Evening Star Newspaper, July 1, 1933, Page 13

FINANCIAL, BONDS ARE STEADY ONLIGHT TURNOVER Speculative Rails Take Spot- light in Quiet Week End Session. THE EVENING STAR, WASHINGTO FINANCIAL. BONDS ON:N. Y. STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. , D. C, SATURDAY, JULY 1, 1933. ICURD SHARES RISE |™N. Y. CURB MARKET | - N BRSK TRADNG 35"‘ Market Moves Ahead Despite i Periods of Profit-Tak- " ing Sales. 2 A-13 BIG: CARLOADINGS GAIN S PREDICTED Midwest Shippers See | crease of 12.6 Per Cent . in Third Quarter. Sales. High. Low. Close. Gt Brit&Ir §%s°'37 97 108% 107% 108% GrtNor4%sD'76. 3 65 66 = 66 Grt Nor 4%s E'T7. Cirt Nor 68 C 73 Girt Nor 5%s B 62, Grt Nor gn 7s'38.. | Hait! 65 °52 HuAson Coal Hud & M adj Hud & M rf 5 .. Humble O11 5837 ., 111 Bell Tell bs '56.. 111 Cent ct tr 48 '52. I1l Cent rf 435§ 111 Cent 4% 111 CCStL&N 4% 111 CCStL&D 5s A. Inland St 4%s Inland St¢3%s Int Rap Tr rf 5i Int Rap Tr 7532 UNITED STATES. (Sales are 1n $1.000.) High. Low. 10219 10217 10212 1026 1031 10231 991 9831 1005 1001 10216 10210 10215 10214 10217 10218 1054 1051 106 26 106 22 106 26 1107 1105 1106 Bales. Mieh. Low Close. 26% 25% 26 58 67 52 52 30 29% 89% 8914 54 han 90 90 98 9T Sales. High. StOIINY d%s'51. 25 Rwedeén 5% s 14 Swiss5%s Tenn W P 6s A 47, Tex & Ark 540’50, ‘Tex Corp cv 5844, Tex & Pac 53 B '77 Tex & P5sC'T9 Tex & Pac §s D ‘Third Av rf 4 Third Av adj . Tob P NJ 6% 2032 Toklo bs'52 Tokio 548 '61. Toklo El Lt 635 Union El L&P 5 Low. Close Stock and Closs. Dividend Rate. Add 00. 14% | Royal Typewriter.- 1 1% 124 | 24| Rubberold Co (1).. 33 33 Afr Inv Inc vtc. ... (3% Ryan Consol.... 2 S AirInvevpf...... 1 Safety Car Hy Ala Grt Southern..125s 4% stAn{hony ufifi‘f”f; Ala GrtSoupf (3). 1 9 | St Regis Paper.... 31 Allled Mills....... 49 7% St Resis Paper pf. 20 ‘Alum Co America.. 9508 Salt Creek Prod (1) ‘Alum Co Am pf 131008 T4%] Seaboard Utilties. ‘Am Beverage..... 6 3 3% Segal Lock & Hrd. ‘Am Brit & Cont. #| Sentry Saf Control Am Cit PEL Aa3.. 34 | Shattuck Den Min. Am City P&L B 15¢ Shawin W&P (50c, Am Comwith Pw A Shenandoah Corp. . ‘Am Coniwlth Pw B Sherwin-Whliams 200s | transportation men of Ohio, Indiana Am Cynamid (B).. Singer Mfg Co (6).110s d Kentucky expect a 12.6 per cent Am Dept Stores. .. So A 1 ant ‘Am Equities (25c). e Y 2., |increase in carloadings in the area in Am & For Pw war. l}}: Southland Roy 20c. 4 the- third quarter of 1933 over the cor- Am Founders. .... 4314 | Stahl & MeyerIne. 7 4 | responding perfod of 1932. Am Gas & El ( | Stand OilInd (1).. 21 | "Reports predicting such an increase Stock dnd Sale— Dividend Rate. Add 00. Acme Wire vie. ... 2 Aero Supply B.... : igh. Low. . Low. Close 2 1029 1031 99 1005 10213 10216 10217 1053 Special Dispatch to The Star. NEW YORK, July 1.—Stocks moved forward in brisk trading on the Curb Exchange today. There were periods of hesitation, when activity fell off, but the trend was still upward. Several sizeable blocks appeared at the opening at advancing quotations and By the Associated Press. 1 BY JOHN A. CRONE. CINCINNATI, July 1.—Shippers and Specia: Dispatch to The Star. NEW YORK, July 1.—Strengih of speculative rails, continued irregularity of foreign loans and narrow movements in the strictly investment dcmestic de- scriptions featured bond dealings today. % & 13% 1% ADbitibi P&P 68 5 Alleghany bs Alleghany s Alleghany 5s'50... Allis-Chalm 5s '37. Am F P 582030.... Am Metal 53534, Am Smé&Ref 6847, Un Pac rf 43 200! UnPac4%s'6T.... Un P 1st rf 58 2008, ‘The St. Paul 5s and adjustments were the first of the junior rails to seek new heights, though initial gains of a point or more in this group were not uncom- Am Sug Ref 6s°37. Am T&T 4%s'39 Am T&T c tr 5s "46. Am T&T deb bs '60. Am T&T deb 65 65. 105 foass 111 110% 106% 106 106 104 103% 103% Int Cement 53 °48. . Int & Gt Naj 6s'52. Int Hydro El United Drug bs '53. U S Rubber 55 '47.. UnStWeEKa AT, Un St W 6%sC'51. Utah P& L 6s'44., before the session was half over a num- ber of new high prices for the year were recorded. Utilities shook off their heaviness of earlier in the week and made moderate ins under the leadership of Electric Am Investment. .. Am Invest Inc war Am Laun Mch 40c.150s 1 Am Lt & Trac (2). Am Maracaibo. ... Am Superpower.. . BalanmnBaroanm 15% 22% 2 4 Stand Oflof Ky (1) 4 Stand Oil of Ohio. .150s Standard Silver & I Starrett Corp. Starrett Corp p! {in 29 leading commodities were made |at & meeting of the Ohio Valiey Ship- | pers’ Advisory Board here. Estimates ranged from a gain of 128.6 per cent in lumber and forest Stetson (J B). mon. In the better grade of rails New Strook & Co. Haven convertible 6s were the first to establish new maximums. | French cities and ralls were up! slightly from their lows # Friday and Belgian Governments Yere steadier. Most German issues, the government 5158 and Ts excepted. were irregular. In the first half hour United States Gov- ernments pointed higher In the better grade rails the Pennsyl- vania issues as a group stood out fol. lowing the announcement that it would Tepay immediately $9,500,000 of the $47,500,000 loaned to it by the Recon- struction Finance Corporation for the purpose of electrifying its lines between New York and Washington. ‘The International Great Northern| announced that it would pay interest on its first mortgage bonds. between now products, down to a 13.8 per cent de- crease for gravel, sand and stone. Ty | Stutz Motor Car N | Car requirements for coal and coke 3 Sunray Ofl i's were placed at 436,558 cars, or an in- 7p 1 SWift & C . 20 20% | crease of 14 per cent. 14% Swift Internat (2). 5 2914 A gain of 51 per cent was estimated 1 1 gal Bond & Share, which was up about a Util Pow §%s '47.. point most of the time. Fractional Vanadium St Sae1. gains were the rule in other utilities. Vienna §s ‘52 Cities Service was steady. Va Ry 1st6s A American Gas & Electric opened a Va SW 1st cn 585! shade higher following publication of B its earning report for the 12 months Wabash ¢%4s 1,! ended May 31. This showed net of Wabash 1st 5333, $9,932,278, equal to $1.84 a share on the common, compared with net of $14,404,881, or $301 a share, in the previous 12 months. May net income YD‘; $601,221, against $814,194 in May, 2. Oils, metals, rails and miscellaneous industrials and specialties were ail strong. Standard Oil of Indiana ad- vanced service station and tank wagon prices of gasoline one-half cent a gal- lon. Gulf Oil of Pennsylvania and Humble Ol registered the largest gains Am T&T 5%s 43 Am Wat Wks 6s'34. Am W W&E§s'75 Am Wr Pap 63 "47.. Antioguia 7s*45. Argentine 6561 M. Argentine 6559 Ju Argentine 6s ‘59 Oe Argentine 63 A '57. Argentine 63 B '58. Arm & Co 4%8'39. Arm Del 5%s '43... Assoc Oil 65 '35 Atchis 45 1905-55. . Atchison gn 45°'95.. Atchison 4%s ‘48 AtIC L col 4s'52 AtICLun4%s 64, Atl Ref db 5337, Australia 41%8°56.. Australia 5s 107 107% 94 93% 8% T84 44 43y Util Pw 58’69 ww., . Am Thread pf 25c. 2 Anchor Post Fence 6 Arcturus Radio T. 1 ArkNatGas...... 2 Ark Nat Gas ( . 2 Armstrong Cork 4 2 4 1 7 3% Italy 7s '51. 'm; Pu:}, & 314 | Taggart Corp. .... 4 |in automobile movement, 49.3 per cent Tampa Elec (2.24). 27% | in machinery and boilers, 43.2 per cent 21 | Tastyeast Inc (A). 32 13 | in brick and clay products, 25.3 per cent 2 | Technicolor 6 8'3 |in agricultural implements and ve- 61| Tech Hughes (60c) 39 57 | hicles other than automobiles, 18.3 per 4% | Tob Prod Exp (10¢, 1 1% |cent in grains, 16.4 per cent in milling Todd Shipyard (1). 1 2714 | products, 7.8 per cent in fresh fruits, 178 | Trans Air Transp.. 1 5% |11 per cent in potatoes, 10 per cent in 8% | TransLux DLPS 2 27 | live stock, 10 per cent in iron and steel, 27 | Tubize Chat Corp.. 12 26% | 19.8 per cent in paper, paper board and Tubize Chatillon A 3 43's | prepared roofing, and 15.1 per cent in Tung-Sol Lamp... 6 7 | chemicals and explosives. Union Gas of Can. . Decreases, however, were estimated Unit Air pfAxw 3, for hay, straw and alfalfa at 9.3 per United Corp war 3 |cent; gravel, sand and stone, 13.8 per Art Metal Works. . Asso El Ind p9 1-5¢ ‘Asso Gas & Elec. .. Asso Gas& El (A). Asso Gas& E1pf.. 25s Asso Rayon....... Asso Tel Utilities. Atlas Utilitles. ... ‘Atlas Utilities war ‘Auto Voting Mach. Bellanca Air vte. .. Benef Ind Loan 1% Blue Ridge Blue Ridge pf (a3). 1 Botany Cons Mills. Warn Br Pic Warn Quin alylrnn Bros 60. Kan City Sou 5s'50. Lack St1 55 A 50 Laclede Gas 58 ‘34.. Lael 5%sC'53. Lake Shore 3%s'97 Leh Valcn 452003, Leh Ven 4%s 2003 Leh Valcn 55 2008, SR wwm~ womn Bo = 33 1% and July 15. Missouri Pacific obtained a court crder permitting it to pay the the semi-annual interest on the 4lp per cent bonds of the Pacific Railway | of Missouri, Carondelet Branch. These items, along with car loading increases and better earning reports, stimulate speculation in the junior carriers. Wabash 4! hit a new high, follow- ing which there was an upturn in the| nickel plate issue, Internaticnal Great Northern Adjustments and 6s, and the Missouri Pacific 5125. Some of the bet- ter grade carriers like Great Northern s, and Western Maryland 5%:s of 1977, edged up to new heights. Dodge Brothers convertible 6s were | the first of the industrial debentures | to record a new peak. Thev were fol- lowed by Sinclair Oil 7s of 1937. Ameri- can Waterwcrks 5s showed a gain of 21 points and American Telephone con- vertible 41;s attained a new maximum | level. Recent bidding up of Shell Union Oil bonds was explained today by the statement that June profits were ahead of those a year ago, but this mark was qualified by a stat-ment that the year's | results, unless improvement is greater than anticipated, would be less favor- ble than in the proceeding 12 months. | Em BANK CLEARINGS RISE SHARPLY DURING WEEK | By the Associated Press. NEW YORK, July 1.—Bank clearings‘ continue large in volume. The total this week at all leading cities in the | United States, as repcrted by Dun & | Bradstreet, Inc., of $4,766,699,000 was | 269 per cent higher than that of al year ago. At New York City clearings ‘were $3,460.038,000, an increase of 42.2 per cent, while the aggregate for centers | outside of New York of $1,306,661,000 ‘was 1.3 per cent lower. The increase at New York City, in part, measures heavier trading in stocks. Substantially larger clearings again ap- pear at Boston, and this week for the first time at Pittsburgh. Larger totals are also reported by St. Louis, Kansas | Minneapolis, Omaha, Atlanta, | Louisville, San Prancisco, | Portland and Seattle. Slight reductions | at Philadelphia, Chicago and some other | cities are without special significance. Clearings are now $761,916,000 below the heavy total of last week, but a year | ago the decline was $996.383,000. The more favorable showing this week is due largely to the heavier amount at New | York City. | Figures at leading centers, showing | increases and decreascs compared with | 0se of last year, are printed herewith; | also daily bank clearings each month for the year to date: (Totals in thousands.) Week June 28, Boston ... Philadelphia Baltimore . Pittsburgh Buffalo .. Chicago | Detroit Cleveland ", Cincinnati St. Louis K an: Omaha Minneapol Richmond Atlanta . Lousville | June to date. May . 3 pril CHICAGO LIVE STOCK MARKET CHICAGO, July 1 (#) (United States Department of Agriculture). —Cattle— Receipts, 1000 head; compared close last week medium weight and weighty Ted steers strong to 25¢ higher on ship- per account; all long yearlings and light steers unevenly 25a50c lower; generally 25c down on fed kinds, 50c lower on grass offerings; all heifers 25a50c lower; cows steady to 25¢ lower; bulls 10al5c higher and vealers 1.00 Jower; widespread drought and ex- treme heat bearish factors in“trade; week end rains helped; extreme top vearlings, 7.25 early; few above 6.50 l:tlek, b?!h}:envites‘ 85; bulk, 5.75a6.50; u. gl steers, 4.75a6.00; be: heifers, 5.75. % Sheep, receipts, 5,000 head; today’s market nominal; for week ending Fri- day, six doubles from feeding stations, 27,700 direct; fat lambs and yearlings, mostly 25 lower, spots off more; a pro- portion of week's earlier decline re- gained te; slaughter ewes. 15-25 down. losing bulks follow: Good to choice mative ewe and wether lambs, 6.75a7.25; weights above 68 pounds, selling at latter price; strictly choice 80-pound Idaho rangers, 7.50; week's w’;: native lambs, 7.85; native bucks, 5.75a6.25; throwouts, 4.50a4.75; few, $5.00; very thin kinds, down to 4.00; fat_ewes, 1.75a2.50. Hogs, 14,000, including 13,000 direct; alow, 10a15 lower than Friday; 200-300 |\ pounds, 4.302440; top, 4.40; heavier ‘weights down to 4.00; 140-190 pounds, 3.2524.30; pigs, 3.00 downward; most acking sows, 3.50a3.75; shippers took 00; estimated holdover, 2,000; com- pared week ago, 10 lower; light light, good and choice, 140-160 pounds, 3.258 4.00; light weights, 160-200 pounds, 3.75 .35; medium weight, 200-250 pounds, 4.25a4.40; heavy weight, 250-350 pounds, 4.15a4.40; packing sows, medium and good, 275-550 pounds, 3.15a4.00; pigs, good and choice, 100-130 pounds, 2.75 23.25. New York Cotton Special Dispatch to The Star. NEW YORK, July 1.—Gains rang- ing from 13 to 19 points featured the opening of the local Cotton Exchange today. In Liverpool prices advanced 10_to 15 points in quiet trading. Initial quotations were: July, 10.14, 15; October, 10.40, up 13; December, 10.62, ug’xl; January, 10.67, up 1% » Up 15, i Australia 5857 ref 58°96.... rt 5s D 2000. 3&0Swdv5s’s0. B & Teledo 48'59. .. Batav Pet 4%s ‘42, Relgium 614s'49... Belgium 7s'55. Belgium 7s 66 Bell Tel Pa 5. Bell Tel Pa Benef Loan 6s'46.. Berlin Cy El 6s°55. Berlin C El 648’51, Berlin C El 6148'59, Beth Stlrf 5s'42. .. Beth Stl pm 58°3 Bolivia 7858 Bolivia 75 "69 Bolivia 83 '47......, Bordeaux 6s '34. Bos & Me 5855 | Bos & Me 53 67 . 1 Braril 6%s '26-'57, Brazil 614 "2’ Brazil 8341, BrasiICR 78 ' Bremen 7s '35 Bklyn Ed 55 A Bklyn Elev 63 Bklyn Man 6s A ‘63 Bklyn UnGas 55'45. Bklyn Un Gas 5s'50 Bkiyn UnGas 5s'57. B R&Pitts 4348’57 Bush Ter con 58’55, Bush T Bldg 5s'60.. Calif Packing 55'40 Canada 45’60 Canada 4%s°36.... Canada 53°52....., Can Nat Ry 4%s'51 Can Nat Ry 4%s’5. Can Nat Ry 4% 8'56 Can Nat Ry 438’68 Can Nat Ry 4% 8'56 Can Nat 5s'69 July Can Nat 5569 Oct. Can Nat Ry 4%s'57 Can Nor 44535, Can Nordb 633846 Can Nor deb 7s '40, Can Pac deb 4s.... Can Pac 5344 ctfs. Can Pac4%s60... Car Clin & O 6s'52. Cent Ga cn 5s'45... Cent 111 E&G 55 '51. Cent Pac 1st 48 '49. Cen Ry NJ gn 55'87 Cert-td db 5% s 43, Chi & Est 111 58°51.. Chi Grt West 45'59. Chi Ind&L gn 5566 Chi Ind&L gn 6s'66 Chi M&StP 4%s E., CM & StP gn 4s'89 C M StP&P 58°75.. 170 P NERAAR OGN0 aRO~nSa 16 CM&StP ad 552000 572 1&NW gn 3145’87 Chi&NW 4% 52037, Chi&NW 4%sC'37, 2 5 17 Chi & NW 4% 5°49. 282 Chi&NW rf 55 2037 Chi & NW 6%s ‘36 Chi Rwys 5s°27 Chi RI&P gn 43 Chi RI4%s'60 CTH&SE 1st 55'60. 6 1 5 . 3 | Chi RI&P rf 45°34. 123 ChiR1&P 4%s'52 129 .309 16 CTH&3E in 5s'60. 119 Chi Un Sta 4%4s'63 Chi Un Sta 6%5s'63. C& W Ind5%s"62. Childs deb 5s°43... Chile 65 '61. Chiie 62 °61 Jan Chile 6s°61 Sept. Chile 65°63. s 4 Chin GVtRy 53 '51.. Clev Term 4%s'77, Clev Ter 534 8A'72., Colomb 6s ‘61 Jan.. Colomb 6361 Oct. Colon 011 6538 Col G&E 6s ‘52 M: Col Gas & E 5s'61.. Com Inves 5% ConG NY 5% | Con P Jap 6%s'50. Con Pow Jap 1s *44. Consum Pow bs '52 Cuba R R 1st 5s'53 Cuba'RR rf 7%45'36 Cuba Nor 5%s'43.. Del&Hud ref 4s'43. Denmark 4%s 62 Denmark 6 °4 Det EA 4%s D'61 Det Edison rf 55’49 Det Edison 58 '52.. Det Edison 58 '65. . Dodge Eros s "40 Duquesned % sA’67. Dutch East 1 65°47, East C Sug 7%s'37 Erie Con ¢s Briecv 4s KErie gen & MWrie ref 5s ‘67 Erie ref 5376 Wrie & Jer 6s°55... Fiat deb 7s ‘46 Finland 6%s Finland 6%s'56.... 50 Ger Cen Bk Ger Gen Elec Grand Trunl 8 1 |C& W Indcn4s’52. 14 100% Grapd Trupk Ta'40, 1 102%-2034 102% Lig & Myers 65'51. Lig & Myers 7s "44. Long 1sirf 4s ‘49 Lorillard 6s '51. Lorillard 7s"44 Brcoman Milan 634552, Mil E Ry&L s '61.. Mii E Ry&L bs '71. MSP&SSM 5s gt'38 MSP&SSM 5%s " A Mo Pac6s F'17. Mo Pac5s G718, Mo Pac bs H'80. Mo Pac 5s1'31 Mo Pacb%s A Mobile-Ohio 55 '38. Mont Pow §s"43... Mont Pwr is A 62, Nassau Elec 45 '1. Nat Dairy 5% Nat Steel bs | NEngT1st N J Power §: NOT&MG5%s54 Nw S Wales 55'58. . N Y Cent3i4s'97., N Y Centdb 4s°34.. N Y Cent 43°98 NYCrf4%s2013. NYCrf4%4s2013n NYCrfés2013.., N Y Cent ab 6s'35. NYCLS3%4s"93... NYC&StL 4%s'78. NYC&StL5%3A'74. NYC&StL 1st 6532 N Y Edison 55 B'44 NYEdrfe%s'41. N Y EL H&P 45'49. NY NH&H 4s°51 NY NH&H 4145 NY NH&H 6s 43 Y ¥ x Y NY O&W rt 4s°92.. NY Rys Inc 6s "6 N Y Tel gen 4 %339 NY WaB 434546, . Nia Sh Md 5% '50. Nor & Wnen Nor & Wn div 4 North Am Co 5s'61.. Nor Am Ed 5s A’ Nor Am Ed 5s C'l Nor Ger Ltd s '47. NorOT&L 6s°47. Nor Pac gn 3s 2047. Nor Pac 43'97. Nor Pac 68 D 2047 Mo Boheawne » NS WS e wB g Ogden&L Ch 45’48, Ohio PS 7% 546 Oreg-Wash 4 .. Orient Dev 5%s 58 Pac GAE 5s’42.... Pan Am Pet 63 '40.. Param-Pub 5% 5'50 ParisOr 5%s ‘68 Penn 4%s D81 Penn 55 '64. Penn gen 5563 Penn 6%s 36, Penn O&D 4%s'77,, Penn P&L 43881, Pere Marq 4%s "l Peru 6s°'60. Pern 6s°61. Phila Co 53’6 Phila Elec 4s Phila & Read Phillip Pet 6% 539 Pillsb F M 6s°43... PCC&StL 4%sC1T P& WV 4%sC60.. Poland 7s'47...... Poland 8s°50 Pos Tel & C & .o Press Stl Car 53°338 Prussia 6s°'52 Prussia 6%s ‘51, FPublic Serv 45 °'71.. PubSvG 4%s"67 Queensland Read 4 %48 A 97 Read Jer Cn 4s’51.. Rem Arms 63 A "37. Rem R 5%sA¢Tww Rhinelbe U 7 Rhine Ruhr Rhine West Rhine West Rhine West Rich Oil Cal Rio de Jan 6% . Rio Gr W elt 45’43, RIAr&L4%s 34, Rome 6%3 52 B Royal Dutch StL IM R&G ¢»'33. St L&SF 4s A 'S StL&SF4%s'T8. StL SF 4%#'T8ct st StLSW 1st4s’89., St L SW 1st 5. . S'P&KCBL‘%,’(I Seab ALrf4s’59.. Seab A L adj 55'49. SeabA LésA "ll b Solvay Am 6s’42... Sou Bell '.l‘ki‘\‘ a4l % Sou Pac 438 '81... Sou P&Or 4%8A'TT Sou Ry gn 4sA’56.. 35 Sou Ry bs 94 Sou Ry gm ¢ 3 A g Wil-O 18t 635 '33. . Wil & Co 1st 6s 41, ‘Wis Cent Tm ¢s'36. Ygstn S&T 78, 10 Ygstn ST 58 B'70. 4 PRODUCTION OF LUMBER HITS NEW HIGH MARK By the Associated Press. Lumber production during the week ended June 24 overtopped all records since September, 1931, while shipments from the mills set a peak untouched since July, 1931. In making the announcement the National Lumber Manufacturers' Asso- ciation said reports from leading mills indicated a cut of 186,116,000 feet dur- ing the period, while shipments totaled 225,087,000 feet and orders for new business amounted to 253,091,000 feet. 18% 184 80% 80% SEEE TR W Cotton Exports Higher. NEW YORK, July 1 (#).—Exports of American cotton were larger this week than in the same period last year, says the New York Cotton Exchange serv- ice. They totaled 139,000 bales, against 63,000 in 1932, BONDS ON THE CURB MARKET. DOMESTIC BONDS. Higl A ppaich Pow 5s rkans P & L s '3 Crane Co 55 '4 1 Crucible Steel 5s R 36 T 7as 783, 783, oust GIf G 6s A '43 100!z 100! ous L & B b3 A ‘53 02 83" yerade ¥4 65 A 40 Bw & L 65 A '53 BEEREEEO00 'vef b e ot 2 t B 10591 231t i 2953 e N e LOEN D 05 1 S ke 34 23, e FORTPRMDIEII AP TR R -~ SNOUE et o) 0! .;.. ¥o9! 558 G&E dlas '57 G & E s B Pw & L 5s 5 C P&L 4l4s ™ 2 R R §E 1 ;g-_ 228 5 23u2e0n 222 EFIT 5 12398 £ oo 3 W RS S sszsagaced 2 °3, s23geERses H R BB B IRHEHE R 15 G NS (H 5 Soumeace: o * Kl Lepe 3383 Es E&EE- = ff.? S _. JURRTR 8 o~ ot o~ TN BEEEE [~} w08, S o0 a8 o i o :° P " & o B i & e 33 in the petroleum group. Newmont Mining, a nolding company for metal shares, was gactive and 3 points higher at one time. United Verde Extension came out in a block of 2,500 sharcs at 5, up ‘Wright- Hargreaves Mining, Lake Shore Mines, Pioneer Gold and other gold shares were in demand at rising quotations. In the coal group, Glen len Coal again hit a new high for 1933 as it crossed 22. Rails reflected the strength of the carrier group on the big board. Penn- road Corporation was unusually active around 3%, its previous close, while Alabama Great Southern ran up to a new top for the year at 44%, up 6% ints. Among the specialties, manufacturers of sir-conditioning equipment stood out prominently. Both Carrier Corporation and Safety Car Heating & Lighting registered new peak levels for the year. Ruberoid, maker of construction ma- terials, also made a new high, as it rose more than 2 points to 33. Crocker- Wheeler Electrical was active and strong. In the packing stocks, Swift International declared the regular semi-annual dividend of $1. and the stock was firm, as was Swift & Co. Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., July 1—White potatoes, per 100 pounds, 2.00; new, barrel, 1.00a3.25; sweet potatoes, bushel, 50a100; yams, bush?l, 65a90; beans, bushel, 25al. asparagus, dozen bunches, 5021.50; beets, 100 bunches, 1.00a2.00; cabbage, hamper, 35a50; car- ot hundred, 2.50a3.00; cauliflower, crate, 1.50a1.75; celery, crate, 3.00a4.00; corn. crate, 50a1.00; cucumbers, hamper, 60a75; eggplants, crate, 1.00a1.75; let- tuce, bushel, 20a40; lima beans, bushel, 1.00a2.00; onions, per 50-pound sacks, 1.75a2.00; spinach, basket, 20a30; peas, bushel, 50a1.50; peppers, bushel, 50a 1.00: tomatoes, lug, 50a1.25; squash, amper, 35a40; apples, bushel, 35a1.50; blackberries, crate, 1.25a2.50; grape- gruit, box, 2.00a2.50: cherries, pound, 3a6; oranges, box. 3.00a3.50; peaches, bushel, 1.00a2.75; watermelons, each, 30 a55; huckleberries, crate, 4.00a5.00; cantaloupes, crate, 1.25a3.00; raspber- ries, pint, 2a6. Dairy Market. Live poultry—Young chickens, 15a22; Leghorns, 13a16; old hens, 11al4; Leg- horns, 10all1; old roosters, 7a8; ducks, 7al4; pigeons, pair, 10a15. [Eggs—Receipts, 906 cases; current re- ceipts, 13a13';; nearby firsts, 15al6; hennery whites, 17a18, Butter—Good to fancy, creamery, pound, 22a27; ladles, 17al8; store packed, 14a15. Grain Market By the Associated Press. Caominsicd 1 Grain maries. eatly predom! markets ear] today, and wheat prices jumped rapidly. Omaha dispatches said reports of crop damage from excessive heat were coming in thick and fast. Opening 17;-3; cents higher, wheat later held near the initial range. Corn started 3;-24 up and subsequently altered little. A extreme upturn to 4 cents above yesterday’s finish took place in wheat soon after the opening, from which the market afterward quickly reacted a cent and then soared again. Temper- atures*of 100 and over were reported from a wide area. Nebraska weather was officially stated to be the hottest and driest on record. Adding to the upward impetus of wheat values was & crop summary by a leading trade authority estimating 1933 United States wheat yield as but 502,000,000 bushels against June 1 pri- vate estimates of 627,000,000. Sandy Spring Dividend. SANDY SPRING, July 1 (Special).— It has been announced by Fred- erick L. Thomas, president of the First National Bank of Sandy Spring, that a dividend for the past six months had been declared at the rate of 12 per cent, which was the same as in 1932, and that the savings institution of Sandy s?nnr has credited to its depositors interest at the rate of 4 per cent, as usual. & e BALTIMORE STOCKS. Special Dispatch to The Star. BALTIMORE, July 1.— STOCKS. Arundel "Corporation. 160 Black & Decker Black & Decker pi & P Tel Baito pfd 10 Consolidated Gas_co 115 Easte ~ Market Averages By the Associated Press. .. 232 2 geid BELG .... Sionon s o SEERISIRES b A it d SatetEuna T gauunm——»—mh. t] & Egs.&. 3L3L Beqpal B3 - D0 ™ @ 2 oo CH] 7, 2323 RS 1O DN D DD S0 RIS Sada ot amnno0mN Spona33-1 RS ARESIAA lotece nisimie Y Ssyna Jish qesy 4 1 (1931) . *New 1933 " highs. (Copyright, 1933, Stand. REananiaNA Ay, 33 & =a & % g Brazil Trac & Lt. . Brill Corp B Brit Celanese rcts. Bunker Hill & Sul. 4508 45 Bunk Hill & Sul vte 258 Burma ret (plc) Cab & Wire B rets, n Indus Alco A. Canadian Marconi. Carib Syndiecate. .. Carrier Corp. ..... Celluloid Corp. Cellulold Corp pf. Cent States Eelec. Cities Service. ... Cities Servpf B... Claude Neon Inc. .. Clev El Tllum 1.60. Cleve Tractor..... Colon Of1 - 21 Col G & E cv pf (5)200s 126 2 Colum Oil & G vte. Comwlth & Sou wr, Consol Aircraft. .. CAMCoectfs. Consol Copper Con Gas Balt 3.60. Copper Range. . Cord Corp (10¢) Cosden & Coc.o.d.. Courtaulds (p8ize) Crane Co....... Creole Petroleum .. Cresson Consol (4¢ Crocker Wheeler. . Crown Cent Pete.. . Crown Cork Int A. Cust Mexicana Min Darby Petroleum. . Derby Oil & Refin. Detroit Ajrcraft. .. Distillers Cp Seagr Dow Chemical (2). Driver Harris. . Dubilier Cond & East G&F As (60c) EIBd&Shb6%.. EIBd & Shpf (5).. E1Bd & Shpf (6).. El Pow Asso (40c). ElPow Asso A 40c Ex-cello Air&Tool. Falcon Lead Fisk Rubber (new) Fisk Rub pf (new) Flintkoe (A) Ford Motor Can A Ford Motor Ltd. Foremost Dairy Foremost Dairy pr Franklin Mfg..... General Allo; - General Aviation. . General Rayon (A) Gen Theat Eq cv pt Gen Tire & Rubber 508 Georgia Pow pf (6) 758 Glen Alden Coal... Gold Seal Electric. Gorham vte (pl).. Gray Tel Pay Sta..7508 Grt A& P T n-v 17. 508 Great A&P T pf (7) 108 Greyhound Corp Guardian Invest Gulf Oil of Penna. Hagzeltine Corp.... Hecla Mining..... Holling Gold t70c.. Hudson Bay Min. . Humble Oil (2). Hygrade Food M P&LtDL.. IlP&Lcempfé Imp Oil Ltd cou 50¢ Ind Terr 111 Oil B.. Ins Co Nor Am (2) 3 . 208 .. 508 . 128 14% 3 8 2 7 1 1 4 9 0 2 1 2 33 3% 2% 8 84 1 9 10% 2y 12 57 161 16% 31% 7 61 3 9 1% 1% 2 35% . . 3% 1 13 % 2 8% 2 6 1 1 1% €% 5 124 5% 8% 91y % ke 12 20% 68 26% 1% 55 601 10 5 BT TP P PRSP T “~ 1% 1% 3% 8714 b4 22% % 24% 19 168% 121 24 1% 3 . 14 12 60% 75 3 33 4 6% 1 8% 11 B 4 Int Hy E1 S c pf 3% 258 Int Petrol (1.12) 1nt Utilities (B) Interstate Equities Irving Air Ch (40c) Italian Superpw A. Ital Superpw db rts 11 5 1 1 1 Jones & Laughlin. 40s Jonas & Naumburg Kirby Petrol 10¢ Kirkland..... Kreuger (G) Brew. Lake Shore M 3214 Leh Coal & N 40c.. Leonard Oil... . Lion Oil & Refin. .. Lone Star G bé4c. . Long Island Light. McKee & Co B (2). Marian Stm Shovel Mass Util Asso.... Massey-Harris Ltd Mavis Bottling A.. Memphis Nat Ga Merritt Chap & S... Merritt C&Spt A, Mich Gas & Oil.... Michigan Sugar Co Mid Sta Pet vtc A. Midland Steel Prod Middle West Util. . Moodys Inv pt pf 3. Mountain Prod 80e Nat American. Nat Aviation Nat Bellas Hess Nat Fuel Gas (1) N Ni t Steel war..... Nat Sugar NJ (2). N New Jersey Zinc 2. Newmont Mining. . N Y Shipbldg (40c) NY Telpf (632).. Niagara Hud Pow. Niag Hud (A) war, Niag Hud Pw C wr. Niag Sh (Md) B 20¢ Niles-Bement-Pon¢ Nitrate Chile B.... North Sta Pw A(4) Pacific East Corp.. Fan-Am Airways.. Parke Davis (1)... 2 7 11 Parker Rust P 2% .300s Penroad Corp... Phoenix Secur pf.. 09 Pioneer Gold(60¢c). 10: Pitney Bowes P, .. Pitts Plate G (60¢)325s Pratt&Lambrt §0c. Premier Gold (12¢) Process Co (20c) Prudential Invesi 1 ‘1 2 United Dry Dock. . United Founders. . United Gas United United Gaspf..... United Lt & P (A). United Lt & Pow pt U SElec Pow ww.. U S Finishing....... U S Foil (B) (20e). U S & Int Sec. U S Lines pf. U 8 Play Car Unit Stores vte.... 2 Unit Verde Ext 40c 35 Utd Wall Paper... 1 Utah Pow & Lt pf. 50s Util Pow & Lt..... Utility Equities. .. Venezuelan Pete. . co Afrcraft Walgreen Co (1) Walgreen Co w alker (Hiram).. Wenden Copper. . . West Md Ry 1st pf 40, Williams (RC). .. Wil-LowCafeteria. Wil-Low Cafepf. . Woodley Petrol. . . Woolworth (F W) Ltd (p463-10c). 1 Wright Hargvs 20c 121 Yukon Gold 1 sed o payment. 3Plus 4% in st or stock. b Payable e Adjustment dividend. f Pl € Plus 6% in st In Plus 3% In’ otk in stcck. p Paid last year—no == FRIGIDAIRE MEETING ;;‘: Factory Officials to Meet With | | Salesmen Here. Confident that business conditions will | 9% | continue to improve if Jarge manufac- ock. | 1 in 0 5% | 100 cent. and cement, 7.7 per cent, and | petroleum and its products, 1.7 per | cent. CHICAGO STOCK MARKET CHICAGO, July 1 (4).—Following i the complete official list of transactions in stocks on the Chicago Stock Ex- change today: Sales. 8 100 Acme Stl . 100 Alliea Prod 20 Am s 4w Sonant alox! = @ mm Pers ;. Grigsby-Grun .| Hall Print Hou ;e 350 Lib-McN & 100 Lincoln Pr 50 Lindsay Lt PR W turing and selling organizations do their | the Southeastern region. ¥ | part, Prigidaire Corporation is sending | “w"w Washington for a meeting July 6| 614, with sales managers and dealers in this | 1214 territory a group of factory officials | 4% |headed by T. A. Farrell, manager of In announcing the forthcoming meet- | ing sal it ‘The meeting here over by E. B. Dorsee. CHICAGO DAIRY MARKET. CHICAGO, July 1 (#).—Butter—Re- creamery extras 91) 23%2a ceipts, 15781 tubs: steady: specials (93 score) 25%,a25%: (92) 2435 extra firsts (90- ere, H. W. Newell, vice president, | “The exceptional improvement in | 81, | business generally in the last 90 days 4% | has proved that sales volume is there s | for retailers and salesmen who go after will be presided | 30y [ore » 12138 0ous55 PR 10 Waukesha 750 Yates M. 200 Zenith Radio Stock sales—71.000. Bond sales—None An increase of 15 per cent in the 241;; firsts (88-89) 213a22%; seconds price of silver fox was registered during 3 7% 4% (86-87) 18a20; standards (90, central- the ciosing day of the special Summer ized carlots) 24 8,203 cases; stead Eggs—Receipts, | sale held by the New York Auction® prices unchanged. | Co., Inc. The Partners of FENNER, BEANE & UNGERLEIDER Members: NEW YORK STOCK EXCHANGE and other leading Exchanges Announce the admission as a General Partner of LOUIS W. LAUDICK July1,1933 Property Management Automobile Insurance Consult us about these 6 per cent Mortgage Loans, how they are ses cured, and how conveniently they can be purchased. Nat’l 2100