Evening star. [volume] (Washington, D.C.) 1854-1972, June 28, 1948, Image 15

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Evening star. [volume], June 28, 1948, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 28 June 1948. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1948-06-28/ed-1/seq-15/>

Newspaper Page Text

Capital Bank Deposits
Show Little Change
From April 12 Call
By Edward C. Stone
Tn anticipation of a condition call
by the Controller of the Currency in
the near future It wag learned today
that deposits in Washington's 19
banks have changed but little since
the call dated April 12.
Bank officials said that deposits
have decreased at times in the last
three months and have come back
after each decline. They are said
to have fluctuated more than usual
in the second quarter. The midyear
total will not be far from the April
figures.
Deposits in the Capital's banks
and trust companies on April 12
amounted to *1,020,423.787. which
was a decrease of *3,201,249 from
December 31, 1947.
Liquidating Dividend Paid.
A liquidating dividend of *40 a
share on the common stock of the
American Co. was paid today, in
addition to a *80 payment made
some weeks ago. liie checks are
payable through the trust depart
ment of the Liberty National Bank.
The American Co.’s offices were
formerly at 807 Fifteenth street
N.W. Last November the stock
holders voted to liquidate the com
pany. The 5% preferred stock was
liquidated in February. The Liqui
dating Committee includes James
M. Johnston. Thornton W. Owen
and Leon Tobriner.
Possibility of another dividend on
the common is indicated. The stock
is sold over the counter, the bid
in The Sunday Star being *45 a
share. After deducting todays *40
payment, dealers believe at least
*5 more per share will be forth
coming.
Real Estate Very Active.
The Federal Home Loan Bank
Board has reported that real estate
financing in the Nation in April
remained at peak levels. In the
first four months of the year, the
total of *3,685.000.000 in estimated
financing represented an 8 per cent
gain over the same period.
In the four monhts. building and
loan associations made 30 per cent
of the loans, banks, 24 and individ
uals 18 per cent. Mutual savings
banks recently increased their total
loans notably.
.Sixteen representatives of the P. D.
Sleeper agency of the Aetna Life
Insurance Co. will attend a regional
meeting at the Greenbrier Hotel,
White Sulphur Springs,, July 7-10.
Among those aatending will be: J.
C. Adams, Elmer L. Ayres, Edmund
M. Crump, H. Cochran Fisher. Frank
L. Frith, Henry B. McGuire. Howard
Nordlinger, Burton E. Robinson,
Victor O. Schinnerer. Freeman N.
Stricklin, P. D. 81eeper. M. G. Beede
and J. H. Neill.
Atlantic Coaat Line Net L'p.
Net income of the Atlantic Coast
Line Railroad for May totaled
*571.419 against *3,029 in May, 1947.
Net income in the first five
months amounted to *6.359.649 in
comparison with *4,740,930 in the
like 1947 period.
Heard in Financial District.
Tire Virginia Bankers’ Association:
has pledged its aupport in the estab- j
lishing of a graduate school of com-;
nrerce and business administration i
at the University of Virginia.
Howard Moran, former vice presi
dent of the American Security &
Trust Co. has been a visitor in the
financial district.
j Business Briefs \
Rubber Consumption of American
plants In May totaled 87,826 tons vs.
85.281 in the preceding month and
81,710 In the same 1947 month—
Rubber Manufacturers’ Association.
Use of natural rubber was 52.424
Ions vs. 50.651 in April and 43,018 a
year earlier.
Bank Credit Trend In the first
four months of 1948 did not indicate
a serious inflationary threat—Na
tional Association of Manufacturers.
"It seems doubtful if there is any
convincing reason at this time for
additional controls,” the NAM re
ported.
Radios in Working Order are
owned by 94.2 per cent of all Ameri
can families—Broadcast Measure
ment Bureau. The number of radio
families was estimated at 37.623.000,
an increase of 3.8 per cent from a
year ago.
Permanente Metals Corp. offering
of 600,000 shares of capital stock
will be marketed this week, despite
the threat of litigation involving an
affiliate of Permanente, 4t was an
nounced by First Boston Corp. and
Dean Witter & Co. who head under
writers.
Deep Rock Oil Corp. has acquired
more than 75r; of the stock of Sloan
& Zook Co. for around $10,000,000
Sloan & Zook has pioneered in sec
ondary recovery of crude oil through
water flooding.
Texas Gas Transmission Corp.
stockholders approved an increase
In common stock to 3.000,000 shares
from 2.000.000 and authorized 100.000
shares of $100 par preferred stock. I
Mullins Mfg. Co. will spend $278,
800 this year to modernize its plants
St Warren and Salem, Ohio.
Nu-Enamel Corp. announced that
directors on June 25 decided not to
declare the common dividend usual
ly due at this time. The company
paid 15 cents April 20.
Outlet Co. declared a dividend of
11.25 a common share, payable
August 2. A like amount was paid
May 1.
Wesson dl A Snowdrift, Inc.,
earned $11,646,921 or $18.47 a com
mon share in nine months ended
May 31 vs. $10,945,655 or $17.27 a
year earlier.
United States Plywood Corp.
profit for 12 months ended April
$0 was $7,606,900 or $5.28 vs. $5.
189.300 or $3.71 in the previous year.
Atchison, Topeka & Santa Fe
System net income for five months
ended Mav 31 was $18,093,250 or
$6.39 vs. $15,594,233 or $5.36 in the
lame 1947 period.
New York Central System report
ed a deficit of $3,029,566 in five
months ended May 31 vs. net iijcome
of $1,696,805 or 26 cents a year ago.
Virginian Railway earned $2,
#69.347 or $1.10 in five months end
ed May 31 vs. $3,372,141 or $2.14 a
gear earlier.
Western Maryland Railway net
Income for five months ended May
81 was $2,104,043 vs. $2,133,886 in
the same 1947 period.
Electric Power & Light Corp. and
subsidiaries earned $9,240,588 in
three months ended February 29 vs.
$6,485,573 a year earlier.
Public Service Co. of Indiana had
Bet income of $2,707,865 in five
months ended May 31 vs. $2,617,838
In the same 1947 period.
General Electric Co. elected R. I.
Parker commercial vice president to
succeed W. O. Batchelder, who will
retire after 43 years with tha com
pany.
N. Y. STOCK EXCHANGE
the tmcIlIM Preee. 1
3
39
15
4
11
3
1
15
C
5414
21V4
3*34
143*
141/4
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1934
33b
50‘/b
313b
3
42
7
6
10
1
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30
7
503*
S3*
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203*
65
131/4
4134
6>/4
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50
2014
05
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411/b
S'4
05
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Sa.es—
Stock and AoO
Dividend Rat* 00 Blih. Low
ABBOTT LAB2* 1 75 75
Acme Steel 4a
Adam* Kxp V«*.
Addreiao-Mult i
Admiral Cp ,80e
Air Reductloo I
Alaska Juneau.
Aldena Inc 1 ‘4
Alieehanr Corn
Alleghane Co of
Alleg Lud 80*
A lie* Lud pf 4>.a
Allied CJtDre 0a
Allied Kid ltba
Allied Mills lVhe
Allied Stra 3
Allis Chaim 1.60
Amerada Pet 2a
Am Agrtcul 3a
Am Airlines ..
Am Alrl of 334
AmBankN 1 60a
Mm Bnk Nt pf3
Am Bosch 34*
AmBrkShoe .80*
Am Cable & Rad
Am Can 8
•Am Can of 7
3m CarftPda 3*
Am CarAP pf ?■
Am ChdtCbl l 40
Am Chicle 2a
Am Coltyo 1.20a
Am Cres 0 1 20a
AmCranamid la
AmCramldaVbot
Am Distillers 2
Am Ac Prgn Pwr
AmdtPPS7pf3Vak
3m A P P 2d Pt
AmRIde A; L 3b*
AmHomePr 1.20
Am Ice ,60e ..
Am Loco 1 40
Am MchtFd 80
'AmM&P 0fH «0»50 *2>4
AmMch&MetUe 2 03*
Am Metal ‘be
Am Power 4c Lt
AmP&L 6pf33ik
Am Radlat 40*
Am 0af Razor 1
Am Seatm* 1*
r AmShipBld* 2e
Am Bm&R 13ie
• Am 8nul of 6
Am Steel Fdrr 2
Am Store* 1 40*
Am Tel Ac Tel 9
Am Tobacco 3a
* Am Tob of 6
Am Viscose 2a
t*m Viscose ofB
AmWatWks 30#
Am Woolen 0
Am Zinc .20* ..
Antconda 13b#
♦Anec Wire le
Net
0:80. ehae
75 -1*4
53*4 533b- 3*
203* 203*- 3*
35 3* - 3b
1434 1434- 3b
2434 0434 — >4
33* 33b
153b 153b- 3b
334 333
45 4*34 -1
30 30 - 3*
3 10734 10734 107V4 -13b
4 100 10734 10734 - 3b
1 15 15 15 - 3b
3 0»‘4 0* 0* - 33
11 35*b 3434 3434-1
9 3033 37V. 30 - 33
1 11533 11533 11533 -23*
50 -1
03b — 34
50
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69 +1
1334- 3*
413b + 74
6>4- >4
05>4- 3b
0
1
5
12
10
3
12
4
3»4
70
133b
10 1733b 173*4 1733b -13b
7 40 46 4634-13b
1 53 55 53 -0
3 043b 23*4 23*4 — 3*
1 40*4 40*4 40*4 + 3*
0 103* 10 10*4- 3*
1 20 20 20 + 3*
01 35*4 303* 3934+ Vb
2 102*4 102*4 102*4 - 3b
1 30*4 30*4 30*4-1
33b
72
123*
0*4
24*4
7
23*4
17*4
92*4
0*4
33*4
103b
023*
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103*
2534
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63‘a
133
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7*4
243b
3 73*
3
70
1
94
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5
20
14
3334
11
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16
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253b
4034
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30 133
334 - 3b
72 -1
123*- 3*
6*4
24*4
7 - *4
233* -1*4
17*4- 3*
92*4- ‘4
0*4- 34
33*4- 34
103b- 3b
0234-1
1334 - 34
103*
25*4
40*4 -134
6334 - 34
133 -1
16
9
31
.380
8 3234 32 32 -1*4
9 25 2434 2434 -1*4
17 154*4 154 15434 + *4
14 5734 57*4 5734- 34
70 137*4 137 137 -2
10 60*4 60 68*4
40 110*4 110*4 118*4 - *4
14 734 73» 734- ‘4
3**4 51
0*4 0
3934 30*4
4034 3934
30*4 30
32*4 303b
31 31
.. 31*4 30*4
rArmco Btl pt«3bl90100*4 100*4 100*4 -1
ArmourAtCol .20 41 1*84 1JI34 1334 — 4
Armour pr of 0 4 10134 100 100 —2
‘Arm Cork*4pf4 40 112*4 11*34 112*4 - *4
Artloom CaW 1 3 1534 153* 1MJ-J4
*sid Dr* 0 1.00 3 1734 1734 1734- *4
- 1 103 103 103 -1
9 31*4 30*4 31*4- 3*
11 114*4 HIM U**4 -134
Anchor Roc* 2
Ander-Prlch 1..
Arcn-D-M 1* .
Armco Steel 2b
3
91
2
20
913* -1*4
a - >4
3034 -1*4
39*4- 34
30 - ‘4
3134 -134
31-34
30*4- 3*
*Aseo D Q 2nd 7
As.*octet Inr 2..
etch T 4 • P 0
ATP Inc He . 5
Atl Coast Line 4 3
AtlGAWIndSl *
Atl Reflnlni 1Va 27
♦ At! Refin of A 4 AO
♦At) Ref ofB3% HO
Atlas Core 1 BO *
♦Atlas Powd 1 e 210
tAtlas Pow pf 4 SO
Autocar Co %e *
Avco Mfa 35e 30
BALD LOCO ‘ftt 1*
Balt A Ohio 72
Balto A-Ohio of 18
'Bang * Ar of 5 20
Barber 011 11 ae 4
Barrsdall Oil-2 *3
Baruk C’.i 1 'fta 3
Beatrice Fds Ca 2
♦ Beck Sh of 4’» 10
♦Beech Creek 2 _ 10
Beech-N P 1 80 *
Belding-H 1 20. *
Bendli Aeiat 2 11
BndxHomeA 1 % H
Benef Ind 1.20a 8
Best A Co 2 —. *
Best Poods 2a 10
Beth Steel 1 20h 53
Biglow-San ‘ae. 5
Blaw-Knox t«a. 3
BUIS I W 2 . •
Boelni Alrp) 1*. 3*
Bohn Alum 'll- •
Bond Stores 2 •
BordenCo 1.20a 11
Bora-Warner 4. 7
Branlff Air 8
Brldiept Brail
Brills Uinuft 3 7
BrinsABtra la 4
Brlatol-UT .80#. 1
Bklra ttn Ote . *
Brown 8h 1.20a *
Bruna-Balke '/at 1
Bucrrus-Fr 70a 4
Budd Co 20# SB
♦BuddCoof* - AO
Bullard Co Ha. *
Bulora Wtcb 3a 1
BurllhiMtlU 1*4 21
Burr Add M 80 13
Bush Term *4f— 5
Butler Bros ... 3
Butte C ft Z ... 3
Brere A M 'ae - 7
Bvron Jn 1.20e 2
CAL PACK 2'al 7
Callahan Zinc . •
CalumetftH 1 Oe 7
Campbell Wr le *
Can Dr» OA .80 22
Canad Pac 44# 100
CaplttlAIrllnee- 2
Carrier Com .. 1
Case J 11.80# *
CaterollTrect * 3
Celenese Cro !e *A
CelotexCorp2 20
Cen Aeui' 1 ROax 2
Cent Fndry 1 «e 10
CentHudGss 52 2
Cent R R N J • 18
ce«t Rib M 80a 4
Cerro dePas’•# 4
Certn-tdPd 8<>a !•
Chain Belt ROe 3
Champ Paper la 2
Checker Cab 3,
18% IB
571/4 5«i/4
34 34
45>/4 43*4
112 112
96% 061/4
23 22‘ft
56‘ft 55
10* 109
121ft 1214
6V§ 6>/a
1544 151,4
13lft 14%
26 24%
75>ft 75>ft
50‘ft 491/4
42 41
20>/4 20
37 37
87 87
33lft JJift
35ift 35
17*4
34*4
16
18
35
16
251ft 25‘ft
2*«ft 2*'ft
36»e 35ift
36% 351ft
34 34
17% 17*4
3 lift 31%
25% 24%
32*4 31%
27*4 27%
42% 42%
64 62**
8*4 8*4
10*4 10%
33% 34%
33% 32
31*4 31**
20% 20%
27** 27%
21 21
22 21*4
10% 8%
70** 701ft
18*4 '5%
40 40
22*4 >2%
17 18%
10 0*4
14% 14*4
3% 3%
25% 23
34% 34%
39 38%
2*4 2%
8% •**
30% 29%
13% 12%
18 171*
6** 6**
17*4 17%
47% 47%
61 60>ft
36% 35%
34 32%
16% 16%
9% 8%
7%
29
7%
27%
10% 10%
26% 26%
18% 17%
29% 20%
24 24
13% 13%
1B% — ■/«
56% -214
34 -1%
44 -1%
112 - %
06% — **
22% -1
35 -1
109
12‘4 - %
6% — %
15%- %
14% - %
25% - %
73% -1
49% - %
41 -1%
20 - %
37 - %
87 -1%
33% +1
35 - %
17% - %
33 - %
16 - %
25%
20%
33% -1%
36% - %
34 - %
17% - %
31% - %
24% - %
31% -1H
27*4— %
42%+ %
62% -1%
8*4
10% - %
34% - %
32% - %
31**- %
20ift- **
27**+ %
21 - %
21*4 — *4
lOift- *4
70ift
18% - %
40
22>* - %
16% - %
0*4- %
14*4- %
3% — %
25 -1%
34% - *4
30% - *4
2% — %
6% — %
20%- %
12% - %
17*4- **
6% — %
17*4- %
47% -1%
60% - %
35*4 -1*4
33% -1%
16% -1%
8% — %
7% — %
28% -1
10** + %
26% - *4
17% - %
20%
24 - %
13% - *4
unes at unio o »
c * o of s h *
ChicaaoCp 60. *3
Chi A East 111 7
Chi * East 111 A. »
Chi Orest West 4
Chi Ort West of 13
Chi lad ALA.. 10
Chi Ind ALB . 10
Chi Mil St PAP 44
ChtMSPAP Pf«e I*
Chi A N W 44* »4
Chi A H W of 6 5
Chi Pneu Tool 1e 11
ChlPneuTS3of3 4
ChlRIAP'ie. 17
ChlRIAPpfB- 4
Childs Co_ *
Chrysler 4 *•
Cln O A E 1 40 17
Cln Mill M 1 43 7
C I T Finance 1 10
CUJ lseiFCH 2
Clark Eouin I
Clrv El III ! fi-le 7
Climax Ml. "0 12
Clinton ind « 40 3
Clonay Coro 70 3
Cluett Pbody le 6
duett 2nd ol 4 2
Coieate-P-P 2a 13
Collins A Allt 1. 2
Colonial Mllla 1 2
Col Fuel A Ir la 17
Col FuelAIr ol 1 4
Col BrdcastA le 3
Columb Gas 60 30
Colum Ptct 4*f 2
ColumCaroon 2a 1
ColASO E 2.10e «
Coml Credit 2-60 0
*Coml C nf 3 60 *40
Coml Solvnt ’it •
Comwl Edla 1.40 10
Comwl A South 1*0
Cons Edls 1 60 15
Cons Edison ofB 2
Cons Grocer1 1 17
Cone Laundry 1 3
Cons Nat Oas 2 4
Cons RRCuba of 3
ConsRetStr 1 70 1
Cons Text 1 20b 16
Cons Vuitee 60
Consum Power 2 2
Contain Corn 2a 3
Corn Basin* 1 11
Cont Can 3«e 10
ContDia Fiber 1 3
ContInsurance?x 2
Cont Motors 35
ContOilDel Hie 21
Cont Steel le .. 3
Cooper-Bess 1 10
Coorwld St! 1 20 14
Corn Prod 2.70e 7
Corn-Dub E 80 3
CornlneGlass *4 2
Coty Inc .20*.— 3
CotrInt 20* . 3
Crane Co 160a. •
Crm of Wh 1 60 *
Crown Cork 44h 11
Crown Zel 1.60* 6
Crucible Steel B
Cub-AmSu* 1 '«* 4
CudahrPack 60s 4
Cuneo Press la 7
Curtis Publish 38
Cur Pb pr pf 3a *
Curtis*-Wi v«» 33
Curtis Wr A le 4
DANA CORP >4* 26
Darega8trsla 2
DavksnChmla 12
□arm Pal 1 *0 5
Dayton Rub I 21 14
Decca Record 14 15
Deere A Co 1 10
Deere of 1.40 1
Del A Hudson 4 5
Del L A W V«e 30
Den A RGW le 24
DenARGWpf 1 Oe *
Detroit Ed 1.20 16
DetMlchBto *Oa 3
Devoe A R A 2a 1
! Diet Co-Sea 60 71
| Doehlar-Jar 1 V* 4
iDomeMn .67*. xlO
Douclas A 21**- 4
Dow Chen *ke . •
DowCb 2d Pf84* «
86% 86»e I6t»- <4
13VS 13!+ 13>/4 - >4
74* 7.+ 744 — i/4
1344 13 1344 “144
1144 10>4 1044 — 44
1*44 184* 1*14 -1
14i* 13>4 1344- ‘A
844 8>/e 81.4- 44
114* 1044 1H/4- i/4
3744 3344 3 644-144
2144 20 20‘4 —144
46*4 444* 43 -144
3644 36 36 -1
331/4 3344 331/4+ i/4
381/4 374* 38 - 4*
6* 6744 871*- 44
3i+ 3i+ 3i+
6444 63<+ 63>+- ;+
29*4 284* 39>4 + 44
25*4 2544 2544 — 44
471+ 47 471++ ■/»
3014 30'a 30*4 — 4+
36'* 36’+ 36'+ - '+
40 38U 3844 - 44
1674 161+ 161+ - 1+
76'+ 26'+ 261+ + 44
844 8>4 814 - >+
361+ 337+ 337»- 14
»*‘+ 90'+ »0'+ - 4*
404+ 40 40
2214 22i+ 221+ _ x+
25 25 25 - 44
18 17‘+ 1744- 1+
19 19 19 - 1+
281+ 28i 4 2814 — 1+
1444 14 14i+ - 4+
104* 10'+ 104* - 1+
3 54* 3344 3 544 + 44
4144 41 41 - 1+
50‘i 49 49 -11+
100i+ 99'+ 100!* + 1*
2614 234* 25*+ — 1*
27'+ 274* 271++ 1*
34* 34* 34*- 4*
24'+ 241* 244* — 4*
106 106 106 + 1*
174* 164* 16**- 4*
121* 12!+ 121+
461* 46!* 46!*-1
24 23>4 231* - V*
14V* 141+ 14!*- 4*
154* 151+ 131* - 1+
10*+ 10>* 104*- V*
33!+ 35‘* 33!*
371* 3644 3644 - »*
164* 134* 154* — a*
3744 37!* 3744- V*
Hi* 114+ 114+- 1*
58 37i+ 58
94* *‘+ 9i+- V*
67!* 66>* 66!*-It*
174* 171* 17!*
32 291* 30 -2
194* 18 18>* -1!*
64 62>* 62>* -11+
134* 131+ 13!*- 1+
21 21 21+4*
47* 47+ 44*+ V*
3 3 3
38 38 38 - 4*
234* 231* 231*+ 1*
244* 234* 234*- 44
311* 304+ 304* - 4*
26'+ 26 26!+ — 44
134* 134* 134*- 4*
121* 1144 1144- 1*
154* 154* 1344- 1*
104* 10U+ 104+ - 4*
36*+ 56 56
74* 71* 714- !*
23 23 23 - !4
291* 284+ 29!*+ 1*
1644 1614 16L+- 4*
261* 26 26 - 4+
31 30 30 - 4*
1244 17!* 124*- ■*
*1* * * + 4*
41 394* 40 -1
324* 324+ 324*-.‘*
49 471*. 46 -11*
1144 111* 1H+- V*
344. 321* 334*-U*
S3 52 52 —1!4
2H+ 21>4 214++ >*
124* 1244 1244 - !*
261* 26>* 261* - 4*
181+ 17.* 174*+ 4*
3*14 38 38 -1
144* 141+ 141++ 1+
9714 37 37!*+ ■*
46 454* 4544- 4+
105 104 104 - V*
Sale
Stock ana Add _ Met
Dividend Rat*. 757) Rich Low *:80. tbae
Dresser ted M. 19 29* 1« 19 — *
Du Pont t* 9 1S9 183 183 -2*
DuPont3taPf3‘,i 1 98* 98* 98* + V*
DWO Cliar tie 2 14* 14* 14*
EAGLE-PI 1 80 10 22 21* 21*-*
Eastern Air Ult 14 17* 17* 17* - *
East State Steel 8 19* 18* 18* - *
Sait Kodak 1 '/«• 27 43 41* 42*-1*
Eaton Hill 7 S3* 83 83* - *
Baa Stop N Vi*. 1 8 8 8 - *
E1 AtHO-Llte a 3 93* 52* 92* -1*
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9 2 2 2
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2 92* 91* 51*-1*
1 15* 15* 19*
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Emer Bae M 1
Enter Radio 80
Emo Dll El 1 1?
Endlcott-J 1 00a
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Erie R R of A 5
Evans Prod *
Ererabarp M .
Ek-Cell-O *! 63
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Ped-Moaul 1 06 2
F-edMoTrvck 4 0a 8 10* 10* 10*-*
Pederat D Btra S 17 30* 30* 30*- *
tPed D 8 Of 4V« 20 98
Pelt ATI 40a
PerroEnaa l .40
Pld Pboana P 2a x 1 «2* 62* 62* -1
Plrestone TAR 4 17 52* 51* 51*-1*
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2 24* 24* 24*- *
PlrthCarpetl 60
Ptlntkote 2a
Florida Pow I
Pollans Stl Hie
PoodPalrSt 40b
Pood Uacb 1 *
22 40* 39* 40* — *
22 15* 15 15 - *
29 30* 30 30* - *
10* 10* 10*- *
Prank Strs ,60a
PreeDOrtSul 2*
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Pruehauf Tra 1
Galr Robt 40 ..
Galr R pf 1.20
Gamewell Co la
Gardnr-D 1 40.
Gar Wood Ind..
Gar Wood of
Oarlord Co 1*.
Gen Am Inv 40
Oen A Inv pf4*
Gen AmTrns 3a
Gen Cable
Oen Clear la..
Gen Elec 1.60
Gan Poods 2
Gan Food! Pf3ti
Gan matrumt l
Gen Mills 1 *a
tGen Mills pf3*
Gan Motor! 8 .
13 23
8 9
10 41* 40* 40* - *
tpoodMcb Pf3* 160 loo 100 100
Poster Wheel 1 6 33* 33* 33* -1*
tPostr W of IV, 190 23* 23* 23* - *
9* 9 9 - *
43* 43* 43*- *
11* 11* 11*
21* 21*-1*
9 9
18* 18* 18*
16 16 16
21* 21* 21*- *
8* 8* 8* — *
42 42 42 - H
24* 24 2414- *
17 16* 16*- *
1 105* 105* 105*
2 56* 56 56 -1
20 13* 13* 13*- *
2 22* 21* 21*-1
53 40* 40* 40* — *
12 39* 39 39*- *
1 94 94 94 - *
12 12* 11* 11*- *
2 47* 47* 47*- *
5 107* 107* 107* - *
59 63* 62* 63 -1*
2
1
3
10
2
6
9
4
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2
5
2
2
12
4
>4
70
7
4
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1
15
4
12
2
1
14
Gan Mot oi a 54
Gen Out AdTt 1
Gen Port C He..
Gen Preeli lo 1
GenPuoSrc .S0»
Gen Pub Util 80 45
Gen Ry 8tine) 1 •
■Oen RealtrAUt.
Gen Reluct le.
Gen Shoe 2V4. _
Gen Teleph 1
Oen Time 1.60a
Gen Tlre&R l a
Gillette Saf 2V.a
Glmbe) Broe 2
GllddenCo 1 40»
GoebelBrew ,10e
Gooda!l-Sn 1'4a
Goodrich BF 2e
' GoodvearTAR 4
Goodyear of 5 .
Goth Hos 1.60a
j Graham-Palee
Granby Con He
GraniteC Sti
Grant IWT i la
GtNI Or et 1 V«i
Gt Nor Ry of 3
GtWstSug 1 60a
Greyhound 1
tOreyhnd pf 4 Vi
Grum Alrc B ae
Guantan Sue le
Gulf MobAO Ha
GulfMoftOh b!5
Gulf 011 3
Gulf Sta Util 1
Haye* Mfg 45e.
Kaael-At) l 20a
Hercules Mot 1.
Hercul Pwd ,70a
tHerculet P pf6
Hewltt-Rbna la.
Reyden Chem 1.
Hilton Rotela 1.
HindeADau IV,e
Holland Purn a.
Holly Suiar 1 .
Homestk Mtn 2
Hooker Kec ,60a
Houd-Herah He
Household Pin t x
Houston LAP 2
Houston Oil la.
Hove Sound 2
Hudson A Man
Hudson Bay 4 .
HodsonMot 40a
Hunt PoodJ 1..
Huuo Coro_
IDAHO PW 1.80
111 centra)
111 Cent pf Se
ill Term RR 72
Ind Pr ALt 1%.
Induatrl XI Mez.
Indust Heron a.
Insereol-Rand ._
inland Steel le.
Implrat Cop la.
Interchem Corn,
tntereon Rub
Interlakelr 60s
Int Harvst 1.40.
Int Hydro El A
Int MACh 1 60
Int Minim
Int Nickel 1 60
flnt Nickel nf 7
Int Paper 4a .
Int Paper of 4
IntRCA p(3J,k
Int Shoe 2'«e ..
Int Silver 4e...
Int TelA Tel
Int TAT lorn et
inter Dep Strs t
Intertype 1 20e
IsCrkCoal 135h
JACOBS P L
Johns-MaD ,70e
Jones A L Stl 2
Joy Menfk 2 40e
KALAMZO .70*.
Kan City South
Kan City So Did z
h'avier J la
Kelser-H A 1V4
Kelsey-HaBl '/at
Kennaeott lV4e.
Kern Land lHe
Klmbrly Cl 1 40
Kinney G R He.
Koppere Co 1 60
KreeteSSlo..
Kress 8 H 2a
Kroger Co 2.40
LACLEDE G 20
Le Cons of S6
Lambert Co 1 Vi
LeeRubATire 2a
Lee A Sons 1 40
rLeesAS pf 3.85
Lehigh C A N 1
LehPoitCem 1%
Leh Val Coal
Leh V CoalZpf Vi
Leh Valle! R R
Lehman 3.20e .
LehnAPink Vie.
Lerner Strs 1 %
Ub-O-P Glass 2
Lib McNAL Vie.
Life Sareri 80e
Llae A My 4a
16%
21%
15%
4
14%
25%
5%
28%
27%
25
27%
26t a
34%
23%
27%
5%
21%
60%
44%
16%
21%
15%
3%
14%
24%
5%
28%
27%
24%
27%
27%
34%
22%
25%
5%
21%
60
42%
16% - %
21% - %
15% - %
3% — %
14% - %
24% - %
5% — %
28% -1%
27%
24% - %
27%
27% -1%
34% - %
22% — %
26 -1%
5% - %
21%
60% + %
43 -1%
3 101% 101% 101%
22%
4%
7%
29%
29%
14
46%
21
12%
95%
46%
6%
15%
56%
77%
17%
10%
22%
15%
52%
21%
4%
7%
29%
29
14
46
21
11%
94%
45%
6%
18%
56%
75%
16%
10%
22%
19%
51%
%
%
%
%
%
21% - %
4% — %
7%
29% -
29% +
14
46% ■
21 +
11%
95%+ %
45% - %
6% — %
19% - %
56% - %
76 -1%
16% - %
10% - %
22% - %
19% - %
51% - %
20 126% 126% 126%
4
2
1
1
5
14
9
1
1
2
1
It
5
1
3
25
1
20
5
20
1
1
1
2
2
1
3
2
12
4
2
11
3
6
1
12
27%
27%
11%
33%
27%
30%
37%
34
17%
31%
45%
34%
43%
4%
43%
21
17%
4%
33%
40%
65
11%
23
13%
43%
70
20%
22%
2%
15%
32%
•%
34%
4%
32
27
26%
11%
3-3%
271.
29%
37%
34
17%
31%
45%
33%
45
4%
45
20%
17%
4%
35
35
•5
11%
25
13%
49%
70
43t»
20%
22%
2%
15%
32%
8%
34%
4%
31%
27 - %
26% - %
11% - %
33% -1
27% - %
29% - %
37% - %
34 - %
17%
31%+ %
45% - %
33% -1%
45 - %
4% - %
45 - %
20% - %
17%
4%
35 -
39% -
85
11% -
25
13% •
49%
70
43% -1
20% ~ %
22%+ %
2%- %
15%+ %
32% - %
8%- %
34% - %
4%- %
31% - %
*
Mi
Mi
V*
80 139*4 138% 139*4 +1*4 l
1
1
10
6
1
19
1
1
3
1
4
1
6
3
1
8
2
2
2
2
99%
98%
91%
42
97
16
18%
29
33*4
39*4
8%
38%
39*/*
39%
18*4
42%
80
18%
23%
20%
1
7
1
8
4
1
1
23
1
1
1
1
10
11
1
17
3
13
13
3
10
8
9
4
4
49%
20%
13%
34%
38%
99%
44%
8%
9
22%
43
26
99
11%
33%
3%
9%
7%
50%
11
25%
55
10%
36
87
59%
98%
91%
41%
57
15%
16%
25
33
35%
8%
38%
»
39%
18%
41
•0
16%
23
20%
57%
45%
20%
13%
34
36%
55%
44%
5%
9
22%
43
26
99
11%
33%
3%
9%
7
50%
:o%
25
54%
10
35%
85%
JLlII A M2 Pf 7 no 170 169
Lima Hamll 80 12 12% 12%
59%
98%+ %
91% - %
41% - %
57 -1
15% - %
16%+ %
25 + %
33 - %
35%
8%
38% - %
35 - %
39%
18%
41% -1%
60 + %
16% - %
23
20% - %
58 - %
45% - %
20% - %
13% - %
341% - 7%
36% - %
55% - %
44%
6 - %
9
22% - %
4 V - %
26 + %
99
11% - %
33% - %
3% - %
9% - %
7% - %
50% - %
10% -1
25 - %
54% - %
10
35% ~1%
85% -1%
169 -1%
12% - %
Link-Belt 3ft_ 9 oov*
Lion Oil 3_* * *9
Liould Carbp 1 10 20>*
Lockheed ‘/.e — • 22V*
Loew'a Inc IV* 30 17>*
Lone8terCa3VVa • 031/4
Long-Bell A 80k 4 28V*
Lorlllard PI 4 18V*
LouQ&IAlV* 3 24
LoularllAN 3 62 4 48
Lowensteln 2a 3 31
Lukens St) 4ua 1 22V*
tM ANDRW Df 8x10 135
MACK TRK ‘ah 11 26V*
Macj R H 2 2 37
Magma Coni. 4 211*
MainaToi 1 • 1514
Manatl Sua 1 V*g 10 9
Mandel Bros Vie 13 13V*
ManhShirtl 40a 1 2214
Marac Oil log 68 11«*
Marathon Crn 1 1 213*
MarineMidl 40e 20 7H
'Mark St R7 or 180 16V*
Marab Field 2.. 11 271*
Martin OL.. 2 17V*
MartlnPam .80 l 17V*
Maaonlte Co la 12 68!4
Master Elec 2.40 1 24V*
MathChem lV4a 2 34V*
Mav Dent Str 2. 3 45V4
Mavtag Co 1 1 11V*
McCrorrS 1.40a 4 33V*
McOraw Elec 2a 3 37V4
McOraw Hill la. 2 28V*
Mclntrre 2 Ola. 8 47V*
McKesadCR pf 4. 1 84
Mead Coro le__ 4 20V*
Melville Sh I 80 3 24V*
Mengel Co la 3 18
'Mengel 6 pi 2 V* 10 58
Mercant Stra 1 2 18
MerckdrCotl 40a 2 61V*
Mesta Math 2H 1 44
Miami Cop Vie 3 17V*
Mld-ConPet I **t 3 60>*
Midi Stl Prod 1* 1 46V*
Mlnn-Hon Rt 2a 2 47V*
Minn Moline 8 16V*
Mln&StL Rt >/«e 2 14V*
MSP&SSUA 1* 2 12>/4
Mlrn Min 4MI 5 70'*
'Minn MA-M of4 50 104V*
Mission Corp le 9 68
Mo-Kan-Tezaa 31 7*a
Mo-Kan-Tei of >5 23V*
Moiud Hos 80a 8 15Va
Monarch Mch 2 3 28V*
Monsanto Ch 2 5 57V*
Monts Ward 2a 43 <OVk
M-McC Lin 1 v*a 11 15V*
Motor Prod 1H* 1 28
Motor Whl .80s. 3 21V*
oat* oav* — v*
481/4 481/4 — V*
18V* 19?*- V*
21V* 21V*- V*
17 17V*- V*
63 63 - 1/4
271/4 27i/* - V4
18V* 18V*
24 24 + V*
471/4 47V*-1
30V* 31 - i/4
22V* 22V*
135 135 4-4V4
25V* 25V*- 1/*
37 37 - i*
2H* 211*- I*
14V* 14V*- V4
8?» 8 >*
12s* 12**- V*
22V* 22**- V*
11 11V*- V*
21V* 21V*- V*
7V4 7**+ i*
16V* 16V*
27V* 27v* - V*
17V* 17V*- V*
17V* 17V*
68 68V4 +1
241/* 241*- V*
34 34V*- «*
45 45V* + >*
11V+ 11V*- V*
331* 33V*- V*
37V* 37V*- V*
28 28V* + V*
47 47V* — V*
84 84 -2
18V4 18i* -IV*
24V* 24V* + V*
17V* 17?*- 1*
58 58 -2
17V* 17 - V*
61 61B-1
44 44 +1*
17V* 17?*- V*
60V* 60*- >*
46>* 46>* - V*
471* 47‘* - >*
16V* 16V*- V*
14V* 14V*
121* 121*- V*
701* 701* _ 1*
104 1041/*- V*
64 65 -3>*
6V* 7V+ — V*
22V* 23 -IV*
141* 14V*- V*
27V* 281*
57V* 57V* + V*
50V* dOV*- V*
15V* 15V*- V*
28 28 - V*
21V* 21V*
Stock lodiTdd"
Dividend Rato. 60. I
■Uh. Lew. 8:80. cSta.
Motorola He .. 14 17V* If* 17V* r- *
Mm.41 Bra .60e • *1V* al *1V*+V*
Mullins Mfe le W 30* 26* 30V* + V*
Munelntwear le 1 13* 1)M DM + V*
rMurph? of 4V*. *6110 100*100*-*
Murrar Cora 1 15 16 13* 15H- M
MraraiFBiMa 1 52* **M 02*+*
N ASH-EEL 70C *5 *1H 20* 70V* -IV*
'Naab CMtL la ioo 77 aev* 7>v*—*
Net AlrllDU 7 0 7* 7* - *
Net Ante rib eo 7 in* nv* nv« - v*
Net Avltt .15e.. 3 13* 13* 13* - H
4 70V* 70* 70*- V*
1177 177 177 -IV*
5 OVA OVA OVA- V*
45 - V*
7*- *
I
NetBueult 1 80a
Net Bleeuit of 7.
NetCen ... ..
NetCRetlVia « 3 43V* 43
Nat Clt? Use V* 0 _7* 7*
NatContain 1.00 • 17* 17V* 17V*- V*
Net Cr) Oea .80. 11 17* 17V* 17*-*
Net Delff 1.00. 0 31 30* Si + *
Net Dent Btf le 4 10* 10* 10*-*
Nat Dlltuien 0 31 70* TO* 70*
Net Orotua Vie 70 10* 10* 10*- *
Net Lead le 5 30* 30 30 -1
Net Mel Otl 40* 1 73 73 73 - *
Net Paw AL .. 10 * 44. *-V4«
Net Ottal 4 . - 5 00* 07 07 -1*
Nat 8u* Ref 1 Vie 7 73* 73 73 - *
Nat Ousel? 1 41 74* 73* 73*-*
'Net Ouq cf *V* 30 OO 00* 00*-*
Net Tea IV* ... 0 70 70 70 - *
NetomeeCel.. 7 10* 10* 10*
Nebi Coni ... 7 15* 15* 15*- *
N Ena Ei 0?at l - IS li* 11 11* ♦ *
Newmont U lVie 1 50 50 50 + *
Newot Induat 7 10 73 7* 7* -1*
tNeWBtIndsf4V« 50 00* 00* 00*-1
Newer NawaS 8e 3 70* 77* 77* - *
NT Air Brake la 4 42* 41* 42
N V cant R R 40 17* 16* 16* - *
N T CM A Ot L 6 74* 73 73 -2*
N T CMtL BfSk 4 136* 135 132 -1*
fNY & Harlem 6 20 240 232 232 -3
NHH4 Hart * 14 13* 13* - *
N T N R A H Bf 7 34* 34* 35* + *
'NYPAL Df 8 00270 02* 02* 02*
NY Bhlpbld* V.e 3 17* 17* 17*
Noblltt-Osk 1.60 1 25 25 75 - *
Nopco Cb .80a 1 33 33 33
Norf&Westera 2100 60* 30* 30*- *
tNorlAWest pfl 1 20 20 20 + *
No Am Aviation 41 11* 11* 11*— *
North Am Co V4k 40 17 16* 16*- *
tNorthn Cant*. *30 00 00 00 -1
NorNaiQae .80a 1 34* 34* 34*+ *
North Pacific lo 30 26* 25* 23* - *
tNoStPw PJ3.80 *30 85* 83* 85*- *
Nortbweet Alrl 15 14* 14 141,* - *
NrthwAlr of 1 18 7 23* 23 23* - *
Norw Pher 60 1 12* 12* 12*
tOHI ED P14.40 130 101* 101 101* + *
Ohio Oil le 38 40* 38* 38* -1*
OliverCorB lV'«a 13 34* 33 33W— *
Omnibus Cp Vie 5 0* 0* 0* - *
20 03 03 03 +1
30 36* 35* 36 - *
2 10* 18* 18*- *
13 54* 52 52*-2*
1 13 15 13
7 34* 34* 34*- *
10 S3* 33* S3* — *
_ 8 38 37* 37*- *
tPacTelAT 2 Vie 100 100* 00* 00*- *
Pac TeldcT rt wl 07 Via Via Via -Vie
Pec Tin Cone 0 5* 5* 5* - *
Pac West Oil Via 4 36 55 55 —2
Packard 11 16a 37 3 4* 5
Pan Am Air Via. 12 10* 10* 10*
'Omnibus of 8
Otis Kiev Hit
Outbrd Mot .70s
Owens lb Cl .3
PAC AM PSHle
Pac Oaa A Ele 2
Pec LiahtintS.
Pac Mills 3b
Panb I? Li
Panh PAR .80.
Paraf Cos .6011.
Parsm Piet I -.
Park Otah JO*.
Parke Dae .70*.
Parker Rust 2*4
Parm Trans .80
Patino Min l'%*
Pen A Ford .80s
Pence* <JC> ka
Penn-DxCem he
Penn Pori. 1.20
Penn R R tie
PeoD Drus 1.60.
PeopGasLt 4'a*.
Pensi-Coia .30e.
Pet Milk 1.. .
Petrol Corp .80e
PfeifferBrw .70*
Pflrer cocco 2a
Phelps Doda 3e
»
1
47
t
8
3
1
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3
t
•
40
3
1
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3
36
10*4
23*4
»«
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147/4
30
10%
291/4
MU
IM
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20%
17*4
l*>/4
21‘/4
39%
•3
14*4
28‘/4
15%
18%
*2%
57
rpbn c or. pi a ioo 53%
tPbll Co SO of *110 100
Pbiia Klee 1.20 12 24%
PhilARdkC&I* * 1»V4
Philco Corn 2 * 40
Philip Mor 1 Via a 13 20%
Phillips Petrol S 12 72V4
Plllsbure Mills 2 1 34
fPills Mills pi 4 100103
PittCokACh 00* 6 14V4
Pitt Con Coal 2.
Pitts Pors V4*
PlttPlateGls Vie
Pitts Screw .30*
Pitts Bteel . .
tPittSt BpIlVik.
7PittS or pf 6V4
Pitts A West Va
Plttston Co 3_
Plrtn Oil .90*_
Pot Klee Pwr SO
Pressed Stl Car.
Proct St Gam 3a
PubSvcCol 2.20
Pub S N J 1.40
12
3
9
3
11
30
40
4
•
16
*
5
10
10
14
14%
2*t4
47
17*4
19%
20%
35
•5
14%
28%
14%
10%
61>%
56%
*3
*0%
23%
107/4
39V4
20%
71
34
103
14
33% 33
13 22%
37% 37%
* 0%
18% 17%
*1 *0%
7»% 7*%
20 ’ 24%
44 42%
62 60
13% 13%
•% •%
•7% 66%
3*% 30%
24% 23%
10% - %
29% - %
22% - V4
*%
20%
20% -1%
8*4- %
14% - %
29V4 + %
47 -1
17*4- %
1»%+ ‘/4
20% - ’/4
35 -1
*3 -1
14%
201/4
15 - *4
10%
61% -1
%
%
96% -
53 +
99%
2374 + %
187/4- %
39% — 1%
29% - %
71 -1%
34.
103 4 %
14 - *%
33 -1
227/4 - %
377/4+ *4
0%- %
17% - *4
90% -1
79*/4 — */i
247/4 —17/4
42V4 -1%
61 —3
13%
9*/4 - %
67 -1
3S>/4- %
247/4 + %
rpub SvcNJ pi 0 200 135‘/4 139% 135% - >/4
rPub S»CNJ Pi 7 130 11* 110% 110>/4 -1%
'Pub SvcNJ *1 0 140 10644 106 106‘/i
rp 6 N J $& Pi * 230 93% 92% *2>% -1%
PubSvEAG Plwl * 2* 20*4
PubUcker *41... • 23% 23%
Pullman le_ 22 45% 4444
Pure Oil la . 30 39% 36*4
PuritvBak 2.40a 2 31 30%
QUAK STA .70# 2 24% 24>/4
RADIO CRP.30# 10* 13% 13%
Radio Cp Pi 844 7 71% 71
-- 11 9 8%
40 3 97% 39
3 34‘/4 34
a 34% 33>/4
22 26% 23%
2 15>.i 147%
8 137/4 13*4
4 24% 24%
7 11*4 ll‘/4
4 3%
9*4 9%
47 30*4 29%
1* 18*4 18%
16 67/4 6*4
3 26% 297/4
10 *9>/4 99* 4
30 36*4 367%
13* 3*7% 36*4
Radlo-K-O .Me.
tRR Seel C Stk
Rarb-Man larks.
Rayonler Vtl -.
Rea dins Co le
Reeves Bros la.
Rem Rand 16 .
Reo Motors 2V4a
Rep Aviation
Republic Picture 10
Rspub Piet pi 1. *
Repub Ste*l la
Revera C A B 1.
Raxall Drus
Rem Metals ’/a*
'R;y Mat pi 6V4
Rem Too B 90s
Richfield 011 2 . ‘
Ritter Co 2a
Roan A Cop 33*
Rob-Pul Con Me*
RbtshPlpf 1.18*4
Royal Type 1.60
Ruberoid le ...
Ruppert J *ae._
SAFRWAY 8T 1
'Safeway pi fi
St Joa Lead lV4s
St L San Fran
st Lean p pi 6.
rst L Southw Be
St Reals Pap 60 47
'StResla PI4.60. 90
S*» Arm* Vie...
SehenleyDlstll 2
tScottPa PI3.40
Scranton Blee 1
Seab Air Lint.,
sears Roebck la
Seeser Rltr .00*
Selberllnc Hub..
Serve! Inc .30*
SbamrockO 1.60
Sbaron Steel 2
Sharp A Dob 1.
Shell Un Oil 1*
Sheraton Cp .40
Silver Kina Col.
Simmons Co le
S'r.clelr Oil 2 .
Skelly Oil 2>ae .
Smith A O tab
SmithACoron 2
Smith&Sons 2*
'SmithAS pI3'/a
Socony-Vec 1
25'4
5%
11
27%
25%
681%
14*.*
19%
25
5»%
10*4
26%
25%
67
14%
1*7%
30 112>% 112
2 58% 58%
41 14% 13*4
6 45% 44
20 127 126
12*4 121/4
88 87%
12 13'/4 13%
31 31% 30%
90 92 *2
3 19'/4 13*4
18 24% 231/4
29 41% 40%
10 12‘% 12
2 7% 7*4
11 13% 12*4
9 34 3J‘%
2 3*i% 3*
4 2*>% 26%
41 43V4 42%
2 6% 6%
2 6 5%
12 33% 337%
175 29 27*4
3 1541% 152
•3 33 32
2 241/4 241%
3 377* 36J%
60 S7>% 87%
170 21‘% 207/4
28*4- %
23*4- ■%
447% -1%
37*4-1%
30% - •%
241%+ %
13% - *4
71 - %
*
35 -1
34 - %
33% - %
28 - %
14% - •%
13*4- %
24*4- 1%
lli%- %
3% — %
9% — %
2*7% -H%
18*4+ >%
6*4- %
251/4 - >/4
**‘% -1>%
3*7/4- 1%
38% -1%
23 -1>%
5*4- ‘%
10»4
26'% - >%
25% - 1%
68 —27%
141%- 7%
1*1% - >/4
1127/4+ *%
58i%+ 1%
14% - i/4
44%-1
127 +1
12% - 7%
87% - %
13% - %
30% — *4
92 -1
15*4
24 -1%
41 -1
121% + %
7*4+ %
13 + >%
33% — *4
39 - %
26% - *4
43%+ %
*i/4- %
55%
33*4- %
28*4- %
152 -4
32 -1%
241/4- %
36% -l'%
87%
20>% - *4
Solvay AM of 4.
So Am Gold Vi*.
4 102% 102% 102% - %
17 4 4 4
so cero Eftu ■-» /■/»
acE*aeTpf2»i 4 94%
SeastQreyL 1.60 J 14%
Sou Cal Edit 1 % 6 30%
Sou Nat Oaa 1% « 37%
Southern Par 4 19 59%
Southern Rwy 8 * 48%
southern Ry nf8 4 48%
Snarks-W ,20e_. 19 7%
Soencer Kell 1- * 86%
8perry Corn 2-- 16 29%
SDiegel Ine . 18 18%
rSnlecel pt 4% 100 71%
Square D Co %e 0 81%
Squibb 4t Soma 1 4 26%
Stand Brand* t 1* 30%
Std OsftEl S4pf
Std a*ES7pr of
Std Oil Calif 2e.
Std Oil Ind 2a
Std Oil N Jer lb 40 06%
3 d OllOblo 1 % 36 33%
Std Btl Spr* %e
sterling Drug 2
Sterens J P 2a
Stewart-War %e
Stok-V Camp 1
Stone&Web %«.
Studebaker lie.
Sun Chem -60..
Sun OU lb
Sunrsy OU 80
Sunray pfA 1.06
Suuar pf B 1%
Sunshine M .60.
Superheater la.
Sup Ol- Calif 2e
Sweets C A 1V«*.
swlftftca l 60a
Swift Inti .40a
Sylvan Bee 1.40
Snnlna-aould-.
TZLACTOORPB
Texas Co 8.. . 16 43%
TaxOulfPro A8e 19 13%
Tex Oulf Sul 2a 14 69%
Tex Pae CftO la 19
Tex Pae LT TOe 17 41
Textron la.. 6
Thatch QM 30e 31
'Thteher pf2.40 370 31
Thermold %f 16
ThomasStll 60a 1
Thoms Prod Hie 4
Thompson-Star 6
TtdeWOU 1.20a 49 30%
Timk-O Axle le 6 22%
Tlmk Bear 1‘ie
Transamer Via.
Trans A w air
Tri-Con Co %g
rTrl-Contl of 6
Truax-Tra 120
Twent C-Pnx 2.
Twin City R Tr
tTwinCit prltik
Twin coaan
Underwood l%e
Un Asb ft Rub 1.
Union Bag ta
Un Carbide %b
18 26%
7 113
1* 71%
36 49%
6 14%
7 37%
2 32%
3 15%
4 15%
27 17%
46 26%
14 ip
3 66%
60 14%
2 20%
12 29
12 10*%
7 26%
2 226
4 12%
4 34
13 16%
4 23%
6%
9%
3
4
94% 54% - %
14*% 14% - %
30% 30*%- %
27 27
56% 96%-1%
47% 46 -1
66% 66%
7% 7%- %
26% 24% - %
29% 29% - %
12 12 - %
70% 70% - %
21% 21% - %
26% 26% - %
26 28 - %
25 25% -1
115 115- -2
70% 71 -1%
47% 47%-1%
05% 85%-1%
32% 33 - %
14 14% - %
36 36 - %
32 32 - %
19% 19%
19% 19% - %
16% 16% - %
26*% 27 -1
9% 10
67% 47*%-1%
14 14% - %
20% 20% + >%
24% 24% - %
10 10
29% 29%-1
229 229 -5
12% 12%
33% 34 - %
16% 16% - H
23% 23% - %
6% 6% — %
5%
41%
22%
16%
7%
22
94
3
1 51
14 12%
3 13%
35 9%
60 104
6 18*. a
21%
7%
27%
11%
37%
13%
56%
39%
16%
7%
29%
8%
21%
33%
3
28%
21%
51
12%
13%
9%
104
17%
20%
7%
27%
11%
5% +■ %
62% - %
22 - %
64% - %
49 - %
39% -1%
16% - %
7H- %
29%-3
6%- %
22 - %
53% -1%
3
29% -1%
21% - %
51 - %
12% - %
13%
9% — %
104
17% - %
20% - %
7%- %
27%
11% - %■
57% 37% - %
15% 19% - %
34 34 - %
41 41% - %
tun B Mo pf 4% so 109% 106 106
34 41%
Stock Market Drifts
Moderately Lower;
Berlin Crisis Feared
fty th« Auuiottd Prut
NEW YORK, June 38.—The stock
market drifted lower today as
traders watched mounting Interna
tional tension is Berlin.
Selling pressure was never very
aggressive but leading issues were
marked down fractions to more than
3 points. Some recent favorites were
among the larger losers.
Weakness first cropped out among
the rails, then rapidly spread, mainly
to the oil, steel and automobile
divisions.
The market started out at a fairly
good clip, for a while, and then
around noon picked up again.
Richfield Oil dropped more than
3 points and losses of a point or
more were posted for Houston Oil,
Standard Oil of New Jersey, Sin
clair, Union Pacific, Atlantic Coast
Line, United States Steel, Youngs
town Sheet, General Motors. Mont
gomery Ward, American Woolen, In
ternational Paper, Consolidated Nat
ural Gas and Du Pont.
American Telephone was one of
the few in the plus column, along
with Goodrich, Douglas Aircraft and
Distillers Corp.-Seagrams.
The Berlin situation was frequent
ly mentioned in the financial district
as a damper on buying enthusiasm.
Concern over international deve'lop
ments has been low for some time
but, in the view of Wall Street, the
argument between the three western
powers and Moscow over the block
aded city is rapidly reaching the
crisis stage.
Washington Exchange
Potomac Klee Pwr S.60 pf "A"—60 at 46.
Peopiea Drut Store com—100 at 3514.
Potomac Elec Pwr com—50 »t 131i. 100
at 1314, 60 at 13‘/i.
Waih Oal $4.26 pf—10 at 102. 2 at 102.
PUBLIC^TIUTT
Bid
Am TAT ct db 2*,4» 1857_ 11414
Am TAT ev db 264a 1861 107
Cap Tranelt let ref 4a 1864 83
Cltjr A Suburban 6i 1848 100
Qeorietown Ota lit 5a J861 112
Pot Elec Pow 3V«a 18C
Pot llec Pow 314
Asked
\bl
108
,ot Elec Pow 314s 1977.__
Pot Elec Pow Ss 1883 _10114
Washington Oaa 8a I860 12214
PUBLIC OTILITT
Amer Tel A Tel (8)
Capital Tranait
N A W Steamboat (t4i_
Pot Elee Pwr com (.90)
Pepco 3.8014 pfd "A" (1.80)
Pepco 3.60ft pf "B" U.80)
Waah oaa Lt com (1.60)
Wash Oaa Lt cum pf (4.76)
Wash Oaa Lt cu cr pf (4.50
•154*4
J 614
170
•13*.
•45
101
104)4
1614
1314
261a
BANK AND TRUST COMPANIES.
106
Amer See A Tr new (tl.OO) 29 _
Bank of Betheada (tt 50) 40
Capital (er.90> .. -*2714
Com A Savlnki (tlO)_*350
Liberty <8> 315
Lincoln < +6) *330
Natl Sa» A Tr (8.00). 420
Pr Oeortea B A Tr (tl.OO) 30
Rifka (121 . ... 82(1
Union Trust Co (tl.OO)-.- *38
Waahlntton (6) *192
Wash Loan A Tr (12) 830
F1RB AND TITlJt INSURANCE.
American (tS)__ 160
Columbia (t.SO)_•136*
Fireman'* (1.40) _*31
National Union (.76)_*16
Real Batata (t6) _ _ *182
MISCELLANEOUS „
Carpel Corp (2700) *26
Gerflncltel com (1.50). *1814
Oarfl Slift cu ct pf (1.3761 *24y.
Oerfl 4*4*4 cu ct pf (1.126) *21
Hecht Co. (1.60) .
Hecht 314ft cu pf (3.761
Lanaton Mono (t2.00>
Mergenthaler Lino f»1.6“0» _ *8114
Nat'l Mtie A Inv pf (p.46) 8
Peoplea Dr St com ttl.60). *35
Security Storage (t6) — 110
31
836
40
1314
18
•24
2714
83
2514
64
Ter Ref A Wb' Corp (3) . 60
Wdwd A Loth com (t2.00). 331
37
126
Wdwd A Loth pf new (6)..*104
* Ex dividend b Books closed,
extra or extra! a Paid ao far th
p Paid 1847. erEx rights.
3414
t Plus
Dividends Announced
NEW YORK,
declared:
Nu-Inamel Corp
lN»N.
Nit Till A Mfe 10c
Sterlln* Brewer* 75c
Reaalar.
Minn A 8t L Rwr-„25c
Weitmorelind Coil-fl
Weitmorelind Inc —26c
June 38 if).—Dividend!
Pe- Stock of Ply
Rale. riod. record, able.
Omitted.
7-12
7-10
7- 9
8- 31
7-19
7-37
7-18
9-15
Q 9-15 10-1
Salat—
■took and Add
Dividend Rata. 00.
»Dn K1 Mo pratt 90
On Oil Cal .70a 99
Un Pacific 10’/4e 1
an Pacific of 4 •
UnTankCar S.60 1
Onlt Air Llnea >
amt AlrLnf 414 1
amt Aircraft la 40
OnltBUcult la 1
at Board&C *it 1
anit Carbon 3 14
at4-Car Pa«t 2a 1
jmt Claar Whai 11
Onlted Corp <9
Onft Corp of 4 «
amted Drewood 2
atd Klee Coal 1 1
UtSna&Fdv 11 ie 2
Onlted Fruit 3a 39
OtdGisImo 1.50 9
Unit II A M la 17
U8AF Sec 1.35a 11
tUSAFTS of4% 1
U S Orsjum 8 . h
0 S Leather Ha s
08 Leatb A lHa 3
□ S Unas 3% 7
CS PIpedcF 2.80 4
OS Plywood la 4
tOS Plywd pf3% 30
O S Rubber 8a 90
as Rubber 1 of8 1
DS Smelt 1 Vie- 4
0 8 Steel J'/i*-. 99
0 S Tobac 1.30 4
atd Stkyd! 4 Of 4
Ot Str»2d of He 3
atd Walloao v«a 12
OnlT-Cyelopi 1- 1
Blah. Low.
AS 87
34’4 33
197 187
100 100
39% 39%
19% 19
79 79
29% 29%
20% 40%
13% 13%
33% 33
39% 39%
4% 4%
7% 3%
48% 49*4
7 7
24 24
44% 44%
93 94%
22% 41%
18% 18%
31 29%
100 100
108% 108%
4% 4%
29 28%
17% 17%
49% 49
34% 34%
93% 93%
47% 44%
131 131
93 91
81 79%
18% 18%
9% 5%
10% 10%
9% 9%
18% 18%
Net
3:80. chat
87% - %
34%+ %
187 -2
100 + %
39%+ %
19 + %
79 -1
29% - %
20% - %
13% - %
33 -1
39%+ %
4%
3%- %
49% - %
7 - %
24 - %
92%- %
22%+ %
18% - %
29% — %
100 - %
108%-1%
4% - %
28% - %
17% - %
49 -1%
34% - %
93% - %
47% - %
131 - %
91 -2
79% -1%
18% - %
3% — %
10% - %
9% — %
18% - %
Ulll» UBU
Unit Pictures 1.
VAN NORM He
Vertient-C S 2 a
Vick Chem 1.20
Va CsrollnChem
Va-CChmpf4Hk
Vs El&Pwr 1 20
*Va B * P pf 6
Vs Railway *14.
tVulcan-D ,90e
WALDORFla.
Walareeo 1.80
Walker Hlr 114a
Walwortb .40e.
Ward Bak ,30e.
Warner Broa 1 -
warren Pet *0
Waah GasLt 114
Wayne Pump 2.
Webster Tobae
Weaaon Oil 2H*
'Wesson Oil n!4
WstlndSud Ha
W Penn Bee He
*Wi Penn B P(7
tws Penn B pt8
13
2
10
3
27
1214
14
1414
2414
12
12 - %
14
144
24>4+ >4
1114 1114 — *4
12
14
14
24>4
1 117>411714 117*4-1*4
28 1714 17 17 - 14
20 119'4 119H 11»’4 + 14
1 3814 3814 38>4 41
30 30 30 30
1 14*4 14*4 14*4 4 14
4 3344 3314 3314 - 14
12 2914 2414 24*4 — '4
9 12 12 12 4 14
4 14'4 1414 1414- 14
40 1114 1014 11 - ‘4
19 30 2814 2814-114
2 2814 28 28144 >4
2 2414 2414 24>4- >4
2 914 914 914- >4
2 8214 8214 8214 4 14
90 8314 8314 8314 4 >4
10 2014 2014 2014 — 14
92 1914 1814 1814- >4
90118 117 11714 - 14
30107
*W PenPw of414 20 112
10814 IO *‘4 - 14
112 112
14
4 1814 18*4 18*4
3 90 90 90
90 107 107 107 —1*4
8*4
42*4
1914
3314
3314
2214
3714
3014
1
7
28
2
1
8
11
90
16
30 97
1 108
17 94
1 2214
11 21
1 106
19 17
26 11
9 16
2 16
11 17*4
2 391*
12 4814
10 221*
8*4
41*4
1414
32
33*4
22*4
37*4
2914
47
97
108
92*4
2214
2014
108
8* 4- *4
4114 -1*4
14*4- *4
32 -1*4
331* -1%
2214 — *4
3714- %
29*4 - H
47 -114
97 + >4
108 -2
93 -214
221* — 14
2014- *4
108 41
90
7
9
1
1
27
9
10
13
16*4 1614- 14
1014 10*4 — H
1914 1914- 14
1914 1914 - 14
1714 1714— 14
3914 3914- *4
4714 48 - H
211* 2114-U4
WTaCtC 70*.
WVa PulpftP la
twVsPJtP Pf4H
Western Air Lin*
WestAutoSup 2
Western Md
West ltd 2nd of
West Pacific 3 .
West On Tel la.
West Air Brk 2.
Westlnc Bee 1.
Westvaco 1.40 .
♦ Wstvaeo pf3H
♦Wheel * LkXrS
Wheel Steel 2
White Mot 1.60.
White Sewlnt M
tWhlteSMpf lk
Wilcox 011 40a
Willy s-Overland
WllsonttCo 114*
Wliaon-JonasH*
wise Bee Pwr 1
Woodward Ir 2.
Woolwortb 2s -
Wor PAM V*h.
♦ WPMevprof414
♦Wthns prpf4HH0
WyandWor 40a 4
YALEfcTWNH*
York Con
York Cp pf 2H
YounxSpr&W 1
Touna BhAT 4a
YnsstStlDoor 1*
ZENITH B 1 He
Zonlte Prod 10*
11 ^K)***ni. *270 000 12:011 noon 490000
l-on pat. 810 000 2-110 om 930 000
tDnlt of tradlna, 10 shares. *In bank
ruptcy or receivership, or betnt reorsanlzed
under tbe Jankruptcy Act, or securities
assumed by such companies. Rates of
dividends In tbe forecotns table are annual
disbursements based ontbe last quarterly
or semi-annual declaration Unless other
wise noted, special or extra dividends are
not Included x Ex dividend xr Ex rixbts
Send.0 ygkvsss:
£•81
ttackdMdend*eir stock spUt-up. k Aecum
ulated dividends paid or declared1 this year,
s Payable In stock, exact cash value unde
termined on declaration data.
76 79 78 + 14
1XV4 lit* lit* + t*
30t4 29t* 2994- t4
14 13*4 1314 - t*
49 49 49 + *4
20*4 20*4 20*4- *4
84 81*4 8214 -2*4
1814 18*4 18*4- 94
29 2814 2814-1
9*4 914 9*4- 1*
N. Y. Bond Market
•nweAikusraar‘
70*
74V*
144*
14ft*
lift*
*•»(!
77V*
WORLD BARK
uimDim mu
mjtw you cm
3ato 104
POUtON *!*4
Australia 88 6ft 101V*
Balstna 8V*a*9 loov*
BraiU 8a 41 at
Copenh 4V*a 63
Dtnmk ft Via ft 5
ItalPuO 1-Sa 77
Iftax4a04*ad64n
Pare lat 8a 80
Rls d*J8V*a63at
Sao P it 8a 60at 31
t7ra( al 4Via 7ft 74V*
DOMESTIC
AmAlrlla*a3*68
AmfttP P ftaaOUO'M
Am TAT 8ft*aA7 1UR
Am TfttT ZViaftl 107V*
Am TAT 2V4i7S M
Am TfttT SViaSZ 94V
AmTobacco3s62 101ft*
Atl Dot Ist4a48
BaltAOb 6a9ftO 47ft*
Baltftt06aK2000 47
BfttO cv 4Vi3010 Sift*
Betb BU ZV*a 70
Boat Ma 4 Via 70
Caa Pae 4a pars
Cant Oa fta BSC
Cent Oalatftaftft
CenPaclst4a4810a>vt<
Cn RR NJ 6a 87 70
Cn HR NJ 4t 87 40
C B ft: Q 3 Via 85 100V4
Chi AS I Inc 87 44
ChilAL4Vi2003 SSVi
CMStP4Vir2044 59V*
ChlfttNW 4Vis09 70
ClUPln4Via20I9 85V*
C R I A P 4a 04 105V*
Cln OAI 2Via75 M
CCCBtL 4Via 77 74
Col A So 4Vis80 55
Cons Ed ev 3s83108V*
Del LkAW ln93 62V*
DAROW3-4S93 91V*
DfttR in 4Vi2018 46V*
DwChem2.33a6J 97V*
Erie 4Va* 2015 72
PI* E Cat 6a 74
Ort Nor 2V«s 61
OrnBAW deb B
O MAO 2044 B
54V*
93ft*
12V*
S3
40V*
94
9V*
MV*
•7V*
•7Vk
73
MV*
MM
7M*
71V*
HudsM rf 51 57 MV*
HuddtU In 68 67 MV*
i C *■ 53 _10»V*
ICrl *a fiS_
I C «v,l 66
ICC BtL 6* 89 A M
IntOtNor 6* 62 37
Int Q 1» Ht6i62
IntHrdroX16M4
Kan C Son 4*76 1043*
L*h VI HT 5« 64 MV*
L*hV*14 V*»2006 40V*
Leh V*14»2003l 37
LoOi III tt 4I4B 101
U-E-T 6* 63 A MV*
M-K-T 4* 83 B
UoPieSV** 48
Uo PM Si 66 A
Uo Pic 6* 77 F
lie Pie 6i 78 O
Uo Pie in 4i 76 47
UerrlMM 8«66 01
lleiUU 4V**65
Nit ■tecl at 66
N O T M 6* 64
NOTU6I66
NYC rf 6t 2016
NYC 4V*s2013A
NYCLB 8V*l 96
NYNHin4V»s'22
NYNBH 4*2007
NYOW rf 4* 92
NY SW rf 6< 37
N Y Tel 8V*| 78 1038*
N Y Tel 28*1 82 94
Nor Pic 81 2047 658*
OcfrLkCh 4l 48 148*
PaeT&T 2’is 88 97V*
PennRR*4 V*s81101V*
Peo&E Inc 4s90 208*
StLSF 4V**2023 M
StL8*nFrn4s97 00V*
9*16104^12016 70V*
Shell On 2V*S71 9*8*
Soeonr-V2V*i76 94V*
Sou Pie 4V*I 69 96
3oPlc4V*«Or77 103
So Ry gn 4> 58 90
8tdOilNJ28**71 9484
Texii Coro 38661048*
Third Are 6i 60 41
West Sh 48 238] 67
WitebLt 3 V4 *67107V*
Wilt Ud 48 62 100H
Welt Do 68 61 998*
West Do S> 60 93V*
WlsCn 413880 41V*
498*
708*
10V*
N. Y. Curb Market
Atreon Mtt Co 51*
Ainu Airline*. 4
Alum Co Am 2 63*i
Am Bentem C»r 2V*
Am CPALB .15* 7>/«
Am Oa*4i XI lb 39>/«
Am Maracaibo 55*
Am Superpower 15*
Am Thread pfV« 5
ArkNatGa* .20e 75*
ArfcNQae A 2Ue 74*
Aro Xpuip .SO.. 135*
Ashland 011 1.. 1944
A tie* Corn w w. 65*
Barium Steel... 65*
Bade Refret 40 7V4
Blue Rldce .40c. 351
BreeteCorp.. #54
BrwnP Dlat .80a 1354
Bnk Hill A 8 5*a 134*
Burma Ltd... 41*
Calif H Pwr .00 754
CalUteTunc_ 3
Can Marconi— 15*
Carr Con* Blee. 454
Catalln Am . 75*
CenAS W Cp .70 95*
Cessna Alrc .20* 45*
Chamb Co 40a 75*
Chief Cons Uni 15*
Citlea Service 2 595*
Claude Neon 354
Clinch Coil la. 435*
Colon OevelOD 6V«
Col FuelAIr ww 554
Colt* Mf* l«/<* 3654
Coml A Sou w*r 5*a
Coni Oa* Util 5* 1054
ConaRoral.14 454
Cons Stl Cp 15«i 445*
Cont PdvAM 1 1454
Copr Rani* Via. 1454
Cosden P«tro .. 9
Crosier Motor.. 10
Crown Cent Pet 75*
Dennleon A SO* 105*
Derbr Oil 15ie 145*
Xl BondASh v«* 155*
El Pw A Lt ww. 654
XOUltr Corp ... 154
Eureka C Ltd . 2
Fairchild E A A 5
PansteelMett** 135*
PordMPran 02* 15*
Gen Finance .20 7
GenPlywood 40 77*
Olant Yell O M 4
Olen Alden C 2. IM
Goldfield Cons “rit
Hue] tine *ie_K
Hecla Min 1 UH
Humble Oil I Via M
(me Oil Ltd Vj 14V*
imp OU Ltd rtwl 1M*
1st Petrol 7*. _ 127*
Kalser-FTarer.. 107*
Kirby Pet 20i.. 177*
Lantton M 2a._ 24V*
Leonard OU D*t 7*
L*Tourneau .. 20
Lon* Star Gail 22**
Lost Island Lti 7*
Louis L & X la 22V*
MOClanahas OU IV*
MdBPAvtcl.SOe 27V*
Mid Wait Cm at 97*
Nat Ballai SO* 4V*
N Jars Zlne 1 V*a 70
Nlaiara Bud Pr 9V*
Nlai Bud B »w V*
Noma lied .20a 17
NortbropAlr v«g 117*
Pantepee 1.28.. 107*
Pennroad 40i.. 67*
Pepnerell 3a *9
PharlaT&R .IS* 47*
Pioneer Oold 2V1«
PittBess&LI 1>* 39
Produceri Corn 27*
R-K-O opt war. 27*!
Ravtlieon Mfi . 67*:
Richmond Rad. 4
8t Lawrence Cp 97* i
SaltDomeO l7*f 11
8eial Lock 27*
Select Indus 4
Solar Aire .30e. 11V*
Std Cap & Seal. 127*
Std Power tc Lt 27*
Sterling Em .. 17*
Tri-Conti w w . , 37*
Unit Aire Prod 47*
United Corn ww 7*
United Gas 74*. 20
Ut LtdtRys .32* 217*
VSint Sec_ 4V*
Ot-IdahoSu.15* 27*
Venezusia Petr 87*
Wilson Bros V,e 37*
Wlnnipel XI 7*e 23V*
Woodley Pet .40 177*
Chicago Livestock
CHICAGO. June 28 m 'UBDAV—Sals- '
ble hots, 8.000: total. 9.600: fairly active
early on welthts under 240 pound! but.
later trade ilow on all weiahts: butchers'
up around 326 pounds. 25-75 cents hither: 1
welthts over 325 pounds very uneven.;
tenerally steady to 25 cents hither; sows
25-76 cents hither; most advance on
weights under 400 pounds: top, 29.25
sparingly; most food and choice, 170-260
pounds. 28.00-29.00; 270-300 pounds.
27.00- 27.75; 310-330 pounds. 25.00-26.60;
350-400 pounds. 22.75-24.25; few loads
425-500 pounds. 22.00-23.00; rood and
choice sows, under 400 pounds. 23.00
24.50: few choice, around 300 pounds
and under up to 26.00; 450-600 pounds,
21.00- 22.60.
Salable cattle. 8.500: total. 8.700: sala
ble calves. 600: total. 600: choice fed
steers and heifers steady; hith-cholce
1.302-pound steers. 39.10: a new hlrh on
crop: choice heifers. 37.50: common, me
dium and rood steers and heifers slow. 25
cents lower: cows weak to 50 cents lower;
bulls 25 cents lower: vealers steady: most
tood and choice steers. 35.00-38.50; com
parable heifers, 34.00-37.00; cutter cows.
18.00 down: common and medium beef
cows. 19.00-23.00; tood cows to 27.00:
practical ton heavy sausate bulla, 24.50;
vealers. 28.00 down.
Salable sheep, 500; total. 1.500: receipts
hardly adeauate for price test; small lots
and odd head native sprint lambs strong
to around 1.00 hither than late last week:
few slaughter ewes ateadv to 25 cents
hither: aond and choice native sprint
lambs. 29.00-30,00: fat bucks at inside
price: odd head to 30.50: medium and tood.
26.00-29.00: good and choice shorn slaugh
ter ewes. 10.00-11.00: few choice. 11.25;
common to medium ewes, 9.00-10.00.
Chicago Grain
CHICAGO. June 28 '/Pi.—Grains Milled
toward the close on the Board of Trade
today, getting back a tood deal of the
ground loat during early weakness.
At one time price* were down around
2 cents with the July contracts showing
widest declines. Deferred deliveries dis
played more resistance to the early tell
ing and It was these contracts which led
the late rally. Much of the late buying
was short-covering.
Easiness In the spot market was one
factor in the downturn of Puly contracts
early. There also was some hedging pres
sure against wheat.
Wheat closed 1 to 2higher, July. 2.31%
*>; corn was 1% lower to 14, higher. July.
2.20V,: oats were 1% lower to % hither.
July, 91%-%, and July soybeans were %
lower at 4.09.
Chicago Cash Market.
Wheat—None. Corn. No 1 yellow,
2.30V,-33Va; No. 2. 2.30-33: No. 3. 2-.29%
30%; No. 4, 2.28-29: No. 6, 2.33; sample
grade. 1.97. Oats, No 1 heavy mixed.
1.01: No. 1 mixed. 1.00-04: No. 2 extra
heavy mixed, 1.04%: No. 1 heavy white.
1.05%-06; No. 1 white. 99%-2.04: No. 2
heavy white. 1.06: No. 2 white, 97%
1 00: No. 3 heavy white. 98%: No. 4 heavy:
white, 97: sample trade white. 90-93%:)
No. 1 heavy special red. 1.01%. Barley:
nominal malting. 1.85-2.15; feed. 1.40- (
68. Soybeans, none.
Market Averages
STOCKS.
Net cbenee
Todty noon
Prev. day _
Week no _
Month no
Year ato _
1948 high .
1948 low...
30
Indst
. —.9
Pfl.O
_ 90.9
_ 98.7
. 97.3
. 91.8
. 98 7
. 83.3
IS
Halle.
—.8
45.4
48 .0
44.2
44.3
32.1
48.0
34.2
15
Otll.
—.1
42.0
42.1
42.0
*i'.7
42.3
38.0
80
Btks
— 8
70.7
71.3
70.5
70.9
84.2
71.7|
80.8
BONDS. So
Ralls
Net chanse —.1
Today noon 93.0
Prev. day- 93.1
Week aso 93.3
Month aso 92.8
Year aso 91.8
1948 high- 93.7
1948 low 87.7
(Compiled by
10 10
Indst. Util,
unc. unc.
101.3 100.8
101.3 100.8
101.8 101.3
101.8 101.4
103.4 105.2
101.8 102.0
99.8 98.0
the Associated
10 10 Low
Pan. Yield
unc. unc.;
82.7 109.8 1
62.7 109.8
63.0 109.9
81.8 110.2
72.5 114 9
80.9 110.6
60.2 107.2
Press.)
New York Cotton
NEW YORK. June 28 OP'.—Cotton fu
tures were easy today under pressure of
liquidation in nearby July which unset
tled the balance of the market.
The current selllns flurries at one time
depressed prices as much as 92.30 a bale.
The market later reco»ered partially on
short covering and mill buytns which met
only limited offerings.
There was a good deal of swltchins
from July to later months, influenced by
the belief that export business In cotton
will not develop In volume until the fall.
Crop reports were generally favorable,
with a forecast of scattered showers In
East and West Texas where the cotton
belt is In need of more rain.
Later afternoon prices were 50 cents
to 51.00 a bale lower than the previous
close: July. 35.40; October. 32.78. and
December, 32.43._
Foreign Exchange
NEW YORK. June 28 WV—Foreign ex
change rates follow Oreat Britain In
dollars, others In cents): _
Canadian dollar in New York open mar
ket. 6 9/16 per cent discount or 93.433«
United States cents, up 1 . __
Europe*—/Great Britain. $4 03ts. un
changed: France (franc). .32 13/18 of a
cent, up .00Italy (lira^. June flxed
-ate .001739. May .001739: Sweden
(krona). 27.85. unchanged; Swttxerland
(franc) (ccmmerciali. 23.40. unchanged.
Latin America—Argentina free. 21 OOn.
up .04 of a cent: Brazil free. 5_50, un
-hsnged; Mexico. 20.61. unchanged.
ai Nominal__
Gulf, ^Mobile ft Ohio Railroad
earned $1,834,816 in five months
ended May 31 vs. $2,000,943 a year
earlier.
Chteare. Milwaukee, St. Paul ft
Pacific Railroad reported a net loss
of $736,785 in five months ended May
31 vs. net Income of $4,461,265 a year
earlier.
r
Inflation on March
Again, With Higher
Wages and Prices
By Richard Fiskt
Associated Press Ivsinets Writer
NEW YORK, June J8.—The pub
lic is fighting a running battle
against inflation as 1048 enters its
second half.
The first six months had just about
everything necessary to make them
among the most memorable and im
portant in, the Nation’s peacetime
economic history.
There was a sharp drop in com
modity prices in February that had
economists believing inflation might
be halted, and then a rise that car
ried them almost to prebreak peaks.
Basic industries refused wage
bikes and reduced some prices for
a while. Then, President Truman's
rearmament program came along in
March, inflation continued, prices in
creased, wages started up again.
The New York Stock Exchange
languished in the doldrums for day*
on end, but a spectacular advance
in May carried the price level to the
highest In 21 months.
Now, at midyear, the Nation's
economy is in high gear.
A third round of wage Increases
is well under way. Prices—both con
sumer and industrial—are moving
toward earlier peaks or above them.
Construction costs climb as build
ing booms. The home buyer has a
bigger selection to choose from, but
houses are costing him more and
mortgage money is tighter.
Every one appears to be on a buy
ing spree—mostly for automobiles,
homes, food and gasoline, the Com
merce Department says.
And more retail sales are on the
cuff.
The Federal Reserve Board says
consumers are using more of. their
savings, and estimates about one
fourth of consumers will spend be
yond their income this year.
Generally, union labor has kept
up with the dizzy chase of wages
and prices. General Motors broke
the wage line and others granted
increases of around 8 to 10 per cent.
But the white collar workers have
fallen behind and the fixed income
group—those living on pensions or
investments—are going into debt.
Management hesitates to add to its
fixed costs, wondering how long the
boom will last.
Increased production has brought
an almost record employment level
and some industrialists fear a labor
shortage by fall. Passage of the
draft bill by Congress will have a
tightening effect on the already
tight labor market.
Behind the stepped-up spending
and increased production lie:
yhe wage hikes, the rearmament
program and the European Recovery
Plan.
Most economists and businessmen
0
©
0
©
0
SMAU tVMIT ABVIRTISINC
Wltct mokes It CLICK? Mew con smelt eds |oin
highest visibility? Hew long do impressions STICK?
Hew sen smell eds build point-el-sole occeptonce?
Hew should you budget? Ask to see our presento
lion—"S.I.A. ond H*m It hys ' Forts! Figures!
OeteHed <os* histones! Many types el business!
IRVIN SHAPIRO, ADVtkriSING
U04 l»i STMHfw .w; . stiolins eeke
are cautious and at variance in
their predictions for the remainder
of 1948.
Many are unrestrained in their
optimism. Some feel a necessary
readjustment of the inflationary
spiral must be near at hand.
There are industrialists who are
worried over the effects of steadily
rising costs on their break-eveiv
point—the dividing line between
profit and loss. They say only «ji
small decline in unit volume would
throw .them into the red.
Paul S. Willis, president of the
Grocery Manufacturers of Amer
ica, says:
“Business will continue good.
Over-all dollar sales are running
slightly ahead of last year, although
profit margins are declining be
cause of rising costs."
One thing seems certain—the
supply will not catch up with the
demand this year.
Industry reports record profits,
sales and dividends. To meet the
demands f6r their products most
industries are expanding their fa
cilities But, like the home owner,
the industrialist is finding expan
sion costs higher than originally
planned.
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Evening star. [volume], June 28, 1948, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972