Newspaper Page Text
Capital Stocks Score i Substantial Gains In First Halt of 1946 By Edward C. Stone Striking price advances were scored by many issues on the Wash ington Stock Exchange in the first half year, bank and store stocks being among the outstanding leaders. American Security & Trust Co. stock moved from 295 to 340, a gain of 45 points this year and an advance of nearly 80 points from the low of last year when the stock sold at 257. Washington Loan & Trust Co. stock has moved from 310 to 358 this year. Union Trust sold at 165 re cently, up from 155 in 1946 and from a low of 112 last year. Riggs National issues have been strong and sev eral other bank stocks have regis tered advancing bids. In the public utility group, Capital Transit has climbed about six points this year. Norfolk & Washington Steamboat stock, at 211, is up six points and Washington Gas common is up about two points. Railway & Electric preferred’s last sale was at 129. Exceptional strength in store stocks has been shown, a move in Garfinckel common from 38 to 60; in Hecht common from 32% to 42%, and in Woodward & Lothrop com mon from 65 to 84. Peoples Drug common has also been strong going from 43 to 65% this year. While bonds also moved up during the half year, their advances were not as broad. Bank Officials Promoted. Directors of the Washington Loan ■t Trust Co. have advanced Ralph Endicot.t to the position of treas urer and Herbert W. Primm to real estate officer. Pour new officials were elected, Francis M. Wilcox, John L. Cain and Remick S. Ferguson being made as sistant treasurers and Frederick A. Genau assistant real estate officer, President Harry G. Meem an nounced today. The directors also approved the transfer of $500,000 to surplus, mak ing this account total $2,500,000. The board declared a 3 per cent dividend on the capital stock, pay able August 1. Mr. Meem stated that operations so far this year had been on a most satisfactory basis. Store Stocks Top May, 1945. Stocks of goods on hand in Wash ington department stores on May 31 were 10 per cent higher than stocks at the end of May, 1945, the Federal Reserve Bank of Richmond reports. Total receivables were 35 per cent higher than on May 31, 1945. Col lections during May were 53 per cent of bills due on May 1. Of in stallment receivables, 27 per cent were collected during the month. Sales were up 26 per cent in May and 19 in the five months of 1946. Real Estate Bonds Climb. Real estate bonds continued their upswing in June, for the 48th con secutive month, the Amott-Baker price averages of 200 issues reveal. The June gain amounted to 1 per cent and carried the price to $753 per $1,000 bond. This compares with $307 back in June, 1942. Business Briefs | Removal of Price Controls brought neither a buyers’ strike nor a rush to stockpile goods—Dun & Brad street. Preholiday trade was above the previous week and well above a year ago. Prices of seme items ad vanced but most stores made few changes. Bank Clearings in 24 leading cities rose to $14,203,929,000. a new peak for the year, during the week ended July 3, and were 34% above the like 1945 week—Dun & Brad street. Freight Loadings in the week ended June 29 totaled 879.545 cars, a gain of 2.5% from the previous week, but 1.6% below a year ago—Associa tion of American Railroads. Automobile Output in the United States and Canada was estimated at 46,810 units this week vs. 64,015 last week and 96,457 in the like 1941 week.—Ward’s Automotive Reports. Gasoline Stocks on June 29 totaled 92.333.000 barrels vs. 92,894,000 a week earlier and 86,145,000 a year ago—American Petroleum Institute. Manufacturers’ Shipments in April amounted to $9,900,000,000, a gain of $400,000,000 from the previous month—Census Bureau. The rise was due to expanding deliveries of consumer durable goods, notably automobiles. American Locomotive Co. stock holders will vote August 6 on pro posed issuance of $10,000,000 of prior preferred and $10,000,000 of convert ible second preferred to finance re demption of $20,000,000 of 7% pre ferred stock. Portland Gas & Coke Co. was au thorized by the SEC to sell $10,000, 000 of first mortgage bonds at com petitive bidding and $500,000 of f%% promissory notes privately. Virginia Electric & Power Co. was authorized by the SEC to sell $6, 500.000 of unsecured promissory notes bearing 1%% interest to a group of banks and insurance com panies. Tide Water Power Co. stockholders will vote July 15 on a proposed 4 for-1 split in common stock. Texas Co. received a $5,000,000 Navy contract for lubrication. It will require delivery of 28 different kinds of oils in 48 states. Florsheim Shoe Co. earned $708, 374 in six months ended April 30 vs. $503,735 a year ago. Zenith Radio Corp. reported a deficit of $169,506 for 12 months ended April 30 vs. profit of $1,559, 604 or $3.17 a share in the preceding fiscal period. Montgomery Ward & Co. sales in June totaled $75,427,667, a jump of 51% from a year ago; in five months ended June 30, $374,250,408, an in crease of 42%. G. C. Murphy Co. sales for June totaled $9,086,809, a gain of 9.7% from a year ago; for six months of 194.6, $48,380,417, an increase of 10%. McCrory Stores Corp. sales in June totaled $6,129,596, a gain of 10.8% from a year ago; in six months, $35,727,683. a increase of 11%. Davison Chemical Co. purchased Florida properties and related assets of Southern Phosphate Co. Stock holders of the latter firm will vote July 15 on the proposal. Twin Coach Co. elected John J. Lee vice president in charge of manufacturing. Aireon Mfg. Co. elected Gerald Preshaw vice president and treas urer. He was formerly with Douglas Aircraft Co. Bureau of Advertising of the American Newspaper Publishers’ Association appointed George G. Steele chairman of its retail com mittee. He is advertising manager of the Philadelphia Bulletin. Campbell Soup Co. appointed R. M. Budd advertising manager. He has been assistant advertising man ager. IN. Y. STOCK EXCHANGE (Furnished by the Associated Press.) Sales Stock and Add Net Dividend Rate. 00 Hlrh. Low. Close chge. (ABBOTT pt 4 4 112 111% 111% - % A C F-Brlll Mot « 14% 14% 14% - % Adams Exp 20e 7 21 21 21 - % Air Reduction! tx 3 53% 53% 53%+ % Alaska Juneau 3 8% 8 8 — % Alleghany Corp 14 6% 3% 6% — % Alleghany Cp pf 2 61 60% 61 -1% Alleg LudlumS 2 2 57 56 57 Allen Indust *.ig 3 25 25 25 +1 Allied Chem 6 ._ 2 204 203% 203% - % Allied Mills le.. 1 37% 37% 37%+% Allied Stores 3 xl6 51% 51% 51% + ** Amalg Leather. 30 11 10% 11 + % Amerada Pet 2 1 80% 80% 80% -1 Am Ag ChD 80e 1 50 50 50 -1 Am Airlines 25 16% 15% 16 + % | Am Bank Nt la. 3 41 41 41 + % Am Cable&Rad. 13 12 11% 11% — % Am Can 3 . _ 6 100% 100 100 - % tAm Can pf 7 - 60 208 207 208 +4 Am Car &Fd 3g 2 69 69 69 -1 Am Ch&Cbl 1.40 1 32% 32% 32%+% tAm Chicle 4a 70 156 156 156 Am Colortyp Vie 2 28% 28% 28% — »/a Am Distillers 2a 7 70% 69% 69% —1 Am Europ ,44e.. 1 23% 23% 23%+% Am Export L 18 25V* 24% 25% Am At Frn Pwr 15 9% 9% 9% — % Am&FPTpf 3Vik 4 125 125 125 +1 Am & F P 2d pf. 2 38 37% 37% Am Hawaii 83. 1 50% 50% 50%+ % AmHomeP2.40a 1 118% 118% 118% -1% Am Interntl ,20e 2 15 14% 15 AmLocoml.40a 6 37% 37% 37% — % Am Locom pf 7. 2 116% 115% 116% + % Am Mch&Fd 80 2 33% 33% 33% + % AmM&Fd pf3.90 20 105% 105% 105% Am Mch&Met 1 2 21% 21% 21% + % Am Metal t.. 1 40% 40% 40% tAm Metals pf 6 10 161 161 161 +1% AmMrfasses.GOa 1 17 17 17 — % Am News Vie 1 46 46 46 + % nui tunci a lh w *«/• AmP&L S6 pf.'ik 2 123% 123% 123% - % AmP&L$5pf 2 Vjk 2 112 112 112 Am Rad&Sn .40 25 20% 2074 20% - % Am RollMtllVie 20 39% 38% 39 - % tAm RM Pf 4% 140 1<£% 106 106 - % Am Smelt&R 2a 4 49% 68 68 - % tAm S&R Pi 7 240 190 189 190 +1% Am Rtl Pound 2. 4 46 45% 45% - % Am Stove 1.20 . 2 34% 34% 34% + % Am Tel & Tel 9 _ 12 198% 198% 198% + % Am fobac B 3a 3 95% 95% 95% — % tAm Tob pf 0 10 173% 173% 173% + % Am Viscose 2 4 68% 67% 67% — % Am Water Wks 5 25 24% 25 + % Am Woolen 3 62 61% 62 + % Am Wool pf.SVik 1 171% 171% 171% + % Am Zinc ,10a 4 12% 12% 12%-% Anaconda 274 . 12 48 47 47%—1% tAnacon W&C 1 20 55% 55% 55% + % Anderson Cl.00 2 61 61 61 + % Andr PrchO Vie 2 24% 24% 24% — % Archer-Danl .80 7 36 35 35 —1% Armour & Co 41 17% 16% 16% — % Armour pr pf8k 4 135% 135% 135% ♦Armour pf 10 169 169 169 +1 Artloom Cd .40 . 2 26% 2674 26% — % Assd Dry Goods 6 29% 28% 28% — % ♦ A5S0 DG 1st 6 40 149 149 149 +3 AT Fine Vie 8 25% 25% 25% - % Atch T & S F 6 2 117 116% 116% - % Atl Coast Line 4 1 78% 73% 78% — % . Atl Refining ]1 j 19 49% 4874 49%+ % tAtl Refing pf 4 1 124 123% 124 Atlas Corp 74 4 2774 2774 27% tAtlasPwdi 1 tie 70 78 76% 76% — 2% Austin Nichols 1 22% 22% 22% — % Autocar Co 2f . 2 33% 33% 3374 + 74 Aviation Cp .10c 36 10% 10 10 — % BALD LOCO 74e 10 3 274 3 2% 32% Balt & Ohio 22 27% 267a 27% + % Balto & Ohio pf 2 38 37% 37% - % Barber Asphlt 1 4 57 5674 57 + H Barker Bros la. 1 39 39 39 +% Barnsdall .80 1 287a 28% 28% - % Bath Iron Wk 4 5 29 28% 29+74 BeatFoods 1.4oa 2 67 66% 6674— % fBeatFood pf4t'«260 119 118% 118% + % ♦ Beck Sh pf 4 50 105% 105% 105% - % BeechAircrft 1 g 1 2 2 74 2 274 2 874+% ♦ Beech Creek 2 40 41% 41% 41% Belding Hm .80. 5 26 26 26 Bell Aircraft le 3 25% 25% 25%+ % Bell & Howell Vi 1 2974 29V* 29% - % Bendix Aviat le 6 48% 48 48 — % Best Foods 1 20 x 6 31 3074 30%+% Beth Steel 0 4 111% 11074 111% + % Blgelow-Sanf 2 1 73% 73% 7374 —2% Blaw-Knox .60a 5 2874 2874 28% - % Bliss EW 4 3174 31 3174- % Bliss E W pf 2>i 1 55 55 55 -1 Boeing Alrp le 1 26% 26% 26% ♦ Bon Ami B 2% 50 69 68 69 +1 Borden Co le 4 53% 53% 53% — % t Borg-Warn 1 60 3 55 54% 54% — % Braniff Air .60 3 25% 2574 2*74 Bridgept Brs .60 4 17t/a 1774 1774 + % Brlstol-Myr Poe 1 5574 55% 5574 - % Bucyrus-Er 30e 7 2 374 2 3 2 3 - T» ♦Bucyrus pf 7_ 10 126 126 126 +2 Budd Co 105 1774 17 17 - % ♦Budd Co Pf 6 . 40 97% 97 97% +1% Bullard Co 2 1 42 42 42 -1 BuiovaWatch 2a 2 51 50% 51 — 74 Burling Mills n 33 26% 25% 26 — % Burl Mis cvpfil'i 4 112 111% 112 Burr Add M 60 18 2074 20% 2074 + % Bush Term 35e 2 1274 12 12 - 74 ♦ BushTB Pf2%k 20 92% 92% 92% Butler Bros ,86e 2 35% 35% 35% + 74 Butte CP&Z lie 3 7% 774 774 - 74 ♦Byers A M pf 7. 20 110% 110 110% +2% 1 Byron Jack la 1 35 35 35 CAL PACK 1 Vi. 1 44% 44% 44%+% Callahan Zinc . 1# 5% 5 5 -• % tcan Dry Df 4 Vi 50 139% 139% 139% +2% Calumet A Hec 5 9% 95b 9% - % Campbell WyVie 1 35% 35% 35% - % Canadn Pac Vie 34 19% 19% 19% + Vi Cannon Mills 2 1 70 70 70 -1 Cap Adm A ,40g 2 18% 18% 185b - % ♦Cap Adm pf 3. 20 57 57 57 +1% ♦Caro Cl&Oh 5 120 135% 134% 134% + % Carrier Corp 3 29 29 29 CatrierCorp pf2 2 58% 38% 58V. + % Carriers&G ,20a 3 9% 9% 9% — % Caterpillr Tr 3 2 78% 78% 78%-% I Casei JI)C 1.60e 3 50% 5054 50%-% ♦Case J I pf 7 10 168 168 168 -1% Celanese Corp 2 4 70% 70% 70% + % Celotex Corp V2a 5 34 34 34 — % ♦Celotex Co Pf 1 170 22% 22% 22% + % CentAeuirre 1 Vi 5 26% 255s 26 + % Cent Foundry 10 16% 16% 16% — % CnHudG&E ,3Se 1 11% 11% 11% CentViolSugl Vie 2 38 37 37 -1% Century Rib 60. 1 20 20 20 - % CerrodePasle 2 45% 45% 45%-% Certain-teed.15e 10 24% 2454 24% - % Checker Cab 1 29 29 29 + % Ches* Ohio 3b 8 64 63% 64 + % ChiMSP&P pffie 6 62 62 62 Chi S East 111 . 6 11% 11% 11% Chi &E 111 Ale 1 18% 185b 18%-% Chi Great West 1 12% 12% 12% Chi Grt West pf 1 21% 21% 21% + Vi Chi M SPAPac 5 27 26% 26% - % Chi & Nor West 7 34% 34% 34%+ % Chi & NW pf 6 62 61% 62 - % Chi Pneu Tool 3 31% 31% 31%-% tChl PnuT pf2Vi 20 62% 62% 62% -1 Chlckasha 1 __ 20 23% 23 23 + % Childs Co* ... 4 95a 9% 95b - % ♦ Chile Cop 2a 40 45 45 45 - % Chrysler Corp 3 6 128 127 127 - % C I T Plnance 2 4 55% 55% 55% - % Cln Mill M TOe 2 38 36% 38 + % City Ice&F 1.60 7 345b 34% 34% - % City Invest 6 15% 15% 15% + % ♦City Inv pf 5V2 1 103% 103% 103% + % City Stores 1 5 315b 31% 31% - Vi ♦CCCSStL pf 5 10 107 107 107 -1 Climax Mol 1.20 6 34% 34 34% + % I Clinton Indust 1 9 34 335i 33% - % ; TCiuett-Peb pf 7 10 159% 159% 159% -1% I Colgate Pm-P la 5 52% 52% 52% ColFuel&Ir ,30e 12 17V. 165a 165a - % Col FuelSIr pf 1 3 20% 20% 20% - 5b Colum Br A ROe 2 385a 385b 38% + % Colum Br B 80e 1 38% 38% 38% + % Col Gas&El 20e 37 12% 12 12 Colum GSE PfS 1 111 111 111 Colm Carbl ,40a 2 39% 39% 39% Cornel Credit S 4 55% 55% 555b + % tComl Cr Pf3 60 20 122 121% 122 +1 ComclSolvn.eOa 7 29 29 29 comwl Edls 1.40 11 36 35% 35% - % Comwl & South 449 5 5 5 Com&So pf 6V«k 5 125% 125 125% + % CcmdeNastle 1 62% 62% 62%+1% Congoleum-N la 6 36% 36 36 + % Cons Cigar 2 1 55% 55% 55% +4% ConsCopper.lOe 6 85b 8% 8% - % Cons Edisn 1.60 18 33% 33% 3354 Cons Laundry 1 1 19% 19% 19% ConsNatGasla 2 53% 53% 53% - % Cons RRCuba Pf 1 33% 33% 33% - % Cons Vultee 2 1550 24% 24% 24% + % tConsumP pf4 % 60 113% 112% 113% + % Container Cp 2a 3 525b 52% 52% — % Cont Baking V'2e 33 195b 18Jb 19% + % Cont Can 1 7 485a 48 48% + 5b Cont Insurnce 2 2 55 54% 55 — 54 Cont Mot ..'Soe 8 17% 175b 175b- % Cont Oil D! 1 00 7 46% 46% 46% Curt Steel 40e 1 22% 22% 22% Copperw Stl.80 3 19% 19% 19% - % ♦Corn Exc 2.40 160 61% 60% 61% + Vi Corn Prod 2.60 5 64% 64-% 64% -t- % tCorn Prod pf 7 10 205 205 205 +2% CornellD El .80 1 21 21 21 tCornlng pf 3 Vi 50 108% 108% 108% Coty Inc 20e 10 11 1054 11 - % Coty Internatl 1 5% 5% 5% — % Crane Co la 1 47% 47% 47% - % ♦Crane Co pf3’/« 1 107% 107% 107% - % Crown CkS2pf2 2 52% 52% 52% - % Crown Zelll.20 4 34% 33% 34%-% Crucible Stl 2g 2 52% 52 52 — % Cuban-A Sug Vie 2 26% 26% 26% - % Cudahy Pk 1.20 2 60 59% 60 Cudahy P pf 4 Vi 1 104% 104% 104% - % Curtis Publish.. 7 17% 17% 17% tCurtis Pub pf 20 140 140 140 Curtis P prpf 3a 3 74% 74% 74% Curtlss-Wright 27 7% 7% 75b Curt-Wrlght A 12 20% 20 20% - % Cutler-Ham SOe 1 39% 39% 3954 - % DAYTON R ,«0e 1 30% 30% 30% + % Deere S Co 1 Vig 1 54% 54% 54% - % Deere pf 1.40 4 41 41 41 + % Del S Hudson 4 3 45 45 45 - % Del Lack S Wn 2 12% 12% 12% + % Det Edison 1.20 4 27% 275b 275b DevoeAtR A 1.20 1 34% 34% 34*- % Diam Match 1 >/2 2 44% 44% 44% Diam Mch pfl Vi 1 48% 48% 48% + 5b Diet Cp-Sgrm 20 245a 24% 245b - % Doehler-Jarvs 1 1 34% 34% 34% -1 Dome Min hl.20 4 24% 24% 24% Douglas Alrc 5g 5 85% 84 84 —2 Dow Chemical 3 1 181% 181% 181% + % Dresser Indust. 3 25% 25% 25% — % Du Pont 3e3 218% 218% 218% +5% EAGLE-PIC.40e 1 28% 28% 28%- 5b Eastern Air L % 5 25% 25% 25% - % East Sta Stl Vie. 1 575b 575b 575b-1% EastmanKdk 6a 3 243 241 241 -2 Eaton Manufg 3 3 60% 60% 60% - % Ekco Prod ,90e_ 1 45% 45% 45% Elastic Stop Nut 3 12% 12 12 El Auto-Lite 3.. 7 69% 69 69% - % El A M tad ,08e. 12 5% 5% 5% - % El Power At Lt 14 27 26% 26% - % El PAL $6 pf 3k 5 165 165 165 El PALS7pf3V2k 12 178 176 177 El Storage B 2.. 1 53% 53% 53% - V. 6alea-r StocK and Add Net Dividend Rate. 00. High. Low. Close, chge. El Paso NO 2.40 8 52% 51% 52% + % El Paso N O rts.106 1% 1% 1% Emerson El M „ 6 22% 22% 22%-% EmrsnRAPOOa 1 32 32 32 Engineer Pub 8 8 35 34% 35 tEng P 8 $5 of 5 SO 105% 105% 105% - % ♦Eng P 8 01 5% 440 110 108 108 -2 ♦Eng P 8 Df 8 — 40 108% 108 108% - % Eautt Offlcc B *. 59 2% 2% 2% + % Erie F R 1 .8 17% 17 17% - % Evershrn 1,20a_ 1 48 48 48 Ex-Cell-O 2 fiO 1 58% 58% 58% + % Exch-Buffet fin 4 10% 10% 10% - % FARNSWORTH 4 14 13% 14 + % Ped Mot Tr 4da 1 18% 18% 18% - Vi Federat DS 1'ae 2 72% 72% 72% Fed D S 01 4% 10 106% 106% 106% - % Fid Phoenx F 2a 1 58% 58% 58% - % First Nat Str2% 1 60 60 60 -1 Firth Carpt liOe 3 27% 27 27 - % Pllntkote 30e 5 40% 39% 40% + >/, Florida Pw 40e 12 19% 19% 19% F!0T5heim n.40e 2 27% 27% 27% + % Food Fair 8t .40 6 19% 19% 19% - % Food Mach FOe 1 91% 91% 91% +1 tFOStr W of 1% 110 26% 26 26 - % Francisco Sugar 7 29 28% 29 — % Preeport8ul 2% 1 59 59 59 + % FniehaufTra %e 2 45% 45% 45% ♦Fruchauf T Pf4120 111 111 111 OAK ROB .30c 13 10% 10% 10% - % GalrRpfl.20. 1 20% 20% 20%+% Galvin Mfg .30. 1 18% 18% 18% + % Gar Wood Ind . 8 14% 14% 14% - % Gaylord Cont 1. 1 21 21 21 GenAmInv3.O0* 2 20% 20% 20% — % GenATrni2V4 5 66% 66 66 Gen Bakina 80 12 13% 13% 13%+ % ♦Gen Bkc pf 8 . 20 194 193% 193% -2% Gen Bronze.80- 2 24 ;4 24 + % Gen Cable ... 19 12% 11% 11% - % Gen Elec 1.80 49 46% 46% 46% — % Oen Foodsi ,60a 5 54 53% 53% - % Gen Mills’% 41 45% 44% 45%+ % ’Oen Mills pf 6 10 131% 131% 131% ’Gen Mills of3% 1 118% 118% 118% Gen Motor lV4e 2 3 70% 70% 70% - % Gen Motor pf 5 x 1 129% 179V* 1'9% +1% Gen Out Avt Vie 1 25% 25% 75% — % Gen Precision 1 2 31% 31% 31% + % Oen Public 8vc 1 5% 5% 5% + % Gen Public Util 26 2C% 20% 20% GenRySIcn lVie 1 44 44 44 Gen RenltTA-Ut 5 8% 6% 8% - % GenRefract ,40e l 33% 33% 33% - % Gen Shoe fiOe 8 40 40 40 tGenStiCas pf.lk 30 122%122 122 - % Gen Telphnl fill 1 43% 43% 43%—Hi Gen Tire A R 1 3 55 54% 54%-1 Gillette Saf R 2 x 4 39 38% 38% - Vi Gimbel Br .OOe 1 60 60 60 — % Giidden Co 1.00 4 51 50 51 Goebel Brew 20 5 7% 7% 7% tGold StkTel fi. 1 135 134 135 +1% Ooodati San 1 % 1 42% 42% 42% — % GcodrlchBFl’je 6 75% 75 75 — % Goodyear 1 Vie. 8 66% 65% 66 - V* Graham-Palee 29 11% 11% 11%+ 1/, Granby Cons U 1 9 9 9—14 "ranlte Cite 8;l 5 22 71% 27 - % Grant (W Til 2 35% 35% 35% - % Gt No 1 O Ctl Vic 3 19% 19% 19% + % Gt Nor Ry of 3 4 61% 61% 61’% — % Gt Wst Sue 1 20 3 32 3’ 32 + % Green HL 3a 1 86% 86% 86%-2% Greyhound I 40 17 48% 48 48% Gruman AIM %e 5 47 46% 46%-1% Guantanamo Sc 2 10% 10% 10% - % 3uJf MoblleAOf 1 21% 21% 7i % - % GulfMAOpffi 1 65 65 65 Gulf Ol' la7 74 73% 74 + % HALL PRINT la 1 46 46 46 + ■ 4 HamilWtch ,30e 2 23 22% 225«- % Harb-Waiker 1 5 32% 32% 32% ’Hat Corn pf4V4 40 101% 101% 101% Hayeslndust %e 2 17% 17% 17% - % Hayes ManOfa 4 11'% 11% li'%- % ♦Hazel-Atlas 8a 90 175 174% 175 +1 Hecht Co ! .00 x 1 42 42 42 + % Helme G W 4 2 82% 82% 82% Hercules Pdr Vie 4 66% 64% 66%+1% Hershey Choc 3 1101 101 101 +1 ’HershChcvof4» 20 144% 144% 144% + % Hewitt Robins 1 1 33 33 33 -1 HlndeADPlVie 1 41% 41% 41%+1% Hires CE 1.20 . 1 31% 31% 31% Holland Furn _. 1 34% 34% 34% Homestake ode 19 46 45 45% - % v’ond-Hrrstiay 3 23 23 23 - 14 HousehoIdFl 00 1 35% 35% 35%+ % HoustLAP 3.P0. 1 91% 91% 91% - % Houston 011 10 25% 25 25V% + % Hudson A Man 5 8% 8% 8% - % Hudson Bay h2 4 37'% 37% 37V4 - % Hudson Mot 40 13 29 78% 28% - % Hunt Foods_ 3 46% 46% 46%+ % Hupp Corp 12 9% 9% 91% IDAHO PR 1 80 6 41% 41 41%+ % til Central 8 40 40 40 — % III Terminal PR 2 11% 111% 11%+ t% rndnla P-L 1 20 3 32% 32 32% - % Industrl El Mex 1 16% 16% 16*% - % tndust Ray 1 V4. 4 49 48% 48% - % Inland StI ,40e. 2 41% 41% 41%-% insDtr Copper 1 1 21 21 21 — % Insuran ctf.20a 7 e% 8% 8% - % Insurash Ctf rts 80 % % s% Intercn Rub 35e 1 9% 9% 9% fnterlake ir Vic 13 17 16'% 16'%-% Tnt Bus Meh fib 1 247% 247’% 247% - % tnt Harvs 2.80a 5 96% 96% 96% - % ♦Int Harvs of 7 80 197% 197 197 - % int Hydro El A 4 12% 12% 12*% fnt MlnAChm 1 34 36% 36% 36% Int MinACh pf+ 1 99 99 99 tnt Minin* 5 8% 8% 8% tnt Nickel 1.80. 30 39% 38% 38% - % Int Paper 2 .. 17 47 46% 46%+ % Int Paper pf 5.. 3 118 117% 118 + % rnt Ry Cent Am 1 24% 24% 24% tint RCA pl.lVik 130 124% 124 124 - % Int Shoe 1.80 4 47% 47% 47% - % Int Silver new I 5! 54 55 +2 int Tel A Tel 17 73% 22% 23% + % tnterst D 8 1 40 6 42 41% 41% — % 1ACOB6 20a 1 17% 17% 17%+ % Jewel Tea 70e 7 52% 51% 51% - % tJewelTea pf4Vi 10 113% 113% 113% + % Johns-Man l’ie 1 150 150 150 Johnson A J 20 2 62 62 67 + u, Jones A L 8tl 2 14 50’ i 49% 49% - % 'ox Manuf* 80a 1 32 32 32 Kayser (J) 40e 1 21 21 21 Kelsey-Hy A 1% 1 32% 32% 32% Kelsey-H Wh B 1 23% 23% 23% - % Kennecott C le. 10 58% 58% 58% 'Koppers of 4% 20 107% 107% 107% + % Kresee 8 S .70e 10 41% 41% 41% Kresee D 8 Via 1 20% 20% 20% + % Kress (SH) 2a. X 1 57 57 57 Kroger Co 22 58 58 58 LACLEDE G.20e 15 7% 7% 7% _ % Lehigh C A N 1 . 13 14% 14% 14% Leh Valley Coal 7 4% 4% 4% Leh V Coal lpf3 1 29% 29% 29% - % Leh V Coal2pfVi 2 11% 11% 11%+ v* Leh Valley R R 3 13 12% 12% - % Lehman C 6 05e 2 57 56% 57 + % LehnAP1.40 . 1 29% 29% 2914— ^ Lerner Stes lVi. 2 37% 37% 37%-% Llb-o-F Olasa 1 4 65% 65% 65%+ % Lib McNAL ,60e 8 13% 13% 13% - % Lie* A Myer 3a. 1 96 96 96 - % LleeettAM S3 a. 1 95% 95% 95% - % Lima Locom 2a. 1 69% 69% 69% + % Link-Belt 2 .. 7 62% 62 62 + % Lion 011 1.40 4 42% 42% 42%+% Liauld Carbonic 2 36% 36% 36% Lockheed Aire 2 10 37% 32% 3”% - % Loew’s Inc lVia 7 35% 35% 35% - 14 Long-Bell L.12k 3 30% 29% 30 Lorillard P 1 1 26% 76% 26% ’Lorillard of 7 10 191% 191% 191% Lou G&E A 1 Vi 2 79 29 29 Lowenstein AS 2 36*4 36*4 36% + 1, Lukens Steel . 1 24% 24% 24% - *4 M'AND&F 1.45e 4 40% 39% 39% — % Mack Trucks le 1 71% 71% 71%+ % Macy(RH)! 60a 7 37 56 57 +1 Macy RH pf 4Vi 2 110 110 110 Magma Copr %. 1 28 28 28 Mandel Bros_ 1 21% 21% 21% - % Manhatn Shr la l 41% 41% 41% - % Msracalbo 07e. 2 6% 6 6 - % Marine Mid .30. 22 9% 9% 9% - % 'Mark St Ry pr 10 15% 15% 15% Marshall Fid 2a 5 49 48% 48% - % Martin Oleno 3. 1 40% 40% 40% - Vi MartlP-Pary.80 5 28% 28% 28% - 14 Masonite 1 . __ 3 67% 67 67% + % Mathieson Aik 1 5 35 35 35 'Mathieson pf 7 20 203 203 203 +2*4 May Dept Strs 2 2 57 56% 56% Maytag Co 2 15% 15% 15% - U 'Maytag lstpf 6 10 112 112 112 +1 Maytag pf l'/ak. 2 54% 54 54% + 34 McCall <~orp 2a 1 58 58 58 — 1/ McCrory Strs la 3 37% 37 37 McGraw Hill >ie 2 39% 39% 39% - w, McKrss*.R 1 80 4 53 53 53 - 14 McLellan Strs 1 4 *9% 29% 29% - 14 McQuay-Norrisl 2 34% 3 4 Vi 34% + 14 Mead Coro 40e 5 24% 2414 24% Melville Shoe 2 4 57 56% 56% - 14 Meneel Co 40a 10 30% 30% 30% -114 'Mengel K pf?% 20 90 90 90 -3 Mercant Strs 1_ 7 32% 32 32 — 14 Merck & Co 1 _ 2 65% 65% 65*+ + 14 Miami Cop V4# 5 16% 16 16% — 14 Mid-ContPet %e 3 42% 42% 42% - u 'Midin Stl 1st 8 10 172 172 172 Minn Hpf3.20 200 118 118 118 Minn Moline 5 18% 18 18% + v M8tP&S8 A2%e 3 17% 17% 17% - '4 MinnMng&Ml. 8 52 51 51 + 14 Mission CD l%g 1 42% 42% 42% - 14 Mo-Kan-Texas. 3 12% 12% 12% - «/ Mo-Kan-Tex of 3 41 41 41 Mcjud Hose new 2 22% 22% 22% Monsanto Ch 2a 1 167 167 167 Monsanto pf 3y4 10 135 135 135 Montgm Ward 2 9 92% 92% 92% Moore McLln 1 22 26% 26 26% + VI MooreMcLpf2%. 2 57% 56 57%+414 Motor Products 3 30% 30% 30% Mueller Br 1.60 3 60 59% 60 Munslngwetr 1 22 22 22 Murphy G C 1 . 2 42% 42% 42% - 14 'Murphy pf 4%. 70 110 109 110 +1 Murray Corp 5 17% 17% 17% - 14 MurrayCorp pf2 1 49% 49% 49% NASH-KELV % 10 72% 22% 22% - 14 Nat Acme 2 2 39% 39 39 Nat Airlines 4 28% 28% 28% + VI Nat Auto Fib 60 2 18% 18% 18% + 14 Nat Aviation Vie 1 22% 72% • 2% Nat Biscuit 1 20 9 33% 33% 33% - ‘4 Nat Can 2 19% 19 19 Nat Caah Regia 3 43% 43% 43%+ 14 Nat Contalnr lb 1 35 35 35 - 14 Nat Daily 1 40 7 42 41% 41%-1'/ Nat Dept Strs 1 1 32% 32% 32% + V Nat Distillers 3a 23 93% 92% 93 + V Nat Oxosum Via 30 28% 28 28 — >4 Nat Lead %a 6 37% 37% 37% - '4 Nat Power * Lt 45 10% 10% 10%+ V Nat Steel 3_ 3 100% 100% 100% Nat Supply . 15 21 20% 20% — >/ 'Nat Sud pt 4% 40 104% 104% 104% - V Nat Sp$2pl3'.ik 2 27% 27% 27% Nat Tea 80 3 37 37 37 - >/ NatVulcPl 40a 1 22% 22% 22% Natomas Co %e_ 2 12% 12% 12% - v Nehi COT- .80 2 27% 27% 27% - \ Newport Ind.60e 4 43% 43 43 Sales— Stock and Add Nat Dividend Rate. 00. Hlth. Low. Close, chie. tNportlnd p!4V« 30 10a 108 108 Nwpt N ShPDd'Ja 5 28% 28% 28% 4- % NY Air Brake 2 1 61 61 61 4-1 NYCentRR. 36 25% 25% 25%-% NY Dock. ... 1 36% 36% 36% 4- % ’NY PAL Pt3 80 3 108% 108% 108% 4- % NY Shlpblds %» 3 19% 19% 19% - % ’Norl&WstnlOa 110 264 262% 264 4 % No Am Avlat Is 2 14 13% 13%-% No Am Co 1.35f 8 3J»/b 33% 33%-% North Pacific le 16 30% 29% 29% - % NorthwstAir Vie 2 43 42 42 -l ’Northwn Tel 3 120 JO 50 50 - % Norwalk TR Vie 2 16% 16% 16% - % Norwich Ph 60a 2 21% 21% 21% - % OHIO OIL %l 24 28 27% 27% - % Okla CAE pi .80 1 22% 22% 22% ’Oliver pi 4% 1 114% 114% 114% 4- % Omnibus Corn 1 3 14% 14% 14% ’Omnibus pi 8. 10 119% 119% 119% +1% Otis Elevat 40s 2 36% 36 36 - % PAC A FISH le 2 16% 16% 16% + % Pac Oas A Elc 2 11 45 44% 45 Pac Lighting 3 2 65 65 65 Pac Mills Vie . 3 40% 40 40 - % tPac T & T 3 Vie 20 156% 156% 156% - % Packard Motor. 44 10 9% 9% Pan Am Air Vie. 28 19 18% 18% 4- % PanhanEPL 2Vi. 6 51 49% 49% -1% Panh PAR 20g 13 10% 10% 10% ParamountPic 2 15 71% 70% 71% — % Park Utah ,10e. 13 5% 5% 5% Parke Davis le 4 46% 46% 46% 4- % Parker-RustlVi 1 31% 31% 31% 4- % ParmeleeTr 1.20 2 19% 19% 19% — % Patino Min ,85e 2 19% 19% 19% 4- % Penney (JC> ,70e 9 51% 50% 51% + % Penn-Dix Cemnt 7 28% 27% 28% 4-1% Penn P & L 40e 9 22% 22% 22%-% Penn R R 1 Vie . 24 41% 40% 41 — % PeoplesGLAC4a 4 109 109 109 4- % Pepsl-Cola ,70a 23 32% 32% 32% - % Petrol Corp 20e 5 12% 12 12% 4- % PletlTer BrewVie 1 14% 14% 14% Pllzer.Chas Co 2 2 70% 69% 70% 4-1% Phelps Dg I .fid 11 44% 43% 44% 4 % tPhlla Co 0 pi 3140 75% 75% 75% 4- % ’Phil Co SO pi 0 40 112% 112% 112% 4- % Phila Elect 1.20 14 29 29 29 Phlla El *1 pi 1 3 32% 32% 32% 4-1% PhllARdgCAIVie 4 15% 15% 15%-% Philco Corp.OOa 4 34% 34% 34% Philip Mors 1 Vi 18 48% 48 48% 4- % Phillips Petrol 2 2 70% 70% 70% - % Pitts CkACh Vie 3 13% 13% 13% 4 % Pitt Cons Cl 40 3 25 24% 25 4- % Pitt PI G1 .80 1 40% 40% 40% Pitt Scr A B .40 7 11 11 XI _ % Pitts Steel 1 173/4 17% 17V4 4 % tPltStl prpf2%k 10 89 89 89 4- % Pittston Cc 1 28 28 28 4- % Plough new .60 1 21 21 21 + % Plymouth Oil I b 3 27 27 27 — % Poor & Co B Vie 6 20% 20% 20% — % Pressed Stl Car 3 23% 23% 23% — % ProcterAOam 1 6 66% 663% 66% — % Pub SvcCol 1.65 4 40 39!/« 39% Pub Svc N J Vie 10 27% 27 27 — % ’Pub SvcNJ pI8 260 135V4 133% 135% +1% ’ Pub SvcNJ pi? 20 121% 121% 121% - % ’Pub SvcNJ plO 240 116% 115% 116% 4- % ’Pub SvcNJ pI5 60 109% 108% 109% + % IPubSEIGpIS 10 114 114 114 Publlcker Ind 2 58 56% 56% -13% Publlcker of 4 % 1 103% 103% 103% 41% Pullman le .... 8 62% 62 62% Pure Oill 21 26% 26% 26% - 14 ! PurityBa 1,60a. 3 36 35% 35%—% I QUAKER SOI 1 23% 23% 23% RAD-’O CP .'lOe 48 15 14% 14% - % Ra-Kth-O 1.30 9 21% 21% 21% + % vRalston pf :t\ 50 110% 110*, 110% Rayonier Inc 1 27% 27% 27% Rayonier pf 3 1 38 38 38 Reading Co 1 1 27 27 27 — % tReislstp! 50 113 112 113 +1 Reliance M 30e 2 24 24 24 (Reliance pf :t% 30 96% 96 96% + % RemingRan.Hob 7 49% 49 49 - % Repub Avia ’ie 4 20 19% 19% — % Repub Pictures 8 12% 12% 12% Repub Piet pf 1. 12 18% 18% 18% Repub Steel 1 12 38% 38% 38% + % Revere Copper 7 28 27% 28 - % Reynolds Metals 2 35% 35% 35% (Rey Met pf 5% 50 123 123 123 + % Reynolds Spring 1 22% 22% 22V* — % tRynlds T 1.40a 30 48% 48% 48% -1 Rey TobB 1,40a 4 44% 44% 44%+% Rheem Mfg 1 8 35 33% 35 + % Richfield Oil 80s 2 18% 18% 18%+ % Re-an Antelope . 3 10% 10% 10%+% Ruberoid Vie 1 54% 54% 54% Ruppcrt (J) Vie 1 31% 31% 31%+ % SAFEWAY ST 1. 4 32% 32*+ 32%-% , SavageArms >2 4 14% 14% 14% - % 'Schenley Distl 2 12 87% 87 87% - % Scab Air L R R 1 34% 34% 34% — % Seaboard Oil 1 1 35% 35% 35% — % Sears Roebck 1 a 49 44% 441+ 44*/, Seecer Sunbeam 5 21% 21% 21% + % Seiberl Rub 'ic 2 21 21 21 — f+ Servel Inc 8 20% 20% 20% + % (Servel pf 4'2 40 112% 112% 112%+1% Shamrock 4o 3 26% 26% 26V*— % Sharon St! .fiOe 5 36% 36% 36% ShattuckFGl 3 24 23% 23%- % Shell U Oil 1,2e 2 41% 41% 41% - % Silver King Col 1 11% 11% 11% Simmons Co V2e 3 51 51 51' - % Sinclair Oil 1 29 19 18% 19 Skelly Oil 1 e 3 80% 80% 80% Sloss-Sheffield 3 23 23 23 Smith A&Sn 80 3 51 50 50 -1% Socony-Vac ’ia 75 18% 17% 17% SouAmG&P loe 6 6% 6V+ 6% - % So P Rico S 4e . 2 55% 55»e 55*+ - % Sou NatGasl'* 4 31% 30% 31%+1 So Pacific 4 7 65% 65% 65% + % Southern Ry 0 11 61 60V. 60% - % Southern Ry pf5 2 89 89 89 Spald & Br 40e 12 24% 24 24 - % SparksWith.V'Og 2 10% 10% 10*4+ % Sperry Corp 3,e x 7 31 30% 30% - % Spicer Mfg 8 x 1 83 83 83 +1% Spiegel Inc 9 30* a 29% 29%-1 .Spuare D .20e _ 1 22% 22% 22% - % Soulbb&Sons 1 2 43 42% 42% — 1%! (SquibbiS pf 4 40 115% 115% 115% +1% I Std Brands 1 (Hi 2 47 47 47 + %; Std Gs&El 54 pf 4 50% 50 50 Std G&ESTpr pf 5 141% 141 141 Stand 0)1 Cal 2 13 55% 54% 55% Std Oil India 7 46% 46% 46*+— % Std Oil NJ la . 18 78 77*+ 77*+— % Std Oil Ohio 1 15 29% 29% 29%+ % Std Stl Spng %e 3 20% 20% 20% Sterling Drug •: 3 56V2 56% 56% — % j SterlingD pf 3'i 1 108% 108% 108% + % Stewart-Warn12 6 23% 23% 23%-% Stokley-Van Cm 2 35% 35% 35% Stokley-V C pf I 1 21% 211+ 21% — %l Stone <fc Web 1 g 4 21 20% 208+— % Studebaker Vie 12 36% 36 36 — % Sun Chem 30e 5 20% 20% 20% - % Sun Oil 2 75% 75% 75% + % tSun Oil pf A41 i 50 122% 121% 122%+2 8unray Oil 15e 26 12% 12 12% Sunshine B 1 Vie 3 53% 53% 53%+% Sunshine M .4(1. 6 20% 20% 20%+ % SuperSteel 1.20. 1 51 51 51 + % Suther Pa 1.00 1 44 44 44 - % SwiftACo 1.00a 13 40% 39% 40%+% Swift Inti 1.00 4 33% 33% 33% + % Sylvan El P pf 4 2 108 107% 108 + % Symlng-Guldlgg 1 12% 12% 12% - % TALCOTT ,00a 1 16% 16% 16% Telautogrph .40 1 10'% 10% 10% - % Texas Co 2a 7 645% 6414 64% - % Tex Gulf Pr.loe 2 16% 1654 16'%- % Tex Pac CAO 1 2 30 29’i 29% - 14 Tex Pac LT.l.ig 7 22J% 22'% 22'% - '% Thatcher Mfg 1 44 44 44 j'Thatc cvpf2.40l50 6iy, 61 61'%+ '4 The Fair ’<e 1 23'i 23% 23%+ '% Thermoid Co .00 1 15% 15% 15% - % Thompson JR I 1 19 19 19 - % tThomp Pr pf 4 40 111% 111% 111% Thom-Starrett 1 10 10 10 Thom-Starr pf 2 54 54 52% -3 TideWA Oil.HOa 6 23% 23 23% - % Timk-Det Axle 8 26% 26% 26% Timk R Bear’.e 2 57% 57% 57% — % Transamer Via 3 20’% 20% 20% — % Trans* WstAir 12 49'% 49 49% — >% Tri-Cc-nt Cp.20g 7 10'% 10% 10% - % 20th Cen Fox _ 6 545% 53% 54% + % 20thC-Fx pfl'j. 1 67% 67% 67%+% Twin City RpTr 2 19% 19% 19% - % tTwin Cty Pr2'.il60 59 58’A 58% — % Twin Coach5 20% 20'i 20% + % ON A&RUB 70 1 19 19 19 - % Un Bag & P ,60a 1 36% 36% 36% - % Un Carbide 3 9 113% 112% 112% - % tUn El Mo pf4>4170 112% 111% 111% - 34 tUn El Mo 3%pfl30 107% 107% 107% Union Oil Cal 1. 12 27% 27% 27% — % Un Pacific 6 • 1 151% 151% 151% - % Un Tank Car 2 2 40% 40 40 + % UtdAirLns'ie 11 39 38% 38%+ % Utd Aircraft 1 . 7 28’/, 28% 28% — % Unit Biscuit la 1 48 48 48 Utd Carbon 3 1 81 81 81 -1 Utd Cig Wh Str 16 125,4 12% 12% + % Utd Cigar pr 1 "4 1 245/, 2434, 245/4 Unit Corp 53 5*/e 5% 5% - % Unit Corp pf 2k 15 56 55% 56 + % United Drewood 1 14% 14% 14% + 14 Utd Elec Coal l 1 18% 18% 18% + % United Fruit 2 22 52 51% 52 + % UnitGa.sTm.05e 4 26 25% 25% Utd M&M 1,20a 2 64% 64% 64% + % tutd M&M pf 5 20 108% 108% 108% Utd Paperboard 3 13% 13% 13% Unit Rex- Drue 37 15 145,4 14% US & For Secur 3 28 27>4 275,4 U S Freight lie. 2 22 21% 22 US Gypsum 2 2 126% 125 126% +1% US Hoff Mch 3,«e 3 46% 46% 46% - % US Indus Ch la. 4 59% 59 59 -% US Leather A 2. 1 36% 36% 36%-% U S Lines %e 61 23 22% 22% +1 US Plpe&Fyl ,80 1 58% 58% 58%+ % US Plywood .SO. 1 655,4 655,4 65% + % US Real-Sh ,06e 11 16% 15% 15% - % U 8 Rubber l'/,e 3 69% 69% 69%—1 US Smelt R & M 4 65 65 65 -1% US Smelt pf 3%. 3 82% 82% 82% - % 1 US Steel 4 22 90% 90% 90% - % , US Tobaccol.20 2 27 27 27 + % Utd Stockyd '/,g 1 8% 8% 8% - % Utd Strs 2 pf __ 5 15% 15% 15% - % Univ Lab 1 4 16% 16 16 —1 tUniv Leaf T 4a 80 105% 105% 105% + % Unlv Pictures 2. 1 42% 42% 42% — % tUniv Pic pf 4'/, 10 985,4 985,4 985,4 + % VAN NORM 1 ._ 3 24% 24% 24%+% Van Raalte 1 e 1 515,4 515,4 51% - % Vertlent-C S le 8 24% 24% 24*% Va CarolinChem 4 ny, 11% 11% i t Va E&P S5 pf5 10 120% 120% 120% Va Railway 2% 1 53 53 53 WALGREN 1 60 3 48% 48% 48% + % Walker Hirm h4 2 137 137 137 I Walker H pf hi 6 18 18 18 -2% Walworth Co 4 17% 16% 16% - % I Ward Bak ;tOe 9 17% 17% 17% + % Warner B Plot 2 6 45% 45% 45% + % i Warren Fndry 1 39 39 39 — % I Wash GasLt l'/i 1 34% 34% 34% - % i Waukesha 1 _ 1 29 29 29 — % i Wayne Pump 2 41% 41% 41% + % Webster Tobacc 4 14 14 14 -I- % i Wesson O&S la. 2 39% 39% >39%- W i West Ind Bug la 9 37% 37% 37% - % tWs Pa Pr Pf4Va 30 116% 116 116 - % i W Va Pulp&P 1. 6 49 48% 48% West Auto lV.e. 1 73% 73% 73%-% i West Pac pi 6_ 1 96% 96% 96%-% i West Un Tel A.. 13 37 36% 37 Westln Air B^.ie 6 40 39% 39% - % Stock Market Drifts t Irregularly Lower In Dull Session By Victor Eubank Associated Press Financial Writer NEW YORK, July 5.—The stock market today was all but unconscious! and, in one of the slowest sessions for nearly two years, irregularly lower tendencies were displayed by the majority of leaders. The only hopeful phase of the proceedings was that, from the start, few wide recessions eventuated. Du Pont was an exception, opening up 5% on 300 shares in the final min utes. Small fractional variations ruled throughout. While scattered plus marks per sisted at the close, declines pre dominated. Transfers for the five hours dropped to around 500,000 shares. United States Lines edged into new high ground for 1946. A trifle higher were Bethlehem, Youngs town Sheet, Woolworth, Chesapeake & Ohio. Woolworth, Southern Pa cific, Baltimore Ohio, Phelps Dodge, American Telephone and American Water Works. Losers in cluded United States Steel, Chrysler, General Motors, Goodrich, Electric Power & Light, Santa Pe, New York Central, Southern Railway, Para mount Pictures, Anaconda, Ameri can Smelting, Allied Chemical, Union Carbide and Standard Oil • New Jersey). Bituminous Output Holds Above Year Ago Bituminous coal production in the week ended June 29 approximated 11.950.000 tons vs. 12,920.000 in the previous week and 11,762,000 in the like 1945 week, the National Coal Association estimated. Output lor the year to date ap proximated 234,540,000 tons vs. 297,-1 425.000 a year ago. Chicago Grain CHICAGO. July 5 (&>.—Oats futures were off more than :» cents at times to day as a result of a substantial reduc tion in buying interest. Corn moved up another 5 cents while barley held un changed. A possibility that the OPA would be renamed and that prices would go back [o ceilings of last week, discouraged buy ing interest. This factor was also ap parent in cash grain, where bids were ■ progressively reduced throughout the ses sion on °*t£- Some cash dealers lowered tne time limit on all grain shipments. Oats, which sold as high as $1.04 a bushel early in the session, were bid at less than $1 toward the close. Purchases for future delivery were placed at 70,000 i k5J?aA£ • ™erc, werc also bookings of lb.000 oushels of corn and 60.000 bushels of wheat. Moderate short-covering at the close! canceled extreme losses in oats, but final; prices were down 4-14. July 90V Corn! was up 5 cents at 1.664 with light trad-1 mg in the March. 1947, delivery Barley was bid unchanged at 1.4*J4 without at tracting offerings. September wheat at' Minneapolis was cff 5 cents. CORN Open. High. Low. Close I 1.664' Mar 1.664 1.664 1 064 1.604 OATS— July. . .!H'4 ,91 y« .891, 90*i Aug- ,8« .8(1’., .Ho\ h«s. Sept- .84’, .85', .84 84’, Nov... . 84 V, .85’, .84 .85 Vg-851 Dec... . >5 .85’., .84 85 Mar. .85’, .86’, .85 .86 BARLEY— Nov. . . _ 1.43’, Dec- - - - 1.43*8 Mar-- -- . . . __ 1.43*, . Washington Produce Prom the Department of Agriculture. Prices f o.b Washington. EGGS—Market firm on grade A nearbys and easy and irregular on lower grades. Receipts were light and trading quiet. Prices paid for Federal-State graded eggs from grading stations July 5. Whites, browns, mixed colors. U. 6. grade A. large, 44; medium. 39; U. S grade B. large, 33 Commercially graded A. large. 42-44: me diums. 38-39.3; grade B, large. 38. grade LIVE POULTRY—Market stead*. Re ceipts light with demand fair to good, i Fowl, colored. 35; Leghorn. 25-30. Roast ers. fryers and broilers, 43-46. DRESSED POULTRY (iced and Western box packed)—Market weak and irregular with prices 1-2 lower on young stock, due largely to heavier receipts todav and to anticipated heaviv receipts of all kinds of meat next Week. Fowla. grade A. 40-42: roasters, fryers and broilers. 48-51. Fruits and Vegetables. APPLES—Supplies moderate market steady. U. S. No 1. bushel baskets. New Jersey. Starrs. •’,a inches and up. 4 15. Virginia. Transparents, Pa-7* inche*-. l.So l-75; 2 inches and up. 3.23-3.50: 2U inches up. 3.75-4.00: overripe, all sizes. 1.00- 1.50; Starrs, 2la inches and up. 4.5<» 4. t o SWEET POTATOES — Supplies light North Carolina, bushel baskets. Jersey type. U. S. No. is. 3.0o. New York Cotton NEW YORK. July 5 f<Pi.—Cotton futures moved over r fairly wide range in quiet dealing today, curtailed by holiday In fluences. New maneuvers in Congress for restora tion of price control brought in early com mission house liquidation, which depressed prices as much as *1.86 a bale. There after. the course was generally higher on persistent mill buying against textile orders along with New Orleans demand. The July. 1946. delivery firmed and 8 additional transferable notices Issued to day had been taken l-p by the trade. Another private forecast placed cotton at approximately 19.600.000 acres, an In crease of about 10 per cent over last sea son. The Government report Is due Mon day. Late afternoon prices were 35 centa a bale higher to 20 lower July. 31.07: Oc tober. 31.07. and December. 31.20. Futures closed 40 cents a bale higher to 10 cents lower. . , Open. High. Low. Last. July 30.83 31.12 30.75 31.06b October 30.98 31.20 30 85 31 11 December 31.07 31.35 30.98 31 ”9 March 31.10 31.38 30.98 31.3" May 30.09 31.31 31.00 31.29 July. 30.80 31.13 30.77 31.08 Middling spot. 31.73n. n Nominal, b Bid. Chicago Livestock CHICAGO. July 5 isP' (USDA1—Salable hogs. 23.000: total, 30.000: slow: open 75 cents to 1.00 lower; closing 1.00-1.23 low er than Wednesday average on all weights and sows: good and choice 180 pounds and ud. 15.o0-16.00: practical top, 16.00; one load choice 200-pound weight. 16.23: most good and choice 280 pounds and over. 15.50-15.75; bulk good and choice sows. 14.50-15.00: few to 15.35: prospects for fair clearance. Salable cattle. 6,500: total. 9.700 salable calves, 600: total. 600: fed steers end yearlings generally steady; top weighty steers. 22.25; market fairly active, espe cially on good and choice steers with weight: bulk. 18.76-20.50: several loads. 21.00- 22.00: heifers steady to weak. top. 20.25; general clearance broad: local small killers active; cows steady, mostlv 13.00- 16.00 on medium good beef cows; cuttets. 11.on down; bulls strong, weighty beef bulls selling freely up to 16.50; veal ers steady at 18.30, mostly 18.00 down: Stockers and feeders very scarce Salable sheep—1,000: total. '2.500 meager supply spring lambs fully steady to city butchers. Small lots good and choice native spring lambs. 20.00: few fat buck iambs sorted off some lots. 19 00; short load clipped yearling wethers held around 15.75: slaughter ewes scarce, steady; odd head lots good to choice ewes with No 1 pelts. 8.75 to mostly 9.25. Commodity Prices NEW YORK. July 5. — The Associated Press weighted wholesale price index of •>o commodities today advanced to 1 33 70, new 1946 high; previous dav. 132 42 week ago. 122.28; month ago, 120.28: year ago. 109.29, based on 1926 as iuu. i —- —_ Bale*— Stock and Add Net Dividend Rate. 00. High. Low. Close, cbge. Watnghse El %e. 16 33% 33% 33% + % tWstbseEl pf>/ae 1 41 41 41 4- % Weston El 1.20e 3 61 61 61 Westvaco 1.40.. 1 44% 44% 44%+ % Wheel Stl l>/4e . 3 39 58% 58% -1% tWheel8tl prpf5 10 105% 105% 105% + % White Motor lb 4 38 38 38 White Sewing M 5 22% 21% 21% - % WhiteSewM pr2 1 35% 35% 35% Willys-Overlnd. 8 20% 20% 20% + % Wilson A Co.40e 14 19 18% 18% - % Wilson pf 4 V, 1 100% 100% 100% + % Wilson-Jo-nes%e 4 21% 21 21 + % Woolworthl.60a 10 58 37% 58 + % WorthPm pr4!2 1 96% 96% 96%+ % Wrigley W Jr 3 1 76% 76% 76% +1% Wyand Wor ,40a 2 23% 22 23% +1% YALE A T ,00a 1 61% 61% 61% + % York Corp .30 . 6 24% 23% 23% - % Yo-ungst SAT 2 3 80% 80% 80%+ % YoungstStl Dr 1 1 28% 28% 28% + % ZENITH RAD le 3 35 34% 35 - % ZontteProd ,30e 13 13% 12% 13 + % Hourly Sales an the Exchange Today: 11:00 a.m. 100 000 12:00 noon 200 OOC 1:00 p.m. 260 000 2:00 p.m. 330 OOC Approximate Total_ 490 000 tUnit of trading. 10 shares: sales printer in full. *In bankruptcy or receivership oi being reorganized under Bankruptcy Act or securities assumed by such companies Rates of dividend In the foregoing tabli are annual disbursement based on the Iasi Quarterly or semiannual declaration. Un less otherwise noted special or extra divi dends are not Included, zEx dividend xr Ex rights, a Also extra or extras, b Plui stock dividend, d Cash or stock, e De clared or paid so lar this year, f Pavabli In stock, g Paid last year, h Payable ii Canadian funds, k Accumulated dividend: paid or declared this year, nNew issue Weekly Flights to Arabia Scheduled Soon by TWA Weekly flights from Washington across North Africa to Dhahran, Saudi Arabia, will probably begin next week, Otis T. Bryan, vice pres ident and acting general manager of the international division, Trans World Airline, announced today. About two months hence a new air service, also originating here, will go to India, he said. A year ago today, TWA was certi fied as an international air carrier by the Civil Aeronautics Board, Mr. Bryan recalled. By mid-July, he said, the airline will be serving al most 15,000 miles of its foreign route and the remaining segment of less than 3,000 miles, extending into In dia, will be served shortly. With Washington as one of its terminal cities, TWA is dispatching 11 flights weekly over the North At lantic and even greater frequency of service is expected as additional four-engined equipment becomes available, Mr. Bryan said. N. Y. Bond Market (Faraltbed by the Associated Press. 1 SELECTED LIST OF ISSUES. TODAY’S BALKS Hud Coal Bs62A (Reported In Dollar*) Domestic 2 270 000 Foreign 140 000 NEW YORK CITY 3* 80 .. WO’/.! FOREION Close Argt 4s 72 Feb 100% Australia 5s 65 110% Brisbane tls 50 102% Grk 7s 64 Pt pd 13% 3rk Hs 6h pt ca 13% Peru 1st Ms Oc 26 Rio de Jan 8s4(i 42 ! Urug aj 4 Vis 78 93%j DOMESTIC. Close' Am TAcT US 50 158 | Am TA:T 2%s76 104»/» AmTobacco3sH2 104% AmTobacco3s09106% ATSF 4s 95 _ 135% AtlCoastL4Vis64116% BAiO 96 A_»0% BAcO 95 C_ 97% BAiO 2000 D_89% b*oci ao_ 72%; BAiO 4s 48 ___ 105% BAiO So Wsn 50 104 j Bang A cn 4s 51103 1 Bost N YAL 4s55 67%: Bush Term 5s55105%! Can Nat5s890ctll5%| CarthagA-A4s8! 89 Cent Oalst5s45 105 C R R N J 5s 87 45 CBArQ gn 4s 58 118Va Cht Gt Ws 4s 88 98% Chi Ind&Lo5s47108% CMStP4%s2019 99% CMStP4Vis"044 82 ChlArNW 4Vis99 SO%! CRIP 4 Vis 52 A 63%, CRIP 4 Vis 60 38% CRIP rf 4s 34 59% CCC StL 4Vis77 95% Clev UnTr 6s73 106% Col A: 80 4Va*80 66% Cons Ed 3%s 48 101% Del Ac Hud 4s 63103% Del LkAcW ln93 58 DnAtRGW 5s55* 16% Erie 4 Vis 2015 95 FirestnTA;R3s011O6% GenReArUt 4s69 87% Goodrich2%s65 103 Gt Nor 6 %s 52 119% Gt Nor4 ‘isTe D 110 Grt Nor 2%s 82 99% Gt Nor 2%s20ie 91 Houston C 5s37 102% 3udAM rf fit B7 49% 1C «%s 80 96% ECCStLou 5s63A104% [nt GN 1st 6s52 78% [nt Gt No5so6B 73% nt HydroEJ6s44 99% [ntTAT4HsA210J% Kan C Sou4l 78 103 -S&MS 3%s 97 107% -ehVINY 4'vis50 96% -AN 27.S 2003 101% Hanatl Sus4s57 95% H-K-T 5a 62 A 95% H-K-T Ist4s90 99% Ho Pac 6s 65 A 97% Ho Pac 6s 77 P 96% Ho Pac 5s 81 I 96% HontrlTrm 5s51102% HorrlsAEsx5s55 79% NatDalry2%s70104 NewEnsRR5s4o 101% NewEnTAT5s52110% 1 O 1 M 5%s64 108% lOTM 4',iso6 102% NYC rf 6s 2013 100 NYC 4%s2013A 93% NYC con 4s 98 91% NY Conn2%s75 102% NYNH&H 6s 48 66% NYNHAH4>,is67 63% NYNHAH3’/iS54 55% NYOW rf 4S92 24 NY W B 4'<is 48 41 Nor P clt4>/,s75105% Nor Pac 3s 2047 89 Okl GAE 2’is7ol03 OrWsRRN 3s 60106 Pac GAE 3s 77 109% Pa Ct Air 3%s60114% Penn PALt 3t75106% PennRRg4‘/2s65 124% PCCStL 6s 70 A 133% StLSnPr 4M>s78 44% StLSnPr 4850 A 56% Sea Air L4 %s w< 82 Shell Un 2>is 71100% SkelleyO 2’is65 103 SoBTAT2’is85 106 So Padflc4%s81109% SoPac4%BOr77 106% Sou Pac 2’is 96 92% SoPac 8 2 Vis 61 96 Sun Raj 3%a59 105% rexAPac37is85 105 rhlrd Av* 5a 60 73% OnOUCal2’i«70 103% Dn Pac 2'is 91 98% U S Rub 2’.s 76101% West Sh 412361 88 WestUn 5s 61 103% N. Y. Curb Market LIST INCLUDES ONLY SELECTED ISSUES CHANGED FROM PREVIOUS CLOSE. Alaska Airl 10% Am Cen Mie _ 15 Amer L&T1.00 . 26% Am Maracaibo 4% Am Superpower 2Vej Atlas Corp in 8% Barium Steel 10 BerkAGay Furn 4% Blue Ridge 30a "5% BrazTrL&PhC 21 Brit Celan.O'Oe 5% Buckeye PL 80. 14% Burma Ltd 2%; Calif El Pwr .60 12% Callite Tung 6% Catalln Am 40 22%i Cent & S W Util 12%: Cities Service 38%! ClaudeNeon.OSe 6% Colts P F Arms 38% Com & Sou war % Cons GE B 3.60 98 ConsText!le.30* 14% ContF&Mchtj 28% CornucopG Min 1% Cosden Petro 5% Creole Pet 1% . 373* Croft Brew 05g 3% Crosley Motors 16% Crown C Pet 'kg 9% CrownDrug 05e 10% Cub Atl Su I'js 30% DetMichStv %e 13% DominStl&Cl % 18% Elec Ed&Sbare 23% Fairchild E 20g 7% Fansteel Metal 33% Fedders-Q ,30e 133* Fuller G A 1‘iB 39% Garrett Cp .40 19% Gen Alloys _ . 5% Goldfield Cons 1% GrocStrPrd rtwi 1% Huylers __ . 11% Imp Oil Lt h.60 12% Int Petrol 17 Kaiser-Frazer . 15% Lakey Fdy & M 10% Leonard Oil Dv 2% unie Material . LoneStarGas.80 22 Long Island Llg 28* Louisan LAE.40 138* Marion P Shov. 148* Menasco Mfg 58* Menasco Mrtwl >* Mesabl Iron 7'* Mid Stl Pr B vte 5 M-WestCorp Vie 268* MiningCorPCan 8>i Monogram Piet 8** MontLH&P >*e. 19V* Natl Bell H 07g 68* Nat Union Rad 11V* New Mex & Arlx 88* Nlacra Hud Pwr 128* Nller-Bem-P . 188* Northeast Airln. 168* Pan Am Air wr 7V* Pantepec Oil 64 11 Pennroad Vig 78* Pltner-Bow.40* 128* Premier Gold _ 18* Producers Corp 28* Raytheon Mfg 19 Richfield Oil ww 38* RtoOrValG .05* 28* Ryan Aero 40a 88* St Regis Paper. 148* Savoy Oil _ 58* Schulte Inc_ 7V4 Segal Lock 48» Shat-Denn 10e 78* Solar Alrcrft 60 26 Solar Mfr 60 98* Soes Manuftg 8* 12>* Sou NE T rts wi 58* Textron Inc 8*g 258* Trans-Lux ,10e 60* Transwest Ola 668* Tung-Sol L COg 10 Tung-Sl L pf. 15 Unexcell Chem 188* Unit Lt A Rys 1 308* Unit Profit Shar 28* Utah-Ida S I5e 58* WynKnltM rtwi 141* Wentworth M 8* 118* Woodley Pet .40 14 laic jwrcsoun i*oic are annual disbursements based on the last quarterly or semiannual declaration. Un less otherwise noted, special or extra divi dends are not Included, a Also extra or extras, b Plus stock dividend, d Cash or 5‘°«k. Declared or Dald ao far this year, f P*y»ble In stock, t Paid last ye-r. h Pay able in Canadian funds, k Accumulated dividends Dald or declared this year, n New Issue. ww With warrants. yw Without warrants. Washington Exchange SALES Washington Gas S4.50 'pfd.—5 at llO'-i, 5 at 11 OH. Woodward A Lothrop common—25 at 82. tfw 7 after call. Mergentnaler Linotype—20 at 65 BONDS. — - Bid Asked Am T A T cv deb Os 1956 156 Vi Cap Traction 1st 5s 1947 103V. Cap Transit 1st ref 4s 1964 106 City A Suburban 6s 1948 lnO Georgetown Gas 1st 5s 1901 125Vi _ Pot Elec Pow 3Vis 1966 . 105 Pot Elec Pow 3V.a 1977 . 112 __;i Washington Gas os 1960 129 Ter RfAW Cp 1st 4‘is 1948 103 STOCKS PUBLIC UTILITT. Amer Tel A Tel tO) M9834 Capital Transit (2.00)_ ,39s. 40V. N A W Steamboat (t4>_. 210 Pot Elec Power 6% pfd (6) 110 Pot El Pwr 5 Vi % pf (5.501 108 V, no vi Wash Gas Lt com (1.50) 34'S 35‘4 Wash Gas Lt cum pf (4.25) 108V, no Wash G Lt cu cv pf (4.50) 110 _ Wash By A El com (al8.00) 850 Wash Rv A El Pfd (5) 128 BANK AND TRUST COMPANIES Amer See A Tr Co (10)_*335 350 Bank of Bethesda (t.75) __ 39 Capital (.80) 30Vi Com A Sav (ylO.OO) (e.r ). 275 .. I Liberty < 17)_ *750 Lincoln (h5> 310 Nat! Sav Tr (6.00) .316 Pr GeorRes B A Tr (tl.OO) 28 Riggs (12) 375 384 i Union Trust Co (t3.00)_*155 165 Washington (0) _170 _ Wash. Loan A Tr (e8t_ 300 FIRE AND TITLE INSURANCE, American 0*6' 150 Columbia (k30) _ _ 15 Firemen's (1.40) . _- 33 _I National Union (.75) 14V', Real Estate ( + 6) 198 MISCELLANEOUS Carpel corp (2.00) . 47Vi Garfinckel com (tl.60) 60 62 Garfln 5‘i'i cu pf (1.376) 27V, 28 Hecht com (1.20) *42 43 Hecht 33/4'.v cum nf (3.75) 107 _ , Lanston Mono (new) (1.00) 21 I Mergenthaler Lino lal .OO) 04Vi 67 Nat Mtge A Inv pf (p.40) 7Vi _ Peoples Dr Store com (1.60) 59 _ Security Storage (4) _ ...*103V, _ Ter Ref A Wh Corp (3) 68 Wdwd A Loth com (P2.80) 81 83 jWdwd A Lothrop pfd (7)_. 125Vi _ •Ex dividend. tPlus extra, a Paid *c I far this year, e 2% extra, f 37. extra h S5.00 extra, k 10c extra, p Paid li 1945. y S10.00 extra Market Averages STOCKS. 30 15 15 60 Indst. Ralls. Util. Sties Net change_—.2 —.1 unc. —.1 Today close _105.6 48.7 53.7 79.2 Prev. day_105.8 48.8 53.7 79.' Week ago_105.2 49.3 53.8 79.i Month aro_108.9 49.1 54.9 81.1 Year ago_ 85.8 42.6 46.4 65.f 1946 high_110.4 51.2 55.4 82.4 1946 low.7_ 96.1 44.1 50:0 72.1 BONDS. 20 10 10 10 10 Loe Rails. Indst. Util Fgn. Yield Net change unc. unc. unc. unc. unc Tod y close 102.6 103.9 107.8 77.8 118.4 Prev. day 102.6 103.9 107.8 77.8 118.' Week ago 102.6 103.9 107.8 77.9 118.: : Month ago 102.6 103.9 107.7 77.9 118.' I Year ago 101.1 104.3 107.6 73.4 118.1 11946 high 106.9 106.2 109.5 79.0 ISO. 1946 low 102.3 103.6 107.1 76.7 118.1 (Compiled by the Associated Press.) Foreign Exchange NEW YORK. July 5 i/P).—Foreign ex change rates follow (Great Britain in dol lars, others in cents)' Canadian dollar in New York open mar ket, 9V« per cent discount or 90.75 Unltei i States cents, unchanged. Europe: Great Britain, 4.0314, un i changed; France (franc). .84Y«, unchanged Latin America—Argentina, free. 24.72 i up .12 of a cent; Brazil, free, 5.25; Mex . ico. 20.63. Weather Report District of Columbia—Increasing cloudiness with highest temperature in the low 80s this afternoon. Most ly cloudy with lowest temperature in the middle 60s tonight. Tomor row cloudy and more humid with occasional light rain likely. Maryland — Increasing cloudiness with little change in temperature this afternoon and tonight. To morrow cloudy with intermittent rain southeast portion and some light rain likely north portion. Virginia—Mostly cloudy with oc casional rain south portion. Little change in temperature this after noon and tonight. lira Revert. (Prom United States Engineers.) Potomac River clear at Harpers Perry, and at Oreat Palls; Shenandoah clear at Harpers Perry. Temperature uni Humidity. (Readings at Washington National Airport.) Temperature. Humidity. Yesterday— degrees, per cent Noon_ 81 37 4 P.m._ 81 39 8 p.m. _ 74 S3 Midnight _ 68 74 Today— 4 a.m._ 83 84 8 a.m. .. 72 64 Rueerd Temperature* This Tear. Highest. 05. on June 18. Lowest. 11. on January 28. (Furnished by United State* Coast and Geodetic Surrey.) ... . Today. Tomorrow. High_12:80 a.m. 1:4r> a.m. Low _ 7:34 a.m. 8:31 a.m. High ...._ 1:05 p.m. 2:00 p.m. low _ 7:53 p.m. 8:45 p.m. The Son and Moon. Rites. Seta. Sun. today . 4:48 7:37 Sun. tomorrow_ 4:48 7:37 Moon, today _11:43 a.m. _ Automobile lights must be turned on one half hour after sunset. „ Precipitation. Monthly precipitation in Inches In ths Capital (current month to date): Month. IMS. ATer. Record. January _ 1.88 3.55 7.83 ’37 February_2.32 3.37 6.84 ’84 March _ 1.67 3.75 8.84 ’81 April _ 1.93 3.27 9.13 ’89 May_ 6.89 3.70 10.69 ’89 June - 1 4(1 4.13 10.94 00 July - 0 19 4.71 11.08 ’45 Ausust _ ... 4.01 14.41 '2* September _ 3.24 17.45 ’34 October - ... 3.84 8.81 ’37 November _ 2.37 7.18 ’77 December __ 3.32 7.56 ’0) Temperatures in Various Cities. Albuquerque 88 64 Louisville. 88 (.5 Atlanta. 78 67 Miami 88 76 Atl'ntic City 73 63 Milwaukee 77 57 Bismarck _ 9n 6* New Orleans 86 75 Boston _ _ 85 65 New York 85 66 Buffalo . 84 6a Norfolk 71 6? Chicago 86 63 Okla City. 94 69 Cincinnati 84 60 Phoenix 10-4 7 8 Detroit ... 86 58 Pittsburgh 78 59 El Paso 96 66 St. Louis 88 87 Galveston . 86 -74 Salt L. City 91 62 Harrisburg 84 67 8an Antonio 94 6fl Indianapolis 87 61 S. Francisco 71 56 Kansas City 92 65 Seattle.... 74 5f Los Angeles 77 60 Tampa 93 74 Cotton Exchange Seat Sold NEW YORK, July 5 '(JP).—Sale of a New York Cotton Exchange mem bership has been arranged at a price of *11,000, which is *1,000 higher than that of the last previ ously reported transfer. Another Man Is Found Slain in Central Park ly th« A.iocioted PrMt NEW YORK, July 5—Despite a rigidly enforced curfew and extra police, Central Parle today was the scene of the second violent death in recent weeks. A patrolman found the body of a man, shot in the head, stretched out on some news papers beneath a bush. A large black kerchief was in the man’s right hand. Police said no gun was found. The bullet hole in the right side of the head was described by police as a “contact” wound, indicating the gun was held to the head when fired. Police said the kerchief was sim ilar to those worn by sailors. They also found on the body an Army discharge card with the name Francis Delaster Hedges and a Cleveland address. The dead man was described as about 30 years old, short and slight in build, and clothed in a blue suit and brown shoes. Several weeks ago Jocelyn Hy lands, young vetertan, was slain in the park by three thugs, all former servicemen, and his girl friend was criminally assaulted. The trio later was arrested and edmitted the Hy land’s slaying. A wave of muggings and robbings also has swept the park which led to additional police being assigned there. The curfew bans strollers and others from the park at mid night. Dividends Announced NEW YORK. July 5 (Jp).—Dividend* de clared. Pa- ftik of Pay Rate rlod. record. a We. Deferred. Tunt-Soi Lamp Df Increased. Halle Bro? 50c Q 7-26 8-1 _ , Regular. Cook Paint & Var___20c Q 8-15 8-11 Holly Sugar ...._25c 7-15 8-J Horders Inc 25c Q 7-15 8-1 Jantzen Knit Mills. 15c 7-15 8-1 Pac Lighting -75c Q 7-20 8-J* LOANS ON REAL ESTATE FAVORABLE RATE FIRST DEED OF TRUST ONLY Variopi plana ta aalt the harrewar, in eladinp monthly payment loans without renewal* SALES—RENTALS—INSURANCE GEORGE I. BORGER M3 Indiana Atc. N.W. Nat l 03SO "TTr”*-==°™="' . Our Office Hours Closed Saturdays During July and August • Monday through Friday Open 9 A.M.—Closed 4 P.M. National. Permanent BUILDING ASSOCIATION 719 Tenth St. N.W. (I) NA. 0254 for the Busy Investor We are open each SATURDAY during JULY, AUGUST and SEPTEMBER 9 A.M. to 1 P.M. Later by Appointment Dealers in Listed and Unlisted Secur ities . . . Specializing in Investment Programs for the Small Investor. CALL OR WRITE District 3160 HERRICK, WADDELL & QO, INC. Investment Securities NEW YORK WASHINGTON 209 National Savings & Trust Bldg. 15th & New York Avenue N.W. SATURDAY CLOSING —July and August • This Association will join other local savings and loan Associations who have adopted the policy of remaining CLOSED ON SAT URDAYS during the months of July and August. • It is hoped that our Members will find it convenient to transact business during our Office Hours—9:30 A. M. to 4:00 P. M. Mon day through Friday inclusive. # Many of our Members are taking advantage o! our Perfected Mail plan which makes it easy to OPEN ACCOUNTS, to make Addi tional Payments or Withdrawals, or to have Dividends Entered in Account Books—all by MaiL • Yau are invited to write, phone or call for necessary forms and information about our Perfected Mail Plan. uThe LARGEST Federally-Insured Mutual Savings Institution in the Nations CapitaT* Assets Over $25,000,000 FIRST F€D€RflL SflVHIGS 4RD LORD 4SSOCI4TIOI) or wASMinoTon rK» No Branch Oficoo—Conveniently Locatedt 610 Thirteenth St. N.W. (Bet. F & G) District 2370