Evening Star Newspaper, May 11, 1935, Page 14

FINANCIAL. : 7 ’ FINANCIAL RETAL SALESUP [TRANSACTIONS ON THE NEW YORK STOCK EXCHANG E[T0CKS END WEEK By private wire llrcfl to The Star. Prev. 1035 *ock and High. Low. Dlvldlnd Rlu- AMW. High. Low. Close. Oll' l‘lh lfl' m"fllflfl Rate. A“W High. Low. Ol B | o 2% men tow o S STOCK AVERAGES B e pf e ‘ = Associated Press. ullins Mfg....... 1 % alding (A G).... 1 , U.| 7% 4 Adams Express.... S b0 50 36% Mullins Mfg pf. b 51 42 s:-min:uc)mu 408 331 284 Adams Millis (2).. Rt e imid o - 4% Nunts sz +1 y Corp. 9 8 T 17% 59% Spang Chalf pf (§1) 70 724 S I S R B e 30 Myer(FE)&Co W 34 Sparks-Withington 3 gt g S A earioaerel 3 2 4 8 32 SpencrKellogg 160 14 36U +1% = . April Store Volumes Top | 1104 104 Atr Reduction (3).. : X . 9% 74 Bperry Corp (%c).. 9 9 + | Preferred Utility Issues Rise 2014 16% Alaska Jun (1.20). X 4 v y R 3 5% "’V' i gzgflgx‘n:fl"‘:fl- e M o at Biscult (2).... 15 .. U% - % . Record Year Ago b 156 % AlisgCovp (K) g1 . . ; : 181 Nat Cash Reg A 50c 3 150" 123 Stand Brands pr (1) 108 121 124" 104* 1n| With Sugars and Some 26% 21 Allegheny Stl (1). 148% 125 Allied Chem (6). 146% 146% 1% g 7 7 12% Nat Dairy Prod 1.20 11 4% 2% Stand Com Tobacco 2 34 3 3% + % 23.4 Per Cent. 12734 12236 Allled Chem pf (7). 2 123 123 123% ~ Y Y s AT Dept Stoce ()@ 23 i R R R Specialties. % z 19% 12 Allis-Chalmers.... 14 19% 18% + % & & 2 17 Nat Dept 8 18t pf(k 280s 1% Stand G & E $4 pf.. 5% 4% 5% + % o 20% 14 Alpha PortCmt (1) 1 18% 184 ¢ 23% Nat Distillers (2).. 4% Stand G & IT $6 pf.. % 10% 11% +1% e SRS 214 Amal Leather...... 3% : 4% Nat Powr & Lt (800 6 Stand G&E$7pt.. 1315 11% 13% BY EDWARD C. STONE. 481 Amerada Corp (2) 6% : . 40% Nat Steel (11%) 1% Stand Inv Corp. . ... 1% BY VICTOR EUBANK, Retail sales in eight Washington de- 42 Am Ag Cem Del(3). 54 9 Nat Supply Co. 2TN Sam O oroa ) igzz Associated Press Pinancial Writer. ’mmn: Sbbgr“ the Apmm”xmd,q’“ Tare g::k(g‘;" 5o . 4% Newport Industries 35% Stand Ofl N J(t1%) ! NEW YORK, May 11.—Preferred per cen. above the reco or April, % 10, Am Car&Poond 15% 18% N Y Airbraki 12% Starrett (L S) a25c. utilities and sugar company issues, 1934, while 'l::‘ilm“hu"thulu were o A: C"&N::flry!. = 58% Sterling Prod (3.80) e e Sem 3 13:/per conl Hgher nsthe i o ey ki g 2a% Stockand - Bales— Net. Y s 6% Stewart-warner... o in Gt e It st the like ?Rriod o year c:;?:pl::gorgx‘ it % 6% Am Crystal Sugar.. 29 % e A O e e e NN e n L e Neree ¢+ %! market scasion, Most other grou to the Federal Reserve Bank of mc:g 5;"“ :"‘ E‘"""‘] Sug pf. 230s “? "”;“ 29 1‘;;: E:::;fl: :S:: i:?g i z: z:a 28:; 2:2 : 2 8 : g g::;;:x,:ln'_“ l 502& §,‘,‘.‘,‘5§’,'(" ;lr )(ff') = wt | were rather listless, howzver,‘r nnp; mond’s monthly report made this| 2,": o E{‘,fi:‘;::',:"s;c_"' , % o % m 107 Elec AutoLite pf7. 20s 111 111 111 86 N Y Steam pf (6), 5 11 Superheater (50¢). some of the recent gainers sagged un- fwon. 2 Am & Foreign Pwr. 80 p,, 3% 3% Electric Boat .3 4% 4% A%+ U 90 N Y Steam 1st (7).. 1oo. 3 1% Superior Ofl. der profit-taking. The close was about Department store sales in the Fifth 12 Am & For Pw pf () 8 19% 16% 14 Elec Pwr & Light 3% + M| 40% 30% Noranda Mines (h2) 17 5 Superior Steel. steady. Transfers approximated 500.- Federal Reserve district in April, 1935, 4 14 Am& For Pwpf (7) 19 20 2% Elec Pwr&Lit $6 p! 0% 12 +2%| 4 2 North AmAviation. 8 3 3% SweetsCoof Am... 000 shares. averaged 21 per cent more in dollar 3% Am& For Pw2dpt 30 6% 3 Hise EwrRLs STipT 13% +2%| 15% 9 NorthAmCo(1)... 51 1% Symington (A) (k).- The speech of Chairman Jones of amount than sales in April, 1934, 52 81 Am Hawalian SS(1) 10 1 49% 39 Elec Stor Bat (21) M4+ %| 49% 35% North Am Co pf (3 3 e—n the R. F. C., interpreted in some quar- of the 55 stores reporting larger sales 2914 Am Home Pr (2.40) 314 6014 524 Endicott-John (3).. 60% 82% 67 North AmEdpf(6) 1 7% Telautograph (80¢c) 8 ters as a prediction of the passage Bartiinanihl The iinrreane iy an ditie P % Am Ice Co. a4 2% 1% Engineers Pub Sve. 2% + % 21% 18% )\:ortharn Pacifie... 24 }6% Texas Corp (1).... 2 23 of the soldiers’ bonus bill, apparently chiefly to the lateness of Easter this 28% Am Ice Cop 2k 5% 1513 Eng bub Sve se pr. el A Pl Norwais Tirektinh. Tt g e 6% 4 14| did not renew mfationary enthusin:m i;-rr“-‘r;lt}st;e:?e more trading day in S mintemations: 1;‘»‘. };: ‘gv. ErieRR 1st éalf( i lgu et e 23 Tex Pac Coal & Oil, R g‘u:ge gg‘:;‘:fi; e sfllmfifil c‘gg;':’d > b s 15 Eureka Vac c! 2 12% 9% Ohlo Oil (h45c).... 6O ‘ex Pac Land Trust % + % v t securitie e In cumulative sales for the first four 2 A Locomotissing. 38 234 15 Evans Auto (a76c). 15% 4% 1% Oliver Farm Equip, 1 % 54 The Falr.......... 1 6% 5% + % [Ued to point downward. Most Wall 18% Am Mch & Fy (80 v months of this year, the fifth district A acre . 2 —_— 26% 158 Oliver F E prpf A 1 2 61% The Fair pf (j8%). 76 -3 |Street observers were still of the opin- showed an average increase amounting 115 Am Power & Ln}m . 25% 17 Fairbanks-Mor: 5% 3% Omnibus Corp. . 3 2% Thermotd Co... ... ¢ 3% ion the Patman “fiat money” measure to 7 per cent. Total sales in 513 stores 8% Am P&L $5 pf (1%) 10% 5% Fed Lt & Trac. 16% 11% Otis Elevator (6 28 16 Third Nat Inv a50c. 19% + 3% | will be vetoed. in the United States in April, 1935 10 o B 6" % 72 40 Fed Min & Smelter. T4 4% Otis Steel. 4 & Y 13% Thompson Products 14'. — %| Shares of Public Service of New , 3 4 Am P&T. $6 of (1%5) 7 93 80 Owens-Ill ') 2 1% Thompson Starrett. 2% Jersey, 8 per cent preferred, jumped _’ : 4 EFRIFFFIR FE ¥ ‘were 12 per cent above sales in April, il -l b p) 10% Am Radiator. . 1% 14 Fed Water Sve (A). ;g:: :l": 11 points, and the preference issues of Electric Power & Light and Ameri- 1934, and cumula’ive sales in the Na- 15% Am Rolling Mill tion were 3 per cent above total sales 415 Am Seating. 8% S:““‘ 1(21:: g :‘l":,’:‘, ‘;l:t'l“'::)s"_ in the first four months of last year. 31% 56 46% First Nat Strs(2%) 19% 13% PaciicG& E (1%). % Timk: Detroit 5 30% 19 Pacific Ltg (2.40)., 3 DPEOICERTOM: 5% = ' can Power & Light wi 21 12% Pacific Mills (h50¢) 3 28% Timken R B ({1 35% + %o 3. Peoples gGa:“?;v:gc:;wx:%ri 92 70 Pacific Tel & Tel (8) 60a 4% Transamerica (25¢) 4 5% than 3. American Crystal Sugar pre- 127 “ 111% Pacific T & T pf (6) 20 5% Transue & Williama % - % 5 Pac W'n O1l (:10:)’. 2o 6 9 1% Tri-Contl Corp. . ... E a7s + v | ferred gained about 4 and Cuban o BT N O NN Individual percentages for cities in 63 Am Snuff (13%) 2 4 2 h (1 which three or more stores reported 12 Am Steel Foundry.. g o] T 2% PosterWheatar: 2. in April and the four months, com- 331 Am Stores (1234). 5 2 101 4% Foundation Co. 7 pared with the corresponding periods Dol ATy Sugar3). - 4 131 8% Fox Film (A). .. T 3% tmereitMoe: 6 4 3w 69 Tri-Contl C pf (8). 76% - 3% | American Sugar preferred firmed 2. G 18% Am Sum Toh (1) 1 y in 1034, are as follows: Pl UL % 48 30% Frankn Sim pf j1% 108 Pan American Pet. . 43 Truax-Tra Coal. 6% — 1| Late buying in American Can pushed Citles. April Jan.-Avr. 2o AmTeld Tell(9): I® 26 17% Freeport-Texas (1) p 5 Panhandle Prod&R. 1 6 3% Truscon Steel. 4y this issue up 2 points and Inland 1935 1935 ,’m A Tuhaf‘:: B s ] -—_———— E-/. ;ar;?sbl:: ctfs (k) 5 18 Twin City R T pf. 217% +1% | Steel, du Pont, Union Pacific and East- # : 2% 1 Gabriel Co (A)..... % Park Utal man Kodak improved 1 to around 2. g}allatggg{:h gl% 1159-81 ar s 9, AmTypeFdrspfik 303 %1 S T GamapenCol 8% Pathe Exchange(A) | 64 83 Und-EIL-Fister (2). 63% + % | Most of the rails did better near the Charlesto » W V i 25'1 48 Am Wat W 1st (6) 1 7% 5% Gen Am Investors.. 8% Patino Mines...... 4 3 4 Union Bag&Pap (2) 341 + % | finish, but American Telephone, Con- Hntington, W. va, 124 4% Am Woolen. ....... 2 384 32% Gen Am Trans(1%) 504 Bwnick & Mordi(Mee 16 : “ o Ol of Cal 41 B6% + % | solidated Gas, General Motors, U 8. untington, W. Va. +: 57% Penney (J C)(2). 1 A 14% Un Oil of Cal (1) 19% — % | Smelting and the majority of the oils 18% 11% Gen Asphalt.. Lynchburg, Va. +17. S A Woo L e s = 9% T3 Gen Baking (60).. 2% Penn Coal & Coke.. 3 4% 8215 Un Pacific (6). 925 s pemeliog a1 ol Norfolk, Va. +15. 2 ' 3 Penn Dixie Cement. % 20% Un Tank Car (1.20). 6 26 25 + W 3 £ 0P Sh oeee - S 5 (S PR RS Tey- S X ey S FEE FE o W N Wanee o N .—aa.bu-.snhu + + ++t++| |+ FE F OPEFFST - ® 00 51 G i B3 h 09 10 0000 1o 8 S5 00 00 S Pipe & F (50¢). L @ Anaconda Copper... T 5% Gen Bronze.. 16% Anaconda Wire.... x 18 Penn Dixie C pf(A > 014 9% United Afrcraft. 3 16 3 Market conjectures were centered on Richmond, Vs +17 13% Anchor Cap (60c).. 1 14 Sgh 17% Penn R R (1) 'p~( s 3 gy 2 2 415 United Afr L vte o+ ,/:‘the President’s transportation message, Washington .. Anchor Cap pf(615) 10s 108 7 21% Uni — 15| expected to be delivered to Congr Arch 11 g ‘ 631 30 Peoples Drug S (1). % United Bisc (1.60).. 10 22% 22 22 4 0 Congress Winston-Salem .. +44 s "-f_g";’"' ‘,”i- ; ‘g“ 141 127% Gen Cigar pf (1)... 291 17% Peoples Gas Chi 3 3ue 2 5133 United Blse pf (1).. 308 1131 um, 113% next week, and on Secretary Morgen- Other Cities....... +18. LCb bl 2 . 4| "254% 20% Gen Electric (60¢c). " % 9% Pere Marquette. 2 2 12 46 United Carbon 2.40. 17 55% b 5! % | thau's scheduled address to the coun- Armour of Miinols. 29 2 Fifth district, = oot = : 4B% 32% Gen Foods (1.80)... 13 FPere Marquette pf.. 7% 17% 17% L1 United Corp. ... | try Monday. 55 StOres .....e...+21. Atch To&S F (h2) 21 ‘ 1 % % GenGas&El (A).. 3 Petrol Corp (h50c). . % Unites orpp @) 3 Few anticipated any inflationary e £ o 66% 59% Gen Mills (3)...... 12% Phelps Dodge a25c. 3 ? United Drug. —=E s . N 2 2% Atlas Powdar (2) a1 20 34l 26% Gen Motors (1).... 23 PhilaCo6% pf 3).. 4 3 , Rmena e A .. still has extensive financing plans State Flgures. 111 Atlas P pf(6)called. 60s 111 um 107% Gen Motors pf (5).. 1% Phila& Read C& L. 2 United Gas Imp (1) which call for “sound money” psy- Virginia 15 Arbarautotie s s 0k 1% Gen Exlat Ink(149) {54 Ehillion perrer (3o ‘84 DS & Ford s”t“rsi chology rather than currency expa s 2t 5 % = 3 ’ g 1ps Petrol (1).. ? 2 5 : For 1st pf ( s 3 West Virginia. i : 3 AviationCoroDel . 2 3% 3 2::: i Ce ol eudl 2% BISTee O DL : B8 Eaight ot oo 1% 15 sion ideas. At the same time, it was North Carolina.. . . 3 3 5 12 = Gillett Saf Ras (1). % Pierce Petroleum 2005 U S Gypsum (1) 521 hoped the Secretary might further South Carolina. + 3. i 114 Baldwin Loco (k) . 6 1% “ 70% Gillett Stf R pf (6). 513 Pitts Screw & Bolt. X g 7 U S Hoffman. 6 6 clarify the administration's gold and Percentage changes in April and in i EaldwiniEoco nECE) NI SESEAI % g 24 Gimbel Bros. 3 " 221 Pitts Steel pf... . 715 2716 4 U S Ind Alcohol <z) a1y u, | silver policies the first four months of this year in| 17 ;‘: g:l‘:m::::g;"‘" 2 ‘,(‘ ;,:“ 18 Gimbel Bros pf 2 1ia Pitts United Corp 3 K US Leather (A). 13% 13 | Hope for bigger and broader mar- comparison with the corresponding B tha 3 = 23% Glidden Co 1.30)4ve 24 613 Plymouth Uil (1)... 1 U'S Leather pr pf.. 65 kets was indicated in the sale of two periods a year sgo were as follows in | o 3t Parker Brothers. ., 2 4 L 114 Gobel (ABGIS). A ?;. lPJonr &flCo (8. g 1815 19% +115 | Stock Exchange seats for $90,000 each, ton, +8 and —4; New York, +6 and | gqn 3716 Bayuk Cigar (p4) 0 % Goodric ese } 5 ab:B. , S e . 8 made yesterday end $25,000 above the . yu 40 Goodrich (B F) pf. 6 Postal Tel & Ca pf. 9% g Rubber..... 121 1215 - | 16-year low sslsblished early last 1 ’—32; Philadelphia, +16 and 0: Cleve- 11% Belding-Hem (a50¢) 5 land, +13 and +3; Atlanta, +12 and 11% Rendix Aviation. .. 9 +4; Chicago, +11 and +7; St. Louis, 15% Beneficial Loan 1% 3 0 and 0: Minneapolis, +11 and +3; 21% Bethlehem Steel ... 26 Kansas City. +5 and -+5; Dallas, +14 £5% Bethlehem Stipf... 6 and +5; San Francisco, +22 and +8. 14% Rigelow-San Corp The Richmond report shows the DhTlew Booe Capital in a very fine trade position. 2“' g"':,"fl (Q"K":'s“;) The April gain is ahead of the average 284 Bocs War e 4 Borg Warner (11). for the fifth Reserve district, which 5 5 Botany Mines A (k) in turn is above the nveragelhtor‘the 81, Rridzp't Brass a10e whole United States. In e four i 2413 Briggs Mfg (2) of the fifth district average and the 31% Bristol-Myers t2.40 2 - 49% 35% Radio Corpptf B... fifth district above the national aver- 90 Bklyn-Man T pf (6) r A 26 1% Radio-Keith-Or (k) 28 21% Hackensack W (1% age. R R Queeneniia) | 64 34 Hahn Dept Stores. . 43% 20% Reading (2) ... Eccles Air Trip Recalled. 5% 42 Brynilniondes(l L5l 70% 55 Hahn Dpt Stores pf ; 11% % Remington-Ra: In addressing the North Carolina 4% Brunswick-Bal 107 101 Hanna (M A)pf(7). 5 89% 70 Remington-R 2d bf Bankers’ Association, Robert V. Flem- 43 B 20 16 Harb Walker (1)... 4% 2% Reo Motor Car. 2 g ARB HCyruRTE 9% 6% Hat Corp (A).seses 9 9 15% 9 Republic Steel. ing recalled the fact that Gov. Mar- 8% Bucyrus Erie cv pf. 1% HeyeaEody .. 49% 28% Republic Steel pf.. riner S. Eccles of the Federal Reserve 62% Bucyruc Erie pf (2) Hazel Atlas Gl (5) . 49 28 Republic Stipfet.. 15% Goodyear T & R.... 3 14 Pressed Steel C (k) % 1% I8 241 U S Rubber 1st pf.. 31% 31% — th 70 Goodyear $7 pf (4). 6% Pressed Stl C pt (k) L 95 USSmelt&R(16). 8 11415 113 11415 + anonth. 214 Gotham Silk Hos: i| 4 l:% groc&gnmb as) _2[;'1 i 5 52 334 324 334 + L — —— 13 Graham-Pai 013 115 Proc & Gam pf (5). 2 i 3% Steel f (2). .00 2 86% 867% — 5.'2 Gr:nbndnuga. 307n 23" 1;uu Sve N ‘.‘I 2.80). 5 5.}:&, [l:nnez,m:r‘res Ao P > CHICAGO STOCK MARKET 2 Grand Unfon.. 4 91k 62% PubSve N J pf (5). i niv Leaf Tob (2). 56 56 : SRR . 17" Grand Unionpf 1% 105 75 PubSveNJ pf (6 1% Univ Pipe & Rad v 1% mffi'&fi%fifi s e b 26 Grant (W THir1%) 2 24 3 120 100 PubSve NJpf (8 3 12 Univ Pipe & 18% 19 1 on the Chicago Stock Exchange 9% Great Northern pf. 3 824 34 Pullna 3%7 1 Util Pwr& Lt (A). 3 12 1% 133 d 9% Great Nor Ore (50¢) 8% 6% Pureonl..... g}x{rh Last 26% Grt West Sug (2.40) T0 49% Purevilpf... 21% 11% Vanadium Corp.... 12% W 4% 2% Va-Car Chemical... 38 Sve bill 16% EEEFR |I++P:I++ll 1 Guantanamo Sugar 2 2 11% 8% Purity Bakeries (1) F& O FFEEF 4 FEF FEFE ¥ Fi ¥ 27% Walgreen Co (1., 20) 283 1% Walworth Co. 10 2 2y, Warner Bros Pic. . 14% Warner Bros Pic pf ]0. 5 Warner-Quinian... 2 213 Warren Bros 21 Warren Fdy&! 4 Webster Eisenlohr. Wells Fargo WessonO & S 11%. Board recently flew down to Pas 3% Budd (EG) Mfg... 7 Helme (G W) 111% #815 75 RevereC & B pt 2 Weason O & 8 pf 4. it Christian, Miss, while special repre- 23 Budd (EG) Mfgpf. 60s Hercules Mot (60¢c) 2415 17% Reynolds Metals(1) 2 2 West Pa Elec (1) A 108 57 sentatives of the A. B. A. were giving D Tl W 2 78% 71 Hercules Pw (13%) 79% 80 +14| 17% 124 Reynolds Spr (40c) WestEw Risc pf (E)5 108 3 special study to the banking act of 155 Bust 202 W (8e) 128 122 Hercules Ppf (7).. 127% 127% — %| 51% 43 Reynolds Tob B (3) Wdet La Blec e ()8 900 i 1] 7 1935. He outlined in detail the aims D TAREd i) 4 11414104 Hershey C pf (15). 1104 110% 26% 21% Roan Antalope Litd. WSt ER Be)- S A HLIC 110 I TG oh Qi ony of title 2. The action of Gov. Eccles 10 DUSHTRINIC: e 5% Holland Furnace. .. By m -l —ee e ke L SR B 300 51 Howsensid * - n i . J 3 3 er 2 - 30 in sppearing before the meeting Was| g," 35 Byers (A M) of 48% +3% e o 30n ~ 3| 17% 104 StJoseph L (40c). ; Westinghse A B0 5 21 20 21 | 390 Eea Nousenod.. most courteous and helpful, Mr. | 30% Houd-Hirsh A(2%) 36k 36% — A Ve \ 4 6% Houdaille-Hersh B. 13% 13% + 2 1 St L-San Fran (k).. = Westingh'se Elec. 52 47 46% 4T + ¥ 50 Godchaux Bug A. Fleming said. He gave two full days| 5, 3474 Calitornia Pkg 1% 4 35% T Eoaston Gll(RUEY. e 8% 22 Schenley Distille 90 Westh'se 1st pf 3% 1608 101% 1001 101+ 15| 100 Gorihany Sue B, to the assembly and the time required 1% 1 Callahan Zine g oy 1 > . A S 6% Hudson Motor Car.. 8 4 1% Schulte Retail Strs. 2 g Westvaco Chi (40¢) 2013 201 201 — 12| 400 Houd-Her B’ in getting down there and back. Mr. 4% 2% Calumet & Hecla .. 2 3+ X 3 :f Hupp Motors. ..... 1% 55 Scott Paper (1.70). 30s Wheeling Steel. ... 2 17% 17:.' +1v: 10 %?,,}:imm Fleming called it a very unusual ex-| 115 7% Campbell-Wy(a20e) 15 M & 20% Seab'd Oil Del (t1). 6 White Motor. 8 84 8% + %| 130 Jeflerson Elec ample of real public service. 16% 8% Can Dry G A (40c). 2 10% 10% 51k Tiitnoin Cantralill 10% . 31 Sears Roeb’k (75¢). 30 Wiison & Coal2l%e 23 4 4y e At one point in his address Mr. 9% Canadian Pacifle... 10% — % 40 111 Cent Ise lines(4) 50 50 1% Second Nat Invest. 2 Wilson & Co pf (§). 641c 64% 100 Ken- haq TR Fleming declared: “We are living in 301 Cannon Mills (2)... 2 32 3 2314 Indus Rayon (1.68) 5% 40 Sec NatInvpfjlig. mo. Woolworth (2.40).. 597 59% + % an age of complex and upset economic 321 Cap Adm pf A (3).. 38% 38% — L 60% Ingersoll-Rand (2) 85 7% Servel Inc - 26% Worth Pump pf A T 8T 3T — % conditions, our affairs are closely in- 45% Case (J 1) Co. 5 69% 4+ %| o 46% Inland Steel (2).... €2 3% Sharp & Dohme 53% 351 Wright Aero.. 50 50 terrelated not only within the confines 8314 Case (J 1) pf (4). . 9% 4 99% +1 % 215 Inspiration Copper. 3 5% Shell Union 011 of our own borders but extend to 3614 Caterpil Trac(t14) & % 4 InsurShct Md l4c. 51 63/ Shell Union Oil p! other countries throughout the world, » 1914 Celanese Corp..... . 22 A 1% Intercontl Rubher. . 17 8% Silver King C (40¢) which, of course, retards our speed in Dot O e ) % 5 2 IntAgriculture.... 3 N e recovery. I think the greatest diffi-| oo 11% Gelotes Copf (k.o 708 %| 172 149% Int Bus Mach (p6) . s 2% SImaa s - , Culty we have to overcome in America 38% Cerro de Pasco (2), 23 &% o dnt Carriers1ia3%e pring b 24 Sloss-Sheffield pf 3 227 Int C t(1).... today is due to our impatience with 23 Certain-teed Ppf... 40s fl’/- 304 1:, H:T::at:r (60c) 4% 15% Snider Packing. 1% 11 Socony-Vac (60c).. :::‘:w':’r‘;g.'.“' D R DR S 3::,.‘:,?::':, (299 24 Lu Int Hydro Elec (A). L I oy e v = 28! 2% Int Nick Can (60¢). ug ons w’f‘“ w'kflmg“;l“edb’l‘““; h;" g % Chi Gt Westn (k A 1o e NIk Cam el o 105 South Cal EA (1%). o7, 18 UBILOf trading less than 100 snares (Partly exirs | iPius Tis next addresses will be before the L e MISt P& PD 1 It Paer & bw (& = 135 Southern Pacinesr | 21 - 55 g viock, o Pt 8 18 Soech) Prtiehied - % Int Paper « outhern Pacific South Carolina Bankers’ Association. 2% Chi & Northwest. . . a4 Int Pn:er& Pw p!.). a:: 7% Southern Rallway.. He will address the Virginia Bankers’ 4% Chi Pneumatic Tool 24 % 21% Int Print Ink (1)... 22 22 22 10 Southern Rwy pf... 13% Association at ot Springs and will 20 Chi PneuToolpf... 35 983 Int Print Ink pu() 103% 103% 108% -1% gs B 85% 34 35% +1% TS A AT R B baMo g %4%'JBONDS ON THE CURB MARKET i RN 9 Chile Copper z tion convention to be held at the same sl Enrvaier Cory 11 X e Tesort. 20 City Ice ‘uel (2). 6% Intertype Corp. . 8% 8% 8% —% Watson Flays Isolation Ideas. 87 City m&rnfom. 2011 ——— DOMESTIC BONDS. Jacksomt] G Bs, 42... 49 Sou Calif Ed 55 '39.... 105! 10513 105 'NSURANCE STOCK Thomas J. Watson, president of In- A28 CIR B 57% 38% Johns-Manville. ... 50% 50 60% ; High. Low. Close, | Jamal WS Bizs '55. ... 0,, 8 18 |8 Glif Ed 58 5111 10513 10313 051 S ternational Business Machines Corp., 23% Cluett Peabody (1), 125 1173 Johns-Manv pf ((7) 125 124 1244 + % | Alabam Pw 43 (67.. 4 138, [ G o 2 ‘““ %102% g Bd b 1087 . 15% Colgate-P-P (500). 7T ¢ A : en Gtil st 3s T89.. 83 2 NEW YORK. May 11 (m.—New York which has had an office in Wash- 1 X 15 738 50 Jones&Laugh 7%pf 56 56 56 <—1% |Alabama Pow s '51 % 98N Bl s, & b t s 44..... 92 01 Security Dealers’ Associatio ington for years, declared in a radio va. gzll’l:::fi'!k'::,:;l.) s P ————) Al 8 2 | 92 | K o _47 w A it Bt v i ke address on world affairs that any 15 Colo Fuel&lIron (k) 2 % 11 71 Kaufm'n D S(ad0c) 1 01% 101% } Sou L&P 58 A S o AeiR S CuE (R AT . 8% 71 economic policy which places too great 3% Col Gas & Elec..... 15 17 20% 15% Kayser(J)& Co 50o. 19% — 3% | Am El Pow 6s '3 10t 10 s 2 1}! L s A 3 2| ‘Aetna Life '(60) s ¢ emphasis on nationalism as a perma- 35% ColG& EDpf A (6). 2 3% Kelsey-Hayes (B). 12 —1 | A 2 325 sw e 2 Agricultural (3) ¥ t i t succeed. “Our 3 1G& Epf B (5). 10 14% Kelvinator (170c).. 15 =% G & Pw 65 '39 31" 31 |La P & L 58 '67, 918 19314 19 B ¥ Y Am Ine Newark ( (1) DeHE D Y. cCanmoy, S o . : tt C (60e A Stand G & E 65 o= Pl / efforts,” he said, “should be to re- 34% Colum Pic vte (m1) 1 13% Kiem;ec? i 19% + % 1 918 914 4 2 5 5 ° 55" | Stand Invest 5 3 | Am Surety (1) ,store & balance which will permit 67 Colum Carbon (4).. 14 A S Ot < Seating s 36, ... 8 y M '35 A 91 |Stand , 85 '57 o | Automobile (1) i interchange of raw materials, 391 Comcl Credit (2)... 20 23 Kinney (GR) Cop Appaich Pow 55 5 105, |Mes ~ 28, 10015 10033 oL . . 5214 Comel Credit(A)(3) 8 19% Kresge (S8)(1)... 24 o8t 101 68 1 100t 10034 . manufactured products and services B7% Gome Cred Arcts(3) 1 234 Kroger Gr&Bk 1.60. 3 3 13 108 . il 55.4 4, 109 ::::Iong' o:.llndtlar;xn.‘ IOHIZn én bteh“n::iy 29 Comel Cred pf (1%) 280s 32 ——————— et et 1097 Comel Cred 1st(63%) 708 117% 24 LambertCo (3).... 5 § prontst andiprospecity. zex and| “33™ 591, Comel Credit(B)(2) 3208 3214 9 5% Lane Bryant.. 54 . the various peoples of the world given 56% Comel Inv Tr 12% . 5 66% 10% Leh Port Cement. .. a mBe S0l 8 - g B, 03 o 1 {an opportunity to raise their stand- 111 ComelInvevpfies) 1 mu uzu nzu 1% 1% Lehigh Valley Coal. L g.“ - g o006 1agar 10gs : s Great Amer ‘ards of living through the full en- 17% Comcl Solv (t85¢).. 49 5% Lehigh Val Coal pf. P 3 37 B 2030 82 2 'r-s z 71 | Hasover (1.80) * joyment of the fruits of science and % Comw-& Southn... 45 5 Lehigh Valley R R. 4 L s E & i 4 | Hartfora Fire (2 ¥ invention. 29% Comw & Sou pf (3). 9 67% Lehman C (12.65).. 1% + % ' § 1t 831 @3 P 214 | Home Fire Sec, " s+ “In this connection I would like 27 Congoleum-N (1.60) 6 ;:V- L‘?;'i’;fpfl'r'é"éx'?’z:f ;gz:; Qoo Ad s A TGS ww o g0 5s '48... 68 £ t L& P 651810 43U 44 445 Dincoy Fire -to point out that the United States 44 Conn Ry&Lt vf (4% lfll % 160)... 29 t 87 7 25 1 “© ARt SR 2 Mass B0 0o .should benefit greatly through any 7 Consol Cigar.. 21 Life Saver ( oo % - % 1l 3 3 i D 4 ¥ L & Ry 6s A '52. ¢ a9 2 Natl Liverty 11 ',mpm,,,mem in the world’s living 4% Consol Film. .. 94% Ligg & Myers (16) . 108% +1% 4%as H 81.. 863, % _BAY, 6 48 47 48 |un L & R 6s A 'i3.. 4 IN i diti 15% Consol Film pf 16 93% Ligg & Myers B(15) 109% +1% | Sent g! K ‘! S T T N A= 0% 8 Rub @s '36, 102% 1 1 |Nm Rive j standrrds. S Asecnois “eciiong 15% Consol Gas N Y (1) 17% Link Belt (60c).... 3 23% 23% 23% + % 7 EG 23 6 10672 196 10678 | 8, O 5 Tl O "8, : 2 E ‘;?3\'“3‘:.&.”‘.1'\ g csnd living standards improve new 72 Consol Gas of (5).. 4 94k 24% Liquid Carb (11%). 30% +1% ] 12 110,110,110, biah Bies X abiell 8 801 w08 el Hre () markets will be created for those con- % 61 Consol Oil......... 63 9% 8% 9 31% Loew’s Inc (2) 39% + % | St X b . 2% 60% 6801, A 106% 1065106 % | Springfield 4'3) | i yeniences and necesaities produced 10815 Consol Ol pf (8) 1 Loft Inc. 1% g 3 £i8 ol e 6 Sw i ¢and consumed on a large scale in this . 21 Consol R R Cuba pf % 4% 1% Long Bell 1% + ¢ country, but which are still looked 1 Consol Textile..... 33 Loose-Wiles (2)... 34% + “upon as luxuries in many other coun- 9% Container Corp (A) 18% Lorillard P (12.20). 21% + tries. Among other products Amer- 3% Container Corp (B) 7% Louisiana Ofl pf... ican automobiles, American plumbing, 46% Contl Baking pf (4) 10% Louisv GEE(A)13%. i1di i 62% Contl Can (2.40)... 3¢ Loulsv & Nashv(3). American roadbuilding machinery and Ak American manufacturing equipment 28% Contl Insur (11. “)' : 190 Dapdinem DU - e T hased o Juality and pertormance - 20% Tt MeCrory Stra A () . TOTY by similar products made anywhere 62 Corn Prod Ref (3). 7% McGraw Hill Pub. .. else in the world. 4% Coty INC....coevee- 36% Mclntyre Porcu (2) “I might point out that if the 85% Cream of Wht $3%. 90% McKeesport T P (4) ‘ standard of living throughout the 3 16% 83 McKesson & Rob pf world were at the same level as it is 3 8% McLellan Stores (k) ' in the United States, it would require 3% 28% 20% Mack Truck .llcl G5 . all the factories in the world working < 32'/- ::Cd{ .;!: :)Gn‘;on « flligiineloe severy eara SOl cSs 5% Cuban-Am Sugar. . 189 Magma Copper (3)- Jioniyjore YOAEEULY. 40% Cuban-Am Sug pf.. sw- % Mallison &Co. ... ‘ Heard in Financial District. 40 Cudahy Pkg (23%).. 18% Man Elevm g (K) ... Exp. * TPrank M. Perley, trust investment 15 Curtis Publishing. 1 Maracaibo Oil S 4% Marancha Corp.. .. officer of the American Security & ! b e oD D Trust Co, Was the principal speaker | 0 7 6% Marshall Field..... + at & last meeting of the Security Club Mathieson Alk(1%) Beld at the Willard Hotel. Mr. Perley's | _20% 16 Cutler Hammer ) . subject was “Services of the Trust In- 6% Davega Strs (a20c) 33 Maytag pf w 52%c. | vestment Department.” 22% Deere& Co.... ... 9 41 Melville Shoe(t23%) , At the meeting Corcoran Thom, 23} Delaware & Hudson 5% 3 Mengel Co. ¢ president of the trust company, 11 Del Lack & West... 20% Mengel Co pf ' awarded prizes to three employes who 1% Den & RG W pf. 24} Mesta Mach (1%).- were credited with outstanding work 65 Detroit Edison (4). 80 21 Miami Copper. - Petaibe. last year at Washington Chapter, 261% Diamond M (11.70). 9% Mid-Cont = nking. 34% Diamo'd M pf 11.70. 60% M1dl'd Stl 1st pf(8) 2108 e s 343 Dome Mines (14).. 58 Minn-Hon R (13%). 1 sre Gustav E. Rott, Mlss Cecll Fleld- 84 Dominion Strs(1.20 5% 3% Minn Moline Pow... ' ing and Miss Martha Ann Baker. 173 Douglas Aircraft. . 26% 25% 64 2% Mo Kans & Texas. . The Federal Reserve Board ail- 18% Dresser Mfg A h1% 8% Mo Kans & Tex of.. nounced todsy that the Cleveland 6% Dresser Mg B..... 8% 8% 8K+ % 1% Mo Pacific pf (k) Federal Reserve Bank has cut its 86% Du Pontde N (2.60) 40 100% 99% 100% +1% 10% Mohawk C M (h26¢) rediscount rate to 112 per cent, effec- 77 55 MonsantoC (1).... o ek outs s rate 10 3 | 185 141 Eastman kod o () 13‘ Joo% Jop Jape v e cut ral stman (« . other essses = R = | 250% MHon Eatonairs cares s 18% 18% 18% - ¥ 1714 Motor Products (1). * & Kled Fid ® F BR EEE EFep U 3 PELESTIEEFETEISTF incol z 25% 18 YoungSp& W t1y 12 25 514 ":‘{j"’{,vr’g;‘a_c“é"c 21% 13 Youngstown S&T.. 3 16 100 Midl Ut 77 pi 4% 3 Zonite Products.... 3 3% 3w-th Approximate Sales of Stocks on the N. Y. Stock Exchange. Total sales for the day. 1,580,000 Public 8ve Dmdond tes as given In the above table are the annuaj ayments based on the latest quarterly or half-yearly ’?::gfighéu 40 Quaker gu; B i VLl 44444+ 4+ FF i ‘m'n' Foer 0 Blus 5% in stock. "o Plus 9% zed. at . 13% in ‘stock. % Ex-dividend s 9 @ 'é’ o rBneRnlnorRanEannmnn g3 : 8 S 183% 158 183w | TS ) 108 Westchester (1 "On (1 94 5150 10814 106 1003 b 7, 887 AK7 | (a) Including extra: "6l 10314 1084 1034 280 ,’;‘(’,‘;: fg,' 237 | (&) Declared of paid so far this year. 40..: 100% 100 * 1003 W U GE 5 L1043 10434 1043 prien S e, 10713 10712 107% 1%,| FEDERAL LAND BANKS 1 Yok Ry B vl NEW YORK, May 11 (P.—Federal Land Bark bonds. “M Alk!fl i Cltlu Servicl 5! Gas_blas '42 & m>-§' 4; o . e on ) A=l & g5 ST ) PER EEFE RS Buen A Bie BB 5% Danish Con 2 Ger Con Mun 6s Ger Con Mun 78 44‘ Hanov Pro 6las. uedemn 9 7, 51 s, >SS ge s R S>>, 4 10!6 10% 10%— 21% 21% — 35% 35% + % | Gonk, C&F A i b 3 = 18 159, Gricible suel 55 503 9 003% Pan 5 O 6550 Bl 97 s' 28 stn: 5 33 a1 |4 fy'.‘}{,"’“}%’,‘nffi’ ¥ 30 + 4| Cugshy Fke bs 5 5 5 6 69 69 |3 % % + lahy Pll n Det C Gas 5 5 g 'a.w:. PHPESES, ts. xw-Without war- "When issued. st (5tp)- fants; 83% 8""6 N u-bmu impaired by maturity. .,DK: 1081 mm. va'm%'-"me- Teported in receivership. NEW YORK PRODUCE. |l o a1 g e | (i selections :;.hmu!n‘:;.e‘rc'lfig%d;r:‘l 813 Action on AIIIDI“.I mediims. 40" poun emé Real Estate Mortgage and storage pukedhll'y‘:u Guaranty Corporation ners.” fancy. e it jI0 K 5% MW 3 a31: Pacific_Coast, Phone Nat. 1 Sheit treat m mmv'umn ms. 2815020 other _whil | e e . O CE EQUIPMENT, r: 3 WE SELL, BUY or EXCHANGE g, . seare BAUM'S FURNITURE HOUSE ess? 40.818, irresular. Prices un-|| 1416 Eve St. N.W. Ph. NA 2184 BT Sngazgans P A1 3330852832 T3 07! LU= 222, 2, et - = 0 e 00 =3 01N D 1 e 9 63 69 691 1 O €O1D 31 lm'/. lnl 105 o) 2383 TERE ’nm:"‘ 0RO FFEES 3 o [ e R 2 G o oad 3RIBIRSEEBIA [Y°s STy