Evening Star Newspaper, January 8, 1935, Page 13

FINANCIA U. 5. BONDS GAIN AFTER HESITANCY Most Long-Term Treasury Loans Move Higher—Cor- porates Mixed. BY BERNARD S. 0'HARA, Acsociated Press Financial Writer. NEW YORK, January 8—After moving narrowly during the forenoon, United States Government issues strengthened in the late trading to- day. Corporate bonds continued in & mixed swing. Most of the long-term Treasury Joans improved under the lead of the various series of 33s, 3%s and 3s, in which gains amounted to 9/32 to 10/32 of a point. Home Owners’ Loan Corp. 2%s and Federal Farm issues rose 4/32 w /32, e TWO RESERVE BANKS CUT REDISCOUNT RATE By the Associated Press. The Federal reserve banks at Min- neapolis and Dallas have reduced their rediscount rate from 3 to 2! per cent, effective January 8. The reductlons‘ announced by the Federal Reserve Board, were in line with recent cheaper money policies. Washington Exchange SALES. Washington Rwy. &' Elec. 45—8$1,000 at 99%2. AFTER CALL. ‘Washington Gas 55 1958—$1,000 at 101%%. Potomac Electric 6s 1953—$1,000 at 110. ‘Washington Gas 6s 103%%. Potomac Electric 5'2% pfd.—1 at 111. Mergenthaler anotspe—s at 30. Bid and Asked Prices. BONDS. PUBLIC UTILITY. “B"—$500 at Asked. Am!r Tel. & Tel 4'a: Tel, & Tel: ctl. te AR R & L C!ID tal Traction R City & Suburban 5 Georgetown Gas 1 MISCELLANEOUS. Barber & Ross. Inc 35 Chevy Chase Club ol Country Club 5'2s per Mfg. 6. . GeFeBEd dlotace 5 STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) gamital, Transic Co . Ve S Sigamoat; ash, Gas Bower 07, bld Pot: Blec, Bwr, o127 bl Whash. Ry. & Elec_com Wash. Ry, & EL ofd. (5 NATIONAL BANK. ) Lk (3) Capital Liberty Lircoln Riggs com. Riggs pfd. (3 Washington (6) TRUST COMPANY Sec. & Tr. Co. (8)...° 14 N'"ns" & & st (6). SAVINGS BANK. Com. & Savings (4) FIRE msummc}: 8 Columbia (3! . S ™Betate *B.00) VIISC!LLANEOUS F haler Linotype. NS Bres & bl 16.50 Real Est. M. & G. ptd. apcumy s;griu o). o \Mild & ummn nm m Ex. dividend. 1(:'u INVESTMENT TRUSTS NEW YORK, January 8 (#).—New York Becurity Dealers’ Association: (Noon quotations.) Bid._ Asked. 14.67 Admin Nnfl ww o ‘Am Bankstoci A Banangnrs Bullock Fund Cumulative Tr Sk Corporate Trust Corporate Trust A A Corp Tr Corporate Trusz Accum Ser ceum, Ser mod SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Ams-chflmgr« Co. 55119’17 IB | LIBE I'I'V 'ONDI. 2.58. 8148 1932-47 1082‘ xoa 20 10824 13( ev l%ll . 10314 10812 10314 1933-38..103 23 103 21 10322 “l‘l 4 CH 38 “ld called.. 10127 10126 10126 TREASURY BONDS. 10112 1012 10112 10113 1011 10112 01028 102 1028 1024 10128 1023 3% s 1941, 1052 10426 1052 3148 1944-46 1036 1032 1035 33,5 1940-43 June 104 31 104 28 10431 335 1941-43 Mar. 104 31 10430 10431 10410 10410 10410 10711 1078 1079 1094 109 1094 10310 1034 10310 11313 1138 11312 FEDERAL FARM MORTGAGE BONDS. 331949.......... 9926 9922 9926 3% s 1964, ..10128 10119 10128 HOME OWNERS LOAN BONDS. 97 9625 9631 9929 9923 9928 +eee. 10030 10026 10030 FOREIGN BONDS. igh. Low. 2:88. aav, 37% 38% 98 98 98 92% 92 92% m 111% 112 9% 9T% 9 8914 93% 93% 93% 93% 94 Abitibi Pa&Pw 68 'S Adriatie Elec 7s ‘62 Akershus 6863 Antwerp 6s ‘68 Argentine 58 45 Argentine 635 62 Argentine 6s ‘57 A. Argentine 6s'58 B... Argentine 6s '59 June Argentine 6s ‘59 Oct. Argentine 63 '60 Oct. Argentine 6s 61 Febr Argentine 6s'61 May. Australia 4%s 56 Australia 55 ‘56 Australia bs 57 3 Austrian s 43 gtd... Austrian 7s '57. Belgium 6s '55. Belgium 6%s ‘4! Belgium 7s '56. 102% 104% Bergen City § 96 Bergen City 6s fi(l. Berlin Elec 6s ‘65 Berlin 61550 Berlin Elec 6%s ‘61 Berlin El Ry 6%s '66. Bolivia 78’5 Bolivia 75°69. Brisbane 5s '58. Brishane 6s '50. Buenes A 6s' ‘Buenos A6% . 104% . 1031 o 111% 1315 137 104'% 1034 111 13 1313 131y 13% 133 1314 Canada 4s ‘6 Canada 4%s ‘36 Canada 58 '52. Cauca Val w.- 46... Chile 656 Chile 6s " Chile 6s " Chile 6s Chile 6s " Chile 65 "6: Chile 7s "42. Chile Mortg Chile Mtg Bk 6 Chile Mtg Bk 6%s Chilean M L 78°60... Chin Govt Ry 58'51., Colombia 6s '61 Jan Colombia 6s 61 Oct. . Col Mtg Bk 6358 °47... Copenhagen 4%s '63. Copenhagen bs '52. Cordoba 7s'37 City. Cordoba 7s "42 Prv. Cuba 5% '45. Czechoslovakl 45 35% 36 2315 881 92 508 T4 : 2314 100 100 9315 93% 993, 99% 1027 1027% Denmark 4%s ‘62 Demark 5%s ‘65 Denmark 6s '42 0 | Parts Orl Ry b8 So. 435 107 ge"fl?.“?efiz Hum:" 55,3038 {o Gr. 4%s 1 Bikon £1. Tiluin is 10 Gen. Pet. Corp. 5s 1 Gen; Pub, gemce 5',;119 . Tel. ke Erfe & We 1 Em-h Valles Coal 65 1038 uisville & Nash. bs 1037 Michigan Central 4s 1940 New York Central 6s 1. N Y. Chi &St L. Wabash Rwy Co. Warner Bros. 68 1939. — . MONTREAL SILVER. A!. J.nu-ry a ). —!uver r%- aane “S4.01b. 005, b3 o % 35b Mgb,‘ December’ 56.75b. turu 0] g arch, pLember, - NEW YORK BAR SILVER. YNEW YORK, January 8 (P).—Bar silver easy, % lower at 54%. 2 | Santa F Arg 78'42 stp lec Pow Ger 6%s'53 Estonia 7s'67..... —_— Finland 6% '58.. Finland 6s ‘45. .. Finland 6348 '56 Finiand 7s ‘60 Frankfort 6148 ‘63... French Gov 7%8"¢1.. 36% 36% . 86 ¥6 4 100% 100% 104% 104% 10215 10215 100% 100% 28% 28Y% 187 187 61 61 51 51 40'; 40% 301 31% 4214 114% 9% 87% 31% 187% 61 511y Gelsenkirchen 6s 34 Ger C Bk Ag 6538 Ger Gen EIl 638 '40 German Gov b%s u. German Rep 7s * Great Br& Ir 6 37 Grt CElJap 6%s'50. Grt CEl Jap 7 Greek Gov 6s 85 2813 44 92 87 81 834 96% 32 9 100% 6 Haitl 6s '62...... Hamburg St 6s 46. Hungary 7%s ‘44.... Italy 7s°51. ItalCrdPW Ital PUCrd 78 '62... Japan 6%s '65. Japan 6%s '64.... Karstadt 6s'43...... Merid Elec 7557 A... Mer Water 6%s ‘60 Mex 45 '10-45 asst s. Mex st 55 °45 asst. Milan 6%8s ‘52 Minas Geraes 6148 Sept cou off. . Montecatini 78 '37... Montevideo 7s ‘562 11 82% 19% 93 41% New So Wal 100% 100% 100% New So Wales b: 100% 100% 100% Nor Ger Lloyd 6s'47. Norway bs 'n.‘. 1 6l 0 90 90 % 101% 101% 29 Norw Mun Bk bs 67, Nuremberg 68'52.... 80% 80% 995 99% 391 39% 159 159 Oriental Dev 6s°'63... Oslo 68 '55... . —_— Panama 5563 std asd. 139 1] Peru 60. Peru 6s°61 Poland 7s'417. Poland 8s '50. 5 Por A 7%s'66Jul ¢ oft Prussia 6% 118% 119 118% 20 20 20 30% 30 30 Rhein Ruhr 6 Rhine W El P 6s°52., Rio Gr do Sul 65’68 June cou off. .. Rio Gr do Sul 8s '46.. Riode Jan 6%s '63 33y 41% 18%, 20 32% 41% 18% 20 33% 41% 18% 20 17% 17% 8415 84% 84% Royal Dutch «+ 136% 136% 136% Rumania 7s ‘69 Aug coupon oft. — Sao Paulo St 78 '40... Serbs 78’62 unm ¢ on. Sydney 6%s Tokio 6%s '61 Teklo El Lt Trondhjem 6%s l'l. . Tyrol Hy El 78 '52 Feb coup on... Tyrol Hy E1 7%s'55 Nov coup on... UnStl Wk6%s'4TA. Un Stl Wk 6%8°'51 A Unterelb P & L 663, Uruguay Uruguay 6s Uruguay Warsaw 7s ‘68. Westphal El P Wuertemberg Yokahama 61.... 82% DOMESTIC BONDS. Abr & Straus 6%s'43. 103% 103% 103% Alb&Sus 3%s ‘46 gtd. 100“ 100!6 IWM 82% 25 25% 25% 3 2 Received by Private Wire Direct to The Evening Star, Alleg Val 4s'42.. Allis Chalm bs ‘37 Am Chain 6s'38...... Am & For Pw 682030 594 Am1GChb%s 1 Am Intl 6% 86% Am Mach & F 103 Am Roll M 63 Am Smelt & R 104% 103% 109 .o 111% s '66.. 112 112% Am Type Fd 6s'40cfs. 33 Am Wat Wks b8 "4¢ 4% Am Wat Wks 6s°75,, 75% Am Writ Pap 26 . 102% 102% . 107% A T&S Fe gn 45895 rg 106% &S Fead 4#°95st. 10214 . 101% . 108 101 82% fi2Va 107% Baldwin Loco 58 ‘40.. 102% Bal & Ohlo 1st 45°48. 102% Bal & Ohto 4%8°60... 60% Bal & Ohio 8. 107% Bal&Oref6s'905A.. 7% Bal & Ohlo 6% Bal & O ref C.. B&O PLE&WV 4s 4l Bal & O Swn s 5 Bal & O Toledo 4s '59. Bang & Aroos 4s ‘61.. 100% Bang&Aroos cv 4s'51. 104 Bang & Aroos 5s°43.. 110 Bell T of Pa 5s 48 B.. 114% Bell T of Pa 5860 C.. 1181 Beneficial L6s "46. 7 Beth Stl p m 6s 36 Beth Stl rf db 5s ‘4. Boston & Me 58 '65... Boston & Me 58°67... Bklyn Cy R R 68 °41.. Bklyn Edis 5549 A.. Bklyn M T 6s°68 A... 105 Bklyn Union El 55 '60 101'% Bklyn Un G rf 6s'47, 123'% Bklyn Un Gas 65 '50.. 104% BR&Pcon 4%s'5 Buft R & P 5537 reg mw BCR& N bs'34 ctfs, Bush Term 1st 4s'52. Bush Term cn Bush T Bldg 5s ‘60 By-Prod Ck 5%s '45. Atl Refin deb il 37 _—___.._—__.____. Calif Pet 6539 . 1024 Can Nat Rys 43s'51. 113% Can Nat Rys 4348 '54. 1033 Can Nat Rys 4%8 '57. 112% Can Nat Rys 438 °68. 104% Can Nat 5s’69 July . 117 Can Nat §s "69 Oct Can Nor 43535 Can Nor deb 7s ‘4 Can Pac 415 60 Can Pac 5s 44 ctfs Can Pac 55 6. CaroCl & O 6s'52 Cent of Ga con 5s'45. Cent of Ga 9C... Cent I E &G 5s 51.. Cent N Eng 45 '61. Cent N J gen bs ‘87 CentofNJ gn 5s'87rg. 104 Cent Pac 16t rf 45 '49. 9974 Cent Pac 6s°60. Cent R R B Ga 58 '37. Cent Steel 8s ‘41 Cert'd deb 6%s Chesap Corp b8 ‘47 C&O04%s'93 A, C&O4%s8'95 B. Chi & Alt ref 3s°'49 Chi B &Q gen 4s '68.. 108 ChiB&Q4%s'77... 106% Chi B& Qref5s'71.. 111% CB&Q Il div3i%s 49 1021 CB&QIIIdiv4s49... 10T Chi & E 111 65 51 914 ChiG L &Cbs'37. Chi Grt West 45 ° Chi Grt W 4s°59 stp. Chi In & L gen 58 '66. CM&StP gn 3% s'89B. CM&StP 4s'8Y.... CM&StP 4%s'89 E. CMStP & P53'75. ... CMStP&P adj 6s 2000 Chia& NW gn 3 Cht & NW gn 4s '87.. Chi & NW 43452037, C& NW 4%s2037C. Chi & NW 4% 49 Chi & NW gn 6s Chi & NW rf §s 2037, r W68 ll Childs Co 68" Chile Cop deb 55 °47.. CCC&StL gen 48°93. . CCC&StLrf 41%s'17E CCC&StL rf 65’63 D. CCC&StL ref 6s'41C.. 3, | CCC&SL StLdiv4s'90. CCC&StL C div 4s'39 103' Clev Un Ter 4%s°77. 907 ClevU Ter6s'73 B... 967 Clev U Ter 6%s 73 A. 103 Coal RR 45’4 Colon Oil 6s'38 Col G&E 6s ‘52 Mly.. ColG& E 58 '61. ColRPL1st 4%s 57 99 Com Inv Tr 6%8°49.. 110'/. Con Coal Md rf 6s'50. . Con Coal Md 68'60cf: Con Gas Chi 58 '36 Con Gas N Y 68 '67... 103% Con G NY 5%s'45 reg 105%3 it Container 6s CrownC&S 6s Crown Will P 6s°61.. 102% Cuba R R 1st 68°52.. 30% Cuba Nor RR 6%s'43 38% Cuban Cane P 6s‘60.. 1% Cumb T & T 68°37 Det Edison 43%: Ddge Br cvdb Donner St ref 7 DulSS& At 6s'37 Duqu Lt 1st 43¢ '67. — ECuba S7%8°37.... EIP&S Wref 5s'65. Eriecv4s'53 A... '42.. 102% 44 108% 10% 94 % Fran Sug 7%s'43.... 30% — Gannett 6s'43 Gen Am Inv 2 Gen Baking 6%8 ‘40 Gen Cable 5%8 47 9 95'% .. 109 Goody'r T & R 68'57. 105 Goth Silk Hos 6.. 9% Gr Tr'k of Can 36. 106% Gr Tr'k of Can 7s'40. 106% GtNRref4%s'61A. Gt N Rgen 4%s'76 D. Gt N R gen 4%58'77 E. GtNRgen6s'73C. GtNRy6%s'62B 6 Hudson Coal 68 °62. Hud & Man ref 68 ‘67, 884 b 58% 69 105% 106% 861 86% 103 108 111% 111% 104 104% 103% 103% 108% 109 111% 111% 111% 112 112% 112% 33 3 94U 9% % 6% 24% 24% 102 102 103% 103% 107% 1073% 106% 106% 102% 102% 101% 101% 107% 108 101 101 81% 82% 92 92 40 lfl'IV- 107% 102% 102% 102 102% 60 60% 107% 107! 7 71 4 10814 105 101 123% 104% 0% 103% 23% 83 46 102'% 113% 103% 112% 104% 116% 118% 20% 11% 10% 107% 106% 1067% 102% 102% 44 44 108 108% 3% T4 115% 115% 12% 12% 11% 11% 80% 30% 102 102% 102% 102% 891 89% 9 9 94% 95% 108% 109 104% 1056 96% 974 106'5 1063% 106% 106% 99% 99% 9% T9% 84% 90% 94% 4 64 68 96% 94 30 44% 87% , 1 High. Low. Hud & Man inc s '67. T11 Cent coll tr 48 2:585. ICCSt L NOB: . 8% 78 T8 Inland Stl 438578 A. 105% 1047% 105% Inland Stl Hfi K B. 105% 105% 105% Interlake 6s°51 Int Ag col 68 int Cement 6348 36 38% 2 A «nt GtNor adj 68'52A. 44, b4 Int Hydro E1 Int Pap ref 76% Y 135« 106% 105% 106! 101% 101 101% 47 46% 46% 102% 102% 102% 1085 108 1084 115% 118% 118‘9 98% 98% 981 631 6314 631 981 984 984 9% 9% 103 103 102% 102% 102% 78" 730 98 504 49% 50 54% 54 54 60 5815 59% 10515 105% 105% 116% 116% 116'% 131 130% 130'¢ 105% 105% 5103 10314 10214 102% 4 1275 127% 66'9 674 107% 107% 10415 104% 100% 100% 107% 107% 105 105 102 102 82 83y Kelly Spr Tire Kendall 6%8 48 ww. Kings C EL%P 58°37.. Kings Co Elev 45°49. Kings CoL1st6%s'54. % A Leh C&N 4%8'54C.. Leh Val C 58 '54. . L V Pa con 45 2008. .. L V Pacon ¢%s2003, L VRRcon bs2003.. Leh Val Ter §s Ligg & Myr Loew's 6s 41 Long Dock 6s Long Isl ref 4s 49 Lorrillard 7s '44 La & Ark 5 6! Loulsv G&E 58 °52 A. Lou & N unif 48'40.. Lou & N 482003 C. Lou & Nash 5s°37.. Lou & N 55 2003 B Lou & N P&M 4s 46 L&N So Mon jt 4s'52. M'Cro'yS5%s'41 filed. McKess & R 633 '60. Man Ry 4s ‘90 ctfs, Man Ry 2d 4s 2013 Marion St Sh 6s '47.. Market St Ry 78’40 A. Mead Co 6s'45.. Met Ed 1strf 4%s " ‘l Met Ed 1st rf 58 '53.. Mich Cent 3%s°62... Mich Cent 4158°79... Midvale St1&O 6s *36. Mil E] R&L rf 6s°71.. Mil Spa & N W 4547, M.StP&SSM cn 4s '3 Miss Cent 5s '44.. MoK &T 1st4s'9 MOK&T4s'62 R MOK&T4%s"78.. Mo K & T ad1 5s '67. Mo Pac 4 ‘15 Mo Pac 5 Mo Pac 28 77 F otfa Mo Pac 5s'78 G. Mo Pac 5s°81 1. Mo Pac 61&.'49 A Mont Cent 55 '3 Mont Pow ref 5! ‘I Mont Pow 5862 A Morris & Co 41;s ‘39 Mor & Esx 3% 2"00. Mor & Esx 4% Murray Body ll/.l 3 83 103 3 100% 100 96 96 102% 102% 80 80 50t 50 30% 31% 93 93y 87 87 60 61 62% 62% 3515 1043 104% NashC & St L 4s°78. Nat Dairy 548 48... NatR,M 414s ‘57 asst. National Steel §s '56. Newark C Gas 58 '48. Newb'ry (JJ) 5%s 40 9514 102% 5 107 113% 95 10213 5 106% 11315 lOI‘a New Or T&M 5. New Or T&M N YCent3%s'97... N Y Cent 3%s 97 reg NY Cent 4s'42. . N Y Cent con 45°98,.. Cref 4%s2013.. Cref4%s2013n Cent 55 2013. Cent deb 68 '35. Cent cv 68 '¢4 CMichC3 C&St L 1st C&St L 4% P Y LY X NY A 7 7613 5 T1% T0% 70% Conn 1st 433s°53 107 107 107 Conn 5s 53 B.... 1084 1085 108y ‘1. 61 45 109% 108% 109% 109 109 109 Edisref 6348 °41. 113 113% 1134 L&W 15t 48 73 100% 100% 100% H& H 31847 76%; o - - Y < * - Rys inc 68 65 Steam 1st 5 Sl. Steam 58 S&W 2d 4%8 31, . S&W gen 58°40. ', S&W Ter 5s'43. Y ‘Tel gen 48 ’ID. 4 81 105' 105% 105% - 105% 105% 105% 49% 49% 49% 50 50 50 99% 9913 991 109% 109% 109% 32 314 31% 66 66 665 3 39 39 19% 19% 19% 18 17% 174 108': 1082 10815 111% 111% 111% 821y 82 82 3 1B 79% 9% 9% 10 105% 105% 75 5% 103“) 103% 1032 z‘zzzzzzzzzzzzzx7zzzzzzzz¢zzz7zzzzv -’4-4»4-1-«04-1-1-45131-4'4'<-<»<<-4-<-<-<><u<'0< Norf Sou 1st b8 '44. Norf So 1st ref §s 61. Norf S1st ref5s’6lcfs Norf & W div 4s ‘44.. Norf & W 18t 48°9 No Am Co6s'61..... Nor Am Ed 5569 C.. Nor Am Ed 5128 '63.. Nor OT & L 6847, Nor Pac 4s'97.. Nor Pacific 45’97 reg. 100 100 100 . 891 8915 891 95% 95% 95% 95 94% 94% Nor Pac 6s 2047...... 102 101% 102 Nor Sts P 1st 58’41 A 103% 103% 103% Nor Sts P6s’41B.... 106 106 106 OreRR&N s’4 1064 106% 106% Ore-WRR&N 1021 102% 10215 Otis Steel 6s'41..... 73% 73% 3% —— 36% 3614 36% 10614 106% 106% 106% 1067 1067 1114 111% 111 Par F La 68 47 ctfs.. 61% 61% 61} Par F La 6347 flled. 62} 60% 6212 Par Pbx 6%s '50 ctfs. 61% 61% 1%8°50 flled 6215 61% 6214 Park-Lx 648 ‘53 ctfs. 1714 Parmelee 65 44...... 26 Penn R R cn 45'48stp. 108% 108% 108% Penn R R 4%s'81 D.. 101% 101 1013 Peno RR4%s'84... ww. 100% 101 Penn R Rcn ¢%s Penn R R gn 4% ‘6 107% 107% 107% 81% 81 81 105% 106 105% 110 110 110 3% 73% Phila Co 68 '67 Phila El Co ¢8 Phila E1 Co 4%s Phila& RC&1 Phila& RC& 1 49 52% 52 524 Phillips Pet 6%s'39. 102 101% 101% Pillsbury FI M 6s°'43. 108 108 108 PCCC&StL 4%8'17C 106% 106‘/4 lM% Pitts&WVa 424s'68A. Pitts&WVa 4% s'60C. 67% ss% o'm Port Gen Ei 4%s 60. 51% 51% 51% Port Gen KK 4%m'60as 52 51% B51% Port Gen El 1st 55 '36 98% 98% Porto Rico A T 3, 52% 52 Postal Tel & C6s°63. 47% 47 474 Pub S El1 & G 45°71. .. 105% 105% 105% PubSEI&G 4%s°67. 108 107% 108 Pure Oil 5%8'37..... 101 100% 101 Pure Oi1 6% + 100% 100 100% Purity Bak 891 894 89% i — Reading 4%8'97 A... 108% 107% 108% a 1 TUESDAY, JANUARY 8 ONDS ON NEW YORK STOCK EXCHANGE igh. Low. 2:55. Reading 438’97 B... 101% lM* 1075 Reading Jer C le-Rd ‘%l""‘w'. 99% m m Rep I & St15840..... 104 103% lN RepI&St15%s'63A. 99 99 48 lo‘ll‘ 101% 101% K ll% RG W 1st ex in4 76 '15 RochG&ES%s 107% lo'lh 107% StL IM&S R&G 4533, StLRM&P 58’65, StLSWls'4s'89. StLSWgenrf StLS W 1stTerss'sa. StPKCSL4%s 41, St P M&M ext 55°43.. 107 1067% St P U Depref 55°72. 114% 114% San A & A Pass4s'43 84% 84y 101 101 8% 8% 1% 11 9% 9% 4 4 871 874 103% 103% 1021 102% 17% Sea A-Fla 68°35 Acf: Sharon S H 6%s 48 Shell Pipe L 68°62. Shell Un Oil 5847 Sierra & S F' P b 105 106 Silesian Am 7s°41... 534 53% Sine Con O 615 °38 B. 103% 103% Sinc Con O 7837 A, 103 Skelly Oll 6%s ‘39 SoBellT& T 6s 1 484 « 104 100% StL-SF 48'60 StL-SF 4% StL-SF4% 78 of at. StL-SF6s60B.. St L-S F 55 °50 B cf: So Pac 4%s'81. So Pac Ore %877 0% So Pac S F Ter 43 '50. 101% So Ry gen 4866 A So Ry 6s°94 So Ry M &O Stand OIINJ Stand OfIN Y Studebaker e Studevaker 6s’ 12(:(!.. 67 67 102% 102'% 1104 103l 4814 47 48 4% TennC&1R R 5s°51 115% 115% Tenn EI Pwr6s'47A. 92 91% Term As St L 4%:5°39 108% 108% 108% . 93 93% Texarkana 6%s ‘50 Tex Corp cv 58 44.... Texas& N O 58°43... Tex & Pac 6579 C. Tex & Pac 6i Tex&P M P T 6%s 4 ‘Third Av ref 4. 0 Third Av 1st Tob Pr NJ 6%s Tol & Ohio gen 101% 107 116% 100% 10814 United Drug 6s°63... U S Rubber bs '47 Univ Pipe & R 6s 5 Utll P & L 68°59 ww. Ut P& L5%8'47... Vanadium cv s °41.. va .I&Pcvbv,- 2. Va Ry 4%8°62B.. “lblnh 4%s T8, 39 Wabash 6%s ‘75. Walworth 6845 A... Walw’'th 6%8 '35 ww. Warn Bros cv 6s '39., Warner Quin 6s°39.. Warren Brev 6s'41.. Wash W P 1st 55°39. W Pa P1st 55’66 G.. W Sh 1st4s 2361 gtd. . W Sh 1st 45 2361 reg. West El deb b3 "44. t Md 15t 43 '52 t Md 5%8 17 W N Y&Plllfl!‘l’l West Pac 5346 A. w Un col tr 5s '38. Wi Un6s'51. West Un 63 '6 V/est Un 6%s '36 Wh & L E§s 66 B. Wheel Stl 434563 Wheel St15%5'48 A. W Sp Stlcon 78 ‘35 ct. Wilson&Co 1st 63 '41. Youngtn S&T 68'78A. Youngtn S&T 5s'70B. 101% 101% 104 104 95 93y 102 101% 11% 107 1087% 108’5 9% 97U 98 974 EGG QUOTATIONS 102‘ 98 IRREGULAR HERE Government Grades Down V2 to 1 Cent—Poultry Prices Higher. Egg .quotations were irregular on the Washington produce market today and sentiment was generally easy. ‘Government-graded eggs declined one- half to a cent mostly. Supplies of un- dergrades were scarce and best quality of current receipts brought a cent more., Live poultry was steady to firm and prices generally advanced a cent. Sup- plies were light. The summary with egg, live poultry, fruit and vegetable prices furnished by the Department of Agriculture follows: BUTTER.-One-pound brints (02 score). 3 1-pound prints (90 csore). pound prints (88 score), 31 mi-s—aeef L2817 veal. 1321 boon Dot azen, T80 K- HolsA lllhl. 5 eav. 0088 00 uons 00; calives, lambs. EGGS—Market _irre, Vit ment generally easy. Prices mostly 'z to 1¢ lower on Government graded cxss. Sup- ades scarce and best’ qual- currenz receipts. Gover nmrnt sullV? lurl;;mv—uarke% steady to firm. upplies light “and Supplies MERt, 2%icher Powt: Cowored. large 16al7: mediums, 13al4; 11al2; _roosters. mouth’ Rocks. ail si ers. lElld Sprini Rocks, 19a20. Fruits and Vegetables. Sales in large lots by original receivers nA‘l"’? ng ‘Washington arrived; one broken and two unbroken cars on track. Bushels: Supplies moderaie, demand light, market dull. Virginia, Staymans, U. 8. 1, 2Y-incl ml_nlmum 100 1.15: 3581 Pisaris a1.26; 23-inch .65a1. 75 1. ..V -inch mlnlmum 85 s. No. -inch minimum, 8 -incl - fneh minigum. 1 35140 Golden Delicious, U, No. '1. ‘2 mmlmu 1.25; 2%-inch minimum, 1.50: 3%cinch minimum. 1.6581.75 Wine: 8. No. 1, 2%-inch mlnlmu?b B X Nl Al fi:“‘"d:? ‘stock raiiged B0a1.00 utility. 78 al25. accordin condition. Commo fancy ar ination. ext nncy oAl 88t C rade, 1508 combin: tra fancy and hne B850 © srade. T60a1.75: Romes h:u‘ bination ext: 65% l 65 2 | building operations were extensive. 11 | pared with a loss of 119,342 in 1933 i 1087% 974 1935. FINANCIA BUILDING CLIMBS |LARGEST BANKS SHARPLY N SOUTH Construction Awards Reach|Chase and National City . Highest Mark in Three Years During 1934.. By the Associated Pre: BALTIMORE, January 8.—Con- struction contracts awarded in 16 Southern States during 1934 resched the highest total in thres years, the Manufacturers’ Record reported. The aggregate of $509,874,000 ex- ceeded the 1933 total by 34 per cent and the 1932 figures by 19 per cent, the report said. This record was set despite a sharp falling off of contract awards in De- cember from the high mark of $55,- 625,000 set up last Novemper. The December total was given as $32,092,- 000, which also was a drop of 7 per tlzent from the amount for December, Of the total awards for 1934 road, paving and bridge contracts led all other construction activities with an aggregate of $191,304,000. Industrial and engineering projects ranked a close second with awards totaling $185,284,000. The 12-month total for public building work was $99.500,000, while general building awards in 1934 ran to $33,786,000. Pointing out that many State leg- islatures will convene this month, the report predicted greater advances in highway construction in line with new Federal regulations. The end of 1934 found large sums being expended in industrial expan- sion, the report said. Besides invest- ments in new plant construction, numerous factories turning out a di- versity of products were being mod- ernized and rehabilitated. Levee, revetment and sea wall con- struction loomed large in the South’s 1934 building program, as Southern waterways were improved to facilitate navigation. School buildings figured prominent- ly in the 1934 program, awards for this class of construction totaling | $31,927,000. General construction—all privately financed—Ilast year kept pace with other building, residential projects dominating this class of work. Store REOPENING 0F DANVILLE TOBACCO MARKET DUE| Special Dispatch to The Star. DANVILLE, Va., January 8.—The | Danville tobacco market will resume sales next Monday with uncertainty prevailing as to how long operations | will continue. The belief is, how- | ever, that it will close about the middle or end of February, this to be determined by the volume of leaf. It is believed that very little of the crop remains. BELL SYSTEM REPORTS 298,000 MORE PHONES |4 By the Associated Press. NEW YORK, January D—The Associated Bell System had a net gain | of 208,000 telephones in 1934, it was announced by the American Tele- phone & Telegraph Co. In 1933 the REPORT INCREASES, - Heads Give Deposits Credit for Higher Earnings. By the Associated Press. NEW YORK, January 8.—Stock- holders controlling over $3,600,000,000 of assets received annual reports from their officers today, as the two largest banks of the country, the Chase Na- tional and the National City, held their yearly meetings. ‘Winthrop W. Aldrich, chairman of the board of the Chase National Bank, reported net earnings of the institu- tion for 1934 at $16,509,309, with no special reserves or charge-offs made during the year, compared with net of $11,470,000 after $13,828,094 write- offs and reserves in the previous year. Reporting to shareholders of the Na- tional City Bank, James H. Perkins, chairman of the board, set profits of the institution for the year at $14,- 623,463 after allowing for special re- serves of $2,405,000. This was an im- provement of $2,112,255 over the re- Sults for 1933. Net earnings of City Bank-Farmers Trust Co., an affiliate, were reported to be $1,322,868, a gain of $311,630 over the previous year. Heads of these large institutions pointed to substantial rises in deposits during the year as a factor adding to bank earnings difficulties because of the lack of suitable investment chan- nels. In both cases Government ge- curities were bought in large quanti- ties to employ the increased deposits. Total deposits of Chase National rose $345,000,000 during the year to $1,709,800,000, while holdings of Gov- ernment and Federally guaranteed is- sues increased $296,370,000. National City’s deposits, at $1,395,000,000, were $278,000,000 above those at the end of 1933, while United States cbligations were $203,000,000 higher at $431,- 000,000, — [NEW YORK BANK STOCKS NEW YORK. January 8 (7.—New York Security Dealers’ Association (Quotations as of 2 o'clock.) Bid. Asked Bank of M:\nh (1'2) Bankers) Tr ) Bk & Tr (ha).. Chase Nat (1 ilh Chem Bk & Tr (1.&0) Commercial (&) ... Cont Bk & Tr (80 | Zorn Ex Bk & T (3) Empire Tr (1) Puth Ave (34a) Eirst Boston Cnru Irving Tr (1) Manufacturer's Tr ( Natl City (1) .. N'Y Trust 5)° ] Public_ Title G & United 8t Tr (Giai: (a) Including extras, FEDERAL LAND BANKS NEW YORK Janusry 8 (P.—Federal Land Bank bonds: (Noon qumllmns ) Nov. 05 1655 55 May 4'is Jan., -I‘As Jln & 1 1001 101 10013 101 101 1013 system had a net loss of 630,000 sta- tions. For December there was a net in- s credSe of 21.200 stations, against a | gain of 13,000 in the same month in 1933. New York Telephone Co. reported 1 Toss of 335 stations for 1934, com: - BAUM'S—1416 Eye St. N.W. HEADQUARTERS For Office Furniture and Equipment NAt 2184 PRODUCE EXCHANGE YORK. January 8 (@.— Exchones Stock e e™ 8 UP.—Froduce (Noon Quotations.) Hi h & Dist vio 2B 10 """i‘. bnc-che la _Poudre 1<' 1Cent Am Mns 0 50 Climax y 3Kilaun M 1 1 Petrol “Dériv 11 Tex Gulf Prod x 1 Willys Overl . BONDS (Acts 17000 Shamrock 6s x—Listed. FOREIGN EXCHANGES. (Reported by W B Hibbs & Co.) London. pound. Paris. franc h. fr Athens drachma Madrid, peseta Vienna, schilling Stockholm. Montreal 7% premitm Market Averages Complled by th' Associated Press. Movement of leoen !e-u. Low 1752 8.72 238 H' h 146 Pfl 15'5 88 184 "8 l: 16.91 7. 87 H 1.8] 20 o Rail mu hmm > 9 - u Year azo 48.0. 4581 40.01 ¥R 10708 Ten Lot Month_ago 108.3 44-5 High 1m§ 44 193 ‘] ¢ 833 Iov: 8637 1038 Hioh. 1043 PROPERTY M OUR Property Management well cient apartment The B. 925 15th St. N.W. Natl. 2100 MORTGAG SHAD ROE WITH BACON | (Since 1858.) - L. REPORT OF GOND OF THE East Washington Savings Washington. D. C.. at the close of business on December 31 1934. istrct No. 5. ON ..$650.186.69 Government obligations. direct and, or fully guaranteed Other bonds. stocks and ities 92,586.20 secur! 38.637.50 6. B 25.000.00 } Kin; 11.730.00 Cnh i3 vnull nnfl buluncu with other 159.550.15 Other assets 3.102.12 Total assets...oo...$980,801.66 LIABILITIES. . Time deposits, exept stal ublic eposits of . e .. $770,085.51 Ks. including cer cashiers’ checks standiny ‘Total of out- ng 1.925.00 mm ‘15 to’ 19} ock. 10000 shares. par $10.00" per h: 100.000.00 .*166:000.00 . 207.862.91 Total liabiliti ...$080.801.66 Washington, Dictrict of Columbia, se.: WILSON EARNSHAW. tressurer of the” above Hamed bank s solemnly sweat that"the above statement i¢ true to the best of my knowledse and beljel WILSK EARNSHAW. Treasurer, Correc(—mm. Jobn €, Yost. McKes. Simts "% Bononoe Sworn to and suberibed before me this bth_day of January. 19:5. (Seal.) CMRENCE F. DONOHOE. it Notary Public. D C. serve Distict No. 5 REPORT OF GONDITIO OF THE Munsey Trust Company Of Washingion_ in the District of Columbia, a1, the close of business on December 1. ASSETS. - Loans and discounts. . Qverdrafts . = 3. United States Govern- ment obligations. di- rect and; or fully guar- eed . Other borids. ‘stocks. and securities Reserve wnn Reserve 610.320.80 9841 45408 LIABILITIES nd_depe United States Govern- ment deposits. public funds. and deposits of other banks ... . Time deposits. except postal savings. public funas. and deposits of ; Denorm ot othes including certified and treasurer's checks out- standing Total of items’15 to 19 (b) Not se. cured by pleage of loans and/or invest- ments . .$4.676.566 44 $2.639.543.11 1.998.942.50 banks, 38.080 83 fc) Total deosits $4.676.566 44 Interest. taxes. and other expenses accrued and T e Dividends ‘déciared " but not yet payable and amounts set aside ior dividends not declared Capital account 82.988.69 25.060 00 30 ' per . $2.000.000700 *1.000.000.00 U n divided Drofits— net . 187.358.38 0; tingencies 123.000 00 Total capital account... 3.310.358.38 ..$5.044.91351 Total liabilities MEMORANDUM: ns and Investments Fledved to Secure Lhubulfies . United Stat, overn- ment obiigations. direct and/or fuily guaranteed Tota! pledged (exciuding rediscounts) Pleds o (8) With State author- ities to qualify for the exercise of fiduciary powers . ... 5 (h) For other purposes 1.000.00 (1) Total pledged. 01.000.00 | Washinston. District o 88 1" Pope. Treasute: of tfie above- nated Bank G sOlMAly swear" that iss above statement is true to the best of my knowledge and belief POPE. Treasurer. Correct—Attest R. H. Yeatman Wiiton J. Lambert, William E. Horton, 6501.000.00 501,000.00 500.000.00 1107 Connecticut Avenue Contracts providing come can still be secured at old rates for limited time only. Call A. W. DEFENDERFER 310 Albee Building. DI. 1022 LAW ° BRIEFS Competent Rush Service] NAt'l 3065 EYNON Printing Co. 4 LOAN 6% No Renewals No Commissions $10.00 Per Month Per $1000.00 COLUMBIA PERMANENT BUILDING ASSOCIATION 733 12th St. NW. NA. 0353 ANAGEMENT Department is particularly equipped to render effi- service in the care of house properties. fee is a very nominal one. F. SAUL CO. | REAL ESTATE | s | Charter No. ctors. Sworn to and subscribed before me. this 5th day of January. 19: eal) Hamy" D BATSO! Notary Fuviie. R'GPI\ e Dlfil{l(l OF CONDIT! e Columbm l\ahonal Bank | Of Washington. in the Distriet of Columbia, | 81 the close of business on December 3J | ASSETS. 1. Loans and discounts... Overdrafts 3. United States ' Gov ment obligations. T or $1.365.2: tuily 950,676.00 719.140.00 196.884.03 1.276.640.84 §90.971 44 4.107.55 u b ances with other banks. . Ouiside checks and other r du United States urer ... . Othe: assets Treas- Total assets LIABILITIES. . Demand _deposits. __ex= cept United _ States Dublic funds ublic funds | posits of other banks.$2.64 . Time dsposits. excep Bostal savings. pudlie Tt ey 1.241.403.95 ings deposits 82.495.61 . Deposits of other ‘banks, including certified and g 354,228.47 Tot & Bedired by pledge of "loans 250.000.00 35.000.00 . Other bonds. |tock securities .. 50.000.00 . Total pledged (exclud- ing rediscounts) . Pledged: (a) Against circulating notes outstanding. . (b) Against United Siaies Government and postal savings deposits (h) For other purposes. (1) Total pledged Washingion, District of Golumbia. 1. ROBER' LACEY. cashier of the above-named bank. 4o solémnly ywear that the above statement is true to the best of my knowledge an ROBERT H. LACEY. Cashier. Sworn to and subscr! before me this 45.990.00 50.000.00 95 m\o 00 E LOANS 7th day of January 15 "o Notary Publie, iter S, Pratt. iz, Rndrew onur Frank .l mrfkm Harry 8, tors, Sorrect— Attest: James A uzmr‘ Joseph H. A