Evening Star Newspaper, January 6, 1942, Page 16

A-14 x FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., FINANCIAL TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE‘SiockPncesFoIIow T o w5 Imegular Course TUESDAY, JANUARY 6, 1942, Utilities Disclose Uneven Earnings Stock and Add Stock and Add Kantas ity Term 40 60 108 108% J0B% Dividend Rate. 00 High Low Close Chee. Dividend Rate. 00 381 981 tCranecvpf5 . 10 957 95% 95% 8o'n Railway ot 11 9713 Creamof W1.60. 5 1413 14% 14la+ % Soks Withingtn 15 Stock and AII Dividend Rate. 00 xm Low Close C‘hl‘. Marine M .10e . 7 u. 1 tMark 8 R pr pf 160 MarshallP 1.308. 3 Net Low Close Chse. 33% 334 1% 1% 1% =% Colombis 33 70 _. Stock and Ad d Dividend Rate. 00 High Low Close Chae. Abb'tt Lab1.60s 1 49 49 CrownCaS1is.. 7 Crown Zell .25e, 8 Crucible 8tl 1, 184 11% 34% 18 114 33% 184 + W 1l — % 3% — % Mart'n Glenn 35 39 1 2": 24% 53 2% 2%-t 19 19% +1% 30% 30% Lake 8 & M 3'42 97 Lehish C & N 48 54 A_. AtDay’s Close Trends Herg Two Companies Gain Over 1940, Others Report Declines By EDWARD C. STONE. | Alteghany of zw. Two of Washington's big utllity | A'e’y Lud 2.25¢. corporations had larger earnings in | ‘{"" Indus 1 the first 11 months of 1941 than in Allied Chem 6a the previous year, while the other | uiiieq stores two reported small decreases, ac- | allis.Ch 1.50g- 20 cording to statements filed with the | Alpha Pc2g __. Public Utilities Commission. Higher | Amalg Leather__ operating expenses, including much | Am Airlin 1.508 lfl heavier taxes, cut deeply into the‘:"‘:"";" 10e 6 net results. R ms e Potomac Electric Power reported | am Cabie & R a net income for the 11 months ol‘Am Cand _. $3.619.287.98, against $3,581466.22 a|Am Car&Plg year ago, an increase of $37.821.76,/ AmC& Fpt7 or 106 per cent. Operating xe\enuas‘ Am Ch & C 2¢ revealed a gain of $1650599 or 10| Am Chicle 4a per cent, but operating e\pemrs s = taxes and depreciation called for| $1.222234, which was 11 per cent more than in 1940. Income deduc- tions for interest were also much higher than a year ago, 31.02 per cent. Capital Transit reported a net in- :,','I' 3,2:",;:“,0' come in the 11 months of $1,127,- | am Locomotivs 746.26, against $818.699.44 a year | Am Locopf i ago, an upswing of $309.046.82, or 37 | AmMac &Fy . 80, per cent. The gain was in spite of | Am Ma & Met o 23 - | Am Metal 1.508 an increase of $231369 in operat-| T PC TSR o0 of E P&L 7pf .35k 31%, ing expenses, taxes and deprecia- |\ bl 0 B El Stor B 2.508 3 218y B1sy tion. An increase of 36.867,799 in| s pgr g5pr 94k 7 ElPaso NG2.40. 2 24'¢ 24% 24 revenue passengers carried Was a A paLsé1.125k 6 tEndicott JpI5. 40108 108 108 vital factor in the income increase. Am Radiator .60 82 Eng Pub Serv.. § - 3 Chesapeake & Potomac Tele- AmRoliM1.40 42 k) phone’s net earnings amounted to tAmRMp4.50 510 svl‘ $1497.309. in comparison with $1.-| ::'ms;;‘g‘];l‘" ,u‘_ - 672,400 in the like 1940 period, a Am Sm&R 3 508 z» 2 modest decrease of $175.091. While | am smarpf 7. the company was swamped With Am snuff 1e business, which resulted in a jump Am Steel F g of more than $2.000.000 in operating Am Stores 1 revenues. expenses and operating Am Stovel.=2o . taxes were also up more than Am SusRefZe £2.000.000, Am SugRp{7 - 4 Am Tel & Tel 9_ Washington Gas Light's net of | om Tobac 4.508. $985.174, compared with the $1.106,- | Am Tob B 4.508- 20 377 in 1940, lacked $121.203 of being | Am Type Found. 3 up to the previous year. Due to Am Viseoselg . 4 unusually warm weather in certain Am Wat Works_ 18 months, operating revenues were | Am Woolen . 4 . Am Wool pf 12g only $189975 higher than in 1940, | AT 7\o : while operating expenses, including | anaconda 2.508 50 depreciation and taxes, were $415,- tAnaco W 2.50g 100 142 higher than a vear ago, the re- port discloses. Real Estate Bonds Drop. Anchor HG .80z 6 | Arch-D-M1.858 2 Armour Iit Arm Dl pr 1 Real estate securities dropped 44 ArmstgC2 per cent in December under war- :"W;fl — time selling and vear liquidation, | Asso Dry Goods. according to Amott-Baker realty | jA%esTavels 190 bond price avcrages. The December | gich TasFpt5. 5 slump was contrary to a gain for aticoastLilg.. 14 the year amounting to 7.5 per cent | AUG&WI 2 and consecutive monthly advances ' AlG&WIpf 5 for 17 months. Every classification | thowed improvement during 1941, although all participated in the December decline, the review states. Hotel isfues are 15 per cent above T8% = % H‘l +14 gG’u 41s s 45% 45% + 104 10\6 + 13% lfls‘nlofiifio 15% 6% 31 10% 67 3115 N 25'9 24% 28% 5% 14% 20 100 3815 38 2% 2% U 358 13 12% 13 Crucible Stinf 5 2 1Ouba RR p! Cuban-Am Sug_ C-A S8 cvpf 5.50 Cudahy Packing. CuneoPress 1.50. Curtis Publish . _ | tcurt P ot 786 9 12 8 76 12% 8% 1% T k(3 Spicer Mf 2.258 t8picer M pf A3 290 Splegel Inc .60 16 1Splegel pf 4.50 220 SquareDC3g . 2 SquibbER] 4 -m Brands 40s 354 354% 584 583 —113 4 An+w 41 42 +1 38% 38% - 14 49 4 1% Cuba 5%8 53 Estonis 78 67 Prench Gov 7s 49 LehC&N4%s b4 C Lehigh Val Har 5s 54 Leh Val N Y 4338 50 Leh Val RR 45 2003 std Lehigh Val RR 4z std L VRR en 4138 2003 49 tAD Lab pf 4.50. 20 1084} 108% 108% + & AcmeSteel 42 - 1 46ls 464 d6h—1% AdamsExp 608. 4 T4 1 W Air Reduct'n 1a. 23 38Y% A& Vicks 6 __ 10 61 Alaska Juneau . 4 2 4 & 8 5% 3 422 Hir 71 1 6 Rally Only Briefly As President Bares Vast War Plan By VICTOR EUBANK, Associated Press Financial Writer. YEW YORK, Jan. 6—The stock market experienced a brief rallying flurry today as the President re- vealed his $56,000,000,000 war build- | ing program to Congress, but trends 7 “isoon reverted to the irregularity Manati Sugar 45 57 - which prevailed from the start. uumlznuun SR | Aircrafts turned around and | pushed up briskly when the Chief Executive told of a production schedule of 125000 planes in the 18 | 1943 fiscal vear. Most quickly backed 1% | away as the rest of the list refused 10'5 | to follow through on the swing. 10°%| While there were a number of fairly strong performers visible at the close. losses of fractions to 2 or 150 were well spread over the ticker 267¢ tape. Dealings were fast at intervals | and transfers for the five hours ap- proximated 900000 shares. Wall Street seemed to get a mo- | mentary inflationary thrill from the | disclosure of the huge outlay for “ | pressing the offensive against the ‘| Axis, but the picture of soaring , | taxes, which Mr. Roosevelt also | painted, did much to offset the big spending plans. Brokers attributed the day’s hesi- tancy in many instances to profit cashing on the recent market bulge, which was the widest on average since September. 1939. Those who were in on the ride which got under way in the final week of December | were not slow to lighten commit- ments, on the theory a technical re- versal might be in the offing The news from the beleaguered Philippines was slightly more opti- mistic 2nd cheer was derived from Russian and British thrusts against the Axis in the U. S. S. R. and Arica, but buyers were none too confident of the effect on securities Steels were soft throughout while | motors were at a standstill. Rails, coppers. oils and rubbers held to a slim groove. Bond Prices Improve. The bond market turned upward, but there were enough laggards to give the list a slightly irregular tinge. Gains in some instances ranged to ? points and more toward the end of the session. while losses were limited largely to fractions. Warren Bros. 6s were a point of activity with a 3';-point jump to a new 1941-2 high. Hear- ings are scheduled Januarv 7 on amendments to the company's re- organization plan. Holders of the securities were expected to benefit from anticipated improvement In the economic position of Cuba, where the company operates, & Klec_ am G&BS4pf StdG&ESS pr pf | 8td G&ES7pr ot 8td 01l Cal 1 M'Inty P h2.2%. Mc Kess&R 258 McLellan 8 .60s. Melville Shoe 2a. Mengel Co .50s - tMeng 5 pf 2.50 100 Merch&M Tr 1z 2 Mesta Mach .7 Miami Cop .21 Mid-Cont 1.15¢. 12 Midland 8t13¢ _ 5 20 1Mid] 8 1st pt 8. 40 100 Minn-Hon R 2a. Minn-Mo Imp._ Mo-Kans-Tex__. Mo-Kans-T pf__ Mohawk CM 2 _ MonsantoCh 3g. 2 90'3 90's 901 +1 tMonspf C4 . 10110% 110% 110% + % Monts W'd 50e 28 28 tMor & £3.875.310 261 Motor Prod 18 _ 10 7'a Mot Wheel 1.80_ 2 111y Mullr Brs 2.258. Mullins M{g B _ tMullins pf: . Munsing 2.508.. Murphy GC 4 _ Mur'y Crp 508 Nabceo Liquidatg Nash-Kel 375¢ Long Is) ref 45 49 Long Island rf 48 49 & Louisiana & Ark 5s 69 Louisville G & E 31, Loutsville & N 3% 2003 Lou & N 1st 452003 ___ . Me Kesson & R 3%:356_ 1041, Maine Cent RR 4123 60_. 47 Norway 81 43 Norway 6s 44 Rio de Jan Rio Gr Rio Grand do 8ul Bante Pe Prov 4s u 810 Paulo State 7 Sydpey B | Drug 33,-4-4 Davi an C .60s-. 9 Decca'Rec .60a. Deere & Co 28 - Deere&C pf1.40.- Del & Hudson Del Lack & Wn._. Den RGW ptr_ Det Edison .35e_ tDevoe&Reyn 1. Diam'd M 1.508- Dia'd M pf 1.50 Diam T Mot 1a . Distill C-8 h2.22 Distill C-Se pt 5. Dixie-Vor .75 Doehler Die 1 Dome Mines h2_. Douglas Air 5g. Dow Chem 3 Dressr Mf 1.508 Dunhill Intl 3 | Du Pont 7s_ 24 1431 140 140% =24 | Eastn Air Lmes_ 6 27'; 27 21 -% 1, |Eastn Roll Mills. 1 2% 2% 2% 1 | Eastm'n Kod 6éa. 5 140 1391 un 1 | Eaton Mfg 3 317 31, 75 | Kl Auto-Lite 3__ zx 23% 22% Elec Boat 908 . 20 13% 13 ElecaM'eal .06e. 1 # # ElecPur&Lt _. n 1 5 4 1 9% M s 114 65 65 bRy 57 58 58 55% 554 57 57 DOMESTIC I}NN Abitibl PAP B3 53 atd. 55 Sterling P 3.80 StwWarner.50s _ Stone & W .60 Studebaker 15un O pf A4.50 Sunshine Min 1_ Superheater 1 Super Oil .05¢ Superior Steel Suthid Pa 1.20a. Swift&Co 1.20a_ Bwitt Intl 2 Sym-Gould 18 __ Tenn Corp1___. ‘Texas Co 28 | Tex Guit P 108 | Tex GltSulp 28 | Tex P C&0 40a Tex & Pac Rwy._ ‘Thatcher Mfg Thonipson Star_ Thomp-Star pf ‘Tide W A O] 1 ‘Timk-Det Timk R B Transamer .50 Transcontl&WA. Tran & W 1.80¢ Tri-Continents 20th Cent-Pox . 20th C P pt1.50 Twin City R T 1Tw City R'T pf Twn Coach .75g. 0 248 +1% ‘ 28! - % 6 148 — 20% + 100 38 + 24 ~ 5+ i 2 2 b 20126 125' 10 4% FEFET Mich Central 4135 7 Mich Cons Gas 4 63 Mid RR N J 55 40 Ml Spa & NW 45 47_ | Minn Bt L 45 49 ll!t?hl!MenGlal MBStP&SSMen e M8 P & 55M 51 3 510 MoK & T Ist 4590 MOK&T4és62B_ MoK &T4!:s78_ MoK &T5862A Mo K & T adj 55 67 Missouri Pacific 4875 . Missouri Pacifie bs 65 A _ Missour! Pacific 53 77 P Mo Pac 83 77 F etts | Mo Pa€ 55 Prex Missouri Pacific 5s 78 G Missourt Pacific 55 811 . | Missour Pacific 5145 49 9715 | Mohawk & M 4s 91__ ,“7. = Mont Pwr 3%s8 66 Morris & Bs 3128 2000 Morris & Es 4138 55 Morris & Es 58 55 Nashville CA L4378 _ | Natl Dairy 3%s A0 National Distill 3125 <8 National Steel 35 65____ New Eng RR 0 45 New Jer Junc 43 K6 reg _ | NewOri TA M5s54B . NOT&M5s54Betls |NOT&M3s56C |NoTam Cetts _ NOT&MBY%s 54 INOTAMB!854 N Y Central 343 52 n- N Y Central con 4 98 | N'Y Central 4145 2013 A 51 | N Y Central ref 55 2013 514} NYChi&StL 312847 97 | NYChi& StL4lasi8 129 | NYChi&StL5%: 744 101% | N Y Conn 15t 313865 __ 104'; | N Y Dock conv 5x 47 10315 | N Y Edison 345 65 _ NYNHAH3 647 NYNH&H3 25 54 NYNH&H4s4 NYNH&H4s55 _ . NYNH&H4s56 NYNH&H 43567 NYNH&Hel 6340 NYNH&HCy6s48_ 1 W W 361 +1% St 95., 106 o115 5% 581y 6103 1006 10712 6319 WO - . | Alleg Corp bs 44 mod __. | Alleg Corp 55 49 mod__ Alleg Corp in 81 50 | Alleg Corp 53 50 mod - ——. Alleg Valley 43 42 E a3 ® XTI TETSPN R R O - PAER «| Am1G Chem 5'28 49. Am Intl 533 49 Am Tel & Tel 33 56 Am Tel & Tel 343 61 | Am Tel & Tel 3'4s 68 __ Am Water Works 65 75 .. Anglo-Chil Nitr db 67 _ | Armour (Del) 1st 45 55 s Am-Hawa'n 5g... | Am Hide & Lea _. “ 21" 13 # 1 31% 47 105 2R 341y 38 | AT &8 Pe 4160 AT&SPgen4s9s AT&SPgen 4595 res | Al&ChALA 544 | AtiCozrt List4s 52 Atl Coast L clt 45 52 Atl Const L 4733 64 _ Atl Coast L 53 45 | Atl & Dan Ist 43 48 | At & Dan 2d 43 48 B&O1st 4848 B& O 1s:4s48 std. ./ B&Ocveossd. .| B&O®ssAsd B & 0955 C std B&O96s Fatd B&O2000Dstd . _ | B&O PLEAW Vads 618 B&OBWbHOsstd B & O Toledo 43 59 Bang & Aroos cn 43 51 Bang & Aroos cv 45 51 st s, | Bang & Aroos bs 43 Bell Tel Pa 55 60 C. BeilySteel 35 60 Beth Steel 348 59 Beth Steel 3% 65 Beth Steel 3! | Boston & Maine 45 60 Boston & Maine 4135 70 Boston & NY AL 4555 Bklyn Un Gas 55 45 31'« Nat Au Ppf .60 Nat Avis 55¢ Nat Biscuit 1. Nat Biscuit pf 7. Nat Can .25¢ Nat CashReg 1a. Nat Cyl Gas .80 Nat Dairy .80 _. Nat Distillers 3_ Nat Gyps 40g TNt Gyp pf4.50 Nat Lead .5 Nat Malle 1 | Natoup1 Nat Pwr&Light_ Nat Steel Nat Supply 1Nat8 6pf 975K Nat Tea Co. Nehi Corp .60a - Neisner Bro 1s._. Newm't Min 2¢ (i i CESESwEFSE Erie RR ctfs. Erie RR pf A Eureka VacC __ | Evans Produets Ex-Cell-0 2.60¢ . | Pairbks M 2.50g Pajardo Sug 2 - | Fed Min & S 45 | Fed Mogul (1) Ped Mot T 104 Pedtd DS 1.40a Perro Enamel 1_ Fidelity P 1 60s. Firestone .25e Firestone T pf 6. PiIrst N8250.__. | Plintkote 1 Florence Sto 3¢ . Follansbee Stl__ 1Follansbee pf__ Food Ma 1.40a__ Foster Wheeler_. | Francisco Sug. Freeport Sul 2 _ Fruehauf T1.40- | Gabriel A Gair (Rbt) .25 GairRpf1.20 _ | tGamew'll 2 25g120 Gar WoodIn 40. 17 Gen Am Inv.258 10 Gen A Tr 3¢ 5 Gen Bak 458 _. 5 1Gen Bak bt 8 220 12y | Gen Cable 2% % | Gen Cabre & \ o. igar 1a ! lec, — 92 ._ Gen Fooda () 14| Gen Gas& EIA. 31 » | Gen Mills 4 1 i | Gen Mot 3.75¢ . 247 31'1 Gen Motor 1126 126 13 GenOutdoor.20e 3% 3 % GenOutdA ¢ _ 294 29 ' | Gen Public ve_.. n |Gen Ry Sig 18 _ 1y % | Gen Refr 1.40g.. 181 14 | Gen Shoe .25¢ 9% ’l | 1Gen SCpf 1508250 1| GenTeleph 160 2 —1% | Gen Theatre1 _ 4 ~2 | GenTire&R 18- ~ 1a | Gillette SR 458 ' | Gillette SR pt 5 4 35 | Un Carbide .75¢ | ton EM pt 450 Union Oil Cal 1. | Union Pacific6 | Union Pac of ¢ | Union Tank C 2 | UtdAtre | Utd Airera U Aire risJan 13866 Utd Air Lines Utd Biscuit 1_ | Utd Carbon 3_ | United Corp | United Corp pf | United Drug __. Utd Dyewood 1ULDy pf 5 | Utd Blec Coal | United Pruit _ | Utd Gas Im 60_ 57 | Utd M&M T5¢ 5 108 Distribu pt_160 | US & For Secur | U8 Freight 1 | US Gypsm 2 | 1US Gypspt 7 _ US Ind Alco 1a . US Leather | US Pipe&Pdy 2a | US Plywood1 20 US Realty&Imp | U8 Rubber = US Rub 15t pt U S Smelt&R US S8&R pf 3 US St Cor 4% US Steelpt 7 | US Tobac 1.50¢ tURv Leaf T 48 fUDIVL T pt & Vanadium 1508 Van NorM 1.3 Vick Chem 24 Victor Ch 1.40g Va-CaroChpflg | tVaEIPwot 6 tVa IronC&C pt Waldort Syst 1_. Walgreen 1.60 Walker H hé Walworth 258 Ward Baking A Ward Baking B Ward Baking t Warner Pie Warren Brr 1War Br ev ot r_ 480 Wayne P 50e _ 2 Webster Eisenl .. 4 % Wess O&S 5e L 1West PAEDI6 30 927 tWest PAEDIC 11030 tWest PP pf4 50 10 ‘W Va P&P 50e 1 Westn Auto82_ ¢ | Westn Maryld . 1 Western Un 2g . 21 Wthse AB 1.758. 19 Westinghse 5¢ _ 19 | tWesthse pf 52 50 | WestonElIn2¢ 1 12| 1Westva p! 4.50 160 1- )! Wheeling St1%¢. 3 U= wheel stipr5 100 + 2 white Den 1. 108 5%+ I White M 1.25¢ | White Rock.108 White Sew Ma ‘WhiteSM pr pf2 Willys-Overland Willys-Over pf Wilson & Co Wison pf 1.50k Woolworth 2 _ Worthington P_. Wrigley 3a -- | Yale & Tow.60a Y - 2 Pitts Forging 1_. 9 | Yeliow Trk 1a Pitts Screw .60 - %4 & 14| 1Vellow Tl 7 Fitts Bteel _ ia | Young S&W 1 1Pitts Steel pt B 1, | Yustwn S&T 3 1Pitt 8 pr 2,758 Yestn 8D 1. 1Pitts 8UI 5% Bf. | Zenith Radio 18 Pitts & W Va | Zonite 158 Plym Oil 1.208 % Appreximate Sales Today Poor & Co 11:00 AM__ 210,000 Postal Te pf __ 1:00 PM _ 480,000 Pressed 8t Car Total £00,000 PressSC 1st +Unit of trading. ten sheres: sales COmwith Ed3ias 58 i e o e e B Ty oot s De SO Pub 8 NJ 1.958. e L T Y | Cons £ o Pub Sv NJ bf 6 L Bien R o g N gem i ine foresoing | Cons B N Y db 3tar 48_ Pub 8v NJpt 8 LED N;y’i;m‘tb:' | Puliman 1a . 2: | Consol » Pure Oil 50¢ o ;fi";; fid’maena!n are not ’"X']':'g""::xlr;.‘ = :::onsol on a';-lu e Pure Oil »f 5 ividend. xrEx rishts. a | Consum Pwr 3128 7 Purity Bk 1.2 Sofar n‘.’.flf.’y"x"p‘:';.m’e oy °§ | Continental Oil 2%s 48 QuakerSO 1.25¢ Jast year yable in Canadian funds. | Crane Co 2'as 50 S kAccumullled “@ividends paid or deciared | Crucible Steel 3%s 55 Radio Corp .20e K Accuny o S Radio-Keith Or. uba Northn 5128 42 et Rail Bec L8t Raybestos-M 2g. i, Bond Market | Cuba RR7%as 46 etts___ Dayton P & L 33 70 Del& Hud rf 4343 _ . Reading Co 1 By private wire direct to The Star. Reading 15t pf2. 13 Denver & R G con 43 36. Den & R G 433 36 tReal 8 H pf ! Den& R G W rt B Reliable Sts 508 Reming R .25¢ * )1y IIIOII 51 [+ 441 3 2| 36 41 - l- i s Newpt N 8 2.50¢ NYAirBr3g_ . NY Central ___ 19 NY Chi&8tL___ | NY Chi&st Lt |NYCOmnib2__ NY Dock pf NYNH&HT NYNH&Hpfr. | NY Shipbldg 38 Norf & Wn .1 | NoAm Avia2s . No Am Co 1.65¢ | No Am 6% pf 3. Northern Pac Nor Sta Pw p{ 5. tNorthw Tel 3 __ Norwalk Tire __ tNorwalk T pf Norw Phar .90¢ 1 Ohio O1l .50¢. Oliver Far 1g. Ompibus Cor! 1Omnibus pt % | Otis Elev 1g 1 | Otis Steel Otis 8 1st p11k Ow-1IlIG 2.508 . 12 PacAmPishls. 1 tPacific Coast _ 100 tPacCoast2d pf . 60 Pac Pinan 1.208 PacG&E2 Pac Lighting 3. | Pae Mills .50 |tPacT& T7 'acific Tin .70g . Packard M .10g - PanAm Air 1¢ - Paraffne? | Paramt Pic .90g Paramt 15t 6 Param 2d pf .60 Park UM 108 - Parke Davis.40¢ | Patino M 2.15¢ 133 'enick&Pord 4% Penney (JC) 3a_ | Pa Coal & Coke Penn-Dix Cem _ Penn-Dix pf 4¢ Pgnn RR 2¢ Peoples D 1.608.. | PeoplesGL&C 4 | Peoria & Eastn | Pepsi-Cola 2508112 Pere Marquette. 3 tPere Mara pt _ 30 tPere Mar prpt. 10 Pet Milk 1 5 | Petrol Corp 458 2 Pfeiffer Brew1 2 Phips Dge 1.508 33 1PhilaCo $6p2 6 100 7 Philco Co 1 | Philip Mor 3a. Phillips-Jones __ | Phillips Pet 2a._. Pillsbury Pl 1 Pitts Coal | Pitts Coal pt Pitts Coke 508 | tPitts CAI D5 100 1057 1085 108% 211, T 24 445 271 Buff Roch & P 57 stpd Bush Term cn 53 65 Buth Term Blds 88 60 Canadian N R 4138 81 Can N R 4723 56 Can N R 51 69 July Celanese Corp 38 Cent Ga en 53 45 Cent Georgia 53 59 C. Cent Ga B'25 69 Cent N J 4587 Cent N J gen 61 87 Cent Pacific 13t rf 42 49 Cent Pac:fic bs 60 N Cham P & P 4748 35-50 Cham P & P 428 38-50_ Ches& 03'2396D _ Ches&03'28 96 E Ches& O gen 42392 _ Chicago & Alton 3s 49 __ Chi Burl & Quin 48 58 Chi Burl & Quin 4138 77. ChiB&Qrig5s71 A ChiB& QI divaias 49 CB&Q Il dv 3349 re CB & QI div 45 49 Chi & Eastn TIl inc 9 Chi Great West 45 88 Chi Gt West in 4133 2038 . Chi Ind & Lou 53 66 Chilnd & L gen 6566 __ ChiM & St P gen 4s 89 _. ChiM&StP412889C . CMA&StP4':380R Chi M & 8t P 4345 89 Chi Mil & St Paul 58 75 C M & St P ad) 58 2000_.. 1 4, 100 N Y Queens 315565 NYS&WTer5s43 _ NYWa&B4'a1 46 | Nort & W 13t 43 96 North Am 3% 54 North American 4s 59 Notn Pac gn 3s 2047 | Norn Pac 43 97 Norn Pac 4735 2047 Norn Pac 55 2047 C Norn Pac 582047 D_ Norn Pac 65 2047 Ozden LC 4s 4% _ Ohio Ed1son 4s 65 Ores RR & N 43 46 Oreg Short Line 55 46 Oreg Wash RR 45 61__ | PacificG & E3: 70 Pacific G & E 3125 66 Pacific G & E3°4s 61 PacG & E4s 64 PacTATII3%s66B _ 10 PacT&T3%s66C __ 1081, Par Broadway 3s 55 ct _ Pennsyivania Co 43 63 __ Penn O & PennP&L3 Penp RR 3'4; Penn RR 3% Penn RR 415 81 | Penn RR 4125 60 Penn'RR gen 4133 65 Penn RR deb 413570 Peoples GL&CBs47 _ Peoria & K inc 4s 90 Peoria & East 15t 43 60_ Pere Marquette 4556 __ Pere M2 rquette 55 58 Pheips Dodge 3%as 52 Phtiadeiphia Co 4Yes 61_ Phila RC&Ir5s73 Fhila RC & Ir 65 49 Philippine Ry 43 37_ Phillips Pet 134 51 PCC&StL 4 PCC&SILS: PCC&StLS5: Pittsburgh Steel 4’2 Pitts & W Va 412859 B . Pitts & W Va 4128 60 C_ | Portiand Gen E 4125 60 Reading R 412897 A___ | Reading R 412597 B _ | Republic Steel 4135 56 | Republic Steel 455 61_ Republic 8tl 5'3s 54 | Rio Gr W col 45 49 A. 75 RIA&T4a834 R, | Rutland (Can) 4a 49 | Rutland RR 4 Tl 46 St L Pub Sve focal 19 1037, 10474 1041, 41 410 | Atlas Tack .30 3y '3 Aviat'n Cp 155 199 Baldwin Lo etfs. 23 W 527 3 .‘ | 104'; 104" 10215 102'3 102 101 10115 101 Chlcago Gram ms 102'3 W 1073 1081 11 1081, 1081 395 | 1021 1011, 1087 811 921, 9915 120% 1025 337 S 126 -1 3a + 1a 29 -1 ] 1= 1% 184 = 4 9+ Y 3'a —1 19'3 — * 11 181 9y 3 19 By the Associated Press CHICAGO. Jan. 6—The rallv ia stocks, touched off by the Presi- dent’s message to Congress. soon spread to the commodity markets today and grain prices rallied sharply. Under the leadership of sovbeans, which jumped 2'. cents a bushel, wheat futures rose around a cent to the day's best levels. Corn was in- clined to lag. but all other grains were stronger. The advance in soybeans was due partly to the impetus of stop-loss buy Some renewed milling ac- tivity was in evidence in the wheat pit and limited offerings forced prices upward. Profit-taking sales again appeared. however, and buy- ing enthusiasm was slowed down somewhat at times. Closing prices for wheat were 1§ to S5 cents above Monday's finzl quotations. Mayv 1.2975-129. July 1.20'4-'<: corn unchanged to !s up, May 85%-',. July 87 oats % to 1'« higher: soybeans advanced 1 to 1'4: 1ve gained % to 74 and lard was 2'; lower to 5 cents a hundred- weight higher. WHEAT Op May = Juix 8115 ! o3 | 2644 628y | Gobel Adolf 2| GoodrichBF 2¢ | GoodrichBF pf 5 Goody'r 1.3758. 28 + 'a | Goodyearptd_. 2 — | tGotham pf 7 _150 — 1 Graham-Paige_. 5 | Granby C 60¢ _ 4 4 | Granite City.358 10 |Grt Norpt2e . 16 Yo GlNoron et 2 6 | Grt wn sue 2 Wi 1GrtwSpt7 | Green HL 2 Greyhound 1a | Greyh'd pf 55 Grum'n A 1.508. Guantan'o Sug.. | Gulf M & Ohto . | G M&O pf 2508 tHack W pf1.75. | Hall WP Prig 1 | tHamilt W ot 6 | Harb-Wikr 1.50. | Hayes Mig © = 55| Hecker Pr .60, T | HemeGWoa__ = % | HerculM 1.258_. = % | HerculesP3g _. '» | Hershey Choc 3. Holland Fur 2 Hollander 1.25¢ 1 Homestake 4.50 | Houd-H B 1.508 '2 | Houston Of1 %4 | Howe Sound 3a ] | Hudson Bay 3 4 1 6 8 6 1 3 i Ohi & NW Chi & NW 41328 2037 Chi & NW 4135 2037 C Chi & NW cv 4745 49 Chi & NW 4343 §7 Chi & NW gen 53 87 Chi & NW rf 55 2037 Chi& NW 612536 _ ChiRT& Pref4s34 __ Chi RT& Pgen 45 88 ChiRI&PgndsRSct . ChiRI&P 43852 A 7 ChiRT&Pevd'as60 ChiStL&NOM4:51 Chi TH& S inc 5560 _ Chi Union Sta 31as 63_ | Chi & W Ind ev 45 52 Chi & W Ind 474s 62_ 1| Childs & Co 5543 _ o CInG&EDVs 66 Cin Un Term 3%s 68 Cin Un Term 3 ©CC & St L gen 41 93 - CCCaStLrI4n77_ |cccastLav4sso C C CAStL CW&M 43 91 Cleve Un Term 413377 _ <= % | Cleve Un Term 5373 10 Cieve Un Terin 5138 73 2'¢ + % | Colo & South 4'35 & | Col G & E 53 5% April 000 | Col G & E 55 52 May £60,000 | Columbia G & E&5s 61_ Comel Mackay 69 w w. - 1074 107 50 140 140 140 1047 1037 2 33% 33% 33% 14 12 K‘n 1 . . e 2 10115 101% 1017 2 100% 1001 106 106 106 106 908, 993, 60 60 60 605 807s R1% 801 801, R0 R0Y 104 104 1031 1035 1047 1043, 803 &1 &1 £0'2 104 103% 1043 12% § & FEFE PE 112 108% a sy ) a2 1t ‘5,, 8tLSan Fr413s 78 51 StLSF4iasTRetat ) s t L San Pr 5350 B Rt 12 8 1970 197 llfi'« 119 ™ | Hudson Motor. "‘ | Miinots Central... 2 | Niinois Cent pf . * | 11 Clsd lins 4 19 Indap P&L 1.60. Indian Refining . | IndusRay 2.508 tngersol-R o1 8 50 15615 1554 Inland 8tl 48 473 Tl Inspiration C1. 6 10% 10 Insursharct .20 14 61y tInterchpf6 _ 20 lom. 10912 109'5 IntrcontR 408 39 9'a 8 Alat Ta Interlake 23 7‘. T Tl IntiBusMa6a_. 2151 150 161 — 1, IntlHarv2a __ 29 481; 47i 474 —1% InUHydr EA _. | Intl Mercan M _ Intl Min&Chem Intl Min&Ch pf . Intl Mining 258 Intl Nick Can 2. Intl Pa & Pw {InuP&PDIS +Intl RCA pf 5¢ 1Intl Shoe .45¢ Int] Silver 6g nti Tel & T Inter §D S .25 Intertype 1§ 1514 Crk C 2.508 JarvisWB1.1258 Jewel Tea 2.40_ Johns-Manv 3 tJohns-M pf7 Jones&Laul 358 Jones&L pfA5_ Jones&L pt B 5 Kaiamaz Sto .60 EansCity So.__ Kelsey-HB Kennecott 3.258 Kresge 85 1.20a. Kroger Groe 2. tLaclede Gas Lambert C +.50_ LeeR & T .i5e Leh Valiey Coal- Leh Val Coal pi— Leh Valles RR__ Lehman Co 1s _ Libb-O-F 3.508 Lib McN&L.358- Lig & Myers 41 Liss & My B & Lige & My of Lima Loco 1s. Link-Belt 2 Liq Carbonie 1 01 | StLSW 5552 . Bt L SW ref 5590 _ San A & A Pass 43 43 w 2:00 PM _ e | % | R Chicate Cash Market. Wheat No. re 2914 corn. old. No 8 yeilox s“’, Q-w tfiorn No. 3 yellow. R0ly- No. ; e L‘ 106 | Seaboard A L con 63 45_. 1041 | Beaboard AL 6s 45 et 108 | Seabd AL Fla 6335 Aet. Shell Union Ofl 2% 54 . ° 6 3 965, 74 4. clu No 1 white. 0. No. ey DTy, malting, 71 eed and_screenin; _nom 1061 | wvgum No. 3 yellow, 1.6813-1.70; 1.87-1.68': sample grade vellow, 1.68305; fleld ceed. r hundredweight, no :5- alsike. 14.5 top. - red clover, 15.0 1500; Tvect eiover. 6 50-5.00. Oil Production Down Slightly During Week By the Associated Press. TULSA, Okla, Jan. 6—Dafiy crude oil production in the United States decreased 51,790 barrels %o 4,029,700 for the week ended Janu~ | ary 3, the Oil and Gas Journal said today. California_production was down 50,000 to 577,750; Kansas, 14,450 to 242,200; Illinois, 1315 to 386,110;. Oklahoma, 250 to 419,400, and East ‘Texas, 50 to 369.050. Texas production increased 11,150 to 1,494,500; Michigan, 1,650 to 54,- 100; Louisiana, 1,075 to 361,075: the Rocky Mountain States, 640 to " 112260, and Eastern fields, 450 to 112,250, London Market Firm LONDON, Jan. 6 (£ —The stock ~ market closed mainly firm today after maintaining a good undertone throughout the session. British funds wemained steady and South Amer- jcan bonds finished firm. Induse trial shares closed fractionally firm- er. Kaffirs were generally higher, Philco Shares Offered NEW YORK, Jan. 6 (#) .—Smith,- Barney & Co. yesterday offered pube licly a block of 11,030 shares of com= mon stock of the Philco Corp. at & fixed price of $10.38 & share. The" hlli‘ closed in the exchange at $10.50.... 121' 25 9 86 10 9y oo-, | Southn Pacific eol 45 49 _ Southn Pac eol 4s 49 rg Southn Pacific ref 45 55 _ Southn Pacific 4 , | Southn Pacific 4! | Southn Pacific 4728 81 , So Pacific Ores 43487 5 S0 Pacific 8 P Tel 43 50. Southerr. Raftway s 56.. Southern Railway 5s 94 Southern Ry gen 6a 56._. | Southern Ry SW Bell Tel 3s 63 SW Bell Tel 3158 64. Stand Oil N J 33 61 Stand Oil N J 2% 53. Studebaker cv 63 45 Superior Oil 3'28 56._ Texarkana 5'as 50. ‘Texas Corp 3s B! rD 32 65 Pacific 5377 B. Texas & Pacifie 53 79 C_. Third Avenue 4s 60 Third Avenue adj 53 60 Un Oil (Calif) 33 59. Un Pacific 3%s 71 647y 518 bl L3N 524% 84 2( 24 O I EITE T Y Y TP PPE RN FrEFd Approximate Transactions To‘ny" 00 "480,000 120,000 a1 3 ® Detroit Edison 3s 70_ EI P & BW rf 53 65 EIP & SW 55 65 atpd Erie RR 15t 4595 B Erie RRgen 428 2015 K Pairbanks Morse 43 56 _ Firestone T& R 35 61 _. Pla East Cst Ry bs 74 Ponda J & G 43 82 ctfs . Gen Steel Cast 5‘1! rESS TREASURY. High. Low. Close. - 105.10 105.10 105.10 - 1006 1003 1003 7 10817 108.17 Reo Mot vte new Republic 6t 2¢ 55 tRep 8tlcv pf 6 100 RepStipfA6 _ 1 Revere Copper _ tRev C pf 1.7 3615 11 » 0 2145 1954-56_ 2. 2345 1951-54_. 2343 1056-50_. 33 1046 48 Jl 1951-55 32% 6l 3'0 T4 b 10 124 124 124 14 24% 23% 1 64 64 37 T4 4 ba 5% 6 3% 3% 1 5 5 51 37% 36% 3 224 22'% 3 294 28% 9y 11% 181 1% Reynolds Metals. Rey Spr 258 Rey Tob B 2.108 Richfield .625¢ Ritter Co Inc 1g. Roan Ante 285 Safeway Strs 3a. tSatewsy Spf 5 St Joseph LA 2__ StL-SanFranr StL-SPpfr Savage A 3.31g Schenley D 1 Scott Pa 1.80 Seab'd AirLr__ 110.22 110.22 110.22 104.10 104.10 104.10 - 1059 1059 105.9 | 41as1947-52_____ 116.2 115.29 115.29 FEDERAL FARM MORTGAGE, 351044-49 104:23 104.23 104.23 NEW YORK CITY BONDS. 351930 103'5 103 Gulf M&OTef 4375 B Harlem Riv & P 45 54 L iizd IONDS‘ Low. close ‘ Housatonie n 55 37 Argentine 4s 72 Pel 70 | Hudson Coal 83 62 A Argentine 438 48_ 93 | Hud & Man inc 8557 __ Australia 4138 56 49 | Hud & Man ret s 57 Australis 58 55 5415 | Tlinois Bell Tel 238 81 _ Australis 58 57 . 54'¢ | Nlinois cn:"r:l 4382 __ Belgium 6155 49__ 582, | Tllinois Central 4 53 Belgium 78 55 881, | Tllinols Central ref 43 58 Brazil 6133 1926-57.. 9 193 | Dlinois Central 43 66 | 9% 16 92, | Mlinois Central te¢ 55 55 97y Grt Nor Ry 4s46 H_ Grt Nor Ry 1st 4! Grt Nor Ry 4%as Grt Nor Ry 55 73 Grt Nor Ry 5148 52 Gulf M & N 55 50 96 - 2 106'5 877y 96 103 103% 883 89 28 10 b Union Pacific 1st 48 47_. United Drus 5s 53 United Stockyds 4%s 51. U8 Steel 2.653 55 Utah L& T 5s d - Utah Power & L 53 Va Ry 15t 3%8 66 Wabath 4143 78 C et asd 103% | 341, =18 h+ B Y+ & 13 - 57 + 61— 1 915 - 14 60 34 5% 324 = Ta 12% ! 1'4 3n St 278 + % 20% + % 13% + % 18 -% =% 1084 b 23 3 B 8 | Servel Inc 1 | Sharon St 1g tSharon 89t 5 140 Sharp& D 208- 1 tSheaffer P 2a _ 40 Shell UnOil 18- 19 Stiver King .40 Simmons 28 8kelly Oil 1.508- Smith A O 508 Smith & Cor 28- SuiderPie 1 85 54 63 4 4 12 12%- % N 2% 2% — U 2102 102 102 +2 24% 24 K ™ Ta 5 41% 3y 203 1915 11t 49 314 ban 3 13% Wlhlh 5876Bet s Wabash 58 80D et asd__ Walworth 6s 55 lCc.llLlo“ml” TICChSILNOBsB3A Inspiration Cop 13 48 53. 1Int Hydro Elec 63 44 Int Paper 1t 5s 47 dnt Paper ref 63 55 Westchester L 58 50_ ‘West Shore 1t 45 2361 _. ‘West 8h 15t 45 2361 15 43 42% 43 1004 100% 100% 24% 24% 24% 104 1047 e Al% 4“ 46 EICY 42 6l 8% Buen Air 4135 Aug Canada 2%s 44 _ Canada 2'3s 45 Canada 33 67. 5 5 5 1 1 = o1 w da Chile 65 80 60 asad Chile 65 81 Jan hsed Chile Mtg Bk 65 61 Chile Mtg Bk 65 61 asd Chile Mtg Bk 6562 asd - Chilean Mun L 75 60 ssd. Lorillard P 1.20. Louis&N s M’And&For 2, Mack Trucks 35. xz Macy RH 2 ~ % | Magms C 2.5 8o Por R th tSoPRSDIS _ SE Gresh'd 1.50 SoCalEd 1 SonNstG1 James P & C 45 5% Jones & Laugh 3%a EansCit L8 & M 43 36 Kansas Oity 80 3z 50 Kansas City 8o rf bs 80 Atl Refining 1a the 1940 close and Lave an average msjio& Ohio . 54 price of $322 after a drop of only | Baito& Ohiopf. 19 27 per cent in December. Office Bangor& Artk. 4 ouildings are 7.8 per cent ahead. | tBangor& Apf 240 and apartment hotels are 6.5 per ; Barver Asp 5 cent up. Apartment and theater Barker Broslg lssues were. respectively. 46 per Larnsdal 60 - Bath Iron 1.25¢ cent and 3.4 per cent lowe Bayuk Cig 1.50 Indicative of the general nature Bendix Aviat 4g. of the December markets affecting | Benefic L 1 zood_and poor issues alike, 139 of | Best & Co1.60s. the 200 issues used in the average pein & =s' 0¥ fell in December, 47 remained un- | ggelow.san4 changed. and onlv 14 rose in price. pgiack & D 1.80g The average dollar price per $1,000 | Biaw-Knox .80 bond is now $302, compared to Boeing Airplane 8281 a year ago. | Bohn Alum 2g Bank Elections Next Week, | oon AmIASS Washinzton’s national banks. as Bond Strs 1.60a well as several State banks and Borden Col.40g trust companies, will hold their an- = Bors-Warn 2z nual meetings next Tuesday, when :::::’:‘;‘;‘1““ directors will be named for the gEERT - coming vear. Few changes in di- griggsar2.o5e rectorates ahe anticipated | Brigss & Str Secretary Morgenthau has sug- Bklyn-Man Tr_ gested that every family budget | Bkiyn Un Ga: should set aside 5, 10 or 15 per cent | Buevrus-E 1x of income for the purchase of De- 1'3'3:;’;;3“ - fense savings bonds | YBuda Mre ot The Commerce Department re- puqq whi1.05g ports that sales of 2870 wholesale Builard € 2 50g. firms in the United States were 24 Burl'n M 1.50g. per cent ahead of the previous year Burr's AM70g in November. and that sales in the tBush T Bldz ot first 11 months of 1941 were 31 per | Butler Bros 60 pe | Butler B pf 1.50 cent better than in 1940. | Butte Copper - Jacobson Heads Grocers. | tByers pf1.00k Isaac Jacobson was re-elected Byron Jacklg president of the District Grocery | Calif Pack 1.50. Stores, Inc.. at a meeting held last CaliabanZinc . night at Jewish Community Center.| comonw 1.60g. This will be Mr. Jacobson's 12th | canadaD 60s . term. The District Grocery Stores Canadian Pac are a co-operative group of 230 food =Cannon Mi stores located in Washington and Carpenter = Car'rs&G 225¢ Manity. | Cace (D) Co7e Mergenthaler Linotype stock, Clt?rbllllr‘l‘lfi which has recently been so active ' cejapece 2 on the Washington Exchange, sold | tCelan or pf in Boston vesterday at 28',. Bos- | Celotex Corp 1a ton is the only other exchanze on | Cent Agui1.50s which the stock is listed. The com- | Cent RR &) (r)- pany recently reported a very sharp Cirrsds ek b RSB YRAT - partly due | Corrgin-teed Pr to exiremely heavy*war orders. | +Certn-vd P ot B. & 0. Carloacings Mount. | Chain Belt .25e Carloads handled on the Balti- | Chesepeske Cr more & Ohlo Railroad during the greieone ot vear 1941 totaled 3.113.054, a strik- | cpig g1 A ing increase of 550.461 carloads over chiGrt Western 1240, it was announced today. The CniGrtWpf total back in 1930 was 3.257.082. Chi M2il O 25g For December the total-was 256.- | Chi Pn Tool 30¢ 207 carloads. an increase of 42155 over December. 1940. This Was 8 | ormieperots much better record than in Decem- | chickasCO1._ ber, 1930, when carloads handled | childs o totaled 214,301. | Chryaler 62 National Official SpeAker. e B 20 B 1 o Nearly 100 officers, members of | o Eybiea0 If‘llm' 1:2:"}2‘ the faculty and consuls of Wash- ' ciuett Pby 3¢ . 361, inzton Chapter, Americen Institute ! Coca-Cola 58 of Banking, will attend the mid-| Coca-ColaA3 year educational dinner tomorrow Colsate-P-P50a evening at the Continental Hotel. Collins& Aik3g Floyd W. Larson of New York, sec- | (goR&Ils retary of the national orzanization,| ce B c (A) 2¢ . has been secured as guest speaker.| colBC (B) 2g.. ‘The second semester program will Colu GAE 10g . be outlined. | Col GEEDI A6 R. C. Cosgrove. vice president and | Columbia Pie general manazer. manufacturing Comel C"""’s - branch, of the Crosley Corp., today g::z: :Y'T;" accepted an invitation from Leon | gomwi gd 1.80 Henderson, administrator of the Of- comwitn & So = 100 fice of Price Administration. to serve | ComwaSont3 5 on the Radio Industry Price Ad- Conde Nast .40e 1 visory Committee, together with sev- | Consoleum 1. 2 eral “other heads of the country's| Somsel Al 4€ 100 leading radio manufacturing com- ,:::,é:,‘,”’ 2}, panies. | Cons Cop 758 . 12 Exchange More Active. Consol Ed 1 80g 133 Trading on the Washington Stock | Consel Ed pf & Exchange for the year 1942 got un- ‘g“"’ ’]'g':‘ :fi‘" der way to a real start today. Skl Washington Gas Light common | cons'e't'n Coal came out on a 24-share sale at 18, | Container1 .50 up a full point. Cootl Baking Ten shares of Washington Gns|c°"‘::“ ;“ preferred moved at 104, also a gain | Sonti 88 - of a point. Cont] Ins 1.608 Carpel Corp. appeared on the | contl Mot .10s. board for the first time in 1942, with | ContiONl 1 10 shares selling at 20, unchanged | Contl 8tl 2.508-. from other year-end sales. Copperweld .80 Mergenthaler Linotype registered | Copper¥ pf 2.50 a small sale at 28';. & new high on the present move and up about two points over final sales in 1941, 20 11% 11% 1% 20 - % 12 + % - % 1w - & Coty Inc .50, Crane Co 12 A N i