Evening Star Newspaper, June 16, 1935, Page 70

FINANCIAL, CURB LIT NOVES STOHGHER LEVELS Gains of Fractions to About a Point Predominate at Week’s Close. By the Associated Press. NEW YORK, June 15—The Curb fnarket finished the week today on & mild uptrend. Gainers of fractions to around a point predominated at the close and represented virtually all divisions. Transfers approximated 99,000 shares, | eompared with 108,000 a week ago. Among the issues closing at the higher levels were Allied Mills, Amer- jcan Cyanimid “B,” American Potash | & Chemical, Dow Chemical, Electric Bond & Share, Glen Alden Coal, Mead Johnson, Newmont Mining, Pittsburgh Plate Glass and A. O. Smith. INVESTMENT TRUSTS June 15 (. —New York NEW YORK. Becurny Deaters’ Association Asked, dmin Pund ww Ammeu !’ Inc a8 A PO ! Comi "Rat Corp ' Cimulative Tr Sho : Corporate Trust . Corporate Trust AA 0 | tions the egg market rules generally | prices. | Rocks bringing top prices and Leg- A. & P. Shows Drop In Total Assets to $189,212.887 Mark By the Associated Press. NEW YORK, June 15—The an- nual statement of the Great Atlantic & Pacific Tea Co. shows total assets of $189,212,887 as of February 28, the end of the company's fiscal year. This compares with $193,799,126 at the end of the preceding fiscal year. The company had on hand $83,047,- 131 in cash and marketable securities against $96,642,096 a year ago. Baltimore Markets Special Dispatch to The St BALTIMORE, Md., June 15—Due to increasing receipts from all sec- easy and values show a slight decline. storage purposes, has shown an im- provement the last week and the market price has ruled around 23Y cents a dozen for current receipts; large hennery whites, however, are bringing a premium at 24'; with medium henneries and current re- ceipts selling mostly 23'% on street sales. With the hot weather prevailing the latter part of the week buyers are very critical as to quality and only fresh-laid stock commands top Poultry Changes Small, The live poultry market shows lit- tle change from last week, with values fairly well maintained on all lines, with the exception of voung Leghorns, which show a slight decline. | Demand generally centered on large, fat stock, with brollers averaging around 2 pounds bringing top values of 23 to 26 cents a pound and mixed colors, 22 fo 25 but Leg- horns will not bring over 15 to 19. Old hans selling mostly 20 to 22, with horns slow sale at 16 to 18 Old roosters in ample supply and slow to move out at 12 to 14. Ducks in more liberal receipt and values show a slight decline at 17 to 19, with white varieties in best demand. Market for white potatoes holds nd Tr Shrs nd Tr 8hrs B Huron Holding shri Maryland Fund Inc . Mass Invest Tr . Atutual Invest Nation Wide Sec’ | | ™ Siver of Am Ty B Super of Am Tr BB Super ¢f Am Tr C Super of Am 'l‘! D Supervized Trist Rund Shrs ' Trusteed Industrs Shrs 1.2 | Trustee Stand Inv C : Trustee Stard Inv D Trustee 8Bt O s A Trustee St Ofl Shrs B . 5 Trusteed N Y Bk 8h | | INSURANCE STOCKS NEW YORK. June 15 (P.—New York Becurity Dealers’~ Association Bid. Asmfl Aetna Cas (215%) a1 e Aetna Fire (1 Aetna Life (.60) A(n:fl}‘tunl 3 Gity of New York inéw) Conn_ General Life (R0). Fidelity & Deposit (1t Eiremens’ insurance Pranklin Fire 11.10%) Glen Falis 11.60) G Am-mu. :'nfi | “ | A% 28 *Including extras. tDeclared or paid NEW YORK BANK STOCKS NEW YORK. June 15 UP\ —Nl' York | Becurity Dealers’ Associa! 50 for 23% | 2 cents a bushel. 140) B¢ gnfi ] “Includi SHORT'TERM SECURITIES. (Reported by Chas. D. Barner & Go) Offer. AlllA-ChlI:nr!n Co.. 101% 102! o R R ea b S =33335 e i ld 1940 cumu & oma Ry Bs 1838 & Coke bs 1937 l & Honh'ut 6las 1936 & Hud Bias 1937 iren 4128 1936 ‘5 & A ZRIR2333 SRERE #ES Se 23 D3 a305. A=2SR32 PO f 55 P ! Bighevmotpigaisy ettt (82 v 4 ! No. 2, 75; barley, 80. | to augmented selling of wheat and to | buying. On the other hand, need of | some July corn today changed owner- ship at a price above July wheat. | kept favorable there was not much | generally steady under a fairly good demand at 60 to 65 per 100 pounds for round stock, but mixed ungraded will not bring over 50. Sweet potatoes and yams in more liberal receipt and market shows a decline at 1.25 to 1.50 bushel for the former and 1.00 to 1.25 for the latter. with overlarge mixed stock selling mostly 75 to 1.00. Demand for native and nearby garden truck continues good, and all | stock showing quality meets with | ready sale at the following quotations: Asparagus. 75 to 2.25 dozen: beans, 1.15 to 1.25 bushel; beets, 2.50 to 3.00 | hundred: cabbage, 25 to 35 bushel; lettuce, 25 to 60 bushel: onions, 1.75 | to 2.00 for 50-pound sacks: green peas, 40 to 60 hamper, and spinach, 1212 to 40 bushel. Live Stock Steady. The live stock market on the | wharves holds generally steady. The demand centered mostly on first qual- ity stock. Receipts. however, consist mostly of common in-between kinds, which move slow at inside prices. Quotations today at Light Street Whart: Beef cattle—First quality, pound. 8 to 10'2; common to medium, 6 to 9. Bulls, as to quality, 31 to 7. Cows, choice to fancy. 4 to 6; common to fair, 31, to 51,. Calves, medium to good, 6'« to 914: common, 412 to 5)2. Sheep. 1’5 to 3. Spring lambs, (ood to choice, 8'; to 10; com- | mon to medium, 6% to 9'. Fall| lambs, 5% o 6's. Hogs. good to| choice. 813 to 10!3. Sows, Tl> to| |8%. Pigs, 815 to 101, Closing grain quounons: ‘Wheat— No. 2, red, Winter, garlicky, spot, do- mestic, 82'2; June delivery, 82's. Corn—No. 2, yellow, domestic, 92; cob corn, nominal. Oats—No. 2 white, domestic. as to weight and locatlon. 55a60; No. 3, 54a59. Rye, nearby, Chicago Grain BY the Associated Press. CHICAGO, June 15.—Wheat sold | at the lowest price level today since May, 1934. Nearly ideal crop conditions that | prevailed throughout the entire North American wheat belt, including bene- ficial rains in Spring wheat areas, led simultaneous dearth of aggressive dry weather in the corn belt had a steadying effect on the corn market, and for the first time in several years The close for wheat was nervous, 1%al% under yesterday's finish, July, 787:879: corn, unchanged to s lower. ing from 2 cents decline to an equal advance. Almost from the outset wheat values displayed a pronounced tendency to | fall, and at one stage were off about Bears asserted that so long as weather and crop conditions | likelihood of the wheat market making | any important headway. Meanwhile, unsettling factors included reports that Argentine wheat which had been shipped to the United States was being resold at Liverpool, and that Canada would continue her wheat holding policy for at least the time being. An interesting development was word from Wichita, Kans., that con- siderable wheat is being cut green to avoid possibility of a wet harvest. It is expected such wheat will ripen in the shock and not be threshed for 10 days yet. Much of today’s selling pressure in Chicago appeared to come from sources Southwest, and was be- lieved to be hedging. There was some selling of corn against purchase of wheat early, but |later on the spreading was reversed. | Oats were responsive to generally good crop advices. Provisions were firm! influenced by expected shrinkage of lard supplies. Grain range at principal markets today: cniags s Kansas Gity. . | Wisttseis - :m" 33'1 Chicago Cash Market. Cash wheat, No. 2 red, 81%: No. 2 hard, 91%; No. 2 mixed, 83; corn, No. 1 yellow, 84a84%: No. 1 white, oats, No. 2 white, 40; no rye; no buck- Trading on the exchange, mostly for |. wheat; no soybeans: hrleyleud,ut 60 nominal; malting, 60a90; timothy lfl.l'l. cwt., 8.5089.00; clover 2 per M-. 12.00816.50, THE SUNDAY - By the Associated Press. — 1938 — High. Low. Stocks and dividends. 110 103 Adams Mill 1st pf (7). 11% 5% Aero Supply Mfg A. E 15% Aero Supply Mfg B. 315 Agfa An 18% Alnsworth % Air Investors Inc.... 30 Alabama Gt South (b2). 37 Ala Power pf (6) llh Ala Power pf (7) Allied Int Inv cv p $36c. Allied Mills Inc. Aluminum Co of Amer. . Aluminum Co pf (1%). x 87% Aluminam Ltd. . 29 Alum Ltd cu pf. Am Beverage Corp. ¢« Am Brit & Cont. Capital pf (13)..4 City I & LA (3) Am Citien P & L (B) Am Cynamid (40¢) B High. 109% Am D Tel N Jevpf (7). x112% 112 Am liquitiex & Am Founders. i« Am Founders 1st pf B.. 22 Am Founders 1st pf D., 21% Am Gas & Elee (1.40). . Am Gas & Elee pf (6). Am Hard Rubber + Am Invest Inc.. Am Laundry Mch (40c). Am Lt & Trac (1.20) Am Mfg Co % Am Maracaibo. Am Meter Co. . Am Potash & Chemical. Am Superpower. . . Am Superpower pf. .. Am Superpower 18t pf. . Am Thread pf (25¢). Anchor Post F (d).. ‘Angostura W (+20¢)...x Appalach El Pw pf (7).. Arcturus Radio Tube. Ark Natural Gas. . Ark Nat Gas A Ark Nat Gas cu 2% 15% Art Metal Works (40c) .x !». Asso Gas & Elec. Asso Gas & Elec A Asso Rayon Atlantic Coast Fish.... Atlantic Coaxt L (b1).. Atlas Corp. ... Atlas Corp war Atlas Corp pf A (3). Atias Plywood. . Auto Voting Mch ( Ax-Fish Tob (3.20) A.. A 25' 9% Babcock & Wilcox (40¢) 48 Baumann (L) pf......c 20 Bellanca Afreraft, Benson & Hedges pf Bickford's_ Inc (1) Bliss Co (E W) Blue Ridge Corp 4 Blue Ridge cv pf (3) Blllmf:nthal (S) Bourjois, Ine ( Bower Roll Bearing Brazil Trac Lt &Pwr, Bridgeport Machine Brill Corp A. Brill Corp B. Brit Celanese Ltd rets. . Brown Co pt Brown Forman Dis. . ... Buckeye Pipe Line (3). «BN&EPpf (1.60). 6910 BN & E P 15t pf (5) . 30 Bunker Hill & Sullivan, 6% Butler Bros Cables & Wire A rets. .. Cables & Wire Brets. .. Cable & W pf (al4.9¢c).. Canadian Ind Alc B Canadian Marconi. Carib Syndicat Carman & Co A Carrier Corp Caulin Corp. Celanese Corp pt (7) Celanese 1st pf (7) Celluloid Corp pf.. Celluloid Corp 1st p Cent Hud G&E ct (80c). nt P& L 7% pt (11%) Cent & Southw U. Cent States Blectric kS Cent Sta Elcv pf(new). 24 Cent Sta K 6% pfxw... 2% Centrifugal I'ipe (4be). 4’3 Charis Corp (1%) 14k 83 ; 147 157 16 123 Chi Rivet & M (1%) 30 Childs Co pf. 21 241 65 City Auto Stamp ( ~.. Claude Neon Inc. .. 3518 Clev Elee Illum (2). 18% Clev Tractor 1% Colon Oil. . Colts Pat F A (1%) Colum G & E cv pf (5) Colum O & G vte. . . Comwlth Edison u) Como Mines. ... Comwlth & Sou war. Community P&L 1st Community Water Sve. Compo Shoe M Cons Aircraft. Cons Copper. . Cons Gas Baito (3.60). Cons Ret St 8% pl ww.. Cons Royal (20€)...... Contl G& Eprpf (7)...x Cooper Bessemer.. . Cooper Bess pf A Ww. Cord COrp. ..., Corroon & Reynol Corroon & Reyn'ds p! A Cosden Oil ( Courtanlds (a27 %z¢) 87 Crane Co pf (11) 10 Creole Petrolcum. 4 Crocker Wheeler. % Croft Brewing. . % Crown Central Petrol. 7% Crown Cork Int A (11) 1% Cusi-Mexicana Mining Darby Petrol (§0¢)..... Davenport Hosiery (1). Diamond Shoe (60c) Dictograph Products. .. Distill C Ltd (a27.3¢)... ¢ Distillers Corp-Seag... Distilled Liquors. Doehler Die Casting Dominion Stl & Coal B Dow Chemical (2) Driver Harris (1). Duval Texas Sulph 3% Eagle Picher Lead 215 Eastn Gas & Fuel A; 38 Kastern G & F pf (6) % Eastern States Power.. 5 Kastern Sta Pw pf A 4 EasternSta Pwpf B 3 Easy Wash Mch B.. % Eisler Elec Corp. 315 Elec Bd & Shar Elec Bd & Share pf (5). Elec Bd & Share pf (6). Klec Pw Asso (32¢).... Elec Pw Asso A (32¢) Elec Pw & Lt 2d pf A’ Elec Shareholding Elec Sharehld pf w! Electrographic Corp. Empire G & F 6% pt. Empire G & F 7% pt. Empire P Part ($50c) . Equity Corp. ... Eureka Pipe Line (4). Europ Elec Ltd (60c) A. Europ El Litd deb rts... Evans Wallower Lead Ex-Cello Air & Tool. 7% Fairchild Aviation 215 Falstaft Brewing. . 714 Fanny Far Candy ¢ 1% Fansteel Product: 8% Fedders MIg A.. T4% Fisk Rubbflrpt *) 11% Flintkote Co (A) (1) 10% Fla Pw & Lt pt 238 Ford Mot (Can) (1%).. 25% Ford Mot (Can) B(1%) 7% Ford Mot Ltd (a17.7¢) 3 Foremost Dairy pt 4% Foundation Co (Fo 14% FroedtertG&M cv pf. 20 Garlock Packing1).... % Gen Alloys. 11% Gen Elec.Ltd rcts b30.2¢ 11 GenG&EcvpfB. # Gen Invest Corp,... & Gen Invest war.. ‘Gen Tire&Rub pf ( Geargia Power pf (5) .iu 2 Geor.—um»un....:n 1% Gilbert (AC)..... C 1% Glumoacul(u)-g m 24 43 89 50 L STAR, Chesebrough Mfg (14). 132% 129 WASHINGTON, D. C, JUNE 16, '1935—PART Fl'V'E. WEEKLY SUMMARY OF ‘THE NEW YORK 'CURB MARKET FOR WEEK ENDING BA‘I‘UIIMY, JUNE 18, 1935, FEE A4+ ZEEERS sHrse FEEe W 44440000 PO 1T+ 1+1++ FF FIEewsST swrsfas rrs"re |++++++ Fh A4+ EIEELVT - ~— 1038 — High, 19% 18 8% 16 189 121 129 122% Grt A&P T 1st pf (7)... 126% ll:% 6 ‘D\& 71\ 634 108 102% 16% 64 . 4% 314 38 58% 12 0% 28 6% 114 102 2% 35 22% 109 Godchaux Suga % Goldfield Consol % Gold Seal Electric 14% Gerham Ine pf ww. 12% Gorham vte ext (al). 4 4 5% Grand Rap Var (50c)... 7% 7% 8% Gray Tel Pay Sta(afc) 16 15 Gt At&Pac Tea n-v(16). 128% 126% 4% Greenfield Tap & Di 20% Greyhound Cp (Del 1 Guardian Investors. 50% Guif Oil of P I 3% Hand Pg pr pf a2l $-10c. 50% Hartford Kl Lt (2.75) % IHartman Tob Co Inc. 2% Harvard Brewing. 7 Hazeltine (1).,.. 6 llecla Mining. . % lielena Rubinstein. 87 Heyden Chem (11), 24% Hires(CE) A (2)...... 14% Hollinger Gold (i6sc). . 30 Holly Sugar . 20 Horn & Hardart (1.60),. Horn & llardart pf (7).. 10‘% 106% 11% Hudson Bay l?n &8, 1615 N 44 Humble Oil (1 2% Hydro Elec Sec. 1% Hygrade Food Products 26 Hygrade Sylvan (2).... 183 111 Pwr & Lt 36 pf. 16% Imp Of Ltd cou (150¢) . 15% Imp Oil Litd reg (150¢). 12 Imp Tob Canada (135c), 31% Imp To Gt B&I (a7l.6c) 3% Indiana Pipe Line (30¢c) l“ Indian r Il Ol B.... Industrial Fin 7% pf. Ins Coof N Amer (2)... Int Hold & Invest...... Int Hydro El Sys ev pf.. Int’l Mining (a30c¢) Int Mining war... Intl Petroleum (11%).. Intl Products. Int Utilities A, Int Utilities B Interstate Hosi 8% Irving Alr Ch (albc i» Italian Superpower A 43 Jer Cent PAL pf (5%).. 601 Jersey Cent P&l 7% pf. 18 Jones & Laughlin Steel. % Kerr Lake (810¢).....0 1 Kingsbury Brew (d)... 1% Kirby Petrolm albe). .. 16 Klein (D E) (11). 64 Kleinert Co. 15 Knott Corp. Kopp G & Cpf (6) Kreuger (G) Brew 48 Lake Shore Mines (12), 67 Lane Bryant pf (7) 5% Lehigh Coal&) %4 Leonard Oil 40 Lerner Store 9115 Lerner Stores pf (6% 614 Libby McNeill & Liby.. 313 Lion Oil Refining. 45 Lone Star Gas (alic) 2 Long Island Light. 48 Long Island Lt pf (7) A T0n 37 Long Island Lt pf (§) Bx 60% 4% Louisiana Land & Ex... 8% 26% Lynch Corp (2).. . 39 6la 363 McCord Radiator B. ... McWilllams Drdge (12) Mapes Cons Mfg (3). Margay Ol (a25¢). Steam Shovel Mavis Botthng (A) (4). 4% Mayflower Asso (2) Mead Johnson (12)..... Memphis Nat G (a10c). Mercantile Stores (1).. Merritt Chap & Seott... Merritt Chap & Spf A.. Michigan Gas & O1l Michigan Sugar Michigan S p Mid] Sta Pet vtc A % Midl Sta Pet vic B. & Middle West Util (d)..o 8% Midland Roy cv pf (11) 5 Midl Steel Prod 12 Minn Mining & Mfg soc. 301 Mohawk Hud 1st pf (4)s $ Moh Hud Pwr 2d pf..... 715 Molybdenum Corp. Montgom Ward (7) A... 23 Moody's Inv S pt pf (3). 4% Mountain Prod (60e)...x 105% Mount Sta T& T (8). 72 Murphy Co (1.60) Nat Bellas Hess Nat Bd & Share (11%).. Nat Container (2). 1% 29% 18% 103 11% Nat Fuel Gas (1). Nat Investors. ... Nat Invest pf (14). t Leather. .. Nat Pwr & Lt pt (6). Nat Rubber Mch. Nat Service Co. Nat Steel Car Lt t Sugar NJ (2). t Transit (80¢) Neisner Bros pt (7) New Bradford Oil (1%) New Jersey Zine (2). New Mex & Ariz Land. . Newmont Mining (af0c. N Y & Honduras os(31). N Y Tel pf (6%) N Y Water Serv! i North Am L & pr North Am Utility Sec. North War ev pf (3).... & North Europ Oil Corp. . North N Y Ut pf (7). Northn States Pwr A Northwest Engineer. Novadel Agne (2).. 6% 5l 204 ———————————————— 26% 107% 1055 1 19 Ohio Brass B (a50¢).... 90% Ohio Oil cu pf (8 104 101% 85% Ohio Power pf (6). 105% 103 % Outboard Motor B...... 1 % —————— 3% 24% 145 132% Quaker Oats pf (6). 2 Pac EastCorp..... 24 2% 18Y% Pac G&E pf (1.37%)... 24% 24% 204 Pac G&E 1st pf (133)... 26% 26 71 Pac Lighting pf (6). 5. 100% 96l % Pac Pub Service pf. 25 Pacific Tin Cp spec(1). 37% Pan-Am Air (1).... . . 1% Pantepec Oil 32 Parke Davis (t1). 56 Parker Rust Prod (3) 5% Peninsular Telephone. 1% Pennroad Corp. . 80% Penn Pwr & Lt pf (7) 76 Penn Salt (13)..... 53% Penn Wat & Pw (3) 52% Pepperell Mfg (6) 4 Phila Co (80c).. 1% Phoenix Sec Corp 27% Phoenix Sec Corp pf. :% Pioneer G M Ltd (80c Pitney Bowes P (20¢) 51 Pittsburgh & L E (2% Pittsb'gh Plate Gl (12). Potrero Sugar. . .. Pratt & Lamb (1) Premier Gold (12¢)....x 1% Prod Royalty (2%¢)... Properties Realty vte... Prudential Investor: Pub Sve Ind $7 pr pf.... Pub Sve Nor 111 $60 par. Pub Sve Nor Ill no par.. Puget Sound P&L $5 pf. 6% Puget Sound P&L §6 pf. :5% 9% - 4 4 .. 145 145 6% Raflway & Light See... 12\6 12% % Rainbow Luminous A. % & Rainbow Luminous B 1 Red Bank Oil. 4% Reliable Stores. % Reliance Intl Corp A...- 2 ReybarnCo...... . % Reynolds Investing. % Richfield Ofl(&l)vr(d) % Richmond Radiator 1% Roosevelt Field Inc 1 Root Refining Co.... 3% Root Refining cv pr ul. . 60% !nlatycullhbll). & St Anthony Gold -2% #* ~ & ~1% - % + % +1% g +2% + & + % Nl A A FFx FERESS . 14+ - ® B8 4+ 04 - - #’?i\'i‘fi'#if:fi#f FE F OFEF I£1+1400010 -% - 'v'uk .. | Pioneer Mill, PEELII =X sen — 1938 — .!’t;:. Low. Stocks and dividends, 33y 25 50 4 2% Selfridge (b9%c). .. .00 % Bentry Safety Control. 1% Shattuck Den Min. 100 1181 1064 Sherwin Wil pf ¢6). 264 Singer Mfg Co (18) 12 - Smith (A 0). 2% Sonotone Corp. 4% S0 Am Gold& P %« South Penn Oil (1.20), South Cal ¥ pf (1%).. South South Cal Ed pf (1%)B. South Cal 1d pf (1%)C. Southland K (120¢) ..., Spanish & Gen rets..... 28% 8% 2% | Proposal Splegel-May-S pt (6%) . Square Deal pf A (2.20). Square Deal Co (B)..,. Stand Invest cu pt Stand Ol Ky (11 Stand Oil Nebr. . 4 Stand Oll Ohfo. Stand Ofl Ohio p! Stand Pwr & Lt... Stand Stlver & Lead. Starrett Corp... Starrett Corp pf. Stein (A) & Co (1). Sterling Brew (k7%¢) Stinnes (Hugo) . Stuts Motor Car. Sullivan Machine Sun Investing pf.. Sunray Oil. Sunshine Mining Swift & Co (150c). % Tastyeast Inc A, 11% Technicolor Ine. 3% Teck Hughes (40c) 3% Texas Gulf Products 5 Texon Oil & Land (60c). 22'% Thermoid Cocum pf.... 3 1 Tob Prod Export (10c).. 23% Todd Shipyard (2) % Tonopah Mining ' Trans Alr & Tra GRAIN CONTROL PLAN Before Parliament Dwarfs All Previous Moves in Business Lines. Bpecial Dispatch to The Star. TORONTO, Ontario, June 15.—The | grain board legislation now before the Canadian Parliament means, if adopt- | ,,| ed. that the Dominion will shoulder | the marketing end of this $300,000.- 000 Canadian industry. This proposal dwarfs any previous moves toward state intervention in business in| Canada. Canada has already conducted a gre co-operative experiment in wheat m: keting through the wheat pool, which | blew up when the depression hit the | | country. For the last three or four| years the government has been carry- | ing & good-sized corner of the western wheat business. It now proposes to confer upon a board of three members authority @ buy all the wheat and | coarse grain grown west of the head | of the Great Lakes and sell it on the world market. The board would be- come a huge compulsory pool for the | western farmers. For the first time in history, only | one wheat future is being traded in on the Winnipeg Grain Exchange. Ex- change officials are silent as to what their future course will be. (Copyrisht. 1935 by the North American | Newspaper Alllance. Inc. Dividend Changes By the Associated Press. NEW YORK, June 15.—Favorable | dividend changes in the last week | totaled 33, against 27 in the previous according to the Standard | Statistics Co. of New York. Unfavorable | change# numbered 5. against only 2 | the week before. Details of changes: Favorable. Increased—City Auto Stamping, Allegheny Transit Co., American Brake Shoe & Foundry, Petroleum Exploration, Day Transit | Co. (Boston). Resumed—A. G. McKee class B, | New Orleans Cold Storage & Ware- house. Extra—Canadian Industries com- mon A, Canadian Industries common | B, Angostura Wuppermann, Bristol 4 | Brass, Pirst National Bank (Louisville) j Preferred share earnings, 12 wonths | Trustee Certificates, Reed Roller Bit, Singer Manufacturing, Chicago Daily | News, Hartford Fire Insurance, Ideal Cement, Insurance Co. of North America, Wailuku Sugar, Air Reduc- tion, Fifth Avenue Bank (New York), American Trust Co. (Charlotte, N. C.), Cleveland Grapbite Bronze, Crum & Forster, Independent Pneumatic_Tool vic., builders Exchange building (Balti- | more), Meyer-Blanke, United Loan | Inustrial Bank. i Initial—National Bank of Commerce (Portland, Me.), Loomis Sayles Second * | Fund, Addressograph Multigraph (new $10 par), Tip Top Tailors. Unfaverable. Reduced—Augusta & Savannah Railroad. Passed—Bralorne Mines, American Manufacturing preferred, American | Power & Light $6 preferred. American Power & Light $5 preferred. CHICAGO PRODUCE. CHICAGO, June 18 _ub_Butter. 21, er q Y8231 fresl graded firsts. 22%a2314:" current recflun 22: storaxe chked firsts Poults 13 truck oaey. s hens. 5 pounds and Jess. than'5 pounds. 17%: Leghorn Rock fryers. 20a22 Gair old ducks. 4% ©small, 12 youne white duc fi-‘ 1 | 1% Y50 seece PO atoes, 114 o 'track 31 United Siaies ’hlnmnu %% "0id stock: ; demane and ‘supplie pe hllH‘l’!d- wn'te 0. w ld.‘l!fl. c-mom- cfnr&nb R 60: Darrels, U 8 No: 1 80a75. futures. stos S5 giandards. No- “n'&&".s oAl ‘;fifl t Telrizerator andards, “October. 26%. e n'w !olx mDUQl. uu, ‘.:ug mxg o‘kn Butier, u.a-r mnlfl Cheese, 'x.?’-. 'unmvmnoinlnl. 3 fresh and l:?n“e‘::"-r k! PHILADELPHIA PRODUCE. PHILADELPHIA. _June 15 (P.—Live poulry. ~ Fowls: Mmg l'nl!&. broil- 'l. 24. steady, No fl"llht or weak. Al #* 46 Selected Ind al ofs(3%4) x 61% Selécted Ind pr of (3%)x 5:: . x 25% » . 70 38% % Fapf(1%)A. 28 27 % 24% 23 102 33 ¥ 19 20% 10% 17% 964 2%, 20% & 2% 4 + % | xBx dividend. WATCHED IN CANADA | FINANCIAL, 14% United % United % United % United 35 United % United 1™ United 3% United 4% Unit M 4 United United 38% 10% US&I 234 21 41% 30% United Univ P) Utah P Utility Utility 4% 234 FE FEFTeE FEES 6 27% B 6 28% +1V 4+ 5401 - Woolw 1% 1% & Yuken Dividend rates | annusl payment. sOdd aPayable in_cash or stock. Plus 6% In llocl * | in stock 5% ’m llocl U 8 Foll Co (60¢) B. U S & Intl Sc 1st pf ww. U S Playing Cards (1), 6 United Util Pwr & Lt. Utility Equities p 3% Waco Afreraft...ceeeee Waitt & Bond A. Walker (Hiram) Walker (Hiram) pt (1). ‘Wenden Copper. ‘W Va Coal & Cok: West Air Expr (ne: West Auto Sup (3) A, West Cartridge pf (6) West Md pf. West Tab & Sta (1). Westvaco Chlor pf (7). Williams (RC)(1). Wil-Low Cafeteria pf. .. Wilkon Jones (16)..... ‘Wolverin Port Cement., Woodley Pet (20¢).....x 10 8% Wright Harg (140¢).... — D. 29 Tung-Sol Lamp pf m( 4 TUnion Gas (Can) (al0e¢) % Union Oil of Cal deb rts. CarrF (1). Founders. . Gas Corp.. Gas Corp war. Gas Corp pf. Lt & Pwr pt Lt& Pw B. Lt & Pw pf olas Ltd a6 3-5e Profit Sharing. . Shoe Mach 121 . x 824 S8FE FEESE FEeF ntl See. .. FEbEEEN Stores vic...... Verdi Ext (40¢). fctures Utah Apex. . & Lipf(11.16%c) 26% % 8% 60 Equities % . & Industrial...s % Venezuela Petroleum.., 4+ FESS 25% 1% " N FFEFLE IS 14 105 11 FIL++4+00 © b 251 3% 5% 28% 8% FW Ltd 246 1-5¢ Gald. in dol: . lot. I ding. y ellrl DPI!IDI. in 3 0% In hPayadle in script ar—no e % in stock. IP‘I‘:H‘] ¥ =~ 10 panics repurted 1o receivership CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, June 15.—The follow- ing is today’s summary of Corporation News prepared by Standard Statistics | Co., Inc., New York. Ford Motor Co.—Subsidiary, Ford Motor Co., of Prance, reported for 1934 net profits of francs 4,754.000, | against net loss of francs 20,416,000 | | in 1933, Graham-Paige Motors Corn.—Pm-\ duction of company in first five months of 1935, totaled 12,644 cars. | compared with 10438 in like 1934 | | period; this output was the best in four years and compared with 5,157 | | cars produced in 1935, and 8639 m first five months in 1932 National Bond & Share Corp.—Net | asset value of capital stock of this company as of May 31, after pro- vision for dividend of 25 cents share. was $42.53 a share on the 180, 000 shares outstanding; stockholders of company on April 15, shares of stock; this was eflective by reduction in capital from $4,675,000 to $4,500.000 and number of issues from 187.000 to 180,000. 1935, ap- | | proved retirement of 7,000 additional | |CREDIT MEN PLAN “ROGUES’ GALLERY” Ways by Which Business Loses $450,000,000 Yearly to Be Exposed. Special Dispateh to The Star. PITTSBURGH, June 15.—A “rogues’ | sallery” of commercial crooks, fire sale sharks, fraudulent bankruptey | operators and other types of com- | mercial swindlers will be staged at | the fortieth annual convention of the | National Association of Credit Men, which begins here Monday. Over 700 men will be included in | the display, all of them being opefa- tors of one kind or another of fraud- | ulent businesses. They have been taken “out of circulation™ by the as- sociation's fraud prevention depart- | | ment in the last 10 years in co-Opera- :l‘m with Federal and local authori- es. ‘The fraud prevention depariment of the National Association of Credit !Men has waged a vigorous fight against commercial frauds and has exposed more than 1600 business racketeers in the decade. It is esti- mated that the annual loss 1o busi- ness interests of the country through credit fraud totals approximately $450,000,000 a year. < Minneapolis-Moline Power Imple- ! ment Co—Company is operating its | farm machinery division at close to | capacity as compared with about 40 per cent a year ago; structural steel dmtnt is running at about 33 pcr cent; operations have been on .pm!lllh.le basis since March; sales '\ volume of company in first five months were in excess of total for the | entire year 1934. Chicago, Milawukee, St. Paul & Pa- | cific Railroad—Deficit, 4 months end- ed April 30, was $7,037,668 vs. de- ficit $5,787.595. American Power & Light Co.—Di- rectors of company took no action on preferred dividends; on April 1, 1935, disbursement of 37'; cents a share on $6 preferred and 31{ cents a share on $5 preferrea were made. Northern States Pover Co. (Del.)— | | Net income before subsidiary pre- | ferred dividends. 12 months ended | | April 30, was $5,041,217 vs. $5,544.885. | Oklahoma Gas & Electric Co.—Pre- | ferred share earnings. 12 months end- ed April 30, were $1008 vs. $10.21. Wisconsin Public Service Corp.— ended April 30, were $4.74 vs. $6.71. Tide Water Oil Co.—Directors of company called for redemption the 196,246 shares of outstanding 5 per cent $100 par cumulative convertible preferred stock on August 15, 1935, dividend of $1.25 a share. Standard Oil Co. (New Jersey)— Company made a reduction of 24 cents a barrel in marine Diesel oil | at North Atlantic ports, making new | price $1.65 a barrel; at Louisiana guif | ports a $1.50; cuts are to bring prices into line with recently established short- plant Diesel prices. | Tubize Chatillon Corp.—Com| ‘ filed suit ir Federal Court, Ph!hdel- fringement of patents Nos. 1725742 and 1875894, granted to James A. Singmaster, relating to methods of delusterizing rayon yarns; action sought, an injunction to prevent fur- ther alleged infringement and dam- ages for past infringements, APPAREL WOOL STOCKS By the Associated Press. NEW YORK, June 15.—The total | stock of apparel wools in the United State June 1, including all old and new clipped wools in all hands and the estimated unshorn portion of the new | | clip, was about 592,000,000 pounds, grease equivalent weight, according to | the New York Wool Top Exchange | Service. This compares with 616,000, 000 pounds a year ago, 638,000,000 : | pounds two years ago and 642,000,000 pounds three years ago. -|COTTON MILLS EXPECT TO CURTAIL PRODUCTION By the Associated Press. NEW YORK, June 15.—Quite a few cotton mills were said to be planning to follow the example of the Amoskeag Co. in sharply curtailing production. The plan of most mills is to close down one week in July in addition to their regular 25 per cent curtailment. FEDERAL LAND BANKS NEW YORK, June 15 ().—Pederal Land Bank bonds: 4% Jnn mu..u 1985 ¥ 3 222 22RIR23R, RS bt o e 4 - | Business reflected at $105 a share plus a final quarterly | cut of 20 cents was made to | | phia, charging Viscose Co. with in- | WELL BELOW YEAR AGO| 'MOST CHEMICAL PRICES 1 TEND DOWN IN WEEK pecial Dispatch to The Star. NEW YORK, June . 15.— Pric changes made last week in the mar. | kets for heavy and fine chemicald ‘werz of relatively minor impertance, the Oil, Paint and Drug Reporter wil |say in its June 17 issue. Most o fhem were reductions. increasing sea | sonal slackening in the consuming in dustries. Sellers were chiefly intersst. |ed in the outlook for the third quar ter. There was no indication tha major schedules would be changed foi | that period | The Reporter's composite inde: | number of prices for heavy and fing | chemicals was unchanged at 1261 | ncompared with August 1. 1914, 00). In comparison with aversg prires in 1926 (as 100), the Reporur index number is now 89.2, against 89 | at this time last year, |HIGHER NET REPORTED BY BLACK & DECKER Special Dispatch to The Star. BALTIMORE, June 15.—Net incom of the Black & Decker Co. for th quarter ended March 31 amounted | $87,782, after taxes and charges equivalent to $2.19 a share on the| 8 per cent preferred and to 23 cents] |on the 289,354 shares of comman| after regular allowances for the pre- ferred. This compares with net of $85,420, or 22 cents on the common, for the like 1934 quarter. | For the six months ended March 31, the first six months of the company's| | fiscal year, net amounted to $140,600, or 34 cents on the common, com- pared with $110,671, or 24 cents for the comparable period of the previous year, | TOBACCO MEN TO VOTE ON A. A. A. CONTINUANCE Special Dispatch to The Star. DANVILLE, Va., June 15.—Tobacco growers in the Bright Belt will be called on to vote before June 29 on | the question of continuing the prin- | ciple of the A. A. A. in the year 1036, No referendum will be held through the usual means of taking the farmers | to_the polls. | Each contract holder will receive a Ib-llot by mail and will be asked to mark it and return it to his county ;lu where the tabulation will be made. AWARDED BOND ISSUE BY FREDERICK COUNTY Special Dispatch to The Star. ., 100.58 for 2%s, and ‘Westheimer & Co., 102.93 for 3s. SHIPYARDS NET LOWER. NEW YORK, June 15 (P).—Todd