Evening Star Newspaper, May 17, 1933, Page 14

A—14 xxx FINANCIAL, THE - ‘EVENING' STAR, WASHINGTON D. C, WEDNESDAY, MAY 17, 1933. FINANCIAL EXCHANGE TABOUS | TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | STOCKS PUSHED UP UNLISTED STOCKS - oee. 2 e = == P oomlme wme Hion | N ORSK TRADING Tien” Low " Dividend Rate. Add 00. Hieh. Low. Close. Snee. - Dividond Fote. Add oo. Bieh. l Low. " Dividend Rate. 13% Abrm & Straus 1.20.. : 3 21 ‘M. Cangress Cigar (1).. l;‘v: :' | Bl!fi 9% Int Sflver. New Ruling Requires Records on All Securities Quoted k3 eesoe 8 Adams Express. 88 m % 3% ‘Consol Cigar. .. 18% Radio Corp pf (A) zm by Agency. 6% -Radio Carp pf (B) 1. Radio-Kelith-Orph. Raybestos-Man (60c) Reading Rwy (1). 1" |Favorable Trade and Politigal News Results in Vigorous Advance. 39 Adams Express pf. 643 31 Consol Cgr pr pf ug . 8 Adams Millis. 17% 5% Jonsol Filmpf, ;... - 5% Addressograph. 9 8% 631 40 .Consol Gas NY (3.4 4% 99 83 Consol Gas NY pf(5) 2% Consol Laundri & Cunsol Oil Corp. 1% Cons RR of Cuba pf.. % Consol- Textile...... 1% Container Corp (A). Dept 8t. Ifi% 12 Intersta Dept Stor D! l'IOI 1% Intertype Corp...... 21 11 Island Creek Coal(2) 23 Jewel Tea Co (3).... + FE EFEF R % ‘Reis (Robert) &Co. . 1% Rels (R) & Co 1st pf. 2% Remington-Rand. 11% Alaska Juneau60c) . 1 Albany Wrap Paper. % Alleghany COrp..... 1% Alleg Cp pf 340 ww. . 5 Aileghany Steel. 70% Allied Chem & D (6). 115 Allled Chem pf (7). 6 Allis-Chalmers Mfg. 5% Alpha Port Cement. . % Amal Leather. 35 Jones & Laugh pf(1 6)5 Kansas City Southn, 12 Kan City Sou pf (2). 2% Kaufmann Dept St.. BY GEORGE T.-HUGHES. Speoial Dispatch to The Star. NEW YORK, May 17.—Stimulated %y the conciliatory tone of Chancellor Hit- ler's speech and by the dechutlm-ol the regular dividend on American fihone & Telegraph, today’s stock mlr- et {orled buoyantly ahead into mew h ground. BY EDWARD C. STONE. Stock exchanges all over the country are taking up the question of no longer quoting unlisted securities, that 1is, securities that have not met with the requirements of each exchange. In se"swFexaw #x FlE+LH 441 - T - 35% Contl Can (2)....... 3% Contl Diamond Fidre 10% Contl Insur (1.20)... Copper (A). . 7 Revere Cop & Br pf.. 6 Reynolds Metals(1). - 6 Kelly-8p Tire 6% pt. the past a great many svch secur- ities have been voluntarily quoted on the different boards fo: the con- venience of the public. The securities bill ‘befor. Congress has put a new light on this habit of quot- ing unlisted stocks and bonds. Under the urge of Presi- dent Rcosevelt, Congress has un- dertaken to reg- C. J. Gocheler. ulate the issuance of new securities, to secure adequate publicity on security offerings and to protect investcrs from fraudulent vend- ing, especially the small investor who is presumed to have fewer facilities for seli-protection. In case the Government assumes supervisory powers over all exchange securities, the policy of quoting unlisted issues comes out into the open at once. An exchange might be esked for in- formation on some security which it had never requested and did not have on hand. Indirectly the exchanges could be held accountable for losses suffered by investors who bought un- listed securities on the supposition that they had been fully investigated before being quoted. Governors of the Washington Stock Exchange have voted to discontinue Quoting unlisted stocks and bonds on the loca! board. This action is not intended as any reflection on these issues. Members of the exchange mere- ly take the view that it is unwise to quote securities about which they do Dot have full information. 5 Amal Leather pf. 18% Amerada Corp (2)... 7% Am Ag Chem (Del).. Am Chicle (t: Am Colortype. Am & Foreign Pwr. . Am&Forgn Pw pf () Am & For Pw pt (7). Am & For Pw 2d pf. Am Haw Stship (1 Am Hide & Leather. Am Hide & Leath pf. 5 Am Home Prod (3) Am Ice Co. A ice pf (6). Am International. Am La Fr & Fom pt. Am Locomotive. Am Mach&Fdy (800). Am Mach & Metals. Am Metal Co........ Am Power & Light. . Am P&L 35 pf (1%). 9% Am P&L $6 pf (1%). % Am Radiator. . - Am Rolling Mills. . Am Safety Razor (3) Am Seating... . Am Ship & Com Am Shipbullding () Am Sm & Ref. Am Sm & Ref 6% pf. Am Snuff (13%).. Am Steel Foundry. sFEsesess w55 2% Coty Inc....... Cream of Wht 2% .. 2% Crosley Radio. . 14%. Crown Cork & Seal. . 24% Crown C&S pf (2.70). 16 Crown W P 1st pf(4) 1 Crown Zellerbach.... 9 Crucible Steel. . 20% Cudahy Packing 2%. 6% Curtis Publishing... 50% 30 Curtis Publishing pf. 1% Curtiss-Wright..... 2 Curtiss-Wright (A). 4% Cutler Hammer..... 6% Deere & Co pf (20¢). 87% Delaware & Hudson. l'm Del Lack & Westn. Nenver& RG W pf. . Detroit Edison (4)... Devoe&Raynolds(A) Diamond Mateh (1). Diamond Mach pf 1% Dome Mines (1.55). . Dominion Stores 1.20 Doug Alrcraft (75c). % Dresser Mfg (A).... Dresser (SR)Mfx(B) Drug Inc (3).. Dunhill Internatl. 32% Dupont de Nem (2).. 97% Dupont deN db pf(6) 90 Duguesne Lt 1st (5). 1% Eastern Roll Mills. . 74% 46 Eastman Kodak (3). 130 110 Eastman Kod pf (6). 3% Eaton Mfg Co.. Elec Auto Lite pf(1). Electric Boat........ Elec & Musical Instr. @ F EE FESPFEEEFE FEEF b Al B et S ] A 4% Kinney (G R) Co pf. 51 Kresge (3 8). 14% Kroger Grocery (1 371% Laclede P! 22% Lambert Co (4). 5% Leh Port Cement. Lehigh Valley Coal. . Lehigh Val Coal pt. . Lehigh Valley RR. . Lehman Corp (2.40). Lehn & Fink (2)..... Libbey Owens Glass. Liggett & Myers(15) Ligg & Myers B (15). Lily Tulip Cup (1%). Lima Locomotive. .. 6% Link Belt (40¢).... 10% Liquid Carbonic 81 Leew's Inc (1). 35 Loews Inc pf (§%).. 1% LoftIne............ 3% Long Bell Lumb(A). 19% Loose-Wiles Bis (2). 116 Loose-Wiles 1st (7). 10% Lorillard (P) (1.20). % LoulsianaOfl....... ‘/i Louisiana Ofl pf. . 13% Lou Gas&El A (1%). 21% Loulsville & Nash... 4 Ludlum Steel. 9% McAndrew l‘vrbel ) 74 McAnd Forbes pf (6) % McCrory Stores A... 1% McCrory Stores B 18 Meclntyre P M(t1 44% McKeesport T P (4). 1% McKesson & Robbins 3% McKesson & Rob pf.. % MecLellan Stor 13% Mack Trucks (1).... 24% Macy (RH) & Co (2). 1% Madison Sq Garden.. 5% Magma Copper - % Mallison & Co. "" RsFerEFs £ - EREES LI410 + 44444 +++1+++1 11 N ~ SR FELEFE REF 5 TR 1% Reynolds Spring..... 26% Reynolds Tob B (3).. 14 Rh-WEIP (ALOT).. % Richfield Ofl. 2 Rossia Insof Amer.. 17% Royal Dutch (80%¢). 6 Rutland RRDf. 28 Safeway Stores (3).. 80 Safeway Strs pf (7). 6% St Joseph Lead...... % St L-San Francisco. . 1 8tL-San Franpf. 2% Savage Arms.... % Schulte Retail Stores 28 Scott Paper (1.40)... % Seaboard Afr Line, .. % Seaboard Alr Line pf 15 Seaboard Of} (150c). 1% Seagrave Corp...... 123 Sears Roebuck. 1% Second Nat Inv. 24 Second Nat Inv pf. % Seneca Copper 1% Servel Inc. 1% Sharon Ste 2% Sharp & Dohm 21% Sharp & Dohm 5% Shattuck(FG) (uc) I Skelly Of1. . (] socony Vacuum 15% So Port Ric Sug 17% South Cal Edl'on(l). 113% Southern Pacific.... 4% Southern Railway... 5% Southern Rallway pf 8 SoRyM&Octfs(4). 4 Spalding (AG). % Sparks-Withington. 7% Spencer K.lloll’(‘ofl 2% Sperry Cor, R Frer RE 1 ++ HEF +4 1+ i Thenlnzwmcutdawnlnthzm hour of the unsettlement in the m utility group caused by the omi of the dividend on Standard Gas ‘& Electric preferred, but the close was well up on the day. ’ At its best American Telephone was ip g]\'ex;n 5 polr}ts. :hfle Standard Gas lectric preferred dro) 4 points on the dividend news. i Commodities advanced with stocks. Wheat closed 3; to 1 cents higher. Cotton was strong all day. The foreign exchanges moved in favor of the doliar, with special weakness in gullders. Advances were the rule all along line at the opening and the rally cop- tinued without interruption all through the morning. The tape fell behind almost from the start and thereaftar, up to noon, struggled in vain -to catch up. uecmc output for the week ended May 13, given out today, was up &2 per cent from the same week a yesr % | ago, compared with a gain of one-half 2| of 1 per cent last Wednesday. The Iron % | Age reported that, while buying con- tinued to gain, the increase in the de- mand for iron and steel was at a slower rate than heretofore. The tone of the summary, however, was optimistic. A number of favorable car loadings suvg- ments were received. Railway stocks were prominent on the advance, with new highs in Atchi- son, Chesapeake & Ohio, Pennsylvania, Union Pacific, Lackawanna and Norti- ern Pacific. The action of the rails was especially encouraging because the aver- ages for that group have still to pass the high point of last September before the chart readers will be convinced that this is a major bull movement. 1 Splegel-May-i 13% Standard Brands (l) s syxaPre $¥Fs 2 8 ¥ 2 At the same time various local cor- | 44% Am Stores (12%). 43% porations have been asked to make| B54% Am Sugar (2). 55% applications for é&:&mg mg:l 15:;9:, 1g2 Am Sugar pt (7) h}g&a 102% furnish_the requ! financial state- | 125 11% ments, pay the listing fee, and in this | 109% 112% 108% e e ) Way obtain daily quotations. It is a| 81 9 79% 78% 5 Elk Horn Coal pf. Endicott-Johnson (3) Mallison & Co p: Manati Sugar. h Manat! Sugar pt Manhattan Elev gtd. Manhat Elev mod gtd Manhattan Shirt. ... Marine Midld (30c). - BT o T I S S R S B [ S R R S ey FEFEEERESS 3% Standard Branda (1). NEW YORK BANK STOCKS P e NEW YORK, May 17 (#).—Over-the- 8% Stand Gas&El pf (4). Gl 17 Stand &E] pf (6). 3 (Quotations as of 2 o'clock.) 20 Stand Gas&El pf (1) BANKS. SREPEFES FE PFEFEFTEEFES Elec Pwr&Lt $7 pf... i+ £33 B AL IR SRt T IR L e ey iy i significant move and cf unusual con- | 83y Am Tobacco (B) (5). 79% cern to local investors. C. J. Gockeler is president of the ocal exchange; Y. E. Booker, vice president; Karl W. Corby, secretary, &nd James M. Johnston, treasurer. Clearing House Supports Merger. As noted elsewhere in to day's Star, the Washington Clearing House Asso- ciation has given hearty support to the move to merge four or more of the local closed banks into one new national bank. The Clearing House Association met Jate yesterday in a special session and passed resolutions highly favorable to the plan. The resolutions state that the plan as s.nnounced by the conserva- tors and organizers “should receive the support of the stockholders and de- positors in the banks involved and of any other banks that may ¢ sire or be permitted to participate in the plan.” The resolutions mention the Federal- American, District National, Potomac Savings and Washington Bavings as the banks so far active in the consolidation campaign. The Clearing House Association also expresses its approval of any sound constructive effort that may be made by capable and experienced bankers to make “available for business and bank- ing purposes all or any g:n of funds that are now tied up fn banks in this city in the hands of conservators, as the Telease of all or any part of said de- posits for business and banking purposes will be helpful to business and con- tribute to the welfare .of thousands of our citizens.” This statement from the cleaflnz ‘H-use Association was hailed with de- light by the organizers of the gropoud rew central bank and by the con- servators of other closed banks. H. H. McKee, president of the Clearing House, presided at the meeting and the secre- tary, Victor B. Deyber, made the action public. Bank Deposit Insurance Scored. Bank deposit insurance plans pro- posed in the Glass and. Steagall bank reform bills now before Congress, are not different in fundamental principles from the guaranty of deposits plans that have been tried by eight Western States and proved disastrous failures in every instance, Francis H. Sisson, president American Bankers' Associa- tion, declared today, HE sald the asso- ciation is in favor of the aims and most of the provisions of the Glass bill, but is opposed to the new insurance feature that has been incorporated in it. Mr. Sisson added: “It is fundamental that the only real guaranty for bank deposits is good banking. Deposit guaranty is not good banking. It is an attempted substitute for good banking. The guaranty of de- posits cannot be made to take the place of sound public banking policies. “Good banking, like good health, can- not be created by post-mortem measures to make good for the ravages of previous bad habits or conditions. The time and way to guard against banking troubles s by applying sound habits, principles, safeguards and forehanded methods as an inherent part of banking operations themselves. “It is a fundamentally wrong ap- proach to the banking problem to set banking apart as a financial activity that is normally liable to cause losses and business confusion that must be indemnified against. This, in effect, would be to recognize that there must Am Type Fdrs pf.... Am Water Works(1) Am Wat Wks ctfs(1) Am Wat W 1st pf(8) Am Woolen. . . Am Zinc & Lead. Anaconda Copper. 4 Anaconda Wire & C.. Anchor Cap (60¢)... Archer-Danfels (1).. Armour of Del pf(7). Armour of Ill (A)... Armour of 111 (B). Armour of Tl pf. ... Arnold Constabl: Artloom Corp. .. Atlantioc Coast L Atlantic Refining( Atlas Powder. 81‘»6 Auburn Auto (. % Austin Nichols. 5% Aviation Corp Baldwin Locomot. . . Baldwin Locomot pf. Baltimore & Ohio, ... Baltimore & Ohio pf. Bamberger pf (6%4).. Bang & Aroost (2). .. Bang & Aroos pf (7). Barker Bros. Barnsdall Corp. Bayuk Cigars....... Bayuk Cig 18t pf(7). Beatrice Creamery. . Beech-Nut Pkg (3).. 4 Belding-Hemingway ‘Bendix Aviation..... Best & Co.. Bethlehem Bethlehem Ste 4 Bigelow-Sanford. Blaw Knox. 4 Bohn Alumn Borden Co (1.60) Borg Warner. Boston & Main: % Brij Mfg Co Bklyn Manhat Bklyn Man Tr pf ( Bklyn & Queens Bklyn&Queens p: 4 Bklyn Unfon Gas (5) Brown Shoe (3). Brunswick-Balke. Bruns Term & Ri Bucyrus-Erfe. Bush Term deb stk. . Butte Copper & Zinc. 1% Butterick Co . 8% Byers (A M) 301 Byers (A M) pf 7% California Packini % Callahan Zine & Ld.. 2 . Calumet & Hecla.... 2 Campbell-Wyant Fy. 7% Canada Dry G A (1). 7% Canadian Pacific.... 14 Cannon Mills (1).... 4% Capital Admin (A).. 30% Case (JI) Co... 41 Case (JI)pf (4).... 5% Caterpillar Tractor.,. 4% Celanese Corp. Al Rers 1 FEE EEE & 2F - sessE 8 ® #p zepe w2¥E 2 oyy FLI ] b Ak BEEREEE 4 B 1 & F Engineers Pub Sve. . 4 Eng Pub Sve pf (5).. 6% Equitable Of Bl1). Eureka Va Clnner . Evans Auto Prod. Fairbanks Co. 24 Fairbanks-Morse. ... 10 Fairbanks-Morse pf. 5 Fashion Park Asso. . 4% Federal Lt&Traclon. % Federal Mot Truck. . % Federal Screw WKks. . 1% Fed Water Service A 10% Fidelity-Phoen 1.20.. 5 Fifth Ave Bus (64c). 91 Firestome TaR(40c). 42 Firestone T&R pf(6) 43 First Nat Strs (2%). 2% Follansbee Bros. 4% Foster-Whealer..... 2 FoundationCo...... 18% Fourth Nat Inv 1.10. % Fox Film (A)....... 16% Freeport-Texas (2). 9 Fuller Co prpf. 4 Fuller Coz2d pf. 1 Gabriel Co (A) 6% Gamewell Co. 2% Gen Am Investors. 42 Gen Am Invpf ww 6. 13% Gen Am Transp't(1). 4% Gen Asphalt. . 183 Gen Baking (2)..... 99% Gen Baking pf (8) 2% Gen Bron: 1% Gen Cabl 2% Gen Cable (A).. 613 Gen Cable pf. 29 Gen Cigar (4). 100 Gen Cigar pf (7) 10% Gen Electrio (40c). . 10% Gen Elec spec (60c). 21 Gen Foods (1.60).... % Gen Gas & Elec (A).. 31 Gen G&E 6% cv DL A. 85% Gen Mills (3)... 10 Gen Motors (1)..... 65% Gen Motors pf (5)... 2% Gen Qutdoor Adv.... 5% Gen Outdoor Adv (A) 2 Gen Public Service. . 13% Cen Ry Signal (1)... % Gen Realty & Util... 5% Gen Kealty & Util pf. 2% Gen Refractories.... 9% Gillette Saf Ras (1). 47% Gillette Saf R pf (5). % Gimbel Bros. Dfi Glidden Co. . Glidden Co pr pf (7) . 12 Goodrich (BF) pf... 9% Goodyear Tire&Rub. 27% Goody'r T&R 1st (2). T% Gotham Silk Hoslery 3% Grand Union. 22% Grand Union pf (3).. 11% Granite City Steel(1) 16% Grant (WT) (1).... 4% Great Northern pf... 5% Great Northern Ore. 7 Great West Sugar... 721 Great Wn Sug pf(7). % Grigsby Grunow.... % Guantanamo Sugar. . 1% Gulf Mobile & North. 2% Gulf Mobile&XVor pf. 6% Gulf States Steel.... — 28% 25 Hacken WatpfA1l¥% 1% Hahn Dept Stores. .. 2% Hamilton Watch.... 4+ +44+ 4 A L4 FFEL T REER FESEFT Plbtbtd it ddst FEF FFE FEFF FEFLIFES bttt & oo E S FREP PEE FEER F E£x P LA+ 41+t hETEEEE 4 = o Fx¥ FF & G be tolerated and carried in the banking structure types of banking and classes of bankers whose methods and short- comings are bound to cause disasters 16 Hamilton Watch pf. 6% Harbison & Walker. % Hartman Corp (A).. % Hartman Corp (B).. +1+++ e ++ E and that the resulting damage must be paid for by messmem.skon me legiti- mate earnings -of Today's Trading on Exolnnn, Washington Railway & Electric preferred appeared 14 times on the board during today’s trading on the Washington Stock -Exchange and closed higher than it opened. All'the sales were in small lots. The; market opened at 84 and climbed to 84'5. 84Y, and 845. The day's transfers in this stock totaled 118 shares, the largest business in railway preferred in many weeks. Metgenthaler Linotype stock was also in popular demand today in small lots. ‘The stock opened at 25, went to 253% and closed at 25%, six 10-share lots moving to new owners. The market closed with 257, bid and 261, asked. Bonds were neglected in today's trans- actions. The day’s only sale came after call, when $200 Chesapeake & Potomac ‘Telephone of Virginia 5s came out at 102%,. The last previous sale was made at 108, Heard in Financial District. Gearge L. Starkey, president of the Nan(ml ‘Bank of Washington, left the city toda; to Atlantic City. The Advisory Council of the Federal Reserve - Board held its regular quar- terly meeting at the Treasury yester- day, _eonferring with mgenz Black, go\erm of the board and omer ‘board mem| Ul Stores Corponllon has de- clared a quarterly dividend of 81% cents.on the preferred stock, payable June 35 to stock of record May 26. In the previous four quarters -mou.n‘ were paid. e ’!I-VEB QUOTATIONS. TR L y by motor for & 10 days® visit ; 24% “hes & Ohlo (23%):.. 14% Chesapeake Corp (2) % Chi & Eastern 111 pf. 1% Chi Great Western.. 2% Chi Great Westn pf. 1 ChiMilStP&Pac... 1% Chi M) StP & Pac pf 1% Chi & Northwestern. 2 Ch!& Northwest pf.. 2% Chi Pneumatic Tool. 5% Chi Pneu Tool pf. 2 ChiRockI&Pac.... 2% Chi R1& Pac 6% pf. *3% ChiR 1 & Pac 7% of. 6% Chi Yellow Cab (1).. & Chickasha Cot O(1). T4 City Ice & Fuel (2).. ity lseebF\lll »t l!L e 10 Cluett-Peabody (1).. 90 Cluett Peabody pf(7) 731 Coca-Cola Co (7).... Coca-Cola (A) (3)... Collins & Aik pt (7). 8% Colo Fuel & Iron.... 16 Colo Fuel & Iron pf.. 12% Colo & South 1st pf. . 9 Columb G&EI(bS0e). 59 Columb Gas pf A(§). 6% Columbia Piet vte. .. 28% Columb Carbon (2).. 4 Commercial Caédit. . 16 Come'l Credit (A). .. 18% Comcl Cred pf (1%). 18% Comcl Cred pf B (2). 18 Comcl Inv Trust (2). - . ! LS FRF FEREF P FEEF CAURE ik % Hayes Body.... 69% Helme (GW) (17)... 15 Hercules Powder 13 4% Houdaille-Hersh(A). 1 ° Houdalile-Hersh (B) . 8% Houston Oll.... 1% Houston Ofl (new).. 5% Howe Sound (40c) 3 Hudson Motor Car. 1% Hupp Motors. 8% Illirois Central 19% Ingersoll-Rand (1 l‘) 29% 12 Inland Steel.... 2 Inspiration Capper. 1% Insuranshrs Del 15¢c. 1% Insuranshares (Md). 4% Interboro Rap Trans. 2% Int Carriers Ltd 20c. 6% Int Cement. . % Int Combustion. 1% Int Combustion pfs.. - 13% Int Harvester (60c). 2% Int Hydro-Elec 1% Int Merchant Marine 6% Int Nickel of Can. 72 Int Nick Can pf (7). 2% Int Paper pf........ % Int Paper & Pwr (A) % Int Paper & Pwr (B) % Int Paper & Pwr (C). 2 IntPaper & Pwrpf.. 4% Int Rys Cent Am pf.. IntSalt (1%).cences Int 8hoe (3).. ++++ - = FREF Vb +4+ 1 ERE FRERSP * M * - 1i+4++ +4++1 & FREFEF SERE + L Al M 2 146 8 1% 46 T4% 22% 2% 10% 4% 15% 3% 18% 6% 19% 3% A - 5§§ss?:z";:;:‘:flws-§; % E3] Marlin-Rock (1)..... Marmon Motor Car.. Marshall Field & Ce. Mathieson Alk (13). May Dept Stores (1). Maytag Co. Maytag pf ww. Mengel Co. . Mengel Copf..... Menta Machine (60¢). Met-Gold Pic pf 1.89. Miam{ Copper. ...... Mid Continent Petm. Midland Steel Prod.. Minn Moline Pow... Minne StP&SSM 11. . 4 Missouri Pacific. Missouri Pacific Mohawk Carpet. Monsanto Chem 1% . % Montgomery Ward. . Morrell (J) &Co (2, Mother Lode. % Motor Meter Nash Motor. Nash Chat & St L. Nat Acme Co. Nat Biscuit (3.80) Nat Cash Reg (A) Nat Dairy Prod 1.20. Nat Dept Stores. ... 4 Nat Dept Strs 1st pf. Nat Distillers....... Nat-Dist pr pf (2%). Nat Enam & Stamp. . Nat Lead (5)... Nat Pwr &Lt (1). Nat Ry Mex 2d pf... Nat Steel (50¢). Nat Tea ($0c) Nelsner Brothers. Nevada Con Copper. Newport Industries. » NY Alr Brake N Y Central.. N Y Calcago & StL.. NCCMLB!LM. b ¢ 3 4 Y Investors.. Y N H & Hartford. Y NH & Hart pf.. Y Ont & Western. . N Y Railways pf.... Y Shivb'ldg (10¢). 81 N Y Shipbldg pf (7). 80 NY Steam pf (6).... 17% Noranda Min (ll.lo) % Norfolk Southern. . 22222227 lll% Norfolk & West (l) North Am Aviation. . lSK North Am (b8 % stk). 32 North Amerpf (3).. 48 North Am Ed pf (6). 9% Northern Pacific. ... 1% Norwalk Tire & Rub. 4% ORIOOfl.euuenesvnn 1% Oliver Farm Equip. . 3% Oliver FEQpPrpfA. 1% Omnibus COrp...... 10% Otis Elevator(80e). % Otis Steel.... 2V Otis Steel prpf... 31% Owens Il Glass (2). 20 PacificGas & EI (2). 26% Pacific Lighting (3). 6 Pacific Mills. . 65 Pacific Tel & Tel (I) . 1% Packard Motor Car., Panhandle Pro&Ref.. Parmelee Transport. Path~ Exchange. ... Pathe Bxohange (A). Patino Minee. .. Peerless Motor Car. . Penick & Ford (1)... % Penn Dixie Cement.. lMfi Penna RR (50c)..... % Peoples Gas Chi (5). 4% Phelps Dodge. . 25 PhilaCo 6% pf(3).. 21 Phila & Read C&1.. 8 Philip Morris&Co(1) 4% Phillips Petroleum. . 1% Phoenix Hosiery.... e Petroleum. m Pfll'bury Flour (1), 4 Pitts Term Coal pf.. % Pitts United Corp 15% Pitts United pf. 1% Port Ric Am % Port Ric Am Tob(B). 4 Postal Tel&Cablept. 107 Public Sve NJ pf (8). 89% Pub Sve GAE pf (5) ll Puliman Corp (3) Pure Ofl, & $E0LL Wl FEFEF £F It + +4+14 T aaadl FERERE $8T2E FEEE Fx Pr Tl4+44+ + ++ +1 FE OFRERF F X I +4+1 an Tsese” L N ] FEREEF - | |} saes w2 resE & 1d +444 Fhddbtt 13 1 & I44+4 ++++ ++ ++ 1 srs wer segs 2" 1+ B RRE PEPRFELFIFEFESEER SRR ER gegfunesliy HH - * L T T T T L rarore - B £ AELF R TP T B T FgHBsagagy .. # e REES 1% I% lflfi 85% 16 42% 2% % 8% & 2% 22% E 20% 16% 4% % 19% 51% 51% 63 % 2% 9% 10 4% 43 24% 39 8 8% 17 19% A% 4% 25 5% 15% 4% A% U% 10 22% ) - 2% 10:30 AM. 193 Stand Ofl of Cal (1).. 22% Stand OLINJ (1).... % Sterling Secur (A).. 1% Sterling Secur pf.... 20 Sterling Secur cv pf. 2% Stewart Warner..... 5% Stone & Webster. 1% Studebaker Corp. ... 9 Studebaker Corp pf. 35 SunOil (D..... 7% Superheater (50¢) % Superior Ofl. . 2 Superior Steel % Symington .. % _Svminzton (A). 81 Telautograph (1) 1% Tennessee Corp.. 10% Texas Corp (1). . 15% Tex Gult Sulphur(1) 1% Tex Pacific Coal&O! 3% Tex Pacific Land Tr. 45 Tide Wat Oil pf (5). 1% Timken-Detroit Axl 13% Timk Roll Brg (.60) 2% Transamerica Corp. 2% Transue & Willlams. 2% Tri-Contl Corp. 20% Trico Product: % Truax Traer Coal 2 Truscon Steel §% Twin City R: T % Und-Ell-] F’ilhlr(‘Oe) Union Bag & Paper.. Union Carb &C (1).. Un Ofl of Calif (1).. Union Pacific (6).... Union Pacific pf (4). 4 Union Tank Car 1.20. Unit Arcraft....... 1088 Unit Afrcraft pf (3). 2 4 United Biseuit (1.60) 128 Unit Carbon. . 58 Unit Corp (40¢) Unit Corp pf (3). Unit Gas&Im (1. ")- U S Distributing. ... 6 U S Plpe&Fdy (500). 49 U S Realty & Imp 341 U 8 Rubber, . 39 US Rubber st pf... 46 USSmtg & Ref (1).. 46 USSmigARafpfd% 2 U 8 Tobaceo (4. 40).. % United Stores (A)... Univ Leaf Tob (2)... Univ Leaf Tob pf(8). 40s UnivPipe& Rad.... 67 Univ Pipe & Rad pf.. 110s 1!6 Util Pwr& Lt (A)... 88 % Vadsco Sales Corp... 3% VI Car Chem 61. nt. 65% Elec&Pw pf (6! 2% Vl Iron Coal & Coh. 12% Vulcan Detinning. .. 1% Wabash RR . 1% Wabasb pf (A). 6% Waldorf System (1). % Walworth Co. % Ward Baking (B)... 11% Ward Baking pf (1).. 7% Warren Broscv pf.. 5 WarrenFound & P.. 1 Waebster Eisenlohr. . % Wells Fargo...... 7" Wesson O & 8n (§0¢) 40 Wesson O&Sn pf (4). 30 West PaElecA (7).. 100- 37 West Pa Elec pf (7). 1109 2% Western Dairy pfA.. & % Western Dalry pf B.. 7 4 Western Marylend. . 5% Western Md 2d pf... 1% Western Pacific pf. 17% Western Union. 11% Westing’se Alr B 19% Westinghouse Elec. . 60% Westinghse 1st (3%). 20s 314 Weston Elec Instru § Westvaco Ch] (40¢] 7% Wheeling Steel. . . 11% White Rock M S (2). 3% White Sewing Mach. 2 Wllcox Oil & Gas.... 16 Wilcox Rich A (2%). % Wilson & Co. 4 Wimon & Co 19 Wilson & Co pf. 25% Woolworth (2. - - o BneBatenBuns 34% Wrigley (Wm) (3).. 7. Yale & Towne (60c). Yeli Truck. % ) % 3% Zonite % - ‘RIGHTS—Expire, % NatDistP...May29 98 2% 2 Sales of Stecks -ln!-im P4+ ++ 4441 + Al se " Frpsx R LR T T e e Fspsssssf o AL AR & EFFEF PEEF FEELE 1l 4+ 4+ 0 Y s 5 ¥ Pl FesF rres b+ PorA w2 Fryrs #F sasasd - A Al A F ] 700,000 on e 2,250, 1:30 PM....,..3,610,000 ;m 0 Pioe qm Bid Asked Bk Manhattan (2) . Chase National (%) Commercial (k) | Bt Ave (+44) Pirst National (1060) National cuy (0 Public (2) TRUST COMPANIES Bankers' (1) 2 T (180 cludes extra. BAL'HMOBE STOCKS. Special Dispatch to The Star. BALTIMORE, May 17— Sales STOCKE @8R5 Arundel Corporation 5 Commercial Cred 8% pfd 103 Consolidated Gas com 83 Con Gas 6 cum pfd 111 Con Gas 5% cum pfd A 36 Fidelity & BONDS 2,000 United Rwy & Elec 1 First Mortgages | FOR SALE 6% Interest JAMES F. SHEA 643 Indiana Ave. N.W. ENTERPRISE SERIAL BUILDING ASSOCIATION - 7th St. and Indiana Ave. N.W. 70th Series of stock now open for subscription Payments on shares $1.00 each, payable monthly James F. Shea Secretary iation Counefl mbia. NEW HOME FIRST MORTGAGES Paying 6 Per Cent Now Auvailable in Limited Amounts Denominations, $250 to $1,000 _ Phone National 2345 ISHANNON & LUCH, MORTGAGE DEPARTMENT , 1505 H STREET N.W. REGULARLY It is_through REGU- LARITY in making your deposits (even if small amounts) that success in savings is attained. Let us help you arrange an easy method of accumu- lating a cash reserve. Member Building and Loan Assn. Council of D. C. PE RMAN E NT BUILDING ASSOCIATION Ao @49-92 ST. N; Wt J ervision M.“‘