Evening Star Newspaper, April 20, 1932, Page 14

FINANCIAL, THE EVENING STAR. WASHINGTON, D. (., WEDNESDAY, APRIL 20, 1933. HIGH YIELDS NOTED OND. . EXCHANE Several Issucs Listed on Local Market Are Re- turning Big Interest. BY EDWARD C. STONE. A glance at the securities listed on the Washington Stock Exchange re- veals some unusually high yields, al- though ft should be borne in mind that high yields do not always indicate the real value of a stock. At present the highest vield on the Washington Ex- | ehange is obtained on Carpel Corpora- | tion stock, which is returning 22 per | eent. The present dividend rate is §2 & year and the last sale was made at 9. Real Estate Mortgage & Guaranty | preferred, paying 60 cents a year and seliing at 4!, is yielding 14 per cent. | Capital Traction, selling around 13, is Yyielding better than 13 per cent, while two local utility bonds are yielding 12 per cent, Anacostia & Potomac Railroad first 55 and City & Suburban Railroad first 5. Capital Traction first 5s return 9.7 per cent st recent prices at 61 ‘Washington Gas Light 6s, series A, ate elding better than 6 per cent Norfolk & Washington Steamboat Co. stock is vielding 8.8 per cent at present quotations. Federal Storage preferred yields 10 per cent. Mergenthaler Lino- type over 8 per cent, Merchants' Trans- fer & Storage preferred 9 per cent. and | Lanston Monotype 9.2 per cent. Peoples Drug Stores preferred now returns 7 per_cent. while Woodward & Lothrop preferred pays the investor 6.5 per cent In the unlisted section, Chapin-Sacks preferred returns 7.8 per cent 1 The Potomac Power preferred issues are both yielding well over 5 per ceni d Washington Railway & Electric eferred returns 5.5 per cent. These ues, selected at random. do not in- clude any of the local bank stocks which are paying regular dividends on & lib- eral basis. Banks Earning Their Dividends. Washington owners of New York bank stocks are greatly interested in the first-quarter reports from some of the leading financial institutions in Gotham. It is learned that many banks in New York more than covered their devidend requirements in the face of the high percentage of liquid re- sources, which necessarily mean lower earning power. Some institutions re- port an increase over the same quarter in 1931. Selected at random, some of the earnings, with dividends paid for the quarter, follow: | { Earnings Dividend | Per shr. Per shr. | 71 s National Ci Corn_Exchange Chemical Bank & Trust Continental Trust Empire Trust Guaranty Trust Trving Trust *Manufacturers New York Trust Public National Merged with Chatham Phenix on" Feb- ruary 9. 1932 Earnings of 46 cents per share are only for the seven weeks from that date to March 28, 1932. Increases over 1931 were shown by Bankers' Trust, Corn Exchange, Em- pire Trust, Irving Trust and Manufac- turers’ Trust. Coast Line Adds Director. All officers were re-elected and Roland L. Redmond, New York lawyer, was added to the board of directors at the nnual meeting of stockholders of the Atlantic Coast Line Railroad Co., yes- terday at Richmond The new board of directors reelected all officers with Lyman Delano, who succeeded the late Henry Walter as chairman of the board, retaining that pasition. The reports of the president and di- Tectors showed that gperating revenues for 1931 were $54,088,004.97, a decrease from 1930 of $8,931.951.91, or 14.17 per cent, and were less than in any year since 1917. Operating expenses for 1931 aggre- gated $43,188,470.55, a decrgase of $6.- 496,989 46, or 13.08 per cent from 1930, being lower than in any year since 1918. . Phone Stock in Limelight. It was stated recently that there are 10,000 holders of American Telephone & Telegraph in- Washington, and that no doubt explains why so wide interest is being taken in the stock right now. I opened on the New York Stock Ex- change today at 99, again selling under par. At its low of 97% yesterday, Ameri- can Telephone was selling lower than it had been at any time since 1921, when it touched 953;. In 1914, when the Stock Exchange was closed, the low- est price officially recorded was 114; in the 1907 panic. it sold as low as 88 and in the 1901 market smash it touched 151. At the moment, there are some 665.- 000 shareholders, giving the company the largest stockholders’ list in the wotld. Evidencing the public’s confi- dence in the shares, holders of more than 1,000 shares sold 200,000 shares in 1931, while holders of fewer than 1.000 &hares absorbed 677.000 shares, includ- ing part of the latest offering. In the first three months of 1932, says the Wall Street Journal, sales by holders of 1,000 or more shares aggré- gated some 180,000 shares, which were Teadily absorbed by holders of fewer shares, largely by holders of fewer than 100 shares. Both foreign and employes' takings have increased to record pro- portions in the last six months. Daylight Saving Next Week. Washington brokers and the mem- bers of their staffs will have to arise with the birds next week, as daylight savings time goes into effect on the New York Stock Exchange. All the big markets will open at 9 o'clock instead of 10 and close at 2 instead of 3 o'clock. Notices have already been posted in the local board rooms call- ing attention to the’new schedule. The investment houses in this city also con- form to the earlier hours as their ticker service is also advanced one hour. The Summer plan is always popular here, Mergenthaler Much Stronger. Mergenthaler Linotype was the most | active stock on the Washington Ex- change today, showing great improve- ment. The stock opened with 30 shares selling at 35. Ten shares then sold at 37 and five more at 37%. Fifty shares then sold at 38, 52 more at 39 and 10 more closed the day's trading with & jump to 41. The market closed with 42 bid and 45 asked, the day's sales reaching 157 shares The other type stock. Lanston Mono- type. was also out, three sales involving 40 shares taking place at 58. The only other stock traded in was Carpel Cor- poration. 25 shares selling at 9. a jump | of 2 full points from the last recent | sale at 7 Bond trading was confined to Wash. ington Gas Light issues. $1.000 Wash. ington Gas 5s selling at 100 and $200 ! ‘Washington Gas 6s, series B, moving at 1003, ‘The board of governors of the Wash- ington Stock Exchange today estab- lished minimum prices on the miscel- laneous stocks listed on the local ex- change. All public utility stocks and all bonds still are open to free trading. The National Credit Caqrporation, formed last Fall to extend emergency aid to banks, announces that on April 22 it will redeem another 10 per cent of its outstanding gold notes. The pay- ment will amount to about $45.000,000. Two previous redemptions, totaling 30 per cent of the capital, have been made. ‘The Seaat= Banking and Currency Committee hes reported favorably upon th= Norbeck bill, S. 2409, which would | make the debentures of the Federal | Intermediate Credit Banks eligible col- lateral for members of the Federal Re- serve System to use in borrowingz from the Pederal Reserve Banks. The twin bill. introduced by Representative Steagall, has been reported favorably from the House Banking and Eurmwy Trust ... ~Prev 1932~ High. Kl 98 60 FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Stock and L Low 1 Ahitibi Pwr & Paper. 84 Abram Straus pf (1) 8 Adams Express. .. 215 Adams Millis (2) 2 Adv Rumley. . 39% Alr Reduction( 11% Alaska Jun 1 Alleghany 2 Alleg Cppf $30 ww.. 1% Alleg Cp pf $40 ww. . 11 Alliance Realty 58% Allled Chemical (6). 9615 Allied Chem pf (7). . 7y Allis-Chalmers(50e) Alpha Port Cemt (1) Amerada Corp (2). Am Beet Sugar pf. 44% Am Can Co (15) 104% Am Can Co pf (7)... 41 Am Car & Foundry.. 20'% Am Car & Fdy pf (T) 2 Am Chain €15 Am Comel Alcohol. . 214 Am & Forsn Pwr. ... 8 Am&Forgn Pw(T)pf. 4 Am & For Pwr2d of. 364 Am Home Prod .20 12 AmlIce (2)... 5 4% Am International 5 Am Locomotive 30% Am Locomot pf(7).. 1315 Am Mch & Fdy 1.40 13 Am Metals pf. 23 Am News (3). : 6% Am Pwr & Lt (31). 31 AmPwr& Lt pf (6). 4% Am Radiator (40e).. 98 Am Radiator pf 7 Am Rollinz Mi 161 Am Safev Raz (3) 715 Am Smelt & Ref 8% Am Snuff (13%) 1 Am Steel Fdry pf( 2%, Am Stores 11214). 7% Am Tel & Telez (9). 62 Am Tobacco (16) 66y Am Tobacco B (16 Am Tobacco pf (6).. Aujer Type Fdrs pf. 181, Am Water Wks (3). 15's Am Woolen Co pf... 4'5 Anaconda Copper. 11% Anchor Cap (2.40) « Archer-Danfels (1).. 32 Armour of Del pf(7). 1 Armourof 111 (A). 13 Armour of Il (B) 1's Associated Apparel 3ty Asso Dry Goods. 32 Asso DG 1stpf (6). Atchison (4).... 3 Atch To&S Fe pf(5). s Atlantic Refining (1) 60 Atlas Powder pf (6).x 414 Atlas Stores (60¢) 37t Auburn Auto (f4). .. 13% Austin Nich pf A 1% 1 Autosales 7 215 Aviation Corp 3% Baldwin Locomotl 1014 Baldwin Loco pf 81, Baltimore & Oblo. . 11% Balto & Ohio pf...... 4 Barnsdall Corp. 7 Bayuk Clgars 40 Bayuk Cig 15t pf(7). 211 Bextrice Cream (4).. Beech-Nut Pkg (3).. Belg N R pt pf t4.81. Bendix Ava (60c). .. Best & Co (2). Bethlehem Steel Blaw Knox (50¢). Bohn Alumn & Bra Borden Co (3).. Borg Warner (1)... Briggs MIg (1)..... Bklyn-Man Tran (4). Bklyn-Man Tr pf (6) Bklyn & Queens. Bklyn&Queens Bklyn Union G: Burroughs Add( Bush Terminal(2%). Bush Term deb (7).. Bush Terminal pf(7) 6 12 2 a9 18 ornia Packin, Calumet & Hecla.... 31 Campbell-Wyant Fy. 6% Canada Dry (1.20).. 10% Canadian Pacific 1% . 25% Case (J 1) Co. & 45 Case JDDf(D).... 614 Caterplllar Trac (1). 134 Cavanaugh-Dobbs. 9% Cent Aguirre (1%). 47 CentRROfNJ..... 51 Cerro de Pasco Cop. 12% Ches & Ohilo (2%) 61, Chesapeake Corp(3). 1% Chi Great Western. ., 5 ChiGreat West pf 1% Chi Mil StP & Pac... 413 Chi & Northwestern. 2% Chi Pneu Tool. . 34 Chi Pneu Tool pf. ... 4% Chi Rock 1 & Pacific. 10 ChiR1& Pac7% pf. 8% Chrysler Corp (1)... 15 City Ice&Fuel (3.60). 93% Coca Cola (13)...... 45% Coca-Cola (A) (3)... Colgate-Pal-P (2%). 78 Colg-Palm P pf (8).. 4% Collins & Afkman. .. 61y Columbia Gas (bl).. 243 Columbian Carb (3). 7% Com! Credit (1)..... 19t Coml Credit A (3)... 161 Comel Inv Trust (2). 513 Comm Solv (60c).... 2% Comwlith & Sou(30¢c) 46 Comwlth&Sou pf (6) 8 Congolm Nairn (1).. 2% Consol Film........ 48% Consol Gas N Y (4).. 81’4 Consol Gas NY pf(5) Consol Laundries(1) Consol Oil Corp. ‘ontl Baking (A). ontl Baking (B). Contl Can (2%). Cont Insur (2.40). Contl Motors Contl Oil (Del) Contl Shares. Corn Products (3) Coty Inc Cream o t Crex Carpet. ... Crown C'’k &S (1 Crown Cork pt (2 Crucible Steel pf (T). Cudahy Packing (4). Curtis Publish pf(7). Curtiss Wright....., 1% Curtis Wright (A).. i “utier Ha Davison Chemical. .. Deere & Co pf (1.40). Delaware & Hud (9). Delaware Lack & W. Detroit Edison (8).. Diamond Mateh (1) Diamond Mtch pf 1% Dome Mines (11.20). Dominion Storestl% Dresser Mfg A (3%4) Dresser Mfg B (2).. Drug Corp (4)...... Duluth S $ & Atl.... 30% Dupont de Nem (4).. 89' Dupont de N pf (6).. 52% Eastman Kodak (5).. 4'¢ EatonAxle& Spr §0c. » Elec Auto Lite (4)... ec Auto Lite pf(7) lectric Boat....... ec&Musical Instru 3 Elec Pwr & Lt (1)... « Elec Pwr & Lt pf(6). Slec Pwr & Lt pf(7). orage Bat (3) R 2d pt ireka Vac (a2). Fed Lt & Tr (31%3).. 2 Federal Mot Truck. . 3ta Fed Water Service A 10 Fed'd Dep Strs (80c). 14 Fid Ph Fire In(2.60). 11% Firestone T&R (1).. 49 Firestone T&R pf(6) 395 First Natl Strs (234) 4's Foster-Whealer..... 15% Fourth Nat Inv 1.10., 50 S Gamewell Co (1).... 16'% Gen Am Tank Car(4) 7% Gen Asphalt (1) 11 Gen Baking (2). 115 Gen Bronze.. 2 Gen Cable (A) n Cable pf. sen Elec (1). . spec (60c). en Food Corp (3).. n G&E A (b6 % stk) n Gas&E ev pf(6). n Mills (3). Gen Motors (2). Gen Motors pf (5) Gen Outdoor Adv. . Gen Outdoor Ad~ (A) 40% Gen Prtg Ink pf (6).. 1% Gen Public Service... les— Met. Dividend Rate. Add 00 High. Low. Close. Chge. 1 1 84 B4 34 3w 224 22w 2% 39% 13% 1% 24 11 59 2008 5105 70 1008 » 9 T TSR < P TS TR S P, - [ - T 2 e 8o SIS B MR NS A O b b 5003 e w s —Prev. High 28% i 244 681y 4 13 134 23% e 27 o 104 13 2% 19 110 I 157 167% 1% 234 32m 15% 21 19 4% 2215 37 413 104% 109 514 26 29 115 45 10 404 21 B 23 1932+ Low. 13 Stock ana Dividend Rate. n Rwy Signal (3). 4 Gen Theater Equip. 10% Gillette Stf Ras(1). liette Gim Baies— LRSS den Co pr pt (7). Gobel (Adolf). . 1d Dust (1.60). 1d Dust pf (6). drich (BF). . odyear Tire&R tham Silk Hosiery Graham-Palge Giranby Consol Cep Grand Silver Stori Grant (W T) (1). Great Northern pf(2) eat North Ore(2). ireat Western Sug irizshy Grunow. ... i1e&Nor pe. Hall(WF) 'tg(a30c) Harb & Walker(50c) . Hartman Corp (B).. Havar nf.. Hercules Pow pf (7) Houdallle Hershey. Houston Ofl........ Houston O1l (new). . Hudson Motor Car. . Hupp Motors. Illinois Central. ... % Illinois Cent 11 (4). Indian Motor Cycle Indust Rayon (4). Ingersoll Rand (3). Inspiration Copper. . Insur Sh(Md) (28¢). Interboro lap Trans int Bus Machine(n6) Int« Int Cement ¢ . Int Combustion pf. . Int Harvester (1.80). Int Harvester pf (7). : Int Hydro El A (e 2 Int Match pfd Irt Nickel of Can Int Printing Ink. ... Int Rys of CenAm pf IntSalt (2)....... Int Shoe (3).. Int Tels & Te Intertype Corp. ... Investors Equity. 10% Island Cr'k Coal (3) . Jowel T 10% Johns-. A 50 Jones & Laugh pf(7) 901 KC P&L ISt pL B (6). 5 Kansas City Southn. 11 Kan City Sou pf (4).. Kayser (J) & Co 1 Kelly-Spring Tire 1 Kelsey-Hayes Wheel 5l Kelvinator Corp 515 Kennecott Copper Kinney (G R) Co. Kresge (S ) (1.60). Kresge (SS) pf (7). tse Kreuger & Tell. 1% Kroger Grocer: 96 s Lambert Co (8).. Lehn & Fink (3).... Libbey Owens Glass. Ligg & M Lily Tulip Cup (1) Link Belt (1.20) Liquid Carbonie (2). Loew's Inc (14) Lorillard (P) (1.20). 1 LouisianaOfl....... 13% Lou Gas&FEl A (1%). 1215 Louisville & Nash(4) 10 McAnd & For (1.40). 16 McCall Corp (2% ). 14 McCrory Stores B. .. 3715 McKeesport TP (4). 214 McKesson & Robbins 19 McLellan St pf A(6). 1244 Mack Trucks (1), Macy (R H) (n2).. Magma Copper (50¢) . Manhat Elev mod gtd Manhat Shirt (60¢). Marine Midld(80c). . Marshall Field & Co. May Dept Stores 1.8 Maytag pf ww s Mid Continent Patm. Midland Steel Prod. . Mid St Pr 1st pf (8). Minn Moline Pow. .. Minne-Moline P pf. . Mo Kan & Texas. Mo Kan & Texas pf. Missour{ Pacific. . Missouri Pacific pf. . Monsanto Chem 1% .. Montgomery Ward. . Mother Lode. .. Motor Products (2). sh Motors (2).... sh Chat & St L... at Acme Co..... t Biscuit (2.80) ok 4 RS - P < PO, SOOI 174 70 100 95 R 16 at Dist Prod (2). at Lead (5).. at Lead pf A (7) Nat Lead pf B (6) Nat Pwr & Lt (1)... Katl Steel (1). evada Con Copper. ewport Industries. ewton Steel. Y Central. .. Y Chicago & St L., NY N H & Hartford, YNH&HDpt (7). Y Ont & Western. . Y Steam pf (6) Y Steam 1st pf(7). Noranda M(m50c) Norf & Westn (112). or Amer(b10% stk) 5 orth Amer pf (3).. 10 Northern Pacific 5 OhloON.... ..., % Oliver Farm Equip. . 113 Omnibus Corp. 11 Otis Elevator (3 24" Pacific Gas & W1 (1), 28% Pacific Lighting (3). x 8015 Pacific Tel&Teleg(7) 4 983 Pacific T& T pf (6).. 3 2 Packard Motor Car. . Pan-Amer Pet (1.60) Pan-Am Pet B(1.60). 3% Paramount Publix. . 213 Peerless Motor Car.. x 26% Penney (JC) (2.40), 12 Penna Raflroad (2) Peoples Gas. Chi (8) Petrol Corp of Am Phelps Dodee Co. . Phila Co 6% pf (3).. Phila& Read C & 1.. 1 Phillips-Jones pf « 108 Plillips Petroleum. . 14 Pierce Petroleum.... 10 Pillsbury Fiour (2). Pitts United Corp. Pitts United pt Poor & Co (B). Port Ric Am Tob Postal Tel&Cable pf. Prairie Ofl & Gas.... Prairfe Pipe Line Pressed Steel Car. .. Proct & Gamb (2.48) Public Sve NJ (3.40) Public Sve NJ pf (5) Pullman Corp (3)... PuraOil. ... Pure Ofl pf (8 “ere Purity Bakeries (2), 174 16 381 1em 34 50 6% 5 Radio Corp..... 7% Radio Corp pfB..... 47% Ravbes-Manhat (1). 17 Reading Ry 2d pf(2) 2 Remington-Rand. 11 Rem Rand 2d pf. 1% Reo Motor Car. 3 Republic Steel 6% Reynolds Met ( 65 Reynolds Tob A (3).. 1408 31% Reynolds Tob B (3). 2 RioGrande Ofl.. Ritter Dent Mfg. ia Ins of Amer.. 13% Royal Duteh of NY. 39 Safeway Stores (5).. 7614 Safeway Strs pf (7). t Joseph Lead St L-San Francisco. 2% St L-San Fran pf. 4 St Louis Southwn. % Savage Arm. eaboard O1l. . 5 ears Roebuck (23) Seneca Copper. tinc. ... : Tiy Shattuck (F G) (1), 813 Shell Trading & Tran 2% Shell Unlon Oil. 19 Shell Union Ofl pf 4% Simmons Co. . 8% Socony-Vacuum (1). 40% Solv Am pf ww(5%), — % L] 164 1813 569 15% 16 55 11 10 415 40 4 13 90 3% 9% 9 1% 4 100% New. Add 00. High. Low Close. Chge 15% + & 16% -1t 18% 70 + % 85 -10 1% + 3 o (R NE| | Wheat—No spot, domestic, 58; April delivery, 58:% {ton Exchange service ~Prev.1932~ Stock and Sales— High. Low. Dividend 8% 413 South Port 5 32% 234 Southn Cal E 7 37% 11% Southern Pacific. 60 13 ithern Rallw 24 201 outhern Rajlway pf 1 parks-Withington. . ploer MIg..on.-- oo tand Hrands (1.20). and Com Tobacco. and Gas&El (3%). tand Gas&El pf (4). tand O1] Calif (2).. nd Oil of Kansas. and O N J (12)... terling Secur cv pf. tewart Warner...... tone & Webster (1). tudebaker Coil tudebaker pt (7) un Oil (1) s un Oil pt (§) T's Tennessee Corp. ... - 10 TexasCo (1)..eue.s 16 Tax Gul Sulphur (2). Tex Pa Coal&Oil atcher Mfg pf 3.60 air pf (7).. 16% 1iy 28 20 8% Thon 'z Thom Tide Water As pf(6). 5 3 Timken-Detroit Axl 23 137 Timken Roller B! . 6 21 Transamerica Corp 4l Tri-Contl C¢ 6% Truscon Steel. . 4 " Twin City F 244 3 Tlen & Co 23% 1213 Und 101 "nd-Ell-Fish p n Carb & Carb (2). n Oil of Calif(1.40) nion Pacific (10) nion Pacific pf (4). Afreraft...... Tnit Afrcraft pf ( "nit Cigar Stores. nit Corp (40c) nit Corp pf (3) Unit Fruit (3)... 1 t 137 t 913 4615 1 68 5lip 1 i 46 1 1%, L 101, i 383 1 Add 00 High. Low. Close. Chg Net. | ~Prev.1933 Lo 54 | 24+ %W % + % 6 ® 1% 5 10% 1% 514 5t s S s s s s Stock and Dividend Rate. nit Gas&Im(1.20) Init Gas&Im pf(5) Indus Alcohol Leather (A). Pipe & Fary (2). Pipe&Fy 1st 1.20 Reaity & Imp Rubber. S Smtg & R 8 Steel (2) U S Steel pf (7). United Stores pf (4). Univ Leaf Tob (3). 2% Util Pwr & Lt (A). Vadsco Sales pf Bales— Met. Add 00. High. Low Close. Chge. 16% 164 16% + % 87 87 87 19% 20 a4 95 9§ 12! 6% 3% 13% 29%m 81% 4“ 164 LY 16% 34 16 nadium Corp. “ar Chem 6% Df.. 14'» Vulcan D'tinning (2) 20 Wabash R R.. Wabash RR (A). Warn Bros Pictur Warren Bros. Wesson 0i1&Sn (1).. 12 Wesson O&Sn pf(4). West Pa Western Western Westing's El pf (T) Maryland.. nion (4). Air B(1). x 30 58 Westinghouse (1)... Weston Elec Instru.. White Motor. .. White Rock (4).. White Sewing Mach. Willys-Overland. Wilson & Co (A). Woolworth (2.40)... Worthington Pump. 2 Wrigley (Wm) (4)..x 2 Yellow Truck pf.... Young Spring&W (1) 1 6% Zonite Prod Corp (1) z % 23w 57 24 16 9% 5 ) 13 2 110 35 16 5l 208 Sales of Stocks on New York Exchange. 10:30 AM...... 1:30 P.M.. Dividend rates as g payments based on tPartly extra rate. b Payable i in_stock. n Plus stock. K Plus 37 nPlus 5% in stock Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., April 20 potatoes, per 100 pounds, potatoes, bushel, 35a60; 1.25a1 beans, bush beets, crate, 2.50a2.75; per, 1.00a1.90; carrots, cr: caulifiower, crate, 250; 1.50a3.50; kale, bushel, plant, crate, 1.75a2.75; lettuce, crate, 2.50a3.50; mushrooms, basket, 35a90 onions, per 100 bunches, 65a80; oyster plant. 100, 5.00a6.00: peppers, crate, 2.00a3.00; peas, hamper, 1.75a2.35 radishes, hamper. 50a1.00: spinach bushel, 35a1.00: squ bushel, 1.75a 2.50; tomatoes. crate, 1.25a3.00; apples, bushel, 50al.75; grapefruit. box, 1.50a 3.00: oranges, box. 2.75a4.50; straw- berries, quart, 20a35 Dairy Markets. Chickens—Young. 23a27: Leghorns, 121a23; old hens, 14a19; Leghorns, old. 15a16: roosters. 10a12; ducks, 12a22 pigeons, pair, 20225 Eggs—Receipts, 2,969 cases receipts, 1215: duck eggs. 10al4 Butter—Good and fancy, creamery, 20a22; ladles, 15a16; process, 18a19: store packed, 11. Live Stock Market. Cattle—Receipts, 75 head: market steady: good to choice, 6.25a7.25: me- dium to good. 5.50a6.25; fair to medium. 4.5025.50; plain to fair. 4.00a6.50; com- mon to plain, 3.0024.00. Bulls, me- dium to good. 3.75a4.25; fair to me- dium, 3.50a3.75: plain to fair. 3.25 3.50; common to plain, 3.00a3.25. Cows, medium to good. 350a4.00: fair to me- dium, 3.25a3.50; plain to fair, 250a 325 common to plain. 1.50a2.50 Heifers, good to choice. 5.50a5.75; me- dium to good. 5.00a5.50; fair to medium, 4.00a5.00; plain to fair, 3.50a 4.00; common to plain, 3.00a3.50. Fresh cows and Springers, 30.00a60.00. Sheep and lambs—Receipts. 150 head: market steady: good to choice, 7.50a 825: sheep, 1.00a3.50: lami to medium, 4.00a6.50; Spring 7.00a10.00. Hogs—Receipts, 600 head: market steady: light. 4.60a4.85: medium, 4.60a 4.85; light pigs, 4.25a4.65; heavies, a4.45; roughs, 2.75a3.50; pigs, 4.25a4.65; Western hogs. 10a20 higher. Calves—Receipts, 25 head: market steady: good to choice, 5.00a6.50; com- mon to medium, 3.00a5.00. Hay and Grain. 2_red Winter, garlicky ~White a1.05; sweet yams, barrel, 4.0026.00; ham. 20a30; - current May, 58! Corn—No. 2 44a45; barrel. Oats—No. 2 white, domestic, 33a34; No. 3, white. domestic, 32a33 Rye—Nearby, bag lots, 40ad5 Hay—Receipts, 13 tons. General hay market is quiet. Receipts ample of timothy, but good mixed hay scarce and bringing a premium. Prices range from 12.00 to 16.00 per ten. as to grade and kind: latter figure for choice clover mixed. The poorer grades of timothy are irregular in price. yellow spot. domestic. cob corn, new, 2.00a2.25 per Orient Using More U. S. Cotton. NEW YORK, April ). —The ex- tent of the increasing movement of American cotton to the Orient is indi cated by relative proportions of Ameri- can and other growths used by Japa- nese spinners, says the New York Cot- They are now using 25 to 30 per cent Indian cotton and 70 to 75 per cent American, against 60 per cent Indian and 40 per cent American last season. PARIS BOURSE‘PilkbES. PARIS, April 20 (%) —Three per cent tentes, 77 francs 40 centimes. Five per cent loan, 101 francs 25 centimes Exchange on London, 95 francs 68 centimes. The dollar was quoted at 25 francs 35 centimes, LIRS T During 1 thousands Over a Third by the int of a Century which con Without a Loss National 2100 THERE IS common | lambs, | | NEW YORK BANK STOCKS NEW YORK, April 20 () —Over-the- counter market BANKS. 100} fanhattan (2) National City (3) Public (2) CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, April 20—The following is a summary of important corporation news prepared by the Standard Statis- tics Co., Inc, New York, for the Asso- ciated Press News Trend. There was practically no change in the number of freight cars loaded in the wefk ended April 9. According to the American Railway Association, reve- nue freight loadings totaled 544,806 c hich compares with 544,961 cars in the previous week and 737,272 cars in the corresponding week of last year. Increases were reported in all commodi- ties with the exception of grain and grain products, coal and coke. The Companies. | Addressograph - Multigraph Corpora- tion 1931 common share earnings 90 cents vs. $1.85. | Associates Investment Co. common share earnings, quarter ended March 31, | 1932, $1.28 vs. $1.76. Atlantic Coast Line R. R.—Estimated that 10 per cent pay reduction will cut wage bill $2,000.000 annuary. Century Ribbon Mills common share earnings quarter ended March 31, 1932, 13 cents, vs. 16 cents Continental Can common share earn- ings 12 months ended March 31, 1932, $3.05 Dome Mines, Ltd—Declares 20 cents bonus on common ana Tegular quar- terly dividend of 25 cents: bonus rep- | resents profit from discount on Ca- nadian Exchange. General Electric Co.—Current busi- ness running at first rate; continuance of operating profits expected: plants at | 20 to 25 per cent of capacity. [ The COMMERCIAL NATIONAL BANK 11th and G Streets Banking “in All of Its Phases ENTERPRISE SERIAL BUILDING ASSOCIATION 7th and Indiana Ave. N.W. Shares of Stock $1.00 Each, Payable Monthly. 5% paid on stock withdrawn 68th Series of stock now open for subscription James E. Connelly. James F. Shea. President Secretary MORTGAGE INVESTMENT EXPERIENCE proves the reliability of our 612% FIRST MORTGAGES rearly a third of a century of investors have profited erest our first mortgages pay and have enjoyed the security servatively appraised im- proved Washington real estate gives the principal. May be purchased in amounts from $250 up. B. F. SAUL CO. 925 15th St. N.\W. NO SUBSTITUTE FOR SAFETY is 4% ock. p Plus 2157% 200,000 :2:00 Noon. 700,000 10 P.M. ven in the above table are th latest quarterly or half-year! in stock. a Paid this ye e Payable in cash or stock is 8 in_stock. JPlus $1 in special prefe stock. m Pald last year—no reguiar ri in stock 500,000 800,000 | roughs, Washington Produce Butter—One-pound prints, 23; tub, 22 Eggs—Hennery, 11; current receipts, 10. Poultry, alive—Old toms, 15a18; young toms, 22; hens, 23a26; crooked breasts, 18; Spring broilers, 11; to 3!} Ppounds, 23a25; Leghorn broilers, 20a22; Winter chickens, 18a20; stags, 12; hens, large, 15a17; medium, 15a17; Leghorn hens, 13al4; capons, large, 30a32; small, 20a23; slips, 18; roosters, 10; keats, young, 45a50; old, 25a30. Poultry, dressed—Turkeys, old toms, 18a21; young toms, 25; hens, 26a29; crooked breasts, 23; Spring broilers, to 3'; pounds, 26a28; Leghorn broilers. 23a24; Winter chickens, 21a23; roosters, 12; hens, large, hens, medium, 18a20; Leghorn 16a17 large, 33a3: 23a2¢ Toosters, 1 Meats—Beef, rrime, 14; good, 13; veal, top, 13; good, 12; lamb, top, 1 good, 16: pork loins, 16; fresh hams, 14; smoked hams, strip bacon, 1 lard, 7 compound, 7. Live stock—Hogs. lights and mediums, 4.40; heavies, 3.50a4.50; pigs, 3.7584.25: 2.0023.00; calves, 3.00a6.5 énsr:)\b& 4.00a7.50; Spring lambs, 6.00a Fruits — Strawberries, quarts, 50; small, slips, 2 | keats, young, 60a70; old. 30a40. pints, 22; apples, bushel baskets, 1.00a1.40; fancy box stock, 1.50a2.5 oranges. 3.50a4.50; lemons, 4.00a4.5 grapefruit. 2.25a3.00; honeydews, Chile, 2.50; pears, 3.50a4.50: alligator pears, 2.00a3.00; pineapples, 4.25; b nanas, 1.00a2.00; limes. per 100, 2.00 rhubarb, hothouse, 75a85; plums. 1.50a 2.00; nectarines, 2.50; cranberries, 4.50. Vegetables—Potatoes, Maine, ~ 100- pound sacks, 1.25a2.40; New York, 1.15; Idaho bakers, 275a2.50; new, bushel. 2.50a2.75; seed, 150-pound sacks, 1.75a 2.25; sweets, 75a1.00. lv_!'?.n?I beans, 5.00 a5.50; limas, 6.00; spinach, home grown, 50a75; Norfolk, 85; kale, 40a60: cabbage, 2.00a2.10; celery, 2.50a3.50 eggplant. 3.00a3.50: peppers, 3.50a4.00 cucumbers, Florida, baskets, 4.00a5.00; turnips, crates, 3.00a3.50; beets, 2.75a 3.00; carrots, 3.50a4.00: home-grown, bushel. 2.00; tomatoes. 6 pans, originals, 2.50a3.00: repacks, 3 pans, 2.25a2.50; mushrooms, 85a1.00: peas, California, crates, 5.0085.50: Florida, baskets, 3.00 a3.5¢ squash, 3.50; lettuce, Iceberg, 2.25a2.50; asparagus, California, dozen bunches, 3.50a5.00. 00 Organized 1879 JOHN JOY EDSON, President g £ : i Success systematic Equitable. Follow their example— save part of your earni | 915F St. 0 Equitable Co-Operative Bldg. Ass’n Subscriptions for the 102nd Issue of Stock Being Received in Saving Thousands perity because they STOCKS RREGULIR N QUET MARKET Rail Shares Again Make Best Showing—Industrials Sell Off, == BY GEORGE T, BUGHES. Special Dispateh to The Star. NEW YORK. April 20—True to its nt form, today's stock market was ire of liquidation In industri | that used to be called pivotal and of stubborn resistance to pressure by the rails, There was the usual list of new lows, igcluding such prominent victims as Unfled States Steel common and preferred, Ameri Telephone and American Can, but all through the weakness elsewhere the carrier stocks were conspicuously firm. There was nothing especially un- favorable in the news. Electric output was off agi on the week compared with a year ago, but the rate of de- cline was lower than last week. Among the features of the last hour were the selling of the Bush Terminal issues and buying in Woolworth. The opening was nigher and the over! it orders gave the impression that some outside buying, long lacking, was coming into the market. The rails made the best showing, as they did yes- terday. For this the reason assigned slightly on the week, ry much under the re- ago, did reveal an in- scellaneous merchandise an-carload freight. The fall- in coal traffic on was the leader, with Chesa- Ohio a close second so far as was concerned. The former ran up 2 to 3 points. Union Pacific on & smaller turnover was up over 3 points. This mild demonstration in the rails crease of and less-t pply and both made ows for the bear market. So did ion. General Electric sold a share for the first time, but ter resistance than yesterday. During the morning United States Steei was er very far away from the 30 the preferred stock went to a n =L 3 < U. S. TREASURY BALANCE. 7 the Associated Press. Treasury receipts for April 18 were 6.676.43. expenditures, $45244,- 31; balance, $413,355,522.16. Cus- toms duties for 18 days of April were $12,605,039.80. SILVER QUOTATIONS. NEW YORK, April 20 (#).—Noon, silver futures barely steady. Sales, 425.000 ounces; May, 2840 T: July, 28.70 bid; September, 20.06 bid; Octo- ber. 29.25 bid: Becember, 29.60 bid. What to do? We have a department for analyzing bonds. We shall be glad to make an analysis of your list and give a definite opinion whether any of them should be sold or replaced. Thisservice is offered with- out obligation of any kind. GranAM, Parsons & Co. PHILADELPHIA NEW YORK 300 SOUTHERN BUILDING WASHINGTON Telephone: District 0310 = 52nd YEAR COMPLETED WALTER S. PRATT, Jr, Secretary $6,124,601.00 enjoy pros- adopted the saving plan of the today nings. = For Fifteen Years The Metropolitan Life Insurance Company Real Estate Loan Plan. Weaver Bros., Inc., Mortgage Loan Corre!ponden t of the M efrupnlitan Life Insurance Company, is prepared to offer to home owners in the District of Columbia and nearby Maryland ‘or fif!cen years \Wlfh 'he p!’ivilege o{ pre-payment at any due date after three years. Let us explain od'ner desirable fea- tures to you. Construction Loans WERRERES Washington Building Mortgage Loan District 9436 Correspondent Metropolitan Life Insurance Company Loans made in the District of Columbia and nearby Maryland and Virginia