Evening star. [volume] (Washington, D.C.) 1854-1972, September 12, 1947, Image 15

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Evening star. [volume], September 12, 1947, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 12 Sept. 1947. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1947-09-12/ed-1/seq-15/>

Newspaper Page Text

Controllers' Chief
Names Committees
For Year's Activities
By Edword C. Stone
Charting a very busy year’s ac
tivities. Henry W. Herzog, controllei
of Georgetown University and presi
dent of District of Columbia Con
trol, Controllers' Institute of Amer
ica, today announced appointment
of seven standing committees lot
3<347-8. as follows:
Advisory—F Chsrir* Brown. Nations
Orographic Society: Raymond G. Marx
F kf National Bank: J. Edward Heberle
raoital Traction Co.
Auditing—.lames E. M Brown Recon
et-uction Finance Corporation, chairman;
Rov w. Wadf. Capital Transit Co.: J. C
Godwin. Woodward A* Lothrop.
Admissiops — Howard G. Oherlander
United States News Publishing Corp
fhairman; William R. Little. Evening Stat
Newspaper Co.: Otis H. Ritenour, Wash
ington Gas Light Co
Education — Milton A. Barlow. Hot
Fhcppes- Inc., chairman; Charles L. Carr
roomac Electric Power Co.: P. L. Hock
man. O'Sullivan Lumber Corp.
Program — Peter Guv Evans. Excest
P-oflts Council. Bureau of Internal Reve
nue. chairman: William G. Carroll, En
g peering & Research Corp.: L. J. Var
Herpe. Pan American Sanitary Bureau
Revrold A. Lee. Julius Garflnckel <& Co.
Publicity—F. Charles Brown, chairman:
Peter Guy Evans and Howard G. Ober
iander.
Archives—Charles L. Carr, Potomat
Electric Fowcr Co., chairman.
Fisher Wins Trustee Post.
H. Cochran Fisher, Aetna Life
member of the District Life Under
writers Association and one of the
Capital’s veteran insurance leaders,
was elected a trustee of the Na
tional Association of Life Under
writers in Boston yesterday.
There was a very lively contest
for three vacancies on the board
ThP Washington delegation. George
A. Hatzes, chairman, worked hard
for their candidate. Mr. Fisher has
served as a national committeeman,
held other national offices, is a
former president of the District
Association and is a chartered life
underwTiter.
Electricity Sales Climb.
Electricity sales in the District of
Columbia is August totaled 135,7(9,
797 kilowatt hours, a gain over
August. 1946. of 5,199.317 kwh., or
3 98 per rent, Potomac Electric
Power Co. officials announced today.
Sales outside the District amount
ed to 21.369.945 kwh., a 10.24 per
cent gain, making total sales of
157.149.742 kwh., tip 7.184.851. or
4 79 per cent over August a year ago
The best gain was in general sales,
there being a 4 per cent decrease in
sales to railroads and railways,
Bank Assets On Increase.
The Richmond Reserve Bank re
ported today that combined assets
of Washington's banks reached $1.
002.190.000 on September 3. com
pared with $979.7240.000 on August
27.
Loans continued to advance, the
total of $193,101,000 on the same
date compared with $191,246,000 a
week earlier. Total investments
moved forward to $550,098,000 from
$451,246,000.
Demand deposits totaled $745,
002.000 and time deposits $193,708.
000 on the date of the review. In
the whole Fifth District, loans, in
vestments, deposits and assets also
moved upward during the week.
Irwin to Address Club.
While in the city to address fhe
American Institute of Banking din
ner at the Mayflower Hotel, next
Wednesday night. William A. Irwin,
national director, will also address
the National Savings Club in the
afternoon at the National Savings
thrust Co.
Business Briefs
Moitey in Circulation declined to
$28,742,000,000 or. September 10, a
drop of $7,000,000 from a week
earlier, and $243,000,000 below a
year earlier. — Federal Reserve
Board.
Sales of Chain Stores and mail
order houses m July totaled $1,912,
000.000. a jump of 20T from a year
earlier — Commerce Department.
Building material stores showed the
largest gain of 5077, and grocery
stores were second with an increase
of 4077.
Rayon Shipments in August to
taled 81.500.000 pounds, a rise of 1%
1II.U11 U1C U1UUUU ClllV-t
121/2% above the same 1946 month
—Textile Economice Bureau.
Listed Bond Values on the New
York Stock Exchange totaled $141,
235,834,445 on August 29. an average
price of $102.62 per hundred of par
value. Average value on July 31 was
$102.33.
Foreign Silver Prire at New York
was advanced >4 of a cent yesterday
to 7012 cents an ounce.
New York. New Haven A Hart
ford Railroad, under Federal re
ceivership since 1935, was authorized
in Federal District Court at New
Haven to resume virtually full man
agement of its affairs and put into
effect its reorganization plan.
Consumer Power Co. plan to sell
$25,000,000 of first mortgage 30-vear
bonds at competitive bidding was
approved by the SEC
Wisconsin Public Service Corp.
received SEC permission to borrow
$2,600,000 from several banks to
finance construction costs tempo
rarily.
May Department Stores Corp.
earned $7,022,177 or $2.41 a sharp in
six months ended July 31 vs. $8,927.
343 or $3.51 a year earlier.
National Department Stores Corp.
profit for six months ended July 31
was $1,201,894 or $1.54 vs. $2,058,000
or $2.63 in the same 1946 period.
Bulova Watch Co. earned $1,608.
871 or $2.48 in three months ended
June 30 vs. $1,392,480 or $2.14 a year
earlier.
Colorado Fuel A Iron net income
for 12 months ended June 30 was
$4,329,991 or $3.40 vs. a deficit of
$334,751 In the preceding fiscal
period.
Hancock Oil Co. of California
earned $4,155,236 in 12 months end
ed June 30 vs. $1,759,542 in the previ
ous year.
El Paso Natural Gas Co. (Del
aware) net for 12 months ended
July 31 was $3,647,359 or $4.73 vs.
$2,116,079 or $2.87 in the preceding
fiscal period.
Emerson Radio A Phonograph
Corp. earned $1,585,197 or $3.96 in 39
weeKs ended August 2 vs. $767,192 or
$1.92 a year earlier*
F. E. Myers & Bros. Co. profit for
nine months ended July 31 was $988 -
126 or $4.94 vs. $514,564 or $2.57 in
the same 1946 period.
United Paperboard Co. earned
$452,528 or $1.85 in 12 weeks ended
August 23 vs. $139,500 or 54 cents a
vear earlier.
Berkshire Fine Spinning Associ
ates. Inc., stockholders approved a
3-for-l split in common stock.
Colonial Stores. Inc., sales for five
weeks ended August 30 totaled $14.
083.248. a gain of 11.67* from a year
earlier: for 35 weeks ended the
•ane date. $105,497,263. an increase
(f 32.5^*. . 4 . ,
Eastern Air Lines appointed Jo
seph H. Brock director of industrial
and personnel relations.
Sharp & Dohme, Inc., elected wil
liam L. Dempsey president and John
S. Zinsser board chairman.
ft *
N. Y. STOCK EXCHANGE
(Furnished by the Associated Press.)
Sales—
Stock and Add Net
Dividend Rate. 00. High. Low. 2:30. chge.l
ABBOTT LA EL'ft 1 76% 76% 76% - %:
A C F-Brlll Mol 5 8% 8 8% + %
Acme Sree! 3g . 4 53% 53% 53% - % I
Adams Exp V*g 5 17% 17% 17% — %;
Addreso-M2.35g 1 36% 36% 3614— %'
Air Reduction 1 8 28% 28% 28% + %
Alaska Juneau 10 5 5 5
Aldens Inc 1 Via 1 21% 21% 21%-%
Alleghany Corn 26 3% 3% 3%
Alleghany Co of 2 36% 36 36 + %
Alleg Lud 1.20e 1 35 35 35 + %|
A-Chm A Dye 6 11 183 183 183 + %:
Allied Mills 2g.. 2 31% 3114 31%-%,
Allied Stores 3 5 34% 34% 34%+%!
Allis Chaim 1 80 6 36% 36% 36%-%:
AlllsChM Df 3 V* 2 98% 98% 98% - % 1
AlphaP Cem %g 3 26% 26% 2614 +1 I
Amal Leath 3Ag 2 6% 6% 6% + %
Amerada Pet 2 1 80% 80% 80% +1
Am Agrtcul 3a 4 47V* 47 47 + %
Am Airlines 49 8% 8% 8% - %
Am Alrl Df 3% 1 67 67 67 +1
‘AmBrShoe l.TOg 12 41 41 41 + %
! Am Cable & Rad 1 5 5 5 - %
| Am Can 3 6 85% 85 85 - %
I 'Am Can pf 7 2 196% 195 196% +1%
! Am Car&Fdy 3g 3 49 48% 49
i Am Car&F pf 7 1 106% 106% 106%
AmCh&Cbl 1.40 1 23% 23% 23%-%
Am Chicle 2 1 50 50 50 - %
AmCrysSug 1 20x 1 19% 19% 19%
AmCyanamldla 5 46% 46 46%
AmCyamld3%pf 6 114 113% 113% - %
Am Distillers 2a 4 30% 30 30% + %
Am Encaustic _ 1 4% 4% 4% — %
Am Export L 2.. 1 17 17 17 +%
Am A Frn Pwr 13 3% 3 3% + %
A&FPS6 pf 4!ik 2 82 82 82 -3%
Am & F P 2d pf 3 15% 15% 15% - %
Am-Hawaii ES 3 5 38% 38 38 - %
AmHlde & L Vag 27 8% 714 8 + %
Am Home 1.20a 14 23% 23% 23% - %
Am Ice lag . 10 7% 7% 7%
Am Locom] ,40a 8 21% 21% 21% — %
Am Locom pf 7 2 112% 112% 112% - %
Am Mch&Fd 80 22 25% 25 25% + %
Am Metal 1 _ 3 29% 29 29 - %
Am Molass SO . 1 11 11 11 - %
Am Power & Lt 17 10% 10% 10% + %
Am P&L Sfipffik 2 108 108 108
I AmRad&SS.BOg 17 13% 13% 13%
Am R Mill 1 Vag 14 31% 31% 31%
fAm RM Pf 4% 50 105 105 105
Am Safe Rar la 10 11% 10% 11%+ %
Am Seating %e 1 17% 17% 17%
Am Sm & R 3g 16 59V* 5B% 58% - %
'Am S&R Df 7 90 166% 166 166% -1
tAm snuff pf 6 30 148 148 148 +2% :
Am Tel A Tel » 16 159% 158% 159% +1 |
Am Tobar B 3a 2 73 73 73
► Am Tob Df 6. _ 20 157 156% 156% -1% !
Am Viscose 2 4 52% 52% 52%
Am Water Wks. 7 15% 15% 15%
Am Wool 6 Via . 33 44% 43 43% - %
Am Zinc 20g 4 7% 7 7 — % j
Am Zinc Dr of 6 1 66 66 66 +1
Anaronc* Cop 2g 2* 34% 33% 33% — %
tAnWlreicC3V2c 140 55% 55% 55% 4- %
AnchorHGls lg 4 40% 40% 40% - %
Ander-Prlch O 1 3 18 17% 17% — %
A P W Products 1 4 4 4 - %
Archer-Dan ^g 3 36% 36% 36% — Vi
Armour Ac Co 28 13% 13% 13% — %
»Armr Pf OS'ik 40 183 187 183 4- Vi
Assd Drv G 1.60 1 15% 15% 15% — %
Atch T A: S F 6 10 81% 81 81 -1%
Atch TAcSF Df 5 3 102% 102% 102% - %
ATP Inc %g 6 13% 13% 13%-%
Atl GAcW Ind Be 1 25% 25% 25% - %
Atl Refining 1% 1 34% 34% 34%
t Atl Ref ofB3% 1 104 103% 103% - %
\tlas Co1 P 1.60 2 22% 22% 22%
rAtlasPwdr 1 %g 1 65 65 65 —1%
Austin Nichols 4 8 7% 8 + %
Auto Canteen J 6 21% 21 21%
Avco Mfg .10e 11 5% 5 5% 4* %
Atco Mfg Pf 2% 1 40^4 40% 40% — %
BABBITT 1.20a 3 14% 14% 14% 4- %
Baid Loco %g 16 17% 16% 17 — %
Balt A Ohio 11 13 12% 13 4- %
Balto Ohio pf 4 18% 18% 18% — %
Bangor Ac Arostlc 3 13 13 13
BarkerBros 11 ?a 3 26% 26% 26%
Barnsdall Oil 1 a 15 28% 28% 28%
Bath Ir W 1 %c 2 13% 13% 13% - %
Bayuk Cigar 1 1 20% 20% 20% 4- %
Beatrice Fds 2a 1 46% 46% 46% + %
Beck Sh pf 4%. 70 106 106 106
Beech Aircraft 3 8% ' 8% 8% — %
rBeech Creek 2 30 34 34 34 - %
Bell Aircraft 4 12% 12J* 12% - %
BellJkHowell %a 1 21% 21% 21% 4- %
Bendix HA 1 ’ eg 3 183% 183/4 183/*-%
Benef Ind 1 20a 1 25 25 25 4- %
Best & Co 2a 3 28 27% 28
BestFoods 1.20a 33 27% 27 27%+1%
i Beth Steel 6 16 86% 85% 86% 4* %
! Bla*-Knox .60g 4 14% 14% 143/*-%
i Bliss & L 3 16% 15 16% +1%
Bliss E Wig 6 28% 273/4 28 4- %
Bliss E W of 2V« 1 53% 53% 53%
Boeing Air lg 21 19% 183,4 19*%
Bohn AlumAcB 2 4.6 353/i 35% — %
Bond Stores 2 11 27% 27% 27% — %
BordenC 1 .£0g 4 43% 43 43
Borg-Warn 2.60 6 49% 49% 49Vi — Vi
Bower Roil B 2. 2 35 35 35 4-1
Braniff Alrw 3 8% 8% 8%
Bridgpt. Br ,00g x 9 13% 13% 13% — %
! Briggs Mfg 2 4 33% 33 33%
Briggs&Stra la 2 28 27% 273/4
Bristol-My 1 ’ig 2 353/4 35% 353/4 4- %
Buey-Erie .flog 8 17% 17 17
tBucvrus pf 7. . 40 1223,4 122V4 1223/4 4* %
Budd Co . __ 12 10% 10% 10%-%
Bullard Co 2 17% 173/4 173,4 4- %
BulovaWatch 2a x 1 30% 30% 30% 4-1
Burr Ad M .60 5 13% 13 13% + %
Bush Term .35s 2 6% 6% 6% - %
tButlerBropf4 % 200 100% 100% 100% — %
Butte C & Z . .. 1 3% 3% 3%
CAl, PACK 1 % . 3 32 32 32
Callahan Ziac 4 2 2 2
CalumetAH 40r 3 7 6% 6%
CampbellW 3 %r 1 26 26 26 - %
Can Dry GA .00 19 15% 15 15%+ %
tCan Southn 3 10 44 44 44
Canad Par 1 ’42 21 11% 11% 11% — %
Cannon Mills 5r x 1 73% 73% 73%+ %
Caro Pwr&Lt 2 1 34% 34}4 34J/4 + %
Carrier Corp 4 17% 17% 17% — %
+Case J I pf 7 20 151 331 151 -2
Ceterpillr Tr 3 5 53% 53% 53%-1
CelaneseCp 00c>;?9 24% 24 24% — Vn
Celotex Ccrp j 14 28 27 27V* — %
CentAguirre 1 Va 5 38% 18% 18V*
Cent Foundry 2 9% 9' a 9% - %
Cerro de Pas 2 3 30 29% 29%
Cert-teed .45k - 3 16% 16% 16% — %'
Champ P AF la 1 23% 23% 23%
Checker Cab 5 12 12 12
Ches <fc Ohio 3a 13 45% 45% 45%-%|
Chi Corp .40. _ . 2 7% 73A 73/4
Chi A EIU A 1 8% 8% 8% - %
Chi Great West 2 5% 5% 5% + % j
Chi M SP&Pac 3 8% 8% 8% - %
CMSPAP PfTVaE 6 31% 31% 31%
Chi NW 1* 2 18% 183/4 18% + %
Chi A N W pf 5e 2 421/4 42% 42% + %
Chi Pneu Tr '2s 2 31% 31% 31%+%
ChiPneuT$3nf3 1 53 53 53 - %
TChPT?25 aPfcld 170 54% 54% 54%
Chickasha Oil 1 10 18% 18 18% +1
Chrysler %h 31 58V* 573* 58*4 — %
Cin G&El 1.05k 5 26% 26 26%+%
C I T Finance 2 15 44 43% 43% — %
City Stores 1 20 5 16% 16% 16% — %
Clark Equip 7»h 3 283/4 28% 28%
CleveElecIlJuii/' 10 41% 413/* 41% + %
tClc? E 111 pf4 Va 20 110% 110% 110% - *A
Clev Graph 1.00 2 31 31 31 — %
tClev Graph pfo 10 1073/4 107% 1073/4 — 1/4
ClimaxMoI 1 20 6 16% 16% 16%
Cluett Pbdy 1 Vjg 2 40% 40 40 - %
rCoca-Cola A 3 10 63% 63% 63%
Cojeate-r-P 2a 3 44J4 443/, 443/4 — %
‘ColK-P-P of3% 20 1043/4 104V* 1043/4
Colonial Mills 1 1 18V* 18*A 18%
Col Fuel fic Ir 1 10 14% 14% 143/,
Col Fuel&Ir Df 1 1 17% 17% 17% — Vn
tCol&South 2pf 70 13% 13 13
ColGasiElec.RO 42 11% llJ/fi 11%
Colum Carbn 2 6 373/4 37% 37ja
Col &SOE 2.15k 1 *1% *1% 41%
__» s*_: (. n C A A AW/. - U
tcoml Cr Df3.6ClOO 107% 107% .107%
Coml Solv %B 5 24 24 24 - %
ComwIthEd J.40 7 29% 29% 29% - %
Comwl & South 30 3% 3% 3%
ComASo pf 12k 3 113% 112V* 113%
Conde Nast 1 2 10% 10% 10%
Congoieura-N la 2 29% 29% 29% + %
Cons Edis 1.60 15 25% 25 25%
Cons Edis pfft 2 106% 106% 106% — %
Cons Nat Gas 2 10 47% 47 47%
ConsRRCuba pf 4 22% 22% 22% — %
Cons R St 1.60a 1 14% 14% 14%
Cons Vultcr 43 14% 13% 14% — %
Con?umPwl%c 5 36% 363* 353*— %
?ConsumP pf4' ? 30 113 112% 112% + %
Container Co Ck 10 41% 40% 40% — %•
Con? Baking 1 3 14% 24% 14% — %!
Cont Can 1 12 353* 35% 35% - %
~on? insurnc 2 5 463* 46% 463* — %
Cont Motors 3 7% 7% 7% — %
OontOi! Del 1 ?4g 21 45% 4d3* 45
Con? Steel 1 14% 14% 14%-%
Cooper-Bess %c 3 20 19% 20 + %
CoDPrwldStl Mi 1 145% 14% 145*
Corn Prod 2%£ 3 63?* 62% 62% — %
tCorn Prod pf 7 10 192 192 192 + %
Comell-D E 80 1 14% 14% 14% - %
CorningGlasg V2 x 1 23% 23% 23% — %
Coty Inc .20c - 4 5% 5% 5% — %
Crane Co 1.60 11 33% 33 33 -%
TCrane Co pf3^4 2 105 105 105 - %
Crm of Wh 1 60 2 24 24 24
CrownCrk 1,20g 1 40% 40?* 40** + %
CrownZell 1.70c 5 31% 31% 31%+ %
CrwnZeiler of4 200 117% 117% 117% + %
tcuba R R of 130 34 33% 33 +1
Cub-Am Sub 2b 4 17 16% 17 + %
Cudahy P 1.60a 2 51% 51 51?/*-%
Cudahy pf 4% . 1 100 100 100 — %
Curtu Publish 7 9% 9% 93* - %
rCurtls P of 7k 40 138 138 138 —1
Curtis P dtpf 3a 5 62 61% 61%+ %
Curt-Wrlght %e 4 53* 5% 5%
Oirt-WrichtA c 20 18% 18% 18% - %
Cu?lr-Hm 1.20a 1 26% 26% 26% + %
DANA CORP 10 23% 23% 23%
DaytnP&L 1.33c 1 30% 30% 30V§ + %
DaytonRub .00c 17 13% 13 13 — %
Decca Records 1 x 5 12% 12% 12%
Deer RkO 1 20g 2 34 333* 33% - %
Deere dr Co 34C 10 38 37% 38 + %
Del Lack & Wn 5 7% 7% 7% — %
Den ARGWct 1 10% 10% 10% - %
CAR G W of ct 2 35 35 35 - %
Det Edis 1.20b 20 233* 23% 23% - %
DetMichSto FOa 4 12% 12% 123*+ %
Det Stl Corn la 2 24 24 24 + §*
DevoeAR A1 20a 1 24% 243* 24%
Dia Match lV2a 2 39% 39% 39% — 5*
DiaMtch pfl V2a 1 4n% 44% 44%+ 3*
Diam T Mot la 1 18% 18% 18% — »■*
P1st Cn-Fea 60 13 143* 14% 14% — 1*
Dlx’f Cun “ tc 1 39% 39% 39%-%
Dr Perrer 3*z . 1 203* 20% 28%
Doehler-^rarvs 1 6 35% 35 35% + %
Dorn* Mine ?7g 27 20% 20% 20%+ %
DouclarAlr ~%e A 59% 58% 59%+ %
D^iw Chem %h 20 37% 363* 37 — %
tDow- Ch*=m rf 4 5 1111* 111% 111% — 3*
Dow Ch C pf 3% 4 103 103 103
Dresser Indust 1 173* 17% 173*
Dunhlll Inti 1 1 13 13 13—1
DupianCrp Pnb 2 293* 29% 293* +1%
DuPont de N 6g 2 189 188% 100% — %
Du Pont rf 4Vi 1 128 120 128 - % 1
DuPont3%pf3% 2 107 107 107 J
4
sales—
Stock and Add Net
Dividend Rate. 00. High. Low. 2:30, chre.
tDua Light Df S 20 ill 110% 111 + %
Eastern Air L % 13 19 18% 18% — %
East St* Stl V4* 3 19% 19% 19% - %
EstmanKod 1.40 20 45% 43 43%+ %
Eaton Mtg 3 3 49 48% 49
Edis Br Str 1 %a 1 20% 20% 20%
ttco Prod 1.20 1 16% 16% 16%+ %
*lec Auto-Lite 3 8 54 53% 54
Elec Boat *ig 4 13% 12% 12% - %
El Poff'r A I t. 13 16% 16% 16% - %
ElginNatW .00a 3 17 16% 16%
E! Paso KG 2.40 5 59 57 59 +2%
EmerElM.OOg 2 11% 11% 11%-%
Emer Radiol 3 17% 17 17 +1
End Icott-J 1.60 1 32% 32% 32%
Eault Office B • 6 3% 3% 3%
Erie R R 1 13 9% 9% 9% - %
Eureka Will % 3 8% 8% 8% - %
Evans Prod 'ia . 1 21 21 21 +%
..vershro 1.20a. 1 14% 14% 14%+ %
Ex-Cell-O 2.60 1 43 4j 43 + %
FRBNKSMOR2 2 49% 49% 49% - %
Fajaid Sug 2’4g 1 29% 29% 29%
Earns TelARad 3 7% 7% 7%
Fed Lt A Trae 5 24% 24 ‘24 + %
•Fed L&T of 0 10 102% 102% 102%
Fed Mogul ,40h 1 18% 18% 18% - %
Federal DSt. 1% 5 25% 25% 25%-%
(Fed D S Df 4V4 10 104 104 104
Fid P Fire In 2a 2 52% 51% 52%+2
Firest Tire 3g _ 4 49 49 49 + %
Firth Carnet la 2 16 16 16
Flintkotelg ._ 3 34% 34% 34%-%
Florence Stove 2 1 32% 32% 32% - %
Florida Pow 1 5 15 15 15
Flor Shoe A 1 60 1 22% 22% 22%+%
FollansbStl l%g 17 2B% 27% 27% - %
Food Fair St 4c 9 10** 10% 10% + %
Food Mach lHg 1 74% 74% 74%-%
Foster Wheel 1. 2 23% 23% 23%
Freeport Sul2% 6 40% 40 40 - %
Pruehauf Tra 1. 9 20% 19% 19%-%
Galr Robert_ 14 9*A 8% 8% - %
Qard Denver 1. 1 18 18 18 - %
Gar Wood Ind_. 10 5% 5% 5** — %
Gar Wood pf _ 1 28% 28% 28%
Gaylord Cnt 1 % 4 19% 18% 18% - %
Gen Am Trans 3 2 56% 56 56
Gen Baking .60 3 10% 10% 10%
Gen Bronze 80 1 12% 12% 12%
Gen Cable V4g 6 11% 11% 11%
►GenCable lDf 4 10 79 79 79
Gen Cigar la_. 4 25% 25% 25%-%
Gen Elec 1.60.. 14 36Ve 36% 36% — %
Gen Foods 2 22 39% 38% 38% - %
Gen Foods pf3% 1 103 103 103 + %
Gen Instrumt lxl 12% 12% 12% + %
Gen Motor 2tig 30 57% 57% 57% - Ve
Gen Mot pf 3% 1 107 107 107
GenPubSvc 1.5e 1 2% 2% 2%
Gen Pub Dt SO 14 14 13% 13% - %
Gen Ry Signal 1 1 25% 25% 25% — %
Gen Real A Otli 2 4% 4% 4%
GenRefrac lt4g 2 26% 26% 26%
Gen Shoe 2% 2 31 31 31
tGenSt!Cpf4Vik 60 109% 109 109%
Gen Tplenh 2 3 30% 30% 30% - %
tGenTime pf4Vi 10 103 103 103
Gen Ttre&R 1 a 1 24% 24% 24% + %
Gillette SR 2%. « 27% 27% 27%+%
Gimbel Bros 2b 6 22% 22% 22% - %
Olidden Co 2 40 2 44% 44% 44%
Goodrich BF.1t 6 53 52% 52% — %
GoodyearTAR 4 13 45 44% 44%
Goodyear pf 5 . 1 106% 106% 106% — %
GothmHosl 40a 1 19% 19% 19% + %
Granam-Palae 3 3% 3% 3% + %
GranbyCon 30a 26 6 6
Grand Un 1 ’ia 2 34% 54% 34% — %
GraniteCStl Vic 2 19 18% 18% - %
Grant (WT) la 2 29% 29% 29%-%
GtNorlOctlo 3 15% 15% 15%
;t. Nor Rv pf 3 12 40% 39% 40
Grt W Sue 1.60 4 23% 23% 23%
tGtWestSna pf7 60 156 155 156 -1%
GreenTAD 1.20 6 16 15% 16
Greyhound Vih 6 9% 9% 9% - %
tGreyhnd pf 41 4 60 103% 103% 103%
GruAirEna lVie 15 27% 26% 27% + %
GtsantanSug 'At 1 6% 6% 6% + %
Gulf MobAOhlo 1 11% 11% 11% - %
GlilfMAOPfSlig 2 42% 42% 42% - %
Gulf Oil la 21 68% 67% 68 - %
Gulf Sta Util . 7 15% 15% 15%+ %
HALL PRINT la 1 15% 15% 15%-%
HartS&M 1.80a 1 31% 31% 31%+%
Hat Co Am A Via 1 7% *7% 7% + %
Hayes Mfe Co 3 6% m% 6%
-Hazi-Atlasl.20 2 26% 26% 26%
f Hecht Co Pf3% 10 100 100 100 - %
Helme GW* 1 55 55 55
tHelme GW pf 7 10 148% 148% 148% - %
Hercul Pdrl.OSa 5 52 51% 52 +1
Hershey Cho 3a 2 105% 104 104 -4
tHersh cv of 4a 50 133 132% 133 +1%
Hewitt Robins 1 1 20 20 20
Hilton Hotel 1 13 11% 11% 11%
Holland Furn la 3 24% 24% 24%+ %
Homestake Ilia 4 44% 4414 4454 + %
Houd-Hersh Via 3 16% 16% 16% + %
Houston Oil >2« 16 22% 22% 22%
HowardStrs 17i 1 23 23 23 - %
Hud Bay M 2'/.a 13 35 34% 34%
Hudson Mot 40 9 16% 16% 16% — %
Hunt Foods 1. . . 2 18% 18% 18%-%
Hupp Corn 4 4% 4% 4%
IDAHOPO 1.35a 1 36% 36% 36%+ %
til Central 8 25% 25 25% + %
till Cent LL 4 10 96% 96% 96%
ind Pr & Lt 1 Vi . 12 26% 26 26%
industrl El Mex 1 16% 16% 16% — %
indust Ray 174a 2 41% 41 41% + %
inland Stl 1.40a 3 35% 35% 35% + %
inspira Cop 17ig 2 15% 15% 15% — %
inter Chem 1 Via 1 41% 41% 41%
interconRub 74e 2 3% 3% 3%
inter Iron ,60a. 15 12% 12% 12%-%
int Harvester 4 19 81% 81 81% — %
tint Harv Df 7. 120 184% 184 184 - %
int Hydro El A. 2 6% 6% 6% - %
int MACh 1.60. 6 28% 28% 28% + %
int Minina_ 9 4 3% 4 + %
Int Nickel 1 60 21 28% 28% 28%-%
tint Nickel of 7. 40 134% 134% 134% +1
nt Paper 3 _ 16 4874 48 48 - %
Int Paper pf 4 _ 1 107% 107% 107% + %
tnt Rv Cen Am 1 13% 13% 13% — %
UntRCApfOl.k 20 111 111 111 -1
;nt Silver pf 1% 1 36% 36% 36%
tnt. Tel & Tel 28 10% 10% 10%
[nt TAT for ct 2 10% 10% 10%
[nter Deo Strs 2 2 19% 19% 19% — V*
[ntertype Cp 1 g 1 25% 25% 25% — %
[slandCkCoal 3g 1 53 53 53 + %
. JrrCntPAL pf-t 60 98% 98% 98% - %
Fewel Tea 2.4<»a 2 44% 44 44
Fohns-Man .60h 21 41 40% 41
rohnson & J .20 5 27 27 27 — %
lones &L Stl 2 6 31% 31% 31%-%
FoyManf 1.20a 3 36% 36 36 — %
CANS CITY SO 2 21% 21% 21% - %
Can Citv So of4 1 51% 51% 51%
Cayser J lV4g 3 15% 15% 15% - %
Celsey-Hy A 1 % 1 23 23 23 + %,
Cennecott 2V4g . 11 65% 44% 45% — %
Kimb-Cirk pf 4 50 110% 110% 110%
Klnney'S6 Pf 6 30 78% 78 78
Coppers Co 1.00 3 33% 33% 33% — %
CresseSSIHe 3 37% 37 37 -%
Cress iSH)2g 1 48% 48% 40%-%
C**oeer Co 2.40 4 47 46% 46% - %
jACLEDE G .20 5 5% 5% 5% - %
.ambert Co 2a 14 27% 27 27% — %
jane Bryant 1 2 11% 11% 11% — %
jee Rubr&Ti 2a 1 41% 41% 41% - %
.ehirh c & N 1 3 10% 10% 10%
.ehPortCem 1V2 2 34% 34% 34% - %
.eh Valley Coal 3 2% 2% 2% + %
jen V Coal lPf3 X 21 21 21
jeb Valley RR 2 5% 5% 5%
jerrer Strs lVa 1 20% 20% 20%+%
jlbb v Glass 2 4 50% 50% 50% - %<
jlh McNAL 10 8% 8% 8% + % j
jissett A Myr 4 7 08% 87% 87% -1 !
Jnk-Belt .1 1 54% 34% 54%+ %l
jion Oil 1 % _ 4 25% 253/* 253/a
jiculd Caron 1. 2 22% 22% 22%+%!
.ockheed Aire 6 13% 13% 13% + %
joew’* Inc 1 % 21 20% 19% 19% - %
.one StarC 3yaa 4 66 65% 65% + %
jorrilard Prod 1 1 18% 18% 18%
jOUisva&N 3 52 3 44% 44% 44% + %
jowenstein 1 V»a 5 24% 23% 23% — %
Lowenstn Df4y4 20 101 101 101 — %
jiikens Stl .40 1 17% 17% 17%-%
tfackTruck 1 54 54 54
4acyRH2« 4 36% 35% 35% -% |
4 ary RH pf 4’4 _ 1 108% 108% 108% + %
4agma Cop s4g 4 20% 20V§ 20% — %
4agnavox lb 1 13 13 13 — %
4anati Sug V2R 32 9% 9% 9% + %
4andelBro*Fe 3 11% 11% 11% - % |
daracaibo 07t 6 4% 4% 4% + %
4arathon Crn 1 1 23 23 2 3 - %!
Marine Midi %g 10 6% 6% 6% - %
Tarshll PM 2a 27 26% 26% 26% - %
tfartin G 1j 10 16% 16% !♦% — %
4art-Farry ,60a 4 203^ 20% 20% — %
tfasoniteCpla 1 51 51 51
faster El 2.40 1 21% 21% 21%
dathiesAiKlg i >ivt + %
'■« n™ Strs.l 2 42 42 42 + %
MayStrs pfn.'l-''. 20 98% 98% 98% + %
MayDeot.3 40pf 10 94 94 94
daytag Co He 2 10 10 10
daytag of 3 ... 1 46 46 46 -1%
deCrory 1.40a 2 28% 28% 28% - %
dcGraw Bier 2a 1 39% 39% 39%
dcGrawHlll %g 2 25% 25% 25% - %
dclntyre 2.01a 2 54 54 54
dcKess&R 2.40 3 33% 33% 33%
dcQuay-N 1 40 1 25 25 25 - %
dead Crp 1.05g 2 20% 20% 20%
dengei Co la 3 17% 16% 16% + %
dercant Strs 1 4 14 14 14
derck&Co 1 40 3 49 49 49
derck&Co of3% 2 102% 102% 102%
Met Ed of 3 90 10 109% 109% 109% - %
dlamlCopiy«g 4 16% 16% 16%+ %
did-ConPetl '/,* 6 42% 42 42 - %
didland Stl P1 x 1 37% 37% 37% - %
Mid Steel lDf 8x10 140% 140% 140% +1%
rMlnn H of 3.20 20 108% 108% 108%
dinn-Moltne 7 10% 10% 10%
VfSP&SSMAi* 1 10 10 10
din MzA’M J 40 2 60 60 60 + %
disalon Cro %* 4 40 39% 39% - %
do-Kan-Texas 8 5% 5 5%
do-K«o-Tex of 3 17 16% 16%
dotUd Hos 60g 1 10 10 10 — %
donaanto Cn 2 10 59% 59 59% - %
donsanto of 3V* 1 118% 118% lias* +1%
dontg Ward 2a 12 58 57% 57% - %
doore-MeCL2 x24 30 29% 30 + %
dotor Prod 1 g.. 2 20% 20** 204* — %
dotorola ,60g . 2 12% 12% 12% + %
dotor Wbl 1 20 1 20% 20% 20%
dulllns Mfg 74g 7 22% 22% 22% r- %
durohyGC 1 Via 3 38 37% 377*- %
durrayCorD of2 1 38% 38% . 38% — %
MASH-KEL 5«g 5 16% 16% 16%
Mat Acme 2 2 26 26 26
■tat Airlines 1 12% 12% 12%-%,
Mat Biscuit 1 Vi* 7 31 30% 30% - %
Mat Can 7 9% 9% 9%
Mat Cash R 1 1 37% 377+ 37%
satContain 120 12 13% 13% 13%-%,
-at natty 1.80 7 31 30% 30% — %
Mat Deot Stria 11 1574 15% 1574+%
s’at Distillers 2 16 2 1 207* 207*
sTat Gyosm V«g . 21 19% 19 19% - %
Mat Lead ‘ia 5 33% 327* 327* - 7*
MatLinenSv 45g 1 7% 7% 7% + V*
fatMal*3tl .46* 4 19 18% 19 +1 ,
Mat. Po» At L 5 1% 1 1 ~ %
Matl Steel 4 2 82’* 82 82% + % j
Mat Sunmy 13 16 17% 18
Nat Sup of 4Vi 30 99% 99% 99%+%,
Mat Sup $2 of 2 . 2 177* 177* 17%
fatomasCoVie 1 1274 12% 12% — %
fehi Coro 1_ 3 20% 20% 207* + %
Sties—
Stock and Add Net
-Dividend Rate. 00. High. Low 2:30. chge
NeisnerBro 80a 1 15% 15% 15% + %
Newberry JJ 17*g J 50 JO 50 — U
♦NJ PwiLt pf 4 60 108 108 108 + 2'A
Newot Indust 2 7 27% 26% 27% 4- ’4
tNewptIndpf4% 1 97 97 97
| Newpt N S 1 %g 4 20% 20% 20%
s Y Air Brake 2 1 38% 38% 38% - Vt
I V Y Central RR 25 14% 14% 14% - ‘A
N Y Chi * St L 2 34 34 34
! NYCcfc8tLpf8> 2k 1116 116 116 -HA
I NYCOmnibus’ig 1 13% 13% 13% + 'A
I NY NH&H pf wi 23 25 24% 75 - */<
| N Y Shiobld 3 12% 12 12 - M
j VnbiiTt Soars 2x 2 495/* 49 491* + 7\
| Norf & Western 4 587* 58% 58% - M
j No Am Avia le 4 81* 6% 8% + >//
INorAmColb 23 74 23% 24 + >*
I tNorthernCent4 40 89 89 89 + ¥.
North Pacific ! e 19 20 19% 19% - %
' Northwest Alrl 12 12% 12% 12%-%
NrthwAir pfl.15 6 21% 21% 21%+ %
♦Northw Tel 3 30 357* 35’* 35% - %
NorwPhar.fin 3 13 12% 12% - %
♦ OHIO E pf4 40 50 108 108 108
Ohio Oil %a 13 26 25% 25% - M
Oliver Corp %e. 6 21% 21 21%
♦Oliver pf 4% .- 10 102 102 102
♦Omnibus pf 8 30 102% 102% 102% - %
Otis Elevat ,85g 3 28% 28% 78% - %
♦Otis Elev pf 8 120 162 161% 161% +1%
Owen-IllGl 2V*g 5 72 715* 715* - %
♦PC CSTlpfl 'is 20 75 75 75 +3
acUas&EirZ 12 39% 39 39 - %
Pac Lighting 3 2 55% 55% 55% — %
♦PacT&Tl.BoE 20 100 997*100 +%
Pac Tin Cons _ 5 45* 4% 45% + %
Pac West Oil _ 7 40% 40 40 - %
♦ackard M 16g 22 47* 4% 4% + %
Pan Am Air 13 10% 10 10
PanhdEPL 2%g 2 50% 50% 50%-%
Panhandle P«feR 1 6% 6% €%
Paramnt Plot k 26 22% 22% 22%-%
Parke Eavisl.60 3 38% 38% 38%
Patino M V«g 2 10 10 10 — %
Pen & Ford .80h 1 33% 33% 33%+%
Penney (JC) 2a 18 4« 43% 437* - %
Penn Coal&Coke 1 13% 13’% 13% — %
Penn Dixie Clg 2 18 18 18
Penn P&L 1.20- 11 20 19% 19%-%
Penn R R %g 16 18% 18 18 - */«
Pepsi-Co)a ,70a 21 29% 29 29%
Petrol Corp .20g 1 10% 10% 10% + %
PfeifferBrew la. l 16 16 16
Pfizer C&Co 2a 1 42 42 42
PhelDodge2.40g 20 40% 39% 40% + %
♦ Phila Co d of ii 240 53% 5372 537*+ %
Phila Elect 1.20 8 23% 237* 23%+ %
Phn Elec pf.fi 80 1 109% 1097* 109V* + %
! Phil&RC&l 1 tig 4 15% 15% 15% w %
1 ni.,1— as_l l _ 4! Oft . TO + TO _ _ 5/a
Phil Morris pi 4 1 102% 102% 102% - %
Phillips Petrol 3 21 58% 57% 58%+ 7*
PittCi&Ch Vae 5 13% 13% 13% — %
’itConCnal 1 40 7 26% 26% 26%
Pitts Pi G1 TOs 20 34% 34% 34%+ %
Pitt Screw .30g 4 8% 0% 0%
Pitt Steel _ 1 10% 10% 10% - %
'Pitts Steel 5 oi 1 76% 76 76 - %
tPittStprpf4%k 10 78 70 78 +1
Plttston Co 9 30% 30 30% — %
Pond Creek 2'.ag 1 31% 31% 31% — %
Poor 4CoEl . 1 14 14 14 - %
Pressed Stl Car. 3 10% 10% 10%
Proc & Gam 3a 6 66% 66V* 66% + %
Pub SvcCol 1.66 1 36% 36% 36% — %
Pub SNJ 1.40 5 22% 22 V* 22% - %
tPub SvcNJ pf8 50 145% 144% 144% - %
tPub SvcNJ PIT 60 128 127% 128 + %
'Pub SvcNJ pfC 1 117% 116% 116% + %
Pub Svc NJ pff, 20 108% 108% 108**
fPub3ElGpf6 20 111% 111% 111%
'ublickcr Ind 14 24% 23% 24%
iPublicker Pf4% 20 94% 94V* 94'/* - %
Pullman 1 VaR _ 4 56% 56 56% — %
Pure Oil 1 6 25% 25 25 - %
Pure 0,1 of 5 2 107 107 107 - %
Purity Bak 2.40 1 3C% 30% 30% — %
QUAK SO 1.20a 2 22 22 22
RADIO CP .tlt'a 26 8% 8 8 - %
Radio Cppf3% 1 76 76 76
Ra-Ktn-O I 20 26 117* 11% 11%-%
Raybesitos-M 2g 1 30% 30% 30% — %
Rayonier Inc'/aR 7 26% 26% 26%+ %
Reading Co 1 8 20 19% 19% - %
Reeves Bros 1 . 11* 14 14 — %
ReliableStl 80a 1 24% 24% 24% - %
Peliance Mfg 1 - 1 117* 117* 117*
Rem-Rand %h 20 15% 14% 14% - %
Reo Motors 2% 3 297* 29% 29% — %
Ren Avietion 23 7% 7% 7% — %
Republic Picture 5 47* 4% 47* — %
Repub Piet pf 1. 1 11% 11% 11%
Repub Steel la 11 26'.* 257* 26*/*
Revere Copr %g 3 19% 19% 19*+ + %
Rexall Drug . 39 7 7 7 - %
Reynolds Met 1 207* 207* 207*
Reyn TB 1.3 5* 2 40 39% 39%-%
Rheem Mfg 1 _ 1 20% 20% 20%
Richfield Oil 1 1 16 16 16 + %
RoyalTvpel.15* 7 20% 20 20
Ruberoid 1 %g 3 55 55 55
SAFEWAY ST 1 5 227* 22% 22% + %
tSafeway Df 6 _ 10 113% 113% 113% -1
St Joseph Ld 2a 2 44 44 44 - %
St L San Fran 3 8% 8% 8% - %
St L SanFrmn nf * 29% 29% 29% - %
St Regis Paper 18 10 97* 10 - %
Pa' aveA rms VaR 15 8% 8% 8% + %
-chenlry Distl 2 54 30% 29% 30% + %
Scranton Elec 1 * 15% 15' * 15% + %
Scab Air L R R 2 16% 16% 16% - %
SeabAirL pf'J’/ag 1 45% 45% 45%+ %
Seaboard Oil 1 1 30% 30% 30%
Rears Roebcx la as ie% 36%
Seeger Ref .70g 7 11% 113% 11%
Servel Inc 30e 12 11% 11% 11%
ShamrOAGl.20 7 24% 24 24;++ %
Sharon Steel 2 4 34% 34% 34% - %
Sharp&Doh *+f 1 21% 21% 21%-%
Shattuck PG1 a 1 17% 17% 17%
Shell Un Oil ’if 1 29% 29% 29% - 1+
Sheraton A .3hg 1 7% 73+ 7% — '4
SinimonsCol % g 2 35% 35% 33% - %
Sinclair Oil 1 29 16% 15% 16
Skelly Oil l*/«g. 1 82 82 82 -1
Socony-Vac 80 35 16% 16% 16%
Sou AGAP 20g 5 4% 4% 4% - %
So Caro BAG % 2 6% 6% 6%
So CalEdls 174. 6 31% 31 31% - >4
Southern Pac 4. 18 42% 42% 42% — %
Southern Ry 3 6 37% 37 37% — >4
Southrn Ry pf 8 1 62 62 62 — 14
Spalding&Brn 1 2 18% 1734 1 734 - %
Sparks Withlmt 2 5% 5l4 5% — *4
Spenc Kel 1.00a 3 26 25% 26 + %
Sperry Corp’if 45 22 21 21% + %
Spiegel Tne 6 11% 11*4 11%
Spuare D .00g x 3 163+ 16 16 — 3+
Stand Brands 2 7 29% 29 29 - %
Std GsAEl M nf 2 2574 25*4 25% - %
StdOil Cal 2.3og 7 59 5834 59 - >4
std OH Ind J %a 36 39% 39% 39% - %
Std Oil N T 2s *4 74% 7374 7434 + 3+
Std OiJOhio 1V, 33 3034 30% 30% + %
Stand SUSP *Ag 2 127% 1274 12r4
Starrett LSI . 1 4< 44 44
Sterchl Bros 1 - 1 13% 13% 13% - %
Sterling Drug 3 6 38 37% 37% - 3+
Stevena J P 2 . .. 9 33% 33% 33*4 + %
StewartWrn%a 1 15 15 15
Stokely.-Van C 1 34 21% 21 21’4+ %
Stokley-VC pf 1 3 207% 2074 2074 + %
•tone&Web 1 V-e 8 13% 13% 13% + %
Studebaker Vef. 18 20% 20 20% — %
Sun Oil lb 1 56 56 56
tSunOil pfA 4*4 20 120% 120% 120% -1
Sunray Oil ‘Ag 101 11% 11% 11%-%
Sunshine Blsc 3. 3 37 37 37 - %
Sunshine M 40 2 9% 9% 9*4- %
Superheater la. 5 19% 19% 19% + %
SwiftACo 1.00a 5 3334 33% 33%
Swift Inti 1 80 2 22% 22*4 22%
Sylvn Elec 1,05f 1 21% 21*4 21%-%
Symlns-Gld ‘Ae 2 6% 6% 6%
TENN CORP 1 a ) 17% 17% 17% - %
rexes Co 2a 27 60% 59’A 60 + %
TexGulfProd ‘if 7 15% 15% 15% - %
TCX Gulf 8UJ 2a 1 53% 5374 53%
Tex Pae CAO 1 1 33% 33% 33% - %
TexPacLlr 4 0g 14 »8% 27% 28%+ >4
TexAPac Ry 3g 1 «6 4« 46 -1
Thatcher 00b - < 14 13% 13% - %
The Fair’4g 1 14*4 1474 1434
ThermoidCo 80 2 10% 10% 10% + %
Third Ave Tram 1 7% 7% 7%
ThomasSt 1.40a 3 20*4 20*4 20»4 - %
Thompson P %g 1 41*4 41% 41%-%
tThomn Pr rf 4 40 101 101 101
Thom-Starrett 10 «% < 4 - %
Tide Wat on 1 a 7 20% 20 20 - %
Timk-D Axl %f 5 16*4 16% 16%
Timken RB 1 ’Ag 3 4674 46% 4674 + %
Trans A W Air 8 15’4 15% 15’4 + %
Transue A W 1 1 15% 15% 15% - %
Trl-Cnt Co 30e 5 6% 6% 6*4 - %
tTrl-Contl Bf« 50 106 106 106
Truax-Tr 1.40a 1 23’4 23’4 23%+ %
loth C-Fox 3a 6 26% 26 26% - *4
lOthC-FX Dfl Vj 1 36 36 36
20thCn-F Dr4 V, 1 101% 101% 101% + %
Tw C Ran Tie 19 10% 10 10 ’+ %
'TwinClty pr2Vi 90 39% 39% 39%
Twin Coach - 1 13% 13% 13%
UNDRWOD 2 iigx 2 48% 48% 48% + *4
UnAsbARub 70 1 10% 10% 10%
union Baa 2a 2 32% 32% 32% - %
UnionCarb 3’ig 8 102% 101% 102% + *4
fUn El Mo Of3*4 80 102 102 102 +1
Union OU Call 7 22% 22 22 - %
Un Tank Car 2a 1 34% 34% 34% + %
Unit Air Lines. 28 20% 20 20%+ %
utd Aircraft 1 54 22% 21% 22%
Unit Biscuit *4h 1 18% 18% 18% - ‘4
Unit Carbon 2_. 3 31 31 31 — %
Unit Cigar Whal 2 5% 5% 5%
Utd Coro .. 30 3 3 3
Unit Coro of 8 1 4574 4574 4574 + %
Utd Elec Coal 1. 5 15% 15*4 15% — %
United Fruit 2a 11 57% 56% 56% - %
nnftMAMla 4 15% 15% 13%-%
UtPaperbrdl’is 39 15% 15% 15% — %
USAFSec 1 SOe 2 19 19 19 - *4
♦USA FrS pf4*+ 10 104% 104% 104% - %
U S Gypsum 2a 4 100% 100% 100*+ + *+
TJ 8 Hoff Mach 3 15 1474 15 + %
US IndUSt C3C 1 44% 44% 44%+ %
US Leather 14 7% 7% 7% + *+
r a Alt _ 4 IK IK -1-14
JS Lines 2 4 19*4 19% 1914- >4
ns PlDe&Frl SO 3 *0*4 40*4 40*4 - *4
U 8 Plywood .80 3 29 ?9 29 - ‘4
n S Rubber 4g 3 43 42*4 43 — >4
US smelting 3* 3 47*4 47*4 47*4+ *4
■J S Steel 4 30 6914 68*4 69 - 14
*T R To'jpc 1.10 4 1**4 1914 19*4+ ‘4
Utd Stockyd He 2 7 7 7 - *4
ntStrs2d pf.3Sc 4 9*4 9*4 914
Utd Wallpan *ig 6 7*4 7*4 7*4 - *4
Unlv-C S ,0Og x 2 17 17 17 + *4
Unix Lab 7 7*4 7*4 7*4- ‘4
♦UnivLeafTob4al70 10114 101 101 -1
nnle Pictures 2 6 1714 17*4 17*4 — ‘4
VAN RALT1 80s 1 32*4 32*4 3214- ‘4
Vert-Cam Su 2a 5 1314 13*4 13*4 - *4
Vic ChWVs 1.80 L 45 45 45 -2
Va CaroltrChem 2 614 6*4 614— *4
Virg Elec * Pwr 20 16*4 16 16 — *4
tVaEl&FpfS. 10 119 119 119
WALDORF la . 7 17*4 17*4 17*4- H
Walks* HI 1.20. 8 20 1914 19*4 - *4!
Walworth He . 8 9*4 9’i 914- *4
Ward Bak 45g 2 12*4 12*4 12*4 - *4 j
, rncr B*o I *4 30 14*4 14 14*4
Warren Pet 80 17 38*4 36*4 36*4+1*4'
♦ War Pet pf 3s, 260 102*4 99*4 101*4 +1*41
Waukesha Mia 1 21 21 21 — *41
Wavne Fume 2 1 3214 3214 3214 + *4 !
Webster Tobac 10 7*4 614 614 — 14 i
V'ersci. Oil 5Vjg 2 44 44 44 + *4
■Wesson Oil nf4 20 87*4 e6*4 87*4+ 14
WVaPulpAPla 1 40 40 40 -1*4
*WVaP&P pf4 *4 30 111*4 111*4 111*4+ ‘4
Western Air Lin 1 614 6*4 614 - 14
WestAutoSun 8 . 4 46*4 46*4 46*4
Western Md 3 6*4 6*4 6*4
West Md 2nd pf 1 19 19 19 - *4
West Pacific 3.. 2 2214 2714 2714 - ‘4
V
Most Stocks Register
Losses., but Selling
Pressure Is Lacking
By Victor Eubank
Associated Press Financial Writer
j NEW YORK, Sept, 12.—Stocks,
'with scattered exceptions, operated
j on the downside in today's market
although pressure was lacking
I throughout,
Early attempts at recovery met
with little response, but dealings
reverted to sluggishness. Declines
of fractions were tvell in the ma
jority near the fourth hour.
Securities still were overshadowed
by speculation in commodities. Cau
tious trimming of share commit
ments for the week end again was
based partly on apprehension over
the living cost spiral, possibility of
a new round of wage demands, the
confusing international economic
situation and the chances of a busi
ness recession later this year or
early next. Some bidding here and
there again was predicated on the
hope for a technical fall rally.
Occasional modest advances were
recorded by Standard Oil (New Jer
sey), Publicker, Schenley, Sperry,
North American. Public Service of
New Jersey and United States Gyp
sum.
Stumblers most of the time in
! eluded United States Steel, Beth
lehem. General Motors, Chrysler,
i Goodrich, United States Rubber,
; Montgomery Ward. Caterpillar
I Tractor, Boeing. Douglas Aircraft,
i Glenn Martin. Western Union. Ana
conda, Kennecott. American Smelt
j ing, Dow Chemical. Johns-Manville,
Southern Pacific and Chesapeake &
i Ohio.
| Bonds were uneven.
(Washington Exchange
SALES.
Woodward & Lothrop common—15 at 48
Larston Monotype—50 at IS’*. 50 at
18’*.
Hecht common—-inn »t 25.
Washington Gas common—3n at 23V*
40 at 23'/,.
BONDS.
PUBLIC UTILITY.
* _ . Bid. Asked,
Am TAT cv db 2’*s 1961 111 11 o
Cap Transit 1st ref 4s 1964 I 04'a ins’.
Cttv A Suburban 5s 1948 101
Georgetown Gas 1st 5s 1961 125
Pot Elec Po 3Vis 1966 105
Pot Elec Pow 3!*s 1977 110
Washington Gas 5s 1960 128 """
_ ,, MISCELLANEOUS
Ter Rf AW Co 1st 4'/*s 1948 101'* 101’/*
STOCKS
PUBLIC UTILITY
Amer Tel A Tel (P>_ "159
Capital Transit (2.00>__ '21 »<•
N A* W Steamboat (+4) 150 190
Wash Gas Lt com (1.50). 23 24
Wash aGs Lt cu pfd (4.25) 106 lot'/.
Wash Gas Lt cu cv pf (4.50) 107 109
Wash Ry & Ei com <»27.00) 640
Wash Ry A El pfd (5) I'M'4
BANK AND TRUST COMPANIES
Amer Sec & Tr (10) __ _ 280 305
Bank of Bethesda (tl.OO). 46
Capital (.80) . ... .31
Com A Savings new (tlO) 366
Liberty (8) _ _ ... 300 “
Lincoln (45) _330
National Sav Tr (8.00) 397
Prince Georges B & Tr (41) 26 ”
Riggs (121 _ 310
Union Trust Co new (1.00). 40
Washington (6) . __ 185
Wash t.oan & Tr (12) . 340
FIRE AND TITLE INSURANCE.
American (tR) _150
Columbia <t.30> . _ _ I3'/a- 15
Firemen's (1.40) 32 _
National Union (.76)_ 14 _
Real Estate (tfi) 190 _
MISCELLANEOUS.
Carpel Corp. (2.001. '44 47
Carflncke! com new (1.501 *19 19’*
Garfl 5'/cu cv pf (1.375), *26
Garfi 4V2'/ cu cv pf (1.125) *23*6 24'2
Hecht Co (tl.ROi . . 24 25V*
Hecht 3’*% cu pfd (3.75) . 99'/2 102
Lanston Mono (tl.OO 18*4 19Va
Mergen:haler Lino (al.50) *53 57
Nat l Mtge A Inv pfd id.40) 6’*
Peoples Dr St cofn it 1.60) . *50 .. .
Security Storage, (to) .108
Ter Ref A Wh Corp (3) 50 55
Wdwd A Loth com (t2.no) 47 49
Wdwd A’ Loth pfd (7) _. 125
*Ex dividends. tPlus extra or extras,
a Paid so far this year. 0 Paid 1946.
Chicago Grain
CHICAGO. Sept. 11 W.—A series of
heavy selling waves swept over the grain
pits today, knocking prices down for limit
declines ai times. Trading was very
heavy, with price fluctuations rapid.
Wheat, was off as much as To cents:
corn. 8 cents, and soybeans around ft
cents at one time. Lard dropped as
much as $2 a hundred pounds and soy
i beans as much as 8 cents.
Commission houses were heavy sellers
session. Prior to that the market had
held firm with wheat up several rents.
Hieher margins, news that exports will
I be cut at least 10 per cent under last
year, refusal of the Commodity Credit
Coro, to follow recent advances, public
agitation for lower food costs and a
weakened technical situation combined to
cause the sharp break.
Wheat closed 4 to 9ft lower; Septem
ber. $2.70: corn was 6ft lower to 1
cent higher, the September contract show
ing the grain by bounding up more than
H cents from its low and closing at
$2.57-$2.5?ft. and oats were 2 to 3ft
lower: September. $1.16-$1.17.
While March soybeans ended down £
cents, the limit at $3.24. the Novem
ber contract advanced 2 cents to $3.23ft i
Lard ended $1.15 to $2.00 a hundred
pounds lower; September. $20.00.
Chicago Cash Market.
Wheat. No. 2 hard, 2.73ft: No. 3 red.
2.76ft. Corn, No. 1 yellcw, 2.59ft-2.60ft;
No. 2. 2.58ft-2.62: No. 4. 2.54ft; No. 4
white- 2.84. Oats. No. 1 heavy mixed.
1.21ft: No. 2 white. 1.22ft. Field seed,
per hundredweight, timothy. 4.00-4.25: I
red top. 12.50-13.00. Barley, malting. ■
1.90-2.46: feed. 1.70-1 .£5._
Chicago Livestock
CHICAGO. Sept, 12 tUSDAt.—Sal
able hogs. 4.000: total. 8.500; slow; gen
eral market fully 50-75 cents lower com
pared with Thursday's average; good and1
choice 180-260-pound weights. 28.75
29.50 mainly: early top 30.00 paid spar
ingly and one or two small lots 29.75:
260-300 pounds. 27.75-29.25; some near,
450-pound big weights down to 25.00:
good and choice sows 350 pounds down.
25.25 to 26.75; 350-400 pounds. 23.75
25.50: 400-450 pounds. 23.00-24.26.
Salable cattle. 2.000: total. 2.300; sala
ble calves, 300; total. 300: hardly enough
steers and heifers here to make a market;
scattered loads good to choice steer year
lings steady at 25.00-32.00;-nothing strict
ly choice offered; receipts mainly cows:
canners and cutters fairly active, steady
to weak at 10.50-14.00: most beef weak
to 25 lower at 14.50-17.50: bulls steady to
weak at 19.25 down: meager crop vealers
slow, steady at 26.00. mostly 25.50 down;
stock cattle very scarce.
Salable sheep. 1.000: total. 1.300:
slaughter lambs steady; good and choice
native spring lambs. 25.00-25.25: rep
25.25: most medium to good. 21.00-24.50:
yearlings around 1.50 lower than Wednes
day; medium to good holdover yearlings.
17.50-19.00: no choice yearlings offered:
slaughter ewes steady: part-deck most!';
medium Western ewes. 8.00: few good
and choice ewes. 9.on. with choice under
150-pound weights quotable to 9.50.
Market Averages
STOCKS. an IS is, «<’
Indst Bails. Util Stks.
Net change —4 —.2 -—.2 —-2'
Net change 90.2 33.4 42.4 64.1
pre’- nay_ au." .'o.n -*±.1
Week ago _ 91.0 33.4 42.6 B4.n •
Month ago_ 93.3 35.1. 42 8 g«.l <
Year ago __ 6*.4 36.> 46.0 64.*
1947 high_ 96.9 38.5 47.2 69.0
1947 low.. 63.'? 27.7 40.6 08.0
BONDS. 20 10 10 10 10 Low
Ralls. Indst. TTtil. Pgn. Yield
Net change unc. —.2 unc. unc. unc
Today noon 93.6 102.8 104.6 69.0 113.9
Prev. day-- 93.6 103.0 i04.fi 69.0 113.9
Week ago . 93.6 103.2 104.8 70,7 114.4
Month ago 94.5 103.5 105.4 70.8 llo.O!
Year ago . 97.0 102.0 106.6 .5.8 116.4
1947 high. 97.1 104.2 105.7 76.6 116.5
1947 low 89.8 103.0 104.0 69.0 113 9
(Compiled by the Associated Press. 1
Sales—
8tock and Add Net
Dividend Rate. 00. High. Low. 2:30. chge.i
West Un Tel A 16 24’* 2«>* 2448 - 48
West Air Brk lg 3 33'* 3348 33>* + >/8
Westlne Elec 1 28 27 2674 27
t-wst El pf A 3'* 40 10448 1045/8 10448 + 48
Weston El lVig. 2 36>* 36'* 36Vi + Vi
Westvaco 1.40 1 32'/i 32'* 32'* -1
t WestvaC of3 38 80 96 95'* 99‘*-1
Wheel Steel 2g . 3 4248 *2Vi 4 248 - **
'Wheeistl prpf5 30 97 97 97 -1
White Dent 178- 2 29 29 29 - Vi
White Motor la 2 26'* 26'* 26V* + 48
White Sewing M 1 12V4 12'* 12V4 - V4
WtUyi-Overland 2 8V» a5* 848
WilsonicCo 70g 12 14 1548 14 + V8
Woodward Ir 4 2 60 60 60
woolworth Sa 17 4678 46‘4 4678 - 74
Worthington 2b 2 57'* 56>* 5644 - 74
»WPMcvprpf4*/a 50 89'* 89 89 + 48
Wrigley W Jr 3 2 63Vi 63'4 63'/*
Wyand Wor 40a .5 ll'/i 11V4 11'*- 48
YALE * T 60a 2 34'* 34‘* 34'*
York Coro .30 3 1278 1278 127a
YungSheet&T 4 11 68'* 67>* 68 - '*
youngs Stl Dr 1 1 16'* 16'* 16'*- 48'
ZONITE PR 1 «s 3 6'* 6'/* 6V*
Hourly Sales on (he Exchange Today:
11:00 a.m.- 120 000 12:00 noon 250 000
1:00 D m.. 350 000 2:00 0 m. A40 000
tuntt of trading. 10 shares. ’In bank
ruptcy or receivership, or being reorganised
under the Bankruptcy Act. nr securities
assumed by such enmpanies. Rates nf
dividends in the foregning table are annual
disbursements based on the last quarterly
or semiannual declaration. Unless other-!
wise noted, special or extra dividends are
not included, x Ex dividend. *r Ex rights
a Also extra or extras, b Plus itoek divl- 1
dend. d Cash or stock, e Paid last year
f Payable in stock, g Declared or paid ae
far "this year, h Payable in Canadian
funds, k Accumulated dividends paid ot
declared this year.
*
Brokers' Loans Drop
$113,000,000 in Week
By the Associated Press
The Federal Reserve Board re
ported that loans to brokers and
| dealers on securities held by mem
ber banks in New York City totaled
$823,000,000 Wednesday, a decrease
I of $113,000,000 from a week. ago. and
ja decrease of $254,000,000 from a
year ago.
Included was $514,000,000 lent to
purchase or carry United States
Government obligations, a decrease
of $103,000,000 for the week.
N. Y. Bond Market
(Furnished hr the Associated Press.)
SELECTED LIST OF ISSUES.
WORLD BANK j IC 4s 5" 99%
IntBR&D 3s?2 100 25j j c 4%s 66 79%
IntBR&D2'457 100 12 m Ter RR 4s 70 99
NEW YORK CITY IntGtNor 6s 52 23>A
is 80 . . 110% IntHydroE10s44 99
FOREIGN 2:J0 Lautro N inc 75 90%
Australia 5s 55 102% LehVal4%s2003 37
EuenA45sSAp?6 99>Hj Mar atiSug 4s57 86
ChileMB Ks61 a 19 MSPESM 4!,2s*l 90
Denmk 4 Vis 62 80 M-K-T 5s 62a 82%
Minas G 6Vis5!) 29% M-K-T 4'2s 78 71%
NorwayMB 6570100% Mo Pac 5%s 48 25%
DOMESTIC 2 30 if.f
Am&F P 582030 107% Mo Pac gn 4_s 32%
Am T&T2%s61111% Morris&E* 5s5o 70%
Am T&T 2%s86 96 Nat palry_ 4701.02%
AmTcbaccodLiS 104 ^c*'5.'ls,RR4£^!
AtlRefln 258S06 102% JJvc 4%S"013A ®°
Rfcn°rvBI(f00<) 47% NYNH&H6S 48 55%
b£S4V5 4u8;: 35
Beth Stl 2%s 70100% NYNH4s2007wi 67%
B°stMe 4%s70 52 NYNH&H 4s 57 13
BuIRoch&P57st 64% NYO&W gn4aoo 4
Can Pac 4s pern 101% NY SW gn 5s40 12%
Cent BUP 4s 48 72 NY SW rl 5s 37 35
Cent Ga 5s 58C 10 NorflkSo 5s20I4 46%
Cn RR NJ 6s 87 31 Nor P clt 4Vss75102%
ChiI&L4'/a2003 37% NorPac 3s 2047 68
CMStP4'/iS2044 55% PennRRB4 Vasdo 104%
Chi Ry 5s 27 82% phill Pet 7:* it64 102%
CRIP4!/bs52A 58 PCC SL .'!Vjs4!>E 102%
CRIP 4Vbs 60 37 auakerO 258f04 1021/4
r-DTtlAc-OC Ql% n.rnn 1 1 cm
CRIP rf 4s 84 5234 StLSanFrn4s87 85’
ChlUn St 234s6210434 stPKCLS4I2s4 1 43
Cm G&E 234S75103 Scab in4'2s20l 8 6634
CCCStL 4? is 77 7134 Shell Un 2>is7 I 973i
ClevUnTr434s77104 Socony-V23is7K 9874
Col & So 4>/2s80 49 Sou Pac 434s 68 96
Cons Ry 4s55Ja 5034 so Ry gn 4s 86 9634
Cons P 234s 75 104 stdOCa! 2*isA6 103>*
Del * Hud 4s Bit 9814 StdOilNJ2Jis71 97>4
Den&S L inc 82 70 Texas Corp 3S65105I4
HarImR&P4s54 100 Third Ave Ss 60 47
Hud Coal 5s 82a 8734 Un Pac 234s 76 104
Hud&M r( 5$ 57 5334 West Md 4s 52 102>4
Hud&M In 5s 57 141/4 West Un 5s 60 .. 9134
N. Y. Curb Market
I.IST INCLUDES ONLY SELECTED ISSUES
CHANGED FROM PREl’IOUS CLOSE.
2:00jHecla Min 1 11
Alreon Mfg Co l'4||nt Petrol 3s 1034
Alum Co Am 2 5434. Kaiser-Prazer 734
Am Gas & El lb 3734 Kingston Pr .20 434
Am Gen lie 2>4|Klrk L G M .02 134
Am L & T J .20 IWAiLik’ShivI .84* 1234
Am Maracaibo 3 t,ogans Distill 10>/4
Am Superpower 1 -iMemphOas .10* 674
Anchor Post 3, 74 MeEabi lron 434
Ara Nat, Gas A 534 MStPA vtc2.40e 183i
Ashland Oil 60a 1234 MjdWestCrD i/,b 1514
Atlas Corp w w 534 M)d We8t Ref,n 214
Atlas Ply 2'a 3034 Mwlng Cp Can 63,
Barium Steel MorrisPl Cp lie 414
Blue Ridge .10* 334 Nat Bellas .26g_ 334
2reJv,,9pJc?,1 ,5 * Nat R"'1 ° so 12’A
Bnk Hill & S Via 17 NatPressCook 2 3334
Calllte Tong 234 New Mex A Arts 534
Carr Con Bisc 1 8 Niagara Hud Pr 834
Cen&S W Cp .70 1034 Nlp’smg Mines 134
Chief Cons Mng 134 Noma Elec 34b 1634
Cities Service 3534 No Am Lt A Pwr 734
Claude Neon 234 pennroad lie.. 6
Colts Mfg l 3.* 35 pep Boys V«g 6
Comn&Sou war 34s Perf Circle .SO 1234
Cons Stl Corp 1 2714 pioneer Gold 334
ConsTextl.log 1174 r-K-o opt war. S'4
Copr Range 34g 1034 Roo5evt Fd lie. 614
CreoleJ’et 1 Bog 3334 Ryan Con8 Pet 6,„
Croft Brew Ooe 13J st Lawrence CD 13
Crown Cent Pet 434 3a)t Dome on 834
Cub Atl Sug 2a 2134 Soiar Alrcraft 1034
Dennison A ,6tig 10V* Sonotone .10* . 334
El Bond&Share 1134 std Cap * Seal _ 1734
Elliott Co 22 [sterling Eng 234
Eouity Corp ._ 13j Textron Inc >4* 1234
Eureka C Ltd 2% unit Gas S8g 1734
Fairchild E A A 3‘4IUtd Lt&R.vs 3„g 22
Fanstcel Mtl V*e 163k UnivConsOil 34g 343*
Gen Firepfg 2g 2934 tJtah-IdSug.l Sg 334
Glen Alden Cl 2 1834 WestVaC*C lig 1434
Goldfield Cons 34| Williams RC lig 12>4
Hearn D Str lig 9 WrithtHarg lfl 231*
Kates or aiviaenas in me ioregoing
table are annual disbursements based on
the last quarterly or semiannual declar
tion. Unless otherwise noted, special or
extra dividends are not, included, a Also
extra or extras. b Plus stock dividend
d Cash or stock, e Paid last, year, f Pay
able in stock, g Declared or paid so far
this year, n New issue, ww With warrants,
k Accumulated dividends paid or declared
this year, h Payable in Canadian funds,
xw Without, warrants.
New York Produce
NEW YORK. Sept. 12 oPi.—Butter. 459.
918: easy. Wholesale prices on bulk ear*
ions: Creamery, higher than 92 score and
premium marks (AA). 87 cents: 92 score'
(A>, 84: 90 score (B>. 77: 89 score <C).
74. (New tubs usually command Vi cent
a pound over the bulk carton price.)
Cheese—184.468: steady, prices un
changed.
Eggs. 12.460. steady. Spot quotations
follow (based on wholesale sales by re
ceivers to jobbers and large retailers):
Mixed colors—Extra fancy. heavy
weights. 67-68 extras 1 and 2 large. 61*63:
extra 3 large. 55-58; extras 1 and 2 med
ium. 50-54: standard 1 and 2 large. 51-54:
standard 3 large. 49-50: current receipts.
43-46: dirties. 39*42: checks. 37-38
WHITES— Midwest. Nearby.
Extra fancy heavyweights 71-73 75
Extras 1 and 2 large 66-70 *
Extra 3 large - - 60-63
Extra 4 large - 55-58
Extras 1 and 2 medium o9-60 64-6o
Extras 1 and 2 pullets * 4*-48
Extras 1 and 2 peewees • 38
BROWNS—
Extra fancy heavyweights 69-*0 72
Extras 1 and 2 large 63-65
Extra 3 large — *6-59
Extras 1 and 2 medium*6-o« *9-60
Extras 1 and 2 pullets • 44-4*
Extras 1 and 2 peewees * 33-34
* UnquotecT_
Dividends Announced
NEW YORK. Sept. 12 MPi.—Dividends
declared today:
Irremlar
Pe- stock of Pav
R*te. riod. record, able.
Davenoort Hos M ¥1.00 P-22 10-1
Regular.
Colonial Sand A- S 10c Q 10-14 10-30
Gen Mach Coro 12’,sc Q 9-15 10-1
Nat Dept Strs 25c Q 10-2 10-lo
Omar Inc _ 10c P-10 9-30,
Pacific Gas A, El - 50c O 9-29 10-15
Pierce Governor .30c 3-20 9-30
Sinclair Oil 25c Q 10-ln 11-15
Sun Chemical Joe 9-_~ JO-1
Formica Insui 40c 9-1 o 10-1
Horn A: Hard Bak ¥2 Q 9-1S 9-29
Hoover B Ai Bear _ oOc 0 9-20 10-1
McOuay-Norris 35c 9-2, 10-1
Sterlina Inc -12’/;>e O 9- n
W’aaner Bak -2oe 9-1P 10-1
Wayne Pump- 50c 9- .1 10-1
Wiliys Over Mot pf 1 12’,a O 9-20 10-1
Tobacco Markets
RALEIGH. N. C. Sept. 12 i/P —A major
ir.y oi grade? on me iiuc-euicu
of South Carolina and North Carolina
and the Eastern North Carolina belt showed
increases yesterday. the Federal-State
Departments of Agriculture reported, with
some Rrades of lugs and leaf showing the
biggest gains of ihe season. However
most offerings posted increase* from $1
! o $3 per hundred pounds.
Volume of sales on all markets r-on
tinued heavy. Deliveries to the Flue
Cured Stabilization Corp. amounted to
over 10 per cent. . , . „
Sales on the border belt totaled 9.391
024 pounds for an average of $41.98 on
Wednesday. Sales on the Eastern North
Carolina belt on Wednesday totaled 9.
333.98* pound? for an average of $39.4-.
This was $1.82 below Tuesdays average
and constituted the largest drop of the
year ___
New York Cotton
NEW YORK. Sept. 12 P'—Won fu
tures moved lower today.
fleeting action of other commodities A
sharp decline in wheat was responsible
for most of the selling in eottom
The market at times showed relative
steadiness owing to a lack of hedging, but
the slight upturns encountered prom- ,
taking , , t «I
Late afternoon prices were 1 to .m l
bale lower than th« previous close Octo-,
ber 31 50; December. 31.3,. and Mtrcn
31 28. _
Foreign Exchange
NEW YORK. Sept. 12 >T> —foreign ex-'
change rates follow' (Great Britaifi in
dollars, others in cents):
Canadian dollar in New York open
market P7* per cent discount or P0.12’'a
United Stages cents, down r* of a cent.
Europe: Great Britain, 84.027* up i* of
a rent- France 'franc) .84V» of a cent,
unchanged: Sweden ‘krona'. 27.85. un
changed: Switzerland (franc) (com
mercial). 23.40. unchanged. '
Latin America: Argentina free. 24.8*.
up 2 of a cent; Brazil free. 5.50, un
changed. Mexico. 20.02. unchanged.
——
Odd-Lot Dealings
PHILADELPHIA. Sept. 12 <*’>.—The Se
curities end Exchange Commission re
ported today these transactions by cus
tomers with odd-lot. dealers or specialists
on the New York Stock Exchange for Sept
11: 3.60S purchases involving 107,362
shares: 3,177 sales involving 91.046
shares, including 36 short sales Involving
1.505 shares.
Western Air Lines appointed Roy
Backman general traffic and sales
manager.
Berry Brothers. Inc., a subsidiary
of American-Marietta Co., has pur
chased the Indiana Wallpaper &
Paint Co. of Indianapolis for an un
disclosed sum.
Kirchner Appoinfmenl
Prompts Resignation
Of Council Member
Appointment of ,T. Fred Kirchner,
a labor inspector for Northern Vir
ginia, as director of the State ap
prenticeship training program has
; resulted in the resignation of one of
j the three industry representatives
on Virginia's Apprenticeship Coun
cil, it was learned today.
In addition, the two other industry
representatives have attacked the
appointment as being made without
their approval.
Mr. Kirchner. former president of
the Alexandria Central Labor Union,
was named to apprenticeship train
ing post Wednesday by John Hop
kins Hall, jr.. State commissioner of
labor and industry and an ex-officio
member of the Apprenticeship
Council.
The council is composed of three
industry and three labor representa
i tives with Mr. Hall and Dr. B. H:
Van Oor, State director of vocational
education, as ex officio members.
Called “Administrative Matter.”
While he claimed the appointment
was “approved” by a majority of
the council, Mr. Hall contended the
naming of a program director is
an “administrative matter” and that
he is not legally bound to follow
the councils advice in such actions.
L. Gordon Sheain, president of
the American Can Co. in Richmond
and a member of the State Appren
ticeship Council for nearly 10 years,
disclosed that his abrupt resigna
tion from the council was in protest
against Mr. Kirchner's appointment,
the Associated Press reported.
"In my opinion, Mr. Sheain as
serted. 'Mr. Kirchner is not qual
ified for the job and I do not be
lieve his employment as director is
in accordance with the wishes of the
council as a whole."
G. Guy Via of Newport News,
another industry member, said he
had neither "approved nor recom
mended" Mr. Kirchner.
“Amazed" at Choice.
"I was absolutely amazed when
announcement was made of his
appointment," Mr. Via said.
Mr. Hall said he believed “the
future will justify my honest con
viction that iMr. Kirchner) is well
qualified for the position."
In a letter to Gov. Tuck, he said.
Mr. Kirchner knows the “policies
and procedures" of the State De
partment of Labor and Industry,
and is “well thought, of in his ter
ritory.” The commissioner said Mr.
Kirchner would spend much of his
time as director in public relations
work, “a field in which he has
proved his ability."
Kirchner Was Assaulted.
Mr. Kirchner first appeared in
the news in January 1946, after a
fracas at a meeting of the Alexand
ria Central Labor Union, American
Federation of Labor affiliate, which
resulted in the conviction of two
other labor leaders on assault
charges.
James D. Hardman, then presi
dent of the union, and J. C. Turner,
n.-tinc- secret.arv were fined S400
each for assaulting Mr. Kirchner.
who suffered r broken nose.
Mr. Hardman, who resigned last
May as president of the Alexandria
union when he was transferred to
New York by the Bureau of Aero
nautics. is currently under investi
gation by the Civil Service Com
' mission for alleged Hatch Act
violations. He is accused of elec
1 tioneering in Alexandria in 1944.
1945 and 1948.
Police Dispute
Jurisdiction in
Mishap to Boy, 4
Four - year - old Frank Eugene
Ferro III was feeling better today,
after an accident yesterday which
had District and Montgomery
County police scratching their heads
in a jurisdictional muddle.
Frank ran into the edge of a
broken sewer pipe in front of his
home. 6815 Eastern avenue N.W.,
Takoma Park. Md., yesterday after
noon and Dr. Dean Harding was
called to treat the injury. Fourteen
stitches were needed to close the
wound.
Montgomery police, first to appeal
to investigate the accident, discov
ered that Frank had fallen against
one of a stack of pipes put beside
the sidewalk by a contractor who
is installing a new sewer line on
Eastern avenue. Pvt. Frank Bell of
the Takoma Park station said Frank
lived in Maryland, but the pipes
were in the District because the
District line runs along the side
walk at that point. So District po
lice were called. Nothing doing, they
said, the house and pipes both were
Ill IVlrtl ,> idlivi.
But pretv soon Pvt. Bell con
vinced the Washington police that
the accident actually occurred in
the District, so it went on District
records.
Suspect Held in Attack
On Girl in Churchyard
Special Dispatch ta The Star
WINCHESTER, Va„ Sept, 12 —
William H. Tobin, 23, of Stephens
City is being held without bail for
grand jury action on a charge of
criminally attacking a 17-year-old
girl early Sunday in a churchyard
at Middletown, according to Com
monwealth's Attorney Joseph A.
Massle, jr.
Sheriff Robert De Haven said he
and a deputy were called to Middle
town by residents who reported a
girl screaming. The sheriff said
they found the girl standing against
a church wall and Tobin was lying
in the grass nearby.
Decrease Is Reported
In Crude Oil Stocks
By th* Asiociatvd Cr«s
The Bureau of Mines reported
today that stocks of domestic and
foreign crude petroleum totaled
226.154.000 barrels on September 6.
a net decrease of 2,127,000 barrels
for the week.
Domestic crude decreased 1.001.
000 barrels; foreign crude decreased
36.000.
Daily average production was 5,
173.000 barrels, an increase of 15,000.
Runs to stills averaged 5,246.000,
an increase of 37.000.
Koppers Gets Big Order
SYDNEY. N. S, Sept. 12 —A
$4,000,000 expansion program at the
steel plant of Dominion Steel and
Coal Corp. here to start early next;
spring was announced today Con-|
struction will be carried out by
Koppers Co. of Pittsburgh.
4
Agreement Ends Strike
At Four Trucking Lines
By th« Auociated Pr*s»
WINCHESTER. Va.. Sept. 12 —
Settlement, of a labor dispute be
tween four motor transport lines
and their striking drivers and other
operating personnel and immediato
resumption of operations were an
nounced yesterday by a spokesman
for the lines.
The spokesman refused to state
details of the agreement, which he
said were to be drafted in a new
contract. He said, however, that,
the increase was substantial, al
though both sides yielded on some
points.
The agreement covered the Mason
Dixon Line. Supersen-ice. Associ
ated Transport and Smith Transfer,
whose workers struck at midnight
Saturday night along with workers
of three other transport lines.
Meanwhile, representatives of the
workers, affiliated with the AFL
Teamsters’ Union, continued nego
tiations with officials of the three
other lines, Novick Transfer Co.,
Alleghany Freight and Elliott Mo
JLuuca, m an enori io reacn an
, agreement on a new contract.
Mixed Jury at Towson
Convicts 3 of Attack
ly th# Associated Prnss
TOWSON, Md„ Sept. 12.—Two •
youths and a man were convicted of
rape today by the first mixed Circuit
Court jury in Baltimore County his
tory after deliberations of about
three hours.
Found guilty by the jury of five
women and seven men were Dclmar
Foster. 19, of Atlanta: James B. La
Guardia, 26. of Youngstown, Ohio,
and a 15-year-old Atlanta boy. Five
jurors recommended mercy, but it
was not disclosed whether they were
the women, who were authorized to
sit for the first, time in Maryland
by the 1947 General Assembly.
Judges J. Howard Murray and
Frederick Lee Cobourn deferred sen
tence pending a defense plea for a
new trial. The convictions carry a
minimum sentence of 18 months and
maximum of life imprisonment or
death.
A 27-year-old Maryland woman
charged she was attacked by the
trio June 4 after they forced her into
an automobile and drove to a lonely
spot near Essex, Md. The three
pleaded innocent.
LOANS
on
REAL ESTATE
Yariaaa plana. Inflating Inna-Ur*
■aatkly payaaata. at fararakle rata
FIRST OKED OF TRUST ONLY
RENTALS—SALES—INS USANCE
GEORGE I. BORGER
64J Indiana Art. IV.W.
NA. MM
w ^
Fir*t Mortgage
LOANS
RENT*—BALI*—-INSURANT*
P. J. WALSHE, INC.
Fnandtd 1889
^11 IS Rye *t. N.W. NA. StflB^j
|
UNITED FRUIT COMPANY
DIVIDEND NO. 193
A dividend of fifty cents per sharp
and an extra dividend of one dollar
per share on the capital stock of
this Company have been declared
payable October 15. 1947 to stock
holders of record September IS.
1947. LIONEL W. UDELL
Treasurer
V
Out,
INSURANCE
DEPARTMENT
-
W COMPLETE
Unlimited foeiI — crpyirr
dies to under- OtlsYIvt
write every
form of incur- •
once, including
bonds. Complete Phone DC 2172 for
protection ond quotofion on per
prompt c I o i m sonol property
service. flooters. No obli
gation.
•
MAURICE M.
SALOMON
8HK COMPANY
II 917 Barr Bldg.
Notice of Redemption
To the Holders of
Victor Products Corporation
Series "D" 5% Debenture Notes
Notice is hereby given pursuant to
the Indenture of Trust of Victor
Products Corporation of Hagerstown,
Maryland, to the Hamilton National
Bank of Washington. D. C„ as Trus
tee, dated December 17, 1940, that
the undersigned as Trustee aforesaid
has drawn by lot for redemption on
October 1. 1947, out of monies in
the sinking fund, the following num
bered Series ."D" 5% S, F. Deben
ture Notes due April 1, 1950:
Coupon Notes of *1.000 Denomination
M24—M26—M28—M3 6—M58—M62—
M63—M66—M69—M90
The Notes herein designated by num
ber will be paid at the current re
demption price, namely, 102% of the
principal amount thereof, together
with accrued Interest thereon *o said
redemption dale. Said Notes must
have attached thereto all coupons
maturing on and after April 1. 1943.
Said Notes will be redeemed at the
Hamilton National Bank. 14th and
O Streets N.W., Washington 5, D C.
Interest on the Notes herein described
shall cease to accrue on October 1,
1947.
HAMILTON NATIONAL BANK
OF WASHINGTON, TRUSTEE.
By W R. Forster, Vice President
Dated: August 29, 1947.
y

Evening star. [volume], September 12, 1947, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], September 12, 1947, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972