OCR Interpretation


Evening star. [volume] (Washington, D.C.) 1854-1972, December 27, 1948, Image 11

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1948-12-27/ed-1/seq-11/

What is OCR?


Thumbnail for A-11

Pepco Increases Net
Under New Sliding
Scale Rate Plan
By Nelson M. Shepard
Potomac Electric Power Company
reported today the first application
of the new modified sliding scale
plan of rate regulation had enabled
It to increase the book value of No
vember net income to $1,013,771
from an actual net income of $300,
259 from operations during that
month.
That was accomplished by trans
ferring $713,512 from the deffered
credit account to income, with the
approval of the Public Utilities
Commission, in order to provide net
operating income equivalent to 5*s
per cent of the company’s rate base
for 1948.
As a result, the November month
ly report to PUC showed, net in
come for the first eleven months of
the year was $3,468,463, or an in
crease of $731,241 compared with
$2,737,222 for last year.
Under the sliding scale plan, sums
set aside from income of prior years
pursuant to commission orders may
be used to augment income in any
year in which operating income is
less than 5li per cent erf the base
rate.
The company reported that ac
tual net income from operations
during November, reflecting some of
the advantages of the recent rate
Increase, revealed an increase of
*37,257 over the same month last
year.
While operating costs continue to
mount, November reflected a con
tinued offsetting increase in kilo
watt-hour sales, which amounted to
about 5t4 per cent above November,
1947.
Comparing November, 1948, with
the same month last year, operating
revenues were *2,759,222. This was
an increase of 17.86 per cent. Total
opearting costs mounted to *2,308,
342, an increase of 16.49 per cent.
The greatest increase in such costs
was reflected in fuel and inter
change, which was slightly over 24
per cent. Net Interest charges and
other deductions amounted to *150,
620, an increase of *54,115.
B. & O. Net Above 1947.
Net income in the first 11 months
Ohio Railroad in November amount
ed to $2,101,413 against *1,316,775 in
November a year ago, an increase of
*784,638, officials announced today.
Railwav operating revenues totaled
*33,475,231, compared with *31,544,
856 in the same month last year, an
increase of $1,930,375. Operating ex
penses were $1,399,739 heavier than
a year ago, leaving a gain in reve
nues from operations of *530,636.
Net income in th e first 11 months
of 1948 reached $21,144,544 as com
pared with $7,523,783 in the like 1947
period, an increase of *13,620,751. An
increase of $39,934,009 in freight
revenues, reflecting the increase in
rates and *1,027,334 in mail income,
were leading factors in the upswing.
Railway operating expenses in the
11 months were up *23,956,883. Oper
ating income totaled *40,712,772, up
*14,355,064.
Gets Shipping Post.
John E. Schmeltzer of 4420
Brandywine street N.W. has been
appointed vice president of the
Prudential Steamship Co. of New
York City. A graduate of the
Georgetown University School of
Foreign Service, he served three
years with the United States Coast
Guard here and abroad in the Port
Security Command. He is a son
of the late J. E. Schmeltzer, na
tionally known marine authority.
The Caloric Stove Corp. of Phil
adelphia, which maintains a ware
house inventory in Washington, has
announced a dealer financing plan
new to the gas range industry. The
new plan sharply reduces dealer
inventory and warehousing costs
and at the same time is said to
provide a completely representative
line of Caloric ranges in the dealers’
showrooms.
Business Briefs I
Railroad Earnings in 1948 were
Inadequate to meeting increasing
operating coats, but the carriers set
new all-time records for efficiency—
Association of American Railroads.
From net income of barely 4 >4%
on their investment, they had to
pay interest, rentals and other fixed
charges, the association said.
Public Construction in 1949 will
rise 25% above 1948, according to
J. W. Follin, assistant administrator
of public works. Of an expected
outlay of $5,000,000,000, an estimated
$1,750,000,000 will go for highway
construction, a gain of 15% over
1948.
Chain Stores Spent $457,000,000
In 1948 for store construction and
modernization, a rise of 18.3% from
the 1947 record—Chain Store Age.!
However, the total number of stores!
did not change as most of the newj
construction was for relocated stores. I
Montgomery Ward & Co. cut prices
on many items in its midwinter j
sale book. Soft goods were cut up!
to 35%, appliances up to 30% and;
poultry supplies between 10% and!
25%.
Bigelow-Sanford Carpet Co. in
creased prices of its woven line of
carpets 3%, effective January 3.
Armstrong Cork Co. raised prices
of its metal bottle caps 1V2 to 2
cents a gross because of higher costs
of labor and tip plate.
Atlantic Refining Co. announced
a price cut of 25 cents a barrel on
heavy fuel oil. *
Willys-Overland Motor, Inc., an
nounced that production had started
on a new six-cylinder station wagon.
Reading Co. net income for 1948
was estimated at between $5.14 and
$5.50 a common share vs. $3.87 in
1947.
Atchison, Topeka & Santa Fe
Railway earned $58,175,986 or $21.62
a share in 11 months ended Novem
ber 30 vs. $41,632,703 or $14.81 a year
earlier.
New York Central Railroad System
net income for 11 months ended
November 30 was $15,480,485 or $2,40
vs. $945,151 or 14 cents in the same
1947 period.
Illinios Central Railroad System
earned $18,617,810 or $12.95 in 11
months ended November 30 vs. $13,
248,387 or $9 a year earlier.
Wabash Railroad net income for
11 months ended November 30 was
$9,808,423 vs. $6,706,588 in the same
1947 period.
Wheeling & Lake Erie Railway
earned $8,467,207 or $23.54 in 11
months ended November 30 vs.
$5,786,542 or $14.35 a year earlier.
Pittsburgh & Lake Erie Railroad
net for 11 months ended November
30 was $7,226,387 or $8.37 vs. $5,448,
858 or $6.31 in the same 1947 period.
Texas & Pacific Railway earned
$6,288,689 or $13.42 in 11 months
ended November 30 vs. $4,698,974 or
$9.32 a year earlier.
Western Maryland Railway net
for 11 months November 30 was
$5,662,762 v«. $4,922,416 in the same
1947 period.
! N. Y. STOCK EXCHANGE
(Furnished by the Associated Frm)
Sales
Stock and Add Net
Dividend Rate. 00. Bleb. Low. 1:15. cbge.
ABBOTT L2.0Oa 3 67* 67* 67*+ *
♦Abr&Str 4*e.. 10 76 76 76 -5
A C F-Brlll Mot. S3 2* 2*
Adams Ex l.lOe 5 IS* IS* IB*
Admiral Cp ,60a 6 19* 19 19
Air Reduction 1. 39 19* 19* 19*-*
Alaska Juneau. 2 3* 3* 3*
Aldens Inc 1 * .. 2 14* 14* 14*
Alleghany Corn 29 2* 2* 2*
Alleghanv Cp pf 1 46 48 48 + *
Alleghany pr pf 1 66 66 66 -1
Alleg-Lud Stl it 10 24* 24* 24* + *
Allied CAtDye 6a 3 179* 179 179* +1*
Allied Mills 2a.. 1 26* 26* 26*- *
Allied Strs 3 7 28* 28* 28*- *
Allis Chaim 1.60 20 27* 27* 27*
Amerada Pet 3a 2 92* 92* 92* + *
Am Agrlcul 3a 1 35 95 35 + *
Am Airlines ... 35 8 7* 7*- *
Am Bosch le 1 11* 11* 11* + *
AmBrakeSh2'4e 14 33* 32* 32* — *
Am Broadcast 22 9* 9* 9* + *
Am Cable & Rad 14 3* 3* 3*
Am Can 3a 4 81* 81* 81*
♦ Am Can pf 7 120 174* 173 174* +1
Am Car&Fdy 8e 5 32* 32* 32* + *
AmChndtC 1 40a 10 21* 21* 21*+ *
Am Chicle 2a 6 43* 42* 43
Am Cyamld l*a 7 40* 39* 39*-*
Am Distillers 2 5 30* 30* 30*
Am Export L 2 10 13* 13* 13* - H
Am A Frgn Pwr 19 1* 1* 1*
AAtFPwr7pf5'/«k 6 46* 45* 45*- *
Am&FPSflpf4thk 1 40 40 40 - *
Am&F Pwr 2 pf 8 6* 6* 6* - *
Am Hide A Lea 6 3* 3* 3* - *
Am Home 1 20a 6 25 24* 25 - *
Amice 60e 3 5* 5* 5*
Amlnternat 06e 2 12 1? 12 — *
Am Loco 1 40 11 17* 17* 17* - *
Am MchftPd 80 8 13* 13 13
Am Mch&M He 2 7 6* 6* + *
Am Metal 2e .. 3 29* 29* 29* + *
Am Molas .40 . 1 6 6 6
Am Power * Lt 6 8* 8* 6*
Am P&Lt$6pffik 2 66* 86* 86*
Am P*LtS5pf5k 3 74* 73* 73* -1*
Am Radlat 1 tie 10 14* 14* 14* - *
Am Safe Raz * 1 6* 6* 6* - *
Am S4R 5'/ie 7 54* 54* 54*-*
♦ Am Sm&R pf 7 1 152 152 152 +1
Am Snuff 2a . J 35 35 35
Am Stl Fd 2.60e 4 26* 26* 26*-*
Am Stores 1.40a 1 21* 21* 21*-*
Am Stove 1.20p 1 11* 11* 11*+*
Am Sum ToB 2 2 17 17 17
Am Tel A Tel 9 15 149* 149* 149*
Am Tobacco 3a 15 67* 62* 62*-*
tAm Tob pf 6 1 136 133* 136 + *
Am viscose 3a 6 63* 63 63* +1*
♦ Am Viscose Pf5 20 118* 116* 118* + *
Am Wat W 60e 1 7 7 7 + *
Am Woolen 6a 6 35* 35* 35* - *
AmZincL&S .20 2 5* 5* 5* + *
AnaconCop S*e 19 33* 33* 33*- *
♦Anacon Wire 4e 160 33* 33 33
And-Prich la 7 72* 22* 22*
Andes Copper le 4 10* 10* 10*
Armco Steel 2b 30 23* 25 25 - *
♦Armco Stl of4*130 90 89* 89*
Armour&Co.90p 55 7* 7 7 — *
Arms Cork 1.60a 4 47* 47* 47*+ *
Artloom Crpt lb 4 11* 11* 11*-*
Assd Dry O 1 60 2 13* 13* 13*
♦Asso D Q 1st 6 20 99* 99* 99*+*
Assoc Inv2*a 1 31* 31* 31*-*
Atch T*SF 6a 9 101* IOO* 100*
Atch T&SF pf 5 2 103 103 103 - *
ATP Inc lb 2 14 14 14 - *
Atl Coast Line 4 3 46* 46* 46*+ *
Atl Refining 2e 10 39* 39 39* - *
♦Atl Refin pf A 4 80 108 108 108 +1
Atlas Coro 1 60 13 20% 20 20% + %
♦Atlas Pwd 2'4e 1 34 54 54 +1
Autocar Co '/«p 4 7% 7 7
AutoCanteen 1. l 11% 11% 11%-%
ArcoMfg 60e. _ 27 7% 7% 7%
BALDWIN le... 8 11% 11% 11%
Balt* Ohio 30 10% 10% 10% - %
BaltAOhlo pf la 2 20% 20% 20%-%
♦Bang A Ar pf 6 50 68% 68 68 - %
Barker Bros 2a 6 21% 20% 21%+ >4
Barnsdall 011 3a 2*44% 44% 44%-%
Bath Iron Wk la 2 11 11 11
Bayuk Cigar 1% 14 16% 15% 15% - %
Beatrice Pds 2a 1 31% 31% 31%-%
Beaunit Mills 2. 2 20 20 20
♦Beck Sh pf 4% 20 72 72 72 -1
Bendlx Avia 2a 4 35% 33% 35% - %
BndxHomeA 1 % S 10% 10% 10% - %
Bene In LS4pf4. 2 90 90 90 +1
Best A Co 2 ... 1 25% 25% 25%
Best Poods 2a 1 28% 78% 28% - %
Beth Steel 2.40h 7 34% 34% 34%+ %
Btgelow-S 2.40a 4 28 28 28 + %
Blaw-Knox la 2 13% 13% 13%-%
BllssALaug l%e 1 13% 13% 13%+%
Bliss E W1 . 2 10% 10% 10%
Boeing Airp! le. 2 22% 22% 22%-%
Bohn Alum&B 1 1 24 24 24
♦Bon Ami A 4 110 61 61 61
♦Bon Ami B 2'4 40 32% 32 32 -%
Bond Stores 2 . 2 17 17 17 + %
BordenCo 2.55a 3 39 39 39 - %
Borg-Warner 4a 1 54 54 54 - %
BranlfT Air 2 7% 7% 7% + %
Brdgpt Bra 15e 4 7% 7% 7% - %
Briggs Mfg 2'je 1 29% 29% 29%+%
Brlggs&stra la 1 28 ' 28 28 - %
Bristol-My 1.60 1 30% 30% 30%-%
Bklyn Dn Gas 2 19 19 19
Brwn&Bigelowl 1 9 9 9 + %
Bruns-Balk 2'ie 1 19% 19% 19%+%
Bucyrus-Er l'ie 5 16 15% H% - %
♦Bucyrus pf 7.. 40 121 121 121
BuddCo 45e ..18 8% 8 8
♦Budd Co pf 5 20 65% 65% 65% - %
Buffalo Forge 4e 1 30’S 30% 30% — %
Bullard Co >4e 3 13% 13% 13%
Burling M l'ia 7 18% 18 18%-%
BurrAdd M 60a 9 14% 14*4 14% + %
Butler Bros - 12 8% 8% 8%
Byers AM l'ie. 2 23% 23% 23%+ %
Callahan Zinc 7 1% 1% 1%+ %
Calumet&H .20e 27 5% 5% 5%
Can Dry GA 60 17 9% 9% 9% - %
Canad Pac 1 %e. 55 13% 13% 13% + %
CaoitalAlrlines 4 6% 6 6
Caro Pwr & Lt 2 8 24% 26% 26% + %
Carpent 8tl 2'ia 1 30% 30% 30%+ %
Carrier Corp >i 20 13% 13% 13%
CarrterCorp pf2 9 37% 31% 32
CaterpllTract 3. 4 52% 52 52% + %
Celanese 2 20a .. 18 32 31% 32 + %
Celotex pf 1 .. 1 18 18 18 — %
Cent Agulr 1%. 8 16% 16% 16%
Cent Fndrv tie 9 10% 10% 10%+%
Cent Ga Ry pf5a 1 25% 23% 23%+%
Cent Vloleta 2e 1 1C% 10% 10% + %
Cerro de Pas 1 % 6 19% 19% 19%-%
Certn-tdPd 60a 5 13',4 13% 13% - %
Champ P&P 2a 5 23 22% 23
Checker Cab _ 3 8% 8 8% + %
Ches & Ohio 3.. 52 33 32% 32%
Cht Corp .60 .. 11 10% 10% 10%+ %
Chi & East 111 _ 5 5% 5 5
Chi Great West 1 10% 10% 10%+ %
Chi Ind ALA II 9% 9% 9% - %
Chi Mil St P&P 32 8% 8 8%
ChlMSP&P pf4e 6 33% 33 33% - %
Chi & N West 2a 10 14% 14% 14% + %
Chl&NWnfS 1 35% 35% 35% - %
Chi RI & Pac 3a 4 33 33 33 - %
Childs Co _ 3 4% 4% 4% — %
Chrysler 4 12 54% 53% 33%+ %
Cin Mill M 1.40. 4 21 20% 20%-%
C I T Flnan 3 10 44 43% 43% - %
City Ice &F 2% 3 25% 25% 25% + %
Clark Equip 2b 1 29% 29% 29% + %
Cle? Elec H 2.20 9 40% 40*4 40%
Climax M 1.20 19 13% 13% 13%-%
Clopav Crp .70p 4 5 4% 4% - %
Cluett Pbdy it 8 28% 28 28 + *4
CluettPbdy 4pf4 2 77 77 77 +1
Colgate-P-P 2a. 9 31% 31% 31% - %
Collins & Aik 1. 6 18 17% 17%+%
ColonlalMlls la 4 17% 17% 17%-%
Col Fuel & Ir la 6 17*4 17% 17*4-%
♦Colo & South 150 11 10 11 + %
Col Broadest A 2 3 2 3% 23% 23%+%
Col Broadest B 2 2 23% 23% 23%+%
Colum Gas 60a 24 11% 11 11 - %
Col Plct tip 23 9% 9% 9% - %
Colum Carbon 2 2 29% 29*4 29% + %
C&SoOb E! 2.80 3 37 36% 36% - '4
ComlCredit 3.60 3 49% 49 49% + %
♦Coml C pf 3.60 240 94% 94 94% + %
Com! Solvts l'/g 11 17% 17% 17% -%|
Comwlth Ed 1 '4 9 5 5% 25% 25% - %
ComwlA South 86 3Ve 3 3
Cmwlth&So pfOk 11 90% 90% 90% - %
Conde Nast 1 10 8% 8% 8% - %
Cons Cigar 2 3 26 26 26
Cons Cop 30e 15 4% 4% 4% + %
Cons Edisn 1 60 45 22% 22 22% + %
Cons Edison pf5 1 107 107 107 - %
Cons Grocers 1. 1 12% 12% 11%
Coni Laundry 1. 3 8% 8% 8%
Cons Vultee 37 8% »% 9%
♦Con Pwr p!4.62 1 105% 105% 105%
Cont Bakins la 3 13% 13% 13%+ %
Cont Bak pi 5% 30 87% 87% 87% + %
Cont Can 1 tie 9 33% 32% 32%-%
Cont Dls Fiber 1 2 8% 8% 8%+%
Cont Insur 2a .- 6 62 62 62 + %
Cont Motors - 22 8% 8% 8%
Cont Oil 3Vie . 13 56% 56 56 - %
Copwld8tl 1.20a 9 17% 17 17% + %
tCopwld pf 2 Vi 40 49% 49% 49%+ %
tCorn Etch 2.80 1 52% 52% 52% + %
Corn Prod 3.60 10 58% 58 58 -8*
tCornProd pf 7 50 172% 172% 172% - 8*
ComlnsGlass V, 15 21% 20 20% - %
Cotylnc 9 3% 3% 3%
Crane Co 1.60a 5 31% 31% 31% %
Cr Wheat 1.60a 2 22% 22% 22% + 8*
CreameriesAm 1 1 8% 8% 8%
Crown Cork la 4 19% 19 19%+ %
Crown Zeller 2e 5 24% 24% 24%
tCrown Z pf4 20 10 95 95 95
Crucible Steel 4 22 218* 21% - %
Crucible Stl pf S 1 66% 66% 66% + %
Cuban-AS 2Vae 1 14% 14% 14%
Curtis Publish. 24 7% 7% 7%
CurtUs-Wr 2e._ 24 7% 7% 7% - %
DANA CORP1-. 9 23% 23 23%+%
Davis Chem 1 V. 1 19% 19% 19% - %
Daytn PAL t 80 3 26% 26 26
Deep Rock Oil 2 J 28% 28% 28%+ %
Deere A Co la 16 32% 32% 32%-%
Del A Hudson 4 1 39% 39% 39%+ %
Del L A W V„e 10 9% 9% 9%+ %
DenAROWRR2« 5 28% 28 28
Detroit Ed 1.20 7 20% 20 20 - %
De Vilblss ViP . 2 11% 11% 11%+%
Devoe & R A 2a 2 19% 19% 198*-%
DtamTMotla -> 11% 11% n%
Dist Corp-Sea 1 12 15% 15% 15% — %
•DixleC pfA2Vi 20 483* 483* 48'* +1%
Dr Pepper .60 - 2 103* 103* 103* - %
Doehler-Jarv 2a 2 31% 31% 31% — %
Dome Mines .70 14 13% 13% 13% — %
Douglas Aire 5e 4 51 50% 50% + %
Dow Chem lb 2 48% 47% 47%— %
tDowChm2pf:tVi 2104% 104 104 — %
Dresser Ind 1V* 8 20% 193* 193*— %
Du Pont OVie 13 185 182% 185 +3
Du Pont pf'4%. 2 120 119% 119% -1%
DuPont3‘ipf3Vi 1 97 97 97 — %
DWG Cigar 1V4« 5 11% 10% 11 -%
EAGLE-PI 1.80 1 18% 18% 18%
Eastern AtrLlne 15 163* 16% 163* + %
East Btate Steel 4 13% 13% 13% + %
Eastman K 2b- 20 43% 42% 43%+ %
Edls Bro Str 1% 6 14% 14% 14%
Ekco Prod 1.20- 10 11% .103* 11 + %
El Auto-Lite 8— 13 41% 41% 41% - %
El Power A Lt - 9 21% 21% 21%-%
B PALt 97pf 7k 1 154 154 154 + %
B StoraseBat 3. 1 50 50 50 - %
Eliott Co la-„. * 21% 20% 20% - %
EUOtt cv 2%_ 1 57% 97% 57%+ %
Sales—
Stock and Add Met
Dividend Rate. 00- HKb. Lew. 1:18. cb»e
Emer Radio 80a 9 14% 14% 14%
Equit OS Bldf_. 3 4% 4% 4%
Erie R R lHe _ 9 14% 14 14%4 %
♦Erie&Plt 3.35a. 90 S3 S3 93
Eureka Wms %p 2 4% 4% 4%
Evans Prod %__ 1 9% 9% 9% 4%
Eversbarp HI.. 14 8% 8% 8% 4 %
PRBNKS M "Hi 6 39% 39 39% 4- %
Fajardo 13.76a. 4 22% 22% 22% 4 %
Farnsworth *1 7% 7% 7% 4 %
reddsr*«ul* 1. 9 14% 14% 14%-%
♦Fed D S pf 4V« 10 93% 93% 93%-%
Fid PhoenzF 2a 1 85% 69% 89% 4 %
FirestoneT&R 4 3 49 44% 44% - %
First Nat StrSa 2 94% 94 94 4 %
FlrthCarp 1.60* 2 17 17 17 - %
Flintkote 2a 9 30% 30% 30% 4 %
tFllntkote p| 4. *0 100% loo 100% 4 %
Florida Pow 1 1 13% 13% 13% - %
Florsh Sho Ala 3 12% 12% 12%-%
Follansb Steel 3 4 24% 23% 13%-H
Focd Mach 1 % 10 28 28 28 - %
tFoodMch P13H2S0 83 82% 82%
Fo ter Wheel 1 9 26% 26 26 - %
Frank Strs 60a 2 8% 8% 8%
Freeport 8ul 3 2 43% 43 43 -1%
FruehaulTrai! 2 8 21% 21 11
tFruhauf T ol 4 1 73 73 73 -1
GAIRRBT.40* 7 6% 8% 8%
Galr R pi 1.20 . 2 18% 16% 16% - %
Gambl Skoa.80* 1 9% 9% 9% — %
Gamewell Co 1*. 1 13% 13% 13%
Gar Wood Ind 9 9% 9% 9% - %
Gaylord Col% 9 16% 16% 18% - %
GenAmlnvl.SSe 9 14% 14% 14%
Gen AmTrna Sa 2 44 44 44 4 %
Gen Bakin* ,60a > 10% 10 10% 4 %
Gen Cable I x 3 9% 9% 9% - %
GenCable S2PI2 z 2 30 30 30
Gen Clear la .. 3 18% 18% 18%
Gen Electric 2.. >8 40 39% 39% - %
Gen Foods 2 .. 3 39% 39% 39% 4 %
Gen Instrumt 1. 3 12% 12% 12%
Gen Mills 2He 2 91% 91% 91% 4 %
‘Gen Mills pf3% 1106% 106% 106% 4 %
Gen Motors 4Ha 41 58% 98% 98% 4 %
Gen Mot pi 3H- 2 97% 97% 97% 4 %
Gen Out Advt 1. 3 13% 13% 13%
Gen Port ClHa 7 29 29 29 4 %
Gen Precis Ea 1 4 13% 13% 13%
Gen Pub Ut 80 24 11% ll u%
Gen Ry Slral la 3 20% 20 >0 4 %
Gen Realty 80. 18 3% 9% 9%
Gen Retract 2.. 4 24% 24 84% - %
Gen Shoe 2% .. 3 28% 26% 26% - %
Gillette Sal 2%a 6 32% 32% 32% 4 %
Glmbel Bros 2.. 6 17% 17% 17%
Glldden 1.60b __ 2 20% 20% 20%-%
Glldn ce 012V« 1 49 49 49 -1
Good all-San 1% 14 15 148* 14% 4 %
Goodrich B P 4a 1 99% 99% 99% 4 %
GoodyearT&R 4 9 41% 41 41% 4 %
Oraham-Patce 21 3 2% 2%
Grajson-Rb Ha 7 12% l>% 12% 4 %
Grayson pi 2V*_ I 31 31 31 -2
GtNor IrOr 1 Ha * 1*% 12% 12% - %
Gt N Ry pt 3He 9 42% 41% 42% 4 %
GtWstSux 1 60s 11 16% 16% 16% - %
GreenfT&Dl .20 2 13% 13% 13%-%
Greyhound 1 9 11 10% 10%—%
Grum Alrc E 2h 1 18% 18% 18%
Gulf Mob&O Ha 8 14% 14% 14% 4 %
Gulf 011 3b 12 69% 69% 69% 4 %
Gulf Sta 0 1.20 3 17 17 17 4 %
HALL PRINT la 4 12% 12% 12%-%
Halliburton 1H 21 18% 17% IS 4 %
Harb-Walker 2 . 1 23% 23% 23% 4 %
Hart B&M 2.40. 6 20% 20% 20% - %
HatCorpAHb. 19 5 5
Hayes Indust 1. 1 7% 7% 7% — %
Hayes Mix He 1 8% 8% 8%
Hasel-Atl 1.20a 2 20% 20% 20% 4 %
•Hecht Co p|3H 20 83 83 83 43
♦Helme pf 1*«.. SO 35 34% 33 + %
H-reuif Mot 1 2 13% 13% 13%
Hereul Pwd 2 Via 3 44% 44% 44%-%
♦Hershr»of4* 10 117 117 117
Heyden Chem 1 7 22% 21% 21% - %
♦Heyden C p!3% 50 78 ? 78% 78% + %
Hilton Hotels 1. 4 •% 9% 9%
Hires Cl 80 5 13% 13 13 - %
Holland Furn So 1 26% 26% 26% + %
Hollanders Ip 2 9% 9% 9% - %
Holly Sugar 1 . 2 20% 20% 20%
Holly Sug pf 1 % 1 25% 25% 25% - %
Homes'.* Min 2 16 35% 34% 35 - %
Hooker El 1.20 1 28 28 28 - %
tHook El pf 4%. 80 102% 102% 107% + %
Houd-Hersh le 6 11% 11% 11%-%
♦Househld pf3s« 10 84% 84% 84% - %
Houston Oil 2e 6 34% 34 34% - %
Howard Sirs 1% 3 14% 14% 14%-%
Howe 8ound 2 .. 2 46 45% 45% - %
Hudson & Man. 52 8% 7% 8% + %
Hudson Bay 4a 2 46% 46 46% + %
HudsonMot .40* 12 13% 13% 13% - %
Hunt Food* 1_. 10 10% 10% 10M4- %
Hupp Corn 12 2% 2% 2% - %
IDAHO PW 1.80 1 32% 32% 32%
111 Central .. 16 31% 31% 31% + %
111 Cent pf Be... 2 63% 83% 83% - %
111 Term RR .80. 3 9% 9% 9%
IndPr&LtlVi 9 21% 21% 21%+%
Industrl El Mez 3 8% 8% 8%
Indust Rayon 3b 4 41 41 41 - %
Inger-Rand 3a.. 1 66% 66% 66%+1%
inland Steel 3e 3 4l% 41% 41%+ %
InspiraCop HVi* 1 17% 17% 17% - %
Interlake IrlVi* 1 13% 13% 13%
IntHarveatl.40*. 6 27% 27 27%+ %
♦Int Harvs pf 7. 50 165% 165% 165%
Int Hydro El A 9 5% 5% 5%
In-.Mln&Chem I 3 27 27 27
Int Mining 1 3% 3% 3%
Int Nickel 1.60a 12 30% 30% 30% - %
int Paper 4a... 7 52% 52 52
Int Silver 6* ._ 1 54% 54% 54% + %
Int Tel & Tel 64 9% 9% 9%
Inter Den Str* t 1 18% 18% 18%+ %
JACOBS FL . 2 5% 5% 5% ♦ %
Johns-Manv 2*. 1 38% 38% 36% — %
Jones&LStl2.0O 6 32% 32% 32% - %
Joy Mf* 3 20a . 16 39% 38% 39%+ %
KALM STOVE 1 2 12% 12% 12%+ %
Kans City So 1*. 7 40 39% 39% - %
Kennecott 5e . 8 56% 56% 56%+ %
♦Klmb-Clk pf 4. 20 95% 95% 95% - %
Koppers Co 2 .. 1 29% 29% 29% - %
Krejge <S8> 2a. 1 37% 37% 37% - %
Kreea 8 H 2a 2 55 94% 55 + %
LACLEDE G .20 2 5 5 5
LaConsol pf.73e 2 5% 5% 5%
Lane-Well 2.20* 1 25% 25% 25% - %
Lehigh C & N 1. 2 10% 10% 10%-%
Leb Val Coal . 5 2% 2% 2%
Leb V Coal lpf3 1 22% 22% 22%+%
LehVCoal 2pf/. 2 6 6 6
Leh Valley R R 5 £% 5 5
Lehm Corp 3 Vie 3 45% 45% 45%
Lehn & Fink Vs* 2 8% 8% 8% - %
Lamer Stores 2 1 21% 21% 21% — %
Llbbey-O-F 3Vi* 1 46 46 46
.Lib McN & L *i* 11 8% 8 8%
Llgg & My 4a 1 88 88 88
tLlgg & My pf 7 20 171 171 171 - %
Llma-Ham ,63e. 2 9% 9% 9H + %
Lion 011 3 4 42% 42 42% - %
Lockheed 1 Vie.. 3 17% 17% 17%+%
Loew's Inc 1 % 20 15 14% 14% — %
Lone8tarCe3Via 1 66% 66% 66% — %
Lorlllard la 5 19% 19% 19% - H
LoulsvG&E 1.60 2 24% 23% 24%
Loutsvll&N 3.52 8 36 37% 36 + %
Lowensteln 2a 5 22% 22 22 — %
♦Lowenstn pf4'/« 20 93 93 93
MAC TRUCK 19 50 14 13% 14 + %
Macy R H 2a ... 1 31% 31% 31% - H
Magma Cop 1.. 3 19 18% 19 - %
Magnavox lo .. 6 18% 18% 18%+%
ManhShlrtl 40a 1 16% 16% 16%+ %
Maracaibo 15e 1 8 6 6 - %
MarlneMtdl 40* 3 6% 6% 6% - %
Marsh Field 2 . 2 23% 23% 23%+%
Martin G L . 2 10% 10% 10% - %
Mart Parry 60a 2 12% 12% 12% + %
Masonite 2a 1 56 56 56
tMaytag 1st pfS 30 111% 111% 111%
McCall Corp 3 4 21% 21% 21%+ %
•V-tlra* Kite 2* 3 33% 33% 33%
McKess&R 2.40 1 29% 29% 29% - %
McLellan Str la 6 20 20 20 -1
Menge. Co la 10 12% 12% 12% + %
Merck ArCo pf.1'4 2 87% 67 87 -1%
♦ MetEdls 4.35pf 2 106% 106% 106%
Miami Cop l^ie. 1 13% 13% 13%+ %
Mld-CntPet3%« 6 46% 45% 45% - %
Minn-Hon Re 2a 1 45% 45% 45% + %
♦ Minn-H of 3.20160 89 89 89
Minn Moline 6 13% 13% 13%
♦Min M pf 8Vik 10 119% 119% 119% + %
MAStLRylVie 3 12% 12% 12%+%
MSVArSSM le 1 10% 10% 10% - %
Minn Min 2 lOe. 7 66% 66 66%
♦Min M&M pf 4 1 10J% 103% 103%
Mission Corp lb 4 55 5454 5454
Mo-Kan-Texas 5 554 5% 9% — 54
Mo-Ken-Tex of. 2 23% 2354 2354+ 54
MoJud Hos 80a 1 1014 1054 1054 + 54
Monsanto Ch 2 2 40% 40% 40%+%
Monsanto pf 3% 1103 103 103
Mont Ward 2a 6 5954 55 55 - 14
MOore-McCLIH 1 10% 1054 1054 + 54
MuellerBrs 1.20 2 1654 16% 16%-54
Mullins Mff la. 2 14% 14% 1454
NASH KEL 1.40 2 15 15 15
♦NashC&StL 3e 60 24 (4 24
Nat Acme 2_ 3 16 15 15-54
Nat Airlines_ 4 9% 5% 9%+ 54
Nat Auto Fib le. 1 1054 1054 1054
Nat Avia ,65e 5 11% 11 11% + 54
NatBtsCult 1,60a 2 3154 3154 3114
Nat Can He . 9 6% 6% 614-14
Nat Cash Ret 2a 3 35% 35% 35% - %
Nat City Lin Ha 2 7% 7% 7% + %
NatContaln I 20 4 9% 9% 9% + %
Nat Dairy 1.80 * 20% 28% 2654- 54
Nat Distillers 2 9 18% 18% 18%
Nat Enamel Hh 2 1254 12% 1254 - %
Nat Gypsum le i 16 16 16
tNat Gyp pf 414 90 9« 94 94 -1
Nat Lead la 13 32 3154 31% + %
tNat Lead pfA 7 30 170*4 170% 170*4 +154
Nat Linen S 60 3 6 6 6
Nat Mall&Stl 2e 1 18 18 18
Nat Fow & L 24 % 54 54-Vis
Nat Steel 4a 2 91 91 91 +1
NatSupply 1.60a 1 >6 19 10
Nat Vul Fibre 1. 4 11% 11 11
Natomas Co 1.. 1 9% 9% 954 - %
Neht Corp .70 2 9% 9% 9%
N Ens El Sys .80 5 8% 8% 8*4
NewmontM 2544 1 96% 96% 96%
Newpt IndlHe 16 13% 13% 13%-%
Newpt NewsS 2a 2 3054 30*4 30% - %
N Y Air Br 2a 1 32% 32% 32%
N York Cent He 29 13 12% 12%
NY Dock pf 3He 1 91 91 91
N Y N H & Hart 9 9% 9 9% + %
NYNHAHpf. 3 30% 30% 30%
N Y Ship lHe._ 1 16% 16% 16%+%
Noma Elec 1H- 2 1354 1354 1 354-%
NopcoCh 1.60.. 7 24 23% 2354+ 54
Norf * West 34. 1 58% 50% 58%-%
Nor Am Avia le. 38 1054 10% 10% + %
North Am Co lb 23 15% 15% 15*4
NoNatOas l.SOe 6 3254 3254 3254 - 44
NOr Paclfle lHr. 29 19% 19 19
tNoStPw PI8.60 10 88 88 80 - %
Northwest Airl 4 10% 10% 10%-%
NrthwAlr pf1.18 7 1864 18% 18%-%
Norwalk Tire 9 4 4 4
NorwPhar 60a. 1 1164 11% 11%+%
Ohio Oil la 12 33% 33% 33% •'
Okie G&B pf .80 1 17% 17% 17%
Oliver Corp 2a. 2 30% 30% 30%+%
♦Oliver pf 4H_ 10 97% 97% 97% - %
Omnibus Hp_ 9 7% 7% 7% — %
Otis Elevator 9. 6 32% 52 32%+ %
Owens 111 <31 19 49% 4894 49%
PACAMFMIe. 1 19 19 19 + %
PaeFlnCal 1.60a 1 18% 18% 18%-%
Pae Oaa&Elec 3. 19 30% 30%
Dirldend ifate. $0. Hlth. law. lilt. ehte.
Pac Llfhtrat 3. X 504* *01* 901* - V*
Pac Mills 6b ... 4 30V* 30V* 30V*4 V*
tPae TelAT 6H« 10 *0 90 00
PaeTlnCons ,20a 5 4 4 4 4 V*
Pac Wait Oil M# a 4lv* 414* «1H4 M
Packard Mo .36* 35 4V* 4 4V*
Pan Am Air Vea. 53 04* 04* 84*- V*
Panband EPLSb • 51 5014 51 4 V*
tPanh EPL pf 4 50 54 54 *«
Parafln Cot 1.30 1 15V* 15V* 15V* - V*
Param Piet 2 17 34 234* 331*
ParkATUford 3. 3 40 40 40
Park Dtmb .10*. i 24* 2V* >v*
Parka Dar 1.40 23 34V* 34V* 24V* - H
Parra Trana .80 10 7V* 7V* 7V*
Patino Mna 3Mb 3 134* 131* 13H- V*
PenlekAF 1.00a * 28V* 28 28 - V*
Penney JC 2a . 13 444a 44V* 44v*
Penn Cl A Cl*. 3 10 10 10
Pans Dlt Ctttla 4 lfv* 1*V* l*v*4V*
Pann PAL 1.30- 5 17V* 184* 184*- v*
Penn HR la ..52 18V* 1644 16V* - V*
Pann Salt IV*#.. 1 364* 364* 364* 4 V*
People* Oal L 8. 1 85 55 55 414*
Pepsi-Cola 42p. 68 8V4 8V* 8V* - V*
Pfelfler Br 1.40 . 3 184* 184* 164*
Pflter C A C 2a. 4 48V* 634* 454* - 4*
Phelps Dodae 4a 14 534* 53V* 53V* 4 V*
tPhll C 6% Pf 3 20 51 51 51
Phils Blee 1.20 10 701* 204* 201*4 V*
tPhils B pf*.40 120110 110. 110 4 4*
Phils B #1 pfl. 1 23 33 23
Phil ARC AI3 4 20 194* 191*- 4*
Phlleo COrp tb.. 6 40V* 40 40 - V*
Philip Mori Ha 4 39V* 39V* 391*
Phil Morrlr pf *. 1 91V* 91V* 91V* 41V*
Phillips Petrol 3 13 57V* 57V* 97V*
Pitt CACh He.. 1 11 11 11
Pitt Con Cl 8 .. 3 31V* 31V* 31V* - V*
tPltt rt wn pf7 10 183 163 163 ■ 42
PlttPlatoOl 1 He 14 31 301* 31 - V*
Pitt Screw .80s. 7 8V* 8V* 8*4 - V*
Pitts Steel_ 1 151* 154* 154*4 V*
Plttston Co 2 __ 2 37V* 27V* 27V*- 4*
Pot Elec Pwr .90 9 13V* 13V* 13V* 4 4*
Pressed Stl Car 10 7 84* 7 - V*
Proct A Oam 3a 4 854* 89V* 85V*
Pub Sve Col 2.20 4 36V* 3SV* 38V*
PubSvE&Q ,80e 18 204* 20V* 204* 4 V*
PubSEAQpf1.40 21 26V* 26V* 264*4 V*
Publlckerln lHf 7 20 154* 194* - 4*
Pullman 2a_ 17 334* 33V* 3344- V*
Pure 011 1* . 31 31V* 30 + 30V* - 4*
PurityBak 2.408 1 254* 254* 254* - V*
RADIO CRP Mr 48 134* 15V* 13V* 4 V*
R-K-Orph 80 _ 49 8V* 74* 71*- V*
Rayonler. Inc 3. 8 28V* 36 36 - 4*
Readlnc CO 2 .. 4 32V* 22V* 334*- V*
Real 811k H .60s 3 101* 101* Id*
Reeraa Brea la 3 12 114* 114* - V*
RellableSt l.SOaa 1 18'* 184* 184*
Reliance Mftl. 3 34* 84* 8V*
Rem Rand lb . 21 94* 94* 94* - 4*
Reo Motor 2HP- 6 114* UV* 114*
Rep Aviation 6 84* 8 84*
Rspublle Plctur# 15 24* 24* 2V* - V*
RepubPiet pfHP 3 54* 548 54*
Repub Steal la 30 244* 384* 384*
RevCABIHa. 9 1548 1548 1548- 48
Rexall Drut .. 03 5 448 5 8 V*
Reyn Met 1.36b 1 314* 314* 314*- H
Reynolds Sprint 1 6V* 64* 8v+
RynldTobBl.SOe 27 34 334* 334* - 44
Rey Tob pf 8.60 2 08 84 88 ♦ 1*
RheemMfcl.60. 1 174* 171* 174* - M
Richfield OU 2 12 274* 27 27V* - 4*
RoanAntCop Hr 2 6 6 6
Rob-Fulton ,80a 2 944 944 944
RonsonArt 1.20a 1 2044 3044 3044- 44
Royal Typa 3 .. 0 19 1044 19
Ruberold 3Hb_. 3 56 56 58 +1
Ruppert J HP - 3 04* 848 84* - 48
SAFEWAY ST 1 11 174* 17 1748+ V*
St JOS Lead 3 Vet 3 4844 48V* 48V+- 4*
St L San Fran . S 114* lit* 114*+ V*
St L San Fpf 6. 2 38V4 38 J5V4
St Ret Pap 60a 32 S4h av* SV* - 44
Savage ArmlNe 9 11% 11% 11% - %
SchenlerDiitU 2 13 *9% *9% 29% - %
Scranton Etc 1 4 12% 12% 12%
I Seaboard A L la 4 19 19% 19 4 %
SeabdALpf 7%e 2 93% 93 93% 41%
Seabrd Fin 1.80 3 14% 16% 16% 4 %
Seabd Oil 1.60a 3 44% 44% 44% 4 %
Scan Roeb 2a 19 39% 39 39
SeeterRef 1.10a 15 10% 10% 10% 4 %
Servrl Inc It 5 9% 9% 9%- %
ShamroekO 1.60 3 26% 28% 28% - %
Sharon Steel 2a. 3 36% 36% 36% 4 %
Sharp Sc Doh 1 3 22% 22% 22% - %
ShattuckFO .40 4 9% 9% 9% 4 %
Shell un Oil 3e 19 38 37% 38 4 %
Sheraton Cp .40 1 9% 5% 3%
Silver King Col 4 4% 4% 4%
SlmmonsCo 2V«* 6 25% 25% 23%—%
Sinclair 011 2 59 22% 22% 22% - %
Smith AO l.l&h 7 23% 23% 23%-%
SmlthACoronS 2 15% 15% 19%
Smith AlxAS 2a 6 28% 26% 26% - %
Socony-Vae lb . 49 17% 17% 17% 4 %
SoP Rico S #%* 4 37% 37% 37% - %
Sou Cal Xdta 1% 1 29% 29% 29% 4 %
Sou Nat Oat 3.. 2 29% 29% 29% - %
South Pacific 6 9 49% 49 49% 4 %
South Railway 4 9 39% 39% 39% - %
tSeRrM 8 0 4. 80 66% 66% 66%
Spalding Brel % 1 13% 13% 13% 4 %
Sparki-Wth .80a 1 9% 9% 5%
Spencer Kell 2.. 1 22% 22% 22% 4%
Sperry Com 8— 7 27% 27% 87% 4 %
Spiegel Inc ... 1 7% 7% 7% - %
♦Spiegel pf414 . 90 65 69 69 - %
Square D Co la. 2 19% 19% 19%-%
Stand Brand 2 2 20 20 20
StdBranda pf3'4 60 87 66% 87 4 %
Std GsAEl S4pf 2 19% 19% 19%
StdO*7prpfl»ik 1 113 113 115 4 %
Std Oil Cal 4b . 3 66% 66 66%
Std Oil Ind 2a . 7 39% 39% 39% - %
Stand Oil NJ 2b. IS 72% 72% 72% - %
Std Oil Ohio 2b 2 24% 24% 24% 4 %
Std Steel 8pg la 3 14% 14% 14%
sterling Drug 2a 1 35 35 35 — %
Stevent J P 2a 6 29 84% 29 4 %
Stok-V Camp 1 3 9% 9% 9% - %
StoneAWeb iv«e • 13% 13% 15%-%
Studebaker l%o 11 22% 21% 21% 4 %
Son Cham %a.. 4 6% 6% 6%
Sunrar Oil 1 4 11% 11% 11%
Sunrar pf A 1.06 4 17% 17% 17% 4 %
Sunrav pf B 1% 1 19% 19% 19%
Sunahlne 14 .60. 1 9% 9% 9% — %
Superheater 2a. 1 86 26 26 4 %
Superior 8H la. 1 14% 14% 14% 4 %
Sutherld Pap 2a 1 32% 32% 32% - %
Sweet* Am‘.ia . 1 9% 9% 9% 4 %
SwlftACo 1.60a 3 28% 28% 28% - %
swift Inti .409 3 9% 9% 9% 4 %
Sylvan Blee 1.40 4 24 24 84 - %
♦Brian Bee pf 4. 90 80 80 80 -1
8rm-Gould tie 3 5 4% 4% - %
TELAUTOORA- 2 4% 4% 4%
TEXAS CO 3b . 6 93% 53% 55% 4 %
TexOulfProd le. 3 16% 16% 16%
Tex Gulf Sul 6e. 10 60% 60 60%-%
Textron la .. 3 11% 11 11
Textron pfl%. 8 15% 15 15 — %
Thateher .30p .9 9% 9% 9% - %
Thermold Co If. 3 9% 9% 5%
♦TheraodpflV*. 40 36 34% 34% - %
Thomoeon-Star. 14 3% 3% 3% - %
TldW OH 1.60a. 20 83% 22% 83
♦Tide Wat pf8% 30 102% 102 102
Tlmk Rol Bear 8 4 41% 40% 40% - %
Trane AW Air 6 11 10% 10% - %
Trl-ContCP .56* 30 7% 7% 7%
♦Trl-Contl pf 6 . 80 97% 97 97% 4 %
Truax-Tr 1.40a. 9 14% 14% 14%
Twent C-Pox S. 17 80 19% 19%-%
twin Coach.... 4 6% 6% 6% - %
0DYUTE1-... 1 9% 9% 9% 4 %
UNDERWOD 4* 4 40 39% 39% 4 %
Un BagAPap 2a 7 31% 31% 31%
Un-Carblde 2 16 41 41 41
•Un El Mo Pf4% 10 107% 107% 107% - %
UnOilCal l.»5e 13 29% 26% 28%-%
Union Paclfle 5a 5 89 89 69 4 %
Un Pacific pfS 2 49% 49 49 - %
UnTankCar 2.60 3 36% 36 36 4 %
Unit Air Line* . 22 11% 11% 11% - %
Unit AlrLpf 4% 4 63% 63% 63% 4 %
Utd Aircraft So. 11 23H 23% 23%
Unit Biscuit la 1 20% 20% 20% 4 %
Utd BrdAC iy«e 3 7% 7% 7%
Unit Carbon 2 . 4 36% 36 36
unit Cigar Whal 41 2% 2% 2%
United Com 30 ?% 2% 2% - %
Utd com Pf 8 . 4 40% 40% 40% 4 %
United Drewood 1 5% 9% 9%
♦Unit Dre pf 7k 120 83 62% 63 45
Utd Bee Coal la 9 21% 21% 21%
Utd EngAPdr 8a 9 36% 38 36% 4 %
United Fruit 2a 6 91% 91% 51% - %
United MAM la 12 12% If 12
U 8 A F S .95*. 12 22% 22% 22% 4 %
U S Oyprum 3a 7 102 102 102 4 %
US IndChm2>/«p 14 20% 20 80 - %
U S Leather Vie. * 42* 4V* 4** + v*
US Leath A 2*. 3 17V* 172* 172*- V*
US Lines 2Vi 10 1>V* 12V* 12V* - V*
O S Line* pf .*•. IS S S + V*
U S Plywood 1*. 4 24V* 24 24 - V*
US Rubber 6#.. » 32V* 3 *2* 3*2* - 2*
US Rubber lpfS 220 122V* 1212* 122V* - V*
USSmeltRAMS 1 41 43 43 + V*
US Smelt Pf 2V*. 2 SSV* 44 44V4+ V*
U S steel 8 .... 44 712* 702* 702* - 2*
US steel Pf 7-— 1134V* 134V* 134V* - V*
USTobae 1.36* S 1SV* 1SV* 1*V*+ V*
Utd Wallpaper .4 3 22* 3 - 2*
Unlr-Cyel Stl la 1 17V* 17V* 17V* ♦ V*
UnlT Plot 2ip . » 72* 72* 72* - 2*
tUnlr Pie pf 4V4 #0 44 44 44
VAN NORMAN 1 1 10 10 10 - V*
Vertient-C S 2* 4 122* 1*2* 122*
vie* cbem i.2o. a ltv* isv* ipv* - v*
victor Chm 1240 2 372* 372* 372* + 2*
V* CarollnChem 3 S2* S2* 02* + V*
Va EBPwr 1.20 27 14V* Id 16
tva IrondtC pf 1 1 «v* 15V* 15V* - V*
Va Railway 2 Vi- 3 30V* 30 30V*+1
V* Rail pf IV* .. * SO 30 30
Vitkin* Cor* 2 * 26V* 252* 26
WALORN 1.60* ■ 262* SSV* 2SV* + V*
WalkerORWS* 3 23 23 23 - v*
Walworth .*5e_. f * * • - V*
Warner Broa 1 *• iov* 10 10 - V*
Warren Pot .80. 10 22 212* 22 ♦ V*
WathaaiLt IV* 1 24V* 24V4 24V* ♦ H
WamKnlt 1.40* 1 17V* 172* 17** + H
WaynPump i V*P 2 132* 132* 132* — Vt
Webatar Tobae 3 4 4 4
WestonOU 1.40a 3 262* 262* 262*- 2*
tWateon Oil Pf* 50 *1 83 83 21
WstlndSutl Via 12 212* 21V* flV* - 2*
WeatPannXlcc 1 10 iSvt 15V* 15v* — 2*
"wi Pann El Pf« 50 107 107 107 ♦ >4
W Va Coal&Ck I 2 1724 17V* 172*+ V*
WV* PulpdeP 1* 1 »*2* 382* 382* - V*
WetternAlr Lin* 1 52* 52* 52* + V*
Wait Auto SUPS 3 36V* 36V* 362* + 2*
western Md . 1 122* 12‘* 122*
West On Tti 1*- 10 132* 152* 392* - V*
WoaiAiTBr/l* 3 J2V* 32V* 32V* - V*
Weatln* Klee 16 13 242* *4v* 24V* - V*
Wh’lln* Stl 2 Vi* * 44V* 46V* 4SV*
♦Wheeistl prpfl *0 S4 64 S4
White Mot 1.60. 2 14V* 14 14V* - V*
Wh Sew Meh 1* 3 1*2* 182* 162* + V*
♦ WhlteSMpfi 28 54 54 54
Wileot OH .401 1 102* 102* 10H + V*
Wlliya-Orarland 4 72* 72* 72*
WUMnJtCoS*. 3 UV* UV* UV*
Wilson pf 4Vi-- 1 78V* 70V* 70V*+1
Wise BN Pwr 1 1 192* 152* 1524+ V*
Woolwortht* 3 442* 442* 442* - 2*
worth Pump 2ik a i4v* 14v* i4v*
"wPMeyprpfiV* 50 45V* 45V* 05V*
twthne prpf4Vi 20 81V* 61V* *1V*-1
Wrltlor W Jr S* 1 87V* 87V* 67V*- V*
wy*ndWor.40* l 82* 82* 82*+ v*
TAUHkrwmn* i tsv* asv* is** + 2*
York Coop 2*.— 1 1M* 111* 112* ♦ H
Toun**prta«lo 1 182* 182* 182*+V*
Toon* Sh&T 4*. 1 73V* 73V* 7JV* + M
lout*Prod .SO* 1 32* 32* 32*+ V*
Stock Market Edges
Moderately Higher
In Quiet Dealings
By the Associated Press
NEW YORK, Dec. 27.—Modest
gains were made in the stock market
today in very quiet trading.
Prices moved in a narrow range
above and below the line, but the
leaders on the top side were in a
slight majority.
Rails and chemicals made the best
relative showing. Steels and motors
lagged. Airlines, motion pictures,
and mail order and retail issues were
mostly lower.
At the opening of the market,
prices were steady. A mldmoming
diD was turned around about noon
time, and in later trading stocks
held their gains.
Last week average prices were the
hlsrhest in more than a month, and
today’s market did nothing to
change the picture. But those
traders who had been anticipating a
year-end rally of some size were
still anticipating.
Among better performers were
Chrysler, Santa Fe, Union Pacific,
Goodrich, Douglas Aircraft, Kenne
cott, du Pont, General Electric, Al
lied Chemical, United States Gyp
sum and Texas Co.
Those with downard tendencies
included United States Steel, United
States Rubber, Montgomery Ward,
Wool worth, Distillers Corp. - Sea
grams, American Smelting, Johns
Manville, International Paper,
Standard Oil (New Jersey), Trans
continental St Western and Loew’s.
Stocks in the Curb market were
mostly higher, although some of the
more active issues were unchanged.
Higher were American Gas St Elec
tric, Kaiser-Frazer, Electric Bond
St Share, Babcock St Wilcox, United
Shoe Machinery, Pancoastal Oil and
Pantepec Oil.
Bonds were moderately higher,
with rails among the more active
loans. United States Government
issues in the over-the-counter mar
ket were quiet and steady.
Advertising Linage
Well Above Year Ago
By th* Astociatod Pr«»
NEW YORK, Dec. 27.—Media
records reported today that news
paper advertising linage in 52
American cities in November totaled
209,198381, a gain of 14,390.400 lines,
or 7.4 per cent, over November, 1947.
Total newspaper advertising linage
for the first 11 months of 1948 was
2,059,018.354, an increase of 13 per
cent, or 237,395,774 lines, over the
corresponding period last year.
Produce Markets
Baltimore quotations furnished by the
United States Department of Agriculture:
Apples—Market dull; bushel baskets and
boxes, U. S. No. 1. 2'i-inch up. Pennsyl
vania Romes, 2.75; fair quality, 2.25; York
Imperials. 2.50-75; fair quality. 2.26: 254
inch, 2.76; Virginia Starmans combina
tion. U. 8 No. I. and U. 8. Utility.
3.25-30: New Jersey Paragons. 2.50.
Potatoes—Market about steady; 100
pound sacks. U. 8. No. 1. mostly size A
Pennsylvania Katahdlns. used sacks. 3.26;
Reptlnts. 3.30; new sacks. 3.35; 50-pound
paper sacks, 1.86-70; 10-pound papersack.
38-40.
Sweet Potatoes—Market dull: bushel
basket. U. 8. No. 1. unwished. Maryland
Goldens. 2.50-67: small. 1.00-25; Puerto
Rican, fair quality and condition. 2.50;
North Carolina Puerto Ricans, ordinary
quality and condition. 1.26-50; New Jersey
bushel hampers Nancy Halls and Jersey
type, yellow. 2.00.
Poaltry Quotations.
Poultry-Market steady; receipts and
trading very light; prices represent few
sales: roisters, pullet. 48; fowl tcolored).
42; turkeys, no offerings and no receipts.
Grain Market.
Flour—Receipts. 2.007 100-pound sacks.
Wheat—Receipts. 63.672 bushels; ship
manta. 800.134 bushels: stocks. 4.226.478
bushels: No. 2 red winter, garlicky, spot,
domestic. 2.43: December. 2.43.
Corn—RecelpU. 174.815 bushels; shlp
ments. 670.020 bushels; stocks, 3.312.032
bushels.
Oats—RecelpU. 3,884 bushels: ship
ments. none: stocks. 6.517 bushels. No
quotations.
Barley—Receipts. 27,065 bushels: ahip
menU. none: stocks. 288.146 bushels.
Rye—Receipts. 20.929 bushels; ship
ments. none; stocks. 100.068 bushels.
Soybeans—Receipts. 49.236 bushels:
shlpmenU. 18.667 bushels; stocks. 302.783
bushels.
Mlllfeed—RecelpU, none.
Rntter and Ergs.
Eggs—Market about steady; demand
fair; receipts very light. Wholesale prices:
A large white. 63-65: few 67: A mediums.
55- 67; A small. 45-47; mostly 46-47: B
large, 50-54; current receipts, ungraded.
56- 56.
Receipts—Butter. 85.323 pounds; eggs.
518 eases.
Market Averages
STOCK*. 30 15 15 60
Indst. Ralls. Util. Btks.
Net change_ +.1 4-.1 unc. unc.
Todiy noon_ 89.4 39.3 39.0 64.8
Prev. day_ 89.3 39.2 39.0 64.8
Week ago_88.g 38.5 39.0 64.3
Month ago_ 86.2 38.3 38.6 62.9
Year ago_ 90.5 36.5 39.6 64.6
1948 high. 98.7 48.1 42.3 72.4
1948 low.. 83.3 34.2 38.0 60.3
BONDS. 20 10 10 1010 Low
Rails. Indst. Util. Fan. Yield.
Not change unc, unc. unc. J-.l unc.
Today noon 89.8 101.5 100.3 62.5 108.2
Free, day 89.8 101.5 100.3 62.4 108.2
Week ago . 80.5 101.3 100.2 62.6 107.9
Month ago. 89.8 101.2 99.6 62.1 107.9
Year ago . 87.4 99.4 98.6 86.5 107.1
1948 high 93.7 101.8 102.0 66.9 110.6
1948 low 87.7 99.8 98.0 60.2 197.0
(Compiled by the Associated Press.)
Foreign Exchange
NEW YORK. Dec. 27 UP).—Foreign ex
change rates follow (Orest Britain In
dollars, others In cents):
Canadian dollar in New York open
market 8 pei cent discount or 92.00
United States cents, unchanged:
Europe—Great Britain (pound) 4.03H,
unchanged: Great Britain 30-day futures,
4.03. unchanged: Great Britain 60-day
futures 4.02 Ye, unchanged: Great Britain
90-day futures. 4 02'/«. unchanged; France
(franc) .31A of a cent, off .00,of a
'cent. Italy (lira). December fixed
rate .001739. November .001739: Sweden
(krona) 27.85. unchanged: Switzerland
(franc) (free) 26.05. unchanged.
Latin America—Argentina (free) 2092.
unchanged; Brazil (free) 5.50, unchanged;
Mexico, 14.55. unchanged._
Chicago Grain
CHICAOO. Dec. 27 WV—A (light ex
pansion in eelling pressure wiped out eerly
advances in grains today. Small frac
tional losses were substituted for the
equally small earlier gains. Trading re
mained quiet.
The market could find little In the
news on which to base its direction. Oov
ernment agencies bid unchinged premiums
for com snd wheat. Receipts of cash
grain at terminals were fairly heavy, but
really Included Saturday and 8unday ar
rivals as well at those of today.
At nOon wheat was % lower, to V*
higher, May 2.27%: com was %-%
lower, May 1.48%: oats were %-% lower.
May 78%. and soybeans were % lower
to y« higher, March 2.63.
Virginia Electric & Power Co.
earned $5,798,797 or $1.47 in 12
months ended November 30 vs.
$6,354,404 or $1.67 in the previous
year.
Gamewell Co. and subsidiaries had
a profit of $585,083 or $1.63 in six
months ended November 30 vs. $497,
966 or $1.39 in the same 1947 neri^d.
Gibson Refrigerator Co. and sub
sidiaries earned $3,766,884 or $6.28 in
12 months ended September 30 vs.
$2,153,800 or $3.59 in 12 months ended
July 3, 1947.
National Pressure Cooker Co.
earned $3,797,244 or $3.79 in 12
months ended September 30, exclu
sive of profits of Canadian sub
sidiary, vs. $5,667,389 or $5.66 in
the previous year.
Hourly Sale* on tae Exchange Today i
11:00a.m. 170000 l2:«unoon JOOOOO
1:00 pm 570 000 2'Onpm 000 000
♦ Unit of trading 10 sharei. *In bank
ruptcy or receivership, or being reorganlxed
under the Bankruptcy Act. or securities
assumed by such companies. Rates of div
idends in the foregoing table are ahnual
dlsbursemeats based on the last quarterly
Or aeml-annual declaration. Unless other
wise noted, special or extra dividends are
not Included, cld Called, x Ex dividend,
xr Ex rights, a AlSo extra or extras, b Plus
stock dividend d Cash or stock, e De
clared or paid so far this year, f Payable
in stock, estimated cash value on ex-dlvl
dead date, g Paid last year, h Declared
or pdd after stock dividend or split-up.
k Declared or paid this year, an accumula
tive issue with dividends In arrears, p Paid
this year, dividend omitted, deferred or no
action taken it last dividend meeting,
r Declared 1948 payable in 1949. y Liqui
dating dividend, s Payable In stock, exact
each value undetermined on declaration
data.
N. Y. Bond Market
LMT*DlCLO&B* O^LTA”nLECniTuSDKt
NEW YORK CITY
3a 80 lOiUH,
FOREIGN 8:30
Brai 344* 8 aar. <014
Chile 6a 60 mad 39
Oopenh 414* 58 6414
Oenmk 4>4* 63 65 '
KrtnsATol 5*50 14
Norway 4* 68 . 6114
Fan 1st 6* 60 17
SarbaCtaSl 7* SB 5
DOMESTIC ' 3:30
Am TAT 844*61 10344
Am TAT 814*80 9344
Am TAT 314*86 6644
AmTob*ceo3s6810944
A T S F 4s 96 13144
Atl Dny lst4*48 5114
BaltAOb 6*960 <344
BaltAOSaKSOOO 63
BAO c» 41*3010 5144
BAO FLE 4a 80 63
B A O T C 4* 85 76
Boat A ct 4a Si 9344
Bath Sti 2*4* 70 99
Boat Ma 414* 70 5«*
Boat Ma 4* 60 ' 6314
BufRoehAP67at 6014
CaaFae4*parp 931*
C Ga 414S202UB 5014
Cant Oa 4a 95 64
CantNYPwr8*74l03
Cn RB NJ 6a 87 7514
CblAE 1 Inc 97 4344
CMS tP414*2044 5414
CblANW 414*99 59
CRXFln414*2019 9314
CTH8 12144 y«94 7014
CtnGAE 214*75100
Cltrlnyaat 4*61 79
CCC8L 414a 77 6714
Clay On Tr 6*731061*
Col A So 414*80 46
Col QAE 314*7810314
ConsEdNY 3*72 1031*
"on* Ed 214**72 9914
ConaP 214*76 10014
Det Ed e* 3s 68 10514
DUO Lt 214* 77 9914
Erie 4 V*a 2016 4916
HudAlf rt 64 67 *3
HudAlf to 6* 67 26
ICrf 4*66 ..1031*
1C Cairo 4* 60 103*4
IntOtNor 6a 62 24V*
lot Q N lat6*62 69
IntB7droE18*44 67
Lab VI OfSOOSat 46V*
LehVal4*2008st 39V*
U-K-T 4 Wa 78 69
Ifo Pae 6*149 27
Ifo Pac 6a 77 P 90V*
Ifo Pac 6a 911 90*4
Ifo Pae an 4a 76 43
lforrtaAEi 6aS6 7994
If or AES V*s2000 96*4
NevEnTAT6a62102V*
NTC rf 6a 20] 3 72
NTC 4V4s2fll3A 69**
NYC eon 4i 98 60V*
NYNHln4V*s’2S 46V*
NTNBB 4a2007 66
NTOW rf 4a 92 9V*
Norf Waat 4* 96127V*
NoPae4 V*a 2047 99
PennCtAliflVbafl' 96V*
P*nnRR*4W*85 102*4
PannRlt* VtaMI 97V*
PennBBSV«aS2 100V*
PeoAE lne 4*90 14V*
3tL8P4V*a2022 60V*
Scab tn4Vb*2016 69V*
flea A L 4(06 .. 999b
Shell Cn 2*4(71 96V*
8oeonF-V2*4(78 949b
So Pae 2V4a 88 83V4
floPaefl 2V«* 81 934
So Even 6a 94 liov*
So Rr an 4a 68 97V*
StdOll]U2*b*71 94V*
Third An 6a 80 49*4
Third Are 4* 60 69V4
Wait 8b 4a 2361 60V*
Weat ltd 4* 62 100**
Weat On 6* 61 lOlt*
Waat On 6s 80 83*4
WstEI CT2.66*73100V4
WiaCn 4a 3880 46
N. Y. Curb Market
UST INCLUDES ONLY SELECTED ISSUES
8dt
Alaska Airlines 47k
Alum Co Am 2 487*
Am Gas AsEl lb 387*
Am Superpower 7*
AshlandOH 1 20 197b
Atl Coast Ksb . 37k
Atlas Corp »».. 97k
Atlas PIT 27* 187k
Babcoek&W 4a. 547*
Barium Steel... 97k
Brest* Corp_ 9
Surma Ltd .. 7*
Burr* Biscuit... 17*
Caillte Tuna . 27*
Carr Cons Biee 27k
Catalln Am aba 47k
Cent & s W so 117*
Clt Service 2a.. 447*
Claud* Neon 17*
Colon Develop.. 37k
ColU Ult . 37
Com’dore Hotel 47k
ConsGEBalta.SO 98
Cop Ranse 7*e 1174
Croft Brew 7*
CrownDrut .15* 27*
Cub Atl Sut 2a 167*
Dennison A le 97*
Dobeckmun .30* 77k
Domln Steel T*a 137k
El Bond&Sh 7*e 11
SaultT Corp v«* 17*
Eoreks C Ltd 7*
rehildCam .30* 17
rchlldX&A .20* 47k
PansteelMet Tie 107k
Gen Plrwd ,20p 3
Ooldfleld cons *k
Reels Mini.. 117*
Huvlers_ 3
!mo Oil Ltd H 1874
invest Bo» 04* 14*
Kalser-Prazer . 84*
KlnssCoun Lit. 3
Leonard Oil Dev H
Lone Star Oaal 224*
-ions island Us 4*
Loots L A X la 184*
MarlonPwrSbor 9
McCord Com... 174*
Me Will Drda 80 84*
Mead John .60s 144*
Mesabl Iron 44*
Monoeram Piet 24*
Nat Fuel 0.80. 84*
INat Press Ck 14* 10
N Haven Clock 24*
Nlacara Hod Pr 74*
Nllea-Bem-P 60 8
No Sta Pwr .17* 84*
Pancoastal 011 34*
PanteneOt) 1.28 114*
Penn road 4*a.. 84*
Pepoerell 2a 504*
PharisTAR JSp 344
Pioneer Oold . 24*
R-K-O ont war Rfc
Raytheon Ml» 74*
Richmond Rad 24*
SayraAPlsh 21* 34*
Schulte (D A) 14*
Secal Lock 14*
Sentry Sat Con 4*
Solar Aire 60 . 94*
3td OlIKv 1 40* 29
Std Power A U 14*
Starrwtt Com 24*
OnltLARy 1.47* 214*
U 8 Air Cond .. 1H
CBIntSee .. 3
D 8 Radiator 54*
Waltham Watch 14*
Warner Aircraft 1H
Washington Exchange
SALES.
Virginia Elec, oar common—100 at 1®.
Wash. Gas 4.25 pfd—10 at 96.
Garflnehel 4%a- pfd—15 at IT.
Potomac Elec. Pwr. common—100 at 13%.
30 at 13%.
Virginia Elec, and Pwr. common—100 at
10, loo .at i«. _
PUBLIC UTILITY.
_ , BONDS. Bid. Asked
Am Tel & Tel ev db 2%a 57 109% 110%
Am Tel A Tel cv db 2%a 61 103% 104
Cap Transit 1st Ref 4a 1964 94 95
Georgetown Gaa lit 6s 1961 114 116%
Pot Elec Pw 8%s 196®.. 105 106
Pot Hee Pow 3%a 1977... 107 _
Pot Elec Pow 3s 1983_100 _
Washington Gaa 6a 1980 119 _
Ter Rf * W Cp lat 4a 1958 102 104
. PUBLIC UTILITY STOCK®.
Amer Te! A Tel,(9) ... *149% _
Capital Transit (pBOc) ... 17 1®
N A W Steamboat <t«>.. b210
111 ill SI
Va ElecAPwr com. U. (1.20) 16% 16%
Wash Gaa Lt com (1.50) 24% 25
Wash Gas Lt cu PM (4.25) 98 98
Wash O Lt cu ev pfd (4.60) 101 103
BANK AND TRUST COMPANIES
Amer Sec A Tr new (tl.OO) 27 29
Bank of Bethesda ltl.50)_. *40 _
Capital (1.00) _ ... *27 _
Commerce A Savings <tlO' 348 _
Liberty (8)_•310 _
Lincoln (t6) .. *330 _
Natl Sav A Tr (8.00)_*430 _
Pr George- B A Tr (tl.OO). 30
Riggs (tl2> . .. 316 335
Union Trust Co (tl.OO).. 37 _
Washington (6) _ *182
Wash Loan A Trust (12) _330 _
FIRE AND TITLE INSURANCE.
American <t6> _ 160 .
Columbia (t.30)_*12 _
Firemen's (1.40) *32 _
National Union (.75)_*17 19
Real Estate (t6> . _ . *185 _
MISCELLANEOUS
Carpel Corp (1.00) *20 25
Oarflnckel com il.50> *15% 10%
Oar 5%% cu cv pfd (1.376) *23
Gar 4 % % cu cv pfd (1.126) *16% 17%
Hecht Co (1.60) .. 20% 22%
Hecht 3%7e cu pf (3.75).. 81 ...
Lanston Mono (t2.00) 21 23
Mergenthaler Lino (a4.25> 46 49
Natl Mtg A Inv pfd (p.60). 9
Peoples Dr St com it-j.00) *28% 29%
3ecurlty Storage (T6) . 123 ISO
Ter Ref A Wh Corp (3) 51 65
Wdwd A Loth com (t2.00). *32 34
Wdwd A Loth pfd new (5) *103,
• Ex dividend, b Books closed, t Plus
extra or extras, a Paid so far this gear,
p Paid In 1948._
New York Produce
NEW YORK. Dec. 27 (PI.—Butter
342.838. Arm Wholesale price* on bulk
cartons: Creamery, higher than 92 acora
and premium marks (AA). 67 cents: 92
•core (A). 65%: 90 score (B>. 64: 89
score (C>. 62%.. (New tubs usually com.
mand % cent a- pound over the bulk car
ton price.)
Cheese. 255.183. steady. Wholesale sales,
fresh American cheese (whole milk) Ched
dars. 40-41 cents; Cheddars (grass 1948)
50-53%: Cheddars (grass 1948). shelf
cured. 58%-58: single daisies. 41-43%;
single daisies (grass 1948), 50-55; single
daisies (grass 1948). shelf cured. 68-6o;
flats. 41-43; flats (grass 194b). 50-56:
flats (grass 1948). shelf cured. 57-62;
midgets (grass 1948) 55-57: mldgsta
(grass 1948). shelf cured, 60%-62; pro
cessed 5 pounds. 40-42%: domestic Swiss
(single tub! best. 5H-58: others. 47-54.
Steadiness prevailed In the egg market
today. Receipts totaled 14.925 cases.
8pot quotations follow:
Midwestern: Mixed colors, fancy heavy
weights. 62: extra, l, large. 0o: ext®a. 2.
large. 55-57: extra, l, medium. 48-49:
pullets. 46-47%: current receipts, 61-52;
dirties, 49-50; checks. 45-47.
Whites—Fancy heavyweights. 03: extra,
1. large, 81; extra, 2, large, 56-58; extra.
1, medium. 51.
Browns—Fancy heavyweights. 62: ex
tra. 1, large. 60; extra. 2, large, 56-5<;
extra. 1. medium, 48-49.
Nearby; (Top quotations on nearby
white and brown eggs represent highest
wholesale selling prices for the finest
msrks available, and not paying prlcei to
producers or shippers.)
Whites—Extra fancy heavyweights. 64
65: fancy heavyweights, 62-63; mediums,
62-53; pullets. 46-48.
Browns—Extra fancy heavyweight*.
82-63; fancy heavyweights. 60-61; med
iums, 50-51; pullets. 46-47.
Chicago Livestock
CHICAGO. Dec. 27 UP) (USDA).—Sal
able hogs, 15.000. total. 17,000; opensd
slow but later trade and cloee active, un
even, 25-60 cents, mostly 26 cents, lower
than Friday on all butchera and aowa; top.
23.00 sparingly; bulk good and choice
170-220 pound 22.25-22.75: 230-280
pounds. 21.00-22.00: 270-300 pounds.
20.00-21.00; heavier weight# scarce; good
and choice 300-150 pound aowe, 17.50
19.00; 476-600 pounds, 16.00-17.50;
early clearance.
Salable cattle. 14.000; 595. 14,000; sal
able calves. 600; total 600; ateera and
heifers steady except medium to low-good
steers, l.ioo pounds up. weak to 50 cents
lower: cows, bulla and vealers very scarce,
active, strong: top. 35.60; for short load
choice 1.067 pound fed ateera; moat high
food and choice ateera, 30.00-34.00; load.
.262-pound weights, 34.25; bulk, good
grade steers, 26.50-29.00; medium to low
good grades. 21.50-26.00: medium to low
choice heifers. 21.50-27.50; few good
young cows ud to 21.00; esnnsrs and cut
ters, 15.00-17.50: medium and good saus
age bulls. 22.00-23.25; medium to choice
vealers. 28.00-32.00; Stockers and feed
ers scorce, about steady.
Salable sheep. 3,600: total. 4,500;
slaughter lambs. 50 cents higher: ewes
strong: early top wooled lambs. 26.00;
choice No. 1 clippers. 25.25; ewe*, 10.75
down. __
New York Cotton
NEW YORK. Dec. 27 I/P.—Cotton fu
tures fluctuated narrowly In slow fore
noon trading today with scattered Haul
datlon offset by short covering. Traders
generally anticipated a decline In the
mid-December cotton parity compared with
November price of 30.63 cents a pound.
The New York Cotton Exchange Service
In Its weekly trade report suggested a
December parity might be 13 to 28 points
under the previous month.
Noon prices were 5 to 30 cents a bale
higher than the prevloua close. March
32.24, May 31.99 and July 31.04.
Dividends Announced
NEW YORK, Dec. 27 UPi.—Dividend:
declared: Pe-Stock of Pay
Rate. rlod. record, able
Increased.
Delaware Pow & Lt -30c — 1-8 1-81
Regular.
Johansen Bros Shoe 5j - - 1-4 1-14
Pitt C C A 8t L -$2.50-- ,H2
Wisconsin Hydro B1 -.20c __ 12-23 12-28
Gulf, Mobile & Ohio Railroad net
for 11 months ended November 30
was $5,753,500 vs. $3,835,085 In the
same 1947 period.
Draftees'and Veterans'Guide
■ ■ ■ >y Maj. Thomas M. NW-- ■
If volume means success, then the
VA’s hometown medical care pro
gram must be Judged successful.
There are other factors, of course,
such as cost, achievements, etc. But
look at the volume.
More than 1,500,000 ex-servicers
were treated as out-patients by their
hometown doctors and VA out-,
patient clinics for service-connected
disabilities between July 1, 1947, and
July 1, 1948.
As you probably recall, only vet
erans who have disabilities con
nected with their service are entitled
to this care. And they can get
treated only for their service-con
nected disabilities, no others.
The hometown medical care pro
gram was set up in 1945. Instead of
having to travel 10 or 100 miles to
the nearest VA medical center or
regional office, the veteran goes to
his doctor with prior approval from
VA and has the Job done there. The
doctor sends his bill to the nearest
VA regional office, where it is paid
. . . sometimes, it must be added,
after considerable delay.
There have been kicks about the
program from many veterans who
found themselves going through a
lot of red tape in some instances
trying to get authorization for treat
ment. The same holds true for some
private doctors, who also find red
tape annoying.
But it would seem that on the
whole the program is doing its job
fairly well Private physicians
treated 761,165 veterans during those
12 months. The number of treat
ments they gave totals 2,735,429, an
average of a little better than three
and-a-half treatments per veteran.
The total cost (to the VA) was
$11,437,739. Coet to the veterans
of course, was nothing at all.
This averages out to $4.18 for each
treatment and $15.03 for each vet
eran. That seems to me like a fairly
low cost—$4.18 a visit. To say defi
nitely that it is low, one would have
to know exactly the nature of each
treatment. That information is not
available here, if anywhere.
I did get these figures though:
According to the VA central office
25 per cent of all cases treated under
the hometown out-patient program
were general medical and surgical
cases. Leading the list were liver
GEORGE I. BORGER
Loans on Real Estate
Sales, Rentals, Insurance
Mi Indians Avans* N.W.
NA. 0350
I
I
«"Wk*»lde* tht oogMMT to
the speediest, nest com poet
■latcMUt for *S card tec*
ordi. Provides exclusive
^4 direct posting without ft
novel of card*.
2 Unite #1730 up.
O ASK FOR FOLDER G 7l
IHMI WASHINGTON Co
_ 945 P». At«. W.W.
and kidney ailments, gastro-intes- '
tinal troubles and pulmonary prob
lems . . other than tuberculosis.
Those are all medical, of course.
The disabilities of^ surgical nature
would be treatments for an old, war
incurred wound, broken leg, etc.—
just so long as it is sendee-connected.
Fifteen per cent of all veterans
treated suffered from neuropsychi
atric disabilities.
Next on the list are arthritic vet
erans. About 10 per cent of all those
treated had bothersome arthritis.
Ear, nose and throat disabilu.es
account for 7 per cent and skin
troubles for another 7 per cent. The
rest of the treatments were divided
among a hundred different ailments,.
(From Associated Press Newsieaturet)
Exiled Horthy, Family
Heading for Portugal
By the Associated Press
VEVEY. Switzerland. Dec. 37.—
Admiral Nicholas Horthy, 80, for
mer regent of Hungary, left here
for Genoa by train today accem-*i
panled by his wife, his daughter-in—~
law and his grandson. *
The admiral and his family, who
arrived in Switzerland from Ger
many on December 18, are due to
sail from Genoa later this week fer
Portugal, where they are expected
to establish their new residence-1^
tn-exi!e.
•f tvanly Spocad lattPra
A eurobwl »cal«f T***'*^
which* on •»<-h*h«rtei ^
^TiTilwav. v,-.hljn thei typj
fofwipoiMi to tw %:* my
SSESS5SCTWS^S
STd S each «,boD *"iT“
•murlcmt your 6n|cn ®r “P1"- -
Phone or come m ♦«*
sample of
multicopy eotbo"
PRODUCING STATIONERS
oip m »v. .m.w
Phone NA. 9176
TRUST FUNDS
This Association chartered and supervised by the United
States Government meets the requirements of the U. 8.
District Court for the District of Columbia as to the in
vestment of trust funds. Accounts Federally insured to
$5,000.00.
Liberal Dividends Each Year Since 1892.
Your Trust Funds und Other Accounts Are InvHedt
jf§k
...■TiTiimii nHiiir
Mi Sheet and Indfane Avanm, MW. • Dtarid Mil
Idle Money Profits Nothing
... But Invested in Our
FIRST MORTGAGE INVESTMENTS
... it will be earning fixed interest.
Ample security for principal is given in
improved owner occupied, income produc
ing properties of sound value. For more
than SO years our first mortgages have
been recommended as sound investments.
B. F. SAUL CO.
925 15th St. N.W. NA. 2100
Property Management—Leans—Investments
• OPEN A SAVINGS ACCOUNT
BEFORE JANUARY 10THI
Get off to a good start for the new year with a
Savings Account in National Permanent . . . add to
it each month! Savings Accounts opened by January
10th are credited from the first of the month. Liberal
dividends semi-annually.
SAVE REGULARLY FOR FINANCIAL SECURITY
Under Supervision of U. S. Treasury
’ MTU MIL PERMANENT
building association
719 10TH STREET N. W. NATIONAL 0254
“4 FRIENDLY LOCAL INSTITUTION" ,
- -'—■—■

xml | txt