Evening star. [volume] (Washington, D.C.) 1854-1972, May 24, 1940, Image 19

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Evening star. [volume], May 24, 1940, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 24 May 1940. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1940-05-24/ed-1/seq-19/>

Newspaper Page Text

, Advances and Losses
About Balanced
On Bond Market
Prices Twist Back
And Forth Nervously
On War Reports
Bond Averages
20 10 10 10
Ralls. Indust. Util. F'sn.
Net change +.2 unc. +.2 —.1
Today, close 48.7 99.2 90.5 37.9
Prev. day.. 48.5 99.2 90.3 38.0
Month ago. 58.0 103.2 97.1 47.9
Year ago... 55.7 99.8 96.0 62.3
1940 high.. 59.9103.6 97.5 53.5
1940 low... 48.5 99.2 90.3 37.4
1939 high.. 64.9102.0 97.5 64.0
1939 low... 53.4 95.8 90.4 41.7
10 Low-Yield Bonds.
Close_ 108.7 Prev.day. 108.6
M'nth ago 112.5 Year ago. 112.2
1940 high 113.2 1940 low. 108.5
1939 high 112.6 1939 low. 103.6
(Complied by the Associated Press.)
By the Associated Press.
NEW YORK, May 24.—Bond
market leaders twisted back and
forth today in nervous response to
indecisive war news.
Near the end of the session gains
and losses ranging to around 2
points were fairly even.
Issues affected by special develop
ments showed wider swings. Puerto
Rican American Tobacco unstamped
6s of ’42, for instance, jumped more
than 5 following completion of a
reorganization plan.
Confused price patterns mirrored
i the uncertainty in the minds of
many traders concerning outcome of
the war and effects of a long or
short struggle on United States busi
ness.
Turnover was considerably below
some recent breezy sessions.
Still under pressure were British
Empire loans, but German issues
•Iso tended lower. Down fractions
to more than 2 were Australia 4Us,
Canada 3s. Brisbane 5s, Germany
7s of ’49, Italy 7s and Uruguay 4Us.
The more speculative sections of
the domestic list captured fair sup
port, while high-priced liens were
hesitant.
On the plus side were Nickel Plate
4 Vis, Baltimore & Ohio stamped
convertibles, International Tele
phone 5s and Southern Pacific 4Us
of ’68. Down a notch were Chesa
peake & Ohio 3Vis, Goodrich 4Vis.
Great Northern 4s of ’46 “G” and
International Hydro-Electric 6s.
United States Governments fell
back as much as U point.
Mixed price trends persisted
through the last hour.
In the foreign list German issues
received more support and the
Government 7s of '49 ended U ahead
at 18%.
i 1 i
1 Reo Discloses
$367,672 Loss
In Quarter
By the Associated Press.
DETROIT, May 24.—Reo Motors,
Inc., today reported March quarter
net loss of $367,672 after deprecia
tion, costs of plant changes and ex
traordinary charges in connection
with a reorganization program.
No comparison was possible since
the present company was organized
as of January 2 this year. The
predecessor company, Reo Motor
Car Co., showed a net loss of $277,942
in the comparable 1939 period.
First truck produced by the new
company came the assembly line
Tuesday after suspension for more
than a year. Operating plans call
for production of 600 trucks a month
on a full one-turn schedule. The
company expects to be in full output
on all models in July.
Dividends Announced
NEW /VORK. May 24 — Dividends de
clared. Prepared by Fitch Publishing Co.
Resumed.
> Pe- Stk. of Pay
Rate. riod. record, able. ,
Motor Prod __50c_6-1 6-10
Extra.
Abbott Laboratories_10c_6-12 6-29
Accumulated.
Int Silver 7% pf_$2 __ 6-12 7-1
Wood Alan Steel
7% pf _$1.12*4 — 6-3 6-15
Increase.
Penn Traffic Co_10c SA 7-10 7-25
Interim.
Mat Oil__25c_ 6-20 6-28
Regular.
Abbott Laboratories 40c Q 6-12 6-29
Air Associates_12Vic Q 6-14 6-25
Do Pf - ... $1.75 Q 5-31 7-1
Anaconda Copper Min.60c 6-4 6-24
Andes Copper Min_25c 6-7 6-14
Federal Min Sc Smelt.-25c . _ 6-3 6-20
Girdler Carp -- -25c Q 5-27 6-15
Great West Sugar._ 50c Q 6-15 7-2
Do pf_ .. $1.75 Q 6-15 7-2
Greene Cananea Cop 75c_6-7 6-17
Midvale Co .$1.50 . 6-15 7-1
Natl Cash Reglster.__25c Q 6-29 7-15
Natl Steel Car Ltd..-50c Q 6-29 7-15
Perfect Circle_50c Q 6-12 7-1
Spartan Mills _ $4 ._ 6-20 7-1
Starrett (L S) Co._ 75c.. 6-12 6-29
Do pf _$1.50 ... 6-30
Towle Mfg--—$1.60 Q 7-5 7-15
Wagner Elec _60c _ 5-31 6-20
Yale & Towne Mfg—-15c Q 6-10 7-1
Bayuk Cigars --—-26c 5-31 6-15
Commercial Invest Tr—$1 Q 6-10 /-I
De Long Hook & Eye_$ 1.50 Q 6-20 7-1
Gen Elec_35c — 6-28 7-25
GiebSi Brew--5c Q 6-8 6-29
McCrory Stores_26c . 6-17 6-28
Univ Consol Oil_50c 6-1 6-12
Chicago Livestock
, CHICAGO. May 24 (4^ (U. S. Dept, of
^Agriculture).—Salable hogs. 10.000; total.
13 000; open, 10-20 lower; closed active
to all; mostly 10 lower than Thursday's
average; top. 5.70: bulk, good and choice.
180-270 pounds. 5.40-65; 270-330 pounds,
butchers, largely 6.15-45: bulk, good 400
600 pounds, packing sows. 4.40-50; light
butcher, kinds. 4.75-5.00.
Salable cattle. -1,000; salable calves,
§«,on wry small run red steers and year
steady to weak, with Thursday's de
no snap In market: all buying in
s cautious: nothing choice here; bulk.
9T6; best steers. 10.35; very com
mon kinds 7.75 and 8.00: general market
draggy but clearance fairly good; hardly
enough she stock here to make a market;
anrlnkliBg medium heifers. 7.50-8.25; good
grades In odd lots. 9.25; comparative
handful cutter and canner cows being
cleaned IIP at 4.00-6.00; mostly 4.75-6.00;
with beef COWS. 8.60-7.25: few choice
rows strong UP to 8.26; light sausage bulls
under pressure at 6.25 down to 5 75: best
weighty bulls. 6.85 with 7.00 quotable;
vealei* steady at 10.50-11.60; outside
"MWee^W total. 6.500; late
'TtuirsSlay' Fed lambs steady; one deck
handywelght clippers. 9.60; other good to
Vhotcenclnds. 9.35-50; nine decks Cali
fornia springers. 11.50; small lots natives.
‘K Today's trade: Trading slow;
steady on all classes; early sales
SJSSand Choice, 88 pounds, fed clipped
ufSSis*840) bidding 9.00-25 on others;
liJSt and handy weight native springers.
V?*nh??6“ few choice lightweights, 12.00:
Aone on Western springers: small
foU fX native ewes mostly 3.00-30.
Baltimore Stocks
. Cpeclkl Dispatch to The Star.
9 _ BALTIMORE. May 24 —
. STCXTEs High. Low. Close.
1215 Arundel Corn 11% 11 11
40 Consol Pow com ~ 70 70 70
521*.51,SuI DJLvt" 1» 19 19
, 25 Fidelity A DeDoi 98 98 88
100 Mar Tex Oil Co_ 35 35 35
12 North Amer Oil 1.03 106 I 06
CIO New Amster Cas 12 12 12
16 Pa aWter A Power 55 55 SB
450 D S Fidel &(Guar 15% 15% 15%
^ 16,000 Bal Tr deb 4s A 26 26 26
BONDS ON N. Y. STOCK EXCHANGE
By private wire direct te The dtar.
Approximate Transaction! Today.
Domeetlo Bonda_ 4.170,000
ForelRn Bonds__ ,830.000
D S Govt Bonds__ 160.000
TREASURY.
High. Low. Close.
24isI9M-5S_101.8 101.7 101.7
I 2448 1948 _ 105.14 105.18 105.14
244s 1960-52_ 103.5 103 4 103.4
29is 1966-69_ 103.24 103.24 103.24
I\s 1968-63_ 103.17 103.17 103.17
89is 1960-65_ 103.22 103 22 103.22
284s 1966-60_ 105. 104.28 104.29
Sa 1961-65 __ 107.25 107.25 107.25
8 44s 1949-52_ 109.14 109.14 109.14
3 44s 1943-45_ 107.22 107.21 107.22
SV«s 1944-46_ 108.12 108.12 108.12
S94s 1940-48 Jun 100.20 100.20 100.20
894s 1941-48 Mar 102.23 102.23 102.23
!*is 1946-56_111.31 111.31 111.31
4s 1944-54 - 111.27 111.25 111.27
444s 1947-52- 117.16 117.16 117.16
FEDERAL FARM MORTGAGE.
Ss 1942-47 _ 103.20 103.20 103.20
8a 1944-49 - 105.21 105.20 105.21
HOME OWNERS' LOAN
144s 1945-47 _ 100.8 100.8 100.8
8a 1944-62 105.6 105.5 105.6
NEW YORK CITY BONDS
8s 1980 B wi- 90V* 90 90V,
Ss 1980 Iwl ..,-89V* 89 894*
FOREIGN RONDS.
High. Low. Close.
Antloquta 7s 45 A_ 8 8 8
Antloquta 7s 45 R__ 7% 7% 7%
Antioquia 7s 45 C_ 8 7% 7%
Antloquta 3d 7s 57 7% 7% 7%
Argentine 4s 72 Feb„ 71 70% 71
Argentine 4s 72 Apr.. 71% 71% 71%
Argentine 4%s 48_ 87% 87% 87%
Argentine 4%s 7t____ 78% 76% 76%
Australia 414s 66_ 39 37 39
Australia Ss 65 ____ 45 44 45
Australia £s 67__ 45 44 45
Relglum 6s 65 __ 60 49 60
Belgium 614s 49_ 60 50 60
Belgium 7s 55 __ 46 46 46
Brazil 614s 1926-57 10 9% 9%
Brazil 614s 1927-57 10% 9% 10
Brazil C Ry El 7s 62— 11 10% 10%
Brazil 8s 41 __ 13% 13% 13%
Brisbane Bs 57__ 38 38 38
Brisbane 5s 58_ 39 38 38
Budapest 6s 62_ 6% 6% 6%
Ruenos Aires 4%s 77 48% 48 48%
Buen Air 414s Aug 76 48% 48 48
Buen Air 4%s Apr 76. 49 48% 48%
Buenos Aires 4%s 75. 53 53 53
Canada 2%s 44_ 85 84 84
Canada 214s 45_ 84% 82% 82%
Canada 3s 67__ 66% 65% 66
Canada 3s 68 __66% 66 66
Canada 3%s 61_ 69% 69 69
Canada 4s 60__ 78 77 77
Canada os 52__ 90 89% 89%
Chile 6s 60_ 13% 13% 13%
Chile 6s 60 assd_ 12% 12% 12%
Chile 63 61 Febr_ 13% 13% 13%
Chile 6s 62_ 13% 13% 13%
Chile 6s 63 _ 13% 13% 13%
Chile 6s 63 assd_ 12 12 12
Chile 7s 42 assd_ 12% 12% 12%
Chile Mtg B 6s 61 asd 11% 11% 11%
Chile Mtg Bk 6%s 61. 12 12 12
Colombia 6s 61 Jan__. 16% 16% 16%
Colombia 6s 61 Oct ._ 16% 16% 16%
Copenhagen 4%s 53 — 20% 20 20%
Cuba 4%s 77_ 53% 53% 53%
Cuba 6%s 45- 73% 72% 73%
Denmark 4%s 62____ 24% 24% 24%
Denmark 5%s 55__ 29 29 29
Denmark 6s 42 _ 32 32 32
Domlnlo 1st 6%s 42 — 70 70 70
Dominic 5%s 61 ext_. 72 72 72
French Gov 7s 49_105% 105% 105%
French G 7s 4 9 un st- 107 107 107
Ger C Ag Ln 614s 58_. 10 10 10
Ger Govt 61*9 55 _ 16 15H 16
Ger G 614s 65 un st_ 10»4 10 1044
German Govt 7s 49_ 1814 17'4 181*
Ger Gov 7s 49 un st._ 10'* 101* 101*
GrtC El Jap 6l*s 50.. 66 66 66
Grt C El Jap 7s 44 .. 82 82 82
Hung Con M 71*s 45_. 6'* 61* 6'*
Italy 7s 61 _ 42 40 42
Ital P O Crd 7s 62_ 34 32'* 3214
Japan 51*s 65_ 61'4 6114 6114
Japan 6Its 64 7814 78 78
Jugos Mtf Bk 7s 67__' 8 8 8
Lombard B4-7s 52_ 52 52 52
Milan «14s6* 30 29 2914
Minas Geraes 61*s 5* 614 61i 614
New So Wales 5s 68.. 41 41 41
Norway 4s 63 _____ 25 25 25
Norway 414s 65_ 2514 25 2514
Norway 6s 44_ 3514 3514 351*
Oriental Dey 6a 58_ 651* 551* 651*
Oslo 414s 65_ 20 20 20
Panama Cs 63 st asd.. 54 54 54
Peru 1st 6s 80__ 6 644 6
Peru 2d 6s 61 ___ 614 6 61*
Poland 41*8 63 asd__ 4 4 4
Poland 4%s 68 asd™ 5 5 5
Rio de Jan 8s 46 ___ 71* 614 614
Rio Gr do Sul 8s 46._ 9 8 8
Rome 61*9 52 _ 34 34 34
Rumania 7s 59_ 814 8'* 81*
Sao Paulo St 7s 40_21'* 201* 20'*
Sao Paulo St 8s 50 71* 71* .71*
Tokyo City 61*s 61_ 5414 53'4 54
Tokyo El Lt 6s 63_ 5614 66 5614
Uru 3 84-4-«1*s adJ 79 401* 39T* 401*
Uruguay cv 3 44s 79 40 40 40
Uruguay 414s-41*s 78 4014 4014 401*
Venetian 51 G B 7s 52 271* 27 27
Yokohama 6s 61_ 561* 551* 5514
DOMESTIC BONDS.
Adams Exp 4s 47_102% 102 102
Adams Exp 4s 48_ 104 104 104
Adams Ex 4%s 46 st. 100% 100 100%
Alb & Sus 3 %s 46_ 70 70 70
Alleg Corp 6s 44_ 72 72 72
Alleg Corp 6s 49_ 61% 61% 61%
Alleg Corp 6s 60 std.. 27% 27 27
Alleg Valley 4s 42... 104% 104% 104%
Allied Stores 4%s 61. 94% 94% 94%
Allls-Chalmers 4s 62. 106% 106% 106%
Am A For Pw 6s 2030 51% 51 51
Am lOCh 6%s 49_ 102 102 102
Am Inti 6%s 49- 94% 93% 93%
Am T A T 3 %s 61_104% 104% 104%
Am T A T 3%s 66- 104% 103% 104%
Am T A T 6%s 43_ 106% 106% 106%
Am Type Fdrs cv 60.. 102% 102 102
Am Wat Wks 6s 76... 99% 95% 95%
Anaconda db 4%■ 60. 102% 102% 102%
Armour(Del)lst4s 66 96 95% 95%
Armour<Del)4s 67 . 96 95% 95%
A T&S Fe 4s 1909-55. 92% 92% 92%
A T&S Fe 4s 60_ 95% 95% 95%
A TAS Fe gen 4s 96.. 101% 101% 101%
A TAS Fe 4%s 48. . 100% 100% 100%
A TAS FeCA «%s 62 105 105 105
A T&SF RMt dv 4s 65 99% 99% 99%
A T&SF TC StL 4s 68 108 108 108
Atl Coast L 1st 4s 62. 64% 64% 64%
Atl Coast L 4%s 64.. 43 42 42
Atl A Dan 1st 4s 48_ 28 28 28
Atl A Dan 2d 4s 48 ... 25 25 25
Atl Gulf A W 1 6s 69.. 64 64 64
B A O 1st 4s 48 - 57% 57% 67%
BAOcv60sstd__ 8% 8% 8%
B AO 1st 48s std__ 58 56% 58
B A O 95 A stamped.. 18 17% 18
B A O 95 C stamped.. 20 19% 19%
B A O 96 F stamped.. 18 17% 18
BAO 2000 D stpd_ 18 18 18
BAOSW 60s std_ 35% 35% 35%
Bell Tel(Pa)6s 60 C„ 129 128% 128%
Beth Steel 3%s 69 F. 100 100 100
Beth Steel 3%s 62 .. 105% 105 105%
Bos A Me 4%s 61 JJ 45 45 45
BostonAMe 4%s 61 st 42% 41 42%
Bos & Me 6s 65 46% 45% 46%
Boston & Me 6s 65 st. 43 42 43
Bos * Me f.s 67 . 46% 45% 46%
Boston & Me 6s 67 st. 43 41% 43
Bklyn Man T 4%s 66 103% 102% 103%
Bklyn Man 4 %s 66 ct 85% 85 85%
Bklyn On Gas 6s 45__ 109% 109% 109%
Bklyn (In G 6s 67 B.. 103% 103% 103%
Bklyn Dn G rf 6s 47.. Ill 111 111
Buff G E 4%s 81_109% 109% 109%
Buff Roch A P 67 std. 28% 26% 26%
Bush Term cn 6s 65.. 33 33 33
Calif Ore* Pwr «a 86. 100H 100 100
Canadian NR 4 Ha 61. 80 7844 79>4
Can NR 4 Ha 66_8014 7814 7844
Can NR 4Ha 67_81 79V* 7914
Can NR 4%a 66_81 81 81
Can NR 6s 69 July___ 85 8414 8444
Can NR 6a 69 Oct_8444 83V* 84
Can Nor 6Ha 46_ 9844 9814 9814
Can Pac db 4a oerp_. 39 38 38
Can Pao 4Ha 46_ 62 60 60
Can Pao 4Ha *0- 6544 6614 6544
Can Pac 6s 44 _ 92 92 92
Caro Cl & Ob 6s 62_1U4 104 104
Cent of NJ gen be 87. 1214 12 12
Cent N J gn 6s 87 rg.. 11V* 1114 1114
Cent N ? Pw ?44a6S. 1061* 10614 10614
Cent Pao let rf 4a 49. 60 6914 69h
Cent PactOo 6a 60_ 35 34 34H
Cent Steel 8s 41_ 109 109 109
Cham P&F 4%s 86-60 10414 10414 104H
Champ Pa 4fca 38-60. 10214 102H 10214
Cbss & Ohio 8 Ha 63 F 10314 10314 10314
Ches*0 8He96D_ 9514 95 96
Ches A O I Ha 91 D— 95H 9514 9514
C A O gen 4H» 92-11914 119 119
Ckl Burl A Q 6a 71_ 7514 75 75V*
C BAQ 111 dla 4a 49_ 9714 9714 9714
Chi A B XU 6a 61_'ll 10 11
High. Low. CIom.
Chi Grt West 4a 69._ 21 204i 21
Chi Ind A Lou 5a 66_ 444 444 454
Chi Mil A 8t P 4a *9_ 13 18 18
CMAStP 414a 89 C— 1844 18% 18H
Chi MU ASt P6a78_ 414 414 41t
CMAStP adj 8a *noo_ 114 1 1
ChlANW 414a 9037_ 6 6 6
ChlANW 414a 9037 C. 6 6 6
Chi A NW ey 446 s 49. 144 I44 jy4
ChlANW pen 6s *7 .„ 12 12 12
ChlANW rf Ba 2087... 614 8*4 614
Chi Rwy 6s 27- 3014 8614 3614
Chi RI&P rf 4a 14_ 414 4 414
Chi FMAP pen 4a 3*._ gy4 944 flv,
Chi THAS Ino 5a 60._ 40 40 40
Cbl Un Sta 3%s 61— 102 102 102
Chi On Stasis 63 . 10414 104 104W
Chi A W Ind ov 4a 61. 8814 88 8814
Chi A W Ind 414a 62_ 8814 88 88
Childs A Co 6a 43_ 38 38 38
Cln Un Term 314 71 10614 10614 10614
C C C & StL pen 4s 91 62 62 62
CCCAStL rf 414S77 3814 8714 3714
CCCAStLStL dr 4s90 67 57 57
Clay El 111 314a 66 ... 108 108 108
Cler Un Ter «V.,bT7_. 6614 6614 5614
Clay Un Term 6a 73 6514 6414 65
Clay Un Ter 614a 72.. 73 73 73
Colo F A Ir 6s 4&- 10414 10414 10414
Colo F A tr 6a 70_ 65 65 65
Colo A So 4 14a 30_2U4 2114 2114
Col QAE 6s 62 Apr... 10014 100 100
Col G A E 6s 6! May.. 10014 9944 10014
Col G A E 6s 61 .... 99 9844 9814
Comw Ed 8 14 a 5.8-112V4 11144 11214
Comw Ed 314a 63 -.. 107 107 107
Cons Coal Del 6a 60.. 6214 6814 6214
Cons Ed N 7 3%a 46 104 104 104
Cona E NY db 3148 49 10544 104tl IO414
Cons Ed N 7 814s 66. 103 103 103
Cons Ed N 7 3 14a 69. 105% 10544 105%
Consol 011 314a 51 . 103 10214 10214
Consum Pwr 814s 66. 104 104 104
Consum Pwr 3148 70. 10614 10614 106'4
Conti Oil 244s 46 .. 10444 10414 104H
Crown C A S 414s 48 100 99% 9944
Cruclhle Steel 414s 48 10111 10114 101V4
Cuba R 1st 5s 62_ 27 27 27
Del & Hudr ref 4s 43 ._ 4014 40 40
Den A R G eon 4s 36.. 514 514 514
Det Edison 4s 66 .. 10944 10914 10944
DetTer&Tun 414s 61. 8814 8814 8814
Duouesna Lt 314s 66. 10644 10644 10644
East R Minn 4s 48- 106* 106* 106*
Eleo Auto Lt 4s 62 105* 105* 105*
Erie cv 4s 63 A_ 14 14 14
Erie 1st 4s 96_ 45 45 45
Erls gen 4s 98- 18* 18* 18*
Erie ref 6s 67- 9* 9* 9w
Erie ref 6s 76_ 91,4 9 9
Fed Lt&Tr 6s 42- 100* 100 100H
Fed Lt&Tr 5s 42 st— 100* 100* 100*
Fed Lt&Tr 6s 42 _ 100 100 100
Firestone T 3*s 46„ 103* 103* 103*
Fla EC Rv 4*s 59 . 48 48 48
Fla E Coast Ry 6s 74. 555
Fonda J&G 4s 82 filed 2 2 2
Gas & El Berg 5s 49_121 121 121
Gen Am Inv 6s 62_101*101 101
Gen Mot Aco I*s 61. 104 104 104
Gsn St) Cast 6*s 49.. 67* 55* 55*
Goodrich 4*s 66 — 101* 100* 101*
Grt Nor Ry 4S 46 G— 95* 95* 95*
Grt Nor Ry 4s 46 H_ 89* 89 89
GrtNR4*s76 D ... 77 77 77
Grt N R gn 4*s 77 B. 77* 77 77
Grt Nor Ry 6s 73 88 87 88
Grt Nor Ry 6*s 62_ 95* 95 9514
Gulf St Util 8*s 69.. 107 107 107
Hock Val 4*s 99_117 117 117
Hoe(R)lst mtg 44_ 70 70 70
Houston Oil 4 *s 64.. 97 96* 96*
Hudson Coal 6s 62 A. 26 25 25
Hud & Man ref 5s 57 . 39* 39 3914
111 Bell Tel 8*s 70 B. 108* 108* 108*
111 Cent 4s 63 _ 32* 32* 32*
111 Cent ref 4s 55_ 38 38 39
111 Cent 4*s 66- 31* 31 31*
111 Cent ref 6s 65 42'« 42* 42*
ICC&ST NO 4*s 63.. 32 32 32
ICC&StL NO 6s 63 A. 36 35* 36
Ind & Louisy 4s 66_ 8* 8* 8*
Indust Rayon 4*s 46 102 101* 102
Int R T 1st rf 6a 66 73 72 73
Int R T 1st rf 6a 66 ct 73 71* 72*
Int RT 6s 32_ 31* 31* 31*
Interlake Iron 4s 47_ 80 79* 80
Int Grt Nor 6s 66 C— 7* 7* 7*
Int Hydro El 4ts 44— 42 38 38
Int Mer Mar (s 41_ 54* 54* 54*
Int Paper 1st 6s 47_ 99* 99* 99*
Int Paper ref 6s 56„ 93 92* 92*
Int T&T 4*s 62-- 25 24* 24*
Int T&T Ss 65_ 27* 27* 27*
Kan City Term 4s 60. 105* 105* 105*
Keith's 6s 46_ 100 100 100
Kings Co El 4s 49_ 103 103 103
KoppersCo 4»j61_101* 101* 101*
LaeledeGas 6*s 61 . 4t>* 39 39*
Lake S & U S 2 *s 9T. 80* 80* 80*
Lautaro Nitrate 75_ 29 29 29
Loh C&N 4 * a 64 A_ 42 42 42
L V RR 4s 6001 asd.. 9 9 9
LVRR4*e2003aad 11 11 11
L V RR con 6a 2003 .. 10* 10* 10*
Libby MeN&L 4s 55.. 100 100 100
Llgg A Myers 6s 61„ 122* 122* 122*
Llgg & Myers 7s *4 __ 122* 122* 122*
Liquid Carbon 4s 47— 104 106 106
Loew s 3*s 46 .. 101* 101* 101*
Lone Star G 3*s 63— 105* 105 105
Long Isld ref 4s 49_ 89 88* 88*
Lorlllard.Bs 61_ 120* 120* 120*
La & Ark 6s 69_ 76* 75* 7c*
L&N 4*s 3008_ 85* 85* 85*
L & N 6s 2003 B_ 93* 93* 93*
L&N So Men It 4s 52. 77 77 77
MeKesson&R 6*s 50 83 82* 83
Me Cent KR 4s 46_ 72 72 72
Manatl Sugar 4s 57_ 32* 32 32*
Manhat Ry 4s 90 ct _ 77 77 77
Manbat R 2d 4s 2013.. 43 43 43
Mlcb Cons Gas 4s 63. 98* 97* 98
Mid RR N J 6s 40_ 18 18 18
Minn & St L 6s 34 ct— 5 5 5
MStP&SSM 6s 38 gtd. 3* 3* 3%
Mo 111 6s 69__ 56* 56 66*
MO K&T 1st 48 90_ 22 21 22
Mo K&T 48 62 B_ 8% 8% 8%
Mo K&T 4%a7g___ 999
Mo K&T 6s 62 A ( 9% 9% 9%
Mo K&T adl 6s 67_ 8% 3% 3%
Mo Pao 4a 76-_ 1% 1% 1W
Mo Pao 6s 66 A__ 13% 13% 13%
Mo Pao 6s 77 F_13% 13% 13%
Mo Pac 6a 78 G_13% 13% 13%
Mo Pao 6s 80 H__ 13% 13% 13%
Mo Pao 6a 811_13% 13% 13%
MoPac6%a49__ 1 % %
Mob & Ohio 4 %s 77_ 20 20 20
Mob* Ohio 6s 88_ 26 25 25
Mob&q,hio5s3Sct._ 25 25 25
Monong PS 4%s60._ 106 106 106
Mont Pwr 8%s 66_97% 96 96%
Montr Tram 6s 41_ 73% 73% 73%
Morris & Es 4%s 68 . 27 26% 27
Mount StT&T 8%s68 105 104% 104%
Nassau El 4s 61 cMs- 51% 61% 61%
Nat Dairy 8%s 61 ww 104% 103% 104%
Nat Distill 3 %a 49_ 100 99% 100
Nat Steal 3a 65 .. .. 101% 101% 101%
Newark C Gas 6s 48.. 120 120 120
New Eng RK 4s 45_ 31% 31% 31%
New Orl P S 6s 62 A.. 103% 103% 103%
New Orl P S 6s 66 B 103% 103% 103%
New Orl T&M 6s 64 B 24% 23 24%
NOT&M 5s 54 B ct._. 24 24 24
N Y Central 3 %s 62.. 45 44 44
N Y Central 8 %s 97__ 69% 69 69%
N Y Central 8%a46_ 75 76 75
N Y Cent con 4s 98_ 46% 46 46
N Y Cent 4%s 2018 A. 41% 40 40%
N Y Cent rf 6s 2013.. 44% 44 44%
N Y C L Sh 3 %s 98_56 54% 54%
N Y Chi & St L 4S 46.. 73 73 73
N Y Cht&StL 4%s 78. 41% 40% 41
N Y C&StL 6 % a 74 A. 47% 46% 47
N Y Dock 4a 61_ 48 47 47
N Y Edls8%s65 D .. 105 105 105
N Y Edls ref 3%a 68. 106% 106% 106%
N Y G E H&P 4s 49... 116% 115% 115%
N Y G E H&P 6s 48._ 122% 121% 121%
NY NH & H 3%s56._ 11 11 11
NY NH & H 4s 66_11 11 11
NY NH & H 4s 67_ 3 3 3
NY NH & H 4%s 67._ 13 12% 12%
NY NH & H cl 6s 40„ 22 22 22
NY NH & H ca 6s 48_ 13% 12% 12%
N Y O&W gen 4s 65__ 1% 1% 1%
N Y O&W ref 4s 9*._ 3% 3% 3%
N Y Queens 3%s 65.. 107 107 107
N Y Steam 8%s63 .. 101% 101% 101%
N Y S&W Ter 6s 43_ 52% 62%. 52%
N Y W&B 4 %s 46_ 3% 3% 3%
Nlag Sb 6%a 60_ 99 99 99
Norf Soutbn 6s 61__ 9 8% 8%
Norf* W 1st 4s 96_ 119% 119% 119%
North Am 8 %s 49_ 103% 103% 103%
North Am 8 % a 64_ 102 102 102
Nortb Am 4a 69 103 102% 102%
Nor^n Pao gn 8s 2047. 34% 33 34%
Nor’n Pae 4a 97 60% 60 60%
Nor’n Pao 4%s 2047_ 36% 36 36%
Nor’n Pae 6a 2047 C._ 41% 41% 41%
Nor’n Pao 6a 2047 D.. 41% 41% 41%
Nor’n Pao 6a 2047 : 47% 46 46%
North SU Pw 3%s 67 106% 106% 106%
Ohio Edison 3%a 72.. 102% 102 102%
Ohio Edison 4a 65_ 105 105 105
Okla G&E 3%s 66_107% 107% 107%
Ont Pwr Nlag 6a 43.. 97% 97% 97%
Oreg Sh L 6a 46 gtd_ 115 115 116
Oregon W RR 4a 61„ 104% 104% 104%
Otis Steel 4 %a 62_ 69 68 69
Pao GaaA El 8%a 66. 107 105% 105%
PacG & E 3%s 61_ 108% 108 108%
Pao G&E 4a 64_110% 110 110
Param’t Pic 8%a 47— 77 77 77
Pat & P G E 5a 49_121 121 121
Penn Co 3 %s 44 D_ 102 102 102
Penn Co «a 61 100 S9% 99%
_ High. Low. Clow.
P«nn Dixie C la 41 A. 89 89 89
Pann PALS46a106% 106 106'
Pann PAL 446s 74__ 100% 100% 100%
Psnn RR 844s (I... 78 77% 78
PennRR846s70__ 81 81 81
Psnn RR 414a 84_90% 90% 90%
Psnn RR 4 46 s 80—«, 117% 117% 117%
Pann RRxn 4 46s <6_ 96 96% 96%
Tenn RR db 446* 70_ 80% 80% 80%
Psnn RR ssn 6s 88 ... 101% 101 101%
Peoples GLAC Ba 47.. Ill 111 111
Peo G L A C 6c 43._.. 110% 110% 110%
Peoria A E Inc 4s 90„ 8% 3% 3%
Pare Mara 4 46s 80... 48 48 48
Pere Mara 6s 68_ 63 63 63
Phelps Dodge 846 s 88 107% 107% 107%
Phils BAW 444s 77 C. 108% 106% 106%
Phils Co 6s 87 ___ 102% 102 102
Phils Eleo 8 44s 67 108% 108% 108%
Phils R C A Ir 6s ?8_ 9% 9% 9%
Philippine Ry 4s 37.. 4 4 4
Phillips Petrol 3s 48.. 105% 106 105
PCCAStL 4 46s 77- 93% 93% 93%
Pitts CAIr 446 s fi8_ 96 96 96
PlttAW Vs 4 46 s 68 A. 41% 41% 41%
PlttAW Vs 4 %s 80 C. 42% 42 42
Pitts Y A A 5s 62B—_ 110% 110% 110%
Port Uen El 4 44 s 60.. 68% 67% 67%
Porto Rico A T <s 42. 80% 79 80%
PortoR A T 6s 42 st.. 80 78 80
Posts] Tel A C 6s 68.. 16% 16 16%
Pub Svo N 111 8 44s 68. 106% 106% 106%
Purity Baking 6s 48_. 100% 100% 100%
Reading JerC 4s 61.. 62 60 62
Reading R 4 468 97 A. 63 62% 63
Rem R’d 4 46 a 66 ww 93 92 92
Rem Rand 4 46 s 66 xw 92% 92% 92%
Republlo Stl 4 468 61.. 93% 92 93%
Republle Stl 6 44s 64.. 103% 103% 103%
Richfield 011 4a 62_103% 103% 103%
Rio G W col 4s 49 A.. 6% 6% 6%
Roch G&E 344s 69_ 106 106 106*
R 1 A A L 446s 34_ 5 5 5
Saguenay Pw 4%■ 66 70% 70% 70%
St L. 1 MAS RAG 4a 33 62 62 62
St L Pub Ser 6a 69_ 67 67 67
St Li-San Fr 4a 50 A__ 9 8% 9
St U-San Fr 4 j 60 ct_. 8% 8% 8%
St L-San Fr 4 Vis 78__ 8H 8% 8%
St L S W ref 6s 90 ... 7% 7% 7%
St P Un Dep rf 6s 72.. 112 111% 112
San AAA Pass 48 43 . 67 66 67
Schulco 6Vis 46 A stp 24 23% 23%
Seabd A L 6s 45 ct- 3% 3% 3%
Seabd A F 6s 36 A et_ 1% 1% 1%
Shell Un Oil 2%s 64-. 94% 94 94%
Simmons Co 4s 62_ 96 95 95
Skelly Oil 4s 61_ 99% 99% 99%
Sorony Vac Ss 64_103% 103 103%
So Bell TA T Ss 79_102% 102% 102%
Southn Cal G 4s 66_ 108 107% 107%
So Natl G 4 Vis 51_104% 104% 104%
So Pao 3%a 46- 43% 43% 43%
So Pao col 4a 49_ 32% 32 32
So Pao ref 4s 65_ 55 64% 54%
So Pac 4 %s 68_ 34 33% 33%
So Pao 4 Via 69_33% 33 33%
So Pac 4Vi8 81- 33% 32% 83%
So Pac Oreg 4 Vis 77— 39 38 38%
So Pac S F Ter 4s 60_ 70 70 70
So Ry gen 4s 66 A_44% 43% 43%
So Ry 6s 94__ 85% 85 85
So Ry gen 6s 66_ 66 65 66
So Ry 6 Vis 66_ 61% 60% 61%
S W Bell Tel 3 Vis 64- 109 109 109
Spokane Int 6s 65_ 15 15 15
Stand Oil N J 3s 61_102 101% 101%
StudebakercT 6s 45.. 85 84 85
Swift A Co 3%s 60_104% 104% 104%
Texas Corp 3s 69_102% 102% 102%
Texas Corp 3 Vis 61._ 103* 103* 103*
Texas A Pac 6s 77 B_. 55% 65 65
Texas & Pac 6s 79 C— 56 55% 56
Tex&Pao 1st 6s 2000. 106 105% 106
Third Av ref 4s 60_ 45% 45% 45%
Third A» ad.1 6s 80-.. 13% 13 13%
Tide Wat 011 3 Vis 62- 105% 105% 105%
Un Ell Alo)3%s 62 -. 105% 105% 105%
Union OiKCaDSs 69.. 101 101 101
Un Pacific 8 Vis 70_ 93 93 93
Un Pacino 3 Vis 71- 93% 93% 93%
Un Paclflo 1st 4s 47.. 112% 112% 112%
Un Pao ref 4s 2008_ 108* 108* 108*
Un Pac 1st 6s 2008 ... 108H 108jJ 108H
Utd Cgr W Strs 6s 62. 61% 61% 61%
United Drug 6s 63.._ 75% 75% 75%
Utah L.AT 6s 44_ 97 97 97
Utah I’wr A Lt 6s 44. 97 96% 97
Va El A P 3 Vis 68 B__ 107% 107% 107%
Wabash 1st 6s 39_ 32 32 32
Wabash 6Vis 76_ 6 4% 4H
Walker HAS 4%s 45- 102% 102% 102%
Warner Bros 6s 48... 80 80 80
Warren Bros cv 6s 41 17% 16% 17
Westchester L. 6s 50. 122% 122% 122%
West Penn P 3 Vis 66—108% 108% 108%
West Sh 1st 4a 2361 . 38 38 38
West NY&P gn 4s 43. 108 108 108
West Union 6s 6u ... 54 64 54
Wheel Steel 4 Vis 96% 99 99%
Wilkes B&E 6s 42_ 10% 10% 10%
Wilson A Co «s 66_101 101 101
Wis Pub Svo 4s 61_108% 108% 108%
Youngst’n SAT 4S 48. 101% 101% 101%
Youngst’n SAT 4a 61. 102 101% 102
Quarter's Rail Loss
Below 1939 Mark
By the Associated Press.
Class 1 railroads of the United
States had a net deficit of $12,603,
606 in the first three months of 1940,
compared with a net deficit of $42.
819,986 in the same period of 1939,
the Association of American Rail
roads said today.
In March they had a net deficit
of $4,954,703, compared with a net
deficit of $10,240,752 In March, 1939.
375 Tons of Lead Sold
NEW YORK, May 24 OF).—St.
Joseph Lead Co. reported 125 tons
of Southeast Missouri pig lead sold
yesterday at $4.85 per 100 pounds
East St. Louis, 100 tons at $5.05 New
York and 150 tons at the New York
average.
Chicago Stock Market
CHICAGO, May 24 UP).—Following is the
complete list of transactions on the Chi
cago Stock Exchange today:
Sales. STOCKS. High. Low. Close.
150 Abbott Lab_ 50% 50% 60%
190 Adams Mfg_ 8 77, 7%
50 Aetna B Bear_ 9 9 9
500 Allied Lab _ 11% 11% 11%
20 Allis-Ch Mfg ... 24% 23% 23%
433 Am Tel Sc Tel_148% 147% 147%
760 Armour & Co_ 4% 4 4
200 Autom Wash_ % % y4
150 Aviation Corn_ 6 5% 5%
200 Avia & Trans_ 2% 2% 2%
100 Bastian-Bless_12% 12% 12%
100 Belmont Radio .. 3% 3’/, 3%
lOOBendix Av _27% 27% 27%
100 BerghoS Brew .. 8% 8% 8%
50 Bliss k Laughlin. 15% 15% 15%
300 Borg-Warner _15 14% 16
50 Brach & Sons_ 18 16 16
200 Brown F Sc W_ 2 % 2 % 2 >/4
lOOBunte Bros_ 13 13 13
450 Butler Bros 4% 4% 4%
300 Butler Bros pf _ 18 17% 18
30 Cen 111 Pb Sv pf 71% 71 71%
100 Chi Corn _ % % %
50 Chi Coro nf _ 28y, 26% 26Va
60 Chi Flex Shaft. 60 60 60
10 Chi Towel of-1 V 105% 105%
50 Chrysler Com_ 0 60 60
100 Club Mum _ 2% 2% 2%
3900 Comwlth Edis_27% 26% 26%
205 Cons Oil _ 6V, 6% 6
10 Consumers Co of. 2% 2% 2%
60 Container Com.. 10% 10% 10%
46 Crane Co - 14Va 14% 14%
80 Deere & Co_ 15 14% 15
50 Dodge Mfg_ 9 9 9
100 Fuller Mfg_ 3% 3‘/4 3y4
50 Gardner-Denver _ 16% 15% 16%
gen Foods - 38% 38% 38%
250 Gen Motors _39V« 38% 39V,
50 Gen Out Advert 4% 4% 414
140 Goodyear T & R 13% 13y, 13%
lOOGossard (H W) . 9% 9% 9%
50 Gt Lakes Dredge 18% 18% 18%
50 Helieman (G) Br 8y4 8% «%
154Houd-Her B- 10% 9% 10%
75 Hupd Mot_ % % %
50 111 Brick _ 2% 2% 2%
10 111 Cent R R_ 6% 6% 6%
150 Inden Pneu Tool. 19 19 19
68 Inland Steel_ 68 67% 67%
168 Int Harvester_42% 4] % 42%
400 Jarvis (W B)_ 9% 9'/4 9>/a
50 Katz Drug _ 4% 4% 4ya
70 Ky Ut Jr cum pf 38% 38 38%
100 La Salle Ext_ 1% iy4 1%
25 Llb-McN Sc L ._ 5% 5% 5%
-70 Lktuld Carb_12% 12ya 12%
750 Marsh Field__ 9% 9% 9y4
750 Merch tc Mfrs A. 3% 3% 3y4
850 Mid West Corn . 6y4 5% 6y4
20 Miller Sc Hart pf. 5 5 5
100 Montg Ward_34% 34% 34%
100 Noblitt-Sparkg_21 20% 20%
50Nor’west Eng __ 14 14 14
30 No West Ut 7% pf 10 8% 10
10 Omnibus Corp — 9% 9% 9%
50 Penn El SW A.. 13% 13% 13%
100 Penn RR ... 16% 16% 16%
60 Peoples Gas L * C 25% 25% 25%
50 Pressed Stl Car.. 7% '/% 7%
10 Quaker Oats_103 103 103
150 Sears Roeb _. 63 62% 62%
300 Serrick Corn B— 1% iy4 1%
350 So Bend L Wks 22% 22 22%
10 So’west L Sc P pf 05 95 95
125 Spiegel Inc- 5% 5% 6%
150 Std Oil Ind_ 22% 21% 21%
100 Stewart Warn_ 4% 4% 4%
250 Sunstr M Tool_ 22 21% 22
400 Swift Sc CO- 18% 18% 18%
200 Swift Int -: 18y. 18% 18%
100 Texas Com - - 35 34 % 34%
600 Thompson (J R)_ 4% 4% 4%
137 Union Carbide .. 64% 84% 64%
70 Unit Air Lines... 13% 13 13%
100 U 8 Steel _ 43V, 43% 43%
15 U S Steel pf-108% 108% 108%
800 Utah Radio_ -
20 Viking Pump .-h_
450 Walgreen _
186 West Un Tel.. .
20 Westhse El St M.
50 Wrigley <W) Jr._
450 Zenith Rad _
Stock sales today—27.00< | shares.
f 4
Dumping of'Cheap'
Foreign Sugar in
U. S. Barred
Agriculture Officials
Put Out Statement
To Quiet Fears
By the Associated Press.
The Agriculture Department, In a
move to reassure domestic sugar
markets, declared today that it
would not permit "cheap” foreign
sugar to be dumped on United
States markets.
Officials said in a statement that
"excessive” world supplies appar
ently had been exerting a weaken
ing influence on domestic prices in
recent days.
The statement noted that the
Sugar Act of 1937, through its im
port quota system, exerted power
to maintain American prices at lev
els independent of world prices.
"So long as the act or similar leg
islation is in effect,” the department
said, “there is no prospect that ex
cessive and price-depressing world
supplies above quota levels will be
releaesd for consumption on the
domestic market.”
The Sugar Act expires at the end
of this year, but steps have been
taken in Congress to continue it
for another year.
Newport News Shipbuilding
Adds New Directors
Special Dispatch to The 8tar.
NEW YORK, May 24. —Earle
Bailie, chairman of Tri-Continental
Corp., and Francis F. Randolph,
president of Tri-Continental Corp.,
were elected directors of Newport
News Shipbuilding & Dry Dock Co.
at a meeting held here yesterday.
Tri-Continental Corp. headed an
investment group which recently
bought the Newport News Ship
building & Dry Dock Co. from the
Huntington family, which had
owned it since 1886, preliminary to
the public offering of two-thirds of
the company’s stock. The invest
ment group is retaining one-third.
Other members of the board, who
are all operating officials of the com
pany, are: Homer L. Ferguson, presi
dent; Roger Williams, vice president;
William Gatewood, vice president;
William B. Woodward, jr., general
manager, and Edward A. Adams,
treasurer. Collis H. Holladay, who
represented Huntington interests,
has resigned from the board.
The investment group comprising
the new owners of the shipbuilding
company, in addition to Tri-Conti
nental Corp., include United States
& Foreign Securities Corp., United
States & International Securities
Corp., Stone & Webster and Blodget,
Inc.; A. C. Allyn & Co., Inc.; Divi
dend Shares, Inc.; Massachusetts
Investors Trust, Chicago Corp., Har
riman Ripley & Co., Inc.; Laden
burg, Thalmann & Co.; Adams Ex
press Co., First York Corp. and
American International Corp.
Auto-Lite Declares
75-Cent Dividend
By the Associated Press.
TOLEDO. Ohio, May 24.—Electric
Auto-Lite Co. announced yesterday
a 75 cents-a-share dividend, pay
able July 1 to stockholders of record
June 18.
Directors authorized the usual
$350,000 a year redemption of the
company’s 4 per cent debentures of
1952, and an extra $326,500 worth,
which will reduce those outstanding
to $9,000,000.
Rock Island Income
Far Above Year Ago
By the Associated Press.
CHICAGO, May 24.—The Rock
Island lines reported net railway op
erating income during April totaled
$243,420, compared with a deficit of
$230,396 in the corresponding month
last year. Net railway operating
income for the four months ended
April 30. 1940, totaled $898,381, com
pared with $290,050 for the like 1939
period.
New York Banks Vote
To Close Saturday
By the Associated Press.
NEW YORK, May 24.—Member
banks of the New York Clearing
House Association voted unanimous
ly today to remain closed each Satur
dayjrom June 30 through the Labor
Day week end, "subject to such
regulations as the Clearing House
Committee may consider necessary.”
The procedure is similar to that
followed last year.
Glidden Co. Reports
Profit of $614,933
By the Associated Press.
CLEVELAND, May 24.—The Glid
den Co., paint manufacturers, re
ported $614,933 net profit for the
six months ended April 30, against
$366,147 the comparable six months
a year before. Net sales climbed to
$23,324,275 from $21,061,398,
Zinc Price Advanced
NEW YORK, May 24 (&).—Zinc
sold at 6 cents a pound. East St.
Louis base today, an advance of >4
cent and the highest price thus far
in the year. The previous price was
established in late February when
the metal was advanced V* cent. In
1939 zinc sold as high as 6 Vi cents.
Commodity Prices
NEW YORK. May 24.—The Associated
Press weighted wholesale Drlce Index of
36 commodities today advanced to 71.68.
Previous day, 71.46; week ago, 72.41:
month ago. 73.71); year ago, 67.26.
1940. 1939. 1938. 1933-37.
High_ 76.29 75.22 74.37 98.14
Low_ 71.46 63.78 63.86 41.44
(1926 average equals 100.)
Miscellaneous Markets.
Additional New York markets (as com
piled by the Associated Press):
WOOL TOPS—Futures closed unchanged
to 1 point lower. July. 86.8b; October.
85.1b: December. 84.8b. Spot, standard
tops. 93.0. unchanged.
STRAITS TIN—Futures closed 40-100
lower. Sales. 56.000 lbs. July, 49.86b.
No sales In lead and zinc futures.
COFFEE—Spot quiet. Santos No. 4.
714: Rio No 7. 6V*. Cost and freight
offerings Included Santos Bourbon 3s and
5s at 6.40-7.00. Santas No. 4 “D” fu
tures closed 2-4 higher. Sales. 1,750
bags. July. 5.65b: September. 5.76b:
December, 5.88b: Rio No. 7 m” futures 2
bU<^UDENRDBBER—Futures closed 14-40
higher. Seles. No. 1 standard. 206 con
tracts. July. 18.85-90; September. 17.80;
December, 17.45, Smoked ribbed spot,
20.25n.
RAW HIDES—Futures closed 15-30
higher. Sales. 8.720.000 pounds. June,
9.65b; September, 9.88-90; December.
10.16b. Spot No. 1 Western light native
cows. 11.
RAW SILK—Futures No. 1 closed Vi
higher to 2Vi lower. Bales. 170 bales.
June. 2.65; July, 2.60b: September. 2.56.
COCOA—Futures closed 2-4 higher.
Bales. 1.614 tons. May. 4.59n; July.
4.64n; September. 4.69n. j
NEW YORK CURB MARKET
By private win direct te The Star.
Stock and ,Sales—
Dividend Rate Add 00. Hlih. Low. CIom.
Acme Wire .65e.. 20* 154 154 154
Aoro 8up B .20g.. 9 64 64 54
Ainsworth ,25g_ 4 44 44 44
Air Investors.™. 2 2 2 2
Ala Gt Sou ((g)_75a 634 634 634
Ala Power pf (6) 10a 824 824 824
Ala Power pf (7) 10s 904 904 904
Alum Co Am (2e) 6B0e 152 150 150
Alum Co af *6>__ 650s 109 108 108
Alum Ltd (3e)_1500s 62 424 47
Am Beverage- 1 % % %
Am Book <4)_ 80s 39 38 39
Am Centrifugal.. 2 -ft A A
Am City P&L(B). 2 4 4 4
Am Cynam B .60. 41 30 284 284
Am Export .50e_. 7 94 84 94
Am Oae ft El 1.60 29 264 264 264
Am Gen pf (3) 200s 244 244 244
Am Laund M .80a 1 14 14 14
Am LtftTrao 1.20 1 114 114 114
Am Mfg pf (5)— 10s 65 65 65
Am Maracaibo_ 2 4 if 4
Am Republics__ 3 64 64 64
Am Superpower.. 1 ft ft ft
Am Thread of .25 1 24 24 24
Appal EPpf (7). 40s 110 110 110
Ark Nat Gas- 3 14 14 ' 14
Ark Nat Gaa(A). 12 14 14 14
Ark Nat G pf ,«0k 4 64 64 64
Art Metal W ,30e. 1 44 44 44
Ashland O&R .40. 4 44 4 4
AssoG&E (A)(r) 3 4 4 4
Assoo G&E pf (r) 3 14 14 1%
Atl Coast Fish ._ 2 24 24 24
Atl Rayon (.10e). 2 6 5 6
Atlas Corn war.. 14 4 4
Aviation ft Trans 4 24 24 24
Babcock ft W.20e. 1 204 204 204
Baldwin Lo war 21 64 6 54
Baldwin Rub.50a 1 44 44 4%
Barl&Seel A 1.20. 100s 84 84 84
Basic Dol .125#.. 14 4 4
Bath Iron _10 11 104 104
Beech Aircraft... 16 44 4 44
Bellanca Aircraft 1 44 44 44
Bell Aircraft- 12 174 164 174
Berk ft Gay Fur_ 3 4 4 4
Bliss (EW)- 11 154 144 144
Blue Ridge__ 3 4 4 4
Blumenthal (S)_. 3 5 44 44
Borne Scryms 2e. 100s 314 31 314
Brazilian TrL&P 3 4 34 4
Breeze Corp 60g. 4 44 44 44
Brewster Aero .. 36 104 94 10
Brldgp't Machine 5 14 14 14
Brill (A) .. .. 1 24 24 24
Brlllo Mfg (.80).. 1 104 104 104
Brown Co pf <r). 200s 17 164 164
Brown For Dlst.. 3 14 14 14
Brown Rubber... 1 14 14 14
B N&EP pf 1.60.. 6 16 16 16
B N&EP 1st <5>_. 60s 94 94 94
Bunker Hill ,50e. 13 94 94 94
Calamba Sug 1.60 1 12(4 12(4 12(4
Calllta Tungsten. 4 1(« 1% m
Can Col Airways. 8 6(4 5(4 61*
Can Mar W .04e._ 1 (4 *4 (4
Carlb Syndicate.. 1 v4 (4 (4
Carman (A) (2)._ 1 19(4 19(4 19(4
Carnation (la)_ 1 31 31 31
Caro P&L. pf (7). 40s 98 98 98
Carrier Corp .. 5 6(4 6(4 6(4
Carter! JW).16e.. 1 6** 5(4
Casco Prod (le)_. 1 6>4 6>4 6(4
Catlln (Am)- 1 2(4 2(4 2(4
Celan pto pf (7a) 175s 100 99(4 100
Cent NY Pw pf 6 20s 92*4 92 92*4
Cent P & L pf (7) 50s S8 97(4 98
Cent St E 6% pf. 200s 1 1 1
Chamb MW ,10e_. 4 3(4 3 3
Chesebro 14a) 50s 96 96 96
Chi Flex S (5a).. 100s 60 60 60
Childs pf_150» 16 14(4 16
Cities Service_ 2 4*4 4*4 4(4
Cities Service pf. 2 63(4 63 63
Clark Contr ,25e_ 50s 12 12 12
Claude Neon L— 4 ft ft ft
Cl ev Tractor_ 2 4(4 4(4 4(4
Club Alum Uten-. 2 2(4 2(4 2(»
Colon Dev 6% pf. 2 3(4 3(4 3(4
Col Fuel & 1 war. 2 4(4 4 4
Colts Pat F A (2) 250s 71(4 71 71(4
Col G & E pf (6) 25s 59 59 59
Columb Oil & Gas 2 1(4 1(4 IS
Consol Biscuit. 12 2 2
Cons G&E Bo 8.60 1 69*4 69*4 69*4
Consol Gas Util.. 1 1(4 1(4 lvi
Cons Steel Corp.. 4 3S 3S 3*4
Conti Roll & Stl— 5 4% 4 4S
Cooper-Bess 2 6H 6(4 6(4
Cor & R pf A .75k 10s 59 59 59
Cosden Petrolm. 1 is IS IS
Creole Petr ,60a.. 13 15(4 14S 15W
Crown Drug 05e. 5 1 ft ft
Cuban Atl Sug Co 4 5(4 5(4 5(4
Cun Press pf 6.50 20s 108 108 108
Darby Petroleum 13 3 3
Decca Reo .60_ 2 4*4 4(4 4(4
Derby Oil_ 1 1(4 1(4 IS
Det G&M pf 1.20. 1 15S 15S 15S
Det Gray Ir .04a. 1 IS IS IS
Divco Twin T.25e 4 6(4 6S 6*4
Draper Corp (3a) 20s 64S 64S 64(4
Eagle Pitch Lead 6 7 6S 6(4
East’n Gas&Fuel 2 2 2 2
Eastn G&F« pf 100s 14S 14S 14S
Eastn Gas & Fuel
prpf (1.125k)). 325s 39S 37 37
Eastern States_ 1 S S S
Eastn Sts pf A_ 25s 14(4 14(4 14(4
Eleo Bond & Sh.. 35 44 4 4
Eleo B & S pf (5). 1 47S 47S 47S
Eleo B & S pf (6) 3 56*4 56S 56(4
Electro! vtc_ 2 (4 14 (4
Emerson Electric 1 3S 3S 3S
Emp G&F 6% of 10s 58S 58S 58S
Empire Pwr (lk) 50s 24S 24S 24(4
EaultyCorp - 2 ft ft ft
Equity ev pf (3). 60s 20 20 20
Esquire (.60)_ 2 3 3 3
Fairchild Avia— 7 8*4 7(4 8S
Fairchild E & A.. 21 5 4(4 5
Ford(Can)A! 1)_ 2 9 9 9
Ford Ltd (.16g)_. 2 IS IS IS
Froedtert (.80).. 3 9 8(4 8(4
Fruehauf T .60e_ 2 20(4 20 20
Fuller cv pf (3).. 60s 13 13 13
Gen Out Ad pf!6) 20s 65 65 65
Glen Alden .125e. 2 6S 6S 6S
Godchaux pf (7). 20s 94S 94 94S
Gorham Inc pf... 125s 12 12 12
Gorham M 1.50e. 2 20S 20 20
G A&Pnv (Be). 275s 90 88 90
G A&P 1st pf (7). 60s 123(4 123V4 123S
Greenfield T & D. 17 7 7
Gulf Oil of Pa!l) 12 28S 28 28
Gulf St Utpf 5.50 10s 106S 106S 106S
Gulf St Ut pf (6 ). 40s 109 107S 107S
Hall Lamp (.60e) 17 7 7
Hartford Rayon. 1 ft ft
Hecla Min ,20e... 4 4S 4S 4S
Heyden Chem (3) 125s 62S 62H 62S
Humble Oil .75e_. 7 50 49 50
Hum'l-Ross 15e 3 5S 5S 6(4
Hygrade Syl.625e 50s 30 30 50
Illlnols-la Power 2 3 2(4 2(4
111-la Power pf _ 3 23S 23 23H
Ill-la Pwr dlv ct. 2 5(4 5(4 5(4
Illinois Ztno 100s 4(4 4*4 4(4
Imp Oil Ltd .50a. 7 6S 5S 6
Imp Oil reg 60a.. 3 5S 5S 5S
imp Tob Can .40a 1 7(4 7(4 7(4
Ind Ter 111 (A)_ 1 S S S
Ind Pips L lOe_ 3 7 6S 6(4
Ind Svo 6% pf— 20s 12S 12S 12S
Ins Co N Am 2a.. 400s 55 54 54
Int Indust (.10g). 1 1(4 1% 1%
Int Pa&Pwr war. 22 2S 2*4 2S
Int Petrolm 1.50. 7 10S 10*4 10(4
Int Products ,25s 2 3S 3(4 3S
Int Utilities pf._ 60s 9 9 9
Int Util pr pf 8.50 60s 23S 23S 23S
Int Vitamin (.30) 4 2*4 2(4 2(4
Interst H Eq .60 7 7 7 7
Iron Fire vtc 1.20 160s 12 12 12
Irving Air Ch (1) 1 13 12 12
Jacobs Co... ... 4 2 2 2
Jones & Lau Stl- 4 20 19(4 19S
Kingston Prod— 1 1(4 1(4 1(4
Klein (DE)(1)— 3 12 11(4 11(4
KopperspfK)_ 10s 76 75 75
Lake Sh M (le)— 2 12% 12% 12%
Lakey Fdry & M. 2 2% 2% 2%
Lehigh Coal- 2 1% 1% 1%
LeTourneau (1). 1 22% 22% 22%
Locke Steel 1.20. 400s 10 10 10
Lone Star-20e... 7 8 7% 7%
Long Island Ltg. 9 % % %
Long Isl Lt of B 60s 25 25 25
La Land&Ex .20e 4 4% 4 4
Lynch Coro (2).. 100s 22% 22% 22%
McCord Rad (B). 1 1% 1% 1%'
Malestio Radio.. 2 ft ft ft
Mangel Btores— 3 1% 1% 1%
Master Eleo .60*. 100s 31 31 31
M«ad John (8a>_ 30s 124 123 124
M*rr-Chao ft 8_ 1 2% 2% 2%
M*sabl Iron_ 1 ft ft ft
Mich Bumber_11 % % %
Mich Sugar. 2 ft ft ft
Mid St Pet B .10e 2 ft ft ft
Midl’d O cvpf.fiOk 50s 5% 5% 5%
Midvale Co (le). 100s 99% 99 99
Mid West Corp.. 1 5% 5% 5%
Minn MAS 60s 75s 45 43% 45
Miss R Pw pf (6) 60s 116% 116% 116%
Mock Jud V 2Se.. 1 6% 6% 6%
Molybdenum .25* 6 6% 6 6
Monogram Plo_ 2 % % %
Mount City C_ 6 2% 2% 2%
Nat City Lpf (!) 100s 38 38 38
NatCont (.45e)_. 1 8% 8% 8%
Nat Fu*l Gas (1). 4 10% 10% 10%
NatPALof (6) 25s 78 78 78
Nat Rubber Mack 14 4 4
Nst Tunnel&Min. 2 1% 1 1%
Nat Onion Radio. 4 % ft ft
Navarro OU.4QaJ 3 8% 8 8
J* J
? %
1 Stock and Sales—
Dividend Rate. Add 00. High. Low. Close.
Nehl Corp ,125e.. 8 9% 9% 9%
Nelson Herman.. 1 3% 3% 3%
New Idea 1.60)— 2 11 10% 10%
NJZlno(le)- 1050s 60 49 i49
New Mex & Aria. 4 111
NIHonR.IBs.. 100s 16% 15% 15%
NY Shlpb’g f<3 ah 1 13 13 13
NY 8t E&G pf 6% 10s 99 99 99
N Y Transit .25e. 1 6% 6% 5%
Nlag Hudson Pw. 11 3% 3% 3%
Nlag 8 Md B .’6b. 6 3% 3% 3%
Noma Electric_ 1 3% 3% 3%
Nor Am Lt A Pwr 3 % % %
N A Rayon A 50e 3 16% 15V* 15%
NIPS 6% pf 1.60k 40s 96 96 96
N West Engl.60e) 100s 14 14 14
Ohio Edit pf (6). 25s 95 95 95
Ohio Oil pf (6) 150s 95 95 95
Ohio P 8 pf A (7) 20s 106 105 106
Oldetyme Dlst_ 9 4 4 4
Omar, Inc_ 60s 5 5 6
Pao Gas6%pfl.60 2 28% 28% 28%
Pao P & L pf (7). 20s 73 72 73
PantepeoOll 41 2% 2% 2%
Parkbg R&R ,25e 1 6% 6% 6%
Pennroad - 12 1% 1% iv«
Pa-Cent Airlines. 17 13% 13 13%
Penn P&L pf (6). 20s 100 100 100
Penn P&L pf 17). 25s 104% 104% 104%
Penn W & P (4)_ 10s 63% 53% 53%
Pepperell <3e)_60s 56% 53 53
Perfect Cir (2)_ 60s 22 22 22
Phlla Co <.36e)_ 1 5% 5% 5%
Phoenix Becur... 64 6 5% 5%
Phoenix Secur pf 150s 23% 22 23%
Pioneer Gold .40. 1 1% 1% i%
PI tney-Bowes .40 1 6% 6% 6V4
Pitts Forg l.25e) 4 8% 8 8V*
Pitts & L E (2e). 250s 46% 43 44
Pitts Metal 25e 2 10 10 10
Pitts Plate G(2e) 7 77% 76 77%
Polaris Mining _ 5 % %
Powdrell & A .20e 25 2% 2% 2%
Premier Gold .12. 5 ft £ Jj,
Prud Inv pf (6).. 60s 95 95 95
P 8 Ind $7 pr pf 25s 73 73 73
Pug Sd $5pf 1.25k 60s 63 62% 63
Puget Sd P 16 pf 25s 16 16 16
Pug Sd Pulp 1.25c 1 16% 16% 16%
Rellanc E&E .25e 100s 10% 10% 10%
Republlo Avlat’n. 15 5 4% 4%
Rheem Mfg (1)_ 1 12% 12% 12%
Root Petroleum.. 2 1% 1% 1%
Royal Typ (2e). _ 60s 43 43 43
Rustless I&S .30e 13 9% 9 9%
Ryan Consol_ 1 1% 1% i%
St Kegls Paper.. 8 2% 2% 2%
St Regis Pap pf.. 250a 531% 50 50
Salt Dome Oil_ 9 51% 4% 5%
Samson United_ 4 % % %
Schlft Co (1) — 1 9>4 914 gvj
Scovill Mfg .50e_. 2 25 2414 24V*
Segal Eock 6 % ft ft
Select Industries 1 % % %
Sel lnd pr pf 6.60 300s 40 38 38
Shattuck-D(.lOe) 4 4 4 4
Sher-Will l.SOe.. 100s 6614 66% 66%
Sher-Wlll pf (6). 20s 107 107 107
Simmons H & P_. 2 414 414 4%
Solar Mfg__ 4 % % %
Sonotone (05e).. 1 11% 1% 1%
So Penn 011 1.50.. 2 31 30 31
S C Ed pf B 1.60.. 1 2714 2714 2714
S C Ed pf C 1.376. 4 2414 24% 24%
Spalding Co .... 1 1% 1% 1%
Spald (AG) 1st pf 210s 814 8 8
Stahl-Meyer- 1 IV* 1% j %
Stand C & S .60e_ 1 7% 7% 7%
Std C&Scvpf 1.60 50s 15% 15% 15%
Stand Dredg .10e. 1111
Stand Oil Ky (1* 4 1714 17 1714
Stand Oil Oh pf 5 25i 103 103 103
Stand Pwr & Et._ 1 14 % %
Stand Prod .60e_. 2 6% 6 6
Stand Stl Sp .60*. 5 20% 1914 20%
Sterchl Bros_ 1 2V* 2% 21*
Sterchi Br 2d pf. 50s 7% 7% 7%
Sterling Alum _ 2 6% 6% 6%
Sterling Inc (.20) 1 1% 1% 1% !
Stetson (J Bi_175s 3% 3% 3%
Sunray Oil 05e_ 30 1% 1% 1%
Sup Oil of Cal_ 2 22% 22% 22%
TaylorcKy IDist. 2 % % %
Technicolor .50*. 5 10 10 10
Texon Oil (.20c). 1 2% 2% 2%
Thew Shovel_100s 14 14 14
Tilo Roof (,65a). 1 10 10 10
Tob Prod Exp.40g 6 4% 4Vi 4%
Todd Shlpy d ,75e 150a 57 55% 57
Tol Ed pf (6). __ 10s 97% 97% 97%
Toledo Ed pf (7). 10s 104 104 104
Trans-Eux (.10e) 6 114 1 1
Tubize Chatillon. 2 5% 5% 5(4
Udyllte (,20e)... r 5 3% 3% 3T4
Unexcelled Mfg.. 2 1% 1% 1%
Unit Atrct P .10* 6 12 11% 12
Unit Cgr-Whelan 8 ft ft ft
United Gas .. . 5 114 " 1 1%
Unit Gas pf 4.50k 1 90% 90% 90%
Unit Et&Pwr (A) 3 ft ft ft
Unit Et&Pwr pf. 2 18% 18% 18%
Unit Sh M 2.50a 400s 60 59% 59%
Unit Sh M pf 1.50 20s 42% 42% 42%
U 8 Foil (B).. 5 3% 3*4 3%
U S Graphite .30e 50s 4 4 4
U S Elnes pt _ 1 2% 2% 2%
U S PlyWd .60*.. 1 21% 21% 21%
U S Radiator- 4 1% 114 1%
Unit Wall Paper. 4 1% 1% 1%
UnivCorpvtc_ 5 3% 3% 3%
Unlv Insur (1)_ 50s 16 16 16
Unlv Pictures_ 3 4% 4 4%
Utah Idaho Sug 4 1% 1% 1%
Utah P&E pf2%k 50s 50 49% 49%
Valspar Corp_ 5 1 1 1
Waco Aircraft 14 4 4
Wayne Knit 1.25g 1 13 13 13
W Tex Ut 66 pf 6 10s 92% 92% 92%
Western Air Exp 3 4% 4% 4%
Wichita Rlv Oil— 4 5% 5% 5%
Wtllms (RC)... 3 4 4 4
Willson Pr(.40e). 25s 8 8 8
Wllson-Jones.25e 3 6% 6% 6%
Wls P&E pf 3.50k 40s 98 98 98
Wolverine T .10e 3 4% 4% 4%
Wright Uarg.4Ua 5 3% 3% 3%
r In oankruntey or receivership or oelnt
reorganized under the Bankruptcy Act or
securities assumed by sucb companies.
Rates of dividends tn the foregoing table
are annual disbursements based on the
last auarterly or semi-annual declara
tion Unless otherwise noted, special or
extra dividends are cot Included, a Also
extra or extras d Accumulated dividends
patd last rear e Declared or paid so
far this year t Payable In stock g Paid
last year b Cash or stock k Accumu
lated dividends oaid or declared this (ear
ur Under rule wv With warrant*. *w
Without warrant* war Warrant*.
Insurance Stocks
NEW YORK. May 24 IIP.—National As
sociation of Securities Dealers. Inc.:
Bid. Asked.
Aetna Cas (4a)_ 94 98
Aetna Ins (1.60a)_ 41 43
Aetna Life (1.20a)_ 2| 26%
Am Eauit (1)_ 16% 18
Am Ins Nwk (%a)- 9% 10%
Am Reins (1.60a)- 34 36
Am Reserve (1%)- 16 18
Am Suretv (2%)- 42 44
Automobile (la) - 32% 34%
Balt Amer (,20a)- 5% 6%
Boston (18a)_ 640 660
Carolina (1.30) _ 25% 27%
City of N Y (1.20)_ 18% 19%
Conn Gen Life (.80)- 24 25%
Contin Cas 11.20)- 29 31
Fid & Dep (4)_ 91 99
Firem's Nwk (.40)- 7% 8%
Frank Fire (la)_ 24 25%
Gen Reinsur (la)_ 34 36
Georg Home (la)_ 23% 25%
Glens Falls (1.60)_ 34% 36%
Globe & Rep (%) -- 7% 8%
Globe & Rut_•- 10% 14%
Gt Amer Ins (la)_ 19% 21%
Hanover (1.20)_ 19% 21%
Hartford Fire i2a)_ 71 % 73%
Home Fire See _ IV* 2%
Home Ins (1.20a)_ 24% 26%
Homestead il)___ 16% 18%
Knickerbocker (%)_ 7 8
Lincoln Fire _ 1% 2%
Maryland Cas_ 1% 2%
Mass Bond (3%) _ 52% 55%
Natl Fire (2)_ 48% 60%
Natl Liberty (.20a)_ 6 7
New Amst Cas (%)_ 11% 13
N Hampshire (1.60a)_ 39% 44%
N Y Fire (.80)_ 12% 14
Nor East Ins_ 2 3
Nor River (1)_ 19% 21
Phoenix (2a)_ 71% 73%
Prov Wash (la) _ 27 29
Rep Ins Tex (1.20a)_ 23 24%
Revere (P> In (1.20a)_ 19% 21
Rh Isl Ins_ 2% 4
St Paul Fire (8)_201 214
Springfield (4%a)_ 98 103%
Sun Life (15)_ 240 290
Travelers (16)- 395 405
D 8 Fid A G (1)_ 15 16%
D S Fire (2)_ 40% 42%
Westchester (1.20a)_ 27% 28%
a Also extra or extras.
Quotations furnished by National Asso
ciation of Securities Dealers. Inc., which
states they do not necessarily reflect actual
transactions or firm bids or offers, but
should indicate approximate prices.
New York Bank Stocks
NEW YORK. May 24 OP).—National As
sociation of Securities Dealers. Inc.:
(Quotations as of 2 o'clock.)
Bid. Asked.
Bk of Am NTS (SP) (2.40) .31 % 33%
Bank of Man (,80a)_ 13 14%
Bank of N Y (14)_ 335 360
Bankers Tr (2)_ 44% 46%
Bklyn Tr (4)_ 66% 71%
Cen Han Bk A Tr (4)_ 77 80
Chase Nat (1.40)_ 26% 27%
Cbem Bk A Tr (1.80)_ 39% 41%
Commercial (8)_159 166
Cont Bk to. Tr (.80)_ 10 11%
Corn Ex Bk & T (3)_ 42 43%
Empire Tr (.60)_ 8% 0%
First Nat (Bos) (2)_ 37% 39%
First Natl (100)_1640 1580
Guaranty Tr (12)_ 227 232
Irvin* Tr (.60)- 9% 16%
Manufacturers Tr (2)_ 29% 31
Manufacturers Tr pf (2)_48% 60>/4
Natl City (1)- 21 23
N Y Trust (6)- 88 91
Public (1%). 24% 25%
Title OAT -TJ^-_ 2 3
Farmers' Cash Income
Reported 12 Per Cent.
Above Year Ago 0
Total for First Four
Months Estimated at
$2,615,000,000
By the Associated Press. *.
1 The Agriculture Department re-*
ported yesterday that American,
farmers received a cash income of
$2,615,000,000 during the first four
months of this year, or 12 per cent
more than in the corresponding pe
riod last year.
The income included $2,258,000,000
from the sale of products and $357,
000,000 from Government benefit
payments. In the first four months
of 1939, the income from marketings
was $2,059,000,000 and from benefit
payments $282,000,000.
Income in April was reported at
$625,000,000 compared with $568,
000,000 in April a year ago. The
department said the increase, which
was greater than normal, was due
to larger return from cattle, wheat,
truck crops, strawberries and
tobacco. ,
The department explained that
the January-April income re
port did not reflect sharp
declines in prices of grains
and cotton. It said these
price losses, which did not occur
until after Germany invaded the
Low Countries this month, were not
likely to seriously affect the levei
of farm income in May, since May •
marketings of these products are
relatively small.
The January-April income last
year and this, respectively, by major
classes included:
Grains, $256,000,000 and $327,000,
000; cotton and cottonseed, $59,000
000 and $68,000,000; fruits, $73,000,
000 and $70,000,000; vegetables,
$160,000,000 and $151,000,000; to
bacco, $56,000,000 and $74,000,000;
meat animals, $683,000,000 and $712,
000,000; dairy products, $425,000,000
and $479,000,000, and poultry and
eggs, $192,000,000 and $191,000,000.
Wrigley Board
Orders Extra
Of 50 Cents
By the Associated Press.
CHICAGO, May 24.—Directors of
William Wrigley, Jr., Co. today de
clared an extra dividend of 50 cents
a share on the capital stock, payable
July 1 to stock of record June 20.
A monthly dividend of 25 cents a5
share was previously declared with
the same payable on record dates. :
Curb Bonds
DOMESTIC. High. Dow. Close.
A a Power 4%s 67_ 99% 99% 99%
A a Power 5s 51 _ 105 105 105
Ala Power 5s 68 _100% 100% 100%
Am P & L lis 2016_92 gj gj 34
Apnaiacji E P 41 js 48_ 104*4 104% 104%
Ark P * L 5s 56 103*4 103% 103%
As El Ind 4%s 53_ 39% 38% 38%
As O & E 4%s 49_ 11*2 11 11
As G & E 5s 68 ._ 11 11 11
As T & T 5%s 65 A-53% 53% 53%
Atl City El 3%s 64_104% 194% 104%
Atl Gas Dt 4*48 55_ 105 105 105
5a ,dJjOCO 6s 50 _102% 99 100
Bell Tel C 5s 57 B_97% 97% 97*4
Bell Tel C 5s 60 O_ 97 97 97
Beth Stel 6s 98_140% 140 140
Birm El 4%s 68 _ 91 90 91
Birming Gas 5s 59_ 93 93 93
Can Nor Pwr 5s 53_ 60 69 69
Can Pac 6s 42 _ 65 64 04
Caro Pw & Lt 5s 56_103% 103*4 103%
Central Pw 5s 57 D_ 96 96 96
Cent St El 5s 48 ... 26% 20 26%
Cent St El 5%s 54_26% 26% 26%
Cen St P&L 5%s 53_ 65% 65% 65%
Chi Rys 5s 27 cod_ 37 37 37
Cities Svc 5s 50_ 68 07% 68
Cities Svc 5s 58_ 67% 67 67*4
Cities Svc 5s 66 70% 70% 70%
Cit S P&L 5%s 52_ 76% 76% 76%
Cit S P&L 5%s 49 ... 76% 76 70V* .
Comnty P&L 5s 57... 85% 85 85
Con GEL&P 3%5 71... 106 106 106
Cons G Util 6s 43 st _. 76% 76 78
Com G A- E 5s 58 A__ 80% 80% 80%
Cudahy Pkg 3%s 55_ 95 95 95
Del El Pw 5%s 59 ... 104% 104 104%
East O * P 4s 56 A... 79 75% 79
Edis El Illu 3%s 65. _ 108% ln8>, 108*4
El Pw & Lt 5s 2030 _. 72 70% 71
Emo Dis El 5s 52_107% 100% lO'*%
Fed Wat 5'4s 54_ 92 92 92
Fla Pwr coiinn 4s 66_99% 99*4 99*4
Florida P&L 5s 54 _ 1 no*, ion 100’,
Gatineau 5s 56 _ 65 65 65
Gatineau P3%s 69 65 65 85
Gary E&G 5s 44 st _ 98 98 98
Gen Pub Ut 6*is 58 _. 87 86*4 80*4
Gen W WA-E 5s 43 A 91 00% 91
Georgia Pw 5s 67_ 104 103% 104
Glen Alden Cl 4s 65_ 70*4 69% 09%
Gr No Pw 5s 50 stp... 100*4106*4106*4
Grn Moun P 3%s 63_ 100 100 100
Hou Gulf G 6s 43_ 102 102 10°
Idaho Pwr 3*is 67 _ . 100% 100% in«%
111 Pwr & Lt 6s 53 A ._ 102 101 101*4
111 Pw & L 5%s 54 B 101 99% 101
111 Pw & L 5s 56 C . 98 97% 98
Ind Hvd Elec 5s 58... 95*4 95*4 95*4
Indiana Svc 5s 50 A_ 58*4 58 58
Indiana Ser 5s 63 A... 56*4 56 56
Ind P&L 1st 3%s 68_105% 105*4 105*4
Interst Pw 5s 57_ 52% 51 % 52%
Intcrst Pw 6s 52 _ 30 29 30
Ia-N LA*P 5s 57 A ... 10.3% 103% 103%
Jer C PA-L 5s 47 B ... 102% 102% 10"%
Jer C PAtL 4%s 61 C—_ 104*4 104 104V4
La Pw A* Lt 5s 57_ 104*4 104 104%
Metron Ed 4s 65 Q___ 108% 108*4 108%
Mid S Pw 6%s 45 A... 93 93 93
Mil G&E 4%s 67_ 99*4 99% 99%
Minn P&L 4%S 78_ 99% 99*4 99%
Minn P & L 5s 55_ 103 102*4 103
Miss Pw A: L 5s 57 _ 98 97 98
Nat P & L 8s 2026 A._ 110 109% 110
Nat P A- L 5s 2030 B... 101% 101 101
Nevad Cal El 5s 56 ... 68 64% 86
New Ams Gas 5s 48... 116% 118 116%
New E G&E 5s 47 . 52 51 51
New E G&E 5s 4 8 . 52 52 52
New E G&E 5s 50 _ 52 52 52
New E Pw 5%s 54_94% 94 94
New Or FS 6s 49 A... 97 97 97
Nor A L&P 5%s 58. __ 98% 96% 96*4
Northw P S 5s 57 A... 10.3 103 103
Ogden G Co 5s 45 ... 107% 107% 107*4
Ohio Power 3%s 68.. 103*4 103% 103V4
Ohio Pub S*’C 4s 62_108*4 106 106
Pac O & E 6s il B_107% 107% 107*4
Pac Iny 5s 48 _ 88 88 8.8
Pac P ft L 5s 55 87% 87 87%
Park Lex Lshld 3s 64.. 40 40 40
Penn C L&P 4%s 77 99% 98% 98%
Pe&3 Oh E 5%s 59 B._ 102% 102V, 102%
Penn Oh E 6s 50 A_ 105 1 04% 10474
Penn P Svc 6s 47 C... 106 106 106
Penn P Svc 5s 54 D_ 105 105 105
Peon GL&C 4s 61 D___ 96 95% 96
PeOD GL&C 4s 81 B.__ 94 94 94
Phila Ran T 6s 62_ 93% 9.3% 93*4
Potomac E 5s 50 E_ 108 108 108
Pug Sd P&L 5*4* 49... 88 88 88
Pug S PAL 5s 50 C___ 84 83% 84
Pu S P&L 4'4s 5n D 82 81 82
Quee G&E 5%s 52 A.. 83% 83% 83%
Safe H Wj 4'4s 79__ 109 109 109
Scripns 5%s 43 ._ 101 101 101
Shw W&P 4%s 67 A . 70 70 70
Shw WAP 4%s 70 D... 69 69 09
Sherid Wyo 0s 47 _ 87 87 87
8 E P&L 6s 2025 A... 104*4 102% 104%
Sou Cal Ed 3%s 80 __ 106% 106*4 106%
Sou Cal E 3%s 60 B ino% 106% 106%
Sou Caro 5s 57 _ 97% 97% 97*4
Sou Ind Ry 4s 51 _ 37% 37 37%
Souw As T 5s 81 A_104% 104% 104*4
Std G&E Ks 48 st 80% 59% 80
Std G&E 6s 48 CV St.. 60% SO'/, 80*4
Std Oas&El 8s 51 A... 59% 59% 59%
Std Gas A- B3 6' 57_ 60 60 «n
Std Gas&El Hs 66 B.__ 60 60 60
Stand Pw&Lt 6s 57... 60% 59% 60%
St arret Corn 5s 50_ 15 15 15
Texas Hec 5s 60 _102 101% 102
Tex Pw & L 5s 50 ... 105 105 105
Tide Wat P 5s 79 A... 88% 88% 88%
Twin C RT 5%s 52 A 57 5874 57
Unit Lt&Pw 5%s 59.. 108'/, 10774 107%
Unit Lt&Pw 6s 75_ 74% 74 74
Unit Lt&Pw 0%s 74... 75 75 75
Unit L&R D 5%s 52 ... 79 79 79
Utah P&L 6s 2022 A_ 87 87 87
Va Pub S 6%s 48 A... 100% 99% 100%
West Pa 6s 2030 _105 105 105
West Pa Tr 5s 60_108% 108% 108%
Yadkin Riv P 5s 41_103% 103% 103%
York Ry 5s 37 mat_ 93 92% 93
York Rwy 5s 47 st_ 95 95 95
FOREIGN—
Sttnn (HI 4s 40 2d at.. 31 31 31
Stinn (Hi 4s 46 3d st .. 20 20 20
Unit El Svc 7s 56 A.. 28% 28% 28%
ww—With warrants, xw—Without war
rants n—New. st (stp>—Stamped.
tNetotiablllty Impaired by maturity.
Boston Wool Market
BOSTON. May 24 liPi United Statei
Department of Agriculture).—Very little
business was being transacted In the Bos
ton wool market today. The price situation
remained confused because of the ex
tremely Umlted buying Interest and the
reluctance of most holders to make an ef
fort to sell wools
Prices on scattered transactions were
very Irregular, ranging from about steady
to considerably lower, compared with last
week. An occasional voluntary offering of
good French combing length fine territory
wool In original bags was available in
Boston at around 75 cents, scoured basis.
Quotations were Inclined to ease on coun
try-packed three-eighths and quarter blood
bright fleece wools, although few offerings
had been -made at prices under 83 cent*.
In the grease, delivered to users.

Evening star. [volume], May 24, 1940, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], May 24, 1940, Page A-19, Image 19 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], May 24, 1940, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972