Evening Star Newspaper, February 10, 1930, Page 14

A—14 *¥% FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., MONDAY, FEBRUARY 10, 1340 fINANCIAL. STOCK PRICEINDEX || NEW YORK STOCK EXCHANGE | [BONDS IRREGULAR | (o som BONDS o s [HELP FOR FARMERS) Received by Private Wire Direct t- The Star Office. p Received by Private Wire Direct to The Star ) i 2 -1 - ev. ) No . e iy High. Low Dividend Rate. _ Add 00. High. Low. Close. Glose, El o Bien "iow ‘Close. | Nor Btates Faw bs. 4 100% 100% 1008 L Stock and Sales— Prev. | 599, 44% Ritter Dent Mfg (13) 4 B5% b55% 998 998 Pasthe Gas 8185 108 101% 1018 ieh. Dividend Rate. Add 00. High. Low. Close. Close. | 445 3714 Rossia Ine (2.20).... 3 1013 10028 1013 't Co (8)... 21 104% 102 N ¥ % 1 1 s 9, Paramount 6s 1947. 4 99% 99% H 1 Market Recovers Much of| 1% Lamber 11004 102 108 122% 111 Sateway Storences). 2w Buying Becomes Cautious 30 2 9924 s soa | FAAT Erchancete. 2 i Business Men Join Govemz 3 12w 12 Phila Co 68 67. TR . : 10413 10413 Decem 1 : ember Loss in Last o Loniet Veiley (,;,‘, H 1185 10788 8¢ I-San Fran (8) ) b ;nu:;;x:n;_“ aéx :;'/. ’ : % 19% Libbey Owens (1)... 3 Fran pf( 4 % y i i 0 3 or Ric Am Week’s Dealings. 108 94 Liggeu &3verais) 4 254 8t L Southwestarn.. 94 Credit Situation. FOREIGN For Ric Am Tob 2 2 New Methods. RS 85% Lima Locomotive 14 241% Savage Arms (2).... 281 o i 2 tine 63Ju 7 96 | Rem Rnd 6% war, L, L b Special Dispatch to The Star. e e o 412 Schulte Retall Stra.. 5 ! BY F. H. RICHARDSON. et O A £ i 616 96% 96% | BY J. C. ROYLE. s B D e W L T e L 35 Sthuite Retalive(8). 65%a 65 65 65 [Special Dispatch to The Star. 963 Sinelatr Of 1002 100% | Farmers are being sharply reclassi- strong rise of the preceding week, k8% Loft. Ino... 2 5 221 Seaboard Air Line pt 8 2 ‘and higher opening, bond trad- 2 813 80k T 101s | fled by governmental agencies, legls- breaking through the resistance level 50% Loose-Wiles ¢ 12 9% Seagrave (e1.20). ... e s s dull 870 REER T 101% 101% | lators and business men. Time was % 164 Lorillard (P) Co..... 258 2 2 1% : , Sin Pipe Line & reaction after midweek, but not enough S Tl : 914 Second Natl Inv, 2 [ e GTOUD Was (o the Fore. With 1 1081 L e | e e e oned 8| asw 38k LouGamia NI 12 2% 0% ; Wk SEIT 4 10| Saturday’s closing levels. The great- 95 odn ‘Botthwest Bell § 1041 1041 | members of Congress spoke With & 214 4 : f the carriers, where some sub- 108Y Stand OII N Y 4%s. 95% 956% 95% | farmers, like the former Senator Teco in the oups by more 32% Ludlum Steel (2)... 42% 41 21% Shell Union (140)... 1 29y 20w, | ssues o Belgium 6% Y o ; v Then ‘one-haif in s, o 55 Dot cent: | 3% 30 McAndrews&F 125, 2 : 3 Shell Un OUBE G36) 3 103 SUMUALEgRInE rere st Balsium 18 1958 9 110% Tenn ElecPowss 47. 5 106% 106% 106y | Chauncey M. Depew, who used to com: of 42 per cent in foods, 40 per cent in MacA & Forb pf (6). 90s 4 (. % SIMONE LY S 2 E TR tremely cautious buying, despite con- 116 much as his campagne. steels, 33 per cent in utilities and 30| 44 40% McCall Corp (2%).. o 43 L o 3014 | tinued low money. There was a total of ’ < - Transcontl Ofl 6% ::: 2;‘ Today there ate Sili two classes of < y ¥ 1 $45,870,000 of new offerings put out, 4% United Drug 6s 63 4 93% ' | farmers, but now they are poor farmers, 5 - !{D "!dmusm;ccem' :fofsso';{:: 351 2}' g‘lf:k:.‘;’;nT&PR(Jl: :‘:; 3 3 E 1 ¥ 9513 321?2;‘1‘.5.“;'.!‘5: 534, . 32 R ;| consisting of & more diversified list %o T34 Tdk ¢ B5% B86%| who, through improper methods of all-industrials index has recovered by| 46% 481 MckKes & Rb pf(3%). 24% So Por Rico Sug (2). 5408 25 than has been the case heretofore this 7 Eo % 100% 1007 proditction or marketing, have not made o 20% 16 MeLellan Stor % 6 117 So Port Ric S pf (8). 40s year. . 033 904 9¢ adequ profits, and good farmers, w] ldn\:’rl;;gm.t:easdlge;m?m;\:x‘;tehng?encu&s: ' 84 70 Mack Trucks (6). 2 % 6% SouthernCalEd (2). 4i 62 < | The jargest was szs,flox:,onflumorrl-s fz 5% 76 % 26 have been successful in securing satis- November 13 159% 137% Macy(RH) & Ca(n2) 5 152% 150% 3's Southern Dairfes . Essex Railroad C(!.0 o!.‘:sfl I;\Il: lon mm‘l; 5 0 factory returns. Last week one-half of the 320 stocks| 13 12 Madison Sq G (13). 13% 13 119% Southern Pacific (6). 2614 gage bonds, $10,000,000 of 5 per cen S 834 Despite the agitation over the condi- in the Pisher index rose, 19 per cent! 52% Magma Copper (5). 1 50% o 132 Southern Rwy (8)... 21 priced at 103%; to yleld 4.76 and $15,- fl 9714 tion of the farmers in 1929, figures of went down, while 31 per cent showed| 8 5 ManatiSugar.. 15¢ 6 98 Southern Ry pf (5).. % 9 000,000 of 4}; per cents priced at 9613 % 100% x 87 87 |the Department of Commerce make it no change. Electrical equipment stocks | 32% 25% Man Elec Supply. 7 3 19% Spang-Chalfant..... 3 2915 | to yleld 4.73, both ylelds being to ma- , 102% Wi 106% 105% | evident that the agriculturists got ap- ge. ‘build 39 30% Man Elev mod (d5).. 13% Sparks Withngtn(1). X «|turity. Both are due in 1955. The 0. 4 814 88Y 102 102 |proximately $85,000,000 more for their supplies, co) 46% 39% Marlin-Rockwl t43% . b 20% Spencer Kelg (1.60). 4 2 bonds are a lien on the Morris & Essex 101% 101% | crops last year than they did in 1928, pr whuemuzs and miscellaneous| 27% 20% Marmon Motor (2). . 21% Spicer Mfg.. 4 , Railroad, subject to a prior mtlmxue 109 109 | which was accounted an excellent year. Stocks were up 4 per cent: rails rose 3| ‘46% 37} Mathieson Alkili (2). 39% Spicer Mfg pf (3). 2 3y, | consisting of $35,000,000 of 3%, per [ Chile I8ANIH oo o y n 103% 103% | It is evident, however, that man: ve r cent, machinery and railroad equip- | 61% 49 May Dept Strs (n2).. 35% Splexel-May-St (3).. 4 i cents due in 2000. The money 1s to re- Colombla 6s Jan 6 - White Sew Mach 73 73 |still in the poor-farmer class. Hence e t and foods 2 per cent. Preferred 19% 16% Maytag Co (12). . 26% Stand Brands (1%). T 28% fund sums spent on electrifying the Con Pow Japan 7s " Wick-Spen ev 7s. 29 29% | Government officials, legislators and ;?:?ks Tose by less than 1 per cent, to-| 34% 29% Maytag Coof (3 33% 8 12 109% Stand Gas & El (33) 2 4 4| road and the bonds are guaranteed by Copenhagen 43 53, 91% Y Willys-Ov 638 33. . 98% 98% | business men in general are working gether with tobaccos and chemicals'and [ 33 20% Melville Shoe (2). 4 R s 6 the Lackawanna Rallroad, which oper- Win Repeat Ar 7%8 100 | sincerely and energetically to reduce 8 154 Mengel Company p y % 59 Stand O of Cal (2%4). [ 9% 591 | ates the Morris & Essex under lease. L. 101 | the auto accessories. A : - 9% Stand Ofl Exptpf(s) 16 : e i tlao $I3R00000 Eeropeas 99% | Youngstn S & T6s. 3 101 thelr number and increase the quota of 1Copf(7).... The six groups that fell last week| ,,,, Metro Gottof (LAY 3 245 + Stand ON N J (12)... 79 . tric Corporation limited 6% per cent é RAILROAD. on the dally indeX WerC: oriamenc 3| Z1% 164 Mexican Seaboard... 16 3 32 Stand ONNY (1.60). 45 32u 323 opentures. with stock option warranta. | C2echo 881952 L At&Bir4s3s, 1 85 Farmer Problem Tmportant. D O il st ot 26% Miami Copper (4)... 5 3 3 32 4 Stand Plate Glass pf The debentures are priced at par. The | Danish Munic 8s A. 110% 9 9 Business men, who are flocking here per cont. agricultural eqlper e Dy| 74% 53 Michigan Steel (234). : 33 Starrett Corp (3) ; 5 38 company is a Canadian corporation | Danish Munic 9" 109 93 | in increasing numbers, declare that stores 1 per cent and steels 28 25 Mid-Continent P (2). 25% 251 2 251 10% Sterling Sec A. 5 5 holding interests in public utilities in | Denmark 4%s.. 9 9% 9 1391 139% | never again will the fact be overlooked less than 1 per cent. 4| 1% 1 Middie States Ofl. 12 Sterling Sec pf(1.20) % | Europe and the United States. It has| Denmark 5% §5. 1001 AtlantioCL 4% 6% 96% 96% | that the problem of the faveacr iyt B L I e s 4% _ 3% Miller Rubber.. 4 86y Sterling Ses oV pI(3) substantial interests in the Adriatic % 1013 9215 | the entire business structure. Producers, i e e etions nas by this time | 110, 103 ' Mil Ei R&L pe'(6) 38 Stewart-war (h3%). } Blectric_ Co., Italian-Belgian Electric & : Toz Ba0 ey 3 o | manufacturers and retatlers must have m 19% 123 Minn Moline Pwr. tone & Webster (2). 52 4 Public Utllity Co. and the European 108 Dieisons Wit = altogether relieved the market of is| 5o 5™ NGip g sSM11 (4 " s 40% Studebaker Co (5) 5 ortss 101% money to sell to, and & unhealty fears. Sound advances a%e i} §iy 46, Mo Kan & Toxan. v 85 563 5 % Submarine Boat. Mo S e 1004 108 102102 | condition which affete 30000000 peo- order. 105% 103 Mo Kan & Tex pf(7). o 56% Sun Oll (11). % | Power & Light Co. 5 per cents, priced for which must bear hea vu“;'-ml":flr; Rising Value and Volume. LR ,‘:",,'."::35;:,‘,‘}“-;.," 2 924 90U Boias g::::::g:l. [ at 99 to yield 5.08; $2,470,000 City of i 4 101% 101% | other section of commercial and in- Value of tradings in listed industrial - ' f 4 White Plains, N. Y., 4.35 per cent bonds, | Framerican 7%8. ... 84% 85% | dustrial effort. last week somewhat above| 0 -~ 49 ~MonsantoCh (g1%) 8% Symington (A) 1 % | and $2,000,000 Middle Rio Grande Con- 91%5| Warnings have been issued against :{fk:h::: mée::e of $57,400,000 re- ’g;‘ m:;g;y:g"wm @ & 15% ;olwgcz (sn servancy District, New Mexico, 5%s. 91% | overproduction and the farmers mre - . enn Co) 00 000 was NOned b i e 1% Mother Lode (40¢).. 7 547 Tex Gulf Sul (4) 3% 6 % Rio Grande Western 5s were up 17 | German Ts..... 61 P | it Bttt e e tipued soundness of tone on the Teing 4% Motor Meter G & E. o 9% Tex PC&O (b10%). . 9% | points, Buffalo, Rochester & Pittshurgh | German Bank ‘ 3| of (8 Deiiin this move. Opjeeas market. The volume of st 20% 26% Motor Wheel (3).... 13% Texas Pac Land Tr.. 5 $%4s jumped 2% polnts in s fiurry of | German EI P 6% .. 1% S bolicy peint out It Biever Res '“Bu'i?i'é' the weeks ended January 18 - o ST : i T iR L0 7 buying and_there were advances in |Greek 6s1963.... iR e never !f‘::clf:vsfgxllh?rn;me“rm'“ i Munsingwear % 4 Y 361% Th y 3 3 3 * . o 5 h s evel. . Las 51% Nash Motors (6).... h " ‘ 80% Tide Wat Asso pf (6) 21 | Western Maryland 4s and Texas & s 0 931 93% o Ao art, cONBIULS OF highest since the week ended December | 5 . 2a51 14% Timken Det Ax 180 6 e Y Lol Italy 7s. ‘ . ;| marketing procedure. The firms al- of $209,300,000 were ; Y 1 e 180¢ 5 cific “C" 5s. The Missouri-Pacific is- s y ecedi week. \: K , 5 year. . 3 ssghooo.m o:;r :lnlleueprol érnfdlnaa by 2 3 Tobacco Products A. 1 9 Colon Oil 6s were turned over in pan, 4 83% 841 ou& of tt;elr hands. The speculators creases % $16,000,000 were| 8 Nat Bisn (p2.80). 4 Transcontinental Ofl 54 14 |large amounts and ran up over 4% ! 7 101% 101% | and the farmers all expect the Farm from $900,000 Sesroupe, Utilities 1423 Natl Biscuit pf (7). . Transue & W (1).... polints &t one. time, Josing about ke 104 104 |Board lo take some action or make shown in each of 15 GrOUE, 10,000 for 73 NatCash Reg,A(14). " Trico Prod (2%). .. TheleAtn later: “Tha:atoct oo the Gl 925 92% | Some statement which will advance Tose by $16,000,000 from $25.908000,000 45% Nat Dairy (32) 1 Twin City Rp T (4) .. " | B St Wit e hens 102% 1023 | Prices. Economists point out that, after T e ' the mext largest increases | 2 Natl Dept Store 3 201 Und-Ell-Fisher (5).. 3 convertible had s parallel movement, 100% 100% | 8ll, the laws of world supply and de- last 3 e s, "motors| 20 88 NatlDeptSt1lst (7). 108 Union Bag & Paper.. 3 13 United States Rubber 5s, Armour of Ches & O gen 4%s.. 98% 98% |mand control price and not the Farm were found in o by $4,000,- 29 Nat Distillers (2)... 1 Union Carbide (2.60). X 14 | Delaware 5%, and National Dairy Prod- | Milan 6 Ches & O %893 A. 9415 941 |Board. The tax specialists all want and rails stocks whic] “’::k Machin- 188% Natl Lead pf A (7)..100s 4 Union Ofl of Cal (32)" 4 3 ucts 54s improved. Ch & O 4%s B 1995. 94 94 |to fix up the farmers' tax problem by O Cyeiiroad cauipment and_coppers 116 Natl Lead pt B (6).. 20s Unon Pacific (10)... ‘ Australian issues were _somewhat - = 12 105% 105% 1053 | means of legislation, and the bank spe- se x-;;lrn:go&q t‘)logmeuch. Electrical 32 Natl Pwr& Lt (1) 38 Y Unlon Pacific pf (4 stronger in the foreign department and o1 77 77 | clalists want to fix up his finances the T B e Eoala svppiies, oils and 4 Natl Radiator pf. ... £ gl g 4 Union Tank Car. there were fractional advances in Jap- 65 65 |same way. u 1 Natl Rys Mex 2d pf. % Utd Al 1, 6 84% 84% | The business men who h building supplies rose by $2,000.000 102 Natl Supply (5). reraft& Tri anese descriptions, but the rest of the 9% 0216| the Tarmer their moogr® Jiope :-.fiufilgl e E 27Y% Nevada Copper (3).. Y 5 4 5 " " g the production and moving of increases below $1,000,000. 51 Newport Co A (3) 1 Han : | their high levels. Ortent dev 5% B ChIN W A%s 2037. 9614 96 96%|his crop, feel that what the agrioul Five groups showed lower values; gt Jo {2UPOTCO M (F) Y 4 h 4 - 3 e Lihomlicchgh ChI&NW conv 4% 267 100% 100% 100% | p ™00, €] that v agricul- the largest being steels, which 167 N Y Central (8). a Dye 87 - BANK CLEARINGS. i 1 104% 104% 104% | his “products. . They ate. teyine 1o a0 o the week ended Pebruary 1 .2 16 NEW YORK, February 10 (Special). | Paris-Ly-Med 1 96 96y | jioe WaYS to give them to him. Chem- average dally trading in steels at | 3 United Fruit (4)..... 3 4 * | Paris Orleans 6%s.. 100% 100% | 1SS of & score of big manufacturing the average d-n{h' tra gm ainbe ' the 1 Utd Gas & Imp(1.20) e 1. | —New York bank clearings, $547,000,~ 0 % 97 97y | SOrPorations are working out formulas $27,000,000 '“be “hli Utd Paperboard. .... 3 . 000; year ago, $637,000,000. New York oo for producing new commodities from week of December 13. 13% N Y Ont & W Unit Piece Dye W (2) 2 % | Basik: Balansss $105,000,000; year ago farm products. 1110 N¥ Btoare davors ¢4 1000 g ? BT 10| $119,000,000. New York Federal Re- Corn Sugar. 2385 Norfoikbwestniiny, "oy : D prmat, , ; serve credit balances, $102,000,000; year | Poland Corn sugar has become & factor in 16% Norfolk Southern. ... 3 U S & Forelgn Seeu 4 2 ago, $109,000, 000. the sugar markets of the world, ‘The 93% North Am(b10%stk) 29 90 U S & For Sec pf (6, — DaEer ipradticed - frof il TG S Frelght 3). TREASURY CERTIFICATES, r Lloyd(3.41). 1 84% Northern Pac (5). xn%'fl::ng)mi 4 % 4 119% \Revorted by J. & W. Seligman & Go ine West 6 Cuba R R 6i furnished by materials grown on the eath id. l.,t’l. Low. 1 21%_Lago O1l & Trans 1 224 22 22%| 4% G52% Royal Dutch (a3.20). 1152019 1016 1015 |PacTa&TEsN.... 108 108 1 1 2 3 TN] . . 1ot s BtiosephLeas (1D)e 2 4 Despite Recent Ease in % B e Toas a1t Puna s sk 93w 93n | ment Officials in Planning 95% Liggett&Myrs B(15) 87 St L Southwn pf (5). s 88 Argentine May 61 97 96 “ | Pressed Stl Car 5s. 88 88 The market rose last week above the| 64% 42l Loew's.Inc (3)...... 1 9% Seaboard Alr Line. .. 2 2 | ""NEW YORK, February 10.—After an 5 a5 a5 | 5ne Ol e s 100% 100% i 5 e Lo bocmtare oy Gar: 188 “iou o LT e L 5% 91K % | ist_presented an irregular_appearance, 1957, 12 88% 95% 95% | when there were two kinds of farmers 5 Bk Y to check the speculative rise. D T SRR e : 5814 Sec Natl Inv pf (5).. 9 9 early sirength, but dropped back to 2% 9 e 102% 102% November 13, the Pisher indexes show | 138 128 Louis& Nash (T).... 4 137} 137 1 36% Shattuck(FG)(t1%) ) . 30 |est volume of trading was in the junior | pejzium 6s. 103 Stand OIL N J 4 4 102% 102% | tremolo in their voices, and ‘“rich” '} 43% 7 The market showed evidence ‘of ex- 107% Tex Corp ov 80 1966 101% 102 | Plain that milk from his cows cost as per cent in motors. Coppers gained 14 ,1’!:*4- 14% MecIntyre Porc M(1). 17 7 297 5 5! ccord: A turity. 3 . 2 ¥ . | farms stock being oonsidered according to the | 89 824 North Pacet (5). s o | SHar aiare 45 Tioa. ... 100352 100 Rhine Wat EP 78 » ; 11035 1085 1035 | ‘458 a7e fnding wider markets. e ‘x'h&xxmfi"';vf " leaders”) shows the ; S SU;'"‘; Lo 100 13-32 1 Rio de Janeiro & 3 4 93 spread of the metank g bl g ice movement of the common in-| , 13% Oliver Farm EQuip. . Pipe & Fdry (2). Y 6T 89 " b ountry to help devel Bustria] ttocks most heavily dealt in | 0 Olive Fr Bave Meo). bl d 2 T 14 : BiLacdnan . - Dew outlets for farm products, They during the week, this list changing | 314 Olivr Fr Eq ev pt(3). Rubber. | s Bods 1 | flectare that in 10 years few farms will weekly with the shifts in trading pop- 2% Omnibus Corp. . Ri - Erle 1st cons 4 857 > unwired for electricity and that the ularity. 32 280 Otis Elevator (6). ubber 18t pf... 9 5 one | . 2 . 6% 06% 964 h S 3 2 i Sao Paulo Erle cv 68 67 29 96w 95% 96% | power thus placed within the economic The “shares outstanding” index shows 118% Otis Elev pf (6) . Bteel (1) 2 3" | Washington Stock Exchange Sao Paulo 1950..... 5 Erie & Jersey 1112 112 112 | Teach of the farmer will cut his costs what s substaniially representative $100 804 Otis Steel (234). p n SALES. g 18 514 56% 574 N e worth of stocks opld . 524 Pacific Gas&E (2).. A so% i | Washington Rwy. & Elec. 4s—$1,000 s S o Jear %—.‘.‘;%5‘%‘:’.5‘:‘,2» m‘aee?(:‘&f:smn.n: " mggg{,flyrg-"» % 90 A ’:'vf w::h‘l:nan Mkt. Cold Storage 5s— i 18 1o 1085 109% INSURANCE GAINING 3 stubs..... B 2 . 374 Tesuit of reinvesting the $100 evéry 16% Packard Motor (1) 34w 81000 at 95, 163114 1103 116 IN SOUTH AMERI week In the market favorities of 50% Pan-Am Pete B. 4 Vadsco Sales Corp. % Washington Rwy. & Elec. pfd.—12 at . 96% 9T% CA week. Bl gives 4% Panhandle P & R. % Vanadium (14) 97%, 10 at 97Y,. 1 Hocking Val 4 19 ?’?,t 1% 7% | i, ThE largest life insurance company The last column of the table -'l.w 48% Paramount-F-L (3) Van Raalte. . o Mergenthaler Linotype—10 at 108%, 10 Hud & Man aj 15 ¢ o1 o7 |in_South” America, located in ' the the rate of return on the week's 214 Park gy Vick Chemical (2%). at 108%, 4 at 109. . Y Hud & Man ref § 19 Argentine Republic, now has approxi- Jeaders at current prices. 17% Parm Trans 1% % Virginia-Car Chem.. 3 f 4« | The Carpel Corp.—25 at 24. IICent 4%s66..,. 1 98% 98% 98% | mately $70,000,000 of protection in force Ra s 2% Pathe Exchange. . iz 4 F Va El1 & Pwr pf (7).. 91 v . 2 105% 105% 105% and has arranged to cover clients of an 5 Pathe Exchange A. .. " . Vulcan Detinning... & 5 AFTER CALL. Tokio 5%81961.. Int Rapid Trans6s. 19 67% 66% 66% e company who have em- 28% Patino Mines (3.89). 7 Vulcan Detin pf (7). Potomac Electric 52% pfd.—2 at 107)2. | (1¢q Kingm 5%s 37. 1 4| Int Rap Tr b 4 661 66 |Ploves in South America. Two Ameri- 6% Peerless Motor Car. 3 3 T Capital Traction Co.—4 at 88. UntS S Copen 6537 2 99 | Int Rapid Tra: 57 57 |can industrial concerns who are thus 22‘“ ;nflck "‘_,F;f"" 1) 357 vabash pf, A (5) . ... Washington Gas 6s B—$200 at 105%2. | gpuguay 6s 1960. Int Rapid Tr 9 9% 91% ggg&zerg :gtl:mlnsztmnu service in the 3% Pennev (JC) (2%). 6 7 E ‘4 Waldort . . 4 031 103% ntinent are Ge: i il b e Bk ) R 3 _ \V:l:::e:::'("s‘&‘i‘)%), Bid and Asked Prices. DRy e Int & G Nor 108% 100% | and Armour & G T S 9 . - Vienna 6s 52... Int Rys C A 6%srct 72% Pennsylvania RR(4) 2 2 o 2 Walworth Co (3). BONDS. e 1% 95% —_————— 256% 230 People’s Gas Chi (8). 262 262 Ward Baking A. o Kan City Ft S 4 12 95% 95% 95% 150 Pere Marquette (18). 3 Ward Baking B, . PUBLIC UTILITY. Kansas City L BUSINESS VOLUME GROWS. S égt g;zlmmlx);;%)&) 2 W"‘ Baking pf (7).. Amer. Tel. & Tels: Kan City Term 4 89% 89% ' Bynrha Aurcl:‘::id Press. Low (28-'30)...... 125 X elps Dodge (3). . arner Bros Ple (4). " Tel, Alleghany Cp 65 44. 38 Lake vee 21 99% 99% 99% ational ness volume f i (Peb.'28) (Peb.’28) (M 50% Phila Co 6% Df (3).~ War Bros P pf (2.20) Am: el & el i : 2200 | Alleghany 68 49+ 38 e oS e ... U5 874 8T 87| Week in Pebruary made o) § Speculative Stocks. 11% Phila & Read C&1. . Warner-Quinlan (2). Angoana & ok ol ¢ | Allis Chalmrs 5537 28 LehiVgen 43 10 97% 97% 97| Increase as compared with the final in s | RO 70 " Phillips-Jones pt (7) Warren Bros (19). .. i Am Agri Chem T%s 1 00: 5 95 95 95 |Week of January. The extent of L F e stioner stoencl i 8% Philip Morris (1).... Warren Fy&Pipe(2). Am Beet Sugar 6531 2 10 106 106 106 | ress was illustrated today by the Fey. the big wtmm the respective fndexuMIo‘l 31% Phillips Petrm (n2). Wess Oil & Snow (2) . o Am Chain 6s 8 N 1 100% 100% 100% | eral Reserve Board's compilation f the P Teer previous, cach Index showed 71 Plerce*Arrow pf (6). West Penn El pf (6).100s g & AmChem 6%s 921 924 | 0tal of bank checks paid in pripcips] ‘week previous, showed 1 PlerceOil.... West Penn El of (7). 105 f Am Int Cor 638 ¢ MarketSt7ad0.... 2 084 business cities for the Ll about the same percentage of gain, 3 West Penn Pw pf(6) 50s - Wash., Alex. & Vi 1 Mil El Ry & L 55 51 23 100% 100% 100% f o 4 the s ‘weeks mentioned namely, 1 per cent. From week end to 34 Pillsbury Flour (2). West Penn Pw pf (1)100s 116 b e : MIEIRy &L6s61 10 98% 98 981 [ e period last year, week end, however, the third-grade, ot 45 Pirelli Co A (2.88)... th Dairy A (4) 1 4 Vs Cies s ; 103 i Minn & StL ref 4s. . 6% 15% gures are as follows: We Week Jeast seasoned group of stocks, gained 103 Pittsburgh X Wi o td. 99 99 ending Feb. 5...$15,783,22; 315 per cent, double the gain of the S ioh DA R e rs. W) 5 Wash Rwy. & Ble. 45, MStPASEM ES & 821 83 | Preceding week.. $12 e 7 ” i . 971,861,000 semi-investment type, and 1% per cent| a3y 575 Poor & Co (B) (2),. West. 20 MISCELLANEOUS. Am Tel&Teleg 55°65176 9915 99v | Same week last year. .. $20.833 0! greater than the gain of the first-grade o S DRbera e estern Union (8).. 33 2 1 4 24 668,000 y AmT&Teltr 4 pri ¢ Weatngh Al B Burber & Ross Inc. lis. 3 11 864 86% e o group. % 12 P Rican Am To (B). Westinghse E&M (5) & £ R g ke 20 1050 100 0 Crude 0i i This would Indicate that the current| 103" g7 Postal Tel & C pf(7). Westhuo E&M B (55 Spe 103" O g e G . 6 100% 0 NEW e rotugion e whte) thi et con S ST Weston El Ins (1. ., 4 & 875 a7is | Wo M) Cola ‘Stotase s 3 Am Wrig Pap 68 47 51 T8k Tk 10| o production i Genruary 10—Crude primary vh i 58 rairie Pipe L (15) Westvaco Chlor (2). 3 “ vash. e 00" 8 33 99% % 99% ) O n California - servative issues enjoyed the mejor ad- % Pressed Steel Car shie it b e e Armour&Co 4%s 39 Mo PacSsF T 19 99% 99 99 | Week ending February § -veflifi"}tfi'e vances, and that the market as a whole 5% Pres & GBI 5o White Eagle O11 (2). 4 - Del 5% i | Mo Pac 65 G 78. 2 White Mot 357 ” 3 STOCKS. i t. 25 113 112 113 | 500 barrels, a_decrease Thas been taking part in the rise. Tech- 81% Public Serv, NJ 3.40, otors (2)... At1Gult 58 69 Mo Pac 5%s 49 cv! A of about 4,000 nical reaction after the middle of the 106% Pub Sve NJ pf (6) White Rock M S (t4) N : PUBLIC UTILITY. i Atlantic » Mont Trmrer 641 1 95% 95% 95% | DAITels from the preceding weel week had no sustained effect on the 121 Pub Sve NJ of (7)... White Sewing Mach. " s | Amer. T 53% 534 8 Wilcox Rich (A) 2% ion < 5 Bell Tel Pa s B, Ni 9 Bales. Hj . third grade of industrials. As yet they 107% Pub Svec E&G pf(6) ‘Wilcox Rich, B 32)‘.‘. " a - 108 Bell Tel Pa§sC 7:1/ 73% Third dj 5s... 10 455 i@; ‘”g& have not enjoyed -the recovery made 82% Pullman Corp (4).. Willys-Over (1.20). . R T Bethlehm Stl p.~ 68 3 one STl TermAToTernes. 2 52 ' 53 gg since mid-November by either first or 6 Punta Alegre Sugar. Wilson & Co pf. 1 Bl 4 i Beth Steel rf b ; 1000 106 | TOI T L&P %830 9 100% 100% 1004 second grades. In ordér, the recoverles 221 Pure Oil (1%) Woolworth (2.40). .. " : L Rwy. T A Bklyn Edison 68 % sl 560 TR e from last year's lows have been, re- 112% Pure Oil vt (8). y Worthington Pump., 3 ., Balto. & An com . Certn-Td 5%s rets. A 11 106% 106% 106% 6 88% 8815 Son :pecuvely, 45,29 and 24 per cent in the 77 Purlty Bakerl, 3 % 88 | - Wrigley Wm (4).... D . & 4 [ NH&H 45 56, 14 83 83 83W 2 108% m,y' i hree groups. i3 3% 1% 10 Below are’ shown index numbers of Y By : ? § 42y ;;’.l‘,’.',' g‘nr:;: 73 . g 4 e i ol ¢ 5 NHaH i4asi. 6 1:}:: S lg;x Ry 1101 101 mg“, ?«?&“ Yoorfk Stock %‘xcmfl{:fi:‘g&d in e a3 Young Sheet & T (5). Cclumbia 50 | Com Invest 5348 49. 88 2 105% 105% 1051 5 1011 101% 1013 Cclasses derived from Moody's ratings. ,‘,,’l Rn'g’g;‘c‘g‘g"'gg; ‘A) 11%: Zenith Radlo. ....... 4 District Con Coal Md b3 5 60 60 60 | Eie T 4 99 99 g9 ;- W Federal-American £ 00 ban Am Sugar 8| 0 17 23 22% 28 qrb ortle i | dde 33 Kayiesiostan 140, 4 RIGHTS EXPIRE [isersy -Amerieal : o9 e eather A. .o 100 eather pr pf (1) % | 318 g = Rio de Jan 8s 19 o 96% 48 | over the farm o ), 1 9 H agaccadaaqdd nunrnenanR®E B » s » 2 T L e s a EEP T P TTTSTTL L RN o 0 B Romm s & ©47 Reading 1st pf (2). 47 65 64% 64% 11 5. 2y 3 v | R 5 40 1104 104 104 47% Roading 20 pf (2), 1% Col Carbon..Mar 11 2 3 (o et eed || De . A bodsihocyss hpd g ) % Erfe RR..... Feb 28 3 National Bank of Washingion, SIVEN T1E 1IN 3 4 2 61... g s 4 RR.. 94 N " " Dodge 6s. . WisCentgn4s4s.. 2 s2 i Reis (R) & 5 ; 13% Lig & Myers.Feb —7810s 13% 131, TRUST COMPANY. Donner Steel 7 2105 105 105 78 2 5 tem Rand (50¢). : o Dugquesne 4%s 6 tL 65 gtd. 105 105 - S aaae Sales of Stocks on New York Exchange. oA R rut . o 00 Fisk Rub 8s.. 2 ‘ e sh"" i .: il P Money to Loan 10% Reo Motor Car (.80). . 2,052,900 o Pt ' Savines. : 3 Gen Mot Ac Cor 6s. Penna gen 4%8. -« 985 98% | Beqel B i ludett st dratt on 215 Repub Ir & Steel (4). 8 73 ¥ v 3 it . Union Trust 984 98Y% 0 Weol 107 RepIr&Stpf(n).. 33 110 109 Davinents based on the latest g KleSrasiie EEjial pah | Watiasion beme & cmt-es i 108k 1p5s | Joseph 1. Weiler & 126 1114 = 72 76% o stock. .’f";‘:"’l‘”‘.“‘h rip. % Bl % 'lp“&‘:'kmt 4 Tast B ':A‘;!NOS i ble O L1 _—~ Joau 108 ey S ! 5 72m % in stock. §Pavable in scrip. n ‘stock. " a Fatd Bank of Bethesda 1084 108% ” B 243 3% 3 u lus 8% in stock. i c = ‘ 9 b Cate 6% Rio Grande o8t (3 el oy m Plis 6%7% in stock. nPius 3% in stock. b Subjest (5 omtocki °m:' gaviny 9 zéu 3111; Fee s 5t Stocknolders. Councilor & Bucha i 5 107 107 nan SHORT-TERM SECURITIES, NEW SECURITIES. 4 syndicate headed by the National City | cent gold bonds, scries A" maturing | Woshinston. Mechanics'.. 1 : % 106% 106% Certifieg_Pub tants (Reported by 3. & W. Selisman & Cop E?fi and including Aldred & Co. and |January 1, 1948. Priced at 99 ang . . D by bt National 6110.6111-6213 Allis-Chalmers Co. 55 1937. .. 1007 101 | NEW YORK, February 10 (#).—New c',{; of White Platns, N. ¥ accrued interest, to yield about 5.08 86 9 °. 98 (Telephone Directory Omiasion) uminum Co. of Amer. 1952 102 1028 securities offered today include: The |, g5 ns, N. Y., $2,470,000 | per cent. Offered by the Guaranty Co. o Reading gen 4%8 A 98% 98% | Ve Sang e isi; 10 Morris & Essex Railroad Co. $25,000,000 | 30, Pep cent, gold 'bonds, maturing |of New York and Harris, Forbes & Co, | kueme! Intl Tel&Tel 55 '55. 84 84 WE NOW HAVE e ao Y. 108 ris & 0. $35.000,000 | a1y from Feraary 3. 1832t Tonk - | National Union : RioG West el 4 OW HAVE AVAIL Baltimore_& 9 construction mortgage gold bonds, due » 3 TITES TNSORANGE: Kan G & E6s 52. < | aen TMABER S AN 100% 100% ont | inclusive, and priced to’ yleld" 425 per S AT s Batavian Pet. Corp. November 1. 1955, consisting of R dicate ed |« CONSTRUCTION BOND ISSUE. |columbia Title Lackawanna Stl 5s. 884 884 1/,0, i 5% el of Gavata 58 1057 . 1 cent. Offered by a syni le. . o 000,000 4% per cent series 5 Salifornia Pet Gorp. ¥4s 133 i 100, | Gt N e Poricons; | by the International Manhattan Go BALTIMORE, February 10 (spe- | Ai0h E0e o0l com . StL 89% 90 1ST TRUST NOTES Copper Co. 38 194 2%2 30’355"030"’5 p;errcec:;tmuur‘i::“gz‘ 4‘/:‘“-12:10'?32 laD‘é‘l"mcye'm.mlt)'ri' ‘1'0&%0:.0 cial).—The State of Maryland has nkedl MISCELLANEOUS. i 3 15 4 13:-4 ‘:g” ALLAN E. WALKER & C0., INC. S Hoston 4123 1980, 50" | bonds, priced at 10315 to vield 476 per | dated February 20, 1930, and due serial- |Sealed bids on an issue of $787,000 | garver & Ross Inc. com MBS AMEE L NG ; heceb: Corp. s h cent to maturty, cffered by J. P. Mor- |1y $40,000 annualiy 1936 to 1960, and |general construction bonds bearing 41; | Sif"5.C0%5° Dana1 b . o - gan & Co. Priced to yield about 4.50 per 'cent.|per cent interest. This offering comos pe TRUSTEED the I L Vestors YIELD EuBEEaREETan it o Buildi 82828, 2335532828888 x_Mfg. prd. Offered by A. B. Leach & Co. and Decusithes aie- ropean Electric Corporation, Ltd., nf,"m‘,’o?o S e L ottes, up for award Wednesday. The State | Emerson’s Bromo, Seltaer debentures, due 1965, with common |, Middle Rio Grande Conservancy Dis- | has not undertaken any new financing | Federal-American Co. com. Stock and option warrants, priced at | tfict, State of New Mexico, $3,000,000 | since last June and considerable compe- . 100 and accrued interest to yield 6.50 | 3/3 Per cent bonds, dated August 1, |tition from out-of-town as well as local . Offered by a group headed ::a:. ';nd"%l!:‘mn :mlly Au;u:t B mkm; groups is expected in the h J 3 at par 3 Bonbright & Co., Field, Glore & Co. | 33b to 1873, Wclusive. mmm g~ ding. O] others. — — cent. Offered by a banking grou etion. 140,000 American shares, scp- | Sating of O . McNear & Go. ‘Roger BUYS OIL FIRM. vestme funds and Sold in Lots—$100.00 U, 2 | Call or Write ' 11ax 13w 5 122% 122% 122% Standard Collateral g resenting ordinary shares of capital | Caldwel Co. and others, NEW YORK, February 10 (#).—The N R 106% 106% Term AssoSLds.. 2 87% 87% 87% Shares Corporation Western Elects i stock, priced at $44 per share and | Memphis Power & Light Co. $2.500,- Missouri Kansas Pipe Line Co. has ac- Wash- Mech. Mige com 9 CTRE Y Tex Ark FS5%860 9 106 105% 105% || woodwara Butlding. Do Weeling Steel Corp, 4% e yielding about 6 per cent. Offered by | 000 first and refunding mortgage 5 per quired the Wood Oil Co. of Kentucky. woodward & Lothrop pid. w T 100 100 Tex & Pac6sC 79.. 25 100% 100% 100%