Evening Star Newspaper, June 10, 1933, Page 15

FINANCIAL TRADING MODERATE IN BOND MARKET German Issues Go Higher. THE EVENING STAR, BONDS ON N. Y. STOCK EXCHANGE Received by Private Wire Direct to The Star Office. WASHINGTON, D. C., SATURDAY. ICURB PRICES UP INACTIVE TRADING Number of New High Marks JUNE 10, 1933. Sales. High. Studebaker §3°42.. 5 38% Sweden 5%s'54... 934 Taiwan E P5%s'T1 Tenn W1 P 68 A *47. Ter As St L 5544, Tex Corp cv 58 '44. Low. Close. 38% 934 64 80% 97% 9115 OF POTATOES RISE Sharp Advance Is Feature of UNITED STATES. *(Sales Lib 3%s 32-4 GrtNorgn7s'36.. 8 78 % T8 8 44% 44 44y 7 58% 59 104 104 105 105 61 61 Dividend Bate. A0d 00 00. Hgh. la- closs. | Divident Fate, Ade 0. High. Low. chn Air Inv Ine vte. 3% 3% | Nat Invest war, 2 1% AfrInvevpf... 1 141 Nat Leather. . 2% Ala Great Southern 1 35 1% Alabam Pw pf (6). 10s 52 Alum Co America..1200s 95 Alum CoofApf1%. 1 72% l Sales. Hign. Low. Close. Hudson Coal 55 "62. Hud & M adj 58’57, Humble O11 55 '37-. 111 Bell Tell 55 °56.. 10217 101 16 102 10 10230 10217 1022 10116 10116 . 10217 10210 103 10228 1% Natl Steel Car Ltd.. 50s 133 Nat Union Radio.. 1 Industrials Advance Irregularly. BY JOHN A. CRONE. Special Dispatch to The Star. NEW ¥QRK, June 10.—Trading in| bonds was -¢ =oderate proportions to- | day, although were were several devel- opments of interesc 2 investors in such | securities. Dispatches from Washington indi- eated that the provision to stop future issues of tax-exempt municipal issues | probably would be eliminated from the; industry control bill. Specialists Xn: these bonds sgid there was little or no| activity in thém. | German issues were higher as a rule. | Cables from Berlin reported that the | national government plans to pay in- terest on its issues in marks deposited | in the Reichsbank. Reports from Paris said that the French government is considering the use of a favorable Ger- man trade balance with France to meet the service charges on the Dawes and ‘Young plan loans floated in that coun- try. U. S. Governments Ease. United States Government bonds had an easy tendency. Domestic corporate obligations were moderately active and irregularly higher. Alleghany and Nickel Plate issues showed varying losses. A judgement for $139,050 against the fatter carrier was handed down in Su- preme Court here yesterday in favor of the owners of some of the road’s three- year notes, which matured October 1, 1932, and were not paid. i A few sharp changes were scattered over the list. Baltimore & Ohio 6s dropped 2 points and Chesapeake Cor- poration 5s, an affiliate of Alleghany and Nickel Plate, were a point lower. Postal Telegraph 5s also slumped. Swiss Action Helps. Pleasant news for holders of Swiss/ fssues appeared in the decision of that | nation's federal council to pay in gold the interest on its bonds floated in this country. The next interest pay- ment on the 515s is due on October 1 and amounts to $27.50 face value. Ow- ing to the depreciation of the dollar, the gold equivalent of that sum would | afford a premium of about $5 to $6 in American money at present exchange| s. Owens-Illinois Glass Co. has called | for redemption on July 1 its 10-year 5| per cent sinking fund gold debentures | due January 1, 1939, at 101%. ~, (Copyright, 1983.) New York Cotton Bpecial Dispatch to The Star. NEW YORK, June 10 (CP.A)—A further sharp advance in cotton prices today carried the list to highest quota- tiam of the week. October sold within 8 points of the high levels of the move- ment, but the market met heavy week end profit-taking and closed with a gain | of 5 to 9 points. Spots were advanced 1 point to 9.35. duly ... October December January arch Ioy. Close P e 930-80 9.64-06 Open. Hizh. 030 9.34 6 2y . 2’1011 1012 Grain Market By the Associated Press. CHICAGO, June 10.— Sensational crop losses shown in the Government report vied with new damage today from severe heat, and hoisted wheat -mi oat prices to fresh top figures for All grain markets were big, broad af- fairs, with general public trading much larger than of late. There were advices of wheat firing today in -Illinois and the Ohio Valley. These areas have heretofore been regarded as in the best condition of any in the country. WHEAT— Open. High. 76% Septembel December ptember mber RYE— NEW YORK EGG MARKET NEW YORK, June 10 (#)—Eges, 86,943 cases, steady. All mixed colors, whites and brovns unchanged. | SKLVER QUOTATIONS NEW YORK, June 10 (#).—Bar sil- yer firm, 1 mghcr at 36%, METAL MARKET NEW YORK, June 10 (#).—Metals kbominally unchanged. | | INVESTMENT TRUSTS NEW YORK, June 10 (#).—Over-the- | Depos Bk Sh N ¥ Depos Ins Shrs * 0 idend 8i K 1,39 Am B usteed Am Bk * Market Averages By the Associated Press. STOCKS. 32 23 R4, 83 6 784 74 989 100.3 1 8 7.7 7.6 71.0 61.0 563 3] ik 83 | Chi Un Sta 6%5%63. 100 Sales. Abitibi P&P 55'53. 3 Ab&St5%s43.... 1 | Adams Exp 4 1 | Alleghany 5s°44.. 14 Alleghany 55°49... 21 Alleghany 65 'G/ Allis-Chalm 5s Am Beet Sug 6535 | Am Chain db 65 '33 Am F P 55 2030.. - Am IGCh5ks'49. Am Intl 5%s'49. Am Sm&Ref 53 Am T&T 4%s'39 Am T&T c tr 55 '46. Am T&T deb 55 '60. Am T&T deb s '65. Am T&T 5%s'43. Am Wat Wks 55'34 Am W W & E 6575 Am Wr Pap 65 '47.. Antioquia 7s '45 Argentine 55" Argentine 5% '6: Argentine 6s'61 M. Argentine 65 '59 Oc Argentine 65 A '57. Argentine 65 B 58. Arm & Co 4%8°39. Arm Del 5%s ‘4 Atchison gn 4s°95. Atchison 43%s 48 AtICLun4%s’64. Atl Refdb5s°37... Australia 4%8°56 Australia 53’57 B&O 1st4s'4s B&O 4%s 60 B &0 1st 5548 B&Oref5s'ss. ... B& Ot 65 D2000.. B&OTf6sC'95. 3 &0 Sw dv 58’5 B&OPEWY 43 B & Toledo 45'69.. Batav Pet 43542, - BRanBARa aa e Belgium 6%s '4 Belgium 78 '55. Belgium 7s '56. Berlin Cy El 6s°55.. Berlin C El 6% 8’51 Beth Stlrf 5 Bolivia 7s'58 Bolivia 78'69.... Bolivia 8s 47 Bordeaux 6! Braril 6%s BrazilCR 7s Brazil 8s "41 Bremen 7s '35 Bklyn Ed 5s A *, Bklyn Elev l* o " AN ORORNHBAD 0, HNHN D ORI WD RSN n0wse Buff Gen E] 445" !l BR & Pitts 4%3 57 Bush Ter con 55’65, Canada 4%s'36 Canada 68°52. Can Nat Ry 43 .Can Nat Ry 4%s '68 Can Nat Ry 4% 8’56 Can Nat 5569 July Can Nat s '69 Oct. Can Nor deb 75 '40. on Cent Pac 1st 4549, 1 Cent Pac §s 60, Cert-td db 5% 1 Ches Corp 55 '47... 85 C&Ogend%s's2,, 3 C&O4%sB'95 9 C& O con 5839 CB&Qgn 4s'58. CB&Q4%s'TT CB&Q Il 4s'49... Cent [11 E&G 58 '51. Chi & Est 111 58'51 Chi Grt West 4s'59. Chi Ind&L gn 55'66 C M & StP gn 4s'89. Chi M &StP4%sC Chi M&StP 4% s E. C M StP&P 58 '75.. CM&StP ad 5s 2000 142 Chi & NW gn 4s'87, Chi&NW 4345C'37.. Chi&NW 435 2037, Chi & NW 4%s'49. Chi&NW rf 55 2037 Chi RI&P gn 4s'88. Chi RI&P rf 4s°'34. ChiR1&P 43852 | Chi RI43%s'60. CTHR&SE 1st 5560 CTH&SE in 65 60 Chi Un Sta 4%5 6 Chi Un Sta 55 B63. C& W Ind 5%s'62. Chile 6560, Chile 6s"61. Chiie 65’61 Jan Chile 6361 Sept. Chile 6363, op db Chile Mtg Bk 6561 Chi Mtg Bk 63%s 57 Chi Mtg Bk 6%'61. Cin Un Trm 5s 2020 CCC&St L 4 % sE'77 CCC & St L 53 D'63. Clev Term 4%s'77. Cley Term 6s B '73. Clev Ter 6%sA'T2.. Colomb 6s ’61 Jan Colomb 6s'61 Oct { Colon O1l 65 '38 Colo & Sou 4%s Col G&E 5s '52 May Col Gas & E 5s°61.. Com Inves 53%s '49. Cons C Md rf 58 '50 Con G NY 4%s"51. Gon Gas N Y 55’57, Con G NY 5%8'45. Con P Jap 6%s'50. Consum Pow 58’52 Copenhag 4%s '53. Cuba RR rf 73s" 36 | Cuba Nor 5%s42.. | Del&Hud ref 4s°43. | Del & Hud cv 5535, | Del & Hud 5%s"37. | Denmark 435 62.. | Denmark 6s 42 | D& R Gron 4s"36. | D&RG W 58 '55.. 100 |D&RG W5s'T8.. 44 Det izdison rf 55’49 Det Edison 6 '52. Dodge Eros 6540 . | Duquesnes % sA’67. DFI 1s°53 Mar. East C Sug 7%s'37. Eriecv 4s A '53.... Erie gen 45 '96. Erie ref 65 '67. Erie ref 53 ‘75 | Erie & Jer 65'55. Fiat deb 7s'46. Finland 78 '50. Fisk Rub 85’41 Fla E Coast 63 '74.. French Gv 7s French Gv 7%’ Gen Baking 5%5'40 Gen Th Eq 6540, . Ger Cent Bk 65'38.. Ger Cen Bk 6560 J Ger Cen Bk 63 60 0 Ger Cen Bk 75 '60. . Ger Gen Elec 6548, Ger Gen E1 7545.. Ger Gov 5% '65 German 6%s German Rep 78 GoodHopeSal ! Goudrich 68 Goddrich 6% e Goodyr Rub 58'57. . Grand Trunk 65'36. Grand Trunk 7s'40. Gt Brit&Ir 5% Grt Nor 4%s D '16. 15 GrtNor4%sE'T1. 6 GrtNor§sC'73... 1 GrtNor5%sB'52. 1 20 13 9824 9816 1028 1025 1026 10416 104 10 106 6 10930 109 26 1 105 9 90 99 30 1021 1025 1025 1064 Low. 22% High. 28% 93 69% 5814 4 102% 98 26 100 1028 1025 1026 104 16 106 4 109 29 111 Cent cl tr 45 '53 Il Centrf4s’55... 111 Cent 4% s ! 11 Cent ref 555 1) CCStL&N 5s A Inland St 435 A'78 Inland St 2% s B'81. Int Rap Tr rf 55 '66 Int Rap Tr 6s°32.. Int Rap Tr 7s°32.. Int Cement 55 '48.. Int & Gt Nor 6s'52. Int & Gt Naj 635 Int Hydro El 6s "44. Int Mer Mar 6541, Int Pap 65’55 Close. 23 93 69 5814 51% 26 85% 5 "ntT & T 6s '55 82 |Ttaly 7s°51. 75 Italy Pub 7s 1n1u Japanese 5145 °65. . 105 | Japanese 6% '54 Kan C F S&M 45’36 101% | Kan C P&L 4%s'61 5414 % 105% | Kan City Sou 3s'50. % 114% 0 101'/: 100% 91 90% 105 6% 96% 96% 1 1087% 103% 103% 2 113 113 84 14% 141 14% 14% 14% 14% 104% 1043 60 60 102% 102% [3 665 46% 1% 92 99% 1 T4% 24X . 12 124% 123% 123% 41 123% 123% 123% 2 100% 100% 100% 6 5% Py 36 % 101 66 69 0% 94 | Kan City Ter 45'60. 80% | Kan G&E 4% s'80.. 43 | Kresge Found 65'3¢ 14 | Laclede Gas5s'34. 56 | Laclede5ksC 61% Leh Ven I‘hs"OO: 6 Leh Valcn 55 2003, Lig & Myers 6s'51.. Lig & Myers 7s "44. Lorillard 55’51 La & Ark 5369 Lou G & El 6s A’52. Manhat Ry cn 4890 50% | Market St 7s A *40. 995, | Marsetlle 6534 % | Midvale Stl 5536 8 | Milan 635 52 o3 | MilERyaLSss'61.. 804 | Mil E Ry&L 5311 01| MSP&SSM cn 43'38 0% | MSP&SSM 53 t38 o91; | MSP&SSM 538°49 95| MK&TEsA 62, SX|MK&T4sB 62 e i Y B e L3 N Srwmasans wawsie o 5 Raane - MK & Tadj 5!'61. 142 Mo Pac 55 F 77, Mo Pac5s G 18 Mo Pac 5s H '80 1% | Mo Pac5s 18 13 | Mo Pac 5%s A 49 Mobile-Ohio 5s '38. Mont Pow 53 43. ... Mont Pwr 5s A '62.. 32,‘ Montevideo 75 '52.. 4 105% | Nat Dairy 5% 3214 | Nat Steel 53’5 901 | N Eng T 1st 55 '52 107 | NJ Power 6560 103% | NOT & M5%s'54 101% | Nw S Wales 55’67 61 | Mex 4s ast 1910-4; 24% | N Y Cent 3%s'97 N Y Centdb 4s 34, 9% N Y Cent 45°98... 99 | NYCrf4l4s2013. 90% | NY Crf434s2013n 90%| N Y Crf5s2013.., \90% | N Y Cent ab 65 °35. " 90% | NYCRSIL 15t 4537 92% [ NYC&StL 43%s '78. 95% | NYC&StL5%8AT4. 95% | NYC&StL 1st 65'32 102% | N Y Edison 5s C'51. 80 NY NH&H 6s 82 NY O&W gn 45’55 70 | NY O&W rf 4s'92 55 | NY Rys Inc 6565 90 | N Y Steam 55 '56. . 101% | N Y Tel gen 4%s '39 90% | NY W&B 4%s "4 105 | Nia Sh Md 5%s 50, 90 | Norf Sou rf 55°61.. 87 | Nor & Wn cn 43 '96. 94% | Nor & Wn div 45'44 65 | North Am Co bs'e1. 10 | Nor Am E 53563, 41 | Nor Ger Ltd 6s°47. 37 i Nor Pac gn 3s 2047. 583 | Nor Pac 45'97..... 61% | Nor Pac 5s D 2047 62% | Nor Pacr { 63 2047, 36 | Nor St Pw 5s A'41. 15 | Norway 6s 44 54 | Norway 6s'52 28 | Norway 65°63 f; Ohio P S 734s "46. Oreg-Wash 4861 Orient Dev 5%s "5 Pac G&E bs 42, Pac T&T 1st 55’37 Pan Am Pet 65 '40 Paramount 6s *47 Param-Pub 5%s’ 587 Penn sta 45°48. Penn 4%s D’81. Penn cn 4% '60 113 84 15 14% 14% 14% 14% 15 6415 Penn 4%s D Penn 4%s '63. Penn gen b5 '68. Penn 63%5°36. Penn P&L 4%s '8 Peop Gas ref 5s "4’ Peor & E inc 4s Pere Marq 4%s Pere M 1st 55 '66. Peru 65’60 Peru 65 '61 Peru 7s'59. Phila Co 5567 Phila Elec 4s '71. Phila & Read 6s '49 Philippine R 4s ‘37, Piilsb F M 6s'43. .. PCC&StL 4%s C17 Poland 7s’47... Poland 8s '50. Port Gn E14%s '60 Porto Alegre 8s'61., Por R Am T 63°42. Press Stl Car 53 '33 Prussia 6s'5 Prussia 6%s Public Serv 4s ‘T’ Pub Sv G 4%s'ST PubSvG 4l Pure Ol 5% Pure O11 5% "4 Queensland 7s'41.. Rem Arms 63 A ‘37 Rem R 5% sA 4Tww Rhine Ruhr 6s '53 Rhine West 6s,'52 Rhine West 6s'53. Rhine West 6s ‘55 Rhine West 7s "50 Rich Oil Cal 65 '44. Rio de Jan 6%%s '53. RioDeJan ext 8<'4¢ R Gr do Sul 65 68. RIAr& L 4%s 34, Rome 6%s'62. Royal Dutch 45 45. StL IM R&G 45°33. St L&SF 45 A '50... StL&SF 41878, StL SF 4%¥"78ct st StLSW lstds'85. | St P Un Dep 5572 S| San A& A P 4s 43 Sao Paulo 75 '40 Sao Paulo 8336 Sao Paulo 8s '50 Saxon P W 6%s'51 Saxon 78 '45 1024 109% 109% 1081 111% 18 Serbs-Cr-SI 75 "62 57% | Serbs-Cr-S1 8s°62., 39% | Shell U Ofl 5547, 48, . 1 1% 5514 Tex & Pac 53 D80, Third Av adj 5860, Third Av rf 4s°6Q. . Tob P NJ 6%s mzz Toklo 5% s "61. Tokio EI Lt 6553 .. Union El L&P 5857 P 1st 53 sA'54 Un Pac 1st 4s°47... 70 29% 5244 9 6915 591% 103 4| Un Pac 4s68... 1% 6 % 81 T4 62 60t 67l 82 80 36% Al 33 105% 105% 4 111% 111% Pathe Exch 7s'37.. 2! Pos Tel & C 55 '53. .10 1 5 20 20 3 12 1 3 @ 5 7 4 21 1 101 54t 100‘5 1\]4’1\) 100% 101 36 36 49 291 35 41% 36% 59 69% 90% 87 102 64% 66 69 Shell U O 55 '49ww. 15 Shinyetsu 6%s '52. Silesia Prov 7s '58. Sinc Oil 6%s B 38, Sinc Oil 78 A "37. Sinc P L bs '42. Skelly Ol 53 Sou Bell T&T 6: 1 1'1 Sou Pac 4%s Sou P 43436 Sou Pac 4% 1... 27 100% 100% | Sou P&Or d*l"‘" 15 5 102% 102 82 105% 104% 105% | Sou Ry bs 65% 64% Sou Ry gn 4sA’66.. 17 4 13 Sou Rv £n 6: Sou Ry 6348 '56. ... 9 St O NJ & 4 0% StOUNY 4%s '51. 19 9% 78'% 6315 Al% 97% 99% 9% 1024 102% 9% T9% 104 104% 764 56% 6% 56% 66% 50 83% | 673 7114 104‘/1 1047 94 99% Un Pac rf 4s 2008 Un Pac 435 '67.. Tn P 1strf 55 2008. United Drug 5s '53. U S Rubber 55 "47 Un St W 6%s A'51. Uruguay 65 '60. ... Utah P & L 55 "44.. Util Pw 5359 ww. . Util Pow 5%s '47.. VanadiumSt 58°41. Vienna 6s Va Ry 1st 5s Va Ry & Pw 63 '34. Va SW 1st cn 58'58. Wabash 1st 55'39.. Webash 5%s 5. Walworth 6s A Warn Br Pic 6s°'39. Warn Quin 6s '39 Warsaw 7s'58. West Sh 1st 4s 2361 West El db 55 '4 West Md 1at 45 '52. West Md 5%s 77 West Pac 5s A "48 West Union bs '51 West Union s '60. West Un 63%s 3| Westphalia 6s '53 Wh Sew Mch 6s'40. Wil & Co 1st 6s "41. Wis Cent Tm 4s'36. Yestn S&T 5s A'78." Ygstn S&T 55 B'70. LOADINGS INDICATE INCREASE OVER 1932 Total of 508,234 Cars Represents Small Decrease of 33,075 From Preceding Week. By the Assoclated Press. The American Railway Association announced today that loadings of rev- enue freight for the week ended June 3, were 508,234 cars, a decrease of 33,- 075 below the preceding week, but an increase of 60,822 over the same week in 1932, Comparisons showed that all com- modities for the week ended June 3 registered increases over the correspond- ing week last year, which is the real basis of comparison, with the exception of merchandise less than carlot freight. Miscellaneous freight loaded was 196,- 382 cars, a decrease of 11,009 under pxecedlng week, but 26,196 over 1932; less than carlot freight, 147,992, delxeue 18,412 and 6,818; grain and l’l’lln prod- ucts, 34,204, decrease 135, but 10,899 above last year; forest products, 22,783, increase 174 and 6,364; ore, 8,517, de- crease 1582 below the week belure, but an increase of 6,332 over 1932; coal, 78,632, decrease, 2,283 over the preceding week, but 15,536 over 1932; coke, 4,591 increase 454 and 1,580 and live stock, 15,133, decrease 282 below the preced- ing week, but an increase of 733 over last year. Store Executive Resigns. CHICAGO, June 10 ().—William G. Burt resigned Friday as vice president ! in charge of the wholesale division of Marshall Field & Co. after 37 years of service with the department store. Pay Raised in Shoe Plant. BINGHAMTON, N. Y., June 10 (#)— Endicott-Johnson Corporation, = shoe manufacturers, yesterday announced a 5 per cent wage increase affecting 17,- 000 employes. CHICAGO ST&CK MARKET CHICAGO, June 10 (#)—Following is the complete official list of transac- tions in stocks on the Chicago Stock Ex- change today: High. Low. Olose. J36. 36 36 6% 5600 Berghoft Brew 1000 Borg-Warner . mm Sion Rabber ) De Mets pince 400 B Homsbnold 200 Godchaux Sug B 1100 Goldblatt ... .. 450 Gt Lakes Airc 500 Gt Lakes Dredge 3100 Greyhound .. 500 Mickelberry's Fd 7900 Mid West Ul _Reached by Better Known Shares. Special Dispatch to The Star. NEW YORK, June 10.—Stocks omthe Curb Exchange were active from start to finish today. Closing prices were irregularly higher, with a number of new high records for the year among the better known issues. The usual market leader, Electric Bond & Share, attained a new top on a heavy turnover. American Gas & Electric, Humble Oil, Brazilian Light & Traction, Atlas Corporation, American Superpower, United Light & Power and Singer Manufacturing also reached new peak levels. Citles Service closed frac- tionally lower. Standard Oil of Indiana held steady. Steel, Electrical Manufacturing, Metal Food and Speciality shares were leaders {in the upward movement in the first { half of the session. Driver Harris pre- ferred, which made a new high record; National Steel warrants, and Ferro- Enamel reflected trade expansion in the steel industry with higher prices. An ex- ception to this general trend was A."O. Smith Corporation, which opened lower. Crocker-Wheeler Electrical was a leader in its group and reached a new 1933 peak at 77%. Warrants of Alumi- num, Ltd, were especially active. Aluminum Co. America common, however, moved rather narrowly. In the copper shares it was the South African mines which piled up the vol- ume, with B'wana M’kuba the leader in point of volume. New Jersey Zinc was up more than a point as a result of the better statistical poamon of that metal. Great Atlantic & Pacific Tea opened 5 points higher, but the volume in food shares centered again around the meat packing stocks, especially me & Co., Swift International, Hygra Food Products and Libby, McNeil & Libby, 10 Wise Bunkahu 300 Zenith Rad.. 3000 L Sal St B Stock sales tods Bond sales tod: BALTIMORE STOCKS. BALTIMORE June 10 (Special).— Sales. TOCKS. Last sale. T Arunadl Sorporation. 24 14 Appalabian Decke; 3 8 p el Bmo it 390 Consolidated Gas ct §Con Gs 5% cum pfd E 5 Gus 5% cum pld A 15 Fidelity & Deposit (3 485 Maryland Casualty 42t Ver Woodberry unu Pl 75 New_Amsterdam C: 10Fa Water & FPowe: 410U 8 Fidelity & Gu: BONDS. 1000 United Rwy & Bles 1at 48.eve 14% the latter making a new high. (Copyright, 1933.) UNFILLED U. S. STEEL ORDERS SHOW GAIN May Total Reaches 1,929,815 Tons, With Ingot Production at 40 Per Cent of Capacity. By the Associated Press. NEW YORK, June. 10.—Unfilled or- ders of the United States Steel Corpora- tion increased 65,241 tons in May to & total of 1,929,815 tons, the corporation announceg today. In April the tonnage increased 23,572 tons, making the first gain in backlog since October last year. Current ingot production of the country, now well above 40 per cent of capacity, compares with about 20 per cent a month ago. Calculations of a further improve- ment in the corporation’s backlog were based on the repeated statements of the steel trade reviews during the month that the automobile industry and mis- cellaneous consumers wege continuing to order steel on a broadening scale. BONDS ON THE CURB Salesin DOMESTIC BONDS. High. Low, Close. 63% 64 = 73% 26 6% B 6 36 mm mw. 1013 3715 3615 :131;4 3Cjt Srv PL 49 423, 42 1 Clev El Illu Bl A ‘64 105 L I 3 1‘5‘": 1013 10138 05% 95'/. nga »"/. 97Y% 97T% 68" 6 1 Ge 24 Georgla 5 Goeb B 6zs A e k- 5 G 4 B3 A3 84 Biu B4 *67. 2 Rt 00 5145 36, 5752 3 Hibason BMes (5% 105 i § " %63 " 63 Pw & L 0s ABd 60 3 v 5s'C 4 611 61 o 37 Rois w614 5 3 . 55% B85 5 Jers CP&! 61 Y & 73 73 5 3 Koppers G & Cbs 51 A 1 Koppr G & C 5%s '50 4 1 Kresge 55 ‘45 Bis i 5 s 7i 7 12 Bs 'B5... R2 4 Blas ‘46 . Wit U 2 : 4158”150 G § , 3% (I ) 4 Yy o NatP &L 7 i s 4 57 3 % G 5 7 ; v Eng B oy 3 b %5 67 "% A? 37 8% 80y 3o g1 m 5576 3, 87 8 Pac 0 043, 04 2 5 E bs D 10 5 s 5Pa O Pe s 2 9024 3 s 0 3 s Rive &6 5 Proc & o . 98" 973 P8 NI 41% 512 76 P&L 5Yis A 30 61 > Pug Bs B8 P&L R P 55 A ‘53 i 844 3Sh W&P 4% 38n W& s B '68 67% i Sh &P e 5ee G 7 T0% 6013 70V s i u 01 1% Hhas okt Tehsh 87 80 70 8 A '5 i fie '57 8% 6 706 2 3y Ll 104% 1 ] oyt 194412 d 5 G 4%s 61 G&E bs A 11 Stan G&E cy ds gsund G 3 Wask W & P B 10 13 Wes Tex U Bs A '57 59 FOREIGN BONDS. 3% urg s, uh G O 6las A '3 Rus 6%s ctf NC 1 Saarbrueck 7s '35 2 Stinney '46 X ww—With warrants. X¥-Without warranta. n—New. Wi—When lssued, Aluminum Ltd. ... Alum Ltd C war Alum Ltd D war Alumn Ltd cum pf. Am City P&L B 15¢ Am Comm Alcohol. Am Comwith Pw A. Am Comwlth Pw B Am Corp....... Am Cynamid (B)., Am Dept Stores. .. Am & For Pwr war. Am Founders. ..... Am Found 1st pf B Am Found 1st pf D. 25 AmGas& Bl (31).. 44 Am Gas & El1pf(6). 2 Am Investment. 6 AmLt&Trao (2).. 8 ‘Am Manufacturing 50s Am Maracaibo..... 19 Am StPbSvcA.. Am Superpower. ... Am Superpower pf. Am Super 1st pf 6. Am Thread pf 25c.. Anchor Post Fence. Ark Nat Gas.... Ark Nat Gas (A). Armstrong Cork Art Metal Works. . Asso Gas & Elec... Asso Gas&Elec(A) Asso Gas & E war. Asso Gas & Elec pf.12 s - = SHSomnEmaaal Brow Aviation New Eng. Benet Ind Loan 1% Bickford’s Inc 60c.. Bickford pf (21) Bliss Co (E W) Blue Ridge. . Blue Ridge pf (a3). Brazil Trac & Lt... Brillo Mfg (60c)... Brown Co pf.. Buft N&E p (1.60)- Bunker Hill & Sull. Butler Bros. ...... Bwana M’Kub Corp Cable Radio T vte.. Cable&Wire A rets. Cable & Wire B reta CanadianMarconi. Carib Syndicate. .., Carrier Corp. . Cent States Elec Centrifugal P 40 Chief Consol Min. . Citles Service Claude Neon Inc. .. Clev EIl llum (1.20) Colon Oil..... Colum O11&G v.t.c.. Comwlth Edis (5) Comwlth & Sou wr. Comstock Tunnel. . Consol Aircraft... CAMCoctfs. . Consol Copper. Con Gas Balto 3.60. Cord Corp (10¢). Cosden & Co. Cosden & Co c.od. . Cosden Ol pf cod. Courtaulds(p8%e). Creole Petroleum. . Cresson Consol(4c) Crocker Wheeler... Crown Cent Pete Crown Cork Intl A.. Cusi Mexicana Min Davenport H (50c). Deere & Co........ Derby Ol & Refin. . Detroit Aireraft Dixon (J) Crucible Dow Chemical (2). Driver Harris. ... Driver Harris pf Dubilier Cond & R. Duval Tex Sulphur East G&F As (60c). East States Power. East Util Assocv.. Easy Wash Mch B, 15 15 7 | Eisler Elec Corp. .. El Bd&Share b6% . FEl Bd&Share pf El Bd&Share pf 5. . El1 Pwr Asso (40c). El Pwr Asso A 40c. ElP&Lopwar.... Elec P&L 2d pf(A). Elec Shareholdings Empire Pwr part. . Empire Pub Sve A. Europ Elec deb rts. Evans Wall Lead. . Fairchild Aviation, Falcon Lead...... Federated Corp. ... Ferro Enamel A(2) Fiat rets (pé03c). Film Inspect Mach., Fisk Rubber(new). Fisk Rub pf (new). Flintkote (A)..... Florida P & Lt pf.. Ford Motor Can A. Ford Motor Ltd. Ford Motor France. Foremost Dairy pr. Franklin Mfg..... General Alloys General Aviation. . Gen Fireproofing. . General Rayon (A) Gen Theat Eq ev pf Gen Tire & Rubber.250s Georgia Pw pf (6).. 258 Glen Alden Coal... 3 Godschaux Sug B.. 6 Goldbl Brosal%.. 50 Gold Seal Electri Goldfield Consol. .. Gorham (A). 440 49 42 ColG & Ecv pt (5) 815! 123 2! Grt A&P T n-v(17) 50. 175 1% Greyhound Corpn.. 4 Gulf Oil of Penna.. 24 577 Hazel AtlasG1 3% 8 65 1 Horn & Hnrdnrl(z) Hudson Bay Min... Humble Oil (2).... Hydro Elec Secur.. Hygrade Food... 1P &L pf (6) 1mp Oil Ltd cou 1Ind Terr 111 Oil A, 1 Indus Finance vte.. 2 50s ] T%h 21% 5 11% 4% Int Hy EIScpf l% 115! 26‘6 12) Jat] Petrol ( Int Product: 4 Int Utilities (B)... 21 Int Util war new... 10 Interstate Equities 3 Interstate Eqevpf. 3 237 Intersta Pw Del pf. 10s 2 Iron Cap Copper... 1 Italian Superpw A. 12 Jonas & N.umbur: 12 Kirkland. Kleinert Lake Shore M 12%. Lefcourt Realty pf Lehigh Coal&N 40c Leonard Oil. Libby McNelil & L. Lone Star G bédc. .. Long Island Light.. Lopisiana L & Ex McCord Radiat B Mangel Stores..... Mangel Strs pf. Marion Stm Shovel. Maryland Casualty Mass Util Assoc'n.. Mavis Bottling A. . Mead Johnson (3). Merritt Chap & S Mich Gas & Oil. Mid Sta Pet vtc Mid Sta Pet vtc B.. Middle West Util Mid W cv pf n xw.. Midland Steel Prod Minn Honey pf (6). 208 Miss R Fueldbrts. 1 Montgom Ward(A)210s Mont Lt H&T 1%.. Mcore Drop Fg A.. Mountain Prod 80c. Muskogee Co (50c) Nat American. . Nat Aviation. Nat Bella Hess. Ngt Bnd & Sh (1) Nt Contain pf(2).. Nat Fuel Gas (1). Nat Investors. 16 kN 2% k] 1% . 2% 3% 3 13% 2% 39 55% 20 67 1% 2 11% 4 3 | stock. New Eng Pwr pf(§) 60s New Jersey Zinc2.. 9 'wmont Mining. . New Process Co(1) N Y Shipbldg(40c). N Y Transit (30c).. Niagara Hud Pow.. Niag Hud (A) war.. Niag Hud Pw B wr. Niag Hud Pw C wr. Niag Sh(Md)B 20c. Niles-Bement-Pond Nipissing. North Eu: Northern P L(50c). North Sta Pw A(4), Novadel Agne (5) Ohio Copper.... Oil Stocks Ltd(10¢) Outboard Motor B. Pacific East Corp. .. Pac G&B 1st pf 1% Pantepec Oil. . Parke Davis (1)... Parker Rust P23, 250- Penroad Corp. Penn Wat &P (3). l Pepperell Mfg Co..190s Petrol Corp war... 22 Phila Co (1).. Phil Morris Ine. . Phil Morris A 1% Phoenix Securiti, Phoenix Secur pf.. Pilot Radio Tube A. Pleneer Gold (45¢). Pitney Bowes P. .. Pitts Plate G (§0c) 600! Powdrell & Alex Premier Gold(12¢). 42 Producers Rovalty 8 Prudential Invest.. 18 Pub Util HId xw... Puget S4 P&L $6 pf Pure Oil pt........ Ry & Util Inv (A). Rainbow Lum A Rainbow Lum B Reiter Foster. Reliance Int A Republic Gas. Reybarn... Reynolds Investing Richfleld Oil Cal pt Roan Antelope. Rossia Intl. Ryan Consolidated. 26 St Anthony Gold 3t Regis Paper.... St Regis Paper pf. Salt Creek Consol. . Salt Creek Prod (1) SavolOfl.........0 Seaboard Utilities. Segal Lock & Hrad. Seiberling Rubber. Selected Industries Sel Ind all efs(5%) 150; Sentry Saf Control. Seton Leather. . Shattuck Den Min.v Shawin W&P (50¢c). Shenandoah Corp. . Sherwin-Williams. 390s Singer Mfg Co (6). 21 Smith (A O).. So Am Gold & 'P'll!. Sou Penn Oil (80¢) . SouCalEdpfA1% South Colo Pw (A) South Nat Gas..... Southern P L (40c) South Union Gas. . Sou’land Roy (20¢) Sowst Penn P&L 4. 50 Spanish & Gen rcts Stand C & S (2.40). Stand Ojl Ind (1).. 19 "Stand Ofl of Ky (1) 7 Stand Pwr & Light, 10 Standard P&L (B). 3 Stand P&L pf (7)..750s Stand Silver & Ld.. 20 Starrett Corp.... Starrett Corp p Sun Investing. . Sunray Oil. Swift & Co.... Swift lntcmt’l(l) Taggart Corp. 31 24 43 21% | FanSon ETTTY 49 Texon Oil & Ld (!)‘ 6 ‘Thermoid cm pf. .. 4508 Tob Prod Exp(10c) ‘Tonopah Belmond.. Tonopah Mining. .. ‘Trans Air Transp. . Trans Lux DL P 8. Tubize Chat Corp. . Tubize Chatillon A Tung-Sol Lamp. Union Gas of Can.. United Corp war. .. United Lt & Pwr pl Utd Shoe Mch 2., 50s Utd Shoe M pf 1%.. 20s U € El Pwr war. U S Finishing. U 8 Foil (B) (20¢). U S & Intl Sec. U S & Intl 1st 4 U S Play Card (1)..125s Unit Stores vte.... 10 Utd Verde Ext 40c. Universal Insur. T% 3% 2% 5% Kl 1% 1% 13 12% 3 3 17 16% 12% 12% 1% 1% k) % % & 5% 15% 2% 2% % 3% 24 5% 1 5 3% Utility Equities. Util & Industrial Util & Indust pf. Van Camp Pack.... Van Camp Pack pf. Venezuelan Pete... ‘Waco Aircraft..... Waitt & Bond (B)., Walker (Hiram)... Walker (H) pf (1).. Walker Mining. Watson (J W)... ‘Wenden Copper. West Air Express.. Woodley Petrol. . Wright Hargvs 20¢ 6% 64 Yukon Gold....... k] % Dividend rates In dollars based on last quarterly or semi-annual payment, *Ex dividend. {Partly extra. $Plus 4% In stock. & Payable in cash or stock. b Payable in e Adjustment dividend. fPlus 5% in stock. gPlus 6% in stock. hPlus 1% in stock. 1Plus 2% in stock. kPlus 10% Produce Markets in Early June. ‘The sharp rise in the wholesale pota- to market was a feature of the produce | situation in early June, according to the United States Department of Agri- culture report. The price of old crop Northern stock at Chicago jumped 25 to 50 cents per 100 pounds over the week end, owing to a temporary let-up in supply, then subsided considerably, | under new receipts. Some other lines of produce, includ- ing strawberries, tomatoes, onions, cel- ery and cabbage, showed a brief up- ward trend, but so far, the fruits and vegetables generally have not shared much in the market upswing of farm products. Carlot shipments are coming at about the scason’s usual rate of some 2,000 daily. Asparagus was moving into Eastern city markets from a group of States, which_included Maryland, Dela~ ware, New Jersey and Pennsylvania. Shipments were active in June and con- ;| siderably exceeded the figures for the same period a year ago. In New York City, asparagus arrivals were selling from $1.25 to $2 per crate. Berry Shipments Decrease. Strawberries in carlots are decreasing, but truck movement is heavy and prices are low, especially in Eastern markets. Apple prices are about steady, and the market fairly active for so late in the season. The hot weather fruits, lem- ons, cantaloupes and melcns, are sell- ing better this month at fairly well sustained price level. The berry season is becoming active in the more Northern producing sections. Various varieties from Pennsylvania were reported sell- ing in Philadelphia at $2 per 32-quart crate. A few up-river section New York State berries sold at 8 to 10 cents per quart in New York city, with an occasional sale as high as 12 cents, al- though the market supply in that city was reported liberal. Shipments from Virginia, Maryland and North Caro- iina this season have greatly exceeded prices fol- a period of llsht shipments of old new stock, resulting in a compara- shortage of supplies at several of the larger markets. Prices jumped sud- denly from around 80 cents per 100 pounds on Northern old-crop potatoes in the Chicago carlot market, to a crease in shipments erased part gain, although the price stayed from 20 mpgg above the levels of late May. The e upswing made slower progress in Eastern sections, mo. the gain was held more firmly. General range of $1.15 to $1.50 per 100 pounds for Maine Green Mountains was from 20 to 30 producing sections had pmuuuy doubled from the low point May. Demand was moderate at the héghe! price levels of 80 to 85 cents 1 unds in Aroostook Coun po County, the market retained the gain. Heaviest supplies of new are now from North Clrol.lnl whi some days supplies about une-hxu the carlot shipments is stock sells -around $3 to $3.25 per bnrrel New York City, Baltimore and m Wi on, and top pm:eu of $3.75 Biftsbuien, " Raiher - heaty” shipmenia eavy en! from North Carolina had kept down prices of this stock at a fairly steady range, and prospects of light arrivals from vxmnn producing sections, b= ginning market season for that State, ldn‘led to the uncertainty of the price position of new-crop potatoes. Lettuce and Celery. ol DT T ype ce from New derably the first week of June. came very light and some tuxhb Te= covery was noted in quotations in one or two Eastern cities. Orange County, New York, was sending lettuce of thig type into New York City at a price range of 40 to 60 cents per crate of two dozen heads. bag r 115-bushel hamper rnore ut bmught from $1 to $1.15 in New York and Boston. General range on arrivals from Virginia in early June ‘was from 50 to 75 cents. Markets at a Glance By the Associated Press. NEW YORK, June 10.—Stocks ir- regular; utilities firm. Bonds irregu- lar; United States Governments ease.' ges, firm; sterling at new high. Cotton, higher; trade and eom- mission house buying. Sugar and cof- fee_closed. CHICAGO.—Wheat—Strong! -govern- tional. ment report sensai hfam—sceldy: field conditions favor- able. in stock. mPlus 3% in stock. nPlus 8% in stock. D Paid last year—no regular rate. PROPERTY M Apartment House MANAGEMENT Cattle—Nominally steady. Hogs—Steady, wl{; s:‘g‘ ANAGEMENT 'I‘HE organization of our Property Management De- partment means that apartment houses placed under its care have the equivalent of personal and continuous supervision. Every detail is carefully watched, every economy possible is ob- tained. You will find that it relieves you of all .incidental worries and insures the best pos- sible net return from your investment. The rate for this service is truly very nominal. B. F. SAUL CO. 925 15th St. N.W. NAr'l 2100 MORTGAGE LOANS