Evening Star Newspaper, July 11, 1926, Page 32

92526 . Low. Stock and dividend.’ 62 Abitibi Power & P (4). 96 Adams Express (8). 10 Advance Rumely. 47 Advance Rumely pf (3).. 7% Ahumada Lead (1).. 86% 4ir Reductior (15) 7% Ajax Rubber . Alaska Junea. Allied Chem & D 4) 117 Allied Chem & Dye pf(7) 121% 71% Allis-Chalmers Mfg (6).. 91% 108% Allis-Chalm Mfg pf (7).. 109% 24% Amerada Corporation (2) 30% 18% Am Agricultural Chem 18% Am Agricultur] Chem pf Am Bank Note (1.60) Am Bank Note pf (3. Am Beet Sugar ‘Am Bosch Mag! . Am Brake Shde & Fy Am Brown Bov Elec (2). Am Brown Bov El pf (7). Am Can (2). Am Can pf ( Am Car & Foundry (6) Am Chain Class A (2).... Am Chiele (3)..4. . Am Druggists Syndicate. Am Express (8). . 127T% Am & Forelgn Power.... Am & For Power pf (7).. Am Hide & Leather, ¢ Am Hide & Leather pf. 40). Am Jce (+10) Am Tce pf (8). Am International. L Am LaF Fire Engine (1). Am Linseed. £ Am Linseed pf (7).... Am Locomotive (8)... Am Locomotive pf (7) Am Metal (4). Am Metal pf (7 Am Power & Lt 5%-Am Ship & Commerce. ... ' 90% Am Smelting & Refin (7). 135% 105% Am Smeit & Refin pf (7). 118 124% Am Snuff (12) .. 128 37% Am Steel Foundries (3).. 42% 108 Am Stl Foundries pf (7). 114 47% Am Sugar Refining (5)... 70% 91 Am Sugar Refining pf(7). 101% 14% Am Sumatraoptetfs A.. 27% 27 Am Telegrh & Cable (5).. 130% Am Tel & Teleraph (9. 85 Am Tobacco (8). - 841% Am Tobaceo CI B (8) 104% Am Tobaceo pf (6 103 Am Typefounder: 24% Am Water Works(cl. 98 Am Water Works nf (7) 98 Am Wholesale pf (7) 19 Am Woolen. 66 Am Woolen pt 1% Am Writing Paper pf. 5% Am Zinc Lead & Sm. . 20 AmZincLead & Smpf,. 85% Anaconda Copper (3). 26 Archer-Daniels-Midland. 9% 39 188% Delaware & Hudson (9).. 164% 164 164% + 126 Delaware Lask & Wn (17) l:-rh- l:ga l:g% 60 35 110 - Detroit Edison Co (8). ... 184% 132% 138% 4% & " 43% 41 " 8% rothers pf (7 20 ll:!fi SZ:.?:'.’.“. (:)’( X 105 - Duquesne Light 1st pf(7) 116% & 106% Bastman Kodak (18). IESE REREE S S 4+ 111% Endicott-Johnson pf (7) Tid++11 - 103% Famous Players. R 86% 285 Gen Eleetric (112). +I++i+11+11 %1 27% Davison Chemical:. ;... 42 Denver & Rio Gr West pf. 100 100 300+ 20% 28U 28% + 8. 8% 126 11% 11% 28% 23 23% ‘248% 240% 240% 94 Dupont debenturemt 106% 10541106% 115 116% 33% ISA.(3.40) . . 974 Devoe & Rayds 15t bt (7). 21% Dodge Brothers Cluss A R T 114% 112% 1184 20% 28% 28% 4o 14 et N R 4 Blectric Boat. 7 5% 6% + ‘15% Electric Pow ight 210 19% 19% — 89% Hlec Pow & Light pf (7). 96 96 + 99% E1L F&L pf ctf 40% pd(7). 103% 103% 103% — 62% Bleotric Refrigeraon(f2) 75% 72% 72% — 60% Electric Storage Bat (16) 85% 834 84 - 1 Emerson-Brantingham... 1% 1% ° 5 KEmerson-Brantinghampf 8 8 8 68% Endicott-Johnson (5) 67 . 60% 68% 118 114% 116 99% Equitable Of Bldg pf (7). 110 107 110 22% Erle 88% 37 884 83% Erle 1st'pf. 80 Eri02dpf......sse 43 KurekaVacuum Clean(4). 52% B4% 15 Exchange Buffet (1%). 15 15 90% Famous Players (10) 114% 115 DI8). 20% 1204 26 Fed Lt & Trac (*1.40). . 49% Fed Mining & Smel pf(7) . 91% First Nat Pic 1st pf 19.44 1 80 First Nat Stores (1%) 60% Fisher Body (5) 10% Fisk Rubber. 76% Fisk Rub 1st pt stpd (7). 94 _ Fisk Rubber 1st pfev(7). 82% Fleischmann Co (t2%). 85 Foundation Co (8) 5% Fox Film Class A 8 . Freeport-Texas 28% Gabriel A(14%). 4% Gardner Motor . 89 Gen Am Tank Car (3) 421 Gen Asphalt. ... 86 Gen Asphalt pf (5. 46 Gen Cigar (4).. 79 General Electrl - £ \3 © - EEFRFFESE s 3 H +3 2z 3 | F4+++b0d S sReFe Rasss LR - & EEES . 10% Gen Electric Spec 34 GenGas&Elec A 95 GenGas& ElecT% pfA.. 92% Gen Gaspt B (7). 102 ¢ }o)uz 1633 101% 1% ~ 118% 118+ 28% 28% — 22fs Ro"esPesdsl 22528 oo " 45% Gimbel Brothers. .. Bnhk—ther Deliveries . Are Steady. By the Associated Press. NEW YORK, July 10. — Recent sharp advances'were followed by mod- erate reactions in the eotton market here ‘today- so far as the new crop months were concerned, while there was a very sharp closing break in the price of July contracts. sold off to 16,98, rallied to 17.17, and closed at 17,08, with the general market clos- ing steady at a net decline of 123 points on July, and of 10 to 21 points on later deliveries. Trading in current July contracts ended at noon, and that position was relatively easy during the entire morn- ing under liquidation. The earlier selling was absorbed by covering on declines of about 30 or 35 points, but later in the morning there was an- other flurry of offerings and the price broke to 17.50, or 132 points below Frri- day's closing quotation. - There were sales later at recoveries of 9 or 10 points from the lowest and it was esti- mated that between 50,000 and 76,000 bales were involved in the evening-up of the July%position., Up to the end of this week about 80,000 bales had been tendered on July contracts and it was expected that the remaining interest would be liquidated’ by deliveries of about 5,000 les be- fore the end of the month. No fresh development in the spot situation was mentioned in connection - with the break, and the closing fluctuations in July were generally attributed, to the :nlnl readjustment of the-tech: po- tion. & breathing "out The rate of this breathing dioxide. mbridge this is to be measured at -84 41 Montgomery Ward 19% Moon Moters (3).... Lode Coalit ( 83% Moto-] 18 Motor Wheel (2) 11 Mullids Body 98% - 65 181% 128% Nat Biscuit pf ( 54 38 NatCash Register (3) 20% Nat Cloak & Suit,....... At Realty; Second Mortgages and Some Bills of Merchants Form the Bulk of the Trade of These Companies—Trick Bank Check. 1 BY L A. FLEMING. Finance corporations are increasing in number and in the volume and im- portancé of their transactioas. They are broadening out from au- tomebile financing and the purchase of merchants’ accounts and are now being used also in financing the build- ing of business Dblocks, apartment houses and homes. £ Many bullding companies and con- tractors are forming these corpora- tions for the express purpose of put- ting them back of their own business, where perhaps some of the restric. tions of the bhanks may be and larger loans placed. " The guicker the turnover the more money. for the operator. It is also true that the less the cash down re- quired the quicker the consummation of the sale and per se, the larger the " nie i then results in second and eyen third mortgages, and the going rates of interest and commissions pald for securing the money are sald to be|ls very tempting. Therefore the desire to gather it in. If one can organize a good finance company with Jarge capitalization, se- cure a satisfactory sale of stock to the public and then bond their invest- ments and sell the securitiea, they should be on the highway to wealth, Banks Must Be Secured. But the banks in making their loans must be secured. A 50-50 ratio be- tween their own assessed value of property and the amount of cash loaned thereon is considered absolute- 1y secure. Banks are choice in thé selection of do mot care. to second mortgage even for the high rate of interest plus com mission available. . investors, in the event of the question being put to them would also claim that safety was the first consid- Net. | ~1926-26— Low. . Stock and dividend, 17% Simms Petroleum (1). 17 Sinclair Consol 01l 99% 78% Sinclair Consel Oll pf(8). 86% 21% Skelly Of1 (3 143% 80% Sloss-Sh Plidss ULI+H+1 14 PR off Steel & Ir (6). 139% 180 62 South Porto Rico Sug(s). 112 110 110 —2 30% Sou California Edison. .. 3 43 Southern Dairies A (4).. 22 Southern Dairies B Southern Pacific (6) eiation, and yet tempting interest will g:‘ht caution even to the point of ling to ask thelr bankers as to the advisability. of making the investment. Not As General As Formterly. . Inquiry discloses the fact that while there are a few retall establishments that still do business on the basis of semiannual settlements, and if not chase and sile, and ask and enforce & larger pércentage in cash-down of th: ‘srger manufacturers There is' no phase finance as conducted by corporations organized for the purpose with which banks are not 4 Sometimes the opportunity * is tempting, as evidenced by the fact that two national banks in this city and national banks in reserve citles have organized, some under their own management, finance companies, furnishing the capital as a special vidend to- shareholders, or raising it by separate stock selling, for the purpose of doing the most desirable unnndng of the character Time will tell how successtu’. they are. | Spec . An Important Question. There is one uestion that investors bave a habit of asking, that they have a right to ask and that they basls, | ghould make the first query after be. generaily the Jimit. Most of the r concerns are red to give ample credit tions with thelr own credit plus accumulations ~dt the banks. That they are not using thelr -cyedit with any degree of free. dom is perhaps due more to the Te- stricted stocks than to great It extended to their trade. ¥ JIn the ~modern intensive retail merchandising—not just at this time of the year—with the enormous vol- ume of installment purchases, there probably & considerable number of merchants who will gladly accept the . advance on__banking rates ol by, the finance. com that they may give the maximum of credit accommeodation to thelr cus- tomers. i Finance companies are not known in this character of credit extension— the merchant retains the accounts and does the collection and in turn repays the loans made when the ac- counts are settled. It s admitted that the customer who meets his bills in our retail establishments promptly s treated with consideration. . Banks Do Financing. It is admitted that bankers are getting more and more of the auto- mobile financing, as the larger man- ufacturers, in their efforts to lessen the cost of financing and therefore increase their, sales, put more strin- gent_rules info their used car pur- W Net. 19K 18% 18% ~ % 2% 21% - 9% 99K 367 3% 84. — 1% - % ing assured of safety, and that is the one regarding a ready market, “Where can I sell this stock when 1 want to?"” . There is no telling, in the face of the uncertainties that always exist, just what moment ready money may If there is a place where it may be sold then there will be small trouble, even if col ns are required. It might be well to make inquiries on all investments offered as to the ad- vances -that might be obtainable a loan seoured by the collateral from commercial penies. It would tell the investor something of the value of the pro- investment while yet there was time to avoid it. The salesman could not Jaugh that off. On “Lee Boulevard. It might be well, also, in the event of real estate ulators making an effort to capitalize the proposed route of the proposed 200-foot-wide ‘Lee bouleyard to recall that this dream, while it may come true in some abbre- viated form, is a matter that will take years to bring to a conclusion, and that the enormous width is the other kind of 4 dream, the route to be followed is as yet a matter of doubt. Is Tt Possible? 1s it possible for a. check to do its werk over again after having been once credited to the account of the firm to whose order it was drawr, be entered on the books of the paying ‘bank the second time after it had been properly stenciled and stamped ““Paid” on the reverse and then be returned to_the maker? This query has not been discussed by the ers, por put up to Has kins, but whenever it is put up to bankers the opinion seems to be that the check, making the rounds for the second time, while it might sneak through, would find it extremely diffi- cult, Such a case is on record in a jocal bank. The check ‘“‘sneaked through.” making the trip in a large batch of checks for kilowatt hours that did not pass through the clearing house. It was welcomed by the bookkeeper, banks or trust com-‘ DULLNESS 1S SHOWN IN BOND DEALINGS Typical Short Summer Session Held—Buying Interest Is Much Restricted. By the Associated Press. NEW YORK, July 10~Typical Midsummer dullness .narked today's short period of band trading, in which prices held relstively steady. Buying nterest was confined to a few semi- ulative issues, but these were able t6 make little headway. Although of- fegings for the week were unusually light, the bulk of the investment de- mand continued .to be supplied from dealers’ shelves, which were still well stocked from the record June flota- tions. ' Few changes of importance took place in the foreign group. Pending further developments in the French financial situation, this country's bonds merely marked time. Belgian issues attracted better support, but some of the German obligations and the Mexican assented bonds were forced back by realizing sales. Price movements of railroad llens were conflicting, with the price aver- age of these issues virtually un- changed. Chesapeake & Ohio and Erie mortgages continued to gain, but Denver & Rio Grande 4%s, Peoria & Eastern income 4s and Towa Central 4s receded a point or more. Texas & Pacific first 55 advanced 1% points to a new high at 107% on a single trazs action. \ Anticipating the announcement of further reorganization details, Amer- jcan Writing Paper issues recovered slightly, but Skelly Ofl 61s remained under pressure. ——————————— to the Potomac Electric Power Co. to prove original payment of the bill that had been questioned. o Some check, that. In former days bankers preferred fittle mention .of the intangible tax prior to July 1, the date upon which valuation is reported. But the years that have passed since the enactment of the tax and the experience r after year has impressed the tax Now just before the 1st of July many deposits start checking out—nbt in few hundreds, but in tens of thou sands, for the tax counts up readily One-half of 1 per cent doesn’t make much difference with the small de it accounts, but the $5 om the $1.000 m. the big account hard. Moreover, this tax also applies to all stocks and bonds held by investors, save the shares of corporations hav- ing their chief office in Washington. except exempt securities — Govern- ment, State and municipal. Some depositors simply put their de- posits in strong boxes or safety de- posit vauits or in their pockets, re- depositing on the second day of the month. Money in pocket or safety boxes is charged agains to the account of thz | just as liable to the intangible tax as maker and returned to him on the | if it was in the bank. Bankers will balancing of his bani book. not give publicity to a bank deposit 1ncidentally, the check was returned 'save to the owner thereof. CONDITION OF ALL LOCAL BANKS AS SHOWN BY CALL OF JUNE 30 12% Glidden Company (2). 87 Gold Dust 86% Goodrich ( 98% Goodyear Tire&Ru pf( 80 Armour & Co of Il pf(7). 86% Goodyear T & R pr pf(8). 107% 107% 18 Arnold Constable & Co 47% Gotham Silk Hoslery (n). 48% 47% 89 Artloom (3). 33% Gotham Silk Hos (2%) . 20 20 98 Gotham 8ilk Hos pf (7). 16% Gould Coupler Cl A (2). 90% Archer-Daniels-M pf (7). 90% Armour&Co of Del pf(7). 13% Armour & Co of Ill (A).. 5% Armour & Co of Tl1 (B).. 72% Nat Cloak & Suit pf (T) 42 Nat Dairy Products (3) 25% Nat Dept Stores. . . 90 Nat Dept St 1st pf (7). 123% Nat Distillers Products. Nat Distillers Prod pf. 80 Standard Milling pf . 52% Standard Ol Cal new (2) 38% Standard Ollof N J (1). 45% 116 Standard Ofl of NJ pf(7). 116% 4% Standard Plate Glass. ... 5% 62% Sterling Products (5).. 556 Stewart-Warner (6) . 59% Stromberg Carburet (6) 41%. Studebaker Co (5) & ¥ FEF .-.. E7F e Pes 4 o FAAE R 25 FEEREL U P E R L r 40 o .... &F & ; g2 seferrs xevs"er CeseFsiFcrereiss 19 Gt North Orectfs (1% 89 Great Western Sugar (8). 107 Great West Sugar pf (7). 9% Greene Cananea Copper.. /28 Gulf Mobile & Northern.. 891 Guif Mobile & Nor pf (6). 62 Guif States Steel (5)..+ 25% Hartman Corp (2% ). 80 Hayes Wheel (13%)... 66 Helme (G- W) (16%). 17% Hoe (R) & CoClassA. ... 43 Homestake M! (1), 84% Household Prod (13%)..:" 50% Houston Oil...... 16% Howe Sound (3) % 21% Hudson & Manhat (2% ) 641 Hudson & Manhat pf (5) 388% Hudson Motor (3%) 14% Hupp Motor Car (1).. 111 Iilinois Central (7). 18% Independ Oil & Gas ( 13 Indjan Motoreycle (2) 5% Indian Refining, EFE FEREEFE | S0 B il 140% 116% Atch Top & Santa F' 921% Atch Top & 8 Fe pf (5) NATIONAL BANKS. April 12, 1926. June 30, 1926. Increase. $9,050,699.83 286.03 / 3,842,188.00 16,426,454.24 8,644,018.34 3,654,585.43 12,248,507.85 4,370,440.26 , 3.133,705.79 7,188,956.36 6,612,948.02 16,147,400.96 15,890.051.79 1,886,792.17 1,8 15 0) Rigas L 3814792739 42.819,996.68 30% Tide Water Ol (1%) Second 110 556109737 5,495,713.69 90 Tide Water Oll pf (5). 2% :zu }mun-mnmz AI};(NL ::% 52% 54% Totals .........$129,202,773.99 $131,644,320.27 §2,441,546.28 ‘obaces Products (7)... 106 1034 104 : 98% Tobacco Prod CI A (7)... 113% 112 113 SAVINGS BANKS. 8 Transcontinent~i Oil. 5% 3% 5% 88% Underwood Typewr (4).. B54% B& Baw BO% 47N 48% 86% 84 84 - Decrease. $675,413.80 83,266.95 541,635.08 2 5% Sweets Co of America. 7% Symington. . 16% Symington Class A (2)... 11 Telautograph (80¢)..... % m-mmlmuu . Bank of Washington - ¥ Y Caeryo & SiL (11) h 3 1% Be L D (8).. 1" Y X FREES “ §$543,707.06 - 3.509.053.39 12,004,658.56 4,528,069.06 3,241,075.29 LTI AL+ $eFFeeds 22 Haven & Hart.. %227 2, 157,628.80 107,369.50 s ¥ . $76,008.34 767,349.17 50,690.02 .68 bnm‘;lgg PLOI% e orfolk Southern. ....... 36 128% Norfolk & West (18). 8% Norfolk & West pf (4). 41% North Am (b10% sock) 46% North Am pt (3) 91% North Am Edison p! 58% Northern Pacific (5) . 7% Norwalk Tire&Rub(| @).., 222 & S T " 136% 105 Baldwin 3 96% 71 Balti & Ohio (5). 62% Baiti & Ohio pf (4) 33 Bangor & Aroostook (3)... 18% Barnsdall Cl1 A (2). 16 Barnsdall C1 B (2). ¢ 38% Bayuk Cigar 41 53% Beech-Nut Packing ;m. :gh [t . AT% . 108% 30 = > "4,672,069.20 o §Egggzace & - et = & - FE FS e = $36,366.49 - FHET 4444411 FEES L $1,151,861.61 $1,188,328.10 454,678.29 465,106.34 337,685.56 1 482,567.84 1,985,649.80 485,734.80 1,085,469.74 477,435.91 711,648.84 1,667,161.67 610,362.18 3,789,644.92 1,408,047.04 1,295,021.25 2,993,498.99 3,517,024,97 341,725.04 4,886,900.00 1,698,528.44 2,269,083.57. 1,720,313.33 721,229.21 Anacostia. .. Bank of Brigh Central Savings e & 86% 35 Union Bag & Paper. Union Carb 485.764.08 s e pobig] 1,799.846.40 522,026.12 1,065,669.31 497,957.28 756,708.31 1,547.487.70 661,387.92 4,237,408.49 1,842,321.47 .57 1.260.706.44 3431481 21194,822.73 o 3,886,703.86 - 130,321.11 326,628.44 r 15,096.60 4,852,309.50 34,590.50 1,657,605.46 140,917.88 21267,076.50 200 1,751,267.81 651,617.59 & C. 431,805.68 434,470.05 ... $34,332,863.66 $34,670,286.95 TRUST COMPANIES. American Security.. '$30,077.601.96 §20,868,887.58 .. e Continental ........ 2,859,715.13 2,627,128.18 .. con Merchants’ . 76,649.24 $797,308.85 9,376,649. Munsey .......oooco- 72. 4,844,577.56 National Savings . .66 ‘Trust —§= - et 13 1043% Inland Steel pf (7). 20 Botany Con Milis C! 26% 20% Inspiration Copper (: 25 Briggs Manufacturg (3). 30% 14 British Empire Steel % 156% 120% Brooklyn Edison Elec(8). 148% 69% gamsae = . i e ELH Al L1+ 1+ . ..._. sreEefes 7% Internat Agricultural. 40 Internat Agri prior pf(7). 38% Int Business Machine, - 35 Broowlyn-Man Tr (4).... 65 863 T72% Brookn-Manhat T pf (6). 85% 200% 68 Brookn Union Gas (f11).. 86% 291 Brown Shoe (2). 30% 96 Brown'Shoepf (7)....... 100 108 24 Brunswick-Balke-Collen. ~23% 25% s Brunswick Ter & Ry Sec. 11% 11% 9215 Burns Brothers Cl A(10). 138% 136% 17 Burns BrothersCIB (2). - 37 36 91% Burns Bros pf (7)....... 102 1024 65 Burroughs Add Mach(3). 93 98 14% Bush Terminal.......... 8 20 Bush Terminal deb (7) 961 Bush Term Build pt (7). Copper&Zinc (50c) 93 93 117% 117% 117% 341 334 98% 96% 9Tk 161% 158% 159 59 88 &8 FE 44 3%) 97% OQutlet Company pt (7). 09% 2% Owens Bottle (14)....... 187% 102% Pacific Gas & Elec (8).... 83% 1 Pacl 38 "'68,725 E o B R R R £s £ H 05 381% Internat Comp Eng (2).. l““ l&. B1% ~ 124% (7. Yavie 1208 1210 0).. 66 8 flc O11 (3) ... . . 156 Packard Mot Co.(12.90) .. 18% Paige-Det Mot Car(1,80). B6% Pan-Am Pet & Trans (8. 56% Pan-Am Pet & T C1 B (8). 84 Pan-Am West Pet B (2).. 2y Panhandle Prod & Ref.. . 37 Panhandle Prod & Ref pf. 79% 19% Park & THfOrd, ... ie 5% Park Utah (806) ...+, «; 45% Pathe Exch, C1 A (8). 16% Penick & Ford. Penick & Ford § b § resefssPeBePfefes ¥ £ S 3 5 ¥ + 8 ¥ B8 o 0 0 R R | % 18% United Paperboard (2) 113% U S Cast I P & Fdy (10). 91 ‘P!."'lltffl). uting.. . ¥ 14440 g ggi!u & = 5 1441 - Sa 40% 49% 5615 641 55% — 2% T : -4 e » 5 ] g it 1++1 1+ Internat Paper pf (7). 18° Internat Rys of Cent 108 Internat Shoe (6):,.. 87% Internat Tel & Tel 18 Intertype Corp (11 2 13 23 £3 2 $347,423.29 =83 i & $1,108,714.38 232,501.95 "8i1.604.48 234,731.21 o 4 % 1% 3 % 1% % 1% % % % % 1% < 3 3% % % % % 2% 2% 1% % L] 1 » % 1% % gLt 2 % 1 hed 8 » % % 2% £5° H ] "$F = see sFeeFEFe "Rebsdass sFesePirven 7° aoadddaqaaaca -unn-;nu-unu 3 ¥3¥ ppegresy 13 geesiippe=s =, gegsy el eanengs i 3 11,025, 7,145, 13,795,396.33 Totals ......... $80,307,627.10 $78,683,402.48 (onal banks ....$120,202,178 o0 $131.644.390.47 Sav T sa3e2868.06 34,670, . 80,307,527.10 78,683,402.48 o s sk .000.70 $1,164,844.95 ............ ‘National Savings and Trust Co.) HOW IS BUSINESS? vommh«mwwnmm.mun 69% 18% 12% Calumet & Hecla (1 136% Canadian Pacific (10) Jee 134 Case (J 1) Thresh Mach. . 128 60 Case (J I) Thres M pf(7). 112 7% Central Leather Co.. .. 433 Cent Leather Copf. 7. ... 821 240 Central RROfNJ (112). 47% 12% Century Ribbon Mills. ... $9% 43% Cerro dePasco Copper(4). ' §8% 86% Certain-teed Products(4) 45% 48% 26 11% Chandler-Cleveland. .. 12% 124 124 | 47% 28 Chandler-Clevpf (4).... 20% 328 29 344) 9% Chesapeake & Ohlo (112). 144% 1374 142 34414 105% Ches & Ohio pf (6%).... 148 138K 143 3% Chicago & Alton ...-.. o g H “ 3 g i » “ix xFrsFe¥ sefeseFis | 1EsER e B R Thl4++441+ "B ess - §.35° 4141+ 14+ sedpee ze sexE = ¥ < & 12% Kelly-Springfield Tire 4“a 1y-Spring Tire 1at. 46% Kennecott Copper (4! % Keystone Tire & Rul 61 - Kinney (G R) Co (4). 69 93% Kinney (G R) Copf (8).. 95 26% Kresge S8 (1.20)., 56 16% Kresge Dept Stores. . .. 110% Laclede Gas'(8).... 5 << sx¥ L m3 SRS EAgN FLA T+ 1414+ 100 353358 sey3Essegyla o=y, I++++ I~|'+ T+++4++++ 2xEERefFen"3" "Fas Morris. § Phillips-Jones pf (7) 363 Phillips Petroleum (3) ... ‘Phoenix Hoslery 10% Plorce-Arrow. 48 Plerce-Arrow 94 Plerce Oil. + ssseuszenBnioons, g §3s-383 23 ; ‘ §g58208, SpagtggRaR S H Teree"wees sefareFRerBefais “ Fa & o 5 £ % mlflfl'{l) ; % "fl’l‘ Life Savers (1.60). H 1+ LTT s+ b4+ - H 53 s HEH LY P s H T4+ 4+ +44 A4 11 FeEs ok Tad se5egse 14 7 ChiMil & St P otfs of dep. 21% “12% Chi M&St P pf. ctts of dep 88 ) LR s5gse f LS 47% Chi & Northwestern (4).. 126% 101% Chi & Northwestn pt (7). 125 128 38888 Int i ~Beli Lum CIA (8, Wilesis 34 pECT: 184" Sben Loriliard ® ot e e na - = 2 80% Chi Pneumatic Tool (5).. 115 114 40% Chi Rock Isiand & Pacific. 56 82 ChiRock Isl & Pac pf (8)." 87% 92 Chi Rock 181 & Pac pt (7). 99% 45% Childs Co (32.40) . . '52% 80 Chile Copper (23) 40 Christie Brown&Co 74 28% Chrysier Motor (3)...... 98 _ Chrysler Corp pf (8) 140 CleveCinChi& St L (7). . 225 58% Ciuett-Peabody (5)...... 64 ey iageye & s¥es B sEsed SEsfEeassiteny $ EIEE EIEE 5. H Y i . F e B RS R e sEEEE Y e = & H FVE serefel aa “ss¥is s R Fris ++ T R T, S T T BY FEDERAL RESERVE DISTRICTS