Evening Star Newspaper, April 21, 1933, Page 12

FINANCIAL, TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice. BANKS ARE AIDED BY STOCK ADVANCE |- Depositors and Borrowers Are Benefited by Rise in Quotations. BY EDWARD C. STONE. ‘What effect the sweeping advances in stocks and recent substantial gains in bonds will have on Washington's closed banks and the depositors in those banks was a subject of wide interest in the financial district today. ‘The advances in high-class bonds will be of direct benefit to the banks by in- creasing their asgets, while the gains in stocks will mean more to the depositors than to the themselves. The higher quotations on bonds and stccks are not expected to have any immediate effect on speeding the reopening of the 13 banks. In cases where stocks are up as col- lateral on loans, and there are thou- sands of such loans, the borrowers will profit by every point that a stock scores. In case the value of the collateral may have dropped below the amount of the loan, the rise in prices may place the borrower on an even basis with the bank., In such instances, it was indi- cated today, the conservators have the Tight to sell out the customer and close out the loan. Consideration for Depositors. But such action is unlikely to be taken in connection with accounts where the customer has always kepi up his interest payments, thus having a past record that warrants consideration. Such loans will be carried along, bank- ers said, so that the person making the | loan will have a chance to come out | anead on his investment. If the cus- | tomer's collateral is well above the amount of the loan, his loan will be carried along just as it has been unless the bank should be ordered liquidated. It is hoped by bank officials that some loans which have been considered doubtful of payment and might have to be written off will now become a real asset to the bank and can even- tually be paid in full. Such cases will, of course, take time. Should the ad- vance in Wall street continue as fs as some people predict, both banks and customers will be in very much stronger | positions. To date, the gains are only on paper, as the banks have not sold any bonds or stocks. 2 Extent of Rise ¥ital In the long run, price advances in all kinds of securities will have a tremen- dous meaning. Where banks are re- opened, there will be a material im- rovement in their assets. Should a k be liquidated, the total funds to | be divided among the depositors will be { vastly increased. A great deal hinges on the extent of the rise and how much of it is held. Depositors are still impatient for their banks to reopen. In answer to requests for greater speed, Treasury officials call attention to the fact that banks in 48 States are also demanding considera- tion, as well as those in the District of Columbia. All want action at the same time. It was predicted in the financial dis- trict today that business will show some upturn soon. Usually, it was explained, & sharp gain in stocks spurs trade. Life Insurance Sales Lower. Sales of new life insurance in March in the District of Columbia were 30 per cent lower than in the same period a year ago, according to ‘a dispatch re- eeived from Hartford today. This is exactly the same figure as the average of the slump for the whole United States. Maryland reported a falling off of 34|, per cent in March and Virginia ex- perienced a like recession. South Caro- lina was off 40 per cent and West Vir- ginia was down 41 per cent. The other State in the fifth Federal Reserve dis- trict, North Carolina, was 42 per cent below the record in new life insurance written in March, 1932. Every State in the Union was under last year's record. Rhode Island stood at the top, with a loss of only 8 per cent, while Nevada had the hardest luck in bringing in new business, being 57 per cent back of March, 1932. Georgia and Florida made quite favorable rec- ords, being off only 28 per cent from the figures of a year ago. During March the substantial sum of $3,470000 in new life insurance was written in the District of Columbia. Maryland's new business totaled $5,70' 000. Virginia reported $4,929,000, West Virginia, $3,012,000; North Carolina, $4.- 347,000, and South Carolina, $2,054,000. Trading on D. C. Exchange. There was a large amount of activity in Washington Railway & Electric 4s on the Washington Stock Exchange today, trading being in $1,000 and $500 denominations. The bonds opened at 84 and closed up a pomnt at 85. Washington Gas 5s, 1958, opened the day’s business, two $1,000 sales taking place at 81';. Later the same bonds changed hands at 82. Capital Traction stock nps)esred on the board again today in 1 lots, the recent price of 6 being maintained. Mergenthaler Linotype opened at 25 and closed at 2415, Ten shares of Washington Railway & Electric preferred came out on the board at 817s. The last transfer was in Potomac lflectnc Power 51, per cent preferred stock at 10515, Bonds in the unlisted department ‘were called off, as is customary on Fri- days. But few important quotatiop changes were ncted. Heard in Financial District. ‘The District of Columbia Bankers’ Association will hold its Spring busi- ness meeting this afternoon, beginning at 4 o'clock, in the board room of the American Security & Trust Building. Many matters are to come up for dis- cussion. A report on the American Bankers' Association council meeting will be presented by Robert V. Fleming. Washington brokerage houses were jammed to the doors again today as the New York Stock Exchange opened another hectic session. Business was not quite as rushing as yesterday, but the quotations aroused intense interest. ‘The action of the rails caused wide comment here. 1t was reported in the local financial district today that interest in invest- ment trusts has shown marked im- provement during the past few days. ‘The demand yesterday broke all recent records, reports say. INVESTMENT TRUSTS NEW YORK, April 21 (#).—Over-the- counter market: (Quotations as of 12 o'clock.) Am Bank Stock Bullock Fund Cumulative Tr Sh.." Corporate Trust .. Corporate, Trust A Corp Tr A Sorborut ‘Trist g:c\lm Ser 10 imesest S a e ¥ S, Zaazet FAETREFRICE AU Bghbrs, = s By the Associated Press. Treasury receipts for April 19 were $78,406,746.09; expenditures, $97,379,- 584.61; balance, $367,229,481.05. Cus- d;ur'.{m 19 days of April were |:'| 9¢ 15% 10% 3 11% 64% 1% 15% 1% 1% 3% 2% 10% 93% Stock and Low. Dividend Rate. 13% Abrm & Straus 1.20.. Adams Express. . 8 Adams Millis. .. 5% Addressograph. 1% Adv Rumley. 7% Afliated Prod 1.20. 4’!% Alr Reduction (3) 1% Alrway Elec Ap) 11% Alaska Juneau(§0c). 1 Albany Wrap Paper. % Alleghany Corp. .... 1 Alteg Corp pf $30ww 1% Alleg Cp pf 330 xw.. 5 Aileghany Steel..... 70% Allled Chem & D (6). 121% 116% Allied Chem pf (7).. 12% 10 1% 9 30% 14% 14% 39% 5% 22 6 Allis-Chalmers Mfg. 5% Alpha Port Cement. % Amal Leath: 5 Amal Leather 18% Amerada Corp ( em (Del! 2% Am Beet Sugar pf. 9% Am Brake ShAF é0c.. Am Car & Foundry.: Am Car&Foundry pf. Am Comc’l Alcohol. . A.n Encaustic Tiling Am European Secur. Am & Forelgn 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. 3 Am Home Prod (3).. Am IceCo.... Am Internation: Am La France&Fom. Am La Fr & Fom pf.. Am Locomotiv Am Metal Co. Am Metal pf Am News (1%). Am Power & Lig] Am P&L $5 pf (1 Am P&L $6 pf (1 Am Radiator. Am Rolling. Ml Am Safety Rasor @ Am Ship & Com..... Am Sm & Ref... . Am Sm & Ref 6% pf. Am Sm & Ref 7% pf. Am Snuff (13%) Am Snuf? pt (6) Am Steel Foundry. Am Stores (123)... Am Sugar (2).. Am Sugar pf (7) An: Sumatra Tob. Am Tel & Tel (9).... Am Tobacco (5)..... Am Tobaceo (B) (5). W n7 102% Am Tobacco pf (6).. 9 19% 16% 58 8% Am Type Founders. . Am Water Works(1) 4 Am Wat Wks ctfs(1) Am Wat W 1st pf(6) Am Woolen. ... Anaconda Coppe Anchor Cap (60c Archer-Daniels (1 Andes Copper. Armour of Del 4 Armour of I11 (A) Armour of 111 (B! Armour of Ill pf Arnold Constable. ... Artloom Corp....... Assoclated Apparel. . Asso Dry Goods. ... Ass0 Dry G 1st pf... Associated Oil E Atchison. .. 50 Atchison pf (5)..... 16% Atlantic Coast Lin 12% Atlantic Refining(1). 9 Atlas Powder. 31% Auburn Auto (33, % Austin Nichcls. . 13 Austin Nichols A (1) 5% Aviation Corp (Del). 3'; Baldwin Lecomot. 9% Baldwin Locomot pf. 8% Baltimore &'Ohlo.... 915 Baltimore & Ohfo pf. 20 Bang & Aroost (2)... 68% Bang & Aroos pf (7). 3 Barnsdall Corp. Bayuk Cigars. . Beatrice Creamery.. Beech-Nut Pkg (3).. Belding-Hemingway Bethlehem Steel. . .. 4 Bethlehem Steel pf.. Bigelow-Sanford. Blaw KROX......... Bloomingdale pf (7). Bohn Alumn & Brass Bon Ami (A) (15)... Borden Co (1.60). Borg Warner...... Boston & Maine. . Briggs Mfg Co. Briggs & Strat (1)... Bklyn Manhat Tran. Bklyn Man Tr pf (6). Bklyn & Queens. . BKlyn&Queens pf (§) Brown Shoe (3) Brunswick-Balke. Bruns Term & Rwy. Bucyrus-Erfe. . % Bucyrus-Erle cv pf.. Rucyrus-Erie of (2). Burr Add Mlch(lne) Bush Terminal Butte Copper & Zine. Butte & Superior.... Butterick Co. 3014 Byers (A M) pf (2 % California Packin % Callahan Zinc & Ld 73 Canadian Pacific. 14 Cannon Mills (1). 434 Capital Admin (A).. 30% Case (JI) Co... 40% Case (3 1) nf (4). 5% Caterpillar Tractor. 43 Celanese Corp. 1% Celotex pf. . 14 Cent Aguirre um. 38 CentRROfNJ.. 2 Century Rib Milll 52 Century Rib M pf(7). 5% Cerro de Pasco. ..... 1 Certain-teed Prod. .. 714 Checker Cab Mfg. 24% hes & Ohlo (23) 14% Chesapeake Corp 3% Chi & Eastern Il 1 ChiMilStP & Pac... 1% Chi Mil StP & Pac pf. 1% Chi & Northwestern. 2 Chi & Northwest pf.. 2% Chi Pneumatic Tool. 5% Chi Pneu Tool pf. 2 Chi Rock I & Pac 2% Chi R1& Pac 6% pf. 3% ChiR 1 & Pac 7% pf. 6% Chi Yellow Cab (1).. 2 Childs Company. 6 Chile Copper. 7% Chrysler Corp'n. . T4 City Ice & Fuel (2).. 45 ity Ice&Fuel pf 6%. % City Stores. % 10 Cluett-Peabody (1.. 90 Cluett Peabody pf(7) 73% Coca-Cola Co (7). ... 44 Coca-Cola (A) (3)... 7 Colgate-Palm-Peet. . 8 Collins & Atkman... 3% Colo Fuel & Iron. ... 16 Colo Fuel & Iren pf.. 9 Columb G&E1(b80c). Columb Gas pf A(6). 6% Columbia Plct vic. 23% Columb Carbon (2) 7% Congol-Nairn (60¢c).. 6% Congress Cigar (1) 3% Jonsol Ciga 1% Consol Film 5% Jonsol Film pf. 63% 40 YConsol GasN Y (4).. 88 ‘Consol Ga$ NY' PLE) Yesterday's Bales Add 00. High. 6 28 4 37 16 16 14 45 515 70 363 1 4 87 23 4 208 5 P& seFsFrepasensrsr AR IRET T +44 1 be L4+ 1+ FEEae ¥ " * Ak bbb T epFerreEses - I+‘+KLI t++1 1+ FEREIRFEFR |41 o EES Contl Baking vf (4).. 35% ContlCan (2)....... 3% Contl Diamond Fibre 10% Contl Insur (1.20). 1 Contl Motors. . 4% Contl Ofl (Del) 23 Cream of Wht 123 2% Crosley Radlo... 14% Crown Cork & Seal. 24% Crown C&S pf (2.70). 9 Crucible Steel. . 16 Crucible Stec] pf. 64 Curtis Publishing. 30 C s Publishing 13% Curtiss-Wright.. 2 Curtiss-Wright (A 4% Cutler Hammer. 1% Davega Stores (h3).. 6% Deere & Co pf (20c).. 37% Delaware & Hudson, 17% Del Lack & Westn. .z 2 Denver& RG W pt 48 Detrot Edison (4)... 17% Diamond Match (1). 26% Diamond Mach pf 1% 12 Dome Mines (11.30). 10% Dominion Stores 1.20 10% Doug Afreraft (76¢). 6% Dresser Mfg (A).... 2% Dresser (SR)Mfg(B) 29 Drug Inc(3).... . 32% Dupont de Nem (2) 97% Dupont deN 4b pf(6) 1% Eastern Roll Mills 46 Eastman Kodak (3 8% Eaton MfgCo .. % Eitington-Schild 10 Elee Auto-Lite. 78% Elec Auto Lite pf(7). 1 Electric Boat....... 1 Elec & Musical Instr. 3% Elec Pwr & Li 6% Elec Pwr&Lt §6 pf T'4 Elec Pwr&Lt 87 pf. .. 21 Elec Storage Bat (2). 26 Endicott-Johnson(3) 4 Engineers Pub Sve.. 15% Eng Pub Sve pf (5).. 20% Eng Pub Sve pf (6).. 3% ErieRR. 4% Erie R R 1st pf. 5% 2% Erie RR2d pf. 1 FairbanksCopf..... Fairbanks Co pf ctfs. 2% Fairbanks-Morse. ... 10 Fairbanks-Morse 4% Federal Lt&Traclol 88 Fed L & Tr pf (6) 15 Fed Mines & Smit. 1% Fed Water Service 714 Fed'd Dep Stra(60e! 10% Fidelity-Phoen 1. 5 Fifth Ave Bus (84c. 9% Firestone T&R(40c). 42 Firestone T&R Dl(l) 43 First Nat Strs (23%). 7% Florsheim Shoe (A). 4'4 Foster-Wheeler. . 13% Fourth Nat Inv 1. 10 % Fox Film (A) . 16% Freeport-Texas @.. 97 Freeport-Tex pf (6). 9 _Fuller Co pr pf. 6% Gamewell Co 2% Gen Am Inivestor: 13% Gen Am Trans (1)... 4% Gen Asphalt. .. 13 Gen Baking (2). 234 Gen Bronze 1% Gen Cabl 2% Gen Cable (A). 6% Gen Cable pf. 29 GenCigar (4). 11% Gen Elec speo (60c; 21 Gen Foods (1.60) % Gen Gas & Elec (A). 3% Gen G&E 6% cvpfA. 385% Gen Mills (3) 92% Glan Mills pf 10 Gen Motors (1) 65% Gen Motors pf (5)... 2 Gen Public Service 13% Cen Ry Signal (1). % Gen Realty & Util, 21 Gen Refractorfes. . 9% Gen Steel Casting pf. 10% Gfllette Saf Ras (1). 47% Gillette Saf R pt (5). % Gimbel Bros. . 5% Gimbel Bros pf. 3% Glidden Co. . 3 Gobel (Adolf).... 12 Gold Dust (1 20) 3 Goodrich (BF)... 9 Goodrich (BF) pf... 9% Goodyear Tire&Rub. 27% Goody'r T&R 1st (2). 7% Gotham Silk Hoslery 1 Graham-Paige 3% Granby Consol 3% Grand Unfon.. . 2215 Grand Union pf (3). 156% Grant (W T) (1) 4% Great Northern pf 5% Great Northern O 7 Great West Sugar. 72% Great Wn Sug pf(7 8% Greene Cananea. % Grigsby Grunow. ' % Guantanamo Sugar. . 1% Gulf Mobile & North. 2% Gulf Mobile&Nor pf. 6% Gulf States Steel 164 Gnlf States St 1st pf 1% Hahn Dept Stores... 9 Hahn Dept Stores pf. 3% Hall W F Printing 45% Hanna pf (7). 61 Harbison & Walker. . % Hartman Corp (A) 7 Hat Corp (A)... 15 Hercules Powder 13- 85 Hercules Pow pf (7). 85% Hershey Choc (3). 64% Hershey Choc pf(t! 3% Holland Furnace 145 Homestake M(t1 1 Houdaille-Hersh(B 44Y% Househd Fin pf 4.20. 8% Houston Ofl. 1% Houston Oil (new. 5% Howe Sound (40c) 11% Hudson & Man (2% 8 Hudson Motor Car. 1% Hupp Motors e — I 8% Illinols Central. 16 Illinois Central pf... % Indian Motor Cycle.. 1% Indian Refining..... 24 Industrial Rayon (2) 19% Ingersoll-Rand(1%) 12 Inland Steel. 2 Inspiration Ci 1% Insuranshrs Del 15 1% Insuranshares (Md) 4% Interboro Rap Trans. % Intercontl Rubber... 75% Int Bus Mach (6).... 2% Int Carriers Ltd 20c. 6% Int Cement....... % -Int Combustion. 1% Int Combustion pf... 13% Int Harvester (§0¢). 2% Int Hydro-Elec (A).. 1% Int Merchant Marine 6% Int Nickel of Can. 2% Int Paper pf........ % Int Paper & Pwr (A). % Int Paper & Pwr (B) % Int Paper & Pwr (C). 2. Int Paper & Pwr pf.. 4% Int Rys Cent Am pf. 13% Int Salt (1%). 24% Int Shoe (2).. 1% Intertype Corp...... 20% 11' Island Creek Coal(2) — 80% 23 Jewel Tea Co (3) 28% 12% Johns-Manvi! 62 42 Johns-Manvillepf... 50 85 Jones & Laugh pf(1) 11 % Kansas City Southn. 16 12 Kan City Sou pf (2). - !_.‘.E:_::.‘.‘... - . Kelly-Sp Tire 6% 3% Kelvinator Corp. 87% 30 Kendall Copf (6). 17 . T% Kennecott Copper... 10 %" 8% Kimberly-Clark. "(GR) Co pt.. S U TR R PR LTI F L as 5 Fix +1 — o + % + % 14% Kroger Grocery (1). 43% Laclede Gas pt (5).. 22% Lambert Co (4)..... 8% Lee Rubber & Tire. 5% Leh Port Cement. 1. Lehigh Valley Coal.. 234 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) 13 Lily Tulip Cup (1%) 10 Lima Locomotive 6% Link Belt (40c). 10% Liquid Carbonic 81 Loew's Inc (1) 17% 10% Lorillard (P) (1. 10). 1 % Louisiana Ofl... 19% 13% Lou GasaBlA (1%). 35 21% Louisville & Nash... 9 4 Ludlum Steel....... 9% McAndrew Forbes(1) 18 McCall Corpn (2).... % McCrory Stores A. .. 2% JcCrory Stores pf. 3 McGraw Hill Pub. .. 18 Mclintyre P M(11%). 44% McKeesport TP (4). 1% McKesson & Robbing 3% McKesson & Rob pf.. % McLellan Stores. ... 13% Mack Trucks (1).... 24% Macy (RH) &Co (2) x 1% Madison Sq Garden. 5% Magma Copper. % Mallison & Co. Mallison & Co Manati Sugar Manhat Elev mod gtd Manhattan Shirt.... 4 Maracaibo Oil Exp.. rine Mid1d (80c) Marlin-Rock (1).. Marmon Motor Car.. Marshall Fleld & Co. Mathieson Alk (1%4). May Dept Stores (1). 8% Melville Shoe (1.20). el Co. ........ 7 Mesta Machine (§0c). 1% Miami Copper. . 3% Mid Continent Petm. Midland Steel Prod. . Mid St1 Prd 1st pf(4). Min-H'well Reg (1). Minn Moline Pow. .. Minn Moline P pf. M StP & S S Marfe Minne StP&SSM L1.. Mo Kan & Texas Mo Kan & Texas pf. Missourd Pacific Missourt Pacific p: Mohawk Carpet Monsanto Chem Montgomery Ward. Morrell (J) & Co (2 Mother Lode Motor Meter Motor Produect: Motor Wheel. Mullins Mfg. Mullins Mfg p! ¥ irray Corp Nash Motor Nash Chat & St L. 4 Nat AcmeCo. .... Nat Biscuit (2.80) Nat Cash Reg (A) 4 Nat Dairy Prod 1.20. Nat Dept Strs 1st pf. Nat Distillers....... Nat Dist pr pf (2%). Naut Lead (5)........ Nat Steel (50c). & Harlem (5)... In: N NH&Hartpt.. Ont & Western. . N Y Shivb'ldg (10¢). N Y Shipbldg pf (7). Noranda Min (a1.10) Norfolk Southern. .. Norfolk & West (8). North Am Aviation. . North Am (b8 % stk). North Amer pf (3).. North Am Ed pf (6). 4 North German Lloyd 9% Northern Pacific.... 1% Norwalk Tire & Rub. 4% Ohlo O11 1% Oliver F 3% Oliver F Eq pr pt 1% Omnibus Corp. . 103 Otis Elevator(60c).. 93% Otis Elev pf (6) 34 Otis Steel. ... 2% Otis Steel pr pf 1 31% Owens I11 Glass (2).. 31% 20 PacificGas& El (2). 43% 25% Pacific Lighting (3). 13% Pacific Mills 81% 65 Pacific Tel & Tel (6). 2% 1% Packard Motor Car.. 1% Panhandle Pro&Ref. % Par-Publix cts. .. % Park & Tilford. 2% Park Utah. . J Parmelee Tral Path~ Exchang 10% Peop Drug Strs (1).. 3 41% Peoples GasChi (6). 1§ 3% Pere Marquette . 1 4% Pere Marquet! 6 Pere Marquette pr pf 150s 63 Pet Milk S 4% Petrol Corp of Am. 4% Phelps Dodge. ... 25 PhilaCo 6% pf (3).. 2% Phila& Read C&1.. 8 Philip Morris&Co(1) 3 Phillips-Jones Co... 4% Phillips Petroleum. . Plerce Oil. . . Plerce Ofl pf... Pierce Petroleum Pillsbury Flour(60c) Pitts Coal. . Pitts Coal pf. 1% Pitts Screw & Bolt. 10% Pitts Steel pf.. % Pitts United Corp 6% Pitts & West Va. 6% Plymouth Ofl. 1% Poor & Co (B) 1% Port Ric Am Tob(A] Port Ric Am Tob(B). Postal Tel&Cable pf. PubSve N J (2.80).. Public Sve NJ pf (5) Public Sve NJ pf (6). Public Sve NJ pf (7). Pullman Corp (3) 5% Real Silk Hosiery BETTER BUSINESS TREND HELPING JEWELRY TRADE Special Dispatch to The Star. NEW. YORK, April 21.—The last quarter of the past year was an unsatis- factory one for nearly all branches of o | the jewelry iRl FE ERFEELFEFESF Fhaab L] sExeErsEsse £ THddtatsl +) SeesFsF + | o I4+++4+ FEEFES FFEFEF » (RREE L3 + P A AR Fr srfPrsSesFrevns ++ 114 o ¥ OEEE i - FF + 1+ A * | +4+ | ++ Rresss 12% Sears Roebuck. 1% Second Nat Inv. % Seneca Copper. 1% Servel Inc. 2% Sharp & Doh: 21% Sharp & Dohme pf(2) 1 8% Shattuck(FG) (34c). 97 11% Shell Transport & Tr MOI 4 Shell Union O11. . 28% Shell Uniop Ofl nf. 4% Stmmons Co..... 4% Simms Pelrolm(!it) 3 Skelly Ofl. 8% Sloss-Sheft | Stetl 124 % Snider Packing. . - 7 6 Socony Vacuum 40c. 956 58 Solv Ampf ww(5%). 2 15% So Port Ric Sug 1.60. 160 17% South Cal Edifon(2). 75 11% Southern Pacific. 235 4% Southern Railway. 75 5% Southern Raflway pf 26 8 SoRy M&Octfs(4). 1 % Sparks-Withington. . 7% Spencer Kellogz (60c) 1 Spiegel-May-Stern. . 13% Standard Brands (1) 121 Stand Brands pf (7). 1 Stand Com Tobacco. 5% Stand Gas & Klec. 8% Stand Gas&EI pf 17 Stand Gas&El pf (6) 20 Stand Gas&El pf (7) 3% Stand Invest Corp. 19% Stand Ol Calif (2) % Sterling Secur (A) 1% Sterling Secur pf. 214 Stewart Warner. 5% Stone & Webster. 1% Studebaker Corp 9 Studebaker Corp pf.. 35 SunON (1)..... 7% Superheater (50c). % Superior.Ofl. 2 Superior Steel % Symington . % Svmington (A) 8% Telautograph (1 x Pactfic Coal&Ofl. 3% Tex Pacific Land Tr 5 Thatcher Mfg Co 2% The Fair. . o 1 Thermoid Co 4% Third Avenue 10 ' Third Nat Inv 5% Thompson Products. 3 Thompson Starrett. . 3% Tide Water Asso Ofl. 231 Tide Water Assoe pf. 45 Tide Wat Oil pf (5).. 135 Timgken-Detroit Axle 13% Timken Roller Bg(1) 2% Transamerica Corp. . 2% Tri-Contl Corp. .. 20% Trico Products(2% ) . 2 Truscon Steel 9% Und-Ell- ensoc) 19% Union Carh & C (1) 8% Un Ofl nf Calif (1) 61% Union Pacific (¢) 10% Un Tank Car (1 4 161 Unit Afrcraft. . 51% Unit Afrcraft p: 13% United Biscuit (1.60) 10% Unit Carbon. 4% Unit Electric Coal... 1 Unit Fruit (2).. 204 Unft Gas&Im (1.20). 330 Unit Gas&Im pf (5). Unit Piece Dye Wks. U S & Forn Secur, U S Freight, .. U S Gypsum (1). U S Hoffman. . U 8 Ind Alcohol. U 8 Leather. .. U S Rubber 1st pf. U S Smtg & Ref (1). USSmtg&Ref pr3y 23% USSteel....... Univ Pictures 1st Df Univ Pipe & Rad pf.. Util Pwr & Lt (A)... % Vanadium Corp. ar Chemical 35% Va-Car Chem 7% pf. 65% Va Elec&Pw pf (6).. 12% Vulcan Detinning. 1 4 Wabash R R % Ward Baking ll% Ward Baking pf d ‘Warner Quinlan Warren Found & P.. Webster Eisenlohr. . Wesson O & Sn (50¢) Wesson O&Sn pf (4). West Pa Elec A (7).. West Pa Elec pf (6). West Pa Elec pf (7). West Pa Pwr pf (6). West Pa Pwr pf (7). 2% wum-n Dairy pfA.. Western Md 2d pf. Western Pacific. .... Western Pacific pf... Western Union. Westing'se Alr B(l) . Westinghouse Elec. . Westinghse 1st (3% ) Weston Elec Instru.. Westvaco Chlori: Wheeling Steel . . White Rock M 8 (2). White Sewing Mach. Wilcox Ofl & Gas. ‘Wilcox Rich A ( Wilson & Co. Worthington anp. . 14 Worth'n PumppfA.. 14 Worth'n Pump pf B.. 34% Wrigley (Wm) (3).. 4% 2% Yellow Truck....... 6% 3% Young Spr & Wire... 18% 7% Youngstown Sh&Tn. 1 3% Zenith Radio. 5% 3% Zonite Produ FINANCIAL. > ceoali ULt 459 24 - ¥ FEF 444+ 10 1+ AR | |+ R A e | FEEL S FEF | Ul |+l_ FEEFEEL FEd gt N an FEFLEFSE R | ] - FE lnl-d!u-h-;fln!nm 10 1,150,000 130 P, 8,890,000 Dividend rates as given in:the above table are the annual cash quarterly or hl'll;:fll'l) declarations. payments bused on the Iatest -3 Unit of trading less than 100 shares. Ax i stock a Paid this year—no le ‘in cash or stock. f § Plus 31 in special Mn B ik H o sxef wEes o STOCK PRCES OFF AS MARKET CLOSES Trading Volume Is Lowé¥as List Yields to Profit Taking. BY GEORGE T. HUGHES. Special Dispatch to The Btar. si3t4a NEW YORK, April 31 —Stothd" re- acted today after their violent advancer of the two previous sessions. Starking came down sharply also and the'«ddl: lar rallied in terms of the othem.Bu, w currencies. Commodities<sold on realizing. 7 Volume of trading in. all of M markets fell off on the reaction, which was not out of proportion with.sthe previous rise in any of them. Al timt happened was the normal profit tgking that every speculative market ewperi- ences after an unrestrained mkd ‘movement. B Sterling was down about 8 pomfln the late afternoon, after having been.up almost as much in the early trading. “ | Prench francs were weak, as reports persisted that France would abanden gold payments along with other' coun- tries still on the gold standard...i. . Hovllet\;er in the case of i::m exdml speculators were beginning the intrinsic strength of the fl’l!xr. with the United States so nfmy creditor nation. s Wheat closed off 1% to 135 cemx‘l bushel. Other grains were down..in proportion. pIons In the stock market various groups resisted the trend at intervals, among them the rails, the aircraft shares, the gold minding stocks and the oils;Jbut, taking the list as a whole, moderate losses were the rule. At the opening it was the Tailw shares which were in urgent démard. Initial gains in this group ren from--2 to 6 points, with huge blocks comihg6ut on the tape. Louisville & Nashville, Illinois Central, New York Oéfitral, Pennsylvania and New Hlvtn ‘were among the favored ones. na The advance was so violent fl\fl"h invited realizing, with the result-tihat the gains were reduced 50 per ceif, but new buying then appeared and by moon the carrier stocks were back nearly to their opening highs. Elsewhere there was active -buying of the aircraft stocks, of the localtrde- tions and of a few public utilities. Shorts in Western Union were' H to cover in much the same fashion as in Consolidated Gas in the last -hour yesterday. Next the gold mining stocks -were taken up and pushed to new'! hs Homestake sold at $200 a share fot first time and McIntyre and 'DGHIE Mines exceeded their best prévious prices. This movement had the- justi- fication of the large profit which ‘woufl accrue to gold producers if the gold content of the dollar were reduced. - In that event an ounce of gold culd be exchanged for more dollars in propor- tion as the gold content of each dol- lar was cut. Meanwhile profit taking in the eop- per and silver stocks and in the 'gen- eral industrials brought those shares down 2 to 3 points from Thursdays finals. As a rule they met good 'Sup- port on the decline and there was fio indication ot any change of trehfi o i f PO’IATO MARKET. - - CHICAGO, April 21 (& Unt~] States Department of Agriculture) — Potatoes, receipts, 107 cars; on track, 306 cars; total United States shipments, 689 cars; old stock, supplies maggrete. trading moderate, market firm og. Bus sets and dull on other stocks; Wiscon: ol v nesota round Wl 25, Russets, 135a1.40; few, 145; bakers, 1.55a1.60; new stock, supplies liberal, trading moderate, market steady;) Bliss Triumphs mostly Zm'lfl serse Frself D SETEe EHe SEW REre ks car NEW YORK BANK STOCKc NEW YORK, Aprl 21 (#). —OV!I‘-fl'b counter market: Quotation: of 2 o'clock. Bank Manhattan (2) . Unjted Sta nt104es extr FOR SALE % ° for that “Rainy Day” Shrewd people lay aside a part of their earnings’ REGULARLY to guard against the spectre ¢f <° e gency. Why not opé’ '~ your account NOW to pro- - tedt your future? ® Members Building cnl“_‘ Loan Assn. Council S PE RMANENT uumc ASSOCIATION o Q9 -9% ST. N: Wi ‘ 8 0L N ”“Msm 0. FEEES NEW HOME FIRST MORTGAGES - Paying 6 Per Cent Now Available Limited Amounts: All based on new low con: nu's:s tion cost levels. oars All confined to_restricted estap=- lished Chevy se home com-. 4 munities. dagst If « SAFER FORM of invests ment is known we should B | to be informed of it. 5 ¥ Denominations, $250 o $1,000 Phone Nationsl 2345 NON & LUCHS 1505 H Street N.