Evening Star Newspaper, April 23, 1935, Page 18

EAMPA"}NSPURSW';;I:NSACTIONS ON THE NEW ion’l‘g_sTbCK 'EXC’}}}NGE, ETALS AND RALLS oA e E LEAD STOCR RALLY '.:'6 High. Low. a-,nn Compiled by the Associated Press. Market Goes Up Despite % ™% Th-% Realizing Among Some % Th ™%+ % k! 4% T+ % Recent Favorites. BY VICTOR EUBANK, Awociated Press Financial Writer. NEW YORK, April 23.—The Mrength of mining and rail issues kept the stock market on an upward 2: .0'-. Prev. u.u RENOVIZING LOANS -5 5, ooz e o 3 idend Rate. 361 82 Abm.| s’tnun n‘::) :ofll ‘:: I:‘ “‘ 14 110 Ab: trauss . ! a :. 4 % 6% 6%+ % 1 81% 31% alu 30 15 b iy e H 21 Life Saver (L. . 94% Ligg & Myers (15). 93% Ligg & Myers B({5' 16% Lily Tulip Cup(1% Fela + ++ +1 L R fi% !gl( fl:ml Millis u arge Gam in Demand Re- g;: = 2&:‘5’5‘1"5’5‘1’.&; ported After Drive of 115" 1044 Alr Beduotion (3. 20% 15% Alaska Jun (11.20). 1 1% % Alleg Corp (k). . Capital Banks. 7 2% Alleg pf wisOw(k).. 146 125 Allied Chem (6). 121;5 122% Allied Chem pf (’l). l Schulte R Strs n!. . +4 Scott Paper (1.70) . 1.6 212 § §¥;=§§“§;= 2 - ® Jepsade Falzdl-, 1% Long Bell Lum (A). BY EDWARD C. STONE. 83% Loose-Wiles (2).. . ‘Washington banks today reported 2 notable increase in the demand for loans for home improvements, as a result of the recent advertising cam- paign in the newspapers conducted Sharp & Dohme.... 'T% Shattuck (F G) 25c. 5% Shell Union Oil.... 63% Shell Union Ofl pt., 8% Silver King C (“c) ons Co. §3292 +++11++1 1 HH 13% Am Bank Note. Louisv & Nllh'(‘) 41% +1% by the District Bankers’ Association. ‘The District banks announced both & substantial pick-up in applications for loans and also in the number of Joans granted after investigation of the various requests. The bank drive, which started on March 24, has just ended, the exact number of new loans o be known in a few days. Since the campaign opened several months ago under title I of the Fed- eral housing act, more than 1,060 loans, involving a total of $637,000, have been negotiated through the local banks, according to the latest report. Bankers consider the fact that near- 1y $650,000 has been loaned for reno- vizing activities here is of very great importance to the recovery program. The advertising drive is given credit for starting a lot of this work, which is expected to increase further as hot weather arrives. Building and loan associations also are filling an extra large number of requests for building and repair funds. Officials in these institutions also pre- dict a steady advance when the most favorable season of the year for such ‘work gets here. Repair permits should mount steadily from now until the last of October, ample funds being avail- able to every one with reasonably safe credit. At least, that was the belief expressed today in financial circles. Convention Notices Sent Out. Notices regarding the seventeenth annual convention of the District Bankers’ Association were sent out to day to all members of the association, the dates being May 30, 31, June 1 and 2, and the place, the ‘Homestead at Hot Springs, Va. The return to Hot Springs, where so many bankers ‘have enjoyed past conventions, is ex- pected to mean a large attendance of uflve bank officials, directors and special guests, again this year. The announcement states that the many banking problems and topics to ‘be presented require the attendance of as large a representation of bankers as possible, in order that every mem- ber bank may derive the fullest benefit from the various sessions. Speakers will be specially qualified to discuss the topics assigned them. The party will leave Washington by 21 Am Brake Sh (¢ 2! 128 110 AmCan (15). 162!6 161% Am Can pf (7). 45% 12% 83 10 AmCar& !‘oundry. 25% Am Car & Found nt. 66 Am Chicle (13%). .. 22% Am Comcl Alcohol.. 6% Am Crystal Sugar.. 657% Am Crystal Sug pf.. 1% Am Encaustic...... 2% Am European Sec. .. 2 Am & Foreign Pwr. 14 Am & For Pw pf (7) 3% Am & For Pw 2d pf 8% Am Hawaiian SS(1) 29% Am Home Pr (2.40). 28% Am Ice Co pf (6). 4% Am International... 4% Am Mach & Metals. 24 Am News (1%) 1% Am Power & Light. 8% Am P&L $5 pf (1%) 10% Am P&L $6 pf (1%) 10% Am Radiator..... . 15% Am Rolling Mills... 4% Am Seating.... 20 Am Shipbldg (2). % 381% Am Smelt & Ref... 114% 103 Am S&R 6% pfi7% 135 121 Am S&M 7% pf (’l) 695 108 103 Anchor Cap pf(6%) 100s lo’l 108% 107 63 ‘Am Snuff (13%). 12 Am Steel Foundry. . 88 Am Stl Fdry pf (2). 33% Am Stores (12%) 65% Am Sugar (2).. 18% Am Sum Tob (1). 5 Am Writ Paper (k). 8 Anaconda Copper... 16% Anaconda Wire. ... 14 Anchor Cap (60c).. 36 Archer-Dan M t1%. 97 Armour Del pf (7).. 3% Armour of Illinois. . 656 Armour Ill pr pf (6) 7% Asso Dry Goods. ... . 80% Asso D G 1st pf(j6) s 85% Atch To&SF (h2).. 66% Atch To&S F pf (5) 19% Atlantic Coast Line 1 178 40% 40% + 4 116 1149‘ 116 + % 4t 4 FeF AR 2 SEEEEEES 8 H + & !u'l 135% 187 +2 Ganmo e 5 18% 13% 13% — 21 22% 21% 29111% llW 111% - 3% 8 m M 2 ll!% ll“ 138% 208 12% 12% 123 81 1 102 l 62% 627 +1% 22% + % % % % 1 12% + % 68%1-% IS% —-l% 12 1% - % 16 =% - % + 82% + 3 39% 39% 39% - % 27 4 4 4 128 4 20 2 103!6 103“ 1034% 1% 3% — om 9% 92% 1% 6% 25 % 61% + % 94 — 1 2% +2% 41% +1% 6% +1% 25 +1% Prev. — e 1”5 Stock and iss Wright C\Ilhmlnl L (8)... 19 Deere & Co pf(j20c) 233% Delaware & Hudson 11 Del Lack & West... 1% Den & R G W p . 65 Detroit Edison (4). 36 Devoe &R (A)(12). 26% Diamond M (11%). 87% 84% Diamond M nl (1%) 136% 166 20% 29 110% 6% 8% 3 % 8% 4% % 60% 21% 9% 25% 101 8% 50% 70 6% 4% 1% 34% 110% 24% Dome Mines (2).. 8% Dominion Stra(1.20! 17% Douglas Aircraft... 13% Dresser Mfg Ahl% 3 Dunhill !mernl!:é. . ) 3% Eastern Roll Mills, 110% Eastman Kod (6).. 141 Eastman Kod pf (I) 16% Eaton Mfg (1)... 19% Blectric Auto Lite. . 107 Elec Auto Lite p£ 7. 8% Electric Boat. . 6% Elec & Mus Ind i 1% Elec Pwr & Light... 2% Elec Pwr&Lt $6 pt.; 3 Elec Pwr&Lt §7 pf., 89 Elec Stor Bat (2%). % Elk Horn Coal (k).. 52%+Endicott-John (3).. 3 59% 59% 69% — U 130% 126% Endicott-John Df('ll llo- 182 130% 182 +3% 20 19% 19% 14 Eng Pub Sve $5 pf. 14% mlPS.SSDM'W 16% Eng Pub Svc $6 10% Eureka Vac C! 16% Evans Auto ( 4 Fairbanks Co p! 17 Fairbanks-Mori . 71% Fairbanks-Mrs pf. 5% Fed Lt & Trac 40 Fed Min & Smelter.. 654 Fed Min & Smelt pf. 3% Fed Motor Truc 2% Fed Screw Works % Fed Water Sve (A). 281 Fid Ph F Ins(t1.85) 106% Filene'sS pf (633).. 13% Firestone (40c).... 8435 Firestone pf A (6).. - u?—g wh 0SS Sales— Dividend nu* moc High. 10 10s 1 1 19 1 mss 130% 130% — % 1209 112% 111 112 + % 1 6% 6% 6% —% 6 136% 134% 134% — % ”l 154% 164% 154% 20 19% 19% + % 22% 224 — % Wl “0!‘ 1205 110% + % 4% 4 :: + % -% §§ . * 21 I +++++ FEREES 46 40 MacAndrew & F (13 28 McCall Corp (2).... T% McCrory Strs A (k) 61 McCrory Strs B (k). 7% McGraw Hill Pub... 45% 36% McIntyre Porcu (2): 903 McKeesport T P (4) 6% McKesson & Rob. .. 35% McKesson & Rob pf 8% McLellan Stores (k) 28Y% 20% Mack Truck (1).... 32 150 30% Macy (R H)& Co(2) 5% Madison Sq Garden, 18% Magma Copper (2) 80 Man Elevgtd (k) 18% Man Elevm g (k) 10 Manhat Shirt (60 5% Marine Midld (40c: 20 Marlin-Rockwell(2) 6% Marshall Field... 23% Mathieson Alk(1%) 136 Mathieson A pf (7). 85% May Dept Str (1.60) 5% Maytag Co. 41 Melville Shoe (12 ’a') 22 Merch & M Tr(1.60) 24% Mesta Mach (1%).. 27 M-G-M Pic pf (1.89) 2% Miami Copper. 9% Mid-Cont Pet(h0c) 8% Midland Steel Prod. 100: 43% + % 30U + % g-—!fi nu+u 4“4 lfil 102 1m % % — % 38U — % 0% 24% - % 36% - AENANNUADN=AN~ O® —NAS ....§ lo- ll! I 1 108 3 8 4 2 8 60% Midl'd Stl 1st pf(3). 300s 58 Minn-HonR (13%). 3% Minn Moline Pow... 1% MStP&SSMIisin 10% Mission COrp...... 2% Mo Kans & Texas. .. 6 Mo Kans & Tex pf.. 1% Mo Pacific pf (k)... 10% Mohawk C M (h25c) 556 MonsantoC (1).... 21% Montgoméry Ward. 17% Motor Products. 7% Motor Wheel 7 Mullins Mfg. 13% Munsingwear Inc 4% Murray Corp...... 11 Nash Motors (1) 43 Nat Acme C 6% Nat Aviatio 22% Nat Biscuit (. 18% Nat Cash Reg A 50c 127% Nat Dairy Prod 1.20 1% Nat Dept Store (k). 34% 17 Nat Dept S 1st pr(lr 136 8% % 50% 24% Nat Distillers (2). 28% Nat En & Stpg (M 121% Nat Lead pf (6) B.. 4% Nat Powr & Lt (lOc % Nat Ry Mex 2d pf.. 40% Nat Steel (11%). 3 31 20s 10 2 2 80s 25 26% 101 134% 134% mu —l% 1 “ 8% + % ')i 485 48% + % 4% 6% 12% 16 33% Slo lfli Snider Packing. 11 Socony-Vac (60c)... 20 Sou Porto R Sug (2) 10% South Cal Ed (1%). 12% Southern Pacific. .. $3% Spicer Mfg pf (3) 19% 14% Stand Brands (1).. 16% 16% 130 123 Stand Brands Dt (7) 10- 12‘% 128% 1264% -1% 27% Stand Oil of Cal (1) 25% 23 Stand Oil of Ind (1) 28 StandOilofKan (2: 1 30 2528 @kelly Oil pf ww. -Sheffleld pf. 41 1% Stand Gas & 1% SflwflflkE'lnt . 4% StandG&E $6 pf.. 6 StandG&ES$Tpf.. 83 59 43% 35% Stand Ofl N J(1%) 12D 12% Starrett (L 8) a25c. GB'A 58% Sterling Prod (3.80) % % 5 3 8% Sterling Secur pf... 6% Stewart-Warner. 2% Stone & Webster. 2% Studebaker (new. 681 60% Sun Ofl (31). 121 115% Sun Oil pt (6) 16% 11 Superheater (| 3 % 2% % 5% 95% 84 Tide WatA Opf(6) 105 100 ‘Tide Wat Oil pf (5). 9% 8% 16% Texas Corp (1). 28% Texas Gulf Sul 14 Texas&Pac RR. 15% Thatcher Mfg(a25c) 16 Third Nat Inv h85 13% Thompson Products 1% Superior Of 23 5 Superior St 1 1% Symington (A) (k! 7% Telautograph (80c) 4 Tennessee Corp. S8am 3% Tex Pac Coal & Oil. 8% Tex Pac Land Trust - 5% The Fair... 2% Third Avenue 1% Thompson Starrett. Thompson Star pf.. 5% Tide Wat Asso Oil.. - 4% Timken-Detroit - T% Trans & West'n Alr 5% Transue & Willia: 1% Tri-Contl Corp. I oo a3 S&3 = @ 2 ES + SE & ORFRIESFIRPRERE SR FF slant today despite scattered profit taking among leaders that have re- cently shown the most substantial ad- vance. A number of specialties worked higher. Among gainers of 1 o eround 2 points were U. S. Smelting, American Smelting, Cerro de Pasco, Dome, Santa Fe, Delaware & Hudson, Wrig- ley, Public Service of New Jersey, Caterpillar Tractor and Pacific Tele- phone. Small declines were recorded by American Telephone, U. 8. Steel, Western Union, General Motors and Chrysler. Standard Oils of New Jersey and California were moderately improved. The late tone was slightly irregular. Transfers approximated 1,200,000 shares. Equities received no help from com- modities, wheat and corn sagging on rain news. Cotton also was unable to enthuse. Bonds edged forward quietly. Far Eastern currencies were strong, but other exchanges did vir- tually nothing. Shares up 1 to more than 3 in- cluded United States Smelting, Ameri~ can Smelting, Dome, Cerro De Pasco, Santa Fe, Delaware & Hudson, Union Pacific, South Puerto Rico Sugar, American Sugar Refining and Public Service of New Jersey. Among frac- tionally firmer oils were Standards of New Jersey and California, Plymouth and Texas Corp. Such issues as United States Steel, American Telephone, Consolidated Gas, Chrysler, General Motors, American Can, Du Pont, General Electric and Western Union were slightly up or down. A spurt in bar silver, both n London and New York, to new peaks since 1925 called attention to the mining group. By the Associated Press. NEW YORK, April 23.—Cotton was quiet today with prices slightly easier under further near-month liquidation and scattered selling. July was ruling around 11.53 in the midafternoon, 3% 42% 36+ Trico Prod (2% 4% Truax-Tra Coal, 3% Truscon Steel 5 3% TwinCity RT 27% 18 TwinCity RTpf. — 2% 1% Ulen & Co. 61% b53% Und-Ell-Fisher (2). 30 Union Bag&Pap (2) #“ gn g:lruc 1.60... n Oil of Cal (1). i - 52 Un Bacifo (8) a5 ber. 6. 'n"é'-" :.m.?.rymo"fn 88% 79% Un Pacific pf (4). 5 2 49 50% 36 Nat Supply Co pf... IIOI 652 11% 8% Nat Tea (60c).. 8 9% 9% 9%+ % ‘ 52 43% Newberry(JJ) 1.60 7 62 b5l% 62 + % 118 109 Newberry(JJ)pf(7) 20s 118% 118% 118% + 21% 124 NYCentralRR... 61 17% 15% 16% + 13 6 NYChicago&StL 3 8% 84 8%+ 25 9% NYChi&StLpf.. 6 16% 15% 16% + 122 112 NY &Harlem (5).. 30s 119% 119% 119% + N Y Investors (k).. 1 NY 5% NYNH&Hartpf. N Y Ontario & West N % 16% 6% N Y Shipbuilding... 7 8% 8% 87 170 N Y Shipbldg pf ( 70 fil% 56 46 First Nat Strs(2%) 22% 19 Florsheim (A)(1) 17% 9% Foster-Wheeler 10% 4% Foundation Co. 21% Atlantic Ref (1)... 17 24% 24!6 + % 323 Atlas Powder (2). % lll% 106% Atlas Powder pf [0 80- llD'A 110\‘ 110!‘ - 29% 15 Auburn Auto..... 22% 22 22% - 63 26% Austin NpfA ( 40% 40 40% 5% 3 Aviation Corp De! 3% 3% 3%+ % 4 1% 6% 1% Baldwin Loco (k). % 1%+ 15, Jspatmorsdonto. 8 1l 105 1%+ 4 ’0! 104 51 B1% +1% with the general list showing net de- special train on Wednesday, May 29 clines of 4 to 7 points. at 9:30 pm. The special will return on the following Sunday night, arrive ‘here early Monday morning. Because on Memorial day and a Sunday, bank- ers will actually lose but two business days away from home: Sports of all kinds are being planned o take up every minute between con- vention sessions and the family dinner will again be a feature of the program. Hilleary G. Hoskinson is the general convention chairman this year, but 00 1a300 1 o3 63 b I 50 01 ) 1t 3 w1 1 10 00 00 e 3 no- LIVERPOOL. Annl"i m —co’ tian. 7000 bales. including 1.700 M quiet; prices 2 points hllhel’ Qllolltlonl in Eehee: Americer, sirics sbed middlig. 5 ‘m middling. 6.65: strict le olv mifldlln: &5 B ABARONNNER-OR i d - 17% 9% Baltimore & Ohio pf 105 100% Bamberger pf (63%) 5% 3% Barker Brothers.. 9% 445 19 - ° 9% 39 Gen Am Trans(1%) ll&l Gen Asphalt...... - * 2 - 5% Barnsdall Corp.... 373 Bayuk Cigar (b4).. 15% Beatrice Cre (a50c) N H & Hartford 8% 3% Y Railways pf 20% Un Tank Car (1.20). 9% United Aircraft... Besse reservation requests should be for- warded to Robert H. Lacey, chairman of the Transportation Committee, at the Columbia National Bank. Bond Transfers Explained. ‘The Federal Reserve Bank of Rich- mond has sent out special notices to all member banks regarding the transfer of the called First Liberty loan bonds. Because of the many issues of First Liberty loan bonds to be submitted to the Richmond Bank for exchange for the 27 per cent ‘Treasury bonds Jf 1955-60 and the 13; per cent Treasury notes, series A-1940, great care must be used to avoid confusion and simplify the work, the Reserve Bank says. ‘There are four (4) issues of First Liberty loan bonds as follows: First Liberty loan 3, per cent bonds (First 3)5s), First Liberty loan converted 4 per cent bonds (First 4s), Pirst Liberty loan converted 4% per cent bonds (First 4%s), First Liberty loan second converted 44 per cent bonds (First-Second 4%s). Only ‘one issue should be listed on one application and coupon bonds and registered bonds should not be listed on the same application, the bank says. Assignment of bonds to be sub- mitted, which have to be supported by court papers or resolutions should be accompanied by the necessary papers, otherwise, the securities re- ceived have to be held in suspense until the proper papers are secured. ‘This necessarily causes delay and a considerable amount of correspond- ence. Holders of First Liberty loan bonds, called for redemption on June 15, 1935, are offered the privilege, for a limited period beginning April 22, 1935, of exchanging all or any part of their called bonds, either (1) for 2% per cent Treasury bonds of 1955-60, or (2) for 5-year 13 per cent Treasury notes of series A-1940, both bonds and notes being dated and bearing interest from March 15, 1935. Local Bonds Remain Strong. Capital Traction 5s were strong on the Washington exchange again today, wo $500 sales taking place at 99. The close was 981, bid with 99 asked. Small denomination bonds in Wash- ington Gas 6s, series B, were in good demand at 103l,. Five consecutive sales took place at that figure, the market winding up with & $500 bond of this issue moving at 1035%. Stocks were wholly neglected today. Capital Traction closed with 18 .bid and 19 asked. Other bid and asked prices were practically unchanged. ‘The eighth anniversary of the Bank ‘Women’s Club of Washington will be observed at the Highlands Thursday evening, starting at 6 o'clock. Miss Alice H. Whitton will preside, Mrs. Judith M. Firhburn being in charge of the program. Bank clearings in Washington last week were up 19 per cent over the same week last year, the gain being in contrast to the declire in the clear- ings total for the whole United States, The National Limited of the Balti- more & Ohio Railroad will be 10 years old April 26. It was inaugurated in 1925 as an all-Pullman train be- tween Washington, Cincinnati and St. ' Touis. The National Limited has an on-time performance record of 96 per cent for the 10 years and in that time 83 13% 17% 17% 38% 'l'l% 3% 10 59% 98 25% 35% e 915 72 Beech-Nut P (13%) 11% Belding-Hem (a50c) 11% Bendix Aviation. ... 15% Beneficial Loan 1%. 34 Best&Co (2).. 21% Bethlehem Steel sfiv Bethlehem St] pf. 9% Blaw-Knox. 63 Boeing Airplane.... 49% Bohn Alum&Br (3). 90 Bon Ami (A)(15). 21 Borden Co (1.60). 28% Borg Warner (13%). 3% Boston & Maine. . ). 81% Bristol-Myers 2.40 86% Bklyn-Man Tr (3).. 90 Bklyn-Man T pf ( 16 BkIn&Queens pf(2). 43 Bklyn Union Gas(5) 43 Brunswick-Balke. .. 4% Bucyrus Erie. 8% Bucyrus Erje cv pf. 62% Bucyruc Erie pf (2) 3% Budd (E G) Mfg. 23 Budd (EG) Mfg P!' 2% Budd Wheel. . 8% Bullard Co. 3 Burns Bros pf. 13% Burr Add M (60c) 10 Bush T Bldgpfet.. 11% Byers (AM).... 32 Byers (A M) p: 36 California Pkg (1% % Callahan Zinc...... 2% Calumet & Hecla. .. 7 Campbell-Wy (a20c) 8% Can Dry G A (40c). 9% Canadian Pacific. . 4% Capital Admin (A) B 45% Case (J I) Co. 83% Case (JI) pf (4)... 36% Caterpillar Trac(1) 19% Celanese COrp...... 1% Celotex Co (k). 2216 Cent Aguire (1%).+ 209 161% Coca-~Cola 8). B7% 18% 16% 5% 28% 19% 15 % 63% 56 9% 4% 6% Century Rib Mills. . % Chi Gt Westn (k). 1% Chi Gt Westn pf(k) % Chi Mill StP&P... % Chi Mil St P & P pf. 2% Chi & Northwes' 4% Chi & Northwest 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf. 25% Chickasha C O (2) 31 Chrysler Corp (1) 20 City Ice & Fuel (2). .-s.maq..... 4 14 308 D0 e O 1 o3 1t 30- 'IOI 36 . 1608 73 14 1 20 2 - i B T 2 3 87 CityIce & F pf 6% . 2208 12% Clark Equip (80c).. 53% Coca-Cola (A)(3).« 16% Colgate-P-P (50c).. 9 Collins & Aikman. .; % Colo Fuel&Iron (k). 5 ColoF&Ipf(k)... 7 Colo & South 1st pf, 3% Col Gas & Elec..... 35% Col GEEpL A (6).: 31 ColG&EDptB (5).. 67 Colum Carbon (4).. 89% Comcl Credit (2)... 29 Comcl Cred pf (1%) 32% 114% 109% Comcl Cr 1st pf 6: 83 29% Comcl Credlt(B)(l) l70l 31% 48% 41% Corn 56% Comecl Inv Tr 12 17% Comel Solv (185¢) % Comw-& Southn.... 29% Comw & Sou pf (3). 27 Congoleum-N (1.60) 50- Ml 100 4 uo% 103% Bloomingaale pr (1) 1808 110 % 10s 56 24 lS 100 l'l [ 19 12 23% Conn Ry & Lit (4% ). 160s 44 Conn Ry&Lt pf (4% 71 ConCprpfwwél. 62 Consol Cigar pf (7). 4% Consol Film....... 16% Consol Film pf (§2) 16% Consol GasN Y (1), 8 72% Consol Gas pf (6).. 1% Consol Laundrie: 6% Consol Oil.. % Consol Textlle.... 9% Container Corp (A). 3% Container Corp (B); 4% Contl Baking (A) .. % Contl Baking (B)... 46% Contl Baking pf (4) 62% Contl Can (2.40)... 7 Contl Dia F (al6c). 28% Contl Insur (tun. % Contl Motors. . 15% Contl O Del lll%fl Ex Bk&Tr 62 Corn Prod Ref (3).. 4% Coty Inc. .. ceesered (3). 1608 u ? 2882 o = t] 28285303858l 3 = §-§ A ® L 1++ B8 RESR 3588853230 s¥eyEugs LU 28% 5% Gen Bronge. ... 19 Gen Cable pf. 68% 650 Gen Clgar (7). 135 25% 20 36% % 15 66% 118% 344 u': 25 127% Gen Cigar pf (7). % Gen Electric (60c).. 32% Gen Foods (1.80)... % Gen Gas& El (A).. 10 Gen GEE 6%cvpf A 59% Gen Mills (3).. 116 Gen Mills pf (6).... 26% Gen Motors (1).. 1073 Gen Motors pf (5) . Gen Outdoors AdvA 175 Gen Drint Tak(120) 93% Gen Print Ink pf (6) 1% Gen Public Service. 70% Gillett Stf R pf (5)+ 2% Gimbel Bros. m 18 Gimbel Bros pf. 10896 28% Glidden Co (11.30).. 104% Glidden Co pr pf (7) 2% Gobel (Adolf). . 14% Gold mm a :o) 714 Goodrich 40 Goodrich (B !') pf.. 16% Goodyear T&R.... 70 Goodyear $7 pf (4). 20 Gotham Silk H pt 1% Graham-Paige... 6% Granby Consol. 2% Grand Union.. 17 Grand Union pf 18% Granite City Stl (l) 26 Grant (W T)(t1%) 9% Great Northern pf.. 93 Great Nor Ore (50c) 265 Grt West Sug (3.40) . 111 31% §N_.§.... Eoge % 1 1‘% 14% 14% — % 63% €3% 3 nw 118% 1185 +1 30% 30% — % 5 116% 116% 116% —1% 3 12% 12% 12% + % 16408 25% 24% 26% + % 508102 101 102 + % % - % 3% + % 20% + % 21% +1% 30% + % 1%+ % ll% 128 119 Grt West Sug pf(7) 100s uo’;: 2% 15 24 67 6% 20 T 3% 19 TT% 1 Guantanamo Sugar, 6 Gulf Mobile & N pf. 12 Gulf States Steel. 48' Gulf States St 1si 33% Hahn Dept Stores. .. 55 Hahn Dpt Stores pf, 4 Hall W F Printing., 6% Hamilton Watch... 63 Hamilton Watch pf. 16 Bl.erll er (1)... 5% Hat Corp (A)...... ll Hntcn!"(l’h). 11" Horculen 3ot (8063 71 Hercules Pw (3% ) 127% 122 Hercules P pf (7)... 3% 13 §Eg® | agn| sz agugynty, Benydy.. =3 & 3% Hershey Choc (3).. 5% Holland Furnace 6% Holland & Son (ilc) 80% Houd-Hirsh A(2%). 6% Houdaille-Hersh B. 49 House Fin pf (3%4). 9% Houston Oil....... 2% Inspiration cwficr. 4 Insur Shet Md 14c.. Int Cement (1). Int Harvester Int Harvester pf(7) Int Hydro mgsfigm Int Pript !nkp! (!) Intm ) Int Silver. . & $58 s§§c Seog - 1 ‘1 10s 7 =§UI (N §_EE e - as ey SuoBy Byt dtatayg slisg s5o upafn iy Egn. - k< - +l++ 14 ShrdBuntilannarnand Sn.By b iz - +1 FEFR FE FRER 40 E.' b i 1 H +1 0 |.|_+++| e = Ll o e ..u!=!=3=-unus 5?«. Jorores | 0 1o s 4 = oS gingumngot oligg o = TR «goplnsyngegt siss s3o 0y R IR FEREEE FEER 97 38% 175 104 4 14% 43 7 21% 12% 4% 26% 5% % 15% T% 46 2 8 18% 26% 21 90 NY Steam 1st(7).. 30% Noranda Mines (h2) 158 Norfolk & W (10). 99 Norf & West pf (4). 2 North Am Aviation. 9 North AmCo (1)... 85% North Am Co pf (3) 57 North Am Ed pt (6) 13% Northern Pacific. . . 914 Ohio Oil (hd5c). ... 1% Oliver Farm Equip. 15% Oliver FEprpf A.. 4% Oppenheim Collins. 11% Otis Elevator (60c) 4% Otis Steel.... 22% Otis Steel pr p. 80 Owens-Ill Glass 3% Pacific Coast 1st. 13% PacificG&E (1% 19 Pacific Ltg (2.40)... 12% Pacific Mills (h50c) 1508 93 90% 93 +2 17 38% 38 38% + % 2 167% 1673 167% +1 10; lfl:h 10:% 10:% + % 98 1 3 &0s 3 ¥ 17% 10 26 2 1( 88% 70 Pacific Tel & Tel (6) 270s 126% !ll% Pacific T & T pf (6) 220s 121 IZIH 127 +1 5% 11!6 % 1% % Packard Motor. msa Pan American Pet 14 Par-Public ctfs (k). lm Park & Tilford. 2% Park Utah.. % Pathe Exchnnn. . €% Pathe Exchange(A) 8% Patino Mines 1% Peerless Motor..... 64% Penick & Ford (3) 574 Penney (JC)(2).. 2% Penn Coal & Coke.. 17% Penn R R (1) 30 Peoples Drug$ (1). 17% Peoples Gas Chi.. 914 Pere Marquette 16% Pere Marq pr pf.... 7% Petrol Corp (h60c). 12% Phelps Dodge (h75c 23 PhilaCo $6 pf (3)... 383 Phila Co pf (6) new 1% Phila & Read C& 1. 35% Philip Morris (1). 13% Phillips Petrol (1. 65 Phoenix Hos pf3%. % Plerce Oil......... 3% Plerce Ofl pf... % Plerce Petroleum.. 31 Pillsbury Flour 1.60 1% Pressed Steel C (k). 42% Proc & Gamb (1%). . Pub Sve N J (2.80).. Pub Sve N J pf (5). Pub Sve NJ pf (l). Radio Corporation.. Radio Corp pf A l% 4% R R Sec Ill Cent. 16% Raylmto-lnn ). 23 Reo Motor Car.. 9 Republic Steel..... 28% Republic Steel pf. 76 RevereC&BDf.... 19 Reynolds Metals(1) 64 12 Reynolds Spr (40¢). 43% Reynolds Tob B (3) 21% Roan Antelope Ltd. 29% Roy’l D h1.35 3-10c. 3 Rutland R R p! ————— 46 110 1% DIvi BY UNITED ENGINEERING 8T Safeway Stores (3). i)’ ... 100 a8 pt - 2and eonosndSm usz;».-sE.Em....z.N?:zamu“.s_s_ 'fli#* 60 -3% 10% - % & 6% + % 2% i % + % 18% " - ool noanBeess = 42% 42% 104% N-wly Strs pf (6) Ml 110 10. 110 41 o 113 110 Safeway Strspf (7) 10s114 114 114 104 St Joseph Ld (40¢). DEND INCREASED 11 16% 16% 16 — % 1t will Be compieted. —_—— u"m-‘-ln(fla—“" 53 149 143 U S Gypsum pf (7). 2% 2% 31 3% 89 30% WessonO &S 11%. 'lzu VaEl & Pw pe (6) .. 27% Walgreen Co (1. 20' 21 w&rnnNy&P o~ 4% United Air L vte. 7 United Am Bosch 21% United Bisc (1.60).. 46 United Carbon 2.40. 13 United Corp 20% United COPD j24 (!) 9% United Dru; 4% Unfted Dyewood 65 United Dyew pf ( 3% United Elec Coal 1% United Fruit (3) k] 3103 10214 1 3% 3% 280s 20 18 2 T g 4 AT% 4TY 205 1493% 149 24 42% 41y 8 64 6 40% U S Gypsum (1).. S Ind Alcohol (2) s SLeather (A)... 28 134 12% SPipe&F (50c). 5 178% 17% S Realty & Imp. . 6 5 4% SRubber........ 21 12 12 S Rubber 1st pf.. 29 31% 30 SSmelt &R (16). 57 112% 110 gg:fl&lnfl(l%) 2 68% 68% dddcddadada Univ Pipe & Rad pf IM- 1 UtilPwr&Lt(A).. 2 91 Van Raalte 1st pf 7. 40- 84% Vick Chem ({2. 40) 214 Va-Car Chemical. 3 20s Wabash (k).. 1% Walworth Co... .._._..-a*.‘..,.. 4 Webster Eisenlohr. g% 34 West PaElec (7) A 180s % 1% 36 0% 95 West Pa Pw o 5 9t 2:; 1601 uou mv. wsu ‘West Pa Elec pf (t) 200. s 5% We land. % We-tern Md2apt.. . 1% Western Pacific. 2% Western Pacific pt. 20% Western Union. . 18 Westingh'se A B 50c 32% Westingh'se Elec. . 22 B Wertmeoeni . 1ooh ’se 1s { m ‘White Motor. ... * ; 13% White R’k M § 1.40. 6 White SewMchpf.. 1 3% Wilson & Coal2¥%c 49 1 4% 2% Yellow Truck. 22% 18 Young Sp& W t1% 21% 13 Youngstown S&T.. —— 4% 3 Zonite Products.... ‘mmflmnhfl.' Mw 88 4% 4 360,000 780, 780,000 . ...:--"-Lw*::-..ass 15913; weaker: creamery, higher than|g extrs, 33%a33%: extra (92 score). 33%; fl!-n( (90-91 scores), 32a32%:- centralized there were ———— 1mnmnn 23 (P, Es-.r 5-78; Jul goened, m‘el' 11.08-12.00, 30s ll'la 17 117 FAILURES TOTAL DOWN. PH! h %“mg:g.'m"!f&%fi S 14 S+ % turned downward last week, said Dun 271 in the preceding week and 265 by) s 11.86-88; BUSINESS MACHINES EARNINGS IMPROVE International Corp. Reports Net of $1,771,914, Compared to $1,688,849 in 1934, By the Associated Press. F NEW YORK, April 23.—Interna- tional Business Machines Corp. and subsidiaries report for the first quarter net income of $1,771,914 after charges, estimated taxes and other deductions, equnl to $2.47 a share on the capital This compares with net income 0( $1,688,849, or $2.40 a share in the first quarter of 1934. Commonwealth & Southern. Commonwealth & Southern Corp. reports for the 12 months ended March 31 consolidated net income of $7,760,863 after taxes, charges, in- terest, depreciation and preferred divi- dends on subsidiaries. This is equal to $5.17 a share on the $6 prererrea stock and compares with a revised net income in the 12 months ended March 31, 1034 of $8,553,978, which was equal 160 $5.70 a share on the preferred stock. MORE SUGAR CONSUMED. NEW YORK, April 23 (#L—Both consumption and production of sugar in 1) European countries showed an increase during the 5 months from September 1 to February 28, according to statistics compiled by B. W. Dyer & Co, sugar brokers. Consumption -mmmmfl to 3,411,972 long tons, an increase of 3.5 per cent over the same period last year, and production totaled 5,838,468 tons, an increase of 19.7 per eent. -— PHIEADELPHIA PRODUCE. 'HIA. Apry 33 (P.—Live cy., lina) l:liflh‘fflg rq’mum 138 225 e pommouth Rocks. 2at8: S bnll . 14218, ‘#ged Doultry, fowls, as %o weight, _715%§T:?=¥#§= :gl‘ l""-!l“ siven & BRADLEY, BEALL & HOWARD Phene Na. 0271 Southern Bldg. OFFICE EQUIPMENT WE SELL, BUY o EXCHANGE Machines gufli gfimm Steel BAUM’S FURNITURE HOUSE 1416 Eye St. NW. Ph. NA. 2184