Evening Star Newspaper, April 3, 1935, Page 13

CURB LIST TENDS TOLOWER LEVELS Along With Number of Specialties. By the Associated Press. NEW YORK, April 3.—The general run of Curb market trading favorites | lost a little ground today. Utllities stood out against this trend, as did a few industrial specialties. Volume was small. In the late trading Electric Bond & Share and American Gas & Electric won back their small early losses and were ruling a shade above yesterday's final levels. Dow, Chemical, Swift & Co. and Ploneer Gold were firm. Leaders in the alcohol division were fractionally lower. BONDS ON THE CURB MARKET. DOMESTIC BONDS. Allhlm PW 4’15 67 ‘46 Stock and Adams Millis Sales— Dividend Rate. Add 00. High. Low. Close. 1st Df ('l). . 25! 107 Aero Supply (B).. Air Inv_ Inc war.. Ala Pwr pf (8)... 1608 Utilities Resist Recession | A pwrot ()... 508 Allied Mills, Inc.. Alum’n Co of Am. 1 Alum’'n pf (1%).. Aluminum, Ltd Am Beverage. Am City Pow: & Lt (A) (a3) Am Cynam(B)40e Am & Fer Pw war Am Founders. . .. Am Gas & F11.40. Am Gas&El pf(6).1. Am Hard Rubber. 1 Am Invest, Inc. Am Laundry (40c) 1 Am Lt&Trac 1.20. Am MfgCo.... Am Maracaibo. . Am Superpower. . Appalachan Elec Armstr Cork(50c) Asso Elec Indus Ltd (k10 3-5¢) Asso Gas&El (A). AtlasCorp....... Atlas Corp war Atlas Corp(A) (3). Atl Coast Fisher.. Ax-Fisher(A)3.20 Babeock & Wil 40c Buff N&EP pf 1.60 Butler Bros . Calamba S E1.60. Carib Syndicate. . Carrier Corp...... Catalin Corp. Cen P&L 7% of Cent States Elec. . | Cent States Elec cv pf(new) Cent States Elec 6% pf xw 1 ’s. 4T 55 14 3814 70% 19'% 7 00s !Ol 58 5 4 1 19 50s 00- flD! L s 1 6 Pwrpf (T)..... 2 Celanese 1st pf(7) 2 (IR oovensos b 50s 4 ta s | Cent Sta E17% pf.100s s 56 70 A 1011z 10112 1011 E 412 0412 94ts 3 3612 R, 38 1083 10 Jxlull!‘ 11 10133 10102 10113 10538 10514 10514 60%2 601s Com Edis 4s P Conn Riv P 58 A Con Gs Ut Us A * Centrituzal P(40c Chicago Mail Order (t11%).... | Cities Service. ... | Cities Service pt. . Cities Service (B) | City Auto St k10e. | Claude Neon Lt | Clev Elec Illu(2). | Clevelana Tractor : | Columbia Gas & 5 24 34 Elec cv pf (5) 4008 4 ColumbO & G Vte | Com'with EQ 4). Como Mines. .. .. | Compo Shoe (s0e) | Cons Afrcraft.... [Cons(‘olmer..‘ . Cons Gas of B Cosden Ull \le ks | Creole Petrol'm. . | Crocker Wheeler. Croft Brewing. ... 135 | Crown Cent Petm. 50 104 BN, a0t 104 883 | 84 037 1037 08t . . Indiana Ber Indian S Intersta Pw 6s Interst P § 4' Towa-N g Jamaj WS 5'as Jers CP&L 4'as Jones Laugh 55 ' | Crown Cork Intl (A) (m75c) | Cusi-Mexicana M. | Distillers Crp-Sea | Doehler Die Cast. Dow Chemical (2) | Duval Tex Sulph. | Elec Bona&share. | Elec Ba&S pf (5).. | Elec BA&S f (6). Elec Pwr As (40c) Elec Power Asso | (A) (40¢).... Elec Share pf ww. Equity Corp European Elec Ltd (A) (60c) | Ex-Cell-O A&Tool | | Fairchild Aviatn. | Fanny Farmer "andy (121%c¢) Ferro Enamel 60c. $1; | Fidello Brewery. . | Fisk Rubber. ..., | Flintcote A n25c.. | Ford Mot Can 5| (A) (k1%). i1 106 e 106 an 1047 104 nm 10472 10412 10 06 06 60 11634 117 10334 10 BR1s 2 #112 102 1077 1075 1075 10034 1003% 1003 pre 381, Ei Pow_ Tenas Elect ¥ West New 44. nn 55 50.!1) West,_Penn Bs 207 8 a8V, 8415 Galz 64 56" BB 56 37T% 37 37% Mtg 78 C 'R’Q RY, T Wy T Hia1'Sy Pow 604 - RinrG¢ G A —With warran x:—v‘vvunom Tarants. |—When issued. rtl (m-n——!!-mped FOB»EIGN EXCHANGES NEW Y (. —Foreign change ltel L Cll‘!l! lrl!l!n in do]llr! t Britain dema 3'Belt. (it o3 4 ills, 4.7 5 0810 2.39; " Austria, Rumania. 1.0 zil. 8.59) Honekon 27. s X tll ‘Montre £ Deso) ok, 09 455 Y. MONEY MARKET. YORE oL o ‘CT?.E. "loans -mm. 60 days-6 mont] hl. Prime ' commercial paper. Ford Motor Ltd. .. Forem’st L pr pf. Garlock Pack'l;ll) Ga Pwr$6pt. ... Glen Al Coal t1% Godchaux Sug(A) Goldtield Consol. . Gold Seal Electric Gorhm vtc ex p3le Grand Raplds arnish (50¢) Greyhound (Del>. Gulf Ofl of Py . | Hollinger G t76ec. . Horn (A C) Co... Hudson Bay M&S Humble Ol (1) | Hygrade Syl (2 —_— Imp Ofl Ltd coup (130€).....0.0 Imp Tob Can (152%e¢). | Insurance Co of North Am (3) | Intl Hydro Elec | Intl Petrol reg 12. | Intl Util (B)..... Interst Hom (2).., Irving A C (p10e) Kingsbury Brew,, Kirby Pet (pl0c). Kreuger(G)Brew. Lake Sh M (14)... Lehigh C&N(50¢) . Leonard Oil...... Lerner Stores Libby McNetligL. Lion Oil & Reflin. . Lone Star G(p15¢) Long island Light DEB(6). .. Loudon Pkg 113, Louisiana L & kx. Mangel Stores.... Mavis Bot (A)(r). Mead Johnson(t4) Mesabi Iron. . Moiybaneum. Mont erd(A)(') —_— Nat Fuel Gas (1). | Nat investors. . Nat Pw&Lt pt IC) i | Nat Rubber Mach. | Nat Transit (70¢) Nat Union Radfo. Natomas Co(60c) . NJZine (2)...... NY&HonR1t1%. N Y Transit (30c) Niag Hudson Pwr Niles-Bem-Pond. . Noma Elec Corp. . Northam Warren conv pf (3)... Northern States Power (A). —_——— Ohto Oil cu pt (6) Pacific Eastern. .. Pac Gas & Elec 1stof (1%) Pac Light'g pf(s). Pacific Pub Sve pf. Pantapec Oil. Parke Davis 11.70. Penn P&L pt (7). Pepperell Mfg (8) Ploneer Gold Mines Ltd(80¢) Pitney Bo P (20¢) Pittsb'gh LE(2%) Prod Royalty 23e Railroad Share: Reybarn Co Reynolds In Russeks Fifth St Anthony Gold. . St Kegls Faper... St Regis Paper pf. Salt Creek P (80¢) Selby Shoe (1.60). Seton Leather. . Smith (A Q). Sonotone Corp. o o S oo W0 —on sw?le.g'u HAM NRORD o 1 Gray Tel Pay p50c100s 19 3 1 1 2 System cv pt 275s 17 25 258 12 1 1 & 5 61 2 & 6 10% 208136 213 1 5% £800856% 4 8% 1 % 1 3 9 9% 50s 51% 50s 381 = 1 3% 1 10% 1 % 60s 37 1 8% . 1008 95% 508 Pitts Plate Gl (2) 1508 38 Public Sve Ind pf 08600 2 1 1 2 3 8 08 2 508 2 Sherwin Will fl). 6008 107 107 2% 2% % 4% 53 13% 38% T0% 19 1% 33 16% 1 it bl 218 95 % S 9% 81| 14 THE EVENING STAR, WASHINGTON, NEW YORK CURB MARKET By private wire direct to The Star. Stock and Sales— . Dividend Rate. Add 00. High. Low. Close. South Am Gold & Plat (40¢) 4 3% 3% Southn Calif Edispf A (1%). Southn Calit Edis pf B(1%4).. Southn Calit EdptC (1%) Southn P L (30¢). Southl'd Roy t25¢ Stand Inv cum pf. 50s Stand O Ky(11%) Stand Oil Ohio....1! Stetson (J B). Stutz Motor. Sunray Ol Sunshine (8 Swift & Co (175¢). Swift Intl (2). Swiss Oll (40c) 3% oo 0 e EX & SFe D D00 Tampa Elec (2.24) Technicolor, Ine., Texas Gulf Products(b10%) Teck Hughes(40¢) Tenn Electric Pwr 1st pf (7). Tob Prod Ex(10c) ‘Trans Air Trsta.. Tung-Sol Lamp. % Unit Carr F' (1)... Unit Gas Corp. Unit Gas Corp war Unit Gas Corp pt.. Unit Lt&Pwr (A). Unit Lt&Pwr pf.. 2008 Unit Shoe M(t4%. 50s U S Elec Pwr ww. U S Fol (B)(60c) Unit Stores vtc U 'S Radiator Unit Verde Ex Utilities Pwr&Lt. Utllity Eq pf(3%) 25s 45 Utility & Indu.... 1 —_— Venezuela Petm. . Waco Afreraft Walker (Hiram). 1 Westn Cartr pf(6) 25s 99% W VaCoal & Coke 1 31 Wright Har(160¢) 37 Woolworth(FW) Ltd (p46 1-5¢).. 6 24% tPartly euu -nnm in cash ock fPlus 6% hl B ek Tt Bapanielp “tocks. 8 in “Yock k'Pald iast year—no regulat Tate, *h Accumilated dividends. "o Eiss 10% 1n stcck D Paid this year—no regu- lar -ate. r Companies reported in receiver. ship or being reorganized *Stocks fully lsted on the Curb Exchange, others are dealt tn as unlisted tssues " 2Ex dividend UTILITY EARNINGS RISE AT BALTIMORE Consolidated Gas Reports Gron' for Two Months Is $252,675 Above 1934 Level. | Special Dispatch to The Star. BALTIMORE, April 3.—Total gross operating revenue of the Consolidated Gas, Electric Light and Power Co. of Baltimore for the first two months of this year totaled $5,488,157, an 1n-> crease of $252,675, as compared with | the corresponding period a year ago. Expenses, however, showed a gain | over the 1934 period, leaving a net | income after fixed charges of $19v,- 584, an increase of $53,489. After payment of preferred dividends | amounting to $193,370 for the period, net was equal to 85 cents per share | on the common stock as against 81 cents per share in the first two months of 1934. Stockholders represented by 72 per cent of the common stock, re-zlected 5% 7y | 8t their annual meeting yesterday and crat 1% | 2T% | 1% | 5% 6% L 50 6% 4% 5 & 4915 6% 3% 5 44 44y 20% 20% 5% 5% H s o & 601 60% & & 10 10 136 136 all present directors of the company The three new members named | were Mortimer N. Buckner of New York, chairman of the board of the New York Trust Co.; Alexander V. Drummond of London, executive di-| rector of Drummond, White & Co., and the Municipal & General Securi- ties Co., Ltd, of London. and James L. Richards of Boston, a trustee of the Massachusetts Investors’ Trust and a director of the American Sugar Refining Co. Following the stockholders’ meet- ing, at which J. E. Aldred, the chair- man, presided. the directors held a meeting and re-elected all officers of the company. AMERICAN W.ATER WORKS DIVIDEND IS REDUCED By the Assoctated Press. NEW YORK, April 3.—Directors of American Water Works & Electric Co. today ordered a ouarterly dividend on | r"x the common shares of 20 cents, which was a reduction from 25 cents paid | previously. At the same time earnings for the | 12 months ended February 28 were | reported at $2,900,644, which amount- ed to 98 cents per common share, against $3,556,496, or $1.35 per share, for the preceding 12 months. Harold F. Butler, who has for 13 7years been connected with the Wall| | Street law firm of Sullivan & Crom- well, was elected a vice president. The common dividend is payable May 15 to stock of record Apru 12. ‘ FERTILIZER ° TAG SALES AHEAD OF YEAR AGO | By the Associated Press. NEW ORLEANS, April 3.—Sales of fertilizer tags for the eight months ended March 31 in Georgia, North Carolina, South Carolina, Alabama, Tennessee, Arkansas, Louisiana, Mis- sissippl, Texas and Oklahoma aggre- gated 2,276,743 tons, Secretary Plau- che of the New Orleans Cotton Ex- changed reported yesterday. This compares with a total of 2,- 029,891 tons in a similar period of the 1933~34 season. NET DEMAND DEPOSITS DECLINE DURING WEEK By the Associated Press. Net demand deposits of reporting member banks of the Federal Reserve system in leading cities have dropped | ki b $329,000,000 from the recent peak as the result of the transfer of funds to the Federal Government. The main trend, however, is considered to be still upward and the total retains a wide lead over 1934. Companflvg‘ figures on aggregate | ¢ demand deposits of the reporting in- stitutions in 91 cities follow: Week ended lech 27 sll 150.000.000 Preceding week 14.155.000.000 Bime week Tast vei 11.794.000.000 —_— SKELLY OIL EARNINGS REACH $713,577 MARK By the Assoctated Press, NEW YORK, April 3.—8kelly Oil Co. reports for 1934 net profit of $713,- 577, equivalent, after allowing for an- nual dividend requirements on the 6 per cent preferred stock, to 31 cents a share on the common stock. There is an accumulation of unpaid divi- dends on the senior shares. The com- pany had & net loss of $820,534 in 1933. Stewart-Warner Corp.—Business of company was up around 30 per cent in first quartes. i EGGS IRREGULA D. C, WEDNESDAY, Virginia Public Service Renames OND.C. MARKE]| ©fficers for Year Ungraded Offerings Steady. Government Grades Up 14 to 12 Cent. Egg quotations followed an uneven trend on the Washington produce market today. Nearby ungraded of- ferings were unchanged. but Govern- ment graded extras, large, gained % of a cent and standards, large, ad- vanced % of a cent. ‘The summary, with egg, live poul- try, fruit and vegetable prices fur- nished by the Department of Agri- culture follows: m—one pound prints (92 scol : 1-pound prints (90 score). -Wun prints (89 score), “heavy, calves. 0. EGGS—Market gteady and unchanged nearby ungraded ege vernment §raded eggs Y, higher on extr e. and s higher on standards. large. = Current receipts, 19a20: hennery whites. 208 Government graded and dated wh . S ex rge, 27%: U. mediums. 8 87 tandards. Taree: bk LIVE POULTRY—Market steady at un- ¢l nud prices. Fowl: Colored all nlus. 3 horns, ll"ll T . Sal slips, 15a20. Fruits and Ve Sllcs m arge lots by original receivers am: - today: LES—Nn carlot arrivals; one un- broken car on track. Bushels: Supplies mocerate; demand light: market, seady. Virginia. Sta: : No. l s mirimum, 1.00: l‘: inch mul 7 “lhch minjmum. 1-4081.50: nesaps. U. No. 8. No. 2 ¥,-inc 7 -inch minimum, 1.00: 3 ch_minimum. mostly around’ 1.10: Blnck Twigs. U. 8’ No. 1, 2Va-inch mini- 90a1.00; " 215-inch minimum. 1.158 -inch minimum, J38a: wry L minimum, 100: xes Delicious. 2.00a’ according to size extra_fancy and Jonathans. 1.65: Staymal 2V iy ‘mintmurm, hi 13521 50 CABBAGE—No carlot arrivals: | broken car on track. Supelies, light: mand light: market stea South Car- © ¥ Sushel “Rampers. Pointed type. | C!LERY~0ne Florida arrived: broken and three unbroken cars on trac! Supplies moderate; demand light: market fendy TIOrids 10-inch Srates.” washed. one de- one Ohe Callforniar arsived: one car diverted: two cars reconsigned: five broken and four unbroken cars on track. Iistern stock: Supplies moderate: demand Light: market "steady. = Western grates. Iceberg type 5 dozen: Arizona. 4.50, few | cnmornm fair to ordinary con- | dition.” 3.00a3.7 Onion Prices Unchanged. ONIONS — wNo Carlot broken and Supplies h;m steady. Ohio, No.1 2 -m | SAL. bushel baskets_{fair co TURNI Y -Two lllk | gl:!nt:'nck"efggblle!NHb"lyl demand light; sacks Round Whites, U. 8. N ]1"0 o Pennsylvania. nceipls 2 U 8. No. | ks P 00810 scks fir\,.lsxfl Burbagiis, \ SPINACH—No carlot arrivals: | gi‘\r;:[;g flohctn“ on iYICK sunplles Xl(ht i \nh?l A',‘.‘fél;:.flifl."l’nll‘ et weak. Virgini ES—No carlot arrivals: no cars on track. Supplies licht: demand llhl market steady. Florida, holdovers, ez, "1 sn‘e‘rfl .lrv‘rl-ny refrigerators. ST ATOES No' bushel Nancy Halls. Arundel ort] baskets Puerio Ricans ani arylan Soynty., biishel “hampers ey De.. TDM ATOES Pive Florida_arrived: one d: one broken_and eight un Supplles liberal ibout 5a3.00, few .!.”9, !urnlnl -lunped. 6x6 and 50 5a FLOWER—No cnlu: nmnln one car diverted: tuo broken lnq one unbroken cars on track. Bupplies light: demand light: market steady. California, trltu ASPARAGUS—No carlot cars on track. APproxi ages by expres: uth oiln SunEhu moder; mand 1ight: Soutn Caroling pyramid_crates. hes, green Colossal, 2 50a3.00, 2 2.0082.25: fair quality, ht; market oxe ln’!vlll 1y a r quality, 1.00; MIXED vmnAaLm—No carlot arriv- als: no ‘cars on_trac LIMA HEANS—S?puu Jisht: market stea hampers, demand bushel (-reen Beans Stea; GREEN BEANS—No carlot arrivals; one broken car on track. Approxims ackages by express arrived demand : market pers green fi De. gh as 2.00; poor condi- EPPE_RS~PrncHnI]y no supplies on the market EGGPLANT—Supplies _light; _demand Cuba. ' 1%a-bushel market te-uv 5 ail .50a3.00: few best CUCUMBERS—Supplies light: demand light; mll’k!t steady. v!'lond-' tushel bas- kets. 4.50a5.50. BQUABH—Approximately "flO mk by express arrived: sui rP] es light; light: ln'l);kE[ stndy few hi; moderate: de- steady. Mlchllln fancy. 60a65. arrived: 0. BA! RB—SuD lies um (oarket ind extra Fan S ost enolce 46 AR One _ Texas broken and one unbroken 35K4 i B—N arby sections, bushel baskets, L ESS Nearby sections, bushel baskets. 0a50. earby | sections, she né'mun 4085 H.ADX!HES——VI"!MI. bushel ). 1 ORANGES—One _ California arrived: three broken and six unbroken cars on track. Boxes: Florida, Valencias. 2.50a 3 goording to_ srade Cali- i to ad - O.R PEd "—Ng ckleflol Sken and one_unbroken lorida, "boxes 2.258%.50¢ ze. : one track. condition; [ONEYDEWS—Chile, standard crates, 1‘GRA§'Es—Amnnne. lugs. 2.2582.50: ower PO A VOCADO! S—California, boxes, 2.00; 8¢ to grade and size. P ES—Fuerto Rico, 3.50a4.| 60 as to size. L. C. L. Express Arrivals. crates _asparagus. South Carolina. 1 Flgpn 0 crates, ets bu‘hel bnlell laul!h. b strawberries, 156 bushel hlmnl’l [ beans, 05 ' 30-pound crates _tomat North Carolina. 55 bushel ba: 0 bushel basket: ni 1 barrels water- m mixed Jezetables. DAILY OIL PRODUCTION DROPS 36,850 BARRELS By the Associated rrour.u . NEW YORK, April 3.—Daily aver- age gross crude oil producfion in the United States decreased 36,850 bar- rels, in the week ended March .30, totaling 2,563,250 barrels, the Ameri- can Petroleum Institute’s weekly sum- miey o indicates. les representing 89.8 per cent of emm-ua total capacity, operated at 67.3 per cent of their capacity, re- ported daily average runs of crude ofl to stills as 2,294,00 barrels. Dally nvenge the previous week for refin- representing 89.8 per cent of mul. operated at 69.9 per cent of capacity, was 2,384,000 barrels. i’l:lpflfl-l totaled 680,000 barrels, sgainst 1,485,000 the previops week. By the Associated Press. CHARLOTTESVILLE, Va., April 3. ~—J. 8. Avery of Alexandria, president, and F. W. King, also of Alexandria, chairman of the board of the Virginia Public Service Co., were re-elected at the annual meeting of the utility’s stockholders here yesterday, it was announcd today. All of the common and about one- third of the preferred stock was rep- resented at the meeting. The entire Board of Directors was re-elected, to serve for another year. Members are Mr. Avery, Mr. King, George B. Macomber of Newark, N. J. L. U. Noland of Newport News; Lewis Payne of Alexandria, Alan W. Pease of New York City, George E. Warfield of Alexandria, Fred L. Watson of Charlottesville, J. D. Whittemore of New York City and J. L. Witz of Staunton. ELECTRIC POWER OUTPUT DECLINES Total 2.8 Per Cent Above 1934, Against Margin of 4 Last Week, g By the Associated Press. NEW YORK, April 3.—Electric pow- er output for the week ended March 30 showed a gain of 2.8 per cent over the same week last year, the n Elec- tric Institute reported today. The percentage increase was nar- rowed as against the average gains of recent weeks. In the previous week the rise over 1934 was an even 4 per cent. The outturn showed also some decrease from the previous week. Output was 1.712,863,000 kilowatt hours, against 1,724,763,000 in the previous week and 1,665,650,000 for the like period last year. A year ago the power production for the final APRIL 3, 1935. STEEL RATE RISES SLIGHTLY IN WEEK Iron Age Places Output at 47 Per Cent, Against 46.5 Week Ago. By the Associated Press. NEW YORK, April 3.—Demand for finished steel products, said Iron Age today in its weekly summary, is being sustained at a far better rate than would seem to be justified by current business uncertainty. The production curve shows a slight rise to an estimated 47 per cent of capacity for the Nation, according to the review. In the previous week operations averaged 461, per cent. “While the gain is not significant | A and curtailment in operations is already predicted for next week in some districts,” the review added, “the industry’s stubborn resistance to a further decline in activity is clearly | ¢ shown, “The week emphasized a number of factors which might lead to increased steel production during the second quarter. The automobile industry is still deferring heavy purchases for its May and June requirements.” The review said that pig iron pro- duction in March was sustained at almost the same level as in the pre- ceding month. Total production rose from 1,608,552 tons in February to 1,770,000 tons in March, because of the increased number of working days. ‘The daily rate was 57,100 tons against 57,450 in February. The finished steel price structure, sald the review, suffered its “first major setback” since last July in the| $3 a ton reduction cold finished bars at all basing points, effective April 11. The recent decline in steel' scrap | quotations has been halted and the Iron Age composite price is unchanged | ! at $10.75 a ton. LT e CHICAGO PRODUCE. AGO. April 3 ™ —ruuluy 2n '.rucn steady to n l.e.horn hens. 18: Rock ored. 3. 24; Rucl broilers, n. barebacks e 0%3: oo "4 cnloud week of March was moderately above | Ui that of the third week. DOLLAR GOE.S HIGHER IN LONDON DEALINGS By the Associated Press. LONDON, April 3—The United States dollar gained 1% cents to the pound today, closing at 4.80% to the | R pound, as compared to yesterday’s close of 4.82. The opening was at 4.79. The French franc closed at 72.80 to the pound, as compared to yester- day's close of 73, and the Belgian belga closed at 28.38, unchanged from yesterday. PARIS, April 3 (#).—Three per cent rentes, 78 francs; 4'z per cent rentes, 89.20. Exchange on London, 72.75. dollar was quoted at 15.1313. PR The {LOWER LOSS REPORTED BY BYLLESBY & CO. ™ | By the Associated Press. CHICAGO, April 3.—H. M. Byllegby & Co. reported a net loss for 1934 of $16,326, compared with a loss of $94,603 in 1933. Other charges, including deprecia- tion of securities carried in the trad- ing account to market values, as of December 31, brought the total deficit from operations to $107,521, com- pared with $202,012 in 1933 1) - ) 581,a33; seconds * ad. ards (ho, cengralized carlots) 26.107. firm; prices uncl ,d05; on track 9; old stock szuu od ity. large, 2.07%a8 hew $ibck steads. su limited: Floride. bushe umphs,’ U. §. No. U. S. TREASURY POSITION. By the Associated Press. The %am.nn of the Tre ury on April 1 was: Receipts, $37.846,189: Customs Teceipts for the m sceipts for the fiscal year (since July 78,650,864 expenditures, 35,089 ‘(including $2 154 587 Cmersency |expendiiures): eicess of ek genditures, | $2.210,004.860; gold assets. 5,560,988 286, Receipts for March 31 1'\';4 [{ parable date la 91 5:: nth. Recelpu ror the 704,722 ndit cluding 's enditu 5 200,605 1 year. $2.305.- e 317 o! emergency ex { cxpenditures. s2- Fold assets. 7.695.087.4 PHILADELPHIA PRODUCE. PHILADELPHIA. April 3 P —Live poul- try white Leghorns_ 1 30a21; hatched broilers. P. R., Dressed poultry. unchlnnd. Ferro Enamel Corp. 1934 common share earnings were $1.55 vs. $1.06. || Lawyers' DIVIDENDS ANNOUNCED NEW YORK. April 3._Dividends de- glared 1eoymnueu by the Standard Statis- Extra. ldlv Ou.&ln T ORG Carpel Corp. . iRree8 uced. Amer Water Works...20c @ Accumutated, h‘l l'llllAB{ 19 nhupf $4.50 .. Initial. Admin Pund Sec Inc...7¢ .. o Sou Pranklin Process. Regular, Administered Pd Inc. .12 2 shar ehu B atock or onllon 75 cents "l cash ) m Equit Assur . Alllnl\c Ice Mf $7 pf.$2 t A To Monroe Cal Mch pf. 8t Oil Tr sh A1z, flfl"l‘: . bea e nu Bhre rek. 104 N 801 L W s.'t Kaska Jur American "Smeiting Trust PUB AR EADILA FATARAEE Wb B3 RA o emma $1.62% Q —_— NEW YORK BANK STOCKS NEW YORK. April 3 (% —New York security Dealers' tion: (Opening auotmom.b BANKS. M nhntun n:l‘,) c onal ‘City';n ‘ommercial Pirst National uom Public (1%3).. TRVIT COI(PAMH Bankers' (3) . Brooklyn Trust (4) . Hanover (*7). Chemical (1.80). Continental (.80) Corn Exchange (3). Empire (1), Gusranty ‘1‘20) . Irvi 1. 3 Manufacturers’ (1) New York Trust (8). Title Guaranty & T County. ... *Includes extr: SHORT-TERM SECURITIES. (Reported bv Chas. D. Barney & Co) Allis-Chaimers Co. Bs 1937. el & Tei. 545 1043, Atlantic Mflnlnl s 1937, . Bethlehem Bteel 55 1936, Calitornia Packing 5s 1 75 lil)‘l’()" 3 37 & Rig Gr. Edlton EI mum 48 10; Gen. Pub. Service 58 wan a o8, 63 1030, a Jr. Saus sc 936 - Erot Norusen Tilinots cenlnl & New York Cent 1 Y YEhE & Bt = n 137, Ohio River R_ 36 Benna BOR. Co, Biss unn Portland Gen Ei 58,1935, oi 5138 19: Bo b 10 | Warner Bros. 6s 1038. NEW YORK BAR SILVER. NEW YORK, April 3 (#).—Bar sil- | ver quiet, unchanged at 61 EXCHANGE CLOSES CANDIDATE LIST Nominations Are Completed. Decision Due After Close Monday. Bpecial Dispatch to The Btar. NEW YORK, April 3.—The Nomi- nating Committee of the New York Stock Exchange has closed its books to further nominations. The names of nominees are to be made public some time after the close of the market next Monday. Whether any of the suggested nominees have officially re- quested that their names be withdrawn the committee declines to disclose, but it is conceded that never in the his- tory of the Exchange has any Nomi- nating Committee had so many names from which to select a slate for the annual election, May 13. John F. Murray, the campaign man- ager for Gov. Lehman and head of the Stock Exchange firm of John F. Murray & Co., who has been proposed as a governor of the Exchange by a petition signed by 205 members, has issued a statement urging wider pub- licity for the Exchange. “The attitude of the Exchange to- | ward regaining public confidence has been, to my mind, poorly managed and narrow-minded, resulting in a country-wide ignorance and hatred of Stock Exchange brokers, an antag- onized press and intolerant govern- mental relations,” Mr. Murray said. “We must think of the lack of vision and methods of technical man- agement causing what, to my mind, seems an unwarranted loss of $1,000,- 000 last year.” he continued, referring to the annual report of the Exchange. “I regard the Stock Exchange as a public utility, and I believe that one of the essential duties at the moment is to correct the belief that a mys- terious clique, or club, entirely dom- | inates the officers and managements of the Exchange.” \Copyright. 1 ) ———e ‘Store Conlrollers Will Hold April Meeting Tonight ‘The Washington-Baltimore group of Department Store Controllers _wiil hold their April meeting at the Har- * | rington Hotel in this city tonight, be- ginning at 6:30 with dinner. Insurance costs, coverage and re- quirements will be among the ques- tions discussed by two able speakers ‘William Quaid of the Home Insurance | Co., New York, will speak on “In- surance Trends,” particularly affecting fire, tornado, inland marine and use and occupancy coverages. James O. Honeywell of the New Amsterdam Casualty Co., Baltimore, is to speak on “Insurance Trends,” with special discussions of compensa- tion, public lability and other im- portant casualty coverages. Other similar meetings held this year have proved most valuable. MONTREAL SILVER. MONTREAL. April 3 (P —Silver tures opened steady. May. 61.K0b: J: Septemver. ' 63.40b; Decem RUBBER FUTURES NEW YORK. April i} (#.—Crude rubber futures opened quiet. 10 to 12 lower. May. 11208237 July, 11.36; September, 11405 “MY FRIENDS SAY. . they taste better than higher-priced cigarettes” & 'Y FRIENDS are the luckiest people. They save a nickel every time they buy their favorite cigarette. 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