Evening Star Newspaper, June 7, 1931, Page 63

FINANCIAL. CURB SHARES SLIP ON PROFIT TAKING Market Eases Off as Traders Realize on Recent Advance. BY CLAUDE A. JAGGER, Assoctated Press Financial Editor. NEW “WORK, June 6—Curb stocks, particwarly leading ofl and utility shar-a, receded further from the high point of the week in the short session today under the adverse influence of week end profit-taking. With traders apathetic, realizing sales contributed most of the business of the dus, short session, with the total turn- over amounting to 160,000 shares. The reaction averaged less than a point, but recssions among ofl and utility shares that led the advance in mid- week were larger, ranging up to 4 points. Vacuum, which rallied earlier in the week from a year's low at 23 to 35, yielded 3!, points after earlier strength, Humble receded 2 and Gulf was off 33, on the day. Standard of Xndimn sagged 3, to close the week 3 poin above the year's bottom price. Cmc.s Service slowly receded 12 to 11. All of the ofl shares retained a portion of the week's Tise. ‘The recession in the utility group was slow, but became somewhat more active just before the close as the volume of offerings increased. Few losses ex- ceeded a point, the most notable being the 113-point drop in Electric Bond & Share, the 2-point reaction in Ameri- can Gas & Electric and losses of a point each in American Light & Trac- | tion and Tampa Electric. Trading in specialities was extr-mely quiet and confined to A few issues. Technicolor, and Great Atlantic & Pa- cific. each yielded a point. Aluminum af America, one of the spectacular fea- tures of the week, elosed at 110, off 3 net and comparing with 123, the high' for the advance. General Tire & Rub- ber dipped 8 points to a new year's Jow. and Parker Rustproof yielded 3 ints on profit taking. Investment rusts eased | lrnctlonull GRAND UNION SALES NEW YORK. June 6 (Special).— Gtore sales of Grand Union Co. for the four weeks ended May 30. 1931, were $2.653.487. as compared with $2.832.001 for the same pcriod in 1930, a decrease ©of $178,514, or 6.3 per cent. QUARTERLY DIVIDEND. Directors of Interstate Department Btores. Inc.. have declared a regular gquarterly dividend of 50 cents a share on the common stock of the company, payable June 30 to stockholders of rec- ord June 20. Decline in Stocks Of $5,936,002,806 In May Is Reported By the Associated Pr NEW YORK, June 6.—The market value of all shares listed on the New York Stock Exchange declined $5,936,002,806 in May to a tnlll of $42,533,985,679 as of June 1 Total borrowings by members of the exchange against collateral as of June 1 amounted to 3.37 per cent of the market value of all shares listed, compared with 3.40 on May 1. During May borrow- ings of” members decreased $216,- 444,474 to $1,434,683,650 at the end of the month. As of June 1 there were 1,297 stock issues aggregating 1,305~ 516,716 shares listed on' the ex- change, compared with 1,297 is- sues aggregating 1,304,765,685 shares on May 1. ‘The average market value of all listed shares was $32.58 on June 1, compared with $37.23 on May 1. MIDWEST FARMERS DECRY PRICE LEVELS IDisnmhction With Present Crop Values May Lead to Po- litical Action. Special Dispatch to The Star. KANSAS CITY, Mo, June 6.—At business and financial meetings during the past fortnight the one subject mcst digcussed has been the possible trans- Jation of economic depression in the farm country into political action. Undoubtedly there are strong under- currents of dissatisfaction among pro- ducers and these have been strength- | ened by prcpaganda to the effect that Eastern industrial interests are main- taining a higher standard of living than the farmer. ‘The movement toward reduced sal- | aries and wages seems entirely logical 7+to a considerable portion of the West. The argument is that the farm country is unable to buy because commodities are too high, compared with any pos- sible income frcm the land. If wages are reduced, the logic goes, commodities will be cheaper and the farmer can buy, thus starting the flow of trade. This doctrine is preached quite gen- erally and the attitude of' the producer grows more resentful with every lower- ing of the price range of what he has to sell. Just now he is in a state of mind that makes him vulnerable t> arguments for a Western coalition against the East, and he may continue 50 to think. Much will depend on the price level of his products after harvest has been gathered and on the possi- bility of a gradual return toward nor- mal conditions. A most interesting Summer is ahead, both in finance and in the political atmosphere developed by business and farm affairs. (Copyright, 1931.) WAS HlNGTON STOCK EXCHANGE YEAR 1931 TO DATE (Reported by W. B. Hibbs & Co., Hibbs Bullding, Washington, D. C.) OCCURRING ON THE WASHINGTON STOCK EXCHANGE FOR 1931 UP TO AND INCLUDING FRIDAY, JUNE 5. BONDS. PUBLIC UTILITIES® Anacostia & Potomac Riv. Anacostia & Potomac Riv. C. & P. Tel. of Va. 55 1943 . Capital Traction 1Ist 35 1947 . City & Suburban Ry. 1st Ss, 1948.. Georgetonn Gas Light 1st 5s, 1961 Potomac Fleciric Power cons. 5. Potomac Clectric Power gen. Wachinston Gas Light fs, 1960 Washinston Gas Light 4'25. 1933 Washington Gas Light series A 6s, Washington Gas Light series B 6s, Washington Railway & Electric 4s, MISCELLANEOUA. Columbia Country Club 5'zs, 1950 R. R. Ist PUBLIC UTILITIES. Capital Traction N. & W. Steamboal Potomac Electric Power pfd. Potomac Electric Power pfd. Washington Gas Washington Rallway & Elec. com. Washington Railway & Elect. pfd. NATIONAL BANKS. ©apital Commerctal District Ped.-Amer. Nat 56 Linecty 46 Metropolitan 288 Risss 42 Second 6 Washingion BK. & Trust . TRUST COMPANIES. American Security & Trust ..... Continental . 5 National Savings & Trust Union Trust 5 Washington Loan & Trust . SAVINGS BANKS. East Washington B Security Savings & Commercial . Seventh Stireet Savings Bank. FIRE INSURANCE. American Corcoran TITLE INSURANCE. Real Estate ... MIBCELLANEOUS. Barber & Ross, Inc. com. Columbia Medical Bldg. Corp. Columbia Sand & Gravel pfd. District National Security pfd. Emerson Bromo-Sel. “A" Federal-American Co. com.. Federal-Amer. Co. pfd. . Lanston Monotzpe Merchants' Trans. & Stg. com & Stg. prd nv. pfd Peoples Drug f.ores pfd. ..... Real Estate Mtz. & Guar. pfd Terminal Ref. & Whg. Corp. The Carpel Corp. ... Woodward & Lothrop ptd. Commercial Club 55 Natl. Press Bldg. 1st § Franklin National Bank STOCK AND BOND By the Assoc! R. R. guar. 5s, 1008 and ref. 6s Approx. Yield to Close. maturity. 6.80% Open. High. Low. 55, 1049.. 0 8 m 1949 96 95 95 5.40% : 103% 103’3 103'a 4.60% 81 5a 6.80% 81 6.907 105 3 475% 10474 410% 109'a 5.30% 106% % 100 1933 ... 103 1953 1938 s 107 1931 . 90% 208'2 113 401 200 425 25 451 290 280 150 3.3% 7.00 UNLISTED DEPARTME! AVERAGES iated Press. SATURDAY, JUNE 6. STOCKS. 50 Industrials. Today. Previous Week ago. Month ago. Year ago. Two years ago. . High, 1929.. Low, 1929. ‘Three vears ago.. High, 1931 Low, lfl!l. 20 Rails. THE SUNDAY FOR WEEK ENDING JUNE —1031.— Low. Stock and dividend. 64 Aero Underwriters..... 11% Affiliated Prod (1.60).... Agfa Ansco..... Agfa Ansco pt. Ainsworth Mfg Alr Inv Ine, vte, 4 Air Investors war. Alr Inv conv pf . Ala Pwr cum pf (7). Allled Mills, Inc(60c). Aluminum Co of Am. Alum Co Am pf (6)... Alum G'ds M (1.20). Aluminum Co, Ltd Aluminum, Ltd (B) war. Aluminum, Ltd (1) war. Aluminum.Ltd (D) war.. Am ArchCo (3)......00 Amer AustinCar....... Am Br Bo El Fd Shs.... Am Capital (B). .. Am Capi 2 Am Cigar Co 3874 Am Cit PwraLi(A)(a3). 10 Am Cit PO&Lt B(b10%). 17 Am Cmwlth P A(b10%). 297 Am Com Pr B (b10%). American Corp (15¢). Am Cyanamid (B) Am ForPwr war. Am Fork & Hoe (1%)... Am Founders Am Gas & Elec m>. Am Gas & El pf (6). % Am Investment Inc (B) s Am Meter (3) tural G: Am Paper Goods. Am Pneumatic Serv. Am Stat Pub Sve(al.60) Am Superpowr (40c) Am Superpwr 15t pf( Am Superpo pf (6) Am Thread pf (25¢). Am Am Yvette Co (2bc Amster lradlnx(flc) Anchor Post F (b10%) Anglo-Chilean Nit. Appalachian Ga Appalachian Gas wr. Arcturus Radio Tub. Ark Nat Gas. Ark Nat Gas A. Ark N G em pf (60¢).. Arkansas Pwr&Lt Dl(‘” Armstrong Cork (1).... Art Metal Works (60c).. Asso Elec Ind Ltd (30c). Asso Gas & Electric. Asso Gas & Elec A (a A0 Gas&. Assoc G & El war. Asso Gas & Elec ctfs(3). A!so Tel Util (b8%). ... Atlantic Coast Fisheries Atlantic Frult & Sug. Atlantic Lobo: Atlas Plywood (2 Atlas Utilities Corp. . Atlas Utilities(war).... Auto Vot Machine. Auto Vot'g Ma cv pr pt.. Aviation Securities. ... Axton Fish Tob A(3.20). Babcock & Wil (7) . Sania Corp.... Bellanca Aircraft. Bell T. of Pa. pf.(6%) Beneficial 1T (1%). Bickford's, Inc (1.20). Bickford In> pf (2% Bigelow-Sanford Carpet. liss Co (EW) (n1). lue Fiidge Corp. Blue Ridge conv pf (a3). Blumenthal (8). Bohack (HC) 1st pf (7). Borne-Scrymser Co. Bourjois Ine (23¢ . Brazi Trac & Lt (b5 Bridgeport Mach (25¢).. Brill Corp A (34¢).. Brill Corp B. Brillo Mfg A (2 BrAmTob cou Bruce (E L) Co Buckeye Pipe Line (4).. Buffalo, N&EP pf(1.60) 6 Buff Niag&EP 1st pf(5). 102% Bulova Wev ot (3%)... 20, Bunker Hill&Sull(3). 29% Burco. Inc. ... . Burma Ltd rcts 1 Butler Bros...... . 4 Camden Fire Ins (1) Canadian Marcnn! Carib Syndicate Carnation Co (i13%) Caro Pw & Lt pf (6) Carrier Corporation. Celanese Corp pf (7). ... Cent Hud Gas&El (80c). Cent Ind Pwr pf (7)., Cent Pwr & Lt pf (7). Cent Pub Sve A(10%) Cent Pub Sv pf (6). .. Cent & Swn Utll (b7%) . Cent&Sowst Util pf (7). & Cent States EL (b10%). Cent Sts Elcv pfn(aé). t States El pfi6)xw. Centrifugal Pipe (60¢) Chain Stor Development Chain Stores Stock. ... Charis Corp (13) Chat Ph Aln.v (1) Chesbrough Mfg (i3). Childs Co. pt. (7) City Sav Bank (p4.19 Cities Service(g30c) Cities Service pf (§) Cities Serv P & Lt pf(6) City Mach & Tool (80c). Claude Neon Lights,Inc. Clev Eiec 1llum (1.60). . Cleveland Tractor (80c) Clev Union Stock Yards. s Cohn&Rosenbergerl nc,. Colombia Syndicat Colon Oil. Colts Pat Firearms 1% .« Columbia Oil & Gas vic. Columpia Pict (f1%). Colum Pict vte (f1%) Com'with Edison (8). Com Wat Ser (g12%2¢).. Comstock Tunnel. Consol Gas Utll A12.20)., Consol Gas Util B. v.t.c.. 4 Contl Chicago Corp. .. .. Contl Gas & El pr pf(7). Cont Roll & Steell Fy. .. i Cont Shares conv pt Cont Shares pf (B) Cooper Bessemer. . Cooper Bess pf A(3) Cord Corp Corp Secur of Chi (b6%) Corroon & Keynolds. ... Crn & Rnlas DfA(6) Cosden Of1 Crane Co pf (7). Creole Petroleum. Cresson Consol (4c) Crocker Wheeler Crowley Milner (2). . 4 Crown Cent Petm (new). Crown Cork Intl A ((1). Cuban Cane pr opt war. . Cuban Tobacco vte(1%). Cumberland P L (2)...s Cuneo Press (2%). Cuneo Press pf (6%)...+ Curtiss Flying Serv.. Curtiss Wright war. Cust Mexz Mining. Darby Petroleum. » Davenport Hos (2) Dayton Atrplane & nn.. Deere & Co (1.20). De Forest Rau Delsel W Gilbert Derby Ofl & Refin... Detroit.Aircraft Corp. De Vilbi=s pf (70¢).... Doehler Die Casting Douglas Aircraft (Il% 7 Dow Chemical (2). Dres (8 R) Mfg.A (3341, Dresser(SR)A cod(313). Dresser Mg (B) (2). 16% Driver Harris (new). ... STAR, WASHINGTON, D. LEIFAND |1+ +114+11 U ST (AR EL L (BETANE D] 1 v+ + sderxe v # +ll+ + +1+1+00 00 e rrxfele 2 & $2ize ¥ ¥ o & EEE FEF¥ ¥ EFE AS# 107% L 49 bla 4 Empi C., ) Stock and dividend. Dubilier C & Radio Duke Pow (5). .. Duquesne Gas Corp. Durant Motors. . # Duval Tex Sul w.l. East G & Fuel Asso. East Sts Pow B (1) Eastern Util Asso (2). Eastern Util Asso ev. Eastern Util Inv (A).... Edison Bros Strs (50c). . Educational Pictures pf. Eisler Elestric Corp. Elec Bond&8h cu pf (5), Elec Pow Asso (1). Electric Products of Col. Fl Sharehold (b6%). El Shareh pf (26%) - % Empire Corporation. Empire Gas&F cm pf(7) Empire Gas&F cm nf(8) Power pt (2.24). Empire Pub Sve (A). Empire Steel Corp. .. ... Employ Reinsur (11.80). Engineers Gold. . Fureka PipeLine(4). Europe Elec, Ltd A(60¢) Euro Elec, Ltd deb rts. Evans Wall L Ex-cello Air . Fairchild Aviation. Fairey Avia Ltd (16c) Fajardo Sugar. Federated Capital. ... Federated Metals. A Ferro Enamel (A). Fiat rcts (943%c). Fire Assn Phila (1.60) Wiintkote Co (A)..... Florida P & L pf( Foltis-Fischer Corp. Ford M Can A (1.20 Ford Mot, Can B (1 Ford Mot France 37'zc. Ford Mot Ltd (36 3-ic).. Foremost DalryProd Foremost Fabrics. Foundation For Sh, Fox TheatersClass, Franklin Mfg Co. Galena Oil Cory. Garlock Packing (1.20)... Gen Alloys oo General Aviatio o5 General Cable wi e Gen Elec Ltd rets(p70c) . Gen Empire Corp (1). Gen Fireproof (2). en Pub Sve pf (6). a n Theat Equip cv pf.. Tire & Rubber (3).. en Alden Coal (4). Globe Underwr (1 Gold Seal Elec new Golden Center. Golden State Mi Goldman Sachs T Gorham, Inc pf (3) Gotham KnitbacMch. ... Gram'phone Litd cfs 36c. Gray Tel Pay Sta (13'3). Graymur Cotp (1) Great At&Pac Tea nv(6) Grt A&F Tea of (7). Srief & Bro pf (7). Grier Stores. Groc Strs Prod v.t. Gulf Ofl of Pa (1%).. Hambleton Corp pf Hamilton Gas rets. Happiness Candy . Hazeltine Corp (2) Hecla Mining (40c).. Heyden Chem (1). Hires (CE) Co A(2) Hollinzer Gold (6ic . Horn&Hardart(23%) Horn&Hardart pf(7). Hudson Bay Min& 8§ Humble Oil (123:). .. Huyler Stores of Del. Hydro Elec Secur (1.40) . Hygrade Food Prod. ... JIPwr&Ltpf (6).. Tmp Chem Ind(p4de).... Imp Oil of Can (50¢). ... 1mp Oil of Can reg (50¢) Imp Tob Can (35¢). Indiana Pipe Line (1). JUNE 7, 1931—PART Ind Pwr & Lt cu pf(6%) 105 10! Ind Terr 111u Ofl (A). Ind Terr Iilu O11 (B) Industrial Finance ctf: Insull Inv (b6%). Insull Utl) 2d pf(6) . Ins Co of No Am (12 Insurance Sec (i0c) . Intercont Pete new. Interlakes SS ( ) Int Cigar Mach (2%3)... Intl Petroleum (1) Intl Products Int Superp (1. Int Utilities A (315) (B Internatl Utilities(war) Int Util pt pf (7)... i InterstateFquities. Interstate Equ cv pf (:). Interstate Hose Mills. Interstate Power pf (7). Irving Air Chute (1).... Irving Air Chute (war). Italian Superpowr A. Ital Supernower war. Jer Cen P&Lt pr (7) Kings Co Lt cum pfD(5) 115 % Kirby Petroleum. . Klein (D E) Co (1). Knott Corporation (1).. Kolster-Br(Am shs). Lackawanna Sec (4) Lawrence Port Cmt( 4 Lefcourt Realty 1.60. Lehigh Coal&Nav(1.20) . 3 Leonard Oil...... Lerner Stores (2)...... Lerner Stores pf (6'3). Libby McNelll & L. 4 Lily Tulip Cup 1% Lone Star Gasn (8 Long Island Lt (60c). Long Isl Lt pf (7). Long Isl cu pt B (6) Louislana Lan & Ex. MacMarr Stores (1) MawdalenaSyndicat 4 Mapes Con Mfg (13 Marga Md Casualty new (214) . 4 Mass Util Asso. Mavis Bottling (A). Mayflowef Asso (2).. May Hos cum pf (4) Mead Johnson(+433). 4 Memph N G Co (60c). Mercantile Stores(1). Mer&MfgSecA(150). Merritt Chap & Scott. 4 Metal & Mining, Inc Met Chain Store Met Edison pf (6). Mickelberry Food (k60c) Middle Sts Pet vtc A 22c. Mid Sts Pet v.t.e. B. Mld ert S(l Ul l‘l*) Utll (b8%)... Hld Royll!y cv pf (2).. Midland Sti Prod. n (2). Mid United pf A (a3). Midvale Co (4). .. Minne-Honey pf (6) an Pipe Line (4).. an & Pipe Line (B) River Fuel bd rts. . Miss River Pr pf (6) Moh Hud P 1st pf(7)... Montecatin] deb rt: Mont Lt H& T (1%). Moss Gold Mines Mountain Products (1). Municipal Servife Murphy Co (1.60). Nat Screen Servii % 17 16% 1 9% eIl ey ~ % » £ 1 +1 _n# (REE RN 1+l FRedeses v yvx ST o SEEFSR F ORL X = X [T L ’fi‘f: & ER & & SIX. New Bradford Oil New Eng Pow vt (6. New Eng Pub 8 pf pl(7): N.w England T&T (8). w Haven Clock (1) New Mex & Ariz Land. .y 4 Newmont Min (4).. NY & Hond Ros (11%) .. N Y Hamburg (2%). NYPwr&Ltpf (7).. NY Steam new (2.60) . 4 N Y Telpf (6%). N ¥ Transit (170c) . ~H. Power (40c) , .. H. Pwr A war, Hud Pwr (B) war.. Niag Shares, Md (40e Niles-Bement-. Pond u) Nipissing. i Nordon Corp L. .. . Nor Am Aviation A war. North Am Util Sec. . Nor Am Lt& Pwr(b8% ). Nor AmL &P pf (§). Northam W ev pf (3). North & Sou AmCor p A. Nor European Oil Corp. . Nor Ind Pub Sve pf(6) Nor Pipe Line (14). North Stat Pwr A(8) Nor States Pwr pf (6). Northwest Eng (3) Northwest States Util... Northw Yeast Co 12) Novadel Agene (4). Ohio Brass (B) (5) Ohto Copper.... Ohio Oil n (eu)pf (6) Ohio Power pf.(6). Ohio Pub Serv pf A (). Oilstocks, LtA(A) (40¢). 4 Outboard Mot (A).... Outboard Mot B Overseas Sec.... .. Pac Fin Cp Cal A (80¢).. I'ac G & K 18t pt Pac G & F pf 1.3 Pac Pub Sve A(130). Pacific Pub 8ve (new). Pac Pub Sve pf (new). Pac Western Oil. Pan Am Airwa: Pandem Oi1. Pantepec Oil Paramount Cab Mfg. Tarke Aus&Lipps pf(2) Parke Davis (11.55). Parker Rust Pr (3) Patterson Sargent (2) Pencer (D) Gr A. (333).. Pennroad Corp (20c).... Penna Gas & Elec A . Penn Mexico Fuel.... Penn Prvr & Lt pf(6). & Penna Pwr & Lt pf(T). Penna Water & Pwr (3). Peop I & P A (2.40). Peperell Ki{g Co (8). Perfect Circle (2). Perryman Electric. . Petrol Corp war. Phila Elec pr pf (2). Phifip Morris (A). Phoenix Secur Corp. Phoenix S C pf (3).. Pierce Governor. .. . Pilot Radio Tube(A) Pitney B Pos n(20c).. Pittsbgh & Lake E(110). Pitts Plate Gl Plymouth Ofl (1) Polymet Mfg. Pond Creek Pocahonta, Poterero Sugar. Powdrell & Alex (7 Pratt & Lambert (4). Premier Gold (12¢) Producers Roy Corp. Prudence Co pf (7) Prudential Inv. . Prudential Inv pf(6). Pub Sve of No 111 no par. Pub Public Util Hold war. Pub Util Hold Corp xw. . Fub Ut Hold cu pf(3). .. Puget Sd P& Lt pt (5).. Pure Oll pf (6). Quaker Oats pt Quiney Mining. . Railroad Shares(40c) Railway & Lt Secur (13), Rainbow Lum ProdA. Rainbow Lum Prod B. Reiter-Foster. . leliable Stores. .. Reliance Intl (A). Reliance Int Corp(E)... Rellance Management. 6 . 125 .18 5 .20 29 1143 1145 98% 97 8 o 6 115 39% 36 40% 40% % & 20 80 106% 106% 1034 103% 2 1 5 1" 1% 2% 2 % 7 28 280 2 116% 5 2% 2% 3215 32 1% 2 % £ % 30, kA it HEL S TR 1410+ +1+ + ol o e T S . Stock and dividend. Sie Ind full pd (5%3) Sie Ind prior (5%).... ntry Saftey Control. Shattuck Den Min... Shawingan W & P (3% ). Sheatfer Pen (13). s Shenandoah Corp. Shen Corp pf (a3) l:ur'm Willms (1434) . 8 So Am Air Lines 15t pf. # South Am Gold&Plat. South Penn Oil (1) aae. Sou Cal Fd pf (1%).. SoCalEdpLA (1%)... 8o Cal Edis pf (B) (1%) Sou Calif Ed pt(C) (1%) Southern Corp SouthernNat Gi Sou Pipe Southland Roy-lu (80c) Sou West Bell Tel p£(7). Southw Dairy Prod.. Sou West Dairy prd pf. So West Gas Util. Sou Wn G&E pf (1) Spanish & Gen rets. Spieg May Stern pf. . Stand Dredging cv pf L T & SR & # ¥ FFOFF Stand Ol of Ind (2) Stand Ofl of Ky (1.60). Stand Oil Nebr (2). e FESN 4 Stein(A) & Co (1.60). Strauss Roth. Stromberg-Carl(1%) Strook & Co (60c) 4 Stutz Motor Car 4 Sunray Ofl (b§% Swift & Conew (2). Swift Internat (3).... Swiss Amer EI pf(6)... Syracuse Wash Mch(B). Taggart Corporation. Tampa Electric (32).. Technicolor Ine. . Tech Hughes (60c) Texon Ol & Land (1) Thatcher Sec Corp. Tobacco Prod Exp (10c). Todd Shipyard (4). % Tonopah Mining. Torrington Co (131, Trans Alr Trans... Trans Lux DLPS. Triplex Safety Glas Tri-contin’l Corp war. Tri Utilities (b20% ). % Tubize Cantillon (B) 714 Tung Sol Lamp (1) Tung Sol Lamp pf(§) Ungerleider Fin Corp s Union Am Inves T'n Nat Gasof Can (1). 4 Union Oil Assoc (2). UnionTobacco. Utd Carr Fastel Utd Chemical. Unit Chem pt pf (3) Unit Corp war.. Unit Dry Dock. U'nit Elec Sv (pl.41).. Unit Founders Utd Gas Corpn United Gas pf (7) Utd Light & Pwr A(1). Utd L & Pwr (B) (1).... Utd Light & Pwr pf (6). United Profit Sharing. .. United Public Servic Utd Ret Chem pf31;. Unit Shoe Mach (233). oo U S Elec Power ww U S Fin Holding. U S Finishing U S Foil Co B (50c) U S & Interntl Sec. U S Inter Sec 1st pf U S Linespf (1).... U S & Overseas war. U S Playing Card (2 us Rxdvo & Television. & F BES 1 ¥ Unit Verde Ext (2) . Ttah Pwr&Lt pf (7) 3 Utica G&Elec pf (7) Util Pwr&Lt (at1.02%). Ut P&L B(af1.02%). Utility & Ind. Ut & Ind pf (1%) Utility Equities. Utility Equity pf (3% Vacuum Ol (2).. V Camp Milk pf ww Van Camp Pack.. Van Camp Packing pf. Venezuela Petroleum. Vie Finan Corp(40c) & OFFsase Listl cesdite Ped™ & Fitiire Lol ++14 155 ({625 & 8T | SRS FERE 88 Reybarn Co. . Reynolds In Richman Bros (3). Rike Kumler (2.20). ... i Roan Antelope Mine: R'kland Lt & P (90¢). ... Roosevelt Field. Tne. ... Roszia Int Corp (10¢)... Royal Typewriter(3). Royalty orp pf Ruberoid Co (4). Ryan Consolidated St Regis Paper (1) Salt Creek Prod (1.40).. % Savannah Sugar pf (7).. Saxet Co........ . Schulte Un be to31 Seaboard Utilities (50¢) Secur Corp Gen(40c). ... Seeman Brothers (3). Segal L & H (a30c). Seiberling Rubbe: Selby Shoe (1.40). 4 Selected Industrie: 4 VaPub Svpr (7). Voght Mg Co (1). Waitt & B. A (2)...... Walgreen Co. Walker (H) (50c). Watson (JW) Co Welch Grave Juic West Mass Co (23 Western Tablet&S:a (2) Williams R C (70c) Wil-Low Cafeterfas. Wil-low Caie pf (4).. Wilson Jones (113). Winter (Ben)... Woodlev Petrol Of1 & Gas. Ygstwn Sh&Tu pfi Yukon Gold Cc..... Dividend rates in dol 2 lus 10% in stock. m Plu: > in stock. P Paid last year—no regular rate. INCREASE IN LUMBER ORDERS IS REPORTED Association Announces Sales Have Gained and Are Now Near Output of Mills. | After several weeks showing unfavor- | able ratios, lumber orders received at the mills during the week ended May | 30 returned to a level lppmflmlflnl{ production, it is indicated in telegraphic reports from 758 leading hardwood and softwood mills to the National Lumber Manufacturers' Association. These re- ported new business as 1 per cent un- der a total production of 226,836,000 Shipments were 8 per cent above this figure. A week earlier orders re- ceived by 814 reporting mills were 10 per cent below and shipments were 1 per cent above a combined production ol 244,792,000 |feet. Comparison by identical mill flgure.s for the latest week with the equivalent period a year ago shows—for soft 447 mills, pro- duction 29 per cent Tess, lhlprmenu 19 r cent less and orders 21 per cent re than for the week in 1930: for hardwoods, 199 mills, production 35 per. cent less, shipments 14 per cent less and orders 10 per cent under the vol- ume for the week a year Lumber orders reported for the week ended May 30, 1931, by 561 softwood mills 'ntll.d 203. Ollm feet, or 2 per cent below the production of the same mills. Shipments as reported for the same week were 222,765,000 feet, or 7 per cent_above production. Production was 207,564,000 feet. Re) from 214 hardwood mills give new wnfllmwflteet.ot'm cent. above production. Shipments as reported for the same week were 22001 000 feet, or 14 per cent sbové Preduction was 19,262,000 from 476 softwood mills give 55, Tob1 oF the sauivalent. of 14 May 30, 1931, or days’ produ This is based upon 300-day be com] with ed orders of 500 softwood mills on May 23, lnl, of 677,993,000 uet., the equlnunt of 14 days’ produc- ’nu 414 identical softwood mills re- port_unfilled orders as 634,227,000 fm on May 30, 1931, as compared wit mm feet for the same vcek - Last week’s of s «'l mnuml softwood was 196, teet. 767,000 276,100, 000 feet; 072.000, and orders received 195,124,000 and 246,737,000 feet, and a year ago it was/woods, 199 identical mills reported pro- shipments were, re- | duction last week and a year ago spectively, 212, 800,000 feet and 264.- 18,575,000 feet and 28.437,000, shipments r21.265.000 feet and 24.717,000, and ore In the case of hard- | ders 20,213,000 feet and 22,377,000 feet. Columbia Building Association 716 11th St. N.W, Pays 5% Bring This Ad and Receive $1.00 Credit ON OPENING A NEW ACCOUNT Let Us Refinance Your Maturing Real Estate Loan No Commissions Charged 22 Years’ Successful Business Without the Loss of a Dime Compounded Semi-Annually Money Available for Mortgage Loans nection with securing a FIRST TRUST LOAN through us on office building, apartment house, business or residential properties—located in ‘Washington or nearby Maryland or Virginia—if the wHERE will be no embarrassing details in con- proposition is sound. It will have our best considera- tion, and promptly upon approval the money will be available for 3, 5 or 10 'RANDALL H. HAGNER & COMPANY ’ MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave.