Evening Star Newspaper, June 21, 1933, Page 12

'A—12 *x% FINANCIAL. THE EVENING STAR, WASHINGTON, D. C. WEDNESDAY, JUNE 21, 1933 NEWDC.INSURANCE " TRANSACTIONS ON THE NEW YORK Recelved by Private Wire Direet to The Star Office. BUNIINUES IU lAG e Net. I -Prev. 1933- Stock and “l‘r' | Prev. 1033— Stock and . | —prev. 1033~ .| _prev. 109 n : ‘0. High. Low. Close. Chee. | High. Low. ¥y o Ci e Lo Dividend Rate. Net. . Dividend Rate. Add 00. High. . 3 ?" 1 S 11 11 =%l 4% % Sontainer Corp (B).. 4 4 Ny 2 " Kelsey-Hayes (A). 39 Adams Express pf. 70 ;I;\ fl.‘ 1;:: 3 goml Baking (A). 2! i 314 Kelvinator i 1749 et ‘ontl Bakin Marked Improvement Shown 3 eermie o gits = | ez 36 2 H 9% 1% Adv Rumley " &+ % 60% in U. S. Total as Drop 11% 7% Affiliated Prod(60¢). 9% 9 9% — %N 14% Fi 85% 473 Alr Redustion (3) 68 29% . 1034 Contl Insur (1.20)... Diminish A 13 Alrway Elec Appl. . . 15% 4% Contl Ofl (Del) . iminishes. 24% 11% Alaska Juneau(§0c). 78 78% 45% Corn Products (3)... 18 75% 73% 5 7% Alleghany Corp..... 3 4 190s 1333 133 11% 1 Alleg Corp pf $30ww b . . 21 6% BY EDWARD C. STONE. 10% 1% Alleg Cp pf $30 xw.. 28 Creamof Wht t2%.. 28 37 122% 70% Allied Chem & D ¢ 2% Crosley Radlo....... 4 New life insurance written in Wash- | 1217 115 = Allled Chem pf (7). 14% Crown Cork & Seal. .; i s E 24% Crown C&S pf (2.70). ington during May was 17 per cent| 211 6 Allis-Chalmers Mfg. 4% Crown hn“b‘c.fl’_ Lehigh Valley R R. 4 l': Savage Arms........ market did not get into its stride until below the same month last year, ac- zg“ 5: Port Cement. 4 - - o Cribeieiea Lehman Corp (2.40).. Schulte Retail Stores the last hour of business. Then it cording to a dispatch recelved from, gos 181 Amerads Corp (2) % Cuha Co. Lehn & Fink (2). 28 Scott Paper (1.40) — % broadened out, and the ticker, which Hartford, Conn, this noon. For the| 20% 74 Am Ag Chem (Del). 1% Cuban-Am Sugar.... Libbey Owens Glass. 29% 28% % Seaboard Afr Li had reeled off only 2,600,000 shares country as a whole new insurance was| 25% 8 Am Bank Note, 10 cuban-Am Sugar pf. Liss 2 MyeraB (15). 28 1™ Seaboard At Line bt 1| 102 oclock, tan several minutes be- udahy Packing 2% . ily Tulip Cup (1%). r . - losing. e e e e | e At naec mipiuur &4 Curtls Publishing. Litna Locomotive ; 12% Sears Roebuck — | There was tremendous activity in the ;,n;:m wfifififm.f‘éfl :m,cl;h; él,?' 32% 9% Am Brake ShaF 60c. l!l) guru- Publishing pf. 9 ll:llnk ’1;.11 (40¢). 1% - %] :‘:ln nocu g‘.‘t meapmdon éhe cfimwu" evi- a - 3 1 Curtiss-Wright... qu! - % luction ing con- :fxs;ce ;,,'f.,‘.'."’“"ig"a'zm’-p‘fi my y:v‘:.' gg;/: ‘;3 :: g:::l:'o . 21 24% 23% 6% 2 Curtiss-Wright (A).. Loew’s Inc (1). trolled and that prices are definitely ot s dochaed o compare !lvgrmbly 42% 15 AmCar&Foundrypf. 5 40 39 8% 4% Cutler Hammer. .... Loews Inc pf (834) Sharon Steel Hoop. + % | on the advance. New high prices were 1 LoftIne........ Sharp & Dohme o +1 |established in Standard Ofl of New with the sha ains which have been | 48% 34 Am Chicle (13). 1% Davega Stores. e = Wi Sho p sy i el ki resyomyarlaaly 5% Long Bell Lumb(A) .. Sharp & Dohme pf(2) +1% | Jersey, Socony-Vacuum and Houston ) wetll "l Aleohol.. 127 34% 324 ¢ Loose-Wiles Bis (2). 5% Shattuck(FG) (24e). | Oll. in which the gains ranged from du%?dg'gfr:‘;r:oan'fihsmlly interest- | S 1 A S ;:fi:-; 3 5% b4 I O - 11% Shell Trnsp't(53c)... 1 to 4 points on a heavy turnover. ing. Sales for the first five months| 12% Am European Secur. 1 11% 1% g:}:}::lg“ 4 Shell Union Of1 | Motors Improve. of 1933 were 22 per cent under the Am & Forelgn Pwr.. 291 17% 16 Tou Gas&El A (1% . 9 SN Ox [ o o S s same period a year ago. The average % Am & For Pw pf (7). 2 36% 35% . mmons | shown a tendency to react it 4 Loutsvil ) for May is so_much better than the Ama&For Pw2dpf.. 4 22 21% Eoaiem Sthelo s o up in this movement, and made mod- INVIGOROUS RALLY Tremendous Activity Centers in Oil Shares as Day Ends With Rush. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK. June 21.—Today's stook 62% 60 Reynolds Tob (3). 46 3614 Reynolds Tob B (3) 54 Kresge (S8). £l % Richfleld Ofl........ 32% 14' Kroger Grocery 10% 2 Rossia Ins of Amer.. 28% 17% Royal Duteh (80%¢). 80 60 Kinney (G R) Co. s erseeE wEs 4—0*§ +1+ 2erir Fuss 253 80% Safeway Str pf (T). Len Port Cmt pf 3%. 6% St Joseph Lead...... Lehigh Vailey Coal.. 10 % St L-San Franciaco. Lehigh Val Coal pf. y 1 StL-SanFranof.... Fhbt LA b4t T+ L 7 | 4 9 & Del Lack & Westn. .. Detroit Edison (4)... Diamond Match (1). Diamond Mach pf 1% DomeMines(t1.55). . FAt E2rP2E report for the five months that a real upturn is clearly indicated. This was Am Hide & Leathe true in April as well as in May in every section of the United States. The report also shows that seven AmIceCo.......... States did a better business than in May, 1932, this being a new develop- | ment. Virginia did the best business of any State in the Fifth Federal Reserve district, off but 8 per cent, 2 per cent | above the national average. Maryland | made a good showing, new policies being only 12 per cent under the busi- | ness in l\{‘fly, 1932. South Cll’o\inNa rer;‘ ported the same percentage. Nortl Carolina was off 18 per cent and West | Am P&L $6 pf (1%). Virginia 22 per cent. Utah again stood at the top of the list with a 4 per cent gain and Nevada | brought up the rear with a loss of 73 per cent in new business. The other States having increases were New]ger- en- sey, Ohio, Missouri, Delaware, tucky and Oregon. ‘Washington ~wrote $3,998,000 new iness, Maryland, $6,709,000; Virginia, $5,539,000; West Virginia, S!,lflm North Carolina, $5,228,000, and farolina, $2,478,000, during May. Thompson Heads Exchanges. ‘The annual meeting of the Associated Stock Exchanges, held in Chicago Mon- day, was confined to routine association matters. Officers elected for the com- ing year are: President, Eugene E. Thompson, Washington, D. C.. vice esident, Willlam M. Louderman, St. uis, Mo.; secretary-treasurer, Clark C. Wickey, Detroit, Mich. The board of governors, consisting of one, representative from each mem- ber exchange, is as follows: Buffalo, Roland L. O'Brian; Cincinnati, Willis D. Gradison; Cleveland, J. P. Drach; Detroit, Clark C. Wickey; Hartford, Los Angel Eugene Ballard; Floyd E. Sanfore mund B. Glenny; Philadelphia, Frank 3 Pittsburgh, Claude F. Pugh; St. Louis, William M. Louder- ma! San Francisco Curb, Rollo C. Wheeler; San Prancisco Stock, Albert L. Ehrman, and Washington, Eugene E. Thompson. Mr. Thom , who has been re- elected president, was one of the lead- ers in organizing the association sev- eral years ago. He has an investment office in the Shoreham Building and was formerly senior partner in Crane, Am La Fr & Fom pf. Am Lacomotive. Am Locomotive pf. Am Mach & Metal: Am Metal Co. . Am News (1%). Am Radiator. . Am Rolling M1l Am Seating. Am Ship & Com. Am Shipbuilding 49 Am Tobacco (5) 10% Am Water Works(1) % Am Writ Papgr ctfs. % Am Writ Paper pf 2% Am Zinc & Lead. 20 Am Zinc & Lead pf 5 Anaconda Copper. 8% Anchor Cap (808). 7 Armour of Ill pf 1% Arnold Constab! % Associated Appa: 3% Asso Dry Goods. 34% Atchison. ... Am Hide & Leath pf. 5 Am Home Prod (3).. Am International... Am La France&Fom. Am Mach&Fdy(30c). Am Power & Light. . Am P&L 85 pf (1%). Am Safety Rasor (3) 50% am Tobaceo (B) (5). 107 Am Tobacco pf (8).. 10 Am Type Farspf. ... 9% Am Wat Wks ctfs(1) 9% Archer-Daniels (1).. Curb, 41 Armour of Del pf(7). 1% Armour of Tll (A)... 12% Atlantic Refining(1). 9 Atlas Powder....... 60 Atlas Powder pf (6). 55 30 18% 208 26 79 14% 7 3% 6 384w 9 16% Am Haw Stship (1) 1% 1% 1% 26 134 30% 36% 15% 18% 344 4% 1 10s 105% 106% 1064 + % 21 19% 18% 18% -1 2 46% 46% 46% — U 60 67 1 108 2 15% 64 108 16% 67 +14% 108 +1 15% — % 188 128% lg&‘i |2s7‘fi + % 48 34 33 13% 24 B1% 3% 66% 66 46% 29% 2% 708 78% 4 6% 65% ~ 3% 65% 63% 431 275 27% 77 61 62% + % +1 +1% -1 EEF ¥ 28 9% + 5% — 3% 59% + 6% + 3% — 1% +1% 65% + % 65% —1% 45% +1 28% +1% 27% —3% 8% +1% 6% — U 644 + % FEFE FE EFEE Dominion Stores 1.20 Doug Afrcraft (75¢). Dresser (SR) Mg (B) Drug Inc (3)........ Duluth S S & Atl Dunhill Internatl. Duplan Silk (1)..... Dupont de Nem (2).. Duquesite Lt 1st (5). 16 9% Durham Hosiery pf.. SZ% 1% Eastern Roll Mills 46 Eastman Kodak (3).. 3% Eaton Mfg Co. . . % Eitington-Schild 10 Elec Auto-Lite. ..... 78% Elec Auto Lite pf(7). 1 Electric Boat. . 1 Elec & Musical Inatr. 3% Elec Pwr&Lt....... 614 Elec Pwr&Lt $6 pf. .. 21 Elec Storage Bat (2). % Elk Horn Coal. . % Elk Horn Coal pf.... 26 Endicott Johnson(3). 15 EngPSwwikh%... 64 Eqaitable Of Bld(1).. 3% ErieRR. . 4% Erle RR 1stpf.. 2% Erie R R 2d pf. 3 Eureka Va Clea % Evans Auto Pro 1 Fairbanks Co®f. . 2% Fairbanks Co pf ctfs 10 Fairbanks-Morse pf. % Fashion Park Asso 3 Fashion Park As pf % Federal Mot Truck % Federal Screw Wks. , 1% Fed Water Service A 7% Fed'd Dep Stra(60e) . x 10% Fidelity-Phoen 1.20.. 81 Filene's Sons pf 6%.. 9% Firestome TaR(40¢). 43 First Nat Strs (2%). 80 Florsheim pf (6).... 4% Foster-Wheeler. 3214 Foster Wheeler pf... 2 Foundation Co. . . 13% Fourth N Inv (h95c) . % Fox Film (A)....... 12 Franklin Simon pf(7). 16% Freeport-Texas (2).. 97 Freeport-Tex pf (6). 4 Fuller Co 2d pf 1 Gabriel Co (A) 614 Gamewell Co. . 2% Gen Am Investor: 13% Gen Am Trans (1)... 4% (en Asphalt. 13 Gen Baking (1)... 24 Gen Bronze 1+1+4+ + SEREL @ FETErEL bl ECE L Rk FFEF FEF FFFEEFFEE S + Ludlum Steel pf..... 9% McAnd&Forb(1.60). 13 McCall Corpn (2).... McCrory Stores A 1% McCrory Stores B. .. 21 McCrory Stores pf... 3 McGraw Hill Pub 18 McIntyre P M(+1%). 44% McKeesport T P (4). 1% McKesson & Robbins 1 McLellan Stoi 2! McLellan Stores pf 1313 Mack Trucks (1). 24'% Macy (RH) &Co (2). Madison Sq Garden Mallison & Co. .. Mallison & Co pf. 4 Manati Sugar Manati Sugar pf. Mandel Bros... Manhat Elev mod gtd Maracaibo Ofl Exp. . Marine Midl'd (40c). Market Street Ry.... Marlin-Rock (1). Marmon Motor Car. Marshall Field & Co. Mathieson Alk (1%). May Dept Stores (1). Maytag Co... Maytag pf ww. Mengel Co. .. Mengel Co pf. Mesta Machine(60¢). Miami Copper. .. . Mid Continent Petm. Midiand Steel Prod Minn Moline Pow. Monsanto Ch (1%) Montgomery War Morrell (J) & Co (2). 5 Morris & Essex (3%) Mother Lode. ....... Motor Meter G & El. Motor Products. . Motor Wheel. Mullins Mfg. Mullins Mfg pf. Munsingwear Inc Mrray Corp.... Ll +++ EFER RESEF + 4+ Lt b | ] F FRELEFET FEEEFEEELST | Solv Am pf ww(53%). So Port Ric Sug 1.60. South Cal Edison(2). Southern Daries A . Southern Railway pf Spalding(AG)1st pf. Spang-Chalfant. . Spencer Kellogg(60c) Sperry Corp. . Spicer Mfg pf (3)... 1 Spiegel-May-Stern. . 3% Standard Brands (1). Stand Brands pf (7). Stand Com Tobaces. . 5% Stand Gas & Blec.... 8% Stand Ges & Elee pf.. 20 Stand Gas&El pf (7). 92% Stand Oil Exp pf (). 12% Stand Oll Kansas. 22% Stand OIINJ (1).... 4 Starrett (LS).. % Sterling Secur (A). 115 Sterling Secur pf. 20 Sterling Secur cv pf. 2% Stewart Warner. . 5% Stone & Webster. 1% Studebaker Corp.... 9 Studebaker Corp pf. 36 SunOil (1). 8 SunOflpf (¢ % Superior Ofl 2 Superior Steel. 1 SweetsCoof Am. % Symington. .. % Symington (A). 15 8% Telautograph (1) 1% Tennessee Corp. B Thatcher Mfg Co. 1 Thermoid Co. 10 Third Nat Inv(h85e). 5% Thompson Products. 1% Thompson Starrett. . 12 Thompson-Staret pf. 3% Tide Water Asso Oll. 1% Timken-Detroit Axle ¥4 F&a I+ ¥ LI+ ++ ° 1+ FEE FF FEEFF T L4+ there was an advance in wheat of 2 2!z cents, with the December itly sterling added to the % Austin Nichols . Parris & Co. % 3 5% Aviation Corp (Del). 12% 12% 12% Knowledge Galore on New Law. An exceptionally good example of teamwork in the Washington financial 4% +1% @ 1% Gen Cable. 13% Timken Bearing 60c. 614 Gen Cable pf. 29 GenCigar (4)p.... 3% Baldwin Locomot. 1 10% 104 — % e S Eean s 9% Baldwin Locomot pf. 32 3% 32 + % e district has just been stressed by Frank B D imanrc Omia" 184 23 2214 29% 5 w| 38% 21 GenFoods (160). P. Morse, prsmmn:';&'-h‘ W"hm'_ m‘*’“ 9% Bll'.lmouhohlu)vf. 18 2% 2% 284 +1u . . qui 20 Bang & Aroost (2)... % 321 amount of knowledge regarding the new 68% Bang & Aroos pf (7). 9% 9 securities law has been spread all over % 7arker Bros. 51 6% & the District of Columbia’ and far be- 21 21 nd boun: les. ,osomebody suggested that the new 2 ,g:: ,::: 2 Gen Public Service 5 securities act ought to be explained In Beatrice Creamery. . 23% 20% i U Nat Supply of Z'%| 244 5% Union Bag & Paper. ii(e::& o dulz;s muez angle:lb mré Beech-Nut Pkg (3). 68% 65% o] G::Rult;tuul'nl. 8 + | 41% 1:& gflon&rbbcu). ‘American Security & Trust Co. fur- e - iiind 215 Gen Refractories. ... et 8 - e S i nished the meeting place and Paul V. Best&Co.......... 9% Gillette Saf Ras (1). R 1 | 177 56 Unton pacile pe (4r." Keyser, counsel for the Investment Bethlehem Ste 5}2 g‘,"“;:} :’"- 3 % y T | 22% 10% Usien Tank Car 1.20 Bankers' Association, discussed all the Bethlehem Steel pf.. § = m:: oen. c“:”’ b —1%| 36% 16% Unit Afrcraft. vital points in the bill to the edifica- Bigelow-Sanford. ... 48 Glidden Co pr b + % 133 United Biseuit tion of a large gathering, as reported 15 Blaw Knox. . % 6 3 Gohel (Adolt) 27%-10% United Carbon (1) in the financial press. Blumenthal pf 0 u:/. g::: gom utoe'). T ‘orp pf (3) Nat Cash Reg (A), Nat Dairy Prod 1.20.. Nat Dept Stores. Nat Dept Strs 1st pf. AR FEFEFF F OFF 2% Tri-Contl Corp. 41 Tri-Contl Corp pf(§). 20% Trico Products(23%). % Gen Gas & Elec (A).. Nat Pwr & Lt (1) . Nat Ry M pf. -%| 15 5% Twin City Rap Tr pf. Nat Ry Mex 24 pf. Nat Steel (1). + % 6% % Ulen & Co.... Nat Supply Ce. +1 32% 9% Und-Ell-Fisher (5 " 10 Gen Motors (1) 1% 65% Gen Motors pf (§). 3% Gen Printing Ink 14+ Requests for stenographic copies of the talk flooded the Bond Club presi- dent’s office. They soon gave out but President Robert V. Fleming of the Bohn Aluminum (1). Borden Co (1.60) . Borg Warner Botany Con Mi Riggs National came to the rescue by Briggs Mfg Co.. having a large number of extra copies printed and sent to the Bond Club. & few still are available. Already, how- ever, members of the Bond Club and their financial associates have become authorities on the securities law and very learned discussions are heard daily in Washington's Wall Street. Bank Examiner With Johnston. Frederick G. MacDonald has become associated with the investment firm of James M. Johnston & Co. Mr. Mac- Briggs & Strat (1) Bklyn&Queens pf(6) Bklyn Union Gas (5) Brown Shoe (3). Brunswick-Ball Bruns Term & R Bucyrus-Erle Budd (EG) Mfg Donald was with the Treasury Depart- 5 Budd Wh ment for 6!, years as a National Bank Bullard Co...... examiner, two years of this time in and around New York City and the remain- ing 4'; years around Buffalo Rochester, N. Y. He resigned from this position to become associated with the Burns Bros (B). and Bush Terminal Butte Copper & Butte & Superior. 1 First National Old Colony Corporation 81 Byers (A M).. and established and had charge of its office in Rochester. He was associated with the First National Old Colony for 2% years, resigning to take a similar position’ with the Manufacturers & Traders'’ Trust Co. of Buffalo, repre- senting it in and around Rochester. Mr. MacDonald is well known in Wash- ington, as he formerly lived here and is a member of the District Bar Associa- | tion. 7% Canada Dry G A (1). 7% Canadian Pacifle. ... 4% Capital Admin (A).. 30% Case (JI) Co... 41 Case (J 1) pf (4) 4% Celanese Corp. Closed Banks and Tax Payments. 1 Celotex Co.. The Internal Revenue Bureau has is- sued a Treasury decision providing for % Celotex vte. 13 Celotex pf. extension of time for payment on taxes 14 Cent Aguirre Yeu or installments as permitted under the 2 Century Rib Mills. revenue act of 1932 Under the provi- sion of the act, income-tax payments 1 Certain-teed Prod. .. 5% Cerro de Pasce. . may be postponed for period Of siX| 25 4 Certam-teed pf... Bklyn Manhat Tran.. Bklyn Man Tr pf (6). Bklyn & Queens. ... Bucyrus-Erfe cv Df‘: Budd (EG) Mfg pt.. Burr Add Mach (40¢) . 7% California Packing. . % Callahan Zinc & Ld.. 2 Calumet & Hecla.... 515 Caterpillar Tractor.. 2 26% 231% 2 251 2214 25% — 23% + ¥ 1% % + 19% + 164 — 10 28 + % 39 30 +1 86 +ou| Gy 8% — %/ 108 58 9% Goodyear Tire&Rub. 27% Goody'r T&R 1st (2). 7% Gotham Si)k Hoslery 41 Gotham 8 H pf (7) 1 Graham-Paig 3% Granby Consol. 3% Grand Union ctfs 22% Grand Union pf (3).. 15% Grant (W T) (1) 4% Great Northern pf... 5% Great Northern Ore. . 7 Great West Sugar... 72% Great Wn Sug pf(7). % Grigsby Grunow. 3% Guantanamo Sugar. . 5 Guantanamo Sug p! 6% Gulf States Steel. . Hacken Wat pf A 1% Hahn Dept Stores. . . Hahn Dept Stores pf. Hall W F Printing. Hanna pf (7). . . Harbison & Walker. . Hartman Corp (A).. Hartman Corp (B) Hat Corp (A) Hat Corp pf. . Helme (GW) (17)... Hercules Powder 1% Hercules Pow pf (7). 85% 10% Holland Furnace. . 8% —1% z}g“ Hollander Sons Homestake M(110) Houdalille-Hersh(B). Houston Ol Houston O] (new) Howe Sound (40c)... Hudson Manhattan. . 17% Noranda (h50c). .. 1 Norfolk Southern 111% Norfolk & West (3) 4 North Am Aviatio 15% North Am (b8 %stk). 32 North Amer pf (3). 9% Northern Pacific. 1% Norwalk Tire & Rub. 4% Ohifo O11. 1% Oliver Farm Equip. 3% Oliver FEqprpf A 1% Omnibns Corp. 931 Otis Elev pf (6) 1% Otis Steel. ... 21 Otis Steel pr pf. 31% Owens I11 Gl 1 Pacific Coast 2d pf. 20 Pacific Gas & EI (2) 25% Pacific Lighting (3) 5% Panhandle P & R pf.. % Par-Publix cts. 6 Park & Tilford. % Park Utah.. % Parmelee Transport.. % Patha Exchange 1% Pathe Exchangs 5%, Patino Minez. % Peerless Motor Car. 25% Penick & Ford (1) 19% Penney (J C) (1.10). % Penn Coal & Coke. ..; % Penn Dixie Cement. 4% Penn Dixie Cmt pf. £ +o++ 1+ + - {18 el sy UG % Unit Dyewood. . 28% Unit Dyewood pf(7). ubber 18t pf. .. Smtg & Ret (1), Steel. gacadqacaaad BeRBERBNNR % ul 112 96 Univ Leaf Tob pt(3). % % "nivPipe & Rad.... 1413 4 Univ Pipe & Rad pf. 8% 1% Utll Pwr& Lt (A)... % Vadsco Sales Corp... 7% Vanadium Corp. 1% Van Raalte..... % Va-Car Chemical.... 3% Va-Car Chem §% b 3 65% Va Elec&Pw pf (6).. 408 12% Vulcan Detinning... 260: 57 Vulcan Detin pf (7). 10s 1% Wabash pf (A) . 15 Walgreen pf (§%4)... % Walworth Co. 2% Ward Baking (A)... . 60 26% . 18308 6% 14% Van Raalte pf (sta).. 20s 30 21 7th St. & Indiana Ave. NW. LOAN 70th series of stock now open for subscription. 3 Continuous We Recommend p; ;i dends for Chase Bank ... 53 yra, Chemical Bk. & Tr. . 1085 yrs. Irving Trust ... 81 yrs, National City Bank. 79 yrs. Aetas Fire Ins. . . 50 yrs. Hanever Fire Ins. . 79 yrs. Hartford Fire Ins. . Home Insurance Co. ... 58 yrs. North River Ins. .... . 110 yrs. as Investment Bargains Penna RR (60c)..... months, provided application for exten- | 1% 24% hes & Onio (23) E 13% sion is filed previous to the due date of 147 Chesapeake c.,‘f, ) A r:::::: ::;‘og‘c:’ . i an Poopl.edl m-finl ®). the tax. Treasury regulations permits 1% Chi Great Western. . At 3% ere Marque waiver of this application requirement 214 Chi Great Westn pf 8 Pere Marquette prp where taxes were paid with checks on 1 Chi Mil St P & Pac. 8% Illirols Central..... 6% Pot MilK.........000 closed banks, which checks were re- 115 Chi Mil StP & Pae pt. Indian Motor Cycle. . . % 4% Petrol Corp of Am. turned not_honored due to the bank 1% Chi & Northwestern. % 1% Indian Refining. 44 Pheips Dodge. ... .. holidey ~Where payments were ex- | 2 Chi & Northwest pf.. £ 24 Industrial Rayon(3), 2 Phila Rapid Transit. tended due to the closed bank situa- 24 Chi I'neumatie Tool. . 19% Ingersoll-Rand(1%). 5% Ph Rapid Transit pf. tion the extension may be permitted 51 Chi Pneu Tool pf. 12 Inland Ste i3 S ; 8 2% Phila& Read C&1.. under the six-month provision of the 2" Chi Rock 1 & Pae. . % 2 Inspiration Copp y 8 Philip Morris&Co(1) act if a taxpayer makes a showing that 2% Chi R 1 & Pae 6% pf. i 1% Insuranshrs Del 16¢c. 4% Phillips Petroleum. . he is unable to meet the tax because 3% ChiR | & Pac 7% . 1% Insuranshares (Md) 1% Phoenix Hoslery. of the closing of the banks. 6% Chi Yellow Cab (1).. i §n:erbon:lRR‘ph':nnl s ’;: Plerce OIl. ntercon er... 3 Heavy Trading on Exchange. Chick Cot O1l (h50c). ubber. 2% 2% Interlake Iron. . ‘The lull in trading on the New Yark| % Ward Baking (B).. 1 Warn Bros Pictures. % Warner Quinl: Warren Bros, Warren Bros cv pf Warren Found & P... Wells Fargo...!...} Wesson O & Sn (50¢c) West Pa Elec A (7)., West Pa Elec pf (6). West Pa Elec pf (7). | + through us on outright, conserva- tive margin, or monthly payntent FFF EE FREFEERFE ¥ ++ Special Analysis on Request [ Robert C. Jones & Co. | Int Agriculture. Btock Exchange today seemed to give a | boost to business on the Washingtoa | Exchange, at least business here was much more active, The market opened with Potomac | Electric Power 6s moving at Wi 107%. | ington Gas 5s. 1960, came out at | 73% Coca-Cola (6) . and closed at 104, while Wash-| 4714 44 Coca-Cola (A) (3) 3 ington Railway & Electric 4s registered v 7 Colgate-Palm-Peet. . sales at 87 and 87* Washington Gas 5s, 1958, came out at | 86!, and sold later at 871;. Georgetown | Gas Light 5s also appeared on board, two $500 bonds selling at 108%%. | The sales in the other bonds were of | good sized amounts 3 Collins & Alkman 5% Colonial Beacon Oil 315 Colo Fuel & Iron. the 0 16 Colo Fuel & Iron pf.. 15% Colorado & Southern 125 Colo & South 1st pf.. ity lce&Fuel pf 6%. 9 Columb G&EI(b80c). Int Agriculture pf. Int Bus Mach (6).... Int Carriers Ltd 20c.. Int Cement. . Int Harvester (60c). Int Hydro-Elec (A).. Int Merchant Mari Int Nickel of Can. ... Int Nick Can pf (7).. 101% 101% Int Paper pf Int Paper & Pwr (A) Int Paper & Pwr (B) Int Paper & Pwr (C). Int Paper & Pwr pf. . Int Printing Ink..... Int Rys Cent Am. ... Int Rys Cent Am pf.. Plymouth Ofl. . 353 Poor & Co (B)..ceuus 8 Port Ric Am Tob(A) 3 Port Ric Am Tob(B). 2 Postal Tel&Cable pf. 25 Prairie Pipe Lin 1 Pressed Steel Car... 8 Pressed Steel Car pf. 1 Proctor & Gam(1%). 17 Proc & Gamb pf (5).. 70s Producers & Refin. 18 Prod & Refiners pf. 9% Pillsbury Fleur (1 7 2 17 Pitts Coal pf... ces 2 Pitts Screw & Bolt. 8 Westing’se Alr B(1). 6 29 28% Pitts Term Coal pf.. 7108 Westingliouse Nlee. . Pitts United Corp... 1 3% Weston Elec Instru.. 7 M Pittston Co. vee 2708 5 & § Waestvaeo Ch] (40¢).. CO nsi d er Your White Rock M 8 (2).. White Sewing Mach. Wilson & Co. Wilson & Co (A) Wilson & Co pt. Woolworth (2.40)..w Worthington Pump. . Worth'n Pump pf B. . Wright Aeronautical NEEDS for a Cash Reserve up to & substantial sum. Be- 32 55 Frsee”s In the stock division Capital Traction | 83 59 Columb Gas pf A(6). moved at 10, Lanston Monotype opened | 6% Columbia Pict vtc. .. at 44 and closed at 45, Potomac Electric | 234 Columb Carbon (2).. !, per cent preferred came out at 108 4 Commercial Credit.. and the same corporation's 6 per cent 16 Come Credit (A). . preferred sold at 111. 9% 18 Comel Inv Trust (2). G 84 Comcl Inv cv pfies). 7 2 5% Rk ned in Financial District. 12 Intersta Dept Stor pf e Frank J. F. Thell, resident manager % L Tassh Cauk 1) 13% Radio Gorp Bf (A) .. of J. 8. Bache & Co., announces another Comwlth & Sou pf(6) 23 Jewel Tea Co(3) 6% Pub Sve NJ (3.80)... Public Sve NJ pt (5). Pullman Corp (3)... 34 214 Pure Ofl. 30 PureOfl 1208 24 6 50% 34% Wrigley (Wm) (3).. NOW to provide for % Wrigley (Wm = your T 2% Yellow Truck... 6 . 11% 3% Young Spr & Wire... 5 Momber Building 32% 7% Younzstown Sh&Ts. 37 T 3% % Zenith Radlo. 1 1% 3% Zonite Product 13 ts. 2 AmComAL..July § 113 Int Salt (1%) Int Shoe (2). FE5 s N P e 10 per cent increase in the salaries of employes in the Washington office, ef- fective June 4. This is in addition to the 10 per cent increase announced in May. The brokerage offices are located in the Washington Hotel. American Security & Trust Co. di- 3% Consol Cigar. 5% Zonsol Film pt. 40 Consol Gas NY( 7% Congol-Nairn (80¢).. Consol Gas NY pf(§) 4 “ 18% 16 +1 43 54% 12% Johns-Manvill 95 42 Johns-Manvillepf... 81% 35 Jones & Laugh pf(1) 63 Kansas City South: 12 Kan City Sou pf (2). 2% Kaufmann Dept St.. Reis (R) & Co 18t pf. 660s 2% Remington-Rand. 32 % Motor Meter..July 10 102 6% Kayser (J) &Co..... % Kelly Spring Tire... Kelly-Sp Tire 6% pf. yectors today declared a dividend of 2 1% Cons RR of Cuba pf.. % 8% er cent, payable July 10 to stock- % Consol Textlle... m 1% 1% 1% lders of record June 30, - lh(c‘olmnaconu).. 3 8% % B+ W < y