Evening Star Newspaper, February 27, 1933, Page 15

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., MONDAY, FEBRUARY 27, 1933, FINANCIAL. #%3 A—I5 BONDLISTHOLDS [[BONDS ock=ekcaevet | LNESTOCKPRIES [™ wncrocerwowne | N. Y, CURB MARKET | GURB SHARES GAN Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office. IN NARR INFIRMER TREND i e - o - AFTER EARLY LSS R LS UNITRS. .sn:;Ax:s?' {Goodrlch 6ss... 05 30 o 3 % of mylf’::'::mnm,fi' e 539 | Distaenaate. Add00. Hish. Low. ctoss. | Dividesd Hate. Adaq. mun. e [y :85. Goodrich 6 Aluminum of Amer850s 40 374 39 " | Prudential Inv. Lib3%s32-47... 10034 10078 10032 made public thelr annual reports for | Alumn Ltd cum pf. 20 20 |PubUUIHIdxw.. 1 . " Lib 1st 438 32-47 10110 100 31 10031 . B 2 1932, their combined net income Puget Sd P&L$5 pf 100s S o ¥ Market Displays Steadier [Libath ¢s3s-38 10116 2011 10116 7 :iLittle Change in Quotations |amounting to $269,350,000, 8 drop of | Am CitP&L A a3) 2% 28% | Quaker Oats (15)... 508 Utilities Lead in Mild Rally, or : U8 33m 4645 - 3716 9624 o714 2 L 67.8 per cent*from the preceding year,| Am Comwlith Pw A.. i %) Balwer & 14 B 000 With Offeri W ione as Offerings Are % M41.43, 9920 996 9920 |GrtNor4%sE"T1. Is Noted During the says the Standard Statistics Co. The | Am Cyanamid B. 34 o | Baythen M. 2 ith Offerings Well %57 40-43.. 1004 9918 1004 | Grt Nor5%s B'52, utility group showed a decline in net | Am & For Pw war. % Rubberold Co (1)., 1 A Safety Car H & Lt. 1258 bsorbed' Sharply Reduced. 7. 992 998 spat | OrtNorgmiaas.l Past Week. income of only 194 per cent, which 1038 10123 1084 e contrasts with a shrinkage of 94.9 per | Am Invest Inc wai St Regis Paper.... 19 1062 10515 1062 Hudson Coal bs 62. 28 cent by 452 industrial companies, and | Am Maracaibo. Salt Creek Prod (1) 1 BY CHARLES F. SPEARE. Hud & M adj 6#°57. BY FRANK I. WELLER, a net deficit of more than $77,000,000 | A Superpower Segal Lock & Hrd.. 17 BY JOHN A. CRONE. : 3 Sales. High, Low. 2:88, | Hud & Mr£ 6 Feadiclor p ik by 27 reporting railroads. Am Super 1st pf 6., Shattuck Den Min., Special Dispatel: to The Bk i N - | Shawin W&P (b0c) NEW YORK, February 27.—After 57.. Bpecial Dispatch to The Star. 4 Humble O11 §s '37.. Usual late Winter developments have f3henandoah Corp. . taken command of the cattle market BONDS ON THE CURB and now the lower grades, rather than MARKET = = ru@inlonRuantacararnm " Shois when Oferings spp-ared, bu | AT Chain db 6a°3 | I CostLan'ss X generally speaking the selling pressure | 1% 111 Steel db 434 5'40. Allegnany 5s°50 ‘was not heavy. . . . 1 b s News calculated to affect the invest- | A™ Inti S4= 40 R TR cholce yearlings and light steers have | 1 Alminum Co 58 VI s S et v 0% |stand Ol Ky1.20.. 22 from that territory. This merely aggra- ment markets was about equally divided ‘Am Sm&Ref 55 47 " Int Rap Tr rf 6s 66123 4 | been scarce, frequently below trade re- s ) Brazil Trac & Lt. 2 Stand Oil Ohio 1%. 508 vated the situation brought about by Detween good and bad. Henry Ford's | AT 3m&Hef 03 M- 0 . | Int Rap Tr 6832 sonntongon th . Pw bt 9" | Brillo Mfg (60¢) ... 1¢ 9% 9 s, | Stand Oil Ohfo pf 5 208 the shutdown of the Baltimore and dramatic entry into banking in De-|AmM 3ug Kol 83 97. 3 Int RapTr7s'32.. 3 § ) | T rsmenis; whetens the supplyof lower| :31 Ane= Sid1, 1% “ | Buff N&E pf (1.60). 7 18 % | Stein (A) &Co....1008 & 5 |Detroit Stock Exchapges. troft. struck a ‘cheerful note, indicat- [ A™ T_:;:'{tr'a" et : ot Comant Ba s .. 3., | Brades has been expanding. | s 4 9 98 2 | Buft N&E 1st ot 1 Stutz Motor Car. .. Electric Bond & Share led the rally, ing that money wouid again begin to | e 806260 144 Int Hydro El 65'44. Although still in liberal supply, | f , B Bunker Hill & Sul. . T5s .| Swift&Co........ | gaining nearly a point at one phase of flow freely in that great industrial| /% em qey 5e g5 213 Int Pap ref bs A'47 weighty bullocks have not been uing' Arl P & L bs 7 BurmalLtd rcts pde. 4 " Swift Internatl(2). | the upturn. This movement took place center. But that news was offset to|Am e a2 o6 Int Pap 65 '55 ¢ 5 : Butler Bros. ...... 2 Sylvanite G M(4c). | after Standard Oil of Indiana, Mont- some extent by the spread of banking | AT T&¥SMS 45,0 07 : Int Tel&T 414530, & up as they did a month ago, and the| 4 : e Tampa Elec 2.24. .. | gomery Ward A, Quaker Oats and troubles in Ohio and the decision of |Am Wa 51 IntT&T 4%s '62. . better grades have been in broad de- 4 o g % | numerous other issues had touched new vat Wks 6s 7| Carib Syndicate. .. Technicolor. ... .. the board of governors of the Cleve- | {7 TR 05, 0% IntT & T 58 '55 B . g < Tech Hughes (60 |low prices for the year or longer. land Stock Exchange to close th: Ex- | Argentine53%s’62. 4 n 8°65. ... 28% mand, despite sluggish and unevenly Carman & Co (A).. ech Hughes (60c) i e !muble{elnaur‘:gugs A 3 8 1 . | Trish Free St 55 60 ™ 4 Caaton oy Trans Air Trans. .. change today. Argent 65 '61 May. 10 lawer prices”in 'the’ dfosed s matket 8 0= 4812 4512 | G > : - | of the country, in some cases due to 7 , Italy 78" g | G ) Trans Lux DLP S. Evidence on the part of the Nation's | Argentine 6s'59 Ju e Sy ed 2972 | feature which indicates that the highly s i 4307483 43% | Cent HudG&E(0¢) s Lux ST e oty e Cave duells ! in Michigan, overshadowed all other I , 1 Cent States Elee « | Tri-Cont Corp wr.. prominent_spokesmen of a determina- | Argentine 6s'69 Oc s finished end of the weighty steer crop is B . 96 Gont 3tx b o ' = + | Tubize Chatillon A. tion to follow a sound money policy | Argentine 6s A '57. ¥ % | Japanese 5% v 38% | also ing more nearly in line with BT iy R IR I W e S e U"d ze Chatillon e s e was, of course, a morsel of cheer, as|ArsentinefsD 8. € Japanese 638 54.. 474 trade requirements. 2Cent Pb Ber Sis 0. B 4k 8 Cltiestervics: 160 5 1 % | Dntron Bonndsrer. specific trades renged from cheerful to Z" &‘:’.fi“@#‘é = z‘;'fstlr,u.::i:; g}‘;{gg; el D,‘,‘;*‘fi s e 1 73%|KanCFS&M4s'36 & 50 Supply Belived Large. 1Cnt St P&L oVas ‘b3 > a 30" | Cities Service pf. 1 6 123 e hopeful and earning statements and Carporation that there will be any | Assoc Oil6s35.... 11 b i oo 120 | The trade belleves that lower grade e e Cities Serv pt B 1 td Ga [ dicend ackionstwersSin Hhm Wi o change in policy regarding the board's | Atchison gn 4s'95.. 53 A %1 gan cng Sou 580, | cattle, now making up the lon's share 50 2013 2 t,m;l; ‘\;-;’3? :,',‘fg, 752 % 4 lu ::: t:i lnt mA. ; 13 | ngmct;{:si d public: ubilities nstarally 2 - . . . 768 33 - et . loans to banks. Atontxonis mar o2 Kan City Ter 4560, jof the crop, will run freely during the : s wr ( 104 | were the most affected by the closing % | of the Cleveland Stock Exchange. This 18v% | group included Parker Rust Proof, passing through a period of consid- 111 Bell Tell 6 Smith-Corona vte. rallied today, though offerings in the hammer. Sales in A Atlas Util pf A fouth Penn Oil (1) | greater than in recent sessions. NEW YORK, February 27—After |ADILIDIP&P RT3 2 1 |sungary 1% % Singer Mg Co (8) opening lower, the Curb Exchange erubie“nrus l‘l’st ;eedk‘. th:o‘liuted b%?,d Alleghany 5549 111 Cent el tr market opened steadier today. o 50 Am Gold & Plat. Il Centrf 4s'55... the better, are under the buyer's Sou Cal Ed pf B 135 | first few hours were about 30 per cent ). thousands. | thousands. : - Low. NogB- | Axton Fish A 3.20. . 258 Stand C &S (2.40). Closing of the Cleveland Stock Ex- The week end found strictly good and a H6% | DenefInd Loan1% 1 Stand Ofl Ind (1).. change naturally caused some offerings o PRRRaHHSE Lok » o kSR e eBan wmee 5 AtICL1st4s'52.. s T0% . Sl remainder of the Winter and through| 3 &! : 2 41 Col Ofl & Gas vtc.. Unit Lt & Pw pf.. Unten states Goveroment. bonds, | AICLel4a’s2. . 20 4o Karsiadt o 48, . o i | CaIlY, Spring, especially stnce a liberal % s 10 1N | Commith Bais (50r. 3 " g | U8 ind dmenr ing | AtICLun 4y 2 p e e " supply of so-called “cheap” cattle went v . 3 J Istpf... ;rhich1 l:gtm:re:kth::da losslfits ngvghxfig Al Retdb 6837, .. . Kend 5%s"48 ww.. 6 {out as feeders late last Summer and| ,iSom E4 4% E (60 84, 98 0% |Comwlth&Souwr. 25 & & & rUSPlayCard (1).. B e s nerveus with prices | AU GUIEWI1 oSS, 4 4| Laclede Gas 55 °34. 4 89% | Fall. Som Ei%s 3 4 1013 | Cons Gas Balt3,60. 3 ‘ Unit Verde Ext 40¢ ety ower. the acute weakness of | Australia 43 '56.. Laclede 5%s C'53. 601 | Because the supply of cattle on feed | 5 Con Gs s N1 00 5% | Consol Retail Strs. 3 e ook wes absent.” At the opening | Australia Ss'S5.... 8 ¢ | Lautaro Nit 65 '54. 3 3" | as of January 1 was larger than on the | 10 S 6108l Copeland Prod Inc. y 15 Liberty Bonds and Treasury issues were | Australia 5557 Leh Val cn 4s 2003. 28 28 28 |same date a year ago and the trek back A 4 042 9143 | Cord Corp (10c)... 3 Util&Industrial pf. about unchanged, but in the later trad- | Avrtrian 7s:43. i vt to the feed lot grester, the trade can| 1gcudshy Dk s Walgreen Co (1) 2 Avstrian 78 '57. 8 & Myers 58 ‘51. : see no let-up in the supply even thoug : -10c. valker (H) pf (1) ing there was a gradual decline p pply % e Walker ) pt (1) West Cart pf (6).. @ 8 [TSTCRTIT 19 10 | Which is widely held in Michigan and 13 | Ohio; Ford Motor of Canada A, and | Cora’ Corporation. Then some of the » 4% | Standard Oils, notably Standard Oil 2y, | cf Ohio and Standard of Indiana, both 1134 | Of which dipped to new low levels, 132 | were freely cffered. Quaker Oats brcke 15" | 8 points. “Mead-Johnson was weak. Washington rumors that some of the sl 5 b 79 | Long Isirf 4s’49.. tinue to show abridgment. ] - O et uberltly ey o;eb:;‘é o p |LonsIsldb 5s'37.. For the immediate future it is believed BT Crown Cent Pet Wright Harg 1206, 18 3% 3% s | IArket operations in air stocks on the 5 1 9 1 1 3, e ] B big board woul y at 1016-32 and reacted to 1011-32, | T & O ref 55°95. t Coriargeast lower grades will predominate and val- Cuban Tob vc. ; s e e e lm‘ g board would be investigated brought 1 1 1 1o 8 B some selling into curb shares not in guarterly or semi-annual payment. °Ex|any way related corporately to those | dividend. tPartly extra. iPlus 4% in stock. | dealt in on the former market a Payable in cash or stock. bPayable in| Meanwhile, some of the gold stocks stock. i | fn”Stock! e on niaa SE % ‘ lost a point as copper and miscellane- 5s D 2000, he dwindling upper- G s, "33 Darby Petroleum _then showed rallying tendencies. Among | 18 & O rf 5s D 2000. ues decline while tI o the weaker issues were Treasury 31;3|B&Orf6sC'95... 3 4 crust ~ displays strength. Opinion nf Geor 102t Tl el and 4s. B & O Toledo 45°59 53 3 53 | L&Nuni4s'40. 5% 853 ::::db:fl, :‘,“n:dty.?"fnz“,m:,“fi;;th.: dd 5l 5. K5 %5 | Derby Oil & Refin Some pretty plain speaking on the | Batav Pet4%s’42. 5 9 9 L &N b5s B 2003. 9 9 light steers have become medium weights G Bk o ) B;‘:“:{]‘(“"Cn". : lowt & polut as'copper. wud amixcelisne- A et g i |8 B m % o Pl was up fractionally. Newmont Mining 2 | Eister Elec Corp. 2 - | cpened up more than a point. Alumi- 1 : . 2 Ea: Creole Petroleum.. 4 Around midday Government bonds were | b & O 4%s "33 strictly good and choice offerings con- 1] 8 Eremn: Gt o anese envoys concernitig | Belgium 6s'55. 9 e A Be” p%xsslgimus St “ihe war i the | Belgium 638 45.+ 3 100% & Srcens i and the mediums have become weighty. | Far East spreading to other nations|Belgium 7s’55 2o Chicago paid up to $7 for lol‘}‘t{l”t; - dld not help the forelgn bond mar- | Belgium 7s°56. y 7 McKes & R 5%s'50. 5 ings and $5.75 for bullocks. Until the ket, although there were no drast‘c | Bell Tel Pa 5s B'48. 3 Manhat Ry cn 4590 % recent break, lower grades had been sell- declines. Japanese government bonds | Bell Tel Pa 5s C'60. 3 3 | Market St 7s A *40. ing relatively very high wmplrpd“_l‘o were fractionally lower. Bonds_ of | Benef Loan 6s°46.. 11 | Marsellle 61 °34. 23 3 10235 ' good and cholce kinds, butlnowflc; Canada, Australia, Germany and Bel- | Berlin Cy El 6s '55. 3 Milan 6%s '52. 3 price range is widening: a few n: plil g gium displayed a tendency to seek low- Berlin CEl 6%s'51. Mil E Ry&L b3 killers selling down to $3 an Inds e Beth 51 oy 36, S M aT st e e ressure Which & were_un- | Beth Stl pm 5s°36. 6 51 5 ch?x?;?z?‘c‘; \r:::lgglgy ht?:’cd:ions. Balti- | Beth Stl rf 55 '42.. 3 3 |MEK&TS5sA 62 3 month ago was being exerted on smczg more & Ohlo 4Y;s were 35 lower. Penn- | Bolivia 7s '58. Mo Pacgnda'75. .. 8 |1y good and choice kinds selling at § sylvania 6l;s were off a fract as | Boiivia 75'69. MoPacrf5sA'65. 5 upward. e e most of the other high-grade | Bolivia 8s°4 ¢ '8 Mo Pac5s F'77.... 9 E 19% | Hog receipts decreased 46,500 head a e Bordeaux 6s % 10o1, | Mo Pac 53 G 9 19 " |the 12 principal markets compared with s Bos & Me bs '55. : Mo Pac 53 H '30. 2 19 |a week ago when the run was 73.600 Bos & Ms 53 °67 9 5 Mo Pac 5s1°81 8 1815 head heavier than the previous period Brail 61s '26-'57. 2 9 [IMOIERc Se A D5 (4l 6% The market fluctusted but !srhgt;u‘);, Brazil 6 4 ont Pow §s 4. 4 75 | net very session seeing a stron| New York Co"lon Brazil cyk. £ 71, | Montevideo 6s'59. . 4 4 'fit;{]le}; eup:ynmx and lower close, the Brazil 85 ‘41 ;. 201, | Montevideo 78 °52. . final trading basis being practically the Seidnasras Bremen 7s '35 e 5 " | Mor&Co 1st 43839 { same as last week. [ ";?2%‘;-“{{’825? ‘;::::n:vnzv ST gt{;: fi‘::z:x?fi 3% Nassau Elec 43 51. L 5 Price Range Small. Gkl 3 + 2 Great A&PT pt (7) 20s ton prices opened up 1 to 6 points to- [ Bklyn UnGasss'45. 9 | The top moved :pnu:vfl"’::xlsloc(?r:c:g: B . 3 91% (llluu‘«:u of Pa . day following ghe firmer tone in Liver- | Bkiyn Un Gas 5s'50 6 NEng T 18t 58 ! for an extreme, buf X & 1 28 it ot tes 4 5 d hanged scarcely more than | 3 penn D' W - Hecla Mining...... 5 3 ol. The commodity was also helped | Bklyn U Gas 55 '57. N J Power 465 °60. . low. Erices cAAl B 3 7 | o 4 &. AN Do %he anpouncement in Washington | Budapest 63 '62 | N TEawetdsE 40 B sh s 85 | ents In either direction. Hogs grad- | 1 o Boner G siie | > 4 d_Presi ing below good sold 15 to 50 cents and A Hudson Bay atin g & that several Senators have urged Presi, | Buenos A 1 6a 61 7 Nw S Wales 55 '58. | e e below better grades. Shippers had & Oa 43 Humble Oil (2). . oover to use 36% NYC3%s'9%..... = T | 7 S eage of the Smith cotton bill, WhiCh | Bush Ter con o5 o ; Gecasional orders for such, material, and | J 16 47 Foiihecie e e ASS Tequires a 30 per cent cut in acreage. | Bush T Bldg 55'60. b NYCrt 42013, 3 prices perlmib uga;egme,rg’: !{,‘g" St of Ok Gs D 37,0 70 | 1mp TGB&I K74 130 Opentey quiLLns e e i | Calif Packing fs'40 ! RIcrtanniolia e o showed It had had but Lttle | e 3t B0 813k Ina Pipe Line cic) 3 P Bitober. 649, up 2; December, 6.41, | Gaaada 43 ‘60, % (50° g1 [N TCERRa0L. care during” the Winter, A premium |} SR h WL 4 72 07 07% | Int Petrol (1)..... ‘up 3; , 6.48, up 1. * . NY! 4578, " | was gran or g 5 0 - 70 | IntUtilB.. up 3; January. P w2l : AR 3% | plain kinds went begging for an outlet. S Interst fos (§5c) ;. i 4, '3 : N Y Edison 55 B'44 4 104% _ | Inters Pwr(Del)pt 7 4 RGN T Another Pay-D Interest Payments. 3 el AINS WP 85 € 170, 8% | Italian Superpw A ; i / nother ray-Uay . Can Nat Ry 4148’57 y N Y Edison 55 C'51 3 CHECK TOTAL G. 3 7 SEP&L 5 _A 2 3 6 |1t - g sk bruary 27 (P).— ) , NYEdrt . 6 7 7 #9% | Kirby Petroleum.. 2 3 3 e 3 ng‘ds{g‘i&mgflt ?fisbflmme““ g:: ::: ;’.‘:osizé's's' 3 8215 821, $ = A a4 |7 neamnchuc Ban individual bank OXYe o8 u’neysn::;u(r:; 7 Has ARRIVED! next month will fall to the lowest 88-| can'Nat 5569 July 1 5 Checks cashed on o the Fed-, 3 Sou Ind GE aiag o100 4190% | Tehigh Coal&N 40c 5 e 7 another rtunity is gi gregate for March in a long time, 8C-|cy; ot 5s 69 Oct. . N s | accounts in leading citles of thz Fect) 3 h N 4.4 4 TSt G the = 2 T it Ot o e Er Cording to the computations of Wall{can Nat 55°70 e s f *65. 33y | eral Reserve | Syeie showed a 7 per| jgund o e 2 | Lomsuacibie s = : By Ere One e iy R Tyiouis and mimsioos | Con NondbiEi s N Y Teiwn ta Tusty 27 a5 compared With fhe BTC) ASMNCEy S % h dan Mapes Con Mtg (1) 1 : oy o ts may not run much b NY W&B 4%s'46.. vious week. e hasgria] A 2 Aty oy 4 ) ) 4 e - Ardend 000,000, &, decidedly low | San Pacdb s, ... Nia Sh Md 6%3'50. 7% 53 57n | total debits of the reporting centers are | I fiiii00c 12 2510 | Mass Uthl Asso g 2 i i T figure for the final month of the first| can pac 415560, .. Nord 635 '50 . shown for comperable periods, as an- D o O 16 Mavis Bottling A E 0 k your Money is Safeguarded by con- rter. Interest payments are figured | can pac 5 -; Nor & Wn en 5 4 4! nounced by the Reserve Board: gy : 31s | Mead Johnson (3). 1 — Y servatism and good management. .. quarter. 'an Pac §s ‘54 W by - H ‘ebruary 22 $5,282,599,000 i P | Midland Roy cv pf. 6 ] o we do not lend on Speculative proj- st about $285,000,000. Cent Ga cn 5s " Norf&Wn div 45’44 Week ended February — —— C::t “‘nézclsl& . North Am Co §s 61 Previous week.... . 4,950,518.000 8 Ru! Mont L_t H&T 1 15 » ects . . . we lend money ONLY Wash S'( % Exch Cent Pac 15t 4a 43, Nor Am Ed 65 A'57. Same week last year.... 5,706,048,000 1 s idl West Uiitch & ix E ; ON HOMES, comservatively ap- . 549 . ; 3 - | Mont Ward (A) s . RIS ~ praised, at present-day values ashington Stock Exchange cen: pae ss o Nor Am Ed 55 C'69. - 5, H3a, Mort - Pac 5s60. ... iyt b gachog 5s o5 i KB Mort B - Therefore we eliminate all poss SALES. Sty NI TOTa& LGS 7. PARIS BOURSE PRICES. ; MR Moum s Guie S 4 - bility of loss and can pay our de- “pn, % 9 " A — Wes Tex U 5s A 2 | ain Pro e. 4 3 3 - positors— ashington Gas 6s “A"—$1,000 at 100, | Ches Corp 5s '47... Nor Pac 48°91..... . PARIS, February 27 (#).—Three per| 1 | x i 311000 at 100, $1,000 88 100, SL000 2% | & © pen 4sxn 55 4 o | el cent rentes, 76 {rancs 25 centimes; 4!z FOREIGN 1 Nat Aviation. . s : 10018300 8 -390 [CeQiusBs 8 801 Nor Stbw 6a B 41 P e, Smdon 86.60. The dol-| 3 Bien AL r' 30 20" | NAt Casket pe (1) 3" s ; e : Washington Rwy. & Elec. 45—$1,000 at | ¢ & O con 5539, d o] s | Exchange cn London 86.60. The dol-| F ol Dt L | z o 88, $500 at 88. 1o at|SB&Qrtss 7L oA e lar was quoted at 25.35. 1 Banieh €on' 8123 55 43 & - 3 (/] Capital Traction Co.—10 at 9, 10 at|CB&Q Il 4s'49. Norway 6s ‘43 ; E 5 xw 63 0 2 e 8%, 4 at 8. Chi & Est Il1 s'51. Norws D MARKET. 7Ha E ) k- 1 5 - Nottaik & Washington Steamboat Co— | Chi IndaL £n 55'66 Norwavinits o 3 MONEY t nvsst war. . MAIN OFFICE Welhare & ettt Rratk Gt 5 at 85. C M & StP gn 4s'89 ; S NEW YORK, February 27 (P).—Co-| ; R vour neighborhood - . - Come in ond oet EW Y i 5 4 5 Nets Bros pf(p1%) 2; 22 Fidelity Building, il detail: 2 @ methods. AEEER CALT cm ‘l@fs?},".i/'*‘sc Ohio Pub 738 '46. . 100 | jncident with an advance of one-half of | 5 - New Bradford ufi. g 0 . s i et o ia El 6s Cl Ore e LEeEid e 4 1 per cent in yleld rates on bankers'| 1 ik i % St. N.W 3 ‘Washington Gas 5s 1960—$1,000 at 104. | C M&StP 4%s Orient Dev 5148 '58 2 31% achaotances by all dealers, call monc 135 a0 | New Eng Pw pf (61908 3 , 610 13th St. N.W. OFFICERS and DIRECTORS: 4 % O p - P A 5 NewEngPS $6 pr li. 50s President, FRED B. RHODES Capital Traction Co.—20 at 8. C M StP&P 55'75.. Ortent Dev 6s 53 37% in the outside market stiffened to 1 per| > Unit Indus 6%: N Eng Pub S(Tp.l. 10, .- = g g . = CM & St Padj 5s. . Owens I11 Gl 53 '39. % 99 | cent against three-fourths of 1 per cent| ww_with warrants _— S(Dp.l. 10s 21 | Vice Pres., HARRY J. MILLER Bid and Asked Prices. ChI&NW 4145 2037 Pac GRE 5342 i 102% on Priday. Also, in conformity with SHthout. warrants. N ey 2 2 North Capitol Branch, 135 N, Cap, Te2urer JOUN L. FLETCHER BONDS. ChI&NW 43sC'37. Pac T&T 1st £8'37. 103% the rise in bill rates, the New Yulki e Niag Hudeon Bty 22 P Seeretary, MARCUS BORCHARDT Chi & NW 435°49. Pac T&T rf 5 '52.. 104% Federal Reserve was reported purchas- s Niag Hud Pw B wr. . Georgetown Branch, 31st & M Asst. Secy.. RUTH S. HORNER PUBLIC UTILITY. Chi&NW rf 55 2037 Pan Am Pet 65 "4, 3 ing acceptances at 1 per cent, compared | Niag Sha(Ma)B 20¢ 2 : 5 Navy Yard Branch, 8th & K SE. GEORGE D. SULLIVAN ¥ Asked: | Chi & NW 635336, Paramount 63°47.. 9 6% with a former buying rate of one-half | U. S. TREASURY CERTIFICATES | T Siatit) B ole 15th & H Branch, 1427 H NE. 1RO ¥. GRORGE Param-Pub 5%s’! % of 1 per cert. The official rate for call| (Reported by Chas. D. Barney & Co) | Nipissing..... I} Mt. Pleasant Branch, 3008 14th G. P. BICKFORD ParisOr 5%s'68... money remained at 1 per cent, and|Rate—Maturity. Bic, offer North Europ Oil. | 3 y CAPT. CHAS. 0. SHAW Penn sta 4s 59 5 95 tates on time money and prime com- Mar. ] : 2 10010-32 | North Sta b A (6), || southwest Branch, 431 11th S.W. DE. E. W. 5. BONNETT Penn4%sD'81.... 9 75 315 7315 mercial paper also held over. i NovadelAsre (5) e 3 e Penn cn 415 '60. | Penn zn 414565, 7 793 P 2 | boe 2§aE,\l‘§tr,;fy;,& 34 — = = = om— Penn 4 1 rDvé;' - 30 3 8 ™ Sales. High. ias 35 Ma 1 2 Parke Davis (1). CAPITAL & SURPLUS, $3,500,000.00 Penn gen 55 : e e : AT SR Dais 1) ] e E I Penn 015 '36 Sou Pac rein’sh 68% J P 11 Mg C | %3 °36. - 4 " ou I’ac rf 45 '55.. 4 3 3 936! epperell Mfg Co Penn P&L 4% . Sou Pac 4%s '68. 41% & Dec. 17 : Penroad Corp. . S Faoiha B R ENA 3] 8 o New Residents Coming =] £ == =t 114 TEn e —— num Co. of America common rallied | E1 Bd & Share b6 % . 26 1 1 E'BA & Sharepf 6. 2 | U.S. TREASURY BALANCE. |more than a point. n ll;il Pwr Assoc(40c) 3 By the Associated Press. — __ — — — | Elec P& Lop war. 1 #| Elec P&L 2d pf(A). 1 | .Tren.s:xry receipts for February 24 Elec Shareholding. 1 | were $7,605,806.70; expenditures $20,- Empire Pwr part 1 | 838,800.53; net balance $257,589,260.67. {-_j‘eae‘rdn;d ftl)rpf - 01 Customs receipts for the 24 days were PROVIDES orida P & L pf(7) 50s 7 EM| Kord Motor Can A. 2 , | $14:086,677.09. | J NCREASED with UPREME * | Ford Motor Can B 503 9 —_— | AINCOME ECURITY ord Motor Ltd.... 7 2 2 A s ; | SILVER QUOTATIONS. | BooKLET maAmLED ON REQUEST %! General Aviation 1 .| NEW YORK, February 27 (#).—Bar | LEROY GOFF Gen El Ltd 20 2-5¢. 1 silver steady. unchanged at 26'.. 1036 Woodward Bldg. NAt. 0340 | Gen Pub Service pf 20s A e e Gen Theat Eq cv pf 1t NS Y R 2 SR Under the Supervision of the U. S. Treasury Dept. PRI =P - & Compounded Semi-Annually @ o RurhtorenrRaniSampeneaain 3 1. 4Y Amerrd®ls fdoed 4 Ba .. | Chi RI&P rf 45 '34. '« Poi B Chi RI& P 434852 bR " IenRris 0. City & Suburban J . 5 {Ch! I'n 8 44... Georgetown Gas 1 . * | Chi Un Sta 615563, 3 100% , C & W Ind cn 4s'52. 103 | Childs deb 5s°43.. a s 1001 | Chile 6560 Wash. Gas (s, _serie; B, : ... | Chile 63’61 Jan. Wash. RWy. & Elec. 15.... 85% | Chie 63 '61 Sept MISCELLANEOUS. Chile 65 '6: Barber & Ross, Inc.. . 50 Chevy Chase Club 5las.. ... . Columbia Countey Club 5is.. X aper MIE. .. .. SN Wash. ME:. Cold Storase 55, Chl Mtg Bk 57 Chi Mte Bk - STOCKS. Cin Un Trm 5s 2 PUELIC UTILITY. g}ev ;e":‘,‘,é\s 7. L0 . 96% .....|ClevTer5i:sA'T2. Hitaction ¢ Cologne 6% 5 Colomb 6s ‘61 Jan. Colomb 6s '61 Oct... Fot. Biee’ Pwr 517 b 1 Coion Ofl 6538 ash. Ruy. & Elec. com. 3 Colo & Sou 418 Wash, Rwy. & Elec. pfd. (5). A St o T b0 IR 3 21 b0t 0 b £ 19 00 1 gere ;’s {::‘ 58°56 2 g ) Sou P&OT 4148A'TT 60k —_— Pilot Radio Tube A ey S G Guu MR S 4N8.. 3 108 . el So many automobiles have been | Iloneer Gold 24c.. i > St F . Sou Ry 58 '94. :zoh 4 pawned in Paris, where the municipality | Pitney Bow Pbi%. 2 2 to as I t et e Son Ry :r;‘:x_s!;fi- s runs the pawn shop, that a new garege | Dltts Pate Gls (1) ngon L - N ou Ry 3 7 ‘ | Premier 24 | R e : S e e zmfimrccomodaw 2,000 cars is being °f old (12¢) b e e A T Phila & Read 63°49 5 i g g 3% RI SEEETs === —those who will be identified with the new administration, SW Be'I T5s A '54. 1 103% 103% — — REAL _ESTATE N YIELDD - . Phumm;a R -2"3;19‘ 4 4 StOilNJ5s 46 .13; 1(913 18: %mwgs“ 1;¥uunn:‘=?n #v?fiz"l?pgl'{& and others—are invited to avail themselves of the many Phiilip Pet 5% 8 StOIIN Y 4%s'51. ™ " o 3 s well secured on | Pillsh F M 6543 .. sy 55 1oy 9 First Mortgage Loans | deisched ‘modern residences.’ tor sale at || Services of this strong, old bank. P& WV 4%sC'60.. Sweden 5158 '54... 32 94% 94 943 __1520 K St_N.W. " NA. 0475. ® We pay interest on both checking and savings accounts— Poland 6s°40..... Swiss 5%s'46. .. 1 104% 104% 1041 ' Lowest Rates of Interest and Commission | R e e Rent Safe Deposit Boxes at nominal rentals—manage prop- Poland 7s '47 : i 1 erty and serve in all other fiduciary capacities. : 43 e Tat: EP5%sT1 3 34% 341% 341 | | A e e 8 521 e : Tenn E1 P 65 A 4. . . 87y | Thomas J. Fisher & Company, Inc. ENTERPRISE SERIAL J/| e Those who desire to build for the future and help bring mertly represcht minimum prices 3 GolGew Fiea (01 Porto Alegre 8561, 3 Tex & Ark 5%550. % 64% 643 BUILDING ASSOCIATION back Prosperity are invited to join forces with us. the Washington Siock Exchange. Com Inves 5849 15 % | Por R Am T 65 '42. Tex Corp cv 58°44. i NATIONAL BANK. Con Gy Sz 0l : Pos Tel & C5s'53.. ; , Tex&Tac5sD'80. 6 9 48 RECENT SAI E(S 7th and Indiana Ave. N.W. Min on Gas N Y 58 °67 : PoSTeIa ot TrodiAr Eesres. gapital (&) e G NY 518 '45. 2% | Praseta 68762, ... / Third Av adj 5 '60 2 6 209 % | —prove to us an increasing demand LOANS Commercial (stamped) (1) L 18 2 e Prussia 6%s'51... Tob P NJ 6%s 2022 for high-grade slightly used trans- | Chite 7s " e e ialll e - d o E Toho El Pw 75 °55.. ortation rather than small ne on 1 4 Distriet_of Co- Fro-Amer, 2% | Cuba f158 s g (bilaB Ry Tl - 58 ” i1 Gars. A 1etter o telephone call wil Timadia Hest Eatate’ Security #3351 i Cuba RR rf 7 3 Vs F: % 7 35% bring our representative u 2 lfir’;‘fx‘t}“n“a‘l{)u‘l; 0y : Cuba Nor 5%s '42. E::’,Sgfi‘,,:g’.z, Tokio El Lt 68 '53. . 4 hom% B T = e 69th Series of Stock Now R e s Creeno sas2 Pure Ofl 535°40. .. Un EIPSL 1ot swss 2 [ PACKARD Open for Subscription DEPOSIT 2 Denmark 4165 = Un Pac 48°6 1700 Kalorama Rd. Adams 7437 Fessient MODERATE 7 Denmark 5% '55. . 2 | RadioR-Or 6841, - Un Pac rf 4s 2008. Union Trust (Ks) . Denmark 6s'42. 7 Read 4%s A °97... Y ¥ 7 6 — i RENTALS P i fretiae %5 |Kem Rowantrww Un 'St W 63ps A'47. 30 L L SAVING - 3 e D& RGr4%s'36.. Rhine Ruhr 6s 53, Un St W 6148 A'51. % D& RG W bs'55.. 3 4| Rhinelbe U 7s'46. . Ud St W 638 C'51. Organized 1879 53rd YEAR COMPLETED 8 g Det 2d 438 D . 28 i 'l}::ne g’eut :s '::- 4 Uruguay 6s ‘60 2 % H . . 9 Det Edison rf 4 95 ne \West 6s°53.. Jrusuay ¢s ¢ H E lt bl 0 h Bl A Det Edison f3'52.. | Rnine West 655 i UtahP&L5s 64 IS qll able Lo- pel'a ve .ASS I Det Edison 58 '55. % | Rich Oil Cal 6s"44. Util Pw 58°59 ww.. . % £ Dodre Bros 6s 214 | Riode Jan 614a 53 ; 3 Util Pow 5% 47. . FIRE INSURANCE. Donner St 7s '42. . { RioDeJan ext 8s’ f 5 ,American (12) ... eirerieee. 275 | Duauesne 4% A'67 % R Gr Do Sul 63 '68. b smcyoei- gl Corcoran (1. Dutch East i 6847, 3 R Gr Do Sul 85 '46. . Biremen's (%) B 5 : : ! p Va EI&Pwr § National Union 131, | Duteh Fast | 6s 62 e s Va Ry 1st 5s TITLE INSUR. East CSug 7 7. Rome 6148 '52. . ... y Va Ry & Pw 55 °'34. Columbia (6h) . 5 7 | Erielon 48 71% | Royal Dutch 48 "45. Va SW 1st cn 5s ‘58 StL IM R&G 48'33. Wabash 5s B 76. Depositors LT | we Serve Open Until 5:30 P.M. Interest JOHN JOY EDSON, President WALTER S. PRATT, Jr, Secretary i al Feb. 28th & Mar. Ist Poldow | Fiduciary for Pay-Day Depositors’ Checking and Shbo JRASLE0EI | Capacities i ‘gcnv:nim::“ Savings Accounts Subscriptions for the 104th Issue of Stock Being Receiv T JAME! X JOIN THE EQUITABLE | B EToTE AR, AND SAVE SYSTEMATICALLY £ L 50 The Equitable’s Plan of systematic saving has it is mot What you == } taught Thousands how earn, but what you to save and accomplish Al Save That Counts. Sfiikkfl m Results, Jein To- i N 8 5 g 90 | Ger Cen Bk 6360 J | Stne O1l 74 A 37, .. o . ving T . it E by 3§€ Con Br Tamon 3 H S| Shenly Ol sss 3y, 6 63 4 33,0 T The Oldest Savings Institution in the District of Columbia " o 2 : 9 s Cor. 15th and New York Ave. 7, Al i Real Estate (6hy:.111711I1IIIINI0 145 | Erlecy 4s A '53. 38 Trie zen 4s ‘96, 41% 4 : ' MISCELLANEOUS. —oel o o 3 Wabash 5%s 75 i i T o 1 o | Erie ref 5561 y 220 | StL&SF 43 A'30-. 1 Wanadnsie Dist. Natl. Sec, pfd Erle ref 55'75 % 211 22%|StL&SF4%s'78. 41 9 g e e ee 15, Emer. Bromo-Selz. g o E 3 & o, | StL SF 4%s'T8ct st Ba¢ ; Warl 6839 Federal Storage pfd. . Tinland 5%s '58 60% 61% | o) @ SF 58 B '50. . 11 | Warn Quin 65°39.. Am. Co. ‘com. (606 3 Finland 65 45 621 62! Ot MBS IS 56 | Warner Sug 7s'41. Fed.-Am. Co. ptd. (6). Finland 7s ‘60 68% 68y | Sao Pau 3 Warren Bros 6s°41. Lancton Monotyp: 5 " Sao Pawlo8s'50. 14% | . T & Srge. French Gov 121% 121% | 629 TRTLe L. 114 | Warsaw 15°58..... French Gv 7%s '41 128%~ 1283 | BaEOD | West El db s "4 415 it Gelsenkchen 68°34. Shell U Il 53 N e . pra. Gen Baking 5%s'4 Shell s ‘49ww = - M fd. (5 . t Un el tr §5°38 | Bomirlty, skorage (531 Gen P Sy b45°39. . Shinvetsu 6% 52. 5] el Ter. Ret. & Wh. Corp, (8) Gen St Cas 5% : Silesia Prov 7s '58. bt byt Fpe Cutpel 5% : Ger Cent Bk 6s°38. Sinc Of1 6%s B'38. Wost Un 61336, - [ys Always Remember— SEx dividend. 53 : Ger Gen El 78 45. 54 ' Smith(AO)8% bBook closed. 9% extra. 49 Solssons 6s 8 German Rep 7s 74 Solvay Am s GoodHopeS&1 7546