Evening Star Newspaper, April 30, 1940, Page 16

A—16 w¥x FINANCLAL. THE EVENING STAR, WASHINGTO D. C, TUESDAY, APRIL 3 FINANCIAL e e T N D 0 ST PRI, e FORMOnEL. D. C. Bank Clearingg TRANSACTIONS ON THE NEW YORK STOCK EXCHANGESIockleadersDrop By Private Wire Direct to The Star. Prev. 1049 Btock and Sales— Net. | Prev. 1040 Stock and Sales— Net. | Prev. 1040 Stock apd Sales— : Ahead o, Year A 0 G Rt s High.Low. Dividend Rate. ~ Add 00.High.Low. Close. chge. | High Low. Dividend Rate. Add 00. High. Low. Close. chge. | High.Low. Dividend Rate. Add 00, High. Low. Close. chge. H - By it e AR Net| 2% 28° Creamof Wneat(2) 2 28 +a TI b3 Mead Cpf(B)(560) 2 72 7216 721 + %| 244 19% Smderpke .. 11 234 22w 225 — % | FF@CIIONS 10 mn [ Hith.Low. DivioendRate. A4400. High, Low. Close, chge, | o1 0% CrosleyCorp ™~ .. 1 64 34% 295 MelvilleShoe (2)... 4 33% 331 331y — % | 12% 10% Socony-Vae 25e 2 11 10% = 10% — 9 5 TR T Ao A o8 en Con S¥5| 387 27 CrownCork&Seal 18 76k a5 6 412 Mengel Co 1o4n 4% 4n I 2% 2 SoAmGold (10e). 1 2u 2% 24+ Du"ng Apnl 2% 5 e Rt 1| 43u 3TmCrncaSptiwz2s 1 425 p v T'x Adams Express ___ 7 1315 Merch & Min Trans 2230s 25% 234 24% +1 | 29% 221 So Porto Sug (1) 26 20% 294 294 I' . 19% 15 Crown Zellerb'k.75e 35 19%4 Mesta Mach (1e) 1 30% 30 30% 30% 287 Southn Cal Ed 1.50a 304 304 30 aie e lng 421 AR G 89 Crown Zeller pf (5). 60s 94 195 17 Addressog'ph 1.40 - 3414 Crucible Steel 12 o e ek : 167% 167 o S Etes 16% 15% 15% First Quarter’s Total 8ia 48 . Alr Reduction (1a) 8%, 7814 Cruciblo Steel pf. 7 6 Alaska Juneau .60_. Also Sh 4 61 Cuban Am Sugar, 26% 27 Slight Early Gains . . 1214 Cudahy Packing i E oI SNens Fonge el L » : Wiped Out at End; Gain Over 1939 125 91; Alleghany pt xw 12 26 Cuneo Press (1.50)_ % 18l Alleg Ludlum 25e Volume Picks Up 10 314 Curtis Publishing _ 24y 40% Curtis Pub pf (2k)_ - . 125 9 Allen Indust (.2de). 2, oo L1 Wiigis By EDWARD C. STONE. e e o 275 Curtiss- Wr(A} 80 Bank clearings in the Capital !n‘I 16% 131, Allied Mills . l‘:“c““"'"““"" 2Be ; S 5 9 T Allied Stores Davega Strs pf 1.25 " | = April scored a sharp gain over April, | o + Allied Stores pf(5) 111 Dayton P&L pf 4.50 1939, and were the highest, with a g 4 Allls Chalmers 256 195 g‘ere&co i e 6 1314 Alpha Port Cmt.50e = e S CoIREIRaN) single exception, for an,\v April fmrp 185 Atale ea dher Deisel- Wem-G .375e 1930. and at the same time indicat- | 41% Am Airlines ing excellent gains in business, ac- 'x Am Lank Note Del & Hudson 46 Am Bank N pf (3) . cording to monthly report of Man- 5 < J Miami Copper, .20e Mid Cont Pet (.40e) x Midland Stl P(le) 11 10% 10% = ¥ 15% 11% Southern Pacific .. Ll ++4+ 2 4 15'; 156% 15'% 20'z 14'; Southern Rallway _. 3 38 38% % - 347 25's Southern Rwy pf . Mid Stl Ist pt (8) 120 120 G B + Sparks Withington. Minn-Hon Ros (2a) 2 53% 5314 Spear & Co Minn-Moline tmp 4 4w 4u Sperry Corp (2g) .. 6 1 1 3 wanmn O DS - 2 Misston Corp (.658) 10 10% Y 1 29 Spleer Mfg (le) __. Mo-Kan-Texas Mo . Spiegel, Inc (.30e)_. Mo-Kan-Tex pt 3 3 Square D Co (.30e)_ Mohawk Carpet 250 6 16 % 6 Stand Brands.20e . Monsanto Ch (2) 5 118% 117 % 28 3% Stand Brds pf 4.50_ 2 Monsanto C pf 450 50s 11% 118 of i Stand Gas & Elec__. Monsanto pf B 4.50 121% 2 Stand G&E $4 pt ; Montg Ward 2 501 5 i Stand G&E $6 pr pf. Induse, Rads. UL, 81 Motor Products . 14 2% 13'x Stand G&E $7 pr pt Net change .1 unc. +.1 unc. Motor Wheel (1.60) E 17% £ 2;:: 3}: f‘;ffl:” 22% 5 Today, close 720 188 39.0 502 Del e audsn Mueller Bruss _ 23 21 £ - 54 Am Bosch . Prev. day . 719 188 339 502 i Sy Stand Ofl N J (1a) Detrott Edison (3e) 3 i’::;“i::’”':am ol sl 64 Sterling Prod (3 80) Month ago- 71.7 188 390 501 iam Motor 2 Ty b < ager George H. Bright of the Wash- | 45 384 Am Brake Shoe 30e | 2 AmCan 4) Distill-Seagr (2) 5 19 ¢ T osteStL Le i " s ::z::l';»B“r,:lr:::s 4 e ? },;:or fif’é’h,i gg.g 21’63 3‘3.2 3313 ington Clearing House Association. | ARt ! e yonid ’(.';.zf‘l?"’gs’o; : : Natlviation = 2 14 o enace 9% 9 }g;g i]:;“h L gg-g ;gg 332 233 April clearings in Washington to- ‘ Am Car & Koundry. 29 3 | ¥ Dome Mines (2) 1 8 N T acuinC Ele). 564 Sun Ofl (1a) _ B30y 8 . s i el ar & 6 i) it Natl Biscuit pt (7). . s 2 1939 low _ 588 15.7 33.7 416 taled $115.580.390 04. against $99.730.- | Sl 38 am Las fi‘;fl(';v;al 3 " R e : 4 Natl Cash Reg (1) 8 4 ’sfifiaon’;ln:'n;f){d b ' 563.70 in A.pnl. 1939. an increa :\ (?f b Al GORE A tons L ! | Donhiliinternatl 1 4 ; rr:azln g‘mrv .'xiy 5 i 41 o7 Superheater (.60) b | 60-Stock Range Since 1927 $15.849,826.34. April clearings were % 10': Am Crysta) Sugar | 18 Du Pont (1.75e) 11 3 atl Dairy pf A(7). 10% 3 P 2 Buperior Ol > 00 higher than in any month last year, %' 1% Am & Foreign Pwr 3 - 6 Du Pont pf (4.60) _ 1 . N":: B""VJ“ B(7). 109% 109 k 810 Siiperior Stael. .. 53 571 eyen December. 18 Am& FP6% pf.e0k 3 3 P p - Duquesne 1st pf(5). 30s 515 115 " il |rffll.fi;::e.’z) s 7 28% Sutherl'd Pap 1.20 9%, 26 < 33.7 16.9 61.8 Clearings in the first four months | :,l“ Am& F P 7% pt.70k 3 2 2 E t'x 26': Bastern Aler,n-u o % A P Natl Gy b= 9 4 Swift & Co (1.20) 0 totaled $426.154.672 al 2874 Am-Huwian SS (1) 78 " 1y +13 » Eastn Roll Mills _ 90 B e Swift Int) (2) ) 29% 29 9° (Compiled by the Associated Press.) ot 194? ”m. Q)N(QSRZ 80”» 301 ’R’? ;fi‘“.\. 4« Am Hide & Leather 6 A% § stman Kodak «6) 2 \::: 1 ’\‘r: T“i,:lf el Syming-Gould ww.. compared with $350,800 321 &3, L VERY 1061 SBl Ay HEvel v (ie0) 3 2 ton Mfg (1.a0¢) 2 3 5% 35% R e D et : | Syming-Gould xw__ == p notable increase of $44.349.350 63 aver e - : s A Natl Lead pf(E)(6) 503 143’3 14315 14 Do e : By VICTOR EUBANK, the first four months of 1939, 506 Am Inv 11 pf (2.50) . 3 Slec Auto Lite 75 5 ? - 2 ;\3': -P"‘“?E“’ . 5. 2 5% Tennesses Corp) 1. 2 s : Associated Press Financial Writer. April clearings were not quite up 181, A Lucomouve 2 19 g 91 w1 llectric Boat 60g - 63 E ,\."1{] “";:fi ‘El'm” - L . 4 7 Texas Corp (2) 9 atn 4c NEW YORK, April 30--Stock to April 1 when thev amounted S1's Am Loco pf (1k) 3 3 Slectrie & Music . 3L L e T Nat) S TSty B R Tex Gulf Prod(.10e) market leaders displayed slight re- to $115.715.484.33. Clearings by 13 Am Marn & by 80) 1 3 ; .I;:llee lI;Wv ttlg? . ; 59 Y % 3's Natl Tes Co b- > Tex Gulf Sul (2) P 341, 34% 12| covery leanings during the greater months in 1940 compare as mum\-s; ¢ 10s :'1‘1\1;\(.1'.\; I;nlnnf . 2 1 E meez P:: & L: ;7 ;;t 1 » 3 Nawrort Indus 5 - g:ex Pae L,{: Tr 10g_ : 5 5 {part of today's session. but most with the like months in 1939: o 4 P Bt b 4 Bt B N Y Central _ 30916 MR Tgi‘;;f:~;“’ Q- backed away In the final hour. 1940 1939, | 51y Am PX&L $6pf 225k 3 5 564 iy : Paso Nat G (2)_ 3 ' N ;‘;}"'fs; Lpt.. i s o 5% THorrsofA gt s ; 1 — 1| Wall Street seemed to work up a January - $107.137.093 $96.424.508 } Radiator .21 6 42 dicott-John (3)_ 5la 45! 2 NES b A0 . | Third Avenue . 5 “|little more gloom as the result of February g 180 82,733.900 5 sl s o SO R B il i YNH&H (. D Rl Thompson (J R) 5i | the latest allied reverses in Norway. March ... 284,000 103916350 | e Tam : ] & Pub Svc pf 5.50 415 84 26 “ N Y Shipbilding 5% 26 [t i~ Thomp Prod (.25e) 3 +|Early quiet buying was attributed April a9 9 ; el 2 | ‘ 1o RIX (1) : : 21 N ¥ Shipbg pf 175k 3 ,;‘"fl","‘\{"l':"\:""’:f"(' 2 ? z mainly to domestic business hopeful- March Telephone Net Dips. 1 Am S & Kel pt (7)1 1443 5 A% 2 Erie RK Ist pt (r)_. 2 s ::; I'\‘:v“"{\:"*“'z"(j; 2 | 205 Fiians Pret Ax 617 » 1 2| ness inspired by numerous first- Net income of the Chesapeake & 6312 Snuft 1 Bty irie RR 2d pf (r) _. ] E No Am 6%% pf 2.876 4 - 6. Timken R B (.40e) 8 4 % | quarter earnings statements. Potomac Telephone Co. in March A4 AmMS ”fjlv‘;l,w - 0s 2 ,";1';2‘;“‘,::;‘:‘":; Cl- diin y a6 No Am Co 6% pf (3) ? b : 5% Transamerica (.60) 9 ; 5 5 Dealings were negligible from the amounted to $162.465. against $167.- 3 ke :\ .{ne.’ e ;l. : ! 08 D B i 5 9 Northern Pacifie .. . Transcon*' & W Alr 4 4 | start, but expanded a bit when last- 671 in March, 1939, a small deciease il x 7 ki 3 Norwalk ire E E : Transue & Will .15e 4% ! minute selling came into the list. = lei & l'ei (9) 8 " # s irbanks Co pt . A 3 ! - 26 PTG ’ K i i . of $5.206. according to the montt e, 8 y ; g NEBiis B1Grae (1a) 7 a2 Ohio 01l (.26¢) & o '-!”l‘hk(r‘):r:;:i'\'l:‘:lx Transfers were around 600,000 statement just filed with the Public| 914 86 Am l'ovacco(B)(5) 10 § 9014 Fajardo Sugar 50e. 27 1 ;)’"‘" Farm Equip. 4 21z Twin City Rap Tr 2 i shares. Utilities Commission | 5% 4% Am Type Founders. 4 , Fed Min & Sm 25e_ 3% 29 gl 1 gonnbiycoy : g Dt G e ot : ] DG Al Atk Operating nues totaled $1-| 12 8% Am Water Works 4 bE fecro Bnamel (1a)_ 6 ‘s i Jlen & Co (r) £ iy . utilities gave a good account of 0B0/o15 Compared with $1024713; | 1014 A LR ! R LR LI o : Y B eaee i : Un Bag & Pap .15e). 7 o« 7 " themselves in the forenoon. They operating exvenses called for §755.- S oo Ly | hitesid m"fs,“ L & ¢ 4 OWene:Tll GI (1) ; 7 ' 7% Union Carb (1.10e). 3 3 {eventually slipped. o et Eea 2. | o : | ) 3 > y P i Union Oil(Cal) 50e. 2 5 5 While fractional gains were re- 557, azainst $723.180: taxes. $163.00: 5 waen i | “21% 184 Flintkote (1g) . 4 5lv Pac Am Fishertes . 26 9 Union Pacific (6) 4 . L as compared with $95.714, leaving ar s K inc prpf . i 21, Follansbee Bro (r)_ ¢ 1cific Coast 3 i Gl b nion Pac pf (4) . Prsbal A 5 tained by scattered favorites, losses Unit Afreraft (2g) - : +1 lof fractions to a point or so were i well distributed at the close. There P41 41 oo FEESEF F OFEF oo S LR Stock Averages T aBRewmoen s S 5 15 60 T+ +++ [N ——a® > SR E 0O N1 P D i O 1k N 0 1 I =3 i e 0920 208 Sl 5 3 4 b : 6% Fos 23 Pac Coast 1st pt operating income of §208,900, in com: 26's Anaconda 93 i 9 | Foster Wheeler _ g A C L p‘;l son with $205.818 a yvear azo. 19 Anchor Hoc Gl.15e i Foster Wheeler pf_. 3la /8 48 bac/Gosscidipt L ¢ £ 3 it Alr Lines Interest deductions called for $49,- 110% Anchor H Gl pf (5) . 508 112 5 : 37\ Francisco Sugar - 1 k 3114 Pac Gas & Elec (2)_ 1? 355 while this item a vear ago stood ~ 5% United Biscuit 3 6 5, were a few wider setbacks, the > WP ree S Pac Tin Consol .20, i 5 ; . i E:AE v Paper HesporCoRivh G- § Sioin ool fos = Unit Biscuit pf : : ; . recently buoyant Loft stock being 1': Arch-Dan-Mid 35e 2 3 331, 1y ir tRovert) Carb e 2 1 e £ 5 on (3) at 29. 110 1061 Armour«Del)pf(7) . g iair (Robert) pt g 4 DAl 1 Motor 2 Init-Carr-F: p While March net i were| 7. Al. Armour v111) h 13 mewell Co .75¢ B Pan-Am Alrwavs 2 1 ¢ g {‘g;:;,agg;;m 30e the past weck were subjected to not quite up to last yea income | 644 46's Armour <11 pr pt 2 601y ' 5 1y vlord Cont (.10e) -Am Petroleum United Corp pf (3)_ in the first three months of 1940 was | 43% 37 Armstrong C'k .ive 2 jen Am Invest + Panhandle 3 among these. Strong specialties of profit taking. | 3 * . 2 | P Lok : o A United Drug G : e . Contesting the downward trend | 11 10 Arnoid Const 375e E E jen Am Tra 2.375g_ g s aramount Pie =012 ‘ tead of 1939, the report stated.| | X o S 2 Unit Electriec Coal s B " | were General Motors, Briggs Man Ia\');:a( nings in the three E 5 c 1iry Goods L % jen Baking (.15e) ki 1 =% Park L h M .10e DG 2d 11.50k 2 n Bronz Parke Davis ( 80e) 1 3 2 Unit Eng & Fy (ie) 2 3 3 g ufacturing, United States Rubber, monthsiofilbilamonied to 8 SR1D Fhin e invest pt (o) Ger Ganlon > 91, Pathe Film 3 " _ United Fruit (1) perry, Consolidated Edison, S compared with $160 mn the like \ 3 - United Gas Imp (1) 2 rd O i ers 3 Atch lop&Santa Fe n Cigar 25e D% Fatino Mines - : 3 Unit Mer & Mtg 508 Ly o ey s Co, 1939 period. a gnin so far this year| 571, Atch T&SF pt 2 50e 561y ; L 113 r ot (1) 1 S S Eanney IGH(Tbe) Unitea Paperboara of $18,208. . AUGUIT & W ind n 4 jen Electric (.35e). 3 3 Sk Eeiin; Dixle Cement i d Ehinre Ravor r and Bohn Aluminum 3 S Dis; Th 1 8 telephones in At Gult & W ine pt 2 2 n Foods 1 i 2 Penn-Dixie Cem pf 2 2 Distributing pf thout much support at the fi S . g firoad (1g S& For Secpf(6) 2 94 } X i e United States Steel, Bet gervice in W on at the end of Ati Kefining (1) 2 | Gen Foods pf (4.50) & R el - 5 Gypsum (2) B lehem, Montgomery Ward. Santa g Atlas Corp ( 50g) Gen Gas & El (A) < 33 Peoples GLI&C(le) E 3 E + 7 March, 1940, was an increase | GEATE g g ‘ 9 313G ot MiTlx (CR) H Peoria & Eastern p E U S Indus Alcohol 27 Fe. Kennecott, Anaconda. Interna=- B Y "hones r the previ p: e o = 2 A ik - Py >, y 33 i o U S Leathe: t - . o T refer Tnit - of 1,303 telephones over the previous R e I 4 ST CenMETo CThey < Pere Marquette pf 2 e O tional Paper preferred, United_ Afr. month. $% 6 Aviation Corp 3 " n Outdoor Adv 3 3 k Pere Marqprpt .. 3 4 3 3 [ p I Y o 3 g craft. Glenn Martin and Great Telephone users in A 11 Baldwt % 371. GerOut Ad(A) 2k 54 541y 57 2 Pet Milk (1) i ] ; SR & Northern. ¥ 12 Loco ctf: e S : Ity & Imtr) made 32022000 calls during the el 7 | Gen Public Service_ Potrol Corp (708)_. U S Rubber ] month. or 4.302.000 more than in 38 Bangor & Ar pt (5) 505 g 5 n Rwy Sienar _. 7 i 7 " er Brew (1) _. ) 7 J S Rub 1st pf (2e) Mazch. 1939, the report said 104, Barnsdail Oil .30e _ \ ek §{=§"‘f u s Ehadle] (s n & Ref (Ze) S e o Sk ‘ Sen Refractor . 29 i g W+ Sm & R of 3 50 Gas Stock Placed on Sale. e 4 Gen Shoe (1.20) i 14 . Phila & R C & 1 (r)_ 531 U S Steel (le) __ 7 + 6 TR ngton finar BecchiNut BEk i) . : . 24 Gen Steel Cast pt ] s 291 - Philip Morris (3a) - q 9 97 g tockyards o T 5| By the Ascociated Press houses | i the issue 5 - Her (406) 9. Gen Telephone 1.20 e an 5 Th « Phillips-Jones = g i Init Stkyds pt 70 _ \ : CHICAGO. April 30—A 24490 shar f ) Y S 3 6° Bendix Aviat'n (le) 24 g 3 i n Thea Equ .2 4 Y bl BiillipsiEetnol 12) Lo 98 " Unit Stores (A) g nervously much of the ses- 5t BERee i Lear s 5% Gen Time Inst 1% A 210 Phoenix H pf 1.75k E 54 | Univ Pictur 1st pg 1 .| sion, wheat prices fell a cent or Ligh! 3 3 2 ien Time Instpf 6 1 X Pierce Oil nt Vaa 2 vertible preferr placed the| & l’;:jvl:li: :.finlt 50 2 5Tre &t (6lio Pilisbury Fl (1.60) - 2814 & \imat:una_‘m - 3 more today. 3 I stock on sale today at $103 per 2 c § i lette Sat R (.60) 3 Pitts Coke & [ron a y VieklClidmica) (2o} 5l Tl ,Possibility of moderate dsh\:m;‘ share and accrued S 2 : Gimbel Bros = 5 Pitts C & Ir pf (5) 313 2813 Victor Chem (.30e _ 5Ty on By conteiets, i The underwriters are Y. £. Book- Black & m‘;k"‘ 250 3 o Gimbel Bros pf (6)_ " 2 Y hie Pitts Screw 15e g 3 Va-Caro Chem i ’7 2 ' — .. | led the decline, caused some sellirg, - er & Co. Johnston, Lemon & CO..| 113 91, Blaw Knox 8 N 3V 24 Goebel Brew (.29)._. 2 6ta 2 Pitts Steel pr pt 5 k 51 14 615 Va-Caro Chem pf < 7 .| but the market also was infiuenced Folger, Nolan & 0. Auchincloss,| 284 19 Roeine Airptane 21 - K108 Goodrich (B - 1 d : ALl S 13% 13 Kl 43 Virginian Ry 625e 117 by favorable weather over the Rrain arker & Redpath. Brown. Good-| 28 21t: Bohn Alum'n (.25 B 5 T 2 ivodrich(BF1pf(5) | L yImon IO 808 : 5 31% Virgiman R pf 1.50 23 3 2 1, ! belt as well as heavy terminal mar= i bW, W. Mackall 17 Bon AmicAr(an) | 10< 118 Lo ese : B i 1 bash | y M B GeR EE 'n & Olds andy W. W. Macka 7 Bon AmitA)aa s | S A 5 : | B : abash (r) ket receipts on the final day :;r(ln& ThlrS und@vriters ‘%o have bondistanesiin 60) 290 4 o b - e AT Waldort System 60 s s T+ w] rscicmpnopn of grain under Gov- 2 v 11 % | « Borden Co (.6le) 4 23 ! i : " : 162 = ; Walgreen (1.60) [ 2 T It supplied the stocifgto other iocal in- 1%, Bore-Warner(.0e) 1 | 2 E « Pressed Steel Car J Wallker ( = * | ernme; oans. ot « Dorg ' € 2 B ~ N N 5, 1 o P E 30 Thea 1aced 1 » vestment firms foff their clients. e oy 5 3 | 864 314 Grant (WT) 1 Gy Pressed Stl C 1st pf g 13, “.a“:‘:r":)’ r:f‘tl) 3 Wheat closed %-1'; cents lower subscript®dns had been re- & Brewing Corp ( 60) 1 ; arestnonth Dt — : 2 g"’cf"“ (iam ‘3“' 5 " 6, 5% Walworth Co .. 5% 6% 64 than vesterday, May, 1073-%; ceived in advance of the rale and 10, Bridgeport Brass . 49 3 3 | eat Wn Sug (2) . 270 1 Proctor & G pt (65) & 5 Ward Baking (B) x July, 106%- s cent, ittt 0 thel nnanohl L1910 Briggs Mtz « 50e) 58 p 3% Great Wn S pt (7)_. 3 3 2 S eubicivos e 3% Warner Bros Pict 3 5 down; May FasS menoliee, st anang I Bristol-Mvers 240 1 511, BURRCreen L IGE) 3515 88 g Eub Syl b ' Warren Bros (r) . 1 1 ] oats. -1 1 rict today tk here is an ex bl o ¢ il Greyhound (1) 5 5 : Pub Sve 0 3 3 P 4 = . ‘ g 5 + 13'. Bklvn Man Transit , = Waukesha Mot (1) cellent dem the stock. The 49 Bklyn Man T Greyhound pf (.55) : - 24' Pullman (.25e) 2 2 v £ S 7 i S q 3 Man Tran pf G ke Al 5 5 Bl Ot 2 . 4 3. Webster Eisenlohr gas compan s jutt made a fine g3, 48 Rkivn Man pt ctfs Etunigian | rcat : e O ol Wesson Oll & Snow report for March and the first three | 4+, 1. Bklvn & Queens G niare : i 28l i o Johm : West Penn E pf (1) months of this vear 9 12'¢ BKlyn & Qu pf ctfs RRtinR o0y : 3 o re ClEpfaton 9 ¢ b . ‘. W Penn Pw pf 4.50 ! g i T T e Hall (WE) Priz (1) 1 : - Eurity Bak (;25e) 3 2 W Va Pulp & P .15e Loan Reseurces Work Higher. 85 Browh® Hanna(Mipf(3) 3 3 Radio Corp (.20e) _ 3 3 4 < 1 Brown Shoe ( ! West'n Auto S 12) F. Willson Camp. secretary of B T G e « Harb-Walker (.50e) 2; 5 5 .| 68 “x Radio C ev pf (3.50) 3 67% 6 West'n Maryland _. the District of Columbia Building &1 Bucyrus-Erie __ Hat Corp (A) 5 3 Radio-Keith-Ur (r) West'n Union Tel and Loan League, reported today h 44 Budd Mtg Hat Corp pt (6.50) . 2 0 1t . Raybest-Man 25e _ 211y | 284 221 Westh'se A B 50e that resources of the 28 asscciations 37« Budd Mfg pt _ Haves Mtg Corp 2 3 8 3a + é fl.n\.omev Inc = Westhse Elec 1.75e climbed to $147.492.000 in March, 4% Buad Wheel Hazel-Atlas Gl (5). 2 | ayonier pf (.50k)_ 3 Weston El Inst ' % | ) Bullard Co ( 25e) Hecker Prod (60).. ¢ } s I Reading Co (1) . 9 Wheel&L E pf 5.50 e hest point on record 2 = 3 25 . 2 2 % U ot the highest pi 1 2 « Bulova Watch (2a). Hercules Mot 25e 2 i Is Reading 2d pt (2)__ a: Wheeling Steel Mortgage loans outstanding. which 18 Burbnzton M (1) Hercules Powd 60e : “~ Reliable Stores : 101 100 Wheel Steel pf (3k) totaled $134.079.000 on March 1, 104 Burr's Add M 206, Hercules P pt (6) g 84 Reming Rand ( 40e) t 71 66'. Wheel Sti pr pf (5) moverd up to $137.264000 uring the | 3'x Bush Terminal .. Hersney Choe (3) i G4t J S R T i 101, White Motor month. an increase of 185.000. | 612 Butler Bros (.15e) . ::e;v‘snc_v cv pf (4a). v 2 =1 '[;9““;;““‘ Nl‘;j S : White Sewing Mch = ol e 2 Sug = i . ? 9': Rep Stl ev pf 7.50k_ White S M During March 798 leans were put | 0% Butler Bros pf 1.50 . DUy Sugar : 1 s - = ite S M pr pf (2) 23y s o e ot 314 Butte Copper Homestake (4.60) _ 3 : 5 5 9 Rep Steel pf A (6) Willys-Overiand _ 26 34 g e g o Houd Her (B) 5 Revere Copper 3 Willys-Ov , $4.003.950 Calif Packin < s, ~ . - Willys-Overl'd pf__ 6y e £ fhe mortgazel Ll TR e Howe Sound (3) | 30m Revere Copper (A) 3 WilshR & CL = preakdown of n A X G Fan b 4 1 Calumet & Hec loans disclosed that were con- Hudson Bay (1e) 2 B Revere Cop 5'4% pf Woodward Lron 2 26m 261 8 ¥ s 2 Hudson Motor 51, . Reynolds Metals W 45 P = b g iy 6.50 9': 131 Camphel! Wy 658 _ L colworth (2.40) _ 10 401, g0 : struction, 214 were new homes e L il Eupp Motor 5 | 43 V'« Reyn Tob (B) (1e) Worthington Pump 284 2ok oo Chicago not previously 3 le 359 5 IGAnaAlan Pacife i T 51 & 2 4% 9% Llinots Central | B :;';‘,"e"eg‘“{}lhfifis) Worth Pump pr pf s e represented other lcans g Caro-Clin & O (5) 308 [Soi ool s CLICE) . e e b -- Worth Pev prpf 52 51 - Wright Aero (2g) _ 121 o 1 ; e e ) Indust Rayon 50e . 3 5 3 Sateway Strs 75e The league’s March luncheon was arpenter Steel 50e Inland Steel (le) 2 g 9 2 Safeway S pf (5) Wrigley (3a) e ¢ Yale & Towne (.60) 23 3 held at the Raleich Hotel this noon, Carriers & Gen 0se [HapiationiCoraes f | 3 foneph eadi(1). m Yellow Truck k18 175 3 e 110-1.10 Barley William N. Payne. jr. presiding. | O el A Trac (D) Interchemical( 80e) | L-San Fr pt (r) Yellow Tr'k pf (7). 50s 121 11915 1191, L e Transit Dividend Urged. | 174 e Interchem pf (6) _ 30 110¢ | 91 Savage Arms ( 25e) i Some of the largest Capital Tran- | 97, Celotex Corp « Interiake Iron 05 4 Schenley Distillers Young Spg & Wiri 123 128 pRactizad 2 Intl Agricuitural § Schenley pf (5.50) Yestwn Sh & T 25e 43%, Winnipex Prices, 14'; Zenith Radio (le) 16 16 16 WINNIPEG. April 30 (.—Grain range sit Co. stockholders declared in the ‘s Cent Aguirre (1.50) Intl Harvester 1.60. o | Schulte Retail S (r) Approximate Sales of Stocks on the N. Y. Stock Exchange | ' P'7¢/Psl marke:s today. Prev, financial d ct today that the di- é 2% Central Foundry Il A miAn Intl Mercantile Ma 11:00 A.M. 130,000 12:00 Noon 270,000 : High. Low. Close. Close, 1:00 P.M. 330,000 2:00 P.M .. 4001000 |pgarneat— rectors should declarc some kind of | 1141 111'« Cent 1l L bt (4.50). 708 Inti Nickel Can «2) = 6% Central Vio Sugar . a dividend at their May meeting. % Gentiry Ron Aine i 2 The cl that the shareholders Intl Paper & Power Seaboard Oil (1) - 1 90 K85, SR, g3 Intl Pap&P pf 1.25e 4 5 Sears Roebuck (3)_ Total Sales for the day, 590,000 July S, 2 gnis ol ; e ; 6% Cerro de Pasco (2e) are clearly entitled to some return 6'x Certain teed 6 AL , e S = Intl Shoe (1.50) __ : 3 . Servel Ine (1) sUNit of trading 10 enares | October™""27222 paay 8217 233 on their investment is based on the| 3 Rl OSHt hitepd DL Intl Silver i : s, Shattuck (FG)(.40) i rn oankruplew or receiversnip or being reorganizea under |, OFlS— " ar March report, made public a few | 21 Champ Pap & F 13e Intl Tel & Teleg . ] . Shell Un Ol (.60) o \'| Bankruptey Act. or securities assumed oy sich companies May E ot} o " | ! 2 ! : 2 i S 01 —_— - days ago, which showed net earn Al i S Intl T & T for'n cfs_ 3 3 ) Shell Un O pf (5.50) 612 1061, o L 5 “auarierly ‘or sermt Brinia)” Aotians: ings of $79.735.09. against $51,126.81| 430 4 Ches & Ghio 12.50) Interstate Lept Str. ; : | 24 20, Simmons Co 4 200 o ey ¢5* 0tMerWise noted special or ‘extra dividends ‘are not | in March, 1933, a substantial in- o (‘h: l\'lla!l Uer:h;»r(r) Island Crk Coal (2) 2 82 : Simonds S & S 40e_ 23% | XBx dividena xrEx rignts a Also extra or extras | New Ol’k CO"OH crease of $28,208.28 or 552 per cent. e iChI MRt Jarvis (WB)( 375e) Skelly O1) ( 25y 2 21 | g accumulated dividends paid last e Declared of gaid so | < Chi P&P pf(r) i Bl 283 Sloss-Sh pf (6)cald 1180s 1128 1121 11245 + 4 | (AT _this year {Pavable in stock 't Paia latt sear “h Catp &0 | By the Associated Press | NEW YORK. April 30.—Cotton Net earnings in the Arst quarter | ' Chy & Northwn (r) : ] : Stock & Accumulated dividends aia or declared’ this veay were also 32 per cent ahead of last| 46 Chi Pn T pr pf 2.50 : Jones & Lau pf (1k) £ i 5 | Kalamazoo Stov 50 i futures moved irregularly today as year, the report revealed. The tran- '« Chi R1&P 69 ptir) e ey : : 1 . t ) ul el A0S Rl O : Bank Loans Reglster Ford Wi” Take Insurance Stocks the result of domestic and foreign sit company paid a 50-cent dividend 2 l’l*l‘ (‘::’ ‘)'('“:Wé‘fl'“&;‘« % l itchi i on December 20 last, the first in five =TI REun O = 2 i o NEW YORK. April_30 (P —Nat. switching operations. b KelsevBaves (5] v 94 - | $11,000,000 Decline | Assoctation Securities Dealers. Tnc.* ""*' | Some liquidation accompanied is- vears. Stockholders feel that at| AmiChilde Co | o i Kennecott Cop Z3e. 2 a, | By the Associated Press. Part mn nnual le. Cas (4a) . 5 “ | suance of 23 May delivery notices, A 2 | 79'; Chrysier Corp 1 258 least another 50-cent dividend . City lce & Fuel 30e < 4 k OGS f . R Kinney (GR) $5 pf_ 40s | Banks in 101 leading cities report- etna Life (1.20a) | but today heavy rain in the central Kresge (SS) 1 20a.. 2 9 should be declared at the coming 274 City Stores 8 | A | SRS 2 2 2ot L"ed to the Federal Reserve Board{ Auto Show Am Eauit (1) 271, 1 Cotton belt restricted decisive sell- meeting. 23 Clark Equip (la) Am Ins Nwk (1 v lac ] ! Clev Graphite( 40e Z : e - ing. ! vert Vi That would place the stock on a 2 pl ) Fncledeoiept 15 | yesterday that commercial, indus- | Am Reins ‘(1.60a) g. Late prices were 2 lower to 1 '3 Lambert (.75e) g $1 yearly basis, if a similar amount | 5lx Climax Molyb 1.20 : | 3 By the Associated Press. | Am Reserve (i32)_ 2 higher; May (old). 10.78; July (old), Lee Rub & T (.75e). 29 g1, — s, | trial and agricultural loans declined| DETROIT. April 30.—The Ford | Amomariy (57 = 10.52. and December (new), 10.03. i (Ta) C Leh Port Cmt .75e.. 4 5 14 | last week. Motor Co. announced today that it|Balt Amer (20a) Futures closed 3 higher to 1 lower, 2 Leh Port Cpt (4) _ s H Old contract i oston (16a) 4 - 5 : 5 In these cities, business loans de- | would participate, for the first time, | carolina (1 501 o tas Leh Valley Coal _. * ! - Chrolinat (] a0 SEEes | May s Leh Valley Coalpf. 3 3 1y 3 % | clined $11,000000 to $4,419,000.000. | in the National Automobile Show at | Sy OLN ¥ (1200 *22727 e it Leh Valley RR (r) K 7 The Chicago banks led the decline | New York October 12-20. Contin Cas (1.20) ___T. $14 | May Lehman Corp (.40e) with a reduction of $9,000,000 in' 4 : Fid & Dep (4) 3 July Libbey-Ow-IF (1e) - + business, 1oans iy The company is not a member of g;gm;’c Nwk (40)__ 1, it 8222";;., 11:"”( Dot AR A i ; : the Automobile Manufacturers’ As-| gen et ey |fanuary” - : 2 iati ] | Georz Hon 5 E i ¢ e e L Foreign Exchange sociation, which sponsors the Na-| Gicns B ('8 == Midding spot 109'4 105 Ligg & Myers(B)4a q < X P i = ' . n Nominal. tional Show. Heretofore it has held | §lob® & Ren (1) _ 80 Ligsz & Myers pf(7) g g 9+ NEW YORK. April 30 .—The Canadian it B C an independent showing at about|Gt Amer Ins (1a) W, Cottonseed Oil. 2314 2 dollar held its ground tqday while the - . - 2 2R ol Cind 20 ; Brifisn ‘pound lost & substantial part of | the same time. Hinover (GLS) yesterday's brisk_ runup in relation to the Hartford Fire (2a) 5 &4 | Bleachable cottonseed oil futures Link-Belt (1) f » | dollar. - Home Pire Sec : T e Home Ins (1.90a) 2 > i closed 1 to 4 lower. Sales, 67 con= Lockheed Airc.. 5 i 3 Sterling lost_1 cent. but the Dominion . Eome: (1.2 3 [ 2 e . 3 T e 3 3 in| remamed ot 83ty United States cenie. | Ajrcraft Products Knickerbocker (1) Bt R Pressure against the pouud extended to * | September, 691; October, 691b; 50 361 5 | Lincoln Fire | , 6915 s H Loft inc other European monies. The French_ franc December, 6.95b. 3 43 5 dipped 007> of a cent. the belga 02 of & | | M. M Moxyiand Cas tg:;g:“lc;z::” cent and the guilder 01 of a cent. The Firms Plan erger Mars Bond (33) New Orleans Prices. NEW ORLEANS. April 20 (P).—Forei = Swiss franc. however. remained unaltered. Natl Fire (2) Lorillard pf (1) ___ Late rates follow (Great Britain in doi- | BY the Associated Press. Natl Liverty (208 NEW . (ABE & 28% 231 Mack Trucks lexafoihenil zieon s NEW YORK, April 30.—An agree- | N Snmonse (| b 1372 | Bietde eading”n- cotton friamsies 16 31 27° Macy (RH) Co (le). 297 Official Canadian Control Board rates for | MeNt by the respective boards of | ¥ ¥ AT + 1314 | Closing prices were steady net unchanged. 12% 11 :iladis Sél Gar .60e _ 1| Ynited States doliars: Buying 10 per cent | directors to consolidate United Air- I;wf River (1) 5. ot fsn. Hish, Low. ,47 ke M::"&‘, m“fi;'g.d‘,, A eauivalent o discounts on Canadian doi- | Craft Products. Co. of Dayton, Ohio. | Ehoenix (2a) July # ) 'S £ IO D A DL DDA DRI T A 2 vellow vellow 4] Sa We R RO — 7 » 2 £3100 59 1 10 = 2 3 10 1t b i 5 1 2 53 R0 1S B RS U 1O (90 = 10 = <120 4 5520 b it N 85 n should be voied later in the year.| . ‘g:";‘f;‘xi&:‘l’l_‘?fi:’;;‘) Based on $15 a share for the stock, a | : 3 GoIina A ATEDia %e 60-cent payment means better than | 10 Collins & Alk pf (5) 10; & 3 per cent yield and $1 payment a | % 17 Colo Fuel & iron . 6 per cent return. The last sale in| x 23 Colum BC (A) 45e. the stock was made at 14'.. Stock- | ‘s Colum B C (B) 4he holders point to the steady eains in | o0 ~g°l“({:7$Gf='§!‘ [-sfl)e passenger traffic as an added reason | ot C:m;nh P‘:c e thils why they should be remembered at| Columb Plc of 2.76 x the next regular meeting of the| o « Columb'n Carb (1e) board. | Comcl Credit (4) More Housing Notes Offered. | 108104 Comel Cred pf 4.25- The United States 'Houn.n_: Au—; ?s". 13 % GeiheliSalvente. thority has announced that 31 more | 307 Comwith Ed (1.80). local housing authorities will sell| '3 | Comwlith & South'n. $126.000,000 of temporary loan notes | 62'5x Comwlith & S pf (3). to private biddess offering the low- 21% Conzoleum (.25e) .. est interest rates. | # Concress Clzar The short-term paper will be of- | "é‘;::z‘l 3:':‘;“'"75” fered in two groups, one to be ad- ,’,,"‘ Con!nldoglrM Ae.. vertised on April 30 with opening of | s5:. 301, Consol Edison (2) .- bids on May 7, and the second to be| 1101< 107 Consol Edis of (5) _. advertised for bid openings on May 1% s Consol Film - 14. | 10!z &% Consol Film pt 25k | &% 7 Consol0il 1 80) Branch Banks on Increase. 91, 14% Container Corp 25e Branch offices of Federal Reserve| I 12% Cont1 Baking (A).. member banks showed a net in- “1)‘-- ‘:L gnn:{ (B:akl(nlge;s) crease of 49 during 1939, according 9! 4 Contl Can = to the annual report of the Federal 1;37’ lgg g:::{ f—::ufxl‘s‘oi‘ih Reserve Board. Despite this in- : 2 5 31x Contl Motor = crease, there was a net decrease of 5 221 Contl Oil (.25e) o - S0 »bw_,_.\»,_-._.._._\.:,_mu.-u i+ At s g PN = T D0 B 3 Prov Wash (1a) 10.59 4 lars in New York of buying 9.1 per cent, A isi - “ October ~7 1 10:20 1413 Man Ry m gtd et(r) s selling 009 per cent. i a?dmlrtxan lPrecxslon P’““C'S&I‘:g" o s Xeria1 20 December _ 1007 10.07 10.08 10.0% 27 ManRygtd (r) __ E Canadian dollar in New York open mar- | Of S Angeles was announce = | Rh Tsl Ins January 10.01b 10.01b 28 Man Ry gtd et(r) s ST R R R R St Paul Fire (8) "_ Matoh oany pie, 090 U990 ol 4% Marine MidI'd(.20e) - S The former will acquire the lat- | SRringfleld (4%a)_ : & 0.15p € Sun Life (15) Cottonseed oil closed st 13 Marshall Field 40 _ Great Britain, demaid. 3.51': cables. | ter by an exchange of shares in or- | Travelers (16) y'fgrfiiu_mmtr yello:f.d Sirse ri?xxx!e“ck;;g:', 15 Marti i 3 5 3.52: §0-day. 349%4: 90-day, 348 USPFd&G (1)° ] K71z, May, 623 Rrid i) 1 oaBeeti o 4 otk Wiodotfa: rin. | der to Tt e T R § 311, | Seolemben” 6.400; October, 6.A1b; Decemn: = and, 6 ance. Y ermat ster 204 3 T, 2513 Mathieson Alk 1.60. £030 henevolent. 16,501 Greeca, nova: | g v SUPPIY unils I the Unite . 50 May Dept Strs (3) . a Also extra or extras. bBid. n Nominal. Hungary, 17.60n: Italy, 5.05: Netheriands, Quotations furnished by National Asso- 160 operating banks, reflecting prin- 15 Copperweld Stl .40e. 2 26 Maytag Co pf (3)_. 16 Norway Unatlotea, Portieal 24m: | The announced plan is for United cipally 122 consolidations, absorp- 5213 Copperweld pf 2.50 67 s 147§ McCrory Strs (1y._. o) e ciation of Securities Dealers. Inc. which B o edsy, - -80: Switzerland. | » i oratt Products to issue additional | States they do not. necessarily refiect actual Odd-Lot Deulings tions and mergers. The increase in| 61'¢ 53 Corn Exchange (3). 140s 5 22% McGraw Elec (1) _. branches was wholly accounted for 5813 Corn Products (3).. 5 60% , 37 Mcintyre Porc (2a) x transactions or firm bids or offers. but 4 Corn Prod 5 8 95 McK tTin . by branches located outside the head 170 onalt ot (7) 117 cKeesport T FE OFEFFF ESSPNT Latin Ameri commort stock, each share of which | should indicate approximate prices. 4% Coty Inc (.25¢) _. 8 6% 6 McKesson & Rob Argentina, official. 20.7 free. 23.10; By the Associated Press. Brazih. oficial, 6.05; irce. 5.10; Mexico | AN be exchanged for three shares The Securities Commission reported to- office cities: the number of head| i 1 Coty International. 10 1% 254 McKesson & R pt. otk Stock Bachn h - B ot & He 6. 5 WE inge_for April 29: 3.080 office city branches has remained al- [ 241, 194 Crane Co - 6 204 4 7 McLellan Stra .40e D sables unlss othervise the Aircraft Products, will be chief ex. NEW YORK, April 30 (#).—Bar | purchases invoiving. 84.941 shares. 3,376 16.75n. of Aircraft Precision. A th Far East. Harry L. Bill, president of United New York Bar SI'Vef gfi-lot“f tlr:nucuons by customers with most unchanged for several years. | 1056 98 CraneCocvpf(5).. 1 98% ™ 9% Mead Corp._ dicate. n Nominal, ecutive officer. . silver, 343, unchanged. ;;";g;'{"mg: i;};,‘l‘;fi;. saares. Ancludine - \ ’ ] €0 60 3 s 1 00 10 20 1 = B eiblflv 23.48; Hong Kong. 21.91; Shang~ lealers or specialists on_the New i,