Evening Star Newspaper, April 10, 1935, Page 19

FINANCIAL, : THE EVENING STAR, WASHINGT : E ' wer A e ee———————————— e e e e D et I S et e i Y . > NEW YORK STOCK EXCHANGE CORPORATE BONDS ‘GAIN MODERATELY Utilities Are Only Exception. Federal Issues Firm and More Active. By the Associated Press. NEW YORK, April 10.—With the exception of utility issues, the cor- porate bond market showed moderate improvement today. and mostly higher. Gains ranging from minor frac- tions to a point were shown by Ar- mour & Co. 4!:s, Canadian Pacific 4s, Chile Copper 5s, Erie 5s, Missourl Pacific 55 and Nickel Plate 4%s.! Smal losses occurred in Columbia Gas 5s, Pacific Gas 5s and Postal Telegraph 5s. United States Treasury 3!s of 1941 led other Government loans moder- ately higher with a gain of 5-32ds at 107.26. Liberties and indirect ob- ligations were a trifie backward. The foreign department was unsettled by a l-mint drop in Italian and Polish U. 5. STEEL REPORTS SHIPMENTS GAIN| Finished - Products Total 84.919 Tons in March to 668,056 Level. By the Associated Press. NEW YORK. April 10.—The United States Steel Corp. announced today that its shipment of finished steel products increased 84919 tons in | March to 668,056 tons. Pebruary shipments were 583.137 tons, while those for March, 1934, totaled 588,209 tons. For the quarter ended March 31 the corporation’s shipments totaled 1,785,248 tons compared with 1,305,486 tons for the like period of last year. The floating supply of United States Steel Corp. eommon stock decreased slightly during the quarter ended March 31. As measured by the amount of stock held in brokers' names it was 1,683,237 shares at the end of the | quarter, against 1,691.456 shares at the end of December. The total issue | outstanding amounts to about, 8,703,- 000 shares. INVESTMENT TRUSTS NEW YORK. April 10 Jp.—New York Becurity Dealers' Associations 5 (Noon quotations.) . Bid. _Asked. Admin Fund ww S ar Ak Am Bankstocks Am Business Shrs Bullock Pund Cumulative Tr Sh Corporate Trust Corporate, Trust A A Corp Tr A A mox . Corporate "Trust Accum Ser Corp Tr Aceum Ser mod. . Depos Bk Sh Y Deos Ine Bhrs ~a+ A Diversified Tr C Dividend Shrs Five Year Pixed Tr Pixed Trust sh "nu 1 1718 Y Coll “A - Iavestors Pund of Am Inc Mass Invest Tr d ion Qu-rlerly Inc Shrs .. Selected Am Sh Selected Am Sh_Inc Selected Cumul Sh Selected Income Sh . Spencer Trask_Fund SUBE Ded Bt Trust Pund Shrs Trusteed Indunry 8hrs Trusteed N k Shrs. . Tritiged Am BE 2 CHICAGO LIVE STOCK. (United States ). —Hogs, 14.- o, iletit R 158N 140-160 160 and cn'me light “weight od. pounds. AR .40 od" and holee 1005140 Tpomane: & £ Cattle. R.000: calves. 1.500: fed steers | :{x%nye:rlmumvegy uneven <8LIONg to 25 higher: others mostly steady: bidding lower on in-between grades: better- ;Erade neifers and good cows strong: other #&he stock slow about steady: bulls steady: Yealers sirong to 50 bigher; selects up to .00; top 1,213 and pound steers, 15.00. new high znm cattle and teers good and choice. 550-900 choice. 500-750 Sgmmon and medium. vealers, )0; ' medium. cull ‘and ‘' common. 4. feeder cattle; st s 0-L050 pounds. s Jnon and medium, Sheep. : fat lambs fairly active, : %ood to choice woolskins, . according to Juality and weight: on choice 92-pound welghts to choice yearlings, 6. [t Pk 50; zwu, 90-150 d_and choice. '3 and medium 0-76 pounds. FEDERAL LAND BANKS NEW YORK. April 10 (P.—Federal Land Bank: (Quotations as of 2 o'clock.) 1. 10000 02 - dois RRRST2S2T 3z 252 PEFTITTEIES, . 3 (Reported by Chas. D. Barney & Co.) ate—Maturity 3 T 2353355252 EAEE Ehi PEPPDDEDOE BESE0S 8tk b 2 s FREIGHT LOADINGS. glc“onal April 10 0, Revenue r The week ended ADri 6 Incraded: Nesk, Previous Last BEpassse, BERSRER: United States |3 Governments also were more active | Rises i | con Ag 6138 58, | Helsingfors 61;8 '60. 51 | Lombard El 7s'53. ., . few specialties | BONDS ON By private wire direct to The Star. LIBERTY. 4 High, Low. 2:55. l“l 1932-41..... 101 8101 7101 7 , reg. 101 5101 5101 5 8 32-47. 10115 10114 10114 ].!l "i' 32-47reg 10112 10112 10112 4th 4% 8 1933-38. . 10224 10223 10223 TREASURY. 27%51955-60.....10122 10119 10119 38 1946-43, « 10321 10319 10320 38 1951-56. 10326 10324 10324 3s1951-65 103 20 103 20 103 20 10421 10421 10421 104 21 104 20 10420 10726 10724 10726 i 10522 105 18 105 20 940-43 June 107 17 10716 10716 1 1941-43 Mar. 107 16 10716 10716 943-4' 107 2107 2107 2 « 110 6110 5110 6 { . 11123'1111% 11118 4%8-3%51943-45 10528 10524 10528 4%®1947-52..... 116 6 116 3 116 3 FEDERAL FARM MORTGAGE. 381947 +102 10131 10131 1949 10128 10127 10127 13% 81964 + 10328 10324 103 24 HOME OWNERS’ LOAN. 2%81939-49 + 10010 100 7 100 7 381952 10130 10126 10126 951..... 10028 10028 10028 FOREIGN BONDS. Abitibl Pa&Pw 68 ‘63 Akershus 6s ‘63 Argentine Argentine §: Argentin | Argentine 6s '60 Sept. | Argentine 6s'60 Oct. . Argentine 6s ‘61 Febr | Argentine 65 °61 May. Australia ¢34s ‘5 Australia 68°56. 935 93% 3% 931 93% 96 102 102% 101 80 105% 105% 105% 99% 99% 99% 106 106 105 103 102% 10z 7 2713 28 Berlin 6s '5! Berlin 6245 '50. Berlin Elec 6148 '59... Bolivia 75 ‘58 | Boitvia 75 °69 Bolivia 8s 47 Brazil 6348 '26-57. Brazil 6%s '27-67. | Brazil 78°52, . ! Brazil 8541, Bremen St 7; Brisbane 6s'57.. Brisbane 55’58 | Brisbane 6s '50 Budapest 6s '62 unmat cou on. . BuenosA Cy 6s 60 Oc. Buenos A 63 '61 at Pv ! Buenos A 6%#'61stPv BuenosA Cy (l;h '85.. Bulgaria 7 July coupon oft. 24% 26% 263 31%, 39% 9y | 917y 99 26 26% 31% 39% N4 917, 99 33% 821y 547a 55 884 16 106% 103 11y 10 338 821 5 5% 883 16 105% 106'% 103 103 lll'\ 1% | Cauca Valley 7355 '46 | Chile 63°60... 1 10 4 | Chile 6361 Jan. 11 | Chile 6561 Febr i Chile 6561 Sept.. | Chile Mtg Bk 63°61. Chile Mtg Bk 6 Chilean Mun L 7s 60, Christiania 6s '54. Colombia 6861 Ja: Colombia 63 ‘61 Oc Col Mtg Bk 75 '46. Col Mtg Bk s '47..., Copenhagen 4143 '63. Copenhagen bs ‘62 Cuba 5%s ‘53 | Cund’amar | Czechoslovakia §s ‘51 | Czechoslovakia 8s '52 | Denmark ¢ % Denmark 6%s 55. | Denmark 6s '42 | Dresden st 75 ‘45 101% 101% 40 40 9% 95 45 106% 1027% 25% 25% 180 | Finland 6s "45 Finland 6%s Frankfort 6355 ‘5. French Gov 73%s ‘41.. —— Ger CBk A 6s'38..... 391 ! Ger Prov & City Bk | 40 28 374 | 11454 | 921, 28 Gor Gov 5%5°65..... { lvor Rep 7s°49. 7 | GriCElJap7s’ u . [Greek Gov 6s '68..... —_— Haitl 6s°52 8413 102 — liseder Steel 63 "48. .. { ltaly 18°51. (Ital PUCrd 7s'52.., Japan 5345 '65. Japan 63%s54.... | | Jugos Mtg Bk 7s Oct coupon on. .. " Kreu&Toll 68'59A efs Low Aus H E 613844 Met Water 548 °50... Mex 45 '10-45 asst 5., Milan 648 °52... | | New So Wales 55 °'57. New So Wales 5s 5! Nord Rys 6%s 50 Nor Ger L1d 6s 4 Norway 6s '63 | Norway 6%s ‘6| i Norway 6s "43 Norway 6544 Norway 6s'52... 100% 100% 991, 991% 157% 167% 13 72% 101 100% 101% 101% 105 104% . 105 104% 103% 108 103% Oriental Dev 6%s'58. 79% lfi‘g 79% B2% Net change Today, 1 pm. .. Previous day . Month ago Year ago 1935 high 1935 low 1934 high 1934 low 1932 low 1928 high ‘Today, 1 p.m. Month ago 1935 high . 1934 high .... 1928 high . AmESmelt &R 4 Am Wat Wks bs Gl... Am Wat Wk 76, Am Writ Pap Ann A 1stexin . Armour& Co ¢%s 'll Arm of Del 6348 '43. Armstrg Cork A T&S Fe d%l ‘48 AT&SFeCA 4% A T&SF TCSL 4s Atl Coast L 1st 43 Atl Coast L clt 45 '63.. AtICL un 4%s'64.. Atlantic&D 1st 4 *48. AtlG & W 1565°69.... Atl Refin deb 55 °37 Baldwin Loco 58740 ‘4 & & Oref 6s'95C. & O ret 552000 D... B & O Swn 63 ‘60 B & O Toledo 4s ‘69... BOND AVERAGES Complled by the Associated Press. 20 Rails. 10 Indust. +.1 93.4 933 929 89.3 95.9 9232 92.9 73.7 40.0 98.9 10 Low-Yield Bonds. 109.8 109.5 1103 High. Low. 2:55. 102% 1024 102% 108% 108% 10x% 112% 11214 112% 112% 112% 112% . 113% 113% 11315 931 931 931 78 17 174 20% 20% 20% 656 55 55 103% 103% 103y 104% 1045 1047 3% 103% 1037% 103 103 109% 109% 106 106% 110 110 108% 109% 984 984 7% 83% 834 3L 31 39 39 107% 107% 101 100% 98% 98y Bang & Aroos 4s ‘51.. 3 BellTof Pabs 43 B Beneficial L 6s 46 Beth Stl p m 6s " Beth Stlrf db 5s Bos & Me §s'55. Bos& N Y A L 48'55. BkiynCy R R 55 '41.. Bklyn Edis bs 49 A, Bkiyn M T 6868 A. Bklyn Un Gas 53°45 Bklyn Un Gas 5350 BuRGE4%s'81B... Buff R&P con 434 ‘67 BCR& N 5s'34 ctf. Bush T Bldgs b8 Calif Packing 5s 40 | Can'dian Nt R 435956 Candian Nt R 43%4s'67 Can'dian Nt R 434s 63 Can'dian N!Sl:‘fi.llll! | Ca | Can'dian Nr db6%s'46 | Can'dian Nr db 7s *40 Can‘dian Pc dbssperp Can’dian Pc 414s 46 Can‘dian Pc 448 60 Can'dian Pc 58 Can'dian Pe bs ‘b4 Caro C1 & O 5538 Cent of Ga 53'63 C Cent Hud G&E 58 '57. Cent 11l E& G 55 51 Cent N E£ng 4s 61 Centof N J 45 37. Centof N J gen 65 '87 Cent of N Jgn5s'87rg. Cent Pac 1strf ¢s 49, Cent Pad 53 ‘60 Cent R R B Ga 5s'37. Cert'd deb 5%s ‘48 Chesap Cp cv cl bs Chesap Corp 58 47 C& O gen u/, 2 C&O¢lyis C&O4%s" 95 B.. C& Ocon bs'39 Chi & Alt ref 3 Chi B & Qgzen ChiB&Q¢}s 11 Chi B & Qref 5871, | Chi B&Q1 div 3%s 49 | Ch & 15 111 55 °6N. ... Chi & E 111 58 '51 ctis, Chi & E 11l con 68 '34 ChiGL&Cbs Chi Grt W 4s°'59 | Ot Im & L gen 5. CM&StP gn 3’15 89B 1 CMStP&P 24) b3 2000 Chi1& NW gn 3%s '87. Chi & NW gn 43 '81... Chi & NW 4%s 2037 Chi & NW gn bs 87. Chi& NW rlbst & Prt 4s'ddet., &P4%s'60.... &S 1stbs “.- Chi& W 1 con 48°'63 Chi& W 165%s°62 CaWl istrf5% Childs & Co bs Chile Cop d Cin Gas E1 Cin Un Ter 5357 C. .. Oriental Dev 65 °53. .. OsloG&E58°63..... —_— Panama §%s'53. Pernam 7847 Peru 63" Peru 636 Poland 6340, Poland 7847, Poland 33 °50. Prussia 6s°52 Prussia 6%s ‘51 —— Queesiand 7s°41..... 107% ———— 3% Rhinelbe Un s u... 62.. 40% Rhine W El P §: May coupon off. . Rome 61,8 '52 Ruhr Chemical 6s '48. | Roumanta s *59 Aug coupon off. . ——— Sao Paulo Cy 63%s 57 May coupon off. . Sao Paulo St 78 °40... Sao Paulo St 7s ‘56 Sept coupon off ... Saxon Pb W 6148 '51. Saxon Pb W 75 °45... Serbs 7s '62 unm ¢ on. Sydney 6%s '65. . —e Toho El Pw 75755 Trondhjem 5%s °5’ ——— Ujigawa EP 18°45... Un Stl Wk 638 *47 Un Stl Wk 636861 A. Un Stl Wk 634851 C. Uruguay 6s '64. —_— Warsaw 7s ‘8. Westphal El P 6s Adams Exp Alleg Co:: 58 '50 ltl. Allfs Chalm 65°317.... 100% 59 85 Am & For Pw 53 20! Am Ice cv 58 ‘53 Am Roll M 68 DOMESTIC BONDS. Abr & Strau: i%.-'cl l(l:‘ 104% 1041 12% 11% 12% 100% 100% Am Beet Sug cv 65’40 1013 l:;% 101% 81 106% 106% | Fed Lt & Tr 6: 90% 90 <107 104 104 Ft W&Den 1sthi4s'6d CCC&StL rf ¢ % s'717E. CCC&StL rf 55 '63 D. | Clev Un Ter ¢%s'77, Clev Un Ter 53 '1:15. 100 105 15% 8 Colo & So 4%;8 '80. Col& Sou 4% s'8vasst. Columbia G & E deb 55°52 ADril..eeen Columbia G & B 63 '62 May . Columbia G&E b . Col R P L 18t 4%s ‘67 Com Inv Tr6%s'49.. Con Coal Ma rt 6i 5% | Con Coal Md 65’50 ch ConGas N ¥ ¢ Con Gas N ¥ b8 i ConG N Y db 5% Container deb Container 6s Cuba R R 15t bs '62. Cuba Nor RR 5%s "¢3 Cuban Cane P 63 5 Cumb T & T 68°37... Del & Hud ref 4s “43. Del & Hud 5%s ‘37 Det Riv Tun 4%s'61. Dodge Br cv db bs'40. Duqu Lt 4%s ‘67 B Duqu Lt 1st ¢ %8 East Cuba 8 7%# '37, ETV&Gacnés'ss.. ElIP&S "r'l! 65’65, 83 Erie Gen Riv Erie & Jersey 58% 84 90 |Fla ECRy 110% 110% 103% 103% 107 107 69 69 24% 29% 91 91 109'; 109% 106% 106 19 119 10514 105% 111 111% 111% . 103% 103% 108 108 7 6% 107 107 857 BAY 53‘. a’i 3 lo‘t 102’- 99 988, 9% 984, 1% 0% 5312 83 8% 1% 104% 103% 103% 103 1 117% 10 109 109% 1098 37" 3 109 108% 1053 104% 111 110t 105% 105% 619 5% 105 21's 5% 10' 1074 107'% 107% 111% 111% 111% 9% 104 821 105% 111% 8% 3814 106% 105% 111% 111% 38% 38 38 38% 106 105% 106 105% 106 106% 106 106 107% 107% 107% 87 87 87 102% 102% 102% 106 105% 106 103% 103 103 362 364 36% «m 45% 45% k) w 1064 10615 106% 8% 8% uw. 110% 110% 106% 106% 106% 107% 107% 107% 108 108% 108% 105 108 105 11% 10% 11% Previous day Year ago 1935 low . 1934 low 1932 low . High. Low, 31% 31 104% 104% 102% 102% 4y FranSug T4s"42.... Gannett 63 °43. Gen Am Inv 58°52. .43 Gen Cable 634847 Gen Steel C 6% Gen Thea Eq 68 Gen Th Eq Goodrich 108% 108% 104% 10435 85 85 18% 184 105% 105% 8% 9uy 67% 6714 7% Gould Coup Gr Tr'k of Can GtNBref4%s'6l A, GtN nnnc%n"lln GtN Rgen4%s"7 B GtNRG6%8%3B.... GtNRgen 78’36 A... Gulf M & N 5850 Guf M&ENGY Houston Ol 63%s'40. Hudson Ceal 58 5. . Hud & Man inc 53 °57. Hud & Man ret 111 Bell Te1 o3 ‘56 111 Cent coll tr 43 Il Cent 438" 2:565. 31 1044 102% 1088% 104% 4 108'% 6815 49% 95 1% 545 587 » 107% IntRT7s I IntRT17s'32 ctts Int Ag col 6s ‘42 stp. Int Cement §s "43 Int Gt Nor 63 '56 B, Int Gt Nor 58 '56 C. Int Gt Nor 65'52 A. IntG N ad; 6s 5! Int Hydro El 6844 Int Mer Mar 6; int Pap 1s Int Pap ret % Int Tel & Tel ¢ 348 5! Int Tel & Tel 63 '56... Inv Eq5s'48 Bww Inv Eq 5348 B xw. KanCFS& M 43'36,_ 34% 34% KanCP 3 105 112 111y 74 3% 60'5 60 106'2 106% %s Kan C Sou 1st 35 '80. Kan C Sou rf in 2% 42, 52 Kings County Elev 4 100 103'5 103% D, LE& Wn 1st 63 '37 Lake S&M So 3%, Lautaro Nitr LV R R con 6s 2003 Leh Val Ter 58 °¢1. Loew's 6341, Long Dock 6s Long Islref 4549, Long (sl deb 5 Lorrillard 5s°51, La & Ark 6s'69 LouG& E5s'52A, L & N unif 4s *40. 10214 102 « 103'4 103w « 113% 1134 597 111% 106% 100% 106'a - 107% 107% 105 104 89 —_—— M'Cro'yS s%s'41flled. i 97 McKess& R 5 Manati S 7%s'42stpd. Manati S 978 1758 175 633 71 15 Market St Ry 1- 40 A Mead Co 65°45. . 864 854 Met Ed 18t 1T 434863 101% 101% 101% 101 Midvale S&O il '3 MIER&SLGb6s" Mo K & T ad)j 68 '67 Mo Pac 48°76. Mo Pac5s°65 A.. Mo Pac 55 '65 A ctf; Mo Pac 65’11 F Mo Pac5s‘17 F Mo Pac 5s '7l G 1061 106% 106% 5 2! 85 66 9% 74 60 59% 115 115 116 116% 115% 115% 92U 92 924 10 10 10 104% 104% 104% 1.0% l.O'a Mont Pwr ret Sl 43.. 104% 103% 76 Mont Pow 63 ‘63 A. Mont Tram bs ‘41 Morris & Co 4% °3! Mor & Esx 238 2001 Mor & Esx 58 '65. Murray Body 6% 102 NashC&StL4s'78.. 90 76 93% 931 . 95% 954 102 20 104% 104% 87% 54% 881 87y 95% 9914 28% High. Low. 2:55. Nor{&W rcwu *41. 107% 107% 107% % 9% 9% 83% 82% BM 2047.... 944 93% 93% Nor 8ts P 1st 6841 4 106% 106% 106% Ogden L € 4548 33 38 33 b Ser 7 111% 111% 111% 117 116% 117 102% 102% 102% 84% 84% 84% 106% 106% 106% 99% 99% 99% 106% 106% 106% 110% 110% 110% 34 34 34 50 50 1% 1% 8% 9 20% 8% 27 117% 117% 117% 103% 103% 103% 76 5% 76 104 104 104 103 102% 103 103% 102% 102% 116 116 115 Par-Pub 6%s '50 ctfs Par-Pub 535 '50 filed Park-Lx 6%s '53 ctf. Parmelee 65 '¢4. Pathe Exch 8 '37 Penn Dixie C 106 106% 106 11 11 1 10415 104% 104% 103% 103% 103% 104% 104% 104% 115 115 16 Penn R R gen 53 PennRR 6%3 '3 3 81% 8l1% 81% 110 110 110 109% 109% 109% 89 87y 87% 107 107 107 109% 109 109% 3815 38K 384 23% 23% 23% 1037 103% 103% 105% 106% 105% 12 112 112 112% 112%4 1124 59% b59% 59% 69 5813 59 4% 43 43 108 108 108 10815 1084 108% 109 108% 109 101 100% 101 100% 100% 100% 85% 85% 85% 99% 99% 99% 106% 106% 106% 102 1017 102% 951 N 943 691 69 69'y 9% 9 9 34 3¢ 105% 105% 105% 100% 100% 100‘: 59% 2 Phila B&W 4%s5 7 Phila B&W fl“'l Phila Co 55 67 PCC&StL 6575 Port Gen El ¢35 Port Gen E ¢%s' Postal Tel & C 65’53 PubSElI&G ¢s'T1 PubSEI&G 4% PubSEI&G 4%s'70 Pure Oi1 5%s'37 Pure 01l 538 "¢0 Purity Bak 6348, Reading Jer C 4s°61.. Reading R 413397 A. Rem-Rd 53%48 '47TAww Rep [&St15%8 53 A.. RG W 1stexin4s'3y RIA&LI1std4%s 34 Rutland RR 4138 '41. St Jo Lead 5%s'41 StJo Ry L T&P §s'31 St L IM&S R&G 4333 StLR M & P 55’56 StL-SF 45'50 A StL-SF4%s'78 StL S W 1st Ter 58’52 St L SW gen rf 68 '90. StPCtRCbs'37 StPCtRC5s 37 g ul. Shell Pipe L Shell Un O1l bs Sierra&SF P 103% 103 4 109 103 SineCon O 7s'37A. 102 2% | Skelly Oil 5% ‘39. 103'% 99 61% 61 102 99%, Bl 66% 2365 43k 106% 10415 « 102% 101% 101% 1024 103% 113% 60% 111% 106% 100% 10618 107% 104% 89 17y 5% |UNEL&P68°67.... 8: 101% 101 lD'{"l 76 98 103% 93% 951 102 90 Nat Dairy 6%s '¢3... 103% 1034 ll)lk Nat R,M 1st4s ‘5lasst Nat Steel 63 "5 106% 106% ums Newark C Gas 65 48., 117% 117% 117% Newb'ry(JJ)5%8 40, 103 1021 102% New E T&T 4%, New E T&T 1- New J P&L ¢% NewOrPS6s'62A. New Or P S 63 66 B. New Or T&M 435 '56. New Or T&M bs ‘64 B. New Or T&M %8s '54, N ¥ Cent 3%5°97. N ¥ Cent ¢s°42. N ¥ Cent con 45 '98.. . Y Cent rf 4%s 2013 Y Cent rf4 14820130 ¥ Cent rf 55 2013.. Y Cent deb 65'35. N Y Centov 6s ¢4, NYCLSh3%s'98 N N N N 67‘6 21 '61.. 117% 117% 117% 63 121% 121% 121% 100% 100‘5 100% 68 68 21% 81% 81% llu 101% 100% 1001 55% b54% 55 64% 63K 647 55% 65 634 634 63% 445 a4l 27222 K QoE DoEE k & 55595495 222222 g g P 2 i 3 % », (] - (3 22222 " n £ H orf Norf Nort&' ‘P 101 27% 28 56% 443 109% 108% 108% 51C 109% 108% 109% is ref 6%4s 41, 113% 113% 113% 1 H&P €3°49.. 112% 1121 112% ] H&P b8 48, 121% 121% 121% 101 274 28 fWe-t'n Un 6560 SoBellT&T 5 So Colo Pow So Pac col 48 So Pac ref 4s'5b ‘41.. So Ry St D div ¢ 51 Southw Bell T 53 '5¢. Stand OiI N Y ¢%#'51 Studebaker 6s "42. Studebaker cv 6545. . —_— Tenn C& IR R 5s'51. Tenn EIPwr 6547 A. Term As St L 48°53.. Tex Corpev s ‘44. Tex & Pac 63 '17 B Tex & Pac 68 C Tex & Pac 53 Tex & P MPT sx/. 64 Third Av ref ¢s ‘60 Third A ad in ex 55’60 Toronto H&B 45 °46. . Truax T C 6%s 43 Trumbull Stl 101% 101% 106 106 106 UnEIL&Pb5%s 54, Un O Cal 5s ‘15 rl ww UnOCal Un Pac 1st 48 41 Un Pac 45 °68 Un Pac 1st 1! Un Pac ¢% Unit Biscuit Unit Drug 6s'l U S Rubber bs ‘4 UnivPipe &R Utah L& T6s'44 A.. Util P& L6359 ww.. UtilP&LE%8'4T... 102% 102% 102! 118% 118% 118 11244 111% 1124 102% 101% 102% 106% 106% 106% 1041 103% 104% 1043 1041 104% 20% 90 90 2% 27% 83% 831 3615 39% Vanadium ev Va EI&P 5%s "44 Va Mid gen 5s°36. 3% 1121 11215 11215 102% 102% 102% 106 105 105 111% 1114 111% 0% 70 704 Va Ry 1st6s8'62A... Va S W con 5 ‘Wabash ¢% ‘Wabash 1st & Wabash 2d 5s°39 Wabash 6. Wabash §s ‘80 D. Wabash 63%s'75. Walworth 65 '¢5 Warner Bros cv 6s Warner Quin 6s'39. . Warner Sug 1st 78 '¢1 v 65 ‘41 145 s 2% 104% 104% 104% 3815 37 37" a 56 G.. 1081 1085 108% W Sh 1st ¢s 2361 gtd. 76% 751 76 w ob 658 '44., 106% 106 106% 2. 93 92% 93 West'n MA5%4877... 99% 991 99% West'nNY&P gn 45°¢3 105% 105% 105% West'nNY&P 1st58'37 106% 105% 105% West'n Pac 53'46A 270990 an West'n Un 4348°50... 864 86% 86u West'n Un col tr 55’38 103 103 103 West'n Un 6s°61. 87 87 87 86% 86% 86% 95 1024 9% 9% 9% 36% 36l 36% 41. 1087 108% 1087% WisCS&Dterdn’3s 4% 4% 4% Youngtn S&T 68’10 B 92% 92% 92% Youngtn SET 58’78 A ¥2% Y2% 923 _— SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) »d. 3 Alits-Chatmers o: £5,1037. 100% ol I 683 Q@ 106% 106% 105% | RAIL HOPES BASED ON CAR LOADINGS Investment Quarters Watch Closely as Total Stays Above Last Year. BY RADER WINGET, Associated Press Pinancial Writer, NEW YORK, April 10.—Railroad investment quarters have pinned their hopes for greater earnings on an increase in freight traffic. ‘Weekly reports on car loadings, in- dicating revenue to railroads from hauling freight, have assumed an in- terest equal to that shown in the eventual fate of the railroad retire- ment act and the battle which some believe may develop over wages. In the 13 weeks that car loadings have been reported this year there were eight increases, compared with 10 increases for the same period last vear, but the latest weekly total was 617,000 cars, against a comparable 1934 total of 608,000. Some analysts, however, discount past actions and contend the trend of freight move- ment in the next few months will be of more importance. Rate Increases Qffset. Enthusiasm over the recent Inter- mu Commerce Commission decision authorizing freight rate increases of some 385,000,000 a year was dis- ration April 1 of the 10 per cent wage cut which went into effect early | in 1932, The new rates, expected to become effective April 18, will run to June | 30, 1936. Benefits, it was pointed out, | will be mostly to Eastern roads, espe- cially those having heavy coal shlp-v ments. Restoration of the last portion of the 10 per cent wage cut added about $156,000,000 to $160,000,000 to the an- | nual wage bill of roads, most of which | was being paid by the roads at the | start of 1935, It has been conceded in some Wall | Street quarters that carriers will ask‘ for a 10 per cent (some say a 15 per cent) wage cut May 1, although the | freight rate addition has been cited as A potent weapon of labor chiefs in | fighting the proposal. Await Court Decision. | B Both rail officlals and labor leaders | are awaiting the decision of the Su- preme Court on the retirement act. If | the act is upheld, the roads will have an additional expense of about $60,- 000,000 a year, which could be cited as | & reason for a wage reduction; on the | other hand, labor leaders are expected | ! to utilize an adverse decision as an | argument against any cut proposed. The railroads are attaching impor- | tance to decisions of the Interstate Commerce Commission on extensions | | of loans and new loans from the Re- construction Pinance Corporation. Of- ficial announcement was made this week of the Interstate Commerce Commission’s decision to extend Re- | construction Finance Corporation's | loans of the New York Central and | Baltimore & Ohio and grant a new | loan to the B. & O. The Reconstruction Finance Cor- poration has indicated its willingness to help carriers over temporary handi- caps, provided, however, adequate se- | | curity is available, ———— DIVIDENDS ANNOUNCED YORK. April 10.—Dividends de- ties Corp.) . Stock. - Stock of Pay- Rate. riod.Tecora. aoie. 0., 4-20 b Regular, Bourjois Ine $2.75 | Kress (S H). 5-1 415 Chain’Siore Invest Corp $6.50 pf. ., ‘Colnmn Trust Co Corcoran-Brown """ * Great P Rafls Dredse Kress (8 H) & Co.. Do.. spec Df. . .13 | Lone Brar Gas 6iaci Logse- wne-' mmm 501 Do.. 1. Nelsnér Bros iric bt $1 Quar, Income Shrs Inc Republic Iny Fun [ steln ) & ) | ontor Bag & B .51 Q 3 Ea 00 ol O 000D DOO O 4 NAMED TO RAIL BOARD. NEW YORK, April 10 (P).—E. A. Railroad, has been elected a _director to fill the vacancy caused by the death of LOANS AT 59 ntewn eentr Also 1 Qeac[y Monev plus steady income: The Bulldlng & Loan Plan of Saving —is the ideal plan...the PROVEN plan! Has withstood all the financial storms of the past century! ® It provides the means of saving on | a steady, easy schedule, which wage earners will not find burdensome. invested right here in this community ...on occupied HOMES, conserva- tively appraised...not remotely away. ©® Come in and learn fully about the “Ideal Plan” of saving. We Pay 5%, Compounded Semi-Annually from the date of payment to the date of withdrawal ® You can open a Savings Account with ONE DOLLAR, or more...and you'll always find, at “The Pidelity,” & friendly spirit of helpfulness and co-operation, The Fidelity Building & Loan Association MAIN OFFICE, 610 13th §t. N.W. counted in Wall Street by full resto- | & NEW clared (prepared by the Standard States- | Gay, secretary of the Northern Pacific | ® Your money is safe, because it is | Demand Is Brisk For New Federal | Land Bank Issue By the Associated Press. NEW YORK, April 10.—It was gen- erally understood in investment circles that between $130,000,000 and $140,- 000,000 Federal Land Bank 5 per cent bonds were turned in for exchange for the new 3% per cent issue before the books were closed yesterday. This would leave only $25,000,000 or | $30,000,000 available for ailotment to | cash subscribers, who were understood | to have submitted applications for | more than three times the total | amount of the new issue. | The new Bonds were actively traded in on a “when issued” basis yesterda; and ranged between 1015% and 1017 | during the late afternoon over-the- | counter market. Waslungton Exchangei SALES. Washington Gas Light Co.—25at 58Y. Lanston Monotype—10 at 503, 10 at 501, 10 at 5035, 10 at 50%, 10 at | 503-. 10 at 50 10 at 50%4. AFTER CALL. Lanston Monotype—7 at 50, 50 at 50, 10 at 50. City & Suburban 55—$1,000 at 85. BONDS. Bid and Asked Prices. PUBLIC Amer, Tel. & Tel Tel. & “Tel. © Aicostia & Pot. 55, Ans. & Pot Gt Asked Gas 5 Wllh Gas 5s 1960 Wash. Gas 65 series B h. Rwy. & Elec. umr:lu.ANEous Barber & Ross. Inc.. 6las. . | Chevy Chase Club 5.5, .. 10 Col. Country Club 5'3s aper MIg. 65 . W. M. Cold Amer. Tel. & Tel. (9) Capital Transit Co & W. Steamboat (8 Bor*mlee. Pow. 67, pid. Pol El_Pw. 55" 3 Wash. Gas Lt. Co f Wash' Ry. & Elec. aih. Rv 5B of NATIONAL BANK. | Capital (4) Li Risgs prd. Weshington (6).... TRUST COMPANY Amer. Sec. & Tr. Co. (x Natl Sav. & Wash Loan & Tr. (& BAVINGS BANK. Com. & Savings (6).. 150 FIRE INSURANCE American (12).. Corcoran (2,50} Firemen's 11.60). National Union (.60} TITLE msdmucz Columbla_ £30) al Esta nston Monotype ll\ Menemhll!r Linoty < Ddug Se 5 & Loth: com Wawd & Loth pid. (7). (65 S0y 11 OFFICE EQUIPMENT, WE S LL, BUY or EXCHANGE' -. Adding Inell L‘lu Chairs Steel la Typewriters l“fl Cabinets BAUM'S FURNITURE HOUSE 1416 Eye St. NNW. Ph, NA. 2184 ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. and Ind. Ave. N.W, LOANS Made on Improved District of Columbia Real Estate Security 74th Series of stock now open for subscription First Mortgage Notes Available 6% Secured on New Homes Safety and Yield Combined Funds Available for CONSTRUCTION LOANS l.OA‘.n\rS ON IMPROVED PROPERTY Reasonable rates Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 “Ex. dividend. 125¢ extr HOSIERY SHIPMENTS GAIN. NEW YORK, April 10 (#).—Ship- | ments of hosiery by American mills during February amounted to 8,731, 958 dozen pairs, according to the | hosiery code authority. They exceeded |sh1pmenu the coresponding month of last year by 490,222 dozen pairs. 3.year Loans Momrcaa | | Organired 1579 JOHN JOY EDSON. President 915 F St. N.W. | RANDALL H. q{fi.( 1321 Connecticut Avenue N.W. or Mare Account A ON SAVINGS B Assets Over $1,000,000 First Mortcace Loans Without 51,60 i, on District of Columbia—Maryland—Virginia RESIDENTIAL ore BUSINESS PROPERTY NER & COMPANY .OAN CORRESPONDENT Z BT R eeroerd Vo Telephone: DEcatur 3600 | Equitable Co-Operative Bldg. Ass'n] ASSETS $6,492,976.24 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? THOSE 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 Nat. 1741 receives investment advisory service from ADMINISTRATIVE axp RESEARCH Corporation — 120 WaLL ST. — New York Prospectus of The Maryland Fund may be obtained from your local investment house