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The Brooklyn Daily Eagle from Brooklyn, New York • Page 35

The Brooklyn Daily Eagle from Brooklyn, New York • Page 35

Location:
Brooklyn, New York
Issue Date:
Page:
35
Extracted Article Text (OCR)

35 BROOKLYN DAILY EAGLE, NEW YORK, FRIDAY, JUNE 19, 1931 ISales Dlv.ia. 100 shara Jots shara Jots Curl) Bonds 2 45 Ticker Nat chge. 1931-, High Low Stock High Information for Investors Shares on Curb Move Unevenly CURB EXCHANGE 2:43 P. M. TICKER PRICES Kolster 2 1 Standard Leads To End Gas War In California ::4.1 p.m.

DOMESTIC Balea In BONDS gl.nflO Hick Alabama 4'A'S7. 20 99 Low Ticker By P. M. BUISGART- Vt- Vi KA'4 SB H'i SOVi Ala Power 5 '68 104 104 104 In Dull Session ti'-i 20'i Vi 30 U. 8.

Steel 2)i4-14 Vi 30 See Later Edition for Closing 104 104 10444 Important I have been considering adding some U. S. Steel common stock; to 95' Bft S' RA fv4 9 s9 103' 103' 103' ISates Fluctuate Uncertainly Over -1931 Dlv.ta 100 Prire Cut -Also Raiso Watzoii Co nts 2:45 Net Low Ticker chge. Tank Oil Narrow Range in Aluminum '53. AlumlnumLtd 5'48 Am Com Pow 6 '40 Am Am Am Rad 4 '47.

Am Roll 5 '48. Appal Oast Appal Oas '45. Ark PowiLto Asso Elec 4 "4 '53 Asso GAVE 4' 18' '4 11,2 Vi mo 100 100 74 74 74 6 Lef court 1.60 4 19 Lefcourt pf 3.. 1 Leonard Oil 7 29 I Lt .60 I 4 "4 MarMarrStr 1. 2 Magdalen Byn.

2 1 Mavis Bott 2 8Vi 1. 2 78 Mead John 4e 2 8' Mem Nat .60 2 20 Merc tlle St 1. 2 Metal 2 2 MldBtPet A. 5 MldStsPet B. 5 14 MldWU 8s.

20 my other investments and would like to get your opinion about lt. Do you think this Is the right time to buy It? F. L. A. There are many angles from 5 Price B4'4 E3' BS' a Featureless Trading 4' 44 '4 44' 100 100 100 The curb market was again ex 89' 89' 89' Inquiries' concerning Investments in stocks and bonds should be sent to Information for Investor, Brooklyn Daily Eagle, 28 Johnson Itrook-lyn.

All Inquiries must be sinned with the name and address of the writer. All questions will be held In strict confidence. Stamped envelopes should accompany Inquiries because It is Impossible to answer all la this column. 70 70 70 Vi 2V4- i 14s 80 Vi 84 23 1 2Vi- Vi Vi- Va 18 Vi 201i-l 4'4- Vi Vi 5'i Vi 3Vi- A 12 25 1' 36 117 6' 14 113 12 30 274 4 1' 25 35 11 10 11-16 5 39' 6 28' 21 19 84 Vi 80 1V4 68H tremely dull and mainly Irregular today. Stocks for the most part moved over a limited range, with 2Va 14Vi 8 8Vi 23 1 2Vi 4 16'i 20li 4Vi 5Vi Vi 3' 4Va'49ct IS Asso 5 6 74 which to view the purchase of U.

S. Steel common around present levels of 87. At the moment the stock is declining. Various factors suggest that this movement may continue for a time. The first quarter income statement showed only a few cents a share earned for the Va 30 7 Vi 2'4 14Vi 8 8Vi 23 1 2Vi -4 10 204 4'4 Vi 5Vi Vi 3Vi 29Vi 314 18 17 lOVi 30 7BV4 14 MldWStaU 1.

2 the tendency somewhat toward the San Francisco, June 19 Tha Standard Oil Company of Califor nia, taking the lead to end the California oil price war which has continued since February, eflectiva this morning has advanced tank, wagon gnsollne price 5'4 cents a gal-. Ion to 13' i cents in San Francisco 68' 7S 78 72 30 84 Vi 99 71 '4 68 74'4 74V4 71' 30 84 Vi 99 down side. There was little decl PS' 95 13 15 l'4 lVa 7 414 7 l't 13 24 56a 354 10' 30 ASSO '50. Asso S3( Asso SlmmH 633 Asso Tel Ut 6 Vi 44. BaldLocWks5V433 Bell Tel Can 6A'55 sive about the course of stocks, 3 Mo Kan L.

'4 Mo KPLlB. 4 Miss RlT rts. Vi Moss Gold M. 3 Mtn Prod 1 91 however, as they fluctuated aimlessly first In one direction and then common, the second quarter will 108 108 108 Bell Tel Can SB'57 IS 1064 108 ion1 In another. With few exceptions BosetMe RR 4'61 2 High Low Block share lots High 82'A AfflllatedP 1.60 4 WA 4 AllledMllla .60.

1 6 224 90 Aluminum A 101 109H 85'i Aluminum pf 1 95 60 14 AlumLtd A wl. 13 60 14 AlumLtd wl. 15 2 Am British 5 l'i 6 14 Am Capital B. 3 IV-i 10 6 105 7 17 10' AmCom A108 4 UMi B'4 3 Am Corn .15.. 3 6'-s Am Cyana B.

2A M4 5 1' Am Dent. Sti-t 1 2 7Vk 8 Am 4 4 81' 11 13 134 6 2H Am 2 2'4 97' 48' Am II. 15 67H 54 2'i. 2 354 l'i 'i Am Maracalbo. 2 a 19 Va 8 AmBupP .40.

21 10'a 6 17a B. 7 2 6 1 AmYvette '4 1 2T4 6 3' AnchorPP 1 3 8V. 4 Appalachian U. 7 4' 8 Ark Nat Gag A 12 3H 7 5 Mi ArkNOas Of .60 23 3i ISMi AssoGi-E A it. 8 i 89 'i 64 pf 6..

HO 91 67 'A cU 8. Hfi ibM -n AssoTelUtll 88. I 14" 6'4 Atlas Plywd 8. 1 'i 8 3 Atlas Utll 8 5 10 AutoVMcn pf-. 1 8 9414 94i 94'4 probably be no better and this report will not be available until lata in July.

At the same time orders Some people have recei.tiy been 5 9 5 Vt 13 -1 15 1 14- Vt 1V4 7 44 Ji 2 4 134 66V-lVi 35" i Vt Vn 1014- Vt, 2 2'xa 3 Va 4 1s 3Vi- Vt IfiVi- 79 1 h3li l'i 23 V- 8'S A 6 10714. 107V, 107'i 2 2 2 2 2 5 9 1 5 4 2 1 2 buying U. S. common on tne phllo 101 101 101 are declining, operations are declin sophical ground that they are quite 5'55 Can Nat Ky 4 '58 Can North Ry 7 '35 Caro PowftLt 5 '68 Cent III 5'51. 1094 109', IO9V4 certain that some time in fu 10414 1 04 '4 104Vi Vi 3Vi- Vi 18 17 lOVi 30 60 Vi 130 -3Vi 28 Nat St 6 1...

3 Nat Fam 16 Nat Fuel 1 12' Nat 8 A 1.60 15 NatShTerm Vi! 27 NatSURNJ 2. 68' Nolsner Br pf 7 New Bradfd 28. 130 8. 96 syt 96 CenlllPb 8v4'61 Cen 111 Pb 8v 5 '68. 93 101 29Vi 3Vi 18 17 mi-i 30 00 Vt 130 115 lov, IVi 1 Vi CenPbSv 6 14 '49 ww 10 72'A ture, even if lt does no Jown 20 points more now, they nill oe able to get out even or better.

The stock has sold below 75 In only one year in the past decade and trust was in 1921; although, In this connection, 130 141 cent St El 6 '48. i ing and will continue for a time probably. The current dividend of $7 a share is not being earned and probably will not be this year. Prices of steel products have shown only one slight tendency to improve. On these facts day to day traders are not inclined to buy and are more inclined to sell, hence lower prices.

115 115 Va 118 113 NYTel pf Cent sta El '54. 4 93 101 72's 5914. 6I'4 66'4 92 72 80 10ii- Vi S914 6114 6614 92ft 10V4 2Vt 3 4 3V-4 rl 4 79 3-i 23 8'a 4' h4 93 101 7214 59'4 61 '4 s'4 92 '4 72 80 88 65 65 IVi- account should be taken of the fact 1 IVi 1 4 15 9 Nia Pw .40 44 8 1 NlaHudP A WB. 10 2 NoAmAv A ws. 3 2 Europe 2 Cl that a 40 percent stock dividend Vt 72 80 86 68 was declared in 1026.

Those who buy stocks at what thev io It is possible of course that one should not place too much emphasis and to 13 cents in Los Angeles. The company also has raised Its crude oil repurchasing prices 20 ta 40 cents a barrel. The company Issued the followifid statement: "The Standard Oil Company of California announces an advance lit prices which it will pay for purchases of crude oil ranging from 28 to 40 cents a barrel on the average), grades of reflnable crude. Company also announces an advance of 5'i' cents in tank wagon price of gasoline to 13 cents in Los Angeles and 13'4 cents a gallon in San Francisco Including 3 cents State tax. Prices at all points supplied from California will be on an equivalent basis.

Both increases are eflectlvs) June 19 at 7 a.m "These crudo oil prices apply only to crude oil produced In accord- ance with the allowable quantities' sot by California Statewide Curtailment Committee. The company' action is intended to point the way to end the most disastrous economic brenkdown ever experienced bjr Cnllfoniia oil industry and to remove a serious menace to the economic welfare of the community." 64'4 6314 66 Vt 65 64ft 63ft 66ft 72ft on the record of U. S. Steel and think low levels for long term holding take a different viewpoint. They recall that in the past three years U.

S. Steel has earned about $42 V- 6314 fi' 73H consequently the markrt value of Its 7214 stock during the past ten years be 105ft 105ft 10514 104ft 104 104ft cause it represented a period of 10 13 Benef Ind l'. 1 I3 4 13. 134 6 3 Blue Ridge 2 3'4 3Vi 34 38T 27 BlueildR pf 3f. 1 31 31 Vt 31 Vi 28' 12 -14 Brazil Tr 8S.

2 14' 14v1i 14'8 Vt 6 3 Brill Co A .34.. 4 4'4 4V4 51 40 Buckeye 4. 1 45 45 45 27 25' BufNEP pf 1.60 1 2IU-4 26'-, 2BVS Vt 88ft 9flft 98ft cent St 51453 2 Ch El Gen 414A 70 1 ChlPnelTool5'V42 Clnn St Ry a '52. 2 Clnn St Ry 6 '55. 4 Cigar8trsRH549 cities serv 6 'so.

20 Cttiaa Service 5'66 1 Cities 8 Ga5l4'43 1 CltiesS 5V452 4 Cleva Elec 7 '41 1 Comwlth Ed 41457 4 4 81 1 ConsGas Ut 6A '43 2 Consumer 4 '58 10 Cont 5 '56 4 2 Det City 6 A "47. 2 Det City 6 '50. 2 Dixie 1 East Util Inv '54. 8 Elec 5 2030.. 4 Fed Wat Srv 5(454 FlrcstoneTitR 6'42 2 Fla 8 '54 2 Gatlneau Pow 5'56 11 a share and paid out only $21.

They argue that even if the $7 dividend is not earned this year the company would be Justified in pay 67 64ft 67 104 ft 104 104 most active expansion of American prosperity. There is a possibility that the next five years or so will see vastly changed conditions which 83ft 83ft 63ft 1027 80 OhloO cvpfn 1 82 82 82 29 26 lpfl' 2 28 i 28 4 WA Vt 28 18 PacPuSA 1.3M. 2 20 20 20 Vt 15 6 Pac West 19 6Vi 6Vt fii-4 Vi 1 Pandem Oil 3 30 26 ParkcDav 1.45e. 3 2fl't Jn 20 Vi 109' 81 ParkerRustP 3. 2 V.0'4 90V i UO'-i- V4 8' 47i PennroadCp .0 20 6V4 5Vi 5Vi Va 26 6 3 7'i 7V-i VA- Vi 4 1 Perryman Elec.

2 VA l'a IVi 1 V4 PhilllpMor Con 7 1 Vt 15 10 Phil Mor Inc A. 2 14'i 14'i 14Vi- Vi 2 7'a Phoenix See 2 VA VA VA 26 14V PlioeS cv of 3. 7 24Vi 24'i 91 65 Prudence pf 7. 70 70 70 14 8' Prudential Inv. 2 OVi OVi 9'4 36' 27 PuUHA cv pf 3.

2 28 28 28 1' Pub Ut Hd ws. 2 Vi Vi Vi- ing it. it is in strong flnanclnl 85ft 95 95 might make U. 8. Steel stockhold there was no concerted group action.

The volume again was exceedingly small and numerous Issues failed to appear on the tape at all. Some of the oils and specialties resisted the reactionary tendencies prevailing during a large part of the session. Vacuum moved somewhat uncertainly much of the time, but for the most part remained on the top side, showing a gain of a point or so at times. Humble advanced a point early in the session and others in the group were firm, while some granted fractional concessions. A.

O. Smith was up a couple of points at one time while American Cyanamid American Yvette and De Forest Radio were steady. Aluminum of America broke under 100 again. Ford, Mead Johnson, Parker Rustproof, St. Regis Paper and others were inclined to sag.

Woolworth, was relatively active around Its previous close. The light and power shares moved over a limited ranye on the down side most of the session. Changes in the group for the most part were negligible. ASK INTERVENTION Minority stockholders of the Inland Gas Corporation and the Kentucky Fuel Gas Corporation filed suit in the United States District Court for the Eastern District at Catlettsburg, requesting Intervention in the foreclosure proceedings pending against the above-named companies, both of which are in receivership. The two companies based upon their balance sheets had assets valued at more than $14,500,000 as of Oct.

31, 1930. 106 106 108ft 104 104 104 Co 2 A 91 1' Can .8 ers 'Yonder. But uncertainties of this kind must always be faced by common stock buyers. The management of U. S.

Steel is regarded as 63'4 Carlb Synd 3 68 'A Celanese pf 7 1 1H4 CenPuSA 10s condition, has improved its capital structure through the reduction to $100,000,000 of its bonds outstanding and is in a position to borrow cheaply If in the future it finds need for funds which might be depleted now. If the dividend is cut, it is figured that a logical $5 rate' would still give a yield of close to Vi 2Vi- Vi IV 73ii 1 iva 7 'A- Vt 3'4-6' 59 Vi- V4 83 61 4' 2 80 19 12' 19 68 4 second to none and it is a safe as 2 Va 73'4 11 Vi I'A 3V4 1 13 8SV4 sumption that it will meet the 87 91 63 83 61 85 88ft f8ft 79 59 86-V4 98 ft 32 91 65 83' 61 ss'4 87 8914 7914 89 86 98 384 6V4 101. 54 1 13 88 CentatEl 107s. 4 CenttitaEl ws. 2 CrStEl pi xwb.

2 Chain St Dev. 4 ChatPhA nv 1. 2 Chesab fie 1 Oatlneau Pw 6B'41 -u 120 115V, QuallOnts pf 6. 1 116Vi H6Vi II6V4 7914 6 percent at present prices. Further 59 17 problems successfully.

This short discourse does not fully cover the situation, but, altogether, it seems while Steel common does not look like a good short term uen Bronte 6 Oen Pub Serv 5 '63 13 110 5'i 110 129' 101 it is claimed thRt whereas the Bey4 9814 Gen Refracts 6 '33 f.iVt Vi 4 15 7' .80. stock has a present market value 114 Vi I V-8 24- Va OVs lll8s 32 of $87, it has a book value of $206, Gen 8'44 3 Georgia Pow 8 "67. 2 Glllete SfRat S'40 speculation now, the chances seem 20H 9'. Cities Ser 99 84 6B4 CItlesSer pf 6. 2 82 70 6 pf 6 52' 41' CleveEIU 1.60.

3 IClH 9314 Six Independent Refineries Closed Los Angeles, June 19 As a direct result of what Is characterized as a demoralized gBsollne price market structure in southern California and, particularly Los Angeles, six lnde- prudent refiners have suspended 101ft 101 3ft 93ft 60 59ft an Indication that the company is not overcapitalized. to favor the buyer, rather than the seller over the long term. Oobel.Adolph8Vii35 2 89ft II 8ft 108ft 105ft 2563 190M, Comwlth Ed 8. Gt Power 8 '46. 1 OroundOrlpSh6'44 8 15 IB 15 1 7 8Vi- '4 IVi 18 74- '4 91V l's lVi Vi Guardian Inv 5 '48 2 80ft BOft 80ft 12' 8 Com'tWatS '5 14 Reserve Bank Credit 7-16 10 Gulf OU 6 4 Gulf Oil 5 '47 8 101ft 101ft 101ft 101ft 101 101ft IVi Vt 2V4 Vi IVi 7Vi 91'4 IVi 4V4 OVs 14Vi 2Vi 1 30 93 Vi 024 40 19 IV, 9Vii Vi 3, 2 131 i 7A Vt 9 B2-4- Va 7013- Vi 40 -VA I'M -1 1V8 Vi 10 Vi- Vi 3Vs- Vs 2 'A 4'4 -IVi 134-lVi -IVi 8 Vt 9 Vi 10 3 Hood Rub 5'A '38.

2 operations within tho past nionth according to H. R. Macmlllan, pres Declines $22,000,000 The daily average volume of Fed 65 65 BB 81 78 81 79 77 77 101 2ta Cons Aircraft. 1 2 Cons Cop Min. I 77 60 13 Cont Roll 2 9' Copeland pr n.

1 57a Cord Corp 19 '4 CressonCon 04. 4 Houst 6 '43. 10 Hud Bay 6'35 4 III PowAtLt 5 '56 III PowdtLt 5 'A '54 a ll- li 1113 l4Vs-3V 2'j ident of the California Oil and Gas Association. Identity of the closed plants Is withheld for competitive) reasons, Mr. Macmlllan states, but 97ft 97ft 97ft 102ft 102ft 102ft 104ft 104ft 104ft 21' 13 15 l'i 14' V4 III PowdtLt 6 A '53.

3 1 14 74ft 74ft 74ft 7 Crocker Wb. n. 1 30 Vi 114 1 3Vt Vi 8Vi IVi 74 81 Vt IVi nvi 4V O'j 14V 2Vs 1 30 93 Vi 123 IVi 28 26Vt 13V4 5V4 4 27-i 24V 17Vi 15s Va 12 IVi 25Va eral reserve bank credit outstanding during the week ended June 17, as reported by the Federal reserve banks, was $941,000,000, an increase of $7,000,000 compared with the preceding week and a decrease of compared with the corresponding week in 11)30. Cuban Prod ws 87 274 1 Radio Prod 2 1' Kelter 2 6 2 Rel Int A 2 1 Rellancelnt B. 2 13Va 6 'a Rep Gas 6 5 1' Reybarn 3 18' 8 Roan Copper.

2 100 90 pfD6 3 IVi Ryan Pet 2 S- 81 10' SlRi'KlBPa .60 12 7 4 BaRCrPro 1.40. 7' 4 8 If. 10 SelbyShoe 1.40. 2 4 74 2' Selected 2 I'M 1 SelfdKeSt 10 36 29 Vj Shenan cv pi 31 2 92 86 Sierra pf 6 17a 'i SlKnature Hos. 15 192 111 Smith A 2...

2 15-18 So Am P. 2 29 257a SCalED pf BlVi 2 27 24 SCalEd pt CIHa 2 2374 12 So Penu Oil 1. 9 3 So Nat 2 7' 8 South'IRoy .60. 6 6 2 So Gas Utll. 10 38 19V btdOInd 2 45 23 16 Std Ky 1.60.

6 25 10 Starrett pf 8.. 2 6 Straus Rth 1 18 12 Stromb 1 6 1 Sunray OH 24 30 24V4 2.. 2 84ft 71ft their combined capacity output aggregates 13,200 bnrrels of gasoline daily, or approximately 554,400 Major Bakeries Cut Price of Bread Detroit, June 19 Major bakeries hero have reduced the retail price of bread, both white and whole wheat, to 10 cents, from 12 and 13 cents, on the H4 -pound lonf, and to 8 cents from 9 and 10 cents a loaf on the 1-pound loaf. Those making cuts were Purity Baking Company. Continental Baking Company, Ward Baking Company, General Baking Company and Gordon Baking Company.

Local chain stores have not reduced price. They have been selling lft-pound loaves at 7 and 8 cents for some time and 1-pound loaves for 5 cents. 93 2 Vt 123 IVi 84ft 8414 71ft 14 90ft 73ft 3 4 123 IVi 9014 84ft 71ft 84ft 90ft 73ft 32ft 78ft 4ft Va Dayton En, 20 Deere 1.20. 1 DeFor Radio 73ft 28 28 On June 17 total reserve bank 6 32ft 26Vt 26'8 Vi 79 2 Derb, Oil 3 credit amounted to $907,000,000 a de 13 79 98 13 V4 Vi- Vi 24 Vi 4Vi- Vi 2Vs 1V4 40 Vi 3 1V4- Vi IVi 94V4 2' 44 8' 6 3 61 6 6 8 'A 5 Vt crease of $22,000,000 for the week. 03ft 10314 103 2Vt VA 7314 II 4 314 VA 13 110 13V8 HI5- K2B 7()ii 40', 197 IV, lOVs 'a 3Va I 84 '4 13-s 8 Vt 9 Vi Vi 24 l'a 2' lVa 40 3 1V IV 31V4 2'4 37 3A 34, 12'4 ll4 17 20 Vt 3 27 6 10 10'4 Vi 3 11114 8Vs 5I-S 4 37 66 4 This decrease corresponds with an OFFERS PERU BONDS The Chase National Bank of New York, as successor fiscal agent, announces that the sum of $12,652 Is available for the sale to the amortisation fund of Oriental Republic of Uruguay external debt 8 percent gold bonds of 1915 and Invites tenders of these bonds at a price below par and accrued interest.

Sealed tenders will be opened at noon, June 30, at the corporate trust department of the bank, 11 Broad Manhattan. I03ft 103ft 103ft va 83 93 increase of $90,000,000 in monetary gold stock offset in part by a de 2Vi Vi 24', Va nvt Vt 15Vi- Vs 99 98ft 98ft 2ft 92ft 92 5 4 2Vi 24's 17Vi 15s ii 12- 1V4 25 Vi crease of $35,000,000 In treasury cur 8Z'4 93 101ft 101ft 10114 104 104 104 rency, adjusted, and Increases of $33,000,000 in money In circulation, and $3,000,000 in member bank re Va. 12 I'4. Crisis in Germany Thought About Over Paris, June 19 The worst of th German crisis i considered to ba over for the present. Mark exchangs is slowly regaining the ground lost and demands for foreign exchangs are declining.

Dollar bills are now selling at the rate of 4.23 to th dollar. Despite huge losses of gold and exchange, the Reichstags not issue margin is reckoned at over 700,000,000 marks, owing to tlon of circulation. Its handling of 10114 101 101 io'a va serve balances. 94 94 94 80 Changes in the amount of reserve bank credit outstanding and in re 10 96 94ft 66ft 86ft 94ft 96ft Insurance Companies 16 3 Technicolor 3 2 Thatcher Secur 6U 44 ToddShipyd 4. 13 6V4 Trans Lux 6 2 TrlContlC lated Items during the week ended June 17 were as follows (In million Approve New Plan For East Texas Oil Longview, Texas, June 19 (P) A plan for reducing oil production in the east Texas field to 300 barrels dally per 20-acre unit had the Indorsement of the east Texas proration advisory committee today.

The proration committee ex hv unlisted securities Dealeai Quoted 9A of dollars) Association of Mew York. 1 1:30 P. M. 66ft 'A 23Va 414 2Vi ls 40 3 IVi IVi 9V4 i.0i OVs 2V4 37 3Vt MVi 12' HVi 16Vi 20 IVi 3 27 4Vi 10 lOVi Vi 2Vi 1014 hA 5Vi 4 37 5518 94 tOVi-l's OVs Vi 214- Vi 37 -5 3Vi 34 Vi 12V4-! 'A ll5- Vi 16V-lVi 21) lOVi 06Vt IVi Vs 3 27 2 4Vi- Vi 10 -1 lOVi- vt 65 Aetna OfcS 64 69 Inc. or dec.

KlnC3 61 96ft 4ft 97 96 86ft 6.14 9sy4 97ft 9ift 92ft 91ft 81 100 the crisis has been commended. 98ft June 17. June 10 183 97 16 66ft 65 98 97 91 92ft 80ft 80 ft Rills discounted 92ft 20 Bills housht United Ptatos Dome Mines Buys 107 in 907 92ft toft Other reserve bank credit. Tolal rererve bank credit. pressed its approval at a meeting with the east Texas arbitration 81 In African Property Monetary gold stock 22 90 33 33 committee.

Treasury currency adjusted 4.R03 1.7fi4 4.758 99ft 100 106 106 65 55 Money in circulation mo etSB Ins or Alc'n 6 11 Ken Ot, eon 900 Knicker'ber 13 11 Lincoln 25 Va Lloyds Cas 5Va T4 wloyds vc 5 Hi 7 Vz Majestlo 3a ei Moryl'd O. 18 'a 22Vi Mans Bond. 70 ie 8 Merch P. SI 85 Morris Prn 100 120 Mo St L. :15 16' Nat 14 16 Nat 48Vi 50V Nat 7 8 Nat Un 82 92 New A C.

28 30 New Brun.20Va,22'a New Eng. 20 25 New Jersey'a lVa Det Aircraft a 34 Dow Chem 2.. 2 2 Dublller 1 lVa Duauesne Gas. 6 IV4, Durant Mot I) 8 KaBtSt.ft 1. 1 29 Vi EastUtAsao 2..

3 5 EastUtAsso C. 12 2 East Utll In A. 18' EduPlc pf ww. 2 3 Elsler El 8 81 Va El Ac Sh 6s230 11 El Pw Asso 1.. 2 97a El PW Asso A 1.

4 14 El 6 31 Va EmersonBr 2 I 67 Pf 8. Emp Pu 8 2 Evans Wail 25 -I'll Fairchild Avla. 1 20' Fajardo 0 Fan Bteel 3 11 Fin Co Bait 0 1 9 FordMLtd 30 Foremost 3 2Va Fox Theater A. 2 j' 14 UcnEmpCor Va. 2 5V GenThe pi.

16 4 Goldman ST. 3 3 Groc Stores I 35 '4 2'. 1 497a Humble 2'a 2 97 ImpOCan 2 97 Ind Terr Oil B. 2 22 Insul Inv 6s. 2 6 InsurancesS 2 Vt Intcon Pet ISO 35 IntClRM 2' 'i 8 Int Pet 1....

3 20 IntSupvg 1.101. 3 31 Int TJtil A 8'. 3 7Va Irving Air 1... 1 2' Italian Sup 6 7a Italian SUP ws 1 Member bank reserve balances 2 401 3 108 SS 98ft 104 UnexppfctiM ranltal Xunds, 98 98ft Oil men said some curtailment program for the new field's crude was essential for the restoration of values throughout the midcontlnent nonmember ilcpostts. 407 2 fiia 51J 513- Vi 2 2'3 2'a 2'4 2 .4 44 44 2 5a fii 5Vt- Vt 2 3' o4 3i- Vt Li 2 27'.

3 27V a 2T'ii- ig 2 48 4' 48 Vt 2 u'4 1(14- lg il bVt fi'i fii4- 14 78 OVi li'4 li3 Vs 2 24 2V4 214 15 2(1 211 2(1 Vi la 114 V- Vt 2 6Vi 6Vi i4 60 60 00 2 4 4 4 Vs 2 1 1 l-ls 2 33V4 33'8- Vt 2 2 2 2 Va 2 fli4 fli 6'i 2 4'4 413 4'A 71V3 7lVa il'3 Vi S'a 6V4 f'3 Va 2 7Vt 7Va 7V- A 25 37Vi 35 36ia I Vt Vt Vt- Vt 10 .618 6 5'g Vi 36 0'4 4 9V4 Hi a ,1 Va 103ft 104 ma ou a oas 39 1 lusulUtll Inv 8 '49 Int Pow Del 6 8 Int Pow Del 5 '57. Int Pub 8rv 4 Vj'68 7 Int Sec Am 8 1 Int ConPw 9'48 ww 1 Inv of Am 8 '47 la Neb 6 '57. 4 JerCen 10 5'47 1 Kelvlnator 6 Koppers 8 '47. 7 Leb 8ao A '26. Llbby McN 8 '42.

4 Lou 5 '57. 3 Mass Gas 5 a '46. 2 Mass Gas 5 '55. 4 Mass Utll 5 1 McCord 8 '43. 4 Mid Utll 8 Minn 414 50 Min 4 3 Nat El Pow '78.

2 Nat Pub Serv 5 '78 2 Nat Steel 8 1 Nat Tea Co 6 4 New Eng 5'47 7 New Eng 5 48 New Eng 5'60 4 New Eng Pow '48. 2 4 14 '67. 4 Niagara Falls 6 '56 1 Nelsner Real 6 '48. 2 NorlndPbSv 41470 2 4 NorOhloTriL 8'50 1 NorSta Pow 414'61 8 Power 614 '33. 4 Ohio Edlaon '60.

4 Ohio Power SB '52. Ohio Pow 414D '66 2 Okla GasilEI '60 Oswego 6 1 Pac El 414 67 2 Pac 414F 60. 4 Pac 614 O. 3 Pac Invest 6 Pac West 614 43 2 Penn 2 PaOEd5l4B'59. 20 Penn PAL 4 14 '81.

8 Phlla8urbB414'57 Phils 6 '62. 1 Pledm'tH El 61460 4 Pitta Steel 8 1 Potomao Ed 5 '55. PowCorpCan 41459 1 Pb8vNorlll4V4F8J 4 PugetSdPAL 61449 4 Queens GBK 552 1 RellanceMCrp 6'54 SafcHarWP 18 Smet Coo 4 Shaw WAP 1 8 Shaw As 8 '70. 1 Snider Pack 6 2 So Cal Edls 6 '44. 2 So Cal Edia 6 1 80 Cal Ed 1 2 So Cal Gas 6 24 35' 8V4 6' 42 6 61 22 22 377a 31 'a 89 7' 3 42 11' 11 197 67a 6 'a 18 31 'A 6 43'4 72 167a 49 9V 48 15' 33 45 11 7 3' Loans to Brokers area.

The plan was suggested by Tom K. Cranflll of Dallns, president 29 21Vi Ungerieider F. 7 4 Ud Car Fast n. 1614 7 Ud Corp ws. IOV4 4Va Ud Found Cor.

1174 474 Ud Gas 4 1 Ud Gas ws. 34 17 A 1... 2 1 Ud Milk 6 6 UdRetC 65 69 US Dairy A 6. 8 3 USUlecPw ww. 3 1 60 31 7 2 Stores 1374 5 Ud Verde Ex 1.

9V4 4 Utll Equit 78 87V4 UtllEqu pf 6' 9 6 Utll Ind 14 8 Ut l.lOf. 9 32 Vi Vacuum OH 2. 174 Venez Pet 8 4'4 Walker Va. 974 9 Woolworth Ltd. 6 4 i WoolwthLtd pt.

On the recommendation of H. P. De Pencicr, general manager of the Dome Mines, the company has purchased a sizable block of shares of the East Oeduld Mine, Ltd-a gold mine on the Far East rand which has been under development for several years and is now about to begin milling operations. Dome Mines directors believe this purchase will prove profitable to the company. 101ft 10114 101ft 98ft 98'4 S8ft 103ft 103ft 103ft 103 ft 103 103 ft 104 103ft 103ft 100ft 100 100ft 103 103 103 8Vi- Vi 5's 4 or trie independent Petroleum As Down $71,000,000 sociation of Texas.

43 ou Loans on stocks and bonds to 16 brokers and dealers by reporting 100 HO 100 I. T. T. Secures No River. 30 37 Vi 60 1 20 33 81 103 18 Northern.

Nat IOI4 101ft 101ft Hllft 101ft 101ft Interest in Ericsson 16 108 106 106 120 i Fire liu 67ft Federal Reserve member banks in New York City decreased $71,000,000 during the week ended June 17 to a new low record at $1,419,000,000. This compares with previous low of $1,490,000,000 last week and with Pen Nat P. 4V. ST's Aetna 44'V Aetna .40 42 agriculture 8b 9: Am Ali 224 2534 Am Const. .11 16 Am Equit.

9's 12 Am Home. 11 15 Am Ncwrk.l4a4"153i Am Res I. 36 39 Am 23 28 Am Surety. 50 53 Auto'btle. 24'a28'a Bal 10 11 Boston ...440 465 Bit A Ship.

100 U0 Bit Fire 9 M2 Bron Fire 44 S21 Bklyn ln 10 14 Carolina Chi M. City ot NY.218 235 Col St Fire. 7 10 Col Nat ..230 260 Con 3'i S' 90 Constitution. 3 7 Cont 274 5 7 Cont 26 28 Bagle U'-k Excess Ins. 4'i 55'a 60'a FD of 137 Firemen's.

20H 31s iremen P. 70 78 Frank 23 25 Gen 18' Oermanic. 6 8 Olen 41 43 Globe In n. low 490 540 Ot Am 24 25'i A .15 18 Halifax 15 17 Hamilton F.K'O 260 27 ,29 Farrponia. 21 3 Hartford.

50 'a 52 Hart. 8 B.55'i 60' Home 28 29 Home FM 25 30 Home S. Homestead. 16 1" Hudson In. 20 25 NY.2n'Ma Indepen'ca 7Va lOVj Ind 4 NOYICK XO CONTRACTORS.

67ft 57 97ft 67ft 58 97 ft 571, Pref Ac 32 37 The International Telephone AT Telegraph acquired an interest in the L. M. Ericsson Company, con Prov Wah.42Va 68 97 ft 100 98ft 1 110 100 97 97 trolled oy Kreuger Toll. Ivar $3,787,000,000 on June 18. 1930.

Detailed figures in nearest mil lira nvi nvi- vt 10 10 10 vt 25Vi 25 25 Vt 0 0 6 Vi Vi Vi- Vi 41 41 41 -1 lOVi 10 10 VI 20Vi 20'i 20'4 'a 33 Vt 33 Vt 33 Vi- Vt lOVi lOV-s lO's- Vi 31 3V 314 IVi IVi 114 tSalea Incomplete sea later edition far cnmnleta aalea Kreuger and F. W. Allen of Lee Higginson will be added to the 105 73 81 108 73 61 94 103 73 80 '4 94 lions compare as follows: June 17 compare as follows: Ex-Dlvldend. "Malea less tbaa UK) aharea. ttx-Bichti.

aAod Citraa. KAnd Extras In slack, elncludlng Extras, fl'ayable In Cash ar block. aFayabla 4lllh a shara annuallv. sPavable In 3" 17 13 22 60 160 13 32 98 45 94 Pub a Pub Rel 1 4 Rep Dalian 12 Rep 9 Rhode 17 Rochester A 40 St ..150 Seab 10 Secur 30 Spgtld FilM. 88 Stand 38 3'i Stock.

aPayabla when earned. mPaid last yean no regular Loans for own Doard or International Telephone I. C. C. UphelTin 103ft 103ft 103ft 'nr niit-of-town 11.

177 IT7 171 178 81 81 86 rw. rjuto saara rariicipaiing siock. rirst Merlea. Illcbs and Lowa earrled to previous close. i.z-Dlvldend and Es-Richts Fur othera 98ft 97 97 tfeaaesra irom nes ehange.

102 101 101 103's 103ft 10.V4 45 Totals tt.VO During the period covered by this Suri 1025 1125 Tran Tt tion of the building will reach only 88'4 gS'4 88ft GENERAL INSTRUCTIONS TO BIDDErlS ON WOHK TO BE DONE FOB OR TO BB KURNISHED TO TUB CITY. Of NEW YORK. Ttie oarso" or persons making a Old tor anv eervlca. work material or auppllea foi The cl-v oj Ner York, or lor auv oj Its departments bureaus or offices. Aha.l fnrriMb the aame In a healed envelooa.

to- d.ir'.eo aim me title ol too supplies, materials work or service lor wtilch tlie Is made, with his or their name or namea. and tha date or presentation to the Hrei- dent of the Board or to the head thf Department, at his or Its office, on or oe. fore the date an'l hour named in tha ad-veitisemenl for the same, at which and place the htds will be oubllclv opened ov tha President ol the Board or hend of snid Deo)tmfnt and read, and tha award ol the conTHC.t made according- to lav aa soon thereafter aa practicable. Each Old shall contain the name and piece of residence of the peraon making tte bid, and the names of ail persons interested Willi him therein, and If no other person so Interested it shall distinctly stele that 'act also that it Is made without anv connection with anv other person making j. old for the same purpose, and In all respects fair and without collusion or fraud, am! that no member ol th BORrd of Alderman head ol a denartment.

98 ft 08 ft to the base of the tower pillars. When completed, the new struc 98 ft 88 ft 87 week's figures the market, as measured by the Dow-Jones industrial average, advanced 2.50 points to 135.47. 98 ft 86ft 87 97 7ft 87 97 97ft Trans Ins. 7V Travelers a Cas'ty 44 O. 18 8 37 8 8.2SS Va M.

18 Victory i Westchstr 34 97V4 97 745 49 21 40 2bO 88 36 N. Y. Central Case Advices have been received at the Department of Justice that a specially conjfltuted court of three judges in the Southern District of New York has denied the injunction and dismissed the bill of complaint in the suit of the New York Central Securities Corporation to have annulled the Interstate Commerce Commission order authorizing the New York Central Railway Com Demand loans constituted 1044 104 104ft ture will be co-ordinated with the present building, so that, as concerns the interior, the bank will have one complete building, fronting on Wall, Nassau and Pine Sts. It is expected that the new building will be ready for opening as a unit two 42 42 42 105 105 105 000,000 of the total, against last week. Time loans were $350,000,000, against $362,000,000.

103ft 105ft 10514 Ex-dlvldend. Loans on security direct to non- 80 Cal Gas 8 10 So Caro Pow 5 37. 1 Bank Stocks years hence. LONDON BANK STATEMENT 105ft 105ft 105ft 95 95 95 102ft 1024 102ft 4 94 94 103ft 103 103 60ft 60ft 60ft 61ft olft 61ft 85 4 95ft 9Sft So PowftLt 6 '26. 4 broker customers decreased during the week to $1,727,000,000 against $1,741,000,000 last week, with low of $1,713,000,000 on April 23 and with recent high of $2,117,000,000 on Dec.

31, 1930. pany to lease for a period of 99 years properties of the Michigan Central and the Cleveland, Cincinnati, Chicago fe St. Louis Rail Quoted by Unltted Securities Association of New Torn i-3n p. M. Quotations.) cbtet of a bureau 6putv thereof or clerk therein, or other olllcer or emoiove of The Cit-' of New ork.

Is. shall be or oe- come interested dlrectlv or Indlrectlv. aa contrartint oartv partner stockholder. London, June 1R W) The weekly SO NatQas 6 '44 xp 4 Bid Asa 42 45 30 38 way Companies. 99 99 99 Blaad 6 35 Stand Gets 6'35 cv a uretv or otherwise In or in the oerform- 100 100 100 America.

Am Union. Bk 8... Bit Bkln Nat. Dn.nl Pk Stand GaadcBl 6'51 4 Com'lth Power 80 41 60 36 statement of the Bank of England shows the following changes in pounds: Total reserve Increased circulation decreased bul New Haven Gets 96 96 96 96ft 96ft 96ft Stand GdcEl 6 '66. 2 BANKRUPTCY PETITIONS IRVING and HYMAN SCHLOSSBEHO, individually and as MODEL EMBROIDERY COMPANY.

1831 Douglass Involuntary Liabilities alleged, 8505. MARTIN WINTERS, realty, IB Linden Involuntary. Liabilities alleged, (3,420. PEARL SHOE MANUFACTURING COMPANY, TNC, 309 Flushing Involun-tary. Liabilities alleged, $879.

EASTERN MILK St CREAM COMPANY, 211-13 N. 8th Involuntary. Liabilities alleged, $32,838. HERMAN YARGOTAH, individually and as GRAND BEDDING STORE, 34-03 Orand Astoria, L. Involuntary.

Liabilities alleged, $525. LOUIS A. LEWIS, salesman, 329 Williams voluntary. Liabilities, assets, none. ABRAHAM H.

LANDE, solicitor, 2058 Union voluntary. Liabilities, assets, none. PASQUALE DE VIVO, grocer, 2109 63d voluntary. Liabilities, about assets, about $16,607. W.

RALPH WADEWITZ, auto body repairing, 1639 Atlantic voluntary. Liabilities, assets, $740. BABE KAUFMAN, housewife, 19 Ridge Road, Oreat Neck, L. voluntary. Liabilities, assets, $226.

SAUL'S APPAREL SHOP, women's wear, 263-26 Jamaica Queens; Involuntary. Liabilities alleged, $541. 23 2" Lebanon 10 25 liberty 20 22 Manhafn 70' 73" 65 95 11 Nat Bmx 70 80 Nat 24 29 Mat 11 16 Pen Exch. .60 60 1 ance of the contract, or in the suppllea. work or to which It relates, or 10 anv norllon of the nroflts thereof Tha bid must be verified bv tha oath.

In writing of the oartv or parties maklna the bid that the several matters stated therein era In all respects true 11 7314 73ft 73ft Bankers to Discuss Safety and Profits The essential link between bank safety and bank profits will be the principal theme of discussion at the 38th annual meeting of the New York State Bankers Association at Saranac Inn, Upper Saranac, on June 22, 23 and 24, lt was stated today by Mark A. Holmes, association president. The convention will bring together leading bankers from all parts of the State to discuss the banking problems which lie ahead In the period of recovery from depression difficulties. Speakers will include Rome C. Stephenson, president of the American Bankers Association; Joseph A.

Broderick, New York State Superintendent of Banks; H. G. Parker, vice president of Standard Statistics- Company; Harold Stonier, educational director of the American Institute of Banking; C. W. Hoyt, auditor of the New York State National Bank of Albany; Prank M.

Totton, vice president of the Chase National Bank, and Jackson Chambers, president of the Gramatan National Bank Trust Bronxville. Mr. Holmes will preside. The banquet speaker will be Dr. Arthur Bestor, president of the Chautauqua Chase 69 72V, 10 New Engines 94ft 9414 94ft Has Income Gain The statement of the American B5ft 55ft 55ft Delivery has just been made to No bid ahal be considered unless, aa a Stand Inv 8Va '39 1 8tand 6'57.

1 Stuts Motor 714 '37 2 Sun Oil 81 Super Pw 111 41468 Swift it Co 6 3 Swift CO 5 101 100ft 101 condition precedent to tha recentlon fir Peoples the New Haven Railroad by the 91ft 90 90 lion increased other securities Increased public deposits Increased other deposits increased notes consideration of such bid. It be accom- Pub 47i Commonwealths Power Corporation and affiliated companies for the 12 months ended April 30, 1931, shows nanied by a certified check anon one of tha Oueensboro 171; ucnerai liiectrlc Company of the City 71ii73' Columbus .160 180 Comercial 230 240 Fifth 1925 2125 First Nat.3275 3475 95 Globe 2 72 Grace 400 800 Harbor Sta 65 Harrlman 1500 1600 industrial 105 120 Klnitsboro .118 128 Seward 72 Sterling 18 8traus Nat 77 22 105 nrst of 10 new electric locomotives of the very latest design costing Tex Ilee Serv 8 '60 4 Stat or National banks or trust comDanles ot Tha Cltv 01 New York, or a check ox A' such or trust companv amned dulv authorized officer thereof, drawn to 40 45 Tex Oas Utll 8 '45. 1 Tex 8 '68. 3 nearly $2,000,000 which will be used Trade 15S 135 the oroe ol the comptroller, or monev or gross revenues from all sources ot $27,454,422, representing an Increase of $842,041 over the $26,612,381 gross revenues reported for the 12 months ended April 30, 1930. Operating in the railroad's high speed pas Wash corporate stock or certtficatea of Indeoted- nest of an nature Issued bv The CUV ol reserve Increased government securities decreased 2,275.000.

The proportion of the bank's reserve to liability Is 58.03 percent, compared with 55.16 last week. Rate of discount, 2' percent. 1004 100 100 103 103 103ft 1004 100 100 60 50 60 102ft 102ft 102ft 23ft 21 21 63ft 63ft 63ft 105 105 lut 102ft 1024 102ft 68ft 88s 88 100ft 10'Jft 1004 60 80 60 68 1 New York, which the Comptroller shall Un El ftp 6 senger service between New York and New Haven. Delivery of the remaining nine, which will be made Ex dividend. expenses, maintenance and general taxes were $13,509,452, compared Un Oulf Corp 8 '50 10 Un LtftRy 8Vi '52.

3 4 anrrove as of equal value with tha spcurttv required In the advertisement to tha amount of not less than three nor mora than five oer centum of the bond required, as provided in Section 420 of tha Greater -a New Yori Charter at subsequent dates during the Sum with $14,417,904 for the previous pe mer months will bring the road's Trust Companies Quoted by Unlisted Securities Dealers Rubber 64 '40 1 riod, a decrease of $908,452, leaving fleet of electric locomotives up to a All Olds for auoollea must ha submitted net Income of $13,944,970, an Increase total or 154. Association of New York. tn duplicate. 1:30 P. M.

rne certified check or monev shnnid nna of $1,750,493 over the $12,194,477 re 62 62ft 104 104 88ft 88)4 67 56 82 82 62 104 89ft 57 82 Bid Bid An REORGANIZATION OPERATIVE VanSwering 6'3a 4 Vs ElecftPow S'55. 1 Vs Pub flnr 6 '60 1 WaldortAator 7 '64 4 Warren Bros 6 '41. 2 West Tex Utll 6'67 1 Wise PwftL 8 '58 1 ported for the previous year. Asa 440 114 X' be inclosed in tha envelope containing, thai bid but should be either Inclosed In separate envelope addressed to the head ol the Department President or Board After deduction of interest and Hans Froelicher Jr. of R.

M. Sny Guaranty .435 Hibernla ..109 tnt Madison 15 Int 10 85ft 85ft 85ft 14 der Philadelphia, chairman submitte rsonaliv udoo tha oresenta- 102ft 102ft lOft Irving 29 31 French Bank Statement Paris, June IS (A The weekly statement of the Bank of France shows the following changes in francs: Gold increased sight balances abroad Increased bills discounted at home decreased bills bought abroad decreased advances decreased circulation decreased current accounts increased 678,000,000. Rate of discount, 2 percent. on of the bid. of the Debenture Holders Protcc dividends on first and second preferred stocks of the corporation, the balance available for reserve, Fed For oarticuiara as to tha nnantir mnA FOREIGN tive Committee for the five-year galea IB eral taxes and surplus was qualltv of the supplies or the nature and --Ttent of the work, reference must be madw to tha BpecitlcatlonB schedules, plans on file Hj the said offlc of tha President.

Board or Department. Am Exp Bk Cm I 208 318 Banca DST.207 217 89' Bk EU 47 '57 Bway Plaza 43 Bk of 595 Bronx 27 405 415 Cent 219 227 Cheibea 6V, Chem 227 Clinton Tr.nSOV. Con T. 94 98 Corn Ex. 98'4 32'i34i4 Empire wHn Tr.l04'i 108' 131 as against $4,312,210, an increase $363,921.

This balance was No Old ha ba accented from nr nn. Kings ua. zaou aoou Law Q. Manufac'rs. 18 20 Mercn BAT.

18 20 Mldwood Mut of 323 400 New Yk.l35V,140Vi Times Sq 5'a '125 Co of A 150 19 23 8 2825 Westchestr. 98 108 West 110 tract awarded to anv person who la la arrears to The Cltv of New York nnns BENJAMIN WHITE, candy store, 132-04 Woodhaven Boulevard, Queens; voluntary. Liabilities. $12,686: assets, $5,650. JULIUS POWERS, realty, 445 Mllford voluntary.

Liabilities, assets, 1240. JOSEPH A. BERNSTEIN, millinery, 2111 Cropaey voluntary. Liabilities, aasets, none. ISAAC COHEN, foreman, 323 Ashford voluntary.

Liabilities, assets, 1150. SAMUEL SEIOEL, painter, 901 Troy voluntary. Liabilities, assets, 1601. THOMAS YAGODA, vegetables, 12 Oak. land voluntary.

Liabilities, assets, $100. equivalent to $2.48 per share on the average amount of A and common stock outstanding for the period ended April 30, 1931, before depreciation, or $1.73 per share after debt or contract or who la a defaulter, aa suretv or otherwise upon anv obilaatloa to tna citv The conrracta most be Old for separateiv. The right Is reserved in each mm i. Fulton ....300 350 re'ect all bids If it is deemed to ba fox tn interest of the Cltv so to do. Ex-dividend.

convertible 8 percent gold debentures of Inland Utilities announces that the plan of reorganisation which was submitted to the debenture holders in May, has been declared operative by the committee and by North American Gas Electric Company, which are the reorganization managers under the plan. NEW FORD MODELS The Ford Motor Company is offering two new models, a convertible sedan listing at $640 and a cabriolet at $595. This is in addition to the three new five-passenger models Introduced during the past few months. Wli' write our the amount A s. New Bank Building Ready in 2 Years Construction is under way for the new building of Bankers Trust Company.

The structures at 5 Nassau St. (the former Hanover Bank Building), 7-9 Pine St. and 10 Wall are now In process of demolition. The new construction will surround the present Bankers Trust Company Building, at 14-16 Wall one of the landmarks of lower Manhattan. The exterior of this building will remain practically unchanged, and its pyramid tower will continue to be a feature of the downtown skyline, as the new por BONDS 81,000 Blih Low Ticker BuenosAlrea 7144J 3 71 71 71 ComPrB514 2 80ft 80ft 80ft Danzig 61462 I 62 62 62 IrcoleMarell 61463 6 68ft 68ft 68ft Eur El 614 '65 2 69 68 69 Europe Mtg 7 '67 3 77 71 77 Gar Mun 7 '47.

3 7514 74 7414 Get 0 Mun 6 '47. 2 68 68 67ft Hamburg 5 73 73ft 73 Hanover Pv 6 14 '48. 1 67ft 67 67ft Ital Buperw 6 2 66 66 66 Mansfield 7 '41. 2 75 75 75 Parana Brazil 7'58 1 25 25 25 Ruhr Chem 6 A '48 2 62 4 61ft 61ft Ruhr Gaa 6 14 2 66 68 66 Ruhr Housing 6 '58 2 62 62 62 Saarbrucken 7 '35. 1 103 103 103 Santiago 7 '49 2 60 60 60 Stlnnes Corp 7 St.

2 72 72 72 Ternl Soc 614 2 78ft 77ft 77ft Un El Btr 1 it xw. SO 79ft 80 their in addition to inserting tha sama Ohio Senate Passes a neiires. Bidders ate reauested to make their btda Realty, Mortgages and Surety Companies Quoted by enlisted Securities Dealers Association of New York. McMILLEN WITH ST. REGIS Charles R.

McMillen, who has resigned as president and become chairman of the board of Union Bag and Paper Corporation, was elected vice president and director of St. Regis Paper Company. Mr. McMillen succeeds M. B.

Wallace as chairman of Union Bag. Alexander Calder was elected executive vice president of Union Bag in charge of operations. Cigarette Tax Bill By a majority of one vote the uoon tha blank forma prepared and furnished bv the Cltv. a eoov of which, wittl tha oroner envelope In which to inclose th bid. together with a copv ol tho contract, inducing the specifications, in tha form.

P. M. wuotauons.l Bid Rid Ask oproved bv the Corporation Cnnnsar Mn Ohio Senate passed a bill to tax cigarettes two cents for package of 20. The bill probably will meet bo obtained upon application therefor aft' the office o( tha Department for which th 20 42 165 38 ti Real Estate Exchange Sales. Hlch.

Low. Close. 1 Penna Blrig 6 fie'i ffi'i I I Bd Bldg 7, 46... $9t 891 89Vt In Get Ltd. 15 Law 40 Law WAIT.

Nat ft O. 33 Stata Til. O. 834 Emp 105 115 10 12 3uar TtM.SOO 225 Mm T. 3 44 wore is to ra aone or tna service in strong opposition in the Hons.

be furnlsiied. Plana and drawings ol aoo-struction work mar be seen there..

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About The Brooklyn Daily Eagle Archive

Pages Available:
1,426,564
Years Available:
1841-1963