Evening Star Newspaper, February 28, 1935, Page 19

USBUNI]SMUVE IBONDS ON NEW YORK STOCK EXCHANGE'[:URB”S”AKES N. Y. CURB MARKET “DOWN SLIGHTLY) ... Tend Upward. Certain Corporates Decline Also, but Other Issues By the Associated Press. NEW YORK, February 28.—While moderate declines in United States | Governments and certain corporate | issues made for some irregularity, the | general price level of bonds tended toward furthr improvement today. ‘The recently depressed secondary Tails were higher from the start, al- though in the late trading there was some shading of maximum gains. Losses in the Federal list ran from 2-32ds to 7-32ds of a point. High- grade corporate issues remained firm. Wasbmgton Exchange SALES. Capital Traction 55s—$500 at 96Y. ‘Washington mulway & Electric pfd.— 3 at 103’z Merxenthsler Linotype—10 at 30%, 10 at 30%. AFTER CALL. Capital Traction 55—$500 at 96. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer, Tel & Tl 4 Al el & Tl tols i Eot. Elec. Pow. .Cons. bs Potemac_Elec. 65 Wash. Gas 55 1058. th Gas 55 i960. Gas 65, series Wash. Wash. Rwy. & Elec. MISCELLANEOUS. Barber & Ross. Inc. 4 PUBLIC UTILITY. Amer. Tel. & Tel. (9). GeRiia) Transit Co. (1) N. & W. Bteamboat ( Pot l.'le: Pow S nrd rm'lll Fo. 51 DI, (5:50)°1 Wlsh Glx L Cn ( W Ry kil nm o NATIONAL BANK ‘apital (4). berty (3) Lincoln (5. Riges (8) Riggs prd. (5) Washington (6§ TRUST COMPANY fimex.m & Tr. Co. (8)... 198 v, Wash. Loan & Tr. (8).. .. 182 SAVINGS BANK. Com. & Savings (6)...... 150 FIRE INSUBANCE American . 75 Corcoran iremen’s (1. ational Union 460 . TITLE INSURANCE. Columbia_ (.30) Real Estate (6).. . Mlscl-:u.Am-:oUs Carpel Corp. D. C. Paper M{: nm . Bromo-Selz. (1.8 Lanston Monotype (4).... *53 Mergenthaler Linotyp Peoples Drug St. pf. (6.5 Real Est M & G pfd. ( & Loth. ¢ 0) Wdwd. & Lommp nld (A *Ex dividend. INSURANCE STOCKS NEW YORK_ February 28 i@ —New York Security Dealers Association Bid, : 3 110% Aetna Cas (2':a) .. Aetna Fire (1.60) | Aetna Life (12a) Agricultural (3) Am Reinsur A B Automobile (1) Balt Amer .. Boston (1 Carolina & Dep_('28) Firemens Ins Frank_Fire (1.03a) Glen Falls (1.60) . Globe & Rut Great Amer (1) Halifax (.00 Hanover (1.60) Hartford Fire 8t Springfield 1412) Sun Life . Travelers U 8 Fire (1.40a) Westchester (1.10a) neludine extras &—Declared or paid so far this year. SHORT- TEBM SECUBITIES (Reported by Chas. D. Barney & Co. Allis-Chalmers Co. 5s 1037 Y Amer. Beet Am. Tel. & Tel. 5%3 19 Atlantic' Refining 55 Bethiehem Steel bs 1 Cllflomfl Packing 5: d._ Nor Ry. 100% - yoi 105% inois Central ntl. Tel. & T sh Rwy. Co. Warner Bros. 6s 193 16 FOREIGN EXCHANGES. JORK. Februsry 28 (P —Forelen G n dol- Mialy dem-nd 8. ands—Belgiu Holllnd ux 1:4 ain, o l%l-nd 1.0 Yumshvll. £ 27.85; fl7’x. New York ln Mnn!rell,. 100 12! ‘n—Nominal. SAVANNAH NAVAL STORES. 70; K, WW|Am T & T deb 55 '60 | United States Leather Co, deficit, querter ended January 31, was $7,762 VIPH" income, $10,219, * [ Chile Mtg Bk 6561 4 | New So Wales 5857, By private wln LI!!RTV. Low. 2:85. 2-47.... 103 }35222 {g;:l 1st cv 4% s 3247, 10225 uzn“u“un-u‘.ma 10 1088 10810 th 43 s 33-38 i %l'd called.. 10124 10128 10128 33-38 3d e:lled reg..10122 10120 10120 TREASURY. . 10312 1038 1038 .. 10810 1036 10310 10410 1048 1048 10412 1049 1049, 106 14 10612 106 1% | l%l 1944-4 104 29 104 27 104 27 3381940-43 106 14 10612 10614 388 1941-43 Mar 10614 10612 10614 el 1064 106 1061 3y 1096 1096 1096 48 1944-54. . 11030 11030 11030 43 8-3%51943-45 10428 104 27 10428 438 1947-52 1165 1162 1162 FEDERAL FARM MORTGAGE. ++. 10128 10124 10128, .. 10128 10124 10128 HOME OWNERS’ LOAN. 1001 9928 100 10127 10123 10126 . 10113 10110 10118 FOREIGN BONDS Abitibi Pa&Pw b8 '63. Akershus 5s ‘63 Antioquia 7s '45 Antwerp 6s'58. Argentine 55 '4 Argentine 538 °62. Argentine 63'67 A. Argentine 6358 B. Argentine 63 ‘59 June Argentine 6s '59 Oct. Argentine 63 '60 Sept. Argentine 65 '60 Oct. . Argentine 6s ‘61 Febr Argentine 6s '61 \lly. Australia 4% Australia 58 '55 Australia 58 '57 Austrian 7s '43 gtd... Austrian 78 '57. !l 1946-48. 3431941, 93 92% 92% 92% 921% 92% 92% 92% 962 1031 102% 101% . 115 . 109 9E% 3518 35 lbh ~15% 26 3% 9614 968, 594 57t 87 106% Belgium 7s " Belgium 7s'56. Bergen City 5s'49 Berlin 6s '58 Berlin 6%s " Bogota 8s 45 Brazil 61352 Bremen St 7s'35. Brishane is'57 Brisbane 55 '58 . Buenos A 6861 st PY Buenos A 6%8'61stPv BuenosA Cy 6%8'65. . 10615 . 112% 10% 13% 13% 37". 96% 964, 60 57 87 Canada 4s'60. Canada 5s'52 Cauca Valley 712 Chile 65°60... Chile 6s ‘61 Jan Chile 65 " Chile 6s Chile 7s Chile Mtg Bk 68 '62. . Chile Mtg Bk 614 57 Chilean Mtg L Ts '60. Christiania 6s '34 Colombia 6s '61 Oct Col Mtg Bk 7s'46. . Copenhagen 413’ Copenhagen 58 52 Cuba 5%s '45. Cund’amarca 615 Czechoslovakia Es al 105 Czechoslovakia 8s'52 105 26 11% 105 105 Denmark 4%s 943, Denmark 5% s Denmark 6s'42. Dominic 1st 513 Dominic 2d 5%;s '40 105> 67 60 Finland 615 103% Finnish 635 A Frankfort 6%s'53. French Gov 7s'49.... 190 Ger C Bk A 65 '600ct. Ger Prov & City Bk con Ag 6138 '38.. Ger Gov 514865 33% Ger Rep 78°49.. 44% Great Br & It 5338°37 114 Grt C El Jap 6%s . 80y% Grt C El Jap 7s 44 RiTa Greek Gov 6s '68 3214 4y 46 Haiti 6s'52. Hamburg St Heidelberg 7135 '30.. Helsingfors G‘zs 60 Holland. Hung C Irish Free St 55 '60. Italy 78 '51.... Ital Crd PW'IS'”B Ital P U Crd 7s '52... Japan 51%s'65 Japan 61;s ‘54 Jugos Mtg Bk 7s '57 unm coupon. ... — Karstadt 6s'43 cfs... 36% Kreu&Toll 5s'59A cfs 33% k3 92% H 4 6% 32% k3 106 106 78% 78% 41% 41% 102 102 102 102 16815 1684 73 13 102% 102% 106% 106% 95 95 100% 1007% 100% 34% 34w 34% 102 102 102 “ Lombard El1 7s'52.... Low Austria 73s '50 unmat coupon on 106 79 41% 102 102 . 168 73 Milan 638 °'52. Montevideo 7s'52.... New So Wales §s '58. Nord Rys 618 '50... Nor Ger Lid 6s '47 Norway 55'63.. Norway 6s°44. . Norw Hy El 5%s'57. Norw Mun Bk 5s 67 Nuremberg 6s '52... Oslo 6s '55. Panama 58’63 stpasd 44 44 Paris Orl Ry 6%s'68. 162% 161 161 Peru 6s ‘61 9 8% 8% Poland 65 '40 79 19 19 Poland 7s'47... . 126% 126% 126'% Porto Alegre 7%s 66 July couponoft., 22 22 22 Prague Gtr 7%s 52.. 103% 102 102 .. 109% 109% 109% 41% 41% 3 6% Queesland 7s’41.. 4l% 5% Rhein-Main 7s/30... Rhein-Rhur 6s Rhine W E1 P 6s 5 Rio de Jan 6%s ‘63 Aug coupon off.. Rio de Jan 8s’46 April cupon off.. Rome 6148 '52. . Royal Dutch 4s '45.. Roumania 7s '69 Aug coupon off.. Santa F Arg 7s 42 stp 56 Sao Paulo St 6s 68 July coupon off.. Sao Paulo St 7 Saxon Pb W 638 '51. Shin'su E1 P 6%s '52. Silesia Prov 7s '58. .. 16% Xy 36% 81 ", Taiwan El 63s'71 Tokio 5s '52. Tokio 6%s '61. Tokio El Lt 6s°53. Tyrol Hy El 52 Ujigawa EP 78 '45. Un St Wk 615851 A. Uruguay 6s'60 Uruguay 6s '64 K03, 69% 1% 8% 90 89 38% 37 36% 89 8% 37 36% 8% 40% Warsaw 7s ‘68 Westphal El P ‘Yokohama 6s 61. DOMESTIC BONDS. Adams Exp 4s'48. Ala Grt Sou 48’43 Alb & Sus 3345’46 gtd Alb Per W P 6848 Alleg Corp 6s 44 Alleg Corp 58 *49 Alleg Corp 58 '50 Allis Chalm bs'37 Am & For Pw 55 2030 Am Ice cv 58 53 AmIGChb5%8’49 Am Intl 5%s'49. Am Mach & F 6s '39 Am Roll M 5538 Am Smelt & R bs Am T & T gold 4538 Am T&Tcl tr§s'46 40% L) 102% 102% 102% 49% 49% 49% 71 70 70 61 61 61 20% 20 20% 101% 101% 101% 58 6714 584 83 83 83 107% 106% 107% 88l 88 884 102% 102% 102% 107 106% 107 1047% 104% 104% 103% 103% 103% 109% 109% 109% 112% 111% 112 12 112 12 Am T & T deb (s '65.. Armour& Co 4%s'39. 103% 103 Aust & Nor 5s "41 100% { ¢« i Colo Ind cl tr High. Low. 2:55. % 8% Anglo-Ch Nitr 7s"45. mg\t % Arm of Del 5348 '43.. 105% 105% 105% « 104% 104% 104% . 111 110% 110% A T&S Fed}n 48, 108% 108% 108% 4...108% 108% 108% Atl Coast L 1st 45 '52. 102% 1021 102% AtICL un 4%s'64 R9%, 891 89% ret 68 2000 D. . ref 6s '95 C R WWUUU W g ! Eee O Toledo 4s Bang & Aroos 4s '51.. 103 Bang&Aroos cv 45’51, 103% 102% '102% 108% 103% Bell T of Pa 58’48 B. 117 Bell T of Pa 58’60 C.. 121% Beneficial L 6s '46. 109 Beth Stl pm §s " Beth Stlrfdb 5s'42., 109 Bos& Me 4%s'61J.. 67 Bos & Me 5s'55 69 Bos & Me bs 67 69 BOS&NYALGI'KS. 35 BotCon M 6%s'34ct. 8 Bklyn Edis 5549 A.. 109% « 105% Bklyn M T 6s'68 A Bklyn Un El 68 °'50... 103% Bklyn Un Gas bs ' 92% 92% nzv.l Baldwin Loco 58'40.. 96% 95% 96% 8 . 102% 102 102% 2! 6 17 117 121% 121% 108% 108% 108% 103% 109 109 66% 67 . 68 68 68 68% 34% 34% 8 8 1097% 109% 109% 109% 105% 105% 103% 103% 105 105 110% 110% B 110% 110% Buff R&P con 4%s'57 62 614% 61% BCR&NGs'34ctfs, 18 18 18 Bush Term cn 68 '55. 42’& 401 41 By-Prod Ck 53484 84% B4% Calif Packing 5s°40. . 1044 104% 104% Can'dian Nt R 415851 113% 1135 113% Can‘dian Nt R 43;5'54 104% 104 1041 Can'dian Nt R 41:s'56 113% 1131 113% Candian Nt R 4158’57 1124 112 112 C:- an Nt R 4145 68 10415 104% 104% an Nt £s'69July 115% 115% 1156% Cdn ‘dian Nt 55'690ct. 118' 1184 1184 Can'dian Nrdb 7s’40 106% 106% 106% Can'dian Pc db4sperp 87'% 86% 87 Can’dian Pc 4155 46.. 100% 1005 100% Can'dian Pc 41;8'60.. 98 97% 97% Can'dian Pc 5s'44 cfs 111% 111% 111% Can'dian Pc 5s 54 . 104% 104% 104% Caro Cen con 4s '49 Caro Cl1 & O 6s'52 Cent of Ga con 5s "4 Cent Ga Mobile CentIIE&GHS Centof N J 4s 87 . Cent of N J gen 5s ‘87 107 Cent Pac 1st rf 4s'49. 100' Cent Pac 5s'60 CentR R B Ga Cert’d deb 5155 '48. .. Chesap Cp cv cl 55 '44 104 Chesap Corp 55’47 C&Ogen 413592 C&O04% C&O0 415’95 B, Chi & Altref3s’49... Chi B & Q gen 45 '58.. 1097 Chi B& Qref is'71.. 114!3 Chi B&QI div 315549 105% Chi B&QI div 4s '49.. 109 Ch1 & E 11l 58 ChiG L &C5s'37. Chi Grt W 4s°59. Chi Grt W 4s '59 5 Chi In & L gen 55 '66. CM&StP 45 '89. CM&StP gn 4%s 39 c CM&StP 458 '89 c \ISIP&PJS'L': CMStP&P adj 58 2000 Chi & NW gn 31;s ‘87 Chi & NW gn 4s'87 110% 110% w 110% 111% 5 4412 45 109% 109% 114% 114% 105% 105% W 4135 2037C NW 4%s49.. Chi & NW gn 5587 Chi & NW rf 5s "(l Chi & W L con 4s'52.. Chi& WI5%s'62... Childs & Co 5s '43. . Chile Cop deb 5s'47.. 85% Cin Gas E14s'68 A... 106% Cin Un Ter 55’57 C 112'% Cin Un Ter 5s 202! . 111% CCC&SL rf 415" 631 CCC&StLrf5s'63 D. 172 CCC&StL rf 6s'41 C..100% 100"4 lODk CCC&StL StLdivi4s” 90 94 CCC&StL C div 4s'39 CCC. LCW&M4s'91 Clev Ter 4328 '77. Clev Un Ter 5s 73 B. Clev U Ter 5% Col & Sorf 41 Colo & So 4155 '80. ... G & Edeb April...... Columth&E 5s'52May...... Columbia G&E 5s '61. Col R P L 1st 4345 '57 Com Inv Tr 5145 '49.. Con Coal Md rf 5s 50 Con Coal Md 55°50 cfs Con Gas N Y 4%s'51. Con Gas N Y 5s’57.... ConG N Y5%s'45 reg Container deb 53 '43.. Cuba R R 1st 5s'52.. Cuba N 109% 85% Container 6s ‘46 . 1023 CrownC & S 6s . 106% Crown Will P 6s al. . 1021 36% 46% £ 106% 109% 85% 854 102% 102% 1065 106% 1021 102% 36 36% 46 46 % % 106% 106% 86% 86 86% 96% 96% 96w 106\ 106% 106% 29 29 80 30 8 8 14% 14% S ki) 110% 110% 111% 111% 111% 106'4 106%s 106% 109% 109% 109% Consumers Pwr 58 '52 Nor RR 614 42 Cuban Cane P 6s'50.. Cumb T & T 58'37... — Del & Hud rf 45°43... Del & Hud 5%8'37... Del P& L 4%s'71 Den & R G cn 4s'36 Den& R G 4143°36. Den & R G W 55 '55 Den &R G rf 58'78... Den&RGW 5s'55 asst. Det Edison 4%s 61 D Det Edison 6s '6: . Dodge B cv db 6s '40. Duqu Lt 15t 435 '67. 8% 8% 1067% 107 731% 73 73 73% 3% T73% . 10]% 101% 101% T4% T4% 64 63 % T 103% 8% 107 East Cuba S 718 '37. ET V&Gacnb5s's6. Eriecv4s’53 B Eriecv 45’53 D Erie 4596 Erie gen 4 Erierf 5s'67. Erierf 6s'75. FlaECRybs'M4.... Fla ECRy 5s'74 cfs. % % Gannett 6s°43. 103 Gen Cable 5348 R Gen Steel C5%s"’ 49 Goody'r T & R 5s'57. GtNRref4%s’'61 GtNRgen 4%s'76 D Gen Thea Eq 65 '40... Gen Th Eq 68 '40 cf: Ga & Ala bs'45. Ga Mid Ry 1st 3846, Goodrich 6s '45 Goodrich 612847 108Y% 108% 104% 105 35 85 106% 106% 106% 1 105% 106% I02‘é 102% 3% T4% 86 Gould Coup 6s 40 Gr Tr’k of Can 68 ‘36, Gr Tr’k of Can 7s "4 9 GtNRgen4%s'1TB GtNR5%s'62B.... GtNRgen7s'26 A 90 89 90 | e 1025 102% 102% | I11 Bell Tel 5s'56. Gulf M & N 5850 73% | Hack Wat 1st 4s '52., Har Ry-P C 1st 4s ‘54 Houston Oil 5% '40. Hudson Coal 55 52, Hud & Man inc 5s'67. Hud & Man ref 5s '57. 90% 109% 109% 109% 66 66 66 53% b52% 63 65% 66% 104% 104% 104% 104% 104% 104% 105 104% 104% I11 Cent coll tr 4s 111 Cent 4%s '66 ICCSt L NO 4%8’6: 1CC&StL NOG6s'63. I CSt L& NO5s’51. Inland St14%8'78 A, Inlaid St]14%s'81B.. Int R T 1st rf 63 '66. IntR T 6s'32. IntRT 78’32, 864% 86% 86% 98% 98 98 101% 100% 101% 33! 3 334 Int Hydro El 6s°44... Int Mer Mar 6 13 -92% 92% IntT& Tcvils 6% 176% 75% Int Tel& Tel4%s 53, 23 ~ f Int Tel & Tel 55 '56ess Inv Equity 58 "47 A... 4 Iowa C 1st&rf 485’ Iowa Cent 6s ‘38 ctfs James F&Cds'39... KanCFS&Mds'36. KanCP &L 4%8°57. Kan C Sou 1st 38 '50. . Kan C Sou rf in 5s ‘50 Kings County Eley 48°49..... Pw TS Kinney (GR)7%s '36. Kresge Founda Laclede Gas 6s '39 Laclede G 6% Laclede G 5%s 6 Lake S&M So 3%s' LE& Wn1st5s'37., Leh C&N 4%s8'64C. L V Pacon 45 2003... LV Pa cond s 2003. LV R R con 58 2003 Ligg & Myr 6s'61. Ligg & Myr 7s '44. Loew's 6s'41..... Long Islref 45°49 Lorrillard 5s 61 La & Ark 5s°69. Lou G & E 58 '52 40 reg. L & N So Mon jt4s 53 M'Cro’yS 53 s'41flled. McKess & R 5%8'50 Manhat R 4s'90. Marion St Sh 65 '47.... Market St Ry 7840 A Mead Co 63 '45 Met Ed 1st rf 4 Midvale S&O bs 36, MIIER&SL6s'61.. MilER & S L rf58'71 Mil Spa & N W 4s '47. Minn & SLrf 4s°49., Minn & S L 5s '34 cfs. Minn &S L5s'62A... MStP&SSM cn 4s '38. MStP&SSM 6s ‘38 gtd MoK & T 1st 48°90.. MoK&T4s'62B Mo K & T 6s '62 Mo K & T adj 5867, Mo Pac bs'77 F ctfs Mo Pac 5578 G. Mo Pac 55 '80 H. Mont Cent 6s '3 Mont Pow ref &s Mont Pow §s '62 Mont Tram §s "41... Morris & Co 413839, Mor & Esx 3 Mor & Esx 4138 '65.., Nash F & Shef 5s'37. Nat Dairy 5%s 48... New J P&L 4%s5'60.. NewOr PS5s'52 A. New Or P S 58 '55 New Or Ter 18t 4s'53. New Or T&M 6s'54 B N Y Cent 333897, N Y Centds’42. N Y Cent con 4s'98... N Y Centrf 4%s 2013 N Y Cent rf41382013n N Y Cent rf 55 2013... N Y Cent deb 6s'35. . N Y Cdeb 6s '35 reg. N Y Centcv 6s 44 NYC&StL 1st 43 NYC&StL 435878 N Y Dock1st4s's1. N Y Edison 55’44 B. Y Edison 58'51C. ... Y Edisref 614541, N Y G EL H&P 45°49. NYGEIH&P 68’48, NY & Green L 55 "46. . NY&Harlem314s2000 NYLac&W 1st 4s'73. NYNH&H 3% 7 NYNH&H 3%:s NYNH&H !’3!‘56 NY NH & H 4555 NY NH & H 4s'56 NY NH&H 4s'57.., NY NH & H 4345 '67. NY NH & H cl trés'40 NYNH&Hev 6s'48. N Y O&W gen 4s'55.. N Y Rwys inc 65 '65 N Y & Rich G 6s'51. N 'Y Steam 1st §s ‘51 N Y S&W gen 58 '40 NY wABUn’n z Norf & W div 4 4.1 Norf&W 1st 4s North Am Co bs fil. . North Am Ed 58 '57 A North Am Ed 53 ‘69 C North Am Ed 5%s '63 Nor'n Pac gen 3s 2047 Nor'n Pac 45 '97. Nor'n Pac 4% 2 Nor'n Pac bs 2047 D.. Nor'n Pac 65 2047.... Nor Sts P Nor'n St P Ohio Pub Ser 7s '47.. Ore Sh Line 5s'46.. Ore Sh L 55 '46 gtd Ore WRR& N 4s'61 Otis Steel 63°41..... PacG & E 5s'42. Pac R R Mo 1st 4 Pac Pub Ser 5s '36 Pac Tel 1st 55 '37 Pac T & T ref 58'52.. Par-B'way 5%s'51... Par-F-La 65 '47 ctfs. . Par-F-La 6s "47 filed. Par-Pbx 2148’50 ctfs. Par-Pbx 5%s '50 filed Pathe Exeh 78°37.... Penn Dixie C 6s "41. Penn O & D 4% '77.. Penn R R 3%s '41B.. Penn R R con 4s'48.. Penn R R cnés'48 stp. Penn RR 4%s'81D. Penn RR 4%s '84... Penn R R con 4%s '60 Penn R R gn 4%s 65, Penn R Rdb 4%s'70. Penn RR 4%s’63. Penn R R 58°64. Penn R R gen 5s°68. Penn RR 6%8'36.... Penn P& L 4%s '81.. Peo G Lt&C rf 5s'47. Peor Peki Un 5145 '74 Pere Marq 4%s ‘80 Pere Marq 1st 58 '56. Phila Co 58 '67 Phila El Co 4s Phila& RC&15: Phila& RC& 1 6s'49. Phillips Pet 5‘4! '39.. PCC&StL 4 PCC&StL b A. PCC&StL 55 '76 B. Port Gen El 4345 '60. . Port Gen E 41%s'60as. Port Gen Ell1st s '35 Porto Rico A T 68’42, Postal Tel & C 5s'53. PubSElI&G 4s'71.. Pub S E1 &G 4%s'67 Pure 0il 5%s '37 Pure Oil 615 "40 Purity Bak 5s '48. Reading Jer C 4s'51., Reading R 4%3'97 A. Reading R 413597 B. Rem-Rd 5%8 '47TAww Rep 1&St1 5s'40. . Rep 1&St1 5%s8'53 A, Richfield O 6s 44 ctfs RG W 1stexin 45'39 RioG Wcol 4849 A, —_—— StJo&GIR4s'4T... StJo Lead 5%s’41... St Jo Ry L T&P 5s'37 St L IM&S R&G 4s'33 StLP&N W 5s8'48.. StL-SF4s'50A.. . 107 High. Low. 2:55. 100% 100% 100% 81% 81% 81% 36% 36% 105% 106 106% \i 101% 101% ll'fl!i 68 68 68 4. B1% B4 9% 9% 99% 147 147 147 103 103 103 ‘36 102% 102% 102% 100% 100 100% 65% 63 63 65% 65% 65% 1004 10015 100% 102 102 102 106 106 106 41% 40% 41% 45 45 46 47 47T 4T 119% 119% 119% 133 133 133 106 106 106 104% 103% 103% 114% 114% 114% 65% 64% 65% 111% 111% 111% 106% 1064 1024 102% 81 83% 101% 101% 103 103% 2% 92% 92 92 108t 108% 108% 109% 109% 109% 114 113% 114 111% 111% 111% 120% 1208 120% 874 874 8TW 101 101 101 517% 107% 107% 107% 45% 45 110% 110‘4 110\6 23% 22\6 23% 08% 108% 108% 11315 1133% 113% Bl B4% 83% 108% 108 110% 110% 110% 117 117 117 19 119 119 104% 1044 104 821y 82% 824 1064 107 100% 100% 100% 98% 98% 98% 106% 1067 106% 112% 1124 112% 49% 48 484% 71% 69% 71 72 69% 171 1% 69% 71 1% 69% 71 103 103 103 79 19 79 104% 104% 104% 101% 101% 101% 110% 110% 110% 110% 110% 110% 104 103% 104 104% 103% 104% 1183 118% 118% 108 107% 107% 96 95% 95% 105% 105% 105% 106% 106 106 115 114% 115 106% 1056 105 103% 103% 103% 103% 103% 103% 105% 105'% 105% 73% 73 73% 84 ¥2% 82% 831y 84 107 107 721 2% 2% 49 49% 49% 102% 102 102% 109% 109% 109% 115 115 116 115 115 115, 59 584 69 80% 80% 80% b56% 656 56% 56% 55% b6% 101% 1013 101% 108 48 4T% ATh 461 45% 45% 1071 107% 107% 1081 108% 108% 101% 101% 101% 102 102 102 K9 88% R8% 99% 98% 987 106% 106% 106% 106% 106% 106% 102% 101% 102% 104% 1045 104% 13 12% 13 117% 117 117% 83% 83 834 106% loxflb 106% Low. 2:55. Seabd AL ref 4s'59 ) ALG6s'45 A Silesian Am 7s ‘41 Sinc Con O 6%s'38 B IO“ 103% 103% SincCon O 7337 A... Skelly Ol 6%s '39.. SoBell T&T b8 8o Colo Pow 6 8o Pac col 4s'49 & UNEVEN COURSE|.=z2 Gains and Losses Divided in Al Divisions of Share Market. By the Associated Press. NEW YORK, February 28.—Irregu- | larity characterized price movements Stand OIIN Y % 51 104% 104 104% Studebaker 6s'42.... 39% 38% 39% Studebaker Tenn EIPwr 6847 A. Term As St L Tex Corp cv 98% 98% 98 103% 103% 103% + 104% 104 104% . 90% 90 90% 90% 89% 89% 90% 90 90 119% 119% 119% 981 9815 984 56% 66 56% 24% ZCK 21% 100% mov. lMVn 7! 9% 0 ‘Tex & Pac 1st 5s 2000 Tex & P MPT 5% Third Av ref 4 Third A ad in ex 5 Tol St L& W 4s°50... Toronto H&B Truax T C 6% Trumbull Stl ———— Un O Cal 68’45 re ww UnOCal6s™4ZA. Un Pac 1st 48°47. Un Pac 4s'68.. Un Pac 1st f 48 2008 Un Pac ¢%s ‘67 Un Pac 1st rf 58 Unit Biscuit 6 Unit Drug 5 3 U S Rubber 5 17 UtahL& T Utah P& L &s Utica G& E 58 '57 Util P& L 6869 ww. UHIP&L5%8'47... 104 104 104 - 111% 110% 111% 108 1075 108 106% 105% 105% 118 118 118 89 #9 8y 95 94 941 824 82 824 83% 83% 83% . 118 118 30% 29% 33 324 92% 92 5% 5% 111% 111% 112% 112 15% 9% Vanadium cv 6s’41.. Ver Sug 1st 78 '42 cfs VaEI&Pecv 5148 '42.. VaRy1st5s'62A... Wabash 4%s'78. Wabash 1st 58 ‘39 Wabash 68 ‘76 B. Wabash 6%s'75. Walworth 6s'45 A. Walw'th 613835 ww. Warner Bros cv 6s 39 Warner Quin 6s 'I9 Warner Sug 1 Warren Bros cv 6 41 WPaPlstbs'56G.. W Sh 1st 45 2361 gtd. W Sh 1st 45 2361 reg. West'n El deb b . West'n Md 1st 4s ‘52, West'n Md 638 °7 WestnNY&P 1st58'37 IOGM 106% West Pac6s 45 A... West'n Pac 55'46A a. West'n Un 438 °50. .. West'n Un col tr § West'n Un 58 °51. West'n Un 55'60. West'n Un 638 36. Wheel Stl 4%48°53. .. Wheel St1 6 A Wilson Youngtn S&T 5 Youngtn S&T 58’78 A 94% RAIL NETS REVEAL 28% 106 105% 106 93%, 109% 110 3% 94 117% 117% 117% | 4 Amer. 106 106% 1064 | A £ on the Curb Exchange today. In all divisions of the market gains and losses were about evenly divided with utility, oils and specialties show- ing & mixture of plus and minus signs. Electric Bond & Share at 13, Creole Petroleum at 117, Lake Shore Mines at 5%, Parker Rust Proof at 62%, Pioneer Gold at 10% and Swift In- ternational at 35% represented mild price improvement. On the other side of the proceedings small losses were shown by Perfect Circle at 31, Newmont Mining at 30, Distillers Corp.-Seagrams at 16% and American Cyanamid “B” at 16%. Yotume pov oo or Aluminum Co 70' wv, l(!tfliltlfl 130& 102% 102% 102% _— PEESE S Fhar e S SR 5 S ) SN O il A =5 FESESETE ] Il e aesa JESS o Com Edis 5'25 G '0“ UM Com Sub 5'2s A 'H( 95 Comnu P &L 5 . 56 4011083 ma' Emp O & R blas '4: Fairbanis Mor 35 ' 101% 101% 101% | Goel s A Grand Trunk fl‘&n Gulf Ol _Pa_5s 9415 9415 | Hood Rub 21.9 PER CENT LAG == Operating Income of First 51 to Report Is Far Be- low Year Ago. By the Associated Press. Gs 55 '42 Jers CPar ¥ ¥ Jers Cn P&L Kns G&E o5 A Kans P&L 55 B Ktn Util 1st 55 '8" Kentuck U 5s H NEW YORK, February 28.—Net|y; operating income for the first 51 rail- roads re for January totaled $20,772,000, & decline of 21.9 per cent from the total of $26,580,000 reporled N in Junulry. 1934, for the same car- Thh year’s January total was up 65.8 per cent from the total of $12,- 528,000 in January, 1933, however. Gross revenue of the same roads in January this year was $214,220,000, compared with $207,579,000 in Jan- uary, ifll, and $182,354,000 in Jan- uary, B. & O. Earnings Gain. BALTIMORE, February 28 (Spe- g P 5las '54 N Orlnns 428 '35 & L 425 67 NY P&D R 4i2s Y St EG 42 NY & W Lt 4s Niag F P r cial) —Both gross and net earnings of | y the Baltimore & Ohio Railroad Co. of January showed substantial gains over o those of the like month last year, the 9hi report just made public reveals. Railway operating revenues totaled $11,037,809 as compared with $10,- 600,011 for January a year ago, an in- crease of $437,798. For January, this year, railway operating expénses amounted to $8,256,935 $8.- 438,616 in the like month in 1934, a decrease of $181,681. Net railway operating income was $1,793,958 as compared with $1,224,-|Eeo 911 in January, 1934, an increase of $569,047, or better than 46 per cent. Operating revenues from freight traffic were up $369,913 as eonwed with January last year. Western Maryland Reports. The Western Maryland Railway Co. in January earned net income of $91,- 444 after all expenses, taxes and fixed charges, equivalent to 51 cents a share on 177,420 shares of first pre- ferred. This compares with $90,601 earned in January of last year. Gross revenue for the month to- taled $1,265,329, compared with $1,- 154,897, but operating expenses were higher, totaling $864,277, compared with $746,735, bringing the operating ratio to 68.30, as against 64.66 in So the like month a year ago. INVESTMENT TRUSTS NEW YORK. February 28 York Security Dealers’ Association: Bid. Admin Pund w 13.85 Am Ban A Oflrflontl ‘l‘mlt M:culn Ser Corp Tr Ac:sum Ser. mnz 1900201020, 02 0000r e RB2BERFEX! PRHTAca S DA ve Fixed Trust Sh Fixed Trust Sh Fund Investors Inc. Fund Tr Shrs A. Pund Tr Shrs B Incorn _Investors Inv Tr Y_Col Investors Fund of Am Xne Mass Invest Tr anon Wi NY 5200l 333830 19D 292000 2225225331 (). —New | :gnrgfffi::??::i?!fl SBLB0g0yE 2 e S L= 5 2! & 1 o 8% a7 a7 e DR GnTe B s i 245 LT = ol oy Lok Lol ol ) 09g ¥ o ggeerozy S TR PR kel Yol TR oo’ SEITIFRER) T St [3 West Penyy 5% Wes Tex U 55 A '57.. Wis Min LP Bs Wisc P&L 5s P '58.. rou,mn lonm '52.. 48% 413 ®9aDRMs iz & FEs 293 B32I22%8 ozana A ##SS‘H‘-.; a8 NC 'l 1 W ltfi'n‘r’mu‘ n—wmw 'lr: INe htlnlr!d $Negotiability . SAFETY RAZOR NET UP. NEW YORK, February 28 (#)— American Safety Razor Corp. and sub- sidiaries reported for 1934 net in- come of $1,065,234 equal to $6.07 a share on nutstanding stock, compared with $736218, or $4.12 a share in 1033, —_— American Safety Rasor Corp. 1934 share earnings wers $6.07 - 9% | McWilllams Dr(1) 50s 2 ummmumlm. Alnnwnh (pl Allied Mills, Ine.. 8 14% 13% Alum’n Coof Am. 50s 39% 39% Alum'n, LtdCwar 1 2% 2% Alum'n Goods 40c. 1 m 9% Am Book Co (4).. 208 62% Am Cigar C pf (6) 20s 115 115 116 Am Cities Pwr & Light A (3) 50s 32% 32% Am Cities Pwr &LtB(kl0e) 1 1% 1% AmCynam(B)40e 5 17 16% 25816 16 86% Stock a; Bales— Dividend Rate Add 00. High. Low. Close. Ofl Stks Ltd 150c. 1008 9% 9% mu moo.m Low. uu. Outboard Mot (B) 4 % % Mulol Prod (A 1 2% E————— Pacific Eastern... 9 2% 2% Pac Gas & Elec 1st pf (1%4)200s 21% Pac Light'g pf(6) 258 73 Pacific Pub Sve pt z 8 Pantapec Oll. Parke Davis $1.10. 600! Parker Rust P(3) 7008 Pennroad.Corp. . 8 Penn W & P (3) 1 Pepperell Mfg 208 Perfect Circle (2) 508 Phoenix Secur.... 3 Plo: r Gola Mines Ltd(80c) 2 Pitney Bo P (20c) 1 Pittsb'’gh LE(2%)1008 itts Plate G 1.60.100s 'ond Creek 1 1 Am Founders 1st pt (B).. Am Gas&E1(11.20° 14 18% Am Gas&El pf(6) 1258 87 Am Laundry (40c) 100s 12% Am Lt&Trac130. 2 8% Am Maracaibo Pocahontas (2). Potrero Sugar.... Premier Gold 12¢ Prod Royalty 2 Prudential In ————— Reliable Stores Richm @ Rad cvpf Roosevelt Field. . AnchorPost Fen.. Ark Nat Gas (A). Armastr Cork (50¢c) Art Metal (k25¢). As80 Gas&El (A). Atl Coast Fisher. Atlas Corp.... Atlas Corp(A)(3). 1% 1% 26 St Regis Paper. .. St Regis Paper pf. 10s Selected Indus allot cfs (3%).1508 Select Ind pr(3%) 50s | Selfridge(k9 3-5¢) 1 Shattuck Den .fin ¢ Sherwin Will (3). 50s & % 85% 87% Sherwin-W pf (6) 10s111 111 111 Singer Mfg Co Ltd rets(k14%) 2 Smith (A 0)...., 100s Sonotone Corp 2 South Am Gold & Plat (k30e) 75 South Penn01.20 3 258 6 51% 51% 2% Babcock & Wil 40¢ 758 31% Baumann (L) pf.. 10s 21% Bellanca Aircraft. 2 Blue Ridge Corp.. 4 Bourjouis (k25c). 300s Brazil Trac Lt&P. 3 Brillo Mfg (60c).. 1 Brit-Am Tob cou B (p36 3-6c)... Buckeye P L ( Buft N&EP pf Bunker Hill&S: 51% 2% 2 3% 38% 3% 3% 38% 38% Stand C& S 2.40.. Stand O Ky(11%). Stand Silver & Ld Starrett Corp pf Stein(A)&Co p2 Stinnes (Hugo) Stutz Motor. . | Sullivan luchlne 125- Sunshine Min 64c. 24 Swift & Co (175¢). 12 Swift Intl (2).... 3 Swiss-Am Elec pf 200s 6% Cable Radlo vte. . 1% e Can Indus Alco A. 81g Can Marecont 13 Carib Syndicat: 1% Carnation Co ( l (h Carrier Corp..... Celanese 1st Dfl1)350l 109‘/. 109 Celluloid Corp 12 Cent States Elec. % & Chlcl[n Mail Order 2 16% 16% 1 (1% 60 1% 8 bl 8y 1% | 1% 17% 17% 109 12 16% % 1 Taggart Corp'n. .. Tastyeast, Inc(A) Technicolor, Inc. ., Teck Hughes(40¢) Texon O&Ld (60¢) Todd Shipyard (2) Trans Air Tr sta. . Trans-Lux Daylite Picture Sn (20e) Tubize Chatillion. Tung-Sol Lamp. . —_— Union Gas of Can Unit Founders. Unit Corp'n war Unit Dry Dock(r). Unit Gas Corp. ... Unit Gas Corp war | Unit Lt&Pwr (A). | Unit Lt&Pwr (B). Unit Lt&Pwr pf.. Unit Molass Ltd (063-6)..ccc0oe 6 Unit Shoe M(t4%, 758 Unit Shoe Mach. . - bt (1.50). 408 U S Dairy (B) 14 US Elec Pwr w 1 U S Fol (B) (60c. U S & Intl Secur. U S & Internat’l Secur 1st pf ww 100- Unit Verde Ex 400 Unit Wall Paper.. Utah Pwr & Lt pf (m1.16 2-3¢) Utilities Pwr&Lt. Jtility & Indu. .., Utility & Indus pt —— Citles s.rvioo. Citles Service pf. . Cities Service (B) Cleveland Tractor Colt's PFA t1%.. Columbia Gas & Elec cv pf (5) Com'with Ed 4). Comwith&So war. 1 9% 28% g Seara - Balto (3.60) Cord Corp (k26c) . Court'lds (k28 %c) Crane & Co Creole Pet Croft Brewing Cueno Press(1.20) ‘Cusi-Mexicana M. Dictograph Prod. Distillers Co Ltd (p27 3-10¢) Distillers Crp-Sea Dow Chemical (2) ———— East'n G&F pf(§ Elec Bond&Sha: Elec BA&S pf (6). Elec Power Asso (A) (40¢c). ... Elec Pwr & Lt 2d pt (A) Elec Share pf ww. Emp G&F 8% pf. Equity Corp. Ex-Cell-O A&Tool ——— Fanny Far (25¢) Fisk Rubber. Srone mand S =3 - T IR T ) 5 » M © a®y 3 Venezuela Petm. . Flintcote A p25ec. . Fla Pwr &Lt pf... 50 1 2 3 . o 2 2 1 1 —_—— Walker (Hiram).. Ford Mot Can (A) (k1%). Ford Motor Ltd. . —_— Gen Ailoys Glen Alden % Globe Und (k50¢). Gold Seal Electrio Great At & Pac Tea 1st pf (7). Greyhound (Del). GuifOllof Pa.... —_—— Hazeltine Corp(1) 9 Hollinger G 11.30. 17 18% Horn (A C) Co... 1 1% 1% 1% Horn&Hardt 1.60. 50s 23 23 23 Horn&Hardt pf(7) 10s 104% 104% 104% Hudson Bay M&S 2 124 1215 Humble 01 (1), T 48% 2% 34 18 19% | Woolworth(FW) | Ltd (p46 1-5¢).. 25% 264 25% Wright Har«16ue) 9% 9% 9% Dividend rates In doliars based on iasy quartely anu T 1% 183 81 2l 4 408 125% 50 32w 1 56 1 | 125% 125% 31 31y 56 56 9 9 others are 181 181 Exchal Gealt 10 as Unlisted ssues: "xh dividend. CHICAGO LIVE STOCK. CHICAGO. February 28 (M (United States Department of Agriculture).—Hogs, 17.000, " including 8,000 _direct: ~markei | active. steady with “Wednesday. i“!llhl! Ve 0 pounds, 261 25a8.00: slaughter acking sows. 8.50 140-160 160, medium _weight, 5 helvy weight, 250- o Packing “sous. pounds. 7.50a 100-140 111 Pwr&Lt 6% pf. 508 11} Pwr&Lt $6 pf. 1508 Imp Oil Ltd coup 16 16% s | medium and’good: 75: pigs. luod lnd chnl:e‘ Pounas” 850 ittie “L000 calves. 1.500. Ped steers and yearlings ' unevenly stéady 25 Tower 7 B0t Eiline Guaiity *moch Biatnes than Wednesday. this tending to soften downturn erings of value to sell at 9.00a12.00 pmmmnl show — mosi downturn. Top. 13.75. Very little here of "Valte ‘to sell_above” 13.00; other killing_classes fully steady. with heifers d beet Slaughter cattle v and choice. $00-1.100 1190-1300 "pounds. 00-1,500 pounds, 10 common' andmedium. 550~ (180¢)......... Imp Oil reg(180c) 2 North Am (3) 3 intl Hydro Eles Insurance Co of System cv pt 1258 1 Interst Hos ¢2), Irving Alr C40c). Ital Superpowr(A n Kirby Petrolm. .. 19.00a15.50 3.00 Laxe Sh M (14)... Lehigh C&N(50¢e) d a common and medium Lerner Stores. ... fow cutter and cutter. 3.00ad 501 Lone Star Giplsc) Louisiana L & Ex 5 Lynch Corp (new) o0 50: cull and - mon. 4:00a6.00. ' Stocker and feeder cattie: S £00d and choice, 500-1.050 pounds, common and medium. 5.008 heep. 18.000. Fat lambs opening 1y ‘aciive, iy steady. Asking Toars more _higher. better grades held #:00a10.00 ahd avove. Blds and few sales | nearly good qual 50a io higher. ?\ur sheep and 40, pounds. down. good 9.10: common and me- “90-08 vounds, good and Mapes Consol ‘3). Michigan Sugar.. Middle States Petm vtc (B). Mohawk Hudson 1st f (4) Molybdneum. .... Mont Ward(A)(T) Montreal HL&P(1%) Mount Prod (60¢) 2 50s 35% 8 9% 208133 1 30 3 4% B ; 7 6 1% 1% 1% 35'105 106 106 n% 45‘ | 75, | Rate.Maturity. May 9%, —HEE 7588 A( i 133 £.0089.10; good and choice.’ 4.00a common_and medium, 50-75 pounds. FEDERAL LAND BANKS NEW YORK. Pebruary 28 ().—Federal Land Bank bon xquommm as of 2 o'clock.) Bid. 041-31. : 30 4% 30 4% Nachman Spring. Nat Bella Hess. .. Nat Dairy pf A(7) Nat Fuel Gas (1). Nat Investor: Nat Pw&Lt pf (6) Nat Rubber Mach. Sugar NJ (2) ‘Traunsit (70¢) Alled S .. 508 52% 521 52 2 36% 3613 (3 508 12015 1203 120%% | 508 51 51 51 5 3% 1 1% 5 2u 508 4% NJZine 12). Newmont M (k1). N Y Tel of 8%). N Y Water Sve pf. Niag Hudson Pwr Niles-Bem- Pond. Nipssing(k12¢) Nor Am L & P pf. Northern States Power (A). 2 T4 Northwest Eng... 2 Tl Ohio Ofl cu pf (6).100s 90% 3y | 4 11% 24 4% % % 200 TONS OF LEAD SOLD. NEW YORK, February 28 (#).— The St. Joseph Lead Co. reports that 200 tons of pig lead was sold yester- | day at $3.40 per 100 pounds, St. Louls, EMPLOY YOUR SURPLUS FUNDS —by investing them in our FIRST MORTGAGES You know definitely at the time of investment just what the interest will be continuously—and you can feel very satisfied with the pro- tection of improved real estate which the principal will have. . In amounts from $250 up. First Mortgage B F SAUL CO REAL ESTATE National 2100 925 15th St. N.W. PROPERTY MANAGEMENT Forty Years of Experience Investments