Evening star. [volume], January 30, 1940, Page A-16, Image 16

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

Image provided by: Library of Congress, Washington, DC

                
Washington Gas Light
Earns $1,154,923
During Year
Net Registers Gain
Of $168,463 Over
Preceding Period
By EDWARD C. STONE.
Net earnings of the Washington j
Gas Light Co. in 1939 amounted j
to $1,154,923. in comparison with j
$986,460 in the full year 1938. or an !
increase of $168,463, according to
the financial report filed with the
Public Utilities Commission today.
Operating revenues totaled $8,
244.855, an increase of $491,159. At
the same time operating expenses,
including taxes and uncollectible
hills, required $6,399,846, which was
$558,948 more than a year ago.
This left a net operating income
of $1,845,009, which was $67,789 less
than in 1938.
Non-operating revenues amounted
to $164,361, which was $67,023 ahead
of the previous year. Gross income j
was almost exactly the same as a
year ago, but interest and amorti- j
zation required only $854,447. which
was $169,229 under 1938 require
ments, as well p,s furnishing the
chief reason for the 1939 net im
provement.
December Net Lower.
The December report filed with
the Public Utilities Commission
shows operating revenues of $885,571
for December this year, compared
with $840,026 for December, 1938,
an increase of $45,545 as a result
of the larger volume of gas sales, j
Operating expenses this Decem
ber amounted to $634,927, an in
crease of $74,613 due principally
to ihe production and handling of
the larger volume of gas. Non
operating revenues this month
amounted to $1,443. Interest charges
were $72,012. or $36,426 lower than
last year because of the bond re
financing effected in November,
1938.
The result of the month's opera
tion was a net income of $180,075.
compared with $187,121 for Decem
ber a year ago. a decrease of $7,046.
Ihe company reports gas sales of
1.345,086 thousand cubic feet for the j
montn of December, an increase of :
93,709 thousand cubic feet over De- '
cember, 1938. There were 158.295 j
meters in service on December 31
1939. a gain of 4.246 over the same
date last year.
The company expended approxi- i
mately $124,300 in December for im- ,
provements and additions to its I
property and spent over $1,113,000
for that purpose during the year j
1939
C. & P. Phone Earnings Rise.
Net earnings of the Chesapeake
& Potomac Telephone Co for the
full year 1939 amounted to $1,805,- ■
543, in comparison with $1,708,132 j
in 1933. an increase of $97,411, ac- '
cording to the report filed with the '
Public Utilities Commission today, j
Operating revenues in 1939 totaled j
$12,205,834, against the lower figure 1
of $11,379,850 in the previous year, j
Operating expenses also increased,1
$8,651,281. as compared with $3,198.- j
321 a year ago. leaving net operat- j
ing income of $3,554,553, against
$3,131,529.
Operating taxes required $1,251,
668, compared with the lower figure
a year ago of $1,099,394. Total in- j
come, including operating and non
operating revenues, totaled $2,331.
562. against $2,11*6913 a year ago,
from which interest deductions took
$526,019, against $418,781 in 1938.
The December report, also filed
with the commission, showed oper
ating revenues of $1,075,115, against
$1,008,088: operating expenses of
$755,746 vs. $726,644. and taxes to
taling $123,712. compared with $97,
534 a year ago, leaving a net oper
ating income of $195,657. as com
pared with $183,910 in December,
1938.
Interest deductions called for
$47,748, against $39,843 in December
of the previous year, leaving a net
income of $148,879. in comparison
with $144,456, or an increase of
$4,423, the report disclosed. There
was a net gain of 14.338 telephones i
in 1939. against a gain of 13.008 in
1938, the rroort said. Total calls |
reached $3' 57.000 in 1939, against
317,995,000 in 1938.
More New Savings Records.
Improved business and employ
ment were reflected in year end fig
ures for mutual savings banks of
the United States, holding more |
than one-fifth of American bank
deposits In assets, deposits and
number of depositors they now stand
at their all-time peak, accordiing to
the National Association of Mutual
Savings Banks. These institutions,
operating in 17 States, last Decern- I
ber 30 had deposits of $10,480,684,326,
a gain of $245,252,874 for the year
1939.
me most impressive gam, as ami
by officials of mutual savings banks,
was the rise in accounts by the
number of 291.913 to a total of
15.448,466.
That this accumulation of capi
tal was widely distributed is shown
by the average deposit of $845.80
in regular mutual savings accounts.
The average of all accounts held
by such banks was $678.43. In the
case of regular accounts the figures
increased $10.97 for the year and
$3.70 for all accounts.
The reduced earning power of
capital was emphasized by the con
tinuation of declining dividend rates
paid to mutual depositors. For the
year they averaged 2.26 per cent,
against 2.33 per cent for the first
six months of 1939.
Heard in Financial District.
Johnston. Lemon & Co was among
the underwriting firms which today
offered an issue of 50,000 shares of
Dixie-Home Stores common stock
at $9.50 per share.
Thomas M. Groom, vice president
of the Bank of Commerce & Sav
ings, was back at the bank today
after a week's illness.
Another large delegation of Wash
ington bankers will attend the an
nual dinner of New York Chapter,
American Institute of Banking, Sat
urday night
Washington Chapter. National
Association of Cost Accountants, will
entertain their families and friends
at a dinner dance at the Hamilton
Hotel tomorrow evening.
There are 35 bank directors in
New York City who will not be al
lowed to serve on two different i
boards after February 1. many res
ignations being expected tomorrow.
The new law against interlocking
directors has already been met by
the banks here.
*
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE
D) rnvau wire uirm rv ine aiar.
2:30 p m.
Prev ’.3P-’40 Stock and Sales— Net.
Hish. Low. Dividend Rate. Add 00. Hlirh. Low. Close chge.
114 fi'4 Adams Exf l.25g) . 4 8 7% 7%
68 454 Air Reduction (la). 10'514 50% 60% -14
10 64 Alaska Juneau 15e. 2 6% 64 64
2 % Alleghany Corp .14 4 4
204 5% Allegh y $30 pf ww. 9 114 10% 10% - 4
184 44 AlJegh'y $40 pf xw_ 1 94 94 94 — 4|
234 8 ANegh'y prior pf .. 1 144 144 144 — 4'
284 14 AIleg-Ludlum 60g_ 7 20% 204 204 - 4
2004 151 4 Allied Chem (6a)... 7 172% 1714 172 - 4
154 94 Allied Mills (lg)_ 3 144 144 144 - 4
11% 6 Allied Stores 5 8% 8 8-4
71 544 Allied Stores pf (5) 2 674 67 67 +34
48% 28 Allls-Chalm (la) .. 5 37 86 36 -1
744 50 Amerada (2) 1 534 634 634 — %
244 16 Am Ag Ch Del 1.30g 1 20 20 20
49'. 16% Am Airlines . 8 484 47% 47% - I
17% 9% Am Bank Note 1 10% 10% 10% - 4
60 46 Am Bank N pf (3).. 10s 47% 47% 47%
8 34 Am Bosch .. 2 6 5% 6 + Vi
67% 31% Am Brake Sh (la).. 9 39 284 39 - 4
179 150 Am Can pf (7) . 1 1744 1744 1744 - 4
40% 16% Am Car* Foundry. 1 25% 2 5 % 25% — %
64 30V. Am Car * Fdry pf .. 2 44 43 43 -2
"54 13', Am Chain & C .40e . 1 20% 20% 20% - %
114 54 AmComc'l Alcohol. 1 6% 6% 6% — 4
8% 14 Am & Foreign Pwr. 3 14 1** 14
254 10 Am & For P pf.3«k 1 20 20 20
30% 12% Am & For P pf ,35k. 3 24 234 234 -4
9% 5 Am & For'n P 2d pf. 3 54 54 54
35% 12 Am Hawa n SSda). 8 324 31% 21%-%
60% 41% Am Home Pr (2.40). 2 58 68 68 — 4
34 1% Am Ice .. 1 2% 2% 2%
29% 144 Am Ice pf ... 2 28% 28% 28% - V.
9 3% Am International_ 4 5% 5% 5%
30% 13 Am Locomotive . 2 19% 19 19% — %
15% 11 Am Mach & Fv i 80) 2 144 1 4 134 - %
54 24 Am Mach & Metals 1 24 24 24
404 22% Am Metals (.506) . 13 2.3% 23 23 - %
26 214 Am News t.25e) 1(4 23% 23% 23% - %
7 - Am Power & Light 9 4 4 4 —4
51 28 Am P&I.S5nf.9375k 7 45% 454 4.5% t •%
63% 32 Am P*l.$6pf 1.125k 3 5 % 64 ■■ 55
18% 8', Am Radiator 3(lg 2(6 9 . 9% 94
22% 114 Am Rolling Milts 11 lot. 114 15 - 4
6 1 2.5' , Am Sm & Ref ;50e . 2 484 48 48% — 4 i
694 59'- Am Snuff i3a i 1 694 69% 69',+ %|
41 204 Am Steel Fdry ,25e _ 5 7% 264 27’. — 4
144 8% Am Stores (.5hg) .. 2 124 12% 124 - 4
18% 9 Am Stove (,25e) . J 16% 16% 16% + %
344 15% Am Sugar Refining. 7 :0 20 20 -f- %
18', 134 Am Sumat Toh (1). 1 157. 154 154 + 4
172% 148 Am Tel & Tel (9) _. 12 I70-. 170% 1.04 » 4
88% 73 Am Tobacco f2 S64 86% 864 — %
904 75% Am Tobacco. R)(5) 6 89 88% 8e % + '*
153% 132 Am Tobacco pf (6) 1 149', 149 149', - 4
8% 44 Am Type Founders 1 54 5% 54
1 SI. A n. O' .t.r Oil ms- in. in. — c.
15% 3% Am Woolen 5 7% 7®. 7% — %
64% 28% Am Woolen pf (3k). 2 43% 41% 41% -2
12 4 Am Zinc • 8 5% 5% 5% — %
40 20% Anaconda (1 25g).. 11 27 fc6% 27 + %
4 l«a A P W Paper 1 2% 2% 2%
37 21 Arch Dan-Mid 1 lOg 2 32 31% 32
8% 3% Armour (J11 > 6 5% 5% 5% - %
60 33% Armour(111 >pr pf 1 49 49 49 - 1%
58 31 « Armstrong C'k .25e 7 49 39% in
10% 5% Artloom Corp 1 8% 8% 8% — %
10% 5s*. Assoc Prv Goods 5 7% 7% 7% — l4
42% 21 Atch Top&Sante F'e 17 23% 22% 23 — %
71 49% Atch T&SK pf 2.50e 2 53 52% 52%-%
30% 15 Ati Coast l.ine 2 19% 19% 19 - - %
24% 18% Atl Refining tl) _ 3 21 20% 20% — V*
9% 7 Atlas Corp t 50g)__. 1 8'. 8% 8%
5% 1', Auhurn Auto tr) 18 2% 2% 2% + %
9% 3% Aviation Cotd 11 6% 6% 6%
.1% 9' ‘ Baldwin l.nrn t trs 5 15% 15 15% + Vs
S'% 3Ts Balto & Ohio (r) 6 5% 5% 5%
11V* 4 % Balto & Ohio pf (r) 17 7 7
20 i 11% Bangor& Arstook 1 12% 12% 1 _•% - % .
s7% 45 Bangor & Ar pf »5) 80s 46 45% 46 +1 j
19 11 - Barnsdall Oil .15e 10 12% 12% 12%
27% 1 % BavuK Cigar t 7i»a) 5 2 •' . 6% 6% — % j
29% 17 Beatrice Crea «la) 1 27% 27% 17% —1
9% 7% Bedding-Hem .2'»c 1 9% 9% 9%
33% 16 - Lb r.dix Aviat’n .50e 20 30% 30% 30% — %
22% 17% Beneficial Ln 1 85g l :2 2’ 21 — %
571 v 32 Best A* Co ( 1 60a) 1 37% 37% 37% - %
LOO o% Bethlehem Stl tie) 20 72% 7z1 _• 73% - %
20% 15'v Beth Stl 5% pf i 1 ) 64 20% 20% Ws
121 99% Ref h Steel nt 171 5 118% 118 118 — IV*!
24% 15% Bigelow Sanf’d( lg) 3 21% 31% 31% - % j
17 * 8 _■ Blaw Knox 2 10% 10% 10 * — %
26% 13% Bliss & Laugh 2.50g 3 20 19 19 - %
75 35 Blumenthal (S) pf 50s 75%> 75% 75% ♦ V?
24% 16 * Boeing Airplane 14 24 23% 23% — %
28% 16 Bohn Alum & B (1) 3 23% 23% 23%
L23% 100%. Bon Amt»A)(4a) 20s 119% 119% 119%
65 51 Bon A mi ( B»2.5(»a 60« 64% 64 64% + %
23 16% Borden Co «1 40g) 6 22% 22% 22% - %
32 18 * Borg* Warner tla). 17 24% 23% 23% ” %
35% 19% Bower Roll B (3) .. 2 32 32 32 - %
7% 5% Brewing Corp « 60) 2 6% 6% 6% - %
15% 7% Bridgeport Brass 10 11% 10% 10% — %
31 - 16% Briggs Mfg 1 25* -• 4 19% 19'i, 19% - %
41 31 Briggs & Strat (3) 1 39% : S% 39% - %
16% 7% Bklyn Man Transit 43 14% 13% 14V* — %
54% 27 Bklyn-Man Tran pf 2 1% 50% 50% -1
53% ; 9 Rklvn Man pt rtfs 10 50 .. 49 49V* —1%
15. 5% Rkl\ n & Queens pf 6 13 13 13
14 - 11 Bklvn&Qu ns pf cfs 2 12s. 12% 12 j — %
30 k 13% Pkl.Mi l*n O iv ,2.‘-e 9 23% 23 28% - %
25% 9% Brunswu k-B 2.75* 2 22% 2 - 22% - %
13% 7 Bucy ms-F!rie • r»0g) 4 9% 9-4 9%
L( 6% 94% Bucyrus-F; pf (7) 20s 104 103 101 «* 1
4 F’.udd Mfg 8 5% % 5% — %
5 5% 29 , Rudd Mfg pf 20s 9% 29 39% - %
6% 2 Budd W heel 6 4% 4% 4% — Vs
: 4 « 21' Rulova Watch (2a) 1 29 29 29
21% 11% Burlington M (1) 12 ‘.0% 19% :0
18% 11 Burr’s Add M .10e _ 5 12% 12 12 4- %
7% 1 Bush Terminal _. 1 3% 2% 3s*. + %
9% 5% Butler Bros (.30g). 2 6% 6% 6% — %
6% 2% Butte Copper 1 3% 3% 3% - %
3% *'* Callahan Zinc . 5 1% 1% 1% + %
10% 4% Calumet & Hec .25e 2 6% 6% 6% — %
17% 9V* CampbTl Wya't .40e 3 14% 14 14% ♦ %
20% 12 Canada Dry <60g) 18 18s* 18 18% + %
6% 3% Canadian Pacific 8 5 4% 4%
43 35 Cap Admin pf A (3) 100s 40 40 4o - %
87% 77 Caro-Clin & O (5) 50s 88 88 88 + %
33 13 - Carpenter Stl 1.30* l 24% 24% 24%
94' . 63% Case tJ 1 ) Co 5 69 66 66' > -4%
122% 110 Case (J I) Co pf (7) 120a 11"* 112% 112%. -3%
64% . 8% (Caterpillar Tract 2) 10 51% 51 51 — •%
30% 13% Celanese Corp .60* 10 27% 26% 26% — %
[14% 84 Celanese pr pf «7 > 20s 114 113% 113% — %
;,()% 18% Cent Aguirre (1 50) 3 22% 22% 22 «. - %
5% 2% Central Foundry 8 3 27* 2% - %
96 85% Century II M pf (7) 10s 94% 94% 94% +2%
13 5% Certain-teed 3 6s* 6% 6%
47% 22 Certain teed pf 110s 28% 28% 28% — %
_9% 3% Chesapeake Corp (r) 3 4% 4% 4%
47% 27 Ches & (>hlo 2 5<>a > . 12 39% 39% 39% + %
97% 85% Ches & Ohio pf (4). 2 96% 96% 96%+-%
14 9% Chi Mail Order 2 9% 9% 9% + %
1% % Chi M StP&P pf (r) 1 % % %
1% % Chi & Northwn (r)_ 2 % ft % + h
39% 30% Chi PnTcvpf (3) . 1 34 34 34
94% 53% Chrysler Corp (5*) 27 82% 81% 82 — %
14% 9 City Ice & F < 1 20) 2 13% 13% 13%+ %
97% 79 City I & F pf(6 50) 150s 97 96% 97 - %
58 46% City Invest (2.50*) x 10s 60 60 60 +11%
34% 15 Clark Rquip 2.25g 2 28% 28% 28% — %
39% 20% Clev Graphite 2.50g 3 38% 37% 37% -1%
60% 34 - Climax Molib 1.20a. 3 37% 37% 37% + V«
39 , 21% Cluett Peab 2 .75* _ 9 39 38% 38% - %
133 105 Coca-Cola <5g) 4 U9V4 119 l!9% — •%
IS'- 11 % Co1*ate-Fal-P 50 5 18 17% 17% — %
|(»7 101% Col*-Pal-P pf tfi) 7 105% 105% 105% — %
37% 20% Collins Aikm’n 2e 3 35 34 * 34%
2i% 11 % Colo Fuel & Iron 1 18 18 18 — %
>• % 2% Colo & Southern 90s 3% 3 3 — %
9% 3% Colo & So 1st pf 20s 4% 4% 4% + %
*\5% 14 Cclurn RCt A >1 50*. 3 24 23% 23% - %
25% 14 Colum BC(R)1.50*. 3 23% 23% 23% - Vi
9 5% Columbia Gas & El . 1/ 6% 04 t>4 — v*
304 154 Columb Pic pf 2.75_ 2 234 234 234 + v4
57 38% Cornel Credit < 4) — 5 474 47 47 —4
60 42 Cornel InvTr (4)— 3 53% 534 63%
16 8% Cornel Solvents 25 134 13% 134
324 25% Comwlth Ed • 1.80>_ 45 324 32 324
24 14 Comwlth & South’n 144 14 14 14 -
734 45% Comwlth & S pf (3) 3 654 65% 654
30% 19 Congoleum <la) 2 23 23 23 — 4
32% 154 Consol Aircraft _ 5 264 264* 26V? - %
91 794 Consol C pr pf 6.50 . 50s 86% 864 864 -24
11 4% Consol Cop M( 30g) 3 74 7% 7% — 4
35 27 Consol Edison (2).. 23 314 31% 314
1084 101% Consol Edis pf <5)_. 7 1074 1074 107% — 4
74 3% Consol Laundries _ 3 44 44 44
94 64 Consol Oil (80) . 8 7% 74 74
9 1% Consolidation Coal 1 3% 3% 3%
174 94 Container Corp .25e. 6 164 164 164
224 114 Conti Baking «A> 2 13% 13% 13% — %
2 1 Conti Baking <R> 1 14 14 14
100 874 Conti Raking pf <8) 3 95 95 f5
514 324 Conti Can (.50e) 6 42% 424 42%
404 294 Conti insur <1 6°a) 4 394 394 394
54 1% Conti Motor _ 61 4 4 3% 4 +4
514 194 Conti Oil (.25e)_ 9 24% 24% 24% — 4
324 164 Conti Steel <2g) I 28 28 28 - 4
614 49 Corn Exchange (3). 50s 554 544 544 — ■%
674 544 Corn Products (3)_. 12 644 634 634 •%
177 150 Corn Prod pf (7)_ 2 1744 174% 174% — %
5% 3 Coty. Inc (50g) 9 5 5 5
24 % Coty Internatl 20g_ 2 1 1 1—4
38 16 Crane Co <.60g) _ 4 23 224 23 + %
13 64 Crosley Corp 2 64 64 64 — 4
414 204 Crown Cork & Seal 2 28% 284 284 ” 4
404 33 Cr’nC&Spfww 2.25 40s 40 40 40
394 28 Cr’n C&S pf xw 2.25 2 404 40 404 + %
17% 9 Crown Zeller 25e 5 15% 15% 15% - 4
94 75 Crown Zeller pf (5) 40s 904 90 90 -4
52% 244 Crucible Steel _ 2 364 36 36 — %
13 3 Cuban Am Sugar- 5 64 64 64 - 4
194 9 Cudahy Packing_ 2 134 134 134 — 4
284 26 Cuneo Press .375e__ 1 26% 26% 26% + %
74 34 Curtis Publishing14 4 4
134 44 Curtiss Wright _ 55 10% 104 104
324 194 Curtiss Wr<Al»2g) 12 294 28% 28% - %
25 13% Cutler flamm'r 75g 2 18% 184 18% - 4
10% 4% Da vison Chemical . I 74 74 74 — 4
j 54 k5% Deere & Co ( 75g)._ 9 20 * 204 20% — Vi
-8 124 Dei & Hudson 4 18% 18% 18% — %
84 3% Del Lack & Wn 15 5 6
32% 18 Devoe & Ray A .25e 60s 214 214 214 + 4
34vh 28 Diam d Match 1.50 1 344 344 344 — %
104 54 Diam T Mot 40g — 13 94 84 94
204 13% Distill-Seacr <2) 8 194 194 194 - 4
354 30 Dixie-Vor( A) (2.60) 60s 364 354 3§4
i
ei ,.ju p in.
Prev. *39-*40 8tock and Sales— Net. 1
High. Low. Dividend Rate. Add 00. High. Low. Close, chge
22% 10 Doehlei Die Casting 1 18% 18% 18% — %
34 20% Dome Mines (2) ... 6 22% 2i% 22% - %
87% 65 Douglas Air <3g) .. 7 83 81% 82 —1
1S2V4 101% Dow Chemical < 3> _. 2 153% 152 152
17% 6 Dresser Mfg (.75g). 5 16% 16 16 - %
188% 126% Du Pont (7g) ... 8181 I79%179%-1%
124% 112 Du Pont pf (4.50) 4 123% 123% 123%
118% 111% Duquesne 1st pf(5) 30s 117 116% 116% - %
31% 12% Eastern Air Lines 12 30% 29% 30 - %
186% 138% Eastman Kodak (6) 2 161% 161 161%
32% 16% Eaton Mfg <.75e) . 7 32% 32% 32%
19% 15 Edison Bros S (la). '1 16% 16% 16% + %
3% 1 Ellington Schild 1 1% 1% 1%
40% 22% Elec Auto Llte(3g). 2 26 35% 85% — %
18% 8% Electric Boati 60g) 5 15V* 15% 15% — %
3% 1% Electric & Music 1 1% 1% 1%
12% 6% Elec Pwr & Light 8 .6% 6% 6% — %
28 18% Elec Pwr & Lt $6 pf 2 26 25% 25% - %
41% 20% Elec Pwr& Et $7 pf 8 29% 29 29%-%
55 23% Elec Slur Bat (21 1 29 29 29 + V*
42% 28 El Paso Nat G «2)_ 2 37 36% 37
55 32% Endicott-John (3)._ 1 45% 45% 45% — %
13% 7 Elig Pub Service .. 1 9% 9% 9% — %
6 1% Erie Rll 1st pf tr)__ 9 2 » '2% 2% + %
3% 1% Erie KK 2d pf (r)._. 1 1% 1% 1% + %
13 6 Evans Products_ 1 8% 8% 8% — %
25% 14% Ex-Cell O (lg) _ 1 22% 22% 22% - %
8% 2% Fairbanks Co pf 20s 5% 5% 5% + %
43% 24 Fairbks Morse tla). 3 38% 38 38 —1
38% 20 Fajardo Sugar <2)_. 3 26 26 26 — %
6% 2% Fed Motor Truck 2 4% 4 4% + %
23% 14% Ferro Enamel ila). 2 17% 17% 17% — %
40% 27% Fidelity Phoe 1 60a. 2 40 39% 40 + %
25% 17% Firestone Tire 25e. 1 19% 19% 19%
106 99% Firestone pf (6) .. I 105% 105 „ 105% — %
31% 15 Flintkote tig) . 3 19% 19 19 — %
-38 25 Florence Stove!lig) 2 31 33 33 + %
25 17 Florsheim (A) (2).. 1 24% 24% 24% + %
.* I1 Foilaushee Bro irt 5 2% : % 2% — %
108%- 103% Food Mach pf(4 50) 10s 107% 107% 107% + %
9% 1% Francisco Sugar 2 4% 4% 4% — %
20 18% Freeport Sulph (1). 6 23 S2% 33 — la
18% 7% Gair i Hubert I pf 111 14 II — %
9 5% Gen Am Invest 25g 4 6% 6% 6%
II 7% Gun Baking t 60) 7% 7% 7 . — %
18 9 Gen Cable .. 16 10 9% 9% — %
25% 16 Gen Cigar ( 1.75k) .. 3 18 17% 17% - % \
1301x106 Gen Cigar pf (7) 10s 116 116 116
44 . 31 Gen Electrict 1.40g) 30 38% 38 38% — %
48% 36% Gen Foods (2) . 17 18 47% 47% — % (
I1. % Gen Gas & El (A)._ 10 a % ’a
130% 125% Gen Mills pf (5) .. 70s 130% 129% 129% - %
56% 36 « Gen Motors l3.50g). 25 62% 52% 52%
6% 3% Gen Outdoor Adv .. 6 4% 4% 4%
10% 7 Gen Print Ink 80g 1 9% 9% 9%
28 12% Gen Kwy Signal .. 1 16% 16% 16% — %
1% % Gen Realty At Util 1 % % %
41 19% Gen Refractor .25e. 1 29% 29 , 29% — %
22% 13% Gen Telephone) la). 2 21% 21% 21% — %
15% 8% Gen Thea Eq I 80g) 4 12% 12% 12%
18 10% Gen Time tlg) _ 1 16 a 16% 16%
27% 15 % Gen Ttre&llub .50g. 3 21% 21% 21% + !«
8% 5% Gillette Saf K t.60). 2 6% 6% 6%
54 43% Gillette S K pf la)-. 1 50 60 50
13% 6% Gimbel Bros .. 6 7% 7% 7% + %
66% 43 Gimbel Bros pf (6). 8 56% 54% 56% +1%
24% 14 Glidden Co t.50g 1 4 17% 17% 17% — %
47 34 Glidden cv pf (2.2a) 1 42 42 42
-4% 13% Goodrich t B F It lg) 2 17 17 17
38% 21% Goodyear Rub ,25e 11 22% 22 2.%
1% % Graham-Paige 131 1% 1 1% + ■%
10% 4% Granby Consol .25e. 1 7% 7% 7% — %
10% 9 x Grand Union x ctfs. 3 9% 9% 9% + %
35 24% Grant (WT) 85e .. 1 32% 32% 32% + %
33% 16% Great North n pi 5 24 23% 24 — %
22% 12% Gr't N'or O ctfs 7ae 35 12% 12% 12% - %!
37% 23% Great Wn Sub l2) - 1 27% 27% 27% - %
35% 24% Green illE) (2a) .. 1 32 32 32 — %
21% 14 i Greynound t la i .. 10 16% 16% 16% + %
6 % Guantanamo Sugar 2 2% 2% 2% — %
38 32 Hack Wat pf 11.75) 40s 35% 35 35 - %
H) - Hall i W F) Prig 1 18 Is 18 - %
103% 96 Hanna <M)pf<5) . 10s 10.4 103 103
•/i I T L J, r. H'.jIL-arJlp) K VFu u S' a ’/ S * ■
94 71 Hal Corp pf (6.50) 10s 95 95 95 HI
44 2 HavesMfgCorp 2 34 o«t 3-4 - 4
1134 93 Hazel Atlas Gl (5) 1 1124 1124 1124 - 4!
134 84 Hccker Prod .60 1 104 104 104
1354 1284 Hercules P pf (6) 10s 1334 1334 1354 + 4 1
1154 100 Hershey cv pf (4a)_ 1 113 113 115 + 4 j
ol 294 Holland Furn (2).. 1 314 314 314 - 4
214 84 Holly Sugar .. 1 124 124 124 - 4
664 474 Homestake (4.50) 9 594 594 594 - 4 j
36V* 27 Houd-Her (A)(2.50) 2 334 334 354
174 84 Houd-Her (Bl 75g 3 12 12 12
73'* 604 Houseliold Fin (4a; 2 694 694 694 - 4
94 44 Houston (Jll - 2 (>4 54 5 «
57 40 Howe Sound (3a)... 1 49-* 494 494+ 4
354 214 Hudson Bay 1.75g_. 3 244 244 244 -4
54 24 Hudson & Man pf_. 1 3 3 3^
2V» »» Hupp Motor - 1 4 ’* "»
204 9 Illinois Central- 4 114 114 114 — 4
49 38V4 Illinois C L J. (4).. 20s 39 39 39
94 44 Indian Refining .. 1 54 54 54
294 164 Indust Rayon 7tg . 2 26 4 264 26 ,
131 86 Ingersoll Rand < le) 1 1154 1154 1154
984 67 Inland Steel i4g) 3 82 814 814 + V,
21 9V» Inspiration Copper. 4 114 114 114 — V,
94 24 lnterboro K T (r) . 20 34 34 34 I
110 90 lnterchem pf (6). 4"s 110 110 110 h2 |
i6:, 74 Interlake Iron .. .0 10V* 94 9 * - 4 j
2s* 14 lntl Agricultural 2 2 14 2 + 4
1954 145 lntl Bus Mach (6a> 1 181 181 181 -1
714 454 lntl Harvester 1,60 10 654 54 . 5c -14
84 34 lntl Hydro-El (Ai 2 4 « H4 44
174 24 lntl Mercantile Ma 9 94 94 9 * — 4j
664 35 lntl Nickel Can (2) 31 36 . 35 . 354 - 4 ;
144 64 inti Paper & Power 12 124 124 124 - 4
574 25V* lntl Paper & Pw pf 14 544 53 534 — 4
60 4 394 lntl By C'en A pf 2k 100s 55 55 55 + 4
404 314 lntl Shoe t 1.50a) 1 344 314 314 - V,
94 34 lntl Tel & Teleg 15 44 4 4
94 4 lntl T & T for’n cfs 2 44 44 44 - 4
144 74 Interstate Dept Str. 1 9 9 9 — V.
324 18 Island Crk Coal (2) 1 244 214 244 - V*
18 13 Jarvis t WB) 1.50g. 2 154 154 154
90V* 68 Jewel Tea (4a) -. 2 90 90 90 414
105 59 Johns-Manv 2.75g 2 724 72 72 -4
83 35 Jones & Laughltn pt 1 584 584 684 4 V*
18 124 Ka.vser (J) (1.50g>. 2 134 134 134 - 4
10V» 5 Kelsey Hayes (B) 3 64 6 6 - 4
99 79 Kendall pf (6) 20s 954 954 954 +14
464 28 Kennecott Cop(2g) 20 354 35 . 354
164 84 Keystone Stl 80g . 1 134 134 1+4 - 4
31 124 Kinney $5 pf (3g) ._ 40s 304 30 30 - 4
.64 20 Kresge (SS)(1 20) 8 254 244 2o4 + 4
294 20V* Kroger Groc (1.60). 8 294 284 28 ,* - 4 |
184 14 Lambert (,375e) ... 3 16 16 16 - 4 :
54 3', Lane Bryant ... 1 5 5 5 - 4
118 112 Leh Port C pf (4).. 50s 110 110 110 -44
34 Vi Leh Valley Coal ..11 1 1
64 24 Leh Valley RR (r). 1 34 34 3V* — 4.1
564 364 Libbey-Ow-F 2.75g. 2 484 484 484 - 4,
10 44 Libby McN & Lib 1 1 l 7 - 4
1084 95 Ligg & Myers (4a) 3 1074 107 107 - 4
1094 954 Ligg & Myers(B)4a 6 1084 107'* 1074 - 4 j
47 31V* Link Belt (1)_ 2 38 38 38 + 4 \
20V* 10 Lion Oil Ref (1) 1 124 124 124 + 4
19 134 Liquid Carb & C.25e 5 17 164 164 - 4
364 18V* Lockheed Alrc (lg) 44 304 294 304 + 4
544 30V, Loew's, Inc (2)_ 8 354 354 354 + V*
24 6 Loft Inc 158 244 234 244 +1
62 384 Lone Star Cmt(3a). 3 444 434 444 + 4
22V* 164 Loose-Wiles .25e— 2 17 164 17 — V*
25 194 Lorillard tl.40g) ... 10 244 244 244 + 4
1594 138 Lorillard pf (7) . 30s 158 158 158 +14
67 364 Louis & Nash 1.25e. 1 fio 60 60 + 14
234 18 Mack Trucks 50g . 8 24 4 21 244 — V*
434 254 Macy (RH)Co.50e 11 29 284 284 - *»
19V* 114 Madis Sq Gar .25c 2 124 124 124 + 4
64 1 Manatl Sugar 2 24 24 24 - 4
16 5 Man R.v mod gtd (r) 1 154 154 154 - 4
16 124 Man Ry m gtd ct(r) 6 154 15 154 + V*
164 10 Manhat Shirt (la > . 1 154 154 154
5‘* 44 Marine Midl’d 10e . 15 44 44 4 . + 4 |
'74 94 Marshall Field ,30g 7 134 13 4 134 - V* j
454 26V* Martin (Glenn) lg.. 7 38'* 38 38 - 4
104 2 Martin Parry .. 5 84 84 84
67V* 30 Masonite Corp (1).. 1 37'* 364 364 -1
374 204 Math Alkill (1.50).. 1 29+ 294 294 - 4
634 404 May Dept Strs (3).. 1 52 52 52 +4
64 34 Maytag Co - 1 34 34 3-4 + V*
364 244 Maytag Co pf (3) .. 1 264 264 264 — Vi
16V* 104 McCall Corp (1.40). 1 15 15 15 -4
254 15-4 McGraw Elec (1) .. 1 234 234 234 — 4
59V* 39 McIntyre Pore (2a) 2 454 45V, 454 + 4
184 84 McKeesport Tin .. 1 11 11 11
144 6 Mead Corp 2 104 104 104
314 28V* Melville Shoe (.D0e) 1 294 294 294 — V*
64 3 Mengel Co l 5V» 5V« 54
28V* 14 Mengel Co 5% pf I6O9 234 231, 234
214 114 Merch & Min Trans 80s 154 154 154 - V*
ggi* 25 Mesta Mach 50e . _ 1 29 29 29
164 64 Miami Copper _. 1 84 84 84 - 4
40 184 Midland Stl P (5g). 2 35 344 -344 - 4
1204 101 Mid Stl 1st pf (8).. 180s 115 114 115 +24
6-. 24 Minn-Moltne Imp . 1 34 3:4 34
24 4 Mo-Kan & Texas .31 1 1
9% 2% Mo-Kan & Texas pf 3 34 3% o% - Vs
14 -At Mo Pacific (r) 10 tV tW ti
24 4 Mo Pacific pf (r) 19 tit _fit h
21 10% Mohawk Carpet .75g 5 17 17 17 - 4
1144 854 Monsanto Ch (3pi 1 107 107 107 + 4
1224 112 Monsanto pf B 4.50 30s 1214 1214 1214 t 4|
574 404 Montg Ward 1.25e - 20 524 514 514 — 4
374 224 Morris & Es (3 875) 20s 30 4 294 304 + 4
19 94 Motor Products _ 1 114 114 114 — 4
174 10 Motor Wheel (1.60) 1 16% 16% 16% + 4
74 34 Mullins Mfg (B) — 1 44 4 4 »- 4
444 30 Mullins Mfg pf -. 30s 31 31 31 -1
704 50 Murphy (G C) 3.25g 3 684 68 68
94 4 Murray Corp - 2 54 54 54
94 5% Nash-Kelvlnator . 10 64 6% 64
264 14 Nash Chat&StL le . 300s 204 194 194 - %
184 74 Natl Acme <.50g) . I 14 14 14
15 74 Natl Aviatioru 75g) 4 13 124 124 — 4
284 21% Natl Biscuit (,40e)_ 4 244 244 244 — 4
174 104 Natl Bd & Inv 80a 3 174 174 174 + 4
264 144 Natl Cash Keg (1) 11 15% 15 154 - 4
16 84 Natl Cyl Gas (,50g) 1 104 104 104 - 4
184 124- Nat) Dairy (.80) 11 164 164 16% - 4
1174 110 Natl Dairy pf A (7) 20s 1114 1104 1114 +1
114 107 Natl Dairy pf B(7) 70s 1094 1094 1094 - 4
28 4 204 Natl Distillers (2) K 234 234 234 - 4
164 84 Natl Gynsum(.25g) 6 11 11 11
274 174 Natl Lead ( 60a) . 3 19'. 194 194 - U
354 144 Natl Malleable lg._ 4 22% 224 224 -%
10 64 Natl Pwr & Lt 60__ 14 84 8 8 -4
82 52 Natl Steel (1.7QC)_ 3 654 65 65 —4
154 64 Natl Supply- 1 84 84 84 -4
A
-..hi pro. ,
Prev. ’39-'40 Stock ar.d * Sales— Net.
Hirh. Low. Dividend Rate. Add 00. High. Low Close, cnge.
5% 25* Natl Tea Co 1 3% 3% 3% + V*
42 32 Newberry (J J)(2>. 1 41 41 41
23% 11V* N Y Central ... 17 16% 16 16% — Vi
25% 10% N Y Chi & St Louis. 2 17 17 17 - %
45V. 18% N Y Chi & St L pf-- 2 32 31V4 31% - 5»
1% %NYNH&H(r) . 20 % % %
5% 1% N Y N H & H pf (r). 4 1% 1% 1% - %
17 8% N Y Shipbuilding - 1 13% 13% 13%-%
97 70 N Y Shipbldg pf 10* 92 92 92 -2
219 168 Norfolk & Wnl 10a) 1 213 213 213
29% 125* Nor Am Avia 1.40g 25 26% 25 25%
26% 185* Nor Am Co <1 2«a> 17 22% 21% 215*-%
69% 523* North Am fiCV pf <3) 2 57 57 57 — %
14% 7 Northern 1’arifle 11 8% 8% 8% — Vi
40 29 Northwest Tel (3). 60s 33% 33% 33%-%
6% 234 Norwalk Tire ... 3 4% 4% 4% - 5*
10% 6 Ohio Oil 3 7 6% 63* — V*
20% 12 Omnibus Corp 1 20a 3 13% 13% 13%
’7% 155* Otis KlevatorLl5e). 5 17V* 17% V7%
148% 128 Otis Kiev pf (6) 60s 143 141 113
16 7% Oils Steel -. 3 10% 10% 10%
70 50 Owens-111 G1 .50e_ 3 63 62% 62% - 5*
15% 35, Pac Coast 2d pf 10s 12% 12% 12% — V*
34% 27% Pac Gas & Klee (2) 1 33% 33% 33% - V.
50% 41 Pac Lighting (3) 2 48% 48% 48% - %
21V, 9% Pac Mills 2 13% 13% 12%
1323*114 Pac Tel & Tel 7.25g 80s 130% 130% 130% - %
7% 6 Pac Tin Consol .log 4 6% 6% 65* + Vi
4% 3 Packard Motor _. 14 3% 3% 3%
20% 9% Pan-Am Airways... 6 18 173* 18 + %
3 5* Panhandle 5 3* 3* 3*
14% 6% Paramount l.lGg) . 13 7% 7% 7%
135* 7% Param t 2d pf ( 60). 1 9 9 9
4 1% Park Utah Mint s . 11 13* 13* 1%
47 .36 Parke Davis <.40e). 6 43% 43% 43% + %
22 11% Parker Rust (la) ... 5 21% 21% 21 % — %
13% 5% Pathe Film 41 10% 105* 10%
6.'% 48 Penlck * Ford (3a). 4 56% 56 56% -1
95 74 Penney (JCl (3al._ 5 91 90* 90% — 3*
4% '5, Penn Coal & Coke . 13 3 3 - Vi
•7% 15 Penn Railroad (lg) 16 21% 21% 21'*
19% 7% Pere Marquette . 1 10 10 10 -1
10% 6% Petrol Cocp ( 70g) . 5 7% 7% 7% — %
8% 5% Pfeiffer Biew(.5(lg) 10 8 8 8 + 3.
47% 28% Phelps Dodge 1.50g 111 36 35% 35% - %
48% 36 Phila Co $6 pf (3) . 1 45 43 45 *2%
91 75 Phila Co pf (6) .. 1 80 80 80
1% % Phila* R C& 1 <r)_ 12 % % %
103% 74 Philip Morris (3).... 2 90% 90',a 90%F %
7 2:% Phillips-Jones _ 2 4% 4% 4% — V*
46% 31* Phillips Petrol (2) . 3 40% 40 40 - 5*
4 2 Phoenix II pf 1.73k 2 4 4 4
54 36 Phoenix Hos pf 3.50 10s 54 64 54 4 1
31% 23 Pillsbury FI fl 60). 2 26% 26% 261*
12 2% Pitts Coal . _ 1 4% 4% 4% 4 %
14% 4 Pitts Coke & Iron 1 73* 7% 7% — V*
175 158 Pitts FtW&C pf (7) 60s 172% 172% 172% 41'
IP. 4% Pltls Screw 7 i 6% h-. — %
16% 7'. Tins Steel 1 9% 9% 9%
25% 12% Pitts Steel 6% pr . 10s 17'/. 17'. 17% + %
24 17% Plymouth Oil 1.40a 1 20% 20% 20% - %
10% 7% Poor & Co < B) 1 10% 10% 10%+ %
16% 6 Pressed Steel Car 2 12 12 12
68% 50% Proctor * dam (2a) 2 68% 68% 68%+ %
119% 112 Proctor* O pf (5). 20s 114% 114% 114% - %
41% 31% Pub Svc (NJ) fine . 10 4! 40% 41 + %
115% 101 % Pub Svci NJ ) pf (5) - 1 111% 111% HIM. + %
141 129 Pub Svct NJ )pf (7) _ L 14: . 142% 142% + %
lfifi 147 Pub Svcl NJ >r>f ( 8 ) _ 60s 16 !% 163% 163%+ %
41% 22% Pullman (.2',e) 17 27% 26% 27 — %
11% 6% Pure 011 1.2.',R) 5 8% 8% 8% - %
18% 10% Purity Bak (1 5flg). 2 15% 15% 15% — U
8% 5 llatllo Corp (,20e) __ 24 5% 5'. 5"w + %
67% 53% Badio cv pf (3.50) . 3 63% 63 63%+ %
2% 1% Radio-Keith-Or (r) 41 1% 1% p,
111, 4% Railr’d Sec 111 Stk . 1000s 5% 5% 5% — %
23% 16% Uaybest-Man .IT.e - 2 20 20 20 - %
28% 12% Rayonier pf ,50d . 1 28% 28% 28% - %
22% 10% Reading Coil) 1 15% 15% 15%+ %
17% 9% Reming-Rand 20e . 4 9% 9, 9'. - %
2% % Reo Motor (ri _ 7 P. 1% P* + %
28% 12% Republic Steel - 26 19% 19% 19%
95% 43 P.epStl cv pf 7.50d. 4 90% 89 90% 4 3%
89% 42 Rep Steel pi A (6)__ 2 68% 68% 68%
20% 9-% Revere Copper 2 12 . 12% 12 . + !.
14% 7% Reynolds Metals __ 1 IP. 11% 11% + %
11% 5% Reynolds Spring - 1 6% 6'. 6'. — %
45 35 Reyn Tob < B) 50e 20 40% 40% 40% - %
10% 6% Richfield Oil i 50g> 3 7 •» 7% 7%
17% 10 Roan Antelope 5fig 111 11 11 + %
51% 27% Safeway Strs 2.50s 27 48% 47% 48 + %
109 82% Safeway S pf (o> 10s 106 106 106
116% 104% Safeway S pf (7) 10s 114 113% 114
49% 27% St Joseph Leadf la) 2 38% 38% 38%-*%
6 1*4 St L-Southwn (r) 10s 2 2 2 — \
23 10 i Savage Arms 1 25g 2 224 224? 224 - 4
17 «. 10 Schenley Distillers 1 124 124 124 — 4
104 34 Schulte R S pf (r) .. 2 6 6 6 - 4
524 444 Scott Paper(1 60a)_ 6 464 464 464
1 4 Seaboard Air L (r). 1 4 4 4
87. 604 Sears Roebuck (3a) 15 834 824 824 - 4
184 114 Servel. Inc (1)~ - 13 154 15 154- 4
21*4 104 Sharon Steel _ 1 124 124 124
74 34 Sharp & Dohme _ 2 4 4 4 * 4 4
54 43 Sharp & D pf <3 50). 1 514 514 514 f 4
174 94 Shell Un Oil (.50*)- 4 114 114 114
324 174 Simmons Co 1.75g 1 214 214 214 — 4
127 70 Sloss-Sheffield 13g) 10s 10', 105 105 -2
21 114 Smith i AO) 1 154 154 154
174 9 Smith & Coro(.50g). 1 104 104 104
24 124 Snider Pkg 1 22 22 22 - 4
154 104 Socony-Vac'm 50g 31 114 114 114 — 4
"4 14 .So Amer Gold 2f'g .3 24 24 24
30 234 Southn Cal Ed 1.50a 12 294 29 294 + 4
214 104 Southern Pacific 15 134 124 134
234 114 Southern Railway _ 13 174 174 I7l4 + 4
64 154 Southern Rvvv pt 17 314 304 31 — 4
514 36 Sperry Corp (L’g) .. 14 454 45 454 — 4
344 11 Spicer Mfg <2g> 1 304 304 304 - Vs
53 42 Spicer Mfg pf A (3) 30* 524 524 524 — 4
164 84 Spiegel. Inc (.15e) . 10 94 94 94 - 4
74 54 Stand Brands 10e 20 7 64 7
4 4 14 Stand Gas & Elec 2 2 14 2 + Vi
104 3% Stand G&E $4 pf 15 54 44 54 + 4
204 10 Stand G&E $6 pr pf 6 134 13 134 -4
254 134 Stand G&E $7 pr pf 23 17 154 164 -6 4
334 244 Stand Oil Cal (la) 16 244 244 244 - 4
30 224 Stand Oil Ind (1) 14 264 264 264
-.•IW l'. III.
Prev. '3f>-'40 Stock and Sales— Net.
High. Low. Dividend Rate. Add 00. High. Low close chge.
53% 38 Stand U1I N J tla) 30 44 43H 43% - %
80% 65 Sterling Prod 43.SO) 3 78% 78 78 - %
12% 6% Stewart-Warn 25g. 2 8 7% 7% - %
7% 3% Stokely Brothers ._ 8 6% 6% 6% — %
17% 8% Stoncft Webster.25g 7 10% 10% 10% - %
10% 6% Studebaker .. 102 10% 9% 10% + %
66 45% Sun Oil (la) 1 59% 59% 59%
11% 7% Sunshine Mfn 1.60_. 6 10% 10% 10% - %
38% 19% Superheater (.50)_ 2 24% 24% 24%
3% 1% Superior OH _ 3 2% 2% 2%
22% 10 Superior Steel _ 1 14 14 11 -1%
25% 17 Swift & Co 1.20)_ 3 22% 22% 22%
37% 24% Swift Inti «2> ... 1 32 32 32
12% 4% Symlng-Gould ww.. 6 7% 7% 7%
9% 3% Symlng-Gould iw.. 2 5% 5% 5% — %
9% 4 Tennessee Corp __ 2 6% 5% 5% — Vi
50% 32% Texas Corp (2) .. 12 43 42% 42%
5% 3% Tex Gulf Prod 20g. 1 3% 3% 3% + VI
38% 26 Tex Gulf Sul (2) . 3 34 33% 33%.- Vi
11% 7 Tex Pac C&O (.40).. 1 7% 7% 7%— Vi
9 5% Tex Pac Ld Tr.lOg.. 1 5% 5% 5% - V,
6 2% Thermotd _. 14 4.4
3% 1% Third Avenue . 2 3 3 3
3% 1% Thompson-Starrett 4 2% 2% 2% — %
23 7% Thornpson-Starr pf 2 22% 21% 21% — N
14% 9% Tide Wat A O 8'ig . 6 10% 10% 10% + M
25 10% Ttmken-Det Ax(2g) 7 22% 22 22 - %
64''. 34% Timken R B 2.50g . 2 48 47% 47% - %
8% 5 Transamerlca i.50) 4 5% 5% 5% — V>
14% 6% Transcontl & W Air 6 14% 14% 14%
10% 5% Transue & Williams 1 7% 7% 7% + Vi
4% 2 Tri-Continental_ 23 2% 2% 2%
88 74 Tri-Cont'l pf (6) ... 1 78% 78% 78% - Vi
26% 11% 20th Century Fox... 2 12% 11% 11% - Vi
3% 1% Twin City Rap Tr 3 2% 2% 2%
35% 17% Twin City Rap T pf 40s 28 26 28 +2%
12'% 7% Twin Coach i 50g). 3 10'% 10% 10% - %
66 34% Underw-Ell-F <2) . 1 41% 41% 41%+ %
14% 6 Union Bag & Paper. 20 13% 13% 13% — Vi
94% 65% Union Carb t.50e) . 11 80% 80% 80% — %
19% 15% Union Oil (Cal) .25e 3 16% 16% 16%
105 81% Union Pacific if>)... 5 94% 94 94% +1%
90 78 Union Pac pf (4) 2 86% 86% 86% +1%
25% 20% Un Tank Car 1.20a . 10 25% 25% 25% + %
51 31 Unit Aircraft (2g)_ 20 47% 47 47% - %
16% 7% Unit Air Lines . 22 15% 15% 15%
18% 14% Unit Biscuit (.25e)_ 3 15% 15% 15% - Vi
69% 52 United Carbon (3).. 1 55 55 55
3% 2 Unit Corp 27 2% 2% 2%
40 30% United Corp pf (3). 9 39% 39% 39"*+ Vi
7% 4% Unit Drug _ 2 5 5 5
8% 3% Unit Electric Coal.. 1 4% 4'% 4% — %
95 62% United Fruit (4) .. 6 82% 81% 81V* -1%
15 11 Unit Gas Imp (1) 17 14% 14% 14% — %
| 117'* 110 Unit Gas Imp pf (5) 1 116% 116% 116'*
• ■■ uiui met umiK —. C. l f*t i l -N — *
113 65% U S Gypsum (2a) 3 86% 86% 86% — %
29% 13% U S Indus Alcohol.. ? 22% 22 22 — 1
10% 3% U S Leather _ 3 5% 5(4 5% — %
49 32% U S Pipe & Fdry (2) 4 36% 36% 36% - ’
38 28% U S Play Cards (2) 1 35% 35% 35 % — %
62% 31% U S Rubber 18 35% 34% 35% + 1
114% 86% U S Rub 1st pf(12g) 2 111 111 111 -
82% 41% US.Steel ... 68 58 56% 57% - 4
120% 98% U S Steel pf (7) ... 3" 117% 117 117 - '
37% 30 U S Tobacco 1.76b . 1 37 37 37 - ■
85 60% Univ Leaf Tob(4a). 2 65 64% 65 — 1
80% 45% Univ Pictu 1st pf... 100s 79% 79 79
40 16 Vanadium (]g) _ 2 30 30 30
40 26 Van Raalte (2a) 2 37% 37% 37% + %
31 18(4 Victor Client 1.40b 1 30 - 30 30
5% 2% Va-CaroChem _ 2 3% 3% 3 ,
33% 17 Va-CaroChem pf 1 27% 27% 27% — t-1
118 112% Va Klee Pwr pf (6) 10s 117 117 117 + %
5% % Va Iron Coal&Coke 100s 1% 1% 1% -r (t
48 45% Virginian Rwy 1 46 46 46
35 33% Virginian R pf 1.50. 6 34 34 34 + %
3 % Wabash <r) .. 11 1 1
23% 15% Walgreen < 1.60 > . 3 21% 21% 21%.+ M
20% 14% Walker (Hi pf (1). 1 16% 16% 16 ,- %
9% 4 Walworth Co _ 3 5% 5% 5% — t,
14% 7% Ward Baking (A)_ 1 8% 8% 8%
2% 1% Ward Baking (B).. 2 1% 1% 1% — V
6 « 3% Warner Bros Piet.. 11 3% 3*, 3% — ,
3% 1% Warren Bros ir) _ 4 1% 1% 1% — %
j 35% 19% Warren Fy & P (2). 1 30 20 30 - >■
24% 14% Waukesha Mot <1 >. 1 18 18 18 - %
4% 1% Webster Eisenlohr. 3 3% : % 3%
79 55% Wesson G&-S pf (4). 1 71 71 7l
114 95 West Penn E pf<7) 20s 111 111 111 -1%
115 v 105% W Penn Piv pf 4.50. 1 115% 115% 115% - V<
I 6% 2% West'n Maryland . 3 3% 3% 3% - •%
11% 3% West’n Md 2d pf _ 3 6% 6% 6%
i 37 16% West’n Union Tel 5 23% 23 23 — %
121 82% VVesthse Elec 3 50g 5 108% 107% 107% - ",
145 126 Westhse El pf<3.50) 20s 135 136 135
39% 15% Westvacoila) 1 36% 36% 36% + %
97% 74 Wheel & LE pf 5.50 350s 98 96 97% +3%
38% 15% Wheeling Steel _ 2 27% 27% 27% - %
15% 7 White Motor 5 12 11% 12 + %
6% 1% White Sewing Mch 5 5% 5% 5% - %
22 14 White Sew prpf ,50e 1 20% 20% 20% — V<
3% 1 Willys-Uverland 4 1% 1% 1%
6% 2% Willys-Overl’d pf . 3 3% 3% 3%
7% 2% Wilson & Co 7 5% 5% 5% — t,
60% 33 Wilson&Co pf 1.50k 1 59% 59% 59% - %
! 50% 36 Woolworth (2.40) 25 40% 40% 40%
23% 10% Worthington Pump 3 19% 19 19% — %
124% 85 Wright Aero (2g) . 10s 110 110 110
89 75 Wrig!ey(3a> 2 86% 86 86%+ %
33% 18% Yale & Towne(,60a) 6 2 >% 23 23 — V*
21% 11% Yellow Truck 4 17% 17 17 4 +. 1,
56% 30 Ygstwn Sheet & T . JO 39% 39 29% - %
31 17 Ygstwn Stl Dr (Ig) 2 23% 23% 23%
22% 12 Zenith Radio (lg) . 1 15% 15% 15% - %
3% 2 Zonite Products 1 2% 2% 2% + %
Approximate Soles of Stocks on the N Y. Stock Exchange
11.00 A.M - 130.00(1 12:00 Noon 230 000
1:00 P.M . .. 290.000 2:00 P.M _ 370+100
s Unit of trading. 10 shares
r In Bankruptcy or rereiversbio or being reorganized under
Bankruptcy Act. or securities assumpd bv such companies.
Rates of dividend m 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
I included.
xd Ex Dividend xr Ex rights a Also extra nr extras
; d Accumulated dividends Paid last year e Declared or paid sr
I tat this vear. f Payable in stock g Paid last year h Cash or
'lock k Accumulated dividends paid or declared this year
Chicago Grain
By the Associated Press.
CHICAGO. Jan. 30.—Wheat price?
were 1 ,.t8 cent lower at one stage
today but all of this lass was re
covered before the close. The lowest
prices in more than six weeks were
recorded early in the session.
Selling inspired by moderating
weather, melting snow and more
favorable crop reports from the
winter wheat belt accounted for
most of the early decline. On the
other hand, there was considerable
buying to even up accounts later in
the session, with mast traders
awaiting the Hitler speech. Moderate
purchasing.was credited to mills.
Wheat closed !s lower to 3»
higher compared with yesterday's
finish, May, 97-97’*; July. 9412-'G
corn, ts-’i down, May, 563b: July,
56>4; oats unchanged to ’8 lower.
WHEAT— Open. High. Low Close.
May .!•<>>, .fill1* .fiT-flT’s
July .Iia’s .:*412 PS1 * ,!>4<2-l4
Sep 1)3.flips .PH .fllt’a-’.
CORN—
May .56*4 .56 ‘r ..}578 .503r
July .56 >« .56*2 .">534 .:>»P4
S°p. .5634 57 .56 "s .561s
OATS—
May ,3h34 ..Tsn4 ,3S5r .3K3-4
July .337a .34 .3378 -''.37 a
Sep. .32 .32*8 .317 a .32
SOY BEANS—
May 1.6512 1.0634 1.05*2 l.O0*-a
July 1.03*4 1 04*4 1.03 1.04*4
RYE—
May .6734 .«*77a .66*a .67*4-3»
July .67*4 .6734 .66*2 .67*/a
Sep. .67*2 .67'* 4 .665« .67
LARD—
Jan. _ 5.00
Mar. 6.10 6.10 6.02 6.07
May 6.30 6.30 6.17 6 25
July 6.47 6.47 6.35 6.45
Sep 6.67 6.67 6.55 6.62
BELLIES—
Mar. 5.00 5.00
May 6.57
Chicago Cash Market.
Cash wheat. No. 3 hard. 00. Corn. No
2 mixed. 6334-64*4: No. 1 yellow. 5S'*»-50
No. 2, 58*2-50*2; No. 3. 58*-4-50; No.
white. 65*4-66*8. Oats. No. 1 feed. 30*4
No. 2 mixed. 4 1*4- sample mixed. 37*4
No. 2 white. 43; No. 3. 413i-42*4: sample
grade, white. 3834-30:'t. Rye. No 3. To14.
Bariev, malting. 55-64 nominal; fejd. 40
47: No 4. 58: No. 3 malting. 63. Field
seed .per 100 lbs., nominal: Timothy seed.
4.00-5.25: sweet clover. 4.50-5 25: red
top. 8.50-0.00: red clover. 12.50-15.00;
alsike. 35.00-17.00: alfalfa. 18 00-23.00.
Winnipeg Prices.
WINNIPEG. Jan. .'JO </P).—Grain range
today:
WHEAT— Prev.
High. Low. Close, close.
May, .84% .84Va .84% .84%
July __ .85*2 .84% .85% .84%
October _.86 Vat .85% .86% .86
OATS—
May .40% .39% .40% .39%
Baltimore Quotations.
BALTIMORE. Jan. 30 </P>.—Wheat. No.
2 red winter, garlicky, spot, domestic. 1.10.
Food Machinery Co.
Reports Higher Net
By the Associated Press.
SAN FRANCISCO, Jan. 30—Food
Machinery Co. reported $214,412 net
profit for the December quarter, an
increase from $159,791 earned in the
liKe 1938 quarter.
After allowance for preferred divi
dends. the company earned 45 cents
a share on the 426.676 outstanding
common shares, compared with 27
cents in the preceding December
quarter.
A
U. S. Steel Discloses
Sales of Coal on
I
Open Market
Closing of Pittsburgh
Rivers Cited in
Announcement
By the Associated Press.
PITTSBURGH, Jan. 30.—Thf
United States Steel Corp. disclosed
today it had extended its new policy
of selling surplus raw materials tc
i sales of coal on the open market. .
Reports from New York steel cir
cles yesterday said U. S. Steet alsc
would make sales of limestone and
ferro-mangane.se to outside con
sumers.
The corporation last week de
parted from its previous practice of
retaining its own raw materials by
selling 150.000 tons of iron ore to the
Ford Motor Co.
A spokesman for U. S. Steel said
a subsidiary, the National Mining
Co., had entered the open market
for coal because of the ''opportunity
provided by the condition of local
rivers.”
Traffic has been closed on the Alle
gheny River and practically at a
standstill on the Monongahela. U
S. Steel, however, is able to ship into
the Pittsburgh district by the Mon
tour Railroad, another subsidiary,
a ’ the Pennsylvania Railroad.
lether the H. C. Frick Coke Co.,
with which National Mining is
affiliated, will sell coal on the open
market was not disclosed.
The change of policy of the cor
poration has not been explained.
Property of Indiana
Transit Firm Sold
By the Associated Press.
SOUTH BEND. Ind.. Jan. 30.—The
physical property, franchises and
rights of the Northern Indiana Rail
way, Inc., were sold here yesterday
for $429,600 to H. L. Kendig of Em
poria, Kans., subject to the approval
of Circuit Judge Dan Pyle.
Kendig, chairman of a reorganiza
tion committee representing two
groups of bondholders who will hold
securities in a new company to be
formed under a reorganization plan
already approved by the court.
The new company will be called
the Northern Indiana Transit, Inc.
The property includes the street
car and bus lines in South Bend
jjnd Mishawaka, the bus line be
tween Niles, Mich., and Elkhart,
Ind.. and the bus line franchise be
tween Elkhart and Goshen, Ind.
ft
New York Cotton
By th% Associated Press.
NEW YORK. Jan. 30.—Strength
in foreign markets served to offset
Bombay straddle liquidation. South
ern and spot house selling in cotton
today. Prices edged moderately
higher.
Good support from Liverpool
augmented by trade and co-opera
tive buying readily absorbed a scant
supply of contracts.
Traders turned a watchful eye
toward Washington for further de
! velopments and the market quieted
down in mid-afternoon, but still
maintained gains of 6 to 10 points;
March (old>, 10.68; May (old >. 10.06;
October, 9.41.
Cottonseed Oil.
Bl^achablc cottonseed oil futures closed
.1-5 higher. Sales. 21 2 contracts March.
t*bu. May *».f* 1 b; July, 7.0:.’; September.
7.1t»b. b Bid.
New Orleans Prices.
NEW ORLEANS. Jan. On i.l'i.—Cotton
futures advanced moderately here today
due to strength in foreign markets. At
noon trading was quiet and prices were
b to 11 points net higher.
High. Low. Last.
March _ _ 1»».hi? in.70 m.K|
May __ 10.5ft in. 4b 10.51
July _ 1 o.l si in.i:; lo.io
October 0.40 0.4 1 0.40
Cottonseed oil opened steady. March.
<L‘,’«»b; May. 0.40: July. t>.5<>b; September.
! 0.50b. b—Bid.
Maryland Casualty Earns
$2,221,470 in Year
Special Dispatch to The Star.
BALTIMORE. Jan. 30. — The
I Maryland Casualty Co. in its insur
ance operations for the year 1939
i showed an operating profit of $2,
221.470, exclusive of payments in
discharge of the company's mort
gage guarantees.
This includes a profit on under
writing of $1,278,126 and an income,
principally from investments, of
$968,107, according to the report of
Stewart McDonald, chairman of the
board, submitted to stockholders at
the annual meeting of the company
here today.
As a result of the policy observed
by the management of expediting
the orderly liquidation of the com
pany's contingent mortgage guaran
tees, however, the operating state
ment shows a loss of $454,617.
In a year marked by insurance
rate reductions, particularly in the
automobile liability classification,
the company’s earned premium in
j come showed a decrease—$25,313,533
for the Dast year, as compared with
$25,966,268 for 1938.
At the end of the year total assets
stood at $40,760,004. com oared with
$39,433,623 at the end of 1938.
The Government of Manchukuo
will dispose of 49,000,000 acres of un
cultivated land.
k
Late Support Cuts
Extreme Losses on
Stock Market
Steadiness of Rails
Utilities, Oils and
Coppers Helps
Stock Averages
HO 15 15 60
Indust. Rails. Util. Sties.
Net change —.4 —.1 —.1 —.2
Today, noon 70.5 18.7 39.2 49.6
Prev. day . 709 18.8 39.3 49.8
Month ago 73.5 20.0 40 1 51.6
Year ago 71.3 20.7 36.6 49.8
’39-40 high 77.0 23.8 40 6 53.9
’39-40 low- 58.8 15.7 33.7 41.6
1938 high.. 79.5 23.5 37.8 54.7
1938 low 49.2 12.1 24.9 33.7
1932 low 17.5 8.7 23.9 16.9
1929 high-. 146.9 153.9 184.3 157.7
1927 low-.. 51.6 95.3 61.8 61.8
(Compiled by the Associated Press.)
By VICTOR EUBANK,
/.‘■.sociated Press r'inar.cla! Writer.
NEW YORK, Jan. 30—Leading
stocks weakened for a while in to
day’s market, but most cut extreme
losses in the closing hour.
Setbacks ran a point or so for
! steels, motors, aircrafts and spe
j cialties in the forenoon. There were
| a few declines of 4 or so on small
| turnovers.
Comparative steadiness of rails,
utilities, coppers and oils helped at
tract mild support for other groups
at the tail end of the proceedings.
A handful of modest gains also was
present at the sound of the final
j gong.
The pace was about as sluggish
! as that of yesterday, with trans
fers in the neighborhood of 550 000
i chares.
Search for real bullish news in
| spiration was unsuccessful and
\ traders still looked through dark
| glasses at business, politics and the
: European wars.
W’ell down the greater portion of
I the day were United States Steel,
Bethlehem. Chrysler, Douglas Air
! craft, Westinghouse. Du Pont, Allied
Chemical and Brooklyn-Manhattan
j Transit.
J. I. Case shed 5 points before
getting aid. This company's latest
I fiscal year's statement revealed a
sharp tumble in earnings. In ad
dition. implement shares were op
pressed by action of a congressional
committee in slashing the Presi
dent's farm appropriation estimates.
Loft was a contrary performer,
edging into new high ground for
1939-40. Resistant also were Union
Pacific. Woolworth. Studebaker,
Continental Motors and Public
Service of New Jersey.
Cheering income statements from
j some of the principal railroads for
' the past year served to prop carriers.
In arrears in the curb were Jones
| & Laughlin. Gulf Oil and Cities
Service. Up were Aluminum of
America and American Cyanamid B.
—
Carrier Incomes
At $57,260,000
In 11 Months
i Ey the Associated Press.
The Association of American Rail
roads reported todav that class 1
railroads in the first 11 months of
1939 had a net income of $57,260,000,
compared with a net deficit of $143.
845.000 in the same period of the
previous year.
For November, the association said,
! class 1 railroads had a net income
of $33,004,000. compared with a net
income of $7,550,000 in November,
1938.
Wholesale Commodity
Average Is Unchanged
i There was no change in the gen
! eral level of wholesale commodity
j prices last week, according to the
price index compiled by the Nation
al Fertilizer Association. This in
dex in the week ended January 27
! remained at 78.2 per cent of the
| 1926-1923 average, the same as in
j the preceding week. The index was
78.1 a month ago and 72.8 a year
: ago.
Increases in the food, farm prod
; uct and fuel indexes last week were
' offset by declines in other com
modity groups. In the farm prod
uct group declines in cotton and
grains did not counter-balance
higher quotations for cattle, sheep,
poultry and eggs.
Another markup in fuel oil quo
tations, the second in two weeks,
was responsible for the rise in the
fuel average, which is now higher
than at any time since 1937.
The broad nature of the down
ward trend of other commodity
groups is indicated by the fact that
in the textile, metal and miscel
laneous commodity groups there
were 24 price declines and not a sin
gle increase.
With burlap, hemp, raw silk, cot
ton yarns and cotton goods all mov
ing downward, the textile price in
dex registered its fourth consecutive
weekly decline.
The metal index fell to the lowest
point reached since last September,
with declines in steel scrap and
non-ferrous metals responsible for
the drop.
Carson Hill Profit
Declines to $32,527
By the Associated Press,
SAN FRANCISCO, Jan. 30.—Car
son Hill Gold Mining Corp. reported
$32,527 operating profit for the De
cember quarter, compared with $48,
450 in the preceding quarter and
$50,549 in the December quarter of
1938. Tonnage of ore mined was
increased, but gold recovery de
creased.
Lower Assets Shown
By Petroleum Corp.
Py the Associated Press.
NEW YORK, Jan. 30.—Petroleum
Corp. of America, an investing con
cern, reported in its annual state
ment the asset value per share of
outstanding stock at the end of 19°')
was $11.42. This compared with
$13.08 at the end of 1938.
Well Planned Robbery
Four gunmen who raided the
Amiens street post office in Dublin,
Erie, and got away with $20,000
had studied to the last detail the
plans of the building and the
habits of the employe*.
k