Evening Star Newspaper, May 26, 1932, Page 15

FI GOVERNMENT BOND | LIST IN RECOVERY Long-Term Issues Rally Cor- porate Group in Steadier Trend. _ BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK. May 26.—United States | Government long-term bonds rallied to- day and closed narrowly higher after | having dropped sharply to new lows on | the movement in early trading. | The turn in Governments came in the | last hour and reflected a recovery in stocks and advices from Washington that Congress hoped to be able to reach | a compromise on“ the sales tax pro- posals. The general corporation list steadied somewhat with Governments in the late trading. but was still \down sharply on the day and at its Jowest Jevel in manv yvears. ‘Treasury 3s and 3'ss and Treasury 4',s made the best gains in the Gov- ernment '~ Municipal issues also | Ppushed ahead. 10 Wes i Of bids that kept corpora- tion descriptions down. Dealers re- roflvfl offerings of many mcre bonds han they could meet with bids. ‘The market openca with a barely steady tone. The absence of any an-! nouncement regarding the expected formation of a bond pool by the recently appointed Bankers and Industrialists’ Committee caused the withdrawal of many bids. At the start traders were testing the market with offerings of single bonds. These were fairly well absorbed, but when as many as five bonds were offered in an active issue prices broke badly. Volume increased | on_the decline. Nothing seemed exempt from the trend. High-grade prior lien descrip- tions were thrown into the market with as little discrimination as that exercised in the case of bonds already selling at prices ordinarily associated with receivership and default. Ameri- can Telephone 5s, for instance, broke more than & point. as did American ‘Telephone Collateral 5s. American Sugar Refining 6s lost a point. So did New York Gas, Electric Light, Heat & Power 5s. Sharp declines occurred in such sea- soned securities as West Shore Guar- anteed 45, United Electric & Power 5s, New England Telephone 4!3s, Midvale S¢eel 5s, Duquesne Light 4'ss. Consoli- dated Gas 4':5, Atchison General 4s, Baldwin Locomotive 5s and many others. New York City Traction were weak, partly because of the general downturn and partly, it was reported. because of the liquidation of the holdings of an individual known to have been heavily interested in local traction securities. Brooklyn-Manhattan Transit 6s broke 4 points. Hudson & Manhattan Income S5 lost 41;. Losses of 1 to 3 points af- fected the obligations of Interborough Rapid Transit, Third Avenue Railway and Manhattan Rallway. Trading was less active in speculative bonds which have already depreciated from 70 to 95 per cent of their value. But price movements here were sharp on the turnover of only a few bonds. Junior railroad issues like Southern Pacific 4125, Northern Pacific 3s, Nickel Plate 6s. New York Central 5s, Mis- souri-Pacific 3s, Great Northern First 4'.s. Erie General Lien 4s, Baltimore & ©Ohio 4758 and Chesapeake Corporation 5s lost 2 to 4 points. Industrials also were weak, notabiy Wheeling Steel 5!,s, Pure Ofl 5'2s and Goodrich 6!2s. New York Cotton En-cisl Dispatch to The Star NEW YORK. May 26.—After an early loss of about 15 points on foreign selling and weakness in securities today, the cotton market steadled and closed with | a loss of 4 to 7 points on the day. The afternoon improvement in the stock market had a sympathetic influ- ence on cotton and the best figures of the day were reached in the last hour. Spots were reduced 10 points to 5.65. Cotton range: . Low. » December January March 2 i SALES. Capital Traction Co. 55—$1,000 at 50. | AFTER CALL. | Potomac Electric 5! % pfd.—10 at 103. | 10 at 103, 10 at 103, 10 at 103, 10 at | 103. 10 at 103, 10 at 103 | ‘Washington Gas 55—$500 at 100, Washington Gas 6s A—$700 at 98'4, $300 at 981, Bid and Asked Prices. BONDS. PUBLIC UTILITIES. & Tel das 30 R Bid. Asked Amer_ Tel 1087z Am Tel & % .. 3214 90 C & E 55 Capital Traction R. R. 8s... .. 56 1953 Wash. Alex. & Mt. Vernon Washington Gas 4i3s. Washington Gas 5s ctf Rwy. & Elec 4s. MISCELLANEOUS. Barber & Ross, Inc. 6'as STOCKS. PUBLIC UTILITY. American Tel. & Tel. (%) Ca Tra Wash. Rwy. & NATIONAL BANK. Min ca Golumbia Commercia District (8) - -Amer. LBk & Tr. (). 42 Li 't Lincoln (10) Metropolitan Riges (15). . Second _(9¢) Washington (12) 3 TRUST COMPANY. & Tr. Co. (15) Tr. (1233) e & Tr. « v Bg). h. Loan & Trust (i4) SAVINGS BANKS. f Bethesda (6§) » g::lkmgrcl and Savings (10) East Washington (12)... . av.s .. Slv:n;hg%h;eet 'l’lofllb 3 ates (30) . Whsn” Mecnantcs (103 FIRE INSURANCE. American (12). . I Gorcoran, (10).".". i emen : - Wational Union (15).. TITLE INSURANCE. i bis (6h)........ 7 10% | Ko Bt iy PO MISCELLANEOUS. roer & Ross, Inc.. com BolPSedical Bids. Gorp. D, C. Paper M ital (14) (stamped) (10) [N & FREF T Wdwd. & wawd. & S8BuulBaBL0T528588S: 8 i Cert-tadb5s"48. ANCIAL. O N BOND. UNITED STATES. (Sales are m 31.000) High Low. Clase. Tih31%832-47,... 10015 1004 10014 Lib ISt 435 32-47 10119 1014 10117 Lib4th 41 533-38 1029 10124 1029 US3s1951-55.... 90168 8922 9016 TS 3%s 1946-49. . 7l 9] 26 3%s M41-43. %7 9 38T 40-43.. 9619 97 8 8 83%843.4 968 97 s 8 16 16 s s 18 10012 1001 10012 108 13 102 28 10313 jes. High. Low. Clese Abitibl P&P 58 ‘53 1 A'leghany Cp & Alleg! Alleg Allis-Ci Am Beet Sug. Am F Pbs2030.. Am 1GChbis'4s. Am Intl 51849, Am Metal 55834, Am Sm&Ref 6347, Am Sug Ref 63 37 Am T&T 4%s 39 Am T&T ctr bs " Am T&T deb 5 Am T&T deb Antioquina Argent 63" 61 May . Argentine 63 59 Ju Argentine 6s B '58. Arm & Co 4138 '39 Arm Del 5138 43 Assoc Of1 68'35. ... Atchison gn 4s ‘95 Atchison 4% = 43, AtICL Ist 48°52. . Atl Gult&W1 58'69. Atl Ref db 58 '37 Australia ¢ 3% Australia §s'56. Australia Austrian 18 Austrian 7s "$7. Ban & Aroos 48’51 Batav Pet ¢138'43, Belgium s 55 Belgium 786 Bell Tel Pa bs Bell Tell Pa 55 C’ Berlin Cy EI 68 °55. BerlinCityEl6? BerlinCityE1634'59 Berlin E1 R 6% Beth Stl rf bs '4: Bolivia 15 53. . Belivia s Bordeaux Bos& Me 5s'67.... Brazil 6348 '26-"57. Brazil 6% s 27-'87. Brasil TsCR'52... Brazil $s°41. Bkivn Elev Bklyn Man Bklyn UnGasSs'45. BIyn Un Gas 5860 Budapest 6s ‘62 . Buenos AR 61.. Buff Gen El 435’81 BR& Pitts 4348’57 Bush T Bldg 55'60. Calit Packing 5540 . annn e 2B Santnatnalle Can Nor db 6%3 46 Can Nor deb 78°40. Can Pacdb ¢s. Can Pac 4% Can ‘ Can Pac 585 : € of G Ry con 545 Cent 'l E&G 58 '51, Cent Pac 1st ¢ Cent Pac 58 '60 Cen Ry NJ g 55’37, - PR=% 1%+ Ches Corp 5s°47. C&O4%sA'93, C&O04%sB'95 Ch & Oh con 58 N W 9% 210t P =TT SPN Chi & Est Il 58'51. Chi Grt West 4569, CM& StP gn 45’39 C M StP&P 6s'76. . C M & St P adj 6s. Chl & NW gn 41 Chi&NW 418 2037, Chi&NW 4148 C 37 Chi & NW ¢% 343, Chi1 & NW 635836 Chi RI&P gn 45 '38. Chi RI&P rf 45°34. ChiR1&P 418’53 ChiRI4%s60.... CTH&SE 1st 55°60. o A B4 NNNRBRNN A RS “hi Un Sta Chi Un Sta 6% C& W Indcn 4’52, C& W Ind 53%n'62. Chile 68 - Chile Mtg Bk 6s '61 Chi Mtg Bk 618 '57 Chi Mtz Bk 6%s 61 CinUnTrust bs 2020 Chin GVtRy 55°51. CCC&StL 4%s E'T? Clev Term 4% 77, Colomb 6863 J: Colon Oi1 Col G&E bs 5! Coms C Md rf 58 '60 Con G NY 413851, 2;: Cen Pow Japan 7s. 22 Consum Pow 63’53 26 Cepenhag 4%s°53. 16 Copen! L 5 Cubu 538 45. . Cuba RR 18t 5352 Cuba R R 63 '36. 1 Cuba RRrf 7%s°3¢ 3 Cuba Nor 5%4s’42.. 10 Csecho 83 '51 2 Del&Hud ref ¢ Del & Hud ev & Denmark 4% Denmark 5%s'85. . Denmark 6s'42. ... Denver Gas 58°'51.. D& RG W 58’65, D& RG Wbs'18.. 1% 1% 87 81 6 69| L9 DEI5Y% DEI5%3'53 Nov. Dutch East [ Dutch East# ug %837, 1 East C Bug. ‘/.- " 8 Erie gen 439§ 60 3% 17% 16 Fiat deb 78748, . Finland 5%s '58... Finland 65 '45. 45 4 19 3% 83% 113% Ger Cent Bk .24 Ger Cen Bk §3°60J. 10 THE EVENING STAR. WASHINGTON, NEW YOR STOCK EXCHAN Received by Private Wire Direst to The Blar Ofien. Ger Cen Bk 63 0‘0 o Grt Nor xn 78°26. Hav Elec 5%s'51.. Hoe & Co 634534 Hudson Coal 53 Hud & Mad) 58 '51. Mud & Mrf 68 57 Numble Of] 5837, ., Humble O §%s 3. 111 Bell Tell & Il Cent el tr 48 5. 11 Cent c! tr ¢s 68, M1 Cent rf 4s 55. Int Rap Tr1s Int Cement b Int & Gr Nor 68°53. Int & G Nad 68’53, Int Hydro El 4 Int Match b= *41. Int Match 53 °47. Int Mer Mar 6x°41. Int Pap ref Int Pap 68 °'65. ., Int Ry C A 5872 Int Ry C A 61847, Int Tel&T ¢ 34820, Int T&T4%s'5s,. IntT&T6s'55.... Irish Free St 55°60. Italy 78 '51. Italy Pub 78 '53 Japanese 6%s Japanere 638 ‘64 Jugosl Bok 7867 Kan C FIS&M 4 Kan C P&L 434861 Kan City Sou 58'50. Kan City Ter Karstadt 6543, Kend 5% 43 ww Kreug & Toll 58 Laclede Gas 58 34, Laclede 5%8 C'S3.. Lautare Nit 68 "54. Leh Val cn 55 2008, Lorillard 7s " L.a & Ark 5869 Lou G & K1 53 A'53. L &N unt ¢n 40 L& Lyons 6834 VcKes & RE%wSO. Manhat Ry cn 4 Market Si 78 A "40. [P I=TTOrYS Balos. 40 1 Culine wdn T Midvale Stl 68 °36.. 2 Milan 638 52 MIIERy&L . Mil El Ry&Lt 68’11 Mo Pac gn 4 Mo Pacrf § Mo Pac ks ¥ 17 Mo PacksG'18 MoPacbs '8 Mo PacI5s's Mo Pac 648 Montevideo Montevideo T: Nassau Elec 4 Nat Dairy §% Nat Steel 356 NEneT 1st58°62. NOT&M5sB 5. NOT&MBb%a'5e. N 51, NYCrf4%s201in 2 N Y Cref bs 20 N Y Cent db és '3k, NYC&SIL 4338°18. NYC&StL5 % 8A'T4. NYC&StL 1at ¢x'33 N Y Edison §s B'44 NYEArf6%s 41, NY EL H&P 45’49, NY NH&H ¢%4s"67 NY NH&H clt 6840 NYNH&H 6s * NYO&W rf 4 NY Rys6s A NY Ry<Inc6s’$5.. NY St Ry 61%s'62. . NY Telgnaks NY W&B 434846 . Nia Sh Md 6% 50, Nord €3 s'50 Norf Sou ref . Norf&Wn div 48 '¢4 North Am Co bs '61 Nor Am Ed 5s A ‘57 Nor Am Ed5s C'§9. NorAm E5158°63. N Ger Lioya 654, NorOT&L 6s'4T. Nor Pae gn 38 2047 Nor Pae 48’97, Nor Pac 5s D 2047. Nor Paecri 047, Nor St Pw 58 A *41. Nor 8t Pw 63 B'd1. Norway b= '63. Norway 5348 '65. h 4 5 Orient Dev 5% 8’58, Pac G&E 4 Pac T&T 18t 58’37, Pac T&T rf 6s'53.. Pan Am Pet 6334, Paramount s ‘47.. Param-Pub 6%8 §0 Paris-Ly M 63 '58.. Paris-Ly M 7s '68.. Paris-Or 53s '8 Pathe Exch 7s '37.. Penn 4% s D 'S1 Penncn 4%s Penn gn 4% Penn ¢%4s Penn 4% ‘63 Penn 664 Penn gen Penn %836 Penn PAL ¢%s '3 Peop Gasref 6547, Pere Mara ¢%s Phila Co §s Phila & Read Phillip Pet § Plllsb F M 63°¢3... Poland 78 '47. Prussia ¢%s s Public Serv ¢s'71.. Pub SvG 4%8'67.. PubSvG 434870, Pure Of1 5348 '37... Pure 01l 53840, Queensiand 647 Queensiand 7s°41.. Read #n 4% A 9T, Rem R %A ¢Tww Rhine Ruhr 65 '63.. Rhine West & Rio de Jan §s 4 R Gr Do Sul 62768 R Gr Do 8ul $a 46, Bavun 9 wAaCuRemanEe we 3= 18 Ranw L BANKER INSURANGE AGENGES BARRED “Tese ' linois Ruling Stops State In- 2 26 % 2% 32% 404 17 | | stitutions From Selling of Policies. BY ROLLIN M. CLARK. At this time, when there is a con- certed cry in the insurance business for fewer fire insurance agents, a ruling Just issued by the attorney gemeral of TNlinois that State banks are not per- mmitted under their charter powers to act s insurance agents will attract Nation- wide interest, ' Organised insurance agents through- out the country have long opposed so- called “bank agencies.” They have Tegarded the creation of insurance agen- cles in banks as an un ted en- croachment upon thelr legitimate fleld of tions, that the real opera , contending ‘| motive behind such appointments is the desire of the banks to com- missions for the placing of policies which they require in connection with their lending operations. So intense has been the feeling on the subject that the National Associa- tion of Insurance Agents 10 years ago urged its members to refuse to repre- sent companies that appoint banks as their agents. A number of insurance companies subsequently withdrew all such appointments, but others have continued bank agencies with suc- cess. Such business as bank agencies ay obtain is usually considered highly desirable because of the banks’ personal knowledge of the affairs of their insured. (Copyrisht, 1933.) CHICAGO STOCK MARKET CHICAGO, May 26 (#).—Following is the compiete official list of transac- tions in stocks on the Chicago Stock Exchange today ¥ ar pt 100 100 Butler Bros 130 Cent IU Pub Ser pf, 100 Cent 1l . g 300 Cent. 1l Sec pi. .. 500 Cent Pub Ser A 50 Chi Invest 100 Chi Yell 2100 Cities Serv .. .... 2200 Comwith Edis _.. 3600 Cont Chi .. 850 Cord Corp . 40 Crane pf ... 130 Curtis Light .. 100 Blec Household » 8.8sumsva FETCTESTERS SeBuu—avall FEFFETE 5 ' L 2 S w Suwde v Suesu g e i 50 Iron Pireman 130 Katz Drug 30 Keloss Swich of 750 Libby-McNelli . wSe e oo .}?-8 NS eets a8y L 83822 veuCelBiee u .2 or 10 Quaker Oats f. on A Nat 8tk Yas oul .. o 838! ard Mo - 0 25 ' Stock sales today. 60.000 shares. BONDS. 1000 chi Clv Rys S 27.. ML M. Chi Rys 35 '27 ctfs . 39 “Pond sales toans. $5.000. Cuba's government revenues for the first three months of this year have shown an improvement over the first six months of the present fiscal year. —_——————————— Saies. Migh. Low. Close. Saxon PWEReE1. 1 1K & 4% Saxon 7846 2 18% l:h l:‘a 2 32 335 s 22 Serbs-Cr-81 Shell Un Of1 8’47 Skell Un O58'49ww Shinyet (1A Sinc Ofl 6% s B' 38, Sine Ofl T8 A SincCrO5%s'ss Sinc PL §s'4s. Skelly Ofl 5% Sou Bell T&T 68’41 SW Bell Tbs A 'S¢ Sou Ry s "34. Sou Ry gen §3 56 Sou Ry 6%8'56 StOINJ StOIINY é3 Sweden E3e 4 Taiwan E P §%s'T1 Tenn BI P 6s A 4V, Ter As St L 48°63.. 1 Tex Corp ev ‘Toho El Pw ‘Tokio El1 Lt Uruguay 6884, Uruguay 8s* UtahP&L Utll Pow 6%s Vanadium St Va Ry & Pw 4. Va Ry 1st5s A ‘68, Warsaw 7 West Sh 15t 48 2361 e AronNwaSRoaInman L TR Se D. C, THURSDAY, MAY 26, 1932. N. Y. CURB MARKET Recsived by Private Wire Direct to The Star Office. 1 e T S ST WO = 7 Con H 1 10 i ] 1 7 13 1 05 R G ensiw 0 a s 1 e B st B ! 25 s an—u-SnewniE s 2 1] s o B B, L T OTOTP T ToTS: PO, 1~ JPUPR O > Fget 2 A Amer Amer Amer Amer ] 5 LL 20! m Comwh Edis 48 Com'nity P&L Con Gas Bal 2L >5 2 »% Gas 8 B '50 1Dix GG 6%s A 37 ww East Ut Iny 56 A ‘84 1 aL 5 Independt O1l s Indnap P&L 8s Insull Dtilit nt Pw Sec TS Intern Sec Am ntersta_Power P8 4'3s Inves Co 85 A " Towa Pub Serv Jor € P&L ¢ jer n P&L > 20 S5 8w, § {2‘ bl gigess 3 U t S5 33 Mid West Dt S Mid West Ut 8 % 2% =3 - L s TERY 'L e $u iiggor riygld ”m Ty3aTe oows 587, 4338 B 2oz, s, >Reee 5 - e 1 g "SEmay f8aecd g <caadagg < ' 1;;1 ggol- ¥ bt s % o5, W, » Q! ERE i a jeet ?‘38 - 2 o2 g » call market. LR T 3 4 c 1 5 g2gdg EAr 3222 2280288.,3..08823823232232238°R8238 2223 Egorua | SEIIERBL S L824 L ) gegesys agans=s.sraariiesaynsesosye. soaugBianamn s & & OEEE e £ g2 g9 ev v v o drosengse s 5 LB s 2882322 2243252: S ETERN S2dggd & ¥ ORF EEEE B3295L2BNYNERRT 2BR232% 83885823288 2 Fe d SSugEy L S58885 LY Broek and Dividend Rete. Add. 80. Kivh s | Adams Millis 1st 7. 258 % AfrInvevpf...... 1 Alsbam Pw ptf (6). 20s 47 Allied Mills. . 2 Aluminum of Amer 300s 22% Alum Co, Am pf(3). 508 34% Alumn Goods(80e). & 9 Am Austin Ca: Am Capital pf. Am Cap pr of (5 Am Cit PAL A (a3) :: l:‘fi Goal S nm..snsg:m Cyanami .. % Am D Tel NJ c pf 7. 1008 T4% Am&ForPwwar.. 3 1% AmFounders...... 9 % AmFound 15t D(3) 1 12 AmGas& El (31).. 'I: 1:* S SFRF F'.‘.S!SS EEr llt;.'.!fi.tu:‘%m & F K 2 »L( . ‘Am Super 1st pf(6) Anchor Post Fence. Apponaug (2)..... 1, | Arkansas Nat Gas. Arkansas NtGs A. Ark N G eu pf(80¢c) Ass0GAEADI%. AsG&Eallct1.60.. Asso TILtapt 1%, % | Atlantic 8ec Corp. . 5314 | Atlas Utliftses. . (349 | Atlas Ul pt 12 103" | Bell T Pa pf (8%). . 50s 108 £ |BenefIndLoan1y% 5 8% 73 |BlsscCo(EW).... Blue Ridge. ....... 87% | Blue Ridge cvpfad 44 s | Borne-Scrymser. .. 400s Bourjois Inc(k25¢). 7 Brazil TL&P(b8%) Y | & » & » [OYONL. I T SouReessEYEY. A28 3888 H PEFEFE 14 4 Bunker Hill & Sul. Burma, Ltd rcts 4e. Bwana McKub Corp Cable Radio Tv.tc. Canadian Mareoni. 56 Cent HudG&E(30c) 1 Cent Pub Sv A. 5 Cent States Elec Chain Stores Stk Chesebrough(16%) 3 cl orv (530c). 146 vept (§)... § Sv BB pf (§) 50s 8 P&L pf (1) 160s FINANCIAL Lov. Clese % % 47 34 3% 2% 3% ’ 103 803,382 S ] RF s 8888 241 - E S r} i & 25 5 Claude Neon, Inc... 1 Cleve Tractor.,... Cohn & Rosenberg. Col 01l & Gas vic. . Comwth Edison (3) Comwlth & Sou war Consol Copper Cons Gas Balt 3. Cord Corp. Cosden Of] Cosden Oil c0.d.. .. Creole Petroleum.. 3 Cresson Cons. Crocker Wheeler. . Cuneo Preas (215). Cuneo Press pf 6% . Darby Petroleum. . Deere & Co. ... De Forest Radis. .. Derby Ofl & Refin_ Detroft Arcraft. . Dixon () Cructbld. 108 Duke Pow (5) 3258 EastG & Fuel Asso 1 EastStates PwB.. East Util Asso (2). 2 Eisler Elec Corp. .. Elec Bond & Share. Elec Bd & Sh pf (5) ElecB&Spf (5).. Elec Pwr Asso (1), | Elec Pw Asso A (1) | Elec Shareholding | Elec Sharehld pf a6 | Emp G&F em pf(7) 2008 Emp G&F cm pf(8) 1508 Emp Pow pt (2.24) 3 Europ Elec deb rts. 20 Fairchild Aviation. 1 Fajardo Sugar 15608 Federated Metal 3 Fiat receipts o Fire Assn Phila 1.60 1 Flintkote (A)..... 1 Florida P& L pt(7) 26s Ford MotorCanA. 9 Ford M Ltd. 10 Fox Theat 1 General Alloys.... 2 Gn'E Lt ret p36 3-5¢ 11 Gen Pub Service pf. 10s 1 Georgia Pw pf (). 126s b: Glen Alden Coal... 2 Globe Unwrit k20¢. Geldman Sachs.... 21 Gorham v.te.(160) 1 Gray Tel Pay 8(13) 50s Graymur Corp (1). 12 13 Gt Atl & P Tea 1641508 106% Gt A &P Teapf (7)340s 11314 QulfOtlof Pa.. 16 29y Hecla Mining. 24 Heyden Chem ( [ HiresCEA (2).... 18 Holling Gold t70c. “ Horn & Hard (2%) Mudson Bay Min. . Mumble Ofl (3).... Hydro El Secu k10e Hygrade Food..... Imp Ofl of Can §0e. Ind Pipe Line k35c. Ins Co N Am (1) Intercont Pete. Int Cigar Mch 2%, Int Petrol (1)..... Int Superpower (1) IntUHIB......... Interstate Equitie: Interstate Eq ev pf. KldnDE (1). Knott Corp. Kress SH sp pf 0c. Lack See (4) Leh Coal & N . Libby MeNeill & L. Lone Star G (bS4e). Mavis Bottling A. . Mayflower Asso(3) Mead Johns (13%). Mem Nat Gas (60c) Boorme (IO Y PROTP IR - T Py 7 137 Bowmn—wn S nm = T T o1 Mountain Prod $0¢ Mount 8t T&T (8). Murphy Co (1.60).. 3 Corm e A B e Natl Investors. ... Natl Pw&Ltpf (§). 2 Newberry JJ1.10. 2 1 New Eng Pw pf (§) 2008 New Jersey Zine2. 5 1 Newmont Mining. Noma Electrie Corp Northam W e pf 3. North 8ta Pw A (3) % | OntoCopper....... % | Ohio Ofl em PE(6).. 311, | Pac GaBI 1atpe1% Pacift West Oil..... Pan Am Airways. . Paramount Motors ker Rust P (3). 50s Pender DG A 3%.. 1608 Penroad Corp...... 43 PexnGasgRiced. 3 Popperell (4) . Philip Margis(new) % | Phoenix Seeu pf(3) Ploneer Gold (13¢) Pitney Bowes bé% . Pitts Plate Gl (1).. Pratt&Lambert(3). Prudential Inv. Prudential In Pub Ut Hidx w. . Pub Ut m pe. Pure Oll pf (6).... 108 Quaker Oats Co.... 3508 Radio Prod.. Republic Gas. Re; . = Ruberoid Co (2) Anthony Gold 8t Rogis Paper.... b4 1% ) 1383y “ Allieg fl) e 4 - Lo nnnanda 130 Nt 6015 | Wiwth Ltd k23 3141 Segal Lock & Hrd Selberling Rubber.. 3 3% | Selected Ind....... & 224 | Select Ind Al ctfsn 343% | Select Ind pf new .. 18% | Singer Mfg Co (8).. 1 % | Bouth Penn Ofl (1). 2% | Bou Cal EA p£C 1% 123 | Southiand Roy 30e. 1% ( tand Oil Ind (1) 3 | Stand 011 Ky (1. 1% }:: NEY YORK, May 26.—Stocks on the ICURR SHARES DROP INBRISK TURNOVER Utilities and Oils Featured in _ Trading—Specialties Weak. BY JOHN A. CRONE. Special Dispatch to The Star. Curb Exchange steadily declined today. 23% | Selling, however, was not as concentrat- 12% | Swift & Co (3)..... 45 | Bwitt Intl (+4 3 3 1% | Swiss Am E1 pf (§) 2508 10 |Syracuse W Mch 2 39% | Taggart C 1 1 Tampa Elec 19% | Technicolor . Tech Hughes (80c). 3 "% | Texon Ol & Ld (1). = 3% | Tob & Allled Stks. . 2 | Tobacco Prod Del. . 5% | Tedd Shipyard (2) 12% | Tri 8a G p27 9-10e. 2% | Tri-Cont Corpwr.. 5 | Tubize Chatel B. ... 383% | Tung Sol Lamp (1) Union Am Invest. .- 8% | Union Tobacco 1% | United Corp wa: | Utd Dry Dock. 1815 | United Founders. 6 | United Ga 1% | United Ga S 7% | United Gas pf (7). . 413 | Unit Lt&Pwr (A).. 7% | United Milk Prd pf. % | U8 Elec Pwr ww. , 16 |U S Foil Co B(30c). 1% | U 8 & Intl See. US&Intl 1stpf. .. United Stores vtc. . %1 Un Verds Ext (50¢) 2 Ul P& Lt 13% | Uil & Ind p 2| Utllity Equitie Util Equities pt 5% 55 | Vick Financ (30¢). 314 | Walgreen Co. . 31 lker (H) p) 22 | WestCattpf (¢). .. 3114 | Westn Md Ry 1stpf w|West T&S (2)..... 1ia | Westfield Mfg Co. 3y | Willlams R C (70¢) 31 10 15| Wilson Jones c 6 1| Wright Harg 12e. 33 Dividend rates in dollars based om lsst uarterly or semi-i ¥ idend TPartly extra Pl ik i stock: in e Ady) e ad Plus 3% in stoce tock. stoc| | ot BE L R vk Washington Produce Butter—One-pound prints, 93 score, 122; 92 soore, 21; standards, 19; tub, 93 score, 21: 92 score, 20; standards, 18. "lan—mnnem 14; current receipts, keys, young hens, | 3 pounds ana over, 25; Leghorn broil ers. 11 pounds, 17; 2 pounds and over, (19; hens, meaium, 15416; large, 15a16: Lezhorn hens, 13al4; roosters. 8. keats, young, 40a50; old, 30a40; Winter chickens, 18a20; stags, 12. Poultry, dressed — Turkeys, young hens. 21 young toms, 18; old toms, 15, crooked breasts, 15; Spring _broilers, colored, 114 to 2 pounds, 23; Plymouth Rocks, 2 t6 2% pounds, 26; Plymouth Rocks, 3 pounds and over, Leghorn | broilers, 113 to 2 pounds, 20; 2 pounds and over, 22; hems, medium, 18a19; e ™| w! large, 15; Long Island ducks, 15a18. Meats—Beef. 11a12; lamb, Spring, 15a16; veal, 10all: pork loins, 11al: fresh hams, 12a13; smoked hams, 15a 16; strip bacon, 15a16; lard, 7; com- pound, 6'y. Live stock—Hogs, light and medium, 3.50: heavy, 3.25; pigs, 3.00a3.50; roughs, 1.50a2.50; calves, 3.00a5.00 lambs. 4.0086.50. Fruits—Watermelons. 35a75: canta- loupes, jumbos, 4.50a5.00: standards, 4.0024.50; pony, 300a3.50; strawberries, 2.50a3.00; cherries, 2.25a2.75; apples, hushel baskets, 75a1.75; fancy box stock, 1.5082.25; pineapples, L 3.4 1l'ga- 00; oranges, California, 3.00a 3.50a4.00; lemons, 6.00a 6.50; limes, per 100, 2.00; bananas, 1.25a 2.50; honeydews, 3.50a3.75; grapefruit, Vegetables—Potatoes, new, per barrel, 5.00a5.50; old, 100-pound sacks, 1.25: Idaho bakers, 2.50a2.75; sweets, per bushel, 75a1.00; tomatoes, lugs, 2.50a 4.00; repacks, 3-pan crates. 2.00a2.25: squash, 3.00a3.50: egg- plant, 2.00a2.50: carrots. 3.50; beets, per 100 bunches, 5.0086.00; turnips, 75 as- paragus, 1.00a2.00; cucumbers, bushel baskets, 2.00a4.00; spinach, 75a1.00; kale. 40a50; mushrooms, 50a1.00; cab- bage, 1.00; celery, 3.50; okra, 4.00; art choke, 4.00; caulifiower, 2.2582.50; squash, yellow, 1.25. NEW YORK, May 26 (#).—Stocks strong; shorts cover on tax rumors. Bonds weak: U. S. Governments firm. Curb irregular; rally checks decline. Foreign exchanges easy; guilder and French franc lower. Cotton lower; large Liverpool failure; Liverpooi lqui- dation. Sugar quiet; steady spot mar- ket. Coffee lower; trade selling. CHICAGO, May 26 (#).—Wheat easy: general rains Northwest; disap- pointing export trade Tapid progress small cash trade. Hogs slow and lower. BALTIMORE STOCKS. Special Dispatch to The BALTIMORE, May 26.— Sales. X Last Sale. 340'Arundel A . 100 Blan'ed Beeker com’ 175 ity & Marstind Sutual 30 New_Amsterdam VP W Power _ .. 109 Unie way Pidelity 200 Balti: e City 4s 1 B IS b nite vy & Market Averages By the Associated Press. én ERSELRoEsEES o 3 20 % 16% | dec! & | shares, as de 3% bl 1% 3% L1 | Dreferred, series D, which seid - 1% | Pears on the tape, bout o 3.25a3.50; rhubarb, per dozen bunches, | M 50a60. ed in a few groups as in the last several 10% | sessions. Trading was acti o o Im'flnl ve after early 144 Electric Bond & frairic, Bond & Share during the Just & small frac- 1% | tion above its low level reached Wednes- day. Cities Ser¥ice duplicated its pre- vious minimum. mn ot orplrx:- was down about a half point. Oomm{ywe‘nh Edison, with an initial d!or of 415 points, registered the widest ine in the active issue became public. This issue is being used to refund a :)Lol:drn,:nc 3 &r cent interest so charges. o American Founders 6 cent first dropped about 24 | points as a sale came out at 12, thus providing the widest fluctuation in the | entire market up to midday. Westfield Manufacturing dropped 6 points and ;Gny Telephone Pay Station lost 5'g. National Electric Power 6 per cent preferred and National Public Service |A and B and the two preferred issues had forecast the omission of the divi- dends, announced at noon. National Brewerles, Ltd., and National Standard |Co., as indicated by recent movements on the tape, declared the regular quar- terly dividends. So did Southwest Pennsylvania Pipe Lines. General Gas & Electric ignored the announcement that the preferred divi- dends, heretofore paid in cash, would be !declared in scrip carrying 7 per cent ! interest and payable in five years. Per- | fect Circle. which has been very inac- tive recently, declared the regular quar- terly dividend. Insurance Co. of North America sold down nearly 3 points as some of the shares held in its portfolios declined. Stutz Motors rallied after an early dip, but Cord Corporation and Ford Motor Ltd. clung to early low levels most of | the day. An outstanding feature of dealings was the number of inactive securities that were ticked out, mostly at lowered quotations. This group included Quaker Oats at 70, off 10 po: Manufacturing, 233, off Mountain States Telephone & graph, up 1's at 80%;. Both of the active anthracite issus Glen Alden and Lehigh Coal. ente: new Jow territory. So did Newmont Mining. The other coppers were not active. New Jersey Zink was a shade lower. The first of the food issues to | break through previous resistance levels was Fajardo Sugar. It was followed by Natios Dairy Products preferred A. Many low-priced issues, like Canadian Marconi and Reybarn Co., appeared in blocks of 3,000 shares and more. It was, in fact, the numerous deals of this type, | rather than big blocks of the more active and higher priced securities. that piled up the total of 140,000 shares in the first two hours, the biggest forenoon curb session in weeks. . Grain Market By the Associated Press CHICAGO, May 26.—After breaking to almost 3 cents under Monday's high point the wheat market today rallied rather sharply in the late dealings. Price setbacks were ascribed largely to beneficial crop results exepected for Spring wheat, returns showing nearly 3 ° inches rain at places in the Dakotas. Later, though, a blizzard Northwest was reported, and there were estimates that Spring wheat acreage in the four prin- cipal States would show a decrease of 15 per cent compared with last year. Wheat closed unsettled, %a’s under | yesterday’s finish; corn, ',a% off; oats, sal; down. and provisions unchanged to 7 cents lower. WHEAT— ay July (oldy July _(new) eptember leptember Decembsr | CORN— May July | Beptember December . OATS— July 55 September Decemoer RYE— May | duly : | September December FOREIGN EXCHANGES. (Quotations furnished by W. B. Hibbs & Ce.) Nominal gold Selling checks today London, pound Paris. frane % Brussels. beiga . Burlin, mark 3605 3981ac 1402 23.68¢ a=gs g zloty. > Copenhagen, crown. . Oslo. crown 3 Stockholm. crown Canada, 12'47_discount. 6% With Safety ll'GI'l.:l hmllwml o 3 fected Invesiiments: in’ denominsil j iy ey Guaranty Corp. 0 K St BUYEC, S SERYIRIARRED TO LOAN $15,000 FIRST TRUST 6% JOSEPH 1. WELLER 4% Washingten Lean & Trust Bidg. Authorized Service Wico-Webster R. W. & Simms Magneto Repairs MILLER-DUDLEY CO. 1716 14th St. NW. North 1583-¢ ANNUITIES PROFITABLE—SAFE ALL FORMS—ALL AGES Representing Ol ‘Line Companies WYNDHAM R. WILLS Insarance and Aai k YRS EXPERIEVCE Meney on Hand te Loan on First Deed of Trust 6% Interest