Evening Star Newspaper, March 29, 1937, Page 14

FINANCI1AL. A14 i FINANCIAL. Stock Averages e T B 1 a . B-RoooD +1 LI+ T4+ + +1 @ Talmarm (Complled by the Assoclated Press.) (B o 41 - 0 =10 50 20 D IO 00 B 1S e IO S I+14++1411 @ ) _l“ o amrnonmaowadl amn = ' - Ay 284 Evans Prod (11) .. 5 Exchange Buffet _. > 3 MAL NN E e E AN e 2 3 ST Qo S OPQUr oy e 0 > It R - B PO OIS 15 0 e O A O R D 1D o =S & Er =TT r =gt +4+ 1 rEx £ry * FEEE+ FEFIEFFFEL SR +1 (o R I 6 s s g ,\ P O STt TSP IO oy FlAHA E ES S | e o] o {8 |II+I+L+4 ll+:‘-__| 2:15 p.m. 2:15p.m. 2:16 p.m. Prev 1037 Stock and Sales— l;l;nh. law Abbledend Rate. Add 00. 5 b ott Lab (11.60)- 1 814 Cons Coal(Del)vte. 19 28% 22% Lorillard P (11.20). 16 24% 24% 24% + %| 46 40 Safeway Stores(t2) 5 40% 804 63% Acme Steel (4) _ 2 76 83 _Cons Coal Del viopt 90¢ 147% 139% Lorillird P pf (7)__ 108 139% 1394 139 103 9714 Sateway Stra pt(s). 208 108" 1025 103 23, Aazance SRS 123;/: Zontipskinw e 36 33% MacAndrew&F (12). 33u 33% 11% 6% StL-SanFrpf (d). 3 9% Trend Generally Downward Y% eductio - % Contl Can (3) 3014 McCall Corp (2) . 31% B81% 51% 423 Schenley Dist(b75c) 20 49% - $890,690, Compared to A : - at Close—Wagner Rul- $862,841 Year AQO. 431 Alleg pf ww $30 40% Contl Oil De 3 Dt W 4 Contl Ofl Del (11)__ 4014 McKeesp't Tin new 814 6 Seaboard ALDf(d). 3 T4 41% Alleg Corp prpf____ 26% Contl Steel (b50c)_. 82 e 49% 40% Seaboard Of1 (1) .. 28 49 February totaled $890.690, against the 631 Allis-Chalm (b30c) 56% 46 G 2 3 4 5 ‘rane Co ._ 53% 50% M R H) (t 14 10% Sharpe & Dohme 30 16 18 60 Jower figure of $862,841 in the like = Alpha Port Cmt (1)- 3 100% 74% Crown Cork & S(2) 81 ey Sq)ccsZJcL 17% 16% Shattack B G (806)- Indust. Rails. UtiL. Stks. compared with $181,100 in February, % 280 Am Bank Note (11). 14% 10 Cuban-Am Sugar 1% Man El md gtd (d) 53% 42 Skelly Ol 5 Month ago-. 982 430 50.3 723 39% Cudahy Pkg (23%)_ 40% — Manhat Shirt (1) 197 85 Sloss-Sheffleld Stl_ Year 824 355 476 620 Commission. 1 AmCan (t4) _____ 8% 64 Curtis Wright Operating expenses called for $628,- 153 Am Can pf (7)_____. 5| 23% 19% Curtis W(A) a50c__ 20% Market St Ry pf__ 6% 4% South Am G & P (30c 81 14 Market St Ry 2d pf_ 7408 6% 4214 34 South Port Sug(i2) 1936 734 30.2 434 55.7 1 g - 13% Am Colortype __ % | 135% 104% Deere & C come of $180,865. Interest deduction: 26 O Ee e took $18,646, against $14,033 a yems— by Amcomeli ablo o : 29 * 22 Delsel-Wem-G(f1)_ 234 23% Masonite (1) 5 Southern Ry i) . 51% 51l Mathieson Alk(134) Southern Ry pf. T/ Am & Foreign Pwr_ 76 61 Devoe & Rey A(13)_ BY VICTOR EUBANK, 1,178 telephones. 56% Am & For Pw $7 pf_ 36% 30% Diamond Mth (b50c) 30% 30% Melville Shoe (15) % Sparks-Withing Tl Associated Press Financia: Writer. In the first two months of 1937 18 29 26M 26% Mengel Co __ Sperry Corp vtc(al) 21% Am Hide & L pf (3)- 7% 60'% Douglas Aircraft 8% 6% Dunhill Internatl 6% 6% Midld S < 2 Square D (B) b25c . 45Y trends generall. inted downward. the report to the commission added. 22 Am Lce 175 15% 15% 15% .\nmf’.uffl.fé?f,if’ 20; 7 Stand Bra(nd)s(vs(fc) 36 15 A T Operating revenues totaled $1,816,746, 174 Am Ice pf (2) - 3 Mostiiraders sloodjaside awaline & 175% 159 Eastman Kodak(6) 163% 16235 163% + Mo Kans & Tex pf A Stand Gas & El (d)_ Sainst §1219.538 Tasas wose higher e 163 159 Kastman Kod pf(6). 30s 158 158 158 Mo Pacific (d) Stand G&E $4 pf(d) Al R0 H Nawt Dl easinas ak the this year, leaving a mnet operating ‘Am Power & Light._.. “|rallway labor and Frazier-Lempke 38'3 Elec Auto Lit 12.40__ 5 39% Montg Ward (12) . 26 Stand Oil Ind (t1) : 111 Elec Auto Ltpf(7)_ 508 1115 Morris & Esx (37)- 1008 Stand Oil N J (1) year. Usual interest deductions called Z:‘f“ ’:: é{;f‘i;\nngl'}fio' 3 « | failed to get excited. for $37,571, against $28.897, leaving a Ans = A% The turnover of around 900,000 ElecPw&Lt$6pf.. 3 73 72 12 % 31 Mullins B (a50c) Stone & Web(a25c) - 3] P 6 e t Ty D Smelvamsta) Elec Pw & Lt §7 pf 911 Mullins pf ( Studebaker Corp 105 Am Sm & Ref pf(6). S ' Exchange Business Grows. m Sm & Ref pt(6) 1% Elk Horn Coal (d)__ ws Murphy G C +1% | notwithstanding this week's mill op- e oo — ' | erations were up 1.1 points at 90.7 per Sweets Co of Am 15;:‘1 2:‘1 ;E{)& Tel 59) 13% Natl Aviation (al) .. cording to reports made to the Se- JoaE Bobacto (b) 29% Natl Biscuit (1.60) _ curities and Exchange Commission. | j5015 19281, Am Tobacco Pt (6)_. scored new post-depression peak: Cash wheat at Chicago went above 53y Fajardo Sug Co (b1) Natl Dairy pf B (7). 117 Tenn Corp (alsc)-. The dollar value of all stock sales| 79 64 Am Woolen pf (b1)- 22 S Eedoral Lt & Trac - NaflDeptstra pr.- 50% Texas Corp (2) on the exchange in February was 1% 1 Am Writ Paper (d)_ 35 to 1, advanced. Rubber futures 3 topped 261, cents a pound, the best 4% Fed Water Svc A atl Mall & S C hioe 11'; Texas P L T (al0c). ‘Anaconda Cop (11) 405 EideliEHosnlx 1 1,129 shares changed hands in com- Thompson Pr bi0c - Rubber, American Telephone, Ker Archer-D-M pf(7) _ B Elorsheim & (2) of the senior securities totaled $86,763 : = Y Central S 9 6 5 5078 2875 22 Timken Detroit t1 2 ehpl L n onal P; & Powi e- : Armstrong Cork(2). 70'% Franklin S pf(a5%) 3 International Paper er pr of all sales on the exchange in Febru- T Dook e s el Iran et n et Assoc Dry Goods 4 14 105 Gannett cv pf (6) Y NH & H pf (d) - 3 2 75 33% 20th Cent Fox b0c_ United States Steel, Bethlehem, Re= notable pick-up for the shortest | 104™ 1001, Ateh T & § F PL(E) - 70% Gen Am Trans (a3). 5 Y Shipbuilding 26% 167 Twin Coach (a1.40) Ward, Sears Roebuck, Boeing, United data the dollar value of sales on all At1 G & W I pf(ad)_ 2573 Gen Cable. : Norf & W pt (4) . 241x Unfon Oil Calit (1)- Light, Anaconda, American Smelting, en increase of 0.2 per cent over Feb- 3480 GenlGlgdupti(1) 27% Utd Aircraft(as0c)- 30% 30 Pullman, Pressed Steel Car, American since the first figures were compiled Austin 21 Gen Gas & Elec(A)- ! ) : a2 2 Oliver Farm Equip. ¢ " 79 Utd Carbon (4) Automotive issues were indifferent than in the previous month. 7ix Baldwin asd (d) E 1228117 Gen Motors pf (5) J Otis Steel 181 Utd Dyewood (1) . Barber Co (aT5¢) Al Cen TubRenyica ¢ Earle M. Amick of the Riggs National 34 el 23 19% Pac Am Fish (1.20) 14 Utd Gas Imp (1) CI'"CAGO GRAIN 16% Bayuk Cigar 175¢c 731 Gen Steel Cast pf___ 5 % | 533 4315 Pac Lighting (3) 5 ! “| 24% 17 US&FornSecur were al ’ s 1018 Beatrice pf ww (5)_. all enthusiastic over the two-day " D wheat sold in Chicago today above 1.50, 29% 2014 Gimbel Bros = il st ol G 73 Bethlehem (all4)__ &and public relations and preservation i . | actionary trend from the day's top 8% 6% Goebel Brew (f20c)_ St Really Production credit organizations and 22% Blaw Knox (b20c) . 133 10% Gotham Silk Hose__ e alRe T anal mestic crop territory. On the other on governmental compeition. 41% Bon Ami (B) (213) 3813 G ite City St 2 e 38% Granite City Stl(1) &Ford(13)_. 2 554 b3 % 1K Vadico Selos Corg.s against 47,201,000 a year ago. president of the Wachovia Bank & 15% Brideept Brea(Gto: 34 Green H L (11.60)_. 2 5 = o e 1 14% Greyhound (80c)_. Renn GlSd coablice Sl 2 64% 54' Va-Car Chem 6% pf 3 o + 3,11, advanced; May, 1187g-1.19; tice, rather than the disruption of the 40 Bklyn-Man Tr (4)_. : corporate fiduciary business. 6145 Bklyn & Queens ___ y 3 il 18% 9 Wabash pf (A)(d)_ MW?HEAT— 4 20% Brunswick-Balke 27 Hamilton Wth b25¢c. iy egainst conducting personal loan de- 19% Bucyrus-Erie_ 50% Harb-Walker (12) _ 52 Phila Co 6% pf (3)- d partments in commercial banks in e e : 49% 45% Walker (H) (2) 5 = 19% 19% Walker (H) pf (1)_. 2?“ guyard‘f‘!)i&;‘)“ - 15% 13% Hecker Prod (60c) . ulova Watcl < i ; brokers. 2 39% 313 Hercules Motor(11) 16% PlercoOllpt-. - 108 Wik B ot T seriously question,” Mr. Robertson 2 o v 1 Warner-Quinlan(d) 29V Butler pf (1%) . ] 120% 106 Holland Fur pf(5) 5% Butte Cop & Z(a5¢)_ 7 30% 21 Hollander & Son(1). 122 103 Pitts Steel pt. 16 Wouson DES (1508) regard such operations as being far 8% 3% Pitts United 5 109 103 West Penn sl(pz(g) 30; 1041, out of the ‘three ball’ or ‘loan shark i V : 23 Callahan Zinc-Lead 5 901 62% Howe Sound (13) 31, 25% Poor & Co (B) ___. 15 Calumet&Hecla (1) 5% 4 Hudson & Manhat_ 11% 714 Porto R Am Tob A_. Qe b s of the District Bankers' Association 14 Canadian Pacifi 65% 551 Proctor & Gam(12) will be elected at the March meeting il A 38 221 Illinois Central _ Japobis Broctor & Gam(ne) - 26 Weston El Inst a85c D2jeIcanon AL SULEOC) 224 12% Indian Refin (al) 11816 11435 Proc & Gamb pE(5)C “5"1 311 Westvaco 5%pf 114 fill vacanc'es. These members have 26% Celanese (b75¢) 24% 19'% Pure Oil 7 204 £ ¥ ; s h > Be)liie ! L 19% ; 4 v DL |red, 1.48; No. 1 hard, 1.50a150%; already becn placed in nomination: 334 Cent Aguire (11%)_ 3 ‘o S S ) 112% 108 Pure Oil 8% pf _ 1108 PlEwhiteSeving Mach {No. 2 hard, 146; No. 3 hard, 147%. 6/ 0 Union Trust Co; John M. Boteler, | 14 1;2}: %5::33 %g{;’fl(f) SRt 11% 4% Intercontl Rubber__ 12% 10% Radio Corp = 11 341, Worthington Pump. No. 5 yellow, 1.22; No. 3 white, 1.31; National Savings & Trust Co.; Arthur o = 2814 16% Interlake Iron 80 76% Radio pf A @) W 6% 81 Worth Pump pf(A). 240- 107% No. 3 white, 1.29a1.29',; No. 4 white, E. Keene, Second National. There may | go 67 % Certain-teed b P (6)- % B5 chhar nortostions itrom ¢ ; ¢ —1%| 189 164 Intl Bus Mach({6)_. 47 Reading 1st pf (2) - 4T, 37% 201 Yellow Tr & Coach. 327 31% 323 : the floor. | 58% 35 Champ Paper (1) 111% 101 Intl Harvester(2%) 9% Real Silk Hosiery_ 10t 1017 751 Ygstn S&T (b750) 931, 921 9214 No. 3 white, 54!5; No. 4 white, 533, sample grade, 53!;. Soy beans—No. 2 Helen R. Sharpe will preside. 687 57% Ches & Ohio 12.80 + 13 v " 2 % 6% Intl Mercantile M 29% 21 Rem-Rand (160c)_ ty, 73; feed, 70a74, nominal; malt- Security A 4% 2% Chi & East 1l (d) ; Approximate Sales of Stocks on the N. Y. Stock Exchange, | musty. 73; feed, 70a74, : ecurity Act Helps Agents. 18% 141 Intl Mining (as0c) 9% 5 Reo Motor Car _ ‘;fvoop M 10060 100N 8S- | ing, 1.0081.30, nominal. Timothy seed, increased the urge and the market for | 18y 13% Chi Gt Wst r 3 t of (d) 5 t1 P: B 4 life insurance, R. M. Plake, general | 32 28y Chi Mall Ord t1% O s o 3 441 e el g ety : ‘| casn, payments based on the Intest duaricris or hail-searly dec- 24ONE0nit of trading less than 100 shares. {Annual rate said today on his return from Min- | 6% 3%ChHM&NW (d) .. 10 8 IntlRyCentAm 58 50% Rey: | 2 Srard : d = 5 ynolds TobB (3). 5 neapolis, Where he attended the an- | 492 1% Ch&N Wt (@) 57% 48 IntlRyCAmpfA_ & X Ex dividend. company’s managers and general | 8y, 5% Chi RI&P 6% pf(d). GRAY cLOTH PRICES a basis of 12 cents for the Southern | WOQL DEMAND WIDENS agents 2214 181 Chicasha Cot Ofl by TN TatliTel el g H ki 291 Interstat Dp St b2% DISPLAY FIRMNESS ‘“C‘d“’g‘% movement "5‘ c;’:::nexd"?t:; BY the Assoctated Press. sndichilren 8 Eameny oo BOSTON, March 29 (United States Prev 1937 Stock and Bales— Net Prev 1937 Stock and Bales— Net Prev 1037 Btock and E Net High. Low. Dividend Rate. Add %0 H;th Low. CIon chge. | High. Low. Dividend Rate. Add 00. High, Low. Olose. chge. | High. Low. Dividend Rate. Add 00. High, Low. Close. chge. Ta T 22% 16 Adams Exp (a550)_. 20% Container Corp 1.20. 4| 28% 19% Louls G&E pf A 21% 20% 113 110 Safeway Strs pf(7). 130s 110% 110% 110% 247% Adams Millis (b1) __ 27% Contl Baking (A) 99 88% Louis & Nash b2 92 91 -3 65 43% St Joseph Ld(b50c). 5 69’; 4 4 3% Alr-Way Electric 20% Contl Diamond (2) 18% S b 45% ¢ p 5 4 McCrory Stores _._ 9% 19% % 88 Scott Paper (1) . 508 41% 14% Alaska Jun (160c)_. 38% Contl Insur (1.60)_ 2314 McGraw H P b27%4 6 241 24% % 1 Scott Paprts Mar3l. 89108 # ing Awaited Ing Awaited. BY EDWARD (O STONE 3612 Alleg Steel (b40c) 63% Corn Ex B ) Operating revenues of the Chesa- or s o8 SLEE c) - 7 Corn Ex Bank (3)_. 10e 68 45 McKess & Rb pf(3). 95% 81 Sears Roebuck (3) 16 D8 15225 Allied Chem (6) ___ 667 Corn Prod Ref (t3) 67% 16% MoLellon St (b76¢) - 34 28 Servel Inc (1) _ period a year ago. Expenses, however, | 8 7 = 471 431 Crn C&S pf xw 2% 43% 3 & s 34% 267% Shell Un Ol (a25. Net change. +.1 —.1 Unc. Unc increased. so that net income for Amerada Corp (2) .~ 24% 17 Crown Zell vtc.. 197 o ema covpen(e) 177 1215 Siiver King (5350)." Today noon- 96.7 46.3 471 716 : 2% Am Brake Sh (12)__ 6 6 43 1936, according to the monthly report ‘ S D 1% Am Bra Sh rts Ap 15 20% 17 Curtis Publishing_ 7% ¢ Maracaibo Oil Exp 29% 23 Snider Pkg (b13) _ 3 2315 2f 3% + % | | 1937 1016 495 540 753 1093 100% Curtis Pub pf (7) 100% ’ Marine Mid (140¢c) 19% 16% Socony-Vac (b25c) _ ! 1937 low_.. 94.1 37.8 468 69.1 080, in comparison with $595,758 in 56 Am Car & Foundry- < 86 80 CushmanSpf3l . 20 y + 1% February, last year. Taxes required 72 Am Chain&Cabl._. 18% 16 Davesa Stores(t1)._. 17% 4 Market St Ry pr pf_ 11008 149 So Porto R S pf(8)_ 3 1932 175 8.7 239 169 20% 207 Marshall Field 4 27 SoCal Edison t114 Y 1929 146.9 153.9 184.3 157.7 A 28'x Am Crystal Sug b2._. 58% 424 Delaware & Hudson ago. The Capital was s?r\'ed by 216,915 8% Am Encaustic 24)2 17% Del Lack & West 21% 21% 4 May Dept St (3) __. Spalding (A G) telephones in February this year, a 12715 127% Maytag Co (a50c) 14 Spalding 1st pf 3 75% 20% Am & For Pw 2d pf_ 2414 Distil Corp Seag A vaiis s ; 4 4 : YORK, March 29 —Slow cross Chesapeake & Potomac net earnings T e B 46% 874 Doehler Die Cast(2) 30801 Mengel 5% pt(214) - Spicer Mfg (a3). 314 8 sl R barely rippled the stock mar- amounted to $344332, against the| 55 87 T A Aiamlconpace - s A 15% Duplan Silk (1) 1 180% 156 Du Pont (b75¢) 1574 1574 Mission Corp (a45c) Stand Brands pf (7). 1254 125% 125! compared with $1,748,978 a year ago. 13% Am Interntl (ad0c)- ] ‘ 9 possible Supreme Court ruling on the Operating expenses were $1,269,893, LxpnpmenR b 3T 32 Eaton Mfg (12) ___ 6 33% 32% 32y Mo Pacific pf (d) __ Stand G&E $6 pf (d) income of $376,951, against $391,919. + 55% Am Pw & Lt pf (5) 1SeE LBl dngonaSehlId o ltl A MOLEWE Carp(L20) Stand G&E $7 pf(d) , | farm mortgage acts, and also declared Non-operating income was wup| 87 66 AmPw & Lt pf (6) | the Washington minimum wage law 12 Elec Boat (a60c) __ 10 Mother Ldeal2 Starrett L S(11.40)_ o - 5% Elec&Mus1 (al8c)_ b 4 Motor Wheel (1.60) _ Sterling Prod 13.80 9 231 Am Seating (a23)_ balance before dividends of $344,332, 41 Am Shipbldg (2) . T4 = ‘ | shares was the smallest for a full ses- | sion since last September. 40'% Elec Storage Bat (2) 27% Munsingw Sun Oil (1) . S 2 : Superheater Co (1)- 5713 Am Steel F (b50c). 6: t 11 Eng Public Serv 157 Murray Corp(asc). ABusmes;»on the Washington Stock Am Steel F pf (7) 7% Equitable Office B__ 17% Nash Kelv (1) Exchange in February was substan- cent of capacity, a new seven-year top, 254 Swift & Co (11.20 United States Government securities y - 301 Swift Intl Ltd (2) _ 99% 80% Am Tobacco B (5) . \: = 27 Natl Bond & In 1.44. Trading in the bond department more | 2015 16% Am Type Founders. 29% Natl Cash Reg (1) .x 14% Symington xw bl0c. than offset a slump in stock trans-| 291 227% Am Water W (80c)_ $1.50 a bushel for the first time since | 1928. Wheat futures were off 5 cent 95 Fed Lt& T pf (6) _ Texas Gulf Prasc _ 86,585, against a total value of 6% Am Writ Pap pf (d) S medaraliMotord90) Texas Gulf Sul (12) $101.302 of the issues changing own- s level in seven years. atl Pw & Lt (60c) - 11% The Fair 2 ‘Anaconda Wire (12) 32% Firestone T&R atl Ry Mex 2d pf__ 5 31 10 Thermoid Co _ Among the better performing stocks parison with the higher figure of Andes Copper . ____ 48% First Natl Strs 1,805 shares in January . i L 5 4 Thompson Starrett necott, United States Smelting, Stand- Armour(Del)pf(7) 63 Follansbee Bros(d). Newberry pf (5) 19% Tide Wat A O (60c). ard Oil of New Jersey, Texg_g Corp., otfthes i Atrnur (T b 4715 Food Machine (1) _ n February as compared with only 7 $55,205 in the previous month. The YChi&StL 65'% Timken Roller B(3) Py Al oln onsthooe 268 Freeport Sulph (1)~ ferred, American Commercial Alcohol Len 43 Gabriel Co (A) and National Distillers. ary to $173,348, while in January the A Y Investors (d)- % 9 Tri-Contl (a50c) __ g Asso D G 1st pf(6)_. 151 Gar Wood (a55¢c) 3 ¥ Gratitbis Corp. ¢ 2% 20th Cont B pf (L5 | public, General Motors, ~Chrysler, month in the year. 551: 4415 Atl Coast Line(al)_ 15% Gen Baking (160c)_. s ¢ Gen Bal o ) Y Steam pf (6) 9 E 674 4% Ulen&Co _ Aircraft, Deere, Western Union, Con- registered securities exchanges in Atl Refining (t1). 54 Gen Cable (A) N g’ [RsEe 1141 Gen Cable pf (a7)... HNopthhmiAvistion Seq Sl | 148% 126%: Union Pacific (6) _. 2! Azu. Sew Y = i Saae o), 4 D! ) orth Am Co(b30c) 99% 94 Union Pacific pf(4) 93 New York Central, Southern Pacific, wuary, 1936, slightly larger than in Atlas Tack (1) 524 Gen Electric (bi0c). orwalk Tire & R 2 5 | 244 20 Utd AtrLi 20 Can, Westinghouse, General Electric T - ¢ bk | r Lines a20c. an, : i in October, 1934. Total business on | » 89% Austin Nich pf (11)- the Baltimore and Richmond ex- 6% Aviation Corp Del__ 657 60 Gen Mills (3) _____ 6Y% Utd © 200) | 124 117% Gen Mills pf (6 - Omnibus Corp vte . “ orp (a20c)._. et - 7 s pf (6) Oppeabelin Colline. 411 Utd Corp pf (2)_ throughout as negoua('lll)n.s for fldr;;al 881 Baldwin pf asd(d)-. peace terms in the Chrysler union dis: Bank Conference Lauded. 5 Baltimore & Ohfo __ 15% 12% Gen Outdoor Adv Outboard M (b30¢ 7% Utd Elec Coal V. i v 19 17% G Print Ink - utboard ( c)- T lec Coa. Robert V. Fleming, Hilleary G. e e 4615 Utd Eng & Fy (12) Barker Bros 5% 4% Gen Realty & Util__ 3 5 bacif Bank were back in the financial dis- T A fract (as% S S0 Ear cibodzd BY the Associated Press trict today after attendin i : 3 nding the regional & 2 £ : i 3 1 4 CHICAGO, March 29 —For the first 8% 251 dGen Thea B (b5C) - £ 4475 34% Pac Mills (b50c) 35% 3 7 U 20% 15% Gillette S Raz (t1)_. : 29" 221 Pao West OIl(a650). o7 7 S LIRS Conerin (1) < A 5 2 17 U S Hoffman._ ‘program. 13 Belding Hemin (1).. According to dispatches govern- 2biBbndIx Avin(base) o but brisk profit taking more than 511 43% Glidden Co (2) - P, R pf TS wiped out advances. 584 5414 Glidden cv pf(2%) guhandle LRy 13% ¥ S Leather(A)vte_ 18% Beth 5% pt (1) 4 = Parafline Co (b1) . 60 U S Pipe & Fdry(3). of trust business in banks dominated 5 120% Bethlehem pf (7) . o 50% 81 Goodrich(BF)(al). i | prices for wheat were reports of bene- 47% 27% Goodyear (b50c) . Parke Davis (b1)__ ficial snowfalls in the dust bowl region Federal savings and loan associations 2B Ploominedilebiasc : 33% Boeing Airplane 5180 Cotham il o “ raham-Paige ___ P, o 3 = hand, the United States wheat visible £ 24 - Pathe Film Corp __ Unit Stk Yds (50¢)_ 7 6% Grandby Cons xrts _ y E ved decre: of . Arguing ag:ufuu the proposal of | 28 2614 Borden Co (1.60)___ Patino Mines(#60c) 6% Utd Stores (A) supply total showed a ase disassociation of trust functions from | 72' Borg-Warner (4)__. 40% Grt Northern pf ___ Pen vJC)(4) Vi 19 Grt Northn Ore (1)- Pn e $ 2814 Vanadium Corp 341, — 1. At the close wheat was ! lower to 597 45% Briggs Mfg (12) Benninxic Gement | 415, 391 Van Raalte(b6212c) 408 5 405 1, higher than Saturday’s finish, May, Trust Co., advocated the enforcement | 2a.: 44 risgs & Sirat (3) . i Sk £ « Penn Railroad (a2)_ 7 7 Y% - A oAl 11 Greyhound pf (55¢) enn { J 115 108 VaEI& Pwpf (6) _ : Bk ‘ % Guantanamo Sug « Peoples Drug (1) 58 58% ~1| “19s, 8% Va Iron Coal&Coke_ figpi;‘isfom u‘f\ac‘!f;m;e;ffo""o e Merle E. Robertson, president of 30t Bklyn & Qns pua"i), 40 Guantanamo pf ___ r iberty N : 405 Bklyn Un Gas ( 3214 4 7 9 ’ 4 ; the Liberty National Bank & Trust 4 3214 Hackensack W b50¢ 174 EauCorp Aulagic =8 g 19% 15% Waldorf Sys(1.20). 11 Pfeiffer Brew (1.20). Y y ) 33 29 Walgreen Company - 58 t ¢ 1 I 110 Bucyrus-E pf (7) 140 129 Harb-Walker pf (6) :éxc);:w\my; as wo}t:lddpem;n the public 11% Budd (EG) Mfg 12 17% 15 Hat Corp of Am 80c. 1% Phila & Read C& I 18% 11% Walworth Co ciate sucl i 4 TR epartments with 71% Philip Morris (b3 %) 50% 42 Ward Baking (A)--. g% gur;:}rdd Md(sk?‘it)'l)_. : 67% 60 Hershey Choc (13)_ i ush Term deb (d)_ jtts « £aid, “whether the public has sufficient o[BS D2 Hexahev(OhIpEOIDS e 6% Warren Bros (d) . __ understanding of personal loan de- 3 3514 Warren Fdy&P (1) gz Byers 22 mr 5 4| 43% 31% Holly Sugar (12) yers (A M) pf_ 429 355 Homestake (112) 3113 Pitts & W Va. ool ! S SiEne o 113 8% Western Maryland—. 2 10% SS 21 Western Pacific. . __ 1 4y Bankers to Hold Election. 30% Campbell Wy (t1)_ : 23y 18% Hudson Motor-. 31% 254 Pressed Steel Car 1673 1354 Westingh'se Bl (b1) this evening in the board room of the o 5 2 Chicago Cash Market. 116 Case(J 1)Co pf(1)_ 401 36% Indus Rayon (2) IR sds S EUDISVON TG0 5 38 Wheeling Steel - o Charles K. West, Security Savings 8% Central Foundry 5% Ins ShMd ct (a200). 23% 18% Purity Bak (60c) 2013 8% Wilson & Co (506) - | Corn—No. 4 mixed, 1.22'%; No. 3 yel~ 67% Cerro de Pasco (4)_. 2 o8 I P. Miller, Liberty National, and Gerald | 5or+ $7 Serro de Pasco (4) 8% 5 Intl Agricultural 73 Radio-Keith-Or (d). 681 Wrigley W ir (13) . 0% 12515a1.26: sample grade, 1.17a1.19. ther pl i & Further plans for the national con-| 111 109 Chamanper'nf(G)_ 162 146 Intl Harvpf (7). 274 Reis (Robt) E 5 404 33 Zenith Radio (b1)_ 35 36 e ol e Yyellow, . y—Sal 'y = 13% 67 Chi & Est 1l pf (d)_ 5 Y social t y 0c) - The social security act has greatly 73% 62% Intl Nickel (b50c) 474 2T Republic Steel o e 2:00 Noan: EToaE 80 G Ctover secdl 30,008 agent in Washington for the North- 3% 2 ChiMil St P&P (d 112% 90% Intl Paper pf - " " 95% 931 Revere Cop pt 5% . 1208 & Bal timore Quo(-uom not Including extras. aPaid last year. bPaid this year 33 23 Chi Pneumatic Tool h e ncitD standards. “New sales plans discussed at the | 15% 12%ChildsCo . _ B o AT BOSTON IN WEEK conference emphasize the stimulus to | 135% 110% Chrysler (b1%) 26% 19% Intertype Corp (1)-. 1 —_— increasi :’m:’:n;'gic::gflg"my = I8 | Department of Agriculture) —Fine do- Sales Below Output, but Many : mestic wools had a broader demand 27 Byron Jackson (11) 27% 22% Houd-Her B (11%)_ Two new members of the Executive BALTIMORE. Ma! 29 (#).—Wheat, 21% 18% City Loo & Fuel (2)- 29 25% Island Creek (2) ... 1 e . this week than last and prices tended Buyers Are Unable to Find P By Private Wire Direct to The Star. 7 Cons Textile (d) __. 109%107 ' Loose-Wiles pf(5)_. 10s 108 108 108 +1 7% Rutland R R pf__ BT |N nUlE]- TRAD'NG C. & P. February Net Hits e 31% Addressograph (1)- 3 Contl Baking (B) _. 41% 29% Ludlum Steel (t1)_. 38 37T 4% 3 StL-SanFran(d).. 2 4% 3% Alleghany Corp 2% Contl Motors____ 38 MeclIntyre Porcu(2). 39% 24 1) Seaboard AirL (d)- 15 1% sake & Potomac Telephone Co. in S pes 16'% Allied Stores (b20c) 6 Coty Inc__ 9% 42% Mack Trucks (1) . 421% 29 Sharon Stl (11.20) the month amounted to $163,805, as Am Ag Chm Del bl.. + 81% 51 Crucible Steel 5% Manat! Sug pf (d) 58 4415 Simmons Co (a3) . Prev. day... 96.6 46.4 47.1 716 filed today with the Public Utilities 6 25 Am Brake Sh pf 5%. Market St Ry % 3 113% 110 Solvay Am pf (5%) | ] 1936 i 003 435 537 728 $81,745, leaving a net operating in- 115 Am Chain & C pf5-- ; 24 20 Davega cum pf 1% - 123% 123% Martin-Parry 424 Southern Pacific 4 59 %| | 1927 low... 51.6 953 61.8 618 13 Am European Sec 1461% 125 Detroit Edison (14). net gain over the previous month of 69% 70% Mead Corp Spang Chal pf b1% _ 102 615 Am Hide & Leather_ 51 45 Dome Mines (12) f 60% 607 2 - P 251 24% ket's surface today and at the close higher figure of $363.461 a year ago, 4615 Am Home Pr 12.40- \ i e Ly 2 o 135% 131% Du Pont deb (6) 132 132 g Mo Kans & Texas Stand Com Tobac . 9 9% o Wagner labor case. The tribunal up- 237 El Paso Nat G 1.60_. 3 24% 24% Monsanto Chm (1) Stand Oil Calif (t1)_ slightly, but gross was lower than last 24% Am Radiator 160c . — 1 | constitutional, but speculative forces 21% Elec Pow & Light _. 50 23% 22% 22 E 41% Mueller Brass (11)_ Stewart-Warn f50c. in comparison with $363,481 in the asu Am Smelt & Ref(3). 4 4 2 i § 3 Steels made little or no headway 4 Superior Oil Am Sugar (2) __ 137 Erie R R N 5 tially heavier than in January, ac- ‘ e e |tilted forward. Some commodities 18% Symington ww bl0c 213 Fairbanks Copf __ 234 Natl Dairy Prd 1.20. 15 18 Talcott (J) b30c _ actions. 14% 9% Am Woolen a bushel to up as much and corn was 513 Fed Screw Works__ 1 Lead pf B (6) 131y Tex Pac C&O bl0c _ Am Zinc & ership in January. In February Dol 2 614 Third Avenue most of the day were United States A P W Paper % 40 Flintkote Co (1) s 4l 41 | 89% ez 2 - b 6 6 T 2 In the bond division the sales value ewport [nd(b30c) - 105% Tide-Wat A O pf (6) | se At o 2 aboard O1l, Santa Fe, Pennsylvania, Armour (111) pr pf 6. 43 Foster-Wheeler bond improvement brought the value Y Chi& StLpf 2 93 : 15% Transamerica t40c Artloom Corp —__ Aoy orslTsots enlle nlenusty stk 26 Gamewell Co YNH&H (d) __ 815 Truax-Traer (b25c) _ L eLermont o d 91; Atch T & S Fe(a2) . - 12% Gen Am Inv(a75c) . (Y Ontario & W __. 80% Twin CR T pf al4 Goodyear, Goodrich, Montgomery According to Exchange Commission | 29 25 Atl Gulf & Wst Ind_ 10% Gen Bronze_. & o ¢ orfolk South (d).. 3% S 111 10133 Union Carb (3 ! solidated Edison, Electric Power & February amounted to $2, 978,904, 4513 Gen Cigar (1) SRR Oeat 7 g 3 31% 26% Union Tok Car1.60- 5 2 | Baltimore & Ohio, Southern Railwa: January this year and also highest TbeD 3915 Gen Foods (2) Ohio Oil (a60c) . __. 2612 Utd Biscuit (1.60) and Du Pont changes was much lower in February 8 Baldwin Loco (d) 70% 601 Gen Motors(b25c) - 4 g Otis Elev (60c) _ 141 Utd Drug (a75c) pute continued. 1, Baltimore & Oh pf__ - 3 2%3 e o Hoskinson, Raymond G. Marx and et S ¢ Wens LB %015 Utd Fruit (13) s 70% 60% Gen Refract (a3%). 4 3 Zlec (2)_ - s Barnsdall (1) _ 3 ey % 38 3114 Pac Gas & Elec (2)_ 15% U S Distributing pf_ : 15% 15% —1 banking conference at Atlanta. They | 28% 25 Beatrice Cream t1_. time since 1928 immediate delivery 8814 8414 Gillette S R pf (5)- 101 Packard Mot (b15c) 371 U S Indus Alcohol mental competition, banking research sl Eenenolalilibaoos Adding momentum to the late re- 67 5% Gobel (Adolf) _ Paramonnt Pio Realts Ty the discussions, 9% 57 Bigelow-San b50c 141 100 Goodyear cu pf(5)-. Parker Rust (Y134)= | and other important sections of do= bore the brunt of the bankers’ attacks i1 BohnATom&BI2). 211a Grand Unlon pf (b1) 3% Ut Pw&Lt (A)(d). 9 3 11,514,000 bushels to 33,235,000 bushels, banking, Richard G. Stockton, vice | 8! Boston& Maine __ 35 Grt West Sug 12.40. 5 L L « Poun Dixte pfi(A)_- 3 5 11% 7% Va-Car Chemical 143-143%; July, 1.28'2-5;: corn, of recognized principles of trust prac- 41% Bristol-Myrs 12.40_ 4813 Peoples Gas Chi % i 10% 3% Wabash (d) Righer Co. of Louisville warned bankers 474 Brown Shoe (3) - 13% Hall W F Print____. . 50% Phelps Dodge b3ic_.. 5315 + 118 1321 Walgen Co bt (650) 914 Budd Wheel(a20c)_. A e 5% Hayes Body... . small loan companies and pawn- 4914 Phillips Petrol (2).. 6% Ward Baking (B) A 2 1314 Butler Bros (bl5¢)._. 52% 47 Holland Fur(al%)- 24% Pitts Steel £ partments as conducted by banks to ; S13 Wankosna MotiCl) 39% Calif Packing (1%%) 17% 121 Houston Oil vtc ___ 27‘.,. 24Y% Plymouth Oil (1) 7Y Western Pacific pf. m‘ Council of the safe deposit section 27% Canada Dry G Ale 337 34 2% 2 Hupp Motors. - 2 86 67 Press Stl 2d pf 21 151 Westhse 1st pf (b1) American Security & Trust Co., lo 5% % P 4 5 —] No. 2 85% Caterpillar Tr (12)- 5 144 190% Iogorsoll Bandtiy. 721 61% Pullman Inc (1%) o 23% White Motor Cash: Wheat—No. 1 red, 1.49; No. 2 i 6 & Commercial Bank; Charles W. Haas, | 41% 35% Central RRof NJ_ 13% 10% Inter Rap Tr vtc(d) 18% 16% Quaker State (80c)- 16% 51% Woolworth (2.40) 53% 53 low, 1.25%al1.27; No. 4 yellow, 1.25; 23% 16% Certain-teed Prd __ £ S : . 59% 42 Intl Agricul pr pi 3115 Raybestos M (t1%) 3 3214 6214 4914 Yale&Towne(160¢)_ 53 Oats—No. 1 white, 55; No. 2 white, 5 vention will also be discussed. Mrs.| 90% 79 Chesapeake Crp(3)- 16% 8% Intl Hydro El A 18% Reliable Str (a50c)- 9 : 9% % Zonite Products_ ™% ™% h O en ) 21% 161 Intl Paper (A)_____ 110% 99 Republic pr pf A(6) Dividend rates as given {n the above table are the annual | 36.00 CWt. western National Life Insurance Co. | T4 4% ChiM St P&P pf(d). o Fa ] A 53% 41 Inti Print Ink (+2). 30% 25l Reynolds Met (1) 3 L e L L i L e 2 na vhgle;ssurlicky. spot. domestic, nual home office conference of the 3% 214 Chi R1& Pac (d) - S s liton e Sales of wash goods were lighter, but the sale of life insurance produced by s Ty stonen 126 121 Island Creek pf(6)_ 108 AT FESFEFF FEFEF - 0 T P NI Y NPy, BUILDING SUPPLY the social security act,” Mr. Plake | ggii 321 Clark Equip(t1.60)_ said. “Because the act provides only | 113 105 Clev ElIllu pf 4% __ a slight death benefit, it does not | 163% 122! Coca-Cola (t2) Y compete with the real service of life [ 25% 19 Colgate-P-P(150c)- 165 134 Johns-Manv (13)._ 1 121 117 KCP&L 1stpf B(6) 20s 29 20 KansCity South __. 36 28% Kaufmann (11.60)_ o S EX IS firmer. 0 insurance, which is providing for a | 62% 54l Collins & Atk (12) man’s dependents after he is gone. In addition, it has roused a wider appreciation of the need for an adequate old-age income.” Heard in Financial District. John R. Waller, president of the In- ternational Bank, Jackson place, has | returned from a trip to Norfolk and Williamsburg. Johnston, Lemon & Co. is participat- ing in the offering of Eason Oil Co. cumulative convertible preferred stock and 136,000 shares of common stock placed on the market today. The Federal Home Loan Bank Board announced today that Everett Smith has been made financial representative of the banks, with headquarters in New York. These banks are about to enter the investment market for the first time. 112% 110% Collins & Aik pf(5) - 51% 43 Col Fuel & Iron(bl) 20% 15% Colum G & Eadlc .. 108 97% ColG&Epf A (6)_- 101 90% ColG&E pf (5) .. 3914 327 Columbia Pic (t1)__ 124% 112Y% Col Carb vtc (14) . 69% 567% Comcl Credit (14) _ 114 100 Comcl Cred pf (4%) 80% 66% Comcl Inw T (t4) . 120 1064 ComclInv T pf 43 _ 21% 18 Comel Solv (160c) . 4% 3 Comw & Southern._ T6% 58% Comw & Sou pf(3).. 19% 13% Conde Nast Pub____ 45% 36% Congoleum-Nrn(2).- 187% 13% Consol Cigar i 95 88% Con C pr pf ww 6% 49% 39% Cons Edis.N Y(12) 108 105 Cons Ed N Y pf(5)-. 5% 4% Cons Film . 18% 15% Cons Film pf (12)._ 13% 9% Cons Laundries.___ 17% 15% Cons Oil (80c) - 10% 7% ConsR R Cubapf_.. '] - o 2 S w3 Sroame onee M IS (9 TETHUPIS 3 PRINIUPN- - SO STOr o T 79 23 83% 61 56% Kennecott (b50c) . 17% Keystone S&W b30c 5% Kinney (G R) Co 47% Kinney pf (al1) _ 25% Kresge S S (b30c) . _ 22 Kroger Groc (11.60) 181% Lambert Co (2) .- 15 17 Lane Bryant __ Lee Rubber (50c) 38% Leh Port Cmt 1% 21 Lehigh Valley Coal- 13% Lehigh Val Coal pf_ 17% Lehigh Valley R R_. 137 118 Lehman Corp (13)_. 67% Libbey-O-F (b75c)_ 15% 9% Libby McN & L(al). 28% 25% Life Saver (11.60)_ 114 100% Ligg & Myers B t4 21% Lily Tulip (t1%) 59 52 Lima Locomotive. Link Belt (12) . 58% 43% Liquid Carb (2.60) 81% 64% Loew’s Inc (12) Quick Deliveries. BY the Associated Press. NEW YORK, March 29.— Cotton gray cloth sales this week were well below production, but prices remained firm, and on many constructions buy- ers were unable to find mills with quick deliveries to offer. Print cloths were offered by second hands in mod- erate quantities, at prices usually 1% cent below mill quotations. Heavy goods were strong and some new highs were established. Fine yarn gray cloths were less active, but prices firmed. The finished goods markets were fairly active and some prices were ad- vances. Printers name new prices on some percales and pillowcases made from print cloth yards were revised upward. = There was some call for brown sheetings, which were lifted to ! HIGHER GROSS IN YEAR NEW YORK, March 29 (Specia) . — Total gross operating revenues of Asso- clated Gas & Electric Co. increased $7,466,332, or 7 per cent, to $118,556,- 223 for the 12 months ended February 28, in comparison with the previous comparable period. Operating expenses and maintenance amounted to $59,865,302 for the year. Taxes, at $13,353,544, were up $1,664,- 535, a 14 per cent increase to & new high. After deducting these items, net operating revenue remained in the amount of $45,337,377. This is $2,- 010,252, or 5 per cent, above last year. Further deductions for provision for retirements of $9,453,715 left $35.- 883,662 for operating income. This is 7 per cent, or $2,266,275, above the previous year’s comparable figure, Medium grades of domestic wools were quiet, although firmly quoted at unchanged nominal prices. Fine and medium grade foreign wools had a fair call at firm to rising prices. In domestic fleeces fine Ohio De- laine was moved in small quantities at 44-46 in the grease, but other grades | were quiet and nominally unchanged at 47-48 in the grease for staple comb- ing half blood, 47-48 for combing 3 blood and 45-47 for combing quarter blood. FAIRCHILD BACKLOG UP. NEW YORK, March 29 (#)—Fair- child Aviation Corp. announced un- filled orders as of February 28 were $1,045,448, against $668,652 the same date & year ago, an increase of 56 per INDUSTRY Survey available on request without obligation. Robert C. Jones & Co. Shoreham Bldg. MEtropolitan 2922 “Complete Investment Service” cent. A