Evening star. [volume] (Washington, D.C.) 1854-1972, July 06, 1948, Image 17

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Evening star. [volume], July 06, 1948, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 06 July 1948. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1948-07-06/ed-1/seq-17/>

Newspaper Page Text

D. C. Bank Earnings j
Around 1947 Levels
During First Half
By Edward C. Stone
Earnings of Washington banks
and trust companies in the first
half of 1948 were about even with!
the like 1947 period and in some in-!
stances were the highest on record,
a limited survey disclosed today.
There was a constant demand for
commercial loans while several banks,
reported that their profits from
mortgage loans were particularly1
good; considerably better than last1
year. Some of the banks are “fully
loaned up,” officers said.
Business in the. Capital was at
very high levels in the half year
as indicated by bank clearings which
were at the highest point on record.
Retail trade in the first five months
were 3 per cent higher than a year
ago and up 4 per cent in the Fifth
Reserve District.
At or close to alltime peaks were
the number of telephones in service,
number of calls, post office receipts,
and sales of electricity and gas. In
the five months, net earnings, of
Washington Ga$s, Capital Transit
and Chesapeake <fc Potomac Tele
phone Co.'s were ahead of the same
period last year. Potomac Powe’rsj
high income was under 1947.
Building and loan association- of
ficials reported highly satisfactory
earnings in the half year, with as
sets and share funds at new high
marks. . They report a. continued i
record demand for home loans.
Installment Loans Expand.
The Federal Reserve System re
ported today that consumer install-]
ment loans during May were 13 per
cent higher than in May. 1947. j
Commercial banks had the highest
tital, follow-ed by small loan com- j
panies and credit unions.
The Reserve Board also reported
that installment accounts outstand
ing at household appliance and
furniture stores showed further in-!
creases in May while those at jewel
ry stores remained unchanged.
Century of Progress Shown.
The Mutual Fire Insurance Co. of j
Montgomery County. Md.. has issued
a 54-page book picturing the cen
tury of progress from 1848 to 1948.;
written by A. D. Farquhar. now j
president. The history is dedicated j
to the memory of Allan Farquhar,!
who was w-ith the concern 66 years.
Money-making was not the aim of
the company when it was founded
as a service to the community, a
“comfort and security” to those who
must at one time or another suffer:
fire losses. During the 100 years, the |
Sandy Spring institution has built ]
up a reputation for fairness, strength i
and conservatism reaching far be
yond any county borders.
The corner stone of the Washing-!
ton Monument was laid the same -
year the company was founded. The
Friends Meeting House at Sandy
Spring, but in 1817, has been insured
by this company since 1857. Many
similar cases are mentioned and the
men who have made the company
such a success are listed.
Exchange Trading Heavy.
More than 750 shares of Potomac
Electric Power common changed
hands on the Washington Stock;
Exchange today at 1358. Potomac!
Electric preferred "A" stock was]
strong at 46. Captial Transit w-as]
in demand. 124 shares moving at;
16, a new- recent high.
i---1
Business Briefs |
Freight Loadings in the third 1948
Quarter are expected to total 9,138,
374 cars, a gain of 3.T"r from the
same 1947 period, reported 13 re
gional Shippers Advisory Boards.
All regions, except the Southwest
and trans-Missouri-Kansas, indi
cated gains from a year ago.
Southern Construction Contracts
awarded in the first half of 1948
showed an increase of 59r'c from the
same 1947 period—Manufacturers
Record. Awards in 16 southern
State' were valued at $1,382,278,000,
Eastman Kodak Co. has purchased
General Mills’ interest in Distilla
tion Products, Inc., for an undis-'
closed sum, and will operate it as
a subsidiary.
National City Bank of New York
and City Farmers Trust Co. reported
operating earnings for the first half
of 1948 were $9,738,226 or $1.57 a
share vs. $9,829,626 or $1.58 in the
same 1947 period.
Manufacturers Trust Co. net in
come for the first half was $5,335,075
or $2.59 vs. $4,743,177 or $2.30.
F.agle-Picher Co. earned $1,870,037
or $2.10 a share in six months ended
May 31 vs. $2,199,025 or $2.47 a year
eariier when a $2,600,000 inventory
reserve was deducted.
Oklahoma Natural Gas Co. net in
come for 12 months ended May 31
was $4,045,455 or $4.37 vs. $3,031,285
or $3.15 in the preceding fiscal pe
riod.
Missouri Pacific RaUtnad earned
$1,818,652 in five months ended May!
31 vs. $3,519,338 a year earlier.
Gulf Coast Lines net for five!
months ended May 31 was $2,992,068
vs. $2,349,044 in the same 1947 pe
rioo
Motorola, Inc.. earned $1,550,769
or $1.94 in six months ended May
29 vs. $1,379,774 or $1.72 a year
earlier.
Jewel Tea Co. sales in four weeks:
ended June 19 totaled $11,706,615. a
jump of 21.2% from a year earlier; i
in 24 weeks ended the same date,;
$68,381,993. an increase of 23%.
Consolidated Retail Stores, Inc.,'
sales for June totaled $2,473,303, a
gain of 20.1% from a year earlier; j
for six months, $16,207,250, a rise
of 9.4%.
Westinghouse Electric Corp. an
nounced its home radio division
started shipments of seven new
radio models. Production of tele- i
vision models with a 10-inch pic
ture tube will start next month. J
Zenith Radio Corp. will introduce
a new line of television receivers
this fall. They will provide for later
incorporation of phonevision, which j
will make possible "pay-as-you-see”!
presentations of first-run movies in
the home.
National Broadrasting Co. pro
moted Charles R. Denny to execu
tive vice president. Gustav Mar
graf was appointed vice president
and general attorney.
Consolidated Vuitre Aircraft
Corp. announced the resignation of
I. M. Laddon as executive vice
president. La Motte T. Cohu,
president and general manager, will
take over his duties.
Stannlind Pipe Line Co. elected
J. L. Burke president to succeed
Bruce C. Clardy, who resigned.
Woodward Iron Co. profit for six
months ended June 30 was $2,073.
729 or $2.94 vs. $1,894,999 or $2.69 in
the same 1947 period. ;
Murray Corp, of .America earned
$1,634,048 or $1.56 in nine months
ended May 31 vs. $2,087,245 or $2.03,
k year earlier.
N. Y. STOCK EXCHANGE i
(Furnished hr the Associated Frees.)
Sale*—
Stock and And Net
Dividend Rate 00 High Low 2:30. edge
ACF-BRILL MO 3 5% 9% 5% 4- %
Acme Steel 4a 3 53% 53% 53% 4* %
Adams Exp %e 13 21% 21% 21%-%
Adam&-Millis le 1 46 46 46 4- %
Addresso-Mult t 4 39% 39% 39% — %
Admiral Cd 30e 5 14% 14V* 14%
Air Reduction 1 x 5 24% 24% 24% 4- %
Alaska Juneau. 2 3% 3% 3% — %
Aidens Inc 1 % 7 20 19% 19% 4- %
Alleghany Com 44 4 3% 4 4- %
Allegharv Co df 12 52% 51 52 4-1%
Alleg Lud 80e 4 32% 32 32
Alleg Lud pf 4% 1 108% 108% 108% 4-1%
Allen Ind .30e 1 10% 10% 10% - *4
Allied CADye 6a 8 191 189% 191 4-1%
Allied Kid 112a 2 19% 19% 19% 4- %
Allied Mills 1 %e 1 29% 29% 29% - %
Allied Sirs 3 7 35% 35% 35% 4- %
Allis Chaim 1 60 6 38 37% 38
Alpha Portl *4* 1 29 29 29 4- %
Amal Leath 20e 1 5% 5% 5%
am Aencu- 1 50 50 50
Amerada Pet 3 2 119% 119 119% 4- %
Am Airline* 32 8% 8% 8% — %
Am Alrl of 3% 2 60 59 60 4-1%
AmBsnkN 1 60a 1 29 29 29 - %
♦Am Bnk Nt pf3 50 68 66% 68 4-2
Am Caoie A Rad 12 5% 5% 5% 4- %
Am Can 3 8 87% 87 87% 4-2%
-Am Can pf 7 90 171% 171 171 - %
Am CarAFdy 3k 3 47% 47% 47% - %
Am ChACbl 1 40 3 24% 24% 24% 4- %
Am Crvs S 1 COa 2 21 21 21
AmCyanamidla 15 39 38% 38% — %
ArrCyamld3%Df 2 102** 102% 102%
Am Distillers 2 1 38% 38% 38% 4- %
Am Europe 40e 9 18 19 18 4-1%
Am Export L 2 2 16% 16% 16% 4- %
Am A Frgn Pwr 4 3% 3% 3%
s rr' A F P Cd pf 3 13% 13% 13%
AmHomePr 1.20 31 55*/* 24% 25 4- %
Am Loco l 40 7 24% 24% 24** 4- %
Am MrhAFd *0 3 ] 7% 17% 17% 4- %
AmMchAMet’ «e 1 8% 8% 8%
Am Metal %e 5 34% 34% 34%-%
♦ Am Metals pf 6 60 135% 135 135
Am Power A Lt 21 11% 11% 11% + %
AmPAX6pf4’2k 2 93 93 93 4-%
Am Radiat 40e 34 16% 16 16% 4- %
Am Saf Razor 1 10 10% 10% 10% — %
Am Seating 1g 1 26% 26% 26%
♦AmShipBldg 2e 90 39% 39% 39% 4- %
AmSmARIVie 1 64‘* 64% 64% — %
♦Am Sm&R of 7 60 151 150 150% 4- %
Am Snuff 2 2 34% 34% 34% 4- %
Am Steel Fdry 2 3 32% 32% 32% - %
Am Stove 80e 1 19% 19% 19% 4- %
Am 8ugar R 4e 1 39 39 39 4- %
Am Tel A Tel 9 31 155% 155% 155%
Am Tobacco 3a 12 58% 58 58% — %
TAm Tob of fl 120 141 ico 141 rJVi
Am Viscose 2 70% 70% 70% -t- Vi
AmWttWks .*10® 2 7% 7% 7%
Am Woo'en fl 22 52% 52 52% + %
Am Wool Df 7 1 102 102 102 - %
Am Wool Dr Df 4 2 104% 104% 104% — %
Am Zinc -Oe 12 8% 8% 8V» + Vi
Anaconda 1 V^e 29 38% 38% 38%
♦ AnacWirele 170 41% 41% 41% 4- %
Anchor Hock %e 3 29% 29% 29% — %
Anderson Clay 2 3 56% 56% 56% —1%
Ander-Prich 1 24 33% 33 33 « + %
APWProdUe 1 6% 6% 6% 4- %
Arch-D-M la 12 31% 31 31% 4- %
Armco Sfeel 2b 4 31% 31% 31% 4- %
♦Armen Sil Df4Vi 90 101% 100% 101% 4* %
ArmourACol ‘!(< 13 13% 13% 13% 4- %
ArmstCork 80e 5 55 54% 55 4- %
'Arm Cork$4Df4 60 113% 113 113% + %
♦Armstng dI 3*4 100 98% 98 98
A. tloom Carpi 1 2 16% 16% 16% 4- %
Assd Dry G I 60 2 17% 17% 17% - %
♦ As.so D G 1 st 6 10 105 105 105
Aasociat Inv 2 5 32 31% 32 4-1
Arch T A 8 F « 4 114% 114 114% - %
Atch TASF Df 6 2 103% 103% 103% - %
All Coast Line 4 1 59% 59% 59% 4- %
Atl Refining 1 % 52 48% 46% 47% 4- %
♦Atl Refin DfA 4 30 111 110% 110% 4- %
♦Atl Ref ofB3% 130 94% 94% 94%-%
Atlas Corp 1 60 14 23% 22% 23% 4* %
♦Atlas Powd le 90 55% 55% 55% 4* %
Autocar Co 4 12% 12% 12% 4- %
Avco Mfg 35e 24 6% 6% 6%
BABBITT 1 20 3 15% 15% 15% 4- %
Baldwn Loco Vie 10 15% 15% 15%
Balt A Ohio 95 16% 15% 16 4- %
Balto A Ohio of 35 267* 26 26% 4- %
BangorAArosfk 17 30Ve 30 30% 4- V»
♦Bang A Ar Df 6 30 76 74% 76 4-2
Barker Bros le 1 27% 27% 27%-%
BayukCigPia 2 20 20 20 4- %
Beatrice Fds 2a 2 37% 37 37% 4* %
♦Beat Fds pf334 50 86 86 86
Beech Aircraft 8 13 12% 12% 4- %
Beech-N P 1 60 2 36% 36 36 -%
Bendix Aviat 2 3 35% 35% 35% 4- %
BndxHomeA 1 % 2 16% 16% 16% - %
Benef Ind 1 20a 6 257* 25% 25V* 4- %
Best FWls 2a 5 36*4 36 36>4 + *4
Beth Steel I '.'Oh 23 37*4 36*4 37*4 + *4
Bigelow Sn 1 jh 6 33*4 33*4 33*4 - ‘4
BlackA-Deck 2a 1 33>4 33>4 33*4 - *4
Bliss K W 2 4 31*4 31>4 31*4 - V.
Boeing Alrol le 5 26 25*4 76 + ‘4
Bohn Alum *<e 7 31 30*4 30*4+ ‘4
'Ron Amt B 2*ii 60 421+ 42 42 -1*4
Bond Stores 2 3 26*4 261/4 261/4- V.
BordenCo 1 20e 5 43*4 43*4 43*4 + >4
Borg-Warner 4 10 65*4 64*4 65
Boston * Me 2 5*4 5‘4 5*4 - ‘4
BranlffAtr 6 8*4 8‘4 8*4 + *4
Bridged Bra>s 3 10*4 10*4 10*4 - ‘4
Briggs Menufe 2 5 34V. 34 34 — *4
Brlstol-My ROe 1 32 32 32 - *4
Bklyn Dn Gas 6 20 20 20
Bucyrus-Er TOe 6 22 21*4 21*4+ >4
Budd Co 20* 54 10*4 10*4 10*4 + *4
♦Budd Co Df 6 300 70>4 70 70 — *4
Buloy* Wfch 3a 3 4114 4114 4114+**
RurllngMilU 1 *4 61 24*4 2314 2414+ *4
Burr Add M 60 15 17*4 17 17>4 + *4
Bush Term *4f. 3 10*4 10*4 10*4
Butler Bros _ 2 14*4 14*4 14*4 - *4
Butte C * Z 2 3*4 3*4 3*4 + ‘4
Byers A M >ie _ 15 27 76*4 27 + *4
Bvron Jn 1 20e- 3 3*‘4 34 34 — *4
CALLAHAN Z 6 7*4 /2 V, 2*4+ ‘4
CalumetA-H me 7 7 6*4 6*4+ 14
Can Dry GA 60 74 1* 17*4 13
Can.d **ac *4e 49 17*4 17*4 17*4+ *4
Can Mills 2’ae 2 46 46 46 +1V.
CaoitalAirlines 1 61*4 6*4 6*4
Can AdmsA SO* 3 17 17 17 + *4
CarrA-Ocn °0a 2 8*4 8*4 8*4
Case J 1 1 OOe . 1 4814 48*4 48*4 - *4
''iterdlTract 3 13 63 61>4 63 +2
Celanese Cro le 17 37'4 36*4 37*4 + *4
Celotex Coro 2 12 34*4 33>4 33*4- >4
Cent Fndry *4e 3 8*4 8*4 8*4— *4
Cent of Ga wi 20 12 12 17
Cent of Ga nf wi 27 38*4 38 38 + *4
CentHudGas 52 8 7*4 7*4 7*4
Cent R R N J • 11 79 781/. 29 + 14
Cerro de Pas’*e 2 76 25*4 75*4 — *4
Certn-tdPd Bd. 4 18*4 18*4 18‘4
ChimD Paper la 1 7414 741. 74<4 + *4
Ches A-Ohio 3 33 38*4 38*4 38*4 + *.
Chicago CD 00 10 13‘<4 13'4 13*/. - >4
Chi At Fast 111 6 7*4 7*4 7*4 + >4
Chi & East III A 4 14 14 14 + i/4
Chi Great West 6 11*4 11*4 11*4+ *4
Chi Ort West Df 11 21 20*4 21 +14
Chi Ind ALA 11 15‘ 4 15 15*4 + ‘4
Chi Ind A L B 7 9*4 9*4 9*4 + *4
Chi Mil 8t PAP 45 1214 11*4 12*4 + V.
ChlMSP&P Df4e 11 38V. 38 3814 + '4
Chi & N W *4g 57 22*4 21*4 22*4 + *4
Chi * N W of 5 3 46*4 4614 46*4 - *4
Chl R I & P *4e 5 39*4 38*4 38*4 - *4
Chi R I*P Df 5 4 68*4 68 68 + *4
Childs Co 34 314 3 314 - >4
'Childs DfS'i 230 48>4 46*4 46*4 -3*4
Chrvsler 4 78 64*4 64*4 64*4 + 14
Cln O Ar E 1 40 1? 79 78*4 29 + 14
C IT Finance 2 11 J8*« 48 48*4+ *4
City Ire A- F " '4 3 31*4 30*4 30*4- 14
Cl»v El 111 1 05e 2 3914 39l4 39‘4
Clev Gr Br SOe 1 28*4 28*4 28*4 + 14
Climax M I 20 4 16*4 16*4 16*4- ‘4
Clinton tnd 2 40 6 26J4 26*4 26*4 + 14
CloDay Coro TO 3 8*4 e*4 8*4 + *4
duett. Pbody 1 e 1 36*4 36*4 36*4
Cluett 2nd Df 4 1 90*s 90*<a 90*4- ‘4
'■n'-iir-]—r~ cm u sum su‘3 t
Collins A Aik 1 * 22% 22 2?%+%
Colonial Milts 1 15 25% 25'* 25%+ %
Col Fuel Airis 14 18% 18% 18%
Col BrdcastA le 4 28 28 28
Col BrdcastB le 1 27% 27% 27% - %
Columb Gas 60 24 14% 14% 14% + %
Colum Piet %f 2 10% 10% 10% + %
Cons Edison of5 10 10«% 106% 106% - %
Con« Grocer- 1 4 16% 16% 16% + %
CnlumCarbon 1?a 2 35 35 35 + %
ColASO E 2.10e 3 41% 41% 41%
Coml Credit 2 60 7 50% 50'* 50%
Coml Solvnt He 14 26% 26% 26% + %
Comal Edis 1 40 22 27 26% 26% - %
Cnmwl A South 47 3% 3% 3% — %
ComASo pf7%k 4 101 101 101
Conde Nast 1 1 10'* 10'* 10'* - %
Cone-Nalrn 1H. 2 35% 35% 35% — %
Cons Cop 15e . 4 5% 5% 5%
Cons Edit 1 60 15 24% 24% 24%
cons Nat Ga« « 8 46% 46 46 — %
Cons Text 120b 5 15% 15% 13%+ %
Cons Vultee 29 10% 10% 10%+ %
Consum Power 2 1 34% 34% 34% — %
Com Bakina 1 9 16% 16% 16% - %
Cont Can He 16 37 36% 37 + %
ContDia Fiber 1 4 11% 11% ll%+ %
Cont lnsurance2 1 58'* 58% 58%
corn Motors 14 9% 9% 9%
ContOUDel 1 He 15 66% 66 66% - %
Cooper-Bess 1 2 30 30 30 —1
Coprwld Stl 1 20 3 19% 19% 19% - %
Corn Prod 2.70e 4 62 61'* 62 + %
Corn-Dub E .80 1 13% 13% 13%
CornlnaGlass H 3 22 22 22 + %
Coiy Inc 7 4% 4'* 4'*— %
Ooty Int 20x 7 2% 2% 2%
Crane Co 160a 4 38% 38 38
CreamerlesAm 1 3 10% 10% 10%+ %
Crown Zel 1 60e 3 31% 31 31% + %
Crucible Stem 2 26% 26% 26% + %
Cub-AmSux 1 He 1 13% 13% 13%+%
CudahxPack 60s 2 11% 11% 11% — %
Curtis Publish 7 11 11 11
Curtlst-Wr V»x 30 7% 7% 7% + %
Curtis Wr Ale 19 24% 24% 24%+%
Cutlr-Hm 1 20a 3 30*4 30% 30% + %
DANA CORP Hex 2 28% 28% 28% + %
Davisn Chm 1 a 4 27% 27% 27%+%
Daun PAL 1 *0 1 31% 31% 31%+%
Dayton Rub 1 20 7 12% 12% 12%+ %
Decca Record % 8 9 8% 8%
Deere A Col 16 40% 39% 40% + %
Del A Hudson 4 2 49 49 49 + %
Del L A W He 83 13% 13 13 + %
DenARGWle 11 36% 35% 36%+1
DenARGWoflOe 10 55% 54 55 +1%
Detroit Ed 1.20 10 21% 21% 21% - %
DetMlchSto 80a 11 13% 13% 13%
ncoeARASa 3 27% 27 27 -%
DiamTMotls 1 17% 17% 17%-%
Dlst Cc-S»a 60 23 17% 17% 17% - %
Divco Corp le . 1 18% 18% 18%
Doeniex-Jar 1H 5 38% 38 30 -1 j
Dome Mn B7e 12 14% 14% 14%
Douglas A 2H« 4 58% 58 58%+ %
Dow Chem He 7 45 44% 45
Dow Chem of 4 1 104% 104% 104% - % 1
Dresser Ind 1 % 3 29% 29% 29%+ %
Duplan Corp tab 2 15% 15% 15%+ %
Du Pont 4e 10 186'* 185 186% ++%
Du Pont pf 4H 1 121% 121% 121% + %
Dt o Lleht of S 310 114% 114 114 -%
DWG Clear He . 2 14% 14% 14% - %,
EAGLE-PI 1.80 9 22 21% 21%
Eastern Air Una 5 17% 17% 17% - %
East State Steel. 3 19% 19% 19% + %
Sale#— _ .
Stock and Add Net
Dividend Rate 00. Hlch. Low 2:30. chit.
East Kodak 1 lie IB 431* 4*1* 431* +1
’Eastmn K Bf 6 30 17* 172 172
Eaton Mf( 3 1 63 63 64+1*
’EdLa Bro Bf *'/« 10 89*4 89*4 89*4 + 1*
Ekco Prod 1.20 2 1414 14*4 141* - *4
E'Auto-Llta* . 3 5* 52 32 + *A
Elec Boat 1 .. 4 141* 14iA 141* + >4
Elec Boat Bf 2 . 1 3*1* 561* 361*
E1 A Music .16* 7 2 1»4 2
El Power At Lt 11 23»4 2314 23‘4 - 14
Ei PAI Tpf Blik 1 13614 13614 13614 - 14
El StoraeeBat 3 3 52 32 52 + ‘4
Elliott Co *4e . 12 271* 25*/« 271* + 14
Elliott cv Bf 214. 5 721a 7214 7214+ 14
Elliott pf ’ 14 1 46‘4 4614 46*4 + 14
Emer Elec Ml 12 20>4 19*4 20 + ‘4
Emer Radio 80 6 1414 14 14‘A + 14
Emo Dia Ell 12 1 15'4 15>4 15’4 + 14
Endlcott-J 1 fiOa 4 3314 33 3314 +114
’End-John Bf 4 30 102 101*4 102 +114
Erie R R 1 88 1614 15*4 16*4 + 14
'rle R R of A 5 1 64V» 64>4 64*4 + >4
Euitka Wms *»e 2 6»4 6*4 6*4
Eversham l*f 2 9’4 974 914 + 14
Ev-Cell-O 2 60 5 4514 45 45
FAIRBANKS le 2 511* 51*4 511* + >4
PajardoSua 21a* 1 28*4 284 28'4
Farnsworth 33 11 10*4 1014+ *4
Peddera Qui 80 1 1414 1414 1414 + la
Federat D Strs 1 8 3114 3014 31*4 + *4
PerroEnam 1 *0 1 24iw 24H 24*4 + 14
Fid Phoena P fa 1 65 63 63
Firestone of 414 1 10714 107‘A 107*4 + 14
PUntko’e 2a 7 4014 4014 40*4- *4
’Plintkote Df 4 10 103*4 103*4 103*4
Florida Pow I 5 15*4 13*4 15*4
Pollans Stl 1 lie 20 32*4 3114 32 + %
PoodPalrSt 4(lb 19 11*4 11*4 11*4 + *4
Pood Mach 1*4 5 40*4 39*4 40*4+1*4
’PoodMch Df3*/4 1 102 102 102 +1
Foster Wheel I 1 34 34 34 - 1*
Prank Stra 60a 1 914 914 914
FroedtGAMlia 2 11 11 11 - *4
iKruehauI rra 1 1 22*4 2214 2214
GAIR ROBT 40 4 81* 8*4 8*4 - 14
Gatr R of 1.20.. 1 18*4 18*4 18*4
Gardnr-D 1.40. 1 21*4 21*4 21*4 - *4
Gar Wood Ind .. 11 9 9 9
Oavlord Co 114 4 2314 23*4 23*4 - 14
Gen Am Inv 40 6 17*4 17*4 17>4 + ‘4
Gen Bakina 60 1 10 10 10 + ‘4
Gen Cable lie 4 13*4 13*4 1314 + ‘4
'GenCable 1 of 4 40 80*4 80*4 80*4+ *4
Gen Cikar la 2 22 22 22 - *4
'Gen Clear pf 7 2 133 133 133
Gen Elec I 60 61 41*4 40*4 41*4 - 14
Gen Poods 2 8 3914 39‘A 39*4 + ‘4
Gen tnstrumt 1 16 1114 111* 1114
Gen Mills 2e 2 481* 481* *81* + *4
'Gen Mills bf314 2 107SS 107 107 - *4
Oen Motors 3 34 644* 644* 644* + 4b
Gen Mot of 3V4 1 96 96 96
Gen Out Advt 1 1 1644 164* 164*
Gen Port C 4*e 2 211b 211b 211b
Oen Precis Eo 1 5 1544 1544 1544 — 1*
GenPuoSvc ,20g 2 4 * 4
Oen Pub Utl) 80 20 15 141* 15 - 4b
Gen RealtyAUt 3 54* 54b 54b
Gen Refract le- 2 29 29 29 + 4b
Oen Telepb * 17 2«4b 251* 251* - 4b
Gen TlreAR la 2 2B4b 2844 284*
Gillette Saf 244a 7 35 34 34 -1
Gimbel Bros 2 4 221b 2 244 2 244 - %
GliddenCo I 40a 2 2614 2644 261* + 4*
Glldn cv pf 244 1 55‘b 55‘b S3V4 + 4b
GoebelBrew ,10e 2 5>b 5‘b 5‘b
Goodall-Sn Ilia 3 2244 2214 224b + 44
Goodrich BP 2e 5 621b 611* 6214+1*
GoodvearTAR * 12 444b 44‘b 44‘b
Greham-Palge 25 414 444 444
Grand Union 2 1 40 40 40 + 44
GraniteC Stl’«e 3 311* 311b 311* +4*
Giant (Will* 9 301* 30 30 + 4b
'GrantWT ofn«i 10 984b 9844 984*
GraysonRob lie 2 111* 111* 111* — 1*
Ot Nor Ry of 3 12 47‘b 47 47‘b + 4*
GtWstSug 1 60a 4 22‘b 211* 224b +14b
Green H L 2a 6 38 37‘b 38 - 4*
GreenfTAD 1 20 2 141* 141* 1414 - 4*
G evhound 1 41 12‘4 12 124*
'Greyhnd pf 4V« 40 95‘b 95 95>b + >b
Grum Aire new 5 234b 23 234b + 4b
GuantanSutle 3 61b 61b 61b
Gulf MoDAO Ha 29 191* 191* 191* + 1*
GulfMoAOh pf6 3 571* 57 57
Gulf Oil 3 . 10 79‘b 781* 79 - 4*
Gulf Sta Util 1 36 18‘4 18 1844 + 44
HARB-WALK '.* 3 2 51* 2544 251* + 44
Hart SAM 2.40 2 301* 301* 301* + H
Hayes Ind lie 2 10 91* 9'b + V*
Hayea Mfg 45e 8 11 101* 11 + 44
Hazel-Atl 1 20a 1 221* 221* 221* + >b
♦Hecht Co pf33i x*0 91 91 91 +1
Hercul Pwd 70e 11 54‘4 54 5444
'Hercules P of6 40 1254b 12544 1 2 544 -144
'Hersb cv pf 4a 30 121‘b 1214b 1214b
Heyden Chem 1. 5 264* 26‘b 264* + 1*
Hires C E 1.20-. 9 21 204* 21 - 4b
HollanderASla. 1 1* 1* 1* + >b
Holly 8ugar 1 . 7 29 284b 29 - 44
Homestk Min 2 3 3744 3744 3744 - 1*
Houd-Hersh V4a 4 17 164* 16'b - Vi
Houd-Her of2'/« 2 4114 411* 411*+ 1*
Houston Oil fa. 5 3544 35 3544+ 4b
Hudson Bay 4 4 441* 441b 441* + 4b
HudsonMot 40a 9 21 201* 201*
Hupp Coro 8 *■* 4‘4 444
HsmanRfgr 65e 1 131* 131* 131* — 4b
IDAHO PW 1 80 3 35V« 351* 351* - 4b
II' central . 12 411* 41‘b 411* + 4b
111 Cent of 3e . 2 86 86 86
Illinois Power 2. 18 271* 271* 271*
ill Term RR 72 5 114* 111* 11V*
Ind Pr A Lt 1 4b 2 241* 241* 241* + 4b
Indust Rayon 3 2 50 50 50
Inland Steel la. 13 44'b 441* 441* + 4b
Inspirat Cop le 11 191* 191* 191*+ 4b
InsuranshC 20a 1 8 8 8 - 44
Interehem Corn l 224b 2 244 2 244 + 4b
♦Interem of 4>b 90 1014b 10144 1014* - 44
Interlakelr ,60e 6 154* 141* 141*
int Bus Mach ♦ 2 1431* 1451* 1451*
Int Harvst 1.40. 16 331* 3344 3344 - 4b
'Int Harvs of 7 60 1674b 166 166 -l‘b
Int Hydra BA 17 81* 84b 84*
Int MACh 1 60 9 34 334b 334* - 4*
Int Mining 1 44* 41* 41*
Int Nickel 1 60 29 3244 324* 32H - 44
Int Paper 4a 23 624b 601* 62‘/4+ll*
lntRCA pf3!4k 20 90 90 90
Int Silver 4e .. 1 584* 584* 5Bib + 4b
Int Tel A Tel 46 151* 15‘/. 151* + lb
IntTATfornet 2 151b 151b 151b + 4b
inter Dep Strs 2 2 25 244b 2444 — 1*
Intertype 1 20e_ 2 34‘4 34'* 34‘4 + 4*
lAC’OBSSI. 5 8*4 8V. 8*4+ 4*
'JerCntPAL pf* 10 8544 854* 834* + 44
Jewel Tee 2 40a 2 44‘b 444* 44‘b -1
Johns-Man 70e 8 381* 38 38
Johnson & J 40 1 30v* 30*4 3044 - 4*
♦JohnsonAJ of* 20 1041* 1041* 1041*
Jones A L Stl 2 17 3644 351* 364* + lb
loy Manfa 2 *0s 17 401b 394* 39»b - 1*
Kan City South 30 451* 441* 4514 + 4*
Kel.sev-H AH* * 24‘4 24 244*
Kelsey-HaBlli* 2 211* 21'b 21'b
Kei.necott I44e 37 581* 58 581*+ 4*
Kern Land Ilia 3 46'b 46‘b 461*+ lb
Keystone B 2a 1 4344 4344 4344 + 4*
Kimbrlv Cl 1 .*0 2 2144 2114 21‘4
'Kitnb-cirk Of 4 50 103V, 1051* 1031*
Koppers Co 1 60 1 33*% 351b 35Ve + 4*
’Koppereof* 40 9444 94 ,944*
KresgeBS la... 2 37‘b 3714 37‘b + 4b
Kress B H 2a 6 5744 561* 5744 + 1*
Kroger Co 2.40 2 44‘b 44‘b 44‘b - 4b
LACLEDE G 20 4 6 6 6 + 4*
La Cons pf 88 2 S'b 8'b S'b + 4b
Lambert Co 11*. 1 23 23 23 + 1*
Lane Wells 1 60 5 2844 28 2844 + 44
'LeesAS pf 3.85 10 98 98 98
Lehigh C A N 1 5 124* 1244 12‘4
LehPoitCem 14* 5 341* 344* 3414 + 1*
Leh Val Coal 18 4i* 4 4-4*
Leh V Coal2of 4* 2 91* 94* 94* - 44
Leh Valle* R R. 15 8 7'b 8 + 4b
r - U _on. « R1 R1
LehnAFtnk He 1 10* 10* 10*
Llb-O-F Glass 2 1 55V* 55V* 55V*
Lib McNAL He 5 10* 10* 10*
Life Savers 80# 5 37 36* 36V* — H
Lias A Mv 4a 5 86 85 86 + *
•Lite A MV of 7 *0 170* 169* 170* +1*
Lima Hamll 60 9 12* 12* 12*- *
Lion Oil 3_ 2 51* 50* 51*+1
Lioilld CsrbP 1 4 20 19* 20 + *
Lockheed He „ 3 23 23 23
Loew s Inc IH 18 17* 17* 17*-*
LoneStarCeSH* 2 63* 63* 63*+ *
Long-Bell A 80k 9 29*+ 29* 29*+ *
Lorillard P 1 9 19* 19 19 - *
•Lorillard of 7 20 156 156 156
LouisvilAN 3 62 4 48 47* 48 + *
Lowensteln 2a 16 32H 31* 32H +1*
MACK TRK Hh 8 25* 25* 25* + *
Macv R H 2 5 37* 37* 37*
Msamacool— l 21* 21* 21* + *
Magnavox 1 . 16 16 15* 16 + *
Manatl 8U( 1H* 3 9* 9* 9* + *
Mandel Bros He 2 12* 12* 12* - *
MaracOU lOg 9 12* 12* 12*- *
Marathon Cro 1 5 22 22 22 + *
MarineMidi 40a 44 7* 7* 7*
•Mark St Rv or 110 16* 16* 16*
Marsh Field 2 6 27 26* 26* - *
MartinParrv 60 2 16* 16* 16* + *
Masonite Co la 2 68 68 68 + *
Master Elec 2.40 5 25* 25 25* + *
MathChem lHe 1 34* 34* 34*-*
tMath Chem of7 20 170* 170* 170* -1*
Mav Dent 8tr 8 2 46* 46* 46* - *
•MayStrt ofnSH 60 91* 91* 91*+ *
•MayDeot3 40of 30 84* 84* 84* + *
Mavtat Co l 2 11* 11* 11*- *
• Mavtat 1st 016 10 111* 111* 111* +1*
Mavtat of 3 1 40 40 40 - *
McCrorxB 1 40a 1 33* 33* 33* - *
•MeCrory Df 3H 70 98* 98* 98*
McOraw Elec 2a 1 37* 37* 37*
McOraw Hill lo 4 29* 29* 29*- *
McKessAR 2 40 7 33* 33* 33* - *
McLellan Str 1» 5 24** 23H 23H
Mead Coro la _ 3 21 21 21 + H
Melville 8b I 80 3 23V4 23* 23V4 + *
VIercant Stra 1 5 18* 18* 18*+ *
MerrittCABl 60 5 26* 26* 26* + *
Mesta Mach 2H 5 44* 44 44*- *
Miami Coo He 6 17* 17* 17* + *
Mid-CcnPet 1 He 7 60* 60* 60*- *
Midi Etl Prod la 2 47* 47 47*+1*
Minn-HoDRe2e 7 46* 46 46*
Minn MoUne 17 18* 18 18 + *
• MinnMo of*Tkk 60 119* 119* 119* + *
Minn A St L He 16 15* 14* 15 + *
M SPAS8MA la 7 13* 12* 13* + *
'Minn MAM o!4 20 104* 104* 104*
Mission Coro la 3 68* 68* 68*+ *
Mo-Kan-Teias 67 7* 7* 7* + *
Mo-Ksn-Tex nr 72 26* 25* 26* + *
Motud Has ,80a 1 14* 14* 14*-*
Monarch Mch 2 2 29* 29 29* + *
Monsanto Ch 2 8 59* 59* 59* - *
Monte Ward 2a 9 60* 60** 60* + *
M-McCLinl*6 22 15* 15* 15*+ *
MorrellACo 1 Via 1 25 25 25 + *
Motor Prod 1 Ha 1 28* 28* 28*
Motor Whl 80a 1 21* 21* 21*+ *
Motorola He 5 It* 18* 18* — *
Mur ei Brs ROe 2 20* 20* 20* - *
Mullins Mft la 23 ft* 33 33*+1
Muntintwear It 1 17* 13* 13* + *
Murray Coro I 16 16* 15* 16*,+ + *'
NASH-KEL 70a 15 20* 20* 20* - *
•Nash CAStL It 150 26* 25* 26*- *
Nat Airlines 8 8* 8* 8* + *
Nat Auto Fib 60 27 12* 12* 12* + *
NatAviat.lSe 1 13* 13* 13*-*
Nat Battry lHe 2 41* 41* 41* + *
NatBiscult 1 60a 4 29* 29* 29*
Nat Can 1 8* 8* 8*
NatC Reel He 6 46 45* 46 + *
Nat City Lina H 2 7* 7* 7* + *
NatContatn 1 20 6 12* 12* 12*
Nat CTl Gaa .80. 3 12* 12* 12*
l
fttlna
Stock and Add ^ _ Nat
Dmdend Rata. 00 Sikh. Low. t:30. chca.
Nat Dairy 1.80 13 31% 30 31% +1
Nat Dept Stria 1 19 19 19
Nat Distillers Z 48 20% 19% 20%
Nat Gypsum Vie 14 19% 19 19 - %
Nat Lead la 6 3d 33% 35% - %
Nat Linen 8 80 5 8% 6% 8%
Net Mel Stl 40e 1 23 23 23 + %
Net Steel 4 ___ 1 99% 99% 99%+ %
Nat Supply 1 24 25% 26% 25 - %
’Nat Sup of 4% 20 90 90 90 +1
Natomaa Co l 3 11% 11% 11% + %
tNeianer pi 4%. 20 102 102 102
N Ena Bl Sy&t 1 4 11% 11% 11%
Newmont M 1 Via 1 60 60 60
Newpt Induat 2 3 22% 22% 22%
Newpt NewsB Sa 1 29% 29% 29% + %
NY Air Brake la 2 42% 41% 42 + %
N Y Cent R R 60 17% 17% 17% + %
N Y Chi A St L 10 90 88% 88% -1%
N Y CAStL Dlflk 2 143% 143% 143%
N Y N H A Hart 14 14% 13% 14% - %
NYNHAHdI 2 35% 35% 35%
fNYPAL Pi 3 SO 20 92 92 92 + %
fNYSEAG pl.3Vi 20 87% 87% 87% - %
Sopco Cb 80e 1 33% 33% 33% - %
NorlAWeatern 3 14 61% 60% 60%+ %
No Am AelatlOD 9 11% 11% 11% - %
North Am Co %b *0 17% 16% 17 + %
'Korthn Cent 4. 10 68% 88% 88*4 -1%
NorNaiGas 80e 10 34% 33% 34% + %
North Pacillc le 34 27% 26% 27 + %
'NoStPw Dl3 60 340 85% 85 83 -1
Northwest Airl 4 14% 14 14 - %
NrthwAlr oil 18 2 23% 23% 23%-%
OHIO XD1S 2_ 1 34% 34% 34%
Ohio OiJ la 10 40% 40% 40% - %
0 eerCoro lVie 41 35% 35 35%+1
tOUverol4'4 980 108% 107% 108*4 +1%
'Omnibus Pi 8 40 93 92% 93
0»:s Elev 1 Vie__ 15 36% 36% 36%
Owens 111 U1 8 19 56% 55 56 +1
PAC AM PSHle. 2 14% 14% 14% - %
fPAC COAST 1 60 12% 12% 12%
tPAC CST 2 Pl 4 50 36% 35% 36% +1*4
, Gas A Elc 2 10 34% 34 34% + %
Pac Mill.* :<b 4 37 36% 37 - %
rPacTelAT 2 Vie 350 100% 99% 100 - *4
Pac Tip Cona 6 5% 5% 5% + %
Pac West Oil Vie 2 57 56% 56V. + %
Packard M 15c 48 5 4% 4%
Pan Am Air Vat- 7 10% 10% 10% + %
PanbEPLo 4 61% 61% 61%
’Panb EPL pl 4 50 99 99 99
Panh P A R .30 10 10% 10% 10% - %
Param Piet 2 25 23% 23% 23%
Park&Tlllord 3. 1 45 45 45 - %
Park Utah lOe 2 2% 2% 2% - %
Parke Dav 1.05e 10 29% 29% 29*4+ %
Patino Min lV.a 4 15% 14% 15*4 + %
Pen A Tord .80# 3 31% 31% 31%+ %
Penne* >-IC> I’a 6 40% 47% 48*4
Penn-DxCem Vie 1 17% 17% 17%
c'enn ml. i.zu iq aw/a vi
Penn R R Vie «1 21* 20* 21 + >/a
Penal-Cola .30e. 60 14* 14* 14* — *
Pet Milk 1 2 28* 27* 27* - *
Petrol Corn .30* 2 13* 15* 15*
Pflzei C&l.O *Za 2 62* 62* 62*
Phelps Dod( 3e 29 57* 57* 57*+ *
TPhll C 6% Of 3 170 52* 52* 52*
rpbU Co 56 pf 6 110 100 99* 100
Pblle Elec 1.20 5 24* 24 24 - *
tPhlE14.3pf4.30 30 108 108 108
rphlla B pf4 40 50 li.2* 112 112* + *
Phll&Rdg C&I S 19 19* 19* 19* - *
Pbllco Corp 2 16 40* 40* 40*+ *
rPhllco Pi 3 Vi - 50 90* 90* 90* - *
PhiltD Mor I Via 11 29* 29* 29*-*
fPhlllpM Pf3.60 .20 85* 85* 83*-*
Phlllipe Petrol 3 9 73 72* 73 + *
Pllllburr Mills 2 1 34 .4 34 — *
PittCok&Cb 60* 2 13* 13* 13*- *
put Con Coal 2. 7 347% 14* 347*+ *
Pitts Pori Vie 3 22* 22 22 - *
PlttPlateGls Vie 8 37* 36* 37*
Pitts Screw 30e 4 8* 8* 8* + *
Pitta Steel « 18* IS* 18*+ *
f PlttSt 6pfl’/ak 10 91* 91* 91*
Pittston Co 2 __ 1 42* 42* 42*+ *
Pljm Oil 90e 6 63* 63* 63* - *
Pot Elec Pwr »0 4 13* 13* 13*
Proct&Gsm3a 11 68* 67* 67*+ *
PuDStcCol 2.20 12 39* 39* 39*+ *
Pub 8 N J 1.40 14, 23* 23* 23*
tpub StcNJ Pf 8 120 135* 135* 135* + *
tPub STCNJ pf 7 160 119* 119 119*+1*
tpub StcNJ pf 6 360 106* 106* 106* + *
tp S N J *5 pf 6 130 93* 93* 93* + *
PubSveE&Gwl 1 23* 23* 23* - *
PubSvE&O pfwi 25 29* 29 29
Pullman le_ 10 45* 44* 45* + *
Pure Oil la ... 31 39 38* 387*
Pure OU nl 8 1 107* 107* 107* + *
PurityBak 2.40a 6 3 1 30* 307% + *
RADIO CRP HOe 86 14* 14 14* + *
Radlo-K-O .45e. 8 9 87* 8'/% - *
tRail Pur ora\ 50 97 97 97 +1
Rayonier Vie .. 2 33* 33* 33* — *
Rayonler of 2 . 1 33* 33* 33*+ *
Reading Cole 6 27 27 27
Reeves Bros le. 2 14* 14* 14* + *
Rem Rand lb 11 13* 13* 13*
Reo Motor! 2 Via 1 24* 24* 24* + *
Rep Aviation 19 11* 11 11 — *
Republic Picture 23 4 3* 3*
Repub Piet pf 1. 3 9* 9* 9* + *
RepubSteel la 41 31 30* 31 + *
Revert C* B1. 13 187% 18* 18*- *
Raiall Drug 70 7* 7* 7* + *
tRsy Met pf 6 Vi 20 101 101 101
Reynolds Spring 1 10* 10* 10* - *
Reyn Tob B 90e 19 36* 35* 36 + *
Rev Tob pf 3.60 1 92 92 92
Richfield OU 2 . 98 43* 41* 43*+2*
Rob-Ful Con Vie 36 11* 11* 11*+ *
RbtshPlpfl is* 4 28* 28* 28*+ *
RoyalType 1.60a 4 24* 23* 23*-*
Ruberold le 2 70* 70 70 + *
SAFEWAY ST 1 3 19* 19 19* + *
'Safeway pf 6 10 112 112 112
St JOsLeedlVie 13 38 56* 56* -1*
tSt L Southw 5e 10 127 127 127
St L San Fran 94 16* 16 16*+*
St L San F nf 6 26 46* 85* 46* + *
St Reels Pen 60 23 12* 12* 12*+ *
Say Arms Vie 14 14* 14 14* + *
SchenleyDistll 2 10 30* 30* 30*- *
Scott Paper 3 .20 1 49* 49* 49*+ *
tScottPa Pf8 40 20 93 92 93 +1
Scranton Elec 1 2 15* 15* 15*
Seab Air Line 45 26* 26 26* + *
SeebdALpf 7Vie 1 59* 59* 59*+ *
'-esrs Roebck le 46 41* 41* 41* + *
Seeger Rfgr .60e 12 12* 12* 12* - *
Servel Ine 30g 12 14 13* 14 + *
ShamrockO 1 60 9 35 34* 34*-*
Sharon Steel 2 14 41* 40* 41* +1*
Sherp * Doh 1 2 26 26 26 - *
BheafferPen.40a 1 13* 13* 13* + *
Shell Un Oil le 22 437% 43* 43* - *
Shertton Cp 40 1 6* 6* 6*
Simmons Co le_ 3 33* 33* 33*
S‘ncli1r OU 2 .. 47 29* 29* 29*+ *
Skelly Oil 2’ie_. 1151 151 151 +1
Smith A O 'ih . 2 32* 32* 32*
Smith&Sons •_*. 1 37 37 37 + *
Socony-Vac 1 06 21* 21* 21*
Solvay AM pf 4. 1 103* 103* 103* — *
So Am Gold V%e 1 4* 4* 4*
ynreroE&G* 64 7* 7* 7*
SCE&Q CTPfSVi 1 55 55 55 + *
So P RICO S Be 2 41* 41* 41*- *
SeastGreyL 1.60 2 14* 14* 14*- *
Sou Cal Edls 1 * 7 30* 30* 30* + *
Sou Nat Oat 1% 11 28* 27* 277%- *
southern Pee 4 17 60* 60 60*+ *
Southern Rwv a 8 48* 48* 48* + *
Snarks-W ,20e.. 5 7* 7* 7*
Soencer Kell 2. 1 26* 26* 26*-*
Sperry Corp 3_17 30 29* 30 + *
Solegel Ine . 11 12* 12 12*+ *
'Spiegel pf 4 Vi 60 71* 71* 71*+ *
Square D Co Vie 7 21* 21* 21*-*
3ouibb & Sons l 1 26* 26* 26*+ *
'SoulbbftS Pf 4. 50 102 102 102
S'and Brenda 2 7 26* 28* 28* +
Std Brand pf3* 1 89 89 89 -1
Std GsftB S4pf 8 26* 26* 26*+ *
Std G*E$7pr Dt 3 115 113* 113*-1*
Std OU Calif 2e. 21 72* 71* 72 - *
5tdOHInd2a 24 49* 49* 49*
Std OU N Jer lb 38 87* 87* 87* - *
V d OtlOhlo 1 Vi 14 34* 34* 34*
std BtJ oprg y f
StarrettL8 3 1 39 39 39 —1
Sterllni Dru* 3. 3 36 33?* 36
Steeena J P 2a_. 2 32?* 32?* 32?*- V*
3tok-V Camp 1 2 15>* IS'* 13'* + '*
Stoklee-V C of 1 3 19 18?* IS?* - V*
StoneAWeb Vie. 21 18 17’* 18 + '*
Studebaker 12 27?* 27«* 27V* - '/.
Sun Cbem .60.. 4 10 9?* 9?*— **
Sun OU lb 10 68'* 68'* 68'* + '*
Sunray Oil 80 34 14'* 14'* 14V* — '*
Suma* pf B 1 Mi 3 24V* 24V* 24?* + <*
Sunshine Bite * 1 41 41 41
Sunahln* If SO. 3 10<* 10>* 10'* + v*
Superheater la_ 7 27'* 27 27>* + '*
Superior Stl la 3 18H 18?* 18'*+'*
Sutherld Pan 2a 3 43 42'* 42'*+ '*
Sweet* C A l'*e 1 11'* 11'* 11'*- '*
SwlftAC# I 60a 3 33V* 33V* 33V4 + '*
Swift Inti .40* IS 16?* 16 16?*+ •*
STlean Blee 1 40 3 22 21?* 21?* + **
Syminr-Old Vae. 6 7 7 7 + i*
TENN CP .86* - 2 13*4 17'* 17'*- '*
lexaaCob 13 63?* 63'* 63V*+ '*
TexOnlfPre .86* 3 23'* 23?* 23'*+ '*
Tex dull Sul 2a • *7'* 66?* 67'* + ?*
rex Pee CAO1 a 3 52?* 52 52 - ?*
Tex A Pae Ry 6. 1 61'* 61'* 61i*+lVi
Textron la 3 16H 16?* 16?*+ '*
Thatch OM .SOe 6 8'* 7?* 8 - V*
tThatehpf 1.20k 20 79?* 29?* 29?*+ V*
rhomaProd 1V<* 3 35 34>* 55 + V*
Thompaon-Star 2 3‘* 3 3'*
Tide ffOU 1.20a 29 30‘* 30 30'*- V*
Timk-DAllele 6 22?* 22 22?*
nmk Bear 1 Vie- 3 50'* 30 50 - v*
Tranaamar '*a. 1* 12?* 12V* 12H + ?*
Tri-Con Co ■*» ** »?* *?* 0?* 4- '*
Truax-Tm 1.20 4 19 18?* 18?*— V*
Twent C-Pox 2 9 21'* 21V* 2l'*+ >*
20thC-Px Bf IV* 3 33V* 33?* 35?* - V*
ITwinCit prl'.ak 30 27'* 27'* 27V* + V*
Twin Coach 5 11’* 11?* 11?* - >*
UNDBRWD 1 '/.• * 37 56'* S6V4 - ?*
On Asb A Rub 1. 3 13'* 13'* 13‘* + '*
Union Bat 2a 3 36'* 36?* 36!* + '*
On Carbide ?*h 47 42?* 42?* 42'* - V*
*UnBl MoofH'+ 40 87'* 87 87 — V*
UnOil Cal 1.32* 13 38?* 37>* 38V* + V*
UnPaeiflenew 9 9S>* 94V* 95'*+ V*
Un Pacific pf n 3 51!* 51 51 — '*
UuTankOar 2.80 1 *0‘* 40‘* 40‘*
Onlt Air Una* * 13 13 15
Unit Aircraft 1* 13 29?* 29?* 29?*- V*
Onlt Carbon 8.. 1 33>* 33>* 33'*+ >*
□nit Clear Wbal 29 4?* 4>* 4?* + !*
United Corn_ 40 3V* 3?* 3‘* - V*
□nit Coro of 8 1 46'* 46'* 46‘*
Utd Elec Coal 1. 2 25‘* 25'* 25'*- H
□nlted Pruit 2a 16 54'* 53?* 53?*- H
□tdOasXmo 1.80 * 22 22 22 + V*
Unit M A li la x21 17 16V* 16?* - !*
□SAP Sec 1.86e 13 30?* 30'* 30?* - !*
□ S Gy plum 3 . 1110 110 110
□ 8 Leather ?i* 2 *?* 6'* 6?*+ '*
USLeathAltta 1 *9'* 29'* 29'*+ V*
0 8 Line**?* 10 17?* 17** 17?*
□ 8 Plywood la. 2 35 35 35 + V*
0 8 Rubbers* . 7 43 48?* 49
U 3 Smelt 1 Vi*. 2 33 53 53 + >A
US Steel 2>*a . 32 81?* 80’* 81V* + ?*
"STonac I 20 1 18!* 18'* 18'*- V*
Ut Strs.d of ?*4 4 10?* 10V* 10V* - V*
Utd Walloap Vie 9 5V» 5>* 5V*
Unie Lab 1 8V* 8V* 8V*
Univ LeafTob la 1 23 23 23 + V*
Unle Picture* 1. * 1*'* 1*'A ll?*
VAN NORM V*a. 1 13V* 13>* 13‘*
Vanadium »«e . 9 23 22V* 22'* + '*
Vertient-C 8 2a 9 14'* 14 14'* + v*
Va CarollnCbem 21 13?* 131* 13!*— V*
Va Rl&Pwr 1.20 25 17V* 17V* 17V* + V*
'Va SI A P pf 5 TO 1151* 115V* 115!* - V*
Va Railway*?*. 1 37 57 37 + V*
Rails Hold Spotlight
In Narrow, Uneven
Stock Market
By th« Associated Press
NEW YORK, July 6.—Railroad
issues took the play again today
in the stock market.
Fractional gains were posted for
a number of carrier issues while
the balance of the market jogged
along over narrowly uneven price
route.
Trading got off to a fairly lively
start but later dwindled to the point
of apathy. Business in th6 rails ac
counted for a large share of the
day’s activity.
Higher prices were paid Union
Pacific, Chesapeake & Ohio, Balti
more & Ohio, Northern Pacific. St.
Paul, Bethlehem Steel, Youngstown
Sheet, Caterpillar Tractor, enith
Radio and American Can.
On the minus side were Consoli
dated Natural Gas, Du Pont, Stand
ard Oil of New Jersey, Gulf Oil and
Loew's.
Nickel Plate retreated a little
under profit taking sales after a
recent sharp advance.
Solar Aircraft moved ahead in the
Curb. The company just reported
a net income of $800,967 for the
year ended April, compared with a
net loss of $509,065 in the preceding
year. Also ahead were Sterling
Aluminum Products, McCord Corp.
and Cities Service.
Washington Exchange
SALES.
Potomac Electric Power 3.80 pfd "A"—
to at 48.
Potomac Electric Power common—50 at
13**.
Potomac Electric Power 3 HO pfd "A"—
140 a' 48110 at 4H'4*
Washington Gas common.—10 at 26'4.
Capital Transit Co.—104 at 1H. 20 at 18
Potomac Electric Power common—150 »t
life i004,tat1;i3-*/.11 “ 13*’ 450 »*
PUBLIC UTILITY
BONDS
_ _ . Bid Asked
Am T&T cv db 244s 1857. 114** 115(4
Am TA:T cv db 2;,.s 1981 lot's 108‘,«
Cap Transit 1st ref 4s 1964 93*4 _
City i Suburban 6s 1948 loti
Georgetown Gis 1st 5s 1961 112 _
Pot Elec Pow 3(4s 1986 . 105
Pot Elec Pow 3(4s 1977.. 108 _
Pot' Elec Pow 3s 1983 ... 101(4 __
Washington Gas 5s 1980 122(a _
PUBLIC UTILITY
HTATRfl
Amer Tel At Tel 19) •155*«
Capital Transit 15*/* 16t*
N & W Steamboat (t41 170
Pot- Elec Pow com (.901 13(4 13’,
P El P 3,80'. pf “A" (1.801 45(4 48(4
P El P 3.60'c Pf ' B1' (1.801 45*2 4rt(j
Wash Gas Lt com (1.501 28(4 28*/«
Wash Gas Lt cu pfd (4.25) 102
Wash Gs Lt cu cv pf 14.501 104(4 106
BANK AND TRUST COMPANIES
Amer Sec At Tr new (tl.OO) •29(4 31
Bank of Bethesda (+1 501 40 _
Capital (.90) . _ _ 27(4 _
Com At Savings (tlO) 350 _
Liberty (8i _ __ _ *312 _
Lincoln ( t 6 > _ 330 _
Natl Sav At Tr (8 00) 420 _
Pr Georges B Ac Tr (tl.OO) 30
Riggs 112> ... 320 335
Union Trust Co (tl.OO) .. •38 40
Washington (6i ... 190 _
Wash Loan At Tr (12) oJO
EIRE AND TITLE INSURANCE.
American <t6> 160
Columbia (t.30> _ _ 12(4 13(4
Firemen's (1.40) . _ 31 . ..
National Union (.75)_ 16 19
Real Estate (t6) 192 _
MISCELLANEOUS.
Carpel Corp (2.00) . 26 30
Garfinckel com (1 50) 19'4 21(4
Garfl 6(47* cu cv pf (1.375) 24V* 257a
Gari 4(47* cu cv pf (1.125) 21 ‘4 22‘4
Hechi Co (1.601 *26 27(4
Hecht 3*,4*1 cu pf <3.751. ’91 93
Lanston Mono <t2.00) 23 25
Mergenthaler Lino (a.1.501 51 (4 54
Nat l Mtge &. Inv pf (p.45) 8
Peoples Dr St com 1 + 1.601. 34 36
Security Storage (t5l .’108 125
Ter Ref A Wb Corp (3) 60
Wdwd At Loth com <t2 00>. 32 35
Wdwd At Loth pf new (oi 104
* Ex dividend, b Books closed, t Plug
extra nr extras, a Paid ao far thla year,
p Paid 194_7._
Chicago Grain
CHICAGO. July 6 opi—Corn broke the
8-cent daily limit during the morning ses
sion at the Board of Trade today.
The July contract was under consider
able pressure most of the morning and
shortly before noon sold for 2.04(*. after
a sharp continuation of Saturday's long
liquidation.
Other deliveries of corn were weakened
by th* break In. the July contract.
Wheat also was weak on reports of
record over-the-hollday receipts at Kansas,
where 4.578 cars broke the previous mark
for three days set July 5. 1938. when
3,579 cars were received.
One of the Influences In the decline of
July corn was the excellent progress the
present crop is making. One broker said
the conditions for a record crop could
not be better. In the cash market corn
was selling a half to two cents under
Saturday's prices.
At noon wheat was 14 to 11 a lower than
Saturday's close. July. 2.27*4. Corn was
1 to 7*.* lower. July. 2.05. Oats were (4
higher to 1 lower. July. 87, and soybeans
were 2 to 2(4 lower. July. 4.05(4.
New York Cotton
NEW YORK. July 6 UP).—Cotton fu
tures ’svere easy in moderately active
trading today. The market was under
pressure of scattered liquidation partly
reflecting evening-up operations in nearby
July, prompted by the continued slow'
export demand for old crop cotton sup
plies.
Some selling was predicated on high
cotton acreage ideas, which centered
around a figure of 24.000,000 acres, com
pared with 21.500.000 planted last year.
The Government cotton acreage report
will be issued on Thursday of this week
There was some fair trade selling in
nearby October and December, which deal
ers attributed partly to hedging opera
tions against new crop commitments.
Late afternoon prices were 40 cents ic
#1.45 a bale lower than the previous
close. July. 34.95; October, 32.23, and
December. 32.04._
Market Averages
STOCKS. 30 15 16 60
Indst. Rails. Util. Stks.
Net change_unc. -.1 unc. unc.
Today noon_96.T 47.4 42.0 71.R
Prev day _ 96.9 47.3 42.0 71.8
Week ago _ 96.1 45.3 42.0 ,0.,
Month ago_9R.1 44.7 42 0 <1.3
Year ago_ 94.5 34.R 43.1 66.6
1948 high_98.7 47.3 42.3 71.8
1948 low_ 83.3 34.2 38.0 00.3
BONDS. 2o 10 10 10 10 Low
Ralls. Indst Util. Pgn Yield
Net change unc. unc. unc. —.2 unc.
Today noon 92.5 101.2 10(1.7 62 5 loo.H
Prev. dav 92.5 101.2 lOn.T 62.3 109.6
Week ago 92.7 101.3 100.6 62.3 109.8
Month ago 93.2 101.7 101.8 62.0 110.5
Year ago 92.8 103.5 105 6 72.4 114.9
1948 high. 93.7 101.8 102 0 66.9 110.6
1948 low 87.7 99.9 98.0 60.2 107.2
(Compiled by the Associated Press 1
Sales—
Stock and Add - Net
Dividend Rate 00 High. Low 2:30 ehge
WLGREEN 1.60 10 32% 32% 32%
(Walgreen pi 4 10 101% 101% 101% — %
Walker Hir 1 M>e * 24% 24% 24% + %
Walworth 40e 13 12% 12 12% + %
Ward Bak 30e_ 8 15 14% 15
Warner Bros 1- 20 11% 11% 11%+ %
warren Fndry . 1 27% 27% 27% - %
Warren Pet 80 1 30% 30% 30% - %
Wash OasLt 1 % 4 26% 26% 26%+%
Waukesha Mot 1 1 19% 19% 19'%+ %
Webster 1 obac 1 6% 6*% 6% + %
Wesson 011 2s/,* 3 63% 62% 63%+1
'Wesson Oil of« 70 84% 84 84% + %
WstlndBugl%a 18 21'% 21% 21%+ %
W Penn Klee %e 29 19% 19% 19%+ %
tWs PenQ El A 7 40 112 112 112 +1
.W, Penn El pf7 20 117 117 117 + %
«Ws Penn El pf6 90 106% 106% 106%
>W PenPw nf4% #0 111% 111 111%
WVaCAC.70e 6 2 1 20S% 20% - %
WesternAlr Ling 3 8% 8% 8% + %
Western Md 48 16 15*% 16 + %
West Md 2nd of. 5 34 32% 34 +1
West Pacific 3 . 1 35% 35% 35%+1%
West Un Tel 14. 6 22'% 22% 22'%+ %
West Air Brk 2. a 37»% 37% 37%
Westing Elec 1. 30 30% 30 30*%+%
Weston El In 2. 1 38 38 38
Westvico 1.40.. 1 46»% 46% 46%+%
Wheel Steel 2 5 54% 54 54%+1%
•WheelStl orofS 30 86*% 86% 86% + %
White Mot 1.00 10 23% 22% 23 + %
white Sewing M 5 21 20% 20%
♦WhiteSMnf lk 190 107 107 107 +1
Wilcox 011 40a 1 17 17 17 - %
Wlllys-Overland 7 11 10% 10%
Wllson&Co 1 tie 9 15'% 15% 15'%+ %
Wllson-Jones+«e 1 16% 16% 16%
Wise Elec Pwr l 14 16% 16% 16%
Woolworth 2n . 12 48% 47% 48% + '%
Wor P At M * ,h. 11 22% 22% 22%+%
<WPMcvorof4*% 80 88 87 88 + %
'Wthng prnf4% 90 75% 75% 75% - %
'WrlghtAero 5g 50 73% 73% 73% + %
Wrlxley W Jr 34 2 67% 67 67
WygndWor 40. 1 10% 10% 10%+ %
YORK CRP % . 6 15% 15% 15%+ %
York CP Pi 2*4. 1 47% 47% 47% + %
YounxSprsW 1 2 22 21% 22 — %
Yount Sh*T 4* 10 65% 84% 85% +1%
Yn*stStlDoor 1* 4 18% 18% 18*/*+ %
ZENITH Rlt*e 52 32% 31% 32%+3%
Zonlte Prod 10. 4 5% 5% 5% + %
Hourly Sales •• ska kaakaaas Taker:
11-OOam 220000 12 OO noon 390 000
1-00 p m 520 000 2 no o m 660 000
tUnlt of trading. 10 shares *ln bank
ruptcy or receivership, or baint raoriantted
under tbe iankruntej Act. or securities
assumed by such companies Rate, of
dividend! In the foregoing table are annual
disbursements based ontba last quarterlj
or semi-annual declaration. Ones* other
wise noted, specie! or extra dividend* are
not Included x El dividend xr Ex rights
a Also extra or extras b Plus stock divi
dend. d Cash or stock e Declared or paid
so iar this rear, f Payable In stock, esti
mated '.sh value on ex dividend date
* Paid last year, h Declared or paid after
stock dividend or stock spllt-up. k Accum
ulated dividend, paid or declared this rear I
.Payable In stock, exact cash value unde
termined on declaration data.
/
N. Y. Bond Market
(Famished to the Aeeeetetad Preee.>
SELECTED LIST OP ISSUES.
TREASURY 2:30 Hud Coal 6s 62a 96
Australia 6s 66 101% Hud AM rf 5s 57 <4
Bras8% 26-6'st 42% 1C 4%s 66 89%
Canada 4s 60 103% jcc StL 6s 63 A 9B%
Chile SsJanSl a 27% ni Ter RR 4s 70100%
Oenmk 4 '4s 62 6#% IntGtNor 6s 52 38%
Orkr7s 64 Pt Dd 9% Int G N Ist6s52 66*4
Netherln 3% 57 91 Kan C Sou 4s75 103
Norway 4V4s 58 81 KCTerm 2Hs74 99
Peru 2nd es^l 16 LacIedeGs4*463 109%
SerbsCtsSl 8s 62 7% Lautro N Inc 75 89%
Urst sj 4'4s 79 76 LehV«14Hs2003 40*4
DOMESTIC 2:3n Lch Vsl 4s2003s 37%
AmAF P 5s2030 96% Lone Isl rf 4s49 100%
Am TAT 2*4857 115 M-K-T 1st 4s90 77*4
Am TAT 2Hs61108 Mo Psc 5 ‘is 49 29%
Am TAT 2Hs80 93% Mo Pac 5s 65 A 88
Am TAT 2».s82 94% Mo Pac 5s 77 F 88
*mTobaCco3s<52 102% Mo Pac *n 4s 75 48%
AmTobscco3-69102% MorAE3*as200n 59
A T S F 4s 95 122% NYC 4'4s2013A 72%
Atl Dnv Ist4s48 49% N T C con 4s 98 65%
Atl Dnv2nd4s48 33% NYCHR 3' as 97 85%
AtlRefln 2Hs68 99% NYNHin4*aS’22 48%
BaltAOb 5&75B 94% NYNHH 4S2007 72
BAO cv 4*42010 54% NYOW rl 4s 92 10%
B A OPLE 4s 80 89% Nor P clt 4*4175104
Bans A cv 4s 61 96% Pac GAE 3s 74 101*4
BufRochAP57st 66% PennCtAlr3*4s6( 44
Bush Term Bs55 91% PennRR*4*4s65104%
Can Nat4V»s51 107 PennRR 3*4*52 99%
Can Pac 4a pern 94% PereMar 3Ha SO 99
Cent Ga 5%s 59 14% Phtla Co 4*'«*6I 105
Cent Ga 5s 59C 14% Phila El 2Hs 67 101%
Cent Ga cn5‘45 75% StLSF 4%s2022 63%
Cent Galst5s45 82% StL SW rf 6s 90 101%
CenPaclst4s491C2*M, Seab In4'4s2016 72%
Cn RR NJ 5s 87 73 Shell Un 2‘4s71 95%
ChiIAL4*42003 55 Soeony-V2*as76 94*4
CMStP4'4s2019 73 SoPaciflc4'4s81 95
CMStP4>482044 60% Sou Psc 4*4s 69 96*4
ChiANW 4*4s99 69 8tdOilNJ2Hs71 94
CRIPln4%s2019 87 Texas Coro 3s65104%
ClnUnTr 2Hs74 100% TPMPT 3Hs 74 101
Cons Ed cv 3s63 109% Third Ave 6s 60 60%
Del P A L 3s 73 102% TolAOC 3Hs60 99
DAR in 4*42018 69% VaElA>Pw3%s63111
□et Edison 3s70104 WsPenPr3'4s60 108*4
Dua Lt 2Hs 77 98% West Md 4s 52 101
Erie 4 tis 2015 72% West Dn 5s 61 100
Gt Nor 6*35 52 111 West Dn 5s 60 93%
GMAO 3Hs 69 99% Wis Cn 4s 36SD 41%
N. Y. Curb Market
LIST INCLUDES ONLY SELECTED ISSUES
2:3ii| tmnTobCan 40a 11%
AlrWay El A .60 7% Int Petol re* % 13%
Aireon Mlg Co % mt Utilities 1 12%
Alum Ltd 2 54 invest Rot 04a 2
Am Bantam Car 2% Kirby Pet 20g _ 19
Am CP&LB .15* 7% Lgnston M 2a 23%
Am Oas & El lb 39% Leonard Oil Dev %
Am Gen 05e 2% Lit Brothers 8%
Am Maracaibo 6% Lone Star Gas 1 23%
Am Sunernower 1% Long Island Ltt %
Apex Elec 60e 11% McCord Crp Vie 41
ArkNGas A 2Ue 7% McWill Drd* 60 10%
Ashland Oil 1 21% MdSPAvtcl.20e 28%
Atlas Corp w w 6% Mid West Crp 61 10%
Barium Steel 7% Midwest Oil la 22%
Blue Ridge .40* 4 Mid-West Refin 4
Breeze Corp 9% Nat Bellas 20* 4%
BrwnF Dlst 80a 25% Nat Fuel G 80 11%
Brown Rubber 1 11% N Jers Zinc l'/i» 70%
Bnk Hill & S '/i* 23% Niagara Hud Pr 9%
Burma Ltd ... % Niag Sh B 15e 11%
Callite Tun* 3% Pantepee 1 28.. 20%
Can Marconi __ 2% Pennroad 40*.. 6%
Carr Cons Blsc. 4% Pioneer Gold . 2%
Catalln Am 6% Piper Aircraft _ 3%
Cen&S W Cp ?C 9% Pltney-Bow 60* 12%
Chi & So Airl 7 Producers Corp 2%
Chi&So Alrl vtg 7% R-K-O opt war. 2%
Chief Cons Mng 1% Ravtheon Mfg 8%
Cities Service 2. 63% Rotary El Stl le 39%
Claude Neon 3% St Lawrence Cp _ 10%
Colon Develop 8 StLawrence of 1 37%
Colonl Sd&S .40 6% SaltDomeO i’/.f 10%
Colts Mlg Bk* 35% Savoy Oil _ 2%
Coml & Sou war %i Savo.v Oil rt %
ConsGEBalt3.60 64% Simplic Pat 40a 7%
Copr Range Vie. 14% Solar Aire .30e 12%
Cub Atl Sug 2a 18% Solar Mf* 5
DetGraylr .20* 3% SoCalEd pf 1.14 28%
El Bond&Sh V4* 15% Std Cap & Seal. 12%
El Pw & Lt ww . 6% Std Power & Lt 2%
Eoulty Corp .. 2% Std Thom Corn 4%
Eureka C Ltd . 2 Sterl Alum 10e 23
Fairchild E & A 5 Technicolor Vie 12%
FansteelMet'.i* 13% TobSLtdD 116e 1%
Garrett Corp.80 15‘4 Toklan Roy 06a 4%
Gleaner H 120a 28 Tri-Conti w w 3%
Glen Alden C 2. 23% Unit Aire Prod 5%
Goldfield Cons 44* United Corp ww %
HammerPap -^e 45 UnitLt&Rys 69e 22%
Hecla Min 1 13% UtShoeMac 2Via 55
Humble Oil 1 Vi* 80% Ut-IdahoSu.lSe 3
111 Power pf 2Vi 55% Venezuela Petr. 9
lmo Oil Ltd Vi 14% Venez Syn 15e. 5
Imp Oil Ltd rtwl 1V4« Ward Bak war. 5%
Chicago Livestock
CHICAGO. July 6 (If'.—Salable livestock
receipts at principal markets today:
Hobs. Cattle. Sheep.
Chicago _lo.noo 8,ono 3.000
Kansas City - 1,500 4.500 3.500
Omaha _ 8.000 h.5()0 l.oOO
East St. Louis_ 8.000 3.000 3,000
3t. Joseph _ 3-000 1.900 1,000
3ioux City _ 8.000 3.500 900
South St. Paul- 7.400 4,100 800
Indianapolis _ 10,000 ‘-'999 299
Cincinnati _ 3.500 1.200 600
Port Worth _ 700 3,100 4,500
Pepria - 3.500 < 00 .00
TTie Chlcaga hog market opened today
about steady to 25 cents a hundred
pounda higher than on Friday, the last
active trading day. The early movement
a-as on butcher weights 230 pounds and
oelow. most taking SC8.50 to $29.00 and
I top mark of $29.26. Cattle and sheep
were considered steady.___
Visible Grain Supply
CHICAGO, July 6 Ofi.—The visible sup
ply of wheat increased this week 6.539,000
bushels to a total of 52.717.000 bushels,
the Board of Trade announced today.
Corn increased 12.000 bushels to a total
of 5,087.000 bushejs. Oats decreased 3.
000 bushels to a total ol 1,440,000.000
bushels. Rye decreased 75.000 bushels to
a total of 436,0000 bushels. Barley de
creased 668,000 bushels to a total of
4.890.000 bushels, and soy beans deedeased
206.000 bushels toa total of 1.065.000
bushels.
Foreign Exchange
NEW YORK. July 6 lift.—Foreign ex
change rates follow (Great Britain in dol
lars, others in centsc
Canadian dollar in New York open mar
ket. 7 per cent discount or 93.00 United
States cents, up Vt of a cent.
Europe—Great Britain. $4.03'a, un
hanged France (franci. .323< of a cent,
down 00,'«: Italy (lira), July fixed rate
001739. June .001739; Sweden (krona'.
27.85, unchanged; Switzerland (franc)
commercial*. 23,40. unchanged.
Odd-Lot Dealings
The Securities and Exchange Commis
sion reported today these transactions by
customers with odd lot dealers or special
ists on the New York Stock Exchange for
July 2: 3.969 purchases involving 117.8,2
shares; 4.1.37 sales Involving 108.nP9
shares. Including 19 short sales involving
645 shares^___
Erie Railroad will purchase four
steel car floats, 10 barges and 15
lighters for its marine fleet at an es
timated cost of $1,777,628.
Philco Corp. appointed Radcliff#
L. Romeyn vice president and fac
tory export manager of the inter
national division.
Crude Oil Production
Declines From Peak
By the Associated Press
TULSA. Okla., July 6.—After soar
ing for six straight weeks to new
all time highs, the country’s crude
oil production dropped during the
week ended July 3, the Oil and Gas
Journal reported today.
The journal gave the week’s aver
age daily production as 5,471,730 bar
rels, 22,720 barrels under t]tf previ
ous week's figure.
Principal declines were listed for
the following areas:
The Eastern area, down 4,400 bar
rels to 62,950 barrels: Michigan, off
3.450 barrels to 42.300; Kansas. 2.200
to 300,400: Oklahoma, 12.900 to 417,
950: Arkansas. 1,740 to 81,260: Wyo
ming, 1,020 to 143,780. Increases in-:
eluded: Indiana, up 1,200 barrels to
21.000; Texas, 1,955 to 2,549.330.
New York Produce
NEW YORK. July 6 uP>.—Butter ftwo;
days' receipts*. 665,192: firm Wholesale)
prices on bulk cartons: Creamery, higher;
than 92 score and premium marks (AA>. i
82 V«: 92 score (A). 80; 90 score <B). j
7734-78; 89 score <C». 75*2 <new tubs
usually command 4 cent a pound over
the bulk carton price).
Egg prices were firm in the wholesale
market. Two days’ receipts totaled 20.196
cases. Spot quotations follow:
Midwestern, mixed colors—Fancy heavy
weights. 51-53; extra 1 large. 49-50; extra
2 large. 47-48; extra 1 medium. 454
474 Current receipts. 44 4; dirties. 40
404; checks. 88.
Whites—Fancy heavyweights. 54-55; !
extra 1 large. 52-53; extra 2 large. 48- ,
50; extras 3 and 4 46-47; extra 1 me
dium. 50-524.
Browns—Fancy heavyweights. 54-55;
extra 1 large. 52-53; extra 2 large. 47
49; extras 3 and 4. 46-47; extra 1 me
dium. 47-48.
Nearby—(Top quotations on nearby
white and brown eggs represent highest
wholesale selling prices for the finest marks
available. And not paying prices to pro
ducers or shippers.) Whites, extra fancy
heavyweights. 62-63; fancy heavyweights.
60-61: others 58-59; mediums. 57-59?
pullets. 45-47. Browns, extra fancy heavy
weigfits. 63-64; fancy heavyweights. 61-62;
others 58-60; mediums, 57-59; pullets. ,
44-46. _
Chesapeake & Ohio Railway ap-!
pointed Douglas B. Jones assistant
director of public relations.
II INVEST WITH SAFETY
I Receive Extra Income
| Twice a Year
You con enjoy extra income
and security from your idle
funds. Your savings Federally
Insured. Open your account
i today and add to it as you
I wish. Stop in or phone for
5 full information.
WE WELCOME
YOUR ACCOUNT
I
FEDERAL SAVINGS
& LOAN ASSOCIATION
1631 K ST. N.W. EX. 0748
FRED A. SMITH
President
NOW IS
THE TIME
TO SAVE
Years come and go—
sooner than you think
the day arrives when
you must live on what
you have saved. Start
now—put part of your
earnings in a savings
account here — guar
anteed up to $5,000,
while earning regular
dividends. Start now
and stick to it!
mm &
1337 GN.W. RE. 0262
Branch Tokoma Park
“WHAT'S NEW AT
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ir The superlative comlort of
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SAFETY ASSURED
ON SAVINGS AND INVESTMENTS ;
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Columbia Federal Savings and Loan Association was
the first of its kind in Washington to provide savers
and investors with the benefits of Federal Insurance.
Your account here will receive maximum earnings
consistent with the highest type of security.
Dependable Dividends Twice Yearly
Large or Small Savings Welcome
COLUMBIA FEDERAL SAVINGS
AND LOAN ASSOCIATION
730 11th St. N.W. RE. 7111
The National City Bank of New York
Head Office: Branches
Fifty-five Wall Street Throughout the World
^rnmmmmm———wmmmamwmtmmmmMmmm■
Condensed Statement of Condition at of June 30,1948
IRCLUDIKG DOMESTIC AKD FOREICR BRANCHES IDT HOT IRCLUDIKO
THE AFFILIATED CITT BANK FARMERS TRUST COM FART
(Jn idler: only—tents omitted)
ASSETS
Cash, Gold and Due from Banka . . >1,461,486/197
United States Government Obligations
m (Direct or Fully Guaranteed) . . . 1,788,510,291
Obligations of Other Federal Agencies. 20,026,/21
State and Municipal Securities# ■ ■ 245,22#.,036
Other Securities ...#•••• 82,591,319
Loans and Discounts #■#••• 1,308,134,577
Real Estate Loans and Securities . . 2,682,9/7
Customer*’ Liability for Acceptances. 37,020,477
Stock in Federal Reserve Bank. . . 7,200,000
Ownership of International Banking
Corporation ..#••••• 7,000,000
Bank Premise*. 28,128,039
Items in Transit with Branches $ • 6,115,365
Other Assets #•••»••• « 1,561,915
Toui. . >4,995,6-9,8-4
UABIU11U
Deposits.. $4,645,527,271
(Includes United States Wat
Loan Deposit $37,481,988)
Liability on Acceptances
and Bills .... $50,217,295
Less: Own Acceptances
in Portfolio. . . 10,425,319 39,792,976
Reserves for:
Unearned Discount and Other
Unearned Income . . . . . 1,370,967
Interest, Taxes, Other Accrued _ .
Expenses, etc... • 25,9/1,263
Dividend .. 4,650,000
Capital. ..••>$ 77,500,000
Surplus. ..... 162,500,000
Undivided Profits • ■ 34,36 ^350 274,367,350
TtUi ...*;•.$^>9L679334
FI fare* of Foreign Branchs tr* u ti Jbm 2$. 1048
$302,660,241 of United Suts Government Obligations »nd$2,272 20* ofother
to secure $228480,560 of Public and Trust Deposits and for other purpoes required or permitted hr
• {Uembtr Federal Depost: Inner once Corporation)
Chairman tf tht Board Chairman of tht Executive CommittM President
Wu. Gam B*ady, Jb. W. Randolph Bmgem Howaed C. Shepiw ^
— -————■wmmmmmmmmm——■

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