Evening star. [volume] (Washington, D.C.) 1854-1972, April 14, 1947, Image 17

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Evening star. [volume], April 14, 1947, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 14 April 1947. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1947-04-14/ed-1/seq-17/>

Newspaper Page Text

! D C. Banks fo Support
| Bond-a-Monfh Plan
For Customers
' By Edward C. Stona
Washington banks will give un
stinted support to the Bond-a
| Month Plan, as requested by Sec
retary of the Treasury Snyder, the
I purpose of the campaign being the
greater distribution of United States
Savings Bonds among bank cus
tomers.
Banks will offer all depositors an
I opportunity to buy Series E, P and
G bonds "automatically,” the pa
I trons simply signing cards. Officials
will then take payments out of their
accounts each month and deliver the
' bends.
The plan differs from payroll sav
ings as there are to be no partial
I payments, a single monthly deduc
/ tion paying for each bond in full.
The drive starts June 1, Washing
ton bank officials expecting to sell
a great many additional bonds.
D. C. Bankers at French Lick.
Francis O. Addison, jr., Robert V
Fleming, Thomas J. Groom, and
Wilmer J. Waller are in French
Lick, ind., today attending the- ABA
spring council meeting. Also from
Washington are A. L. M. Wiggins
Treasury Undersecretary: D. J,
Needham, ABA general counsel; J.
O. Brott, assistant counsel; and C.
B. Upham, deputy controller of the
currency.
Lt. Gen. J. Lawton Collins, chief
of public information, Army Chief
of Staffs office, was to be a guest
speaker today.
Lighter Borrowing Noted.
The United States Savings and
Loan League reports that average
nome loans per family dropped from
mot vuwa to $*tuzo 1X1 Feo
ruary, latest month reviewed. One
reason for the downtrend is the
fact that many building and loan
associations are looking for larger
down payments by borrowers.
The Federal Home Loan Bank
has announced that non-farm real
estate financing was lower in Feb
ruary than in January, $770,000,000
vs. $847,000,000. The total, however,
was one-fourth larger than in Feb
ruary a year ago.
Clothing Sales Holding Up.
The National Associaton of Retail
Clothiers and Furnishers reported
here today that its latest survey
shows no evidence of Nation-wide
consumer resistance in the men’s
wear field. Sales reported by 42
firms for March were ahead of
March, 1946.
J. Horace Smithy, executive vice
president of the Chevy Chase Build
ing & Loan Association, and Andrew
L. Harris, executive secretary of
Producers Council, Inc., will address
300 building and loan leaders now
in session at Miami Beach. Morton
Bodflsh, Chicago, also is on the pro
gram. t
Harold K. Melnicove, director of
merchandise presentation, Hecht
Co., will address Brand Names
Foundation, in New York, Friday on
"Brand Names in Good Store Dis
play.’’
Financial District Gossip.
Roger W. Whiteford, Washington
attorney, has been re-elected a di
rector of Braniff Ainvays.
Report* that the Federal Reserve
Board may lower margins to 50 per
cent are again being heard in New
York Stock Exchange offices.
. i
I Business Briefs j
Steel Mill Operations for the cur
rent week were scheduled at 94.5%
of capacity, indicating production
of 1,653,700 net tons—American Iron
& Steel Institute. Figures last week
were 95.1% and 1,664,200 tons; a
month ago, 96.4% and 1,686,900; a
year ago, 77.4% and 1,364,100.
Platinum Prices at New York were
increased $5 an ounce to $63 whole
sale and $66 retail, the first price
change since January. Industrial
demand was reported increasing.
Norfolk & Western Railway stock
holders will vote May 8 on a pro
posed 4-for-l split in both common
and preferred stocks, intended to
bring the stocks “within reach of a
greater number of investors.”
Michigan Gas &■ Electric Co. of
fering of 14,000 shares of 4.4% pre
ferred stock was marketed by Otis
& Co. at 101 plus accrued dividends.
Baltimore & Ohio Railroad was
saved from a $15,587,071 loss in 1946
by a $20,000,000 tax credit, said Pres
ident R. 9. White. Increased
freight rates, effective January 1,
1947, are expected to bring in $43,
000,000 of additional revenues, but
this will no more than meet the in
crease in operating costs since Jan
uary, 1946, and will have little or no
effect on the rate of return, he
added.
R. H. Macy & Co. earned $10,924.
000 or $5.94 a share in 52 weeks
ended February 1 vs. $5,046,000 or
$2.53 in the previous year. The first
two months of 1947 indicate the
| year’s profits will be below 1946,
said President Jack I. Straus.
Portsmouth Steel Corp. profit for
the first 1947 quarter was $1,009,320
or 76 cents vs. $417,850 in the third
1946 quarter and $743,028 in the
fourth 1946 quarter.
El Paso Natural Gas Co. earned
$2,879,851 or $3.79 in 12 months end
ed January 31 vs. $2,295,644 or $3.64
in the previous year.
imperial uii, taa., proni ior
was $17,326,112 or 64 cents, including
$1,476,370 transferred from reserves
vs. $16,616,586 cr 61 cents in 1945.1
Hoover Co. earned $1,536,960 ot
$1.74 in 1946 VS. $1,498,234 or $1.6J
in the previous year.
United States Radiator Corp. net
l income for 12 months ended January
31 was $1,193,694 or $4.62 vs. $261,32f
or 59 cents in the preceding fiscal
period.
I Ford Motor Co. of Canada, Ltd.,
reported a net loss of $239,448 foi
1946 vs. profit'of $1,681,285 in the
a previous year.
II Walter E. Heller & Co. profit foi
¥ the first 1947 quarter was $157,460
or 33 cents vs. $138,529 or 39 cents
on fewer shares in the same 1946
quarter.
Willys-Overland Motors, Inc., re
ported its new $5,000,000 stamping
shop will begin, production in 30
days. The entire plant will be fin
ished in 90 days.
General Aniline & Film Corp.
directors elected Jack Frye chair
man of the t^ard. He is former
president of Trans World Airlines.
New York Stock Exchange nom
inating committee nominated Rob
ert P. Boyland for chairman of the
board. He is former president of
the Chicago Board of Trade.
Quaker Oats Co. appointed J. R.
Staley vice president.
St. Regis Paper Co. elected Wil
liam H. Versfelt and Edward G.
Murray vice presidents and added
Ashley D. Pace and Gurdon W.
Wattles to the board.
Union Bag * Paper Co. elected to
the board Kenneth J. Hanau and
► R^>ert W. Groves.
h
N. Y. STOCK EXCHANGE I
Sales—
^Stoek and Add Net
Dividend Rate 00. High. Low. 2:30. ehge.
ABBOTT LAB2a 5 71% 71 71 -PA
AC P-Brlll Mot. 13 8% A 8%- %
Acme Stool %*_ 3 45% 45 45% -1%
Adam* Bn .80* 14 1«% 14% 14% - %
Adams-MUUsVi* 2 4# 47% 47%-1
Addraasogh ,8&g 2 31% 31 31 -1%
Admiral Co rp%* 9 8% 8% PA - %
Air Itodnctton 1 22 31% 30% 30%-l%
tAla * Vicks 8.. 10 106% 106% 106% - %
Alaska Juneau. 46 4% 4 4 - %
Alleghany Corp 117 3% 3% 3% - %
Alleghany Cp pf 22 34 32% 32%-2%
Alleghany pr pf 9 60% 60 60 —1
Alleg Ludm ,40g 17 39% 37 37 -2%
Allen Indus le 6 19% 19 19 - %
Ai Chm A Dye 6 10 174% 172 172 -2%
Allied Kid la .. 2 19% 19 19 - %
Allied Mills 2e__ 1 31% 31% 31% - %
Allied Stores 3 82 32% 30% 31%-1%
Allis Chaim 1.80 21 34% 32% 32%-1%
Allis ChMpf 3'/« 5 95% 95 95 -1%
Alpha PCemV«c 1 25% 25% 25% - %
AmalLeath .20* 11 6% 6% 6% - %
AmalLeath Df3. 1 48 48 48 -2%
Amerada Pet 2 1 75% 75% 75%-1%
Am AgCh Del 2s 2 38 38 38 - %
Am Airlines . 124 10% 10% 10% - %
Am Alrlpf 3Vi.. 4 74% 74% 74%-1%
Am Bosch.. . 14 11% 11 11 -1%
AmBrkBhoe %g. 8 40% 39 39 -1%
Am Cable A Rad 51 5 4% 4% - %
Am Can 3_ 8 92 90 91 -1%
t Am Can pf 7.. HO 188% 186% 186% -1%
Am CarAPdy 3e 10 44% 42% 43 -2
Am CarAP pf 7 2 106% 104% 104% -3%
Am ChACbl 1.40 12 22% 21 21 -1%
tAm Chicle 4a.. 80 146 143 144 -1
Am Color BO* .. 3 21% 20% 20%-1%
Am Cryst 8. 80* 6 22% 22 22 - %
Am Distillers 2a 15 31% 29% 30 -2%
Am Burop 1.44e 2 15 15 15 -1
Am BntL 1.20 24 19 18 18% - %
Am A Prn Pwr 64 4 3% 3% - %
AraAFPTpf 1 *»k 1106 106 106 -1
Am A P P 2d Pf 27 16% 16 16%-1%
Am Hawaii 8 3 4 41 40 40 -1%
Am HldeALeath 10 6% 6% 6% — %
Am Borne 1.20a 21 24% 23% 23% — %
Am Ice tag. 48 8% 8% 8% — %
Am InternI ,B5e 9 10% 10% 10% - %
Am Locoml.40g 33 23% 22 22%-1%
Am Locom pf 7 1 113 113 113 —1
♦kill UltlKVf U .©47 ■*-4 m-m.-’*
♦AmMIcF pf3.90 10 97 97 97 - Vi
Am Mach & Met 7 10V* 10 10 - V*
Am Metal 1 15 30 29V* 29V* - V*
AmNewsCo 1 Via 6 35'4 34>/i 35 — Vi
Am Power A Lt 156 12V* 11'/* 11V* — Vi
Am PdtLSSpf 3k 4 116V* 115 115 -3
AmP*LS5pf2Vik 7 105V* 103 103 -3V4
Am Radlat .40a 91 13V* 13Vi 13V4 - Vi
Am Roll Mill Vi1100 30 20 28V* -IV*
t Am RM pf 4Vi. 1 106V* 105V* 105V* - Vi
Am Safe Rat la 15 13V* 13V* 13V* - V*
Am Seatlm Vie. 1 18 18 18 — Vi
Am SmeltdtR 2a 22 52V4 51 51'* —IV*
Am Stl Pound 2. 30 30V* 29V* 29V* -l'/i
Am Tel * Tel 9 - 54 164 163V* 163Vi - V*
Am Tobacco 3a 11 65V* 64V* 64V*—IV*
Am Tob rt_818 IV* lVis IV* — V*
Am Tobac B 3a. 112 64V* 63V* 63Vi —IV*
♦Am Tob pf 8 - _ 10 154V* 154V* 1541* _li/4
Am viscose 2... 19 51 49V* 49'* —IV*
Am Water Wks 46 15 14V4 143* — V*
Am Woolen lVifllO 31V* 29V* 30'* -IV*
Am Wool pf 7. _ 2 96 95 95 -3V*
Am Wool Pf 4.. 3 74V* 74‘* 74>*-2V*
Am Z L&S .10* 15 7V4 7V* 7V* - Vi
Anaeon Cop ’.if 65 37V* 35V* 36 —IV*
♦AnacondaWVi|470 49 47 47 — IVi
Anchor H O •*» 6 47V* 461* 46V* -1
Ander-Prlch O 1 14 15V* 15>* 15** - >*
A P W Products 5 4V* 4V* 4V*- V*
Archer-Dan Vi*. 3 33 33 33 -1
Armour A Co 90 12 in* 11V* - V*
Armour prpfl3k 2 119>* 118V* 118** — Vi
Armstrone ,40f 4 44 43 43 —2V*
Artloom .60 5 12 11V* 11V* -IV*
Assd Dry 0 1.80 24 15>* 14>* 14V*- V*
AtchT&SPB 29 81V* 77 79 -4V4
AT Pine Vic 10 13V* 13Vi 13>* - >*
Atl Coast Line 4 6 51 50 50 —2
Atl G&W Ind 3e 1 29 29 29 -2V4
Atl Reflnlnc IVi 10 32V* 31V4 31V* —1
♦Atl Refine pf 4 1080 109 108>* 108V* - V*
♦Atl Ref pfB3Vi 1620 99V4 69 99 - Vi
Atlas Corp 1.00. 14 23V* 22>* 22>* - V*
♦Atlas Powd Vic 7 61 60 60 -2‘/«
tAtlas Powd Pf 4 40 115V* 114V4 114'* —2Vi
Austin Nichols.. 12 8Vi 7Vi 7V4 —1
Autocar Vi*.... 4 23 22'* 22V* -2V*
Auto Canteen 1. 8 21 20V* 21 —IVi
AvcoMfe.lOf . 86 6 5% «4- V*
Atco Mf* pf 2’/« X 3 42V* 41V* 41V* —IV*
BALD LOC lVie 36 20V* 19‘* 19V* -IV*
Walt A Ohio . 98 11V* 11 llVi - V*
Balto A Ohio Pf 32 17V* 16 16'/« -IV*
BanxordtAroetk 5 13 12 V* 12 V* — V*
at- m pi a w-r _ , • _ _ ,
Barber Asph Vi* 13 31 50 50Vi — 1%
Barker Br Vi* . 4 23% 22% 22%-2
Barnsdall Oil 1- 18 21% 20% 20%-1%
Bath Iron 1* _ 6 15% 13% 15% - %
BarukCicari la « 20 20 20 — %
BeatrlceFood 2a 2 45 45 45 —1
Beech Aircraft 18 8 7% 7% — %
Bell Aircraft 23 1« 15% 15% - %
Bendlx Aviat 2 25 31 29% 29%-1%
Beneficial 1.20a 10 25% 24% 23%+%
Best Ac Co 2a 12 30 29% 29% — %
Best Foods 1.20 14 20% 20% 20% - %
Beth Steel 6 «2 86% 82% 84% -3%
Beth Steel pf 7 1 145 143 145 - %
Bicelow-San 1* 4 57% 55 35 —3
Blaw-Knox .20* 4 15% 13% 15% — %
Bliss E W Vi* 2 22% 22 22 - %
tBlmlnsdale 2 Vi 20 31% 31% 31%+ %
Boeinc Air 1 c ... 11 18% 18% 18% — %
Bohn Alum 1*.. 2 46 46 46 —2
Bond Stores 2 . _ 10 29% 29 29% - %
Borden Co .60*- 6 41 40% 41 + %
Bor*-Warner 2. 26 42% 40 40 -3%
Boston Ac Me 20 3% 3% 3% — %
Bower Roll B 2. 2 35 35 33 — %
Branlff Air... 13 11% 10% 10% - %
BrewerCpAmSVi 1 89 89 89 —2
Brd* Brass .40* 53 17 15% 16 —1%
Brixcs Manufa 2 28 33 32 32% — %
Brl**s Ar stra 1 1 76% 26% 26% — %
BklynUGas 1 60 24 21% 21 21 -1
Brown 8h 1.20a 3 29% 29% 29%
Bruns-Balk >4*. 3 23% 23% 23% -1
Bucyrus-Er Vi* 21 15% 14% 14% — %
♦Bucyrus pf 7. 20 121% 121% 121%
BuddCo . 78 11 10% 10% - %
tBudd Co pf 6 180 84% 84 84 -1
Buffalo Fr* .45* 1 26% 26% 26% - %
BulovaWatch 2a 6 30% 30 30 —1
Burlin* Mills la 64 17% 16% 16%-%
Burl Mis cvpf.T W 1 92 92 92 -2
Burr Ad M .60 19 13% 13% 13% - %
Bush Term 35* 7 7 6% 6% — %
Butt* C Ac Z 12 4% 4 4 - %
Byers A M Vi* 3 16% 16 16 — %
tByer* A M Df 7 70 100 99 100 + %
Byron Jack la .. 1 21% 21% 21% - %
CAu PACK 1V4- 6 26% 25% 25%-1%
Callahan Zinc 26 2% 2% 2% — %
CalumetAeH.lO* 80 7% 6% 6%- %
Campbell W Vi* 12 25 23% 24 -2%
CanDryOA .30*. 18 14% 13% 13% - %
Can Pacific Vi* 74 ll% ll% 11% - %
Cap Adm A .55* 3 12% 12 12 — %
Caro PwAeLt 1* 1 33% 33% 33%
Carpnter St) Vi* 1 40 40 40 -2%
Carrier Core 21 15% 14% 14%-1%
CarrierCore Pf2 5 38% 37% 37% —1
Carr&Gen ,20a 1 6% 6% 6%
CaseCJDCo .80* 26 34% 34 34 - %
Catarplllr Tr S 11 55% 53 53 -3%
Celanes* Vic . 71 18% 17% 17% - %
Celotex Core I 34 27 26 26% — %
CentAsuirre 1% 14 21% 20% 20%-%
Cent Foundry 32 10 9 9 -1%
Cen H G&E CB* 15 9% 9% 9% - %
♦Cent 111 L Pf4 % 20 112% 112% 112% - %
CenViol Su 2%e 1 28 28 28 -1
Cent Rib M 60a 4 11% 9% 9% -2%
Cerro de Pas 2 20 30% 30 30 — %
Certaln-td no* 71 15% 14% 14% - %
Champ PAF Vi* 11 21 20% 20% -1%
♦ Champ P pf4 Vi 30 110 110 110 - %
Checker Cab 4 13 12% 12% - %
Ches Ac Ohio 3a 67 45% 43% 44 -1%
Chica*oCorp Vi* 33 7% 7% 7% - %
Chi A: East 111 - 16 4 3% 4 - %
Chi * E 111 A -. 11 8 7% 7% - %
Chi Great West 8 6% 5% 5% - %
IolJIVJJV W CBb HI W **71 *A A* — 71
Chi IndAL A ct. • 6*4 6V* 6>4
Chi IndAL Bet- 1 3% 3% 3%
Chi M SPAPac 86 9*4 88* 87* - 8*
CMSPAP pf7'.4* 38 33 32 32V*-IV*
Chi A NW le 40 18V* 17 17H - 8*
ChlANWpfB. 12 40V* 38V* 38V*-2%
Chi Pneu T1 Via. 11 24V* 21% 22V* -2%
ChlPneuTS3pf3 1 53 33 33 -2
♦ChiPneu Pf2'* 30 35 35 S3 - V*
Chi Yello Cab 1. 1 14 14 14
Chickasha V»* ._ 2 17 16 16 -2V*
♦Chile Cop 2a 30 40 40 40
Chrysler Corp 3 91 88'* 83% 83% -38*
Ctn G A E .TO* 7 23V* 23 25 - V*
cm Mill M 1.40 3 25 24V* 24*4-1
Cl T Finance 2 21 40 38V* 38%-1%
City IceAFuel 2 18 30 (30 30 - *4
City Inv .30* 1 9 9 9 - V*
City Stores 1.20 14 17** ' 16*4 16*4 -1
Clark Eouipmt 3 1 52% 32% 32% -5%
I ♦CCCAStLpfo 10 92 92 92 -3
CleveElecIUum-: 51 37% 37V* 37% - »*
♦ClevAPltts sp2 20 48*4 48*4 48*4- V*
CUmaxMol 1 20 16 20 19*4 19*4 - V*
Clinton lnd 2.40 3 37 36*4 36*4 -1
ClU Peabody'i* 10 43% 43*4 43V4-1V4
♦Coca-Cola A3. 10 63*4 63V* 63V* - V*
Col*ate-P-P 2a 12 47 45 43 -2V*
♦Col*-P-P pf3V* 10 102 102 102 - %
Collins A Aik la 4 34% 34 34 -2
Col FuelAIr .60 79 14 13 13*4 -1*4
Col FuelAIr of 1 8 18V* 17% 17% - %
♦ Colo A South 110 11*4 10 10% -1%
Colum Br A V*«. 10 23% 23 23 -1%
Colum Br B V*« 2 24 24 24
ColOaxAXlec.00133 10*4 10*4 10*4 - 8*
Columbia Piet _ 10 188* 17% 17%-1%
ColCarben 1 60a 3 31 30% 31 - %
ColASOhEl .45* 8 43*4 42 42 -1
Cornel Credit 2 - 11 39% 37% 37%-28*
ComlSolventl 1* 36 23V* 21% 21% -1%
ComwlthEd 1.40 20 298* 29V* 29*4- V*
Comwl A South 903 3 3 3
ComASou pf «k 5 120% 120*4 120*4 -1
Oonsoleum-N la 10 26 25 25 —1
Cons Copr 20e 20 5% 5% 38* — V*
Cons Edis 1.60 58 27 26 26V* - %
Cons Grocers 1 10 15% 15*4 15*4 —1
Cons Laundry 1 2 13 13 13 — V*
ConsRRCuba Pf 34 21*4 19% 20 -2*4
Cons R St 160a 3 15*4 14*4 14% - %
Cons Vr.ltee Vi* 39 16*4 16 16 — %
Cont B*kin* 1 20 15% 15 15*4 - *4
Cont Can 1 25 38*4 37*4 37*4 -18*
Cont Diamd Vi* 7 61V* 10% 10% — V*
Cont Insurnc 2 5 51 50*4 50*4 — *4
Cont Motors 111 8 7V* 7V4— %
Cont Oil Del *4* 13 36*4 35 35*4 -1%
Cont Steal Vi* 10 158* 15*4 15%
Cooper-Bess 4 14V* 13*4 13% —IV*
CoppnrldStl 80 3 13 12% 12% - ‘4
♦ CornExch 2.80100 53 52*4 52% - ‘4
Corn«U-D E .80 12 15% 14V* 14%-1%
CornlncGlass V* 11 26V4 27 27 —1%
tCorhln* pf 3V4 30 10' 101% 101% -1%
Ooty Inc 40e 6 6 4 6% 6*4 — %
Coty Inti ,20e . 10 5% 3% 3%
Crane Co 1.60 39 32% 32 32%-1%
CrownCork .80* 8 36% 36% 36*4 -2%
Crown Zel .90*. 14 27% 27% 27*4 - %
Crucible Steel 14 28% 87 27%-2%
Cub-Am Bua V*« 80 18% 13% 13% -1%
Cunnln* Dr* la 1 46 46 46 —8
cum* PublUh - 73 6 8*4 8% — %
Stock and Add _ Net
Dividend Rate. 00. HUh. Low. 3:30. rhee.
Curt-Wrlaht lie 75 5% 5 5%- %
Curt-WrUhtA 3 15 18% 17% 17% - %
DANA COUP 1 10 24% 24 24 - %
Davlaon Chem 1 13 18% 18% 18% - %
Daytn PAL 45* 12 32 31% 31% - %
DeeeaReel.. 10 16% 15% 15%-%
Deere ft Co V«s 23 34% 35 55 -1%
Del ft Hudson 4 11 38 34 54 -3
Del Lack ft Wn 51 7% 6% 6%— %
DnftRGW ct wi 11 10 5% •%- %
DARGWPfctwl 7 31 3C% 30% - %
Det Idle 1.20b 15 24% 23% 23%-%
DlamTMotla 4 15 18% 18% -2
DUt Co-Sea SO 48 13% 12% 13 - %
Dixie Cup ’/«* 4 27% 27% 27% -1%
Dome Mine .62* 20 18% 17 17%-1 %
DouclaaAlr 7Vie 6 68 67% 67% -1%
Dow Chemical A 1156 156 156 -2%
Dow Chem pf 4 1112 112 112 -1
Dresser Indust 27 17% 16% 16% - %
Duplan Crp .30b 1 27% 27% 27% - %
Du Pont daN 2c 17 182% 177 177 -5%
DWG Clear 42* 2 16% 16% 16% - %
EAGLE PIC 1.20 14 22 20 20 -2%
Eastern Airl % 50 22% 21 21% -1%
East 8ta 8tl V«c 8 35% 33% 33%-2%
East Kodak 7 2 234% 234 234 -2%
tEastmn K pf 6 30 103 193 193
Eaton MfcS 6 47 45% 45%-2
Edls Br 8tr l%a 3 22 21% 21%-%
Ekco Prod 1.20 11 21 20% 20% - %
Elec Auto-LiM 3 14 53 51 51 -3
El Boat la. 12 12% 12% 12% - %
El ft Music .09c 20 3% 3% 3% - %
El Power ft Lt 112 14% 13% 13% - %
ElP*Lt$7pf3%k 5163 138 138 -6%
ElPw*LtS«p:3k 3 146 143 143 -7%
El 8tor Bst He 2 48% 48% 48% -1%
EmrsnEl M.20c 13 12% 11% 11%-1%
Emer Radio 1 . 7 17% 17% 17% - %
Endlcott-J 1.60 2 32V* 32 32
EncPubSve 48 28% 26% 27%-1%
tEnc Pub 8 pf 5 140 103 102% 102% - %
tEnc P 8 pf 5% 10 107% 107% 107% + %
tEnc Pub S Pf A 60 109% 108 109% 4-1
Eouit Offlee B* 9 3% 3 3 - %
Erie R R1 84 9% 8% 8% - %
Erie RR pf A 5. 14 53% 53 53 - %
Eureka Will V,. 28 10 9% 9% - %
Evans Prod % 5 20% 19% 19V* -2
Evershrp 1.20a 11 17 1614 16%-%
Ex-Cell-O 2.60 4 35% 34% 34%-1%
FRBNKSMOR2 7 49 48 48 -2
Faiardo Sue 1 10 29% 28% 28% - %
Farns TelftRad 30 6% 6% 6%
♦Fed LftT pf 6 . 10 106% 106% 106V* + %
Fed Mne&Sm 3. 2 34 34 34 -5%
Fed Mot Tr .40a 17 11 10 10* - *
Federat DSt 1* 17 20* 19* 19*- *
Ferro Enam 1__ 4 21* 21* 21*-*
Firest Tire 2e. . 6 52* 52 52 -1*
Firth Carpet la 7 17 16 16*- *
Fllntkote Vac... 41 29 28* 28* -1
Florida Pov 1 . 8 16 15* 15* - *
Florshelm ,80e. 1 20* 20* 20* - *
Follans Stl y«t 54 18* 17* 17* - *
Food Fair St 40 18 12* 12* 12* - *
FosterWhee! Vic 9 25* 23B 23 -1
Freeport 8ul2U 4 44* 44* 44*- *
Fruehauf Tra 1. 25 29* 27* 27* -2*
GABRIEL VaC-. 19 12* 11* 11* -1*
Galr Robert .. 53 6* 5* 5*- *
Galvin Mfe .30. 11 10 10 10 - *
Gard Denver 1. 13 16* 16* 16* - *
Gar Wood Ind 18 7 6* «*- *
OarWood pf 2>/a 3 37 36 36 - *
GaylordCont la 21 16 15* 15*- *
GenAmlnvl 48e 20 13* 13* 13*- *
Gen Am Tr 2 Vi J1 49* 48* 48* - *
Gen Baklnc .80 15 11* 11 11 - *
Gen Bronze 80 6 13 12* 12* - *
Gen Cable 62 10* 9% 10 -1
tGenCable lof 4 10 74* 74* 74* - *
Gen Cable pf 2 3 42* 41 41 -1*
Gen Clear la . 3 28 28 28 - *
Gen Elec 1.60 . 72 34 33* 33* -1
Gen Foods 2 .. 20 41* 40* 40* - *
Gen Mills 1* 4 48 47 47 -i*
♦Gen Mills pf 5 10 130* 130* 130*
Gen Motors V4c 180 55* 54 55 -1*
Gen Mot pf 3Va 3 104* 104 104 - *
Gen Out Advt 1 12 16* 15* 15* - *
Gen Precis Eo 1 17 20* 20 20 - *
GenPubSvc 15e 10 3* 3* 3*-*
Gen P Util ,40e. 87 14* 13* 14 - *
Gen Ry Sic Vie 3 25 24* 24* -1*
tGen Ry Be pf 8 10 134* 134* 1341/4 + *
Gen Real Sc Util 26 4* 4* 4* - *
Gen Refract VaC 11 21* 20* 20* - *
Gen Shoe 2* 5 32* 32 32 -1*
tGenStlCst Pf3k230 114* 110* 110* -4*
Gen Teleph 2 7 32* 31* 31*-1
Gen Time In la 3 22 21* 21* —1*
Gen TlreAtR la. 10 29 28 28 -1
Gillette 8 R 2'i. 23 29* 28* 28*- *
Glmbel Bros 2b 54 20* 19* 20* - *
Glidden Co 2 19 37* 35* 35*-2
GoebelBrew.20a 8 6* 6 6 - *
Goodall-San lVi 9 26* 26 26 - *
Goodrich B F lc 22 56* 54 54* -3
GoodrearTAsR 4 42 50* 48* 48* -2*
GothmHosl 40a 3 17* 17* 17*- *
Graham-Palee 178 4 3* 3* — *
GrandUnion Vie 1 35 35 35 -1
Granite Stl ,05e 19 14* 14* 14* - *
Grant (WT) la 6 30 29* 29*-1*
Grayson-R Vie 16 9* 9* 9* — *
GtNorlOctle 10 13* 13* 13*-*
Gt Nor Ry pf 3 38 40* 39* 39*-1*
GtWstSue 1.20a 6 24 23* 23*-*
tGtWestSue Pf7 10 153 153 153 -2
Green H L 3a 1 68 68 68 -2*
GreenfT&D.llOe 2 17* 17* 17*- *
Greyhound lie 7 28 27* 28
Guantanamo Be 1 6* 6* 6* 4- *
GulfMoAOh wi 6 9* 9* 9* -1*
Gulf MobAtOhlo 17 9* 9* 9*- *
Gulf MAtOPf 2 Vic 2 40 37* 37*-3
Gulf Oil la_ 15 59 58 58 -1*
HALL PRINT la 7 16 15* 15*-1*
Hamll WatchVaC 5 16* 15* 15*- *
Harb-Walkerl « 20* 20 20 - *
viHUtui on* v vsi/. sou vvsa —i
Hayes Indust _ 18 8* 8 8 — *
Hayes Mil Co 31 6* 6 6* - *
tHazl-Atlasl.20 7 30 30 30 - *
Hecht Co 1.60a.* 4 23 23 25 -1
Heins .90*_ * 38 39 39 - *
Helme O W 4... 2 54* 34* 54*-*
Hercules M V«g 3 18 17* 17* - *
Herd Pwdr 36i 3 37* 3d* 3d* - *
Hershey Choc 3 1 79 79 79 -1*
Hinde A Dau 2 8 29 28* 28*- *
Holland Purn la 3 24* 23 23 -1*
Holly Sugl 2 19* 19* 19*-1
Homestake Vis 24 41 40* 40* - *
Houd-Hersbey 12 14* 13* 13*- *
Hshold Pin 1.80 3 30* 30* 30* -1*
HouitLAP3 60 5 85* 85* 83*4- *
Houston Oil Vie 39 20 18* 19* -1
HowardStrs 1* 3 22* 22* 22*-*
Howe Sound 2 - 11 34* 33* 33* - *
Hudson A Man 4 4* 4* 4* - *
Hudson Bay 8 37* 36 36 -1*
Hudson Mot .40 '56 15* 14* 14*-1
Hunt Poods_ 4 18* 18 18 - *
Hunn Coro . 62 4* 4* 4*- *
ILL CENTRAL 112 22* 21 21* -1*
HI Ter RR.36*. 10 8* 8* 8*-*
IndplsPAL1.40a 9 26* 25* 23* -1*
Industrl XI Mex. 10 13 13 13
Indust Rayon 2. 7 39* 39 39 -1
Inland Stl ,40f. 6 34* 34 34*-*
Inspiration 1 .. 22 14* 13* 14 - *
InterchmCplf 6 41* 40 40 -2
InterconRub V«i 8 4* 4* 4* - *
Interlake Ir.dOe 33 10* 10* 10* - *
Int Bus Meh 6 3 201 200 200 -3*
Int Harvester 4 30 81 78* 78*-3*
tint Harv pf 7 110 181* 180* 181* -1
Int Hydro 11A 40 8 7* 7* - *
Int MACh 1.60 7 27 26* 26* -1
Int Mlnlnf . 10 4* 4 4 - *
Int Nickel 1 60 55 30* 29* 29* -1*
Int Paper 3 74 44 43* 43*- *
Int Ry Cen Am 8 12 12 12 - *
tIntRyCApI2 *k 80 110*110*110*- *
Int Shoe 2.40 . 12 39* 39 39 - *
Int silver lg . 3 43 44* 44* -2*
Int Tel A Tel 249 12* 11* 11*-1
Int TAT for ct 16 12* 11* 11*-1*
Intertype ,80f 2 22* 22 22 - *
JACOBS PL 22 9* 8* 8* -1
Jewel Tea 2.40a 3 47* 46* 46* -1*
Johns Manv •/«■ 4 120* 120 ,120 -2*
Jones A L Stl a 86 31* 29* 30 -2*
Joy ManI 1.20a 26 JO* 28* 28*-2*
KANS CITY 80 23 19* 18* 18*-1*
Kan city So 914 3 51* 50* 50*-2*
Kayser (J) *g 5 14* 14* 14* - *
Kelsey-Hy A 1 * 3 24* 23* 23*-1*
Kelsey-HayWB 3 17 16* 16* -1
Kenneeott C *C 76 44* 42* 43* -1*
Kinney (GR) >,it 1 19 15 15 - %
♦Kinney *5 pf 6 20 74 74 74
Koppereco 1.60 3 29 28% 28%-%
♦Koppere pf 4.. 50 98% 98% 98% - %
Kresse 8 8 le__ 21 37% 36% 36%-%
Kress 8 H %* . 2 50% 50% 50% -1%
Kroter Co 2.40 5 45 44% 44% - %
uACLEDE. 1 Oc 103 5% 5 5 - %
Lambert Co 2a 4 37 36% 36%-2
Lane Bryant 1 7 12 11% 11% — %
Lees JAS pf3 85 10 100 100 100 4- %
I.ehleb C A N 1 24 10% 10% 10% - %
Leh For Cem %a 7 33% 35 35 -1
Ltd V Coil lPf3 11 18V* 18 -18 - %
Leh V CoalSpf' i 9 6% 6% 6% - %
Leh Valley RR 39 5% 5 5% - %
Lehman Cp 60s 7 42% 42% 42% -1%
Lehn A Flnk'/*l 4 18% 16% 16% - %
Lerner Strs 1 Vi 20 19% 17% 17% -1%
Libby Glass 2 16 51 50 50 -1%
LibbrMeNL ,75s 61 10% 10% 10% - %
Life Savers .85* 2 34% 33% 33% - %
UrcettAMrerSa 5 85 85% 83% -1%
Lily Tulip 1V4-- 5 37% 373* 37%-%
Lima Locom 2a. 11 50% 48% 48% -1%
Lion 011 2_ 9 41% 39% 39% -2%
Llauld Carbn 1. 6 23% 23 23 -1%
Lockheed Aire.. 28 16 15 15% -1%
Loess's Ine 1%.. 76 22% 21% >2 - %
Lone BtarC 8%a 14 69 68 68 -2
Lone-Bell L .S7e 15 15% 14% 14%-1%
Lorrllard Prod 1 8 18% 18% 18%- %
♦Lorlllard pf 7.. 20 168 168 168 - %
Lou GAIA 1%. 2 26% 26 26% - %
LoulsrllAN 3.52 7 46% 45% 45%-1%
LowentnASIVfca 27 20 18% 18% -1%
Lukens St) 40 10 16% 15% 15% -1
MACK TRKS%e 15 47% 44% 44%-3%
Macy <RH> 1.60 17 32% 31% 32 -1%
Matma Cop Vi*. 5 17% 16% 16%-1%
Macnavox 1 . 3 15% 15% 15% - %
Manati Bus Vie. 10 9% 9% 9% — %
Maracaibo 07e 6 3?* 3% 3% - %
Marathon Crp J 13 23 22 22 —1
KarlneMia 20« 24 7V* 7 7 - %
♦MarketStRy pr 1290 11% 11% 11%
MarshII Fid 2a 31 27 25% 25% -2%
Martin Glenn 3 15 27% 25% 25%-2%
Martln-Pary.60 6 16% 16% 16% - %
Masonite Corp 1 10 46% 44% 44% -2%
MasterElec 1.80 5 28% 28 28 -1
Mathieson A1 1 5 28 27% 27% - %
May Dept Strs 3 8 43 42% 42% -IV*
Maytag Co Vie 12 9% 9 9 - %
♦Maytag 1st Pl6 2 110 110 110
McCroryS 1.40a 8 26 25 25 -2%
♦MeCrory Pf 8% 450 105 105 105
McCraw Elec 2& 1 36 36 36 -1
McGrawHlU V*s 5 26% 26% 26% - %
McIntyre 2.01a 5 49% 49 49 -2
McKeseAR 2.40 13 35 34% 34%-1%
MeLellanStria 1 22% 22% 22%- %
Mead Corp .36* 9 20% 19% 19%-%
tMead Cp pf 4V« 20 103 103 103
Mead OP 2 pf 2 1 48 48 48 -1
MelTllle Sh 1.80 « 21% 21% 21% - %
Mencel Co la... 11 19% 18% 18% -1%
^rcantBtml. 9 12% 14% 15 £%
. Bales—
Stock and Add ... Net
Dividend Rate. Ou. Elth Low. 2:30. ehge
Mereh At M Tr 2 3 42% 42 42 - %
Merck *C 1.40 5 52% 51% 51% -1%
Meata Mach 2% 1 41% 41% 41% - %
Miami Cop %* 27 15% 14% 14%-1%
Mld-ConPetl y«g IS 34% 33% 33%-1%
Midland SUP2 3 33 32 32 -2%
»Mid Steel lpl 8 20 140 148 148 -1%
Mlnn-B Re* %f 4 54% 54% 54% - %
tMlnn B pf 3.20 40 109% 109% 109%
Mlnn-Mollne 37 9% 8% 8*4-1%
Mlnp-Mo vfl %k 1111% 111% 111% -1%
MAsStLRy‘,4* 5 11% 10% 11%-%
MSPftSBMAlt 14 9% 8% 8%-1%
Min MsdtM 1.40 4 52% 51% 51% - %
MlsslonCn 1 dSo 11 31 30% 30% -2%
Mo-Kan-Texas 26 5 4% 4% - %
Mo-Kan-Texpf 38 16% 15% 16%-1%
Mohawk Carp 2 2 37% 37V. 37*4-1%
Moiud Hos 20* 14 9% 9% 9% - %
Monsanto C V.« 37 56% 54% 54% -1%
Monts Ward 2a 57 54% 52 52 -2%
Moore-McC L 2 13 2d 25% 25%-1%
Morrell new 1 % 3 25*4 25 25
Motor Prod Vie 8 18>4 18 18% - %
Motor Whl 1.20 9 22 21% 21%-%
Mueller Brs 30* 3 .21% 21 21 -1%
MulllnsMf* .15? 10 16% 15% 15% - %
Munslncwearlie 1 12% 12% 12% - %
MurphyGC 1 Via 5 35% 35% 35% - %
Murray Crp V.e 18 12% 11% 11%-1
NASH-KELVy.g 121 15% 14% 14% - %
Nat Acme 2_ 5 28 27% 27%-1%
Nat Airlines 20 14% 13% 13% - %
NatAuto Fib .60 9 10% 10% 10% - %
Nat Avlat 1 36e 12 14% 14% 14% - %
Nat Bstt 1.20 1 26% 26% 26% - %
Nat Biscuit .70* 20 29% 28% 28% - %
Nat Bd&Sh ,60a 1 22% 22% 22% - %
Nat Can ... 22 10% 9% 9% - %
Nat Cash R %* 31 40% 30 39 -1%
Nat City Lines 1 1 11% 11% 11% - %
Nat Container 3 39 36% 35% 35%-1%
Nat Cyln Gas.80 4 14% 14% 14% - %
Nat Dairy 1.80. 43 30% 30 30 - %
Nat Dent Str la 13 15% 15 15 -1
Nat Distillers 2 143 19% 19 19% - %
Nat Gypsum Vie 59 19 17% 18 -1%
tNat Oyp pf 4V4 20 104 103% 104 +1
Nst Lead Via 3 28% 28% 28% - %
»Nat Ld pt B 6 150 153 151 152 - %
NatLinenSvc.40 2 7% 7% 7% - %
Nat.MiStlC .16* 6 20% 20 20 -1%
Nst Pow & L . 44 1V4 i% 1% - %
■'OH HilCCI T •
NatSugarR 80* 11 24% 24 24 - 14
Nat Supply 32 14 13% 13% - %
♦Nat Sup pf 4la 240 90 89% 89% -1%
Nat Sup$2 ot 3k 8 17% 16% 16% - K
bat Tea la 4 24% 24 24 -2
Nat Vul Pibr .80 4 15% 15% 15% - %
Natomasle 2 12 11% 11% - %
NelsnerBro 80a 9 16% 15% 15% -1
Newmont Mi %g 2 37 36% 36%- %
Newpt Indust 3. 5 27% 26% 27
NewptNws S 2a 15 19% 19% 19% - %
N Y Central RR 129 15% 15 13 - %
N Y Chi & St L 6 23% 23 23 -3%
NYC&SL Pf6’/ak S 83 81% 81%-2
NYC Omnlb lie. 2 15% 15% 15%-X
NY Dock_ 1 22 22 22 -1%
NYShlobldcl lie 8 12% 12% 12% - %
Nopco Cbm .40* 3 48% 47 47 -1%
tNor&WstlOa 1239 231 231%-4%
No Am Avia le . 27 9% 9% 9% - %
Nor Am Co 83f. 40 25% 25 25 - %
No Am Co rt 332 4% 4%< 4%« - %
tNorthernCent4 20 99 99 99 —1
North Pacific lg 65 17% 16 16% - %
tNoStPw PI3.80 30 101% 101% 101% - %
NorthwstAIr lie 26 18% 17% 17% -1%
Norwich Ph 60a 3 13% 13% 13% - %
OHIO EDIS lag 1 32 32 32 -1%
Ohio Oil 14a . 38 21% 21 21% - %
Oliver Corp lie 15 20% 19% 19% -1%
Omnibus Corn 1 17 10% 10 10 — %
♦Omnibus pf 8 40 114% 114% 114% - %
Oppenhelm C 2. 2 21 20% 20% -1%
Otis Elevat lie 16 27 26% 26% — %
Outbd Mot ,:;0g 4 22 22 22 - %
Owens-IllGlslif: 3 73 /2 72 -2%
PAC GAS&EL 2 17 36% 36% 36%
Pac Mills 3 19 28% 27% 27% —2%
tPac Tel&Tel lgl90 106% 106 106% -1%
Pac Tin Cons 8 5% 5% 5% - %
Pac West Oil lie 14 30 27% 27% -2%
Packard M .15* 230 6% 5% 6
PnAmAirwyslie 103 13% 12% 12% — %
Panhdl EPL tie 3 47 46% 46% -1%
Panhandle PAR 24 6% 6% 6% - %
ParafBneCos tig 3 71% 70 71% + %
♦Paraffine pf 4 30 108% 108% 108%
Paramrt Piet 3 148 25% 24% 24% - %
Park&Tilford 3. 7 43 39% 39%-3%
Park Utah C M 26 3% 3 3
Parke Davisl 60 8 37% 37% 37% - %
Parker Rust 2ti 3 30% 29% 29% — %
Parmr.'eeTr 1.20 3 10% 10% 10% - %
Patino M lig— 18 13% 13 13 - %
Penney (JC) 2a 15 42% 42% 42% - %
Penn-Cent Alrl 23 12% 11% 12 - %
Penn Coal*Coke 3 8% 7% 7% — %
Penn-Dixie lie 5 20% 19% 19% -1%
PennOlSnd 1.40 1 34% 34% 34%
Penn P*L ,60r 94 20% 19% 19% - %
Penn R R tag 95 20% 20 20 — %
Pepsi-Cola 70a 110 25% 25% 25% - %
Pere Marquet pf 12 92% 91 91 -114
PereM prpf2’4k 1 108% 108% 108% -414
Petro Corp 4oe .5 9 9 9 — Vi
Pfeiffer Brew 1 6 14 14 14
Pfizer C&Co 2a 16 52% 50 50 -3
PheipsDge 1,60a 47 38 36% 37 -IK
Phila Elect 1.20 15 24 23% 23%-K
Phil&RC&Il* 17 13% 13 13 - %
Philco Corp lli 16 25% 24% 24%-1%
Philip Morllia 28 30% 29% 19% - %
Phillips Petrol 2 4 51% 51% 51% - %
PlttCk&Ch lie 16 11% 11% 11% - %
PltConCoal 1.40 13 21% 20% 20% -1%
Pitts Forgings 1 2 21 21 21 —2
Pitt Plate ,80a. 18 35% 34% 34%-%
PittScr&B .18*. 13 8% a 8 - %
Pltti Steel — 13 10% 9% 9% - %
tPitts steel 6 pf 280 65 62% 64 -2
tPitStl Drpfltik 40 72% 71% 71%-3%
Pitts & West Va 3 13 13 13 -1%
Plttston Ca .. 12 20% 19% 20% — %
Plymouth Oil lb 10 22% 22 22 - %
Poor & Co B 1_„ 6 15 14% 14%-%
PrusStI C pt2V« 2 38% 38% 38% -1%
Proctor & O 2» 9 61% 80% 80% -1
Pub SvcCol 1.65 12 33 32% 32%-%
Pub SvcNJ 38* 32 23% 22 22 -1%
'Pub SvcNJ Pf8 330 142 141 141 - %
♦Pub SvcNJ pf7 90 123% 123 123%
'Pub SvcNJ pfC 390 116 113 113 - %
'Pub Sve NJ piC 160 108 107% 107%
Publlcker Ind 13 23% 22% 22% -1%
Pullman lit . 27 36% 33% 33% -1%
Pure 011 1 33 23% 22% 22% -1%
RADIO CP 20e 133 8% 8 8 - %
Radio Cp Pf3</j 1 74 74 74 -1%
Ra-Kth-O 1 20 87 13% 12% 12%-%
tRRSecIllCenSt 5 18 17% 18 - %
Raybestos 1 V«c 4 31% 30 30 -3
Rayonler Inc . 11 21 19% 19% -2%
Readier Co 1. _ 7 ie% la 18 -1%
Reeves Bros l 7 12% 11% 11%-1%
'Reis R & Co pi 30 97 94% 94% -2%
ReliableStl 60a 2 24 23% 23% -IV
Reliance Ulr la 3 14% 13% 13%-1
RemlncRnd.70b 20 31% 30% 30%-IV
Reo Motors 2%. 19 27% 23% 26 -IV
Rep Aviation... 24 6% 6 6 — v
Recub Picture 33 6% 6% 6% - V
RePUb Plct Pi 1 5 13 13 13 - V
Repub Steel la 110 25 24 24% -lv
RevC&Brass lit 30 19% 18% 18% -IV
Reynolds Met 13 29% 27 27 -2V
'Rey Met pi 5% 160 109 108 108 -2
Reynolds Serine 4 12 12 12 — Vi
'RynldsT 1.40a 10 47 47 47 + %
ReynTobB 1 40a 22 38% 36% 36% -2V
Rheem Mir 1 . 11 20% 19 19% -IV
Rlchtleld oil l. 5 14% 14% 14% - v
Ritter Co >/ir 2 23% 23 25 -IV
Roan Ant .22c 38 9% 9% 9% - V
Royal Type ,05c 13 22 21% 21% — V
Fuberoid 'ig 3 47% 46 47% -IV
Ruppert (J) 1 2 20 19% 19% -IV
SAFEWAY ST 1 22 22% 21% 21% *1V
St Jos Lead 2a 6 49% 48% 48% - V
St L San Fran 28 6% 6% 6% - M
St L SanFran pi 12 24 21% 22% -2V
Savage Arms 1? 11 8% 8% 8% - V
Schenley Distl 2 341 32 29% 294b -2Zi
Scranton Elec 1 5 15% 15% 13% - V
Seab Air L R R 28 16% 14% 15 -IV
Seab A L RR »I 5 48 43% 43% -4V
Seaboard 011 1 17 26 25% 25% -1
Sears Roebck la 52 34 33% 33% - V
Seeger Selrgatr 13 12% 12% 12% — M
SelberlincRub 1 11 12 11% 11% -IV
Servel Inc ,30e. 27 12% 12 12%-V
Shamrock .80 . 15 22 21% 21% - %
Sharon 8teel 2. 17 30 28% 29 -2V
Shrp&Dohme 1. 4 22% 21 21 -2V
Shattuck FG la 7 18 17% 17% - V
Shell B Oil IVae. 13 27% 27 27 - V
Sheraton .20g _ 30 7% 6% 6% - %
Silver King Col. 18 4% 4 4% - V
Simmons Co lit 14 33 32% 32% -2%
Sinclair Oil l._ 43 1514 13 15% — V
Skellv OB 2a . 4 69 68% 68% -2V
Sloss-Shef Steel 11 15% 13% 15% - VI
Smlth&Sonl 40 10 34 32% 33 -IV
Socony-Vac Vja 79 14% 14 14%
So AmGold .log 17 4% 4% 4% - v
So P RlcaSug 4a 7 46% 43% 45% -1
S eastGL'ne 40g 11 13% 15% 15% - V
So OalEdle 1 Va 12 31% 30% 31 -V
So Caro E&O >a 11 7 7 7 - v
Southern Pac 4 96 37% 35 35% -2V
Southern Ry 2 40 35% 33% 34 -2
Soutbrn Ry of 6 3 66% 66 66 — V
Spaldinf&B.ROa 8 17% 17 17 - %
Sparks Wtthlnc 13 5% 3% 5% - M
Spear & Co ’be 2 9% 9% 9% — V
SpencerKel 2.40 9 51% 49 49 -2V
Sperry CplVie. 10 19% 19% 19% - V
Spiegel Inc - . 72 11% 10% 10%-1
'Spleael ot 4% 20 80 79% 60 - V
dona r.nro on® 1 * 1 K _ 11
Stand Brands 2 11 32 30% 31 -1V<
Std Gs&El $4 pi 146 24% 22% 23%-1*
Std Gs&El S6pr 5 100% 93 94 -6M
Std G&EITpr pf 14 103% 104 104 -8M
Std Oil Cal 2.60 17 32% 51% 51% - Vi
Std Oil Ind l'ia 22 39% 39 39% - hi
Std Oil NJ la.. 33 65 63% 63% -IV
Std Oil Ohio 1 13 26 25% 25% - V.
Std on O pf 3% 5 104 104 104
Stand StlSp Vkg 57 13% 12% 12% -lVi
Stercbl Bros 1 . 13 14% 13 13 -l*i
Sterling Drug 2 19 40 39 39 -lVi
SterlncD pf 3 Vi. 2 103 103 103 - Vi
StewartWmVia 12 16% 15% 15% -lVi
Stoleley-Van Vie 27 17% 15% 15% -2
Stone&Web 1 v«e 24 14% 13 14 -lv<
Studebaker Vs* 98 19 18 18% -1V(
Sun Chem 60 . 6 12% 12% ’ -% - Vi
Sun Oil lb 4 73% 73 7 -1
Sunray Oil 30e 90 9 8*4 8% - Vi
Sunsh'reBit.^* 6 36 36 36 —1
'unshine M 4u 30 10% 10% 10% - Vi
Superheater la 2 19% 19% 19V* — Vi
Sup Oil Cil Ire 6 111% 109 110 -2M
SutherlandP 'if 1 40% 40% 43% -lVi
Swlft&Col 60a 6 33% 33% 33% — Vi
Swift Inti 1.60 18 23% 23% 21% - Vi
Salt Elec P 3og 17 22% 21% 22 -1V4
Symins-Qld Via 19 7% 9% 7% - Vi
TENNCORPla 5 15 14% 15
Texas Co 2a 21 57% 56% 56% -IV
TexOttlfPr .20* - 36 12% 11% 12 - Vi
Tex Gulf Sul 2a 5 49% 48 48 -2
Tex Pae C&O 1. 19 27% 26% 26% —1%
Tex Pac LT .30 e 31 17% 17% 17% - Vi
Text Pae Ry 1* 1 44 44 44 -2
Thatcher .60b . 9 16% 16 16 - Vi
ThermoidCo .80. 21 12 11% 11% - U
♦Thennod pf2Vi 70 52% 52 52 -1M
Third Are Trans 15 9% 8% 8%-lVi
ThomaaSU .36* 5 18 18 18 -1
Thompson P V«* 1 45% 45% 45% - Vi
Thom-Starren. 12 4% 4% 4‘^- y
| Slock Market Slumps
$1 to $8 a Share
In Heavy Selling
By Victor Eubank
Aiiaciatad Pr«» Financial WrHar
NEW YORK. April 14.—Heaviest
selling of the year knocked over
down 1 to 8 points with the market
with the averages hitting a new low
since last November.
The list was weak from the start
with motors, steels, rubbers, rails
and a wide assortment of industrials
under pressure. A mild midday
comeback failed to attract many ad
herents and the slide soon was re
sumed.
The ticker tape was late for a
brief interval when pivotals stif
fened. There was a subsequent
slowdown then activity picked up
briskly as virtually all departments
resumed the retreat.
Bottom levels ruled for the ma
jority of issues near the fourth hour.
Dealings were at better than a
2,000,000-share rate.
_<._ci_i. c_i_
■ ' MVMHlIflVIl vivvn VAVIIUII^V
SALES.
Garflnckel 6V4'i preferred—10 at 27%, 20
at 27 %. 20 at 27%.
Capital Transit 1st ref 45—52,000 at
100%.
Capital Transit Co.—15 at 25.
Washington Gas 54.25 preferred—8 at
104%.
Capital Transit 1st ref 45—54.000 at
106%.
PUELIC UTILITIES.
BONDS.
Bid Asked
Am T £ T CV rieb .'is 1950 123%
Am T £ T cv deb 2%s 1061 113% 114%
Cap Transit 1st 5s 1947 100% _
Cap Transit 1st ref 4s 1064 105% _
City £ Suburban 5s 1948 109 __
Georgetown Gas 1st 6s 1961 126% _
Pot Elec Pow 3%s 1966_105 _
Pot Elec Pow 3%s 1977 .. 110 _
Washington Gas 5s 1900 128 _
Ter Rf£W Cp 1st 4%s 1948 102 103
STOCKS.
Amer T £ T (9) . __*163% _
Sm Steamboat 4?’::; isr V_
Pot Elec Power O'"? pf (6) 108% 111
Pot El POW 5%%• pf (5.50) 108V* 110%
Wash Gaa Lt com (1.50) *22% 24%
Wash Gas Lt cum pfd (4.25) 104% 108
Wash O Lt cum cv pf (4.50) 107 108
Wash Ry & El com (a9.00) 640 _
Wash Ry £ E! pfd (6)_ 120 _
BANK AND TROST COMPANIES.
Amer Sec £ Tr Co (101 _ 305 320
Bank of Betbesda (tl.OO). 45 _
Capital (.80) ... .31 ._
Com £ Savings (new) (10). 302% 400
Liberty (t7> 300 _
Lincoln (tS>. Hid _
Nat'l Sav Tr (8 00) . . 380 ....
Prince Georges B £ Tr (tl) 25%
Riggs (12) *340 3)0
Union Trust (new)_ 41
Washington (6) ISO 190
Wash Loan A- Tr >12) 323 365
FIRE AND TITLE INSURANCE.
American (t6) __150 _
Columbia <t.30) _ 12% _
Firemen’s U.40) 32 _
National Union (.75)_ 14 _
Real Estate <46) 185 _
MISCELLANEOUS.
Carpel Corp (2.00) ... 40
Garflnckel com inew) (1.50) 18 19%
Garfi 5%C7 cu cv pf (1.375) 27 28%
Garfi 4%%cu cv pf (1.125) 32% 23%
Hecht Co. (1.60). ... •35% 26V*
Hecht 3% cu pfd <3.T5>_._MOO 104
Lanston Mono <1.001 . .. 13 14%
Mergenthaier Lino (a.75) 48 50
Natl Mtge & In? pfd (p.40) 0% _
Peoples Drug St com (tl.60) 47 _
Security Storage (+S)_ .. 106 _
Ter Ref £ Wh Corp (3) 57
Wdwd £ Loth com <t2.00) 60 55’
Wdwd & Loth pfd (7)_125 _
•Ex dividend, b Books closed. tPlus extra
or extras, a Paid so far this year, p Paid
1946. __
New York Cotton
NEW YORK. April 14 VPi.—Cotton fu
tures were weak today on commission
house and New Orleans liquidation which
met light rcale down trade support.
The market was affected by strike de
velopments. lack of activity in textiles and
spot cotton markets, and a sharp re
action in securities.
Considerable may liquidation and
switching into later months took place.
Late afternoon prices were 51.70 tc
$2.10 a bale lower than the previous close.
May, 34.14; July, 32.09. and October.
Foreign Exchange
NEW YORK. April 14 UP).—Foreign ex
change rates follow (Great Britain in dol
lars. others in cents):
Canadian dollar in New York open
market, 7 per cent discount or 81.00
United States cents, down '/* of a cent.
Europe—Great Britain, 4.02%, up
of a cent; France (franc). 0.84%, un
changed; Sweden (krona), 27.88, un
changed: Switzerland (franc), (commer
cial). 23.40, unchanged.
Latin America—Argentina, free. 24.42,
unchanged; Brazil, free, 5.50. unchanged;
Mexico. 20.62, unchanged.
Sales—
8tock and Add Net
Dirldend Rate. 00. High. Low. 2:30. chge.
Tide Wat Oil la 24 10% 15% 15% - %
tTideWat pf3% 10 104% 104% 104% + %
Tim-Det Axl %g 20 17% 14% 16% - %
Timken R Br%g 7 42% 41% 41% -2%
Irnsamerlca %a 39 12% 12% 12% - %
Trans ft W Air 14 19% 18% 18% - %
Transue ft W 1 1 15% 15% 15% - %
Tri-Cnt Co ,30e 53 «% 5% 5% - %
20th C-POX 3a 92 31 29% 30 -1%
Twin Coach ... 17 13 12 12 -1
UNDERWD 2a 5 48% 46 46 -3
UnAsb&Rub .70 4 12% 12% 12% - %
Un B ft Pa >.ie 31 30 29 29 -2%
UnCarbide lVi*. 23 96% 94 94% -2%
Union Oil Cal 1 36 20% 20 20% - <H
Union Pacific 6 3 123 121 121 - Vi
Un Tank Car 2a 1 33% 33% 33% - V
Utd Air Lin Vie 55 26 24% 24% -1V(
Unit AlrLnf 4Vi. 3 118% 117 117 -3
Utd Aircraft 1.. 66 18% 17% 18%-1
Unit Biscuit la. 6 43 42 42 -1M
Unit Carbon lg. 2 73 71% 71% -2V
Utd Car F 1.20a 2 29% 29% 29% - Vi
Unit Cigar Whal 48 5% 5% 5% - V
UtdCorp... ..386 3 2% 2%- V
Unit Corn pf 3 4 91 51 31 - V
United Drewood 1 7% 7% 7% -1
tUtdDye pfl%k 10 87% 87% 87%-2V
United Fruit 2a. 32 47% 47 47 -1
UnitGslm 1.30a 11 22% 22 22 -1
Unit M 4 M la 59 14 13% 13% - M
1 Utd Paperboard 10 14% 13% 13% -IV
Utd-RexDru Vi* 43 8% 8% 8% - V
USftFSec 1 30e 33 17% 16% 16% - V
1 U S Freight %g. 6 16 15% 15% -IV)
U S Gypsum 2 8 96 92 93 -3W
tUS Gypsm pf 7 10 196 196 196 +1
US Hoffman 2a 5 24% 23% 23% - V
! US Indus Ch la 4 46% 46 46 -3*
1 US Leather 2 7% 7% 7% - Vi
1 US Leather A 2. 16 34% 32% 32%-IV
US Lines 2 48 20% 20% 20%-IV
US PineftFyl 60 5 40 38 38% -2
1 n S Plywood 80 12 29% 28% 28% -IV
♦US Plywd Pf3% 10 102% 102% 102% + V
1 US Rubber 2g 43 47% 45% 45%-2V
US Rub 1st Pf 8 2 154% 153 193 -3V
US S RftM 1 Vag 23 43% 42% 42%-IV
US Steel 4 .. 148 68% 66 66% -IV
US Steel Pf 7 .. 3 149% 145% 145% - V
U S Tobac 1.20. 9 20% 20 20 - V
Unit Stkyds Vi*. 9 6% 4 6 - V
Utd Strs 2 pf— 14 9% 8% 8%-IV
Ut WaU Pap y4e 43 8% 8 8 - V
UnlvLab_ 7 6% 5% 9%-Vi
Unlv Picture* 2. 8 23% 23 23 -IV
VAN NORM y4g. 7 16% 16% 16% - V
VAN RALT .60*. 9 33% 32% 32% -1%
Vanadium Corp 8 16% 16 16 -1
Vert-Cam Sug 2 12 16% 16% 16% - %
Va CarolinChem 8 6% 6% 6% - %
Va-C Chfi'.pfik 4 76 75 75 -4
Va Railway 2% 4 40% 39 39 -2
Visking Cp 1.60. 4 36 35 35 -1%
WALDORF la . 3 16% 16 16 - %
Walgreen 1.60 . 2 32 32 32
Walker HI 1.20 11 193* 19'* 19V* - Vi
WalworthCo V,e 5 10V* 10 10 - Vi
Ward Bak .15a 3 13V* 13V* 13V* + Vi
Warner Bro 1V, 28 15 14V* 14a* - Vi
Warren Fndry 1 22'* 22'* 22'* -1
Warren Pet 80 2 35 35 35 -1
Wash GasLt 1 Vi 1 24 24 24 + V,
Wayne Knit'ig 5 21 21 21 — Vi
Wayne Pump 2 1 33V4 33V* 3JV4 -1
Webser Tobac 7 8 7V* 7V* - 34
'Wesson Oil p!4 30 86V* 86V* 86V* - Vi
West Ind Sug la 33 20V* 29V* 29V* -IV*
tWs Penn II A 1 20 113 113 113 -1
WVa PulpAP 1* 7 38 36 36 -2V*
Western Air Lin 15 8 7'* 7'* - Vi
WestAutoSup 8. 5 49 47 47V*—3
Western Md ... 2 53* 53* 53*- Vi
West Pacific S._ 6 33 32'/* 32V*-23*
'West Pac pf 5.. 1 05 86 85 -1
West On Tel A.. 37 18V* 18V* 18'*- Vi
Wstna 4’r Br la 14 30 29V* 29V* - Vi
Westing Elec 1 _ 41 23V* 23 23V*- Vi
Weston Elec V4*. 1 46 46 46 —4Vi
Westvaco 1.40 1 313* 313* 31V* -134
tWestvaC pf3% 110 100V* 100 100 - Vi
Wheel Steel If. 12 36 C33 33 -4
White Motor la 7 233* 23 23 -1
White Sewing M 19 13 S12V* 12V*
Wilcox Oil_ 10 7 6V* 63*- Vi
Wlllys-Overland 61 93* 9 9 -1
Wilson A Co 80 25 123* 12'/* 123* - Vi
Woolworth 2* 18 47V* 46 46 -lVi
Wrthng PAM lb 10 57 54V* 55 -3Vi
*WPMcvorpf*Vi 20 9SV4 95V* 95V*- Vi
♦ Wthng prof4 V» 10 92 92 92 -IV*
Wrigley W Jr 3 1 67V* 67V4 67Vi — Vi
Wyand Wor 40a 11 11 105* 103* - Vi
York Corp .80 3 .123* 123* 123* - Vi
YngSpAWire'.s* 1 173a 173* 173*- 34
YungSheet&T 4 13 603* 60V* • 0 a -lVi
Youngs Stl Dr 1 5 17V* 17 1/ -1
ZENITH HAD le 16 19V* 18 18 -13i
ij ZonlteProd .15* 6 83* 8Vi 8V* — Vi
Hanrly Sale* an the Exchaaia Taday:
11:00 a.ir.. 520 000 12:00 noon 1000 OOC
1:00 D.m.. 1 360 000 2 :U0 D.m.. 1 830 OOC
tunlt of trading. 10 aharaa. *ln name
i roptcy or recelyership, or bain* reorganise)
under the Bankruptcy Act. or s« curl tie
aasumed by such companies. Rates a
dividends In the foregoing table are annua
1 disbursement* based on the last quarter!
or semiannual declaration. Unices other
viie noted, special or extra dividends an
not Included, xd Ex dividend, xr Ex rights
a Also extra or extras, b Plua stock dirt
dend death or stock, a Paid last year
f Payable m stock. * Declared or paid m
far this year, h Payable in Canaiftai
funds, k Accumulated dividends paid a
' declared this year. K
- • .v. •
N. Y. Bond Market
irmT££s&&'ikr&F&uer"
TREASURY 3:3ft lot O N lit8*52 33%
2 Vis 73-67 Jan 103 13 IntR7dreE10#44109%
*%• TM7DHU9 11 Int TAT Ml 93100%
HEW YORK 0X1 Ken C Em 4*74 104
i in 11*4 Leh VI 5s2003lt 42%
ww, -L*hVll4Vit2003 40
f0**1?*.. .. 132 UhTlHl2003 39
Antloq lit 7l 47 22% LAN 2003 . M%
AnitnltalVMi 100% uk pm mj k.iq 34
ChUeMB6s6le. *•% MSPSSU4,81 92%
D"™"* «* 43. 98% M-K-T 6s 62* . 00%
Peru 2nd 8* 81. 17% Vf0P»e6Vi«49 18%
DOMESTIC 3:30 Mo PM 5*77 F. 66%
Am TATS*is 81 113% Mo Pm 5l 81 I 70
Am TAT 2%* 76102% Mo Pec cn 4l 75 25
AmTAT 2*„ s 80101% MorrlsAEex5s65 88
ATS741 95.. 131% MorisAE 4Vi*55 62%
BA 095 A . 57 MorAE8Vis2000 98%
BAO 2000 D 96% NY ChASU 3*80 89
BAO 96 F_96% N O I M 5%»M 93
tlAOcvWI... 41% N O T M 5s 54 .. 88
BA04S48 86% NOTH 5(66 86%
Beth Stl 2V*s 70103% 3 OTM 4 Vis56 83
Bolt N YAL 4s55 39 NYC rf 5s 2013 83
BufRochAF57*t 63 NYC 4V4S3013A 74
Cut Pec 4s pern 103% NYC con 4« 98 70
Cent Oe cn5*45 92 ►JYCAST-maSe 96%
CRRNJ5sR7 35 NYNBAH 6s 48 37
CAO 3Vis 96 D 109% NYNHAH4V?s67 39%
ChlAAlten 3s49 37% NYNHAH 4i 57 13
C B & <3 3Vis 85102% NYOW rf 4s 92 9
ChlAE I toe 97 30% NYOAW *n4s55 4
COW 4Vis 2038 45% NorflkSoSs 2014 37
CMStP4Vis2019 81% Nor P clt 4Vis75101%
CM8tP4Vis2044 93% Pec OAE 3s 74 106%
ChlANW 4Vis99 75 Pee TAT 2y«s85103%
Chi R» 6# 27--. 66% PennRRg4Vis65106%
CRIP 4Vis 62A. 90% PennRR Sy*S52 99%
CRIP 4 Vis 60_16 Reedtof 3 Vis 95 99%
C RIP 4s 88_70% StIBF4Vi«2022 43%
CRIP rf 4134 - 44% 8tL8snFrn4s97 83
CCC8tU4Ux7? 73% n**h <n4«.s2ft1A 67
Clev Dn Tr 5s73106 Sea A L 4a 98 100* i
Col G&E 3 Vet711064* Shell Dn 2V4S71 994*
Dn&ROW5s55 a 3 SoPXc444sOr77. 9944
D*RG3-4s93wl 874* So Ry 644* 56 .120
DwChm2,35s 6110044 So Ry en 6s 94 126
Duo Lt 3Vis 65 -1094* StdOUNJ34is71 99
Erie 4 Vis 2015 704* Third At* 6s 60 59
3t North 3!is9010344 Third Ave 4s 60 947*
GM&O B2044W1 64 Ward Bk 6Vis70lO5’/i
Hud&M In 5s 57 181/4 West Dn 6s 51 85
j ICCStL 4Vis 63 6644 West Dn 4Vis 50 864*
I IntGtNor Os 52 18 Wise Cent 4s 49 64
N. Y. Curb Market
LIST INCLUDES ONLY SELECTED ISSUES
CHANGED FROM PREVIOUS CLOSE.
2:30 Imp Oil Ltd Vi .. 114*
Alum Co Am 2 6044 Invest Roy .04.. 14*
AmC P&L B.lBe 54* Kaiser-Frazer.. 54*
Am Cynamid 1 a 424* Kirk LOM.02. 144
Am Gas & El 2a 3944 LltnstonMMch 1 13
Am Maracaibo.. 24* Leonard Oil Dev 14*
Am Repub 44a— 1944 Logans Distill.. 6
Am Superpower 144 Louis LdAEz .60 124*
AnehPostPr.20g 74* McCord Cp .20g 16
Apex Elec Mix.. 74* McWlU Dredge. 10
Ark Nat Oas A.. 44* Menasco Mfg.. 2
Atlas Corp w w. 44* Mid Wst CrpVig 21
Barium Steel... 44* Mining Cr> Can. 74*
Basic Ref ret .40 64* NatBeUasH ,20e 34*
BeaunltMls 1.40 15V4 Nat Fuel G .80. 1344
Blue Ridge ,43e. 344 New Mex & Arlz 4
Breeze Cp 1 60 1444 Niagara Hud Pr 74*
BrownFDist. 80 174* NUes Bern ,15g. 124*
Bnk Hill & S 44a 1044 No Am Lt & Pwr 8
Burma Ltd ... 144 Pan Am Air war 2
Burry Biscuit.. 9 Pantepec Oil .64 9>*
Calllte Tung . . 37* Pennroad Vie . 6‘/«
Carr Con Blsc 1. 134* PhillipsPXglVie 1444
Catalin Am ,40a 13 Pioneer Gold . 3Ma
Cent & Sw Corp 974 Pitney-Bow 60 1144
Cities Service 254* Powdrl&Alex la 14
Claude Neon 244 R-K-O opt war 3
Colonial Airline 77* Raytheon Mfg 74*
Col FuelAIr ww 44* Richmond Rad 4
Colts Pet F Arm 304* RioGrValG 05g 174
Comn&Sou war 4* Ryan Aero .40 54a
ConsStlCorp Vii 2IB St Lawrence Cp 10
ConsTextlle.60a 84* St. Regis Paper. 87*
ContFdy&M 4ig 144* Salt Dome OH 74*
Crown Cent Pet 44* Schulte DA .20g 4
CrownDrug.lOg 4 Segal Lock ... 3
Delay Strs .30g. 74* Select Indust... 24*
Dennison A .40g 10 Solar Aircraft.. 9
DetMStoye ,80a 11 Soss Mfg_ 64*
Domestic Credit 34* Starrett Corp. _ 54*
East Gas&Fuel. 24* Sterling Inc 44. 944
El Bond&Share. 114* Textron Inc Vig. 1244
Elliott Co_ 19 Trl-Contl w w._ 244
Fairchild E & A 24* Udyllte Corp 1. 124*
Fansteel Mtl Vie 134* Utd Lt & Rys 1. 2144
Fedders-Qulg.80 124* O S Foil B .16g 154*
Ford MLtd.l56e 64* Utah-IdSug.168 34*
Gen Plywd ,80a 204* Venesuela Petr . * 57*
Goldfield Cons. 7* Wilson Bros 44e 64*
Hazeltlne Vig... 14 Woolh Ltd .29og 134*
Hecla Min 1 . 12V* Wright Harg .16 244
Rates of dividends in the foregoing
table art annual disbursements based on
the last quarterly or semiannual deala
ration. Unless otherwise notel. special
or extra dividends are not Included,
a Also sxtra or extras, b Plus stock divi
dend. d Cash or stocx. e Pa'd last year,
f Payable In stock, c Declared or paid
so fir this year, h Payable in Canadian
funds. k Accumulated dividend# paid
i or declared tbls year. n Now fssua
! ww With warrant* iw Without warrant#
; ^ i • •
v_im.ugu varain
CHICAGO. April 14 «■).—Grains sagged
today in sympathy with a break in se
curities, but for the most part losaes
were not large.
The May wheat delivery was the weak
est contract. It plunged around 7 cents
at times in reflection of lower prices for
cash grain in the Northwest. In contrast,
other wheat contracts were steady to firm
throughout the session.
Corn weakened despite support from
export houses. A bieak in hog prices in
fluenced selling of the yellow grain.
Clearing weather In the Midwestern oats
belt, which should speed up planting of
that grain, caused some selling.
Lard broke sharply In sympathy with
the hog decline. There were reports of
some difficulty in storing loose lard. Trad
era noted that the Government had not
announced export allocations for this
commodity.
Wheat closed 5% lower to 1 cent
higher, May 2.52%-2.51%; com was un
changed to 1 cent lower. Mey 1.75%-%:
and oats were 1% lower to % higher.
May 86%-%. Active lard futures closed
90 cents to $1.25 a hundred pounds low
er. July 23.75.
WHEAT—Open. High. Low. Close.
May_ 2.50 7.50% 2.50 2.42%51%
July 2.10 2.17% 2.15 2.16%-17%
September 2.10% 2.12% 2.10% 2.11%-12
December 2.09 2.10% 2.08% 2.10
CORN—
May.. .. 1.74% 1.75% 1.73% 1.75%-%
July 1.64% 1.00 1.63% 1.66-65%
September 1.53% 1.54% 1.52 1.54-54%
December 1.40% 1.41% 1.39% 1.41%
OATS—
May_ .87 .87% .85% .86%-%
July... .. .79% .80 .78% .79%-%
September .73% .74% .73% .74%-%
December .72 .72% .71% .72%
BARLEY—
May - . - - - 1.60
LARD—
I July-- — 24.00 24.00 23.75 23.75
I September 22.50 23.50 22.60 23.00
October.- _ 21.50
November 18.25 18.60 18.25 18.60
Chicago Cash Market.
1 Wheat, none. Corn. No. 4 mixed,
1.87%; No. 2 yellow, 1.S4: No. 3. 1.80%.
1.83%; No. 4. 1.72%-1.79%. Oats. No. 1
i heavy white, 96: No. 2 heavy white,- 97.
, Barley, malting. 1.60-1.97, nominal: feed,
, 1.30-1.56. Field seed, per hundredweight
; nominal: red clover. 43.00-47.00: sweet
' clover, 11.50-13.00; red top, 17.50-18.50;
; timothy. 7.40-7.75._
Chicago Livestock
< CHICAGO, April 14 m <U8DA>—Sal
able hogs, 9.000: total. 13.000: slow
weights under 240 pounds opened 75 tc
, 1.00 lower: later trade on all weight!
1.00-1.25 lower compared lest Friday's
average: sows. 1.25-1.50 lower: good anc
choice 180-240 pounds. 24.50-25.00: toi
1 25.00: 240-270 pounds. 23.75-24.50; 270
i 310 pounds. 23.00-24.00: few heavlei
i weights down to 22.50; good and cholct
i 450-000-pound sows. 19.00-19.50; fe*
, light sows up to 20.00 and occasionally
, above: prospects Incomplete clearance.
Salable cattle. 14.000: total. 14.000:
1 salable calves. 1,500: total, 1,500; fee
steers and yearlings, including yearling
heifers, 25-60 lower; lartely steer run;
high-medium to low-choice kinds selling
slowly at 21.00-24.75: low-choice year
ling ateers. 24.00-24.60; good heifers,
22.50 down; choice 1,150-pound steers
topped esrly at 25.50. with 26.00 bid on
choice medium weights: cows *25 lower:
Buns steady; veaiers weak at 22.00 down:
most beef cows 13.00-15.50;, cutters.
12.75 down: practical top weighty saus
age bulla 16.75.
Salable sheep. 3.000: total, 3.000: mar
ket not established: wooled lamb quality
not particularly attractive with nothin*
strictly good and choice offered: most
early packer bids sharply lower: bidding
21.50 on wooled lambs held upward to
22.50 and better: two cars good and
choice California clipped lambs with fall
shorn pelts held around 21.00; other
classes scarce.
Market Averages
STOCKS. 30 15 15 60
„ . Indst. Rails. UtU. Btk‘
Net change-—1.3 —.5 —.3 —.9
Today noon._88.8 31.2 42 7 61 *
Prev day-88.i 31.7 43.0 62.7
Week ago - 90.2 33.4 44.3 64.5
Month ago- 88.6 33.6 44.3 63.0
Year ago-107.5 48.6 53.9 70.4
1947 high- 94.6 38.5 47.2 69.0
1947 low - 87.5 31.7 43.0 62.7
BONDS. 20 10 10 1010 Low
_ . t Rails. Indst. Util. Pgn. Yield.
Net change —.2 unc. une. —.1 -l-.l
Today noon 93.7 104.1 105.3 76.8 116 4
Prev. day . 93.9 104.1 105.3 75.7 116.3
Week ago.. 94.5 104.0 105.2 75.8 116.3
Month ago 94.7 103.7 104.5 75.6 116.2
Year ago .105.8 104.5 107.8 78.6 120.2
1947 high- 97.1 104.2 105.4 76.6 116.5
1947 low 93.9 103.3 104.0 74.6 115.3
(Compiled br the Associated Press.)
Washington Produce
Prom the Department of Agriculture.
EGGS—Market firmer: receipts light
and about ample to fair consumer de
mand. Current price levels discouragin’
Into storage movement. Prices naid fob
Washington for Federal-State graded egg:
received from gradin’ stations Monday
April 14. 1947. Whites, browns, mixed
colors. U. S. Grade A. large. 51: mediums
48: U. S. Grade C. 39. Commercial graded
eggs. Grade A. large. 48-52. Current re
ceiots 42-43.
LIVE POULTRY—Market firm: receipts
light: demand fair. Prices paid fob Wash
ington. Fowl, heavy type. 34: light type,
21. broilers, fryers and roasters. 33.
DRESSED POULTRY (Iced and West
ern box packed—Market firm; suppllei
very light: demand fair. Price* paid fob
: Washington. Fowl, heavy. 43-44: broiler*
39-40: fryer*. 38-39; roaatera, 4 pound*
I 36-37; 4tb pounds, 40-41; 5 pound*
few 44. _
; Dividends Announced
. REW YORK. April 14 W).—Dividend:
1 declared:
I
r Tokheim Oil T At P™*! 6c - B-2 5-11
Zenith Radio _91 4-24 4-3<
Scrapping of Anti-Aircraft Net j
Leaves U. S. Open to Attack
•y the Associated Prni
The United States—its wartime
aircraft detection network all but
dismantled—is virtually wide open
to a surprise attack from the air.
An unofficial survey indicated this
today after the disclosure last week
of a document dealing with War
Department thinking on the na
tional security effects of the atomic
bomb.
That document, prepared primar
ily for congressional use. commented
that present-day methods of deliv
ering an atomic attack are limited
to long-range bombers or bombs
smuggled in by agents. Rocket de
livery is something to be reckoned
with in the future, the paper said.
Questioned by a.reporter concern
,ing the aerial assault theory, offi
cers assigned to the development
and employment of defense weapons
emphasized that the greatest prob
lem would be the detection of any
attacking force in time to get fight
er aircraft and antiaircraft guns
into action.
War Precautions Cited.
During the war the seacoasts,
hnrripr* nnrt lntf»rinv nf t.hi* miint.rvi
were covered by a tie-in radar net
work which detected the approach
of aircraft from any direction and
plotted its course as it moved in
land.
i !
Demobilization reduced Army and,
|Navy manpower to the point, how-i
ever, wnere it no longer became
possible to operate this detection
complex. While it is presumed
that local defense areas still in
operation continue to use radar
detection equipment, they are not
numerous enough nor linked to
gether to form a screen.
One officer summed it up this way:
“It would be possible today for a
foreign aircraft to approach and
fly clear across the United States
without ever being reported.”
Experts agree that until the advent
of guided missiles and improvement
in the accuracy of rocket-type
weapons, the defense against attack
by air must rest, as it did in World
War II, primarily on anti-aircraft
artillery and fighter airplanes.
Situation Outlined.
In general, here are the present
situations of the two defensive
branches:
Anti-aircraft artillery: Today and
for some time to come, the main,
AA guns will continue to be the 801
and 120-millimeter weapons, the
long range “stratosphere guns” de-1
veloped in the latter half of the war. j
But the velocity of these guns must!
be imnroveri tn mntr*h pnngforiMv *
increasing bomber speeds.
The electronic tracking devices by
which an airplane is detected and!
then kept in the line of fire pre- j
sently has capabilities beyond those
of the guns. There must, however,,
be further improvements in the
reliability of the radar equipment
to reduce the percentage of opera
tional failures. Antiaircraft bat
! teries are approaching a stage of
design where they will be almost!
entirely automatic, locating, sighting
and fnng on airplanes with vir-;
tually no manual help save the load
ing of magazines by crews.
Fighter aircraft: Because of the
premium placed on speed and the
ability to climb high quickly, the
Army Air Force is placing major
emphasis on Jet aircraft, with at
least a temporary sacrifice of range.
Longer Range Studied.
Meanwhile, all possible methods
of getting the jets out farther to
combat atom-bomb carrying planes
before they can reach the boundaries
of the United States are being
studied. These include, in addition
to refinements in engines to im
prove fuel consumption, studies
looking into the possibility of carry
ing the fighters to probable points
of contact with the enemy in longj
range bomber or transport type
planes and then releasing them into I
he air.
But both the fighter plane and
snti-aircraft services have the com
mon problem of advance warning
that an attacker is on coming. Here ,
he frequently-expressed need for '
in expansion of the Nation’s intel
igence system — information that
indicates trends toward war prepa
ration abroad—is pointed to by
Doth. The next warning line is
iircraft detection.
One airman commented that to
meet the requirements imposed by
nigh speed bombers a radar detec
tion system should be able to reach
DUt 1,000 miles offshore. Present
radar systems have ranges only a
traction of that distance. Some
strategists have suggested that a
‘radar picket line” of naval craft
and patrol planes operating hun
dreds of miles offshore might be
the solution.
Steel Firms Worried
By Talk of Strike;
Output Maintained 1
By the Associated Press
CLEVELAND. April 14.—Optimism
in the iron and steel industry i
“less bouyant," the magazine Stee
said today. I
It cited "the ominous threat ©
widespread shutdown of furnace
for lack of fuel” although it too!
the view that the “current coal min
stoppage appears to be peterint
out.”
Steel also reported that talk of :
steel strike "when the present con
tract extension expires April 30 1 ‘
being bandied about alarmingly
Chances are still good there wl!
be no widespread steel walkou
however."
On the price situation the maga
zine said "some market opinioi
leans to the view a token cut o'
$1 to $2 per ton in base steel pricer (
may be forthcoming, especiall; 1
should first quarter data show stee
earning substantially above those in
the last quarter of 1946.”
The national ingot-making rate
ucxu up ouipxxxi^x.y wru mac wccr.
despite curtailed fuel supply, said
che publication, as the national fig
ure dropped off one-half point to
96.5 per cent of rated capacity.
Steel §aid the scrap market "ap
pears to be in an indecisive po
sition," with prices “easing off at
various consuming points.”
Spria's weaving and knitting In*
dustry now has 12,007 hand looms.
■ LOANS
ON
REAL ESTATE
Various plans. Including long-term
monthly payments, at favorable rate
FIRST DEED OF TRUST ONLY
RENTALS—SALES—INSURANCE
GEORGE I. BORGER
. 013 Indiana Av*. N.W.
NA. 0350
TRUSTEES' SALE
lo settle an estate
Southwest Properties
635 2nd St, 705 2nd St, 707 2nd
St, 918 4th St, 223 F St, 225 F
St, 227 F St, 75 G St, 77 G St, I
115 G St, 339 K St, 215 G St., !
217 G St.
NORMAN E. SILL
JOHN D. FITZGERALD
No. 3520 & No. 2880
i
I
Thot‘s why we maintain a thoroughly organized [s
1 department in charge of a trained staff; each
member of which is an expert in his particular line.
== 5EE:
A complete service—rents, repairs, complaints,
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| B. F. SAUL CO. |
925 15th St. N.W. (5) NA. 2100
|= First Trust Loans • Property Management • Insurance j3
I
l Learn About Our ♦
♦ ' Direct Reduction Plan t
t Of Home Financing ♦
4 'J’HIS plan helps you own your home ♦
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Each month your interest decreases and your
equity increases. One payment each month
takes care of interest, curtail of principal and
taxes and insurance, if you wish. Consult
us about home financing.
National Permanent
BUILDING ASSOCIATION
719 Tenth Street N.W. NAtienol 0254

Evening star. [volume], April 14, 1947, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], April 14, 1947, Page A-17, Image 17 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], April 14, 1947, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972