Evening Star Newspaper, June 21, 1932, Page 12

\ A12 xx% FINANCIAL, THE EVENING STAR, WASHINGTON, D. C, TUESDAY, JUNE 21. 1932. FINANCIAL. BANKCHECKTMES || TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | STOCKSARELOWER High. Low. Dividend Rate. Add 00. High. Low. Close. Chee. Addressog; Mult. 0 10 10 9% R Irt Nickel of Can. 101 4% 4 —%| 5% 2% Wilcox Oll & Gas T 4% 3% 3% — % Sales of Stocks on New York Excha; AdaressopraDh MUIL 2 Uom 0k 18% — | 36 84 IENIECanp( 3 55 53 55 41 3" s Willys-Overland. 2 In 1w 14 10:30 AM......... 100,000 :2:00 Noon.osrror 200000 | : Alaska Juneau (50c) 3 9% 8% 8% — | 3 1 IntRysCltAm.. 1 2% 2% 2% +1%| 4% 1% Wilson& Co (A).... 1 1% 1% 1% ’ 1:30 P.M®, 200,000 .M. 300000 ‘Ofl = Withdrawals of Funds by ANR§Ha 07 Cor 1 % s % - 4| 23% 9% IntSalt (1%) E T i 45% 22 Woolworth (2.40).... 32 261 254 251 — % Dividend Tates ‘a3 given 1n the above tabies are the swnvat | O11ENINGS INCrease on De- ¢ « Allegheny Qypfl. 208 5. F 1P 7Y 44% 32% Int Shoe (3).. 65 32% 32% 32% — | 23% 5 Worthington Pump.. 2 10% 10% 10% — 3| cash payments based on the latest quarterly or ha -yearly decla- | . Depositors in P Are Allied Chemical 88 5l 124 2% Int Tele & Teleg. 12 3% s 34— | 57 26% Wrigley (Wm) (). 4 31% 31% 3I% e | cline, With New L lepositors In Ferson PRI S i 3 ¢ T Wl 117 Do IntersmrteDeptSil. 1 2 me 2+ | Shat e 4 Umit of tragine Jews than 100 shares tPartly extra. tPlus ’ ows o N 1% |_18 10% Island Creek Coal(2 1 1% 11% > = . > tock. e Payable i h o - S e Ayable in { Not Assessable. Pl o F e 5 1% Yellow Truck 1 1% 1s 1% T steie TP o7 (0 Spettal breierrea ook, 'k By iy ea, | Recordec. i Am Brake Sh&F (60 4 1 . %| 2514 10 Johns-Manville. 16 12% 11% 1% s Zenith Radio. 29 i % % — %!inserp. TeRTAtaie] MPiug b in/atock: ot Am Brake Sh pf(7) 08 T e o m—— . . 214 - el - —- — s - ! ~ 113 901z KC P&L 1stpf B (6). 1208 93'3 93'4 93'5 —2% & 1 BY EDWARD C. STONE. R 280 %4 Ve 737 Kautmnn DS (s0c). BY GEORGE T. HUGHES. The much talked of two-cent revenue Am Car & Foundry + %] 2% % Kelly-Spring Tire 224 6% Kelly-Spr T 8% pf. 10% 2% Kelvinator Corp. 13 5 Kennecott Copper. 19 84 Kresge (SS) Co (1).. 1 Am Chain. .. Am Chicle (13). Am Com Alcohol new tax on bank checks went into effect , today in every bank in the United | | | Special Dispatch zo The § | | New = S D [corroraTion | NCREASE INBANK s o i g e | downward trend REPORTS taking place in the last hour when offerings increased. 3% 3w 3 — 1 1 1 +% 9 9 9 —1k 3% 33— 6 5% 5% 81 8n 8% — % TSI w & was in new low ground, though it was Lorillard (F) (1.20).. = {not_active. United States Steel com- Lou Gas&El A (1% Am Radiator. Am Eolling Mill; the banks say “for counter use only, placement buying or actuated by efforts not negotiable.” with the added state- to avoid the 3 per cent tax, effective to- 3 1 6 4 | y X % 3 f — — < | own 1 to 2 points on this reversal of 2 Am&Forgn Pw(T)pf. 3 + %|786% 25 Lambert Co (15). 5 30%, 29 29 | ' points on t| Sin Sai steeniy b Be ade Am & For Pwr2dnf. 1 Zu| 4" "2 ZaneBryant.... 1| ot ee) et TRENDS AND PROSPECTS OF S ol trende, Trading again tive to counter checks. ‘Am Home Prod ¢.20 4 -1%| 18 5 Lehigh Valley RR 3 5% 5 LEADING ORGANIZATIONS. | | ! | gly slow, transactions The law on counter checks, however, Am Ice (2).. 3 + %| 46% 304 Lehman Corp (240). . 1 2 | | g Bl ;J:;vazggfio?mfi?:r?nx 1s really very simple. If the blanks furn- Am International..., I 3 24% 6 Lehn & Fink Prod(2) 2 | s S, o ey 3 iadi ORK, June 21.—The follow- that period the volume expanded, ished by the banks say “pay to the Am Locomotiv 1 i) [l S GG L T Dry Goods Association Ex- ., EW, YORK. JUf important corpo- R€Serve Board Reports Rec- indicafing thar tots: meire today ‘f’rder o kthc e T A h°i§’T°p‘a°'§’“ 13 o Il f‘:fy‘{‘"ufig{«':psdf:;' 2o k) ration news prepared by the Standard were slichtly above those of Monday orm makes a negotiable check on m Mc y 1. 5 - s L e Taes : s S | - 3 : | Smpat ol Monday. which every customer must pay the Am News (3). — | 22 " 9 LiquiacCarbonic (2).. = 3 1z 1z 12 — | ecutive Tells Convention to | Statisties Co. Inc, New York, for the| ord in Consolidation Dur- “m‘:fp"rml;m Telephene was active and tax. whether he presents it in person Am Pwr & Lt (1). — A 34 13% Loew's Inc (14)..... 5 157 156% 156% + 'a | Associated Press: | s ‘d]) essure in U‘]l‘ last hour. It or not. Am Pwr & Lt pf (! — 5| 36% 1613 Loose-Wiles (13).... 1 19% 19% 19% — % Push Sales, | News Trend. ing Year of 1931 i uU L ngws low level for the depres- If, however, the blanks furnished by 3 AmMP & Lt pt A (5) — %[ 118l 975 Loose Wiles 1st (7). 100s 99 = 99 99 —li S. ‘ Whether stimulated by & wave of re- g . | nited States Steel preferred also | L 1 12% 124 12% — % T ment, “Recelved in person from etc. Am Smelt & Ret. .. irs ot 6 e day, Tetail salés of automobiles in the| BY CHAS. P. SHAEFFER, Eihads aiore e L Epeted fusk the depositor does not have to pay any Ao o M EW YORK, June 21.—P. A. O'Con- we 18 continued to ad- | 5 7 ofd ts ous um tax. %hxs form of counter c‘!’m)(‘k 1; Am Steel Foundry. R e encee e | Assoclated Press Business Writer. ALK McKesson & Robbing 1 Macy (RH) (n2)..... 10 Manhat Elev mod gtd 3 gt T 4| mell of Boston, president of the Na-|vance somewhat more than is normally| lid, 20% — % e expected at this time of year. ajor ank consolidations in 1931 were tlonal Retall Dry Goods Assoclation |BRCTGHC 1 oreace is attributable to 2/ more numerous than in any previous Allied Chemical and American Can Wwere among the leaders that had been Am Stores (12%) Am Sugar (2).. merely a receipt. The new revenue law does not touch it 3 & higher in the mo; but fi Practically all the local banks have Am Sumatra Tob. Marine Midld (80¢ 1 — 14 today told delegates to the convention | further and unexpected expansion in| . 2 lorning, but finished adopted this form of counter check. Am Tel & Teleg (3) Marshall Field & 1 3% = 1|57 the merehanidise managers/and sues | o Suthit, GYASE toiscame extent by Year. Eight hundred and twelve banks | 7ith net losses of cne to two points Some have used this form for years 2 Am Tobacco (16). Mathieson Alk (1% 1 10% + % Jomotion divisions of the association, | CUrtailment in a number of the low and | Were absorbed by other institutions dur- s o e wutlenediDy Others have had them printed within Am Tobacco B (16) May Dept Stores 4 10% Dot more advertising and mote cave: | medium priced units. It is believed |ing the year. roloes ey 1. Case. Coca-Cola, the past few days. They are con- Amer Type Fdrs p Maytag pt ww. 1 3 1N i BacyLabE arc- | that only a small portion of the June! - onsolidated Gas. Peoples Gas and 3 s Am W & 2 ful buying would help to improve . 2 In making this announcement the Public Service of Ne rsey. Wester: sidered much safer than the old “pay 4 Meiville Shoe(1.60).. 2 9 9 9 Bandivng cenditine | buying has resulted from a desire 0| poqeral Resorve. B Ol T 3 stern to the order of” blanks as a stranger Am Woolen vt new.. Miami Copper RS T TR O B o et buy- | Sidestep the tax, and estimates of af ECER. Weserve Board stated that of | Union. howe ed cannot go into a bank and get a bunch | Am Woolen Co pf. Mid Continent Petm. 12 4l 4% s L6, Of restiicted consumer buy- | sustained advance are predicted on the e o yeze members of trisied: e ch made up fts of blanks and then attempt to forge AuscondaCoppas Midland Steel Pred 12 24 o pnteaar s UL heier that puiic Duyig B ot guickly| S5 NCNTIC Snten and 497 wete non- | dividend pay early dealings, re- them in other banks later. SUuhor SapiiEn. Mo Kan & Texas..... 1 213 24 T e A S e » ». "0 | responsive to stimulation of this char- | EIIbCE hanks, traced all of this ground, at one time Anchor Cap pf (613). MoRenaTeasnE. 1 Ek BH than they ever did before The | O P espite the contraseasonal up-| Of the 315 member banks that went losing more than 5 poinis The rails Extra Work for Banks. Archer-Danfels (1) 4 Missouri Paclfic..... 2 2 2 right kind of advertising will pull, bm-s“mé that has been under way for| Ut of existence as separate institutions likewise vielded. Union Pacific lost Hundreds of checks were pouring Archer-Dan pf (7). Missouri Pacific pf a7 4 aa, it must offer merchandise that the | Uom) "woo ¥ redictions are that au-| LNFOUgh consolidation, 209 were ab- more than a point and Atchison almost into the local banks today from the Armour of 111 (A) Mohawk Carpef 2 6 6 public needs and wants, not simply | {onotive production in the first half of sorbed by other member banks, and |that much. Fractional declines Claring Hio e Tan Alctn vt caro i e Asso Dry Goods Moits oty v G 4% 4% what the store may want to sell. 1t| ST PSR 45 ‘per cent below | thelr absorption, therefore, did not af- registered by Beltimore & Ohio, first tax bookkeeping was being started Atchison (4). Motor Products S 9% 9 9 — | must present the very best value that | " .;rrecnonding period a year ago, | 1€Ct the banking resources in the Fed- ware, L anna & Western, Ne “This will add considerable extra wotk: Atch To&S Fe pf(5). Mullins Mfg B3 3 @, — 1| can be obtained and it should stress' g CITHRCPIGE FoCurrent estimates| €8l Reserve System. Member banks | York Central, New York, New jiuven & also additional costs, but the best AtiantisE sty e (DL Mullins Mfg pf...... 208 9 9 9 value and price. |the yeir's decline may reach 35 per| 2bsorbed by non-member banks num- | Hartford. Sou Pacific and Chicago methods of handling the tax have been Auburn Auto (f4)...x 76 1, Murray Corp. 15 sz s - . | cent.” First-quarter earnings of leading | “‘dbe“’"'bfl” compared with 197 non- & Northwestern. very carefully worked out. Aviation Corp (Del). 5 TR T e BR'T'SH URGE INCREASE manufacturers were around 96 per cent hmen|1u r banks absorbed by member There were long periods during the The new tax applies generally to all ¥ Baldwin Loco pf. 508 M R i short of the similar 1931 period. b Stock Exchange session when the tape e e e 3% Baliasre & ors = Ao o NATSIEesRE h B ik " e total decrease during the year in | did not move. Cause for this sudden money upcn any bank. banker or trust Balto&Ohiopf....e 1 =1a) 130 " 101 £ (7). 1 i IN COMMODITY PRICES The Compan| e number of oanks in the United contraction in speculative operations is company. whether such instrument is Barnsdall Corp..vees 17 31% 15 = Semm—— | American Water Works & Electric— | gratet, #85 2801, and the number in | hard to establish. as the day to day payable at sight or demand. Cashiers’ Rendix Aviation 5 ~ %] 2414 13 NatDist Prod (2) = . Electric output in May declined 20 per | §5gcy 'O 8% the end of the year was | news here and abroad is of the sort checks are also subject to the tax. to Best & Co 3 - 6 Nat Lead pf A (7). ggas = ¢ | DY ths Adscaiatad Eress cent; 5 months decreased 13.7 per cent. | 0" | that Wall st has been hoping for be paid by the payee bank as are money Bethlehem Steel. .. 6 - % Nat Pwr& Lt (1) #% — 1,| LONDON. June 21—The report on " sc ciated Telephone Utilities gros - - and on which it ha dicated its orders issued by banks or express com- Borden Co (3).... 34 Nat Ry Mex 1st pf. % empire trade as adopted by the Britih | ¢,ryings in 12 months ended April 30 | Gasoline Sales in Argentina. | prediction of a broader ar ner roar panies or travelers' checks issued by Borg Warner. 1 Natl Steel (1) 14 Association of Chamber of Commerce, | ;67 per cent; net before depreciation , - | ket during the rema he month banks. Briggs Mfg (1). 2 Nati Sui 1 6 — 1, |apd made public today, declared the goijineg 155 per cent. By the Associated Press. It may be waiting for Cor s to ad- Savings withdrawals, however, when Bklyn-Man Tran (4). 162 3 2 2 4 ‘: British taxpayer cannot indefinitely Brooklyn-Manhattan Transit took no The Commerce Department reports journ, or the Democratic co: L the pass book is presented, do fot Te- Bklyn-Man Tr pf (§) 26 A 2 % T 1t | shoulder most of the burden of defense | 4 icn’ 0" qUatterty dividend on com. | CONsumption of gasoline in Argentina | promilgate a platform. or quire the payment cf the tax. State.| Bklyn Union Gas(s). 1 Ny caary 98 13 12 T 1| and other empire scrvices unless greater pio, 0 S PEFTCL CRICTIC A ECC | has grown from 962,000 barrels in 1922 specific decision at Lauss county and municipal officers’ checks | Burns Bros p 508 = Ny otviicasin T oo facilities for trade within the empire ate 51”0 April 16; reguiar quarterly pre. | 1 5:660.000 barrels in 1930, an increase reparations. The s . drawn in their official capacity are ex. Burroughs Add(30c) o = N Y Chi & St L pt. i o accorded s ferred dividend of $1.50 was declared; | °f about 500 per cent. that no stocks are pressed for empt from the tax Bush Terminal(2%). 1 - N Y & Harlem ¢5). s 97 The report urged larger preference for ,nnounced 10 per cent cut in salaries A large increase in the use of auto- sale and that while the dullness at the Transfers between checking and sav- Bush Term deb (7).. 190s T+l NY N H & Hartford, 2 4 products of the United ngdt‘)m and gng wages of all employes, except those | Motive equipment, fostered by road moment is abnormal, the market is 55 acconnte’ eillier ¥on miendiog: o | Bush Terminal pf(7) -k NY NIt Hat: 3 suggested an sgreement with all of the L\), \iiom there is & definite agreemens | bullding programs, was given. unoffi- acting satisfactorily special instructions where such accounts | Butte & Superior. N Y Ont & Western. 1 dominions willing to be parties t0 On® 1, date. effective August 1. cially, as the reason for the gain shown.| It would be difficult to in the are owned or controlled by the same BeusiCATN i N Y Shipbullding 1 Establishmert of an empire trade as- pmpive Power Corp. took no action —_— small list of stocks dealt day & & Hecl um nts person, are not orders within the mean- | N Y Steam pf (6 re di- sembly was suggested as well 85 & on quarterly dividena on participating DIVIDENDS DEéLARED nalt dozen whose movem ng of the aci and such transfers are | Canada Dry (1.20). = North Am Aviation monetary policy whose objective should ooy “ysually declared at this time: rectly responsive to new developments tax exempt. | Canadian Pactfic 1%. 10 = Nor Amer(b10%s Do Sukciantaly 1o mine Cie Moo [r | bt 50 onie M) 1. SRNATOEY One of these was Brookiyn-Manhattan Veteran bank depositors said today Cannon Mills Co (1) . - North Am Ed pf ( levels of primary products, and t0 “"Southern California Edison Co., Ltd. . } Transit common, which was quite that the present tax method is easier Case (J 1) Co . 89 —1%| 23w 5% Northern Pacific — 3, | stabilize it. gross revenue 5 months to May 31, off | NEW YORK, June 21 (#).— ve, but in a price ra that indi fwn.;r[11)‘?:(;flgrsa“"!}:\?c;?vfiti)cts?fir; [l?:dutz, :;ll;;:;lefn’:':nc ..u.c. By .r;l gnlu 1bm 18 (;). = :. U s TBEASU.BYVBAL-ANCEA K;HB ‘pfrp(c’:né,e;mr.let before depreciation tm..Pb B mzsu( zmx)!\s:i:'.lrzliict;mé‘_‘(\r'l"‘i{‘)sga{‘rrsrr%m:f; keep supplied with stamps and put one | Cent Aguirre (13). 5 OB T = i e Tide Watcr Oil Co., advanced price | Com roorate. riod. able the other hand, declined 2 points be- on each check. Today he pays the same Cerru de Pasco Cop. 5 W 90 Otis Elev pt (6) i o b o Aceinted Eares of unbranded gasoline 15 cent a gallon Iotecy - e cause of the indefinite announcement tax. but his bank keeps the record. | 2 Ches & Ohilo (2%) 43 ta 4% 1% Otis Steel o Treasury receipts for June 18 were gt principal Atlantic seaboard points. «oduly 1 as to the term of the dividend declared All e has to do. other than pay the | Chesapeake Corp (2) 5 | 4% 35 OutletCo (4), 4 _g |$23586,050.01: expenditures. $18460.-| Pacific Mills Cuts wages 20 to 22'2 3 July 1 American Smelting & Refining 7 per tax. 1s to watch the stubs in his check | ChiGreat West pf. 1 %l 57" 15 OwensIlGlase(sy.. 1 20% T1v | 83827 balance, $677.144.50645. Cus- per cent at Lawrence division. Reduced. cent preierred dropped 2 points in an- book so that his account will balance | Chi Mil StP & Pac... 1 = toms duties for 18 days of June Were ~ Fashion Park Associates deficit. Year Am Screw ... ..20c @ July 1 ticipation of unfavorable action at to- with the bank statbment every month Chi Mil StP & Pac pf. 1 — ] 37 167 Pacific Gas & Bl (2).. 12 21 = | $10,987,229.55. ended January 31, 81,404,774, vs deficit | Bait Coml B« eI s dividend meeting. Auburn Auto or every three months. f’;i?o\ei';‘l’{ifiéfi : = 4:-. zwl':. ;:i‘l(rfrnll‘ll\‘i::::::(“:l-'- E - sl.}_.‘sondal.Po”r e e Gt ‘,!g ot Am Q uy 1 s ex-dividend and wys able to re ) : b 4 X % ! 5% 1% 1 3 y - C M) Lamp 1 cover the amount of ividens thi Safe Deposit Tax Also in Effect. ChiK1&PacT% pfs 4 1's Paramount Publix. — | NEW YORK BANK STOCKS | iz revenues off 10 per cont: et befare | Eac s bt £ G Grtua fn o The 10 per cent tax on safe deposit Cra “r’s'\}.' a3 Park & Tilford. - AR depreciation off 50 per cent: operating | Rck $. % S i = s also went into effect today and City lce&Fuel p! . s Park Utah. + % = s 1evenues in 12 months ended May 31, RRYV 2 B people had to add 30. 40 or 50 Coca Cola (18)........ = Parmeles Transport. + ] NEW JORK. June 21 (®).—OVer-| fell 6 per cent: net before depreciation, | Do- & monioi. s 8 SILVER QUOTATIONS. or the col vear. St vho e ke 3 . i Banks. ansa s & '0ss heve- = t o e e Columbia Gas (b1).. % = Penney (J C) (2.40). G Bid. Asked | nues in 12 months ended May 31, off " 3 Omitted fee 2o et have to pay any tax on these back dues. :‘mu""f!'—'f'dh'rpo\:,]' 1: - Penna Railroad % | 7 per cent, net before depreciation off | §i2me Iron Wks 1350 & October, 27.95 bid: December. A surprise is in store for a good many ‘omm Credit (30c).. 5 - Peoples Gaa. E 10_per cent. Cal Consumers p{'s175 Q@ T: January. 2840 bid . fe deposit box renters, Many mailed | Coml Credit A (3)... 4 - Pere Marquette pr pf Texas Power & Light May operating | Ccntl & Southwest 5 = L 'Saturday or Sunday. expecting Comel Cred 1st(634). 308 + Petrol Corp of Am... revenues were off 6 per cent, net before | oot Hii b &’ Due July 15 receipt by the bank on Monday. Comel Cred pf B (2). 208 Phelps Dodge Co. depreciation off 22 per cent: operating _ Tr. (Phila) s Due July 1 such letters arrived this morning | Comm Solv (60¢c). 6 Phila Co 8% pf (3). e 431, 433, | fCVENUes in 12 months ended May Dgiaware G e e ANNUITIES 1 time to get in on the new tax. | L_vmw.All:A:sauultl\);l - Phila Co new (6). B 143 143%131 were off 1 per cent, net before de- | jeferson’ Rity Corp. = PROFITABL suchicacss the banks Gediad the LAunlv\\ll e ) g Phila& Read C&1I.. q Central Ha 94 @8 preciation off 1 per cent e O e 250 S Due July ALL FORM box holder with the payment and then i ;’llvlm.pso‘l';e‘:;oloum. = I Chemical 180, §h | g Brodlian Traction, Light & Power| K &L Seuies i 3 Due June3) Representing Old Companies had to send out special letters to col- | et e L 1% s = 3 Comn Eac 3 45 Cot« bufd 4};} froe Oflagd‘ Der cent. | Parker Trad Cors o e WYNDHAM R. WILLS ect 3 s g < - e 3 ! = — 41 Empire 16'2 net before reciation amortiza- 30c ue June - ]r_fm”;fisl‘““d o cnec alost ! Consol Laundries(1) 1 Pitts F W & C pf(7). 100 108 108 10t | Gusra 203 * | flon off 66 per cent: fivemonth groes | Twin Disc Cluichizise & Due July 1 Insarance and Aonuity Broker 21 YEARS EXPERIFNCE Chandler Bldg. Consol Ol Corp. Consol Ol Cp pt(3 Pitts Steel pf. 14 -1 |Irv 160 Pitts United pf.... 7 1 | Manufacturers 7 | New York Tr 15% off 183 per cent, net before deprecia- | Regular. &' | tion and amortization off 216 per cent. Am States Pub Sery 3 2-cent check tax. MEt. 2719 The next bank statements may prove 27 & Tr (480 . & . a Contl Baking (B). 1'; Poor & Co (B) . | Title Guara. 32 c W. -Silv —Re- | $1.50 B » fevelation to those “hohdra;ha_hr;-‘ltll Contl Can (2%). 2472 Proct & Gamb (2.40) | Teihelldes "extra cpfit_{;p;ingd“&”} fé’r)“;“?,’%'yfich?;_ AwigNa Carp A5 & 3 ———— e e e ) Cont Diamond'Bibre. — 2 29% Public Sve NJ (3.40) cery Court. Wilmington, Del.: at same | " Bo. 5 5t ' * 1% Q@ 3 WE CAN i Z t Insura 4 f Sve NI pf (5). 3 gton, .3 e is trying to help Uncle Sam balance e 5 3% Bublic S¥C NI DL G L BRI e B z RENT YOUR VACANT the Dudget. And bank patrons. miit A H : Washington Produce| | "= 0 3 Property—Let Us Manage Your Real keep on paying these taxes until Jul “ontl S 1 Howe Sound Co- clare cents J Estate—Real S e ¥ y Contl Shares. ... ] | dividend: paid 35 cents on April 15, 3 al Service and Excellent s Eek Betanns Tl EU'“;}Oguc‘"' ) o | prior to which 50 cents was distributed 4 esults nds Lead Exchange Trading. Com ety = dr Radi Corp pe (A) . Butter—One-pound prints, 93 score, | quarterly 2 : s Bt pr. .8 3 Thos. E Jarrell Co Bonds led trading on the Washington Sl s e 26 Radio-Keith-Orph. 20; 92 score, 19; standards, 18. Tub, 93~ Vogt Manufacturing—Omitted quar- G UL 0P ALY 4 > e oy tock Exchange today. The first sale >rown C 3 “I ). Reading Rwy (1). score, 19; 92 score, 18; standards, 17. | terly dividend on common stock; last | Lt & Tiac.... .51 P: Realtors was in Washington Gas 5s at 997, SroniZcllebacii.s 4 mington-Rand, Eggs—Hennery, 14; current receipts, | pavment was 15 cents on April 1. 1932, | _Do. s Ji 21 10th St. N.W. National Crucible Steel pf. Cudahy Pack (2% Curtis Publishing (2) » Curtiss Wright. Washington Gas 6s. series A, opened at 98!, two $2.000 sales them being recorded at 99. Bonds closed with two 1 Rem Rand 1st pf. Republic Steel Republic Steel pi D! 11212 2 White Motor Co.—Gets $1,500,000 or- S'ye Un St Yds. .37iac Poultry, alive—Turkey hens, 12; toms, | der for post office trucks. 7 10; crooked breasts, 10: Spring broil- 6% With Safety $1.0C0 sales in Gas series A bonds at 9 i - " Reynolds Tob A (3) ers, Plymouth Rocks, 2 unds and ¥ ey w3t In Guaranty First Mort- Capital Traction stock made a n ECESE RO + | o0 26w ReynolasTob B (1)1 over. 20a21: 2. pounds and under, Fuel 0il Price Gains. SINATR MRS fecte tavestiniiSsarities, “well se- low for all time, although trading was|_10 __3'a Cutler Hammer..... ~ ™| 23 12w Royal Dtch (a8lc).. 18a19; Rhode Island reds, 17a19; mixed 5 | e Colns as low as S100. very light. Three five-share lots Dave, ores (60¢). Ny colors, 16a18: Leghorns, 14al6: hens. NEW YORK, June 21 (P).—Fuel oil| Kv\ i7 pf..... 3178 CONVENIENT DEFERRED PAYMENTS changed hands, ex dividend. at 9'.. Davison Chemical. .. St. 65 SafewaySERRti(D) colored, 13a14; Leghorns, 12; roosters. 8. prices are holding recent gains and in| _ Do. 57 pf $125 Real Estate Mortgage and Poultry, dressed—TurReys, hens, 15: | some sections further advances are Moy Pac i rise® Washington Railway & Electric pre- Delaware & Hud (9). 6% % St L-San Francisco Guaranty Corp. 000 WODOOD DOO WOOO OOD DOOOO On POOONHOOOD B. F. SAUL CO. 925 15th St. N.W. Nat’l 2100 of many commodities the taxes h;\'e 5% 113 Hupp Motors ®een added to prices, but not a few 0 ™ S manufacturers have announced they| ln ‘¢ [linois Central...... 1% '» Indian Motor Cycle fwould absorb the imposts, and in some| 39:; j4s, fngersoll Rand ( s % 15 Warn Bros Pictures. 7 1% Warren Bros........ 15% 9 WessonOil& Sn (1). reasonable. ¥ ferred figured in four 10-share lot sales | 3 Delaware Lack & W.. 4 toms, 13; crooked breasts, 13; Sprin; " cum pf......... $1.50 2 S .. at. 7fi‘—_,g:nu in another 10-share sale | 63 Detroit Edison (8).. 9"; 1 StL-San Fran pf. broilers, Plymouth Rocks, 215 p&ndg being put into effect, according to oil MontreRr T ate June20 | 1610 K St. Nat. 1403 at 783, i 12 Diamond Match (1). 5 and over, 23a24: 2': pounds and under, | interests. The Standard Oil Co. of New Mor Pl Bk of Va 37izc June 20 The auctioning off of the exchange 4 Dome Mines (11.20). 379 rs, Roebuck & Co. 21a22; Rhode Island reds, 20a22: mixed ' Jersey has advanced the price of bunker Tel 2 June 30 seat held by Edward B. McLean, former 23 DrugCorp (4)...... 4 5% Servel Inc.. colors, 19a21: Leghorns, 17a19; Leg- | ryel oil 10 cents a barrel to 85 cents at Nor 2o Fireil A s June 20 Money on Hand to Lean e ublisher of the Washington Post, was 50 Dupon:t de Nem (3).. 4 3y horns, 15: roosters, 11 Islan T ise I puezy =2 Elon Eost P 4 Shell Union Oil. » 11i Long Idand New york, Boston, Baltimore and Nor- | (D077, B! z 1 June . postponed one week. on request of Me- 80% DupontdeN dbpf(6) 2 31 Shell Union Oil pf ducks, 14a15. : . [or” s Judd ditg $1r3¢ o nne2 | First Deed of Trust Lean’s attorney. The attorney stated | 87 Duques Lt 1st pf (5). 20s 10% Simmons Co. 3 — 3| Meats—Beef, 13: veal, 12; lamb, 17; | folk and to 80 cents at Charleston, S. C. Pac & s;’\}“’}‘,;‘,;.“é,ffl, 1 Junels ;Lm. he \\'ixh;d to get in touch with Mr. 37 ocony-Vac (80¢ 29 = gork lox&s. 1 ire;h ham: i4]3,lsnl;okpd Diesel oil is up 15 cents a barrel at | S Pl ::giu July 1 June20 cLean, in Paris, or wherever he may | n Mfg Co (50c).. 3 Solv Am pf ww(514) 1 ams, : strip bacon, ; ok 7 . ints. 0. Si3% b 2 July 1 June 20 be, at the present time. The exchange uto-L (1.20).. 10 South Port Rico Sug. 12 — 14| compound. 6 these points | Pt £nfes Bosg @ Juy 11 June3o 6% lntereSt governors willingly granted the request. ; %, Electric Boat. . : 1 outhern Cal K . 5 1 Live :tggk‘—:‘loz’s. lizhth{'gngi 20; me- S N préfi."suno( CodL™ Q July 1 Junezo b Musical Instru 52 Southern Pacific. 68 = ium. 24.20; heavy, 3.25a3.75: pigs. T o8 6 S sk Block Wikt Secatr. 1% I Eehwaricar: o outhern Railway 3 3a 3 3" nl3550a400; roughs. 15082 calves SHORT-TERM SECURITIES. ‘Prl;:a:lfl Lone & cavings Soe i Jure B peaien and New York City bank stocks held | g1, 10'; Elec Pwr& Ltp(6). 3 SoRyM&Octfs (4) 1 313 3% 315 — 15| 300a5.50; lambs, 4.0026.50. | (Reported by Chas. D. Barney & Co) |_(Chicago) . .. 5250 Q July 1 June2s steady during the past week bas:d upon| g4 = 121, Elec Pr&Ltpt(T)e 5 Spalding (AG)...... 1 b6 5 5 Fruits—Watermelons, 50a80: canta- Bia. ofter. | Seefl Roller Bit .35 Q June3d June 20 the averages compiled by Hoit, Rose & 12% Elec Storage Bat 3) 2 Stand Brands (1.2 32 10% 10% 10% — u|loupes, jumbos. 325a350: standards, Allis-Chalmers Co Ss 1937 . 1 O1els |SlicqUb ok YIS Q Juls 1 June 23 JAMES ‘Troster. The aggregate value of 16 Sng P'S pf ww (53%) 1 Stand Gas & Elec 10% 10% — 3, |2.75a3.00; ponys, 1.75a2.00; apples, | American Chain Co, 65,1933, . 41 420 | Smyth Mte Co 50c Q July 1 Juneir leading New York City bank stocks at | GitOfce Bldg 1% 2 Stand Gas&El pf (4). 15° 15 _ 1,|bushel baskets, 150a175: box StOCK, | Amer Wat \Vke & EU G 103 4 by Sl AEVMGE OO0 643 Indiana Ave. N.W. June 17 closing prices, amounted to e R R st pf. 7 Stand Gas&El pt (). 30% 30% + 1.[1502.25; plums, 125a1.50; figs. 1.25a | Baitimore & Ohio #1:8 1933 . 41% 43 = |stand Pw Lt br. $178 & ame 39 June2o ndiana Ave. NW. $1082,552.000, against ' an aggregate e Winrseiak. 1 Stand Gas&El pf (7). 37 37 +1 |150; apricots, 2.00; bananas, 1.50a2.25; | Belding Hemingway Co. 65 1936 80 ° 98, |Stanley W 6 pf37.c Q Aus 16 July 30 value of $1,096.236.000 on June 10 and Feasiity Pheena 2y 1 Stard O1l Calif (2).. 184 184 — 1 | oranges. Florida, 4.00a5.00; California, | Canagian. Nor. Rwy. 4135 1935 00 8ots | Jaecoptt & POW GO 0 o suiy a total of $929.895,000 reported gn May ; Firestons T&R pr(6) 2 Stand O1I NJ (12). 24% 24% — 3| 2.504.00; alligator pears, 1.50a1.75; | Chi. Northwestern R R.5s 1933 42 63 * | Travelers Ins. "' 84 Q June3s Joneis 31, which was the lowest total fecorded " First NatiStrs Q%) 7 Sterling Secur pf. R lemons. 5.00a6.00; honevdews, 3.00a3.75; | GLGd S or % Wheeling. 52 1933 [EE e xeen Investment Dealers since the decline started in 1929, e Al S q Sterling Secur cv pf. 17 17+ u/|grapefruit, 4.75a5.00; honey bails, 6.50: | Grcaceh Go ) necing, 55 1533 - | Dniversal Lt Tob ne sy & oy 1 Junedo The average yield of the 16 stocks 10' Fourth Nat Inv 1.20.. 1 Stewart Warner..... 215 24 rhubarb, per 100 bunches, 3.00a5.00; | Commercial Credit Co. 5's 1935 | Vermont Ltg pf...$150 Q July 1 June 38 & 5 - on June 17, was 1136 per cent, which O 5 Stone&Webster (50c) 5% 5% cherries, California. 15-pound lugs, 2.00; | Delaware & Hudson Co, 55 1933 | WopBridge & Ir. .33 S July 1 June2o || Communicate with us, if you mmparetd wnthrgzdax:ira(%e yi(l»‘]d of{llufi,;a‘ 3 Fuller Co 2d pf. 108 1 2:.‘:."3‘1’1.:?:80“"“ _.;t. _.;». --2t. E:src‘hes. 3.53!: bladckls)grn;‘s. lz:.sn.5 Tasp- | Gen, Mot Accep. Corp. & 1531 "“c? B s siv¥ @ Junels Juneis are interested in selling the er cent, recoi e close of e | S . T 7 b rries, quart, red, i lack, 25. Fenera m rp. 58 Vaterbury rel . Previous week. T Gamewell Co. 108 s "'t Superior OIl. st s Vegetables—Potatoes. new, per barrel, | General Pubiic Service 3123 1038 WhGDy E'Mach 4150 @ June3o Junezs ||| preferred stock of a growing Based upon the June 17 figures, ' Gen Am Investors 13 TR TE T T — 1(3.00a325; old, 100-pound sacks. 1.25: | Housion E. & W. Texas 55 133 6% B C.....".$150 Q July 15 Junego || Imdustrial Banking Corpo- teen issues now are selling at 8.1 times 10 n Am Tank Car(1) 4 13% 9% Texas Co (1)... 2 97a “', ™| sweets, 75; string beans, 1.00al.25; | Keystone Telephone Co. 5s 1935 Wisc Hold Co A..17i2c Q July 1 Junels ti Liberal i their known current carnings, against 4% Gen Asphalt (1) 2 - 26% 12 Tex Gul Sulphur (2). 18313 13% — % | limas, 3.00a350; kale, 50a60; spinach, | LECiede Gas Light Co. 55 1934 Wesiear ot e o oy L aweis [HEs SR COSER compioHese 8.2 times on June 11, and 6.9 times on Ll Gen (‘a\rle. 1 23 113 Tex Pacific Coal&OIl, 1% 18, — 1| 1.00a1.25; lettuce, Iceberg, 3.50a5.50: | New York Cent. & H. 4s 1934 6% pf -.....$130 Q July 1 June1s Address Box 287-E, Star Office May 31, the record low. 3% Gen Cablep 10; 613 215 Tex Pacific Land Tr. 2 2 homegrown, bushel baskets, 50a1.00; peas, | New York, Chi, & St. L, & 1g32 ‘»t»fl#’e‘in‘"‘su“.; BL3LTS Q June2s June1s Heard in Fnancial District. 0 Cen e o 14 37 Third Avenue 5 5 + 13(2508275; cabbage, bushel baskets, 1.24a Northv Rl Telen, 4as 1934 | < Q June3o June 16 5 . : i (‘”‘Eiu (606> 19 2 16'¢ 10 Third Natl In 2 11% 11% ~+1%| 1.50; squash, white, 75a1.00; yellow, | Portland General Elec. 5s 1935. John A. Reilly, cne of the vice presi- R e 2 .| "1's % Thompson Starrett 3, % — 1100a1.25: tomatoes. lugs 175a2.00; | Republic Irom & Stcel S5 1840 | ents of the Federal-American National Gen f‘_m’d" G 31y 2 Tide Water Asso Oil. 24 2% corn, 2.00; asparagus. 1.00a1.25; carrots. | Southern Pacific 5s 1634 . o0 100 | PROPERTY MANAGEMENT rank & Trust Co. was one of the | A & EleA Ty, 1808 30% 20 Tide Water As pf(6). 273, 27% +1 |per 100 bunches, 4.00a5.00; turnips, per | St. L. IM.S. Ry. R. & G. 45 1933 50 EPERkas S atlie§ conven vl oL Etal] n G ml A, 10 “1 "5 214 Timken-Detrolt Axle 2 24 100, bunches, 4.00; cucumbers, bushel | Union Elec Li. & Pow. s 1933 <redit men here today. He has made R b 23 912 Timken Roll B 1%. 10 10 — % |baskets, 100125 caulifiower. home- | YReR, O 20 £ SN 5 1938 ;Aimr{;u&;fie& Special study and was B8 SenMiInI - s Transamerica Corp 25 2% grown, 1.50; corn, 2.00; okra, 1.50a2.00. | Wabash Rwy. Co. 55 1939 Apartment Eloise e S0- 4 sen N - 5 2% Transue & William; 2% 2% — % ciation. Tl 62% Gen Motorspf (58)... 5 G e e il ek 3 Uni S E LI e 5 1 Gen Public Service. 1 . 2 the same- Summer cchedule which (h | 14% 2% Gen Refractorien... 3 2o el DT bank used during the warm season a | 24'« 10% Gillette .\'.xf;:sz ) 15 ii': lgt U"fif{"}“c‘ 1‘1;(‘1".';“,) 1;% l;l‘ = What a Comfort MANAGEMENT : ? 3 ¢| “61s 2% Gobei (Adolf). 7 % 84 Un Ofl of Calif(1. no 9% — 4 e-?;sl;s 2;5(.03 O‘Z-tlc]gk :;l“:ktll‘ ‘;“t’;e:fignn{;;:: 19% 8'4 Gold Dust (1.60) 8 94'% 32% Un Pacific (6) . 37T% 3T —1% #ame as the national banks do. The| 5% 24 Goodrich (B F). 1 + 19% 12 Un Tank Car (1.40) 12w 12 g : 3 F you want to enjoy worryless early closing hours will remain in ef-| 18% 5'a Goodyear Tire&Rul 5 - 16% 6% Unit Afreraft.... 8 84 —it i1s to feel certain of Mect until September 16. 61 19% Goodyear 1st pf (7) 3 2 - 46 30% Unit Afrcraft pf (3). 41% 41% -1 3 i il secktalibe owassdin: of ThejiRationall Fertiliser Assoclation {104 57 CoramBilk Hostary b S18 1o 196 o ) 108 o DmieBlacnitat () i ey the safety of your Im- P P q 5 4 1 Graham-Paige...... 17 % 1% nit Corp (40c). Y 2 ) ) > s, epoloonle erines aced Jase| 8" 1 Grand Sitver Siore 1 % 3+ x| 38% 20 UnitCorp pf (3) 4% 25 + % portant Papers, Bonds an apartment house place its ok The ' sssocition’s index ad. 30% 14'3 Grant (WT) (1).... 2 16% 16 16 — %| 30% 10% UnitFruit (2)...... 14 1 % S management in our hands. anced four fractional points. | 25 51, Great Northernpf() 2 8 7% 21% 91 Unit Gas&Im(i. 2% 12% Insurance Policies, 8 R ““While Peoples Drug Stores, Inc., re-| 13% 6% Great Northern Ore. 5 5% 6% b5l 94 70 Unit Gas&Im pf(6).. 8% 8% + % B 5 ah rts that sales in May were off over | 80 48 Great WnSugpf(7). 80s 60 60 60 93% 65 UnitPleco DWpt 6% 64k 64% +14 family keepsakes and jewel- We take all the responsibility ,mper cent, sales for the first fivemonths | 1% 13 Grizsby Grunow.... LI 25% 10% U S Gypsum (1.60).. 12% 12% — % : 4 1983 are within 4 per cent of last|_14% 3 Guif Mobile&Nor pf. 3 3 3 ) :14;\- 13“'. Uslndul‘Ai}:ohol’ 1;*. 1& = :/: ry, while you're on Summer and apply our successful expe- fear's record. 0 4 Hall(WF)Ptg(asic). By o s — o o BCUBTI &4 G) = = travels! : 4 5 — — 78 50 Helme (GW) (17) iglv. i.!"u E;x. +1 19% 10 U S Smtg & Ref (1) 1% 11% + % A rience covering more than a 83 46 Hershey Choc (6)... —2% % 4 ' . . i Seek Data on Taxes. 83 57 lershey Choc pf 15. ol 6o Sifeo e, | (30 AE Sm bt P p 3 Sh st {|Rental of' one of Our third of a century. Our fee is NEW YORK, June 21 (#).—Trade or-| &7 Househd Fin pf 4.20. 43 43 43 + y 4 e = 3 anizations are finding it difficult to| 244 % Houston Oil.... 1% Tuk 11w - w110 eEE USSR N s SAFE DEPOSIT BOXES nominal. ‘complle accurate data as to the atti-| 161, 5 Howe Sound (1) 5% bW 5% — M y 4 : entitles you to such assur- Rude of companies within their groups| 30% & Hudson& Man (3%). 5 15 15 8% 6% Vanadium Corp..... 7% 7% — % - .on the new excise taxes. In the cases| 11% 274 Hudson Motor Car. % 3% 391 20 Va Car Chem 7% f.. +% ance, and the cost is very 70 20 West Pa Elpf (6)... B AN A A0 SN S - - & cases decision 2s to what part of the| 4 Inspiration = 1% 1 i 110 80 West Pa Pwr pf (7). -% CAPITAL AND tax, If any, is to be passed on 10 the| 141t 215 Iniorbare R rens 3% 345 3 w| 7% 1% Western Maryiand.. - SURPLUS fcnsumer has not been made. - | 137" 65 int Bus Machine(n§) 0% 69% 69% + 4 5O 13% Western Union Tel.. 40 147 =% $3,500,000.00 e . 1% % Int Combustions.sss %W 1T 9% Westing'seAlrB(1). 8 105 -k 00N MORTGAGE a Capstruction of @ large ocean liner 21% 4% Int Combustion pf... 1% 9% 11 41 35% 1815 Westinghse Elec (1) 72 224 204 21 — % 18 4 14 14 _ _ 12% 3 WestvacoChlor(1)., .3 5% B% 6% + 3% [as been started at Greenock, xothnd. 29% 13 Int Harvester (1.