Evening Star Newspaper, May 24, 1933, Page 14

W CAPTALTRACTION |[ TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE |[STOCKSPUSHEDUP e el ey 120 13% +1% 8 .Keith-Albee-Orph pf. 1 % Reio (Hobert & Co. oy S & 5§'5 M" Contl Baking pf (4). 3 7 % 6 Kelly-Sp Tire 6% pf. 2 . 25 7% Rem Rand 1st pf. 4 % 21 +1:: Market Surges Forward on o P et el 3 o Contl Tnmur (120) s 42 25 % G o pecsiok: Canpec g + %) 3 3 Repebiiomempels e il Wave of Buying—Rails Same 1932 Month. ; Abany XS ERDI Y ' y i L o 2% 28 % 4% Kinney (G R) Co pf. 2615 Reynolds Tob B (1) e 0 ke Buoyant, e zwi 5 33 3 Cream of Wht 12%.. 12 1 i 14's Kroger Grocery Rossia Ins of Amer 6 + % BY GBOIG.E ». RUGHSS. “Total net income of the Capital Trac- | 1973 A Chen pE1TY 4 119% 9 ; Crown Cork & Seal, . ; Ly 1 . 6 Rutland RRDf...... 13 T 13| Secial Dispatch to The star. the corresponding month a year ago or ‘Amal Leather. . Crucible Steel. . 9 2 3 5 3 Len Port Cmt pf 313, 5 65 ! 4 Safeway Strs pf (7). 97 + %|the resistance points of last Autumn’s Public Utilities Commission today. 2 Cuba RRpf... 9 3 Lehman Corp (2.40). y E St I-San Fran pt. L 2 24 high ground since the lows of $298.206.62 in April, 1932, a slump of | °; A BeetBugRr. Cudahy Packing 2%. 25 & 9 31, 49 Liggett& Myers(t5) 3 83 . I e B 3 k& cated. 689.18 in the like perfod a year 2go, or; gq ‘Am Brake Sh pf (7). 508 9 9 3 Curtlss-Wright..... B3 1 Laly Tulip Cup (1%). 1 g Seaboard Air Line. ,. @ day. There was a slight reaction in After payment of taxes net operating Am Car&Foundry pf. 3 5 4 347 Liquid Carbonle. 2 347 3 33 Sears Roebuck. tant effects on prices. 7,086.03 lower than last year, while Del Lack & Westn. T.ong Bell Lumb(A). T 35 ServelTho The foreign exchanges, which were _poses called for $31,157.02 compared| 15 Am & Forefzn Pwr.. 249 Detrott Edison (65, 9 6 713 69 w Lorillard (P) (1.20). 312 92 Sharp & Dohme. 6 %l e - B e Rictiti 'g !for the month under review. Am& For Pw2d pf.. 4f ; ~ Diamond Mach pf 11§ : Lou Gas&El A (1%), % EhelileuE(iso)l : 5 an accumulation of overnight buying picture of rapidly advancing prices. For {largely by taxicab, private automobile 5 Am ice pf (6). 9 Drug Inc (3)........ 4 7 McCrory Stores pf. ; Skelly Oll pf ww.... ~ 3 3 3 confidence on the part of the specula- 'ent year the Capital Traction Co. re- ! 7 Am Locomotive. . 5 17 5 5 214 Dupont de Nem (2).. 3 . 6 McKeesport TP (4). 35 b + econy Vacuum What impressed traders more than as been a falling off in revenue pas-! ‘Am Mach & Metals 5 4 VA TR ol s 2 Mo Dol 3 S B : follway there lst When & stock like than 12,000 better than the March 2 Am Metal pf. et . 55 . ; gt ! MAgzma Copper 3 5 Southern Railway... + % |issues as Atchison, Delaware & Hul yeference to merger progress, vet it is| 26y Am P&L $6pf (1%) . ”1(5 5 22 +2 Electric Boat. . 2 21 2 Manati Sugar 2608 T'4 Spang Chalf pf...... sistance points established last Sep- excellent progress in working out pians 28 ‘Am Safety Razor (3) 29 o - Elee PWr&LE $6 p. o, Marine Midld (80c)., 5§ W 8 ‘ 21k Sperry Corp . 63 7 alieady given by the industtials. offer to present stockholders will be is; 181 2 Am Shipbuilding (2) 3 7 Elk Horn Coal...... 2 Marshall Field & Co. 45 12! Stand Gas & Klec. du Pont. and J. I. Case among others New Tttt S Pavaal. | 454 Am Snuft (13%).. + 5% % pf 2 5 Maytag Co... . 4 4 31% 19% Stand Oil of Cal (1).. 3 the first time. National Distillers’ Produ. Received by Private Wire Direct to The Star Office. il NET DROPS §6.718 = .l TONEW HIGH MARK: 3 ) 'y Stock and El. X let. | ~Prev. ll:’.’\'fl,-\ Stock and Sales Net. ~Prev. 1033~ Stock and - ~Prev. 1933~ Stock and Sales Net. 5 ' % 3 17 8 Y 2 11% 3 Contl Baking (A) pril Figures Show Decline| o 5 Astrevsosmy o mAma 2 iy i3 i % Airway Elec Appl. .. Contl Motors. . 3 3 34 5% Kimberly-Clark..... 6 Reynolds Metals(1).. ¢ 1zt N Alleghany Corp..... 208 . 3 1 Kresge Dept Store: 2 M Richfiela Ol 4 1% 5 BY EDWARD C. STO! s ; Aileghany Steel. .. tion Co. in April amounted to $12.-| Allis Chalmers Mfg. 68 15 n 15% + Crown C&S pf (2.70). 7 ; Lee Rubber & Tir W Safeway Stores (3).. 51y +2%, NEW YORK, May 24—Tne stock a p of $8718.43, according to the Amal Leather pf. 3 3 . Crucible Ste. ] pf. 7 Z 3 Lehigh Valley Coal.. St Joseph Lead... . 1;‘« + % recovery and established itself in new “The traction company reported oper- ! 5 20 19 : Cuban-Am Sugar.... 19 . : Lehn & Fink (2). 4 ; 2t Louis Southwn i T i1)]1932. From the viewpoint of the char $46,106.97, while operating expenses| A Dact BOGEr DT 3 P “artis Publishing 7 5 Y 9% Ligg & Myers B (15) ‘ 3% Schulte Ret Stop pf Prices for both rails and industrials a reduction in operating costs of $34-| g5 491, Am Can (4) Curtiss-Wright (A). j28 Lima Locomotive. .. Seaboard Alr Line pf , | the last hour, but very slight. Realis- income totaled $43,309.07 as against| °; Am Chain. 5 5 5 6's Deere & Co pf (20¢). Loew’s Inc (1). 7 4 Second Nat Inv pf b it ‘Wheat closed 11 to 1% cents higher, deductions for_interest and other pur- moving in favor of the dollar early in i with $30,424.62, an increase of $73240} Am&Forsn Pw pf(6) 4,1 9 Devue&Raynolds(A)’ 9 9 9 2 Louistana Ofl....... 5 2 k Sharp & Dohme pf(2) narrow. " The Capital Traction lines in April : Am Hide & Leather. . 2 Dome Mines (1.55) 8 278 2 Louisville & Nash . Shell Union Oil..... | against 3,528.653 in the same month a | 291, Am Home Prod (3).. 37 39 3 3 Doug Afreraft (75¢). 115 15 1 Bl + 2312 13 MeCall Corpn (2).... 31 y < 7 Simms Petrolm(25¢) 5 9 9 § the display there were no fresh develop- jand bus competition. Am Internatio . 9 9 L A Duluth S S & Atl ]»(:. 3 1 3 McGraw Hill Pub... Sloss-Sheff Steel pf. + tive community in the inflation pro- ports a deficit of $4,044.20 against a; 3 7% Am Locomotive pf. 9 39 9 Dugquesne Lt 1st (5). 9 McKesson & Robbins £ olv Am pf wwi(53%). 5 anything else was the buoyancy in the sengers so far this year of 814.148.| Am Mach & Met et. 3 [+ St Kol DL (89 g1s 131 Mack Trucks (1).... A South Cal Edison(2). 4 513t did “during. the abi S {showing. Am Power & Light 79 . Bt s % Mallison & Co. 5 2 Southern Railway pf : : Xl Tilinols! Centeal.: {owas uR o understood in the financial district that i 113, Am Radiator. . Elec & Musical Instr, 3 5 5 Manhat Elev mod gtd 10113 5 5% Sparks-Withington. . 3% 3 tember for the carrier stocks, and 50 for the exchange of stock when the! Am Seating. ... 2 2 8 . T Elec Pwr&Lt $7 pf. 9 Marlin-Rock (1). 5 7 9 3% Standard Brands (1) “| " United States Steel common and pre- still a secret, but the proposal has to' 3174 AmSm& Ref....... 3 9 Endicott-Johnson (3) 9 5o P Mathieson ATk (1%3). 5 Stand G & ¥ pf (4). % % | were bid up to new highs early in the L. Clark Brown and Wilfred L. Good- | 79~ e s 504 y i : MBI i S oo R ucts celebrated the victory for repeal in s e ING STAR, WASHINGTO D. C., WEDNESDAY, MAY 24 1933 Prev. 103; Net. e Dividend Rate. Add 00. High. Low. Close. Chge. | High. Low. = Dividend Rate. . Low. Cldse. Ohee. | High ' Low. Dividend Rate. . Add 00.High. Low. Cloge. Chie. 159 1314 £ 0 Contl Baking (B).... 159 2 % Kelly Spring Tire... 28 2'¢ Remington-Rand.. 61 + 1i% From Total Earned in irway Elec Avpl. 11% Alaska a 1 Kinney (G R) Co.... % 114 Reynolds Spring. £ 330w O 3 ; Corn Prod pf (T).... 5 ; Alleg Corp pt $30w 515 Kresge (S S). Ritter Dental. 3w 14 +1 Allied Chem & D (6 207 7 715 [ ¥ Crosley Radio. . 7 71 Laclede Gas pf (5).. 4 “ Royal Dutch (80%¢). 24 + %W 368.12 in comparison with $22,086.55 in| - Alpha Port Cement. Crown Zellerbach. 3 4 Y 57 Leh Port Cement. 1 53 3 Safeway Strs pf (8). 8613 +114 | market today definitely broke through April financial statement filed with the | 3 T 3 Cuha Co 3 3 : Lehigh Valley R R. . ° h St I San Francisco ating _revenue of $252.099.65 against| i, Am Bank Note pf (3) 1508 3 7 “uban-Am Sugar Libbey Owens Glass. 5% Sivnsoline s reader a major bull market was indi- called for $191256.43 against $225.-| o¢ gi Am Brake Sh&F 60c 5 23 238 + 7 Curtis Publishing pf 5 48 32 121 Ligs & Myers pf (7). 30 13 Scott Paper (1.40). went through their old top early in the 432.75. 7 Am Car & Foundry.. 54 Cutler Hammer L Link Belt (40¢c) 2 13 3 5 Seaboard Oll Del 60c. 22 3 3 ing was absorbed with only unimpor- $50.812.76 last year. Gross income was | 35, 37% Delaware & Hudson. 103 7 5 3 Loftinc..... . AL Seneca Copper... e e cied sl el E— ey : ; Hee B 8t S 38 Loose-Wiles Bis (2). 20 3 . y ! A.n Encaustic Tiling denver & RG W pf.. 5 (] oose-Wiles Sharon Steel Hoop. the day, reversed themseives n vi 2 ted net income P '3 2 22 235 4 5 71 D i 2! [ 315 Louisiana Oil pf. 9 B, 8 1 and leaving the above stat 2 Am & For Pw pf ( 1 Diamond Mateh (1) Shattuck(FG) (24¢). 32 The market started in higher under {carried 3.012.787 revenue passengers| 3o Am Hide & Leath pf. 15 7 3T 37% - + Dominion Stores 1.20 Ludlum Steel 2% g T e ks S %lorders and for two hours presented a {year ago, a difference of 515,866, caused | 5 16 21x Dresser(SR)MfZ(B) 8 g 9 4 McCrory Stores A. .. 2 3 Skelly Oil..... ments in the news, merely an excess of " For the first four months of the pres- Am La France&Fom. Dunhill Internatl 2 179 Mcintyre P M(t1%). 17 Snider Packing. 3 E 3 gram. Iprofit a vear ago of $50.834.38. There! ;7 Am Mach&Fdv(80c). 42 17 6% 161 - lastern Roll Mills.. 25 5% 5 5 s McKesson & Rob pf. 30% 15% So Port Ric Sug 1.60. E E railway share list. When a stock like April net income, however, was more | Am Metal Co. .. 15 3 - 3 P : Macy (RH) & Co (2) 9 56'3 54l Southern Pacific. ... 23% highs could be reached by such typical dson While the financial report makes no, 223, 9 AmP&LS$5pf(1%). 13 E Elee Auto-Lite. 9 3 Manati Sugar 330s 3 8 SoRyM&Octfs(4). 5 5 25 forecasting the break through of the re- Capital Traction officials are making| 161 Am Rolling Mills.... 15 R, 31 Elec Pwr & Lt. Manhattan Shirt. ... Spencer Kellogg(60c) 3 13 “confirming” the bull market indications consolidation takes place. What they 1 Am Ship & Com..... Elec Storage Bat (2). 3 39 Y Marmon Motor Car.. 4 Stand Com Tobacco. . 4 ferred, Allied Chemical, American Can, be made public in the near future, 671 Am Sm & Ref 7% pf. 4 2 4 Engincers Pub Sve.. 9 May Dept Stores (1). 3 ' Stand Gas&El pf (1) 5 day. Industrial Rayon crossed 60 for Am Steel Fy p? (2).. 5 e g 4 5 Maytag Co 1st pf. 5% 35 5 b Starrett (L S) 9 9 New York State by adding 6 points to wyn, jr., today announced the formation | 447 3 Am Stores (12%). 6 3 Eri R 37 " Maytag pfXW.....e0 Sterling Secur % of the investment firm of Brown, Good- | 58 Am Sugar (2). 5 F Al . h Melville Shoe (1.20) « w| 5% Sterling Secur pf.. e wyn & Co. Both of these men were for | 13 Anm Sumatra Tob % Worha Ve Gleones s "33, o 91 + 9 Mengel Co. £ A Sterling Secur cv pf. 3% 33% —1% | Soiiy ugue ] A_ng m’ Al a number of years representatives of | 1127 5 Am Tel & Tel (9). 5 113 il eaa 3 3 Mesta Machine(60¢) . g % Stewart Warner 9 By oL 6506 el » it Harris, Forbes & Co. in Washington and 9 Am Tobacco (5) & —_— 9 Met-Gold Pic pf 1.89. % Stone & Webster. 2 14% + % eSS Virginia and _subsequently represented | am Tobacco (B) (5). 3 9 213 Fairbanks-Morse. .. 9 9 g Miami Copper. 3 5 !4 Studebaker Corp.... 5 4 POTATO MARKET. Chase-Harris-Forbes Corporation. . 2 7 v Fairbanks-Morse pf. E 4 Mid Continent o DY 4 2 9 Studebaker Corp p! 9 1 The new firm will have as its New | 3 i 508 2 5 Fashion Park Asso. . : Miasaisi.dFal > %l 8 9 Sun Oil pf (6), o e, 9 1i| CHICAGO, May 24 () (United States York correspondent Holsapple, Safford 7. Am Water Works(1) 2 4% Federal Li&Traclon, 0 : 0 Mid Stl Prd 18t pf(4) i g Superheater (50¢). § Department_of Agriculture) —Potatoes & Co., members of the New York Stock g Am Wat Wks ctfs(1) 9 3 3 3% 3 Fed L & Tr pf (6) 2 2 3 Minne-H'well Reg... " 3 Superior Ofl. . 3 —Receipts, 59 cars; on track, 230; ‘otal _Exchange. The personnel of Holsaple, 313 Am Woolen 3 Feq Minead Sty 2 ; ; % Minn Moline Pow. 3 " : Superior Steel 9 g 9% ety ey iee Bafford & Co. comprises a number of Am Woolen : % Federal Mot Truck 5 3 5 Minn Moline P pf. 6! ) Sweets Co of Am. e 3 8 m&r l:lls g T ernte& sum; les _lln?m former Harris-Forbes men. Earl Hol- " Am Writ Paper ctfs. Federal Screw Wks.. 9 3 3 k s MSIP &S S Marie 2, P A » 4 Symington .. erate; Wisconsin round whites. 72128 #apple was a partner of Harris, Forbes i« Am Writ Paper pf 5% 5 E 3 E‘flvc}‘pé"sfiité%:f‘ 3 3 . Minne StP&SSM L1. . < Svminzton (A H .gg;hoMml:gg '{"é{,‘:’, 'X)m'f:'w 'lflg;g Geo 24 2 Zinc & Lead..... 2 2 e D, o - 3 3 4 N Y X Vs ] B s oihe A e lonr . 3 5 Fidelity-Phoen 1.20. . ; i 2 | e e : ; Y i Telautograph (1) ! new stock, firm, trading rather slow, . : o ; y 3 nness: -, q = Brown, (goodwyn & Co. will conduct Anaconda Cooper. .. ; Firestone T R(40c). 109 y Missours Pacific. ... o Tomead cun. : supplies moderate; Louisiana Triumpha, E in r Al da Wire & C Firestone T&R pf(6) = o g i 10% Texas Corp (1). . 9 74 1.75; decayed, 1.35a1.50; Texas, dts business at 903 American Security naconda Wir resto , 2 5 Missour] Pacific pf.. 5 15% Tes Gult Sulph : i Building, the space formerly occupied 3 Anchor Cap (602)... 3 2 3 First Nat Strs (23). 5 - Mohawk Carpet. 5% u ulphur(1) X . decayed, 1.40a1.50. by the Chase-Harris-Forbes Corpora- Archer-Daniels (1. 9% 194 18 4 Follanstie Bros. ... 1 AU + %) Monsanto Chem 1% . 38 474 1 e A = e , ! Eontition 0. “2omn eu 8+ M| o MonKum ey acd. 2% 2 . 314 Tex Pacific Land Tr. The members of the new firm are well J :rmour a; m :g; . 215 6 9 e B ; | 4 Morrell (J) & Co (2). 5 5 Thatcher Mfg Co - rmour of e 3 35 - . g o [ ceean i . B N e Armour of Tl pf. Fox Film (A)....... 3 3 e i = 3% 1 Thermoid Co...... 2% — W{ Treasury receipts for May were hey are starting in business at a most| 17 313 Asso Dry Goods..... 4 12 posi S Hompart Texafon) ;i Motor Wheel. . 5 3 6% Thompson (1 R) (1), o 17 nce, .558,791.04. E E o e 34% Atchison.... Y 2% Gen Am Investors. Mullins Mfg. 3 97 7 3 = 2 — 1| toms duties for 22 days of May were RS ¢ Atchison pf (5). 3 i 73 5 AT iy n T 6 7 & 5 Mullins Mfs of % Br ot TR opoon Erodnet ity Mt i _Business Called Better Stabilized, g 4 tintiCobst T ine. : 4 n Am Transp't(1). 3035 283 ¥ rray Corp. . 314 Tide Water Asso Of1 e - Business appears better stabilized to- Atlantic Refining(1). 3 + 5 % Gen Asphalt. .. 5 Myer (FE) & B J a 2315 Tide Water A i 5 'LVER QUOTATIONS. ‘day than in a long while, according to 4 9 AtlasPowder....... 5 4 19% 20 % 13 Gen Baking (2) 7 o FRET TR T T 3 Y 8 5 1'3 Tlr:kena»l::tr::ro::l: 3 2 o 5 ;greei?mAts W}lson G.lwing o(l the Na- Atlas Powder E0E Gen Bronze. 36 - : 13% Timk Roll Brg (.60) 2 NEW Ygflg‘ ;hy 343(34:, ~—Bar silv ona sociation of Mutual Savings tlas Tack.... . § 5 7 Gen Cable. k ] . 7 F 28, e o 2 3 Ys higher af ’8: Panks. Addressing the first session of Auburn Aufo (2) 3 5 Gen Cable (A) 5 11% e 3° 50w 52 B Trrcont Caro o : | —_— ‘that_organization’s 1933 conference in ‘Austin Nichols. 6 3 : 612 Gen Cable pf 2% 2 | Nat Cash Rex (A). .+ s ¢ 3 Tri-Contl Corp BE(S) 3 68 1 p Swampscott, Mass. today, he added 1 Aviation Corp (Del 1 29 Gen Cigar (4). 3 36% 36 ] 1 Nat Datry Brod 134 ¢ 207 & Tt Erotn : : . WILL SELL JERaeyen eho lighi et errl 0¢) - Baldwin Locomot... 419 8 g nmteckd s (Mcde b g at Dept Stores. ... Truscon Steel....... 25 7 - BRomentiai wises wislavagw godl]) ) Baldwin Locomot pf. 6 9 % Gen Elec spee (60c). ‘ ! at Dept Strs 15t pf. 3% 3 Tuwin City Rap Tran. ; + || Southeastern Industrial Bankers :m,"'i‘m“g?“ené’x;:mg mgm“‘,':fne;{““; i Baltimore & Ohfo. ... 211 4 Ceon Hoods (s = “\ Nat Distillers....... 59% 55U __9% 5% Twin Citv Rap Tr pf $ i (Units @ $5.50 Per .hnhu}‘e‘::mhxmgeeer:nigfus:g n:“t ul‘e 5 Bang & Aroos pf (1), 10a : g i (‘3'“ fl”{” ”'1‘5 1175 y P 24 3 Lead (5)....cenn 9913 99 9 19%, lv:n;y'.:(!;flu&ec”éo)c) 120 3 3 THE COLUMBIA CO, rmiest in 2 jen Motors ( 24% 2 % + 8 3 2 P L : 3 - 700 Southern Bl of mutual savings i igars., . 17 Gen Outdoor Adv (A) 91 %+ % BRI Tt ; . 32 the hih Ught of the deflationary Bayuk CIE Tatptid). 208 2 12 34 Gen Printing Ink.... 3 M 9% 8 Nat Rty Mex 24 pt. 3 p 7 Cnlon Tank Car 130, 3 T e ol oo oghy. axiwe 7 Beatrice Creamery.. 16 9% 19 4 2 Gen Public Service.. 5 NatSteel (50¢)... ; ; e ey ; oy 5 Beech-Nut Pkg.(3).. Cen Ry Signal (1). 32 33 Nat Supply Co. 5 ; 3 Unit Am Bosch 3 ings bank continues to be the best | s Belding-Hemingway Gen Realty & Util. 2% 2 + 5 Nat Supply pf.... 5% 45 5 United Biscuit (1.60) S The enbey o o “vemg’;"eg::fi Bendix Aviation g :’éz?:;‘élfir{l}n‘"n‘ @ 15 Nat Surety. 4 | 32 Uit Carbon. - k v 5 S 7 en + 2 Nat Tea (60¢).... Unit Corp (40c) passbook is one value that has not Gillette Saf Raz (1) 2 o nit Corp (40c). Bethlehem Steel.... 253 SISO SNt Bas (1] - 4 Neisner Brothers.... - % TN 3 N, i 3 e Bethichom Staplpr.. 23 3 Gillette Saf R pf (3). 41 Nevada Con Copper. . i o+ % i o b i Ay ;}”;;e“mfi:";'}‘eg‘v‘;;‘:| Bigelow-Sanfdrd. ... . 1008 3 Ginfbel Bros . 3% B ewport Industries. 3 5 % 284 Unit Brott () - 9 3 + = . e > > o - # 9 N Y Air Brake. . 8 . banks to serve as a first line of defense Bhee K. -2 22 Glidden Co pr pf (7). 3 2 ivs Un't Gas&Im (1.20). for depositors. How they have met the Hoph Klumin SSaes ¢ Gobel (AdOIL)...cvs. 5 : N ey : Unit Gas&Im pf (5). need §s known. In a period when ready | Eorden Co (3 Ny 33 Gold Dust (1 20) 215 200 209 2 altag . i Unit Paperboard. ‘money was hard to get, bank: 3 - 3 Borg Warner... 3 3 - 2 19 - ” o 3 Unit Piece Dye Wks. unlimited i1l get, gur oo e d‘ Briggs Mfg Co,. Goodrich (B F). Y Investors. . U S Distributing. millions to depositors. In Bklyn Manhat T 5 3 Goodrich (BF) pf. 4 3 9! 314 Y N H & Hartford. 103 31, 233 U s Express. | 3 ¥ 1441+ doing so they have maintained the | Goodyear Tire&Rub. \ S osreme great, basic principle that a man's sav- | e M T e fo0dy'r TR 1st (2) N ¥ Ont & Western. 3 2 el . y « NAmnaL GROUP OF g are :fis:fi?)}gfge{;:dio =] B Dare ek 16 s Gotham Silk Hoslery : 2 el N Y Railways pf. 5 ... 7 13 I IVESTMENT HOUSES AND BANS should produce an . opportunity for % Brunswick-Balke,... 23 9y 3 Graem ERIge. oe e : : N SLBhIaE (400) oo 2 E millions of prospective savers who have Brunscteny) & Bhys . i el + 6 Norands Mie (o110} " e | yrus-Erfe....... , ‘ 7% N Lt no surplus, but who will make| 9, ot VOt i ; Grand Union pf (3).. 5 30 1111 Norfolli & West (8). :‘llfllelfi ?fi(?,m to acquire a reserve for Budd (EG) Mfg.... " 3 Grant (W T) (1). 9 3 4 North Am Aviation, . e ;‘3\:1;9'5 e s F 2 Budd (E G) Mg p! i :, % tir(fl! inr:nfrh lovf. 5 2 1 k7 15% North Am (b8 %stk). ¥ e len WEsckauge e g St % 5l Great Northern Ore. 85 1 46 32 North Amer pf (3) S Pipe&Fdy (500). 3 4 Potomac Electric Power 5'% per cent | 4 Builard Co. . 5 SEentiNent BUERE. . ok 2314 9% Northern Pacific. ... PSF 1st pe 120 é BUILDING ASSOCIATION preferred sold at 106’2 ex-dividend on | Bulova Wateh. F GUeat Wi SUEPIGE) ¢ A\ S22 1%, Norwall Tixe & Rub., Realty & Imp. i 8% t the Washington Stock Exchange today, Burr Add Mach( 3 1 3 £ SeniieeniCantion 208 25 ° 25 25 TI 4% Ohio ONl 24 U'S Rubber L2 10w T St andIndinss Ave same as the last previous sale. Bush Terminal...... 10 : 2 rigshy Grunow. R % 1w ol arm Equip.. 67 S Rubber 1st pf. .. 5% 2 0Oth Series: ock Ten shares of Norfolk & Washing- 5 Butte Copper & Zinc. 3 . Y Suantanamio Sues i 165 31 Olfver B15q pr pE A SSuls & Rt e 4 3 Thh Soviet of RS St Ve 7! 4 ‘ Gulf Mobile & North., 5 - o o ton Steamboat stock moved at 75 fiat Butterick C6. QUILMoble 2 Norlh- 4% 1% Omnibns Corp. SSmtz&Refpf3% 2 49u 49u s open for subscription 10% 2% Op 5 W 9 b ? s 9 % 89 » Payments on shares $1.00 on the local exchange todav, that is, 2 Byers (A M) , 4 g < 75 i y ‘.IEP:;‘ any conversion prviiges B v Gulf 75 64 Omnibus pf A ( stock has been selling with con- % California Packing.. 43 “ Hackensack W (1%) 3 : R ot : 5 < 40 2 tion by the steamboat company direc- [ 5% 2 Calumet& Hecia.... 135 9 Hahn Dept Storespf. 1 6 T e ondale % " Unjt Stores pt (3%). 2 5 James E. Connelly James F. Shes tors, approved by the stockholders, re- 2 Campbell-WyantFy. 5 % 3% Hall W F Printing. .. o 6% Bl R ey ; 21w URle Lokt mob (3 President Secretary ducing’ the outstanding stock {rom 7% Canady Dry G A (1). 219 g > Hhmilton Watch. ... 5 5 5 - S - 5 9 Univ Pictures 1st pf. . ase | | Member of Building Association Counclt $1,000000 to $500,000 and calling in 71, Canadian Pacific.... 199 13% 13% 13 R e ek bwvar " T - 23 43 of District of Columbla. half of the outstanding issue. 14 Cannon Mills (1), 6 2 2 Harbison& Walker pf Pacific Gas & Kl (2) Ut Bt &Lt 1A Tn previous cales it has been pos- 50% Car Clin& O sta (5). 10s : iy ek B ' Pacific Lighting (3). 63 P |t UMM ESERRS Y . sible for the buyer to take half of his« 3014 Case (J 1) Co. .. % 6 ; Hartman CorniB): Pacific Mills 2 Vadsco Sales Corp purchase in stock and convert the other | 69% 41 Case (J1)pf (4).... N 65 % Hayes Body. .... 2 W 2 , 65 Pacific Tel & T : 9 2 s Vanadium Corp. : NEW HOM half into cash. The board of gover- 514 Caterpillar Tractor. 5 s Helme (GW) (1) 2 9 B Van Raalte p s zhe 200 2 : I 3 9 . 92 9 9 5 2 th 2 an Raalte pf (sta).. 2 2 FIRS' nors of the exchange decided that i: 41; Celanese Corp. 2 = 3 Hercules Motor...... i 7 v I} wouid be simpler, to keep the sales sep- %W 1 Celotex Co.. [ 4 ; 5 Hercules Powder 1% 16 29% 28% 28 g bl b T T gt e : arate from the .redemption privilege, | 1 * Celotex vte . 12 Hercules Pow pf (7). 955 9 Al e o g : o N R bt | MORTGAGES and so voted at_yesterday's session.| 3 14 Cent Azuirre (13). 2614 4 35' Hershey Choc (3).... i N e 1. . 5 Valenn Betianing:. 110n . Today’s price of 75 per share s very' 79 38 CentRRofNJ. % Hershey Choe pf(15) N b = - = Paying 6 Per Cent close to the previous price for this 5% Cerro de Pasco Holland Furnace. . 5 £ " p%‘r }MC RES. == 2 11z Wabash R R 2 ! o ; Iw‘:"fxih!ngmn BN & Wkt 2111 Ger I jnetl ""f;’d 3 - . 21 Hollander Soms...... 5 5 b st 3 ;;- Wabash pt (4) 3 3 3% - Now Available in 2 vay ectric pre- 713 Checker Cab Mfg. . 6 3 5 THomestake M(110) i3 . o i i TERNIRE TR, N imi ferred, which changed hands yester-| 27 245 ‘hes&Onio (2%) 59 3 351, 3 . Hondfile Hersh(A),. - 8 25% Penick & Ford (1).... 4 Walworth Co. . 4 Limited Amounts B e s Cnie 2 Cam 3 o e e B : % Penn Dixle Cement 2r Ward Baking (8) ; ALl basod i en_Rewlow comsGue: S0k G B exhinge sesiexiay nt 20 % e e e 3 B 5 - 513 13% Penna RR (30¢)..... 275 25 5 s I We B et g tion cost levels. All confined to S other recent transfers in this | : 1% Chi Great Western. . 5 5 5 Howe Sound (40¢) . T 4 :‘907""’&0’?‘(‘"}‘_‘"‘5% 5 1 Warn Bros Pictures. 3 3 l;:sl‘;md "‘:"";:i:"w Chevy Chase ssue. 213 Chi Great W f s Peoria & Eas . 9 41 Warner Bros Pic pf. 2! .y 4 lome comm! - Moves in Securities Compared T A A 3 3% 3% 3 : . BersMuaatte it cies s iy 8 R nnpAree: 1% Chi Mjl StP & Pac pf. 38 5 s ; 2 413 Pere Marquettapf... 2 Warren Bros. . 3 13% 3 " Denominations, $250 to $1,000 How the holder of domestic bonds has d . 204 6 Pere Marquette pr pf 2 Warren Bros ¢v pf.. 230s 25 3 Phone National 2345 9 - 5 & & S Leather. .. siamroi G oat 808 s | ENTERPRISE SERIAL 7S Leather pr pf.. ccaa ww sEex dqaaqada mmmnnnn = 1% Chi & Northwestern. : s fared during the depression in compar- 2 Chi& Northwest pf.. 13 512 151 + 13| 26% 81 Illirois Central 3 2 . 614 Pet Milk x WA PO AT ison with stockholders, is the subject : : Centrs 2 : 2 - 4% Petrol Corp of Am... 23 2 Si sto > subj 214 Chi I'neumatic Tool. s i 40 16 Illinois Central nt. “ » Webster Eisenlohr. . 3 ’ of a study just made public by Roy. §. 512 Chi Pneu Tool pt. 49 31 TllinoisCent1l (4).. 1 6 3 2" 41 Phelps Dodge....... 309 2 Wesson O & Sn (50¢) 9 19 W 194 Monger, president of the Reconstruction | ¢ ChiRock TEPIiiEl 5 i 1% 1% Indian Motor Cycle 4 Phila Co 6% pt (3) 6 2 5113 30 West Pa Elec A (7).. 2503 : HANNON & LUCH, Bond Portfolio, an investment trust. Chi R1& Pac6% pf. 31x 1 Indlan Refining. .. 8 .4 3 . 2!z Phlla & Read C&1.. 66 5 | 63 West Pa Elec pf (7). 1808 5 53 Taking January 1, 1929. as a date for | 31, Chi R | & Pac 7% pt. 24 2 24 Industrial Rayon (2) 230 62 58 : Philip Morris&Co(1) 6 West Pa Pwr pf (7). 20s 99 9 % MORTGAGE DEPARTMENT valuing both bonds and stocks, the 6ia Chi Yellow Cab (1).. 200 315 +67 191 Ingersoll-Rand(1%) 52% ¢ 5 : Phillips Petroleum.. 164 13 2 21; Western Dairy pf A. 1505 H STREET NW. average value on that date of all do- i, 5 Chickasha Cot O(1). 3 12 Inland Steel........ 5 3 2915 Pierce Ol. . 72 s Western Dairy pf B.. 7 ‘. mestic_bonds listed on the New York 5% 2 Childs Company 2 Inspiration Copper 2 9 37 Pierce Oil pf. 4 3 9 Western Maryland. . Stock Exchange was $979.80 per $1.000| 15 6 Chile Copper. . 308 1% 1% Insuranshrs Del 15¢. - Perce P . 2% 5% Western Md 24 pf. 1 15 = = bond. As of June 1, 1932, which was T r‘\vsl»r"gorp'n cos 681 23 2 2 1t Insuranshares (Md) 3 2% 2 23 Pillsbury Flour (1).. 9 2! 2 4 Western I’aciflc‘:‘ - 3 i the Jowest point reached; the average Tia City lce & Fuel (2). .; : 4'x Interboro Rap Trans. g Pitts Coal. 3 2 “x Western Pacific pf value per $1.000 bond was $735.70.| 561, 45 ity Ice&Fuel pf 61 . 1508 3 : % Intercontl Rubber. 2 2 2% 2% 1% Pitts Screw 2 5 5'% g 74 Western Union...... 13 4 + 8 DO YOU showing a loss of $244.10 or 24.9 per | % City Stores. .. 3 2 Interlake Iron 5 T Pitts Steel pf. 2. Westing'se Air B(1). 20 2 2 2 cent 10: City Stores (A). ... 1008 31 31 3% " Int Agriculture, 2 32 Pitts Terminal Coal. k Westinghouse Elee.. 304 4 SAVE Stocks, on the other hand, had ‘an g 5 Clark Equipment. . 2 5 Int Agriculture pf. 4 . Pitts United Gorp. 6 601; Westinghse 1st (314) 30s 2 5 A Part of Your average value of 89.09 per share on 10 Cluett-Peabedy (1) 75% Int Bus Mach (6).... 2 2 % Pitts United pf. 7 Weston Elec Instru. 2 9 9 January 1, 1929, and declined to an 90 sett Peabody pf(7) 10s o 5 9 5 2% Int Carriers Ltd 20c. : b Pittston Co. . ! Westvaco Ch] (40¢).. 3 4 Present Earnings? 18 3 17 average valge of $11.89 per share, or 7315 Cora-Cola Co (T 6'a Int Cement. .. 5 2. : Plymouth OIl. . Wheeling Steel. . . 5 e 86.8 per cent by July 1, 1932, which | 7 Colzate-Palm-Peet 5 5 'x Int Combustion + Poor &Co (B) - bl White Rock M S (2). - 2. Think vgnn a e-:h eo ‘was their low poipt. Bonds, therefore, 2 3 Colilns & Alkman 2 12 2 2 357 13 A « Port Ric Am Tob(A) Y White Sewing Mach., P s .:ve ‘:-‘ .m n" blo t’o declined less than stocks and began 1 Colo Fuel & Iron. g Int Hydro-Elec (A). 4 “ Port Ric Am Tob(B) 15 8 White Sew Mch pf. 5 when that inevitable e their upward climb sooner than stocks 16 C 5+ 1'c Int Merchant Marine 30 31, H 1 Postal Tel&Cable pt. Wilcox Oil & Gas 3 “ | SRA/LSearie AR e did 4 « 2 H 6t Int Nickel of Can. ... 455 e’ 2 Pressed Steel Car. 1 - SR Eo o . sarnings are dagle ed or On February 1, 1933, before the bank- | 9 Columb . 7 72 Int Nick Can pf (7).. Pressed Steel Car pt. Y W1i'son & Co (A). wh:"yt g tart a ing moratorium was declared, the aver-| 775 59 ColumbGaspfA(§). 5 7 5 9 21 Int Paper pf 97 8 : 9% Proctor & Gam(1%). 47 3 9 Wilson & Copf.....s madew, gEvings seourt age value of all domestic bonds was 6% Columbia Pict vic. 6 15 + . Int Paper & Pwr (A). 2 3 3 3 4 415 97 Proc& Gamb pt (5). 708 | 3 514 Woolworth (2.40). 5 at the National Pe $833.20 per $1,000 bend. Thus within | 56% 23% Columb Carbon (2) 7 8 4 3 Int Paper & Pwr (B) Vi Producers & Refin... "5 Worthitigton Pump.. . &2 g 3 nent. We pay 5% divir eight months domestic bonds had re-| 13 Commercial Credit. Int Paper & Pwr (C). 3 Prod & Refiners pf... 808 Wright Aeronautical 20s 5 1 dends on all savings! 3 20 6 ek . - e - y 9 Int P; - F: 814 55'% 33% Pub Sve NJ (2.80) { 15 Wrizley (Wm) (3). . Member Buildi; covered 40 per cent of what they had me'l Credit (A) nt Paper & Pwr pf. i S87 00 el e NYpE (i 1 50 343 Wrizley (Wm) (3) 15 ng and lost during the previous three and &. 7 Comel Cred 1st(6%). 2308 7 . Int Printing Ink. ve N B TP Pt Laen Ave: Coialt halt years,gm: sl?r\'ey says. Comel Iny Trust (2). 39 Int Printg Ink pf (6) 2 1‘8’;" l;::'{s'ii\lf:fl"pl;f“‘_f))- l:‘l ;“ §:“'“‘:"Tr‘:_:;’: 80¢). 33 > oD c_‘“"‘ Solv (60c). i Int Rys Cent Am pf. et . Y Heard in Financial District. e e 5 RCRAE (TR e by 18 Pullman Corp (3). 10% 3t Young Spré& Wire... 9 h M. Ra ident D o o) ey 241 T4 Youngstown Sh&T Miss Elizabet! L mey. president 21 Comwlith ou p Int Shoe (2) % % ST of the Bank and Professional Women's | Tt Congol-Nairn (60c). 9% Int Silver o ilos 3 1; Zenith Radlo. Club of Alexandria, will address the 613 Congress Cigar (1) Int Silver pf. Pnrity Baker! members of the Washington Bank | 3, onsol Cigar. Int Tele & Teleg. . .. 3 8% 8 Radio Corp. ‘Women's Club at _their monthly dinner 1% Consol Film 4 Interstate Dept St... % 6 6 26 * 13% Radio Corp pf (A).- ting tomorrow evening at the Par-| 12% 57 ‘onscl Filmpf...... 6 e S, 184 6' Radio Corp pf (B)... :;ie'rrelg Room. 63's 40 Consol Gas NY( 3 il T e e (0 L 2 a 3% 1 Radlo-Keith-Orph... Great Northern Railway has been au- 244 Consol Laundri w| 32 124 Johns-Manville... § | 414 RR Sec 111 Cent Stk. . thorived by the Interstate Commerce| 9% 5 CumsolOllCorp... i _T8% .35 -Jonen & Laush pf(1). 3 % 5 Raybestos-Man (60¢) Commission to issue $45,000,000 of gen- 1% Cons RR of Cuba pf. 1815 6% Kausas City Southn. : R 231; Reading Rwy (1).... eral mortgage 6 per cent gold bonds in % Consol Textile ; + 28% 12 Kan City Sou pf (2). p 2 ") 314 25 Reading 1st pf (2)... of capital ex- 1% Container Corp » % 6% - 7 2% Kaufmann Dept St. 5° [3 N 23% Reading 2d pf (2).40 3 Son Corp % 3 3% + % 13% 6% Kayser (J) & Co, 5% Real Silk Hoslery..., V4 A { @ Fereelee s e"ss % Nat Dist P...May 29 129 3% B4+ % Sales of Stocks on New York Exchange. ' z 1.320,000 12:00 Noon. 3,200,000 2:00 P.ML Dividend rates a2 eiven in the sbove table are e adin: the latest quarterly or baif-yes than 100 shares. 11444 +44+ 4414