Evening Star Newspaper, May 21, 1933, Page 52

< FINANCIAL. THE SUND2R STAR. WASHINGTON, D. C. MAY 21, 1933—PART SIX. FINANCIATD. CUR SHARESDP N PROFT THNG Bpecialties Are Target for | Sellers—Some Oils Resist § . Pressure. {_' BY JOHN L. COOLEY, ' Associated Press Financial Writer. ~ NEW YORK, May 20—The Curb turned somewhat heavy todey, though | volume was of moderate proportions. Week end profit-taking in an assort ment of specialities which had been advancing rapidly tended to spread to other divisions of the list, although | some oil shares resisted pressure. Losses of & point Or more were rec- rded by Aluminum of America, Swift & Co., Ruberoid, Great Atlantic & Pa- MILLS AT YOUNGSTOWN ON MORE ACTIVE BASIS By the Associated Press. YOUNGSTOWN, Ohio, May 20:— Steel production in the Youngstown district will rise next week to approxi- | mately 43 per cent of capacity, after having gone to 40 per cent at the mid- dle cf this week. Next week will be the ninth consecu~| tive weex to show a gain in mill oper- ations here. Carnegie Steel Co. will operate two | additional open hearth furnaces, put- | ting about 40 of the district’s 83 Iur-| naces on the active list. Some of the| active units, however, are small ones. | With the addition, Carnegie will havei 11 furnaces working next week, the| largest number since October, 1929. | In addition Republic Steel Corpora- | tion will shcw a gain in Bessemer Steel | output. | Ordinarily steel produciion shows a seasonal decrease in May. \ | Commodity Price { Changes of Week cific, Pepperell Manufacturing and Na- | tional Sugar Refining. In utilities Electric Bond & Share, Duke Power and American Gas drifted downward. though Consolidated Gas of Baltimore rallied a major fraction Standard Cap & Seal was one of the exceptions to the general trend, ad- wvancing more than 4 points on an early transaction. Darby Petroleum rose 1';. Oil issues generally were rather quiet after Fri- day's upturn in response to prospective Federal legislation designed to assist the industry. Baltimore Market Bpecial Dispatch to The Star. BALTIMORE, Md., May 20.—The egg market has taken on an easier tone the past week under liberal receipts cou- pled with only a moderate demand and values show a decline of a cent a dozen from opening prices Monday, Street sales ‘continue light, the bulk of receipts being offered and sold on the exchange | and going largely to packers for stor- age. Shippers are grading more care- fully, howescr, and the market prices are based on current receipts and near- by firsts with the former bringing 12 cents a dozen and the latter 12'. cents. Poultry Prices. The live poultry market holds steady to firm with little change from la: week except on old hens, which show an advance of a cent a pound. De- mand continues good for fat Spring chickens of the mixed colored Rock riety which meet with ready sale, but stock weighing under 10'. pounds not wanted and hard to move out even at | discounts to the street arabs. Plymouth Rocks, 2 pounds and over. are bringing top prices of 19 to 23, with mixed col- ored selling mostly 18 to 22, but Leg- horns not £o desirable and will not bring over 16 and 17. and 1% to 2 pound Springers generally slow sale at 14 to 18. Old hens in better demand and the market is higher at 12 to 15 for fowl weighing 31, pounds and over, but Leg- horns will not bring over 11 and 12 with all poor, light fowl hard to place | at'9 and 10 and old roesters neglected at 6 tc 8. very limited and only stock weighing 4 pounds and over attracts attention with values a shade lower at 9 to 12. Market for guinea fowl and pigeons steady and unchanged at 25 to 45 each for the former and 15 to 20 a pair for both young and old of the latter. | Despite the increase on the market of new potatces. old stock is fairly good demand and holding steady at 80 to 90 per 100 pounds, but only U. 8. No. 1 standards will bring these prices. Sweet potatoes and yams in good request with market holding steady and unchanged at 75 to 110 per bushel for Eastern Shore sweets, but Virginia stock will not bring over 50 and 75 with yams selling mostly 1.75 to 2.00 per barrel. Receipts of nearby vegetables con- tinue to increase and while a fairly good demand prevails market generally easy with values mostly in buyers favor and the fcllowing quotations: Aspara- gus. 50 to 1.50 dozen; beets, 75 to 1.00 crate; cabbage, 50 to 75 hamper; kale. 15 to 25 bushel: lettuce, 50 to 65 bushel; peas, 1.00 hamper; radishes, 50 to 2.00 per 100, and spinach, 1 to 30 bushel. Live Stock Market. Market for live cattle orr the wharves shows a slight improvement, but values are slow to show any material advance. Most of the arrivals on the wharve: however, consist of common in-between kinds which are hard to place as de- mand is centered mostly on first-qual- ity stock. Quotations today at Light Street Whar! Beet cattle, first quality, 5a12 pound: common to medium, 2!,a4!2; bulls, as to quality. 2a3!,; cows, choice to fancy. 3a3 common to fair, 1'5a2%5; oxen, us to quality, 115a3l;; calves, veal, choice, 5a5';; large fat, Va., 413 large rough, 4a4’:; common. thin, 2'2a3; 1'2a3; Spring lambs. choice, fair good, 5a6'z; hogs, straight, 4a stags, 2a2! live pigs, 6a8; shoats, Va., 6. * Closing grain: Wheat—No. 2, red Winter garlicky, spot domestic, 90; may delivery, 90; June delivery, 90% Corn—No. 2, yellow, spot, domestic, | 59a60; cob corn, 2.7523.00 per barrel. Oats—No. 2 white, domestic, as to weight and location, 36a39; No. 3, 35a 36. Rye—Nearby bag lots, 60a63 By the Assoclated Press. Brokers' loans : Federal Reserve ratio Holdings U. S. securities Gold reserve. ... 2 Rediscounts : Bank cleart b Electric output (kw. h!) week ending May 13 1 three ciphers 0 ending May 13 oil production (barrels) seles (N. Y 3. Y. Stock Exchange). New financing BB Call money rate : Time money rate.... Commercial paper Demand for young ducks | ‘This week. < Exchange) .. $74.266,000 20,960,990 BY H. N. McGILL, Editor, McGill Commodity Service, Inc. AUBURNDALE, Mass., May 20 (P).— | The index of all commodity prices | failed to advance during the past week. | This is the first scven-day period that prices have not increased since the first | week in March. The figure is exactly the same as a week ago. There were | more advances than declines, and out of 14 individual groups 7 successfully | registered increases and only 4 declined, leaving 3 groups unchanged. In every | case price changes were of a limited | nature. Industrial prices were fractionally | higher, caused by higher price averages | for hides and leather, non-ferrous metals, paint materials, coarse textiles | and vegetable oils. | | | Increase in Buying. Since prices of basic commodities started to advance actual buying has | increased to the highest level in over & year, and inventeries are entering rcn-l sumption in & more rapid manner.! During the past week reports generally | confirmed a gradual but steady upturn in industrial activity. Figures available | pertaining to inventory showed a con- | tinuation of a downward trend. i Agricultural prices recorded the first | decline in 10 weeks. The drop was due | largely to lower quotations for cotton, | oats, hay and flaxseed. Plans to facili- tate the farm relief bill are going for | ward, as are plans to stabilize industry by controlling produttion, hours of labor and wages. It requires time to complete the machinery which will | make the plans practical and beneficial. Although this period has no precedent. studies of former periods of unusual price changes feature an irregular up- ward trend rather than a steady, un- interrupted movement. Live stock prices moved upward for' the second consecutive week, principally due to higher levels for cattle, shcep and lambs. The price advance from the low. however, measures 17 per crnt.l against 11 per cent for 2ll commodities. Hides and leather showed the great- | est percentage increase of any group. Both hides and certain leathers were | | substantially above the quotations of | the previous week. | Non-ferrous metals also continued | the upward movement due principally | to_higher levels for copper. | Fine textiles remained unchanged | this past week due principally to de- clines in raw materials being offset by | advances in finished goods. Coarse | textiles, however, used in industry were | sharply higher. | Vegetable ofls, as well as paint mater- ials. reached new highs. I The seven groups that averaged high- | er during the week were as follows: Ingustrial products, livestock, hides and leather, non-ferrous metals, paint ma- terials, coarse texiiles.and vagetable ofls. | The four groups that declined moder- ately were: Agricultural products, | | building materials, fuels and ferrou | metals. | Chemicals, fine textiles, paper and | pulp recorded no change from the pre- | vious week. ‘ Important Changes. Most important price changes in the McGill Weekly Price Index were as| follows: | i commodities | industrials ... . | Agricultural Live stock . Hide and leathi Coarse textiles FOREIGN EXCHANGE. NEW YORK, May 20 (P)—Foreign | exchange firm. Great Brit:in, in dol, lars, others in cents. Great demand, 3.87'4: cables, 3.8714; bills, 3.86%;. France, demand, cables, 4.51. Italy, demand, cables, 5.98. Demands—Belgium, 15.99';. many, 27.04'5. Holland, 46.061;. Nor- | way, 10.69';. Sweden, 19.89!;. Den- mark, 17.20%. Switzerland, 22.1115.| Spain, 9.77. Portugal, 3.54n. Greece, 65'sn. Poland, 13.13n. Czechoslova- kia, 341%n. Yugoslavia, 1.60n. Austris, 1445n. Rumania, .70'on. Argentine, 20.33n, Brazil, 7.59n. Toklo, 23.62%:. Shanghai, 24.45. Hongkong, 2725. Mexico City (silver peso), 28.50. Mont- real in New York, §7.00; New York in | , 1,115.00. i | | | | | Last week. $564,000 66.47% $1.837,193 3,44 Year Ago. $414,000 | 6597 | $1,446,403 2,919,032 464,943 4651498 1,436,928 $618,000 67.1% sl 3.467,508 330.225 4,323,238 1.468.035 omitted in above.) 531,095 2.133.850 343,637 4,000,000 9,000,900 1% 17 34-115% 2% WASHINGTON STOCK EXCHANGE | YEAR 1933 (Reported by W. B. Hibbs & Co., BALES OCCURRING ON THE WASHINGTON STOCK EXCHANGE FOR INCLUDING FRIDAY. MAY 19. BONDS. UP TO AND Sales. $15,000 PUBLIC UTILITIES. & Pot. Riv R. R 1st bs. 1 Ana. & Pot. Riv. R. R.. Chesapeake & Poiomac Va Capital Traction 5s, 1947 City & Suburban Railway 1st bs. 1 Georgetown Gas Light 1st 5s, 1961 Potomac Electric Potomac Electric Power gen. & ref ower cons. bs, 1 Hibbs Building, Washinston, D. C.) High. Low. Close. 940 FETP R ¥ 0 D01, N7 1943, . 1023, Open. 4 a0 BiB. oo 8 kN o s, Washington Gas Light ref . 1958 18,000 52,500 26,300 66,000 Washington Gas Lisht gen. 5s, 1060 Washington Gas Lij series A Washington Gas Light 6s. 1936, series B Washington Railway & Electric 4s, 1051 STOCKS. Div. rate. PUBLIC UTILITIES. Capital Traction Norfolk & Wash. Potomac Electric Potomac Electric Washington Gas Bhares. $100 100 100 Power pfd... 100 50 Light com 20 a0 : Washington Rwy. & Elec. com. ~ 100 0 Washington Rwy. & Elec. ptd. 100 5.00 MISCELLANEOUS. Lanston Monotype Mergenthaler ...... i Woodward & Lothrop ptd . 100 None 160 100 4.00 40+ 7.00 650 1127 i » \ 22 Peoples Drug Stores pid. .. i *40c paid March 51, 1933. ! BONDS. Bales. 'UNLISTED. Metropolitan Club 4'4s, 1936.. 58 263 8% 40 20 106 5 Open. [2% 100% 104 91% 1 Rata 1z 108 1l 203 20 108 20 High. o1 100 10° &0 106 105 5% 263 80 +108% 108 B 80 Low: Close. e tariay. ” 7.0% FOR WEEK ENDING MAY 20, 1933. Low. Close. ~—1033— High. Low. Stock and dividend. 25 13 Acme Steel (1)... 8l 213 Acme Wire vtc. 721 60 Adams Milllx 1st pf (7). 1la % Aero Supply Mfg (B) 815 17 Ainsworth Mfg.... 1% AirInvestors war.. *s Air Inv Inc vte 51 Air Invconv pf.... & Ala Great Southern 3614 Ala Pwr cum pf (7 3 Allied Mifls Inc. . 374 Aluminum Co of Am. 37 Aluminum Co Ampf1%3. 4« Alum Goods Mfg (40¢ 13% Aluminum Co Ltd.. 2 Aluminum Ltd () war 3 Aluminum Ltd (D) war. 1% Am Beverage Corp. . 34 Am Book Co (4). # Am Capital (B). . : AMCItP& LA (ad).... Am City P&L (B) (15¢). # Am Com Pow A. . & Am Com Pow B 4%, Am Cyanamid (A) 31 Am Cyanamid (B) s Am Dept Stores. 2t Am iq i 2% Am For Pwr war * Am Founders. .. 3 9 Am Foundries 1st pf D.. 17% Am Gas & 6915 Am Gas & 12% Am Hardwa 2 Am Investors Inc # Am Investors. Ine, war. 6* Am Laundry Mch (40¢c). 12 Am Lt & Traction (2)... 15 Am Maize Products (1). & Am Maracaibo. A 5 Am Meter Co 8 Am PPotash & Chem. . 21 Am Superpower. . 52 Am Super 1st pf (6).. 15 Am Superpower pf. 2% Am Thread pt (25¢) 2 Am Transformer 4 Anchor Post Fence . % Arcturus Radlo Tube. 1'a Ark Nat das. . 1 ArkNatGas A 2 Ark Nat Gas cu pf 4% Armstrong Cork n. Art Metal Works....... 2% Asso El Ind Ltd p9 1-5c. 1 AssoGas& Flectrie 1 AssoGas& Elee (A). % Asso Tel Utilitie: 1 Atantie C 1% Atlas Plywood 57y Atlas Utilities Corp « Atlas Utilitles war. 3 Atlas Util pf (3) 1% Auto Voting Mac . 2512 Axton Fish Tob A 3.20.. 256 Babeock & Wilcox (1). 1 Bellanca Alr vic. .. 70 Bell Tel of Canada ( R1 Beneficial TL (1%%). 3 Benson & Hedges. ... 4% Benson & Hedges pf... 21 Black & Decker M{g. 1% Blue Ridge Corp 21t Blue Ridge ev pf (a3) 2 Blumenthal (S). . 6 Borne-Scrymser « Bourjols Inc (k2ic) = Bower Roller Bearing. 6 Brazilian Trac & Lt... 1 Bridgeport Machine. 15 Brill Corp A. % Rrill Corp B. 6% Brillo Mfz (60c) 16 Br-Am Tob B cu (p37.3¢) 1 Brit Cel Ltd rets 25 Buckeye Pipe Line (2). 16 Buffalo N&EP pf(1.60) 75 Buffalo N&EP 1st pf(3). 14'; Bunker Hill & Bullivan 'y Burco Inc war. . 1'2 Burma Ltd rets (plic). 1; Butler Bros 1 Bwana McKubwa Corp & Cable & Wire B rets 23 Cable& Wire pf (k6 1 *21; Can Indus Aleohol ( R Canadian Marconi 14 Carib Syndicate. 5 CarnatfonCo...... 4 Carrier Corporation 51 Celanese Corp pf (7). 27 Celanese Corp 1st pf. 2 Celluloid Corp........ 101: Cent Hud G&E ctfs 80c Cent & n Util pf Cent & vn Util prin Central States Electric Cent States Elcevpfn ‘ent SUEI 6% pLXW. ... antrifugal Pipe (40c). . Chesebrough (16 3 Childs Co pt. Citles Service. Cities Service p ities Serv pf B. ies Service (BB) Claude Neon Tnc...... Cleveland ElIllum 1.20 Cleveland Tractor Club ATumn Utensils Colon OI1. Colts Pat Fire Arms(1) Colum G&E ¢v pf (3)... Columbia Ol & Gas vte. Columbia Pictures Comwlth Edison (5). Comwlith & Son war Community Water Serv Comstock Tunnel. ... Consolidated Aircraft. Consol Auto Mer cm pf Consolidated Copper. Consol Gas Balto(3.60) Consol Royal (20¢). Contl Gas & ELpr pt (7). Cont Securities Corp. Cooper Bessemer. . 4 Cooper Bessemer pt Copper Range. Cord Corp (10¢) Corroon & Reynolds. sden Oil. . Cosden Oil cod Courtaulds (p8lzc). Creole Petroleum. . Cresson Consol (4¢) . Crocker Wheeler. Crown Cent Petrol. Crown Cork Intl (A). Crown Zeller pf B (173) .. Cuneo Press (1.20).. Cuneo Press pf (612) Cuzl Mex M!ning. .. Darby Petroleum. Davenport Hosiery (30¢) Deere & Co. .. e Derby Ol & Refining. . Detroit Afreraft... Dochler Die Casting. Dow Chemical (2) Driver Harris Co Dubilier C & Radio. 2 Duke Power (1) Durham Hosiery (B). Duval Tex Sulphu Fast G&F Assoc (f0c). 2t G &F Asso pf (6) astern States Power. astern Utility «tern Util Assocv asy Wash Mach (B) Edison El Boston (10). ler Electric Corp 25% c Bd & Share(b6% ). 46 Bond & Share pf (8) 42 Bond & Share pf (5) 814 sc Pwr Assoc (40¢) 8y ¢ Pwr Ass0 A (40¢).. 4 P& LoDt WAr....... 17 lec Pwr & Lt 24 pf (A). 4 lec Shareholding . 48 10 o pire Gas & Fuel 7% reka Pipe Line (4) Ltd A (30c) rop EI Ltd deb ris. Ivans Wall Lead. . 2x-cello Air & Tool “alrchild Aviation. jardo Sugar Falcon Lead. Fausteel Prod . Fedders Mfg A. Fiat rets (p5015¢) Fisk Rubber (new)... Fisk Rubber pf (new). Flintkote Co (A). Florida P& Ltpf..... Ford Motor Can A... rd Motor Can B. . Fod Motor Ltd. Foremost Dairy pf. . Foundation For Shrs anklin Mfz Ca. Franklin Mfg pf i Gen Alloys. .. General Aviation. . Gen Elec Ltd 20 2 Gen Fireproof Gen Gas & Elec Gen Pub Service pt General Rayon (A). ® 4 591 39 it 2213 13 3 I 3 1 17415 1325 1 : & 5% 2% 124 3 35 lg"i 1 k) %. Gen Theat Equip cv pf 88 51 . GenTire & Rubber pfA.. 1,000 [\upymmsuw.m..‘u, B S _ % 1% _ cT04 3% Georgia Powekpt (6) e High. 25 81 67 e 814 » 2% 14 21 Riy 2 175 24 615 67 1 % " 2 14 22 49 6 59 54 9 30 2% 6l 215 48 24 81 67 1 815 % 24 14 27 6 611y 58 9 314 2% 2'¢ 491 High. 144 Stock and_dividend. Glen Alden Coal..... Globe Underwrit (k3sc). Godschaux Sugar B Gold Seal Elec new. Gorham Ine pf Gorham Mfg v.t.c. (p1) Gray Tel Pay Station Great A&P Tean-v(17 Great A & P T 1st pf(7). Great North Paper (1).. & Greenfield Tap & Die. Groc Strs Prod vte. Guilf Ol of Penna..... Hamilton Gas vte. Hanpiness Candy Hartford BI T, (2.75). Hazel Atlas (13%4).... Hazeltine Corp. Hecla Mining. Helena Rubinstein. .. Hires (CE) Co A (2).. Hollinger Gold (+70¢) Horn & Hardart (2) Hudson Bay Min & S. Humble Ofl (2).... Hydro Flee Securi Hygrade Food Prod Hygrade Svlvania (2). 11 Pwr & Lt pf (6) Imp Oil Ltd coup(50c) .. : Tmp Ol of Can reg (50c) Imp Tob Gt Brit&I pd Indlana Pipe Line Indianap P&L ¢ pf (1 Indian Ter 11lu Ol A Insur Co of Nr Am (2).. Int) Cigar Mach (17 Intl Hydro cv pf (3 Int] Petroleum (1). Int] Products. ... Intl Safety Raz (B) Intl Utilities (A). Intl Ttilities (B).... Intl Ttilitles war new, Interstate Equitles. . ... Interstate Equity cv pf. Interstate Hosiery (fic) Interstate Pow Del pf. Irving Air Chute (40¢) . Irving Afr Chute (war). Ttalian Superpowr A. Italian Super deb rts. . Jonas & Naumburg. Kirby Petroleum (10c) Kirkland Kleinert (1 B) Rubber. . Knott Corporation. Kolster-Br (Am shs) ... : Kopper Gas&Coke pf(6). 62 Kress (SH) sp pt (60¢).. 101 Lake Shore Mines(215). 331, Lakev Fdrv & Mach.... 1 Land Co of Florida . 1% TLefcourt Realty o 1% Lehigh Coal & Nav (40c) \ Legnard Oil. o Lerner Stores. . Lerner Strs pf w Libby MeNelll & 1. .one Star Gas (bg4c Long Island Lighting Long Tsland Lt pf A ( Louisiana Lan & Ex. McCord Radiajor B Mapes Consol Mfx (3). Maryland Casualt Mass Util Asso. Mavis Bottling (A) Mayflower Asso (2) Mead Johnson (3) Memphis Natural Gas. Mercantile Stores (1). Merritt Chap & Scott Mesabi Tron. = 2 Met Edison p! Mexico-Ohio Oil. .. Mich Gas & Oil Corp. Midl Sta Pet vic A. Midl Sta Pet vtc B. Midl West Utilities Mid West cv pf new xw. Midland Steel Products. Midland United Minne-Honey vf (8). Mining Corp of Can Moh Hud P 1st pf (7) Montzomery Ward (A). Mont Lt H&T (1%).. Moody's Inv Sh pt pf(3). Mountain & Gulf. .. Mountain Prod (S0c). .. Mountain St Tel&Tel(8) 94 at Amer Co : Nat Aviation ; 9 at Pellas Hess. .. 24 Nat Bord & Share (1)... 32 Nat Fuel Gas (1). 141 Nat Investors. . Nat Investors war. Nat Investors pf. t Leather Nat Pwr & Lt pf (8) \at Rubber Mach Nat Service Co Natl Service Co pf. at Steel (war) t Sugar N J (2) t Transit (80c) sner Bros pf.. on (Herman)...... ewherry (J 1) (80c). New Bradford Oil. .. New Eng Pow nf (f). New Eng IS $7 prlien. . New’Jersey Zine (2). New Mex & Ariz Land Newmont Minin«. ... N Y & Hon Ros (¥113). NY 4).. 2).. 128 e Niagara Hud (A) war. Niagara Hud (B) war., Niag Shrs (Md) B(20c) .. Niag Shrs (Md) pfA(6). Niles-Bement-Pond. ... Nipissing. .. Nitrate Corp Chile (B) Nor Central Texas. .. Nor European Oil Corp. . Yorthern Pipe L (50c) . Norih Sta Fwr (A) (4).. Northwest Engineering. Novadel Agne (5)..... Ohfo Brass (B). Ohio Copper. ... . Ohio OIl n eu pt (6) Oil Stocks 1td. Oklahoma Nat Gas pf. Outhonrd Mot (A). Overseas Sec. Pacific East Corp. . Pac Gas&El 1st pf (1% Pacific Lighting pt (§) Tacifie Tin (spel) Pac Western Oil Pan Am Airways. Tantepec Oil Taramount Motors. . Tarke Davis (1) Parker Rust P (2 Pat Sargent (30c) Penroad Corp. . . Penn Water & Pwr (3). Pepperell Mfe o, . Tetrol Corp war . Philadelphia Elec pf (3) Phil Morris Inc Phoenix Secur Corp. Phoenix Securities pf Pilot Radio Tube (A) Ploneer Gold (24c).. Pitney BowesP......... Pittabgh Plate G (80c). Potrero Sugar. ... Powdrell & Alexand. & Premier Gold (12¢) Trent Hallev (3).. = Royalty. . al Inv ve Ind prpf (7) or 111 (3) Public U'til Hold war Publie 17til Hold xw . Publle Uil Hold cm pf Puget Sd P&L 85 pf Puset S P& $6 pf Pure Oil pf (1'2).. Pyrene Mfk. 5 Quaker Oats (13).. 1 R Shares Corp. Railway & Light Sec. Rainbow Lum Prod B. . Raytheon Mfg Reiter-Foster.. Rellable Store; Reliance Management. ., Republic Gas Corp. Reybarn Co......... Reynolds Invest Rice Stix Dry Goods . Richfield Ol of Cal pt. Richman Bros (3) ke Kumler e an Antelope Mines osevelt Field Inc ot Refining Co . oot Refining cv pr pf. .. Ro3sia Intl COrp. - qu-een Royal Typewriter...... Rubberoid Co (1) yan Consolidat Ryerson (Joseph) Safaty Car H& L (1) 4 St Anteny Gold. W4 Bt Roegis PADOr. e smmew — Low. Close. Chge.| High. Low. LY 5y an & 133 12% 12 169 1194 15 1% 1 4 18% 51g Net + 3N 1 ~—1933—~ High. 281 Low. Close. 25 2 Stock and dividend. 328 St Reglis Paper pf. }a % SaltCreek Consol. 3 1t Creek Prod (1).. 114 hiff (The) Co (1). 17 covell Mfe. ... 1 Seaboard Utilitie: 7% Security Corp General. 36 Seeman Bros (21%). 1 Sezal L & Hawr. 4 Seiberling Rubber 2% Selected Industries. 56 26'¢ SellIndall efs( 3 “lect Indus pr pf 4 Seton Leather. . Shattuck Den Min 2 Shawin Wat & Pwr(30c) +Shenandoah Corp. . henandoah Corp pf. Sherwin-Williams. ..... Sherwin Williams pf(6) ierra Pac Elec pf (6) Singer Mfz Co (6) Smith (A 0).. 4 smith-Corona Tpwr vic. outh Am Gold&Plat. South Penn Ol (1) o Cal Ed pf A (1%) 0 Cal PEB (133).. o Cal EApf C (1%). outhern Corpor: outhn New Eng Tel(8). outhern Pipe L (40¢) .. Southland Royalty (20¢) Stand Invest em pf. . Standard Oil Ind (1). nd Ol of Ky (1). Stand Ol of Neb (1). and Oil of Ohio nd Oil of Ohio pt ( tand Pwr & Light. Standard P&L (B) tan Pow & Lt pf (7) Stand Silver & Lead. Starrett Corp. ... Starrett Corp pf troock & Co. .. Stutz Motor Car Sullivan Machinery un Investing. unray Oil... ... Swan Finch Oil. Swift & Co. . s Swift International ( Swiss Amer El p Taggart Corpo Tampa Elec ( Tastyeast Inc (A). Technicolor Inc. ; Tech Hughes (6 4 Texon Ofl & Land 117 Tub Prod of Delw i Tobacco Prod Exp (10¢) payment stock Not Stock and dividend. High. Low. Close. Chge. Tonopah Belmont. . R RS Torrington (2). 30 0% - % Trans Air Trans 5 5 Trans Lux DL PS.. 3 Tri-Contl Corp war. Tubize Chatflion Corp. Tubize Chatillon (A) : Tung-Sol Lamp. T'n Gas of Canada Tnion Tobacco. United Car Fast Unit Chemical pt pt Unit Corp war. . Unit Elec Service. Unit Founders. . Unit Gas Corporation. Unit Gas Corp war. United Gas Corp pf ( Unit Lt & Pwr (A). Unit Lt & Pwr (B). Unit Lt & Pwr pt. . Unit Shoe Mach (213). Unit Shoe Mch pf(1%4) Dairy (B) S Elec Power ww b ) 1% L) "y il (B) (200). S & Internatl See S Inter Sec 1st pf 7S Lines pf. . Util Power & Light Util Power & Lt pf (7) Util Pwr & Lt (B) cfs. Utility Equitfes. . .. . U'til Equities pt (314 Utility & Ind. . Ctility & Ind pf. Van Camp Pack Van Camp Packing pf. Venezuela Petroleum. .. Wagner Elec. ..... Walgreen Co (1). Walker (Hiram)........ Walker (H) pt (1).... .. Walker Mining. Watson (J W) Co. Wayne Pump pf Wenden Copper Western Md Ry Willlams (R C). Willow Cafaterias. Woodley Petrol. Woolw'th Ltd p24 3-fe. Wright Hargreaves 20c.. 43 % YukonGold Co......... % Dividend rates in dollars based on last quarterly or semi- tPartly extra. P) % & Payable tn stock, - 7 Blus § +4+ [+ +1+4+110 nn in stock." & Payable in. cash oF 1 Todd Shipyard (1)...... 14 Toledo Edison pf (6) N ADVANCE IN COTTON ‘ BRINGS OUT SELLING Liguidation Has Appeared During Week as Market Approached 9-Cent Level. ! By the Ascociated Press. NEW YORK, May 20.—Rccent sharp advances have been followed by irregu- lar fluctuations in cotton with reaction- ary sentiment mjore or less in evidence | at times during the past week. After | selling off from 8.93, the peak of the { movement. to 8.44 for July contracts on Monday, prices rallied on a more favor- able view of the European political out- look promoted by the conciliatory speech of Chancellor Hitler. July sold ' up to 8.86 or within 7 points of th» recent high, but enccuntered renewed | realizing or liquidation and prices re- acted partly later in the week. According to the Census Bureau, do- | mestic mill consumption for April { amounted to 470,685 bales against 366 481 for Aprf last year and the New Cotton Exchenze service says that present rate of mill activity is the highest since Janua 1930, when busi- ness ectivity and manufacturing pro- | duction were just beginning to feel the economic _depression. Both Southern and New England mills are said to have been fixing prices and buying spot cot- ton more freely and while offerings have been more liberal in the South the basis has continued steady. Sales | of so-called Red Cross cotton out of | the Norfolk and New York stocks. amounting to about 41.000 bales, have attracted considerahle attention and are sunrosed to have led to a little hedge selling here and in Liverpool SHOR! (Repotted by Chas. _TERM SECURITIES. D. Barnr =id Alis-Ohalmers Ca f st American “Beet it Amer. Tel A= Tal Am. Wat. Wks. & EI Reldine Hemingwas RBsthlehem Steal Co. California Packing Canadian Nor. Rv. 4135 Chesa. & Ohio RWy. A8 Chic. & North. R. iil.s Chicago Rock Island 4s Colorado & So. Ry. 4123 Commercial Credit 51ss Delaware & Hudson bs Denver & R. G. 413 1 Edison Elec.' Tilum. 45 Gen. Petroleum Corp. 5 Gen. Public Service 51>s Grand Trunk Canads s Great Northern Ry. 7s 1 Llinois Cen. R. R. 6 Keystone Telephone 5 Laclede Gas Light 5s Lake Erie&West. RR. Lou, & Nash R ent. & H. R, N Y. Chic. & St. L Northwest. Telep. 41 Penna. R. R. Co. Portland Gen. E Republic Iron & L Sinclair Con. ‘Oil 75 1 Southern Pacific 35’ 1114 Union O1l of Calif. 5s Vireinia Rwy. & Pwr Wabash Rwy Exceptional apportunity for women social standing. to make a highly munerative cannection with e company of unauestiona bl ation Service expected will interfern financial s large. with little effort. Private interview for details. Replies confidential. Address BOX 187—1J, Star Office HOME INSURANCE Larsest Fire Insurance Co. in th U. 8. Continuous Dividends for i years Selling at a bargein price and actually below liquidating value. On outright, conservative margin or hly' payments. Circular on Request Robert C. Jones & Co. Shorebham Bldg. ME. 20 0 Outstanding LOW PRICED STOCKS In our April 1st issue, we recommended six stocks (o provide protection in the event of infla- tion or continued deflation. The following tabu- lation shows how they advanced since then. April 1st May I6th PennsylvaniaR.R. 17 1% uy 57 55 99y 8% % ke 3% nYy 37 ' TOTAL GAIN 134% If you did not benefit in this advance—if you want to fcvest to protect your funds should in- flation take hold more vigorously—to benefit by business expansion—you will find the informa- tion and counsel of The Magazine of Wall Street invaluable. ‘We have now prepared a ““revised " list of 10 low. priced stocks offering, in our opinion, outstand- ing possibilities in the months just ahead. Sent by return mail to all new subscribers who take advantage of this special introductory offer of the next 5 issues of the magazine for $1. (Value $2.) Pin 31 1o this adzertisement and masl with your address ioday A NEW LIST! Corn Products Ref. du Pont de Nemours 1.C. Penney Co. . | hPlus 1% in stock. | regular rate. m Pius © yea 32 58 412 no regular rate. 1 Plus 8% In stock. g Fius 6% in stoek. 3Flus 2% in et 3 3% in stock. B R EARNINGS REPORTED, | NEW YORK, May 20 () —Per share earnings af corporations reporting in | the last week with comparisons with the previous year, included the follow- | ng: QUARTER ENDED MARCH i D e 7L o Columbta~ Carbon | Goty Inc. Atlantx Coast Line R.'R..0 0 American Commercial Alcohol . Columbia Gas & Electric. .. .. American Safety Razor Associated Ol - PR ) HS ENDED 3 Southern” Calitornia. Bison <] 2.5 Metro-Goluwn PEtes ot eh 11 $12.10 | Metro- ¥yn_Plctures ofd . $6 2. EAR ENDED' DECEMBER 1.0 1931, 1932 T Standard Oil Co. of N. J. nul Creole Petroleum COPPER BUYING. NEW YORK, May 20 w).—cwper' buying is at a slower rate here and in | the export market, but dealers report | that holders are not seeking to force sales in either market. WILL SELL (Siiblect to Prior_ Salé) rn Industrial Bankers @‘ $5.70 Per Pr. Sharex—Voiing ¢ THE COLUMBIA C 700 Southern Blds. We recommend I A BOND INVESTMENT | interest earned 4.8 times vield Earnines report and descripiive pamphles + Free Upon Request } George M. Ferris & Co., Inc. || Washington Bide. Nat. 5925 A LOW PRICED SPECULATION NATIONAL BELLAS HESS LISTED NEW YORK CURB IDFR HOUSE REQUEST Waggaman-Brawner & Co., Inc. 1700 Eye St. Brewery, New York City selling @ 831 pected to be listed on the N. Y. Curb i r_future. Now listed on Produce Exchange. An purchase at the present Falstaff Brewery St. Louis, Mo. Recently issued and recommended u @ ‘now ‘selling for 314 per hare on the N. V. Produce Exchan; xpected to be listed on the N. 1 ient Stock Exchange in the ne: Recommended by us as an outst, ing investment e i in the brewing LAWRENCE R. LEEBY & CO. Investment Bankers Southern Bldg. NA. 6820-1 lat 20% " 6% Interest JAMES F. SHEA 643 Indiana Ave. N.W. OUTSTANDING BARGAIN Each coming issue of The | Financial World will con- tain several analyses of sound stocks with profit possibilties. Our May 24th issue will present sev- era! such attractive oppor- tunities, including a study of “An Overlooked Lever- age Stock” which is selling )% less than its net working capital per share and for only one-half of its |book value. Its current as- |sets are ten times current liabilities. This stock, rep- resenting leadership of an important industry, will pr‘ofit substantially by the in¢reasing price trend of its principal commodity. Mail Only $1 And This “Ad” For: Four next issues of the Finaneial World 5. May issue of “Independent praisals of Listed ’S’mh (tAl’l; 48-page book shows earnings eom- parisons, our ratings, ete., of 1350 stocks ) “Beneficiaries of Inflation” and “10 Outstanding Stocks Fbr Recovery” A New Basis For Selecting Stocks,” “Time To Buy A Feor- tune?” and “Sound Investment Rules” A complete q is of two wunm- usually attractive low-priced stocks and "5 Stocks Behind The Market” TFINANCIAL WORLD 53-FM Park Place New York YOU CAN ENJOY THE GOOD THINGS THAT MONEY PROVIDES —by insuring a definite income from your surplus funds through invest- ments in our Ozer Forty Years 3 The of throughout return 6% FIRST MORTGAGES does not change the period for which the Magazine of Wall Street | 90 Broad St pe, w. 5.-08 New York, N. Y, «Experience First Mortgage Investments B. FE. ational 2100 loan is made; and the security is sound -in character. May be purchased in amounts from $250 up. SAUL CO. 925 15th St. N.W.