Evening Star Newspaper, May 7, 1933, Page 56

BURB SHARES I]IP INVESTMENT TRUST AVERAGES ADVANCE AS TRADERS SEI_I_ “PNEW YORK, May 6 -Further recovs FOR WEEK ENDING MAY 6, 1933, | ery in security prices during the past i g SR am 1 week carried the investment trust aver- o % age for the current year to date. The Acme Stee’ (1) e average for the common stocks of the 4 “‘: Net | 10334 Not 933— Btock and dividend. Hish. Tow. Close. Chge. | High. Law. Stock and dividend. Hish. . Low. Close. Ohse. | Migh. Low. @iock and dividend. High. Gray Tel Pay Station.... 11 11 11 + %| 22% .12% Sherwin-William: 24% 20 24% + 4% | 3 1% UnGasof Canada 3 Great A&P Tean-v(17). 178 163 178 +13 $2% 90 Sherwin Williams p((6). 82% 2% — % 1% United Car Fi Great A& PT 1st pf(7). 120% 119% 119% — %, 3 . Shreveport EI D. 3 % 3 1% 1% Great North Paper (1).. 11 1 1224 Singer Mg Co (§ 1221 120 . Groc Strs Prod vtc. % % u | 41% Smith (A 0). 4 38% Gulf 01l of Penn: 431 | 1% % South Am Gol 5 1 Hamiiton Gas vtc 16% South Penn Oil (1) Happiness Candy . a3 Hecla Mining. . il ¢ Helena Rubinstein. zz:/: 414 Hevden Chemical (1)... Hollinger Gold (70c). 33 Sowest Penn P&L (4)... - Spanish & Gen rets Horn & Hardart (2). Hudson Bay Miv & 8. Spieg May Stern pf... Stand Invest cm pf. Humble Ofl (2). Standard Oil Ind (1 Hygrade Food Pi Hygrade Svivania (. Stand Oil of Ky (1)... Stand Oil of Neb (1) 11l Pwr & Lt pf (6)... Imp Oil Ltd coup(50c). . 5 Stand Oil of Ohlo. . Imp Ol of Can reg (50c) ‘Stand Ol of Ohio pf (5). Stand Pwr & Light Imp Tab Can(t52%c)... Indiana Pipe Line (30c). Standard P&, (B) Stan Pow & Lt pf (7). —1 g % Umt'Gas Corp war. United Gas Corp pf (1). Unit Lt & Pwr (A). Unit Lt & Pwr (B). Unit Lt & Pwr pf... Unit Milk Prod. Unit Profit Shdring . Unit 8hoe Mach (23) U 8 Elec Power ww U S Foil (B) (20c) & US&Internat] Sec. U 8 Inter Sec 1st pf. v Card (1) Unit Stores Unit Verde TUtan Apex . Utah Power & Light pf. . Util Power & Light. . - FEEL F FFEF 2fearses M .. FFer I 4444+ 1+++ + +11++14 ! @ =5 5 Ind Terr Illu O11 (B). Review Also Shows Better Demand for Cotton Cloth. Am Dept Store: Am Equities. Am For Pwr Insur Co of Nr Am (2).. Intl Cigar Mach (1% ). Intl Hydrocv pf (334).." % Intl Petroleum (1). —oete o Stand Sjlver & Lead. Starrett Corp. . Starrett Corp pf. Util Power & Lt pf (7). Util Pwr & Lt (B) cfs. Utility Equities Util Equities pt ++ 14+ Fw -EEESE Stein (A) & C Utllity & Ind. . Stein Cosmetic: % K Utility & Ind pf. Stutz Motor Car.... : Van Camp Pack. Sullivan Machinery. Venezuela Petroleum Sun Investing. Sun Investing pf ‘Wagner Electric (50c). . Sunray Oil. .. Walgreen Co (1)....... Swan Finch Ol Walker (Hiram). Swift&Co... . Walker (H) pf (1). Swift International (2). Watson (J W) Co Swiss Amer K1 pf....... Wayne Pump. Taggart Corporation. Wenden Copper. Tampa Elec (2.24) Wes'ern Air Expres: Auto Sup (A) (1) Intl Product Intl Safety Raz (B) Intl Utilities (A). Intl Utllities (B).. Interstate Equities..... Interstate Equity cv pf. % Interstate Hoslery (65c) Interstate Pwr 7% pf. Irving Air Chute (40c Italian Superpowr A. R w25 e - FE ® FE RF g Lk o 14 ++4 iliti H five leadin, 'ment trusts stood at Some Utilities and Special- | 1{05 s of May 5. an increase of 128| 2 Alr Inv Inc vte Aluminum Co of Am. ... Trend. R Aluminum Co Am pf 1%. BY JOHN L. COOLEY, A]II-ANIA REPURIS Aluminum Ltd (D) war. Associated Press Financial Writer. Aluminum Ltd cum pf for the week end. Am Com Pow A. Some utilities and a few specialties | Am Com Pow B. curred in A. O. Smith, Aluminum Co. of America, Babcoak & Wilcox, Common- Am Founders. Leaders in the forward movement | s % Special Dispatch to The Star. Am Investors, Inc, war. . were Safety Car Heating & Lighting e Ly Bk tehs idential construction in this district, in Am Maracaibo building permits issued at 20 reporting Am Meter Co 2 A # {per cent., compared with the average Alr Inv convpt. 114 ties Make Progress Against }or 12.45 on April 28, and compares with [ 20 Ala Graat Souther: 20 Alum Goods Mfg (40c).. Aluminum Co Ltd. NEW YORK May 6—Most curb ‘Am Beverage Corp. stocks found it hard to make further | Am Book Co (4). gains today because of heavy realizing. Am Capital (B). Several of the fast-stepping leaders of -l | Am Capital pt. the week backed down a point or two AmCit P& L A (a3) escaped pressure and made a little | Am Cyanamid (B) progress on the day. Oils were irregular. wealth & Edism. Gulf Oil, National Coal Output Off Am Foundrie - ] - Am Gas & Flee (11). Sugar and Pan-American and Pan. ST which rose 4, Pittsburgh & Lake Erje,| ATLANTA, Ga.. May 6.—There were 2 Elec | substantial increases in March over Am Lt & Traction (2)... American Gas & Electric and Insurance Am Maize Products (1) NON_FERROUS METAL cities, in the volume of orders received Am Superpower . by reporting cotton cloth and yarn mills Am Super 1st pf and in wholesale trade, says the Sixth the average of 8.22 reported as of March AlSaMulEI0e, Aluminum Ltd (C) war. 85 traders decided to even up positions Am City PAL (B) (15e). Dips ranging from 1 to 3 points oc- Amerion Aun: Am Investors Inc. Bo: of NorthoAvasion: February in contracts awarded for res- Am Superpower pf. O E I T o Il I S e S R S i+ +1+1+1 Technicolor Inc..... Kleinert (1 B) Rubber. Tech Hughes (60c). INDUSTRY IMPROVES | Diicict heserie menk” The var'ico Curtailment in Output and Infla- tion Movement Have Produced Better Trade Outlook. By the Associated Press. NEW YORK. May 6.—The non-fer- rous metal industry, in the opinion of | some producers, is not depending alto- | gether upon inflation for future profits, but hopes to climb to higher prices| through continued curtailment of out- | banking holiday. | per cent less, in March than in Febru- stores, over February, but a decrease in daily average sales due to the larger number of business days and in part to the interruption of business during the Total sales by department stores re- porting to this bank were 6.5 per cent greater, but daily average sales were 5.3 ary, and March sales were 29 per cent less than in that month a veat ago. Last year Easter came in March, while this year some of the Easter buying was probably delayed until April. For the first quarter of 1933 department store sales have been 24.5 per cent less Armstrong Cork Art Metal Works A Asso El Ind Ltd p% 1-5¢. Asso Gas & Electric. ... As30 Gas & Elec (A) Asso Gas & El war 3‘}"‘ ‘;# ++110 Kress (SH) sp pf (60c) Lake Shore Mines (2) Lakey Fdry & Mach. Land Co of Florida. Land F&C (1%). Lefcourt Realty Lefcourt Realty pf..... Lehigh Coal & Nav(40c) Leonard Oil. ... Lerner Strapf ww., Libby McNeill & I Lion Ol & Refining Lone Star Gas (b6dc Long Island Lighting Long Island Lt pf A (7). Longk Isl cu pf B (6). Louisiana Lan & Ex. Marconi IntM (k24 3-6¢) s# $FPesF gey g 5Fs Texon Ofl & Land (1)... Thermold Co cm pf... Tob Prodof Del wi... Tobaccod&Allied Stks Todd Shipyard (1) Tonopah Belmont. Trans Air Trans. Trans Lux DL P S.. Tri-Contl Corp war. Tubize Chatillon Corp Tubize Chatillon (A). Tung-Sol Lamp. .. Tung-Sol Lamp pf. ‘West Tab & Sta (k50c). . Willow Cafeterias. ..... Vil-Low Cafeterla pf Wilson Jones. ... 1% Woodley Petrol. . : 1 £ 11% T.oolw FW Ltd p24 2-5c. 15%, w| 3% Wricht Hargreav(t20c). 47, b L4+ ++tttd + At bt li L | + Yukon Gold Co % _Dividend rates 1n doliars based on last quarterl Siyment. fParily extra. SPIus 4% In Stock. & PayAle 1 cesn ar « | Mock K Payable 1n stock. 1 Plus $% in stock us 1% in stock. JPlus 2% in stock. Kk Paid thi 1% | reqular rate. m Plus 3% In cx " Pasd % i stock. b Plus 5 | last year—no resulsr rate. T - T % OUTPUT OF ELECTRIC Plant Res ions. " STOCK t ot zpzro‘ 20 BREWERY STOCKS 53 sk put and general internal improvement. | than in that part of 1932. Spot copper, which sold just under 5| Wholesale trade increased from Feb- ‘Auto Voting Machin cents a pound last year. is now around |FUSIY to March by 14.9 per cent and was Axton Fish Tob A 3.20 63, cents; znc, with an average 1932/ 14.2 per cent less than in March last Babcock & Wilcox (1) low of about 21, cents, is now up to 3% | year, and for the first quarter of the | B cents, while lead, which also sank to|Year has been 14.4 per cent less than in around 2!, cents during the past year, | the first three months of 1932. Ferti- Atlas Util pt (3) wRas"srresries Marion Stm Shovel..... Maryland Casualty. Mayis Bottling (A) Mead Johnson (3). Memphis Natural G Mergenthaler (1.60) Merritt Chap & Scott | cisl) —Due to the return of beer. the | Bought, Sold, Quoted | POWER HOLDING WELL pxicr's. So: ) and 300 opiratives | Colony Company were thrown out of employment, is now Wa Fi Show Decrease of Only operating 50 per cent of capacity. Most of the output at present is gobiets for 1.8 Per Cent From Produc- L At Bomse oe o =¥ w 3 e is holding at about 3!» cents. Copper-producing operations have been nearly on a shutdown basis. Analysis | say they do not hope for any great im- | provement in this department soon, since the public utility industry, one of the major consumers of copper, is not in a position just now to justify addi- tional plant expenditures. Non-capital | goods consumers. however, may change the picture somewhat. Producers of lead and zinc, like the copper miners, have been getting down to bedrock in curtailment of operations and the supply of these metals on hand s not nearly so burdensome. lizer tag sales, indicative of the con- sumption of fertilizer, were more than three times as large in March as in February, and were 17.6 per cent greater than in March last yelrp,‘ NEW BANK PLANNED AT SEAT PLEASANT Institntion Would Take Place of | the Southern Maryland Blue Ridge Corp Blue Ridge cv pf (ad). Blumenthal (S). .. Borne-Scrymser Co. Boston & Maine pf A s Bost & Maine RR pr pf.. Bourjois Inc (k25c).. Brill CorpA. .. Brillo Mfg (60c) Brit-Am Oil cou (80c) Brit-Am Oil reg (80c). .. Br-Am Tob B cu (p37.3¢) Brit Cel Ltd rcts s Buckeye Pipe Line (3).. Buffalo N&EP pf(1.60).. PLEERTS am = b3 ¥ ¥ Met Edison pf (6). Mexico-Ohlo Oil. .. ... Mich Gas & Oil Corp. Midl Sta Pet vtc A. Midl Sta Pet vic B. 4 Midl West Utilitie: Mid West cv pf new xw. Midland Royalty cv pf. Midland Steel Produc! Midvale Co Mining Corp of Can Miss River Prpf (6). Mohawk Mining........ Montgomery Ward (A). Mont Lt H&T (1%).... Mort Bank of Col Am sh. Mountain & Gulf....... Mountain Prod (80c). .. P44l 44141 +++ 4+ttt + +1++4+ ++ 1 3 #8835 Zesy T L I Ty & F tion of Last Year. By the Assoctated Press. NEW YORK, May 6.—Electric power | output last week was off slightly from the preceding week, but showed the smallest percentage decline from the previous year since July 18, 1931. Production as reported by the Edison Electric Institute was 1,427,960,000 kilo- | watt hours, compared with 1,431,095,000 QUOTATIONS ORDERS TO BUY OR SELL ALL LISTED OR UNLISTED SECURITIES PROMPTLY EXECUTED WAGGAMAN-BRAWNER & CO., INC. 1700 Eye St. N.W. RE FEFEF ¥ the week before. The decrease from | ! the same week last year was 1.8 per PROVEN SECUR]TIES cent. as compared with & 2.6 loss in the i previous week It pays to buy only the best Securi- ties. Our bulletin The decrease from the previous week, describiny the Post PROHT following the usual seasonal trend. was | most profitable grou in the past three weeks through less than in say of the Iast three years. | for. the tast 1o Sean? s oo aty ||| the wire service conducted by P14 4444+ 44441444+ 1144 4l 44+ 1444444+ Bunker Hill & Sullivan. . s Bunker Hill & Sul vte. .. Burma Ltd rets (pl%c¢). Butler Bros. i Bwana McK Mountain St Tel&Tel(8) 904 Commodity Price Nat Amer Co Trends of Week FEEEFSF - 9, By a Staff Correspondent of The Star. SEAT PLEASANT, Md, May 6.— BY H. N. McGILL, Bditor, McGill Commodity Service, Ine. AUBURNDALE, Mass, May 6 (®).— | All commodities maintained the mo- | mentum of the upswing which has been Formation of a new bank to take the place of the Southern Maryland Trust Co., now operating on a restricted with- drawal basis of 2 per cent, has been proposed by officials of that institution. The new bank would be known as| in force since early March. The level | is now the highest since the first week | in_December, 1932. The advance has not been limited | to one or two groups for at the end | of the first week in May the industrial group was up 7 per cent; agriculture, | 28 per cent; hides and leather, 32 per | cent; ferrous metals, 2 per cent; paint meterials, 21 per cent; fine textiles, 33 per cent; coarse textiles, 10 per cent, and vegetable oils, 27 per cent from | the extreme low in this record-breaking | depression. During the past week out | of 14 individual groups 10 were higher, only 1 lower and 3 remained un- changed. Industrial Prices. Industrial prices recorded a substan- #ial gain, largely due to hides and Jeather, metals and textiles. Statistical aspects appear to have little welght in determining the price level, for in the | case of copper, cotton and rubber— three outstanding examples of exorbi- tant reserve stocks—price strength has | either been maintained or continued. Reports from industrial centers during early May show moderate but favorable | system. the Seat Pleasant Bank, would func- | tion on a 100 per cent basis and would | seek membership in the Federal Reserve Features of the plan include the issuance of 2,500 shares of capital stock, having & par value of $10 each, to be sold to the Southern Maryland Trust Co. and the “qualifying directors” at a 100 per cent premium, the liquida- tion of most of the assets of the South- ern Maryland Trust Co. by a conserva- tor, transfer of all deposits in the Southern Maryland Trust Co. to the Seat Pleasant, transfer “from time to time to the Seat Pleasant Bank of such sums as have been received” by the| conservator through the liquidations of | the assets of the Southern Maryland | Trust Co., “so that the appropriate and | proportionate amounts may be set up| | to the credit of the various depositors on the books of the Seat Pleasant| Bank.” | A section of the Maryland new e s uked o} work out the plan, which is expemd“ to be approved by State Bank Com- | missioner John J. Ghingher soon. At- | torney Walter Green represented the | improvement | Agricultural prices which have ad- | vanced more than any other group, | now stand at the highest level since last February. The increase during the | pest week was due largely to_higher | levels for grains, wool, cotton, flaxseed | and eggs. | Tive stock prices represented the only | group that failed to gain. Since the| beginning of the upward surge in com- | modity prices live stock quotations have | fluctuated within a narrow range, ex- periencing difficulty in developing inde- Southern Maryland Trust Co. in its| negotiations with the bank commis- sioner, Reichsbank Statement. BERLIN, May 6 (#).—The Reichs- bank statement as of April 29, shows the following changes in Reichsmarks: Gold and bullion increased 3,466,000; reserve in foreign currencies decreased 5.384,000; bills of exchange and cheques increased 272,429,000; silver and other coins decreased 129,741,000; notes on Cable Radio Tube vtc. .. Cable & Wire A fet. Cable & Wire B ret Cable&Wire pf (k8 1-5c). Can Indus Alcohol (B).. Canadian Marconl...... Carib Syndic: Carnation Co. Carrier Corpo: Celanese Corp pf (1) Celanese Corp 1st pt Celluloid Corp. Celluloid Corp 18 g Cent Hud G&E ctfs 80c.. Central States Electric. Cent States El cv pf n Cent StEl 6% pfxw.... Centrifugal Pipe (40c).. Chesebrough (16%). . Chicago Corp (The) Childs Copt... Cities Service.. ... Citles Service pf Cities Serv pf B. Cities Service (BB).. Claude Neon Inc. . Cl Neon Elec Prod (1) Cleveland El Iilum 1.20. Cleve Elec Illum pf (§). Cleveland Tractor o Colon Ofl....... . Colts Pat Fire Arms(1). Colum G&E cv pt (5). Columbia Ofl & Gas vic. Columbia Pictures. ..... Comwith Edison (5).... Comwith & Sou war..... Community Water Serv. Comstock Tunnel. ...... Consol Auto Merch ctfs. Consolidated Copper. ... Consol Gas Balto(3.60) . Consol Retail Stores. ... Consol Royal (20c)..... Contl Gas & El pr pf (7). Cont Securities Corp. ... Cooper mer. . . . Cooper Bessemer pf (A). Cord Corp (10¢). Cosden Oil. . Cosden Oil cod Cosden & Co pf cod. I+44++ ++ 23R sxrsesex - o= . Felrwrrr t 49 e F A R ++ 4+ - Nat Service Co. Nat Steel (war) Nat Union Radfo. e Neisner Bros pf (p1%) w Eng Pow pf (6).... New Jersey Zinc (2). ew Mex & Ariz Land. wmont Mining Hon Ros (+1) N 'Y Power & Lt pf NY Pwr& Ltpt (7). Y Ship Corp (10c). N Y Steam (2.60) N Y Tel pf (6%). Niagara Hud Pow (1). Niagara Hud (A) war. iagara Hud (B) war-. .. Niag Shrs (Md) B(20c). Niles-Bement-Pond . Nipissing. . Nitrate Corp Chile (B) Noma Electric Corp. or NY Util pf (7 Northam W cv pf (3) Nor European Oil Corp Northern Pipe L (50c). . orih Sta Pwr (A) (4).. Northwest Engineering. Northw Yeast Co (12).. Novadel Agne (5)...... Ohto Brass (B). & Ohio Copper. . Oklahoma Nat Gas pf. Outboard Mot (A). Pacific Pac Gas&! % Pacific Pub Sve new pf.. Pacific Tin (spel) sefssssis +F "Pevssir wa TID L4+ 14+ 14 44+ L+ 1+ I+ it 4+t b1 4+ +++ 1+ o ! % % | Irving (1) | Title Guaranty & Tr. (1.60). 60) 445 oA 24 Investors . . . Local publishing business needs capital to 14 | expand—ien persons with ive permanent business. Should The Atlantic Seaboard and New Eng- land regions again registered gains over last year, the former being up 0.5 per cent and the latter 2.5 per cent. In the week ended April 22 these districts showed improvement of 0.1 and 1.1 per cent, respectively. The Central industrial region was off 4.2 per cent, against a decrease of 3.6 The | per cent in the previous week. Pacific Coast was down 13 per cent, g:mp-‘ red with 64 per cent the week ore. e NEW YORK BANK STOCKS NEW YORK, May 6 (#).—Over-the- | counter market: BANKS. Bank Manhattan (2 Chase National (2) Commercial +&s it Chemical (1.80) . Continental (1.20) Gorn Exchange (4) Empire ( 05 uaranty (20) 0 Bus motuonanca R5B.55aE508%, anufacturers” ' . Y. Title & Morts: Trust (5) United States ( alncludes extra, $1.000 each. Prospecti pay large dividends. Address Box 353—H Star Office. P A B ihout omiguion on reroest || Magazine of Wall Street l‘ ROBERT C. JONES & CO. ||| Fhis, foryice concentrates on active | . has an outstanding ||| recora of profi¢ for 15 years . . . in- ||| Shoreham Bidg. Met. 2922-33-24 | cludes analysis and advice on present | s 4 || holdings at no extra cost. Write for full information. including copy of latest weekly bulletin with current recommendations and sample wire confirmation. i || Please eheck the foliowing: | | | 6% Interest JAMESF.SHEA | il & [J Low-priced common stocks for market profits. . INVESTMENT & BUSINESE FORECA! 643 Indiana Ave. NW. | o the Matasine of 'Wall SiecerUASE 90 Broad St. Dept. W. . New York, N.¥W. " TWO UNUSUAL STOCKS FOR RECOVERY THE FINANCIAL WORLD has made a careful study of two companies which will be particularly benefited by stabilization of international currencies. These stocks are selling at a fraction of their 1929 {highs. Recent world developments are highly favorable to them. Further expected progress makes these stocks attractive as long pull speculations with profit possibilities. Be sure to read our article “Dollars Down—Earnings Up.” e BENEFICIARIES OF INFLATION Stocks Free Upon Request Parker Pen. ... 3 ~ You will be in time for the above analysis, also for our [r":‘;-?:r}:;‘)l)!(‘f’r(:w‘;) 3 . | Szl,;‘:._m,'..fm & C: Inc. survey pointing out the Beneficiaries Of Inflation if you send Penroad Corp ‘Sl at once for our next 8 issues. You will also receive “An Penn P & L pf Outstanding Low Priced Stock” (selling at one tenth of 1929 42 Stocks With Unbroken Dividend Records pendent price strength or an upward |other banks decreased 11,337.000; ad- Cosde c movement in alignment with the 11 per | vances increased 108,170,000; invest- s Courtaulds (p83ic). nerease in the index for all com- | ments decreased 993,000; other assets | Creole Petroleum. medities. | increased 62.060,000: notes in circula- | Cresson Consol (4¢) Hides and leather during the past| tion increased 260,073,000; other matur- Crocker Wheeler week recorded a sensational price in- | ing obligations increased 33,922.000; Crown Cent Petrol crease. Prices of hides, packer, 8re other liabilitles increased 4.655,000. Crown Cork Intl (A) now 7% cents, compared with & 10W| Total gold holdings 410,541,000: note Cuban Tobaceo vte. ..., earlier in the vear of 5 cents, while | coverage 9.1 per cent; rate of discount | Cumberland P L (2) scle. belting and upper leather 8l1so | 4 per cent. Cuzi Mex Mining. averaged higher. | 4 Darby Petroleum. - Pac Western Oil. Pan Am Airways. Pantepec Oil. Paramount Motor: Parke Davis (1). ++444) $FFeSs #x Pl4+++ 1+ ++++] L LT FITT TE Lol 4+ & F Penn Water & Pwr » Textiles were also sharply higher | @uring the week under the leadership | of cotton, which is now 41 per cent | above the low for this year moted last | February. Wool also moved upward about 3 cents during the past week, while the trend of silk was irregularly | upward { Non-ferrous metals continued the | climb, reflecting higher quotations | principally for tin. Ferrous metals are now higher than | at the turn of the year due to price strength in iron products and steel| Ta epge!able oils maintained the upward momentum which has been noted in | recent weeks, the index now standing 27 per cent above the extreme low. Tge three groups which showed no | price change during the week were chemicals, fuels, paper and pulp. Important Changes. Most important price changes in the McGill weekly price index were as follows: Prev. 433 | rains that promised further serious de- Fine Textiles Business Notes NEW YORK, May 6.—There were about 625 buyers in the market last week, compared with 935 in the pre- | vious week and 695 in the like 1932 period. It is reported that manufacturers of chinaware will soon notify the trade that prices on all lines of dinnerware will be advanced 10 to 20 per cent, effective around May 15. | ™ Selling agents report a fairly large | :mount of buying in flannels and blan- ets. Following an increase in leather | Sebu prices, makers of men's and women’s | suede jackets have advanced quotations 35 cents per unit. The Congoleum Nairn Co. has ad- vanced prices on hard surface floor | coverings from 4 to 10 per cent, effec- tive May 20. ng in the gray goods market is ‘Tradis Quister, but prices are ted hol TG St ot badine Grain Market By the Associated Press. 'HICAGO, May 6.—Uneasiness over rumors that France would abandon the gold standard led to heavy selling that | lowered wheat values today. | May wheat and all deliveries of corn, oats and rye touched new high price records for the season. Corn scored a maximum upturn of 133 cents a bushel, | owing chiefly to prolonged adverse weather, indicative of crop dangers later on. Big new kuying of corn afterward hoisted that grain afresh and wheat as| well. Corn went higher than was the case early, and wheat overtopped yes- terday’s finish. The rise of corn car- ried the market to the highest point since November, 1931. On the rally, wheat hovered around the season's top quotations, but weakened again under selling to realize profits. Indications of persistent widespread lay to planting accompanied the soar- ing of corn prices. On the other hand, public buying of wheat appeared to be confined largely today to periods when the market showed price setbacks. Most professional traders in wheat leaned to the selling side for the time being. The fact that the Liverpool wheat market was higher today than expected, and that British exchange was at the topmost figure in more than two years, was virtually ignored. Oats | were neglected. Provisions tended upgrade with corn. ‘Wheat closed unsettled, !; de: yesterday’s finish, corn at vance, oats 'y off to Y4 up, sions unchanged to a rise of 15 cents. . B ;R = T8 i 53 > > ‘p- 5 i £ 3 l;:; *, 8! & isisis 222 #5 s I3 5 Feone s wapersts Q@ - 'y s ¥ Pew¥"F Davenport Hoslery (50c) . Deere & Co. Derby Oil & Detroit Alrcraft. Dictaphone Corp Dow Chemical (2) Driver Harris Co. Duke Power (4). Duval Tex Sulphur. East G&F Assoc (60c) East G & F Asso pf (6).. Eastern States Power. .. Eastern Utility Asso (1) Eastern Util Asso cv. % Easy Wash Mach (B). Edison E1 Boston (10) Eisler Electric Corp Elec Bd & Share(b§%). . E! Bond & Share pf (6).. El Bond & Share pf (5 Elec Pwr Asso A (40c).. EIP& Lopt war.... Elec Pwr & Lt 24 pf (A). Elec Shareholding...... Elec Shareholding pf (¢ Empire Gas & Fuel §%. . % Empire G & F 6% % pf.. Empire Power part. Europ E1 Ltd A (30¢)... Europ El Ltd deb rts Evans Wall Lead. Ex-cello Air & Tool. % Fairchild Aviation Fajardo Sugar. Falcon Lead. Fansteel Prod. Fedders Mfg A. .. Federated Corp (sta)... Fiat rcts (p50%¢). . First Nat 8t 1st pt (7) Fisk Rubber (new). Fisk Rubber pf (new Flintkote Co (A).. Florida P & Lt pt. Ford Motor Can A. Ford Motor Can B. . Ford Motor France. Fo d Motor Ltd. Franklin Mg pf........ Garlock Packing (40c).. itios .. Elec Ltd 20 2-5¢)... Gen Fireproof.......... Gen Gas & Eleccv pf B. . Gen Pub Service pf..... Gen Theat Equip cv pf. . Georgia Power pf (§. Glen Alden Coal. . - Globe Underwrit (kibc). Godschaux Sugar B. Gold Seal Elec new. Goldfield Consolidated. . Gorham Inc ptl,. . ... Gorham Mfg 1) Vrwrs L & E S I A R o T N Y EE £ FEIF - * ) - eFe¥sEs = - [ R e O E R T o Sy S5 SHersgefiBoeag o v I+ + Ed 3 Pepperell Mfg Co Petrol Corp war Phil Morris Inc # Phoenix Secur Corp. Phoenix Securities pf. Pilot Radlo Tube (A).x. Ploneer Gold (24c) Pitney Bowes P. . Pittsburgh & L E (2% Pittsbgh Plate G (80¢). Potrero Sugar. . Powdrell & Alexand, Premier Gold (12¢) Prudential Inv. .. Public Util Hold war Public Util Hold xw. ... Public Util Hold em pf. Puget Sd P&L $5 pf. . Puget Sd P&L 36 pf. .. Pure Ofl pf (13). Pyrene Mfg. Qi aker Oats (t5) R R Shares Corp..... Railway & Light Sec.... % Rainbow Lum Prod A Rainbow Lum Prod B Raytheon Mfg. % Red Bank.... Reeves (D) (11 Reliable Stores. . Rellance Intl (A) Reliance Management. Reybarn Co. ... Reynolds Invest. Rice Stix Dry Good Richman Bros (3). Rike Kumler........ Roan Antelope Mines. Roosevelt Field Inc Root Refining cv pr p! Ro3sia Intl Corp. Royal Typewriter. Rubberold Co (1).... Ryerson (Joseph) . Safety Car Heat & Lt. St Regis Paper. .. St Regls Paper pt Salt Creek Consol Seaboard Utilitles. ... Security Allied Corp.... Security Corp General. . Seeman Bros (21%) Segal L & Hawr. . Seiberling Rubber . Selby Shoe (1.40) Selected Industries Sel Ind all cfs(5%) Select Indus pr pf (53%). Selfridge Prov Stor kéc. Santry Safety Control Shattuck Den Min. Shawin Wat & Pwr( Shenandoah Corp. . Shienandoah Corp pf. b+ b+ FAhEE L+ A | - o 22 o #FsFlr #s B AR AR T T T e ey - FEFFsn +44++ - Secured by First Mortgages S-f>—Conservative Wan 5. Saunders Co, e, REALTORS Dist. 1016 1519 K St OPPORTUNITIES | ] LOW-PRICED Among “Inflation” Stocks This is not & “standing” list of stocks: it is an up-to-the-minute selection by the staff of The Magazine of Wall Street, based upon latest prices. It will be sent by return mail to all new sub- scribers who take advantage of our special lintroductory offer of the next five issues of the magasine for $1. (Value $2.) Whether you are an in- vestor. or a trader, you will find the information and counsel invaluable sow of all times. “The News and its Relation to Security Price Movements” As s opacial incentive, we will sioe send PREE #'booklet from our iaveser's serios which carvies the above ticle. It socks. Pin 31 lo this advertisement and mail with your address todey hzaz'neof._!all Street I t. -98, l price), “10 Stocks For Recovery,” “Time to Buy A Fortune?” |and “Sound Investment Rules.” Simply seturn this “ad” and $1 ’with your address. FFINANCIAT, WORLD G A G E WHEN AND WHAT? These are two questions which are always uppermost in every one’s mind who has money for invest- ment—when to invest and in what? Our Disr 6% FIRST MORTGAGES Forty Years answer both questions with the as- of surance of security which is vested in first trust on improved Washing- ton real estate and with 69 return, continuous throughout the life of First Morigage the loan. Expersence Investments . May be purchased in amounts from. $250 up. B. F. SAUL CO. National 2100 925 15th St. N.W. _OPERTY MANAGEMENT