Evening Star Newspaper, April 15, 1932, Page 15

FINANCIAL. THE EVENING STAR, WASHINGTON, D. €., FRIDAY, APRIL 15, 1932 BONDS ARE HIGHER |Coxrev vo= BONDS e secunca ] [/RB SHARES FIRM || . ¥. CURB MARKET | JUNIOR BANKERS Received by Private Wire » Star Ofen Received by Private Wire Direct to The Star Office. “mez| N HCHER RA =g ARDED HONORS| BUILDING |N AUIIVE MARKEI g g ll“ g::t :e‘r.s:'.s's'.', sg :(51" ;r‘» = 23-‘ e A G ate. S300. High. Low. Close. |- Diviaend Rate. Auu’?._. High. Low. Close Lib3 32-47.. 51 101 2 # Il Cent 6%s36.... 8 61 58 61% Ainsworth (kife).. 2 6 § f Phoenix Secur Cn:n 28 [ e IICCStL&N 4%s.. 4 37 36 36 Alabam Pw pf (8)..20s 67 67 67 |PhoenixSecupf(3). 2 9 1 CCStL&NbsA.. 23 39 37 39 Alabam Pw pf (7)..10s 73 73 73 | Pilot Radio Tube A. 2 mp 2w L 1st 45 3247 1 100 20 100 20 100 20 : isteelandsadil 1 6% 96w 964 |Volume of Trading Increases | Atied s s P e G DR 5% 3 Certificates for Half Year’s PAYS 8 1 L1st4is32-47 16 1021 10130 10131 2 02 2: U. S. Government lssuesyin.thstiye s st it £ Inland St4%sB'81 15 7% 684 70 Aluminum of 10008 31% Int Rap Trrf5s'66 54 45 4213 45 Alumn Goods(60c) - D pra i Enod. U S 351951-55..219 95 16 " 2 2u i MpinLeat WayinFue. [Slnfaiyu o0 o, BRiSssEGes. 8 4 £ £ | 0 Nomorows Qe eneton ifrEsonti 3 & % 4| Wekashied st e 5 S3%sJ40-3, 97 . 2 5 s . B. 2 Rainbow L £ i i 102 31 102 20 10220 1155 106 4 10529 10530 US3%s1946-49284 96 22 96 96 16 ., 52% 5 Y - - Richman Bros (3 fiififl'—!‘.‘?&'; ;i i 23"' Am & For Pw War.. 2 Rossia Intl... NatlA . Int & Gr Nor 63'52, 30 5 32 Am Founders . Y s | Ruberoid Co (4)...; 5 ew Accounts ici Int&GNad6s's2, 12 7 7 BY JOHN A. CRONE. 3 . St Rogis PADOr. .o, : ; At the annual Spring open meeting Solicited Int Hydro El 6s°44. 21 35% Special Dispatch to The Star. resER e A : ?fflé“&‘"fi%’ix&h'i"’f.ff{dr‘n'{’?'fflr’.'-vné' No Commissions Intataten ba el 70 5 NEW YORK, April 15—The Curb|am yan o (hiis., : : .| Dooley presiding, certificates for the Cho od for Losss Int Pap 6s '55 7 2218 214 Exchange opened active and higher to- | Am Maize Prod (1). 2 10 loo Tndpr i ' 13| Airst .«em»;m were awarded to the rged for Int Ry C A 5s 13, 29 29 day and maintained its initial trends,|A™ Maracaibo..... % SREHARAGARDT. oo 1 junior bankers of the city as follows : > Am Superpower. 9 v ne 4 4 cates— I | o et suans. B 38 4 Dealings increased in the early after-| Am Suber 1ot e (6) herwin Willlams 4 100s : s el Hig el Open Until 5:30 IntT&T soose 5 3 35 |noon, though advances were less rapid | Am Yvette . 2 s Tl 21s American Security & Trust; Eugenie J Government Pay Days Irish Free St 55 '60. 4 { than in the morning trading. :r:fllncht:_n gnA . by 9 Horak, Bank of Brightwood. Edward ey R |t o e e e 13, pint| ATy SO ot Wb b & oo Lo % || 716 11th St. NJW, 3.,..,....5“,,:“ 59% 60% 40 153, Middle West Utilities, at 1, | Asso ¥ Ind Ltd.... 3% [ Stand O11 Ind (1), .. 5 5| Jordan, Lincoln National: Susan T.| s S WS Jnnlnlo!; 1%8'56.. 2;‘ b was unchanged. Cities Service and |ASSOG&EADI%. 23 tand Oil Ky (1.60), 4 Carter, Morris Plan; Clement H. Brooke, | Under Government Supervision ugosl Bnk 7s '57.. 3 = | standard Ol of Indiana were up frac- [ASS0Gas&Ewar.. nd Of Ohio 2% . 2015 | Raymond B. Payson, S. Mason Wagner, | Kan C FtS&M 4536 3 ooy, Humble Oil advanced nearly | A% G&Eallct 160, and P&L B (2)... 9% 9 9. | National Bank of Washington: Reginald Kan City Sou 3s'50. 6 % points and Gulf Oil rose more than|ASS0 G & Ect (8).. 258 tarrett Corp pf. J. O'Donnell, National Savings & Trust: hn it Tor 560, 2o Atlas Utilities. ... 18 5% A tutz Motor Car. ... J. Stone Noyes, Park Savings: Elijah 7 > 3 i BY F. H. RICHARDSON. Sales, High. Tow. 3:85. Epecial Dispatch to The Star, Abitibt PAP 55°53. 11 47" am NEW YORK, April 15—Bonds moved [ Adams Exp 4s'4%.. l :-;a g 18'4 substantially higher today and trading | A'leghany Cp 5s 44 1‘-1 16% continued active as the corporation and | A11eERARY 05 140- -+ 33 ¢ forelgn dollar groups followed United | Am Chain b Ga'33. 5 §2% & oo States Government issues into higher AmF‘l’(.’I 3 -H‘ . ; G Am G Ch 5% ground. Am Intl5s’ 31 At the opening Treasury and Liberty | Am Metal 3355 '34. 13 48 bonds, under the stimulus of another | Am Sm&Ref 5s'47.. 18 ‘m large increase in the Federal Reserve|Am Sug Ref6s37. 2 [0, Bank holdings of Governments, gained | Am T&T 4328 300 C 40, 3, to ' point, and they later extended | Am T&T ¢ tr5s 48. (7 Tqg 0 their gains. The entirely tax-exempt |Am T&T deb ] Liberty 3 Panama 3s and Conver- | Am T&T de " 19 102% sion 3s were pushed up to new high | Am T&T 5125743 B prices for the movement. The Liberty [ Am Wat Wks f=34 3iis at today's pr yield less than [Am Wat Wks 65 % 1.80 per cent, which, in consideration | Arzentine G138 '62. of the f. hat they are not likely | Arzentine 6s 59 Ju to be calle i icates the [ Arzentine 6859 Oc scarcity vaiues that have accrued to any | Argentine 63 A '57. issue that offers an escape from in- | Argentine 6sB '58. creased inc Xes Arm & Co 4%s ther T rnments, not | Arm Del 53354 income, | Atchis 45 1905 - a were quoted arod 5 Atchison gn 48 §:I’ cent yield basis. Brisk buying coming [ Atchison 43§=°48. . e into the low coupon Treasuries still|AtlCLecl sell a discount. ‘The recently | Atl Gulf& iSsuect 3%, per cent notes were actively | Atl Refdb 6s'3 traded at more 1 t. mium. | Australia ¢}38"5 Municipals w i al~) Australia though the upward movement al-|Auatcalie I o Teady carried t to prices where they | Austrian 7s43. . reflect the ease in money rates attend- | Austrian7s ing tbe Federal reserve’s new policy. | B & O 1st 45 °48 New York City will require $146.000,000 | B & O 4 %5 *3 5 Kan G&F 4155 °30. The upward trend today was predi- | Atlas Util war. un Investing pf. .. 9 9% | W. Ball, Potomac Savings; Kenneth Karstadt 65°43. ... cated on numerous factors. The Federal | ' Vot Mac new. e wift Intl (+4)...., 211, Davis, Mirlam C. Fort, Riggs National; Kend 5345 48 ww. . : : 3 serve System by adding more than |Bell TPapf (61:).. 508 6 1 wiss Am ELpf (6). 1508 4 Lioyd R. Coates, Second National; Edna | || ;Erns!:!‘&F;u;\‘d sqs';s 31. 510(:gunn 000 to its United States Gov- ckford pt . 2 Tech Hughes (60c) L. Christensen, Carl F. Herrmann, J O AND SAFETY reug & Toll 5859, 37 : ) | ernment bond holdings clearly indi- | Elue Ridge. § Tenn El Pw 1st 21, | Kennedy Irelan, Lundeen V. Steele, Laclede 5%sC'53.. 19 7 5 :L’(F;imx(hm it is trying to end the|B!ueRidge pf - 2 19% 13 rexon Oil & Ld (1). 3 Daniel J. Tyrrell, Washington Loan & Laclede 53 s D60, 50 | deflation that has been going on in [Blumenthal (S)... E Tobacco Prod Del.. 12 | Trust, and William T. Matthews, Wash- | Fiact i Lautaro Nit 6s'54.. 18 5% 5% | commodities and securities. The whole | Brazil Tr L&P (1). g 9 |Trans Lux DL PS. ington Mechanics® Savings | Leh Ven 4148 2003, 2¢ public utility situation was much clari- | 2T '\\{Q\’\'-lqur{f,}x 3 ¢ o |immecheiB..; Cim“dncdhtenmcgl”_(}nnaL Beaver, | L vers 58’51, 4 oday by the appointment cf a| "'V ELon Tu ol Lamp (1) [ .| Chevy ase Savings; Robert W, . TiE & Myors Tedd; 1 T tver for ‘iho_ Middle. Wesh 'Ottities | Canadian Marcont, 3 Tung Sol Lamp pf 3 Crandall, Commercial Wationar, . 3 ||| First Mortgage Notes Long Il rf 4s 4 Go. and by statements made by the|Cent I &F(80c) 3 'n Gas of Canada 5 5 | MacWilllams and R. Edmund Nowell, | S, 3 Long Isl db 55 '3 Electric Bond & Share Co. Cent Pub SVA..... 2| United Corp war. 2 Federal-American National Bank & | Secured on La & Ark 55°69. . 3913 391 | " peceivership for Middle West Utilities | Cont States Elec. .. Tnited Founders. .. 12 1| Trust Co., and C. Earl Dawson, Second | e Lyons 6s'34 came after severe shrinkage of its| Cities Serv (g30c). § nited Gas. g . | National. Individual Homes McKes & R385 securit Inability to meet a June| Cities Svepf (6)... Tnited Gas war . | Special graduate certificates in com- Manhat Ry cn 4590 2 15 | maturity of $10,000,000 occasioned the Shelo 1) ba 42 4 Inited Gas pf (1) 33 mercial banking—Fred A. Lohmeyer, | An investment medium that Ll A i o biggest utility failure this country has [ Cle¢ Elee lllu160. 2 241 nit LI&Pwr (A) 3 | National _Metropolitan: Herbert . has passed every test. Pro- Marseille 6s'34. ever witnessed. Frcm the point of view ;‘m;{'h M‘:on ® 58 ited L&P pf (6). Schaefer, Riggs National, and James E. tected by fire ms“"n'ce sid Midvale Stl 55'36.,. 3 E of the curb market, however, actual ap- { 3w BACOR U0 5 nit Shoe Mch 21 5 5 Lunsford, Security Savings & Com- Hils guaranticd by & all Milan 6% 5 | pointment of the Middle West Utilities | C0™ 5 . k SDalry A (6).... 1 3 30_ mercial itle guaranteed by financially ( & ¢ Cceiver will ‘do much to clear the | Gons Gas Balt 3.60. Special graduate certificate in invest- | J| responsible title company. mosphere, for such a move checks the | (Ot Sha ker e o 8§ 1 | n ment banking—Fred A. Lohmeyer, Na- ir Corh . E : S & Intl 1st pt. G tional Metropolitan. { 3 58" 2 this and other concerns. il ' nited Stores vte 2 Special graduate certificates in trust T ol Sdion, one of _the| Crevle Petrolei. 2 1 » @i 2| pankingorred A Lohmeyer, Noonal || g MK & Tad] 58 '67. 3 33 | principal operating utilities in the Insull A ) : Metropolitan, and Dalton "A. Cook, | 0 AND MORE MK & Tex 5s A '62. 5 group and which is in no way connected | Deere & Co. -. 58 ‘il Pwrél ctfs, | Federal-American National Bank &| Mo Pac gn 4s'75. g with the Middle West receivership, ral- | De Forest Radio. .. 4 { Utilicy h'gv'm" Trust Co. | Mo Pac rf5s A " 4 3 1 d 12 points in the first two hours| Derby Oil & Refin., Y il Equities pf . The meeting was held in the Gordon p- ™ v b “ond & R. 7, .. > 0 Ve Mo Pac b8 F 77 $ 351, 33 a5 ay, or 20 points within the last 24 | Dubilier Con . Van Camp Pak pf. . Junior High School, followed by a play Mg r:: 5:n 7 3 s. Duke Pow 8 Vick Financ (30c).. 1 | by the American Security Club, and by N B Durant Motor: 3 Mo Pac 5s I '80 .15 1 k. Walgreen Co. .., 3 ¢ 10 dancing. 1435 K St. NW. NA. 2: Mo Pac I 5s'81. 9 35 35 East Util Asso Walker (H) new, 2 P 214 Denominations o] take care of existing contract liability, f but_budget finaocing for the second | R & O ref5s'95. .. half tax collections will be provided for | B & O ref 6s . 3 out of the $151,000.000 revolving fund | B & O P&WV 45’41 already in existerice. Small new mu- | Bk of Chile 613557, nicipal offerings today were Teported | Batav Pet 4135 '42 going well. Belgium 65" Belgium 65 "49. RECEIVERS WILL PAY |Beisiumss: DIVIDEND TO DEPOSITORS | 5etiin®\ 55 Mo Pac 53%s A "49 BONDS ON THE CURB Bond & S new. 5 4 7% | Wenden Copper \ MontBontndters 4 S8 B 8o Dol Flec B&S empf(). 24 3015 3 WartCari st 5 2% 50 50" 5o DEPLETIONS OF WHEAT Mont Pwr 53 A 62, Flec B &S pf (6) Woolwrth Ltd 5%c 6 10% MontevideaTa 53 - 10 17 ec Pw Asso A (1) s B Wrg are 2. » 11| SURPLUSES ARE SHOWN 7 i i = 3 3 3 Dividend rates 1n_doll Mor&Co 1st 414539 14 s ; Noon c P & L op war, guatterly or® semi-anmual® paymont® Ex - ecP&L2APIrAT. dividend tPartl: S 4% Nat Dairy 5 w'48.. 66 9 /8 90" Co 55 52, np G&F em pi(8) Fadll 5" | aFavable A.‘r‘nhr;syhmiwl;"sgni-k'“‘ b Payatie 5 | BY the Associated Press. A Generous Retur!l o YO!.II‘ Nat Steel 5556, 18 Aot GaE 55 B028, smp Pow pt (2.24) 2 113 Sook” AT BNPEE dividend. " fPlus"s% | Some idea of the depletion of wheat || Investment Combined with N Eng T 1st 58 '52 $Amer G&Pow Bs 30! Eureka Pipe L (4). 1008 2 28 o stock. 1Plus 27 in ctock. kPlus 10% |SUrPluses throughout the world is NOT&MG6%s"54. 15 5 ety IR Stock. mPIus 3% instock. n Bius 3% 'ja | Gained from a Commerce Department | Safety, when you Nw 8 Wale: 3 5 A ) ; Hs tea” a3 o S sl 3. 3. 1 |steck DPaid last year—no regular rate. |report which showed that Canadian Nw S Wale: = 5 i e stocks on March 31 totaled 243,300,000 | BUY 3 : Ford Motor ; 8 9 bushels, a reduction of 37,000,000 | ; Y - z bushels from the same date last year. ; KT":-‘AW!‘?\IV- 5 Gram Market The report was based on an official | OUR FIRST :| General Aviation.. 5 ; A Canadian estimate, which stated that | : :114"1:11F{«1‘u\i o 6 215 stocks in elevatms,zaflun and in flour MORTGAGE P o By the Associated Press. mills totaled 176,271,000 in transit, | Gen Tuh § y ; CHICAGO, April 15—Likelihood of 5378000 bushels, and wheat in the NOTES NYC&StL5%sA'T4. 3 Gen Theat E > s 2 © hands of farms, 58,651,000 bushels. | NYCA&SIL 15t 65'32 62 Ariz L&P 55 G % 66 some moisture relief in drought terrl- Wwheat held by farmers there s 35.000,- || Sccured on new brick homes N Y Edison 5s B'44 1Cen I P 8 4%. 5 - en Alden Coal Bpecial Dispatch to The Star BALTIMORE, April 15.—After a wait of nearly 30 years, creditors of the old City Trust & Banking Co. that went into the hands of receivers are about to reccive what is believed to be a final dividend. Some will get as little as 1 cent. It is the fifth divtdend since the benk failed in June, 1903, and will bring the total paid depositors and others about 40 per cent of their claims. Most of the depositors of the defunct | Bkiyn Man 6. bank had forgotten they ever had an | Bklyn U'nG account there and the dividend notice | px| came as a surprise. Budapest 6s 62 George Dobbin Penniman, one of the | Buenos AR 6s '61 Teceivers, said the dividend checks will | Buff Gen El 414s'81 be mailed in about 10 days and will | Bush Ter con 55'55. Tepresent 0067 per cent on $421.287.94 | Bush T Bidg 55'60.. which the bank owed to 2,015 depositors and others. idend was made possible by collecting $2,823.19, mostly | from an insurance policy that was not known of at the time the bank failed, said Mr. Penniman. The receivers spent 2 cents for a stamp to send out each notice and will e spend an additional 2 cents to mail each o ose n Nor 43 check. Thus, said Mr. Penniman, it or db 6% 46 Can Nor deb Ts '40. Can Pac db 4: N Y Centdb 4s'34. 88 NYCref41%s2013 14 NYCrf4%s2013n 11 N Y Cref 5 201 10 N Y Cent db 6s'35.. 5 NYC&SIL 4148°78. 8 e 2830 s Canada 4%s '3 Canada 4s 60., Canada 58 °'52. . Ny Kainon ka0t : . Sopaldm con I ¢|tory led to early downturns of grain 000 bushels under the volume of a|| in preferred morthwest resi- N % s'41. 5 " 5 5 slobe AW 20c. 8 E F - = A | ve P | S el }r,“ji‘ 5 : . 3¢ 8 .-. s o | Gl mn ;Blufls today. Indicaticns, however, were | YEAr 8go. dential sections. E ery mort- NY NH&H 3% 54, f 7 Cent 5‘“,!--,,’”2,'\ | Gotham Knitbask., . or continued absence of rain through- | gage ['ra!crtrd by fiVe insur- NYNH&H 4s'56.. 5 53 5215 53 16 S Par 3123 2% 3 30 ‘| GLA & P Tea pt (1) 3 out districts where moisture was | 5 i XY Nmen e 1 5 ¢l celsts0, S 3 Gmiu“n, oo 4 Fpitis most| DIVIDENDS DECLARED um; anill|1![;'iqnaaran;ct;qegy >, g Y > clt 65 3 | Hackmelster Lind. 5 Opening at % to 1 cent decl: vhest | — responsible title companies. c b LI 5 = : g cline, wheat e n Nat Ry 4 NyRHAH 65t 14 L : Hartford El (2.75) 51 afterward held near the initial limits.| NEW YORK, April 15 (#).— Conservative Appraisals Insur- B ety 5 y : roTNe ) e Bl 38| Corn started 1i to 3 off and subse- Extra, ng Absolute Safety NY S&W gn 5540 - ; 26 d 3 ygrad senee E quently steadied. Stamford Tr (Conn)..$1 May 2 om 7 5 | Hygrade Sylvan 13, 5 . e IN DENOMINATIONS OF N Y Telgn 4%s'39 3 NY W, it 5 3 Imp Oil of Can §0c. , 1 Tobacco Se Tr Ltd..5% .. May 17 .......| W ke 8. 5 - 5, - | e BE s e eh : 7 Cont G A58 5 53, |Ind Pipe Line k3sc. : N Y 5 Reduced. $250 Nor & Wn cn 4s ? 9 1 Deln E Pov i i InsCoN Am (2)... 30% 3 New Ol']\ CO"OD | colum Gas & EL.*25c .. May 15 Apr. 25| J 23 Edis E 8 3 1 1 Insura Sec. % | Hadley Falls Tr (Hol- and upwards orth Am Co 5 : 2 ] it T ! Soke, Mass) . 1150 Mar. 28 P 9 Q asr AT 4 7 Federal Wat 3 2 4 Int Petrol (1), b: § A B R BOSS & PHELPS Nor Am E e es. . 3??»(’:?3- 5 4 tiys | Pt EeLa : : 5% | special Dispateh to The star. SHawinigan W & P.sc @ it = N b 5 Gatinea 5 3 (3 52 Int Util B = NEW YORK. April 15—Openin 1417 K St. Realtors. National 9300 Nor Pac gr 35 2047 5 5 E ; 1 biceim e e cotton prices today wWere off 2 points et PRI P A o Apr. 25 = Nor Pac4s"97...... gatines & 3 SHep DEit0e. to up 4. Trading was fairly active, with | = o Y Nor Pac 4145 2047.. 2 5 2 . | Lack See (4)...... a brisk demand from the trade for May Onmyttey- r‘:-;r(hkzfl:'ll. zg 4 3 v Wk akey Fdy & Mch. ¥ contracts, ~ Nor St Pw 55 A '41. 9 9 9 8 Raz 55 ake Shore M (2).. 2 Opening prices w X Nor St Pw 63 BH41. ¢ 2 Loh Coal & N (1), July, 648 pum;mneégd.mgkgbfi b 1% Norway ba'63. 2 Lone Star G n(60c). off 2; December, 6.88, unchanged: Norway 5%s '65 5 5 > 3 y Magdalena Syn. ... January, 6.93, unchanged, and March, Mass Util Asso. ... 713, up 1. \ will cost 2t least 5 cents to pay 1 cent in many'instances. Can Pac 4355 '46. Average Yield 10.81 Per Cent. | CanPac4s'60. Can Pac 68 ‘54. .. NEW YORK, April 15 ().—The aver- | Cont 111 E&G £s ‘51 age yield on the 260 active cash divi- | cony = "ae dend-paying common_stocks listed on | Gams pae e ven 49¢ the New York Stock Exchange Was|cen Ry NJ g 5u 87, 10.81 per cent at the beginning of ATl | Cert-td db o 5s *43 - according to a survey by Moody’s. ThIS | Ches Corp 55 47. .. contrasts with 9.70 per cent on March 4 1 and 1052 per cent early in February. |C &0 gen 435592, The weighted average cash dividend | Ch & Oh con 5s '39. rate for 600 identical common stocks|CB&Qen4s'ss.. was $1.67 per share on March 31,(CB&Qrfss 71, 5 L Mavis Bottling A | 12%3¢ 3 Inter Pw Sec | 5 = = = == ity B (Chic) $2.50 Orfent Dev 65 '53. 58 TR Mead Johns (13%). : ] TR AR 5 against 31.76 at the end of February ”:gE*',IUS 51. Pac AT s 42 2 { 5 4 Mexico-Ohlo Til. 8 g Buying of Liberty Bonds. % 1 and $25¢ a year ego. The peak rate | ChiGrt West 48’59, . g 91, § T 8T 0 Midl West Utilities NEW YORK, April 15 = Y £ Pac T&T 1st 3 0 5 = % b . April 15 (Special). Regula guring the last three years was §3.06,in | O\ M&SIP 4355 E. Pac T&T rf 58’52 9 3ln 410 58 57 | MoKansPipeL... The recent increased buying of Liberty | au sate pep (N ¥).§2 March, 1930. CMATET s Pan Am Pet 65°34.. 1 4 jpscra 88 8l A shpste bonds by the Pederal Reserve Bank is | Capital Man Cor . 35 — — ChI&NW 4348 2037 Paramount 65 '47. 25 8 Eoover : it StT&T (8). 10s 2 |reported to have been in preparation | CpATIZ LEP ¥10 LTS o ChI&ENW 1348 ' Paris-Lv M 6; diie * B 1 Aviation..... 3 31, | for the extension of support to the city Bak Co pf.. 31715 Washington Stock Exchange. | chifc N cxcro 140 Paria-Ly M 75" 3 108% 103% 107 hieh P 8 65 2026 61 : Bnd & Sh (1)’ 204 2010 2m} |stock market. With the member banks |Coc Coia Bot Cor,ci & et et e i Penn 4%sD '81.. 9 9 s Gas 5 21, 82 Nat .5 g 957 99 |disposing of their long-term Govern- | oB' T %168 SALES. 1&NW rf 55 2037 %s I ; ol P , ] Col Ry P&L pf B 5163 o 3 . i Rwys 58 3 Penncn 4%s 9 8 4 1 A 180., ;| ment bonds they are in a position to | Disher Steel Const cl A ‘Washington Gas 6s “B"—8$1,000 at 102.! > gy Penn gn 414865 4 % - atl Fuel Gas (1).. § utilize their ources toward stability | _ pf 3 Chi RI&P gn 45 '88. ¢ EAR atl Investors 3 : in the st rket and increased | Eauic ir Ga oWl o1 AFTER CALL. ; Chi RI&P rf 45 '34. Penn4lasD'T0.. 5 b- - 3 Mo . (4 6 Natl Pw&Lt pf 3 riept S0cK Ml an reased | Equit Tr Co (Wilm)._$1 " 500 [CPIRI4%s"60. Penn 4%=n"63.... t'p s b 3 "Wa&Lt pf ( LE: § 8 usiness activity Tampa Elec........ 56¢ Washington Gas 55—$1,000 8t 100; $500 | vy (/8 000 Penn 55 64. .. .. : 0% 23 1 Rubber Mch 2, 2 Because of the improvement in the | De. pf . 3173 at 100! SE in 5s'60. . e Nt Short Trm p3se 4 , ok Pibreb Pr Pr pf._ $1.50 8. - Chi Un Sta 41563 Penn gen 68 '68. E : m pise general banking situation, as attested pirst Na Bk of Cin 36 Potomac Electric 6% pfd—3 at 110. Chi Un'St 5844, .. . 9 Penn 6%5'36. ... o 5 5 Nelson Herman. . .., 4 2| by the return flow of money to the Freeman Dairy pf$i.75 Norfolk & Washington Steamboat Co.— | ryy 110t P8 Ahioe s Penn P&L 4%s '81. 3 NY P &D o ew Jersey Zinc 2. 2 4 banks and the smaller number of bank | orne (Joseph) pf 150 8 at 135, 1 at 135. Chi Un Sta 6 %563, Peop Gas ref 55'47. 2 Nor Ind P8 41,5 E 2 5 ¢ | New Mex & A Lind . closings, it is expected that less atten- “Mar 3 - s * Marcont Intl Mar Mergenthaler Linotype—10 at 36'5. Pere Marq 44380, 1No Ohio P&L 5! Y Tel pt (612).. 200s 112 tion will be given to the policy of = Rek ..o oo C& W Ind cn 4552, 5 M 1st 58°56. 5 4 : 0 Niagara H Pw(40c) 47 4% keeping liquid De. Am De Ret 50 BONDS. Pere M 1t 58°5 ping liqui C& W Ind 5%s'62. ., Foru 83" . e . Hud Pwr(n).. 3 133 The banking institutions now are | isp aoid eebiy ¢ Bid and Asked Prices. Cedee Peru §5 oy TR 1306 1hel 10 HPwBwr. .| 114 expected to begin purchasing securities. | Monroe Cal M pf.51.75 : : oH g -2 % | Country banks recently have appeared N¢or Bro of West Can PUBLIC UTILITY. . | Chile 65°61 Jan Phila Co 65 67 Niagar: e, Md, «|in the market as buyers of hpnds. | Bicreer Ml Ltd " Amer. Tel. & Tel. 4135 '39. 1007 A n ‘:"'5:&5-,‘- Phila Elee 45T 53 89 : ¥ 4 5 PR 4 = =i [Bme Ay Pass By 53 m e ¢ 5 ile C .- p 3 4 g et Colvare sia 0. e ; K North 8 Pw pf (7). . 55 {000 50 years ago, has decreased one- | JEi°h Invest o ...30c Colomb 6: ‘ Pirelll 7 '52.. . L B e X Novadel Agne (4) p third *Payable in 57 preferred .. | Colomb 65 '61 Oct. P& W V4lsCi60. 7 7 Southern N G 65 '43 31 Pac G&EL 1st pt 1% 24 0% ] Col GEE 58°52 May 28 3 Poland 65'40.... 5 So IAE | 53 5 Pacifl West O 4 | Col Gas&E156s61.. Poland 7s'47. 3 9 nd GAE 58% 3 : i 3 46 o7 | Com Inves 5%s-45. Poland 8s'50. .. 18tand Gas 31 51¢ 31 81| Penroad Corp.... 2 1 1001, | Cons C Md rf 58 50 Port Gn El4%s B nd Gas 5 50 | Phila Co new (k90c N 1 100 * | Con G NY 4348 '61. 314 | Por R Am T 68 '42. i 2 y Siang v, 102': | Con G NY 5%8"45. 3 Pos Tel & C 5353 andard P&L Con Pow Japan Ts.. Prussia 6s '52 2 1t Consum Pow 5s '52. Prussia 614 B 3 Y w h P d 100i; | Copenhag 4345 '53. Public Serv 43 71 5o 6 e as| mgton roduce 5 i3 * | Copenhag 5s ‘52 94 | Pub Sv G 414567 Jnit 1 5 5 5 X & Cuba 5%s 4 3 3 9%, | Pub Sv G 4148'70 § Rub 6tas "3s 2 | = E NO. 8 of a Series of Reasons why—when STOCKS Cuba R R 1s 8 Pure Ol 5338 '37, 4 s g 8 5 Butter—One-pound prints, 24; tub, 23 selecting a Bank—the Columbia National IR Cuba RR 7 ar Pure O115%s'40. Eggs—Hennery, 12; current re- Merits YOUR Consideration, : UTIL ] Czecho 85 '52 Queensiand Ts’41.. 3 ceipts 11, Del&Hud ref 45 '43. Rem Arms 65 A 37, 2 5 ir 3 Poultr; alive-—Old toms, 15a18; Denmark 4 ; 2 o) g > Dentiaek At Rem RE%sA4TWW 6 : ¥ young toms, 22; hens, 23a26; crooked Rhinelbe U 7546 , 11 : : ¢ Denver Gas §s'51.. 3 Rhine West 63 *5: l5 F 9 on M 4 breasts, 18; Spring broilers, 114 ? > Denyer Gian i | 3 652, { 4ol ‘;r&nfi: t 6558, . 14 ako C; % 512 5¢. | pounds, 25a27; Leghorn broilers, 20: > D& RaW S E w14 Pub Wk 3 3 | Winter chickens, 18a20; stags, 12; hens, Dot K:rhd(‘l!’l Cal u*g:‘,, ]h«rgc. 16a18; medium, 16al8; Leghorn 0 de Jan 6% 8 ‘63 . lens, 13al4; capons, large, 30a32; [ 2 . ‘1 o L T Blode Juntads. - issued. small, 20a23; slips, 18; Toosters, 10:| [ is measured by the Ability 8 r Do Sul 63'68... eats, young, 45a50; old, 25a30, i %, I:)m‘:u::r;'r::‘:,! 10 R Cr W isctaiss Tolity. dretied—tonies o foms z of a Bank’s Management . . . Dutch Fast I 6847, M e Third Avrf 45" on gg¥e 435 [18a2l: young toms, 25; hens, 26a29; . Those who direct the policies of the Columbia National Dutch East I 6362, ElAs et 2 e crooked” breats, Spring - broilers, : represcni experience and conservative ability from all lnes ¥ 3 simess . . v cessful in their own = Baivador3s 4t Royal Dutch 4s°46. 16 ’ Tob P.NJ 6148 2 5 broilers, ?3;}24‘.”\%’:‘:?& ififfléns’,‘:}};fi? < 2 Shdtaeare” Fhui stsuring Lhe ame carchul jodsment and @ con 4596 ! > SILIMR&G 4533, 4 57 5 L I 981 g stags, 15; roosters, 12; hens, large, i i tandi 9 ¢ it 23 2 v 1555.. 2 19a21; hens, medium, 19a21: Leghorn 3 ) = nd” s¥mpaihelic undersianding of the reauirements o le gen 4396, _ F44aT8. 50 : . o1 |hens, ' 16al7; capons, large, 33a3 i Erie rof 6367 StL&SF 55 B '50.. 12 2 o small, 23a26; slips, 21; roosters, 13; rie ret §s 75 StL SWends's . 5 ot 128, . 54 54 54 |keats, young, 60a70; old. 30ad0 ! : ¢ Finland 6s 4 3 3 | StL SW 15t 5852 5 5 a5 4 29 Meats — Beef, prime, 14; good, 13; 4 e | PRt By vaasigent |t Fisk Rub 8s "4 a0 Pau Ts '40. .. 9 1] . ki veal, top, 13; good, 12; lamb, top, 18; ROBERT H. LACEY. Cashier Fla E Coast 5874, Sao Paulo #2350, s guod, 17; pork loins, 16; fresh hams, o AUBERT E. YEATMAN, Aset. Cashier Fond Jag 41 94 | Saxon P W 633851, 32 9% 197 | Un P s 15; smoked hams, 7; strip bacon, 17; =L = Fram Ind . Saxon 78 '45. 13 2 Unit Drug 5 s lard. 7': compound, 7. & 3 5 WALTER B. GUY. General Counsel ; French Gov i 5 Cr-S17s'62.. & 30 | Utd King 63s Live stock—Hogs, lights and medi- \ - 280 French Go 7 s1. S18s°62.. 2 X > ums, 4.50; heavies, 3.75a4.25; pigs. { L Directors: =28 Pt i 49"' g: ” :: VAL 4.00a4.50; roughs, 2.00a3.00; cal\e;. 3&0 : i | : Shell Un Obs'49ww Jd 8 B#eAGL, 5 46.50; lambs, 4.00a7.50; Spring lambs, i HAI JAMES A. MESSER RANCE Gen Baking 6%s 3% | Shinyetsu 638’62 8 Ud St W6 51. 2 |9.0089.50. e ! \ i JoskeN B NIAN m SaTsiehlay SmeOniNE . 0 L o 2 271 2 Fruits — Strawberries, _pints, I € FENTO! LE THEODORE oves 133 W ¥ 5 84 inc 'j”"!;\ 31 9 ‘,“"L"I-;»‘&"' 64 quarts, 50; apples, bushel baskets, B . FOX vr.ta"% §ATRATT. 3 A B 5 A 2 40 i i e g TEiL P 55758 v 75a1.25; fancy box stocl 1 8 DAVID J. KAUFMAN FRANK 3. STEYKER ) 6. . SinabiliSe Al s g8 UM Ew B wld oranges, 3.50a4.50; lemons, 50; GEORGE M. LEIMBACH JON'N. SWARTZELL 82 31 BRIy ONBERAS (A Utll Pow 5% 847, . 11 grapefruit, 2.25a3.00; honeydews, Chile, M HARRY 5. WOI © 29% o9 | Solvay AmSs-42.. 2 Vanadium St 5541, 19 ; 1.7522.00; pears, 3.50a4.50; alligator Ger CenBK 65°600 60 30 20 30 |Sw Bon s iaatie: 1o Vienna 6 wees 10 543 f pears, 2.00a3.00; pineapples, 4.25; ba- German 6%s ‘50 6 1% 2 ow l;‘mTls:A g«. : Va Ry 4158 .14 nanas, 1.00a2.00; limes. per 100, 2.0 e 10 59 bl i e ; S| VaRy & Pwieas. 4 rhubarb, hothouse, 75a85; plums, 1508 er C 38 31 1 08 Ee Pat 16 3% | va Ry 1st 55 A '62. 30 85 3 |2.00; nectarines, 2.50; cranberries, 4.50. | Goodry OB B S15n 89 ww. 1% 0] 5 S = Vegetables—Potatoes, Maine, 101 | Goodrich 6s 45.... 9 41 Sou Pac 4%s 81 25 [ Wabash 4%s°78... 1 3 d sacks, 1.25a1.40; New York, 1.1 Goodrich 6% '47.. 13 T7'5 | Sou P&Or 4 %8 A'T7 3 Wabash 1st5s'39.. 8§ |y o g gl ) Goodyr Rub 6a'57. . Scu Ry gn 48 5| 12 Walworth 65 A '45. 3 12 582,00 seed, 150-pound sacks, 1,758 Grand Trunk Sou Ry Warn Br Pic 65'33., e N MO Grand Trunk 35 | Warner Sug 75 "41. SR e et e Grt Nor gn 78'36. . Sou Ry 6348'56.... 5 Warsaw 75°58..... B Greek 26% | StOIN J 6846, .. 133 West Eldb5s'44.. 3 cabiage.” 20042:107 cslery, 3 Beoples Brus Stores pid. 161) g 4t | SLOUN Y 434n 51, West Md 45 A '52.. Sesuiaat, 200a350; pePweR Real Ext. M & G pf Sweden 5% s '54. .. West Pac 53 46 Ty pipes THROUGH MORE THAN A THIRD OF A CEN. b TURY OF FINANCIAL ACTIVITIES IN OUR NATION'S CAPITAL IS THE RECORD OF THIS ASSOCIATION. YOUR ACCOUNT IS INVITED. Deposited Monthly . L . Open Daily 9 10 § Saturdays Until Noon 5 ! : during the remainder of this year to 9 393 98 4 flood of rumors and conjectures about o : pOLOD OO ¢ & C Ci 000%000000 OO DOOOO 0Z000%0 © © 8 2 3 7 5 7 Security " 8tora 5 7 84 3 Ter. Re 2 .4, Hud & M ad) 58 ‘57, 48 49 |BvissSue’us, et ooon b 3 turnips, crates, 3.00a3.50; beel 3 4 1 6 8 4 Humble O11 5337, . 99% 994 | Talwan E P 534’71 3.00; carrots, 3.5024.00; home-grown, Med. Bide i Humble O 5%s'32. 55 100 100% 100% [“Tenn E1 P 63 A *41. ‘ z’é'f;‘,?;‘,;,":‘; 3 bushel, 2.00; tomatoes, 6 pans, originals, Wawd. & 4 oa Hungary 7%8'44.. 4 35 84% 35 |Ter AsStL4s’ WH&C&J b Abdy 250a3.00; repacks, 3 pans, 2.25a2.50; dwd. & . nees Tex Corpev bs '44 Wih T L SE mushrooms, 85a1.00; peas, California, 111 Bell Tell 55756, . 22 10115 1014 101% | Tex&P 1t 55 2000 WOty Shits crates, 5.00a0.59; Florida, baskets, 3.00 JiPCentcltr4s’s2. 1 50 60 Tex & Pac 58 B'77. Yokohama 6s '61.. a2.50; squash, 3.50; lettuce, Iceberg, Il1Centcltr4s'53. 4 35 85 352 Tex& P#sC'70 ¥gstn S&T 55 A 4 2.25a2.50; asparagus, California, dozen TiCentrf4s's5... 2 45 45 Tex & P is D80 Ygstn S&T s B'7 bunches, '4.00a6.00.