Evening Star Newspaper, April 1, 1935, Page 15

FINANCIAL. SECONDARY RAIL 'BONDS MOVE UP Other\Corporates Steady. Federal Issues Firm and More Active. By the Associated Press. NEW YORK, April 1.—Secondary railroad bonds bounded up vigorously on the bond market today. Other divisions of the corporate list were steady and U. S. Government became more active in late transac- tions and gains of 2-32ds and 7-32ds were well distributed. Among issues selling 1 to 2 points higher were Baltimore & Ohio 4!:s at 41%, Erie 5s at 53!, Nickel Plate 1115011 48% and Southern Railway 4s atA‘fl'{ong utility issues selling higher were Columbia Gas 5s and Western Union 5s. The foreign section was extremely active. Recently depressed bonds of Poland, Austria and France were in demand st 1 to 2 points net higher. NEW YORK BANK STOCKS IMPROVE AFTER DROP @pecial Dispatch to The Star. NEW YORK, April 1—New York City bank stocks declined !prther to a new low for 1935 on March 28, the aggregate value of 16 leading issues, according to records compiled by Hoit, Rose & Troster, amounting to $1,235,476,000. There was a slight rally at the close of the week, however, the aggre- gate value increasing to $1,248,114,000, compared with $1,259,855,000 on March 22, a decrease for the week of $11,741,000, or 0.93 per cent. The current average yield of the | 16 issues of 5.67 per cent compares | with a yield of 562 per cent on, March 22. The current market value is now 1.02 times the known book value. Waslungton Exchange! SALES. AFTER CALL. Potomac Electric 5% pfd—4 at 115%. 6 at 115%. Capital Traction 55—$500 at 99. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Tel, & Tel 4%s AeTraca e col. Asked & el Cosital Traction & City ~ Suburban 5s.. Geurumwn Oax lst 5s. . Elec. Cons. 5! MISCELLANEOUS Bll’b!l’ & Ross, IDC 5’1: B Chevy Chase Club Col. Cnumu Cflubfibl % M. Cold Storage STOCKS. PUBLIC UTILITY. Tel. & Tel. (9) ’%Txifiu Transit Co. (1 ( i 1*: Steamboat (6) NA‘noNAL BANK. 92 Capital (4) Liberty Lincoln 8). pfd Wemnineion it TRUST COMPANY. Amer. Sec. & Tr. Co_(8)...°104 National Savings & Trust.. 100 Wash. Loan & Tr. (8). .... 185 SAVINGS BANK. Com. & Savinss (6).. . 150 FIRE INSURANCE. American (12).. 5 s 160y, National Union (.60).. TITLE IN’!!TRANCE Columbla (.30). Real Estate (6. HIWNEQUS Cnne\ Corp. (1) . B poper Mie. i Broma-se mmmnmr fix’a’& '4; les Drug St. D!yup « & G pfd. V\uwa Lam IEs Siviaena. 125¢ extra. — U. S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Rate—Maturity, s June 15. 193 CHICAGO LIVE STOCK. CHICAGO. April 1 ® U. Agriculture) .—Hogs, 13,000, 6.000 direct; moflerllcly steady with Tiday 9,00a10: top. 9.10; 250-375 0- Mn pounds. 8 sood packing sows. . d and choice, 1 Hight 160 medium weight. 107 heavy weight. 250- ;. packing sows, 50 pounds, 7.50a good and choice. 100-140 PO Gattie. 1"tmn calves. 2.000; better lude steers’ and yearlings fulh steady: others siow. mostly steady: ness on inbetween xn\de igh! Reifers steady to "sirons: bulls Slendy ¢ choice 1.209-1 8. Dept. of including ive. fully pounds. 25a9.00; weight pounds. medum llnd good. ue:mnn 7.00; 3 excluded). cunul, common an: vealers. ead:r Cattie: N 050 Dcund,s 5088.55; common and 5 by e . O T0.000¢ fairly active: around wm. Priday's average on most kill- ; lamb q\u‘;ity ngl Dercullfl’ o e Cwes. 4008, Slaughter sheep and lambs: lebs 90 pounds down, d choi 0a8.35; common and B 9 pounds. good a5 good_and Chioice, 3.0085.50: all pounds. ane C 0] u 8 al weights, common_and medium. 3.00a4.50; fee Lllol bs, 50-75 pounds. good and choce, B imated receipts tomorrow: Cattle, 6.000; hogs. .11.000; sheep, 13,000. S e e R MONTREAL SILVER. A A4 B S TOBACCO SALES INCREASE. BALTIMORE, April 1 (Special).— Both receipts and sales of Maryland leaf tobacco increased last week, the former totaling 333 hogsheads and stock in State tobacco warehouses of 20.422 hogsheads. Most. of the sales vere of medium and common grades. b ) By private wln direct to The Star. Ll B ERTY. High. Low. 2:55. l*l 1932 ('l..... 10114 10113 10113 t cv 4%8 32-47, 10119 10116 10118 llh 4%s m:-u. 10224 10223 10223 4th 4% s 33-38 reg 10222 10221 10221 THE EVENING STAR, WASHINGTON, D. C, MONDAY, APRIU T, 1935. BONDS ON NEW YORK STOCK EXCHANGES[[]WERPA[;ESH BOND AVERAGES Complled by the Assoclated Press. 4th 4% 33.38 3d called.. 100 3 100 3 100 3 4th 4% s 33-38 3d called reg. . 100 TREASURY. .10110 101 7 10316 10313 eess 10317 10312 10416 10410 10415 10412 10716 10715 10512 10510 107 6107 6 27%81955-60. 3%!1909 -62 3%s1941.. 3%51944-46 3335 1040-43 Teg 3%s5 194143 3%51943-47 March reg. 107 7 107 7 10625 10620 10918 10918 111 4 111 4 10516 10513 947-52..... 11525 11525 FEDERAL FARM MORTGAGE. 10128 10125 10128 0123 10121 10121 HOME OWNERS' LOAN. +. 100 6100 4100 5 10124 10120 10121 2% s 1939-49. 3s1952. 48 1951, 101 Abitibi Pa&Pw 63 ‘63. akershus 68 '63...... Antioquia 7s 45 A... Antioquia 24 755 Argentine 5%s ‘62, Argentine 6s°57 A. "Bt Argentine 6s ‘69 June Argentine 6s ‘59 Oct. . Argentine 6s ‘60 May. Argentine 6s ‘60 Sept. Argentine 6s'60 Oct. . Argentine 6s ‘61 Febr Argentine 6s '61 Ma; Australia 434s ‘66 Australia §s ‘56 Australia 6s ‘57 Austrian 7s ‘43 Austrian 78’57 Belgium 6s ‘55 | Belgium 6%s Belgium 7s'55. Belgium 7s '56. Berlin 635 '50 Berlin Elec 6 Berlin Elec 6s Berlin Elec 6145 59 Bolivia 7s Brazil 63 | Brazil 634 Brazil 78'52. Brazil 8s ‘41 Brisbane 6s Brisbane s Brisbane 5s '58.. Budapest 6s '62 unmat cou on. . BuenosA Cy 6s'60 Ap Buenos A 65 '61 st Pv BuenosA Cy 6%8°55.. Bulgaria 7s '67 July coupon off. . Canada bs ‘6! . Cauca Valley 7%s "G Chile 63 '60. Chile 6s ‘61 Jan Chile 6s'61 Febr. Chile 6561 Sept. Chile 6363, Chile 75 '42.. Chile Mtg Bk 6s '61.., Chile Mtg Bk 65 '62... Chilean Mtg L 7s '60. Chinese Gv Ry 5s '51. Colombia 6s "61 Jan.. Colombia 6s ‘61 Oct Copenhagen 4348 '63. Copenhagen 58 '62. Cuba 5s 1914-49. Cuba 53%s°45. . Czechoslovakia 8s ‘51 Czechoslovalia 85’52 —_——— Denmark 4% | Denmark 5%s ‘65 Denmark 6s 42 Dominic 1st 5%s *42. Dresden sf 7s *45 Finland 6s°45. Finland 618 °5 French Gov 7%s Ger C Bk A 65 '60July Ger CBK A 75°50.... Ger Prov & City Bk con Ag 63s ‘58 | Ger Gen EI 6s ‘48 Ger Gen El 63%s Ger Gov 6335 65. Rep 7s°49. Great Br&Ir 5 Greek Gov 65 '68. ... Haitl 6s°52. Hamburg ht 346, . Hansa SS 6s'39 ww. . —_————— Ilseder Steel 63 '48 Karstadt 6s Kreu&Toll 58'59A ctl Low Aus HE 61844 Medellin 6% s 54 Milan 6%s'52. Minas Gers 63%s'58 Sept coupon off. . New So Wales 5s'57. | New So Wales 68 '58. Nord Rys 6%s '50. Norway 6s '63... Norway 6%s ‘6l Norway 6s ‘52 Norw Hy El 5% Nuremberg 6s 52 | 0slo G & E 5563 Oriental De Panama §s Paris Orl Ry 5%5 68 Paulista Ry 7s 42 Prussia 6% — Queesland 7s 41 Rhine W El P §s°'62., i| Rhine W EI P 6s '53.. Rhine W El P 63'55.. Rhine W E1 P 7s '50.. Rio de Jan 6%s ‘63 Aug coupon oft.. Rio Gr do Sul 6s 68 June coupop Rio GrdoSul 78" May coupon off.. Rome 638 '52. .. Rotterdam 6s '64 d Sanu F Arg 7842 stp d | Sao Paulo St 78 '40... Sao Paulo St 7s '56 Sept coupon off.. Saxon Pb W 6148 '51. Saxon Pb W 78°45... Serbs 7862 unm ¢ on. Serbs 7562 Nov c on. Serbs 8s'62 unmcon. Serbs 8s '62 Nov con. Slemens & H 635 '51. Stlesia Prov 7s ‘58. Sydney 5%s'55...... —_— Taiwan £l 6% Tolima 7s ‘47 Trondhjem 63 Warsaw 7s ‘68 Westphal E1 P Yokohama 6s°61..... DOMESTIC BONDS. the latter 213 hogsheads, leaving & | Alb & Sus 3%#°¢6 gtd 100% 100 100% Alb Per W P Alleg Corp §s ‘44 Alleg Corp 6849, 100 100 FOREIGN BONDS. High. 29% . 3% 100% 68 39 106% 102% 176 33% 404y 3914 100 101 9 10316 10317 10416 10415 10716 10512 107 6. 107 7 10625 10918 111 4 10516 11525 31 100 2:55 29% 90% T T 86% 9214 92% Low. 29% 7| AnD A 1st ex in 48 96l 85'/& 100 100% 68 68 3 39 106% 106% 102% 102% 175 176 33% 40% 33% 40% 391 46Y% 46% 28 38 115% | 28% ®3% 27% 40% 39%, 46k 39 81% 66 93 42 30 Net change ... ‘Today, 1 p.m. Previous day Month ago Year ago 1935 high 1935 low .. 193¢ high 1934 low ....... 1932 low 1928 high . 20 Rails. +.3 76.8 76.5 82.6 86.4 878 10 Indust. Unch, 928 92.8 94.5 86.1 95.9 922 92.9 3.7 40.0 1011 98.9 10 Low-Yield Bonds. ‘Today, 1 pm. Month ago 1935 high . 1934 high . 1928 high . 108.! 110.; 1103 108.3 104.4 High. Low. 2:55. W% 9 ] « 106% 106% 106% - 100% 100% 100% 102 102 102 Alleg Corp 58 '50 stp. Alleg Valley 4s 42, Allis Chalm bs ‘37 Am Chain 6s '38 Am & For Pw b Am1GChb% Am Intl %849, Am Roll M 6s '3 . Am Smelt & R 6s°47. 103% 103% 103% AmT& T 4%s°39... 107% 107% 107% Am T &T cl tr bs 46.. 109% 109% 109% Am T & T deb 68 '60.. 112% 1124 112% Am 1 & T deb 08 '65.. 112% 112% 112% AmT&T6%s ¢3... 113 113 113 90 90 0% 71 20% 20% 20% 9 9 9 . 4% Armour& Co 4%s '39. 103% 10314 103% Arm of Del 6%s '43.. 105% 105% 105% AT&S Fe 4s’05-56.. 101 100 101 A T&S Fead 4s'95 st. 103% 103 103 A T&S Fegn ¢s°'96... 107% 107 107% A T&S Fe 4%s°48. ... 104% 104% 104% A T&SFRMt div4s'65. 103% 103% 103% Atl &Ch A L 4%s'44. 103% 103% 103% Atl&Ch ALGs 44.,. 106% 105 105% AtlCoast L clt 45'62. 70% 691 69% AtlCoast L 1st 4s'62, 93% 93 93% AtiCLun4%s'64... 80 80 80 Atl Refindeb 68 °37.. 107% 107% 107% 96% 96 Am Writ P 6547 Anglo-Ch Nitr 7 B&O1st s 55% 664 941y % 104 104 104 105 117% 117% 121% 121% 110 110% i 103% 103% 60 60 6214 6415 62 63 28% 28% B & O Toledo 4s ‘69 Bang & Aroos 4s ‘51. Bell T of Pa Beneficial L 6s 46 Beth Stl pm 6s '3 Bos& Me 4%s'61J Bos& i Bos &gMe 65 '67 Bos& NYALW BklynCy R R 5s°41.. 911 Bkiyn Edis 5352 E.. 109% 106% 106% 106 106 110 110 111% 111% 105 105 41 41 58 5% 102% 102% 103 103 111% 111% 104 104 1118 111% 109% 109% 1037 103% 4 113% 113% 113% 113% 116% 116% 123 123 106% 106% 81y 82% 100% 100% Bklyn Un EI 6s°'60.., 106 Bklyn Un G 58'57 B.. 1104 BuftG E4%s'81B,.. Buff R & P 6s'37 Bush Term cn 58 '56.., Bush T Bldgs 55 ’60. . Calif Pet 55 ‘33 3 Calif Pet db 5183 Can'dian Nt R 434551 Can'dian Nt R 43854 1 Can'dian Nt R 434966 Candian Nt R 4% Can'dian Nt R 435 68 Can'dian Ry 4%s '55. Can‘dian Nt 65'69July Can'dian Nt 65'690ct. Can'dian Nr db61s'46 Can‘'dian Nr db 7540 Can‘dian Po db4sperp Can'dian Pc 4%s '46.. Can'dian Pc 4338 '60. . 3% | Can'dian Po 65 '44 cfs Can'dian Po 5s°64.... CaroCl&O6s'62A.. Cent Br U Pac 4s '48. Cent Dis Tel s ‘43 Centof Garf 618'59. Cent N Eng 4s 61.... Centof NJ 4s 87.... Cent of N J gen 6s '87 Cent Pac 1st rf 4549, Cent Pac 55 '60 - Cert'd deb6%s '48... Chesap Cp cv ci b8 44 Chesap Corp 6s°47... C& U gen 4%s ‘92, C&O4%8 93 A, C&O4%s 9% C&Oconbs'3 Chi & Alt ref 3s " ChiB&Qgen 48’58, Chi B& Qref 68 71.. Chi B&QL div 3%8°49 Chi & E [11 65 '51 Chi & Erie 1st 58 Chi Grt W 4s 69, CM&SLP 4589, CM&StP gn 418 CM&StP 4148 '8 E. CM&StP 4% CMStP&P6 CMStP&P ad) bs 3000 Ch1& NW gn 3%s '87. Chi & NW ¢35 2037C Ch1& NW 4%5'49... Chi & NW gn 65 '87.. Pri4s’s: rt 88... 'sx ctfs.. %8 canao L LE T ERREREPRER vm'“"”fl’d’v".l 4 4 4 4 1 S 1 ne 5s°60... 15% n a a 6%s'63C, 111% Chi & W 1 con 48°'62.. 96% Chi & W 1 53456 104% Chile Cop deb 5s '47.. Cin Gas El 4568 A... 106% Cin Un Ter 68'57C.. 3 CCC&StL gen §s°93. . CCC&StLrt 4% &'77E. 51% Clev Short L 4348 '61. 10112 Clev Un Ter 4%8°77. 82 Clev Un Ter 5873 B. 87% ClevUTer6%8'12 A 95% Colon Oi1 6s'38...... 47 Colo Ind el tr 6s°34... 224 Col& Sorf4%s'35... 99 Col& Sou ¢33s'80asst. 567 Columbia G & E deb 5s'52 April. . Columbia G & B 55’52 May 9% Columbia G&E 6s'61. 79% 781 784 Col RP L 1st 4%8°'67 1056 105 105 ColRPL6%s ¢ 111% 1117% 111% Con Coal Md rf bs 37% 3T% 3T% Con Coal Md 68’60 cfs 37% 37% 3Tl Con Gas N Y 4%8°51. 104% 104} 104% Con Gas N ¥ 68’57 105 104% 104% ConGNYdbbs% . 106% 106 106% Consumers Pwr 6862 108 107% 107 Container deb 58'43.. 87 86% Contatner 6s 46, aaaaa oL T g e espaared = 22% 564 567 9% 79% 9% 79 9 | Crown Will P 6: Cuba R R 1st bs '62 Cuba R R ref 1% Cuba Nor R Cubun 23% 6% 5% 13 109% 109% 109% 107% 107 107 109% 109% 109% 105% 105% 105% 1131 113% 113% 105 104% 104% 9% 8% 9% 98% 98 98 72 1% 53% 53% 53% 53% 86% 86% 86% 9L 10 Den &R G rf 6878 Det Edison 4 % Det Edison rf Det Edison b Dugqu Lt —_— East Cuba 8 7% 37. Erie ¢s'96. Erie gen Erie rf 6867 Erie rf 6575 o b Fed Lt & Tr in Fed Lt & Tr Fed Lt & 'l‘l‘ 6 IZ Fla BEC Ry Fla ECRY 6! '1| cfs. —_— Gannett §s 43 . 103% 91 91 Th T 95% 108% Goody'’rT& R b8 57, 104% 104% IN% Gr Tr'k of Can 68 ‘36. 1063 106% 1 105% 105% Mlu 9% 97 9Th GtN BI-Q'AI'IOD L] Previous day Year ago .. 1935 low 1934 low 1932 low .. Hudson Ceal 68 Hud & Man inc 6s '67. Hud & Man ref 63 °57. 111 Bell Te:! 111 Cent 4% 1CCStLNO 4% ICC&StLNOG I11 Steel deb 4 %3 '40.. Inlaid Stl 4%s ‘31 B.. Interlake 5851 Int R T 1st rf 6. IntR T 6s'32.. Int Mer Mar Int Pap ref 6s 66 Int Rysof C A 6s'73. IntT&Tevelhs'sy. Int Tel & Tel 43853 Int Tel & Tel 68 ‘66 Inv Equity §3'47 A InvEq6s 48 Bx KanCFS&M ¢s 'll. Loew's 6341 Lorrillard La & Ark b L & N unif 4s ¢ U&N L& NG6s2003 B. L&Nrt L&N McK e Manhat R 48°90: Manhat R 4s'90 Marion St Sh 6: Market St Ry 7840 A Mead Co 65’45 Met Ed 1strf ¢ Midvale S&O 6 MIUER&SLGs MIIER&SLrf MStP&SSM cn MStP&SSM bs MStP&SSM 5%8°49.. Mo 11 58°59. MoK & T ad) bs Mo Pac 48 °76. Mo Pac 6s'65 A. Mo Pac6s'77 F. 0 H Mob & Oh 5s°38. Mont Cent 6s 37 Mont Pwr ref 5s '43. | Momt Tram bs '41 Mont Tram 5s '55 Mor & Esx T3s 2000 5 Mor & Esx §s '56 Murray Body 6% NashC&StL4s Nassau E] 4s ‘51 gtd.. Nat Dairy 6 43... Nat Steel b3 New E T&T 4% New E T&T 1s New J P&L ¢3%48°60.. NewOr PSb6s'52A.. New Or GNR6s'83 A. New Or T&M 438 '56 N Y Cent 3345'97.... N Y Cent 31.s°97 reg. N Y Cent ¢s'42 N Y Cent con 4 N YCentrf4% 2013 xl: Y Cent rf4%s2013n N Y Cent deb 6 N Y Centev 6s NYCLSh3%s % NYC&StL 1st 4537, NYC&StL 4%s 78 NYC&StL 1st §s " N Y Conn 1st 438 53, N Y Dock1stds’s1. Edison 6s°'44 B. Edison 68'51C... Edisref 6%s 41, G G NYNH&H‘I 5 NYNH& H 4s'67... N'Y O&W gen 48 '55.. Y & Putnam 4s 93, nZ2222222 Norf&W PC&C 4i North Am Co 6 North Am Ed b North Am Ed 53863 Nor’'n Pac gen 3s 2047 Nor'n Pac 48 '97..... Nor'n Pac 45 '97 rg. Nor'n Pac 4%s 2047, 20% 89% 90% 37 321% 86 32% 86% 10!&. 105% 46% 50% 5414 108% 0 1 4%s8 2003 C.... 1 101% 103% ol 89% 30 100% 92 52% 652 103% 106 117% 120% 100% 117 101% - 49 5 106% 62 1 109% 113% 75 9% 106 106 111% 111 62 62 19 18% 107% 107% 71 0% 105% 106% 112% 112% 107% 107 88% BE% 87% 1% 0% 102 101% 100% 100% 76 5% 91y% 90 106% 106% 108 108 87% 90% 8974 0% 38 32% 86 108% 4 98 63% 49% 59 8% 8574 101% 1034 91 8954 30% 82 18 18% 3 414 4613 64 High. Low. 2:58. 106% 106% 106% 106% 106 106% 3 59 58 59 s’49, 38 37 38 *39.. 104 102% 103% 43, 108 108 108 2 B.. 110% 110% 110% 4%8'77 C.. 104% 104% 104% Pitts&WVa 4%s'59B 52 52 52 Port Gen El 43,5 *60. Phila El Co 43’71 60 59% 41 s Pure Oil 5%8°37., Pure Oil 5348 "40 Purity Bak 53’48 « 101% 101 86 B86% 86 Reading Jer C 97 97 97 Reading R ¢ 7 A. 106% 106% 106% Rem-Rd 5148’47 Axw HD 101 101 Richfleld O 25% 2 25% Richfield O 25% 69 29% 35 StPCtRC6s'37.... St P M&M ext bs 43, San A&A Pass 4843, San An P:SS. ‘52 A, 93% lgi'o 105% Ng% lO!S'A 105\6 105% b% bk 5% 4% 4% 4% 2% 8% 8 103% 1037% 103% 103 102% 103 109 109 109 Sharon S Hb%s Shell Pipe L 63’62 Shell Un Oil 6s Sterra& S F P 68’ SincCon O 6%s'38 B, 104 104 104 Sinc Con O 78°37 A... 102% 102% 102% Skelly O115%8'39.... 101% 101% 101% So Colo Pow és So Pac col 48 So Pac ref ¢s'66 So Pac 4%s'68 So Pac 4%s°69 So Pac 4%s 81 So Pac Ore 4%s'17. So Pac S F Ter 50. So Ry gen 4856 A 102 Studebaker cv “s ‘Tenn EIPwr 6547 A TennC&C6s'44 B Term AsSt L 4% Tex Corpcv 68 4 Tex & Pac 58’77 B Tex & Pac6s'79C.. Tex & P MPT 5%8'64. Third Av ref 4s ‘60 Third A ad in ex 58’ Tol & Oh W div 58 Truax T C 6%8 " 93% 945 110% 10315 79% 9% 934 55 22 101 81 107% 107% 119 119 110 110 100% lOOk 103 88 101 81 Un Pac ¢%8 67, Unit Drug 65'S: U S Rubber 68 ‘4 Univ Pipe & R 65 '36. Utah L&TEs'44 A, Utah P& L 6s'44.. Ut P& L 6859 ww. Ut P&L6%8'47... Vanadiumecv 6s'41.. Ver Sug 1st 4 4 Va EI&P 6% 111% 111% Wabash 1st 58 '39... 893, 89% Wabash 5%s°75 Warner Bros cv Warner Quin 65 '39.. Warner Sug 1st 7s "¢1 Westchester Lt 53 '50 W Pa P 18t 63 ‘66 W Pa P 1st 58 '46 W Sh 1st 48 2361 gtd. West'n El deb 68 '44. . West'n Ma ist ¢3°63 West'n Md 6%8'77... West'nNY&P 1st58'37 West'n Un ¢%s8°60... West'n Un 6s '61 West'n Un bs "60. West'n Un 6%s 36 Wheel Stl 4%48°63... 95 Wilson&Co 18t 6 ‘CI 109 WisCS & Dterds 1045 104% 1188 118% 108% 108% 110% 110% 4% T4 105% 105% | 91y 9Ly | 97 97 106% 1064 Youngtn S&T 68’70 B 91% Youngtn S&T 58’78 A 91% Y1h Ylh GIVEN BROKERAGE POST. 1, | Hemphtll, Noyes & Co. announce the 100% 92 62 103% 103% 106% 106% 117% 120% 120% 9% 106 111 62 18% 107% 70% 105% 11214 107 B8% 7T A 82% 82% 82% 87% T1% 101% 100% 5% 90 106% 108 6 111% 111% 111% PacG& Ebs42 Pac T & T ref Pan Am P C 6s '40 cfs 47 ctfs. . Par-F-La 6347 filed. ’50 ctfs *50, filed Pere Mara 4% [l 643% 64% | Phila Co 5867, 37% 107 111% 35 1 70% 1% 1% 25% 10!% 103% mn 101 100% 104% 35 1% 71 72 72 37% 107 111% 35 103% 101% 100% 105% | appointment of Samuel N. Kirkland | as manager of the stock department of their Philadelphia office, effective April 1. Mr. Kirkland has formerly acted as manager of the Philadelphia associated with the Philadelphia office of Goodbody & Co. | 91% 91% office of White, Weld & Co. and was | NEW YORK, April 1 (Special) — || | | q AT STEEL PLANTS Outlook Is Less Encourag- ing Than It Was Year Ago, Magazine Declares. By the Associated Press. CLEVELAND, April 1—The steel industry’s outlook this week is not so cheerful, the magazine Steel reports. A moderate reduction in steel con- sumption by the automobile industry, sustained demand from farm imple- ment and tin-plate container manu- facturers, and a slight. improvement in structural and railroad buying, present a picture not nearly so en- couraging as the one at the outset of the second quarter last year. Steel works operations dropped another point to 45 per cent last week, w a reduction of 10 points from the peak reached in early February. Despite a rise in automobile as- semblies to 103,000 units, the high- est since September, 1929, Steel says it became apparent that the industry 1s coasting along on parts and mate- rials already acquired. Specifica- tions were in reduced volume, hold-up |, orders were issued by some manufac- turers, thus curtailing sheet and strip mill operations. Youngstown ingot production drop- ped 8 points to 52 per cent; Cleve- land dropped 3 points to 67 per cent; Pittsburgh advanced 3 to 38 per cent, FINANCIAL. while Pittsburgh steel pipe production dropped 10 points to 25 per cent. Wheeling steel ingot production ad- vanced 3 points to 95 per cent, while Buffalo was down 2 points to 35 per cent and other districts remained un Structural awards dropped to 8,100 tons last week, or two-thirds of the volume at this time last year. Pig iron shipments in the Great Lakes district in March were the larg- est in nine months and gave indica- tions of further gains, the review says. Coke shipments were the high- est in five years. Steel's iron and steel price com- posite is down 3 cents to $32.30, while the finished steel index holds at $54. Estimates Again Down. NEW YORK, April 1 () —Steel trade activity for the current week was estimated by the American Iron and Steel Institutee today at 44.4 per cent of capacity. This represents a decrease of 1.7 percentage points from the national average of the previous week, which in turn showed a small recession from the preceding period. ‘The estimated level compared with a month ago and 43.3 per cent for the corresponding period last year. U. S. TREASURY POSITION. By the Associated Press. 2T Dosition of the Treasury on March Receipts, $45.521,860: eandl- Tiren " $40 581 570: balance. $5.420. 00, 208; customs receipts for the month, $30.- 578.780. Receipts for the fiscal year (since July 1. 54.106.681: expenditures. $5.057 (inciuding ency expenditures) dflulu. $2.202,931.44 $8.564.921,049. NEW YORK BAR SILVER. i NEW YORK, April 1 (#).—Bar sil- | ver steady, unchanged at 61%. 1 \Equitable Co-Operative Bldg. Assn| ASSETS $6,492,976.24 Organized 1879 JOHN JOY EDSON President NEW Security Dealers' Assoctati fancy. ers. 13a14: sta new " hatched Sono4: 5: hite Pekins. fancy. 16817 black. 46.1 per cent last week, 48.2 per cent | {?R0" )0 %% A—15 NEW YORK BANK STOCKS YORK. April 1 (. —New York on: Tr “Iclading extras. PHILADELPHIA PRODUCE. PHILADELPHIA. ~April 1 (P.—Live Fowls. Plymouth Rocks. fancy, xed colors. 21: white Leghorns, 19820: ordinary 18219: old foosters. 1 gay youns roos roilers. Piymout| colors. 15216 Rocks mixed turkeys, young hen 2. Duck: TRaio: JMuscovy “mixed Colors: 181 13216 Srésked poultry: Fowls. 16a18. Spring Lonz 55th YEAR COMPLETED. WALTER 8. PRATT. Jr. Secretary. Subscriptions for the 108th Issue of Stock Being Received Do You Desire a Loan —on Real Estate or to Take Up First Mortgage? TIHOSE desiring money to purchase a home, refinance present indebtedness or improve property should consult us. Applications will receive prompt and courteous attention. Loans Repayable Monthly Take 12 Years to Repay Your Loan 915 F St. N.W. Nat. 1741 LOANS ON HOMES Monthly Payments Ample funds are available for loans to refinance existing trusts on homes, or build new hom: No Commissions—No Renewals COLUMBIA BUILDING ASSOCIATION 716 Eleventh Street N.W. “Where Savings Are Safe” Members of Federal Home Loan Bank System, D. C. Building & Loan League As Low As Established 1907 ANNOUNCING ANOTHER TO SAVINGS REGULAR INTEREST PAYMENT DEPOSITORS THE unbroken record of interest payments to Savings Depositors of the American Security is continued. Today our savings depositors are sharing in a total distribution of $193,154.30 On October first—six months from to- day—notice will be given of another regular interest payment. Other thrifty people of the District may share in this distribution by opening a savings account This impressive sum represents interest due on savings for the six months' period ending March 31, 1935. Savings depositors are requested to present their passbooks at their American Security of- fice so the proper credit may be entered. AMERICAN SECURITY at any American Security office. AND TRUST COMPANY Main Office: FIFTEENTH STREET AND PENNSYLVANIA AVENUE Largest Capital and J'yrplu.r of an] Trust Company in Washington NORTHEAST BRANCH Eighth and H Streets, N. E. CENTRAL BRANCH ¥th and Massachusetts Ave., N. W. NORTEWEST B! IRANCH 1140 Fifteeath Street, N. W. SOUTHWEST BRANCH Seventh and E Streets, S. W. *MEMBER FEDERAL RESERVE SYSTEM Helpful Hints On How To Worry One of the first rules, of course, is always to remember the future. Keep it foremost in your mind— but lay no plans for it. Seize no opportunities. Save nothing. Invest nothing. Do nothing. Just fret—and fume. Be utterly miserable. Worry about yourself as you will be when old age comes. Worry about your children, who will be leaving school if you die. Worry about your wife. Learn to wince when you think of - her attempt to provide all that you neglected to provide. Picture her looking for a job—your favorite son shouting “Extree!” on the street corner. Do this thing right. Learn to look worried even if you have to practice in front of your mirror. Of course, if you prefer not to worry, you might look into this thing called Life Insurance. With the help of your telephone book, you will be able to locate intelligent agents representing this 70-year-old company with nearly a billion dol- lars of insurance in force. HERBERT 0. McLEAN & Associates 318 Southern Buikding Washinglon, D. C. PROVIDENT MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA —Founded 1865 rooste : ola