Evening Star Newspaper, March 3, 1935, Page 61

FINANCIAL. (5. BONDS TURN SLIGHTLY UNEVEN' Utilities Make Best Gains. | Other Groups Mostly on Even Keel. By the Associated Press. NEW YORK, March 2.—The bond market pursued a fairly even trend | today, with best gains recorded by utility issues. United States Govern- ments were a trifle irregular. Ignoring the highly unsettled condi. tion of foreign exchange markets, in- vestment quarters paid close attention to developments having a direct bear- | ing on securities, especially the state- | ment of J. F. Fogarty, president of | the North American Co., one of the | largest public utility organizations in | the country, that he believed pending | Federal legislation dealing with utili- | ties would be defeated. ! Quiet accumulation of some of the better situated utility bqpds has been ! noted from time to time in the past | month, and a considerable amount of | switching from secondary railroad ob- | ligations into this type of security was evident early this week when the carrier situation became more acute. Advances ranging from !> to more than a point were made Utilities | Power & Light 5!55 at 331, Utah| Light & Traction 5s at 8415, Columbia Gas & Electric 5s at 75’4 and North American Edison debenture 5s at 837 Among others selling higher were ob- | ligations of Detroit Edison, Laclede Gas, Metropolitan Edison and Port- land General Electric. The Associated Press avefage of 10 utilities advanced .3 of a point to 88.7. The averages for 20 rails, 10| industrials and 10 low-yield bonds were .2 of a point lower to .2 of a point higher. In other sections of the corporate list price changes were generally nar- row. Bonds of the Paramount Fa- mous-Players were an exception and recorded gains of 1 to 2 points on a heavy turnover. A few of the rails were in demand at slightly higher prices, including Chesapeake & Ohio| bs and St. Louis-Southwestern 4s. In the Government section Liberty 3!2s were 5-32 higher at 102.28 and ‘Treasury 3s of 1944 were 3-32 lower at 105.2. Home Owners’ Loan issues, in which the heaviest trading oc- curred, showed small changes. Transfers aggregated $6,563,000, par | value, compared with $8,480,000 last Saturday. Chicago Grain By the Associated Press. CHICAGO, March 2 —Predictions | of timely moisture next week in the | form of rain or snow helpful to do- | mestic crops led to late set-backs of grain prices today. Suggestions of a gold crisis abroad, with asserted strong accompanying possibilities of inflation, acted earlier as a bullish influence on grains, not- withstanding a violent tumble of the British pound sterling. On the other hand, as a result of prevailing mone- tary uncertainties, the volume of grain dealings dwindled afterward and this had an evident tendency to make Pprices relapse. Wheat closed nervous around the day’s bottom level, 1x-% under yes- terday’s finish; May, 97%,a977%. Corn, 12 off to % up; May, 84a8415. Oats, t 14 decline to ¢ advance, and pro- visions varying from 2 cents loss to a rise of 12 cents. ‘With gold skyrocketing to a new all- time high price record today and sil- ver at a six-year peak, all else but financial factors were secondary dur- ing most of the time in the grain pits. ‘Traders were inclined to go slow on either side of the wheat market, in particular, until the confusion of for- eign exchange movements had been measureably cleared up. Meanwhile, however, more or less selling pressure developed in the corn trade and had some bearish influence on wheat. A noticeable increase of rural mar- keting of corn was reported. Trade leaders said corn values were feeling the effect of United States imports of all kinds of feed grains. In some quarters, it was emphasized, that other things being equal, Argentina could now offer rye and oats more than half a cent a bushel cheaper because of the sharp drop of sterling the past two days. Heavier receipts of corn in Chicago today than either a week or a year ago forced the cash corn basis 15al1; cents a bushel lower. Oats mainly followed corn. For the most part, provisions ruled higher, aided by a bigger decrease of Chicago stocks of lard than was ex- pected. Grain range at principal markets today: Low. Close. &lose: = 663 873 Kansas city. ‘Winnipeg. . Liverpool. JUI har, B!PTEMBEE WHEAT- Chicago. P Menneapolis. Kansas cny MAY COR: Chln o Cash Market. 1.08-Y: corn, Wheat. No. 2 hard. No. 2 yellow, R7g; No. 3 yellow 215-8‘ No. 3 ‘White, 91 B SESSION DATE IS SET. NEW YORK, March 2 (#)—The first Summer convention of the Na- tional Retail Dry Goods Association to include all divisions of the or- ganization, it was announced, will be held in Chicago from June 10 to 13. CHICAGO LIVE STOCK. CHICAGO. March 2 (.—Hold sharp price gain for the week ah ’:‘ :"!lu o3 New President PERPETUAL FILLS VACANCY ON O!-‘HCIAL STAFF. MARVIN A. CUSTIS, ‘Who has been elected president of the Perpetual Building Associa- tion, succeeding the late James Berry. He has been connected with the association 30 years, re- cently as treasurer. Before he be- came deeply interested in business he was a very successful Wash- ington physician. —Harris-Ewing Photo. New York Cotton By the Associated Press. NEW YORK, March 2.—Cotton was quiet and steady today within a nar- | row margin range. Opening declines | were followed by partial recoveries on | trade buying and covering with May ! selling up from 1241 to 1246 and closing at 12.45. The market closed steady, net unchanged to 3 points lower. First prices were barely steady at a | decline of 4 to 8 points but offerings were soon absorbed and prices re- covered to yesterday's closing quota- tions on the new crop months. The close was at about the best. The amount of cotton on shipboard awaiting clearance at the end of the week was estimated at 94,000 bales, against 147.000 last year. The range follows: Lo 1 1 1 1 B 135 middling. 12.60. Cottonseed Oil. Bleachable cottonseed oil closed un- changed to 6 points net higher, with sales of 14 contracts. Steadiness of | lard and grains and firmness in crude oil caused some covering and scat- tered commission house buying. Of- ferings were comparatively light. Bleachable spot nominal: March closed 11.55; May, 11.80; July, 11.92; Septem- ber, 12.00; October, 11.92. Spot steady GROCERY VOLUMES RISE. NEW YORK, March 2 (#)—The movement of manufactured groceries and canned foods into retail chan- nels during February, according to estimates by wholesalers, exceeded the volume in the same period last year by 10 to 12 per cent on a tonnage basis. INVESTMENT TRUSTS NEW YORK. March 2 (P)—] security Deaters' Assoelations ¢" Yrk d. Admin Fund ww Amerex_Hold Can Inv Fund . Central Nat Corp * G s = Commercial Nat Cord’ . Cumulative Tr Sh .. Corporate Trust Corporate Trust A Al Corp Tr A A mod Corporate Trust Arcum Ser Corp Tr Accum Crum & Forster 5 & Forst ’e of " Crum & Forst Ins Crim & Rorst Ins 7 nf Depos Bk Sh N ¥ ' Depos Ins Shrs_* Ser mod Ing Five Year Fixed Tr | Fixed Trust 8h A Pixed Trust Sh_B Fund Investors Inc . Huron "Holding . Incorp “Investors . c g Second Int Sec B Sec Int ‘Sec 67 1st of. Selected Sh, m Selected Am Sh Inc Selected Cumul Sh Seected Income Sh Tru} Super 3 Sunuvlud Shrs . Trust Fund Shrs Trusteed Industry Trustee Stand Inv Trustee Stand Iny D Stee St Trusl!r St Oil Shrs B Trusteed N ¥ Bk Shrs Trustee Am 20th Cent Fixed Tr 20th Cent Fixed Tr “B” US & Brit Int Ltd A US & Brit Int 83 p! US Elec Lt & Pow - US Elec Lt & Pow “B"_ US Elec Lt & Pow vic Market Averages Compiled by the Associated Press. — 1035 — High. 10514 1044 104 16 10216 10131 103 27 103 29 103 11 104 28 104 28 106 27 105 16 ! 106 24 106 23 106 16 106 6 109 28 11124 105 10212 103 29 100 14 102 14 101 14 THE SUNDAY STAR, WASHI\’GTO‘T D. C., MARCH 3, 1935—PART FIVE. FINANCIAL. SUMMARY OF BONDS ON TI-IE NEW YORK STOCK EXCHANGE _ FOR WEEK ENDING SATURDAY, MARCH 2, 1935, U. 8. GOVERNMENT BONDS. LIBERTY BONDS. High, Low. 103 14 102 18 Low. 10218 10212 1036 10110 101 20 3148 1932-47 1st4%s 47, 10310 10212 4th 4%s 38. . 10316 1036 4th 4%s '33-38 3d cld ..es 10130 10110 3d cld reg. 10122 101 20 TREASURY BONDS. 35 1946-48....... 10327 o0 10328 . 10311 104 24 10427 106 27 105 13 106 24 100 20 100 20 1038 103 6 10311 104 8 1049 106 12 104 27 106 12 106 12 6 106 106 6 109 6 2 110 30 1115 1162 1168 10427 1 105 103 24 105 Net Close. Chge. 10228 -.20 10212 -.30 103 6 10118 -7 10120 -3 -9 106 23 +.10 106 11 —.3 106 6 10915 — 1168 418 4 =12 FEDERAL FARM MORTGAGE BONDS 100 20 3s 1947 . 1028 .o 102 101 14 3145 1964, HOME DWNERS' LOAN BONDS 100 11 1027 100 19 4sx 1 FOREIGN BONDS —~ 1935 — High, 41y 104741 104151 1028 1 95% 14 1 1074 1 107% 1 115% 1 110% 1 a8 107% 1 131 15% 15' 15'y 151y 14 1“ 105 963 101 105 96 100% 100 181% French 184% French 190 190 11615 1104 33 111% 94 85 841y 97 34 8 851 10214 100 New Sou Wales 102 100 164% 171 75 102% 103 High. 8% 96% 9 974 Abitibi P & P 55753 Akershu. Antiquia 7 & Argentine os ‘47 8513 Argentin E Argentine 65 A '; Argentine 6 95% Australia 41655 01% Australi 01% 015, 891, Au 03% Batavia Petrol 41 02 Belgium 6s B 03 Belgium 6 10% Belginm 7s 06 Belgium 7s Berlin m . b 4 Brazil 6155 19 Brazil Cent R Brazil 85 '41 Bremen State 7s '35. . 24 28% 33% 04'3 Canada 4s Gn 10% Canada 1214 Chile 6s 124 Chile 12% Chile 12 1214 Chile \HL Bk 6 Chile Mt 0 23 981 Czechoslovakin 85 105 92 98 Denmark 41" 9415 1001 10414 100% 105 90 96 100 190 190 96 100 18614 189 rand Gelsenkirchen 6s ierman Bank 6s r Cnt Ag BK 6s 40% Ger Cnt Ag Bk 6s Oc 40 German Gen 1 6s '8, 40'; German Gen 28% S 398, 403, 61y 50 6 60 Good Hope S Grt Brit & Ire 29 Greek 65 '68. 108!5 Irish Free State 55 '60.., 891, Italy 7s '51 767 Italy P U Cre m 90 « Japan 5 Japan 61; 014 921 26!4 Kreug & Toll efsA 31% 6% 6's Mexico 45 1904-54 asst. . T84 5% Milan 61 102‘1 101% 101% 16815 24 1014 102 ew Sou Wales 63 9813 99%, 104% 101 79 814 163 9in 13% T9% 74% Orfent Dev 5% Y Orient 6s'53 Paris 8% Peru 6 813 Peru 6 12 Peru 7 73 Poland 65’40 126' 114% Poland 7s 95 36% 37 109 110 87V 136‘; 1051 424 8 9% 43 414 41 3% 434 85 88 Poland 8 28% Prussia 6 28% Pru: 105% Queensland 6s'47.. 107% Queensland 7s '41. 36% Rhinelbe Union 7s '46.. 31% Rhine Ruhr 6 39 Rhine West 6; : 39% Rhine West El P 6; . 39% Rhine W E P 65’55 ww. 79% Rome 6155 '52. Royal Dutch 45’45 76% Sao Paulo State T 34% Saxon Pub WKs 67 38 Saxon Ts” T4% Toki s'61. 72 'Tokio Elec Lt 6s’5: 35% Unit Stl Wks 6125 A 35 Uruguay 6s 60 34% Uruguay 65’64 65% Warsaw 78 35% Westphalia E1 P 6s'53. . 80% Yokohama 6s '61 DOMESTIC BONDS 105 103% Abram & Strs 5% 664 26 26 101% 100% 102 61% 107% 105% 94 112 10644 1051 103% 1081 106% 68 Alleghany Co 5s 58% Alleghany Co 5549, Alleghany Co 55'50..... 9% Alleshany C5a'50 cita, 22 19% Allis Chalm 55 '37...... 101% 100% ‘American Chain 6s ‘38 1013 Am & For Pw 58 2030, Am LG Chem 5%s '49 Am Internat 5 . Am Roll Mill ev Am Sm & Ref Am Tel & Tel 4 991 54 8514 110% 108% 13 111% 113% 111 13 97% 25% 111% Am Tel & Tel Am Wat Wks Am Writ Pap 6s 921 22% 103 102 106% 103 Armour of Del 5% 111% 106% A T & S Fe gen 45 '95. 110 106% A T & S Fe 4%s'48. 10124 19 10124 10130 -8 10326 10316 10325 +.1 49 28 100 5 10123 102 . 10114 10110 10111 ~.1 30 <12 -1 =1 Net + 10015 105 96 100 18614 190 + % 111% 0ty (E ) R1% 94y +1w +11 32 — + %! 7 80% — % 102 101% *\ LY | 111% 108w Det el | | |1. ~ 1035 — High. Low. Higl 118 111% Canada Natl 55’69 July. 116 120%115% Canada Natl 55 '69 Oct.. 118% 125 119 Canada Nor db 6= '46. 125 107% 106% Canada Nor db 7s'40....107% 87% 84% Canadian deb 4s perp... 87% 99% 96% Canadian Pac 4%:5'60.. 98% 1047% 102% Canadian Pac 58 . 1047% 26 18% Cent of Ga con 58’45 85% T1% Cent 111 El & Gas 58 '51. 101 98% Cent Pac 1st rf 4s'49 814 73% Central Pacific 5s '60 75% 70 Certain-teed db5%s 104% 101% Chesapeake Corp 5 106% 10315 Chesapeake Corp 119'% 114% Ches & Ohfo gn 4148 " 111% 108% Ches & Ohio 4138 A "9 1114 108% Ches & Ohio 415 B '8 11214 110% Ches & Ohio con js 50% 44'% Chi Alton ref : 109% 106 Chi B&Q 111 div 45’49, 110 106% Chi B&Q gen 45 '58 1095 106% Chi B&Q 4128 B'17 114% 111 % Chi RT &I 1st 4? Chi U'n Sta 4% ']n] n Sta 0. 109% 109 4 114 ( I & W Ind en 4 9815 Chi & W Ind 5 Childs Co deb Chile Copper dly 20! Clev Un Term 5 Colon Oil 6s Colo & Sou ref 41 4 Del & Tud rf 454 Den G con 4. Ty Den& RG W 125 Den & GWrf idison ref 10814 Det Edison re 107 106% Dodge ev debh 110 107 Duquesne 1st 41% 21 110 ag llw W 108 Goodriel Goodrich 105 104 Goodyear Rubib 1071 1060 Gy 106% 1057 Gra 104 79%, 95 447 3974 90% 111% 109 86% 801 631, 49 10615 108%, RT3, K1t 56 84 1 Bell T 1st rf 111 Cent ref 4s 111 Cent 4%5°66. Inland Steel 4135 A 7 Inter Rap Tran r 65 Inter Rap Tran 6s sea Inter R T ev Inter Cemie 21 6544 \| rine 6541, + Inter 'I‘: 1 K Tel 4 69% 61% Inter Tel & Tel 8% 751 Kan City 741, 601y ] 10815 105% K 104 100% Kan G 1 57 44 Kelly Spr & Tire G‘x 103% 1011; Kendall 5'.s 48 ww 109'¢ 106 69+, 61 Lack Stl 1st 55 '50. ehigh Val cn 4y Ligzett & Myer; Loew's 6541, Lorillard (') : Lorillard (P) 7s "44 Louisiana & Ark Louisville G&E » Louis & N . Midy al .\lxl R&L 1st rf &Lognrf M con 4s Mo Kan & Tex 5s A 62 Mo Pacific gen 4s'75 Mo Pacific r '65 Mo Pacific Mo Pacific Mo Pacific Mo Pacific Mo Pacific 5148 Montana Power 5. 10314 101 951 93% 96% 92% Morri; 59% 551y 105 102 10715 105% en gtd 4s Prod 53;s " | 1011, Y Cent conv 6s '44. nt deb 6s Y Chi&St L 1st 4s” 37 Y Chi&St L 412 tLrf5les A 4 t L 1st 6s°35... on 53 B '44.... 109% 41.. 114% 7 66% 1% 60 109% 107% 114% 113 30% 45 N H&H 4%s'67 l\ Y NH&Hclt 6s'40, NYNH&H6s'48.. N Y Ont & Wn ref 45’92 Y Tel gen 4% e Y W & B gen Niag Sh Md 5% B Norf & W Ist cn 45 '96. Norf & W div4s'44.... Notrh Am Co 5 North Am Ed 5% 62Y% 1141 110% 109% 107% 814 4% 1ty 76% 3% 107 102% North Pacific 4597 8915 ¥3Y% North Pacific 4 2047, 102% 95 North Pacific 65 2047 106% 103 North St P 1st 55 A "41.. 106% 103" 104% 117% 110% 110% 111 44 108'% 109% 108% 118% 6 23% 17% 4% A 1067 85% 108, 1041, 1061 ¢ 103% 49% 102 % 101% 103 93% 94 55% 104% 107 100 65:% Net — 1035 — ‘Z‘/' + % +1 - % -1% - % - % -% + % = -1% fl++d +1+11+1 4+ l”)“ 105 106% +114 [ March. +3 _ul earnings of corporations reporting during Net Low Close. Chge. 87% 89% 42% 106% 98% 100% 633 12% High, 82% Purity Bak 5s"48....... 89% 108% 106 Reading 4% s A '97. . 107 100% 9714 Reading Jersey C 4s°’51. 99% 103 99 Rem-Rnd5%s A’47 ww 103 70 63% StLIM&S R&G 45'33. 67 17% 12 StL&SF4sA 50, 14% 10% StL&SF 4%s'78 85% 82 San A & A Pass 4s'43 11% 6% Seaboard A L 6s'45 103 1024 Shell Union Of 105 103% Sinclair Ol 638 B'38.. 104% 104 102% Sinclair Oil Ts A *37 102 98% Skelly Oil 5183 110 108% South Bell T & T 5s 41, 111 109% Souwst Bell Tel 55 A 2% 6415 South Pac col 4s 49 South Pac ref 45 '35 High, Low. 90 106% 9% 102% 64% 12% 114 83 A 102% 109% 4 110% Southern Ry gn 4s A '56 103% 9674 Southern I 81 55% & 86 5715 S 104145 103 491 38 100 90 Tenn 104% 103 7 9315 89 Te: 931 89 T 587 55 261 24% Stand OIl N Y U Stud (Continued From Page 2.) e ~= 1935 — Stock and Net h Lew Dividerd Rate Add 00. Hum Low. Close. Chge 19% 15! Thatcher Mfg (a2lc 11 6 The Fair. . 1 Gl‘i'l'hel-‘nlrrlf (35%).. 10s 3 Thermoid Co. . . 8 Sales— 3 48 28 69 13 515 Thomp'n(JR) (30c) . 14 Thompson Products 2 Thompson Starrett. 8% Tide Wat Asso Oil 84 Tide \\ At A O pe(6) 271 Tide 100 'r.ue\ at Oil pf (3) 51 Timken-Detroit ., 32 Timken R B (1).. 5 Transamer 614 Transue & 27 Tri-Contl Corp. . 75 Tri-Contl C pf (6) 36 Trico Prod (21) 4% Truax-Tra Coal . 4'x Truscon Steel . . 18% Twin City R T pf 1% Ulen & Co. 57 Und-Ell-Fisher (2). 127 Underw-} 45 Un Bag & Paper (4) 44 TnCarb&C (1.60). 14% Un Oil of Cal (1). 94 Un Pa 8215 Un ¥ 24'; Un Tank Car (1.20). 11' United Aircraft. . 5'« United Air L vte &', United Am Bosch. United Eise (1.60) 3 United Bise pt (7) 46 United Carbon 2.40. 1" United Corp 21%, United Corp pf. 10 Uaited Drus 5 Unit Dyewood 5 United Elec Coal 71% United Fruit (3) 9% United Gas Imp (1) 881; United Gas 1 pf (3). 24 United Pce D W. lfi Ln(lpd Pce D W pf. Distributing pf. l S Freight (1). 5% US & Forn Su‘ur 43% U S Gypsum (1) Us Ilottn an.... 36'. U S Ind Aleohol (2 5% U S Leather... 9 S Leather pr pf.. Pipe & F (50c). P&F 1st pf1.20. 4'; U S Realty & Impr. 13 U S Rubber. .. 315, U S Rubber 1st pf.. 106|n Us Qmeu &R lh!H. 3. 9% U S Steel Pt (2). 119'« U S Tobacco (77%4) 149% U S Tobacco pf (7). 3% United Stores (A) 48!y United Stores pf 52 Univ Leaf Tob (2). 1334 Univ Leaf T pf (8). 36z Univ Pic 1st pf..... 1% Univ Pipe & Rad. 26 12 Univ Pipe & Rad pf. 60s 1% Util Pwr & Lt (A).. 3 270s 138 30s 18 | 103y 88 4 65 24% 941 96% T2% 19% T0% lluw 8715 9615 E 29 102145 101% 10215 1004 96 90 100% 110 98% 994 [ 9 = 1035 — High Low 16 91 :West Pa K 95 110% 10. s We nion Pacific s '68. 104% Union Pac 1s United Drug 5 '53 High. . 103y 1081 891y Low. Close. Chn 110 111% + % 102% 103% 107% 107% — % 88 89y 94% 95 rf 452 Utah L & T & 69% Utah Pwr & Lt 5s 44 20% Util Power 55’49 ww. Util Power 5%s '47 93% Wahash 1st § Wabas! W w +215 #8145 Vanadium cv " 113 110% Virginia Ry 1st5s i - -1% =% -1 est Shor stern § Western Md 1st 4s Western Md 5 Western T Wheelin Wheelin; 1084 Wilson & Co 15t 6 Youngstown Stl ¢ Youngstown Stock ana Dividend Rate Vadsco Sales Vanadium Corp 11% Van Raalte. .. Van Raalte 1st pf 7. 4% Viek Chem (12.40) ‘ar ClI Chem 6% pf ar C! Va- 8614 101 3% 101 101% 41.. 109% 110 94y 94y Net Hllb ld' Close Chge. 16 16% - % 133 14 41 3 94 +1 T 4105 Sales— Add 00 orp. 13 hemical. .. 11 hem 7% pf 5 1 & Pwr pf (6).x4308 ron Coal & C pf Julcan Detin (a4).. ‘abash (k). “ee bash pf (A) (k). 1% Wahash pf (B) (k). Waldorf Sys (h20c) Walzreen Co (m1). Walgreen pf (612). WalworthCo...... Ward Baking (B).. Ward Baking pf (2) Warner Bros Pic... 108 908 10 20 120s 4 14 170% 68 1n 6 208 Warner Bros Pic pf 2 Warner-Quinian. .. : Warren Bros. ..... Warren Bros cv pf. Warren Fdy&P (2). : Webster Eisenlohr. Wells Fargo West Pa West Pa West Pa West Pa Western ern Western Western ~ Western « Western 2 Wh + Yale & Towne (60c) v Yellow Truck...... Yellow Truck pf... 18% Young Spr Wire (1) * Youngstow: 40 ePayable in cash or stock Py dividends ganized i stock Western Westing West Westin ¥ 7 IA"NE 1708 4108 Pwpf (6). T40s Pwr pf (7) ) Dairy pf A bairy pf B Maryland Md 2d pf.. Pacific. . Pacific pf. Union se AE ngh’se Elec ite Rock M S (2) e Sewing Mch. White Sew M, Wilcox Oil & Gas... Wilcox Rich A( : Wilson & Coal2lic Wilson&Co pf(6) n. Woolworth enith Radio...... Zonite Products. Dividena rates as civen in the above table are the ann cash payments based on the | declarations sURit of trading less than 100 ehar hPal us_4% in kCompanies reported in receivership or mPlus 5% in XEx d vidend 79 22 3l 384 198, 1678 26 208 16 S& 47 L 54 a1 iatest quarterly or arly rtly extrs. 3Plu st Yearoono seeulst fate BPavable Plus $1 in_special pref Stock' aPatd this vear . jAccumuiated being reor- stock DPlus 2% stock nPlus 3% in SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Allis-Chalmers Co. 5s Land Bank bonds { Amer " Beet Sugar_fis Am. Tel & Tel Great Northern R Illinois Central 6 . Tl Tel. 4 431: weak; 31 hang ,and Midwester marked mi 2 4a | Pacific. Coact ek line rey. ards. 27a28: Fact | liners.” mediums | chankea | Live poultry unch2nged »and aur ted Dressed pou CHICAGO PRODUCE. GHICAGO, March = ( Roek Yrvers prings. ock broilers barebacks. 16alX 1422 Leghorn. ©1: roosters. 1412: turkeys. up, 20a21; : ducks, 4!> pounds all. 177 geese, 14: capons. weak: creamery, specials (Since extras ex- 0. Butter cars, stand- steady: prices u cases; current re- s et ikerator arby 2 FEDERAL LAND BANKS | NEW YORK. March #.—Federa Bid, Asked. NEW YORK PRODUCE. NEW YORK. March 2 creamery. higher than extr ) —Butter. €. 2o centralized (¢ Prices unchanged y: mixed colors. se ther mixed colors un- resale of cPacific Coast shell t all br pren special nearby treated n packs. | and | specials. exchange 24: or stand- eated or All freich express er ady. | trozen grades unchange " JUMBO FROG LEGS 1838) 1107 Connecticut Avenue FUNDS WANTED —in anv amount. for investment fn ":1' selected first trusts yielding 5% and 6%. We can’ assist you in keeping your money steadily employed at profitable rates TYLER & RUTHERFORD, INC. Natl. 0435 We have funds available for First Trust Loans on Real estate in D. C. and nearby small amounts prevailing_rates interest. Reasonable commission. Prompt attention given applications. BRADLEY, BEALL & HOWARD Phone Na. 0271 Southern Bldg. Established Over 35 Years nd First Trust Notes on Washington and Balti- more Properties. (All issuers.) Bought Sold Quoted C. B. Pennebaker Company. Inc. Sotthern Bldr. Washington, D. C. National 2335. National 2313 “Dealers in_ Unlisted Securities, Specialitta in Real Estate Mortpavé Bonds” ; fresh graded firsts, . Potatoes. 80: on track, 249: total United Stafes shipments. 989. Old stock: Steady. supplies moderate. demand and trading 1 S8Cked, per cwt. “Wisconsin 1 car. patt wt.; part_ 100- | pound sacks, 1.50 c\n New stock: Steady. | demand and trading : fllrked per cwt.. Florida Bliss T . 'No. 1 bushel crates. CORPORATION EARNINGS. NEW YORK. March 2 ().—Per-share A HOME FOR YOUR MONEY MONEY FOR YOUR HOME! the week. with comparisons with the prev- ious year, included: Year Ended December 31, 19! American 'l'ele‘ & Telegraph $5 General Electric 3 Diamond Unlon Pacific RR 1% ctric Stor Bat (com & pf) Steel 103% 100% Atlantic C L 1st 4s '52 9214 8815 Atlantic C L 4%s’64... 108 107% Atlantic Ref deb 5s'37.. STOCKS. e ———————————— 105% 1011 Ore Wash RR&N 4s'61. 105% ere nominally steady in & lisht Saturday -y 91% 69% Otis Steel 15t 55 A "41... 84% hoi & ““m to choice kinds sent. able top was %0.50. while & few light lllh!a sold at $9.10 Rece| were 5.000, including 4.500 direct. "h llinn shipments to markets ltll] on the on basis because of short I!DJltb In rend duris Sirecching o two full months one Pl ihe Wintry weather early in the week tended to curtlfl marketings further but 8, Slient bulge in_ receipts followed the moderation of the weather. v price_of hogs vesterday st $8.85 last week and A four-year peak of $0.55 was paid ~ vesterda Outside markets today were nominally steady to strone Some cattle reversed the recent trend during the week although chaice steers ,:M yearlings as_well as_common kinds eld steady. In-between grades however. 25 cents or mnr! lower with the -hmur demand very narrow Packers fused to pay the uuntnble Deak of $14.00. but Sholce "to prime Nebratka, stecrs sl 13.90, cents the season’s 00" Best “Tant neera e odehe &t 13 8 laughter, lambs moved 80 to 60 cents ‘ *more. i) % the week While lhee were | mou -nS eeders were sirong “ e extreme top for fe ml 5535, but_ Tew sold above 20,10 jal estimated receipts of live stock for m;r Hogs 18.000: cl“l 11.000: T 107% Ample funds available for prompt consideration of ap- plications for loans to modernize homeés or to refinance existing trusts on homes. — 109 106 Pdeific Gas & El5s'42.. 107% 106% Pacific T & T 1st 5537 75 58% Para-Fam-Lasky 6s'47. 3% 59 Para-Fa-Las 6s 47 ctfs. 5 59% Paramount-Pub 53%s '50 751 58% Param-Pub 538’50 ctfs 104% 99% Penn RR 4%s E'84... 119% 1141 Penn R R con 4345 '60.. 1081 105% Penn R R gen 4125 65. . 974 93% Penn R R 415’70 D. 1041 100% Penn R R 43,581 D. 106 - 104% Penn R R 4%s'63 1074 105 Penn R R 55 '64.. 115% 111 Penn R R gen 58 106 105 Penn R R 6l%s'36 104% 98% Penn Pw & Lt 4145 '81.. 8415 81 Philadelphia Co 55 '67.. 107% 104% Phila Elec Co 4s71.... 53% 48 Phila & Read C&I 65’49, 51 102% 101% Phillips Petrol 5%s'39. 102% 60 50% Port Gen Elec 435 '60. 60 504 PortG E 4%s'60 as 101% 98 Port G E1st5s'35 524 44% Postal Tel & Ca 58 '53.. 109 1074 Pub Serv Gas 4%s'67.. 108% 108 ms 102 100% Pure Oil 55'37. . seomane 102% 101% 102% + % ,.99% Pure Ofl 5% 40 waseawm 102% 101% lolig #, 104 100% B & O 1st 48’48 60% 42% B& O 4%s'60. 109% 106% B & O 1st 5s 48 77% 60 B & Oref 58 A’95. 76 60 B&Oref5sD 2000, 86% T76% B& O 6sC’'95. 100 97% B&OPL E&W 99% 94% B& O S W Div 58 104 100% Bangor & Aroos 4s'51 118 1134 Bell Tel (Pa) 5s B'48... 122 116% Bell Tel (Pa) 58 C '60. 1044 103'% Beth Steel pm 55°36 115% 104% Beth Steel rf 55 '42 79 73 Boston & Maine §s 110 108% Bklyn Edison 5s A '4! 106 104 Bklyn Man Tr 6s A "68 105% 102% Bklyn Un Gas bs '50. 104% 100% Bklyn Un El §s '50 70% 57% Buft R& Pcon 4%s°5 1037% 102 102% -1% 46% —2% 107% - % SRS - SIS Ba219:9132900 No Commissions—No Renewuls 12 Years or More to Pay COLUMBIA BUILDING ASSOCIATION 716 Eleventh St. N.W. Established 1907 BR_amdumnng I P 233RIZRRR 1h w0, MBS % lol% ¥ !fi 46% —1% “Where Savings Are Safe” Members of : Federal Home Loan Bank System, D. C. Building & Loan League 104% 103% California Pack 5s '40 114% 109% Canada Nat R 4%8'51 104% 102% Canada Natl 4%s '54 115% 110% Canada Natl 41%s'56 113% 108% Canada Natl 41%48°57 105% 103% Canada Natl 4% hogs for all Ll