Evening star. [volume] (Washington, D.C.) 1854-1972, May 17, 1948, Image 19

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Evening star. [volume], May 17, 1948, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 17 May 1948. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1948-05-17/ed-1/seq-19/>

Newspaper Page Text

Open House Planned
By Columbia Federal
In New Building
By Edward C. Stone
Wednesday, May 26, has been set
as the opening date for the new
home of the Columbia Federal
Savings & Loan Association, at
730 Eleventh ..
street N.W., |
Clarence R I
Kefauver, presi- f
dent, announc- if;
ed today.
Hundreds o t §
1 n v i tations to i
“open house” on
that date were if
received in the ^
morning mall by i
patrons and I
many others. I
The offices will I
be open to the I
public from 5:30
p.m. tO 9 p.m. C. E. Kef»»«r.
The association's new building is
practically completed and will be
used almost entirely by the com
pany. It has a handsome main office
with ample teller space, adjoining
desks for the officers with a private
office for the president.
It is up to the minute in every
way. The boardroom is located on
a mezzanine over the front main
lobby and the bookkeeping depart
ment is over the rear main lobby.
The appraisal section of the loan
department will be in a room on
the first floor. The vault is off the
main lobby.
Luncheons will be provided for
officers and employes in the base
ment. The mailing department will
be located here and there is ample
space for staff meetings. The build
ing will be air-conditioned and five
more stories can be added later if
needed.
Present officers include: C. Gay
Harrell, chairman of the board: Mr.
Kefauver, president: William E
Poulton. vice president and treas
urer: Howard E. Thompson, secre
tary: T. William Blumenauer. jr.,
auditor; Roland M. Brown, jr.. as
sistant secretary, and Gordon Davis,
assistant treasurer.
Agency Repays Capital.
Repayment of capital originally
subscribed by the Treasury and the
Federal Reserve Banks to Federal
Deposit Insurance Corp. is virtually
completed. Chairman Maple T. Harl
of FDIC stated yesterday in the
semiannual report of the corpora
tion to Insured banks.
As of December 31. 1947. all but
$83,000,000 of the original $289,000,
000 had been repaid. Remittances
to the Treasury since that date have
reduced the balance to $43,000,000,
all of which he expects the corpora
tion to return before the end of
1948.
Mr. Harl pointed out that repay
ment of Government capital, sug
gested by the corporation in 1946
and approved by Congress in 1947,
would not alter the corporation’s
status as an agency of the United
States Government, but would make
it an agency financed entirely by
insured banks in the interest of
their depositors.
Heard in Financial District.
Bernard J. Nees, president of the
Washington Stock Exchange, said
today that minimum commissions on
the Washington exchange are the
same as the prevailing rates on the
New York Stock Exchange. There
have been no changes in rates since
November 15, 1947, and none are
contemplated.
Business Briefs |
Steel Mill Operations for the cur
rent week were scheduled at 95.4%
of capacity, indicating production of
1.719.000 net tons—American Iron
& Steel Institute. Figures last week
were 94.3% and 1,699,700 tons; a
month ago. 80% and 1.442.000; a,
year ago, 96.1% and 1.681.700. The
latest rate was the highest in nearly
two months.
Tire Production In March showed
some irregularity, with passenger
car casings 10.38% above the pre
ceding month, while truck casings
were 1.12%—Rubber Manufacturers
Association.
Curb Exchange Membership sold
for $20,000. an increase of $5,000
from the last previous transfer.
American Broadcasting Co. offer
ing of 500,000 common shares- was
marketed today at $9 a share by a
group headed by Dillon. Read ft Co.
This was the first public offering
of company shares.
Standard Oil Co. of California
announced its subsidiary, Richmond
Exploration Co., had signed a con
tract with Venezuela for building
a refinery near Maracaibo.
Powdrell ft Alexander, Inc., de
clared a quarterly dividend of 25
cents and an extra of 10 cents, both
payable June 15. No extra was paid
in March.
Copper Range Co. declared a divi
dend of 50 cents a share, payable
June 21. Last year the company
paid 50 cents in July and 25 cents
in December.
Reed Roller Bit Co. declared a
quarterly dividend of 30 cents a
common share, payable June 30.
Previous payments were 25 cents.
Consolidated Natural Gas Co.
earned $7,626,296 or $2.33 a share In
the March quarter vs $7,410,963 or
$2.72 a year earlier.
American Tobacco Co. net income
for the March quarter was $7,437,000 i
of $1.24 vs. $7,640,000 or $1.53 in the1
game 1947 period.
Burlington Mills Corp. earned
$13,105,443 or $3.58 in six months'
ended March 27, after an inventory
reserve of $1,000,000. vs. $12,613,476
or $3,50 a year earlier.
Parke Davis A Co. profit for the
March quarter was $2,602,300 or 53
cent* vs. $3,340,946 or 68 cents in the
same 1947 period.
West Penn Power Co. earned $2.
548,547 or 75 cents In the March)
quarter vs. $2,191,451 or 63 cents a
year earlier.
Cincinnati Gas A Electric Co. net
for the March quarter was $2,337 -
421 or 92 cents vs. $1,998,610 or 85
cents in the same 1947 period
Pullman, Inc., profit for the March
quarter was $1,129,020 or 43 cents vs.
$2,370,306 or 73 cents.
Eastern Air Line*. Inc., earned
$1,121,144 or 47 cents in the March
quarter vs. $564,595 or 24 cents.
Goodail-Sanford, Inc., net for 39
weeks ended March 31 was $1,274,987
or $2.05 vs. $2,290,281 or $4 12 in the
like period a year earlier.
American Encaustic Tiling Co.
earned $71,853 or 21 cents in the
March quarter vs. $42,158 or 12
cents.
Birdsboro Steel Foundry A Ma
chine Co. reported a net loss of
$108,811 for the March quarter vs.
profit of $126,797 in the same 1947
period.
Studebakrr Corp. is in full produc
tion on its 1949 line of trucks. Aver
age prices of the new models are un
changed, officials said.
N. Y. STOCK EXCHANGE
(Finished he the Associated Fn
Sues—
Stock and And
Dividend Rate. 00 Hlab. Low 2:30.
ACF-BRILL MO 14 67* 6i* 67*
10 55 547* 55 +
24 227* 21V* 22V*
5 37V* 361* 37 -
6 10V* 10i* loi*
28 27V. 26** 27V* -
109 4V* 37* 4V* +
Net
cflse.
Acme Steel 4a
Adams Bid Vos
Addresso-Mult 2
Admiral Co .lfie
Air Reduction 1
Alaska Juneau
Aldens Inc 1 v> 12
Allechanr Coro 101
Alleahanv Co nt 5
AllerLudStl 40*
> Allied CA-Dve 6a
Allied Mills l‘.e
Allied Strs 3
Allis Chaim 1 60 51
Amal Leath .20e 12
Amerada Pet 2a
Am Aarleul 3a
Am Airlines
AmBankN 1.60*
Am Bosch Via _
Am Brk Sb 40e
Am Cable A Rad
Am Can 3
Am CardtPdr 3c
Am Ch&Cbl 1 40
Am Chicle 2a
Am Crrs S 1 20a
tAmCrvstl pf47s
AmC vans mid la
Am Distillers 2
Am Encaus '«e
Am Kurop 1.86*
Am Export L 2
Am A Fran Fwr 173
Am A F P 2d pi 41
Am-HawallSS 3
AmRlde & L Via
AmHomePr 1.20
Am Ice 60e
Am Interna 66*
Am Loco 1 40
Am Mch&Fd 60
Am Metal Vie
tAm Metals pi 6
Am Power & Lt
Am Radiat 40e 141
, Am 8*1 Razor 1 32
Am Seatm* 1*
Am Smeltln* le
> tAm SmAR ot 7
1 Am Steel Pdrr 2
Am Stove 80e .
Am Tel & Tel 9
Am Tobacco 3a
Am Viscose 2a
AmWstWks 30e
Am Woolen 6
: Am Wool pr pf 4
Am Zinc 10e
Anaconda C Vie
tAnac Wire Vi*
V*
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4Vi 4Vi 4V*
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tArmco Stl pf4Vil30
ArmourACol .20
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Artloom Corn 1
Assd Drj O 1.60
Associat Inv 2 _
Atch T A 8 F 6
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A T F Inc 7*e
Atl Coast Line 4x6
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68
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26
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Autocar Co Vat
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Avco Mfg 35e
BABBITT 1.20
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Balt * Ohio 187
Balto ft Ohio pf 48
BanaorftAroatk.
BarberOille
BarkerBros 174a
BamadaU Oil 2.
Bath Iron Wka.
Bayuk Cii 1'4«
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Bell Aircraft lg
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BenefInd 1 20a
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Beth Steel 1.20hll9
Bigelow-San '.2h 8
BrnuighmE 1.20 13
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3
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CALIF PKO 214
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41
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CannonMle 1X4* 4
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7%
23
29%
26%
23%
30
14%
12%
38
44%
10%
26%
44
21%
12%
27
18
17%
16
35%
** * - %
36%+ %
91% +1%
43%+ %
24 +1
24%+ %
16% - %
31% - %
13% - %
11% - %
36
42%+ %
47%+ %
25% - 1*1
29 - %
3%
11%+ %
34%
5%
24%+ %
15% + % j
48%+ %
15 + %
14% - %
14%+ %
37% — %
14%+ %
39% - %
11%
58
9H+ V*
62 - %
18 - %
29% - V*
16%
63% - %
14 - %
201*- %
5
3%+ V*
38%+ %
10%+ %
24% - %
34% - %
26% — %
71%
13% - %
13%+ %
17%+ %
10% - %
7%
23% -f %
29%
26% - %
25% — %
30%+ %
14%+ %
12%+ %
39 +1
44% - %
11%
28
44% -1
21%+ %
12%
27%+ % j
18%+ %
18 + %<
16 + %
36 - %
8 alee—
Stock and Add
Dividend Rato. 00. Hlfh
Dome Mine* lie 30 17%
Donclaa A Z%«. 13 64'+
Dow Chem A«e - *3 44%
Dresser Ind J«e- 11 28%
Dunnlll Inti 1 13 20
Duplan Corp lib 3 16%
DuPont de N 2e 12 181%
DuPont3'jPf3',i 3 95%
EAGLE-PI 1.80 7 14-»
Eastern Air Lina 64 19%
East State Steel 22 21%
Eastm Kod 90a 25 45%
Eaton Ull 3 5 60%
Edis Br Str 1 %a 2 18%
Ekco Prod 1 30 17 15%
Elas Stop N lit. 3 7%
r Auto-Ute 3 18 53%
Elee Boat l 8 15%
El A Music .16* 85 2%
El Power & Lt 57 21%
ElfinNatW 80a 11 15%
ElPasoNGs 2.40 * 67%
Emer Elec M 1 10 17%
Emer Radio .80 7 13
Bndicott-J 1.80s 4 31%
Eoult Off Bid* 28 5%
Erie R R 1 3* 14%
Erie R R pf A 6 2 61%
Eureka Will % 16 8%
■vans Prod %.. 3 18%
Eversharp HI 44 11
Excb Buffet 15b 2 6%
FAIRBANKS le 13 52%
FajardoSu* 2 tie 12 27%
Farnsworth 35 8%
Fedders Qul .80 4 13%
Ped-Mocul 1.80 6 18%
PbdMoTruck 40a 18 12
Federat D Strs 2 25 30%
Fid Phoenx F 2a 4 62%
Firestone TdtR * 16 50%
First Nat Btr 2e 2 54%
FlrthCarpetl .80 8 18%
Pllntkote 2a 40 38%
Florida Pow 1 26 14%
FlorsShoeA .65e 6 16
Follansb Stl Ait 16 28%
FoodFairSt .40b 27 12%
Poster Wheel 1 8 35%
Frank Btrs .80a. 5 10
FreeportSul 2% 4 45
Froedt OAM tia 3 11%
FruehaufTral 16 23%
GABRIEL .10*.. 22 8%
□air Robt .40 36 8%
Gamewell Co la 2 16%
Gar wood Ind.. *8 8%
Gar Wood pf 2 44
Oaylord Co 1 %. 8 24%
Oen Am Inv .40 28 18
Gen A Inv pf4>+ 1 103%
Gen AmTTns 3a 4 61
Gen Bakin* 80 20 10%
Gen Bronte .20* 2 13%
Oen Cable lie 50 12%
Gen CableS2pf 2 4 38
Gen Clear la.. 4 23%
Gen Elee 1.80.. 130 40
Oen Foods 2
Gen in strum 11.
Gen Motors 3 -
Gen Mot of 3%.
Gen Out Advt 1
Gen Port C lie .
Oen Precis Ea 1
OenPubSvc .20* 62
Gen Pub Util 80 48
Gen Ry Slinal 1
Gen Realty&Ut
Gen Refract lie.
Gen Shoe 2%-..
Gen Telepb 2__.
Gen TireAR la
20 38%
11 11
86 60
4 82%
3 16%
5 20%
6 17%
4%
14%
11 27%
18 6%
6 28%
4 28%
2 28%
28 27%
Low. S:30. cb«*.
17% 17%+ %
62% 64%+1%
43% 44%+ %
27% 28% - %
18% 20
16% 16%+ %
181 181% - %
85 85 - %
241+ 24%+ %
19% 19%
20% 21%+ %
45% 45% - %
60 60% - %
19% 19%
14% 15%+ %
7% 7% + %
52% 53%+ %
15% 15% - %
2% 2% - %
20% 21%+ %
15% 15%+ %
67% 67%
171+ 17% - %
12% 12% - %
31 31 -1%
4% 5 - %
14% 1478+ %
61% 61% - %
8 8%
18% 19%
10% 10% - %
6% 6% + %
52 52%+ %
27% 27%+ %
9% 9%
13% 13%+ %
19 19% + %
11% 11% + %
28% 30% - %
62% 62%+1%
49% 48% — %
54% 547++ 1+
19'+ 19'++ %
38% 39%+ %
14*+ 14% - %
15% 15'++ »+
281+ 28% - %
12% 17% - %
34% 34*+- %
9% 9'+- %
44% 45 - %
11% 11% - %
24% 23
>8% 8% — %
9 9% — %
16 16
9% 9% — %
43% 44 + %
24% 241+- %
17% 17% - %
103% 103% +1
61 61 -2%
10 10*+ + %
13% 13% - %
12 12%+ %
38% 39 + %
23% 23%+ %
39% 40 + %
39% 39%+ %
10'+ 11
59% 60
96% 96% - %
16% 16% - %
20 20i+
16'+ 17 - %
4% 4% + %
14% - %
27%
6%
281+ 28%
28% 28%- %
29 29% - %
27% 27'+
14
27
6
Gillette 0*1 ->/
Gimbel Broi 2 29
GliddcnCo 1 40* 59
GoebelBrew 10e 8
Goodall-Sn l‘/aa 17
Goodrich B Fie 13
Goodrh BF cl 6 3
OoodyearTAR 4 42
Goodyear cl 5 2
Graham-Paige 126
Granby Con '.'it 6
OranCityStl 3ie 3
Grant (WTt la. 7
Grayson-R V«e 2
GtNl Or et 1 */«c 9
Gt Nor Ry pf 3 16
GtWstSuc 1.00a 25
Green R L 2a. 12
GreenlT&D 1.20 3
Greyhound 1 276
Grum Aire E 3c 22
GuantanSuc Vic 6
Gull Mob&O Vie 21
GullMoAOh CIS 1
Gull Oil 3_ 31
Gull Sta Util 1 4
HACK WAT1.70 3
Hall Print la . 5
Hamltn Watch 1 17
tHamiltonW p!4 110
Harb-Walker 1# 10
Hart SAM 2.40 3
Hayeslnduat Vie 3
Hayes kilt .30*. 75
Hazel-Atl 1.20a. 7
Hecht Co 1.80.. 1
Heinz 1.80 _ 2
Hercules Mot 1. 8
Hercul Pdr .36*. *
Rershey Ch lVa. 1
Heyden Chem 1. 6
Hilton Hotel* 3- 10
Hind* * D F 1*. 3
Holland Furn 3. 9
Holly Bucar 1... •
Homestk Min 2 16
Hooker Elec .60e 3
Houd-Hersh V4e 18
Household Fid 3 6
Houston LAP 2 13
Houston Oil 1* 56
Howe 8ouDd 2 . 2
Hudson ft Men 3
Hudson Bay 2e . 24
HudsonMot .40a 40
Hunt Food* 1... 7
Hupp Corn_ 24
IDAHO PW 1.80 11
ill central 67
Illinois Power 2. 6
m Term RR .72. 6
Ind Pr ft Lt 1 34. 9
Indust Rayon 3. 8
Incer-Rand 0a. 2
Inland Steel le. 14
Inspira Cop tie. 16
Interchem Corp 5
Intercon Rub . 14
inter Iron 1.20* J2
Int Bus Mach 4- 4
int Harvest 4a. 9
tint Harrs pi 7. 60
int Hydro El A.. 18
Int MACh 1 00 10
Int Mining . *3
Int Nickel 1*80 89
Int Paper 3a 51
tIntRyCAp!2'jk 20
Int Shoe Hie . 3
Int Silver 4e_ 5
int Telft Tel 134
Int TAT lorn et 7
Intertyp* 80e . 3
JACOBS PL 4
JtecerMch 1 00 1
Jewel Tee 2 40a 2
f Jewel T pi 3% . 20
Johns-Map 3oe 28
Johnson A: J .40 4
Jones ft L Stl 2 43
Joy Manic 2.40s 18
KAL STOVE.46e 2
Kan City South 29
Kan City So ell 1
ffayser J la 7
Kelser-H A lVj. 4
Kel-HayW B %e 2
Kenneeott Vie . 84
Kern Land Hie 2
Kimbrlr Cl 1.40 10
►Klmb-Clrk pi 4 90
Kopners Co 1 00 6
KresgeSSl*.. 6
Kress S H 2a 10
Kroger Co 2.40 5
LACLEDE G .20 43
Lambert Co 1 Vi 9
tLane Bry pI2 V« 30
Lane Wells 1.00 3
LeeRubftTlrs 2a 4
Lehlgb C ft N 1 13
LehPortCem 134 10
Leh Val Coal 30
Leh V Coal lb!3 2
Leh V Coal2pl3i 2
Leh Vallaa R R 12
25 24*4 25 + 14
27*4 26*4 27*4 +1'/*
6 534 6 + >4
2434 23‘/i 23V4+ Vi
62V4 61V4 62*4 + >/«
100 100 100 + 1%
4634 45V4 4534- 34
99*4 99 99 -1V4
5*4 5 5*4
8 7*4 734 - 34
2634 263* 2634- *4
2734 27*4 2734+ *4
13*4 13*4 13*4- ‘4
15 15 15
50 49*4 50 - 34
22 2134 22 + *4
38*4 37*4 38 - 34
17*/* 17 17*/*+ *4
13*4 1234 13
3934 38*4 3934+ 34
634 6*4 634 + >4
1834 1834 1834+ 34
55 55 55 -1
7534 7434 7534- 34
17 1634 17 - *4
34*4 34 34 +134
16 1534 16 + Vi
1**4 14 14*4+ *4
83 82 83 +1
26*4 25*4 26*4+ 34!
34 34 34 - */. J
9*4 9*4 9*4+ *4
83* 8*4 83* + V*
243* 24 24
26*4 26*4 26*4+ 3*
39 39 39
2134 21*4 21*4 - >4
54*4 54 34 - >4
2934 2934 2934+ %
28 27*4 27*4 — 3*
1134 113* 1134
3138 31*4 3134
28V4 28*4 28*4- >4
2434 24*4 24*4+ ‘4
3934 38% 39*4+ 34
34% 34% 34*4- %
17*4 17 17*4 - 34
33 323* 3234
44*4 433* 44*4 + 3*
3234 31% 3234 - *4
4534 453* 4534 - >4
5*4 5*4 5*4 + %
4434 44 4434
20*4 20 2034 - *4
18% 18*4 18*4- *4
434 43* 4*4+ V4
33*4 323* 323* - %
39 38% 39 + *4
28*4 28*4 28*4
11 1034 11 - *4
24*4 24 24 - %
52V4 52*4 52*4
143 143 143 -2V4
443* 44*4 453*- %
2034 20*4 20*4- V4
23 2234 2234- V4
3*4 334 334 + Vi
15*4 15*4 15% - 34
144 143*4 144 + 34
99% 98*4 99 - *4
167 167 167 -1*4
8*4 8*4 8% — *4
35*4 35 35 - %
4% 4*4 4% + *4;
31*4 31 31*e + >4 |
6034 59*4 6034 + *4
94 93*4 93%+ *4l
43*4 42% 42% - *4;
59 58% 59 + Vi I
15*4 1434 15*4
15% 15 15*4
30*4 30*4 30*4 - *4
9*» 9*4 9*4- >4
21% 21*4 21*4+ ‘4!
46% 46 46 - 34
98 98 98 -1
4134 40% 41*4- >4
31*4 303* 30% - *4
3634 36 36*4+ %
40% 39>* 3934- >4
20 19*4 20 + >4
42** 41*4 42*4 - *4
58*4 58*4 58*4+ *4
16% 16*4 16*4- V4
23*4 23% 23* *
20*4 20*4 20*4 - »4
58 56*4 58 + *4
483* 48% 483*- *4
23*4 23% 23% + %
1003* 100*4 1003* +1*4
35 34*4 35 - *4
37*4 37*4 37*4 - V*
503* 50% 503*+ Vi
47 46*4 47
6*4 6% 6*4
23% 223* 22*4- %
533* 533* 533*+ *4
27*4 27*4 27*4- V4
45 443* 45 - Vi
12 113* 12
34*4 333* 34*4+ %
33* 3*4 3%
23*4 23% 23% - %
10 10 10 - 14
7*4 7*4 7*4- V4
LehmanCrp eoe zz
Lehn A Pink 7
Lerner 8trs 1 44 16
Lib-O-F Glass 2 17
LibMcN&L’ie- 41
LIze A- My 4* 11
>Ligg&Mynf7 20
Lima Hamil 00 *3
Link-Belt 8k_ 6
Lion Oil 2 13
LiQind Carbn 1_ 16
Lockheed Aire 67
Loew's Inc 1 44 35
LeneStarCeS'ia 6
Long-Bell A ,80k 3
Lorillard P1 - •
’Lorillard pf 7 70
LoulsvilAN 3.58 0
Lowensteln 8a_. 39
Lukens atl 40k 9
MACK TRUCKS 43
Mac? KBS-16
Masnaroz 1- 4
Manatl Sac 144* 11
Marie 011 .10* 13
Marathon Crp 1 1*
MarlneMIdl .30* >5
Mark St R7 or *30
Marsh Field 8- 1*
Martin G L_33
MartinParry .00 3
Masonite Cp la 17
Master Elec 8.40 S
MathChemllia 9
May Dept 8tr 3 - •
’MayStrs pfn344 30
Maytag Co 1 .10
McCrorrS 1 40a 5
McGraw Hill la. 4
McIntyre 3.01a 3
McKess&R 8.40 15
'Mead Cp pt 4 V« 50
Melyllla Sh 1.80 10
Mania! Co la -. *
Mercant 8tn 1. 3
Merck*Co2.40a 4
MerrittC&Sl .00 31
Mesta Mach 344 8
Miami Cop 14* 13
Mid-ConPetl44* 37
'Mid Steel Ipt a 1
Minn-Ron Re 2a 16
'Minn H of 3 20 70
Minn Moline 30
Mln&StL Ry V.e 17
M SP4SSMA le 3
Mir n Min * M 8 •
'Minn M&M efl 40
MisslonCn 144*. 33
Mo-Kan-Tezae 36
Mo-Kan-Tez pf 85
Mohawk Crpt 2a 4
Mojud Hoe JO 13
Monarch Mch 2. 3
Monsanto Ch 8. 80
34*4 5344
11»» 111.
2344 2344
53 S2‘4
10 33k
0714 0644
1701/4 17044
13‘4 13
68‘/4 601/4
47 46>/4
3014 804
3234 2114
1514 l»>/4
66>/4 66>4
2014 2844
1*34 1»V4
1501/4 14*
4*14 4*
54V4 ~ V4
11H+ i/4
2314
44
5244+ 44
44
35*4 341,4
2314 83
2614 26
3744 37>4
1414 1414
014 014
744 7
2544 23>/4
744 714
1644 1614
2*14 39
1*14 l»>/4
1*14 1*
67 6644
20 2514
3644 35H
*0
4644
•0
1244 1244
3614 3514
30 30
5044 5044
3444
35
•4
231/4 33
1*14 l»>/4
1744 1744
50 5744
1544 2314
43 43
1714 1744
6314
13814 13714
51 5014
*7 *7
1644 1644
1514 1544
11*4 11*4
70 7544
102 102
66 6*1.4
61,4 614
2444 2314
4144 4144
1244 1114
20 271/4
6114 6044
10 +
871/4+ 14
17044 -11/4
13‘4 + 44
601/4
46>4- 14
2014+ H
2214+1
1*14
6614
2044- ‘4
1*14- 44
1501/4+ 44
4*1/4- 44
3544 - 44
2314
2644+ 14
3744+ i/4
1414- i/4
014+44
7
2444 +M/4
7H+ 44
16'/4 + 44
2»>/4
1*14 + 14
1* - 14
67+44
2514 + H
3314 — H
4614 + 14
*0 -1
121/4
36 - H
30 -1
501/4- 44
3444-1
*4+14
2344- 14
1*14 — 44
1744 - 44
50
25>/4
43
1744 + 44
66 + 44
13744 + 44
31
*7-44
l*>/4
1514 — 44
11*4 - 14
7314+ 44
102 -1
65*4 — 44
6>/4+ 44
3444+ 1/4
4144- 44
1214
28 + i/4 1
- 14 I
Sail
Stock and Add
Dividend Rata. 00. Blah.
Monte Ward 2a 39 64%
If-MecLlama 26 17%
MorrellACo l*+a 2 *4%
Motor Prod la.. 11 ***+
Motor Whl ,80e. « 22%
Motorola V«a - 23 1*
Muel Brass ,30e. 19 23%
Mullins Mf* la. 23 26%
♦Mullins pi 7 10 105%
Munslngwear la * 13%
Murphy GC l'ia 19 *4
Murray Corn 1 • 15%
MurrayCorp pf2 1 40%
NASH-KSL 36* 73 10%
♦Nash CAStL le 160 27
Nat Acme 2a_ 3 28*/*
Nat Airlines - • *%
Nat Auto rib CIO 29 11%
NatBlscuit 1.60a 24 29%
NatBondAS 60a 5 27
Nat Can _ 30 9%
Nat cash Rea la 23 43%
Nat City Una % 33 9
NatContaln 1.20 75 13%
Nat CV) Gas .80 8 12%
Nat Dairy 1.80 24 28
Nat Dept Stria * 20%
Nat Distillers 2 87 21%
Nat Gypsum %a 81 1*%
Nat Gvpsum rt 382 1M*
♦Nat Oyp pi 4% 20 94%
Nat Lead la 24 37%
♦Nat Lead pfB 6 10 142%
Nat Linen 8 60 8 7
NatMAStlC 16e 18 23%
NatPowAL... 28 *%
Natl Steel 4 5 98%
Nat Bus Rel la. 8 24%
Nat Supply 1... 85 22%
Nat Teal%_ 3 27%
Nat Vul Fibre 1. 3 13%
Natomas Co 1.. 9 H
Nehl Corn 1 8 17%
NelsnerBro .80a 8 19
Newberry J J 2 1 34%
♦Newberry pI3% 10 92%
N Eng Ei Syst 1 14 11%
Newmont M tie 14 59%
Newpt Indust 2 10 25%
Newot NewsS 2a 89 30V*
NT Air Brake le 7 42%
N Y Cent R R 150 17%
N T Chi A St L. 7 88%
N T C Omnibus- 4 19%
N T N H A Hart 10 11
N Y N H A H Bt 2 30%
NY Shlpbldg Vie 14 18%
Noblltt-Spk 1 60 3 24%
Nopco Cbm 40e 1 33
NorfAWestern 3 10 59
No Am Aviation 4 12%
North Am Co tab 72 18%
NO Nat Oas .40* 13 33%
North Pacific la 71 28%
Northwest Alxl ' 30 18%
NrthwAlr ofl.lB 19 26
Norwalk Tire... 6 6%
Norw Phar 60— 6 13%
OHIO OIL la— 45 38
Oliver Corp Vie. 25 31%
Omnibus Corp 1 6 11%
Oppenhelm Col- 1 22%
Otis Elevator le 22 33%
tOutlet Co 4'/*e- 10 84%
Owens 111 G1 3 18 66
tPac Coast lpf5 10 67%
PAC GA8AEL 2 *• 35%
Pae Lighting S-. 7 52%
Pac Mills 3b 10 39%
♦Pac Tel&Tel le 130 99%
Bet
tow. 8:30. ehge.
63% 84% + %
17% 17%
24% 24%+ %
27% 28% - %
22% 22%
14% 15
23 23%
25% 25% - %
105% 105% +1
13 13%+ %
43% 43% - %
15% 15%
40% 40% - %
17% 18%+ %
26% 26% - %
28 28 + %
8% 8% + %
i0% 11%+ %
28% 29
24% 25 +1%
9% 9%
43*+ 43%
8% a%+ %
12% 13%+ %
12% 12%+ %
28 28% - %
19% 20 - %
20% 21
18% 19% I %
1%* 1% - Vi*
84 94 +1
36% 37%+ %
142% 142% +2%
6% 6%
23% 23% - %
*% *% + %»
97% 97% —1%
24 24%+ %
22 22% -3
27% 27%+ %
13% 13%
10% 10%+ %
17% 17% - %
18% 16% - %
34% 34% - %
92% 92%-1%
11% 11% - %
59 59% - %
24% 25%+ %
29% 30% +1%
41% 42% - %
16% 17%+ %
65 66% - %
19% 19% - %
10% 10% - %
30% 30%
18% 18% + %
24% 24%+ %
33 33 +1%
58% 59 + %
12 12%+ %
16 16%
33 33%
25% 26*++ %
15% 16%+ %
25% 26 + %
6% 6% + %
13 13*++ %
37% 37% - %
31 31% - %
11% 11% - %
22% 22%+ %
33 33% + %
84% 84%
63% 64%+1%
67% 67%-3
34% 35% + %
51% 52%+ %
39 39%+ %
99 99 + %
rac unions *■'
Pic West Oil He 6
Packard M .15e 550
Pin AmAlrw V»f 1S9
Pint) 1PL3 — 6
tPinh EPL pf 4 00
PinhP*R.15i 24
Paraffine C ,80b 4
Pirim Plct 2 . 120
Pirk Utah .10*. 36
Park! Dav .70e . 20
Pinn Tram .80 29
Patino Mln^e. 14
Penlek At F .40e 8
Penney IJC) 2a 17
Penn-DxCem Vat 6
Penn PAtL 1.20- 17
Penn R R Vie ... 25
Pepsi-Cola 70a 50
Petrol Corn 80s 9
PfelfferBrw ,70e 4
Pfizer CAtCo 2a 9
Phelps Dodge 2e IS
tphll C 67* pi 3 120
Phlla Elec 1.20 3
PhllAtRdg CAtl 2 6
PhilcoCorp 2... 3
Philip Mor lHa 10
Phillips Petrol 8 12
PIttCokACh 60c 5
tPltts CAC pf 5- 10
Pitt Con Coal 2_ 3
Pitt Fora He _ 5
PittPlateGls He 12
Pitt Screw ,15e_ 9
Pitts Steel - 4
tPittS pr pf 5>,i 10
Pitts At West Va 4
Pittston Co 2 ... 14
Plym Oil 1.60 ... 27
Poor A Co B la 10
Pot Elec Pwr 90 28
Pressed Stl Car 211
Proct At Gam .'la 14
PubSvcCol 2.20 8
Pub SNJ 1.40 16
PubSvEAtG pfwl 9
Publicker Hf_30
Pullman He_ 20
Pure Oil la - 133
PurityBak 2.40a 9
RADIO CRP.30S 229
Radio-El Or .30e 65
Rayonler Inc Vie 12
Rayonler pf 2.- 6
Reading Co 1... 6
Reeves Bros 1.. 58
Rem Rand lb.. 38
Reo Motors 2Ha 8
Ren Aviation 43
Republic Picture 41
Repub Steel la . 80
RevereC At Bl. 48
Rexall Drug . 205
Reyn Metals He 23
Reynolds Spring 11
Reyn Tob B .90s 28
Sbeen Mfgl 80. 7
Richfield Oil 2 . 47
Roan A Cop .33e 31
Rob-Fulton .60 41
Royal Type 1.60 7
SAFEWAY ST 1 10
St Jos Lead lHe 1®
St L San Fran . 68
St L San F pf 5 29
St Regis Pap 60143
Savage Arms He 13
SchenleyDlstil 2 145
Scott Paper 2.20 7
Seab Air Line 54
Sears Rorbck 1 a 97
SergerRefr 40e 10
Scrvei Inr 30g 1
ShamrockO 1 60 9
3haron Steel 2 8
Sharp At Doh 1 6
ShellUnOtl 2Hg 56
Silver King Col. 36
Simmons Co la. 32
Sinclair Oil la. 214
Skelly Oil 2Hi. 3
Smith AO Uh_. 43
Socony-Vac 1 . 194
So Am Gold He. 134
So Caro FAtG H 19
S Car El At G wt «0
S Car El At G rt 92
S C El At G pf rt 122
SeastGreyL 1.80 31
J't T v*
5874 57?* 58
5H 274 544 + *4
10'* 9H 1074 + Va
58V4 571/4 5744- 44
100 100 100 +17*
9‘/4 974 91/4+ 74
2674 26 26 + >4
25 2444 2444 + %
3 H 3i/4 31/4+ H
3 1 3044 3044+ ‘/4
10 9'/4 944+ 'A
1244 12 1244- 44
31>/4 31 3H/4- >/4
4644 46H 46H
1844 1844 1844 - 44
19H 191/4 191/4 - Va
21 2044 204a — 44
18 1744 1744- 44
1444 141/4 141/4
1944 1944 19?*- V4
637* 62 62 -44
571/4 5644 5744+ 44
541/4 541/4 541/4+ 44
2344 231.4 2444+ 1,4
1844 181/4 1844- V,
3644 36 3644+ >/S
2874 2844 2874+ 7*
73 7174 72 -Wt
1374 13V4 1H/4- ‘/a
88>/4 881/4 881/4 +2
31H 31 3174- H
201/4 20 20V4- 1/4
3674 3674 3674+ >/4
974 9*4 944 - V4
1774 1 7H 171/4 - 74
80 80 80 -1
24*4 2374 241/a + 14
411/a 41 411/4- H
65'4 631,4 641/4+11/4
1574 15‘/4 1574 + 7*
131/4 1374 131/4
ll'/4 107* 1H/4+ 74
6774 671/4 6774- ‘/4
387* 38»/4 387*+ 74
24H 2374 2374- ‘/4
3C 2974 2974- 1/4
26 251.4 26 + 74
491/4 461/4 49 -l
3674 3574 36>/4 + 7*
3074 297* 307*+ >/4
13 12H 13+74
1074 10>4 107* + 74
3174 317* 317*- 74
35 341/4 3474
2274 221/4 2 274 - 74
171/4 16‘/4 17 + »/,
15 1 474 1474+ Vi
251/4 25 251/4- 7i
127* 1174 1274+ M
474 4i/4 47* + 71
2974 29‘* 297*
2074 2074 201/4- M
774 71/4 774 - 7i
2974 28>/4 2974+ 71
107* lOH 107*- M
3974 3974 3974 - 7i
24 231/4 2374 — 7i
24% 23 24% - M
67* 6% 6%+ M
97* 9% 974
22>4 2174 22>* + M
207* 201* 201/4+ 7*
5974 587* 5974+1
13 1274 1 274
48 47i/4 477*+ >/4
12% 1174 12 - %
13 12 12 - %
33 3274 33 + 74
50 491* 491/4 + %
22*4 217* 22'. + 74
4174 41>* 417,
1174 11*4 ll'a- 7*
13 12? a 13+74
34',* 33>/4 33‘/4 - %
39 381* 387* - 7*
26 257* 26 - 7*
421* 411* 421*+1%
7 67* 6H+ %
357* 347* 3574 - 74
241/4 237* 24?*- 74
145 145 145 -274
33V* 31 32‘*+1V*
1974 19% 1974+ 74
5 474 474+ V*
7*/4 7 7 - i*
674 67* 67*- %
7*i 7*» 7*1 — 74*
74* 7*j 7*4 —,74a
1574 15 15% - %
Sou Cal EdlS 1 74 13 Z9'4 2974 Z9V*- V*
Southern Pae 4 126 597* 507* 597*+1
Southern Rwy • 36 47 45V* 467* — V*
6 20 1974 20 +74
16 6 574 5?*- V*
11 29 20V* 2074- V*
Sperry Cm 17*0 29 2974 29 2974+ W
Spiegel Ine .. 02 1374 13V* 137* + 74
21 2374 23
3paldina la
Sparka-W .20e.
Spencer KtU 2 -
Square D Tie
2374+ V*
Squibb ft Bona 1 12 247* 2374 2474 + 7*
2774
+ V*
34 277* 27
43 2 7 2674 27
2 96 96 96
4 10774 10674 10674 - 74
Std Oil Calif 2e. 44 7174 7074 7074 - 74
Std Oil Ind 2a . 93 40 477* 4774+ 74
Stagd Brandi 2
Std CJa&El S4pf
Std GliEl SS pr
Std OftES7pr nl
Std Oil N Jer lb 59 01 00 0074- 74
Sd OllOhlo 174
Std 8tl Spra >4*
SterchlBr St la.
Sterllne Dru* 2.
SteTena J P 2a
3674 - 74
+ 74
26 3174 3074 JOS* - 74
15 14H 137* 147*
1 1474 14*4 14*4+ >4
20 367* 36
17 34 337* 34
Stewart-WarH* 17 1574 157* 1574
Stoic-V Camn 1 19 17*4 177* 177* - 7*
16 157* 147* 1474- V*
72 277* 26** 277* - 74
20 1074 107* 1074
0 617* 61 617* + >4
93 147* 147* 14>4- *4
0 3074 30*4 3074+ ‘4
20 1174 11 11*4 + >4
4 25 <2474 2474 - >4
2 220 216 210
14 1974 19*4 19'4
1 417* 41*4 41*4 + 7*
15 347* 337* 34
25 167* 16'* 167* + '4
24 2J»* 24
67* 674
5'4 ■ 5*4
Stone ft Web It
Studebaker '**_
Sun Cbem .00
Sun Oil lb
Sunray Oil .80
Sunshine Blac 8
Sunshine M .60
Superheater la.
Sup O') Ca: la -
Superior Stl la.
Sutherld Pap 2a
IwlftftCe 1 00a
Iwlft Inti .40* .
lylran Klee 1 40
lymlna-Oonld — 16
relautotraph
TENR CORP.85*
Texal Co 0
674
5»4 + 7*
7
4 107* 1074 107*
63 63*4 6274 63*4 + 74
exOnlfPro .38* 39 237* 227* 23*4+ 74
>1 Oulf Sul 2a 4 61*4 60*4 607* - *4
exPaeCAOla 77 5074 497* 5074+ >4
'exPaeLT 70* 20 4574 447* 4574 + 7*
>x ft Pae Rr 4 2 62 62 62
>xtron la_27 17»4 177* 1774 - 74
'extron pf 1V« 5 217* 217* 217*+ 74
Thatcher Ol 60 0 11*4 11 11 - W
Thtcher pf2 40 20 41*4 4174 4174+174
Thermoid 7*f 76 10*4 10 10*4
•homaa Stl 1 00 O 22 217* 217*- 7*
'hom Prod l*,e 6 SOW 57 SOW - 7*
Thomp Pr of 4 20 95 95 95 +37*
Thompaon-Star. 13 4 374 4 + 74
Thom-Starr pi 1 27 27 27 -l
Tide W Oil 1.20* 64 29 20*4 29 + 74
Tide Wat 01374 270 103 103 103 +1
Timken Axle 7** 65 227* 22*4 2274 + W
Tlmk Bear 1 Tie 11 54 5374 5374- 74
'maamertca Wa 19 13*4 13 1374 - 74
TranaftWAtx 11 19*4 1974 197*
Tri-Con Cp 7*f 227 low 10 1074- 74
Trl-ConU pf 0 30 102 10174 102 +1
Truax-Tra 1.20 22 167* 16*4 1674+ 74
30 24 2314 24
2 7W 774 774- 74
16 1274 12W 12*4- 74
4 1074 104* 1074
4 507* 5774 5074+ *4
0 14*!* 1474 1474- *4
16 367* 36W 367*+ 74
Jn Carbide n*,h223 4174 40*4 4174
On El Uo of 47* 40 10074 100*4 10074 +1
In Oil Cal .70* 44 3074 30 307* - 74
Inlon Pae 8* 4 100 107 100 —1
■went C-Pox t.
■win City R Tr.
■wln Coach_
IDTLITE 1
Inderwood l*4e
InAsb ft R 70a
Inlon Baa !a
InTankCar 2 80 2
rnlt Air Line* 66
rnit AlrLpf 47* 2
30*4 30 30 - >4
10*4 177* 10*4+ W
00 00
+ 1*4
ItdAtrcraftlWalls 2*a* 20*4 29W+ 7*
rnit Biaeult la 9 217* 2074 2074 - 7*
137* 13*4 13*4- 7*
47* 47*
37* 37*
46 46
0 0
It BoardftC Tie 6
Inlt Clear Whal 60
Inlted Caro 400
Inlt Corn of 3 3
Inlted Dye wood 3
474 - 7*
37*+ 74
Most Stocks Lower;
Pace Slows After
Early Liquidation
By th« Associated Pross
NEW YORK. May 17.—Last week’s
bull stock market took a breathing
spell today and many trading issues
sold lower.
The retreat was far from de
cisive. A good handful of stocks
managed to inch ahead or move
back and forth from the minus
to the plus column. The price
trend was foggy, to say the least.
A burst of activity followed im
mediately after the opening of the
market and for a short time the
ticker dropped one minute behind
floor transactions. Turnover for the
first hour totaled 690.000 shares,
compared with 1,200,000 In Satur
day’s dizzy first hour. Business
slacked further later.
Losers in early afternoon dealings
included United States Steel, Chrys
ler, Studebaker. Sear Roebuck,
Oliver Corp., Douglas Aircraft, West
inghouse Electric, Consolidated Nat
ural Gas, Santa Pe, Union Pacific,
Sinclair Oil. Standard Oil of New
Jersey, Eastman Kodak and Eastern
Airlines.
Marker up a trifle were United
States Rubber, J. I. Case, Interna
tional Harvester, Lockheed, Ameri
can Telephone, American Can, Allied
Chemical, Owens-Illinois. American
Woolen, Chesapeake & Ohio, Para
mount and United Airlines. *
Higher in the curb were Colonial
Airlines, International Petroleum,
and Kaiser-Frazer. Lower were
Aluminum Ltd., Pantepec Oil, and
Electric Bond and Share.
Washington Exchange
SALES.
Ots com—100
at 38. SO
Washington
at 38.
Potomac Elec Pow com—38 at 13%, 80
at 13V 330 at 13*..
Oarfinckel com—100 at 18%, 30 at 18%.
40 at 18%.
Meraenthaler Linotype—5o at 61.
Potomac Elec Pow com—inn at 13V 30
at 13*., 500 at 13%, 100 at 13%, 15
at 13%.
Lanston Monotype—50 at 33 %, 70 at
33%. 5 at 33%. 136 at 33%.
Potomac Elec Pow *3.60 pfd "B”—10 at
45.
Washington Gas com—50 at 35%, 40 at
35%, 10 at 35%.
PUBLIC UTILITY
BONOS.
Bid
113%
107
90
100
Am TftT cv deb 3%s 1957
Am T&T cv db 2%s 1961
Cap Trans 1st ref 4a 1964
City At Suburban 6s 1948
Georgetown Gas 1st 8s 1961 111
Pot Elec Pow 3%s 1908 104%
Pot Elec Pow 3%s 1977 108
Pot Elec Pow 3s 1983 _ 101%
Washington Gas 8s 1960_120%
PUBLIC UTILITY
Amer Tel ft Tel _158%
Capital Transit
Asked
114%
107%
92
118
16%
N & W Steamboat <t4) 150
18
Pot Elec Pow com (.90)
Pepco 3.60*3. pfd ••A” (1.80)
Pepco 3.60% pf "B” (1.80)
Wash Gas Lt com (1.80)
Wash Gas Lt cu pf (4.35). _ _
Wash Gas Lt cu cv pf (4.50) 103
BANK AND TRUST COMPANIES.
13%
43%
44
35%
100
13%
44%
45
26%
101
Amer Sec ft Tr new (tl.no) 30
Bank of Bethesda (tl.60).. 4(7
Capital (.90) _ 32
Com ft Savings (tlO)_880
31
88
430
30
38%
318
195
330
Liberty (8)_
Lincoln (tj)
Natl Sav Tr (8.00) .
Pr Georges B ft Tr (+1.00)
Union Trust Co ( + 1.00)_
Riggs (12) _
Washington (6) _ _
Wash Loan ft Tr (12).
FIRE AND TITLE INSURANCE
American (t6) _160
Columbia (t.30) _ 12%
Firemen s (1.40) _ 31
National Union (.75)_ 15
Real Estate ( + 6) _ 196
MISCELLANEOUS.
Carpel Corp (2.00) 30
Garflnckel com (1.50) 18%
Garfl 5%rr cu cv pf (1.375) 24'
Garfi 4%<‘/7 cu cv pf (1.125)
450
40
836
13%
19
205
35
19
Hecht Co (1.60)
Hitch t 3%% c
20%
X cu of (3.75) —
Lanston Mono (2.00) _
Mergenthaler Lino (a.75)
Nat’l Mtg ft Inv pf (p.45)
Peoples Drug com (+1.60)_
88
•33
60
7%
36%
2) %
26
91
24
83
Security Storage (+5) _113
Ter Ref ft Wh Corp (3)
37
125
Wdwd ft Loth com <t2.00;
Wdwd ft Loth pfd new
• Ex dividend.
(5)
87
extra, or _«rtra
p Paid 194
60
36
. _ ... 104%
b Books closed, t Plug
a Paid ao far this war.
New York Cotton
NEW YORK. May 17 (48.—Cotton
futures declined todav on profit taking,
with some switching from July to later
months because of slowness in the de
velopment of export business. Some trade
buying in the December position took
place, associated pertly with export sales
of new crop cotton.
Selling was influenced by reports of
rains In Texas and Oklahoma over the
week-end where lt was needed.
Noon prices were 35 cents to *1.45 a
bale lower than the previous cloae. July
37.45, Oct. 33.98 and Dec. 33.38.
6
8
32
4
56
51
7
297k
43*4
58 Vi
22V*
197k
31V*
24* *
Sales—
Stock and Add
Dividend Rate. 00. High,
tut Dye pf 3*/,k 30 80
Utd Elec Coal 1
UtEng&Fdv 1' *e
United Fruit 2a
UtdQasImp 1.30
{ Unit M A M la
! US&FSec 1 35a
■ U S Freight la
j U 8 Gypsum 3 .
1 US Hoff Mch *ig
: US IndClim 1 Vie
U 8 Leather 7k*
U S Lines 2V» .
US Lines pf .45
US Ploe&F 2.80.
U 8 Flay Cd 2a.
U 8 Plywood la
U S Rubber 3e
US Sm RAM 1*
U 8 Steel 2 Tie—124
US Steel pf 7_
0 8 Tobac 1.20.
Utd Stkyds 40c
Ut Strs2d pf Tie
Utd Wallpap 7kg
Unlv-Cyclops 1.
Untv Lab
Unlv Leaf Tob 1.
Univ Pictures 1
VAN NORM Tie
Van Raalte lh .
Vanad Corp Tie.
Vert-C Sugar 2.
Vick Chem 1.20.
tVicksSh&Pac 5
VictorChem .40*
Va CarolinChem
Net
2:30. chge.
80 4-2
2374 + *4
43*4 + 74
57>/i- 5k
2274
197k + 7k
3174 — *4
237* -
Low.
79
2374
43
57*4
22*4
19*4
307*
237*
17 105*4 1037* 105*4 +1*4
8 1774 167* 167*- >4
397* 397*
7*4 7
20*4 2C
9*4 9*4
50*4 49*4
53*4 53*4
337k 33*4
4974 48*4
56*4 56
8074 79*74
2 139*4 139
16 , 19 187k
2 574 57*
11 12 117k
15 574 574
2 187k 18*4
7*4 67*
2074 2074
14*4 14
15*4 15
26 26
22 21*4
1374 1374
2574 23
93 93
44 437fc
12*4 1174
1
11
34
1
4
1
13
39
10
23
2
8
6
1
8
17
13
10
2
16
3974+ *4
7*4 - ‘4
2074 + 74
8*4+7*
50*4 + 74
53*4 +1*4
33*4- ‘/a
49*4 + 74
56 - 74
80*4- Vk
139 -1
1874
57*
12+7*
5*4
1874- >4
7
2074 + 7*
14*4
1574
26 +1
2174- 7*
13*4
25*4+ 74
93 +1
tVa ElAPw 1 -10 20718 18*4 1774
Vlaklng Corp 2 12 38*4 38*4
70
1
2
3
16
23
4
tVulcinDet 30e
WABASH pf 4Va
Waldorf la
Walgreen 1.60 .
Walker Hir 174a
Walworth Co >**
Ward Bak ,30e
tWard Bk pf5*/» 240
Warner Bro 174 71
Warren Fndry .
Warren Pet 80
Wash GasLt 1*4
Waukesha Mot 1
WayneKnitl.'lOe
Wayne Pump 2.
Webster Tobac
Wesson OAS le
'Wesson Oil Pf4 210
WstlndSugl Tia 8
West Pen El V'«e
*Ws Penn El A 7
W Va CAC .70* .
WVa PuloAP la
WesternAlr Line 39
32
63
15*4
3274
26*4
1174
1474
90
1374
31
3414
26
1974
18*4
2774
6
51*4
83*4
24*4
38 1874
10 110
a is
7 48*4
3
42
2
2
4
4
8
5
74
‘4
7
8
11
34
56
79
9*4
43*4
14
33*4
2574
3874
317k
1174- >4
18 - >4
38*4 + >4
32+74
63+74
15*4+ 7k
3274
26*4+ >4
1174 - 7k
1474
90 +4
1374 + ‘4
31 -
34*4
26
1974
18*4
2774 + 74
574 - *4
51 -1
82*4 - *4
24*4- *4
18*4- ‘4
110 110 +1
1774 18 + *4
48 48 - 74
874 9*4+ 74
4274 4274- 74
137* 14 + *4
33 3374 + 74
24*4 257*+ >4
37*4 3774- 74
31 3174 — 7k
3174
63
15*4
327*
2574
11*4
147*
8674
137*
31
33*4
26
1974
18*4
27*4
5*4
5074
82*4
24*4
18*4
48*4+ *4
2374 - 74
17*4- >4
1674 - 7*
10*4
6474- *4
1674
16*4+ *4
1674- *4
33 -1
WestAutoSup 8
Western Ud . .
West Md 2nd pf.
West Un Tel le.
West Air Brk2.
Westinc Elec 1
W stngElpfBS 80
Westvaco 1.40—
Wheel Steel 2—
white Motor la
White Sewing M
Wilcox Oil .40a.
Wlllys-Overland
Wlllys Ov pf 47*
WllsonACo 17k*
Wllson-JoneiTk*
Wise Elec Pwr 1
Woodward Ir 2.
Wooiwortb 2a
Worth Pump 7«b 31 2374
Wrigley W Jr 3a 1 6574
WrandWor 40a
VALE ii TN Tie.
york Corn 7* -
Tort Cp pf *74
YoungBpr&W 1
Young 8bAT da
meatstlDoor la
ZENITH R 174*.
Zonlta Prod .10*
■early Sales aa tha Eaehaac* Today:
11:00 an. 890 000 12:00 noon 1270 000
1:00a.m. 1750 000 2:u0 o.m. 2 090 000
♦ Unit of trading. 10 shares. *In bank
ruptcy or receivership, or being reorganized
under the Bankruptcy Act. or securities
assumed by such companies. Rates of
dividends In the foregoing table are annual
disbursements based on the last Quarterly
or semi-annual declaration. Unless other
wise noted, special or extra dividends are
not Included, x Ex dividend xr Ex rights,
a Also extra or extras, b Plus stock divi
dend. d Cash or stock, e Declared or paid
so far this year, f Payable In stock, esti
mated 1 ash value on ex dividend date,
g Paid last year, b Declared or paid after
stock dividend or stock spUt-up k Accum
ulated dividends paid or declared this year,
s Payable in stock, exaet eash value unde
termined on declaration date.
2 100*4 100*4 100*4
2 42*4 42*4 42*4 + 74
4 48*4 48
9 2374 23*4
5 1774 17*4
10 1674 16*4
92 1074 10*4
2 647* 64
*5 1*7* 16*4
7 16*4 16*4
5 17 167*
5 33 33
21 4774 47
2474
6574
* 1074 10*4
12 31*4 31*4
2* 147* 13*4
2 44*4 447*
1 20*4 207*
28 81*4 807*
8 19 1874
13 2774 2674
*3 6*4 *
4774 +
25 -
6574 +
10*4
317* +
14 +
4474+1
2074- 7*
81*4- 74
1874 - 7*
2 774 + 74
6*4+7*
N. Y. Bond Market
iiuctid un or inoh.
rra.)
2%a 80-66-.. 108 2>
WORLD BANE
WtBRAD 3*72 88 30
lntBR&D2¥«67 88 30
new tore crrr
3s 80 105%
FOREIGN 2:10
Akershus 4* 68 85%
Australia Si 65 88%
Be Ilium 6%s49 100
Briz 9%i 14 ler 80%
Brlibine 6s 68 88
ChUe 7s 42 asd 29
Denmark 8s 42 82%
ItalCCnt l-3s77 17
Norway 4V«a 68 71%
Peru lit 6i CO 19%
Rio de J 0%s53 32
Rome 6> ia 52 . _ 29%
DOMESTIC 2 NO
Allis Chalm2s56 88%
Am&P P 6s2030 80%
Am T&T 24<so7 114%
Am TdtT 2**581 107%
Am T&T 2*is88 82%
AmTobacco3s82 102%
AtlCoastL4%s64102
BaltAOh 6s75B 87
BaltAOb 6sG95 87%
BdtO ey 4H2010 93%
BAOPLE4S80 88%
BAeOSouDlv 5s80 77%
Boat Me 4%a 70 98%
BufRoeh&P67it 89%
Can Nat 4%s61 107%
Celanese 3s SS 102%
Cent Oa 5%s 69 8%
Cent Oa 6a 58C 8%
Cn RR NJ 68 87 80%
CdtO 3VaS 06 E 104%
CB&Q21.S70 87%
ChitE I Inc 97 43%
Chi at WS 4s 88 89
Child: L41:2003 48
ChidiL Inc4s83 81%
CMStP4t*s2044 97
CRIPln4%s2019 85%
C R I & P 4s 94 108%
Chl&W I 4a 62 109
Cons Ed 2*<s 82 87%
Del LdSW4s2042 83%
DdsRGW 3-4s93 88%
DARin 4’/:2018 81%
Dul SSdtA 6S 87 47%
Erie 41is 2015 71%'
O MAO 2044 a <3
H»ckWit£*is76 96
Hud Coal 6s 62a 93V*
Hud&M rf 5s 57 64Vi
HudAMln6*67 JW
t C 4V*a 66 — 67V*
ICC StL 6s 63 A 97
IntOtNor 6a 62 27V*
IntHydroE16«44 61
LacledeGs4’/j63 109V*
Leh Val 4s 2003 35*4
Lons Is! it 4*49 101V*
MSPSSM 45 91 32V*
U-K-T 6s 62 A 79V*
M-K-T 4 Vis 78 66
M-K-T 1st 4s90 77V*
Mo Pae 6' aS 41) 25V*
Mo Pac 5s 77 P 62V*
Mo Pac 6s 81 I 62Vi
Mo Pac an 4s 76 36V*
MorAE3Vis2000 60V*
N O T M 5a 64 92V*
NYC rf 6s 2013 63
NYC 4Vis2013A 7:>V*
N Y C eon 4s 98 69V*
NYCA8L3 *4*80 96V*
NYNHlne4Vi*-2S 41V*
NYNHH 4*2007 69>/<
N Y O W a 4s 55 9
NYWB 4 Vis 46 19
NorflkSo 6*2014 71
Nor Pae 3s 2047 67V*
Pae TAT 3Vis78104V*
PacTAT 3V,s87 102V*
Pen*CtAir3VaSflO 42
PennRRa4V4»81102V*
PennRR 3V!ia52 100V*
PhUa El 2Vis 67 101V*
StLSP 4V*s2022 96V*
StLSanPrn4s97 87V*
sa SW it 6s 90 101V*
Seab In4'/3S2018 70V*
8oPaeiflc4V*s81 93V*
Sou Pae 4V*s 69 94U
So Pac 2%s 86 88V*
So R» *D 4s 56 94V*
StdOilNJ23is71 95V*
Texas Corp 3S65109V*
Third Are 6s 60 61V*
VaElAPw3Vas63llO
West Md 4a 52 100>/i
West On 5s 51 97V*
West Un 5s 60 93*/*
West On 4-Vis 50 995*
Wise Cent 4s 49 74V*
Wls Cn 4s 3680 40
N. Y. Curb Market
LIST INCLUDES ONLY SELECTED ISSUES
CHANGED FBOM PREVIOUS CLOSE.
Z MU
Aero Supply_ 3
Aireon Mfg Co . 1V4
Alaska Airlines, 4V4
Alum Ltd 2 -- 30
Alum Co Am 2 . 07
Am Bantam Car 14i
Am Gas & El lb 38V
Am Gen 06e 3
AmLight&T.56e 18V4
Am Maracaibo 444
Am Superpower. 1V4
Anch Post Pr V4. 7V4
ArkNGas A .20t 8Vt
Ashland Oil l._ 184t
Atl Coast Fish., 344
Atlas Corp w w_ 7
Barium Steel . 6VS
Basic Refrct .40 7V4
Blue Rldae 40g 4
Bras Tr LAcP 2,. IBM
Breeae Corp. 1044
BrwnF Dlst .80a 2444
Brown Rub 45e 1144
Bnk Hill & S Via 22V4
Burma Ltd_ 1
Burry Biscuit - -. 344
Cab El Prod ,10e *
Calif El Pwr .60 8
Calllte Tung_ 4
Can Marconi _ 2M
Carr Cons Blsc. 444
Catalln Am . 7W
CenAcS W Cp 70 10V4
Cessna Aire 20g 5V4
Chief Cons Mm. 1V4
Cities Service 2. 58*4
ClarostatMfg_ 2V4
Claude Neon __ 2h
Colonial Airline. 8
ColSand&St .40 7
Col FuelAcIr ww 3V4
Colts Mfx 13<( 3S>/«
Com’dore Hotel. 3V4
Coml Ac Sou war Vi
Cont FdyAcM 1 13
CopperRange'Ui 13Vi
Croft Brew _ 144
Crown Cent Pet 7V4
CrownDrug .05e 344
Dennison A .40e 11V4
East OasAcFuel Wi
El Bond&Sh Vtt 1444
Eauity Corp . . 244
Eureka C Ltd 144
Fairchild E Ac A S44
FansteelMetVig. 1444
FordMFran 02g 144
GenPlywood .40 8V4
aoianeid con«.
Hazeltine 74*... 15
Hecla Min 1 127*
Holl C Gold .?4 8
Imp Oil Ltd Vi.. 167*
Int Petrol V* - . . 12V*
IntSafet.v Ret B 17*
Kalser-Frazer . 11V*
Kingston Pr .20 474
LakeShoreM .72 1074
Lamson Corn 1( 97*
Lanston Mon 2 24
Leonard Oil Dee 7*
Long Island Lt*. 7*
Mesabl Iron-57*
MdSPAvtcl.20e 2674
Mid West Crp 61 974
Mining Cp Can. TV*
Nat Bellas .20*. 37*
Nat Fuel 0.80. 12
Nat Union Rad . 27*
New Mex £ Arig 9
Niagara Hud Pr 97*
No Am Lt £ Pwr 77*
NortbropAlr l«* UV*
Pantepec 1.28.. 17
Pennroad .40*.. 87*
Pep Bovs _ 474
Pepperell 3a 84
PharlsT£R .15e 474
Pioneer Gold 274
Pltney-Bow .60* 1274
Pitt Metallu .80 157*
R-K-O opt war. 3
Ravtbeon MI* . 874
Richmond Rad. 4>4
RotaryElStl 74*. 3574
Ryan Aero .10* 57*
SaltDomeO 17*f 107*
Schulte (D A)_ 3V4
Segal Lock_ 2>4
Select Indus ... 474
Solar Alrc .16*. 1374
Sosa Mf* 1 _ 97*
Std OllKy 1.40a 2874
Std Power &Lt. 274
Stand Products 8»A
Technicolor Vie. 157*
Trl-Contl w w . 4
United Corn ww
Ut Lt£Rys 32e 22
U S Foil B .90e. 1674
U S Int Sec 47*
Ut-IdahoSu.l5e 374
Waltham Watch 5
Wickes Crp .IS* 107*
Wilson Bro 30* TV*
WolwthUd.369* 8>/«
Wright Harg .16 277*
Chicago Livestock
CHICAGO. May 17 MY—(U8DA)—Sal
able hogs IS, 00(1: total. 15,600: active
and unevenly: 1,00-1.60 higher than Fri
day; most advance on weights over 240
Dounds: top 2" .50; bulk good and choice.
170-200 pounds. 21.50-22.25; 240-260
pounds. 20.50-21.75; 270-290 pounds.
19.50-20.75; 300-350 pounds, 19.00-19.50:
around 400 pound weights 17.25-17.So:
most good .350-000 pound SOWS, 15.no
16.50; complete early clearance.
Salable cattle—10.000, total. 10,000:
salable calves. 800: total. 800: all grades
fed steers and yearlings 60 to 1.00 higher;
middle and lower grades showed most
advance: too 50 higher than last week at
34.00 paid for five loads with weight; most
steers and yearlings, 31.50-33.60; little
under 31.00: Heifers shared steer upturn:
choice 1,050 pound Colorado-fed heifers
reached 33.25: most good and choice
heifers. 31.60-32.50: cows, 25 higher;
cutters, 20.00 down: beef cows. 20.60
24.50: bulls, strong; sausage offerings to
25.25; vealers firm at 31.00 down.
Salable sheep—1.600; total, 3.000;
active: slaughter classes strong: spots
around SO higher; three decks good and
choice 85 pound fed wooled lambs carrying
medium end. 28.50; load medium and good
wooled lambs. 27.26. sorted moderately:
load good 81 pound shorn lambs with
mostly No. 2 pelts. 26.000: few small lots
good and choice shorn lambs with No. 2
pelts. 27.50-28.00; package good and
choice 126 pound wooled ewes. 14.00; short
deck good and choice 134 pound shorn
ewes also 14 00.
Chicago Grain
CH1CAOO. May 17 MY—8mal! losses
were recorded by most grains on the
board of trade today. May contracts gava
up the most ground. Trading was fairly
heavy at times, but price changes were
mainly confined to fractions.
At noon wheat was l*a lower to ’4
higher May 3.4:1’.,: corn was ',-lta
lower. May. 2.27’,; oafs were 1 ■ -114 lower.
May 1.15'4 and soybeans were 4 to 5
higher. May 4.11.
Some of the weakness in com. particu
larly the May contract, was .based on
further easing of premiums paid for the
cash grain in relation to the May future.
In wheat, there appeared to be a good
deal of selling of May against purchases
of July, which was higher.
The commodity credit corp. was re
ported not bidding for wheat in store at
Kansas City today. However, the agency
was bidding 7 a bushel over the Chicago
May future priced at 2.4344 for wheat
delivered in May at Gulf of Mexico ports.
Buying of wheat by the CCC In the
southwest last week-end was large. The
Kansas City office took 1,819,333 bushels
on Friday when It offered to buy wheat in
store for the first time In about a week.
New York Produce
NEW YORK. May 17 MY—Egg Brices
were Irregular in the-wholesale market to
day Receipts for two days totaled 31.4ol
cases. Spot Quotations follow:
Midwestern, mixed colors—Fancy heavy
weights, 49-501: extra 1 large,
extra 2 large. 47: extrta 1 medium. 45',
4612; current receipts. 41’a-43Va; dirties,
41-42: checks. 38',a-39. ..
Whites—Fancy heavyweights. 50-51.
extra 1 large. 48I,i-49; extra 2 large, 47'*:
extra 1 medium, 47. .
Browns—Fancy heavyweights. 60-51.
extra 1 large/ 48*/*-49; extra 2 large. 4,;
extra 1 medium. 46V,.
Nearby—(These Quotations are based
on the bulk of the reported wholesale sales
to jobbers and large retailers and include
premiums.) Whites, fancy heavyweights.
62-54: mediums. 48-49: browns, fancy
heavyweights. 53-54: mediums 47.
Butter <2 day's receipts), 428,136; easy.
Wholesale prices on bulk cartons: Cream
ery. higher than 92 score and premium
marks <AA>. 78; 92 score (A'. <7: 90
score (Bt. 75; 89 score (Cl. la't. (New
tubs usually command cent a pound
Dver the bulk carton price.
Market Averages
STOCKS.
Net change.,,
roday noon-96.6
Prey, day_96.9
Week ago_92.8
Month ago-91.8
rear ago_8.1.4
1948 high_96.9
L948 low_83.3
30 15
Indat Balia.
—.3 —.5
44.7
45.2
42.7
40.7
27.9
45.2
34.2
16
Otil.
unc.
42.0
42.0
41.1
40.0
40 6
42.0
38 0
•0
Btka
70.
71.
68.
66.
58.
71.
60.
BONDS. 20
Rails.
Net change unc.
rod*y noon 92.3
10
Indat
10
Util.
Prev. day
Week ago.
Month ago
rear ago
1948 high
L948 low
92.3
91.4
90.4
89.8
92.3
8*~ “
(Compiled by
1
101.0
100.9
100.8
100.5
104.9
101.6 100.9
99.8 98.0
the Assocated
unc.
101.4
101.4
101.5
101.6
103.4
10 10 Low
Pgn. Yield
unc. unc.
61.9 110.2
61.9 110.2
61.4 109. H
103.7 1
115.9!
110.2
107.2
62.7
73.6
66.9
60.2
Preu.)
t
Foreign Exchange
www YORK. Mar 17 ijPi—Foreign ex
hange r»te« follow <Ore»t Britain In
ollars. others In cente): (
Canadian dollar in New Tor* open,
iarket, 7*4 per cent Account or #-./5
rnited State* cents, up */• °L%c,enl
Europe: Oreat Britain. $4-03 4. un
hanged; Prance (franc), .32 a of a
nchanged; Italy (lira). May Axed
>oi739- April. .001742; Sweden (krona).
7.85. unchanged; Switzerland (frenci|
commercial). 13.40. unchenaed
Latin America: Argentina free, -o
nchanged: Braill free. 5.o0, unchanged,
[exlco. 10,82. unchanged_ .
Revere Copper X- Brats, Inf
lected Forrest E. Richmond vice
resident and executive head of
ie Rome division.
Rockwell Mfg. Ce. acquired Red
tar Products, Inc., of Norwalk
thio, maker of radial arm saws used j
1 woodworking.
ABC Network Offers
Public 500,000 Shares
Of Common Stock
ly tht Auociotad Pihi
NEW YORK, May 17.—Public par
ticipation in ownership of the
American Broadcasting Co. was
opened up today for the first time
with the offering of 500.000 shares
of common stock at $9 a share.
The stock was offered by a group
of investment bankers headed by
Dillon, Read & Co.
Money from sale of the stock and
*5.000,000 in 4 per cent promissory
notes maturing in 1960 will be used
to refinance the radio network and
to help pay for its television con
struction program.
The new stock issue will bring the
total number of common shares to
I, 689,017. The existing shares are
privately held.
Bought By Noble in ’43.
The network originated in 1927 as
part of the National Broadcasting
Co. and was called the Blue Network
of NBC, which at the same time
operated what it called its Red Net
work.
However, the Federal Communica
tions Commission later adopted a
rule against single ownership of
more than one network, and the
Radio Corp. of America had to sell
the Blue Network in 1943. Edward
J. Noble, now board chairman of
ABC, bought the network and
changed its name.
Part of the funds raised by the
sale of stock and notes will be used
to pay off a *4,000,000 loan used in
buying the network from RCA. The
loan notes, bearing 2% per cent in
terest, are not due until October 14,
1949, but will be paid off in advance.
Funds realized in the refinancing
operation will include $807,500 from
the sale of Station .WOOD, Grand
Rapids, Mich.
uwns riw omiuuhb.
ABC owns and operates both
standard and frequency modulation
stations in New York, Chicago, Los
Angeles, Detroit and San Fran
cisco. It also furnishes programs to
252 affiliated stations.
The company has construction
permits for television stations in
each of these cities where it owns
radio stations, and also plans to ex
tend its limited East Coast televi
sion network operations on a Nation
wide basis.
The network has budgeted $5,
325,000 for television and has an
nounced that all five of its television
stations will be on the air by the
end of the year._
Roanoke Junior Chamber
Wins Convention Trophy
By th« Associated Pr»*i
OLD POINT, Va.. May 17.—Roa
noke's Junior Chamber of Commerce
was awarded the Giessenbier Trophy
for the outstanding Jaycee organi
zation in the State at the closing
session of the Virginia Jaycee con
vention here yesterday.
The Roanoke chapter won nine
of the 19 citations. Danville took
top honors in four of the classifica
tions, while the other awards were
split among the Peninsula and South
Boston, with two each, and Peters
burg and Williamsburg with one
each.
New officers, elected Saturday are
J. W. Pearsall, Richmond attorney,
president; five vice presidents, Wil
liam Battaile, Winchester, R. Gran
ger West, Newport News, C. Hall
Snellings, Portsmouth, Paul Jeffer
son, Roanoke, and Horace Hender
son, Williamsburg, with Talbot Sin
clair of Alexandria as treasurer.
Joseph H. Saunders, Alexandria
architect, retiring president, was
named Virginia director of the
United States Jaycees.
Howard Mitchell to Present:
Cello Recitals at 3 Schools
Howard Mitchell, first cellist and
associate conductor of the National
Symphony Orchestra, will give re
citals in three public schools this
week, the National Svmphony Or
chestra Association announced to
day.
At 11 a.m. tomorrow he will be
heard at Garnet-Pattcrson Junior
High School, Tenth and U streets
N.W. Wednesday he will play at
Young Elementary School, Benning
road and Twenty-fourth street
N.E., and Thursday at Oiddings
Elementary School, Third and O
streets S.E., also at 11 a.m.
Mr. Mitchell will be accompanied
by Sol Sax, symphony pianist.
Merger Is Announced
Of Minneapolis Papers
By the Associated Press
MINNEAPOLIS, May 17.—The
Minneapolis Star and Tribune Co.
today merged the Minneapolis
Times, a tabloid afternoon news
paper, with the afternoon Star and
the morning Tribune.
All have been published by the
Minneapolis Star and Tribune Co.
of which John Cowles is president.
The Times occupies a separate plant.
There are no other daily newspapers
in Minneapolis.
Rising costs were given as the i
reason for the merger.
The announcement said a ma-;
jority of the Times employes wdll
be offered jobs with the Star and
Tribune. The others will receive
liberal severance pay the manage- I
ment said.
Soft Coal Owners Map
Plans to Resist Lewis'
Pay, Pension Demands
ly th« AuoctaUd Fr««
Soft coal operators, huddling
over strategy for new contract
negotiations with John L. Lewis,
indicated today they will resist
any demands for higher pay or
bigger royalty payments to the
miners’ welfare fund.
The contract negotiations open
tomorrow.
Mr. Lewis and the United Mine
Workers’ 200-man Policy Committee
also gathered here in a planning
session. They were silent on their
plans.
The present contract expires June
30. However, the soft coal diggers
have a short vacation coming up
from June 26 to July 5, so the nego
tiators really have until July 5 to
get together on a new contract.
Producers Prepare Statement.
The producers worked over a
statement of their position at pre
liminary talks yesterday and con
ferences of all major groups today.
One thing considered is a proposal
to offer Mr. Lewis a one or two
year extension of his present con
tract—in effect, side-stepping a
showdown on the coal industry over
a “third-round" postwar pay in
crease.
Mr. Lewis' coal miners received a
wage increase of 18>- cents an hour
in 1946 and 15 cents last year. He
also bargained out additional pay
and welfare benefits. One benefit
was a payment of 10 cents "royaKy"
to a miners benefit fund for every
ton of coal mined.
Union district groups already have
suggested that Mr. Lewis seek a 40
cent tonnage royalty to finance pen
sions. Some also suggested a return
to the 35-hour work week without
loss of pay. The current agreement
calls for a 40-nour weeK. me Dase
dally pay is $13.05 the Bureau of
Labor Statistics says coal miners
lead all industrial workers with
average, weekly earnings of $75.78.
As a vacation payment, miners
now receive $100. They can work
and pocket the extra money, or lay
off and still get it. Some district
scale committees proposed an in
crease in the payment to $250.
* A fight over the bargaining cre
dentials of Joseph E. Moody, head
of the Southern Coal Producers As
sociation, is in prospect when the
negotiations begin. Mr. Lewis chal
lenged Mr. Moody’s right to nego
tiate for the Southern operators a
month ago, contending Mr. Moody
did not sign the last contract.
Mr. Lewis also may insist on a
new chairman for the negotiations.
Ezra Van Horn, Cleveland oper
ator, has held that post in the ne
gotiations for years. But as trustee
of the pension fund he has brought
legal action against Mr. Lewis and
they are not on the best of terms,
to put it one way.
Nine Teachers Are Chosen
By Charloifesviiie Board
Special Dispatch to The Star
CHARLOTTESVILLE, Va.. May
17—The City School Board has ap
poihted nine new teachers for the
1948-49 session, filling all but two or
three vacancies in the staff.
New teachers are Miss Mary
Gretchen Manning, of Lynn, Mass.;
Miss Betty W. Myers, Vienna, Va.;
Miss Jennie M. Roach, Martins
ville. Va.; Miss Dorothy K. Trout,
Richmond; and John H. Barnes,
Mrs. Evelyn Heltzel, Mrs. Margaret
P. Creasy, Miss Martha Rohr, and
Hamlet P. Bowler, all of Charlottes
ville.
The board appropriated $812.70 for
treating the art room in Lane High
School with accoustlcal tile. The
room will be made available as a
small auditorium.
Move Seen to Provide
Charlottesville Manager
Special Dispatch to The Star
CHARLOTTESVILLE, Va.. May
17— A recommendation to fill the
post of city manager of Charlottes
ville can be expected before June 1,
when Seth Burnley will resign to be
come manager of Staunton, Coun
cilman Fred L. Watson, chairman of
i committee seeking a successor to
Mr. Burnley, said.
Mr. Watson said his committee
has received about eight applica
tions, none from residents here. Re
liable reports are that Director of
Finance James E. Bowen U being
considered for the pcet.
Lynnbrook PTA to Meet
A discussion of the proposal to
elect Montgomery County School
Board members will be held at a
meeting of the Lynnbrook School
PTA at 8 p.m. Wednesday in the
school.
K. of C. Elects Lonegan
NORFOLK, Va., May 17 l^).—Ed
ward E. Lonegan of Lynchburg waa
■lected State deputy of the Vir
ginia Council, Knights of Colum
jus, yesterday. _
LOANS
ON
REAL ESTATE
Variant plant. Intladint lanc-tem
manthlr parmentt, at favarabla rata.
riRST DEED OF TRUST ONLY
RENTALS—SALES—OfSURANCB
GEORGE I. BORGER
•43 Indiana Aro. N.W.
Two Important Factors
To Consider When Buying
First Mortgage Investments
Fir*t—Security . . . Second—Return . . .
In the Fir»t Mortgage offered by the B. F. Saul Co.,
you are enured utmoat aecurity with fair return.
Theae aafe inveatmenta are aeeured on owner-occupied s
or income-producing propertiea in D. C., Maryland or
Virginia.
B. F. SAUL CO.
925 15th ST. N.W.NATIONAL 2100
Property Management—Loans—Insurance

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About Evening star. [volume] (Washington, D.C.) 1854-1972