Evening Star Newspaper, June 1, 1935, Page 14

A—14 = FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., SATURDAY, JUNE 1, 1935 FINANCIAL. BUII_I]ING BANS TRANSACTIONS ON THE NEW YORK STOCK EX CHANG EST0CKS IMPROVE By private wire direct to The Star. Prey. 19: Stock and Net. | Prev, 1935 Stock and Bales— Prev, 1935 Stockand Bales— Net. e e o e, "AtS00. Mish. Low. Closecies. |Hian: Lov. Dt TawS 0. Migh. Tew. Close.Cs: High. Low. Dividend Rate.. Add 00. High. Low. Close.Chge. 17% 12% Nat Dairy Prod 1.20 20 15 15 19% 13% Stand Brands (1).. 18 14' 14% 14 + 3415 2% Acme Steel (12)eees 1 B2 B2 52 — % STOCK AVERAGES 114 Nat Dept Store (k). 6 1% 47 214 Stand Com Tobaceo Mmoo - % T% 4% Adams Expre 1 % % — 4 ”K Nat Distillers (2). 9 24 =% 4% 1% Stand Gas & Elec. 4 4 4 =2 8 A:d,,,.nfinpr 0 12:: 107% Complled by the Associated Press. N 'E" & i“',f (‘g.% 211“‘ -l& Ig:. :k gun:(étil:ps, 1‘“ 1:% ”:/: - :: 4'3 A ce Rumley t Aol t e 5 — 2 s .o 1 Y% o . R 6% AMliated Prod (606 N T t Steel (110 45% = % | 38% 278, Stand Ofl of (')-lp(!) 33 32 334 B 5 Volume of Work Provided| 136's 104% Air Reduction (3).. 128% 30 15 15 60 9 Nat Supply Co.. 2 15% — % | 116 111 Stand Oil Exp pf(5) « 113% 113% — % | Market Given Lift Before 21"- 15“ Mr-Wnp; l-:lec‘Amil. ":: Indust. Rails. Util. Stocks. l:“ fin ;unpl.yoC;: »t. Gg% —5“ :;I"A %‘; Stand Ol of Ind (1) 26% ig% 0t 15% Alaska Jun (160c). 13 at Tea (60c). . - % 35% Stand O N J (1), 45U 458 . ; Small, but Seasonal In- 1 % Alleg Corp (K)..... s y g L Natomas Co (60¢) 105 16% 1214 Starrett (L 8) a25c, i0s 144 - | Close—Final Prices Are 24 Alleg pt waz0w ik}~ 3u ¢ L o Nmar B 247 =1 | 67 5% Steriing Prod (3.30) o'=n eg pf w840w (k). . L g . ewberry 8 o~ % 'a Sterling Secur pf. % crease Appears. Z Allegheny Stl (1)., 5 i ! l v 1815 N Y Airbrake 21 101 64 Stowart-Warner. . : 85 . Irregular. Allled Chem (6)...3 5 i A B 124 N ; femnl R R‘) “u. -% H% 2'5 Stone & Webster Allis-Chalmers ; X 7 L X nvestors (k).. 3 2y Studebaker (new) BY HAROLD ROGERS. Alpha Port Cmt (1) ¥ Y ¢ 81y N H & Hartford 05— %| 5% 601 Sun O (11) BY VICTOR EUBANK, The volume of work provided for in 45:,: :';:"_.'h‘:::’:"r‘; 4 i X i ¥ - g“"’.:‘l :‘:’:vz‘.-' 84 3 :1;9‘2 is!uv:erloE 3; 3 Associated Press Financial Writer, building permits issued in April in 31 42 Am Ag Cem Del(2). 175 P % Railways pf bd NEW YORK, June 1—A rally in fifth district cities was small, but 7% 131 Am Bank Note. .. 19 23 2! 2! ¢ & Shipbuilding. .. 7% Telautograph (80c). 7 4 the metals gave the stock market 161 Texas Corp (1).... . lift today just before the end of the o i 21 Am Br Shoe (180e), 1 ¢ 4 k 3 & 85 Y Steam pf (6). showed a seasonal increase over recent | ; 119 Am Brake Sh pf(7). 20s 122 5 518 79 NY Steam 1st (7)., 28% Texas Gulf Sul (2). brief session. The market, previously, months and also exceeded that of | 128% 110 Am Can (i4)....... 26 2 30% Noranda Mines (b2) 7 39 au ‘Tex Pac Coal & Ofl. & had pointed downward as traders at. April last vear, according to the 10 AmCar & Foundry. 9 ) 2 North Am Aviation. 16 E E 21y ‘Tex Pac Land Trust i 100 10 tempted to analyze the President’s 4 - 45% 254 Am Car & Found pf, 1 3 35 Saraa R 9 North Am Co (1) 89 L 31a Thatcher M (a50c). views of the N. R. A t decis monthly review of credit business and | o115 o6 - am cCniere (1) T 1 o1 Jrev.1038° Steckand Balea L ow ClseCres| 88 87 NorthAmEdpfi6) 1 ) The Fair. . Aheitlts e Tt e i agricultural conditions by the Federal 2215 Am Comel Alcohol, 10 22 21 1ol 3 Elec Pwr&Lt$Tpf. 11 13% 12%% 13% 861 North'n Central (4) 10s Thermoid Co. M e 0 e e Reserve Bank of Richmond Tl 6!2 AmCrystal Sugar.. bl 124 1% 4913 39 Elec Stor Bat (2%) 3 2 a2 21% 134 Northern Pacifie... 12 16% d ThON Ao e i i e Ao oh a4 A E % Am Encaustic 1 2613 14 Kng PubSve$spf.. 2 22 22 =1y | — 4 13% Thompson Products 3, sharp drop in grains at Chicago Permits for all types of construction 2 Am & Forelgn 14 7% Erfe R R..... 3 % 8 14'% 9% Ohio Oil (a18¢)..... 11 ‘ 1% Thompson Starrett. s 9 to new lows for the season did not numbered 2465 in April this year, 3% Am & For Pw 2d pf 12 6% ErieRR2d pf.... ™% % - % 4% 1 Oliver Farm Equip. 19 7% Tide Wat Asso Ofl.. 3 10% 4 | brighten the picture. Cotton, how- compared with 2,136 permits issued in| 1% 8% Am Hawatian SS(1) 23% 15 Kvans Auto (a75¢). 15% 15% — %| 26% 13% Oliver FEprpfA., 3 84 Tide Wat A O pf(6) 1011 % | ever, steadied after its Friday's break. March this vear, and 2.028 permits 7% 17 Am Hide & L pf ————————————— 20% 11% Otis Elevator (60¢c) 10 4% Timken-Detroit b Other commodities were {rregularly . v 13 20 Am Home Pr (2.40). -1 4 4% Otis Steel 4 5 % Timken R B (11). g 1% 4 | lower. The sugar and coffee market ed in April. 1034, Estimated valua- | 2,2 27 Pr(2.40 7 [ 284 Timk 3 tion figures for permits issued last Ssam et 45% 38 Outlet C 5 5 7 4 Transamerica (25 5% began its Summer Saturday closings n totaled $4.074.185, an iy i 5 D ). Tl Trans & Weat'n Air LT which will last until October month totaled ¢ ‘0‘4, 185. an 1':1("_1'5:;&9 o 9 Am Locomotive. ... 5% Transue & Willlams T Bonds were uneven, with many zec- of 19.3 per cent over $3.416.265 for 32 Am Locomntive pf. n 1 Pacific Coast 2d. 1% Tri-Contl Corp. 3% Bl -l i e b gy v March, 1935, and 47.5 per cent above | 2 Am Mch & Fy (80¢) 22 13% PacfloG & B (1%), 36 Trico Prod (214, 29° 39 odAEg Soand ne ko $2,762.163 for April. 1934. Twenty-five| 4 Am Mach & Metals. 3214 19 Pacific Ltg (2.40) : 4% Truax-Tra Coa Slides RSs e caamcel HL of the thirty-one cities reported higher | 95 4% Am Mach & M etf 130 111% Pacifie T & T pf (8) 313 Truscon Stee) lisd inispepense;fo thelacressionof (! valuation figures for April this year 313 Am Metals 9 It 7 Pac Wn Oil (b40c). 18 TwinCity R g uisson government in Prance, than last, Richmond being the only Am Power & Light, 31 Packard Motor. ... 2 E , o but sterling backed up substantially. one of the larger citics which failed Am PEL 85 pf (1) 6ls Panhandle P & R pt Y 53% l,j"l“"”'; isher (2), A mild revival of inflationary to come up to April, 1934, figures. | Am P&1. 86 pf (1%%) 17% Freeport-Texas m 2% Par-Public ctfs (k) E 4“ U" g:rb:.gc"fs.: @ A thoughts and expectations that the Contracts awarded for construction | Am Radiator. ..., 12 4% Fullef Co 2d pf 2% Park Utah s 32 4 e e 5 5 administration will resume its silver work in the fifth reserve district in| AnRolljng Mills — % Parmeles Transport POt ot oRl €1y «e. 18 buying on a larger scale, may have April this year totaled $14.998,84, in- 8 Am Seating. ... 83 5'3 Gen Am Investors.. %4 Pathe Exchange. .. . g Un Tank Car (1, 10) g : - helped some of the mining stocks. g H s aPbat ard firal Construnt | oo e 213 Ain Smelt & Ref 381 32% Gen Am Trans(1%) 8l Pathe Exchange(A) Ut h et 4 U. S. Smelting got up more than 4 1 d with $11.013.992 in 3, Am S&R6%pf 1 19t 11% Gen Asphalt....... 5 8% Patino Mines 3 Uniteg drena poltits #ind|Gérro/de Pased and Amerlc don, foompared. Wiy Sl 3~ Am Snuff (13). . 7% Gen Baking (60¢). 1 Peerless Motor. Untsg airTivies : e Bl Prrad rae ihe 1 contracts awarded in April, 1934, ac- Am Steel Foundry.. 51 Gen Bronze..... ‘ 1615 641 Penick & Ford (3).. B U e Ech | Phie nl iitics andirails wers e cording to figures collected by the| 7 513 Am Sugar (2).. 19 GenCablepf...eees 9 74 57% Penney (J C)(2). . i . 0 Un‘ltd Carzmn 2.4 3 % stant throughont F. W. Dodge Corp. Of the April, 1935, 2 Am Sum Tob (1) . 50 GenclEar G o 6 110 1071 Penney (J C)pt(6). - 3 United Corp 9 3 e g e contracts, $6.718.287 was for residen- Am Tel & Tel (9) 201 Gen Electric (60c). 2 5 413 2% Penn Coal & Coke. . 3 33 Unitea Corp b @) 2 | Moderate support appeared in other tial structures, approximately 45 per ~ 72'2 Am Tobacco (5) 324 Gen Foods (1.80) B 3 2713 18 Penn Dixie C pf(A) 3 5 - u::ieu F;’“ECul | groups near the finish, but losers of cent of all contracts, compared with| & Am Tobacco B (5).., 1« Gen Gas & El (A).. 26% 17% Penn R R (1). 2 bt 3% United Elec Coal. 3 4 fractions to 1 point or so included Du . £2758.182, for residential work in April n Tle Am Wat Wks (80¢) 29 |3 2 59 Gen Mills (3)...... 2 67 3 : 331, 17% Peoples Gas Ch 3 A United Fruit 3)... ¢ ‘ | Pont, U. S. Steel, U. S. Industrial alco- last vear. or 2 per cent of all con- S N ; 7 \ 26t Gen Motors (1) 5 i ; 19% 14% Pet Milk (1).... 5 13 3 Tnited Cax T ()R R36- 104 13308 1 hol, Allied Chemical, Case, Macy, tracts awarded in that month Bis A Wigolanipt 71310715 Gen Motors pt (5). 2 1124 1121 112 11% 7% Patrol Corp e e D ‘ Corn Products, Columbian Carhon, i Am Writ Paper (k). 2 17% Gen Print Ink(1.20) 20 128 Pheips Dodze a?5c. S e NN American Sugar Refining, Amerada, Failures Record Better. 3 AmZinok Dead..- - « Gen Public Service. 12 2 Ml T D RPiat O 4 Seaboard Oil and Liggett & Mvers - . recor RAconCAGonps & s 4« Gen Realty & Uul.. 4e o a & Read C& 1. 2 2 2 SG : “B." International Business Machines mf’l{nfi'é'fl'?fl{ ‘xnnl A‘;;i;"\:a;gg:lr{ltl‘:; ::""“;"':f"n:‘_'r"’ 0 }:-. Gen Real &U pf ww 2 E 251 r::;:?p:h::-rv::!(""fi 2 2 2 ] 5 ”§‘,’,’n‘,;‘,;‘.":,“’ e ¢ 27| was down about 6 points and Cuban- 2. o8 Col s 2 ta Gen Refracetfs.... 4 3ta I - D = b number of insolvencies being 24 per 2 Archer Dan M (1), 2 39 RY 7 14 Gen Stl Casting pf. 4 P Phillips Petrol (1).. gzr’::n:r in:;rlg;figzrgd recorded a cent less than the number in April A1¢ Armour of [llinots. AP “e 12 Gillett Saf Rasz (1). I k “ Pierce Oil. .. , oL i P : : last yvear. and April, 1935. habilities Armour I11 pr pt (8) e 70t Gillett Stf R pf (8). 7 v Pitts Coal pf eather (A)... B ] 4 ouds on the domestic recoverv being per cent below April. 1934, 3% an Artloom Corp 5 5 g Sl Girnbel iBroB. Gl 3 53 Pitts & W Va, :L,enu;erl‘_pr e 0% horizon tended to obscure the French liabilities. The District record was B 13 . s=0 Dry Goods " o « Glidden Co (11)... 2 Pitts Screw & S P:rlty & ‘I;‘;" lfin'(,e for the franc and its possible in- much better than the record for the : Asso D Gl sl pILE) g : 94 1047 Gitdden Co pr pf (1) : Pitts United C pf. 8 Rubbes uence on American securities mar- entire country. Atch TokS F (b2)... b+ 4 1's Gobel (AdoIf).. .00 Plymouth Ofl. e, ] s kets, Employment conditions did not | : ;‘\”’""”l“ ‘R"f“|1""' 2 ? 14% Gold Dust (1.20) 5 Poor & Co (B).. Sk 6 X ety Most market commentators were & 3 tlantic Ref (1). 3 b o R z : = thow any mah};nal chgn:vfixr; Any\ul Prssaed o : - s (‘E:::;":lhr(TB&Fl’l oy - ; ;,‘::::L;r;ll:ll.s ‘n‘ll' SSm& Rt 31) bit gloomy over the N. R. A. situation, &nd early May, but on the whole there 5 G g g # 2 { but they still held out hopes that the Auburn Auto. . : 5 ; P s US Steel..... 9 21% 308 %! aont was probably some improvement. HE el el = ?:v 2‘::::":’, 3;':‘:*“! a 3 3 — Pressed Sti C pt (k) U S Steel pf (3) : £ 2 1| President and his advisers will find a Coal production declined SomMeWha't | es—_—_—_—_— e , g 115 Proc & £ (5 United Stores (A | way to rebuild the New Deal agencies more than seasonally during April.| €\ 1) Faldwin Loco (k) . 215 E 5 1:?5::2’6:.‘33:"" : N Eroc&camipl o - Univ Leat Tob @)a 2 |_!::l;1)rh St to meet the ex- but this was perhaps due chiefly to 712 Baldwin Loco pf (k) ity § ; ; 34 Pullman ng (3) I 3 : oot iy ie|IND8. Sxogencies: relatively high production in March, Baltimore & Ohlo. . E h Grant (W T) (11).. E E 9% 6% PuréOll. . ....ocoe. 3 2 Util Pwr & Lt (A).. _— ¥ v [ 17 91 Raltimore & Ohlo pt 2 B & it which was stimulated by fears that ATA L Baltimore “6‘}" 2 2 . Great Northern pf. 3 1% 5 14 Vadsco Sales Corp. NEW YORK BAR SILVER. labor troubles might develop at coal e e L) i yk Great Nor Ore (50c) 3 D 11% Vanadium Corp. 2 P 3 NEW Y munes on April 1. Cotton textile mills | 10 Pl ety o 26% Grt West Sug (240) 15 2 n 4 Radio Corporation. 5 5 % e T ko R YORK. June 1 (.—Bar sil- continued to restrict operating time | g 11t FEAITCE ;_";:n"“.",n‘"c’y 119 Grt West Sug pf(7) 3 3 21, 50 Radlo Corp pf A 3% 5 91 Van Raalte 1st pf 7 ] R “‘”‘15 steady, 'z lower at 74. during April. and cotton consumption | - =2 = 1 Guantanamo Sugar P N 35'% Radio Corppf B. .. - | v 18 V r Chem 6% pf 17 = " — on a daily basis in that month was | Bl Benahiior Do i 5 Y l's Radlo-Keith-Or (k) 55 15 : 7213 Va El & Pw pf (6).. : cmcu;o LIVE STOCK. ] 28 21' Hackensack W (13 7 Reading 2d pf (2).. 3 y ; Cok UL e wenbel ok onst o Esthienem steal. =t 6l Hahn Dept Stores. . ; ; ! R ineron Rand 7 ! & Yaleon Cosl& Coke e wCHICAGO. June 1 (. __Hoe prices laie in April last vear. i 5 Rethlehem Sti pf. t an, Bt Corp A - r‘(\mman_R Sstat - s 2 = % % b rn-ud Gefinite siane of weakne Virginia crop prospects on May 1 | Rizelow-San Corp.. 7 160 1 et TN E e 3 3 Lt ! s 5 76 7 Walgreen Co (1.20) — 1| for the fir early in Mav . : | Aiaclon - elme (G W)pf(7). 60 6 . Reo Motor Car ; ; WalhtorthCo. .. ; a were quite good throughout the State Blaw-Knox.... K0 71 Hereules Pw (73).. L Republic Steel 3 1, & n 8s weather conditions had been fa- | 58 Rlumenthal nf 9, 40 11413104 Hershes ¢ pf (14).s . ResubcBisloe Warner Bros Pic. .. i 3 cents lower vorable for hay. pastures. small grains r Roeing Atrpla 5 ate ialinbd Butpace. | Reniiblio Sttet.. > ?“:;::’: 'lj::: Pie pf s | ever, more than rega and fruit crops, according to the| 597 4% Rohn Alum&Br (3). 5 : | 400 307 Houd-Hirsh A(2%) 3 33 3 : T1a Reynolds Mewis(1) 21 2 39 303 Wesson O&S(150c). : :\:»’.’p"rn'n agricultural statistician of the Vir-| 2% 90 FonAmi(A)(14) 96t 06s 96 4% 613 Houdaille-Hersh B. 3 ynolds Spr (40¢c) ay 19 | %8 72 wesasnou S pre: 26k ained 3501 K ginia Crop Reporting Service. Farm | Borden Gol(180) .o S g 91, Houston Oil . 34 13 ; : Ra)nnldl’laba @) 2 West Pa Elec (1) A n 1he open trade were at steady pricen work was somewhat retarded because | 3% Bore Wamar (1) 3t 113 Houston Ol (new). 304 21% Roan Antelope Ltd, 8 27y 2 | West Pa Elee pf (5) 591, 591, 58 | ™% ""2‘1';;:["5:3'”1“3" vesterday was of continuous rain during the first | % Bridcep’t Brass 40 43 Howe Sound (3)... 9 9 | 3 +'1 D b1.35 3-10c. 2 West Pa Pw pt ;i d with the average & week part of April. SHI0E] Y‘\ e o : g g 6% Hudson Motor Car. Western Union. { 4 Last year the average P Pad - :‘r,’;‘: A,'q‘"'az!".“' < E * Hupp Motors .. .. 5 37, Safeway Stores (3) : 39% Westingh' aicr remium Paid on Issue. s AR b 1 | m\. St Joseph Ld (40c) 5 2% Westingh'se Elec 4 R 3 3 & -M = 2 i 3 2 - P = wig Virginia officials pointed with pride | 3 ‘:ur{‘u:-nl.\v:r\; S B E . L lilinots Central . : Schenley Distillers. 45 4% 2 2 5 Westh'se 15t pf 3% today in the State’s credit rating to | : Bkin&Queens pf(2) . 230§ 22h fndus Hayon (168) 9 25 Schulte R Strapf . 1 9 Weston Elec Inst. . the sale of $1.000,000 worth of cer-| & 3 Rklyn Unton Gas(6) 55 B Inland Sresli(d). .. 13188 d Scott Paper (1.80), 205 5 2 6% Westvaco Chi (40c) tificates of indebted 9 | : > & . 2 Inspiration Copper., 3 A Seaboard Air L k) Wheel & Lake E pf. cates of indebtedness at 2 per cent Brunswick- 3 Tntareon iR GHDer 2, 3 Seab'd © Del (160 to a financial combine, which was| = BucyrisBn S ; s ey 4 Ree Sllipbl s ! 8% White Motor. ... sty pest it T willing to furnish a premium of | 15 Buevrus - 2 2 2 ong 1 i 7 p P Helgrave oty - 3 2 3's White R’k M S 1.40, {reme tap Tor welGhts aferings wacs $7.399 in addition & B e r iy E0e : nt Agricuiture B0 B 31 Sears Roeb'k(aiic) 49 37t 3 White Sewing Mch. Fat Tamis moved 10 16 R ion to its low rate of en ? 2 424 28 Int Agricultu Sec Nat Invpf 3l 5 White Sew Mch pf. durinz the wrek bt Soringers wers around interest, according to the Associated 3l Budd (EG) Mfg!.. g B lsv.mm Int Bus Mach (p6). 7 Servel Inc. 9 R 9 2 Wiicox Oil & Gas p 25 cents higher. Sheep were 25 to 40 Press. B : §“:3 B ’l“" ot 4l . 5 3t Int Carriers Ltd 20e 4 31, Sharp & Dohm 3 372 Wiison & Coaliiza : T ATAT o imated _receinte of e The 10-year certificates were pur- e u a oo ) 3 22% Int Cement (1) . ... 5 s Shattuek (F G) 25e. Wilson & Co pt (§). 5 stock for Monda ogs. 15000 cartls chased by a syndicate composed of I ke 443 341 Int Harvester (60c) 37w 3 shell Union Oil.... ; Woolworth (2.40) - 1T u00. shee. 10,000 ogs for alf ‘next the First National Bank of New York. R e e Bros{R). . b 1cg i [RISERISEE fn ERRsSateninE 0 a: Silver King C (40c) D Worth Pump pf A. . i Halsey-Stuart & Co. New " g » ' = " % Int Hvdro ec ( E 2 Simmons Co.... ™ - iz W ht Ae “eee 2 2 | R fg“u;griuagln:“ar;: 3 Ructeriek o : « 2214 Int Niek Can (60). Simms Petrol (1), . o Wrisley W3 (13, 1 dow 19% 13 | U.S. TREASURY POSITION. other bids. In all, 51 financia! firms | s y : 2:: ":‘! ';:":"I’:f:" o e 7 iy Skelly O1l. 9 q [ By the Associated Press were united 1n the bids, whicn had a| 425 33% California Pkg (13 3 5 9815 Int Print Ink pf (6) Skelly oftn i 11K Is o8 Towne (nc) Sloss-Shefield pf.. 2013 29 28 23, Yellow Truck..... narrow interest range of between 21, '3 Callahan Zinc. Int Rys Cent Am pf Snider pacm‘n 2 31.: Yellow Truck pf and 2 per cent. 21 Calumei & Hecia... 2 3% 3, 3 rvireds il > e L S B B B PR e Gov. Peery hastened to say that the 7'z Campbell-Wy (a20¢) Int Silver pf (4)... 2 2 2 Sol Am Inv pf(515) » 13 Youngstown S&T.. earnestness with which the certifi- AN canDoy G A ($le ) % Int Tel & Tel....... 72 2x% 20 Sou Porto R Sug (2° 2 p 3813 Youngstwn S&T pf. cates were taken “is fine evidence of £)_ Camaga Seutin{3). 50s ! &% In:arsiate Dert Stra 313132 Sou Porto K S pf (8 .xml' of the financial standing of the State. e A 5 S0 2700 (sland Cresk C/(2)° s - South Cal Ed (13%). 3 Zonite Products.... 3% 3% THIcio: Sem gen o o 3 Mills (2)... 30 3 : 4 ; 7 an increase of 324910 w;'::ecg::?;:?:?p:;:: :_"?:“‘ und| 63, 45% Case (J 1) Co. 31 5 9% 5 %0 Uewiinaiir) " e 2::::::: f:sl’:‘:y - 39 Approximate Sales of Stocks on the N. Y. Stock Eachange. | )71 over I“"” Drevious day; goid £1,000,000 ol o et 831 Cane (3 1) pf ¢ 381 Johns Maranv a2ie 7 ; 20m P e R . 11:00 AM....... 410,000 12:00 NOOR. ....... 650,000 140,805 ,000,000 in Robertson act road bonds, 361, Caterpillar Tr (11). ; 3 50 Jones&Laugh 1%pf 5 Sparks-Withington’ 1 Dividend rates as siven in the above table are the annuai cash issued in 1926 and carrying 15 per o ] : - o 2 o Sp. ngton 3 PAYmerts based on the latest quarterly or ha.l-vearly declarations FEDERAL LAND BAN cent interest, witi the premium re- fis Calotex Cowte (k). ; ; o :'l'- :n-rr.v Corp (a2sc). 4 L. ,unm of trading less than 100 shares T Annual ratg piug KS duction. The interest rate on the cer- 9% 111 Celotex Co pf (K).. 3 ‘n D c) % 7910 Sulcer Mipnt ) - rncli- D —lla | R reat k Carabeaies | reoeired o ke vems NEW YORK. June 1 (#).—Federal Lane aid s % # . | ompanies Teporied in | receivership or ‘b ! Ban = tificates during the 10-year period | 294 Cent Aguire (1%).. Spiegel-May-Stern. Bk -2 (Tt R D OF Deing | Bank bond: will be 1926 per cent, affording a| 6% 384 Cerrode Pasco (2). 2 Kelly-Spring T (k). January, €aving of approximately $225%00 to| 23 Certain-teed P ! 6 Kelly-Spr T 6% pf. Jum.ar\ i g Nk BONDS ON THE CURB MARKET_ .. IBEEE 3| - - O 00000 Neaoe M 82 S o 25% 17 Falirbanks-Morse 1% Fairbanks-Mrs pf.. 5% Fed Lt & Trac. 3% Fed Motor T(al0e). 281 Fid Ph F In (11.20). 13 Firestone (40c). ... First Nat Strs(2%) Follansh 3 P TSI et 19%, Fourth Nat In aé0e. &% Fox Film (A) SFESESELSEET LR ANEEINE Y] - £ whwamm=l2 0 A e n e DA N e cosceceaa U &L | ™"Fed' Steeys anid vearlings closed unevents 1 | steady to higher for the week. the % | advance bei red larzely on better 13| zraces. ight-weigh: grassers were around 5 cents lower. Small sun- Dlies stimulated the marke: but shippers use of unsettlemer retail trade weighty steers are still around 150 belnw II[+II|I| The winning bid today was 534 per 36 Chesapeake Corp(3) Kelvinator (150¢).. fay, A eent bettes 15 ¢ % Chi Gt Westn (K).. Kendall Co pf (16). oy r than the 21 per cent rate tn pf(k) ° 21 3% Kennecott C (60c). ; fl:;n;h;flar‘g:l :n‘ identicai re- 4 15% Chi Mall Order (1) 3 19 6 9 3 Kinney (G R) Copf State T BC 3 % Chi MilI St P& P... 24'5 19% Kresge (SS)(1)... ate Treasurer A. B. Gathright % Chi Mil St P & P pf. : 113 103 Kresze (S S) of (1) gaid: “It shows the fine standing of 28 Chi & Northwest. .. 3 3 69's Kress (SH)(f1)... the Commonwealth and the high re- 4% Chi Pneumatic Tool h 28% 22 Kroger Gr&Bk 1 60. gard for its certificates. We beueve it 20 Chi Pneu Tool pf is the lowest rate ziven any 3tate on 1 ChiR1&P (k).. 24 LambertCo (3).... bonds for a simiar period.” 5% Chickasha CO (2). & % B4 Lee Rub&Tire (0c) 313 Childs Co .. 12 Lehigh Valley Coal. Hardware Sales Climb, 31 Chrysler Corp (1), 200 421 2 513 Lehigh Val Coal nf. Retail hardware = 24' 20 City Ice & Fuel (2). 2 ° 5 Lehigh Valley R R. were 11 per cent 1;;;:5“?:,',"1',, :;_r,’ll 87 City lce & Fpf 6% . 20s 97 4 67% LehmanC (12.40).0 1934, according to figures compiled by | 13 12 Clark Equip (80c).. 1 2 2 1413 Lehn & Fink (1%). the National Retail Hardware Asso. 80 Clev & Pitts (3%).. 20s b 213 Lib-0-Ford GI 1.20. ciation. The typical gain for the first | 2y, san Coimate oop (F0e), L B e e MseaBitl) four months of 1935 was also 11 per 9 Collins & Atkman. . 3 y 17 Link Belt (60¢).... et 14 Colo Fuel&lron (k) 2415 Liquid Carb (11) Comparisons were most favorable in 3% Col Gas & Elec . s 314 Loew's Inc (2).. Boutheastern and North Central| 63 31 ColG& Epf B (5). 1% Long Bell Lum (A) Btates. The Carolinas were out- 3% 2413 Colum Picvte (+1) 5 33 Loose-Wiles (2)... standing, with an April increase of 31 67 Colum Carbon (4).. 18% Lorillard P (11.20), per cent and 28 per cent for the Jan- 3913 Comc) Credit (2)... ¥ A 13 Louisiana Oil. .. uary 1-April 30 interval. 9% 52t Comel Credit(A)(3) s 55l ;:v tou‘tuv:a’z\s :n’u: California, I % 56% Comel Inv Tr (12).. : 3 ouisv & Nashv( P e e Washington 178 Comel Solv (160c) .. 33 12 Ludium Steel. ... Western group of States, % Comw-& Southn. 109 90% Ludlum Stl pf (6%) . 6% 291x Comw & Soupf (3). 6 Improvement was less marked in| scu 27" Compoleum.N (1.60) 387 g : 46 40 McAndiews&F(12). the Southwest, due primarily to the 9 Congress Cigar. 2 o 3% 28 McCall Corp (2)... fact that a vear ago the merchants in | 42 21t Conn Ky & Lt (414) 21, 321, 32 13 7% McCrory Strs A (k) this area were enjoving an outstand- : s 1 8% 3 6' McCrory Strs B (k) ing expansion in their volume of busi- + Cons Film pf (£13) 1 36% Mclintyre Porcu (2) ness. 157 Consol NYda) 92 572 McKesson & Rob... Drought effects created unfavorable 72 Consol G 2 $2 NeSaunad hos ut #elling conditions in Colorado, Kansas, 613 Consol Of1. 42 R15 McLellan Stores (k) Nebraska and South Dakota: small| 5 2% Concol R R Cubapf Pt e e R e declines were the rule in this area. 3 Connglextiler. -« Iy (RECod) 5 1 : 9 Contatner Corp (A) I3 53 Madison Sq Garden. Eince farm purchasing power affects 3% Container Corp (B) 4 18% Magma Copper (2). the hardware retailers’ sales more 413 Contl Baking (A) 1 % Mallison & Co than any other one factor, the favor- 62% Contl Can (2 40y ... 7 able agricultural outlook indicates a 7 Contl Dia F (a30c).. 8 continuation of “business recovery in| 3 28% Contl Ins (11.20)... 3 3 7 2 2 2 2 DOMESTIC BONDS, | Inves Co 55, A 47 ww oa 98 | Glen Co 6s 44, at. Close. | Towa-N LP s 57 A 101 nn N 4e Alabam Pw 418 '87.. W) Iowa Pb Sve 55 610053 a Pow 5s ‘46 . Jers CP&L 4’:‘ C ]"l‘ Po, Kans P A a31y N Aliminam' o nm',mm 10602 | Kans PL 65 A" 53+ a0 L & Ry 63 A 3 & B T :Iumlnum Ltd . 'n U]l!-l‘- 1013, S : U. S. TREASURY NOTES. (Repqried br Chas. D. Barnzy & Co) R t Offer IL#III LEFESF Fr Y » E FTFEFEr FE¥S Lexington Ut Libby McN&L 3 . Long Isind_Lt s '45.. © 3333 33322 - ? 5 B Blos | Isotta Fa Be'3h | Stinnes 45 *36 stp. . o BB A A~ A NDADN W BNE T O 35353 232332 ww—With warra; va‘wnnouz warr: T When tamued DIVIDENDS ANNOUNCED ped lNelnt\lblh" |mnllr!d by maturity. NEW YORK. June 1. Dividende FEEE paar: o tCompanies reported in receiversn:p. clared (prepared by the Standard Statis- | New Eng G&E 5s '47. & & ! ties Corp) B bt - ccumulal New Eng G&E bs 60 60 > Pe- Stock of Par- | Noorlerar 2 O Tl CHICAGO STOCK MARKET | samiton cotton ev 57 ':.m""‘* T IN ! 4 & s ae a0 1041310410 10413 | CHICAGO, (P —Following is th Y 10052 1005 100% | compleie orhe B et e 412 104)2 10412 | stocks on the Chicako Stock Exchange to- | SPRFIs FAry.. lex High, Low. Close Anglo-Persina OFf o i Abbot. Lak .. » s {ii S P o 160 Am. Puh 'sve b 5 | Angln-! r‘; ian Oil Liu:l 30 Armou; &_Co. A 2 105 ss0c Invest Utof B un 188 131 200 Bastian-Biess . . Eommans ot € 817 213 " 200 By 3 H33s 1007 100% erghoffl Brew. .| 3 313 | Duke Pow’ pi. |lunl; 108 ° 108 400 Borg-Warner ... Hoskins \1r 14)5 1043, 10" - Hils . B H\"Hllg'fl M'\\lnln rol’l" E 530 p 1 40 J Cent P&L 77 o8 SETETN FEESLF g 4% Marancha Corp. ... 5% Marine Midld (40c) 6% Marshall Field.. 5% Martin Parry... 23% Mathieson Alk(i3) 35% May Dept Str (1.60) the hardware industry. % Contl Motors. . 13 154 Cont) © Del a1234e. BE PP EFP ¥ 105% 5 - 108 108 n s "5 o4 04 v s 10723 ;i - . od 50 Com 'with Eq 5% C 80 06 o oconz"suex o 10 800 Crane € 62 Corn Prod Ref (3). WOOL GOODS BUSINESS AL T AT VIRTUAL STANDSTILL| % 20 Crowncas ... 3 aviaE ot o gu Maytag pf ww 234 By the Associated Press. 5 Cuba R Rpt . 208 A 4 4% Maytag 1st pt «6) .. NEW YORK, June 1.—Wool goods 5% Cuban-Am Sugar.. 12 w6 4:} xuvme Shoe (12). i : 4013 Cuban-Am Sug pf.. 620s engel Co . business came to a virtial standstill 15 Curtis Publishing.. 7 22 Merch & M Tr( this week following the Supreme Court 4 891 Curtis Pubpf (1).. 3 32 241 Mesta Mach (1%). decision invalidating the N. R. A., says E 2 Curtiss Wright.... 14 2 21 Miami Copper..... the. weekly summary of the New York 61 Curtiss Wright (A) 7 91y Mid-Cont Petalbe. ‘Wool Top Exchange. Buyers, how- 16 Cutler Hammer 1 Ry MM!,nd Steel Prod ever, continued to accept delivery on 60 Midl'd Sti 1st pf(8). 224, Deere & Co 2 2 3% Minn Moline Pow. . joontracts” placed carlier,fand folotw 19 Deere&Co pf (140c) 31 Minn Moline Pow pt for manufacture into men's and wom- 231 Delawars & Hudson % MStP&SS Marle en’s Summer wear moved in good 11 Del Lack & Wes 1% MStP&SSMIsin volume. The decision had no effect 65 Detroit Edison (). 2 10% Mission Corp. on prices of wool goods, it was stated, 8 Det & Mackinac pf. -Snce many mills had previously with- 261 DiamondMat (f1). drawn lines for repricing in accord- 34 Dome Mines (12) ance with higher raw wool values. 6% Dominion Strs(1.20 1 Dresser « 1 —1% s Morrell (J)&Co 2. NEW FINANCING DUE ouDresrMieB o 2 Bl e 80w L. othe 6% Du Pont de N ( ) 3 -1% % Motor Prodn:tl NEW YORK, June 1 (P.—New 365 State and municipal financing sched- ul 126% Du Pont deb (6). 2 128% 128% 128% Z% '.fi'.’.'.‘.’f..!".'i?.‘_‘_‘,'f‘" uled for next week totals $13.960.811 | 1401 110 Bastman Kod ). 13 130% 138 1394 — % 26% Mullins Mfg pf. the Daily Bond Buyer reports. 20% 16% Eaton MR (1)..... 17% 17% % largest individual offering Pllnnvd s 29 19% Electric Auto Lit 2 lon nm 19% that of Jersey City, N. J. consisting | 112 107 Elec Auto Lite pf 7. 40s uo uo uo of $5000.000 funding and r!fundel.:g 6% 3% Electric Boat pee 4 “ o the it R 6% El Mus i Bonde_ O IT 4t Lo A el BT O 190 15 15 <ol T 35 Nat Cene Hew & o6 - LR R S | FEFEETEL TSI T T P PN [ S 10 Eddy Paper. 150 EI Hmm)mld 5 150 FitzSimmons-Coi ichau: psNI 50 Goldblatt PuS N s D . 900 Gt Lakes Dri BSNT 0 uystr o : . o e 100 Hanl r)linm!< 4 : second Trust Notes 2 S 70 B 100 Katz Dl’ul Leeee a8 buy monthiv vnnl l 1, 25 purchase money secured on nfl -Hl' !‘ = B MeGraw Riee 1 adis 180 1 Union Finance Co. P16 Woodw: Bld Nat'l 7934 2 o S5 - Sl s?..».‘sna.a...,.w?." ST T B W R R 1225333333432 e S Sou f Ed l So Caraiina s Svlllh N 0 Hl 4! L&P ey lflfih 108&. mu. B83% 63V 9295 9938 s We Will Make First Trust stractio s SESNOEEREIFES ERE R Sasms1o0aDSD0D! FESSSRIT PEE SaasaacoenSoo: S328%% EEEE i FERERITIE riies. l t Atllnll on Application. Real Estate Mortgage o and Guaranty $10 Waukecha Mot . L Corpontion l Wwill Ofl-0- llnt m sales today-—12,000 1610 K Bt. N.W. Phone Nai, 1 today—Nons. 8 E3 COEEEER gj Gd 20333255552 833332353332 t - o2