Evening Star Newspaper, May 23, 1935, Page 18

A8 ®%% FINANCIAL. ________ THE EVENING STAR, WASHINGTON, D. 0, THURSDAY, MAY 25, 1085 FINANCiAL, MIOWBSELECTD TRANSACTIONS ON THE NEW YORK STOCK EXCHAN GE/SIOCKS RRECULAR GOMBS ELECTED TR ANS A AT SESSION'S END Prev, 1035 High. 20% 2 21% 8% Prey. 1038 Stock and Bales— Net. High. Low. _ Dividend Rate.. Add 00. High. Low. Close.Chge. 9% 674 Lehman C (12.66).. 16 78% 17% 78% + 82% 21% Lib-O-Ford G11.20. 386 29% 28% 29 + )eor 1 22 22ha 220 + 1 109% 109% 109% + Stock and Bales— Low. Dividend Rate.. Add 00. High, 10% St Joseph L4 (40c). 99 7 St L-San Fran (k).. 2 Net. Low. Close.Chge. 21% +1% ” " 17 —4% 2T% + % By private wire direct to Prev, 1035 Stock and Bales— Net. 3 5 Add 00. High. Low. Close.Chge. 22 6% 6% 6% 1 81% 31% 31% 12 11 10% 10% - % STOCK AVERAGES Compiled by the Associated Press. 94Y% Ligg & Mye) 22 Schenley Distilles 4“4 Capital Agents Write Total of $5,155,000 During National Drive. BY EDWARD C. STONE. J. E. McCombs, general agent of the Berkshire Life Insurance Co., was elected president of the District of Columbia Life Underwriters' Assocla- tion at the an- nual election held following an- nouncement that Washington agents wrote a total of $5,155.000 in new business during Life In- surance week. The meeting was held at the Wil- lard Hotel yester- day. The new president has been active in the association for "yE years. Laurence H. Riggles, Phoenix Mutual Life Insurance Co. was elected first wvice president; Earle W. Sapp, general agent New England Mutual, second vice president; Charles W. O'Connell, general agent Minnesota Mutual Life Insurance Co., treasurer, and Joseph A. Barbeau, agent Acacia Mutual Life Insurance Co., secretary. F. George Clendaniel, retiring presi- dent, will serve on the board of direc- tors during the coming vear, together with P. L. Rogers, Dwight W. Scott and George T. Black, who have been on the bgard, and three new directors elected yeésterday, Earl W. Sapp, Ver- non W. Holleman, general agent Home Life of New York, and Thomas R. Crowley, one of the general agents of the Penn Mutual. Insurance Goal Far Exceeded. The total of $5,155,000 written here 4n the six-dey drive involved 1,701 ap- plications. The goal had been 1,000. It was announced that the team cap- tained by Freedman N. Stricklan cap- tured first honors by securing 106 ap- plications, this team including: S. H. Gettis, Leo D. Wells, J. W. White, W. C. White. C. O. Whitmors, w. L. Whitson, Robert Wick. E. O. Wiel- and, Abraham Wiener, Willie T. Wil- liams. William A. Willis, Bernard L. Wilner. Morton H. Wilner, C. M. Wil- son. Graham E. Wilson, Maj. Guy Withers, Alexander Wolf, jr.; Miss E. R. Wolfe, E. Wolverton, Claude E. Wood. H. C. Young, Nathan Ben ‘Watkin and D. W. Zook. On the 25 teams, No. 19, Capt. Lynch, won second place with 72 applications, and No. 21, Capt Nichols, won third honors with 70 applica- tions. Individual prize winners were also announced at the victory lunch- eon, first prize being carried off by Maj. Guy Withers, Equitable Life As- surance, who obtained 33 applications during the week: Sidney Simon, New <ork Life, second with 29 applica- tions, and Ellis Silvertone, Metropol- itan, who came third with 24 appli- cations. Special prizes were awarded these three men, amid great applause. In addition to these topnotchers, the following wrote 12 or more new applications during the week: L. D. Carroll, Mutual Life of New York; S. H. Gettis, Fidelity Mutual; Blanche Weaver, Jefforson Standard: Claude A. Cook, Equitable Life Assurance; C. Moore, Prudential; George E. Har: ris, Mutual Beneficial of New Jersey; R. A. DuFour, Massachusetts Mutual; J. H. Horrigan, Penn Mutual; Roy E. Hughes, Equitable Life Assurance; M. H. Naiman. Metropolitan, and Frank McCombs. D. Roach, Mutual Beneficial of New | Jersey. A list as long as the moral law was also reported at the luncheon of those who had written six or more applications during the week. Pres- fdent Clendanial presided, four hun- dred of the city’s leading agents being present. Winthrop Batchelder was general chairman, who expressed grat- Itude for the remarkable co-operation displayed in the big campaign. Lanston Asks Registration. ‘The Lanston Monotype Machine Co. has filed an application with the Becurities Exchange Commission ask- ing for permanent registration, it was announced at the Washington Stock Exclsnge today. The application covers the company’s common stock. which is listed on the exchange here and is an active issue. The stock went to 60 following the recent annual report. About 10 of the leading corporations having securities on the local exchange have filed their applications with the Securities Commission. The appli- cations are expected to be in by June 1, as the permanent registration law goes into effect on July 1. Corpora- tions having securities on the ex- changes all over the country are now rushing their applications to Wash- ington. The commission has hinted that the date for filing may be ex- tended, but the date for the perma- nent registration law going into effect cannot be changed. Many corporations have complained over the expense involved in filing these applications with the commis- sion. The amount of information de- manded requires a great deal of re- search. The information gives the commission and the investor an ex- haustive summary of every company’s condition, but the cost has caused a tremendous amount of grumbling from coast to coast, regardless of the improved standing which the cor- porations receive from registering. Heard in Financial District. ‘Barber & Ross 6'2 per cent bonds received all the trading attention on the Washington Stock Exchange to- day, $500 changing hands at 20 Bid and asked prices on other issues re- mained practically unchanged. Capi- tal Transit stock was quiet today, closing with 143, bid and 15% asked. Effective July 1, the rate on savings deposits in Baltimore banks will be reduced to 2 per cent on the first $5.000 and 1 per cent on all balances in excess of that amount. At present the rate is 2 per cent on the first $10,000 and 1 per cent on the balance. ‘The Washington office of G. M. P. Murphy & Co. will be well represented at the District Bankers’ Association Convention, the entire managerial staff planing to attend, Charles Car- roll Morgan, A. Chester Flather and John E. Parker. At previous conven- tions Carroll Morgan has carried off some very high tennis honors." The Chesapeake & Ohio Railway reports for the four months ended April 30 net income of $8,262,548 after taxes, charges and sinking fund ap- riations, equal after dividend re- quirements on 6% per cent preferred stock to $1.07 a share (par $25) on 7,653,622 shares of common stock. This compares with $9,127,475, or $1.19 & share on 7,653,394 common shares in first four months of 1934. Dally average sales of chain grocery stores in April, 1935, showed an in- crease of about 6 per cent in dollar volume over April, 1934, and were about 115 per cent above March, 1935, the Department of Commerce reports. R NEW YORK BAR SILVER. /NEW YORK, May 23 (#).—Bar sil- ver barely steady, % _lower at 76. } 8% 6% AMliated Prod 135% 104% Atr Reduction (3).. 20% 15% Alaska Jun (11.20). 1% % Alleg Corp (k).. 6% 1% Aleg pfxw (k). 124 6% Alleg Cp pr pf (k) 261y 21 Allegheny Stl (1).. 1517 1256 Allled Chem (6).. 20% 12 Allis-Chalme: . 20% 14 Alpha Port Ci ) 214 Amal Leather...... 26% Amal Leath pf (j2). 48% Amerada Corp (2).. 13% Am Bank Note..... 43 AmBank Npf (3).. 21 Am Brake Sh (t85¢) 125 119 Am Brake Shpf(7). 128 110 AmCan (16).. 168 151% Am Canpf (7)..... 20% 10 Am Car & Foundry, 45% 25'¢ Am Car & Found pf. 90% 66 Am Chicle (t4)..... 381, 2215 Am Comcl Alcohol. 613 Am Crystal Sugar.. 57% Am Crystal Sug pf. 1% Am Encaustic..... 2 Am & Foreign Pwr. 12 Am & For Pw pf (6) 14 Am & For Pw pf (7) 2% Am Hide & Leather 17 AmHide & L pf.... 814 Am Ice Co. 415 Am Interna’ e 9 Am Locomotive.... 82 Am Locomotive pf. 18% Am Mch & Fy (80c) 4% Am Mach & Meta 4% Am Mach & M etf.. 1315 Am Metals........ 1'¢ Am Power & Light. 8% Am P&L $5 pf (1%) 10% Am P&L $6 pf (13%) 101 Am Radiator...... 154 Am Rolling Mills. . 66 Am Safety Raz t6% 413 Am Seating = 20 Am Shiphldg (2)... 31% Am Smelt & Ref... 103 Am S&R 6% pf 7% 144 121 Am S&M 7% pf (7). 74 63 Am Snuft (13%)... 18% 12 Am Steel Foundry. 9415 88 Am Stl Fdry pf (2). 43 3315 Am Stores (12%) 7013 65 Am Sugar (2). 140% 12613 Am Sugar pf (7)... 121 98'% Am Tel & Tel (9). 86 724 Am Tobacco (5).... 88 74% Am Tobacco B (5).4 140 129% Am Tobacco pf (6). 19% 9 Am Type Fdrs pf(k 14% T Am Wat Wks (80c). 643 48 Am Wat W 1st (6). 9% 4% Am Woolen. 85! Am Woolen p: 5% Am Writ Paper (k). Am Zinc & Lead. .. 31 Am Zinc & Lead pf. 8 Anaconda Copper.. 1215 Anchor Cap (60c).. 36 Archer-Dan M t1%4. 314 Armour of Illinois. 551 Armour 11 pr pf (6) 4 Arnold Constable. . 714 2.ss0 Dry Goods. ... R07x Asso DG 1st pf(j6) 48 AssoDG2dpf..... 35% Atch To&S F (h2) 21% Atlantic Ref (1)... 221, Atlas Powder (2).. 106% Atlas Powder pf (6) 111 Atlas P pf(6)called. 15 Auburn Auto. . 513 Austin Nichols. ... 8515 Austin N pf A (5). Aviation Corp Del 3 113 Baldwin Loco (k) .. 712 Baldwin Loco pf(k) 71, Baltimore & Ohlo. . 91, Baltimore & Ohio pf 31, Barker Brothers. .. 321, Barker Brothers pf. 57 Barnsdall Corp 371, Bayuk Cigar (2.50) 107% Bayuk C 1st pf (7). 11t Beldinz-Hem (a50c) 85 Belg Nat pt pf (7.02 11% Bendix Aviation. .. 151 Beneficial Loan 1% 34 Best&Co(2)... 21% Bethlehem Steel 55% Bethlehem St pf. 14% Bigelow-San Corp.. 98 Blaw-Knox...... 281 Blumenthal pf 6ia Boelng Afrplane Bohn Alum&Br ( Bon Ami (A)(15).. Borden Co (1.60)... Borg Warner (134). Boston & Maine. ... Bridgp't Brassal0e Briggs MIg (2).... Briggs & Strat (3). Bristol-Myers t2.40 Bklyn-Man 5T (3).. Bklyn-Man T pf (6) Bklyn & Queens. ... BkIn&Queens pf(2) Bklyn Unfon Gas(5} Bucyrus Erie. Bucyrys Erie cv pf. 628 Bucyruc Erie t (2) 31, Budd (EG) MIg... 23 Budd (EG) Mfg pf 213 Budd Wheel. 81, Bullard Co 3% Bulova Watc Y% Burns Bros (B). 3 Burns Bros pt. 13% Burr Add M (60c).. 1 Bush Terminal (k). 10 Bush T Bldgpfet.. 114 Butte Copper & Zine 11% Byers (A M).. .. 44 115 1314 | 117% 171 1% 384 34% Ta 26% 13% 5812 10 5974 98 33% California Pkg (1% 14 Callahan Zinc. 214 Calumet & Hec! 715 Campbell-Wy (a2 8% Can Dry G A (40c). 9% Canadian Pacific. .. 4% Capital Admin (A). 85 CarClin & O sta (5) 45% Case (J 1) Co...... 8313 Case (JI) pf (4)... 3675 Caterpil Trac(t1%) 194 Celanese Corp..... 1% Celotex Co (K)..... 1% Celotex Co vte (K). 11% Celotex Co pf (k).. 22% Cent Aguire (1%) 614 Century Rib Mills. . 38% Cerro de Pasco (2). 384 Certain-Teed Prod. 23 Certain-teed Pof.. 37% Ches & Ohio (2.80). % Chi Gt Westn (k).. 1% Chi Gt Westn pt (k) 20% Chi Mail Order. % Chi MilIStP&P. % Chi Mil St P & P pf. 2% Chi & Northwest. .. 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf .. 1% Chi R I&P 6% pf (k) 2513 Chickasha C O (2) 9 Chile Copper 81 Chrysler Corp t1%. 20 City Ice & Fuel (2). 2 16 - P LT P T = 8% 8% 8k + W 136 134% 136 + % 18 17 1 % 3 10 264 264 149% 19% 17% 1 1% - % 1 =% 3 3 10 10 -1% 26% — 49% + 19% - W 1% 31 31% + 69% — (*) New 1935 high. Ba Al Stock and Dividend Rate.. Prev, 1935 High. Low. 89% Curtis Pub pf (7). 2 Curtiss Wright.... 6% Curtiss Wright (A) 16 Cutler Hammer ... — e 228 Deere & Co 19 Deere & Co 231 Delaware & Hudson 65 Detroit Edison (4). 36 Devoe& R (A)(12), 26Y% Diamond M (11.70). 34% Diamo'd M pf 11.10, 341 Dome Mines (14).. 81 Dominfon Strs(1.20 171 Douglas Aircraft. . Fresd'LFesess Dunhili Internatl, 13 Duplan StIK (1).... 102 %6% Du Pont de N (2.60) 131 126% Du Pont deb (6)... 1125 104 Duquesne Lt 1st (5) 23 17' Durham Hos pf(j2) — 146 11013 Eastman Kod (). 20% 16% Eaton Mfg (1).. 29 19% Electric Auto Lite.. 112 107 Elec Auto Lite pt 7. 6% 3% Electric Boat 8% 6 Elec & Mus ind..., 3% 1 Elec Pwr & Light. .. 13% 2% Elec Pwr&Lt $6 pf. 14%s 3 Elec Pwr&Lt $7 pf.. 39 Elec Stor Bat (2%) % Elk Horn Coal pf (k 523 Endicott-John (3)., 1 Engineers Pub Sve. 14 Eng PubSve$s pf.. 15'% Eng Pub Sve $6 pt 5 Equit Office Bldg T4 Erie R R. 104 Eureka Vac 5 Evi Auto ( EPREFE T p2& % Fairbanks Co. 4 Fairbanks Co pf. 17 Fairbanks-Mor: 714 Fairbanks-Mrs pf. 40 Fed Min & Smelter. 3% Fed Motor Truck 2815 Fid Ph F Ins(11 1064 Filene'sS pf (6%) 13'x Firestone (40c). 84!y Firestone pf A (6). 45% First Nat Strs(2%) 19 Florsheim (A)(1).. 20% Food Mach (1)... 974 Foster-Wheeler.. .. 60% Foster-Wheeler pf. 198, Fourth Nat Inaéle. &% Fox Film (A) 17% Freeport-Tex ) T4+ 010 7 Gamewell Co . 5% Gen Am investors.. 32% Gen Am Trans(1%) 11% Gen Asphalt....... 7% Gen Baking (60c).. 5% Gen Bronze........ 2 Gen Cable... . 63% 50 Gen Cigar (17) 143 127% Gen Cigar pf (T)... 26% 20's Gen Electric (60¢). 32 Gen Foods (1.80). 597 Gen Mills (3). 268 Gen Motors (1). 1073 Gen Motors pf (5) 17% Gen Print Ink(1.20) 93! Gen Print Ink pf 6 1'% Gen Public Service. 15% Gen Ry Signal (1). % Gen Realty & Util.. 14% Gen Real &U pf ww 1614 Gen Refrac ctfs. 14 Gen Stl Casting pf. 12 Gillett Saf Raz (1). 70% Gillett Stf R pf (5). 21 Gimbel Bros . 18 Gimbel Bros pf.... 29 23% Glidden Co(11.30).. 109% 1047 Glidden Co pr ot (7) 18 14% Gold Dust (1.20)... 117 111'2'Gold Dust pf (6) 11% 7Tis Goodrich (B F). 5413 40 Goodrich (B F) 6'» 15% Goodyear T & R 92 70 Goodyear $7 pf ( 513 2% Gotham Silk Hose 50 20 Gotham Silk H pf. 8% 1% Graham-Paize. 8% 5% Granby Consol 5 2% Grand Union. 29% 35ts 14% Grand Union p! 26 Grant (WT) (1%2). 17% 127 *+1 &y F& LH++0 L #0040+ ERFEEIAF $EP P 4+ B ORP PEP EF FEFFSEFEREE FREEES 984 Great Northern pf. 9% Great Nor Ore (50c) 26% Grt West Sug (2.40) 1 Guantanamo Sugar. 6 Gulf Mobile & N pf. 48 Gulf States Stl 1st. Hahn Dept Stores. . Hahn Dpt Stores pf Hall W F Printing.. Hamilton Watch pf Hanna (M A)pf(7). Harb Walker (1). EERFEFES 1% Hayes Body... 100% 85 Hazel Atlas Gl (5). 140 127 Helme (G W) t11% 19% 11 Hercules Mot (60c) 80 71 Hercules Pw (13%) 128 122 Hercules P pf (7).. 813 73% Hershey Choe (3).. 11414 104 Hershey C pf (16).. 91 b5% Holland Furnace. .. 40% 80% Houd-Hirsh A(2%) 14% 6% Houdaille-Hersh B. 17% 9% Houston Oil. 3% 13 Houston Oil ( 56 43 Howe Sound (3)... 5% 2% Hudson & Manhat., 124, 6% Hudson Motor Car. 3% % Hupp Motors —s 17% 9% Illinois Central 33 2315 Indus Rayon (1.68) 88 6015 Ingersoll-Rand (2). 6415 46% Inland Steel (2).... 4% 2% Inspiration Copper. 6 4 Insur Shct Md léc.. 16% 8% Interboro R T . B E 28! 126 209 bT% 18% 105% 15% Td% 164 6% 89% 85% 47 R7 City Ice & F pf 6% 12 23% Cluett Peabody (1 11215 Cluett Peb pf (1) 1617% Coca-Cola 8). . 53% Coca-Cola (A) 15% Colgate-P-P (50c).. 101 Colgate-P-P pf (6). 9 Collins & Atkman. . 1% Colo Fuel&Iron (k) 5 Colo F &1 pf (K)... 3% Col Gas & Elec. 35% Col G& Epf A (6). 31 ColG& Epf B (5). 2414 Colum Pic vte tm1) 67 Colum Carbon (4) 391 Comcl Credit (2). 291 Comel Credit(B)( 56% Come! Inv Tr ¥334. 17% Comel Solv (185¢). % Comw-& Southn 29% Comw & Sou pf 27 Congoleum-N (1.60) 23% Conn Ry & Lt (¢%) 8% Consol Film....... 14% Consol Film pf j1% 15% Consol Gas N ¥ (1) 6% Consol Ofl....... 21 Consol R R Cuba pf % Consol Textile..... 914 Container Corp (A) % Contl Baking (B).. 46% Contl Baking pf (4) 62% Contl Can (2.40)... 7 Contl Dia F (albc). 28% Cont! Insur (11.35). % Contl Motors 15% Contl O Del a13% 41% Corn Ex Bk&Tr (3) 62 Corn Prod Ref (3), 149 Corn Prod pf (7). 4% Coty Ine. . 35% Cream of Wht 13 28% CrownC & 8 (1) 43% Crown PL(3.T0) 3 ¥ 1841 6% 33 4y 3 29% 130 3 1% 12 27w 27 27 20s 125 125 125 -1 1207 207 207 +1% 2 66% b56% 56% — 4 4 17 16% 17 1104 104 104 — % 45 14 13% 1. 90= 134 Intercontl Rubber 43 Interlake Lron. . 149% Int Bus Mach (p§) 3% Int Carriers Litd 200 22% Int Cement (1)..... 343 Int Harvester (60c) 21 Int Merch Marine. . 22% Int Nick Can (60c). 125 Int Nick Can pf (7) 1t Int Paper & Pw (A) % Int Paper & Pw (C) 4% Int Paper & Pw pf. 21% Int Print Ink (1)... 981s Int Print Ink pf (6) 47% Int Shoe (2). Int Silver. 12% 8% Iniarsiate Degt Strs 9% 6 Intertype Corp..... _— 57% 49 Jewel Tea (3)..... 57% 38% Johns-Manville.... 125 117% Johns-Manv pf ((7) 73 50 Jones&Laugh 7%pt —_——— 12% 7% Kaufm'n D S(a40c) 15% Kayser(J)& Co 60c. % Kelly-Spring T (k). 6 Kelly-Spr T 6% pf. 6 Kelsey-Hayes (A). 3% Kelsey-Hayes (B). 14 Kelvinator (t70c).. 13% Kennecott C (60¢) . 10 Kim Clark(a.12%). 23 Kinney (G R) Copt 19% Kresge (S8)(1) 22% Kroger Gr&Bk 1.t 12 Laclede Gas St L. 15 15 Rails. Util. Stocks. —1 217 218 219 les- dd 00. b3 24 8 2 200% 1 24 14 3 208 2508 107 18 20! 4 9 30 2 4102 1140 118 4 9 108 124 3 80 - - - ARunea—afonag - LI [ S aadmae 2 13 208 123 61 50% Unch. 283 283 274 313 29.0 +.1 423 422 40.3 41.0 425 348 514 349 169 157.7 Net. Low. Close.Chge. Y 4 6914 P R NI FEREEESETE i L3 Tre ol AN R EO8S EFEEEE S8 4 6913 106t 107 * ™ ] 209 9 214 100% 140 18 814 124% T9% 11 9 36 134 16% 27 bliy %) T 1a % “ 10% 261y 86 63% 3 [ 128% 2% % B57% 50 % 123% 61 20% 9% 2% 102 140 18 781 — 124% - 9% - 111 S + 36% + 13% — 16% + 15). 93% Ligg & Myers B(15) 167% 151'% Ligg & Myers pf (7) 24% 17% Link Belt (60c).... 24% Liquid Carb (11%). 31% Loew’s Inc (2). 3 167 7 25 5 30% 21% 18% Lorillard P (12.20), 140 124 Lorillard P pf (7).. 1% % Louisiana Oil...... 14% 7% Louisiana Oil pf... 17% 10% Loulsv GRE(A)1%. 47% 34 Loulsv & Nashv(3). 18% 12% Ludium Steel...... 109 90% Ludlum Stl pf (6%) 28 McCall Corp (2).... T4 MecCrory Strs A (k) 64 McCrory Strs B (k) 36% MclIntyre Porcu (2) 90%s McKeesport T P (4) 6% McKesson & Rob. .. 83 McKesson & Rob pt 814 McLellan Stores (k) 20% Mack Truck (1).... 3015 Macy (R H)& Co(2) 515 Madison Sq Garden, 18% Magma Copper (2). % Mallison & Co...... 7 Mallison & Co pt... 4 Manati Sugar pf (k) 13% Man Elevm g (k).. 10 Manhat Shirt (60c). 1 acaibo Oil Exp. 5% Marine Midld (40c) 3% Market St Ry pr pf. 1 Market St Ry 2d pf. 20 Marlin-Rockwell(2) 6% Marshall Field..... 23% Mathieson Alk(1%) 85% May Dept Str (1.60) 5% Maytag Co........ 41 Melville Shoe(12%) 3 Mengel Co = 27 M-G-M Pic pf (1.89) 215 Miami Copper. . .. 915 Mid-Cont Petalbe. 814 Midland Steel Prod 60 Midl'd Stl 1st pf(8) 58 Minn-Hon R (13%4). 37% Minn Moline Pow. . 81 Minn Moline Pow pt % Minn & St L (k). 1 MStP&SSMpt. 10% Mission Corp. 2% Mo Kans & T 57 Mo Kans & Tex pf. 10% Mohawk C M (hZbc) 55 MonsantoC (1)....x 21% Montgomery Ward. % Mother Lode....... 171 Motor Products (1). Tia Motor Wheel (50¢). 7 Mullins Mfg 367 Mullins Mfg pf. 4% Murray Corp. ..... 30 Myer(FE)&Co160. 30s 11% 3 38% 2 32% 4 10% 3 9% 6 42% Nat Aviation at Biscuit (1.60) at Biscuit pf (7).. at Cash Reg A 60c 18 Nat Dairy Prod 1.20 19 Nat Dept Store (k). 2 Nat Dept S 1st pf(k 708 Nat Distillers (2).. 64 Nat En & Stpg (h1) 2 Nat Lead pf (1) A.. Nat Lead pf (B) (6) Nat Powr & Lt (S0c Nat Steel (11%)... Nat Supply Co. Nat Supply Co pt.. Nat Tea (60r)..... Newherry(J J) 160 Newberry(JJ)pf(7) 208 Newport Industries 7 N Y Airbrake...... 4 N YCeniral RR 55 NYChi &StLopf.. 1 Y & Harlem (5).. 1008 N Y Investors (k) .. 1 N Y N H& Hartfor¢ 2 NYNH&Hartpt, 4 N ¥ Shipbuilding.. 3 N ¥ Steam 1st (7).. 30s 30% Noranda Mines (h2) 17 158 Norfolk & W (110). i 2 North Am Aviation. 9 North AmCo (1)... 35'; North Am Co pf (3) » 131 Northern Pacific. .. 2% 1% Norwalk Tire&Rub —_— 141 9% Ohio Oil (a1 45 265 5l 20% 16174 150 136 121% 9 50 17% 0% 110 5313 11813 * 10s 135 10 8 5 49\ 184 Yy 9% 284 6la &4 175 4 151 19 1i% Oliver F 3% Omnibus Corp. .... 11t Otis Elevator (60c) T 44 Otis Steel ........ 93 80 Owens-Ill Glass(4) e el oo 20 134 PacificG&E (1%). 301 19 Pacific Ltg (2.40).. 21 12% Pacific Mills (hi0c) 96 70 Pactfic Tel & Tel (6} 913 7 Pac W'nOil (h40c). 313 Packard Motor. ... 8 Panhandle Prod&R. 21, Par-Public ctfs (k) 2 Park Utah........ *, Parmelee Transport 1, Pathe Exchange 84 Pathe Exchange(A) 8% Patino Mines 6415 Penick & Ford (3) 57% Penney (J C)(2 Penn Dixie Cement. Penn Dixie C pf(A) Fenn R 1 1) = Peoples DS (T1%). Peoples Gas Chi ... Petrol Corp (h50c). 12% Phelps Dodge a25c. 23 Phila Co 6% pf (3).. 1% Prila & Read C& I. 354 Philip Morris (1)... 13% Phillips Petrol (1) 1, Pierce Oil. 31 Pierce Oil p! % Pierce Petrol o 31 Pillsbury Flour 1 51 Pitts Screw & Bolt. 2214 Pitts Steel pf.. ... 10% Pitts Term Coal pf. 615 Plymouth Oil. 614 Poor & Co (B) 6 Postal Tel & Ca pf. % Pressed Steel C (k) 17 613 Pressed Stl C pf (k) 8l 49% 42% Proc & Gamb (1%4) 23 497 1205115 Proc & Gam pf (5). x 308 1205 307 20% PubSve NJ (2.40). 20 30 911% 62% PubSveNJpf(5). 3 89 52% 34 PullmanlIno (3)... 33 5% Pure Oil. . s b oo 2608 a)y 1 165 3 12% b57a 554 51 2% 5 4 Radio Corporation. 50 RadioCorppfA3% 36% Radio Corp pf B... 1% Radio-Keith-Or (k) 31 Real Silk Hoslery.. 1 Reis (Robert).. .. 8 Rels (Robt.) 1st pf. 8 Remington-Rand.. 71% Remington-R 1st pf 70 Remington-R 2d pf 2% Reo Motor Car. 9 Republic Steel 28% Republic Steel pf.. 28 Republic Stl pf ct.. 171 Reynolds Metals(1) 12% Reynolds Spr (40c) 55% Reynol ob (3).. 434 Reynolds Tob B (3) 5% Ritter Dental...... 21% Roan Antelope Ltd. 2913 Roy’l D h1.35 3-10c. 241 4 34 84 37y Safeway Stores (3) 8110 109% 109% — 166% 166 — 25 30% 4% 1% 345 20% % 10s 139 139 139 i 1 1 11 38 32% 10% 9% 42% 112 26'% 30% 41% 1% 34%, 20% 1% 1 16% 16% 16% 38 9 16% 16% 16% 1110 110 110 32% 104 9%, 4% 112 6 * + %W - % -1 +1% -1 =1 +1 +H+ 00 4+ 4+ +r+ )+ 4 204 68 % 55% 40% 18% 11% 90 20 15% 28 1431 16 19% 2 668 60% 20 11y S8, 217 1% Schulte Retail Strs. 8 Schulte R Strspf.. 56 Scott Paper (1.70). 3% Seaboard Air L (k). 20% Seab'd Ofl Del (11). 31 Sears Roeb’k (75¢c). 1% Second Nat Inves! % Servel Inc... . 9 Sharon Steel Hoop.. 3% Sharp & Dohme.... T% Shattuck (F G) 25e. 5'3 Shell Union Oil.... 63'% Shell Union Ofl pf.. 8% Silver King C (40c) 6 Simmons Co. 13% Simms Petrol 614 Skelly Oi1 60 Skelly Oil pf ww. 15% Snider Packing 11 Socony-Vae (60c). 20 Sou Porto R Sug (2) 132 Sou Porto R S pf (8 10°¢ South Cal Ed (13%). 12% Southern Pacific... 7% Southern Railway. 10 Southern Rwy pf 5 Spalding (AG).... 591 Spang Chalf pf (J1) 314 Sparks-Withington 3% Spear & Co. Sperry Corp Spicer Mfg pf (3).. Spiegel-May-Stern. 6 Stand Brands (1)..x 99 Stand Brands pf (7)x100s 123 4 Stand Com Tobacco 1 3 4 Stand Gas & Elec. .. 354 Stand G & E $7 pf.. Stand Inv Corp..... and Oil of Cal (1) Stand Oil Exp pf(5) Stand Oil of Ind (1) Stand Oil of Kan (2 Stand Oil N J(11%) Starrett (L S) aZie erling Prod (3.80) Sterling Secur pf... Stewart-Warner Stone & Webster udebaker (new) n Oil ($1). Superheater (50¢c Superior Ofl... 5 Superior Steel. 3% Sweets Co of Am 308 20s 40s 20 23 § 601y 4 Tennessee Corp. 164 Texas Corp (1).. 288, Texas Gulf Sul (2) 31 Tex Pac Coal & Oil. 815 Tex Pac Land Trust 3ia Thatcher Mfg(a25¢ 21; Thermoid Co. ... .. 16 Third Nat Inv 13% Thompson Product 1% Thompson Starrett. 17 Thompson Star pf.. 7% Tide Wat Ass0 Oll. 84 Tide Wat A O pf(6) 4% Timken-Détroit. . 268% Timken R B (11%). Tl Trans & West'n Air 4°x Transamerica (25¢) 5 Transue & Williams 17 Tri-Contl Corp .. 69 Tri-Contl Cpf (6). Trico Prod (2%) 4% Truax-Tra Coal. 315 Truscon Steel. 18 TwinCity RTpf.. . 105 31 Ulen & Co. Und-Ell-Fisher (2). Un Carb&C 1.60. Un Oil of Cal (1) 1% 53% ific p qd Afrcraft. United Afr L vtc. .. United Bisc {160). United Carbon 2.40 United Corp. .. United Corp pt (3) United Drug..... United Dyew pf () United Coal. . United Fruit (3)... United Gas Imp (1) United Gas 1 pf (5) United Pce D W... Unit Piece D W pf. U S Distributing pf US & For'n Secur... sum (1). um pf (7). USGyy U S Ind Aleohol (2) U S Leather Leather (A)... S Pipe & F (50¢). U.S P&F 1st pf 1.20 U'S Realty & Imp. U S Rubber. U S Rubber 1st pf.. U S Smelt &R (16). J S Sm& Rpf (3%3) U S Steel . U S Steel pf (2).... United Stores (A).. Univ Leaf Tob (2). 133% Univ Leaf T pf (8). 31 UnivPiclstpf.... 1% Univ Pipe & Rad 1 Util Par & Lt (A).. 11% Vanadium Corp.... 341s Vick Chem (12 40) 1% Car Chem 6% Dt 7213 Va El & Pw pf (§) 1 Wabash (k). 274 Walgreen Co ( Walgreen pf (6%). Walworth Co Ward Baking pf (2) Warner Bros Pic... Warner Bros Pic pf Warner-Quinlan. .. Warren Bros. . - Warren Bros cv pf. Warren FAy&P (2). Wells Fargo Wesson O & S 11%.. Wesson O & S pf 4. West Pa Elec (1) A West Pa Elec pf (6) West Pa Elec pf () West Pa Pw pf (6). West Pa Pw pf (7). Western Pacific pf. Western Union. ... Westingh'se A B 50¢ Westingh'se Elec. . Westh'se 1st pf 3% Weston Elec A (2). Westvaco Chi (40¢) White Motor White R’k M S 1.40. Wilcox Oil & Gas. . Wiison & Coal2le Wilson & Co pf (6). Woolworth (2.40).. Worthington Pump 251; Worth Pump pf A.. 351 Wright Aero...... 73% Wrigley W ir(t3%) 28 Yellow Truek. 311 Yellow Truck p: 18 Younz Sp& W 11 13 Youngstown S&T.. ——————— 4% Dividend rates as given cuhunlyments based on the a ons. s Unit of trading less than 100 shares. 0% in_stock. incash or stock 4 in stock h Paid last year—no regular rate. d k Companies reported in_receivership “or bei iv:dends. Yanied nPlus 3% in stock. organized. 3 Zonite Products. . 9 3n 000 12:00 Noon. 0 2:00 P.M... 16% 34 or the day. 1,290,000 a Paid_this year. { Plus mPlus 57 in stock. 2% in stock. X Ex dividend. b Payable in_stock $1 in special preferred stock. 25 16% 315+ & | Approximate Sales of Stocks on the N. Y. Stock Exchange. 1 .. 630000 1.010.000 +ll441+ % +1% 4+ Scattered Specialty Issues Still Gain—Realizing Depresses Others. WHAT STOCKS DID. Advances .., Declines, . Unchanged ", Total issues . BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, May 23.—Scattered specialties continued to push ahead in the stock market today. Profit taking in a number of issues, however, gave the list a somewhat ragged ap- | pearance. The close was a little ir- regular. Transfers approximated 1,275,000 shares. Few in Wall Street doubted that the Senate would uphold the President in his disapproval of the Patman fiat money bonus bill. At the same time it was realized that inflation could arrive by some other route and the majority of speculators were not in- clined to bet either way. Sterling, strong in early exchange dealings as a reflection of yesterday's apparently inflationary vote in the House of Representatives overriding the Chief Executive’s veto, turned back in the afternoon. The gold monies were quiet. Grains were rather firm, while cotton was unable to progress. Bonds were quiet and | mixed A zain last weck of 17.4 per cent in bank clearings over the correspond=- | ing period of 1934 indicated to many that recovery was beginning to take hold in earnest. The oil shares were among the liveliest, the majority showing ad- vances during the greater part of the session. Sugar issues such as Great Western, American Crystal and Cuban- American were also in demand at gains of fractions to around a point, There was a large turnover of Mur- ray Corp. at a gain of about a point. Deere got up 2 and Case improved. Universal Leaf Tobacco was a 2-point gainer, Others, up fractionally to a point or so, were Corn Products, United States Rubber preferred, Good- vear, St. Joe Lead. American Smelting. United States Smelting and Goodrich preferred. The rails, utilities and steels slipped only a shade in either direction. Liggett & Myers “B" lost a point and du Pont and United Air- craft declined. New York Cotton | ™ | By the Associated Press. | 'NEW YORK, May 23.—Cotton sold 13 | off early today to net losses of 10 to s |15 points under commission house |and foreign selling owing partly to « | more favorable weather in the cotton Lelt. Partial recovery followed on trade 4 :‘ price fixing, but the market was quiet, -1 +3 in the above table are the annual latest quarterly or half-yearly dec- t Partly extra. 1 Plus | e Pavable & Plus | 3 Accumulatea ng_re- B Plus mortgage 5s and the defaulted inter- 'BITUMINOUS OUTPUT . |awaiting the outcome of the Senate | voie on the soldiers’ bonus. July re- a, covered from 11.93 to 12.01 with the a, | market generally 3 to 7 points net 1 | lower in the middle of the afternoon. May July October . December | January arch Soot quiet Cottonseed Oil. Bleachable cottonseed oil futures % | closed firm; July. 10.88a89: Septem- ™ ber, 10.96b; October, 10.96b. Sales ‘: 27 contracts. b—Bid. Liverpool Quo IVERPOOL. _ May les in usiness m: s lower to 3 higher. American. 200d_middiing middlirg. 7.01; stric low _meddiing.’ 6 66 6.46: z00d ordinary closed ' quiet ¥ | May® 6.64: Julv 648 | cember. 6.16; January. Chicago Grain By the Associated Press. CHICAGO, May 23. — Notable scarcity of peculative offerings did | much to bring about higher prices for wheat and corn. A bullish factor was attention given to financial conditions abroad, espe- cially in France. Sharp upturns of British exchange were also something of a stimulus regarding wheat values. Wheat closed firm, 1,a34 above yes- terday’'s finish,July 90',a%: corn un- changed to 3; up. July 8112a%;: oats s off to 14 advanced, and provisions showing 5 to 10 cents gain. WHEAT— Open. High. Low May ... ROy 00 S0ty July 5 a0sy K03, September. Close RSy 201y 0058 @i u v September. December. . Seo ember. LARD— May .... 13 July Senteraber 1357 | ELLIES— | May % [ July . & e - o Chicago Cash Market. Cash wheat, No. 2. hard, 102%; corn, No. 5, mixed, 85'4; No. 1, yellow, 8912; No. 2, white, 91';a%. Oats, Na. 1, white, 45; No. 2, white, 443 a45%, Rye, buckwheat, soy beans, no sales: barley, feed, 48a60; malting. 60a1.02 (nominal); timothy seed. 12.25a14.25 hundredweight; clover seed, 11.238 16.75 hundredweight. Liverpooi LIVERPOOL. May 2 futures closed irreguiar. High. Low. 3“'1' A &) uly . R, i October ' &1% .80 Exchange. 4.91% .| Western Pacific Prepares to Ask Further Extension 58% 50 + 128% 61 1% — % By the Associated Press. NEW YORK, May 23—The West- ern Pacific Railway, it was learned to- d.ly.'mukhumrlvrt.hcfiperoent first mortgage bonds for a further ex- tension of time for interest payments pending completion of a capital re- adjustment plan. A letter seeking the assent of the bond holders is now in preparation and will be sent out shortly, it was understood. d announced its inability to March 1 interest on the invoked the 90-day grace itted by the indenture. on June securi- 49, 1. The ars $49,200,000 of first est payment amounts to $2,464,505. There have been reports of conflict | in the efforts to develop a readjust- ment plan, but at the company's office it was said today that the manage- ment was hopeful of working out a| satisfactory basis of readjustment in the reasonably near future. FOOD PRICES STEADY. NEW YORK, May 23 (#).—Food prices at wholesale remained steady last week and the weekly index of , Dun & Bradstreet continued at $2.61. ‘There has been only a slight vari- ation in the index in the past four weeks, but the current figure is still well above that of a year ago when it stood at $2.11. MONEY MARKET. N:’W YORK. M: 3 (. —Call money steady: l@ ;el czn‘l’ &l d’-yv Time loans P 9B ety s oute eent. discount rate, Fork Bank. 33 per cent. < CLIMBS DURING WEEK The National Coal Association, from incomplete car loading reports from the railroads, estimates bituminous coal production in the United States for the week ended May 18 as ap- proximately 5,900,000 net tons. Pro- ducticn for the corresponding week: 1934, 6,237,000 tons*; 1933, 5,093,000 tons. The report of the Bureau of Mines shows production of 4,994,000 tons for the week ended May 4 and 5,646,- ong; for the week ended May 11, 1935. Production calendar year to May 18: 1935, 147,018,000 tons*; 1934, 144,- 833,000 tons.* *Subject to revision. New York, New Haven & Hart- ford Railroad—It was said company’s FOREIGN MARKETS. By the Associated Press. LONDON.—Business was quieter on Stock Exchange today in view of Settle- ment day tomorrow. The government's alr force plans had aiready been discounted. and aviation shares eased with gilts d securities on profit-taking although closing prices were above the low level of the day. Industrials and rubber shares were cheerful, while oil issues firmed on ru- mors of a rise in the price of petrol. The market closed irregular. PARIS.—The expected parliamentary op- position to granting the government spe- cial powers to promulgate budget balancing measures was reflected by a decline in government issues and a rise in s tive shares on the Bourse today Tal lichtened their holdings of rentes ai bought stocks which included banks, chem- icals oils. rubber and gold mines. .The markel_closed firm. BERLIN. povt er activity developed on the Boerse today, and prices closed firm. SIS ARSI K MORE GOLD ARRIVES. NEW YORK, May 23 (#).—The New deficit in April was about $158,000, against & deficit of about $91,000 in April, 1934; cash at present totaled around $4,800,000. from land. , York Federal Reserve Bank ¢ the arrival yesterday of $9,998,300 France and $84,000 from Eng