Evening star. [volume] (Washington, D.C.) 1854-1972, January 28, 1942, Image 21

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Evening star. [volume], January 28, 1942, Page A-19, Image 21
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 28 Jan. 1942. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1942-01-28/ed-1/seq-21/>

Newspaper Page Text

TRUST!
NOTES
Heakutatle Hotel
We WiR luy Second Trust Notes
Secured on Improved Property.
N A TI 0 N A L MORTGAIE
& llVESTHEKT C 0 IP.
1312 N. Y. Are.. N. W. -t- NA. 5033
Start How ...
Save the Insured
Safety Way!
mi, rear **yinr* ar* DI
SUSED ap to SA.6M by a
Mori Geeeranient Areney.
HU, year *avinr* earn an
attraetire »refit fer yea, an<
mere Income Iren year ear
Inn will bmii leearUy fer
later yean. Open year ln
anreA anrtno* aeeeont HEBE!
For Victory—Buy U. 8.
Saoingi Bondi and Stampi
NO HWESTERN
SAVINGS & LOATASSN.
BE raea 1,137 G Street N.W
HEiDZOa Branch Takema Pk.
Qwhat firm
finances large
real estate
projects?
H Sta
WEAVER
BROS me
WASHINGTON BLDG.. DISTRICT SMS
REALTORS SINCE IIU
Convenient
Financing
of ipirtment house* ind
other investment properties
can be arranged through our
FIRST MORTGAGE Loans
—i f the properties ere
located in the District or
nearby Maryland and Vir
ginia. When approved will
be made as you elect—
3-Year Straight Plan
or
Long-Term Monthly
Payment Plan
and
Also F. H. A. Facilities
Applications given prompt
consideration and report.
B. F. SAUL CO.
925 15th St. NA. 2100
LAIDLAW fc COMPANY
NOTICE OF CANCELLATION OF
LIMITED PARTNERSHIP
CERTIFICATE
Notice is hereby given that the Certificate of
Limited Partnership filed in the Office of tht
Clerk of the United States District Court for the
District of Columbia on February 14. 1941,
under which was formed a Limited Partnership
under the firm name of Laidlaw & Company,
has been cancelled, and that the following is a
copy of the Certificate filed for such purpose in
the Office of said Cleric on January V 1942:
The undersigned, being all of the partners in
a limited partnership under the firm name of
Laidlaw & Company, a certificate of the forma
tion of which was filed with the Cleric of the
District Court of the United States for the
District of Columbia on February 14. 1941.
which partnership will, by the voluntary act of
all partners, be dissolved as of December 31.
1941. do hereby declare, state and give notice
that said limited partnership will be dissolved
as of December 31, 1941, and that the said cer
tificate of the formation thereof is hereby can
celled as of said date.
IN WITNESS WHEREOF, the undersigned
ha*e hereunto subscribed their names thii 23rd
day of December, 1941.
EDWARD ROESLER
gilbert u. burdett
ELLIOT C. R. LAIDLAW
HENRY W. BROWER
EDWARD ROESLER, JR.
LORRAINE F. PITMAN
_ General Partner*
ISABELLA WOOD LAIDLAW
HENRY McSWEENEY/
Spfiol Partners
(The foregoing Certificate was duly acknowt*
•died by the several subscribers thereto I
LAIDLAW S. COMPANY
NOTICE OF LIMITED PARTNERSHIP
CERTIFICATE
NOTICE IS HEREBY GIVEN that anew
Limited Partnership, has been formed to con
tinue under the firm name of Laidlaw & Com
Cny. file business heretofore carried on by the
mited Partnership of the same name (whioh.
by the voluntary art of all the Partners, ter
minated on December 31, 1941) and by its
predecessors. The Partnership is to be con
ducted under the name of Laidlaw 8c Company.
The business to be transacted ia that of buying,
sailing ana dealing in and with stocks, bonds,
notes, securities, negotiable instruments and
ether evidences ot debt or ownership, as brokers
and agents, and not otherwise. Edward Roesler,
Kings Point Road. Great Neck. New York,
Gilbert U. Burdett. 159 Maple Street, Engle,
wood. New Jersey; Elliot C. R. Laidlaw. 791
West Eighth Street. Plainfield. New Jersey,
Louis W. Noel. 544 East 86th Street, New York,
New York; Edward Roesler. Jr.. 12 Westgat*
Boulevard, Plandome. New York; Lorraine F.
Pitman. Old Kings Highway, Darien Connec
ticut; Daniel E. MacLean, 20 North Broadway,
White Plains, New York, and W'illiar F. Van
Oeventi r. 36 North Monroe Street. Ridgewood,
New Jcr>ey. are the General Partners and Isa
bella Wood Laidlaw . 143 Dwight 1 lace, Engle
wood, New Jersey, and Henry McSweeney.
Ridgeway .Avenue and Boardwalk, Atlantic
City. New Jersey, are the Special Partners*
Isabella W.ood Laidlaw and Henry McSweeney
have contributed $200,000 and $500,000. re
spectively, to the common stock of the Partner
ihip. The Partnership is to commence January
1. 1042 and terminate December 31, 1044. Cer»
tificate of Limited Partnership, signed and
acknowledged by all the partner*, was filed on
January 3. 1042. in the office of the Clerk cf
the United Stater District Court for the Dit«.
Viet of Columbia.
Electric Production
Off Slightly in Week,
Rises Over Year Ago
Index Shows Little Change
From Power Output in
Previous Seven Days
Ef the Associated Press.
NEW YORK. Jan. 28—Electric
power production for the week
ended January 24 declined .3 of 1
per cent to 3,440,163.000 kilowatt
hours from 3,450,468,000 In the pre
ceding week, but rose 14.8 per cent
over 2,996,155,000 in the similar
period a year ago, the Edison Elec
tric Institute reported today.
The drop in output was slightly
more than seasonal and the Asso
ciated Press index of electric power
production declined to 155.4 from
155.5 the previous week. A year
ago the figure was 138.5. The in
dex, adjusted for seasonal and long
term trend, is based on 1929-30
production as 100.
1941-42 1940 1939 1938
High_ 155.5 138.1 129.5 117.2
Low. 137.6 121.4 112.3 102.8
Percentage output gains over last
year by major geographic divisions
follow: New England, 16.0;’Mid
Atlantic, 11.6; Central industrial,
13.2; West Central, 12.5; Southern
States. 16.9; Rocky Mountain, 18.2,
and Pacific Coast, 21.0.
Defense Bond Sales
Near Billion in Month
By the Associated Presa.
Sales of Defense bonds reached
$795,088,712 in the first 24 days of
January, indicating that the month
may set a record of close to $1,000,
000,000. The previous record was
$534,000,000 in December.
The last week of January was ex
pected to be particularly heavy be
cause institutional purchasers usual
ly buy at the end of a month be
cause they get the same interest
as if thy buy at the first. This
type of purchaser is important in
January sales because he is likely
to buy his maximum yearly quota
of $55,000 worth all In that month.
Washington Exchange
AFTER CALL.
Capital Traction 1st 5s—$1,000 at
105: $1,000 at 105: $1,000 at 105;
$1,000 at 105; $1,000 at 105.
Washington Gas pfd.—50 at 103.
BONDS
PUBLIC UTILITY
Bid. Asked.
Am Tel A Tel err deb 3s 1950 107'a 10814
Anacostia ft Pot 5s 1945 li>5 ion
Ana A Pot guar 5s 1949 __ no __
Ana ft Pot Mod 334S J951 _ 105
8ap Ttaction 1st 5s 19*7__ lo*'j 1054
ity St Suburban 5s 19*8 _ I05 108
City A Sub mod 33is 1951__ 105 _
Georgetown Oas 1st 5s 1B61 ICO _
Pot Elec Pwr 3'is lBfifi __107 _
Washington Oas 5s 19H0 _. 12* _
Wash Rwy ft Elec *s 1951 _ 107 _
MISCELLANEOUS.
Ter RfAW Cp 1st 41«a 1B48 10214 _
STOCKS
PUBLIC UTILITY
Bid. Asked.
Amer Tel * Tel (9) _127%
Capital Transit tpl.25)_ Cl 22%
N & W Steamboat (4). .. 78 _
Pot Klee Pow 6^7 pfd )6> . 112 _
Pot K1 P* 6%% pfd (5.50)_111%
Wash Gas Lt com (1501.. *18% 10
Wash Oas Lt pfd (4 50) . ioc% 103%
Wash Ry k El com 1(40) __ Ago 680
Wash Ry A El pfd (A)_114% _
BANK AND TRUST COMPANY.
Amer S«e & Tr Co. 200 220
Bank of Bethetda (t.75)_ 30 _
Capital ( + 6) _ . „_175 _
Com & Saving* (ylO.OO)_325
Liberty ( + 6) _ 172 200
Lincoln (h5) ?10 _
Natl Siv * Tr <*4.00> .*200
Hr Georges Bk A Tr <1.00). 21 24
RISKS <elO) _262 _
Riggs pfd (5> *100
Washington (6> _ 100 115
Wash Loan & Tr (#8)_*211 _
FIRE INSURANCE.
American (*6> *125 _
Firemen’s (1.40) 31 _
National Union (.75)_ 13^ _
TITLE INSURANCE.
Columbia dc.soi . 13% 16
Real Estate (md)_ 155 185
MISCELLANEOUS.
Carpel Corp (2.00) _ 20
Garflnckel corn (.70) O'* 10%
Garfln'H 0% cu cv pfd (1.50) 27%
Lanston Monotype (1.00)-- 21
Lincoln Serv com <1.25> 13 17
Lincoln Svc 7'.» pr pf (3.50) 30 42
Mergenthaler Lino ip4(IOI. 33% 34%
Natl Mtge A Iny pfd (.40) 4%
Peoples Drug com new (1.00) 20 24
Real Est MAG Did It.50) 7(4 ....
Security Storage (’4) - fio
Ter Ref * Wh Corp (3) 51 53
Wdwd A Loth com Ip2.30) 42 47
Wdwd A: Lorhrop pfd <71 120
• Ex dividend, t Pits extras e 2*7 ex
tr». h $5.00 extra, k 20c extra m$150
extra, p Paid ;n 1041. g $5.00 extra paid
December 29. 1941. y $10.00 extra.
Washington Produce
BUTTER—93 score, tubs. 37%: 1-pound
prints, 38%; %-pound prints. 38%: 92
score, tubs. 38%; 1-pound prints. 36%:
%-pound prints, 37%: pi score, tubs. 35%;
l-pound prints. 36%: %-pound, 36%; 90
score, tubs, 36: 1-pound prints. 35%; Ex
pound prints, 36: 89 score, tubs. 34%: 1
oound prints. 35: %-pound prints. 35%:
88 score, tubs. 34: 1-pound prints. 34%;
%-pound prints. 35.
LIVESTOCK—Calves. 14; spring Iambi,
11%
Prom Agricultural Marketing Service.
Prices paid net f. o. b. Washington.
EGGS—Market slightly stronger. Price!
paid for Federal-Slate graded eggs re
ceived from grading stations (January
28): Whites: U. S. extras, large. 36-38.
mostly 37: U. S extras, mediums. 34-36;
U. S. standards, large. 34-36; U. 8. stand
ards. mediums, 32. U. S, trades. 30.
Browns: U S, extras, large. 35-37. mostly
36: U. S. extras, mediums. :t3-:;4. mostly
: 34: U. S. standards, large. 33-36. mostly
34-35: U. S. standards, mediums 32:
U. S. trades. 2)1-43. mostly 32. Nearby
ungraded eggs: Current receipts: Whites,
mostly 30-32. some of better quality,
heavier weights ud to 34: mixed colors,
mostly 30. Receipts Government-graded
eggs. 330 cases
LIVE POULTRY—Market steady. Fowl:
Colored. 4 pounds and up. 20-21; Leghorn
hens, 3% pounds and up. 14-15: No. 2's.
H). Roosters: 14-15. Chickens: Vir
ginia rocks, broilers and fryers, all sizes.
21: No. 2's, 13-14. Delaware and Mary
land. rocks and crosses, broilers and fry
ers. all sites. 21: No. 2's, 13-14; reds, 19
20. Capons: 5-6 pounds. 25: 7 pounds
and up. 26. Turkeys: Young toms. 16
pounds and up. 26: young hens. 10 pounds
and up 28-29: No. 2's and undersizes.
IS. Guineas: Young, all alzes, 25 per
pound; old, 10.
Chicago Produce
CHICAGO, Jan. 28 (.48. — Butter, re
ceipts. 483.778: easy: creamery. SKI score.
354-36: 92. 35: 00. centralized car.ot.i.
344: other prices unchanged.
Eggs, receipts, 7.848; firm: current re
ceipts. .134: dirties. 31%: checks, 314:
other prices unchanged.
Poultry, live. 34 trucks; steady, hens,
over 5 pounds. 21: Leghorn hens, 174;
other orices unchanged.
(United States Department of Agricul
ture.)—Potatoes, arrivals. 105: on track.
480; total U. S. shipments. 756: supplies
heavy: demand fair; market for Idaho
Russets Arm to slightly stronger, for
Nebraska Bliss Triumphs and Colorado
Red McClures steady, for Northern stock,
all varieties, Arm: Idaho Rusaet Burbanks.
U. 8. No. 1. 2.95-3.10: Nebraska Bllaa
Triumphs. U. 8. No. 1. C.45-60; Colorado
Red McClures. U. S. No. l. 2.55; Michigan
Russets Rurals. U. S. No. 1. 2.00: Min
nesota and North Dakota Bliss Triumphs.
U. S. commercials. 2.05-30: cobblers. U. 8.
commercials, 1.90-2.00; Wisconsin Chip
pewas, U. S. No. 1. 2.10: Katahdlns. U. 8.
No 1. 2.00-05; new stock, supplies mod
erate, demand slow, market dull: Florida
Bliss Triumphs. U. S. No. 1. 1.85 per
burhel crate.
Baltimore Stocks
Special Dispatch to The Star.
BALTIMORE, Jan. 28.—
Hleh. I.ow. Close.
.100 Balto Transit .. .95 .9(1 .9(1
935 Balto Tr ptd 5% 51« 54
135 Davison Chem 114 114 114
3(1(1 East Sug As VT 14’, 14% 14%
10(1 East Sug pf VT _ 48% 484 484
30 Fidelity & Dep 112 112 112
50 Finance Amer A 94 94 94
}00 Northern Central 96 96 96
89 New Amster Cas 184 184 184
50 U 8 Fidel ft Ouar 25 24% 25
BONDS.
f4 500 Balto Tr deb 4a A 51 504 51
2.000 Balto Tr 6s A . 60 M 60
NEW YORK CURB MARKET
Stocks
(By Print* Wir* Direct te The Star.)
Stock ana Bale*—
Dividend Rat*. Add 00. Hhrh.Low. Close.
Ainsworth 1.25*--- 1 4% 4% 4%
Aircraft Accessrles.. 7 1% 1% 1%
Ala Power nf (7) .. BO* 106 106 106
Alum Co of Am 0C-- 100* 103% 102% 102%
Alum Co pf (6) 200* 114 113 113
Aluminum Ltd (h8> . 850a 76% 76 76%
Alumn Ltd pf <6)_ 60s 96 96 96
Am Cyn B 60a_ 8 37% 36% 36%
Am Export 1.50*_ 12 24% 24 24
Am Oas* 11.60a . 8 19% 19% 19%
Am 0 ft I pf (4.76) 100s 102% 102% 102%
Am Gen pf (2.50) .. 25* 31 81 31
Am Lt At Trie 1.20— 3 10% 10% 10%
Am Maracaibo_ 20 '4 % %
Am Repub .38*_ S 6 6 6
Am Superpwr pf — 3 2% 2% 2%
Am Writing Paper— 2 2% 2% 2%
Ark Nat Oas (A) -.4 1 1 1
Ark Nat Gas pf.90*. 1 7% 7% 7%
Art Metal 60k- 2 5 5 5
Atl Coaet Pish_ l 3% 3% 3%
Atl CL 2.90*_ 75» 27 27 27
Auburn Cen Mtf_ 6 5% 5% 6%
Automat Prod __ 5 2 2 2
Axton-Fisher (A)_ 50* 38 33 33
Aythire Patoka_ 15 5 6
I Baldwin Loco war_ 2 8% 3% 3%
Barium Stain Btl_ 5 % % %
Basle Refract .80... 1 6% 6% 6%
Beech Aircraft_ 14 8% 8 8
Bell Aircraft <2«)... 4 14% 14% 14%
Blrdsboro Ft 1.25*. 2 8 8 8
Bliss (EW) (2)_ 2 16 15% 16
Blue Ridge _ 10 % % %
Bowman Blit lit— 50a 1% 1% 1%
I Bowman Bilt 2d pf.. 2 ft ft ft
BrakTLAtPh 40«— 16 6% 6% 6%
Brewster A (.30*) - 1 7% 7% 7%
Bridgeport Machine 2 2 2 2
Brlt-ATr* (.547*). 100a 8 8 8
B N AS E P pf (1 60) 6 15 15 15
BN At BP l»t (8)— 250a 88% 88% 88%
Calif Elec Power_ 1 1% 1% 1%
Can Col Airways__ 2 2% 2% 2%
Can Mar W (h.04*). 7 4 4 4
Cap City P ( go*)—. 100a 10 10 10
Carrier Corp _ 8 5% 5% 5%
Casco Prod (1*)_ 1 4% 4% 4%
Cessna Aire (1.95(). 2 10% 10% 10%
Chi Rivet .78*_ 50* 5 5 5
Childs pf .. 50* 9% 9 9
Cities Service 2 3 2% 3
Cities Service pf 3* 100a 53 53 53
City Auto Stp* (.60) l 4% 4% 4%
Cohn At Rose 1.75* 1 7% 7% 7%
Columb Oil Afc Oas . 28 1% 1% 1%
Oonn.Tel At Elec ... 10 1% 1% 1%
Cons O AElsl 3 60 1 50% 50% 50%
Consol Oas A Klee
Bal pf C (4). 10* 101% 101% 101%
Cons Steel Corp — 6 5% 5% 6%
Copper Range .50*. 50* 5% 6% 5%
Cosden Petroleum_ 5 1% 1% 1%
Oosden Petrol pf- 2 14% 14 14%
Creole Petrol .50a... 1 16% 16% 16%
Crocker-Wheeler_ 8 5% 4% 5%
Croft Brewing_ 11 % % %
Crown Cen P .20*— 7 2% 2 2%
Orown Dru* (.10*) _ 1 % % %
Cuban Atl <1.50*).. 14 15% 15% 15%
Det Steel Prod (2«). 1 13% 13% 13%
DtveoTwln 1* — 15 6 5
Drtver-Har pf (7). - 10*110 110 110
Dubtller Condensar. 12 2 2
eagle Plcher Ld.flO* 1 8% 8% 8%
Bastn G*s * Fuel 2 1% 1% 1%
Eastn GAtF 6pf .75k 350s 32 31% 32
lO At Fpr pf(4.50) 125a 50 49% 50
Eastern States- 2 ft ft ft
Eastn Sts pf (B) 100* 16% 16". 16*.
Easy W M (B) .375* 1 2% 2% 2%
Elec Bond Ak Share.. 20 1% 1% 1%
Elec B At S pf (5)... 2 57 57 57
Elec B At S of (6)... 2 61% 61% 61%
EmpGAkF7*pf- 50* 106% 105% 105%
Equity Corn _ 2 % Vs %
Equity S3 pf 1.50*-. 150* 16 16 16
Fairchild Eft A ... 5 2% 2 2
Falataff Brew .60*.. 4 7% 7% 7%
Fla P At Lt pf (71 —- 150a 101% 101% 101%
Proedtert (,30a)_ 50a 10 10 10
Puller (OA) 2*_100a 9 9 9
Gen GasAB cv Pf B_ 10* 1004 100S 100S
Glen Alden 1.70*... 2 11S ll'i US
Greater N Y Brew-. 10 A A A
Gulf Oil (la)_ 5 S8H 38S 38S
Haieltin# (3)- 1 18 18 18
HeelaMln <1.20»)~ 1 6S 6S 6S
Heller pfl.75_ 05* 23*4 23*4 23H
Hejden Chen 3a— 25a 84 84 84
Ho# (R) Sc Co (A)— 3 16H 16*4 16*4
Hyarade Food — 1 2S 2S 24
Hrarade Srlv 1.25*- 2 16S 16 16
HI Iowa pf 2.7ft« .. 1 22S 22S 224
Illtnola Zinc (.60»>_ 600a 13 13 13
IbiCoNA (2.50»L 60» 74*4 74*» 74*4
Int Hydro Bee pf__. 4 IS IS IS
Int Fa A Par war— 2 A A A
Int Petrol (hi)- 19 9*a 9*» 9*4
Int Util prpf (3.SO) 200a 28 274 27S
Intent Horn* (.80). 5 6T4 6S 6S
JerCPALpf 5 50. 50e 80 80 80
HansO A * pf (T)_. 10a 115(4 115S 115S
Klnwst’n Prod .20*. 1 IS IS IS
Lake Shore hi.56i— 11 8S 8 8S
Lakey Fdry (.40*)-. 12 2*» 2*4 2*.
Lehigh Coal (.65*)-. 2 4*. 4H 4*.
Leonard Oil - 2 A A A
Lont Is! Lt pf B .... 825a 19S 19S 19s
La LandABx .40- 6 4S 4S 44
Mapes Consol (2a) _ 1 27 27 27
I Man Util Assoc- 1 S S S
Mesabl Iron - 8 S *» S
Mich Bumper- 2 A S A
Mich Sugar _ 1 IS IS IS
Mich Sugar pf .60* 2 8 8 8
| Midvale (3.83*) 50* 40 40 40
tfldvar) Dll i OA) IT T T
Minn M ft M 2 40— 200* 34 33 33
Molybdenum 50 - 2 514 514 5*4
Monarch Mach (4) _ 50* 27 27 27
Monogram Pic _ 1 % *4 *4
Mont Ward A (7) 30« 160 159 159
MonLHftPhl.50 100a 17 17 17 j
Mount City C 25g _ 2 2% 2% 2%
Murray (O) (1 20)-. 1 8 8 8
Nat City Llnea la— 1 14% 14% 14%
Nat Fuel Gas (1)_ 13 10 10 10
Nat Pft L pf (fl>— 225a 94% 94'4 9414
Nat Rubber (It)—. 1 6*4 6*4 6**
Nat Sugar Refin_ 2 10% 10*4 1014
Nat Tunnel ft Min.. 10 4 4 4
N IP A 6% pf lk— 26a 27 27 27
NewEniTftT (7). 10a 99 99 99
New Idea (,60a)—. 1 11*4 1114 1114
N J Zinc (4g)_ 200a 67% 67 67
Nlat Bad Pwr_ 2 1*4 1*4 1*4
Nlag Hud lit (5)—. 100a 62 62 62
NlatSMdB (.20*). 1 2*4 2T4 274
Nlles-B-P 1.25* — 3 14<4 14*4 1414
Northn Sta P (A)_ 2 2% 2*» 274
Ogden Corp_ 1 214 2% 2*4
r Ohio Bras* B 2-100a 17*4 17% 17%
Ohio Kdls pf (6)_ 25a 98 98 98
Ohio Oil pf (6) 50s 112 112 112
Ohio Pwr pf (4.50) 10a 109 109 109
PaeG&E5%Pf 1.375 1 25*. 25*4 25*4
Pac G 6% pi (1.60) 3 28% 28% 28%
Pantepec OH — 11 4*4 4*4 4*4
Peninsular Tel 2 — 100a 30 30 30
Pennroad .26a- 11 3*4 3*4 3*4
Pa-Oent Airlines... 1 7*4 7*4 7*4
Penn P ft L pf (6)— 20s 9714 96% 97*4
Penn PftLpf (7).. 100a 102% 10214 10214
Penn Salt (8*)- 60s 17514 175*4 176*4
Pioneer Gold (h.40) 4 1*4 1*4 1*4
Pitney-Bowes .40a_. 1 6*4 5*4 6*4
Pitts A Lake E6«— 180s 69*4 58 58*4
Pitta PI G1 5*- 1 61% 61% 61%
Potrero Sugar_ 4 2*4 2*4 2*4
Powdrel! ft Aex .40- 2 8% 8% S*»
Premr Gold (h.08) 3 14 *4 4
Pu*8d$5nf 1.25k- 50* 98 98 98
Puaet Sd P SR of . 675s 46*4 46 46%
Pug Sd Pulp (3)_ 3 15V* 1514 15*4
Qu8kerOat«4_100a 6914 69 69'4
Quaker O pf 6_- 10s 145 145 145
Radlo-K-O w«- 10 A A A
Raymd Cone l»_150s 14‘u 14*8 14*4
Relter-Poiter- 1 * & 4
Republic Aviation— 14 5Vs 5% 6'4
Rio Gr Vail G vtc— 10 V* 14 %
Roosev Field 25* — 1 214 214 214
Root Petroleum pf— 1 14*4 1414 1414
St Reds Paper- 25 214 2*4 2*4
Scovlll M (2)- 3 24% 24% 24%
Scullin Steel war—. 15 44 *4 14
Seial Lock . - 2**4
Selberlln* R .25#— 2 214 2% 2%
Selby Shoe 50a-100a 9 9 9
Selected Indus er pf. 800s 1V4 114 1%
Shaw Wat h90_ 1 1014 1014 10%
Sherwin-W (3a)_ 60a 68% 68% 68%
Sllez Oo 1.20_ 05* 10 10 10
Sinter Mfc (6*)--. 60s 142% 140% 140%
80 Penn Oil (1.50a) 1 34% 34% 34%
S C Ed pf B 1.50 -- 2 27% 27% 27%
SC Ed pf C 1.375- 1 26 26 26
Spalding A G Co 4 1 1 1
Spilding A G 1st pf 70a 17*4 1714 1774
Stand Cap & Seal 1 2** 2\ 2!l4
| StC&Scvpf 1.60 50* 13% 13% 13%
I Stand Oil KMla) 1 13% 13% 13%
Stand Oil Ohlopf 5- 60s 109% 109% 109%
Stand SU Sp 1.50g-. 2 19 19 19
i Sunray OlH.lO*)- 2 2 2 2
j Technicolor (1)- 7 8 7% 7%
j Thew Shovel 2.60*-. 60* 15 15 15
Todd Shipyard (8*). 10* 94% 94% 94%
Tonopah Minin*-’ 1 * * *
Trani-Luz (.05*)— I % % %
Tublae Chatnioa_t 4% 4% 4%
4
stoea ih paita
Dividend Rata. Add 00. High Low. cioaa.
Tuna-Sol Lpf .80-- 1 6)4 6)4 6)4
United Oaa.. 1# i i *
United Oaa pf 9a_100a 123 123 123
UfdLt*Pwrpf —. 8 2154 21 21
Unit 8ht( (2.60a). 625a 65)4 66 65)4
United 8h U pf 1.50 80a 42 42 42
United Specialties.. 1 514 6)4 6)4
U 8& IntSpf 3.76* _. 50s 52 52 52
U 8 Rub Reclaim_ 2 3 3 3
Unlv Cooler Ale— 2 1 54 1 54 144
Utah-Idaho 8,15e_. 14 3H 8)4 35,
Veneruela Petrol— 14 4 4
VaPubSvcpf_ 90s 89 87V. 87«»
Vultee Aircraft_ 3 8H 8)4 8W
Wayne Knit (2f)_ 1 13 13 IS
West VaC&O .20f.. 1 3)4 3)4 3)4
Western Air Lines.. 1 24. 25. 2».
West Md 1st pf 7*.. 20s 72 71 72
Writht B (h.eoa).. 3 2)4 2 2)4
sUnlt of trading. 10 shares, rln bank
ruptcy or receivership or beina reorganised
under Bankruptcy Act. or securities as
sumed by such companies Rates of divi
dends In the foreaolna table art annual
disbursements based on the last quarterly
or semi-annual declaration. Unless other
wise noted, special or extra dividends are
not included xd Ex dividend. xr Ex
rights, a Also extra or extras, d Cash or
stock, e Paid last year, f Payable In stock.
* Declared or paid so far this year, h Pay
able In Canadian funds k Accumulated
divldenda paid or declared thia year.
Bonds
DOMESTIC— High. Low. Close.
Am P A L Hg 2016 _10ft 10ft loft
Am Writ Paper fis 6l___ 81 81 81
Appal E! P 3%s 70_105% 105*. 10.5%
As El Ind 4%s 53_ 42 39*. 39*.
As G 4: E 4'as 49_ 11% 11% 11%
As G A E 5s 50 _ 11% 11% 11%
As G A E 5s 68 ... ll*s 11% 11%
As T A T fi%s 55 A_ 01*. 01% 01%
Bald Loco Os 50 113 113 113
Blrm El 4%s 08_102'/. 102 % 102%
Cent St El fts 48 _ 9% 9 9*.
Cent St El 6%s 54_ 8 7% 7%
Chi Rys 5a 27 cod_ 44% 44% 44%
Cities Svc fts 50 _ 81 % 81% 81%
Cities Service fts fiS_ 81 % 8u% 8n%
Cities Service fts 09_ 81 81 81
Clt 8 PAL ft %S 52_ 90% 89% 89%
Clt 8 PAL 6%S 49 ... 89% 89% 89%
Cont O A E 5s 58 A... 90 99 9o
Cudahy Pkg 3*.s 65.102% 101 % 101 %
East G A F 4s ftH A... 80% 80% 80%
El Pw A Lt fts 2030 .. 92 92 92
Fla Pwr coupn 4s 06 105% 105% 105%
Florida PAL 6a 64_103% 103% 10.3%
Gatineau P 3%s 09_ 8ft V. 85 85%
Gen W WAE 5s 43 A .. 10(1% 10(P*. 10(1%
Glen Alden Cl 4s 65 86 85% 80
Gobel Inc 4%s 41 A mst 52 52 52
Guard Inv 5s 48 A 18% 18% 18%
111 Pw A Lt ft'.s 57 99% 98% 99%
111 PwrALt Os 53 A . 105*. 105 105%
111 Pvt S%s 54 B 104*. 104% 104*.
Ill Pw A L fts 56 C ...104% 103*. 103*.
Indiana Svc fts 50 A 77V. 77% 77%
Indianap Gs 6s 52_ 94 92 94
Interst Pw 5s 57_ 77 76% 70%
Interat Pw 6s 52 _ 38% 38*. 38%
Jers C PAL 3%s 05_106% 100% 106%
Metrop Ed 4s 65 G_107% 107*. 107%
Metrop Edis 4s 71 E_ 107 107 107
Mldlan VRR 58 43_ 63 63 63
Mil GAE 4%s 67 _10ft 105 105
Minn PAL 4%s 7*_104% 104 1 04%
Minn P A L 5s 55_106% 100% 106%
Miss River P 5s ftl_111% 111 ill
Mo Pub Svc 6s 60_102% 102 102%
Nevad Cal El 5s 56_ 94% 94% 94%
New E GAE 5s 47_ 53 52% 62*.
New E GAE 5s 48_ 52% 52% 52%
New E GAE 5s 50__ 62% 52% 52*.
N Eng Pwr 3%s 61_108V. 108 108V.
I New E Pw fts 48 _ 84% 84 V. 84%
! New E Pw fi%s 54 ... 86*. 86% 86%
; No Con U 5%s 48 A... 58 58 fiK
Nor Ind PS 3%s 69 ... 106*. 106*. 106%
Ogden o co fts 45_107% 107% lo,%
Ohio Power 3s 71 _104% 104% 104%
Ohio Power 3%g 68_107% 107*. 107*.
Ohio Pub Svc 4s 62_108% 108 108
Pac P A L 5s ftft _100% ioo% 100%
Penn C LAP 4%s 77_ 104*. 103*. 104*.
Penn c PAL fts 79_loft loft loft
i Penn Elec 4s 71 F _10.3% 10.3% JO.3%
Penn Elec 5s 62 H_I Oft % 1 oft'. 1 oft'.
i Pub Ser CoTo 4s 49.... loft*. 105 loft
Pub Ser N J 6s ctls 138 138 138
; Pug S PAL 4%s 49 A 102% lot! 102
Pug S PAL 6s 5" C 102*. 102% 102%
Shw WAP 4%s 07 A 92*. 92% 92*.
South Cal Ed Is 05_1(81’. 1(81% loo*.
i Sown GAE 3%g 70 100 100 loo
Spalding 5s 89 51 51 51
Sid GAE (Is 48 st _ 72*. 72*. 7 ’*.
Std GAE 6s 48 cvst _ 72% 72% 72%
Std Gas A El 6s 51 A . 72% 72% 72%
Std Gas A El Os 57 _ 73V. 72*. ?•>%
Std Gas A El Hi 60 B 73 73 73
Stand PwALt 6s 57 _ 72% 72% 72%
Texas Elec fts HO _106% 106 loo
Tex Pw A L 5s 56 . 107V. 107% 107%
Tide Wat P 5s 79 A . 99% 99V. 99%
Twin CRT 5%s 52 A. 72*. 72 72%
! Unit El N J 4s 49 114% 114% 114%
1 Unit LtAPw 5%s 59 103% 103% 103%
! Unit LtAPw 6s 75 101 % 101 V. ini %
! Unit LtAPw 0%s 74 102 101% 101%
Unit LAR D 5%s 52 loo ion 100
Unit LAR M 6s 73 A 101 % 1 (II % 1 o! %
Va Pub 8 ft%s 40 A 102 101% 102
Wash R A E 4s ftl_ 109 109 109
York Rwy 5s 47 it_ 77 77 77
FOREIGN—
Agr Mort Bk 7s 46 2S% 25% 25%
Bogot M B 7» 47 A-O . 25% 25% 25%
Medelin Col 7a ftl 10*. 10% lo*.
Rio de Jan 6%s 59_ 13 13 13
Russian «%. ie mat .. 1% 1 % 1%
ww With warrants xw Without war
rants. n New. at (stp) Stamped.
Dividends Announced
NIW YOUX Jm. S8—Dividends 6t
clared. prepared by the Pitch Publishing
Oo.
Initial.
Pe- Stack of Pay
Rate riod record, able.
United Airer S"*- cv pf 75c 2-16 3-2
Tear End.
Grant (W T)_60e_2-8 2-19
Bitra.
Cont Cuihlon Sprint.. 2e 1-31 2-15
Midwest Pip a Sup_20c_2-6 2-14
Accumulated.
Manh Ref «*, pf... $3 _. 1-21 2-2
Pac Ptl Cem fl'i-v pf $1 . 1-2* 1-20
Interim.
Borden Co_ 30c 2-16 3-t
Arrears.
Unit Gas Corp $7 pf $7 on 2-6 3-2
U S Leather pr pf $1 75 3-10 4-1
Special
Unit Shoe Mach *1 50 . 2-3 2-25
Regular.
Canada Dry Oin Ale.-l.1c Q 2-24 3-9
: Cent Ry Si* nf A._ ..Si Q 1-78 2-7
Cont Cush Spring _ .Sr O 1-31 7-15
: Curtis Pub pr pf_75c <3 3-8 4-1
Dominion Bridge Ltd--30c Q 1-31 '.’-'IS
rort Wbrth 8tk Yds ..'lie . 1-24 2-1
Gen America Corp 75c Q 3-3 3-12
Green D . *1 40 2-18 3-2
i Inti Business Mach. Si.6o Q 3-23 4-10
Lane Bryant . 25c Q 2-13 3-2
Nat Led 7«r, pf A_$1.75 Q 2-27 3-14
Sculling Steel_ $t . 1-28 2-19
Sherwin Wms _75c Q 1-31 2-18
Sterling Prod Del_95c Q 2-18 3-2
Unit Eng & Fdy_75c . 2-20 3-2
Unit Gas Imp_15c Q 2-27 3-31
Unit Sta Steel _SI _ 2-20 3-20
U 8 Steel 7% Pf_SI .76 Q 1-31 2-20
Vogt Mfg. _ . 20e Q 2-13 3-2
Wentworth Mfg ct pf 25c Q 3-2 2-16
Bunker Hill k Bull Mng.25c Q 2-13 3-3
Consol Paper Co_25c 2-1R 3-1
Deere k Co pfd _S5c Q 2-14 3-2
Madison So Garden.. 25c 2-13 2-27
Poor * Co 371ac O 2-16 3-1
Stand C & 8 *1.60 pf _40c Q 2-16 3-2
Youngstown SAT 75 _ 2-14 3-14
Tampa Elec -45c 2-2 2-16
Foreign Exchange
NEW YORK. Jan. 28 oP>.—Late foreign
. exchange rates follow (Great Britain in
I dollars, others in cents).
Canada: Official Canadian Control Board
: rates for United States dollars: buying
! 10 Der cent premium, selling 11 per cent
premium, equivalent to discounts on
Canadian dollars in New York of buying
9.91 per cent, selling 9.09 per cent.
Canadian dollar in New York open
market 11% per cent discount or 88.12%
United States cents.
Europe: Great Britain official (Bankers
Foreign Exchange Committee rates), buy
ing. $4.02: selling, $4.04; open market;
caoles. $4.04.
Latin America: Argentina, official. 29.77;
free. 2.3.00. up 0.01 of a cent; Brazil, of
ficial. 0.O6n: free 5.18%n: Mexico. 20.70n.
(Rates in spot cables unless otherwise
indicated.) n Nominal.
New York Produce
NEW YORK Jan. 28 (Pi.—Ettgs, 23.59?;
Irregular Mixed colors: Fancy to extra
fancy, rtd'i-3.: extra. 38; graded first. 35:
current receipts. 341.: mediums. 34Va;
j dirties. No i. 3**4: average checks. 335a.
Whiles' (Resales of premium marks.
3RW-41). Nearby and Mid-Western
premium marks, :!B'A-38: specials, 36s'.- I
38; standards. .3 5 -3.; (resales of ex
change to fancy heavier. 35V4-373, i.
Mediums. 34H.
Brawns: Nearby and Midwestern fancy to
extra fancy 38H-37: specials .353. -36;
standards, 351V’«: mediums, 34ta-!l4.
Duck, eggs. 39-40.
Butter. 658.878. easier. Creamery;
Higher than 92 score and premium marks,
35V4-36i'‘>: 92 score (eaah market). 35;
88-91 score. 32H-34y4; 88-87 gcore. 31V4
32&ieese. 492.024, firm; prices unchanged.
Freight Cars Handled
NEW YORK. Jan. 28 OF).—Revenue
freight ear, handled by railroads reporting
today for the week ended January 24 in
cluded: _ _
Frev. Year
Jan. 24. Week. Ago.
Norfolk * West. 27.851 27.151 28.506
Pennsylvania .138.342 134,073 115.217
L. AN. __ 34,324 35.062 30,484
N. Y. Central 101.098 100.380 88.189
Youngstown Co.
To Pay Dividend of
75 Cents a Share
Represents Distribution
Of About $1,200,000
During Quarter
BJ thr Associated Press.
YOUNGSTOWN. Ohio, Jan. 28.
Youngstown Sheet & Tube Co. to
day announced a common stock
dividend of 75 cents a share, payable
March 14 to stock of record Febru- |
ary 14. The same sum was paid.
In the previous quarter. It repre
sents a distribution of about $1,
200.000 to stockholders.
Directors also declared the regu
lar dividend of $1.37 >4 per share on
preferred stock, payable April 1 to
holders of record March 7.
Armstrong Cork Co.
Directors of the Armstrong Cork
Co. declared an interim dividend of
25 cents per common share, payable
March 3 to stockholders of record
February 9. The directors also de
clared a dividend of $1 per share on
preferred stock, payable March 18
to stockholders of record March 2.
United Shoe Machinery Corp.
A special dividend of *1.50 on
common stock payable February 25
to stockholders of record February
3 was declared by the United Shoe
Machinery Corp. A year ago the
special dividend was $1.
Chicago Grain
By the Associated Priss.
CHICAGO, Jan. 28.—Grain prices
fell sharply today from peak levels
of the past five years or longer, corn
and rye collapsing 5 cents a bushel,
maximum losses permitted in one
day.
Traders who had accumulated
substantial holdings on the recent
almost steady rise of values threw
large commitment* overboard in a
selling wave that began at the open
ing bell. Market experts said the
liquidation was touched off by Sec
retary of Agriculture Wickard's
statement that ‘‘recent speculative
advances” in corn were unjustified
and that the Government’s program
for expansion of live stock program
would be jeopardized.
Government steps to maintain
what Mr. Wickard called “reasonable
feed prices,” intruding possibility
of diversion of some wheat instead
of com into alcohol and to feed
manufacturers and calling of loans
I on old corn now in storage if neces
I sary, were regarded as bearish fac
tors. Purchase of 200,000 bushels
of Argentine rye for importation in
I the East also was a factor.
Wheat closed 2-2'4 cents lower
than yesterday. May 1.30*4-1.30T*,
July 1 321*; corn. 31g-3:'i lower. May
86\-864: July 85^-88',; oats, 'I*
laB down: rye, 4‘4-4*4 lower. May
May, Se^-SS1-; soybeans, 3*4-4'4
lower. May 1 97V1.97U.
Buying that helped to rally grains
from early lows was attributed to
processing interests, including mills
and dealers who had sold short.
WHEAT— Open H!*h Low. Clote
May 1 31*; 1.31’a 1 30*. 1 3(1*.-’.
July _I.32*a 1 33', 1 31*. 1 32V*
Sept. __-1.34Va 1 34*. 1 33 V. 1.33‘a
CORN—
Miy _.87 .88 .SS'i .8«S4-'A
July _.871 j »0 87’« SB*,-V5
Sept. _.88% 91% .88% .90
OATS—
Miy .... .5P SP .5* .W»4
July .58*4 58% .58 .58%
Sept. 58% .58% .58% .58%
SOYBEANS—
Miy _196% 199 196 19?%-%
July _197% *01% 197% 199%-%
Oct _1 9fl*a 1 09% 1 96% 1.96%
Mar .90 90 .86% .86%-%
July _.92 .92 66% 89%-%
Sept. _ 94 .94% .Pl'k .91%
LARD —
M«r. 12 22 12.27 12 17 12.17
May 12 50 12.50 12.40 12 40
July ___ 12.62 12 62 12.60 12 62
Cash Market.
Wheat No. 2. mixed. 1.2H%. Corn, old:
No. l yellow, 84: sample grade yellow 8o;
new corn No 2 yellow. 81: No. A. 70*2-82:
No 4. 75%-70%; No. 5. 70*2-75%; No. 0
white. 91*4 No. 4 85*2 Oats. No 1
mixed. 58: No. 2 white. 5. %: No .‘1, 55%
57*2: No. 4. 57. Barley, malting. 75-97
nominal feed and screenings. 57-, 2 nom
inal Soybeans. No. A yellow. 1 K7%
1 sfi*4: No 4 1.85; sample grade yel
low 1 85% Field seed ner hundred
weight nominal: Timothy. 7.50-7.75. al
sike. 15 oo-l 8 00. red top. 8.00-8 75:
red clover. 10.00-18.00: sweet clover, 6.50
, 9.00.
_
Virginian Line Earnings
Equal $3.90 Per Share
j By the Associated Press.
NORFOLK, Va„ Jan. 28.—Net In
come of $6,559,710.21 was reported by
the Virginian Railway for 1941 in
the annual statement released yes
terday from the line’s headquarters
here.
This figure represents earnings
of $3.90 per share on common stock,
a decrease in comparison with the
1940 net income of $7,281,734.58, and
earnings of $4.48 per share.
ST. LOUIS, Jan. 28 (/P).—'The Mis
souri Pacific Railroad was nearly
$14,000,000 better off at the end of
, 1941 than at the close of 1940.
It reported yesterday 1941 net
income of $4,225,266. compared with
a net deficet of $9,564,457 the year
j previous.
Gulf Coast Lines, a subsidiary,
had net income of $1,414,314 com
pared with a net deficit of $524,788
for 1940.
Another subsidiary, International
Great Northern, had a net deficit
of $1,343,048 for the year but it
was less than half the deficit of
$2,810,306 reported for 1940.
Halsey, Stuart & Co.
Gets C. & O. Issue
By the Associated Press.
CLEVELAND, Jan. 28.—Halsey,
Stuart & Co. of Chicago was the
successful bidder today on a $5,
150.000 issue of Chesapeake & Ohio
Railway equipment trust certificates.
The C. Sc O. announced the win
ning bid was 92.222 for 1% per cent
obligations, a net interest cost to
the railroad of approximately 1.90
per cent. The certificates, to be
dated February 15, are payable in
10 equal annual instalments and
will help finance $6,544,784 of new
equipment.
New York Bar Silver
NEW YORK. Jan. 28 (A5).—Bar
silver. 35 unchanged.
United States Treasury Position
By the Associated Press.
The position Of the Treasury January 26, compared with corresponding date a
year ago. January 24. 1042. January 24. 1041.
Receipts _ #32.112,778.70 SH,K64.819.fl8
Expenditures _ 167.568,088.18
Net balance _ 2.895.113,768.44 1,470.096.306.69
Working "balance lauded “HU..:- 2.138.189.830 53 T28,551,258.03
Customs receipts lor month- , .sSinune?'#?
Receipts fiscal year (July 1)->-,12SA’§f2'Z?S'?l
Expenditures fiscal year- *2'A22'5SS'ZiZ‘»Z S 25A’S252A5 n3
«S:S3i:8S?:Soo:||
Tire Companies Reduce
Number of Truck Sizes
By the Associated Press.
AKRON, Ohio, Jail. 28.—The rub
ber industry is conserving ita supply ,
by st&ndardlng truck tire sizes.
Combination of balloon and high
pressure casing tires or elimination
of the high-pressure type has halved
the former size range, major pro
ducers announce.
President John L. Oollyer of the
B. P, Goodrich Co. said his concern
has developed 11 combination sizes
to do the work of 28 formerly used.
Similar simplification of truck tire
sizes was reported by Goodyear Tire
& Rubber and Firestone Tire <fc
Rubber Cos.
—
Crude Oil Production
Rises to 4,311,300
Barrels Daily
Most of 265,700-Barrel
Increase for Week
Credited to Texas
By the Aisocltted Press.
NEW YORK, Jan. .28.—United
States crude oil production jumped
to a daily average of 4,311,000 bar
rels in the week ended January 24,
the American Petroleum Institute
reported today, moat of the 265,700
barrel increase over the previous
week coming from boosted Texas
output.
The daily average compared with
3.599.100 barrels in the correspond
ing week of 1941.
Refinery reports indicated the in
dustry operated during the week
at 83 per cent of capacity f.or a
crude run of 3,885.000 barrels daily,
compared with 79.6 per cent and 3.
723.000 barrels daily in the preced
ing week. A year earlier the aver
age daily crude run was 3.605.000
barrels.
Stocks of finished and unfinished
gasoline rose to 96,363.000 barrels
at the end of the week from 95,
617.000 at the end of the preceding
week and compared with 88,302,000
a year earlier.
Gasoline production for the week
was estimated at 12.928.000 barrels
against 12.894,000 barrels the pre
vious week.
New York Cotton
Br the Auoctited Press.
NEW YORK, Jan. 28—A wave
of commission house liquidation and
southern selling brought about a
break of more than $3 a bale in j
cotton futures today.
The movement followed Secretary
Wickard’s statement that he will
make every' effort to prevent com
modity prices from rising much
above parity. The uncovering of
stop-loss orders on the downward
move accelerated the drop. March
and May contracts sold below the
19-cent level.
Short covering and trade sup
port helped the market to recover
i partially.
Late afternoon prices W'ere *235
I to *2.75 a bale lower, March, 1851;
May, 19.07. and December. 19.20.
! Future* closed #2.35 to #2.95 * bale
1 lower.
Open. High Low Last.
Marsh.. 1948 19.48 18.83 18.02
M»t IB. 59 lBfll 1S.B3 lBOfi-nr
July . ie«« 19 «R 19 04 19.12-13
October 19 72 IP 72 19 lO 19.1ft
December 19 78 19,78 19 is if> 1R
January IBS* IPS? 10.27 10.21B
Middling spot, 20.44n, off 52.
n Nominal.
Cottonseed Oil.
Bleachable eottonseedl oil future* closed
unchanged Sale*. 15 contract*. May.
13.98b; July. 13 98b. b Bid.
New Orleans Price*.
NEW ORLEANS. Jan 28 tfi*.—Cotton
futures dropped nearls #3 a bale here to
day on heavy long liquidation, attributed
to official declarations that 1942 farm
prices should average around parity and
fears that pending South American trade
i agreements would allow importation of
! ootton to compete with the domestic crop
Closing prices were steady, 44 to 53 points
net lower.
Open. High Low Close.
March_ 19.57 19 59 18 9.1 19 <»1
.May __ 19.09 19.K9 19. 03 1909-11
July _ _ 19 73 19.73 19 10 19.18-20
October 19 83 19 83 19.27 19 34
December 19 05 19.05 19 40 l9.4ob
January 19.99b 19.44b
i Cottonseed oil closed dull. Bleachable
prime summer yellow unquoted. Prime
crude. 12.50b; March. 13.0ob May, 13.00b;
July. 13.00b; September, 13.00b.
b Bid
(New York Bank Stocks
on Page 2-X.)
I MORTGAGE
LOANS
FavorabU Rate
ran dezd or tbctt omit
GEORGE I. RORGER
MS bSlans An. M.W.
■Nsfl MM
2 .TRUST
"d NOTES
APARTMENTS*01*11* °N HOUSES
BUSINESS and INVESTMENT
PROPERTIES
^Aaokn Compaq^
aoj-iSdRw ka.6032
I MONEY
I i for construction loans,
r F H A. loans and
term loans from 3 to
5 rears in D. C. and
nearby Virginia and
Maryland.
REAL ESTATE MORTGAGE
AND GUARANTY CORP.
1610 K St N.W.
NAtionmi 1403
I Unsura nee) 1
} __\
I serve yea aieat elBeleatly. \
I We v are prepared U X -]
I « budret year Ineurenee W 1
1 east* and flauee rear I
y eremlimi. J
\ laveetleate this eervleel /
1.7001V St. w!wa Ml 36661
Wickard Predicts
1942 Farm Prices
Will Average Parity
Sees Evidence of Power
Of Adequate Production
To Prevent Inflation
Br thf Associated Press.
ATLANTA, Ga., Jan. 28.—Sec
retary Wickard said today it was '
the judgment of Agriculture De
partment economists that farm
prices in 1942 would average
“around parity,” a level which he
said Congress had established as
fair to both farmers and con
sumers.
Prices thus envisioned by the de
partment apparently would average
less than that possible under min-1
imum ceilings provided in price
control legislation pending in Con
gress.
Mr. Wickard said this forecast,
based on present supplies and pro
duction prospects and their relation
to the present demand, gave evi
dence of "the great power of ade
quate production to prevent infla
tion and all the evils that follow
after inflation.’’
Demand May Increase.
The Secretary, in addressing a
meeting of Southern farm leaders, i
said, however, it was possible that
the demand may increase and force
prices to a higher level than now
anticipated. The demand of Amer
ica’s allies for food will be governed
by shipping facilities, and at present
the United States is unable to sup
ply those countries with “all the
things we would like them to have”
because of the pinch in shipping.
Mr. Wickard urged fanners to be
satisfied with parity.
“If we take advantage of the sit
uation to profiteer, an angry' public
will rebel,” he declared. “Good wall
is one of the most precious commod
ities that farmers have to sell.”
Favors Price Ceilings.
The Secretary said he favored
price ceilings “when they are need
ed.” He added that he thought they
were needed now on “many farm
commodities” but did not name
them.
In emphasizing need for the
greatest production possible of food.1
Mr. Wickard criticized his own de
partment for adopting a “self
righteous attitude” toward agricul
ture’s productive accomplishments, j
The Pearl Harbor attack, he as-1
serted, wakened farm officials to the !
realization that “what we have done
is not enough.”
I. T. & T. Reports Growth
NEW YORK. Jan. 28 (/Pi.—The
International Telephone & Tele
graph Corp. reported today its sub
sidiaries in Latin America added
36.950 telephones to service in 1941
and its Spanish unit added 17,705
in the same period.
Chicago Livestock
CHICAGO. Jan 78 (United States
, Department ol Aanculture' —Salable boss
' IS.OOP: rota]. 22.500 mostly steady *!
thouth extreme too 15 lower: sDots. 5-ld
higher on butchers and sows: top, 11.85.
bulk. 180-30*' Dounds. 11.50-85: mostly
11 on up: food and choice. 160-RO pounds, j
II. 25-65: bulk, food 360-500 pound sows.
10 0(1-11.35 „ ,
Salable sheep 3 000: total. 3 200: late
Tuesday rat lambs steady to weax.
one double, strictly choice 98-oound Col
orados 12.50: aeveral decks and doubles,
good and choice, native and fed lambs.
12.25-35 aeveral strictly choice 114-pound
weights and seven loads medium to good
78-pound averages. 11.75: .choice fed
ewes, fl.75; todays trade: Fat lambs,
fairly active, strong to 15 higher: num
erous decks and loads, good to choice,
fed and native lambs, 12.35-50. fat
sheep, scarce steady
Salable cattle. 11.000: calves. 800; gen
eral trade considerably less active than
earlier in week receipts more liberal;
dressed beef market still sluggish: largely
steer run; steers and yearlings steady to
; 25 lower: mostly weak to 24 off on medium
! to strictly good 1.200-1.500 pound steers:
top. 14.7. > paid for choice yearlings: several
j loads. 14 00-50: medium weights up to I
13.90. but most weighty bullocks. 13 50 I
downward several loads 12.75^13.25 with 1
choice 1.44o pounds up to in.OO: com
mon and medium grades sharing weighty
steer downturn: these cattle turning at |
11 50 down to 10 no and below: stock cat- (
tie very slow, mostly 9 50-11.25: medium ,
heifers 25 lower but good and choice kinds
steady; best 1.3 65 but strictly choice kinds j
absent; cows slow, steady: cutters. 8.00
down: bulls and vealers steady; weighty
j sausage bulls to 10.40 and choice vealers I
I to 15.00. _
Private Forgets to Pass
Himself Out of Camp
Br the Associated Press.
SCOTT FIELD, 111.—Pvt. Harley
W. Pim handles all passes In his
outfit, and he knows his stuff, but...
One day he was In a hurry to
catch a bus, dashed off to meet It
and . . .
You guessed it—he had forgotten
to issue himself a pass.
Things Cun Be Overdone
NEW YORK <JP).—Samuel Seltzer.
Bronx . air-raid warden, wanted to
acquaint himself with the neighbor -
1 hood and found himself under ar-'
rest. He turned in a false alarm and
explained to the magistrate that ha
merely wanted to see how the fire
box operated. He drew a suspended
sentence.
-■ —.
„ / ARE YOU \
ADEQUATELY \
INSURED?
Rising costs make your
present possessions,
whether a house, furni
ture, or an automobile,
more valuable. It would
cost more now to replace
any loss than it would a
year ago Today. IN
SURANCE is important!
Tyler & Rutherford
INCORPORATED
Established 1872
LOANS
upon o plon proven
by sixty-two yeors' ex
perience. A flexible
long time contract ot
prevailing interest
rotes to buy, repoir,
refinance a home or
other property in the
District of Columbia
or nearby Maryland.
Save
Something every
Pay Day
Only $5 starts your ac
count, which soon grows
thru systematic regular
savings, plus liberal divi
dends credited semi
annually. Savings insured
up to $5,000.
Under supervision of the
United States Treasury
Washington Building
15th. $t. and Now York Avo*
i H
'
Mortgage Loans
HOUSES
APARTMENTS
BUSINESS PROPERTIES
Randall H. Haonkr St Company
^ l*CO«P©«ATfO
1321 Connecticut Ave. N.W. Telephone DEcatur 3600

Evening star. [volume], January 28, 1942, Page A-19, Image 21
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], January 28, 1942, Page A-19, Image 21 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], January 28, 1942, Page A-19, Image 21
About Evening star. [volume] (Washington, D.C.) 1854-1972