Evening Star Newspaper, March 16, 1933, Page 14

* before and during the Nation-wide holi- « Weakened by ! after he was taken . was well on the road to recovery today. . ending of the financial holiday. : ciation reported that during the past ! gratification again today over the fur- ther increase in Washington's 20 banks . which ¥ schedules on Tuesday. Customers filled 4 the bank lobbies and a feeling of op- % heard. ison, White & Rowe, to deal in invest- + Insurance Building. FA—14 wxw WASHINGTON STOCK! MARKET REQPENS: Bond Group Proves Feature of Trading—New Issues Added. BY EDWARD C. STONE. The Washington Stock Exchange re- opened today, following yesterday's action by the board of governors. The bond divicion drew the most attention. Prices were about where they stood before the holiday was declared, which was considered both gratifying and constructive. Trading was moderate. Potomac Electric Power 6s figured in the first $1.000 transacticn, selling at 105%. Washington Rajway & Electric 48 figured in a $1.000 turnover at 87%%. Trading in the stock division was con- fmed to Potomac Electric Power pre- ferred issues. Today's session was opened under the following resoluticn, which was adopted esterday . 2 “Resolved, 'That the Washington Stock Exchange shall be opened for business at the usual hour on Thursday, March 16, trading to be in all listed bonds and stocks of public utility com- panies, and such cther securities as may be admitted for trading from time to time on order of the board of gov- y ion the governors ex- panded the list Ry adding permission to trade in Lanstdn Monotype, Peoples Drug Stores preferred and Emerson Bromo-Seltzer “A." Exchange Board Rooms Crowded. The board rooms in the local New York Stock Exchange offices were jammed to the doors again today long before the tickers started at 10 o'clock. Feverish interest was manifested in the stock market following yesterday's amazing rush of business as the Wall Street holiday came to an end. Quotations today opened higher than they closed iast night, although the ticker movement indicated that there was considerable profit taking by trad- ers who had large gains from yesterday's wild advances. This appeared to be readily absorbed as quotations made further progress. In Washington broker offices today there was an atmosphere which remind- ed one of “the good old days” before the Wall Street crash in 1929. The volume of trading was heavy, there was an endless amount of gossip about the immediate future of the market and much more confidence expressed ia the financial outlook in general. Brokers were cheerful, in fact, de- lighted with the great increase in vol- ume. Customers were cautious, as yes- terday's advance was so rapid that they feared all the gains might not beheld. : The advance in commodities also aroused unusual concern and was con- sidered extremely important in its bear- ing on the agricultural situation. Pennsy Pays Dividend. The Pennsylvania Railroad paid out $6.583.848 in dividends yesterday to 249,778 stockholders, of whom over 107, 000 are women. Many of these checks were recefved by local investors. Pay- ments to American stockholders situ- ated in the territories covered by the 12 Federal Reserve districts were: Phil- adelphia, $2,260,000; New York, $1,848,- 000; Cleveland, $868.000; Boston, $735,- 000; Chicago, $223.00 Richmond, $188,000; San Francisco, $105,000; St. Louis, $71,000: Minnecapelis, $19,000; Kansas City, $19.000; Dallas, $13,000. The Treasury is offering $100,000,- 000 of 91-day bills, for which bids will close at ‘2 p.m. Monday, March 20, ac- cerding to Secretary Woodin. This new oeffring will increase the total of bills outstanding. It may be considered as a part of the regular March 15 financ- ing. Part of the need for these funds arises from the banking situation, which will delay temporarily receipts from | taxes. Bank Presiednt Back at Desk. Victor B. Deyber, president of the! Second National Bank and secretary of the Washington Clearing House Asso- ciation, was back at his desk today after an attack of grip. Mr. Deyber had to shoulder an im- mense amount of extra work in con- nection with the almost constant meet- ings of the Clearing House Association day declared by President Roosevelt. overwork, he caught a cold which terminated in an illness which forced him to remain at home. George O. Vass, a vice president of the Riggs National Bank, substituted for him at the Clearing House meetings ill. Mr. Deyber Building Associations Very Busy. Building and loan associations in Washington were sharing again today with the banks the greatly increased business which has developed since the ‘There has been a constant stream of depositors going into these offices. One asso- two days deposits had been 18 times Jarger than withdrawals. Local bank officials expressed deep were granted Government li- censes and reopened on full operating timism was everywhere to be seen and Heard in Financial District. Papers were filed yesterday in the District for the ircorporation of Slau- ment securities. The new corporation will take over the business of Slauson & White, located in the People’s Life ‘The officers are Don W. Slauson, president; Roland H. | Rowe, vice president and Mabel S. White, secretary treasurer, Fanny Farmer Candy Shops, Inc., has declared a dividend of 25 cents on the common stock and the regular quarterly dividend of 60 cents on the preferred stock, both payable in United States funds on April 1 to stock of record March 15, Three months ago similar dividend was paid on the common stock. Loose-Wiles Biscuit Co. has declared the regular quarterly dividend of $1.75 on the preferred stock, payable April 1 to stock of record March 23. Bank Pays $25 Dividend. First National Bank of New York has declared the regular quarterly dividend ; of $25, payable April 1 to stock of rec-| ord March 25. | John R. Thompson Co. Restaurant has declared the regular quarterly divi- | dend of 25 cents, payable April 1 to stock of record March 24. Irving Trust Co., New York, has de- clared a quarterly dividend of 25 cents, payable April 1 to stock of record March 18. Previously 40 cents quarterly ‘was paid. PARIS BOURSE PRICES. PARIS, March 16 (#).—Three per cent rentes, 73 francs 25 centimes; 4! per cent rentes, 88.05. Exchange on London, 87.57. The dollar was quoted at 25.31. S IRON PRODUCTS PRICE. By the Associated Press. The price of a ton of composite iron and steel products remained unchanged during the week ended March 11, as the trend was computed by the Com- merce Department. In the table that follows the selling price is given for comparable weeks, as announced by the department: Week ended March 11 Previous week Same week last year. ~n FINANCIAL.. _._THE EVENING STAR WASHINGTON, D. C, THURSDAY, MARCH 16, 1933. \ TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. 1933~ _ Stock and High. Low. _ Dividend Rate. 1515 13% Abrm & Straus 1.20.. 5% 3 Adams Express 15% 10 Adams Millis (2). 10% 6% Addressograph. 2% 1% Adv Rumley.. 10% 7% Affiliated Prod 1. 6415 471 Air Reduction (3) 13% 11% Alaska Juneau(60c). 1% 1 Alleghany Corp.....: 34 1% Alleg Corp pf $30ww. 81 5% Alleghany Steel..... 89% 70% Allied Chem & D (6) 1217% 118% Allied Chem pf (7) 9 6 Allis-Chalmers Mfg. 6% 5% Alpha Port Cement.. 22'% 18% Amerada Corp (2)... 10 —Prev. Am Ag Ch Conn pt Am Ag Chem (Del).. Am Bank Note...... Am Beet Sugar. Am Beet Sugar pf... Am Brake Sh&F 60c Am Can (4). . Am Car & Foundry. . Am Car&Foundry pf. Am Comc’l Alcohol. . ‘Am European Secur. Am & Foreign Pwr. . Amé&Forgn Pw pf(6) Am & For Pw pf (7).. Am & For Pw 2d pf.. Am Hide & Leather. , Am Hide & Leath pf.. Am Home Prod 4.20.. AmIceCo... Am Ice pf (6). - Am International. ... Am Locomotive. Am Locomotive pf. Am Mach&Fdy(80c). Am Mach & Metals. . Am Mach & Met ct Am Metal Co. ... Am Power & Light. . AmP&Ltpf A (2%). Am Pwr &Lt pf (3).. Am Radiator . Am Rolling Mills. Am Safety Razor ( Am Ship & Com 2 Am Shipbuilding (2). AmSm&Ref....... Am Sm & Ref 6% pf. Am Sm & Ref 7% pt. 2 3 Am Snuft (t3%)....x Am Steel Foundry Am Stores (1213). Am Sugar (2). Am Sugar pf (7 ‘Am Sumatra Tob. Am Tel & Tel (9). Am Tobacco (5) Am Tobacco (B) (5). Am Type Founders. . ‘Am Type Fdrspf. ... Am Water Works(1) Am Wat Wks ctfs(1) Am Woolen, g Am Woolen pf. Am Writ Paper Am Zinc & Lead. Anaconda Copper. Anchor Cap (60c). Andes Copper. .. ‘Archer-Danfels (1) Armour of Del pf(7). Armour of Tl (A)... Armour of 111 (B) Armour of 111 pf Associated Apparel. . Asso Dry Goods. . ... Atchison. ... 5 Atchisonpf (5)..... Atlantic Coast Line. . Atlantic Refining(1). Atlas Powder. 5 Auburn Auto (2)... Aviation Corp (Del) Baldwin Locomot.. . 549 1 23 403 12 Baldwin Locomot pf. 340s « Baltimore & Ohio. ... Baltimore & Ohio pf. Bang & Aroost (2)... Barnsdall Corp. Beatrice Creamery Beatrice Crm pf Beech-Nut Pkg (3). ., Belding-Hemingway. Belg N Ry pt pf 4.09.. Bendix Aviation Bethlehem Steel Bethlehem Steel pf.. Bohn Alumn & Brass Borden Co (1.60) 4 Borg Warner Briggs Mfg Ce Briggs & Strat Bklyn Manhat Tran Bklyn Man Tr pf (6). Bklyn & Queens. ... Bklyn Unfon Gas (5). Brown Shoe (3). Brunswick-Balke. Bruns Term & Rwys. Bucyrus-Erije. Bucyrus-Erle cv p! Budd (EG) Mfg. . Budd (E G) Mfg pf. Budd Wheel. Bullard Co. Burrough A M(10¢c). Bush Terminal. Bush Term pf (7). Butte Copper & Zinc. Byers (A M) 5 6% 2 10% L 81 7% California Packing. . 2 Calumet & Hecla. 2 Campbell-Wyant Fy T4 Canada Dry G A (1). 7% Canadian Pacific 14 Cannon Mills (1) 3014 Case (J 1) Co 40%; Case (J1) pf 5t Caterpillar Tract 4' Celanese Corp. 1% Celotex Co. . 14 Cent Aguirre (135).. 52 Century Rib M pf(7). 5% Cerro de Pasco...... 1 Certain-teed Prod. 17% Chccker Cab Mfg. 24% Ches & Ohfo (2%) 14% Chesapeake Corp ( 114 Chi Great Western. . 3% Chi Great Westn pf. 1% Chi Mil St P & Pac 112 Chi Mil StP & Pac pf. 3 Chi & Northwestern. 4 Chi & Northwest pf.. Chi Pneumatic Tool.. Chi Rock I & Pac.... Chi R1& Pac 6% pf.. = Chi RI1& Pac 7% pf. Chickasha Cotton Oil Childs Company..... Chile Copper Chrysler Corp'n..... City Ice & Fuel (2).. City Ice&Fuel pf 6% . City Stores E Cluett-Peabody (1).. Coca-ColaCo (7).... Coca-Cola (A) (3)... Colgate-Palm-P (1) Collins & Afkman. Colo Fuel & Iron.... Colo & South 1st pf.. Coiumbia Gas (b1).. Columb Gas pt A(6). Columbia Pict vte. ... Columb Carbon (2).. Commercial Credit. . Comel Cred 1st(6%). Comel Cred pf B (2). Comel Inv Trust (2). Comcl Iny cv pf(e6). Comcl Solv (60¢).... Comwlth & Southn. . Comwlth & Sou pf(6) Congol-Nairn (60c).. Consol Cigar. Consol Cgr pi Consol Film. . Zonsol Film pf. : Consol GasN Y (4).. Consol Gas NY pt(5), Consol Laundries. Consol Oil Corp, 4 Consol Textile...... Container Corp (A). “ontainer Corp (B) Contl Baking (A).... Contl Baking (B). 4 ContlCan (2)...... Contl Insur (1.20)... Contl Motors Cont! Oil (Del). Corn Products (3 Corn Prod pf (7). Coty Inc. ...... Cream of Wht $2%.. Crown Cork & Seal... Crown C&S pf (2.70). Crown Zellerbach Crucible Steel. . Crucible Steel pf. 4 Cuha Co. Cuban-Am Sugar. “uban-Am Sugar pf. Cudahy Packing 2% . “urtis Publishing. .. Curtis Publishing pt. 1% Curtiss-Wright...... 201 19 1 80 . 4008 2 38 15 25 = 30 19 Yesterday's Sales Add 00. High. 0674 611y 64% T 14% 3 F§EOFS EFE FEFS FOFF —Prev. 1933~ High. Low. 61% 123 6 ) 20% 1% 1% % 18% 20% 251 31 107 9y 311y 6 ™ 3% 18% 27% 17% 40 Rig 2% 15 2874 23% 50 11 16 3% 8% 2 10 5% Yesterday 8al . Dividend Rate. Ad: 2% Curtiss-Wright (A). 4% Cutler Hammer. .... 1 Davison Chemical... 12 6% Deere & Copf (20c).. 1 37% Delaware & Hudson.. 79 17% Del Lack & Westn.., 188 54 Detroit Edison (6) 17% Diamond Match (1).. 12 Dome Mines (11.30)., 10% Doug Afreraft (75c). 6% Dresser M{g (A).... 2% Dresser(SR)Mfg(B) 31 Drug Inc (3). oo 32% Dupont de Nem (2).. 99% Dupont deN db pf(6) 99% Duquesne Lt 1st (5). 1% Eastern Roll Mills. .. 50's Eastman Kodak (3).. 120 Eastman Kod pf (6). 3% Eaton Mfg Co. .. . % Eitington-Schild 11% Elec Auto-L (1.20) 1 Electric Boat 1 Elec & Musical Instr. 3% Elec Pwr & Lt. .. 7 Elec Pwr&Lt §6 pf... 10 Elec Pwr&Lt $7pf. .. 21 Elec Storage Bat (2). 26 Endicott-Johnson(3) 107 Endicott-John pf (7) 4 Engineers Pub Sve. . 20% Eng Pub Sve pf (5)..x 4 ErieRR.... . 5 Erie R R 1st pt 3% Fairbanks-Morse % Fashion Park Asso 14 Federal Lt & Trac... 18 Fed Mines & Sm pf 1% Federal Mot Truck 1% Fed Water Service 12 Fidelity-Phoen 1.20. . 9% Firestona T & R (1).. 42 Firestone T&R pf(6) 43 First Nat Strs (213). 412 Foster-Wheeler. .... 2 Foundation C . 13% Fourth Nat Inv 1.10. 1% Fox Film (A) 12 Frankin Simo: A 16's Freeport-Texas (2).. 9 Fuller Co prpf.. 4 Fuller Co 2d pf €15 Gamewell Co.. 2% Gen Am Investors. .. 13% Gen Am Tank Car(1) Gen Asphalt. Gen Baking (2). Gen Baking pf (8) Gen Bronze Gen Cable. Gen Cable (A). Gen Cable pf.. Gen Cigar (4). Gen Cigar pt (1) Gen Electric (40¢) Gen Elec spec (60c) Gen Foods (2). Gen Gas & Elec (A).. Gen G&E cv pfA g6.. Gen Mills (3). i Gen Motors (1). Gen Motors pf (5)... Gen Printing Ink.... Gen Public Service. . Gen Ry Signal (1). Gen Realty & Util. .. Gen Refractorles. ... Gen Steel Casting pf. Gillette Saf Raz (1). Glllette Saf R ptf (5). Gimbel Bros. = Gimbel Bros pf. E Glidden Co. . “ee Glidden Co prpt (7). Gobel (Adolf). Gold Dust (1.20) Goodrich (B F) Goodrich (BF) pf... Goodyear Tire&Rub. Goodyr T&R pt (2).. Gotham Silk Hoslery Graham-Palge...... Granby Consol Grand Unfon. E Grand Union pf (3).. Grant (WT) (1).... Great Northern pf... Great Northern Ore.. Great West Sugar. .. Great Wn Sug pf(7). Grigsby Grunow. . Guantanamo Suga 2% Gulf Mobile&Nor 6% Gulf States Steel 1'y Hahn Dept Stores. 3 Hamilton Watch. ... Harbison & Walker. . Harbison&Walker pf 1 64 48 1 6914 - Hershey Choc (5) . Hershey Choc pf(t5) Holland Furnace. ... Hollander Sons Homestake Min (9).. Houdaille-Hersh(B). Houston Oil. ... . Houston Oil (new).. Howe Sound (40c). .. Hudson & Man (2%) Hudson Motor Car... Hupp Motors. . Illinois Central. Illinois Cent 11 (4) 6 Ind Motor Cycle pf 27% Industrial Rayon (2) 19% Ingersoll-Rand(1%). 12 Inland Steel.... . 2 Inspiration Copper.. 2% Insurshares (Del). .. 1% Insuranshares (Md). 4' Interboro Rap Trans. % Intercontl Rubber. 214 Interlake Iron. % Int Agriculture. 5 Int Agriculture pi 75% Int Bus Mach (6).... 2% Int Carriers Ltd 20c., 64 2% 104 31 Int Cement. . Int Combustion. ... Int Harvester (60¢) Int Harvester pf (7). Int Hydro-Elec (A).. Int Merchant Marine Int Nickel of Can. ... Int Nick Can pf (7).. Int Paper & Pwr (B). nt Paper & Pwr (C).. Int Paper & Pwr pf.. '% Int Rys Cent Am pf.. Int Salt (1%). . Int Shoe (2). Int Silver 4 Int Silver pf. Int Tele & Teleg..... Interstate Dept St. .. Island Creek Coal(2) 23 Jewel Tea Co (3) 12% Johns-Manville..... 35 Jones & Laugh pf(1) 6% Kansas City Southn., 12% Kan City Sou pf (2).. 2% Kaufmann Dept St 6% ayser (J) & Co. Keily Spring Tire. Kelly-SpT 6% pen.. Kelvinator Corp..... Kendall Co pf (6). Kennecott Copper. .. Kinney (G R) Co pf. Kresge (SS).... . 14% Kroger Grocery (1).. 2214 Lambert Co (4). 3% Lee Rubber & Tire 5% Leh Port Cement. ... 34 Len PortCmtpf 1% Lehigh Valley Coal.. 3 Lehigh Val Coal pf.. 8% Lehigh Valley RR.. 37% Lehman Corp (2.40). 14 Lehn & Fink (2)..... 4% Libbey Owens Glass. 49 Liggett & Myers(15) 49% Ligg & Myers B (15). 80 3% 1% 10% Liquid Carbonic. 11% Loew's, nc (1). 1% Loft Inc..... 19% Loose-Wiles Bis (2). 10% Lorillard (P) (1.20).. 15 Lou Gas&ElA (1X). 21% Louisville & 4 Ludlum Steel 13 McCall Corpn (2). 1 MecCrory Stores. 18% Mclntyre P M(t1%). 44% McKeesport T P (4). 1% McKesson & Robbins 3% McKesson & Rob pf.. 24% Macy (RH) &Co (2). 5% Magma Cepper(50c). % Mallison & Co. : % Manati Sugar pf.. 14 Manhattan Elev gtd. 6 Manhat Elev mod gtd 14 Maracaibo Oll Exp. .. 714 Marine Midld (80c).. 6 Marlin-Rock (1). .00 % Marmon Motor Car., 4% Marshall Field & Co., _ 469 2 1 3 2 208 3 8 19 . 680s 258 4 3 139 1208 35 10s 477 . 1008 69 54 41 9 2 508 5 1 15 44 1 4 4 6 1 2 45 70 8 1 208 1 18 1 18 1 3 21 b4 FERF FEXF FEFF 44144 T EEFEES | ++ P 234 SRR I I —_ o ECEPFFFST i L o o §E FFPES ° £ T4+ 4 4 - = S5 &S © » » » § FryEE>> Yenterday's —Prev. 1933— risedhy High. Low. Stock and Dividend Rate. 13% 9% May Dept Stores (1). 10% 8% Melville Shoe (1.20). 3% 2 Mengel Co. .. 9 7 Mesta Machine(60¢c).x 1% Miami Copper....... 3% Mid Continent Petm.. 3 Midland Steel Prod. 3% Missouri Pacific pf. 7 Mohawk Carpet. ... . 25° Monsanto Chem 1% . 8% Montgomery Ward. % Motor Meter G & El 3% Mullins Mfg 7 Mullins Mfg 1% Murray Corp. 11% Nash Motors (1). 1% Nat Acme Co. 31% Nat Biscuit (2. 5% Nat Distillers. . Nat Dist prpf (2%). Nat Lead (5) Nat Lead pf A (7). Nat Lead pf B (6) Nat Pwr & Lt (1) at Ry Mex 2d pf at Steel (50c). Nevada Con Copper N Y Central.... Y & Harlem (5) Y Investors. . N Y N H& Hartford. N YNH&Hartpf.. N Y Ont & Western.. N Y Shiph'ldg (10¢). N Y Shipbldg pf (7). Y Steam pf (6).... 90s randa Min (a1.10). 77 rfolk & West (8).. 9 orth Am Aviation.. 29 North Am (b8 % stk). 123 orth Am Ed pf (6). 5 orthern Pacifle..... 120 Norwalk Tire & Rul 1 4% Ohlo Of1 1% Oliver Farm Equip 3% Oliver FEqprpf A 1% Omnibus Corp. 10% Otis Elevator (6! Y Otis Steel. ... 21, Otis Steel pr pf. 311 Owens 11l Glass (2).. 221 Pacific Gas & Bl (2) . 28! Pacific Lighting (3). 6 PacificMills........ PnrlflgTel&T-l 6). 208 Pacifig T & T pf (6).. Packatd Motor Car Panhandle Pro&Ref.. Paramount Publix. Param’t-Publix ctf: Park Utah. . Paths Exchang: Patino Mines. Peerless Motor Car. Penick & Ford (1)... Penney (J C) (1.20). Penn Dixie Cement Penna RR (hi0c).... Peoples Gas Chi (5). Pere Marquette pr pf Petrol Corp of Am... Phelps Dodge. ...... Phila Co 6% (3). FPhila& Read C&I. Philip Morris&Co (1) Phillips Petroleum. . Phoenix Hosier: Pierce Ol1 Pierce Oil pf. Pierce Petroleum. ... Pillsbury Flour(60c) Pit Pitts Screw & Bolt. .. Pitts Steel pf. . Pitts Terminal Coal. Pitts United pf. Plymouth Ofl (1).... Poore & Co (B)...... Port Ric Am Tob(A). Postal Tel&Cable pf. Pressed Steel Car Proctor & Gam(1%). Proc & Gamb pf (3).. Public Sve N J(3.20). Public Sve NJ pf (5). Public Sve NJ pf (6). Pullman Corp (3) PureOil.... Pure Oil pf (2).. Purity Bakeri Radio Corp. Radio Corp pf (A). Radio Corp pf (B). Radio-Keith-Orph. Raybestos-Man (60c) Reading Rwy (1) Real Silk Hoslery Real Silk Hosiery Remington-Rand Rem Rand 1st pf. Reo Motor Car.... Republic Steel. Republic Steel pf. Revere Cop & Br pf.. Reynolds Metals(1). Reynolds Spring...... Reynolds Tob B (3).. Richfield Oil. 613 Ritter Dental..... 34 Rossia Ins of Amer.. 17% Royal Dutch 28 Safeway Stores (3) 7315 Safeway Strs pf (6). 6% St Joseph Lead. . K] 114 28 Scott Paper (1.40)... 211s Seaboard Afr Li 1 Seaboard Ol (t50¢c). Sears Roebuck. Second Nat Inv. 19 1 15 12% 1% e Sales Add 00. High. Low. Close. Chge. 17% §14 Mathieson Alk (1%). 6 18 Net. % 17T% 17% FEFE & FF FFE +4+4+4+++ 14 Rez I SRRt d] @ oa TEVE S5 sree AN B P FEFEST 3 b FELS EREEFET F EP Lt Cexs SrEs @ #8528 FESFIEE 5012 121 Yesterday's 1933 Stock and Sales w. Dividend Rate. Add 00. High. 21% Sharp & Doh pf (3).. 6% Shattuck(FG) (24c). 13 13% Shell Transport & Tr 100s 4 Shell Union Qil. . 21 4% Stmmons Co. . . 22 4% Simms Petrolm(25c) 8% Sloss-Sheff Steel pf. . 1% Snider Packing...... 6% Socony Vacuum 40c. 15% 8o Port Ric Sug 1.60. 19% Southern Cal Ed(2).. 11% Southern Pacific. ... 4% Southern Railw; . 5% Bouthern Railway pf % Sparks-Withington. . % Spear & Co......... . 13% Standard Brands (1). Stand Brands pf (7). 7Y% Stand Gas & Elec. . .. 14% Stand Gas&El pf (4). 19% Stand Ofl Calif (2).. 22% Stand OIIN J (1). 4 Starrett (LS).. % Sterling Secur (A).. 1% Sterling Secur pf. 2% 3.ewart Warner 19% Studebaker pf. 92 Sun Ofl pf (6). 7% Superheater (50¢c) % Superior Ol 2 Superior Steel % Symington (A) K3 9 Tex Pacific Coal&Oil. Tex Pacific Land Tr. Thatcher Mfg Co. Thermoid Co. . Third Avenue. . Third Nat Inv (90¢). Thompson (J R) (1). ‘Thompson Products. Thompson Starrett. . Thompson-Staret pf . Tide Water Asso Ofl. Tide Wat Oil pt (5).. Timken-Detroit Axle Timken Roller Bg(1) Transamerica Corp. Tri-Contl Corp. Trico Products Truax Traer Coa Truscon Steel. . Union Carb & C (1). Un Ofl of Calif (1). Union Pacific (§). Un Tank Car (1.40). Unit Aireraft....... Unit Afreraft pf (3). Unit Biscuit (2) Unit Carbon. Unit Corp (40c). Unit Corp pt (3) Unit Electric Coal Unit Fruit (2) Unit Gas&Im (1.20) . Unit Gas&Im pf (5) . U S Distributing pf. U S & Forn Secur. S & Forn Sec pf. S Freight. .. S Gypsum (1) Hoftman. . Ind Aleohol. Leather. Leather Pipe&Fdy (50c). SRealty & Ingp.. ... U 8 Rubber. ........ U S Rubber 1st pf. .. U S Smtg & Ref (1) U S Steel. . U S Steel p! . U S Tobacco (4.40).. United Stores (A) Univ Leaf Tob (2) Univ Pipe & Rad Util Pwr & Lt (A) s s s s s U v v U U u U v v Van Raalte 1st pf. 3% Va-Car Chem 6% pf. 40 Va-Car Chem 7% pf. 1 77 a Elec&Pw pf (6).. 508 12% Vulcan Detinning... 650s 1 Ward Baking (B). vard Baking pf (1).. Warn Bros Pictures. Warren Bros. .. Wesson O & Sn (50¢) Wesson O&Sn pf (4). West Pa Elec A (7).. West Pa Elec pf (6). 10s FINANCIAL, STOCKS IRREGULAR - ASIMARKET CLOSES Profit Taking Holds List Within Narrow Limits. Trading Active. BY GEORGE T. HUGHES. Bpecial Dispatch to The Star. NEW YORK, March 16.—Although volume of trading increased in today's '2;- | market, stocks were unable as a whole w | o do much more than hold yesterday's - 15 gains, = ™| During the session new highs on the ~ | movement were recorded in many in- 2, |dividual issues, but there was enough = ¥ realizing, especially in the last hour, to E: ‘: | bring prices down for an irregular close. | That the reaction was so slight was 1*| the point stressed in comment among " a| traders. For a market to hold even the *» | major part of so spectacular an advance as that of Wednesday was a notable | achievement. Volume ran well over i 3,000,000 shares today, but the bulk of | 1t was crowded into a few hours -1 -3 +1 +1 * k\ Speculative attention was diverted + 1 | from stocks to bonds and to commodi- % ties. All the grains traced in on the % | Chicago Board of Trade advanced the 1% limit “allowed under the restrictions. * | Wheat went up 5 cents a bushel for all | deliveries and then trading jammed. - % | At that point all were buyers and there | were no sellers. ~ | Cotton was strong all day. At one 4% | time early in the session the gains ap- - % | proximated $5 a bale, but that was ;not held. In the late afternoon prices sl were up something like 50 to 60 points. ‘u There was active speculation for the T4 rise in sugar, silk, silver and rubber. <8 | The money tension eased. Call funds \| renewed at 5 per cent and dropped to | 4 per cent in the last hour. Foreign exchanges were irregular. Sterling at $3.47 was up 1% points, but all the European gold currencies were lower. | A Stock Exchange seat sold for $105,000, up $5,000 from the last previous sale. 1 | ,, Stocks that gave the best account of | themselves up until the end included % the tobacco shares and the alcchol % | issues. - ta| Trading in the first hour was at a Y2 | feverish pace. The turnover in the “1% | first 30 minutes amounted to 860.000 s | shares, which was the heaviest since September 8, 1932, when 900,000 shares <1 |were sold in that time. The tape fell ~ %|behind 6, 7 and 8 minutes, when the 'n rush was at its height. 3| The outside overnight orders were 12/ on the buying side by a large majority 2/and the opening was substantiaily '» | higher. There were none of the spec- ~ 1% | tacular advances witnessed the day be- = 'a|fore, but that was not to bg expected. —."!In the judgment of most traders stocks “1la|did well to hold their ground. New I*| highs were scattered liberally all over ’¢| the list. but few of them amounted to *| more than a point or so. " Among the larger initial gains was 14| one of 21, points in J. I. Case, on 3,000 « | shares, and among stocks traded in + ™| heaviest volume were General Electric, | du Pont, Montgomery Ward, General 4| Motors, ~ Consolidated ~ Gas, Allied - ! | Chemical, Pennsylvania, United States 4| Steel common, United Aircraft, New i»| York Central. United Corporation and U's| American Telephone. In all of these blocks running from 2000 to 5000 * | shares changed hands on the first sales. ot 13, Market Averages By the Assoclated Press. STOCKS. 50 20 20 Inaus. Rails. Util. To! Yesterday ... 9.1 Previous day. 4 Week Yesterday ... Previous day Western Dairy (A). . Western Dairy (B).. ‘Western Maryland. . Western Union. .. Westing’se Air B(1). 1 14 22 191 9 3252 Weston Wilcox Wilcox Wilson Wilson Wilson 25% 8 344 81y 2% Yellow 23% 18 Yellow 6% 10:30 A.M. 3 ble in lus m Paid last year—no regular rate. le in scrip. Westinghouse Elec. . Westinghse 1st (33%) 20s Dividend rates as given 1 ivid tes aa n the above table are the a 216 Elec Instru. . Waestvaco Chiorine. . White Rock M S (2). White Sewing Mach. White Sew Mch pt Oil & Ga: Rich A (2%). ¢ Willys-Overland.... &Co.... &Co (A).... & Copt. Woolworth (2.40) Worthington Pump. Wrigley (Wm) (3).. 7 Yale & Towne (60c) 250s Truck. 29 Truck p 4% Young Spring & W. 714 Youngstown Sh&Tn. 5% 3% Zonite Products. . Sales of Stocks on New York Exchange. 860,000 12:00 Noon. 2:10 P.ML.. ..1,970,000 « 2,900,000 nual cash e latest quarterly or half-yearly declarations. less than 100 shares. ' 1 Partly extra. 3 Plus d_this year—no regular rate. cash or stock. {Plus 8% in stock. lus $! ai preferred stock. k Plus 3% in nPlus 5% in stock. in_speci Washington Produce WHOLESALE PRICES. Butter—One-pound prints (93 score), 22; tub, 321; one-pound prints (92 score), 21; tub, 20; one-pound prints (91 score), 20; tub, 19; one-pound prints (90 score), 19; tub, 1 Eggs—Hennery white, 11a12; current receipts, 10all; Government graded, extras, 17%; standards, 16; mediums, 15%%. . Poultry. alive—Turkeys, hens, young, 16a20; oid, 12al4; toms, 13al4; old, 8a10; chickens, hens, 13a15; Leghorn hens, 9all; Winter chickens, stags, 8al0; roosters, 6a7; Rocks, broilers, 20a22; fi A roasters, 17a19; mixed colored ens, 14a16; keats, young, 25a40; ol 15a20; capons, 7 to 9 pounds, 18; 5 t0 6 horn hens, 12a13; Winter chickens, 11a13; roasters, 9al0; pork loins, 12%; fresh 3 smoked hunl';dla; strip bacon, 13; lard, .7584.10; . 2.7583.75; roughs, 1.50a2.75; calves, 2&6.50; lambs, 3.0026.00. Fruits—Apples, fancy box stock, 1.75a . ;r‘l‘lv .75, plums, 3.50; a] cots, 3.25; nectarines, 3.50; 40a50; oranges, 2.50a3. 1.75; Idaho bakers, 1.75; sweets, 65a75; tomatoes, repacks, 3-pan crates, 1.25; lugs, 1.0022.00; broccoli, 3.00; turnips, 40a50; parsnips, 85a1.00; string beans, 2.0082.25; peas, 2.75a3.00; lima beans, NEW YORK EGG PRICES NEW YORK, March 16 (Special).— Quotations for eggs in the wholesale cash market today were: Mixed colors—Special packs, 15a16; standards, 14,a14%; storage packed firsts, 14al14Y,; firsts, 131%a13%; sec- onds, 13; megium, 13; dirties, 1 13; checks, 11all3,. Whltn—)ln:&; selected, 18%5819%; Western s specials, 17a17%;; standards, 16; = grades, 15a15%. earby and ‘Western special packs, 15al17; stand- ards, 14al4%. NEW YORK BANK STOCKS NEW YORK, March 16 (#).—Over- the-counter market: Chase (2) ... . Commercial (8) G e 1 National City (1) Public (2) ...... 2533 Siam 323 ISR R F vy S3e8: U. 8. TREASURY BALANCE. By the Associated Press. Treasury receipts for March 14 were $85,265,248.73; expenditures, $17,906,- ?gm-. a“allll;tl.l:l:‘&529.‘fllijl. Cus- es for of Marcl $3,442,375.73. i ey Many houses in Dunfermline, Scot- land, are being wrecked by the sinking of the ground, believed to be caused by the ice of old coal mines. Fire Insurance is not enough . . . why not let ‘our representative check up your fire insur- ance against your present property values? Let him explain also how your fire insurance policy, may be endorsed to protect you against loss by Smudge Damage caused by oil burners and other related hazards. It will cost you nothing- for this service and it may indicate how you may forestall a possi- ble loss. INSURANCE DEPARTMENT H. L. Rust Com 1001 Fifteenth Street © avgananrasnns Bganas 5 s (Copyright, 193: FOR SALE 'ST NOTES yielding 6%. cured jern residences. For sale at 97': with acerued interest. Address BOX 500-K, Star Office. | INVESTMENT SUGGESTIONS | UPON REQUEST | Ferris, Woodroof & Lewis, Inc. Investment Securities | Washineto i K ilding NAt. 5925-8 Guaranteeing The Trade Mark Satisfaction. For Improved Office Systems Consult With STOCKETT FiISK (= First Mortgages FOR SALE *6Y% Interest JAMES F. SHEA 643 Indiana Ave. N.W. MEMBERS: New York and Washington Stock Exchanges Statistical information, regard- || ing securities, furnished to in- | vestors, institutions and trustees. Inquiries in person. or by correspondence, invited. 719 Fifteenth Street MEtropolitan 3116 WASHINGTON 'WILKES-BARRE