Evening Star Newspaper, January 17, 1942, Page 8

FI War Controls Hailed As Stabilizer for Futures Markets C. E. A. Chief Cites Absence of Excessive Speculation in 1941 By EDWARD C. STONE. Special wartime controls put into effect in the agriculiural futures markets during 1941 have played an important part in averting ex- cessive speculation and major price | disturbances in agricultural com- | modities, J. M. Mehl, chief of the Commodity Exchange Administra- tion, said today. In his annual report covering the fiscal year—July, 1940-June, 1941— Mr. Mehl says extra work and im- proved controls in the markets for commodities important to the de- fense effort, together with increased margins on speculative transactions, helped to cushion the shock of war- time impacts and keep price ranges relatively moderate. As an additional defense measure the customary checks on the posi- tions of large traders were extended to include a detailed examination of the positions of all traders in com: modities, such as cottonseed oil and | soybeans, which were threatened by scarcity conditions and the influx of irresponsible speculators and dis- | orderly market conditions. NANCIAL. High-Priced Stocks Affected Most by Market Decline Few ‘Blue Chips’ Down As Much as $3 or So; Other Losses Small Bv VICTOR EUBANK, Associated Press Pinancial Writer. NEW YORK, Jan. 17—"Blue chips” again were the principal cas- ualties today in another stock mar- | ket retreat. While selling never was particu- larly urgent, there was enough to | put many leaders down fractions and a few hizh-priced bellwethers as much as 3 or so. Trends steadied a bit before the close and a smat- tering of modest plus signs ap- peared at the last. It was one of the slowest two- hour jaunts since last October, transfers approximating 250,000 shares. The news from the Far East was none too opt ic marketwise, with the Japanese claiming further successes in their advance on Sincapore and the latter admitting further heavy bombing raids by the invaders. Fears of further adverse develop- ments over the week end, brokers said, inspired the lightening of com- | mitments in many cases and re- strained bidders who felt the lengthy decline may have gone too far. The tax outlook persisted as a specu- Title Officers Re-elected. At the annual meeting of the | District Lawyers and Washington Title Insurance Cos. the following | officers were elected for the ensuing year: George H. O’'Connor, president: James McD. Shea, Charles W. Stet son, Joseph N. Saunders, Francis E. Smith, jr., H. Stanley Stine and | Albert F. Miles, vice presidents; Harry M. Packard, secretary-treas urer; John H. Stadtler, assistant secretary-treasurer; E. Roy Hill, as- sistant treasurer. Home Loan Advances Mount. Outstanding advances of the 12 Federal Home Loan Banks to mem- | ber loan associations increased dur- ing December by $32.362,113 to an | aggregate of $219,446,048 at the end | of the year, the record total of re- | ;washingtoTroduce serve credit in use by these institu- tions at any time since the system was established in 1932. The December 31 figure of out- standing advances was a record for six of the 12 banks—Boston, New York, Pittsburgh, Chicago, Portland and Los Angeles. For the Winston- Salem and Des Moines banks these 1941 totals were exceeded only at the end of 1940. The Federal Home Loan Bank of Chicago had the greatest total of advances on December 31—$35,250,- 582. The Winston-Salem (South- eastern States and Washington) and | the New York bank were second and third with $27.410,295 and $24,975,- 246, respectivel Chlcago Grain By the Associated Press. CHICAGO, Jan. 17.—Grain mar- ket weakness and minor price de- | clines today reflected trade con- | fusion over developments affecting price-control legislation and the Government’s program for disposal of surplus stocks of wheat and corn. Fractional losses were posted on lative handican and there was not a great deal of outstanding business | | cheer in evidence. Among stocks, Du Pont hit another new 1941-42 low with a | drop of more than 2 points at the worst. It cut this loss in the final hour. Eastman Kodak, on a minor turnover, was off 3 at one time. Dow Chemical and Union Carbide were better than a point on the offside during most of the proceedings. Laggards included United States Steel, Chrysler, General Motors, American Telephone, Boeing, Texas Co., Montgomery Ward, United | States Rubber, Anaconda and Oliver Farm. The maijority of rails, utili- ties, coppers, oils, riail orders and rubbers maintained their equi- librium fairly well. BUTTER—93 score, tubs, 3815 prints. '4 pound prints. 301y tub: 1-pound prints. "37 1-pound 353 o . 5. 1;:4 5% nound nrints, 3 TOCR " Caives, 16%: spring lambs, A From _Agricultural Marketing Service Prices paid net fob. Washington: Market steady. Prices paid for Federal-Stat> graded eggs received from erading stations (January 17). whites, U. : U. S. extras, mediums, standards. large, standards. me. 29: browns, U. 8 1 .oouna " rints. Ahame. ex‘ras, extras, mediums, mostly diums. 30-31 ungraded _eggs. mostly 20-32: some of heavier weights. up to 35 mostly 0. ' Receipts Government graded egrs. 207 LIVE POULTRY—Market steads: colored 4 pounds and up. Le hens 312 pounds and up. : No. 25, 10; Toomere Bag® A ebend Ve wks broilers and fryers. sl sizes. 20-21: No. 13-14: Delawere and Maryland. Rock: osses. broilers and fryers. all sizea. To 13-14: Reds. 10-20: co Doiinds. 25: 7 pounds and 1p. o voung toms. 16 pounds ani up. hen. 10 pounds and un, 29: No. 2 undersizes, 18: guineas, young, all sizes, 25 per pound: old. 10. Fruits and Vegetables. Compiled by the Marker News Section of Aricultural Marketing Service. ' Sales to on, this morning's wholesale market current all grain pits, with soybeans off more than a cent a bushel. Good shipping business in corn and oats helped to steady prices of these cereals at | times. A Washington report that licens- |} ing prov. isions had been restored to the price-control bill now being | considered by a conference commit- | tee and that conferees were dead- Jocked over the Senate amend- ments which would raise prnpo<edi ceilings on farm prices disturbed trade sentiment. Some dealers who had expected continuation of rather sharp farm | price gains such as recorded last | vear expressed disappointment in | the Bureau of Agricultural Econom- ‘ i ic’s report that the general level in | 1942 may rise only about 5 per cent above prevailing prices. said greater production would be a check on price rises. l Grain men point out that cereal | prices are now substantially below | parity levels. The bureau szid that | unless wheat exports increase, sup- | plies at the end of the 1942-43 sea- son, June 30, 1943, may be larger | than on June 30, 1942. Reports that the Commodity Credit Corp. is offering its wheat on a flat basis at minimums in effect the rest of the month, rather than on a relationship with the market, caused some traders to comment that this should check price fluctua- tions. The C. C. C. has disposed of substantial quantities, estimated at possibly 25000.000 bushels since the selling program was inaugurated in | December, leaving less than 150,000,- | 000 bushels under its control. Likelihood of some of this wheat going into feed had a bearish effect on corn and oats, but this was offset by prospects that an even larger quantity of corn may be diverted to the manufacture of alcohol. Weak- ness of soybeans was attributed to the Government program to stimu- late production, whereas it has of- fered to buy beans on the farm at prices substantially below present market quotations. Lard was steady. At 11 am., wheat was 14-1} lower, compared with yesterday's finish; May. $1.303;; July, $1.3215; corn, % off to s up; May, 85%; July, 87%. New York Cotton By the Associated Press. NEW YORK, Jan. 17.—Cotton fu- tures recovered early losses today &s hedging and liquidation subsided. Selling was believed to be in an- ticipation of Government sales of loan stocks on Monday. Local covering and trade buying during the last half hour found contracts less plentiful. The market closed at the best levels of the session. Futures closed unchanged to 15 cents a bale higher. Cottonseed OIL. Bleachable cottonseed oil futures closed 1-3 higher. ~ Sales. 51 contracts. March, 13.88: May, 13.85b; July, 13.84b. b Bid. © Nominal. Baltimore Stocks High. Low. Close. 5 51 sin 1627 li 11 113115 ales. STOCKS. 50 Balto Transit_pfd 10 Consol Pow com 10 Consol Po 47 pfd lu‘ 100 Davison Chem __ 23 Pideiiey & Dep =2 114 r “". -inch m Tan cariot quant APPTFS _Market steady. _Truck _re- ceints Night | Marviand. ‘Pennsyivania; Vi ia and West V; No_1, bushel h ots, Grimes, nch minimum minimun smnm, 150 o1, mu-m, v 3. 1 | minimum. 7 A5-1 Teious. ©15-inch m ! -1 7. S ch min‘m mmm. 140 1.40-1 50; Winesans, 21 “inch mimimam inch miuimum. Western _stvl 1385, 1.85-2 00: 5T o, 805 and Truck re- sacke, 1. 8. Penn- Jersey, & 1832 00¢ Taroar. macte 00 POTA'!‘OEQ—MH"[ mndy r-vp(\ verv light: 0. Matns Ratahdine 5 o eV‘VQ“ a atahdins. 2.50: Ne Cobblers’ 2.50-2 0: Chippewas, ® 40-2 50: New York. round whites 2 40-2 50 'dlho Russet Burbenks. 2.35-3. Fiorida, bughel crates. Bliss Triumphs, U. 8. No. 1, qNl" ‘3‘-‘A\'S—\hrket steady. Truek receipts licht. Florida. N|<he| hampers, Black Volentines. o950 corat Hon 1 o, 752201 Tenderere g2 TIMA REANS AMarket steads: lieht Florida bushel hamoers, Quality .00: noorer. 1.00. PGGPLANT—Market steady’ sunplies verv lieht. Florida, 1'3-bushel crates, fair quality, 3.00. qmmuuh. sunnlfes ordinary Pepper Prices Steads. . PFPPFRS_Marke' steadv: _supplies liehe, | Florida, Calitsrnia Wonders,” 114 bushel eratec. faney. 200 c"cmmms—Sunp' very light. Market steadv. Cul el b skets_5.00: Tndiana. hothouse 5-175 per oren STRAWBERRIFS—Market steady. Sip- Dlies light. Florida, 36-pint crates, 23 per pint SPINACH—Morket steadv. Treck re- ceipts_very licht. Bushel baskets. Sevov tvpe. Texas. 115-1.25; Norfolk section, fair quelite ®51.00 RADISHES —Morket steady. Sunnlies lipht. ®lorida. 10-quart baskets. f5.75 —Mnrket about steady. Truck rn(‘pv-'e lizht. Bushels. 1. 8. No. 3. Nnr'h "stoc Touisiana. crates, Porto Ricans 1.73 Tennrscre. hampere. Naney Halle 1.50 KALF AND COLLARDS—Markat ste~dv. Truek receints very light. Norfolk section, bushel baskets, 75-85. Chicano Livestock CHICAGO. Jan. 17 (.—Salable cattle. 100" calves, none: compared Fridav Iast rood and choice fed steers snd nes steady to 25 lower. m: A common and_medium grades. 28 in instances 50 off: fotal receipts hearty n% larre hs week anrlier, Dut mi Urably more butcher. cattle in this weat's crop as shown by fact that lost week's VAler steer run at 20.185 was the larrest Kk since week endine Ortrher and vealers, 1. 5700 lower, closer forting considered: choice lignt and long yerrling steers tvmn,M at /424 nounds. . 13.60. and pounds 2t 12.00-13.75: heaviest lonz fed hullocks hnre heing 1.790 pounds. choice offerings, most _common and _medium 75-11.50: cutter cows closed at ow ners. 5.50-7.00; heavy e bu"x x:-ched 10.60, ‘»nd choice o g tal. "snn late bl o».n s, s Pdtate s l lre{rndu Tost Week. hl lambs. 15 25 hl‘h yearlings steady: fat sheep unevenly lower: best prices on lambs and yearlings on late davs, w 12.75 and 12 strictly "choice light and handy weight, ue nmve and fed range lam! ew o 102-111- pound weights, late. 121 250 “choice 90-98-pound and 1185 n ulk sur shor) 11.75 choh:e ldnmumu Vearlinis, good hoice lots, 1 choice e'el‘ early. 6.5, with 200d and Ehotee Tots closing &t 800 down: Salable hogs. 500; total, 5.500: nomi- nally steady: not enough good and choice Rats nere 1o make n market; quotable around 11.60: shippers took none: hold- over none: compared week ag0. Weights 220 pounds ang over, steady to 15 higher; 160-220 pounds, steady weights_under 1680 pounds, 25-60 lo'er. s0ws. 15-25 higher. ‘/ NEW Y Stocks (By Private Wire Direst te The Star) ales— Btoek and Add Net Dividend Rate. 00 nuh Low cla- Chse. Alr Reduct'n 1. 354 354 + % Alr-Way Elec ... %+ Alasks Juneau. . Al's’y $30 pf ww Alleghany pf xw. Ar's'y Lud 2.258. Allen Indus 1 Allied Chem 6; Alrd Mills 1.268 I TSI POy - Am Atrlin 1.508. Am Bra 8 2.208- Am Chicle 48 Am Comel Aleo_.. Am Cryst S .50e. AmMac &Fy .80 Am Metal 1.508 AmPw & Lt A P&L$6 1.125k Am Radiator .60 Am Roll M 1.40 tAm RM p 4.50 Am Sm &R .50e Am Steel F 2¢ _ Am Sug Ref 2 _ Am Tel & Tel 9 Am Tobac 4.508 Am Tob B 4.508 Am Type Found Am Viscose .50e Am Vicose pt 5. Am Wat Works Am Wool pf 12¢ Am Zine Anaconda 2.508 Andes Copper 1 Armour Tl Arm Ill pr 1.50k. Armst's C 2 25¢ tAsDG2d19.75k. tAssoc Inv pt 5 Atch T&SPle. Atch T&SF p1 6. Atl Coast L 1 Atl Refining 1a. Atlas Corp .50z 6% tAtlas Pow pt5_ 10 116 Atlas Tack .308- 1 9 Aviat'n Cp .15¢ Baldwin Lo stfs. Balto & Ohlo _ Baito & Ohlo pt Bangor & Ar't’k. +Bangor & A pf. Barnsdall .60._ Beatrice C 1a. Belding-H 80 _ Bendix Axiat 1e. Benefic L 1.70g Beth Steel 8¢ 000 1t 19 1 et 1t 1 Ok DD e 1O DD 90 1 FFEE FEFIE FE OFEEFFELR 41y 19»- 13 125 125% 126% T 484 4T% 11 48% 484 6 4% 4an 5 25% 254 1115 115 115 3 2% 2’6 5% 5% 6% 27% 274 M 9% FEFES 19»; TS QS‘. 415 o 2514 — 2% ¥ #SF:# ki3 5% 27% 9% = 3% — 64% — 261% — 83 +7 86 30% + % 65 + W 24% 2l =% Y “ % % 6y 6% 116 116 +3 9 g % 13% 3n 6% 57, 29% 9% 2214 9 3%+ % 13% 3% 6% 5%+ W 30 — % 13% 3% 6% 575 30 10 224% 7 tBloomd'le .275e200 Boeing Atrplane 11 Bohn Alum 2§ Borden Co 1.408 Borg-Warn 2 Boston & Main Bridgeport Br1. Briggs Mf 2.25g. Bklyn-Man Tr.. Bklyn&Queens.. Bkiyn Un Gas - Brns-Blke 2.508 Budd Mt . tBudd Mfz pf - Bullard C 2.50¢ Bulova Wat 23 Burr's A M 708 - Bush Terminal tBush T Blde pf Byers AMCo__. Byron Jack 18 Calif Pack 1.50_ Callahan Zinc. Calumet&Hec 1. Campb W 1.608- Canada D .60a._. Canadian Pac _ Cannon Mills 2_. Oapital Adm A. Caterpillar T2.. Celanese 2 tCelanese 2dpt 7 60 Cent Agul 1.508 2 Cent Violeta 18 2 CerrodePasle 6 tCert'n-t'd P of 100 Ches & Onio 3a- 11 Chi&ETIA . 1 ChiGrt Western. Cni Grt W pf Chi Pn Tool .50e ChiRI&P6%pS T ChiRI&PT%RI T Chrysler 68 City1&P1.20 . 1Clev Grap pt 5. Climax M 1.208 Colgate-P-P.50a Collins & Alk 3% tCollins&A pf 5 tColo&So 1st pf ColBC (A) 28 .. Colu G&E .10g.. Col GRE Dt A 6 Comcl Credit 3 . Comel C pf 4.25. Comel Inv Tr 3. Comc! Solv .55¢. Comwl E4 1.80... Comwitn & 8o Comw &Bop! 3. 00 1 e 00 19 10 61 30 0 1=t 1t 10 33 O 1 s e S e 10 00 e 2008 ErS FEEFF © b o 1 10100 IOl'I 100 20 1% 1% 2% 124% 1% 1% 51% 17 95 22% 9% 511 17% 95 & & 2% Cons Cer 1.508 - tCons Cer pf 7 . 1ConC pr p16.50 Cons Cop .758 Consol Ed 1.808 Consol Ed pf 5 - Cons Laundries. Consol Oil .50 Con RR Cuba pt. Cons’d’t'n Coal . Contl Baking Contl Can 2 Contl Ins 1.6 Contl Mot 108 . ContioNl .. Contl 8tl 2.508 Copperweld .80 Copperw pf 2.50 1Corn Ex 2.40 12 Corn Prod 3 Crown Zell .25¢ +Cuba RR pf Cuban-Am Sug CuneoPress 1.50 Curtis Publish tCurt P pt 758 80 CurtPrrpf3.. 1 Curtiss-Wrlg 2 tCushman $8pf 10 Davison C 60g-. Deeve & Co 28 Deisel-W-G 1.50 Del & Hudson . Del Lack & Wn_. Den RGW pfr - Det Edison 35e- 1Devoe&Reyn 1 17 Diam'd M 1 508 Diam T Mot 1a Distill C-S h2.22 Distill C-Se p1 5 Dixie-V A 2.50 Doehler Die 1s . Dome Mines h2 Dow Chem 3 Dressr Mf 1.508 Du Pont7e _ Eastm’'n Kod 6a Eaton Mfg 3 El Auto-Lite 3 Elec Boat .90z Flec Pwr & Lt El P&L 6 pf .30k El P&L 7pt .35k El Stor B 2.508 tEng PSpt6_ 10! 3% 17% + 26'% + g 17 73 35% — Y% 20% + % 124 + % 116% —2% % 15 - 14 150% 1281 129% —1% 10 134% 131% 131% —3% 31% 31% 31 — W% 22% 22% 22% - % 12% 12% 12% 1% 1% 1% - % 30 30 -1% 34 33% 33— % 31% 31% - % 83 83 +14% 6% 5% % 837% % 25 26% 40 14% 9% 19% 11% Pruehsuf T1.40. 18 GabrielA . . . tGamew'll 2.25¢ Gar WoodIn .40 Gen A Tr Sg. tGen Bak pf % W W % % % 4 4 4 117 117 117 +3 3% 3 3% - % 1% - % 28 + % % 1% 17% 28 27% 38% 38% 1% 1% b 38% 1% - % | tMark 8 R pr pf. | Mc Kess&R 25 ERoFE F OFES F ORERFSEESF ORK tock and Mu Net Dividend Rate. 00 High Low Close Chse. 30 32% 32% 32%— % 1125 125 125 2 2TH 2TH 27% ~1% 8% % —-% 1% =% 3% — % 5% 4% — % - h 2% 4% + % 12% 62 fGen 8Cpf 1. M)l 60 Gen Theatre 1 . Gillette SR -2% %+ & Granite City.358 Grt Norpf 2¢ .. GtNorOre ct 2g. Greyhound 1a_ Greyh'd pf .55 Grum'n A 1.508. Guantan'o sug 1Guantn’o 8 pt_ Gulf M & Ohlo.. GM&OpI2508 6 tHamilt Wpf6. 10106 106 1068 fHanna M pf5_. 20 104 104 104 +4 Harb-Wikr 1.50. 15% - 4% Hazel-Atlas G 5._ 92 -1 Hecker Pr .60... 64 — % Homestake 4.50. 3T+ % ‘Houd-H B 1.508. 9% + 1 Househ'ld P 4 _ 43 +3% Hoye Sound 3a_ 33 Hudson Bay h2g 20% + % Hupp Motwr r.... "% Illinols Central Tlinols Cent pf_. I Olsdlins 4 . Indap P&L 1.60. Ingersoll-R Inland St 4a - Inspiration C 1. Intreont! R .408. Interlake 758 . - Intl Bus Ma 6 Int] Harv 2a Intl Hydr A . Intl Mercan M. Intl Min&Chem_. Intl Min&Ch pf Intl Nick Can 2. Intl Pa & Pw IntIP&PDIB_. IntITel & T Inter SD S .25e. Jewel Tea 2.40_. Johns-Manv 3__ Jones&Laul 358 Jones&L pt A B Jones&Lpt B 5 _ Joy Mfg Co 1.20. Kans City 80 Ksufn D8 .60 Kelsey-H (A) 48 Kelsey-HB_ Kennecott 3.258 1K'y pt 5.19 Kresge 8S 1.208. Kroger Groe 3. fLaclede Gas Lambert C 1.50. Leh Valiey Coal. Leh Val Coatpi_ Leh Valley RR__ a8mmnamarrnaSananmmnn « % Th TH+ W 140 140 -2% 48% . 48% — W CEL R 3 10% 10% — % La 2 4% 501 511 27 2T + % 1% 4% — % 59 59 — % 2 -4 9% 275 + % 59% + % 2313 634 + % 781 +1 2 9 26% 59% % © P OV 110 1t 1O Ot OO G0 D 1900 D T ek bt et e 00 1 N0 DO N O Long-Bell (A) Loose-Wiles 1 Lorillard P 1.20. Louis & Nash 2e. Macy RH 2 Magma C 2.50¢ Marine M .10e _ @ Tormmr Mart'n Glenn 3g 24% Mathieson 1.508 29 29 114 1% 11% 107% 1074 10745 +1% % 7 4 28% 28 6% 6% 14% 14% 21 21 99% 99% ! 4% 84 84 10 117n11'm 117% — % 2814 — 1 50 21 21 27 4 24% 24 ldlfi +14 3 66 66% KJ 7 5% b4 5'1 + % 6 4% 4% 4w+ 1 3% 3k 3y 6 15% 16% 1166 156 166 15% + 2 9% 4 4% “ 14 6 211 AN% 21% — 1 4% 4% 4% + 50 69 69 69 116314 163% 1631 +1 1 16% 16% 1 2 34u M'Kess pt 5.25_. McLellan 8 .40e Merch&M T 1g. Miami Cop 258 Mid-Cont 1.15¢.- Midland 8t1 3¢ . Mid) 8 15t pt 8. Mo-Kans-Tpf _ Monsanto Ch 3¢ tMons pf B 4.50 Montg W’'d .50e_ Mor & B 3.875 Mullr Brs 2.258. = uns.-..-..u_.—.,. Nash-Kel 3758 Nat Auto P .60 Nat Biscuit 1.60 Nat Biscuit pf 7. Nat Cyl Gas Nat Dairy .80 _. Nat Distillers 2. Nat Gyps .4 Nat GyD pf4.50 NatLeadpfA7. Nat Malle 1.75g. Nat Ofl P 1.95¢ Natomasls ___ tNeisner pt 4.75 Newm't Min 2¢ Newp't Ind 788 Newpt N 8 2.508 Newpt NSpf5_. NYAIrB.50e . NY Central 10364 108". * 30% 30% — 9 FE FERGEEFERES e @ roasdlononmenennnSenn SSonan—Ba 56% +1% 48% + Th — Ow-1ll G1 2.508.- Pac Am Pish 1g_ PacG&E2 __. Y 908 Param 2d pf .60 Park UM .108 - Parke Davis.40e Patino M 2.15¢ Penney (JC) 3a_ Penn RR 28 Pepsi-Cols 2.508 tPere Marq pf tPere Mar pr pf. Pfeiffer Brew 1_ Phips Dge 1.508 Philip Mor 3a .. Phillips-Jones _ 1Phil-J pf 1.75k. Phillips Pet 2a__ FEFFEEER FFEEE FF Press StC 2d 58 Procter & G 2 Pub 8 NJ 1.958- Pub Sy NJpf 6.. Pullman 1s . Pure O1l 508 Pure Oll £ 5 Purity Bk 1.20s. ‘Radio Corp .20e. Radio-Keith Or_ Raybestos-M 2g. Rayonier 768 Rayonier pf . - - L R Reming R .25¢ 1 Reo Motor ctfs_. Republic 8tl 26 Revere Copper - tRev C pf 176k Reynolds Metals. Rey Tob B .50e._. Richfleld 625¢- - - [P 15 -1 T TSP QO = S ISR P oY YT & M) lu% lZIK 124‘& 10 21 2“ 25"‘ = 8% 8% 8% !% = 1 9% 9% 9%+ flmfl 50100 46% 46% 46% — Bafeway Strada. 1 41% 41% 41% + tSateway 8 pf 5.130 109% 109% 109% — 1 fl 32% fl% + l!% = 15% + fh— B 2% = 53% 53% 5% — 6% 5% 33 13 4 13 ll'/t FE ERFIEF *# & % STOCK, Smith & Cor 2¢- 8ocony-Vac .508. 80 A Gold 208 .. SoPorR 8 250 80 Cal Ed 1.50s. 8o'n Pacific . 80'n Rallway. 8o'n Railway pf Spks Withingt'n Sperry Corp 2. Spiegel Inc .150. Std Brands .40s 8td Ol Cal 1. 8td Otl Ind 1 Std Ol NJ 1a. 8td O Oh 1.54 StwWarner.50g . Stone & W .60g.. Studebaker ___. Sunshine Min 1. oo <13 Co S rrenan e A p N ON O~ 5% — 3% — 16 = 10% 31% — 2% 1 6% 26% — % 33 + % 8% = % 693 —1% P FEFFESE & F FFESL Timk-Det 4.258 Timk R B 3.508 - Tri-Continental. Truax-T 6258 - 1Tw City R T pt Und-E-F 3.508.. UnBag & P1 Un Carbide .75¢ Un E M pf 4.50 108 108 + % 1UnEIMopf5_.. 111% 111% -1% Union Pactfic6 7% Union Pac of 4 1 80% 80% Un Prem P8 1 1 10% 10% 10% Utd Atrcraft 4 5 33% 33% 33% Utd Areraft pf 5. 8 100% 100 100 Utd Air Lines 5 10% 10% AUtd Carbon 3. United Corp United Corp pf United Drug Utd Elec Coal United Pruit 4 Utd Gas Im .60 Utd Gas1pf5 _ Utd M&M 758 .. Utd Paperboard.. % 42% 42% ‘i 15% 6 4% 69 5% l 105% 10613 1064 + 13% 10 34 45 31% 8% 24% 16% 49 | US Leather A___ US Pipe&Pdy 2a. U 8 Rubber 25 . U S Smelt&R 1. USStiCorp 8. 24 53% 5314 53l US Steelpf 7. 2119 119 119 United StoresA. 1 % % % 1Univ Leaf T4s 100 49 49 1VadscoSales pf. 224 Vanadium 1.508 19 -1 Victor Ch 1.408_ 25 + 4 Va-Caro Chem . 2 1% 2 +% Va-CaroChpflg 14 277 25 277 +3% tVaEIPw D6 _ sons 115 115 VaRypf150 _ 29! VulDet'ngl.50e zn 93% Wabash pf w.ir 18 Waldorf Syst1.. 2 1 3 1 2 12 1 FFEFFE EFFFEFT 49 22% 19 25 Walworth 25¢ Warner Pic 4 WarF& P2 _ ! Waukesha M 1a. tWest PAEDI7_ 60102 1014 tWest PP pf4.50110 112% 112 | Westn Auto82. 3 147 14% % WestnMaryld . 6 3 3 Westa Md 2dpf. 1 615 Western Un 2g 2 2% 25 5 | Wthse AB 1.7 2 184 Westinghse 58 . 7 794 79 tWestva pf 4.50. 60 106% 106 106 Wheeling St12g. 11 25 247 2475 — White M I.25g . 2 14% 14 14% White Rock.108. 2 3% 314 WilcoxO&G __. 2 2 Willys-Overland 10 1% Willys-Over p: 5% Wilson & Co 5% 7 23 % 27% 2 1% | 5% bt | Woolworth .40e Worthington P _. WP cv pr pf4.50 Yale & Tow. W Yellow Trk 1a ' “ b 1¥ellow T pf 7220 1181 118 11815 +13 | Yestwn S&T3g- 9 36 36 36 Yestn SD1.758 1 11% 11% 11% + XK | Zonite 158 .- 5 2% 2% 2% Approximate BSales Today | 1134 oo AM 110,000 12:00 Noon 220,800 Unit _of trading. ten shares: sales printed tn 7un s In Fankeuptey of recevers ship or being reorganized under Bankruptcy Act, or securities assumed by such com- panies. Rates of dividend in the foregoing table are annual disbursements based the last quarterly or semi-annual declara- tion. ““Unless _otherwise noted. - special. of Ta_Gividends. are mot nciided. . xd BE e xr Ex rights. a Also extra or W i fast"year b Payable u ¥ Accumulated avidends paid or dec this year. Curb Bonds T | ST P FR xm% 101% “”‘2 103 G 5! Interst Pw B5s 57 Jers C P&L 3las 17Co 412 75% w Without l'll’- o) Stamped. 20: York Rwy 55 47 st ww Wit yarrants. Couple Turns to Sleigh To Replace Banned Auto By the Associated Press. LONGMONT, Colo—On the day the Government announced new automobiles had been withdrawn from the market, Mr. and Mrs. Hauck Powell appeared in Long- mont riding in a horse-drawn sleigh with bells a-jingle. “Just what the country needs,” said . Powell who explained the sleigh had been in his family a long time but hadn’t been used for years. Hearing Society to Meet The Washington Society for the Hard of Hearing, a Community Chest agency, will be host tomorrow at a meeting of the Board of Man- agers of the American Society for the Hard of Hearing at its head- quarters, 2431 Fourteenth street N.W. Miss Lena Burgdorf, president of the Wuhmxton society, is in charge of the luncheon. Bonds By srivate wire direet to The Star. U 8 Gov't Bonds. TREASURY. igh. Low. 105. Close. 105. 2% 1967-72____ 100.11 100.11 100,11 - 109.25 109.25 109.25 ~ 104.16 104.16 104.16 21103 1103 1103 45 1044-54 NEW YORK CITY BONDS. 35 1930. 104% 104% FOREIGN BONDS. Antioquia 75 45 B = Australia 4%8 66 .. Belgium 7s 8 Brazil 6 = Brazil 8%s XD27-67 Brazil 8s 41 Buenos Alres 35 84 Buenos Alres 433 77. Buen Alr 4%s Aug 76._. Canada 2%s 45 Canada 45 60 _ Chile (15 60 asad. Colombia 35 70 Cordoba Prov 7s 42_. Costa Rica 7s 51 Cuba 5%s 53 Jugos Mtg Bk 78 57_ Medellin 628 54 New So Wales 55 58 Norway 6s 44 _ Peru 1st 65 60 Poland 8s 50 Rio de Jan 6145 5: Rio Gr do Sul 7s 66. 8ao Paulo C 8s 52 Uruguay 4%-4%s 78 - 9915 993 105'; 105% 4% 144 32w 324 98 98 DOMESTIC BONDS. Abitibl P&P 55 53 std ___ Alb Per W P 65 48 - Alleg Corp bs 44 mod Al Corp tn 53 50 Allis Chalm cv 4s 52 Am 1 G Chem 6%s 49 Am Tel & Tal 3%s 61 Am Tel & Tel 3%s 66 | Armour (Del) 1st 45 65_. AT &S Fe 45 1905-55__ AT&SPe adj 45 95 std. Atlanta & Birm 4533 ___ Atl Coast L 15t 45 52 Atl Coast L 4725 64.. Atl Coast L 55 45 Atl & Dan 13t 43 48, B& O ov 60s std. B&O95sAstd. B &0955C std B&OY6sPstd _ B&O2000Dstd. .. . BLOPLE&W Vads5iz B & O W 50s std 2 Beth Steel 35 60 Boston & Maine 45 60 _ Boston & Maine 448 70 Bklyn Un Gas bs 45 Bkiyn Un Gas 55 57 B Buff Roch & P 57 stpd BurlCR&NBs34et __ Bush Term 1st 4s 52 Bush Term en 53 55 | canadian N R 4345 51 | canNR5s69July Can N R 55 89 October._ | Can Nor 614546 Can Pac db 43 perp_ Can Pac 4%s 46 | Cent N J gen 55 87 CentN Y Pw 3%s862____ Cent Pacific 1st rf 4549 Cent Pacific 55 60 4 | Certainteed deb 5%s 48_ Ches& 0312396 D__ Chicago & Alton 3s 49 Chi Burl & Quin 48 58 ChiB&Qrig5sT1A . Chi B & Q Il div 3145 49 CB&QIIdivas49 __. Chi & Eastn Il inc 97. Chi Great West 43 85 _ Chi Gt West in 4%2s 2038 Chi Al & St P gen 43.89_. ChiM &StP4%s89C_. Chi M & St P 4%s 89 Chi Mi & St Paul 55 75 _ C M & St P ad) 55 2000 Chi & NW gen 5%s 87 _ | Chi& NW gn 3%s & | Ch1 & NW gen 45 87 | Chi& NW 43387 _ Chi & NW gen 55 87 Chi & NW rf 55 2037 Chi& NW 6%2s 36 _ | ChiR1& Pref 4s34_ ChiRI& P gen 4s 88 ChiRI& Pgn 4s 88 ¢ ChiRI&P4%s52A ChiRI& P cv 425 60 Chi Union Sta 3%s 63 | Chi Union Sta 33s 63. Chi& W Indev4s52_ Choc O G cn 5852 CCC&StLrf41s77. Cleve El Tllum 35 70 ___ Cleve Un Term 5s 73 Colo Fuel & Iron 5s 7 Colo & South 428 80___ Col G & E 5s 52 May Columbia G & E&5s 61_ Comwith 2d 3%s 58 Cons Ed N ¥ 3%s 56 Consum Pwr 3%48.66. Cuba Northn 5¥s 42 ctf. Dayton P& L 35 70 Del & Hud rf 45 43 _ Denver & R G con 45 30. Den &R G W 53 55 assd. Den & RG W rf 55 78. Detroit Edison 3s 70. Dow Chem 2%s 50 Duaquesne Lt 3128 65 ErieRR 15t 4595 B Erie RR gen 4125 2015 B Erie RR 4%3 57 A Prancisco Susar 6s 56 Gen Steel Cast 5%3 49 Goodrich 443 56 Grt Nor Ry 4s 465G GrtNor Ry 4s 46 H Grt Nor Ry 1st 4Y4s Grt Nor Ry 4143 76 Gulf M & O 1n 2015 A Gulf States St 4%s 61 Housatonic :n 58 37. Hudson Coal 58 62 A Hud & Man inc 55 57 Hud & Man ref 55 57_ Tlinots Bell Tel 2%s 81_. Tllinois Central 43 62 Tllinois Central 45 53— Lliinols Central ref 4s 35 Illinots Centfal 43s 66 Tllinois Central ref 5s 55. Il Cent Omaha 3s 51 ICC&SILNO4%s63 DICChSILNOS5s63A. Ind & Loutsville 45 56 __. Int Grt Nor 1st 65 52 Int Grt Nor adj 65 52_. Int Hydro Elec 6s 44 Int Paper 1st 55 47_. IntT & T 4%s 52 Int T & T 5855 Kans Cit Ft S & M 45 36 Kansas City So rf 58 50 Kansas City Term 45 60 Kresge Found 3s 50 Laclede Gas 5%s 53 Laclede Gas 65 42 A _ Lehigh Val Coal 65 54— Lehigh Val Har 63 54 Leh Val RR 45 2003 5td - L VRR cn 43 2003 std. Leh V RR 55 2003 std - Leh Val Term 58 51 Long Is! ref 4s 49 Long Island rf 4s 49 ltd, Louisiana & Ark 5s 69 Lou & Nash 3125 50_ Lou & Nash 43 60 Lou & N 15t 45 2003 Lou & Nash 4%s 2003, Lou & Nash 58 2003 L&NAU&KC4s55. LENPM4s46 Mc Kesson & X 3%8 56 Maine Cent RR 4145 60 Manati Sugar 43 57. MoK & T 1st 4590_. MOK&T4s62B. MoK & T 4%s78._. MoK &TB5s62A.. Mo K & T ad) 58 67_ Missour} Pacific 4 75__. Misso3 Pacific 55 77 P_ Missouri Pacific 5 80 H_. Missouri Pacific 53 81 1. Mont Pwr 3%8 66 _ Montr Tram 5s 41 orris & Bs 3%s 2000. orris & Es 4%s 55 Morris & Es 53 5! Natl Dairy 3%s 60 National Distill 3%: A 55 55 56 56 9% 91% 56 554 106% 10615 €6 66 103 103 107% 1075 1077 1075 104% 104% 102 102 8815 88y 109 17% 821 5% 97% 36% 4 101% T4 3819 105% 1041 39y 5ly 801y 5T% 105 106 109% 108% 108% 961y 9614 19% 197 51% 5% 107% 1075 424 6913 69 108% 108% 100% 100% 81'5 804 80% 105 51 49% 40% 40% 104% 104% 108.26 108.26 108.26 104% 10% 55 87% 19% 19% 25 48 60 61 99% 105% 144 324 98 4% 102% 6 9% 641 86 8% 9% 10 BOND AND CURB Natl Supply 3%s 54. New Eng RR 45 45 NewET & T 4%s 61 New Eng T & T 58 52 NewOrlGNR5s83___. New Orl & N 4%s 52___. New Orl Ter 15t 48 53. NOT&M5%sB6 N Y Central 8%s 53. N Y Central 3%s 46 N Y Central con 45 98__. N Y Central 4%s 2013 A N Y Central ref 53 2013 NYCMichC3%s 98 N Y OMC 3% 98 res. NYChl&StL4%s78._ NYChi&StL5%s 744 N Y Dock conv 53 47 ... N Y & Green Wd 58 46_. NYL&Wn 'stds73... NYNHEH4s47_ NYNH&H4s55.. NYNH&H4s56. ... NYNH&H4s57 NYNH&H4%s67_. NYNH&Hel6s 40 NYNH&Hcv6s48 N ¥ Putnam 45 93 N Y Steam 3%s 63 NYB&W ref bs 37 North Am 3%s 54 _ Norn Pac gn 3s 2047 Norn Pac gn 38 2047 18 Norn Pac 4397 Nor'nPac 48 97 rex Norn Pac 55 2047 C Norn Pac 58 2047 D. Norn Pac 65 2047 Ohio Edison 45 65 Ohio Edison 45 67 Oreg Short Line 5s 46 Otis Steal 4155 62 Pacific G & E 3%s 66 PacG & E 45 64 PacT & T 3%s 66 C. Penn P & L 3%s 69 Penn P& L 4128 74. Penn RR 3%s 70 Penn RR 4s 48 Penn RR cn 4s 48 stpd _ Penn RR 4%s 81 Penn RR 4%s 84 B Penn RR gen 4%s 65 Penn RR deb 4%s 70.. Penn RR gen 55 68 Peoples G L & C 55 47 Peoria & East 15t 45 60_. Peoria & Einc 4590 ___ Pere Marquette 48 56 __ Pere Marquette 438 80_. PhilaB& W 4158 81D _ Philadelphia Co 4%s 61 Phila Elec 3%s 67 PhilaR C&Irbs73.. Phila R C & Ir 65 49 Phillips Pet 1% 51 PCC&StL4%s77- Pitts & W Va 4%s 58 A__ Pltts & W Va 4%3 60 C_. Press Steel Car 58 51 Reading R 4%s 97 A_ | Reading R 425 97 B Republic Steel 4%;3 56__ Republic Steel 4%s 61__ Rio Gr W col 4549 A_. RIAZI4%S34 StLIMSR&G4s33. BtLP& N W 5548 8t L Pub Sve 55 59 _ StLSan Pr4s50A. St L San Pr 4% 78 StLSan Pr5s50B. StLBW 58 52 St L SW ref 55 90 StPEG Tk 4145 47_ StPEStL4%s 4l * | Seaboard A L 43 50 stp. Seaboard A L ref 4s 59_. “ | Seabd A L rf 4s 59 ctfs % | Southern Railw. | Southern Ry gen 65 56.__ 104% . 102% 102% 102% |w | wal Seaboard AL 6345 et | Shell Union O1l 2148 54 -.- 101% Simmons Co 45 52 | Southern Pacific 3%s 46. Southn Pacific col 45 49 _ | Southn Pacific ret 45 55 Southn Pacific 4125 68__ Southn Pacific 4125 69__ Southn Pacific 4155 81 So Pacific Oreg 4%s 77 So Pacific S F Tel 45 50 Southerr Rairway 45 56 5594 | Southern Ry 65 56 S0 Ry Mem div 55 96 SW Bell Tel 3'%s 64 Stand Oll of Cal 3%s 66 Stand O N J 2%s8 53 __ | Studebaker cv 63 45 | Buperior O1l 3%s 56 Texas Corp 35 59 _ Texas Corp 3s 65__ Texas & Pacific 5579 C - Third Avenue 4s 60 Third Avenue adj 5s 60 FINANCIAL. M i wa 124 76% 78 1% 5Tt 56% | €673 107% 10815 12 &4 107 110% 108% 1073 1054 923 1 110 9% 974 107% 3 1081 112 83% 107 110% 108% 4 107% 10374 35'% 85 13% 14% 1474 394 20% 814 9 12% 6 5% 6% 974 101% R/5% 58% 6513 52% B1% 5l 525 85% 6413 9114 841y 65\ 101% 104 Union Pacific 3'28 80 ., 1054 Union Pacific 1st 4s 47__ United Biscuit 315 55 _ United Drug 5s 53 United Stockyds 4%s 51. Utah Power & L 55 44 Va Ry 15t 333 66 Va SW con 55 58 Wabash 4571 w. 1. sh gen 45 §1 w1, sh 4Ys 01 w 1. Wabash 2d 55 39 et Walworth 8s 55 ‘Warner Bros 65 48._ Warren Bros 6s 41 ‘Wash Central 4s 48 Western Md 1st 4s 52 Western Pac 5s 46 A asd Western Union 4128 50 . Western Union 5551 ___ Western Union 55 60___ 110% 110% 106% 106% 97 96% 947 941 101 101 108% Westinghse Elee 2%s 51_ 101} Wheel & LE 4549 ___ Wheeling Steel 3125 66._ Wilson & Co 4855 _ Wis Cent 15t gn 45 49 | WisCS&DT4s36 Youngstown S & T 45 48 114 9454 105% 407 10 101% 9414 40% 10 10 101% 101% Washingfon Exchange SALES. AFTER CALL. Capital Traction 1st 55—$500 at 104. Mergenthaler Linotype—8 at 3134. Capitel Traction 1st 55—$1,000 at 103%, $2,000 at 103%, $500 at 103%. ‘Washington Gas common—100 at BONDS 17%. Fot Elec Pwr By B Gas'Bs 1 ing! Wl.sll B" & Elec 4s lB&l & lofli MISCELLANEOUS. Ter RI&W Cp 1st 4%s STOC 1948 102% KS PUBLIC UTILITY. Amer Tel & Tel (9 Capital Transit (s Vs Steamboat (4) ot Elec Pow 5% Pot El Pw 5127 Wash Gas Lt pfd (4.50) Wash Ry & El com (g4 1d (8) 5E (5.50) Wash Gas Lt com (150). _E A Sistete i 0) Wash Ry & El ofd i5) BANK AND TRUST COMPANY. Yash, Loan’ & Washineton {0 American (16) Piremen's ll 40) National Union (.75)° ‘TTTLE INSURANCE. lumbis (k.30) R B tae ol Ry T 1.50) $5. .00 extra, i h‘i 9, 1 l. Il par value, u.ooo .| Bsquire Inc (. 60g; ARKETS 1CURB—Stocks (By Private Wire Direet o The Star.) Stock and Sales— Dividend Rate. Add 00. High.Low. Close, AcmeWire265g.__ 40s 21 21 21 Aero 8up B 808 - - 1 5% 6% 5% Allled Prod A (1.75) 50s 21% 21% 21% Alum Coof Am 6g__ 50s 102 102 102 Alum Co pt (6) 50s 113% 113% 113% Aluminum Ltd (h8). 50s 76 176 76 AmCyn B 608 9 37% 3T% 37% AmPork & H140s-200s 12 12 12 Am G 5 19% 19% AmO & Ept (4.75) 1258 104 104 104 Am Superpower ___ %o 4% Am Writing Paper._ 2% 2% Ark Nat Gas (A) . 1 : 3 Ashland O & R (40) 4 3% Auburn Cen M1 5% B W 3% &+ # 8% Baldwin Loco wi Barium Stain 8tl. 2% % 15% Beech Atrcraft Bellanca Atreraft___ Berk & Gay Pur Bliss (EW) (1g)___ Blue Ridge Blue R cv pf (3d) Brewster A (.308)__ Brown P A (1.508) _ BN&EPDt (1.60). Bunk Hl & 8 (1)__ Burry Biscult Calif Elec Power . Carrier Corp | Cent N ¥ Pwpt 5). | Cent O 8t1 (1.25g) ... Cities Service Cities Service pf 3¢ City Auto Stpg (.60) Col Puel & I war __ ColG&BD!(5) .. Columb Ofl & Gas . Compo Shoe (1) 50s 8l Consol Gas & Elee Balpf C (4) 10s 102 Cons Steel Corp _ 2 5% ContiG&Eprof7. 90s 8315 ContRol &8 .508.. 2 8% Cuban Atl (1508)_. 6 14% Derby Of1 Diveo Twin (1g | Driver-Harris 2.40 | Duro-Test | Bagle Picher La.60g Eastn Gas & Puel EG & P pr pf(4.50) East'n Mallab 2.25¢ Elec Bond & Share Elec P& L war 13 Emerson Elec (.105) 1 | Bauity Corp . ___ 1 * 34 i) % 14% 1% 40 10Cs 1308 31% 5 1% - 102 102 5% 5 83 8% 14% 1% 83 8% 147% 1% 5 24 * 8% 115 2 : 258 508 22 14 507% 19 1% “ 5 h 1 2% | EversharpIne ___ 2 z’q | Patrchild Av1.28g.. 1 FaP&Ltpt (7)__. 268 1om 101\1 101‘6 Pord Can (A) (b1).. 2 Gamewell pf (6) 10s 92 LA 92 92 % % 5212 524 101% 1014 £ 1% “ 32% 6% 85 17% 565 % 11 6% 3 18 76% 28 Gen Sharehold . Gen Share pf (6d) Ga Power pf (6) Gilchrist (.258) Glen Alden 1.70g | Greater N ¥ Bre: Gulf Oil (1a) - Hecla Min (1.20g) | Heyden Chem 3a __ Hoe (R) & Co (A) Humble Ol 2¢ Hust (Ded 13t ot - Tliinois Zine (508) - 3508 ImpOilLtd (h50). 6 Indiana P L (.20g) 1 | Ind Sve 6% pt 30s InsCo N A (2.508) 1508 Int Util pr pf (3.50) 508 Irv Air Chute 1a. Jeanette Glass _. 208 52i4 50s 10115 6 508 1% fil’i | | Laxey Pary 408 Lehigh Coal (.65 Locke Steel (1.20a). 508 Loze Star G .70g. 1 | Long Isl Ltg ptf 758 20 \Lou IsiLtof 100s 18% | Mead Jobn (3a) __. 30s 120 | Merr-Chap & Scott. 2 54 | Mich Sugar _ 1 14 | Middle States Pet (A) 370) 1 2% MidStsPBvic 05 10 14 & a1 1 1258 38 38 100s 160 Mid West Abras Minn M & M 2.40__ Mont Ward A (7)__ | Mount City C .25g. Nat Puel Gas (1) __. Nat P& L ot (6). Nat Sugar Refin NEPA6% pf1k _ NewEng T&T (7). NJ Zine (48) NYP&Ltpt(6)__ Niag Hud Pwr Niles-B-P 1.25¢ N ARay (B) 2.25¢ Northn Sta P (A)__ Ohio Pwr pf (4.50) Pantepec 01l _ Pennroad 258 _ | Penn P& Lpt (6) . Penn P& L pf (7) Penn Sugar Prop 8t B0s 29 g 305100 100 10 50s 6815 6815 (kg 208 9lu 9k Sl 16 1% 1% 1's 5 14 14 14 31 9 17 17 1 2% 2% 2% 40s 109% 109% 109% 4 4% 4y 4y 54 313 3% 3, 208 99 99 99 255103 103 103 3 2% 2% 2% 00s 9413 925 93 55% 55t 55% 61% 61% 61% 281y Pitts P1 Gl 58 Potrero Sugar Powdrell & Aex 40 Pratt & Lam (2g) .. 200s Premr Gold (h.08). 1 | PusetSd P36 pf___ 2758 Republic Aviation.... 8t Regis Paper. Salt Dome Ofl .. 108 141 208 41 41 -5 28% 28 Spalding AG 1stpf 1208 17 |StandOtlKy 1a) - 1 | Stand Oil Ohio pf 6. B0s Sunray Oil(.108) Sup Ot of Cal 508 Taggart - Tampa Elec (1.801 Tilo Roof (.80) United Gas United Gas pf 9 Utd Lt & Pwr pf Unit Sh M (2.508) U 8& IntSpf 3.75¢ - Univ Products 1.808 Utah-Idaho S (.158) | Valspar pf 28 Venezuela Petrol. Va Pub Sve pt Vultee Atrcraft Wilson-Jon's 1.1258 1 % Wright H (h.408) 3 2% s Unit of trading. 10 lhlrfi‘x * k& 4 120% 120% 22 22 b4y 54% 53 53 10% 3 16% 4 88 8% T4 24 rIn bank- 2 8% cial ivi xd Ex fllvlflend £xtra or extras. e e Betinred of DA 3o Tar this Sear. able in adian funds. idends paid or declared this Tardy Pubpils Submit Good Alibi for Once By the Associated Press. SYRACUSE, N. Y.—Twelve Jordan High School boys late for classes had a good—if unusual—excuse. They stopped, while on their way to school in & bus, to carry furni- ture and furnishings out of the blazing rural home of Mr. and Mrs. Russell Strong. Foreign Exchange mu‘ N olon” (Grent Brion other imr cents): Canads. for United States d cent premium: _sellin mium: equivalent to dollars in New York Bmfl'&. 12 per mt discount or l-un. Gmt Britain. official (Bankers' M‘ nge Committee rates): buying. 4. nl.luommn et: cables, 4.04. Latin Ameriea. ial 2077t .05n: free, .18 = ummm "‘“‘fi“‘m A 2378 BN