Arizona Republic from Phoenix, Arizona on February 18, 1941 · Page 29
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Arizona Republic from Phoenix, Arizona · Page 29

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Tuesday, February 18, 1941
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Telephone 3-1111 MAR] Arizona Republic, PKoenig, Tuesday Morning, February 18,1941 (Section Two) Page Fif» Steels, Rails Take Lead In Procession NEW YORK, Feb. 17—(AP)— stock market continued its rreepins rally today with leaders Peking on gains of fractions to a joint or so. *Best prices were seen in the .orenoon. Steels and rails edged ionvard at the start and bidding Acme Stl 4 Adams Exp .40e Air Reduction la 10 Alaska Juneau % 3 Alleghany Corp 5 Alleghany pf xw 2 Allegheny pf $30 ww 2 Mlegh Lud Stl l%e 3 tame into other departments. Trends faltered in the final hour aid many issues closed well under The Associated Press average of stocks held a net advance of -.2 a point at 40.3. Transfers of 356,720 shares smallest for a September Ib. . r . rtio T were among the full session since They compared 933,740 last Friday when quotations took their sharpest iose-dive since November 6. Stimulating news, on the whole, was lacking and such buying as rapped U P was attributed mainly the belief of analysts that the 'en"triy decline which last week jut" numerous stocks to around heir lows of last June entitled the market to at least a fair-sized technical comeback. Lack of interest in the day's pro- teedings was exemplified by the *rt that only 661 individual is-, . .. .. _.., „ , JPS were traded, or just about!£<<* -ns^s F.ie alf those listed in_the_stock ex- At j Refimns CONTINUES RALLY IN LIGHT TRADINff Stock Prices On New York Exchange Followtag: mm closing quotation, .t 3 p. m. Eastern standard Time received over Associated Press-Arison. Republic leasedjrtreis ruSLmttaA~'E%! t i a "' m i-f ttt V 1 " ""*• ta «*• following; table an annual disbursements based on th aSSPxnSSSM?Ji Cnles» otherwise noted special or extra dividend, an not Included. , . nois. XD—Ex-dividend. XR—Ex-rights, •—Alfoextra or extras, d—Cash or stock, e—Paid last year, g—Declared or paid so far this year. h-PajablilnCanaduS^fondsrk^-A\:cun)ulated dividend paid stock, j-ear. +—Unit of tradlni 10 shares. A Sales ID Hds. HlEb 2 45 1 5% 10 37% 3 4% 6« 714 20% Al Chem & Dye 6a 4 147 Allied Strs Allis-Ch Mfg l% e Amerada Corp 2 Am Airlines le Am Can 4 Am Car & Fdy Am Car & F pf Am Colortype %e Am Coml Alco Am Crystal Sue \it Am Encaus - b - •** * F Am Hide & Leather Am Locomotive Am Metal lig Am Pow & Lt '^5k 1 5% 29% 45 4314 S314 2514 57* Low 45 554 37 It 4% A. 5% 7% 20% 145 5*4 29% 45 43 S3 4% 8 8 3 3 Am -P i L S6 pf ITik 1 Am P i I. S5 pf 1.56k 5 Am Had & St S .40e 17 Am Roll Mill ye Am Saf Raz .80 Am Smelt & R Am Stl Fdrs i.ig Am Sugar Ref V Am Tel & Tel 9 Am Tob B 5 Am Type Fdrs Am Wat Wks Am Woolen Am Zinc L & S Anaconda 2e Arm 111 Arm 111 pr pf Armstrong Cork Artloqm Corp 20 2 3 3 3 1% 15% 3% 12% 16% 2Vi 39% 33 6% 12% 6% 39'i 22%13% 12% 16% 2% 39% 32% 6 12% 6 39 22% 13% Close 45 5«4 3754 4% 6$ 7% 2054 147 5% 295i 45 4354 S3 24 ?i 5754 8 4% 58 155i 35» 1254 1654 3954 33 6 12 >i H Sales In Harb-XValker Kg H "l " Jayes Mfg 5 lecker Prod .60 10 ferrules Powder 2.85e 3 Hercules Pow pf 6 lomestake Min 454 loud-Hershey Vig louston Oil Jowe Sound 3 ludson BM&S Me ludson Motor Hupp Motor 2254 1354 16 159T4 159% 159% change. Of the total, 302 were up, 177 down and 182 unchanged. The war and tax fears, brokers said still were the principal speculative and investment handicaps. Helpful, however, railway earnings was a batch of statements 'for Atlas Tack .15g Aviation Corp Bald Loco ct Salt & Ohio Barber Asph 54 e Samsdall Oil .log 3ath Ir Wks i940 disclosing brisk improvement jver the preceding year. Steels were not especially depressed by a drop of 2 1 .i points in tiis week's mill operations. The recession had been expected ow- ' tg to shutdowns for furnace re- lirs and strikes in some districts. On the bearish side were reports ulcaria and Turkey had reached a onagprrssion accord which indi- •3tcd the latter would not enter ie conflict in the event Germany ••n.is troops into Bulgaria. Stocks emerging on the upside ,duded U. S. Steel, Bethlehem, oungstmvn Sheet, Santa Fe, real Northern, Chesapeake and hio. General Motors, Chrysler, naronda, United Aircraft, Gener- il Electric, Du Pont, Alilied Chemi- al, Sears Roebuck, International arvestor, Union Carbide and American Can. There were more advances in le bond department than losses, ommodiucs were irregular. Vheat at Chicago was off % to ! ,j cents a bushel and corn % to W lower. Cotton was unchanged to up 15 cents a bale. In the curb, Heyden Chemical pt up 3K- points. Lesser gains were retained by American Gas, Bell Aircraft, Glen Alden Coal, Humble Oil, Niagara Hudson Pow- r and Cities Service. Colts Pat- nt Fire Arms slipped, along with Electric Bond and Share, Venezue- m Petroleum and Pittsburgh Plate Glass. Volume here was around 86,000 shares versus 196,00 in the previous 5-hour session. Beatrice Cream la Belding-Hem .80 Bendix Aviat Ig Bencf Ind Ln I.SSe Best & Co 1.60a Beth Steel 15ig Beth Steel pf 7 Bigelow-Sanf lg Black & Decker la B!aw-Knox 5i o Boeing Airplane Bohn Al & B 54g Borden Co .30g Bore-Warner .40g 2 2 10 12 12 40 13 Mg 4 K 2 z 4 17 11 3 19 1 23 34 SH 5% 2354 4* 52 29^ 4% 21 1454 22 654 14 H 354 S'i S54 • 34™ 5% 5% 6% 22% 4H 51 "4% 20'4 14'.* 21% 6% 3?i 14 'i 354 S54 S 754 33% 19% 28% 6% 68 5% 5% i* 22 . 4% 51% 29% 4% 207 14 1 / 21 > 14 5i 35_ 85i 854 217> 22 754 33% 19% 28% 2 122% 122'4 122% 2 2554 2554 1!5V4 Bridgeport Brass Briegs Mfg 25ie Bklyn-Man Tr Bkiyn Un Gas %e 1 13 8 Brunswick-Balke 5ig 1 Bucvrus-Erie -15g Budd Mfg tBudd Mlg pf Budd Wheel .20E Bullard Co 2e Bulova Watch 2a Burlinc Mills le Burr 4 4 .20 5 2 1 32 o 1 2 17 774 14 Ti 28% 19 IS 10% 20% O"B 1254 •2054 10 4 54 5% 17 7% 2SU 19 17% 20U 5% 12 20% 17 7% 34% 2854 19 17 :a Add Mach .15g Butler Bros .15s Butte Cop & Zinc Byers (A M) Co C Calif Packing 1 Callahan Z-Lead Calumet & Hec le Campbell Wyant .33g Can Drv G Ale .6" Canad Pacific Case (J I) Co 3e Catcrpil Tractor 2 Celanese Corp l'.4e Ccrro de Pas IE ^ Certain-tccd Prod 1 Chcs i- Ohio 3a 12 Chi Pneu Tool 1 C R I & Pac 6<r» pf 1 Childs Co 3 Chrvsler Corp l%n 2;> Climax Molyb 1.20a 3 IfiVi 8% 3% SH '£ $ 3% 45'i 44% 23% 29 -, 39'4 10% 3 54 5H 26% 2854 1654 3% SU 17% 6 11% 12 3'.i 45 44 23% 2S% 3-i 39'.i 10 % 26' 2S1 165 7"« 454 I 2% 6% Low 2074 II 68 _ _ 68% ._ .10 126% 126% 126% Close 2074 2% 674 6854 3 1 2 3 13 4 46% 32% 16% llinols Central U Central pf • ndust Rayon 2 nger-Rand 154g Inland Steel 4 iJisplrat Copper 6 6% 1 13% 1 2354 1 100 3 SO :ntcrchem jCorp 1.60 2 2254 48"* Lnterlake Iron" tat Harvester 1.60 tnt Hvdro-Elec A int Mer Marine Int Nick Can 2 Int Paper & Pow Int Pap &.POW pf Int Tel & Tel Jewel Tea 2.40 Johns-Manville 2%e tJohns-Man pf 7 8 5 4 5 40 20 55 33 46 32 1654 354 •4 6% 1354 23H 100 7954 974 2254 8 47 7% 24 11% 59% 2% 23% 1154 58% 2 46% 11 3% 32% 16% 3% 6% 13% 23% 100 79% 10 22% 8 47 1% 7% 23% 11% 58% 2% Underwood-Ell 2Ke 1 Union Bag & P le 10 Union Carbide %g 17 tUnlon El Mo pf 5 .20 113 Union Oil Cal 1 •> Union Pacific 6 2 United Air Lines 11 United Aircraft 3%e United Carbon 3 13 " 2 -• =o 2 4 I 3 2 7 19 88 3119 U S Tobacco 1..96e 2 4054 56 .80127 K 4054 5554 12654 4054 55% 12654 Kennecott Con 2%e 26 Kresge (S S) 1.20a.4 Kress (S H) 1.60 42 Kroger Groc 54g 7 L. 3 8 37 1 1 1 3 2 Lambert Co %g Lehman Corp 1 Lib-O-F GI 3'je Libhy, McN & L %e Liggett & Myers 4a Liggett i My B 4a Lima Locomotive Link Belt 1 Lion Oil Ref 1 Liquid Carbonic la Lockheed Airc l%e Locw's Inc 2a Loft Inc %e Lone Star Cem 3a Loose Wil Biscuit % LorUlard P 1.20 Mack Trucks l%e Marine Midi .10g Marshall Field .40 Martin <GL) Martin-Parrs- 2 M 2 17 5 Co 2e 10 6 3254 2254 2354 25 V4 35% 5?4 89 90 23^ 3354 10 15 2154 31% 25H 37 14 18 5i I s 12 20 J4 35% 5% 89 90 23% 33% 9% 15 21% 30» 14% 36% 14 18% 26% 26 Mathieson Alk 154 May Dept Stores 3 McCrory Stors la McGraw Elec la McKcss & Rob McKess & Rob pf Mengel Co Mesta Machine 54g Miami Cooper .45e Mid-Cont Pet .80e Midland SU Prod 54s Minn-Honey Reg 2a Mo-Kan-Texas Mo-Kan-Texas pf Mohawk Carpet 54 K Monsanto Chem 3e Mont com Ward" 54 g Motor Products le Murray Corp lie Cluett Pcabody 2%e Coca-Cola 5e Colgate Palm P 54 a is & Aik 254K Xd2 What Stocks Did Advances Jeclincs .'nrhanred Total issues lew 3941 hichs Snv 1D41 lows Monday Saturday :olgal Colum" Breast B ".45g 3 Colum G & El .10B ~ Colum Pict Coml Credit 3 Coml Invest Tr 4 Coml Solvents 5ia Comwlth & South Com & South pf 3 Comwlth Edis 3.80 302 177 382 661 99 262 205 206 673 0 197 Sft fhanse Monday Previous (iay Jlonlh * co Vfar nco AMOcialed Press Avc 30 15 Indutt Rails n;e A .4 5fi.fi »0 hich 61.fi 71.8 63.9 55.8 74.2 5J.3 A .1 15.6 35.5 37.0 1S.9 37.7 35.4 20.5 33.0 15 fill S A.I 33.0 32.9 35.1 35!b 32.9 40.6 30.9 m. 29 91% 11% 26 19 4% 4-i 29 % B4H 27 U 91 . 37. 4 "i 2!)'- 35'i 2ST4 24 49 »i Consol Aircr 2e Consol Cigar l-;ie Cons Copncrmin 54e 6 6 Cons Edison 2 38 .1;. Consol Oil 54g 26 Consoln Coal o Container Corp ^ig 2 Cont Bak A 1 Cont Bak B Cont Can 2e 37.0 low iO-STOCK KANGE SINCE 192 _ 193S-H9 1932-37 1921-29 54.7 75.3 157.7 33.7 16.9 61.8 Inds 31 Rails jj t'tils •i 1 " 1 Bnnris Pitw-Jnnes Averages Own High Ixiw Clone ChgR. ' IP Or, 110 73 I1K.70 119.18 '0.63 "B S7 "K.P6 2(i.74 2K.79 -n.14 - IIP i 0.31 railroads 10 Sccoml-criu-ie railroads 1" Public utilities 10 Industrials '-I'D. 1— Off. Transactions 19.04 40.32 S9.S5 f!4.35 4S.BS 108.97 107.10 0.119 0.23 0.04 •0.34 •0.12 •0.02 Industrials Railroads I'tilitirs » Stocks ... storks used in averages: Today Saturday Friday 4!1 Krin 52,300 305.200 •" 5ftO 2n,3no «6.600 37 000 3S.:iOO 58.000 9H/JOO 95.900 22a,SOO S-lanrtnrd SlaUstlcd .'U Average Equals 100) Siturdav ««k acr, ^'"r.th nco Var aco :°41 hich 1941 low _ Bondu Trnav Salurd&v \Vepk nco fcnth aco icar acn 3W1 hirti 1W1 lo so lnd«. !>:!'. l inb.d 310.3 in., s 20 Indl. i-P.SX X-Nre 3941 low. ST. 4 nn.7 S9.9 20 JtnJIn "o ri 31.2 sn.B 27.3 20 Rails 61-K fil.fi H3.5 B4.4 S79 65.4 61.6 20 1'tlK 50'j S2.5 55.3 70.0 55.9 50.4 20 I'tlli 100.9 ino.7 301.1 101.2 ini.7 101.5 100.6 no Stork* 7R.~ 76.2 80.15 S3.5 Bonds S4.1 S4.1 S4.S 85.4 (C.? S5.9 S4.1 Sugar Quotations KE\V YORK. Feb. 17—(API—World tear futures row IV- to 3'.« points today Considerable buying was attributed to fears i-,at a spread ni war to the Far EB 4 1 1 24 8 13 3 *^i! 3 6 3? 5 Cont Diam Fib 1 Cont Ins 1.60a Cont Motors Cont Oil Del 1 Corn Products 3 Coty Inc %c Crane Co .SOe Crown Cork & S Crown Zcllerbach Crucible Steel Cuban-Am Sugar Curtis Publishg Curtis Pub pr pf Curtiss-Wright Vie Curtiss-Wr A 2 Cutler-Hammer I'.ze i D Deere & Co Hie 7 Deere & Co pf 1.40 2 )cl & Hudson S Jel Lack & West 3 Jiamond Match %« 1 3iam Match pf IVi 2 )ist Corp-Seac h2.22 7 Some Mines h2 1 Jouelas Aircraft 5e 6 5nw Chem 3 Jrcsser MfR 2e - - ' dc N 1%S-, 10 E Eastern Air L Eastman Kodak 6 Ei Auto-Lite 3 Boat .60e 5% 3 33 S 36'i 35=4 354 18 H. 23 5i 13 38 »1 3% 26 1754 21 2Ti 13 S 36' 7% 3* IR'i 44 s . 3'i 3fi'i 23% 37;« i% 33 7H 25% 17% 1754 654 1154 12 3>i 455* 44 23'i 28 H 37i 38 ! i 1054 275i -'Svi 91 1154 23 "i 18 7 i 45i " 28 >4 23% 32Ji 21 U 271 13 S « SR'i 7% 35^. 35s IS', 44 s * 3Ti 16'. 23% 13 1454 23 •» S*i 2554 49 * 14 2254 354 25 754 14% 14* 137* 23% S% 2554 49% 2254 354 2474 7% 14 31' 42 J 31% 22 23 25% 12 20% 35% 5% 89 90 23% 33% 9% 15 21% 31% 14% 37 14 18% 26% 4% 14% 23% SH 25% 49% 14 22% 3H 24% 3% 29 7H United Corp United Drug Unit Fruit 4 United Gas Imp .SO U S Gypsum 2a U S Indus Alco U S Leather A U S Real & Imp U S Rubber U S Rubber 1 pf U S Steel IB U S Steel pf 7 U S Tobacco 1 tUniv Pictures . V Vanadium Corp l^ e g Vick Chem 2a 2 Va-Caro Chem o Va-C Chem 6r» pf - WalTeen Co 1.60 4 Walter (H) G&W h4 1 Walworth Co 15 Ward Baking B 1 Warner Bros Pict 4 Warren Bros 2 Wesson O&S %e 1 West Auto Sup 2 1 West Union Tel le 2 Westing Air Br %g 8 West El & Mfg IB 12 Wheeling Steel 5 White Motor 11 White Rk M Sp 6 Wilson & Co 11 Woolworth F W 2.40 21 Worthington P & M 2 Wrigley W Jr 3a 1 Yeliow Tr i C l%e 7 Youngst Sh & T lUe 13 Z 4 Zenith Radio le SALES STATISTICS Active stocks Inartlves Total today Previous day Week ago Year ago Two years ago Jan. 1 to date. Year ago Two years ago Nash-Kclvinator Nat Acme le Nat Aviation %e Nat Biscuit 1.60 Nat Cash Reg 1 Nat Dairy Pr .SO Nat Dent Stores at Distillers 2 at Gypsum ,40e N 19% 27% in 38% IB'i 35% 66 3 125 2 IS 19'i 27% 9'i 2% 1% 33 26 17% 19 . ~ 3S% 1 . 15% 66 124'4 125 17T4 17?141 141 38 4 1651 1554 65 5i 5 2B% 25% 25 1 127 l->7 127 6 2S% 27)1 22 13% 13% 2S 1354 Paso Nat Gas 2 iicott-Jobn 3 * Pub Service g?-C.n-0 R 2.30e Fairbanks Morse Fed Mot Truck Firestone T & R First Nat Strs 2 % Flintkote le .30e 3 5 7 F ' % C 1 %E 2 1 riiiiuvuit JL _ Food Machinery 1.60e 1 Foster Wheeler Freeport Sulph 2 G 24'-2 2R'4 39% 5 25% 36'4 39 '4 12% 27% 14 34 !4 • 26V 39% 3954 4", 25% 25V 37 2% 1SV4 39'» 12% 27% 13% 34 37. 165 39'.. 12', 275 14' 345, . Far East ^ — shipments of sugar. Sales S.fSO tons. March closed .6914B, Ma> t3R The dnmcstir list improved on a stead> fa" 1 market. The finish was up 2 to . joints with distant deliveries at new high 'or !hc toason. Turnover totaled 12.JUI tons. Of'crincs of raws w-cre fairly large bu trnlv held at s Oft to 3.05 cents a pound. Helmed locally held at 4.45 cents a pound „>:"• :< rlow follows: March 2.0nB: Ma\ !lf«: Julv -.MSB- September 2.19B; Janu ««• ~20B. B-Bid. Foreign Exchange NEW YORK. Kcb. 17—(API—The Hon MM , dollar row- 1,10 cent and tn S-ar.i!h6i dollar 3,20 cent to the year's to Karket" Xiay ln thc Iree tarcisa cxchang Both units have been thrusting lorwarc JcJlar"* '" rclation lo the United State Money brokers termed the move as prl S°n?' f*™lative and only a minor chec In the lone-term flow of far-eastern biU- .'o ihe X'nitcd States which started Canadian dollar 'utepped out of its imtlT.u"' 1 '- a J um P ot 1% cents. Dealers »°>«i that in the present thin market, fte gte was sensitive to what would normallj w considered small business. j Cosine rates follow (Great Britain in »ilan. others in cents): . _. Canada—Official Canadian control board S2'°r t. s. dollars: buying 10 per cent jwrnium. selling 11 per cent premium. «uiyalcnt lo discounts on Canadian dollars 2. cm* 01 * "f buvtng 9.91 per cent, sell- M9.09 per cent. Canadian dollar In New ssft, ?!*" market 15 per cent discount or W :<*J U. s. cents ws-Great Britain, official (bankers exchange committee rates), buying . selling 54.04; open market, cables '•*: Germany 40.05N: (benevolent) >: Fmjand 2.05N: Greece .6SN Hun- AgX; Italy 5.06: Portugal 4 L 01; "" America—Argentine official^ 29.77: Gabriel Co A 1 Gen Am Invest .15e 1 Gen Am Trans 3e 4 Gen Baking .60 5 Gen Cable tGcn Cigar pf 7 Gen Elec I.SSe Gen Foods 2 Gen Motors %C Gen Out Advert Gen Ry Signal %< Cen Refract Hie Gillette Saf R Gimbel Bros Glidden Co le Gobc! Adolf Gocbel Br«nv .20 Goodrich B F %e Goodyear T 51 2 454 50 654 4H 1 4 50 6% 4 1.70 128 128 " 128 60 3354 30% 3154 41 4 12 5j 24 35 4254 124 24 3% 5% 13 34% 43% 4 12 ;i *3'i 5H 12 7 i 3» 55, 13 2 at Lead 54 a "• Lt J at Pow & Lt .60 atl steel 3 at Supply at Tea 'ehi Corp Via ewmont Min l%e ' exvport Indust .30e exvpt News Ship .40g 10 Y Air Brake %g 3 Y Central R R 36 Y Chi & St L pf 6 Y Shipbuilding le 8 o Am Aviation l'4e 24 S'orth Amer Co 1.20 16 Northern Pacific 16 O Jhio Oil .45e 2 )mnibus Corp 1.20 1 His Elevator .20? 1 Jtis Steel 10 Jwens 111 Glass %g 4 P 'ac Gas &- Elec 2 15 'ackard Motor 23 *an Am Air\vays S "aram Picture .20g 35 >ark Utah Con M .10e 2 'arke Davis .40g 2 •atino Mines .60g 6 'ennev <J C) 3a 6 >cnn RR l'.ie" 25 'copies Gas LtG 3Vig 1 "etrol Corp .70e 1 'feiffer Brew 1 1 'helns Dodge VtS ~ 'hillips Pet 2 11 •itt Scr & Bolt .45e 7 'oor & Co B 3 'ressed Steel Car 3 'rocter & Gam 2a 1 Pub Svc N J 2.40 11 'oilman 5 'ure Oil ] 4e 13 Purity Bak %g 3 B 8% 6% 4tt IS 8% 17« 12% 13% 21 6T4 16 6% 56% 5% 4% 8% 25% 6% 22% 34% 12% 26 26 }3% 7 951 1554 7% 4354 26% 2vi 12% 10% 1% 26 7% 78 23 39% 6% 281,1 36% 5% 6% 9% 52% 27% 1% 14% 77% _ . 35i» 8% 8% 6% 6% 454 17% 854 36ft 12% 1354 5 20'4 674 1574 654 5654 tadio C of Am .20g ladio cv pf 354 !aiiio-Kelth-Orph leading Co 1 teming Rand .20g Reo Motors ct iepub Steel .40e Revere Copper & Br Reynolds Metals .30e Revnolds Tob B 54g Richfield Oil 54e Jafcway Stores tSafe St 51 pf St Joseph Lead •» St L San Fran p. Schenley Distill Seaboard Oil 1 Sears Roebuck 3a Sharon Stl Corp Shattuck FG .40 12 S 3a 6 10% 4H 57% 3'i 12% 8% 1% 17% 8% 10% 32% 25% 6U 21% 33% 12 U 25% 25% 13% 15 5% 6TS 9U 42% 2574 2% 1254 1054 1H 25% 77* 22% .3954 7* 28 3654 5% 654 9% 52% 2754 23 5i 1054 4S 17% 854 37 12% 1354 5 21 674 16, ; 5S54 5Vi 454 8% 25% 6'4 23% 3354 1254 25% 25 5^ 135. 15 5% iange le leaied wires: last quarterly f— Payable tat declared this leh Low Cloi« a* 31M 31H 0% 10% 10% •2% 61% 61% 3 113 113 3V1 13U 13% 6% 7654 7654 3 1254 12% gt£ 35 35 7% 47?; 47% l',i 1% Hi 3)4 3?4 3% 3% 63 63 8% 8% S% 2 62 62 2% 22 22 6% 614 614 IVi 1% 1% 9 18% 18% 12% 82 82 58% 57'.4 57% 9% 119% 119% 28% 28% 28% 3934 139% 139% 27% 27 27 42% 42% 42% 2% 2 2 20 20 20 20% 20% 20% 26% 26% 26% 4% 4% 4% 3* 2'4 2% ntf wtt 178 25U 25% 25Vi 1954 19% 19% 19>i 19% 19% 92% 91 91% 26 25% 25% 13% 13 13'i 5'i 5li SU 4% 4% 4'/ 30% 3044 30% 17% 17% 17% 70 70 70 13% 13% 13V 33H 33 Vi 33 b 13 12% 12Ts STICS 511 351,60 5,12 356,72( 404,03 294,01 69*184 18,924,35 *>4, 698,14 34,581,70 Tlfll*r UUl % • V ' 1 ashec Metal Market •MEW YORK, Feb. 17— (AP)— *' Copper steady; electrolythi spot Connecticut valley, 12.00; f . m. s. New York 10.60-12.00. Tin firm; spot and near-by 51.87%; forward 51.00. Lead firm; spot New York 5.65-5.70; forward 5.50. Zinc firm; East j St. Louis spot and forward 7.25. ' Pig iron quiet; No. 2 f. o. b. ; Eastern Pennsylvania, 24.00; Buffalo, 23.00; Alabama, 19.38. Aluminum, virgin 99 per cent 17.00. Antimony, Chinese, spot 16.50. Quicksilver 171.00-172.00. Platinum, pure 86.00. Chinese wolframite, duty paid, 25.0026.00. Domestic scheelite, 24.00. New York Curb Stock And Bond Prices XD — Ex-dlvldend. EX— First sale since ex-dlvldend date or dmtes. XR — Ex-rights, a — Also extra- or extrai. b — Including extra or extras, c — Declared or paid so far this year, f — Payable In stock. E — Paid this year; no regular rate, h— Cash or stock, k— Accumulated llv. paid this yeai. ar— Under rules, ww — With warrants. Sales In Hds. High Low Close Aero Supply B 2 5% 5% 5% Am Cit P & L B 4 A A A Am Cyan B 14 31% 31% 31*, Am Gas & El 3 29% 29 23% Am Light & Tr 1 11% 11% 11% Am Maracaibo 1 A A iV Am Superpow. 2 A . A A Ark Nat aGs A 1 1% 1% 1% Asso G & El A 11 % A % All Cst Line Co .50 18% 18% 18% Auburta Cen Mfg 6 3% 3% 3% Aviation & Tran 11 3% 3% 3% Babcock & Wil 1 25% 23% 25% Baldwin Loco war 4 4% 4% 4% Barium Sta Stl 10 1 1 1 Bell Airc 1 19% 19% 19% Berk & Gay Turn 4 % % % Bliss E W 4 14% 14% 14% Bunk Hill & S 1 11% 11% 11% Carlb Syn 21% 1% 1% Carrier Corp 1 8% 8% 8% Cen St El 2 A, A A Chi Flex Shaft 1 69 68 69 Cities Service 17 3T4 3% 3T4 Cities Service pi 4 51 50 SO Colum G & E r/t .30 55% 53% 53% Colum O & G 5 1% 1% 1% Cons Stl Corp 9 5% 5% 5% Cont Roll & SU 2 6% 6 7 /k 6% Cosden Petro 14 % H % Creole Pet 1 13 13 13 Crown Drug 3' 1 1 1 Eagle PichT-d 1 8T4 8% 8% El Bond & Sh 16 3Vi 3% 3% El Bond & Sh pt S 63% 62 62 Fairchild Av 1888 Ford M Can A 1 9T4 9'/» 9% Glen Aid Coal 8 8% 8% 8% Gt All & P nv .50 99% 99% 99% Hecla Min 1 574 5*/4 S'A Rolling Gold 1 8% 8% 8% Humble Oil 4 54% 54% 54% Imp Oil Ltd 1 6% 654 o% Ins Co N Am .50 65 65 65 Int Pap & Pow war 2 1% 1% 1% ss,.™ ™ * M ,?» i?a 6'i 9Vi 1554 7% 43 26 2% 1254 1054 1% 26 3954 28 4 57% ,V,i 12-(» S'i 154 1754 854 1054 3254 7% 654 9% 52% 27-% 2351 1054 57% 12% 854 154 17% 8% Shell Union Oil Simmons Co 2e Skelly Oil l"ie Jnider Pack 1 Socony-Vacuum \x Sou Cal Edisoa l%a Southern Pacific Southern Ry Southern Ry pf Sparks Withington Spcrry Corp 2e Spiegel Inc .15g Square D Co 2.80e Stand Brands .40a . Std G & E $4 pf Stand Oil Cal 1 Stand Oil Ind 1 Stand Oil N J la Sterling Prod 3.80 Stone & Web Vie Studebaker Corp Sunshine Mng 1.60 Superior Oil .30e Swift £ Co 1.20a Telautograph .05g Tenn Corp *»S Texas Corp 2 5 12 "'I 2 2 35 %e % 9!i 13% 70 31 4:4 11 17% 13% 14% SH 25'4 10 20% Texas Gulf Prod .20e 2 Texas Gulf Sulph 2a 5 Tex Pac C & O .40 1 Tex Pac I Trust .10e 2 Thermoid Co 4 Thompson Prod 5?g 1 Tide Wat A Oil .60 4 Tide W A O pf 45j 1 Tlmken-Det Ax 35ie 19 Timken R B 54 g xd27 Transamerica 54 - rrans & West Air 4 Truax-Traer C 54e 1 TNrent C-Fox F 16 554 32 654 254 18% 26 3454 58 6% 111 354 S 3574 274 3554 554 374 4% £9'4 954 99 29 41 4% 1354 454 654 «9':4 11 474 11 17% 19% 14% 8% 3254 554 32 6 2% 3SH 3S54 38 H 9% 13H 69% 11 4T4 10'. 17% 19% 14% 8% 25% S'i 11% 20% 32% 5% 32 6 2% 18% 25-i 33% 58 6% 6% 8% 22% 3% 3554 554 374 454 29 >4 954 99 2854 39 4H 1354 454 574- CHICAGO, Feb. 17—(AP)—The world's traffic in wheat this season ending June 30 is not expected by grain experts to exceed 30 per cent of the supply in excess of actual domestic requirements now available in the four major surplus producing nations. On the basis of recent revisions in estimates of stocks held by Canada, the United States, Argentina and Australia, grainmen today placed the available surplus at almost 1,400,000,000 bushels, of which no more than a fourth should be needed for reserve. This is the surplus available after accounting for home needs, exclusive of carryover. Grain experts said the figures indicated that these four countries have enough wheat to fill domestic requirements until mid-1942, considering reduced exports because of the war and without allowing for new crops during that period. On the other hand, according to latest estimates of Broomhall, British trade authority, world wheat imports in the 1940-41 season will total only 400,000,000 to 425000,000 bushels compared with well above 500,000,000 annually before war broke out. U. S. exports of wheat and flour the first six months of the season were estimated at slightly less than 20,000,000 bushels compared with 32,000,000 a year ago. Grainmen said the record-breaking aggregate surplus in these countries explains to a large extent why far-reaching price-supporting programs have been put nto effect in each and why important changes are being contemp- ated to meet new conditions brought on by the war. These plans range from outright government guarantee and purchase of grain from farmers to proposals for limiting acreage and controlling marketing on a greater scope than now is being practiced. Carryover of old wheat amounted to approximately 300,000,000 bushels in Canada, 284,000,000 in the U. S.. ,60,000,000 in Australia and an insignificant amount in Argentina. To this was added a 550,000,000 bushel crop in Canada, 816,000,000 in the U. S., 83,000,000 Jones & Lau SU Kingston Prod Lehigh C & N Lone Star Gas long Is Ltg 2754 long I! Molybdi enum Mt City Cop Mount Prod Nat Bellas He» Nat Fuel G Nat Rub Mch Nat Tun & Mines N J Zinc Niag Hud Pow Nor Am Lt & Pow Pac G & E pf it Pantepec — "- Pennroad Phila Co Pioneer Gold Pitney Bowes Pitts Pi Gl Republic Avia St. Regis Pap Shenvin Wms So C Ed B pf South P.oyal St Oil Ky St Oil Ohio pf El Pow & Lt Sterling Inc Eunray Oil Tob Prod Ex Tubize Chat Unit Lt & Pow A United Stores Utah P&L pt Wright Harg 34 58 6H 6% 854 35% 35% 3Ti 4% 2a% 9% 99 28% 39 4% 13% 4% 6 Grain Sinks To Low Level CHICAGO, Feb. 17—(AP)—Fall- Ing, fractions to a cent a bushel, grain futures prices here today sank to the lowest levels -for the past few months in all trading pits. Wheat closed %-lH lower than Saturday, May 78-78%, lowest since last September 21, July 73&-7S and September 73%-H, lowest of the season. Corn was %-!% down, May 59% and July 59%, lowest since last In December; oats % off, lowest since early in November; rye %-l off, lowest- since December; and soybeans !%-!% down, lowest since December. Lard closed unchanged to 5 lower. Liquidation and short selling which spread over the market was attributed to uncertainty regarding the international situation, with war threats in the Pacific and Balkans as well as the shipping toll and fears of an attack on England unsettling trade sentiment. A slight expansion in wheat receipts at some terminals ana sluggish flour demand also influenced sentiment. Independen weakness of corn early in the ses sion spread into other pits. Wheat tried to advance at th opening in sympathy with firm ness of securities, gaining as much as % cent in early dealings, bu this rally faded quickly. Receipt at the 12 principal interior terminals totaled 575,000 bushel compared with 423,000 a week age and 649,000 a year ago, and trad ers said this apparently reflected increased country movement in some localities. Receipts here to taled 41 cars, with spot prices oil %-l cent. Increased flow of grain overseas from North America was shown in the weekly report of world ship ments. North American export totaled 4,667,000 bushels compar ed with 3,133,000 the previou week and 4,425,000 a year ago. Thi included 4,244,000 bushels from Canada and 433,000 from the U. S The Pacific coast shipped 100,00 bushels of U. S. flour to Chin last week and there was concern in some quarters that any out break of hostilities in the Pacifi might interfere with this busmes with the Orient and Philippines. Weakness of corn was attribute to selling from commission house and professional dealers. Receipt totaled 179 cars but bookings to ar rive were only 33,000 bushels an sales 20,000 bushels. Traders ex pressed belief lower temperature may help country movement an drying out of cribbed grain. Som dealers regarded the price sprea between wheat and corn as to narrow. , Oats and rye selling was largel in sympathy with the action o corn and wheat and demand was New York Bonds New York Stock Exchange NEW YORK. Feb. 17-(AP)—The .bond arket developed numerout case* of in- vidual strength today but waj nandi- poed in rallying period" by softness to . sT governments and a group of high- The r < auS 0 d?d e better than others, advanc- small fractions to more than a point on its and itinoed „ found a following. Backward tendencies to governmj me low-yield corporation bond* el. -e trend to effect for more than a week, "reasury loans lost up to 114 JS tats J on ,, ex : emely light offerings and while declines the top ranking corporate "— ostiy fractional, net results — _ , as a drop to a new 1941 low for thi ategory in the Associated Press averages. otai sales of S4.295.175, par value, were he smallest since last October and com- ared with S7.774.900 last Friday. Advancing Issues Included International eleohone 5s at 40%, Delaware and Hudson 8148%. Commonwealth Edison 3J4S at %, Atlantic Coast tine 4s at 70X and Ickel Plate.4iSs at 56%; . Losers were, among others, Walworth . Texas Corporation 3s. Southern Pacific Vis. International Paper 5e and Laclede "Sydney 5Ms dropped 754 points on a ingle sale but other foreign loans were no rorse than mixed. slow. Lard weakened in sympath with grains and hogs, with swm receipts much larger than expecte Range of prices on grain and pro visions exchange follows: CCBB DOJtESTIC BONDS Sales In $1,000 High Low Close 8 106% 106% 106% 7 46 46 46 2 111% 111 111 IS 82 Vi 81% " Ark P & L 5s 56 As El 4!is 53 Baldw L 6s 50 Cities Ser 5s 50 __ Cit S P 4- L 5Ms 49 2 ' 89% Glen Alden Coal 4s 65 9 ~" Inter Pow 5s 57 13 Nevada Cal E 5s 56 35 81% 68 'A 92 V, 89% 81% 68 90% 81% 6S 92 WHEAT: May July 'CORN: Mav July Open High Low dose .79% .74 «. .7454 . .60 .59%-54 May July .. . May May July .34% .31% .30% lYBEANS: Pen Cen P&L 454s 77 2 104% 10454 10454 Scrip Sta ipps nd 554s 43 G & E 6s 51 Stand P&L 6s 57 Starrett Corp 5s 50 Tex El S 5s 60 Unit L & P 6s 75 2 100% 100% 100% 14 77% 76% — 2 7754 77 2 2254 2254 3 106% 106% 106% 5 86 86 86 77% 7754 2254 - — West Newsp Un 6s 44 4 6454 6451 645i in Australia and Argentina. 2,368,000,000 From must 275,000,000 this total be deducted normal domestic requirements of about 126,000,000 in Canada, 105,000,000 in Argentina, 50,000,000 in Australia and 700,000,000 in the U. S. Earnings NE\V YORK. Feb. 17—(AP)—Continental Can company and wholly-owned subsidiaries reported today for 1940 net income of SS.953,632. equal to S2.S2 a share on the common stock, compared with $8,635,787, or 52.71 a share, in 1939. A reserve of 5200,000 against a decline in inventory prices or other contingencies was charged against the earnings. The Thermoid company, manufacturers of brake linings, and domestic subsidiaries reported in preliminary statement for 194U net income of S615.342. equal to S1.04 a share on the common stock, compared with 5432,304, or 65 cents a share, in 1939. Poultry And Eggs FURNISHED BY ED WELNICK AND SON JHSNEAPOLIS MINNEAPOLIS, Feb. 17—(AP)—Wheat receipts today 89 cars compared with 139 a year ago. Trading basis unchanged. Basis 1 under-3 over Minneapolis May. Quotations 154c lower. Cash: No.,^1 heavy northern 80%. " . Dark northern No. 1 79%: No. 2 ,8%: BUYING PRICES Poultry Hens white 2V4 to 3 Ibs. Hens white over 354 Ibs. Hens colored 354 to 454 Ibs. Hens colored 454 to 554 Ibs. Broilers. 1 to 154 Ibs. Fryers, white 1% to 2Vi Ibs. Fryers, white 154 to 1% Ibs. Fryers, colored 15i to 2 Ibs. Fryers, colored 2 to 254 Ibs. Fryers, colored 254 to 3 Ibs. Roasters soft-bone 3 Ibs. and over Staes Canons Guineas, young Ducks, white Pekln young. 454 Ibs. and up Ducklings, all others Geese, young Souabs over 1 Ib. each Turkeys prime No. 1 tonw Turkeys prime No. 1 hens- Turkeys. Turkeys, prime No. prime No. 2 toms 2 hens Rabbits, young 2 to 3% Ibs. Rabbits, young 3% to 454 Ibs. Rabbits, old EgRl No. 1 large white No. 1 medium No. 1 small white No. 1 laree colored No. 1 medium colored No. 1 smaU colored .12 .15 .17 .20 .18 .19 .19 .19 .21 .21 .19 .06 .20 .20 .13 .10 .15 .30 .16 .14 .U .11 .10 .13 .05 .22 .21 .18 .19 .17 J5 May July Sent. BELLIES: .43% .44% .44% 6.12 6.27-30 6.47 6.62-60 .60% .60% .59% .34% .31% .30% .92 .8SH .43% .44% .44% 6.12 6.30 6.47 6.62 .78 .73 .7354 .5954 .5954 .5874 .34 .30% .30 .90 .8654 .42 .4354 .44% 6.10 6.25 6.42 6.57 vestment demand encoura; UUUBU4U1JT KUVU. *^-*v t»..«..~- *',5|,.1^ B me ot the larger «y«tem§. A few utilities _ -ouraged by t 1940 earnCigs^wpoi Hogs, Steers TurnWeakef KANSAS Cm. Feb. 17— (USDA)—Hoglt Salable and total 3.000: slow and uneven; steady to 10 lower than Friday r too7.75: good to choice 170-270 tot. 7;«>-7Gs a few 280-325 Ibs. 7.40-8Sr 140-160 ibfc 7.15-50: sows 6.40-85. a few 7.00; itocle jgs 7.00 »»..... tattle: Salable 9,000. total 9.200: calv**. salable 1,000, total 1400; most buying Interests Eoine slow: blddlne around 25 lower BONO AVERAGES Compiled by the Associated Press 20 10 10 Balls Indust 1'ttl change A .1 D .1 A .1 VIonday 60.4 104.5 99.2 'revious day 60.3 104.6 99J. lonth ago 63.3 104.9 101.0 fear ago 57.S 102.4 96.8 941 high, 64.2 105.3 101.3 941 low 60.3 104.6 99.1 940h!gn 61.4 105.9 100.7 940 low 48.3 98.9 90.3 10 Fen. A.1 40.9 40.8 39.5 50.2 41.5 38.C LClCaiA KUUI£ BUJW. U1UUU4K SUVUUU. ™ «••»• on fed steers; feeder buyers taking many of the two-way kinds of shortfed steers: opening sales she-stock, bull* and vealer* steady; stocker and feeder classes comprls* Ing around 60 per cent of receipts. generaDjr steady; choice 943-lb. Colorado fed heifers 12.15; bulk fed steers offered medium to good grade eligible to sell 9.00-11.25: most butcher cows 6.00-7.25; choice veaiers early 12.00-50: medium to choice stockera and! feeders 8.50-11.35: two loads of light yearling stackers 11.60. Sheep: Salable 6.000; total 6,200;. sheep steady: no lambs sold early; best fed lambs) held above 10.50: good ewes 5.25. IOS ANGELES • LOS ANGLES. Feb. 17— CAP)— (Federal. State Market News Service)— Hogs: salable supply 800; strong to 10 higher than Friday: top 9.00 on 18S-213 Ib. butchers; bulk: medium to choice 170-240 Ib. avenges 8.5090; off weights down to 7.50; packing sows 6.50-7.00. Cattle: salable 1,800; fully steady: medium to good light weight fed steers 10.2511.00: common lots 9.50 down; pastured Mexicans 8.35-50: few-feeder steers 9.00-10; medium heifers 9.50 down: good fed kind* held above 10.25; cows 7.00-75: few 8.00-23; bulls 7.50-8.60: some held around 9.00. Calves: salable 250; steady: vealera Low yield Month ago 1941 high, 1940 high 10 lOW YIELD BONDS 113.2 113.9 114.6 114.6 Prev. day Year ago 1941 low 1940 low Sales In $1.000 High Low Anaconda Cop 4%s 50 2 104 „ 104 . 53.S 35.1 113.3 112.: 113.J 108.4 Close SO 53 101 10.00-13.50: top 14.00: slaughter calves 8.0010.00: some held higher i 447-lb. stock calves 11.50. Sheep: salable 300; no sales: good to choice wooled iambs lacking; quotable to around 10.75; good wooled ewes quoted tav around 6.75. Arm Del 4s 57 Arm Del 4s 55 A T & S F 4s 95 A C Line 1st 4s 52 i & O 95 st A 3 & O S W 50 St Sell T Pa 5s 48 B Sell T Pa 5s 60 C Beth Stl 3%s 65 3kly Edis 3Vis 66 :an Nat 5s 69 Oct Can Nat Ry 4%s 51 Can Nat Ry 4%* 57 Can Nor 6%s 46 Can Pac 5s 44 Can Pac 4%s Can Pac 4s pet _ _ perp Cen" N Y Pow 3%s 62 20 107* :en Pac 5s 60 46 48 Certain-td 5%s 48 1 85 C&04%s92 3 — C B & Q 4%s 77 14 C B & C 4s 58 14 Chic Gt West 4s 59 51 1 105% 10594 105% 14 10514, 105 lOSVi 19 109% 108% 109 4 74% 74% 74% 56 37«4 37 37% 9 44 43% 44 1 133 113 113 10 131% 130% 130% 6 104% 104% 104% 3 108% 108% 108% 91% 91% 1 102% 102% 102% 10 102% 102 102 2 66 66 66 6 54 53% 53% 1C6% 106% 85 85 C M S P &Pac 5s 75 70 CM & NW cv 4%s 49 13 72% 83% 32(4 6 154 S 3SS 71% 8354 31% 5% 154 8354 3254 6 154 CHICAGO CHICAGO. Feb. 17—(USDA)—SalabU hogs 19.000: total 27.000: active to aft* mostly 5-10 lower than Friday's average; spots off-more on .weights under 220 lbs.| top 8.10: bulk good to choice 180-240 Ibsw 7.85-8.05: most ^40-270 Ibs. butchers 7.7090: 270-330 Ib. averages generally 7.50-805 : good sows 400" \bs. down 7.00-2Sb _ 453-550 Ib. kinds usually 6.75-7.00. most Sala"bfe "sheep" 97oW: tbtaFllVOdb; littl* sold early, asking higher or about 10.75 on good to choice fed western lambs; most bids and scattered early sales steady to strong: few just good native Iambs 10.50; package medium to good fed lambs 10.25; nothing done on limited supply - calvi Salable cattle 15.000; calves fed * Hudson Coal 5s 62A 21 Hud & Man rfst 5s 57 8 III Cen 4%s 66 11 Interlake Iron cv 4 47 5 Int Hydro ETcv 6s 44 6 HI Int Pap 5s 47 43 103% Int.TJi T 5s 55, 61 40% 27 45% 3954 9754 4554 39 9'54 3954 9754 K C Term 4s 60 Loews 3%» 46 Louisia & Ark 5s 69 M K Tex 5s 62 A M K Tex aj 5s 67 M K T 4%s 78 M K Tex 1st 4s 90 M K Tex 4s 62 B 37 40% 1 10854 M854 108% - ---.. -^ 5 104 104 _7 84% 84 104 13% 13 26K 12% 20% 154 esH 57% 6854 5654 77% 13* i* 4 13 26% 12Vi steers and yearlings steady to 25 lower; good grades predominating and showing most downturn: only limited supply cola early: common and-low mediums as well am strictly good to choice steers steady; most 9.75-13.25 steer trade: fairly broad demand on kinds selling 10.00 downward as well as 12.50 upward: little here of value to sell above 14.00: early top standing at 13.60: feeder dealers competing on meager supply well bred meaty feeders turning at 10.2575: heifers steady to 25 lower, medium and good kinds showing most decline; most betters 9.50-10.75: several loads held abova 12.00: cows and bulls scarce, steady; heavy cutter cows selling up to 6.00, weighty sausage buUs to 8.00: veaiers weak, steady 13.50 down, although few choice offering* making 14.00. DENVER DENVER. Feb. 17—(USDA)—Cattle; Salable 2,100: total 2.350: calves: salable 300: total 600: scattered early sales around steady but market very slow: load fed heifers 10.35: load beef cows 7.25; many odd lots 6.25-7.00: few canners and cutters 4.50-5.75: nothing done on beef steers or bulls: few veaiers 13.00 down; odd lots) stock steers 9.00-10.00; several loads held UEher. Hoes: Salable 1.000: total 4.600: rathe* slow, weak to 10 lower than Friday; 180270 Ib., 7.60-7.75: early top 7.75 to «matt Mo Pac 5s 77 Mo Pac gen 4s 70 NYC rfg 5s 2013 NYC 4%s 2013A — NYChl&StL 5%s 74A 4 NYChii-StL 4%s 78 19 Nor Pac 4s 97 24 Pac G & E 3%s 61 11 110.. Pen P & Lt 4%s 74 4108% Pen RR gen 4%s 65 10 107 .78-78 Pen RR 4%s deb 70 20 92% .73%-73 n RR gen 4%S 81 7 102 .73%-% Phila Co 5s 67 30 107 em Rand 4>4s 56ww 9 104 epublic Steel 4%s 61 ffi 104 p Pac 4%s 68 31 44% ,U Pac 4%3 81 40 44% , Pac Cit 4s 49 13 43% uth Ry 6%s 56 7 80% uth Ry gen 6s 56 15 76 n Pac 1st 4s 47 nit Drug 5s 53 ah P & L 5s 44 estern Un 5s 51 I/heel Stl 4%s 66A 19% 20, 63 5i 57 68 5654 77% .59% .59% .58% .34 .30% .30 .90-90% .86%-% May .42 .4354 .44 5i 6.10 6.25 6.42 6.57 11.00 -3 76%V77%: No. grade of .81%: 1 hard Montana Minneapolis-South Dakota No. 3 dark hard winter 77%78% Hard amber durum: 715i-7654. No. 52Tj-54%. Trading basis unchanged! Basis 2% under-Minne- aoolis May price. Quotations unchanged-lc '"cSt's. No. 3 white 31%-32%. Barley. 39-56. Rye. No. 245%-49%. Flax. No. 1 1.169%-1.74%. Sweet clover seed. 3.50-75. Range of prices: WHEAT - High May 79% Julv 77% Seotember MAY CORN— Old New OATS— May Julv RYE— May July FLAX— May July September LOS AM5ELES LOS ANGELES. Feb. 17—(UP)—Butter: Extras 33. prime firsts 32. standards 3154, undergrades 30. Large candled Candled clean extras 22, - Brazil official Mexico 20.70N. . 6.05N: free , „ : HonE Kons 2 cables unless commercial Cotton Market v -' ULLUil Exclusive Republic Dispatch of Agricultural Eco- o inches 215 points on. Demand fair. NEW YORK „. .* , Feb 17— (AP)— Cotton futures rallied today on a ^i^ tap-— -re shaded, the nu^et SS unchanged to S points ahead. Marshall Field and company, operator ot _ Chicago department store and textile mills in North Carolina, Virginia and Illinois, reported a 1940 net profit of 55,- 692.9S1, equal.to J2.47 a share on the common stock, compared with $4,636,558, or $1.92 a share, in 1939. NEW YORK. Feb. 17—(API—The Atchl- son Topeka and Santa Fe railway reported :oday a 1940 net income of 512,745,371. equal to S2.69 a share on the common stock, compared with SS.502,732. or cents a share on the common, in 1939. eg gs_ Candied clean extras -a, t a.,u. e u light dirty extras > 21, candled clean standards 20. candled light dirty standards 19. candled checks IS. Medium eggs-Candled extras 19. candled Heht dirty extras 18, candled clean stand- e , ards 17. candled light dirty standards 16, 9-i The Atlantic Coast Line railroad In a preliminary report for 1940 showed net Income 'of SI.823.537, equal to S2.20 a share on the common, against $504,074, equal to 96 cents a share, in 1939. The Re ;tatftnent Reading company In a preliminary ;nt reported 1940 net income of $6;427.217 equal to 52.59 a share on the com- mor stock, compared with 54.721,651, $1.37 a share, in 1939. The Chicago and North Western railway's preliminary 1940 figures showed a net loss of 55.222.369 against a net loss of 59,109.868 in 1933. WINNIPEG . . WINNIPEG, Feb. 17—CAP)—Wheat futures: High Low Close May 775» 7674 77 Julv . 78% 7854 78% Cash wheat. No. 1 hard 747.: No. 1 northern 747-4: No. 2. 7254: No. 3. 6954; No. 2 white oats. 3354; No. 3. 31%. . OMAHA OMAHA. Feb. 17—CAP)—Cash wheat NoT Idirk hard, 76%: No. 2. 76Vi: No 3. 7454-%. Ca extras 1554. candled Long- 354 Ibs. .14:over 4 Ibs. and up 15: hens ored "54 and up to 354 Ibs. 16; colored ove?' 3~54 and upto 45S Ibs. 17: roasters. colored over 45i Ibs. and up 18; stags, colored 14: old roosters, colored 11; leghorn 09: ducklings, Pekln, over 5 Ibs. and up 19 : under 5 Ibs. 18: old ducks, white s , Pekin OS: geese 15: young torn turkeys. 14 Ibs. and under 20 Ibs. fl: 20 Ibs. and .11 lua. iinu unuti ~" .„... ——. — --— -j ip 12: young hen turkeys. 9 lb». and under 31 Ibs 16- 11 Ibs. and up 16; old hen turkeys 11- ctd torn turkeys 11: capons, 6to I Ibs. 24; over 8 Ibs and up 24: ihhlts No 1 white 3% to 4% Ibs. 16, J5e!<lectori. 3% to 4% Ibs. 13; rabbits, wooly 06; No. 1 old 06. CHICAGO 7374 41 1.69 L67 1.59 Low 77% 76 7374 5454 3054 3951 1.6854 1.6654 1.5854 Close 77% 76 7374 ' 545k 5454 3054 2SV4 3954 41 1.6854 1.6654 1.58% Agency Looks AheadOtMarhet WASHINGTON, Feb. 17—(AP)— he Securities and Exchange Commission told congress today it had maintained "a constant minute- o-minute scrutiny" of the nation's ecurities exchanges during the war t Europe; •As early as April, 1938, when Austria was annexed by Germany, le commission said in its annual eport, it had set up machinery to eep itself informed of developments and was able "to keep ahead f actual market response to vari- us occurrences." 58. Corn. No. 4 yellow. 5054; No. 2 white Oats, rye and barley, none. CHICAGO CHICAGO. Feb. 17— CAP)— Cash grain Wheat No. 1 hard 8554: No. 1 yellow : No. 3. 6154 ^Oa'ts: No. 1 mixed heavy 35%: sample grade mixed grain 3054: No. 1 wh te 3754 No. 1 white heavy 3754 : No. 2 white 37% sample grade white 33-34; ..sample grade white tough 33%. Barley: malting 51-66 nom.: feed 42-51 m... No. 1 malting 58-66: No. 1 malt 92%; sampl "Field'"seed-per hundredweight nominal. Thriothy 4.00; aisike 9.50-12.00: fancy rec top 7.50-8.00: red clover 8.00-10.00; swee clover 3.50-4.00. (Furnished By E. F. Button & Co.) 1 tltlireS (Member of New York Cotton Exchange) January March May ' July October December Open 9.49 10.17 10.13 9.98 9.50 9.49 New York High Low Close 9A9 10.24 10.17 1051 10.13 10.06 9.98 9.60 950 956 9.46 953 10.19 10.17 10.02 955 9.52 New Orleans Open Close 950 955 10.22 10.25 10.16 1050 10.02 10.05 953 9.60 9.53 956 Liverpool in Pence Open Close CLEVELAND, Feb. 17—CAP)—Goodyear Tire and Rubber company and subsidiaries today reported 1940 net prolit of 510,309,788 after subsidiary dividends, federal Income taxes and 51.000,000 reserve for contingencies. This equaled, after So preferred dividends. 53.44 a common share and compared with 59.837,797 (alter deducting 51.791.602 foreign exchange adjustment) or 53.20 a common share, in 1939. Net sales increased to 5217,540,079 from $200.101.704. 8.17 8.24 8.25 856 851 8.24 854 S56 850 S&7 r^P*"zu374: -weak: fresh hens. horn hens down, colored Rock 19: sp' Plymouth 19%, White 17. 5 Ibs. and 14%; broilers, d 18, Plymouth Rock _-. ..---. igs. 4 Ibs. up, colored 19% *~" White Rock 21, un- 5%, Plymouth Rock i%. stags IT, bare- Silver Market XEW YORK NEW YORK. Feb. 17—CAP)—Bar silver remained steady and unchanged here today at 34%. Treasury Receipts WASHINGTON. »Feb. 17—(AP)—Th oosition of the treasury Feb. 14: Receipts 515.992,713.14; expenditure white 17: geese. 16 i hlrI 0 l^ S ra^ B 7- I lbs. i V22ruiider"7 Ibs. 21, slips 18. KANSAS CITY KANSAS CITY. Feb. 17—(AP)—Eggs, «4^cSSn "receipts, 13%: butterfat 54- .Jr'crealnerV butter, 29%. - Hens,12-15; I hrnflarc Tfi-"lT* SDT1I1ZS* lo^lOTT I rOOSlcTSi |broilers. 16-1*. sgj^s^^ ^jj^. j^ 528078.38: customs receipts for monl 514988,384.73; receipts for fiscal year (Jily i) S3.494.432T361.05: expend ture Hfe^-oli SSFt& siSoS 6 ^S'i goSM&SMTss 53 ' 578 Money Market • NEW YORK. Feb. . 17—(AP)—Call money: steady. 1 per cent prime commer dal paper: % per cent time loans stead; 60-9(fdays 1%: 4-6 moj. 1% percent ban ers acceptances unchanged: 60-90 days % A per cent; 4 mos. A-H LONDON. FebT 17-CAP)-Bar .sUver 954-10%: geese, SH: ducks. 10-12* 23J4d. unchanged. (Equivalent 4248 cents.) I turkeys, 13-16%: torn turkeys^ll-lS mos. H-A per cent. Rediscount rate N. per cent. per cent; T. reserve bank, Cash Provisions CHICAGO. Feb. 17—(AP)—Lard Uerct 6.00; loose 5.27; bellies 11.12. 7 133 14 .86 57 68 55% 77% 11054 U054 10S5i 108V* 106% 106% 91% 91% 101% 102 106% 106% 103% 104 103H 104 44 44 4374 44 43 4354 79% 8054 75% "75% 11254 11254 84% 84% killers: few 270-300 Ib., 7. top 7.75 '.35-7.65: good and choice 160-180 Ib., 7.35-7.75; sows 6.006.50. Sheep: Salable 4.000; total 4,500: verj! little done: 1 lot good to choice/124 Ib,, trucked-ln lambs 9.25: lighter wights held! around 10.00: no carlots sold, asking strong to a shade higher, or above 10.35 freight paid: most interests talking about steady! cull and common native ewes 3.00-3.50. 7 103% 103% 103% 74 6 105% 10554 74*4 oung S & T cv 4s 48 3 102H 102% 102H \rgentine 454s 71 razil Ss 41 anada 5s 52 er Gov 554s 65 jer Gov 7s 49 :aly 7s 1951 okyo El Lt 6s 53 FOREIGN BONDS 6654 18% 9854 854 1174 44 4654 66 »i 18% 98 54 8 1174 4354 4554 66* 18% 9854 if 74 U. S. Industrial Index Is Higher WASHINGTON, Feb. 17—(AP)— The Federal Reserve Board's Index of industrial production rose today to a record new high of 139 peB cent of the 1935-39 average. The board rated January output at this figure because productioa "declined less than seasonally ex* pected." Many defense industries; including machinery, aircraft and shipbuilding, increased production. Cotton mills also Increased their output, but wool mills declined slightly. Rayon mills maintained their large production. Meat packing declined, but shoe production advanced. Steel and other metal industries continued at their near-capacity levels, and automobile production also was un* usually high. Construction coo* tracts declined. U. S. Bonds %s 43-41 54 s 46-44 s 54-44 s 54-44 reg %S 47-45 %s 56-46 54s 49-46 ".s 52-47 ,,s 51-48 54s 53-49 74s 60-55 %S 63-58 %> 65-60 TREASURY *1?000 High low Close 5 101 101 2 108.2 108.1 8 112.11 112.8 5 112.6 112.6 12 108.1 108 11 113.4 113.4 2 110.9 110.9 13119.16119.5 4 107.27 107.27 107.27 * 1 105.6 105.6 105.6 1 107.16 107.16 107.16 2 107.2 107.1 107.1 2 10701 107.11 107.11 101 108.2 112.8 112.6 108 113.4 110.9 119.6 FEDERAL FARM MTG. Hs 64-44 HOME OWNERS 2106726i 106.26 106.26 s 52-44 54s 47-45 80 1 106.18 106.18 106.18 13 101.29 101.29 -101.29 44 10054 100 10054 Oil Sales Net Is $334,635,533 WASHINGTON. Feb. 17—(AP>The Federal Trade Commission re« ported today 13 large petroleum producing and refining corporations had combined sales totaling $3,632y* 257,441 during 1939 and a net income of $334,635,533. The combined cash dividends paid or accrued during the year, tha commission, said, amounted to $159,f 993,844, representing a return of nearly 3 per cent to stockholders Ait the basis of book value of theif equity. . .. : . Irrigation Reports Salt River Project (Observations Taken At S A. M.) ROOSEVELT RESERVOIR Height of dam, linear feet 734.OO Elevation of water linear feet 175.63 Capacity of reservoir, acre-feet 1,398,430 Contents of reservoir, acre-feet 950,119 Gain In 24 hours, acre-feet 5,398 Dividends AMSTERDAM, N. Y.. Feb. 17—CAP)— tohawk Carpet Mills, Inc., today declared a dividend of 50 cents a share on stock s of Feb. 28 and announced a. 5 per cent ncrease in wages for all hour and piece work employes effective Mar. 1. Approximately 4.SOO workers will be affected. WILMINGTON, Del.. Feb. 17—CAP)— Directors of E. T. DuPont De Nemours and ompany today voted an interim dividend .f SI.TD a share on common stock, payab 1 - ,Iar. 14 to holders of record Feb. 24. Foi.. Jlvidends of similar amounts were paid in 1940. Wool Market BOSTON, Feb. 17—(USDA)—A little more Interest was noted to domestic wools n the Boston market today. Sales of fine omblnz Ohio delaine-were reported at 43-44 nand for graded three-eighths blood combn mand for graded three-eighths blood comb- Ing bright fleeces at 43-45 cents, to the ;rease, with some choice light shrinking wool selling at the top of this range. Con- ractuw for territory wools continued to he western, states at prices estimated at a. or more, scoured basis, delivered east. WOOT, TOP FUTURES NEW YORK. Feb. 17—(AP)—Active trade and spot bouse demand today carried all active local top futures into new high seasonal ground before a reaction set in eaving final prices 3 points lower to 9 jigterT The spot month reached 128.9, the highest ever paid for wool to the his- torv 01 the New York wool top exchange. Mch. 128TON; May 123.9B; Jury 119.&; Spot tops'l27.5B. B—Bid. Crude Rubber NEW YORK. Feb. 17— (AP)—£rude rubber futures closed 24 to 30 higher. •. Sales No. 1 standard, 17 contracts: High Low Last HORSE SCESA RESERVOIR Height of dam. linear feet 2 Slevatlon of water, linear feet 212.7 Capacity of reservoir, acre-feet 245,1 Contents of reservoir, acre-feet 129,3 Gain to 24 hours, acre-feet MORMOX FLAT RESERVOIR Height of dam, linear feet !• Elevation of water, linear feet 1; Capacity of reservoir, acre-feet S Contents of reservoir, acre-feet 3' Gain in 24 hours, acre-feet STEWART MT. RESERVOIR Height of dam. linear feet Elevation of water, linear feet Capacity of reservoir, acre-feet Contents of reservoir, acre-feet Gain in 24 hours, acre-feet < BARTtETT RESERVOIR Height ot dam. linear feet 188.1 Elevation ot water. linear feet 188.' Capacity of reservoir, acre-feet 182.61 Contents ot reservoir, acre-feet 184.5. Gain to 24 hours, acre-feet 1,9! TOTAL STORED WATER Total capacity of reservoirs, a. It. 1,953.7! Total stored water, acre-feet 930,9! Total net stored water, acre-feet 891,7 Total net stored water, yr. a; Net gain to 24 hours, acre-' WATER DIVERTED Southslde use, miner's Inches Northslde use, miner's inches At Granite Reef, acre-feet At Joint Head, acre-feet Ground water pumped, acre-feet NORMAL FLOW From 6 P. M. Feb. 17. 1941. te S P. Feb. 25, 1941, for use on lands la cultb lion In or before 1909. Sao Carlos Project 8AM CARLOS RESERVOIR. Capacity, acre-feet . Available storage.!acre-feet Water discharge 24-hour period Re«ervolr gain, acre-feet •;- May 20.55 20.40 20.50 20.37 20.S5 20.39B July 19.97 19.90 19.94.95 Smoked ribbed spot 20.5QN. B—Bid; N—Nominal, Carloadings 5 NEW YORK, Feb. 17—CAP)—B«vaji» freight cars handled by railroads reporUnt today for the week ended February 15 n* duded - HL.-Vp.in 15 Weelt_ I Baltimore and Ohio 53.987 ! Santa F« 25,120 '

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