Evening Star Newspaper, March 7, 1935, Page 17

‘'FINANCIA U . BONDS EASE, OTHERS IMPROVE Farm Mortgage 3s and Called Liberty 4th 4Yas Are Rather Weak. By the Associated Press. NEW YORK, March 7.—Corporate bands showed better action today, but United States Governments sold & bit lower all through the list. Federal Farm Mortgage 3s and “Liberty called fourth 4ls were rather Weak, with the former off nearly 12 point at 101.18 and the latter at 10031, off 11/32 of a point. Losses in other Federals ranged from 1/32 to 8/32 of ~a point. Both prime and secondary issues {n the general list showed a fairly general tendency to work higher, al- though gains were modest. Washington Exchange SALES. Capital Transit Co—1 at 25'%. Washington Railway & Electric pfd. —1 at 103. Mergenthaler Linotype—100 at 30, 29 at 30; 7 at 30. AFTER CALL. Capital Transit Co—2 at Washington Gas 5. 1960—‘1 000 at 115, $1.000 at 115. Bid and Asked Prices. BONDS. PUBLIC UTILITY Tel & Tel 4% e & Tel. col g 5- Bid. Asked o seie Cmm. Traction R. R. City & Suburban 5s. Georzetown_Gas 1st 5s. Fot. Elec. Pow. Cons 3s. Potomac_Elec. 65 Wash. Gas 58 h. Gas 960 Wi Gas s series B Wash. Rwy. & Elec. 4s.. MISCELLANEOUS. Barber & Ross. Inc. 6las. Chevy Chase Ciub e Col Country Ciub 5'> Amer. Tel & Tel (9 Gavyial Transic Co. (1 Sieamboat (i) Rigss ptd WS BElan "t TRUST COMPANY Amer Sec & Tr. Co. (%) 196 Natl Sav & Tr.. _ L 100 Wash. Loan & Tr. (%) 184 SAVINGS BANK Com. & Savings (6) 150 PIRE INSURANCE. TITLE INSURANCE. Columbia (30} Real Estate (6). st MISCELLANEOUS (‘nprl Corp. (1) C_Paper Mfz pfd B’ Bromo-seiz: “A- 1600 Lanston Monotype (4) Mergenthaler Lino Peoples Drug §. pfd. (6 1!\\ " 1713 13 ) 1 - 3 3013 S - Wh Cum @ Wdwd. & Loth. com. (i 3. . (7). 110% vide. 1570 ex dividend naylhh March 11. . SHOBT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) JAllis-Chalmers Co. 5s 1 ne; I(‘rh gu car s 1! m Stee! 936, California Packing 5s 1940 Cara. Nor, Ry. 7s 1940... Ches. & Omn Ry. Kws 1939, Tilinois Central 6'3s Intl Tel & Tel, 4iss 1 West. 5s 'lcm:n \alley Coul 83 18 Louisville & Nash. 55 ichigan Central 4s 1940 %, York Central 63 1 MY SEL Ohio River R_R. 5 S 1047, 101%2 1017 102 1034 1 Rep, Tron & stec 5 ir Cons. Oul 7s 1 adium Corp. 55 1941 Wabash Rwy. Co ‘Warner Bros. 0s CHICAGO LIVE STOCK. CHICAGO, March 7 . (United States Department ’of x Y Mnré(fl slow Junu : packing sows d and choice. 14( light weight. 16( medmm ‘welght. mn:‘ s. : heayy weight. and 54 packing sows 50 pounds. §.0089.00; ‘l;o‘od and choice. 100-140 pounds, a 00 Cattle, 5.000; calves, 2.000. Ped steers and_yearlings strong to 25 up. mostly 25 up on common and medium grades. Better grades very uneven and trade on Jower-grade steers and all she-stock very All_she-stock 1 higher Bulls Vealers steady to ’wen o es 0- a5t S0an ¢ medium 5 light 80a1%00. TSteers. good 00: 00-1.500 A common and medium. E 5. heifers.” good and choice. alz mon and medium, 7.50a10 00; 5085.00: (yearlings _excluded) (beef). common_and medium, ;. vealers. ¢ lnd choice. 7.50a medium. 6.00a ull and com- mon. 4.0026:00: stocker -and foeder steers. good and choice. mn]mu s.:)n 88.75; common and mediu; .11.000. Fat lambs fairly active. penm: ‘fully steady to strong; asking sher. Sheep and feeding lambs little changed. s and sales good To cholce fed lambs. 8.7580.00 to packers lnd Lh(n. 5; asking &:10 and aboveiscattered na- in 0085.25; slaughter sheep and gmbs. lambs. 90 pounds. down. good lnd cholu 8 12391 "cnmmon nnd e ewes. 150 1 0085.50, Ell nod lnd 5a9.10; and choice. { ing hmh- 50-75 ice. 6.7587.50 o FOREIGN EXCEANGES NEW ¢ (). —] xghange muulu "Ereat Biitain 1 G others in cents. Great Britain, de- 4.75%; cables, 4.75%: 60-day bills, 3 Sz‘a or] : New ank ln Monmll. 101.372. Nomlm “UTILITY GROSS IMPROVES. CHICAGO, March 17 _ (®—The Western United Gas & Electric Co. reported gross earnings in 1934 were $7.223,290, an increase of 5.2 per cent compared with 1933. Net income after #ll-deductions was listed at $955,219. SAVANNAH NAVAL STORES. o o el 5 F.&Fu TP m!lnm 145 r.ift: . “G : | Fiat deb 7s 46, 5 By private wire direct to The Star. LIBERTY. High. low. 2:35. !!il 1932-47..... 1036 1031 1036 1stcv 43 s 32-47, 10210 1029 1029 4th 41,8 1933-38..103 14 10312 10313 4th 4% s 33-38 3 ullcd.. 1019 10030 10031 4th 4345 33-38 3dcalled reg..101 4 1014 TREASURY. 3% 5194043 June 10713 107 33,5 1941-43 Mar. 1078 107 335 1945-47 10624 10622 10624 10919 10912 10912 1112 11025 11025 1059 105 1051 11528 11528 11528 FEDERAL FARM MORTGAGE. .10125 10118 10118 . 10125 10118 10119 10318 10312 10812 HOME OWNERS’ LOAN. 23%51939-49...., 10010 1002 1003 % 49 reg. 100 100 100 10125 10117 10117 481951... - 10112 10110 10112 FOREIGN BONDS High. Abitibl Pa&Pw 58753, 374 Asr Mtg Bk Col 65’47 2415 Alpine Mont S 7s’55.. 92% Antioquia 7 B... 8% Antioquia 78’45 C..ve 8% Antioquia 78’45 D...a Antioquia 1st 78°57 Antwerp 53 '58. Argentine 535’62, Argentine 63°57 A... Argentine 63’58 B, Argentine 6s°59 June Argentine 63 '59 Oct. . Argentine 6s'60 May. Argentine 6s '60 Sept. \46% Australia 414s 56 Australia 5s°55 99%, 988 93, 101% 10135 1013 — Belgium 63%s Belgium 7s ’55. Belgium 7s 56 Bergen City 5360. Berlin Elec 6% '51 Berlin El Ry 63856, Bogota 8s'45. Bolivia 7s'58. Bolivia 75 '69. Bolivia 8s°47. Brazil 6148 '26-57 Brazil 6148 '27-57 Brazil 7s '52 Brazil 8s'41.. Brisbane 5s°5 Brisbane 6s'5 Budapest 6s '62 unmat cou on. BuenosA Cy 65 '60 Ap BuenosA Cy 6145 '55. Buenos A 64 '61 st Pv Caldas 71;s'46. Canada 4s '60. Canada 43s " Canada 5s°52 Chile 65 60.. Chile 65’61 Jan Chile 6s°61 Febr. Chile 6s '62 Chile 6s63. 107% 107% 107% 115% 115 115% 108 108 108 . 9% 9T 34% 34% 37% " 5 . 5 114 105% 105% 3th 10318 Chile Mtg BK 68’ 61 Chile Mtg Bk 65 "62 Chile Mtg Bk 618 ‘57 Chile Mtg Bk 6%, Christiania 6s 51 Cologne 633 '50. Colombia 6s ‘61 Oc Col Mtg Bk 633547 Col Mtg Bk 7s'46.... Copenhagen 41;s 53, Copenhazen 58 °53. Copenhagen Tel 5a '54 Cuba 5% '45. . Cund'amarea 614 59 Czechoslovakia 8s *51 Czechoslovakia 8s "52 —_— Denmark 45 ‘62 Denmark 5335 '35 Denmark 6s'42 Dominic 1st 5155 *40. 611 6115 Dominic 1st 5135 '42. 671 6718 —_— Elec Pow Ger 6138 '50 38 38 Estonia 75 '67....... 94% 95 96 96% —_— 107% 107% 10315 103 187 187 188 188 106 105 105 105 921, 91 91% 99 99 99 !03 101% 102 + Finland 6s Finland 63! French Gov 7s 4 French Gov 7%s *41.. | Gelsenkirchen 63 '34. Ger C Bk A 63 '600ct. Ger Prov & City Bk con Ag 638 '58.. Ger Gov 5%s '65. Ger Rep 7549, Great Br& Ir 63837 GrtCElJap i8'44. .. Greek Gov 65 '68.. ... —_— Italy18'61...000..u0 60 60 37% 3T 42% 31 40% 40% 1117 111% R8% 89 291 Japan 515s'65. Japan 6%s '54. Karstadt 6s'43 Kreu&Toll 585 Medellin 614 s 54 Milan 634852 Minas Gers 613839 Sept coupon off. . Montecatini 7837 . Montevideo 6s°59. Montevideo 7s"52. ... New So Wales 55 ‘53, Nord Rys 61,s'50.... Nor Ger LId 6547 new Norway 6s '63. Norway 64565, Norway 6s ‘43 Norway 6s'44. Norway €s63. Norw Hy E15%+%'57 Oriental De~ 5%s Oriental Dev 6s 53 1015 100% 100% 10415 1041 104% 105% 104'5 104% 1024 102% 102% 93% 93% 93% M4 8115 10614 8lg 8y 13 9 124 % 81% 1% 81% 106'4 109% 84 A% 8% 8% 13 13 7.1 123% 124 93% 9315 9314 30% 304% 30% 30% 304 30% 107 107 107 385 38% 16 Peru 6s '60. Peru 6s'61. Peru 7s '5! Poland 8s '50. Prussia 6s ‘52 Prussia 645 '51... Queensland 6s°47. Rhine W E1 P 65 '53.. Rhine W E1 P 65'55.. RiodeJan 6%s 83 Aug coupon off. . Rio de Jan 8s°46 April cupon off... Rome 6%8'62.....00 Roumania 7s *§9 Aug coupon off. .. 80% 35 Saarbrucken 6s 53 Santa F Arg 7s 42 stp Sao Paulo Cy 6%s '57 May coupon off. Sao Paulo St 78 °40 Saxon Pb W 78°45... Serbs 7562 unm ¢ on. Serbs 8s ‘62 unm c on, Siemens & H 6%s '61. Silesia Prov 7s '58... Sydney 6%s'65. 53% 86% 33 Un Stl Wk 635547 A, Un Stl Wk 648 '61 A. Uruguay 63 '60 35 Uruguay 8s°'46... 37% Warsaw 7s ‘58 71 Westphal E1 P 40% 40% Yokohama 6s 61 84 84 8 DOMESTIC BONDS. Abr & Straus 5%s°43 104% 104% 104% Alb i Sus 3345°46 gtd 102% 02 Alb Per W P 6548 Alleg Corp 4 Alleg Corp Alleg Corp 68 ‘50 Alleg Corp 58 '50 ctfs 17% Allis Chalm 6s°37.... 101% 101 101% Am Beet Sug cv 65’40 102 102 102 8% | Bos & Me b: 10% | Chi Ind&So 45 36 14 |Con Gas N ¥ 434 THE EVENT “'A ICCStLNO4%s'63 wu % | Ind’polis U R 6s'65 B. 1124 112 112% 112t% 112% 112% - 113K l'}s 13% Am Writ Pap 6s°47.. Anglo-Ch Nitr 7s"45.. 105% 1051 105% 104% 104% 104% 105% 104% 104% 5... 108% 109% 109% . 107 106% 107 A T&SFRMt div4s’65. 103% 103% 103% Atl Coast L 1st 4s°52. 101'4 101 101 Atl Coast L clt 4s°52. 7415 74% 74% AtICLun ¢% 6% 86 86 Atl Refin deb 6s '37 Aust & Nor 53 °41. 9% 984 ums 1004 100% 42% 44 llfl 106% 106Y% 60% 61 Beech Crk 43 '36 gtd.. 101% 101% 101% Bell T of Pa §s°48 B.. 118% 118% 118% Beneficial L 63 °46.... 109 109 109 Beth Stl pm §s°36 103% 103% 103% Bos& Me4%s’61J.. 61% 60% 614 '61. 65% 645 65 Bos& N Y AL4s’55. 32% 3215 328 Bklyn Edis 5843 A.. 110% 110% 110% Bklyn QueensC & 8 con 5s 41 stpd. .. Bklyn M T 6863 A. Bklyn Un El §s 50 Bklyn Un Gas 5845 Bklyn Un Gas 5350 Bklyn Un G 68’57 B Buff R&P con 4%s Bush Term 1st 4s '52 By-Prod Ck 5% 45 62 62 62 105% 105% 105% 105% 103% 103% 118 117% 118 05t% 105% 105% 110% llfl 110% 58 76 8415 B4% Calif GEE ref 63 '37., 108% 108% 108% Calif Packing 5s ‘40.. 104% 1043 104% Calif Petdb51;8°38.. 103 102% 103 Can'dian Nt R 434s'51 110% 110 110% Can’dian Nt R 434s'54 103% 103% 103% Can’dian Nt R 413856 110% 110 110% Candian Nt R 4348'57 .. 108% 1083 Can'dian Nt R 4145 68 103% 103% Can’dian Nt 5s’69July 113 112% Can'dian Nt 6s'630ct. 115% 115% Can’dian Nr db6 15: Can’dian Nrd Can'dian Pc 58’44 cfs 111% 1114 Can’dian Pc 55 °54.... 102% 102 CaroCl & O 6s°52 A, 109 Cent Dis Tel 5s "43... 109% Centof Ga con 58 °45. 164 Cent of Ga 55 '59 C 83 Cent Hud G&E 58’57, Cent IIE& G 6s'51 Cent N Eng 4s '61 Centof N J 4s '87. Cent of N J gen 5s'87 Cent Pac 1st rf 4s°49. Cent Pac 5s'60. Cent R R B Ga 5s°37. Cert'd deb 5,8 '48. .. Chesap Cp cv cl 5844 Chesap Corp 5s '47 C&Ogen4lss'92 C&O4%8'93A C&04%,3'95B C&Ocon5s’39. C& O R&A 1st 4 Ch! & Alt ref 3s ChiB & Qgen 4s Chi B&Q 4%s°77 Chi B & Qref 5s°71 Chi B&Q1 div l‘/.l 49 Chi B&QI div4s Ch1 & EIll 58'51. 108% IOB’i 11315 1134 105% 1057x 108% 108% 6 6 CM&StP 4s°89.. | CM&StP gn 4%s'89C CM&S!PQ‘&I'IS B... CMStP&P adj bs 2000 Chi & NW gn 4s'87... Chi & NW 448 2037.. Chi & NW 4%s 49 Chi & NW gn §s'87... Chi & NW rf 552037 NWNrwe aaaanaan ELEEERET L4 Chi Un Sta 41,563 A. 109 108% 108% Chi Un Sta 55’63 B... 109 109 109 Chi Un Sta 6%s°63 C. 113% 113 113 52 98 97U 9T 104 103% 104 831, 884 834 106% 106% 106% 112% 112% 5 Chile Cop deb 5s °47 CinGasEl4s'68 A. Cin Un Ter 5557 C. CCC&StLrt 4% s'T7TE. CCC&StL rf 55 '63 D. CCC&StL StLdiv4s'90 Clev Un Ter 433877, Clev Un Ter 55'73 B. ClevU Ter5%s'712 A Colon Oil 6s°38...... | Colbsorxt%-'li.. | Cold Sou 41;5'80asst. | Columbia G & E I3 bs May. Columbia G&E 5s Col RP L 1st414s’'sT Com Inv Tr 5%s"49 Con Coal Md rf 6s '5| Con Coal Md sa'ia’:;- ConGas N Y 5s°57... Con G N Y %845 rex Consumers Pwr 68 ‘52 Container 6s ‘46 CrownC&S 6s ™ Crown Will P 6s ’51 Crown Zell 6s *40 ww. Cuba R R 1st 53 ‘5. Cuba Nor RR 5% Cuban Cane P 6s°50.. Del & Hud rf 4s"43... Del & Hud 6%s'37. Del P& L 4135 '69 103% 103% 105% 105% 105% 106 108 108 102 102% 83% 9314 106% 106% 106% 274 21 27 7 ; 7 14% 4% 14% e 2% 2 Den & R G cn 48°36 Den&RGW 58°65 a Den &R G rf 58 '18. Des M&F'tD 4 Det Edison rf Det Edison §s 6 106% 106% 106% Duqu Lt 4%s '57 .13 113 13 Duqu Lt 1st 4155 '67.. 109% 109% 109% ——— East Cuba S7%8'37.. 9 Eriecv 45’53 72 Eriecv 4s'53 4% T3% 3% 60% E:l‘:&:‘l;}: 68°57... 1:2“ 116% ll:: FI C Ry 58°'74 cfi 6% 6% 6% Ft W&Den 1st5155'61 106% 106% 106% 117% 117% 117% 889% u8% 89 921 924 :'z)% —— G&E,Bergen,NJ.55'49. Gen Cable5%s 41. i Gen Pub Svc 5%s'39. Gen Steel C5%8 n.. 80 Gen Thu‘Eu ‘5' "40... ;% Goodrich 6s ‘45. Goody'r T & R 68 '57. 105% 105!& 105% Gr Tr'k of Can 63 - 106% 1063 106% r Tr'k of Can s 105% 106% 106% tNRref4%s CIA. 102% 6D 69% " | Bure O11 6% ... 110% 110% 110% 1.. 1014 101 101 1% 1% 1% s 65 65 . 50 49% 49% lllClntflfil’“ . 96% 96% 96% NG STAR, WASHINGTO Low. 2:88. 59% “'h 63 62 . 107% 107T% lo"\ 106} 106 106 105% 105% 105% 106 104% 1056 1CC&StLNO 111 Steel deb 4% 8 “40.. Inland Stl 4%s 18 A. Inlaid St14%s'81B.. IntRTistrf IntRT 2, IntRT 2 IntR T 7832 ctf. Interlake 58 ‘51 Int Ag col 6 Int Cement 5348 8 85 8% 75% 6% 987% 987 987 100% 100% 100% 32 32 32 Int Tel & Tel 58 '55 InvEq5s’48 Bww. InvEq5s 48 Bxw... JamesF&C4s"39... KanCF S & M 43°36. Kan CF&M rf4s’36cts KanCP& X.du- l'l‘ lu\- 105% 1054 L4 113% 1131 1134, T4 T4 T4 59% 59 59 107% 107% 107% 1043 10435 104 68 68 b1'; 50% 50% 10315 103% 103% 105% 105! 105 9914 98% 1033 103% 102% 102% 107% 107% 983, 103% 102% 107% 100% 51’ Klnn!y(GR)’l%b ‘3 Kresge Founda 6: Lack Stl 1st 58'50 A, . Laclede Gas 5539, Laclede G 5%s 53 LE& Wn 1st 55 '37, LE&W:2d5bs'l.... Lake S&M So 315597, Lautaro Nitr 6s ‘54 Leh Val Coal 5s 54 Leh Val Coal 55 '64 L V Pa con 45 2003 Lex & E Ry 53 '65. Ligg & Myr 5551, Loew’s €5 *41. . Long Dock 6s '35 Long Islref 45’49, Lorrillard 7s '44. La & Ark 5s°69 4 L&N4%s2003C. L& N5s2003B. 1 L & N So Mon jt 4s 53 ——— M'Cro’yS 5358'410led. McKess & R 5145 °50. Manati Sugar mod 715842 ctfs stp Manhat R 4s "90. Manhat R 2d 4s Met Ed 1strf 4%s 'fl Mich Cent 3145 52 Mich Cent 4s " Mich Cent 4% s Midvale S&O s MiIlER&SLS5s's1,, MilER & SL rf5s'71 Mil Spa & N W 45 '47. MStP&SSM 512849, . MSIP&SSM rf 65’46 A MoK & T adj i- oT... Mo Pac 4s'75 Mo Pac 53’65 A. Mo Pac 53717 F. Mo Pac5s'78 G Mo Pac 5380 H. Mo Pac6s"811 Mo Pac 5358 49 Mont Cent 58°37, Mont Cent 6s '37 Mont Pew ref 5s ‘43 Morris & Co 473839, Mor & Esx 33%s 2000, Mor & Esx 4338’55 Mor & Esx 5s'55. . —_— Namm & Sons 63 43. . Nash C & St L 457 Nassau El 43 ‘51 gt \: 3 Newark C Gas 55 Newb'ry(J3)5%. New E T&T 4% New E T&T 1st 55’52 New J P&L 4%3°60.. New Or PS5s'52A.. New Or Ter 1st 4s°53. W Or T&M 5358 *54 Y Cent31s'97 reg. Y Cent con 4598 Y Centrf 41482013 Y Cent rf4%s2013n Y Cent rf 5s 2013.. N Y Centev és NYCL Sh3%s"s NYC MichC3%s !l. NYC&StL 4%s8°7 NYC&SLL 6338 'T4 A. NYCAStL 1st 6s'35. . NYLac&W 4%s'73.. NY NH & H 313354 NY NH & H 4s '55. NY NH& H 4s 5l NY NH&H 4s'57. INYNH& Ha%s NH & H cl trés'4 NH&Hcv 6543, O&W gen 4s'65.. O&W ref 4s°92.. & Putnam 4s 93. Steam 1st 63 '47. Tel gend%s8'39... NYW&B44% Niag Sh 515850 . Norf & W div 4s 44, Norf&W 1st 6... North Am Co §s'61... North Am Ed 5s'63C Nor'nOT & L 6s'47. Y Nor’n Pac gen 3s 2047 lz:‘ Y 4 NY NY N N NY NY Y X Nor'n Pac 6s 2047. Nor Sts P 1st5s’¢1 4 lofi\ NornStPés'41B... 108 108 108 Ohio Pub Ser 7s°47.. llO‘m 110'4 llfl‘t ©Old Ben C 1st 6s "44. Ore Sh L 55’46 gtd llB% ll!% HB'Q 104 104 Ore WRR&N 45’61 104 Pac R R Mo 2d 5s'38. Pac Pub Ser 5336 99% 107% 35% 3% 99% 99%, 107 107 Par-Pbx 6%s ‘G0 filed Parmelee 65 ‘44 Pathe Exch 7s°37. Penn Dixie C 6s '41, Penn O & D4%s'77.. 105 104% 104% PennO&D4%s’81.. 105 105 105 Penn RR 4%s°81 108% 103% 103% 1037 103% 103% 106% 10614 106% 70. 94 92% 92 105% 105% 105% 106 106 106 113% 113% 113% 3 104% 104% 1047 Penn P& L 4%s '81.. 103% 103% 10315 Peo G Lt&C rf 63 '47. 104% 104% 104% Peo G Lt&C 68 '43.... 113% 1134 113% Pere Marg 1st &s ‘5 9% 9% T9% Phila B&EW 43%8'81.. 110 109% 109% Phila Co 55 '67. Phila El Co 4% 103% 103% PennRR 4%s’63. Penn R R 5864, 1024 102% 102% '43. 108% 108 108 DA.. 109% 1095 109% 114% 114% 114% 56 55 55% 56 102 102 46'5 46 45% 44 45 Pressed Stl C §i 43 43 43 PubSEl &G 4s'71... 107% 107% 107% PubSEI&G4%s'67 108 108 108 7..000102 102 102 88% Port Gen El 435 '60. Port Gen E 41, 560: Port Gen Ell1st 5 Porto Rico A T 6s'42. 3. 2% . 88% 88l Reading JerC4s’51.. 99% 99 99 Reading R 4%8'97 A. 106% 106% 106% Rem-Rd 6%8°47TAww 102% 102% 102% Rep I&Stl548°53 A, 96% 961 4 Oft 26 26 Richfield O 26 RGWistexinds’'3) 68 67% 68 RochG&E 53’62 E.. 108% 108% 108% » D. €, THURSDAY, MARCH 7, 1935 BONDS ON NEW YORK STOCK EXCHAN?E'B[[ARIN[;SM[]UN] INCREASE SHOW zu RIA&L1Ist4%s'34 Rutland Can 4s'49... u St JoLead 534s5°41... 108 108 108 St Jo Ry L T&P 100% 100% l.fl'& St Law & Ad 6s " 80% St L IM&S R&G 4533 61 StL-SF4s'50 A. StL-SF 4-'[0 A etf, 10 34 41% 4l 101% 101's 108 107% 117% 117% 107 107 14% 14% 2% 2% 6 bla 4% 4% 84 83y 83 - 10415 1045 104% i 3 103 SIPM&MTI'ac ex St P.M&M ext 68 '43. St P U Dep ref 6s'72. San An Pb S 6552 AL Seahd A L 4550 std. . Seabd A Liadj i8'49,, Seabd AL 6s 'l-’l A Seabd A L 6 2% Silesian Am Sinc Con O 7. Skelly Oil 6158 ‘39 So Bell T & T 6841 So Pac col 4349 So Pae ref 4s'55. 102 110% 66% 101% 09 65% 9 6074 77 104 43 97 57 59 S0 Pac Ore 4%s So Pac S F Ter 45 '50. So Rygen 45’66 A So Ry bs "9 92 110% 104 15 Southw Bell T 53 '54. . Stand OiI N Y 4348’51 Stevens Hotel 65 * Studebaker 6s '42.. Studebaker 6s '43 ef; 110% 104% 15'3 368, 3T 374 57 98% 104 S0% 104% 87 Tenn Cent 63 ‘47 Tenn EIPwr 6s " Term As St L 48'53.. Texarkana 6% Tex Corp cv Tex & Pac §s'77 B, Tex & Pac58'79C...: Tex & Pac 5580 D. . . Tex & Pac 1st 55 2000 Tex & P MPT 51;,8'64. Third Av ref 4s°60... Third A ad In ex 5s'60 Tol & Oh C 15t 5: Truax TC6lzs’ Trumbull Stl 6 57% 9Kty 9 104 104 91 907 10413 104% 87 86% 86 85 514 118 97 55t 25'% 85 118 97 B5% 25% 100% 80 101% 104% 118% 110% 103 10614 105 ‘4 Un O Cal 5545 re ww UnOCalés’42A. Un Pac 1st 43°47. Un Pac 45 '68. Un Pac 1st rf 48 2008, Un Pac 4145 '67. 105'3 1051 » 104 3 U S Rubber 5s ‘47 Utah L & T bs "44 Utah P& L 5s 44, Util P& L 585 Ul P&L5Y% 95 Vanadium cv §s '41.. Ver Sug 1st 7s'42 cfs. VaEl&Pecvbips 42., Va Ry 4% Va Ry 1st 5s Vas W con “ lbuh 4338°78, h 5s 80 D-.. n-m-n ist Wabash 2d 5s u' Wabash 533875 Walworth 6545 A. Warner Bros cv 65 '39 Warner Sug 1st 7s '41 Westchester Lt 5s ‘30 WPaPlstis'46 A.. W PaPlst5s'63 E W Pa P 18t 53°56 G W Sh 1st 4s 2361 gtd. W Sh 1st 45 2361 reg. “ West'n E1 deb 53 °44. . 106 West'n Md ist 4s°52, 93y West'n Md 5%8°77... 98% West'nNY&P gn 45’43 105 West'nNY&P 1st55°37 106% West Pacbs 46 A.... 31%; West'n Pac 5s'46A as 31 West'n Un 42%45°50... 864 West'n Un col tr 55'38 102 West'n Un 55 '51. West'n Jn 5560, West'n Un 628 36. Wheel St 4148°53... Wheel Stl 5 W SpStlconTs '35 ct Wilson&Co 18t 65 "41. WisC 1st gen 45 '49. . 118% 1107 1183 1% 102 89 86 1015 94 102 8% 1093, Youngtn S&T 68’10 B 95 Youngtn S&T 55’78 A 94%. 9 ua, 9% [es SECURITY BORROWINGS INCREASE MODERATELY By the Assoclated Press Continued liquidation of loans by banks against securities to customers other than brokers is indicated in the weekly report of member banks in leading cities to the Federal Re- serve Board. However, an increase in brokers’ loans in the final week of February more than offset a decline in security loans to “others,” accounting for a moderate increase in total security | borrowings. Comparative figures on aggregate loans against securities by reporting banks in 91 cities follow: Week ended February 27. Preceqing week Same ‘week last year ' 0,000,000 MANUFACTURING PACE 4% l FINANCYAL s A y7 Review Stresses Huge Public Stake T0 NEW 1985 PEAK N FOREIG TRADE| 1 i Fiems Total of $5,947,995,000 Exceeds Year Ago by 13.3 Per Cent. By the Associated Press. NEW YORK, March 7.—Bank clear- ings were the highest so far this yeer. The total for the 22 leading eitles in the United States for the week ended Wednesday, March 6, as reported by Dun & Bradstreet, Inc., was $5947,- 995,000, against $5,248,767,000 for the 2| same week of last year, an increase of 13.3 per cent. This contrasted with a gain of 8 per cent in the previous week. At New York City clearings were $4,101,- 231,000, an increase of 10.5 ver cent |over the amount reparted last year, 607 | While the aggregate for centers outside 1064 | 813 | Am Tot Sk | ewtehei . | security Dealers of New York of $1,846,764,000 was 20.2 per cent higher. Clearings both this year and last cover the heavier monthly settlements incident to the first week of the month. The total for the week was in excess of that for the five-day week preceding by $1,328,043000, whereas for the same two weeks of last year 361, | the increase amounted to only $982,- | ! week in over two years has the total 983,000. Clearings were especially heavy at most of the outside centers. For no for the cities outside of New York been so high as that reported the nast week. The gains were especially large at Philadelphia, Pittsburgh, Chi- cago, Detroit, Cincinnati, Richmond, Atlanta, Dallas, St. Louis, Kansas City and Portland. Figures at leading centers, showing increases and decreases as compared with those of a year ago, are printed herewith; also daily bank clearings for each month this year: (Totals in thousands) Bost. Philacelphiia” Buffalo Pittshurgh’ Cleveland San Prancisco Portiand. € Ore attle .. Total ail DIVIDENDS ANNOUNCED NEW YORK. March 7 - clared (prepared by the St ties Corp ): idends de- rd Statis- Extra. Pe- Stock of Pay- Rate riod. record. fble. e 1 u«\ Dnu Fr» Ins Sparta Pdry ... Sparta Pdry., Dejay Stores & Landed Bnkz & Ln.$] 1 Reduced. Guaranty Trust N Y., $3 dware. % Asso Bul (c'"'fl' i El Auto-Lite Evans Prod Ferro Enam Int Coal & Co n Corp. .. National Cancy ist pi. 5 00000° ' OODO>D Taslor Milling Gon Trico Products United States Gypsian o. Univ Leaf Tob pf. Vaive Bag Co pf 7 00OOOOOOODOD: - POD NEW YORK BANK STOCKS NEW YORK. March 7 (P.—New York Association: ms as of % o'clock.) Aot (Quotati Bank of Man Bankers Tr Brookivn Tr (%) Cen Han Bk (112) FASTER IN JANUARY | By the Associated Press NEW YORK. March 7.—Manufac- turing activity in Januar: ured by man-hours worked, was 9.3 per cent higher than in December, the fourth successive monthly gain, says the monthly survey of the Na- tional Industrial Conference Board. The gain, according to the survey, was due to an increase of 4.9 per cent in the number of workers em- ployed and an advance of 4 per cent 1n hours worked. —_— U. S. TREASURY NOTES. (Keported by Cbas D. Barney & Co.) Sate—Matustty 9Ty 9Ty 97i4 | BateMe s 2% 1314 | 3, RUBBER FUTURES. NEW YORK. March 7 (G : Ber_ futures_opened eas B T ower Il Fl;ll rch H5Sa11 07 Geptember. Market Averages Compiled by the Associated Press. STOCKS. !nd K'.RI" “l Net_ change. -" w s'“"1 p.m. z2 "23233223) Canonn =125 n Sristestomisn ::z,:z:az"t g B 2 w . W high 101 a Low-Yield First Boston, Corp (13} First Natl *Including ex FEDERAL LAND BANKS NEW YORK. March 7 (P.—Federal Land Bank bonds: (Noon quotations.) 101% 103315 1013 U. S. TREASURY POSITION. By the Associated Press. 5 was: lurex 171 8¢ monith, Rece( .145.307.79 (lncluds’engdiu:e(;l: 02 1 expendi! of emergency o o gold assets, SR.i Receipts ' for Mnrch 5. able date last, vear m'nggms Tor the hscai vear 784 857 .R4: exnendnuru 11152 including $2474.083 5] ex meTees SP3AdOhT 4308 sets. $7.504.641.749.65. NEW YORK PRODUCE. NEW YORK, March 7 (».—Eggs, 2 : firmer: mixed colors. speci ks or selecllmu from Iresh receipts. pdas ercial { ex- ®old as- ‘onds, ; 214 anm;-. unds, average checks, s?grn%e BICKPd firsts, 2 1, Bista = Ugtee: dy: creamery. higher Butter. ‘easy: prices un- "“”“‘ all freight srades boultry steady:® nnch-nnd e ENAMELING TRADE DROPS. NEW YORK, March 7 (#).—A. J. Kieckhefer, president of the National Enameling & Stamping Co., said to- day his company's business was not as good as it was in the correspond- ing 1934 period and that prices were less satisfactory. | l Both Exports and Imports for January Ahead of December Totals. By the Associated Press. Both American exports and imports were shown by Department of Com- merce figures today to have increased in January over December. Exports were 3 per cent higher in January. It was said usually there 15 a decline of 4 per cent between the two months. Imports, which had fallen off more than seasonally in December, ad- vanced 26 per cent. The excess of exports over imports, the so-called favorable trade balance, totaled $9,217,000 in January in com- parison with $38,421,000 in December and $36,515,000 in January, 1934. Exports were valued at $176,223,000 in January, compared with $170,673,- 000 in December and $172,220,000 in January, 1934. Imports aggregated $167,006,000 in comparison with $132,252,000 in De- cember and $135,706,000 in January, 1934. The export gain during January resulted largely from an inerease in shipments of automobiles and leaf to- | bacco, although larger exports of lubricating oil, gasoline, automobile tires, fur skins and lard added to the | total. “In the comparison of the statistics for January, 1935, with those for the same month of 1934,” the Commerce Department said, “there appears further evidence of the trend toward | expansion in exports of manufactured | articles and shrinkage in exports of | agricultural products. “Total finished manufactured ex- ports, valued at $74,297,000 in January, | 1935, were 42.8 per cent of the total export trade this year, whereas, a year | ago the corresponding percentage was 36.2 per cent.” A large proportion of commodities shared in the expansion in import | trade during January. Poodstuff im- ports increased most, although im- | ports of many other commodities in- creased substantially. Total exports for the seven months 1934. were $958,213,000, $993,173,000. SECRECY TO MARK compared with Tend to Upset Trading on Futures Markets. Special Dispatch to The Star. NEW YORK, March 7.—The world copper curtailment conference, which officially meets here for the first time tomorrow, is closely guarding its meeting places to prevent leakage of information which might tend to up- set futures trading in New York. tion to spot copper prices here of 9 cents a pound. which have been set by the N. R. A, though they cede that Europenn sales below tmz price in the last eight months cost them more than $3.500.000. Their interest is in world prices, which re- flect statistics and news affecting demand and supply. ing the lead of London trading. (Copyright. 1935.) MOUNT VERNON MILLS REPORTS LOWER NET Special Dispatch to The Star. come of the Mount Vernon-Woodberry Mills, Inc.. for the vear 1934, was $413,990, after interest and deprecia- tion, equal to about $6.57 on the pre- ferred stock of the company, the an- nual statement made public yesterday reveals. This compares with net income in the previous year of $464.951, or ap- proximately $7.21 earned per share on the preferred stock. Net income before depreciation, in- | terest and charges for 1934 was $764,~ 422 against $821,983 for 1933. Current assets as of December 31, 1934, stood at $3.903,183 and current liabilities at $597,77 CHICAGO PRODUCE. CHICAGO. March 7 (P.—Butter, 6,117: v, creamery. specials (93 score), i exiras (02). 2l standards Bltter sales. 1°car — ;‘:ls 1% receipts, 201 storage packed storage packed extra 3 cars fresh graded firsts, current receipts, 20’ Potatoes. 58: k. 246: total United Old stock steady demand and_trading \vncomm Round Whites. U. §, No. . 8. tommpmll grade. 72! U. 8. . verv few : U s commm-ml grade. 1. States shipments. «;mnhei moderate: slow ets. No. Suppties modirates practically 6 demmand or trading. Poultry,” live. 19 trucks Chickens firm mo; hens _about 5 all, 17 seese, 2 15: capol pounds. 23. PO 100 TONS OF LEAD SOLD. NEW YORK, March 7 (#).—The St. Joseph Lead Co. reports that 100 '~ |tons of pig lead was sold yesterday at $340 per hundred pounds. st. Louis. NEW YORK BAB SILVER. NEW YORK, March 7 (#)—Bar silver firm, % higher at 58%. LET YOUR MONE ending January, 1935, were $1273,-| 571,000, compared with $1,177,886,000 | for the seven months ended January, | Imports for the same seven months | COPPER SESSIONS Leakage of Information ljghtl London and | ew stock steadv. | Special Dispateh to The Star. NEW YORK, March 7.—Many leaders in the financtal district are discussing some interesting facts brought out by the Standard Oil Co. of New Jersey in a publication direct- ing attention to the Ra; bill, which would regulate all public utility holding companies, and eventually abolish them, and separate ofl from its twin, natural gas. “The corporation is not something apart from the average man,” the oil company observes. “The people who own its stocks and bonds cannot be separated from those who have only secondary interest in such securities. “Nearly everybody has a stake in a corporation; if not directly, then in- directly, because provident pcople carry insurance, and insurance companies have funds invested in corporations. Charitable agencies depend to a large extent upon dividends and interest payments from securities given them. “The moral is that the proper test for corporation legislation should be the same as for other proposals affect- ing the public interest. Is it good legislation in itself, uninfluenced by a wish to help one group at the expense of another?” (Copyright. 1935.) NET DEMAND DEPOSITS CLIMB TO NEW PEAK By the Associated Press. Net demand deposits of member | banks reporting to the Pederal Re- serve Board have climbed to & new peak for the year. A decline in gold imports promises to slow down ex- pansion in deposits in the absence of active demand for credit. Comparative figures on total de- mand deposits covering reporting in. mtuucm in 91 leadi g cmes {oflar ded Pebruary en r":!dmx week Same week last_ye: We ha funds Trast Loans‘en Rl et '“.' 38 BRADLEY, BEALL & HOWARD | Phene Na. 0271 Southern Bidg. Established Over 35 Years "STEWED SNAPPING TURTLE (Simce 1838) P 1107 Connecticut Avenue Annuity Rates Going Up We have made no change in our annuity rates and for a short time we will accept limited amounts of cash for the purchase of anDuities with the same rate of return 'nu-n has been eflec‘"e in the past will ‘Drobably be. your last Sppers Tunity o get such a laree veryrn from this type of investment. We will be glad to fur- |} nish detailed information without obligation. Vernon W. Holleman, Gen. Agt. Home Life Insyrance’ Company of ¥ 332 Shereham Building Telephone Metropolitan 1030 The conferees are paying no atten- | [ DIRECTORY COMMODITY BROKERS COTTO! Member N._Y. Cauan Laiclaw & Co. Copper has been fairly active and | lower here the last few days, follow- | BALTIMORE, March 7—Net in- | Guaranteeing. Satisfaction Vertical Folders For “heavy correspond- ence” equip your files with vertical folders. 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