Evening Star Newspaper, January 30, 1942, Page 20

A-18 x FINANC:IAL. Capifal Store Sales 66 Per Cent Ahead 0f Year Ago Four Weeks’ Volume 25 Per Cent Above Same 1941 Period By EDWARD C. STONE. Department store sales in Wash- ington for the week ended last Sat- urday, January 24, continued their astonishing 1942 start, running 66 per cent ahead of the correspond- ing week a year ago, the Federal Reserve Bank of Richmond report- today. In che previous week and the week ended January 10 sales were up 49 per cent and in the week ended January 3 were 29 per cent ahead of last year. ‘Today's report states that sales in the fifth district last week were 47 per cent ahead of the like 1941 period, gained 32 per cent in Balti- more and 35 per cent in a group of other cities. Sales in Washington were 8 per cent lower than in the previous week this year, 9 per cent lower in ! the fifth district, 11 per cent in Baltimore and 10 per cent in other cities. In the four weeks ended last | Saturday trade in the Capital was | 25 per cent ahead of last year, 24 | per cent higher in the fifth dis- | trict and 23 per cent in Baltimore | and other cities, the survey says. Capital merchants today assigned two chief reasons for the buying rush. One is fear of a shortage of goods later and the other the growth of the city, which has greatly in- creased the number of shoppers. Orders for Store Goods Soar. Merchants in Washington and the rest of the fifth district evidently | expected a tremendous increase in | department store sales early this year, judging by outstanding orders | for merchandise. | ‘Washington stores had 86 per cent | more goods on order at the end of December than on December 31, 1940, the Federal Reserve Bank of Richmond reported today. : Baltimore orders were up 84 per | eent, Richmond 44, a group of other | cities 79, while the fifth district av- erage stood at 78 per cent, the re- | THE EVENI NG STAR, WASHINGTON, D. C, FRIDAY, JANUARY 30, 1942, FINANCIAL. 'SI'R:«NSACTIONS ON THE NEW YORK STOCK EXCHANGE tocks (By Private Wire Direct to The Star.) Stock and Dividend Rate. Bales— Add 00 High Low Close tAbbott Lab pf 4 50 106% 106 106 Net Chge. -% AD Lab pf 4.50. 20 10!* 108% 103% Adams Exp .60g. 4 Air Reduct'n 1 Alr-Way Elec_ Alleghany Corp._ Al'g'y $30 pf ww Al'g’y Lud 2.25¢ Allen Indus 1 Allied Chem 6a Al'd Mills 1.25¢ Allied Stores A Leath pf1.508 Am Ag Ch 1.20a { Am Airlin 1.508 | Am Bra S 2.20g tAm B S pf 5.25 Am&FP 6pt .30 Am Home 2.401 Am Loco pt 78 AmMac &Fy .80 | Am Ma & Met Am Metal 1508 | tAm News 1.80 AmPw & Lt A P&L $3pf 94k A P&LS6 1.125k Am Radtator 60 Am Roll M 25e | Am Saf Raz.502 | AmSm & R .50e | Am Sm&R pf 7. i Am Snuff le | Am Steel F 2¢__ Am Sug Ref Ze_. | Am Tel & Tel 9_ | Am Tobacco le Am Tobac(B) 1e Am Type Found. Am Viscose .508_ Am Wat Works Am Woolen Am Wool pf 12 Am Zinc Am Zin pr 1.25k Anaconda 2.508 Arch-D-M 1.858 Armour TU___ Arm Ill pr 1.50k. Armstr'g C 25e_ Artloom 7758 — Asso Dry Goods._ Assoc Invest 2a_ tAssoc Invpt 5 AtchT&SPF le. Atch T&SF pt 5. port says. Stocks of goods on hand in Wash- ington department stores at the end ! of December were 31 per cent higher than a year 2go, were up 28 per cent in the fifth district, 29 in Rich- | mond, 24 in Baltimore and 28 in the group of other cities. | Washington collections were good | in December, 30 per cent of bills | due at the beginning of the month | being paid. The average for the‘ fifth district was 35 per cent, Rich- | mond and Baltimore reporting the | same percentage, Trade in the | Capital was up 17 per cent in De- | cember and 20 per cent in the full | year. C. & P. Net Off Sharply. Net income of the Chesapeake & Potomac Telephone Co. in December disclosed a sharp drop, totaling $11,859, against $190,597 in Decem- ber, 1940, a decrease of $178,738, ac- cording to the monthly report filed today with the Public Utilities Com- mission. Operating revenues were higher, | $1,498,272, comparing with $1,209,399 | a year ago. However, operating ex- | penses were much higher, $1,218,641, comparing with $841,593, leaving net operating revenues of $279,631 against $367,806 a year ago. Oper- ating taxes required $61,077. Non- operating income was much less| than in 1940, while interest deduc- | tions required $90,934, against $67.741. | Net income for the full year 1941 amounted to $1,509,168, compared with $1.862,997, a drop of $353,829. Operating revenues were 18.88 per cent higher than in the like 1940 period, but expenses, including, taxes, were 2224 higher. Interest deductions also were considerably | higher, while non-operating income ‘was much lower. There were 321,924 telephones in service at the end of December, | which is an increase of 6,136 tele- phones over the previous month.| Telephone users made 43,007,000 calls | during the month, or 8,175,000 more than in December, 1940. Telephone Outlay $17,000,000. ‘Expenditures for teiephone plant, | of $1,576,000, were authorized by the directors of the Chesapeake & Poto- mac Telephone Co. at their meeting yesterday, C. A. Robinson, vice president and general manager, an- nounced. Indicative of the tremendous growth of Government telephone service, Mr. Robinson pointed out that about $936,000 will be spent to | replace three private branch ex- change systems of Federal agencies, and $285,000 will be spent on addi- | tions to the equipment in four Gov- | ernment systems. The company spent on construc- tion in the District of Columbia | during 1941 more than $17. 000,000 | or 72 per cent more than in 1940. Defense Bond Sale; Stressed. In his recent annual report Cor- AtlCoastL1g_ AtlRefining 1__ Atlas Corp 50 Atlas Pow 4.508 tAustin Nof A_. Aviat'n Cp .15¢. Baldwin Lo eufs. Balto & Ohfo___ Balto & Ohio pf. Bangor & Ar't’k. Alleghany pf xw. Allied Strspf 5. Allis-Ch 1.502 AM&FP 7pf .35k 11 11 35% — % 321 31% —1% 129 129 129 +1% 1 % % L W % @ 1o B0 S 00 o 0 D 33 10 000 e 10 00 T 19 G5 0 1 it 10 6 2 ek ©O 1 8O et bk tAm RM p 4.50 360 18 20% 19% 19% 1 20% 20'; 20'; 20 l"S‘fi 1277% 1 47 48 4% tBangor & A pf. 1"0 | Barber Asp_ - tBark Bpf 2.75. Barnsdall .60 _ Bath Iron 1.258. Beech Nut P 4a Bendix Aviat 48 | Beneflc L. 1.70g. Beth Steel O¢. Beth Stipr7 Blaw-Knox .60 Boeing Airplane. Bond Strs 1.60a. Borden .30e Borg-warn 2z _ Tston & Maine idgeport Br1. Briggs Mf 2.25¢. Bristol-M 2 40 Bklyn-Man Tr Bklyn&Queens._. Bras-Blke 2.50¢ Bueyrus-E 1z Bulova Wat 2a Burl'n M 1.508. Burl'n M pf2. Burr's AM .15e_ Bush Terminal . tBush T Bldg pt. Butler Bros .60 Butte Copper. | ByersAM Co Byers pf 3.07k_ Calif Pack 1.50_ Callahan Zinc Calumet&Hee 1. Campb W 1.60 Canada Dry .60 Canadian Pac Case (JI) Co 7g tCase JI Co pf 7 Caterpillar T2 | Celanese 2 tCelanese prpf 7 tCelanese prpt 5 Celotex Corp 1__ Cen Aguir 1.50a. Central Pdry Cent RR NJ (1) Cent Violeta 18- Cerro de Pas 1e_ | tCert'n-t'd P pf Champ Pap .25 Chesapeake Cr_ Ches & Ohio 38 Ches&Ohio pf 4_ Chi & Eastn Il Chi& ETI A ChiGrt Western_ Cal Grt W pt Chi Pn Tool .50e | ChiR1&P6oDI T ChiRI&PT%PI T. Childs Co Chrysler 6z City 1& F1.20 Clev E 1 pt4.50 Climax M 1.20a Cluett Pby 3g fCluett P pf 7_ Coca-Cola 58 . Coca-Cola A3 Colgate-P-P.50a Colg PP pf 4.25 Collins & Atk 3g #Collins&A pt 5 ColoF&I1a tColo & Southn 300 - 50 2 9 1 16% 16% 167 1105 105 105 7 36% 364 36% 213 13 13 17 63% 63% 63% + 8120 120 120 70 Y, 7 175 — 15% — 20% - % 221, — % 21 -4 16'% 38 177% 15% 20% 2215 17% 153 20% 2214 24 8% 16'% 377 % % -y o E | tHamilt W pt 6. . | Hershey cv pt4a. | Hires CE 1.21 Baies— Stock and Add Det Edison .35e.. Diam’'d M .375e. Dome Mines h2.. 10 13 Douglas Air 5g.. 4 64 Du Pont 72 Du Pont pllbfi. 1124 Elec Pwr & Lt _ EI P&L 6 pf 30k El P&L 7pf .35k. El Stor B 2.50¢ - El Paso N G2.40. +Endicott J pf 5. 20 108% Eng Pub S pI5.. 66 9 674 Erie RR ctfs ErieRRDIA5_ Ex-Cell-O 2.60%. Fairbanks M Pajardo Sug Firestone .25e__ Firestone T pf 6. Francisco Sug—_. Gair (Rbt) .258- Gar WoodIn 40. Gar WIpt 5 Gen Am Inv.25¢ Gen A Tr 3g Gen Cable G Cable pf1.75k Gen Elec Gen Foods (2)__ Gen Gas & E1A. Gen Mot 3.752 - 108 Gen Motor pf 5 GenOutdoor.20e Gen Pr Ink .05%. Gen Ry SIg 1¢, - Gen Refr 1.40g. Gen Theatre 1 Gillette SR 458 Gimbel Bros Glidden 1.50g. Gobel Adolf 1Gold St Tel 8 GoodrichBF 2g. GoodrichBF pt 5 Goody'r 1.3758 - Gotham ik H_ Graham-Paig Granby Con.60a Grand Un x etfs Granite City.358 Greyh'd pt .55__ Guantan'o Sug . tGuantn’o § pf- 200 Harb-Wikr 1.50. Hayes Mfg C Hazel-Atlas G 5. Hecker Pr .60 _. HerculM 1.25¢ - Hershey Choc 3 Holly Sug .25¢ - Homestake 4.50_ Houd-H(A) 2.50 Houd-H B 1.508. Houston Of1 Howe Sound 3a_ Hudson Motor.. Hupp Motor r_.. 0 00008 N8 e D e O et D 1111 Olsd lins 4_ 210 Indap P&L 1.60. 2 Inland Sti4s___ 1 Inspiration C1- 6 Interlake 758 10 Intl Bus Ma 6; Intl Harv 2a Intl Hydr EA Intl Mercan M __ Intl Min&Chem _ Intl Min&Ch pf- Intl Nick Can 2 Intl Pa & Py IntIP&P D5 . Intl Ry Cen Am_ tinterst DS pf 7. 40 JarvisWB1.125¢. Jewel Tea 2.40_. Jones&Laul 358 Jones&L pt A5 101 S 0010 S 51 it i 20 19 19 1 i 0 OO 23 290 1S B Jones&L pf B 5. Kans City So | Kresse DS 4% ln 17 7 38% 38% 20% 19 97 10 120% 1‘703‘; 1201. 90 17 | Long-Bell (A) | tLorillard pf 7. 10111 7 40% 1 338, 10 14113 N]‘ 13 11 70% 3 574 5T% 5 3 13% 13% 134 1104'; 104% 10414 1 12% 12% 12% — % 50 102 102 102 + % 6 17 4 1% eoran Thom, president of the Amer- | tcolo&so 1st . 190 2% ican Security & Trust Co., stressed | tcolo&So 2d pt- 50 3 the great importance to the na- tional defense program of support by the banks and the public of the| sale of savings bonds and stamps. Mr. Thom said that the war and economic upheaval have made ‘Washington one of the most im- | portant focal points in the world. | In 1941 the trust company’s grov.th‘ was materially helped by the large increases in population and the number of corporations and organ- {zations which moved here. Turning to the increase in loans reported by many Washington baan during 1941, Mr. Thom told the | stockholders that the trust com- pany's loans and discounts showed an increase of $2,221,715.92 in the 12 months. In meeting the turnover in per- sonnel due to the war the bank has added many women to the staff, as men have been released for defense work, Mr. Thom said. Today’s Trading on Exchange. In another busy session of the Washington Stock Exchange. 100/ shores of Garfinckel common sold at | 914, unchanged. Washington Gas common was | very active, 100 shares opening at| 183, followed by 10 more moving | at 18% and 150 selling at 187, up| 1% from recent sales. Capital Transit opened with 52 shares selling at the new high of 22, 20 more changing hands later at 22, Mergenthaler Linotype was strong, 25 shares moving at 33% and 75 at fi’a’. against yesterday's high of %. Col BC (A) 2§ Col BC (B) 2¢. Colu G&E .108. Col GXE Dt A Columbia Pic Comel Credit 3 . Comel C pf 4.25 1 Tnv Tr 3 Come! Solv 558 Comwl Ed 1.80 Comwitn & So Comw & Sopf 3 Congoleum 1a Consol Air 4z Cons Cgr 1.508 | tConC pr p16.50 Cons Cop 758 - Consol Ed 1.60_. Consol E4 pf 6 Cons Laundries_ Consol Oil 50 . Cons'd’t'n Coal_. Contl Baking Contl Bak pf 8__ Contl Can 2 Contl Diam'd 1_. Contl Ins 1.60a_ Contl Mot .10g Contl Oll .25¢ Copperw pf 2.50 +Corn Ex 2.40 _ CornPiod3 . tCorn Propf 7. ne Co 12 tCrane cv pt b | Cream of W1.60 Crown C&S 12 Crown Zel' .25¢ tCrown Z pf5 Cuban-Am Sug | C-AScv ! 5.50 Cudahy Packing CurtPorpf3 Curtiss-Wr 1g. Curtsis-Wr A 28. 14 12% 12 1% 52 90% 2% 6% 5% 4 2% 1102% 26% 8% 39% 3% 2319 | tLaclede Ga: | Mathieson 1.50a 15 | Maytag Co pf | Miami Cop .258- | Mo-Kans-T pf _ Kresge SS 1.208. Kroger Groc 2 .- - 40 Leh Port C..375e tLeh Port C pf4. 30 Leh Valiey Co Leh Val Coal pr_ Leh Valley RR. Libb-O-F 3.508- Lib McN&L.358- 4 Life Sav 1.60a_.x 9 Lima Loco 1 Link-Belt 2a Lion Ol Refl 1. Loose--Wiles 1__ Lortilard P 1.20. Macy RH2 Manat Sugar _. Marine M .10e +Mark S R pr pt Marshall FId.80. Mart'n Glenn 3g Martin-Parry May Dep Str 3. McCrory Sts 1a. McGraw E12a__ McGraw-H .758- Mc Kess&R 258 M'Kess pf 5.2! Mead pf B 5.50_ Mengel Co .508-.. tMeng 5 pf 2.50 17 Merch&M Tr 1g. MmO~ S DU S e S Mid-Cont 1.168- tMid] S 1st pf 8. Minn-Mo Imp Mission Co 8! Mo-Kans-Tex _ LU A ORAN D - © Monsanto Ch 2. tMons pf C 4 Mont Ward .50e Morrell & Co tMor&Es 3.8 Mot Wheel 1. Mullr Brs 2.2 Mullins Mfg B - tMullins pf8.25¢ Munsing 2.50% Murphy GC 4 Mur'y Crp 508 "o -5 9 DB SR | Nash-Kel 3758 3§ +NashC&StL 2§ 230 Nat Acme .50e__ Nat Auto F .60_. Nat Au F pf .60 Nat Biscuit 1.60. Nat Biscuit pf 7. Nat Can .25¢ Nat CashReg 1a. Nat Dairy .80 _. Nat Distillers 2_ NatEnam?.1258 Nat Gyp pf4.50 Nat Lead .50a tNat Lead p! B Nat Ofl P 1.95¢ Nat Pwr&Light. Nat Steel 3a NatSupply Nat Sup $2 pf _ iN Sup6pf 9.75¢ Nat Tea Co Nehi Corp .6! Neisner Bro 1s. tNewb'y JJ Dt 5. Newm't Min 2g_. Newp't Ind .758- Newp't N 8 500 'I 10 2 23% 13 6314 124 IKIR‘A 66 9 6% 100 11% 34 9% 421 174 15 149 20% 6% 15% % 161% 54 12% Ly 13 13 10109 109 109 29% 10 23% 30% 64 124 31% 227 14 — 29% = 37% 37 201 3315 Net Dividend Rate. 00 High Low Close Chat. 8 181% 18% 18% + % tDevoe&Reyn 1. 70 19% 19% 19% + % 1 26% 26% 26% — % 13 +% =W 12 1284 1261 126% = % -1 u E % % % % % i Stock and Dividend Rate. NY Chi&St L pf. NY O Omaib 2-. NY Dock pf NYNH&HT NYNH&HpT. NYOnt&Wr.. No Am Avia 2¢_. No Am Co 1.65¢. NAS% D12 875. No Am 6% pf 3 Northern Pac... 87 Nor Sta Pwpf5. 1 ©Ohio Oil .50g . 10 Oliver Far 50e.. 4 tOmnibus pf 8. Otis Elev 20e Otis Steel Ow-111 Gl .50e . .. Pac Am Fish 1g. tPacific Coast [ l 1 8 120 +PacCoast2d pf 120 Pac Pinan 1.20a 4 PACG&E2 | Pac Lighting Pac Mills .50 Pacific Tin 708 2 Packard M .10g- 22 Pan Am Air 1 6 Panhandle .- 1 Paramt Pic .90g. 28 Park UM .10g _ 1 Parke Davis.40s. 7 Parker Rust 1a_ 6 Patino M 2.158_. 7 Penney (JC) 3a- 3 PennRR 2 ___ 71 PeoplesGLAC 4~ 1 Pepsi-Cola 2.508 57 Pere Marquette. 1 tPere Mara pf__ 210 tPere Mar pr pf_ 70 Phips Dge 1.50z 13 Phila Co67%pf3 2 | tPhilaCo $6pt 8. 50 Philco Co 1 1 Philip Mor 3a | Phil Mor pr4 Phil-J pf 175Kk Phillips Ptm 2 __ Pillsbury FI1 __ Pitts Forging 1_. Pitts Screw 60 | tritt Spr 2.75¢ Poor & Co B | Postal Ter pf__ | Pressed Stl Car. Procter & G 2 | tProc& G pt 5 Pub § NJ 1.9 Pub Sv NJ pt Pub Sy NJpf6__ tPub Sv NI Dt 8_ Pullman 1a 2 10 6 Purity Bk 1.20z. Radlo Corp .20e. Radio cv pf3.50. Radlo-Keith Or_ Raybestos-M 2g. | Rayonier - | Reading Co 1 | Real Silk Hose | tRets&Co 15t B | Reliable Sts 508 Republic Stl 2 tRep St1 cv p1 6. | sateway 5trs 3a. | 1Safeway Spf 5. 8 St Joseph Ld 2 StL-SPpfr__ Savage A 508 _ Schenley D 1g % | Scott Pa 1.80a - | tscott Ppt 4.50. ¥ | Seab'd Air LT # | Seab'c 011 1 b4 | Sears Roen 3a. Servel Inc 1 Sharon Stl 1g tSharon S Bf 5 Sharp & D 20g- Shell Un Ol 18- s +| 8 5 i+ & 21% 391 42 4 17 8 15% 149 613 — 14 | Wess O&8 13 29% — % 10 + % 23% - 1% 30% - % | Skelly 011 1.508 | Socony-Vac .508 SoPorRS So'n Pacific 8o'n Railway. So'n Railway pf. So'n Ry M&O Spks Withingt'n. Sperry Corp 2 . 1Spicer M pf A3 Splegel Inc .60 1Sptegel pf 4.50. SquareDC3g Stand Brands 40 Std Gas & Elec Std G&ES7pr pt. | staoilcalla__ td Ofl Ind 1 d Ol NJ 1a 5td00h 150 SunoOilla _ Sunshine Min 1. Superheater 1a_ Super Oil .058 Suthld Pa 1.20a. Swift & Co 1208 | Texas Co 2 Tex Gulf P.10e Tex GHSulp 2 Tex Pac LT .108. ThomProd 2.508 Thompson Star— Thomp-Star p?_. Tide W A Ofl 1 20th Cent-Fox - Twin City R T +Tw City R T pf Twn Coach 758 SR 000019 60 1 T a1 00 10 1 20 000 D 10 10 1 20 1 10 20 e 5 Un E M pf 4.50 150 tUDEIMopt5_. 20 Union Oil Cal 1 Union Pacifie6 . 12 Union Pac of 4. Un Prem PS 1a_ Union Tank C 2. Utd Alrcraft 4¢. Utd Arcraft pt 5. Utd Air Lines_ | Utd Dyewood ? | United Fruit 4 « | Walworth 25 <oag +1 +1 9% Utd Gas Im .60 Utd GasTpt5. 1 Utd M&M 758 17 1US Distribu pf 230 US & For Secur— 4 US Lea pr 1. US Pipe& Fdy 2 USPlayC2%a | US Rubber US Rub Istpf 8. U S Smelt&R 1e USSteel le _ US Steelot 7 United Stores A~ Univ-Cyclo 2¢ fURIVLT pt 8- 10 Vadsco Sales .. 2 1VadscoSales pf 110 Vanadium 1.508 Van Ral 15t 7. 40 | vick Chem 2a Va-CaroChpf1g. 1Va IronC&C pt. | vaRy pf 150 Wabash pt w.i. T Waldorf Syst 1. Walgreen 1.60 Walker H bt 34 3 1 1 g Warner Pic - | warren Brr tWar Brevplr_ Wash G L 1.50 Webster Eise: 25e.. Nest Pa EpI7_ tWest PP pf4.50 W Va P&P .50e_ Westn Pacp?_ Western Un 2¢_. Wthse AB 1.758. ‘Westhse Elec le. 2 30 50 A Sales— Add Net mlh Low Close Chge. 45% 46 14 14 4 +% 15 15 15— % 2h=% 62 6% 6% msu 1067 1067 — 1% T Th=% 185 1814 — g T5la 7o' 12% tPacCoastlstpf. 80 2 1%+ % 10% = % 19% 3014 1T =% 2 2% 16% 1% 15 1% 26% = % -% 106 106 40 404 17 117 14 13% 841 8414 + 98 34 1814 16% 33 ll-l 66% 664 664 10612 10614 10614 111 111 1 281 16% 16 0 69% 49% 49y 534 52% 118 1175 117% - e & k+ ok 14% 14% 144 + % 149 149 149 +1 o H+ % 25 25 25 +1% 2 11 1 —-% 115% llS 115‘/1 +1% 1024 101% 102% 112% 112% 112% + 1T% 17% 17’-+ % 243 24% 24% + 187% 18% 1814 — 1% 1T T = | Alleg Corp 55 49 mod | Beth Steel 35 60 Bales— Stock and Add Net Dividend Rate. 00 High Low Close Chge. 1Westva pf 4.50.130 105% 105 105 —1 Wheel's Btl.50e 26% — % tWheel 8tl pr 5_ 69 +1 Wilcox O&G 2 Willys-Overland. Willys-Over pf_. Wlson pf 1.50k. Woodw'd Ir 2§ Woolworth .40e_ Worthinston P. 11 12% 12% tYellow Tpf 7_.310 119% 118% 119 +1 Yestwn S&T 3e. 8 35% 35'% 35% — % Zonite .15g . 4 2% 2% 2%-—-% Approximate Sales Today 00,000 12:00 Noon.. 30,000 2:00 PM.__ 380,000 fUnit of jtrading teh. shates: ssles prined n Tun 5 I FankPuptey eiver. Ship or being feorganized under Bankruptey 170,000 280,000 the tion. Unless otherwise noted, extra dividends are not includy able in Clnlflln u ast year KAccumilated. dividends paid- or déclared this year. Bonds By private wire direct to The Star. Approximate Transactions Today. Domestic Bonds. 7,880,000 Foreign Bonds - 400,000 U8 Gov't Bonds 160,000 TIEASUIV Close. 1 100. 21 100.21 9 102.29 102.29 - lnozl 100.17 100.17 110. 110. 110, 3Y45 1044-46_ 14 105.14 105.14 3%51943-47_ 30 103.30 103.30 NEW YORK CITY BONDS. 351930 __ 102% 102% 102% FOREIGN BONDS, High. Low. Close. 1% 11% 11% 1 11% 6912 691 Antioquia 7s 45 B Antioquia 75 45 C _ Argentine 45 72 Feb Australia 55 55_. Australia 55 57_ Belgium 75 55 __ Brazil C Ry El 7s 52. | Brazil 8s 41 Brisbane 6550 _ _ Buenos Alres 4%s 77. Canada 2%s 45_ Canada 35 67_. Canada 3s 68 | Canada 3%s 61_. Canada 55 52 Chile 1is 60 assd _ Chile 6s 61 Jan assd Chile 6s 61 Feb assd Chile 65 61 Sept__ is 61 asd__ Bk 05 02 | Cuba 4%s 7" Met Water 5145 50 Mex 48 1004-54 assd _ Mex 45 1010-45 assd_. | Mexico 5s 45 assd Mex Irr 4125 43 asst__ Minas Geraes 6128 58_ Minas Geraes 6125 59_. Norway 45 63 | Norway 6s 4! Norway 63 44 Paulista Rwy 7s 42_ Peru 15t 65 60 | Peru 2d 6s 61 Poland 445 68 assd Queensland 6s 47 _ Rio Grand do Sul 65 68_. Sao Paulo State s 68 | Sao Paulo St 75 56 Sao Paulo State 83 50 Urug 3%-4-4%s ad) 70 DOMESTIC BONDS. i PAP 58 53 un std 68% leg Corp 5s 44 mod __ 5813 581y 68% 68% | 89157 891y 75 Alleg Corp in 55 50 5714 Alleg Corp 55 50 mod Allied Stores 4125 51_ Allis Chalm cv 48 52____ Am & For Pwr 55 2030_ Am1GChem5'3s49___ Am Intl 535 45 Am Tel & Tel 3s 56 Am Tel & Tel 3%s 61___ Am Tel & Tel 3%s 66._ Am Type Fars cv 50 Am Water Works 65 75 . Ann Arbor 4s 95 u Armour (Del) 1st 45 55 Armour (Del) 4557 _ AT&SFead)4s 95 AT&SPe adj 45 95 std AT&SFadids05stre AT&SFgends? AT&SFCA 4145 62 107% 107% 107 6513 10415 104 107 651 10414 104 |AT&SPTCSL4s58. Atlanta & Birm 4s 33 Atlanta & Ch AL 55 44. | Atl Coast L 1st 4s 52 Atl Coast L clt 45 52. Atl Coast L 4735 64 At Coast L 58 45_ | Atl & Dan 1st 4548 AtlGulf & W In 58 59 B&O1st 4548 _ | B& 02000 D std B&OPLE&W Va B & O SW 50s std Bang & Aroos cn 45 51__ Bang & Aroos cv 4s 51 st Bang & Aroos 5s 43 Bell Tel Pa 55 48 B Benef Ind L 2%s 50 Beth Steel 3128 52 Boston & Maine 45 60 __ Boston & Matne 4148 70 Boston & Maine 55 55 Bklyn Ed cn 3%s 66 Bkiyn Un Gas 55 50 Bklyn Un Gas 55 57 B. Bush Term cn 5s 55. Canada South 5s 62 Canadian N R 4%s 51. Can N R 5s 69 July_. Can Nor 6%8 46 Can Pac db 4s perp-_. Can Pac 58 54 Caro Cent 4s 49 Car & Gen 55 50_ Celotex 415 47 W W. Cent Ga cn 5s 45 Cent Georsia 5s 59 Cent Ga 528 59 65% 874 49 48 100% 100% 94 4 | Cent Ga Mobile 55 46 Cent NJ 4s 87 Cent N J gen 55 §7 Cent N J gn 58 §7 reg Cent Pacific 1st f 45 49 Cent Pacific 55 60 Ches & 0 3123 96 D. Ches& 0 3%s 96 E__ Ches & O gen 4138 92 Chicago & Alton 35 40__ Chi Burl & Quin 48 58 Chi Burl & Quin 4%s 77. ChiB&QME5s71A. CB&QIIdiv4s4o_ Chi & Eastn Ill tnc 97— Chi Great West 43 88___ Chi Gt West in 4145 2038 Chi Ind & Lou 45 47 Chi Ind & Lou bs 47. Chi Ind & Lou 5s 66.. Chi Ind & Lou rf 6 47_. Chi Ind & L gen s 86. C M & St P gn 3%s 89 Chi M & St Pgen 45 89_ ChiM &St P4%s89C.. éMA&StP4%sSOE Chi Mil & St Paul 55 75 C M & St P adj 55 2000 Chi & NW gen 3%s 87 Chi & NW gen 45 87 Chi & NW 4%s 87 Chi & NW gen 5s 87 Chi & NW rf 65 2037———. Chi & NW 6%s 36. ChiRI&Prefds ChiRI&Pgends8S__. ChRISP4%ISIA . 10313 10315 | OhiRI& P cv 4%s 60. ChiTH & 8 rf 53 60 ©hi Union Sta 3 Chi Union Sta 3%s 63.._. Chi& WiIndev4sb2 . Childs & Co 58 CCC&StLre4ls Cleve El Illum 3s 70 Cleve Un Term 4%s Oolo Puel & Iron 5s 70 Colo & South 45 80___ Col G & E bs 52 May Columbia G & E&5s 61 Comwith Ed 3%s 58 Cons Coal Del 55 60 Cons £d4 N ¥ 3%s 46 ConsEAN Y db 3%; lll_ Consol O1l 3%s 51. Consol Rys 45 54 Consol Rys 45 56 Jan.... Oansum Pwr,3Ys 66. Consum Pwr 3%s 70 Continental O 2%s Crucible Steel 3%s 55 _. Cuba Northn 5%s 42 ctf. Cuba RR 58 52 Ctf.. Den &R G 4%s36.. Denver & R G 58 55 Den &R G W 53 55 ased. Duquesne Lt 3%s 65 Elgin J&ERy 3%s8 70 ELP & BW rf 55 65_. Erie RE 1st 45 05 B Erle RR gen 4145 2015 E Pla East Cst Ry 55 74 Pla EC Ry 55 74 ctfs Food Machinery 3s 56 __ Francisco Sugar 6s 56 __. Gen Steel Cast 5125 49__ Georgla & Ala 58 45 _ Ga Caro & Nor 65 34 _ Goodrich 4%s 56 _ Grt Nor Ry 3%s 67 Grt Nor Ry 45 405G Grt Nor Ry 4%s 77 GrtNor Ry 5573 _. Grt Nor Ry 5%8 52 Green Bay & W deb B Gulf M & N 525 50 GuIM&OTrer4s75 B, Gulf M & O in 2015 A. Har River & P 45 54 Hudson Coal 55 62 A _ Hud & Man tnc 55 57 Hud & Man ret 55 57_ Tiinots Bell Tel 2%s 81 Nlinois Central 4s 52 Illinots Central 45 53 - Tlinots Central ref 45 35. Tllinots Central 4%s 66 Tllinots Central ref 5s 55 ICC&StLNO4%s63 |ICC&StLNO5s63A Ind & Loutsville 45 56__. Inland Steel 35 61 Inspiration Cop 15 45 52 Int Grt Nor 5s 56 B. Int Grt Nor 55 56 C__ Int Grt Nor 1st 6s 52 Int Grt Nor ad) 6s 52 Int Hydro Elec fs 44 Int Ry of C A 635 47 Int T & T 428 52 IntT&TSs55 - James F & C 45 59 Jones & Lauzh 3%s 61 KansCit Pt S & M 45 36 KCPS&Mrf4s3fet. Kansas City 80 35 50 Kansas City So rf 5s 50 _ Kresge Found 3s 50... Laclede Gas 55 42 Laclede Gas 5%s Laclede Gas 6%s 60 Lautaro Nitrate 75s. LehC& N4%s54C.. Leh Val Coal 55 44 Lehigh Val Har 53 54 Leh Val N Y 4135 50 Leh Val RR 45 2003 Lehigh Val RR 45 std rg LV RR cn 4%s 2003 std. Leh V RR 55 2003 std Leh Val Term 58 61 _ Ligg & Myers bs 51 Long Isl ref 45 49 _ { Long Island rf 4s 40 | Louisiana & Ark 53 69 Loutsville & N 3%s 2003 Lou & N 1st 45 2003 Lou & Nash 4358 2003 | Lou & Nash 55 2003 __. L&NAU&KC4s55 - L &N So Mon Jt 45 52 Maine Cent RR 41425 60 .. Manati Sugar 4 57 Metropolitan Ed 4%4s 68. Mich Cons Gas 4s 63. Mil No con 415839 __ Mil Spa & NW 45 47 MStP&SSMcn4s38. M St P & SSM 53 38 gtd. | MStP&SSM5%s 49 MStP&SSM6s46 MoK & T4362B | Mo K & T 1st 4s 90. | MoK & T 4135 78 | MoK&T5s62A fo K & T adj 58 67 Mo Pac 4s Mo Pac 5 Mo Pac | Mo Pac Mo Pac 55 711 _ Mo Pac 513549 __ Mohawk & M 45 91 Monong P 8 4%32s 60._. Mont Pwr 3%s 66 Morris & Bs 3145 2000. Morris & Es 415 55._ Morris & Es 55 55 Natl Supply 3% New Eng RR. New Eng RR 5s 45 NewOrlG N R 55 83 New Orl P S 5552 A Nz'Ol’lT&u53545 N ¥ Central N ¥ Centri N ¥ Central 3%s 46 N ¥ Central con 4s 98 __ | N ¥ Central 414s 2013 A N ¥ Central ref 55 2013 | NYCMichC3%s98 __ NYChi& St L 4'%s78_ NYChi&3tL5%s T4A N Y Doek 4s 51 NYGEH&P5s48 N ¥ & Green Wd 55 46 NYL& Wn 1st 45 73 NYL& Wn4%s73_ NYNH& H3%s 54 NYNH&H3%s 56 N Y Putnam 4s 93 _ N Y Rwy 6s 58 std NYS& W ref5s 3 NYS&W Ter 58 43 NYW&B4las46 _ Norf & W 1st 45 96 North American 3%s 49 Norn Pac gn 3s 2047 Norn Pac gn 38 2047 rg. Norn Pac 4s 97 Norn Pac 4%s 2047, Norn Pac 5s 2047 C. Norn Pac 58 2047 D.. Norn Pac 65 2047 Nor States Pwr 3%; Ogden L O 45 48 Otis Steel 4145 62 A_. Pacific G & X 35 70, Pacific G & E 3%s 61. PacG & E4s64 _ PacT&Tr{3%s66B. Paramount Piot 45 56 _ Pennsylvania Co 45 63 Penn O & D 4%5 77... Penn P & L 3%s 69 Penn P& L 4%8 74 Penn RR 3%s 52 Penn RR 3%s 70 - Penn RR cn 4s 48 stpd Penn RR 4%s 81 Penn RR 4%s 84 E Penn RR gen 4%s 65 - 100% 100 High. Low. Close. 2h 2% 2% 66% 661 66% 100% 100 100 107'% 107% 107% 955 95% 95% 52% 52% 524 661 66% 66% 1 86 21 100 100% 100% 100% 99% 99% 99% 108% 1083 108'5 83 83 83 - 10314 103% 10315 105% 105% 105% 103% 104 27% 2% 27% 2% u 106% 106% 1095 109% 109'%5 102 92% 27» 27'/L 108% 104% 63% 895, 5% 9% 9 104% 6354 89% 56 10% 9% 1001 £3 97% 16% 9714 16% 25'y 9814 61y 101‘- 74 | Texas Corp 3s 65 474 26'y 5 1041 101% 1014 12% 1 13% 23 4 47 52% 6314 7213 108% 74 | West Penn P 1st 55 6: | West Shore 1at 45 2361. 97' 83 861 934 9T 104% 109 881y, 5214 535 111 106w Zlh 5213 534 111 106% 40 11‘ i 2 301 10% 3% sions of the new price control law | January parity High. Low. Clore. Philadelphia Co 4%s 61. 104 103% 103% - 102% 102% 102% 110 110 26% 26% PhilaRC&Ir 6349 Philippine Ry 45 37. Phillips Pet 1% 51 . 120% 120% 102 102 108% 1084 1031 103 Pitts & W Va 4%3 59 B._. Pitts& W Va 4%360C. Portland Gen E 45 60._. Pub Sve Nor Ill 3%s 68_ Reading Jer C 4s 51 Reading R 4%s 97 A Reading R 4%s 97 B B1% Remingtn Rand 3%s 56 99% Republic Steel 433 56 103% RioGr W 1st 4539 _ Rio Gr W col 4549 A Rutland RR 4%as 41 Saguenay Pw 445 06___ StLIMSR&G4s33 StL Pac&Northwn 5s 48 St L San Fr 4550 A St L San Pr4%s 78 StLSan Pr5s50 B 8t L San Fr 55 50 B ctfs. 109' 3% 814 1034 4T 1914 % 95% 14‘ H' Beaboard Alr Line 4850 164 Seaboard AL 4550 stp_. 15 e 65 Seaboard A L ad) 5s m Seaboard A L con Seaboard A L 6s 45 Gl — Seabd A L Fla 6s 35 A ct. | Sea AL Fla 6535 Betts_ | Shell Un 011 2%s 61 Stock Prices Follow Irregular Course; Trading Slow Many Leaders Near Standstill in Slightly Lower Territory By VICTOR EUBANK, Associated Press Pinancisl Writer. NEW YORK, Jan. 30.—The buy- | ing urge almost was at zero in toe | day’s stock market and, while as= 4 | sorted favorites managed to post i i modest gains, numerous leaders virs | tually were at a standstil in | slightly lower territory. The trend route was cloudy at the start and, with frequent blackouts along the way, price changes of fractions to a point or so in either direction made for a definitely ire regular close. It was another one of the most ' | sluggish sessions since last October, transfers running in the neighbor= hood of 400,000 shares. Wall Street seemed a bit pessimis- tic anent the war news, the consen» sus being that the threat to Singa« pore and British reverses in Africa at least offset the success of Ameri- can-Dutch forces in sinking a large | skey 0113550 _ Socony Vac 3s 64 _ |BoRell T&T 879 _ Southern Pacific 3%s | Southn Pacific col 45 49 | Southn Pac col 45 49 r& . } Southn Pacific ref 4s 55 | Southn Pacific 415 68_ | Southn Pacific 4%as 69_. | Southn Pacific 4'4s 81 . | So Pacific Orez 4%s 77_. 8o Pacific S F Tel 45 50 Southerr. Ratway 45 58 Southern Railway 55 94 . Soutnern Ry gen 65 56 Southern Ry 6%28 56. SW Bell Tel 35 68 C__ SW Bell Tel 3%5 64— _ Stand Oll of Cal 3%s 66 Stand Ol N J 2%s 53 Stand Oil N J 3s 61 | Studebaker cv 65 45 _ | Buperior O1l 3128 56 . Ter RR As St L 45 53 Texarkana 5%2s 50 ‘Texas Corp 3s 59 6015 5Ty 674 86 651y 911y 8615 9% - 10515 1107 1021, 10474 - 104% 1081, 103 109% 91 6 65 91 6 90% 105 110% 102 104% 10415 10814 103 109% 9015 105% ](L)‘v 1107 102 1041 | 104% 1081 103 109% 105% 105 671 6615 67 1015 10 Texas & Pacific 58 77 B _ | Texas & Pacific5579C. 67 | Texas & Pacific 5s80D_ 67 | Tex & Pac 1st 552000 - 101% Tex& PMP T 5%s 64 10313 Third Avenue 4s 60 Third Avenue 1st 55 37_ ‘Third Avenue ad) 55 60. ‘ Union Elec Mo 3%s 71_ | Un Ol (Calif) 3s 59 | Unton Pacific a8 70 Union Pacific 3'28 80 Union Pacific 1st 4s 4° United Cgr W Strs 55 52 | United Drug 5 53. U S Steel 1.955 48 U 8 Steel 2.65 United Stockyds 4’4! 51 | Utah L& T5s 44 Utah Power & L 55 44 | Wabash 4571 w. | Wabash gen 45 81 | Wabash 4145 91 w1, Wabash 1st 5539 ct_ Webash 2d 55 39 ‘Wabash 2d 5s 39 et. Wabash 5%s 75 Wabash 5%8 75 ct asd | Walworth 4s 55 ‘Warner Bros 6s 48 Warren Bros 6s 41 Westchester L 58 50 674 - 100% 18 109% l(>0'4 17% 1011 96% 104 0 100 - 103% 9513 100% 100 7675 Western Md 1st 45 52 | Western Md 5%s 77 West Pac 55 46 A * | Western Pac 55 46 A asd | Western Union 4148 50 | Western Union 55 80 Westinghse Elee Wheeling Steel 3128 66. | Wilson & Co 48 55 Wis Cent 15t gn 45 49._ | WisCS&DT4s38. | wiscs&DT4s36 et Wis El Pw 3148 68__ 1094 Yestwn 8 & T 315 60 99% 9914 Youngstown S & T 45 48. 1011 101 101% Chlcago Grain By the Ascociated Press. CHICAGO. Jan. 30.—Grain and | soybeans advanced in early trad- | ing here today but then gave up | much or a2l of the gains following ! the President’s statement express- ing dissatisfaction with the provi-| 281, s!' which would permit farm prices to 2“_ | rise to 110 per cent of parity. 41 108’/. 1087 /| 107 103% ey 103 103 112% 112% 105% 105% 86% 86% 101 101% % 108% 108% 4 111'% 111% 10744 107% 99% 99% 4 105 105% 102% 102% 107 107% 4 105% 105% 88 884 9374 93% 109% 109% 997% 99% 99y 99% 104% 104% 111 111 111 46% 46 46 6% 6% 6% 60'a 60% 60% 61% 61% 61% 69% 69% 69% 105% 1056% 1056% « | to 'g higher; rye, 15 Early gains of about 3 cents a bushel in the rye and soybeans pits and smaller advances in other| cereals reflected upward revision of | parity prices which are the basis | upon which price control “ceilings would be figured. Some selling of wheat was attributed to uncertainty about the Commodity Credit Corp. selling price for the first half of Feb- ruary, to be announced soen. Wheat closed !3-% higher than yesterda May, $131%5 July, $1.32% 3 s higher May, | 88%5-34: July, 90%-14; oats, Y4 lower 1' up; May, 873;-1.; soybeans, 13-% higher. | sSoybeans, selling as high as $2.05%% for July delivery early in the day, | reached new, all-time peaks. Open. High. Low. Close T313 1. 1310 1234 03, 017 | 9 ) y- sample n- mi 1805 grade’ yellow. dredweight o ¥ red clovn. 16.00-18.007 sweer clover, 8:50- Baltimore Stocks Special Dispatch to The Star. BALTIMORE. Jan. 30.— High. T0 Baito Transit ptd 5% 20 East Sug pt VT 49 28 Fdellty s Deposit 112 10 Merch & Miner: 230 New “Amster Ca 75 445U S Pidel & Guar "5% 25 $5000 Balto Tr_bs 3000 Brmance: Co.Am 48 103 m'"h mzx/. 600 ACL Conn 5% ctfs 90 Close. Low. g‘/c 5‘/4 Commodlty Prices NEW Y¢ Jan. 30.—The Aswcllled Press. ilhled wholesale price index of 35 mmmbdluu today advanced to 97. Previous e month ago, Hflh 7036 Lot1026 averare eauais 100 Odd-Lot Dealings BY the Associated Press. 1R85 purehases. involvi 1,822 les in l'lfll 011 share ciuding ™3 Shor vales” Lavolving: % 1093 | /g3 | o )-Tmrma number of Japanese ships in the far 5% | Pacific. Scant inspiration was discerned in a big batch of company summariza= | tions for 1941 showing record busi: ness in many cases but stressing the impact of mounting taxes on ulti- | mate profits. Among better share actors were Union Pacific and Coca-Cola, which | got up a point or so each at the extreme; Western Union, U. S G\p- | sum and Phelps Dodge. | Bethlehem Steel was moderately | resistant, as were Great Northern, International Harvester, Sears Roe= buck, Glenn Martin and Goodrich. | Lacking rising power were U. 8, ?| Steel, Santa Fe, Cerro De Pasco, J. 1. Case, American Can, General Electric, Texas Co., Standard Oil (N. J.), Douglas Aircraft, General | Motors and Chrysler. Bond Changes Small. The bond market hovered in & | narrow range with the trend a trifle 1‘ mixed near the final hour. Only a few issues, mostly among the less | active rails and specialties, moved more than a point either way. Among these were Boston and Maine 4!;s, Reading-Jersey Central 4s and Seaboard Air Line 4s, on the upside, and Bangor and Aroostook | convertible 4s and Pennsylvania, | Ohio and Detroit 4125, on the down- side. London Market Depressed by War News By the Associated Press. LONDON, Jan. 30.—Adverse war news drove security prices down- | ward today, but the market stead- ied toward the close at the lower levels. Chilean bonds dropped as much as two points on the conservative estimate of prospective United States-Chilean nitrate requirements | made by Lautaro Nitrate Co., Ltd. | Brirish government bonds closed | unchanged to a shade off. Kaffirs were marked down as a precautionary measure, while trad- ers awaited word from Cape Town | regarding the extent of this week's damage to Rand power lines. Industrials on the whole were slightly lower. Domestic rails slipped a notch, while oils moved evenly. New York Cotfon By the Associated Press. NEW YORK, Jan. 30.—Inspired by an upward revision in mid- prices, trade and Wall street interests bought suffi- | cient cotton to move prlces up as much as $1.10 a bale early today. | On the upturn. however, buyers showed more caution and the mar- ket later lost a good part of its gains when commission house and | local selling followed the President’s expression of dissatisfaction over farm provisions in the price control bill. Late prices were 25 to 60 cents a bale higher; March, 19.00; July, 119.23, and December. 19.25. | Cottonseed Ol (Bleachable cottonseed oil futures closed ged. Sales, © contracts. Marchy 15950: Mey. 19.08b. b Bid. [ New Orleans Prices. NEW ORLEANS, Jan. 30 (® —Mill price fixing and an increasc of 24 points in the Government parity price to 18 cents & pound from 17.86 rzised the value of col Fon Tutures here (oday. Closing Prices were steady, 3 to 9 points net nigher. Open. H May July October December | Fanuary - 5 | i ionséed ol closed dullBleachable mmer. yellow. unqioted; prime 50b. March. 13.58b: May, 13.595; ;. September, 13.50. . "n Nominal .| Chicago Livestock CHICAGO. Jan. 30 (# (United Emu Derartment of Agriculture) —Salable I 10.000; total. 14,000 active throven 10-25 higher: bulk 1935 Betvera "cheree 3 ing 185-215 pounds, 12.05-10; most_160-17( pounds, 11.50-90 360-500-pound sows, 11.15-65: weights down from 11.00. Salable sheep. 4.000; total. 6.500: lsts Light and handy weight fed lambs active, fully steady: weightier kinds and _some with less finish dr steady: fat yearlings steady: ios Jat Bative ew. 12,61 extreme 5 12 ful : No. 1 pelts. Bound fed Tange ewes. 83 Bldding, 1 lower or around 12.25 0 choice fed lambs, held steady or upwa 0: few small lots choice fat ewes at 6.75 and 6.85. Salable cattle, 1500; calves, 300: pedz eak market on red eers uA most _medium wrade d yearlings at new lfl' for weel upturn scored early in_week naw practically ~erased; lareely | 104512 ade wit strictl; 7 ggod, and chol Kiilers. & sza 0,80, these tending unevents et 1 t week: dressed 0 e e f‘.’?fi er. ; three loads 1.600-1,650< steady to weak: weighty cutters, 800 down: no reliable outlct for ul Sery Jitile wmn- & aboy at 12.00-14.00, with * Chicago Produce CHICAGO. Jan. 30 (M.—-Poultry. live i hens. 5 pounds ‘an poultry, steads: wm A grade. under 18 pounds. 2 pounds and over, 29%: other prices e R ier—Receipts, _ 554,340: _stead S