Evening Star Newspaper, February 28, 1933, Page 14

A—14 exx FINANCIAL. THE EVENING STAR. WASHINGTON, D. C, TUESDAY, FEBRUARY 28, 1933. FINANCIAL. WASHNGTONBNK || TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | SI0CKSINRALLY ~Prev, 1933~ Stock and Bales— Net. | ~Prev. 1033— Stock and 28— Net. | ~Prev. 19: 8tock and Bales— 34 Stock and Bales— High. Low. Dividend Rate. . High. Low. Dividend Rate. Add 00. High. Low. Close. Chge. | High. Low. Lividend Rate. Add 00 High. Low. Close. Chas . . Dividend Rate. 514 315 Adams Express. 29 3% 3 25% 21 Elec Storage Bat (2). 224 24% 43% | 81% 72 Pacific Tel & Tel(T). 3108 T1% 70 70 —4 %, Superior Oil. 15% 10 -Adams Millis ( 26 Endicott-Johnson(3) 26 26 110 106% Pacific T & T pf (6).. 9 108% 108% % _ 2% Superior Steel | Is Smaller SO R February Total Is Smaller| io. 4 Addressograph E 6% Equitable Of B1A(1).. K z % + %| 2% 2 ¥vackard Motor Car, 2 24 + 4 84 Telautograph (1) 3 Affiliated Prod L. B4 ErieRR1stpr...... 1 5 Paramount Publix n 1% TeRheumte Coil. . Alr Reduction (3 4 orie R 2d pf. 3 J 1 “ Than That of January. \ Alrway Elee Ap];}). % uo - % 1 __Evans Auto Pro 1 B % }2.3: ;:;aé-fi;?ug:n:h}uf ARk dneawitic) 1% Federal Mot Truck 1% . 114 Tex Pacific Coal&Oll, Drop Is Seasonal. ANy i ran Esper 1. 1 1% Fed Water Service A. 1 1% 2 coney (6. (1.80) 5 21 % Tex Pacific Land Tr. Alleghany Corp. . T4 Fed'd Dep Strs(60c) .. Ty T FnaONvI(e).- Thatcher Mfg Co. ... e . 13 Fidelity-Phoen 1.20. % 1% A e e o 5 The Falr. .. . y EDWARD C. STONE. b sense 13 Fifth Ave Bus (64c 6% 3 R (lah0e) . The Fair pf Z BY EDW B g Allied Chem & D (6). % L 811 Filene's Sons pt 6 811, 814 Peoples Gas Chi ). _ 4 Thermoid Co. . . February bank clearings in the Na- filx:l.(x::::x:emrng, 913 Firestone T& R (1), 10% 1-::0];'3;‘::(:;?;; B Third Avenue 3 itzl were announced today by L er pi & 850 Firestone T&R pf(6) s = - » Thompson (J i toual Capit l\ch] o e ) o2 ‘Amerada Corp (2 ‘ 44% Fivet Nat Sirs (3153 _ s Phelps Dodge. ... i A Tide Water Asso Ofl, the Washirgton 1e:u- ngn -ase “m| :m _,;x (i‘(h;ml(l)el). s 4 71 Florsheim Shoe (A).. gmm;’iggfiefil- ¥ i Tide Water As pf (6 character, stocks were firm in the first ciation, and, as is always the case, were | 123 m Bank Note. ..... 90 Florsheim pf (6) : Phillips Petro Timken Roller Bg(1) half of today’s lower than in January 6 Am Beet Sugar pf... 3 4 8 Follansbee Bros. i o2 LSt acow 6 4% Transamerica Corp.. e market session, sdvanced e 1 tv for the second 14 Am Brabe Sh&F 60c.. 3 % 5% Foster-Wheeler. " % g ‘;f'“~ . 9 T : in e early afternoon and closed Clearings 1n this city for the second 9% Am Can (4)......... . “| 4 2 Foundation Co.. 1t Ooal e T " strong, with gains that in some in- month of 1933 totaled 6101225258, in Am Car & Foundry. . 7 % 1 15 Fourth Nat Inv 1.1 Ditts United pt. ... nion Bag & stances ran from 2 to 3 points sempariean with $12.561 200 B S5 S | Am Car&Foundry pf. 1% Fox Film (A) e on .. nion Carb & C (1) It is improbable that the rally rep- e e ianies = BriEnt | e L 6% 16 Freeport-] bbbl vE. 1 Ol of Calif (1)... resented revival of confidence in the Kot D¥actically cvery large city in the | At Cometl Albon P Tuller G0 pripe. 4 Pressed Steel Car... .. nion Paciflc (6).... financial position on the part of Wall Uni 5 S tes clearings have been lower | g ‘Am & Foreign Pwr. u 6! Gamewell C A 4 Pressed Steel Car pf. nion Pacific pf (4). Street. Rather it seemed to be due to United States clearing: e A thelGoEe gn Pwr. . 2% Gen Am Inv b s Proctor & Gam (1% ) nit Aircraft. .. persistent short covering based on tech- in February this year than Inithe cob- |02 Am&ForenPwot(6) 4 8 E e Ay Unit Afreraft pf (3). nical considerations. For one thing responding month a_ ago. | 14% 9% Am r 2 3 . 5 s Gambiona : : Unit Carbon. .. : the premiums charged borrowers for s in this_c 1 February, 1932, A ‘Am & For Pw 2d pf. . s 5 ot Lroducsasneln 9 E 513 Unit Corp (40¢). t v ol IngS ted to $80.807.544.54. ‘Am Home Prod 4.20 38% Public Sve NJ(3 . nihCom (d0c) he loan of stocks advanced sharply. Clearings for the first two months of | 2 Am Ice Co.... 1% Gen Cable 1933 totaled $133,579.541.58, against Am International 103 Gen Electric (40¢) $173,663.280.83 in the like period last 7 Am Locomotivel. 0 1Y Gen Bl o0 year. The difference in business in the Am Mach&Fdy (80« A 21 Gen Foods (2) = two periods is not as large as the figures Am Metal Co y oo Ll e o Short - Covering Operations Give List Firm Tone Dur- ing Afternoon. B8oa BY GEORGE T. HUGHES, Special Dispatch to The Star. NEW YORK, February 28—Without change in the news of a favorable - [ WANDE o TR 88 L)+ 5 o u w v o v, v Gen Asphalt. 13 Gen Baking (2 2% Gen Bronze It ] 38 Pullsan Cors (3 Unit Corp pf (3). The rate on Allied Chemical was r 3 Pure Oil e E 4 Unit Electric Coal. 2 . |from $2 vesterday to $5 todny,m:g 48'4 Pure Oil pf (8). % Unit Fruit (2). American Telephone from $3 to $6 and 5% Purity Bakerles (1). 6 SeUniCGasdtm ¢ on Union Pacific from $2 to $3. T i G : % :;;:::::g"', 2 4 3 t‘ln subsl:nliluon of this explana- D E 3 pf. fon was the indicate. A good deal of the drop is| 21 15 Am Metalpt ... 1008 104 » PSRRI S G 1| 17 13% Radio Corp pf (A). 0 2% 18 U Gypsum (1.60) % | aggressive bu;{;‘; bt fhe culy resily dueiito the 2-cent tax an %fl?k 52&: . AmPELtDIA (2%, g % 10 Gen Motors (1... 11% 7 RadloCorp pt (B) 1 | 1073 Gypsum pf (7) : Rethee & Meor et Bt Y o l’s] ar‘: lbemg 3 4 Am Pwr &pm £(3)., Gen Motors pf (5). 1% % Radio-Keith-Orph. .. ¥ Ind Alcohol. 1 Commodities did better today in sym- guction in the number of checks : e P : . Gen Outdoor Adv. ... s-Man (60c) x 5 Leather. pathy with securities. Wheat cl jscued. ‘The law was not in force a N Gen Outdoos Ady ding Rwy (1).. % 24 24u S Leather (A). ... 1, cent higher and corn was “p"‘.d S e e Y h e| 223 ‘Am Safety Razor (3) ; Gen Printing Ink.... 3 B 3 Hoslary e B g | SRR 3 to 1. cent. Sugar was outstandingly Bankers and business men here are | 237 A Gen Public Service 8 5 Plpe&Fdy (30c). stronig, Up 2 to 5 points on reperts ot now_predicting an increase in «t{us“:f:;?‘ . - 8 5 v Gén Ry Stenai (11 eo Motor Cas : Pipe 1t (1.20). . | Dolitical” aisturpanies in Gube? %5 Purme oyces vp. TR WOLELE | Am Sm & Ref 7% 7 Gillette Saf Raz (1). public : 5 2ea mp.... The fercign exchanges closed un- gains in bank Clearings %’a ni-ezu e 215 Am Snufe (£314) 4 Glidden Co. . 3 sindpest seitled. Money rates continued to vances. 1t is certain tha alaeiiratd A Shapti(©) Gobel (Adolf) . ; . harden but business was nominal. chesks will be put through the loca Am SRiftn Gold Dust (1 The involved banking situation was CEERn R ey ? e| Am Steel Fy § Goodrich (B F still too sericus to allow of any sube while the inauguration multitudes are | Goodrich (B F) p stantial rally at the opening today, but on the other hand there was little here. Am Stores (1215). Goodyear Tire&Rul 94 T i e ‘ 5 Am Sumatra Tob. e, ? o s o % ited Stores (A). L g T Goodyr T&R pf (2).. 2 80'¢ Safeway Strs pf (7). 6 5 i fresh liquidation and during the morn- Keck 40 Years With Same Bank. Am Tel & Tel (9). | Leaf Tob (2) 2 |ing hours the list fuctuated within Graham-Paige. % S n Fran pf. 5 ‘ 0 2% THIPwr & LECAY o 4 'y, | narrow limits, slightly above the pre- e e e e ‘Am Tobacco (5) Gotham Silk Hoslery. 6! St Joseph Lead. Univ Leaf Tob pt(8). Granby Consol, Arm ceding close.” Here and there ap- of the American Security & Trust Co. | » i A, B T e e e Oharis £ | Am Type Founders Grand Unfon........ Scott Paper (140). ; .| T8 8 Vanadium Corp. i peared selling. evidently for the pur- T b o « Am Type Fdrs pf.... Grand Union pf (3). 1 ° 2 i Seaboard Air Line... 1 V| 504 40 Va-CarChem7% pf.. 4 pose of raising cash. ~Chesapeake & ot Sl i hane i et hoard Air Line pt ¥ 34 3 Valron Coal & Coke.. 4| Ohio was one of the stocks affected. bers of the staff who have been with| a Am Wat Wks ctfs(1)’ board Ol (t50c) T AT 15| _20% 12% Vulcan Detinning. .. % |As a rule it was true that weakness T s AmWoeien i a 1% Wabash pf (A) |in a particular issue had no relation e TR i 312 Am Zine & Len ¢ ¢ y - ) Walworth Co to the affairs of the corporation repre- S ook e T 8w Anaconaa Coppe : f 4 ok % . ‘Warn Bro: N 3 | sented, but was merely the result of BN s e o) | 3 Anchor Cap (606): 4 25 215 on 214 Warren Bros. ... a temporary oversupply. eriihe) s Peeniiognnieclell Wkt eV 814 Anchor Cap (60¢). ... 2 2 Wa 2 A number of stocks made new lows, G e o = Anchor Cap pf (612). ates e P G o 6 6 foba oL » but nearly always by small fractions. S anas on Jagary 1T | 1 Armour of 11l (8- L% S St : o 5 4 i 55 cbs s 3 : : Among them were United States Steel sistant treasurer on January 17, 1911, Armour of 111 (B) 7 Tlahn Dept Sto . Sheil U i 3 s f Wesson O11& Sn (1), common and International Harvester. T e hag somained very | Armouporlipt } i Hall W F iz 3 iiaiee 16 49 - 1, 354 West Pa Elec A (7).. American Telephone was well support- e ekl pusincs bt : s D Grensth . 2 w4l Hanna of (1) 5 5 3 4n 4 4 4 Western Maryland.. 2 4 s ed. as were Atchiscn and Union Pa- close to the banking business. but has Asso Dry Goods 9 % 7 Tiolland Furnace Western Union 4 cific. January railway reports were e o Kt i 3 Achisen g ’ Honia By a_little more favorable. Louisville & of several clubs. He has scrved on sev- | Atlantic Coast Line. . 915 Houston Ofl. i Py e eral inaugural committees, of which| 17y 1215 Atlantic Refining(1). 3 4 Houston Oil (new) Bulaaitlonl . . | sime momth o Ll . S By v et | 82 Aubun auto o). g i . =L Wilcox Oil & 5 | hn}e situation. however. was_ spotty, testi o | Mo egdy o EEp 2 Hudson & Man (214). Willys-Overla T the foreign exchange markets were ir- : s Aviation Corp (De 6 Hudson Motor Willy-Overland the foreign exciange markets were it T Baldw Ipy Mot Wilson & a8 9 ations for account of the stabilization With the inauguration throngs | aldwin Locomot. . . ++ + o A EE 4+ + ! + 1+ +11+ L1444 Am Tobacco (B) (5) Am Tobacco pf (6). I E 0 3y 2 1kl A EmIEL O BT B T 9 ay 6 % Woolworth (2.40) . E. s, | fund. That was the case in the spot Wit : = aldwin Locomot pf. 6408 "% Tllinols Centra 3 2 : ; 4 5 Forthi > ; 1, | market, but there w ive d ready o . me 5 ki Worthington Pump. . 9 u ere was active demand alteady arriving in il ]“g‘:‘l"’éa}nrg’n,"dx Baltimore & Ohlo.... 40 9% 8% 284 Industrial Rayon (2) ; -May-St P e for Tulures froin the confinent. Gullders chants and bankers ®local trade dur-| X 9% Baltimore & Ohio pf. Inzersoll-Rand(11%). t Al | touched a new high for the year at the “Gays. For the next| Bamtierg e pfi(6 %), ‘ Inland Steel......... | opening, up 3 points, and then reacted. retail trace is certain | Bernedallicorp. Foreign speculators seemed a little s helen Payuk Cigars. ... Pl o Gl more cautious about selling the dollar. Belding-Hemingway. 5 3% Zonite Products..... 9 mui‘.:l‘;”fifa“rgs el serect| 1 Belg N Ry pt pf 4.09 > b nent. ! [ & 9 94 94 { Sales of Stocks on New York Exchange. |NVESTMENT TRUSTS X : : Bendix Aviation 7 4 Int ot T 2300 N, the mbrsekm 11‘-]: ;?)S‘vc;lrg‘;lfi‘glu&o\&rc‘ Best® o ..} s 4 Int Harvester (60c). 14;33 i‘” 263883 ]5 ?3 ?"x‘?" 5 "'fglggg buoass Pand. accounts of people com- | S e i fe g Dividend rates as given in the above table are the annual cash | NEW YORK, February 28 (). —Over- ing here with the new Roosevelt admin-| Blaw Knox 2 & Tnt Paper'& Pwripf.. « payments based on the lategt quarterly or half-yearly declarations, | (n€-counter market: istration. Thote who will be affiliated | e : 26t taver = ) . 3 = SUnit of trading less than 100 shares. tPartly extra. 1Plus (Quotations as of 12 o'clock.) with the new political regime are being | Bohn Alumn & Brass S 5 5 4 2 o S 10| aisck SEavabje. m cath op stock. I 80t s BPIS K b E R R coffered complete banking facilities. | 2 Borden Co (1.60).... 50 . 4 Int Shoe (2). " & a 24 3 tock. 1Plus S1 f 1 prefe K o I Many _banks wrote personal letters | « Borg Warner. 31 5 6 Int Tele & Teleg.. ... 95 § S - oo St 'lash: seArions Tegulbt rate. B Phis 5% ‘i tock | Cumulative right after election to Senators and ! 5% Briggs Mfg Co 33 - = 5! * "% * ™ opPavatle in scrio. Corporate Tr Representatives-elect, and others sollct- ¢ Briggs & Strat (1) 2, 4 Ty e LALLLETEES ¢ | = Jose ing their business. Many wil open | 3 13, Bklyn Manhat Tran.. 56 accounts here during the next few days, | Bkiyn Man Trpt (6). 5 4 E . . .REDUCTION IN PATENT I uileicthers lllivaltinlinne Spegiet BKlyn Unlon Gas () s % LETT R a Washlngton Produce | | Trade Trends session of Congress. i | Brown Shoe pf (7)... . 1508 | The real estate business is also to| Bucyrus-Erie cv pf. 2 iz Kelly Spring Tire... 15 . LIT'GAT'ON ls URGED benefit by the new arrivals, who will| Budd Wheel 4 Kel pring Tire pf. | | Jease new homes or establish residences | 4 Bullard Co 2 " 33-. Kelv TR e VHOLESALE PRICES. | B — By the Assoclated Press. in apartment hcuses. | Burrough A . v 0 Kendall Copf (6).... 3 Butter—One-pound prints (93 score), . . | Coal—Buying of anthracite and bi- Local Bankers Know Perkins. | e e i rennocn GO e 23 tub, 22; one-pound prints (o3| ATbitration of Less Important|, ... 1., been less active in the Several local bankers are acquainted 4 Butte Copper & Zine. 5 713 Kresge (SS) pf (7).. 2 % 93 score), 22; tub, 21; oae-pound prints | Cases Suggested to Cut | past week due to higher temperatures, | 2 with James H. Perkins, former presi- Butte & Superior. 2 27 Kress (SH) (f1) 2 (91 score), 21; tub, 2 nc-po\mdpflnls‘ sales agents report. Production was| dent of the C}:ty l}zlanl;1 Falr)rem‘fs 1’“?5; (A M) i 7 4 14% Kroger Grocery (1 7 (90 scere), 20: tub, 19 ‘ Down Legal Costs. also on a smaller scale. - | 8 Co. New York, who has been elected | —mm———r o iiiiiis . —_— cere), 20; tub, 19. r scale : chairman of the National City Bank CRlitomis Packing. e % 244 | Eggs—Hennery white, 14a14':; cur-| Hides—Recent sales in the Midwest | Tn to succeed Charles E. Mitchell, re- e Leh Port Cmt pf 3% . i rent receipts, 13a13 Government | Reform of the patent system to pro- | have been at steady prices, but the Ar- | Trusted signed. The National City's directors| 3 s Mt 3 S Eahih vallertoal 3 s i et 18 standards, 17; me- vide for arbitration of less important gentine market continues easy with | accepted Mitchell's resignation in less| z ;,:n%&'{;‘;}é?‘(f;’- Lehich Valiey R R, 18 ST ST NS Ch T b cases, instead of resorting to costly | FTigorifico hides at fractional declines. than 10 minutes after going into ses-| Canadfei Pacile 3 - Lehman Corp (2.40). 7! = diums, 17. | court trials, is advocated by William | i == % sion. | el 4 Tige & My t5 Poultry, alive—Turkeys, hens, young. | A. Hamor, assistant director of the |, s, —London reports indicate that Mr. Perkins has been engaged in the | Sl R Tt 20: old, 12al4: toms, 13al4; old, 8a | Mellon Institute of Industrial Research, | SXPOrts by the five producing countries banking business for more than 25| Car Clin & O sta (5). 4 Link Belt (80c). 3 16a20: old, 12a14: toms, 13al4; old, 8a | Mellon st} | in the international pooling agreement Profitable—Saf; e i oss., | Case (J 1) Co Liquid Carbonie. g 3% 110; chickens, hens, 10all; Leghorn | Pittsburgh, in a patent symposium, to . rofitable—Safe years. He was born in Milton, Mess, 2 B ¢ = E iy T Sa14; | whishy leaul e nt seiEritin horities | €Xcecded their quotas slightly in d graduated from Harvard in 1898. Case (J1) pt (4). Loew’s Inc (3)...... 3 syihens, 8a9; Winter chickens, 12al4: | which legal and scientific authorities | oiiaro All Forms—All Ages His et position was with Walter Caterpillar Tracto: s 6| Loft Inc. K d stags, 8al0; roosters. 6a7 contributed, in Industrial and Engi- | i WYNDHAM R. WILLS Baker & Co., Ltd., chocolate manufac- 3 Celotex pf . 4 Rocks, broilers, 18a20; fryers, 17al9; |neering Chemistry, journal of the! Paper—Kraft Writing Paper quota- N e etiocnis 3 * Cent Aguirre (1%).. B wl| 27 (2 9 Y roasters, 17a19; mixed colored chick- | American Chemical Society. | tions are slightly firmer with fine Insurance and Annuity Business a large area in the neighborhood of Mr. . Cerro de Pasco. 18 120 115 Loos s . 108 5 5 -3 |ens, 14al6; keats, young, 25a40; old, 1oa | The expense and delay of litigation. | papers about steady. Demand for jig- | 954 Washington Bidg. NA. 9430 Perkins' home town. Ches & Ohlo (2%) i o 1314 10% A 1P) (1.20). »' i 20, capons, 7 to 9 pounds, 18; 5 to 6 the hasty arguments and procedure of saw puzzles has given a filip to the | After seven years with the chocolate 3 Chesapeake Corp (2), % 4 b 4 313 Louisiana Oil pf..... 30: 3 pounds, 15. | some patent attorneys and the small-| boxboard trade. | - - = firm he joined the American Trust Co. P Chi & Eastern 111 pf VAt % + %| 32 21% Louisville & Nash. 3 Poulfry, dressed — Turkeys, hens, ness of the staff of the United States e | = f Boston and after a few years there 3 ¢ Chi Great Western. 5 6% 4% Ludlum Steel 5 young, 19223; old, 15a17; toms, young. | Patent Office are criticized by Mr.| Rayon—The trade expects that Feb- INVESTMENT SUGGES'HONS S Doas offered the vice presidency of 4 3% Chi Great Westn pt, % | TT0% 9% McAndrew Forbes(1) 16a17; old, 11a13; chickens, hens, 13a | Hamor, who points out that “it appears | ruary shipments of yarn will show a n-(; National Commercial Bank of Al- 4 Chi Mil St P & Pac. 4 % 18% 15% M 3 14; Leghorn hens, 11a12; Winter chick- | impossible to draft a plan for reward- | considerable decrease from the previous UPON REQUFST ba‘r‘n" ‘'he became president of that bank‘ Chi Mil StP & Pac p! 3 103 - 4 ens, 15al7; stags, 11a13 mosg’ers. 9a10; | ing discoverers that will meet with the | month due to lightening of season end | in 1912. Two years later he received 3 Chi & Northwestern 6 1% 2 4 : Plymouth Rocks, broilers, 21a23; fryers, acceptance of the discoverer, the in-|demand for weaving numbers. l.'em"woodmof&hwu,h‘_ V: ity 2 4 Chi & Northwest pf.. 3 T 20a21; roasters, 20a22; mixed colored | dustrialist, the inventor and the| == | a call from the National City Bank, v 5% McCrory Stores pf... b 1 e T e ek e Silver—Domestic_markets were tame Investment Securities " i o4 Chi Pneumatic Tool.. g o rre P ve i becoming a vice president, and then ex: e McInlyre/ BRI TG) - old, 18a33; capons, 7 o 9 pounds, 21} | “Litigation of all kinds is expensive | Yesterday after their big turnover last ||| washinsion Buildins __NAt. 5025-8 5 5 Chi Pneu Tool pf. ! 4 54 S - i1ve - ec‘c‘)‘r:‘.;u;n;?é‘.gg'JLhe was elected pres- % Chi Rock I & Pac. 3 E ‘;l'. §§i§:°°' 2221?&.‘1,’.; : 5 to 6 pounds, 18. | because the cost of legal procedure is ;6“,“_1‘- mfg" silver was unchanged at ent and director of the Farmers' | ChiRI&PacT% pf. & MiKeseoh SRObDE . % + 1| Meats—Beef, 10; veal 13: lamb, 13; high” he explains. “Litigation also | :’L(.ionn & Trust Co.. and when the affilia- 7 Chi Yellow Cab (1).. 908 AR Tade Y a8 2 s, | Pork loins, 10; {resh hams. 12: smoked | causes delays. Patent disputes, which | ool _Receipts of domestic wool at tion of that institution with the Na- 4 4 Childs Company . % 24% Macy (RH) & Co - 3 5 hams, 13; §trlp bacon, 13; lard, grct numerous m:cause the United | Boston during the past week totaled F- t M t tional City Bank of New York was com- % Ch 5 4 Magma Copper (50c) . % f « | compound, 7. o 50a3.75: | Shace, U5 & country of patentees, make| 189,800 pounds. Total receipts for the 1rs origages pleted on June 29, 1929, he was made il city TS Suel - % ; Manhattan Elev gtd. 3| Live stock—Hogs, light, 350a375: | this fact especially evident, | season to date amounted to 16,309,400 president and director of the City| 4f ~ City Investing (3) 5 3 Manhat Elev mod gtd 9 4 3| mediomRIs0a3A0, sheay, 2.s080.10; ourt trial is conceded to bring the | pounds, compared with 10,218,900 for | F R ALE Bank Farmers' Trust Co. and a direc- | City Stores. .. Manhattan Shirt. . .. y 4 pigs, 2.50a3.50; roughs, 1.50a2.75; calves, | most conclusive result where the costs | the corresponding period a year ago. | tor of the National City Bank. Coca-Cola Co (7). y Marine Midld (80c) .. % + v |3.0026.00; lambs, 3.00a6.00. {are within the means, but there are | 4 Coca-Cola (A) (3).. 8 Marlin-Rockwell (1) . y Fruits—Apples, fancy box stock, | relatively few rich companies and there | Today's Trading on Exchange. Colgate-Palm-P (1).. 8 : : Marmon Motor Car-. . , . +1175a2.00; bushel baskets, 1.00a1.25; | are many people of no or modest re-| NEW YORK BANK STOCKS | 6 % lnterest Corporate. Corp Tr A, und - Shi Am Bk — The opening transaction on the 3 Colg-Palm-P pf (6) 14 Mathieson Alk (11%4). 5 peaches, .25, pears, 1.50a2.75; | sources who are exploiting inventions. Washmgtgxcx Stock Exchange today was | ) Collins & Alkman. . 8% Melville Shoe (1.20)- " apricots, 3.25; niec- | Most of these disputes are so minor in | NEW YORK, February 28 () —Over- | a $1,000 sale in Washington Railway | Colo Fuel & Iron. 7 Mesta Machine (60c) . ines, 3. mandarines, dozen, 40a | nature that they should be settled by | the-counter market quotations as of 10 & Eiectric 4s_at 86'2. Colo & South 1st pf 1% Miami Copper § % 1% 1% 50; oranges, 2.50a3.50: lemons, 3.50a another agenc; o'clock. J S The remainder of the day's business ColmpinCe % 4 Mid Continent Petm. 50; tangerines, 2.00a2.25; grapefruit, Quotations as of 2 o'clock. AME F. SHEA 5 = s confined to stocks. Potomac Elec- " Columb Gas pt A(6 Moo : . _ 1| 225a2.75; limes, per 100, 2.00; banana: S - Iric Power 6 per cent preferred sold in 4 Columbia Pict vtc G : a?" \),',',',ll“d"g:li: ot (8). 150a200: aligator pears, 350a450: [ DOLLAR.AT GOLD EXPORT Bk Mannattan () 643 Indiana Ave. N.W. small lots at 107* and 107, ex-dividend. Columb Carbon (2). 3 14% Min-H'well Reg (1), : honeydews, 2.50a3.50; pineapples, 3.00a S 2) . The same corporation’s 5': per cent 4 Commercial Credit. 4 7% Minn Moline Pow. ... 7 T 4.00; Spanish melons, 6.00a7.00; kum-| POINT ON PARIS BOURSE | s T preferred changed hands at 106, ex- o e H % MStP&SS Mopf. 9 ausisjqusrs 22;;02“‘2,':‘-91‘,‘;’?:”“;’;2: RS s ou Natl & : "“A‘S;‘x‘fc’mons totaling $254,283,000 for | 7 ComeRared Lt (Ek) - o : 1375 Mo Kan & Texas - : | tina, 3.50; Ganfornia, 2.5083.00; straw- | BY the Associated Press. i coltii RECENT SALES approximately $100,000.000 of 91-day gg:g} chde 5' 1!3((3- 50; 2% Missourd Pacific. i berries, 4.00a6.50. .| PARIS, February 28—The dollar |Bankers (3) - A —prove to us an increasing demand Treasury bills maturing May 31 are P ]V’SPDC)e s 31, Missouri Pacific pf.. A Vegetables—Pctatoes, _Mnme,' 1.25; drox:pcdh. 2_centimes thqls morning to | B t . 1 for high-grade slightly used trans- announced by Secretary ; Mcon e 251 Monsanto Chem 1% . . : New York, 1.00a1.15; Florida, new, 1754 | 25.325, the New York gold export point, R0y - e ] portation rather than small new ceptances totaled $100.613,000, with the % ol St 8% Montgomery Ward. » 2.00; Idaho bakers, 1.75; sweets, 65a75; | s buyers withdrew from the market. Pars. A letter or telephone eall will average price of the bills to be issued Somwith & Sou oL % Mother Lode. . % : tomatoes, repacks, 3-pan crates, 1.50a | Bankers said this was because of Belng our represtniative %o your 99.750. ensol-Naln (S % Motor Meter G & 4 4 2.50; lugs, 1.75a2.00: broccoli, 3.00; | French uncertainty concerning the | o % home or office. 8 4 2 he highest bid made was 99.936, Corgress Clgar (1)== SN 4 815 Motor Products. ... T » | turnips, 40a50; parsnips, 1.50; string | American banking situation. 1B : equivalent to an annual iterest rate of (ORI s 4 Mullins Mfg. . 5 4 beans, 150a1.75; peas, 200a3.00; | It was understood that the Bank of | Manufact %) PACKARD > Mullins Mg pf...... 8 i|lima 'beans, 350a4.00; peppers, 150 |France, which had been buying dollars, | ¥ L 1 e t » 2 1 Film pf. about 0.25 per cent, and the lowest ac- ‘-33:3, Car T Cons 3 4 v 4 4 2.25; kale, . spinach, Texas, 1.40 | was out of the market and that other T:tl kT ¢ eepted was 99.688. Consol Gas NY pf 4 : e W 1rFay COED : 2 i) e b Mines Al e Bk Tilied’ diades ity 1700 Kalorama Rd. Adams 7437 3% 1% MurravCorp........ Erie=e ' Consol Laund 50c. ! 1% vash Motors (1) : %1 crates, 5.00a12.00; hot house, 2-dozen| It was reported that the Guaranty | Includes extr FEDERAL RESERVE BANKS A Consol Ol Corp. 4% 13 Q::‘;\‘g’““e‘g) StL. : = : bunches, 5.00: mushrooms, 65a90; cab- | Trust was shipping gold from New PROPERTY MANAGEMENT . ; bage, new, 65a75; old, 75a90; salsify, | York. Y y % 1% Nat Biscuit (2.80)... x . e s SELL U. S. SECURITIES o Nt Con e o). S A R RS T i e Contl Can 2). oo 5% SRR T L A 300: beets. éraies, 125; carrois, crates, DIVIDENDS ANNOUNCED By the Associated Press. a i Contl Insur (1.20) Nat Dist pr pf (2%). 1.35; cucumbers, 3.0084.00; celery, 1.15. Avaviment-EHouse e weekly statement of reporting A Contl Motors. Y Nat Enam & Stamp. , NEW Y , February 24 (#).— Ou. mefi’bu banks of the Federal Reserve Contl Oil (Del). 60 3% Nat Lead (5).. 4 4 MONEY MARKET. ORK, February P Ve idatic f $91,000,- Corn Products (3)... )3 Nat Lead pf A (7).... Reduced. e e ot saparities’ during Not P dLE . < 1% NEW YORK February 28 (B Tme | Foo marc Hors of MANAGEMENT o ‘x’f”figélsnfglglonsggoou fmt‘)hi‘fx the New‘ Crosley Radio. ... 5% Nat Surety. . market was nominal because of a lack | Wes & Snow..1%c .. i Mar. 15 el 0,000 of both offerings and demand. The Final. W York district, $20,000,000 in the Cleve- Crown Cork & Seal. 6 + Nat Tea (60c). E oCiboth Tt AL e S ane e EIEIN, at place yout apact land district, but increased $9,000,000 Crucible Steel pf. Nevada Con Copper.. : 74 et conil-n':ed s e oyt Gold m,: é;flm you p! part. : & ; g Newton Steel. .. o = i in_the Richmond area. 11a %::::;‘flf;fiirzy.- " % Ll 2 4 Drevious day of 1-11; per cent. Federal| 8 -----.--37%c .. Mar. 1 Dec. = ment house properties oo'fiofxfsth%n;gsct‘égn;isstgfih:;g S50~ %k Curits Publishing. - e b - s 3 g R o under the care of our Property O et o e New Yol 30 Cortise- Wrlgt-: <" # 106 N T & Harlem (3). .. ' 10513 —135| per cent yesterday. Commercial paper e - Management Department you Leiclse AT cthers Hoaris declined $20 ) . % NYNHE Hart oo : fo 1% to 2 per cent Meainst 1%4-1 | Menc'h Sabd¥se § B Ml g are relieving yourself of ALL e e e e e T N Y Ont & Western.. i E 5 e centiyesierday S1ORI imbaeyaf the worry, not only in connection \s’i}xzfigogi?gomgfieufld ES 00,500 i the 2% Delaware & Hudson v 2 ¥§:£$ {'ft“f’ ('7).' & ; Shlel asialeojthis Fate I jbejout o :}g&o%!n?' with their operation but with Roston district. 17% Del Lack & Westn. A 110} T el i Gan' Malt Ltd the problem of profits, and you will find us equipped to render very efficient service. Al reporting members showed de- 23 Denver & RG W pf.. 2 .’ e e CialEi o | Sl The fee is very nominal. . B. F. SAUL CO. creases for the week of $314,000,000 in 55% Detroit Edison (6)..3 78% Norf & Westn pt (4). 925 15th St. N.W. Nat’l 2100 - G o vestments, $265,000,000 in Di: teh (1).. S s e T " deposite,’ 10,000,000 in e D Macn e S Y A, By 28 s‘;)c'mfm:% Fleney (Wm)'S time deposits and $42,000.000 in Go N 12 Domelsines (JE28)2 39% North Amerpf (3)... 3 34 score), 1175a18; extra (92), 17; extra | Ger OF 1n 87 b8 ernment depcsits, and increases of $30,- % 10% Dominion Stores 1.20 61% North Am Ed £ (6). . ts (90- ,’f 1615a16%; firsts (88-89), | Greenwich Wat & 000,000 in borrowings from Federal Re- 10% Doug Aircraft (75¢). e N e : B e o standarts | wiss STl serve banks. $20,000.000 in Reserve 214 Dresser (SR)Mfg(B) e N e T s Rt B et atin®), 11, Eeg, balances with Federal Reserve banks 31 Drug Inc (3) . - . % 9,362, weak; extra firsts, 13%: fresh and $33,000,000 in veult cash. 413% 33 Dupont de Nem (2).. % 33 4% Ohio O1l. = 4| Sradd firete, 13: current receits, 12%. AL 102100 Duquesne Lt 1st (5). 1% Oliver Farm Eaulp. 14 | T b I e e e 15 Oliver F Eq prof A.. i Gtus 61% 50% Eastman Kodak (3). ! . e _ U. S. TREASURY BALANCE. | 3™ 00" o stman Kod bt (6). 20 o gv. gplpe::hei'mt Collll)ns.. SILVER QUOTATIONS. W By the Asscclated Press. 6 3% Eaton Mfg Co. . I e NEW YORK, February 28 () .—Bar | o peier Wogi,s Treasury receipts for February 25| 20% 11% Elec Auto-L (1.20). 3% Otis Steel pr pt. . 3 allver quiet, un'chanced at 2612, S Perfect Circle ", _.50¢ were $3,938,397.36; expenditures, $15.-| 1% 1 Elec & Musical Instr. % P T Glass 21 3: % S ; Eet Milk pf 081,75 826,117.76; ~ balance, $255,701,540.37.| 7% 3% Elec Pwr& Lt 3% 3% + & Cugtoms duties for 25 days of February| 18% 7 Elec Pwr&Lt$6pf. % 8% 84 +1% .31k 24 PacificGas&El(2)., |18 24% 24% + % Telephone and. telegraph lines in| wete $14,720,935.23, " : 20% 10 _ Elec PWr&Lt $7pfosm 10 104 + ¥ = 30% Pacific Lighting (3)e . .9 80% 30 80 — % Afghanistan are béing extended rapidly. - 3 3388 EREES RR28 rn W Co Monr_ Chem pf_ 874z hem Co_of Cd ‘pf $1.7 i3 - B RS R e MORTGAGE LOANS