Evening Star Newspaper, April 1, 1931, Page 14

CAL-14 wxw VEGETABLE PRICES | Recent Upward Tendency in Prices Shows Evidence of Slowing Down. After several weeks of prevalling up- ward tendency, the prices of farm prod- ucts became irregular and unsettled to- | ward the first of April, says the United States Departnient of Agriculture, Bu- Teau of Agricultural Economics, Market News Service. There were slight de- clines or setbacks in butter, cheese and eges. - The vegetable markets ‘were ir= regular, but recent sharp gains are holding fairly well despite liberal sup- plies. Cash grain is fairly steady in the unsettled general market. Feeds tend higher lately. Live stock markets are dull, but veal calves advanced sharply near the end of March. ‘Potato Market Trregular. Maine oe‘rouw prices at shipping points ldv‘lnlm ids, and the Michigan f.0.b. per 100 pounds, ai e Michigan 1.0, market reached $1.62!2. Eastern job- bing centers quoted higher price levels for Maine Green Mountains and" for New York round whites. The Chicago car-lot market was lower on Northern round whites, but stronger on all West- ern potatoes. Sweet potato markets Tegistered mm no change. Old-crop ‘cal ‘held steady ' i ‘Western New York, but was weaker in consuming centers. New York Baldwin les. vanced further at shipping mmfishl range of $1.85 to $1.90 per el and $5 per barrel. Extra hncy boxed Winesaps also advanced in the Pacific Northwest to a range of $1.50 to 31 70, but Delicious held at $1.60 to $1.85. Florida celery prices held firmly. ‘The first carloads of Texas onions are moving to market. City prices of stock were weaker. Both Western Eastern lettuce tended downward. tomato situation was firm. Straw- prices dropped rather sharply. York bean markets were weak the 1st of April. Sales were light prices somewhat unsettled. Quo- tations at Jacksonville and New Orleans mdud about unchanged. Demand ‘was reported very light in Eastern Ohio, Western Pennsylvania and Maryland and in Northern and Western West Vir- ginia. The maveman! of all varieties was slow in Virginia, although spot stocks and consignments lm gradually work- lower. Demand in Michigan was limited-to light amounts for immediate shipment in less than car Growers generally received $3.50 ' Irtegular Buiter Market. The butter-consuming territory be- tween Chicago and Eastern Pennsylva- nia has continued to draw quite heavily on Chicago for its supply and these out- lets were largely ental in keep- ing v&mlwd-mn; mllrg:s -t‘h. com- « paratively higher level n the East. ‘Production New near and a spurt uynrd \m'.fl son. Net chnntu in values were, for the part, narrow, but were gznenllyl buyers’ favor. Receipts of cattle, alv- and sheep n 11 primary markets increased. Extreme wp on weighty fed steers was ill at a { sales at p- Easter price uptu Light ho[s tended slightly lower, while others showed little change in iting Easter trade re- value. Antici) quirements, d centered rather strong 21 h‘l‘:lt: ket a to 25-cent er marl jon of the light-! crop. ‘Trade in wool on the Boston muket continued of sizable volume during the closing calendar week of March. Prices on domestic wools were within the same n.n:u as during the week previous,.but within these spreads prices strengthened somewhat on 58s, 60s and finer grades. Cash Grain Markets Steady. ‘While cash grain markets held steady during the last ‘week of March under a {lirly active demand for the lighter | offerings, futures markets weakened and new lm? wheat deliveries at Chi- decl to the lowest point-since . Corn futures reached a new m point- on the current crop. vorable prospects for Winter whm together with heavy supplies of old crop ments that new lpw\llble for the weakness in corn, oats b-.yley futures. Rye weakened while flax’ dzc‘l‘l:ed !kahu 1y, nazmnx lower Argen e markets and a slow inquiry for oil. Feed Prices Advance. ‘Wheat mill feed prices continued steadily on the upward trend, with small offerings in good demand. Con- sumer demand’ improved. - Total sales ot Northern wheat mill feeds to the Eastern markets were reported by the to be between 4,000 and 5000 tons, the heaviest in man: yun cot- per mm under -.lomewhu hn- proved demand. Linseed meal — ‘most nd GBi: ot ot .,.',‘#‘p‘a ; 48 features lgnqduled,tot, 1p31 | orat very sharply to top of $1.60 FINANCIAL. "~ NEW YORK STOCK EXCHANGE m»mummtumsmom ~Prey. 1931~ High. Low. Dividend Hate. 107% 100 N Y Steam pf (6) 10% 4% North Am Aviation.. 0% Nor Am (b10% stk). 87 North Amer pf (3).. Northern Pagifie (5). Northwest Tel (3).. Norwalk Tire & Rub. ©Ohilo Of1 (1). Omnibus Cor: Otis Elevator Otis Steel Otis Steel pr pf (7) Outlet Co (4). . Outlet Co pt (7). Owens 111 Glass (3)., Pacific Gas & El (2).. Pacific Lighting (3) Pacific Tel & Tel (7 62 53 Parmeles Pathe Excharg - Pathe % Penick & Ford (1 Penney (J C) (2.40). Penney (JC) pf A (6) Penn RR (4)...... Peop Gas Ch (8). Pere Marq pr pf (5). Petrolm Cp of Am(1) Phelps Dodge (2)... Phil Read C& ... Philip Mor & Co (1).. Phillips Petroleum. . Phoenix Hos pt (7).. Pillsbury Flour (2).. Pittsburgh Coal pf. . Pitts ¥ W & C of (7). Port R Am Tob A 3% PR Am Tob B...... Prairie Oil & Gas (2) Prairie Pipe L (3). Pressed Steel Car.. Proct & Gamb (2.40) Proc & Gamb pf (5). Prod & Refiners. Pub Sv N J (3.40) Pub Sv N J pf (5). Pub Sv N J pf (1) Pub Sv N J pf (8) Pullman Corp (4) Punta Alegre Suga 4 Pure Ofl... Pure Ol pf (8) 3 Purity Bakeries (¢). Radlo Corp. . Radio Corp B (6) Radio-Keith-Orph A. Raybestos Man 2. Reading Ry (4) Real Silk Hos(b10%) Remington-Rand. ... Reo Motor Car (40c). Republic Steel. Republic Steel pf.... Reynolds Metals (2). Reynolds Spring. ... Reynolds Tob A (3). Reynolds Tob B (3). Richfleld Oil. ... Rit Dent Mfg (2%) Rossia Insur (220).. Roy Dtch(m1.3404). Safeway Stores (5).. Safeway Strs pf (7 Schuite Retail St Seaboard Air Lin Seab Alr Line pf. Seagrave (60c) Sears Roebuck Servel Inc. Shell Un Of1 pf (5%) Shubert Theate: Stmmons Co. Sinclair Con Ofl (1) Skelly Ofl..... Skelly Oil pf (6). Snider Packing. Solv Am pr ww 5% South Port Rico Sug. South Ry (8) South Ry pf (5). Sparks Withing (1). Spencer Kellog (80c) Splegel-May-ftern. . Stand Brands (1.20). Stand Comcel Tob Stand G& B (3%). Stand G & El pf (7) Stand Invest Corp... Stand Of] Cal (h2%). Stand Ofl Exp pf (5). 1 Stand Ofl of Kan (1) 2 Stand O N J (12)... 103 Stand OfI N Y (1.60). 11 Starrett (LS) (12%) 4 Sterling Sec A.v..o. GV: Sterl Sec pf (1.20)... 44 1 2 (Continued From Page 13.) Sales— Add 00, High. THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, ,APRIL 1, 1931. . ~Prev. 1930 High. Low. Prev 1414 Stewart Low. Close. Close. 7t & Texas P Tide Wa Timken 4 Tobacco Tobacco Transue Trico Pr Unit Bis Unit Ele: s s s 8 8 8 s cccagacce Vadasco Vanadiu; Waldorf Warner Warren Western Weszing Westing Westing Wi Wrigley 2% Sou Cal Ci ln wex 'Pk I!h & Bayanis i cash or h Plus 2% in stock. ular rate. n Plus 8 Stock and Dividend Rate. ) Tex Gulf Bulvn Texas Pac Land T Thatcher M1g (1.60) The Fair (2.40)..... Third Nat Invest. Thompson Starrett. . Thomp-Star pt (3% ) ‘Tide Water As (6Uc). 4 Tide Wat Oil pf (5). Transamerica (1)... Tri-Cont Corp. . Tri-Cont Corp pf ) Ulen & Co (1.60) md-kzn- 3 . Carbide (2.60)... Un TankCar (1.60). o Unit Alreraft. .. Unit Afrcraft pf (3).. Unit Carbon. . Unit Corp pt (3) Unit Fruit (4).. Unit G & Im (1.20).. Unit G & Im pt (5).. Unit Piece D W (2).. U S Freight.... . 4 USGypsum (1.60).. U S Hoffman. . % U S Indus Alco (8) S Leather, Leather A Leath pr pf (7). Pipe & F (2).. P &F 1st (1.20).. Realty & lm n). Rubber........ Rubber 1st pf. S Smelt & Ref (1). USSm&Re!DlI%‘ Univ Leaf T pt (8).. Univ Pic 1st pf (8).. Univ Pipe & Rad. Utll P&L A (e12.15).. Warner. . W » C&oil. s AN RAM RO ERAS RO MRS ES tAs pf (6).. Roller (3) Products. .. Prod A 195¢. & W ). od (2%). Fisher (5) & ote RomalSce » cuit (2) o =3 ctric Coal InnbRokes e -4 3 SrmvstananexSnwnne g2 5 SSuen See » Sales Corp, im Corp (3 Va-Car €hem. Va-Car Chem 6 Sys (1%) Walworth Co (1). Ward Baking B..... Bros Pict... Bros (3) Union (8).. AB(2).... El&Mfg (4). 144 E&M pf (4). 408 ton Kl Instr (1). vaco Chlor (2).. Wextark Radio Strs. White Motors (1).... White Sewing Mach. Wilcox Oil & G Willys-Overland. ... Willys-Over pt (7).. Wilson & Co pf... Woolworth (2.40)... Worthingto: ump... (W) (4).. Yale & Towne (2)... Youngs Spring (3).. RIGHTS—EXPIRE. Ed..Apr20 525 2% 2% smulm-r«-vmlm 300,000 12:f 1.300,000 given in ¢ PAYmEATs phsed on (e IRist Tentary o3 s Unit of trading less, thin 100 nnn. 1 n Sorip. YPus Aable 1h stock 1Pius 8% in stoc P in s 'a1d this year—; In sock. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, Avrfl 1.—The following is a summary of important corpora news prepned by the Standard Statis- Im: New York, for the Asso- News Trend. The pllcln[ of contracts for over 00,000 tons of structural steel, involv- ing about $7,500,000 by the Pennsylva- nia Railroad, followirig closely on orders aggregating about 125,000 tons received in the steel industry for the radio city project in New York, constitutes news of deflnibely encouraging nature, and wi.u without doubt be welcomed by those interests endeavoring to maintain prices at-the recently raised level. Irregularity of demand from the autemobile indus- try and other sources, during the week past, however, has caused some reduc- tion in activity, according to the Iron Age, to about 55 per cent of capacity from 57 per cent the two previous weeks. PFreight car loadings for the week ended March 21, reported this morning, showed a gain of 7,680 cars over the preceding week, an, increase larger than ‘was expected, although still 133,443 cars under the same week of 1930. Unfavorable reports coptinue to be received from the oil industry. stocks for the week ended March 2§ showed a relatively large increase over the week .before, as did also fuel oil stocks. This, together with announce- ament of higher output received yester- day and continued price-cutting, served once more to call attention to the seri- ous situation existing in this quarter. In connection with reports of de- creasing moving picture attendance re- 'eently, it is of interest to note confirm- ing statements concerning Fox Film | 37 and Warner Brothers placing the ac- tual decreases currently at 8 per cent and 15 per cent, respectively. ‘The Companies. e s sorteliiiia- | ns suit t i fln;’: Auhnm:‘r'y allied companies to recover $11,000, alleged excess prof- its_on war-time contracts. Chicago Ranwlys test suit filed to void unification dipance permitting consolidation of any, Chicago, City Rallway Co., Chicago th ansit, Calumet & South Chicago lway and Cthers into Chicago Local Transporta- tion Co. International Tel. & Tel.—Micro ray radio system successfully rated; uses transmitting and recetving anten- nas one jnch in length, has wave leng'.h 851 as low as 18 centimeters and requires powgr of only one-half a watt. Penna. R. R.—Places contracts valued at 57500000 for structural steel with eight Thé Fair common share earnings, year ended January 31, 72 cents against $3.75. 931 theater attend- ent below year ago; 10 per cent; dis- fig neighborhood ing 1030 deficit $449,401, against net u;c.ame 815] 619; equal w“ 61 preferred share in southem Dairies 1930 class A share earnings 94 cents, against $3.35. ‘Warner Bros. Pictures 1931 box-office receipts to March 20 off less than 5 per cent; theater attendance off about 15 per cent. ‘Warren Foundry & Pipe shareholders approve reduction in State’s value of capital stock to $10 a share from $35.40, also retirement of 50,000 shares com- | mon stock. American Telephone & Telegraph— Perpetuation of corporate existence and incre: : in authorized capital by $500,- 000,000 to $2,500,000,000 ratified by stockholders. Boston & Maine Railroad--$13,943,- 000 first mortgage 4% per cent bonds, series JJ, authorized by 1. C. C, to be sold at not less than 97. Do. vtc Columbia Pictures badget for ‘coming [ Chesapea production season $10,000,000, against | o, upvlud of $6,000,000 in past season. Conselidated Pilm Industries first quarter net income estimated $550,000, against $667,000 itke 1930 period; or- ders on hand ‘March 80 flmfied m- cember 31, 1930." Butter—One-pound prints, tub, 32152337, Eggs—Hennery, ceipts, 20. Poultry, alive~—Turkeys, young, 30a32; old, 25a27; Winter chickens, Spring broilers, 38; I_c_gt_u;rp_‘bmugu,_ 34a35; hens, heavy, 23; small, 21; Leg- horns, 18a20; roosters, 16; ducks, 15; keats, . large and young, 60a65; old, 25a30. Dressed—Turkeys, young, 38a40; old, 30a32; Winter chickens, 38a40; Sprlnl broilers, 45; hens, heavy, 24a25; 23; Leghorns, 23; capons, large, 3. ducks, 24a25; moslen, 16; ke.'.l yuun¢ 70a80; old, 40a45. Meats—Beef, 13%,a15%;; ve: lamb, 18a20; pork loins, 2 luma, l smoked bwon. 21 lard, in bulk, 11; in pack- ages, 11}, Live stock—Hogs, heavy, 7.00a8.50; medium and small, 8.25a8.50; pigs, 0 28.25; loughs, 4.00a6.00; calves, 9.50; Spring lambs, 10.00a13.00. Pruits—Strawberries, 30a35; oranges, Florida, 4.00a4.50; California, 4.00a4.50; 20a21; current Te- | Incorpor Invest. i '!0!”" DIVIDENDS DECLARED NEW YORK, April 1 (#)— - Hidrs. of . record. Pe- Rate. riod. Increased. Nutley Mfg T G..5150 @ Reduced. Oliv U Pilters B.12%c Q Stock, 2% Omittes Commu 8t Cor Bi2tsc. Lumlnpn boe Mar. 27 Mar. 30 Apr. 15 Q Alumin Mfg pf. June 15 Do. pfd. Bep. 15 1 Dee. 15 Mar. 26 Ma: FaIEF 000 ER o0 Incorperated 26c Tnterae et 42 A of. 505 Natl 8t Bk (Newark).$5 Noel 8ecu’ Co pf.. .32 Noel 8¢ Bank "(Chi- SER ST 2f pnooo 000 000EO OB O OO NEW YORK BANK STOCKS NEW YORK, April 1 (#).—Over-the- counter market: BANKS. Bid. Asked. America . 85 o8 i of U 13 13a15; | SI% fresh fresh shoulders, 14; ‘smoked | Harr shoulders, 12; strip grapefruit, 2.75a3.50; pineapples, 4.508 | joe! 5.00; grapes, ‘Argentina, 20-pound boxes, 4.50; honeydews, Argentina, 2.50a2.75; pears, 4.50; apples, per bushel basket, 1.00a2.00; per box, 2.00a 15a2.00; rhubarb, Vegetables—Potatoes, 120-pound sacks, 2.60; Idaho bakers, -100-pound sacks T4 H Westcnester riite ‘& T FOREIGN EXCKANGE. hed by W. B. Hibbs & Co.) (e ‘"m“}com:{l :o\q ‘Selling thecks o Loday. about 40 foreign Oliver Farm lhulpmem "1930 deflm mnueuwu 'toa: common share mm“m & Refund- gold nugget worth $27,600 lound recently by & boy at wmmno, Australia, SRR ——— w"'%‘n& nwu.ow on the city streets, further complicat- traffic conditions, v e i z:|ON LIGHT TURNOVER Reinvestment Demand Re-|u sults in Steady Advance in Some Issues. BY F. H. RICHARDSON. +2 | Spectal Dispateh to The Sta NEW YORK, April 1.—Notwithstand- ing early liquidation in stocks and a confused and uncertain general business outlook, today’s bond market held firm- ly to price levels and in some cases, due to a large reinvestment inquiry, made progress. Bond interest payable today, as com= piled by Standard Statistics, totaled $338,280,935, compared with $178,000,000 last month, $120,000,000 in February and $232,000,000 in January. Nearly half of today's total consisted of in- terest on United States Government bonds, and presumably would return to securities of a like class. But there was some selling of active long-term Governments in favor of short-term paper and Treasury certificates, more short-term financing would be done on April 15 was another reason for the holding of funds. As a conse- quence, money Tates ‘Were easier, with 90-day time money quoted as low as 134 per cent in-the outside market, though the official rate continued at 13 to 2 per cent. The trend of the reinvestment de- mand was plainly visible in the better grade of corporate bonds. American ‘Telephone 5s, now virtually regarded as the senior security on the bond market, were strong and at new highs. The same type of buying helped American Telephone 5%s and collateral 5s, Chesa- peake & Ohio general 4'4s, Duquesne Light 41;s, Columbia Gas 5s, Pennsyl vania 4%s and New York Central 4%, ‘The last named is the recently offered issue, which is still pegged by the syn- %an l.:fln'l:l blkli for gl offerings at rge locks of this bond cl hands at 100. der Another notable feature was heavy buying of Canadian Government issues, Omne loan, the 5s of 1931, matured to- day, but provision had already been made for its refunding. Other issues such as the 41;s of 1936, 5s of 1952 and the 4s of 1960 were pushed up frac- tionally to new tops. S!mllarly bonds of the Canadian National Railways, which are guaranteed by the Canadiau government, moved higher. FINANCIAL. 'BOND PRICES FIRM | Cex_recx on BONDS sroce rxcuanca] Recelved by-Private Wire Direct to The Star Ofice UNITED STATES. (Sales are in $1.000.) High. Low. Close. Lib3%s 32-47.. 10 101 25-10124 10124 . 11022310228 10223 8, 61 103 25 103 23 103 23 u ll*lll&“ 1501 10111101 1018 US3y 1 1014 10031 1014 l“ 101 24 101 12 101 24 % 56.. 26 105 20 105 17 105 20 US4%e47-52.. 22 11126 11122 11126 l-lu, High, Low. Close. AbItibi P& P 53 '53 7 76! Am Ag Ch %8 "4} Am Chain 6s'33 030, % Am B&R 1st 58 °47 Am Sug Ref 6 Am T&T 6ss£°60 Am T&T 5%s ‘43, Am W Wks 53 ‘34 Am Wr Pap6s ‘47.. Argentine 5: Argentine 5345 '62 Argentine May "6’ Argentine 6s Ju ‘59, Argentine 6s Oc '59. Atchison gen 43 ‘95 NERaNe - S Austria 7543 B&O4s‘4s [ u MaSS @Rt AN H w558 [ - elanenaumasne Apart from this, however, there was |’ little of note in the domestic bond mar- ket. No interest was evinced in junior issues, except where special reasons existed. Consolidation Coal of Maryland 5s, which have long been selling on a basis that reflected ‘doubt as to interest pay- ments, ‘were higher on the company’s condlt’lon Teports. Transit issues were helped by the prog- ress made in transit unification in New York City. Elsewhere small declines or unchanged pflce levell were the rule. LEADING COR CORPORATIONS SHOW PROFITS DECLINE By the Associated Press. NEW YORK, ‘April 1.—Net profits of 1900 léhding corporations for 1930 aggre- ‘| gated $3,513,348,000, a decrease of 41.1 per cent from the cumulative 1929 total of $5,968,574,000, says Business Review 'of the Nau nal g’ atios Bank. 4 Commenting on the business situation, the Review notes supporting evidence of an improvement and says that, al- though there is no certainty the decline will not be resumed later, as was the case last Spring, the prolonged reces- sions that have alres “make this seem improbabls —— e Washington Stock Exchange SALES. Wash. Gas 6s B—$500 at 105%. Pot. Elec. 5%2% pfd.—10 at 110 :}g 10 at "ilO Atien s 1 0 at. 987%. Fed.-Amer. Nat. Bk. & Tr.—50 at 50, Mergenthaler Linotype—10 at 85, The CI!‘pel Corp.—10 at 22%, 10 at AFTER CALL. Capltal Traction 55—$1,000 at 80. Wash. R. & E. ptd—10 at 98%, 10 at 98%, 10 at 98%, 50 at 98%. Bid and Alked Prices. BONDS. PUBLIC UTILITY. & Tel. 4%s '3 & Tel, il tr. 88 . R. R. 8 -4 282 Amer, Tel, Am. :a==:=»§§§s=§:s§§ F BEEOEE ll 6s. series B wnhln‘wn Rwy. &.'ll;:. .. MISCELLANEOUS, Barber & Ross, I Y Chevy” Ghase Giab syte Colgmbll Colll;ll’! Wash, M Cati S Washington Cons. Title STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) Capital Traction Co. 1 110 Rvy. & Elec. ‘com (7)., 425 Wash, Rwy. & Elec. pfd-(5).. 98% NATIONAL BANK. nd (9e) Washington (i "TRUST COMPANY. Plince Geotees’ Bh. Union Trust (8s). Wish. Loan-& Trust (30) Washington Mechanics (20) FIRE INSURANCE. American (12). Corcoran (10)! Firemen's (8). National Unio: Columbia Real Est T & Ross, Inc.. com. Co: g R g T mo-Sel haem 1 Storage ¢ ntd & Co."com. " (1.3 FedAm Go. l‘a'-.mwn I(onut t&fimm o 1d. . (7) 1% Tnv. Bfd, ( .h»llfl u Interborough Rapid | gy, G‘n Nll Bl De Can Nor 73 deb '4 Can Pac deb ady ukeu Pplace | Chi 43, Chile con ab 6847, ristiana 65 °6 CCC&St L 435 Clev & Pitt 4345 17, g.v Term 65873, l:..-.& aoen - - TR PN - oo Cuba R R 63’52, Cuba RR rf 7% Cuba Ne¢ won D&RGr4%s'16. . D&RG W bs '56. DRG& W st6s'78 Det Ed G&R4%8'61 Det Unit 4348 '32. Dutch East 1 65°47 East C Sug 7%s°'37. | Eri AERRAON- HARAAHRABRO NHENN NG o anSaa neersHe ame Germam7s rep "l. Ger Gen.E1 7 GrandTr sf db Grand Trunk7s "40. Grt Nor 435 17 B.. Humble O11 58"37. . Hum O&R 5348 62.. Hungary 7%8 4.« . High. Low. Close. 3 92 1% I" 'uw 65 681% 81% 93% 88% 15 100% & 9% 961 106 225 103% Jugosl Bank 78 '57. RCP&L %857 Kan C P&L 5 K Kan CFtS&M Kan City Sou KanG&E4%s Karstadt 6s'43 Kreug & Toll 6 u-cust!.n 4 Lake Shore Lautaro NIt 5 Leh Val cv 43 2003 Lou G & EI LkNunlls 40 106% 106 821" 82 54 534% 52 MilE Ry & L 6361 M StP&SSM con 4s. M StP&SSM s gtd. MSP&SSM 5148 78, Mo Pac 5%scv 4 Mont Pow 58 *43. Mont Tr 1st 53 *41., Montevideo 65 '59. . Mor &Co 1st 4% 88% 88% xs% 61% 61% 61% 62 62 62 BS54 84% 85% 9% 94 94% '34.. 9 100%; 100% 100% 013. 39 100% 100 100 ‘en rf 41520131227 100% 100 3 100 reim682013. 24 107 107 107 106% 106% 106% 86% 86% 86% 1041 104% 104% 101% 101% 101% 106 105% 105% 115% 114% 115% 29 29 99 16 41 18 10 NH&H 33856, 80 NH&H 3 NH&H 4%s Cl- NY NH&H clt 6 e 106% 105% 105% 116% 116% 116% 43% 43% 43% 8 74 80 108% 108% 103% 106% 106% 106% 111% 111% 111% 841 83% 83% 106% 106% 106% 98% 98% 98% uzau 103% 103% N ERemSman~ - ‘97 Nor Pac 4% 2047.. Nor Pac 58 D 2047.. Nor Pacri6s "‘;u 103% 103% 103% 112% 112% 112% 104 103% 103% 106% 106% 106% 101 100% 100% 102% 102% 102% 105% 105% 105% 100 100 100 Norway 6s°62. 10215 102% 102% Oreg-Wash 43 "61 " 104% 104% 104% 101% 101% 101% 95 94l 94Y 104% 104% 104% 107 106% 107 103% 103 103 82 81% 82 96% 96% 963 wuc 101% 101% 5 96! o AREE e GrNRaRoasEeeDon w0 - 109% 109% 109% 0% T0% T0% 68% 69 103% 103% 103% 103% 108% 103% 80 78 £0 95% 92% 95% 101% 101% 101% 101% 101% 1014 5% 9% onk % 86% 56% 60% 81% 43 82% 0 84% 841 84l 100% 1008 100% 90% 90 90 9% 9% 9% 100% 100 ~ 100% 81 81 81 0% 70 0% 92 9% 9% 100% 100% 100% !thE’I%l"I . gtmlprl:fi-,f. 2'2’ StL&SK gen 6s5°31.. 5 100% 100% 100% 1g 1 2 85% 85% 85% 100% 100 100% 83% 83 83 95 84 106% 106% 106% 2 "9 95 95 96% 961, 96% 9% 96% 96% 96% 96 96% 99% 98% 99% 811 81 81% 108% 108% 108% 110% 110% 110% 114% 118% 114% 105% 105% mm 106 105% 1052 4 107% 107% 107% 1o¢ 104 104 96% 110“ 110% 110% 4% 94% 944 IRULES FOR TRADE FTHICS DUE SOON Federal Commission to An- nounce Result of Study Recently Undertaken. BY JOHN F. SINCLAIR. Speclal Dispatch to The Star. NEW YORK, April 1.—Just about the time Attorney General Mitchell an- Institute the Federal would have ready for publication its rules of ethics applying to the various trade practice groups. In the luggage industry the commis- sion has laid down 10 rules defining un fair trade practices for that industry. It is expected that rules applying to various other industries will soon be announced and will follow rather closely those laid down for the luggage indus- try. In the luggage industry the commis- sion condemns allowances for rebates, in prices between different purchasers of commodities “where the effect of such discrimination may be to sub- stantially lessen competition or tend to create a monopoly in any line of com- The selling of goods below cost the intent and effect of injuring a com- petitor is also condemned. Other matters taken up are those dealing with defamation of competi- tors, untrue advertising or any other practice that results in injuring & com- petitor by unfair methods. It is interesting to note that little progress has been made on the sub- Ject about. which most trade discussion centers—i. e, how far com- petitors can get together and fix prices in any line of industry. Bank Statements. A comparison of the statements for March 25 of the two t banks in the United States—the Ci National Bank and the National City Bank, both, f{ New York—makes interesting read- Dy 'X‘he Chase shows depoohl ol o nflk xane $1,883,000,000, wi tional City shows d&wllh of ll.’” 000,000—more than $500,000.000 less. The Chase shows total capital, sur- plus and undivided profits of about $360,000,000, whereas the National City has capital assets of a little over $226,000,000. The Chase National shows loans and discounts of a little over $1,397,000,000, while the National City has loans and e Eioe the’ Tash Zally commercial deposits, s 3 bu, in view of the present conditions, both statements are very = ".: com:.l“l mredh 1! dlla"fi) Bd- o o statemen! mu the board d W. Lane, chairman of :f‘:he ‘Atlantic National Bank of Jack- son: Fla. ‘Throughout the country, mpreum is that has-“ not in as liquid sections. m Lane ).nt. at N Quite in othe: Jacksonville, does not prove it. the reverse. 1hhmndnhnmummn sevemr;lotmr Mnnm in Florida, all of ;mum.vumvuummm Pe'hlnmmtheflnmflh'-m kegtb::elr b-nk‘s,.t‘;rsuchmd an times, in liquid shape Edward W. Lane has, “flufi'fi 25 years. Blow to Plane Industry. Not in years has the airplane indus- ered a more severe blow than sands of people who had planned to make Summer voyages by planes change their minds. n's of major importance to_the airplane industry. Nevertheless this is a time to remem- ber that, per capita, per travel, airplane accidents are the least in all lines of 3 forth _Ams (Copyright, 1831, by N American News- REDUCTION IN STEEL OUTPUT IS REPORTED. Specifications From Motor Industry Recede, Says Weekly Iron Age Review. By the Associated Press. NEW YORK, April 1.—A duction in steel output during eek is reported today by the automobile makers are taking ;orwummr.ed. ‘L‘i:)na every seven days, se as eports the retail trade. at 1 per cent, leaving the industry at ximately 55 per cent of caj wpr::ln)y there is no lack of mme plement production there is no incentive to cover. Utll Pow 635 4T Vert Sug 15t 7s "43.. '60. West Un T 6% s 3! Wh &L Ecvpf 49, 95% | W B O 5%8°37 ww. 98% 48% 49 28 28 1 1004 e 827 Wh Sew Mch 6s '40, Wil & Co 1st 63 '4