Evening Star Newspaper, January 2, 1942, Page 20

FINANCIAL. Used Car Supplies |Stock Market Calm 'To Meet Civilian Despite Adverse Needs for Present | War Reports _20 x FINANCIAL. D. C. Bank Deposits Break All Records; Reach $495,474,845 THE EVENING STAR, WASHINGTON, D. C, FRIDAY, JANUARY 2, 1942. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE StOCkS I Shai— Stock ana "Add T | Stock and Add Add 115 Dividsod Baia. 00 Hikty Law Cloas Chve.| Divioend Rate, 00 High Low Close Chse.| Detrolt Edison 34 70, lo.'»t. 105t Tweit PR pie80 10 118" 115 115, - % 1115 (B Private Wice Birest, o Tha Star) Bales— NYCOmnib2._ 28 10% 113 +1% Det Bdison 45 65 111 NY Dock pf 1 14 14 WVaP&PDI6 .. 1104'; 104'3 104's = "% | Duquesne Lt 3'3s 65 10814 1084 Westn Auto82_ 6 15% 15% 15% + 1| 261 Add 6 "4 2 Stock and Dividend Rate. Eastn Alr Lmes_ i Eastn Roll Mills. Eastm'n Kod 6: Eaton Mfg3 ... El Auto-Tite 3 Elec Boat .90¢. Elec Pwr & Lt i 00 High Low Close cnn T W8 6 2y 24 2%+ Y4 2 13815 13715 13815 + 1a 2 31% 31% + Y4 14 9 Den &R G W 53 55 assd. 1!1 105% 111% 108% R6Y Stock and Dividend Rate. Acme Steel 4a _ Adams Exp .608.- Addressos’ph 1. Net High Low Close Chee. 484 4Tl 48l — i T — Ta 111 107 1115+ tNY Lack&W 5_ 70 46 4214 | Erie RR 15t 45 95 B. NYNH&HpIr. 2 WestnMd 2dpf. 1 6 6 - | ErieRRwen 414520158 48 NY Shipbldg 35. 8 B 244 234 284~ K| progone T a R 3861 No Am Avia 2§ . 16 13 184 170 18 —1 | poncisen % D18 79 7% 79 ~1% Lo 20% - 12% | No Am Co 1.65¢. 59 Condition Call Shows Rise of $18,055,730 In Final Quarter By EDWARD C. STONE. Shattering all former records in| the history of the Capital, deposits in the city’s 22 banks on December 31 reached a grand total of $495.- 47484544, a surprising gain of $18.055.73097 over the total of | $47741911447 on September 24, 1941, The Controller today issued a call for the condition of all banks in the District of Colum- bia and all national banks in the United States at the close of busi- ness December 31. It was learned by The Star that nearly every bank in the Capital had a substantial gain during the last quarter of the vear just ended. Deposits in practically every bank in the city are now at an alltime peak. Only recent large payments in Christmas Savings Club funds prevented all the banks from re- porting advances over the last call. On the last day of 1941 deposits in | the individual banks were as follows: Deposits on December 31, 1941. American Security & Trust .. £ Anacostia Bank. Commerce & Savings City Bank - Columbia ional Fast Wash. Savings Hamilton National Industrial Bank Liberty National _ Lincoln National McLachlen Bank. Morris Plan Munsey Tiust National Bank of Washington National Capital National Metropolitan, 35.423.24204 National Sav. & Trust. 22.660.607.29 Riggs National. - 160.296.608 .65 Second National 12.301.888.93 | Becurity Sav. & Com. 11,502,172.99 Union Trust. 15,094 44122 Wash. Loan & Trust 2922815401 Total $405.474.845.44 Eighth Consecutive Gain. . 1t was the eighth consecutive call &n which bank depos ington have scored advances new high ground. Calls were also sent out by thé | Federal Reserve Board and the Fed- eral Deposit Insurance Corp # State Bank Examiner John W. owning also asked for the condi- tlon of all Maryland State banks on December 31 Huge Weekly Trade Gain. Department store sales in Wash- tngton in the week ended December 27 soared 52 per cent higher than sales in the correspondine week in 1840, the huge increase being partly due to higher prices this year and in part to an additional day of GChristmas trade, the Federal Re- serve Bank of Richmond announced today. The fifth district gain was 48 per eent, 44 per cent in Baltimore and 38 per cent in a group of other cities, the report added There was a sharp dec per cent in Washington the previous week this vear, this decline being due mainly to the dif- ference in the number of pre-Christ- mas trading days. Sales in the Capital in the four weeks ended December 27 were 16 per cent ahead of the like period a vear ago. This was a much better showing than in the week ended | December 20. when the gain was only 12 per cent over the same period last vear In the four weeks ended last Sat- wrday the cumulative percentage gain in the whole fifth district was 16 per cent. same as in the Capital. Baltimore reported the same figure. The other cities noted a 14 per cent advance. The averages are based on reports from 18 leading department stores in the fifth district, the Richmond bank says. Clearings Depict Trade Boom. Washington bankers were com- menting today on the new clearings record established in the Capital in 1941, when canceled checks reached a grand total of $1.756.540417.10. a jump of $342,207.532.90 over the 1940 total of $1,414.332.884.20. Bankers sav these figures show conclusively that Washington en- joved the best business year in the city’s history. Many financiers con- gider bank clearings the best of all | indicators tivity. Clearings were definitely ahead of the 1929 record, when stock specula- tion was the wildest ever known. In the Capital reached $1.431.390.728.84, but even this huge sum was far un- der the record for the vear just closed. The 1929 total was the near- est approach to the amount reached in 1941. December clearings, which were the highest for that or any other month on record. totaling $172,982,- | 24223, were $33138687.62 higher than in December, 1940, when they | amounted to $139.84355461. The nearest approach to the December figure was in October. 1941, when the total stood at $167.930,954. Exchange Remains Active. In the first trading day of the new year the Washington stock | tarket suffered a letdown, but still remained active. The first sale of 1942 was 560 ghares of Real Estate Mortgage & Quaranty preferred at 7%, un- changed Capital Traction 5s came out on a $1.000 transfer at 103, also un- changed. Washington Gas fractionally higher, lots moving at 151;. Mergenthaler Linotype was strong, 42 shares changing hands at 28, against the 1941 close of 26'.. Bank Declares Dividend. Directors of the National Bank of Washington have declared the regu- lar semi-annual dividend of $3 per -~ $70.478.368.79 3.180.956.80 | 5.579,538.22 15.756.039.67 5.506.103.30 1.367.018.64 03.48 1.366.818.90 ‘49108102 8.373.404.59 13.403.586.53 291262168 into ase of 47 les over common was two 100-share share, payable January 2 to stock- | Rolders of record December 31, ac- | gording to President J. Frank White. Directors of the Security Storage Co. have declared a dividend of $1.50 per share on the capital stock, payable January 10 to stockholders of record January 5, Paul Alvey, secretary, announced today. Class 1 railroads in the Southern district in the 11 months of last year had an estimated net income sfter interest and rentals of $66,- 316, compered with $8,856,203 in same period of 1940. of the Currency | 5.578.606.22 | s in Wash- | depicting business ac- | that eventful year clearings in | Air Reduct'n 1a. Alleghany Corp_ Al'g’y £30 pf ww Alleghany pf xw. Alleg pr pf - Al's'y Lud 2.258 Allied Stores Allis-Ch 1.508 | Alpha PC %% __. Amalg Leather. Amerada 2 - Am Airlin 1.50% Am Bank N 308 tAm Bk Npf2 Am Bra §2.208 V tAm B S pf 5.2. | Am Cable &R . | Am Can 4 Am Car& P 1z AmC&PDI7 | Amch&c 2 | Am Chicle 4a Am Comcl Alco. | Am cry 81258 Am & For Pw Am & F P 2d pf. Am-Hawa'n 5z | Am Hide Am Hom Am Internat’l Am Locomoti Am Loco pf 7k - | Am Ma & F 94¢ Am Pw & Lt A P&ELS5 4.375 AP&LS6pI5.25k Am Radiator .60 | Am Roll M 1.40 } tAm RM p 4.50 580 | Am Saf Raz.508 Am Sm&R 3.508 Am Snuff 1 , Am Stores 1 Am Sugar | Am Sus Rpt 7 | Am Sum Tob 1 Am Tel & Tel 9 Am Tobac 4.508. Am Tob B 4.508. Am Tobac pf 6__ Am Viseose 15 _ Am Vicose pt5__ Am Wat Works Am WW 150D 6 Am Woolen | Am ool pt 12k | Am Zinc | Anaconda | Anchor HG 908 Andes Cop 1 Armour Dpf 7 | Armour 11t Arm Il pr pt Armstg C* | ar As50 Dry Goods - tAssoc Inv pf 5. | Atch T&S P 22 At CoastL1g AUG&WI P! 58 Al Refining 1a Atlas Corp .50% Aviat'n Cp 158 Baldwin Lo etfs.. Balio & Ohio . Balto & Ohio pf Bangor & Ar'vk iBangor & Apf.1 Barber A: . Barnsd, | Bath Iron Bendix Avii Benefic L1.7 Best & Co 1.60a. Beth Steel 6x __ gelow-San 4 _ Blaw-Knox .60 tBloom'dale .50 Boeing Airplane. Bohn Alum 2g +Bon Ami A Bond Strs 1.60a Borden Co 1.408 Borg-Warn 2g Boston & Maine. Bridgeport Br 1 Briges M?2.25¢ Briggs & Str3 _ Bklyn Un Ga: Brown Shoe Bueyrus-E 1 Budd Mz Budd Whi 1.05¢. Burl'n M pf2. Burr's AM 708 Bush Termin. tBush T Bidr pI- Butler Bros .60 Butte Copper Byers A M Co | +Byrs pf 20.65k. Byron Jack 18 Calif Pack 1.50- Calumet&Hec 1. Campb W 1.60g_ Canadian Pac__ Case (JI) Co 78 Caterpillar T2 Celanese 2 508 x 5 1 17 2 4 1 « 46 1308, 457y 3 11 19 4 £0 29 17 10 2 50 tCelanprpt7__ 1 Celotex Corp 18- Cent Agui 1.50a tC Il Lt pf 4.50 Cent RR NJ (1)~ Cent Violeta 18 Cerro de Pasco 4 2 18y 10 110 4 15 | tCert'n-t'd P pf 200 Chain Beit 1 1Cham P&F pt6. Ches & Onio 3a ChiG ETILA ChiGrt Western_ Chi Grt W pt Chi Pn Tool 28 ChiRI&Pr ChiRI&PT%pI T Chi Yell'w Cab 1 | chickasc 01 Chrysier 68 | Climax M 1.20a. Cluett Pby 3§ Coca-Cola 5z _- | Colgate-P-P.508 | Collins & Alk 38 | #Collins&A p1 5. |conFaI1a | corBC (A 2 Colu G&E .108-. Col GEEDI A8 Columbia Pie Comcl Credit 8. Comcl Inv Tr 3 Comcl Solv 558 - Comwl Ed 1.80. Comwith & So Comw&Sopf3.. Gongoleum 1a_— Consol Air 48 +Cons Csr pf 7 1ConC pr p16.50 Cons Cop .75¢ — Consol Ed 1.808.- Consol Ed pf & | Cons Fil pf 1k | consoloil .50 | con RR Cuba pt Container1.508- Contl Baking | Cont! Bak bt 8 | Contican 2 | Cont) Diam'd 1_ Contl Ins 1.608_ Contl Mot 108 Cont1 0il 1 Copperweld .80 +Corn Ex 2.40. Corn P1od 3 Crane Co 18 Cream of W1.60 | Crown C&S 1& | Crown Zeller 1¢. Crucible Stl 1x 36'9 & % 4 13% 21% 574 28 18 110 1% 2 12 12 30105 105 6 Crucible Stipt5 - 2 tCuba RR pf__ Cuban-Am Sug C-AScvpt5.50 | Cudahy Packing CuneoPress 1.50. Curtis Publish _ iCurt P pf .75k |CurtPorpf3__ Curtiss-Wr 1% . Curtsis-Wr A 2g Davega Sto 708 Deere & Co 28 | Del & Hudson . _ Del Lack & Wn._ Det Edis 1.408_ Diam'd M 1.508- Diam T Mot 1. DisC-Seag h2.28. 1Dixie-V A 2.50. Du Pont pf 4.50. 3 50 2 19% 1123 123 128 2 16 2 18144 1128 -~ / 34 145 3% 142 FEPFICIEIET EP&L 7pf 1.40k. Kl Stor B 2.508 El Paso N G2.40 Eng Pub Serv_. Eureka VacC . Evans Products Pajardo Bug 2 . Fed Mot T .108. Ferro Enamel 1. Fidelity P 1 60a. Pirst N8 250 _ Flintkote 1. _. tFollansbee pf__ Foster Wheeler.. Francisco Sug - Gair (Rbt) .258_ | Gen A Tr 3¢ Gen Bak 458 1Gen Bak pf 8 Gen Cigar 1a___ Gen Elec 1.40¢ Gen Foods (2) Gen Gas & EIA_ Gen Mot 3.75¢ . Gen Motor pf 5_ GenOutd A ¢ Gen Public Sve_. Gen Ry Sig 1¢ _ Gen Realty& Ut Gen Refr 1.40g Gen Shoe .908 _ 1Gen 8CpI1.5 Glllette SR .458. Gimbel Bros Gimbel Br pf 6_.. Glidden 1.57¢ Glid'n cv pf Goebel Br .20 _ GoodrichBF 2% GoodrichBF pf 5 Goody'r 1.3 Goodyear pt 5 _ | Gotham silk H_. 1Gotham pf 7 Graham-Paige_. Granby C 608 _ | Granit City 35¢ Grant WT 1.40 Grant WT p! 1 Grt Nor pf 2 GtNorOre ct 2 | Grt wn sug = | 1Grt WS pf7 |GreenHL2a Greyhound 1a Grem'n A 1.508 Guantan'o Sug . | 1Guantn'o S pt_ Guif M & Ohio GuifM-Opf2 508 Hack W pf1 HamilWat 1 tHamilt W pf 6 Harb-Wikr 1.50 Hayes Mfg C _ Hecker Pr .60_ Hercules P 3¢ Hershey Choc 3 Holland Fur 2 Holly Sug Homestake 4 50 Houd-H B 1.508 Househ'ld F 4a | Houston O11 Hudson Bay h’ Hudson & Man _. Hudson & M pf_ Hudson Motor. Hupp Motorr__. | Tliinots Central .. Lilinois Cent pf _ 1 6 2 tEndicott Jpt 5 2'!0 lllfi": 103“ 108‘ 11 112 174 1\1 1Ty 26% 38% 30 0k 171 2 - 14 10 .10 5 2 20 1111 O lsd lins 4 . 24; Indap PAL 1.60. IndusRay 2.508 Inland Stl 4a InspirationC 1. Intrcont R .40% | Interlake 758 _ Intl Bus Ma 6: Intl Harv IntIHydrEA _. Intl Mercan M Intl Mining .2 | Intl Nick Can 2. 3 Intl Pa & Pw |mup&pprs _ tIntl RCA pf 5k. 5 IntiTel& T | Intl T&TFor efs Inter SD S .708. Intertype 1§ JarvisWB1.1258 Jewel Tea 2.40_. | Johns-Manv 3 _ | Jones&Laul 358 Jones&L pf A B_ Jones&Lpt B 5 | Kalazoo s 752 Kans City So Kans C So pf 2¢. Kaufn DS .580s. | Kaysery 758 Kelsey-HB Kennecott 3.25¢ Kresge 5 1.208 Kress SH1.60_ Kroger Groe 2__ Lambert C1.50_ Lia Carbonic 1a.- | Lockhead A 2g__ 2. Loew’s, Ine 2a _ Loew’s I pf 6.50- Lone Star C 3 Long-Bell (A) Lortllard P 1.20. | Lou GXE A1.50- Louls & N 7e | Mack Trucks 3g. Macy RH 2 Magma C 2.508— Manati Sugar . Maracaibo Oll . Mar Midld .40g tMark S R pr pf. 19!0 Rfl. 12 MarshallF 1.30g. Mart'n Glenn 3g | MasterElec | Mathieson 1.508 May Dep Str3__ McCrory Sts 1a_ * | | McGraw E12a _ 'fl L sq Bt 8%y +l‘ 65+ o 1% % 2% + % +1% 21% — & i1 31% ~113 55 +1 13% + % 123 - ‘4 1613 - TP 34w + 1 | 9%+ 1| 1+ 8 5 11 1% + 8 14 +1% H 1515 +1% 16% + 15| 8% 1 24% + % 3+ % l9‘6-r % 15 +% 3% + % U4 41 ‘ Mc Kess&R l(e)vme Shoe | Mengel Co .50¢ - | Miami Cop .258- | Mid-Cont 1.158 Midland Stl 3g . Minn-Hon R 2a_ Minn-Mo Imp - | Misson Co . | Mo-Kans-" | MohawkCM 2 _ | Monsanto Ch 3g. Mons pf C 4 Motor Prod 1% _ Mot Wheel 1.60- Mullr Brs 2.2 Mllins pf 8. "5 Munsing 2 o | Mur'y Crp b-‘lt. Nash-Kel 3 | tNashca: | Nat Acme g Nat Au P pf 60_ | Nat Avia 558 | Nat Biscutt 1.60 Nat Can .25¢ Nat CashReg 18 Nat Cyl Gas .80 | Nat Dairy .80 _. Nat Distillers 2_ Nat Gyps 40g _ | tNat Gyp p14.50 | Nat Lead .50a | Nat Malle 1.75¢. Nat Supply - Nat Sup $2pf__. Nat Tea Co. Nehi Corp .60a. Newm't Min 2§ Newp't Ind .75¢. Newpt N 8 2.508 Newpt NSpf 5. 125 125 4 % NYChiaStLpf. 223, 38% 10615 401, 3% 14'5 168, 6815 351 20 26 15 3 3 3 1 14 % 3% 64 12 244 10 2412 ] - 1011015 1lfl!q 110% 14 | Monts Ward 2 26 27 tMor & E 3.875.120 251, 22 6l 103 oo md ok 0 8 SN No Am 6% pf3.. 1 Northern Pac 24 Norw Phar .90s. 1 Ohio Oll 508 - 21 Oliver Far 1g Omnibus Corp tomnibus p: | Ous Elev 1g + % P44 41 - 1% - % +1% - + % + % +3 - +1% 1% i <5 +1% - 4 % % | | pure o1l | PureOil Bt 5 | Radio-Keith Or_ " 1OUis Blev b1 6__ 30 142 Otis Steel - 12 Ous81stptilk 1 Ow-1llIGI 2.508- 5 Pac Am Fish 15 tPacific C PacCoastl PacCoast2d PacG&E2 Pac Lighting 3_. Pae Mills 505 tPac T& T 7 Pactfic Tin .708 - Pac Western Oil, Packard M .10g Pan Am Alr 18 Pan Am Pet .25¢ Panhandle 1 27% 2 14 190 101 2 Py | Paramt Pic .90g Param 2d pf .60. Park & Tilford - Park UM .10g Parke Dv 1.60g | Patino M 2158 | PenickacPord 45 | Penney (JO) 3a_ Penn-Dix Cem__ Pa-Dix pf 4k Penn RR 22 Peoples D 1.60g Pepsi-Co 2.502 tPere Mara pf Petrol Corp 458 Pfeiffer Brew 1 Phlps Dge 1.608 Phila Co 6%pt 3 Philco Co 1 Phillips Pet 2a__ Pitts Coal Pitts Screw .60 Pitts Steel 1Pitts Steel pf B 1Pitt 8 pr 2.75Kk 1Pitts 811 5% pf. Pitts& W Va___ Postal Tel p{ Pressed Stl Car_ PressSC1st .75k Procter & G 2 1Proc & G p! Pub 8 NJ 1.958 PubSvNJpIT . 1Pub Sv NJ pf 8_ 2! Pullmanla ___ 34 25% 504 41 10 Pure Oil pf 6 4101 Purity Bk 1.208 QuakerSO 1.25¢ tRail Sec Tl Bt Raybestos-M 2g. Rayonier Reading Co1 - Reading 2d pf 2. 4 1 1 6 R 0 1 1 | tReal S H pf 2k | Switt Int12 _ | | K 1 2 1| Reming R .80a Reo Mot vic new Republic 8t 2¢ . 54 Revere Copper 4 #Rev Col 17 50K 120 Revnolds tReynTob 2.10g 5 Rey Tob B2.108 2. Safeway Strs3a 2 y S pf 5 280 8tJosephLA2 . 6 1St L-So'wpfr 20 Savage A3.318 10 Seab'd Ofl 1 Sears Roeb 3a__ Servel Inc 1 Sharon St 1 _. 1Sharon St 5 Sharp & D 208 Shatt'k PS 40a_ Shell Un Oil 1¥ Simmons2g - Skelly 01! 1 508 78loss-Sheff fg Socony-Vac 508 33 So Por RS 80% SE Greyh'd 1.50 So Cal Ed 1.508 So'n Pacific -1 So'n Railway So'n Railway pf Spks Withingt'n Sperry Corp 2 Splegel Inc 60g SquareDC3s Std Brands 40s. Std Gas & Eiec Std GAE $4 pf StdG&ESS pr pf Std GEESTpr pf Std oil Cal 1a__ Std O Oh 1.50a Sterling P 3.80 StwWarner.508 Stokely Bros Stone & W .608 - Studebaker. SunOil1s Sunshine Min 1_ Super Oil .05g Suthld Pa 1.20 Swift&Co 1.208 Sym-Gould 1 ‘Texas Co 2a Tex Gulf P .10g Tex GlfSulp 2 Tex P C&O 408 Tex Pac LT .108 Tex & Pac Rwy_ Thatcher Mfg Thermoid .60g 1Thermoid pt 3 Third Avenue _ Thompson J R Thomp-Star pt . Tide W A Oil 1g. Timk-Det 4.258. Tmkn RB 3.508- Transamer .50 . Tri-Continental. Truax-T .6258 - 20th Cent-Fox - 20th C F p{1.50 TwinCityRT 1Tw City R T pf 6! Twn Coach .75¢ Und-E-F 3.508 UnBag&P1 Un Carbide 3z__ Union Ol Cal 1. Union Pacific6 __ Union Pac pf 4. A | Utd Atrcratt 4 la | Utd Air Lines + % | United Corp Utd Carbon 3 - Utd-CarrF1.208 - % | United Corp pf-. 4 l‘u United Drug +1 el | tUt Dy pt 525Kk Utd Elec Coal . ~ % | United Pruit 4 _ + % | Utd Gas Im .60 Utd M&M 758 . + % | Utd Paperboard. % 1 Bl el % 1 + % +18 ) i e 4 3 1 % 4% MK - 4% 17 4 € 2% 44+ | U S Rubber 2z - 08 Distribu pf 1US&ForS pf 8 USFreight 1 __ US Leather US Leather A _ . US Pipe&Fdy 2a US Realty&Imp_ 141, 6113 4513 68 528 l t ] l 16% 0% US Rub 15t £ 8. U S Sm&Ref 58 US S&R pf 3.50. US 5tl Corp 41 US Steelpf 7 U S Tobac 1.508. Vadsco Sales Vanadium 1.508 Van NorM 1.308 Vick Chem Victor Ch 1. ‘Walworth .25 .. Ward Baking B. ‘Warner Pic____. 1War P pf3.85k- Warren Brr. tWarBrevofr. Wash GL1.50.. e Pump 2§ Wes O&S8 2.258. WesORS DI 4. A FEF Fresy FEFEET Ric 1081 11 | 122 25% ~ 1% 93, — 1 | 99% -2 BR —lly 9% 9y + & 2% . ' ' 1 W - 3% 13, o * L * 20% +1% 2 264 + 64 5% - 4| 287+ laf 8% + % 74 12% + ¥ ~3% | 1 i =5 80 36 1%+ 1% % 4% Bas oy 3y 4 W -1 + 1 n 4‘:4‘% - 10 124'5 124'5 1243 < 4y Westvaco 1.858. 1 30's 303 3043 = 4 tWestva pf 4.50. 20 106 106 106 Wheeling 8t12g. 35 264 25'% 264 1% WhiteM125¢ . 8 15 144 15 Willys-Overland 1 Willys-Overpf_. 6 Wilson & Co n Woodw'd Ir 24 Woolworth 2g 22 2 Worthington P_ Wrigley 3a Yale & Tow.60a. Yellow Trk 1 Young 8&W 1g Yastwn 88T 3 Ygstn 8D 1.7 Zenith Radio 1g Zonite .15¢ Appreximate Bales Teday 0 AM . 80,000 12:00 Noon_ 100 PM__ 220,000 2:00 PM _ Total ____.* 580,000 1Unit of trading. 10 shares. rIn bank- ruptey or receivership or being reerganised under Bankruptcy Act. or securities as- sumed by such companies. Rates of divi- 1% 1 160,000 280,000 Unless other- ec! dividends are not inecluded. = rights. 2 Also ext Zwl stoek. e Paid last id so far this yesr. h Pay- k Accumulated this year. § De- listing pendins. = Actual ssles. ‘Bond Market By private wire direet to The Star. Transactions Tadfl 2 n,lum 30,000 Approxi Domestic Bonds.. Poreign Bonds USGov'tBonds . . . TREASURY. High. Low. Close. 2128 1952-54 103 103.23 103.23 | 2128 1967-72 100.2 100.6 100.0 2305 1951-54 Gen Steel Cast 5125 49 Goodrich 4! @rt Nor Ry 3%s 67 Grt Nor Ry 45 463G Grt Nor Ry 4546 H Grt Nor Ry 13t 4%s 61 Grt Nor Ry 4% 77 Grt Nor Ry 53 73 Grt Nor Ry B Gulf M & N 528 B0 Hocking Valley 4'3s 99 Housatonic cn 5s 37 Hudson Coal 53 67 A Hud & Man inc 5- 57 Hud & Man ref 5s 57 _ Tlinols Central 43 52 Illinots Central 43 53 Dlinots Central ref 4s 35 Tlinois Central 4345 66 . ICC&StLNO 63 NICChSILNOBS63A. Int Grt Nor 1st 68 52 _ Int Hydro Elec 65 44 IntT&T4%s 52 IntT& T 63565 KCPS&MII4s36ct. Kansas City 8o rf 55 50 _ Kansas City Term 45 60 Kresge Pound 3s 50 . Laclede Gas 55 42 | Laclede Gas 525 53 Lake 8 & M 3'35 87 Leh Val Coal 55 64 std Lehigh Val Har 55 54 __ Leh ValN Y 413350 Leh Val RR 45 2003 std L VRR ¢n 4128 2003 atd Leh V RR 552003 std___ Libby McN & L 45 55 Long Dock 3248 50 __ Long Is! ref 45 49 Long Island rf 45 49 std _ Long Island unif 45 49 Louisiana & Ark 53 69__ Lou & Nash 53 2003 __ | L &N 8o Mon Jt 45 52 McCrory 8t 1086 1086 1086 351951-55 110.15 110.15 110.15 NEW YORK CITY BONDS. 351930 . 1031 103 FDl[IGN BONDS. High. Argentine 41 72 Peb Argentine ¢3 73 April Argentine 4733 48_ Australia 4128 56 Australia 5s 55 . Belgium 6135 49 103 52!5 83 83 521y 83 83 | Brazil CRYEI 78 B: | Brazilgs 4l . _ Brisbane s 50 Buenos Alres 4 77 Buenos Alres 4748 75. Canada 2135 45 Canada 35 67 Canada 43 6 Chile 63 60 Chile 63 61 Peb assd.. s 63 assd 7542 assd Colombia 35 70 Colombia 6s 61 Jan Costa Rica s 51 Cuba 43377 Minas Geraes 6138 58 New 80 Wales 5857 Panama 3'4s 94 A std | Pernambuco 7s 47 Peru 15t 65 60 Poland 4135 68 assd Rio Grand do Sul s 68._.. Rio Gr do Sul 7 66 | Rio Grand do Sul 85 46 Serbs &s 62 Urus 3%-4-47a8 81 79 . DOMESTIC BONDS. Adams Exp 4'cs 463t ___ 106 Alb & Sus 3%s 46 Alieg Corp b3 44 mod Alleg Corp 58 50 mod .__ Alis-Chalm 4552 cid __ 1 Am & For Pwr 55 2030 .. Am Intl 5123 49 Am Tel & Tel 33 56 Am Tel & Tal 3143 61 Am Tel & Tel 348 66 Am Water Works 68 75 . Ann Arbor 4s 85 E Armour (Del) 1st 4s 65 . |AT&SPgen4s 95 AT&SFCA4'2162 Atl Coast L 1st 4s 52 At Coast L clt 48 52_ Atl Coast L 4755 64, Atl Coast L bs 45 Atl & Dan Lst 45 48_ Atl & Dan 2d 43 48 AtlGulf & W In 55 89 B&O1st4s48 B&095s5Cstd-. B&ODAs Pstd_ B&02000Dstd BLOPLEEW Vads 514 | B&OSWb50sstd B & O Toledo 48 59 Bang & Aroos cn 45 51 Bell Tel Pa 55 48 B Beth Steel 3148 65 Beth Steel 3'ai Boston & Main . Boston & Matne 4133 70_ Bkiyn Ed cn 3'as 66 Bkiyn Un Gas 58 50 Bkiyn Un Gas rf 6s 47 _ Buff Roch & P 57 stpd _ Bush Term cn 5s 55 Canadian NR 4%s 81 Can N R 4133 56 Can N R 55 69 July Can N R Bs 69 Octob Can Nor 6141 46 Can Pac 448 60 Celanese Corp 38 55 Celotex 4'as Cent Georgia 55 58 C. Cent New Eng 45 61_ | Cent N Jgen 55 87 Cent Pacific 15t rf 48 40 Cent Pacific 55 60 | Cent RR & B Ga 55 42 | Certainteed deb 543 48_ s Ches&O03%396 8 | Ches & O gen 4'28 92 Chicago & Alton 35 49 * | Chi Burl & Quin 4148 77 ChiB&Qrigbs 71 A Chi & Eastn Ill inc 97. Chi Great West 45 88_ 14| On1 Gt West in 415 2038 | Chi Ind & Lou 53 66 | Chi i &5t Paul 58,75 C M & 8t P ad) 55 2000_. 1(:|1&NW“nn!7 | Chi & NW gen 43 87 Lcmamwcmma'/ Chi & NW cv 4% 40 | Chi & NW 4% 87 LCM&N‘W!(SIN’KW ChiR1& P ref 4s 34 | ChiRI& Pgen 4s88 | ChIRI& P 435852 A | ChiRT&Pev4las 60 ) | Chi Unton Sta 3%s 63 SEEFE WESFE FE¥ Choe O Gen bs 62 CCC&BtLrt4lhs77 . Cleve El Illum 35 70 - Colo Puel & Iron Bs 70. Colo & South 43 §0. Col G & E 53 52 May Columbis G & E&bs 61 Colum & 80 O 3%s 70_ ! Comel Mackay 69 w w_. | Comwith Bd 3%s 08 | Conn R Pw 3%s 61 | Cons Coal Del bs 80 | Cons £4 N ¥ 313 46_ 109 109 109% 1095 109% 80 81 103 105 105 4 107% 107% 109% 109% 107 107 109% 109% 109% 1087 108% 108% Continental Oll $%s 48 1024 1024 1024 Cuba Northn 5%s 42¢ctf. 23% 23'% 28% Dayton P& L 3s70____. 106% 105% 105% b4 B51% 54 1% 0 | MilBoa & NW 4547 . [ MBUP& B8 Menta38. | MoK & T 1st 43 90 | MoK & T4x 62 Mo K&T4s MoK & T 5362 A MoK & T ad) 5s 67 Missouri Pacific o | Missourt Pacifie 55 65 A Missour! Pacific 5577 P Missouri Pacific 55 78 G.. Missour] Pacific 55 80 H | Missouri Pacific bs 811 Missouri Pacific 5'2s 49 _ Mont Pwr 3748 66 Morris & Bs 3138 2000 Morris & Es 4135 55 | Morris & Bs 55 55 Natl Dalry 3%s 60 NewET&T4'%s61B . New Orl Ter 15t 4s 53 NOT&MBs54Betls NOT&M 5%8 b4 N Y Central 3%ss 5 N Y Central 3% 46 N Y Central con 41 98 N Y Central 4143 2013 A N Y Central ref 55 2013 N YCLakeSh3'3s 08 _ N Y C Mich C 3138 98 NYChi&StL3's N Y Chi & StL 414378 | NYChi&StLEs T4A N Y Edison 3'4s 66 NYL&Wnlstés73 NYL&Wn4'ss73 NYNH&H3%s 54 NYNH&H3'25 56 NYNH&H 4547 NYNH&H4s55 NYNH&EH4s56 _ NYNH&H4s57 _ |NYNH& H45167 _ NYNH&Hcv6s 48 Niag L & O 55 55 Norf & W 1st 4596 _ Norn Pac gn 3s 2047 Norn Pac 45 97 | Norn Pac 43x 2047 Norn Pac 55 2047 C Norn Pac 58 2047 D Norn Pac 68 2047 Nor States Pwr 3138 67 _ | Osden L C4s 42 ©Ohio Edison 4s 65 Oreg Wash RR 4561 __ Otis Steel 4125 62 fle G & E 3% 61_ PacG & E 4564 | Pennsyivania Co 41 63 Penn P& L3%s60 . | Penn P& L4'as Penn RR 3148 52 | Penn RR 333 70, Penn RR 4: 48 | Penn RR 443 81___ | Penn RR 43 84 B Penn RR gen 4!35 65 | Penn RR deb 435 70 Peoples GL&C 5547 _ | Peoria & East 13t 41 80 | Pere Marquette 45 56 | Pere Marquette 4135 80 Pere Marquette 55 56 __ | Phelps Dodse 3%as 52 Phila B& W4'3s 81D _ Philadelphia Co 4'4s 61 _ | PhilARC&Irb Phila R C & Ir 65 49 Phillips Pet 1% Bl PCCa&StL4% Portland Gen E 4 Prov Sec 43 57 Reading R 4125 97 A Republic Steel 4135 61 Richfleld Oil 45 52 Rio Gr Junc 5s 3 Rio Gr W 1st 45 39 | Rio Gr W col 4549 A__ Rutland (Can) 4849 ___ StLIMSR&G 4333 | StLSanPrass0A. StLSanPr4las 78 8t L San Pr 55 50 StLSW Ist 45 89 StL W 5352 | StLSWret5:90 San A & A Pass 4543 Seaboard A L 48 50 stp Seaboard AL ref 4550 _ Beabd AL rf 43 59 etfs _ Seaboard A L con 65 45 Seaboard A L 6s 45 et Seabd AL Fla 6535 Act Simmons Co 45 52 Skelly Oil 35 50 Socony Vac 3s 64 80 Colo Pwr 65 47 A Southern Pacific 3%s 45 Southn Pacific eol 45 48 _ Southn Pacific ref 43 55 . Southn Pacific 4145 68 Southn Pacific 4133 69 Southn Pacific 4143 81 .. So Pacific Ores 43%s 77 Southers Rairway 43 56. Southern Railwa: Southern Ry gen 63 56 Southern Ry 6128 56 SW Bell Tel 31 63 Studebaker cv 65 45_ Switt & Co 2%s 61 Texarkana 5%s 50. | Texas Corp 33 59 ‘Texas Corp 3s 65 | Texas & Pacific 55 79C.. | Texas & Pacific 55 80D Third Avenue 43 60 Third Avenue ad) 55 60.. Toronto H & B 43 46 _ Union Elec Mo 3%s 71. . United Cer W Strs 55 52 United Drug 5s 53 _ U S Steel 2%s 51 United Stockyds 4%s 51. Utah Power & L 55 44 ‘Wabash 414378 C_ ‘Wabash 1at 53 39 0. Wabash 53 80 D ‘Wabash 5%s 75 ct asd Warner Bros 6s 48__ ‘Warren Bros 6s 41 Yastwn 84 T 3%s 60 6iy 53 3% 1021, - 1021, 104% 1051, 60 60 51 111% 70 Wl'fi 93% 9Y% Stocks Near Normal; Many Late Models Reported on Hand By DAVID J. WILKIE, Associated Press Automotive Editor. DETROIT, Jan. 2--The ban on &2y | 36ts [ Priv 1 | 39, 40 381y 41% 115 ‘ll’n 39’- 1081, 991, 97 TR 831y e ru. lflb‘ 1073% | 103 864 105 111% 111% 70 70 933 9415 1005 1001 978, 973, 100% 100% | 4015 88 97&' lfll‘h 101 % 934 934 37 37 8 ° 99% 99% new passenger car sales is not likely to be reflected in any immediately Advances of Fractions To $2 Predominate; Oil Group Weak By VICTOR EUBANK, Associated Press Pinancial Writer. NEW YORK, Jan. 2.—Composure was the word for most stock market | noticeable curtailment of automo- | bile use, according to authoritative ’sources in the motor vehicle in-| | ’l'hese sources point out that cur- rent stocks of used cars still avail- *| able to the general public are at | close to normal levels and that as | & result of last year’s heavy buying ‘ of new units, include a large num- [ber of late models. | New car buying has lagged sharply ‘slnce the start of the new model 5| vear last August 1. This was due, say the sales experts not only to | increased prices, heavier tax levies | and credit restrictions, but also to the unprecedented volume of “ad- vance” buying that marked the early | months of last year. Future Is Uncertain. long used car stocks will | meet demand in the months ahead. of course. is purely conjectural. An immediate upturn in used car de- mand is one of the reactions trade | quarters expect to vesterday’s ban: | on new vehicle sales. It is pointed out by authorities, however, that more | than 1000000 new passenger cars | that normally would have been pur- | chased in 1942 were bought in the rush of the first half of 1941. This, they explain, automatically curtailed normal demand for 1942. Although they apparently will not be available for general distribution. 102.424 new passenger cars probably will be assembled in January, as previously authorized by the govern- mental war production agencies The scheduled production represents less than one week's normal activity in the industry and should be off the assembly lines long before the “few weeks” when all such output is to cease. the trade War Council Formed. Anticipating heavier reliance upon | the automobile industry for arma- , ment production the Automobile Manufacturers’ Association this week | created an “automotive council for | war production.” Coincident with the creation of the council, the car makers adopted a declaration of unlimited co-operative effort to speed production of every possible item of war material. “We pledge. on behalf of the entire automotive industry.” said the reso- | lution, “not only a co-operative spirit in the common task, but com- plete interchange of mass-production information. time-saving techniques. product improvements, tooling short- cuts and developments which the individual concerns have now ef- fected or will bring about in doing their portions of the work “The Nation will not lack for one gun. one tank. one engine. that the capacity and ingenuity of this in- dustry’s producers can add to the | forces of our Nation and its friends on all the fighting fronts Chlcago Grain By the Assoriated Press. CHICAGO, Jan. 2—Grain and sovbean prices advanced for good gains today in initial trading of the new vear, with buying stimulated principally by Washington develop- ments. Prices of some deliveries were at new peaks for the past four years. Raising of price ceilings on fats and oils. including sovbean oil and lard. and Senate subcommittee ap- proval of legislation providing price ceilings on farm commodities at not less than 110 per cent of parity for grains, were principal developments. Closing at or near the dayv's highs. wheat was 114- cents higher than $128-1.28'<: July, up: May, 85%; \ =13 up: rve, 2ia- 37, highcr: sovbeans, 3%« -414 higher; lard. 55 to 70 cents per hundred- weight higher. New highs for the season were posted for September deliveries of wheat, corn and rye and July soy- !Il“ Cash eat, No. 1.263,: N Ard. 6 Corn. ol No. | RATS: No.% vellow. A0): sample grade \'rllo\ N No, 3 white, 5 o. "% 8413-56. No. 4 Dle srade white. Barley. malunl | ® nominal. feed and screenings. 50 Rominar. Ko, & batiev, wat Soybum | No.'2 vellow. 1 No. 1, 1 I ‘hundred- 0 aisike., Nd tlo\tr 65019, A1, " Flela weignt pominai Timothy. 14,51 red top. R 00-K | 13.00-17 08, aver clover, " New York Cotfon BY the Associated Press. bale today on trade, Wall Street and New Orleans buying. The upward move was stimulated by the Senate Subcommittee approval of 110 per | cent parity ceilings. Raising of the | ceflings on fats and oils was also l market factor. Contracts were supplied by scale up hedges and profit taking. Ad- verse war news caused only a mo- | mentary setback. Late prices were $1.80 to $2 a bale higher; March, 17.64; July, and October, 17.89 Putures closed $1. higher. NEW u“':‘.’?nv: lllfllfllltfl .’ Iil‘luanfi .’ Becreiary’ Wickard (hat t mignt be m NEW YORK, Jan. 2—Cotton fu- | tures advanced as much as $2 a| 17.85, ‘ leaders today in the face of dis couraging, if hardly surprising, war news from the Philippines. While oils were relatively weak, some losing 2 points at the worst, mail orders revived, along with rails, steels, farm implements and as- sorted specialties. Gains of frac- | tions to 2 or so predominated at the close The list started the New Year w | irregular trends in most depa ments. Prices recovered as the pro- ceedings got under way and were at the best in the final hour Dealings were sluggish throughout, and transfers of around 450000 shares were among the smallest for a full day since early October ! A brisk rgily in zx_xlf‘ulhnal com- modity fuftres aided entiment for stocks group was buoved by the appro of a Senate subcommittee of pri ceilings on major farm products not less than 110 per cent of parit: Occupation of Manila and Ca by invading Japanese was a mo- mentary chilling influence on bullish contingents, but apparently brought out no real liquidation of shares. The thought that American defend- ers still were in there fighting. and that help might arrive soon, aroused hopes that the end of the story would be entirely different The sharp fall in the day’s stock turnover represented t heavy tax selling, br the fact many reinvestment inc| pending the outlook for industr the light of broadening governmen- tal controls Bond Prices Narrow. The bond market narrow range. with the trend slightls mixed. Going into the final “hour the majority of changes eit were less than a point F.\rn;mnn cluded Firestone Tire 3s, which dropped sharply last week on news concerning the rubber industry, today recouped nearly 3 points of the loss. Goodrich 41,s, however, tinued to lag. Cottonseed Oil Dealifigs To Be Resumed Tomorrov; By ith and con- the Associated Pre NEW YORK: Jan. 2—The Nev York Produce Exchange announ today that trading in cottonseed oil futures, suspended since last De- cember 15, -would be resumed tomor- row morning Daily fluctuation limits will be 1 cent a pound, on the besis of the last closing prices: 12.63 cen pound for January an for March. May and July New permanent price ceilings fixed by the O. P. A. January, 1392 cents a pound: March, 1391. ana May and July, 13.93. a 1265 cents Mengel Co. Purchases Kemper Furniture Mer, contain unced ex- nen cabinet the b Co.. wood manufac pansicn into Incorporated Paul W. Kempe! dent of Kemper Fu tive in kitchen kitchen fufhiture tinue as manager and will retain his present staff, Voit said Z field Baltimore Stocks 8pecial Dispatch t DTI e Star Commodity Prices NEW YORK. Jan 2 —The Associated Press weighted wholesale price index of 35 today advanced to 9554, new wek ago 04 7% 11926 average eavais 100 Arliss to Play 'Plper’ George Arliss, now 73, will make in England the film “The Pied Piper.” the story of a kindly old man whose son was killed with the R. A. F. at the beginning of the War. Stock Averages a0 Stke 380 371 395 4.1 45.0 354 nduu Rais. Ot Net change —1.0 1.2l 4 156 263 Today, close 55.1 Prev. day 541 144 259 Month ago 57.1 155 289 Year ago 628 164 350 1941-2 high_ 63.9 19.0 355 135 245 | 1941-2 low__ 517 1040 high.. 742 205 406 522 130 309 370 1940 low... 52.3 | 60-Stock Range Since 1927: 1938-39. 1932-37 1 ) High ___ 547 7.3 1577 Low ___. 337 169 6138 (Complled by the Associated Press.) Bond Avelages 20 10 10 Rails. Indust. Otil. Net change " -5 —1 +.1 Today, close 60.8x102.7 99.9 V... 6031028 99.8 Mon!h ago 62.3105.0 101.6 Year ago - 61.1105.1100.1 1941-2 high 66.5105.4 102.2 1941-2 low_ . 58.3102.7 98.9 61.4105.9 100.7 483 903 903 10 Low-Yield Bondn Close ___.1122 Prev. day- 1121 M'th ago. 1147 Year ago 1142 41-42 high 115.1 41-42 low 1121 1940 high 1146 1940 low 1084 XNew 1941-2 Iow. (Complled by the Associated Press.)