Evening star. [volume], January 19, 1940, Page A-18, Image 18

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

Image provided by: Library of Congress, Washington, DC

                
McKee Is Chairman
And Deyber Secretary
Of Clearing House
Stryker and Jacobsen
Elected to Committee
At Annual Meeting
By EDWARD C. STONE.
H. H. McKee, president of the
National Capital Bank and of the
East Washington Savings Bank,
was re-elected chairman of the
Washington
Clearing House
Association a t
the annual
meeting just
held. Hehas
been chairman
of the organiza
tion nearly 15
years.
Victor B. Dey
ber, chairman of
the board o f
directors of the
Second National
Bank and a past
president of the
h. h. McKee. District Bank
ers' Association, was again elected
secretary and is now beginning his
16th year in this position.
Frank J. Stryker, president of the
Columbia National Bank, and C.
H. Jacobsen, president of the Na
tional Metropolitan Bank, were re
r KU l tu LU U1C
Clearing House
Committee for
two-year terms.
The other
members of this
committee,
whose terms did
not expire this
year, are Robert
V. Fleming,
president, Riggs
National Bank,
and Floyd E.
Davis, president
of the Lincoln
National Bank.
George H. vlc,or B- Deyber
Bright was again named manager
of the Clearing House and Silas E.
Moore assistant manager, both being
connected with the National Metro
politan Bank.
Annual reports showed the Clear
ing House had a very busy year.
Meem Reports 1939 Progress.
All requests for sound loans re
ceived during 1939 were allowed,
many loans were made under Title
I and many more under Title II of
the Federal Housing Act, Harry G.
Meem, president of the Washing
• ton Loan & Trust Co., stated in his
annual report to the stockholders.
The statement is in line with re
ports from other Capital banks,
■which indicate that officials made
an extra effort during the year to 1
extend all desired credit and give
business the fullest possible support.
Mr. Meem says loans were greater
than a year ago, deposits were
higher and bank earnings per
mitted the payment of an extra
dividend of 2 per cent in February,
1939, in addition to the regular
quarterly dividends of 2 per cent,
making a total disbursement of
$100,000 to shareholders. More than
$67,000 was added to undivided
profits and to reserve for contin
eencies.
Mr. Meem stressed the value of
Christmas savings clubs. Subscrip
tions to the bank's 1939 club totaled
$463,720 or an average per capita of
$114.47, more than double the
amount reported in a Nation-wide
survey of banks in other cities, and
in spite of the fact that these ac
counts pay no interest.
Higher levels for business in
Washington in 1940 were predicted.
It is noteworthy, Mr. Meem said,
that the number of Government
employes has risen from 77.038 in
1933 to 130,000 in 1939, which is re
flected by an increase in store sales
of 60 per cent during that period.
Builder on Storage Board.
Allison N. Miller, president of W.
C. & A. N. Miller Development Co.,
elected recently to the Board of Di
rectors of the Federal Storage Co.,
is a graduate of Cornell University
and a member of the Alfalfa, Uni
versity, Lions and Columbia Country
Clubs and the Washington Board
of Trade. He is also past master of
the Temple-Noyes Lodge, No. 32, F.
A. A. M.
Raymond B. Dickey, dean of
Washington Chapter, American In
stitute of Banking, is reported by
Francis E. Robey, chapter president,
to be improving lrum his long ill
ness. Mr. Dickey has been a mem
ber of the institute faculty for many
years and has practiced law in the
Capital for a much longer period.
Plate Glass Officers Named.
Stockholders of the Home Plate
Glass Insurance Co., 918 F street,
elected these officers at the annual
meeting Thursday: William H.
Baden, Charles R. Brown, George
M. Emmerich, Philip Larner Gore,
Charles E. Hood, Albert W. How
ard, H. Glenn Phelps, Andrew Saul
and William H. Somervell.
The board subsequently elected
the following officers: George M.
Emmerich, president; Albert W.
Howard, vice president; William H.
Somervell, secretary-treasurer, and
William H. Marbury, assistant sec
retary-treasurer. The annual report
Showed the company, now 68 years
old. had a fine year.
Storage Firm Holds Election.
Stockholders of the Security Stor
age Co. re-elected the following
directors at the annual meeting:
C. A. Aspinwall. William J. Flather,
jr.; Chauncey G. Parker, jr.; H. L.
Rust, jr.; Corcoran Thom and Lloyd
B. Wilson.
The officers for 1940 are: C. A.
Aspinwall, president; C. W. Pimper,
vice president and treasurer; Paul
Alvey, secretary; Helen Howison,
assistant treasurer; P. L. Gore, as
sistant secretary, and R. H. Hauser,
assistant treasurer.
Paul Alvey. the new secretary, was
elected to the position to fill the
vacancy caused by the retirement
of Charles P. Ravenburg during the
year.
Auditors Visit Baltimore.
Thirty-three members of the
auditors section of the District
Bankers’ Association held their
yearly joint meeting with the Balti
more auditors last night at the
Longfellow Hotel in the Monument
City. The chief speaker was Dr. W.
Mackenzie Stevens, dean of the col
lege of commerce of Maryland Uni
versity.
For two years he was financial
adviser to the Chinese government
in China. Dr. Mackenzie spoke on
his experiences in China, which
were most interesting. H. Norman
Glasco headed the Washington dele
gation as chairman at the section.
i.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE!
By Private Kira Direct to The Star.
Prev. ’39-’40 Stock and Baler— Net.
2:00 p.m.
High. low. Dividend Rate. Add 00. Hlih. Low. Close, chge.
11* 6* Adama Exp (.Zig).. 4 8 8 8
68 45Vt Air Reduction (la). 5 63 62* 62* + *
10 6* Alaska Juneau .15a. 4 6H 6* 6*
2 * Alleghany Corp- 1 * * *
20* 6* Allegh’y llOpfww. 4 11* 11 11* * *
18 4* Alleghany pf xw.__ 2 9* 9* 9*
23* 8 Allegh’y prior pf... 1 13* 13* 18* - *
28* 14 AUeg-Ludlura .60g. 3 19 18* 18* - *
200* 161* Allied Chera (6a)_ 2 173 172* 172* - H
16* 9* Allied Mills (Ig) 1 14 14 14 + *
11* 6 Allied Stores_ 16 8 7* 7* - *
48* 28 Allls-Chslm (la)_ 11 37* 86* 37* 4- *
74* 50 Amerada (2) 3 54 63* 54 4- *
24* 16 Am Ag Ch Del 1.30g 7 20* 20 20
47 16* Am Airlines_ 23 46* 44* 45* 41*
17* 9* Am Bank Note. ... 1 10* 10* 10*- *
60 46* Am Bank N of (3).. 10e 47* 47* 47*-*
67* 31* Am Brake Sh (la).. 4 40 39* 40
116* 83* Am Can 14) .. 6 115* 114* 115 4- *
40* 16* Am Car A Foundry. 4 26 25* 26 4- *
26* 13* Am Chain A C tig). 4 21 20* 20**4-*
11* 5Vi Am Comc’l Alcohol. 2 6* 6* 6* - *
18* 6* Am Crystal Sugar.. 1 11* 11* lit* — *
5* 2% Am Encaustic Til.. 3 2* 2* 2*
3* 1* Am A Foreign Pwr. 1 1* 1* 1* - Vi
25* 10 Am A For'n P 36 pf. 6 21* 21 21* 4- *
30* 12* Am A For’n P 37 pf. 2 24* 24* 24*-*
9* 5 Am A For’n P 2d pf. 1 6* 6* 6*
35* 21 Am Hawa’n SS(la). 9 32 31* 81*
8 2* Am Hid# A Leather. 3 5* 6* 5*
43* 25* Am Hide A L pf <3). 2 35* 35 35
9 3* Am International.. 4 5* 6* 6*
30* 13 Am Locomotive .. 6 19* 19 19 — *
79* 41 Am Locomotive pf.. 1 54* 54* 54* 4- *
16* 11 Am Mach A Fy).80) 2 13* 13* 13* — *
40* 22% Am Metals (.50e) — 1 22* 22* 22* 4- *
7 3* Am Power A Light. 11 4% 4* 4*
54 28 Am P*l.*5nf 9S7Klr 12 51V. 1QU iQu .1li
63% 32 Am P&L*6pf 1.125k 6 61 69'* 60 + H
18% 8% Am Radiator 30g 43 9% 9% 9% + %
22% 11% Am Rolling Mills 4 15% 15% 15%
15% 10% Am Safety Rax 1.20 1 11%, 11%, 11%,+ %
46% 25% Am Ship Bldg 1 SOg 90s 31 30 30% — %
63 35% Am Sm & Ref ,50e12 47% 47 47 - %
145% 127% Am Sm & R pf «7 >_ 3 146% 146 146 +%
41 20% Am Steel Foundry.. 6 ^7% 27 27 — %
14% 8% Am Stores (,50g) 2 12V* 12% 12% - %
34% 15% Am Sugar Refining. 1 18% 18% 18% + %
172% 148 Am Tel & Tel (9) .. 6 171% 171% 171%+ %
88% 73 Am Tobacco (5) .. 4 88% 87% 87% - %
90% 75% Am Tobacco) B) (6). 7 90% 88% 88% —1%
8% 4% Am Type Founder*. 2 5% 5% 5% - %
14% 8% Am Water Works . 4 10% 10% 10% - %
15% 3% Am Woolen . 3 8% 8% 8% - W
64% 28% Am Woolen pf (3k). 3 47% 46% 46%+ %
12 4 Am Zinc - ..3 6% 6% 6% - %
40 20% Anaconda (1.25g> . 28 27% 27% 27% - V*
64% 35 Anaconda Wire & C 1 36 36 36 —1%
37 21 Arch Dan-Mid 1.10g 2 32% 32% 32%+ %
108 97 Armour(Del>pf(7)_ 1 107% 107% 107%
8% 3% Armour (111) .. 8 5% 5% 6%
58 31% Armstrong C (2g) 7 38% 38 38
13 7% Arnold Constab .25* 1 10 10 10
10% 6% Assoc Drv Goods 2 8% 7% 8 + %
42% 21 Atch Top&Sante Fa 9 23 22% 22% - %
26 9% Atl Gulf&W Ind pf. 1 15% 15 15-1
24% 18% Atl Refining (1) .. 10 21% 21 21%+ %
9% 7 Atlas Corp ( 50g)__. 3 8% 8% 8%
49% 43% Atlas Corp pf (3) .. 2 49% 49 49% + %
71 50 Atlas Powder )3g). 1 65% 65% 65% + %
5% 1% Auburn Auio )r) 1 2% 2% 2% ♦ %
30% 16 Austin Nich pf (A). 20s 16% 16% 16% — %
9% 3% A viatlon Corp 10 6% 6% 6% + %
il% 9', Ha Id win l.nco Ctrs 4 15 14% 11%
8% 3% Balto & Ohio .. 10 5% 5% 5% + %
11% 4% Ralto&Ohlopf _ 1 6% 6% 6% - %
30% 11'* Bangorfe Arstook .. 2 13 12% 12%
87% 49 Bangor &. Ar pf >5). 60s 50% 50 60 — %
19% 11% Barnsdall Oil ,15e . 3 12% 12 12 - %
27% 15V* Bayuk Cigar > 75a) 4 26% 26 26%
33% 16% Bendlx Avla>1.50g) 25 28% 27% 27% - %
22% 17% Beneficial L.n 1.85g 1 22 22 22
56% 48% Beneficial L pf 2.50 1 56% 56% 56%
100 50% Bethlehem Stl 1.50g 45 72% 71 71% - %
18% 15% Beth Stl 5* pf (1).. 2 17% 17% 17%
120% 99V* Beth Steel pf (7). .. 5 117% 115% 117% +2
24% 14 Black & Decker (1). 2 19% 19% 19% - %
17% 8'* Blaw Knox _ 3 10% 10% 10% - %
34% 16% Boeing Airplane._ 15 24% 23% 23% + %
123% 100% Bon AmliAX(a)... 280s 118 118 118 - %
65 51 Bon Ami(B12.50a . 100s 62% 62 62 — %
24 12% Bond Stores 1.60a _ 1 23 23 .3 +1
tiz* lb% tioraen l o iMVg).. 14 22% 21% 22
32 18* Borg-Warner (la) 8 23% 23% 23%
7% 5% Brewing Corp (.60) 2 6% 6% 6% + %
15% 7*4 Bridgeport Brass 3 10’. 10% 10%
31* 16% Briggs Mfg 1.25g .. 4 19% 19 . 19% - %
53 41% Bristol Myers 2.40 1 51*. 51*. 51%
15% 7% Bklyn Man TransR 10 14% 14*4 14% - %
53 27 Bklyn Man Tran pf 6 50% 50% 50% - %
52 39 Bklvn Man pf ctfs 7 49% 49 49% — %
14% 5% Bklyn & Queens pf 3 14% 14% 14% - %
14% 11 Bklyn&(ju ns pf cfs 1 13% 13% 13%
30% 13% Bklyn Un Gas(.50g) 2 23% 23 23 - %
26% 9% Brunswtck-B 2.75g_ 2 22** 22 22 — %
13% 7 Bucy rus-Erle(.BOg) 1 g% 8% 8% + %
8 4 Budd Mfg .. 2 6% 5% 5%
30 16% Bullard Co (.25g)__ 4 20 20 20 -1
34% 21% Bulova Watcb (2a). 3 29% 29% 29% + %
21% 11% Burlington Mills la 4 20% 19% 19% - %
18*4 11 Burrs Add Mcb .40. 2 12 12 12 *- %
7% 1 Bush Terminal _ 6 3% 3% 3% — %
20 6% Bush T Bldgs pf- 30s 9*t 9% 9% - %
9% 6*4 Butler Bros (,30g)_. 3 7 7 7
23*4 18% Butler Bros pf 1.60. 1 21% 21% 21%
6% 2% Butte Copper 2 3% 3% 3%
84% 25% Byers(AM) pf 2.16k 30s 71% 71% 71% - %
17% 11% Byron Jackson (1) 2 14% 14 14
30 13% California Packing. 1 23% 23% 23% + %
3% % Callahan Zinc 4 1% 1% 1%
10% 4% Calumet & Hec ,25e 4 6% 6% 6%
17*. 9% Camph'll Wya't .40e 3 13% 13* 13% - %
20% 12 Canada Dry i 5”g) 7 17% 17 17
6% 3% Canadian Pacific . 18 5% 5% 5%
94', 63% Case (J 1) Co t 69% 69 . 69%-*.
122* 110 Case (J I) Co pf (7) 10s 118 118 118
64’, 8% Caterpillar Traet2) 4 61% 51 51 — %
30% 13% Celanese Corp .50g 8 27% 27% 27% + %
111% 84 Celanese pr pf (7) 490s 111% 110% 111 + %
19% 7% Celotex Corp 2 10% 10 10 - %
72% 58 Celotex Corp pf (5) 10s 62 62 62
20*4 18% Cent Aguirre (1.50) 2 22% 22% 22%
113% 103% Cent 111 L pf (4.50) 20s 113 113 113 + %
52% 32 Cerro de Pascoi(le) 1 38% 38% 38% + %
13 5% Certsln-teed _ 1 6% 6% 6%
47% 22 Certain-teed pf- 30s 28*. 28*. 28*. - %
29% 3% Chesapeake Corp... 12 4% 4% 4% — %
47% 27 Cites* Ohio 2.60s). 18 39% 39 39%+ %
4 1% Chi & East 111 pf (r) 1 2 2 2 — %
1% % Chi M StP&P pf (r). 2 % % % — %
1% % Chi & Northwn (r). 4 % -ft %
3% % Chi & Northwn pf(r 1 % % %
20V* 10 Chi Pneu Tool _ 1 13 13 13
39% 30% Chi Pn Tcv pf (J)„ 1 33*. 33*. 33% -1
% v. Cht RI4P(r) 1 % % %
1% % Chi RI&P 6% pf(r). 2 % % %
13% 4% Childs Co 1 5% 5% 5% + %
94% 53% Chrysler Corp (6g). 28 83% 82 82%+ %
14% 9 City Ice* F (1.20) 2 13% 1 : 13%+%
97% 79 City 1 & F pf(6 50) 100* 95 95 95 + %
78 69 Clev& Pitts (3.50) 10s 77 77 77 +1
60% 34% Climax Mollb 1.20a 20 37% 36% 36% -1
39 * 21% Cluett Peab 2.75g .. 33 38% S7*. 38% + %
133 105 Coca-Cola <5g) .. 1 118% 118% 118%
18% 11% Colgate-Pal-P .50... 11 17% 17% 17% -f %
107 101% Colg-Pal-P pf (6)— 1 104% 104% 104% + %
24% 11% Colo Fuel & Iron .. 2 18 18 18 + V.
8% 2% Colo & Southern 80s 3 3 3 - %
9*. 3% Colo & So 1st pf 140s 4% 4% 4% — %
8% 3% Colo & Southn 2d pf 40s 4% 4% 4% — %
26% 14 Colum BCt A) 1.60g 1 23*. 23*. 23*. + %
25% 14 Colum BC(B)1.60g. 2 23% 23% 23%-%
9 6% Columbia Gas & El. 10 6% 6% 6% — %
92% 74% Col G&E pf(A>(6>_. 3 90 89% 89%-%
15% 6% Columb Pic vtc .. 2 6% 6*. 6*. — %
o A i t r i _u m . _ r n s r .. ft 4 . ft 4 .. a. .
”v * a IV p* * 4>17t 4lA 6176 - 74
67 38% Cornel Credit 14) . 2 47 47 47
109% 98% Cornel Cred pf 4.25„ 1 106 106 106 -%
60 42 Cornel Inv Tr (4).„ 16 63 62% 63 + %
16 8% Cornel Solvents .. 22 14% 13% 14%+ %
82% 25% Comwlth Ha «1.80). 33 31% 31% 31%
2% 1% Comwlth ft South’n 548 1% 1% 1%
73% 45% Comwlth ft S pf (3) 2 68% 68 68 -1
30% . 19 Congoleupi (la)_ 1 22% 22% 22% - %
32% 15% Consol Aircraft . 7 26% 26 26 + %
9% 5% Consol Cigar (.75e). 2 8% 8% 8%
91 79% Consol C pr pf 6.50.. 10b 88% F8% 88%
11 4% Consol Cop M(.30g) 14 8% 8% 8% - %
35 27 Consol Edison (2).. 36 31% 31% 31% + %
108% 101% Consol Edlspf (6).. 3 107% 107% 107% + %
2% % Consol Film 2 1 % l
12% 7% Consol Film pf (Id) 2 8% 8% 8% + %
9% 6% Consol Oil i 80) _ 10 7% 7% 7%
102 88 Consum Pw pf 4.50. 1 101% 101% 101% + %
17% 9% Container Corp 25f 4 15% 15% 15%
2 1 Conti Baking iBi 3 1% 1% 1%
100 87% Conti Baking pf (S) 3 95% 95% 95% - %
51% 32% Conti Can (,50e) ... 14 42 41% 41%-%
116 106 Conti Can pf (4.50). 2 116 116 116
10% 6 Conti Diamond 2 6% 6% 6% + %
40% 29% Conti insur (1.60a). 2 38% 38 38 - %
6% 1% Conti Motor __ 7 3% 3% 3% - %
31% 19% Conti Oil (,25e)_ 9 24% 23% 23%
32% 16% Conti Steel <2g)_ 1 26% 25% 25%
61% 49 Corn Exchange (3). 90s 66% 56% 66% -1%
67% 64% Corn Products (1).. 7 64% 68% 64 +1
5% 3 Coty, Inc (.60s) — 28 6% 6% 5% - %
2% % Coty Intsrnatl .20*. 7 1% 1% 1%
38 16 Crane Co (.60s) . 8 21% 21% 21% - %
32% 26% Cream of Wheat(2) 1 32 32 32 - %
13 6% Crosley Corp .. 1 7 7 7 + %
41% 20% Crown Cork ft Seal 13 29 % 28% 29% +1
40% 33 Cr’n C&S pf ww 2.25 100s 39 39 39
39 28 Cr'n C&S pf xw 2.26 1 38% 38% 38%
17% It Crown Zeller 25e . 3 16% 15% 16%
94 75 Crown Zeller pf (I) 20* 90% 90% 90% — %
62% 24% Crucible Steel ... 4 36% 35% 35%-%
13 3 Cuban Am Sugar .. 4 6% 6% 6%
93 48 Cub Am S pf (2k)_ 90s 80% 80 80 -1
28% 26 Cuneo Press .375e _ 1 26% 26% 26% - %
63% 38 Curt Pub pf 2.375d 1 43% 43% 43%+ %
13% 4% Curtiss-Wright 62 9% 9% 9% + %
32% 19% Curtiss-WnAM2g) 10 28% 28% 28%-%
26 13% Cutler Hamm'r 75g. 4 19% 19 19 + %
10% 4% Davison Chemical.. 2 7 6% 6% - %
25% 16% Deere ft Co (.75k) — 8 20% 20 20 - 14
18% 11% Delsel-W-G (la)_ 1 16 16 16
28 12% Dei ft Hudson_ 4 19% 18% 18%
8% 3% Del Lack * Wn_ 8 6 4% 4%
84% 28 Diam’d Match L50_ 1 14% ,84% 84% - %
s
3:00 p.m.
Pw. ’39-’40 Stock and Sales— Met.
Hieh. Low. Dividend Rate. Add 00. Hlch. Low. Close, ehce.
' 90 66 Distil Seagr pf (B). 1 80 80 80 i 1*
86* 80 Dixie-Vor(A) (2.60) 80s 86* 35* 36*
22* 10 Doehler Die Casting 1 16* 16* 16* + *
84 20* Dome Hines (2)- 1 23* 28* 23*
87* 65 Douglas Air (tg)... 12 79* 78 79 +1
149 101* Dowr Chemical (8).. 9 149* J48* 149*.+ *
17* 6 Dresser Hfg (.76g). 9 16 16* 15* + *
19* 6 Dunhlll Internet!_ 1 6* 6* 6*
188* 126* Du Pont (7g>- 3 181 181 181 +*
124*112 Du Pont pf (4.60).. 1 123* 123* 128*
118* 111* Duquesnelstpf(6). 80s 118* 118 118 - *
31* 12* Eastern Air Lines.. 9 28 27* 27*
186* 138* Eastman Kodak (6) 6 162 162 162 +1
183* 166* Eastm Kodak pf (6) 10s 175 176 176
81* 16* Eaton Hfg <2.60g>. 7 30* 29* 30*+*
3* 1 Bltlngton Schlld .. 2 1* 1 1 — *
40* 22* Eleo Auto Llte(3g). 8 35* 85* 85*+ *
18* 8* Electrlo Boat(.BOg) 2 16* 15* 15*
8* 1* Electrlo A Music... 1 1* 1* 1*
12* 6* Eleo Pwr A Light.. 13 7 6* 6*-*
38 18* Eleo Pw A Lt 66 pf. 3 29 28* 28* - *
41* 20* Eleo Pw A Lt pf ... 18 34* 33 33 - *
35 28* Eleo Stor Bat (2)_ 1 30 30 30
42* 28 El Paso Nat Q (2).. 9 38 37* 38 -*
13* 7 Eng Pub Service . 13 11* 11* 11*
83 62* Eng Pub Svc pf (5). 1 78 78 78
1* * Eqult Office Bldg... 4 * * * + *
3 1 Erie RR (r) 1 1* 1* 1*
6 1* Erie RR 1st pf (r).. 2 2* 2* 2*
6* 3* Eureka Vacuum Cl. 1 4* 4* 4* - *
13 6 Evans Products_ 1 8* 8* 8* — *
26* 14* Ex-Cell-O (lg)- 8 21* 21* 21*+*
43* 24 Falrbks Morse .60s. 1 37 37 87 + *
3RU 90 Fa.1arri« Ruear <21 7 97 97 97 4. U,
18% 11 Fed Lt*Trae (lg). 2 16% 16% 16%+%
100% 81 Fed Lt&Trpf (6).. 10a 100% 100% 100% +1%
6% 2% Fed Motor Truck... 1 4% 4% 4%
IH % Fed Water Svc (A). 2 % % %-%
61 38% First Natl Strs 2.60. 1 44 44 44 - %
31% 15 Flintkote (lg) .. 1 19 19 19
5 1% Follansbee Bro <r). 1 2% 2% 2% - %
37% 21 Food Mach 1.375g._ 1 34 34 34 + %
29% 14 Foster Wheeler . 3 17% 17% 17% - %
36 18% Freeport Sulph (la) 3 33% 32% 32%-%
5% 2 Galr (Robert) ... 3 3% 3% 3% - %
16% 9 GameweHCo 25e—. 10s 14 14 14 + %
7% 3% Gar Wood Indust... 1 4% 4% 4% + %
103% 96 Gen Am Inv pf (6).. 1 102 102 102 -%
65 40 GenAmTran 2.375g. 7 62% 62 62
II 7% Gen Baking (.60) .. 1 8% 8% 8% + %
149 128 Gen Baking pf (8).. 20s 143% 143% 143% - %
18 9 Gen Cable . 2 10% ,10% 10% - %
44% 31 Gen Electrlc(1.40g) 41 38% 38% 38%+%
48% 36% Gen Foods (2a) . 14 47% 47% 47%-%
118% 107% Gen Foods pf(4.50)'. 1 118% 118% 118%
1% % Gen Gas & El (A).. 6 % % %
99 72% Gen Mills (3.50) ... 2 88% 88% 88%+%
66% 36% Gen Motors (3.50g). 45 62% 52% 52%+ M
126% 112 Gen Motors pf (5).. 1 124% 124% 124% - %
46 28 Gen Out Ad A (4d)_ 2 44 43 43 -2%
10% 7 Gen Print Ink 80g.. 1 9% 9% 9%
1% % Gen Realty & Util.. 2 % % %
41 19% Gen Refractor 60g. 3 28 27% 28
15% 12% Gen Shoe (1.20)_ 3 14% 14% 14%+%
43% 16 Gen Steel Cast pf... 80s 27 26% 26% — %
21% 13% Gen Telephone!la). 3 21% 21% 21%+ %
15% 8% Gen Thea Eq ! 80g). 1 12% 12% 12%+%
27% 15% Gen TlreARub 60g. 17 21% 20% 21%+%
8% 6% Gillette Saf R 4.60). 9 6% 6% 6%
13% 6% Gimbel Bros . 6 7% 7% 7%
66% 43 Gimbel Bros pf (6). 1 47% 47% 47% + %
24% 14 Glidden Co !.60g)_ 2 17% 17V* 17%-%
3% 2 . Gobel (Adolf i .. 2 2% 2% 2%
2% 1% Goebel Brew (.20) _. 8 2% 2% 2%
24% 13% Goodrich! B Fl(lg). 4 17% 17% 17%-%
38% 21% Goodyear Rub .25e_ 6 22% 22% 22% — %
109% 87 Goodyear pf (5) ... 4 93 93 93
1% % Graham-Paige .21 % %
10% 4% Granby Consol .25e. 8 8% 8% 8Vi — %
22% 10 Granite C'y S .12og. 1 14% 14% 14% — %
33% 16% Great North n pf 14 23% • 23 23% + %
22% 12% Gr’t Nor O ctfs ,75e. 4 15% 15% 15%-%
37% 23% Great Wn Sug (2).. 2 28 27% 28
35% 24% Green (HL) (2a)... 2 31% 31 31
21% 14% Greyhound (la)_ 29 16% 16% 16%
12% 10 Greyhound pf (.65). 9 12 12 12 + %
6 % Guantanamo Sugar l 2% 2% 2% — %
36 9 Guantanamo S pf... 60s 21% 21% 21% +1%
20 8 Hall l W F) Prtg . I 18 18 18 + %
IACU OQ Tin Wes** IV /C\ 1 A. 1 AC 1 AC 1 AC _ 1/
103% 96 Hanna <M)pf<5) 10s 103% 103% 103%
33% 17 Harb& Walker(lg) 2 24% » 24% 24%+%
92 71 Hat Corp pf <6.50).. 10s 92 92 92 + 2%
4% 2 HayesMfg Corp_ 12 3% 3% 3% - %
13% 8% Hecker Prod .60 ... 2 10 10 10
101% 63 Herculea P <2 65g) 14 90 89% 89%+%
135% 128% Hercules P pf <6i 40a 132% 132 132% + %
115% 100 Hershey cv pf <4a). 1 113% 113% 113% +1%
51 29% Holland Furn <2).. 2 .31% 31 31 - %
21% 8% Holly Sugar ... 2 12% 12% 12%
66% 47% Homeatake (4.50) . 1 59% 59% 59%-%
17% 8»« Houd-Her <B> 75g. 4 12 11% 12 - %
9% 4% Houston OU . 15% 6% 5%
35% 21% Hudson Bay 1.75g._ 1 25% 25% 25%
8% 4% Hudson Motor__ 10 5% 5% 5% — %
2% % Hupp Motor ..'_. 2 % % %
20% 9 Illinois Central_ 4 11% 11% 11%-%
35 16% Illinois Central pf.. I 21% 21% 21%-%
131 86 Ingersoll Rand(6g) 1 116 115 115
98% 67 Inland Steel <4g) .. 3 82% 82% 82%-%
21 9% Inspiration Copper. 5 12% 11% 11% — %
6 4% Insurshares (,20g)_ 2 5% 5% 6%
9% 2% Interboro R T (r) _ 4 3% 3% 3% + %
46% 17% Interchemical .40e_. 3 42% 42 42 — %
16% 7% Interlake Iron _ 6 10% 10% 10% — %
3% 1% lntl Agricultural... 1 1% 1% 1% - %
41 16 lntl Agrlcul pr pf . 1 35 35 35 — %
71% 45% lntl Harvester 1.60. 12 56% 55% 55%-%
8% 3% lntl Hydro-El (A) . 3 4% 4% 4% - %
17% 2% lntl Mercantile Ma. 14 9% 8% 8% - %
10 5% lntl Mining t.45g) . 1 6% 6% 6% - %
55% 35 lntl Nickel Can (2) 15 36% 36 36%+%
14% 6% lntl Paper & Power 11 12% 11% 12
57% 25% lntl Paper* Pw pf 1 51% 51% 51% — 14
60% 39% Int R C A pf 5.75d . 10» 51% 51% 51%
33 19 lntl Silver ... 1 25% 25% 25% -2V
9% 3% lntl Tel & Teleg 13 4% 4 4% + M
14% 7% Interstate nept Str 1 9% 9% 9% - M
105 59 Johns-Manv 2.75g 2 73% 73 73 +1
133 122 Johns Manv pf <71 140s I24'v 123% 124
83 35 Jones & Laughlln pi 4 58% 58 58 — V
14% 7% Kelsey-Hayes (A).. 1 11 11 11 +M
10% 5 Kelsey Hayes (B).. I 6% 6% 6% - M
99 79 Kendall pf (6) ... 20s 94 94 94 +1
46% 28 Kennecott Cop(2g) 28 36% 35% 35%+ k
39 20 Kimberly-Clark (is) l 35 35 35
30% 12% Kinney $5 pf <3g)_. 10a 26% 26% 26% +11
26% 20 Kresge <SS 1(1.20). 3 24% 24% 24% + 1
29% 23% Kress (S HX1 60) x 1 28% 28% 28% + M
29% 20% Kroger Groc (1.60). 3 28% 28% 28%
13% 7 Laclede Gas . 20a 8 7% 7% + M
25 17 Leh Port Cmt.375e. 1 22 22 22
3% % Leh Valley Coal .. 1 1% 1% 1%
8% 1% Leh Valley Coal pf. 3 3% 3% 3% + V
6% 2% Leh Valley RR (r). 2 3% 3% 3%
27% 20 Lehman Corp ,20e._ 4 21% 21% 21% - 6
32% 23 Lerner Stores (2)._ 1 27 27 27 +1
56% 36% Llbbey-Ow-F 2.75g. 1 49% 49% 49% + V
10 4% Libby McN & Lib .. 1 6% 6% 6% + V
108% 95 Llgg* Myers <4a). 1 106»i 106% 106% + 1
109% 95% Llgg & MyerslBHa 6 107% 107% 107% - 1
47 31% Link Belt (1) _ 4 36% 36% 36%
20% 10 Lion Oil Ref (1) 1 12% 12% 12%
19 13% Liquid Carb & C.25e 22 16% 16 16%
36% 18% Lockheed Aire (lg) 44 30% 29% 29% +11
54% 30% Loew s. Inc <2)_ 13 36 35 35% + 1
23% 6 Loft Inc . 180 22% 21% 21% + 4
62 38% Lone Star Cmt(3a). 4 44 43% 43% - V
6% 2 Long Bell (A) .. 2 3% 3% 3%
22% 16% Loose-Wiles ,25e .. I 18 18 18 + V
110 105 Loose-Wiles pf (5). 20s 108% 108% 108% - V
25 19% Lorlllard <1.40gr .. 7 24% 24 24%
21% 15% Loula G&E(A) 1.50. 1 19% 19% 19% + V
33% 18 Mack Trucks ,50g . 3 25 25 25
■»« 'I auavj ' mi/ v.u u mu/i r 7
40 26% Magma Cop(2.75g). 3 34 33% 33%-*
6% 1 Manati Sugar . 1 3 3 3 — *
16 12% Man Ry m gtd ct(r) 6 15% 15% 15% + V
16% 10 Manhat Shirt (la).. 1 15% 16% 16%-*
5% 4% Marine Midl’d ,10e.. 6 4% 4% 4% - *
8% 3% Market St Ry pr pf. 10s 4 4 4
<7% 9% Marshall Field .30g. 10 13% 13% 13% + *
45% 26% Martin (Glenn) lg.. 33 37 36% 36%
10% 2 Martin Parry ... 6 9% 8% 9% + *
67% 20 Masonite Corp (1).. 6 38% 37% 38 +1*
37% 20% Math Alklll (1.50).. 2 29 28% 28% - V
63% 40% May Dept Strs (3).. 2 51% 51 51 - *
6% 3% Maytag Co ... 8 3% 3% 3%
105 93 Maytag 1st pf (6).. 100s 99 99 99 +2*
17% 9% McCrory Strs (1)„ 4 15% 15% 15% + V
25% 15% McGraw Elec (1)_ 2 23% 23% 23%+*
69% 39 McIntyre Pore (2a) 3 46% 45% 45%-*
18% 8% McKeesport Tin 3 11% 11% 11% - *
31% 28% Melville Shoe (.50e) 2 30% 30% 30% + *
6% Mengel Co — l 5% 5% 5% + *
28% 14 Mengel Co 5% pf . 20s 22% 22% 22%-*
21% 11% Merch ft Min Trans 100s 16 15 16 - *
39% 25 Mesta Mach .50e___ 1 29% 29% 29%
16% 6% Miami Copper. ... 7 9% 9% 9% + *
18 11% Mid Cont Pet (.«0g) 2 14% 14 14 - *
40 18% Midland Stl P (6g). 2 34% 33% 33%+*
86% 44% Mlnn-Hon Ros (2).. 1 60% 60% 50%
114 103% Mlnn-Hon pf B (4). 60s 109% 109% 109% +1*
6% 2% Mmn-Mollne Imp... 14 4 4
2% 1 Mo-Kan ft Texas__ 6 1 1 1
9% 2% Mo-Kan A Texas pf. 2 3% 8% 8% - *
1% % Mo Pacido (r) 17 % % % '
2% % Mo Pacific pf (r)— 12 % % %
114% 85% MonsantoCh (Sr). 6 105% 105 105
67% 40% Montg Ward 1.25g.. 24 61% 51% 61%
17% 10 Motor Wheel (1.60). 2 15% 15% 15% - *
30 16% Mueller Brass SOg. 2 24% 24% 24%
7% 3% Mullins Mfg (B)_ 2 4% 4% 4%
44% 30 Mullins Mfg pf_ 40k 32% 32% 32% - *
9% 4 Murray Corp_... 3 6% 6% 6%
9% 6% Naah-Kelvlnator_ 8 7 6% 6%
18% T% Natl Acme (,60g)... 2 13% 13% 13% + *
15 7% Natl Avlatlon(.75g) 1 12 12 12 + *
28% 21% Nat) Biscuit (1.60). 8 23% 23% 23%+*
26% 14% Natl Cash Reg (l).. 3 15% 15 15%
16 8% Natl Cyl Gas (,60g) 1 11 11 11
18% 12% Natl Dairy (.80) 4 16% 16% 16% + *
117% 110 Natl Dairy pf A (7) 40s 116 114 114 -2
114 107 Natl Dairy pfB(7). 90s 112 112 112
28% 20% Natl Distillers (2).. 11 24 28% 23% - *
18% 10% Natl Enam ft Stpg.. 2 13% 13 13 - *
16% 8% Natl Gypsum(.25g). 3 10% 10% 10%-*
106 83 Natl Gyps’m pf 4.56 1 95 95 95 +1*
27% 17% Natl Usd (.60a)_ 9 19% 19% 19%-*
U% 14% Natl Malleable lg.. 1 22% 22% 22%
2:00 p.m.
Prev. '39-'40 Stock and Sales— Met.
Hi«h. Low. Dividend Rate. Add 00. Blah. Low. Cloee. elite.
10 6% NatlPwrALt.40.. 4 8% 8% 8% - %
82 62 Natl Steel (1.70s).. 8 MH 88 68 - %
16% 6% Natl Supply.. 1 8% 8% 8%
17% 8% Newport Indus- 8 11% 11% 11% + %
62 27 N T Air Brake .60s. 1 44 44 44 + %
28% 11% N T Central . 87 16% 16 16% - %
26% 10% N T Chi * St Louis. 2 17 16% 16%+%
46% 18% N Y Chi ft St L pf-. 4 82 81% 81%-%
48% 80 N T C Omnibus <!a) 1 82% 82% 82%+%
10% 1% NY Dock.. 1 4 4 4 + %
1% %NYNH*H(r)— 1 % % %+%
17 8% N Y Shtpbulldlns-.. 2 14 18% 18% + %
219 168 Norfolk St Wn(lOa). 2 209 209 209 +%
29% 12% Nor Am Avia 1.40c. 89 24% 28% 24% + %
26% 18% Nor Am Co (1.20a) 63 22% 21% 22 -%
69 60% No Am 6%% pf 2.176 1 67% 67% 67% + %
14% 7 Northern Pacific 18 8% 8 8 — %
113 100 Nor’n Sta Pw pf (5). 1 111% 111% 111% + %
40 29 Northwest Tel (3).. 20a 34 84 84
6% 2% Norwalk Tire. 1 4% 4% 4% + %
10% 6 Ohio Oil . 2 6% 6% 6%
. 20% 12 Omnibus Corp 1.20a 1 18% 13% 18% - %
8% 4% Oppenhelm Collins. 2 6% 6% 5%
27% 15% Otis Elevator.90s-- 1 47 17 17 + %
148% 128 Otis Elev pf («)- 80s 140% 140% 140% + %
16 7% Otis Steel ... 1 10% 10% 10%
29% 16%Outb’d MAM .40e-. 1 26% 26% 26%-%
70 50 Owens-Ill Glass 12) 8 62% 61% 62%+ %
7% 3 Pao Am Fisheries.. 2 6 6 6 — %
25 11% Pae Coast 1st pf.... 80s 20% 20 20
16% 3% Pao Coast 2d pf_ 10s 11 11 11 + %
34% 27% Pac Gas & Eleo (2). 4 33% 33% 38% + %
4% 3 Packard Motor ... 19 3% 3% 3%
20% 9% Pan-Am Airways_ 6 18% 18 18% + %
2 % Panhandle _ 2 % % %
60% 35 Paraffine (2.25c)— 1 42 42 42 + %
14% 6% Paramount (.15c).. 11 7% 7 7% + %
107% 72 Paramount 1st (6). 2 87 87 87 +1
13% 7% Param't 2d pf (.60). 2 8% 8% 8% + %
4 1% Park Utah Mines 8 2% 2 2
47 36 Parke Davie I Iflei A ilu. jiil hill _ i.
22 11% Parker Rust (la)... 2 21 20% 21 + %
13% 6% Paths Film . 2 9% 9% 9% + %
62% 48 PenickAFord (3a>. 1 68 68 58 - %
96 74 Penney <JC> (3a). 3 94% 93% 94% +1
27% 15 Penn Railroad (lg) 36 21% 21% 21% - %
40 13% Pere Marquette pf _ 180s 23% 23 23V*- %
45 21 Pare Marq pr pf 10s 32 32 32 + %
8% 5% Pfeiffer Brew(.SOg) 2 7% 7% 7%
47% 28% Phelps Dodge 1.60g. 9 36% 36% 36% + Vi
48% 36 Phlla Co 36 pf (3).. 3 46% 43% 43% -2%
91 75 Phlla Co pf (6)- 1 82% 82% 82% - %
103% 74 Philip Morris (3)__ 3 90% 90 90 + %
46% 31% Phillips Petrol <2)_ 4 39% 38% 39
9% 6 Pierce Oil pf__ 3 8% 8% 8%
12 2% Pitta Coal _ 1 5 S 6 + V*
14% 4 Pitts Coke A Iron_ 1 7% 7% 7%
11% 4% Pitts Screw ... 8 7 ' 6% 7 + %
48% 22 Pitts Steel pf (B)._. 40s 30 30 30
40% 18 Pitts Steel pr pf_ 40s 25 24% 26 +1
25% 12% Pitts Steel 5% pf... 80s 16% 16% 16%+ %
20% 6 Pitts A W Va- 10s 13% 13% 13%+%
24 17% Plymouth OH 1.40a. 2 20% 20% 20% + %
16% 7%PoorACo(B) 2 10% 10% 10%
2% % Port R Am To A (r) 1 % % %
% % Port R Am To B (r) 4 % % %
16% 6 Pressed Steel Car . 8 12 11% 11%
49 18 Pressed Stl C 2d pf. 1 36 36 36
68% 50% Proctor A Cam (2a) 6 68% 68% 68%+ %
119% 112 Proctor A O pf (5).. 20s 115% 115% 115% - %
41% 31% Pub Svc (NJ) ,60e_. 8 40 39% 40
115% 101% Pub SvciNJ >pf(5)_ '2 118 112% 112% -1%
166 147 Pub Svc(NJ)pf(8). 10s 163% 163% 163% + %
41% 22% Pullman (1) 16 27% 27% 27% - %
11% 6% Pure Oil (.25g) ... 6 8% 8% 8%
18% 10% Purity Bak (1.50g)_ 3 14% 14% 14% - *i
8% 6 RadtoCorp (,20e)._ 64 6% 5% 6 + %
67% 63V, Radio cv pf (3.50).. 3 62 62 62 — %
2% 1% Radio-Kelth-Or (r). 6 1% 1% 1%
19% 6% Rayonler. Inc _ 1 17% 17% 17% + %
28% 12% Rayonler pf .50d_ 2 27% 27% 27% + %
10 6% Reliable Store ,50g. 1 7% 7% 7% — %
17% 9% Remlng-Rand .20e_. 1 9% 9% 9%
75% 50 Rem-R pf ww(4.50) 1 60% 60% 60%+ %
2% % Reo Motor (r)’- 2 1% 1% 1% + %
28% 12% Republic Steel . 38 20 19% 19% — %
95% 43 Rep Stl cv pf 7.60d_. 8 82% 82% 82% — %
20% 9% Revere Copper ... 1 12% 12% 12%
14% 7% Reynolds Metals ... 1 11% 11% 11%+%
45 35 Reyn Tob (B) .50e_. 17 41% 41% 41%+%
10% 6% Richfield Oil (.60s). 3 7% 7% 7%
9+ 6+ Ritter Dental ... 1 6+ 6+ 6+ - +
34 15+ Ruberold (1.10*)... l lg+ lgi* lgi* + +
6IS 27+ Safeway Strs 2.50*. 13 46+ 45+ 45'*+ +
49+ 27+St Joseph Lead da) 3 37'* 37 37 -1
% HStL-San Fran(r).. 3 + + +
2 + St L-San Fr pf (r.) 2 V* V* i* - +
23 10S Savage Arms 1.26*. 6 21 20+ 20+ + +
17+ 10 Schenley Distillers. 2 12+ 12+ 12+ — +
76+ 61 Schenley pf (5.50) .. 2 75+ 75+ 75+ + +
1 + Schulte Retail S «r) 1 S + a* + +
52+ 44+ Scott PaperU.60a). 2 46+ 46+ 46+ - +
1 + Seaboard Air L-tr). 2 + + +
3+ 1 Seaboard A L pf (r) 2 1+1 1
24+ 15+Seaboard Oil (1) 1 18+ 18+ 18+ + +
87 60+ Sears Roebuck (3a) 6 82+ 82+ 82+ + +
18+ 11+ Servel Inc (la) .. 4 15+ 15 13 - +
54 43 Sharp* D pf (3.50 ) 2 53 60+ 60+-1 +
11+ 6+ 8hattuck(F OX.40) l 6+ 6+ 6+ + +
38+ 28 Sheaffer Pen 2.75g 100a 87+ 87+ 37+ + +
17+ 9+ Shell Un 011 (.50*) 7 12+ 11+ 12+ + +
107+ 98+Shell UnOpf (5.50) 1 106+ 106+ 106+
28+ 16+ Slmonds S&S 1.40*. 1 21+ 21+ 21+ - +
29+ 15+Skelly Oil <.25e) _ 1 19+ 19+ 19+ + +
127 70 Sloss-Sheffield (3*). 10s 106 106 106
112+101 Sloss-Sheftpf (6).. 20*112+112 112 - +
21 11+ Smith (AO) -. ... 1 15+ 15+ 15+ + +
15+ 10+ Socony-Vac’m .60*. 60 12+ US US - +
3+ 1+ So AmerGold 20*.. 6 2+ 2 2 - +
35+ 14 So Porto Sug ,25e _. 1 23 23 23
30 23+ Southn Cal Ed 1.50a 4 29 28S 29 - +
21+ 10+ Southern Pacific . 18 13+ 13+ 13 +
23+ 11+ Southern Railway.. 7 17+ 17+ 17+
36+ 15+ Southern Rwy pt . 2 30 29+ 29+ — +
3+ 1+ Sparks Withington 2 2+ 2 2 — +
22+ 14+ Spencer Kell( 1.10g) 1 21+ 21+ 21+ - +
51+ 36 Sperry Corp (2g) 24 43+ 43 43S + S
53 42 Spicer Mfg pf A (3) 60s 53 52+ 53 + +
16+ 8+ Spiegel. Inc (.15e) . i2 9+ 9+ 9+
76+ 67+ Spiegel. Inc pf 4.50 30s 61 61 61 — +
34+ 18+ Square D Co 1.75*. 1 30+ 30+ 30+ + +
2:00 p.m.
T&Atf cSrSwdIRste. Ad'lool High. Low. Close, ehge. I
7% 6% SUnd Brands .10*.. 184 7% 7% 7% - %
108 04 Bund Br*ds pf 4.80. 2 106% 106% 106% + %
4% 2 Bund Gas 4k Else_ 70 2% 1% 1% -1%
10% 4% Bund GAB 84 pf_ 173 6% 3% 3% -2%
20% 10 Bund GJkE 16 pr pf. 68 14% 10% 10% -4
26% 18% Bund GAB <7 pr pf. 127 17% 18% 18% -8%
88% 24% 8Und OU Cal (la).. 48 25% 25 26 - %
80 22% Bund Oil Ind (la).. 60 26% 26% 26% -%
68% 88 Bund Oil NJ (la). 12 44% 44% 44% + %
80% 66 Starling Prod (3.10) 4 80 80 80
12% 6% Stewart-Wsrn .25g. 2 8% 8 8
7% 8% Stokely Brothers .. 2 6% 6% 6%
17% 8% StoneAWebster.Stg. 4 11% 11 11 — %
10% 6% Studebaker_ 21 9% 9% 9%
66 46% Sun 011(1)- 1 66% 66% 66%-%
128% 118% Sun OU pf (6)- 10s 122% 122% 122% - %
11% 7% Sunshine Uln 1.60.1 33 10% 10 10% + %
88% 19% Superheater (.80).. 2 26 25 25 — %
8% 1% Superior Oil _ 8 2% 2 2 — %
22% 10 Superior Steel_ 1 14% 14% 14%
26% 17 Swift A Co 1.20)_ 3 22% 22% 22%
87% 24% Swift Inti (2) .... 1 82 82 82 + %
9% 3% Symlng-Gould xw.. 2 6 6 6 — %
43% 33% Talcott (J) pf 2.75.. 10s 36 86 36
6% 3% Telautograph ,05e.. 1 4% 4% 4% + %
9% 4 Tennessee Corp_ 16 6 6
60% 82% Texas Corp (2)_ 11 44% 44 44
6% 3% Tex Gulf Prod .20g. 2 3% 8% 3%
88% 26 Tex Gulf Sul (2) .. 2 34 33% 34 + %
9 6% Tex Pac Ld Tr.lOg.. 1 5% 6% 6% - %
8% 1% Third Avenue 1 3 8 3 — %
88% 17 Thomp Prod (1)- 2 29% 29 29%+ %
8% 1% Thonapson-SUrrett 1 2 2 2 — %
18% 7% Thompson-Starr pf. 2 18 18 18
14% 9% Tide Wat A 0,80g . 2 10% 10% 10%+%
25 10% Timken-Det Ax(2g) 4 21% 21% 21%+%
64% 84% Timken R B 2.60g ..* 3 47% 46% 47% + %
8% 6> Transamerlca (.80). 2 5% S% 6%
14% 6% Trsnscontl A W Air 13 13% 13 13%+ %
4% 2 Tri-Continental ... 4 2% 2% 2%"
26% 11% 20th Century Fox_ 2 12 11% 11%+ %
84% 19% 20th Cen-F pf 1.60.. 6 26 26 25
12% 7% Twin Coach <.(0x). 1 9% 9% 9% + %
4% % UlenACo _ 1 1% 1% 1%
14% 6 Union Bax A Paper. '7 18 12% 12%+ %
94% 65% Union Carb (.50e) _ 12 81% 81 81%+ %
118 108% Union El(Mo)pf<6) 400a 113% 113% 113%
19% 15% Union Oil(Cal) ,25a. 3 16% 16% 16%+%
105 81% Union Pacific (6)_ 2 93% 93% 93% — %
90 78 Union Pac pf (4)_ 6 86% 85% 85%-%
24% 20% Un Tank Car 1.20a.. 5 23% 23 23 — %
61 81 Unit Aircraft (2x)_ 83 46% 45% 46 + 1%
16% 7% Unit Air Lines.. ... 80 15% 15 15%+ %
69% 62 United Carbon (3)_. 2 57% 56% 57%+ %
8% 2 Unit Corp 13 2% 2% 2% + %
40 80% United Corp pf (3). 11 38% 38% 38V. - %
7% 4% Unit Drux - 3 5% 6% 5%
85% 25% Unit EnxAFy 2.50x. 1 33 33 33
95 62% United Fruit (4)_ 1 84 84 84 + %
15 11 Unit Gas Imp (1)— 18 14% 14% 14%-%
14 6% Unit Mer A Mfx-— 2 11% 11% 11% + %
113 65% U 8 Gypsum (2a)._ 2 85 85 85 + %
10% 3% US Leather- 1 5% 6% 6% + %
15% 6% U 8 Leather <A).._ 8 9% 9% 9%
49 82% U 8 PipeA Fdy(2s) 4 37% 36% 37% +1%
38 28% U S Play Cards (2). 2 35 34% 35 +1
6% 1% U 8 Realty A Im(r) 2 1% 1% 1% - %
62% 31% U 8 Rubber 38 37% 37 37 - %
114% 86% U 8 Rub 1st pf (12x) 2 111% 110% 111% +1%
70% 60 U 8 Sm & R pf 3.50. ' 70% 70% 70%
82% 41% US Steel 83 58% 56% 57%+ %
120% 98% U S Steel pf (7> .. 1117 117 117
37% 30 U S Tobacco 1.76X-- 2 36% 36% 36% - %
4 1% Unit Stockyards 2 2% 2 2 — %
2% 1% United Stores (A) 4 1% 1% _ %
64 46 Unit Stores pf 6.50d 1 54 54 54
85 60% Univ Leaf Tob(4a). 1 67% 67% 67% -1
78 46% Univ Plctu 1st pf... 10s 67 67 67 -2
40 16 Vanadium (lx) -- 2 30% 30 30
31 18% Victor Chem 1.40x_. 2 29% 29 29%+ %
118 112% Va Elec Pwr pf (6). 30a 117% 116% 116% - %
35 33% Virxinlan R pf 1.50. 1 33% 33% 33%
101 64% Vulcan Detin 4.50e. 10s 92% 92% 92% — %
50% 30% Walker (H) (4)_ 1 34% 34% 34% — %
9% 4 Walworth Co - 5 5% 6% 6% — %
6% 3% Warner Bros Piet . 4 3% 3% 3%
4% 1% Webster Eisenlohr. 1 3% 3% 3% + %
28% 16 Wesson Oil A Snow 2 25% 25 25% + %
79 55% Wesson OAS pf (4) 4 70 70 70 — %
i 1 HQ H7 sat PannT / A W? I 1A. I AT*, 1 ATa lATa, • ..
108 88 West Penn E pf 4$) 20» 104 103(4 10314+ v,
114 95 West Penn E pf (Y) 110s 112(4 112 112 + H
6*4 2*4 West'n Maryland _ 2 3*4 3*4 3*4
37 16(4 West’n Union Tel . 3 23*4 23(4 23(4 + 14
3714 1814 Westh se A B 625g 5 24(s 24 241> H 14
121 8214 Westbse Elec 3.50g 7 1081 < 106*4 107 - *4
29*« 10(4 Weston El Inst lg.. 1 26*4 26(» 26(4
3914 15(4 Westvaco (la) .. 1 34(4 34(4 3414 - 14
3914 29 Westvaco pf (1.50). 4 35*4 35*4 3514 - 14
38(4 15*4 Wheeling Steel . 4 27 26*4 27 + 14
78 45 Wheel Stl pr pf (5). 2 68 67t» 68 -1V4
1214 814 White Dental (.60). 1 9*» 9% 944 - 4k
15*4 7 White Motor 1 H14 IH4 1114 - 14
514 1*4 White Sewing Mch. 8 5*4 5(4 5*4
714 214 Wilson * Co 5 5*4 514 5(4
6014 32 Wilson&Co pf 2.25d 1 54*4 54(a 64(4 + *«
50*4 36 Wool worth (2.40) . 10 40(4 4014 4014 - 14
2314 1014 Worthington Pump 8 1914 19 1914+1
74 4714 Worth Pump pf A-. 10s 68 68 68
12414 85 Wright Aero (2g).. 10s 10714 10714 10714 -l
3814 18*4 Yale4k Towne(.40a) 1 2214 2214 2214 —. *4
2114 11*4 Yellow Truck .. 10 17*4 1714 1714- 14
127 98 Yellow Tr"k pf 47)_ 20s 11814 118 11814 +114
2114 914 Young Spg 6 Wire. 2 11 10*4 10*«
66*4 30 Ygstwn Sheet A T 16 4014 3914 40 + 14
34 17 Ygstwn Stl Dr (lg) 3 24»k 211s 2414
314 2 Zonite Products 4 2(» 214 214-14
Approximate Sales of Stocks on the N. Y Stock Exchange
11:00 AM - 190.00(1 12:00 Noon_ 290.000
1:00 P.M ... .. 410.000 2:00 P.M _ 500.000
s Unit of trading. 10 shares.
r In bankruptcy or recelv^hip or being reorganized under
Bankruptcy Act. or securities assumed by such companies.
Rates of dividend In the foregoing table are annual dis
bursements based on the last Quarterly or semi-annual declara
tion. Unless otherwise noted, special or extra dividends are not
Included.
xd Ex Dividend. xr Ex rights a Also extra or extras,
d Accumulated dividends paid last vear e Declared or paid so
fat this vear. f Payable in stock g Paid last, year h Cash or
stock k Accumulated dividends paid or declared this year
__ I *
Fisk Officer Reports
Assets Transferred
To U. S. Rubber
, v
Announcement Made
As Holders Vote on
Dissolution Plan
By the Associated Press.
WILMINGTON. Del., Jan. 19.—An
official of the Fisk Rubber Corp. an*
| nounced today, as stockholders
, voted whether to dissolute the $14,
, 000,000 concern, that the corpora
tion's property and assets had been
1 transferred to the U. S. Rubber Co.
The transfer consummates the
{ purchase of Fisk by U. S. Rubber,
1 authorized by Fisk stockholders at
a meeting her* December 29.
| Kurt R. Vogel, secretary of the
, Fisk Corp., said that U. S. Rubber
i has paid over to Fisk cash and stock
valued at about $11,227,330—the
1 authorized purchase price—and has
taken control of Fisk properties.
' Official inspectors began counting
, proxies at a second stockholders’
> meeting today to determine whether
1 Fisk can dissolve and distribute to
1 its stockholders the money and
stock received for the sale. The
| corporation will continue to exist in
, name and on stock lists unti^ this
i distribution has been complete.
i wmineiu rteeu, attorney ror a
' minority stockholders’ group op
1 posed to the sale, appeared to voice
) objections to dissolution of Fisk
and filed proxies he hoped would
■ block this action. At the De
i cember 29 meeting he succeeded In
1 blocking dissolution and forcing
another vote.
' A two-thirds vote is required. The
Fisk management mustered 63 per
i cent of the corporation’s stock
holders in favor of the sale, but
this was insufficient to sanction
dissolution.
, Meanwhile the Fisk corporation
was ordered by Federal Judge Fran
cis J. W. Ford in Boston to show
> cause January 29 why an injunc
tion should not be Issued against
the sale.
1 Two Fisk stockholders, Roland
‘ and Cabria Lavallee of Northamp
ton, Mass., contended that the sale
was a merger in violation of anti
i trust laws.
k According to various Government
‘ reports, about 15 per cent of the
J 1,659,000,000 eggs produced in New
i York States in 1938 were used on
farms for eating and hatching.
J,
New Securities
Show Decline
During Week
By the Associated Press.
NEW YORK, Jan. 19.—Public of
ferings of new securities fell oil
during the week ended yesterday,
totaling (31,892,500, compared with
(77,155,820 the previous week, Poor’s
Publishing Co. reported today.
^ost of the Issues were for the
purpose of refunding existing debts,
only 22 per cent of the total rep
resenting demand for new money.
Comparisons follow:
Municipal.
Last Week. Previous Week. Tear Ago.
$15,212,500 $7,204,000 *7.790.100
Public Utility.
$3,750,000 $30,000,000
Industrial.
$11,180,000 _ ___
Miscellaneous.
__ $2,250,000 _
Stock.
$1,750,000 $37,701,830 $768,690
Total.
$31,892,500 $77,155,620 $8,556,788
Tin Prices Decline
Sharply at London
By the Associated Press.
LONDON. Jan. 19.—For the sec
ond consecutive day tin prices suf
fered a severe setback in dealings in
the metal exchange, depreciating as
much as £7% since Wednesday.
Today spot tin was quoted £234
10s bid, £234 15s asked; futures,
£234 10s bid, £235 asked.
The softening price tendency was
attributed mainly to persistent sell
ing by British smelters and was re
garded as an indication of the de
velopment of a more normal inven
tory position in the United King
dom.
Bids on Old Liners •
Will Be Received
Br the Associated Press.
The Maritime Commission said
today it would receive bids January
25 for the purchase of four one-time
luxury liners now a part of its
"ghost fleet."
The commission originally called
for bids for today on the vessels—
the George Washington, Montlcello,
Mount Vernon and America—but
said in announcing the postpone
ment that additional time was re
quired.
The vessels, once owned by Ger
; many, are laid up in the Patuxent
River at Solomonl Island, Md.
*
New York Cotton
By the Associated Press.
NEW YORK, Jan. 19.—Cotton
futures sagged at the outset today,
recovered substantially, then edged
off again in afternoon trading.
Hedge offerings, realizing and
Bombay selling met a less active
trade demand despite reports of in
creased textile activity. The early
sell-off was in response to declines
abroad and active selling by Bombay
brokers, which diminished when
foreign markets closed.
Late prices were 7 to 10 lower;
March (old) 10.99, May (old) 10.74,
December 9.79.
Codanseed Oil.
Bleachable cottonseed oil futures ranted
unchanged to £ points lower around noon
today on sales of only six contracts.
Trading was largely local. March and
May each were even on bids of 7.0fl and
7.17. respectively. July was bid 2 lower at
7.27.
Crude oil sold in the Southeast and
valley early at H cents a pound and later
was bid at that level. Texas quoted 6%-6
nominal, depending upon location.
New Orleans Prices.
. NEW ORLEANS. Jan, 10 i/pi.—Cotton
futures here today were under the influ
ence of weak foreign markets and at noon
prices were 1 to 6 points net lower with
trading aulet.
„ . High. Low. Last.
March -11.14 11,08 11.13
May - 10.80 10.83 10.80
July - 10.52 10.45 10.52
October _ 0.80 0.80 0.80
Cottonseed oil opened steady: January.
fl.50b: March. 8.55b: May. R.70b; July,
8.82b: September. 6.87b. b Bid.
Consumption of Steel,
Iron Scrap Climbs
Spend Dispatch to The Star.
NEW YORK, Jan. 19.—With De
cember consumption estimated at
3.805.000 tons, a slight seasonal de
cline from November, domestic con
sumption of iron and steel scrap in
steel mills and foundries in 1939 is
estimated at 35,006,000 tons by the
Institute of Scrap Iron Sc steel, Inc.,
New York. ,
This total compares with only 21,
528.000 tons in 1938, and with the
record total of 38,006,272 tons melted
in 1937.
This scrap was consumed in the
manufacture of new iron and steel
for all purposes, in equal proportions
with pig iron. It is estimated by
the institute ttytt the use of 35,000,
000 tons of scrap in 1939 conserved
almost 175,000,000 tons of iron ore,
coal, limestone and other natural
resources.
Exports of iron and steel scrap
have declined sharply due to lack of
vessel space. The November move
ment of 272,656 tons was less than
the 336,775 tons of October and the
273,403 tons of November, 1938.
The Christian Endeavor has 80,
000 societies throughout the world.
Stock Gains Reduced
Dr Wiped Out by
Late Selling
Aircrafts Lead Rise;
Action of Steels
Is Chilling Factor
Stock Averages
SO IS 18 m
Indust. Ralls. OtU. Stks.
Net change. +2 +.1 +.1 +2
Today, noon 702 18.7 38.4 49.7
Prev. day.. 705 18.6 392 495
Month ago. 72.7 19.7 392 509
Year ago... 742 22.0 379 51.9
1939-40 high 77.0 23.8 40.6 539
1939-40 low 582 15.7 33.7 41.6
1938 high.. 795 235 372 54.7
1938 low... 492 12.1 249 33.7
1932 low... 175 8.7 239 169 *
1929 high..1462 1539 184.3 157.7
1927 low... 51.6 952 612 612
(Compiled by the Associated Press.)
ny vitiuii LUoAiiiit
Auociited Press Financial Writer.
NEW YORK, Jan. 19.—Aircrafts ■*
led a highly selective rally in to
day's stock market.
Erratic tendencies of steels was a
chilling factor and early gains
running to a point or more were
pared or erased in many cases at
the close.
United States Steel and Bethle
hem slipped at the start, turned
around for modest advances and
then backed away again.
Commonwealth & Southern turned
over in blocks of 5,000 to 28,500
shares, unchanged at 1%. This
helped push the market's volume
to around 650,000 shares for the
five hours. Most of the activity was
on the upside with the ticker tape
loafing in reactionary intervals.
Some buyers stepped in on the be
lief the market had retreated far
enongh for the time being. Then,
too, while fears of a sizable business
recession still engendered bearish-*
ness, constructive interpretations
were placed on scattered industrial ^
news items.
Radio Corp. was a lively per
former with a minor plus sign. Sup
ported also were General Motors,
American Telephone, Du Pont,
Johns-Manville, Great Northern,
Montgomery Ward, eGneral Tire, ■**
Douglas Aircraft, United Aircraft,
Lockeed, Loft and tSandard Oil of
New Jersey.
Chicago Grain
By the Associated Press.
CHICAGO, Jan. 19.—Wheat prices
dropped as much as IV2 cents today,
but regained some of this loss before
the close.
Selling was inspired partly by
signs of moderating weather over
most of the grain belt, while the
rally followed announcement that
the Government export subsidy pro
gram is being revived in a limited
way to help clear some of the
Pacific coast surplus.
Wheat closed ^i-lVi lower than
yesterday. May 1.01 Vi-Vi. July 984
%; corn Vi-% down, May and July
584; oats unchanged to V4 lower.
WHEAT— Open High. Low. Close
May -1.014 1.024 1.00*4 1.014-4
July _.894 .994 .984 .984-4
Sep. „ .984 .984 .974 .98
CORN—
May -.584 .58*4 .584 .884
July -.584 .584 .584 .584
Sep _.594 .594 .584 .594
OATS—
S ::::: 38 38 38 38
%>, •33’
May . 1.12 V, 1.124 1.11*4 1.124
Julv -1.09*4 1.094 1.08*4 1.09*4
RYE—
May .71*4 .724 .71 .714
July .71*4 .72', .70*, .71'
Sep .71 .724 .704 .71
LARD—
Jan. _ 8.12 8.25 8 12 8 •'>5
Mar. - 8.55 8.55 8.50 8 50
May 8.85 8.72 8 55 6i85
July 8 82 8 90 8.75 8.85
Sr BELLIES — 710 6 95 7 05
Jan. k o.
Mar. ‘ 6.50
Chicago Cash Market.
Cash wheat. No. 3 red. 1.03*4. Com.
No. 1 yehow. 80-804: No. 2. 594-804:
No. 3. 59-80: No. 4. 59: No. 1 white. 684.
Oats. No. 2 mixed. 424: No. 2 white. 43
No K 42'*: sample grade, white.
40*2 Soy beans. No. 2 yellow. 1 124:
No. 3. 1.11-1.124. Barley, malting. 64
88. nominal: leed. 40-50. nominal: No 1
barley. 87: No. 2. 88. Timothy aeed. 4.85
90. nominal. Sweet clover. 4.50-5 25,
nominal Red clover. 12.50-15.00, nom
ln»l „ Red top. 8.50-9.no, nominal. Alslke.
15.00-18.00. nominal. Alfalfa, 17.50
22.50. nominal.
_ Winnipeg Prices.
WINNIPEG. Jan. 19 lAV—^Graln range
today:
WHEAT— preT. „
,, High. Lo* Close, close!
May - .874 .88*, .87 .87
July - .874 .874 .874 .87%
October - .89 .884 .884 .89
OATS—
May . .414 .414 .414 ,41V,
_ Baltimore Quotations.
BALTIMORE. Jan 19 OP).—Wheat: No.
r.Jfd wi**f*r, garlicky, spot, domestic.
1.134.
A. B. A. Creates New
Credit Department
By the Associated Press.
NEW YORK. Jan. 19 —The Amer
ican Bankers Association announced
today the establishment of a con
sumer credit department to serve
the several thousand member banks
engaged in the extension of instal
ment loans to the public.
Walter B. French, a marine in the
World War and recently vice presi
dent of the Trust Co. of New Jersey,
Jersey City, N. J., will direct the de
partment.
Pay Increase to Be Discussed
A yearly salary increase of $60
for low-paid workers of the Federal
and District Governments will be
discussed at a meeting of the United -
Government Employes at Gamet
Patterson Junior High School,
Tenth and U streets N.W., at 8
o’clock tonight. The U. G. E.
Forum will meet at Shiloh Baptist
Church, Ninth and P streets N.W*
at 3 pm. Sunday.
Stock Exchange Seat
Is Sold for $59,000
By th« Associated Press.
NEW YORK, Jan. 19.—The first
membership in the New York Stock
Exchange sold this year changed
hands yesterday at $59,000, a de
crease of $1,000 from the previous
transaction. High price in 1939
was $70,000, the low $51,000.
High Seeks Office
LINCOLN. Nebr., Jan. 19 UP).—
Frank A. High of Lincoln, former
Nebraska Anti-Saloon League su
perintendent, campaigned today for
the Republican nomination for lieu
tenant governor with the "golden
rule” his platform.
“Well, why not?” he queried in
announcing his candidacy. “About
everything else has been tried and
the country Is still in a mess. Why
not try a little religion?”
y .*