Evening Star Newspaper, January 23, 1935, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JANUARY 23, 1935. 1.5, BONDS REACK NEW 1935 PEAKS Practically All Obligations Join Rise—Corporate Groups Mixed. By the Associated Press NEW YORK. January 23.—Con- tinuing the advance which got under way yesterday the United States Gov- ernment list pushed up to new 1935 peaks for practically all of the Treas- ury and guaranteed obligations. = At the beginning of the final hour the list showed gains ranging from 2-32ds to | 12-32ds of a point Other divisions of the bond mnrk(‘t continued to move unevenly, with the | tendency toward lower values in the| rail and utility grcups. There was a | scattering of small gains in industrials | and communications. French governments 7s were a strong feature of the foreign list at 18312, up 1'a. INVESTMENT TRUSTS NEW YORK. January 23 ().—New York Becurity Dealers’ Association (Noon quotations.) Admin Fund w w . Am Bankstocks . Am Business Shrs . Bullock Fund Cumulative Tr Sh . Corporate Trust Corporate Trust A A Corp Tr A A mod Bid. Asked. 14.08 Depos Ins Shrs Diversified Tr C Dividend Shrs Jear Fixed Tr Fixed Trust ed Trust Sh @ Taveriors ‘mms und Tr Shrs A Fund Tr Shrs B fucorp Investors Inv Tr N Y Coll * Investors Fund of Am Taé Mass Invest Tr Mutual Invest Nation Wide Sec vt N Y Bk Tr_Shrs North Am Bond Tr Ctf Quarserly The Sirs Selected Am Sh Selected Am Sh Inc Selected Cumul Sh Selected Income Sh © .. Spencer Trask Fund .. Stand Am Tr Shrs Stang Super Super Super Super Super Trusteed N ¥ Bk Trusteed Am Bk “B" DIVIDENDS ANNOUNCED NEW_ YORK. January geclared (prepared by istics Corp, 1. —Dividends Standard Sta- | Extra. Pe- St'k of Rate. riod. Tecord 3-1 Pav. Company. North River Insur. My Armstrong Cork Resu Alaska Pack Asson.. . Reduced. .40c Regular. Fidelity Fund .. Brookiyn, Edison . Consol” Paper Consol Paper Guggen| pf Hormel (Geo A Hormel (Geo A 6 pf.. . Lord & Tayior ist pt Magnin (1) 6% pf Magnin (D) 6 Magnin (1) Becurity Insur Signal Rovalties’ A 1 2D POOOOOOOOD OO KO : OO Penn R R i Colg-Palmolive-! PPP( Hale Bros’ Sto Hevnolds Metals » SHORT-TERM SECURITIES. (Reported py Chas D. Barneg & Co) Offer Allis-Chalmers Co. Amer. Beet Sug; L} < 19. 150% 10025 Delaware & Hudson 5s. Den. & Rio Gr. 4'zs 1036 Edison EI. Iilum. 4s 1 or, it Pure Oil Co. ! Rep. Iron & Stee Sinclair Cons. O Vanadium Corp. Wabash Rwy. Warner Bros. fs 1 U. S. TREASURY NOTES (Revorted by Chas. D. Barney & Co) Rue—MMnumy Bid. OIL DEAL TALKED. NEW YORK, January 23 (#).—Dow, Jones & Co. says it is understood the Standard Oil Co. of New Jersey is considering acquisition of the proper- ties of Standard Oil Co. of Kentucky through offer of an exchange of stock. RUBBER FUTURES. NEW YORK. January 23 (#).—Crude Jubber futures opened barely sieady, o to 6 lower. January. unquoted March. % 08 May. THT4e1%: San S aoeT Market Averages Compiled by the Associated Press STOCKS. 30 15 Indust s 15 60 gl Stocks het th ee —.00 =04 —07 Movement of Recent Years. 32 Low 45 & 01 64759 1858 #5167 04 10260 Ten Low-Yield Bonds. pm.... Prev. day 108.65 Year sgo. 10284 Py 10046 1 Mo._ ai 0 %361,}: h ln’l ‘ 7 1533 ek 10250 1% Hm (0330 X 40| 00 : 5| Finnish 6% LIBERTY BONDS. High. Low 2.55. 18158 1932-47 10418 10416 10418 | 1stov 4% s 32-47. 103 30 10329 10329 4th 41,8 1933-38. 10328 10326 10328 4th 4% s 33-38 reg 10323 10323 10323 fth 4%833-38 1022 102 1022 34 called. . 10131 10131 10131 j4th 4145 33-38 sd called reg. TREASURY BONDS. 351946-48..,. 10224 10210 35 1951-55. , 1036 10229 %8 1946-49 315 1949-52 3% 81941, . 10530 10520 | 3% s 1944-48 0418 1046 | 3%81940-43 June 1061 10531 3% 5 1941-43 Mar. 1061 10530 10531 335 1943-47 10524 10523 10524 3% 8 1946-56 10830 10822 10830 48 1944-54 11012 1104 1108 4 31 ® 43-45.. 10416 1042 10411 | 438 1947-52 . 11426 11422 11425 | 4% 1947-52 reg. 11423 11416 11423 FEDERAL FARM MORTGAGE BONDS. 10222 1036 104 10320 10520 104 16 106 . 10022 100 15 10022 10214 1027 10214 HOME OWNERS LOAN BONDS. 9R12 982 9812 10110 . 10110 1019 FOREIGN BONDS. High. Low. 2:55. 38y 37% 38y 93 921 10 10 9% 9% 110 Abitibl Pa&Pw 58 53 Akershus 6563 .. Antioquia 7545 A, Antioquia 7s '45 B, Antioquia 7s '45 D. Antwerp bs ‘58 Arzentine 5845 Argentine fl%s 62... Argentine fs 57 A... | Argentine fs 58 B. .. Argentine s ‘59 Oct. Arzentine 88 ‘60 Sept Argentine 6560 Oct. Arcentine 65 ‘61 Ma | Australia 4%s '56. | Australia 5s ‘85... Australia 68 ‘67 . Austrian 7s 43 gtd Austrian 7s'57.. 10 Belzium 6s ‘55 | Belgium 63849, | Belztum 7s” Belzium 7s ‘5| Berlin Elec 145 51, Berlin Elec 6% Bolivia 8s 47 Brazil 8148 Brazil 8s 41 Bremen St 7s Brishane §s '57. Brishane 5s '58 Brishane 6s 50 Buenos A 6561 st May coup off. . | Canada 4s 60. Canada 4%s '36 Canada 5s °5! { Carlshad 8s ‘54 Chile 6s ‘60 Chile 6s'61 Feb. Chile 6s 61 Sept.. | Chile 75 42 | Chile sforte Bk 6362 | Chile Mtg Bk 61557 | Colombia 6s 61 Jan. . Colombia 6s ‘61 Oct. . Col Mtz Bk 7s 46.... Copenhagen 41%s 63 Copenhagen |Cua 5%s 45 Denmark 4148 '62... Denmark 51z Denmark 6s 42... Dominic 1st 518 | Dominic 2d 53 Dresden sf 7s '45 Estonia 7s ‘67 Finland 6148 '66. | Finland 7s 60. . 10214 1005 1007 % 1007« 3 18313 102y 100% 106% 1007% 18312 | Finnish 61¢s'54 B... | French Gov 7s 49. | | Ger Prov & City Bk | con Ag 6%5'58.. | German Gov 5%s ‘65 | German Rep 75 '49. m 'Great Br & It 514537 4 115% Grt C El Jap 6%s '60. 9 79 44 34 | | Hait1 6s '62. A 8514 Helsingfors 8‘5! 0. 4 102Y% 39 v3 ilseder Stl 6548 . italy 7s 51 9% 911y Japan 5%s 65. Japan 615s 54. Kreu&Toll 5s'59Acts. 317% Low A Hy E6%s 44. 95 5 10% 83 Mex 4s°10-45 asst 8., Mexico 5545 asst | }nman 6%s 102% % 102% 73 100 101 105 105% 1023 92 101% 4 100% New So Wales 6s ‘A7, New So Wales §s 68 Nor Ger Lloyd 6s°47. Norway 63 63 . Norwav 5128 '65. Norwav 6s 43 Norway 6s ‘44 Norway 6s ‘52 . Norw Hy El 548 ‘67, Norw Mun Bk bs 67, Norw Mun Bk 5s "IO.. Oriental Dev 6s 63.. 8% 6 40% v 156% 9 T6% 89% 18% Panama 55'63 std asd. Paris Orl Ry 6%s 68. Peru 6s'60. Poland 6s '40. Poland 8s 50.. Por A 7%s'66Jul ¢ oft Porto Alegre 8s'61 June coupon off. 18% 107 109 34% 41 41 Queensland 6a°47... Queensland 7s ‘41, Rhein Ruhr 6s "6 Rhine W EI P 63 53.. Rhine W EI P 65 '53.. Rio Gr do Sul 65’68 June couoff... Rio Gr do Sul 7s 66 May cou oftf. Rio Gr do Sul 8346 April cou oft Rio de Jan 6%s ‘63 Augcou oft... Rio de Jan 85 '46 April coupon oft Rome 6%s '52.,. Rumania 7s 69 Aug coupon off.... Sao Paulo Cy 6%s'57 May coup off Sao Paulo St 78 40... Santa F Arg 78'42 stp Saxon Pb W 78 '45... Serbs 8s'62 unm ¢ on Siemens & H 6%s ‘61, Siemens & Hal 75 '35. Silesia Prov 78 '68... Sydney 6%s 65.. —_— Talwan £1 5%8 ‘71 Toho El Pw 75 '65. ‘Toklo 6%s 61 Toklo El Lt 6863, Tolima 7s '47. —_— Un Stl Wk 6%8°'51 A, UnStl W 6%8'61C.. Upper Austria s 'cs 107 lo’l Uruguay 6s 6 39% Yokahama 6s '61.. 821 82% DOMESTIC BONDS. Abr & Straus 6%s°43. 104 103% Adams Exp 48 48, 87% 8% Alb Per W P 6848 54 64 Alleg Corp b8 44 8% T2% 64% 64 24y 24% 24% 24% 106% 106% 100% 100% 100 99% 100% 100% 56% b56% & 136‘15 106'& 110% 110% 110‘4 17% 18 Alleg Corp bs ‘50 ctfs Alleg Val 4342 Allis Chalm 6s 37... Am Beet Sug cv 6840 Am Chain 6s’38..... Am & For Pw b5 2030 A 1 G Ch 63849 Am Intl 5%s 4 Am Roll M 65 ‘38 Am Smelt & R 5 '47. 104% 103% 103% AmT& T 4%s°39... 108% 108 108 Am T & T cl tr 5s 46, 108% 108% 108% Am T & T deb bs 60.. 112% 112% 112% Am T & T deb 65 '66.. 112% 112% 112? 106% 100% 100 100% 561 ms'/. Received by Private Wire High. Low. 2:55. AmT& T5%s 43 Am Wat Wks 58 ‘44 Am Wat W] 16 Ann A 1st ex in 48'95. Arm & Co 4%s ‘39 Arm o1 Del 63%s ‘43 Armstrg Cork 6s 40, AT &S Fezn4s 95, AT&S Fead 42’955t AT&SFedls 48 A T&SFRMt divas'6h A T&SF TCSL 4s 68. AT&SFCA4%s 62 Atl Coast L 18t 4s 52 Atl Coast L clt 4s '52. AtIC).un4%s'6 Atl & Dan 1st AUG& W 168 At] Refin deb 6s '8 Aust & Nor 6s 41 Bal & Ohlo 6896 F. ., Bal & O ref 68 2000 D. Bal&Oref 6s'95C. . B&0 PLE&WYV 4s 41 Bal & O Swn 58 '50 & O Toledo 4s ‘59 Bang & Aroos 4s '61. . Bell T of Pa 6s 48 B. Bell T of Pa 58 ‘66 C.. Beneficial L6s 46 Beth Stl pm 6s '36. Bos & Me 4% 61J Boston & Me 6s '55. Boston & Me 58 °67... Bos&N Y A L 4s'55. Bklyn Edis6s 49 A. . Bklyn Edis §s '52 E. Bklyn M T 6s 68 A. .. Bklyn Unton El 6s ‘60 Bklyn Un Gas 68 '45. BR& Pcon4k%s 57 BR&P5s'37.... BCR& N b5 '34 ctfs. Bush Term cn s 55. Bush T Bldg 55 °60. . By-Prod Ck 51s 45 - Calif Packing 55 40.. Calif Petdb 5% Can Sou 5562 A. Can Nat Rys 415 '51. Can Nat Rys 4%s ‘54 Can Nat Rys 43%s '56. Can Nat Rys 4%s 57. Can Nat Rys 43%s '68. Can Nat Rys 4%s'55. Can Nat 5569 July . Can Nat 6569 Oct. Can Nor deb 6%4s'46. . Can Nor deb 7s '40. . Can Pac deb 4s perp. . Can Pac 4%s '46. Can Pac 4 %3 '60. Can Pac s '44 ctfs. Can Pac 5= ‘64 Carol Cent con 4s'49. . Cent LIl E& G 58 51. Cent N Eng 4s ‘61 Cent of N J 45 '87 Cent N J gen s ‘87 Cent Pac Izt rf Cent Pac bs '60 Cert'd deb 6%s 4 Chesap Cp cv cl 5544 Chesap Corp 65 417... C&O04%s'93 A C&04%8'95 B C&Oconb5s39... Chi & Alt ref 3549 Chi B &Q gen 4s ‘58 Chi1B&Q4%8'77. Chi B & Qref 58 °71.. C B&Q 111div 315849 ChiG L &Cb6s'37 Chi Grt West 4s'69. . Chi Grt W 4s ‘69 stp. Chi In & L gen 6s '66. Chi In & L gen 6s '66. Chi Ind & So 45 '56. CM&StP 45 °89....... CM&StP gn 4%s'85C CM&StP 4%s 89 E... CMStP & P 58°'75 CMStP&P ad) 58 2000 Chie NW gn 3135 ‘87 Ch1 & NW gn 45 '87.. Chi & NW gn 4s '87 st Cht & NW 4755 2037, . C& NW 4%52037C.. Chi& NW 4%s 49. Chi & NW gn 5s 87 Cht & NW rf 5s 2037. C&NW Nr W olgs 36 CR1&Prfas'3e MO mem 45'51 Ch! U Sta 414863 \.. ChiUSta6%s'63C.. Chl & W Lcon 48 52, . ’(‘m& W 16%s 62. Childs Co 5s 43 Chile Cop deb 68 J’I‘. Cin Gas El 4s 68 A. Cin Un Ter 418 2020. Cin Un Term bs 57 C. Clev & Mah V 5s'38.. Clev Short L 433561 CCC&StL rf 4%s'77E Clev Un Ter 4%s '77. Clev U Ter §s 73 B... Clev U Ter w.:"z A. Col Fuel & 1 6 Col Ind cl tr bs 30. Col& Sorf 4%s 35 Col & So 4%s '80. Col G&E 68 52 May.. Col G & E 58 61 ColRPLIlst4 Com Inv Trb%s 49.. Con Coal Md rf 6s'50. Con Coal Md 58'50cts. Con Gas N Y 4%s 51. Con Gas N Y 6s '67.. Con G NYdb5l 05 Con Power 68 5 Container 6s '46 Crown Will P 68 '51.. Cuba R R 1st 58 '62.. Cuba Nor RR 6158 '42 Cuhan Cane P 6s '50. CumbT & T 6s'27.. Del & Hud rf 43 43.. Del & Hud cv §s'30 Del & Hud 5%s '37. Den& R Gcn 4s'36 DenverG&E 58 *51 st. D& RG W 68 ‘55 asst Det Edison 414861 D. Det Edison §s 62 . Detroit Edison 5s'62. Ddge Brev db 6s 40, Dul SS & At 6537 Duqu Lt 1st 4% 6 E Cuba S 7%s ‘37 EIP&S Wref 5s 65 Eriecv 4s 63 A . Erie 4s°96.. Erie gen 4s ‘96 Erte rf 6s'67. Erterf 6s'75. Erie & Jersey 6s ‘55 . Fed Lt & Tr 6s'54 B.. Fla EC Ry 4%8'69 Gannett 6s 43. Gen Am Inv b8 '52. th Baking 6%s '40. Cable 6%s 47 Gen Pub Sve 5%s39. Gen Steel 518 49.. Gen Thea Eq 63 40... Gen Th Eq 6s '40 cf Goodrich 6s "45. . Goodrich 6%s 47. Goody'r T & R 63 '57. Gould Coup 6s'40.... Gr Tr'k of Can 6s'36. Gr Tr'k of Can 7s'40. Gt N R gen 4%s'76 D. Gt N R gen 4%&'77 B. GtNRgen6s'73C Gt N Ry 6% Gt NRpgen7s 36 A.. Gulf M & N 5s'60 . Gulf M & N 5%s '50. Gulf Sta St} 63%s 6!. Har Ry-PC1st 4s 64 Hud & Man ref 68 '57. Hud & Man inc 68 57. e e e 111 Bell Tel 63°56. ... 111 Cent coll tr 4 11l Cent ref 45 ‘55 111 Cent coll Il Cent 4%s I11 Cent ref 6s ‘56 I11 Cent 6%s ‘36 11 Cent Lou 8%s '63. ICCStLNO 4%s 63 ICCStLNOGs 63.. Inland Stl 4% iniand Stl 43 Int R T 1st rf & IntRT 7832 Interlake 65 ‘51 Int Ag col 65 '42 ltp. . Int Cement 63 '48.... 112% 96% 6% bdly . 1031y 1041 104% 1083, 102% 10814 1021 103% 110% 102 8214 92% 424 46% 107% 90 103% 102% 56% 3% 112% 95% 6% 54 103% 104 1041 10814 1025 1081 1021y 1031 110% 102 81 92 42 464 1075 90 103% 102% 55% 2% 1% 1% 831y 99% 103% 1034 109% 112% 95% 76% 5414 103% 104% 104 1083, 102% 10814 1021 10314 110% 115% 119 109Y% 1124 1 104 113% 111% 104% 4 115% 9014 1001 101 1151% 117 120 167 86 101 111w 103% “ 11 4919 1081 100% 1035 105% 1071 10014 102 2914 38% 2] 107 89 100 102 34 104 974 108% 109% 109% 106% 44 108'% 100% 1093 108 112% 10215 109% 109% 101 36 Direct to The Evening Int Gt Nor 5s ‘66 C... Int Gt Nor 6s ‘52 A. (nt GtNor adj 68'52A. Int Hydro El 6s ‘44.. Int Mer Mar 6s 41 Int Pap ref 6s ‘656 ln!Rn!CAS‘As'H IntT& T 4%s 62 ... IntT & Tevdaks 39, Int T& Tbs 556 .. Inv Equity 5547 A. InvEqbs 48 Bww.. James. F&C4s'39.. Kan C Sou 1st 35 60. K C Sou rf in 68 ‘b Kan C Ter 1st Kan Gas&Fl 41s '80. Keith 65 46. Kelly Spr Tire 65 '42. Kendall 63%8 48 ww. Kresge Foun 65 '36. . Laclede Gas 58°39... Laclede G 5%s 63 C. Laclede G 6%s 60 D. LE& Wn Ist 65°37.. Lake S&M So 3%8'97 Lautaro Nitr 65 '64.. Leh Val Coal 5s ‘44. Leh Val o= ‘54 . L V&N Y 4%5'40 gtd. L V Pa con 45 2003 LV Pacon4%s 2003, Ligg & Myr 68 ‘61 JARR & Myr 784 Loew's 6s 41 Long Dock 6s . Long Isl gen 4s ‘3§ Long Isl ref 4s ‘49 La& Ark5s'69. ..., Loulsv GKXE 58 ‘52 A. Lou & N unif 4s '40. Lou & N 4145 2003 C. Lou & Nash 6s '37 Lou & N 65 2003 B Lou & N rf 5145 2003, Lon & N P&M 45 ‘46, Lou & N St L 3s '80 McKess & R 6%8 '50. Man Ry 4s 90 Man Ry 2d 4s 2013. Mflrlon St Sh 6s '47, Mead Co 6s 45. et 0 15t rf 43 68 Met Ed 1st rf 6s '63 MichCent 3128 '51... Mich Cent 4148°79.., Midvale Sti&O 6s "36. Mil El R &SL és 61.. Mil E] R&L rf b8 °71. Minn & StL 58’ 24 efs. M.StP& M.StP& MOK&T4s'62 B . Mo K & T ad1 5s 67 Mo Pac §s 80 H. Mo Pac 55’81 A ctfs.. Mo Pac5%8 49 A. . | Mont Pow s '62 A. Mont Cent 6s 37 Morris & Co 435539, Mut Fuel Gas 5 Murray Body 6% Nat Dairy 54 48. National Steel 53 '56. Newb'ry (JJ) 628 40 Creru-,s ou., Cref4ls 2013 n ¥ Cent ref 5s 2013. Cent deb 68 35 Cent cv 65 44 S R L ist4s 81 tL4k%s 78, &StL 513874 A, ‘&St L 1st 6s°35 .<.<.<.<.<.<.<.4_-<<.<,.<.< Edison 6s 51 C.. NY L&W 15t 48 73... Y. NH&H 233856, Y. NH&H 4s 56. . Y. NH&H cv 63 48, Y. O&W gen 4s 55. Y.0&W ret 4s ‘42 Y & Putnam 4s '93. ¥ Rys inc fs 65. : § & Rich G Y Steam 1st 6s 17 2227222222 Norr & W 1st 45 96 No Am Co 6s ‘61 Nor Fac gen 3s 2047, Nor Pac 4 r Pac 4%s 2047, Nor Pac 55 2047 C Nor Pac 6s 2047... r Sts P 1st 63 °41 A or Sts P 6s 41 B.. Ohio Pub Ser 735 ‘46 Ore-W R R & N 4561 Otis Steel 6s '41... Pac Coast 55 ‘46 PacG & E5s°42 Pac Pub Serv 5s 36.. Pac Mo 2d 5s 38. ., Pac Tel st bs '37. Pac T & T ref 65 '62. . Par F' La fs 47 ctfs. . Par Pbx 538’50 ctfs. Par Pbx 653850 flied Park-Lx 61s ‘53 ctfs Penn R R 31537 A, Penn R K con 4s 4¥.. Penn R R 458 81 D.. Penn R R 44 s 84... Penn R Ren 4%s 60. Penn R R gn 4%s 65. Penn R Rdb 41,870, Penn R R 4%s5'63 Penn R R 55 ‘64 . Penn R R gen 5s '68.. Penn R R 61836 Penn Dixie C 6s 41 Penn P& L 4%s '81.. Peo G L & C ref bs '41 Peoria & F 1st 4s * Pere Marq 1st 4s Pere Mara 4% s 80. Pere Marg 1st 65 '56. Phila Co 6s 67 Phila El Co 4s Phila El Co 4%s '67.. Phila&k RC & 1 6878 Phila & RC & 1 65°49 Philippine Ry 4s'37. Phillips Pet 5% s ‘39, Pillsbury Fl M 6s ‘43, PCC & StL 4%s8'77C. Port Gen El 4328 60. Port Gen k£ 4% s'60as Port Gen El 1st 65 '35 Porto Rico A T 6s '42. Star. la' 2:55. 8’! 100% 100 81% 93% 101 105% 107 110 102 Postal Tel & C 6! ‘63, | PubS EI& G Pure Oil 5% Pure O11 5%s 40, Purity Bak bs ‘48 Reading 43%s 97 A. Reading 4%3'97 B... Reading Jer C 4s'o1.. Rem-Rd 6%s" 07Aww Rep | & Stl 65 40 Rep | & St], Richtield Ol 63 Rio Gr Junc 58 39,0 Roch G &E 63 62 E.. —_— StJ Ry L H&P 68'37. StL IM&S R&G 438, St .lrSi‘l%! 78 of st StL-SF 6850 B t StP U Dep ref 6s 72 San A & A P s 43 San An Pb S 6s'52 A. Scioto V&NE 4s'89... Seabd A L 4s'50 std.. Seabd A L 63745 A 36 38 B4 51% 51% 55 80% 63% T0% 68 100% 100% B1% 6% i 105% 102% 70 53% 117 130% 105% N BONDS ON NEW YORK STOCK EXCHANGE| High. Seabd A L 68'45 Acfs. Sharon S H 5% Shell Pipe L 6; Shell Un 01l 6; 3 SincCon O 78’37 A... Skelly Ofl f3;m°39.., So Bell T& T bs 41.. So Col Pwr 6s So Pac col 4 So Pac ref 4 So Pac 4348 So Pac 4%s So Pac Ore 4348 '11. . So Pac § F Ter 48'50. 80% 103% 60% 4 103% Southw Bell T bs "64. Spokane Int 6s '55... Stand Ol N J 68 Stand OlIN Y Studebaker Studevaker 6s'42ctfs. Tenn El Pwr Term Assn St L 48 " Texarkana 6%s '60.. Tex Corp cv bs 44 Tex & Pac bs'79 C Tex & Pac 68 '80 D. Tex & Pac 18t b3 2000 Third Av ref 4s 60... Third Av 1st bs ‘37 Third A ad in ex b8’ Tob PrNJ6 Tol & O C 1st '5s '36. . Tol & Oh W div 5s '35 Trumbull Stl 6s 40.. UnEL&PG6%s'S Un Pac 45 '68 Un Pac 18t 4547 Un Pac 1st rf 48 2008 Un Pac 4%s 67 . United Biscuit 6s '43. United Drug 6s G Utah P & L 63 44. Util P & L 68 '59 ww Util P& L 6% 47 Vanadiumcv bs ‘41.. Va Ry 15t 63'62 A... Vas Wconbs'58.... —_——— Wabash 4%s 78 Wabash 1st 6839, Wabash 2d 68 '39. Wabash 5s'76 B. ., Wabash 6%s 76 . Wabash Det&C 58'41. Walworth 65 45 A. .. Warn Bros cv 6s '39., Warner Quin 68 °39. . Warren Brcv 6s 41.. W Sh 1st4s 2361 gtd. . West £l deb 58 "4 West Md 1st 4852, West Md 614877, WN “&Pgen4s’'43 West Pac 5546 A. .. West Pac 5546 A ast West Un 4348 50. . West Un col tr 6538 West Un bs '51 West Un 5s '60 West Un 63,836, Wh& LE4%s'66A. Whee! Stl 435553 .. Wheel St 51,848 A, White Sew M 6s'40. . W Sp Stl 1st 78 '35 ct. W Sp Stl con 78 ‘36 et Wilks B&E Ist 55 42. Wilson&Co 18t 6341 108% 1087 Youngtn S&T 55'78A. ¢ 951 Youngtn S&T 68'70B. 95% 954 951 BLACK & DECKER 95 % | BUSINESS cuMBs' Company Reports Large Increase in Year's Sales—Foreign Market Is Expanding. —_ By the Associated Press. BALTIMORE, January 23.—Sales of the Black & Decker Manufacturing Co. are showing a considerable in- crease over the corresponding period last vear, according to President S. Duncan Black. Foreign business of the company, which has a manufacturing plant at Slough, England, has also shown an | expansion in recent months, he said. The Black & Decker Manufacturing Co., which started here in a small way a number of years ago, is now the largest manufacturer of portable elec- tric tools in the world. 51 ExTRA IS ORDERED BY LIGGETT & MYERS By the Associated Press. NEW YORK, January 23 —Directors of Liggett & Myers Tobacco Co. today declared an extra dividend of $1 a share on the common and common “B” stocks, both payable March 1 to stock of record February 15. Similar extras have been paid at this time in previous years. Net income for the year 1934 amounted to $20.086.690, equal, after charges, etc., to $5.92 a share on the combined common and “B” stocks, compared with $16,731,175, or $4.84, in the previous year. Directors of the Bristol-Myers Co. declared an extra disbursement of 10 cents and the regular quarterly divi- dend of 50 cents on the common stock, both payable March 1 to stock of rec- ord February 11. DOLLAR GOES LOWER IN LONDON DEALINGS By the Associated Press. LONDON, January 23.—The United States dollar lost 3% cent to the pound today, closing at 4.8811-16 to the pound as compared with yesterday's close of 4.885-16. The upemng was at 4.8815. The French franc closed at 7438 to the pound as compared with yester- day’s close of 74.25. PARIS, January 23 (#).—Three per 109% | cent rentes, 83 francs 50 centimes; 4! % 247% 102'% 108 106% 58% 5T% per cent rentes, 92.60. Exchange on London, 74.34. dollar was quoted at 15.21% The JOHN MUIR IS DEAD. NEW YORK, January 23 (#).—John 98% | Muir, a Wall Street broker for nearly 51 half a century and a pioneer in the 51% | odd-lot business on the New York 105% 100% 100% 107 107% 993, 99% 104% 102 29% unchanged. 85% 108% 9% 641 53 14% 12% 11% | cent. 17% 7% 514 80 % 108% 108% 114t 83% 1141 83% 1024 102% 102t 109% 109% 18 18 1091 8 Stock Exchange, died today at the age of 88. He was senior partner in the stock exchange firm of John Muir & Co. X METAL MARKET. NEW YORK. January 23 (#.—Cotper quiet: electrolytic. spot and future. Blue Eagle, 9.00. Tin steadier: spot and near- by, 51.10u51.15; future. 50.85, Iron guiet. Lead nend! spot, New York: Lous. 3. Zine barely Louls. P nt and future. | uminuz 16. 00422700, “Kntimony. MONEY MARKET. NEW YORK, January 23 (#).—Call money steady: 1 per cent ali day. Time loans steady; 60 days-6 months, ‘/qll per Prime commercial paper. 3. Bank- &rs' acceptances unchanged. ~ Rediscount rate, New York Reserve Bank, 1'% per cent. 3.70; stndy East 8t. 3.70. Al spot. FREIGHT LOADINGS. NEW YORK. Januai 23 (.—Revenue freight loadings on rail ry.d! reporting to- day-for the "Week ended January 10 in- stds Week Previous Lust week. Yo tral. 9 555 95.036 92 4"0 fabath s eocaenss 12878 15971 11,561 FINANCIAL. EGG QUOTATIONS MOVE HIGHER HERE Gain One-Half to Cent, With Snow Expected to Cut Receipts. ‘With heavy snow expected to cut | down receipts, egg quotations were firm and one-half to a cent higher on | the Washington produce market today. Live poultry was steady to firm. Fowl' pricés advanced a cent. ‘The summary with egg, live poultry, fruit and vegetable prices furnished | by the Department of Agriculture fol- One-pound prints (92 score), 1-pound prints (30 _scar i 1-pound prints (X8 score). 43; 7; veal, 14a16: lamb, h. - 18al9: frozen, L onokea Rams: lard. 14%a 1515 compound. 15%a1s LIVE STOCK—Hogs. 80% 'iamos, GS-—Market firm and prices 1 1 Cent higner. Snow expected to_slow down_receipts. rrent receipts hennery whites. 20a30; Government graded and dated white U, § extras large, extras, mediums. 34 sunanrdx .4 101RS, 4% Government sraded brown eggs. U. S. extras. g 958 uvr: POULTRY—Market ~cenerally | steidy to_ firm. Prices on fowl Biehey. Cromi coloned” all” sites, Leghorns. 12al4: roosters. 7af chikens. mixed colors. all_sizes. Spring broilers. Plymouth Rocks. turkeys. young toms and hens old hens. 1Xa20: old toms. 5,Lo 4 vounds. to # pounds. | slips. 15 Fruits and Vegetables. Bales In large lots by original receivers | up to X am. todat APPLES—No carlot arrivals: one broken | Bushels ma ket No and two unbroken cars on track Supplies moderate: demand I!‘JMS i Sinel .-mch mmmum U.S. No. 1. 2%-inch minimum 1.50a1.60. Del; minimum 2ie-inch minimum 1 1.15a1 25 Jonathans. rimum. 00 Borum; J o1 i “o0a extra fancy. fancy. ‘175 Orego to large sizes exira 2 C_grade Sta mbination 'extra fancy and fancy. C grade. 1.50a CABBAGE—One Texas arrived: six broken and five unbroken cars on trac) New ~stock: Su ight " Two California arrived and_eix unbrok Supplies moderate sieads one cars on track de ht; market washed. three Ari- T ve cars div d eight unbroken crates fair con- No sup- P ONIONS. She’ Michisan arrived: three broken and three unbroken cars on track. Supplies moderate light: market Michican, New York and Ohio. cks veilows. U. 8. do 10 SheKs Valenias and larger, 1.45a PEAS—No_carlot_arriv and one unbroken cars on \rrodwn e: demand ligh ia. bushel one_broken ck market hampers ght Maine arr! nbroken ca: <T‘flA\\BEPkaov\r Fiorida by one hroken car on §“EFT PfiTATOE"-*Dn“ North lina arrived: one broki | cars on track. Supoiies moderate: de- | mand light: market steady. North Carn- lina. bushel baskets. Puerto Ricans. most's aryland. Anne Arundel n’nperc Jersey type. U. o a1 TOMATOES—No carlot arr on track. ~ Supplies light: Cuba. truck recei boxes . wranp 6x7 mostly aro skets. ripes. wrapp: TIXED vrnzTABLFs No carlot ar- rl»fi;;'{‘v.uthAhléa_anr( on track. ractically no’ sugplies on the market. ¥io) e Green Beans Weak. GREEN BEANS—Supplies light: slow: market weak. Florida. bushel ham- pers round. stringless. 4.50: few 5.00. PXPPERS—Practically no supplies on the, market. SQUASH—Supplies very light: demand limited: market ~weak. Florida. bushel baskets. Italian 3 light: demand light: marke! 115-bushel crates— Florida. *Cuba. 4 (088 50, OKRA— Pmcncam no suplies on the market CUCUMBERS—Supplics light: demand Cuba. bushel crates light: market steady. 4.00a4.50. ROMAINE—Practically no supplies on the market CAULIFLOWER—NOo carlot arrivals; one car diverted: one broken and three un- broken cars on track. Supplies moderate: demnndllxsh!‘ (market steady. California. 50a1.60 S-—Supplies moderate: demand Hehe:- raarker siightly st lght: AN y stronger. Virginia. inpijes moderate; _demand light: market slightly stronger. Virginia, bushel baskets, 35845 SS—Practic: the e ally no suoplies on RHUBARB—Supplies moderate: demand slow: market steady. Michigan. 5-pound cartons. 50260, BROCCOLI—No _carlot arrivals: _one broken and one unbroken cars on track. Supplies light: demand light: market steadv._ California. crates. 2 CARROTS—No carlot_ a: l’llr%)(lgen cars on track. Texas. 50l BEETS _Texus % crates. el URNIPS—Pennsylvania. ts. ) 00a65: Canada. Crro- and one unbroken demand vpe. upplies. steady Ais: two 2 crates. B0ctiet suchei bas- 50-pound g sacks. SALSIFY_—Nearby sections, 8 per bunch. PARSNIPS—Pennsylvania, ' bushel bas- kets. mostly around 75: Y2 bushel baskets. 0, QRANGES—One California._one Florida arsved: v brokes " oag ared unbroken gars op track,, Florida" boxes” No "1 5 5oa 3.25: 2. 2.00a3.00. according to size GRAPEFRU!T—om Texag arrived: ‘two unhroken cnrs on track. Florida. boxes. 250 few special marks high- e N 2.0 TANGERINE: o broken car on track Florida 4s-bushel boxes. 1.00a: 1.50. according to size and condition. | AVOCA! Dos—r'lgndlnhoxes $1.25: Cal- ifornia _boxes,_1 - ?‘RA pain. kegs. 3.5024.00: few ohe MONS—Californta. boxes. 4.00a5.00. actarone Jo orade med sioe PINEAPP] a_ crates BANANAS—One 'car arrived:” broken car on track PEARS-No cariot arrivals: one car di- verted: no cars on track. L. C. L. Express Arrivals. Bask t‘dl—‘? El’l"&“l lvogldolws‘: 2“!}\!‘ askets ars] crates 3 Bushel ‘baskeis Saussh, 28 crates (36-oint) Dirawberties. one. ca 78 {!\llhfll hampers snap be carlot arrivals: one mnshmom- nds) rhu- known origin. - SAVANNAH NAVAL STORES. eipts. xru qnau 4.30: §0: H, 4.85: M. 490 N, 5"0. WG, 5.70; ww end X, 6.20. ‘ |the Board of Manag FIRM SUSPENDED IN SUGAR PROBE B. W. Dyer & Co. Barred by Exchange as Result of Recent “Squeeze.” By the Associated Press. NEW YORK, January 23.—The New i York Coffee & Sugar Exchange to- day suspended for a period of 18 months the firm of B. W. Dyer & Co., Applications apartments properties. Tyler & Rutherford, Inc. Mortgage Loan Correspondents Mutual Benefit Life Insurance Co 1520 K St. N.W. Na. 0475 | 4 A | invited for Loans on business and residential LOANS Secured on D. C. Real Estate Reasonable Charges Prompt and Courteous Serviee PERCY H. RUSSELL CO. BILE s NW. 3 Massachusetts as a result of the investigation into the short squeeze in the December, 1934, contract. firm from the privileges of the ex sured six other prominent firms “for and admonished seven other member firms that in the future the board “will expect their every action to be taken with full realization of their responsibility to further the best in- terests of this exchange and to co- operate with the Board of Managers.” Among the member firms censured were prominent firms holding mem- berships in the New York Stock Ex- They were: Thomson & McKinnon, Hayden Stone & Co., Little & Christian, Lobo & Co, Lamborn. Hutehings & Co and J. Aron & Co. The first admonished were Lehman Brothers, Abbott, Proctor & Paine, Eastman, Dillon & Co. Farr & Co., | Frank C. Lowry & Co., E. M Richards | & Co. and Shields & Co. In the case of the latter firms, und cir- cumstances in their and understandable,” reminded them that they were “obliged and expected to make unusual and ex- traordinary efforts to effect the pur- pose of the board and bring about the liquidation of their clients’ De- cember, 1934, contracts.” The member firm of Slaughter, Horne & Co. was absolved from any blame in the alleged squeeze and com- mended for co-operating with the Board of Managers. . a member of the sugar | brokerage firm of Lamborn & Co., and a member of the board of managers of the New York Coffee & Sugar Ex- change, resigned from the board today shortly after the board made public its findings into the alleged squeeze in the December position. The firm of Lamborn & Co. is sep- arate from house of Lamborn, Hutch- ings & Co., which was censured in the report for failurg to co-operate with the board in straightening out the tangled affairs in the December con- tract. EASTERN ROLLING MILL OPERATIONS EXPANDED Special Dispatch to The Star. BALTIMORE, January 23.—Opera- tions at the Eastern Rolling Mill Co. in the last week were around 75 per cent of capacity and may expand a few more points next week, according to President A. J. Hazlett The Gemand of automobile manu- facturers for sheet steel, which has been expanding heavily since the first of this year. hes given the company the principal part of its business. Indications from leading manu- facturers at present are that the tomobile demand for steel will con- tinue well into the Spring. and per- haps well into the Summer season. NEW YORK BANK STOCKS Telephones. | Bk PRODUCE EXCHANGE AEW YORK 23 (P.—Pr ndx:r U.s. TREASURY POSITION. By the Associated Press. " Receipts” for January parable d‘\ll: last expendi: S, Momnun_sn.vrn MONTREAL, January futures poied caster. Januar 5 Jul Steel Files Steel Cabinets Adding Machines Mrgched O OFFICE FURNITURE AND EQUIPMENT BAUM’S 1416 Eye St. N.W. National 2184 we Sell Buy Exchange No Commissions No Renewals Loans Repayable Monthly Take 12 Years to Repay Your Loan In addition to suspending the Dyer ! change, the Board of Managers cen- | failure to co-cperate with the board | in the best interests of the exchange,” | change and other organized markets. | | “mitigating .~ Bilver Baas0: | Il Investors Trust Prospectus on Request William W Mackall, Investment Securities 218 Woodwa. Ir. REAL ESTATE LOANS ON D. C. PROPERTIES Prompt Action on Applications Real Estate Mortgage and Guaranty Corporation National 1403 1610K St. N.W. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & Indiana Ave. N.W. LOANS On Improved District of Columbia Real Estate Security 73rd series of stock now open for subscription Black Levant Fabrikoid. 3 rings — 1-in. capacity Takes 8lx11- inch sheet. Dur- able—attractive. Eeck a2 PAPER COMPANY STATIONERY STORE 718 13th St. NW. Telephone NAtional 1974 lnves{menb Save Money! Through the Building and Loan Plan of Saving! « «» . and let it work for you and earn | interest! @ By putting a portion of your ine come, each month, in “The Fidelit; you are assured a safe and sane in- vestment . . . and you are at the same time acquiring the habit of thrift, Come in and Learn Fully About the “Ideal Plan” of Saring. We Pay 5% Compoundcd Semi-Annually from the date of payment to | the date of withdrawal | ® You can open a Savings Account | IN ANY AMOUNT...and you'll always find, at “The Fidelity,” a friendly spirit of helpfulness and co- operation. The Fidelity Building & Loan Association MAIN OFFICE, 610 13th ST. N.\V. O Organized 1879—55th Year Completed SEE THE EQUITABLE FOR REAL ESTATE LOANS If you need money for Buying, Rebuilding or Refinancing D. C. prop- erties, see the Equitable. Prompt and courteous at- tention to all applications. EQUITABLE CO-OPERATIVE BLDG. ASSN. . Organized 1839 JOHN JOY EDSON. President 915 F ST. N.W. A3th YEAR COMPLETED WALTER S PRATT Jr. Secretary NAT. 1741