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

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

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Evening star. [volume] (Washington, D.C.), 17 July 1940. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1940-07-17/ed-1/seq-17/>

Newspaper Page Text

Rail Bonds Fade
After Early Try
At Higher Prices
Morning Gains
Are Canceled or
Replaced by Losses
Bond Averages
20 10 10 10
Rails. Indust. Util. F’ftn.
Net change +.2 —.1 +.3 +.3
Today, noon 57.4 102.9 96.3 36.5
Prev. day- 57.2 103.0 96.0 36.2
Month ago. 51.9 100.3 93.7 37.9
Year ago.— 57.9 100.5 96.9 60.9
1940 high- 59.9 103.6 97.5 53.5
1940 low— 48.3 98.9 90.3 35.1
1939 high- 64.9102.0 97.5 64.0
1939 low— 53.4 95.8 90.4 41.7
10 Low-Yield Bonds.
Close_ 111.5 Prev. day 111.7
M’nth ago 110.5 Year ago. 112.3
1940 high 113.2 1940 low. 108.4
1939 high 112.6 1939 low. 103.6
(Compiled by the Associated Press.)
By the Associated Press.
NEW YORK, July 17.—An early
try at higher prices by the rail
group fizzled out in later bond deal
ings today.
Morning gains were canceled or
replaced with minor losses in many
cases at the start of the last hour.
Receiving more favorable atten
tion after a slow start were such is
sues as International Telephone 5s,
Montana Power 334s, American &
Foreign Power 5s and Common
wealth Edison convertible 34s.
Carriers pushed back included
Nickel Plate 54s, Illinois Central
434s and Erie 5s of '75.
Baltimore & Ohio first mortgage
Jumped more than 2 in compara
tively lively trade.
Some normally inactive rails crept
back into the trading spotlight dur
ing the final hour.
Marked up 1 to 3 points were
Louisville & Nashville 34s at 84,
Burlington 34s at 96 and Peoria
& Eastern Illinois at 70.
German issues tended higher in
the foreign list, the 54# of '65 add
ing 4 and the 7s of ’49 up 214.
5 i n
Bank Offers Bonds
To Refund Debt
By the Associated Press.
NEW YORK, July 17.—Public
offering was made today of $9,500,
000 refunding farm loan bonds of
the First-Trust Joint Stock Land
I
Bank of Chicago as the principal I
step in a complete refunding of the
outstanding funded debt of the
bank.
The selling syndicate included
A. G. Becker & Co.; Harris, Hall &
Co. and Lee Higginson Corp.
The bank also arranged a 3 per
cent insurance company loan for
$5,000,000 and a $3,000,000 unsecured
loan at 3 per cent from the First
Chicago Corp.
Proceeds of the public and pri
vate loans will enable the bank to
effect a maximum anniial interest
saving of $358,000 through redemp
tion of its $17,397,000 outstanding
bonds.
The First-Trust Joint Stock Land
Bank is wholly owned by First
Chicago Corp., all of the capital
stock of which is held by trustees
for the benefit of stockholders of the
First National Bank of Chicago.
Equity Corp. Waits Action
On Stock Dividends
By the Associated Press.
NEW YORK. July 17.—Directors
of Equity Corp., it was announced
today, took no action on the $3
convertible preferred stock divi
dend due at this time. Dividends
of 75 cents each were paid March
1 and June 1. The company is an
investing concern with total assets
of around $16,492,000.
N. Y. Shipbuilding Corp.
Far Behind Orders
By the Associated Press.
PHILADELPHIA. July 17.—New
York Shipbuilding Corp. has a to
tal of $240,291,900 in undelivered
contracts on its books, figures re
leased today showed. The total in
cluded 7 cruisers, 5 tenders and 1
battleship.
Dividends Declared
NEW YORK, July 17.—Prepared by Fitch
Publishing Co.:
Passed.
Pe-Stock of Pay
Rate. rlod. record, able.
Interallied Investing Corp. A.
Special.
Kennecott Copper_ 50c __ 8-31 9-30
Reduced.
Phils Insulated Wire 10c 8 8-1 8-15
Decrease.
Silex Co _ . 15c .1 7-31 8-10
Initial. •
Mastic Asphalt Corp 20c_8-1 8-15
Regular. ,
Adams Millis 25c Q 7-25 8-7
Cen Ohio Steel Prod 25c 8-15 9-3
Cherry-Burrell Corp. 20C Q 7-25 7-31
do pfd _$1.25 Q 7-25 7-31
Chile Copper _ 5<lc 8-0 8-27
Dixie-Vortex A_624c Q 0-10 10-1
General Metals _25c S 7-31 8-15
Kennecott Copper_25c 8-31 0-30
King OH 15c Q 7-13 8-1
Meier Ar Frank _15c Q 8-1 8-15
Michigan Bakeries _15c 7-8 7-18
No American Oil Cons..25c Q 7-25 8-5
Oswego Falls _15 Q 7-20 8-1
Sovereign Investors_10c Q 7-31 8-30
American Book Co_$1 _. 7-16 7-20
Continental Oil Co_25c . W-3 0-30
General Foods _ 50c Q 7-26 8-15
R H Macy _ _.50c . 8-9 0-3
Okla Nat Gas_25c Q 9-14 0-30
Exera Dividend.
Am Book. $1.00.
New York Bank Stocks
NFV YORK July 17 (JO.—National Ai
aoclatlon and Securities Dealers. Inc.:
.... _ Bid. Asked.
Bk of Am NTS (SF) (2.40) 344 364
Bank of Man i.SOa) 164 18
Bank of NY .14)-ZIi; 310 318
Bankers Tr (2) _ SO 82
Bklyn Tr (4) .. -"it, 734
Cen Han Bk A- Tr (4) .I. 89 4 924
Chase Nat (1 40) . 304 324
Chem Bk A Tr <1.80)..II 433" 454
Commercial <8) 135 373
Cont Bk * Tr (.80)_ 12 j'34
Corn Ex Bk At T (3)_ 50% 51%
First Nat (Bosi (2) _ 414 434
First Natl (100) _1620 lotto
Guaranty Tr <12) _2)s 203
Irving Tr < 601 11 12
Manufacturers Tr (2) . 334 351/.
Manufacturers Tr pf (2)_. 51 53
Natl City (1) _ 25'; 26%
N Y Trust <5) ... 07 4 1004
Public (14) _ 31 33
Title GAT_ 3 4
a Also extra or extras.
London Bar Silver, Gold
LONDON. July 17 —Bar silver. 223*d
■P A. 'Equivalent 40.58 cents based on
the dollar at $4.03). Bar gold, 168s, un
changed. (Equivalent $33.85).
IjONDON. July 17 <JV—Tin steadv; spot
*}<?:* £264 b10a asked*Sk*<i; 'uture' il64 5s
BONDS ON N. Y. STOCK EXCHANGE
By print* wire direst t* The Star.
Approximate Transactions Today.
Domestic Bonds_ 4,470.000
Foreign Bonds__ 640.000
US Govt Bonds. 110,000
TREASUR Y.
High. Low. Close.
2s 1948-50_ 103.22 103.20 103.22
2'is 1951-53_ 103.14 103.14 103.14
2%sl945 108.14 108.14 108.14
2 '/is 1950-52_ 105.19 105.19 105.19
2%s 1951-54_ 107.15 107.15 107.16
2%s 1956-59_ 106.28 106.25 106.28
2%s 1960-85_ 106.19 106.19 106.19
2%s 1955-60_ 108. 107.26 108.
3s 1951-55 110.16 110.16 110.16
3%S 1943-45 _ 108.20 108.20 108.20
FEDERAL FARM MORTGAGE.
3s 1944-49 .. 107.16 107.16 107.16
NEW YORK CITY BONDS
3s 19S0.... 96% 96 96%
FOREIGN BONDS.
High. Low. Close.
Antloquia 7s 45 A_ 11 11 11
Antloquia 7s 45 B__ 11 11 11
Antloquia 7s 45 C_ 10% 10% 10%
Antioqula 7s 45 D.___ 11 11 11
Antioauia 2d 7s 57_ 10 10 10
Antioqula 3d 7s 57 ... 10 10 10
Argentine 4s 72 Feb.. 57 56 57
Argentine 4s 72 Apr.. 56% 56% 56%
Argentine 4%s 48.... 73 72% 73
Argentine 4 %s 71_ 63 62% 63
Australia 4 %s 56.__38% 88% 38%
Belgium 6%s 49 _ 35 33% 35
Brazil 6%s 1926-57_ 11 11 11
Brazil 8s 41 _ 13% 13% 13%
Brisbane 5s 67 45% 45% 45%
Buen Air 4 %s Apr 76 43 43 43
Canada 2 y*s 44_ 84% 84% 84%
Canada 2%s 45_ 81% 81% 81%
Canada 3s 68 _ 71% 71% 71%
Canada 3 % s 61_ 73% 72% 73%
Canada 4s 60_ 78% 78% 78%
Canada 6s 62___ 89% 89 89%
Chile 6s 60 assd_ 11 11 11
Chile 6s 61 Jan _ 12% 12% 12%
Chile 6s 61 Jan assd.. 11 11 11
Chile 6s 61 Feb assd.. 11 11 11
Chile 6s 61 Sept assd. 11 11 11
Chile 6s 62 assd . 11 11 11
Chile Mtg Bk 6%s 57. 11% 11% 11%
Chile M B 6%s 61 asd 10 10 10
Colombia 6s 61 Oct .. 22% 22% 22%
Copenhagen 4 %s 63_ 23 23 23
Cordoba Prov 7s 42... 70 70 70
Cuba 4%s 49_ 97% 97% 97%
Cuba 4%s 77_ 64% 54 54%
Denmark 4 %s 62_ 26% 26 26
Denmark 6s 42 _ 33 32% 33
French Gov 7%s 41.. 50 49% 60
GerC A Bk 6s 60 July 16 16 16
Ger C Ag Ln 6%s 58.. 14% 14% 14%
Get Govt 5%s 65 ... 17% 16 17
German Govt 7s 49_ 21% 21 21%
Grt C El Jap 7s 44_ 81 81 81
Italy 7s 61 _ 48% 48% 48%
Ital P O Crd 7s 52_ 28 27% 28
Japan 5%s 65_.... 67 66 66
Japan 6 %s 54_... 88% 88 88%
Medellin 6',is 54_ 9 9 9
Milan 6%s 62 _ 30% 30% 30%
Norway 4%s 65_ 35 35 35
Norway 4 %s 66_... 34 33% 34
Norway 6s 44_ 44 43% 44
Oriental Dev 6’4s 58. 53% 53% 53%
Oriental Dev 6s 53 ._ 58 57% 67%
Panama 5s 63 st asd.. 63% 53% 53%
Peru 1st 6s 60_ 6% 6% 6%
Peru 2d 6s 61_ 6% 6% 6%
Queensland 7s 41_ 83 83 83
Rio de Jan 6%s 53_ 6% 6% 6%
Sante Fe Prov 4s 64.. 55 55 55
Sao Paulo C 6%s 57_ 7 7 7
Sao Paulo St 6s 68_ 9 9 9
Sao Paulo St 7s 40_ 32% 32% 32%
Sao Paulo St 8s 50_ 11 10% 11
Serbs 8s 62.. 9% 9% 9%
Taiwan Elec 5%s 71.. 57 -57 57
Tokyo City 5 %s 61... 62% 62% 62%
Tokyo El Lt 6s 63 ... 58% 57% 57%
Ujigawa El P 7s 45 . 98% 98% 98%
Uru 3%-4-4%s adj 79 35% 35% 35%
Yokohama 6s 61 61% 61 61
DOMESTIC IONDS.
Abltibl P&P 6s 63 38% 38 38
Adams Kxp 4s 4 8 _ 97% 97% 97%
Adams Ex 4 Vis 46 st. 104 104 104
Alleg Corp 5s 44_ 80% 79% 80%
Alleg Corp 6s 49_ 68% 68 68
Alleg Corp 5s 60 std-. 39 37 37%
Allied Stores 4 Vis 61. 93% 93 93
Allis-Chalmers is 52. 108% 108 108%
Am & For Pw 5s 2030 49% 49 49%
Amlntl5Vis49 _ 99 99 99
Am T & T 3 Vis 61— 109% 108% 108%
Am T& T 3 Vi a 66- 108% 108 108
Am T & T 5 %s 43_ 106* 106% 106%
Am Wat W’ks 6s 75 . 105% 105% 105%
Anaconda db 4 Vis 60 104 103% 104
Anglo-Chll Nitr db 67 28% 28% 28%
Ann Arbor 4s 95 42% 42% 42%
Arm'ri Del) 1st 4s 55 101% 101% 101%
Armour Del 4s 57 101% 101% 101%
A T&S Fe gen 4s 95.. 106% 105% 105%.
A T&S Fe 4 %s 48 103% 103%. 103'-.
A T&S FeCA 4%s 62 107 107 107
Atl & Ch A L 5s 44 . 96 95% 95%
Atl Coast L 1st 4s 62. 69% 69% 69%
Atl Coast L 4 Vis 64_ 49% 49% 49%
Atl Coast L 5s 45 _ 65 65 65
Atl & Dan 2d 4s 48_ 27% 27% 27%
Atlantic Refin 3s 63— 105% 105% 105%
8 &O 1st 4s 48 _ 68% 67% 68%
B & O 1st 48s atd_ 69% 67% 69%
B * O cv 60s std_ 12% 12% 12%
B * O 95 A stamped— 28% 27% 28%
B & O 95 C stamped_32% 31% 32%
B & O 96 F stamped—' 28% 27% 28%
B & O 2000 D stpd_ 28V* 28 28%
B & O S W 60s std_ 45Vi 44% 44%
B&O Toledo 4s 69 ... 54 53% 54
Bell Tel of Pa 5s 48 B 115 115 115
Bell Tel (Pa) 6s 60 C. 130% 130% 130%
Beth Steel 3s 60_ 100 100 100
Beth Steel 3 Vi a 59_104% 104% 104%
Beth Steel 3 %s 62 ... 106% 106% 106%
Boston & Me 4%s 81. 63% 63 63%
Bost&Me 4%s 61 std. 52% 52% 52%
Bos & Me 6s 65 .. 67% 67% 67%
Boston & Me 5s 65 at- 52% 52% 52%
Bos & Me 6s 67 _ 65 64 64%
Boston & Me 5s 67 st. 52% 52% 52%
Bos NTAL 4s 55 ... 8 8 8
Bklyn Ed cn 3 Vis 66. 109% 109 109
Bklyn Un Gas 6s 60 . 95 95 95
Buff Roch & P 67 std. 38% 38 38%
Bush Ter Bldg 6s 60. 54 53V* 54
Calif Oreg Pwr 4s 66. 104'-* 104% 104%
Canada South 6s 62.. 73% 73V* 73%
Canadian NR 4 Vis 61. 81% 81% 81%
Can NR 4 %s 57 _ 81% 81'% 81%
Can NR 5s 69 Oct_ 86 85% 8ff
Can Nor 6Vis 46_ 96% 96 96
Can Pao db 4s perp—. 49% 49 49%
Can Pac 6s 44__ 95 95 95
Can Pao 6s 64 _ 64 64 64
Celotex 4 Via 47 ww„. 80 80 80
Cent of Ga 5s 59 C_ 1% 1% 1%
Cent of N J 4s 87 _ 12% 12% 12%
Cent of NJ gen 6s 87.. 13% 13% 13%
Cent NJ gn 5a 87 rg.. 12 12 12
Cent Pac 1st rf 4a 4». 65% 66 65%
Cent Pacific 6a 60 . 46% 46 46
Cent P Th St L 4s 64.. 59 59 59
Cert'd deb 5%s 48 74% 74% 74V*
Cham P&F 4%s 38-50 103 103 103
Ches&Ohlo 3 Via 63 Fj 106% 106% 106%
Ches * O 8 Via 96 D_ 99% 99% 99%
Ches* O 3%s 96 E_ 99% 99 99%
C&O gen 4Vis 92 - 125% 126% 125%
Chi B&Q gen 4s 58_ 90 90 90
Chi B&Q 4 Vis 77 _ 79% 78% 79%
C B & Q rfg 6a 71 A... 86% 86% 86%
C B&Q 111 dlv 3 Vis 49 96 94% 96
CB&Q 111 dv 3%s49 rg 92 92 92
CB&Q 111 div 4s 49... 101 100 101
Chi & E 111 5s 51 _ 13% 13% 13%
Chi & E 111 5s 51ct- 12% 12% 12%
Chi Grt West 4s 69— 28 27% 27%
CM&StP gn 8 Vis 89 B. 20% 20% 20%
C M & StP gen 4s 89.. 22% 22% 22%
Chi Mil & St P 6s 76— 6% 6% 5%
CM&StP adj 6s 2000- 1% 1% 1%
Chl&bTW gen 3 Vi a 87. 13% 13% 13%
Chi* NW gen 4S-87— 13 13 18
Chi &NW gen 6s 87— 14% 14% 14%
Chl&NWrf 6s 2037.. 8% 8% 8%
Chi RI&P gen 4s 88 ... 13% 13% 13%
Chi RI&Pcv 4 Vis 60.. 1% 1% 1%
Chi TH&S rf 6s 60_ 60 60 60
Chi Un Sta3%a63 .. 110 109% 110
Chi & W lnd cv 4s 52. 91% 91% 91%
Childs & Co 6s 43 ... 44% 44 44
Cin G & E 3 Vis 66 . 108% 108% 108%
CCC& StL gen 4s 93 66 65 65
CCC&StE rf 4%s 77- 51% 50% 61%
Clev El 111 3%s 65 ... 105* 105* 106*
Clev Un Ter 4 Vis 77— 68% 68% 68%
Clev Un Term 6s 73— 76% 75 75
Clev Un Ter 6 Vis 72.. 82 82 82
Colo* So 4Vis 80 ... 27% 27 27%
Col G&E 5s 62 Apr_106% 105% 105%
Col G * B 6s 62 May.. 106% 105 105%
Col G A E 6s 61 ... 105% 105 105
Colum RP&L 4s 65— 108% 108% 108%
Comw Ed 3 Vis 68 - 124 123% 123%
Coma Ed 8Vis 68 ... 110% 110% 110%
Cons Ed N T 8 Vis 46. 105% 106% 105%
Cons E NT db 3 Vis 48 106% 106% 106%
Cona Ed N T Mil 66. 105% 105% 106%
Consol OH 3 Via 61 ..106 105% 105%
Consum Pwr 3 Vi a 66. 107% 107% 107%
Consum Pwr3Vis69. 108% 108% 108%
Consum Pwr SVis 67. 109% 109% 109%
Conti OH ilia *8_106% 106% 106%
Crane Co 8 Via El_— 104% 104 104
High. LOW. ClOW.
Crown CftS 4%s 48._ 104 104 104
Crucible Stool 4H>(I 10414 10416 10416
Cuba Northn 616s 41. 26 25 25
Cuba RR 1st 6s 62_ 2716 2716 2716
Cuba RR 716s 46 A— 8114 3114 3114
Dayton P ft Lt 3s 70.. 10416 104% 10414
Del ft Hud ref 4s 43 . 5114 51 5116
Den ft ROW rf 6s 78.. 616 616 614
Det Edison 314s 66... 10914 10914 10914
Det Edison 4s 65 _11014 11014 11014
Det Edison 414s 61 10714 107% 10714
Det Term ft Tdl4s 61 94 94 94
Duluth SSftAt 6s 37 . 1914 1914 1914
Duauesne L<t 314s 65. 108 10714 10714
East R Minn 4s 48.__ 10516 10614 10514
Eleo Auto Lt 4s 62_ 107 107 107
Erie Ben 4s 96_ 26 26 26
Erie ref 6s 67_ 1214 12 12
Erie ref 6s 76_ 121. 12 12
Falrbks Morse 4s 56.. 10714 10714 10714
Firestone T 816s 48.. 104’6 10414 10416
Fla E C Ry 6s 74_ 614 6 3
Gen Am liv 5s 62 - 106 10416 10414
Gen Stl Cast 514s 49.. 7114 71% 71%
Goodrich 416 s 66 _ 103 102% 10214
Grt Nor Ry 3%s 67 j.. 78% 78% 78%
Grt Nor Ry 4s 46 G— 102V4 102% 10214
Grt Nor Ry 4s 46 H . 9544 95% 951.
Grt N R Bn 4%s 77 E. 87% 87 87%
Urt Nor Ry bs 73 _ 96% 96 96
Grt Nor Ry 6%s 62... 102 102 102
Gulf M & N 5%s 60._ 81% 81Vi 81%
Gulf States St 4%s61 102% 102V* 102%
Gulf St Util 3%s 69.. HO 110 110
Hudson Coal 6s 62 A. 30 29% 30
Hud & Man tnc 6s 67. 11% 11% 11%
Hud & Man ref 6a 67.. 44% 44% 44%
111 Cent 4s 52.__ 89 39 39
111 Cent 4s 63 ....... 42% 42% 42%
111 Cent 4%s 66- 41% 41% 41%
111 Cent ref 6s 65_ 64 54 64
ICC&StL NO 6s63 A 45% 45% 45%
Indust Rayon 4%s 48 105% 105% 105%
Inland Steel 3s 61 .. 104% 104V* 104%
Int R T 1st rf 6s 66... 80% 80% 80%
Int RT 6s 32_ 33 33 33
Int RR 7s 32_ .. 77% 77% 77%
Int Grt Nor 1st 6s 62. 9% 9% 9%
Int Hydro El 6s 44 .. 50% 50 50%
Int March Mar 6s 41.. 64 63% 64
Int Paper 1st 6s 47_102% 102% 102%
Int Paper ref 6s 65... 104 103% 1034
Int T&T 4 %s 62- 27% 27% 27%
Int T&T 6s 65 - 28% 28% . 28%
Jones & L Stl 4%s 61. 97 96% 96%
Kanaw & M 4s 90_ 85 85 85
KansC FtS&M 4s 36.. 32% 32% 32%
Kans City St rf 6s 50. 65 65 65
Kan City Term 4s 60. 107% 107% 107%
Keith’s 6s 46 .. 100% 100% 100%
Koppers Co 4s 61 ... 104% 104% 104%
Kresge Found 3s 50.. 102% 102 102%
Laclede Gas 6s 42 .. 80 80 80
Laclede Gas 6%s 63.. 46% 46 46%
Laclede G 5 %s 60 D_. 46% 46% 46%
Lautaro Nitrate 75... 30% 30% 30%
Leh New Eng 4s 65 80 80 80
Leh Val Coal 5s64std 30 30 30
L V RR con 4s 2003 ._ 13% 1314 13%
L V RR 4s 2003 msd . 12% 12% 12% !
L V RR cn 4%s 2003.. 14% 14% 14% 1
Leh Val Term 6s 41_ 47%' 46% 47%
Loew’s 3 %s 46 ... 103% 103% 103%
Long Isl ref 4s 49 st.. 92V* 91% 91%
Long lsld ref 4s 49... 92% 92% 92%
Long Isl unit 4s 49_ 92% 92% 92% !
Loulsv G&E 3 %s 66_108% 108% 108%
La & Ark 6s 69 ... 83 82% 82%
L& Nash 3%s 2003.. 84 83 83
L&N 1st 4s 2003_ 87% 87% 87%
L&N 4%s 2003 __ 95 94% 94%
L & N 6s 2003 B _ 102 101 102
L&N So Mon jt 4s 52. 78 78 78
McCrory Strs 6s 51... 103% 103% 103%
McKess & R 5 %s 50_. 95 93% 95
Me Central 4%s 60.. 48% 48 48%
Manatl Sugar 4s 57.. 34% 34% 34%
Metrop Ed 4%s 68... 110% 110%. 110%
Mich Cent 4 %s 70 ... 60 59% 60
Mich Cons Uas 4s 63. 103% 102% 102%
Mil Spa & NW 4s 47 .. 12 12 12
MStP&SSM cn 4s 38 .. 5 4% 41,
M Str&SSM cn 5s 38 . 4% 4% 4%
MStP&SSM 5s 38 gtd 5 5 5
Mo K & T 1st 4s 90_ 25'* 25% 25%
Mo K&T 4s 62 B_ 13V* 13', 13', |
Mo K&T 6s 62 A _ lfi% if; jp i
Mo K&T adj 5s 67_ 5 5 5 J
Mo Pac 4s 76 2 2 2 I
Mo Pac 5s 77 F_ 17% 174 474 :
Mo Pac 5s 78 O ... ]7% 174 1741
Mo Tac 5s 80 H ctfs__ 16% 16% 16%
Mo Pac 6s 811 _ 17% 17% 17%;
Mo Pac 6s 81 let- 17% 17% 17%
Mo Pac 5 %s 49 1 1 I
Mob & Ohio 4%s 77.. 33% 32% 32"*
Mob & Ohio 4 %s 77 ct 33% 32% 32%
Mob & Ohio 6s 38 .. 40% 39% 39%
Mob & Ohio 6s 38 ct.. 40 39% 39%
M & O Mont os 47_ 24% 24% 24%
Monong P S 4%s 60 . 110% 110% 110",
Monong Ry 1st 4s 60 105% 105'* 105'*
Mont Pwr 3%s 66 101% 101% 101%
Morris & Es 3 »*s 2000 41% 41% 41%
Morris & Es 4%s 65 .. 32"* 32% 32%
Morris & ES 5s 66 .... 37% 37% 37%
Mutual Fuel 5s 47_ 112% 112%. 112%
■Nat Dairy 3%s 51 106% 106% 106%
Nat Distill 3 %s 49.__ 104 103', 104
Nat Steel 3s 65 . 103% 103*. 103%
Natl Supply 3%s 64 103 102% 102% i
New Eng T A T 5s 52 124% 124% 124%
New Jer PAL 4 %s 60 106 106 106
New Orl Ter 1st 4s 53 64% 64% 64%
N Y Central 3%s 62 . 57 56% 56%
N Y Central 3%s 97.. 79 78% 79
N Y C 3%s 97 reg ... 74% 74% 74%
N Y Central 3%s 46 — 80 80 80
N Y Cent con 4s 98_ 58% 58% 58%
N Y Cent 4%s 2013 A 54 53% 53%
N Y Cent rf 6s 2013 59% 58% 58%
N Y Cen L Sh 3%s 98 60% 60 60%
NYC Mich C 3 %s 98 .. 56 55 55
N Y ChiAStL 3%s 47. 88 87 88
N Y ChiAStE 4%s 78 67 66% 56%
N Y CAStE 5%s 74 A. 66% 65 65%
N Y Chi A St L 6s 41.. 79% 79% 79%
NYConn5s53_ 106 106 106
N Y Edison 3%s 65 .. 109% 109 109
N Y Edis ref 3%s 66. 109 109 109
N Y G E HAP 6s 48 123% 123% 123%
N Y L A Wn 1st 4s 73. 49% 49'/, 49%
NY NH AH 4s 55 ... 14% 14% 14%
NY NH AH 4%s67._ 17% 17 17%
NY NH A H cl 6s 40.. 30 30 30
NY NH AH cv 6s 48.. 17% 17% 17%
N Y OAW ref 4s 92... 4% 4% 4%
N Y Queens 3 %s 65.. 109% 109% 109%
Nlag E A O 5s 55_ 109 109 109
Norf Southn 5s 41_ 73% 73 73
Norf Southn 5s 61 __ 14 14 14
Norf A W 1st 4s 98... 124% 123% 123%
North Am 3%s 49 _. 105% 105'-, 105%
Nor'n Pac gn 3s 2047. 42% 42% 42%
Nor'n Pac 4s 97 ... 68% 68% 68%
Nor’n Pac 4% 2047... 49 48% 49
Nor'n Pac 6s 2047 C— 54% 54% 54%
Nor’n Pac 6s 2047 .. 61% 60 60%
Ohio Edison 3%s 72. 109 108% 109
Otis Steel 4%s 62 ... 71 71 71
Oregon W RR 4s 61.. 106 106 106
Pac Gas A El 3%a 66 109 109 109
Pac TAT rf 3 %s 66 B 107% 107% 107%
Panhand E T 4s 52... 104% 104% 104%
Parmelee6s44_ 42 42 42
Penn Co 4s 83 _ 103% 103 103
Penn Dixie C 6s 41 A. 100% 100% 100%
Penn PAL 3%s 69 ... 108% 108 108
Penn PA E4%s 74 — 107% 107 107
Penn O A D 4%s 77.. 101% 101% 101%
PennRR3%s62_ 85% 85% 86%
Penn RR 8%s 70.— 90 89% 89%
Penn RR 4% 81 _ 98 97% 97%
PennRR4%s84E .. 98 98 98
Penn RR gn 4%s65.. 103% 102% 103%
Penn RRdeb 4%s70 88% 88% 88%
Penn RR gen 5s 68 .. 108% 108% 108%
Peoria A E 1st 4s 40.. 70 69 70
Pere Marq 4%s 80—. 60% 60% 60%
Pere Marq 6s 66 67% 67% 67%
Phelps Dodge 3%s 52 109% 109% 109%
Phila BAW 4%s 81 D 106 106 106
Phila Co 5s 67 ... 106 105*4 106
Phila Elec 8 %s 67 ... Ill 110% 110%
Phila RCA Ir 6s 73.. 13% *13% 13%
Phila RCA Ir 6s 49 — 3 3 3
Phillips Pstrol 3s 48.. 107 107 107
PCCAStE 4 %s 77 ... 99% 99% 99%
Pitts C Air 4%a62— 98% 98% 98%
PittsAWVa 4%s 68 A 62% 61% 62
PlttAW Va4%s60C- 62% 61 62
Port Gen El 4%s 60 . 71 70% 70%
PtRATb6s 42 unst ct 89% 89% 89%
PtRATb 6s 42 std ct— 89% 89% 89%
PtRATb 6s 42 std_ 89 89 89
Postal Tel AC 6s 63„ 22% 21% 21%
Potomac EP 3%s 66. 109% 109% 109%
Purity Baking 6s 48. 104% 104% 104%
Reading R 4%s 97 A. 70% 70% 70%
Rem R'd 4%s 66 if. 99% 99 99%
Rep Steel 4%s 66 ... 99% 99% 99%
Republic Stl 4%s 61. 99% 99% 99%
Republic Stl 6%s 54.. 106% 106V, 106%
RloGr W 1st 4s 39 . 24% 24% 24%
Saguenay Pw 4 %i 66 76 76 76
St E IMS RAG 4s 38.. 61 60 60
St E-San Fr 4s 60 A.. 10% 10% 10%
St L San Fr 4s 60 ct— 9% 9% 9%
St E-San Fr 4%s 71— 10% 10%, 10%
St E San Fr 5s 60 B— 11 11 11
St L S W 1st 4s 89 ... 60 60 60
St L South Wn 6s 52- 15% 15% 15%
St L S W raf 6s 90— 8% 9% 9%
San AAA Pass 4a 43 66% 66% 66%
Schulco 6%s 46 A_ 28 28 28
Seab'd A L ref 4s 69.. 2% 2% 2%
Seabd A E con 6s 46— 4% 4% 4%
Setbd A E 6s 46 ct_ 4% 4% 4%
Shell Un 0112%s 14— 96% 96% 96%
Silesian Am 7s 41_ 28% 28% 28%
Skslly Oil Is 60_ 100 100 100
Socony Vae la 16_ 105 104% 104%
High. iiOw. Close.
So Bell TAT 3%a 63- 109 109 109
Southn Kraft 4 %s 46. 102% 102% 102%
So Natl O 4%e 61-106% 105% 105%
So Pac Site 46_ 64% 64% 64%
So Pao col 4s 49- 41% 40% 40%
So Pac ref 4s 65_ 60 60 60
So Pac 4 %1 63- 42% 42 42%
So Pac 4%s 69- 42% 41% 41%
So Pao 4%a 81. 42 41% 41%
So Pac Orejc 4%a T7__ 48% 47% 47%
So Pac S F Tel 4s 60. 73% 78% 73%
So Ry 4s 66 - 57 66% 66%
So Ry gen 6s'66_ 71 71 71
So Ry 6%s 56 - 76% 76 76%
S W Bell Tel 3s 61... 166% 106% 106%
Stand Oil N J 2%s 63 104% 104% 104%
Stand Oil N J 3s 61 .. 104% 104% 104%
Studebaker cv 6n 46.. 95 96 95
Swift 4CoS\s60 _. 105% 106% 105%
Ter RR As StL 48 63. 110 110 110
Tex Corp 3s 69 ... 105 106 105
Tex A Pao 6s 77 B_ 67 66% 66%
Tex A Pac 6s 79 C_ 66% 66% 66%
Third Ave 4s 80 - 67% 66% 56%
Third Aveadj 6s 60 . 20% 19% 19%
Tide Wat 0113 %s 62. 106% 106% 106%
Union on (Cal) Ss 59. 103 102% 103
Un Pacific 1st 4s 47_114% 114 114%
United Drug 6s 58_ 83% 83% 83%
Utah EAT Ss 44- 100% 100% 100%
Utah Pwr A L 6s 44.. 101% 101% 101%
Va Ry 1st 3 % 66_ 108 108 108
Wabash 1st 5s 39__ 42 41% 41%
Wabash 5%s 76 __ 6 6 6
Wabash Det 5s 41_ '44 44 44
Warren Bros 6s 41 .. 31 31 31
Wash Term 3 %s 45 .. 107 107 107
Westch L gn 3 %s 67. 108% 108% 108%
West Sh 1st 4s 2361 _ 49% 49% 49%
W Sh 1st 4s 2361 reg. 47% 46 47%
West Va P A P 3s 54. 100% 100% 100%
West Md 1st 4s 52_ 84% 841, 84%
West Md 6%s 77 89 89 89
West N YAP gn 4s 43 108% 103% 108%
West Pac 6s 46 A as.. 12% 12% 12%
West Union 6s 51_ 67 67 67
West Union Ss 60 ._ 66 66 66
Wheel Steel 4%s 66 . 101% 101% 101%
Wls Cent 1st gn 4s 49 22 21% 22
W C 1st gen 4s 49ctfs 20% 20% 20%
Wls El Pw 3%s 68... 108% 108% 108%
Wis Pub Svc 4S-61... 110 110 110
Youngst'n SAT 4s 48. 104% 104 104
Youngst’n SAT 4s 61. 106% 105% 105%
Figures—
What They Mean
By JOHN L. BECKLEY,
Associated Press Statistician,
NEW YORK, July 17.—Fear that
coining excess profits levies will
weigh most heavily on industrial
companies is evidenced, analysts say,
by the behavior of the stock market.
Railroad and public utility stocks
have been making a better showing
lately than shares of the country's
big industrial enterprises. Volume
of trading has been too small to
provide a very conclusive argument,
but the stock market averages i
clearly reveal this tendency.
Since the market hit at least a
temporary bottom on June 10, the
Associated Press average of 15 rail
road stocks has come back from 13.0
to 15.4, a gain of 18.5 per cent.
Utility Average Up.
The average of 15 public utility
shares has advanced from 30.9 to
35.4. a rise of 11,5 per cent.
The average of 30 industrial stocks
has risen from 52.3 to 57.3, a gain
of only 9.6 per cent.
The smaller recovery in industrial
shares, analysts say. can hardly be
explained on the basis of a poorer
outlook—if the excess profits tax is
left out of consideration. They
admit that public utilities are con
tinuing to show a strong growth
trend and the railroads are looking
forward to the best earnings in re
cent years. But, they point out. tne
prospects for factory operations and
manufacturing profits under the de
fense program are equally good or
better.
Fear that the excess profits levy
will hit industrial companies harder
than rails or utilities is based on the
nature of their net earnings. Profits
of manufacturing companies—espe
cially those in the heavy, capital
goods line—fluctuate more widely
than those of public utilities. Also
the rate of return which most in
dustrials earn on their investment is
much better than that of the rail
roads.
Already Limited.
The rate of return which utilities :
are allowed to earn on their invested
capital has already been limited by
regulatory bodies to relatively
modest percentages generally well
below those which are expected to
be set as a limit for normal profits
under the excess profits tax.
In the case of the railroads, the
return which has been earned on
their investment in recent years has
been so low that profits could in- I
crease greatly before they would b°
“excessive'’ on this basis.
Chicago Stock Market
CHICAGO, July 17 (,TY—Following Is
the complee list of transactions on the
Chicago Stock Exchange today:
.5TOCIS?, High Low. Close.
.->0 Adams Oil & Oas 4% 4% 4%
Ion Advance Alum 2% •;% ■>% !
20 Allts-Ch Mfg ... .30% .711% 30%
]■)< Am Tel * Tel... l«o% itio% ioo%
loo Armour At Co ... 4 <« 4% 4%
loO Assoc Invest ... 31% 30 30
»v!aUo.n J=orp— 4% 4% 4%
100 Avia & Trans _ 2% 2% 2%
50 Bastlan-Bless_ 15 15 15
12,»5?ntlAx_Ai —- 28% 28% 28%
in!! §*r“h,0,? Brew-~ 8 0 0
i?! inr^'Warner 16 18 16
:J50 Burd Piston Bing 2% 2V« 2V*
350 Butler Bros 5 5 5
20 Butler Bros of 20% 20% 20%
111 ph 8v of 80% 80 80%
3150 chi Corn % % %
iiS^rslp=r CorD--- ««% 65% 05%
loO Cities Serv _ rt
1000 Comwlth Edts 31 .70% ;kj%
100 Compressed Ind G 13% 13% 1.3%
2 Cons Oil ... o% 6% «%
IJ'Opnt Steel nf-101 >2 101 % 101
50 Deere Ar Co_ 15% J5% 15%
SOEversharp .HZ 2 2 2
150 Gen Finance _ 2 1% °
18- 9e.? Motors _ 44 43% 4.7%
JpGiilette 8af R 4% 4% 4%
i! Goodyear T & R 14% 14% 147I
50 Gossard IH W! 9% p% n%
46» Ot Lakes Dredge 20 20 20
50 Harnlschfeger . 5% 6% 5%
o'lnupp Mot _ I I %
35 Int, Harvester __ 4.7% 4.7% 4.7a,
60 Jarvis IW B) 11 11 11 "
,J6Ky ut Jr cum pf 44 44 44
100 Kingsbury Brew % % %
450 Llb-McN & L ._ £)’, e%
2o0 Lynch Corn_,20% 20% °0'5
100 Marsh Field ZZZ 11 11 11 a.
_ '00 Mid West Corn. . 0% 0%
12Q0 Midland Unit Df 5% 5 5%
oOMmn Brew _ __ 8% 8% 8%
24/ Montg Ward ... 40% 39% .39%
760 Nor Am Car . 5% 5% 5%
50 Nor west Bancorp 8% 8% 8%
-go Penn R R . .. 28 20 20
466 Pressed StI Car_. 10 10 10
, AS 9uakeL Oats _ — 102 % 102 % 102 %
1 <2 Sears-Roeb _ 73% 72% 73
,30 Stgnode 8tl pf ._ 27% 27% 27%
100 80 Bend L Wks._ 27 27 27
250 Std Dredge _ 1% 1% 1%
?6 Std Oil Ind ... 25% 25% 25%
50 Stewart-Warn 6 6 0
200 Sundstrd M Tool 25 24% 25
200 Swift & Co ... 10% 19% 19%
1,°i1Swln Int - 17% 17% 17%
13 Texas Corp _ 39% 39% .79%
250 Union Carbide . 09% 08% HP%
50 Unit Air Lines . 17 17 17
‘O U 8 Gypsum __ 59% 58% 59%
200 U 8 Steel ... 62% 51% 61%
inn'S, S f.W Pf -117% 11*% 117%
loo Utah Radio _ 1% 1% 1%
100 Walgreen ... lfi% 19% 19%
30 West Un Tel _ 18% 18 18
50 Zenith Radio . 11% 11% 11%
Stock sales today, 17,000 shares.
Baltimore Stocks
Special Dispatch to The Star.
BALTIMORE. July 17.—
Sales. STOCK8. High. Low. Close.
8 Consol Pow.com. 76% 7H% 70%
100 Mar Tex Oil Co . .45 .45 .45
4000 Mar Tex Oil "A'’. .45 .40 .45
02 New Amster Cas 15% 15% 15%
10 Pa Wat A Power. 62 62 62
170 U S Fid & Guar 18% 18% 18%
BONDS.
$13000 Bal Tr deb 4s A 3.7 32% 32%
500 Bal Trans 6s A 36% 36% 36%
Regular air service between Tokio
and Bangkok has Just been Inaug
urated.
Electric Power Output
Snaps Back From
July 4th Lull
Week Ended July 13
Also 6.8 Per Cent
Over Last Year
By the Associated Pre ,...
NEW YORK. July 17.—Electric
power output snapped back from
the Fourth of July lull with more
than expected vigor, it was disclosed
by the weekly report of the Edison
Electric Institute.
Output for the week ended July 13
Jumped to 2,483,342,000 kilowatt
hours, the institute said, or 9.6 per
cent more than 2,264,953,000 in the
preceding week and 6.8 per cent
ahead of 2,324,181,000 in the com
parable 1939 week.
The Associated Pre*s power index
advanced to 128 from last week’s
revised figure of 126. A year ago
the index, based on 1929-30 as 100
and adjusted for seasonal and long
term trend stood at 122.8.
1940 1939 1938 1937 1934
36
High 130.5 129.5 117.2 125.2 119 8
Low 121.4 112.3 102.8 111.8 91.9
Percentage gains from a year ago
were reported as follows by the
instiute:
New England, 3.1; Middle Atlantic,
5.2; Central industrial, 12.1; West
Central, .6 of 1; Southern States,
2.6; Rocky Mountain, 21.6; Pacific
Coast, 5.3.
Oil Price Break Brings !
Regulation Plea
By the Associated Press.
AUSTIN, Tex., July 17.—After a
price break in North and Central
Texas crude, two members of the
Railroad Commission declared to
day Texas would be willing to take
the lead in curtailed oil produc
tion "in order to keep the industry
properly regulated."
Chairman Lon A. Smith and mem
ber Jerry Sadler asked Gov. Leon
C. Phillips of Oklahoma to call a
meeting of the Interstate Oil Com
pact Commission to consider the
need for further reduction.
Mr. Smith said he was at a loss
to understand a 4-cent reduction
posted by Sinclair-Prairie Purchas
ing Co. for North and Central Texas
crude yesterday. It was pointed out
that at least one field in which the
company takes oil recently was giv
en an increased allowable on petition
of the company.
Smith declared he had not men
tioned additional Statewide shut
downs, indicating the regularatory
body might consider curtailment j
only in certain fields. Texas has I
seven Statewide shutdown days eacn
in July and August.
75-cent Price Set.
By the Associated Press.
TULSA. Okla., July 17—Sin
clair Prairie Oil Marketing Co. has
announced _it is paying a flat 75
cents a barrel for crude oil pur
chased in Mexia and North and Cen
tral Texas.
The company formerly paid 79
cents a barrel for crude of below
29 gravity, with a 2-cent differen
tial upward to $1.03 for 40 gravity
and above.
Budd Sees Easy Cut
In 'Bad Order' Cars
By the Associated Press.
A prediction that there would be
"little difficulty'’ in reducing the
proportion of “bad order” freight
cars to 6 per cent by October 1
was made today by Ralph Budd.
defense commissioner in charge of
transportation.
The prediction»was contained in
a communication from Mr. Budd i
to President J. J. Pelley of the
Association of American Railroads.
Mr. Budd. who has urged that rail
roads reduce to a minimum the
number of freight cars needing re
pairs as one means of augmenting
defense facilities, said the contin
ued rising trend of car loadings, ac
centuated “the need for full per
formance by all lines'’ of repair
work.
Lead Sold at $4.85
NEW YORK, July 17 (/P)._st.
Joseph Lead Co. reported 350 tons of
Southeast Missouri pig lead sold yes
terday at *4.85 per 100 pounds East
St. Louis, 150 tons at $5.05 New York,
and 150 tons at the New York av
erage.
Commodity Prices
Pr!lfW„.Jf9a,S' 17-—The Associated
Press weighted wholesale price index of
■15 commodities today declined to 70 39
(new 1040 low).
week »«>. 71.431
month ago. 71.7o; year ago. (14(19
... , 1040. 1939 1938. 1933-37.
High. - 75.29 75.22 74.37 98.14 ‘
Low - 70.39 83.78 63.86 41 44
(1926 average equals 100.)
Other commodities data compiled by
the Associated Press;
.. COCOA—Futures closed 16 lower. Sales,
4.56!!; SS’rih. “StS"*’"1 D*C'mber
CRUDE RUBBER—Futures closed 14
lower to 00 higher. Sales No. 1 standard.
4, contracts. July 21.90-22.00; Septem
rHJbed^jpot.’ 2L75n.nber’ i8'75’ Smoked
A7C9f™§:—®Potv Santos No. 4.
«8“- /b; ■ 7* oV5». Cost and freight
offerings included Samos Bourbon Ms and
os at 6.40-7.MO. Santos No. 4 ‘‘D-’ fu
tures closed S lower. Sales. 1,500 bags.
2UJ2- 6 ^>,5:M8epiep?f«r, December.
5. s«n Rio No. / 'A futures, unchanged.
No sales. .
LEAD—Futures closed 2-3 low'cr. Sales.
540.000 pounds March. 4.68b. Straits
tin futures closed 37% lower to 10 higher
Sales, 22.400 pounds. July 60.12 Hb. No
sales in sin" futures.
SUGAR—Futures No. 3 closed unchanged
1° 3,'?S£r' ,aBles- 12.700 tons. Septem
ber- 1.72b; January, l.80b: March, 1.83b.
No. 4 futures %-l lower. Sales, 2.1(M)
tons. September. 0.94b; December. 0.98b;
March. 1.01b.
TOPS—Futures today absorbed
liquidation by snot and commission in
terests. Final prices were 1 to 6 points
lower. July. 89.5b: October. 87.8b; De
cember. 85.8. Spot, standard tops, 97 o,
unchanged. *
RAW HIDES—Futures closed 18-24
lower. Saies, 4.560.000 pounds. Septem
ber. 9.42: December. 9.58-60: March,
9.,8n. Spot. No. 1 Western light native
cows. 10%n.
RAW SILK—Futures No. 1 closed 2-4
higher Sa’e" 20 bales. August. 2.50;
September, 2.4*. .jiiaaii
New York Sugar
NEW YORK. July 17 OP).—Renewed
September liquidation depressed world su
gar futures to new lows for 1040 today.
Midafternoon prices were oh to 2
points; March. 1.01; May. 1.02
Domestic futures were irregular. Re
placement buying offset liquidation and
prices ruled 1 point lower to 1 higher;
September. 1.73: January. 1st.
Philippine raws in spot position sold at
2.65 cents. 3 points below the spot sale
late yesterday, Cubas, however, hela at
2.70 cents.
Refined remained 4.50 cents a pound.
Dry Goods Market
NEW YORK. July 17 (Ah.—Dry foods:
Woolen goods—buying of lightweight sum
mer apparel and tropical goods stimulated
by warmer weather. Cotton goods held
firm in small dealings. Rayon gooda: Pres
sure continues in apot pigment tafietai
with demand said to be satisfactory in
spun blends of lower price types. Silk
fabric trade slow, concern felt oxer new
outlets reported for nylon in women'* un
derwear and men’s hose.
NEW YORK CURB MARKET
or orlrmu tin direct te The Star.
Stock- and Sales—
Dividend Rata Add 00. Hlfh. tow. Close.
Aero Sup(B) .25* S 5% 6% 5%
Ainsworth .2Ext 1 5% 5% 5%
Alum Co Am (2«) 160a 158 156% 156%
Am Cynam B SO. 4 83% 33 33
Am Export .50* .. 8 10% 10% 10%
Am GAE1 pf 4.75. 25s 111 111 111
Am General .13 3 3
Am Gen pf(2.50). 60s 27 27 27
Am Gen pf (2)_ 25a 25 25 25
Am Maracaibo . 2 4* 4 4
Am Meter(2.26e). I 29% 429% 29%
Am Superpower.. 7 %, 4 4
Ark Nat Gas ___ 12 2 2
Ark Nat Gas(A). 3 2 2 2
Ark Nat G pf.iMk. 3 7% 7% 7%
Aro Equlp't Corp. 1 11% 11% 11%
Ashland OAK .40. 3 4% 4% 4%
Atl Coast Flah ..12 2 2
Atl Coast L (Ik). 60s 13% 13% 13%
Avory & Sons_ 14 4 4
Aviation A Tran* 6 2% 2% 2%
Babcock A W.60s 7 24% 24 24
Baldwin Lo war.. 6 6% 6 6
Bath Iron (.25e)_ 8 14 13% 13%
Beech Aircraft .. 1 4% 4% 4%
Ball Tal Can <*).. 40a 97 96 96
Bell T Pa pf * 50. 26a 117% 117% 117%
Birdsboro Fdry.. 1 6% 6% 6%
Bliss lEfll 3 14% 14 14
Blumenthal (S).. 1 5% 5% 5%
Bourjois (lx) -. 2 5 5 5
Brazilian TrLAP 2 3 3 3
Breeze Corp 60k. 2 5% 5% 5%
Brewster Aero_ 5 9% 9% 9%
Brill pf ... 60r 25% 25% 25%
Brown For Diet.. 3 1% 1% ]%
B NAEP 1st (5).. 60s 99% 99% 99%
Cable Elec Prod.. 1 % % %
Cal I He Tungsten 3 1% 1% 1%
Can Col Airways 6 6% 6 6
Can Mar W 04e . 5 % % %
Caro P&L pf (8). 60s 103 103 103
Caro PAL pf (7). 10s 107 107 107
Carrier Corp .. 5 8 7% 8
Celan pto pf (7a) 25s 122% 122% 122%
Celluloid pf_ 25s 23 23 23
Cent NT Pw of 5. 40s 100% 100 100
Cent States Elec. 11 4 4 ft
Cent St E 6% pf £5s 1% 1% 1%
Chamberlain .ZOe 1 2% 2% 2%
Chi Flez S (Ea)._ 80s 66 66 66
Childs pf _ 60s 13% 13% 13%
Cities Service_ 10 6 5% 6
Cltlea Service pf g 75 73% 73%
Cities Sve P& Lt
(7) pf 17.50k.. 10s 95% 95% 95%
Clev Tractor . 4 4% 4% 4%
Col Fuel & l war. 5 4% 4 4
Colts Pat F A (2) 60s 73 73 73
Columb OH & Gas 2 1% 1% 1%
Comwlth & S war 10 % % %
Comun P S 1 80a. 60s 25% 25% 25%
Conn Tel & Elec 1 % % %
Cons G&E Bos 60 1 77 77 77
Cons Steel Corp 3 5 4% 4%
Cooper Bess 1 7% 7% 7%
Coop-B prpf2.25k 2 25% 25% 25%
Corr’n&Kpf 4.50k 10s 62 62 62
Cosden Petrolm 3 1% 1*. 1*4
Crocker-Wheeler 2 3*4 3% 3*4
Crn Ck Int A .65k 4 3% 3% 3%
Decca Rec 60 1- 5*4 5% 5*4
Dejay Stores ,30e 1 3% 3% 3*«
Dornln St) & Coal 1 4% 4% 4%
Duke Power 1.50e 25s 71 .71 71
Eastn G&F 6 Df 150s 20 20 20
E G&F nrpf 2.25k 100s 48 47 48
Easy W M(B) .50 3 3% 3 3%
Economy GS (1). 200s 12% 12 12
Elec Bond & Sh 50 6% 6 6%
Elec B & S pf (5) 3 62% 62 62
Elec B & S pf (6) 7 71 70% 71
Emp G&F 6% pf 90s 82 80 80
Emp G&F 7% pf . 200s 83% 82% 82%
Emp G&F 8 pf. 50s 84% 84% 84%
Emsco Derrick . 2 9 9 9
Equity cv pf < 3) lOOs 20% 20% 20%
Fairchild Av ,25e 2 9% 9% 9%
Fairchild hi & A 32 4% 4% 4%
Fanny Farm 1.60 150s 19% 19% 19%
Fire As Phila 2a 80s 61 60*4 60*.
Fla P&L pf 6.13k 200s 10$% 109 109% 1
Ford Ltd t 16g)_. 1 1*. 1*. 1%
Fuller (G A)_ 25s 11 14 14
Fuller pf (4) ... 50s 33 33 33
Fuller cvpf (3).. 25s 18 18 18
Gen T&R pf A < 6) 30s 99 99 99
Ga Power pfifi) 25s 96 96 96
Glen Aid C 375e 22 7*4 7% 7*4
Gorham Incpf 250s 11% 11% 11%
Gulf Oil of Pa(l) 4 30 29% 30
Hall Lamp ( 80ej 1 7*4 7*. 7*4
Hammerrnill ,50e 100s 22% 22% 22%
Hartford Kay on. 1 *4 *4 I*
Hecla Min ,20e ..2 5 5 5
Heller (WE) 40a 5 8V4 8*4 8V4
Hoe( R)& Co A .. 3 9% 8*4 9%
Holllnger G 65a. 9 6*. 6*. 6*4
Hormel&Co (2). 50* 34 34 34
Humble Oil ,75e. 4 53% 53 63%
Hum’l Ross .30e. 1 5*. 5*4 6%
llllnols-ia Power 1 3% 3% 3%
lll-la Pwr dlv ct. 2 6% 6*4 6%
Imp OH Ltd .60s. 4 6% 6% 6%
Imp Tob Can 40a 1 7*. 7% 7%
Imp Tob GB 613e 1 7% 7% 7%
Ind apP&Lpf 6 60 80s 110% 110 110%
Ins Co N Am 2i 400s 63*4 62*. 62*.
Int Hydro El pf 1 8% 8% 8%
Int Indust (.log) 3 1 1 1
Int Pe&Pwr war. 6 2*4 2% 2%
Int Petrolm 1.50 15 9% 9% 9*.
Int Petm reg 1.50 1 9*. 9% 9*.
Int Vitamin (.SO) 3 4 4 4
Interst Home.60a 13 9% 9 9%
Interst P Del pf 25s 4% 4% 4%
Irving Air Ch (1) 2 13 13 13
Ital Superpwr A. 2 % % %
JerCP&Lpf (6). 100s 100 100 100
Jones & Leu Stl 2 23% 23% 23%
Kreuger Brew .50 3 5% 5% 5%
Lake Sh M (le).. 3 11% 11% 11%
Lakey Fdry & M. 5 3 3 3
Lehigh Coal .. 1 2% 2% 2%
Line Mater 15e. 200s 8*4 8** 8%
Lone Star .40e ... 2 9% 9% 9%
Long Island Ltg. 11 1 1
Long Isl Lt pf B. 75s 30 30 30
Lynch Corp (2).. 360s 20% 20% 20%
UoWlll msDredg 1 5% 5% 5%
Majestic Radio 17 ik ik
Marlon St Shovel 1 2*4 2*,« 2%
Master Elec 1.20e 100s 30 30 30
Mead John (3a » 10s 139 139 139
M & M pt pf (2a) 25s 26% 26% 26%
Merr-Chap & S .. 2 4% 4% 4%
Mesabt Iron _ 1 % *» *4
Mich Bumber .. 1 % % %(
Mich Steel T .30e 100s 5 5 5
Mid St Pet A .63e 2 3 3 3
Midvale Stl 2.50e 60s 109% 109% 109%
Midwest OH 30 1 6% 6*4 6%
Minn M & S 1.20e 500s 59% 58% 59
Miss R Pw pf (6) 20s 112% 112% 112%
Molybdenum .50e 5 6% 6)4 6%
Monarch M l.BOe 1 39% 39% 39%
Mon LH&P 1.60.. 100s 18 17% 18
Mount City C_ 3 2% 2*4 2%
Mount Prod 1.60) 1 5 6 5
Nat Bells Hess.. 12 % * 4
Nat Brew (2)_ 50s 16% 16% 16V.
Nat Fuel Gas d) 1 11 11 11
Nat Oil Prod .60e. 1 33% 33% 33%
NatP&LDf'6). 25s 90 90 90
Nat Sugar Refln. 2 8% 8% 8%
Nat Tea pf - 100s 8 8 8
Nat Tunnel&Mln 3 1% 1% 1%
Nat Union Radio 6 1 1 1
N Eng T&T 3.25e 40s 117 116% 117
New idea 1.60) . 1 13 13 13
N J Zinc 1.50e ... 60s 57% 57% 57%
New Mex & Arlx 1111
NY&Hondur 1.50t 100s 16% 16% 16%
NY Auction 3 2% 2% 2%
NY P & L<t pf (6) 10s 104% 104% 104%
NY P&i. pf (7) . 80s 116 115 116
Nlait Hudson Pw 5 4% 4% 4%
Noma Eleotrlo — 1 3% 3% 3%
Nor Am L.t & Pwr 1 % % %
North'n Sta P (A) 4 11 10% 11
Norwst Eng .75e_ 100s 16% 16% 16%
Ogden Corp a’tlon 6 2% 2% 2%
Ohio Pwr pf«6) 10s 115% 115% 115%
Okla Nat Gas.BOe 2 17% 17% 17%
Okla NatG pf<*> 100s 46% 46 46
Okla NO cvpf 6.10 25s 113 113 113
Pao Gas & Elec
6%% pf 1.375 __ 1 29% 29% 29%
Pao Gas6%pf1.60 7 33% 33 33%
PantepeoOll__ 5 3 3 3
Pennroad_- 22 2 1% 2
Pa-Cent Airlines 2 17% 16% 16%
Penn P&E pf (7) 25s 111% 111% 111%
Penn W & P (4). 150s 60% 60 60
Phoenix Secur 6 8% 8% 8%
Phoenix Secur pf 100s 31% 31% 31%
Pitts 6LE (2e). 90s 57 56 67
Pitts Plats G(2e) 2 78% 77% 77%
Plessant VW .05# .2 2 2 2
Premier Gold .12 1 ft ft ft
Pb Svo Ind 36 pf 200s 48% 47% 47%
PSInrt37prpf 60s 95% 94% 94%
PugSd $5pf 2.50k 75s 76 76 76
Puget Sd P 36 of 100s 22 21% 21%
Pug Sd Pulpl.25e 1 18 18 18
Quaker Oats (6). 10s 102% 102% 102%
Radlo-K-Or ws._ 1 % % %
Republic Aviat’n 2 4% 4% 4%
Rio Gr G vtc- 12 % % %
Pooh G&E pf D 6 60s 105% 105% 105%
Rustless I&8 .30s 1 10% 10% 10%
Rust l&S pf 2.60- 50s 42% 42% 42%
Ryan Consol- 2 1% 1% 1%
Rysrson H- 1 % % %
Bt Regis Paper_ 6 2% 2% 2%
Balt Dome Oil- 4 4% 4% 4%
Stock and Sales—
Dividend Rate. Add 00 Hith. Low. Close.
Seovlll Mfg .60*. 4 27 26% 2614
Soullln Steel. 3 8V4 8% 8%
Scullln Steel war. 3 111
Segal Lock ... 10 ft % %
Selherling Rub.. 1 414 414 4y*
Selby Shoe .60e.. 100s 9 9 9
Shattuck-D(.lOe) 1 3H 374 374
Sher-Will 1.50e . 100s 73% 73% 73(4
Sher-Wlll pf (6). 10s 110 110 110
Silex Co (1.20a).. 300s 13 1014 1014
Simmons H & P_. 1 4% 474 47,4
Singer Mfg 16).. 40s 10514 105 105
South nUn Gas. 1 3% 3Vi 3V*
Stand C& S 60s. 1, 714 714 774
Stand Drcdg 10e. 1 1%, 144 1*,
Stand Oil O (1>__ 1 3OI4 30% 30%
Sterchl Bros- 1 214 214 214
Siroock & Co_ 100* 9 9 9
Sunray OH 05# _ 7 114 1% 114
Technicolor BOe. 5 10 9% 9%
Tol Ed pf (6) .. 10s 106 106 106
Toledo Ed pf (7). 10s 114'4 11414 114'4
Trl Conti war .. 1 % %
Tubfza Chatlllon 16 6 6
Tubize Chat A.2e 60s 31 31 31
Udylite (,20e)... 2 4% 414 4'4
Unit Alrc’t P 10* 6 1114 1114 11 >4
United Corp war. 2 % %, %,
United Gaa 7 1% 1% 1%
Unit Gas pf 4.50k 1110 110 110
Unit Lt&Pwr (A) 3 7/i 14 74
Unit Lt&Pwr pf 3 27 2614 26',
Unit Milk pf 1.25i 10s 7414 74<4 74V*
Unit Sh M 2.50a.. 175s 64% 63'* 64%
Unit Specialties... 1 6V* 6V* 6%
US Lines pf-' 1 2% 2% 2%
U S Radiator__ 1 114 114 11,
Unit Stores_ 3 6, A A
Unit Wan Paper. 5 1% 1% 1%
UnivCorpvtc._ 4 3% 3% 3%
Unlv Pictures .. 2 6% 6% 6%
Ut P& L pf 3.50k 75s 67 66% 66%
Util Equity pf lk 60s 42% 42% 42%
Walker Mining 3 ft ft ft
Western Air Exp ‘1 4% 47, 4.7,
Wichita Rlv Oil.. 16 6 6
Will ms (RC) . 1 4V* 4V* 4%
Wolverine T ,25a 15 5 5
Wright Harg.4ua 16 3% 3% 3%
r In bankruptcy or receivership or being
reorganized under the Bankruptcy Act. or
securities assumed by such companies
Rates 01 dividends In the foregoing table
are annual disbursements based on the
last Quarterly or semi-annual declara
tion Unless otherwise noted, special or
extra dividends are not included, a Also
extra or extras d Accumulated dividends
paid last year e Dec:ared or paid so
iar this vear f Payable in stock e Paid
1 *ta*y5.arJ h Casl1 or stock k Accumu
lated dividends paid or declared this year
Jir. Under rule ww With warrants xw
Without warrants war Warrants.
24 Streamlined
Railroad Cars
Ordered for East
Ey the Associated Press.
PHILADELPHIA. July 17.—Orders !
for 24 new lightweight streamlined j
railroad passenger cars were an
nounced today by the Edward G.
Budd Manufacturing Co.
The orders will substantially in
crease the modern sleeper-coach
service available to travelers in the
Eastern section of the country, Budd
officials said, but added they were
not at liberty to announce the pur
chasers.
Chicago Grain
By FRANKLIN MULLIN'.
CHICAGO. July 17 (TP).—drop of
more than a cent in wheat prices1
today wiped out much of the ad
vance scored yesterday, and regis
tered the market’s reaction as a
result of mild profit taking, hedging
and selling based on overnight rains,
with promise or more in the spring
wheat belt.
Government experts reported stem
rust is expected to cause consider
able damage in East-Central Kan
sas, but that damage in the soft
wheat belt has been less than ex
pected. Thatcher wheat in the
spring belt has only a trace, but
moderately heavy infection has de
veloped in the few fields of suscept
ible varieties in territory examined.
closed *4-118 lower than yes
tcrlej. July. ,3’*: September :4J«-%
corn. ■’« lower to % higher: July. H2%-%.
September. 58%-%: oats. % off to % up.
Cash Grain.
Cash wheat, No. 1. hard. 76%
77%: No 3 mixed. 74. light smut.
Corn, No. 1, yellow, 63% -66; No. 2
661 *.
Oats. No. 1, mixed, heavy, new,
32*4: No. 1, mixed. 31; No. 2. 31%;
No. 1, heavy, red, new. 32%-%; No
2. white, 34-34%; No. 3, white,
32 %-3314.
Barley, malting, 48-52, nominal;
feed. 35-43. nominal.
Soybeans, No. 3, yellow, 82.
Futures Table.
WHEAT— Open. Hiah Low Close.
July -.74% .74% .73% .731,
Sep - .75% .75% .74% 743,-%
Dec. .7H5, .76% .75s, .75%-%
CORN—
July _.62 .62% .613, 82%-%
Sep. -.58% .58’, 58,, .58%-%
Dec . -.54 545, .533, .5334
OATS—
July _ .303, ,3ji„ 50s, 3,1,
Sep.. .28% .28% .28% .28%
Dec . .29% .29% .29 .29%
SOY BEANS—
Julv .82% .83 82*4 S3
Oct. ._ .74% .74% .74 74
Dec _ _ _ _ .74
RYE—
Julv . .433, 433; ,42!a .423,
Sen - .45% .45’, 44 .44%
Dec. . .48 .48 .48’, .46’,
LARD—
July_.. 5 70
Sep. - 5 85 5 85 5.80 5 80
Oct - 5 90 5.92 5.Sr 5 87
Dec. - 6.07 6.07 6.02 6 02
Jan. . ... ... ... 6.18
BELLIES—
July -- - - 6.40
Sen. - _ _ 687
New York Cotton
By the Associated Press.
NEW YORK, July 17.—Final liq
uidation of July contracts today
highlighted an otherwise quiet trade
in cotton futures.
Old and new July deliveries ex
pired at noon, with gains of 16 and
27 points, respectively.
New crop deliveries were more or
less ignored, despite an unfavorable
weekly weather report. Prices eased
under hedge selling and local realiz
ing and in iate dealings were 1-4
points lower; October, 9.47; De
cember, 9.36.
Futures closed 27 higher to 9 lower.
Old contract:
.. , Open. High. Low. Close.
•July 9.57 0.75 9.3tj 9.74-75
New contract:
•July - 10.22 10.22 10.18 10.18
October 8.48 9.51 9.43 9.43
December . 9.37 9.39 9.32 9.32
January_ 0 o^n
March - 9.1fl 9.18 9.08 9.08
May - 8.98 9.00 8.91 8.91
Middling «spot Mi inch). 10.63n.
n Nominal. • Expired at noon today.
New Orleana Cotton.
NEW ORLEANS. July 17 uPl.—Cotton
futures declined today under long liquida
tion and easiness In securities. Closing
Prices were steady, 7 points net lower to
22 higher.
. , Open. High. Low. Close.
•July - 9.55 9.80 9.50 9.80
October - 9.62 9.54 9.48 9.48
December _^ 9.40 9.40 9.33 9.33
January _9.31b 9.26b
March _9.2o 9.20 9.10 n.llb
May - 9.02 9.02 8.90 8.94b
July < 1941) ... 8.80 8.80 8.80 8.74b
•Expired at noon, b Bid.
NEW ORLEANS. July 17 OP).—Cotton
seed oil closed steady: bleachable prime
summer yellow. 6.05n: prime crude,
6.12%b: July. 6.54b: September. 5.59b;
October, 5.00b; December, 0.26b; January,
5.04b. b Bid n Nominal.
NEW ORLEANS—July 17 OP).—Spot cot
ton closed aulet. unchanged; sales, none;
low middling. O.OOn; middling. lOOOn
good middling. ll.OSn: receipts, 563; stock,
669.136. n Nominal.
Federal Land Banks
NEW YORK. July 17 UP).—Federal Land
Bank bonds:
Rate. Maturity. Bid Asked
4 July. 1946-44 . 111% 111%
3V« May, 1965-45 _106% 107*1
3 July. 1855-45 - 106}! 108%
3 Jan.. 1956-46 _105% 106%
3 May. 1856-46 _; 106% 108%
Libbey-Owens-Ford
Glass Co. Half-Year
Nef Is $5,176,748
Biggers Says Firm
To Make Specialties
In Defense Program
By the Associated i- ~
TOLEDO, Ohio. July 17.—Libbey
Owens-Ford Glass Co. netted $5.
176,748 or $2.06 per share in 1940's
first six months, directors were in
formed yesterday. This compared
with $2,654,813 or $1.01 per share
for the same 1939 period.
Directors declared a dividend of
50 cents a share, payable September
16, to shareholders of record August
30.
Total manufacturing profit and
other income amounted to $8,443 -
624 against $5,052,955 in six months
last year.
“The eventual effect on our busi
ness of the world situation is not
yet clear,’' President John D. Big
gers said. “However, we are fully
prepared to take care of all prob
able needs of our customers in the
automotive, building and allied
fields and to manufacture certain
glass specialties which fit into the
defense program."
Mr. Biggers, who is executive as
sistant to W. S. Knudsen. manu
facturing co-ordinator of the new
preparedness program, said Libby
Owens-Ford paid $2,269,292 for 70.24
per cent of the outstanding shares
of Plaskon Co., Inc.
"Established and prospective earn
ing power along with interesting
possibilities for future development
adequately support tips investment."
he added.
National Biscuit Co.
NEW YORK, July 17 (^.—Na
tional Biscuit Co. today reported
June quarter net profit of $2,411 613
after all charges, equal after pre
ferred dividend requirements to 31
cents a common share. This com
pared with $2,803,101. or 38 cents on
common, in the preceding quarter
and $2,885,263. or 39 cents, in the
June quarter last year.
McGraw-Hill Publishing.
McGraw-Hill Publishing Co. and
subsidiaries earned net profit in the
June quarter of $182,751, or 30 cents
a share, against $238,580, or 40
cents a share, in the March quar
ter and $119,436, or 20 cents a share,
in the second quarter of 1939.
Continental Motors.
Continental Motors Corp. of Mus
kegon, Mich., today reported net
profit of $207,739 after all charges
for the first half of its fiscal year
ended April 30. compared with net
loss of $126,233 for the corresponding
period a year earlier.
Pubyic Service Corp. of New Jersey.
Public Service Corp. of New Jersey
reported for 12 months ended June
30 net income of $25,563,222, equal
to $2.85 a share on the common
stock, compared with $24,820,774. or
$2.72 a share, in the preceding 12
month period.
Republic Net S3,337,730.
CLEVELAND, July 17 <£>).—Re
public Steel Corp. and subsidiaries
today reported consolidated net
profit, after all charges, of $3,337.
730 for the second quarter. This
compares with $550,412 for the same
period in 1939 and with $3,111,722.71
for the first quarter this year.
Curb Bonds
DOMESTIC BONDS.
.. _ High Low, Close.
a ! 4%s 67 104% 10* 104%
Ala Power os 08 . 100% 106% 106%
Am G A E 3%s 00 ._ 107% 107’, 107%
aIT ? L 05 1,110 1«>1% 10) loll,
Apoalach E P 4s 03 108 108 108
A?°ai) p -I'll A 125 125 125
K wf t*aL.,os 50 —- 105*2 105% 105%
5! I”d„4 *s •*3- 51% 51 51%
As n a*wE-?s 25- I4** 14% 14*.
AS Ct <V E .">*2^ <<. 1 4 II*. ill.
As T & T 5**18 .55 A _ 65 65 65
Avery & s 5s 4s ww 100 loo 3no
Bald Loco 6s 50 _ 11° n° nrt
fell Te C 5s 57 B _ 100% 100% 100%
% 9 Ss 0,1 C - 101 loo 101
3irm El 4%s 68 __ 90% 98% 99%
Birming Gas 5s 59 __ 90’, 90% 90’,
Can Nor Fwr 5s 53.. 76% 70*, 76*,
Cent St El 5s 4s Hi)1? .’16*4
Cent St El 51 as 54 333b 3°». 3°3a
Con S: PAL 5%s 53_: 75% 75 75%
Chi Rys 5s 27 cod... 44 43% 44
Cities Svc 5s 50 78 77% 77%
Cities Service 5s 58 77% 77 771J
Cities Service 5s 66 _ 70% 79% 79%
Cit s PAL 5%s 52_ 87% 86’, 87
Cit S PAL 5%s 40_ 88 88 88
Comnty PAL 5s 57 ... 94 94 94
£°ht G & e 5s 58 A... 91% 01 911.
Cudahy Pkg 3%s 55 97% 97% 973.
East G A P 4s 50 A... 80 79% 79* !
Edis El Illu 3%s 65 ... 110% 110% 110%
El Pw A Lt 5s 2030... 83 82*, 82%
Fed Wat 5%s 54 ... 99% 99% 99%
Sa p't'r couon 4s 06 ... 103% 103% 103%
Florida PAL 5s 54 ... 104% 104% 104%
Gatineau P 3%s 09 05 05 05
Gen Pub ut 6%s 50 . 99% 9917 9914
Gen W WAE 5s 43 A 99% 90% 99%
Georgia Pw 5s 07 ... loo loo ino
Gien Alder. Cl 4s 05 71 70’, 70%
Grand Tr We 4s 50 .. 00% 00% 00%
Guard Inv os 48 A _ °9% •'’9% **914
Hon Gulf G 6s 43 . ' 102 102 10"
Hygrade Fd 6s 49 A... 68% 68% 68%
Hygrade Fd Os 49 B._ 68 68 08
111 Pw A* Lt 5*?s 57 98% 98% 98-%
111 Pwr A Lt 6s 53 A 106% ’06% nisi,
lu,Pw & L 5%s 54 B _ 106 106 106
Indiana Svc 5s 50 A 72 7n% *•>
Indiana Ser 5s 63 A... 70% 70 70%
Ind PAL 1st 33,s 68 .. 105% 105% 105%
Inti P Sec 6%s 55 C. _ 20% 19% 19%
Inters' Pw ns 57_ 02% 02% 62%
Interst Pw 6s 52 40% 393" qq,"
Ia-N LAP 5s 57 A .II 105% 105% 105%
Ital Su Pw Os 63 A... 35 35 35
Lome Is Lt 6s 45 _104% 104 104%
if* Pw A Lt fis 57.. 100% 100% 100%
McCord R 6s 48 st_ 00 Ho 80
Melon , 5s 43- 5S>i 58% 58",
Mil GAE 4%s 07_ 103 103 103
Miss Pow 5s 55 ... 104% 1043, 104’,
Miss Pw A L 5s 57_104’, 104’, in,’.
Mo Pub Svc 5s 00_ 93% 9.7 93
Nat P A L 5s 2030 B... 107% 107% 107%
Nevad Cal El 5s 50_74', 74% 74%
New E GAE 5s 47.. 66 65% 66
New E GAE 5s 50_ 00 05% 053;
N Eng Pwr 3%s HI... ItlT’,],,?!3 10?-,J
New E Pw fis 48 OR 07% 97%
New E Pw 5%s 54 . 100 100 1(10
N Y A W Lt 4s 2004 100 106% 10H
Nor A LAP 5%s 50 .101 in? lb"
No Con U 5%s 48 A._ 4.7 4°>1 43
Norlhw P S fis 57 A... lo4% 104% 104s,
Ohio Pub Svc 4s 62__ 1 n» 108-’, lOR’,
Pac G A E Os 41 B_107% 107', 107',
Pac P A L fis 55 _ 93’, 93% 93%
Penn C LAP 4%s 77_103% 103 103
Penn Elec 5s 02 H... 107 190’, 190’;
Pe"P A' 01 „D— »9', 99%
Phlla El P 5%s 72 _ 113 112% 113
Pitts Steel fls 48 101 101*101
E”b o®, £.°,n 3>s 04 .. 105% 105% It).-,’,
Pug Sd PAL 5%s 59 99'-, 99 99
Pug S PAL fis 50 C _. 95 95 95
Pu S PAL 4%s 50 D. . 93 92% 99%
Safe H Wa 4%s 79.._ 106% 196% 100%
Scullln Stee1 3s 51 ... 64% H4% 64%
S E PAL Os 2025 A. 112% 112% 11,3!
Sou Cal Ed 3%» 00 ... 108 108 108
Sou Cal E 3%s 60 B._. 108 108 108
Sou Ind Ry 4s 61 _ 43% 43 43
f?1» A* T 5s 01 A-104% 104% 104%
Std GAE 6s 48 st . .. 71% 71% 71%
Std GAE 6s 48 cv st.. 71% 71% 71%
Std GasAEl fis 51 A... 71% 71 71
ftd Gas A El 6s-57_7l(5 71 71
Std GgsAEl Os 06 B.,_71% 71 71
Stand PwALt 6s 57_ 71 71 71
Texas Elec 5s 80 _106% 106% 106%
Jex Pw A L 6s 50_100% lOO’.J iflO’l
uiM? SsW st” *?* 8?H ®2H
Unit 06s'^7569- %
Unit LtAPw 0%s 74._80% 80% RfliA
Unit LAR D 5%g 52. 91% 91 91
Unit, LAR M 6s 52 A .. 115% 115% 116V,
Unit LAR M 6s 73 A._ 86 4 RR RR4
Va Tub Ser 6s 40- 99V, 99% 99%
VaFQHE?ONii 46 A-103,/i 102^ ln2^
Cauca Val 7s 48 _ 9 9 9
Danish Con 5s 53 __ 23 22% *’•’%
Ouant A W fls 68 A .. 44 44 44
Stinn <H> 4s 40 2d st.. 30 30 30
Term-Soc 0%s 53 A 22% 22V, ’5',
ww—With warrants, xw—Without war
rants. n—New st fstpi—Stamped
SNegotigblltty impaired by maturity.
U. S. Treasury Notes
NEW YORK. July 17 (/Pi —Prices quoted
in dollars and thirty-seconds:
Rate Mo. Year. Bid. Asked^Yleidl
IV, Dec. 104(1_ 101.5 1017
1$4 Mar. 1041-101.14 101.10
1»* June 1041-101.14 101.10 "
l»/4 Dec. 1041- 101 25 101.27
1% Mar. 1042—_ 102.27 102.29
2 Sept. 1042,_.- 104.3 104.5 .OS
144 Dec. 1042-.- 103.20 10.3 2R 14
l June 1043_ 102.2 1024 39
?fpt' -101-17 101.19 .49
1V» Dec. 1043_ 102.5 102 7 47
1 Mar. 1944- 101.19 101.21 .54
*4 June 1044- 100.23 100.25 .55
1 ftot. 1044- 101.19 101 «1 ,5R
% Mar. 1945- 100.9 100.11 .67

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

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