Evening Star Newspaper, April 18, 1940, Page 19

FINANCIAL. Slump in Foreign Issues Depresses Bond Market Resistance Displayed By Many Selected Domestic Loans Bend Averages 20 10 10 Rails mdust. Ut Net change —. 9141 Today, noon 53.1 103.0 Prev. day. . 5821029 972 Month ago. 57.1102.2 96.6 Year ago .. 553 98.1 92.6 1940 high.. 5991029 975 1940 low __ 56.6101.9 96.1 1939 high.. 6491020 975 1939 low... 534 958 90.4 10 Low-Yield Bonds. Noon __..1124 Prev.day. 1123 M'nth ago 1122 Year ago. 110.8 1940 high113.1 1940 low. 1115 1939 high 112.6 1939 low. 103.6 10 Fen unc, 46.9 469 52.9 58.9 535 469 64.0 41.7 (Compiled by the Assoctated Press.) B the Associated Press. NEW YORK, April wide losses in foreign dollar had an unsettling influer mestic issues teday. but sistance was exhibited by lected loan: Beginning the final hour declines 18.—Further bonds out many re- se- of 1 to 10 points had been chalked | Norway, | obligations of Denmark, New South Wales and Australia, among others. Loans of Belgium again countered the trend. Domestic bonds unchan to slightly higher were as numerous as those declining. and included West- ern Union 5s, Standard Oil of New Jersey 2%s, Great Northern 4s and Chesapegke & Ohio 3! International Telepnone 5s lost more than a point. Others on the offside included Delaware & Hudson refunding 4s, International Mercan- tile Marine 6s and Southern Pacific < up against e on do- | By private wire direct to The Star TREASURY. g High. Low 2:58. 104.1 103.28 103.28 108.16 108.16 108.16 105.80 105.30 105.80 106.1 106.1 106.1 108. 108, 108, 107.8 1075 107.5 106.30 106.30 106.30 106.27 106.24 106.26 108.10 108.6 108.6 1082 108.2 108. . 11tk 3%is 1944-46 110,14 110.14 110.14 3%s1940-43 Jun 101.7 1017 10 3%s 1941 42 Mar 102.13 103.13 3%s1943-47 109.14 109.14 10 4%s 1947 52 12020 120 20 120.20 FOREIGN BONDS. Hen B4t 63 25 1948-50. 21581948 2348 1949-6: 2348 1950-52 2% 8 1951-54 2% s 1956-69 2%s1958-63 23%81960-85 = ks 1955-60 rg. 331951-56 5 2:88 54t 63 1% Low 4% I3 11 R4 R4t 954 a1 70 74 2% 8 86 95 14% 141 18% L a abitibt P&P bs b3 | Adriatic Elec is 52 { Antioquia 7 45 A _ | Antwerp £s 58 | Arzentine 4s 12 Feb Argentine 4s 72 Apr Argentine 4 s 48 Argentine 41%s 71 Australia 43s 56 Australia 5s b5 Australia 68 67_. Belgtum 6s 65 _. Belgium 6s 49 Belgium 7s 66 Brazil 61s 19 Brazil 61%s 1 Brazf] 8s 41 Brishane 5s 57 Brisbane 5s 58 | Brisbane 6= 50 Budapest s 62 Buen Afr 45 Apr Ruenns Afres 12 R BU 8474 Rang 95% 91 70 14 2% 88 8614 95% 143 141 187¢ 6415 pos Afres ria 7s 67 nada 4s 60 Canada as 62 Chile 6s 60 a<sd Chile 6s 61 Jan as<d Chile 65 61 Sent assd Chile 6s Chile 7s 42 ass; Chile Mtg B 6562 Chile M B 65 57 asd Chil Mun Ln 7s60 asd Colombia 6s 61 Oct Copenhagen 414553 . Copenhagen 5s 52 _ Cuba 4148 77 1914-49 Denmark 415s 62 __ Denmark b= 55 Denmark s 42 Dresden 7s 45 | Ger Gen Elec 65 48 S. Governments showed some the de- W losses running to 16-32, but clines had little significance in vi of the very small turnover Carrying the name of the City of | bond issues an Transit pid Transit New York, two former of the Brooklyn-Manha and Interborough R made their bow on the trading floor. | Both were actively traded. The Ital P U Crd Japan 515 65 change of classification signified the | virtual consummation of the tran- sit unification program. Bureau Issues Report On Cotton Imports By the Associated Press. The Customs Bureau reported yes- terday that imports of cotton staple | 115 inches or more from September 20 to April 6 filled 19,124,670 pounds of the 45656420-pound quota for this type of cotton in the year end- ing next September 20. Principal shipments were 18,765,153 pounds by Egypt Egyptian Sudan, and 350.941 pmmds by Peru. Imports of staple under 1'g mc‘\rs totaled 4.331,541 pounds of the 14.- 516,882-pound annual quota, includ- | ing 3,04877187 pounds from Mexico, 934,465 pounds from India and 298.- 036 pounds from Brazil. Imports of cotton card strips and waste amounted to 2.269,004 pounds of the 5,482,509-pound annual quota, including 1.967.169 pounds from th.e{ United Kingdom and 239.690 pounds ' from Canada. Insurance Stocks NEW YORK. April 18 8 (P.—Nat Association Securities Dealers. In on (16 Carolina_ (1300 of N Y i1.200 Gen Lif €.80) Contin Cas (1.20) Fid & Deo (4) Firem's Nwk ( 40xd) Frank_Fire (1a) Gen' Remsur - (1) Georg Home (1a) Glens Falls (1.60) Globe & Reo (1:xd) Globe and_ Rut Gt Amer Inc (1a) Hanover (1.0) Hartford Fire (2a) Home Fire Sec Home Ine. (1 20a) Hnnmflrnd a) K'bk'er (1) oin_Fire wd _Cas Mass Rond | N Hnhire N v pire 1 608) s e (1 om ey In (1 90a) Tel Ins +Paw Fire (Syd) U S Pd & G (1) U S Fire () Westchester (1.202) hids or mate Fransactions or firm but should indicate appro; New York Produce NEW YORK. Anril 1R (/) .—Fees 23.225. frregular Mixed colors. fancv to extra Tancy 1015011 oxtras, 181-01014: storaces (Im‘kvd firsts, 18-1814: graded firsts, 1 Current receints 105" 15%: dirties, No. 1. 16%4: W] h(r( Resale of preminm marks and Midwesiarn | nremin snecials. 101 of exchanze medinms. 171he00) Midwestern medinms 54 medinme average checks tn exira fanev Midwestern epe- 81z mediums e earbe and standards Creamer extra (€ 7 L 271-%; sec- onds (R&-R7) Cheese, 38,801 ehanced. New York Bank Stocks NEW YORK. April 18 (2. —Investment Bankers Con{!r!nre Inc.. Bank and trust eompanies. - Opening bid and asked prices, Bid Asked. Bank of Manhattan (808). 1% Chase (1.46) " LI ity i Commercial-(8) 200 First Nmu{:nl (100) Bubtic (1 ankers Brooklyn Trust (4) Central Hanover (4) Chemical (1.80) Continental . (.80} Corn Exchange (3) xd Empire (.60) .amm?‘l ‘l"l Ving (.60 {rfl;':l'z\“ 'T‘rflsL (1.40) ew York Tru Title Guaranty, & Trust irregular. Prices un- New York Sugar NEW YORK. April 18 (® —Raw sugar futures No. 3 nnln!d unchanged to 1 . higher. May. 1 a6: July. 2.01: September. 2.05b:" November, 2.10: January, 2.08b; March, b Bid Rubber Futures NEW YORK. Apri 18 (P).—Crude rub- ber futures opened 5 to 17 higher. May. ulv. 1875.77: September, 158308 and the Anglo-| (| Am1GChbies 9 101 +| Atl Coast L 1st 4552 Met Water 515 Mex Irr 4 Milan 616 62 Minas Geraes 6155 59 Montevideo 7852 __ ew So Wales 5557 . New So Wales 5s 58 _ Norway ¢s63 Norway 4%, s 65 Norway 415 56 Norway 6s 43 Norway 6s 44 Ortental Dev 5155 58 Ortental Dev 6s 53 Panama 5< 63 €1 asd Panama Paulista Peru Ist s 60 Peru 2d 6s 61 Queensiand fis 47 ___ Queensiand 7s 41 Rhine ¥ E1 P 6s52 _ Rhine W El P 6s 53 __ Ri0 de Jan 648 63 __ Rio de Jan §s 46 Rio Gr do Sul 85 46 Rome 6135 52 2 Sante Fe Prov 4s 64__ Sao Paulo St 7s 40 Sao Paulo St 7s 56 Tokyo City 5s 62 Tokyo City 5%s 61 Tokvo EI Lt 6s 53 Uru 3% 4-414sadi 79 Uru 4-4%-41 78 Feb Warsaw Ts 58 14%, 14% 87 10 144 9 10 15 11y 1% 39 6% T6% 3% 831 100 10% 40% 40% T 56% 531 534 5314 Yokohama 6s 61 DOMESTIC IONDS Alleg Corp os 43 3 Alleg Corp bs 44 3 Alleg Corp bs 60 std 41 Allied Stores 41 100 Allied Stores 4165 51 081 681, Allis-Chalmers as 1051, 109 Am & For Pw 6s 2030 66, 6 104 1051 105 109 109 1091, 10914 41 100 | Am Intl 53549 Am T & T 3%s 61 AmT& T 3%s 66 AmT& T6%s 43 Am Wat Wks 6s 75 Anaconda db 43%s 50 Armour(Del)1st4s 55 Armour(Del)4s 67 A T&S Fe gen 4s 95 A T&S Fo 41848 A T&SF RMt dv 4s 65 Atl&Ch A L 6s 44 1031 10314 10414 10414 104 104 104% 104% 10414 1041 1007 100% 97 69 Atl Coast L 4145 64 Atl Coast L 5s 45 Atl Gulf & W | 55 59 | Atlantic Refin 3s 53 B & O st as 43 B & O 1st 48s std B & O cv 60s std B & O 95 A stamped B & 0 95 C stamped B & 0 96 F stamped B&O 2000 D stpd Bang & Ar cv 4s 51 st Bell T of Pa /s 48 B | Bell Tel(Pa)5s 60 C Beth Steel 3% 8 69 F Beth Steel 3158 62 Bos & Me 4%s 31 1] | Boston&Me 47%s 61 st Bos & Me bs b Boston & Me 55 55 st Bos & Me 5s 67 Boston & Me 5s 67 st BosNYAL4s55 Bkivn Man 4%s 66 ct Bk Qu C&S cn bs41 ct Bklyn Un Gas 5s 45 _ Bklvn Un Gas 6s 50 Buft Roch & P 57 std Bush Term cn bs 55 Canadian NR g %s 61 Can NR 6s 69 July Can NR 6s 69 Oct Can NR 6s 70 o Can Nor 634546 __ Can Pac db 4s perp _ Can Pac 4%s 60 Can Pac 6s 44 Can Pac 6s 64 Caro Cl & Oh 6s 52 Car & Gen bs 50 Cent Foundry 6s 41__ Cent of Ga 6%s 69 Cent N Eng 4s 61 Cent of N J 45 87 Cent of NJ gen 65 87_ Cent NJ gnbs87rg.. Cent N Y Pw 2%s 63 Cent Pac 1st rf 43 49_ Cent Pacific 63 60 Cert'd deb 6%s 48 Cham P&F 4%s 35-560 Champ Pa 4%s 38-50 Ches & Ohio 843 63 F Ches& 0 3%s 96D _ Ches& O3%s96 B . Chi & Alton 83 49 _ Chi B&Q gen 4s 68 _. Chi Burl & Q 6s 71 C B&Q 111 d1v 3% 49 > B&Q 111 d1v 45 4% Chi & E U1 bs 51 Chi Gr1 West 45 59 Chi Ind & Lou 5s 47 Chi MIl & St P 45 89 CM&StP 4%s89C CM&SLP 4%s 89 Chi Mi1 & St P 68 76 CM&StP ad) §s 2000 Chi&NW gen 3%s 87 Chi&NW 4%s 2037 C. Chi & NW cv 4%s 49 Chi&NW 6%s 36, Chi Rwy 68 27 e Chi RI&Pr4s 34 __. ” | Hoe(R)1st mug 44 | Lautaro N |y | Mo Pac 53 81 1 | Morris & F THE EVENING STAR, Chi RI&P rf ¢s 84 ct. Chi RI&P gen 4s 88_. Chi RI&P 4%5 62 A. ChiRI&P cv 4%s 60_. Chi Un Sta 8%8 63 __ Chi& W Ind cv 4s 62 Chi& W [nd 4% 62_ Childs & CoBs43 Cin Un Term 3%s 69 Cin Un Term 3% 71_. CCC&SEL rf 438 77 Clev Un Term 6s 73 _ Clev Un Ter 41,8177 . Clev Un Ter 61s 72 Colo & So 4%s80 __ Col G&E 63 52 Aor Col G & E bs 62 May Col G & E bs 61 Comw Ed 34 6% Comw 74 3158 68 Conn R&L 4 Cons Bd N Y $143 46 Cons ENY db 3158 48 Consol O1] 3145 51 Consol Rys 4s 64 Consum Pwr 3% s 66 Consum Pw 1st 33 69 Container deb b= 43 Contl O1] 2% s 48 Crown C & S 4%s 48 Cuba Northn 5%s ¢2 Cuba R 1st 5562____. Del & Hua ref 4s 43 _ Den & R G con 4s 36 Den& RG 4%536 __ Den& RG W 6s 55 _ Den& R G W rf 53 78 Det Edison 4s 65 Det Edison 43¢s 61 Duquesne Lt 815 65 BTV &Gacnbfsi6 Frie 1st 45 46 Erie gen 4a 16 1rie ref s 67 Fric ref fs 75 25 Erie & Jersey 6s 55 Firestone T Fla £C Rv 58 7- Fonda J&G 4s 82 ct | Francisco Sug 6s 56__ Gen Am Inv 5552 __ Gen Mot Acc 3%s 61. Gen Stl Cast 61s 49 Goodrich 44 s 66 Goth Silk H 5s 46 ww Grt Nor Ry 3%s 67__ Grt Nor Ry 45 46 G__ Grt Nor Ry 4s 46 H__ Grt NR4%sJ6D Grt NRen4%s 1T E Grt Nor Ry 5%s52 _ Gulf M&N 6s 50 o Gulf Sta Stl 4365 61__ Har Riv & P 4s 54 Houston Of1 43 s 54 Hudson Coal 6s 62 A Hud & Man ine Hud & Man ref 111 Bell Te. 111 Cent s il Cent 4s 53 11 Cent 4% s 68 11l Cent ref 55 5 5 ICCEST NO 4165 63 ICC&SLL NO 6s 63 A Indust Ravon 415 48 Int R T Ist rf 6s 66 et Int R T 6s 22 Int RT 7s 32 ct Int Grt Nor 1st 6s 52 Int Grt Nor adj 6s 52 Int Hydro El 6s 44 Int Mer Mar 6s 41 Int Paper 1st 6s 47 [nt Paper ref fs £5 Int Ry of C A 5is 72_ Int T&T 4155 52 Int T&T 6s 55 Jones & 1 stiligs &1 K C FS&M rf 45 36 ot | Kans Citv So rf 55 50 Konpers Co 4s 51 Laclede G 5145 60 D rate 75 Leh Val Har 6s 64 L V R con 4s 2003 R 45 2002 agd LV RR 41452003 asy Loew s 31,8 46 Long sl ref 4s 49 &t Long sl unif 4549 _ Lorillard 7s 44 - L & Nash 3% 2003 __ L &N 4152002 L&NG5s2002 B MeKesson&R 5148 50 Me Cent RR 4s 45 _ Me Central 4345 60 __ Manat! Sugar 4s 57__ Msnhat Ry 4s90 ___ Manhat Ry 4s 90 ot __ Market St Ry 7s 40 Mich Cons Gas 4s 62 MStP&SSM cn 4s 38 MStP&SSM §s 38 gtd | Mo K & T 15t 45 90 Mo K&T b= 62 A Mo Pac 48 75 Mo Pac 6s 65 A Mo Pac 52 77 F _ Mo Pac 5s 78 G Mo Pac 6s 80 H Mo Pac 535 49 Mob & Ohio 4155 77 | Mont Pwr 3% 66 Morris&Es 8165 2000 414563 Morris & Fs 5= 55 Mount StT&T 31,568 | Nassau El 4s 61 ctts Nat Dairy 3% 551 ww Nat Distili 315 49 Nat Steel 3s 65 Natl Supply S%s 54__ New B T&T 4%s 61 New E T&' 1st 55 62 New Orl P 36352 A New Orl P S 6s 65 B New Orl Ter 1st 45 53 N Y Centrai 3%s 52 ¥ Central 31, 97 Y Central ¢ N Y Cent con 4s 48 N ¥ Cent 41552013 A ¥ Cent rf bs 2013 Y Chi & St L 4s 46 Y Chi&StL 4145 78 N ¥ C&S1L 5%s 74 A Y Chi & St | 63 41 ¥ Dock 4s 51 = ¥ Dock cv 5847 __ IreprreR & \V gen bs 40 W&B 4%s 46 Niag Falls P 3%s 66 Niag Sh51%s50 __ Norf Southn 5s 41 __ Norf Southn 5s 61 Norf Southn s 61 ct Nort & W 1st 45 96 North Am 314s 49 _ North Am 3%s 54 Nor'n Pac gn 3s 2047 Nor'n Pac s 97 > Nor'n Pac 4%s 2047 . Nor'n Pac 6s 2047 North Sta Pw 3%s &7 Ogden LC 4348 __ __ Ohio Edison 3%s 12 Okla G&E 3% 66 _. Ont Pwr Niag bs 43 Ont Trans 1st 5s 45 Oregon W RR 4s 61. Otis Steel ¢1%8 62_ Pac Gas & El 8%s 66 PacG & E3%s 61 PacG & B 4s 64 Par Broadwy 3s 65 ct. Param't Pic 3% s 47 Penn Co 4s62 E. Penn Co ¢s 63 Penn O&D 4%s 77 Penn P&L 3%s 69 _ Penn P&L 4%s 74 Penn RR 3%s 70 Penn RR 4s 43 _ Penn RR 4s 48 Penn KRR 4%s 81 Penn RR 44s 84 Penn RR 4%s 60 Penn RR g0 4 %s 6% Penn RR db 4%s 70 Penn RR gen 6s 68 Peoria & E 1st ¢s 40 Pere Marquette ¢s 56 Phelps Dodge 8%s 62 Phila B&W 45 ¢3____. vhila Co 68 67 Phila Elec 3148 67. PhilaRC&Irbs High. Low. 6% 5% 16% 16% ™% T 1% 1% 109 109 94 935 93% 93% 56 56 110% 110% 109 109 497 4974 5 5 69 69 86 85% 284 284 105 105 104% 104% 105' 1 1200 130 1 1 118% 118y 106'% 107 107% 107 105% 105% 19 19 10854 108 10874 10874 101% 1015 10715 107'% 104 104 29% 38 56% 56 9 9 9% 9% 25 2% 6% 6% 110% 110% 1085 108% 107% 107% 92 56 G 103% 103% 10415 10414 6% 102 1018 1011 101% 6215 68 1001 100 34 a3 13% 13 4548 L S 5l 4 94 3% 9% 8215 8215 821, T6% A% 10414 103, 5% 821, 5% 53 15% 21 191, 109%, 5414 1061y 106 10315 10375 127% 127 1047% 2:55. 5% 16% T4 1% 109 93% 93% 56 110% 109 “49% 5 69 853 2814 105 104 1051% 120 1 118% 106 107! 1054 19 108 1087« 101% 1071g 104 29Y 38 56 3% 1011 42 0'4 5414 | 1047 v 1033 84 53% 54 1094 94 117 60 1915 19% 19 515 21% 36% 223, 1064 104 5 110% 10315 T4 16% 211 3615 213% 106% 104 5 110% 108% 109 8974 109 1 Ty 974 117% 101% 8RY% 108% 66% 5814 110% 110% 1057 12 12 \ 65% 58 110% 110% 105% D1 1115 111% 12 “ | jointly WASHINGTON, BONDS ON N. Y. STOCK EXCHANGE Hich. Low. 2:58 315 3W 8 M ™ T4 110% 110% 110% 1065 1065 1068 99 99 99Y 105% 105 105% B1% B1% 51% 51% b51% b51% 51% 514 51% TA% T4 4% 83% 834 834 2314 234 23% 110 110 110 110 110 4 104% PhilaRC & Ir 6s 49_. Philippine Ry 4s 37 Phillips Petro] 3s 48_ PCC&StL 4%s 42 B__ PCC&StL 4%s 77 PCC&StL6s76B ___ Pitt&W Va 4%868 A Pitis&W Va 4%s59 B Pitt&W Va 4143 60 C. Port Gen E1 4%s 60 __ Porto R A T 65 42 st_ Posta) Tel & C 6s 63 Potomac E P 3%s 66 Pub Sve N I113%s 68 Purity Baking 6s 48 Reading Jer C 4s 51 Reading R 4355 97 A Rem R'd 4%.s 66 ww Republic Stl 4% s 56 Republic St 4 61 Revere Cop 414 56 Richfield 01 4 Rio G W col 45 49 A Roch G&E 3%s 69 Saguenayv Pw 4%s 66 StL IM&S R&G 48 33 St L RM&P 58 55 St L P&NW bs 48 St L-San Fr 4s 60 A__ St L-San Fr 4s 60 ct.. St L-San Fr4%s 78 _ StL-SP4%sT8ct St LS W lst4s89 St L South Wn 6s%62. San A&A Pass 4s43_. Schulco 6%s46 B __ Schulco 6%s 46 B stp Seabd A L rf 4869 __ Seabd A L 4s 50 stp Seabd A L adj 5s 49 __ Seab'd A L con 6s 45_ Seabd A F Shell Un O11 215 54 Stmmons Co 4s 52 Socony Vac o Bell T& T 3579 . So Bell T&T 314 62 Southn Cal G 4 %s 61 Southn Kratt 413 46 0 Nati G 415 61 So Pac 3%s 46 So Pac col 4s 49 So Pac ref 4s 56 So Pac 415 68 So Pac 4%s 69 So Pac 4%s 81 _ -5 So Pac Oreg 4%s 17_. So Rv gen 45 56 A, So Ry bs 94 So Ry gen 62 66 So Ry 6%s 56 = So Ry St L div 4s 51.. S W Bell Tel 3s 68 S W Bell Tel 335s 64 Stand Oll N J 2%s 63 Stand Ofl N J 3561 _ Studebaker cv 6s 45_. Swift & Co3%8 50 __ | Texas Corp 35 69 Texas Corp 3%s 61 Tex & Pac6s80 D _ Tex&Pac 1st 6s 2000 Third Av ref 4560 _ Third Ave 1st 5s37__ Third Av ad) 5s 60 __ Un E1(Mo0)3%s 62 Union O11(Cal)13s 69 Un Pacific 2 %s 70 Un Pacific 3%s 71 | Un Pacttic 15t 45 47__ | Un Pac ref as 2008 ___ United Drug 6s 63 USSteel 33548 _ Utah Pwr & Lt 5s 44 Utility P & L 5s 59 Utility P& L 5% 47 VaFl1&P3%s68B__ Va Ry Ist 3%s 66 Wabash 43878 C. Wabash 1st 65 39 Wabash 2d bs 39_. Wabash 6%s 75 Walworth 4s 55 Warner Bros 65 48 Warren Bros cv 65 41 Westchester L 5s 50 West Sh 1=t as 2361 | West Va P&P 3s 54 .. West M ist 4s 62 West NY&P gn 4s 43 West Pac 65 46 A as West Union 435850 West Union s 60 West Union 6s 61 __ Wheel Steel 415 66 Wilkes B&E 5542 Wilson & Co 3%s 47 Wilson & Co 4s b5 Wis Cent 1st gn 45 49 WisC S&D T 45 36 | WisCS&D T 4s 36 ct Youngst'n S&T Youngst'n S&T 0il Discovered an Land ' Of Godchaux Sugars | By the Associated Press. NEW YORK, April 18.—Charles Godchaux, president of Godchaux | | Sugars, Inc, read a telegram to stockholders in the annual meeting today announcing discovery of oil |on the company's lands near New | Orleans. | The well, he said, was brought m vesterday by the Shell Pe- troleum and Pan-American Cos. | and appeared to be of the distillate | ‘t\pv probably containing gas. He estimated it would take 36 to 48 hours to determine whether it would “prove valuable.” The telegram came from Jules Godchaux. vice president. { The company owns more than 31,000 acres in Louisiana. On the sugar end of the business, | the president said, the company has | been making a better profit margin on refined products, indicating a in 1939, Crucible Steel Sees |Sign of Upward Trend By the Associated Press. | JERSEY CITY, N. J,, April 18— Crucible Steel Co.’s current opera=- tions of around 60 per cent of ca- pacity appear to be the “bottom” of the decline from last fall's brisk business, with indications of an up- ward trend now showing, F. B. Huf- nagel, chairman, told stockholders at the annual meeting yesterday. “The open orders as of April 1 were not of sufficient volume to assume very satisfactory operations for that month,” Mr. Hufnagel said. “Regular domestic business has been laggard,” he added. “The ordnance department, however, balance of the year with strong indications that many additional *| Dividends Announced NEW YORK. April 18.—Dividends de- clared—prepared by Fitch Publishing Co.: Resumed. Pe- Stk of Pay- Rate riod. record. able, Collective Trading A 15c Inglewood ~ Gasoline .00% Interim. ~.80c __ Extra, 5cQ 4-6 Accumulated. New River 6% pf i Regular. Bourne_Mills 20¢ Buck Hill Falls 1%%c Buckeye Steel Castings 30 Dt borundum Co s Borden Co 5-15 Cons Lobster izonier Co & Myers Tob Do oswero By Owens Tllinois Glass Peninsular Grinding Wheel Powdrell & Alex Seaboard Surety Std_silica_Corp Tex Pac Coal & Ofl Uni Commodity Corp 5¢ Wilson-Jones _ 25¢ Amer Meter Co_ 75e Seaboard Oil 25c Q@ Shattuck-Denn Min C_10¢ _ Signode Steel Str Co_20¢ .. isc 50¢ 5 ~.10c ~40c 10c 10c Q M BADTB RN ‘Wosnlngton Prouuce‘ | prin | 1=pouna p: is | well supplied with orders for the | orders soon will be booked, particu- | . |larly if the war continues.” ! best | Florida, | light somewhat higher profit level than' | 1ent D. C, Construction Awards Moderately Behind Same 1939 Week Private Contracts Nearly Double Year Ago, but Public Total Lags By the Associated Press. NEW YORK, April 18.—Heavy en- gineering construction awards dur- ing the week ended Tuesday totaled $53.336,000, a gain of 5 per cent| from the previous week but 1 per cent below a year ago, Engineering | News-Record reported today. Private contracts were 19 per cent smaller than a week ago but were almost couble the correspond- ing week last year. Industrial build- ing continued to gain. Public construction awards were 25 per cent larger than the previous week but 22 per cent less than a year ago. Comparisons follow: Private. Previous Week. Year Ago. $23,376.000 9,723,000 Municipal. ¥ .00 $41,696,000 1528.000 947,000 Latest Week, S18.570,00 983.000 4,485,000 St “Total. $50,800.000 000 BULTht—i ore 4-pouna SCore, tuos, 28%. 1-poun pound pr ) L-pounG pinis,”24. 1a-pouud print 0 score L-Dound_prin bs-pourd prir i Ry score, tub: L 4-pound prinis, 1-pound prints, sc pound:, 5. wnole undrc From Agricultural Prices paia net 1 Wasnington EGGS—Markel steaay. rrices paid for te graded exgs receivea irom il 18): Whites: U. s. cents: U. S. exiras, cents; U. S standards. ts; U S 'standards. me- i U, S. trades, 14-16 Browns: U. 8. extras. large. 5. extras. mediums andards, large, 1 ndards. medium ea calves, Marketing Service, diums, cents. cents: " U S. nearby un- \\nl es, 16- | Deluware R;nkk a Broilers and fry Leghorn | under old: Toms 16 cent key G and up, s a pound Fruiis and Vegetables, Compiled by the M 10 ce: ice. "Sales' 1o | < wholesale market | ities | v. No carlot ar- kets I~ | den’ Delic 21-inch 3 | Yori, | ich mun- 100 nim, 90- Pennsylyania, S, fancs | et steady: | New York ar- | unoroken cars No < FOTAIORS UAL one Idano, two rived: six 2| . 2-inch York. round 00, Kusset Buroanks, stock, marke, steady. 1w one broken and two un- broken cars on track. Florida. bushel crates, Bliss Triumpns, U. 8. No. 1, 2.00-: 7 ASPARAGUS —Market steady. No car- 1ot arrivals: one broKen AT on troer. light. South Carolina, ozen bunches, Rree] fancy, 1.25-. AVOCADOS —Market steady. One Cali- fornia arrived: one unbroken car on track. %xuna; recelvu ligh California, fats, tly . CABBAGE—Market steady. One Flor- ida urrived: one broken and one unbroken | cars cn tra Truck receipts libera 12-bushel hampers. dome: type. liaged, packed locally, | 10, South Carolina. 1'z-bushel ham- a iype. packed locaily, few dull. No_carlot ar-| and (wo unbroken cirs 2 siandard and | 5 lndiviavaliy 5 new rlorida arnved rouna LO0-1 pe leaty No carlot ar- track. Texas, 1.25; fair con- ne broken ‘car on half crates bunched. best dition. 1 00, CAULIFLOWER—Market One Caliiornia ar) about on 0. steady. track. arket steads. One Ci one car diverted; broken oue unvroken cars on track. California. L. A. crates, bunched, 3.00. LET& UCE—Market slightly stronger for stock ~ One California arrived: three broken and one unbroken cars on. track; L A crates. Iceberg type. mostly ordinary to ‘fair condition: Arizona. 5 dozen. few 5.00: 6 dozen, 4.75- few' sales, two " Onlon Prices Steady. ONIONS—Market steady. No carlot ar- rivals: two broken and one unbroken cars on track: 50-pound sacks. U. S. No. 1, yellows, Michigan_ New York and Ohio, 5 sweet Spanisch, 3 inches and Targer, Idaho. 2. PEAS— Marke rivals; no cars teady. - No carlot ar- on track. Truck receipts Florida. bushel hampers. smail- | pogded varieuies. fair quality, 1 STRAWBERKIES—) v carlot arrivals; no cars on track. 'Truck Florida. 36-pint crates. 8- | . 10-11 per pint SWEET POTATOES—Market steady, | Truck Teceipts light. North Carolina and | Virginia. bushel paskets. Nancy Halis. 80- Porfo Ricans, 90-1.00. MIXED VEGETABLES—One California arrived: Lwo broken and one unbroken cars on_track SNAP BEANS—Market dull. No carlot arrivals; one broken car on track. Truck receipts liberal Florida, bushel hampers, Bountifuls, ordinary condition. 1.75: Valentiner, o ordin: i 1.50-2.00; ergreens, 2.00-2.25 2700 LIMA BEANS—Market dull. _ Supblies very light. * Cuba bushel hampers, ordi- nary condition. 2.50-3.00. PEPPERS—Market steady. Supplies 1‘mhl4mfmha 1%2-bushel crates, green, 3.50- SQUASH—Market steady. Truok re- ipis light. Florida, bushel hampers. ¥ nx';e‘ wrapped. 1.25-1.50: vellow, 1.75- CUCUMBERS—Market steady. Truck receipis Ight, _Florida, bushel baskets, fair_auality 3,50-4.00. TOMATOES—Market steady. Supplies very light Repacked 10-pound cartons, 1.65-2.00: Cuba. turning, wrapped. eady. No i mostly best, ): fair_qualify, lug "boXes. ripes and 6x7. 7.00. KALE— Market weak. bushel baskets. 30-40. TURNIP GREE! receints light. RAPE—Market Virginia, Nearhr sections, S—Market steady. Truck Virginia.- bushel hampers, | steady. Norfolk hampers. 50 LANDCRESS—Market weak. Nearby sections of Maryland and Virginia. bushe| baskets. 40 SPINACH—Market steady: no carlot ar- rivals: 1 broken car on track: fruck re- ceipts moderate. Virginia, Norfolk sec- tion. bushel baskets. 65. ORANGES—One Florida arrived: three broken and four unbroken cars on track. Relief—No carlot arrivals: one broken and one unbroken cars on track AVOCADOS—One California arrived; one unbroken car on track. MUSHROOMS—Maryland and Pennsyl- vania. 3-pound baskets, 15-60. according to condition: best. mostly 30-45. ORANGES—Florida. boxes. 2.50-3.50. s to_grade and size: California, boxes, 2.75- 8.50. as to_grade and size, GRAFEFRUIT_Florids, * boxes, 2.00- 3.00: few. special marks, highef, as to nrnde and_size. ONS—Catifornia. boxes. 3.75-4.50, as to fade and size. PRNEA FL!:s—cuh voorer lower. GRAPES —Argentine. lugs. varlous varle- ties. 2 00-2. L IVER Janinica. 150-20 per 100. Carolina. " bunched, 4415 TURNIPS—South RADISHES—North Carolina. bushel bas- kets, bunched. 00 BROCCOLI—California. 4.00. Truck reaeipts section. - bushel Cates. crates. Eggs Badly Scrambled COIORADO SPRINGS, Colo. (&) —The driver who reported he was “shaken up a bit” when struck by an assistant fire chief's car added, “So were the eggs.” With him in the truck were 48 dozen eggs and about half of them were shaken through the shells, THURSDAY, APRIL 18, 1940. FINANCIAL. NEW YORK CURB MARKET By orivate wire direct to The Star Btock and Dividend Rate. Ad Acme Wire .25e__ Aero Sup A 1.50_ Aero Sup B .20g.. Air Assoc’ (.50) Ala Power pf (8) Alum Co Am (le) Alum Co pf (6) Alum Goods .20e Alum Ltd (1.60e) Am Beverage Am Book (4) ___ Am Box Board Am City P&L(B) Am Cynam B 60 Am Export 2be Am Gas & El 1.60 Am General Am Lt&Trac 1.20 Am Meter (.75e) Am Pot&C 4.75g Am Republics Am Seal-Kap .12e Am Superpower Am Superpwr nf Am Superp 1stpf Am Thread pf 25 Apex El Mfg .25c. Arctur Rad T (r) Ark Nat Gas. ... Ark Nat Gas(A)_ Ark Nat Gas pf__ Ashland O&R .40 Asso G&E (A)(r) Assoc G&E pf (r) Atl Coast Fish .__ Atlas Corp war _ Auto Vot M (.50). Aviation & Trans Babcock & W.20e Baldwin Lo war Baldw L pf 2.10 Barl&Seel A 1.20 Bath Iron Beech Atrcraft Bellanca Aircraft Bell Afreratt Berk & ( Blue R cv pf(3h) Bohack(H C)1st_ Breeze Corp 50g Brewster Aero _ Bridgp't Machine British Celanese_ Brown Co pt (r)_ Brown F & W Br'n Fence A 656 Brown For Dist . Brown Rubber __ Bunker Hill .25¢ Cable&W pf 1558 Calamba Sug 1.60 Callite Tungsten Can Col Airways Can Mar W 0O4e Carib Syndicate Carnation (1a) _ Carnegie Met - Caro P&L pf (7)_ Carrier Corp | catlin (Am) Celan pte pf (7a) Celluloid Corp Cent NY Pw nt § Cent Oh Stl 20e | Cent & Sown Util Chi Flex S (5a) Cities Service Citles Service pf CitiesSve P& L (T) pf 15.75k City Auto am: 60 Claude Neos Clev Elec I1 (Zl) | Clev Tractor Club Alum Uten Col Fuel & | war Colts Pat F A (2) Columb Oil & Gas Comwith & S war Com P&L 1st pf Comt'y Pub S.65e Consol Biscuit Cons G&E Bo 3 60 | Cons Retal] Strs | Cons Royalty .20 Cooper Bess Copper Range Cornucopia Gold | Corroon & Reyn Cor & R pf A(3k) Cosden Petrolm Cosden Petr pf _ Creole Petr 50a Croft Brewing Crn Ck Int A 50k Crown Drug (je Dayton Rub .25e Dayton R(A)(2) Decca Rec .60 Dennis'n pr pf e Det Paper Prod Distilled Liquors Divco Twin Trk Domin St1 & Coal Draper Corp (3a) Dubilter Con 13g Duval Texas Sul East'n Gas&Fuel Eastn G&F 6 ot Eastn Gas & Fuel prpt (1125k)) Eastern States Eastp Sts pf A | Eastn Sts pt B Elec Bond & Sh Elec B & S pf (6) Em G&F 615 % pf Equity Corp Equity cv pt (3) Esquire (.60) ___ Fairchild Avia _. Fairchild E& A Falstaff Brew .60 Fedders Mfg .15e Fidelio Brew Fla P&L pf 3.94k Ford M (France) Ford Ltd (.16g) Fruehauf Tra.25e Fuller pf (4) 0 Fuller cv pf (3) Gen G&Ecv pf B Gen invest Gen Invest pf Gen Sharehold Ga Power pf (5) Ga Power pt (6) Glen Alden .125e Godchaux A (2) Godchaux (B) Godchaux pf (T) Grand Rap V .40 G A&P n v 3.60e Grt Nor Pap 50e Greenfield T & D Gruman Air Gulf 01l of Pa(1) Gulf St Ut pf (6) Hall Lamp (.60e) Ham'ermill .25e. HatCorp B _ Hecla Min 10e Hires (CE) ..60e_ Hoe(R)&Co A . Hubbell (H) 1.60 Humble Oil 375 Hum’l-Ross .15e. Hygrade Food _ Illinots-1a Power 111-1a Power pt (ll-1a Pwr div et Imp Oil Ltd .50a Imp Tob Can 40a Ind Pipe L 10e Ind'apP&Lpf 6.50, Int Indust (.10g) Int Pa&Pwr war Int Petroi 1.50a Int Products Int Safety Raz B Int Utilities (A). Int Utilities (B) Int Util pr pf 3.50 Int Vitamin ¢.30) Interst H Eq .60 Jacobs Co Jer CP&L pf 6. 50 Jer CP&L pf (7). Jones & Lau Stl. KgsCLtdpf D6. Kingston Prod_. Lake Shore M.50e Lakey Fdry & M_ Lane-Wells (1) Lehigh Coal Leonard Oil Le Tourneau (1) Line Material Long Isiand Ltg Long Isl Ltg pt La Land&Ex 10e McCord Kad (B) McWill msLredg Majestic Radlo Manati Sug war Massey-Harris Master Elec .60e Mead John (3a) Memph NG.15e Mercantile Sts le Mer & Mfg A .10e M & M pt of (2a). Mich Bumber._. Mich Sugar...... Sales— d 00. High. 50s 22 1 21 50 6 3 14 508 94 450s 190 250s 116 1 17% 150s 103 1 1% 508 48 4 % i 1w 33 394 T 17% 1n Low. 2:55 22 22 21 2t b 6 13% 14 94 94 188 190 114% 114% 1% 1% 102 103 1% 48 % 1% 39 1614 36'% 3% 15% 15% 1 341 255 108% 6 8 2 6% 10 * 1 12% 100s 65% 3 3% 1 14% * 2% 2% 814 5% Y 2% 4 1% 6% 4% 284 614 211 108 lh‘ 35 20 1 850s ':\'lpissinz M 105 10'% 107 1214 107 | st St Re % 4 20s 103% 10314 9 9%y 20s 101 1 6 5 200s 42 3 6% 3 3 3 5% 100s 80y 2 & 461, 361 101 41 6% 3 5% B 1508 | Stnger Mfg (6) . Stock and Sales— Dividend Rate. Add 00. High. Low. 2:55 MidStPetB.10e 3 H % H Mid-West Abras. 2 2\ 2% 24 Mid WestCorp_. 6 8% 84 8% Minn M & S .60e_. 100s 67% 674 67 Molybdenum 266 44 9% 9% 9% Mont Ward A(7). 10s 16814 168% 1681 Mount City C___. 6 4% 4% % Mount Prod (.60) 1 6l 64 64 Muskegon .35e_.. 150s 15% 15% 15% Muskogee. 258 T Th T Nat Auto(.40e)._ 8 10% 10'a 10% NatBellaHess.. 5 & & 1 Nat Brew (2) 20s 27% 27% 2T Nat City L pf (3) 100s 46% 46 46 Nat Cont 20e 9 11% 11% 11% Nat Fuel Gas (1) 5 12% 12 124 Nat P& L pf (6) 2758 9612 95 964 Nat Rubber Mack 1 51y 5% 54 NEqAtednGar (2) R 2Teg A9 03 Nat Sugar Refin 4 1% 11 11% Nat Trans (852) 15 11 1% Nat Union Radio B % % Nehi Corp «2a) _ 68 68 New Idea (.60) _ 145 N J Zine «.50e) N Y Transit .25e Ntag Hudson Pw Niag Hud 1st (5) Niag S Md B .25 64y 7 5% 251 1 1 1 ' 150s 1 7 s 2 1 2 2 25s 2 60s 4 4 Noma Electric___ Nor Am Lt & Pwr Nor Am L&P pf N A Rayon A .50e Nor A R prpf (3) North'n P L 30g North'n Sta P (A) Novadel-Ag (2)_. 1 Ohio O11 pt (6) 508 3413 10612 10613 1064 *¥% A—19 Rail Loadings Score 2.7 Per Cent Gain During Week 618,810-Car Volume 13.1 Per Cent Ahead Of Last Year By the Associated Press. The Association of American Rail- roads reported today 618810 cars of revenue freight were loaded during the week ending last Saturday. This was an increase of 16,113 cars, or 2.7 per cent, compared with the preceding week; an increase of 71631. or 131 per cent, compared with a year ago, and an increase of 81,225, or 15.1 per cent, compared with 1938. The report classified the loadings as follows: This Last A Year Week _ Week Ago 264,051 + 714 +13.989 25— 5.838 1934 X Miscellaneous._ Less-than- carlot Coal Grain and~ products Western dis- Okla NG cvpf 5.50 1258 Oldetynie D Pac Gas 116 116 116 4 3 3% Peninsul Pennroad Pa ent Atrlines 2 % 16, Penn \\ & P4 67 Pharis T&R 15e i Phoenix Secur Phoenix Secur pt Pierce Gov (.2ie) Pioneer Gold 40 Pitts & L E 3.50g Pitts Metal Z5e_. Polaris Mining Potrero Sugar _ Pratt & Lam 50e Prudential Inv___ Pb Sve Ind §6 pf PS Ind $7 pr pt | Pug Sd $5nf 1.25k Puget Sd P $6 nf Pug S'd Pulp .50e Quaker Oats (5) Quaker Oats pt 6 Raytheon Mfg Rheem Mfg (1) Republic Aviat'n Richmond Rad Royal Typ (2Ze) s Paper s Pap pf 1t Dome O1] Scovill (.25e) Scranton L(.25e) Scullin Steel war Segal Lock Seiberling Rub Select Ind cv pf Sel Ind pr pt 5.50 1&‘ 4‘, | Sentry Saf Con Shattuck-D Shawin W & P .90 Sher-Will'ms 75e 400s Simmons H & P Simplicity Pat _. 16 98 14\) " 140 Solar Mtg oL 1% Sonotone ( 05e)_. 2 South Coast So Penn 0il 1.50 South n Un Gas So'land Roy 0se Spalding 1st pt Stand C&S (1.60) Std C&Sevpt 160 Stand Invest pt Stand U1} Ky (1) tand 011 O (1) and Pwr & Lt . Stand Prod = Starrett vie = Sterling Alum 14 391 Sterling Inc v.20) | Taggart ; Tra 1 150s 100s 16 1050s 29 o) 10s 150 3 4 1 108 20 5% 5% 1 10 6% s 106 i 3 26% 381 19% 32 LY 64 1% 901y 93 75s 1062 b S | 208 6 267x 225s 38y 125s 20 50s 32 64 11 901 981y 101 32 11 : 101, 100s 104 103 250 49 3 10% 24 24 6 37T 50s 112 481, 91, 23% 37 1115 112 1% 11% £ 8 8 6l 6l 20% 2 974 50s 1815 ] 60 50 8% 1 2% 34 44 18 304 47 T 1 104 1 111 114 6 T % 205 110% 110% 1 1% 13 356 5 Y 10 15% 15% | 2545 5 14 1% 800s 33 1 2 301 T 101 20 18 12 % 50s 30% 2 3% 2 8% 2 2% 258 94 10s 107% 5 81 10s 71 1 1% 18% 4u 200s 25s 1 1 1 1 12 i 2008 36 36 36 20s 164 163 163 3 4M 4% 4y 508 16% 16% 16% 1 3% 3% 3% 3 3 1 6 1 I s 1 | Walker Mining | Wentworth Mfg_. Stetson (J B) Sun Ray D (.40e) Sunray Oil .05e _ Technicolor = Thew Shovel Todd Shipy'd .Tie Toledo Ed pf (7) s-Lux (.10e) Tubize Chatilion Tung-Sol Lamp Udyiite «.10e) Unexcelled Mfg Un Prem F S (1) Unit Arct P 10e Unit Cgs Whelan United Gas Unit Gas pt 2 25k Unit G&E pt Unit Lt Pwr (A) Unit Li&Pwr of Unit Sh M 2 50a Unit Specialties U S Foll «B) Intl Secur ines pt U S Plyw'd .60e U S Plyw pt 1 50 U S Rub Reclaim Unit Wall Paper Univ Corp vte - Utah Ildaho Sug Utility Equit pf Utility & Indust Vogt Mfg (.20e)_ s @ Wellington Uil _ West VaC & C Western Alr Exp Will'ms (RC) 1 In DADKIUPICY OF recelVership or oeing reorganizec under the Bankriptes Act or Securities assumen by such companies Rates of dividends in the foregoing table are annial disbursement: based on the ousrterls or semi-annua' _deciara otherwise notea special of ends are not inciuaed a Alsc or extras d Accumulated dividends st vear e Declared or oald - veal 1 Pavable In stock % Paid vear hCash or stock lated dividends naid o1 declarea this vear ur Under rule ww With_warrants £w Without warrants ~war Warrants RN O G Baltimore Tobacco Market to Reopen Special Dispatch to The Star. BALTIMORE, April being closed since late last year, the Baltimore hogshead tobacco market will be reopened on May 7. For the last few years the local market has been closed during the period when there was little activity. The loose- leaf tobacco markets in Southern | Maryland also are scheduled to resume on May 7. .| Chicago Produce CHICAGO. April 18 live, 46 _trucks: firm. Hens. over 5 pounds, 5 pounds and under, 18; Leghorn hens broilers, 215 pounds and down. colored. Plymouth Rock. 22%i White Rock. springs. 4 pounds up. colored, 20: Plym outh Rock, 24; under 4 pounds, colored, 20: Plymouth Rock. 2212; White Rock. 22 bareback chickens, 17-18; other prices un- changed o Butter, 837.017; changed. Egas. (). —Poultry, steady; prices un- firmer: fresh graded, firsis. local, 14ta Cars, 17: Bsts, 16%: cars,’ 18%2. current receipts. 15%2; storage-packed extrns 18%2; firsts, 18Y%; dirties. 14%: checks, 14%. Potatoes, 125; on track. 487; total U. S, shipments. 766° old stock supplies -very heavy. Early Thursday demand very slow, late Wednesday demand fair, market _weak. Sacked per hundredweight. Idaho Russet Burbanks. U S, No. 1. very few ‘sal 2.00-15, mostly 2.00-10; U. . L300 Colorado Red McClures U. S No. a car fair color. 1. late Wednesday a car U. S commercials fair color. 190: Minne: sota_and North Dakota Red River Valley section cobbler: extra local, fow sales, Bliss Triumphs, no early saies re- ported: late Wednesday a car U S No 1. wached. 1.60 Ohios. 85 per cent S_No. 1 quality. 1 Jate Wednesda per cent U 3 A car unclassified round whites, ‘o sales Triumphs, U8 Ko 1. i Supplies liberal ~demand _slow, market slightly weaker. Carlot track sales and track sales less than carlot. 50-pound sacks Texas Bliss Triumphs. washed. U S. No 1. 1.60-75: U. S. No 1 Size B, 1.30 per bushel: crates Florida Bliss Triumphs, U S. No. 1, washed. a few sales 1.65-70: New stock— 25s 28 28 25 12 % & % 10 1% 1% 1%. California long whites, washed, 50-pound e ck: D0 vound et 58 e, 1, fow 100-poynd sacks. o. 1, few Sales. 2.55-60. Late’ Wednesday & cat U, . Commerciais, washed. 2.50 k Accumu- | 18 —After | Forest produets ore Coke 7 3 sizable gain coal shipments was rgsponsible for most of the rise in total loadings, which was of greater than seasonal proportions. The Associated Press seasonally | adjusted index of loadings, based on \1929 30, as 100, advanced to 685, | compared with 67.6 the previous | week and 59.7 a year ago. American Safefy lgzor : Directors Re-elected BY the Associated Press. RICHMOND, Va. April 18.— Stockholders of the American Safe- | ty Razor Corp. re-elected all direc- tors at a meeting here today and elected John M. Detjen of New York to the board in place of the late Samuel Mundheim. Detjen has been connected with the company for many vears. Milton Dammann, president of the corporation, predicted that its busi- ness in 1940 would outstrip 1939 sales and said that an intensive distributing program had been started. Net profits for 1939, after payment of all domestic and foreign income taxes, amounted to $860.237.73, he reported, or $1.54 per share on the outstanding 524400 shares of stock. | The directors will elect officers at a meeting in New York April 23. * Curb Bonds DQMESTIC Power i High. Low. 1P.M. 1103 1103 100 " 100 983, 983, a0 " 9 | Tl Pw & Lt Il Pw & Lt Il Pw & Lt 55 5 Indiana Svc 5s Indiana Ser Interst Pw 55 Mengel Co 41 Midlan V R R 55 43 Mil G & E 4las 67 Miss Pow 5s 535 Miss Pw & Lt 55 Nat P & L tis 202 New Ams Ga: New New New 10714 107% 106 ° 106 103% 104 6912 691, 693 o8 a9y 993, 10235 10234 10434 10434 109 " 109 Std G&F 6s 48 cv Std Gas&El 6s 51 | Std Gas & EI s 57 Texas Elec Twin C RT Unit Lt&Pw Unit Lt&Pw 6 Unit_L&R D 5las Va Pub Ser 6s 46 West Pa Tr 5s 60 | FOREIGN— Bied EL 61ss 60 A - Sex P_W 65 37 mat 1 Relni-soc s 55 AT-0 3113 3013 30%s With warrants. xw—Without war- nts n—New. st (5tp)—Stamped §Negotiability impaired by maturity. < %o 44 431, 431 163 163, 183, 0 kS Chicago Livestock CHICAGO. April 1R 2 t of Agriculture) 000 10 al market 15- 5 higher ' than Wednesday's average: frade now slowing down to a moderate ex- top. 540. good to choice. 180-270 pounds. 540~ good, 400- 5.10: lights (United Btat: Salable nogs 1085 0. ound weights. | und packing sOws. Salable cattle. 5.000: salable calves, 1.200° very active. fat cattle trade: steers and yearlings inciuding light heifers and mixed yearlings at new high on recent ad- vance: all interests in trade: most steers and vearlings. § moderate sup- ply above 11.00: top. several loads. 10.90-11475: ‘very little under 8.50: sizable supply to all interests. 9.25-10.50; best fed heifers. 10.00: common __and = medium heifers’ very scarce at 875 _down: cows strong. most beef cows, 6.50-7.00: cutters. 550-6.10; weighty sausage bulls. §.00 down |on fully’ steady market: —veaiets. 11.50 down on firm trade: light vealers. 10.00 down: with outs at 6.00-8.00: not enough | stockers and feeder cattle here’to make market: killers taking practically " every- thing Salable sheep, 8.000; total. 11.000; late Wednesday._fat lambs closed slow: 15-25 lower: largely a 10.35-50 market on handyweight. fed. wooled Westerns: two loads. 10.60. and one double. 10.75. to ship- pers: several loads around Ppounds. Westerns. 9.10; most throwout lambs. R00-0.50° few 'wooled ewes. 550: with clippers at 4.50 down: today's trade. lamb trade. not vet deve'oped: early bids least 25 lower on offerings held up 4. Paris Bank Changes PARIS. April 18 (7. —Bank of Prance statement as of April 12 showed (in mil- lions of francs Gold reserve, 84.614. unchanged. Balance abroad. 83: decrease. 3. Discounted cnmmel‘clll bills, France, 4.842; decrease. 212 ‘Newotlabie ‘Sils bousht 1n Prance, 7,325; increase, 72 Advances against securities, 3.473: in- crease. 42. Thirty-dav. advances against govern- ment securities. 315. decrease, 174. Temporary advarices to siste.” 20.000: unohang Circulation. 157,250 decrease. 645. Total credit to current accounts. 14.485: increase. 188 Ratio of gold to sight lsbilities. 49.27 per cent compared with 49.14 last. Bank rate, 2 per cent. Dry Goods Market NEW YORK April 18 (P).—The rayon market again wa< out in front in dry eoods dealings today. Inauiry centered on sheers and stanle brint fabrics. Prices were firm to sliehtly higher Business in' cotton goods continued on the slow side. Mills continued to aquote firm prices at a basis of 5 cents for 64x80, 5.35 vard prints [} A little new business was written in silk sheers. 1In general the market kept to its quiet pace of recent months. Sentiment in woolen goods Was more ontimistic although actual business was small. Prices were firm in all divisions. The total mileage of roads in Great Britain is about 179,000. K]