Arizona Republic from Phoenix, Arizona on February 19, 1941 · Page 15
Get access to this page with a Free Trial

A Publisher Extra Newspaper

Arizona Republic from Phoenix, Arizona · Page 15

Publication:
Location:
Phoenix, Arizona
Issue Date:
Wednesday, February 19, 1941
Page:
Page 15
Start Free Trial
Cancel

rjephone 3-1111 Arizona Republic, Phoeni*, Wednetday Morning, February 19, 1941 U . '(Section Two). Page Five KKET TRIES FOR FEEBLE RALLY BUT TURNS LOWER IN LAST HOUR Sluggishness |0f Trade Hits Average List vr\V YORK, Feb. 18—CAP)— L stock market tried for another .1 wble rally today but buying in- f"-L waned at the last and prices j irregularly lower. The list stiffened after a hesi- ', 5 t ar t. then again turned soft spots as the proceedings drew r a close. 'The Associated Press average of -issues was off .1 of a point at ;•> Trends, on the whole, were ."aningless. it was said, because the sluggishness of dealings. The mover of 320,050 shares com- .,fA with 356,720 yesterday and ^ one of the smallest since last fL e 'g61 individual stocks traded Uxactlv the same number as yes- r-dav anrt about half the aggre- rte 'listed on the exchange—285 ; rf down. 182 up and 194 un- Stock Prices On New York Exchange Following an closing quotailoas at 3 p. m. Eastern Standard Tim* received over Associated Press-Arlrons, Republle leasrt wlwii «> .^'V "* ^J 1 *" 1 *! shown after the stocks la the following Uble an aaswal 4lstanements bast* •• «•» *•* »""«• ^sUmiS? »SSS**2f* 1 - Vnlen otherwise note* special or extra dividends an not Included. . P.V.M. tm ,.~.t 5 J^!A ! >°-:Ex-olvldend. XR— Ex-rights, a—Alsowrtra op extras, d—Cart or stock, e—Paid last year. .*T«JJJ» 1 JJ Jeir B ~ Dectared « P* 1 * so tar this year, h—Pajaort la Canadian funds, k—Accumulated dividend paid ot declare* Us* +—Cult of trading 10 shares. * A K ~ Bales In Sales In ri ~ T- jn. Hd>> Hith LOT C 10 ** Hds. Hlih Low Close ^Jr,^ -4 °? ,J 42 5 * 57i Kennecott Cop %g 12 35% 31% 32 Reduction la 11 37«i 37% 37% Kresge (SS) 1.20a 15 22% 22 22% Kress (SH) 1.60 27 23 22% 22H Otis Elevator Kroger Grocery Hg 3 23% ~ ppstraining market influences, .-okers suggested, included the •'.gar-Turk accord which was wsidTed at least a temporary 1'ack for the British, persistent hrehension over far-eastern af- <:'-s and further testimony before iii-ressional committees stress"""the proximity of the United les to actual entry into the •onran war. Business news, topped by regu- C and special dividends, favorable rning statements, further ex- nsion of commercial loans, con- •ued growth of department store tes predicted record motor pro- ni'on for February, and mount•'• rail revenues, brought some CTuragement to bullish forces. .imonp stocks, Coca-Cola drop- «j3 points at 88 on light transac- Lcsser losers were U. S. .. Bethlehem, General Motors, iota Fe New York Central, Mont- Jleghany pf $30 ww 'leghany Lud Stl 1% Chem & Dye 6a _ . Ulied Strs 3 Allis-Ch Mfg IHe 2 Amerada Corp 2 1 Am Airlines le - 2 Am Bank Note 2 Am Brake Shoe 1.60 2 jn Can 4 11 Am Car & Fdy 2 Am Car & F pf 2 Am Colortype We 1 ~" Coml Alco 2 tan Crystal Sug :g 1 fcn & F P .30k 1 tal&F P S7 pf .35k 1 tal & F P 2 pf 1 Mn Hide & Leather 1 Am Home 2.40 2 International 2 im Locomotive 5 .m Metal *ig 1 Am Pow & Lt 5 Am P & L S6 pf iTik 6 Am P & L 55 pf 1.56k 1 Am Rad & St S .40e 14 Am Roll Mill Vie 8 Am Safe Razor .80 5 Am Snuff Co 3a '1 Am SU Fdrs Ward, Dow International Har- Chemical, Allied Jiemical, American Telephone and l«las Aircraft. Retaining modest advances were -reriran Tobacco "B," Davison I^mical. Great Northern, Chesa- and Ohio, Kennecott, West- iiouse, Union Carbide, Johns- inville and Goodyear. Bonds were mixed, with carrier •arities doing a hit better than >r groups. Most major com- litips displayed rising tenden- Whpat at Chicago was up % l\ cents a bushel and corr •rd '* to 1. Cotton advanced 20 :55 rents a hale. •n an uneven curb, improvement IE hrld by Glen Alden Coal .rnhle Oil. American Cyanamid Phoenix Securities and Ven- .-jplan Petroleum. Off smal T.ount3 were Electric Bond anc -.are. Cities Service, Brewster 'TO and Republic Aviation. Vol :.p here approximated 93,000 :zres versus 86,000 yesterday* What 1?41 Iv.Ehs if< 19il lows Stocks Did Tuesday 162 285 194 661 106 30 IS 66 Associate l>re»« AveragM . rhance , s j av >nr.ous rtay r.th itfn ' »: »EO •I. hlRh < ln\\- 4 : h! C h - an is is so Indus! Rails I'tll Stock D .1 A .1 D .2 D hfi 5 15.7 32.S 40. 5K6 ia.6 33.0 4U. «1 0 17.1 35.1 43. 71 9 IP.] 39.4 60. «3 9 17.7 35.5 45. 55 K 15.4 32.S 39. ~A " nn 5 40.6 52.-J 5~3 13.0 30.9 37.0 1938-39 1932-37 1927-L>9 54.7 75.3 157.7 33.7 16.9 61.8 Uaska Juneau H Uleghany Corp Am Sugar Ret %g Am Tel & Tel 9 m Tobacco 5 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 % Assd Dr\* Goods Atch T & S F le All Coast Line All Refining 1 Atlas Tack .15g Aviation Corp Bald Loco ct 11 : ialt & Ohio 5 Sarnsdall Oil .15g 2 3ath Ir Wks \e 22 : Jendix Aviat lg 11 : Jenef Ind Ln l.SSe 4 3est & Co 1.60a 4 3eth Steel l%g 19 Black & Decker la 1 31aw-Knox Vie 4 Boeing Airplane 9 John Al & Brass Vig 1 3orden Co .30g 5 3org-\Varner .40g 3 Sridgenort Brass lie 2 3ricgs Mfg 2Ue 5 3klyn-Man Ta 10 Sklyn Un Gas 3 Bucyrus-Erie -15g 2 Sudd Mfg 4 tBudd Mis pf .20 . Budd Wheel .20g 2 Bullard Co 2e 1 Bulova Watch 2a 1 Burline Mills 1 2 Burr Ada Mach .15g 3 Butler Bros .15g 2 Butte Cop & Zinc 2 Byers (All) Co 2 O Calif Packinc 1 10 Callahan Z-Lead 3 Calumet & Hec le 5 Campbell Wyant .35e 1 Can Dry G Ale .60 3 Canad Pacific 6 Case (JH Co 3e 1 Caterpil Tractor 2 4 Celanese Corp l%e 5 Cerro de Pas Ig 2 Certain-teed Prod 2 Checker Cab 3 Ches & Ohio 3s. S Ches Corp 3 "•hi Grt W pf 5 Chi Mail Or %e 1 Chi Pneu Tool 3 CRIiPac '<"<• pf 1 Chickasha Cot Oil %e 1 Chilcls Co 2 Climax Molyb 1.20a 1 Cluett Peabody 2\e 2 Cora-Cola 5e 14 ColEate-Palm-P %a 2 Collins & Aik 2Vig 3 Col Fuel & Iron %g 1 Colum Breast B .45g 1 Colum G El .10g 10 Colum Pict 1 S 159H 158% 158?i Lambert Co *»g 1 Lee Rub & Tire fig 2 Lehman Corp 1 5 Lib-O-F Glass 3%e 4 Libby. McN & i. %e 10 Liggett & My B 4a 4 Liquid Carbonic la 1 Lockheed Alrc l%e 3 Loevv's Inc 2a 4 Loft Inc He 24 Lone Star Cem 3a 2 Loose-Wil Biscuit Hg 2 Louisv & Nash 2g 2 M MacA & Forbes 2a 1 Mack Trucks l%e 2 Macy (R HI Co 2 2 Marine Midi .10g 3 Marshall Field .40 13 Martin GL Co 2e 6 Martin-Parry 5 Mathieson Alk 1% 1 McGraw Elec la 3 McKess & Rob 18 McKess & Rob pt 2 Mengel Co 2 Miami Copper .45e 4 Mid-Cont Pet .SOe 1 Midland Std Prod Vig 2 Minn-Moline 3 Mision Corn Vie 1 Mo-Kan-Texas pf 2 Mohawk Carpet %g 3 Monsanto Chem 3e 6 Montgom Ward %g 13 Motor Products le 3 Motor Wheel 1.60 "1 Mullins Mfg B 1 Murray Corp Vie 4 N. Nash-Kelvinator ' 6 tNash Ch & St L Ig .10 Nat Acme le 3 Nat Biscuit 1.60 13 Nat Cash Reg 1 1 Nat Dairy Pr .80 8 Nat Distillers 2 11 Nat Gypsum .40e 4 Nat Lead %a 4 Nat Pow & Lt .60 8 Vatl Steel 3 3 Nat Supplv 2 Natomas Co la 2 Newport Indust .30e 2 Newpt News ,40g 2 NY Air Brake Vig 4 NY Central RR 38 NY Chi & StL pf 4 N Y N H & H 14 NY Shipbuilding le 7 No Am Avia lite 14 North Amer Co 1.20 26 Northern Pacific 23 25% 24Vi 20% 35% 5% 90U 15% Clow Ohio Oil 15% 14% Pac Gas & Elec 2 Pac Lighting 3 Packard Motor Pan Am Airways Param Pictures .20g Park Utah Con M .1 Parke Davis .40g Pathe Film .30e Patino Mines .60g Penney EJC 3a Penn-Dlx Cement Penn RR l%e Petrol Corp .70e Phelps Dodge Vig Philco Corp Xe Phillips Pel 2 Pitt Scr & Bolt .45e 1 Pressed Steel Car Procter & Gam 2a 2.40 4 29 5 3 R Radio Cp of Am .20g 29 Pub Scv NJ Pullman 1 Pure Oil Vie Purity Bak Vig 26 U 7% 77 VI * g* *!*• 7% 10% Radio cv pf 3% Radlo-Keith-Orph Raybest-Man IVie Reading Co 1 Renting Rand ,.20g Reo Motors ct Repub Steel %£ ' 12H 56% 5H 9* 6H 21% 33% 12H 26% New York Curb Stocfc And Bond Prices XD—Ex-dividend. EX—First ««le •Ince tx-dlvidend date or dates. XR— Ei-rlfhtn. a—Also extra or extras, b—Including extra or extras, c.—De- clared or paid so far thin rear. (— Payable In Block, t —Paid thin year; no regular rate, h—Cash or stock, k— Accumulated 41 v. paid this year, mr— Under rules, ww—With warrants. Supply B P t OCT, E SVi 1304-1 T djoo a»is.tojo 77 U.. JJ,, %K V9 T 'S9 OE Colum Barbon IK 1 -, , „,, Coml Credit 3 6 29M 29% 2J% Coml Invest Tr 4 1 35% 35% 35% Coml Inv Tr.o-.pf 4Vi.l 107% 107% 10^ S H 49 <i Dnw-Joneii Averages OP™ HiBjL .*?* £££&!& . If 9S 19.05 18.94 19.00 railroads railroads Ir.ihisl rials iransartions i' 94.37 0 02- 4S.9. n.oit - • lOi.OO U.1UT in' storks used in averages: Tod»v Monday Saturday " rnatis I'.lfS S'.ocks 21.400 49.80(1 22.500 i" non 90:260 52.300 25.300 is.30fl 95,300 Standard RlBttatlrs (1926 Average EqunlB 100) cav rrtav aro r.:h ano ara»o •!! hich w atn « hith 50 Indft. 93.fi IW.7- 9fi.9 101.9 119.3 30S.S 92.4 20 Indi. 89.R K).S 90.2 90S S7.4 90.7 S9.R 20 Kalln 27.6 27.6 29^9 31.2 30.6 27.3 30 Balls 61.7 61.S 63.1 B4.7 57.9 65.4 61.6 20 fills. Storks 50.1 76.5 50.S 76.7 K 1 79.3 55.2 83.4 70.0 97.fi 5(V4 75.7 20 60 Vtlln. Bonils 100.S S4.1 100.9 101.0 101.2 101.7 101.5 100.6 Coml Solvents Vie 17 Com'wlth i- South 48 H Com & South pf 3 4 50 Com'wlth Edis l.SO 14 28% oncoleum-Nairn 1 1 1 < U onsol Aircr 2e 4 23% onsol Cigar IHe 2 13 ons Coppermin %e 7-6 ons EdTson 2 16 V. ons Edison pf 5 onsol Oil V*g 12 onsol'n Coal 1 ontaincr Corp Vig 1 ont Bak A 1 ont Can 2e 3 nnt Diam Fib 1 3 ml Ins 1.60a 2 nnt Motors 23 ont Oil Del 1 S .jpperweld Stl .20g 4 orn Products 3 3 nty Inc %e 1 rane Co .SOe 14 Ynwn Cork & S He 1 Yown Zellerbach 'ig 4 Crown Zellcr pf 5 .70 Vucible Steel 14 "uban-Am Sugar 2 "udahy Pack 2 urtis PublishE 7 urtis Pub pr pg 31 urtiss-Wright %e 30 urtiss-Wr A 2 4 84.1 R4.S S5.4 K.? 65.9 84.1 Sugar Quotations NEW WRK Keh. IP— (API— Distant Jveriw or domestic Micar future* rearhcc c icvf'.s lor ihc season today on buying !«! or, a I:rm spit raw market ana con- v*1 mnrnn nvc-r the ticht freight slt- ™ Fm»I prices were unrhr.nced w> ^ its hTher on sales of 33.600 tons. -sir liouirtntion forced the world -•k nftrr an curly rally. Final prices were -. oom!s (io«n to 1 up on sulcs of A*i '-< March .t^sR. May .71%B. Sml raw sucar sold al 2.9S rcnl* I •--.(!. n (iorlir.p ot 2 po" 11 "- bul latc . ( .npM; \>as reported at 3 rents. S the relmrci market. Sucrest s oiler 10, M..MBV.JU™- husmess nt 4.50 rents i "-T.II xv» 5 w-thilrawn effective at the '* «h:ch market men interpreted to in we hrnr.d consumer demand. Relmeo 10- l> remained at 4.45 cents. -ion S". S cl<«e- March 2.nfiB. May 2.52B -'•'• 2.1RB. September 2.20B. Novembc iE. Januarv 2.20B. B—Bid. Republic Steel Boosts Payment CLEVELAND. Feb. is—(AP)— "public Step] Corporation direct K today declared a dividend of 5 [wts a share on common stock, an was? of 10 cents a share ove » dividend voted on this stocl tf November. Payment of the common dividen •-second in 10 years—will be mad '•Ml 2 to holders of record Marc •-' the company announced. P° frolic's 40-cent "dividend last I v snber was the first to holders T.mon since 1930. Holiday Pares Week Checking .WASHINGTON. Feb. is—(AP)— l«icoln's birthday cut into chec "factions last week. "he Federal Reserve Board sai J5e holiday, generally observed b ynfe in the larger cities in th A °rth, reduced debits to individu ^unts in banks of 274 leadin «ies to S6.923.000.000 in the wee jnded February 12, compared witr «.S5,000,000 in the precedin and 56,920,000,000 in the CO week last year. 23% 5-4 21 50 2S% 17% 23% 6* 21 1 106% 106% 106% 3 13% 7% 36% 7% 35 !4 3 ISVi 14 H 44 H 4% 15% 23% 12% 87 37 H 3% 13% 1% 36% 3% 18% 14% 44% 4% 16 23% 12% 88 3S% 3% 14 1% 32% 25H 25H 2SH 35% 3 16% 14% 44<-« 4% 16 87 37 "* 3% 13% 1% D eere i Cr> l%e )eere & Co cf 1.40 el & Hudson el Lack & West etrolt Edison.IE 1% 19% 10% 2% 19% 28% 2H 2% 19% 28% 1 106% 106% 106% h2 iam Match )ome Mines — ouelas Aircr 5e ow Chem 3 n-sser MfB 2e uPont de N l%g 27^ 15H 65Vi 15% 65 27 38% 15% 65 IS 142% 140 142 12 2S% 13H 3% 24 r 36% 12 lastcrn Air L Eastman Kodak 1 Auto-Lite 3 Elec Boat .SOe 7 £1 Poucr & Lt 2 ;i Pow&Lt S6 -pf-30* 2 31 Pow&Lt S7 pf.35e 1 El Storage Bat 2 1 ~ng Pub Service 6 rie R R J Exchange Buffet 1 F Fairbanks. Morse %g 2 ed Lt & Traction la 2 Fed Mng & Smelt 2e 1 ed Mot Trurk 1 Firestone TiR %g 1 Firest T&R pf 6 ~irst Nnt Strs 2% Flintkote le < Food Machinery l.bue J Foster Wheeler 1 *Fostcr Wherler pf .30 112 Freeport Sulph 2 1 35 G Gen Am Trans 3e 5 Gen Bronze Gen Elec l.RSe Gen Foods 2 Gen G & El A Gen Mills 4 Gen Mills S«* pf 5 3 26 26 26 1 127% 127% 127% 3% 24 2S% 36% 12 27% 13% 2-r 1 i* 36% 12 Aero Am Cit P t LB Am Cyan B Am Gas & El Am Gen Am Light & Tr Am Maracaibo Am .Superpow Ark Nat Gas Ark Nat Gas A Asso G & El A Atl Cst Line. Co Atlas Corp war Auburn Cen Mfg Auto V Mach Aviation & Tran Baldwin Loco war Barium Sta SU Bell Airc Berk & Gay Furn Bliss E W Carib Syn Carrier Corp Catalin Am Cities Sen-ice Cities Sen-ice pf Colon Develop Cons G & E Ba! Creole Pet Crocker Wh El M Eagle Pich Ld El Bond & Sh El Bond & Sh pf El Bo & Sh $5 pf Equity Corp Falrchild Av Ford M Can A Ford Motor Ltd Glen Aid Coal Gt Atl & P nv Gulf Oil Hecla Min Hollinc Gold Humble Oil Imp Oil Ltd Ins Co N Am Int Pan & Pow war Int Petrol Jones & Lau SU Lehigh C & N Lone Star Gas Long Is Ltg Midi Stl n-cum Molybdenum Monti Ward A Mt City Cop Mount St TiT Nat Fuel G Nat Hub Mch N Mex & Ariz Ld Niag Hud Pow Nor Am Lt & Pow Pac G&E 6 pf Pantenec Oil Ven Pennroad Phila Co Pioneer Gold Pitnev Bowes Republic Avia St Regis Pap Shat Denn Sineer Mfc So Penn Oil So Cal Ed C St Oil Ky St Oil Ohio pf St Pow & Lt Sunray Oil Technicolor Tublze Chat Unit Gas Unit Lt & Pow A A .32% -'- Safes In Hds. Hlch 2 5% 1 4 . xd4 5 1 1 Low 5% Close 5H 32% 28% 1.70 3 5 7 2 5 5 4 3 5 2 1 3 1 26 2 1 2 2 S 18% 3% 3% 4% 19% 49% 65 13% 5 874 3% 61 54% 8% 10% 1% . 8% 2.50 100% 1 31% 57, 8H 55 6H 65 2 2 3 3 4 1 3 2 '7 .60 165 10 3 9% 27H * JT 18* A 4% 19% 14% !* 3 3% 3 61 54% % 8% 10% 1% 99% 31% 5H SH 54% 6% 64% 1% SH 27 ft 17* 6% 165 3% 4% 19% 148 1% 8% 3% 49 2 2 2 6 61 Revere Cocper & Br 1 Reynolds Metals .30e 3 Reynolds Tob B Vig 6 S Safeway Stores 3a 3 St Joseph Lead %g 1 Schenley Distill 2 Seaboard Air Line 2 Sears Roebuck 3a 2 Sen-el Inc 1 3 Shattuck (FG) .40 5 Shell Union OH %e 3 Simmons Co 2e 2. Smith (AO) Corp %e 2 Snider Pack 1 1 Socony-Vacuum %g 24 Sou Cal Edison IHa 6 Southern Pacific 19 Southern Ry 7 Southern Ry pf 11 Sparks Withington 5 Sperry Corp 2e 8 Spicer Mfg %E .1 Spiegel Inc .15g 5 Square D Co 2.80e 1 Stand Brands .40a 27 Std G & E S4 p! 4 Stand Oil Cal 1 7 Stand Oil Ind 1 12 Stand Oil N J la 12 Stewart-Warn %e 2 Stone & Webster %e 6 Studebaker Corp 23 Sunshine Mng 1.60 10 Superior Oil .10e 3 Swift & Co 1.20a 4 Texas Gulf Prod .20e 3 2!i Texas Gulf Sulph 2a 2 35«i Tex Pac C & O .40 2 5« Tex Pac L Tr .10e 1 3% Thermoid Co 15 4 M Thomr/scn Prod %g 1 28V. Tide Wat A Oil .60 6 9% Timk-Det Axle 3!ie 5 28^ Timken Roll B %g 4 40VJ Transamerica Vi 4 4?i Trans & West Air 2 13 Vi Tri-Cont Corp 1 13 Twent C-Fox F 36 Underwood-Ell 2Vie 1 32 Union Bag & P le 2 10V! Un Carbide %g 19 63 tUnion El Mo pf 5 .40 113 Union Oil Cal 1 5 13V! Union Pacific 6 3 77 Union Pacific pf 4 1 82V! Union Tank Car 2 1 26 United Air Lines 13 13 United Aircr 3%e United Carbon 3 United Corp United Drug Unit Fruit 4 United Gas Imp .80 U S Gypsum 2a ' U S Indus Alco US Leather A US Plywood 1.20 U S Real & Imp U S Rubber U S Rubber 1 pf 8 US Steel Ig U S Tobacco 1.96e Stores A New York Bonds New York Stock ExcTiange NEW YORK, Feb. 18— (AP)— Railroad HUM tBjoya« a fair dtmand In today'* bond market but the trend In other groups xvas obscure and leaned to the offside on average. Many Iwues ended unchanged after having been on both aides of The market during the day. A new batch of highly favorable railroad earnings statements for 1940 stimulated mild Interest In the carrlen and a majority of those traded ended with modest Plus ilgns. Alleghany stamped -Si of '50 Droved an outstanding strong ipot, ending uo 2H points at 88. Others making progress Included Western Maryland 4s at 91%, Southern Pacific 4%s at 44%. Illinois Central 4a at 94. Louisville and Nashville first 4s at 94 H. Warren Brothers 6s at 55. International Mercantile Marine 6s at 81% and Great Northern 4i at 102H. Ending unchanged or behind minus were, among otters. Western Unio . Shell Union 2%s. Nickel Plate 4%s, American Telephone 3Hs. Santa Fe 4s. Commonwealth Edison 3%s and International inus signs Union 5s. Telephone St. The foreign department had Us usual luota ot wide changes accomplished on few -ales. Panama 5s of '63 "A dropped 7% points to 55 on offer of 2 bonds but the "assented"'bonds of the same issue (holders agreeing to certain conditions) moved up 1% points to 62% on transfer ot 17 bonds. Japan 6%s and Queensland 6s were among others dropping a point or so. U. S. governments finished down 22/32 to up 11/32 ot a point In thin dealings. The Industrials, utilities and low yields in the Associated Press averages touched ~ new 1941 low while the rails edged up shade. Total sales of $5.127,875, par value, compared with (4,295,175 yesterday. S* . 10% % 31% 1% 31% BOND AVERAGES Compiled by the Associated Press 10 10 10 10 Rails Indurt Uttl Net Changs A .1 0.1 D .2 Tuesday 60.5 104.4 99.0 Previous day 60.4 104.5 99.2 Month ago 63.4 104.9 101.0 Year ago 57.7 102.5 96.7 1941 high 64.2 105.3 101.3 1941 low 60.3 104.4 99.0 1940 high 61.4 105.9 100.7 48.3 98.9 90.3 Fn. D.4 40.5 40.9 39.7 50.3 41.5 1940 low _ _ __ 10 LOW YIELD BONDS Low yield 113.1 Prev. day Month ago 114.0 Year ago 1941 high 114.6 1941 low 1940 high 114.6 1940 low Alleghany cv 5s 44 14 Am & For P 5s 2030 7 91 53% Am I G Chem 5%s 49 3 103 Am Int 5%s 49 1 101 90% 53 103 101 35.1 113.2 112.3 113.1 108.4 90 s i 53% 103 101 Am T 4 T 3%s 66 7 107H 107% 107% Anaconda Cop 4%s 50 1 104 104 Arm Del 4s 55 A T & S F 4s 93 13 105J4 105 104 105 20 1084i 108% 108% A C Line 1st 4s 52 A T & SF 4%s C-A 62 4 110% 110 110 . -^ . „ 2 ™ ^ 75 67 3SVi 37% 38H 12 44 43% 44 8 113 112% 112V1 7 104% 104% 104% 8 75 75 75 13% 76% _ O 95 St A B & O S W 50 st Bell T Pa 5s 48 Beth Stl 3%s 65 Boston & Me 5s 67 Bkly Edis 3%s 66 Bkly Un Gas 5s 50 Can Nat 5s 69 Oct Can Nat Ry 4Vis 56 Can Pa 4%s 60 CanP.c4,^erp i 5%s 48 _ & O 4%s 92 C B 4 6 4%s 77 C B & Q 4s 58 Chic Gt West 4s 59 CMSP & Pac 5s 75 11 108% 108% 108% Cen Pac !__ Certain-td..5%.s 92 94% 91% 65% 53% 48% RS« S 5 3 50 __ 5 85 irnvi 4 83% 54 32H 157 6 92 94% 91 65% 53VI 47H 85 132 92 94% 91 lilt £* 132 71% 83% 32% 6 Grains Show New Strength CHICAGO, Feb. 18—CAP)—Short covering and a moderate increase in milling demand late today suddenly whirled wheat futures prices as much as 1% cents a bushel higher than the previous close. Final quotations for all commodities on the board of trade ex cept soybeans were at or near the day's peak prices after seven successive sessions in which the closing trend was downward. The market fluctuated rapidly and on downturns new seasonal low records were established for September contracts in both wheat and corn, at 73% and 58H cents, respectively. Wheat finished the day %-!% cents above yesterday's close, May 79-79H, July 74tt-tf, September 74%-%. Corn advanced tt-1 cent, May 60%-%, July 59%; oats were '/*-}» cents up, soybeans tt-% off; Rye H-% higher, and lard 5-7% cents up. The market opened steady to a shade higher, then backed and filled. The setbacks uncovered buying by speculators and milling interests. Wheat fluctuated over a range of a cent and a half and corn within one cent. In comparison with a year ago, prices were 25% to 28% cents a bushel lower. Announcement that the Surplus Marketing Administration had sold 500,000 bushels of wheat to Mexico under the present subsidy program, bringing total sales to 740,000 was followed by a sharp rally in prices. SMA officials said other bids had been received and that they expected to dispose of at least another 1,000,000 bushels. The wheat exported under the program was purchased by the SMA from the Commodity Credit Corporation's government-owned stocks and sold at a discount to exporters. There also were indications the new farm legislation might not apply to the 1941 crop, which attracted considerable attention In trade circles In view of recent reports that the spring wheat crop Metal Market MEW YOBK* Feb. 18—(AP)— n Copper steady; electrolytic •pot Connecticut valley, 12.00; fc a, a. New York 10JO-12.00. Tin firm; spot and near-by 51.75;. forward 51.75. Lead firm; »pot New York 5.85-5.70; forward 5.50. Zinc firm; East St. Louis) ipot and forward 7.25. Pit; 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 171.00-173.00. Platinum, pure 36.00. Chinese wolframite^ duty paid, 25.0026.00. Domestic scheelite, 24.00. Hogs, Cattle, Lambs Gain Poultry And Eggs FCKMSHED BY ED WELMCK AMD SON BUYING PRICES Poultry Hens white 2% to 3 Ibs. Hens white over 3% Ibs. Hens colored 3% to 4% Ibs. . Henl colored 4 to 5% Ibs. Broilers. 1 to % I 5% Ibs. .12 .15 .17 .20 10 20OG _ _ slwfs.SCfZOOTlTew^ioT stock ] *Cattle: Salable 3.500*. total 3.600; calves: ' Salable and total 500; fed steera.and year- J tags fairly active, strong to 25 higher. . spots up more on good to near choice Tots. ? [•d heifers shared upturn on steers; cowa •o good grades.-'vealers and_calves •**«*£ »• stockers and feeders unchanged: a few toad* i, of strictly good to choice medium w*U« ;• steers 12.00-25: medium and good grade* .; mostlv 9.25-11.65: several loads 01 _,* _.„ hitters 10.30-11.00: butcher cows... 6.00-7.50. odd beef cows upward to&OO; , veiler top. 12.50: .a tew loads of good to^ sares"askmg~hIgheF; 'best tef'lLnto^bejJ.'-? above 10.63. i . . Fryers, white 1% to 2VI Ibs. fryers, white IV, to 1% Ibs. Fryers, colored IK to 2 Ibs. Fryers, colored 2 to 2% Ibs. Fryers, colored 2% to 3 Ibs. [toasters soft-bone 3 Ibs. and over Stags Capons Guineas, young Ducks, white Pekin young. 4% Ibs. and up Ducklings, all others Geese, young . Squabs over 1 tb. each Turkeys prime No. 1 torn* 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 4% Ibs. Eggs Rabbits, old No. 1 large white No. 1 medium No. 1 small white No. 1 large colored No. 1 medium colored No. 1 small colored .20 .20 .21 .21 .19 .06 .20 .20 .13 ao O5 .30 it .10 .13 .05 .19 .17 .15 .17 .16 J5 hogs 14.000: total 17,500; opened fairly active 10-15 higher than Monday's average, later trade around 5-10 lower than early: top 8.20: bulk 180-240 Ibs. 7.90-8.20: 240-270 fb. butcher mostly 7.80-8.00; 270330 Ib. averages - - - packing sows. 400 — — 550 Ib. kinds mostly 6.75-7.00. Ks-SMS&Bf-i „ ,u. ««.-. ™_Uy 6.75-7.00. -. / Salable sheep 8.000: total 8.000: late j, Monday fat Iambs closed active, mostly •$ 15-25 higher: bulk good to choice 82-101 j Ib. fed westerns 10.65-85: top 10.85 freely:. J to shippers: several loads 102-106 W':;:^ 10.50-60: few 95 Ib. yearlings 9.00: oddus lots slaughter ewes 6.00 down: today s trade, early trade on fat lambs moderately active, around 10 higher; other lambs held for more advance: four loads good to jnoic* around 90-97 Ib. fed western lambs 10.85_ other rood to choice handyweizht —•" LOS ANGELES Chi & NW cv 4*s 49 16 1% 1% _.. Columbia G 5s 52 May 6 104% 103 X 104 Comw Ed cv 3%s 58 17 115 115 115 Con Edis 3%s 48 20 105H 105% 105% Cuba No Ry 5%s 42 3 16% 16% 16% D & R G 4s 36 13 7Ti 7% 7H Duquesne Lt 3%s 65 1 108Vi 108% 108% Gen Stl Cast 5%s 49 7 86 85% 85% Goodrich 4'is 56 3 105 105 105 Gt Nor Rv S%S 52 25 106 106 106 Hudson Coal 5s 62 A 17 27 26 H 27 Hud & Man rfg 5s 57 9 46% 45H 46% III Cen 4Hs 66 14 ' 39% 39Ji 39% Interlake Iron cv 4s 47 7 97% 97% 97% Int Hydro El cv 6s 44 8 46% 46 46% LOS ANGELES, Feb. IS— (UP)— Butter: Extras 33. prime firsts 32, standards 31H, undenrrades 30. Large egg: candled light , standards 20. candled light dirty standards 19. candled checks 18. Medium eggs—Candled extras 19, candled light dirty extras 18. candled clean standards 17. candled light dirty standards 16, candled checks 17. Small eggs—Candled extras 15%, candled light dirty extras 15. case count 19. Western cheese—Triplet Daisies 16, Longhorns 1614, loafs 17. might b,e affected farm plan. by a revised 18% 81 Int Pap 5s 47 Int T & T 5s 55 K C Term 4s 60 Loews 3%s 46 Louisia & Ark 5s 69 M K Tex 5s 62A M K T 4%s 78 M K Tex 1st 4s 90 M K Tex 4s 62B Mo Pac cv 5%s 49 Mo Pac 5s 77 Mo Pac gen 4s 75 Natl Steel 3s 65 NYC rfg 5s 2013 NYC 4%s 2013A 13%' 13 26% 12* 13% r 4 61 54% 8% 10% 1% 8% 99% 31% 5'i S*. 54 ii 6% 2?" 2% 954 17* 165 27i Pictures 1 pf .SO 139% 139% 139V4 Vanadium Corp I 1 Vick Chem 2a Walgreen Co 1.60 Walworth Co Warner Bros Pict Warren Bros tWarren Bros cv . Waukesha Motor 1 Wesson O & S %e West Auto Sup 2 West Union Tel le .40 137% 13744 137% pf 11% 4% 274 3274 274 2H 5% 1% 6% i* _ 3% .10 121 1 37% 1 29V 2 18% 3 2 3 1 8 14 2 S 1 3 1 11% 4% 2% 3274 2% 2% 6% 3% 29H 18% 2 10SH 10SH 10SJ4 2 11% 4% 274 3274 2% 2% 5% 1% 6% i* 12?* 37% 39% 18% 3 16', 3 3 . 16% 16% 1 102% 102% 102% 1 39 39 39 1274 12S 12% 27% 27% 27% 14 14 14 - 110 110 35 35 50 «i 3% 31U 35 Gen Motors \g Gen Out Advert Gen Out Advert 2k Gen Ky SisnsJ >e Gen Refract lUe Gillette Saf OD Gimhel Bros 39 5 3 .50 131 45 42 4 41% 12 24 15* 50% 3% 35 81$ 81$ 131% 131% 50 31 34% Iraham-Palce Mot Granby .15g Gt Nor Ir Ore ct 1%< ;t Northn Ry pf H« Gt West Sue 2 Greyhound Corp la Hayes MfE iecker Prod .60 tHcrcules Pow pf 6 Holland Furn 2a lomestake Min 4% jud Bay M&S n2e Hudson Motor 3upp Motor niinnls Central [U Central pf Indust Rayon' •-Rand l%g 2 1 5 10 25 1 ! 4 1% 474 13% 4 41% 12 24 3% 5% 174 12 60 13% 3 3 12 3 6 5$ .3 6 %- . 3 27 1 42H 1 20% 15 4% 11 3 pt 1 8 2 15% 1 17% 3 25% 7 19H Westing Air Br Vig 3 19% West El & Mfg Ig 10 92 Wheeling Steel 2 25% While Motor 6 13 White Rk M Sp 2 5% Wllcox Oil & Gas .10e 1 1H Wilson fc Co 64% Woolwth (F W) 2.40 25 30H Worthington P & M _4 17% Yellow Tr£Cl%e 9 13 Vi Youngst Sh & T IVie 19 33% Z 27 42H 20% 4H 2% 7% 27 42H 20% 4% 25 19% 91% 25% 13 5% IK 4% 30% 17% 13% 32% 15H il* 19% 19% 92 25% 13 5% 1H 4% 30% 17% 13% 32% 2 13 13 13 Zenith Radio le SALES STATISTICS Active stocks Inactives Total today Previous d»y Week aico Year ago Two years MO Jan. 1 tfl date Year ato Two years ago 0 315,000 8,050 310,050 356,720 413,420 807,860 488,380 1»,244,405 25,608,001 35,050,088 U. S. Bonds * 41 3»is 47-43 2%s 47-45 3s 48-46 2'Js 51-48 TREASURY Sales In 11,000 Hlih 4 102 102 law Clow 102 1 106.26 106.26 106.26 3 108.2 108.1 108.2 2 109.24 109.24 109.24 . 1 108.1 108.1 1 105.9 105.9 6 107.2 107.2 108.1 105.9 107.2 15 103V4 103% 103% 129 40% 39H 39H 7 108% 108 108 5 104% 104% 104 7 84% 84Vi <" 13% 13 26 B 8 19% 104% 104% 62H 62% ill ** 55% ^ 35 10 29 1 24 9 104V 63% 57% 68% 56% 78% 68% 78 NYChiiStl 5%s 74A 2 NTCW&StL 4%s 78 17 Pen' RR 4%s deb 70 71 91H "M^ 91 Pen RR gen 4%s 81 17 102H IplH 101H SgPcfW-* 1 "«* 388 $» ^kL a d k 4 5 %s S 56w,v 1 g^%^%^i RepubHcSteel 5%s 54 10 103% 103% 103% Ripubl c Steel 4%S 61 38 104% 103% 104% Richfield Oil 4s 52 3 106 105% 105% Socony-Vac 3s 64 4 105% 1Q5H 105% Sou Pac 4%s 68 Sou Pac 4%s 81 Minneapolis reflected the action here, closing 1-1% higher for wheat, while Kansas City finished with an advance of a cent. Winnipeg closed Vt cent higher. Corn stiffened after the deferred contracts had sold off as much as % cent. May was in good demand most of the day because of the cold weather which was conducive to heavier feeding of livestock. Cash demand was fair. Sales by shippers were placed at 100,000 bushels and bookings were around 60,000. After a setback to the lowest levels in about two months, soybeans developed a steadier tone, attributed partly to the upturn in grains and lard. Oats were steady and rye dull, but generally higher. Lard was firm on buying credited to short covering induced by colder weather and smaller receipts of live hogs. Range of prices on grain and provisions exchange follows: WHEAT: May July CORN: May Tul3 Candled clean extras 22. ;t dirty extras 21, candled clean 1.000: storm . w TStST eSS lKis-5^ bulls m«ar -- - • • very limited run; bulk 25 higher on ^J U1K11C1 "»» "-»J .—...—— --- . r ^A*m steers unsold, however medium grades 10-15 higher; spots up 10-15 on good to - ge choice offerings/but mainly strong market . on steers with instances 10-15 lugner. 7 b. averaes. topped .00. best . choice and prime 1.267 Ib. averages. topped 9.75-13.00 . a .: arly ... yearlings around 14.25; shipper demand. at 15.25: most e . sales . not especially broad: mild, upturn on medium to good grades going on local account paid under protest: most fed ; Poultry prices—Hens, leghorns. 2Vf- to 3V4 Ibs. 14: over 3Vi and Ibs. 14: over 4 Ibs. and up _. _ colored. 4 to 5Vi Ibs. 21; over 5H Ibs. and up 20: broilers, 1% and up to 1% Ibs. 19: over 1% and up to 2% Ibs. 20; fry. leg- J?: to 4 hens. horns, over 2Vi and.u ored. 2% and up to p t 3% —. .... fry. leg- to 3 Ibs. 15; col- Ibs. 16; colored . over'3%"andrup't6"4Vi"lbs. 17; roasters, colored over 4% Ibs. and up 18; stags, colored 14: old roosters, colored 11; leghorn 09: ducklings, Pekin, over 5 Ibs. and up 19: under 5 Ibs. 18; old ducks, white Pekin. 08: geese 15; 14 Ibs. and under 20 I! torn turkeys. 20 Ibs. and up 12; young hen turkeys. 9 Ibs. and under 11 Ibs. 16: U Ibs. and up 16; old hen turkeys 11: old torn turkeys 11: capons. 6 to 8 Ibs. 24: over 8 Ibs. and up 24: --• — - -•• — •" ibs. 16; 44% 44% 44 44 3 44% 44 Utah P4C 5s 44 8 103% 103% 103% 4 T c % Young S 4 T cv 4s 48 n 102% 102% 102% rabbits. No. 1 white 3% to 4% Ibs. 16; mixed colors. 3Vi to 4% Ibs. 13; rabbits, woolley 06: No. 1 old 06. CHICAGO CHICAGO. Feb. 18—(AP)—Butter, receipts 785.862: steady: market unchanged. Eggs, receipts 15.860; firmer; fresh graded, extra firsts, cars 16%, firsts, cars 16. current receipts 15. dirties 13%. checks 13%: other prices unchanged. Poultry live. 33 trucks: steady to firm: hens. 5 Ibs and under 19%. leghorn hens 15: geese, over 12 Ibs. 14; other prices unchanged. heifers 9.50-11.35: cutter cows 6.00 down. weighty sausage bulls to 8.25 and cho!« vealers to 14.00; stock cattle scarce at 9.00-10.50. _ IDS AJTGELES LOS ANGELES. Feb. 18— (Federal-State Market News Service)— Hogs salablesup- ply 400: steadyr medium to choice 170-225 Fb butchers 8.35-9.00: top 9.00 on load 2M Ib. Utahs: off weights down to. 7.50; padt- to ?;a"le S saiabV550; steady: few common steers 8.00-9.50: good fed .steers quoted 10.75 upward: load fleshy feeder steers 1015- few good heifers 10.0: some held higher: othefs 9.00 down: sows 7.00-75: Kood lackiiwr. canners and cutters 5.00-6. <o: bulls 7.50-8.50; Monday fed steers 10.2511.00: fed Mexicans 9.50: fed heifers to 10 C^es° P saiabfe 8 2i8: steady: odd vealers ' to 13.00: choice quoted around 14.00; few Sheep salable none: good to choice woled lambs quoted around 10.75 and good wooled ewes to 6.75. DENVER DENVER, Feb : 18 - (USDA>- Cattle: BATS May July ifJYBEANS: Open " .78-78% .73-73% .73%-% .59%-% .59%-% .58 Ti High Low dost .79% .74% .74% .78 .73 .73% .79-79% .74%-% .74%-% .60% .59% .60%-K .58% ".58 %, 7T- 39 KANSAS KANSAS CITY CITY. Feb. 18— (AP)— Eggs. . . 14%: current receipts, 13%; other prices unchanged. Carloadings NEW YORK. Feb. 18—(AP)—Revenue freight cars handled on railroads reporting today for the week ended February 15 In- Salable and total 800: calves, salable and total. 100: nothing done early on carlots: scattered sales small bunches steady: few cows 6.50-7.25: few ranners and cutters 5.00-5.75: bulls 6.50-7.00: vealers 13.00 down: few stocker and feeder steers 9.5ft; 9.75: mixed stock calves 11.25: late yes-. lerday. top beef cows 7.75 and best tea he Hogs: 10 si?abIe 900: total 1..30o!' f'airiy active, generally around 10 higher, •gooor and choice 180-270 Ibs. 7.60-7.85; early top 7.85 to small killers, but many lots held higher: 270-300 Ibs. 7.35-763: .welSts around 340 Ibs. 7.00: good and choice 160180 Ibs. 7.50-7.83: sows 6.25JS.75. Sheep: Salable and total 2,7TX^ frucked- in lambs opened fully steady at <t.40-10.60; no carlots sold, asking strong to a shade higher or 10.40 freight pa!J. or above, talking around steady: 2 Ioi-!s ewes 5.75. memo: sorted at 3.75: native swes 5.50down: few trucked-in lots feeding lambs 9.50-9.60. :' eluded: .34 .30% .34 .30% .34% .31 .30% .89%-% .86* -86 .42% .44% May July RYE; May July Sept. LARD: Mar. May July 6.45 Sept. 6.62 BELLIES: May .90% .86% .42% .44% .45% .89% .85?, .41% .43% .44% 6.15 6.17 6.15 6.47 6.65 6.45 6.60 .42% .44% .45% 6.17 6.30 6.47 11.00 Ches. & Ohio Erie Nickel Plate Pere Marquette Illinois Cent. New Haven Rock Island Frisco Gt. Northern Northern Pac. Burlington Norfolk & West 27.992 N. Y. Central 90,875 Southern Rwy. 42.065 Southern Pac. 39.196 St. Paul 28.796 Wabash 16,558 Brazil Ss 41 Canada 5s 52 Ger Gov 5%s 65 Ger Gov 7s 49 Italv 7s 1951 Tokyo El Lt 6s 53 FOREIGN BONDS 19 6 5 6 79 19 98% 8% 11% 44 47% 1ST4 98 8% 45 H 47 60 17% 2 2% 2M .101:!% 12!% 1 26% 26% 16% 23% 21 U 11% 2% Incer-Rand V. Han-estrr 1.60 Hydro-Elec A Mer .Marine Minlnc -40e Nick Can 2 7' S 6 20 4 1 1 26% 46% 16% 23 99 79 * 48 1% 3K MH $% 3 Z 6H 79 79 9% 9% 774 8 147 147 47 47 1% 1% — 7% 3H Int Paper iSterst Dept Strs .ISg 1 T-..«I Tea 2.40 J 2% 40 7% 3S 24 11% 58 \ 2 6 11% 40.. 40 tiniv Pict 1 16H 16>i 16H Walker Min 3 rf .H .11 West Air Exp 1 4 4 « WriEht Harg 5 4H 4H 4K CFBB DOMESTIC BONDS gales In (1,000 High Low Close tf£tf.%* S'if'&VS!* fey^.% V" ^'T?* cmes Ser Is SO 24 81H SIX 81% G^d?n L C»t5? | £ |* |* SISSK8I? =]|| | 15 Nevada Cal E 5s 56 22 92V 92% 92% Pen Cen P&L 4%s 77 18 104J. 104W 104\ Scripps 5VsS 43 1 100?i 10014 100^4 SocSt? G Cal 4%s 68 ••M* shrdlu nuun Stand G & E 6s 51 IR 77 % 77 77 J, Stand P & L 6s 57 11 77H J7 77!i Starrett Corp 5s 50 5 22 22 22 Tev Fl S 5^ 60 4 106% 106H 106H Tex P & L 5s 56 2 107% 107% 107% Unit L & P 7s 75 7 86% 86 S6Vi West Newip Un 61 44 2 64% 64 64 CURB TOREICN BONDS 531511.5:%^ 1 »5 «H 24^ 3s 55-51 11 110.11 110.4 110.11 2Us 53-51 1 103.5 103.5 103.5 2'/4s 60-55 29 107.28 107.18 107.28 2>is 65-60 5 107.17 107.11 107.17 FEDERAL FARM MTG. 3s 47-42- 15 102.18 102.18 102.18 HOME OWNERS LOAN 2%t 44-42 2 102.19 102.19 102.19 3s 52-44 5 106.24 106.24 106.24 3s 52-44 reg 4 106.22 106.22 106.22 3s 80 S3 100U 100% 100U Treasury Receipts WASHINGTON, Feb. 18— (AP) —The position of the treasury Feb. 15: Receipts Sll.022.398.63; expenditures S45,- 939.188.72: net balance Sl.956.953.742.33; working balance included 51,214,053,986.09 : customs receipts for month $15.673.607.05: receipts for fiscal year (July 1) S3.503.3SS.7T2.13: expenditures 56,887,870,991.84: e.\ces« of expenditures 53,384,482.219.71: cross, debt 546,041,816.690.31: increase over previous day 511,784,848.82; gold assets 522,131,899.510.51. Cash Provisions CHICAGO. Feb. 18— (AP)— Lard tierces 6.07: loose 5.32: bellies 11.12. /-*• \ H 1 Exclusive LottOn Market Repnblto Dispatch DEFOKXS received Irom the V. S. Bureau of Agricultural Eco"• nomics place the premium* offered on PREMHTM-STAPLE COTTON as noted below. Premiums were compiled from prices at which cotton is actually sold, and lengths are described to conform with the official standard of the United States. New Orleans middling 10.25. Staples based on March futures. Strict middling inch 60 points on; 1 1/32 Inches 80 points on; 1 1/16 inches 115 points on; 1H inches 315 points on. Demand fair. NEW YORK NEW TORE, Feb. 18— (AF)— Buyers of cotton futures were forced to bid prices up 4 to 11 points today in a market only thinly supplied with contracts. P M,^~ T7i,fii.- A <. (Furnished By E. F. Button * Co.) UOttOn r UlUreS (Member of New York Cotton Exchange) New York New Orleans Open High Low .Close Open Close January 952 9.61 952 9.61 9.56 9.64 March 10.23 10.30 10.22 10.25 10.29 10.29 Mav 10.20 1027 10.19 10.21 10.23 10.25 July 10.06 10.13 10.06 10.07 10.09 10.12 October 9-59 9.67 959 9.66 9.62 9.68 December 955 9.65 955 9.63 1 957 9.66 Liverpool in Fence Open Close ... 8.15 8.23 8.23 8.24 8.24 8.25 8.25 820 8.19 ... 8.16 Eastern Carrier Issue Planned WASHINGTON, Feb. 18— (AP)— The Interstate Commerce Commission authorized the New York Central Railroad today to issue $10,900,000 1T4 per cent equipment trust certificates. The certificates will be handled by the Irving Trust Company, New York City, as trustee and sold at 100.054 per cent of par and accrued dividends. Goodyear Votes Extra Dividend AKRON, O., Feb. 18—(AP)— Goodyear Tire and Rubber Company directors today declared an extra dividend of 25 cents a common share in addition to the regular 25-cent payment. .Both are payable March 15 to February. 21 stockholders. Earnin NEW YORK, Feb. 18— ( o?atlon P)— Lone Star Gas corporation and subsidiaries reported today for 1940 net income of $6,453.731. eaual to S1.17 a common share, compared SSlhSS 402.871 or 98 cents a share, in the previous year. McGraw Hill Publishing, comply reported CHICAGO CHICAGO. Feb. IS— (AP)— Cash grain: wheat No. 1 hard 85; sample grade hard Corn: No. 3 yellow 61Vi-63«.: No. 4. 57*1-59%: No. 5, 55K-S7tt; sample grade rade - white 55%. Oats: No. 3 white 36; sample gn white 33%: No. 1 white heavy 37%; No. 35%. Barley malting 51-66 nom; feed 42-52 nom. Soybeans: No. 2 yellow 91%. Field seed per hundredweight nominal: Timothy 4.00: alsike 9.5IM2.00: fancy red top 7.50-8.00; red clover 8.00-10.00; sweet clover 3.50-4.00. MINNEAPOLIS MINNEAPOLIS, Feb. IS— (AP)— Wheat receipts' today 42 cars, compared with 218 a year ago. Trading basis unchanged. Quotations one cent higher. Cash: No. 1 heavy northern 8114; dark northern No. 1 SO*. No. 2 79X. No. 3 77%78%: fancy No. 1 hard Montana 84X: Minnesota-South Dakota No. 3 dark hard winter 7831 -79?i: hard amber durum 71%76 li: No. 1 red durum 72-73. Corn. No. 3 yellow 52H-54X. Trading . . . basis H cent higher. Quotations lower to 1 cent higher. Oats. No. 3 white 31Ti-32H. ^Barley. 39-56. Rye. No. 2 46'4-50«4. Flax. No. 1 1.72-1.78. Sweet clover seed, 3.50-75. Range of prices: Hlih Law H cent WHEAT: Mav July Seotember CORN: Mav. old May. new OATS: May July RYE: Mav Julv FLAX: May Julv September .77T4 .76 .7354 .54% .30% .30* .39% .40% 1.68% 1.6S% 1.61 .74% .54 ^i .54% 1.71 1.69% 1.61 «i Feb. IS 33.719 27,437 18,209 12.772 34,532 24,536 25.176 14,665 12,625 9.205 24.016 PreT. Week 32,378 27,169 17.856 12.523 33,072 25.476 24,736 14.160 12,486 9,233 23.721 27.363 88.882 41,932 39.185 28.652 16.164 Year Ago 30.358 21.409 15.087 11,278 30.185 18.304 22,471 12.450 11.049 8,532 22.096 23.342 73,432 34,611 32.818 25,289 13,816 Wool Market BOSTON. Feb. 18—(USDA)—A fair de mane existed In the Boston wool market today for the finer grades of foreign wools. A little more interest was apparent also in the medium grades of South American wools. Interest in domestic wools centered largely in contracting the new wool clip. Dealers were reported to have paid 35-38 cents, in the grease, for some of the Texas wool contracts. Prices estimated at Jl- 1.05, scoured basis, were paid for some of the territory wools being contracted. Dividends NEW YORK. Feb. 18— f AP)—Directors " er corporation today voted — cents a share and - of Kennecott Copi a distribution of.— _ special distribution of the same amount on the capital stock, both oayable Mar. 31 _ to holders of record Feb. 28. In 1940 the share, ipany re. to L paid total dividends of S2.75 eluding two special distributions of 50' cents each and one of 75 cents. 0 The Italian State Railways now have 4,263 steam and 1,482 electric locomotives. WOOL TOP FCTTJKES NEW YORK, Feb. 18—(AP)—Commission house liquidation replaced an early demand from trade shorts in wool top futures today and prices finished .2 to .6 of a cent lower. Mch. 127.4B; May 123.7B; July 119.0B: Oct. 115.3B. Spot tops 127.0B. B—Bid. A descriptive prospectus will b* gladly furniahed on request by H. 6. HANCHETT Bond and Investment C*. Phon.S-lOM WINNIPEG, reb. 18-(AP)—Wheat fuhires: May Julv Cash wheat: Rich Low .77V4 .7674 .79 .78% No. 1 hard 75%. Close 77% .78% No. 1 u oc of 51 761^75 tor 1940, eoual to 52.78 a Share on 633.821 shares of no par capital stock outstanding. This compares with 1939 net profit of W.979.341. or 53.16 a Sh NEW YORK. Feb. iir'.^-f^'ll'S Railway company reported today tor 1840 nrt SSrSlV.352SB, equal to 5JL35 a common share, compared with 56,487.726. or 5X69 a share. In 1939. northern 75%. No. 2 72%, No. 3 69%. No. 2 white oat* 33%. No. 3 31%. OMAHA OMAHA. Feb. 18— (AP)—Cash wheat, none. Corn. No. 3 yellow 54. No. 4 53, No. 3 white 57. No. 3 mixed 54%. Oats, rye and barley, none. Ah- Line Railwa pc los? toWof H pared with loss ot 55,556,555 to Florida East Coast Railway company had "net loss In 1940 of 51.913.930 against loss of 52.091.032 in 1939. Eastern IlUnols Silver M day at 34 H. LONDON. LONDON —Bar silver cents). Grade Rubber NEW YORK. Feb. 1S-(AP''-Crate ™b- ber.futures c!p»d_10 to_20 Wgher^okOIch. Foreign Exchange NEW YORK. Feb. 18—(AP)—The Hong Kong and Shanghai dollars scored new gains In the tree foreign exchange market today The Hong Kong unit rose .11 of a cent and the Shanghai currency .08 ot a cent. Dealers attributed the rise, under way for days, as the result mainly of speculative action originating in the Far East. The Canadian dollar dipped % of a cent and sterling lost Vi cent Closing rates follow (Great Britain In dollars, others In cents): Canada—Official Canadian control board rates for U. S. dollars: Buying 10 per cent premium, selling 11 per cent premium, equivalent to discounts' on Canadian dollars in New York of buying 9.91 per cent, selling 9.09 per cent. Canadian dollar In New York open market 15% per cent discount, or 84.62V4 U. S. cents. Europe—Great Britain official (bankers foreign exchange committee rates), buying S4.02. selling $4.04; open market, cables $4.03. Germany 40.05N, .benevolent 20.75; Finland 2.05N: "Greece .68N: Hungary 19.77N: Italy 5.06: Portugal 4.01: Sweden 23.84: Switzerland 23.24X; Yugoslavia Latin America—Argentine official 29.77, free 23.60: Brazil official 6.05N. free 5.00N: Mexico 20.70. Far East—Japan 23.48: Hong Kong 34.69; Shanghai 5.89. , „ . (Rates in spot cables unless otherwise indicated. N—Nominal. X—For com- ImjrcUl ttanuctiooi.). Income Property Now Paying 4V2% Net Is Available for Investment or Future Building Requirements . . . Because owner has recently acquired larger property this choice downtown site is now offered for sale. The southwest corner of Second avenue and Van Buren street, approximately 150 feet on West Van Buren, and approximately 137y s feet oh North Second avenue. This is a well located quarter of a block on the most important and heavily traveled transcontinental highway, and in the center of much wholesale, retail and business activity. Part of this corner now leased to a major oil company on long-term lease and balance of property also rented to same tenant. Present income from this property is $3,420 per year. 1940 taxes were $1,369. All street and other assessments completely paid. Priced low to sell at $45,000. Income now is a return of 4% % net. The Above Property h An Excellent Site for Future Building Reqmrementt TERMS can tw arranged for H little a* 30% cash, and balance at 5% interest to be paid in »nn"»1 installment* of 15% of the purchase price. If 50% or more of the purchase price b paid, balance can be handled on- straight mortgage at 5% interest. SH Your Realtor For Complofo Dofails

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Publisher Extra Newspapers

  • Exclusive licensed content from premium publishers like the Arizona Republic
  • Archives through last month
  • Continually updated

Try it free