Evening Star Newspaper, April 20, 1933, Page 15

COVERNWENT BOND HCLINE RESUMES Dffigr High-Grade Securities > ower—Junior Rails i Advance. iY CHARLES F. SPEARE. #5¥ia1 Dispatch to The Star. NEW YORK, April 20.—Spectacular | movements continued today in the mar-, ket for bonds. The market was entirely 1ifiéét” the influence of developments in | connection with official announcement | that this country temporarily had gone offsthe gold standard. It provoked wide ‘Movements of a contrary charac- ter'in different groups of bonds, bring- ing those that had been regarded as the Mighest quality down abruptly littfig the intrinsically less valuable speculative issues by as much as 3 to 8’ points. ncactions were on a broad scale. They represented on the one hand il ation of U. S. Government loans | and 'high grade railroad and public wtility bonds, and on the other feverish ptiréhases of junior rails that had been approdching default, as well as public utility debentures and mortgage issues ‘whose “position for months has been & préoarious one. “ Anether phase of the market was the shdrp-rise in many foreign loans pay- able~in dollars. Conspicuous were the German government and corporation loans.and those of Argentina and the sevesal South American countries whose ‘external issues are now in de- fault.: e break in United States Treasury toans was again severe. The 3%s dropped early to par, representing an overnight loss of a point. Treasury ! 45 were down 3, selling around 102. rty 4148 declined 12 point.and were nearly 2 points under Jast Saturday's high price. There was extensive selling of all these issues by both-individuals and institutions. One of the problems facing the Government is.that of obtaining new loans for its promotion propects at a time of great umsestiement in its obligations. High grade rails like Union Pacific 4s..8nd Atchison 4s dropped to the Jow prices of the year. So did prime public. utilities such as Consolidated G Sl:s and American Telephone & Telegraph 5!s. the one going under per.gud the other to about par for the first time this year. There were simpar declines in bonds of relative | rank-in the curb market. e . Speculative issues had extraordinary | advances. For instance, International ‘Telephone & Telegraph 4':s were up about_5 points, and like American & Fi Power 5s, which rose 3 points, have gained 10 points in the last two sessions Western Union 5s and Postal FINANCIAL, | Bolivia 7s'69. ON NEW BOND UNITED STATES. (Sales are in $1.000.) High. Low. Lib 3148 32-47 1009 100 Lib 1st 48 32- 101 101 Lib 1sté¥%s . 10124 10115 10122 Lib4th 4%s 1022 10120 10130 9416 9324 946 9528 964 9929 9911 1003 9918 100 20 102 22 Gelsenk'hen §s ‘34, Gen Baking 6% 540 Gen Cable 5%8°47. Gen P Sv 53 Ger Cent Bk 29 99 28 100 16 101 30 10212 Y STOCK EXCHAN Received by Private Wire Direct to The Star Offics. 0 Abitibi P&P 5s'53. 11 12% Grand Trunk 18 99% 39% 991 Ab& St5Ys 43 1B 84 84 | GUBritaT 85137 380 100% 104 104% Alleghany 68°44.. 56 33% 304 314 IGrtNor4ssD'76. 14 38% 87% 38 Alleghany 5s°'49. 15 25 24% 2: GrtNor4%sE'77. 33 38 37% 38 Alleghany 58°50... 69 9% 8% Grt Nor 55 C'73 5 0% 40% 40% Allis-Chalm 58'37. 4 o Am F P 58 2030, .. .267 50% 51 e e 16% 164 Am In! Am Metal 538 °3¢. % 5% Am Sm&Ref b 31 81 Am T&T ¢%3 45 4en Am T&T ¢ tr bs T4% . T4% Am T&T deb 5s '60. 102 102 Am T&T deb 55 °65. 34 K % Am T&T5%a'43.. 46 102 102 ,5 :s 43 % 3 Am Wr Pap 6347.. 1 " gl Argentine 54862, 1 .8 300 39% Argent 6s°61 May. 26 52 51 52 JIICCRILANGSA.. 6 44% 431 44y Argentine 65’9 Ju 7 B51% 51 51% |11l Steel db 43 9 96 954 96 Argentine6s'590c 6 52% 51 624|InlandSt4}sAT8 1 73 73% 13% Argentine6sA'57. 8 52 51 52 |InlandSte3sB'S1. 7 73% 71% 73. Argentine 68, '8 51 51 61 |Int RapTrrf 6 48 B6% 65 b5 Arm&Co4%n'39. 6 0% 79% 7T9%|IntRapTr1s'ss.. 5 60} 60% 60 Arm Del5%s 43... 26 756 74 78 | Int Cement 7 68 6l% 624 Assoc Ofl 65 '35 1 102% 102% 102% { Int & Gt Nor 1 28% 28% 234 Atchison adj 4 179 79 79 |Int&GNajs 10 5% 5% 5 Atchison gn 48’95, 97 84 82% 84 |Int Hydro Kl 22 34 32 . 33y Atchison 4%s’48.. 17 80 80 80 | Int Mer Mar 6 32 31 82 AtICL 1st 48’5 1°66 66 66 |IntPapref b 3 48 43 43 Atl C L col 48 6. 4 2 13 AtICLun4% 6 1 Atl Guif&WI58'69. 1 3 Atl Ref db 6s°37... 12 Australia 4%8°66.. 7 % | Japanese 514 °65 Japanese 635 ‘A4 Jugosl Bnk 78 '57 B&O1stds'43. B&O4%4s'33 B&O 43260 2 B&O 1st 63’4 1 B&Oref5s'95. ... 12 B&Orf b € B&Ort 1 3&0Swdv 3 Ban & Aroos 4851, 20 S % ww Kresge Found $s'36 Lack St18s A '50... 8 Bs '3 s D "60. Batav Pet 43842 (] 95% Belgium 68 ‘55 90 "6 Bell Tel Pa bs . Bell Tel Pa 5s C'60. Berlin Cy El s 55. Berlin 6133 '50 Berlin CEl 614851, 20 40l 40! 40 | Lig & Myers Berlin CEl 613859, 6 40, 39% 40 41 Beth Stl pm 32 8l T 81 |[Long Islrf4s Beth Stl rf 53 28 8 80 80 | Lorillard §s'51 Bolivia 7s'58. 33 5 “ 5 Telegraph 5s were both up 2 points. | pojivia 85’4 2 Great Northern 7s_rose, over 3 points. | porieauy 65 LA N %00 2008, and Chesapeake Corpofation 5s more, po'& e _ et than 2 points, while advances of 0 | : Me 5 X - 27 Holnts occtirred in Chicago & North- | Bos & Me s 83 N S T MeKes & R5% western, Rock Island, Erie, Missouri Pa- | g/t e Sag 57" 14 221a 214 21% Manhat Ry cn 41 oifie: New York Central, Southern Rail: | prazy 643 29727 18 Sou E Market St 78 A 40, &) ind Bouthern Pacific Junior Loans, | Brash $¥821.87. & 2% 21N (200 {Marsetllehias.... i drial Tt Mesiton-fand | SSUCRIsTL... 80 20 154 S| Mex Ssast 191095, S43s were up 2 points, United States | Diton b aa'a - 1 23w 23W 231 Midvale St 53°36 S e D R e ana Younge: | BKIYN EdSsA 9. 12 102 102 102 ) Mitan 6%a 52 ifbver 48 gansc S D 4 Bklyn Elev6l4s... 34 40 39 40 |afIE Ry&L35s’s1. town Sheet & Tube 5s rose a point. | piiyn Man 6sA ‘68 12 87% 961 86% | Mil E Ry&L 5871, - Bklyn UnGas '5 Zvo. 2 lg: lgl 104 MSP&SSM cn 43 '38 Bklyn Un Gas 58’ 6 15 95' 96 | MSP&SSM en 5& 3 Bkiyn UnGas 58’57, 20 101 98% 99 an Washington Produce| | z:n cae g1 s % | Marasy ety BR&Pitts 4%8°57 21 37% 36 37%| MK & T 15t 4590, == Bush Tercon0s75. 12 100 10 104 MK&T 4its'18 WHOLESALE PRICES. Bush T Bldg 55'60. 1 2 Butter—One-pound prints (93 score), 24 tub, 23; one-pound prints (92| C: 1 score). 23: tub, 22; one-pound prints | CAnaCa SR ER. . .. = (91 score). 22; tub, 21; one-pound | Can Nat Ry 413854 9 L5 rints <90) score, 2L; tub, 20 Can Nat Ry 4148'56. 16 pfll:f‘g':s—flenhn: 124121, current re- |Can NatRy 4%s's7 .7 86 86% 861 | Mo Pac5¥sA s ceipts, 11%:. Government graded, ex- |Can NatRy 435’68 15 863 85y 857 Jont Pow Bsdd tras- "18; standards, 16, mediums, CanNatRy4%as'58 5 88 88 88 Montevideo 6s "59. . 15, Can Nat5s'69July 19 914 904 90 sau Elec 45 '51. Poultry, alive—Turkeys, hens. 15;|CanNat§s'690ct. 5 91l 91 914 Nat Datry b} s'48. old,.. 12a14: toms. © " chickens, | Can Nat Ry 58'70.. 1 91k 91k 911 | Nat Steel 63°56 hens. 12a13; Legorn hens, = 9al0 r;;,“‘l:“. ot S4u 80 94w |NEnsT st 61 fookters, 6a7: Plymouth Rocks, broilers r % " 15a25';: Leghorn. broilers, 19a21 rgeb78°40. 19 99 985 fryers *17a19; roasters, 17a19; mixed |CanPacdebds... 22 36 53 56| NOT & Mol colored chickens, 14al6; keats, young, | Can Pac4lzs 2 Nw ales b’ 29a40- old, 15820; capons, 25; slips, 18, | Can Pac 4358760, .. 10 60% 59 603 | Nw S Wales 55'8 “Poultry, dressed—Turkeys, hens. 18:| Can Pac&s 5 66% 66% 66| N Y Cent3s 97 fems, 13; chickens, hens, 15a16;|CarClin&O 7 80 80 80 |NYCentdbdés3é horn hens, 13; roasters, 9al10: | Car Clin& O 6; 1 783 73 73 N YCentds'ss nouth Rocks, broilers, 18a28; Leg-|CentGacnds’4s... ¢ 11% 11% 1IS|N Y Crf44s2013. horn. broilers, 22a24; fryers, 20a21; |Cent Il E&G 58’51 2 51% 514 Bl |NYCrf4in2013n Foakters, 20a22; mixed colored chickens, [ Cent Pac 1st45°43. 24 661 63'a 66% | N Y Crf5s2013... 17a19; keats, young, 28a43; old, 18a23; | Cent Pac5s 60.... 17 50 49 50 |N Y Cent db és’35 capons, 28: slips, 21. Cert-tadb514s'43. 23 35 3¢ 34 |NYC&StL 4%s"7 - Meats—Beef, 11%;; veal. 11; lamb, 13; | Ches Cofp 55 .22 71 69% 69%| NYCAStLSKEA'TY. Spring lamb, 15; pork loins, 11; fresh | C& O gen 4% 5 88% 87% 88 |N Y EdisonSaBdd Bfue. 12: smoked hams, 13; strip bacon, | C& O 4%4s B*95... 8 80 79 804 |NY Edison 5s C's1, 13; lard. 7: compound, 6!5. C & O con 5s 3! 11 101% 100%- 1008 | N Y Ed rf 6348’41, . Live stock—Hogs, light, 3.50; medium, | C B & Q &n 4 V72779 18 78 |N.YEL H&P 4x'49. heavy 3.5a3.75; pigs, | CB&QIII31:s’49.. 4 82 80 . 82 | NY EL H&P5s 4 roughs, 1.5083.00; calves | CB&Q Il 4s5°49.... 10 89 89 89 |NYNH&H4s 3.0025.50; Spring lambs, 5.00a7.00. Chi& EstIlls3l. 2 4% 4k 4 |NY NH&H 4 Fruits—Grapes, Argentina, 3.00a5.00; | Chi Grt \;eu :l'ss. ’i f.? fi: ::u I::”\“gil\‘vl::: cautal , Mexico, 5.50; strawberries, | C M & StP gn 4s'89. s ue.:.ut;’omurang:cs, 2508325 lemons, | Chi M & StP41%8C 3 4¢ 42 42 [N YSteambs's 400a8:00: grapefruit, 1756250 limes, | Chi M&StP 438 B 7 44 4314 44 |N ¥ Tel gen 4348780 er 100, 2.00; bananas, 150a3.00; apples, | C M&StR/4% 89... 3 48 47% 48 |NT WAB 4}s 4 fancy -box stocks, 1.25a2.50; honeydews, CM su;&l; . ;: l:“ l;‘a 12;: ::'amsz‘l::i:;/.- 50. a2.25; , 5.00; rhubarb, | CM&StP ad o N JEreen LISy mes. h0. alligator | pears. | Ch1& N gn 33 1 385 38 38% | NY O&W gn 4’55, dozen - bunc g D s 3 50a4.5¢ pears, box, 3.00; cran-|Chi& NW gn 4 87. 1 41 41 a1 N r& Wnen 4s '9.. 3 — Potatoes, Maine, 125; | Chi&NW 412sC'37. 4| North Am Co 55761, Ne‘gz;{:rtil.esl.wl:,oflofldl. new, barrels, | Chi & NW 43,8 '49. 60 10 9% 9% h'orAmE“&n ,fl- Saa7e.” Tdaho bakers, 1.75a2.00; | Chi&XWrf5e2037 5 18% 18 18 | Nor Am Ed 5a Cl6. R %ioate:; Cabbage, mew, T08100; |ChiRIGPgnés38. 1 63 &5 §8 |Nor GerLid Gein. urnips, 75; parsnips, 1.25a1.50; celery, | Chi RI&Prfds'34. 31 23 2L, 22% Nor Pac gn 33 2047 i5; lettuce, Iceberg, 4.00a4.50 = R": Asws1 B e Fiortda, 1.50a2.00. string beans, 100a | Chi R14: 350i0.dimas, 3.0023.25; eggplant, 1.50a | CTH&SE 1st ; fi* :3* fi% 09: ~tomatoes, repacks, 3-pan, 1.50a | CTH&SEIn 5s BT } Migs, 200a2.50; caultfower, 160a | Chi Un Sta 4345/ 10 a2 , Crates. 125a140; " beets, [ IRSIREL TS € 100 108w 109 1.40; okra, pan. 75; aspara- n 1%5'63. £ gus. 1.30a2. A pinach, '60: kale, 25330; | C& W Indcnds's2. 7 63 62 62 Spring onions, per 100 bunches, 1.00: | C& W Ind3as62. - 4 76 70, 704 ooTaeh: “1.00a2.00: salsify, per dogen | Childsdebs’d3... 16 35 32 33 OhioPS7is bunches, 60; cucumbers, bushel, 3.00a | Chile 6560 11 ‘6% 6 64|OreshLbsgt 00; “hothouse, 2-dozen boxes, 2.00a | Chile 6s'61. 1 7 6% . 6% Orez-Wash 4s'61 3507 Peas, 1.75a2.00. Chie 6s'61Jan.... 9 6% 6 - 6% Qrient Dev#s’Ss.. e Collegs S18epts.. & £ & ¢ |OwensIGIEass. 4 Chile 6s ‘62 < i 13 Pac G&E 58’43 Washington Stock Exchange| chilsse'ss i ant SALES. Chile CopdbGa 47, 31 40 3¢ 38 |PacT&TrLEs'Sh - C. 4P Tel. of Va_ 5s—$1000 at 103, Chile Mtz Bk 6s'61 5 7% 6% 7% A0 C e ey _$1,000 at 103, $1000 at 13, $1.000 at| Chi Mte Bk 05%;0;; oS % ’Zu DT ub S % w50 =163,-31,000 at 103. Cin Un Trm 58 ] "vuhfcl-‘;ogs '58—$1,000 at 8115 Clev Term 4143 3008 8 AL ;::;;‘gxficr H Clev Term 5s . 3 ] i AFTER CALL. : Colomb 65°61 Jan. 10 24 23° 24 |Penne%s Dl - Gupital Traction 55—$1.000 at 40, $1,000 | Colomb 65°61Oct... 5 243 23% 24- | B0 S0 0. 1 af: 401, $1,000 at 40';. Colon Oil 6s ‘38, 2 35 35 35 |BennED OBt Wkl Gas 65 B_$100 at 104. ) Col g“,f;"'gz by 7 715 69 69 )Fennikaln 0. as‘Gas 55 '58—$1,000 at 82. Col Gas s ;n?_zmhnler Linotype—10 at 24, 10 «at=241,. 10 at 2413 "Bid and Asked Prices. o Copenbag 438 13- 3 Pere M 15t 6556 PUBLIC UTILITY. | . | Copenhag5s'sz... 3 651 63% 63% | Dot ey > erdTel & Tel 4'us '39.. 100% ..... gug:sfi*l;;‘si lg :z% g% %% P:;:‘!.u‘ c Tel. ctl. tr. 1oz il | Cul st 2 = Anut’wl‘lu&k Pot. R. R. Cuba Nor 5%8°43.. 18 16% 16 16is | Ehila Co b8 '67. & Pot. Guar. 55 1 Phila Elec 48°71... T 103% | DelHud ref 4s°43. 2 69 69 69 |Phila& Read 6s'¢9 3 43| Denmark 4%45°62.. 4 65% 65% 65% | Philipp'ne R 48'37. 1091, 108 | Denmark 5%8'55.. 26 76% 74 75% | phillip et 5%8°39 3% ... | Denmark 6s'42.... 12 83 81 83 |plgbFMSs43... : Tooes Denver GasSs51.. 2 90 90 90 )pg wv4iscCe0 D& RGren4s’36. 26 31° '29% 30% ( poland 6s '40. Wash. Gas 6s. s . D&RGr4%s's6.. 4 32 31 32 |polandfs’s P Hwr v e 4 D&RG Wo8'55.. 3 11% 10 10% | pgrt Gn El14% MIBCELLANEODS. D&RG W 5 5 16 16 16 | Pporto Alegre 85'6 rber & Rors, Inc.. filas Det Ed 4%s D 3 81 80% B0%|Por RAmT 68"42 omisa Cougtry Ghub 678 Det Edison 5 . 3 85 84% 85 |posTel&C c r Mig Os. Det Edisonrf 68'49° 2 86 86 86 | pressStiCer a, M. Cold Storage bs.. Dodge Bros 68 “01” 1; 78 = » 'OCKS. Duguesne4}%sA’67. 10 99% 2 SEOCES Duquesne4%sB's7. .8 99 3 T utcl st 16847, W S ".‘t‘.“u‘.‘i'i‘.‘flé‘xo o Dutch East16s'68. 7 103 102 103 |Queensiand 7a'e1.. & W. Stei at. . . 3 Y. Power 4°; bl Bast C Sug 71;5'37. 4 sh. Ry. & El_com, (7). ... 10 sh. Rwy. & Elee. pfd. (5) d MISCELLANEOUS. S Fiat deb s 8 Finland 6%s 1 Finland 78 '5 1 Pia E Coast 58°74.. 2. 1 95 RioDeJan ext $»'4¢ FrenchGv 7s'4s... 11 121 120 .121 - RGrdoSul &s 68.. ! French Gv 7% w41, 30 125 123% 125 ~“RGrdoSulSs™e, v T / » - Rwab e Cuw~ anwS~amuea 1 o 110 110 110 21 25% 25 254 98 96 96% 11 67 65 654 8103 102t 108 67 310 29, 30 6 35% 35 35 3 62 62 €2 5 102 102% 102k B0 215 21 2y 5 84 84 B84 18 864 B84 Bau 11 64 634 64 B 63 62 62 2 30 29 30 117 47, A9 8 20% 291, 295 T 43% 428 425 3 69% 6915 691 1 57 87 67 3 37y 8 26% 27 26 28 .26% 5 4 .5 2 68% 68 .68 1 4% 4% 14% 4 53 53 B3 5 20 64 64 64 1 58 58 58 27 40 39 39y 85 40% 39, 39y 92 44 426 42y 10 51 48% 51 65 14% 14 1445 42 17 17 1Th 34 1037 101% 101% 13 103 102 102 9 110 108% 108% 11 98 97 97w 3102 101% 101% 1 45 45 45 2 3 3 35 159 5 59 8 5Bis 54w Bdw 4 9 90 90 73 100ts 99% 99% 21 35% 34% 36 5 57 57 57 5102 100% 102 4 48 48 48 35 89 87 89 16 94% 941 94% 38 62 60 6l 1 62 62 62 4 57 57 67 15 344 2 48 48 | 48 24 16 1 3 3 36% 10 4% 32 4% 31 18 43 4 21 - 21 40 1% 72 1 98" 98% 9" 1. 31 54 55% 551 56 48 48% 15 16 2614 < 28 38% 38 , | cents abroad, up 13 cent. » i NEW YORK, April 20 (®).— *| stL 1M R&G THE EVENING STAR. WASHINGTON, Grain Market B7 the Assoclated Press. CHICAGO, April 20.—Big new up- turns in in prices today promptly followed official notice that the United States had abandoned the gold stand- ard. Wheat jumped 5% cents a bushel at the opening, and corn, 3% cents. Opening 2%-5% cents up, wheat h:.:r’ :uc;uud widely. -Corn l'}II'M 15-3% advanced, and subsequently Te- ceded somewhat. w Excited buying of huge proportions swept all grain to above any prices heretofore reached this season, and in some cases outdid price records as far back as 1931. Provisions as well as grains advanced sensationally, with lard up 85 cents & hundred Reposts from Washington that President Roose- Douglas to ob- for an Jinflationary rremn acted as a fresh buying stimu- jus and served to rally wheat about a cent a bushel after an extreme setback of 3% cents from initial top quotations. Enormous selling to realize profits was the chief reason that traders as- signed for wheat price downturns which partly wiped out advances. Beneficial rains in Winter crop reglons West and | Southwest were also & factor, although | Nebraska. in | cedented condition resulting from the sudden expansion of business was that the Board of Trade Clearig House and S eu?mmnn houses remained open night. Oorn, oats and other cereals were un- usually active, :ctlmm for the most part ‘wheat g rose briskly with grain and displayed the greatest trade volume in months. New York Cotton Specisl Dispatch to The r. | NEW YORK, April 20.—Cotton prices advanced sharply today, with mm]n n uotations were: May 7.50, up .70, up 43; October 7.90. up ; December 8.10, up 44; January 8.24, up 52; March 8.35, up 49. Commodity markets generally were higher. Raw sugar futures opened off 1 point to up 2 points. Rubber opened up 14 to 74 points. Copper sold at 6 t. DIVIDENDS ANNOUNCED Reduced. > Pe- Pay- Hidrs of Rate_riod. able record, . % 8 Juneis June § .. May 18 Apr.27 Apr. 30 Apr. 12 June'1 May 16 Resumed. | Safety Or Ht & Lig..$1 . | Regular. Am Am | Bouriois In e T T Concord Gas Co Bf %115 Conn Ry & Lt . $1.11 1 Do . 8 Dow’ Ehemical Eimira"d Wiilism: Rallroad ... Pidelity Fd_Tnc A.. | Hale Bros Stores | Hormel (G A) o Ingersoil-Rand Co.3 | Muer Baseries Iné | New-Process 0o .. Noyes (Chas'P) Go | owens B Ginss' 0o, 38 s 52003 Do Bt oo 8150 Prigceion Waier Co | Public’ Service Oorp of N J 60 pl.-.80c | ©_8_Banking_Corp Book Co : Re-Insurance . May 15 July 11 EZ 0 00O 000 PDOO® OOOOD. O 3 St L&SF 48 A ‘50 StL&SF4l%s'18. 12w 12 124 | SILSF4%e78ctst 11 1215 12 123/ | StL&SF5sB'60.. 4 131 13 184 StLSWist4s'89. 11 53 49 49 SanA&AP4s’43. 1 58 58 58 Sao Paulo 78'40... 15 56% 55 56% Sao Paulo8s'50... 1 14% 14% L% Saxon P W 6%a'61. 2 40ha 40 4034 Saxon 78°45. .16 43 42% 43 SeabALrf4s's9.. 3 3 3 3 [{SeabAL6sA'45.. 46 4 3% 4 Serbs-Cr-817s'62.. 8 14 183% 14 Snell UOII58°47.. 25 78 724 73 Shell UOGs*49ww 13 72 71, 72 Shinyetsu 6%8°652. 2 42 142 42 Silesia Prov7s's8. 5 4215 42 424 8int O11 6%4s B '38. SincOll 78 A '37... SincPL 43 Skelly O11 5%s Solssons 6s ‘36 Solvay Am 5s* Sou Bell T&T B Sou Pac col 4s 49 Sou Pac rf 4555 63 6415 Sou Pac 43568 5 39 40y SouP4%s'6S ww. 12 40% 381 40% 1... 31 39% 38% 39 7 15 55 5% 547 Sou Ry gn4sA’56.. 43 25 23 25 94 . 4 60 59 60 .19 28 26% 27% y 56.... 21 29% 27% 29 SouRy M&EO 4¥38. 5 24 23, 24 SW Bell T 55 A '54. 21 1024 100 100 31 10113 100 100% 1292 90 90 Studebaker 6s°42.. 7 2813 28 284 Sweden5%8°54... 7 91, 91 91 Swiss 5%s°46. 17 103% 103% 163%; Taiwan EP5% 6 42 41 42 TennCop6sB'44.. 2 54 52 54 Tenn MIPOSA'4T. 9 7% T4 T1% Ter As St L 48°5: 1 69 6 69 Tex Corpev5s’4d. 25 841 83 84 Tex&P 1st582000. 6 87 87 87 Tex& PacGsB'T7. 4 52% 52y 524 Tex& Pac5sD 80. 5 52 50 52 Third Av rf 45'60.. 37 40% 39% 391 Third Av1st59'37. 2 86 86 86 Third Av adj 55°80. 32 28% 22% 23% Tob P NJ 6%82022 37 96% 95% 95% Toklo 5%8°61..... 2 47X 47% 47% Tokio EILt§s'58.. 10 44 43 43 Union EI L&P 68’57 11 95 94 95 UE&P 1st51;sA'54 5 102 102 102 | Un Pac 1st 4s°47 6 944 90% 91% 370 70 70 2 80% 80 80 1. 78% T78% 8% 10 54% B4 544 U S Rubber 68°47.. 46 44 43 43 UnStWEKsA'4T. 6 32 32 324 '51. 13 35% 84% 354 2 3¢ 34 34 10 21% 20% 21% 6 20% 4 ] Util Pow 6%347.. 6 Vanadium St 5s°¢1. 'lr 1 VaRylst5sA'62. 6 VaRv&Pwbs'34. 3 Va SW 1stcn 6858 6 Wabash 4%878. .. 21 5 2 5 1 4 2 [ 2 2 Wast Pac 58 A 17 West Uncl tr5s°38 : 24 14 1 4 6 88% 88% 88% 4 50% 493 50% 15 63 -62 - 63 D. C, ICURB STOCKS RISE TONEW HIGH MARK THURSDAY, APRIL 20, 1933. 'N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. FINANCIAL. Btock and Sale— Stock and Sale— Dividend Rate. Add 00. Migh. Low. Olose. | Dividend Rate. Add 00. High. Low. Close. 0% A—IS | TREASURY REPORTS PROFIT IN MARCH Government Had Balance ofi $817,909 After All Ex- penses for Month. SRy BY CHAS. P. SHAEFFER, Assoclated Press Business Writer. The United States Government oper- ated at a profit during March for the first time since the beginning of the present fiscal year, the Treasury’s cur- rent statement showing classified re- ceipts and expenditures for March reveals. Thanks to income tax receipts of $180,712,321 during Government closed ceipts and expenditures, including those onx:n :.ccwnz of general, special and trust Total general fund receipts during the month amounted to $269,914,029, to which was- added receipt of $2,122,267 of special funds and $11,149477 of trust funds, bringing the total to | $283,185,773. General fund expenditures amounted to $272,412,242 during the month, to which was added $958,104 of special funds and $8,997519 of trust funds, bringing the total to $282,367,864. A deficit of $1,361,225,708 was report- ed for the first nine months of the present fiscal year, which compared with a deficit of $1,885,283,714 for the corresponding period of the last fiscal year. Total expenditures of the present fiscal period amounted to $2,995,715,075, as compared with $3,572,001,644, while total receipts amounted to $1.634,489.- 367, as compared with $1,686,681,917 in §l:§2mne months ended with March 31, The largest single expenditure for the fiscal year to date was made on ac- count of the Veterans' Bureau, which | required a total of $583,411,424 for nine months of operation. Next was the in- terest requirements on the public debt, which amounted to $420,291859, as | compared with only $351.208,865 last year, and for the sinking fund account of the general fund which required $418,764,000 this year, as compared with $355,299,200 for the comparable period of last year. PARIS BOURSE PRICES. PARIS, April 20 (#)—Three per cent | rentes, 66 francs 80 centimes; 42 per cent rentes, 85.90. Exchange o6n London, 87.70. The dollar was quoted at 22.46. CHICAGO DAIRY MARKET. CHICAGO, April 20 (&) —Butter, 7,971; firm; creamery specials (93 ! score), 213,a22;; extras (92), 21%; | extra firsts (90-91), 21; firsts, (88-89), | 20% ; standards (90 centralized carlots), 211 Eggs—45,051; firm; extra firsts, aded firsts l:‘fl."tcumnt 151 Secured by First Mortgages Safe—Conservative Wm. H. Saunders Co., Inc. REALTORS Dist. 1016 1519 K St. Guaranteeing Trade Mark Satisfaction Tresur Box Typing Paper A kind for every purpose I STOCKETT- =1 [ PRODUEING. STATIONERS 719 Fifteenth Street MEtropolitan 3116 The interest does not change and you are employing your money for a period of time which saves the necessity of giving consideration to reinvestment, May be purchased in amounts from $250 up. Acme Wire vic, 1 4% 43 4%|OnloOllempt(s).. 1 70% Atnsworth Meg.... 3 87 37 37]ou Stocks Ld.. 3 4y abama P . Metal Shares Feature Spec- |Auied sins. s 4 3 Al““‘é:‘f’i"t’c‘u fég-eo 2 30% il Alum Co ofApf 1 8 51% 4 tacular Upswing—Other Atuminum Lia.. 11 27 22 Parke Davie (s se. 38 17" : Parker Rust P23. 25s 30% Groups Show Gains. S84 |Baramount Motors. 2 4w 41 41 lpenroadCorp...... 31 1% . R PennWatk P (). 4 46 ‘epperell Mfg Co.. 50s 34 BY JOHN A. CRONE. &4 3% 3% phil MorrisIne.... 2 1% Special Dispateh to The Star. 7:: 7“ 7;: Phoenix Securities. 2 % NEW YORK, April 20—Forty of Plerce Governor... 1 14 » Am Equities 1 2% 2% 2% g more active shares on the Curb EX-|Am & For Pwrwar. 29 7% 7 % 5}.',‘;'.5:3':1;' :Izb:«)A ‘lzl ‘l.‘ change today climbed to new heights| Am Founders...... 13 1 % 7| Ppitts Plate G (60¢c). 7 16 for the year as trading continuéd brosd | AT Gas & B1 (313.. 31 224 20 224 | Pitney BowesP.... 9 3 i AmGas&EIpf(6). ) 75% 76% 75%|premier Gold(12¢). 7 % 5 Am Investment.... 14 3% 2% 2%|propper McCallum. 1 3 Electric Bond & Share at times was| Am InvestIncwar. 7 % % Prudential Invest. . 5% up more than a point. Standard Ofl | Am Laun Mch ¢0c. 600s 9 9 Pub Util Hld xw & of Indiana advanced more than twice|AMLt&Trac(s).. 5 13 134 13| PubUtilHldept... 6 31 that amount. Cities Service was up|Am MalzeFrod(1). 2 18 174 174)Puget3d PAL 36 pL.108 12 only fractionally. Niagara-Hudson Power | A Maracatbo..... % & Pyrene Mfg. T 2y rose about & half point. A 1 W TN Quaker Ot Belated official refognition of the fact |Am Superpowerpf. 1 174 17% 17T% or Oats (16).. 90s 94 that the United States went off the|AmThreadpfife.. 3 2% 2% 2K | Raytheon Mfg 2 3 gold standard—which technically Anchor Pe ‘ence. % 1% 1%|Reybarn.... ‘1% Siace ManATY Nhich Sl stook | Ark Nat Ga . 2 1% 1% 1%|Reeves D (1%). 3 Sort of inflation caused stocks ss well |ATkNatGas(A)... 4¢ 2 2% 1M |ReluncelntA..... 1 24 as_commodities to advance. Ark Nat Gas pt 6 3 2% 2%|Rellance Manage.. 1 1% Metal shares were the first of the|ArmstrongCork... 66 6% 54 € |Richmond Bros (3) 268 25 o et sour . A long |ASEIIndLtdkide. 1 24 3% 3% Rike Kumler. 2 4n list of metals, including Aluminum Co. | AS80 Gas & Elec. .. ‘Z, 1% 1 14| Roan Antelops.... 4 114 of American common. Aluminum, Ltd.; Asso Gas&Elec(A) 9 1% 1% 1% | Root Refiningcvpt 2 4 New Jersey Zinc, United Verde Exten- | ASs0Ravon....... 1 % » | Rossialntl..... 2 ‘B sion, Shattuck-Denn, Newmont Mining, | 4100 1o Utilities - % % %|Royal Typewriter.. 2 6 Holi % lidated Gold, Pioneer Atlas Plywood 1 1 1 1’| Rubberoid Co (1).. 2 19 Ooldmmd mw t-Hargreaves, climbed ::11:' gt:ll‘l:llu . 2:2 g:: :" sy‘h Ryan Consolidated 1 1 10 new high levels for the year. Atlas Uil pt A 6 9% a7y 3 |Safety Car H&Lt. 2256 30% Humble Ofl, Standard Ofl of Indiana, | 4yeon Fish(A)3.20. 508 45 421 423 | ot Resis Paper. .. 106 2% Standard of Kentucky, Imperial OIl, D St Regis Paper. .. 80a - 18 Tra ond Tnternational Petroleum were | Bell Tellof Can (1) 68 73 724 73 |SairCreek Prod (1) 9 4% among the Standard Ofls that sprinted | BenefInd Loan1l 8 10% 9% 9%)Segal Lock&Hrd.. 1 & into new high territory. Gulf Oil was|Bickford'sInc6oc. 1 5% 6% 5l Selby Shoe (140).. 1 11 e strong issue In the | Blue Ridge, ... 3 3 2y Selected Industries 20 1% Iniscellaneous oll division. Blue Ridge pf ( 9 25% 24% 25%|Sel Indall cta(5%) 4008 40 Taxing their oue from Brazil Trac& Lt... 13 8% 84 8% |SelInd prof (5%). 2 89% tbenda, Bch camgenits & m'“”d‘m’""u, Brillo Mfg (60c)... 4 11% 11% 11%]| Sentry Saf Control. 2 1 dependent on that industry moved for- | Brit-Am Tob (B) 3 15;( 18% 184 | Shattuck Den Min. 10 2 Ward in impressive fashion. Deere & | BrU-ATbrgp2dle. 2 18% 18% 18%)Shawin W&P (50c) 4 10% Co. led the procession. with Novadel Brit-AmollCsac.. 2 7 74 7w Shanandoah Corp... 18 2% B E i . Shenandoah of.... 4 et inaQuRkesHOste Ammediately | gnyer Hijl & Sull.2258 31 293 29% | Sherwinowil (13,6508 53 Next came the varlous mail order and | Bunker Hill & § vic 26s 28 20 28 |Singer Mt Co (6). 1908 101 farm store stocks, like Montgomery léur:nl rets (plige) 11 2 2% Singer MfgLtdrets 1 1% Ward A, Butler Brothers and National | BUtler Bros....... & 3% 34 3% |Smith (AO)....... 905 36% Bellas Hess, all of which reached new | Canadian Marconi. 89 1% 14 1 SoAmGold& Plat. 2 1w e e R ooty 9 % & %|SouthPennOil1).' 2 13% ported a strengthening in its products, ZELE 7S (SU] son Oal Bainr A1 ¥ 3 524 Which helped Carnation Co. Some of Celanese 1st pf. s 35 35 35 |SouCalEdpfBll 1 19% the food distributors, such as Great At- [ Centl1 P§36 pf(2). 20s 1814 181s 18% Southern Corp'n... 2 2 e s CPacific T and Parke-Davis | CentStatesEiec... 42 2% 1% 2 |South NEngTels. 10s 90 also were at or approaching new highs. 5 B i EjciiemEe ate S e Naturally, some of the food shares re- M 9 9 Bkt 8. & acted. Homn & Hardart, restaurant B e Cro o ; 3 4 % 13% | Stand C 40). 1 17w chain, sold off after its initial bulge. ¢y gervpeB... 1 1. 1 1 |StandInvestempf 50s 10 Cities Service(BB) 108 5% 5% 5% |Stand Ofl Ind (1).. BONDS ON THE CURB Cities SYP&L $6 pf. 50s 12 12 12 | Stand Oil of Ky(1) ARKE Claude Neon Inc. 4 % % % Stand Oll of Ohio M. Cleve 1 2% 2% 2%|Stand P&L pf (7 Colts Pat F A ( 1 10 10 10 |Stand Silver & L ColG& Ecv pf (5).160s 75 74% 75 | Starrett Corp pf. Colum O11&G v.t.c. 9 1 1 1 | Stutz Motor Car. 2| Comwlth Edis (5).. 17 55% 52 55% | Sunray Ofl us Comwith& Souwr. 45 % 4% % |Swift&Co Comstock Tunnel 1 % %' % |Swift Inter ) 1} :::; 9 : {' 85 Consol Copper. 2 “ % & |SwissAmer Elpf.. 2 223 Ron Con Gas Balto 3.60. 9 46'5 44 46% | . C Am Roll Cord Corp (10c)... 97 7% 6% 17 ASERES COED. 1 1% ol 3 X Technicolor....... 22 31 . Cosden & Co... 6 25 24 Tech Hughes (60c) 41 3 ga Cosden&Copf... 1 5 & e 2 3% Cosden&Cocod.. .1 24 24 TexmOuared). 8 s g% 0.4 : Trans Air Transp.. - 6 4 G & Creols Petroleum.. 73 54 4% Trans Lux DL P i | Cresson Consol(4c) 13 b &~ Tri-Cs :(’Z V) b |Crocker Wheeler... 18 4 3% 4k | phoi'Grat Corn. {CrownCork Int1A." 12 3% 3% 3% Tung-Sol Lamn . | Cust Mextcana Min 65 % % St | Darby Petroleum.. 2 3 3 T b Deais & Coi L. 161 United Foundera. Derby O1l & Refin.. 2 ‘flb)ow Cl;;mlul ). 2 '3 | Driver Harris. .. 4 8% 6% 54|y, | DuRe Power (4)... 508 44 42 44 jUniieqLt&P (A) sE Duval TexSulphur 1 % % Ttd Milk Prod pf e e | Eagle Picher. ... . 1 4% 4w 44]Utd Profit Shar. ... o EastG&F As (60c). 8 4% 4% 47 Shoe Mch 234 .. | East States Power. 7T 2% 1% fon Am Invest. . 1 Eastn Util Ass0(2) 1 131 13% 13%|USElecPwrww.. 3 % o EislerElecCorp... 1 ' ' %|USFinishing..... 1 1a Giev' gl i ‘s A Fl Bd&Share b§%. 870 18 4% 18 | USFoll (B) (20c), 1 3 Com Edis 55 A El Bd&Shdre pr6.. 46 301 270 30%(US&IntSec....n 1 1 25 El Bd&Share pf 5.. 9 28 25% 4 25 ‘.“‘ El Pwr Asso (40c). 14 3% 3 19 3 93 |BIPwrAssoAd0c. 18 3w 2% 32 1, 1017 [EIP&Lopwar.... 37 3% 21 2 2% Elec P&L2dpf(A). 50s 9 9 9 |UtilEquities...... 5 2 Elec Shareholdings 5 3': 3% 313 Util Equities pf 51; 908 32 EmpireG&F6%..50s 6 6 6 Util & Industrial 6 1% EmpG&F 615% pf. 508 7 7 7 |Util&Industpf... 1 21 Empire G & F 7%..1 o T 105 H Empire G & F 8% .. 11 ° 11 | Venezuelan Pete z & 3 Pisk R EuropEILtd A30c 6 3% 3 34 VoghtMfgCo..... 1 2% ; g’:" tTa Europ Elecdeb rts, 22 W e % | Waitt & Bond (B). 1 lia 17 Gatineau Evans WallLead.. 1 % % 1|WalgreenCo(1)... 14 14 21]8:“ i:?r ot Ex-cello Alr&Tool. 3 1 1% 1%|Walker (Hiram)... 2 54 3% Federated Corp.... 5 6% 61 6] Walker ) pf(1). 5 !9 RY FiskRubbernew). 32 2w 2 2u e Al : sk Rub pf (new). 2 27% 26% 27% | WA y 1 Hood, lghbér s '36 Flintkote (A)..... 1 8 3 '3 | Wenden Copper. B & 1 Ford Motor CanA. 13 7 6% 6y WestAlr Expr Trisg im Ford Motor Can B.. 258 9% 9% 97| Woolworth (F W) $ Ford Motor Ltd.... 27 3% 3% 3w Ltd (p243-6c) 5 16% i 4 | Franklin Mtg. .. 2 % % %|WrishtHargt 9 4% : General Aviation.. 27 4% 4% 4% 1 GenEILtd202-5c. 4 8 % 7% 1 _| Gen Pub Servicepf 308 22 22 22 . i | Georgia Pwpf (6). 258 44% 4415 44% § Mass Glen Alden Coal... 17 10% 94 10 H M:l.:n Glob Undrw (k33c) 2 4% 44 4% 3 Matr, Goldman Sachs.... 2T 2% 2 2% 1w GoldSealElnew). 2 % & % 5 Mise’ Gorham vte (1)... 4 1% 13 15% 3 Gorham Incpf.... 50s 105 103 B Nar Gray Tel Pay Sta 9% 9y ZN 2 | Grt A&P T nv(t 154%.160 i Nat | Great A&PT pf 119% 1193 1 New Greenfield T & 1% lie 401 Gulf Oil of Penn; 33% 33% N HandPageptkile 4 % % % 1No HappinessCandy.. 1 % 1%e Hecla Minmng...... 15 5% 4% 54 15 bl Helena Rubinstein. 2 % % 5 Pac Heyden Chem (1).. 1 9% 9% 9y § Pas Hollinger Goldt80c 20 7% 74 T% e Horn & Hardart(2) 12 21 20 20 4 ERlEEe 53,50 Humbeoff ). 13 56 53" BE- s Bl 'umble 2 4 1?:!:&?:{ ";'-f‘ % it Hygrade Food. $Pe 8 PAL 42330 e 49l 4R e n 128 A 5 Imp Oil Canrg 5%c. 9 01152 W ;an 5! 1InsCoof N Am(2 10 2 4 Sou Bs IntHyEIScpf3%225s 15 15 15 BALTIMORE 2 Sou B8 Int Petrol (1) 74 12 11% 11% 2 Sou 3 Int Products 1 1% 1% 1% @ B . Int Utilities E 4 12 % 1 9 Stand o | Interstate Equities 3 8% 5 5% 18tand o InterstateEqcvpf. 3 11t 11 113 [ 35w 0 Interst Hos (65c).. 1 9 e 3 on Inters Pwr(De)pf. 20s 7 I(Il ‘Toledo ‘62 Irving Air Ch (40c) 5 5% 4 . Italian Superpw A. 11 1% H Lake Shore M (2).. 90 32% 3 Lefcourt Realty... 11 1 3 Lehigh Coal&N 40 10 6% - Lerner Strs pf ww. 508 23% Libby McNeill&L. 15 3 LoneStar G bdc.. 32 6% . Long ILempfB 6 908 1 Pt Louisiana L & Ex m% Ge Mass Util Assocn.. 1 2 Ger Mavis Bottling A. . E] % T iy A Mayflower Asso(2). 1 32% | el o Mo & Mm e 1 908 20 ,8las erc! n Tr . e 1 OB SO PP 4 | Miss Riv Pr pf (6). 108 78% e ) Moh Hud P 1st p£ 7 768 71 Xw—_Without warrants. Montgom Ward (A)4930s 71% n—N Mountain Prod 80c. 11 4% Nat Aviation. 5 ™% Nat Bancservi 2 2% Forty Years of Nat Invest war. 2 1 % Experience Nat Pw&Lt pf (6). 2008 4735 46% 47% tService....... 18 1% 1% 1% atSugar NJ (2). 11 35% 3¢ 34 3 Nat Transit(80c).. 1 6 b% 6 First Mortgage eis Brospf(p1) 258 12 12 12 g ordOIl.. 2 1% 1 1 Eng Pwr pf(6)110s 35% 35 354 et JerseyZinc3. 24 44% 43 4% : Mex&ALnd. 1 1% 1 1 Newmont Mining.. 103 28% 264 28 NYAuction...... 1 1% 1% 1% NYHonRo(t1%). 19 144 14 144 L Total | |N ¥ Shipbldg (10c) 5 4% b 2 6l N Y Steam (2.60) 4 38 37% 38 ° 3 643 | [NYTelpf (6%)... 768 118 112% 113 5 | |Niag Hud Pwr (1). 50 11% 10% 11% 4 543 | |NiagHud (A) war. 2 & % X Niles-Bement-Po! ! i a; 938 | | Nipfasing. . .15 1% 1% 15| ational 2100 3 873 | [NorhsuPwAc). 8 26k 24 sen; 3 of: Northw Yeast (12) 10s.125 125 125 i 2 Novadel Agne (5).. 3 39 38% 39 Ohlo Brass (Bhv,.. 268 6% 6k 6% hocoped % % % PROPERTY ‘WASHINGTON IF YOU ARE IN DOUBT In what type of investment to em- ploy your surplus funds, we believe you will find the essential features offered by our 6% FIRST MORTGAGES B. F. SAUL CO. WILKES BARRE 925 15th St. N.W. MANAGEMENT