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Evening star. [volume] (Washington, D.C.) 1854-1972, August 01, 1951, Image 19

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

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1951-08-01/ed-1/seq-19/

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Washington Gas Ligh
Net for Year Shows
Increase of $460,000
By Nelson M. Shepard
The Washington Gas Light Cc
annual report today revealed a ne
Income increase of $460,000 for th
year ended June 30 over 1950. Thi
alight improvement equaled $2.6
a share on the common, 3 cent
above the previous year.
President Everett J. Boothb;
warned that the gas furnished b:
the Columbia Gas System, oi
which the company is dependent
may be inadequate to meet the de
mands of all prospective new cus
tomers in Metropolitan Washing
ton during the next two winters
This possible shortage is due h
Increasing demands, the develop
ment of new markets and thi
shortage of pipe facilities.
$9 Million Bonds Sold.
Washington Gas Light sold $J
iiiiuiuii ui 2 pci will
mortgage bonds during July undei
competitive bidding at a pric<
equivalent to 3.49 per cent inter
est per annum. The funds will
be used to extend gas service tc
new homes in the area and tc
provide additional gas storage fa
cilities. the report stated.
On July 1 the company paid
$1 million of maturing serial
notes. The company is now in
process of computing refunds tc
customers of amounts collected
under the rate increase of No
vember, 1949, amounting to $1.2
million. The company and the
Public Utilities Commission, which
has sided with the utility through
out, are appealing the case.
Operating revenues during the
reporting year totaled $25,578,176
Mr. Boothby reported. Operating
expenses rose from $12,145,480 is
the previous year to $14,418,739
General taxes rose from $1,300,074
to $1,468,134. Federal income
taxes of $1,596,712 for the yeai
ended June 30,'1950, had jumped
to $2,727,021 this year.
Net income of $2,547,495 for the
year compared with $2,087,217 the
previous year. Earnings on com
mon stock were based on 734,40C
shares for 1951, an increase ol
122,400 shares over 1950.
R. J. Wilson Named.
Robert J. Wilson, of Washing
ton, nationally known restaurant
executive, is the latest instructor
named on the faculty of the sixth
annual North
eastern Insti
tute of Yale
Universl t y
opening Friday.
As Washing
ton secretary of
the National
Restaurant As
sociation, M r
wuson win lec
ture at the In
stitute on the
development of
trade associa
tions. It is a
field in which Mr W,|S0B
he is one of the pioneers, having
organized at least a score of as
sociations.
The Yale sessions, continuing
through August 11. About 20 exec
utives from the Metropolitan
Washington area are arranging to
attend the meetings at New Haven,
Conn. *
Capital Airlines Honored.
Capital Airlines has received
top honors among 5,000 firms for
the excellence of its 1950 annual
report to shareholders, from Fi
nancial World, investment and
business weekly, it was learned to
day. It received the “Highest
Merit Award for Distinguished
Achievement in Annual Report
ing.”
The award, a parchment cita
tion, was signed by Louis Guen
ther, publisher of the magazine,
and Weston Smith, executive vice
president. It stated that the
“1950 financial statement of Cap
ital Airlines was judged as among
the most modern from the stand
point of content, typography and
format of the 5,000 annual reports
examined during 1951.”
New Kresge Store.
A new suburban store will be
opened tomorrow by the S. S.
Kresge Co. in the newly com
pleted Langley shopping center of
kJiXVCi upi UV VW* Ubt V*
New Hampshire avenue and Uni
versity lane.
A. E. Bertinet, manager, said the
store is planning a three-day sales
to celebrate the official opening
for which there will be a special
ceremony in the morning. Con
struction work on the Kresge unit
of the shopping center was super
vised by M. L. Nagel of the Kresge
construction department, the
plans having been prepared by
Coming & Moore of Washington.
The store front of porcelain
enameled steel harmonizes with
the modem architecture of the
new center. Adequate parking
space for patrons was assured by
the management.
The store will be air-condi
tioned. The salesroom occupies
the entire first floor except for
the store office and employes’
lounge in the rear. The base
ment is devoted mainly to stor
age and service rooms. A luncheon
fountain on the main floor is also
a feature.
Friday is a big day on the
schedule of Washington account
ants. Washington Chapter of
National Association of Cost Ac
countants has a block of 100 seats
for the night ball game at Griffith
Stadium to see the Nats and
White Sox play. Reservations may
be made through H. J. Althouse,
director of special activities, 77 P
street N.E.
Foreign Exchange
ly the Associated Press
NEW YORK. Aug. 1 UP).—Foreign ex
change rates follow < Great Britain It
dollars, others in cents):
Canadian dollar In New York oner
market 5 A per cent discount or 94.81'/,
united States cents: up A ol a cent.
Europe: Great Britain (pound)
S2.7911. unchanged; Great Britain 30-da;
futures, 2.80%, unchanged; Great Brltalr
80-day futures, 2.80A, unchanged; area
Britain 90-day futures. 2.SOU, unchanged
Belgium (Franc). 1.99. unchanged
France (Franc). .28% of a cent, un
changed; Holland (Guilder), 28.32, un
changed: Italy (Lira), .lets of a cent
unchanged: Portugal (Escudo), 3.49. un
changed; Sweden (Krona). 19.36, un
changed; Switzerland (Franc) (Free)
33.06. unchanged.
Latin America; Argentina (Free), 7.20
unchanged; Brazil (Free), 5.60, un
changed: Mexico, 11.57, unchanged; Yen
szuela (Bolivar). 30.05. unchanged
Far Bast: Hong Kong dollar, 17.80, un
thanged. ___
Metal Quotations
_ NEW YORK. Aug. 1 OP).—Spot non
ferrous metal prices today: Copper. 24',
cents a pound, Connecticut Valley. Lead
17 cents a pound. New York. Zinc, 17’/
cents a pound. East St. Louis. Tin, SI.O'
• pound, New York. At Pittsburgh, scraj
steel No. 1 heavy was Quoted at 644.
*■ r
II NEW YORK STOCK EXCHANGE
.rwiuuucu vr u» auuc»»B rrew.i
Sales—
Stock and Add Net
Dividend Rate. 00. High. Low. 1:16 chge
ABBOTT 1.80a 16 60% 40 60%+ V
ACF-Brlll Mot 1 6% 6i+ 6% + V
Acme 8teel 2a 4 30% 30% 30%
Admiral CD 1-. 20 22% 22% 22%+ +
AffllGas Eq ¥tg. 5 8% 8% 8%
Air Reduc 1.40 27 29% 28% 29% + +
tAIa & Vicks 6_ 30 13 3 133 133 4 2
Alaska Juneau 7 2% 2% 2% + V
. Alleghany Cp _ 6 3% • 3% 3%
(■ AllegLudStl 2a. 4 40% 40V« 40% + K<
Allied Chem 2a 11 73% 73% 73%+ +
5 Allied Strs 3 12 42% 42 42% + +
5 Allied 8trs pf 4 4 94 94 94 - +
, Allis Chal 3a . 10 44*+ 44% 44*+ + V
* Alum Ltd 3.60 3 89% 89% 89% + </
5 AlumCtl Am 2g 8 78% 78% 78% - •/
Amerada Pet 2. 1 132% 132% 132% -1+
Am Agrlcul 3a 11 62% 62 62% + +
r Am Airlines V„g 34 15% 15% 15% + V
r Am Alrl pf 3% 2 85% 84% 85%+1 +
Am Bnk Note 1 1 18% 18% 18% - M
1 Mm Bnk N Pf3 160 66 66 66 +1
. AmBoschl 20b 3 14% 14 14%+ +
AmBr Sh 1.20w lo 38% 38% 38%+ +
Am Broadcast 7 12*+ 12% 12*+ + V
■ Am Cab&R ,20e 6 5% 5% 5% + +
Am Can 4 8 111% 111% 111 %
AmCa'-&Fdy 2g 7 32% 3»% 37% + +
. Am CA-FdT 0*7 2 75% 75% 75% + M
, Am Ch&Cab 2a 1 30 30 30 + M
Am Chicle Ce 11 40% 40*+ 40%
’ AmCrysS 1.20a 2 21% 21% 21%+ M
! Am Cyan 4a 19 124% 122% 127% - +
AmCyn pfB 3%. 5 170 170 170 -HI
Am Distillers 2_ 4 43+f 43% 41% - 'A
Am Encau T %_ 3 7% 7% 7% + M
Am Export L 2. 11 18% 18% 18V+- M
Am A Fn Pow • 3 1% **+ 1%
AmA-FPw $7 pf. 7 95% 95 95 + M
AmA-FPwSSpf. 4 82% 82% 87%+ H
Am&F Pw 2 pf 12 13% 1*% 13%+ +
I Am Gas * El 3 7 58 57% 57% - *4
Am Hidf&L »Ag 1 6 6 6
AmHomePl 20a 13 34% 34% 34%+%
Amlnvllll 60b 17 18% 18% 18%
Am Loco 1a 12 18% 17% 18%
Am M*Fds 80 5 16% ’6% 16%+ %
Am MohftM ’+! 1 13% 13*4 13%
Am Metal le 3 47 46% 47 — %
Am Met Prod 2 2 17 17 17 - >/«
Am Molas 40a 7 8 8 8
AmNatGas 1 60 9 33*4 33 33
AmNewsCol ’4a 3 32’+ 373+ 32J+ + 34
Am P&L 2.48c 11 70‘* 70>+ 20*4+34
Am Rad&SS la 40 '57* ’534 15'+
Am Seating 2a 3 443* 4433 44>4 + 14
Am Smelt 3V*g x 7 84>4 843+ 8434 4. 14
♦ AmSm&R of 7 70 1S7>4 157>4 157*4 +1*4
AmStlFdrs 2 40 10 '4*4 *4*4 * 434 “ Vi
3m Rugar Df 7 1 1297+ 1297* 1297* - 34
Am Sum Tob 2 2 19 19 19
3m Tel & Tel 9 31 157 14*7* 157
Am Tobacco 8a 8 61*4 61*4 61*4
Am Viscose 2a 15 70*4 70*4 7034— *4
Am Woolen 2g 83 ’874 37*4 38 +1*4
♦Am Wool of 7 1 9634 9*** 9«3* +1*4
♦ AmWool nrnf4 490 80 77*4 80 +234
Am Zinc 1 8 177* 177* 177* + *4
AnacoodaC2*ig 223 4434 43*4 443*+ 34
♦ AnacWftCl !,ag 5 41 40*4 41 + >4
Ar.ohHGl 1 80s 18 33 32*4 33 + 34
AndersnClay 3a 4 9’ 91*4 92 + Vi
AndPrl O 1 20a 20 42*4 42 42*4 + ‘A
Andes Coo 3le 9 16*4 15*4 16*4+ 34
Armco Stl 2*'«g 8 40 3934 3934 + ‘4
Armour * Co . 49 10*4 10 10
Artloom 1 __ 1 10*4 10*4 10*4 + *4
A rein Ind 2 . 3 23*4 23*4 23*4 - *4
Ashlnd Oil 2b 3 34 34 34 + *4
AssoDryG 1 80 10 21 207+ 2074- 34
Assoc Inv 4a . 2 54 54 54
AtchT*SF8a 3 161 160*4 160*4
Atl City El 1.20 7 2134 21*4 2134
Atl Refining 4 10 74 73*4 7334 + *4
Atlas Corn 1 8 0 2 2 334 25»+ 253+ - ‘4
Atlas Pdr 80g.. 11 35 343* 35 + 34
Autocar Co 4 10 10 10+34
Auto Canteen 1 2 127* 127* jjt*
ArcoMfe 80 10 734 7** 7*4 - 34
BALD LIMA 60 24 103+ 10*4 10*4
Balto&Ohio . 16 19*4 19*4 19*4- >4
B * O of Se 3 38*4 38*4 38*4 - *4
Bangor&Ar le— 2 18*4 IB34 18*4
Barber Oil 2c . 4 79*4 78*4 79*4 +2
Havuk Cig 80 2 9'4 9'4 97+
Beatrice Fd* 2a * 3634 36*4 3634 + <4
Beaunlt M 2 2 27 767+ 27 + *4
♦Beck 8h Df4 *i . 30 80 80 80 + Vi
Benef Loan 2 1 28*4 28*4 28*4 + 34
Benguet M 07e. 5 1*4 1*4 1*4
Best & Cto 2 1 26*4 26*4 26*4 - V4
Best Poods 2a 2 327* 327* 327* + *4
Beth Steel fig 18 50*4 50*4 50*4 - 14
BlgelwSan 1.60 5 19*4 19*4 19*4+ >4
Boeing Air lg 21 45*4 44*4 45*4 -134
♦Bon AmiA 1 >4f 60 30*4 30*4 30*4 - 34
Bond Store* 1 _. 1 137* 137* 137*
Book o'Mo la.. 2 10*4 10*4 10*4
Borden 1.20g 5 463* 46H 463*- *4
Borg-Warner 4a 1 62*4 62*4 62*4+ ‘4
Bower R Bear 2 1 2 6 34 2 6J4 26*4 — 34
Branltl Air >/*g 1 1,54 1234 12>4
BrdgBrassl ,40a 2 14*4 14*4 14*4— 34
Briggs M 134c 131 31 31
Bristol My 1.60 1 353* 3534 35*4 - 34
BrunsBalke *ig 3 19*4 19 19*4 + 34
Buey Erie 80g. 28 223+ 22*4 22*4 + 33
- *m*SIS*9SU197IA- 14
Budd Co 1.60a. JO 15% J5*4 15*4
Bulova Wat 3a 2 39*4 39*4 39*4 + >4
Burl Mills 1.36 52 20*4 20*4 20*4- *4
Burr Ad M.80a 3 17*4 17*4 17*4- ‘4
BushTerm 30a 3 11 11 11
tBushTB pfB'ik 70 130 130 130 + >4
Butler Bro 45a. 4 11*4 H*4 11*4
Butte Coo Kit 1 9 9 9 +14
Byers AMI 'it 16 75*4 24 26*4+1*4
Byron Jack 1 '4. 1 70*4 20*4 70** - *4
CAL PACK Vih. 2 31*4 31*4 31*4
Callahan Zinc . 2 2*4 2*4 7*4
CalumtAH.40e 7 9*4 9*4 9*4+ *4
CamobellWy 1 a 1 74 24 24 + *4
CanDrvGA 80a. 10 11*4 11% 11%
Canad Pacllie. 24 26*4 76** 26*4- ‘4
Caolta! Alrl 12 13*4 17*4 13*4+ *4
CaroPwA-Lt 2.. 3 32*4 32*4 32*4
Carrier Co lb 1* 23*4 23*4 23*4+ ‘4
CarrAGen .20a. 2 10*4 10*4 10*4
Case JI 3a 4 68*4 68*4 68*4
Cateroill Tra 3. 6 45*4 44*4 45*4 + *4
Celanese 3 27 53*4 53 53*4+ *4
CelancvpfdVi 1114 114 114 + *4
Celotex Coro 1. 4 16*4 16*4 16*4
Cen Fdy .80_ 15 9*4 9*4 9*4+ ‘4
Cen Ga Rwy 1 18*4 18*4 18*4 — *4
Cen 111 Lt 2 "O 1 35*4 35*4 35*4 - *4
Cen A SW .SO . 41 14*4 14*4 14*4+ >4
Cero cePas *iw IS 44*4 43*4 44*4 - *4
Cer-teed la .. 5 16*4 1**4 1**4
ChamnPaDl We 7 60 60 60 + *4
CheckCab rt wl. 7 *4 *4 *4
Ches A Ohio 2. 15 30*4 30*4 30*4+ *4
Chi Coro 60 . 16 14*4 14*4 14*4 - *4
Chi A East 111 . 6 17 16*4 16*4 + >4
Chi A E 111 A 2. 4 73 23 23
Chi Great West. 4 20*4 20*4 20*4
ChiGtW pf4*4k 1 29*4 29*4 29*4 + ‘4
ChMSPAPac 2a 13 22*4 22*4 22*4 + *4
Chi M SP pf Be 4 45*4 44*4 44*4
Chi A NW 1 *4e 15 24*4 24*4 24*4 + *4
ChiNW pf 5.1 Be 6 45*4 45 45*4+ *4
Chi Pneu T1 2a 2 44 44 44 - ‘4
ChlPneuTS3pf3 2 61*4 60*4 61*4 +1*4
Chi RI A Pac 3. 10 48*4 48*4 48*4+ ‘4
Chi RI A P pf5. 2 84 84 84 + *4
Childs Co __ 11 4 4 4 + *4
tChilds cv pf... 4 12 11% 12
Chrysler 4a 49 67*4 67 67*4+ *4
Cine GAE 2_ 2 36*4 36*4 36*4 + *i
CtnMillM 1 40a 4 32*4 32*4 X2’4 + M
CIT Finance4a 18 54*4 54 54
Cities Serv 4a.. 16 115 114*4 115 + *4
Cl tv Prod 2*4 _ 6 27*4 27*4 27*4
City Btrs 1.40 . 5 18*4 18*4 18*4 + Vi
Clev El 111 2 40 8 46*4 46*4 46*4 + >4
Climax Mo la.. 19 34*4 34*4 34*4- *i
Cluett Peab la 5 32*4 32*4 37*4 - *4
Coca-Cola 4a 6 106*4 106*4 106*4 -lVi
Cole Palm 2b .3 49*4 49*4 49*4 - Vi
Colo P A I 1 Via 10 22*4 22 22*4+ *4
Col Brd A 1.60 6 29*4 29 29*4+ *i
Col Brd B 1.60.. 11 29*4 28*4 29*4 + ‘4
Col Gas 80_ 18 14 13*4 14
Col Piet *4e 7 12*4 12*4 12*4+ *4
ColASO El 1 40 5 20*4 20*4 20*4
Comb Ena S 3a 4 41 41 41
ComlSolvla 60 30*4 29*4 30*4 + *i
Comw Ed Ilia.. 20 31*4 31*4 31*4
ConCopper.46a. 14 10*4 10*4 10*4 + *4
Cons Edls 2 25 31*4 31*4 31*4
Cons Edls pf 5 2 108*4 107*4 108*4 +1
CnsGELAPl .40 6 25 25 25 ■
vuuo uiuu x /»_. • *vva
Cons Laund 1__ 4 10% 10% 10%
ConsRRCuba pt 1 29% 29% 29% + %
Cons Text l%a_ 18 13% 12V* 13%+ %
Cons Vult 1.40. 9 17% 17% 17%
Consum Pow 2 3 33% 33% 33%
Container 1V4*. 3 42 42 42
Cont Can 2a . 17 39% 38% 39% +1
ContC&SXn 20a 1 8% 8% 8% + %
Cont DlaP .60*. 7 14% 14% 14% + %
Cont Mot 40 .. 3 8% 8% 8%
Cont OH — 8 53% 55% 55% - %
Conw Stl .80*_ 9 23% 23 23%+ %
tCorn Exch 3__ 1 62% 62% 62% - %
Corn Pr ri fiOb. 6 72% 72% 72%+%
Corning G1 la.. 10 74 74 74 -1%
Crane Co ,90g 45 36% 35% 36% +1
CreameriesAm 1 3 12 12 12 + %
Crown Cork 1_16 18% 18% 18%+ %
Cruc Stl l%f„. 2 38% 38% 38% - %
Cudahy Pack... 3 7% 7% 7% + %
Curtis Publish.. 4 7% 7% 7% - %
Curtiss Wrl 1 .. 6 10% 10% 10% - %
Curtiss Wr A 2. 6 25 25 25 - %
DANA 3_ 2 29% 29% 29% - %
Davis Chetn 1% 5 38% 38% 38% + %
Daystrom la.. 3 17 16% 16%+ %
Dayton P * L 2 5 33% 33% 33% - %
Dayton Rub %* 24 21% 20% 21 + %
Decca Rec 70 . 1 8 8 8 — %
DeepRock Oil 2. 3 66% 66 66 -%
Deere* Col*.. 16 66% 65 66%+A4
Deere pf 1.40... 1 32% 32% 32%+ %
Del & Hudson4. 1 45 45 45 - %
DelLack&W'A*. 8 13% 13% 13%+ %
Del P*L 1.20. .. 1 23% 23% 23%
Den*R O W 3* 3 55% 55% 55% + %
D*R O W pi 6 1 67% 67% 67% -1%
Derby Oil 1_ 5 19% 19% 19%
Detroit Ed 1.20. 15 22 21% 22
DetMchStv .60.. 5 6 5% 6 \
Det Stl Corn 2 3 36 35% 36 + %
De Vilblss %* 3 19% 19 19
Devoe*Ra A 2b 20 24% 23% 24%+ %
Dlam Mat 2a 5 50 49% 50 + >4
Dla Mat nt 1 % 1 35 35 35 + Vi
Dlam T Mot l._ 1 14% 14% 14%+ %
Diana Str .80 . 1 9% 9% 9%
Dlst Cp S 1.20a. 52 26% 25% 25% - %
Dr Pepper .60.. 2 11% 10% 11% + %
Dome Min .67*. 4 16 15% 16 + %
Douglas Aire 3 8 50% 50% 50%
Dow Ch 2.40b. 16 118 114% 116%+2%
Dresserlnd 1.40 5 23% 22% 23 + %
Duplan Cpl . 3 13% 13% 13% - %
Du Pont 1.70*. 42 94% 93% 94 + >4
Du Pont pi 4%. 4 118 117% 117% - %
EAGLE 1.20a.. 2 23 23 23 - %
East Air Vi*- 11 23% 23% 23%+ %
East Corp lb... 3 24% 24% 24%
East Statl .40*. 10 16% 16 16% + %
EastmnK1.40w 41 45 44% 45 + %
Ekeo Pr 1.40 4 17% 17 17 ^
El Auto Lite 3a. 1 46% 46% 46% - %
Elec Boat la .. 4 20% 20 20%+ %
El&MusIn .06*. 10 2 2 2
El 8tor Bat 1*.. 4 43% 43% 43% - %
Elliott Co la _. 3 25 24% 25
ElPasoNG 1.60. 23 30 29% 29%
i Emer Elec 1.40. 2 16% 16% 16%
EmerRad*P lb 16 13% 13% 13%+ VS
\ EmpireDEl .66* 7 19 19 19 + M
, Endlcott J 1.60. 4 27% 27% 27%
Eqult Gas 1.30. 3 20 19% 19% - M
h
oaies—
Stock and Add Net
Dividend Rate 00. High. Low. 1:18 chge.
Equit O Bldg .60 20 5% 5% 5%
i Erie RR tig .. IB 19 19 19 + %
I Erie RR oIA6. 2 «5 64% 65 + %
Eureka Wms __ 1 6% 6% 6% + %
i Evans Prod tie. 1 13% 11% 13% - %
FAJARDOS 2a. 2 22% 22% 22%+%
I Falstaft Br 1 2 13 12% 13 + %
Fam Finan 140 3 14% 14% 14%
i FeddersQuig la 75 12 11% 12
Fed Mot Truck 1 5% 5% 5% + %
i FederDStr 2%a 10 42 41% 41%+%
i Felt & rarr 80 5 16% 16% 16%+%
i Ferro Cp l.QOg. 19 29% 29% 29%+%
Firestone 3 %g- 7 118 115% 118 +3
i FirstNat Strs ._ 3 37 36% 36% - %
FirthCpt 1 20a 1 12% 1% 12%-%
. Flintkote 2a 17 29% 29 29%
I Florence Stv lg 1 24% 24% 24% + %
i Florida P 1.20 2 18% 18% 18%
i Fla Pw & L TOg 17 23% 22% 23%
, Follans Stl ltig 7 21% 21% 21%+%
I Food Fair 80b 2 20% 10% 20%+ %
Food Mch %g 16 47% 46% 47% + %
, tFoodMchpf3V« 110 104 104 104 +1
Fostr Wheel 2a 8 41% 40% 41 - %
, Frank Sirs 80 l 10% 10% 10% + %
, Freeport Su?4g 9 100 97' 98% +1
Froedtert Cp 1 a 6 15 15 15 + %
, Fruehauf T 2b 3 27% 27 27 - %
GAIR R ,85g 7 14% 14% 14% + %
Gamble Sk 30g 4 7% 7% 7% + %
(iameweli la x 1 17% 17% 17% — %
QarrettCp 80g 3 20 19% 19% - %
Gaylord Co lli t 30% 30% 30% - %
GenAmlnv ,20g 7 25% 24% 24% - %
Gen AmTrans 3 4 52 51% 51% + %
Gen Bak 55g . 2 11% 11% 11% + %
Gen Bronze la- 4 16 16 16
Gen Cable 30g 1 B% 8% 8% - %
uen Cab S2pl 2 1 26% 28% 26% + %
Gen Cigar 1 2 15% 15% i5% + %
Gen Elec 2.10g. 44 56% i5% 56%+ %
Gen Fin 40a 8 7% 7% 7% + %
Gen Foods 2 40 6 43% 43% 43% + %
Gen Instr 20g_ 16 8 8
Gen Mills 2a. — 3 60 59 60 +1
Gen Motors 2g_ 49 47% 47% 47% - %
Gen Mot pi 5 .. 1 122 122 122 + %
Gen Mot Dt .3% 1 98% 98% 98%
Gen Por Cem2a 3 31% 31% 31%,
Gen Pub Sv ‘/«e 4 3% 3% 3%
GenPbUtil 1.20 36 18% 18% 18% + %
GenReal&Ut % 7 a% 8% 8%
Gen Relrac 2a 1 35 35 35
GenTelenhnc 3 29% 29% 29% + %
Gen T4R2 „ 5 45 44* 44*
Gillette 2 _ 31 26* 2=* 26 - *
Glldden 2a 10 43* 43* 43*- *
Goodrich lh.... 7 57 56* 57 + *
Goodyear 4a 6 90* 90 • 90* + *
Gotham Host.. 1 12* 12* 12*- *
GouldNatBat3_„ 4 49 48* 49 4 *
Graham-Palge. 5 3* 3 3 j
Granby Min ... 2 7* 7* 7*4*
GranCStl 55h. 3 25* 25 25* 4 *
Grant WTlVa 3 29 29 29 4 *
'GrantWTof.174 20 95 94* 94* - *
Gt Nor Ry pf 3g 8 52* 52* 52* 4 *
Gt wests 1.20a 3 18* 18* 18*-*
tGtWslSU of 7 20 145 144 ,2 145 43
Green HL 2a . 4 37 36* 37
GreenfT&D 2a. 2 27* 27* 27* 41*
Greyhound 1 28 11* 11* 11*+ *
GrumAir En lg_ 14 23* 23* 23*
Gull M & O 2 7 26* 26* 26* - *
Gulf M&O Df 6 1 62* 62* 62* - *
Gulf Oil Vih. 68 51* 50* 50* - *
Gulf St Dt 1.20. 14 21* 21* 21*+ *
HALL PR 1.30 7 17* 17* 17*
Harb Walk 2a . 5 29-a 29* 29* 4 *
HartS&Ml.COg. 7 25* 25* 25* 41
Haiel-Atll.20a. 1 22* 22* 22* - *
Hecht Co 1.60.. 5 31 30** 31 + *
Hercules Mot 1. 2 20* 20 20*+ *
Here Pdr 1.10g. 7 73* 73 73* + 74
Heyden Ch ,70g 97 25* 24* 25*41
Hlnde&D 1.20a * 20* 20* 20*+ *
HollandPurn2a. 3 23* 23* 23*
Holly Sue la 2 18* 18* 18*
Homrstakel tig. IS 36* 36 36
Honolulu Oil lg 1 57* 57* 57*+ *
Hooker Elec 2 . 2 65* 65* 65* 4 *
Houst L&P .80. 9 18* 18* 18* 4 *
Houston Oil 2a 3 69* 69 69* 4’ *
Howe Snd 2V«g. 5 67 66* 67 +1
HudBayMin 4a 15 5474 54* 54*
Hudson Mot IP. 3 13* 13* 13* - *
ILL CENT 3 6 59 58* 59
111 Power 2.20 27 36 35* 36 +74
Indus Rayon 3b 5 62 61* 62 + *
Ing Rand 3*ag.. 3 82 81 82 42
Inland Stl 2'/4g_ 19 51 50* 51 4 *
Inspir Cop l*g. 7 22* 22* 22*4 *
Interchm 1.20*. I 24* 24* 24* 4 *
Inter Rub .40g 2 3* 3* 3*
Interlake Ir 7<g 4 16* 16* 16* 4 *
Int Bus Mch 4b. 2 215 217 217 +3
Int Harvest 2a 54 33* 32* 33*+ *
tint Harvst pf7 xllO 16274 162 162* +1
Int Hydro El A. 3 14* 14* 14*
IntMin&C 1.60. 27 35* 35* 35*+ *
Int Mining. ... 2 3V4 3* 3*/a 4 *
Int Nickl 1.60a. 47 36 3574 35*-*
Int Pack 90g_. 7 12* 1274 12*
I in'paper 3D_
Int TAT 45w 42 15% 15% 15% + %
Int Util 1.20_ 1 24% 24% 24%-%
la 111 GAE 1.80. 10 26% 26% 26%
Iowa PAL 1.40. 2 21% 21% 21%
Isl Crk Coal 3__ 3 33 32% 32% 4- %
Jewel Tea 3a ... 1 69 69 69 + %
Johns Man l%a 3 62% 61% 62%+1
Jones A L 1.35h 17 24 24 24
Joy Mfg Ha_ 3 32% 32% 32% — %
KAISER 1.30b. 15 33% 33% 33%
KanCPAL 1.60. 3 25% 25% 25%-%
Kan C So 2%g 1 «2% 62% 62% - %
Kan PAL 1.18 « 1« IS'* ** 7 **
Kelsfy H B 2%. 3 28 26 26 + %
Kennecott 2Vig 18 75% 75 75%+ %
KernC Land Ha 2 73 73 73 - %
KeystSAWl.60a 1 22 22 22 - %
KlmbClarkH.40. 8 48 48 48 + %
Koppers Co 2a.. 15 41% 41% 41% - %
Kresae S S 2a__ 3 38 37% 38 + %
Kress SH2‘/«g — 4 52% 52% 52%
Kroaer Co 1.60 2 35% 35% 35%+ %
LACLEDE G.40. 39 7% 7% 7%
Lambert l%g 5 25% 25 25% - %
LaneWellsl.HOa 1 19% 19% 19% + %
LeesASnsl 40a 2 19% 19% 19%+ %
♦LeesA8 DI3.83 10 97 97 97 +1%
Leh CAN ,35g. 4 8'+ 8% 8% + %
LehPtCem 1.20 7 21% 21% 21% - %
LhVCl lpll.59g 3 16 16 16 + %
LebValRR 1 10% 10% 10%-%
Lehman 3.79g.. 19 68% 67% 68%+ %
Lerner Strs 1 %. 5 21% 21% 21%+ %
Lib-O-Fd l%g 18 34% 34% 34% - %
Lib McNAL Vaa 7 8% 8% 8'%
Ligg A My 4a 20 68% 68 68 + %
tLigg A My Df7 1 168 168 168 +1
Lily Tulip 1V«*_ 4 58% 58 58%+ %
Lion Oil 2. . 11 44% 44% 44%
Llq Carb 1.20... 10 21% 20% 21%+ %
Lockhd Alrc n. „ 18 20% 19% 20 - %
Loew s Inc 1% 67 16% 16% 16%+ %
LoneStCm .35h 9 24% 24 24% + %
LongBellA 1 ’4k. 5 40% 40% 40%
Long Isl L 80 15 14’% 14% 14% + %
Lorillard 1.20a. 4 22 21% 22 + %
LouisGAE 1.80. 1 32% 32% 32% - %
Lou A Nash 4.. 2 52% 52% 52% + %
Lowensteln 2a_ 10 30% 30% 30% + %
LukensStlla « 41% 41% 41% + %
MACK TRK ’if 4 15% 15% 15% - %
Macv R H 2.40 8 34 33% 33% - %
Magma Conner 2 27% 26% 27% + %
Magnavox %g._ 7 15% 15% 15% + %
Maracaibo .30 2 11% 11% 11% - %
Marathon l’/ia. 14 46 44 45% -1%
Marine Midi %. 5 10% 10% 10%
March Field 2.. 7 28% 28% 28%+ %
Martin GL 3 16% 16 16%+ %
MartinPar 30p 2 11% 11% 11%
Masonite la. _ 8 30% 29% 30% + %
Math Ch 1.60a. 15 47 46% 46% - %
MayDeptStl .80. 2 32% 32% 32%+ %
McCall l%g . *8 18% 17% 17%-1
McCrory Str 1_. 2 17% 17% 17% - %
McIntyre 2.01a 14 57% 57 57% + %
McKessAR 2'/,b ■** 40 39% 40 + %
McQuay-Nor 1 _ 2 15% 15% 15% - %
MelvllleSh 1.80. 9 23 22% 23
Menael 2 3 17% 17% 17%+ %
Mercant Stra 1. 2 20% 20% 20%+ %
Merck A Co 2a 14 110% 109 109% + %
Miami Cop ’Ag 3 18% 18% 18%+ %
MidContPet3a 10 61 60% 60% - %
Mid St Ut 1.20. 8 19% 19% 19%
Minn Honey 1g_ 6 55 54% 55 +1
Minn Mol 1.60. 9 21% 20% 21%+%
MlnnASLRy la 3 15’% 15% 15% - %
MSP&SSM 1 g 4 16% 16% 16% + %
Minn MAM '/ah. 6 47% 46% 47% + %
Minn PAL 2.20. 5 32% 32 32%+%
Misslnn Corn 31 2834 28‘4 26*4 4*
Miss Dev ,40b _ 47 16% 16% 16% + %
Miss Rlv Fu 2b 4 32% 31% 31% - %
Mo Kan Tex 2 8% 8% 8%
Mo Kan Tex pf. 2 53 527% 53 + %
MoPacRRpf— 7 22 21% 21%
Mojud Hos la 2 14% 14% 14% ,
Monsanto 2>/aa- 12 107% 104% 107% +4
Mont Dak U.90 56 21'% 21% 21%+ %
MontDak Ut rt _ 491 % *Wi % + Vis
Mont Pw 1.40a. 8 24% 24% 24% - %
Mont Ward 2a 15 69 68% 69
Moore-McC 1%. 3 16% 16% 16%+%
Morrell %_ 2 13 13 13 + %
Motorola 2b 13 45 44% 44%+ %
MulllnsM 1.60a 2 17% 17% 17%+%
MurphyGCl Via. 6 52 51% 51%+ %
Murray Cp 2a 1 187+ 18'+ 18% + %
NASlfKELV 2a 12 17% 17% 17%
tNash C&SL 3a. 10 68 68 68 - %
Nat Alrl %B . 3 15% 15 15%+%
Nat Biscuit 2... 12 32% 32 32
Nat Can .35b... 6 9% 9% 9%
NatCash R 2.80 5 55% 55 55% +1
Nat City Lineal 3 10% 10*+ 10%+ %
Nat Conti_52 14% 13'+ 14 - %
Nat Cyl Gas 1 b 4 14% 14% 14%
NatDairy 2.80a. 5 48% 48% 48% - %
Nat Dent Stria 3 17% 17'+ 17%
Nat Dlstlllrs 2 49 31% 30'+ 31% - %
Nat Gypsm ,70b 7 18% 18% 18% - %
Nat Lead 2a 16 91 88% 91 +2%
♦Nat Ld pf B 6 . 110 146% 146 146% + %
NatM&SC 1 VhB- 2 34% 34% 34%+ %
Nat Pw & Lt . 62 1% 1% 1%
Nat Steel 3a . 26 47% 46 47 +1%
Nat SUB Ref 2a. 3 26»+ 26% 26%+ %
Nat Sup 1.60a . 9 27% 27 27%+%
NatVulFlbl.20. 4 16 15% 16 + %
Natomas ,10b. .. 6 8% 8% 8%
Newberry J J 2. 1 38 38 38 + %
N E El Sys .80.. 3 11% 11% 11% - %
Newmont M 2b. 2 109 108% 109 + %
Newportlnd IB- 1 18% 18% 18% - %
NewptNwsS 2a_ 4 33 32% 32% - %
NY AlrBr 1.60-. 2 19% 19% 19%+ %
N Y Central le. 20 17*+ 17% 17% - %
NY NH St Hart. 4 16% 16% 16%+ %
NYNH&Hpf.. 3 46% 46% 46%+ %
N Y ShipbldB .. 2 15% 15% 15%
NYStE&G 1.70. 1 26% 26% 26% - %
N1BBMP1.40 . 12 22% 22% 22%
NlBBMPAl.20. 4 25% 25% 25%
Nonco Chm IB 2 47% 47% 47% + %
Norf Sc West 3a. 13 46% 46% 46% - %
No Am Avia %B 16 13 14% 15 - %
No Am Co 1.20. 49 18% 18% 18% - %
NoNatGas 1.80 3 38% 37'+ 38% + %
Nor Pacific 2. _ 38 48% 47% 48%
Nor St Pow .70 52 9% 9% 9'+
♦No8tPw4.10pf 230 98% 98% 98% + %
Northwest Alrl 2 13% 13% 13% - %
NorwlchPh .80a 7 21% 21 21% - %
OHIO ED1S 2— 15 33 32% 33 + %
Ohio 011 2b_ 8 55% 54% 54'++ %
Oliver Cn 2.40. 7 29% 29% 29%
Otis Elev 2b_ 8 36 35% 35%+%
Owens HI G1 3b 14 83% 82% 83
PacFinCall.eOa 4 20% 20% 20%+ %
Pac G & E 2 .24 327+ 32%- %
Pac LlEhtlnB 3. 12 51% 51% 51% + %
Pac Mills 2a_X 7 37% 37% 37%+ %
h
sales—
Stock and Add Hat
Dividend Rate. 00. High Low. 1:18. chge.
tPac T & T 7 .120 10674 108 108 - 1*
Pac Tin C 30g_ * 474 47* 474+14
Pac WcstOll... 20 2074 2014 2074+ 14
Packard .20g .__ 59 474 474 41*
PanAmAlrw V4g 35 10 10 10
Panhdle EPL 2 * S514 54 5514 +1
Panh PAR 30g 4 774 774 774 + 14
Param Piet 2 2 2314 2314 2314 - 14
Park Utah lOe 2 274 274 274
Parke Dav 1.80 2 6114 6114 6114 + »4
Parmelee Tr 14 2 674 674 674 + 14
Patino Min »*g 2 15 15 15
PenickAFlg.. 3 3614 36 36 - 7*
Penney JC 2a. 8 67 67 67 - 14
Penn RR >/,* 7 1874 161/4 1814
Peon GasLAC 6 3 120 11814 11814 -2
Peosi Cola 7 974 914 974
Petrol Co 45g 6 2 2 74 2 214 2 274 + ‘A
Pfeiffer Brew 2 2 1974 1974 1974 + 14
Pfizer Chas 9 46 4574 46
Pfizer Chaspf 6 12014 12014 12014 +1
Phelps Dod 3>4g 17 6374 631* 6374+ 74
iPhlla Elec 114 . 12 27 267* 2674- 14
PhARCAIl 40a 2 137* 137* 137*
Phlleo 1 60b 16 2374 23‘/« 2374 + 74
Philip Mor 3b 5 487* 4814 4814 - >/«
IPhillipsPet 2.40 165 4814 4 77* 477* - >4
iPlllsburyMllls 2 1 341* 3«»* 347*+ >4
|Pitney Bowes la 5 1614 161* 1*74-1/4
Pitts C A C 1 48 3 314 3474 3574 +174
Pit Coke A C rt 63 27* 277* 27* + tU
Pitt Con Coal 3 7 43 43 43 A 1*
tPlt Ft Wn of 7 40 158 15714 15714 -214
Plti PI G1 70g 24 4514 4474 4574 + 74
Pitt Steel 24 207* 2014 707* + 1*
tpittstl 8pf A 8 1«0 73 721* 73 + <A
tPtttStl orpf614 630 7614 7614 7614+ 14
Plttston Co 1 1 7474 2 474 2 474
Plymouth Oil n. 50 341* 33'* 3374+ 14
Pond Creek 4 _ 1 497* 497* 497* +17*
Poor A Co la 4 17 17 17 - 14
Pot Elec Pw 00 1 3 1 374 137* 1374
iicooru on v,nr_ i t v»
Proc&Gm2 60a 3 68% 68 68 - %
PubSvColol .40 10 26% 26% 76%-%
PbSvE&G1.60 6' 23% 23% 23%
PSEArG pf 1.40 12 26% 26% 76% - %
Pub Svlnd 1.80 4 30% 30 30
Publicker 44 20% 19% 15%+ %
Pullman 1 Aig « 44% 44% 44%
Pure Oil 2 x31 53% 55% 55%+ %
QTJAKRO 60b 13 33 33% 34%
RADIO CP %« 44 21 20% 20%
Radio CP pf.1% 1 73 75 75
RKO Pictures .. 3 3% 3% 3%
RKO Theaters . 4 3% 3% 3%
Raybest M2%* 1 37% 37% 37%-%
Rayonier3 .... 11 59 57% 59
Reading Co 2 4 26% 26% 26% + %
Reeves Bro 1.20 9 16% 16% 16% + %
Rem Rand lb 20 19% 19% 19% + %
Reo Motors 2 19% 19% 19%+ %
Rerfhb Avia %« 5 13% 13% 13%
Reoub Stl 1 'Ag 37 39% 39% 39% + %
HevereCABl Vjg 3 29% 29% 29%
Regall Drug 5 7% 7 7%
Reyn Met %g 10 55% 35% 55% - %
♦Rev Met pf5% 20 199% 199% 199% +1%
Rtvn Sprg >Ag 1 8% 8% 8% + %
Reyn Tob B 2 10 33% 37% 33
Richfield Oil 2a 9 39% 56% 59% + %
RoanAnCop.2Bg 8 8% 8% 8% + %
Robbins M 1 % 7 35% 34% 35%+%
Rob Pulton 1 %a 2 18% 18% 18%-%
Roch G&E 2.24 5 33% 33% 35% - %
Roch G*E rt_108 M» % %i
Ronson 1 40a 1 18% 18% 18%-%
Roval Type 2 2 23 22% 22% - %
SAPEWY 2.40a 37 33% 32% 33 - %
St Joe Ld 1 >Ag 12 46% 45% 45%-%
St Joe L&-P 1 % 4 22% 22 27% + %
St L San P 1 V«g 9 25 24% 25 + %
StL SanP pf 6 7 61% 61% 61%+%
St Reg Paper 1 x35 15% 15% 15%+ %
Schenley Ind *. 56 34% 33% 33% - %
Scott Pan 2 __ 4 51% 51% 51% + %
Scovlll Mfg 2a.. 1 32% 32% 32%
Scrantn Elec 1. 1 14% 14% 14%+ %
Scab A L RR 4 .. 5 54% 54 54%+1
Seabd Pin 1 80 6 18% 18% 18%
Sears Roeb 2a 59 54 53% 53% - %
Seeger Ref 70g 1 16% 16% 16% - %
Seiber Rub 1- 18 13% 13 13%+%
Seryel %g _. 12 9 87% 9 + %j
Sham OA-G 2 .. 3 31% 31% 31%-%
SharooStl 2%g 8 42% *41% 41% - %
Sharp & D »0g 9 48% 48% 48% + %
Shell Oil 3 17 64% 64% 64% - %
Sheller M 1.20 9 14% 14% 14% - %
Sheraton A 60 35 10% 9'+ 10% +1%
Silver King Col 4 3% 3% 3%
SimmonsCol lag 2 31 30% 30%
SimondsS 1.30g 2 48'+ 48'+ 48%+%
Sinclair Oil 2a 56 42 41% 42 + %
Skellv Oil 3 4 88% 87% 87% - %
Smith A 01.60 1 37 37 37
SmithAlegl ,20a 5 17% 17% 17% - %
♦SmlthAlg3%pf 6tV 67 67 67 -4
SoconvVac 1.60 x54 33% 32% 33 +%
So Am Gold Vsg 257 5% 5 5% + %
«wvB.vawu uu. « o !•/% a T */4
So PRic Suf 3g_ 3 65% 65% 65%
Sou Cal Edls 2 7 33% 33% 33V* + %
SouthernCo .80 19 11% li% n%
Solnd G&E 1 %. 1 21% 21% 21%
Soil Pacific 6a . 8 63% 63% 63%
South Rv 3g ._ 4 52 51% 52 + %
Sou Rwy pf 5 2 c6 65% 66
Spencer Kell 2. 2 26% 26% 26%
Sperry Coro 2_. 16 29% 29% 29% + %
Spiegel 1 4 10% 10% 10% + %
Souare D 1.40a 6 23% 23 23%+%
Suuibb 28 29% 28% 29 + %
StdBrnds 1.20a 16 22% 22% 22%-%
Std Coll Prod 1. 4 12% 12% 12%+%
Std Gas & Elec 9 10 9% 9%
Std O Cal l.!»5h 20 46% 47% 47% - %
Std O Ind 2 tab 19 71% 71% 71% - %
Std Oil NJ 3a 81 68% 67% 68%+ %
Std Oil Ohio 2b 47 38 37% 37% + %
Sterling Dr 2a 9 44% 44 44%
Stevens J P 2a 14 42% 41% 41% - %
Stew War 1.40a 2 17% 17% 17%
Stok V Camp 1_ 3 16% 16% 16%+ %
Studebakr 1*, 31 26 25% 26 + %
Sun Chem ,60a. 3 11 11 11
Sun Oil lb 8 74% 74% 74%+ %
Sunray 0 1.20 . 33 20% 20 20% — %
Sunshine M 80 34 11% io% 11% + %
Swift&Co 1 60a 3 34% 34% 34% + %
Sylvan El Pr 2a 11 35 34% 35 + %
TENNCP1.45g 3 36% 36% 361+
Texas Co __ 59 49% 48% 49%+1
Tex GulfSul 4a. 13 99% 99% 99%
TexPC&O 1.40 23 41% 40% 41%+1%
TexPac LT .70, 4 108 108 108 + %
Texas Otil 1.28 31 27 26% 27 + %
Textron 2.7 17% 17 17% + %
Thatch G1M 1. 9 13% 13% 13%
Thermold .80.. 1 10 10 10 + %
Thomas Stl 2a 27 30% 30 30%+ %
Thompson Pr 2. 20 40% 39% 40% + %
Tide W Assoc 2. 40 39% 38% 39%+1
TlmkRBelVhg 2 45% 45% 45% - %
Toledo Bdis .70. 3 10% 10% 10%
TransWorld Air * 21 20% 20% - %
Transamerl.20. 18 20 19% 20
Tri Cont ,30g 58 13% 13% 13% + %
♦Trl-Cont Pf 6. 220 107 106% 107 + %
TwenCFox2_. 25 20% 20 20%+ %
UN ASB Ac R 1_. 6 13% 13 13%+ %
Union Bag 2a 13 49 48% 49 + %
Un Carbide 2a. x28 65 64% 64% - %
Un Oil Calif 2. 16 38% 37% 37%-%
Un Pacific 6a 3 101 100 100 -1%
UnTnkCar 2.60 1 36% 36% 36% + %
Utd Air L *g . 12 28% 27% 28 + %
Utd Aire 2b 17 30 29% 29%
Utd Carbon 2%> 4 se% 57% 58% +1
UtdClgWhgl.. 33 4% 4% 4%
Utd Corp .20 . 25 4% 4% 4%
Utd Dye&Chem 1 10% 10% 10%+ %
Utd Fruit 3a _ 12 67% 67% 67%
Utd Gas Coro 1 41 21% 21% 21% - %
UtdM&Mla 8 14% 14 14%+ %
UtdParamTh 2 32 19 19 19 + %
Utd ParTh ct 2. 3 19 18% 19 + %
US&ForSec.65g 18 49% 48% 49 - %
U S Gvpsum 4a. 12 115% 114% 115% +2%
U S Lines 2- 3 18% 18% 18%
US PlayCd 3%, 1 71 71 71 —2%
US Plywd 1.40b 10 37% 37 37 - %
U S Rub 2‘/2g_. 35 68% 66 68 +1%
US Smelt*,— 24 57% 56% 57%+1%
U S Steel 2*g 77 41% 40% 41%+ %
USTob .60g .. 4 19 19 19
Uta Stkyds 40. 5 5% 5% 5% - %
Utd Wallpaper.. 7 3% 3% 3% + %
Umv Pictures . 11 10% 10 10% + %
VANNRM.0Og. 6 15% 15% 15%+ %
Vanadium l'/jg. 3 35% 35 -35%+ %
Vert-C Sug 2 .. 8 17% 17% 17%+ %
VickChem 1.20. 2 24% 24% 24% - %
Va Ciro Chpm 219 uu i i* x u
| VaCarChpf4'/xk. 1 127 127 127 +4
Va El&Pw 1 20 24 20% 20% 20%+ %
Va Railway 2%. i 31% 31% 31% - %
Visiting CD 2a-- 3 44% 44% 44%+ %
WALDORF 1 2 12% 12% 12%+ it
Walgreen 1.60a 2 27% 27% 27% + %
Walker H 3a __ 15 49% 48 48 -1%
Walworth ,46g_ 32 10% 10% 10% + %
Warner Bros 1, 25 13% 13% 13%
Warren Pet .80. 4 28% 28% 28% - %
Wash Gs Lt 1%. 1 25 25 25
WaukeshaM la 3 17 17 17 + %
Way nKnitl ,40a 1 21% 21% 21% + %
Wst Ind Bug 2a. 10 39% 38% 39% - %
W Ky Coal 2a— 5 21% 21% 21%+%
W Penn Elec 2.. 17 28% 28% 28%
West Pacific 3 i 8 51 50% 51 +1
West Ua Telia 33 41% 40% 41%+ %
WestlngAB 1.60. 10 28% 27% 28%
Westhse Elec 2. 45 37 36% 37
Wheel Steel 3.. 16 39% 38% 39%+%
WhiteSewM 2a_ 5 17% 17% 17%+ %
WlUvs-Overlnd. 24 9% 9% 9%
Wilson Si Co 1.. 7 12% 12% 12% - %
Wilson Jones 1 1 16% 16% 16% — %
Wis El Pw 1.20. x 2 20% 20% 20%+ %
Wdward Ir 2a 1 47% 47% 47% + %
Woolworth 2a._ 32 43% 42% 42% — %
Worth PScM 2a. 2 25% 25% 25% + %
Wrlgley WJr 3a 8 71% 70 71 -1%
Wyand Wor.40a 39 lo% 14% 15% + %
YORK CP’/.g. 17 13% 13% 13% - %
Young8&T*V«g. 15 47% 47% 47% + %
ZENITH R 8a.-- 10 59% 58% 58%+ %
Zonite ,10g- 3 4% 4% 4%
Hourly Sales on the Exchange Zedayt
11:00 a.m. 290 000 12:00 noon 580 000
1:00 p.m. 860 000 2 00 p.m. 000 000
tUnit of trading 10 shares. *ln bank
ruptcy or receivership or being reorganised
under the Bankruptcy Act or securities
assumed by such companies. Rates of divi
dends in the foregoing table are annual
disbursements based on the last quarterly
or semiannual declaration. Unless other
wise noted special or extra dividends are
not included, cld Called, x Ex-dividend
xr Ex rights, a Also extra or extras, b Plus
stock dividend d Cash or stock, e Paid
last year, f Payable in stock estimated
cash value on ex-dlvidend date. g De
clared or paid so far this year, h De
clared or Mid after stock dividend or
split-up. k Declared or paid this year, an
accumulative issue with dividends in ar
rears. pPad this year, dividends omitted,
deferred or no action taken at last divi
dend meeting. w Declared or paid In
1961. plus stock dividend, v Liquidating
dividend, t Payable In stock, exact cash
value undetermined on declaration date
Odd-Lot Dealings
The Securities and Exchange Commis
sion reported today these transactions
by customers with odd lot dealers or
specialists on the New York Exchange
for July 3 : 7,064 purchases involving 201.
162 shares; sales Involving 161.626 shares
involving 6.473 orders including 1.962
shares sold short on 61 orders.
«

Stock Market Firmer
As Rubber Shares,
Steels Show Strength
>y th» Auociatcd Pros *
NEW YORK, Aug. 1.—There
was a semblance of progress to
day in the stock market based on
the advance of a few major di
visions.
Steels and rubbers stepped
ahead smartly, and there was
some help from chemicals and
oils.
The strength in steels, modest
though it appeared, was regarded
as significant because of the
lowered earnings reports turned
in by not only Bethlehem and
United States Steel but also by I
the other companies this week.
Dow Chemical shot ahead 4
points at times in fairly active
trading, other chemicals were
moderately higher.
Plymouth Oil was up substan
tially after directors declared a
dividend of 40 cents on new com
mon as compared with 50 cents
paid on the old stock before a
two-for-one SDlit effective .Tniv an
Boeing dropped 2 «/a at 44 l/a on
its opening sale and subsequently
traded around that figure after
reporting earnings equal to $2.85
a share for the first half, com
pared with $5.15 a year ago.
Higher taxes and smaller profits
on Government orders was the
reason given for the decline in
earnings.
Stocks higher included U. S.
Steel, Republic Steel, Chrysler,,
Goodyear, U. S. Rubber, Inter
national Harvester, Douglas Air
craft, Admiral Corp., Radio Corp.,
Anaconda Copper, South Ameri
can Gold, Du Pont, American
Woolen, Standard Oil (New Jer
sey), and Mclntyre-Porcupine.
Lower were Union Pacific. Gulf
Oil, American Cyanamid, West
inghouse Electric, International
Paper, General Motors. Sears
Roebuck, National Distillers
(new), aqd Schenley Industries.
Trading in corporate bonds was
lighfc. Prices moved narrowly, in
the over-the-counter market.
Governments were steady.
Washington Exchange
_ . SALES.
Potomtc Elec Pwr com—70 at 33% So at
13%. 10 at 13%, 14 at 13%. 14 at 1.3%;
_ f6 »t 13%. 100 at 13%, 20 at 13%
P°l°matC 451 j Pwr 3 60 DfB A~74 45%.
^,ec \ Pwr com—285 at 20%.
Potomac Elec Pwr com—50 at 14.
PUBLIC UTILITY BONDS.
Am T&T cv db 2%s 1967._ U5%
Am J&T cv db 2%s 1901.. 109Va 111
Am T&T cv db 3%a 1969 . 115% lie%
Cap Transit 1st it 4s 1904 100
Georgetown Gas 1st 5s 1961 113
Pot Elec Pwr 3%s 1977 ... 98% I'*'
Pot Elec Pwr 3s 1983 ... 98
Pot Elec Pwr 2%s 1984 94
Washington Gas 5s I960 113
_miscellaneous bonds.
Ter Rf & W Co 1st 4s 1958 101
PUBLIC UTILITY STOCKS.
Amer Tel & Tel < B > . 150%
Capital Transit (a2> _ 30 39
Pot Elec Pwr com ( 901 _ . 13% 14
PEP 3.60% Did A (1.801... 44% 45%
PEP 3.60% old B (1.80)... 44% 45%
. '-uni U f OW' _ J J • 4 ] ]
Va El A Pwr com U (1.20)- 29% «or.
Wash Gas Lt com (1.60) _ -25%
Wash Gas Lt cm Dfd (4.26). *95% 98
Wash Gas c c old (4.50) *J03
- NATIONAL BANK 8TOCK8.
Capital (tl) _ - 28%
Liberty (8) _ _ 32i>
Lincoln (tS) _ “ 340
glass, *412) _II 300 370
Washington ft.00) 38
TRUST COMPANY STOCKS.
Amer Sec A Tr (tl) __ 32 83
Natl Sav Tr (t8t 457
Union Trust Co (tl) - 42%
Wash Loan A Tr <tl.2n) 43
SAVINGS BANK STOCKS.
Bank of Bethesda (tl.50> 49
Com A Savinas (tlOX, 325
fire Insurance stocks.
American <t8) 297
Firemen's (160) .5**" 31
National Union (.75) 20
TITLE INSURANCE STOCKS.
Columbia (t.30) 13
Real Estate (t6) 102 190
. MISCELLANEOUS STOCKS.
Carpel Com 12 14
Garflnckel com (1.50) 19 19%
Garflnckel 5%•’7 pfd (1.375) "1% "3
Garflnckel 4%% pfd (1.126) 18% 19%
Hecht Co (1.60) 30 31
Hecht 3%r/f cm pf (3.75) 88
Lanston Mono (2) _ 17% 18%
Mergenthaler Lino (a.80) - 31 33
Natl Mtg A Inv pld (a 30)_ 8%
Peoples Drug St com (2)-_ 31 32%
Security Storage (t5) 112
Ter Ref A Wh Coro (3' _ 52
Wdwd A Lothrop com (2)_ 32 32%
Wdwd A Lothrop pfd (5) 106
•Ex dividend, b Books closed tPlus
extra or extras a Paid «o far this year,
p Paid in 1950 u Unlisted.
Produce Markets *
Baltimore quotations supplied by the
United States Agriculture Department:
Apples: dull end slightly weaker. Bushel
basket*, nearby Rambos 2%-lnch up. no
grade mark. 1.75; Maryland US. Is. 2%
lnch up. William* Red. 2.25: Pennsylvania
2%-lnch up, no rrade mark, 2.00. few
2.25: 2%-lnch up US. Is. 2.25-50; fair
quality. 2.00; no grade mark, 2.25-50.
Potatoes—dull. u.S. Is. size A unwashed
cobbler*. Delaware 100 pound sacks, 1.7 5;
50-pound sacks. .90-1.00; 50-pound sacks.
5)ze B few 40 cents; bU-uound sacks
Katahdins. size A. 1.00-.05. Eastern shore
Maryland. 100-pound sacks, cobblers, 1.70
.85 few high as 2.00: bushel baskets
Chippewas washed, fair condition, 75
cents; Pennsylvania 100-pound sacks cob
blers. 1.60-.75.
Sweet Potatoes—Supplies insufficient to
quote.
Livestock 'Market.
Cattle—,300; scattered odd lots all
representative classes steady with earlier
in week; few commercial cows. 28.00
3J00; fanner to utility offerings, 19.00
24 50; individual choice beef bull. 32.50;
most utility and commercial sausage offer
ings. 2/.00-31.50; few cutters. 26.50;
scattered odd lots Inferior to good stocker
steers 24,00-34.00; sizable supply In
cluded fairly wide assortment stock
calves being yarded and sorted for show
ing.
Calves—200; slow; steady but late out
let narjpw for heavy slaughter calves
scaling over 250 pounds: few high choice
and prime vealers. 39.00. the top; other
mixed lots good to prime. 32.00-38.00;
commercial and good. 30.00-36.00.
Hogs—400: trading very uneven, steady
to 50 cents higher on barrows and gilts
sows not established: few steady; bulk of
small number held for advance; most ad
vance early on 180-260-pound averages;
lTO-C^O-pound barrows and gilts.
24.25-75, the top; 240-260 pounds.
-3.0i)-,4.00; scattered sales other weights
260-300 pounds. 20.75-22.76;
120-140 pounds. 20.25-21.00; 140-160
pounds. 21.50-23.00; few choice sows
under 400 pounds. 19.00-50; 400-460
pounds. 18.00-50.
Poultry Quotations.
Poultry—Market rather dull; receipts
moderate; trading moderate. Fryers: 3%
pounds and up. 33-36: some best. 35%-30:
few, 32; few ordinary, quality. 28. Hens:
Heavy type, 3()-33. mostly 32; light type,
few sales. 21-22.
_ Grain Market.
Flour—Receipts. 705' 100-pound sacks.
Wheat—Receipts, 223,707 bushels: ship
ments. 201.000 bushels; stocks. 6,231.978
No. 2 red winter garlicky, spot,
domestic, 2.19%; August, 2.19%: No. 3,
2.1 ova.
. Corn—Receipts, none; shipment*. 1.960
bushels; stocks. 756.207 bushels.
uats—Receipts, none; shipments, none;
stocks. 19.310 bushels.
Barley—Receipts, none; shipments, none;
stocks, 90,017 bushels.
Rye—Receipts, none; shipments, none;
stocks. 381.073 bushels.
Soybeans — Receipts, none; shipments.;
none; stocks, 32,224 bushels.
Millfeed—Receipts. 60 tons.
Butter and Ecss.
Eggs—Market steady; receipts, moder
ate; demand, good. Wholesale selling
prices; A large, 63-65; A medium, 66-58;
B large, 56-67; ungraded, 45-49.
Receipts—Eggs, none; butter, 01,514
pounds.
Chicago Livestock
CHICAGO. Aug. 1 yp) (USDAi.—Salable
hogs, 8,000; slow; steady on butchers
but closed weak on weights under 240
pounds; sows fairly active, steady to
25 cents higher, later trade mostly 26
cents higher; top 23.75 for few choice
No. 1 lights at 200-210 pounds; most
choice 180-240 pounds. 23.25-23.76 250
280 pounds. 22.50-23.25; few 290-310
pounds. 21.50-22.25; choice sows, 400
pounds and under, 18.75-20.75; few under
300 pounds to 21.00 and slightly above;
most 400-500 pounds, 18.00-19.00; 500
600 pounds, 17.00-18.25; good clear
ance.
Salable cottle. 9.000: salable calves,
100; slaughter steers and yearlings mod
erately active, about steady; heifers, cows
md bulls mostly steady; vealers steady
to strong; bulk high-choice and prime
iteers, 36-76-38.50; around a dozen lodas
prime, 38.65-38.85; most good and choice
iteers. 32.50-36.50; few loads and lots
iommerclal to low-good, 28.00-32.00; load
prime 1.136-pound heifers, 38.26; bulk
tood to prime heifers. 32.00-37.00; most
commercial cows, 27.00-30.00; canner to
itility cows, 19.00-25.50; utility to good
pulls, 26.50-30.50; odd head, 31.00; bullf
tood to prime vealers, 35.00-37.00; few
prime. 38.00.
Salable sheep, 600; slaughter lambs and
swes steady; supply small; bulk went to
imall local killers; bulk good to prime
tatlve slaughter lambs, 31.00-32.50; top.
32.50; cull and utility kinds, 27.00-30.50;
rearlings absent; high-choice 117-pound
train-fed ewes, 16.75; bulk slaughter ewes,
11.00-14.60; culls at 11.00 down.
£
N. Y. Bond Market
(Furnished by the Associated Press. I
LIST INCLUDES ONLY SELECTED ISSUES
FOREIGN 1:16 Hock V 4 Vis 99 119%
CaucaVal 3s78 40 HAM Inc 6s 67 35%
Colombia 3s 70 48% Mo-Pac 6s 77 P 106%
It CCon 2-3s77 40% Uo-Pac 4s 76 96%
Med Mun 3s 78 40 NatDalry'i V70 97%
NEW YORK CITY Nat 8teel 3s86 101%
3s 80_ .. Ill NET AT 3s 82. 99%
DOMESTIC 1 iLl?,!®*"* *1*
AmAFP 6s2030 98% IJX
AmTfrT QiLaMu H7J4 NY Tel 23/4* 82_ 96%
AMTAT 3%s73 104% 5}®^** fs J°47 71%
AmTAT 2%s8J 110
Am Tob 3s 69 100% ?*Va-,Z0 1221?
ACL 4 V2-4s 80 100 p.° * ® 8» 7,J.
BAOL^n8fo1«% Penn^RR 6s 68 l”%
”4^2010 59% PennRK4Vis85 99%
bJ hitUVs70 *95% PeRRR4V«s84E 92%
II IXs7" SIS PeoAE Inc 4s90 40
Beth Stl 2%s76 95% phPetcv2%s75. 136%
Celotex 3 Vis 60 98% PSFO As «:t 100%
C A O 4 Vis 92 119% SLSF fk 2022 - 79%
Chi A E 1 Inc 97 75 scsF 4s 97 _ 97%
CinGAE 24is75 98 socony 2 Vis 78 94%
CCCSL 4'is 77 65% go Pac 4Ws 60 97
Clev El 111 3s70 101% So Ry 6s 66 107%
ConsuP 2Vis 75 98% 8o Ry 4s 66 98%
Det Ed 3s 70 101 8tdO!lNJ2*s74 97%
DetTAIr2 Vis78 92% Tex Coro Ss 86 102%
Fla E Cst 6s 74 73 T A P 3Vis 86 100%
N. Y. Curb Market
LIST INCLUDES ONLY SELECTED ISSUER
1 1 Imp OH 60 34%
Air Assoc .20w 8% Int Clg Mch la. 14
Am Marie .10* 5% Kalser-Frazer 5
Am Superpowr. % Kirk Lake 04 %
Anch Post ‘Aa 8% Lake Shore Vi* 8%
Ark N Gas 60 15% Law Ptld Ce la 26
Ark N Gs A 60 /6% Lone St GI 1.40 27%
Atlas Coro ww 6% Louis LAE 2a 42"
Atlas Ply 1 Via 23% Massey Har V, 13%
BaldwlnSec Vi* 3% Mid St Pet ‘/if 13%
BariumStl .20* 8% Molybdenm Via 39%
Breeie Cp ‘ih.. 8% Mt St Pw 42h. 11%
Brlt-Am 011 1 36% N J Zinc 2Vi* . 69%
Brown Co 14 Niatt Share Via 16%
Brown-F DIs.80 19 No Am Ut Sec.. 4%
Rrnn-rt TT isf in X Mnotk.n. 11.. liis
Burry Biscuit 4 Pac Pet Ltd -_ 7%
CalAEdmCp.10- 13% Pancoastal Oil 5%
Can So Oils wl 5% PancoastOil wl_ 3
Carr Cons Bisc 2% "antenec Oil 5%
Cessna Alrc.20e 6% Producers Coro 2%
Claude Neon 4% Raytheon Mf« 9%
Con3MnKA8 3a 144 Rice Stix 2a _ 31
Coro Inc %d 7% Royalite Oil.26 13%
Cosden Pet.70* 17% 3t Lawrence 42%
Creole Pet 2%* 74% 3e«al Lock AH 1%
CrownCPet 40e 12 8hawWAP1.20a 34%
CubanAtl Su* 3 34 standard Brew %
DennMJgA 1.20 14 Std Oil Ky 2a38%
Det HdwM ,30a 5 Std Pow A Lt __ 6%
DraperCpl.35f. 24 Stroock >/»_23
Dumont A '/<* IS Technicolor 2 19%
East O A P %» 12% Thlokol Coro - 12
Easy Wash 11% Tlsh Reall 40 20%
El BndASh %f 22% ToddShpydl %* 51%
Eureka C Ltd % Toklan Roy .12. 4%
FafrchEAA.20f 7% Trl Cont war 3%
Gen Plywood 2% Tun* Sol L %* - 17%
Giant Yell 8 OnOasCan.65* 19%
Glen A] Cl 20p 11% u 8 Poll B 40*- 41%
Goldfield Con */i* C 8 Rub Reel 4%
Here Stl Pr 20 3% WentworthM % 6%
| Business Briefs |
Electric Power Production in
the week ended July 28 totaled
7.005.261.000 kilowatt hours vs.
6.974.574.000 in the previous week
and was 13.2% above the like
week a year ago.—Edison Electric
Institute.
Wholesale Food Index, based on
the cost of a pound each of 31
foods in general use, this week
rose to $6.91 from $6.90 last week
and was 5.8% above the year-ago
figure of $6.53.—Dun & By
street. , '
United States Steel Corp, in 3
months ended June 30 earned
$58,133,716 or $1.99 a share vs.
$69,861,496 or $2.44 in 1950 period.
Republic Steel Corp. in 3 months
ended June 30 earned $14,458,116
or $2.38 a share vs. $21,080,742 or
$3.50 in 1950 period.
Jones & Laughlin Steel in 3
months ended June 30 earned $8,
879.000 or $1.37 a share vs. $11,
005.000 or $2.05 in 1950 period.
Youngstown Sheet. & Tube in
3 months ended June 30 earned
$9,094,602 or $2.71 a share vs.
$10,785,832 or $3.22 in 1950 period!
Corning Glass Works in 94
weeks ended June 16 earned $5,
874,765 or $2.15 a share vs. $6 -
585,318 or $2.44 in 1950 period.
Other earnings included:
For 3 Months Ended June 30.
A1Per shaTe * D *11 S10.9OB°OOn
A“e? fha~Co 11 *•*10.154 6.292.92(1
a snare _ 1.16 1 o4
AlPe?r?h = rSh0* - 2.084.337 1,557.28)
rer snare 1 72 1 ■!*
1.739.124 125.288
Per share 1.07 0.03
Months Ended June 30.
N*&nasl,£id 1-678if5’
Amp"riCahna^SC°Se 12-650^
Rap?rn‘Jh.r. -I: *-449»2s 6080 861
Per share 0.8R 4 4H
Associated Invest 6.461.306 5.045 405
Per share 5 04 4 *4
Diamond Match . 3.597.829 2,678.258
Per share _ 3.04 2 4N
Scott Paper ... 3.429.452 . 3.730.118
Per share _ 1 82 o n?
Missouri Pacific. 3.621.520 8.4237573
Per share
Climax Moieybd . 3.923.974 1.369,606
Per share __ 1.56 0 54
Boeing Airplane _ 3,090.074 5.964.16’
Per share 2 85 5 <1
Anderson-Prlchard 2.601.296 2.426,437
Per share .... 3 20 o ob
Hajoca Corp ... 469.856 275.806
„ Per share ... lln 2 06
duett Peabody _ 2.642.S28 2.115.673
Per share _ 3.24 2.52
„ .For Year Ended June 30.
Cons Edison N Y. 39.266.940 38.163.309
Per share . 2.32 2 39
Comwith Edison _ 29,101.478 28.598 979
Per share „. 2.12 2 08
Ohio Power Co _. 10.586.074 9.095,457
* Pe? S!?ar* — *52.30 *44.94
Anoal Elec Pwr . 10.725.045 9.968,744
Per share . *28.60 *26.80
Am Natural Gas. 6.794.000 7.300.952
Per share 2.66 2 40
C Gas EL&P Balt 9.467.517 10.140.19!)
Per share _ 1.74 1 91
Ind * Mich Elec. 7.253.075 6,329,665
Per share
Dayton PAL.. 6.634.339 6.292.607
Per share 2.90 2 78
Bklyn Union Gas. 3.347 428 2.274.507
Per share 3.99 4.34
Delaware P & L _ 3.797.551 3.383.163
Per share 1.99 1.74
•Preferred.
Dividends Announced
NEW YORK. Aug. 1 OP).—Dividends an
nounced:
Extra.
Pe- 8tit. of Pay
„ , Rate. riod. record, able.
Unlv Cons Oil _ SI __ 8-15 8-30
Masonite Corp _50c_8-11 8-28
Stand Oil N J new_25c_8-10 9-13
Carpenter Steel $1 __ 8-31 9-11
Initial.
Plymouth Oil new 40e_ 8-24 9-24
Vanad Alloys Sti new H5c 8-16 9-1
Stand Oil N J new 75c Q 8-10 9-13
Increased.
Nat Container 25c Q 8-20 9-10
Irregniar.
Gen Fireproof 62*Ac_ 8-20 9-11
Deere & Co_ SI.50.. 8-10 9-1
Regular.
Bristol Myers _40c 8-15 9-1
Ely * Walker D Gds .25c Q 8-11 9-1
Fishman M H ... 15c Q 8-15 9-1
Otter Tall Power 3 7 tic 8-15 9-10
St L San Fran Rwy.62’/2C 9-1 9-15
Superior T & Die ... 5c Q 8-17 8-31
U S Potash _45c Q 8-31 9-3 5
ABC Vending Co_30c S 8-31 9-15
Am Tobacco _75c Q 8-10 9-1
Bullock Fund Ltd „.25c 8-15 9-1
Flintkote _50c Q 8-27 9-10
Unlv Cons Oil ... 50c Q 8-15 8-30
Hackensack Water 42V4c Q 8-15 9-1
Jones & Laughlin Stl 45c 9-4 10-1
Masonite Corp _25c Q 8-11 8-28
Thew Shovel_26c Q 8-15 9-1
U S Steel _75c 8-10 9-10
Carpenter Stl_60c Q 8-31 9-11
Gen Dry Bat_15c 8-27 9-7
Hajoca Coro _50c Q 8-15 9-1
Warren Petrol_20c Q 8-15 P-1
Atlas Tack _76c - 8-15 8-31
Bell & Gossett_30c Q 8-15 9-1
Fajardo Sug_60c _ 8-15 9-1
Lane Bryant_25c Q 8-15 9-1
Ohio Oil _ 75c_8-10 9-10
Ryerson A Haynes 12 Vic 9-4 9-14
Winnipeg Elec _60c 8-31 10-15
Market Averages
30 15 15 60
STOCKS. Indust. Rails. Dtil. Btks.
Net change_ +.2 unc. unc. 4-.1
Noon today_ 130.9 64.8 49.2 95.0
Prev. day_ 130.7 64.8 49.2 94.9
Week ago_ 130.6 63.4 48.9 94.1
Month ago—-- 124.2 59.2 47.2 89.3
Year ago 105.5 47.2 43.1 76.1
1961 high_ 133.4 72.2 49.5 97.8
1951 low_ 119.9 58.1 46.4 88.0
20 10 10 10 10 Low
BONOS. Ralls Indust Dtil Por n Yield
Net change unc. unc. + .1 unc. unc.
Noon today 94.4 08.7 99.7 73.0 105.4
Prev. day. 94.4 98.7 99.6 73.0 105.4
Week ago 94.3 98.6 99.5 72.7 105.2
Month ago 93.6 98.1 98.1 72.0 103.9
Year ago 95.6 102.1 104.4 70.7 110.9
1951 high 100.6 101.9 103.6 73.1 110.9
1951 low 93.6 97.7 97.6 70.6 103.6
(Compiled by the Associated Press.)
New York Cotton
NEW YORK. Aug. 1 (fl*i.—Cotton futures
continued to display a heavy tone in fore
noon trading with prices near the lows
ror the day. Purther hedging and com
mission house selling were absorbed prin
cipally through short covering. Some of
the trade selling in nearby October was
attributed to liquidation of futures hold
ings against the purchase of spot cotton.
Traders were inclined to switch from
October to later months in anticipation of
hedging in October later on in greater
volume. The fact that nearby October
and December broke through previous
resistance points also had a depressing
effect on sentiment.
Noon prices were 56 cents to SI a
cale lower than the previous close.
October. 34.56; December, 34.61, and
March, 34.63.
\
\
1
Some Steel Users See !
Production Cut Due
To Materials Control j
By *h« Associated Pre»»
NEW YORK, Aug. 1.—Some;
steel users who have been unable i;
|!
to get mills to accept their orders)
under the controlled materials
plan may be forced to cui^ail pro
duction within 60 days, the Iron
Age, metal-working trade weekly
said today.
Some of these rejected orders;
are for important programs, the
publication said. It reported:
“One was from a manufacturer
of parts for tanks; others were
from railroad car builders.”
If layoffs result from lack of
steel, the Iron Age said, labor’s
voice will join the chorus of an
guished cries over CMP.
The Iron Age reported custom
ers are criticizing steel sales
people for not returning steel al
lotments more ouicklv. It assigned
this reason:
Steelmaking operations this
week were placed at 102 per cent
of rated capacity, a gain of half a
point from the preceding week.
Chicago Grain
CHICAGO, Aug. 1 IIP).—Gains rang
ing to more than a cent in wheat lent
some support to the rest ol the market
on the Board of Trade today.
Wheat opened % to 1 cent higher
and extended Its advance in early deal
ings. Trading was not active, but those
who wanted to buy had to reach for of
ferings. Corn and oats firmed slightly
after starting no better than, steady.
Wheat near the end of the first hour
was iy*-l5/a cents higher. September
*2.37%; corn was %-% higher. Septem
ber $1.71%, and oats were %-% higher,
September 77%. Soybeans were %-k%
cents lower, September $2.81%. and lard
was 10 to 27 cents a hundred pounds
lower, September $10.25.
Less favorable news from cease-fire
negotiations in Korea, with even a pos
sibility that the entire negotiations might
break down, brought a little buying into
wheat, traders felt. However, this was
not considered as important a factor as
the possibility of export business pick
ing up.
Currently the International Wheat
Agreement Council Is meeting in London
Some grain men believe that foreign buying
under the agreement, which has been noth
ing to get excited about so far this season,
will expand sharply once the council has
finished its meeting.
European production of wheat Is smaller
this year In several Important countries.
The fact makes it difficult for many grain
men to believe foreign buying can hold
off much longer, particularly in view of
the tense international situation and the
need to stockpile wheat.
Another factor in the wheat strength
was the feeling the Government crop esti
mates for August will show a drop in win
er wheat prospects. Temperatures rang
ing as high as 100 degrees were forecast
for North Dakota. That might cause some
deterioration to spring wheat.
Weather was ideal for growth of the
corn and soybean crops In the Midwest.
Corn receipts, however, continued very
light, although the trade was expecting an
upturn if the new crop continues to make
favnroK a nroovsr r A _* _ 1_
vesting is in full swing, arrivals of that
i grain have not been heavy cither.
New York Produce
NEW YORK, Aug. 1 ypi.—Eggs, 14 942
Arm. New York spot quotations, based
largely on exchange trading, follow: Mid
western: Mixed colors — Fancv heavy
weights. 58V extra 1 large, 54V extra
1 medium. 52: current receipt, 47V
dirties. 42; checks. 36V Whites—Fancy
heavyweights. 59V extra 1 large 55;
extra 1 medium. 53. Browns — Fancy
heavyweights, processed, 60; extra 1 large.
56.
Nearby: Whites—Extra fancy heavy
weights, 67; fancy heavyweights, 66;
others, large, 63-65: mediums, 58; pul
lets. 42; peewees. 27. Browns — Extra
fancy weights. 67; mediums, 67-58; pul
lets. 42; peewees. 27.
Butter—765.303; steady. Wholesale prices
on bulk cartons: Creamery, higher than
92 score (AA), fresh, 68V 92 score (A>
fresh. 67V 90 score (BJ, fresh, 66-66V
89 score (C). fresh, 65.
Cheese—424,172; steady: prices un
changed.
TRUST I
NOTES
Reasonable Rates
Prompt Service
Ulc Will bey Second Trvst Hole*
Steered on Improved Property
NATIONAlMORTEAGE
^investment corr
no mv Av/r uui.uitut I
COMMON STOCK DIVIDEND i
66th Consecutive Quoriarly Paymani
The Board of Directors of Seaboard
Finance Co. declared a regular quar
terly dividend of 45 cents a share on
Common Stock payable Oct. 10, 1951
<o stockholders of record Sept. 20,1951.
PREFERRED STOCK DIVIDENDS
The directors also declared regular
quarterly dividends of 65 cents a share
on $2.60 Convertible Preferred Stock,
33}A cents a share on $1.35 Con
vertible Preferred Stock, and 3 3 '4
cents a share on $1.35 Convertible
Preferred Stock, Series B. All pre
ferred dividends are payable Oct. 10,
1951 to stockholders of record Sept.
20, 1951. A. E WE1DMAN
htlj 19. 1951 Treruurtr
I
INSURANCE
1700 EYE ST. NW.
WASHINGTON
Ml. I99«
Wo Q*»f
CALIFORNIA ■
tungsten
ft Common Stock
I Price 15 Cents per Shore I
I Offering Clr'ular.hfZ«
■ your own investment dealer
or the undersigned ■
I Phone or writ•
Itellier a CO. I
Local Representatives
MR. SHERLEY COLBERT
707 20th ST. N.W.
Washington 6, D. C.
District 1292—King 8-5171
DESKS
1
Office Furniture Since 1884
Also Complete Floor
Used Office Furniture
and Equipment
H. Baum & Son
616EST.N.W. NA. 9136
WAREHOUSE
REMOVAL SALE
v
We have lost our lease on this
35,000 sq. ft. Warehouse Bldg.
All goods must be sold in 15 days.
Sale starts Aug. 2nd to Aug. 5th
from 9 to 5:30. Open Sunday from
9 to 4. GOODS ON DISPLAY at
3150 K ST. N.W. Free Parking.
Our loss is your gain. *30,000,
new and used office furniture
has to be sacrificed. Free de
liverv nn all nrHorc nvor tin
100 Desks. Typewriter. Fist Tops,
wood and steel 810 and op.
Table, *.-> and op. 150 sva-Jable. 48
to 81 inches.
1-drawer wood Golden Oak Fllo Cabi
nets. WOS. 80.30 each.
2.500 Card Files 3x5. 4x6, 6x8, 60
eents per drawer.
Bookcases with class fronts, oak, 84
per section.
Desk Lamps, f? each.
Costumers, *2 each.
Walnut New Desks. DP Flat Top, 896.
reduced from *135 to *95.
1.500 Chairs, 100 wood typist chairs.
*1 each.
Typist Chairs, steel base. *4.50 and up.
Bank of Enrland Chairs, steel base,
*10 and up.
Hundreds of valuable first class
office furniture must be sold re
gardless of cost. Letter trays and
waste baskets to every purchaser.
Manhattan Office Equipment Co.
3160 K St. N.W.
REAL ESTATE
SALES & SERVICE
A

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