Evening Star Newspaper, March 26, 1931, Page 14

A—14 wx=x FIN DECISION ON BONUS QUESTION IS NEAR) Bethiehem System of Pay- ments’ to' Be Thrashed Out April 14. BY JOHN F. SINCLAIR. Bpecial Dispatch to The Star. NEW YORK, March 26.—“I read what Mr. Schwab said about the Beth- lehem Steel bonus system,” writes R. 8., “but I'm not satisfied to hear only one side of this controversy. I am & stock- holder in this company. I have waited seven years to get a dividend and in the meantime the officials haye been draw! a sum of money which, had it been 'lth the company, would have improved when they were forced to go into the open market to borrow money or ask their stockholders for additional sums.” Nfl;l’. R. 8. \;ug\n': to know the reason ur this sort of neing. 5 Protective ‘Committee for the awckholders of the Bethlehem. Steel et D Hapions and Bawn 3 el opkins m!fzvflnwn. in their letter of March 20 to the stockholders say that duflnl has been in time the bonus system bedloge the close of 1928, $31,878,000 as lgllnbb to common stockholders. No “Voluntary Disclosure.” The committee brings out the faet, too, that during the year 1930, the com- pany failed to earn its dividends. Nev- ertheless, it paid a bonus of $1,015,591 to President Grace. One charge made by this committee is that there never has been a “voluntary disclosure” of the bonus system. Recently, I asked Mr. Schwab about %hl&, and he replied substantially as fol- lows: “There are two reasons x:blmty was not lfelllhldlw?fleury ;::‘e‘ndmddowhl xlelt'u!ortg why more ‘Those are mficlfiy was not given to the bonus. Bllt. undnfllnd‘ that Mr. tance pipe lines are now being bullt to carry the gas to many Middle Western and Southern cities, such as St. Louls, Blrmlnc am, Denver, Atlants, and Chi- and this is likely to result in & mndenble decrease in the use of coal. About 80 per cent of the natural gas now produced is used in industry, but the number of domestic users is increas- ing rapidly, and the coal and fuel ofl industries may expect to find natural g‘ a formidable competitor before very ng. The War Debt. Pro{ Harold J. Laski of London ad- vises against the United States rebat- ing a dime of the war debt which Eu- ropean nations owe unless the various | nations glve satisfactory pledges of dis- srmamen ‘This nmmx professor sees plenty of ahead. countres. “In the relatonship of Italy to Jugo- slavia there’s plznty of combustible ma- “Italy’s inter- confla- ht, 1931, by North American News- (Coprriaht, 1 ver Alliance) DECLINE IN RAILROAD INCOMES 1S REVEALED Bpecisl Dispatch to The Star. 4 o Skitis i 58 [E ANCIAL. THE EVENING STAR, WASHINGTON, D. C, INVESTMENT BOND NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. (Contitnued Fron From Page 13.) dond Rate. ada o6, 00, High. 28% Divi 21 Midland Steef (3).... 84 Midland Steel pf (8). 8 MStP&SSM Mo Kan & Tex: Missouri Pacific. .. Missour! Pac pf (5).. Montgomery Ward. . Morrell & Co_(4.40) Mother Lode. Motor Meter G 2 4 18 59 1 Mullins Mfg Murray Corp. Myer (FE) & Nash Motors (4) Dist Prod (2) Lead (5).... Nat Lead pf A (7) Nat Supply (5). Nat Supply pf (7) Nat Surety (6)... Nevada Copper (1).. North Am Aviation.. 143 Nor Am (b10% stk). 9 North Am Ed pf 2 No Ger Lloyd(a3.43). Northern Pacifie (6). Ohto Ol (1).. .. Oliver Farm Eq new. Omnibus Corp...... Otis Elevator (2%). Otis Steel........ Otis Steel pr pt (7). Pacific Gas & El (3) .. Park & Tilford. Parmelee Transport. ‘Penney (J C) (2.40). Penney (JC) pf A (6) Penn Dixfe Cement. . Penn Dixie Cmt pf. Penn RR (4)... Peop Drug Strs (1).. Peop GasCh (8).... Pere Marq pr pt (5). Pet Milk (1%)...... 6% Petrolm Cp of Am(1) Phelps Dodge (2)... Phil Read C& 1. Philip Mor & Co (1) Phillips Petroleum. . Plerce Ol pf........ Plerce Petrolm (10c) Pillsbury Flour (2).. Pittsburgh Coal pf. . Pitts Stee! pf (7). Pitts United Corp. Pitts & W Va (6). Pittston Co (1%). Port R Am Tob A 3% PR Am Tob B...... Prairie Oll & Gas (2) Prairie Pips L (3)... Pressed Steel Car. Proct & Gamb (2.40) PubSv N J (3.40)... Pullman Corp (4. . Punta Alegre Sugar. 3 Purity Bakeries (4). Radio Corp... . Radio Corp pf A(3%) Radio Corp B (5). ... Radio-Kelth. A. Raybestos Man 2.60.. Reading Ry (4).. Real Silk Hos pf' ('l). Remington-Rand. ... Reo Motor Car (40¢c). Roy Dtch(m1.3404 Safeway Stores (5). St Joseph Ld (2).... 8t Louis & San Fran. 8t L-San Fran pf (6) Savage Arms (2).... Schulte Retall Strs. . Seaboard Alr Li Beagrave (60c)..... Sears Rosbuck 2% Second Nat Inv. ; Dohmy Sharp & Do pf (3%). Shattuck F G (11%). Shell Unfon Ofl..... 53% Shell Un O1) pf (5%) 4% Shubert Theaters. .. 14% Simmons Co. ... 7% Simms Petroleum. .. 10% Sinclair Con Ofl (1).. 95 Sinclair Ofl pf (8)... 8% Skelly Ofl. ... 42% Skelly Oil pf (6) —Prev. 1931~ st Low. Stand O1 Starrett Sterling Stewart Stone & Texas P 4 Te: Tide Wa Timken Timken Tobacco Tobacco Transue Trico Pry Truscon Unit Atr Unit Air Unit Bis: Unit Cig Unit Cor; Unit Ele Hoffr; Rub) Rub Smel gaacaaaces ruRULRLRRE Unit Stos Vadasco VaEl& Va lron Va Iron Warner Warren Warren Wess O1 Westing Westing Weston ‘Woolwo Wrigley Yi Youngs Ygstwn 2% Sou Cal Sales of St 10:30 AM. 1:30 P.M.... Dividend rates as 3 Unit of 4% in stock able lar rate. b b 2% in stock, k ular rate. n Plus 8% Vanadium Corp (3).. Waldort 8ys (1%).. War Bros cv pt (3. Webster Eisenlohr. Won PaELA(7)... nzPAl:l pL () Westvaco Chlor (2).. Wextark Radio Strs. White Rock MS 14%. Willys-Overland. Willys-Over pt (7). & Towne (2)... regu ble in cash or stock. P} ock ana Sales— 3 Dividend Rate. Add - High. Low. 2% Snider Packing...... l% 3 9% South Port Rico Suj 96% Sou P Ric Sug pf (8) lOl 110 45% South Cal Ed (2) Southern Dairies South Ry pf (5). Sparks Withing (1).. Stand Oll of Kan (1) 1N J (12). Stand Ofl N ¥ (1.60). (LS) (12%) SecA...... Sterl Sec pf (1.20)... Sterl Sec cv pf (3). Warner, Webster (3). Studebaker (1.20). Superheater (214). Superior Steel. Symington. Symington A. Telautograph (1.40). Texas Corp (3).. Tex Gulf Sulph (4) c&oill... as Pac Land Tr, The Falr (2.40) Third Avenue. Thompson Starrett, Tide Water As (60c). tAs pf (6).. Det Ax (80¢c) Roller (3). Product Prod A t96c. Transamerica (1). &W (1) Tri-Cont COrp....... Tri-Cont Corp pf (‘) od (2%).... Stl (1.20).. Twin City R Tr (#4). Und-Elliot-Fish (8). Un Pacific (10). % Un Pacific pf (4 Un TankCar (1.60). craft. . craft (3).. cult (2). Unit Biscuit pf (7). Unit Carbon. .. Unit Cigar Stores. . Strs pf (8) D (76¢) Unit Corp pf (3). ctric Coal. Unit Fruit (4)...... Unit G & Im (1.20). Unit G & Im pf (5).. Unit Piece D W (2).. Unit Plece Dpf 6%.. U S & For Secur..... US & For Sec pf (6). U 8 Freight.... S Gypsum (1.60). 'man. .. Indus Alco (6). Leather A. Plpe & F (2). P &F 1st (1.20).. Realty & Im (3). 3 204 7 824 24 18y 13 33% ber. ... ber 1st pf. It & Ref (1), res pt (4) Univ Leaf Tob (3). Univ Leat T pf (8). Univ Pipe & Rad..... Univ Plpe & R pf (7) 10s Utll P&L A (012.16).. 3 50 4 29% 2 1% 297 6% Pow pf (6).. 108 105% Coal & Coke. 30s 33 C&Cpf(5). 108 60 2 23% 56 14 T 41% 408 46% 2 3% o 3 26 :o: 108% Sales Corp.. Bros Pict. Bros (3). Fdy &P (2 1 & Snow (2. \V.ll.rn Dairy B. Western Uniof Westing A B (2). 2 34% El&Mfg 106 92 E&M pf (4). 708 108 Ellnstr(1).. 4 24 3 34 1 1% 2 4% 17 9% Wilson & Co pt. rth (2.40)... Worthington Pump. . Worth Pump.B (6, Wright Aeronaut (Wm) (4).. I % 2 2% 8 14% 1 25 172 Spring (!) aor Sh & Tu(4).. RIGHTS—EXPIRE. Ed..Apr20 16 2% 2% tocks on New York Exchange. 1,500,000 2:10 P.M. siven in the above table are the annual essh payments based " the latest quurterly or half yearly declarations. i less then 100 shares. tPartly extra. 3Plus 1n scrip. fPlus 9% In stock. s Paid last year Payeble in stock. d Payable when earned. lus 8% in stock. ¢ Plus 6% in stock. Plus 3% in stock. m Paid this year—no res- in stock. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, March 26.—The fol- lowing is & summary of important cor- poration news prepared by the Standard Statistics Co., Inc., New York, for the Associated Press. News Trend. Rallroads which have reported net operating income for February show comparisons with February, 1930, even than had been expected. egate income of 18 roads was bt cent below February, 1930, and and Chicago Great Northern, have re- ported an operating income above Feb- ruary of last year. indicate that progress is be- ing made in merger negotiations be- tween Canadian paper interests, and that actual a mmt between three tmpoflnnl uni be announced m day's tion news contained two items whic! ssed stock the & might well have de- |V’ noticeabl management fee and endeavor to re- cover assets and funds as may have been improperly diverted for corporate pur- Pposes of company. Waldorf Bmm efforts to acquire pson (John R.) Co. unsuccessful. Allled Products 1930 dcflclt $138,728, inst net income $801,411, equal to .35 class B share in 192! American Light & Tl’ll:tlm 1930 common share earnings $: nn.um l: .85 adjusted for (aur-lor-nne split in American Radiator & Standard Sani- tary Manufacturing 1930 common llnu earnings 60 cents, against $2. lveng number of shares oum.lndln: Athnt.k: JGul! & z::‘ :m?’; Steam- Lines January after charges EDD ln!nlt l\llgl\ll of $228,108. io Railroad declares facturing 1930 oommon share elrn!-nll $2.21, lllinn $3.7 Timken Roller Budn‘ 1930 common share ummn $3.12, against $5.88. United Alrcratt & Transport 1930 common share based on aver- weré $1.28, against $5.42, same basis, 98" Smelting, Refining & Minin . 8. el 1 g 1930 common share earnings $3.26, against $5.31, based on average number of !?h‘r“ ouuhndhu in both years. ended March 23 averaged about 55% per cent of enp.clty 55 per cent preceding week, 80 per cent like 1930 week and 97 per cent 1929 week. Yale & Towne Manufacturing 1930 deficit $206,931, against net come lz,:lp&,g'u, equal to $5.31 common share, 0135 T common dividend; paid s March $1.75 quarterly Bliss (E. W) Co. nw first prvtmed rnings $2.85, against $69.89. Chicago Great wmm nuxmm ruary net operating income up 175 per cent; two months up 40 per cent. Mines, Ltd., 1930 common share earnings 1 cent, against 7 cents. Federated Capital stockholders ap- prove change of par value of common shares from $5 to no-par and increase in authorized common shares from 400,000 to 800,000. General Mphllb—flelrln. on appeal SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Bultimore & Batavian Pet Anmmlmwhmum:ammum company’s claim for royalty rights in , Venezuela, concession adjourned. Department Stores—Block of at 9%, bl 74,115 common shares sold at auction | iprernat. Meges International Great Northern Rail- | Phillips Pef income $721 Co. M Utah 1930 deflcfl muun! CERTIFICATES. MMJ.&W.MI an & Co.) Ohio Copper $117,005 vs. deficit $41,020 in 1929. mmon. share. sar °"""““"..‘£ earnings, age number of shares outstanding and | Co: including profit on sale of f securitles, oAy 8. Steel irgot productlnn week | Fir LIST HOLDS FIRM ... s1%:Domestic Group in Upward Trend, but Foreign Is- sues Sag. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, March 26.—Despite & total of neuly $100,000,000 in new bonds brought out today, outstandin issues were strong everywhere excep in the Foreign Depart.ment. Invest- ment men incline the view now that, while there hu been no great price improvement in bonds, their gen- eral ess in the face of the heavy ofleflnn of deglt four weeks can be itely bullish. 'Dodlyn oflermn included a South- ern Pacific issue of 4!5s priced to yleld about 4.67 per cent, and a Public Serv- ice Electric & Gas Co. 4 per cent issue priced to yleld 4.33 per cent. Both were well received and commanded small premiums in the unofficial market. Outstanding obligations of these com- es were not affected by the new ids, which was another point in the market's favor. Prime issues ?nen.uy were un- changed to ctionally better, with emphasis laid on such bonds as Ameri- can Telephone Collateral Trust S5s, Atchison General 4s. Brooklyn-Mai hattan Transit 6s, Chesapeake Ccrpor- ation s, Great Northern 7s, National Dalry 5Ys, New Haven 4ls, North American Co. 5s, Pennsyvania fllz: Philadelphia Co. 5s, South Raflway 4s, Standard Oil of New Jersey 5s, Utah Power & Light 5s, and Youngstown Sheet & Tube 5s. Another. significant phase of bond trading today was the active interest shown in junior bonds such as Con- solidation Coal of Maryland 5s, which, above 41, were 16 points over their low of last week. This reflected improve- ment in the coal trade and a report that June 1 interest on the bonds would be. paid. Pathe 7s. were again strong and 33 points above their 1931 low. Smaller advances were noted in Phi lips Petroleum 5%s, Richfleld Oil 6s, Shell Union Ofl 5s, Missouri-Pacific 4s and Ss, International Telephone 5s, In- ternational match 5s, Goodyear 5s, Erie 5s and American & Foreign Power 5s. Anglo-Chilean Nitrate 7s were weak, reflecting along with Lautaro Nitrate 6s and Chilean government bondl. the conflicting reports concerning the Cosach Nitrate merg ‘The weakest issues in the forei mup were the Australians. Prem new of New South Wales was reported to be arr: to pay $625,000 interest due in New York April 1, but Prime ter Scullin of Australia announced that Lang did not intend to meet any. of the interest due simultaneously in London. This caused drops of 1 to 3 points in Australian 4l2s and 5s, New South Wales 5s, Queenland 6s and 7s and Sydney 5%s. Germans were -also weak, chiefly on renewed weakness in the reichsmark. Young Plan 5ls dropped a point, Central Bank issues were off n'lcuomxly and German ‘municipals were heavy. South Amgrlum lud a dull tone, e Washington Stock Exchauge SALES. Capital Traction Co.—10 at 35%, 10 at 35%, 30 at 35%, 30 at 3515, 20 at , 50 at 35, 6 at 35%, 3 at 351, 1 at 35%. Potomac Electric 6% pfd.—5 at 1127, ‘Washington Rwy. & Elec. pfd. Columbia Sand & Gravel pfd.—10 af 10 at 9315, 5 at 937, 1 at 92',5. AFTER CALL. ‘Washington cm "5s—$500 at 105'/.. Washington Gas 6s “A”"—8$1,000 at Riggs National Bank—5 at 435. Bid and Asked Prices. BONDS. PUBLICG UTILITY. Amer_Tel. & Telga 4%s _'39. Tel ‘& Tel etl. tr. s ‘Anacostia & PoL ROR.'ge. Aus & t. guar. S B Ter. 5t Va. 85 cnnm Traction & Suburban $S5en.a8e EEOFF as Gs, series Wash. un 6s, series Wash, Rwy. & Elec. 4 328 88 Busmar i 5533338 TRUST COMPANY, Amer. Securlty & Trupt Co. (18) 340 Au i ot 888388 Union Wash. peey SAVINGS BANKS, Bank of Bethesds (6§) mmerce & Savings ( 3w 8 su.nxn Sirect 12y e, 30) Washington Mec rm.l INSURANCE. American (12) - %0 mn?fll' Unio TITLE IN Colymbia (6h). Beal Bstate (65) Title & Inv, Co. Md. com. uxsmumvs ® 88 § z:Eg'aas: 83, 5 & tge. o Brd. Heumthl er Lisiotype atl. Mtge. & Inv. Peoples Drug Sto . & G. B2.u0%. 5,20 R OER RS 1% elia% extra. “RAILROAD EARNINGS. m YORK, March 26 (#).—Rail- today their February nfi- ting income, with comparisons ‘with last year, included: Southern wnuenu. Lake Erie. th & W. Va. Mobire Ohlo. . Alabama Gl South. . Minn. & e *Deficit. 6,024 60.201 21 'ITI 5,420 ‘E TR iEE i Ay THURSDAY, MARCH 26, 1931. = == BONDS o] FINANCIAL, Received by Private Wire Direct to The Star Ofice mw.-n-u UNITED .TIAL::‘)‘ =" ien © Low. Close. 7 10126 101 28 10128 3 102 26 102 26 102 26 Li h‘% l 38 199 103 24 108 22 103 22 10 10111.10111 10111 61 10114 101.10 101 10 18 101 26 101 18 101 20 2 107 24 107 24 107 24 Allegheny §: Allis-Chalm 6: '11.. Atch Ariz 435 °62.. At & Bir 4833, At C Lol 48’52, AtCL4%s'64. At Gulf 6s°59. .. At Ref deb bs Australia 4% Australia Australia §s ‘57 Austria 7s°43 Batay Pet 4%s . Belgium 6 "55..... Belgium 6% "4 Belgium 78 '65. Beigium 7s '56. Bell Tel Pa 68 B Beth Steel pm b; Beth St rf bs 42, 111126 11126 11126 n-lu. - d u- Close. 7‘ !’I% !6 8714 80% y 7 % lhly Puh !v 1862, 3 | MSP&SSM 515878 - 8 86 % 27 101% 101% 101% BKlyn Un53°45.... Bklyn Un EI 58 '50. Buff Gen El 4% 881 BR& Pitt 4338’57, Bush T Bldg bs '60.. Clnldl 58°31.. a 2 4 24 .00 102 Car Clin & O 6s '62.. Cent Pac 58 '60. Chile ‘ll ’02. Chile Cop db 5s ! C U Ter 4%s 2020.. CCC&St L 4%s E'i * | Clev & Pitt 43877, Clev Term 5%s '72., Colomb 6s Jan ‘61 3 109% 1087% -109% 88% 88Y% 103% 103% 87% 8TH 102% 103 100%, 100% 108 108 100% 100% 100% 100% 100% 100% 102% 104 106% 106% 106% 106% 06% 106% 106% Colo & Sou 4%s i. % -Col G&E 68 May Com Inves 5% 'u. 111% 111% 107% 107% 107% 107% 104% 104% 114% 114% 42% 42% 100 100% 101% 101% ; 115% 115% 90% 90% 106% 106% 83% 831 81% 81% 97 97 94% . 95 104% 104% Con Ry 4%sst’61.. 1 100% 1 0. 3! Czecho 8s '51. Del & Hud rf 4s°43. Del & Hud cv s '35, Denmark 43%s Denmark 5%s *65. Denver Gas 5351 D& RGrgn4s’38 D&RG W 68 55, Det Ed G&R4 % Dodge Br ] 6s "40, Donner St 7s°42 Duguesne 414s "67.. Duteh East I Nov. Dutch East I 6s 47, Dutch East I 6s°62. East C Sug 71837 Erte cv bs '67 Erie s '75 Finland & French Gvt 7348 "1 Gelsenk'chen 6s ‘34 Gen Cable 534847 Gen Motor: 7. Gen PSv 5%, Gen Th Eq 6: German 5%s German Bk 6: German 7s rep Goodrich cv Grt Nor 4% 77 E. Grt Nor 1st 5s. Grt Nor 5873 2 101% 2 42 5 107% 109% 109% 97 101% 101% 42 42 107% 107% 20% 20% 118% 118% 125% 126% Y 9% 86% 86% 103% 108% 95 95 Inland Stl 4% A'78 Inland St1 B'S1 o l‘% 95% 72 12 BennBaks T Int & Gr Nor 6s°62. Int& G Nad 6s'52 Int Hydro EI 6| Int M Co 6s et "41 Int Maich 6s°47 Int MM col tr 6841 Int Pap 68 A *47. Int Pap 68 '55. IntT&T l*l"l.. Iat T&T cv 4%s'39 -a.-.—ESu-o Bel Japanese 5%s Japanes Jugosl Bank Kan CFtsaM Kan City Sou Kan City Ter 4 = SoNeINNRRANG e B Haw o Kreug & Toll 6859 LacG StL6s 34 Laclede 5%s C Laclede 6348 D *60 s oy McCormack 6s ‘34, McKes & R 6%s ‘50 Manh Ry 1st 48 *90 Market St 78 Marseille 65 ‘34 Midvale St 5 Milan 6%s ‘52, MIIERy & L bs ‘Cl. Minn & St L cn b M StP&SSM 58’38 M StP&SSM 63 gid. S woa MK & T adj 58 Mo Pac gen ¢s'75.. Mo Pac 58 A "65.. Mo Pae bs F*77. e n=e=.»=u.—n~:=o~=uuua Montevideo Mer & Co 1st 4%s. Nat Dairy 5% s°48 N Y Cent db 4534 1 NYCent4%s52013. 8 NY Cen rf 4%82013 38 NYCre im 6s 2013.. N Y Cent ab 6s°35. NYC& St L 4s"37. NY C&StL 4%s°78. NYC&StL6%sA. N Y Ed 1st 6% - MAR® HmARAS 5! 7. 36% NY St Ry 4%s'62.. 13 10 NY S&W 1st 58 '37. " N ¥ Tel 438 3! Nr'relc- u. N Y T Nor St Pw 68 A *41. Nor St Pw 68 B *41. Norway 6s '63. 5 105% 10 102 101% 2 108% 108% 3 4% 4% 2 % 4% 4 100% 10034 1( Pac T&T 1st 58 °37 1'104%- Pan-Am Pe! Seghrd 109% 99! '47... 11 82 80 Queenland 7s°41... 11 92% 92 Readgn 4%s A '97., . 9 102% 102% Reading 4%sB.. Read Jer Cen 4s ‘51 . 87 90% Roy D ¢ llw'. 58 92 SLTMRAO er.. 2 1004 1004 1004 s 2 StL&SFin 94% 1 100% lofli 100% | Ter As St L 45 '53. . Sinclair O11 .“l’llA 1 %! Sine 0 Tacy A3t 102% 102% 102% 102% 1053 108 . 92 . 92 .... £ LT “% 12 1% 84% 58 9l 98 93% 85 4 IOW 101% 80% b4 961 105% 103 90 98% 100% 974 102 89% 64% 105% 105% 105% 102 108% 4% 94% 00% 104% 101% 104% 106% 81 96% 98% 105% 101% 97% 101% 106% 110% 109% 99% ’8“' ‘l:!t IRREGULAR MARKET FOR STEEL NOTER ',:2 32 Mixed Tendencies Indicated in Weekly Survey of Trade Paper. By the Associated Press. NEW YORK, March 26.—Mixed tend- jencles in prices, production and book- near, Iron Age says in its weekly re- vlnoxflumdunry “Steel mill operations are irregular, ;’rut.ed, undm noe‘lna itput ihe TaW country at large is b~ e Bterruptea iction thet P nsion oy expa; of Mmm construction work will contribute = muflfl!ybnnl trend of au ii,ui'é i gil is unchanged at us heavy melting sera) DIVIDENDS DECLAHED mvoax.unehas(fl— Initial. N Y Bk Tr Shrs...14%6 .. Feb. 15 .coeene B&ORR. Stock. ..3% Q Aer Omitted. 25 o 29754 el So Union Gas.... 1 Mar. 20 v o EE EEEE R RERREREE § B 31 4 B 8BS L B e AR P BE R R RS FEEE EEEENRIRRMRI RN BEER NN SRS ER RS e n s 882 BRE & Do. B BRI EH ;‘_ 8t § = =y & - = = 3 Tex & P 1st l IDDO Texas Pac 1 g5szs g2 Ul h'll'n wW. % | Utll Pow 535 *47.... 2gge !?p 38 553 Eiafasse #5ne 3 3 B 3126 Q June 1 Aer. 18 -