Evening Star Newspaper, June 18, 1933, Page 57

FINANCIAE, TREND IS STRONGER - ONBOND MARKET Domestic Group Shows Fair, Number of Advances. Reich Issues Rise. By the Associated Press. NEW YORK, June 17.—The action of the bond market today was a con- siderable improvement over its reac- tionary performance of the last few sessions Domestic corporat: groups had a gen- erally firm tene, with a fair number of sharp advances. The forejgn list was featured by wide advances®in German issues. Gains in the obligat.ons of the Reich ran to as much as 9 points cn the news that continuance of full service on the Dawes 7 per cent loan had been agreed upon between representativs of the Ger- man long-term bondholders and Dr. Schacht, head of the Reichsbank. The Dawes 7s naturally enjoyed the maxi- mum upswing. Low-priced rails, on an apparent re- | mewal of buying interest, moved up all along _the line. Some loans of Mis- | souri-Pacific, Chicago & Northwestern, New York Central, Illinois Central, Santa Fe and St. Paul climbed 1 to 3 points. | Utilities in both prime and secondary | departments gained tome ground on a moderate turnover. International Tele- phone loans were strong features of the communications group. Gacoline and crude oil price advances helped to impart a firm tone to the oil issues. and most other industrial clas- sifications were slightly higher. United Drug 5s rose 5 points on a small transfer. | United States Governments again re- Mained within a narrow price zone, with Nthe Liberty loans displaying especial firmness. lNew York Cotton By the Asscciazed Press NEW YORK, June 17.—Uncertainty Yegarding cotton acreage plans was re- flected by further evening up of com- mitments and nervous and irregular fluctuations in cotton today. October contracts, after selling. off to ©.16 at the opening, rallied to 9'30, or within 5 points of yesterday’s closing quotation, but later eased off, closing at 9.19. The final tone of the market as barely steady, at net declines of @5 to 17 points. The opening was 14 to 22 points Jower in response to relatively easy Liv- erpool cables and scattering liquida- tion Early expectations of an announce- ment from Washington with reference to acreage policies after the close to- day caused nervousness. Later it was announced that publication of the pro. gram had been postponed. July sold up to 9.06 and December to 9.45, or about 13 to 17 points above the low- est, but the market eased again under yenewed liquidation, closing within 4 to | 7 points of the bottom. The opinion was expressed in some quarters that postpcnement of the acreage announcement might possibly foreshadow some modificaticn of inten- tions with reference to processing taxes. Part of the midmorning covering or pebuying was attributed to theory. Liverpool cables were lower than due on the New York close of Friday, and the decline there was attributed to continental liquidation and scattered Bombay selling. There was little comment on the teather, which, however, was consid- ered generally favorable except for drought conditions in sections of the Southwest. The amount of cotton on shipboard awaiting clearance at the end of the week was estimated at 213,280 bales, against 88,036 last year Open. High. Low. Close. Starts 29th Year | TRUSTEES RE-ELECT SAVINGS BANK PRESIDENT. THE SUNDAY STAR, WASHINGTON, D. G, JUNE 18, 1933—PART UNITED STATES GOVERNMENT. —-1833— | High Low High 10320 9930 Lib3%s1932-47. ... 1021 101 Lib 1.: 45 1932-47. 10231 9928 Lib Ist 445183 103 3 1114 12 Lib 4th 4145193 9316 US 38 1951-56 954 US34s1946-49. 9631 1 98 974 US3%s1943-47. 9814 U S 3% s 1946-56. 9931 US4s1944-54 10714 US 4% 1947 ~—1933— High. 24 9315 JOHN C. YOST, Vho has been head of the East Wash- | ington Savings Bank for 28 years, is a | native of Washington and started in business as a contiractor. He has been & bank president longer than any other | financier in the city. Commodity Price Changes of Week McGILL, odity Service, Inc AUBURNDALE, Mass, June 17 (®).— Commodity prices during the last week | showed no disposition to halt the up- | ward movement which has continued | unabated for more than two months.| The index for all groups reached a new | high, now 20 per cent from the low last | February. Price strength was noted in the majority of industrial groups. well | illustrated by the fact that out of 14, nine advanced, three remain unchanged | and only two declined. | Industrial commodities surged up- | ward, reflecting higher prices for build- | ing materials, hides and leather. pamt‘ materials, paper and pulp, fine textiles | and vegetable oils. The bulk of the| price strength, however, took place in speculative commodities. Heavier buy ing represents not only inventory pro- tection against higher prices. but specu- lative accumulation for profit. Based on the degree of recovery in industrial activity and employment and purchas- ing power, only a part of increased | purchases are entering channels of con- | sumption or reaching the ultimate con- | sumer. i | Agricultural prices which at times | have been irregular averaged higher during the week. There is no way of determining at what level agricultural prices will stabilize, as administra- tion has not exhausted the pressure for higher prices under the farm relief bill and so-called inflationary measures. During the past week practically all of the grains advanced. as well as flaxseed. Live stock quotations, which recorded | a reactionary trend a week ago, were | higher during the week just closed. The | advance carries the index to a new | high. Cattle and sheep both averaged higher. Hides and leather continued to fea- ture all commodity markets by regis- tering the greatest proportionate ad- vance. This has been the case week | after week, and the advance now stands 89 per cent over the low of two or | ree months ago e ferrous. metals, after a broad advance, recorded a downward trend during the past week. Heavier pur- chases have rot made marked inroads in reserve stocks. Items which averaged lower were tin. silver and zinc. Coarse textiles represent the other group that was lower during the Wweek. Price declines in burlap and jute coun- teracted the advance in hemp. Fine textiles advanced to a new high Cotton has failed to maintain the up- ward price trend noted in recent weeks, | but silk has steadily advanced and wool Low. 10% Abitibi P & P 58 ‘58 80 Abram & Straus 618 25'¢ Alleghany Co 5s '44 19': Alleghan Alles hany Am Sm & Ref 5s 4 Am Sugar Ref 6s°37. 99 Am Tel & Teleg 4% 100 Am Tel & Telcltr 93 Am Tel & Tel deb 5. 215 Am Tel & Tel 536, s Am Tel & Tel 513543 4 -43 Mar 10213 1104 28 10612 Net Low. Close. Chge 10214 10215 - 2 10117 101 104 14 1062 1068 - . 109 29 10930 . Net High. Low. Close. Ches. 31, 2015 —11; 741y Am WIW & E col tr 53'34. 2215 Am Writ Pap 65'47...... 7 Antiquia TS A‘45.... 497 Argentine 58°45. . 38 Argentine 5138°62 4015 Argentine 6s A '57 41 Argentine 6s ‘59 June. Armour & Co 445 '39. 1% Armour of Del 5145 '43 76 Atch T& S Fead) 4s" 823 Atch T & S F gen 4395 80 Atch T&S Fe 4138’43 66 Atlaatic C L st és Atl Coast Line 4145 '€ 7 Atlantic Ref deb 5s'37. 6814 Australia 4333 '56. . 71' Australia 38°55.. Australia 5s'57. : AustrianTs’43.. 491, Austrian 78’5 74 B&O1st4s'4s 67 B&O4%4s"33. ' Balto & Ohlo 4% % B & Oref5sD2000... B&O6sC'95 61's B&OPLE&W Va s 55 B&OS W Div5s’s0. 65 Bangor & Aroos ¢x 41, 9014 Batavia Petroleum 4%s’4 89 Belgium €s'55. 931% Belgium 6%s ‘49 9474 Belgium 7s'55. 96 Belgium 7s'56. 101 Bell Tell (Pa) 55 B'48 10113 Bell Tell of Pa §s C '60. 3515 Berlin City Elec 6%s'51.. 35 Berlin City Elec 6%s 261 Berlin mun ext 63485 79 Beth Steel pm 55 '36 71 Beth Steel rf 5s'42. 314 Bolivia 73 '69 4 Bolivia 8547 101% Bordeaux 6s'34. 53 Boston & Maine 5567 15% Brazil 638 1926-57. 1212 Brazil Cent Ry 78'52. 16% Brazil8s'41.. 46 Bremen State 78 '3 100% BKlyn Edison is A "49 841 Brooklyn Man Tr 68 A 93 Brooklyn Un Gas 58 5/ 2415 Budapest 63 °62. 16 Buenos Aires prov 6s 79 Canada 4s'60 Canada Natl 413 4 Canada Natl 4% %, Canada Natl 4135 '68. £41; Canada Nat) 55'69 Jul 84 Canada Natl 58’69 Oct. 9412 Carad North deb 613s 963, Canad Northn deb 49 Canadfan Pacific deb 4 5313 Canadian Pacific 4%s 581, Canadian Pacific 5 9% Cent of Ga Ry con Central Pacific 58 60. 26 Certaln-teed deb 5% 6312 Chesapeake Corp 53 '47. 8774 Ches & Ohlo gn 4%s 80 C(hes& Ohio 4145 A ‘53 79 Ches & Ohto 4% s B ' 59.. 0 ‘68, o ¥ 46, 40. . 60. 54. ‘45.. 50 Cent 11l E1 & Gas 58 '51.. 6312 Cent Facific 1st rf 45°49. a8 100': Ches & Ohio con 5539 8713 Chi B&Q 11div 48°49. 78 ChiBur & Qgen 4s 68 ChiB&Q4'2sB'T 76! Chi B& Qref5s'T1 3% Chi & Eastn 11158 "] 20 Chi Great West 4s 11 ChiMStP&P 98 =7 1047 108 105 104'; 1074 10412 102 101 105 101 2874 4 25 9% REA RE7y #E%y 89 9315 94 1021 1 1001 1011y 651: 665 ™ 80 231 610 R9% 100 1011 a0 91 a0 ': Louls & Inter Paper S A "47.. Int Tel & Teleg 41 Int Tel & Tel 4158 Tel 5s Italy P U Cred: Japan 5148 °65. Japanese 6 outh 5s 50, 1 1st 45 °60. h Val cn 4s 200 grett & Mvers rev:'s 65 1941, rrillard (1) Loutsiana & Ar:5s 6 Louisville G & I 5% A 52 sh uni 4s 40 Lyons 65 '34.. McKesson & Rob dan Ry N Y en 4s Market St Ry 7s A 40 Marseilles 6s'34...... Midvale St & O 5336, Milan 63552 i M1 El R&L 1st ref 55 '61. Ml E1 R&L gn ref 55 "71.. Mo Kan & Tex 1st 45 '90 Mo Kan & Tex adj 58 '67 MoKan& TisA 'S Mo Pacific gen 4s°75. .. Mo Pacific £ 55 A 65. Mo Pacific 5s F Mo Par sG"8 Mo Pacific 5s H '8 Mo Pacific s 1 ‘81 Mo Pacitic 5%s A 1 Montana Power 3s 4 assau Flec cn gtd 4s t Dairy Prod 5%s 48 New England T 1st 5s '52. New Jer &L 41256 New South Wales is New South Wales 55 N Y Centdebds'24....... N Y Cntrf4l:s 2013 new. NY Y 34 \ Y Edison 5s B 44. N Y Edison rf 615 NYNH&Hart 4% Y N H & H clt 6340 NYNH&H 6348 972792 z Rys Inc 6 B Y Tel zen 4453 NY W& Besgen 4 Niag Share Md 5158 Nord Railways 66550 .. N'folk & W 1st con 45 '96. Norf & W div North Am 55 North Am North Ger Lloyd 6s '47 Nor Onlo Trac & Lt 65 '47 North Pacific 3s 2047 North Pacific 45 97 North Pacific 4155 2047 North Pacific 55 D 2 North Pacific 63 2047..... North St Pwr 1st 53 A "41. Nor St Pwr 1st 6s B Norway 54565 Ore Wash RR & Orient Dev il3s Orient 65 '53. Pacific Gas & B 5 Pacific T & T 1st cific Tel&Tel rf 5 Para-Fam-Lasky 6s 4 Paramount Pub > cen 4145 65 RR 475 D70 Penna 4% '63.. Penna 5s 64 Penna 6125 '36. . Penn Pwr& Lt 473381, Peru 6s 60 S5 Peru 6s ‘61 Peru 7s '3 Philadeiphia Co 5s I El Co 45 '71 . Phil & Read C& 16549, Philips Petrolm 533 '39. . Poland fs '40 Poland 7s 47 Poland 8s Port Genl Elec 414 Postal Tel & C: : Prussia 6s 52 Prussia 6348 & « Pure Oil5148" Queensland 6s°47. High H11 5474 4670 49 a4, 88 717 Net Low. Close. Chi 58 5% - 4% 401, 440, 100% 10214 100 101 9% 9% 831 8314 % Union Cart. &£C (1). IX. Stock and Bales. Dividend Rate, Sharp & Dohme. 109 Sharp & Dohme pf 6 Shattuck(FG) (24e). 237 Shell Trnsp't(53c) ... 1408 Shell Unfon Of1 580 Sheil Unlon Ol pf... 14 Simmons Co... 968 Simms Petrolm(25e) 82 Skelly Oll... Skelly O] pf ww... Sloss Shefleld Steel. ss-Shef? Steel pf. Snider Packing Socony-Vacuum. . Solv Am pf ww (5% ). So Port Ric Sug 1.60.x 159 So Port Ric S pf (8) South Cal Edison( outhern Daries A... Southern Dairies B.. Southern Pacific Southern Rafiway outhern Rallway pf 135 So Ry M&Octfs(d). 2 ‘ 708 208 Vistpt. 2-Chalfant. Spang Chalf pf Sparks-Withingto Spear & Co Spear & Co 1st pf. Spencer Kellogg (60 Sperry Corp Spicer Mfg. Spicer Mfg Dt (3).. Spiegel-May-Stern. . Standard Brands (1) Stand Com Tobacce. Stand Gas & Elec. ... Stand Gas & Elec pf. Stand C <&El pf (§). tand GasZEl pf (T) tand Invest Corp Stand Otl of Cal (1). Stand Oil Exp pf (5). and O1l Kansas. 4 tand Ol N'J (1). rrett (LS)...... Sterling Secur (A). . Sterling Secur pf. 60 Sterling Secur cv pf. . 33 Stewart Warner 218 Stone & Webster ult Studebaker Corp. Studebaker Corp pt.. 2408 Sun 01l (1) ST Sun Oi1 pf (6). 808 Superheater (50c) 8 Superior O11. Superior Steal 56 Sweets Co of Am. 22 Symington. 685 Telautograph (1). Tennessee Corp. Texas Corp (1). Tex Gulf Sulphur(1) Tex Pacific Coal&Oil. 72 Tex Pacific Land Tr. 969 Thatcher Mfg Co.... 108 Thatcher Mfg pf 3.60 THe Fair... Thermoid Co Third Avenue Third Nat Inv(h83c). Thompson (JR) (1). 13 Thompson Products. 153 Thompson Starrett.. 2572 Thompson-Staret pf. 2 Tide Water Asso Ofl, 1399 Tide Water Assoe pf. 40 Timken-Detroft Axle 1260 Timken Bearing 60c. 1036 ‘Transamerica Corp Transue & Willlams. Tri-Contl Corp. . Tri-Contl Corp pf(§) x Trico Products(2%). Truax Traer Coal. Truscon Steel. . Twin City Rap Tran. Twin Citv Rap Tr pf. 1s0s Ulen & Co .. 427 Und-Ell-Fisher(50¢) 89 Cnion Bag & Paper.. 84 1051 Un Oil of Calif (1).. 589 Union Pacifie (6).... 615 Union Pacificpf (4). 11 3 Unien Tank Car 1.20. 90 Unit Aircraft., . 4412 Unit Afreraftpf (3). 12 United Biseuit (1.60) 437 Unit Biscuit pf (7).. 150; “nited Carbon (1)...x 154 nit Corp (40¢). 5717 Unit Corp pf (3).... 219 Unit Dyewood. . Unit Dyewood pf(7). 108 Unit Electric Coal 48 Unit Fruft (2). - 2 Un't Gas&Tm (1.20). 1246 Unit Gas&Im pf (3). 6 13 1 12908 Add 00. High, 3819 1% 18% 8y 497, 1874 19 6a 16 3215 9%, 21 9 2215 25% 61 66 2% 35 01's 150965 36 8% 17 50780s 7 (Continued From Page 2.) Net Low. Close Chge S S 1 37 37 9% 10y 17 7 6% 424 "% % —1% -1% + W | High FINANCIAL. 1033- Low 14 3, 81 154 30 13 1t Stock and ES Dividend Rate >jece Dye Wk ypsum (1) sum pt (7) S Hoftman. ... U S Ind Alcohol U S Leather. . US Leather (A COE S (308). &F 1st pf1.20 Realty & Imp Rubber. . 300 Univ Leaf Tob pf(8) Univ Pictures 1st pf. Tniv Pipe & Rad.... Univ Pipe & Rad pf.. Vadsco Sal Vanadium Corp Van Raalte. Van I \an Raalte pf (sta) Va-Car Chemical Va-Car Chem Va-Car C! e, Va Elec&Pw pf (6).. s Va Iron Coal & Coke. 140s Va Iron C & C f 0s Vilean Detin Wabash RR ..... 35 Wabash pf (A)...... 24 Waldorf System..... 28 Walgreen pf (6'3) Walworth Co Ward Baking (A). Ward Baking (B). Ward Baking pf (1). Warn Bros Pictures. 13 Warner Bros Pic pf.. 12 Warner Quinian..... 107 Warren Bros. Warren Bros cv pf Warren Found & P.. 116 Webster Eisenlohr.. 32 Webster-Eisenlhr pf. 60s Wells Fargo. . 19208 Wesson O & Sn (30c)x 80 Wesson O&Snpf (4). & West Pa Elec A (7). .x 610s West Pa Elec pf (6). 410s West Pa Elec pf (7). 5908 West Pa Pwr pf (6).. 100s West Pa Pwrpf (7). 608 ern Dairy pf A.. 33 Western Dairy pf B.. 132 Western Marylend.. 471 % Western Md 2d pf... 28 19 254 37 8 51 14 47 14 24 6 50% 3414 22 7 3 2% 404 18 1% 3l 32% Ty 2% 1 T 3% 2% 2% Am Com Al..July § Dividend rates as given In the abo Western Pacific..... 6 Western Pacific pf 43 Western Union. . 1079 Westing'se Afr B(1). 189 Westingliouse Elec.. 1405 Westingt se 1st (31§) 200s Weston Elec Instru.. &7 Weston I InstA.... 1 Westvaco Chl (40c).. 47 Wheeling Steel. . 11 Wheeling Steel pt. 1 White Motor. g o White Rock M S (2). 119 White Sewing Mach. 157 White Sew Mch pf. Wileox Oil & Gas Wilcox Rich A (2% Wilson & Co. ... Wiison & Co (A) Wilson & Co pf Woolworth (2. Worthington Pump.. Worth'n Pump pf A.. Worth’n Pump pf B. . Wright Aeronautical 170s Wrigley (Wm) (3).. 36 Yale & Towne (60c).. 3 llow Truck .« 503 Yellow Truck pf 1508 Young Spr & Wire... 105 Youngstown Sh&Tr. 407 Zenith Radlo........ 49 Zonite Products..... 353 Rights. 724 | payments based on the latest quarterly ~: stock. in_ stock. : sUnit of trading less than 00 shares. e Payable in cash or stock. . in special oreferred stock aPaid last year—no regu ve tabl hi 0. High 0s 100 4 6 6814 20 49% 20 674 381, 173 32% 213 T 2% 11- d Plus 8% NEW YORK STOCK MARKETI Low. Close. Chs 2% 2% - % e are the annual cash larations. Unit Paperboard. ... 6 CONFIDENCE STRESSED el BY PLANT EXTENSION | Speclal Dispatch to The Star. CUMBERLAND, Md., June 17.—As, further evidence of business gains at the plant of the Celanese Corporation | of America, near Creasaptown, the com- pany has awarded a contract for a con- | crete and tile addition to a reclamation building. to cost about $40,000, to | Hughes-Foulkrod Co.,, Philadelphia } Work will start immediately. It is in- timated that the present force num bering 4,500, will be increased to 5,000 soon. The Frostburg Shirt Factory, which { has been closed four months, is to re- | | open Monday on a full-time basis. Conditions support a rumor that the | railroads will take on more men due to i increased business. An official stated | that the local freight handled by one rices averaged moderately higher. i P Jegetable oil prices jumped upward | | quite sharply, due largely to higher quo- e »>» HE CAN “TAKE IT" [ TaaT in four words is the Staunton cadet. That's why he succeeds in college and life. Strengthen your boy's fibre and develop his mind by sending him to Staunton. 200 other fathers of this vicinity have sent their boys to this famous Southern school. Ask for detailed information. The Headmaster, s Staunton, Va. STAUNTON MILITARY ACADEMY Known and respected the world around An Overlooked RAIL BARGAIN Among the attractive stocks analyzed in the June 21st issue of The Financial World we call particular at- |tention to an exceptional opportunity among the rails. This particular stock ‘has not advanced in pro- portion to other rails. On the basis of past earnings and dividend records as well as on future prospects, this rail, now selling between 15 % ChiM St P& P ad) 2 Queensland - « 95 925, U5 Chi & No Wn 4135 2037... 3 k. Rend % a8 ¢ Chi & No Wn 4135 C 2037, i B Reo 4 St 8752 38 tations for linseed oil = 412 Chi& Nwn 4%5'49. 5 2 414 Y 2 The three groups that remained un- 5% CHiE Nenlaiias. .. $ 2 changed during the week were chemi- 400 GBIl avatist Ghias. i cals. fuels and ferrous metals 19 ChiR1& Pacref ds’34... Most important price changes in the 185 ChIR14%s" oy McGill weekly price index—1926 equal- g bl ankog ling 100—were as follows o e Battena e This Previous Chicago Un Sta 5863 week 7n Station 6% s ‘63 All commodities......... 53.2 Chi & West Ind con 48 ' Industrial “hi& West Ind 515862 Childs Co deb 5543 FERTILIZER GROUP T0 OPEN SESSION Wanufacturers Will Discuss Prob- lems at White Sulphur Springs Convention Tomorrow. WHITE SULPHUR SPRINGS W. Va. ies Chile 6360 avs June 17—Leaders of the fertilizer in- ' pre SN0, tner : TR cetelt dustry from all sections of the country y.oct bi® of) i 5 47n Chile 63 Jan will arrive tomorrow for the ninth an- Chile < Sept *61. . nual convention of the National Fer- Chile Copper deb 55 47, S lcanins tilizer Association, which begins Mon- 615 Chile Mtg Bk 65 '61. 15 : S - flay and continues through Wednesday 7'¢ Chile Mtg Bank 6145°57.. ¢ . SUPKCSL 1st 4% “There has been an increasc in the 91, Chile Mtg Bank 6%s°36.. Sio PavioBtate Tati0. ®otal tonnage of fertilizer sold this vear, *n Term bs 202 & S26 Pavlo.fs 50 ®especially in the South, as compared to By the Associated Press IC&StLf4%sE'T S 2932.” says Charles J. Brand, executive NEW YORK. June 17.—Stoc! CCC&StL5sD. secretary and treasurer, and now market quict. Bonds firm: Germa v 54 Cleveland Term is B'73.. | railroad here so far this year has co-administrator of the agricultural ad nents strong. Curb firm: special 607, Cleveland Terminab 'y 2 § h E ; —31; equaled the total handled during 1932. Justment act, “but prices t ) exchar asy 16'¢ Colombia 6’61 Jan . B 217 > . T . . N | e O MANclec during 1942 jowest on record and much ess sags © : : Colombi- 35 '61. Oct Construction Money Available has been done at a ower ¢ aleniC 65 i 3 sl % son fertilizer manufac i 0lo & S | eVe, ire now in position to_consider national ery a Northwest. Corn olumbia G & | o | years to pav. No remewal commissions. the last m 1av e attle noi 51}\ 'nm(n_v I?\“!\;V‘;:"(v e L 7 4 1, | First mortgages only. t work drafting a code of lower; top, $4.65 “on Coal (M4 5550, 2 ] v Ol 5158739, ... 7615 —25, Sition which Wil be presented at “ons Gas N Y 412s'51.... 96u 1{Hern Be1l T&T b3 41, = ‘_‘ Address Box 183-R, Star Office convention for discussion, possible “onsol Gas 55°37. ....... 102% Sou'west Bell Tel 55 A ‘54 wision and ratification “ons Gas N Y db 533845 South Pacific col 4549, .. “During the year further pro “openhagen b8 South Pacific ref 4s *55. been made in obtaining unifc h Pacific 4125 '68. gions governing the sale of fertilizer in South Pacif 4345 "6 ww warious States. In certain importan South Pacific 4155 ‘81 gespects these regulations now are al South Pac Ore 4155 'T7 ost uniform in all except three States.” July 17. | Southern Ry gen 45 A ¢ HOW IS BU Showing Current Business Activity Compared With Same Week a Year Ago. A Job For You? Few men have the qualifications that make a life insurance man. record of success, abilit hard and intelligently. 2 sta; the ¢ w like o you have the other necessary qualifications, write for an interview. stating your age. marital and business connections. nelbe Unfon 7s '46. Rhine Ruhr 6s ' 1037 10313 112 nde Do Sul 65 68 . nd West 4s col "¢9 t1Ark& L mania 78 °59........ LIM&SR&G4s'33 g SF 43 A Continuous ™ ividends for 53 yrs. 105 yrs. 81 yrs. 9 yr 59 ys. 39 yrs. 58 yrs. 58 75, 110 5. as Investment Bargains These and other high grade Securities can be purchased through us on outright conserva- tive margin or monthly payment 1st Mortgage Funds by Residential and business properties. Special Analysis on Request Preference given to applications by | | REEVE HOOVER | | Robert C. Jones & Co. 816 15th St. N.W. NA. 7353 We Recomme: Chase Bank .... Chemical Bk. & Ti Irving Trust ........ National City Bank . Aetna Fire Ins. . Hanover Fire Ins. North River Ins. . | heat wave | feed of rai Hogs, 5al0 & I her steady Orders Assets Sold. INGTON. Del.. June 17 Chancellor J. O. Wolcott vesterd: dered all assets of the Appalachian Gas | Corporation to be sold in bulk for not 10 less than $25,000. He set the sale for | 99 £8 . 105% 1041, 10 . 691, 6 467, 4 ss has WI ) Cuba North 5%8'42. .. Czechoslovakia §s'51 Del & Hud ref 4543 %1, Denmark 414562 59 Denmark 53438 '55. Denmark 6s"42.... . Den & Rio Grande en 4s. G West s’ n& RG Westret b Diet Edison ref 5 South Ry 614 and OiIl N J - Stand OII N Y 4= jebaker Co Sweden 5 las Switzeriand & : 2 Ten Duquesne 41;s B . 108% + ] Te Dutch East Indles 63°47.. 1091, 10814 1081, - 43¢ Texas Pacific 55 C 79. 10812 10815 3 36 Third Ave 1st ref 4560, s Third Ave adj inc 5s°60 Tob Prod N J 634 20: IF YOU HAVE ok 534261 DEPENDENTS {and 20, is an outstanding ErercrReis 4T 4914 1 : L : 5 N | bargain. Be sure to read L Flat 7546 war nfon EI L & P U Whose future you want to safeguard, [ our coming analysis. You 41y inland 7s '50. fic 1st 4547, . . Hees ST P 5" Fiek Rubber 43°41 “nion Pacific 43 68, there is no better means than to in- will be in time for this valu- Louv] Aus [serr ot | mov 1932 e con 45°96. . rie gen 4x 9. GENFRAL | New York City. { of the previous year BUSINESS ACTIVITY for the countrs Shaded areas show weeks of activity above the corresponding weeks PBlack areas indicate deciines from sime weeks 12 months earlier. indicated by Bank Debits outside ACTIVITY BY FEDERAL RESERVE DISTRICTS, Check Transactions compared with the same week a vear aco. Bogt: T New Y. adeiplia 1.4 eapoils LEADING B. Showing Trend of rancisco AROMETERS wportant faciors. % Change Present trend. ficm sear ago i Flor East Coast 587 French 78'49. .. vench 713s 41 ielsenkirchen 65 34 eel Cast 518 4 Zq 6% 40 erman Bank 6s Ger Cnt Ag Bk 65 July er Cnt Ag Bk 68 Oct n K168 48 ¢ German Gen El 745 30 nan Gov 5%s ‘65 3%y German Rep 78 '49. GGood Hope S&IW Ts " 68 Goodyear Rubber 931, Grand Trunk 65°3 ans, a7 19 eat Nor gen 5%4s B 45'¢ Great Nor gen 36. 7': Hadson Coal §8°62. . 14'« HHudson & Man adj 5s “nion Pac Istrf 4s 2008.. nited Drug 5s '53 7S Rubber 5s " 11 Pow ns 49 ww “tilitles P& L Vanadium Vienna 6 s Va Ry & Power 55'34. Virginfa Ry 1st 5s A "62 Wabash 43578 Wabash 1st 5s'39. Wabash 2d 5s '39 Wabash 6s B '76. Wabash 5s D 80, t 0 t 1 0 ( o fi 0 t i t 1 L « Wabash 53575 Walworth s A Warner Brs Pic cv 6539, Warren Bros cv 6s 41. Warsaw 7s vest in our Ter Experience First Mortgage Investments given. 6% FIRST MORTGAGES of You will establish a definite in- come, fixed in amount, supported by adequate value and relieved of all worries of re- period for which the mortgage is investment during the May be purchased in amounts from $250 up. jable study if you return “ad™ with your address and $1 for All the Following: (a) A complete analysis of two un- | usually low-priced stocks and brief analyses of 5 Stocks Behind The Market. “Beneficiaries of Inflation” snd b O\:uunding Stocks For 2» covery. Four next issues of The Financial World. June issue of “Independent Ap- praisals of Listed Stocks.” (Thi 18-page book shows earnings com- parisons, our ratings, etc., of 1350 stocks. (e) “A New Basis For Selecting Stocks.” “Time To Buy A For- tune?” and “Sound Investment Rules.” Business in dollars (ch Employment (Department of Wages (Department of Labor) Cost of living (Industrial Conf Wholesale prices (Fisher's Index . Agricultural prices (Department of Agriculture). Movement of goods (carloadings) Retail trade (Federal Reserve Board) Building contracts (F. W. Dodge) . Failures (Dun’s) Bond prices (N, Times) Stock prices (N. Y. Times)....... ... Steck market volume (shares traded) e 0 (AL rights Teserved, Gembridge Associates, Bosion.) Upward Upwa-d Upw Western Elec deb 5s 44 West Maryland 1t 485 West Maryland 51as ‘77 West Pacific is A 46 Western Union cl tr 5s 38 Western Unfon 5s'51..... West Union 53 '60. Westn Union Tel 6345 '36 Westphalia E1 P 63’53 Wilson & Co 1st 63 "41. Yokohama 6s°61.. Yo . 7R . Youngsiown S&T s B 50 2 Hudson & Man rf & p &3 100% Humble Oil deb i 37 104% + % Dovnvward 100 111 Bell Tel 1strf 5 10614 114 Upward 15 lilinois Cent rf 48 2 6974 —1%, Upward 20 Illinois Cent 43866, . Downward 66 Inland Steel 443 A < Steady € 47 Inter Rap Tran ref 63 '66. Downward 0 | 28% 12 Inter Rapid Tran6s'32... Downward 8 | 71 511 Inter Rap Trancv7s'33 Upward £3 507 Inter Cement 58°48... Upward 99.3 14, Inter Gt Nor adj 6s '52 Upward 3 | 52 24' Int Hydro Elec 68744 .. 21, 30 Inter Mer Marine 6s'41.,. B. F. SAUL CO. National 2100 925 15th St. N.W. merics’s 50-Year-Old | Investment Weokly . 53-FM Park Place New York . ~