Evening Star Newspaper, May 21, 1940, Page 20

A—20 xwx FINANCIAL. THE EVENING STAR, WASHINGTON, 'D." C, TUESDAY, MAY “21, 1040 S I ey e e Potomac Electric TRANSACTIONS ON THE NEW YORK STOCK EX CHAN G E|Stock Leaders Crash By Private Wire Direet to The Star. PNV. 1040 4 Met. | Prev. 1040 Bales were dhcnnumted at the ln ufin b Low 3 1 3 oo M m Close. chee. | High. Low. bmau Rate. ¥ Powel' Sales Rls ornine: "Comblets saien of each ook Wil be el uv. T o ¥ r-uwc»u). 3 8 12 et Nor O otfs Tte a7 1% ~1% | 14% 9% Nati Supply $3 pt R s‘ ' $|3 M e the 8750 edition. 10% Chickasha Cot Ofl.. 28 21% Great Wn Sug (2).. low 3 |l 3 NarlTenis P s e & : 0 or More m f Prev. 1040 8tock and Bales— 3% Childs Co 26 G (HL, - . » reen ) ((3a; 1 25 -3 10% 7% Natomas (.80) Shar I m A fll o iy o et G '."f‘ 243 Chile Copper (1e).. 26% 10% Greyhound (1) 9% — % | 254 15% Nelsner Bros (1) .. o 461 “ e gl 59% Chrysler Corp 2.60e 282 - 10% Grevhound.of (.65) 6 9% 9% ~ % | 5314 40 Newberry (JJ)2.40 6 eaw e lng Jin 2 A A 10% City ice & Fuel .60s 16 Grumman Afrcraft 17 —2%| 110 107 Newberry(JJ)pf(5) 808 % Output in First F 9 . ot o Gl e 2 3, Guinmaamouer Aol T84 84 NewmontMincie). 13 . 4 & " uantana o ot 1 2 SrPULEIRE Ao aa 2:;"‘"“"""”,- 17T 17 -2 2 City Stores B Guif Mob & Nerot. 5 '8t e B R German-Forced Quick Months of 1940 Also e TaSROKDD 1-40. u 14w 26 Clurk Equip 1.26 11 26% 24 24 -2% 30% Hacken Water 1.60. 30 - %| 18% 10% N ¥ Centrai P E F KA wueticn (1) 37 -1% | 1100105 Glow B s ot b 108 108 -1u 30 Hack Wat pf (1.16) 30 21% 104 N ¥ Chi & 8t Louts. 20 eace Envisioned Well Above 1939 . M:&:l"ci:bg:(b:)l- o LI B 43% 29 Clev Graphite(.4Ve) % 26 26% -5% 11% Hall (WF) Prig (1) i 39 YChi&StLpt . 58 In Wall Street 4% Alaska Juneau .60 i e Dlmay MousbiL o) mo 14% Hamilton W 30e). 33y ©Omaibus @) 10 n Wall Stree By EDWARD C. STONE. : 1:4 Alleghany Corp ___ * 131 109 Coca-Cola (1.50e) . 99% 100 -9 20 I:x::bn-.v'vnllkno’:?loo) : Sales of electricity by the Potomac| Lar 1o Alleh'y $30 of ww 63 58% Coca-Cola (A) (3)_. 57 57 -4 1as 135% Harb.Walk pf (6 ) Stock Averages 121 5% Alleghany pf xw. : 20 11% Colrate-Pai-P (.60) 104 10% =1% 206, 9 4 &H (1) % g Electric Power Co. in Washington | 1'3;:.’ 2}.:2." X m-:; n;a 36% 5};"’ Collins & Alk (2.25¢ 33 21 uv. 18 -3% H HaHpt (1) 11 17 in April totaled 67,228230 ldlnwun‘ 112} 109Y% Collins & Ak pf (6) 1 109 - % Mg Corp . 26% 13% N Y Shipbllding 135 . 30 15 15 60 hours, as compared with 61693,187 | 182 - 1601 ALiied ceam a0e): i LR C H Baal Aokl Atlas GI (5). 121 92 N Y Shipbg.pf 115k 140s Net change E‘EL",‘%‘;‘}‘EE}; g Qe “ 874 Allted Kid ¢ 80) s " - 1% = % 8% Hecker Prod (.60) __ 357% 24% Noblitt-Sparks .60e 1 3 % Today, nlg 53,5 +13.2 *31.1 *37.7 in the corresponding month a vear 11% Allied Mills (.75e). 2% + W 13% Hercules Mot .2 2261 185 Norfolk & Wn (10) 5 i choee A ago, a gain of 5,535,043, or 8.97 per| % AT S 17 ColumbBC(A) | 16% ~1% 85% Hercules Powa 6| 113% 109 Norfolk & W pf (4) 100s Prev. day.. 580 145 cent, according to the company’s 61 Al i 17 Columb B C (B).30s 16% =1 | 1331 128) Hercules P pf (6) ._ 26% 15 Nor Am Aviation.. 401 Month ago. 720 19.0 latest report. This was the best 28 ‘Allia-Chalmers E0s S e e 4% = %| 116% 100 Hershey ovof (4a). 1 23% 16% Nor Am Co (1.20) 151 Year ago._. 644 17.7 April output on record. Sales in| 12 Alpha Port Cmt.5 5 CooEE - 24 Holland Furn .60 58 48 NoAmb6%% pr2875 3 48 2 h_. 742 205 2 0% -T% 4% Hollander (A) 59 “51 March showed an increase of 12.79 | 1% Amaig Leather 4% Columb Plo vte. . 8% = % & B2 A Caltu peE) 153 per cent over March, 1939. L ameiElastharpl 15 Columb Pic pf 2.70 15 P EonBuney GEUR Jiox 0 Northem Ll *= % | 1939 high__ 77.0 238 40. The excellent improvement in gl o AR ;7"‘ (;olumh:nslrh (2e) 73 -6 (A)(2.60) 36 304 Northwest Tel (3).. 1939 low... 588 15.7 33.7 418 April gave a fine start to business 1% ATHAIFIRES. = Y g SLsCamofs red i) ] 29% -2% 9% Houa Her (B) .25e “ Norwalk Tire ____. e in th d 5 Abnadeh 99 Comcl Cred pt 4.26. 100 \ H, hold Fin (4a) 60-Stock Range Since 1927: n the second quarter and made the 714 Am Bank Note 38 Comel tnv Tr (4) 3314 Ohto Ol (.20e) « iy - -2 first four months of 1940 stand out | 5% Am Bosch 113 106% Comol Inv T pf 4.26 981y e : Oliver Farm Equip. : mHign _. 753> %% sty prominently in comparison with the | 45% 32l Am Brake Shos 308 16% 8% Comcl Soivents . 8 8u - Hudson Bay (1) Omnibus Corp 1.20.. , Low ... 337 169 618 ke perioa 133180 " Am Br Shos pE6.25. 1308 130 33 27 Comwith Ed (1.80). 2614 7. Omnibus of (8) WL . SR A UERLISND. 116% 92 AmCani4) . 33 92 3 1% % Comwith & South'n PR M Hudson® Man ot 2 5% 2% Oppenheim Collins. *New 1940 low. Kilowatt hour sales in the first| 761,167 AmcCanpt (1) 3 165% 734 50 Comwith & S pt (3) 46%, 3 Hudson Motor. i 18% 1214 Otis Elevator 35e (Compiled by the Associated Press.) four months of this year totaled| 33, 23 Am Car& Foundry. 96 24 6% 3 Conde Pob. 2% Hupp Motor ; :u 137 Otis Elev pf (6) 276,198,782 as compared with 246,-| 513 3814 AmCar & Faryof.. 18 40% 24 14 Congoleum (1) 14 l;"'w'- - 5 Otis Steel T y By VICTOR EUBANK, 907,553 in the same months a vear| 23!: 16 Am Chain&C .80e 26 16 13% 8 Congress CIgar. 9 . iinots 2 3 Otis Steel 1t pf Associated Press Pinancial Writer. - | 11215106 Am Chain&Cpt (5). 3 102 311 231 G ¢ indian Refining o P 4 ; soc b ;g“;xsptum el e 8 120 D fndust Rayon 50e : OheAA M NEW YORK, May 21.—War stocks Potomac Electric Power sales, by | &;¢ 5! Am Colortype 25e.. 13 6 4 95 82 Consol C pr pf 6.80. ‘l‘r‘.f:;;"é‘lfill:‘ge"“’ 5 3 Owens-111 GI (1) ) today led the market in one of the months, compare as follows with the S e amomel s sonoL BRIb L i g2% 5% Consol Cop M.1be._. 9 4 Inspiration Ce 3 “ wildest breaks in two years as severe h L 15% 10 Am Crystal Sugar 101 32/ 25 Consol Edison (2) .. 3 i ik i t Allied reverses brought visions to like period a year ago: 80 Am Crystal S pf (6) 79 11014105 Consol Edia ot (5)_ nsurshares (.20g). : e St off i) 3 it foreed Month. 1940. 1939. 13 Am Encaustic Til _ 1% 55 Consol Film Interboro R T (r) Pac Coast 28 pf ; Tk January .. 71130014 63,667,180 1 Am& Foreign Pwr » Consol Film pt .50k 47 Interchemical(.80e) 3 quick peace. February .. 68,831,620 60,461,416 12 Am & & P 6% pt.60k : 5 Conkoi Lmundbisg & Interchem pf () . : EsoRinnaceyl10) b Losses ran to 13 or more points . : Pac Gas & Elec (2) s Narch - 69,008.918 61085770 14% Am & F P 1% pf.70k 814 65 Consol O1) (.80) . 3 o l’:[‘::f“’:‘.".z‘:‘hw_ 8 Pac Lizhting (3) . 9 for pivotal steels, aircrafts, electrical ¢ v 2% Amé& For'n P 2d pf. 6 Y P 4 C April __ 67,228,230 61,693,187 57 As-Humin'n 88 (13 1% Conmithiy Cubsipt (hitl A EHicuitaral ! Pao Mills 3 equipments, coppers, motors and 5 Pac Tel & Teleg (1) 60s chemicals. The ticker tape fre- ———| 6% 35 Am Hide & Leather. ’ 0% Coraaata C ‘ 9 Int Agricul pr pf ) . € > 276,108,782 246,907,553 4 50% Am Home Pr (2.40). 9 N coa et Intl Bus Mach (6a). 1! : Pac Tel & Tel of (6) 80s quently was behind floor dealings on % 2 “Amil ¢ TG Tl S intl Harvester Pac Tin Consol 20e 2 the downswing, slowing on feeble Bank Delegates Announced. 28y A':‘ l‘;: (b 0a) 5 2 G 3 8" Cont Baking (A)._ tmtl Hyare il (A ? Pac Western O 40g 16 - i e shms’ Sititoes vers Delegates from Washington to the ¢ L 2 « Contl Baking (B) 7 Int) Mercantile M Packard Motor 106 3 | National Safe Deposit Convention ';g 4 Am Internatiol 3 2 80 Contl Baking pf (8) 7 Intl Mlm:; . z.oe).' 5 % Pan-Am Afrwave 30 -2“ | above the lows in most cases at the g 391 Am Inv of 111 1.35e . 2 Y 35 Contl Can (1e) 5 e P = Pan-Am Petroleum 3 ' close with dealings speedy. Trans- in Boston on Thiesday, Frlday end] ey, | 20/5am inv )t (3180) 110% Conti Can pt (4.50)_ 3 oS kel A Pannandie 9 - & |fers were around 4,000,000 shares, Saturday of this week were an- 12 Am Locomotive __. 6 5% Contl Diamond .25e. % 6 21 Intl Paper & Power 136 4 ESTMIGICELE e S i % %4 - s biggest turnover since last Sep- nounced today. 3 :5 :: hl:c;':y“;‘:)lo')_ 80% Contl Lnsur 1.60a) ... 3 Int! Pap&P of 1256 4 1 Paramount 18t (). 5 5 —-1% | tember. cufi;ghgdg‘;s?g;“‘m::g:a& ?fi; 3 1% Am Mach & Metal A 1;»,. («":'r“lt‘l g:‘?.’sne), 4 Intl Ry Cent Am 2 3 ;:;;rz'-pw;::d‘ “_"; : _3" | The list flopped at the start, with Executive Committee of the Na- B3 el : fgu Contl steel (50e) - y P LS B 4 1% Park Utah M 106 .. 5 — 1|8 number of issues late in making 3 Vi .50). 13 Copperweld Stl .40 ‘ b 3 5 4 Parke Davis (.80e)._ -2 | their appearance, due to the in- tional Safe Deposit Advisory Coun- 2 Am Power & Light B 5213 Copperweld pf 2.60_ : , s - - ot Parker Rust (1a) » 21 | ability of specialties to co-ordinate ¢il, will represent Washington. 3312 Am P&L35pt 1.876k 45 Corn Exchange (3). 4 int Suver === Parmelee Trans ___ ‘bid and asked prices. . T. E. Elgin, chairman of the safe « Am P&L $6 pf 2.25k : 49 Corn Products (3)_. s e e e (L 4 Pathe Film . y - % &eposit section of the District Bank- 0 5% Am Radiator 3 4 4% Coty Inc (.26) .. " n lorn ofs. Patino Mines ~ 1|, The main depressant, brokers said, ers’ Association, will attend the Am Radiator pf (7). v Coty International_ 3% 0 interstate Dept Str ¥ Penick & Ford (3) . Z3"| were dispatches telling of brisk Nazi 2 g 91 Am Rolling Mills _. 244 14" Crane 97 Interstate DS pf(7) o =2 i convention, as will Guy D. Cowl, 74 Am Eoll M pf (3k) 10 604 48% 49 —11n| 320 o gr::mt:’ot S " Intertype Corp .40% Penney (JC) (.75e) 6 dvances, defeat of the 9th French cLachlen Banking Corp., and Al- s Am Safety Raz 1.20 10 9% 9% 91 — 1 374 Crosley Corp .. 12 4 y 28 2% Island Crk Coal (2) } D aCekel e a‘;my'd“ptgrihu e fie:mgee:' ert E. Fisher, Riggs National 7 Am Seating .60g). 13 T 5 5y =13 Th 22% Crown Cork & Seal. 2% 127%123 Island Crk C pf (6) . 10s % 127% y ¢ Penn-Dixie Cem pf A b mx‘i" arn e :lppmatii of the Bank, who is the alternate from the 73 3 Am Ship Bullding 6608 26 23 23y =31 13% Crown Zeller (le) _ 17 10% Jarvis (WB)(.275e) 9 4 4 Penn GIS pf (7). . 10s Zong nvading forces to the English Chan- banks here. A fine program has 4 Am Smelt & Re(le) 67 364 30% 32 -6 80 Crown Zeller pf(5)- 2 52 36 Jewel Tea (2.40)__. 7 3 ; Venn Railroad (12) 66 167 15 5 —1n | nel. Later bulletins from battle- Heen ananéed. Am Sm & Ret pt (7) 2 127 126 126 =2 2914 Crucible Steel A 772 51 Johns-Manville Peoples D new .50e 2 15% — x| fronts failed to hearten speculative Am Snuft (3a) 57% b6% 53% —4% 72% Crucible Steel pf__. 7 132 123'4 Johns-Manv pf (7) Peoples GL1&C(le) 12 -3, | contingents and, after intermittent Pere Marquette 1 5 =11 | steadiness, the slide was resumed. The monthly meeting of the sale Am Steel Fary 50 220 191, 20% -3 : / 69 48'; Jones & Lau pf (1k) deposit section of the District Am St vbe) 1 2 CubaRRpt._. 4 o A 4 5 ¥ % Am Stores (.26e) . 5 = 415 Cuban Am Sugar__. 4 alamazoo Stov . Pere M ttepf 620, e 15 o ) - Bankers' Association Will be held X Am Stove (.60e) -% % 68 CubAmS ot 1'2-). 4 KansasCity Sou __ E y p::: M:,r-:‘:, ,,.gn 2:«0: -5 Bobxfiéor c(;rlx]xm?(llxltxg d uea:enali. this evening in the board room of % 15 Am Sugar Refining. 2 1 5 =1y 10% Cudahy Packing __ A " 2 KansCity Sou pf 2 2 < Bitesl Oern 4 7565 L Sl hgg\er ly followed stocl s.nn - the American Security & Trust Co. Am Sugar R pf (7). Y K 22 Cuneo Pri 11.50). Kaufman Dept 25e % Pfeiffer Brew (1) _ oug! erman and Danish dol as As this is one of the last meetings e SO 3 'a 2 Curtis Publishing 4 X Kaufm Dep S pf (5) : 4 Phelps Dodge 50e. g+, | loans moved upward. The “free of the year many matters are listed | ngr ‘aur: A Tel & Tel (9)- f 34 .CurtisPubpf (2k). 6 Kayser (J) 50e g 5 Phila Co 6% pt (3)_ é . 3 British pound sterling dropped sub- : 8915 747 Am Tobacco (5) T5 Curtiss-Wright . 5 - Y s Ly vi for consideration. 913, 76 Am Tobacco(B)(5). 241 c‘;;l:,. vr‘f:) le ¥ 2 3 z::;q.g&u':.:n: :x'.ry" 5% ' ;t.::zia Sod e i 151 144 Am Tobacco pf (6). 2 1437 1437% 14% Cutler-Hamm'r .26 bt ¥ K-luv Hayes (B) K i - 5 3 : i N’:"‘“fi"’; :"’:WB::' ‘;’;':'“";" upl. 5 2% Am Type Founders. 43 2 2% S DT eE RIS S 3 g Kennecott Cop 25e 5% -3 At i« 2m 27 | Dtilitles and rails were lesser suf- ne out of v ten group L 123 Am Water Works 1,25 y . 7 5 5% 3, ' Keystone Steel .50e 10 'ferers than others, but they were of 1,222 of the most active savings| 101 AmW W istpt 65, 1 e T d 3 s . Phoenix H pf 2625k 108 and loan associations in the United | 12 < Am Woolen g3 l:"‘ Davison Chemicai... 4 iy I‘\‘I',’.’;":'v”‘:“{'?"k s 2T 3 Plerce Ol nt well down at the finish. States used newspapers in 1939 as| 5215 3212 Am Woolen pf (3k). i 26 Rot 3',:":3:,,,,' 5 g g : Kinney (GR) $5 pt. 18y S LU i 241 241 | Conspicuous losers included U. S. 814 4% Am Zinc & ol 13 Detsel-Wem.Q .375: 3 2 4 Kresge Dept Strs CAWT e 7 Setartt | Steel. Bethlenem, Youngstown Sheet, their principal advertising medium | 32 21u da (.250) g 54 em-Q 3760 K gt Pitts Coal 5 3 e h iz e to reach prospective borrowers and | 4y o5 i ::::::d: er:.tc i % 10% Del & Hudson .. 3 ) resge (SS) 1.20a 9 Pitts Coke & fron . 11 57 S -J uglas Aircra: nited Aircraft, 4 5 Kress (S H) (1 60 8 investors, spending nearly half of 22% 15% Anchor Hoc G .15e. 3 Del Lack & Wn Y Pitts C& Ir pf (5) 2108 5 | Glenn Martin, Boeing, Lockheed, y 125% 102 Detret Ed 3 Kroger Groe (2)_ L s .their total advertising appropria-| 15% 9% AndesCopper .25e_. 8 8 8 i e D":‘:"Em‘?: ae g Pittsbgh Screw .15¢ 9 o | Sperry, General Motors, Chrysl illi Pitts Steel 4 & % =1Y tions or almost a million dollars for 4% 2 AP W Paper 2 36% 30 Diam'd Match 1.60.. Laclede Gas pt s Stee! 1% | U. S. Rubber, Allied Chemical, Wesf e £ 2 25 Pitts Steel pf (B)__ 30s -3 | inghouse, Down Chemical, Phili i 5 3515 273 Arch-Dan-Mid .708. 434 36 DI d M pf 1,60 Lambert (.760) ___ 2 5 2y . p th'rhls le):erpgcet,s were revealed in the | 110100 Armour(Del)pf(7). %| 10w 4% Diam T Motor 3 4 353 Lee Rub & T (.75e). g a 314 ;:::: ::::; :rfin;tt 23; 0 jaocte Lot (Elaudsnl UL of Ney most exhaustive study of its kind 6}?“ ‘3v, :"'“"" ::}:: 7 2 e 4 14% Distill-Seagr (2) 1 2 }::: ;ort gmt 5e.. 23 16 Pitta& W Va . . 1708 8 8 ;!erseg{. Anaconda, American Smelt- 1 Y rmour pr pf- 4 5 el tCpt (4)._ 4 4 Du Ea: ever made in the savings and loan| 43y 30 Armstrong C'k .50e. 23 63 Distil-Seagr pf (5). ort C pf (4) 3 Pittston Co 15 % ng, Kennecott, Pont, Eastman g Vi X N 3 Leh Valley Coal h . - business, just completed by the pub-| 11 7 Arnold Const 375 FADITI eIy orCh) (2 50) o Plymouth O11 1.40 - 10 % | Kodak, J. I. Case, Sears Roebuck 16% Doehler Die C .256. 7 Leh Valley Coal pf._ 5 % lic relations department of the Fed- 91 3% Artloom Corp 7 4 Leh Valley RR (1) 3 ';:"’" 3 Co1m) e ; & % | and Great Northern. eral Home Loan Bank Board. Esti- 4% Assoe Dry Goods T & Lehman Corp (.40e) mates show that in 1940 the associ- 100% 86 Assoo Invest pt () Port R Am To B(r) 1 Lehn & Fink (.50e) - < 7 Preased Steel Car 32 ations probably.will spent at least| 23'¢ 13% Atch Top&Santa Fe y 14% Dresser Mfg _ Lerner Stores 2) i Y - 4 - 4 14’ Pressed Sti C 1st pf 1 | 2 C Y Libby MeN & Lib did last year and there are indica- | 22:, 10% AtlGulf & W Ind_. 120 114 Duplan Silk pf (8)_. ! eN & L 11% Proctor & Gam (2a) 9 74 5 5 3 Life Savers (1.60) _. 5 5 1 SALES. tions that even larger appropriations | 2215 11% Atl Gulf & W ind pt , s e s (150e) Y g0 S sy l,g'h- Proctor& @ of (5) 208 113 113 113 Pl Tan i st a e may be made. 2T% 19% Atl Refining (1) 2 5 118% 114% Duquesne 1st pf(5). Lizg & Myers(B)4a 5 9 115% 109% Pub Sve(NJ)pt(5) 3 0 y| at 131, 25 at 133%. The 1222 members of the system % T AtlasCorp (:235e) 4415 26's Eastern Afr Lines . Lily Tulip Cup 120 128 117% Pub Sve(NJ)pf(6) 5 | Capital Traction 1st 55—$1,000 at which answered the annual question- | 51 =~ 45'% AtlasCorpof (3) 2% % Eastn Air rtsMay24 Lima Locomotive.. 13 4| 145 132% Pub Sve(NJ)pf(7) 4126 | 9812, $2,000 at 981:. naire comprise about one-third of Gf,_}:t‘]‘l":f_:‘:d"“”‘ 6 3 Eastn Roll Mills ) 9% Link-Belt (1) __. 1 165 150 Pub Sve(NJ)pf(8) d 7 " 4 o1 el 0 Y S 5 Y * | Potomac Elec. Power 5';% pfd—10 the entire membership of the system, % % AGbUroAuLeT): % oL A Hodak. o S l,‘i?":,i‘d"cg:;,)‘n’,; e 1 s L L Tl I Ll at 114, 40 at 114. the largest number ever to co- 17 Austin Nichols . _ 3 37 25% Eaton Mg 3L 08) 7 i Y Lockheed Arc 3 1 Pure Oil 58 7 i Washington Gas Lt. pfd.—10 at 102, operate in this survey. These 1.222| 16 Austin Nich pf (A) msm 7 17% 12 Edison Bros 8 ). 11% 3% Loew's Ino (2) r el e - / associations spent a grand total of | 4% Aviation Corp .. 354 4 ' 1%* % Eitington Schild % | 10915102 Loew’s ine pf (6.50) 99 9% L Pure Ofl pf (5) 33 79 BONDS $2,303.284 in 1939 for various tpes of | 14 Baldwin Locoetrs. 105 15% 12% 13 41% 29Y% Eleo Auto Lite .75 5 25l 39% 1815 Loft Inc | Purity Baking 50e x 11 g 9 business promotion, an average of | '21‘»: 5::328::3 ;;)“_,)_ 32 3 3 . 18% 121 Electrie Boat .40e 3 ‘f:' 3;' LLono ng-‘: ?;n’! @)= Quaker St Oil S0e _ 3 ~ PUBLIC UTILITY. instituti 3 - 1% % Electric & Music . ’ # ong He -- 5 s t Pot 55 40 $1,885 for each institution. 81 Bangor & Arstook . 26 8 8 8 8 BieaPwre Light 2 3 18% 164 Loose-Wiles 750 . 4 % 15% — 3 Radio Corp (.20e) 139 5 Ana & Bot Guar s 1040 - N. Y. Curb to Welcome Visitors. 38 Bangor & Arpf (5) 208 31% 19% Elec Pwr & Lt $6 pf 9 1091 106 Loose-Wiles pf (5) Radio Ccv pf(3.80) 52 52° : ‘ Cap Traction Lst 55 9712 1007 The New York Curb Exchange an- % 9% Barber Asphalt.50e 9 97 4 4| 36w 225 Kleo Pwr & Lt §7 pt ; 18% Lorillard (.60e)____ 9 : % ? HagotK ith-OFier Jaa 5= ] Gedrgctown Gas Tst 3s The1 i e nounces that it will admit visitors to 4 Barker Bros 2 3315 2814 Elec Stor Bat (2). 5 2 141 Lorillard pf (7) 5 Hayhesrman. s, -1 L o 36 its trading floor for the duration of | 20% 22! Barker Bropf 2.75_ 230s 13 % Eik forn Coal - 4 16% Louls GAE (A) 1.50 5% 15 eI Ravonterdne 2l the World's Fair of 1940 dy, el e o8 41% 30% El Paso Nat G ; 38 Louls & Nash 1.25¢ 512 Rayonier pf (1k)__. 2 : i 2 Xs fhe second time in| 36% 25% Bayuk Cigar 36e 5 6 3 . 27% MacAnd&Ford (2a) 1 27 ) iy Co () 4 ; ¢ MISCELLANEOUS is marks c b 24 Beatrice Crea (1a) 2 06 4133 MacAnd&F pr (6) . 200s I : Basdluxadpil) .= Gheyr Ch Cl 1st 4lus 1057 history that the exchange has per- 2, . 3 7 - { 14 " , Real Silk Hose 2 Col Country Cl 1st 4'as 1 : ; 7 Belding-Hem (.40e) y 19| “12% 6% Eng Pub y 184 Mack Trucks Tor & W Cp ot 410k 4% mitted guests to view the market in % 26 Bendix Aviat'n (le) 58 5% 26% % Equit Office Blag.. Y 31 23 Macy (RH) Co (1e) . ; 912 Real Silk H pf (2k) 208 3 it s 5 operation from the trading floor, a,| 4 18% Beneficial Loan.458 8 18% 17% 17% 5 Erie RR (r) 9% Madis SPGar 60e 4 Reliable Stores 3 3 STOCKS Asked. ractice which was inaugurated last| 56% 50 Beneficial Lof 2.60. 3 50 50 1% Erie RR 1st pt (r) 271 Magma Copper (1e) : ) §ear for the benefit of people who| 89 26 Best& Co 1.60a) 3 2214 23 % % Erie RR 24 pf (r) 2!y Manati Sugar __ . 2 ¢ le!rllrldefnd (T 22 PUBLIC UTILITY. vVisited the 1939 World's Fair. 9% 7014 Beth Steel (2.25e).. 189 65% 68% 3 Eureka Vacuum Cl. Y 5 Mandell Bros.50e__ 5 Rem pEW "s o Amer Tel & Tel (9) Sh6cistly Sirained Biive vl L Beth Steel Df (7) __ 113'4 113% =4y 6 Evans Product e 14’: Man Ry mod gtd(r) 2 Renssalaer &S (8). 40s Gapital Transit. (::50) PECIBLYS WalnedSpage fooys 341, 161 Bigelow Sanfd(le) 1 167 15% 2014 Ex-Cell-O (.400) 2 3 14% Man Ry m gtd ct(r) 15 13% S RCIMo et eI 4| N S Steambost 4y escort visitors to a section of the 15 Black & Decker .250 ]5 1515 =18 4% Fairbanks Co pt . 351 27 Man Ry gtd (1) .. Republie Steel . 182 3 gfi Elec Fow 6% o 0 trading floor and answer all ques- % 5% Blaw Knox 6% = & 3114 Fairb’ks Morse( 15 8213 27 Man Ry gtd et(r) Rep Stlcv pf 7.50k. 12 2% 2 = 4 Wash Gas Lt com (1.50) tions about the handling of daily| 23% 15 Bliss& Laug (.25¢) 315 =3 191 Fajardo Sugar (1e) e 16% 121 Manhat Shirt (1) _. RepSteelpfA (0).. 13 Wash Gas Lt pf (4.50) _ s " TR T Waeh By’ e com (£36) trading. 11 Bloomingdale .375e. 1 ey o 4 T 1 Baragiiool H Revere Copper Durisig the 1930 World's Fair more 18% Boeing Airplane i -3% A GG 5% 5% Martia Murari0e) : ; Revere Copperpf 1008 73 73 7 Wash Ry & E1 515) s % 1% Boeing A rts May 24 » W -1% S 8% 3% Market St Ry pr pf. . Revere Cop 6%% of 108 than 10,000 visitors were guests of 2% Fed Moto ck _. R ds Metal, 16 the exchange. Every State in the 21% Bohn Alum'n S0 _ 5 15 Fed Water Sve (A). 15% 9% Marshall Field .40_ eynolds Metals Amer ; 06 Bon AmitA)(4a T 34 4 S Reyno'ds Spring 12567 sy | Bank of Betnesda ¢ 75)" Union and 43 foreign countries were lss;, Bon Aml (B) 2,50 : 17 Federat Dep St.75e. et ::':‘:_"0.‘:'“” : : ; Reyn Tob (R) (1e) 30 Gavital (va) represented. Of the 10,000 visitors, 21" Bond Stores (1.60)- : DA Al 40% 2314 Masonite Corp (18) Richfleld Oll (50) 26 approximately 2,500 were women. 18% Borden Co (.60e) .. % 15 Firestone Tire 50 32% 2245 Mathieson Alk 1.50. Y Ruberold (1.10g) | Nat] Bav s Tr 15% Borg-Warner(.50e) " 95 Firestone pt (8) 6314 40% May Dept Strs (3). J Safeway Strs .75e . 8 35 4 Pr Georges Bi Railroad Revenues Mount. L re: L2 s Eighteen Class 1 railroads, repre- A EslonE MR Y 341 First Natl Strs 2.60. 4% 2% Maytag Co 2 2y Sateway 8 of (5) 170s < ?n 665 cent of total % 274 Bower Roll B (3) ._. 12% Flintkote (1 105 98 Maytag 1st pf (6) 2 30% St Joseph Lead (1) 2 wnmnnon (6)" senting 665 per 7 5% Brewing Corp (.60). 1% Follansbes Bro (r). 16% 12 McCallCorp (1.40). 3 2 19% Savage Arms (50) 6 5 G h Loan & Tr (e8) operating revenues in the Southern 914 Bridgeport Brass__. 915" 8 22 ‘Food Mach L.35e).- 17% 11% McCrory Strs (1) 84 Schenley Distillers 22 District, had estimated operating 15% Briggs Mfg (.50e)__ " 107-/. 105 Food Mach pf(4.60) 111 101 McCrory Strs pf(6) 68 Schenley pf (5.50).. 16 pmerican (16) revenues in April of $28,291,766, com- 33 Briggs & Strat (3). 11 Foster Wheeler .. 8 29 19 MecGraw Elec (1) % Schulte Retail 8§ (r) 5 & | Fire i pared with $27,101,148 in April, 1939, 43 Bristol-Myers 2.40. sv, 3% Francisco Sugar . | 9% 6% McGraw-Hill (.30e) 2% Schulte RSpf (r).. 6 National Union {.75)" and $37,868,802 in April, 1930. A5l Bklyn M En D . 3214 24 Franklin Simon pf. -3 | 47% 31 Mcintyre Poro (2a) 84 Scott Paper (1.60). 1 sl ‘ | 48 Bklyn-Man pf ctf: Sulph (1) 4% | 12% 5% McKeesport Tin _. ms 103 Scott Paper of (4) . 108 Columbia (k.30) Operating revenues of the Class 1 % 29 Freeport Sulph (1) % 0 e g (S8 11 3% 11 Bklyn & Queens 3 A 1% Gabriel (A) _. y ST 4 McKesson & Rob 4 Seaboard AIrL(r) 18 & & & Real Estate (m6) _ railroads in the Southern District 9% 12% BKIyn & Qu pf ctfs. % 4 Seaboard A L pf (r) 2 . Seaboard Ofl (1)__. & Carpel Corp (2.00) = 20% McKesson& R Dpf_. in April were 4.4 per cent above those | 2515 1414 Bklvn Un Gas 506, e R T 6 MeLellan Stra 406 for the same month in 1939, but 253 | 37% 30 Brown Shoe (le) _. Yy 13 Gamewell Co(1.50e) 12 -3y 8% Mead Corp Seagrave Corp. . 5 2 2 Lanston Monotype (2.00) - per cent below April, 1930. 29'% 16% Brunswick-B (.75e) 4 105% 100 .Gannett Co pt (6) .- 9814 -2 531 Mead C pf(B)(5.50) Sears Roebuck (3). 29 3 ; fl:gmé'us'fx - (11 uu:”, Freight revenues of those railroads | 10' 6% Bucyrus-Erle ~ _. 1 3 6% 4% Gar Wood Indust 4 4 -y 26 Melville Shoe (2) 9 Servel Ino (1) Sk MeTeenthater Lno i o5 ! 111 100 Bucyrus-Epf (7)-- 9 14% 10 Gaylord Cont (.20e; 10 3 Mengel Co . 8% Sharon Steel 3 a1l Mg & Inv D1 (d38) in April amounted to $23400,722 % 1 ylerd ) A d with $22,066,766 i April, 6% 3% Budd Mfg 0 7% 4% Gen Am Invest . 8% -1 15 Mengel Co 6% pf 3% Sharp & Dohme . _ 2 Y !;1:0'; fl'"h"g ne compared wit 1066,756 In ADILL| - 445, 261 Budd Mfg . Gen Am Tra 2.376 . 3614 —41 134 W& MinTrans 1 5% Shattuck (FG)(.40) 6 Ll o"ofa (50) 57‘4 39 g- Y% % Sec\lrllv Storage IB) 1939, and $30,236,060 in April, 1930. 6% 3% Budd Wheel 9 5% Gen Baking (.156) . BT Bl = A 24% Mesta Mach (le) . 5 36% Sheaffer Pen 2.25e_. 20s 5 r Ref & Wh Corp Passenger revenues of those roads| 334 20 Bullard Co (.25 y 1‘5 126 Gen Baking pf (8)_. 126 128 % T4 Miami Copper .20 % 1% 8 Shell Un Of) (.60%) 8 wgw‘i & Loth com u .00) in April totaled $2,429,591, compared | 33 21 Bulova Watch (2a). 314 1% Gen Bronze 2 2 1214 Mid Cont Pet (.40e) 5 4 98 Shell Un O pf (5.50) 6 w ';x ,wd"zl.: hdp! @ _I 118 with $2,431,946 in April, 1939, and| 21% 14% Burlington M (1) %| 11% 4% GenCable .. 440 43 - % 26% Midland Stl P(le).. 4 31y 4 Sllver King (.10e) . 20 4 1PMus Chirgn 4 986 vedd. in 1000 S0 $4,294,274 in April, 1930. 12% g 201 134 Gen Cable (A) .. 13 13 =1y | 122 111 -Mid Stl ist pt (3) 13 Simmons Co -~ 33 . 5 .00 exu- paid December 23, 5 ] 5% 2% Bush Terminal 87 48% Gen Cablepf __.. 52 52 =3 54 40 Minn-Hon Ros (2a) 3 1% Simms Petroleum 37 A 1939, m 3 Today's Trading on Exchange. 13% 7 Bush T Bldgspf._. 190s 19% 15% Gen Cigar (.50e)_. 15% 15% — 15| 110 103 Minn-Hon pf B (4). NS 19% Simonds S&S (.80e) 2 t50c" pasd 1|p>'ec mber . 20, Three 25-share sales in Capital| 7% 4% Butler Bros (.15e) 5 117% 110% Gen Cigar pf (1) 102 102 -10%| 4% 24 Minn-Moline imp 8 2% 16% Skelly O1) +.25e) .6 vsx 00 extra Paid JanusEy. 1040, Transit stock were registered on the | 23% 19 Butler Brospf150. 18 41 28% Gen Electric (.3 26% 29% — 8 | 48 32 Minneap-Moline pf 29% 120 95 Sloss-Sheffield 1.50e 10s . 4%% 2% Butte Cooper 5 49% 40 Gen Foods (2 36 - 1 8 Mission Corp (.658) 7% = %| 114% 111 Sloss-Sheft pf (6) ‘Washi Exchange today at 13% ) % 374 -2% - /ashington Exchang YEI b | 13%° T Byers (A M) Co 3 % % GenGas& El (A) % % 1 =14 4% 1% Mo-Kan-Texpf ___ 1% = %| "18% 11% Smith (A O) Fifty shares of Potomac Electric| i1, 51 Byers AM pf 4.33k.. 50s 101 B0s o DeSTIR CeR) 1% 1% —6%| % & Mo Pacific of (r) - & &- & 11% 6% Smith& Coro.50.. Dry Goods Market Power 51, per cent preferred moved | 15% 9% Byron Jackson (1). 1 130% 123 Gen Mills pt (5) 123 123 ~1%| 19% 11 Mohawk Carpet .25¢ 10 -1 24% 15% Snider Pkg 6 NEW YORK. May 21 (P —Unsettled at 114, ex-dividend, and 10 shares| 267% 16 Calif Packing.26e_. 9 56% 40% Gen Motors (1.75e). 381 -3% | 119 94% MonsantoCb (2) . 92 94% -1%| 12% 84 Socony-Vao 38e _. 438 conditions and falling ~commodity prices of Washington Gas Light preferred 1% 1% Callahan Zine 13 1 127% 120% Gen Motors pf (5).. 119% usu s | 118 113% Monsanto C pf 4.50. 113% 114 + % 2% 1% So Am Gold (.10e).. 47 e reflected in a erally e-uunun Aate came out at 102, off a point from| 8% 5% Calumet & Hee 15 7% 4 Gen Qutdoor Adv 3% 121% 117% Monsanto pf B 4.50. 17 17 -1 30% 19 SoPortoSug (1) .. 22 Svads i sos caxtlle adestody oy, yesterday’s close. In the bond di-| 19% 12%Campbell Wy 656 5 58% 373 Gen Out Ad(A) 2k_. 86 374 Montg Ward 2.25 . 32 32% —4% | 16% 11% S.B.Greyh'nd1.60 . 4 of coverine by CORVErters. aamire ital Traction 5t 28% 14% Canada Dry - 14 10 6% Gen Print [nk 10e 4 6% bl 45 87 Morrell(J)& Cole.. 33% 30% 25 SouthnCal E4160a 31 ment contracts. Mill askin, vision, Capltal Traction 58 figured 3 Canadian Pacific 34 110 106 Gen Print Ink pt(6) 1044 wm -1% 23 Morria & Es (3.876) 7% Southern Pacific _ 251 in $1,000 and $2,000 transfers at 98%. 32 Cannon Mills (.50e) 15 1% % Gen Public Service. 11 % 9% Motor Product: 5 20% 9% Southern Rallway. rayon division, wnn nterest n :-u unu Tension over the war news was 6 3% Capital Admin (A). 3 19% 9% Gen Rw¥ Signal 10 lou -1% 13% Motor Wheel 16 Southern Rwy pf .. &t a minimum. very evident in the brokerage houses 38% Cap Admpf A (3)__ 70s 86% Gen Rwy Sig pf (6). 90 <-5% 17 Mueller Bross 5 1% Sparks Withington. m'l;r;er: ey g“t‘f“&‘m nfl:f,trlxva w‘ rl:u' of again today, the translux starting 23 Carpenter Steel 506 7 # % Gen Realty & Util__ & % %-% 2% Mullins Mfg (B) 4% Spear & Co 2 Bons, | IROTOYe T off at a high speed and recording 2% Carriers & Gen 0be. 4 16% Gen Realty & U pf._. 16% = % 22 Mullins Mfg pf 19 Spencer Kell (1.60) women's Wear in woolen 1 uotatio! After overnight | 75 % Case (J 1) Co 40 3 22% Gen Refractor .50e. 20 20% =3% 914 Munsingwear .35« 2 36% Sperry Corp (2g) ... e ml"flv & sty pillar Trac( % = 1 - - 11 104 [urphy (GC)pf(5). picer Mfg « 1 market improved slightly for a short Corp $0a. 38 233 19 21 -3 175 Gon Tetophone 3 el i Musoay Corh. 17% Gen Telephone 1.20. 9 1 1T% = % 5\‘ 4% Murray Corp - 6 " 6% Splegel, Inc (.30e)_. 104 time. The war furnished the only | 119 107% Celanese pr pf (7).. 100s 111% 109% 109% —1% 8% Gen Thea Equ .20 8% 8% - % 45 Myers (FE) .750_.. 52 Splegel Inc pf ¢.50 i -1 = topic of conversation among traders. | 12% 5% Celotex Corp .. 20 5 -% 15 29% Square D Co (.30e). Federal Land Banks The domestic situation, at present 1% Central Foundry._.. 1% W-% 4 104 -2% T% 5l Stand Brands .30e % - NEW JIQRE. May 21 (P.—Federal Land considered favorable, appeared to be 2% Central RRot NJ.. Y 108% 100 Stand Brds pf ¢.50_ 100 bony 2 6 g-nml ‘g;’bsxtfi"-- i 37 Gillette 8 Rt (6)... 9% fi ;‘/. guua Gas& Elec. . % 1% by y e t 0 4 . tand R - Partners in Washington brokerage T et o 21 PR b b 19% G&B 84 pt 24 = % 27 Cerro de Pasco (2e) 46% Gimbel Bros pf (6 - 7 18% 10% Stand G&E $6 pr pf 10 -2% firms were much pleased with the 8% 3% Certain-teed 2 6 4 12% Glidden Co ’, 11 : 22% 13% Stand G&E$7 prp? 37 12% - % |3 re-election of William McK. Martin 17% Certain-teed pf . 2108 38% Glidden cv pf (2.25) " 26% 19 StandOflofCal(1) 68 17% =1% of the New York Stock Exchange 18% Chain Belt (.50e) 4 2% Gobel (Adolf) .. 18% l!% Natl Dairy (.80) 12% 29 24 S8tandOfl ind (1)_.. 22 -2 for another year. It is the general 21" Champ Pap & F.40e 2% Goabel Brew (.20). 2 3 116% 108% Natl Dairy pf A(7) 46% 33% Stand Ol NJ (1a)_. 210 324 -2% | Railwe lnco?ne inion in the financial district that 14 Checker CabCo . 4 11% Goodrich (BF) _ 114 107% Natl Dairy pf B(7) 1073% 34% 2734 Starrett (LS) .50e 23 -4y y g" Was handledi EXCHAnEs ST alrs A 32 Ches&Ohto (2.60) 71 45% Goodrich(BF)Df(6) 5 6% 3% Natl Dept Stores 3u 56 ~'m 1nNEW_YOR 21 (@.-LNet operat- e an ge . % Chi & East I1] pt (1) 1 % 15 Goodyear T&R .T5¢ © T% 6 Natl DeptSpf.30k. 5% 4% Stewart-Warner 4% — 16 {8 Incoms. Veiore ed charses afl“n e & brilliant manner during the past 1 Ch1 Grt West pt (r) 74 Goodyear pf (5) 8 26% 195 Natl Distillers «3)_ 18% 18% -1% 4% Stokely Brothers... 4% = % | Abril incimasd ro ear. 7% Chi Mat) Order __. 1% Gotham Silk Hose. 2 6% 10 NatlEmam&Stpg.. 2 9% 9 -9 -1 6 8 e i ki) The Commerce Department re- % % Chi M St P&P pf(r) * 1% Graham-Paige % uu 6’/. NatlGypsum ... 5’1 5% = % 6 -1 | g C Tn ports that sales of general merchan- % Chi & Northw'n (r). .50e. ) Lead 1.50) .. 45 15% 15% =1% e 1 53 53 53 -2 (vinti dise in rural areas in the first four 1% Chi & Norwn pt (r). mu las Natl Lead pf(B) (8) mv. 137% - % m 122 SunOflpf (§)_____. '60s 123 m m -: ” pocet 81 Chi Pneu Tool . 10% Grand Un war ctfs._ 10% — % | 27 15% Nat Malleable .50e_ 18% 13% =3% | 10% 7% Sunshine Min 4“4 8% london Tin Prices months of 1940 were 4 per cen 26 «Chi Pn T cv pf (3)_. 10 GraniteCitys ___ ) 104 = %[ 8% 6% Natl Pwr &Lt 60__ % ‘6. 6 — 3| 2Tk 15 Bupernester (81 19 18" 123 18" -4 ahead of 1939 and 16 per cent above % 4 Chi RI&P 6% DL(r). 28% Grant (WT) 1.20s_ 28% 26 26 —2% 'ln 54 Nati Steel (.508) .. 48 - 48 -1 — e = 1938 in the like period. % 4 Chi RI&P 1% pL(r). & &= 18% Great North'a pf... 16% -8 5% Natl Supply. : “ 5 =% (Continued on Page A-21.) m 2298 L] Iy 4 o o= FRaSenonBuna e Famm e SN oo