Evening Star Newspaper, June 7, 1935, Page 18

| B FE ER r o« : 0USf TRANSACTIONS ON TH W YORK STOCK EXCHA .;jEEL!EE STOCKS END DAY: ' WILL MAKE SHIFT 55 rlEE ‘ =31 WITH STEADY TONE Business to Be Conducted : “at Riggs Bank: During and Bid Up Favorites " Shrine Convention. Before Close. 1 ?!:; | H 'nn—‘ 1 CrH L 33% 26% 49% 1% t 3 3 -4 & ... = ++ 4+ % $-33 =§=.§;zg - EFEIES-SH .29ty ¥ Ea-g-p3eger 5 zEEW - g¥8u-3- 508, i 2 E 3 5f 355858 +141 It# e B =38 ¥ FH 5 - i<l ®, 70% 48% Amerada Corp (2) 57% 41% Am Ag Cem Del(3). 27% 13% Am Bank Note..... 20% 21 Am Br Shoe (180c). 126 119 Am&nhn o). 37 37 3 9102 100% 101% +1% 1 E R T E5¥-32 |+ F 3 282 £ % e 5 EEE FEELLRE & £ - RN o i YEEEEIES 358 1++141 40 s Associated Press Pinancial Writer, s 99% 99% + % | NEW YORK, June 7.—Pinding little 106% 106 105% + % | stock for sale at reduced levels, equity 5% 5% 5% buyers became a bit more aggressive 34% 34% 34% — % |in the latter part of today’s market 2% % 9% — % session and bid up some of their [] 6 6 I 3 3y =y | farorites. 80 — % n:el:‘cumy was the rule, however, al alings exceptionally quiet. The o ';’ P close was fairly steady. Transfers 20 -1y | approximated 580,000 shares. The market had to consider a state- 1% — % | ment of President Roosevelt that all 63% + % | voluntary codes must conform to the 69 <+ % |anti-trust l]aws. Grains sagged under 17% +.% | more favorable crop reports and cot- 99 +1 |ton, firm at one time, backed up when ::“"“ the Committee on Economic Recovery 122 + % | urged a 10-cent loan on the staple in- 5% + 13 | Stead of the present 12-cent rate which 23 + % |the Government granted on the last 57% + % | crop. Bonds were a trifle spotty. 3% Shares of American Telephone 37 +1% | pushed up 2 points in the final hour 9 — i |and advances of fractions to 1 or so 9% + % |were registered by Union Pacific, Santa Fe, American Can, Chrysler, Owens-Illinois Glass, U. 8. Gypsum, Johns-Manville, Spiegel-May-Stern, Liggett & Myers “B,” Consolidated Gas, Public Service of New Jersey, U. 8. Smelting and American Smelting. HF it S 3 H 2§eEy 22% Am Comel Alcohol. 6% Am Crystal Sugar 57% Am Crystal S pfas : 3 sEasitupes .. H o S $E85 2 g E 93 ;Esagg. .E A A . 36% 28% Timken R B (11) 12 jport 10% 74 Trans & West'n Air 84 Pathe Exchange(A) 7 4% Transamerica(25c) : 1% Tri-Cont! Corp A 14 Am& For Pw pt () 8% Am Hawalian 8S(1) 2% Am Hide & Leather 17 AmHide & Lpt 29% Am Home Pr (3.40; 8% Am Ice Co. . 4% Am International 9 Am Locomotive. 32 Am Locomotive pf. 18% Am Mch & Fy (30c) 4% Am Mach & Metals. 13% Am Metals. . 30% 24 AmNews(1%). 1% Am Power & Light. 8% Am P&L 35 pf (1%) 104 Am P&L 86 pf (1%) 28 10% Am Radiator...... 42 13% 13% 184 151 134% Am Radiator pf (7) 40s 151 151 151 24 16% Am Rolling M1l 10 18% 17% 18% 8% 4% Am Seating ' 7 474 31% Am Smelt & 74% 63 Am Snuff (13) 138 125 Am Snuft pf (6) 8% 12 Am Steel Foundry 331 Am Stores (12). cunnunBucESastie nisiabiucul gg?x -si._ 49% 39 Elec Btor Bat (3%) x 644 524 Endicott-John (3) 5 Equit Office Bldg. 4 528 $aven ————— 1% Ulen £C0..0vcunner AN e3¢ 30 Peoples D8 (1) 53% Und:Ell-Fisier (). M 17% Peoples Gas Chi. 32 164 62 -3 5% 04 - % 18% = % ~H; Pecki 4 1% Phila & Read C & 1. .= 3 35% Phbilip Morris (1). w Nl » 13% Phillips Petrol (12 + Fhoenix Hoslery, 0% °F % 55 Phoenix Hos pf 3%. 1 - 1110 94% 841 Firestone pf A (6).. 45% First Nat Strs(3%) 9% Foster-Wheeler. 4% Foundation Co. 08 8 o e i s B D Bt ol 15 JEPRNS T 15 s - auaBame 3 20% United Corp pf (3). 3 ted Drug. * H. H. McKee, president of the Na- onal Capital Bank, is chairman of e Washington Clearing House Asso- eiation, while Charles E. Bright, as- iislc‘ntx.:t cashier :a.! the National mbe“; :: . itive Commurié 12% Am Tobaceo (5).... T a3 0000 e ® S 9% United Gas Imp (1) 87% Unit Gas Im pf (3). 1% United Pce D W 10 Unit Piece D W Frank J. Stryker, president of the Columbia National Bank; George L. Btarkey, president of the National Bank of Wi ; Robert V. Flem- dng, president of Riggs National, and C. F. J cashier, - National Metropolitan. Victor B. Deyber, president of the Becond National Bank, has been sec- tetary of the Clearing House Associa- tion for many years. Barrett New Section Chairman. James D. Barrett, chief clerk-ad the American Security & Trust ‘Co.. was elected chairman of the auditors’ sec- tion of the District Bankers’ Asoscia- tion, at the annual meeting held at Olney Inn last evening. He succeeds R. Earle Haycock. Millard S. Yeatman, auditor of the Hamilton National Bank, was elected Vicé chairman, and Harry L. Downey, chief clerk of the Washington Loan & Trust Co, was chosen secretary and treasurer. ‘These officers and two other mem- constitute the Executive Council, 74% Am Tobacco B (5). 9 Am Type Fdrspf(k Th Am Wat Wks (80¢). 38 Archer Dan M (1), 97 Armour Del pf (7). x 32% Atlas Powder (3)... 29% 15 Auburn Auto... 5% Austin Nichol: 36% Austin Npf A (5). 3 Aviation Corp Del 1% Baldwin Loco (k. 7% Baltimore & Ohlo. 9% Baltimore & Ohio pf 31 Barker Brothers. 3214 Barker Brothe: 5% Barnsdall Corp.... 371 Bayuk Cigar (150¢) 72 Beech-Nut P (13).. 4 708 15 . 4 £ 9 6 1 13 4 1 39% +1% l;% -% 0 +2 -4 1208 29% 93% Gen Print Ink pf (§) 20s 105 1 15% Gen Ry Signal (1). x % Gen Realty & Util.. 14% Gen Real &U pf ww 23% Glidden Co (t1) 104% Glidden Co pr of (1) 1% Gobel (Adolf) (k).. oreBJannoan 05 105 23 18 14% Gold Dust (1.30)... 5% 117 111% Gold Dust pf (6).es 1 117% 117% 117% + 11% 7% Goodri B F) 8% 8% 8% — 2 % 8% 29% 14% Grand Union pf 35% 26 Grant (W T) (11) 17% 9% Great Northern pf. 55 9% Great Nor Ore (50¢) 4 29! 11 6% + 1% % - 15% + 32% FE P EF EFE FE FF ¥ ¥ 5% 164 (3 % Pressed Steel C (k), 6% Preased 8tl C pf (k) 42% Proc & Gamb (1%). 20% PubSve NJ (2.40). 62% PubSveNJ pf (6). 73 PubSvoNJpt (6 85% Pub Sve NJ pf (7. 34 Pullman Ine (3). 5% Pure Oil 49% Pure Oil 8% Purity Bakeries (1) 4 Radio Corporation. 50 RadioCorpptA3% 35% Radio Corppf B... 1% Radio-Keith-Or (k) 33 Reading 2d pf (2) 17% Reynolds Metals(1) 56% Reynolds Tob (3)... 43% Reynolds Tob B (3) 29% Roy’l D b1.35 3-10¢. 37% Bafeway Stores (3) Sat trs pt (6) U 8 Ind Alcohol (3) 8 Leather (A) - CNBARATNNR NN 48% — % 34 UK+ W 10 90% 89% 90% +1%% 10 104% 104 104% +1% 65 112% 112 112% +1% 9 0 4O%h + % 8 8 8 8 8 8 % 8 3 30 30% 30% + % 11109 107% 109 +1% Sm&R 2 70% T0% 70% — % 67 32% 31% 324 + % 66 1 85% 85% 85% — % R%-%| T 3 4% 4% 4. 150 133% Univ Leaf T pf (8). 40s 145% 145 145 b'a 2% 1 UtlPwr&Lt(A).. 3 1% 1% M- %W b4 + % 21% 11% Vanadium Corp.... 2 13 12% 12% - % 204 11% Van Raalte... - 6 18% 17% 18% + % 102% 91 Van Raaltelstpf7. 5100 98 100 +1% 37% 34 Vick Chem (12). 13 38 35 4% 2% Va-Car Chemical, 2% 2%-% coadadada 15 8% 60s 110% 110 110 - —_— 31, 26% Walgreen Co (1.20) 1% Walworth Co... 2% Warner Bros Ple. 14% Warner Bros Pie pf 530s % Warner-Quinlan... 1 2% Warren Bros....... 3 30% Wesson O&S(150c) 4 72 WessonO&Spf4.. 5 84 WestPaElec(T)A 40s 39% West Pa Elec pt (7) 26% 27 2 % 4 % ' lower. The motors, oils and steels did little < | and the mining issues were somewhat soft most of the day. New York Cotton By the Associated Press. NEW YORK, June 7.—Early ral- lies of 10 to 15 points in cotton today on trade and commission house buy- ing were foliowed by reactions under liquidation and Jocal selling in s small market. The undertone was nervous owing to uncertainties over various phases of the Government’s cotton program and reports that group of representa- tive cotton and business executives advocated a 10-cent loan on cotton October sold off from 11.38 to 11.1§ and prices generally showed net losser of 5 to 8 points during the middle of the afternoon. Futures closed barely steady. 10-14 Nigh. ay % Hu+ Sateway Strspt (1) 30s113 113 113 1 104 St Joseph LA (40c). 14 17T% 17% 17% - 22 Schenley Distillers. 25 2% 24% + 1% Schulte Retail Strs. 1% — 8 Schulte R Strs pt 9% %+ 55 Scott Paper (1.80).. 67 + ceveseeas 1150 i . 113% 95 West Pa Pw pf (6). 100s 110 1105 | 1138 Pa Pw pf (7). 1808 117 1164 1163 Decomber 1141 2 1% TR . ir40 : L1150 34 29% May .. 1152 13 2215 22 ‘middiing. 1 - 12% 2 11% 11 140 119 Grt West Sug pf(7) 10s 134 134 2% 1 GuantanamoSugar. 1 1% 1% 1% 30 Hack WpfA (1%). zo; 32% 11% Belding-Hem(a50¢) fetiring chairman, aud- Gerats K. 11% Bendix Aviation. .. Keene, assistant cashier, Second Na- 48 B tional Bank. 20% Western eese 18 Westingh'se A B 50¢ 32% Westingh'se Elec... 75 FEEFLS FFE F ~f & ' # More than 40 members and guests lice President Karl W. Corby and d Vice President Thomas J. . Corby outlined some ©f the work which he hoped the sec- $ion would do this year. 90 Bon Ami (A)(t4). 28% Borx Warner (1%). 8% Bridgep’t Brass 40¢ 24% Briggs Mtg (3). 23% Brigzs & Strat (3) 30% Bristol-Myers (12). 36% Bklyn-Man 'r (3 SN~ ONRanuen 6% Hamilton Wateh. % .63 Hamilton Watch 85 Hasel Atlas Gl (5. 11 Hercules Mot (§0¢c) 30% Houd-Hirsh A(3%) 6% Houdaille-Hersh B, 1% Houston Oil (new). 43 HoweSound (3),.u 2% Hudson & Manhat 6% Hudson Motor Car. % Hupp Motors Bgg2 i+ EF] FINE++4+ Frsse £ ¥ o+ T ERE REP + % Beaboard Air L (k). \l-bocrllhpf'(’lg c| ‘Weston Elec A (2). 160s 16% Westvaco Chi (40c) 2 6% White Motor. 22 13% White R’k M 8 1 Wilcox Oil & G 3% Wilson & Coa! 58 Wilson & Co pt (. 51 Woolworth (2.40).. 11% Worthington Pump 26% Worth Pumppt A.. 40s 20 »t 1 53% oo . 308 - T8% Wrigley W jr (13). 8 ... Feo83.. +4 des seese “ee ane®Broma s 288 1" Cottonseed Ol Bleachable cottonseed oil futures close¢ easy. July '10.39: September. 10.4i; Oc- tober, 10.37-38: December. 10.25. BSales 68 contracts, including 12 ‘switches. Liverpoel Quetations. LIVERPOOL. June 7 (P 12. 000 bales. iaciuding 300 Amesican. Spot * mol‘l::}xed t‘l _prices 8 points higher Setdaac ng. 6. fow ‘middiin g00d ordinary " 6.23; good ordin X tures closed very steady. Jul .38 3 ber. 6.04; January. &t Hot Springs, and revealing unusu- &lty successful year. i Oriental Officers Il‘ehl. '+ Charies H. Bauimun was re-elected president -of . the Oriental -Building Association at the annual meeting late yesterday. Other officers re-elected , _secretary, ‘tol 08; 'm| b M Yo e R B S % | Monday, Whitsuntide hohdl‘;?‘ o : |LESS SUGAR CONSUMED 21% 183 Youngstown S&T.. 4% 3 ZoniteProducts.... 64 IN MAY THAN YEAR AGO Appreximate Sales of Siocks on the N. Y. Stock Eachange, | B7 ‘e Associated Press, AM 8 NEW YORK, June 7.—Sugar con. Spencr Kellogg 1.60 M. 60, sumption in the United States ds 7% Sperry Corp (a25c) s 3 May, as measured by distribution. 8% Spjoer Mg Dividend rates as siven in the above table are the annuai casp | SMmounted to 537,000 long tons, raw 14% + % | PAyments based on the iatest quarterly or half-yearly deciarations, | SUgAr value, compared to 572,819 tons 8Unit of trading less than 100 shares. ¥ Annual rate plus | in May of 1934, a decrease of 35819 - 17% 9% Ilinotis Central 8 33 23% Indus Rayon (1. 35 Dulit (B G) M - 88 . 604 Ingersoll-Rand (3). 23 Budd (BG) Mtgpt. 20 64% 46% Inland Steel (3).. 4 4% 2% Inspiration Copper. 16% 8% Interboro R T (k).. s e® (PPN OPLE 9 3 | 17% Yale & Towne (60c)x 1 2 - 13 s FFEFFLESL The association also re-elected the [ 20% B following directors: Carl Haneke, | 60 32 Byers (A M) of. Jch.nl? xolb.s%u.l‘i:rm g m:, 42% 33% California PEg (1% ksl T D, 215 Calumer & Hedia - A0 Th B Xouns. 7% Campbell-Wy (aZ0¢) 51% -1% 3BU - U % 3% - % 1% Int Hydro'Elec (A). 2% Int Merch Marine., Dpew director was elected, Louis C. Dismer, who sucoeeds the late Ben- Jamin H. Parker. Resources of the association, now | 8% Can Dry G A (40¢c) 9% Canadian Pacifie 80 Cannon Mills (2 4% int Paper & Pw pf.. 42% Int Shoe (3). Investment Firm -~ MONEY MARKET. in excess of $5,800,000, are the high- | .. Yokxé“;vlunvmf;jn.--c-n money est in the history of the organizal Plans Adveru smg P2} _xg-';.”mm- 80 days. % of tion, to the report of the | The Oriental was established in 1861 by a group of - substantial German-Americans. gft 5 g 3 JAMES M. JOHNSTON & CO. Members Washington Stock Ezchange Correspondents of SPENCER TRASK & CO. Mcmbers New York Stock Exéhanse Egg 4 Founded 24 years ago, the organi- zation has total resources at present of approximately ns.ooo.poo. During 51 15 4% 221 Int Nick Can (806) .- 108 1243% 124% 12434 +1% | oot Of trad | Tie Int Paper & Pw (A) El 2 3 3% 3% 3 last m: n:n-mnnm“d . '..."'x'-u':""-.m’i“‘- bumhm | hocecdlie (0.8, W, Dyt 4:Co, % Int Paper & Pw (C) 6 5% 1% SandG&ESepf.. 1 4% 4% 4% — % |reorsanized. xEx dividend. sugar brokers. . e CORPORATION 45% Case (J 1) Co. 5% Int Tel & T FREIGHI |.0AI]|NG 3615 Caterpiliar Tr 8% Intarstate Dept REP ORTS Prime commercial ' paper; % per eent, 19 Celanese Corp. ... . 26 Isiand Creek C (2). . . | Bamkers“acceptances unchanged: 114 Calotes oot (33: 1 Ebadiare St i) m] BARS . Drive This Month | 585 s 5 58 s ent ay).. 38% Johns Maranva2se. 18 48% | S e S0 Ovrre Seifaess 1) T 30" JonesaLaugn 1ot 1208 56 S5 Sm 14 ) et ey g i e 29 Certain- St S retimntoati LEAD! RGANIZA' MARKET. 30 ChenpaabeCorp(s) 8.2 1% "1 KausanDatatoe 2 a1 S BTN . PO g (o 'n ' L e e, e o % 4 % Kelly-Bpring T (k). 1 1 1 Week’s Total of 565,342 e - | 9005 export. 77 80 Tip Sarely *siond: 16% Chi Mail Order (11 184 12% Kelvinator (t60c).. 12 13 ot . f54 and néarby, ‘8085 future. 4075 % Cht lu:l.l't::;a: 96 84 Kendall Co pf (16).. 10:; 3!( 0% 90% Also Is 14’314 Below news Standard mfli r-?o' ifig..';'n" 5“1.:“:3("22"6"5' 5% ~ Ha) 19 23% 28 28% 4" Period in 1934 of today. - Magazines and | Antimony. spot.” RHTE Banke) Associa- 113 103 Kresge ( newspa, , at White Sulphur Springs today. | .8 % 89% 561 Kress (8 H) (1) 461 60% 60% eriod in x :‘;’"" ! g = former Republican Governor 3. T Krogis SrARk 100, . 11 82,607 units, compared with 89,325 in | said the -benking struc- | April and 73,879 in May, 1934; ship- | advertisements, e Naton has ‘improved and ments of five months totaled 431,196 have regained confidence 3 financial institutions. “If we aré to avold a recurrence :: bank hfl‘flfi"n?: niit:’wehmm -Col care coun not Igate-P-P (50¢) over-banked; for while in times of {a '3“ gmnnwlmk- rising prices and economic recovery,| 5% 3 Colo Fuel&iron (k). an over-banked situation may stand | 28% 5 ColoF&1pf (K)ve. 108 up, the effect of economic reverses| Th 3% ColGas& Elee. 25 the 68 35% ColGABDLA 364 33 Loose-W “Every Investment Service” 130 .126 * Loose-Wiles pf (7)., 21% 18% Loriliard P (11.20). 140 124 Lorillard P pf (7).. 1008 3% $% T %] 17% 10w LoniavGaAB(ANIR 6 16% 164 1 11% - % B —— 46 40 McAndrews&F(12)s = 1 40% 40% 40! *MeCallCorp (2),... 1T 34% 910 Southern Bldg. Nat. 8973 §Es *,*‘ Corp—Buick de- May, 1935, totaled 7,627 against 6,988 in April and 5,245 Car Co.—Domestic 558 J i - Fag i § 1 65% 65% 1 111% 111% 1. 7 19% 19 19 - % n 1% 1 45% 46% 424 363 35% 36% +1% sgu-vu 24% + % % - 97 +14 ~nfl_n-u e 3 H FF g ENTERPRISE BUILDING ASSOCIATION | e?un‘nshn‘w United n;?&—' 7¢<h St. and Ind. Ave. N.W. : mfi g-i ghiily j i gE g | 0 110 - % B - % E ;i B 53 B T 255 "":fiiififiii‘:;ggx'“' ks B 1 1 989 ;; # & aers reFe 11 fee it Monthly payments as low as $7.50 per $1,000 +i+4+ ErEE f') GflEBQ s H g8 $8-2338,5 EEE HHLH 1 i = & i ¥ g 3 FpEINEe-2e3E, s il E £ »8 E8E sres 3 R ; J f 5 i g £ i 5 iln. REIFUE. FouZpnigtags 2ep-SyBERRE B-32,0 §8 Ro H % ke §-Epgdyit : i il 2%, R1i ? | k. ¥ i sE8EyRE- § ] ity ] i1 g FAF R THET L 40 CEss wE R sEFEETE=RY $988595 - 52