Evening Star Newspaper, March 5, 1933, Page 52

FINANCIAL. ANALYSIS OF TRADE OUTLOOKIS GIVEN First of Month Summary Pre- pared by Standard Sta- tistics Company. Special Dispatch to The Star. NEW YORK, March 4.—The first of the month outlook for various di- visions of industry and trade is sum- marized by the Standard Statistics Co,, of New York, as follows: Advertising—Although the volume of magazine advertising continues to de- cline, lineage in February magazines made the most favorable comparison with a year earlier (21.5 per cent lower) for approximately a year. Agricultural Machinery—A marked revival from the current low level of operations is not in early prospect. Aircraft—Manufacturing units will do well to equal the relatively unsatis- | factory profiis leve! of 1932, during the initial half of 1933. Automobiles—Sales data clearly re- veal the continuing trend of demand toward the lower priced offerings in the passenger car field. Automobile parts—The trade at large will experience & net loss during the first and probably also the second quar- ter of 1933. Automobile tires—Replacement pur- chases for the current year are esti- mated at 20 per cent below the limited 1932 volume. Building—The stabilization of build- ing activity is being continued, tenta- tively indicating a full seasonal expan- sion of operations during the Spring months. Chemicals—The chemical industry will continue to display better than | average profits performance during the near term, at least. Coal—Only the most efficient coal producers will be able to avoid deficits during the initial half of the current ar. ,emecl!‘ltul equipment—Sales of re- frigerators and other domestic appli- ances, which have been comparatively stable thus far during the depression, are likely to be less satisfactory in the coming Summer months. Food products—Except in the meat packing and canning fields, most food producers should continue to maintain a notably better earning showing than that of industry in general. Leather and shoes—Relatively large distributors’ stocks of shoes point quite definitely toward a further relative con- traction during March. Machinery—Restoration of profitable operations must necessarily await a more decided expansion in sales than is now indicated. Medicines—Earnings of representative eompanies for the initial 1933 quarter, it is estimated. will be no more than 30 per cent below the corresponding 1932 experience. Office Equipment—The usual seasonal betterment in domestic sales of office equipment probably was not fully real- ized during February Paper—A majority of units will be| unable to fully cover expenses during | the next several months, while vari- | ous financial readjustments appear inevitable. Petroleum—Strong efforts are now | being made to zlleviate underlying influ- | ences by a more rigid enforcement of proration policies. Radio—There is little possibility for restoration of radio profits during the | next several months. Railroad Equipment—A resumption of profitable operations must await a material pick-up in rail traffic. Retail Trade—Profits during the first half of this year will continue generally | sale at 20 for large clean eggs and 16 9 | are easy due to heavy receipts from the | 187 | for mixed colored broilers, 1% to 2% unsatisfactory. | Steel—Ingot production for March | should average about 19 per cent of | capacity. Sugar—Operations of sugar producers | probably will continue under the handi- | cap of depressed prices until the peak | of the production season has passed. Textiles—Operations in_cotton goods | mills generally are being well sustained, | and the rate of incoming orders in the silk division is being stimulated by the low prices now quoted. Theaters—Theater admission prices have been reduced nearly 25 per cent, on average, during the past few months, but unit attendance volumes have failed to respond to an offsetting degree. Tobacco—Leading cigarette producers are making headway in strengthening the competitive status of their brands and in stimulating total consumption by reclaiming business lost to hand- rolled volumss. EAI{};ING’S’ EEPORTED. NEW YORK, March ¢ (#).—Per ghare earnings of corporations report- ing in the past week with comparisons with the previous year included the folowing; @ Enged January 31. 1933 ©om. & South Corp . 2 20 Weeks Ended January 19. .83 General Electric. Atlantic ‘Refining Dismond Match. North American Co. L h. Calif. Edison.. K | Mach." ! hon American Clear’ . | mer. ‘Amer. Works & Elec. | Borden Co. ... Elec. Storage Battery. Ohio Oil Co. ... Wrigley (Wi )" o “Not avatlable {Preferred. 10n combined common and preferred ks. ———e e Starts 41st Year LOCAL BANK OFFICIAL HAS UNUSUAL RECORD. W. W. KECK, Assistant treasurer of the American Security & Trust Co., who joined the staff on March 1, 1893, received a flood of congratulations during the past week on his financial activities during the past four decades. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., March 4.—Due to the bank moratorium declared by Gov. Ritchie last Friday sales of poultry, eggs and produce have been greatly curtailed the past week as thousands have their funds tied up in the banks here and business generally is being transacted about 90 per cent on credit. The banks are expected to reopen some time next week, however, which will naturally stimulate business and a general improvement is lcoked for on all lines. The egg market continues quiet and easy in sympathy with other leading markets with receipts of nearby stock ample for the demand, which despite the low prices prevailing continues only fair. The few offerings on the ex- change, however. meet with ready sale, but only desirable, fresh laid stock will bring top prices of 15 cents a dozen for hennery whites, 55 pounds to the case and up, and 14 for current receipts. Duck eggs made their first appearance on_the market this week and the light offerings meet with ready to 18 for mediums. Shippers are ad- vised not to hold their eggs, but ship promptly in single case lots if neces- sary, as all held stock has to be sold at a discount. Poultry Prices, With the exception of old hens which South, "the live poultry market holds| 19': steaqy and sales generally have been 16% light throughout the week. Ycung 5% hen turkeys, 9 pounds and over, are | 26% bringing 20 cents a pound and old | 3' hens, 18, but young gobblers, 12 pounds | 8% and over, not so active at 16 and old | 4™ toms slow sale at 12 to 14, with all | thin as well as crooked breasts not wanted at any price. Market for young chickens, especially small fat broilers, has a slightly firmer tone at 16 to 20 pounds, and 14 to 16 for young chickens, 3'; pounds and over, but poor, thin fowl js hard to move at 8 to 10. Old hens, 31; pounds and over, are bring- ing 10 to 12, with smaller fowl as well as old roosters slow sale at 7 to 9. Capons_continue in light receipt and | meet with ready sale at 15 to 19. Ducks and geese unchanged from last week at 12 to 13 for the former and 13 to 15 for the latter. Active season for guinea fowl about over, but choice, fat, young birds under light receipts meet with ready sale at 25 to 45 each, with pigeons holding steady and unchanged at 15 to 20 a pair for both young and THE SUNDAY STAR, WASHINGTO! FOR WEEK ENDING MARCH 4, 1933. 32— Stock and Low. Dividend Rate. Add 00 80 Abram Strauss pf (7) 10s R Adams Express..... 108 50 Adams Exp pf (5). 10 Adams Millis (2) 6% Addressograph.. 1% Adv Rumley. 7% Affiliated Prod 1. 47'% Air Reduction (3). 13 Afrway Elec Appl... 11t Alaska Juneau(60c). 1 Albany Wrap Paper. 1 Alleghany Corp 1% Alleg Corp pf $30ww 17 Allez Cp pf $40 ww 2 Alleg Cp pf $30 xw. % Alleghany Steel Allied Chem & D (6). Allied Chem pf (7). Allis Chaimers Mfg. Amal Leather pf. 5 Amerada Corp (2). Am Ag Chem (Del) Am Bank Note Am Bank N Am Beet Sugar. . Am Beet Sugar pf. Am Brabe Sh&F 60c. Am Brake Sh pf (7). Am Can (4)... Am Can pf (7). 4 Am Car & Foundry Am Car&Foundry pf. Am Chain. . Am Chain pf. Am Ch.cle (13) Am Colortype. . Am Comc'l Alcohol Aun Encaustic Tiling ‘Am European Secur. Am & Foreign Pwr. . Am&Forgn Pw pf(6) Am & For Pw pf (7). Am & For Pw 2d pf.. Am Haw Stship (1).. Am Hide & Leather. . Am Hide & Leath pf. Am Home Prod 4.20. Am Ice Co. Am Intern Am La France&F Am Locomotivel. Am Locomotive pf... Am Mach&Fdy(80c). Am Metal Co. Am Metal pf. Am News (1%)... Am Power & Light. Am P&Ltpf A (233). Am Pwr & Lt pf (3). Am Radiator. Am Rolling Mills Am Safety Razor (3) Am Seating. Am Shipbuilding (2) Am Sm & Ref ¢ Am Sm & Ref 6% pf. Am Sm & Ref 7% pf. 5 Am Snuff (13%). Am Snuft pf (6) Am Steel Foundry . Am Steel Fy pf (2 Am Stores (12%) 4 Am Sugar (2) Am Sugar pf (7). An: Sumatra Tob. Am Tl & Tel (9). Am Tobacco (5). Am Tobacco (B) (5). Am Tobacco pf (8).. Am Type Founders Am Type Fdrs pf. Am Wat Wks ctfs(1) 2 Am Woolen. . = Am Woolen pf. Am Zinc & Lead Anaconda Copper. Anaconda Wire & C Anchor Cap (60c)... Anchor Cap pf (614). Archer-Danfels (1).. Armour of Del pf(7). Armour of TII (A) Armour of 111 (B) Armour of Tl pf. Arnold Constabie Artloom Corp 2 Artloom pf. S Art Metal Construct. Associated Apparel. . Asso Dry Goods. . Asso Dry G 1st pf... Associated Ofl (1), Atchison. Atchison pt (i S Atlantic Coast Line. . antic Refining(1). s Powder pf (6). Atlas Tack S Auburn Auto (d4)... old 7%~ 515 Aviation Corp (Del) . The market for white potatoes, dull and inactive at 85 to 1.00 per 100 pounds, but stock must be well graded as all mixed potatoes have to be sold at a discount. Sweet potatoes in bet- ter demand and values slightly higher at 65 to 85 per bushel, and 1.00 to 1.50 per barrel. Garden Trusk. Demand for native and nearby gar- den truck very slow and prices are moetly in buyers’ favor at the follow- ing quotations: Onions, 1.00 to 1.25 per 100 pounds; spinach, 90 bushel, and | turnips, 20 to 30 basket. The live stock market continues dull and inactive under light receipts on the wharves, but ample for the demand which is centered principally on first quality stock. Quotations today at Light Street Wharf: Beef cattle, first quality, pound, — to 5; common to medium. 2 to 4; bulls, as to quality, 1% to 212; cows, choice to fancy, 3 to 4; common to fair, 11, to 212; oxen, as to quality, 112 to 315} calves, veal, large, — to 6; large, fat, 5 to 5!%; large, rough, 4 to 415; c mon, thin, 3 to 312; sheep, 112 to 215; Spring lambs, choice, 6 to 6'2; fair to good, 5 to 5! small, thin, 3 to 4 hogs, straight, 3'2 to 4; sows, 2% to 3; stags, 112 to 2. Live pigs, 5 to 7; shoats, 4 to 6. — = Furniture Market Spotty. NEW YORK, March 4 (#.—The wholesale furniture market was de- scribed as “spotty” this week. Some sections reported an exceptionally large call for low and medium priced goods, but others noted little demand for merchandise. New England and the South were the most active sections. WEEKLY FINANCIAL HIGH LIGHTS o By the Assoclated Press. Brokers’ loans Federal Reserve ratio Holdings U. S. securities...... Gold reserve Rediscounts Bank clearings Electric output (Kw. h. ek ending February 25 . (Final three ciphers omitted in above.) Car loadings, weck ending Feb. 25.... Crude o1l production (barrels)....... Stock sales (N. V. Stock Exchange).. Bond sales (N. Y. Stock Exchange).. i67,g36.000 New financing Call money rate ‘Time money rate. Commercial paper This week. 2,192,600 10% Last week. % $429,000 | s 61.2% i 3% $1,834,233 3,118,393 327,138 4,156,631 1,469,732 5632571 1,425,511 1,512,158 (Withheld at source.) 2,082,650 2,138,050 4,934,253 7,775,180 $62,445,000 $61,946,000 00,000 4950000 15,034,000 % 214% 4% 315-3%,% % . 3 5,371,206 1 1 WASHINGTON STOCK EXCHANGE (Reported by W. B. Hibbs & Co., Hibbs Building, Washington, D. C.) SALES OCCURRING ON THE WASHINGTON STOCK EXCHANGE FOR 1933 UP TO AND INCLUDING FRIDAY, MARCH 3. BONDS. Bales. PUBLIC UTILITIES. $12,000 Ana. & Pot. Riv. R. R. 1st 5s, 1940.. 45 1,000 Ana. & Pot. Riv. R. R. guar 5s, 1949, 13,000 Capital Traction 55, 1947........ 14,000 Georgetown Gas Light 1st 55, 106 8,000 Potomac Electric Power cons. 55, 1936 9,500 Potomac Electric Power gen. & ref. 6s, 1053. 286,800 Washington Gas Light ref. 5s, 1958. 5,000 Washington Gas Light gen. 55, 1060. 52,000 Washington Gas Light 6s, 1933, series 10,800 Washington Gas Light 6s, 1036, series B 23,500 Washington Railway & Electric 4s, 1951..... i @hares PUBLIC UTILITIES. {463 Capitel Traction Norfolk & Wash. Steamboat ) Potomac Eleetric Power pfd 458 Potomac Electric Power pfd 153 Washington Rwy. & Elec. pfd.. 'MISCELLANEOUS. &5 eotmrd & Lothrop Sl Approx. yield 16 Open. High. Low. Close. maturity. 48% 45 48 12.6% 0% 90% 59% 51% 52 12% 103 103 4.8% 104% 105 3.25% 105% 106 5.5% 86'; 86'% ,6% 4 103 103 100 100 1023 103% 80% 86% 52% 103% 104% 108% 04% 105% 100 . 1034 89'a Approx Low. Close. I’filt 8 B i 861 86l 1082 1 105% 106 82 82Y% 106 108 Baldwin Locomot. .. Baldwin Locomot pf. 480s 4 Baltimore & Ohjo.... 222 Baltimore & Ohio pf. 26 Bamberger pf (61%). 170s Bangor & Arostk (2) x 4 Bang & Aroos pf (7).x 70s % Barker Bros. . Barnsdall Corp. ... % Bayuk Cigars. . Bayuk Cig 1st pf(7). Beatrice Creamer: Reech-Nut Pk (3). Reldin Belg N RY pt nf 4.09. Rendix Aviation. Best & Co. . : Bethlehem § ! Bethlehem Steel p! Blaw Knox Bloomingdale Bros. . Bohn Alumn & Brass Borden Co (1.60 4 Borg Warner. Boston & Maine Briggs Mfg Co. Briggs & Strat (1). Bklyn Marhat Tran. . A BKlyn Unlon Gas (5) x 68 RBrown Shoe (3).. Brown Shoe pf (7). Brunswick-Balke Bruns Term & Rwy: Bucyrus-Erie. ... Bucyrus-Erfe cv pf Budd (E G) Mfg. Budd (E G) Mfg pf Budd Wheel Bullard Co Bulova Wa! L Burrough A M(10c). 57 Bush Terminal. . 5 3 Bush Term deb stk. 10 Bush Term pf (7) 400s % Butte Copper & Zinc. 6 1 Butte & Superior. 8 1% Butterick Co. 4 815 Byers (A M). 45 3014 Byers (A M) pf (7).. 1008 ——e T% California Packing.. 22 1 Callahan Zinc&Ld.. 1 2 Calumet & Hecla.... 36 2 Campbell-WyantFy. 2 7% Canada Dry GA (1). 15 7% Canadian Pacific.... 236 14 Cannon Mills (1). 7 415 Capital Admin (A).. 52 Car Clin & O sta (5). 301 Case (J I) Co. 40% Case (JT) pf (4). 514 Caterpillar Tractor. 414 Celanese Corp % Celotex Co 1% Celotex pf. . 14 Cent Aguirre (1%). 21 Century Rib Mills 52 Century Rib M pf(7). 5% Cerro de Pasco. .. 1 Certain-teed Prod 17% Checker Cab Mfg. 24% “hes & Ohio (214) 147 Chesapeake Corp (2) % Chi & Eastern 111 pf.. 1% Chi Great Western. . 3% Chi Great Westn pf.. 1% Chi Mil St P & Pac. ... 1% Chi Mil StP & Pac pf. 3 Chi & Northwestern. 5% Chi & Northwest pf.. 2% Chi Pneumatic Tool 5% Chi Pneu Tool pf.... 8 Chi Rock I&Pac.... 4% Chi RI&Pac 6% pf. 4% ChiR I & Pac 7% vf. 6% Chi Yellow Cab (1).. 5 Chicasha Cotton Oil. 2 Childs Company. T% Chrysler Corp’'n Th City Ice & Fuel (2). 48% City Ice&Fuel pf 615 . 1008 45 City Investing (3)... 5508 1% City Stores. ... 14 6 Clark Equipment. ... 7314 Coca-Cola Co (7). 44% Coca-Cola (A) (3). 713 Colgate-Palm-P (1). 5813 Colg-Palm-P pf (6) S Collins & Aikman 10 Col & Southn 2d pf.. 10% Columbia Gas (b1).. 59 Columb Gaspf A(6). 6% Columbia Pictytc... I +4+ P S ey R + +1+ L+t +4+11 sr vy #¥Recess +1 + +1+110 = ¥ +11+1 '3 FORER L++ ++1 Li4++ %111+ e % % - 3 i % 2 % 124 D. C, Stock and Dividend Rate. umb Carbon (2). . Commercial Credit. Comc'l Credit (A). 29 Comel Cred pf (1%). 2008 Comcl Cred 18t(6%). 7608 Comcl Cred pt B (2). 640s Comcl Inv Trust (2).x 47 Comel Inv Tr pf 6%. 170s Comel Inv Trpt (7). 1458 Comcl Inv ev pf(e6).x 20 Comcl Solv (60c).... 264 Comwlth & Southn.. 267 Comwlth & Sou pf(6) 20 Congol-Nairn (60c).. x 21 Congress Cigar (1).. 4 Consol Cigar. . ie Consol Cgr prpt 6%. 908 Consol Film.. 3 Zonsol Film pf. Consol Gas N Y (4).. Consol Gas NY pf(5) Consol Laundries Consol 011 Corp. Consol Oll pt '(8) Consol Textile...... Container Corp (B). Contl Baking (A). ‘ontl Baking (B). Contl Baking pf (4) Contl Can (2)....... Contl Diamond Fibre 4 Contl Insur (1.20)... Contl Motors, Contl Oil (De! Corn Products Corn Prod pf (7) Coty Inc Cream of Wht 12%... Crosley Radio. 14% Crown Cork & Seal. . 241 Crown C&Spf (270).x 1 1% Crown Zellerbach. 1 9 Crucible Steel.... 16 Crucible Steel pf 1% Cuban-Am Sugar. 10 * ~uban-Am Sugar pf. 20% Cudahy Packing 2% . 615 Curtis Publishing. .. 80 Curtis Publishing pf. 1% Curtiss-Wright. . ... 2% Curtiss-Wright (A). 74 Cushmans pf (7) 4% Cutler Hammer. 1% Davega Stores (h3).. 1 Davison Chemical. .. 61 Deere & Co pf (20c). 37% Delaware & Hudson. Del Lack & Westn. .. Denver& RG W pf.. Detroit Edison (6).. Devoe&Raynolds(A) 714 Diamond Match (1). Diamond Mach pf 1% Dome Mines (11.30). Dominion Stores 1.20 Doug Alrcraft (75c). Dresser Mfz (A).... Dresser (SR)Mfg (B) Drug Inc (3) Duluth S S & Atl pf.. Dupont de Nem (2).. x877 Dupont deN db pf(6) 12 Duguesne Lt 1st (5). 530s Eastern Roll Mills Eastman Kodak (3). x140 Eastman Kod pf (6). x20s Eaton Mfg Co. .. 2¢ Elec Auto-L (1.20).. Electric Boat. . 5 Elec & Musical Instr. Elec Pwr & Lt..... Elee Pwr&Lt 36 p! Elec Pwr&Lt $7 pf Elec Storage Bat (2). Endicott-Johnson(3) Engineers Pub Svc. . Eng Pub Sve pf (5).. Eng PSpf ww (51). Eng Pub Sve pf (6).. Equitable Of Bld(1). ErieRR.... Frie R R 1st pt Erie RR 2d pf. Eureka Va Clea. 4 Evans Auto Prod. 250 Fashion Park As pf.. Fed Lt & Trac pf(6). Federal Mot Truck Federal Screw Wks. . e ter Service A Fed'd Dep Strs(60e) . 3 Fidelity-Phoen 1.20. . A Bus (64c)., ons pf 6% . FirestonsT& R (1). Firestone T&R pf(6) 3 First Nat Strs (213), 7' Florsheim Shoe (A). 89 Florsheim pf (6) . 213 Follansbee Bro: 4'; Foster-Wheele: 2 Foundation Co...... 13% Fourth Nat Inv 1.10. 1% Fox Film (A)... . 12 Franklin Smn pf(7).. 16% Freeport-Texas (2).. 9 Fuller Co pr pf. . 4 Fuller Co 2d pt Gabriel Co (A) 6% Gamewell Co Gen Am Investors. .. Gen Am Tan Car(1) Gen Asphalt. . Gen Baking (2) Gen Baking pf (8) Gen Bronze Gen Cable Gen Cable (A). Gen Cable pf Gen Cigar (4)... 4 Gen Electric (40c Gen Elec spec (60c). Gen Foods (2).. Gen Gas & Elec (A). Gen G&EI pf A (7)., Gen It Ed El (a2.06) Gen Mills (3) Gen Mills pf (6). Gen Motors (1). 4 Gen Motors pf (5)... Gen Outdoor Adv.... 20 Gen Outdoor Adv (A) 5 Gen Printing Ink. ... Gen Prtg Ink pf (6). Gen Public Service. . Gen Ry Signal (1) Gen Realty & Util. .. Gen Kealty & Util pf. Gen Refractories. Gillette Saf Raz Gillette Saf R pt (5) % Gimbel Bros........ Gimbel Bros pf. 508 20s 3 Goodrich (BF). 9 Goodrich (BF) pf... 9% Goodyear Tire&Rub. 27% Goodyr T&R pf (2).. 9% Gotham Silk Hoslery 1% Graham-Paige 3% Granby Cons 3% Grand Union 22% Grand Union pf (3). 15% Grant (W T) (1) 6% Great Northern pt 5% Great Northern Or 7 Great West Sugar... 2% Great Wn Sug pf(7). 8% Greene Cananea..... % Grigsby Grunow. 2% Gulf Mobile&Nor pf.. 6% Gulf States Steel.... 20 __16% Gulf States Stl 1st pf 19% 28% 2% 14% 4% 52 8 1% 76 18 95% 5% 7 31 16% Hackensack W (13%) 261 Hacken Wat pt A 1% 11 Hahn Dept Stor 9% Hahn Dept Stores pf. 314 Hall W F Printing... 45% Hanna pf (7)........ 6% Harbison & Walker. . % Hayes Body..... . 691 Helme (GW) (17)... 15 Hercules Powder 1% 8714 Hercules Pow pf (7). 45 Hershey Choc (5). 3% Holland Furnace. 2% Hollander Sons 169 145 Homestake Min . % 8% 15% 5% 3% Houdaille-Hersh(B). Househd Fin pf 4.20. 8% Houston Ofl..... 1% Houston Oil (new).. 5% Howe Sound (40c)... % Hudson & Man (24). Hudson Motor Car... 1% Hupp Motors........ 10% Illinois Central. 31 Illinofs Cent11 (4) % Indian Motor Cycle. . 6 Ind Motor Cycle pf 27% Industrial Rayorf (2) 19% Ingersoll-Rand(1%) 12 Inland Steel... E 2 Inspiration Copper.. 2% Insuranshrs Del 15c. 1% Insuranshares (Md). 4% Interboro Rap Trans. % Intercontl Rubbe: 2% Interlake Iron. 75% Int Bus Mach (6). . 6 94 9 1803408117% 9 68% 6! 2% 5% 34 % 111% 111% 111% 111% 93 93 IT++114 ++1+ | e 1+ ss22E"r #¥s2 w52 ++ 1 LU+ + Fsezy & TeEx 1933— Fh. Low. 14% 28% 110 11 18Y% 13% 1 4 19% 32 6% 10% 184% 3 6 21 23% 51% 2% 65 1 20% 5% ™ 11 % 111% Norfolk & West (8).. 28 4 2 37% 311 Owens Il Glass.(3).. 60 2 MARCH._ 5, 1933—-PART SIX. Stock and . Dividend Rate, 3% Int Combustion pf. 2 13% Int Harvester (60c).. 305 80 Int Harvester pf (7). 3 3% Int Hydro-Elec (A).. 19 1% Int Merchant Marine 2 6% Int Nickel of Can. . 316 215 Int Paper pf 408 % Int Paper & Pwr (B). 1 2% Int Paper & Pwr pt.. 8% Int Printing Ink..... 381 Int Printg Ink pf (6. 5% Int RysCent Am pf.. 15% Int Salt (1%) 24% Int Shoe (2) 9% Int Silver. . 2414 Tat Silver pf, % Int Tele & Teleg. .. 1% Interstate Dept St. 11 Island Creek Coal(2) 5 23 Jewel Tea Co (3). 2 12% Johns-Manville 57 Johns-Manville pf. 35 Jones & Laugh pf(1) 1208 106'3 K C P&Lt 15t pfB(6) Kansas City Southn. Kan City Sou pf (2). Kaufmann Dept St. {ayser (J) & Co. Keith-Albee-Orph p: Kelvinator Corp. Kendall Co pf () Kennecott Copper, Kimberly-Clark 55 Kresge (SS Kresge ( Kress (SH) (f1).. 14% Kroger G lede Gas 22% Lambert Co Lee Rubber & Tire. Len Port Cmt pf 3%. Lehigh Valley Coal Lehigh Valley R R.. Lehman Corp (2.40). Lehn & Fink (2). i Libbey Owens Glas: Liggett & Myers(t5) Ligg & Myers B (15). Ligg & Myers pf (7). Laly Tulip Cup (1%). Lima Locomotive. .. Link Belt (80¢) 4 Liquid Carbonic. Loew's. Ine.... Loews Inc pf (6%) Loft Inc. . Long Bell Lumb(A) . Loose-Wiles Bis (2). Loose-Wiles 18t (7). Lorillard (P) (1.20). Louisiana Oi Louisiana Oil Lou Gas&EI A ( 21% Louisville & Nash 4 Ludlum Steel 9% McAndrew Forbes(1) MeCall Corpn (2) McCrory Stores McCrory Stores pf. MelIntyre P M(+1%). McKeesport T P (4). McKesson & Robbins McKesson & Rob pf.. MeLellan Stores Mack Trucks (1). Macy (RH) & Co (2). Magma Copper (30c). Mallison & Co. . Manati Sugar pf. Manhattan Elev gtd. Manhat Elev mod gtd Manhattan Shirt. ... Maracaibo Ofl Exp. . Marine Midld (80c) Ry prpf.. arlin-Rockwell(1). Marmon Motor Car. . Marshall Field & Co. Mathieson Alk (133). May Dept Stores (1). Met-Gold Pic pf 1.89. Miami Copper Mid Continent Petm. Midiand Steel Prod. . Midl'd 11stpf (8). in-H'well Reg (1) Minn Moline Pow Minne & s MStP&SS MStP&SS Mo Kan & Texas. Mo Kan & Texas pf Missouri Pacific. . Missouri Pacific pf. Mohawk Carpet. . Monsanto Chem 1% . Montgomery Ward. Mother Lode. Motor Meter G 7% Motor Products 115 Motor Wheel. 31 Mullins Mfg 7 Mullins Mfg pf. 1% Mourray Corp. 8 FE & Bro (1) at Dist pr pf (213). at Enam & Stamp 4 Nat Lead (5). Nat Lead pf A Nat Pwr & Lt (1) Nat Steel (50¢). Nevada Con Copper. Newport Industries N Y Central....... Y Chicago & St L. CChi & St L pt. Y & Harlem (5) Y Investors.. 9 Y N H& Hartford. 477 YNH&Hartpf.. 23 7% N Y Ont & Western..~ 80 N Y Shipb'ldg (10¢). 32 XN Y Shipbldg pf (7).. 508 team pf (6). 908 Y Steam 1st pf(7). 90s Noranda Min (a1.10). 187 6 2008 19 78% Norf & Westn pf (4). 40s North Am Aviation.. 49 North Am (b8 % stk) .438508 Norih Amer pf (3)... 18 North AmEd pf (6).. 5 Northern Pacific..... 160 Norwalk Tire & Rub. 3 4% Ohio Oil. 134 Oliver Farm Equip. . 3% Oliver FEqprpfA.. 1% Omnibus Corp. ..... 2% Oppenheim Collins. . 10% Otis Elevator (1). 9814 Otis Elev pf (6) 15 Otis Steel. .. 24 Otis Steel pr pf. 84 Outlet Co (4). T Dacific Coast. ... 221 Pacific Gas & El (2) 2814 Pacific Lighting (3). 6 Pacific Mills........ B 65 Pacific Tel & Tel(7). 2808 106 Pacific T & T pf (6).. 190s 1% Packard Motor Car.. 27, 11% Pan-Am Pet B (80c) 15 Panhandle Pro&Ref, 5 Paramount Publix Param’t-Publix ctfs. Park & Tilford. i Park Utah. . Parmelee Transport. Pathe Exchange. . Pathe Exchange (A). Patino Mines. ... Peerless Motor Car. Penick & Ford (1 80s 83 A% Penna RR (h50c). 455 49% Peoples GasChi (5), 19 8% Pere Marquette. . 2 4% Pere Marquette pf... 270s 6 Pere Marquette prpf 130s 4% Petrol Corp of Am 86 4% Phelps Dodge. 2% Phila & Read C 3 Phillips-Jones Co... 4% Phillips Petroleum. ., 1% Pierce-Arrow. 1 Plerce OIl. 3% Pierce Oil pf. % Plerce Petroleum. 9% Pillsbury Flour(60c). Coal 3% 17% 86% 3% 1'% 1% 24% 21 37 55 13 FlFE+E LI+ +++41 FEEFEFESIEF o 23 I+ 11ll++ FINANCIAL Stock and . Dividend Rate. 15% Pitts United pf. .. 6% Plymouth Oil (1).... 2 Poore & Co (B)...... 35 % Port Ric Am Tob(B). 4 Postal Tel&Cable pf. 7% Prairie Pipe Line.... 11258 % Pressed Steel Car..,. 16 3 Pressed SteelCarpf. 6 19% Proctor & Gam(1%). 169 98% Proc & Gamb pf (5).. 3108 % Producers & Refin.... 3 87% Public Sve N J(3.20). x212 70 PublicSve NJT pf (5).x 2 864 Pubiic Sve NI pf (6).x 6 934 Pub Sve G&E pf (5 3 18 Pullman Corp (3). 3 21% 30 Pure Ol pf (2).. 2001 5% Purity Bakerles (1) 3 Radlo Corp..... 13% Radio Corp pf (A) 6'2 Radio Corp pf (B) Radio-Keith-Orph. .. Raybestos-Man (60c) x 12 Reading Rwy ().... 17 Reading 15t pf (2) Reading 2d pf (2), Real Silk Hoslery. Remington-Rand. Rem Rand 1st pt Rem Rand 2d pf. Reo Motor CAr Republic Steel. Republic Steel pf. Revere Copper. . Revere Copper (A).. 1 Revere Cop & Br pf.. 208 Reynolds Metals(1) 6 4 Reynolds Spring. Reynolds Tob A (3). Reynolds Tob B (3). Richfield Oil. . Ritter Dental Rossia Ins of Amer.. Royal Dutci afeway Stores (3).. 4 Safeway Strs pf (6). 80% Safeway Strs pf (7). 6'a St Joseph Lead...... % St L-San Francisco. . 1% St L-San Fran pf.... 2% Savage Arms........ % Schulte Retail Stores 6 Schulte Ret Stor pf.. 28 Scott Paper (1.40)... % Seaboa™ Air Line. 13 Seaboard Air Line 15 Seaboard Ol (50c). 144 Seagrave Corp. 123 Sears Roebuck 1% Second Nat Inv... 24 Second Nat Inv pf. % Seneca Copper. 1% Servel Inc. .. Sharp & Dohme. Sharp & Dohme pf(2) 3 Shattuck(FG) (50c). 35 Shell Transport & Tr ,100s Shell Union Ofl...... Sheil Union Ofl pf... Stmmons Co.... Simms Petrolm (25¢) Skelly Oil - Skelly Ofl pf ww Sloss-Sheff Steel pf., Snider Packing. ..... Socony Vacuum 40c. Solv Am pf ww(514). So Port Ric Sug 1.60. So Port Ric S pf (8). Southern Cal Ed(2).. 107 Southern Dairies B.. 1 Southerm Pacifi 701 Southern Rallway... 82 Southern Iway pf 44 Sparks-Withington.. 27 Spear & Co Spencer Kellogg(60c) Spicer Mfg ‘ Spicer Mfx pf (3). Spiegel-May-Stern Standard Brands ( Stand Gas&H (1.20). Stand Gas&El pt (4). Stand Gas&FEl pf (6). Stand Gas&El pf (7). Stand Invest Corp Stand Oil Calif (2) Stand Oil Exp pf (5). Stand Ol Kansas. Stand Oil N J (1) Sterling Secur (A) Sterling Secur pf Sterling Secur ev pf. S.ewart Warner. Stone & Webster. Studebaker Corp Studebaker pf. Sun 0l (1).. Sun Oil pf (6). Superheater (50c)... Superior Of1. Superior Steel. Telautograph (1). ‘Tennessee Corp. Texas Corp (1)...... Tex Gulf Sulphur(1) Tex Pacific Coal&Oil. Tex Pacific Land Tr. Thatcher Mfg Co.... ‘The Fair. cesean ‘The Fair p: ‘Thermoid Co.. Third Avenue . Third Nat Inv (%0c). Thompson (. Thompson Starrett. . Tide Water Asso Of1. Tide Water As pf () Tide Wat Oil pf (5).. Timken-Detroit Axle Timken Roller Bg(1) Transamerica Corp. . Tri-Contl Corp...... 48% Tri-Contl Corp pf(6). 20% Trico Products(214). 8 Truax Traer Coal.... Truscon § 4 108 12 2 169508 6% Union Bag & Paper.. Union Carb & C (1).. Un Oil of Calif (1)... 4 Union Pacific (6).... Union Pacific pf (4). 2 Un Tank Car (1.40).., Unit Aircraft. .. Unit Aircraft pf (3 Unit Biscuit (2) Unit Carbon. . . Unit Corp (40¢) Unit Corp pf (3)..... Tnit Dyewood. wer Unit Electric Coal. Unit Fruit (2)... Unit Pce D W pf 6% U S Express... U S & Forn Secur. U S & Forn Sec p U S Gypsum (1). U S Pipe 1st (1.20) U S Realty & Imp U S Rubber..... U 'S Rubber 1st p: U S Smtg & Ref (1).. S Smtg&Ref pf 3% U S Steel....... 13! U S Steel pf (2) U S Tobacco (4.40) 3% United Stores (A). Univ Leaf Tob (2)... TUniv Leaf Tob pf(8). i Univ Pictures 1st pf. Univ Pipe & Rad. 6 Univ Pipe & Rad pf.. 2% Util Pwr & Lt (A). % % Vadsco Sales Corp. 3 7% Vanadium Corp. . 84 4% 3% Va-Car Chem 6% pf. 2 5014 40 Va-CarChem7%pf. 3 8% 17 VaElec&Pw pf (6) 314 21 Va Iron Coal & Coke. 20% 12% Vulean Detinning. 214 1% WabashRR. 34 1% Wabash pf (A 8% 6% Waldorf System 2 1 WalworthCo.. % Ward Baking (B).... 18 Ward Baking pf (2).. 1 Warn Bros Pictures. 141 % Warner Quinlan..... 4 215 Warren Bros. . . 28 7% Warren Broscv pf... 80s § Warren Found & P 9 1 Webster Eisenlohr.. 16 §0 Webster-Eisenlhr pf. 60s % Wells Fargo 40 7 ‘Wesson O & Sn (50c) 8 Wesson O&Snpf (4). 8 West Pa Elec A (7).. 3208 West Pa Elec pt (6). 1208 West Pa Elec pt (7). 1188 101 West Pa Pwr pf (6).. 208 110 100% West Pa Pwrpf (7). 2308 1% 1 Western Dairy (B) 2 % 4 Western Maryland 3 (Continued cn 4 408 108 1 208 53 14444+ + EE FRET R FEE +1 ~ £ l|l4:|+|+ FEPESEEE - sESsFsrasss T+t 4+ 144441 » ~ EX TI+1 0+ 11 ++1+ EFEER FESEEF FRTEEE Lil+++++ o FE