Evening Star Newspaper, May 23, 1933, Page 13

FINANCIAL. sxs A—=13 CURB SHARES GAIN D. C, TUESDAY, MAY 23, 1933. N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. NG _STAR, WASHINGTON, IFARM PRICES FAIL BONDS ON THE CURB. FINANCIAL. ON NEW YORK o SPECULATNEBOND | BOND'S $7ockmekehone Selesin = DOMESTIO BONDS ~ GROUP IN DEMAND S s Low-Grade Rails and Indus- trials Show Gains in Active Market. ™ BY CHARLES F. SPEARE. .pec:u Dispatch to The Star. ° NEW YORK, May 23.—The resump- nhion of active speculation in stocks and . Fhat appeared to be the beginning of a movement on the part of the Federal “Reserve to purchase Government securi- ties were the chief influences today in the domestic bond market. Foreign ucs were not so much benefited by e more cheerful news from Geneva as ‘hlght have been expected. {uThe activity and the strongest mar- t in the Treasury list were in the unt lcans, which naturally would be the ones that -the Federal Reserve :nni would nni;e;fiqmn mnlnitng‘i_:' program of credit expansion. e “weekly statement of the member banks sshowed an increase in holdings of Gov- ernment securities of $26,000,000. That «of the Federal Reserve banks on Thurs- »d.ly is likely to give some idea of the portions of the buying under the flation act. “The premium Treasury loans were lso higher, with the Fourth Libert s selling well above 103. per cent Treasury notes, due in 1938, | are gradually cutting down the discount which has prevailed ever since lhls dssue was marketed. o »#*German loans were inclined to r!ac',l t the start. French and Belgian issues were higher, as were those of Australia, JArgentina and Serbia. -1 The speculative demand for low-grade ;rails as well as industrials and public utilities brought with it substantial im- provement in the mortgage and deben- -4ure issues that had been heavy for meveral days. Notably strong were SGhesapeake Corporation 5s, Chicago & -Northwestern 4%s, Erie refunding 5s, Great Northern general 7s, which -touched a new high price for the year; Hiinois Central 4% s, Missouri Pacific 5s, aNew York Central 55 and Southern ~Railway 6s. The range in this group Jwas from 1 to nearly 2 points. In the -low-grade public utilities American & Foreign Power 5s, International Tele- -phone & Telegraph 5s, Postal Telegraph | s and Interborcugh Rapid Transit 5s were distinctly strong. ~Features in the industrial list were (JHouston Oil 5%s, Hudson Coal 5s, Pure 5135 of 1940, which were at & new thlehem Steel purchase money -bs, Dodge Bros. 6s, Chile Copper 5s and s¥exas Co. 5s, which were back to 90. Shell Union Oil 55 were heavy on the loss reported for the first quarter of this year of $9,239,550. In 1932 the company retired - over $26,000,000 par ue of its bonds and has further re- ced its funded indebtedness by pur- at a discount this year. Grain Market By the Associated Press. w3 CHICAGO, May 23.—Lively jumps in took wheat up about 21; cents 3 elhdnyrye!cumfloomn 'Eéms with broad markets in all cereals. “-Indications of renewed likelihood of qmnk governmental action to lift com- modity values under the farm emer- than 100,000,000 bushels in the t productions of 26 countries this ‘Beason, including Russia. ‘Wheat closed firm, 1% to 2% above yesterday’s finish; corn, 1% to 1% up: oats, 3 to 1% advance, and provisions to a rise of 37 cents. ‘Bpecial Dispatch to The Star. . NEW YORK, May 23.—The cotton _z;noed over 30 points and clo 23 to points higher than yesterday. Ag- ive pm!enloml buying operations resumed and closed the market at m wp. 8pots were advanced 20 points . Ootton range: ePORRe Pt 1t issins COAL OUTPUT GAINS. By the Associated Press. Bituminous coal production showed & sharp rise during the week ended May 13, as compared with the previous week.. In the table that follows the output is given for comparable periods, as reported by the bureau: ‘Week ended May 13 .5,080,000 tons vious week ... .4.810,000 tons week last year . 4,295,000 tons e Washington Stosk Exchange | SALES, WWashington Rwy. & Elec. pfd—20 at 8615, 10 at 86%. mlul Traction Co.—20 at 82 AFTER CALL. “Georgetown Gas 55—$10,000 at 1021¢. Norfolk & Washington Steamboat Co.— | 110 at 79. Anacostia & Potomac R. R. 55—$1,000 at 37. | Neotice—By action of the Board of | wernors as of this date, including to- | 5‘:; all transactions in Norfolk fwashington Steamboat Co. shall be on :me basis of ex-redemption privileges, as | Lready stated to stockhoiders of record ’,-r;y 4, 1933. Bid and Asked Prices. BONDS. PUBLIC UTILITY Amer Tel. & Tel 4'as '89... Tel & Tel ctl- tr. 55 Anlcuatm & Pot. R. R bs. . ‘Ans & Pot Ovar, 58 (AR TR o' Va B G pital Traction B, R b y & Suburban bs. | Guareetown Gag 1st'Ls. ons. Asked. fl!!CI’JJJNEOUB rber & Ross, Inc., 6'as Chage Club 4 Country Club b'.l oo'fi mfu:'m 3 Title 6s.. ... (] fl 4:“5‘5' o5 e, (156) L',:‘" » bl The 2, { Argentine 65 | Clev Ter 548A"72. 50 | Colo & Sou 4145 ‘80 UNITED STATES. (Sales are in $1.000. High. Lot Lib 3%s 32-47. Lib 1st4 s 32-4% . Lib4th ¢%s 33-38 109 29 Abitib) P&P bs '53. 10 1 Ab & St5%s 43 1 Alleghany 5s’44.. 49 Alleghany 55’49, Alleghany 6s '50. ! Allis-Chalm 68 '37. Am F P 582030.... 8 Am IGChb%s'49. Am Int1 513849 25 Am Sm&Ref bt . Am Sug Ref 6337, Am T&T 4148°8 Am T&T deb s '60. Am T&T deb s '65.129 Am T&T 5%s'43.. 17 Am Wat Wks5834 3 AmMWWE&ESs'Ts 1 Am Wr Pap h '41 1 Antioquia Argentine z- Argentine . Argentine 6s g; ;{ 1: tine 65 u Argen’ i | Argentine 63 A’57. | Argentine 6s B '58. Arm & Co 4339 Arm Del 5%s 43. Atchison gn 4s°95. Atchison 414548 AUCL 1nt4s’s2.. AUCLcol 48’52 At Gul&WI by At] Ref db 5 Australia l%- l‘ Australia 63’55 Australia | Sk Aus rln 71‘51. B&O1st4s’s B&O1st5s’4 B & Oref 58’95, BIOHBBDZDOO. 62 B&Orf8sC’s B& 3 &0 Swdvb5s’50. 12 Batav Pet 4% 4. Belgium ¢ . Belgium 1.:55 Benef Loan 65 '46. . Berlin Cy Bl 65755 11 Berlin 63%s°50. ... 10 Berlin C El 6%#'51. 10 Berlin C E! 614! Beth Stl pm 1 Beth Stl rf s '43.. Bolivia 18 58, < 101 <3 =308 00 3010 19 0N i 20 1= 90 2013 100 20 1 20 0O 10 Bordeaux 6s'34. &Med¥s'61J. Bklyn Man 6s A 68 Bkiyn UnGas 58’45, Bklyn UnGas Sl’i"l. Can Nat 5s 69 Oct. Can Nor 43s'35... Can Nordb 6%4s'46. Can Nor deb 7s°40. Can Pac deb ¢s. Can Pac 4%s°48. Can Pac 43%s '80 Can Pac 5s ‘44 ctf. Zan Pac bs ‘64 Ci Cent Pac 1st 4849, Cent Pac 53 60. Cen Ry NJ gn 55’87 6 Cert-td db 6 Ches Corp 58 ‘47 C&Ogen 4%8'92. C&O4%sA'93 C&O04%sB'SE C&Oconbs 39. CB&QEgn 485! CB&Q4%s'TT CB&Q 11 3354 b Chi Grt West l-'u 24 Chi Ind&L gn 65’66 16 CM&StPgn 4s'89. 6 ChiM &StP4%4sC 2 Chi M&StP 438 E. 89 % C M StP&P 58'75. 231 CM&StP ad 58 2000 107 Chi&NW gn 3%3s'87 1 Chi & NW gn 45’87, 13 Chi&NW 43s 2037. 19 Chi&NW 434sC'37. 24 Chi & NW 4%, s°49. 242 Chi&NW rf 6s 2037 Chi & NW 63;s36. Chi Rwys 58°27 Chi RI&P rf 4s* 34, Chi R1&P4%s8'52 0 Chi Un Sta 58 Chi Un Sta 6% (‘A“ Ind cn 4852, C& W Ind5s%s'62. 3. 3 Chile Mtz Bk 6861 CCC&St L 4%sE'T7 Clev Term 68 B '13. C Colon Of1 6s 38.... Colo & Sou 4%s '35 | Col G&E 5s 52 May Col Gas & E 58 '61. Com Inves 53s '49. Cons C Md rf 63 '50 { Con G NY 4%8s'51. | ConGas N ¥ 68’57, Con G NY 6%8'45. Con P Jap 6%8'50. Con Pow Jap 78 "4 Consum Pow 58 '5: Copenhag 4%s 53. Copenhag 58 '5: Cuba Nor %3 43, Cuba 5%8'45 Cuba R R 1st 5 Cuba R R 65 '36 Del&Hud ref 4s ‘43 Del Pw&Lt4%s'71. Denmark 4% Dcnmlrks’yl 5 Denmark 6s 42 D& RGren 4s'38 D& RGr4%s'36 D&RG W b8 '56. or - 00D 1o 10 1 = DU 0 01 S 0 01 €1 £100 50 1 00 Oh 009 50 1 1 1 DO NS IS N 09 e B e NS o e o R -Foanah Bales. High 16% 15'% 8914 89% 89% | Grand Trunk 1 101“ 101% 76 81l 3 % 1004 1004 0 92t 928 91% 90% ’ mu. 1043 % 4 102% 112% 110% Gen Baking 64540 Close. Gen C-lbllS%l ‘47 1029 | GenStCas5i 10213 { Gen Th Eq5s’40. . 1084 | Ger Cent Bk ¢s'3 9825 | Ger Cen Bk 6: 9928 | Ger Cen Bk 6 10129 | Ger Cen Bk 7. 10130 10129 103 29 105 14 1098 45. Low Oiose. | Goodrich 634 47 14 15% ; Goodyr Rub 7 43 Grand Trunk 7s'40. 10 35 Gt Brit&Ir 5%s '37 165 17 | GrtNor4%sD'76. 3 83% | Grt Nor 4 48 E'71. 43% | Grt Nor 55 C'73... 77 | Grt Nor 5%s B '52. 76 | Grt Nor gn 7 851 | Greek 65 '68. 94 | Haitl 6s'52. 104% | Hudson Coal §5 °62 1.17 105% | Hud & M adj 68’67, 16 103% | Hud & M rf 63 '67.. 10 100% | Humble O11 5537 . 2 }Rg:; Hungary T%s'41.. 5 90 111 Bell Tell 68 °56.. 17 771 | 111 Cent et tr 32 | I Centel tr 1% | Il Cent rf 4; Iil Cent 4% 111 Cent 6% s '3 I11 CCStL&N 4% 11 CCStL&N 55 A . 111 Steel db 4% #'40. Inland St 438 A'78 Inland St ¢%sB'81. 7 Int Mer Mar 6s°41. 8 Int Rap Tr rf 55 '66 108 92%; | Int Rap ar 63732, 9314 | It Rap Tr7s'32.. 8% Int Cement 5s '48 “|Int&Gt N 5s B'56 50 | Int &Gt Nor 65’ 10‘:‘ Int Hydro El 68 44. 16 A |int Paprefbs AT, 81 Bl Int Pap 65'85. ... ;g" g;' Int Ry C A 5s ‘72 ' ?| Int Ry C A 634547, B4% 56¥ | Int T & T 4%s'39.. 81% [ Int T & T 43s 41% | ™0t T & T Ks 85, 87% | Ttaly 73’61 55% | Japanese 5% ¢5. . :: Japanese 6348 '54. . 78 | Kan CF S&M 4n'38 % | Kan GAE 4% s 60 | KanC P&L 4343’61 96 |Kan City Sou3a'50. 961 | Kan City Sou 68’50, 101 Kan City Ter 45'60. 00% Karstadt 6s'43 . s ““ Kend 5%s'48 10815 | Kresxe Found ¢« 83 | Laclede Gas 55 '34. 303 | Laclede 634 C '53. 32 | Laclede 53%s D '60. 467 | Lautaro Nit 65 54. 46 | Leh Valcn 452003, 94 | Len Ven 4352003 91% | Leh Val cn bs 2003. 5% | Lig & Myers 6s'51. 54 | Lig & Myers 78 '44. 6% | Loew's 6341 1127% | Long Isl rf s 6614 | Long Isl db 58 '37.. 70 | Lorillard 65’51, Lorillard 75°44. 538 L&Nuni¢s'40... L& N 4% C 200 L & N 68 B 2008. 01 | L & N rf 638 2003, 107 | Lycases’s 103% | McKes & R 5% '50. 100% | Manhat Ry cn 4890 50% | Market St 7s A '40. 97 | MilERy&L 5371 MSP&SSM cn 4538 MSP&SSM cn bs '38 MSP&SSM 6s & | o Mo PacbsG '8 Mo Pac 55 H '80. Mo Pac5s1°81 Mo Pac5%8 A ‘49, 895 | Mont Pow s "43.... 921 | Mont Pwr 5s A '62. 4714 | N D-lryb'tn“ . 82 | Nat Steel 53’ 1 100% | N Eng T 1st 92% | N J Power 91%( NOT&Mb% 104% [ Nw 8 Wales 5s'57. 90 |{NwS Wales58'68.. 8194 N Y Cent 3%5'97.. N Y Cent db s 34. NYCre4 N YCrt4is20i3n N Y Crf6s2013... 47 N Y Cent db 6s '35, NYCLS3%s'98. .. NYC&SHL 15t 4837 NYC&StL 435 ‘T8, NYC&SLE%SAT4- NYCA&StL 15t 6532 N Y Edison s B'44 N ¥ Edison 58 C'51. NYEArf 65841, N Y EL H&P 4543 o/ NY NH&H 4567 ; NY NH&H 6348, . NY O&W rf 43 93. NY Rys Inc s | N ¥ Steam 55 '58. . { NY S&W &n 5840, NY S&W 1st 55 '37. N Y Tel gen %539 13 Nor Ger Ltd NorOT& bls'fl Nor Pac gn 38 2047 Nor Pac 4s'97. .. Nor Pac 58 D 2047 . Nor Pacr 163 2047. 3! Nor St Pw 5s A '41. o EISL TP s = Ohlo P S 7%s 46 Ore Sh L 58 gtd " 601 | Oreg- Wa 8213 | Orfent Dev 5% Orient Dev 6s " Owens 111 G1 5% °39. Pac G&E 53 43. ... Pac T&T 1st 6537 Pac T&T rf bs 52 e e - ek nroBre vh-Raulea Pennen ¢ Penn gn 434865, . Penn 4%s D'70.... Penn gen 58 '68. Penn %5 '36. Penn P&L ¢%s'31. Peop Gas ref Gs "¢ Peor & B inc 45'90. Pere M 15t 4s ‘56 M Sawa Dodge Bros D\mucln“‘hlA 51 Dugquesned % Duteh East 1 ll‘tz Il!lCBlll 7% 837 Srw Erie ref 55 °75. | Finland 5§38 ‘58 I'l Rub 85 '41 - Bo Sen SFa~wen FrenchGvis'4s.. § 108% 103% 106% 106% lfl . French G"\‘l‘fl. 15 115" 126 * Gelsenk’hen 6834, T 56 6% 125% Queensland Phillip vet 5%8 ‘39 Pillsb F M 6 Porto Alegre por RAm T Pos Tel & C 68 °'63. r 5833 = @ AnBanmm—na BRO—E~aa - 2 B2.aR8 54% Read ¢%sA 10315 104% 100 85 81 85% 10 HOLD UPTURNS:" Market Turns Irregular, With Some Groups Showing Declines. ‘The expected setback after several weeks of rising prices brought declines on grain, cotton, butter and eggs soon after the middle of the month, says the United States Department of Agricul- ture, Bureau cf Agricultural Economics, market news service. Live stock, meats, wool and hides continued- their some- what delayed and hesitating upward trend. Mill feeds average about the same as in early May, although some kinds were inclined to share the reac- tion in the grain market. Most lines of frults and vegetables are in full sup- 5 ply for the season and price trend is downward. Unsettle Butter Markets. ‘The butter markets have shown un- certainty during the pericd of small ad- vances and declines since the middle of the month, Trading was cautious. Receivers reported slight increase in shipments from certain sections. With the increase in the volume of medium and lower grades the price spread be- tween the top scores and lower grades has widened somewhat. Pastures have developed rapidly in all sections. Cheese markets were generally firm and prices in city wholesale markets were arcund three-fourths to 1 cent higher, in line with higher cost in pro- ducing sections. Trading was gen- erally less active than during the sev- eral preceding weeks and purchases were largely confined to medium and small lots. Egg Markets Weak. ‘Trade output of eggs in the leading markets is still lagging behind this time last year. Production is not showing the early decrease ‘The mar- kets are receilving more eggs than can readily be lhotbed at prevailing pricu, trend after the middle of May. Receipts of fresh-killed fowl are light and all offerings are being taken at unchanged prices. some of the bet- ter marks bringing an occaslonal pre- mium. Broilers are in more liberal supply, but meet steady demand at prices higher than those of late May last year. Live Stock Market Firm. Although showing occasional signs of sions from the highest levels, the trade in live stock after the middle of May was at rising price levels throughout practically the entire list and on the highest basis of the year. Marketings of all lines showed decreases, suggest- ing producers’ hopes of further price Scnrcny of spot offerings and the heavy purchases made by manufac- turers since the latter part of April were given as leading factors in a somewhat slower trade in wool on the market. Further moderate to advances in prices were realized, as buyers continued to accumulate available supplies of new and old wools. Considerable interest in the Boston market was shown in offerings of for- eign wools for import and sizeable or- ders were reported placed in foreign primary markets. Some Feeds Higher. Wheat feeds, particularly the lighter kinds, were weak in latey May, “wlf.h slower demand. Prices of bran, stand- ard middlings and shorts were mostly lower, but SErltna m‘g’l‘-:e“ flour middlings were somewhat er at the princi) distributing markets. P bal. Rhine Ruhr Rhine West Rhine W Rhine West 63 55. . Rhine West 7s 50. Rich Oil Cal 6s°44. Rio de Jan 6%s '§3. RioDeJan ext 8546 R Grdo Sul 6s 68.. R Gr do Sul 85°46 Rio Gr W clt 45’49, Rome 6%s ‘52 . Royal Dutch 43 °46. Rumania 78 69 StL IM R&G 48'33. St L&SF 45 A '50 St L&SF b8 B'60. . St L SW 1at 58°52. StP&KCSL 418’41 St P Un Dep 58 '72. San A & A P 4s'43. Sao Paulo 78 '40. Sao Paulo 8s'50. Saxon P W 63%s'61. Seab A L rf4s’'59.. Seab A L adj 55'49. 5 Sinc PLGs 43.. Soissons 6s '36. i Sou Bell T&T 65’41 Sou Pac rf 4s'55. .. 2 L] Sou Ry 6%8 '56. Sou Ry M&O 48’3 SW Bell T 65 A G¢. St O1l N J 63 '46. StOIIN Y 4%s°51. Studebaker 65 '42.. 4. | Talwan E P §%s'71 { Tenn W1 P 63 A 47, Tex Corp cv 55 "44. Tex & Pac 53 B '17. Tex&PEsCTI. Toho El Pw 7s '65.. Tokio bs . Toklo 8% Union El L&P 68’57 Un Pac 1st 4547 Un Pac 4s 68. . Un Pac rf ¢s 201 Un St W 6%s Uruguay 6s ‘60 | Uruguay 6s . Uttl Pw 5569 ww. Util Pow 5%3'47.. Vanadium St 68’41, Vienna 68 52 Va EI&Pwr 6% a Va Ry 1st 68 A '62. Va Ry & Pw b va SW 1st cn b Wabash 4%s ‘78 { Wabash 1st 65°39. Wabash 2d 58'39.. W : Walworth 6s A '¢5. Warn Br Pic 68°39. Warn Quin 6s'39.. ren Bros t Sh 18t 48 llll West Un 6%s Westphalia ¢s Wick Sp cn et 1836 | Wil & Co 1st 63 °41. Wis Cent Tm 4536, Yestn S&T 63 A'TS 87% Ygstn BAT 5s B'T resulting in a slightly downward prlu' topheaviness and moderate price reces- | mG!,x‘aa Low, Close. ! um.m Pw 4l Pow 58 1 Alabems Pow B¢ - 3 Alabama Pow fs e A sal 22! 13 1501301 RR3; o 2> 2 H i S e Pk SERFEEETEE PEENERanEENERSES MR ) Zo R uoneabanat e Y T BEEEEARES SR 51 B 39 1087 m- 55 5T mmis! 99.-529*:9": ,,ltn oo 2E5E! 6415 o T 2SS0, =8 e in 8t Cr 5las A 'b: 5 8t Chy” s B 88 ities Service b 000! 2000 E 233 O o h wis 0! s e e 200 18 Com Edis 48 1 Comnty P&L 20 Con Gas Balio 48 Gs Blt d1as H 5 d9ty 41l 49 ¥ 490 2 fe 74 85 2 Qgg EEEEEEEROOC 8 e e " e EE o e i B0 B oncs 5 Sy o FEZFINR3 1y 5 2 B oxRRS o - RoEh bers O L KOG EE i ¢ 1 Kresge 5 7 2 clede Ga h'n U5, CERE! g2 zzgz! El § Nevads c-fn u 3 New Eng G 4 13 New Eng GRE bl '50 L »EBm 23, ) 't 33 3, -y, 23R bhE 2 sEeEETELEEREes S E5, 2 Tex City Ou B 8 cacc 228 <gaaacaaag jae 3 252 o 8 :: SWen Fe & A' e a8 FOREIGN BONDS. 4 Cauca_ Valley ls 48 Pk_Bk 5'2s INVESTMENT TRUSTS NEW YORK, May 23 (#).—Over-the-| ! counter market: Quotations as of 3:30 o'clack. Asked. Am Bank Stock.. 8 a8 Bullock Fund. Cumulative, Tr &) Depos | Depo mvmend Sbrs. Mass Invest Nation Wide Nor ares. or Am Tr 8h 100 Am Tr, Sh 195t l»encorl‘l‘Al'ul Fun CHICAGO DAIRY MARKET. CHICAGO, May 23 () —Butter—Re- celpts, 12,604 tubs; market firm; cream- fals (93 score), 2212823; ex- 22; extra firsts (90-91), firsts (88-89), 20a20'5; sec- 7), 19a19%2; standards (90 car lots), 32 centralized - ceipts, market steady: unchanged. M%l!l"g onds (86- N S’-“-T‘S i‘i-flfl' WEE PSS Si# % | Asso Gas & Elec. .. AfrInvevpf...... 2 Alabama Pw pf (7) 10s Alum Co ofApf 1% 50s Aluminum Ltd.... 2 Alumn Ltd cum pf. 1 Am Beverag: Am Capital pf. Am Comwilth Pw B Am City P&L B 15¢ Am Cynamid (B).. Am Dept Stores. .. ,Am & For Pwr war. | Am Founde: Am Gas & Bl (31) Am Invest Inc war. Am Laun Mch 40c.. ‘AmLt & Trao (2).. 10 AmLt&Tpf(1%). 1 Am Maize Prod(1). 100; Ark Nat Gas cu pf. Armstrong Cork. .. Art Metal Works. . Asso El Ind p9 1-5¢. Seomanaaar Asso Gas&Elec(A) Asso Gas & Elec pf. 508 Asso Tel Utilities.. 2 Atlantic Coast Fish Atlas Plywood.... Atlas Utilities. . Atlas Util pf A(3) Atlas Utilities wa Axton Fish(A)3.20. 258 Benef Ind Loan 1% Blue Ridge. Blue Ridze pf ( Bos & Me RR pr nf 20s Brillo Mg (60¢c). 2 B-ATbBcupitic 3 B-Am Oll cou(80c). 1 Brit Celanese rcts. 2 Bunker Hill & Sull.120s Burma rcts (pl%c) 11 |Cable&Wire A rcts. 8 Cable & WireBrcta 1 Canadian Marconi. 18 Carib Syndicate... 3 Carrier Corp. . 2 Cppt (’l) 150- 1stpf. Celluloid Corp. ! Cent HudG&E(80c) 10 CenStEI6% pfxw 1 Chesebrough 16% . 50s Chicago Corp (The 1 Cities Service. . 31, | Cittes Service pf... 11 {Cittes ServpfB... 2 | Cities Service(BB) 108 | Clev EI llum (1.20) 86, | 45% | Colon O11. ColG&ECc j Colum OHLG v.te.. 16 Col Pictures vte... 1 Comwlth & Sou wr. Comstock Tunnel. . CAMCoctfs. . Con Gas Balto 3.60. Consol Royal (20c) Cont Securities Crp Cord Corp (10¢) Cosden & Co... Cosden & Co c.o. Creole Petroleum. . Cresson Consol t4c) Crocker Wheeler. Crown Cent Pete. Crown Cork Intl A. Deere & Co. Dow Chemical (2 Dubllier Cond & R. Duke Power (4)... Duval Tex Sulphur East G&F As (60c) Eastr G&F pf (6).. Eastern Ut Asso(1. East Util Assocv.. Eaxy Wash Mch B. El Ba&Share pf 5. . El Pwr Asso (40¢c). El Pwr Asso A 40c. Europ Elec deb rti Fajardo Sugar. Falcon Lead. Flintkote (A).. Florida I’ & Lt pf. Fiat rets (p50%c). Fisk Rubber(new). Fisk Rub pf (new Ford Motor Can A. Ford Motor Ltd. ... General Alloys. . General Aviation. . Gen EIl Ltd 20 2-5c. Gen Pub Service nf Georgia Pw pf (6). Glen Alden Coal Glob Undrw (k3 Godschaux Sug B. Gold Seal El(new). Gray Tel Pay Sta. . Grt ARP T n-v(17) Great A&PT pf (7) Greyhound Corp. .. Groc Strs Prd vtc Gulf Oil of Penna. . HandPage pf ke Happfness Candy.. Hazel Atlas (13%). Hecla Mining. . Hollinger Gid t70c. Hudson Bay Min. . Humble Ofl (2). Huyler Strs cu pf. Hygrade Food..... Hygrade Sylv (. MP&LD(6).... %15 [ Lmp Of Litd cou 50¢ Imp Ofl Can rg 50c. Ind Terr 111 Of1 A. . InsCoof N Am(2). Int Cigar Mach 1% IntHy EIScpf3% Int Petrol (1) Int Products. Int Utilities (B). Interstate Equities Intersta'Pw Del pf. Trving Air Ch (40c) 7| Italian Superpw A. Tonas & Naumburg Kirby Petrolm 10c. Lake Shore M 12%. Lakey Fdy & Mch. Lefcourt Realty. .. Lefcourt Realty pf Libby McNeill & L Lone Star G béde. . Long Island Light. Long Is Lt pf A(7). Long ILcmptB6 Louisiana L & Ex. . Mare I M (p5 2-5¢). Maryland Casualty Mavis Bottling A. . Memphis Nat Gas. Merritt Chap & Mesabi Iron. ... Mexico-Ohio Ofl Mich Gas & O11. Mickleberry's Food Mid Sta Pet Vtc A.. Mid Sta Pet vtc B.. Middle West Util.. 23 Minn Honey pf (6). 108 461 | Alum Co America. .7000s sg;. Stock and -b- Dividend Rat High. Low. Close. Montgom erd lA) IOI 14 T4 Mountain Prod 80c. 14 4% & Nat Aviation Nat Bella Hess. Nat Fuel Gas (1) Nat Transit(30e). Neisner Br pf pl*. 28 New Bradford Oi 2 New Eng Pwr Df(6)1808 New Mex & A Lnd. 2 Newmont Mining.. 35 Niag Hud Pwr (1). 42 Niles-Bement-Pond 1 Nipissing. & | Noma EI 121 2 “ A % 654 654 66% P TRT Stier-ve " ). Novadel Agne (5). Ohio Copper-.... Okla Gas&El pt (1) 508 Okla Nat Gas pf... 50s Overseas Sec Parke Davis (1)... Parker Rust P 2% . 175s Pat Sargent (50c) ..100s Pender DG A 3%.. b Penroad Corp..... 27 Pepperell Mg Co.. 20s Petyol Corp war... 10 Phoenix Secur pf.. | Plerce Governor. .. Pilot Radio Tube A Ploneer Geld (24c). Pitney Bowes P... Potrero Sugar. Premier Gold(12¢). Producers Royalty { Prudential Invest.. Pub Util Hld zw... Fuget S P& 36 b 808 Pure Ofl pf (1%).. ao- Pyrene Mfg. . Raytheon Mfg. Richmond Bros (3) so. Roan Antelope Ro; Royal Typewriter Bafety Car H&L (1) 768 3t Regis Paper.... 10 St Regis Paper pf. . so. Salt Creek Consol. . Sefberling Rubber Selected Industrie: | Sentry Saf Control Seton Leather..... Shawin W&P (50¢) Shenandoah Corp. . Shenandoah of. ... Sherwin-Williams Singer Mtg Co (§) Smith (A O)... South Penn Oil(1). SouCalEdpfB1% 1 Sou'land Roy (20c) 1 Spanish & Genrcts 5§ Stand Ofl Ind (1).. Stand Ofl of Ky(1) 1 Stand Oll Neb (1), 1 Stand Ol of Ohfo. . 7008 Stand P&L pf (7).. 508 Stand Silver & Ld.. 72 Starrett Corp pt. 1 Stuts Motor Car... 4 6 Switft & Co 119 | Switt Internatii(2) 19 Tampa Elee 2.24 Technicolor. Tech Hughes (60c) Texon Oil & Ld (1) Trans Air Transp. . Trans Lux DL P 8. Triplex 8 G k25c. . Cox Tubize Chatillon A. ‘Tung-Sol Lamp. .. Tung-Sol Lamp pt. Union Am Invest United Chem pt fl!. United Founders. . United Gas. United Gas pt ay.. United Lt & P (A). United Lt & Pwr pf Utd Shoe Mch 2% . .225 U S Elec Pwr ww. US & Intl Sec U S & Intl 181 U S Play Card (1)- . Utd Verde Ext 40c. Util Pwr & Lt. Utility Pow & Lt pt 5i Utl) P& L (B) cfs.. Ttility Equities. .. Util & Industrial. . Uil & Indust pf... Van Camp Pack... Venezuelan Pete Walgreen Co (1).. Walker (Hiram)... Walker (H) pf (1). Watson (J W) Wayne Pump p! Wenden Copper. Woodley Petrol. .. ‘Wool Ltd p24 3-5c. 16% erl’hl Hargvs20c 10 45 ividend rates 1n dollars based '?n inst n juarter] o1 i - an.né’ Partl ex'&““"{r"’ % 2% R A .,..u.e.,,.._..s. :sns:_,..... L atock. Stock 6 Adyustment dividend. in stosk g Plus 6% in stock In 'éotx. in Iocl Plus s . 1R SIOSE SPali 1 yearecae” reqular rare. M;u-keu at a Glance NEW YORK, May 23 (#).—Stocks strong; wet issues buoyant. Bonds firm; rails rally. Curb strong; indus- trials lead rise. Foreign exchanges firm; ster] advances. Cotton high- er; firm sf and grain markets, eral buying. Sugar quiet; trade buy- ing. Coffee quht; poor spot demand. CHICAGO Mly 23 X ‘Jfi') .—Wheat tpecu ve buying. ithy with wheat. lower tendency. Hogs, 10a15 lower; early top, $5; most sales, $4.90 down MONEY RATES. NEW YORK, May 23 (P.—Call money steady; 1 per cent all day. Time 30-60 days, %al; three- tom- months, 1al%; five-six months, lalls ln:/r wnt.k :.o;nmmhl paper, . Bankers' acce] ces un- changed. 7 PROPERTY Apartment House MANAGEMENT ON STEADY BUYING Public Utilities Are Leaders as Market Shows Nu- merous Gains. BY JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, May 23.—Strong from the start, the curb market steadily surged ahead today. The public utilities led the list, fol- lowed by miscellaneous industrials, but the oils in comparison with recent ses- sions lagged. Electric Bond & Share was up more than 2 points by mid=- day. Cities Service was fractionally higher, as was Standard Oil of Indiana. Opening of the Senate investigation sponsored by the then testifying. Part of the strength of such stocks, however, must be as- cribed to the hardness of the whole et were the Brs ‘were to point upward today. Newmont Mining, most active in this division, was up only slightly, but the gold shares such ss Pioneer, which hit a new high, and South African coppers also at & new top, vances. From specific corporations came fur- ther items about business recove: Farr-Alpaca Co. reported production % | Tayon and worsteds departments for the three months ended PFebruary 27 av- eraged 37 per cent of capacity. Fed- eral Schew Works reported May busi- ness over that of AYHL 'hk:h in turn ‘was above March volume. Con- aoud-ted Manufacturing dechr«l an extra dividend of 25 cents. overed announcement that May volume to date mvm:lnlpcrcmzo{thenm month a Draper ecpurmnn and Humbh as expected, declared their regular quarterly payments. Bra- zilian Light & April balance $1,215,173, ‘against $1,517,164 “|a year ago. CHICAGO STOCK MARKET CHICAGO, May 23 (#)—Following is | the complete offical list of transactions the Chicago in stocks on change today: Sales. Stock Ex- Bowautrasnbane & ) 2 porey ¥ 4 iz » FEE FEEEE .. citlie mBE Riw & WS FEEEE T it Rats® & 19 sum [ i [T T oo 7 580k 8 FOARS 9 Jor b BBt 3 ® FEFEETR lsl"’ I1nlun m;on B5s ‘5 86,0000 AT mmon STOCKS. Special Dispatch to The Star. BALTIMORE, May 23.— STOCKS. Apundel Corporation 0 Pidelit: 438 Maryiand Gususlty 28 Merchants & Miners Cas Co. 35 New Amsterdam 304 U S Fidelity & Guaranty. $3,000 United Rwy MANAGEMENT NSTEAD of having to be constantly on the alert in con- nection with the operation and management of your apartment house properties, place these responsibilities in the hands of our partment. Property Management De- We have the ex- of successful service, and instead of innumerable annoyances over important decisions to be made you can leave it all to us with the assurance that your best interests will be served at all times. Our fee for this service is a very nominal one. B. F. SAUL CO. 925 15th St. N. MORTGAGE NAr'l 2100 LOANS