Evening Star Newspaper, April 8, 1935, Page 18

1 FINANCIAL - B f > A NAN . BONDS UNSETTLED AS CARRIERS EASE Federal Issues Narrow, with Most Treasurys Steady to Firm. By the Associated Press. NEW YORK, April 8—Moderate offerings of low-priced railroad bonds unsettled the market a trifie during late dealings today. U. S. Governments were narrow, with most of the Treasury issues unchanged to a shade higher. Fractional losses were shown by Santa Fe 4s, St. Paul 5s, Chile Cop- per 55, Bethlehem Steel 5s and North- ern Pacific 4s. Obligations of the New York Central, Nickel Plate Great Northern were well supported and held steady. American Smelting 35s held unchanged. Prench 7s gained nearly a point and German obligations were fairly steady in the fomgn department. Washmgton Ekchange " saies. Capital Traction 55s—81,000 at 99%, $1,000 at 9934, $1.000 at 9934 Lanston Monotype—3 at 504, 2 at 5014, Mergenthaler Linotype—50 at 30, 50 at 30, 10 at 30. AFTER CALL. Washington Ry. & Elec. pfd.—10 at 10354, 10 at 10353, 26 at 10334, 10 at | 10334, 10 at 103%. 10 at 103%, 10 at 1033;, 10 at 103%, 10 at 10334, 10 at 103%, 10 at 1033;. Capital Traction 55s—$1,000 at 99%. Potomac Electric 6% pfd.—5 at 111 | Anacostia & Potomac R. R. 55s—§1,000 at 85. Washington Gas 6s B—$100 at 10335, $100 at 103%s, $800 at 1003, $100 at 10335, $100 at 1033, $100 at 10334, $700 at 10335, American Security & Trust Co.—2 at 197, BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Asked. Amer, Tel, & Tel. 4136 T T of Gadital Traction B, R City & Suburban 5s Barber & Ros. Bnevs” Chase b 3! Col. D, w. Country Club Paper Mfz. ¢ M. Cold Storage 55 STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. Csmul Transit Co. . Sieamboat {6V v, B Wash. Rwy. & El. pfd. NATIONAL BANK Lincoln_(5) Riges (8) . Riggs pfd. (5). Weshington ' (5) TRUST bownny Amer, Sec. & Tr. Co. (8)..."14 Natl. Sav. & & Tr Wash. Loan & Tr. i8).. SAVINGS BANK Com. & Savinzs (6) 150 FIRE INSURANCE, American (12) 7 Corcoran (2.50) Piremen's_(1.60). National Union (.60 TITLE msu}zANcE Columbia (.30) .. Real Estate (6) MISCELLA! ovs 280, Carpel Corp. C. Mergenthaler Linotype '~ Peoples Dru( St prd. [ Real Est. pd. « Secunu smr‘:lu “) Wawa. s Wdwd. & Loth. pfd “Ex. dividend 125¢ extra. INVESTMENT TRUSTS NEW YORK April 8 (P.—New York Becurity Dealers’ Association (Noon quotations.) Asked. R Admin Fund ww Am Bankstocks Am_Business Sk Bullock Fund Cumulative T Sh.. Corporate Trust Corporate Trust A A. Corp Tr A A mod Corporate Trust Accu Corp Tr ArrumNSr‘r mo Ser Diversified Tr Dividend Shrs Eive-Year Fiyed Tr.! Mutual Invest Nltlan Wide Sec vic Y Bk Tr_Shrs Norih=Am Bona. Tr Nor Am Tr Shares Nor Am Tr Sh 1¢ Nor Am Tr Sh Nor Am Tr Sh Plymouth Fund Quarterly Inc shx . Selected Am Sh . Selected Am Sh Tne Selected Cumul sh . Selected Income Sh, Spencer Trask Fun . Trusteed Inmmry Trusteed N ¥ Tristeed Am Bk INSURANCE STOCKS NEW YORK. April S8 (@ —New York Security Dealers’ Association Shrs k S| Aetna Cas (2'2a) , Am Surety (I) . Automobile (1) Balt Amer (101 Boston (16) Carolina (1.10a) City of N W (5 Fid & Dep ('2%) 80y5e Firemen's Ins Prank Fire (1 Glen Falls (1 t r Halifax (.90) Hanover (1.60) Hartford Fire Home Fue Sel Home Ins (1.( Lincoln Fire (1) Bau] Fire () eunmfleld (4': a—Including extr s—Declared or pal STEEL QUOTATIONS NEW Y te l T hot " rol 3 03 e .m“‘d she :‘l’ 3.10: blll:k theeh hot rolled. 2.45; steel pars. 1. so far this year, Central Maine Power Co.—1934 pre- ferred share earningy were $6.60 vs. $5.84, BONDS Net change . Today, 1 p.m. Previous day .. Month ago Year ago . 1935 1935 1934 1934 1932 1928 . 109.6 109.7 1103 108.3 Today, 1 pm Month ago 1935 high . 1934 high . 1928 high . By private wire direct to The Star. LIBERTY. High. Low. 2:55. 31481932-47..... 10113 10110 10113 | 1st cv 4% 8 32-47, 10117 10116 10116 4th 43,8 1933-38.. 1 6 10224 10224 4th 43 s 33-38 reg 10221 10221 10221 4th ¢%s 33-38 Sdcalled.. 100 1100 1100 1 TREASURY. 275 1955-60 10124 10122 10124 10324 10324 10324 104 24 10424 10424 10424 10424 10424 10726 10722 10722 31,8 1944 105 24 105 22 105 22 3%51940-43 107 19 10718 10719 335 1941-43 Mar, 107 20 10720 10720 3%s1943-47..... 10631 10631 10731 33,8 1946-56 110 4110 1110 4 45 1944-54....,., 11124 11122 11123 | 4%5-3% 3 1943-45 10525 10524 10524 | 4%81947-62..... 116 8116 7116 8 FEDERAL FARM MORTGAGE. 3s 1947, 102 110130 102 1 381949.. 102 10130 10130 33 s 1964 .. 10330 10328 10330 HOME OWNERS’ LOAN. 2%81939-49 10010 100 9 10010 331952 10131 10128 10129 | 481951400 00000.. 10031 10029 10031 FOREIGN BONDS. | Abitibl Pa&Pw b3 ‘63. Akershus 5s '63.. Antioquia 75 '45 A Antioquia 7s 45 B Antioquia 7s Argentine b Argentine 6s ‘67 A. Argentine 6s'58 B... Argentine 6s ‘59 June Argentine 6s ‘59 Oct. . Argentine 6s ‘60 May. Argentine 65’60 Sep: Argentine 6s 60 Oct. Argentine 6s ‘61 Febr Argentine 6s '61 May. Australia 43s ‘66 . Australia §s°66 . Australia 55 °57...... Austrian 7543 gtd... Austrian 7s '57. 3145 1049.82... 3% s 1941, 1008 100% 101 8874 993, | 100 274 30% 102% 102% Belgium 6s '5! 99y Belgium 6145 '49. Berlin 6345 '50. Berlin Elec 6145 '59 Berlin 6s '58... Berlin El Ry 614 Bolivia 7s'58. Bolivia 8s 47 Brazil 63 Brazil 6%s Brazil 7s '52 Brazil 8s'41 Brisbane 5s 5 BuenosA Cy 6s ‘60 Oc Buenos A 65’61 Pv... Buenos A 6561 st Pv Buenos A 6% 1stPv Bulgaria 7s'67 July coupon off Canada 4s "60.. Canada 4%s ‘36 Canada 5s '52. Chile 65 '60.... Chile 6361 Jan Chile 6s'61 Febr. THE EVEN 20 Rails. +.1 78.0 9.7 10 Indust 93’ 3 93.1 94.0 88.1 95.9 922 92.9 73.7 40.0 98.9 10 Util. —2 89.7 89.9 87.9 85.5 89.9 845 889 68.2 64.6 102.9 10 Low-Yield Bonds. Previous day . Year ago 1935 low 1934 low 1932 low Hi Shin'su El PS%:’H. Silesia Elec 61%s 46. Silesia Prov 7s ‘6! Sydney 5%s’ ‘Tokio 6%s '61... Toklo El Lt 6s'63. Tolima 78 '47........ UjlgnwaEPh 45... Un Stl Wk 63547 A. UnStl Wk 668 '61 A, Uruguay 6s'60...... Uruguay 6s°64 ..... Warsaw 7s ‘58. Westplial E1 P 6s '53. Yokohama 6s ‘61.. 6814 36 821 DOMESTIC BONDS. Abr & Straus 5%s ‘43 105 Adams Exp 4s48.... Alb Per W P 65°48... 40 Alb « Sus 315846 gtd 100 Alleg Corp bs ‘¢4..... 70 Alleg Corp bs'49..... 58 Alleg Corp fis *60 ctfs. 15 Alleg Corp 55 '50 stp, 12 Allis Chalm 65 ‘37, Am Chain 6s°38...... Am & For Pw 55 2030. Am 1GCh5%3°49 Am Intl 53%s 49, Am Roll M 6538 Am Bmelt & R 6s 47, AmT & T 4%s'39... Am T &T ¢l tr 63 46.. Am T & T deb s '60... Am T & T deb 5s°65., AmT& T6%s'43.., Am Wat Wks bs "44. .. Am Wat Wks 6s'75.. Am Writ Pap 65 '47 Ann A 1st ex in 4895, Armour& Co 4% 89. Arm of Del 5345 43, Armstrg Cork bs '40. . AT&S Fe 45'05-55.. AT&S Fead] 4s'95. A T&S Fead 45 95 st. A T&S Fe gn 4s 95 A T&S Fe4%s 48.... Atl Coast L 1st 4s'52. 593 106' | Atl Coast L clt 4s5°52. Atlantic&D 1st 4s'48. AtlG& W 15s'69.... Atl Refin deb 5s'37.. | Baldwin Loco 58 "40. B& O 1st 4s°43 B&O4%s’60... Tof 6595 C. & O Toledo 4s '5! B B B B B B Bang & Aroos 4s Bang&Aroos cv 4s'51. Beech Crk 4s 36 gtd., Bell T of Pa 5s 43 B.. Dell T of Pa 5860 C. Beneficial L 65 '46. Beth Stl pm 5s°36 Beth St1rf db 5s 4 Bos & Me 4%5°61J. Bos & Me 55 '55. Bos & Me 5s°67. Bos& N Y A L 4s'55. Bot Con M 6325 '34 B'way&Tth Av 5s ‘43. Bklyn M T 63 68 A Bklyn Un El 65 '50 Bklyn Un Gas 5s '45. Chile 65’61 Sept... Chile 6s "6 Chile 63°63. Chile s '42.. Chile Mtg BK 6561 | Chile Mtg BK 6s 62. . 115 | Chile Mtg Bk 638 57 1 | Chilean Mun L 10 | Colombia 6s 61 Oct '-. | Colombia 68 '61 Jan ll:x % 11..l Cordoba 7s '57 stpd Cuba 534S "4 Bklyn Un Ga: Bklyn Un G 58 Buft R&P con 4%s Buff R & P 55 '37 | Bush Term cn 58 '55 Bush T Bldgs 5s "60. Calif G&E ref 5537 | Calif Packing bs 40, Calif Petdb 5%8°38.. 62A.. | Gan‘dian Nt £ 4%s51 Can'dian Nt R 47 Candian Nt R4% '51 Caw'dian Ry 4%8 '55. Can’dian Nt 5s'69July 114 114 . 100% 102% ]llfil’ Czechoslovakia Denmark 43 °6; Denmark 65 °42. Can'dian Nt 5s'690ct. Can'dian Nr db 7s '40 Can‘dlan Pc db4sperp Can'dian Pc 4345 '46. 1165 10615 85% 101 Elec Pow Ger 61s '50 Elec Pow Ger 635553 Finland 6s '45 Frameric In 7%s 42, | French Gov 7s°49.... French Gov 7%s '41.. | 106% 106% 1781 178 Ger C Bk A 65°600ct. Ger C Bk A 7s 50 Ger Prov & City Bk con Ag 61,8 '58., | Ger Gov 53565 Ger Rep 7549 Great Br& Ir GrtCElJap 7 Greek Gov 6s '68. 30% 40 284 36% 114% 90% 27% Haitl 63°52. .. - i Helsingfors 61;8 60 Hung Con M 7148 '45. 86 101% 81 113% 87 3% 82 FZL 31% 31% _— Irish Free St 55 °60. . ltaly 15 '51. Ital P U Crd s '52 Japan 5%s ‘65 Japan 61es ‘54 Jusos Mig Bk 78 Oct coupon on. .., 11315 867 3% 82 945 31% Kreu&Toll 55'59A cfs Lombard El 7s'52.... Low Aus HE 6%s 44 Low Austria 7%s '50 unmat coupon on 69% 90 98% Milan 6%s'52 i E 7l Minas Gers 64| Sept coupon oft Montevideo 7s '52 18 | New So Wal Nord Rys 6%s 50 Norway 6s '63 Norway b%s ‘65 Norway 6s ‘52.. Norw Hy EI 6%8 7. Nuremberg 6s '52.... Oriental Dev 5%s ‘58. Panama 6s'63 stp asd | Pernam 78’47Sep ¢ oft Peru 6s°60. . Peru 6s '61 Peru 7s'59 Poland 6s'40. Poland 18 ‘47.... Poland 88 '50. Prussia 6s'62 Prussia 6%s '51 Queensland 6s°47. Rio de Jan 6%s 53 Aug coupon off.. Rio de Jan 8s°46 April cupon off. Rome 6%48°62..... Roumania 7s ‘59 Aug coupon off.. Saarbrucken 6s '53... Santa F Arg 7s "42 stp Sao Paulo Cy 6%s 67 May coupo! ofl. . Sao Paulo St 6 July coupon ofl. . Sao Paulo St 78 '40... Sao Paulo St 7s '56 Sept coupon off.. Saxon Pb W 7s'45... Serbs 7s 62 unm ¢ ng Serbs 8s '62 unm ¢ o Can’'dian Pc 4238 '60 Can'dian Pc 5544 cfs Can’dian Pc 6554 . Cent Br U Pac 4s 18" Cent Dis Tel 5s '43. .. Cent of Ga con §s 45, Cent [IIE& G 63 '51.. Centof NJ 4s 87.... Cent of N J gen 65 '87 | Cent Pac 1st rf 4s"49. Cent Pac 55 '60. Cert’d deb 5%s 48 Chesap Cp cv cl 58 *44 Chesap Corp 6s '47 C&Ogen 4%3°9 C&O4%s'93 A, C&Ocon bs'39. C& O R&A 2d 4s'89.. Chi& Alt rer 3s°49... Chi B & Qgen 48 ‘58, ChiB&Q4%s'77. Chi B & Qret 6s'71. Chi B&QL div 3%s 49 Chi B&QL div 45 '49.. Chi & E I11 65 '51 ChiGL&CH6s'3 Chi Grt W 4559 Ol In & L gen 55 CM&SLP 45 °89. CM&StP gn 4% s CM&StP 4338 '89 Bres CMStP&PEs'l... CMStP&P adj 6s 2000 Chi& NW gn 3%s '87. Chi& NW gn 4s ‘87 st Chi & NW 4348 2087, . Chi & NW 445 2037C Chi& NW 4%5°49... Chi & NW gn bs ‘87 Chi & NW rf 5s 2037 108 & Pgn4s’8s... & P 4s'88 ctfs.. Chi Un Sta A%l'es A. Chi Un Sta bs '44.. Chi Un Sta 65 °63 B Chi Un Sta 635’63 C.. Chi& W 1 con 486! Chi & W 1 6%s '62 C&W11str 5% Childs & Co bs '+ Chile Cop deb &5 '47.. Cin Un Ter 6557 C. . CCC&StL rt 4%s'77B CCC&StL rf 65 ‘63 D. Clev Short L 4%s '61. Clev Un Ter 4%8'17, Un Ter 5s'73 B. Clev U Ter 54872 A Colo Ind ci tr 68 '34. Col & Sorf 4348 '35, Colo & So 4%s '8 Columbia G & E deb 6552 April..... Columbia G & B 6562 May.. Columbia G&E b ll. Com Inv Tr5%s'49.. Con Coal Ma rf 6s '§0. Con Coal Md 5s'60 c!l 97 91 63 105% 21 111% 105 89% 897y 40 100 1051 1003, 177 1213 1101 1038 ING STAR, 105 897 40 100 CumbT & T 6s'37... Del & Hud rer 4s "43. Del & Hud 5%s '37 Del Pwr & Lt 4%s Del P& L 4%s°7 Den G & E 6s '51 Den & RGen ds Den &1 G £ 68 78, .. Det Edison ¢%s ‘61 D Det Edison rf Det Edison 5562 Det Riv Tun 4%s'61, Dodge Br cv db bs'40. Duqu Lt 1st %8s '67. East Cuba S 73%s '37. Erier? 55’75 Fed Lt & Tr 6s Fla EC Ry b Fla ECRYy 53’74 cfs Fran Sug 7%s’42.... Gen Am Inv 58 '52.. Gen Cable 515847 Gen Pub Sve 5%s " Gen Steel C 538 '49 Gen Thea Eq 6s'40. Gen Th Eq 68 '40 cfs. Goodrich 6s '4b Goodrich G ‘4 Goody'r T & R 6867, Gr Tr’k of Can 6. Gr Tr'k of Can GtNRref4%s'61A GtNRgen4%s'76 D GtNRgen4%s'11TE GtN R gen 5573 C. GtNR5%s 62 B. GINRgen7s'36 A, Gulf M & N 55 °50. Har Ry-P C 1st 4s'64 Houston O11 5%5 40, H'satonic con 55’37 Hudson Ceal 68 52 Hud & Man inc 6s '67. Hud & Man ref 5s°57. e 111 Bell Tel 03 “66.... Il Cent coll tr 4s '63. Ill Cent ref 4s '55. 111 Cent 4% 66 1CCSt L NO 4% 1CC& St L NO 68’63 I Cent WL Ist 45 ') 11l Steel deb 43s 40. Ind Nat Gas 5~ "36. .. Inlaid Stl 4% '8 Int R T 1st rf 6s Int R T 6s 32, IntRT7s" IntRT7s ct Interlake 55 '51. Int Hydro El 6s (0. Int Pap 1st 58 '47 A, Int Pap ref 6s°55. IntRofCA6l3s'47. IntT& Tev4lps’dl. Int Tel & Tel ¢4 ‘52 | Int Tel & Tel 63 '55. . Inv Equity 5s'47 A.. Iowa Cent 5538 ctfs. | KanC P& L 4%s 61, Kan C Sou 1st i8 '50. . Kan C Sou rf 1n 6s '50 Kan C Ter 1st 4s'60 Keith 6s "46. Kelly Spr Tire 68 "42. Kendall 63843 ww, | Kings Counly Elev ol Kre!ve Founda 6 ‘36 Lack Stl1st5s'50 A. | Laclede Gas 53 °39..., Laclede G 5% C. ¢ | Laclede G 5%4s'60D. . | Lautaro Nitr 6s ‘54. A LenC&N4ls'54A. | Leh Val Coal 68'38.. . | L'V Pa con 4s 2003. s L VR Recon 55 2003 9% 106% 2 10612 109'~ 85' 973 103 9814 70 7015 103% 1 1 1093 1128, 106% 3484 108% 105 109% 109% 105% 105% 1187 105, | 110% | | Lex & E Ry 5s “ng&M)rSS Loew's 6s '41. 4 | Long Dock 6s " Long Isl ref 4s°49 La & Ark 55'69. LouG& E5s'52 A L & N unif 4s'40. L& N 41552003 C L& N 5s2003 B L&NTIf53hs 20 L & N Atl K&C 4s°55. L& NStL3s'80.... | M'Cro'yS s;s°41nled. | McKess & R 62550, 1st 713542 Manhat R 45°90. . ctfs.. , | Manhat R 4s '30 ctfs.’ Manila RR SL 4539, Market 8t Ry 7s ‘40 A | Mead Co 6s°45. L. | Met Ed 1st rt Mich Cent 333s°52... 3| Midvale S&0 55 '36..., |MIIER&SL5s’1.. MilER & SL rf5s'71 Mil Spa & N W 48 °47. | MStP&SSM cn 4s 38, o | MStP&SSM cn 55 '38. 109' le 42% p 449 1% 3% 105‘/2 % 107% 104% 104 103% 103% 103% 531 B3t 53% 90 62»7 85 93 104 90% 112% 112% llZ‘h 87 uz'/. 102% 81% 85% 93 28% 98% 59 83% 83% 83 111% 39% 39% 106% 106 06 106% 106% 106% 107% 86 107% 86 107% 103% 103% 103% Crown C &S 6s°47 Cuba R R 1st 63 '6! Cuba RRref 7% Cuba Nor RR 5% Cuban Cane P 68 38 33 46 % 106% 106 36% 32% 45 106 38 38 45 , | MStP&SSM bs '38 gtd Mo 111 58 '59 | MoK & T 18t I MoK &T 45’62 B | MOK & T 5862 A | MOK & T ad) 5567, 4 | Mo Pac 48'75. . Mo Pac 5565 A Mo Pac 6817 F Mo Pac 55’77 F etfs. Mo Pac 5s'78 G.... | Mo Pac 55°80 H.. Mo Pac 5s'811. Mo Pac %849 A Mont Cent 6s 37 Mont Pwr ref 55 Mont Tram bs '41. . Mor & Esx 2%s 2000, Mor & Esx 4%s 56.., Mut Fuel Gas 55 *47 Nassau El 4s '51 gtd.. Nat Dairy 6%s 43. Nat Steel 65 '56. Newb'ry (JJ)5%s '40. New E T&T 1st 58’562 New J P&L 4%s'60 New Or T&M 435 * New Or P S 6s'62 A, New Or P S bs '55 B... New Or T&M 63 ‘54 B New Or T&M 5%3 ‘54 N ¥ Brkin&M B 6¢/35. N ¥ Cent 334s°97.. NY NH& H 45°54.... N ¥ Centcon 45 "98... N Y Cent rf 43 2013 N Y Cent rf415s2013n N ¥ Cent rf 65 2013 N Y Cent deb 6535, N Y Centcv 6s '44.... NYC&StL 1st 4s'37 NYC&StL 4%s "8, NYC&StL 6%s 14 NYC&StL 1st 6s '35 N ¥ Dock1st4s’ 51 N Y Dock bs "38 N Y Edison 6544 B... ¥ Edison 68'51C. Y Edis ref 6%s '41. Y G El H&P 45'49.. Y G El H&P 6543, 'YLac&W 1st 4s'73.. NY NH & H 45855 NY NH & H 45°66.... NY NH & H 4567 NY NH & H 434567, NY NH & Hel trés'¢0 NY NH & Hev 6848, N Y O&W gen 48 '65.. N Y O&W ref 4s'92.. Y & Putnam ¢s 93. Rwys inc 68°65.. Rwys 68’66 A... & Rich G 6s’51. . S Rys 4%#'62 cts Steam 1st 68 '61. Steam 5s ‘56 N N N N N 2222222222 M g Norf & W divds’ds.. Norf&W PC&C 4s '41. North Am Co s "61... North Am Ed 65°57 A North Am Ed 6s ‘69 C North Am Ed 6%s '63 Nor’'n Pac gen 3s 2047 Nor'n Pac 48'97..... Nor’'n Pac 4%s 2047 Nor'n Pac s 204 Nor Sts P 1st 5341 2 Ont Pw Niag b= 43.. WASHINGTO! High. Low. 2:55. 106% 106% 106% 80 8% 79% 94 94 108% 103% mln,s 107 107 107 10674 1067 1051. 264 25% 26% & 8 8 615 6% 6% 13% 13 13% 110% 110% 110% 105% 105% 105% 108% 108% 108% 111% 111% 111% 105’/. 105% 105% 104% 105 9% 9% 9% 108 99 2% 581 MONDAY, APRIL Ore RR &N 4s'46. Ore Sh Line 65’46, Ore WRR& N 4561 Pac Coast 5s 46 PacG & E 5842 Pan Am P C 6540 c Pac Tel 15t 65°37. ... Par-B'way 6%3 ‘51 ct Par-F-La 6s'47 ctfs.. Par-F-La 6s'47 filed. Par-Pub 5%s '50 ctfs Par-Pub 534 s "50 filed Penn Dixie C 6s Penn O& D 4%s'17.. Penn RR 4%s8'81D.. Penn RR 4%s '84. Penn R R gn 4%5°65. Penn R R ab 4%s 70, Penn RR4%8°63.... Penn R R 6864 . Penn R R gen bs . PennRR 6% . Penn P& L 4% P Peo G Lt&C rf 55 '47. Peo G Lt&C 63 '43 Pere Marq 4% Pere Marg Phila Co b: Phila El Co 4s'T1 Phila El Co 434 Phila & R C& 1 6373 Phila& RC & 165’49, Philippine Ry 4s'37, Phillips Pet 6%s8'39.. Pillsbury F1 M 65 *43. PCC&StL4%8'40 A.. PCC&StL 434577 C.. PCC&StL 5875 B. ... Pitts&WVa 413859 B Port Gen El 4345 '60. . Port Gen E 4}, 8'60as. Port Gen Ell1st 55 '35 Porto Rico A T 6s°42. Postal Tel & C 98 °63,. PubSEI&G 4s'71... Pub S El &G 43567 PubSEl &G 433870 Pure Oil 6%4s ‘37 Pure Oil 6%s "40..... Purity Bak 5348 Reading Jer C 48 '51.. Reading R 4%8'97 A, Rem-Rd 6%8'4TAww Rep 1&Stl 55 "40 Rep 1&St15%8°53 A, Richfield Oil 63 "44. Richtield O 65 '44 ctfs Rich & Meck 4s "45... St Jo Lead 5%8 41 StJo Ry L T&P Ss St L IM&S R&G St LR M &P 58'35. |StL-SF4s'50A. St L-SF 414s'78. 5a | St L-S F 413878 cf st StL S W 1st Ter 55’52 StPKCSL4%s’4l. | St P M&M ext 5s 43, San A&A Pass 43 '43. Scioto V& N E 45'89. Seabd A L 6845 A Seabd A L 6s Seabd A-Fla 6535 Shell Pipe L 5s'62. Shell Un Oil 6s * | Sterra & SF P 6: u:\ esian Am 7s Sine Con 06115'3! B. SincCon O 7s'37T A.. Skelly Of] 5145 '39. SoBell T& T 5s'41.. 4 .| So Colo Pow 6s 47 A. 100 103%, So Pac col 4549 | So Pac ref 4s'56 | So Pac 4145’68 So Pac 4145 '8 | So Pac Ore a3 So Pac S F Ter 45 '50. So Ry gen 4536 A So Ry bs 94 . fsomhw Bell T 55 '54. 714 | Spokane Int 5s 344 420 115 1215 105 5 10214 1023 60 1115 1074 101 105% 104 1065 | B0 89% | 9Tl 103% 92y 107%4207% 2% 74 14 14y 105’11 lOS'u 8 T3% 104% 104 104 1% 1% 1% 92 91% 91% 107 107 107 e 110 110 tand OII N Y 4% | Studebaker 6s ‘Emdcbaker 6s 42 cfu | Studebaker cv 6s'45. | Tenn Q& C6s'¢4B.. Tenn EIPwr 6s " Term As St L ¢ | Tex Corp cv 58 “44. Tex & Pac §s'77 B... Tex & Pac 58’79 C. ! Tex & Pac §s'80 D Third Av ref 45 ‘60 Texarkana 535 ‘50 Trumbull Stl 6s "¢0 {UnEL&PB5s 57 |UnEIL&PS Un Pac 1st 4s | Un Pac 4s 68 : . 107 High. Low. 2:56. 108% 108% 108% 116 116 116 102% 102% 102% 39% 39% 39% 107% 106% 106% 3¢ 34 3¢ 347 107 107 107 50% 50% 747 ST4% 4% Td% 6 16% T4 4 104% 104% 104% 103% 102% 102% 103 102% 102% 1067% 106% 106% 93% 931 931 106'; 106% 106% 106% 106% 105% 111% 111% 111% 104% 10415 104% 10314 103% 103% 104 10:1?. 103V. 60% 40% 23% 103% 109 111 106 9 | 106'3 102 104% 106'% g 101% 1041 947 27%% 105% 1008, 58 | silver firm, | Un Pac 45867 { Unit Drug 6s'53 8, 1935 T0BE UNOPPOSED Five - Year Whitney Reign Near End as Exchange Posts Names. BY RADER WINGET, Associated Press Financial Writer. NEW YORK, April 8.—The five- year reign of Richard Whitney as head of the New York Stock Exchange was passing into history today The rise of new leadership was signalized by formal posting of nominations at the exchange. Charles R. Gay, who at 59 is 13 years Whitney's senior, has been named by the Nominating Commit- <ee for President, and he is expected to be unopposed at the May 13 elec- | tion Associates of the retiring president stoutly maintain he is leaving the field with full honors, and none de- nies the exchange battled through its most trying time with Whitney at the helm. In May, 1930, he took office, not long after he had given a Florida trip to his barber, Joe Perricone, because | ne refrained from bothering customers * | with sales talks on hair tonic Whitney was vice president during th> historic market break in October, 1929, and was in charge while Ed- uard H. H. Simmons, the president, | out of the city. He battled ugh the day of October 29, 1929, the 16,410,030-share day, which set the all-time high trading record. FEDERAL LAND BANKS NEW YORK. April & () —Pederal Land Bank bonds. NEW YORK BAR SILVER NEW YORK. April 8 35 higher at 62%. High. Low. 2:15 104% 104% 104 ~ 101'\ 89% Unit Biscuit 6s U S Rubber 5347, Utah P& L 55 '44. Utab L& T5s'44 A.. Util P& L 58’59 ww. |UHIP&L6%8'47... 433 Bl 9T 1023, 1033 « 101% Vanadium cv 5= 41.. Ver Sug 1st 7s'42 efs VaRy1st5s'62A... Wabash 1st 58 '39 Wabash 5s '80 D, Wabash 63;s "7 | Walworth 6s 45 Warner Bros cv 6s ‘39 | Warner Quin 6s'39. Warner Sug 1st 7s ‘41 Warren Bros cv 6s "41 | W Sh 1st 4s 2361 gtd. West'n Md Lst 4s '52. West'n Md 5%48'77. . West'nNY&P 1st58'37 WPaP1st58'56G.. West'n Un 41;s '50. West'n Un 5s°51 | WSpstlist7s'35 ¢ Wilson&Co 18t 68 '41. | WisC 1st gen 4s°49.. 106'; 10614 | 2 105'% 105% 112t 1115 1115 | 1017x 1017 1017% WisCS & D ter 4s'36 Youngtn S&T 68’70 B Youngtn S&T 58’78 A () —Bar | ON NEW VORE STOCK DACRATS LIRS CLIMIEN (W A BOND AVERAGES Complled by the Associated Press. COTTON SCARCITY Former Chief of Factory Association Says U. S. Controls Supply. By the Associated Press GREENVILLE, S. C,, April 8.—Cot- | ton is now about the scarcest thing in Dixie, T. M. Marchant, past president of the American Cotton Manufacturers’ Association, said here today. “Mills have difficulty erough cotton for their uses.” chant said. most of the cotton and there is little to be had elsewhere. That is why many mills have so much trouble get- the Government will not sell at the existing figure. “The day of mills buying from cot- ton dealers appears to be over, for cot- ton firms are just about out of business | and cannot get any cotton to sell.” U. 8. TREASURY NOTES. (Reported by Chas. D B‘rn"y A CM | Rate—Muturity 5 o | ! FOREIGN MA;KETS. By the Associated Press | with the “better price industrials and tran: v\v'.l supported. ~Oil The_market c! 'PARIS —Tradin still ng $250,000 WASHINGTON SUBURBAN SANITARY DISTRICT MARYLAND Four and One-Half Per Cent Bonds ion at its office in Washington. D. C on Wednesday the on or before 3 oclock APRIL 17. 1 at which time they wili be publicly opened and read. ~ Proposals sh be “enclosed Bid or s d fice of the Commission before the time above men- These bonds carry all the exemption as to taxes of Maryland M Boi and are guaranteed uncondit both principal and int, and Brince Georse's Countics by & ment on each bond The approving opinion of Masslich & Mitchell. attorneys. of New York City will be furnished to the purchaser without charge Application has been made to the Pub- Service Commission of Maryland for val of these bonds. fied check for $2300 must ac- ny the bid The Commission reserves the right to reject any or all bids. Circular on request and bids submitted rn formation ¢ therein WASHINGTON _SUBURBAN SANITARY COMMISSION T. Howard Duckett Emorv H. Bogley J. Donald_Clagett Commissione lic 801 Tower Buildin. h and K Sts.. N. $162,000,000 Ten-Twenty Year Federal Land Banks Consolidated 3¥4% Bonds Not redeemable before May 1, 1945 Dated May 1, 1935 Financiers Offer $5,000,000 Bonds Of United Biscuit | By the Associated Press. New York, April 8—Banking in- terests are offering an issue of $5,000,= | 000 United Biscuit Co. of America § | per_cent debenture bonds, due 1950. | The proceeds will be used for re- tirement at 1032 of $2,980,000 6 per cent debentures and the cancellation of other corporate indebtedness, Any balance remaining may be used for construction, expansion or ime provement, it was understood in finan- cial quarters. | ‘n in buying | Mar- | “The Government owns ting enough to supply their needs, for | ¥t Is Yours? A certain utopian plan has millions of followers. It would. $200 a month when you get to be 60 is something to anticipate—especially since it must be spent. Nearly 120,000,000 people in this country like to spend money and to get something for nothing. But economics are eco- nomics, and he is a wise man who makes his own plans for the future. Being disillusioned at 60 can be little short of tragic. Get the facts about the PROVIDENT PROVIDOR . . . You will find that you can guarantee for yourself an income of $200 a month when you reach the age of 55, 60 or 65. What's more you don’t have to spend this month's check before you get the next one. You can save every cent of it if you want to, or you can light your cigar with it, or change it into pennies. It's yours! If you die before youreachthe age when your income starts, your family gets $20,000. You'll find the future much brighter by being one of the thousands who have accepted the PROVIDENT PROVIDOR than by being one of the millions who are hoping against hope. | HERBERT 0. McLEAN & Assosiates 418 Southern Building Washington, D. € PROVIDENT MUTUAL LIFE INSURANCE COMPANY OF PHILADELPHIA —Founded 1865 Due May 1, 1955 Principal and semi-annual interest (May 1 and November 1) payable at any Federal Land Bank or any designated agency. Coupon and registered Bonds interchangeable in denominations of $10,000, $5,000, $1.000, $500 and $100. Eachanges of coupon Bonds for registered Bonds and changes of registration may be effected at the nv-oneflmxdemmcy Treat sury Department, Washington, D. C. Redeemable as a whole or in part on any interest date on and after May 1, 1945 at 100% and interest. The Supreme Court of the United States has upheld the constitutionality of the Act creating the Banks and the provision exempting their obligations from Federal, State, municipal and local taxation. The exemptions include exemption from surtaxes on income from the Bonds. The transfer of the Bonds by inheritance or gift, etc., is subject to taxation under any applicable valid laws providing for the taxation of transfers of personal property. States, including New York and Massachusetts. On behaif of the twelve Federal Land Banks and under the direction of Charles R. Dunn, their Fiscal Agent these Bonds are offered at: 100%% and interest, to yield about 3.16% The Bonds are eligible for investment by savings banks under the laws of a majority of the ‘The proeeeds of this issue of Consolidated Bonds, together with cash on hand, are to be used to retire the $162,515,960 5% Bonds of the individual Banks which are being called for payment May 1, 1935. o the first redeemable date (May 1, 1945) and 3.25% thereafter to redemption or maturity part payment for Definitive Bonds will, it is expected, be ready for delivery May 1, 1935. To the extent that holders of 5% Bands cafled for redemption agree, prior to the closing of the books, to surrender them an the payment date at 100% of their face value in these Consolidated 31{ % Bonds, they are to receive, so far as practicable, preferential treatment. Copies of the circular of the Federal Land Banks describing these Bonds may be obtained from any of the undersigned: Alex. Brown & Sons The Chase National Bank of the City of New York Gnmnty‘ Lru:t;& Company The Natio:.al 1h(;kity Bank Edward B. Smith & Co. The First Boston Corporation Brown Harriman & Co. Incorporated Lee Higginson Corporation