Evening Star Newspaper, May 13, 1933, Page 10

FINANCIAL. : N, N s )y . ) _MAY FINANCIAL, NEWRESERVEHEAD | TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | |STOCKS ARE LOWE Recelved by Private Wire Direct to Yhe Siar Office. LA e g VA DA~ A P FINAL TRADINE . Add 00. ma Dividend Rate. _ Add 00. High. Lew. Close. mu Dividend Rate. Add.00. High. zm 13:/. Abrmh!lnu-l 20.. 1 u uv. Crown CASpf (2.70). 4 36% 35% 35% — 35| 3 % McCrory StoresA... 3 8 3 Adams Express. 16 lg:: .l gfmv;:lz:l-rr-a 8‘ 3% — : ;} :u :egro[y ;fim :t 8 Ad Millis. ucible Steel. . ¢ - cGraw e Local Bankers Laud B'ack as }g: 5% Adz:nc:nmvh. 39 15 Cruclbl- Stecl pf. » +1% 18 - McIntyre P M($1%). 4 1% AdvRumley.. Co..... 6 2 . 44% McKeesport T P (4). 2% Expert on Finance and 11% 7% Amliated Prod 1.20. B 15 Caventm Sogar 1% McKeason & Robbing 13 204 Seecis PubMienng 5 Mekenian Storen. .’ ot 2% 14 Alrway Elec Appl. .. % urtls Publishing. . oLe o Fearless Official. 18% 11% Alaska Juneau(600)+ 8% 1 Albany Wrap Paper. 50% 80 Curtis Publishing p2. uu Mack Trucks (1) 2% % Alleghany Corp. &1 5 2 Curtiss-Wright (A). 3 1% Curtiss-Wright..... % Macy (RH) & Co (2). BY EDWARD C. STONE. 4% 1 Alleg Corp pf $30w: 12% 4% Cutler Hammer. ... lhmnm! :.(:: sooee gton banky .| 3% 1% Alleg Cppt $40 ww.. 14 4 Deers & Co ot (206) Mana mvn‘;l?v?r the nppdxexne;:gofeme 15% 6 Aileghany Steel. 37% Delaware & Hudson, Manhat Elev mod gtd Black, who has been governor of the 17% Del Lack & Westn. .. l 2 Manhattan Shirt Federal Reserve Bank of Atlanta, as 2 Menver& RG W pt.. Maracaibo Oll Exp. 3 = 3 « # i S 1+ - we {Heavy Week-End Profit:Tak: W ER fE i) ing Appears in Lead- 2% : 2% + % ing Issues. | e FEEFEER ## - L3 +1+1 0+ +1++1 101 ++4+ sesie NG A BY GEORGE T. HUGHES. Speclal Dispatch to The Star, NEW YORK, May 13—8tocks % | lower today under heavy week end feal izing sales. The market was reacticaary in | 5% Shattuck(FG) :_ne). 8% i | first_hour, advanced in the second ha 4 Shell Union Of1 of the session, with the rallway 4% Stmmons Cv. .. 1 % | the leaders, and then weakened agaif :A :l'm;lm gl;lrolmuie) S 9 just before the close. | SkellyOil........ 1 Among the strong spots were 814 Sloss-Sheff Steel pf. dairy and alcohol stocks, Great Wester| % Snider Packing, . Sugar, Louisville & Nashville and A 1% 8o Port Rio Sug 1.60 S ciing was insistent during “tf .60, ea) was fi:: goul(: Gal E-dll';n(”‘ first hou,x.nd prices receded by frao e l::lh:: m:‘ e tions to a point or more, with the A S D Ay est losses in the industrials and uthern Railway pf utilities. Ofl stocks were well sup) % Sparks-Withington. . 2% all through the selling, but were unabl 7% Spencer Kellogg(60c) to make any progress. 2% Sperry Corp......... 4 This phase was followed by sus 1 Splegel-May-Stern. . strength in the dairy issues, la :t!::dd:}rd Brands (1) National Dairy Products and Beatrici as & Elec. ... Creamery. The first two were uk !a t e FEFFRIESSE v head_of the Federal Reserve System. 10 Devos&Raynolda(A) Market 8¢ Ry br per. Mr. Black is & personal friend of sev- 17% Diamond Mateh (1). Marmon Motor Car. . eral local financiers and a close friend 26% Diamond Mach pf 1% Marshall Field & Co. of George J. Seay, governor of the 1E DS Alinss(Los): = Mathieson ATk (13%). Federal Reserve Bank of Richmond, 204 Demipion Storesl 30 May Dept Stores (1), The_new chief of the Federal Re-| 105 Doupidliomit (15e). Maytag Co. “ serve System comes to a posltion which . Melville Shoe (1.20). most. important_inthe Government oo Duluth S & AU Mengel Go’ 1 Mr. Black is known as an outspoken 1% Eastern Roll Mills... Miami Copper....... %flclnl rag motl;e free in lk;t,s xt;tfizmeli}u Eastman xoan‘u')). “ Mid Continent an most other men public life. Eastman Kod pf (6). o- Mtdland Steel Prod Back in 1930, when many predictions| 4{% 3§ Am Chicle (t3) were being made to the effect that 13 A Conotaloobal the depression was most over, Gov. 1 A> Enesustic Tiioe Black startled the country by saying 3% Am European Secur the end was nowhere in sight. % A A Do Ber People cannot prosper with such T4 Am & For Pw pf (1), enormous debts around their necks, he 4% Am & For Pw 2d pf. . asserted, and added that nobody with{ ‘g g 4T Aot G 0 e a heavy mortgage on his home could 131 Am Hide & Leath ‘,,' be happy or contented. In those two 2915 Am Home Prod (3).. situations alone he saw a prolonging 3% Am Ice Co. of the depression. Time has_ proved Gt Amilntecaational his ability as a forecaster. He has % Am La France&Fom declared, however, that _unfavorable 5% Ata Loootagty % conditions could and would be coped 17% Am Locomotive p with successfully and now considers 8% Am Mach&Fdy (80c. the outlook favorable. 3 Ao Meta¥Co S Mr. Black is a native of Atlanta, 18% ‘Ao MotAIDE university graduate, lawyer, former ] }mnk presi(diex;:‘. and hr::s m:de i bril- : iant record in everything he un- 97 Am P&L $6 pf u,‘). Sormily: He 1n & Buptst and has alwass S Am st ‘ y. He is a Baptist and has always 5% Am Rolling Mil Federal Mot Truck.. taken a deep interest in civic affairs. 2016 Am Safets Rasor (3) Federal Screw Wks. . % Fed Water Service A Roy Young Breaks Long Silence, LS AmpnA com Al e Fodd Dep Strats0e) Breaking a two-year silence in re- 10% Am Sm & Ref 9 Fidelity-Phoen 1.20 gard to business conditions, Gov. Roy " 20% AmSm& R!".";"ii: Filene's Sons pf 6% Bank of ‘Bosten. speaking st the. anc 105% 1% Am Steat Boundsy 8 Firestone T&R pt(8) nual banquet of Boston Grain and| ., s Flour Exchange, sald he saw ‘some- thing hopeful and cheerful” in the * "¢ T4+ #1014+ & R B BEeEEse £ 2 £ER 28 =" enge weds papes +LlVI+1 44 | - g o I ++ FEE 8 +10++110 8 9% Am Brake Sh&¥F 60c. 49% AmCan (4)...ccune 1 | o ¥ 1L+ + e © 3% Am Chl(l‘l Dl. . 14+ Minn Moline P pf. Minne & St Louis, MStP&SSMpf. Mo Kan & Texas. Mo Kan & Texas pf.. Missouri Paeific. . Missour! Pacific pf.. Mohawk Carpet. Monsanto Chem IK . Montgomery Ward. . Morrell (J) & Co (2). Mother Lode Motor Meter G & l'l. Motor Product: Motor Wheel Mullins Mfg. . Mullins Mfg pf. Marray Corp. ... 11% Nash Moteor.... 55 Elec Pwr&Lt Elec Pwr&Lt 87 pf. Elec Storage Bat (2). Endicott-Johnson(3) Engineers Pub Sve. . Eng Pub Sve of (5).. Eng P S pf ww (5%), _Equitable Of Bld(1) ErleRR... Erie RR1StDf.....0 Erie R R 2d pf Eureka Va Cleiner. 2% Fairbanks-Morse. ... 10 Fairbanks-Morse pf. % Fashion Park Asso.. 4% Federal Lt&Traclon. 8% Stand Gas&EI pf (4). | large blocks at advancing prices. eadersh went to Loulsvi % Stand Invest Corp... | ville An«f Atlantic Coast Line, whicl owns the controlling interest. ‘The market churned about violefit!! | but it looked as if pools were at wor | and the suggestion was that a deal of distribution was going on. T any event the character of the tradiny did not commend itself to the com servative element. ‘The alcohol stocks had their tirf a little later. National Distillers Prod ucts rose 2 to 3 points, to a new higl ‘fur the year, and United States In dustrial alcohol broke through its ol top. One of the first-hour incident was the punishment of the shorts”f Auburn, which stock at one time ad: vanced between 5 and 6 points. WH‘I all this was going on there was seliin| of General Motors, American Tele | phone, United States Steel and othé recent favorites. It was all well taken but the rise in this part of the was checked. The car loading statement showed | decrease of 11,857 cars on the week TR 11+ 1+ +1 I TR PLL++ 0+ FESPISFELIE FFEF FFEFEF S +1 T Starrett (L S). % Sterling Secur 1% Sterling Secur pf. 2% Stewart Warner 6% Stone & Webster. 134 Studebaker Corp 35 SunoOil (1) 7% Superheater % Superior O1l. 2 Superor Steel. % Svmington (A) Nat Biscuit (2.80)... 8% Telaut, Nat Cash Reg (A) 22 4 1% ’l':nnue:l‘e?gz‘r;n 10% Texas Corp (1) 1% Tex Guit Sulphur(1) - 1% Tex Pacific Coal&Oil. 3% Tex Pacific Land Tr. s 5 Thatcher Mfg Co. ... Nat Steel (50c). 7% The Fatr. oo r o, Nat Supply Co. 3 1 Thermoid Co. Nat Supply pf. 9% 5% Thompson Products. Nat Surety 2% 2% lgu ;h‘omvaunvsnrel of. | as had been expected. Compared witl Ide Water Asso Of. | the same week a year ago, the decreas l:-ndl C;naCo::cr.. 23% Tide Water Assoc pf. + % was 10,132 cars. '}N‘he degcune comparat .Nawporl ndustries.. 9% Tide Water Ofl. +2% | with 1932 was only 1.8 per cent, whes ewton Steel....... 1% Timken-Detroft — % | last Saturday the similar drop wun" 1;: ';lrr‘nk.l.!ollgrgé.lo) —1% per cent. Evidently the time is fasl nsamerica Corp. % | approaching when the traffic curve fol zggvluz.go:su... 2% Tri-Contl Corp. — % 1933 will cross that for 1932 upward = YDoid Elt PLo... 0 41 Tri-Contl Corp | The dollar was stronger in terms ol s 20% Trico Products(2% +1% | foreign currencies but the fluctuation N YNH& Hariford. ®oian o — 3| —2K % TrusconStes).. ... 5 — % | were not large. Sterling and francs wert NYNH&Hartpf.. 17 Ulen & Co. . = qdown fractions, guilders off 3 pointi N Y Ont & Western. . Und-Ell-Fisher (50¢) and Swiss francs up 7 points in mid N Y Shipb’ldg (10¢). Union Bag & Paper. . - w. morning. . N Y Steam 1st pf(7). Union Cart. &C (1).. — %, | Outside the stock exchange the 17% Noranda Min (21.10). Un Of1 of Calif (1).. — 3 | ture was an advance in hog prices‘t 14 Norfolk Southern. 8 2 1% 1% Union Pacific (§).... — 1 | the highest since last August. As a rule Norfolk & West (3) .. Unit Afrcraft. . 344 % —1y% however, quotations for staples were ofl % 7 7 8 Unit Am Bosch. . 1 5 5 5 | on week end realizing. United Biseuit (1.60) y = e — Unit Carbon...... 42 g ho— | i : Unit Corp (40¢) Sl New Bond Offerings. 22% 9% Northern Pacific. . Unit Corp pf (3)... 5 — %! NEW YORK, May 13 () —New 21 1% Norwalk & Unit Dyewood. 2 | offerings formally marketed at Nev 4% Ohlo Of1. 2% Unit :':’n::r:‘z:lcul e 000.\‘1)1;0 ceeens ru + 7 t k and v 3% 1% Oliver Farm Equip.. 2% 2% Unit Gas&Im (1.20). 582500 :zyeelnroggohs et 1% Omnibus Corp...... 2% 3 Unit Plece Dye Wka. 8 8 184 10% Otis Elevator(60c)... 8% Unit Pce D W pf 6% . 190s 2 I o 1 4 NEW YORK BANK STOCKS % Otis Steel. .. NEW 19% 2% Otis Steel pr pf. 4 % 0 . YORK, May 13 (#)—Over-the: 75% 31% Owens I11 Glass (2).. y i counter market: 31% 20 Pacific Gas & Ki (2).. % 2 2 (Quotations as of 10 o'clock.) 43% 25% Pacific Lighting (3) 32 K 2 BANKS. 20% 6 Pacific Mills. 7 M 2% g:;xs;e;g;.l @ 65 Pacific Tel & 1% Packard Motor Car. ., % Panhandle Pro&Ret.. 3% Par-Publix cts. . % Park Utah. | 1+ I+ o3 & F EEEF FE FF R ¥ - 5 & - N IR ] +ll++1 040140 .L '+ HEORF FEF R @S s A e rama® - mep e~ FRELEEFE Foster-Wheel business prospect. A i 5% 2 Foundation Co. The better prices for wheat, cotton, Am Tel & Tel (9) Fourth Nat Inv 1. corn, and particularly wool, are being 9 Am Tobacco (5) 78% % Fox Film (A).. reflected in the metals—steel, copper Am Tobacco (B) (5), Frankin Simon pf and silver—he said. e s Freeport-Texas (2).. He added: “There must be monetary Am Type Fdrs pf. Freeport-Tex pf (6). swabilizstion Shroughiout, tholwothisnd Am Water Works(1) I 4 EEGo N fhere must e Sanifl Mdjusements. Bub Am Wat Wks ctfs(1) Gabriel Co (A)... e O e it Am Wat W 1t p£(6). 7% 2% Gen Am Investors o e e Am Woolen. . 27 13% Gen Am Transp't(i). governor of the Federal Reserve Sys- Am Woolen pf. 12% 4% Gen Asphalt tem before Sugene Meyer fock ihe Am Zinc & Lead. 7 18% 13 Gen Baking u)...,. reins. While a resident of the Capital ‘Anaconda Copper %l 7 214 Gen Bronz he attended several of the annual con- " G I : 5 9 Anaconda Wire&C.. 5 9 1% Gen Cable. . centions of the District Bankers' As- . Eachie Cho (383 7" 21 Gen Cable (A} soclation, but ususlly dodged making Anchor Cap pf (6% 614 Gen Cable pf. any set Speechies. When he left Washe Armbur ot DALY, 3 40 29 GenCigar (4).. ington, he said he was accepting the Armour of 111 (A) 10% Gen Electric (40e). . Posion poetioh on; achunt o e dil Armour of 11 (B 28 10% Gen Elec spec (60¢). Armour of Il pt 21 Gen Foods (1.60). Total bankers will be glad that he is Aneldcaatar % Gen Gas & Elec (A once more talking for publication, as Artloom Corp. . 3% Gen G&E 6% cv pt he is considered a very keen student of Associated Appare 351 Gen Mills (3). banking ard other financial affairs. . ‘Asso Dry Goods. " 10 Gen Motors ¢ Life Insurance Moves Explained. Asso Dry G 1st pf. 3 65% Gen Motors pf ¢ thin, Atchison. ... 215 Gen Outdoor Adv. angflmnf prm;emg;f!: mg‘;xe'nnzg Atchison pf (5) 3% Gen Printing Ink. men, s one of the many bookleis Atlantic Coast Line. . 4 2 Gen Public Servics brought out on the “Moratorium on % Atlantic Refining(1). o e ie Sanall) e 3 Atlas Tack.... e :y xfl;,v-al,'f,‘;, e - Auburn Auto (2).... % % 2% Gen Refractories. - Austin Nichols A (1) 9% Gillette Saf Raz (1). e Tl G S ey 4% Gillette Sat R pf (5). tion taken in New York State prohibit- | 12% 8% Aviation Corp (DeD). ing life insurance companies making 3% Baldwin Locomot. .. 3 Giabel Brasvi loans in that State to policy holders or| g5 9% Baldwin Locomot pf. from buying back their policies at cash| J¢ g Bajiimore & Ohlo. ... surrender values. While such rules G| 50 91 Baltimore & Ohfo pf. not apply in the District of Columbia, | 354 20 Bang & Aroost (2), .. yet policy holders have been asking 8| “s, “3 Barnsdall Corp. .good many questions as to why such 1% % SBarker Bros. action was taken elsewhere. 23% 3% Bayuk Cigars Briefly, the action was taken o pre-| 15 7" Beatrice Creamery. 7 vent too heavy demands on any Ilfe| g4 45 Beech-Nut Pkg (3)... 45 insurance company at one time. No Belding-Hemingway. 114 company is in a position to pay its Bendix Aviation. policies at once if all policy holders Best & Co. . died at the same time. The same is Bethlehem Steel. true if all cash surrender values were Bethlehem Steel pf. demanded at once. Furthermore, the Bigelow-Sanford companies did not want to be put in BIRW KBOX. «nersvr a position where they would have had Bohn Alumn & Brass to dispose of prime investments in a Borden Co (1. depressed market to obtain an extia Borg Warner amount of cash. 13% 5 01‘ course ullf.!;y no%mhpmles -.rwll! 2% oaning on policies. e moves en Briggs Mfg Co. Tave been wholly protective, “for the| 1% 7 Briois & mirat ood of the policy holders as well s the | 33,0 1y, Bklyn Manhat Tran.. companies,” the author says. To MT.| g5 @31, BKlyn Union Gas (5. ‘Worthington and his associates the ex-| 461, 281, Brown Shoe (3). planations are considered both informa- 7% 1% Brunswick-Balke. ... tive and reassuring. 1% % Bruns Term & Rwys. A. & P. Sales Reported Lower. o 2 Deweniie.- 10 2% Bucyrus-Erfe cv pf. Great Atlantic & Pacific Tea Co.| gg. 201 Bueyrus-Erie of (2). estimates sales for four weeks ended April 26, 1933, at $61,055,824, comparing | 3% 4% Buqd (B G MK - so1e With $73,368,706 for ilke period of 1932,| 3y ] Budd Whee = 8 decrease of $11,312,882, or 15.6%. % 2 BularaCor Tonnage sales for the four weeks'| o 74 Bulova Watch. period are estimated at 405,680, 8gainst [ 137 14 Bure Add Mach(406). 422714 in corresponding period of 1932, | '3 1 Bush Terminal. & decrease of 17,054 tons, or 4.0%. T Pt Cemeravine: Average weekly sales for the four 3% 1% Butterick Co 5 weeks ended April 20, 1933, are esti-| 21t g1 Bvers (A M LT ) #SR‘&K###§ Sf#:#:i'.".fi'i:‘;#;fi FEEER @l oo T++0 0001+ + @ £l - | = * 4 Y | ko) R | REFREEEFJEE #;#’ SEEEPELFEFSRFLEFIPSEELS 28 2 - Glidden Co pr pE (). Gobel (Adolf)... Gold Dust (120). 9% Goodyear TiredRub. 7% Goody’'r T&R 1st (2). Tt Gotnam Silk Hosiery % Parmelee Transport.. st 1 Graham-Paige 2% 2% 2% 3 Path» Exchang mtg&Ref pf 3% 3% Granby Consol. 1% Pathe Exchange (A). s & - % | Continental ‘(1.20) 3% Grand Unfon. .. % 5% Patino Mineg........ 84 Corn Exchange (4) 224 Grand Union pf (3).. % Peerless Motor Car.. T i) ¥ 11% Granite City Steel(1) 251 Penick & Ford (1 Tniv Leaf Tob (2)... 194 Peaney (7 &) (196! Univ Pictures 1st pf. % Penn Dixie Cement. . S e S 13% Penna R R (50c)..... 3 % Vadsco Sales Corp. T Great Wast Bugar, .. 2 % 41% Peoples GasChi (5). 6 19% 7% Vanadium Corp 72% Great Wn Sug pf(7). % Peoria & Eastern. ... 3 1% VanRaalte...... % Grigsby Grunow.... 41 4% Pere Marquette pf... 1% % Va-Car Chemical ripei A e % 6 Pere Marquette prpf 8% 3% Va-Car Chem 6% pf. 11% 2% Gulf Mobile&Nor pf. 6% Pet Milk....... - N L e £ ‘s Elec&Pw pf (6).. 208 T e 42 12% Vulcan Detinning... 400s 20% 9 Hahn Dept Stores pf. 1% Wabash RR . 3% 2% Hamiiton Watch. 3 3 % ;:,';:};:‘;:m‘:” 1% Wabash pf (A) 61" 48% Fanna pf (7). - 5% Waldorf System (1), 16% 6% Harbison & Walker.. % Walworth Co....... % 3% Hartman Corp (A).. % Plerce Petroleum., 2% Ward Baking (A) 3% % Hartman Corp (B).. 4 9% Pillsbury Flour (1).. 2 % Hat Corp (A) 4 PittsCoal... 2% % Hayes Body.. 17 Pitts Coal pf. T4 8 Hercules Motor. ... 1% Pitts Screw & Bolt 27 15 Hercules Powder 1% 26 10% Pitts Steel pt. 95% 85 Hercules Pow pf (7). "3 Pitts Terminal 7 8% Holland Furnace.... 6 =18, 8 4 Pitts Term Coal pf. 205% 145 Homestake M(110).. % Pitts United Corp. 5% 1 Houdaille-Hersh(B). 15% Pitts United pf. 11% 4 Houdaille-Tlerh(A). % Pittston Co. 22% i;y gwl:on g::- foesd 6% Plymouth O ston Ol (new). mated at $15,263,956, comparing with 7% Callfornia Packing e o) Doweseunaite Vi ’,’,‘:,°:.‘;§°,‘.‘2,., $18,092.177 in the 1932 period, & de- % % Callahan Zinc & LA % 16% 11% Hudson Manhattan. . % Prosseasieacar crease of $2,828221. Average weekly % 2 Calumet& Hecla.. 8 8 Hudson Motor Car... 3 Pressed Steel Car pf. tonnage sales were 101,415, comipared 2 Campbell-Wyant Fy. 6 4% 1% Hupy Motors........ 19% Proctor & Gam(1%). with 105,678 in similar period of prev-| 1214 71 Canada Dry G A (1). 0% £ IMiois Central 97 Proc& Gamb pf (5). fous year, a decrease of 4263 tons. 14% 714 Canadian Pacific e 2¢ DiroisceniRlore % Producers & Refin., .. . Estimated sales for nine weeks ended | 30 14 Cannon Mills (1) ¢ TaAter ot mve! % 33% PubSveNJ (280, REAL ESTATE April 25, 1633, without consideration, of 8 8 Pl ot 2~ gl ' 91% Public Sve NJ pf (1. Jith $161.991,945 for like perlod of pre- 5% Caterpillar Tract 15 ol B s bareol % o on Pl IR 7 & INVESTMENT T I 77, 2% 4] Ceianese Corp: 5 2 Inspiration Copper. . 62 30 PureOilpf () [MYhos CHL (480} or 15.6%. Estimated tonnage sales were | 30y 14 Cent Aguirre (1 4% Interboro Rap Trans. 900,852, against 942,976, a decrease of | 24 5% Cerro de Pasco. . % Intercontl Rubber... 42,124 tons, or 4.4%. 2% 1 Certaln-teed Prod. 23 Interlake Iron. .. Sales of American Stores Co. for the| 207% 7% Checker Cab Mfg. ... ¥ % Int Agriculture. . four weeks ended April 29 totaled $8,- | 35% 24% “hes& Ohfo (2%)... 5 Int Agriculture pf... 349,021, against $9,471,833, a decreuse| 297 14% Chesapeake Corp (2) 2% Int Carriers Ltd 20c.. of $1,132,812, or 11.8 per cent. For the| 2 % Chi & Eastern Il pf.. 2 2 6% Int Cement... first four months of the present year 4% 1% Chi Great Western.. % Int Combustion American’s sales amounted to $35,378,- 8% 2% ChiGreat Westn pf.. 1% Int Combustion pf... 164, in comparison with $40,326277 in| 3% 1 ChiMilStP& Pac... 13% Int Harvester (80c). the like period a year ago, & decrease 1% Chi M1 StP & Pacpf 113 2% Int Hydro-Elec (A).. of $4948,113, or 122 per cent. April| 8% 1% Chi & Northwestern. 270 1% Int Merchant Marine sales show an improvement over the 2 Chi& Northwest pf.. 28 6% Int Nickel of Can. ... longer-term record. % 2% Chi Pneumatic Tool. 72 Int Nick Can pf (7).. % Int Paper & Pwr (C). o -~ 8 8 U. 5. TREASURY BALANCE. 35k Ghi RIS Pac 6% o 314 ot Printine TR By the Associated Press. 8% ChiRI&Pac7%pf. 3 4% Int Rys Cent Am pf.. .. 160s Treasury receipts for May 11 were 6% Chi Yellow Cab (1) $6,597,774.54; expenditures, $15,835,- | 5_ Chickasha Cot O(1). 3 i . . “':.*.':‘..?‘- 1 uemaennen || The Fidelity 833.07; balance, $465,330,22448. Cus-| % Chrysles Gorpin. extra. iPlus l toms duties for 11 days of May, $7,- Th City lco & Fuel (2).. 3 2 2 20% Reynolds Tob B (). 88 5 l ‘# ng‘mx u?" 3l ‘ BUIldIngG Loan 856,859.01 5214 45 ity Ice&Fuel pf 6%. 50 43 YT 13% 5% Int Tele& T 3.50a4.00; old, Maine, 100-pound 1% % City Stores. .. T e 3% 1% Interstate Dept 7 York, 1.15; peas, ; ASSOCIalIOI'l Y . % % B 3 SILVER QUOTATIONS. 1% 13m Gooaots fe (T 3% 1 lowaCentralRB... Washington Produce| | e s, 160011 ,i30:| | Markets at a Glance 3t 25a40; 581.25, | 7 Colgate-Palm-Peet. . 87° 23 Jewel Tea Co (3 i fice, 610 13th N. W. NEW YORK, May 13 (P—Stocks ||| Mein Office. 610 1 i NEW YORK, May 13 (#).—Bar sil- 3 Collins & Alkman. 30% 12% Johns-Manvil ver easy, % lower at 331. 31 Colo Fuel & Iron.. 70 42 Johns-Manville pf... 1008 WHOLESALE PRICES. m,zbuu. crates, e o pg Under Supervision of U. 8. Tressury —ongw\mdpflnn(lam). . 'Bmdsln-quhrnum issues ease. T o . 16 Colo Fuel & Iron pf.. 69 35 Jomes & Laugh pf(1) 150s one-pound _prints f X one-pound u asparagus, .1.00a4. tur- | Curb irregular, same = o - T+1+1+101 1+ A ERYER: LA RE IR SR IE RN 19mr e 1+11 FEFFEEF TlFi; B I+t et p FEFE XX ERPE PEFEF R EF FIFE KNNEFRFE2FEFENF - First Mortgages FOR SALE 6 ‘70' Interest - L T : JAMES F. SHEA 5" Warren Pownda 5. 643 Indiana Ave. N.W. 7 Wesson O & Sn (50¢) 40 Wesson O&Sn pf (4). 30 West Pa Elec A (7).. 130s West Pa Elec pf (7). West Pa Pwr pf (6).. West Pa Pwr pf (7). 2% Western Dairy pf A.. ,. T4+ +44 1+ | ¥ ++ w8 2 en sezeres [REESANE X3 NEK 3 i+ $+l|+ +4+1401 10 SER A First Trust Loan § on improved Real Estate INSURANCE of any kind 1+t+ +4 5% Western Md 24 pt 1 Weatern Pacific. ... 1% Western Pacific pf. 17% Western Union. . FEEFERE 1+ L L+ 44444+ 411 Fesesefes s ses + * + B6 17% 5% Purity Bakeries (1), 1% White Sew Mchpf c in 1st Hoz:‘_aue Notes o Corp. : 4% Rental Property 2 18 128 28 28 you desire managed 1% i : 2% Wortm Pu ’ ot % 3! orthington Pump. 2~ _Forthinston Pump.. : o 2 Beaaiass i 5% 2% Yellow Truck. . . % 5% - Floyd E. Davis CO. 5 Roainai 27 18 ' Yellow Truck pf. 35 Ksal 10 3% Young Spr& Wire. .. 9 § 733 12th Street N.W. %5, Reta (obert) & Cors 22% T4 Youngstows SATE. 35 2034 NATL. 0353 mington. i 1% % Zenith Radio. ESTABLISHED OVER 40 YEARS 6% 3% Zonite Produci S 5 28aarvaBunn BB el Ean - S3aa 1+ 1H1++ FR OFE R EER SRS = EFREEER |+ttt onBaliZa 1 RIGHTS—Expire, 1% % NatDist P...lly 29 17! M 1% + % ++ 1 £ E2REE [FPPS-19 ! A Ex EEsEssFssegsss 2 » EH VoL L ® 2F - —_— 9 Columb G&E1(bS0c). 18% 6% Kansas City Southn. 18 12% 6% Kayser (J) & Co. 4 4 % Kelly Spring T4 21% 6 Kelly-Sp Tire 6% i 8 2 Kelsey-Hayes (A). 7% 69 Columb Gaspf A(6). Br‘)kers Commenl 13 6% Columbia Pict vic. 56% 28% Columb Carbon (2 4 Commercial Creait A Savings Accmml;f| is your best friend FOREIGN EXCHANGE. Y T tou e+ rend e NEW YO! 13 (P).—Foreign .When you must have 'nx' = RHDY CASH. b Nl'(EW YORK, Mll’thu (,g?.—Mos: rokers today were of le opinion that tocks were definiely on the uptrend, | 3% 43 Somel inv ov peist). with only minor setbacks anticipated. 9 Comel Solv (60¢). Shields & Co.—A. trading policy of 1% Comwlth & Southn. buying’ whenever the market quiets on 21 Comwlth & Sou pf(6) 11% 4% Kinney (GR) Copt. 30s @ Such an account, in a ltrou. dips appears warranted. T% Congol-Nairn (60c).. 11 5% Kresge (S8). 1!; well-managed Bul llduu & Loan 5 2 Kelsey-Hayes (B) 10 3% Kelvinator Corp. ki 50 80 Kendall Copf (6)... 10s 18% 7% Kennecott Copper 141 2 1 Kinney (G R) Co. 5 FIH UL+ I+ I|++|tl+ +11+ FEEERERE EFPE ¥ e 63 Congreas Cigar (1).. 30 14% Kroger Grocery (1), : 4.62%: oables, like “The Jackson Bros., Boesel & Co.—While 1% Consol Film. 3% 61 3715 Lalede Gas pf (5).. 308 Toosters, 7. : Ttaly, %: affords Safety of Yeactionary trends both in stocks and - 3 34% 22% LambertCo (4)..... 19 dressed—' Demands: Belgium, 18, . 2fe || and Fxcellent mtzfm return commodities are likely to develop from| 63% 40 Consol Gas NY(3.40) 8% 3% Lee Rubber & Tire... 9 8% 4 th Rock : ¢ Furthermore—no _restrictions are time to time, we adhere to the view| 99 83 Consol Gas NY pf(5) 2 2 1 Lehigh Valley Coal.. 4 and '20.21' Sweden, 20.41! Den > imposed on the amount you may that an 1 uptrend has definitely been es- o Cousal (l;-“ug:g-... s o 4 24 Lehigh ValCoalpf.. 9 ; Leg ‘brolers, ; standards, = 16a16 withdraw, at any time. e o 17% 8% Lehigh Valley RR.. 22 g il s 3 Wk 1004 95% Consol O1l p (8 x 61% 37% Lehman Corp (2.40). 6 60% 58% 3 hens, 1 sepands, ; ; Hornblower & Weeks—Each time the| "gy, 13 Cons RR of Cuba nt. 6% H % ; Omcho- ; 2 We Pay 5% market shows a tendency to react, it 1% % Consol Textile. . 2 m 1:;« K::.: gg‘-‘n:’t;hu 12 slovakis, 3.52 ‘Whites—No selected, y seems to run into a new army of buyers. T% 1% Container Corp (A).. g 84% 494 Lige & Myers B (15) 20 Hamershlag, Borg = 3 % ontainer Corp (B). ally Cup (1 stiiicd by tuhation peyenolory, we| % 3 Condl Baking (A).... &% B 1. Lo tovmetiver Delieve that the plck-up ia bustgess 13| 1% % Contl Baking (B).... 28 10% Liquid Carbonie. essentially sound and has become the| 47% 36 ContlBaking of (4).. - 21% 8% Leew's Inc (1). 57% 35% Contl Can (2). dominant factor now influencing the| 56, 10, Contl Insur (1.30) 28% — guarce 18 3% 1 Contl Motors. 3 3 . Baar, Cohen & Co.—We are currently | 12 4% Contl Oil (Del) . L g of the opinion that advances have been 74 19% too rapid, that the technical position 5 & & hrens Seattiy %” Sgain e L 9% 4 Ludlum Steel y P lons should be Mneed all nwnd. Compounded So-i-d—dl, from the date of depesit to withdrawal. | packs, 16%819%; standards, 16a16%. ||| the date of ry [ mPAYDAYll Excel- CHICAGO DAIRY MARKET. | ient time to join forces with us. May 13 UP)—Butter, | ...and become THRIFTY. et Bk ] 8 2 o et ot o & B 28%aE t 141 ERSE RE O RR Rex