Evening Star Newspaper, January 9, 1935, Page 12

A—12 ¥¥*% THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JANUARY 9, 1935. FINANCIAL., NATONAL SNSTR ANSACTIONS ON THE NEW YORK STOCK EXCHANGE!sman"BEATflfi 3 2:30 p.m g 3 “ : 1 30 p.m. ~— 1038 — Stocks and Sales. 2:55 Net | — 1934 — Stucks & ex, 2:55 Met | — 1934 — Stocks and 5. 5 ~— 1034 — Stocks and Sales 2:55 Net High. Low _ Stocks and dividends High Low. Olose. Chge. |High. Low. Dividend Rate. 3 : Low. Dividend Rate. . Low. Close. Chge. Low. Dividend Rate. Add 00. 4 G 3 it 6% 6m—%| 71 44 Crucible Steelpf... 56 4 10%; Manhat Shirt (60¢). 2 12% 124 12 5% Sharon Steel Hoop. 15 - . s . ll‘,a 6 Adams Express.... N 70% Adams Ex pf (6). 86 '86 86 9% 3% Cuban-Am Sugar.. 4% Marancha Corp.... 4 Sharp & Dohme.... 8214 32 66 20% Cuban-Am Sugar pf 1908 5% Marine Midld (40c). 38'% Sharp & D pf (3%3). ] s 4 Prices Soften Near Close After Taking Firmer FINANCIAL, o So 5 & 16 Adams Millis (2). 6% Addressograph..... 29% .13% Curtis-Publishing.. 4 % Y2 Market Street R. 6 Shell Union Oil..... 3% Advance Rumley. 315 Curtis Pub pf (36).. 1 Market St Ry 2 57 Shell Union Ofl pf.. 913 Air Reduction (3).. Curtiss Wright.... O z 2 ' 17 Marlin-Rockwell(2) 81 Simmons Co. 5% Curtiss Wright (A) 8% Marshall Field Ty Simms Pet roim (1) Baker, Nairn and Parker| 41 1% Airway Elec Appli. Added to Board at Bank Meeting. BY EDWARD C. STONE. Three new directors were added to; the board of the National Savings & Trust Co. at the annual meeting late; yesterday—Charles S. Baker, Attur—l They; Wilson B. Nairn, president of the | Rufus H. Darby Printing Co., and Brainard W. Parker, attorney and a director in the Bank of Bethesda. Other directors were re-elected as follows: James J. Becker, Thomas D. Car- son, Walter C. Clephane, Clark G. Diamond. H. Rozier Dulany, jr. Frederick A. Fenning, H. Prescott| Gatley, William D. Hoover, Reginald | S. Huidekoper, Victor Kauffmann, Frank Stetson, William H. White, jr., and William B. Willard. At the organization meeting, Bruce Baird was elected vice president and trust officer and David Bornet was elected a vice president, giving the bank four active vice presidents. Of- ficers elected were: William D. Hoover. chairman of the board; H. Prescott Gatley, president; Frank Stetson, vice president; Wil- liam B. Willard, vice president; Frank R. Ullmer, treasurer; E. Percival Wil- son, secretary: Bruce Baird, vice presi- dent and trust officer; David Bornet, vice president; Barnum L. Colton, real estate officer; John W. Calvert, W. Hiles Pardoe and Osmund L. Va- rela, assistant treasurers; A. J. Fant, John M. Boteler and Herbert B. Lord, assistant_secretaries; Lester A. Law- rence, Henry W. Bransom. Charles W. Fitzgerald, J. Fontaine Hall and Herman G. Lauten, assistant trust | officers, and Audley A. P. Savage. auditor. Eaton Heads Building Group. Henry M. Eaton. treasurer of the | Whaley-Eaton Corp.. was re-clected | president of the Progressive Emldmgi and Loan Association following the | annual sharcholder’s meeting. Other officers re-elected were: Albert E. Conradis, vice president and counsel, and Edward Holmes, secretary and treasurer. Henry A. Willard, 2d, is a newly elected vice president. The shareholders elected the fol- Jowing Board of Trustees: Albert E. Conradis, P. Gordon Cooper, Henry M. Eaton. John S. Gorrell, Edward Hoimes, Allen C. Minnix. Elonzo T. Morgan, James C. Parker, jr.. James L. Parsons, jr.; Charles A. Stott and{ Henry A. Willard, 2d. i Percy W. Phillips, attorney. Dr. Charles Scott Lamb were to membership in the Advisory Board of the association which also includes: J. Donald Britt. Earl A. Brown, Walter G. Distler. George W. Hodg- kins, Homer L. Kitt. Harold A. Merrill, August H. Moran, Dr. Joseph W. Pol- lock. Charles E. Rowe. J. C. Wallace and Ewart B. White. A report from Robort A thmon’ Co.. auditors for the association, showed an increase in assets of over 200 per cent in the last 12 months. New Trust Officer Elected. Directors of the Liberty Natjonal| Bank late yesterday elected W. V.| Simmons trust officer. advancing him from the position of assistant frust officer. which he has held for sev- eral years. He succeeds Thomas P. Littlepage. who requested te be re- lieved from the duties as an execu- tive officer. Mr. Simmons has a law degree, a member of the District bar and went to the Liberty National from the American Security & Trust Co. Rolfe E. Bolling was re-elected president of the bank, M. F. Calnan. ! vice president and cashier: J. B. Skinner, assistant cashier, and John‘ M. O'Brien. assistant cashier. The Union Trust Co. directors or- ganized iate vesterday by re-electing | these officers: Ord Preston, president; George E Hamilton, vice president, attorney and trust officer; Walter S. Harban, vice president: George E. Fleming. vice president and assistant | trust officer: Edward L. Hillyer, vice! president and second assistant trust officer; W. Frank D. Herron, vice president; S. William Miller, treas- urer: G Elmer Flather, assistant treasurer: Harry F. Harding, assistant treasurer; Irving Zirpel, secretay and | thid assistant trust officer; J. Wesley Clampitt, jr.. assistant secretary; Wil. Jard G. McGraw. assistant secratar: George E. Hamilton, jr., assistant at- torney, and Walter M. McCurdy, audi- tor. Federal Storage Elects. At the annual meeting of the Fed- eral Storage Co., late yesterday, these directors were re-elected for the con- ing year: Charles S. Baker, H. Ran- dolph Barbee, Daniel L. Borden, Han- son E. Ely, jr.; Henry P. Erwin, Nor- man B. Frost, D. P. Gaillard, James M. Johnston, Harold N. Marsh, Car- roll Morgan, E. K. Morris, Charles G. Treat and Griffith Warfield. The following officers were re- elected or reappointed: E. K. Morris, president; Harold N. Marsh, first vice president and counsel; James M. Johnston, second vice president and treasurer; H. Randolph Barbee, sec- retary:’ Henderson S. Dunn, cashier; S. Webster Adams, superintendent; A. Russell Barbee, assistant treasurer, and Marian Trumbull, assistant sec- retary. Second National Officers. Directors of the Second National Bank organized today by re-electing the same officers: Victor B. Deyoer, president; William M. Hannay, vice president; Jacob Scharf, executive vice president: Edward F. Collady, counsel and trust officer; William B. ‘Wolf, assistant trust officer: Walter W. Marlow, cashier; J. K. Seyboth, Frederick S. Beyer, Joseph R. Fitz- 16% Alaska Jun (11.20) 1% Alleg Corp (k) - 11 Cutler Hammer.... 6 Davega Strs (allc). 103 Deere & Co. 10% Deere & Co pf (40¢) 10% Allis-Chalmers. 2s Amal Leather, 39 Amerada Corp (2).. 25% Am Ag Chem Del(2) 19% Am Brake Shos 96 Am Bruke Sh pf (1) 90% Am Can (15)....... 12 Am Car & Foundry. 32 Am Car & Found pf. 19 AmChainpt.... 46Y Am Chicle (13%) 20% Am Comcl Alcohol. 61 Am Crystal Suga 46% Am Crystal Sug pf. 1% Am Encaustic.. . 374 Am & Foreizn Pwr.. 113 Amn & For Pw ot (7) 6% Am & For Pw 2d pf. 17% Am Hide & Leath pf 26% Am Home Prod 2.40 % Am International. . 14} Am Locomotive.... 35% Am Locomotive pf. 12% Am Mch&Fy (80¢c).. 4); Am Mach & Met ctf. 12% Am Metals 3 Am Power & Light. 9% Am P&L $5 pf (1%) 11% Am P&L 36 pf (1%3) 10 Am Radiator 1377 111% Am Radiator pt (7). 8% 1314 Am Rolling Mills. .. 68 36 Am Safety Razor(4) 2% % Am Ship & Com. ... 30 17% Am Shipbldg (2)... 51% 30% Am Smelt & Ref. ... 109% 71% Am S&R 6% pf (3)s 125 100 Am S&R 7% pt (7). 127% 108 Am Snuff pf (6). 10% Am Steel Foundry 597 Am Stl Fdry pf (2) 37 Am Stores (12%4).. 46 Am Sugar (2). % 103'2 Am Sug pf (7).. 133 Am Sum Tob (1) 100'% Am Tel & Tel (¥) 654 Am Tobaceo (5).. 67 Am Tobacco B (5).. 7% Am Type Fdrs pf (k) 12% Am Water Wks (1), 54 Am Wat W 1st (6).. 7 Am Woolen. 36 Am Woolen pf..... 1 Am Writ Paper (k). 27 Am Writ Pap pf (k) S NS © 19 = Oy 23 = 19 = N OF 1o BB 0w P00 Bumon- - » 2 3% Am Zinc & Lead. . 10 Anaconda Copper. 9% Anaconda Wire. .. 134 Anchor Cap (60¢) . 26% Archer-Dan-M (1) 76% Armour Del pf (7) 4 Armour ot [llinois. . 46% Armour 111 pr pf (6) 4 Arnold Constable Tl Asso Dry Goods. 46 Asso Dry G st pf. 45% Atch To& S F (h2). 70" Atch To&S F pf (5). 241; Atlantic Coast Line 5 AtGulf& W Ind... 211: Atiantic Ref (1)... 2 38' Atlas Powder (2)... 83 Atlas Powder pf (6) 1614 Auburn Auto...... 7 Austin Nichols 3% Aviation Corp 41, Baldwin Loco. 16% Baldwin Loco pf... 1.3 Baltimore & Ohio.. 15 Baltimore & Ohio pf o Roaven—-2-naa-maieonscne 8612 Bamberger pf (6% ) 27 Barnsdall Corp. . - .. 10! Beatrice Creamery.. 8% Belding-Hem (hivc) 9%, Bendix Aviation. ... 123 Beneficial Lonn 1% Best & Co ( Bethlehem Steel 54% Bethlehem Stl pf 19% Bizelow n Corp. 17 Blnomm:dale (40(:\ #8 Bloomingdale pf (7) 28 Blumenthal pt..... 6% Boeing Aeroplane. . 4413 Bonn Alumn& Br(3) 76 Bon Ami (A) (15).. 19% Borden Co (1.60). .. 16% Borg Warner(11%) 12 Brizgs Mfg (1). ... 26 Bristol-Myers 12.40 28 Bklyn-Man T (hl% 46 Bklyn Union Gas(3) 45 Brown Shoe (3) 4 Brunswick-Balke. 315 Bueyrus-Erie. ... 6 Bucyrus-Erie cv pf. 50 Bucyrus-Erie pf (2) # Budd (EG) Mfg. .. 16 Budd (EG) Mfg pf. z Budd Wheel. ° 5% Bullard Co. 27x Bulova Watch. 4 Burns Bros pf. 10% Burr Add M (400). % Bush Terminal (k). 16% 147 A 313 kil 9% "+ 9% T 19 +2% = o+ %) 2 25'% u’a Sessr & Fi e e ¥ i Exd iy +144 0 L 24% 63 96in 145 12 36 Delaware & Hud=on 14 Del Lack & West 3% Den & RG W pf Y2 Detroit Edison (4). 9 Devoe & R 1st pf(7) 21 Diamond Match (1) 2 Dome Mines (13%). 11 Dominion Strs(1.20) 144 Douglas Afrcraft. .. %2 Duluth SS & Atl. .. 80 Du Pont de N (2.60) 49 Eastman K (14%). 120, Kastman Kod pf(6) 12% Katon Mfg (1). 15 Electric Auto Lite. . 80 Elec Auto Lite pf 7. 3 Klectric Boat. 4% K1 & Mus Ind. . 2% Elee Pwr & Lizht. . 6 Klec Pwr&Lt $6 pf. 6% Elec Pwr&Lt $7 of. 34 FElec Stor Bat (2%). 10% Eng Pub Sve $5 pf. . 13 Eng Pub Sve §6 pf.. 9% ErieRR..... irie R R 1st pt. 9 ErieRR2dpf.. 7 Fureka Vac Cl(80c). 9 KEvans Auto P(s0c). Seoma IRy 7 Fairbanks-Morse 30 FKairbanks-Mrspof.. 70s 3414 Fed Lt&Trac pf(6). 30s .49 2% Fed Motor Truck. .. 1 Fed Water Svo (A), 23% Fid Ph F Ins($1.36) 134 Firestone (40c).... 71 Firestone pt A(6).. 53 First Nat Strs(23;) Follansbee Bros (k) 10% Food Mach (a2§¢) .. 815 Foster-Wheeler. .. 17z Fourth N Inv(h85c) Rl Fox Film (A) . 20 Franklin Simon p 13 Freeport-Texas ¢ ix Gabriel Co (A) W Gen Am Investors., 30 Gen Am Trans(1%) 12 Gen Asphalt. . 612 Gen Baking (h65¢) 5 Gen Bronze. 415 Gen Cable pf. 7 Gen Cigar (17). 97 Gen Cigar pt (7). 1674 Gen Electric (60¢). 11 Gen Elec Spe (60c). 28 Gen Foods (1.80)... % Gen Gas & El (A) 51 Gen Mills (3).. 245, Gen Motors (1) 89% Gen Motors pf (5).. 3% Gen Outdoors Adv.. 1015 Gen Print Ink (11). 7313 Gen Prig Ink pf (6) Gen Public Service. 2315 Gen Ry Signal (1).. 1 Gen Realty & Util.. 10 GeniRealty&Util pf. 1014 Gen Refractorie: 10 Gen Refracetfs.... 815 Gillett Saf Raz (1). 47 Gillette Saf R pf(5) 2% Gimbel Bros....... 16% Gimbel Bros pf.. .. Glidden Co (11.1 A% Gobel (Adolf) 16 Gold Dust (1.20). % Goodrich (B F) 185 Goodyear T & Rub. 64 Goodyear 37 pt (4) 37 Gotham Silk Hose. . 2 38'3 Gotham S Hpf (7). 10s 113 Graham-Paige. . 4 4 Granby Consol..... 4 Grand Union. 23 Grand Union pr (3). 28 Grant (WT) (1)... 12% Great Northern pf.. 15 Grt Nor Oreg(n50c) 25 Grt West Sug(2.40) % Guantanamo Sugar. 0} Hackensack W(17z) 7 Hack W pt A (1%). 4 Hann Dept Stores. . « Hahn Dpt Stores pf. 313 Hall W F Printing... 84 Hanna (M A) pf (7) 13 Harb Walker (50¢c). 1's Hayes Body . 74 Hazel Atlas Gl (5).. 101 Helme (G W) f11% 5% Hercules Mot (60c) 59 Hercules Pw (13%) 125% 111 Hercules P pf (7) 933 105 '6 |+ 444 48! Hershey Choc (3) 83 Hershey C pf (15). 4% Holland Furnace... 5% Holland & Son (50¢) 11 Houd-Hersh A j2%. 28 Houdaill.-flersh B. 3 Houston Oil. 35'4 Howe Sound (3).... LR A L [ P4+ 44+0 410 s O EERFEER ¥ * 11% 2% 8% 13% 128 49v 2 23% 18% B 28% 31% 32% 121% 151y 4 Martin Parry. 23% Mathieson Alk(1%) 30 May Dept Str (1.60) 44 Maytag Co. . 10 Mayvtagpf ww ) 49 Maytag Ist pf () 26 Melville Shoe {2%. 3% MengelCo..... 24 Mengel Co pf aee 20% Mesta Mach (1%) 274 Miami Copper. 9'a Mid-Cont Pet ( 63 Midland Steel Prod. 44 Mid St P 1stpf (4). 36 -Minn-Hon Rez (2). 1% Minn Moline Pow 15'3 Minn Moline Pow pt 4 Minn & St L (k) 4% Mo Kan & Texas. 12 Mo Kan & Texas pf. 1's Mo Pacifie (k). 121, Mohawk C M (h25¢) Monsanto C (1), Montzomery Ward. Morrell(J)&Co 3.60. 15% Motor Products. . 6% Motor Wheel 5% Mullins Mfg 12'% Mullins Mfz2 pf. 3% Murray Corp. . 12% Nash Motors (1) » Nat Acme Co 5% Nat Aviation . 3% Nat Bellas H of (k) Nat Biscuit (2).... Nat Cash Reg A 50¢ Nat Dairy Prod 1.20 Nat Dept Store (k). Nat Dp St ist pfik) Nat Distillers (50c) 16% Nat En & Stpg (h1) 100% Nat Lead pf (B)(8). 6% Nat Pwr & Lt (30c) 'y Nat Steel (1) s Nat Supply pf. 9 NatTea (60c)...... Newberry (J 1)(1), N Y Air Brake ..... New York Central .. N Y Chicago & St L. N Y C&StLopt. N Y Investors (k). . N Y N H & Hartford 10 NYNH&HObpf.. 42 N Y Ontario & West M N Y Railways pf 9'3 N Y Shipbldg (48c). N Y Shipbldz pf(7). &5 7 6 Skelly Ofl.. . ...... 18% Sloss.Sheffield pf 6% Snider Packing. ... 1215 Socony-Vae (60¢).. 86 SolvAm pf ww 6% . dhrdd 00 20 So Por Rico Sug (2) 10% South Cal Ed (1%). 14% Southern Pacific. .. 1113 Southern Railway. . 14 Southern Rwy pf .. 30% Spalding (AG)1st pf 30 Spng Chlfnt pf (31). 2% Sparks-Withington 2 Spear&Co.. . 5% Sperry Corp (23c) .. 19 Spiegel-May-Stern. 17 Stand Brands (1).. 121% Stand Brands pf (1) 3% Stand Gas & Elec. . and G & E14% pf tand G & K1 6% pf. (RN (R <v and G & El 7% pf. tand Oil of Cal (1) 2 Stand Oil Exp pf(5) 4 Stand Oil of Ind (1) T4+ 00 £ 5 NIRRTyl lautograph (1).. ennessee Corp. ... 19% Texas Corp (1). 80 Texas Gulf 8ul (2), 214 Tex Pac Coal & O11. 6% Tex Pac Land Trust 8 Thatch Mfg (h25c). 2\ Thermoid Co. . 4 Third Avenue. 4% Thomp'n(JR) (50¢) . 10 Thompson Products 1% Thompson Starrett. 8 Tide Water Asso 374 Timken-Detroit imken R B (1) 5% Transamerica h25e. Au Transue & Williams Tr1-Contl Corp. 33 Trico Prod (23). 1% Truax-Traer Coal.. 3% Truscon Steel. . 1% Twin City 2 T. Twin City R T pf 4« Stand Oil N J(71%) 6 Siarrett L 8 (h50c) . 7% Sterlinz Prod(3.80). Stewart-Warner. .. » Stone & Webste; Studebaker (k) ... 10 Studebaker pf (k).. 100 Sun Ofl pf (6). 1'% Superior Oil. . 4% Superior Ste % Symington 2 - -t g . T e T L T L T TR N Y Steam pf (6) ... 90 N Y Steam 1at (7 30% Noranda Mines (h2) 161 Norfolk & W (110). 282 North Am Aviation. 254 10% North Amer (1).... 45 34 North Am Co pf (3) T4 474 North Am Ed pf (6) 36% 14'y Northern Pacifie. .. 4% 1% Norwalk Tire&Rub. 812 Ohio O11 (h45c). 2 Oliver Farm Equip. 9 Oliver F Ea prpf A. 3% Omnibus Corp, 1215 Otis Elevator (60c). Otis Elev pf (6).. 6% 1'x Pacific Coast 111 31 Pacific C 234 12% Pacific G 37 20% Pacific L1z 116 103 Pacific T & T pt (6). #'3 Pac W'n Oil (h4te). s 11!3 Un Oil of Calif (1). 36 Und-Ell-Fisher (2). 39' Un Bag & Paper (4) '~ Un Carbide & C 1.40 e DI TS T 90 Union Pacific (6) 71% Union Pacific pf (4) 15% Un Tank Car (1.20). 8% United Aireraft. ... 3 United Air Lines&T 21% Unit Biscuit(1.60).. 107 Unit Biscuit pf (7). 2'a United Corporation. 21 United Corp pf (3).. 9% United Drug. .. .. 3% United Dyewood... 3% United Elec Coal. .. 59 United Fruit (3). 11% Unit Gas imp (1.20) 86 Unit Gas Imp pf (5) 1% Unit Paperb'd (k) ; § Distributing pf 145 345 U s (‘\plmn(li. Al 115 U S Gypsum pf (7). ll'{q 1434 2 U S Indus Alcohol. . 1 4 43 5% U S Leather. . patrick, Stuart S. Ogilvie and Gerald E. Keene, assistant cashieis. William B. Wolf was elected secretary. Today's Exchange Trading. Prices were strong on the Washing- ton Stock Exchange today. The mar- ket opened with Capital Transit stock selling at 25%. Later five 10-share sales were recorded at 26. Lanston Monotype came out in six sales in- volving 42 shares, all made at 48%. In the bond division Washington Gas 6s, series B, moved in two $500 sales, one at 103% and the other at 103%. The Council of Administration of the District of Columbia Bankers’ | Association will meet Priday at head- quarters, at which time plans for the mid-Winter meeting of the asso- ciation will be mapped out. Investment Bankers to Meet. ‘The annual mid-Winter meeting of the Board of Governors of the In- vestment Bankers' Association of America will be held January 18 to 20 at Absecon, N. J. Attendance will be limited to members of the board, to committee chairmen and other members invited to participate in spe- cial discussions. L THOMAS CRANWELL DIES. | NEW YORK, January 9 (#). Thomas G. Cranwell, a director of | Continental Can Co. Inc., died today 2t his home in Ventnor, N. J. He was one of the organizers of the Centi- r-nta! Co. n 1904 and served as its Fpresident until 1927, 2% Bush Term deb (k). 5% Bush Tr Bldg pf ct. 1 Butterick Co. . 13% Byers (A M). 40 Byers (A M) pf 18% California Pkg(1%) 2% Calumet & Hecla. .. 6 Campbell-Wyant 12% Canada Dry G A 10% Canadian Pacific. .. 284 Cannon Mills (2) 5% Capital Admin (A). 26% Cap Admin pt A (3) 35 Case (J I) Co . 23 Caterpillar (11). 17% Celanese Corp. 6% Celotex Zo pf (K).. 18% Cent Aguire (1%2). 512 Century Rio Mills. 30% Cerro de Pasco (2).. 4% Certain-teed Prod.. 177 Certain-teed pt.... 39 Ches & Ohto (2.80). 34 Ches-Corp (2%).... 1'2 Chi Great Western 2% Chi Great West pf. 2 Chi Mil St P& Pac 3% Chi Mil St P &P pf.. 3% Chi & Northwestern €% Chi & Northwest pf. 3% Chi Pneumatic Tool 14% Chi Pneu Tool pf... 1% Chi R 1 & Pac (k). 2 CR1&P6% of (k) % CRI1&P 1% ot (k) 19% Chickasha C O (2).. 3% Childs Co 29% Chrysler Corp (1).. 17% City Ice & Fuel (2). 67 City lce& Fnf6%. 1% City Stores (k) ... 2% City Stores A (k)..: % City Stores ctfs (k) 24% Cluett-Peabody u) 95% Coca-Cola (7). . 4% Colgate-P P (504.‘)‘ . 10 Collins & Atkman. . 74 Collins & Aik pf(7). 3% Coto Fue! & iron(k) 13 Cole & Sou 1st pf 6% Col Gas & Elec. . 52 ColG & Elpt A (6). 21% Colum Pic vteiml) 58 Colum Carb (3.40). 18% Comel Credit (2). .. 231 Comel Cred pf (1%) 911 Comcl C 1st pf(6% ) 24 Comel Credit(B)(2) 35% Comcl Inv Tri12l%) 15% Comcl Solv (60c) . 1 Comwlth & South. . 21% ComwIith & S pf (6) 22 Congoleum-N (1 60) T% Congress Cigar.. .. 514 Consol Cigar. . 45% Con Cg pr pf ww 6% 1% Consol Film 10% Consol Film pf (i2) 18% Consol Gas N ¥ (1). 71 Consol Gaspt (5).. T4 Consol Oil (h4Ze).. 2% Consol R R Cuba pf. % Consol Textlle. .... 6% Container Corp (A) 2% Container Corp (B) 5% Contl Baking (A).. % Contl Baking (B).. 44Y% Contl Baking pf (4) 56% Contl Can (2.40)... 6 Contl Diamond Fib. 23%, Contl Insur (11.35). % Contl Motors... 15% Contl O Del (h‘fle)- 55% Corn Prod Ref (3) 3% Coty Ine....... 28 Cream of Wht H‘A 18% Crown Cork & S (1) 35% Crown C&S pfe2.70) 3% Crown-Zellerback.. [RRE NN 6% Hudson Motor Car.. 17» Hupp Motors —_— 13% I1linots Central. 19%, Indus Rayon (1. 4914 Ingersoll-Rand (2). 34% Inland Steel (h50c). 2% Inspiration Copper. 5 Interboro RpTr(k). 2's Intercontl Rubber.. 4 Interlake [ron..... 2 Int Agriculture..... 15 Int Agriculture pf.. 164 131 Int Bus Mach (pé 12% 4% Int-Carriers Ltd lDl 373 18% Iat Cement (h25c). 46% 23% Int Haryester (60c) 137 110 Int Harvester pf(7) 9% 2% Int Hydro Elec (A). 21 int Nick Can (60c). 2 Int Paper & Pw (A) % Int Paper & Pw (C). 81 Int Paper & Pw pf.. 9 Int Print Ink h50c. . 66 Int Print Ink pf (6) lon. 21 IntSalt (1%) . 7% Int Tel & Tel....... Gt 24% Island Crk Coal (4) 2 — . 663 39 Johns-Manville 23 {0 R 2R R e Tl 4+41 23, Packard Motor..... 10% Pan American Pet.. s, Panhandle Prod&R. 1% Par-Publix ctfs(k). 215 Park Utah. - '; Pathe Exchange. ... 10% Pathe Exchange(A) 91, Patino Mines 1 Peerless Moto: 51% Penney (J C) 1 105'; Penney (J Lfil)lifi‘ 2% Penn Dixie Cement. 123, Penn-Dixie C pl(A) 20% Penn R R (h1)..... 33 Peoples Drug S 86 Peo Drug S pt (6%3) 1Y% Peoples Gas Chi. . 18 Pere Marquet pr pf. 814 Petrol Corp (h50c) . n Dodge(h7ic) 3% Phila& Read C& 1. 115 Philip Morris (1)... 13% Phillips Petrol (1). *, Pierce-Arrow (k) . Pierce Oil 1815 Pillsbury *4%, Pitts Screw & Bull. 15' Pitts Steel pf.. ... Tt Plymouth Qil g75¢. 6 Poor&Co (B)..... 1 Port Ric Am T - 10% Posial Tel & Ca pf.. 14 Pressed Stl Car (k). 5% Pressed Stl C pf (k) 2314 Proc & Gamb (1%). 10213 Proc & Gam pf (5). Pub Serv N J (2.80). Pub Serv N J pf (5 8713 PubServ N J pf (7). Pub ServG&E pf(5). 35% Pullman Inc (3).... 6ia Pure Oil. .. 49 Pure Oil pf. 3% Purity Bakeries (1) 4'; Radio Corporation.. 23% Radio Corp pf (A) 15 Radio Corp pf (B).. 1'% Radio-Keith-Or (k) 14 Raybestos-Man (1). 354 Reading (2).. 3315 Reading 1st pf (2 Real Silk Hosiery. 1% Reis (Robert) . . 6 Remington-Rand... 32% Remington-R 1st pf 30 Rem Rand 2d pf... 2 Reo Motor Car 10% Republic Steel.... 3315 Republic Steel pf.. 391, Republic Steel pf ct 153, Reynolds Metals(1) 615 Reynolds Sp (40¢). 57 Reynolds Tob (3).. 39% Reynolds Tob B (3). 7 US Leather (A). U 8 Leather pr pf 161 U S P&F 1st pf 1.20. 4 US Realty & Impr. 11 U S Rubber.... . 244 U S Rubber 15t pf.. 96% U S Smelt & R (h9). % United States Steel. 7% U S Steel pf (2).... 99 U'S Tobacco (17%) 2% United Stores (A).. 40% Univ Leaf Tob (2).. 163 Unv Pictures 1st pt “» Univ Pipe & Rad. .. 11, Util Pwr & Lt (A).. 43 Van Raalte 24 Vick Chem ( Va-Car Chem §% pt 52 Vulcan Detin (a4)..x 4 Wabash pf (A) (k). 1 Walgreen Co (m1). 2% Walworth Co. . 1!« Ward Baking (B).. 2% Warner Bros Pic... 15 Warner Bros Pie nf. 3t Warren Bros. 8 Warren Bros cv pf. 13 vl. Warren FAv&P (2). 3 Webster Eisenlohr . 'z Wesson O & S pf(4) W Pa Elec pf (6) u. West Pa Elec pf (7) 89'; West PennPw pf(7) 1% Western Dairy pt A 1 Western Dairy pf B 9t5 W estern Union. ~ Westingh'se AB 50c 27’ Westinghouse Elec. 82 Westingh'se 1st 3% 6 Weston Elec Ins 16% Weston Elec A (2). 147x Westvaco Chl (40¢) 34 Wheeling Steel pf.. 15 White Motor.... 21% White Rock M S (2) 4% Wilson&Co....... 1214 Wilson & Co (A)... Wilson & Co pf (57) 41% Woolworth (2.40).. 1313 Worthington Pump 31% Worth Pumppf A.. 80s 164 Wright Aero. .. . 1008 541 Wrigley(Wir)i3% x 1 Young Sp& W (1).. 20 qus % Youngstown S& T.. 2% 20, [ s 444001010 Trend at Noon. BY VICTOR EUBANKS, Associated Press Financial Writer. NEW YORK, January 9.—The stock market backed and filled rather ner- vously today. After firming around ! midday, the list softened in the last % | hour, accompanied by a slight ine .-cn’fise in activity. Losses of fraec- | tions to around a point were shown on Santa Fe, U. S. Steel, Liggett & *iMyers B. American Telephone and Standard Oil of California. Consoli= dated Gas and National Distillers held fairly steady. Transfers approximated ! 900,000 shares Gains of major fractions to more than a point appeared in American Car & Foundry, Westinghouse Air | Brake, National Steel. United States Smelting. Consolidated Gas and | Simms_Petroleum. Early losses of a ! pofnt in Santa Fe and Union Pacific were about recovered. Oils dipped ! for a time, with Standard of New Jersey and Standard of California getting down about ’,. A little pres- sure appeared in tobaccos, too, with American Tobacco B getting down a point. Motors were generally firm, | with Commercial Investment Trust, which does a large motor finance business, reaching a new high for | the recovery. Issues up fractions in- | cluded General Motors, Chrysler, Johns Manville, Sears Roebuck end Montgomery Ward. Szlling in oils refiected some further uneasiness over “hot oil” from Texas, pending clarification of the control situation, which has been thrown into ,confusion by the Supreme Court dee cision finding the recent Federal proe cedure unconstitutional. ‘The action of railroad equipments was attributed in brokerage circles to the expectation of the Government work-relief plans may involve further provision of credit for the renovating of equipment. Rail shares improved after further reports of last week's « freight miovement. indicating a sube stantial gain over the previous weex Consolidated Gas was higher as officials of the company discussed with State Public Service Commission the | company’s proposal for inauguration of “promotional” rate reductions along the lines of the so-called “Washinzton pian - . 50 TONS OF LEAD SOLD. NEW YORK. January 9 (#) —The St. Joseph Lead Co. reports that 50 tons of pig lead was sold yesterday at $3.55 per 100 pounds, St. Louis. SAVANNAH NAVAL STORES. SAVANNAH. J2 Tes We Will Make First Trust Construction Loans on Residential Properties n on Aoplication Real Estate Mortgage and Guaranty Corporation 180 K StONW. Investors Trust Prospectus om Request William W Mackall, Jr. Investment Securitics 218 Woodward Bldg. District &4:51 Copies of the 42nd Quarterly Report of MASSACHUSETTS INVESTORS TRUST Will be mailed to interested investors upon request A.S. Goulden & Co., Ine, Woodward Bldz. Tel. Natl. 2000 m | o P13 JOPREN S 7 45 Jones&Laugh 7%pf 410s ———eeeen. 19% 27% 10% 18% 2% 6% Kans City Southern 2 10% Kans City South pf. 1 6 KaufmannDeptS#Vex 2 13% Kayser(J)&Co hs0e 1 1 Kelly Spring Tire 2 5 Kelly SpTire6% of 3 2% Kelsey-Hayes (B).. 1 115 Kelvinator (170c).. 114 16 Kennecott (h45c).. 35 131 Kinney (G R) pf... 30s 13% Kresge (SS) (1).... 25 114 101 Kresge (S S)pf(T).. 10; 33% %3% Kroger Gr&Bk 1.60 ———— 63% 60 31% 14% b 163 21% 8 43% 24 110 130 3% 21 6214 19% o7 42% 32 12% 128 63% 50% 9% 42% 17% 92% 41% 7 23% 33% 9% 20 LacledeGasStL... 20s 27 Laclede Gas pf. . 22% Lambert Co (3) 7 Lee Rub&Tire ( 2% Lehigh Valley Coal. 5 Lehigh Val Coal pt. 915 Lehigh Valley R R. 64Y% Lehman Corp (2.40) 221 Lib O-Ford G1(1.20) 17% Life Saver (1.60)... 73 Ligg & Myers (16).. T4Y Ligg & Myers B(15) 16 Lily Tulip Cup(1%) 15% Lima Locomotive 11% Link Belt (60c) 16% Liquid Carb (11 20% Loew s Inc (1). - 72 Loew's Inc pf (6%) 1 Long Bell Lum (A). 38% Loose-Wiles (2).... 15% Lorillard P (12.20). 82 102 Lorillard (P) pf (7) 50s % Louisiana Oll. ... 12 Louisv G.E(A)l%. 37% Louisv & Nash (h3) 8% Ludlum Steel...... 60 Ludlum Stl of (6%3) BT 30 Mac Andrews&F 3. 24 McCall Corp (2).... 1% McCrory Strs A (k) 1% McCrory Strs B (k). 5% McCrory Stra pf (k) 381 Mcintyre Porcu (2) 4% McKesson & Rob... 11% McKesson & Rob pf 1 McLellan Stores (k) 914 McLellan Strs pf(k) 22 Mack Truck (1).... 2% Madison Sq Garden. 15% Magma Copper (2). T% Mallison & Co pf . 10% Man Elev m g (K)o - PRV TN 193N o3 FEEL - V4 ¥ ¥ 207% Roan Antelope Ltd. 98 Safeway Strs pf (7) 15% St Joseph L (h30c). 1% St L San Fran (k).. 41 St L San F pf (k). 17% Schenley Distillers. 3 Schulte Retail Strs. 15 Seaboard Air L (k). 20% Seab’d Oil(Del) (1) 31 Sears Roebuck..... 1% Second Nat Invest. 43 Servel Inc. E 59% 34 Younzsiwn S&T pf. 4812 485 +10 4+ &, ™ 3% Zonite Products... 9 4N 4 1| Sales of Stocks on the New York Bxchange | 11:00 AM...... 190,000 | 1:00 P.M...... 430,000 12:00 Noou. 30,000 2:00 P.M...... 550,000 % Dividend rates as given in the above table are the mnnual s |cash payments based opb the latesi quarterly or hlll-‘y‘h’fv 1, | declarations. s Unit of trading - than 100 shares ¥ Partly extra. 3 Plus 9%in stock. s Paid stock. g Plus 4% in stock. JeArBo Fesular rate.” b Pavable i 3 Accumulated | St06k. & Payale in' Cash o stock~ Plussi In speciai relerisd id this y K } dividend: o al a1 r Deing reorsanized. panies reported in reeeivershi m Plus 8% In stock. B Plus 3% i 815 8Y hl ook ™ Prux 24 1o siock x Ex aividend MORGAN LINES SEEK TO EXTEND SERVICE Special Dispatch to The Star. BALTIMORE, January 9.—The Mor- gan Steamship Lines, a subsidiary of the Southern Pacific Railroad Co., has | asked for permission to include Nor- folk, Hampton Roads and Newport | News in its service from Baltimore to Houston and Galveston, Tex. Because the company is a subsidiary of a railroad it is necessary to secure the desired permission from the Inter- state Commerce Commission. The ex- aminer for the commission has al- ready made his report to that group and recommended that the Morgan Lines be granted the privilege. FOBEIGN EXCHANGES. YORK. January # (@ —Foreign exthange Biin; OTeat Britain in dollars, 1 Great Britain. demand. 4.921 GIJ-G ! blux ¥ 3 %.blz .82; 1 34.87 13 Mexico City (silver pe: 2785 Mont-cal in New York. 100 652" New York in Montreal, #10.31V. n—Nominal. | PEOPLES DRUG SALES By the Associated Press, NEW YORK, January 9.—Peoples | Drug Stores, Inc., reports December | sales, without adjusting for a change in number of stores, were up 16 per cent. During the 12-month period cent. FOREIGN MARKETS. By the Associated Press change was quieter loday, but the tone Gilt-edged securities were boulht by ble institutions and led the im- provement in British issues. Gold mning, and ol shares hardened. while other issues’ Trapsatlantic issues were un- ket closed qulet. 8. Favorable reports from London caused o seneral advance on, the Bourse today. which was led by eleci issues. some of the Xll(er lllnln points. Rentes were firm. The closing tone was steady BERLIN. —After a hesitant start. trading on the Boerse was livelier and prices re- covered at the close, MONEY MARKET. NEW YORK. January 9 (P —Ci ney ent. Toans steady: commercial paper, T ances _unchanged. iscount nu. York Reserve Bank. 1%2 per cent. | ended September 30, was $773,748 vs deficit $1,044,056: { - ADVANCE 16 PER CENT s they recorded an increase of 9.1 per | oof LONDON.—Trading on_the Stock Ex- | ] JErime | pt- CHICAGO LIVE STOCK. CAGO. January @ = (P.—(United smu Department of Agriculture) —Hog including &.000 :, ma; k:( 10 20 higher than Tul weishts o wbove 230 pounds. K10 088, 7.0 : sl cking sows. iargely nd choice, u(umfl m=ndx zood a | fieht “Welght dium and g0od. 54 luod and choice, 00 Govern- ial: 100 Gov- fed steers and es steady 2 market very active - shipper “account; all heifers : “steer advance lllfl ‘very active and unevenly higher market on betier; grade beef cows: up to 11.75 paid for fed steers: numerous Iolu sellln t 11.00850: weighty helkrl ug 9.78: bulls fully steady: 250 nmm slaugnter SaiHe and veaters. '®ood and choice. 530-H00 pound: 00 " 900-1.100 pounds 6508 00-1.300 pounds. 8508117 00-1.500 _pounds, 9.00a i Common andmedium. 580-1:100 pounds. _ 4.00a9.00: heifers, choice. 550-750 5 7 0089:00; come .75a7.35; cows. 2ood. n_and medium. ¢ oimmon medium : vealers, lnod lnd cho(u GMI m. 5,0086.00. and com- l ler cattle, lnfl cholee 54)0-] 050 pounds. common and medium. 4.00a5.00, A llmhl '::""l b|dl -nd les, "8 Thass nd M.ll helfl well abo , lh“! and teed- sheep. lam ‘llll\b l-n'nhl 90 vmmd. dn'lL lood Byers (A. M) Co. deficit, year | 59! !and ehoice. 3.95a4 50: all weitht<. com 29 “Common_and ‘medium. SSak T, ewes. BO-LBG. Dounds £o0d mon and medivm 3.00178: {nadin: ‘lami 50-75 pounds, 500G and caoice. 5.008 1 . Cultivate Thrift Through the Building & Loan Plan of Saving! E stress the point that Thrift is but another name for SUCCESS. @ It is inevitable that the man or woman who saves will get ahead and achieve success to a greater or lesser degree. @ There are, of course. many ways of saving, but there is no surer, safer or more profitable plan that than of- rede by “The Fidelity.” Come in and learn fully about the “Ideal Plan™ of Saving We Pay 5%- Compounded Semi-Annually from the date of payment to the date of withdrawal. ® You can open a Savings Account EN ANY AMOUNT . . . and you'll always find, at “The Fidelity,” a friendly spirit of helpfulness and co- operation. The Fidelity Bmldmg & Loan Association MAIN OFFICE, 610 13th St. N.W. N 0 O S i il