Evening Star Newspaper, July 2, 1935, Page 18

A—18 ¥x%» FINA) CIAL THE EVENING STAR, WASHINGTON, D. €. TUESDAY, JULY 2, 1935 FINANCIAL. I],B,BANKSR[P[]RITRANSACTIONS ON THE NEW YORK STOCK EXCHANGES][][,‘KS|RR[[;U|_AR By private wire lum to The Siar. Prvv 1035 Bteck and Prev, 1935 Btock and Low. Dividend Rate.. Auno. High, Low. clmmn. High. Low. _ Dividend Rate.. Adfl 00. High, Low. Close. ohes. Prev, 1035 Stock and Net. b . Close.Chge. 519 Madison Sq Garden, : 674 6% 14 10 StL Southw'n. 108 11 11 11 - % DROP IN DEPOSITS <& %yt H e s STOCK AVERAGES e SR g AT END OF SESSION allison & Co pf .- % B — % 30% : 20% 1208 T8 24N Adsms Bany Soepied [Kp e sisinod Eee 13% Man El md gtd (d) 1 17% §17% — % 5 Scott Paper (1.80).. 66 66 66 31 q 1llis (2). o MammleLe T8 _‘j r S—— 415 Maraneha Corp. 5% b6%—%| % % Seahoard AlrL (d). I R 145'% 104% Air Reduction (13). 30 15 15 60 g:\ 1lwdn-lno Midld (4 et) = 6 + % gn;. Seab'd O Del (v:oe) 80% 30 304 + % 1% % Air-Way Elec Appl, % ; % 3% Market St Ry pr pf. 5108 10% 3% 31 Sears Roeb’k(a75c). 29 42% 424 e 5 $266,578,580 Total Com-| ,i7 s Alrvey Blee tor': e dndues; R«al;s. Y“;'Bm“’i 5. erkel“t“ygs..;.;zgn « ‘ 40 SecNatlavpfily 20s 52 52 Utility Issues Move Higher, 8 R T change. -2 = 2 Market St Ry 2d p s 1 5% Servel Inc......... 12 9y L ares With $275,226,55 7" 25 Alleg pf ws30w (d). u 4 Today, close. 601 234 327 441 20 Marlin-Rockwell(2) 288 714 Shattuck (FG) 250, 1 T 7 p $275,226,551 T A e as 3 Previous cay 603 241 325 443 6% Marshall Fleld 81a 20% Shell Trading b7sc. 150s 35% 351 35 but Other Sections of at Time of Last Call, | & 2 Alliea stores. . % Month ago - et S 357 May Deptsir (180) 1 634 Shell Unton O pE., 1 82 95 o Market Waver, 5 ; Haonee 21 : o 513 Maytag Co.vveovee 4 TH T 9% 8% Silver King C (48c) % kY - v % o) 3 2 - 3 4 BY EDWARD C. STONE. i i QI‘L':ACI‘,':F‘:"(E:“ 935 616 329 452 8415 Maytag 1st of (6).. 6 Simmons Co. . 4 9w g Twenty-two Washington banks re-| zq.0 4815 Amerada Corp (2).. 5 495 216 348 41 Melville Shoe (22). 1315 Simms Pet (ai0c) 8 15% 15 5 Atvancas ported approximate deposits of $266.- | g7ui 4112 Am Ag Cem Del(2), 3 5o 45% ; . 0 406 514 4 3 Mengel Co. g 3 Skelly Oil pf ww. 3 80 : Declinec 578,580.04 on June 29, the last busi- | 2gy 1313 Am Bank Note..... 7 k v 5.3 242 349 Q‘. Mengel Co p! B 4 Sloss-Sheffield pf. o 3%% 23 Unchanged __ ness day of the Government's fizcal| 641, 43 Am Bank N pf (3).. y k 1ow % 23.9 16.9 fl:f ;’:I‘::’lé;:zelr % A 4 x;nmer rccm(nfi._'.) ‘ 5 % Totsl issues year, in answer to the call for con-| 32% 21 Am BrShee (1), 24 “ 1029 high .. L 1843 1577 _— - A 8 1 Socony-Vac (§)c).. 3 13 2 = ditton of all banks in the city issued | 144 110 Am Can (14).. 3 1927 m\f 4 4 618 618 3% 9% ??n'é'[fié‘éfl'.‘.‘&f:.;‘ 4 ::;l APr: xlmvapé\saa;i 3 BY VICTOR EUBANK, : 8 15 3 159 54 =Sy . “ u Porto ug ¢ today by Controller of the Currency ‘?n,‘ lht“ :: g::;’rl;";"d" Midl'd Stl 1st pt(8). ’ South Cal E4 (1g%). e A J. F. T. O'Connor. 5o SiAL Car o BTN it 4 Minn Hon R (13). 9 "a 12% Southern Pacific. .., Bes YORK, July 2—The utilities This total compares with aggre-| 133 & Am Chain.... Tret 1950 ok aun Heles— Nea. 5 Minn H Reg pf () 9 b Southern Railway.. E 4 | ®ave a bullish performance in today's gate deposits of $275.226.551.85 on| 96 66 Am Chicle (13). 9 g High. Low. Dividend Rate. - Add 00. High. . Close.Chge. ;‘:I’"“ M"l“'"‘g"‘" 4 0% Southern Rwy pf... |svnrk market, but other sections of the date of the last previous call,| 33% 22! Am Comel Alcohol,. 7 2 4313 231 Delaware & Hudson 4 29% 29 204 — M| > e ; : sl 3's Sparks-Withington. 6 ‘ RR the list wavered and the close was e 615 A Crswinl Stgan e 5 i Delack & Wests. 19 1% 1% — &% Mission COrp. ... e 214 Spencr Kellogg 1.60 514 . somewhat irregular. £8.647.971 81 g 21, Am European Sec 5% 5 941; 65 Detroit Edison (4). 3 9315 9314 — Mo K:n::;::'p ) ! S O 1 ? : Another defeat in the House of ol 7 - 2 Am & Foreign Pwr. R 36 Devoe& R.. A (11). B Y L Beeoe. 4 senta H The banks in the Capital reported | 9o Am & For Pw $6 pf. 2015 19 9 5 Diamond Mat (11). jRepreseiiatives foe the sdminttre P 3 Mo Pacific (d). 4 “ 3314 Spicer Mg pf (3) the following deposits on June 29, Am & For Pw 87 pf. 3 26 5% 2 34% Diam Mat pf(t112), e Mo Pacific pf (d) 7 '« %) Sy\egel-M:yv-Surn. % 6 6 +| tion on the holding company bill after the call had been announced 3% Am& For Pw 2d pf. 2 24ix Dome Mines (12). 5 39 + % 4 % Mohawk C M(a 5 Stand Brands (1).. 50 15 5 | aided sentiment for the power group. this forenoon: 2 Am Hide & Leather. | 78, 1715 Douglas Atreraft. .. B SR Monsanto C (1). 2 » 130 122% Stand Brands pf (7) 30s 126 The activity was more pronounced American Security & 7 Am Hide & Lpf.... 22 22y 4 la £6% Du Pont de N (2.60) 338 102 + 2 '« Montgomery Wa 4% 1) Stand Gas & Elec 45 g than in the previous session, trans- y Mother Lode 2 " 5% Stand G & E $4 pf, 5in | fers approximating 1.150,000 shares | What Stocks Did ssnciated Press Pinancial Writer, Trust ... $40408.42489| 54 20% Am Home Pr (2.40), 3y 3% i a : 3 - . A i Am Teapf (8). : 2 32 1491 110'; Kastman Kod (6). . 7 Motor P“’d“":n‘” 1 Stand GEESCpt.. 6 12 While various steels, oils, motors # Am Locomotive A 17 161 141 astman Kod pf (6) 5 fotor Wheel (50c) . 9 16 Stamd G & E$7pf.. 16 14% and rail inel ¥ Bank of Commerce & o gt ; 4 i R E e 38 2 2 Mullins Mfg. . 2 %% 274, Stand Ollof Cal (1) 34 35 e Tals Were inciinad {o) hang: back, Savings .. .. 217423650 S5 Am Mch & Fy (80c) : 21 29 19% Riectric Auto Lite.. % 2 Mullins Mfg pf. T8 Tl +2% | 116 Stand Oil Exp pf(5) 3 1125 112% 8 number of specialties rode along City Bank . 5.263.163 44 Am Mach & Metf 112 107 Elec Auto Lite pf 7. Munsligw s Ing o ; 5% 16 3 Stand Oilof Ind (1) 20 25% 25y with the utilities. At the same time, Columbia National . . 4,508.833.54 . Am Metals pf.. 3 107% 1074 107 3% Electric Boat. ...es b oo Musray Corp : SandOUNJ (11).. &7 AT 4 $raders were noticeshly eanLins East Washington Sav- Am Power & Light. . 57 Blec & Mus Ind. ... 5l f - U B0 MyscvBIECO T e el i daiie. B 16%: 164 Realizing in wheat depressed that ings 873633.24| °© Rt Am Pwr& Lt$5pf. 3 2 | ec Pwr & Light, 3 Y o ) Sterling Prod (3.80) fif‘ 8 623 63 cereal and other grains declined s | Am Pwr& Lt $6pf. 7 2 2 ec Pwr&Lt 86 pfa, 315 131 3 Stewart-Warner. o 108 4 % ! sympathy. Cotton was fi i by ir 7.2 nin | 4 s ~, P 3 g - ¥ n as firm Power ;4"";"“;"'::1 ';3“1'":‘“] 4281 ”! Am Radiator. . ¢ 1 3" Elec Pwr&Lt §7 pf. R i : Blne & Wenmter. - o 5% bonds moved into higher territorv stri A A% E > : . 4 Slec 8 9 N4 s it ¢ b Studebaker Corp., e 2 5 5% Am Rolling Mills... g a 39 Elec Stor Bat (23) R, . Other loans were spotty. The gold cur- Liberty National 4877,385.95 | A cesilne o 54 52% Endieott-Jokn (3).. Nat Cash Reg A b0c 75 2 Sun Oil (11)., 2 7 Lincoln National ..... 8352.07887| 26t Am Shipbldg (2). 2 3. 3 1's Engineers Pub Sve., Nat Dairy Prod 1.20 a 3 1% Superior Ofl y 2 rencies were a bit higher in terms of McLachlen Bank .. 3,522307.68 8 Am Smelt & Ref b Y g 14 Eng Pub Sve $5 pf. Nat Dept tanes a)w 1 1 5 Superior Steel 7 7 the dollar. National Metropolitan. 23,467,165.75 2 Am Steel Foundry.. [ 14'; Eng P S $5.50 pf ww Nat DepSist ph‘d: 2 2214 4% Swift & Co (13he) = Most of the share gainers finished Morris Plan Bank ... 1.051.99253 | Am Stl Fdry pt (2). Rl L 26% — = under their tops of the day. Ad- Munsey Trust 4,903.117.42 | Am Stores (12). NatTin & S0E (.. : : 9 a c T T vances of fractions to a point or & | Am Sugar (2). Nat Lead (5).. el 5 National Bank of | 248, 181, Am Sum Tob (1). P, 2015 . 3 6% Erie R R 2d pf. more were held by American Tele- : Nat Lead pf (1) A.. 62 16: exas C “ 2y | 2 i Washington 889131919 1301, 687y Am Tel & Tel (9)... 45 126% 126 1 10'5 Eureka Vac Cl(30¢) % Nat Lead pt (B) (6) 108 138 13 363 28% TexasGulfSul (2). ® 3di 333 3 Diionie, Consalifated Gan. North Mmwr, National Capital .. 2.482876.46 | 9 Am Tobacco (5). .. 5 ¢ a0ty 5 ns Prod (a1)... Nat Powr & Lt (80c 179 ¢ 9 % 3 Tex PacCoal&Oil. 64 5 ican, Pacific Lighting. American To- Steel (1) ‘“ Tex Pac Land Trust 12 L Y % i [bacco “B” Liggett & Myers “B," Nat Supply 2 Thatcher M (a30c). ) American Can, Continental Can, Du Rices National Bt o; Am Wat Wks (80c) - ; A‘rlllnlhhlnr.‘ 15 2 \:'m“‘\' o (806) é « . - -}-;'Z’J"{'fi.fi";“' " | Pn... . Electric Auto-Lite, Timken et Nt 1 Am Wat W 1st (6). 2 airivks Mpf $313 2 2 : E g 2 Third Avenue, . Roller Bearing, Murrav Corp, Ana- Second National.. .. Am et AR Neisner Bros (11).. 2 1 Third Nat Inv a50¢ 2 gecurity Savings & . oo . o = e S Newbarcytd J) 1.60 1 ol = conda, Magma, Kennecott and Cerro ) 351, Am Woolen pf : 2 % 3 1ed Motor T(alie). 5 5 al; Newberry(J J) 112 513 b1t 3% Thompson Products » E Commercial ........ 6.039.973.29 Anaconda Copper... 17 “ s Fed Water Sve (A). ASwpor Ing e L 2 Thompson Starrett. i Union Trust 895429581 174 121, Anchor Cap (60c) 3 134 13 a7 285 Fid Ph F in (11.20) NI Ao e ide et Avio Ol . D Eoh he e ol the Jedeen Washington Loan & ' 109 101 Anchor Cap pt(6? 2 i'e Filene'sS pl (6'3).. 2 2 §<.-n|;-l li. 6 2 Tide Wat A O pf(6) | were Bohn Aluminum, down around 5 TIUSE veveenooones.. 2223370236 42% 36 ArcherDanM (t1). 7 2ls Firestone (40c). . 6 g p Chi Bt L0 : i i é Rias st OlpC (6 | points, and Southern Railway, com- I 10614 97 Armour Del pt (T).. 2 3 5 Firestone pf A (6).. N Y '"';‘n&l‘}fl e 3 2+ s Timken-Detroit. ... mon and preferred, off around 2 each, Total £066 Armour of Illinois.. 8 2 e 45% First Nat Strs(213) 5 5 -t (IR "{‘ 3 3s 28% Timken R B (11). Standard Oil of New Jersey was bets 0t Armour 1 pr pf (8) N 201 Food Mach (1)....e i sl ter than even, but Standard of Cali- fornia and Amerada were off about a point each. Aside from Southern, the other rails were only slightly lower, Deposit <lvmp Expected Here, Arnold Constable. .. Foster-Wheeler.... United States Steel. Bethlehem, Gen- . 2 =so Dry Good oow Foundation Co..... The drop of more than $8.300.000} ool o0l iy Tot vd.-u-y Fourth Nat In agoc. in aggregate ceposits in Washington | Atch To&S F pt (5) Fox Film (A) had been expected by bank officials.| = 9% Atlintic CoRatLine Freeport-Texa 3 Bankers said today that the slump! 2 Arlantic Ref (1)... Fuller Co 2d pt. {‘\0“" Am:“l“”- o 2 21 Truscon Ste eral Motors and Chrysler were a trifle was largeiv cue to the personal tax 2 1063, Atlas Powder x-Hfi) e \g::;: ::c: :,1,"'3 ot . Und-Ell-Fi ) der water McIntyre Porcupine | e g o rjded a point. along with Case, | The majority of silver mining : | shares were hesitant. as the price nf 1047 10 5 imported bar silver at New York was 5 v s 7 Atlas Tack g Gamewell Co. d 7 v which is due on July 1. A | A e - 57 North Am Ed pf (6) 9 9 0% + 2 Union Bag&Pap (2) 90 a a reduced !4 of a cent an ounce to 69'; T4 d4 44044 National ~Savings & 938, 744 Am Tobaceo B (5)., g i Trust 5 3 338.65 | Am Type Fd pf (1), 9 Fairbanks Co pr. ¥ w Trans & West'n Air Transue & Williama Tri-Contl Corp. ... : g 95 Trico Prod (2%)... Mines (2). ¥ Truax-Tra Coal...e K S| = ; 5 e ith-| 2 Auburn Auto. 238, 22 Gen Am Investor $ 4 g J :m: n‘ nod[;m; Mks”(‘i ney Ausiin D A 02 : nl e Conik ,“Tr,n’”\) o 85 Li . f\\nrm.rkn‘}’icmci‘ 3 20 19 13 3 Un Carb&C 1.60 - rawn from the banks du - P e il R R 4 5 20 NorwalkT&R pf 5 5% 23 2 Un Oil of Cal (1)... period and heie in vaults or p! Gen Baking (60c). . k 2 's Un Pacific (§) ‘ in tax-exemp* securities. = s Gen Baking pf (8).. 20 ' 9% Onio Ofl (aléc) g b ‘ Un Pacific pf (4). This money ir soon returned to the| 35 7.} paitimore & Ohto.. 33 11% 's Gen Bronze. 6 e :'-lr:r:ri;ui re 5 5 e Do = ks s sits in two weeks!| 11, @1. s o 3 2 Gen Cs 4 2 A “oa e % 3 b.ank. 5o that deposits in two weel 177 914 Raltimore & Ohtopf 9 1384 12 2 > £ 5 . 512 3% Omnibus Corp... 3 United Alr L vte. from now will probablv be about the 102 1003, Bamberger pf (615) 106 3 > . = m 11y Otis Elevator (60c). 7 e United Bise (1.60) Fame as they were Jast March, a very, 447« 6%, Bang & Aroos (23) ! + ¢ D2 : 60% 46 United Carbon 2.40. cubstantial increase in the past vear.| 40% Farker Erothers pf. 2 (o o RS AE X NP OTUIS - JETTS- Are A P ooy CyN icago Grain ctric €600« = “arks t . . 5 O e E - ] 'y United Corp.... Today's call by the controller in-| ,'-';:f’, -d.d«:l—::?:ai\.l; * . Gas& El (A).. B | 3 '« 391, 20% United Corp pf (3). eluded all the national banks n the| BestrlieOre (a5 00) : x| 104 80 Owens-11l G . 9 3 tmwd Drug.. : 3 United States. National banking laws | o 11k Belblne Heri(a580) e e rae A . A nited Elec Coa . | CHICAGO. Juls 2—Hear. agar require the issuance of at I hree ‘e Rendix Aviation. .. S E 3 & - E 2 ~ % 4 8 2 i at characterized recent 2 A 19 Pacific Ltg (2.40).. 35l - ; 9l United Gas Imp (1) 308 3 sessions ¥ t s vl calls per year for condition state- | 51a Reneficial Loan 1% 70 Pacific Tel & Tel (6) 4 . . e sessions Was not present in the wheat ments. | am Rest & CO(2)..uee 7 Pac Wn Oil (b40c). : L Paparb @ (@ . ket today and profit-taking shaved While the dates are optional, one Rethlehem Steel . Packard Motor. E ¢ United PceDW.... 1 a cent from prices. eall usually is timed as of the close| “f:"‘:::_":li‘(‘,:r’r; . P ! | Unit Piece D W pf.. 708 Ty 130 ,,| Favorable harvesting weather Sotth- of the fiscal year in order that a| jsu i i 3 B Rafiac et p 20 | 2 L - \ 5 4 US & For'n Secur.. 6 | west, weak Liverpool wheat and comparative history of banking may| jjo N,mm,md“_v“‘) F . f 3 Gen Stl Casting pf. 0 b 2 2 | 59 40 h i’-\pif’.:”:' )“t 3 57 ‘s\ let-up in the volume of black ruzt be maintainec In recent years it 3 28 Blumenthal pt : 5 2 Gillett Saf Ras (1), v 5 5 ~ i« Pathe Exchange(A) e Us x;{n‘fi:«;:&nzf ; i . 1r»xsmns from Nebraska were factors also has beer. the practice to issue Boeing Afrplane 2 7 5 Gillett Stf R pf (). 8 5 Patino Mines. .. ... U S Leather(A) vie. 1 4 | disappointirg t Some erop # call as of the close of business each ::on: Al(gm:r:\;ay. 2 4 ] 22 Gotd Dust (1.0 - < & 415 Penick & Ford (3).. : USPipe& F (50c). 3 14 = g’r’:‘;;“] “m-'i S ‘“mb*;lifl': calendar year. Today's call marks th = OPden {10 C1-Ne ) iee > e = = 4 3 Penney (J C)(2)... v 4% T 2 1 US P&F 1st pt 1.28 2 b b | Spring wheat w subjiect 0 a el i Btk WaAmner 118) : Goodiiceh (BN : ', Penney (J C)pt(6). 10315 10315 107 3 US Reaity & Imp = | least some damage, the amount E e 3%, Roston & Maine. ... - b e e > Penn Coal & Coke 3 9 S Rubber. ... 13 to be governed by the weather. Another Call Also Tssued. % Rridgep't Rrass 40a 2 q 2 year §7 pt (4), . Penn RR (1)... 3 U S Rubber 1st pf.. 4 3 Wheat closed .- cent. below the " : , P = M, cam 25 v . x b Ceoples St 2 32 5 <melt & R (a6) 1 Lo 1 3 p 3 y - Coincident with the controller’s i:)g;:;{r:‘!(“. sm UK DL 2 4 30 {‘"‘L“:ga&qnfl,\l). 32 3 5 S Smelt&R (a6). 6 ) previous finish, September B87a871,, #all, the Federal Deposit Insurance | g e S I > 3 3 m-Paige. . L - Pare Maraiient Ea i z tont. o : and corn was 135 lower to % higher, Corporation issued a similar one for RN M e B 3 Bla Granby C ¢ ] 4 Pees Maconsiin b 5 * Hinid ; : September 75,7574, Oa the condition of all insured State Rklyn-Man T pf (6) T % 9 el 2 S A 20% : Potrol Gorn 4 - J Fe % o ite and Berles banks not members of the Federal b Rkiyn & Queens.... 3 ‘ ¢ ”"*"“"“”“f‘“f’ s A %1 20% Fheips Dodge a2sc.. ’ 5 6 N - b (12) . g changed to 1 cent Jower, Provisions Reserve svstem. Such calls have been | Bkivn Union Gas(5) "':: “\‘:': :‘“‘ r"; “)’ 2 384 23 FPhilaCo 6% pf (3).. 2 394 38%8 39 | 30% Univ Bio 1stpe.. 3 3 3 ., were about steady gent out twice before, one for June | & Brown Shoe (3). ... 591 F . > ptSRE DL O . 2 2 Phila Rap Tr (k). g R ta Univ Pipe & Kad... p g - oiand gtnepcther for, Dsbember a1, e . 6 ! : a 9 1 % Phila & Read C & 1. 2% 24 2 | 193 12 UnivPipe& Radpf 2 i g “."Zfr - % U s Frie.. . g i B3y P 0! . - ot 1934 condition. The surety agency’s i of 2 | - el st Al call affects about 7,800 non-member | gq 21, Buevrue Erie pf (2) ) (o HallWF I'rmr"n_n. B 4 4 A 3 55 Phoenix Hos pf 3'g, 111 Vanadium Corp g 4 13 o CORN— insured banks. 54 31 Budd (RG) Mfg... e I Hanna (M A)pt(7). 8 107 1€ % Pierce Oil.... X 114 Van Raaite... 200 20 203 8eot, e Baltimore reported today that a call | 2 2 Rudd (E G) Mfg pf. 3 3 . Eea e 2 e Flerce Pateoleion o 51 VaCar Chsmfoal ke e | Dec for statements of condition by State L Budd Whee) avana Elec Ry Pitts Coal T Car Ch ‘ot 3 2 OATS - i 32 3% es Body. . . T om 6% DI 23 214 L banks and trust companies as of ”;““‘"';:: Y v : y 2™ Haser Atins Gl 67 i, su e SCY:::‘B&"“ EL& Pwpt (8).. S0s 1013 101 J 9 was iss v E = s Bros 3 el i ittsh'g s = s;:;gz" “sflr;t‘e g;:fi“f:,fl;’f«mfl x’r; s 105 Buer AU B 0ES 25 ;{:,‘;}Tl.f;\}f,,' :;:c)) 612 Plymouth O1l. 13 Wabash pf (A) (d). 3 i b 1 Bush Te: inal (d), 2 Y A Maryland. 0 e oMb ; Hereules Pw (13) ... 2" 's Walgreen Co (1.20) 3 > 10 Bush Term Bpte > Pw (13 Lt Mutual savings banks in the State 11% Byers (A M. 2 Hercules Eipeti) Warner Bros Pic. ... will make their semi-annual TEPOTtS, | em——————— L‘:Jrl;-“” F”rjfr;;:% : + i Pressed Wirtier Eros Plapt 2., as required by law, on the same dav, 13 Callahan Zine. Houd-Hersh A 2% 3 | P }:roc:( Warren Bros 3 he said. The call allows 10 days for "v, Calumet & Hecla E o s 3 roc & 2 | - Warren Fdy4 filing the reports, 201 713 Campbell- Wy (a20e) Howoste ‘;;i;"% > . > 39 Pub Sve : R o Wells Fargo 4 . Can Dry G A (40c). 4 i 7 B 2% Pub § 5 2 9 + 3 Wesson O&S (150¢). A tes Hi Mrs. Hobs Houston Oil....... - e S SUORIALES BIORIE s Voeon u-. Canadian Pacific. Homston Ollcow 2 2 4 L 5 1 2 WessonO&SpI4.. Mrs, Carrie A. Hobson, one of the 30 Cannon Mill® (2)... * Howe Sound (3)- ] L () 3 % 11 1 E West Pa Elec (T) A 4008 T - : E tellers in the McLachlen Bankinz| 9 4% Capital Admin (A). Hudson & Manhat, i 23 e HLSEe o 4 ; 6 8 Mest e Monris) L S 16 Corp.. retired yesterday afternoon after R 6t Hudson & Man pf. Mg i ; i S ol ; Chicago Cash Market. 38 years of continuous connection with 8315 Case (3 1) pf (4)... 1508 102 e : : 0 O 95 6 6= ‘a 5's Western Maryland. 101 7 Cash wheat, No. 2 hard, 99: No. 2 the bank. She concluded active serv- 2615 Caterpillar Tr(1). 19 41 5 : : : : | 3% 20% Western Union..... 1 % 34 hexd weeylly: 08 cirn) Mo 3 yellow: ice at her own request and will now 191, Celanese Corp...... 33 2 2 o 2 2. Westingh'se A B 50¢ b E 3 . 82%: No. 4 vellow, R1'-; oats. ample 413 I1linots Central.... receive a well deserved pension 1% Celotex Co vte (d)ee 1 ' Cel Westingh'se Elec... 167 . 5 41 Chl.. e She was paid a special tribute by | B83% 11 Celotex Copf (d)... 308 233 Indins Hayon CLeRN 4 Radio Corporation.. | 108 Westh'se 15t pf 3% . 208 mixed, 32'z: No. 1 white, 30a3914; no C: 60 Ingersoll-Rand (2). 0 3 \ 2 & . rye: no buckwheat: sov beans, No. 2 President Lanier P. McLachlen and | 28 fi: :_:;‘:c‘di"}‘,':!;;'f'z', = 46 Inland Steel (2)...v gsu Efl:‘:,‘é‘;’;"p:’,fifi'* 4 i - % Wasiacoonieey - 1 - vellow, 78, nominal net track countrv other nffirmis of t{\? !bflnk md» Dg:- 53 Coratnitean Rl 2408 2% ll::r‘i_r::g?g:r“!:"er- 1% Radio-Keith-Or(d) . 13 1313 White R’k M § 1.40, stations; barley, feed, 45a50; malting, gented with a copy of a commenda- 37% Ches & Ohio (2.80). 32 % e e TT (0D s 16's Raybestos-Man (1). 8 2 White Sewing Mch. 1 % | 60a1.00; timothy seed per hundred- tory resolution passed at the last meet- 36 Chesapeake Corp(3) 10 297 Reading (2).. 3 Wilson & Co 5c). 5 5 5 | weight, 5.75: new crop, 525; clover - Intercontl Rubbher.. ~ . ng of the rd of directors. The “hi v 2 , Reading 2d pf WooIWorth (1.40).o i 2 3 e ing board of 1% Chi GtWestn pf(d). 2 Int Agrieultural. .. 314 Real Silk Hoslery s - Wrigley W ir (13) - | seed, per hundre'd“flgh , 13.25a18.25, resolutions expressed the appreciation 1, Chi Mil StP&Pac pf. 3 : g : et of the bank officials for the splendid 1% Chi & Northwest... 18 1t . . ; i;“'(é_"':r‘mls‘cl’;'wu 1 Reis moberg..d - = e ) Siverseil Grale. Mistes gervice Mrs. Hobson had rendered the 4'x Chi & Northwest of. 3 37 E 3 2 2974 Int Cement (1)..... "il ;‘:::::::::R‘]:! ;’g _ 2 3 17% g:l:fl&; !«):“x:l: « v:) 1 s IVERPOOL July P —Wheat St~ bank during such a long period. 4% Ohi Eneumatic Tool ol o Int Harvester (60¢) . = i o : 2 fes Closed eass e Emploves of the McLachlen Bank IR T e e 7 Int Hydro Elec (A). 4 * Republic Steel : 21 13 Youngsiown S&T.. ; 7 b High ; presented her with a purse of money St atiasce * ; 5 36 18 Jnc Merch Madng. o 284 Republic Steel pf... —_— e which they asked Mrs, Hobson to use 31 Chtyules Cord (11)- " o "’r““ ‘F":[\rr ;:‘pw fci 28 Repub Steel pf cod.. ¢ 2l 1'a Zenith Radio....e. % 4 2 [\‘x';f:m o in taking a vacation trip. One of the | © 20 City Ice & Fuel (2). 9 2013 20w 2 Int Paper & Pw pf.. (l]-h Roynr:_lld.‘w :Ael;\inl) 4'n 2% Zonite Froducts.... 11 3 | Fxchange 485 comparatively few woman tellers in| s-r City lce & F pf 6%. g 24 2 Int Print Ink (1)... 101 ReynldsMet pf §4.. 0 Approximate Sales of Stocks on the N. Y. Stock Emehange. L Washington, she has always displayed 5 % Clark Equip (80c). 1 514 085 Int Print Ink pf (6) - 124 Hayuolds S (Lefe]y E 11:00 AM 390,000 12:00 Noof 560,000 BALTIMONE paf ST 0B ce. wheat unusual ability and accuracy in her qf,l‘ Clev Grarh l;\r;vu. % 29 IntSait (134) work. She was born and has always 126" 112’5 Clustt Peb pf (7). 12 1251 4] Int Shoe (2). 431 Reynolds Tob B (3) 4 1:00 P.Mueoooo o, 830,000 2:00 P.M.... .. 930,000 [No. 2 red Winter. garlickv. spo: dom AT 53% Coca-Cola (A)(3) Int Silver.. 217 Roan Antelope Ltd,, 1y Total sales for the day, 1,200,000 85, Julv, 0 (nominal), lived in the Capital and has one son. | jg, 1514 Colgate-P-P (50¢).. Tt Rlivarpet () 2913 Roy” .35 3-10c. s Roy I DibLisiEIle %[ Dividend rates as given In_the above_table_are_the an She will be missed by the bank's pa- | 10515101 Colzate-P-Ppt (6)s oo Int Tl & Tel. B B T TR trons, so many of whom know her | 19% 9 Collins& Alkman.. g 4 Iniersiate De: 1131 1048 Safeway Strs pf (8) 110% 110% —21 | declarations. New York Cotton : 1 11415 110 - Sateway Strepf (1) 408 114 1131 114 - 4 3| __ SUNIt of trading less than 100 shares. yAnnual rate pius personally. ;,g 69% r:nmn,g Alk ot (T) 9 9 11% 51. Intertype (a.l)c)A.. 21% 10% St Joseph Ld (40¢). 718 1T 17% extra. iAccumulated dividends. aPaid this year. bPaid last Trading Lively on Exchange. 28% 5 ColoF&Ipf (d). ————————— 3% Col Gas & Elec. o | 60 49 Jewel Tea (3) s St L-San Fran (d) 1 % o L i' d“d‘(‘;::xgnmu Teported in receivership or being reorganized. | By the Associate i Press. Trading was lively on the Washing- 2519 Col G & E pf A (6 +3 87% 38% Johns-Manv ( &) ¢ ~ NEW l\;ofil\[, ‘;\11.\;1 2 —Ai’hfl' hold- ton Stock Exchange again today in| 63 31 ColG&EpfB(5).. 7 : s&Laugh 1% pf ; 2 G ing quiet but steady during the morn- both bonds and stocks. Capital Trac- | 69% 2414 Colum Picvte (t1) 69% 6 69 w RIBBON CONCERNS —A revised plan for reorganization, of | ing, cotton became more active during tion 5s sold at 97'%. the recent high 3 67 Colum Carbon (4).. S 9 g%, 3% KansCity Southern “ ‘ CORPOR}\T[OA company has been submitted to Chair- | the late trading today when prices for the year. Washington Gas 6s,| 454 391 Comel Creait(2) - il 121 712 Kaufm'n D S(asuc) man Jones of R.F. C.; Mr. Jones|made new highs for the mavement. eries s out‘atiing, while Ana-| Lios 1125 Comel Cred'pf(5%) 20% 15% Kayser(J)& Co 606. : : A DE N planned to confer on the plan with| October sold at 11.64, with the gen- K B, came out a . while 6%% 56% Comel Inv Tr (12).. 5 2% 3% Kelly-Spring T (d) " officials of Missouri Pacific and W | v s 5 costia & Potomac River R. R. 55| 115'3111 Comel Invecv pf(6 5 o W i s 2 s s an est- | eral list showing net gains of 12 to 15 moved at 90'; L o T 19% 6 KellySTE%pf(d). 19 19 18 ern Pacific, the two controlling roads. | points. In the stock division, Capital Tran- + Comw & Southern_ . i o| 17 S KelsoyHaves (B)s 5 ] . : and representatives of the Denver | Putures closed ifzadv. 13 tn 20 hisher. eit stock ficured in three 10-zhare| 474 29% Comw & Soupf (3)., 8 ) 124 Kelvinator (1506 .s 38, 1 Agreement in New York Said to| | TRENDS AND FPROSPECTS OF bvndhwltjers within next few days. |gue _ 5 ‘“”_ eales at 18', following yesterday o ConEas Clras. R 13% Kennecott C (60e). Be First of Enforce- LEADING ORGANIZATIONS. New York Central R. R—Tt was re- | 9ciober - i “Hhig report for May showing an increase o - i d ¥ o fi% fiinnsy (‘gsRy:xC)o ot 1 gortwd(J;ss: Jones, chairman of R. F.| Januars n. in net earnings over May, 1934. 8% Cor 5 1 o 24Y : resge ese = ., stale e has discussed possibility 3 : It was announced that begining 14n &::”&5&:’3:}“%) 5 : 137103 Kreszs B85t (D) able Scope. NEW YORK, July 2—The follo%ing | with New York bankers of refunding next Saturdav. the exchange will be 157 Consol Gas N ¥ (1). 228 h (29, s3Te Rrogeb GERDE S 0% Spectal Dispatch to The Star. is today'’s summary of corporation | through a new convertible bond issue | X closed Saturdays during July and 9 72:’- Consol Ga: D;r;" zi e x 21 12 Laclede Gas St L, NEW YORK, July 2.—The rib-| news, prepared by Standard Statistics | the roughly $63.000.000 in bank loans Cottonseed Ol 1 Consol Laundries. .. 2814 24 Lambert Co (3). bon manufacturers of America have | Co, Inc., New York: of company and the $27.500,000 debt| Bleachable cottonseed oil futures achieved the distinction of being st ypiteq Ajr Lines Transport Corp— | the road owes the R. F. C.; R. F. C.|closed irregular. September, 9.98b; under the wire with an enforceable D is extending the notes of the Central | October, 10.00b: December, 9.95-9.97; August. 613 Consol Oil. 84 & > 127 8% Lee Rub&Tire (50c) Bankers Back From Rutgers. 3% Consol Textlie 1 . S Sl B Passengers carried by the United Alr* a= | = agreement—or “voluntary” code., maturing between now and August 1,|January, 9.97b, Sales, 62 contracts. Lines during five months ended Mly‘ amounting to $15.600,000, only to Oc- | b Bid. * 81, Container Corp (A). % 97 hington bankers attend- 11's 5 Lehigh Valley R R« The six ashing 2’ Contatner Corp (B): 80! 674 Lehman C (12.40).a R 1 The agreemen e form of & 3) 1935, amounted to 61473, com- | {oher 1 1935, in view of possibi i | ' 3 ibility of legal, binding contract, and it is said | pared with 53,495 in like 1934 period. | jsuance of a refunding p::nfl xszue: Liverpool Quotations. Motors (1).... Motors pf (5), tInk 1.69. Print Ink pf (6} Servi 1) T+ 00+ 0 TERRE. s [ Ehemavona +|4a|‘;‘¢ |4H*I||I - © S D120 M O 0008~ D A D 011 = 0 A S %) s %) PI+100 0+ +++1 4+ rTEEFE L L + - L4410 ) FEFS ing the graduate school of banking 7 5 Contl Baking (A). e e s ok contEsEEE (B T LrosFora G120, their desks today and will continue 461, Contl Baking pt (4) : " M e n the ‘work by correspondence during| #5% €2N CondlCARZam... 26 ] 11315 93% Ligg & Myers B(14) :-F:m:::;ihgi xr ,fi:‘;‘{,‘::fn“;, ’2; Midland Steel Products ‘Co.—Com- | company has restored its own pension | | LIVFRPOOL. July & (m_ Cotton, 7000 the next year, They are Howard F. o Contl Dia 1“20 c). 2 % 10 191, 16y Lily Tulip Cup(13%) hours of work per week for employes, pany closed a contract with Chrysler | system, suspended July 31, 1934, be- | increased demand: prices 3 points Meher Stokes. George M. Fisher, Ralph Endi- 4 28% Contl Ins (11.20)... £ - 304 2413 13'; Lima Locomotive "| Corp. for approximately $6.000.000 | cause of Federal retirement act, which | 2Uglations, in pence, American strict enod cott, Nelson B. ONeal, H. T. Bisselle | ,3* it GO 010057 é . 245 1244 Llguic Caso (11) minimum wages, the elimination of | C04h feaccic frames for 1936; work | subsequently was found unconstitus | midgine. A o4: miAdling. 6 8. sirict Inw L 3 el (Al c S - . 6.04: o and R. Earle Haycock. All are most| {8, {1u Corn Bx BRAT (3) 650 Herlhelelil e child Jabor and the contmuance of | ity pe started immediately on tools | tional. i i dow midding. 854 strict enthusiastic over the work and spe-| 76% 62 Corn Prod Ref (3). 11 5 g - : for all models. —_— July, 6.50. October. < 130 126 Loose-Wiles pf (7). y. eial lectures at Rutgers. 165 149 Corn Prod pf (7)... 92 18% Lorillard P (11.20). To make it a binding contract the Revere Copper & Brass, Inc.—It Was 6.1 BT . .hg; Jenusry,”6.080 Norman E. Towson, asssitant treas-| #9% 6% Cream of Wh (12) 100 124 LostmraPorct).. agreement provides for a “valuable . bmitt bid METAL MARKET. 2 e R urer in charge of the foreign depart- 12% Crosley Rad (a25e) 1% ° WLaQURer(d):i-oc .2 3 % % consideration,” which is the service S2id this company has submitted bi * the Washington Loan & £38 Crown G & 8 6L} 1415 435 La Oil Ref pf (1), rendered by the association in lining | for purchase of Baltimore Tube Co:| NEW YORK Juiy 2w —Copper auet:| U. §. TREASURY POSITION ment of the Washingt 314 Crown Zelleb'k vtc, e total assets of the latter as of Decem- | lectralstic spot avd future. = 00 export. . ‘ ho has been away for a - 19 10% Louisv GEE(A)1%. up signatories representing an effec- 7.35a7.40. Tin steadier .spot and nearby. | By the Associated Press. Trust Co., who has e 14 Crucible Steel....qo : ber 31, 1934, were $6,254,808, 51.80a51.90; future, 51.25a51.35. Iron month on & trip to Mexico City. leav- 47% Crucible Steel pf. .« 476 0 Tooeve st 3 tve percentage of the industry. quiet.” unchanged. Lead steady; spot. New | The position of the Treasurs on Juns ing there on the day of the attempt- 55 Cubelco - p 18% 12% Ludium Steel 5 Those found guilty of violations of | _ Chicago & Northwestern Ry.—Vice | Yok, 4008410 East St Lt 3 8583.00 ?.’L.?"m'l“‘fi" Hfl:)b iL28 ! xpend;. ed bombing of the American Em- 5% Cuban-Am sun-r‘ a o & S ) G B ason, BLUNL bassy, lesk toda 40% Cuban-Am Sug of.. The ;:um :;xdm!s:xghmge e WEd0 s Culaiy e %) = urtis shing. . mission has adopted a rule inder the 89% Curtis Pub pf (1), w securities act which permits a regis- 2 Curtiss Wright...a trant to incoporate by reference in 6% Curtiss Wright (A). its registration statement any finan-| 22 16 Cutler Hammer ... cial report which it has filed With | s ————————— the commission as a part of a previous 8% 6 Davega StoreS....s wsgistration statement, 81 22% Deere & Co Py T 28 MeCall Corp (2)..s : the labor provisions contract must| President x.yu;n;.:inm.::‘::::j 5 Aiminim, 18 00a22.00 ‘anti- | 845 30, Customs "Fecelpts for T4 McCrory Stores(d) . pay the costs of arbitration, together | =/ Wil T o ihan 90 days for s mce\nu for the fscal vear (singe July 614 McCrory Strs B(d) . with damages of 50 cents per excess 1) $1.800,467,201; nditures. 36% Mclntyre Porcu (2) hour per employe. Violation of the iarge institutional investors to accept 825,165 llncludmlz B s'l 854 590 530 of 90 McKeesport T P (4) minimum wage provision calls for the | its Proposals for a plan of reorganiza- MONEY MARKET. - Baa 5% McKesson & Rob. .| payment of twice the difference by tion; if investors do not accept in ORE. 2 32 McKesson & Rob D ; . those who are found guilty by arhi- 815 McLellan Stores. .. wn will be | steads: 60-90 days. ! 4-6 months, | 85% McLellan Stores pf. : tration, together with the costs of | 10 & real scaling down of debt will be sfeage, 0-60 Baxs, o RTEIE Sl MO0 | gateiash vear’ “$a¥ e g2 18% Mack Truck (1).... arbitration. ‘l”m‘ — o nkes hooe! r-r;‘:es u;:;:tm'.&: ‘u': 3 n!‘l‘ b‘mn $2 80% Macy (R H)&Co(2) 7 (Copwrizht, 1988. Denver & Rio Grande Western R. R. | 1ioper tane 2o New ¥ork Rese: - e ] time, it was said, a drastic plan calling | . Ew TORK. July & im.—Call money {] o No alfwne A ” + A A