Evening Star Newspaper, July 8, 1933, Page 12

FINANCIAL REPORTS | TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE | STOCKS TURN UP \Received by Private Wire Direet to The Star Office. Sales . ‘Low. Dividend Rate. o e | High. Low. Dividend Rate. Add 00. High, Low. = Dividend Add 00. 3 13% 3 Adams Express. 2 13 12% 13 - 4% 1% Container Corp (A). gt Lehman Corp (2.40) . | 601 9 Republic Steel 71 sg Addams Sm;ess »f 3 ‘{g“ Zg > s“ Container Corp (B) 1 Lehn & Fink (2). 4 N 1% Revere Copper. ' Adams s Contl Baking (A).... 31 7 Revere Cop & = i - & Reyaois Metaisity. {Early Irregularity Followed 1% Reynolds Spring.... L 3 t % 60 " Reynolds Tob (3). .8l | by Stranger Trend Led by 26% Reynolds Tob B (3). Metal Shares. by i i .| 20% . Rapld Recovery n Many Im 12% 5% Addressograph ‘232 1% Contl Baking (B). ... : 1% Adv Rumley. 3 . portant Lines Revealed 7% Affiliated Prod (60c). 9 A 47% Air Reduction (3). 4 9:“ 3 P % Afrway Elec Appl. . t= From Over Nation. 5 114 Aluska Juneau £06). 2 7% Alleghany Corp..... I TH% = s 1 Alleg Cp pf $30 w, 2 20% BY EDWARD C. STONE. 1% Alleg Cp pf $30 xw 1s% Financial news columns just now are o AT e o crowded with the greatest number of 116 Allied Chem pf (7) 2 120 120% optimistic_reports that have prevailed | 6 Al O s M 13 265 since the Wall Street break in the Fall X Al TorCeee 4 -of 1929. Selected at random, one finan- 8 A et s cial page, alone, contained these head- 18% Amerada Corp (2). .. =5 W bl 36 Contl Baking pf (4) Ligg & Myers B (15). Lily Tulip Cup (1%). 1y Lima Locomotive. by 10% Contl Insur (1.20) ; Liquid Carbonic. 2.‘/: 4% Contl Oil (Del). Loew's Inc (1). % % % i BREEF 85% ContlCan (2)....... | » 3% Contl Dfamond Fibre 2 Rossia Ins of Amer. . 17% Royal Dutch (80%5¢) Safeway Stores (3).. Safeway Strs pf (7). St Joseph Lead...... St L-San Francisco. . St L-San Fran pf.... Schulte Retail Stores Schulte Ret Stor pf. . Scott Paper (1.40)... Seaboard Air Line. .. Seaboard Air Line pf Seaboard Oil Del 60c. Sears Roebuck Second Nat Inv. Seneca Copper Servel Inc. .. Sharon Steel Hoop. Sharp & Dohme. ... % Shattuck(FG) (24c). & Shell Union Oil. “Processing Tax to Raise Wheat : AT Chatiy s A - 17% Del Lack & Westn. .. 4 42 7l 44% McKeesport T P (4). Shell Union Oil pf.. . n 30 16 30 Per.Cent.” AmChicle (18): 2 Denver& RG W pf.. 4 s 1% McKesson & Robbins Simmons Co. ....... { flected the belief that the administra- “Chicago Wheat Advarce Close Am Colortype. Detroit Edison (4).. 4 ’ 25 3% McKesson& Robpf.. 9 % Simms Petrolm (25c) {tion at Washington would use the “To Record Pace.” Am Comc'l Alcohol. , Diamond Match (1).. 5 2 14 McLellan Stores. Skelly Ofl. .. o 9 14| powers entrusted to it by Congress to “San Francisco Business Gains Am Encansfic THing Dome Mines (11.55) 5% 33 i 214 McLellan Stores pf.. Sloss-Sheffield.. . . ... 2 jcut the gold content of the dollar. The in Most Lines.” Am European Secur. ¢ Dominion Stores 3 8 1315 Mack Trucks (1).... Sloss- Sheft Steel pf. % 3 4 + % |President has authority to do that up “Birmingham Steel Rate Near 75 Am & Foreign Pwr. Doug Alrcraft (Tic). 4 3 24% Macy (RH) & Co (2 % Snider Packing. 411 | to 50 per cent of its present mint par, Per Cent Capacity.” Am&}:ur Pw fr(s L A Drug Ine (3). 5 i ] Madison Sq Garden. 2 Socony-Vacuum 74 — 14 but there has never been any official “Steel Plants Speed Output Close Am & For Pw 2d pf.. 3 Duluth S S & Atl.... 84 a Co Solv Am pf ww(5%). | intimation that he proposed to use it. to 55 Per Cent.’ Am Haw Stship (1).. Duluth S S & Atl pf f # . 2 % . So Port Ric Sup 1.60. 35 )Nevenhe!css. the steady depreciation of All that in one day's news ard on Am Hide & Leather. . % Dunhill Internatl 3 h h Mallison & Co pf. South Cal Edison(2). 25% — % | the dollar in terms of foreign gold cur- 8 single page! Other pages had still Am Hide & Leath pf. 91 Duplan Silk (1) 1 i Manati Sugar pf..... 3 Southern Pacific — ® | rencies suggasted that such devaluation amore! BT Am Home Prod (3),, 324 Dupont de Nem (2) 2 i:anl':all:;l]l El»vgtd.d :’nulr}:ern :{ailw- 2 % — % | was only logical. Recent news leaves no doul af - &4 anhat Elev mod gt Southern Railway pf. =551 the corner has been turned. The new ? Am Ice Co pf (6) é‘* e ’i’.'”l’“l:‘;»: 9 Y 4 15 Maracaibo Oil Exp Sparks-Withington. 3 %l Rush for Gold Stocks. econocmic deal may have caused the 5 Am Internationa . s e “o:‘{'fl"f \(‘{‘J" ). ’ 3 1 Marine Midl'd (40¢). Spencer Kellogg (60c; Y L 9% + u{ In any cvent there was a concerted upturn. The replacement demand is E Am La France & F. .. 4 o [i"_,;o“'j'whi{d " - s Market Street Ry . Sperry Corp . - 6% — 1, rush to accumulaie gold stocks. Dome given a lot of credit. The business Am La France&F pf. 8 7 _ ";mn_'%h“d-!s Spie; May Stern 3 9 411, | Mines was the leader, Trossing 35 to cycle was due to_swing upward again, 7 Am Locomotive. ... . A iy ooy Standard Brands (1). “ — &' a new high, followed by Alaska Juneau, economists say. It may be a combina- Am Mach&Fdy (§0¢) o ot Stand Brands pf (7). g | which duplicated its old high half-way tion of a thousand different factors. Be Am Mach & Metals A L : ~ Stand Com Tobaceo. 7 1 | through the last hour. McIntyre Min- that as it m: the big point is that Am Mach & Met ct & Stand Gas & Elec. ... 42 9 '3, ing was in active demand and Home- the recovery is progressing rapidly. The 2 Am Metals. 5 ¢ % % : . 2 d t 5 2 4 - Stand Gas & Elec pf. 7 b 7u | stake at 250, the blue chip of the group, headlines prove it. i 5% Am Metals pf o Som e el 1 2% 2 Mengel Co. 3 2% 12 % Stand Invest Corp... 2% + ' |was up 14 points. th American’s Output Gains. ::: ;\‘e\::r‘é Light ) 3 7 pf. E 3 32 31 .::Ln‘».; l“l;:‘xl-”;e e . 9 s_‘vam: :‘:;ll :'f;c'a;”)”" 29 39 3 % This demonstration brought buying in Frank L. Dame, president of the| g Am &L $5 pf (1%). 2! ec Storace Rat (2). 4 ; % Misoi Gopper:. Sterling Becdri(A) : : h‘;llszl;e ‘r‘n};nzalt."t%ckso.lmyc‘?’(xangec:nu:: North American Co.. of which the Po- Am P&L $6 nf (1% 31k Horn Coal. . . 2 4 % Mid Continent Pe Sterling So | - 80, & DO ment, 1 Electric Power Co, and the P (1%). 4 ¥k Horn Coal pf v ling Secur pf. and_establishing new highs for Ana- Wathinaton Railway & Electric Co, are AT adiator. PR AlcottTohn o 9 9 g . Midland Steel Prod. . Stewart Warner. 9 k% conda and Kennecott. units, reports that there has been | o o e s 4 Engineers Pub Sve. .- B Tty Lol i Sione® Webster | The early irregularity in the market| e i v t in electric output A = P o EngPS5% pf...... . e S el as a whole was explainable by the steady improvemen I ‘Am Ship & Com 4 Minn Moline Pow pf Studebaker Corp'pt. . 4 " . in the last two months, when ordinar- Am Shipbuildin 3 Equitable Of Bld (1). 3 3 M &S 3 P - prcminence given to the warning of| ily a seasonal declire is to be expected. e e Sz =i Erie R R 5 201 2 etn St Louis . 5 ¥ 3 |the industrial administrator that s Commenting on the quarterly output re- R omERet o 39% 36 9 Frie R R Tt pf. e larger buying power on the part of the. port. just issued, he said: AN aRrtTe 4 % Erile RR2Apf......v 5 Misrs SiB consumer was essential if the recovery “Output for the second quarter of e A SteT B e 5 » Eureka Va Cleaner. . 3 MOKas T 4 2 it i act was to function. His use of the 1933 totaled approximately 1,073.000.- ey s i 5 25+ % ans Auto Prod. ... 4 4 o SR words “new collapse,” although quali- 000 kilowatt hours, an increase of 1 per 6 A e L = 5 ; ’ N e fied, was not calculated to encourage cent over the second quarter of 1932 AD Smatradob.. . : S frbank : ; & e Aol Telautogranh (1). bullish enthusiasm. In reversal of the unusual seasonal AnTdeTa o 9 AT : ] N Msol Dacc it Tennessee Corp. ... . There were numerous exceptions, trend, the figure for the quarter just A 2 % 4 Fediral Mot Trich. M Gt Texas Corp (1)...... 7 however, to the reaction. if it may be ended wos also 1°per cent in excess of | 1% A Mobaceo P. 19 9 91 ot BedsralMotimok 5 Monsanto-Ch (1%).. 17 Tex Gulf Sulphur(1) {called that. General Electric, which that for the first three months of this | 1] = z = 5 % Fed Water Service A 5 s % Montsomery Ward.. 163 Tex Pacific Coal&OiL. | o strong in the last half| year, marking the first time in three spf. 3 St : : Mother Lode. .. Tex Pacific Land Tr. | h dav, was bid up again aggres- years that the output has been larger e M ‘ § Flasiits Phoen 1200, Thatcher Mfg Co sively to the bes of the recovery ahove, .in the second quarter than in the first. vat Wks ctfs Firestone T&R(400) Thermoid Co. 9 g $20 a shore. Woolworth crossed 50, “Total output for the six months ard Am ::‘al W 1st pf(6). ¥ 5 = = F::—olxg}:i TS ‘p“zl- Third Avenue 8 9 for the first time and was the leader of| PN R T Am Wooten ; 0% 43 First Nat Strs (214) . TasatiIny bRsc. | the merchandising stocks. 000,000 kilowatt hours, respectively. be- Am Writ Paper ctfs. 4 6 — % e Sndacrs Thompson Products. Radio Is Feature. 4 Thompson Starrett. . The declines were most apparent| : =] 13 Am Writ Paper pt ing lower in both czses than for the 3 perpf... foun lon 5 ed June 9° Am Zine & Lead Fourth Nat o ide W i correspond periods ended June 30. i . B Tide Water Asso Oil. in J. I Case, Allie ri- 1932. The upturn began in May, this Am Zine & Lead pf ot gt Tide Water Asso pf.. 345 can_Can, Uniwdllgirfr}z‘?;m:ra]ld ?nm:}:e year, with an increase of 2 per cent! 20% 5 Anaconda Copper. ‘ w2 et fhd ; ' Nat Bella Hess pf. : 14 Timken-Detroit Axle a ) steel stocks, which. however, rallied be- “over Mav. 1932 Tn June there was in- | 1 Anaconda Wire&C.1 2 15y 319 FullerCoprpf...... : 605 Nat Biscult (2.30), 5 Timken Bearing 60c. fore the end. Nash Motors responded crease of 53, ver cent, comya;od with Anchor Cap (60c). 7 » 3 6 Nat Cash Reg (A) P 2 Transamerica Corp. . to the resumption in dividends by forg-| Jurc. 1932, the final week in June| 29 9 2715 — 615 Gamewell Co Nat Dairy Prod 1. 2 : Transue & Williams. ing zhead. Other motor stocks were) showing an improvement of 9 per cent Armo:xr 05 Del pf (7) 2 Gen Am Investors Nat Dept Stores. 5 P P 2 Tri-Contl Corp . steady, but that was about all. over the corresponding week of 1932. Armour of Il (A)... “ H 5 « Gen Am Inv pf ww 6. Nat Dept Strs 1st pf., K Trico Products(21). Radio was the feature in the last| “Th~ princinal g2in duricg «hflylas! Armour of 11 (B). 32 3 3 3% Gen Am Trans (1) 59 57w Nat Distillers. . 3 Truax Traer Coal. 3 3 4 quarter cf an hour. when 35.000 shares| two months has been in clecmd{nE f\:;r _ Armour of Il pf. E 3 221 5% Gen Asphalt 2 2 Nat Lead pf A ( 23 2 23 Truseon Steel....... 5 sold in cne block at 12, the best of thel industrial use. and the output of sub- Arrnold Constable. .. 3 Gen Baki 9% 191 19% % Nat Pwr & Lt (1) y Twin City Rap Tran. 3 year, up a point on the day. Gold sidiaries of the North American Co. re- 3 Art Metal Construct. 97 Gen Bron 3 3 at Ry Mex Ist pf. : 2u % Twin City Rap Tr pf. ok carie ownh Tie et It o flects the increased néar]:x'fi?“ctat:lr]:xem == Sl it 3 Gen Cable. 3 9 g 9 9 1 Nat Ity Mex 2d pf. .. 1 “|T6% % Ulen&Co........... realizing. but it was well absorbed. . 2l S. it Pl A - ¥ b] . o4 A D SR ion Baz & Paper. . 7 G lven out until nearly noon. IOW¢ Friday Sees Rapid Price Rise. e i o| 48% 29 GenCig: : B 43 3 Bt Dt mucety 57 Union Carb & C (1).. David Friday, Washington econ-| 3j: Atlantic Refining (1) . A 'y 908 30w 2R% a0 e ey g omist. declares that the most cheer- Atlas Powder pf (6). 5 p % Gen El b s . 1 vewport Industries.. Union Pacific (6) . ful outlook for bankers lies in the At T B Gen Elec spec (60c). e 12 NY Central.. Union Pacific pt (4) r KETS 'S L = 4 Tack. « Gen Foods (1.60).... 9 R " 25 2 Y Ch o & St . % Ul C; rapid rise in commodity prices. which Aubarn Auto (2. T ; A Ca ‘ e NYCR ATt R s = onfidentlv expects will continue. | 13 h ietal ety . 5 e J = Ie contienls cxbects Mo Shontiny f : [ 0 | | 87X Y e nited B 1335 2231 | NEW YORK BANK STOCKS ‘he savs: 'y Baldwin Locomot. 9 ¢ 163 Gen M5 (3) .. .22: 5 p e o : ’ NEW —Over. “What the bankers may look forward 5 Baldwin Locomot pf. 2 Gen Mills pf (6) N T 9 O ey g to with confidence is an upward move- Baltimore 3 5 10 Gen Motors (1 21, 32 5 ] i :.";l ‘,;""’ Caliiotoe il Spene " ment in ccmmodity prices in the years | 3¢ Baltimore & Ohio pf. 4 Gen Motors pf 3 921 92 3 ¥ Ont & Western ey (Quotations as of 11 o'clock.) ahead. This will produce a situation Rang & Aroost : 93 fi 4 215 Gen Outdoor Ad 5 cd 9 Y Railways pf. et Banks. PR ears S = . S 2 Gen Public Service. Lk of business o lsi‘fier;‘?daégQZ-wa?s‘f;fi mrn;dallCnrn 3 i 9 Gen Ry Signal (1) 7 5 32 7 Noranda (hilc) were years of prosperity 2 9 Bayuk Cizars 9 7 i Gen Realty & Util. .. ; : 3 Norfolk Southe *'S Expres for_bankers.” j i Beatrice Creamers 5 n Realty & Util pf. 2 Norfolk & West (1 U S & Forn Secur ‘Writing of the forces hou;ld t{;cgsr tg 7 Beech-Nut Pkg (3).. 66 Gen Refractories. ... 5 19 3 4 North Am Aviation 4 8 " USGypsum (1)..... :nb:r‘:‘t ,,“ov;;"*a""%fil’fs'fi“'fi‘i“ea%s-’" 2 34 g::dx:_zfil)irpr?l’:\fn;v;y 4 y Gillette Saf Raz (1). 105 174 16) ‘ 6' 15% North Am (b8 %stk). 117 US Gypsum pf (7). T b saym: L0 g 3 NRy X ? Gimbel Bros 3 : 3 s Northern Pacific..... 6 s “They will not return immediately Bendix Aviation. 2 9% 2 3% Glidden Co. . 3 Norwalk Tire & Rub U8 ot Ao % to the level of 1920, as a result of the [ 3 Best & Co. : 5 R e Co arre s DS DiAlcoliol ooz factors determining the demand for| jq Bothlehem Steel. .. .. 5 Gobel (Adolf). . NG 5 S Leather ( gold and the supply of gold. But they | g» Bethlehem Steel pf : Gold Dust (1.20) Ciiner o U U S Pipe&Fdy ( ¥ will move rapidly toward that level dur- Blaw Knox 5 8 Goodrich (BF). Qminihus Goxg USD(F st ot Coos ing the first 18 months of the business| 4 Bohn Aluminum (1), 9 Goodrich (BF) pf... oy US Realty & Imp. ... revival, which has already begun. An 7 Borden Co (1.60). i Goodyear Tire&Rub. 104 Ot Bleyxtor ($8c) tney wiil continue to move toward that 515 Borg Warner. . : % Gotham Silk4lose. .. 5 Ofls Btedl .- level and may even rise above it over Boston & Maine 20 4 Graham-Paige 21, Otis Steel pr pf. the nest five to 10 years. : Botany Con Min (A). 3 4 4 74 Granby Consol 914 31% Owenslil lass (2).. “If actual inflationary steps B‘:f 3 Briggs MfgCo...... & 3 3 a % Grand Union. .. 9 9 9 1 Pacific Coast.... takc;x at was‘hfi"g;%’l’d hcl;m‘:carivt 2’1 :hé anhat Tran. 9 i 39 . Grand Union pf (3). T 3 1 Pacific Coast 2d pf. devalution of the L < e 8,0 g i Grant (W T) (1).... 3 3 20 Pacific Gas & El (2 dollar, the rise will be more raplfilfl%d 3 Bklyn Union Gas 3 3 Great Northern p! 4 — % 4 Pacific Lighting (3).. the ultimate level of prices will be : Brunswick-Balke. ... 8 51 Great Northern Ore B 6 Pacific Mills. ... . 4 Univ Leaf Tob (13). higher than it otherwise woul - Bruns Term & Rw 3 7 Cireat West Sugar. .. 213 65 Pacific Tel 7 : ' g y Univ Pictures 1st pf. Debits Reflect Business Advance. Bucyru Grigsby Grunow % Univ Pipe & Rad . FOR S A I E Aggregate debits in the 23 reporte Bucyrus-Erie v pf.. 3 s 1, Guantanamo Sugar.. 3 1, Panhandle Pro&Ref. 4 | UBhcone ing cities in the fifth Federal Reserve| 9% Budd (E G) Mfg. 3 ‘ 4 - % | "ZEn T8 Tck WatpfA TR . i .2 13 Par-Publix cts. 3 3 1% U Par bt (A). 2 6 % district. in the five weeks ended June 3 Budd (EG) Mfgpf 3 3 g Hahn Dept Stores. . . Park & Tilford. %% % Vadsco SalasCorpl. | 23 - 14, 1933, totaled $852,452.000, an in-| 5 Budd Wheel h Hahn Dept Stores pf. 7 VanaatiisCor... ; (s] lntere’t 1% Van Raalte. . . crease of $41.968.000, or 5.2 per cent, ‘ Bullard Co. , i 3% Hall W F Printing. 147 Van Raalte pf (sta). = VacCar Cremienl - JAMES F. SHEA over aggregate debits in the five pre- Bulova Watcl Hanna pf (7)... 3% Va-Car Chem 6% pf. ceding weeks, ended May 10, 1933, This| 207 B T 93 19 % | 22 Harbison & Walker.. increase reflects improvement in busi- Bush Terminal...... Y 4 Hat Corp (A). ness quring the past month. no sea- Butte Copper & Zinc. 7 Havana Elece R 6216 35% Va-Car Chem 7% p 2% + 3 643 Indiana Ave. N.W. Wabash R R. Wabash pf (A) sonal influences affecting debits at this Y Butte & Superior Hayes Body. Waldorf System. fime of year. Nineteen of the 23 cities Butterick Co. 4| s k Hay 5 Ward Bakioe If You Can Sell 45% Corn Products ( Loew's Inc pf ( . Loft Inc 3\ . Long Bell Lum (A).. Loose-Wiles Bis (2). Lorillard (P) (1.20). 2% Coty Inc....... 23 Cream of Wht {23, 214 Crosley Radio. ... 14% Crown Cork & Seal. 1 Crown Zellerbach. .. 5 Lorillard (P) pf (7). 9 Crucible Steel Louisiana Ol . % Cuba Co.... 3 4 Louisiana Oil pf. ... 114 Cuban-Am Sugar. A % Louls G & E1A (1%) = 8 203 Cudahy Packing 234 . ¢ 214 Louisville & Nash S Y % Am Az Chem (Del).. : 4 614 Curtis Publishin Ludlum Steel e ng:;‘g}“‘g“:f_]{‘..u“ely in 2 Note. . % 1% Curtlas-Wright. ... Ludlum Steel p! o 3t Am Beet Suzar...... % 2 Curtiss-Wright (A). e lants o i Am Beet Sugar pf. .. 4% Cutler Hammer S0 e e (), “Cotton Scores $3 a Bale 2 e T®% 1% Davega Stores. ..., 4 % McCrory Stores A Rise in Active Week.” Am Brake Sh pt (7).. : 5 1% Debenhams Security. T + 1% McCrory Stores B., “Business Revival Ranks Among QG 40% Deere & Co. 214 McCrory Stores pf. .. Am Car & Foun 6% Deere & Co pf (20¢) 3 McGraw Hill Pub. .. Most Spectacular in U. S. ] y History.” 5 AmGar 8 Bounlpt.- 37% Delaware & Hudson . 9 7 18 Mclntyre P M (t1%) BY GEORGE T. HUGHES. Speciz] Dipatch to The Star. NEW YORK, July 8.—Starting hesi- | tantly, tedey’s stock market soon turned uoward under the leadership of the 1 metal stocks and particularly the gold | mining shares. The first hour saw a good deal of realizing in the general list. The steels, the farm implement shares and the rails were the most sensitive, but more or less tiae whole list was lower. Then | demand “cevcicped for the gold stocks, which wer> iurned cver in enormous volume at ad 'ances which put some of | them to tke I 'shest of record. This sireng n in the gold stocks re- 2 228:Fs 8 3 v PSS T O PR 1o <P 4L+ 4+ 41 [EAES IR IR AT INEE L 2] .“.‘:"i’x“f‘ii& FE FEFERFFERET N 1410 FER 1 ~ PR F OEFE FEFEF Lbd4++44+ L4+ I ++ 001+ L+++ 1+ U444+ 1+ +1 (R RR S FELEEER 2L 444+ FEFTIE FFEEF 4| © L+ ++ 2 Motor Meter G& El.. 33 Motor Products 11 Motor Wheel. Mullins M1g. Mulli .. & FEER £ 144+ e VR ER I -~ + B [ AaBReSusSenn Y & Sl +41 ik [ 14 | an increase of 29.406 cars over the week] before and an increase of 145,793 cars over the same week a year ago. (Copyrisht. 1933.) 0400 oo | Liisit FEE FEEFEE XISES 410+ Chase (2) Commercial "¢ First National (100) . Manhattan (2) . | National City” (2) Public (2) .. Unit Piece Dye Wks.. 144 Trust Companies. ot Benkers' (3) ...... Brooklyn Trust (16) Central Hanover (*7). Chemical (1.80) Continental (1.20 Corn Exchange (1) 2) Empire Guaranty FESE FEE L+ U S Rubber 1st pf. . 5 US Smtg & Ref (1).. US Smtg&Ref pf 3% % United Stores (A). .. First Mortgages 4 *Includes extra. 14+ 11+ +1 4l L1 1Li++) FEE S 14144 sEFEs ' Pathe Exchange.. 1% Pathe Exchange (A). 5% Patino Mines. 5 3 Peerless Motor Car, 2515 Penick & Ford (1). 19% Penney (J C) (1.20). . Penn Coal & Coke. ... 3, Penn Dixie Cemen 13% Penna R R (50¢) . 65 Peop DrStpf (6%).. po P 4= 5 TLLl+ +4++4+1 PESIE FEFEER reported higher figures for the more Byers (A M). s3Iy % 5. Hescuicaibowder 1% t period, all of the larger centers | = 3 ¢ Freraievichoc 3y et Richmond being included in the alifornia Packing o st 19. ponvthe whole, textile centers re- Y% fjallahapénlr:cslzw y - i Holl ndcr S - Ward Baking 5 ereh ported the largest increases. ?:],x;,"‘;h“f;:[ S Homestake M (110). 41% Peoples Gas Chi (4) .. s gaklng_ pf(1). 1 ; . Securities In comparison with debits reported| J1 . GanndiiDrvGA ). | 32 Houdaille-Hersh (A) 3% Pere Marquette..... Warn Broa llv!ures. 9 o e et for five weeks ended June 15, 1932, the Canadian Pacific.... 122 5 4 Flouca e Jyershi) S JEcreiarqudtie il BC Norhmaes . e aa Y connection with our organiza- 23 cities showed a decline of $112.715.- ¥ Ganadian Bacles. 22 2 s R 2 e oMt ponem gl Warren Bros. ... et ction with our organiza- 000 during the 1933 period. a drop of e CLER IO 96 F g a Houston Oil (new).. 13 4 3 4 412 Phelps Dodge =2 T DracvDL .- tion—locates K was 8! 11.7 per cent. Six cities reported va;e e wiadtor 3¢ Howe Sound (40¢) 2 47 Phila Co pf (6) 1. Y Varren Found & P s and requiring the services of a higher figures for the later period.| a ess Gt 182 4 Tudson Manhattan. . 2 Phila Rapid Transit. L mafi with the training of a Greenville leading with a gain of 35.5 e 4 Hudson Man pf (5). . £ % 5 Ph Rapid Transit pf. VelIs Mo . high - type bond salesman. per cent. Durham increasing 243 per et il Hudson Motor Car. s 214 Phila & Read C&1. . T D (e 8 6 Pfle;:;mnent connection for the insi - 7.2 er cent, 2 e S p) A Ol .o - e cent, Winston-Salem 7 P Hupp Motors. . 8 Philip Morris&Co(1) :Vesl Pa Elec pf (6). 2 e o e xignhml, lmln_ West Pa Pwr Df (6).. L ; Western Dairy pf A. pin Address in confidence [ wreonIatann :( | S 1 ++ +441 15 4, Celotex pf 20s X 3 Charlotte 10.4 per cent, Danville 0.8} 12 > . = = s 4% Phillips Petroleum per cent and Charleston, W. Va.. 03| 7 Cent Aguirre (1%) 2 81 Illinois Central..... = 1% PlercoOil, ... 5 ve Bank | Cent RRof N J. Illinois Central pf Pl per cent. says the Federal Reserve Ban Century Rib Mills. 9 “ 9 Indian Refining. . % Pierce Oll pf... : F y i - : = Western Dairy pf B.. 3 & 9 e hnaon) Do : Cerro de Pasco. ... y Industrial Rayon (3) b R LR % . Western Maryland ; : BOX 298-T, Star Office Glesned in Fimamcll > Certafn-teed Prod 2 y Iagersol R (13%) 1% Pitts Screw & Bolt... 13 8 Western Pacific. 9 £ USSR FEEEF FEFF AR Columbia Gas & Electric Co. which Ches & Ohio (218).... Y Inland Steel 2 Pitts Steel pf Western Pacific pf supolics the Washingion Gas Light Co.| 5 Gheaas 6ak5 Corn ) % . y Inspiration Copper. s+ % e Western Union ; with natural gas, has declared a divi- % Chi & EasternIll.... nsuranshrs Del 15¢. 7 Westing'se Air . dend of 20 cents in 5 per cent con- Chi & Bastern 11 pE.. b % 1% Insuranshares (Md). : EittsUnilednt a ! Westinghouse Elec. . 222 * COMMERICAL NATIONAL vertible preferred stock on the com- ¢ 1% ChiGreat Western. .+ % Interboro Rap Tran.. “ ar Weston Elec Instru. . “ -4 BANK BLDG mon, the regular quarterly dividends 7 Chi Great Westn pf 5 5% Intercontl Rubber I’O)DI‘& Co (B) WestonElInstA..., . of $1.25 on the 5 per cent convertible Chi Mil St P & Pac. . ; Interlake Iron. ...... : o o e oD : 2 Westvaco Chl (40¢).. preferred, $1:50 on the 6 o3 Cenr‘ ang 2 Chi Mil StP & Pac pf. 5 A - in: :grgcu;;urm.f- % 3 Postal Tel&Cable pe. :\':eclllng Steel...... ‘ 14th & G Streets N.W. 1.25 on the 5 per cent preferre Chi & Northwestern. 5 nt Agriculture pi i ! Wheeling Steel pf. ... Stocks, 8l pvable August 15 to stock | 1 e e % Int Bs Siach (6.1 i 4 Pressed Steel Car, .. N hesNE St ‘ 2 Blocks to Commerce Dept. of record July 20. 24 Chi Preumatic Tool. % Int Carriers Ltd 20c. d R EReE s : Wilcox Oil & Gas. .. . . ; 8 Loews, Inc.. has declared the regu-| 3or &ys Chi bneu Tool bt ; Thi Conint - P 2 Producers & Refin. e A f:wwlmg‘llo”:;filzui"lr;: s Jar quarterly dividend of $1.6212 on the 27 Chi Rock 1 & Pac. % Int Harvester (60¢). : % ‘ Pub Sve N J (280). Wilson & Co. ... O bls . wallseswviced. T olfiee $6.50 preferred, payable August 15 to 2% Chi R 1& Pac 6% pf. 7 Int Hydro-Elec (A). g " Public Sve NJ pf (6). Wilson & Co (A)... X t most reasonable ‘stock of record July 31. 315 Chi R & Pac 7% pf. 7 Int Merchant Marine 4 % xvzlxmcan\gérp ?:) de Wilson & Co pf. . 3 # 9 Deposits Gain Here. 6% Chi Yellow Cab (1).. % ; Int Nickel ofCau. .. . A - : Pure Oil. . Wodlworth (2.40). ’ Rental Manager 5 Chick Cot Oil-(h50¢c). Int Paper pf.. 3 ¥ " 8 Worthington Pump.. 2 Washington _unrestricted banks will 2 Childs Company. 1 Int Paper & PWr (A) 8 O s Wor.h'n Pump pf A. . Mezzanine Floor Teport total deposits on June 30, 1933, 2 Chigeomn ; Int Paper & Pwr (B) —_— PP e o T Tan1195, over T Chrvsier Gorp. e %o 2 24 2, Fadiocorp..; H . A T ) BOSS AND PHELPS .357.02, Aol TW City Ice & Fuel (2) " e L Adinl orp > 40% 18 Yellow Truck pf. the aggregate deposits in these banks % City Stores. ..... 31 Int Printing Ink.. 1 614 Radio Corp pf (B). 18 3% Young Spr& Wire... 13 17% g . Managing Agents on December 31, 1932. 14 City Stores ctf; 4% Int Rys Cent Am pf. s 17y 1 Redio-Keith-Orph. The American Telephone & Telegraph| 1% 1 CO¥ COTES €0 13% IntSalt (1%). %~ %| 32 4% RR Sec Il Cent Stk. . 29 SR B Mannastown ST 1417 K N.W. Mol 390 Co. reports to the Interstate fom;l!we‘ Clark Equipment 24% Int Shoe (2). 2 5 Raybestos-Man (60¢) 2% % Zenith Radio. Commission May operating income ;3 4 Cluett-Peabody (1) 9% Int Silver... 62% 23% Reading Rwy (1) 8 3% Zonite Product: $591,931, compared with $553,688 in Coca-Cola (6) 24% Int Silver pf. 20% 5% Real Silk Hosiery Rights. May, 1952. The figures covering oper- e 5% Int Tel & Teleg. i 19% — %! 1813 11 Reis (R) & Co 1st pf. 151 . 2 WHETHER ating activties only, excluding dividends, Rl 1% Interstate Dept $t.. 4 v %| 10 21 Remington-Rand e i BRYTOOy Julx . [ 58 s % interest and other’ revenues. Colirit reacon Ol - 4 : 12 Interstate Dept St pf 341% 7% Rem Rand 1stpf..... DA s s SiYen 10 e, Shove table are the annual cash | & . R oo Pesera - Inermedte Sole g ron " 3 R ImepeCorn o PR 4 i s afe ey St 8 A First Trust Loan o ety 15% Colorado & Southern 45 23 Jewel Tea Co (3). Y £oMOror oL 5 a t B 5 on improved Real Estate Credit Banks’ 21 per cent debentures, 5 9 Columb G&E(bS0C). . 581 12% Johns-Manville. 3 1| 21% 4 RepublicSteel. 2% + % | R emsctal prelerred sioek. "¢ Payable in seri b oy Shis sevs. 5 % ing to Charles R. Dunn, fiscal i : according arles R. J Columbia Pict vte. 83 35 - Jones & Laugh p: INSURANCE agent. Col b Carbe 2) b e R R T T T = [ Postal receipts at 50 selected cities 4" Commereial Credit. dIC IV ECEST Lt B2 CHICAGO LIVE STOCK MARKET | kinds, 5.0026.00; grassy and short fea|4.60; heavier weights down to $4.25 and of any kind throughout the country for June, 1933, 7 Co Credit (A)... W 21% 6% Kans City Southern. 1 below; 140-190 pounds, 3.75a4.55; , | 8 showed an increase of $2982,251, oF ). il % 2% Kaufman Dept St. 3 CHICAGO, July 8 (P).—(United .| 350 downward: "edd ot packing soue, REAL ESTATE 13.55 per cent over the corresponding | Comcl Cred 15t(6%) . 2 5 6% Kayser (J) & Co States Department of Agriculture).— 3.65a4.00; few light weights above 4.00; i month in 1932. Comel Inv Trust (2) | Sk ey Spring Live. . 4. 4. = % Cattle—Receipts, 500 head; compsred J shippers ‘took 300; estimated holdover o sell” or_purchase ted State Bank Commissioner John J., g7 < 4 an Comel Inv oy p1(et) it &7 g INVESTMENT Ghingher has issued a call to Maryland A Comel Solv (60¢) Kinney (G R) Co in 1st Mortgage Notes State banks and trust companies for Comwlth & Southn. . statements of their condition as of Comwlth & Sou pf(6) Kresge Dept Stores. yearlings o Breigeins) -4 s adt : ] you d:tlre managed June 30. Congol-Nairn (60c).. Kress (S H) (f1). oe s o Congress Cigar (1) medi 14% Kroger Grocery (1). : . ;‘r.lmch. Consult e Consol CIgar....... Dividend Changes Improve. ConBl BT 1 Erops sters 40% n mbert Co (4). . L [vanci corn prices . . 3% Lee Rubber & Tire 9 9 tributing Floyd E. Davis Co. 5% Leh Port Cement. | FEE e U+ +4+ SEEF EF Kelvinator Corp. . Kendall Co pf (6). | close general market very uneven, due ! i ERE RERER BEsESS NEW YORK, July 8 (#).—Unfavor- Consol Film pf. able dividend changes this week num- Consol Gas NY(3.40) bered 28, or well below the average 1or Consol Gas NY pf(5) the last month, says Standard Statis- Consol Laundries. tics Co. The total for the previous weer 5 Consol Oil Corp. . was 37. Favorable revisions aggregated 1% Cons RR of Cuba pf. Jt‘eompu'ed with 23, % i . % Consol Textilessusen g +++1+ +++1 11 £ extreme top medium . o 34 Leh Port Cmt pf 315. 5 5 st 7. ‘pounds, SILVER QUOTATIONS. 733 12th Street N.W. 6 1 Lehigh Valley Coal.. long .55; NATIONAL 0353 121 2% Lehigh Val Coal pf.. . pract; 5.4 NEW YORK, July 8 (P—Bar silver ESTABLISHED OVER 40 . 2% 8% Lehigh Valley R Rua atects . Bith. welght, ghy . i firm, % highes st 4. =y z R i i 1+ ¥y