17, 1940, Page A-17, Image 17 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], January 17, 1940, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972