Evening Star Newspaper, March 13, 1932, Page 61

FINANCIAL. CURB-SHARES WIN SUPPORT AT CLOSE Selling Checked, With Recov- eries Noted in Public Utili- ties Group. BY JOHN L. COOLEY, Associated Press Financial Writer. NEW YORK, March 12.—The curb market took on a somewhat brighter complexion in a quiet week end ses- sion today. Price changes were largely limited to minor fractions, but the selling which came into the Electric Bond & Share group and other sections of the list yesterday was checked, and small re- coveries appeared here and there. The closing tone was steady to firm. Electric Bond & Share finished a | fraction higher, apparently reflecting short covering. It was pointed out in brokerage circles that there has ap- | parently been some seling based on the erroneous belief that the company has omitted its preferred dividends. Ordering of these payments has merely been deferred pending approval of the recapitalization plan. American Gas & Electric was also up a fraction, and Commonwealth Edison was firm. Such issues as Middle West Utilities, United Light “A,” and Utili- ties Power & Light were barely changed. Ofig were somewhat inclined to firm- ness. The new Consolidated Oil stock was fairly active, rising a fraction, as did Gulf. Indiana and Citles Service about steady. ‘e'Ir':Ael’e was little activity in the in- dustrials. The Ford issues were traded at steady prices. Increase in Plant Schedule. NEW YORK, March 12 (#)—Dow, Jones & Co. says Youngstown Sheet & Tube Co.'s operations for the coming week are estimated at 22 per cent of capacity, up 1 point from the current rate. - SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) 89 S Co. 55 1937 i flh Ch.lné;lrl‘.n Cfl !5 1933 824 mulmou & Ohl 4'as “S! 85%y Belding Hemingway Co_ 6s 1936. 88 zuhlehem Steel Corp. 55 19“ Canadian Nor. Rwy. 4'as 1935 Chi. Nofihtn.u’t‘r‘n Rd :! f“n!! %:'3:'?41’ Wheeling 5s 1933 & H s Demver & Rio Grande 4123 1938 Gen, Mot Accep. Corp. 6s 1937 1 Petroleum Corp. i Public Service Sigs 1939 a TRk % c“e'n: 8s 1033 . & H. New ;&'{. S atel L e 103 Northwestern Telep. 4155 1934.. Fenna: R K. Co, $1s 1936 .. Pl gemery’ R & mn SN crade Facine 5s 1934 !""""x";l R £G4 g Union El 5 1933, Uhlon O co. of Galif. 5s 1035 R & Power 55 1934 zll:;llmn.ll"; Co. 55 1939. . 7!' WEEKLY FINANCIAL HIGH LIGHTS By the Associated Press. Brokers’ loans Federal Reserve Holdings, U. 8. securitles. Gold reserve . Bank le:r!tngs cl Electric numut (Kw h) ‘week ending March (Final three clphers omitted in above.) loadings, week ending Feb. 27.. crude Oil product (barrels). Stock sales (N. Y. Stock Exchange). Bond sales (N. Y. Stock Exchange). New financing Call money rate ‘Time money rate Commercial paper . 2,140,85 7.696‘997 $64,8 21, 262 000 Market Averages By the Asfociated Press. STOCKS. 2 =3 50 20 Indus. Rails. Util. T¢ Yesterday 0 3 EEGaa CEEzs5550 PTERTY ottt oA okt EEaag EBsBens Dhmeluonconamnn EBefgy 3 20 20 us, Ralls. ULl T Ing iy Yesterda: revious 11 Saa332 eSaeaa8g0a9940 Aonan-anombN sSeS=nsuet: sEeEaaiitaga :53‘32‘—-&;,-2 930 New 1937 "high. (Copyright, 1932, Standar: 'COTTON VALUES RISE AFTER EARLY LOSSES Trade Buying and Covering Move- ment Prove Props to Sag- ging Market. a tatistics Co.) By the Associated Press. NEW YORK, March 12—An early decline in cotton under some Southern selling and liquidation inspired by rela- tively easy Liverpool cables was followed by rallies on trade buying and covering. May contracts, after selling off to 6.96, rallied to 6.99 and closed at 6.98, with the general market closing steady at net declines of 1 to 2 points. ‘ The opening was steady at a decline of 1 to 4 points, with the active months selling about 3 to 5 points net lower during the early trading. The decline to 6.96 for May and 7.33 for October appeared to meet some trade buying limits, however, and after the early of- ferings had been absorbed prices became steadier. ‘There was further Southern selling and some commission house liquidation, but it was readily absorbed. Closing quotations were within a point or two of the best. Reports of continued cold weather in the South appeared to have little effect on the market. Liverpool cables attributed the de- cline in that market to local and for- eign liquidation influence by the steadier sterling, and reported freer buying of comm yarns by British home trade and India. The amount of cotton reported on shipboard at the end of the week was estimated at 221,000 bales, against 116,000 last year and 135,000 two years ago. The weekly weather forecast was for generally fair weather, with rising temperatures during the first part of the week, with prospects for probable showers and colder toward the end of the period. Glos January Last week. $495,000 1% $759,955 2,938,974 828,402 5,625,403 1,512,158 572,606 2,138,050 7,775,190 $61,946,000 15.03;,000 Year Ago. 81,1 !Zfi 000 iGM 704 3,096,374 172,550 8,132,261 1,664,125 681,221 2,156,700 14,259,722 $56,050,000 ,202,00 535,491 817,000 215-23,% WASHINGTON ST! YEAR (Reported by W. B. Hibbs & Co., Hibbs Building, Washington, D. C.) BALES OCCURRING ON THE WASHINGTON INCLUDING FRIDAY, BON) PUBLIC UTILITIES. Ana. & Pot. Riv. R. R. Capital Traction 1st, 5s, 1947 Potomac Electric Power cons. 5s, 19 Potomac Electric Power gen. & ref. 6s, 1953. Washington Gas Light 55, 1960. Washington Gas Light 6s, 1933, series A. 4 W% 100 Washington Gas Light 6s, 1936, series B. & Washington Rallway & Electric 4s, 1951...... 82 82 8 MISCELLANEOUS. Chevy Chase Club 5'%s, 1976 . . PUBLIO UTILITIES. Oapital Traction Potomac Electric Power pfd Potomac Electric Power pfd Washington Gas Light C 20 Washington Rallway & Elec. pfd. 100 TITLE INSURANCE. Columbia s, MISCELLANEOUS, Columbia Sand & Gravel pfd.... 13 o Federal Storage Co. pfd. Lanston Monotype . oo 100 Merchants' Transter & Stor. com. 100 None .9 Peoples Drug Stores pfd. ....... 100 3 % None 2 104 19% Mergenthaler ‘Linotpse The Oarpel Corporation Woodward & Lothrop pfd ...... 100 T 1101 107 HOW IS B Showing Current Business Activity Compared With Same Week a Year Ago. sune| vy 1st S5, 1949 2 2 514 Sl OCK EXCHANGE 1932 STOCK EXCHANGE FOR 1932 UP TO AND MARCH 11. Approx. | s feld 1 | ¥ . High. Low. Close. maturity. 12% 58% 62% 3¢ 100 100 100% * 106 103% 104% 5 101 100% 101% 100% 100% 8% 95% 4% 6.9% 65% USINESS? York City. wrevious year. Shaded areas show weeks of activity above (he corresponding weeks of the Black areas Indicate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. Check Transactions co ared with the same week a year ago. Cleyeland | Richmond —37.8% —24.8% LA | | Philadelphia | R Ol e % T A | ppy [ gt | Dall; |8 Prancisco | 5 S et X ;i | Kangas City | =% Al LEADING BAROMETERS. Showing Trend of ‘rfien (Fisher’s Index) . Mflflflnr D volume (shares traded) . important factors. Present trend. Upward Downward Downward Downward Downward % Change from year age —319 —114 —10.: -—1%7.2 Downward Upward Downward Downward (ANl rights reserved. Camibridge Associstes. Boston.) THE SUNDAY STAR, WASHINGTON, FOR WEEK ENDING MARCH 12, 1932. —1932 — High. Low. 6 2 6 87 2% 4 Btock and dividend. Acetol Prod A. Agfa Ansco. . Ala Power pf (6)....0000 8 Ala Pwr cum pf (T). 0% Alliance Investment 2% 2% Aluminum Co of Am 3 48% Alumn Co of Am pf ( 58 Aluminum Co. Ltd. . T “ 20 High. Low. Close. 6 6 6 4 Aluminum,Ltd (D) war., 1 Amer Austin Car. . b Am. Bakeries. A(3) Am Capital (B).... Am Capital pf (3). Am Capital pr pf (5%) Am Cigar Co. AmCitP & Am Cit Pw & Lt B Am Com Fow A Am Cyanamid (B). Am Dept Stores. . . Am El Sec Corp pf. 2 Am Equities. Am ForPwr war. Am Founders Am Gas & Elec (31) Am Investment Inc Am Inv, Inc, wa: Am Laun Mch 1.20. Am Lt & Trac (2%) AmLt & Trpf (1%). Am MfgCo.... Am Mfg Co pt (5) Am Maracatbo. Am Superpower Am Superpo pf (6).... Am Superpwr 1st Dl(fl). Am Thread pf (25¢). Am Transformer. . Am Ut & G B vte. Am Yvette Co., Inc. Anchor Post Fence 4 Anglo-Chilean Nit. Appalachian Gas. Arcturus Radio Tub. Armstrong Cork. .. Asso Elec Indus Ltd. .. Assoc Gas & El Ltd 4 Assoc Gas & E A (b Asso Gas&El all ct 1.60. Asso Gas & Elec ctfs(3). Assoc G & El war Atlantic Coast Fisheries. Atlantic Lobos pt. . . Atlas Plywood...... i Atlas Utilities Corp Atlas Utilities(war). Atlas Util pf (3). Aviation Securities. 4 Aviation Sec,New E: Babcock & Wilcox (4).. Bell Tel of Can (8). Beneficial I L (1%) Bliss Co(EW) (b8%) Blue Ridge Corp. Blue Ridge pf (a3)..... Brazilian Trac Lt&P(1). British-Am OI1 C (80c) . Brit AT cou B (1.13 35¢) . Brit Cel Ltd ret: . 4 Buckeye Pipe Line (4). Buffalo, N&EP DflLlO) Buff Nlag&EP 1st p£(5). Bunker Hill & Sullivan. . Burma Corp Ltd, ns("c) Butler Bros....... Cable Radio Tub vte. Cabl & W Ltd. B ret Camden Fire Ins (1). Canadian Marconi. Carib Syndicate. . Carnegle Metals, Carrier Corporation Celanese Corp pf (T).... Celanese Corp 1st pf. Cellulofd Corp. .. Celluloid Corp 1st pf. Cent Public Service A Cent & Sown Util (b7%) Central States El Centrifugal Pip Chain Stores Stock. Chesebrough (16%4). Cities Service(g30c). Citles Service pf (6 Cities Serv. B.B.pf(8) Claude Neon El (1.60)... Clev Elec Illum pf(6)... Colembia Syndicate Colon Ofl... Colum G&E cv Columbia Ofl & Gas vte. Columbla Pictures Columbia Pictures vtc.. Commwlth Edison (8).. Comwlth & Sou (war).. Community Water Serv Consolidated Copper Consol Gas Balto(3.60) Consol Ofl Corp Contl Gas & El pr pe(1). % Cont Shares conv pf Cont Shares pf (B). Cooper Bessemer pf 4 Copeland Pr Inc (n) Cord Corp. ..... Corroon & Reynolds. Corroon & Rey pf (A) Cosden Ofl.. Cosden Oil pf. Creole Petroleum Crocker Wheeler. Crown Cent Petrol. Crown Cork Intl (A). Cuneo Press (214)..... Curtiss Mfg Co (A). Curtiss Wright war. Cus! Mex Mining. Darby Petroleum. . Dayton Atrplane & Eng. 4 Deere & Co. De Forest Derby Ofl & Refin. Detroit Afreraft Corp Doehler Die Casting Dow Chemical (2) Dubllier C & Radio. Duquesne Gas Corp. Durant Motors Duval Tex. Sul. w.L East G & F1As pf(8). E: astern Util Inv (A)... Edison El of Bos(13.60). isler Electric Corp. ... ec Bond & Sh (b6%). . Elcc Bond & Sh new w.i El Bond & Sh pf (6) Elec Bond&Sh cu pf lec Pow A8SO (1).... lec Pow Asso A (1). 121 P& L opt war. ilec Shareholding . lec Shareholdg Df(l!) . mpire Power pt (2.24) urop El Ltd A (30¢)... Euro Elec, Ltd debrts. . Fatrchild Aviation. Falcon Lead Fansteel Prod ¢ Flschman & Ford Motor, Can., A. Ford Motor. Can., B. F'd M Ltd p 36 Foremost Fabrics Foundation For Shs... Fox TheatersClassA. Franklin Mfg Co. Gen Alloys. ., General Aviation. G El Ltd rets (p36 3-6¢) Gen Pub Sve pf (6).. Gen Theat Equip cv pf. . GeorglaPowerpf(6) Gerrard (SA) Co Glen Alden Coal Globe Underwritrs(2 Gold Seal Elec new. Golden Cen KnitbacMeh. raymur Coip (1). GLA&P Tean vi6lg. Grt A&P Tea pf (1) Greit & Brotner. Ground Gripper pf Gulf Oil of Penna. Happiness Candy. Hecla Mining (40¢) Heyden Chem (25¢) .+ Hires (CE) Co A(2)... Horu&Hardart(2%). % Hudson Bay Min & Humble Ofl (2). Hydro El Securities Hygrade Food Prod. .. Tilinofs Nor Util pf (8). 11 Pwr & L pr (6)..... Imp Ofl of Can (50¢) . Lmp O1l of Can reg <We) Imp Tob Can (35c). 8 Indlana Pipe Line (1) 4 . ) Indian Ter I1lu O A. Ind Terr Illu Of (B).... Wuu Finance Copf...u ull Investment $14 Insull Ut 24 pe(6 0w 2 Insur Co of Nr Am L4+ 1+ +4 1L ++110 G IR I +4+ 4+ I+1++) [ L+l ++1+11 L4+ T++1 14+ % | + C AU 3 6 s i A S LTINS . S T o 7 8 R i A T = o G S2 8 3Fx o & ¥ OFF @ ¥ FF © £l o 22 sEssevrrrassies % Intl Petroleum (1). Stock and dividend. Insurance Security. Intercont Pete new. Intl Hydro cv pf (3%).. Intern Superpr (1)..... Intern Util A Internatl Utilities (B) . Internatl Ulfllthl(m) InterstateEquities Interstate Equity ¢ Interstate Power pt (7). Italian Superpowr A.... Itallan Super deb rts. Kirby Petroleum. Kirkland. , Knott Corporation Kolster-Br(Am shs) Kress (SH) sp pf (60c).. Lack Securities (4). Lake Shor Mines (2). Lakey Fdry & Macn. . 4 Lefcourt Realty 1.60 Lehigh Coal & Nv(1). Libby McNelll & L...... Lone Star G new (60¢). . 4 Long Island Lt (60c). Long Isl Lt pf (7). Long Isl cu pf B () Louisiana Lan & Ex.. Ludlow Mfg Co (6). MagdalenaSyndicate. Margay Oil (1). Maryland Casualty Mass Util Asso. Mass Uti] Asso cv pf 214 Mavis Bottling (A). Mead Johnson (1315) . Memph N G Co (60c). Mich Gas & Oil Corp. Midl Sts Pet vte. A 4 Mid Sts Pet v.t.c. B. 4 Mid West Util (b8%). Mid West Ut A war.._ .. Mid West Util B (w.L.). Mid W U Co pf n xw (6). Midland United Midvale Co (4) Mining Corp of Can. Minne-Honey pf (6). 4 Mo-Kan Pipe Line. Mo-Kan & Pipe Line (B) Miss River Fuel bd rts. . Moh Hyd P 1st pf(7) Montgomery WardA ( 4 Mountain Prod (80c) National Aviation. Nat Bancservice. Nat Bd & 8 Corp (1). Nat Dairy Ppf A (7).... Nat Elec Power A (1.80). Nat Fuel Gas (1) Nat Pub Serv (A) Nat Pub Sve pf (7). Nat Rubber Mach i Nat Screen Service ( 4« Nat Service Co. Nat Sh Term Sec A $60c. Nat Sugar NJ (2). Natl Transit (1). Nat Union Radlo Nehi Corp. Neptune Meter (A). New Bradford Oil. New Eng Pow pf (8) New England T & T New Haven Clock. New Jersey Zine (2) Newmont Mining. N Y Auction. N Y Hamburg. N Y Shipbldg (‘orp NY Steam (2.60) N YTal f (%), NYT nsport (2 Niag.-H. Pwr A war. Niag Hud Pwr (B) war.. Nlag Share(Md) 20c Nipfssing Nitrate Corp Chils (B).. Noma Elec Corp (40¢) .. Nordon Corp Ltd. ... Northam W cv pf (3)... Nor European Ol Corp. . North Ind P 8 pf (7) North Pipe Line new North Stat Pwr A(8) 4 No Sts Pw cv pf (6). North 8 Pow of (7). Novadel Agene (4) Ohio Copper...... Ohio Ofl n (cu) Outboard Mot B. Pac G & E 1st pf (1%) Pacif Tin Corp(spel). Pac Western Ofl. Pan Am Airways Pandem Ofl. . Pantepec Ofl...... Paramount Motor . Parke Davis (11.10). Parker Rust Proof (3).. Pennroad Corp (40¢) Penn Mex Fuel (p1%) Penn Wat & Pow (3) Pepperell Mfg (4).. Pet Milk pf (7) Phila Co (new) 1. Phila Elec pf (5) Philip Morris Ine pihPil Morris (new Phoenix Secur Corp. Phoenix Sec Corp pt (3). Plerce Governor........ Pilot Radio Tube(A). . Ploneer G M Ltd (12¢).. Pitney Bowes P (b4%).. Pitts & Lake Erfe(5) Plymouth O11 (k25c) Premier Gold (12¢)... Producers Royalty S Prudential Inv pf (6).... Pub Sve N 111(8)no par. Public Util Hold war Pub Util Hold Corp xw. Pub Ut HCp cum pf.. Pure Oll pf (8). Quincy Mining. Radio Products..... Rallway & Lt Sec(2) Rayethon Mfg. 5 Reeves (D) (13 Reiter-Foster. Rellance Intl (A) Rel e Management. Republic Gas Corp. Reybarn Co. Roan Antelope Mines Rockland Lt&Pwr(90c). Roosevelt Fleld, Ine. % Rossia Intl Corp. 4 Ruberold Co (4). St Antony Gela St Regis Paper. Salt Creek Prod (1) Seaboard Util (28¢c). Sec Allied Corp (1) Seeman Brothers (3) Segal L & Hdwr, Selby Shoe (1.40) % Selected Industries. Sel Indus allot ctfs (51 Sentry Saftey Control. Shattuck Den Min, Shenandoah Corp. . Shenandoah Corp pf. herwin-Williams (4) . hreveport El D, Mm,vr Mfg Co (8). Sing Mf Ltd rets (p: South Am G 1d&Plat. South Penn Ofl (1).. S0CalEADLA (1%). ... So Cal Edis pr (B) (1%) Sou Cal Ed pf C(1%) Southern Corp. SouthernNat Gas. Scuthland Royalty(20c) . Sou West Bell Tel pt(7). Sou Wn G&E pf (7). So West Gas Uil . Spieg May Stern pf. Stand Invest cum pr. Stand Motors. .. . Stand Otl of Ind( 1). Stand Oil of Ky (1.60 Stand Oil Nebr (2). Stand Ol Ohlo(z4). Stand Pwr & Lt (2) % Stand Public Srv A Stand Silver & Lead. Stein Cosmetics Inc. Stinnes (Hugo). . Stutz Motor Car. .. Sun Investing. % Sunray Ofl. Swift & Co (2), Swift Internat'l Swiss Am El pf (6) Taggart Corporation 4 Tastyeast, Inc.. Technicolor Ine Tech Huzhes (60c) : Texon Ofl & Land (1) Tob Prod of Del wi. Tobacco Prod Exp (11 Tol High 1% & 187 10y 105 8 % 4 ®0d “rrres L4+ R Tl+++1 14440101+ 44111+ L4+ )+ I+1+ 1+ + LD+ - L+ + L4+ L4+ | F |+ |+t FE4 1L L4100+ R T T+ 4+ 4+++1 10 ++ o+ +1+ ++4+4+14+4+141 EXINE L3 ++ 1+ 14++1 ¥ OPPFEEW e FEFFEFLE Fer & | Fairbanks-Mor. 2 spot domestic, 58%; b2 D. C. MARCH 13, 1932—PART SIX. —1932— High. Low. Stock and dividend. 6'4 3% Tung Sol Lamp (1).. 16 Tung-Sol Lamp pf (3). 19 Ungerleider Fin Corp. 4 10615 2% T'n Gas of Canada 10's Union Oil Asso(1.36) 4 UnfonTobacco. 1 Unit Amer Utiliti 11% Unit Chem pt pt (2). 2% Unit Corp war. 2% Unit Elec Service 1% Unit Founders 1% Utd Gas Corpn. Unit Gas Corp war. Utd Light & Pwr pf (§). Utd Molasses, Ltd. Un Shoe Mach (13%). U S Dalry (A) (6). U S Elec Power ww U 8 Foil Co B(30¢). U S & Interntl Sec. ... . U S Inter Sec 1st pt. US Lines pf..... U 8 Playing Card (2) Unit Stores v.t.c. Unit Verde Exte Unite Wall Paper Un El Lt&Pw pf Mo (7). 100\: 1061 106 FINANCIAL. —1932— Low. Stock and dividend. 3% 1% Utility Pwr&Lt(b10%). ; 2 M 1% 8% Util PEL(B) cfs(b10%) ' 8 81y 1% Utility & Ind 28 8 Utllity & Ind pf(1%).... 10% W 1% Utility Equities. 2% 1% Van Camp Pack. 3 % % Venezuela Petroleum. s+ W Vick Financial (30c). ‘;‘: Wagner Electric (50¢). ., Waitt&Bond B(80c). ... Walgreen Co... . Walker, H (25¢) & Wayne Pump. Welch Grape Jnice (1N Wenden Copper. : West Cartridge pf. Western Air Expres Western Auto Sup A (2 Willlams R C (70¢)..... Woolworth Ltd pf 61-5¢. Woolworth (FW)Ltd pf. Wright Haege (112%c).. “Y" Ol & Gas. Yukon Gold C Dividend rates in dollars based on last quarterly of semi-an- nual payment. *Ex dividend. tPartly extra. iPlus 4% in stock. a Payable In cash or stock. bPavable in stock. e Adjustment dividend. fPlus 5% in stock. &Plus 6% in stock. h Plus 1% in stock. JPlus 2% in stock. kPlus 10% in stock. m Plus 3% In stock. nPlus 8% In stock. pPaid Jast year—no regular rate. High, Low. Close. 2% 10% + 2 ++1 11 ! IREARE 2§ 3 Baltimore Markets Spectal Dispatch to The Star. BALTIMORE, Md., March 12.—The live poultry market continues firm un- | der fairly light receipts and a good demand prevailing for smooth, fat stock and values on some lines show an in- crease of a cent or two & pound. Tur- keys in moderate receipt and demand good for medium-sized stock, hens pre- ferred with active season drawing to a close. Young hen turkeys, 8 pounds and over closed today at 32 and 33, and young gobblers, 12 to 15 pounds, 25 and 26, but old hens, as well as old gobblers move slow at 22 and 23, while crooked breasts are neglected at 17 and 18. Mixed colored young chickens holding very firm, especially for broilers at 23 to 26, but White Leghorns will not. bring over 22 to 24, while all poor, thin, light fowl neglected and has to be sold to street trade at irregular | hg prices. Old hens also in good demand and market holds firm, with values a shade higher at 18 to 20 for stock weighing 3% pounds and over, and smooth, fat Leghorns bringing 17 to 18, but all poor, thin fowl as well as old roosters neglected at 11 to 14. Market for ducks and geese has firmed up the past week and stock weighing 41 pounds for the former meets with fairly good demand at 18 to 22, and the latter selling mostly 14 to 18, but all poor, thin stock fairly slow sale at 11 to 13. Market for capons also firm, with demand good for heavy, fat birds under light receipts, at 25 to 28 for me- dium to large stock, but smaller as well as slips move slow at 23 and 24. Guinea fowls and pigeons show no change from last week at 30 to 35 each for the for- mer and 20 to 25 a pair for the latter. Egg Prices. The egg market has shown little change in condition and prices the past week, with receipts from nearby points ample for the demand. All stock is now graded as current receipts, and only a few sales noted on the exchange at 12% cents a dozen. Duck eggs con- tinue in good demand at 20 cents & dozen for large nearby clean stock, but dirty and small eggs move slow at 16. The white change from last week at 75 to 90 cents per 100 pounds, with No. 2 stock not | September ¢ wanted at any price. Sweet potatoes and yams also unchanged under mod- erate receipts and a good demand at 1.00a1.25 a barrel for the former and 125150 for the latter, but mixed ungraded stock will not bring over 50a75. RYE— There is little life to the demand |jay for native and nearby garden truck and prices are mostly in buyers' fa- vor at the following quotations: Kale, 25a35 bushel; onions, 3.50a4.00 per 100 pounds; oyster plants, 5.0087.00 nundred; washed turnips, 25a40 hamper. The live cattle market on the wharves has a steadier tone, but cen- tered on first quality stock, while mon of the receipts consist of common ordinary cattle which is slow nle Quotations today at Light Street Wharf: Beef cattle, first quality, 6.00a7.00; common to medium, 3.00a5.00; bulls, as to quality, 2.50a4.00; cows, choice to fancy, 4.00a5.00; fair, 2.003.00; oxen, as to quality, 3.5024.00; calves, veal, choice, 750 lll"!. 1at, 6.50a7.00; large, rough, 5.5086.00; com- mon, thin, 4.00a5.00; sheep, 1.50a3.00; Spring 1ambs, choice, 6.00a7.00; fair to good, 3.00a5.00. Hogs, straight, 4.50a5.00; sows, s.'m 4.00; stags, 2.50a3.00 live pigs, .00; shoats, 6.00a8. Grain Prices. Wheat—No. 2, Red Winter, garlicky, March delivery, ; April delivery, 59%. Corn—No. 2, Yellaw spot domestic, 43a44; cob corn, 2.0082.10 per barrel. Oats—No. 2, white domestic, spot, 3415a35; No. 3, white, domestic, spot, 33! 45a50. INSURANCE STOCKS NEW YORK, March 12 (#).—Over- the-counter market: Aetna Cas & S Aetna Fire ... Bid. Asked. Mg Aetna Life . Agricultural Am Surety Balt Amer ne Boston, City of N’ Conn Gen LI{a d Plfersns tns Travelers EARNINGS REPORTED. NEW YORK, March 12 (#)—Per share earnings for 1931 of corporations reporting in the past week with 1930 comparisons included: it Interstate Dept. Stores rse Youngstown Sheet & Tube. International Tel. & Tel. Wi Wrisiey, Jo.. ol Standard Gas & Elec. American Locomotive *Class MAGAZIN ES Every investor now needs the price- less information which is contained in The Financial World each week. To convince you of the value of this _we are making a remarkable offer. For only $1.00 you nly ave, besides the next of The Financial World, potato market shows no | May WHEAT PRICES FIRM ON POOR CROP NEWSI Reports of Impending Damage inl Southwest and West Aid Market, What Things Cost (By Standard Statistic Co.) NEW YORK, March 12 (#).—Of the 26 important_commodities in the fol- lowing table, 8 are higher in price than last week, 8 are lower and 10 remain unchanged. Five of the 26 are at their high for 1932, while 6 are l! '.heit lW 'i' S Butter, creamery, BY JOHN P. BOUGHAN, n-u hnc Associated Press Market Editor. e CHICAGO, March 12—Reports of unfavorable crop conditions in Ohio as well as in the Southwest and West gave firmness to ‘:_.he-t prices today during| Elo m Cotton, Mid-uplan Cottonseed Ol, bl 4t 2 the late Several mfluona of acres of hard | Lead, Winter wheat in Nebraska, Kansas, et Oklahomsa, Colokl::o lfld‘c Texas v}el: Ros! reported as ui g auspicious weat! hereafter mu?)vercnme graunt handi- caps. Ohlo advices said examination of flelds indicated that would be increased when wheat thawed out. ‘Wheat closed steadfast, 13-4 above | Turpe; yesterday's finish; corn unc ed to| 14 lower; oats unchanged to s off and pmz‘l‘llonl unchanged to & Tise of 5 cent Suggestions of moderating tempera. tures were stressed by wheat heun l was also pointed out that Arnxmne wheat shipments were he-vy lnd um stocks of wheat on ocean importing countries were ltkely w be large despite falling off in shipments from North America. On the other hand, current advices indicated that German milling regulations would be relaxed, and import duties curtailed. Addition of No. 1 and No. 2 yellow wheat to the list of grades valid for tender on_Chicago future delivery con- tracts took effect today. For the time being, however, most of the trading was in “old” contracts, which omitted the yellow wheat as tenderable. “New” July and Sepember contracts, which i.ncluded yellow wheat, ruled about la-% of cent a bushei lower than “old.” and oats followed wheat. Provisions were easy, responsive to downturns in hog values, 5 gaaseRasze: ey 38 CHICAGO nm! MARKET. CHICAGO, March 12 (#).—Butter, receipts, 9,423 tubs; } % firsts (88-89 score), 20a2 seconds (86-87 score), 19%,a20; stand- ards (92 score, centralized car lots), 221,. Eggs, receipts, um cases; extra fresh ded firsts, 113;; current recelpts, 10 810%. Dividend Changes. NEW YORK, March 13 (#)—The past week was the most unfavorable for some time as regards dividend cas- ualtles. Unfavorable changes numbered 88, or about 30 more than in the pre- ceding week, according to & compila. tion by the Standard Statistics. Fa- vorable revisions numbered 11 against 9 the week before. ATTENTION Bond Holders No Worry About Dividends If 'You Invest in.. First BOND TRUST Shares Consult ws gbout our attractive exchange offer. Pay Reduction Ordered. BALTIMORE, March 12 (Special). — Officials and employes of the United | Railways will be reduced in pay begin- ning April 1 as an emergency measure. Fifteen executives will take a 10 per cent reduction and all other employes, totaling 4,500, will be cut about 6 per cent. In a statement the company said the reduction had been agreed to Ivy the ployes in a spirit of co. Continued h:e:f revenue traordinary vy tax blamed for the cuts. This Lincoln Sport Sedan, run 10,600 miles, looks like new and carries a new-car guarantee. {1 Priced at less than 50% of its original cost, it repre- | sents an unusual opportunity. LEE D. BUTLER, INC. Pierce-Arrow Distributors 1132 Connecticut Avenue. POtomac 0858, FIRST MORTGAGES RATED AMONG THE BEST OF INVESTMENTS There is no test of judgment in- volved in an investment in our 62% FIRST MORTGAGES because the security offered the principal is satisfying—being repre- sented by conservatively appraised improved Washington real estate. The return is maxmmml) liberal, at the same time that it is a defimtely fixed amount, paid continuously throughout the life of the mortgage. Over a Third of a Century Without a Loss May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 925 15th St. N.\W. THERE IS NO SUBSTITUTE FOR SAFETY