Evening Star Newspaper, January 18, 1931, Page 62

FINANCIAL. STOCK MARKET DIPS - AFTER GOOD START Bear Traders Launch New = Attack as Volume Drops i on Rally. BY CLAUDE A. JAGGER, o Assoclated Press Financial Editor. NEW YORK, January 17.—The stock | ‘gnarket skidded in the last half hour | of trading today and closed around the week's lowest levels. 2 The slow rally of the previous session “eontinued during the first hour, but trading slackened so close to a stand- ‘till that professional traders itching “for action dropped heavy selling orders -in the late trading and the list closed with a weak tone, 1 to 4 points lower. Transfers for the two-hour session were "Pnly about 650,000 shares. Chemicals Under Pressure, Chemicals were again under pressure. Allied broke 4 points and Dupont and «Alr Reduction more than 2. Westing- “house Electric and Vanadium lost 2, and issues closing a point or more down -included United States Steel, American Can, Eastman, Goodyear, American Telephone, American & Foreign Power, General Electric and American Smelt- 1ng National Biscuit was a firm fea- ture, closing up a point. The market recorded numerous tem- | porary gains of a point or more during the early trading. The rails disp]nyed grnup strength, presumably reflecting rakerage house gossip to the effect thai a favorable decision on valuation is ex- ected from the Interstate Commerce ’ommission shortly. . Announcement of a price reduction by Ford Motor Co. may have been a factor in the selling, nlthoulh such a move was not unexpected, and Edsel Ford, in making the announcement, spoke optimistically of the outlook, say- 4ng that reports from dealers and branches throughout the world “lead ~us to believe automobile business will ‘ehow a steady improvement.” Steel Industry. Furthermore, advance reports of prospective operating schedulu in the Youngstown area next week indicate .further acceleration of activity in the steel industry, particularly branches serving the automotive trade. Output +n the Youngstown area is expected to start the week at 48 per cent of ca- “pacity, a gain of 4 points. The threadbare rumor of an eatly resignation of Secretary Mellon again appeared, but it was too worh to have /the bearish influence of old, ahd had CANADIAN PREMIER CARRIES OUT PLANS FOR TARIFF WALLS (Continued From First Page.) annually and exports about 200,000,000. Now, if the United States would con- sumié per capita as much wheat as Canada does the world wouldn't have any wheat problem. Canada consumes 9.9 bushels per capita annually, while the United States consumes only a little more than 5 bushels per capita. This may change. At least Canadians expect that before long tHe United States will be a wheat-importing coun- try. Canada's problem then will be much less difficult. “Our market needs to be free and |open so that it will be kept in proper relation to other wheat markets of the world,” said the Post. “If we are to ontinue to grow wheat for export we | must be prepared to sell it in the ! world’s f arket and in doing so meet the world's competition in price.” The fact that wheat is bringing 25 cents a bushel on the Chicago market more than the Winnipeg market is not hurting the Canadians, export business at all. It is helgnu it greatly, because no American wheat is going on the world market at the present time. The Canadian wheat pool has lost millions of dollars. Its elevators are still bulging with milllons of bushels still unsold, but the three Western provlnces—MnnlmM Saskatchewan and t put their credit behind the Cnnld in_wheat pool are seeing to it now that the wheat is being sold in an orderly WI{ at the top-prices in the wotld's marke The Western Canada farmers have; demanded that the Bennett government | back up the pool and give the farmer fixed price, along lines followed by the | Federal Farm Board. But Premier Ben- nett has ruled against this and it is not likely that the government will dnl more than it has already done to meet th. trouble. (Coprright, 1931, by North American News- paper Alliance,) NEW YORK BANK VOTES INITIAL $2 DIVIDEND Special Dispatch to The Star. NEW YORK, January 17.—The board of directors of the Commercial National Bank & Trust Co. of New York, which opened in January, 1929, has declared an initial quarterly dividend of $2 a share, payablz on January 15, 1931. The December 31 statement disclosed | that during the year 1930 the net earn- ings of the bank were $1202,104, after ample reserves for contingencies, taxes, interest and expenses. been denied Before the marekt developed decided heaviness. The weekly mercantile reviews said the more cheerful feeling in industry was being maintained, and sales and cold weather were making for a fair volume of retail trade. WEEKLY FINANCIAL HIGH LIGHTS _By the Accociated Press. Brokers' 1 ns.. ‘Federal Reserve system ratio. Holdings (United States) Securities w Qold reserve... + Rediscounts . Bank clearings (Final three .Car loadings week cnmng January 8 “Crude oil production (bbis.). -Stock sales (N. Y. Stock Ex.). ““Bond sales (N. Y. Stock Ex.) ~New financing. “ACall money rate. Time money rate Commercial paper ‘““Blectric output week ended i January 10 YEAR 1931 (Reported by W. B. Hibbs & Co., Hibbs Building, Washington, D. €.) “ZBABES OCCURRING ON 'ml WASHINGTON STOCK EXCHANGE FOR 1081 UP TO AND ICLUDING FRIDAY, JANUARY 16. BONDS. PUBLIC UTILITIES. Anacostia & Potomac Riv. R. R 1st Anacostia & Potomac Riv. R. R. gua Cipital Traction 1st 55 1047 Georgetown Gas Light 1st 5. 1081 Potomac Electric Power 58, 1938 . Potomac Electric Power gén. & fof. Washington Gas Light 85 1360 . Washington Gas Light 4%s, 1083 .. Washington Gas Light 6s, series A, ‘Washington Gas Light 6, series B, Washington Railway & Blectric 45, MISCELLANEOUA. Columbia Country Club b%s, PUBLIC UTILITIES. Capitai Traction Potomac Elestric Power pld. Potomac Electric Power pfd. Washington Gas ...° Washington Railway A Eiec. pfd. NATIONAL BANKS. an Nat. Bank & Trust TRUST COMPANIES. American Security & Trust Union Trust .... Washington Losn & Trum . BAVINGS BANKS, Bast Washington MISCELLANEOUA. Barber & Ross, Inc., com District National Sec. pfd. Federal-American Co. com. Pederal-Amer. Co. pfd on Monotype s Trt. & Btg com. haler Linotype ... National Mtge. & Invest. ptd. Peoples Drug Stores pfd Real Estate Mtge. & Guar. ptd The Carpel Corp HOW IS BUSINESS? Showing Current Business Activity Compared With Same Week Last Year. __{re [sa] e Tuavinnal wour [avcfserr] ocr [rov] oac [ ] resmuner ] T R, W g T This week $1,820,006 $55.708,000 (K. W. H).vvovwers1,707,233,000 . WASHINGTON STOCK EXCHANGE 1050 ... ETOCKS, value. rate. Year ago. $3,365,000 | 15.47% $479,060 2,981,052 | 442,336 | 10,551,538 week ‘1 !79 000 16.3% $658,901 19.3% $644.317 3.068,577 243,340 7,966,865 10,072/923 “omitted jn’ above.) 615,382 2,084,900 8,523,335 538,419 2,082,100 12,192,443 $70.004,000 $48,961,000 854,083,000 $294,558,000 5% 11 4-415% 115-3% 413-43,% 2%,-3% 43457 | 1,806,213,000 | 175,185 | 1,524,253,000 TO DATE 56. 1949 81 r. 63, 1049 9 i 87 86 104 103 2 . 103'; 103 o, 1063.. 108 sib 103% % 1033 1013, 1936 105 1951..... 7 88t 1005 Par Div. 34.00 6.00 5.50 260 5.00 2.00 15.00 13.00 18.00 10.00 14.00 2,680.250 | } 12,562,920 | GENERAL BUSINESS ACTIVITY for the country indicated by bank debits York City. year. Shaded areas show weeks of activity above the corresponding wes Black areas indieate declines from s: ths earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. ith the week a_year ago. LEADING BAROMETERS. Showing trend of important factors, m (ear uu- l lutru Wholesale Agricultural .fle- Movement of Retall Iru‘! ( Fallures mln Bond prices M nal market nl-nn ()llnnl ) . (Al rights reerved, Cambridge THE SUNDAY STAR, WASHINGTO WEEK ENDING JANUAEY 17, 1931. Week. ear to Oate. 156.66 ‘ll! 75 209.98 202.95 Year to Date. 28,877,128 29,567,260 as *High. Low. Close. Chge 1% 9% 10% — 1% Low Averageprice of 50 stocks. 178.50 174.60 Same period & yeas &E0..c.c.et.icaaiass rast Week. Total sales. . ssessesse B.384,685 Same verlod a year «+ 11,589,170 — 1 Low. Stock ana ‘Mlnl. 8 Abitibf Pwr & Pa 14% Adams Express (1.60).. Adams Miilis (2). 24 Addressogr Co 1.40 2% Advance Rumlly * % Ajax Rubber. 4% Alaska Juneau(40c 6 Albauny Perf W Paper.. 5% Allegheny Corp 36% Alleg Corp $30 w sos 3715 Allex Cp w $40 war(5%) 1704 Allied Chem & Dye an. 120% Allled Ch & Dye pf (7). 31% Allls-Chalmers (3). 11% Alpha Port Cement ). % Amal Leatner. . 16's Amerada Corp (2) . Am Agri Ch of Conn Am AgriculChem of Del. 17% Awm Agri Chem pf ctfs. . 45! Am Bank Note (13) 604 Am Bank Note pt (3)... 214 Am Beet Sugar. 8 Am Beet Sugar p! 30 Am Brake Shoe (2 118 Am Bra sho f (1) 6% Am Brown Bov Elec 88 Am Brown Bov El p 104% Am Can (15). 1404 Am Can pf (7) 24% Am Car & Fdy (6). Am Chain (3).. Am Chicle (13). “olortype (2.40). 156%x1 66‘& 122'6 122“ 141 Am Encaustic (1).. Am European Secur. Am & Forn Power. 73 Am&Foreign Pwr pf(6). 84 Am & Forn Pwr of (7). 6315 Am & Forn Power 2d pf. 5% Am Hawallan § S 14 Am Hide & Leather 813 Am Hide & Leat 461 Am Home Prod 241 Am Ice (3). 16 Am Internatior 14 Am La France & Fourn 7 Am La Fr & Foam pt.. 18% Am Locomotive (2). 684 Am Locomotive ot (). 29% Am Mch & Fdy 1.4 3 Am Machine & -l 181 Am Metals&Min (1), 20 Am Natural Gas v (7) 36% Am Pow & Lt (31). 90 Am Pwr & Lt pf (6). T4l Am P & Lt pf A (4) 74% Am Po & Lt ptf A sta 15 Am Rad&Std San(l). 5% Am Republics 28 Am Rolling Miil ( 521 Am Satety Razor () 5 Am Seating.. % Am Bhip & Commerce. Am Shipbuilding (5).... 74 Am Smelt & Ref (4).... 93% Am Smtg&Ref 2d pf(6). 131 Am Smelt & Ret pf (7). % Am Snuft (133) Am Solv Chem. 5% Am Solv.& Chem pf..... 2313 Am Steel Foundries (3). 110 Am Su Foundries pf (7), 36% Am Stores (12%) 39% Am Sugar Ret (5) 95 Am Sugar Ref pt 5 Am Sumatra Tobacco. 15 Am 7Tei & Cable (6) 170% Am Tel & Tel (9). 9815 Am Tobacco (5) 994 Am Tobacco B ( 120 Am Tobacco pf (8) 95 % Am Water Wks (3). U5 AmWWaE nx of (8). 5's Am Woolen. . 15% Am Woolen pf.. 1% Am Writ Paper etfs. 10% Am Writing Paper pf. 3% AmZine L&S... 26% Am Zinc & Lead pf. 25 Anacohda Copper (2%4). 19 Anaconda W &C (1). Anchor Cap (2.40) 10% Andes Copper (1) 13% Archer-Dan-Mid ( CETEFLRI Y L+ LEERE v LR i+)+4 ) (RESRE AN PO 25% Armour of Il pf (7).... 315 Arnold Constable & Co.. 4% Artloom Corporation 20% Art Met Const (1.60). 20 Assoz App Ind (4) 19 Assoc DG (2%)..s 85 Asso Lrry Gds 1st pf (6). 168 Atch Top & 8 Fe (10)... 100 Aten Top & 8 Fe pf (5). 95% Atl Coast Line (110). 33 Atl Guif & West Ind (3). 16% Atiantie Refining (12).. 42 Atias Powder (4).... 97 Atlas Powder pf 7% Atlas Stores (nl 214 Atlas Tack 60% Auburn Au 1% Austin-Nichols. 15 Austin Nichols pr & Auto Bales. . ' Autosales Corp pf 2% Aviation Corp of Del. 19% Baldwin Locome (1.16) . ¥4 Baldwin Loco pf (1) 55% Balto & Oblo (7). 704 Baltimore & Ohio 103 Bamberger pf (8%4).. 504 Bangor & Aroos (3% ) 1064 Bangor & Aroos pf (1).. 8 Barker Bros (2).. 58 Barker Bros pf (6%), 8% Barnsdall (A) (1) 23 Bayuk Clgar (3). 89 Bayuk Clgars 1st pf (7). 62 Beatrice Creamery (4).. 101% Beatrice Creamry pf (1) 46% Beech-Nut Packing (8). 214 Belding-Hemingway . 76% Belg Nat Ry pt pf(5.51) 14% Bendi 30% Best & Co (2). 47% Bethiehem Steel 112% Bethlehem Steel pf Blaw-Knox Co (1%). 4 Bloomingdale Bros. Blumenthal & Co pf (7). 15% Bohn Alum & Br (1%).. £9% Bon Ami (A) (4). 1 Booth Fisherie 60% Borden Co (k3).... 15 Borg, Warner (1) 44 Boston & Maine (4).. 124 Briggs Mfg (11.621) 15% Briggs &Stratton (2)... 1% Brockway MT......... 13 Brockway Mot Tr pf. 55% Bklyn-Man Tr (4). 83 Bhly-Man Tr of (6) 6% Bklyn & Queens Tr 98 Bklyn Union Gas 33% Brown Shoe (3).. 10 Bru 5% Brul 11% Bueyrus Erie (1) . 21 Bucyrus Brieev (3%).. 8 Budd (EG) Mfg. 6% Budd Wheel (1) 97 Bullard C 815 Bulova Watch (3). 71% Burns Bros pf (7). 18% Burr Add Mach t1%. 2114 Bush Terminal (2¥).%. 97 Bush Terminal deb (7). 108 Bush Term Bldg pf (7). 1% Butte Copper & Zine. ... % Butte & Buperior 10 Butterick Co 83% Byera (A M) 41% California Packing (4). 5 Callihan Zinz & Lead. 28% Calumet & Arizona % Calumet & Hecla. 10 Campbell WaC F 301 Canada Dry G A (3). 35% Can Pacific new (23%). 18% Cannon Mills (1.60) 7' Capital Adm lAl . 291, Capital Admin pt (A) 831 Case (J 1) Co 16 22 Caterpillar Tractor (14) 1% Cavanah Dobbs Ine 3 Celotex Co... 3 Celotex voting otfs 174 Celotex pf 18 Cent Aguirre Asso(1%). 189% Cent RRof N J(t12). 2% Century Ribbon Mills 51 Cent Rib Mills pf (T) 21 Cer de Pas Cop (2).. 2 Certain-teed Prod 6% Certain-teed Prod p 14% Checker Cab Mfg (1.80. 32% Ches & Ohio (2%). - o I+ £ FEE X225 55 e & +HILHLHL L 141 Elks b+ L+ +++ Pe+0t ! |+ e Pl t4) e D. O, JAN Chilcago Great Western. Chicago Great Wn pf. Chicago M1l & St Paul Chicago M1l & St Paul pf Chi & Northwn (4)., Chi & Northwn pf(7). Chicago P Chicago Pneu T pf (3%) Chi Rock Island & P (7). Chi Rek Isl&Pac pf(7).. Chicago Yel Cab (3) Chickasah Cotton Oil. Childs Co (2.40). Chrysler Corp (1)...... City Ice & Fuel (k3.60).. City Ice & Fuel pf (6%). City Stores. ... Ciark Equipment ( Cluett Peabody (3 Coca-Cola (6). Coca-Cola Clas: Colgate-Palm-P (2%) Colgate-Palm-P pf (8) Collins & Afkman [olonial Beacon Ol ‘ol Fuel & Iren (1) Colo Fuel & Ir pf (8 Col Gas & Elec (2).. Col Gas & Elec pf A (6) Col Gas & Elec pf B (5) phoph (A% ). n Carb (16). Comm Credit (2). Comm Credit A (3). Com Credit pf (1%). Com Credit 15t pf(634). . Comm Inv Trust (g1.60) Comm Solvents ($1).... Comwlth & Southn (60¢) Comm & Southn pf (6).. Conde Nast Pub (2). Congoleum. Congress C Conu Ry & Consol Clga Consol Ciga: Consol Cigars pf (7) Consol Film Ind (2). . Consol Gas of NY pf (8) Consol R R, Cuba pf(6). Consol Textile.......... Container Corp A(1.20). Container Corp. B...... Contl Baking. A. Contl Baking, B. . Contl Baking pf (8).. Contl Can (2%4). Contl Diamond Fibre(1). Contl Insurance (2.40).. Continental Motori Contl Ofl of Del. Contl St 1 Corn Prod (1 Corn Products pr @’ Coty. Inc.... Cream of Wit (1234). Crosley Radio. Cr Cork & Seal Crown Cork&S pf(2 Crown Zellerback . Crueible Steel (5 Crucible Steel pf (7) Cuba Cane Products. Cuba Company. Cuduhy Packing (4) Curtis Pubishing (1) Curtis Publsihg pf (7).. Curtiss Wright. . Curtiss Wright (A). Cushman's Sons pf (1) Cutler-Hammer (3%) Davison Chemical. . DeBeers Mines (al4 Dehenmam 7 Del & Hudson (9). Del Lack & Wn (6). . Denver & Rio Gde W pl. De!mll Edison (8) Devoe & Ray(1.20)) Devoe & Ray 1st pf Diamond Matc Dia Mateh pf ( Dome Mines (1). Domn Stores (1 Drug Ine (4).. Dul So Sh & Atlantic Dunhill Internatl. K Dupont de Nemours (8). du Pont de Nem pf (8) Duquesne Lt 18t pf (6). Durham Hosiery pf. Eastern Rolling Mill Eastman Kodak (18). Eastman Kodak pf (6).. Eaton Axle & Sp (1.60).. Eitington-Sehild Blee Auto-Lite ( Electric Boat Elec Pwr & L Elec Pwr&Lt pf (6). Elec Pwr & Lt pf (7). Electric Storage Bat(5). Elk Horn Coal. Elk Horn Coal pf. Emmerson-Br'ham, A. .. Endicott-Johnson (5)... Eng Public Serv (3.40).. Eng Pub Serv pf(b% 5 Equit Office Bldg (234). . Erie Rallroad...... Erle Railtoad 1st pf (4). Curcka Vacuum Cleaner Evans Auto Loading. . , Exchange Buffet (134).. Fairbanks Co. . Fairbanks Co pf. Fairbanks Mors Fash Park Asso. Fashion Park Asso pf... Fed Lt & Trac (31%2)... Fed Lt & Trac pf (6).... Fed Motor Truck (80c).. Federal Screw (1).. (1.60). Fed Water Sve A (2.40), Federated Dept Btor. Fid Phen Fire Ins (2.60) Fifth Ave Bus (64c) Firestone T & R pf(8).. First Natl Stores (2%). .Fisk Rubber. Fisk Rubber Florsheim Shoe A (3)... Florshelm pf (6).. Follansbe Bros (1) Foster Wheeler (2). Fourth Natl Invest Fox Film (A) (4)... Franklin Simon pt (1) Freeport, Tex (4)... Qabriel Co (A).. Gamewell Co (6) Gardner Motor . Gen Amer Investor: Gen Am Tank Car (34).. Gen Asphalt (3) Gen Baking pf (8). Gen Bronze Gen Cable Gen Cable A, Gen Catle pf (1) Gen Cigar (4) Gen Cigar pf Gen Electric (1. Gen Electric Spec ( Gen Foods Corp (3) Gen Gas & Elec A (e30c) Gen Gas&Elec ov pf (6). Gen Gas (A) pf (7). Gen Ital Edison (a2.62) . General Milis (3). Gen Motors Gen Motors pf (u) General Outdoor Adv Gen Outd Ad A (4). . Gen Printing Ink (214). Gen Pub Sve (b6% stk). Gen Raflway Signal (6). Gen Ry Signal pf (6) Gen Realty & Utilitie Ity & Ul pf (e6). 1 Refractories (4) 4 Gen Theatre Equlp. Glllette Safety Raz (4). Gillette Saf Raz pf (5) Gimues Br Gimbe) Bros pt (1) Glidden Company . Glidden Co pr pf (7). Gobel (Adolf). Gold Dust (334). Goodrich (B F). Goodrich (B F) of (7) Goodyr T & R (6)...« Goodyr T & R 18t pf(7). Gotham Silk Hoslery. .. Gotham Hoslery pf (7).. Gould Coupler. .. Graham-Paige Mot. Graham-Paige Mot ctf! Granby Consol (2).. Grand Silver Strs (h1) Grana Union. . 18',5 11 28% 564 T9% 104 39 A 81 3 2’;‘5 u% 50% 12% 92 114 lfll 38 10% 18% 66% 1 6 89u 1194 102% 40% 10% 5 24% 1% 6 23 1 10% 24% 19 UARY 18 Trrl +0ri+r L 1 R [ENES R [ S I S AT Vi [ R | 1 [AEIRERE T UL I [RENESNE RN (BN i FUEEE D b4+ 14+ 1 *E 31—-PART SIX Stock and dividend. Great Western Sugar. .. Great West Sug of (7).. Grisby Grunow.. . i Guantanamo Sugar. .... Guif Mobiie & Northn. Grulf States Steél. .. Hackensack pf A (1%) Hahn Dept Stofes. .. Hall (W F) Print Co (1) Hanna pf (new) (7). Harb Walk Ref ( Hartman Corp. A (2) Hartman Corp (B) Hawaiian Pineappl Hayes Body . .. Helme (GW) (t Helme Geo H pf (1). 313 Hercules Motor (1.20). Hercules Powder pf(7) Hershey Choc (6). Hoe (R) &Co..... 4 Holland Furn 304 115 Hollander A & Homest Min (+7) Houanflla Hershe: Household Finan pf (4). Houston Oil........ Houston O1l (new) Howe Sound (4). _Hndson & Man Ry (3.60) Hudson Motor (3). Hupp Moters [llinots Central (1) Indlan Motorcyele pt Indlan Refining. . Indian Refining ctf: Indus Rayon (4).. Ingersoll Rand (16). Inland Steel (4). Inspiration Copper Insuranshares,Del (40¢). nsuransh ctfs(Md) §0c. Interboro Rapid Transit [ntercontinental Rubber Interlake Iron (1). Int Agricul Chem Int Business Mch (n8) Int Carriers (250). . [ntl Cement (4). Intl Combustion ester pf (7)... Intl Hydro Elec. A (e2). Int] Match pf (4)..... Int Mercantile Ma (1)... Intl Nickel of Can (1).. Inter Nickel Can pf (7). intl Paper pf (7).. Intl Paper & Pwr A. Intl Paper & Power C. Intl Papr&Power pf (7). Intl Printing Ink Intl Printing ink Int Rys Cent Am pf(5 Int] Salt' (3). Intl Shoe (3).... Intl Stlver pt isiand Creek Coal (4)... ZJohns-Mansville (3). Kansas City Bou pt (4). Karstadt(R) (a1.03) Kayser Julius (2%). Kelly Springfield. Kelly Springfield 6% pf. Kelly Springfleld 8% pf. Kelsey Ha Wh (2).. Keivinator Corp. ... Kendall Co pf (6) Kennecott Coppe! Kinney (G R) (1). Kinney (G R) pf (8 r & Toll (1.60). Kroger Groc & Bak (1) Lambert Co (8) Liee Rubler & Tire Lehigh Port Cement (1) Lehigh Port Cm pt (1). Lehigh Valley Coal Co.. Lehigh Val Coal pf (8) Leh Valley (313). Lehman Corp (3) Lehn & Fink (3). Link Belt (2.0 Liquia c.rbo..m “). ne (3).... Loew’ lnu Prxw(6%). Loft Incorporated. .. Long-Bell Lumb Cl A Loose-Wiles Bis (2.70) 1st pf l‘h“ Loulsiana O1l R p£(6%). Louis Gas & El A (1%). Louisville & Nash (7). Ludlum Steel pf Ludium Steel pf MacAndrews&F pf(6).. MeCall Corporatn (2%) . MeCrory Stores A(2)... MeCrory Stores B (4) McCrory Stores pf (8) .. MointyrePoreMines(1). McKeesp T P (14%) .10 McKesson & Rob (1).... McKessn & R pf A(3%). McLellan Stores Mack Trucks (4). Macy & Co (nt3). Madison 8q Gar (6 Magma Copper (3 Mallison & Co. Manati Sugar. Manat! Sugar pf Man Elev moa & (a5) Manhat Shirt (1).. Maracatbo O] Expiora. . Marine Mid Cp (1.20)... Market 8t Ry. .. Market St Ry 2d pf. Market St Ry pr pf. Marlin Rockwell (1) Marmon Motor Car Marshall Fleld&Co(214) Martin Parry...... Mathieson Alkill (2).... Mathieson Alkalt pf(7). May Dept Stores (n2) Melville 8hoe (2).... Mengel Co (2).. Mexican Seaboard. ..... Miami Copper. . Michigan Steel (234) Midiana Steel (3 Midland Steel pf (8). Min Hon'w Reg (t4). Minn, MolPwr Imp. Minn. Mol Pr Im pf(8%) Minn & StLouis. MinnStP&SSM...... Mo Kan & Tex (a3)..... Mo Kan & Texas pf (1).. 4 Missouri Puolflo. ... Missour! Pacifio ptf (5 Mohawk Carpet. Monsanto Chem Montgomery Ward Morreil & Co (4.40). Mother Lode rod Motor Whe Mullins Mfg Mullins Mfg Df (7). Munsingwear (3). Murray Corp Myer (F E) & Bros (3). Nash Motors (4). at Acme (80c) atl Bell at Biscuit (2 at Biscuit pf (7) at Cash Reg A (3 Natl Tea (1) Nelsner Bros ( Nevada Con Copper (1). Newport Co Newton Steel. 4 N Y Alr Brake( N ¥ Central (8). NY Chicago & 8 FINANCIAL. —19%0— .en hD-Kclm l.'in aleh. Low. Steck aividena. 128 14! 106 187 404 9% IZ 93 2% % 201 NI T NN R o=t SRaEE- 1Y RSN . PRV I+ b0+ o o s ¥ E © & FLEER TR 1+4+1 1 LB +H+t e ) Floa b [ R o _% TRVF L+ 0+ 4+t 0 - S 1% W 22 2 227" 2Fsz - _aa £E £ 52 sFessFes 5 5 FEE EES & = » 223 —r e e £ RELFSE £PsFoesisesTas o s¥eFiexs -4 w = NN e e SESFFPEEPPETESEF $3 sFss i N!Chlcl:n&fl!l—nl(.)‘ 2 N Y Dock W N Y State Rallways pf.. 98 N ¥ Steam pf (6). i 1 108% N ¥ Steam 1st pf (7). 4% Norfolk Southern. 181% Norfolk&Western . 88 Nortdik & West pf (4).. 4% North Am Aviation 574 North Amer (b10%stk). 51 North American pf (3). 99% North Am Edison pt 18). 2874 North Ger Lioyd (3.43). 85% Northern Central (4)... 42% Northern Pacifio (5) 41% Northwestern Tel (3) Tire & Rub. k Tire & R pf. 2 Nunnally Company. Ohio Oil Co (2). u\. Oliver Farm 24 Oliver Farm 22 Oppenheir Collins (3) 484 Otls Elsvator, n (23%) 8% B4y 1184 Otls Elevator pt (6) 126% 126 914 Otis Steel. . 4w 12w 824 Owens L1l Glass (3) 87 3 40'% Pacific Gas & Elec (3).. 47T% 45% 46 Paeific Lighting (3) 524 114} Paoific Tel & Tel (7) 124 1164 Pacific Tel & Tel pf 124 T4 Pack Mot Car (80c). 30 Pan-Amer Pete (B) 34M ‘amount Publix (4).. 5 Park & Tilford 1% Park Utah.. w. Penick & Ford (1) 27% Penney (J §) (3). 90 Penney (JC) ot (8 16 Penn Dix{e Cemen 53 Penna Rallroad (4). 214 Peopl 1854 Peopl ). 5% Petroleum Corp (1%) 19% Phelps Dodge (2 50% Philadelphia Co 8% 95 Phila Co pf new (6 6'4 Phila & Reading C & 1 814 Philip Morris&Co(1). 113 Phillips Pet (2).. 16 Plerce-Arrow A (2) 1 Plerce Ofl. .. 714 Plerce Ol 30% Pirelll of Italy ( 18 Pitts Coal. 66 Pitts Coal p ‘ 13% Pitisbeh Serew (1.40). 84i4 Pltis Steel pf (7) .. 915 Pittsburgh United Corp. 86 Pittsbgh Unit Cp pf(T). . 4815 Pitts & West Va () 18% Pittston Co (T6c). 10% Poor & Co (B) (2) 14% PRAm Tob A (3%). 4 Porto Rico Tobaeco B 20 Postal T & C pf (7).. 11% Prairie Oll & Gas (1). 16% Prairie Pipe Line (1 34 Pressed Steel Car. 26 Pressed Steel Car 52% Prucwrtc mble (2.40) 1 Produce: 11w Eroducers & Refiners of 65 Public Serv, NJ (3.40).. 91% Public Se 104% Public Berv N J pt (6).. 121 Public Berv N J pf (7).. 142 Public Serv N J pt (8) 1074 Public Serv B&G pf ). 47 Pullman Corp (4). . 1% Punta Alegre B igar. ™ Pure Ol 90 Pure Ot pf (8) 36 Purity Bakerle: 11% Radio Corporation. ..., 47 Radlo Crp ofAm pt(3% ) 31% Radio Crp of Am pf B(s) 18% Radio-Kelith-Orph (A).. 58 R R Sec ill Cen etfsi4).. 16% Raybeéstos Man (2.80) 78 Reading Rwy (4). 46 Reading Rwy 2d pf (1). 22% Real Silk Hosiery(3). % Reis (R) & Co...... 14% Remington Rand (1.60). 84 Rem Rand 1st pf (7). % Reo Motor Caj Hevere Cop&Br pt (7). .. Reynolds Metals (2).... Reynolds Spring. ... Reynolds Tobacco A (3) Reynolds Tobacco B (3) Rhine West Elec (2.14).. 4 Richfield Oil. i (g p1 A (3.20). 86% Royal DuWh (a3.2165). 88% Safeway Stores (5). 19% St Joseph Lead (2) 80% St Louls & San Kran 11% Sharp & Dohme. .. 20% Shattuck (F G) (11 26 Shell Transport (a2.43 5% Shell Union Oil. . 656 Shell Union Of1 4% Shubert Theatre 11 Simmons Co 6% Simms Petroleum. 9% Sinclair ConsolOil (1)... 104 Skelly Oil. . 42 Skelly Ofl pf(6). 284 Bloss-Sheffield pf 90% Sovay Am Inv pr ww 5 10% South Porto Sug (1.40). 103 SoPorto Rico Sug pf(8). 40'% Soutnern Calif Ed (3). 314 Southern Dairies B. way bf( Sou Ry M & Onio efa(¢). 32 Spalding (AG) (2).. 108 Spalding A G 18t pf (7). 8 Sparks wnmnnon . 2% Spear & Co. % Spleer Mfg. . 4% Spiegel-May Stern 14% Standard Brands (1.20). 114 Stand Brands pf (1), 21 Stand Comm Tobacc: 53t Stnd Gas&Blee (3%) 55 Stand Gas & K1 pf (4). 92% Stand Gas& Elec pf (). 100 Stand Gas & Klec pf (7 14 Stand Invest Corp. .. 29 424 Stand Ol of Cal (h2%).. 464 98 Stand Ofl Export pf (5 14% Stand Oil of Kan (2). 43% Stand Oil of NJ(13). 19% Stand O1I N ¥ (1.60).... 19 Starrett (LS) (t21) 2% Sterling Sea A). . 5 Sterling Secur pf ( 804 Sterling Sec cv pf(3) 14% Stewart-Warner (2).. 375 Stone & Webster (4). 18% Studebaker Corp (3) 116 Studebaker Co pf (7) 1 Submarine Boat... 39 SunOil (11) 97% Sun Ofl pf (6) 30 Superheater (213 % Superior Oil 6 Superior Ste 4 Symington Class A.... 15% Telautograph (1.40). g% Tennessee Corp (1) 284% Texas Corn (3). 40% ;lul Gulf S\nlphur ). 12% Thatcher Mfg ( 35 Thatcher Mg pi 'rm Fair pt (7) a% Thompson (J Ry (37 % (Continued on Fourth Pagsd FLERNEFEI I+t (RN bire g 8 126% 12% 36 47 53 124 124 I o A A [ PHLL+ +0Ui+ bbb S 2N Ed +1 FVEREbE w4+l 000 b e ete (R ER 2% — 47 o Fugd [ FrEEF ¥ —osen FESEFEFESF fet . ¥ —— e [ FE FEEF FEFEF FREEFSIE 5L FF o FE R AN N N NN - -8 mm wu. i - R FEr L I 1025 102% + 1% W