Evening Star Newspaper, July 6, 1933, Page 15

FINA NCIAL.’ FINANCIAL. kgrr A—13° BONDS IRREGULAR || BONDS ON: N. Y. STOCK EXCHANGE ||STEEL PRODUCTION " WACTVEMARKET Received by Private Wire Direct to The Star Office. UNITED STATES. Bales. High. Low. Close. | JUMPS 3 PER CENT (Bales are in $1.000.) Fla E Coast 58°74.. 89 16 13% 16 | Poland 85’50 High. Low. Olose. 4 96 96 96 |PortGnEl4 Lib3%s 32-47... 10228 1)222 10227 22 130% 130 130% [ Por J: Am T ible Rail Lib 1st4%(832-47. 1029 1026 1028 | French Gv7% 17 131% 130 130% | Pos Tel &Ch Trade J I's 0 Juni Lib 4th 435 33-38 103 10228 10228 g ” Press Stl Car 5 - JUI‘IIOI‘ and Convertible Rai T8 inbiee. 992 9831 992 g::,';':i,‘;’:",;::; .g 132 13"3“ 135 Prussia 6s '52 6 85 34% 35 ra e Journal Says Opera Issues Show Further | 5535 ae it 1000 Jooiz Joads |GenCablessisur. 6 74 73 74 | Erusslactierss.. tions Are at 56 Per Cent sM41-43. nPSv6%s'39.. § 87 87 ublic Serv 48 i ¥ US3%aJ40-43.. 10216 10215 10215 | Gon SeCans%a'45 26 9% 76 79%|PubSvG 434’6t § Price Gains. US3%s43-47... 10223 10219 13%% GenTh-Eq5s'40., 40 5 4% 5 |PubSvG4is'70..30 102% 102% 102% of CQpacny_ US3%s46-56... 1056 1056 1 8 |QercentBrewds. "3 41 40w 40| PureOisya'ar... 187 87 87 {! : 1:‘44;5;52 itllg fg }gg fs ;‘l’g o |GerCenBkes'60J 5 37 36% 37 PureOll5s’40 TS 4K s 47-52. Ger CenBK 65’600 7- 374 36% 37% BY JOHN A. CRONE. Ger Gen Elec 6548, 10 523, 32w 32 | Sucensland? & By the Assoclated Press. Epecial Dispatch to The Star. DTN DA barss 2 % Radio-K-Or6s’41., 2 24 23% 247 NEW YORK, July 6.—Although the ipegial TFsna 3 B G 6 0 Read 4%8A°97.... 9 90% 90 90% 4 curtal] iy NEW YORK, July 6—Alfter D%'m,‘,“of Ab & St5%s43... b Gaman Pavaktd ReadJer-Cn4s’51. 1 83% 83% 83% ':‘“l’ ":;"'::M L':uo':"::m“"m"'k generally higher and active, bonds Alleghany 5s°44... 59 €8% S48 CU%] Goodrich 6s 45 Rem Arms6sA'37 8 981 98 98 | tlons prods day turned sumewr‘m't lrrgs:llg.u:xg:' i A“ex:nny e ?,,. zzgg fg 4;/' 461 | Goadrich 6% s ¢ Rem R5%A'4Tww. 2 71 70% 71 |has jumped to 58 per cent of capacity cially in the speculative dot '~ | Alleghany 5_' i Go r Rub Rhinelbe U 78'46.. 2 35% 35% 35%|from 53 cent & week Iron scrivtions that had formed the bulk o{ Allis-Chalm 58°37. 17 91 32% .’,é = n":g Sl Rhine Ruhr 68’53, 14 20% 21 27 | oot (0 :;" 280, of trend, however, Gt Brit&Ir ne West 65 '53. third-grade and convertible rg\ls !;;:Yel Am IGChb%s 49, }z g: :g% :: art Nnru&-“ Rhine West 65°55. 20 39% 39% 39% | from 55 to 57 per cent, at Buffalo, being bid up to new helghts every time | Am Int1 %2y .. 12 86 85 08 | GroNor 4aE 1T, 38 RichOllCal6s*44. 7 28% 28 28 |oom 4 45 60 per cent; in the Cleve- the shares of such carriers bulged. | Am MetalSyn'sd. 7 80 S84 00| GriNorssC7a..) 30 T2 Tiw Ti|RiodeJan6%s'y s 2au 22y 23 | from 48 e e g Brazilian government loans opened| Am SmaRefSs's1. 23 00 (000 105 | GrtNor5iaB'52. § 75% 75% 7hu|RioDeJanext8s'és 7 23% 23 28% -Lorain ares, from pe Jower on cabled reports from Rio Am Sug Ref 6337, 1041 118% 1141 | GrtNorgn7s'36.. 61 87% 86% 87% RGrdoSul6s'68.. 16 2615 26% 26% | cent; Wheeling distriet, from 85 to 90 Janiero that Brazil would soon adjust| Am T&T 415s°39.. 14 i3reek 68 '68. 1 21% 21% 213 |RioGrWist4s'3s 18 83 82 83 s froi he milreis to the dollar. United King-| Am T&T c tr 55’46 18 105% 105 105% b | RTAr& L4%s'34. 55 34 2015 34 |Dper cent; Eastern Pennsylvania, from :io:nmo("Grent Britain 5is rested after | Am T&T dcb 55 '60. 14 104% 104% 104% | Haiti 6s . 4 69% 69% 69%| Rome 6145'52..... 44 811 79 80 |35 to 40 per cent, and in the South, rt, but Switzerland | Am T&T deb 5s'65. 61 104% 104 104% | Hudson Coal5s'62 13 43 42% 43 | Royal Dutch 4s '45 42 93 92% 93 |from 54 to 79 per cent. | s now peak Tnited 8t Am T& 1074 | Hud & M adj 58°57. 22 63% 52 53% | Rumania 78 ‘69 4 424 40% 41 e s o nebioain 2 v Vi Hud BT . i 27 active blast furnaces, making Goverument bonds el Si2a0V)(Bin Wt s ont Humble Oft 5037 10 108% 108 108 | St IMR&G 4533, 98 0% B 60u % in operation July 1. These were uring the first two - 4 h 5 S F 45 A'50.. 52 27% 24% 27 3 A Igng list of metal and oil securities { Argentine 5845, T11 Bell Tell 55°56. 5 106% 106% 106% szt 'Ifhss F‘:%!'TL 64 21'62 23&: 27 f.‘;’.'g"".."“é,,f“‘lfi t:ln"; :‘3 lt’\‘l‘mu-mleel were sought during the forenoon, re- | Argentine 535’6 Il Centettrds’s. 8 74 71 T4 |SULSF4lsTictst 97 28 224 26 | on June 1 which were working at & flecting the hardening price tendencies | Argentine 65761 M 11l Cent cl tr 65 64% 65 |StLeSF6sB'50.. 6 30 26% 26% | daily rate of 33,160 tons. June pro- of these raw materials and their prod- | Argentine & T Cent 4%5°66... 98 65 61 65 |StLSW1st4s'80. 23 65% 63 65% | quction was 1265007 tons, compared ucts. Strength in some of the de- | Arzentine 6s UCentref6a's... 1 81 81 Bl | SCLSWistoas2 13 o bz bow |Guction was 126500 ompared bentures of power and light operating | Arzentine 6s TCent6%4s5°36... (3 91% 91 91 |SanA&AP4s'43. 9 70 68% 70 | oo : "y S - s in cur-| Arm & Co 4%s 111 COSI&N 4148 9 6 65 i< . . ., | Of 47.3 per cent on a daily basis. companies followed the rise 0 4%4s %s..'9 65 65 65 |SaoPaulo7s’40... 36 68% 68 68% | °l.p: s otant on he naiti o yent consumption. However, all utility | Arm Del5izs I CCStL&NSsA. 3 70% 70 70%|Sao Paulo 8s 21 21 21 s executives do not regard these kilowatt- | Atchis 4 19025 Inland St4ls A'78 8 89% 89 89 |SaoPaulo8s'50... 47 285 21y 23 | hulomeblle manufacturers s fncrets hour gains with enthusicsm, pointing | Atchisonad)¢s §5. 2 Inland St4}%4sB'81 7 87% 87 87 |SaxonP W 6% 18 i api oy ne e TEew Senkd: m; s out that such advences would be morc | Ao T s%4s, 15 101% 1011 101% IntRapTrrfoe'6sial €7 62 71| Saxon Ta'ts 31 a3k SUk. 52 | Soropenies hioh have heen opecstink came from the sma E 5 nt Rap Tr 68'332. . % % | Seab A Lrf4s’s9..110 15% 1214 15 e publls rather than the low- | AtIC L ist 42 4 90 90 0 |IntRapTr 18 70 674 70 |Seab ALdantet 30 2o iaq [ losngTorceralbacaae they canhol mact | consuming pul AU CL col 4s 103 704 70 TOK|yn. b 3 deliveries specified by users. Motor car | rate paying industrial users. | At1C L un 4% s 80 9% 80 |jatCementisS.. 6 834 82 82 | SeabALadjbc i 10 8% 10 | utput in June is estimated at 250.000 | The 5-point initial gain in Alleghany | Atl ¢ Jun & 1 s 103 103t |IMt&GENESB56. 46 45 38 45 [ScabA L6aA” A I e el g Tbility Corporation 5s of 1950, the sprints to Atl Re s 74" 74 |Int&GtNors's2 71 474 41% 47% |Serbs-Cr-817 20 20 20 %’“ Hew heights in Chicago & Northwestern | Australia 43 3 78 78 78 [INt&GLNaj€s'52126 19% 17 19% (ShenUONSa'4l.. 6 g2 19 82 et production will be fully as convertible 445 and Chesapeake CO| Autiralia 828700 7 19 786 T8l I NerMrar sacils 15 404 40% 4903 | SincON asn B 30, 43 1on ogss 190 |, Sieel demand is gradually becom- poration s directed attention to (€| girian7s'43...0 16 88 8T 8T |1niPaprersaA 47 5 61 61 61 | SincOll TeA 7 . 45 105" 101 102" |inG more diversified. Although consid- speculaucnffl;;} h‘l‘} Pbfifl 8 o 88 s6u §7 |IntPapés’s Sinc P LG8 43.... 1 102% 102% 102% | erable buying of steel may have been in_issues of s k.vé ration 58 of | L& O 1st4s s o A Skelly Oil 5%s 3 82 g2 g2 |for stocking purposes, it is also true When Chesapeake Corpo B&O 4135 60 267 64 that consumption is steadily gaining, | fluence | i} Int Ry CA 6% Soissons ) 1 119% 1198 119%; | thal D ly gaining, ! 1947 crossed par they felt the Influence | ; & o 15t 5s'48,,.. 55 95% 95% 95 | oo % A0 Solvay A ko 5 981 9814 98 |in some instances forcing buyers to| of the rise in Chesapeake & Ohio €OM- | | & O ret5s'95.... 17 73 63 18 |y ;i my SouBell TRT 5s'41 1 105% 105% 105% | Make immediate use of their inventory mon stock, into which they are con-| g g o df 5s D 2000. 38 70 69 70 Gixaw: ou [:ae O ARLOGH O 05% | S terian: vertible at $4397 a share. The stock | Bg OrfesC'95...32 80 78% 80 |jBLTATS Bot Pacsedniss. .. 10 Prices have been advanced on pipe, sold above 44 Wednesday. making it| g g0 Swdv5s'50. 14 82 80% 82% & L sheets and strip. Profitable to exchange bonds for stock. | B & Toledo 48'59.. 3 %865, ed o e AL MR - GO =2 — In the case of Northwestern common | Batav Pet 4%s'42. 55 Japanese flh‘n. Sou Pac 438 . b4 63 65 and the convertible bonds, some Spec- | Belgium 6s°65..... 7 89 8 89 | Jugosl Bnk 7s'57. Sou P&OT 4745A'T7 60 7 e o i e 10 %% 90% 90% #| Sou P&Or 4% 0 72% 72 12% ulators look at the price o Belgium 6%+ KanCF S&M 48’36 1 56% 56% b56%| Sou Ry gn 4sA'56.. 91 857 56% 57 . and then the debentures sndfdecein g Esighin 1858 10 97 96% 974 | Kan C PAL d3s 61 SouRy58'04......13 95 914 95 OPENS D..C OFFICE! favor of the latter, arguing | Belgium 7556 50. 3 i : | comparative terms either the stock or | Bell Tel Pa 53 B8 5 1074 1074 1074 | Kan Clty Sou 58 50 Sou Ry gn u‘:; G the bonds are out of line marketwise. | Bell Tell Paos C’60 3 108 108 108 | ian city Ter 4360 i Troffic gains on the Chesapeake & Berlin Cy El6s'55. 8 ag 29% 30 | Kend 5%s 48 ww.. 7, 4 Ohlo, Chicago & Northwestern and | Berlin 63550 11 32 304 30%| Kresge Found 6x36 N. L Benzing Has Been With many_other carriers have encouraged | Berlin C K16} T L I t speculation in this type of bond. Dur- | Berlin C I 6135 D A8, 4s s N racisaes 53, 11 Sweden 5%s '54. Aetna Insurance Branch at ing these bulges today International| BethStlpmisds. 45 99u 90w 994 Tacisdes i 3 Swiss 5158 46... .. Newark, N Great Northern first 6s and adjust- | Beth Stlri 2 9 o Z 0 : ewark, N. J. g ia 78 '3 g 2 -cn 48 2003 3 Tatwan E P 5%s'71 g ments, Rock Island refunding s, Chi- | Bolivia 7s 38 B 8 | Len-Ven4u%s2008 b 2 hEPS%s 1 . . < bt 9 . 8u g|len-Vendiys? 6 60 58 60 | TennEIP6sA47. 11 3 —_— cago & Northwestern 412 and several | Bolivia 7s '6 2 s 5i ' ¥ of the Missouri-Pacific iscues were lift- | Bolivia 8x & € 0 T s Evens 1oy | TorAsStLssi.. 7 84K 84 884| Norman L Bensing of Chevy Chase €d to new maximum levels. | s s i Tex Corpcvss'i4. 80 95 93u g5 | Who has beer prominent in the insur- | Atlantic Refining debentures were = bid Long Isl db 58 - ance business for S Ros & Me R TB% 7% 8% 3 Tex&P 1st582000. 3 99 9815 99 | the first of the better grade ofls to|Bos& Me R e S e several years, has' best previous peaks. Humble Oil 5s. | Bos&) e T A ey : = it bakines: Standard Oil of New Jersey 5s and | s ane s abe ] Sent S himseli Eaving Standard Oil of New York 4l;s were| 7 33u 33 33y | 1ou G & Elix A%52 cpened offices in| moderately active, but virtually un-| 23 "2“ 1‘1: 4‘2 L& N Uni 4s'40 Washington today changed. Texas Co. 5s fimed. Rich- [rarii®s 4l . 3 80 50 85 |1e&N 4sC2003. 2% | Tob P NJ 6155 : in the Investment | field Oil 65 were the most active of | pitWelin B ooe & 00 00 88 | L& N5sB2003... 88 | Toho El Pw 75 '65.. 700 Building. | the speculative petroleums. BEIvn Man s A eh 28 oo 108 108K | LaNrro%s2003. 3 93 92% 98 |Toklo5%s6l..... 63 Mr. Benzing is a | In the metal division American Sms]!.- Bklyn UnGas 5545 1 100% 109% 109% Lyons 6s '34 . 15125 121 124 | Tokio ElLt6s 58% graduate of George ing 55 were up a shade. XYoungstown| pyiyn U'nGasSw'S7 1 106% 1084 1064 | McKes & R51:s'50 53 634 62 634 | Union Kl L& 2038 Washington _ Unl- | Sheet & Tube 5s. series A, bettered. s ni A ~ versity, beginning J 5 Budapest 6s ‘62 5 33 33 33 Manhat Ry en 0 10 37 37 37 VE&P 1st 5. 1020 Then issues like Container COrporation | puenos A R 6s'61.. 10 33% 33% 33% | Market StT< A 40, 30 75% 74% T4% | 1n Dac1et oo oat 98s Is dnmmance < Bs began to appear on the tape. Buff Gen EI 434881 8 101% 101% 101% | Marseille 65'34... 8 125 121 125 | U'n Dac 4568 /5%, D ——— BR&Pitts4%s'57 57 66 63 65 | Mex4sast1904-54. 2 6% 6% 90% ingto the Anant e 9 ston office of the SHORT-TERM SECURITIES. l;::: ;;l‘;;"ai"su = fg 3:;“ fi LGSt ’f 92 92 Actna_Life Insur- (Reported by Chas D. Bamey & Coo v % | Ml E RyQL 18 ol il el ance Co. In 1929 Bl i liaars ‘oL Ba 3835, B Canada 45 '60. . 3 87 86% 87 | Mil ERv&L ey 81% | 'S Rubber 554 66% 67% | He ,:"'0"'."""25? merican 1 :'lnndn 4%8°36 6 99 98% 99 |MSP&SSMen4s'38 § UnStW 6% A4 26 97 |Norman L. Bensing. 'ém:e e Tel -nnr!:\ 585 - 13 100% 99% 100 MSP&SSMcn 5s°38 1 28 28 | he Ael: g Can Nat Ry 4148’51 42 9 9 M 58 gU38 23 25 3. |the Aetna. Can Nat Ry 4%#'56 25 M3158°49 4 e onl The next year he went to the homs Can Nat Ry 41487 11 e 324 | office, late in 1930 going to the com- % 4 0% 408 = | Can Nat Ry 4% 8’55 8 4 e super of - ,, 4 31 335 Can 55°69 July 7 | ment. He now expects to locate per- Golorado & So. Rv. 41 Can Nat 58 '69 Oct.105 ‘ Mo Pac gn 4s 35% 37 | manently in Washington. g;ryg;‘;;_ ;C,{;g;‘m{' s Can 2 98% 98% 98% | Mo Pacrf e eeines Dan. & Rio Grande 4las Can 2 99% 99% 994 | Mo Pac5 @ Ry 1st 6s A "62. N Betson Elec. Tium. 45 Can > 46 10 106% 1061 106' | Mo Pa RY& Pwis 3 RPORATION (et Corp. 55 1 Can Nor deb 7s'40. 40 103% 102% 1027 | Mo Pac nd Trunk Canad: Can Pac deb 4 68 67 68 ;MoPa Wabash 4% Ngrll’:erfi ‘;{ ; (“ln Pac4%s’ 9 78% 7813 | Mo Pac ‘Wabash 1st 5. REPORTS Keystone Telenhone 55 CanPac4iss'60... 18 76% 754 76w | Mobile-Ohio & Wabash 2d 53 39 Laclede Gas Light 3s 1 Can IPIC ;! ;i ctfs g gg‘a 94% 94% | Mont Pow Wabash 5s B'76... v W. R. 58 14 = ‘54 A PWr 5 ‘62. N| ?‘:éfi@;g RS Car Clin & 05538, " 2 100 133 1:3 :a‘::étl::;ust:‘:s:'n 1:1 7 28 7 TRENDS AND FROSFECTS OX Penna. R. R. Co. 6135 ) Cent Pac 15t 45 49. 92 gt e “ 3 g | Biiciair Cons. il Co. A CenRyXNJgnss'8? 2 98% 97 981 | N 1 1 106% 106% | warsaw 7s'58.... 4 42 4ln 42 | todays summary of corporation news Bouthern Pacific 8s 1934, .. Cert-td-db5%8°43. 12 55% 54l 55% |\ 3 ol Wes: Sh 1st 4s 2361 13 80 79% 80 | prepared by Standard Statistics Co. Vron Ry o% Power B 10 Ches Corp 55 °47... .1087106% 104 = 106 | 20% 33 | westE1aba‘es.. 11 100% 100 100 |Ine. New York, for the Associsted Wabash Rwy. Co. bs 1039 | C&Ogen 414592, 10 103% 102% 102 | X 3% wast Maat4a 5735 2] 70) 72 fpeos TN romm i —_— N \\:rq )‘ld 5_15. .. 3 8314 yfi 83 ® f 'U. S. TREASURY CERTIFICATES N West Pac 5s A 46 34 7% A Airc.r- t N West Uncltrs 38 2 5 5 Aviation Corporatior.—Passengers car- m.;;lp&r‘:le‘:in:syy Chas. D_Barney & o) N West Union 5 5 8 Bl 82 | ried by American Airways, Inc. sub- ate- ity s N West Union 5s " 22 80 7915 80 fary, i da. { 45 Aug. 15.1f Chi&EstIll5s’sl. 44 18% 17 18 | N West Un 6145 0% 45 I ol Wi | S ATy ining LOISERAD de ity une ; Chi Grt West 48’59 63 45% 4du 45% | n Weatphalla 6a'53.. 8 203 20% 2oy | Amcunted to about 1,100 vs. 3900 in like Chi Ind&L gn 65’66 5 44% 441 44% ! Wh&LEcn4s’49. 10 83'; 83% 83 = Ex-Cell-O A‘\!Cl’!f‘t & Tool C CM&StPgn 480 16 69% 684 69% | X WickSpenct7s3s 1 9 8- 9 | ont OG0l Al S (010 per cont: Chi M&SIP4%sC 17 70% 70% 704 |~ Wil&Colstés'41.12 99 9gw 9o | jon—Advanced wages e L © M StP&P 55 °15. .431 915 WisCent Tm4s'36. 42 25 194 25 | jpoc ,g“M"'“y S e iceny, - tger N Yokohama 6s'6)... 12 65% 64% 65 | e Chi&NW 43452037 39 463 4415 461 e T I L e T Chi&NW 4135 C'37. 46 46% “; “‘; N Y Edison 5s B'44 3 106% 10615 10615 | Y&stn S&T 5sB'70. 35 791% 791% 7913 Willys-Overland Co.—Protective Com- CRLENW 4% 49,378 41 80y dor|NY Edison5sC'51. 12 106% 106% 106% SR mittee, headed by G. M. Hubbard, noti- ks 2 NYEdrf¢%s41. 6 112 111% 112 | fled htlders of first mortgage 615 per e W e ae, 19 a3 5% S0%|NyELH&P4s'4d 28 101% 100% 101% | ELECTRIC POWER OUTPUT | cent bonds of company that it would FOREIGN EXCHANGE. Chi RI&P gn 4588 43 66% 65 6oy | NY NH&H4s'S5.., 4 65 65 65 SHOW! | oppose the reorganization plan promul- (Quotations furnished by W.B. Hibbs & Co.) | Chi RI&Prf4s'34.168 38 35 38 = ‘\H&l}ll“', e "1 .:ls 2‘?“ g? S GAIN FOR WEEK | gated by the Stratton committee. Nominal gold Selllnzdc.hyecn (:; :’Jl&l’l‘ v?u 52 lfi 115 34 36 161 415567 47 73% 2% 7315 ) | Automobile Parts and Tires O - C R o . 13 25 23 24| & o - By the Associated Press. | il and. . E3 Sy * S e Y NH&H cit 6s°40 8 92 91 92 | Timken Roller Bearing Co.—Increases i e aetes 3 o0 A% 50 |NYNH&H6s'48..11 93% 92 92 | NEW YORK, July 6—Continuing wages 11.1 per cent. L Chi Un Sta 4%8 4 S5 8 B8 574 B | the contra-seasonal rise, electric power i Fome! aira Chi UnSt5s4s... 50 Sk fae %4 |outnut last week was 13.7 per cent ahead T udspést, peneo. ont ‘“,"I:Z“c'""‘:,:g 24 415 4 41 |Of the same week last year, the largest | A Comparison of Afaanid, peseta - .- Pl i S § 1011 101 1013 percentage gain for any week since the 39 COMMON STOCKS V.enna pf L4 . Y 1 481 and e Chleta el al I D 10w |NTTeleentnectd 3 100" 103 106 | PRRE TEE WD sepriea by || 26 INVESTMENT TRUSTS | Stockholm. crow - . - 4 o4 5% R 1 5 107 198% 106%] 136000 in the preceding week and - eorge s S0 me I SR e S 10 100 90 100 | 456961000 in th;ilalke 1932 period. | i s » .5 100 3 onsumption registered sharp gain in | Washington Stent Exchange | cpi'ses pi 61s'si 3 8 ou 9% !most of the major geographic regions. P Chi Mtg Bk n%E‘},.} aé 8 % % NreY Enxhnd ran Z(zg p«{rhcem ahead 0 CCC&St L 43 SE" 82 o of last year, compared with a 19.2 per F M tg SALES. CCC&StL5sDes 3 $o% I3% B1%| cent gain in the previous week: Middle irst Mortgages yash. R. & E. 45s—$1.000 at 87%%. Cin Un Trm 682020 5 108 103 103 |Atlantic rose 11.1 por cent. against 8.9 | Wash, Gas 55 1958—$500 at 87, $500 | Clev Term5sB'73. 1 79% 79% 79%| NorPacgn3s2047 13 59% 58 5 |DPer cent: Central industrial 17.6 per FOR SALE at 87. Clev Ter 5%s A'72. 13 844 8314 83%| Nor Pac 48'97..... 35 86l 864 B6y | cent. against 13.9 per cent; Southern Pot. Elec. 5'2% pfd—10 at 108, 10 at Cologl\b!: 51” zg 3;% g’- g?!'% Nor PacbsD2047. 2 78% 78 7814 Stlgfl P”-‘_fll)flé cu;t, ;gain:t 13.8 per 108, 10 at 108. Colomb 6s - b b % | Nor Pacri6s 2047. 25 87 861, g7 |cent: Pacific Coast off 0.3 per cent, Wosh, Gas 6s B—$100 at 104. Colomb 6561 0ct,, 15 37% 37 37 | NorstPwssA’41. 6 101 1007 1007 | 8€ainst a decrease of 0.6 per cent. 6 0 Interest C & P. Tel. xl{:a zz‘s%bomzlgn‘wll - Colon Oil 6s ‘:8- i ot s er Nor St Pw 6sB’41. 2 104% 1041 104y e -e - - Wash. R. & E. pfd- at 88'4, Colo & Sou 4%8°35. Norway 58 '63. 19 88 877 88 Q 881, 10 at 88V, 10 at 88%, 10 at Colo & Sou 434280 B Tl% 1% Ti%| Norway Sks D4 8% sow 89% PARIS BOURSE PRICES. EA 2314 10 at 88%. Col G&E 5 ay 13 Norway6s'43..... 1 9274 921, 927| PARIS, July 6 (P).—Three per cent . Po Elec. 5% % pfd—1 at 108, 10 at| Col G & E55'61... 26 85% 84% | Norway 6s°'52..... 11 92 911y 92 |rentes, 67 francs 50 centimes; 41 per " 108, 5 at 107%. Com Inves 5%8°49. 13 1014 201 101 | J 0 S o o cent rentes, 83.40. 643 Indiana Ave. N.W. Ana & Pot. R.R. 55—$1.000 at 43%,|ConsCMdrf8s'50 47 21 18 20 |OECeRfLCAIRAS 3 B7 81 87 Exchange on dollar, 85.08. The dol- 21,000 at 43%, $1,000 at 43%. ConGNY4%s '51.33 99 98y 98y, OhloTBT48 48 - 1 = 101 | jar was quoted at 18.88. Mergenthaler Linotype—1 at 29. Con Gas NY'ss'57. 23 104 103 10314 OEEAAL 1601 . B4 ATk Sse stk i 5 Con G NY 5%845. i 5% i 5 Bid and Asked Prices. Con P Jap 6%5'50. : gg g‘ gg Orfen1 Dev 6s53.. 45 66 65 66 - Con Pow Jap 75" 14 Pac G&E5s'42.... 15 105 104%% 105 BONDS. Consum Pow 55’52 6 104 103% 104 | pae T&T 18t b8 20 105 105 105 : PUBLIC UTILITY. L o | Copenhax 5a'52... 10 69% 68 69% | pae T&T rf6s's2.. 23 106% 105 105% uchincloss, arKker e p 4 | Cuba 53845 .. Paramonnt 65°47.. 38 2515 221 24% | 4 Amer_Tel. & Tel. 4125 . 110% .....|C 3 e 5547, - Tel ‘& Tel. ctl. tr 108% 00| Cuba Nor 5is | Param-Pub 5130 211 254 . nacoste & Pot. R R 4 447 | Cuba RIRTL 7836 | Paris Or5%s°68. . 105 105 Members New York Stock Exchange - S (92 &Tud ref 4s°43 26 84% 83 84% , Pathe Exch 78'37.. 9. %6 1 3 $ Tel. of Va b5, 5 g::‘i"}‘l‘“d':v - 5 96 95% 9:;' Penn-sta 4s 48 99% 99% 997 i g Members Washington Stock Exchange 5 '37. 10 94'¢ 933 93% | Penn4%sD'81... 87y 89 o ¢ oG 2 st &'L;:flfi:flu.. 53 73% 72 73% | Penncn 418 60. 1031 100 100 Associate Memibers New York Curb Exchange Denmark 5%8°56.. 7 85 Penn gn 41565 93 9215 92% Denmark 68742, ... 22 &7 L ver Gas . 3 ‘s : D hiGrends'36. 55 991 921 99 MISCELLANEOUS D& RGW 58 . B9 97% 97 9T% Barber & Ross, Inc.. 628 55 D&RG W 5s'78.. 46 ; 10412 1031 104% | Chevy Chase Club 58 99 Dot 4355 D '61.. 16 981 | Penn O&D 4125 '77. 88 87% 88 Columpia Country Glub 5%e. 83 D s 255 1o Benn PEL 4153781, 36 93 91% 91k M. Cola Stor. .| Dodge Bros 6s'40. 26 96 98% 96 | Peop Gas ref 53 '47 10 100% 100% 1007 oot 48| DonmerSti7s42.. 1 87 87 87 |meor&Elst4s'40. 2 63 63 63 % 5 E STOCKS. Duquesned4sA’67. 18 10415 1081 10415 Peor & E inc 4s 9:. 61 Ggy. sg ':% National Savings & Trust Building 2 B'57. 4 5 . PUBLIC UTILITY. e 70 6% 10 719 Fifteenth Street Amer. Tel. & Tel. () DE15%s'53 Nov. 2 10% 10 10 . SOkl T h East 16847 0% 10 10 Telephone: METROPOLITAN 3116 Wash, Gas Light Co."(1.80). Dutc! v esh 1% 1%% 18% Botuite Eower DetoNRe s b 8 87 81% *Hugh D. Auchincloss Chauncey G. Parker, Jr. _Albert G. Redpath ot. Elec. Power 515 b East C Sug 7%#'37 96% 96 96 Richard P. Dunn Harold C. Patterson Wain Ry & B com, () o Erle Con 45°95.... 52% B52% 52% +Member N. Y. Stock Exchange. : : Erie cv 4s A 53, Philipp'ns R48'37. 50 29 27 29 o T B iyt Briecv4sA'53... 22 61 60 81 |LuiiTpetsynay 31 8T 8% 87 10-Selz. 2). ' Anston '12‘3‘5::“- @ / Brlogan i 2 PR e TP Se43.. 11084 1054 1gg%| Wm. Jasper DuBose Charles P. Lukens, Jr. Thomas Hopkins N i Eriere€5s 7 64% 59% 631 Pcffiifll; A s o James L. Quinn Harry E. Moore A. R. Towner coples Drug Stores pid. (6'4) P - 3-61% ‘qwd. & Lothrop com. (1.50) =4 8 = - 59% 59y \ 59t Wdwd. & Lothrop pfd._ (5 10543 5 65 65 6 “Ex dividend. bBooks closed. y NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Todsy's Today's Prev.1033~ _ Stock and Sales ~Prev.1933.~ _ Stockand Sales figh. Low. | DividendRate. Add 00. Hish. Low.Close. Chee. | Hish. Low. . Dividend Rate. Add 00. High. Low. Close. Chee. 83 35 Utah Copper... 208 80 79 79 +1 34% 11% Westing’se Air B(1). 52 34% 33% 36 + % §% 1% UIPwraLi(A).. 16 T%. 7 7% + % Sl 19% WestinghouseBlec.. 173 5o% 48 80 41 e 12% 31 Weston Elec Instru. . % 1% 1% + % 2 T Vensato oD 10 % ik % L u| 18% B WestvacoCnl(ioc). 32 19% 18k 19% +1 e e Ten it o %% % Y| 35 7% WheelingSteel. 2 34K 3% 34k +B% L e e I e e White Motor...0: - 1308 2015 24% 244 + % BN MO Chal... B W 5 B Nl T D R et TR . 23 3% Va-CarChem 6% pf.. 27 22 19% 21% +1%| ,5% % White Sewing Math. Sl s 846 Va-Ca¥ CHamIm pC: 51 1 ista il i ion, (I WhliaSewathnt. .. S22 itk W 86 - $7% 1% Vulcan Detinning...Ji6s 62% 61 62% +1%| 26, 35 Wileox Rich A ( 126 26 26 9% 113 Wabash pf () ook owoet 3 4" Wisen& o S 1 e 1 4% H - som & Co 12 B% WaldorfSystem..... 5 11 11 11 §9% 19 Wilson & Co pf. 2 6l% 61% 61% + % D6 % Wara Baking B G TETR I B ertmeta s 17 S 3 S tea 7 - Vorthington Pump. . + 40% 11% Ward Baking pf ( 18 414 39% 40% + %| 51 14 Wor.hnPumppfA.. 2 494 47% 49 +2 €% 1 Warn Bros Pictur [ 6% + %4| 47 14 WorthnPumppfB.. 4 45 44 45 % % +%| 24 6 Wright Aeronautical 40s 21 20 21 + % 2% 24 + %| 50w 341 Wrigley (Wm) (3).. 20 50% 49% 49% + % L U4 T 7n Yellow Truck. 439 % 6w TH +1 oung Spr re... 0 + %3 *% Wells Farsor r: o 1008 2 3 3 ° | 8% Ts YounkstownSh&T. 55 82a 3Da 324 +1k 27% 7 WessonO&Sn(50c) 40 27% 26% 27% + %| T O% Zomite Products..... 10 7T 6% 6% + % 33 30 WestTaBleoA().. 100 604 ok 6o 3o Blakis: est PaElecA (7).. 108 % 66% +5% - 634 33% WestPaElecDf (6). 1208 63% 63% 63y _ 3| % #HavesBody..July2d 30 % % % 7% 87 WestPaElecpf(7). b50s 71 70 71 +1 Sales of Stocks on New York Exchange. 11% 2% WesternDairyptA.. 1 10 10 10 + % 1,220,000 12:00 Noon 4% % WesternDairypfB., 5 3% 3% 3% + % 3,800.000 2:00 P.M. 18% 4 WesternMaryland.. 117 14 13 13% — % DI siven in the above ta 18% 6% WesternMd2dpf... 19 19% 18 19 +1 |peyments hased co Ty o halt_yonsty, oo 5 1 Western Pacific..... b4 6% 5 6% +1% S Uak of eating = 5 iy extr 9% 1% Western Pacifio pf... 99 12 10 11% 32 | 4% 0 sigck. ~aPaid laet year—no reguiar rate, 643 17 Western Union. ..... 127 624 5% 61% + 1% | b ckeciel orclerred siock. u Pasable in serib- b Ead this 3ear. U. S. TREASURY BALANCE. By the Associated Press. Treasury receipts for July 3 were | $14,610,119.76; ditures, $16,731,- 205.35; balance, mfl,us.as: customs duties for three days of July were $1,666,934.76. Hardware Sales Improve. NEW YORK, July 6 (Special).—It, has been quite some time since the volume of business in the hardware trade was as heavy as at the present, Hardware Age says in its market sum. Grain Market By the Associated Press. CHICAGO, July 6.—Attainment of | new high record prices for the season | mary. Tangible improvefnent in sales | e T distinguished the com market today| pecame apperent following the frst of | BALTIMORE STOCKS. | Special Dispatch to The Star. lBALmORE. July 6.— ales 964 Arundel Corporation .. 10 Atlantic Coast Line Con: 2070 Black _& Decker com 1c P Tel Balto ptd 19 Consolidated Gas com 20 Con G 2 and helped to give strength to wheat and other grains. Continued damage to corn and other crops was reported. Conservatism in many quarters, however, was engen- dered by the sharp upturns of late, both wheat and corn having risen about 12 cents & bushel from last week’s lows. Corn closed strong, 2Ys-2% _cents above yesterday's finish, wheat, 35-14 up; oats, %-; up, and provisions un- modity prices. In May the betterment St became more pronounced, gain- ing additional momentum in June. . Pay Increase Ordered. SHERILL, N. Y, July 6 (®.—A § per cent :K“ increase for all employes of Onel Community, Ltd., silver manufacturers, was announced in a statement from the office of Pierrpont changed to a rise of 15 cents. B. Noyes, president. The statement WHEAT— Open. Mish. Lo sald the increase would affect 1530 . 90% 08% workers. i D83, CORN— iy el September .’ 81 December 3 May YOU WILL BE INTERESTED to know in detail about the ad- New York Cotton Special Dispatch to The Star. ! NEW YORK, July 6.—After holding within a narrow range for several hours under liquidation in advance of Sat- urday’s acreage report, cotton prices today moved upward sharply over 30 points and ended with a gain of 22 to 26 points on the day. Renewed weak- ness in dollar exchange and reports that Government officials were confi- dent of the success of the acreage re- vantages of investment in our Forty Years of Expericnce 6% FIRST MORTGAGES —what the security and how Con- First Mortgage they may be purchased. ot DL ot o active Inzestments sult us, without obligation. advanced 25 points to 10.50. Cotton range: Open. Hizh. w. July .. 1011 1 3 10 | January 083 1 L ® L o e : iz = AN 925 15th St. N.\W. Ml Nationat 2100 A bathing suit with rubber tubing ex- | tending from the armpits to the leg | which, when inflated, offers security | against drowning, has been introduccd in Germany. PROPERTY Associated Gas and Electric Company 61 Broadway New York The Cost ot a Protective Commi:..ce To The Holders of Debentures of Associated Gas and Electric Company ‘The methods of some who profess dissatisfaction with the Plan of Rearrangement of Debt Capitalization of this Company are illustrated in the activities of a recently formed Committee for the so-called Protection of Debenture Holders of this Company. That Committee in public advertisements four weeks ago asked for the deposit of debentures. Nothing was said in the advertisements regarding any assessment on depositing debenture holders for the remuneration of the Committee. Prospective depositorsswere left to find this out for themselves from the exam- ination of a 23-page deposit agreement which they might obtain on application. A more recent communication of this Committee addressed to debenture holders of this Company under date of June 19, 1933, containing misleading statements and in- ferences with regard to the Plan, discloses the fact that the Committee may, under the terms of the deposit agreement, assess against deposited debentyies for compensation and expenses of the Committee and its lawyers a sum which is stated to be equal to not more than 215 %, but this communication neglects to state that the 215% is to be computed on the face amount of the debentures and that so computed, it amounts to $25 per debenture or over 1215% of the prese* market value of a debenture. The Committee, without disclosing ii:c fact generally to prospective de- positors, is now offering dealers a commission of $6 for each debenture depos- ited through them, which must ultimately be assessed against the depositing debenture holders. It seems fairly obvious that with this expense at the start, debenture holders who deposit with the Committee may anticipate that the remaining $19 per deben- ture, which depositors may be requiréd to pay, before they can get back their debentures, will be used up for remuneration and other expenses of the Committee and its lawyers, in attempting to protect you from a plan which you are not required to accept and which, in our opinion, cannot but benefit you, even though you do not accept it. For its remuneration and expenses, the Committee reserves a lien on the deposited debentures which can be enforced by public or private sale of the deposited debentures fifteen days after notice. The Committee also reserves the right to pledge the debentures to raise funds for its activities. In depositing debentures for exchange under the Plan, debenture holders incur no liability whatsoever. Neither payments by the Company to dealers for services in explain- ing the Plan and attending to the forwarding of debentures for deposit, nor any other expenses in connection with the Plan, will be charged to debenture holders, whether or not the Plan becomes effective. The communication above referred to states that none of the members of the Committee or its counsel have ever been and none are now in any way, directly or indirectly, connected with the Company or its management. It is not stated that any of the members of the Committee themselves own or have any interest in any deben- tures. Nor is there anything else to indicate that they are acting otherwise than as volunteers with the expectation of substantial remuneration from deposit- ing debenture holders. ‘We strongly urge that you be wary of so-called Protective Committees and others who volunteer their services to advise and protect you against recommendations ‘of the management of your Company which has complete knowledge of its financial situation, and has successfully met all of the critical situations which have arisen during the past four years of business depression. Associated Gas and Electric Company