Evening Star Newspaper, May 1, 1933, Page 14

‘A—14 wx» FINANCIAL. THE EVENING STAR, WASHINGTON D. C., MONDAY, MAY T, 1933 FINANCIAEL. CAPITAL TRACTION || TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE STOCKS ADVANCED Received by Private Wire Direct to The Star Office. ‘Today's Tods k MAREH NE.I- $2]M3 Note—All New York Stock Markets now ;;r;v w.fl SBtock and Sales Net. ) ~Prev.1933.~ _ Stock and Sales - ]—Pnn 1933~ _ Stock and Bales Net. Iu NEw HIGH Mm Dividend Rate. Add 00. High. Low. Close. Ohge. | High. Low. Dividend Rate. Add 00, Close. Chge. | High. Low. Dividend Rate. Add 00. High. Low. Close. (XII! daylight-mving time. 314 Jonsol Cij 9 8 6% 8 +2 | 62 42 Johns-Manvillepf...110s 61% + %| 15% 64 RadioCorppf (B)... 87 16% 16% + % 83 Consol Cigar pf (7). % & P60 35 Jones& Laugh pf(1) 820s 62 +2 3% 1 Radio-Keith-Orph... 2% 2 e "y 1% Consol Film. 8 2% + % = 8% 4% RR Sec Jll Cent S % 9 + % il g @harp Decline From Year Today's : S eI 5 6% Kansas City Southn., 13 1Y (S ahmemomtad 12 T+ %|Huge Buying Orders Push : ) T 1S DiviendRate. Add00. High, Low. Close. Ohie. Consol Gas NY (3.40). o o pan] 18120 KencityBoupt (. 1 ¥33% 28% Reading Rwy (1). 334 34% +1u Ago Is Shown in In- 3" Adams Express..... 165 7 ‘ 3 Cmvolg:lN!nt(S), 7 +1x ot fg% zgg fin;ilsr“:k?:’n!(h. 271 +2% Leaders to Record 3% 39 Adams Express pf... 631 % Consol Laundrie; 6. 78 - % Kelly Spring Tire. .. 50 2250 Teal Silk Hostery bf. ity w” : dams Millls. .. ..00e 1% 5 Consol O1l Corp. : come Report. i 5% Addressograp I 1% Cons RR of Cuba pfee 1 % S e Ses 2% Remington-Rand. .. Tu Prices for Year. 7% Affliated Prod 1. 1% % Consol Textile..... 2 Kelsey-Hayes (B)... 4% 1% Reo Motor Car.. » + % 47% Afr Reduction (3)..e 1% Container Corp (A). B e bt s ;gy. : fi,pumc Steel 3 I [ BY EDWARD C. STONE. & _ ' Airway Elec Appl... 14 % éun:xn};':{F"pA(B)' 80 Kendall Co pf (6). = : R:::" &f’fi‘m B :; BY GEORGE T. HUGHES. Wet income of the Capital Traction S IE SR T e et e A : 7% Kennecott Copper. .. e L SRR S Special Dispatch to The Star. in March amounted to $2.043.46, % Alleghany Corp. ... = 6% Kimberly-Clark. 61 1% Reynolds Spring. . + 1| NEW YORK, May 1.—StWs cone . Alleg Corp pf $30ww. 36 Contl Baking pf (4) 4% Kinney (G R) Co pf 5 e e teg Corp ) . DAk - 62% 60 ReynoldsTob (3). .. + % | tinued their advance into new high tere sgainst § Alleg Cp pf $40 ww.. 5 Kresge (S S)... 39 26% Reynolds Tob B (3), S e oay & : the gnonth a year ago, according to Alleg Cp pf $30 XW. .. 3% Contl Diamond Fibre 30 1415 Kroger Grocery (1) e tatement filed today with the X 10% Contl Insur (1.20)... —_— e 18 17 Rh-WEIP (h1.07). =t ise Wi smonthly st ‘Allied Chem & D (6) = ) % % Richfield Oil. . 5 The rise was punctuated by intervals Utilities Commission, a decrease 5 2 %% B ngs of 1701204, While the A 4% Contl Oil (Del) 3" "3 LaneBryant.. T 10% 6% Ritter Dental. Y + % |of realizing and partial reaction, but profit. was small, vet the company re- Al G ea e B, 45% Corn Products (3) 8 3% Lee Rubber & Tire. % —%| 5% 2 RossialnsofAmer.. ‘4 + % always volume fell off on the setback nained in the black and scored marked Ty S 1173 Corn Prod pf (1) 5% Leh Port Cement. 23% _17% Royal Dutch + % |and always the advance resumed, some- 4 1 Lehigh Valley Coal. s 28 Safeway Stores (3)., t{;‘nfis under different leadership, but 214 Lehi#h Val Coal pf.. 1 3 i Beea pr B ’ with the trend unmistakable, 8% Lehigh Valley R R. . 80% Safeway Strs pt (7). - ‘ommodities rose with stocks during 3715 Lehman Corp (2.40) ‘ 61s St Joseph Lead. 3 4 i 163 the morning. but they did not hold their 14 Lehn & Fink (2).. 7 St L-San Francisco.. 3 . fains as well. Wheat closed fractionally 4% Libbey Owens Glass - 1 StL-San Franpf.... © 3| patesnder profit-taking. The cotton Liggett & Myers(t5) 2 Savage Arms........ Tarket was 2 turbulent affair. At one Ligg & Myers B (15). 5, Schulte Retall Stores 4 + % |fime the staple was up nearly $2 a S e ol Blores I bale and, considering the extent of the Lima Locomotive. .. Scott Paper (1.40) gain, it held remarkably well. All the 6% Link Belt (40¢). ...« % Seaboard Air Line Joanor commodities were up more or % Liquid Carbonic 15 Seaboard Ofl (f50c o .nd nearly all of them made new 813 Loew's Inc (1)...... Sears Roebuck highs, Loews Inc pf (6%). 1% Second Nat In 4 (The dollar weakened again in terms % Loft Inc 24 Second Nat Inv pf. 6 of foreign currencies, but was a little Tofting e ¢ oot e iioy better, measured in sterling, in the afts Lorillard (P) (1.20) . g 9 Servel Inc. . ST ernoon than in the morning. Stocky e o a0 o = e : : closed strong, with prices not much bey Lou GaskBL A (1%), 19 18% 17% Lo oo low the best and with the aircraft stockg Louisville & Nash... 123 407 . Sharp & Dohmepf(?) 3 5 assuming the leadership. Ludlum Steel Shattuck(FG) (24c). &7 or’;fi;lf";vokré;xfsngt opened with a 1 5 3 ; y p p 3 Shell Union Oil. . ... Sumia v the dems 3 1 354 ;L::gr;:r::{:z;s:sl; Sheil Union Oil pf g.ralstratlun of Saturday. Large blockd fares, a difference of 340,214, 1 AT Co 48 Detroit Edison (4) b iaad . . Stmmons Co. ....... 15 4 Pt out on the tape, nearly all af Traction's Report for Quarter. | Am Intern: g 1715 Diamond Match (1 4 McCrory Stores A 4 ' Simms Petrolm (25c) X 6 save In » fow coese gains, howeves, tal Traction's report for the first | Am La Fr & Fom pf. P 264 Diamond Mach pf 13 McCrory Stores pf. 4 ; Skelly Ol ... 8y o Soum ® few cases, were moderate T Capil e o S Dhcen Ve 12 Dome Mines (11.80). i 3 McGraw Hill Pub. .. T 3y Sloss Sheffleld Steel.. 1 Heaynt. American Can started in quarter shows operating tevenues of Am Tiocomotive .ot 10% Dominion Stores 1.20 Mclntyre P M(1%).x 5 Sloss-Sheff Steel pf. 6 ? foarly 3 Joints and U. 8. Steel WS008, BEaia A i Am Mach&Fdy (80c) . 104 Doug Adreraft (75¢) McKeesport TP (4). 32 75 73 Snider Packing...... 2 4 2% + % | ferred was up between 2 and 3 poin crease of over 3127000, Bapenses BC ‘Am Mach & Metals. o 6% Dresser Mfg (A).... McKesson & Robbins 53 3 ‘ Socony Vacuum 40c. but on the average the advance B B T4 os 41, Iavin ‘Am Mach 244 Dresser(SR)Mfg (B) McKesson & Rob pf.. 29 : Solv Am pf ww(534). confined to fractions of a point or 721.99, @ saving of $84.08241. leaving e oo i D Kem o 0 e D ; There was no diminution in_activit an operating _income for the tiw E Am Metal pf. 3214 Dupont de Nem (2).. Mack Trucks (1). 50 2 - 1% 7% South Cal Edi=on(2). 2 2 athe Arst balf hour 1400000 sha months of $74.136.50, against $117-; 7, Am News (1%5). 9714 Dupont deN db pf(6) Macy (RH) & Co ( " é Southern Paciflc. ... 18 changed hands, which was the larg 050.71, off $42914.21. ; A Bover & Light — Madison Sq Garden. 35 3 Southern Railway. .. : ¢ fotal for trat period in three yea e st 210 Atp P&L 35 pf (1% Eastman Kodak (3) .. Magma Copper 31 ; Senites Yaiway ot - ] i, ticker was swamped and at hat lower than a year ae0, % % Afh P&L $6 pf (1% Eaton Mg C Mallison & Co. « Sparks-Withington. . time during the morning was 15 mf e drop in gross was slightly more A5 Madlator e Manat! Sugar, 5 3 Spencer Kellogg (60¢) utes behind business on_the floor A e reori Am Rolling M " Electric Boat. Manatl Sugar pf..... 13 G S daDranme ). 5 s ol rely, on il bofutlam bonds and other deductions absorbet Am Safety Razor (3) g Elec & Muslcal Instr, § Mandel Bros. . A Stand Gas & Elec.... 13 or_information up to date. $94,654.75, leaving a net deficit for the % ‘Am Ship & Com..... u Eleo Pwr & Lt. . Manhat Elevmod gtd 8 : % Standiga=aEIpe (6. M| odhe pace was maintained until nearly first. quarter of $17.41233, ‘n compar- ‘Am Shigbuilding (2). Elec Pwr&Lt $6 pf. .. 3 ‘ 4 Manhattan Shirt. ... ’ o A Golp = il oo tere was & let-up. Mean ison with & net profit of $28.747.83 in | reRE ; S Bloo ParhLt 41 b, 5' Marine Midld (80¢). 8 Stand Gas& . 7 while stocks were in Supply. the. ris the like period & year ago, a difference Am Sm & Ref 6% pt. ] Elec Storage Bat (2). 6 Market St Ry pr pf. . % S . was checked and there as a scatf of $46,160.15. 2 Am Sm & Ref 7% pf.. 5 Flk Horn Coal . Marlin-Rock (1).. B B 2 9 s 0" of declines, most of them, however, un, The Capital Traction lines carried 25 Am Suft (13%) . e, 2 an = e v Sy ¢ Macmon Motor Car.. 3 ; ) 1 9734 important in amount. On this reac 9,123,668 revenue passengers in the first | Am Steel Foundry T 12 2 4 6 Endicott-Johnson(3) Marshall Ficld & Co. &3 ‘9 . 2% Stand O1l Kansas. 5 ' | volume decreased and close observ quarter. In the same period last year, Am Steel Fy pf (2)on 5 5 5107 natott soke v i1 2 Mathieson Alk (113). 52 231 5 22% Stand OIIN T (1). 3 354 33 could detect no change in trend. fims passengers totaled 10,421,950, a Am Stores (12%). . 4 P Engineers Pub Svo. - Mathieson Al pf(7). 5 Starrett (L'S).. 2| While the buying was at its heighi = oo + Sresssyes 1 ++ (333 R Sl +++1 reas 2 & Fos se"ReErEsEReeEES | o Tovement over the previous month| g gt iy AT the February teturn showing | - A & deficit of over $14.000. At Rank Note o (3> Operating revenues in March totaled A Patte $256,868.79, against $295,86040 in the A Resteet like period & year ago, a decrease of| 1g Am Brake Sh&F 60c $3899161. Operating expenses and| gg 4913 Am Can (4). . faxes took away $224,000.70, compared | 128% 112~ Am Can pf (7 , with $247,636.20 in March. 1932, a Te- Am Car & Foundry. . duction in expenses of $23.626.50, and Am Car&Foundry pf. Jeaving a met operating income for the| "3 Am Chain.. month of $32.85900, against $48.224.20, | 313 Am Chain pf. .. T it a decrease of $15,365.11. Am Ch.cle (13). . 614 Cartis Publishing. .. Non-operating income was _slightly ‘Am Colortype. b 2 X A CEtsnuIns Yower than in March, 1932, while gross | 22 Am Come'l Aleohol. + 1% 21 21% + 3 N Cusramme e income was down $16,24136. Interest Am European Secur,, € i ) 2 Cltae W ghe and other deductions calied for $31.- Am & Forelgn Pwr.. 433 o meh, 090.78, leaving the above mentioned| 137 Am&Forzn Pw pf(6) 15 3 5 S S 2,043'46 net income. 9 Am & For Pw pf (7). 1% Davega Stores (h3) * Revi assengers numbered 3.201,- ¢ Am & For Pw 2d pf.. - 6's Deere & Co pf (20c) wentiespassengers mumbered 204 Am H:de & Leather, . 5 6% 8 37% Delaware & Hudson.. ot oa¥ lines carried 3.541,685 paid i Am Hide & Leath pf. 17% Del Lack & Westn. .. sarel, car s < S 1 291; Am Home Prod (3).. 12 377 5 2 Denver& RG W pt. 2Y Crosley Radio. 14% Crown Cork & Seal 2413 Crown C&S pf (2.70). 16 Crown W P 1st pf(4), 1 Crown Zellerbach.... 9 Crucible Steel.... Pht+ i+ Lt 44+ |+ 2 Fresse 1 L2 444+ 52 k0 1% Cuban-Am Sugar. ... 10 “uban-Am Sugar pf. 44 ERE Rt A R mrs & FESEFEFTE i I+1 91y 4. & 4 ®F FrrsEss Ve LH++444 Vbt L+ +++ [ FEEEEFES ot ® BE Bs i rence in favor of 1932 of 1,298,282.1 Am Sugar (2). 3 Eng P S pf ww (514). ¥ g Dept Stores (1). P 2314 + Sterling Secur (A). the list of “new highs” steadily leng ivate automobiles, busses and the Am Sugar pf (T 9 ! Eqalts A 2 3 3 Sterling Secur pf. 3 3 ened. Practically all the pivotal stocl O e e the'cause A SugarpL (D) o g Hauitable Of BIA(1).. 5 Sl , 5 Stewart Warner 5 rlr’r:‘d‘:dng tpeaks pr{ces. among umk: he company's drop in_trafiic. 313 Am Tel & Tel (3 29 103 - L, Melville s g ; Stone & Webster 7 d States Steel preferred at % While the. Boancial statement makes o A abincs. mf e e 2 - X 5 - 5 Studebaker Corp. . .. American Telephone &p']'elegnph .b:,% no reference to the proposed mfrg:-sr Am Tobacco (B) (5). 19 3 = 2 Mengel Co pf. ; 29 974 - 3 ?undal‘;n::‘e: Corp pf.. 20 § A i :gfs. :&13:1 gzh:r:écnl- at s_i_.haenem Mo= it iomasts el 12 08 AR TTpeBcR T Nk i airbanks-Morse: .. | T s e , Superneater (5t6) ing foday was made by ine tue. grousd Working steadily on the proposals which | 19 "y Am Water Works(1) E 2 Fashion Park Asso. . . « 3 Midiand Steel Prod. . y Superfor Ofl..... " which had been relatively neglected lasy will begplaced before the stockholders| 1 913 Am Wat Wks etfs(1) 83 % 15 deral Lt&Traclon. o+ 0% 26 MidStlDPrd 1st pt(4). 4 Superior Steel week, the utilities and the rails. in July for their approval. What the Am Wat W 1scpe(6). 5 5 : Federal Mot Truck. . Fblditg i ; ¢ 3 Industrial news was mixed, but mory Capital Traction will offer the stock- 7 Am Woolen 8% & g Fed Water Service A 2% - % Minn Moline Pow. ... o Telautograph (1)... favorable than otherwise. The best res holders in the way of an exchange for s 22% Am Woolen ; & a'd Dep Stra(60c) .. % 17 3 S s 3 Tennessee Corp..... 3w 3 3 ports came from the steel trade, with the present stock is ot known: in fact, Am Writ Paper E Fidelity-Phoen 1.20., Mitne e St it : v Texas Corp (1)...... - an increase in the rate of operati the ‘provisions of the offer have not Am Writ Paper pf. .. B Eitesions TAB(UC) A ot 4 Tex Gult Sulphur(1) : and an advance’in the price of s been completed. ,But it is understood | ¢ Ha bl s i 5 5 % Firestone T&R pf(6) Ms can's Tean: e : : scrap of as much as $1 a ton. On the that conslderabit"progrf‘is has recently E Am Zinc & Lt:\d-pt 313, F.lrst‘!\'nl Strs 2). Mo Kan & Te ;;x‘l:;cm%;‘méa Tr. 5 % 4 %4 | other hflhd. the president of the Atchie been made along this line. 54 5 Anaconda Coppers RO Missourl Pacif The Fair pf. ..o\ son oad was quoted as saying that he District Banks Reduce Loans. Anchor Cap (60c) . orAnabes Dros. Missour! Pacific pf.. : oo surprised” if it was shown [ I R fd bbb b bbb+ 5 L4 A i ¥ AL L+ wn aagada nunnnAnn FEEE : Anchor Cap pf (612). § i od MutIiuecy Mohawk Carpet. .. .. ditenclaiCo 2 - that the road had operated “in the red” lime otidisconrits. B z Fourth Nat Inv 1.10. Wt of the large volume of disc Armour of Il (A)... Mother Lode. . B vEoR braai ts s & et e pliey by e the circulation of Federal Reser Associated Appare Mullins Mfg 33 1% Tisken DETot ASle. 68 S 3 e e e T sen 2! . 1 5 3 A bank said the banking holiday retard- 3 Atchison pf (5). 3 Gen Am Transp't(1).. 4 23 + Myer (FE) & Bre... 4 % Tri-Contl Corp 9 = B! 2 that business has been in about the 60 Atias Powder pf (6) Gen Cabie. ... 2 at Acme Co. Ean ntan (@) Reporting a “marked change” in the % 9% Baldwin Locomot pf. Gen Electric (40¢) at Dairy Prod 1.20.. 400 19% Union Carb & C (1).. : Star Un Tank Car (140). 514 1 i | Bklyn, Trust (4 April 15, it was said that member banks, Bang & Aroost (2)... At K 1m’?)smmp., L P it e Unit Biscuit pf (7).. vaults, lowered their reserve balances B e Sen Motors (1)..... 257 their borrowing at the reserve. 7 ol Bele Ry Dr I 409 ¥ Gen Public Service... 8 g = Sucety 2 3 % Unit Dyewood g N Ry ptp 4 3 N t Ind i deposits which were withdrawn during 251 Bethiehem Steel pf.. 32 52° : Gen Refractorfes.. 12 2 Sanort Andustries Unit Gas&Im pf (5) r cent below debits in the correspond- > Bon Amli (A) (13) 1 . Gimbel Bros pf. T COM&StLpf. .. S & Forn Secur. There was no improvement in em- G & Detocs Ml €0 Goodrich (B F). 9%, NY Investors. . Gypenti il ek open for subscription . . . N Y Shivb'l4 . the usual level in amount. Coal pro- T B A Gaen Gotham Silk Hoslery u £ (10c) S Leather (A) 3 Secretary serve Bank of Rich- ey % o e Foster-Whesler. . ¢ 1 Third Avenu __ |in April, The Federal Re: Archer-Dantels (1) Monsanto Chem 1% . Third Nat In 8 Standard Oil of New Jersey made 8 " K V] Q 2 Fox Film (A)... by Federal Reserve Bank when the| o Armour of 111 (B).... 9 ' - Motor Meter G & El 3 > 3 iday . Freeport-Texas (2). = Thompson Starrett. . cents a share i B now been Y g nstead of the 25 cent banking holiday ended, has Armour of 111 pf. Motor Products. 3: Tide Water Asso Ofl. quarterly hitherto paid. This is nc notes has also declined materially. : 33 Asso Dry Goods. 9% 9 b v » Mullins Mfg pf. 308 3% Timki ller Bg (1 In its monthly review of credit, busi-| 32 15 Asso Dry G 2d pf. ; 5 ® ’ e wierirc | 2 b it = S s L2 NEW YORK BANK STOCKS ed business in the Fifth District cur-| 29 5 Atlantic Coast Line., 3 7 % Gen Asphalt. . 2 - — Y 264 20% THeo Producis(2i), Guolations etorz o ing the first half of March, but since Atlantic Refining(1). 22t 9 Gen Baking (2). 3 = : ash Motor. 170 = et % - o'clock. > 3 - : p 1% % Ulen & Co. £ 1 Chase Natl n volume as in the weeks precedin: 31'¢ Auburn Auto (2)..... 5 Gen Cable (A) at Bella Hess pf... 1 . Tnd-E1L fiqz;mh:mda; with ind!canonsp of sca% 515 Aviation Corp (Del). 52 Gen Cable pt. at Biscuit (2.80)..." 107 23t * 9% Und-Ell-Fisher(50c) City (1 o Public (2) - a 3 31 8% UnOllof Calif (1).. 55 3 t i Gen Elec spec (60c) at Dept Strs 1st pf. 150s . ol e é}“’re};fi‘,’éfiag‘ ; B e Gt Hocaer180). Nt Dl a0 A nion Pacific (§) . 2 TRUST COMPANIES. . 3 it Afreraft. e Gen Italian Ed h2 + 3 at L - L finding no unusual demand for cur-| ‘g "Ry Barker Bros pf Lol ¢ . £ 313 8 Unit Am Bosch. rency when they reopened following the 3 Barnsdall Corp. Gen Mills (3). Nat Pwr & Lt (1) 3 3 3 1 5 5 e : » . Unit Carbon. at the reserve bank, increased their 5 Beech-Nut PKg (3). s 6 g:g glolzgrs "’A:,s,) . 1; Nat 2‘\:;:.)::; (.‘0 Tnit Corp (400) . investments in securities and reduced| gi %1, Belding-Hemingway, utdoor Adv. Supply p : i 5 Nat Tea (60c). Deposits, both demand and time, were Bendix Aviation. .... : 5 Gen Ry Signal (1) 34 28 U Unit Electric Coal said to have advanced moderately, BetRC 4 : Gen Realty & Util 16 Neisner Brothers. B ) : : : % 11 “ Newton Steel. .. 3 3 31 ks preceding the holiday. Debits | 7y, e o Gillette Saf Raz (1).. Vew . 3 P o maivAdual accounts. during the first 5% Dlzslon-contonte- : - Gillette Saf R pt (5). - NIainaks : U'S Distributing pt- 8 ENTERPRISE SERIAL four weeks after the holiday were 13.9 Sobs Alim b Siess 9 Gimbel Bros. . . s g four weeks last year. 3 Borden Co (1.60) b & b Seoipt : 7th St. and Indiana Ave. N.W. Cotton Consumption Up. 1 5% Borg Warner. &3 o 2 ‘ NY oyment conditions during the period L st Goodrich (B F) pf.. . -3 NYNH& S Hoftman D e xomt njisone Vscasonai | 1 e Goodyear Tire&Rub. y NYNH& Hart pf... Ind Alcohol . - Payments on shares $1.00 duction declined both from the previous | g BkIyn Unfon Gas (5), Graham-Paige. s 2 N Y Shipblag pf (7) PipedTay (s06y. each, payable monthly month and from the same month a Year | 431 2815 Brown Shoe (3). o sy 7 & 315 N Y Steam 1t pe(7) . Realty & Imp. Member of Building Association C of District of Columbia. Uosr s rr reported today that about half % ot Del pf(1), ; « Foundation Co Mont ard.. 106 ard and aep ¥ G PGt 3% 13 oDlgomery ard 108l Thompson (J R) (1) 9 change in its dividend policy by de- v ing banks, and 4 1d Constable. 3 ¢ 0527 Ereepori-Texnf (6). Motor Whee 2 4 . paid off by the borrowing Arnold Constable otor Wheel 284 Tide Wates Assoa vt 11 || Canee th the e e ness and agricultural conditions, the 34% Atchison Gen Am [y pf ww av Corp.. 27 % Trensue s Willas: that time available reports indicate 9 Atlas Powder .o 3 5 o 5 2'4 Gen Bronze. ash Chat & St L. BANKS. Bid. Asked s et 1 513 Union Bag & Paper.. sonal increase in some lines. e Gen Cigar (4. a1 Cash Rex (A). . 132 . member banks between March 15 and | 7g° 6s'; Bamberger pf (634) ., Gen Gas & Elec (A at Dist pr pf nion Pacific pf (4). Bankers (3) Yo 1 T'nited Biscuit (1.60) holiday, have reduced their cash in| o Lol » Can Mills pf (6) Unit Corp pt (3) although they have not regained all the % Bethleham Steel Y 5 = Gen Kealty & Ut f¥eEanxCun Conper: Unit Gas&Im (1.20). N ¥ Chicago TS Bxpress ; BUILDING ASSGCIATION Gold Dust (120) N Y & Harlem (5) e ) s Boston & Matne. Gypsum (1) 30 28 4 70th Series of stock now G ) 3 %« N Y O W .o work, and that was probably not up to| gor RGeSt Goody'r T&R 1st (2). TOonta westamn Leather. Granby Consol " : N Y Steam pf (6).... James E. Connelly James E. Shea me : Tesiaen 3 ago, although West Virginia continued Lt A S Srand Union. ... Rattes Rubber 1st pf. .. Smtg & Ref (1) Smtz&Ref pf 3% U S Steel..... U S Steel pf (2). U S Tobacco (4.40 % United Stores (A) 21% Univ Leaf Tob (2) 1% Univ Pipe & Rad FIRST 1% Uti] Pwr & Lt (A) MORTGAGES % % Vadsco Sales Corp. %% % Paying 6 Per Cent li«: Tt Van Raatteo s Now Available in Limited Amounts 7 3% Va-Car Chem 6% pf. 85% 65% Va Elec&Pw pf (6).. 108 All based on new low construe- tion cost levels. . 27% 12% Vulcan Detinning... 690s All confined to restricted estab- lished Chevy Chase liome com- munities. If a SAFER FORM of invest- ment is known we should like qqagqaadcaag nunnnn lead the country in output. Testile FrunsTern G R SER e ion % RoEanBeIl(a 108 fims in the di.\tgicb use% 1:;; c((:lmn per Bucyrus-Erfe. .. P g:::il:‘sn%s(tlo)e}u) - g Norfolk s We nt(u). day than in February, but cotton con- b et () z % y . oEe & Westiue (O Sumption 1n the Carolinas and Virginia GrestNerherint G y e nAm Aaaton in March exceeded consumption in 2 Budd (E G) Mfg..... 7 Great West Sugar + 4 North Amer pf (3).. March, 1932. South Carolina led all| Budd (E G) Mfg pf.. 1508 7215 Great Wn Sug pf(7). 8 4 North German Lloyd States in average hours of operation Y Budd Wheel. S % Grigsby Grunow. ..., y 7% 9% Northern Pacific. .... per spindle in place during March. 5% 215 Bullard Co. 9 iR Ak b et Wale (3) Retail trade in the district averaged 7y Bulova Watch. 2 215 Guit Mobile& NoF pf. . 214 K Tire & Rub. ST e e B Teaar o b T 9% 4% OhloOIl. : nder March, ut in view o 2 ; Bush Term o - g;gking holiday this year and the oc- 4 B\ltteCo{\%fl&ZInc‘ 12 2;‘ }}:fiff;e\;g&r’al% z . 34 ;": 8}:3:;&;?;5%\:‘!2.. currence of Easter in March last year, Butterick Co 5 SR ; - B onveE BRI e ea e “l;‘MflTCh e el Byors (A 30 ;3‘;‘ Hamilton \\'au.‘h.‘ 3 2'3 Oppenheim Collins. . w\s? i rad in fivi e Hanna pt (7). 10'% Otis Elevator(60c) . ey b g e 8 7% California Packing.. 43 Harbison & Walker. 931 Otis Elev pf (6) lines was less than last year, but better A 14 Callahan Zinc & Ld. . T Hartman Corp (A).. 15 Otis Steel. than in February this year. Galiimet& Heola, 2 S SO 4 Gk SnEsieal Daylight Saving Under Way. 2 (‘:\mphfll—\\'éa:tu)y. 3 7% Hat Corp (A)....... 314 Owens 11 G yli saving started off in the & Canada Dry . 4 Havana Elec Ry pf.. RO conditions today. The New York Stock Cannon Mills (1) 3 , 3 691 Helme (GW) (17) Pacific Lighting (3). Exchange opened at 9 o'clock, every 5014 Car Clin & O sta (5). * 3 i % 15 Hercules Powder 1% Pacific Mills board room in the city being thronged 4 Case (J 1) pf (4).... 32 % 85 Hereules Pow pf (7). Pacifio Tel & with speculators and investors, in spite :_Be (J 1) Co. . 7 354 Hershqy Choc (3).... of the earlier time. Everybody seemed ( 13 el e 64% Hershey Choc pf(15). to remember that the Summer schedule Simes Lo : 31 Holland Furnace. ... Sl iy % Celotex vie, . ivm % 145 Homestake M (110 The opening was one of the most ac- Cent Asuizra (135). - 18 8 ¢ % 1 Houdaille-Hersh(®g) tive since the wild days of 1929, when Cenl Rk ot NI 84 Houston Ofl. o stocks were boiling ac_every session. ensuryRIGECIES 2 1% Houston Oil (new).. The volume today was faster than the Cerro de Pasco, % % 5% Howe Sound (40c) tape could handle and the substantial Certain-teed Prod... ’ % 11% Hudson Manhattan. advances over the week end caused a [Eheckst CouN = : % 274 Hudson Man pf (5). great deal of enthusiasm. Ches & Ohlo (234) ... 2 ¥ Hudson Motor Car The Washington Stock Exchange has s i i ; not vet changed to the Summer time, 2 o sy . P 814 Illinois Central. today's session opening at 11:15 o'clock. L e o 4 16 Illinofs Central pf. ;‘he flrs6 sale was ‘tn Pab'om:g El:g;?fi = Chi Great Westn pf. s ® 31% :2:’1’!‘:1‘:’!2:{‘;‘(‘:;:1) S i Chi Mil STP & Pac. 24 Indbstrial Rayon (2) 2 _ 14 Chl Mil StP & Pac pf. Y ns b Tha very small acale st 8 { Chi & Northwestern. ‘B 1 e Bteet s o while Mergenthaler Linotype registered | ' 2, Chi& Northwestpt, 8 ] 2 Inspiration Capper., e eshingven Rallway & Electric pre- CHRGKIE e 44 Interboro Rap Trans. ferred figured in a 15-share turnover 312 CPIR I & Pac 7% bf. 5 Intercontl Rubber at 80':. L Chi Yellcw Cab (1) 2% Interlake Iron 3 i Chi Y .. 9% Pillsbury Flour (6 8% + &% White Rock M S Heard in Financial District. Chickasha Cot O(1)., 88% Pirelli Co A (h2.57). - 1;* Wileox Ol & Gi The Departmental Bank was making Childs Company 2% Int Carriers Ltd 206 ., % 4 Pitts Coal. & payment of 20 per cent to deposi- 6% IntCement....ceeeus. 17 Pitts Coal pf.. ok fbofl Ayjwlie e Hor HEDRS IO Vol / ; . % 3 IntCombustion...su % % 104 Pitts Steel pf-.. ings Bank was making a payment of City Ice & Fuel (2), % 6. 1% IntCombustion bt 2 3 % Pitts United Corp, 1215 per cent. It was the second pay- | City Ice&Fuel pf 6%. 13% Int Harvester (60¢) Y 15% Pitts United pf. A Al ment by the Departmental Bank and City Stores........e % % ' 80 Int ester pt (1) 4 1% 64 Pitts & West Va. 6 10 Wt AP PER! aly. the firsi by the North Capitol Savings| 15 Cluett-Peabody (1). i 2% lmu’“"drvo_mm A e % % Pittaton Co. 1 it s Buildin, d Bank. Cora-Cola Co (T).... . b? 6% Plymouth Ofl. Wm) (3. Member Bu g and Agricultural prospects in the fifth! 1: Colzate-Palm-Peet. . 3% 125 13 i e e % BoraCo B, . # 34% Wrigley (Wm) (3) Loan Ass’n Council district are said to be better than at Collins & Atkman. 4 2 N 1% Port Ric Am Tob(A). the same time last year, and surplus| § 4 Colo Fuel & Iron 5 ket LR w| 1% % Port Ric Am Tob(B). stocks have been reduced. One un- 12'% Colo & South 1st pf.. ! 9 3 Int Paper & Pwr (B). 4 Postal Tel&Cable pt. favorable element s the axpeoted in- o Columb g&El;bA!D:)). i 3 % % Int Paper & Pwr (C).. 12 s Pressed Steel Car. ] crease in tobacco acreage year, olumb Gas pt A(6). Pwrpf..) 3" Pressed Steel Car p: 8% 20% ungstown Sh&Tn. 100 but the sppearance of blue mold in 6% Columbia Pict vic. A f“ It ;;Wé:tml;ft“ e et - _20% T4 Youngstown ShaTa. 37% 37% some sections may prevent too great 2314 Columb Carbon (2 e production, the Richmond Reserve Bank 4 Commercial Credit... N 5% 3% Zonite Products..... 38 * . 22 20% 22% - says. 4 16 Comc'l Credit (A).... : 8 Public Sve NJ pt (6. Sales of Stocks on New York Exchange. PE MA P e 4 181 Comel Cred pf (1%). ! O T 100 M 1400000 " 13:00 Noon. ... 3050000 R NENT 18" Comel Cred ot B (2). v 36 34% 130 PM. ... . 4650, 110 P.AL... .. 5,110, PARIS BOURSE PRICES. 18 Comel Inv Trust (2). ’ | 52 &T o o! 1 5 % % Dividend sates 85 siven in the above table are the annusl casn | o BUILDING ASSOCIATION PARIS, May 1 (#).—Three per cent “ 9 Comecl Solv (60¢c).... 3 30 Pure Oil pf (2) 130s 39% 37% 39% +2% | payments based on the latest quarterly or half-yearly declarations. "-.“ st N fentes, 66 francs 65 centimes; 41, per R 1 JowaCentral RR.. 1 — %] 15 5% Purityakeries (1). 16, 15% 15% + % *Unit of trading less than 100 shares. {Partly extra, tes, 86.95. 50 21 Comwith & Sou pf(6) P R L 7 4 wlonm sk, 8660, The 11% 7% Congol-Nairn (60g). 12 11% + %| 85 28 Jewel Tea Co (3),,,0 11 3364 34 6% 3 Radio CQrD.......0o 338 + %! ook o it B I Mt s a0 7ok - 40 b on Lond 3 % 6% ollas was quoted 8t 230 6% Congress Clgar ( §% 10 RadigSUP Rt hime . 1 B 2 3.4 - ‘e ‘B i e an NEW HOME B e A BN I Forrssfer resfia '+ oAbl R I«&.e & £+ 1% Wabash RR . 11 Wabash pf (A). 5% Waldorf System (1). % Walworth Co. 214 Ward Baking ( % Ward Baking (B) 1 Warn Bros Picture Panhandle Pro&Ref 215 Warren Bros. s arren Bros. : % Park & Tilford. .. 73 Warren Broscv pt. to be informed of it. 4 ;: ;—; g;neh’i‘r.u o 5 Warren ll‘lo::und 1").?‘ . Dencminations, $250 to $1,000 - 1 Webster Eisenlohr. .. 3 2 % Paths Exchange. ..., o 7 Wesson O & Sn (500) e Deka Al i 1% Pathe Exchange (A). 2% 40 Wesson O&Sn pf (4). 5% Patino Mines. .. 30 WestPaElecA (). 25% Penick & Ford (1)... 33% West Pa Elec pf (6) 19% Penney (JC) (1.20).. 37 West Pa Elec pf (7) 3% Penn Dixle Cement.. 8 2 West Pa Pwr pf (6) 13% Penna RR (50c). . 92 West Pa Pwr pf (1) 41% Peoples Gas Chi (5) 2% Western Dairy pf A 8% Pere Marquette. 9 9 7 Western Dairy pf B. 41 Pere Marquetta pf ” 4 Western Maryland. . 6 Pere Marquette pr pf 140s 5% Western Md 2d pf.... 6% Pet Milk.... 4 1 Western Pacific. 4% Petrol Corp of Am. 8 % 1% Western Pacific pf. 4% Phelps Dodge... 17% Western Union... 2% Phila & Read C&1... % 4% 4 11% Westing’se Air B(1). 8 Philip Morris&Co(1) 19% Westinghouse Elec. . 4% Phillips Petroleum. . % 60% Westinghse 1st (3%) [90s 134 Pierce-Arrow. 314 Weston Elec Instru.. 3 % PlerceOll. .. % 5 Westvaco Chloring 5 Plerce Petroleum. 7% Wheeling Steel. & e & i 3 #?J’!*f FEFEFEFEFIIL FE S ® FOREe & Ul 4t |+t o+ - §EEFERSF ISHANNON & LUCHS Mortgage Department 1505 H Street N.W. e T R e R hAy ey & Start Your Savings Account Today at the National Perma- make_regular posits (even if small amounts) EVERY pay. day. Your cash reserve FEFFER FE 2a® s sErvaeseas 1ok | ¥ REREREL i+ - & I++14++) 14441+ 1414+ - - & 12 8. 9% 26% . 124 Johns-]