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Retailers to Confer Here on Management, Personnel Problems By Donald B. Hadley Washington store officials will take part in the mid-year confer ence of store management and personnel groups of the National Retail Dry Goods Associa tion, opening Sunday at the Statler Hotel. The meetings will continue through Thurs day. Morris Moss, store manager of The Hecht Co. of Wash ington, will head a panel on store man agement at 10 Scn- D,rksen' a.m. Monday. Ralph L. Gold smith, vice president and general manager of Lansburgh & Bros, will speak during a luncheon at 12:30 p.m. Tuesday. His subject: “Management Looks Ahead.” Senator Dirksen, Republican, of Illinois, will share the Tuesday platform with Mr. Goldsmith, and will address delegates on “Taking Stock of Our Defense Efforts.” At 2 p.m. Wednesday, Randall Buckingham, vice presi dent, Woodward & Lothrop, will head a panel on store manage ment. The conference will consider problems of operating under de fense controls in the national emergency. Other store execu tives from Washington who will take part in the meeting include; Hobart H. Rohman, jr., work simplification manager. Wood ward & Lothrop; Dorothy Faulk ner, the Hecht Co.; Ruth C. Bartlett, Julius Garfinckel & Co.; Dorothy H. Foster, Woodward & Lothrop; Emily B. Kamps, Frank R. Jelleff, Inc.; Mary W. Sigman, S. Kann Sons Co.; Mildred E. Updegraff. Lansburgh & Bro., and William M. Loman, the Hecht Co. Suburban Trust Approved. The new $62,694,000 Suburban Trust Co., which on May 31, will become the sixth largest banking institution in the Washington Metropolitan Area, received final approval by stockholders late yes terday. Stockholders of the Suburban National Bank at Silver Spring voted 71,348 of the 80,000 out standing shares for the merger of their bank with the Prince Georges Bank & Trust Co. to form the new institution. No dissent ing vote was cast. Prince Georges Bank stockhold ers had voted late Tuesday for the merger and had approved a 20, 000-share increase in the stock for ft 33 l/o Rt/V’lr HiviHonrl rTV-»/» in crease to 80,000 shares matched the Suburban National’s capital and paved the way for a share' for-share exchange of stock to accomplish the merger. Vepco Net Above 1950. Net income of Virginia Electric & Power Co. was $1,033,004 or 19 cents a share in April vs. $875,355 or 17 cents in the same 1950 pe riod, the company reported today. Operating revenues were $5,686, 853 vs. $5,041,395. Net in four months of this year reached $3,814,484 or 70 cents vs. $3,496,239 or 72 cents on fewer shares a year earlier. Operating revenues were $23,269,629 vs. $20,683,784. In 12 months ended April 30. net was $10,436,265 or $1.90 vs. $8,686,771 or $1.87, while revenues were $65,048,381 vs. $58,177,822. Heads Cost Accountants. Walter N. Wilson was elected president of Washington Chapter, National Association of Cost Ac countants, at the annual meeting last night at the Willard Hotel He succeeds Doren D. Vest A native of Washington. Mr. Wilson is an accountant with the Fed eral Trade Commission and an accounting Instructor at Southeastern University. John A. Bard. Ben C. Whhe and Paul Imler were elected vice presidents. James J. Molinelli was re-elected secretary and Allan D. Henry treasurer. Elected direc tors: Harold J. Althouse, Elmer E. Chenowith, Bernard W. Cochran, Stanley Curran, Edward F. Curry, Vance M. Johnston, Florence B. Minor, R. E. Moreland and Searcy C. Spears. B. & O. April Net Reduced. Net income of the Baltimore & Ohio Railroad for April will be ttUUUt «px aiuuuu, iu yvoo au_ nounced at New York after the monthly board meeting. This is a decrease of more than a half million dollars, compared with net income for April, 1950, and nearly $400,000 less than net income for March of this year. The increase in total railway operating revenues for April was more than $4 million. However, railway operating expenses in creased more than $4.5 million, reflecting heavy maintenance pro grams, as well as increased wage afm material costs. Directors of Government Em ployes insurance Co. declared a 14 2/7 per cent stock dividend consisting 0f 25,000 shares of $4 par value common stock, payable July 6 to holders of record June 11. A new share will be dis tributed for each seven shares held. A regular quarterly dividend of 30 cents also was declared, payable June 26 to holders of record June n New officers elected by the Life • Insurance Club of Washington in clude: DeWnt Zook. Equitable Life of Iowa. President; Arthur C. Pearson, Massachusetts Mutual Life, Vice President; William H Fogerty, jr„ National Life of Ver mont, Secretary-Treasurer; and the retiring president Richard E Eckel, Northwestern Mutual Life’ Director. C. Leo DeOrsey, Washington at torney and tax consultant was among six directors re-elected at the annual meeting of Eversharp Inc., at Chicago. I NEW YORK STOCK EXCHANGE (Furnished by (he Associated Frets.) Bales— Stock and Add . Net Dividend Rate. 00. High. Low. 1:15. chge ABBOTT L1.80 6 56 55% 55% + % ACF-Brlll Mot 150 6% 6% 6% + % Acme 8teel 2a 10 3t% 30% 31 + % Adams Exd'ig- 6 *8% 28% 28%+ % Addressog 3a. . 1 54% 5*% 54% - % Admiral Cd 1 5 23 23 23 + % Affil GasEa .80. 4 11 11 11 Air Reduc 1.40 14 29% 29 29%+% Alleghany Cd ... 5 3% 3% 3% AllegLudStl 2a. 13 39% 38% 38% Allen Ind 80a 1 10% 10% 10% + % Allied Chem 2a. 19 68% 66% 68% +1% Allied Mills 2a 2 32% 32% 32%+ % Allied strs 3_ 4 43% 43 43% + % Allls-Chal 3a.. 32 46% 45% 46%+ % Aloha PCemlg 1 37% 37% 37% - % Alum T td 8 HO 7 88 87 . 88 +1 Am Agrlcul 3a 1 58 58 58 Am Airlines V4g 43 16 15% 19 + % Am Bnk Note 1 4 18% 18% 18% + % Am Boschl.20b 3 14% 14% 14% AmBrakeS ,60w 10 37% 37% 37% + % Am Broadcast 18 13% 13 13% - % Am Cab&R 20e 2 6% 6% 6% + % Am Can 4 7 109 108% 109 +1 Am Car & Fdy 34 36% S*> 36 +1 AmC&FDfl.lOe 5 85% 83% 85% +3% Am Ch&Cab 2a 12 31% 31 31%+1 Am Chicle 2a l 41% 41% 41%-% Am Color 1.40a 2 20% 20% 20% AmCrysS 1.20a 1 23% 23% 23% - % Am Cyan 4a 16 99% 96% 97% +1% Am Distillers 2 1 48 48 48 + *4 Am Export L 2 28 19 18% 19 - % Am & Fn Pow 10 2% 2% 2% AmAcFPw S6 of 1 76 76 76 + % Am&F Pw 2 Df 7 14% 14% 14% + % Am Gas * El 3 12 53% 52% 53 + % AmHomeP1.20a 14 32% 32% 32%+ % Am Ice %*_ 3 6% 6% 6% — % Am Int ,:ifig . 2 19 19 19 Aminvm l ouo J. i»v» “"t w Am Loco la 6 20% 20% 20% Am Loco Df 7 3 100% 100 100 AmM&Fdy 80. 6 16% 16 16%+ % Am Mch&M %g 2 13 13 13 - % Am Metal 1* x 3 48% 47% 48% + % AmNatQas 1 60 26 31% 31 31 AmPltL.54E 3 18% 18% 18% Am Rad&SS la 26 14% 14% 14%+% ♦AmRad&S Df7. 1 173% 173% 173% -1% Am Saf Ra V.g. 7 8% 8% 8% + % Am Seating 2a 1 39% 39% 39% — % Am Smelt 2g 3 77 76% 77 +1% ♦AmSmArR Df 7 50 160 159 159 -2 AmStlFdrs 2 40 11 35% 35% 35% Am Stove ,30g_ 1 12% 12% 12%+% Am Su* Ref 4a 10 67% 67 67% + % Am Tel & Tel 0 45 155% 154% 155% + % An Tobacco 3a 12 63% 63 63 Am Viscose 2a 2 61 61 61 + % AmWatWks V«« 13 8% 8 8% Am woolen 2g 23 39% 39% 39% + % tAm Wool Df 7 60 100 100 100 + % Am Zinc 1 14 18% 17% 18% + % AnacondaCnVig 34 42% 42% 42% + % AnchHQl 1 60a 3 27% 27% 27% AndersnClay 3a 6 88 85 87 +3 AndPrlO 1.20a 9 35% 35% 35%+% ArcLDan 1.40g x 2 50% 50% 50% + % Armco Stl 1 Vie 56 42% 42% 42% ♦Armco8tlDf4Vi 2920 108%108 108%-% Armour & Co 8 10*% 10 10% + % ArmstCk 2 60a 2 58% 58% 58% + % ArnoldCnst Via 1 17% 17% 17% - % Artloom 1 1 11% 11% 11% Artloom rts .15 % % % AssoDryQ 1.60 6 20% 20% 20% + % tAsso D Q 1st 6 20 112% 112 112%+1 Atch T&8F 8a 5 156 155 155%+1 Atl City El 1,20 29 20% 19% 20%+ % Atl City Elec rt 37 %, VU %* Atl C Line 2Vig 2 71% 71 71%+1% Atl Refining 4 x22 73 72% 73 + % •Atl Ref DfB3V4 ■ 0 98% 98% 98% Atlas Coro 1 60 10 25% 25% 25% Atlas Pdr 80e 4 37% 37 37 - % ♦Atla Pdr of 4 10 113% 113% 113% Auto Canteen 1 8 13% 13% 13%+% Avco Mfe 60 36 7% 7% 7% + % BALD LIMA 60 62 12% 12 12 Balto & Ohio 43 21% 21% 21%+ % B & O Df 6e 8 41% 41% 41%+ % Barber Oil lVig 3 71% 71% 71%+% Barker Bros 2 1 20% 20% 20% Bath Ir Wks 2 5 23 20% 21 + % Bavuk Clg .80 4 10% 10% 10% Beech Alrc .80 2 12% 12% 12% + % ♦ Beech Creek 3. 20 32 32 32 + % Beech Nut 1.60 2 32% 32% 32%+ % Beld Hem 1.40.. 1 18 18 18 +% Bendlx Avia 3a 10 50% 50% 50% - % BenefLoanlVia. 2 25% 25% 25%+ % Benguet M.07e 82 1% 1% 1% Best Foods 2a.. 10 34% 34% 34%+ % Beth Steel 2g 50 53% 52% 53 + % Bigelows 2.40a. 1 34% 34% 34% - % Black&Dek 2a_. 3 36 35% 36 + % Blaw-Knox la.. 17 17% 16% 17 + % Boeing Air lg . 11 46% 48% 46%+ % Bohn Alum >ig_ 4 36% 36% 36% - % ♦Bon Ami A lg. 380 33% 33% 33% ♦Bon Ami B 330 12% 12% 12% + % Book o’Mo la 3 11 10% 10% - *4 BorB-Wamer 4a 10 65*4 65% 65%+ % BMpfnwl5 58B. 6 49% 49% 49%+ % Bower R Bear 2 2 28% 27% 28% + »/« BrdBBrassl 4 0a 24 16% 15% 16%+ % BriBBS M l'-iB .. 2 34% 34 34 Bristol-My 1.60 2 33% 32% 33*4+ % BrwntBlBelw 1 1 12% 12% 12*4- *4 BrunsBalke 'ic 1 20% 20% 20% + % Bucy Erie 40b 10 22 21% 22 + % Budd Co 1 60a 11 17 16% 16%+ % Buff Force 1b_. 1 40 40 40 + % Bullard Co la 3 27% 27% 27%+ % Burl Mills 1 36 26 21% 21% 21% + % Burr Ad M SOa 19 17% 17*4 17%+% Butlr Bros 30c 2 13 13 13 Butte Cod '.ic.. 5 9*4 9*4 9% + % Byers A Mlc . 1 25 25 25 + % CAL, PKO 2>4a_ 4 65 64% 65 + % Callahan Zinc 6 3% 3*4 3% + % CampbellWy I e. 2 26*4 26*4 26% CanDryGA SOa. 8 12*4 12% 12%+ % Can Brew %g__ 1 19 19 19 + % CanPacle... 53 24% 24% 24% Canltal Alrl. .. 3 14% 14% 14%+% Carey Mfc 1 60 5 18% 18% 18% - % Carpntr 8tl 2a 8 56 54% 56 +2% Car S: Gen .10c. 2 11 11 11 Case J 1 3a 2 62% 62% 62*4 + % Caterpl Tr 1‘,-ic 3 47% 4 7 47%+ >4 Celanese >/«c . 13 49 48% 48% - % Celan cv pi 4%. 7 107% 107% 107% + % Celotex Com 1 1 16% 16% 16*4+ >4 Cen Fdy 80 11 10 9% 10 + % CenHudG&E.fiO 6 9% 9% 9% - *4 Cen niLt 2.20. 3 33% 33% 33%-% CenRRNJA 1 21 21 21 + % CenRRNJB. I 20% 20% 20*4+ % Cen&8W 90 22 13% 13% 13%+% Cen Viol Sub 2e 1 26*4 36% 26% + *4 CerdePas*4w 19 46V. 45 46%+1% Cer-teed la 7 16*4 16 16*4 + % dies & Ohio 2 28 32*4 31% 32 - ‘4 C & O pf 3*4_ 1 85 83 63 -1 Chi Com 60 4 13% 13% 1354 Chi & East 111 . 8 16% 16% 16% + % Chi &E 111 A 2 3 22% 22% 22%+ % Chi Great West 11 24 23% 23%+ *4 ChlGtWpf l*,k 7 36% 36% 36*4+ *4 ChlI&LAl'4k 13 14% 13% 14*4+ *4 Chi Ind & L B . 4 10*4 10 10*4 - *4 ChM8P&Pac 2e 46 23 22*4 22% + % Chi M 8P pf 6b. 10 46% 45% 46 + % Chl&NWIVje 5 23% 23*4 23%+ % ChlNW Df 5.15e 2 46 46 46 + % ChlPneuTlSa 5 41% 40% 41*4+1% Chi R1 & Pac 3 9 55*4 55 55 - *4 Childs Co 10 5*4 5*4 5*4+ *4 tChllds cv Df__. 1 15% 15% 15%+ *4 Chrysler 4c_ 40 74% 73% 74 + % Cln G & E 95c. 4 35*4 35% 35*4+ '/. LlnMlllM 1.40a 2 35 35 35 CIT Flnance4a_ 7 49% 49% 49% - % Cities 8er» 4a. 21 104% 103 104% +2% City Prod 2%.. 1 29% 29% 29%+ *4 dty 8trs 1.40.. 1 18% 18% 18*4+ *4 Clark EouId 3b. 8 43 42% 42%+1% Clev El 111 ”40. 2 44% 44% 44>/> + % Clev Gra Br 2a. 1 35% 35% 35% + % Cllm Moly Vie. 13 35% 34% 35% + % dint Fds 2.40.. 5 32% 32% 32% CloDay Com... 7 4% 4% 4% Coco-Cola 4a 2 114% 114% 114% + % Colo F & I l%a 9 22% 22% 22% Col Brd A 1.60 9 29 28% 28% - % Col Brd B 1.60 5 28% 28*4 28% Col Gas 80 41 13% 13% 13% Col Plot lie.. 2 12% 12% 12% Col&SO El 1.40 4 21 21 21 Comb Enc 8 3a 4 41*4 40% 41*4 +1% Coml Cred 4.80 13 53% 52*4 52*4 - ‘4 Coml Solv la 33 26% 26 26% + *4 ComwthEd 1.60 22 26% 28*4 28*4 Conde Nast 1_ 2 10*4 10*4 10*4+% Cnc-Nalra l'.ja 6 26% 26% 26%+ ‘4 Cons Clear 2... 2 29% 29% 29% - % Cons Cop 20c.. 10 10% 10% 10% Con Edis 2 6 31 30% 30% - % Cons Oroc l’/a 8 17% 17% 17% oonsNatGas 2a 4 53*4 53% 53% + % ?ons Text l'/sa 2 13*4 13*4 13*4 Cons Vult 1.40 2 17*4 17% 17% + % Consum Pow 2_ 7 32% 32*4 32% + % Cont Can 2a . 5 37% 37*4 37%+% ContC&8In.20a 4 10*4 10*4 10*4 Cont Ins 2a . 4 65 65 65 + *4 Cont Mot 40.. x 2 8% 8% 8% Cont 0112.40b. 7 103 103 103 -% Cooper R 80b. 21 26*4 24% 26*4+2*4 Corn Pr 3.60b. 2 75% 75*4 75% - *4 CornlnB G1 1 a. 3 59*4 59 59 Coty Inti ,20e... 3 2% 2% 2%+ % crane Co 160a 4 33 32*4 33 +1 CreamWt 1.60a 3 26% 26% 26% CreameriesAml 2 12% 12% 12% Crown Cork 1 4 18 18 18 + % CrwnZell 2.45* 4 55% 55% 55% Cuban Am S %* 4 23% 23 23% + % Cudahy Pack . 3 8% 8% 8% Curtis Publish. 5 8% 8% 8%-V % Curtlss-Wrl 1. 5 10% 10% 10% DANA 3 ... 2 31% 31% 31%+ % Davis Cheml’A 14 36% 36% 36%-% Daystromla.. 2 18 18 18 DaytnRub .30* 15 19% 19 19% + % Decca Rec .70 8 9%. 9% 9% - % DeeDRock 011 2 1 53% 53% 53% +1 Deere* Col* 25 60% 59% 60%+ % Del & Hudson!. 3 48 47% 48 DelLack*WV»g_ 3 13% 13% 13%+ % Del P&L 1.20. 1 22’% 22% 22%+ % Den*0. O W 3*. 3 59% 597% 59% + 7* Detroit Ed 1.20. 6 22% 22 22%+ % Devoe&Ra A 2b 1 257% 25% 257% + % Diam Mat 2a_ 1 49’% 49’% 49’%+ % Diana Str .80.. 3 9% 9% 9’%- % DistCu8 1.20a. 9 26% 26 26»% + % Dixie CUD 3 3 64% 64 64% + % tDlxleCUDA 2% 70 63 63 63 -2 tDlxCuoAcld2Va450 63% 63 63 Dr PeDDer .60 2 11% 11% 11% DoehlerJarvs 2a 10 34% 34 34% + % Dome Min 67* 41 16% 15% 16 + % DouglasAlrc 6a 3 97 96 97 Dow Cb 2.40b 14 90’% 89% 907% +15/, Dresserlndl.40 7 23 22% 22%+ % Duplan CD 1_ 3 13% 13% 13% Du Pont 85* . 32 96% 95% 96% +1% .-AGLE 1.20a . 1 20’% 20’% 20%+% East Air L ■/«*_ 13 23% 23% 23% East Coro Va* _. 4 21’% 21% 21% - % East B StI .20* 5 17% 17% 17%+% EastmnK1.40w 24 45% 45 45 - % Eaton Ml* 2a 6 40% 40% 407%+ % El Auto Lite 3a. 7 50% 50 50% + % Elec Boat la ... 8 20% 19% 20% El&Musln .06*. 8 2 2 2 El Stot Bat %*. 1 44% §44% 44% + % Elliott Co la... 3 25% 25% 257%+*% ElPaso NO 1.60. 3 26% 26% 26%+ % 1 Emer Elec 1.40. 4 18% 17% T18% +;% EmerRad*Plb_ 4 13% 13% 13% * Bales— Stock and Add Net Dividend Rate 00. High. Low. 1:15. chge EmnlreDEl «6g 1 18% 18% 18% + % Endlcott J 1.60 5 29 28% 29 + %' Eoult Gas 1 30 17 20% 20% 20% + % Erie RR tie 36 2? 21% 22 Erie RR of A 6 3 67% 66% 67% - % Evans Prod tie 1 16% 16% 16%+% Eversharn 1.40 5 14 13% 14 Ex-Cell-O Vie 2 41% 40% 4C% - % PA1RBNKS 2a 2 51% 51% 51% Palardo Sue 2a. 3 22% 22% 22% + % led Mogul 2 . • 5 30% 30% 30%+ % fed Mot Truck. 5 6% 6% 6% + % FederD8tr 2Via 7 49% 49 49% + % Ferro Enm 80e 3 21% 21% 21)/, FldPhoen F 2a 2 68 68 68 +1 Firestone 4a 9 94 92% 93% +1% First Nat St 3a. 1 -77% 77% 77% - %j Flintkote 2a 23 30% 26% 29% + % Florida Pw 1.20 9 18% 18% 18% Fla Pw&L ,70g_ 5 22% 22% 22% Pollans Stile 3 22% 22% 22% Food Fair 80b 6 20*% 20% 20%+% Food Mach tig. 4 38 37% 38 +1 Fostr Wheel 2a 5 42% 41% 42% + % Francis 8 2Vie 3 22% 22% 22% + % Frank 8tra 80 2 10% 10% 10%+ % Freeport 8ul 5 4 85 84 85 +1 Fruehauf T 2b 2 27% 27% 27% + % Galr Robt 60 8 13% 13% 13% + % Gamble Sk lie 14 8% 8% 8% - % Gardnr-D 1.40a 3 21% 20% 21%+ % GarrettCo 40g 3 19% 39% 19% + % Oar Wood Ind 15 7% . 7% 7% + % Gar Wood pf 5 36 36 36 GenAmlnv log 7 74 73% 74 + % Gen Am Trns 3 7 52 51% 52 + % Gen Bak :S5g 4 11% 11% 11% - % Gen Bronze la 1 16% 16% 16%+ % Gen Cable 15g 5 9% 9% 9% - % Gen Clear 1 3 16% 16% 16% Gen Elec l.M6e 47 54% 53% 53% Gen Foods 2.40 9 44% 43% 44% + % Gen Instr 20e 3 9% 9% 9% Ge~ Mills 2a 2 58% 58% 58% -1 Gen Mot of 344 2 99'i 9944 9944 - *4 Oen Por Cem2a 2 367% 367% 367% + >4 GenPbUtil 1 20 12 1674 167% 187%.+ 74 GenRy8Igl.20a 3 2474 247% 24*% GenReal&Ut 7% 32 84% 87% 84%+ 7% Gen Refrac 2a 3 33 33 33 Gen Time 2a_. 1 354% 354% 354% - 7% OenT&R2 x 4 48 4774 48 +174 Ga Pac Ply 174. 5 227% 2274 22*% - 4% Gillette 2 . _ 3 2844 2844 2844 + 74 Oimbel Bros 1.. 14 1974 194% 19V% + 7% GUdden 2a 5 37 36*4 37 +17% Glidn cv of 274. 2 6074 607% 60*4 + vt Goebel Br 40a. 2 84b 8>b 84% Goodall Sanfd. 6 2144 2144 2144+ 7% Ooodrich 1 h 6 53*4 52*% 53*4 +2 Goodyear 4a 24 8274 8144 82 +144 Oraham-Palge 3 34% 34% 34% Granby Min __ 2 74s 74% 74% - 74 Granite C Rt) 3 254% 254% 25'% Grant WTl'i 2 29*% 2944 29*%+ 74 OtNpRypf-g *14 514. 5>1>4 5174+4% Gt West 8 1.20a 7 1914 1914 191% nleenJ^.L8 37% 37’/‘ + 74 GreenfT&D 2a. 2 2774 27 27 + 74 Greyhound 1 24 114% n*% 1114 GrumAlr En lg. 20 2374 22*% 224% Guantansugie 3 127% 12*% 124% + 1% Gulf M & o 2 . 12 267% 257% 2674+ 44 Gulf M&O Df 4 66 II.% 66 + 44 Gulf OU 3a 3 1 8574 8 5 857% +17% Gulf St Ot 1.20 x 5 204% 2074 204. + 1% HALL PRINT la 2 174% 174% 174%- 7% Halllburt 2Via. 11 344% 3414 344%+ 44 Harb Walk 2a 1 3074 3074 307% + 1% Hayes Mfg ,30g. 1 774 7V» 7‘4 + 7% Hazel-Atll ,20a 2 2344 23*% 2344 + 1% HelmeQWl.60% 11 234% 23»% 234% - 44 HerculesP ,55g. 3 7274 7174 7174 +14% Hersh Choc 2a. 1 427% 42 42-4% Hewitt R 1 60a. 5 24*% 24 2444 + 1% Heyden Ch 43g 18 23*% 2374 2314 + 74 HiltonHtls 1.20 4 1414 1414 1414+ 14 HollandPurnSa 49 25‘4 257* 257% + 4% Holly Sugar 1 5 2174 2044 21 + 14 Honolulu Oil lg 3 55*4 55*4 55*4 + >4 Hnmcstake 3 9 38V. 38*4 384%+ V. He. ud Hersh Tig 9 134. 134% 134%+ > 4 HousehldF 2.40 6 35*% 357% 35*/.- >4 Houst L&P SO. 14 18*% 18*4 18*4+ 74 Howesndl'.yg. 3 58*4 57*4 58*. + 4. HudBayMln 4a 10 51*4 51*4 5174 - 14 Hudson Mot la 7 17 17 17 Hunt Foods *4f 4 2314 23*% 2314 Hunt) Coro 3 344 34. 34% Hussmnn 1.20a. 4 ie7% 18*4 187% + *% IDAHO PW1.80 2 3 344 3 344 3 3*4 + 7% 111 Central 3 _ 8 63*4 63*4 63*4+ 44 H Power 2.20 14 33*4 33*4 33*4 111 Term RR so 3 9 9 9-14 Indus Rayon aft 5 62*% 6174 6274 + *% Inger-Rand 2g.. 4 78 77*4 78 + 44 Inland 8tl 144*. 6 504% 504% 50*4+ *4 Insplr Cod 74*.. 8 224% 22*% 227% + >4 Intercon Rub... 5 37% 354 3*% Interlaken */.*. 5 1744 1744 1 7*% int Bus Mch 4b 1 204*4 204*4 204*4 + 7% gsr,vest =» 33 334% 33*4 33V. + 7% IntHyuroEIA 21 1674 1 6*4 167% + >4 I 60 1 4 3 274 31V. 32+44 Int Mining 4e. 3 314 ha 3*a MINICI1 l.eoi X56 34% 33% 33%+ V, tint Nick of 7 240131 130%1J1 - % tntPack 60a.. 2 14 14 14 IntPaocrSh 12 51% 51 51%+ % IntT&T 30w 11 15% 15% 15% la m O&E 1.80 5 26 25% 25% - V. Iowa P&L 1.40 3 21% 2li» 21%+ % Isl Crk Coal 3 2 33% 33% 33%+ % JACOBS FL, 3 5% 5% 5% Johns Man 1 '/* 6 56% 56 56%+% Jones * L 9Oh 23 25% 25% 2514 + % Joy Mf* 2a 5 32% 32% 32% - % KAISR AC 1 30 3 32% 32% 32%+% KanCP&L 1.60 14 25% 2474 25%+ % Kan P&L 1.12 12 16% 16 16% Kayseri 3 14 13% 14 Kelsey-H B 2 '/a 9 28% 28 28 - % K»nnecott 174* 20 73% 73% 73%+% KernC Land 2* 2 64% 64 6474 +1% Keystone 1.60a. 3 22% 22% 22%- % KlmbClaA2.40 8 45% 44% 44% - % Koncers Co 2a. 8 42% 42% 4274 + % Kres*e S S 2a . 5 3874 38% 3874 + % Kro*erCo 1.60. 3 36 35% 36 + % LACLEDE 0.40 41 7% 7% 7% Lambert V«*— 1 26% 26% 26%+ % Lee R & T 3a. _ 2 64% 64 64%+1% Leh C & N 35* 5 9% 9% 914 LehValRR 4 1174 1174 11%+% Lehmen Cn 30* 3 71 7074 71 + % Lehn&Flnk 'ia 70 17% 16 17% +1% Lemer 8trs 1% 2 22% 22% 22% - % Llb-O-Fd G1 1* 13 33% 33% 33% + % Lib McN&L tia 11 9% 9 9% Lie* & My 4a 6 70% 70 70% + % LUy Tulin 2 1 55% 55% 55% - % Link Belt 60h. 5 44% 44% 44% Lion 011 2 10 42% 42% 4214 - % Lockhd Alrc 2a 7 3674 38% 38% + % Loew’s Inc 1 % 25 1574 15% 15% Lone St Cem 1* 3 82% 82 82 Lone Isl L 80 87 14% 1414 14% + % Lone Is Lt rt 270 %2 % %, + %, Lorillard 1 20a 14 22 21% 22 + 14 Lou & Nash 4 4 5274 52% 52% + % Lowenstesn 2a 10 31% 30% 31 + % M'AND&F® 2*. 1 3774 37% 37% - % Mack Trks'/a*. 3 17% 17% 17%+ % Macy R H 2 . 3 33 33 33 : laenavox %* 3 16% 16% 16% Manat! Su 80a. 6 13% 131.4 1314 Marathon le 2 46% 46% 46% Marine Midi % 14 10% 10% 10% Marsh Field 2.. 3 3074 30% 3074 + % Martin OL- 4 17% 17 17%+% Masonite 1- 6 3374 33 % 33%-l MasterE 1.60b. 2 1974 19% 1974+ % Math Ch 1.50a. 12 40% 39% 40%+% MayDDtSt3.60. 6 64% 64 64%+ % McCroryStrs 4 18% 18% 18%+ % tMcCrory nI3% 40 99 99 99 -1% McOraw El 3a 10 51 50% 50% - % McIntyre 2.0la 4 56% 5574 56% + % Mead Co 1.60a 1 2474 2474 2474+ % ♦Mead Cd t>14% 50 91 90% 91 +2% MelvllIeSb 1.80 4 24% 24% 24%-% Menxel 2 3 18% 18% 18% - % Merck* Co 2a. 9 81% 80% 81 + % Mere Lino ,40h. 1 29% 29% 29% MerCh&81.60a 3 23% 23% 731,4 MestaMch 2%a 4 54 53% 54 + % Miami Cod %* 5 18% 18% 18% 4- % MldCont Pet 3a 5 60% 60 60%+ % Mid St Ut 1.20 23 1874 18% 18% + % MldldStlPr3a 4 44% 44 44 - % Minn Honey 1 * x40 4674 46 46% + % Minn Mol 1.60 14 22% 2214 2274+74 MlnnM&M'ih 15 47% 4674 47%+ % MisslonCn 7V«f 2 83% 83% 83% + 14 Miss Dev 40*. 11 15% 15 15% - % Mo-Kan-Tex 10 10% 10% 10% + % Mo-Kan-Tex Dl 7 62% 6174 6 2 + % Mo-Pac RR of 18 31% 31% 31% MonarchM .tiOh 2 19 19 19 - % Monsanto 2%a 16 87 85% 87 +1% Mont Dak 0.90 70 19 18% 18% + % Mont Pw 1.40a 3 2374 23% 23% + -% Mont Ward 2a 32 71% 70% 70% Moore-M'Cl 174 3 16% 16% 16%+ % Motorola 2b 3 46% 45% 46% + 54 Mueller Br .30* 7 20% 20 20 + s/e Munsln*wear 1. 3 1374 13% 13% - % MumhyQC174a 3 52 51% 52 NASH KELV 2a 23 20 19% 20 + % ♦Nash C&SL 3a 40 66% 66% 66% + 74 Nat Alrl V«* 3 15% 15% 15%+ % VatAutoFiber 2 6 19% 19% 19% + % Nat Avia 1.6Se. 9 19 19 19 + % Nat Biscuit 2 23 3414 33% 34%+% NatCash R 2.60 6 51% 51 51 - % NatCont 80 x 9 12% 1274 1 274 + % Nat Cyl Oas lb 14 14% 13% 14% + NatDalry 2.80a x 10 46 45 46 + % Nat DeDt Str la 5 20% 20 20% + % Nat Dlstlllrs 2 37 29% 29 29% + % Nat OVD 35* 5 K 17% 18 Nat Lead 2a 8 71 70 71 + 74 NatMal&SC'l*. 6 35% 35% 33%+ % Nat Steel 3a 16 49% 49 49% Nat Sun 1.60a. 10 27% 26% 27%+ % Mutmuor Afire 4. rt rt T ** Nehl CorD .70.. 1 11% 11% u% + % N E El Sys .80.. 13 12% 12% 12% B Newmont Ml!. 1 105 105 105 +1% NewotNwsS 2a. 6 32% 32% 32%+ % NYAlrBrke3.20 4 42 42 42 + % N Y Central le_ 22 19% 19% 19% + % NYChi&StL. 2 209 206% 209 +1 NY C&SL Df 6 6 106% 106% 106% + % NYC Omni Vit_. 14 18 17% 18 NY NH & Hart. 6 17% 17% 17*%+ % NY NH & H Df.. 2 49% 49% 49% +1% N Y ShlDbldg.. 5 16% 16% 16%+ % NYStE&Q 1.70 3 26% 26% 26% Nlag M Pw 1.40 10 21% 21% 21%+ % Nia MPA 1.20 12 26% 26 26%+% Norf & West 3a 17 47% 47% 47%+ % NoAmAvia l'/«e 15 15% 15% 15%+ % No Am Co 1.20 29 18% 18 18%+% NoNatOas 1 80 7 34% 34% 34%+ % Nor pacific 2 27 38% 38 38 + % Nor 8t Pow .70 13 10% 10 10% Northwest Airl 9 14% 14 14% + % Northw Airl Df 12 22% 122% 22%+% NorwichPh 80a 7 19% 19% 19% OHIO EDIS 2 20 31% 31% 31%+% Ohio Edls rt 263 % % +%, Ohio Oil l.'/*g 20 52% 52 52% + % OklaG&E Df80 . 1 18% 18% 18% + % '■diver CD 2 40 20 30% 30% 30%+ % tOliver of 4%.. 1 100% 100% 100% - % Otis Elev l'/ag. 6 37 36% 37 + % Owens HI O 2g_ 1 76% 76% 76% + % PABCO PR .60. 1 18Ve 18*% 18% - % Pac G & E 2 . 13 32% 32% 32% + % Pac Lighting 3. 4 51% 50% 50% - % [ PacTlnCoo.lSg 20 5% 5% • 5% + % Pac WestOll... 23 18% 18% 18% Packard ,20g... 82 5% 5% £5% +;% PanAmWAirVie 51 11% 11% Xl%+ % Panhdle EPL 2. 2 45 45 45 + % I Sales— I Stock and Add Net Dividend Rate. 00. High. Low. 1:15. chge Panh P&R log 30 8% 8% 8% + % Param Plct 2 5 22% 22% 22% - % Parke Dav 1.80 3 55% 545* 545* - % Patino Min 84g 6 16% 16** 16% - % PeabCoal 60 2 6% 8% 8%+ % Penney J C 2a 2 66% 66% 66% - % PennDixC 160a 8 27 265* 27 + % Penn RR %g 63 20% 20% 20% + % Pensi-Cola 8 10% 10% 10% + % PetroCn 1.55e 4 21% 21% 2184+ % Pfizer C&Co 2a 1 108% 108% 100% + % PhelpsDodtf V«g 16 67% 66% 67%+2 PhtJa Elec IV? 13 28 27% 28 + % PhA’RC&Il 40a 1 14% 14% 14>* _ % Phllco 1 60b 5 22% 22% 22% + % Philin Mor 3b . 1 51% 51% 51% - % PhllllD Pet 4.80 38 84% 64% 64% + % Phillips Pet wi 8 42% 42% 42% + % Pitney Bowes la 3 16% 16% 16% P'tts C & C 1 3 2884 28% 2884 + % Pitt Con Coal 3 5 40% 40 40% + % Pitt Forg V«g .. 7 18% 10 18%+ V. Pitt PI <31 70g_ 8 42% 42% 42%+ % Pitt Sc&B 60a _ 2 9** 9% 9%+ % Pitt Steel .. 8 23 22% 23 + % Plymouth Oil 2b 2 60% 60% 60% + % Pond Creek 4.. 3 50% 50 50 - % Poor* Co la 1 17V< 17% 17%+ % Pot Flee Pw 90 6 13% 13% 138* Pressed 8tl Car 2 1384 1384 1384 + % Proc&Gm2.60a 3 71% 71% 71%+ % PubSvColol.40 6 26% 26% 26% + % PbSvcE&G 1 60 56 22% 22% 22% P8E&GDf 1.40 23 2484 24% 24% - % Pub Svlnd 1.80 15 27% 278* 2 7 84 + % Publicker *if 15 22% 21% 22 + % Pullman la 17 46% 46% 46%+1% Pure 011 2 . 22 51 5084 51 + % QUA OATS.35b 4 35% 35% 35% - % ADIO CP %g 51 19 1884 19 + >/4 • tKO Pictures 39 3% 3% 3% RKO Theaters 20 3% 3 3 — 1* tRRSecIlC Hi* 60 62 62 62 +1 Rayonter 3 __ 1 46% 48% 48%+ % Reading Co 2.. 3 28% 28% 28% Reed Roll B la 2 19% 19% 19% + % Reeves Bro 1 20 4 16’* i«ia xui 1/. Rem Rand lb.. 46 19% 18% 18% + % Reo Motors 9 21% 21 21 Reoub Avia >'.g 11 13% 12% 13%+% Reoub Pictures 10 3% 3% 3% + % Reo Piet Df 1. .. 3 9% 9% 9% Reoub Stl l%g. 25 42% 42 42%+ % Revere Cool* 10 32% 31?* 32%+% Rexall Drug .. 7 7 6% 7 Reyn Met'is 18 51% 51% 51%+ % Reyn Tob B 2 19 33% 33 33% + % RheemM7 40 x 4 32 31?* 32 + % Richfield Oil 3a 9 55% 55% 5i% + % Roan Ant 38e 13 9 8?* 9 + % Robbins Ml1* 1 38% 38% 38% - % Rob Fulton 1 Vja 6 20% 20% 20%+ % Ronson 1 40a 18 19% 19% 19% + % Ruberold tig 2 54% 54 541* + % SAFFVVY •/ 40a 7 35% 35 35V. + % St Joe Ld l'ig 23 43% 43% 43% - % St Joe L&P 1 % 3 20% 20% 20% - % St L San F 1 %g 9 27 26% 26?*+ % St Regis P 60a 37 14 13% 13?*+ 14 SavageArm.70g 6 19% 19% 19% + % schtnley Ind 2 54 37% 37 37%+ % Scott Pao 2 2 48 48 48 Scrantn Elec 1 2 14% 14% 14% + % Scabd Fin 1 80. 3 18% 18% 18?*-% Sears Roeb 2a 19 53% 53% 53% Seegcr Ref 70g. 3 16% 16% 16% Selber Rub %g 11 151* 14?* 15%+% Serve! V.g .5 10 9?* 10 + % *sham O A G 2 11 33% 33% 33%+ % Sharon Stl 3a 15 46 44?% 46 +1 Sharp & D ,45g 7 45% 45% 45%+ % Shell OHM 4 55% 55% 55V. + % Sheraton A 60. 3 10 10 10 Simmons Co lg 15 34 33% 3334+ 14 Sinclair 011 2a 38 39 38% 38% + % 'mithAO1.60 2 37% 37 37%+ % SoconyVac 1 60 54 31 30% 30%+% So Am Gold V.g 10 5 4?* * + % SoCaroE&G 00 5 6% 8% 8% + % SoPorRlc 6U Jg 4 61% 61% 61%-% SouthernCo 80 54 11% m* ni4 SouNatGas 2 V. 1 43s* 43% 43% — % Zou Pacific 5a 26 67% 67 67% + % Sou Rwv 2g ._ 18 54 53% 53% + % SOU Rwy of 6.. 2 67 67 67 SDerry Com 2 6 30% 30% 30% + % Snlegel 1 3 11% 113* n?*+ 1* Sauare D 1 40a 6 22% 22 22% + 5+ r oulbb 2 16 51% 51% 51%-% StdBrnds 1.20a 11 23s* 23% 233* + % Sid Coil Prod 1 2 12% 12% 12% * Std Gas * Elec 5 9% 9% 95+ + i4 ®tdGATE7pr3%k 2 165 164% 165 +1 StdOilCall 30h 48 47% 46% 47%+1% std Oil Ind 2b 33 66% 6lv* 66%+ £ Std Oil N J 6a 36 1143* 114 11414 + ia Std Oil Ohio 2b 18 36% 37 Std Stl Spg 2b 4 23% 23% 2334 + 1+ StarrettLs *.g_ 4 42,* 411* 42i* + 7* sterling Dr 2a.. 9 39% 39% 39% - % Sevens JP 2a. 5 42% 41% 42>* + 3* 'tew War 1.40a 3 17% 17% 17% Stone&Web-*,g 28 24% 24 24%+ % studebaker V.g 15 30% 30 30% + £ sun Chem ,60a 2 11?* 113* 11?*+ 1* Sunray 01.20 55 20% 19?* 20 + 1* Sunray pfAl.06 3 23 23 23 + ^ Sunsh Biscuit 4 6 62% 62 62%+ % Sunshine M 80 7 11% 11% lu* Sup steel V*g 3 19% 19% 19% + % SwiftACo 1 60a 10 33% 33% 33% + % -29‘ B + I4 Sym Gould ' kg 4 9 e% 8% Tmsmn IV* 344 35,4 + 5,4 itAAS CO^a. 17 96 95** 96 +1 Texas Co wl 11 46*4 48 4e** f y. TexGulfPrl.40 24 76i/4 75i* 26 + il T-eJt2yU^SUl 44 2 96i* 96*4 96*4+ »'4 TpxPCA’O J 40 3 36*44 35 36*a -4- s-c Tex & Pac Rv 6 2 94 94 04 + * Texas Util 1 28 10 26% 26% 26% + % Textron 2 8 19% 19% 19% +. % Ihermoid ROa. 3 10% 10% 10% Thomas Stl 2a 17 30 29% 29% + % ™."lSTPro 3034 3714 30%+1% T de w Assoc 2. 4 36% 36 36%+% Tlmk DetAx 2b. 5 23% 23 23% + % TimkRBeltig 6 48% 47% 48%+1% Toledo Edls 70 18 10% 10 10% TransWorld Air 7 23% 23% 23%+% Transamer 2V.f 20 18% 18% 18% + % Xrl Co2tJ,7e . 23 12% 12% i2H+ L T» en C-Fox 2 62 20% 19% 19% + % Twen C-F nfl % 2 35 34% 35 +1% TwenC nmf4%. 2 100% 100% 100% - % Twin CRT.80g. 4 11 11 n _ 1, UNION BAG 2a 13 44% 43% 44% + % Un Carbide 2a 27 59% 58 59% +1 On OH Calif 2 31 38% 37% 3e% + % Un Pacific fta 3 104% 103% 104% +1% ;7'J Air L *ie 25 28% 28% 28% + % Utd Air L 014% 1 119% 119% 119% +1% ;ltd Alrc-b 13 31% 31 31 + y, Jtd Coro 20 67 45'® 4*/a 41 a UtdEnsf&Fd 3a 1 49*4 493,4 493^ _ 3/ ms £rU‘L:>a 15 661,4 6®‘» 68‘ e + is ntn >?r,D 1 12 201,4 20 20%- % * M la 25 15% 15% 15% + V UtdPaiamTh 2 17 la% ie% levs + % ®4F S<!C :->,‘e 11 as 44% 45 +% u S Gynsum 4a 3 108% 108% 108% U S Hoff Mach 4 14 13% 14 + v US IndChem 2g 13 56% 55% 56% + % US Leather 20 22 21% 21x44.% US Lines 2 ... 7 18% 18% 18% t % U rf PlDe & P 3 2 39 39 39 + \a US Plywd 1.4Ob 5 35% 35% 35%+ % USRubber 2fig x26 6534 64 65%+1% *U S Rltb Df 8 x320 136% 135% 136 U S Smelt %g 13 53% 53 53% + % US Steel lfig 85 43% 43% 43%+ % Utd Wallnaoer 4 3% 3% 3% I ,1 UnivCycl Stl la 2 24% 24% 24%+% Unlv Lab 27 3 2% 2% - ia VN RAALl.OOg. 2 31% 31% 31% - % Vanadium]*.. 15 35% 3414 351- a sa Vert-C Bug 2 4 19% iS% mLt a VlckChem 1 20 4 25% 24% 25./I t »a Viet ChWk fig. 4 54% 54 54%i?A Va-CaroChem 10 12 11% 1 j + 4 Va Railway 2% 1 33 33 jj +1 Vulcan D 1 40a 5 18 18 18 I % WALKER H 8a 3 49% 49% 49% xi Ward Bakla . 3 18% 18% 18% + % Warner Bros 1 24 12% 12 12 + % Warren Pet 80 12 28% 28% 20%+% WashGsLtl'i 9 25 24% 2434— 14 WaynePmD tie 3 14% 14% 14x4 WesOiS 1.40fc 3 32% 32% 32% West Ind Sug 2 21 37% J7 37%+% W Kv Coal 2a 6 22% 22% 22% + ij WestAutoSUD3ax 3 47 46% 4434 I II Western Md 6 23% 23 ‘3 West Pacific 3. 2 53 52% 53 a WestnUnfig.. 16 40% 40 40%-% WesthseAlrB2a 59 3 43a 34% 3434 + ,4 Westing Elec 2 42 37% 37% 37% t % WestgElpfB3.80 2 99 98% 99* + Wheel Steel 3 5 393,4 33% 39 + 14 Wilcox Olll 2 18% 18% 10%+ 4 Wi lys-Overlnd. 16 10% 10 10% + % Wilson Jones 1. 6 14% 14% 14% Wis El Pw 1.20. 19 19% 19 19%. % Woolworth 2a 15 44% 44 44% + 14 Worth P&M 2a 6 26% 26% 263* X % tWorth Prpf4% 1940 02 80 01 _i YALE & TO 2a 7 47 4634 4634 - % York Com %* 59 16% 15% 1534 - % YngstSh&T] fig 12 51 50% 5034 + 34 ZENITH R2». 5 64 6334 64 +% Zonite V«e 22 5% 5% 5% t % Hourly bales on the Exchange Todav: 11:00 a m. 290 000 12:00noon 560 000 100 D.m 800 000 2:00 o m. 000 000 ’Dm- »1 trading 10 shares. »In bank ruptcy or receivership or being reorganzied under the Bankruptcy Act or securities S»J.amed b^»?uc£1 comPanles. Rates ol dlvl dends In the foregoing table are annual Usbursements based on the last uuartens or semiannual declaration Unless other wise noted special or extra olvidend3 are not_ Included, cld Called x E.x-dlv!dend xf Ex *!«■ » Also extra or extras, b Plus stock dividend, d Cash or stock e Paid ast year. fPayable In stock estimated va.uc wu cA-uivmena c.aie. g De clared or paid so far this year h De clared or paid after stock dividend or split-up. k Declared or paid this year, an accumulative issue with dividends in ar rears. p Paid this year, dividend omitted, deferred or no action taken at last divi dend meeting. w Declared or paid In 1951. plus stock dividend, y Liquidating dividend, z Payable in stock, exact cash value undetermined on declaration data Foreign Exchange NEW YORK, May 17 OP).—Foreign ex change rates follow (Great Britain in dollars, others in cents); Canadian dollar in New York open market 512 per cent discount or 94.0814 United States cents, up /« of a cent. Europe: Great Britain (Pound) $2.8014, unchanged; Great Britain 30-day futures, 2.S03a. unchanged; Great Britain 60-day futures 2.S0sa. unchanged; Great Britain 90-day futures 2.807s. unchanged; Bel gium (franc) 1.98*4, off .00'4 of a cent; France (franc) .283e of a cent, unchanged: Holland (guilder) 26.27, up .01 of a cent; Italy (lira) .111*4 of a cent, un changed; Portugal (escudo) 3.50. un changed; Sweden (krona) 19.35, ofT .02 of a cent: Switzerland (franc) (free) 23.13, unchanged. ,Latin America: Argentina (free) 7.20, unchanged; Brazil (free) 5.50, unchanged: Mexico 11.57, unchanged; Venezuela (bolivar) 30.03. unchanged. Far East; Hong Kong dollar 17.60, un changed. Production of dried whole milk' by Brazil in 1950 totaled 13 mil lion pounds. ; Stock Prices Rebound $2 a Share; Advances Are Well Distributed By the Associated Press NEW YORK, May 17.—A strong rebound today in the stock mar ket brought prices up by more than $2 a share after a six-day decline. The gains were fairly well dis tributed throughout the list. Al though there were scattered losses, they were small, and no major section could really be called backward. Lower prices attracted consider able bargain hunting. As a conse quence there was evidence pf selective buying. The over-all vol ume remained comparatively small. Rubbers did Well. In the back giound stood the fine Goodrich earnings report, renewal of Good year split rumors, and new large defense orders for United States Rubber. Oils, which suffered heavily in recent selling, swung ahead with thp vnlatilo PiHot. __ 1_, -- AtCVViUlfc, . Other areas making good prog ress were rails, steels, chemicals, copper mining and utilities. Automobiles marked time, trad ing. about unchanged for long periods. The Government cut steel for cars and other consumer hard goods about one-third below the level prior to the Korean war. Stocks moving up included Gulf Oil, Goodrich. Southern Railway Santa Fe, United States Steel’ Sears Roebuck, Phelps Dodge, American Cyanamid, Allied Chem ical, Pfizer and Twentieth Cen tury-Fox, which has called for redemption of its $1.50 convertible preferred and the $4.50 prior pre ferred. Trading in bonds was light at slightly higher prices. Govern ment securities held steady and quiet in the over-the-counter mar ket. Washington Exchange SALES Potomac Electric Power com—ion l.'t*. a? UIV2EleCtr,C PoWer 3.60 pfd B-7 Washington Gas com—*’0 at 05> n!r5nC5ei 2 r at ltfW Garfinckel com—‘.Mi at 1U 4 s“fionratnin>(!.st ref 4s~:s, oou 41 10n Garfinckel com—ion at IS’, Capital Transit Co.—5 at Riggs Bank com—7 at 370 Garfinckel I'.'. pfd—5 at 19%. Riggs Bank com—1 at 366. * W98h’T8t°n °aS L“ht *~5 Pfd—'25 at PUBLIC UTILITY BONDS. T&T cv do ".’is 1957 1|“, *f?% Am 7>VT cv db 2%s 19«I._ 100% 107% Am T&T cv db 3%s 1959 13"% 1"3% Cap Transit 1st ref 4s 1904 99% t&orf.?tow,? Gas 1st 5s 1961 115 S?J I}ec Swr 3V«S 1977... 103 - Pot Elec Pwr 3s 1983 _ 96 - Pot Elec Pwr 2%s 1984 .. 94 - Washington Gas 5s 1960 115 iisT" Ter Pf MISCELLANEOUS BONDS, rer RJ * W Co 1st 4s 1958 103 Amer TvPPm ,UTILITY STOCKS. Amer Tel & Tel (9> __ 154% Capital Transit fa 1 > * I’ 3’% 34'" £gt Elec Pwr com (.90) 13% 1331 SIS I'!'; Pfd A (1.80) " 43 2 44% PEP 3.6074 pfd B 11.80) . 43% 44% Southern Co com U (.80) *11 ?Tli Va El & Pwr com U (1.20)1 20% 21% Wash Gas Lt com (1.50) _ 24% 25% wasl} Sas V1 cm pf <4.25) 98% loo Wash Gas Lt cm pf (4.50> 104% 105% p. , NATIONAL BANK STOCKS. Capital (ti) _ «>u Liberty < 8 > _ Lincoln ( * 5 ) _ 7TI 340 RIrks *’ 3,• - nan*" Washington (t.60) 380 TRUST COMPANY STOCKS. Amer Sec & Tr (+1).. 33 34 Natl Sav Tr <t8) 457 Pr Georges B & Tr (1.20)7 36% Union Trust (vl) 44% 40 Wash Loan * Tr ((] ”0) 41 D . BMN STOCKS. Bank of Bethesda (f1,50>_ 32 Com & Savings (flO) 315 375' . FIRE INSURANCE STOCKS. American (t6) 210 Firemen's (1.60) 32 - National Union (.75) 20 TITLE INSURANCE STOCKS. Columbia (t30> 131+ Real Estate (vB) 105 oho” MISCELLANEOUS STOCKS. Carpel Com _ __ T3 10 Garfinckel com (1.50) 19 20 Garfinckel 5)S% pfd (1.375) 21 23 Garfinckel 4>,i% pfd (1 125) 19>4 20 Hecht Co (1.60) 34 3514 Hecht cm pfd (3 75) 9] Lanston Mono (2) _ *17 1 gi Mereenthaler Lino (a 40) 29 30)' Natl Mtg As Inv nfd (p.60) Peonies Drug St com (2)_ 32Vk 34 3ecurity Storage (to) _ 111) 1 "5 Ter Ref A: Wh Corp (3) _ 531) 54 Wdwd A- LothroD com (2) 33 34 Wdwd A: Lothrop pfd (01 106 •Ex dividend, b Books closed. (Plus ?xtra or extras, a Paid so far this year 0 Paid in 19o0. U Unlisted. Dividends Announced NEW YORK. May 17 OP).—Dividends declared: Stork. Pe- Stk. of Pay - , _ , Rate, riod record, able -rucible StI Am 2', 6-15 6-30 , , Interim. Lorillard, P„ Co.. . 30c_6-8 7-2 Extra. Am Sugar Ref 50c 6-5 7.0 Briggs A: Stratton 15c_5-31 6-15 , „ , Irregular. Alaska Pack Assoc_ $5_ 6-19 5-25 , - . Regular. Am Export Lin_50c Q 6-1 6-15 -anada Cela Ltd _60c _ 6-8 6-30 emporium Capwell_50c __ 6-1 6-11 Ft. Wayne Cor Pap .25c . 6-1 ff-15 Glenmorc Dist A St B. 25c Q 6-1 6-12 jt West Sugar_30c 6-9 7-2 Ideal Cement-50c Q 6-15 6-30 Jullraan -50c Q 5-25 6-14 sunshine Mining_20c Q f>-l «-.•?() ralcott. J., Inc_20c Q fl-15 7-2 Nm? Inc -50c 6-4 6-9 robin Pack_15c Q 6-15 7-2 Union Sugar ..30c Q 6-1 6-11 West Va Pulp As Pap . _50c 6-15 7-2 Am Stores _ _ __ 50c Q 6-1 7-*’ Am Woolen _ $1 6-1 6-15 Book of the Month.. .. .25c Q 6-18 7-2 Cornell Dub Elec .20c 6-20 6-28 Gomin Textile Ltd ..15c Q 6-5 7-3 Emerson Drug A & B .25c 5-23 6-8 Uatineau Power. ..30c Q 6-1 7-1 iazeltine Corp . _.25c 6-1 6-15 3enn Dixie Cem _4oc _. 5-28 ri-15 taybestos Manhat_50c 5-28 6-12 Singer Mfg 60c Q 5-25 6-14 West Texas Util pf .Si.50 Q 6-15 7-2 Worth Pump A: Mach _5rtc Q 6-1 6-20 Am Sugar Ref $1 Q 6-5 7-2 Ame Tel & Tel_$2.25 Q 6-15 7-16 5-0 Foods 30c Q 6-1 6-9 Briggs & Stratton_25c Q 5-31 6-15 Ihesebrough Mfg _75c Q 6-4 6-25 Uleve Cliffs Iron. 30c Q 6-4 6-15 Uaylord Cont _37‘ic Q 5-31 6-9 Loew's Inc . _37 tie Q 6-12 6-30 Louis Land & Exp. _.50c Q 6-1 6-15 3enn Salt _40c . 5-31 6-15 Sunbeam Corp_60c Q 6-19 6-29 Market Averages „ 30 15 15 60 STOCKS. Indust. Rails. Util. St'ks. Net change- +1.0 +.3 +.1 +.6 Noon tdoay 127.9 65.8 47.8 94.1 Prev. day_ 126.9 65.5 47.7 93.5 Week ago_ 131.4 68.4 48.(1 96.6 Month ago_ 129.2 67.3 48.3 95.4 Year ago- 119.5 43.9 47.3 78.5 L951 high_ 133.4 73 2 49.5 97.8 1951 low _ 119 9 62.3 46.4 89.4 20 10 10 10 10 Low BONDS. Rails. Indust. Util. For'n. Yield. Net change unc. unc. unc. unc. unc. 4oon today 95.3 99.7 99.7 71.9 106.2 Prev. day 95.3 09.7 99.7 71.9 106.2 Week ago 95.7 99.7 90.5 72.1 106.1 Month ago 96.5 99.4 99.4 72.0 106.4 Year ago 95.2 102.4 104.7 74.3 110.9, inign lmi.n iiii.w if7..fl lui.jj L95J low 95.3 99.3 99.4 70.5 106.0 (Compiled by the Associated Press.) New York Produce NEW YORK. May 17 MPt—Butter. 192.503. steady: wholesale prices on bulk :artons: creamery, higher than 92 score IAA) fresh. 71% cents: 92 score <A> fresh. 70-70%: 90 score (B) fresh. 693«; 39 score (C) fresh. 69%. Cheese. 96.005: steady, prices un ihanged. Eggs. 13.498. steady: New York spot quotations, based largely on exchange rading. follow: Midwestern, mixed colors, fancy heavyweights. 51 %: extra 1 large. 19; extra 1 medium, 48: current receipts. 15-46; dirties. 4.3%-44%; checks. 42-43. Whites: Fancy heavyweights. 52: extra 1 large. 493<: extra 1 medium. 49%. Browns: Fancy heavyweights. 52%; extra 1 large. >0. Nearby—Whites: Extra fancy heavy weights. 52%: fancy heavyweights. 51; >thers large. 49%-30%; mediums. 3 9%-51.1 3rowns: Extra fancy heavyweights. 53; ancy heavyweights. 52, others large. 50 >1: mediums. 50-51. New York Cotton NEW YORK. May 17 M3— Cotton fu ures price movements were narrow in orenoon trading today with some New Irleans selling in evidence. Traders ontinued to watch crop weather closely, vlth prospects for cotton in the Western Jelt considered greatly improved by the ains this week. Noon pries were 15 cents a bale higher o 10 cents lower than the previous close. Iuly_i-I14'- October. 39.40. and Decem ler. 38.91. I N. Y. Bond Market (Furnished br the Associated Preset 1ST INCLUDES ONLY SELECTED ISSUE* FOREIGN 1jlf> net Ed c» .‘is 58 109% Australia lit, 55 100% DetT&Ir2-isT6 97% Australia.!1,4S57 90% duq Lt 2%s 77 96% Canaria 23is75 95% e PAS W 5s 65 108% Colombia 3s 70 47 f|6 e Cst 6s 74 76% It P Ut 2-3s 77 35% ot Nor 4 i3S7«d 113 Rio de J 6%so3 33% OM&O 2044 B 69% 991/4 Hud&M rf 5s57 71 NEW YORK CTn HA-!' inc 5s 57 44% 2* 1 W% I c 4 *. s 66 101 DOMESTIC I ■. jnt Qt No 6s 52 50% Am&FP 6s2030 99 IntGN lst6s5S 98% AmT&T 3%s63 115% Leh V 4s 2003A 63 AMT&T 3%s73 103% Leh V 4s 2003D 49 2V,s5° 123y* MSPSSM 4s 91 56% AmT&T 2%s57 113% M-K-T ad 5s67 95 2%s61 107% Mo-Pac 6%» 49 63% AmT&T 2%s80 94 Mo-Pac 4s 76 93 Am Tob 3s 69 . 100% Mor&E3%2000 60% B&0 6s95J 85 NYC4%s2013A 67% B&06SM96- 72 N Y C 4s 98 64 B & 5s 2000K 72 NYC&HR.‘lV2Q7i 74 B&Ocv4y»2°l0 62V* NYNHln4Vis’22 54% B& 048 75 A. 90 NYNHH482007 70 Bos Me 6s 67 88% N Y O W 4s 55 4% ™S»4V4b?°'’0B 56 No Pac 4%s 75 104% CRRNJ 3>/4S 87 51% No Pac 4s 97 104 C&O 2d 4s 89 110% OrWsRRN 3s 60101% Chi & E I Inc 97 73 pac q^e 3s 74 100% CM8P4‘/js2019 74% PennRR 4 VzsHO 110% Cli 8erv 3s 77 #7%PennRR4 ’hs6f> 102% CCCSL 4s 93 86 Tphll El 2%s 67 98% Coi&So 4V2S 80 88% PhPetcv2%s76 120% Col G 3s 75 A 97% SLSF 4Va„2022 82 Comlth Ed 3s77 101% So Par 4%s 81 97% CubaN5%42rct 38% So Pac 4Vvs 69 100% Deere 2%s 65 100% Third Ave 5s60 285e Del L&W in 93 72% W 8h 4s 2361 64 D&8I 3s-4s 93 95 lwilsonCo3s 58 100 N. Y. Curb Market I 1ST INCLUDES ONLY SELECTED ISSUES 1 Int Petrol 1 __ 17% Alaska Alrl 8% int Prod la 15% Alum C Ami Vs* 70 Kalser-Frazer 5% Am Marac ,10a 6% LakeSh M .15* 9% Ark N Gs A 60 16% Lionel Com la 28% Ark NGas of.60 10% Lynch Co ’b* 16 Barium 8tl 10* 7% Micro Hone 1 _ 13% BlueRidae .22* 3% Mid St Pet ‘,'st 15 Breeze Co _ 9% MirPnran .aotr isja Brown Co 13% violybdenm v,a 37 Brown-F Dls.80 20% Nat Bell H 20e 3% Buckeye P L .80 14% Nat Fuel O 80 13% Cal&EdmCD.lO 11% N J Zinc 1%* «5 Can Marconi 3% New Pk M 03* 2% Carman .40 4% NilesBem P'/,* 20 Carr Cons Bisc 2% NorthroD Alrc 16% Cessna Airc.20e 6 Pac Pet Ltd 8% Claude Neon . 4% Pancoastal 011 6% Colt MIe 4a 65% Pantenec OH 6% ContPdyAiM’/iE 23% Pioneer Gold 1% CornucunGMln Royallte 011 20 12% Creole Pet 2V„* 76% St Lawrence 40% El Bd & Sh It 20% Shattuck D Vie 7% Eureka C Ltd % Sonotone .32 5% FairchE&A 60s 7% Std Dred loe 3% Pansteel Vie 24% std Oil Ky 2a 40*4 Ford Mot Fran *Ms Std Pow & Lt. 6% Gen Plywood 3% Sterl Inc 15e 4 GerityMcb .20* 4% Thiokol Com . 8% HercStlPr .20. 4 TrlContwar 2 Holl C Gold 24 11% Utd ShMch 2*i 42% Humble 011 4... 114% Venez Syn .10*. 4% Imn Oil 60 34% Venezuela Pet 9 IniDTobBr 27* 10% Woodley Pet V, 22 Ins Co No Am n 69 WrightHar.10*. lVls Produce Markets Baltimore quotations supplied bv the United States Agriculture Department* Apples—Dull: demand light. Bushel bas kets and bushel boxes. U. S. No. 1 New Jersey. Romes. 2V2 inches up. 1.40-75; Winesaps. 2*a inches up. fair condition. 75-1.00: boxes. U. S. No. 1. wrapped. Penn sylvania. Romes. 04s-72s, 1.25-50. Potatoes—Old. barely steady. U. 8. No. 1. size A. unwashed. Pennsylvania. Katah dins. 50-pound sacks, 1.10-15. few 1 25; fair quality. 90-1 00; 15-pound sacks 37-38. Sweet potatoes—Dull: demand light. Bushel baskets. U. S. No. 1. Maryland Puerto Ricans. 2.25-50; fair quality. 1.75; New Jersey, bushel hampers and bushel baskets. U. S. No. 1. Goldens. 2.25-50; Jersey type. 1.50-75. Asparagus and Beans. Asparagus—Slightly stronger; pyramid crates, dozen bunches. Maryland. Colossai, 5.00- 6.00. few high as 6.50; mostly 5.50 6.00; extra fancy. 4.50-5.00. some best, 5.50; fancy, 4.00-4.50; choice extra fancy. 4.25- 5.00. Pennsylvania, no grade mark. 5.25- 5.50 Virginia, no grade mark 4.25- 5.00 Snap Beans—About steady; bushel hampers. Florida. Valentine, best. 4.no 4.50; fair quality. 2.50-3.00. Florida Belles. 3.00. South Carolina. Valentines. 4.00- 4.50. few 4.75; tender greens. 3.50; Plentiful, fair to generally good quality. 2.50. Lima Beans—About steady: Florida, bushel hampers, 4 00-4 75 few higher. Beets—North Carolina, craies, 2-dozen bunches. 3.00. Cabbage — Slightly stronger; round, bushel baskets, packed locally, North Caro lina. 1.25. few high as*] .50. South Caro lina, large. 1.00-1.25. Florida. 50-pound sacks, fair quality. 1.15-1.25. North Caro lina. l34 bushel crates, round. 1.75. Carrots—Pennsylvania, bushel baskets, topped, washed. 2.00. Corn—Barely steady: Florida crates, yellows. 4'l>-.) dozen fair to generally good quality. 2.00-2.25; few 2.50: some good quality. 3.50-4.00; poorer 1.50-1.75 • Eggplants—About steady: offerings light; Florida bushel baskets, medium to large. 3.00- 3.25. Poultry Quotations. Poultry—Market .'lightly weaker fryers, about steady others: receipts moderate 'ome fryers carried: trading light. Fryers. 3*4 pounds and up. 32-34. few best 35; poor quality. 30; hens, heavy tvDe 40-43. ! mostly 41-42; ducks Pekins. 35. Grain Market. Flour—Receipts. 5-869 100-pound sacks. Wheat—Receipts. 167.337 bushels; ship ments. 104.S33 bushels: stocks. 3.220.882 bushels. No. 2 red winter garlicky, spot, domestic, 2.41* a: May. 2.41%; No. 3. 2.38%. Corn—Receipts. 14.358 bushels; ship ments. 64.878 bushels; stocks. 1.789.452 bushels. Oats—Receipts, none: shipments, none stocks. 187.646 bushels. Barley—Receipts, none; shipments, none; stocks. 5.963 bushels. Rye—Receipts. 22.174 bushels: ship ments. 167.200 bushels: stocks. 601.592 bushels. Soybeans—Receipts, none; shipments, none: stocks 60.729 bushels. Millfeed—Receipts. 151 tons. Butter and Eggs. Eggs—Market about steady; receipts lib eral; demand moderate. Wholesale selling l prices; A large. 54-57: A mediums. 49-51:1 B large. 49-52; current receipts, ungraded. 44-4.>. Receipts—Eggs. 16 cases: butter. 5 482 pounds. Chicago Grain CHICAGO. May 17 (.4* —Wheat daew some inspiration today from announce ment by the Agriculture Department of July export allocations, plus the news that the grain has been moving out of the country rapidly under the export program. July allocations also aided corn, but oats had a very ragged appearance. Soy beans also scored early gains. Weather in the Mid-West was not so favorable today for planting corn and soybeans al though it was expected to improve to morrow'. Wheat near the end of the first hour was Vb to 34 higher May 2.3838; corn was unchanged to 3« higher: May 1.76; oats were % to 1 lower. May 85: soy beans were unchanged to % higher. Sep tember 3.15%; lard was 5 to 10 a hun dred pounds lower, May 17.75. The Agriculture Department announced its grain export program for July will amount to 37 million bushels of wheat and about 22 million bushels of coarse grain, which is expected to be mostly corn. This is a fairly high total for one month. News dispatches from New Delhi said that the Indian people were reacting favorably to the Senate s action in mak ing the wheat for India program a loan rather than a gift. Some traders hadj wondered yesterday if India might not| balk at the loan arrangement. More rains fell in the Southwest over night. a development overlooked in the early dealings. This area has received very heavy rains in the past few days. Traders said the moisture undoubtedly has added a good deal of wheat to this year's harvest, despite heavy abandon ment. Another steamer brought in some Canadian oats here. Arrivals since navi gation started on the Great Lakes now total around 4.5 million bushels. Dealers said that merchandising sales out of this! market have been practically nil for some time. Broomhall. International grain author-’ lty reported that unseasonably cold: temperatures continued to retard crop de- i yelopment in parts of Europe, although in! the Southern areas temperatures have: been favorable for growth. Chicago Livestock CHICAGO. May 17 (.48 (USDA).—Sal able hogs. 8-000; lairly active uneven, 25 to 40 cents higher on butchers; mostly 25 cents higher on sows: top 22.00; most good and choice 190-260 pounds, 2165 uTi •““."‘t'- ‘-1-21.05: a lew Pounds, 20 50-21.00; odd lots 160-180 pounds, 20.50-21.50; most sows 450 pounds and under. 18.75-20.00; 450 boo pounds 17.50-18.75: good clearance Salable cattle. 4.oo0; calves. 300: steers grading high good and better, uneven mostly steady: lower grades steady to 5o cents lower: heifers scarce, steady; cows and bulls steady to 25 cents higher; v eaters strong to 50 cents higher; a few of high choice and prime steers. 3,..>0-39.50 ;a load of 1.336 pound 39.oO; bulk choice steers. 35.50 most good to low choice steers and yearlings 32.50-35.26; commercial grade '-s.,6,|-;|1.50. a few good to low prime heifers. 32.50-37.00; utility and commercial cows. 24-30.00; canners and cutters 19^23.50; utility and commer 30.50; good to prime vealers. 34-38.00: cull to commercial 24-33.00. sileef,1^500: slaughter lambs opened steady bulk unsold, however, ask ing strong to higher; mixed No. 1 and « pelts shorn lambs early, 32.50; No. 1 held *1 and Idaho springers above, ;W.oo; sheep steady to 50 cents lower; handy shorn ewes. 18.50 down. ' Metal Quotations NEW YORK. May 17 (JP).—Spot non errous metal prices today: Copper, 241> rents a pound. Connecticut Valley. Leacf N cents a pound. New York. Zinc 17»* rents a pound. East St. Louis. Tin 1 3'» i pound. New York. At Pittsburgh, scrap steel No. 1 heavy was quoted at 44.00. Odd-Lot Dealings The Securities and Exchange Commis sion reported today these transactions by customers with odd-lot dealers or spe cialists on the New York Exchange lor Hay IB: 6.988 purchases involving 203 - >78 shares: sales Involving 176.800 shares nvolving 6.160 orders, including 2,244 shares sold short on 66 orders. Business Briefs | Bank Clearings in 85 leading cities in the week ended May 16 totaled $15,507,992,000 vs. $14, 717.991.000 in the preceding week and $13,817,892,000 in the like week a year ago—Dun & Brad street. Business Loans by member banks in the week ended May 9 totaled $19,164,000,000, down $22 million from the previous week, but up $5,799,000,000 from the like week a year ago.—Federal Reserve Board. Daily Newspapers consumed; 410,723 tons of newsprint in April compared with 403,801 in April,! 1950. This year’s April consump-! tion was the second highest of any month on record.—American Publishers Association. Crude Petroleum Production in the week ended May 12 averaged 6,162,100 barrels daily, dow-n 12.000 from the previous week, compared with 5,118,150 in the like week a year ago.—American Petroleum Institute. Armour & Co. announced plans for the sale to four insurance com panies of $12 million in new first mortgage 3% sinking bonds due 1971. The bonds were sold at 98Va and accrued interest. Anaconda Copper Mining Co. in 3 months ended March 31 earned $12,166,065 or $1.40 a share vs. $7,903,479 or 91 cents in 1950 period. Caterpillar Tractor Co. in 4 months ended April 30 earned $7,883,965 or $2 a share vs. $10, 052.971 or $2.58 in 1950 period. Greyhound Corp. System in year ended March 31 earned $13,351, 523 or $1.24 a share vs. $11,363,400 or $1.20 in 1950. Cincinnati Gas & Electric in year ended March 31 earned $10, 091.971 or $2.95 a share vs. $9, 436,130 or $3.17 in 1950. West Virginia Pulp & Paper in 6 months ended April 30 earned $5,596,000 or $5.88 a share vs. $4, 862,113 or $5.05 in 1950 period. Standard Gas & Electric in 3 months ended March 31 earned $3,534,003 vs. $1,566,310 in 1950 period. Minnesota Power & Light Co. in year ended April 30 earned $3,507,704 or $3.41 a share vs. $3,396,575 or $3.28 in 1950. American Water Works, Inc., in year ended March 31 earned $2, 830,461 or $1.04 a share vs. $2, 207,267 or 81 cents in 1950. Bendix Aviation Corp. in 3 months ended March 31 earned $2,890,152 or $1.36 a share vs. $3,563,685 or $1.69 in 1950 pe riod. Hammond Instrument Co. in year ended March 31 earned $2, 049,825 or $5.49 a share vs. $1, 844,871 or $4.94 in 1950. Long Island Railroad in 3 months ended March 31 had a net loss of $2,929,365 vs. a net loss of $2,402,844 in 1950 period. Minneapolis-Moline Co. in 6 months ended April 30 earned $2,276,156 or $2.22 a share vs. $942,410 or 77 cents in 1950 pe riod. RKO Pictures Corp. in 3 months ended March 31 had a net loss of $1,086,365. Comparable figures for 1950 unavailable. Raybestos-Manhattan. Inc. in 3 months ended March 31 earned $1,134,711 or $1.81 a share vs. $620,085 or 99 cents in 1950 pe riod. American Broadcasting Co. in 3 months ended March 31 earned 2>j~j,000 or 13 cents a share vs. $93,000 or 5 cents in 1950 period. Calvary Baptist Honors Six Half-Century Members Five men and women who have been members of Calvary Baptist Church for 50 years were honored at a dinner meeting in the church, Eighth and H streets N.W., last night. Two of the five honored were present to receive certificates of 50-year membership. They are Mrs. George Harsch. 836 Jefferson street N.W., and John F. Pyle, 1429 Monroe street N.W. The others are Mrs. Addison L. Sampson, 518 Oglethorpe street N.W.; J. Elmer Fox, 925 Highland drive, Silver Spring, Md., and Claude E. Koss, East Orange. N. J. Miss Margaret E, Ringrose of the Civil Service Commission wras elected superintendent of the Sunday school. She is the first woman to hold this post in the 89-year history of the school. j Loans on Real Estate Favorable Rate* Sales, Rentals, Insurance GEORGE I. B0RGER 643 Indiana Avenue N.W. NA. 0350 GamingTaxApproved, Committee Wonders How to Enforce It By the Associated Press The House Ways and Means Commute has voted to impose a 10 per cent levy on gross receipts of professional gamblers and re quire them to pay a $50-a-year occupation tax, but even the ex perts are wondering how the Gov ernment will enforce the new levies. The cqjnmittee also decided yes terday to recommend raising the Federal tax on slot machines from $150 a year to $250. The gaming tax would hit bookmakers, policy “numbers” writers and lottery operators, whether or not their operations were contrary to State laws. Committee aides who told re porters of the committee's deci sion were vague about how the Government w’ould go about en forcing such a tax, even in Ne vada, the only State where gambling of all types is legal. Pari-Mutuels Exempted. Race track pari-mutuel ma chines would be specifically ex empted from the levy. But even the tax experts who drew up the provision were not clear whether the committee intended it to ap ply to church bingo games. According to those experts, the tax would be based on "that part of the gross receipts of persons in the business of taking wagers on which they assume the risk of profit or loss, and on the gross receipts of persons operating wagering pools.” There w;as no firm estimate of the amount of additional revenue to be expected from the tax, al though the increase in the slot machine levy was estimated to bring in $7 million a year. Member Dubious of Plan. Committee members appeared reluctant to discuss the gambling tax. One member shook his head and said, “We've done a bad day's work.” Another remarked that the levy might act as a deterrent to gamblers who would fear run ning afoul of a Federal law. In the day’s only revenue in creasing decision apart from the gambling and slot machine levies, the committee voted to classify tobacco pipes, cigar holders and cigarette holders as jewelry sub ject to a 20 per cent retail tax. The estimated revenue gain is $8 million. The committee rejected pro posals to tax the sale of used cars; also pleasure boats, motor or sail; golf greens fees and charges made tennis players for use of courts; and glassware and chinaware, w'here a 20 per cent tax had been considered. . Attention, I VETS ... Invest your Insuronce Dividend Checks in a savings account fit Cit izens ... where savings earn maximum divi - WWI . , « I ' I \ L.b/ to $10,000. Call SL. 9000 815 Pershing Drive __ Silver Spring H SUPPLY CABINET § I s'S1®”-'"™. § H 36”x18”x72”54'5oB EL^so parking across the itroot ftSTCRn L Office Furniture Q 1236 20th St. N.W. B ^PPORTUNIT^FCMHyVLE^XECUTiv? A fine opportunity is now available for a man between the age* of 35 and 45 years, who has shown ability to organize and de velop a sales department, to become connected with a Utility introducing Natural Gas into a New England area of 150,000 ( to 200,000 inhabitants. It is necessary that any applicant for this position must have had experience in the promotion and sale of Natural Gas and Appliances and the development of sales outlets through plumbers, dealers, builders, contractors, etc. Compensa tion commensurate with ability. Write full details of experience in strict confidence to our Agent — Mr. M. A. LEONARD ALBERT FRANK — GUENTHER LAW, INC. Advertising _ 10 Post Office Square, Boston, Mass. MORTGAGE LOANS MONTHLY PAYMENT LOANS—PHA—CONSTRUCTION A INSURANCE FIRE—CASUALTY-BONDS A PROPERTY MANAGEMENT BUSINESS LEASES H. 1. RUST COMPANY iST. IU9 100115th Strait, N. W. NAtiona] 8100 [