Evening Star Newspaper, May 4, 1933, Page 14

A—14 ¥ FINANCIAEL. THE EVENING STAR, WASHINGTON, D. O, THURSDAY, MAY 4, 1933. FINANC —_ = -, WAR &N, 1. O, THURSIAL, JA - SHOESALESLEAD || TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Tow " Dividend Rate, Add 00. High. Low. Close. W. Dividend Rate. _ Add 00. High. Low. Close. Chge. | High. Low. = Dividend Rate, Aaa 00. m Low. Close. an High. Low. Dividend ruu 18% Abrm & Straus 1.20.. 4 26% 1% Cons RR of Cuba pf. 1 5% 5% B4+ %| 18% 6 Kelly-SpTire6% pf. 15 1 % 2% Remington-Rand. 3 Adams Express. 4 T % Consol Textile...... 2 k) % 2% 2 Kelsey-Hayes (B)... 1 ' Groceries Second and Hard 8 Adams Millls. 2t 3 3 5 5 134 Contalner Corp (A).. 4% 4% 4% 8% 3% Kelvinator Corp. . 146 % Sontainer Corp (B).. z 1% 2 4 %| 18 7% Kennecott Copper... 591 u % Addressograph. % 4 S 3 Contl Baking (A).... o T %+ %] 11 5% Kimberly-Clark. 2 + % Republic Steel pf. % 2% 1% Adv Rumley. . P . 3! ware Third in Returns Lt T AMitated Prod 13 1 Airway Elec Ap) for March. 113 Alaska Juneau(60e) . 1 Albany Wrap Paper. PR s res wx"ex w2 Fraws’ % Contl Baking (B) 1 10% 5% Kresge (8§8).. 166 Revere Copper. .. 36 Contl Baking of (4).. 3 46 100 88 Kresge (SS) pf (7) Revere Copper (A).. 85% Contl Can (2).... 1 52% 33 27 Kress (8 H) (1) Revere Cop & Br pf. 3% Contl Diamond Fibre 1 6 6 30 14% Kroger Grocery ( Reynolds Metals(1) 10% Contl Insur'(1.20). 21% 1 Contl Motors. 2% 61 371 Laclede Gas pt (5) ity oanEroducts : o % 5% Leh Port Cement, 174 Corn Prod pe (). s b e ) 5 e % sl LalisanCorp (L0, 4 o Lehn & Fink (2)..... 121% 115 Allied Chem pf (7). 2% Crosley Radlo. .. .... 6 11 6 RutandRRp the smartest gains in March, over Feb-1 “y3s, "¢ Allls.Chalmers Mfg. 14% Crown Cork & S 24% Libbey Owens Gla. . Liggett & Myers(t 28 Sa ruary, of any of the leading wholesale| 10% Alpha Port Cement. . 2:“' e g:‘llsel:;."_fh"“' 1 33& LigE & Myera B (15) ay Stra pf (6). 408 lines as reported by 61 of the largest| .2 % Amal Leather. . 2 Lige & Myers pf (7). ay Strs pf (7). 100- 14 5 Amal Leather pf B 9 Crucible Steel.. 17 4 Lily Tullp Cup (1%). 9 634 St Joseph Lead firms in the fifth district. Groceries| gq,0 oy 16 Crucible Stecl pf. % 33% Lhaloemetoe % St L-San Franciaco, stood second and hardware a close| 15% T4 Am Ag Chem (Del). . % CuhaCo....... 1% b 4 Link Belt (40c) 1 StL-SanFranpf.... 16% 8 Am Bank Note 1% Cuban-Am Sugar. 6% Liquid Carboni 2% Savage Arms b, 5% 1 Am Beet Sug: 10 Siban.Atn Bukar pt. o Leow's Inc (1)1, While shoe sales were off 20 per cent| &% 1. AmBeetSugar...... rtis Publishing. . . et from March of the previous year, they! 2] g1 Am Brake Sh&F 60c. 30" Gurtls Publishing o Lottine.. s ‘were 28.9 per cent above the total for| g4, Am Can (4) 4 1% Curtiss-Wright.. 1 2 Loose-Wiles February, 1933. They were 18 per cent | 153, Am Car & Foundry.. 2 Curtlss-Wright (A). - Lorillard (P) (1.20) lower than in the first quarter of 1932.| 32, Am Car&Foundry pf. 21l 4% Cutler Hammer. . 1 e 9 Louisiana Ofl. - 3 At the same time stocks on hand were | gix, Am Chucle (13). 1% Davega Stores (h3) 7 Louisiana Ofl pf. 24 Second NatIny pf 25 per cent lower than in the like pe-| 4 Am Colortype. . 4 6% Deere & Co pf (20c). riod last year and 10 per cent lower| o3 ‘Am Comc'l Alcohol. . 375 Delaware & Hudson. ' 2 ‘ '523,'5:57:""'. ::.(.ly:‘ ): ity el },h’“‘ ntMtheh ead of Fe}“}‘;flm’afif' 2 A.n Encaustic Tiling 174 Dal Lack& Weatn. .. 172 Ludlum Steel. . 1% Sharon Steel Hoop. . uring larch, T cent of i 3 Am European Secur enver V p! % 2% Shar) ing rerelvanies wese coliected, A& Foratn Por: 48 Detroit Edison (4). . 15% 9% McAndrew Forbes(1) - sh,:,fi,:‘k?;’é';"(“e,, The Richmond Reserve Bank reports “ Am&Forgn Pw pf(6) 10 Devue&Raynolds(A 7 23% 13 McCall Corpn (2).... 4 Shell Union Ol. . . that groceries sales were off 11 per cent ‘Am & For Pw pf (1). 17% Diamond Match (1). 3 3 McCrory Stores A. 28% Shell Union O11 pf.. in March, compared with the same Am & For Pw 24 pf.. : 12 Dome Mines (11.30). 4 1% McCrory Stores B. % S1 month a year ago, but were 14 per cent 214 Am Hide & Leather. . 10% Dominion Stores 1.20 8 5 24 McCrory Stores pf. .. % e 3 ahead of the wholesale business done 4 Am Hide & Leath pf. 10% Doug Alrcraft (75¢). 26% 18 Mclntyre P M(1%). k in February of this year. Grocery sales oo st 5 6% Dresser Mfg (A). ... “44% McKeesport TP (4). 22 hrab o were off only 11 per cent in the first! SR TeaColl 2t Dresser (SR)Mfg(B) 7 * 1% McKesson & Robbins 7 Sloss ShefMeld Steel. quarter, while stocks were 16 per cent S eIt ) 29 DrugInc(3)........ Bl : 3% McKesson & Rob pf.. 814 Sloss-Sheff Steel pf. Jower than at the end of March, 1932. Am International. .. 7% Dunhill Internatl . 1 1% McLellan Stores. . % Snider Packing. On March 31 stocks were 1.1 per cent A Ta D e 324 Dupont de Nem (2).. 470 24 McLellan Stores pt.. 8 Bocoms Vecias higher than at the beginning of the Am Locomotive. . 971 Dupont deN db pf(6) % 1813 Mack Trucks (1).... 15% So Port Ric Sug 1.60. month. Grocery collections during the | 12,4 gy A Mac,\&pd,(gnc, 94 Duquesne Lt Ist (5). 20s 4 24% Macy (RH) & Co (2). 112 So Port Ric S pf (8). month were the best of any of the five 3% Am Metal Co T Eastern foll Mills. . 12 bl e o R oeme e . 17% South Cal Edison(2). up 53 per cent. Am Metal pf 6 Eastman Kodak (3). 2 A finm Copne. 2 11% Southern Pacific. ... esale dry goods firms made an Am News (1%) oo+ Eaton Mfs Co. . Aahe tHS s 4'4 Southern Raflway... interesting record. In this line sales Am Power & Light. . Elec Auto-Lite. g Aot e & " 5 57 Southern Railway pt were off only 3.2 per cent from March 9 AmP&L$5pf (1%). Electric Boat ‘\1‘1nhtan;:lf ev gtd. % Sparks-Withington. . last year, and were up 5.2 per cent from 9% Am P&L $6 pf (1%).. Elec & Musical Instr. L s 7% Spencer Kellogg (60¢) February, 1933. In the first quarter 4% Am Radiator. Elec Pwr & Lt. Mnn:-! Elev r:wfl gtd 214 Sperry Corp. dry goods sales were 1 per cent lower 5% Am Rolling Mill Elec Pwr&Lt $6 pf. 4 m;n"'};fdf;{;& e 5 Spicer Mfg than in 1932. Stocks at the end of 20% Am Safety Razor (3) Elec Pwr&Lt 87 pt. M. un‘n ck (1 i 13% Standard Brands u) March were 12 per cent lower than a 1% Am Ship & Com. Elec Storage Bat (2 M e 121 Stand Brands pf (7). vear ago and 2 per cent lower than on 11% Am Shipbutldin, % Elk Horn Coal. i l' = 5% Stand Gas & Klec. ... bruary 28, while 28 per cent of the 108 ADiBin R ReE: Marshall Field & Co. 7 % Elk Horn Coal pf. Stand Gas&El pf (4) 2 thi Alk (13%). W money due on March 1 had been col 204 Am Sm & Ref 6% bt 26 Endicott-Johnson(3) z:y ;::‘“am.‘_ (‘2)’ Stand Gas&El pf (6) . lected by March 31. 81 Am Sm & Ref 1% pf. lg gnm;e;rsfr'-nb SSV‘::‘.). Maytag Co 20 Stand Gas&El pf (7). % 32% Am Snuff (13%) % 4 ng pfww ( . 2 2 o 19% Stand Oil of Cal (1).. s 508 B e 10246 Ann Sauft o (1. 6% Kqultable Of BIA(1). Malville Bhos (110): $23 Stand Oll Exp pt (53 Wholesale hardware business made 8| “15y * 45 Am Steel Foundry ‘ 3% Erie SUgeS 0. e e % Stand Oil Kansas. g ; : vi > Mengel Co pf. 1 good showing in March. Sales were but 37% Am Steel Fy pf (2).. 434 Erie R R1stpf.. 1 22% Stand O{IN J (1). 7 per cent under March, 1932, and 13.9 30 Am Stores (123),. e 2 e R R 2d pf. e machinetate) 4 Starrett (L S). . per cent better than in February of the 4 211 Am Sugar (2). Sureka Va Cleane 1 ; * Met-GolTElc pELSs. 1% Sterling Secur pf. present year. During the first quarter 80" Al SEERE DLAT) 7 % Evans Auto Prod ¢ 3 Ao e S Z 214 Stewart Warner sales were within 69 per cent of the| 101, 6 Am Sumatra Tob, % % Pantais Mot 6 S ok Lot 5% Stone & Webster same period a year ago. Stocks on hand | 1095, 861 Am Tel & Tel (9) . 2 2 5 Fed Mines & Smit 6 Mid St Pra 1st peeé) 1% Studevaker Corp. ... at the end of March were 12 per cent 49 Am Tobacco (5). . 7 Federal Mot Truck s MG aMEiiGe P % 9 Studebaker Corp pf.. lower than on the same date last year, 50% am Tobacco (B) (5). Federal Screw Wks. . MinnoS P ERRIEI 4% Superheater (50c) and 1 per cent lower than on February | 102% Am Tobacco pf (6).. 8 Fed Water Service A { : : i % Superior O1l. 28, 1933. The month’s collections were Am Type Founders. , Fed'd Dep Strs(600). R P 2 Superior Stesl.... 27 per cent of receivables. 25 % Am Water Works(1) 3 Fidelity-Phoen 1.2 54 2 MecuiEacias = Sweets Co of Am. Drugs seem to have dragged along! Am Wat Wks etfs(1) 6 Filene's Sons pf 6. 208 5 Missour! Pacific pf.. more than the other four lines. Drug!' Am Wat W 1st pf(6). Firestone T&R(40c). 122 Mohawk Carpet. .. .. sales were 26 per cent behind March, 4 Am Woolen. Firestone T&R pf(6) 4 Monsanto Chem 1% .. 1932, but 2 per cent above February| 4 ‘Am Woolen p! First Nat Strs (23). Mottt ey Waraz of tLis year. In the first quarter busi- Am Writ Paper pf... Follansbee Bros 4 Mother Lode 7 ness was off 16 per cent. Collections, Am Writ Paper ctfs. Foster-Wheeler. Motor Produet: however, were good in March, 48 per Am Zinc & Lead 2 Foster Wheeler pf. Motor Wheel cent of the receivables being taken in Anaconda Copper. Foundation Co. Mullins Mfg during the month. Anchor Cap (60¢)... 8 12 2 By 3 Fourth Nat Inv 1.10. Mullins M£g pf. . In summarizing the wholesale trade Archer-Dan-pf (7)... 10s Fox Film (A).. 3 1% M rray Corp situation in the Afth district, the Rich- 4 Armour of Del pf(7). 2 ’ Freeport-Texas (2).. 53 30% 29 : mond bank says that the 61 wholesale Armour of Ill (A)... 3 Freeport-Tex pf (6). firms in the district sold more goods in Armour of 111 (B) 6 2 2 Fuller Co pr pf. March, 1933, than in February this year, Armour of Il pf 2 Fuller Co 2d pf. Tide Water Asso Ofl. & seasonal increase, but in comparison ‘Arnold Constabl, 25 Gen Am Investor Tide Water Assoc pf. with March, 1932, sales those for Artloom pf..... 2" Gen Am Inv pf ww 6. 3 i Timken-Detroit Axle March, 1933, were lower in dollar ; Associated Apparel. 2 en Am Transp't(1). N Cash R Timken Roller Bg(1) amount in all lines reported. All five ‘Asso Dry Goods 1 Gen Asphalt. RIS Dwiry Trod 36 6 Transamerica Corp. lines for which data are available re- Asso Dry G 2d pt. 3 Y Gen Baking (2) 23 © 2 Tri-Contl Corp...... port lower total sales for the first Atchison ; : Gen Bronz N : : Tri-Contl Corp pe(6) . quarter of 1933, in comparison with Atchison pf (5). 4 N £ % Trico Producmzy.) sales in the first quarter of 1932. 333 Atlantic Coast Line. . 613 Gen Cable pf. 708 13 s Ene S E ) Truscon Steel. Atlantic Refining (1), Gen Cigar (4) ' e my Mex2dat. : - Tw Lanston’s Annual Meeting Today. AR 1 : ol > Nat Steel (50¢) . At the annual meeting of the stock- 31 Aubarn Kute (3. Gen Elec spec (60¢) : d HNat SupplyiCo. > ; Cri holders of the Lanston Monotype Ma- 5% Aviation Corp (Del). Gen Foods (1.60). Nat Suvply of. 5“ Lo ot chine Co., held at Alexandria this noon, | 7 =prarmmm s Gen Gas & Elec (A).. . y AL : B o Chcu AR Phner the present directors and officers were 9% Baldwin Locomot pf. 15408 Gen GEB 0% cx pfi - " Nevada Con Cor H 1o Do onof Gt re-elected, including J. Thilman Heri- T BeiecmeURL. 1510ek2 Gen Gas&EI7% pt A’ 90s News “;"a e il D drick, chairman of the board. George % Baltimore & Ohfo of. 27 Gen Gas&E18% pf A 208 3 Newport Industrie e Raciti ,’," W. White, president of the National| g Bamberger pf (633) ., 308 Gen Italian Edh2.08. 5 317 10% Unlon Tank Car 120, Metropolitan Bank, presided at the P s 5 4 Gen Mills (3)... 20 : = § 16% Unit Alrorate. . meeting. . 2 Gen Motors (1).. 3 : 7 3 President Harvey D. Best reported e earoomut () L Gen Motors pf (5)... 3 8 ; NIt L < B T EhetinaaY) that the world depression had again Bt Care Gen Printing Ink. NY & Harlom 06y rs % 4% Uit Corn (405> been felt in the company’s business et s : Gen Prtg Ink pf ( Nyt i 26% 2 i during the year, and there had been a Beech-Nut Pkg (). 4 4 Gen Public Service NY¥NH A& Harttord. % decrease in sales. BelAlhg ettty . 1 : Gen Ry Signal (1). NYNH&Hartpf.. \ 28% Net operating profits, after taxes but : 2 Gen Realty & Util : NY bn(& Western. 4 1 Unit Electric Coal before depreciation, amounted to $69,- 9 . . Gen Kealty & Util pf. “ - N Y Shipb'ldg (10c. 5 Unit Fruit (2). 743.48, the report showed. After all the 10% ’ Gen Refractorfes. . & N Y Steam pf (6): . i 14 Unit Gas&Im (1.20). usual charges, however, the Monotype % 254 Bethlehem Steel pf. Gen Steel Casting pf. 60s N Y Steam 1st p“.” Unit Pce D W pf 5*' company had a net loss for the 12 6% Blgelow-Sanford. ... 1 ’ Gitlecto SREBES (1) PR AES 17% Noranda Min ¢a1.10) U S & Forn Secur. ... months of $79,069.23. 3% Blaw Knox. .. Clliefle SLCR P 0 1 Norfolk Southern 3 The directors declared a dividend of 9% Bohn Alumn & Brass } Gimbel Bros. 5 3 & 111% Norfolk & West (8) .. $1 per share payable on May 1. Dur- 18 Borden Co (1.60).... D 8 4 North Am Aviation.. ing the year Lanston Monotype has 5% Borg Warner. G e e : 31y North Am (b8 % stk) paid a total of $310,62050 in dividends, 6 Boston & Matne. .- fimSir MGl s % North Amer pf (3)... the report stated. % Botany Con Min (A). Sl beaecs 8 . ] North Am Ed pf (6 While the headquarters of the Lans- 2% Briggs Mfg Co...... ; : GaleDust (1 20) | 20 9% Northern Pacific..... 151 ton company are in Philadelphia, the T4 Briggs & Strat (1) 1 Gocdrich (BE) = 21 1 Norwalk Tire & R 14 concern operates under a Virginia char- 21% Bklyn Manhat Tran, Goodrich (B F) pf. 2 % ter. For that reason the annual stock- s 64 BklynManTrpf(6). 1 75 ‘ 9% Goodyear Tire&Rub. 9% 4% Ohlo O11 holders’ meeting is always held in 5 315 Bklyn & Queens. 7 Goody'r T&R 1st (2). 3% 1% Oliver Farm Equip.. 25 Alexandria. 281 Brown Shoe (3). 7% Gotham Silk Hoslery 3 1214 8% Oliver FEqprofA.. 1% Brinswick Balke 1 Graham-Paige. v 67 2% Oppenheim Collins, Today’s Trading on Exchange. 14 Bruns Term&Rw.y 3% Granby Consol. 16% 10% Otis Elevator(60c) Business was quiet on the Washing- 2 Bucyrus-Erfe 3% Grand Unton ; 4% 15 Otls Steel.. fon, Stock Exchange today. The first % Bucyrus-Erle ov pf. . 1134 Granite City 10% 2% Otis Steel pr p 21 3 3 three sales were in Potomac Electric 203 Bucyrus-Erie pf (2). 15% Grant (W T) (1). 58% 3115 Owens Il Gla United Stores (A) Power 5'; per cent preferred stock,| o Budd (E G) Mfg. ... g“- g"“ ‘;fi";"" g‘~ 5 215 1 Pacific Coast 2d pf... 20 Univ Leaf Tob (2) which moved at 106%. Budd (E G) Mfg pt.. 1‘* et e L 31 20 Pacific Gas& El (2). Univ Leaf Tob pf(8). After call Peoples Drug Stores pre- Budd Wheel. Great \\tsg us?l‘_;»- 43% 25% Univ Pipe & Rad. ferred appeared on the board for the Bullard Co 723 Gr:a( Vrésugp ™). a w| 15% 6 Univ Pipe & Rad pf.. first time in some weeks. A small lot Burns BrosA. ... :: gr RB&Y '“nsfl‘:'-r-- H 65 . 1108 Util Pwr & Lt (A)... sold at 75, attention having been turned | .;x, Burr Add Mach (40c). usntahamo Suss 102% Pacific T & T pf (6).. 50s Vad to the stock following the recent quar- 1% Gulf Mobile & North. 5 e otor Car.. 245 % Vadsco Sales Corp. lowing q Bush Terminal...... 16 Gulf Mobile&Nor pf 1% Packard Motor . 7% Vanadium Corp terly report, which showed a slight in- Bush Terindeh ath:. e SuMobleANonol Panhandle Pro&Ref. % Va-Car Chemical. fiea}s;aén earnings over the same period 4 Butte Cu,,lp;,&z,“_ 321 163 Gulf States StI ist pf ‘0. Par-Publixcts...... 3% Va-Car Chem 6% pf. i 83 Byers (A M).. _— The only bond sale today was in MDA MG Park & Tilford . Washington Rail & Elictric 4s 19% 15 Hackensack W (1%) 1 ) Park Utah. . 51 2 50% 35% Va-Car Chem 7% pf. as on lway lectric 3 $1,000 cghangtng hands at 84%. Y 7% California Packing. 3% 1% Hahn Dept Stores. 19 3 Pathe Exchange (A). 29% 12% Vulcan Detinning... Callahan Zinc & L 18% 9 Hahn Dept Stores DL 4 z < Pal‘n; I:llr:\eia, Al.) t;::::: stl}A.; 5 3% Hall W F Printing. Penicl 'ord (1)... ceen ot iMesiene From ‘haak Deasd. [CRITHEEE el 61 45% Hannapf (7)........ Penney (J C) (1.20 Waldort System (1). At the meeting of the board of direc- | Campbell-Wyan 15 6% Harbison & Walker.. 38 Penny (J C) pf (6) Walworth Co... tors of the Washington Loan & Trust | Canadu Dry G A (1)- % Hartman Corp (A). % Penn Dixie Cement. . Ward Baking (A)... Co. yesterday afternoon Mr. J. Leol Canadian Pacific.... % Hartman Corp (B). Penn Dixie Cmt pf... % Ward Baking (B)... Kolb tendered his resignation as a Cannon Mills (1)..... % Hayes Body Penna RR (50c). ... 113 Ward Baking pt (i) . member of the board, which was ac- Car Clin & O sta (5). 3 Hercules Motor..... Peoples Gas Chi (5). Warn Bros Pictures. cepted with regret. CRESII) Oo-= oo 15 Hercules Powder 1% Peoria & Eastern, Warner Quinlan. Waggaman, Brawner & Co., Inc., are Case (J D) pf (4).... 85% Hershey Choc (3).... Pere Marquette. Warren Bros distributing a circular on Incorporated 4 Caterpillar Tractor. 64% Hershey Choe pf(15) Pere Marquette pf... 170s Warren Bros cv pf, Investors, which is one of the oldest Celanese Corp. Holland Furnace. ... Pere Marquette pr pf 550s Warren Found & P. . mutual investment funds in the United Cent Agulrre (1%).. Homestake M(110) Pet Milk. ... e 14 9 Webster Eisenlohr. . States. In' estments consist of carefully 2 Century Rib Mills... 14 Houdaille-Hersh(A). Petrol Corp of Am... Wesson O & 8n (50¢) selected, high-grade common stocks. Cerro de Pasco...... 1 Houdaille-Hersh(B). Wesson O&Sn pf (4). Dividends have been paid each year Certain-teed Prod... 8% Houston Oil A % West Pa Elec A (7).. since organization, In 1925, the circular i “hes & Ohlo (2%)... 1% Houston Oil Philip Morris&Co(1) West Pa Elec pf (6). states. Chesapeake Corp (2) 5% Howe Sound (40¢). 2 Phillips Petroleum. . West Pa Elec pf (7). Chi & Eastern I11 pf. b )1'/, Hudson Manhattan Phoenix Hoslery West Pa Pwr pf (7). B I 1% Chi Great Western. . Hudson Mgtor Car Y Pierce Ofl pf.. 24 Western Dalry pfA.. Welter B. Avery, builder and con- 214 Chi Great Westn pf. o 4 (A tern Dairy pt B. . tractor, was elected a director of Wash- 1 Chi Mil St P & Pac. Illinois Central & W tern Maryland. . Ington Permanent Building Association 1% Chi Mil StP & Pac pf. lgh l]ll;gl:(:::t::l 7 4 Pitts Coal. 6 Western Pacific. +itat++ 3% Veidaian0 g rig % Alleghany Ce p..... a o 1 Alleg Corp pi $30ww BY EDWARD C. STONE. 21 1% Alleg Cp pf $40 ww.. According to the Federal Reserve| 23 1y Alleg Cp pf $30 xW.. Bank of Richmond's monthly review, 14% received here today, shoe sales made| 95 70% = % H% Rossia Ins of Amer.. 24% 17% Royal Dutch FEPFEFFE EFE ¥ @ e & 4+ A+ FF ORREEF . weE FE EFEESL F4 L AR LA L4444+ + st 4+ ¥ - % * & » T 1Y ++++1414+1 04+ ® X ERFFEF FER i 14 #4444 +11++14 rexfeais Fla+ ettt 1441 4 (3 seifsessrssss I AT ¥ i 4+ - £ F FREs Telautograph (1)... Tennessee Corp. . Texas Corp (1). Tex Gulf Sulphu Tex Pacific Coal&Ofl. Tex Pacific Land Tr. Thatcher Mfg Co. The Fair. . ‘Thermoid Co. Thompson (J R) (1). Thompson Products. Thompson Starrett. . P4+t +444+ Pl+++++ FFEE EFF FFFEFE r“:r:r:i:#;r e o I I SR R N e | ¥ sexss B - Pipe&Fdy (50¢c). S P&F 1st pf1.20.. Realty & Imp... Rubber. .. Rubber 1st pf... Smtg & Ref (1).. S Steel. . e FRELFEF FE nunnnnnnn bbb A LR+ & FEFF 3 b+ 4+ Fexes T e S EEELEE SESE 82 | sl SELLELE AN volvaBeRoa 1 +4+ + futuiind SEEE & Ten FAhE L IR L 4L Fagrsrsefs FFEEESF yesterday at the annual meeting of 7 1% Chi & Northwestern. Pitts Coal pf. stockholders of that organization. Mr. 2 Chi& Northwest pf.. 81 Illinois Cent 1<|: . . 12 Avery succeeds the late John Waldman. 4 2% Chi Pneumatic Tool. % Indian Motor lyc‘n All other officers and directors were 5% Chi Pneu Tool pf. ... 4% Ind Motor Cycle pf, ‘ . £ el te i B ). re-clected as follows: E. J. Sacks, presi- 2 Chi Rock I & Pac. 1% Indan Refining..... G et e e dent; John Henderson, vice president; i 2% ChiR1& Pac6% pf. Industrial Rayon (2) Pitts United of e 1at 34 C. J. Bergmann, treasurer; Hermann H. 31 ChiR 1 & Pac 7% pf. Ingersoll-Rand(134) . Westvaco Chl (40c). . Bergmann, secretary; C. Rammling, 5.,, Chi Yellow Cab (1) Inland Steel......... Wheeling Steel. .. John H. Clipper, James R. Ellis. C. Chickasha Cot O(1). Inspiration anna; White Ruck M § (3). Chester Caywood, Max Walten, Joseph 4 Childs Company. {nau:nni;:‘r: !e(l hlflei‘ White Sewing Mach. N. Seunders, Clyde H. Miller, directors. Chile Copper. . [osucsnstae o) s : e san e The association is now in its fifty- Chrysler Corp'n. . Postal Tel&Cable pf. 1 Wilson & Co. second year. Its formation resulted City Ice & Fuel (3).. 30 fhietcont] Hubher: Pressed Steel Car. from a series of conferences held by a ! ity Ice&Fuel pf 6% . Pressed Steel Car pf. &mall group of men at Gustave Hartig's Coca-Cola Co (7).... i Proctor & Gam(1%). Wootmorth (ha0). hardware store, at Seventh and K Coca-Cola (A) (3)... Int Carriers Litd 206 Proc & Gamb pf (5). % s Worthington Pump. strects northwest, early in 1881. Colgate-Palm-Peet. . i Gt z 33% PubSve NJ (2.80)... 45 Wright Aeronautical Bank, Insurance Stocks Up. ICOLEERIm-EnE (¥ % Int Combustion Public 8ve NJ pt (5). “““ Wrigley (Wm) 3).. Collins & Atkman... Int Combustion pf. PublicSve NI pf (6). 8 8% 7 yuog-rown.uoe)._ 4 Troster report. After having reached Col & Southn 2d pf.. A a new 1933 low of 36.53 on April 5, the Columb G&EI1(b80c) . 6 Int Merchant Marln'ov average of 17 active issues rose to a Columb Gas pf A(6). Int Nickel of Can high for the month of 47.12 on April Columbia Pict vte. .. Int Nick Can pf (7 1 20. The close April 20 was at 46.70, Columb Carbon (2) . y % Bt for a net gain over the low of 278 4" Commercial Credit.. e R Ry per cent. [ 16 Comc'l Credit (A)... 3 It TAber S ToE (B). Insurance stocks in' the New York 18 Comcl Cred pf B (2). % Int Paper & Pwr (C). City market appreciated during April 18% Comel Cred pf (1%). Int Paper & Pwr pf from the lowest to their highest levels 70 Comel Cred 1st(6%). s e E of 1933. Opening April 1 at 10.90, the 18 Comel Inv Trust (2). 24% Int Shoe (2) new low for 1933, the average of 20 84 Comcl Inv cv pf(e6). 9% Int Silver. representative issues closed April 29 9 Comecl Solv (60¢).... 5% Int Tele & Teleg. at 27.28, a new high for 1933 and a 1% Comwlth & Southn. . 2 15 Tt eate Dorrs net gain on the month of 37.1 per 2%* gomw}t};'&’ Sol'z.%:()l) 1% Intertype Corp. cent. ONPOT- i & 21 11 Island Creek Co: - for a hope- 6% Congress Cigar (1).. e s 33 Consol CIERT. ...+ ‘ SSRET s Jewal Taa o (305 NEW YORK, May 4 (8pecla)—| 15 Browns: Nearby and western spe-| The stockhoders voted to reduce the AEn celnt AN e (o ol e G 42 Tommadanvillent. . 1308 Quotations for eggs in the wholessle| ciq) packs, 17a19; standards, 16816%. | present capital from a par value of $15 evidence that deflation. a8 no e S Sl 63% 85 Jones & Laugh pf(1) 80s 643 cash market today were: least is losing its power 13 Consol Film. . e - = to $10, to exchange ten shares of old fgg;z‘;:%:tflmm Ko it i 57 onscl Film pf. 13% 6% Kansas City Southm, 21 12% Ol s e P"“"- “%I' Bank Reorganization Plan. |for fox ane of e of e and to sell 8,300 addi- Moreover, most industries are closing| 63% 40 Consol Gas NY (3.40) . e D e e e HAGERSTOWN, Md.. May 4 (Spe- S L aufmann 2 3 3 e ey Biandard 5% 2% Coneel Laundrtess. . 1 5% 176 T 3 Seconds, T3 al4te medium, 13vsaig: cm).—m R e g RS S o the Federal Re Statistics, 8% 6 Consol Oll Corp.. % Kelly Spring - 3% 8.+ % dirties, 13%al4; checks, 12! '4. & Merchants' Bank approved a pian |serve System will be made, a A+ & FEFRFRLEFE #i4 FEs e ++ & H+ AL+ & SREERSR FEFFIEE i el FE i +4+1 ERFRES FEEE +44 0+ R & F £ Bae Lt 5 Pure Oil pf (2) . 40 % 4 8 8 *2%I 6% Purity Bakerles (1). 7% Youngstown Sh&Ta. 21% +24% ————— 3 Radio Corp. 4 8* Zonite Products..... 13 6 5% + % Sales of Stocks on New York 1010 AM...... L 444+ ++441 4 Radio-Kelith-Orph... 5 Raybestos-Man (60c) 23% Reading Rwy (1) . 23% Relflisl}llkzaon:’(’) = H - 5% Real ery. le n r 25 Real Silk Hoslery pf. 208 0 in Special preferred stock. "-'r"-'}‘-b .‘n:' .eyf,* (Y fl?"‘ “"“‘ ’1 . TR wutel: Nearby selected, 19%a21; | for re-organisation as submitted by the NEW YORK EGG MARKET Teceipts, specials, 17%al9; | State Banking Department which per- mndlrdl, 16%a17; under grades, 15a | mits it to open on a 100 per cent basis. TR T - s e o g xTwey - |++ TAL. ISTOCKS IN RALLY AS MARKET CLOSES Buying Wave in Late Deal- ings Puts List at Re- 3 cent Highs. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, May 4—Stocks closed strong today on top of a buying wave that sent prices to approximately the best of the recovery. Strength in the market was based on expectation of & constructive address by President Roosevelt before the United States Chamber of Commerce in Washington tonight. The market had also the text of *the President's message on railway reorganizatioh, which, however, followed the lines l!‘ ready discussed. General Motors was the ouuundlna leader at the end, taken in large blocks at a new high for the year. Alliépj Chemical jumped nearly 5 points on short covering, Air Reduction was very strong and practically all the nflro‘d stocks were higher. Wheat closed 7 to 1%al cents higher, cotton advanced and most of the minor commodity markets recoy: ered earlier losses. Sterling exchange was up 3% cents in the late afternoon. Stocks opened somewhat under Wed- | nesday’s finals. Traders who had bought earlier in the week felt thg urge to take profits following the infla- tion vote in Congress. Their offerings brought a mild recession, but on slightty lower volume of business. For an hous or 50 the market was reactionary, bus before noon it had recovered its poise and was moving forward under the leadership of the railway shares. During the early selling the coppex stocks lost a part of the gains made in the last hour of the day before and there was selling in such issues as Allied Chemical, American Can and General Motors. Oils on the othen hand rallied on the hope that some solution of their problem Wwould be worked out at Washington. The stesls were well supported throughout, as was logical, considering the optimistic re~ ports from Pittsburgh and Youngs- town. Communication shares did well also, especially International Telephofje and Postal Telegraph preferred. Ames- E .lcan 'l\-l!phone nn up & point or so. weic in demand, v\xth Dom( Mines 8t a new year's high. The feeling in the Street was that some sort of a reaction was due, but all that happened was a slight check to the : advance. There were too many traders | waiting for some such sell-off to ac- quire stocks to permit any decline ‘o g0 far. U. 8. TREASUBY BALANCE. By the Associated Press. o Treasury receipts for May 2 were $573,454,977.89; expenditures, $256,- 649.013.77; balance, $545,869,930 91, Customs_guties for two days of May were $1,537,957.88. PARXS BOURSE PRICES . PARIS, May 4 (#) —Three per cent rentes, 65 francs 95 centimes; 4'; pet cent rentes, 86.00. - Exchange on London, 84.55. The ollar was quoted at 21.55. NEW YORK BANK STOCKS: NEW YORK, May 4 (#)—Over-tha. | counter market: (Quotations as of o'cloek.) BAD Public (2) TRUST COMPANIES. Bankers (3) ... 7 Blvn Trust | Continental | Corn zxcP ) ited States (60) Includes extra —e FOREIGN EXCHANGE. .. (Quotations furnished by W. B. Hibbs & C6.1 S Nominal gold Selling checks value. Stockholm, crown Montreal, discount, 1 TU. S. TREASURY CERTIFICATES (Reported by Chas. D. Barney & Co.) Rate—Maturity. 933 | R BREWERY STOCKS Bought, Sold, Quoted Colony Company Washington Building Metropolitan 272 With Unbroken Dividend Recordl Descriptive Booklet Covering These Stocks Free Upon Request George M. Ferris & Co., Inc.- Washington Blds. Nat. 5926 Office Rooms Reasonable Rentals Connecticut Ave. & L St. NW. k Linkins Co., Rental Agents - 1733 De Sales N.W. 69 NoTEs Secured by First Mortgages Safe—Conservative Wm. H. Saunders Co., Inc. REALTORS Dist. 1016 1519 K St