Evening star. [volume] (Washington, D.C.) 1854-1972, June 23, 1950, Image 15

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Evening star. [volume], June 23, 1950, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 23 June 1950. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1950-06-23/ed-1/seq-15/>

Newspaper Page Text

D. C. Banks Register
bain of $22,850,000
In Demand Deposits
By Edward C. Stone
Washington banks registered a
gain of $22,850,000 in demand de
posits in the week ending June
14 over the previous week, the
Federal Reserve Bank of Rich
mond reported today. Time de
posits were up slightly.
Total loans revealed an in
crease of $2,817,000 during the
week, divided mainly between
commercial and real estate loans.
Other loans were up moderately.
Bank investments in Treasury
bills recorded an increase of about
$5 million. Total assets of the
member banks jumped $20,324,000
to $1,060,342,000.
La ns ton Stockholders Meet.
The Lanston Monotype Ma
chine Co. stockholders held their
annual meeting in Alexandria
yesterday, re-electing all present
directors. The board includes
Harvey D. Best, James E. Colli
flower, Joseph F. Costello, John
W. Drye, jr„ A. E.' Giegengack
David S. Hendrick. John Olivet
La Gorce, Delos J. Needham, Wil
liam E. Schooley and Elizabeth G
Stirling.
The directors re-elected David
S. Hendrick chairman of the
board, Joseph F. Costello, presi
dent, and all other officers.
The annual report, out some
time ago, showed net earnings of
$2.05 per share compared with
$3.13 a year ago.
Long Building Boom Seen.
The quarterly review of the
United States Savings and Loan
League said today that 1950
promises to be the "biggest year
yet in the postwar building boom
and in the history of the country.”
Dr. Arthur Weimer, League
economist, and Norman Struck,
vice president, said also that the
big building boom may continue
"well beyond the end of the cur
rent year.”
Housing demand, relaxation of
home financing terms and con
tinuation of high personal in
comes are the biggest reasons for
the boom, they said.
Bank Dedication Tuesday.
The new Federal Home Loan
Bank of Greensboro, N. C.. will be
dedicated next Tuesday, with
building and loan leaders attend
ing from all over this area. Wash
ington will send a large delega
tion.
The bank was moved from
Winston-Salem recently to make
possible the quicker handling oi
business in this territory. The
president is Joseph W. Holt.
Ginn Opens New Store.
M. S. Ginn & Co., Washington
stationers, are opening store No
8 in the Shoreham Building, 808
Fifteenth street N.W. The com
pany was organized in 1928 and
has enjoyed marked prosperity
ever since.
The officers are Hugh V. Keiser,
president; Byron Sedgwick, vice
president; Clem Markham, treas
urer, and Fred J. Kyttle, secretary,
Sales this year are setting new rec
ords, Mr. Keiser stated.
Outside the District,the com
pany has stores in Silver Spring,
Alexandria and Hyattsville,
Freight Business Jumjw
Walter S. Franklin, president
of the Pennsylvania Railroad,
stated today that during the last
three weeks the railroad has
moved more freight than at any
time since the middle of December,
1948. Freight movement this week
has been the largest in any single
week since that time.
The president of the Seaboard
Air Line Railroad. L. R. Powell,
jr.. reported today that in the
first four months of 1950 net in
come amounted to $5,229,889, an
increase of $900,449 over the like
period a year ago. He thinks
earnings prospects are good for
the rest of the year.
New air line industry records
were set twice last week when
American Airlines exceeded six
million passenger miles operated in
a day, C. R. Smith, president of
the company, has announced.
The Real Estate Mortgage &
Guaranty Corp., which is being
liquidated, expects to make a pay
ment of about $45 a share in
August, Ralph D. Quinter, chair
man of the board, has announced.
Another payment will be made
after final tax adjustments. The
company has been in business 27
years.
Chicago Livestock
CHICAGO, Jun« 33 UP) <USDAi —Sala
bl* i10**’ ?000’ active and fuliv
*’** Ml emirv.°,n l**htw*Uht butcher* but
general market alow, weak to 35 cents
j"V*r *}j weights butchers; closed bullish
scattered cleanup sales as much as 50
cents lower: sows mostly 35 cents lower:
•ome over 400 pounds late 25-50 lower;
^OD-0.50 paid rather freely early; most
*”lncb2nce 1 *0-230 pounds. 20.00
3ao°' ~4°-~80 Pounds. 1 P.36-30.00; 270
i 1* SO-19 3»: lew 300-350
pounds. I,.25-18.50: sows. 400 pounds
100-500 pounds*
}.V5rJ,fi 25:, *°0-«0° pounds. 13.60-15.00:
h>w a's^.p'od** 600 pound* *nd over as
800*1!S!fni.*Sitte,i , 000: s,ubI( calves.
.Se'hi2fJ5.’/.Ure,,,/ow':, sl*ughter steers
?c»r": ffw **le« about steady.
*2wi„,e®k ,’* cents lower; bulls weak
*0 cents lower; vealers steadv; fPW
good steers. 28.50-20.75: medium to low
good 25.00-28.00; few lbw-medium *rgs"
*7!noPW2/dSi 23-"°; medium heifers. 22.60
10- «008 cows. 31.50-22.60: common
“d .ndUm cows. 18.50-31.00; can"
vrs and cutter*. 14.50-18.00; medium
medium00*! 22.00-24.0™
to cholce vealers, 25.00-30.00.
Salable aheep. .300; meager supply na
Oirt „J££ln*i 1*P'bs st,adT »t 28.50 down;
cleanup tij?.0* o *nd, y?arl,n*» absent:
cleanup trade on slaughter ewes with
n?osteSmixeri°0i^h2!Ce i hJ ewe*’ 10
b™cks. 5,i00.d5.50fl*ht 1,mb*
Market Averages
STOCKS. 30 15 15 80
Vet hear,*-* Ind“- R»ils- Otu. 8tks.
wet ncange- -t- .1 unc. —1 unc
Noon today-H2.3 43.6 47 4 79 1
d*y-11'1.2 43.5 47.5 79:i
Week ago- 111.3 43.5 47.0 78.6
Month ago- 111.2 43.9 47.4 78.9
Year ago- 84.4 31 4 38 4 59 9
1*5* hieh- 114.2 44.3 47.7 80.3
1950 low- 100.0 40.2 43.4 71.6
BONDS 20 10 10 10 10 Low
Net 1U1U- lndst- Dt“- Ita VWd
Net change une. unc. unc. unc unc
Noon today 94.3 102.3 104.7 75.2 1105
Prev day.. 94.3 102.3 104.7 75.2 110.6
Week ago.. 94.4 102.2 104.6 75.2 110.6
Month ago. 95.0 102.4 104.8 74 5 110 6
TZil H°v— **■« 101.6 102.4 69.5 109!9
J252 ,hl*h- 88 1 10S * 75.4 113.1
1950 low 94.3 102.2 104.4 -70.6 110.5
(Complied by the Associated Press.)
New York Cotton
NEW YORK. June 23 </P-—Cotton fu
tures lost almost $1 a bale In forenoon
trading today. New Orleans and commis
sion houses sold on favorable crop report?
ano private advices of clearing and hot
conditions in the cotton belt, favorable
for controlling weevil.
One private crop survey indicated that
♦he waevll ha* done very little damage
to date and at the game time farmer?
are applying poison intensively. The
North,Carolina Extension Service reported
good killing results of weevile and other
insects, with a single application of the
new type Insecticides.
According to Atlanta and Memphis re
port*. mill buying of spot cotton has eased,
although the volume of sales is still good.
Noon prices were 6 to 95 cents a bale
IPrT th,Jl previous close July 33,53.
October *3.03 and December 33.99.
N. Y. STOCK EXCHANGE
(Furnished by th* Associated Press.)
Seles—
Stock end Ada Net
Dividend Ret*. 00. Bigh. Low 1:16. cbse.
ABBOTT' 1 .HOa 19 52% 5i*+ 51%—%
ACF-Brill Mot. 3 3z» 3% 3%
Acme Steel >4*. 2 22% 22% 22%-%
i Adams Exp *+e- * 22% 22% 22% + %
: Admiral CD 1 20 35% 35% 35% - %
AffllGasEq .30* 52 12% 12 12% + %
Air Reduetn 1 12 23% 23% 23% - %
Alaska Juneau. 1 2% 2% 2%
Aldens Inc ! % 8 18% 18% 18% + %
Alleahany Co . 51 3 3 3 + %
Allen Ind .80 .. 8 10% 10*% 10%
Allied Chem 8 _ 2 249% 240 248 -1%
Allied Kid 1 % . 1 20% 70% 20% - %
Allied Strs 3 ..79 38% 37% 38% + %
Allis-Cbalm 2 . 14 33% 33% 33% - %
AlumLtd 2.40a. 7 58% 58% 58%-%
Amal Leather _ 1 3% 3% J%
Am Atricul 3a 3 42% 42% 42%+ %
I Am Airlines . 61 11% 11 11%
Am Airl of 3% 3 70% 70 70*+
| Am Bank N 90* 1 17% 17% 17%-*+
I Am Bosch 1 1 12% 12% 12% — %
Am Brake 8h 2 4 32% 32% 32% + %
AmBrkShoe pf4 1 104 104 104
Am Broadcast 54 13% 13 13% — %
Am CableARad 17 6% 6% 6%
Am Can 3a 12 115 114 114 -1%
'Am Can cl 7 20 185% 185% 185%
AmChACa 1 60 5 23% 23% 23% - %
Am Chicle 2a 3 49% 49% 49% - %
Am Cynrnid 2% 54 76% 75% 76% + %
AmCyam 3*+of 4 178% 177 178 +1%
AmCyn pf B 3* * 25 113% 113% 113% + %
Am Distillers 2. « 42% 42 42 + *+
Am Export L 2 8 18*+ 18*+ 18%
Am A Fran Pw 2 3% 3% 3%
AmAFPw *7 of 5 80% 80 80 -1
Am Gas A El 3 10 53 52*+ 53 + >+
Am HabaiiSS3 1 42 42 42 - *+
AmHomePl 20a 17 32% 31% 32'++ *+
Am Inv 111 1 % 5 21 21 21
Am Loco 85e . 12 14% 14% 14%+ *+
Am Locom Df 7. 1 85 85 85
Am MAFdy .80 6 15 15 15 - *+
♦AmMAFpf390 10 83 83 83
Am MAMet 15a 1 7% 7% 7% - %
Am Metal is 17 34% 33 34%+1%
Am Molas 40 5 7 7 7 + %
Am Nat Gsl.20 29 31% 31% 31%+%
Am PwALt lfie 23 21% 21% 21%
Am RadASE la 139 15% 15*+ 15%+ %
Am Saf Razor 3 7 7 7 + *+
'AmShipbldg 2e 160 40 39% 40 + %
Am SmARef 3a 13 55 54>+ 54*+ + %
AmSmAR of7 10 164 164 164 - %
Am Stores 2 12 34 33>+ 34 +1
Am Tel A Tel 0 22 158% 158% 158% + %
Am Tobacco 3a 13 69% 68'+ 68*+— %
Am Viscose 3s 8 88% 87*+ 87% — %
Am Wat W 30e 7 10% 10*+ 10% + %
Am Woolen 70 26>+ 25*+ 26*+ + %
Am Zinc . lde 62 10% 10% 10% - %
AnacndaCop le 37 32% 31% 32 + %
'Anac WAC %• 220 32% 32*+ 32% + %
AnchorHk 40H 4 23% 23% 23%+ *+
Anderson Cly 3 1 59% 59*+ 59% — *+
And-Prich la 8 22*+ 22% 22%
A P W Prod .14 4 4
Armco Sll 1 %* . 34 39'+ 39*+ 39% + %
Armour A Co. _ 2 10 9% 9%
Armour pr of 1 78% 78*+ 78% + %
'Arm Ck *4 nf4 10 116% 116*+ 116% - %
AshlandOil 1.60 4 24% 24 24% + *+
AssoDrv G 1 .HO 64 19% 19 19% + >+
tAsso D G 1 St6 60 109 109 109 + *+
Atch TAS F 6a. 9 119% 118% 118% - %
Air me i w ijv4 xjv. is*. *,»
Atl city El 1.20. 7 20% 20% 20%-%
AtlCoast Line 4 2 47 46% 46% - %
Atl Refln l’/ie 20 55% 55% 55%
tAtl Refln 0fA4 220 123 122% 122% -2
tAtl Ref pfB3% 60 101% 101% 101%
♦Atlas Pdr te _ 670 61 60% 60% + %
Aust Nich .10e 4 7% 7% 7% - %
Auto Canteen 1. 1 12 12 12 + %
AvcoMfg ,20e .. 43 8 7% 7% - %
BABBITT 1 20 2 13% 13% 13% + %
Baldwin L ..Vie . 26 10% 10% 10%
Balto & Ohio . 11 10% 10% 10%
B & O pf le_ 7 21% 20% 21
Bangr&Arostk 8 21% 21% 21%+ %
♦Bank&Ar nf 5. 80 67% 67% 67% - %
Barker Bros 2 1 18% 18% 18% + %
Barnsdall 3 28 55% 54% 54% - %
Bath Ir Wks 2a 2 18 18 18
BaTUk Cl* 40e 2 10 10 10 + %
BeaunitM pf 1 % 3 22 21% 21%-%
♦Berk Sh pf 4% 120 86% 86 86
Beech Air 80 2 8% 8% 8% - %
♦ Beech Crtek 2 10 30% 30% 30%
Beech Nut 1.60 3 31 31 31 -%
Bell&Howell % 3 17% 17% 17% - %
Bendlx Avia 2a 15 44 43% 44 + %
Bend Ho Ap >4e 14 14 13% 13%
Benef IndLl %b 11 25% 25 25%+%
Ben In L pf 3V« 1 87 87 87 + %
Benguet M 02e 30 1% 1% 1%
Best & CO 2 8 28% 27%- 28% + %
Best Poods 2a 5 38% 38% 38% + %
Beth Stl 1 -3iie 30 38V. 38 38%
Beth Steel pf 7 3 147% 147% 147%
BigelowS 2.40 1 26% 26% 26%+%
Birmingham El 82 17% 17 17 + %
black & Deck 2 2 28% 28 28% + %
Blaw-Knox la. 22 15% 15% 15% + %
Bliss E W1 5 12% 12% 12%
Boeing Air 1e 5 28% 28% 28% — V.
Bohn Alum %* 1 26% 26% 26% + %
♦Bon Amt A 4 130 48% 48% 48%
♦Bon Ami B %e 170 18% 18% 18%+%
Bond Stores Vie 12 14% 14 14% + %
Borden 1 20e 1 50% 50% 50% + %
Borg-Warnr 4a. 7 71% 70% 71% + %
Boston & Me 2 2% 2% 2% - %
Bower Roll B 3 1 41 41 41 +1
Branlff Air ' _ 1 9% 9% 9% - %
Brldgept. Bras*- 1 11% 11% 11%
Briggs Mfg le . 1 33% 33% 33% - %
Briggs&Strala 1 28% 28% 28% — %
Bristol-My 1.60 1 25% 25% 25% + %
♦Bristl-M pf 3% 10 102% 102% 102% + %
Brwn&Bigelw 1 4 13 13 13
BrunsBalke Via. 2 23% 23% 23% - %
Bucyrus E ,80e_ 10 17% 17% 17%
BUddCo V4e_ 56 18 17% 18 + %
Budd Co pf S 1 81 81 81 .+ %
Bullard Cola 1 21% 21% 21%+ %
Bulova Wateh 8 1 34% 34% 341/4+ %
Burling M 1% 14 22% 21% 21% - %
♦Burl Mills of 4 1 95 95 95 + %
tBurl Mis pf3V4 1 87 87 87 -1
BurlMls cvof3% 1 91% 9l% 91%+%
Burr Ad M ROa 15 13% 13% 13% + %
Bush Trm 20e 2 8% 8% 8%
♦ BushTBpfS V«k 10 122% 122% 122%
Butler Bros 20 11% 11% 11% + %
Butte Cop i-ie 3 6 6 6
♦Butler pf 4'A 1 78% 78% 78%+ %
♦ Bvers A M pf 7 10 103% 103% 103% +1
Byron Jacksn 2 4 23% 23% 23%
CALPACK2'/,a 11 43% 43% 43%+ %
♦Calif Pkg pf2V4 50 55% 53% 53% - %
Callahan Zinc 3 2 2 2
Calum&H 10e 13 6 5% 5%
Camobell Wr 2 2 20% 70% 20% + %
CanDryOA 00 31 11% 11% 11% - %
CanDrv Df4'4 70 102% 107% 102% + %
' ‘Can Southn 3 70 41% 41% 41% + %
Can Pacific sie 118 17% 17 17%
Capital Airl 1 10% 10% 10% - %
Carey Mfg 1 60 5 18 18 18 + %
Caro P & Lt 2 2 51% 31% 31% - %
Carpntr Stl 2a 2 39% 39% 39%+ %
Carrier Corp 1 32 21 20% 21 + %
Case J14.30e 5 42% 42% 42%
♦Case J I pf 7 240 142% 142% 142% - %
Caterpl Trac le 7 43 42% 43
Celanese 2.40 _ 18 37% 37% 37%+ %
Celotex Corp 1 5 18% 18% 18% + %
CenHud Gas R2 5 10 10 10 + %
Cen 111 Lt 2.20 3 36% 36% 36% + %
♦Cen HI L Df4% 10 112% 112% 112% - %
Cen * SW SO 50 15% 15 15% + %
Cen VI Su* Vie 1 17% 17% 17% + %
Cerro de Pas 4 20% 20% 20% + %
^criBiu-icru x_ xf */•/« x / x/‘/l — t/|
Checker Cab 7 9% 9% 9% - %
Ches & Oh He. 24 27% 27% 27% + %
Chi Coro .60 __ 9 13% 13% 13%
Chi * East 111 . 11 8% 8% 8% — %
Chi *E 111 A 11 13% 13 13 - %
Chi GrWnflHk 1 26% 26% 26’*+ %
Chi Ind * L B . 7 6 3% 3% - %
C MSP&Fac 33 11% 11% 11%
CMSPAPoflHe 11 32’+ 32% 32’*+ %
Chicago &NW. 16 14% 14% 14%+ %
Chi&rrwnf... 7 32% 32% 32%+%
ChiRI*Pac3 3 41% 4i% 4l%+%
Childs Co 19 7% 7% 7%+ %
♦Childs Co of 70 64 63% 63% -1
Chrysler 4s,e . _ 179 80% 79% 80%-%
ClnG*E1.80 22 33% 33 33%+ %
ClnMillM 1,40a 1 29’+ 29% 29’++ %■
CIT Finance 4 13 6*’* 64% 64% + %
City Invest 60 2 7% 7% 7%
City Stores 1.20 12 20% 20 20%+ %
ClevEl 111 1 20e 5 45% *3 45%
♦ClevElIll nf4H 30 109 109 109 -1
Climax Mol.20e 36 20% 20 20% - %
I Clintn Fds 2.40 3 33% 33 33 - %
! Cluett-Peab 2 6 27% 27% 27% - %
! Col*ate-P-P 2a 6 44% 44% 44% — %
Collins* Aik 3 18% 18 18%+%
Colo F&I 1 *4a It 17% 17% 17%+%
Col Fuel&Ir of 1 7 18 17% 18 + %
Col Bdcst A «0e 5 34% 33% 33% - %
Colum Gas >.« 33 14 13’+ 13% + %
Colum Piet Ha 20 13% 13% 13% + %
Comb Ena S 2 49 30 28% 30 +1
Coml Cred 4.80 11 63% 63% 63%+%
Coml Solv He 17 17% 17% 17% + %
ComwthEd 1 60 7 32 31% 31%
Cni-NalrnlHa 2 J6% 26% 26% - %
Cons Cigar 2b 1 27% 27% 27% - %
ConsCoBDerHe 12 4% 4% 4% + %
Cons Edis 1 60 43 32% 32% 32%+%
Cons Edis Df 5 2 108 107’+ 107% - %
CnsOEL*Pl .40 12 27 26’* 26% - %
1 Cons Grocers 1 1 12% 12% 12% + %
I Cons Nat Gas 2 6 46% 46% 46% - %
ConsRetStrl 20 36 12% 11% 12%+ %
Cons Textile 1 5 11’% 11% 11%+%
Cons Vultee Ht 38 15 14% 14'* - %
Consum Pow 2 8 34% 34% 34% - %
♦ContBak nf5H 1' 94 93% 94
Cont Can ,80e_. 25 41 40% 41
Cont Ins 2a 4 66% 66% 66%
Cont Mot .20e— 13 6% 6% 6% - %
Cont Oil Del 4.. 8 70% 70% 70%+%
Cooner-Bess 2 34 24% 24 24% + %
♦Corn Exch 3 430 65 64% 63 + %
Corn Prod 1.60 . 3 67% 67% 67%+%
Corn-DubE .80. 14 15% 15% 15%
CorningGl He. 5 42 41% 41%+%
Cotylpt.lOa 3 2% 2% 2%
Crane Co 1.60a. 15 26% 26% 26%
CreameriesAml » 12% 12% 12%
Crown Cork 1 17 15% 13% 15% - %
CrownCork nf2 1 34 34 34 - %
CrownZell 1 70* 17 34% 34% 34%+%
Cudahy Pack 3 8% 8% 8% - %
Curtis Publish * 6% 6% 6%+%
Curtiss-Wrl 1 _ 32 8% 8% 8% - %
Curtiss-Wr A 2. 11 22% 22 22%-%
DANACORP2 11 22% 22 22
DavtsChemlH 10 23% 23% 23% - %
Dayton P * L 2 4 33 33 33 - %
Dayton Rub .60 1 15% 15% 15%-%
DeecaRecord HU 8% 8% 8%
Deeo RockOil 2 3 34 34 34 - %
Deere* Cole 28 49% 49% 49%+%
Del & Hudson* 3 34% 34% 34% - %
DelLac&WHe 10 9 9 9 -%
Del P * L 1.20 1 23% 23% 23% - %
DenRGWle 6 29% 29% 2*<% - %
D*R G W pf S 3 48% 48 48% + %
Derby Oil He 14 16% 16% 16% + %
Detroit Ed 1.20 12 24 23% 24 + %
Det-Mch St 60 3 6% 6% 6%
Det Stl Corn 2 3 23% 23 23% ♦ %
De Vilbias He 1 13’* 13’+ 13’+ - %
Devoe * H A 2 11 22% 27% 22%+%
Diam Ms t 1 Ha 5 40 39% 39%
Diana Sirs .60. 4 8% 8% 8% + %
Sales—
Stock and Add Wet
Dividend Rate 00 High. Low. 1:15. chke.
DUt C-Seac.80# 12 20*4 20% 20*4+ *4
DivcoCol60_. 3 14 13% 13%+%
Dixie Cun 1*4_ 7 46*4 +4% 46*4+1%
DrPenoer 80 . 1 11*4 11*4 11*4+%
Doehler-Jrv«2a 13 34% 33% 33%+ >4
Dome Min bbr 8 14% 14% 14% + %
Douglas Aire 5a 4 7* 76 78 — %
Dow Chem 2.40 8 68% 68% 68% + %
DresserlndJ 40 38 l* 18% 1* + %
Dunlin Co %b IS 13 13 13
Du Pont 1 60* 27 80% 80% 00% + %
Du Pont of 4% 2 125 125 125 - %
DuPnt.-i%0f.T4 3 105*4 105*4 105*4 + %
♦Duo Light nf 5 80 111% 111% 111% + %
EAGLE Pm 20 * 18% 18% 18%
Eastn Air Line. 43 15% 15*4 15%+%
Eastern Coro 4 14% 14% 14%
East Sts 8teel . 1 14 14 14
EastmnK 1.30b 31 46% 46 46 - %
Edts BrStr 1 20 5 16 16 16
Ekco Prod 1.20 1 14% 14% 14%-%
ElasStoo N.60e. 3 8% 8% 8*4
El Auto-Lite 3_ 6 45% 45*4 49%+ %
Elec Boat la 4 17% 17% 17%+ >4
El&Mus In .06a 15 2*4 2% 2*4 - %
Elec Stor Bat 2 4 39*4 39 3* - %
ElginNatW.SOa. 2 10% 10% 10%+ *4
Elliott Co la 7 21% 21% 21%+%
Emer Elec M 3 20% 20% 20% + %
EmerRad 1.20b 11 3* 38% 38% + *4
Emer R&P wl 1 15 19% 19% 19% + %
EmnDlstEl 82e 6 19% 19*4 19% + %
Equit Gas 1.30. 11 23% 23% 23%+%
Erie RR %e * 12% 12% 12% - >4
Erie RR of A ft 3 55% 55% 55%+ *4
Eureka Williams 1 9% 5% 5%+ %
Evans Prod 3 11% 11% 11*4
Eversharo >4* 11 12 11% lUb-%
FAIRBANKS la 2 44 44 44 + %
Fajardo Sue 2a 1 24 24 24 + %
Palstaff Br la 1 18*4 18% 18% + *4
PamPlnan 1.40. 1 16% l«% 16*4+ %
Fedders-Qulk 1. 1 17% 17% 17%-%
FedMoaull.eOa 3 20*4 20 20
Fed Mot Truck 3 5*4 5% 5%- %
Feder D Strs2*4 6 41% 41% 41*4- %
Felt & Tarr .80. 1 10% 10% 10%+%
Fid Phoenix 2a 2 65 64% 64*4 - %
PirestoneT&R4 3 67 67 67
First Nat St 3a. 3 74 73 74 +1
Firth Carnet l 2 13% 13% 13*4
Flintkote 2a 3 29% 29% 29%+ %
rFlintkote of 4 . 50 105% 105% 105% +1
Fior Stove >ie 1 22% 22% 22% + %
Florida Pw 1.20 3 17% 17% 17'4 - *4
Fla Pw&Lt 1 20 + 21 20% S0%-%
FlcrsheimA la 13 13% 13% 13%
Pol!ansbStl*/ie_. 5 16% 16% 16%
Pood Pair .80 . 8 17 16% 16% - %
Pood Mach 1 1 27*4 27*4 27% - %
Francisco S %g 1 11% 11% 11% - %
Freeport Sul 6 2 63% 63*4 63%
Pruenauf Trl 2 3 25% 25% 25%
tFruehauf of 4 10 77% 77% 77% + %
GAIR RBT.40a 8 6% 8>4 8%
Gair R of 1.20. 3 18% 18% 18%
Gamble Skoe 4 8 7% 8
GambSkopfT/v 1 35% 35% 35% - %
Garrett Co ,»0e 5 19% 19% 19%
Gar Wood Ind 3 4% 4% 4%
GenAm Inv.20e. 1 21% 21% 21% + %
Gen Am Trns 3. 14 48% 48% 48%
Gen Bak 60a . 2 10*4 10 10 - %
Gen Bronze la. 1 17% 17% 17%+ %
Gen Cable 3 7% 7% 7% + %
♦Gen Cab lof 4 . 20 68*4 88% 68% - *4
Gen Cab $2nf2. 1 27 27 27 - *4
Gen Elec 2.20e 27 49% 49*4 49%
Gen Foods 2.40 8 50% 50*4 50% - %
Gen Foods of.V4 1 102 102 102 + %
Gen Instru .15p * 10% 10% 10% - %
Gen Mills 2a 2 55% 55% 55%-%
tGenMills nf3% 2 111 111 111 - %
Gen Motors 3e 26 97*4 96% 96% + *4
Gen Out A 70s. 1 22*4 22% 22*4 + %
GenPtCemle. 6 36% 36% 36*4
Gen PrecisEa 1 5 15 14% 14% - *4
lien PUD BVCV«* 12 34* 74* 34*+ 4*
Gen Pub Util 1 . 26 171* 17v» 171* _ i*
Gen Realty .40 3 74* 7i* 74* + **
Gen Refract 2 9 25*+ 243* 244* - i*
+Gen StC of 24 k 40 108 108 108 + >*
GenTelephne 2 2 29 284* 284* — 4*
GenT&Rla . 3 26 26 26
tGnT&R nf 44* 1 844* 844* 844*+ k*
Ga-Pac Ply&L 5 144* 14i* 141*
Gillette 3 5 4U* 41 41>* + 1*
Gimbel Bros 1 62 174* 174* 174* + 4*
Gimbel Br pf44* 1 844* 84V* 84i*+1
Glean Harv 2a. 1 18V* 18V* 18V* - 4*
GUdden 1 60a 6 29 28>* 29 + >*
Goebel Br 40a. 16 94* 9'* 94*
Goodall-Sanfd 7 1644 1 64* 164* - V*
Goodrich BP 4a 16 9744 97V* 974*
Goodrich Df 6 _ 2 1034* 1034* 10344 - 1*
Goodyr T&R 4. 15 5344 53V* 5 344 + 4*
Graham-Paike. 47 2 2 2
Grant WTli . 3 27V4 27>* 274* - 44
Gray-Robin 1 . 2 1444 1444 1444 + 4*
GtNorlrO 1 Viz 1 134* 134* 134* - 1*
GtNorRy pf 1 4*e 5 364* 36 36 - V*
iGtWst8u pf 7. 10 149‘* 149i* 149V* - 4*
Green H L 2a.. 6 3944 39V& 394* - 4*
Greyhound 1 13 10 94* 94* - V*
Grum Air En 2e. 6 274* 2 7 2 7V* - 4*
GuantanSukle 12 74* 7>* 74*+ 4*
Gulf M & O Vie 12 154* 154* 154*
Gulf 011 3 32 72 714* 72 + 4*
Gulf St Dt 1 20 15 23 224* 224* - 4*
HALL PRINT1 a 18 15V* 15 15V* + •*
Halliburtn I’4a 41 314* 31V* 314*+ 4*
Hart S&M 2 40 1 254* 254* 254*+ 4*
Hayes Indust 1 x 2 94* 94* 94* + 4*
Hayes Mf* GO 6 7V* 7v* 7V*
Hazel-Atlas) 20 1 22 22 22 + 1*
Heeht Co 1.00 5 3 3 324* 33 + 1*
Heinz 1.80 1 354* 354* 354* + V*
tHelme Df 14*. 300 42 42 42
Hercules P le._ 3 544* 54i+ 5444 + k*
Hewitt-Rob l 10 194* 19V* 194* + 4*
HeydenCh.lOe 12 13V* 134* 13V* + V*
tHeydnC pf34* 500 704* 70V* 70V* + 4*
HlltonHtls 1.20 7 13V* 131* 13 V* + 1*
Hind* & D ,90e 2 164* 164* 164*- V*
Hires C E 1 .4 13 V* 13 V* 131* - V*
Holly Su Df 1 44. 2 264* 264* 264*
Homestakel'/** 3 444* 44V* 44>*— Vi
tHookElcvnl*1* 120 129 1274* 1271* +2V*
Houd Hersh 1 3 13 12k* 12k* - V*
HousehldFn2.40 4 36k* 364* 364* - V*
Hous L&P 2.20. 2 56 56 56
Howard Strsl 44 1 17Vi 17i* 171* + 1*
Howe Sound 2 2 374* 37V4 37V* — V*
Hudson * M Df. 1 14V* 14>* 14V4 + 4*
Hudson Bsy 4 . 3 404* 404* 404* + >*
Hudson Mot la. 12 164* 164* 16V*
Hunt Foods 3 134* 13 13V* + V*
IDAHO PW1. SO 1 36V* 36V* 36V4 + V*
111 Central lVie. 13 41 404* 41 +4*
111 Power 2.20 6 39 39 39
111 TermRR 80 3 8V4 8* 84*
IndP*Ll.GO 8 32 32 32
Indus Rayon 3b 5 53 52V* 57V* - V*
Ink Rand 13/«e 5 67V* 67>* 67V* - Vi
Inland Stl "a 4 41k* 414* 414* - Vi
InSDlr Con Vie 1 154* 15>* 1544 + v*
IntrchCo 1 20a 3 22k* 224* 774* — V*
Interlake Ir'Ve 22 151* 15 15 *
Int Bus Mch 4b 4 237 238 236 +1
IntHrvst 1 40a 10 284* 284* 78«* - 4*
IntMin&C 2.80 8 404* 404* 404*
Int Ntckl 1 GOa 71 294* 29>* 294* + t*
IntPaper 2'* . 26 48>* 48 48>* + '/»
Int Paper pf 4 . 1 108V* 1084* 108V* +14*
Int Ry Cen Am 5 74* 74* 74* - 4*
tlntRyCApfl V«k 50 60Vi 60Vi 604* - Vi
Int Tel & Tel _ 41 144* 14 14
Int Utilities 1 . 1 22k* 22k* 22k* + Vi
Inter Dep Strs2 2 26k* 26k* 26k* - Vi
JACOBS PL 2 6k* 6i* 6k* + Vi
JaeaerMch l.GO 2 171* 174* 17V*— >/*
tJerCnP&L pf4 250 94V* 94 94V* + 4*
JohnsManl.lOe. 4 49 484* 48k* + 4*
Johnson &J 2.. 1 63 63 63 +2
■'ones K Li a.ou. e JP*4 35 35*4 + >4
Joy Mrs 2 _ 6 *77* *7?* *77* 4- V*
KALAM STVE 3 13*4 IS 13 + *4
Kan P * L 1.12. 3 17 17 17
Kavser J 1 * 1**4 1214 ijv* _ 7*
Ke!sey-H A l*/a» 3 2414 24*4 24*4+14
Kelsey-H B 1 Tie *21 *1 21+*4
Kenneeott l’ie. 23 37*4 5*7* 57 - 7*
KernC Land 3a • 56*4 357* 56*4 + V*
Keystona 1.60a 3 237* 237* 237*
KlmbClark 1.80 10 376* 377* 377*
KooDers Co 2 12 2314 287* 287* + 7*
Kresse SS 2a _ 4 417* 41*4 41*4
Kroaer Co 174* 8 627* 617* 627*+17*
LACLEDE G. 20 _ 13 7*4 7 7
Lane Bryant 1 11 127* 127* 127* — 7*
LaneWlls 1.10*. * 33*4 32*4 3374+1*4
Lee R ft T 2a . 3 48 48 48
LeesftSn 1.40*. 9 257* 247* 257* + 7*
Leh C&N ,30e_. 4 714 7*4 7*4
Leh Val Coal .3 17* 17* 17*
LehVCl 1 of. 81 a 2 16*4 16*4 18*4+ 6*
Leh Val RR * 57* 57* 37*
LehmanC 4.1Se 10 387* 37*4 38
Lerner Strs 1*4 20 23*4 227* 23 + *4
Llb-O-P G! 2e 32 82*4 79*4 *17*+2*4
Lib McN&L *4* 8 77* 77* 77*
LifeSavers 80a. 3 357* 357* 35*4 + 74
Lies ft Mr 4a . 9 *4 837* 877*
Lilv Tulip 1 Vie 10 70*4 69*4 70*4 +3*4
Lima Hamil .60 9 86* 87* 8*4 - 7*
Lion Oil 2 . _ 10 407* 40*4 40*4
Lockhd Aire 2 _ 13 296* 286* 287* - 7*
Loew's 11C 1 *4 . 27 16 157* 157* - 7*
Lone St C 374a 8 76*4 75*4 75*4-17*
Lorillard 60e . 11 26 257* 26 + 14
LoulsGftE 1.80. 2 36*4 36*4 36*4+ 7*
Louis ft N 3.52 _ 7 377* 3774 3774
Lowenstein 2 2 2774 27*4 2764
Lukens Stl .40* 7 20 197* 20 + 7*
MM WDWG 40e 4 16 1574 157* + 74
Mack Trucks 87 15*4 147* 15*4 + 7*
Maty R R 2 15 33 327* 33 + 7*
Macy RH pf 4*4 1 105 105 105 + 14
Masnavox *4e 7 1914 19*4 19*4 + 7*
ManattSus 80s 4 87* 77* 874
MaracaOil ,12e 7 87* 8*4 874 + >4
Marathon 1.40. 4 327* 327* 327*
Marine Midi 7* 3 4*4 9*4 9*4- 7*
Marsh Field 2 37 29 287* 29 + 7*
Martin GL .. 8 14*4 137* 13*4 - >4
Masonite Cn 2 6 65 65 65 4-7*
Master Elec 1 . 3 157* 1ST* 157* - 7*
Math Chm iv,e 4 597* 597* 597* - 7*
May Dept St 3 23 SO 4974 50 +74
tMayDpt pf37i.l30 99 99 99
Martas nf 3 . 3 48*4 4874 48*4
McCall Corn 2.. 17 22 217* 21*4 - 7*
McCord CP 2a 9 22*4 227* 2274+ V*
McCrory Str 2s 12 367* 36*4 3674
McGraw Hill le. 2 32*4 32 32 - 7*
McK ft R 2.40a. 6 386* 38*4 386*- 7*
McLell Strsl 74a 4 247* 247* 244*+1
Mead Cp .80* . 8 23V* 23 23 + V*
Mead Cp 2 pf 2. 1 44*4 46*4 48*4+1
MelvllleSh 1.80 2 257* 257* 257*- V*
Mensel .30*_z 2 13 13 13 + V*
Mercant Stra 1. 12 167* 186* 186*- V*
Merck ft Co 174 3 59 59 59 + <4
MerrttCftSl .60 16 31*4 307* 317*+ 7*
MestaMcb 27*6. 1 40*4 4074 40*4 - *4
Miami Cop 6ie 5 15 15 15
Mid-Cont Pet 3 2 46 457* 457* - 74
MidSoUtil 1.10. 30 187* 18*4 18*4
Midld Stl Pr 2a 4 4 4 437* 437* + >4
Minn-Hon 40h 8 407* 40*4 407* + 7*
Minn-Mol 60e 7 12*4 12 12-7*
Minn-Mo 2pfl *4 2 17*4 17*4 17*4 + 7*
MlnnftStLRy 1 3 116* 116* 116*
Minn P&L 2.20 6 317* 31*4 317* + 7*
Mission C 6*/«f 3 84>* 63*4 84*4 - 7*
MIsaionDev 3Se 6 127* !2‘4 1274
Mo-Kan-Tezas 12 57* 5*4 57* + 7*
Mo-Kan-Tex of 7 287* 26*4 287* + V*
Mo-Pae RR of 1 77* 77* 77* - 74
Mojud Hos ,80a 7 147* 14*4 147* + 7*
MonarchMeh 2 1 287* 287* 287* + 7*
Monsanto Ch 2 . 20 687* 68*4 88*4 - 7*
Mon Ch of B 4 1 120*4 120*4 120*4 + 74
Mont Pow 1 40 30 237* 23 237a + 7*
Mont Ward 26.. 30 977* 576* 976*
Baiea—
Stock and Add Met
Dividend Bate. 00. Blkh. Low. 1:15. chat
Moore-M'Cl 1%. 6 12% 12% 12% - %
Motor Prod 2 4 41% 40% 40% - %
Motorola ltha . 17 9?% 51% 51% * %
Mueller Bran 1 12 15% 15% 15% - %
Mullins M 1.60. Id 18% IS 18%
MurrarCo 1.60 20 JO 10% 18% + %
NASH KLV got 21 20% 20% 20*+ - %
Nat Airlines 7 8% 8% 8% + %
NatAutoFl 60a. 12 20*+ 20% 20%+ %
Nat Avia *«e._ 2 14% 1«% 1«% - %
Nat Bise 1.80e_ 19 37% 37% 37%+%
Nat Can 15c 9 7% 7% 7% + %
Nat Cash Ra 2a 9 38% 38 38% - %
Nat Cont 30e 9 8% 8 8% + %
NatDalr.vPI.20e 20 43% 42% 43%+ %
Nat Dent 8tr la 20 18% 17% 18% + %
Nat DlatUlrs 2 98 23 22% 23 + %
Nat In A Sto* 2 9*4 9*+ 9% + %
NatGvDsm 60e. 14 21% 21% 21% + %
Nat Lead la 25 45% 45% 45** - %
Nat Steel ,60h 1* 40% 40% 40** - %
NatSvpply 1.60 23 18% 18% 18%
Nat Tea 2.*0 . 3 43% 45% 43%
Natomas .40e.. 4 9% 9% 9%
Nehl Corn .70 _ 4 10% 10% 10%
NEKlBya 80 14 12% 12% 12% - %
NewmontMl t»e 3 85% 85*+ 83%
Newport In 40a « 12% 12% 12% - %
NewotNwsS 2a 34 28% 27% 28% + %
NY Air Brak* 2 4 27 26% 27
NY Central 34 13% 13% 13%+ %
N Y Chi A St L 1 1041+ 104*+ 104*+ + %
NYCASLofSVjk. 1 138 138 138 + %
N Y NH A Hart 3 8% 8% 8% + %
NT Shioblde 1 th 2 17% 17% 17*++ %
NYStEAG 42h 13 28 27% 28 j
Nia* M Pw 1 40 33 23% 23% 23% + %
Nla M P A 1.20. 39 27% 27% 27%
Noma Elec_ 9 14% 14% 14% - %
NorfAWest 3a 7 46% 45% 46% + %
NorfAWest pf 1 6 27 26% 27 + 1+
No Am Avia >he 49 15% 14% 14% - %
NorthAmCe.85a 38 20% 20% 20% - %
NoNatGas I SO 4 34% 34% 34%
Nor Pac 1 the 25 20% 20% 20%
Nor St Pow 70. 31 11'+ 11% 11% + %
Northwest Airl 11 9% 9% 9%
NwstAlr of 28p 3 16*/« 16% 16**
'Northwn Tel 3 230 24% 23% 24%
•Norwalk TAR 7 1% i»,a 1%
NorwichPh ,80a 1 14% 14% 14% — %
OHIO EDIS 7 16 33% 33% 33% — *+
rOh Ed pf 3.90 1 99% 99% 99% - %
tOhloEd Pf4.40 60 111% 111 m% +1
Ohio Oil la . 27 36% 35% 36 - %
Oliver Coro 2a. 3 23 27% 23 + %
Otis Elev 1 the .. 2 41% 41% 41%
Owens 111 G1 3 . 8 68 67% 67% + %
Pac Gas A E! 2. 11 35% 35% 35% - *+
Pac Liahtinc 3 5 53% 52% 52% — J*
Pac Mills 2 5 34% 34% 34% + %
PscTinCp 20g 3 3% 3 3%
Packard 40 3% 3% 3%
Pan Am Air tit 50 9 9 9 - 1+
Panhdle EPL 2 12 46% 45% 45% + K
PnhdlePAR.lOa 18 7% 7% 7%
Paraffine ,30e . 33 16% 16*+ 16% + %
Param Piet 2 41 20% 19% 20% + %
Park Utah CM 5 2% 2% 2%
Parke Dav 1 40 17 45% 45% 45% - *+
Parkr Rust 2th. 4 30*+ 29% 30% + %
Patino Min la. 3 9% 9% 9%
Penney J C 2a 4 58*+ 58** 58% + %
Penn Dix C 'he 4 26% 26% 26%
PennGl Sd 1.80 1 32% 32% 32% _ %
Penn PwALt le 14 26% 25% 26% + %
Penn RR th« . 60 16% 16 16% + %
Penn Salt 70e_. 6 51% 51 51% +1%
Peop G LAC 8.21 129% 128% 129% +1
Peop G LAC rt. 38 4% 4 41+ 4. 1+
Pepsl-Cola 47 10% 10% 10% - %
Petrol Corn ,35e 5 14% 14*+ 14*++ %
Pfeiffer Br . . 2 23% 23% 23%-*+
Pflter CAC 2a . 8 71% 71% 71%+ %
Phelns Dodge 4 15 51>* 51% 51% - %
♦Phil C 6<v-nf 3 280 59% 59% 59%
tPhil Co SBnf 6 2 109% 109** 109% - %
Phila Elec 1.20. 2 26% 26*4 26%
PhARCAIl.fiot 10 12% 12% 12*4 + %
Philco Corn 2 16 49% 49% 49% - >+
Phllio Mor 3a 26 55% 55 55% + %
Phil Morris pf 4. 1104% 104% 104** +1%
rmuips ret. u a 5 e>» 68 68% + \a
PittC&Ch 80 1 14% 14% 14% - %
Pitt Con Coal 2 4 27% 27 27 — %
Pitt PiateOl >*e 32 40 i*% 39% _ 1*
Pit Ser & B .60. 5 8% 8% 8% + %
Pitts SteeJ 1 14% 14% 14% +• %
tPitStl 5pf2>**_ 50 87% 87 87 - %
Pitt *WV| . 4 22% 22 22% + %
Pittston Co 1 2 21 20% 21 + %
PlymouthOii 2b. 5 46% 46% 46% + %
Poor & Co B la 3 13% 13% 13% - %
Pot Elec Pw SO 5 15% 15% 15%
Pressd Stl Car 4 8% 8% 8% - %
PressStlC pf2V« 1 31 31 31 -%
Proc*Gm2.60a 9 66 65 66 +1%
Pub Svc Colo 7 28 27'* 27%
PbSr E&G 1.60 22 24% 24% 24% - %
PSE&G pf 1.40 14 28% 28 28%+%
Pub Svlnd 1.80. 7 29 29 29
Publicker In'*f 37 16% 15% 16 + %
Pullman le_ 17 34% 34 34%+ %
Pure Oil 2 76 36% 36** 36%+%
PurityBak 2.40 1 30 30 30 + %
RADIO CP tie 146 22 21% 21% - %
Radio Cp of 3% 5 76% 76 76 —1
RadKth-Orph. 30 7% 7% 7%+ %
Rayonier 2a. 9 35% 35% 35% - %
Ravonier of 2__ 1 34% 34% 34%+ %
Reading Co 2 3 21% 21% 21%+ %
Reed R Bit **e.. 3 17% 17% 17%+%
Reeves Bros 1 11 14 13% 14
Rellan Mfg ,30e 3 9% 9 9% + %
Rem-Rand 1.. 16 12% 12% 12%+ %
Reo Motors __ 7 15% 15% 15% + %
Reo Avia */«e 11 8% 8% 8% — %
Repub Pictures 11 4 3s* 4 + %
Republic Stl 3 _ 57 38% 38% 38**
Rep Steel pf 6 1 110% 110% 110** + %
RevereCop iy«*. « 23% 23% 23% - %
Retail Drue 10 6% 8% 6%
ReynldsMet **e. 1 23% 23% 23% - **
Reynlds Sprint 16 13% 13% 13% + %
Reyn Tob B 2 17 37 36% 36%
tReynTob of4'*190 106% 106% 106% + %
RicbfleldOil 2a' 21 47 46% 46% - %
Roan Ant .15e _ 1 5% 5% 5% — %
Robbins Mills 1 1 24% 24% 24%+ %
Robt-Fulton la. 20 23% 22% 23%+ %
RohmdcB 1.60.. 3 88 87 88 + %
Ronson 1.40a.. >0 18% 18% 18%
Royal Type 2_ 6 22% 22 22**- %
Ruberoidl*_ 4 58% 58 58%+ %
SAFEWAY 2 10 33% 33% 33% + %
St JoeLead 1%» 14 38% 38 38 + %
StLSanFran %a. 8 12% 12% 12% - %
St L San F pf 6 4 46% 46 46% - %
St Reels P .60 64 9‘* 9 9% + %
Savage Ar .60e. 4 19% 19% 19%
Schenley Ind 2. 190 35% 34% 35**+ %
Scovill Mix 2 .. 2 30% 30% 30%+ %
SeaboardAlrl 2 16 30% 30 30% + %
Seabrd Pin 1.80 2 19% 19% 19%+ %
Seabd Oil 1,60a 5 74 74 74 - %
Sears-Roeb 2a _ 40 47% 47% 47% + %
SeegerRefrla 2 19 19 19 + %
Seiberling Rub 3 6% 6'* 6'*
Rervel eng 9 13 12'* 12'*- 1+
Shamrock 1 60 13 28** 28'* 28%
Sharon Stl 3 8 33% 33% 33'*- %l
Sharp Ac D .SOe 12 43 4’'* 43 + %
Shell Oil 2 6 44 43% 44 - %
Sheraton A .60 2 8% 8% 8%
Simmons Cole 7 31% 31% 31% - %
Sinclair Oil 2 80 28% 27'* 28**- >*
Skelly Oil 1 '/«b _ 1 60% 60% 60%-**
Smith A O 1 60 1 35% 35% 35% + %
Smith&Cor tie. 1 19% 19% 19% + %
SmlthAlAcEl 20 2 21% 21% 21%
Socony Vae la 237 21% 21% 2l*A + %
socaroE&G.eo 7 9% 9 9
SoPRicoSu 3V„e 2 43% 43% 43% + %
SoeastGreyl.20. 4 12 12 12
Sou Cal Edfs 2 11 36 35% 35%+ %
Solnd G&E 1%. 2 21% 21% 21% — %
SouthernCo .80. 22 12% 12% 12%
Sou Nat Gas 2 5 38% 38% 38% + %
Sou Pacific 5 .. 42 56 54% 55%+1%
Southern Rt 8. 9 37 36% 37
Sou Rwy of 5 ... 1 57% 57% 57% - %
Sparks Within* 7 8 7% 7% - %
Snerrv Corps. 15 29% 29 29 - %
Soiecel Inc . ..110 12% 11% 12%+ %
Square D CO 1 * 4 17?+ 17% 173* - %
.StdBrnd* 1.20a 4 22% 22% 22%+ %
tStdBrnd*pI3% 80 93% 93% 93%-1%
Std O&E S4 of 8 70% 70% 70% + %
StdGE6nrnf4t4k 1149% 149% 149% + %
Std Oil Cal 4b.. 27 71% 70% 71% + '%
Std Oil Ind 2b 24 50% 50% 50%
Std Oil N J 4 . 44 78% 76% 78%
Std Oil Ohio 2 25 31% 31% 31%+%
Std Stl Sol.60a 13 25 24% 24% - %
StandStlSp of 2 4 52% 52 52% +1
Sterlin* Dr 2a_ 12 36% 36 36%
Steven* JP 2a .. 12 35 34% 34%+ %
Stew-Warner 1. 3 17% 17% 17%-%
Stok-V Camo 1 2 12% 12% 12% + %
stone&Web %a. 4 21% 21% 21%
Studebakrl.3.% 33 34% 33?+ 34
Sun Chem ,30e. 2 10% 10% 10% + %
SunOUtb . 2 62 62 42
Sunbeam 2b .. 2 51 51 51 +1
Sunray 011 1 SO 13 13 13
Sunrav ofB 1%. 8 22% 22% 22%
SunshneBisc 2e 8 59 58’+ 59 + 1+
Sun Oil Cal le . 1 307 307 307 +4
SuperiorStI tie 5 13% 13% 13% + %
tSuth P* pf 4’4 50 111% 111% m% + %
Sweets Am %a J 11% 11% 11%-%
Swlft&Co 1 60a 3 36% 36?+ 36?+
Swift Inti 5 13% 13% 13% + %
Sylvan El 1.40 . 11 22% 22% 22%
Svm Gould tie. 4 6% 6% 6% - %
TENNCP 85*.. 2 18% 18% 18%
Texas Co 4a . 16 69?+ 69% 69% - %
Tex Gulf Pr 1 .28 22% 22% 22%
Tex Gulf Sul 3a 6 73*+ 73% 73%
Tex PacCftO la 9 27% 27 27 - %
TexPacLT .70*. 4 63% 63% 63%+ %
Textron 1 12 11% li% 11% _ ^
Textron of lti_. 3 15% 15% 15%-%
ThatchrGl 20*. 1 9?* 9% 9% - %
Third Ave Trni 2 4% 4% 4% + %
Thomo Pr 1 tie. 9 56% 57 58%+ %
Thomo Starr 5 3% 3% 3% + %
Thom-Starr pf 2 36 35?+ 36 +1
Tide W Oil 1 60 5 28% 28% 28%
TlmkDetAx tie. 10 16% 16% 16% + %
Timk R Bear le. 0 36 35% 36
Transaraerica 1 97 19% 101+ 19% + %
TransWorld Air 17 18% 17% 18%
Tri Cont Cp tie. 42 11% 11% iu+
Truax-Tr 1.40.. 11 13% 13 13
Twen C-Fox 2 . 21 20% 20% 20%
TwenC prpf4ti. 1100 100 100 - %
UDYLITE1 ... 4 13% 13% 13%
On Carbide S... 34 49% 40% 49%
On Oil CaUf 8_. 21 27% 27% 27%+ %
On Pacific 6 7 85% 85 85% - %
OnTnkCar 2.60. 4 33 32% 95 + %
Otd Air Lines . 39 15% 15% 15% + %
Otd Aircraft le. 7 28% 28 28% - %
Otd Bisc 80* 1 31% 31 31
Otd Bd * C tie. 6 10% 10% 10%+ %
Otd Clear Whal. 11 3 3 3 - %
tOtdC*-Wef3t4 2 39% 39 39 - %
Otd Corn .10e__ 61 4% 4% 4%
Otd Fruit 2?4»_ 7 84% 64% 64%
Otd Gas CP 1 38 17% 17% 17%
OtdGsImpl.40 10 28% 28% 28%+ %
OtdMer&Ml 17 14 IJ% 14
Otd Para Thle. 60 10% 18 18%+ %
OtdParTh ct le. 17 16% 18% 16% + %
OS & P Sec tie. 4 35% 35% 35*+-%
0 S Gvnsum 4a XI 129% 128% 128% - %
OSHoffMarh 1 10% 10% 10%+ %
US IndChm tie _ 3 27% 27%
OS Leather 38 18% 17% 18%+1%
0 8 Leather of. 8 54% 52% 54% +2%
O S Line* 2 11 15 14% 14%
OT Ptpe&Pd la. 6 39% 39*+ 39% + %
USPlTWOOdl 40 9 29 28% 29
OS Rubber 1 tie 35 44% 43% 44 -%
U S Smelt tip 24 40% 39% 40% + %
U SSmltofMti 3 60 59% 60
0 8 Steel 1.30*. 98 36% 35% 36 - % I
0 8 Steel pfT__ 1145% 144% 145% J
I
Stock Market Slows
After Rally Continues
Into Its Third Day
By A&soc>ot«d Pr®s*
NEW YORK. June 23—The
Stock Market had a little trouble
hanging on to early gains today.
Prices moved ahead at the start
with gains limited mainly to frac
tions. The rise was a continua
tion of a rally that started Wednes
day and broke a week-long losing
streak, worst in the one-year ca
reer of the 1949-50 bull market.
Profit taking soon began to take
its toll of the advances. The re
sult was a thorough mixture of
small gains and losses.
Business was done in fits and
starts. Overall volumn, however,
reached a sizable total.
Chrysler attracted considerable
attention following formal an
nouncement after the close yes
terday of an increased dividend.
The stock shot ahead around two
points in the final hour Thursday
and closed with a net gain of
2% at 803/i. Buying was evidently
based on hopes for a boosted divi
dend as well as the possibility of
a stock split-up.
Today Chrysler fell a trifle as
short-term traders cashed their
profits.
Merchandising shares again
made a good showing, higher
prices being paid for Gimbel Bros..
Associated Dry Goods, Allied
Stores and Sears Roebuck.
Others up included Republic
Steel. Goodyear, Schenley, Na
tional Distillers, Emerson Radio,
American Telephone, Anaconda
Copper. American Cyanamid, Du
Pont, Westinghouse Electric. New
York Central, Superior Oil of
California and Johns-Manville.
On the balky side were United
States Steel, Youngstown Sheet,
United States Rubber, Lockheed,
Philco, Zenith Radio, Kennecott
Copper, Allied Chemical, Dow
Chemical, Santa Fe and Certain
Teed.
Corporate bonds moved nar
rowly. United States Govern
ments showed a touch of shaki
ness in over-the-counter dealings.
Washington Exchange
_ SALES.
111?*6 "PVt riC8% ow*r eommon—80 *l
Washington Gas common-~lO0 at 26%
”°tomac Electric Power common—20 at
15-•.
PUBLIC UTILITY BONDS.
8m J*T cv db 2%, 1057.. 11«, *1*20%
cv db 2%s 1961__ 114% 115%
Am T&T cv db 3%s 1958 . 128% J29
Cap Transit 1st ref 4s 1864 98% 99%
Georgetown Gas 1st 6s 1961 120 123
Pot Elec Pow 3%a 1966 ... 102
Pot Elec Pow 3%s 1977... 106
Pot Elec Pow 3s 1983 _ _ 102
Pot Elec Pow 2%s 1984 103% "
Washington Gas 5s I960 ]21
Ter RI & W Cp 1st 4s 1958 102
PUBLIC UTILITY STOCKS.
Amer Tel & Tel (9) _*158%
Capital Transit (a.oOi __ *34% 36%
Pot Elec Pwr com (.90) *15% 16%
PEP 3.60% pf A” (1.80). *46% 47%
PEP 3.60% pf ••B'* (1.80) *46% 47%
Southern Co Com U (.801 12% )•>%
Va El At Pwr com U (1.20) -20% 20%
Wash Gas Lt com (1.501 26% 27%
Wash Gas Lt cu pfd (4.251 103 104
Wash Gas Lt cu cv nf (4.50) 106% 107%
BANK AND TRUST COMPANY.
Amer Sec At Tr (tl.OO).. 32 33%
Bank of Bethesda (tl.dU).. 31%
Capital (tl.OO) _ *28 g0
Com & Savings (tlO). ...*350
Liberty (8) _ _ *320
Lincoln (t5) _ “.*340
Natl Sav At Tr (tS.OO).. 427 “II
Prince Geo B * Tr (1.20). 30 . “
Riggs (t 12) . 370 880
Union Trust (tl.OO) 41 43
Washington (6) xr . _ 300 328
Wash Loan A Tr new (1.20) 36 40
FIRE AND TITLE INSURANCE.
American (t6) _160
Caliunbia (t30) _ 13% "I
Firemen’s (1.40)_ *32
National Union (.75)_ *17% ““ “
Real Estate (t6> _ _ 180 205"
MISCELLANEOUS.
Garrflnckfl°r?om (1.60)"" *17% 17%
Garfl 5%% cu cv pf (1.375) *22% 25
Garfl 4%% cu cv pf (1.125) *18 18%
Hecht Co (1.60) ..... 32 33
Hecht 3%% cu Pfd (3.75)._ 96 97%
Lanston Mono (2.00) . 17% 18%
Mergenthaler Lino (si.50) 52% 64%
Natl Mtge At Inv pfd (a.30i 8%
Peoples Drug St com (2.00) *35% 37
Security Storage (tS) .. 118 125
Ter Ref A- Wb Coro (3) 55
Wdwd At Loth com (2.00) *33% 34%
Wdwd At Loth pfd (5) *106%
* Ex dividend, h Books closed, t Plus
extra or extras, a Paid so far this year,
p Paid in 1949. u Unlisted, xr Ex rights.
Dividends Announced
NEW YORK, June 23 (Jb.—Dividend*
declared: Pe- stk. of Pay
Rate. rlod. record, able.
Increaaed.
Landeendorf U Bak 4(ic Q 6-3(1 7-15
Chrysler Corp . $1.75 . .. 8-14 9-12
Extra.
New Eng GAE-2’aC __ 6-30 7-15
Baldwin Rubber 30c .. _ 7-14 7-25
Stock.
Lily Tulip Cup .75% ... 6-30 7-12
Medusa Port Cem 26% __ 7-3 7-16
„ _ _ , Retained.
TJ 8 Indust Chem . 26c ... 7-1* 8-1
Accumulated.
Increased.
Central Hud O&E 15c 7-10 8-1
Int Ry C A 5% pi .*1.25 .. 7-6 7-15
Itmlnr.
Baldwin Rubber . . 15e Q 7-14 7-25
General Refract _ 50c Q 9-7 9-28
Ogilvle PI Mills Ltd-. 25c Q 8-24 10-2
An; Home prod-lOe M 7-14 8-1
Baldwin Loc Wits... 15e-_ 7-7 7-31
Commodore Hotel _ .12 Vac 7-3 7-14
Conti Ins Co_*0e Q 6-30 7-15
Hoffman Radio-25c Q 6-30 7-18
McCaskey Re* _ 50c 8-28 7-1
McLellan Strs __ 3TV4c Q 7-12 8-1
Mountain 8t T&T..J1.50 . 6-30 7-1*
Nat Distillers . 50c Q 7-11 8-1
West Va PAP pf._*1.12% 3 8-1 8-1*
Empire Mlllwork_15c __ 7-14 7-31
Gen Outd Adv -35c 8-18 9-8
Hussman Refgr ,.30c Q 7-20 8-1
Indust Bank of Com..50c 6-26 7-1
Wwer .. -55c Q 7-10 8-1
US Radiator pf_75c Q 7-20 8-1
Bliss E W . .. 25c Q 7-12 8-1
£ud Pkg 4% pf . -*1.12% Q 7.3 7-15
Pid-Phen P Ins ... 50c Q 6-30 7-15
Medusa Port Cem. $1 7-3 7-7
Morrell John .... 12Vic 7-7 7-"a
New Eng G&E . 22 Wc Q 6-30 7-16
_ Sties—
_ Stock and Add Net
Dividend Rate 00 High. Low. 1:15. ehge
BSTobaeeo ,60e * 20% 20% 20% + %
Dtd WtllnaDer. 6 3% 3% 3%
Untv Picture* . 20 9% a % 8% - %
VN RAAL 116e « 34% 33% 34%+%
Vanadium 30e 1 28% 28% 28% + %
Vert-C 8u* 2 11 13% 13% 13%+%
Va El&Pw 1.20. 29 201% 20% 20%
Va Rwy of 1 % 38 28 27% 28 + %
WALKER 1.20e 22 40% 40 40% + %
Walworth .4 8 7% 7%
Warner Bros 1. 93 13% 13% 13% + %
Warren Fdy « 29 28% 29 +1%
Warren Pet .80 10 20% 20% 20%
Wash Gs Lt 1% 1 26% 26% 26%-%
WavnePmp V«g. 3 14% 14% 14%
WestlnSugl Via. 6 21 20% 21 + %
W Ky Coal 2 8 20 19% 20
W Penn El 1.80 17 25% 25% 25%
W Va C&C .60e. 1 14% 14% 14%
Western Air L 3 8% 8% 8%
Western Bn Tel 36 30% 30% 30% - %
Westhse Alt B 3 14 26 25% 26
WestghseE1.80e 176 36 35% 36 + %
Wheel Stl V4h._ 14 30% 29% 30%+%
White Motor 1 3 19% 19% 19% + %
White Sew 2 Vie 11 46% 46% 46% + %
Willys-Overlnd 62 6% 6% 6%
WUlys-Ov pf4% 1 51 51 51 - %
wuson A Co 1. 14 13% 13% i3% — %
Wls XI Pw .90*.. 17 20% 20% 20%
Wls Elec Pow rt 12 Ml %s He
Wdward Iron 2a 4 40% 39% 40%+ %
Woolworth 2* 13 49% 49% 49% - %
WrthPAMl.l** 5 20% 20% 20%
WyandWor.40a 7 12% 12 12%+ %
STALE* TOWN 1 2 34% 34% 34% + %
Pork Corn %.. 20 13% 13 13% + %
YoungSp&W It a 32% 32% 32% + %
fount SAT 5c- *4 96% 95% 96 - %
ZENITH 2V4*~ 39 63 62% 62%-%
Zonlte Pr .10e 16 4% 4% 4% - %
Hoarly Balea on (he Sxehaam TeAr;
11:00 B.m. 430 000 12:00 noon 750 000
1:00 p.m. 1060 000 2*00 o m. 000 000
tBnlt of trading 10 ihareg. «ln bank
!£ receivership or being reorganited
Bankruptcy Act or aecurltles
issumed be such companies. Rates of dl«
lends in the foregoing table are annual
Usbursementg based on the last Quarterly
«r semiannual declaration Bnless other
eise noted, special or extra dividends are
tot Included eld Called, x Ex dividend
‘r rJ*h'E * Also extra or extras, b Plus
'tock dividend d Cash or stock e De
:!ared or paid so far this rear ' "arable
n stock, estimated cash value on ea-J?*‘
ien6 date, g Ptid last year b Declareo
,r_B»W after stock dividend or spllt-op
‘Pef'kfed or Paid this year, an accumula
te Issue with dividends In arrears p Paid
“if Te*r dividend emitted, deferred or no
tetlon taken at last dividend meeting.
Declared, 1949 payable In 1950. yUqul
lating dividend t Parable In stock, exaec
«sh Talus undetermined as declaration
lata. m
N. Y. Bond Market
LIST INCLUDES ONLY SELECTED ISSUES
iFwniihcd hr th« AuMtittI fna.)
Australia As 55 1024*
Brisbane 5s 57 103
Chile _'-::s S3 36W
Qrk 8s«S rt od *5,
RiodeJSHsASst 375*
Oru* « 4,< TS *li«
NEW YORK CTTY
As 80 10*5.
DOMESTIC 1.15
AmAFP 5s2030 SS5.
AmTAT 3>,s5p 1284*
AmTAT 23<S.>7 11*5,
Am I AT 2 4* *81 1135,
AmTAT 23«s7l 1004*
AmTAT 2»«**0 ****
Am Tob 3s Aft _ 104'*
A C L 4s 52 ..1035*
B A O As 50 J 6*
B A O 5s S3 G 39
BAOcy4>,201O *6
BA04s75A 855*
B&O PLE 4s SO 824*
Can Sou 5s 82 103V*
Can Alrl 4s AOA 80
Can Air! 4$ BOB *85*
CRRNJ3'.s«7 4*5*
CA0 3>,sftAE 1015,
Chi A K I inc »7 *4,
CMSP4',s20l8 6*»,
CANW4‘,s»S 3*59
ChlDnSt 3'«»B3 1045,
CCC31 4',,s 7 7 62>/*
ColASo4t,s80 78
Comlth Ed 3s 77107
Con Ed cv3s83 1345*
DelAHud 4s 63. *25*
Erie 4,,s 2015 634*
FI, E Cst 5s 74 71
GultSlUt 3s AS 1045*
HudAM rl 5s57 68
HAM 'nt 5s 57 58
111 Bell 25.S 41 103
i ft"** Otl 6 4*6
ICCSL os tviA 1054*
IntGN 6s 57 *®4i
In-.GN 1 Sl6s57 074*
Int Hr E «* 44 *1
L»eG»s41ss63 118*6
LebCAN3‘»sT0 *64*
LehVC 5s 54 st 101
Leh V 4s 2(.*o:;A S2»*
Me Cent 4s 54 Mts
MSPSSM4«P1 *74*
M-K-T sd 5s67 S»4*
Mo-Pit 5ljs 4M *6*6
Mo-Pit 5s 85 A 102>6
Mo-Pac 5* 77 P 1024*
Mo-Psc 5s ROH 1054*
Mo-Pic 5s 81 I 102*6
Uo-Pst 4s 75 77
Mor A Es 5s 55 60*«
MorAEs 4Hs 55 7746
N O O N 5s 83 lMt*
N YC 5s 2013 674*
ffYC44,s2013A. 61*6
SYC4'PS 58
NYCLS3i*s88 5*46
NYCMC346S88 »*‘«
NYNHIn4‘*s77 *44*
NYKHH4S7007 664*
N Y O W 4s »7 6
NoP»c44is704 7 8546
PennRR 4'-s«5 101*6
Phil B 2*.s 67 102s*
PhPet cv2J»s75 10*4*
SLSP 411*7022 5*4*
Seabla4H*2018 8**6
Soeony 2Hs 76 *9
SouPsc cv 3*60 1074*
So Rsry 4s 56 SJ'«
Third Are 5*60 27
Third Are 4s«0 65
VsElAP 3’is 63 122
West On 5s 80 *5
WstEcv: 65*73 11*
N. Y. Curb Market
list INCLUDES ONLY SELECTED ISSUES
ABC VndCp SO 9H
Alum Co Am 2 60*4
AmBantam Car 7*
Am Maracaibo 474
AmMet Pr 90e 20*4
AmIotACBl'4 287*
Am Seal K ,15e 8
Am Superpowr M»
ArkNatGas.30e 1074
ArkNatGsA.30e 11*4
BabcockAW 4a 59
Bald Rub .HOa 13*4
Barium Steel 4*4
Basic Refrac *4 8
Beck Shoe 1 12*4
Braz Tr LAP 2 19*4
Brown-FDis.SO 13*4
Casco Prod 5*4
ChlefCnsM.OSi 1
Cities Serv 4a 7974
Clarostat OSe 414
Claude Neon 5*4
Colts Mfile . 56
Cons Gs Otl 7« _ 137*
Cont PAM 1 60 16*4
CorroonAR .30 7
Cosden Pet ,20a 117*
Creole Pet 3 37
Croft Brew.03c. IV*
Crown Dru* _ 2
Cub Atl Sue 2a. 227*
Dennison A 1 12*4
DomPinCp 10e. 47*
Duro Test .OSe 37*
East State Cp _ 274
El Bd A Sh 7*f 197*
Palrcld E A.20a. 6*4
Fansteel M V«*. 147*
Ford Mot A 2e. 38
GenFlnan.40. 87*
Gerity Mich . 3*4
I "
uien Aia ci.«ue 13'*
Heseltln* He _ *14*
Imp Oil Ltd H 23'*
IoweHlO&E wd 284*
lowePALwd 22'*
Reiser-Prazer 74*
Lanston Mon 2 18
Louis L A E 2 32H
MonroeLoen 20 3*
Muter Co 60 . 104*
NatBellesH He 34*
Nat Radlatr 60 84.
Nat Trens At*
Nat Onion Red. 44*
Niee Hud Pow 174.
Nlles-Bm P.60 11
Northrop Aire . 84*
Pancoastal Oil. :a*
Panteoer Oil S'a
Pioneer Gold 2»*,
Producers Coro 2'.
Raytheon Mis: 10 .
Rto Gr V G ,05e 2‘*
Rojellte 011.26 lit*
StLewrenceCo 18?*
St Lew pf 2_ 394*
Schulte DA It*
Selected Indus. 34*
Shelter Mfe n 134*
Sher-Wms2H*. 64
Solar Aire ,60a. 144*
South Coast ... 44*
Std Pow & Lt _ 74*
Std Thom .10* 34*
Stroock 1 Hr _ 16?*
On Invest ,20« 94*
Otd Corp ww_ 4*
Otd Lt * Ry
2Hf x-dis . 17
Otd ShMch 2H 444*
Otah-IdaSHf 3*
Walthm Watch. m»
Business Briefs |
Money in Circulation declined to
*26.926,000,000, a drop of *67 mil
lion from a week ago and *419
, million below a year ago.—Federal
Reserve Board.
Bituminous Production for the
week ended June 17 was 10.510,000
tons vs. 10,790,000 the previous
week and 2,190.000 in the 1949
period during a mine walkout.—
National Coal Association.
Retail Sales in May totaled *11,
555,000,000 vs. *11.064,000,000 in
April and *10,763,000,000 in May,
1949.—Commerce Department.
Baldwin Rubber Co. declared a
115-cent quarterly dividend and an
i extra of 30 cents, both payable to
! record of July 14.
Baldwin Locomotive Works de
clared a regular semi-annual divi
dend of *105 a share on 7%
cumulative *30 per value preferred
stock to record of August 11, as
well as a 15-cent quarterly divi
dend on* common to record of
July 7.
Consumers Power Co. profit for
the year ended May 31 was $17,
368,658 or $2.98 * share vs. $14,
476,025 or $2.56 a year earlier.
Eastern Gas & Fuel Association
earned $2,656,877 or $4.14 a pre
ferred share in the year ended
May 31 vs. $10,396,449 or $24.82
preferred a year earlier.
Masonite Corp. profit for the
nine months ended May 31 was
*4,794.200 or *7.10 a share vs.
$2,752,042 or *4.29 a year earlier.
Minnesota Power & Light profit
1 for the year ended May 31 was
$3,408,022 or $3.99 a share vs. $2,
| 728.495 or $3.03 a year earlier.
Northeast Airlines, Inc. lost
$316,794 in the five months ended
May 31 vs. a loss of $186,056 in
the 1949 period.
U. S. Industrial Chemicals
profit for the year ended March
31 was *655,331 or $1.31 a share!
i vs. a loss of $2,391,093 a year ;
earlier. |
International Railways of Cen
tral America profit for the six
months ended May 31 was $763,031
or $7.63 a preferred share vs.
$523, 232 or $5.23 preferred a year
earlier.
California Water Service Co.
earned $839,394 or $2.31 a share
in the year ended May 31 vs.
$725,030 or $2.46 a year earlier.
Pennsylvania Railroad reported
it had moved more freight busi
ness in the last three weeks than
at any time since December, 1948.
Daily movement this week aver
aged 90,000 loaded cars a day.
Produce Markets
Baltimore quotations furnished by the
United States Department of Agriculture:
Apples—About steady: offerings light; !
bushel baskets. West Virginia Wineesps.
U. S. No J. 2Vt-i'/t Inch, 3.50; 2'welnch
up. 4.25-4.50.
Potatoes—New: about steady: Virginia I
Eastern Shore Cobblers, 100-pound sacks,,
U. 8. No. 1. slse A. unwished, 2.25-2.35 '
fair. 1.25-1.50; washed. U. S. No. 1. few
2.15-2.25: other Virginia 100-pound sacks!
Cobblers. U. 8. No. 1. unwished. 2.00;
bushel baskets Cobblers. U. 8 No 1.
washed. 1.25: few hither.
Sweet Potatoes—Barely steady: Florida
bushel baskets. Puerto Ricans. U. S. No. 1.
brushed. 2.50-3.00: New Jersey, ti-bushel
baskets. Jerseys. V S. No. 1. 1.25-1.50.
Poaltry Quotations.
Poultry—Barely steady Receipts light.
Trading light, mostly carried stock Fry
ers. 3-3>g pounds. 29-31 >j. few higher.
Hens, heavyweights. 25-27: lightweights,
too few sales to quote.
Grain Market.
Flour—Receipts. 12.728 100-pound I
sacks.
Wheat—Receipts. 07.032 bushels; ship
ments, 1,700 bushels: stocks. 2.427.559
bushels. No. 2 red winter, garlicky, soot,
domestic. 2.26; June. 2.26: No. 3. 2.185.
Corn—Receipts. 11,301 bushels: ship
ments. 12.3.500 bushels; stocks. 1.215.011
bushels.
Oits—Receipts, 4,600 bushels: ship
ments, none: stocks, 99.310 uUsnels
Barley—Receipts, 4.346 bushels: ship
ments. none; stocks. 112.413 bushels.
Rye—Receipts. 15,269 bushels: ship
ments. none; stocks. 112.413 bushels.
Soybeans—Receipts, none: shipments,
none: stocks. 234.770 bushels.
Mlllfeed—Receipts. 21 tons.
_ Batter and res*.
Ags—Firm Receipts moderate. De
mand good. A large, 31-43, few higher;
A mediums. 36-39: B large. 36-38; cur
rent receipts, ungraded. 32-34.
Receipts—Butter, no mtT Eggs. 1.988
cases.
Chicago Grain
CHICAGO. June 23 (JV—A mild displan
of strength In oats conflicted with a gen
erally lower grain market today
Oats moved up for fractional taina.
traderl attributing the action mainly to
technical reasons aa the market has been
under considerable selling pressure in the 1
last few sessions. Wheat and corn, after !
an early dip. recovered part of their {
losses.
July selbeans fell nearly 5 cents under I
rather aggressive selling. There were
rumors around that a relatively small !
quantity of soybeans stored in Philadel
phia would be send bark here.
Wheat et noon was unchanged to '.
lower. July 2.12V.: corn waa Vi lower to
'.« higher. July 1.4<1».: oats were Vi-*,
higher. July 79'.. soybeans were », to 4V.
lower. July 3.01. and lard was 7 to 12
cents a hundred pounds lower. July 11.90.
a
Business Profits Up,
But Rise Is Reported
Due to Larger Firms
ly tKt Aii««t»d P»tn
The Federal Reserve Board re
ported today a few large com
panies accounted for the upswing
in corporate profits in early 1950—
because they alone were able to
cut costs.
In the June issue of its monthly
Bulletin, the board said smaller
concerns missed sharing in the
overall profits gain because they
have been "somewhat less success
ful in their attempts to reduce
costs in the face of growing com
petition.”
"Larger companies have realized
substantial operating economies
from extensive postwar additions
and improvements to plant and
equipment," it continued
x« General Rise Noted.
' Hence, while corporate profits
for first quarter 1950 were larger
in the aggregate than those of
fourth quarter 1949. the increase
reflects the improved earnings of
a few large companies rather than
a general rise in the earnings of
all size classes of concerns."
The report was issued in the
wake of a decision by the House
Ways and Means Committee to
propose a bill boosting income
taxes on concerns with profits
above $167,000 a year, reducing
the rate on those with lesser net
earnings.
The board saw "a continued rise
in industrial production, accom
panied by moderate increase in
prices,” pointing to a further ex
pansion in business inventories
and in the volume of business
credit this year.
Store Sales Up.
The board also announced that
department store sales throughout
the Nation increased 6 per cent
during the week ended June 17 as
compared with the same week last
year.
It was the best showing in
months. For the January 1-June
17 period sales this year have
averaged 2 per cent below 1949.
But a June upturn has been im
proving this year's standing.
In the June 17 week, department
store sales in the Richmond dis
trict gained 4 per cent.
I . _ _
Pepco Earnings in Excess
Of Base Put at $272,396
I The Potomac Electric Power
i Co. earned $272,396 in excess of
jits basic return of 5‘a per\cent
;on rate base for 1949. the Public
I Utilities Commission was told
yesterday.
The figures were presented by
V. A. McElfresh, PUC executive
accountant, at a public hearing
on the results of the company's
operations last year under the
modified sliding scale plan.
Half of the excess goes to the
deferred credit account under
the plan, and the rest is allowed
on return. This left the company
with an allowed return of $5,905,
543, or 5.63 per cent for the year.
Mr. McElfresh said.
The deferred credit account
now stands at .6 of 1 per cent of
annual operating revenue. It must |
go to 3 per cent before customers
get a refund.
Foreign Exchange
NEW YORK. Junv 23 —Foreign tx-!
«»*’ follow . '°r«» Britain In
dollar*, other* In cent*):
Canadian dollar In New York open
Sffi&t 9% per eent dlacount or JmTts
United States cents, up of a cent.
Europe—Oreat Britain (pound). 2.SOW, I
u»eB»n««d: Orr*t Britain 30-day future*
3.80%. unchanged. Great Britain W-day
future*. 2.80%, unchanged: Oreat Britain
OT-day futures. 2.80. unchanged; Belgium
1 ranci. 199%. unchanged: France;
• franc). 28il of a cent, unchanged. Hoi-;
,und, 2,,30. unchanged; Italy'
(lira). .10% of a eent. unchanged: Portu-!
gal (escudo). 3 48. unchanged: Sweden
krona). 19.37, unchanted: Swltxerland
(franc) (free). 23.08, off .00 of a cant.
New York Produce
NEW YORK. June 23 op>.—Butter ;
329.249: firm Wholesale prices op bulk
Cr*»™«re.’ fiikher than 92 score
(AA). 01 cents: »2 score <A). 69%-SP%
90 score (B). 51%-57?«; 89 score (Cl. 54
Cheese—32.974 steady, prices un
changed. J
Wholeaale egg prices were mixed to
day. Receipts totaled 9.003 cates, lr
regulsr. Spot quotations
Midwestern—Mixed colors, fancy heavy
«'££*?• 2Kfc32:
heavyweight. 40-40%; proceZJid ' 40%
41%; extra 1 large. 36%; extra 2 tart*.
34-35: extra 1 medium 36-37. Browns
fancy heavyweight*. 40-40%: extra 1
Warner Bros] Pictures, Inc.,;
authorized the purchase by the]
company of its common stock on't
the New York Stock Exchange.:
There was no indication of the!
number of shares involved, the
price or time of purchase.
General Motors Corp. reported
its common and preferred share
holders totaled 430,789 in the sec
ond 1950 quarter vs. 433.684 in
the first quarter and 435.862 in
the second 1949 quarter.
Holeproof Hosiery Co. stock
holders will vote July 6 on a
proposal to increase the capital;
stock from 70.697 shares of no,
par value to 1 million shares of
$5 per value.'
Retail Trade Helped
By Favorable Weather
•y th« Associated Frost
NEW YORK. June 23.—Retail
trade stepped forward this week
in response to favorable weather
and store promotions.
Dun Si Bradstreet in a survey
today said: “There was a further
rise in consumer spending in the
week ended this Wednesday, as
favorable weather came to much
of the Nation.
“Overall retail dollar volume
remained slightly.above the level
for the similar week In 1949,
Widespread promotions of sum
mer merchandise were partly re
sponsible for the increase in sales
volume.
"With ready-to-wear clothing
increasingly popular with shop
pers, the selling of apparel rose
this week. Among frequently
sought items for women were in
expensive dresses, beachwear and
cotton sportswear.
"Men’s suits that were widely
purchased were those made of
gabardine and tropical worsted.
Play suits and other summer
clothing for children were fre
quently requested, in keeping with
seasonal needs ”
Departing Shriners
Given Lavish Party in
Hollywood Stadium
• y tH* AssMtoto^ Prtu
LOS ANGELES. June 2S —
Hollywood converted Memorial
Coliseum Into a vast movie set
and therein staged a lavish going
away party last night for the Na
tion's Shriners.
On hand for the grand climax
of the 76th Shrine Convention and
to receive the cheers of 95.000
spectators wera Screen Celebrities
Dan Dailey. Ruth Roman, S. 2.
(Cuddles' Sakall. Rhonda Flem
ing. Steve Cochran. Arlene Dahl,
Bill Demarest. Mona Freeman,
Charles Starrett. Terry Moore.
Marta Toren. Eddie Bracken. Ron
ald Reagan. Gary Cooper. George
Murphy and Red Skelton
Skelton appeared leading a
camel. With him were men bear
ing a sign reading. "Honest Red,
the Used Camel Dealer."
On hand also were Roy Rogers,
who put his horse. Trigger,
through his paces. Grand Mar
shal Cecil B. De Mille, Master of
Ceremonies Bill Goodwin and
George Jessel. who was Introduced
as the toastmaster general of the
United States.
Harold Lloyd States Aims.
Filmdom's electrical wirards
spotted multi-colored searchlights
and spotlights around the huce
stadium Nobles in full reeaha
marched with a dor.cn bands.
Retiring Imperial Potent ate
Harold Lloyd described the chief
aims of Shriners as service to
others, pursuit of happiness and
a belief in a supreme being.
"Underneath our fun is a great
respect for human dignity.” ha
said. He added that the Shrtna
crippled children's hospitals have
cured 150.000 youngsters.
The shimmering spectacle was
climaxed by the appearance of
11 gigantic floats in colored lights,
with the Pasadena Shrine Club
float, a budding rose garden in
brilliant colors, depicting Pasa
dena's famed Tournament of
Roses.
Nobles Injured in Cab.
The delegation from Murat
Temple, Indianapolis, held uncon
testedly the rating of most un
fortunate among convention rep
resentatives. Noble Edward R.
Jordan died Monday in a hotel.
Nobiles Clarence Fberhart. 44, and
Merrill Phillips. 37. both auto
dealers, were injured when their
taxicab and another car collided.
Mr. Phillips suffered back in
juries and Mr. Fberhart possible
rib fractures.
Delegates began leaving for
home early today by train, plane
and private car. Before closing
their convention yesterday, thev
authorized new templps at Albany.
Ga., and San Angelo. Tex. There
was no explanation of the failure
to approve new temples in Alex
jandria, Va„ and Long Beach.
[Calif. Action on the**'two re
quests was delayed, presumably
for a year.
2 D. C. Men Given Posts
j/n Shrine at Convention
Leonard P. Steuart. Washington
businessman and civic leader, was
re-elected imperial treasurer of
the Mystic Shrine of North Amer
ica at the organization's imperial
council meeting, which closed yes
iterday in Los Angeles.
Mr. Steuart. past potentate of
;the Almas Temple here and for
mer imperial potentate of the
Shrine of North America, has
served as treasurer of the group
since 1937.
The five-day conclave rIso re
named Robert P Smith. Wash
ington attorney, as general coun
sel for the organization and the
group's crippled children hos
pitals. The position is an ap
pointed office.
I 4 . I a
merai vuoranons
NEW YORK. June ''.'l tjp* —Spot non
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Evening star. [volume], June 23, 1950, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], June 23, 1950, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972