davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
Property Claus Cited

Under our Federal form OF gov
eminent. the various states have the
right to regulate the prices OF busi-
nesses affected with public inter-
est" so long as they do not violate
any of the limitations in the Con-
stitution. One of the most impor-
tant of these is the famous clause
in the Fourteenth Amendment
which forbids any state to deprive
ANY person of life, liberty or prop
erty, without due process of the
law"
In 1898 the Supreme Court decid-
ed that, when a state was setting
the proper charges for any utility
services, it had to allow the utility
fair return" upon a fair value" OF
its property, or else it would be
taking the company's property with
out due process of law. Just what
these concepts mean has been at the
very center of the controversy ever
since. A variety of court decisions
since then has only added to the
confusion.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
UTILITIES URGED
TO AVOID COURT
IN FIXING RATES
Allowing Experts to Decide
Seen as Way to Avoid
Public Ownership.
BY o. GLENN STAHL
Department of Government. New York
University.

University.
NEW YORK, May 23.-With
Congress trying to decide upon how
to deal with utility holding COM
panies and with a general revival of
interest in public ownership OF
utilities, one may well ask: What
has gone wrong with regulation OF
our gas, electric, and transporta-
ton companies by state commits
sionS? Have public service COM
missions been grossly negligent or
incompetent?
For some time the great ma
jority of impatient students Of the
problem have pointed out serious
weakness in the present mode OF
regulation. 1t lies in the use of a
physical valuation of the utility's
property as a basis for rate con-
troll
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
Other livestock


CHICAGO. May Hogs-12. 900 includ-
ing 5000 directs: market, active cents
higher than Wednesday: packing sows Is
cents up; 2OO-25O lbs. $40 and slo.O5; top.
$50 lbs. s9.75d10; 10000 lbs. SO 40dl0;
pigs, $40 down; packing sows: So goo
choice. SO 35d g. go; lightweights. 10000
lbs. good ard choice Sc 55d 1905: medium
weights. 2oo-2s5 lbs. good and choice. $500
and choice, So rs dI005: packing sows,
275-550 lbs. medium and choice. s8.25M
s.2O slaughter pigs, 1oo-l4o lbs: good and
1000: fed steers and yearlings steady with
recent sharp decline; market little more
active; but undertone still weak. due 70
steers here. ss25@l TOP, sig. these
being comparable with steers that sold at
high time last week at Sl4 and better;
steers here: shipper demand narrow; all
tie-Veaiers. steers. $4,000 lbs. good and
CHOICE SO 5oG1s.75: iiOO-l5Oo lbs. good
and choice s10.75614 so l300l5o0 lbs.
good an dchoice. sllG Il so 55o-l30o lbs.
$50 lbs. good and choice $500 II so:
common and medium. s5.75d975; COWS,
good. s750G9.25; common and medium.
IS 5Od $50; low cutter and cutter, $3.50
$50: bulls lyearlings excluded good
beef. s6.7567 so: cutter common and me
dunn s5.50d5.s5; vealers. good and
choice.
cuu and common. S45od550. Stocker and
feeder csttle-Steers. 550-l050 lbs, god and
choice. s725N9; common and medium:
classes: bulk steady TO stronger. most
clfbbed lambs. s735G7.60: nothing strict
" choice included; medium to good Colo
rado wooded skins So straight. short deck
merely good so lbs. native springers. ss25:
package rs lbs 70 small killers az $40.
shorn native ewes. $50 lbs. down s3d3 rs
Slaughter sheep and lambs-Spring lambs.
and rhNfca G9fTQ 10. medium SIH
3. lambs 90 lbs. down. good and choice,
81 35dT 90. common and choice $1,000
40is 90-9s lbs, good and choice s7.25d
TBS. 93-li0 lbs good and choice. Sl.l0H
IT'S: ewes, 90-i50 lbs. god and choice.
50 25l4i0: all weights. common and me-
dunn. sl05G250.
LAFAYETTE. May 23-MarAet steady 70
i5c higher: 200-250 lbs. 50 asa 9 90. $50
800 lbs. So 75d 80. 300-325 lbs, 50 IS.
10000 lbs. 50 75d so; l40-i60 lbs. salsa
a40: l20-l40 lbs. s8.65ds90. i00-l25 lbs.
ssI5as40; roughs se75 down. calves.
s.eady. 50. so down. Clipped lambs, steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23

One factor. however might inter-
fere with the workings Of such a
plan II IL we're made official Many
OF the important Federal Reserve
member banks might withdraw
from the system and become State
institutions. In that event the gov
eminent might be found to have
made an unsatisfactory investment.
-
IT is quite possible, though. that
Il this possibility would be elimi-
mated at the time of enactment of
the new measure. The law might
make it mandatory for all banks TO
be members OF the system. That
would be a distinct advantage for
1t would do away with the various
different banking methods which
are now employed Almost every
state today has different banking
laws and. as a result, we have not
a well-knit system.
Ownership OF the stock of the
Federal Reserve banks would have
an important advantage over mere
control. With control the member
banks would be obliged to pay for
any mistakes the board might
make. while ownership would place
the cost OF such mistakes on the
governments doorstep and might
result in more careful operations.
II is true. of course, that bank
erS are more qualified to manage
the banks than are any one else.
But il is also true that in the past
they have not always managed
them in the interest of the gen.
eral public or of the depositOrs,
who have the biggest stake in these
enterprises. All too often the chief
consideration has been for the
stockholders of the institutions.
who select the arrangements of
the banks and maintain them in
Office.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
Technicians Needed

Responsibility in any government
field must be placed somewhere, and
responsibility in resolving matters
of accounting, engineering and eco
nomics should preferably be with an
expert, specialized commission.
Courts are rarely competent to de-
eide these questions.
1t is largely because of the in
siStence of the courts on stretching
due process" to cover more than
fair procedure that so many people
have become disguised with utility
regulation. The long delays neces-
stated by the courts going all over
the valuation questions again, and
the apparent success of the utilities
in getting favorable decisions, con-
trary to the findings of the COM
missions, have contributed to the
movements to get lower rates and
avoid utility profits through public
ownership.
Liberality Necessary
1t may be possible for Federal
law or constitutional amendment
to limit the application of due pro-
cess to procedural questions, but in
so far as this is remote, then so
does effective regulation seem to
be remote. If the utilities want to
save private ownership under regu-
lation. then they should at least be
liberal enough to back some such
step.
1t is ironical, but evidently true,
that the utilities, by their constant
resort to the courts, and the courts
by leaning over backwards to de-
fend property rights, have been
largely instrumental in redirecting
public sentiment to public owner
ship.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
Rise in Cost Cited

Without giving further statistical
data. it is evident that the cost of
manufacturing has been greatly in
creased and that the profit mar
gin has been reduced to such an
extent that large losses have been
incurred Under these conditions,
it seems unreasonable to expect the
cotton textile manufacturers to in
crease their operations and further
diSsipate their capital.
At present we do not know
whether or not the NRA will be ex-
tended beyond June Is or whether
it Will be extended for a period of
nine months or two years. Obvi-
ously with this uncertainty con-
corning such an important decision.
the cotton manufacturers can not
plan ahead. Practically all indus
try is similarly affected by this
doubtful condition.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
U. S. GOVERNMENT BONDS
LibertvS
Teasury
Homo Owners Loan Corn
Federal Farm Mortgage Corp.
DOMESTIC

IS 194s Observation-Disclosures. 1929 102 is
IS 1949 OBSERVATION-DISCLOSURES. 1923 1898
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23

ouotations below are average wholesale
,riceS being offered 70 BUYERS BY local
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-23
INDUSTRY HELD
HAMSTRUNC BY
POLITICAL GAME
Absence of Definite Pro-
gram Viewed as Deterrent
to Business.
BY A. l.. JACKSON
Editor Economic Statistics. Inc.

NEW YORK. May 23.-BIsiness
at this time Of year is always in
fuenced to some extent by The vari-
Gus legislation in Congress. 1t is
doubtful. however, that there has
ever been a period when business
has been so closely associated with,
and dependent upon, political fac
tors as at present.
For example. the cotton textile
industry has cLrtailed operations
quite sharply. brought production
into line with consumption, and
corrected the inventory situation,
so that the industry is now in a
position, statistically. wnere it could
increase activity were 1t not for the
uncertainty created by the NRA.
1t should be noted that under the
NRA wages in the cotton textile
Industry have increased D cents per
hour to 80 cents per hour; that the
hours Of work per week have been
reduced from rs to 80 and in some
cases to 20. The daily amount of
cotton proceSsed per worker has de-
clined from $50 pounds to Us
pounds.
Evening star., 1935-03-27
LEADERS TEND Up
ON STOCK MARKET
U. S. Smelling Drops Seven
Points-Some Specially
Issues Also Sag.
BY VICTOR EUBANK,
Associated Press Financial Writer.

Associated PRESS FINANCIAL writer.
NEW YORK, March 27.-Leadins
shares managed TO work higher in to-
days stock market in face of scat
tered selling.
U. S. Smelling broke 7 points, re-
flecting adverse dividend and earnings
news, and few specialties dipped
point or two. but Coca Cola rose 5,
Allied Chemical about 3 and American
Telephone, American Can, Du Pont
and others point or so in the late
trading.
Turnover for the session was only
about 100000 shares.
Coca-Cola, a high-priced specially
became a stock market phenomenon
with another Jump of more than 4
points to new high since 1927. East.
man Kodak rose couple Of points
and farm implements, motors, public
utilities, and some of the copper.
pushed Up lair fractions. A Slight
early dip IN some Of the steels wai
recovered. Du Pont firmed, after ar
early dip, coinCldent with a sag ir
Atlas Powder. Canada Dry Ginger
Ale declined more than point on 6
dividend clt and Penney lost as much
Rails held about steady. Trading
was extremely light
Railroad investors were encouraged
by a number Of the February net op.
Grating income reports, with such
roads as New York Central, Baltimore
e. Ohio and New Haven showing some
improvement over the like month Of
last year, through rigid control Of ex.
penditures. Some rail circles, how.
ever. thought the carriers we're neglect
ing maintenance charges TO a degre,
which could not long be continued
Evening star., 1935-03-27
BALTIMORE LIVE STOCK.

BALTIMORE. Md. March 81
Cattle-Receipts, 1875: market steady;
slaughter steers. good. 8.75al0.50: me-
dium, 7.5Oa8.25; common, 6.60a7.75.
Heifers-Good. 7.50a825; medium,
6.25a7.25; common, 5.00a6.25; low cut
ter and cutter. 4.25a5.00.
Cows-Choice, 5.25a6.25: good, 4.50a
$50; common and medium, 325a4.25;
low cutter and cutter, 250a3.25.
Bulls-Good (beeD, 6.00a7.00; COM
mon and medium, 500a575; cutter,
4.O0a4.75.
Calves-ReceiptS, 60; market steady;
vealers, good and choice. 850a9 so;
medium, 650a800; Gull and common,
5.00a6.00.
Hogs-Receipts, 100; market higher;
truck hogs 25 under quotations, 140-
160 pounds, good and choice. 8.85a9. 80;
160-l80 pounds, good and choice, 905a
$40; 10000 pounds good and choice,
9.40a9.70; 200-220 pounds. good and
choice, 9l0a945; 220-250 pounds,
good and choice, 8.85a9.40; 250-290
pounds, good and choice, 8.60a9. Dos;
290-350 pounds, good and choice, 8.30a
$50; packing soWs, 275-425 pounds,
good, 7.45a8.3o; 275-550 pounds, me-
dium, 6.20a7.25; pigs, 1o0-13o pounds
good and choice, 7.l5a8.80.
Sheep and lambs-Receipts, Is;
market steady; lambs, 80 pounds down
good and choice, 825a925; common
and medium, 6.00a775; Gull, 500a6.00;
ewes, 90-l20 pounds, good and choice
$500; 120-150 pounds, good and
choice, 3.50a4.50; all weights, COM
mon and medium, 2.00a3 90.
Evening star., 1935-03-27
NATIONAL SURETY
|. PLAINS OPERATIVE
Reorganization Will Affect
Realty Issues Guaran-
teed by Firm.
Special Dispatch to The Star.

NEW YORK, March 27.-The ap-
proved plan of reorganization for the
real estate securities guaranteed by
National Surety Co. has been declared
operative with respect to practically
all series of securities of 10 of the
companies affected by the plan, and
the new company, National Bond
holders Corp. has approved the first
cash distributions. ranging from per
cent to IS per cent of principal
amount of certain bonds, to be made
under the plan. it has been announced
by Harvey D. Gibson, c. Provost Boyce
and John w. Harmon, reorganization
managers.
Cash distributions will be made to
holders of bonds of four companies
where the collateral has been taken
over or is in process of being taken
over by the new company, as follows:
Holders of all series of bonds of
Federal Home Investing Co. formerly
Federal Home Mortgage Coz will re-
ceive per cent of the principal
amount, or $50 per 81 900 bond; hold
ers of series B bonds of Southern Sc
curities Corp. 10 per cent, or 500, per
81 900 bond; holders of series B and c
bonds of Guaranty Title & Trust Cor
poration, 10 per cent, or 500, per
81 900 bond, and holders of series B
bonds of Empire Bond & Mortgage
Corp. IS per cent, or $3.50, per 81 1000
bond.
Payments will be made at the earliest
practical moment after the new company
has completed the physical acquisition of
the collateral and the issuance OF partici:.
will require approximately so days. it is
stated In the remaining series wherever
| cash on hand permits 1t. dlstr1putions
will also be made and as the lquloation
of the collateral progresses. further cash
distributions, consistent with tn, the pest st
| to holders of participation certificates,
The plan has now been declared operative
| with respect to the following classes or series
series A bonds Central Funding Corp:
series A, B, C and D certificates, Empire
Bond & Morteaee Corp. series A; B, and
Series sna "a B. 0f5an C. and em gold notes. Franz
lin Mortgage Co. series B, C. D and z
bonds. Guaranty Title Trust CORP. series
gage Co. series A B. c and D bonds. In
| vestment Securities Co. Of Texas series A.
| Co. series A. B. C and D bonds: Mortgage
Bond g. Trust Co. series E and F bonds;
Meline Mortgage Co series A, B. c and .
bonds. Mortgage Guarantee CO. Of America
| series A. A-A, ABB, A-C. AID. A-E. AT.
A-G. ALI. Al bonds Mortgase Security
| Corp. Of America series AA, B. BIB. G. d,
E. Mich. Mich. .. Mich. 3 and KY.
1 first lien certificates and series A and 3
bonds, series A; National Mortgage Co.
series B and bonds. National Reserve
Corp. Fidelity Real Estate Trust bonds,
| Corp. series A. and c: Title e. Invest
| ment Co of Maryland series and B. and
| Union Mortgage Investment Co. series
AN F. G. H and bonds.
Evening star., 1935-03-27
Gold Currencies
Display Weakness,
Dollar Also Dips
BY the Associated Press.

BY the Associated Press.
LONDON. March 27-Gold cur
rencies were inclined to be weaker
today on the foreign exchange market.
The United States dollar dropped
with the gold currencies. losing ll-16
cent to .hc pound and closing at
4.79 7-16 to the pound. as compared
with yesterdays close of 4.78s4. The
opening was at 4.78l2.
The belga recovered from yester-
days weakness and closed at 2238
to the pound, as compared to yester-
days close Of 1925.
The French franc closed at ~ $50,
as compared with yesterdays close
of 1858.
PARIS, March 27 C) Three per
cent rentas, rs francs, 40 centimes;
Az per cent rentes, 8755.
Exchange on London, 1880. The
dollar was quoted at 1517l2.
Evening star., 1935-03-27
Chicago Grain
BY the Associated Press


CHICAGO. March 27.-Caught ir
the vortex Of dust storms raging from
Canada to Texas. wheat scared TODAY
to the highest price level witnessed ir
months.
Drought areas Of the Winter wheat
belt Southwest were reported as beins
severely punished and messages from
the Dakotas and Minnesota said cloud;
of dust were blowing. Augmenting tbs
strength Of Chicago wheat prices va,
word that all deliveries of wheat al
Buenos Aires were at new top-price
levels for the season.
Wheat closed nervous, 114a194 above
yesterdays finish. May, 95l 5lsal4; corn
34al3s up. May. 1914; oats. 5sal ad.
vanced, and provisions showing 10 tt
| ( nnntc OaiO
Evening star., 1935-03-27
Liverpool Quotations

LIVERPOOL. March -; lP.-Cotton
ZOO bales. including 100 American Spot
increased IN demand; prices / point lower;
quotations IN pence. American strict sooo
middling. 1.06i good middling 6.16; strict
mlooling 6.6l; middling. GAG; strict low
middllng, 6.3l; low middling. sos: strict
GOOD ordinary 5.S6: good ordinary. ST.
Futures closed steady. March. 6222; May.
Sis; July. 6.13; October. 5.99. December.
5.9n: January. $50.
Evening star., 1935-03-27
New York Cotton
BY the Associated Press.


NEW YORK, March 27.-Cotton
futures rebounded in the late trading
today, after dip in the earlier deal
ings.
Early losses of 10 to IA points were
recovered, and old crop months rose
9 to II points over the previous close,
with new crop deliveries getting up
5 to 6.
Evening star., 1935-03-27
ZINC OUTPUT DOWN.

NEW YORK, March q (P).-World
zinc production in February was
110,6ll short tons, against l20,258 in
January and 97,168 in February, 1884.
reports the American Bureau of Metal
Statistics. United States production
in February totaled 33,072 tons,
against 1854 in January.
Evening star., 1935-03-27
NAVAL STORES.

SAVANNAH March 81 lR.-Turpentlne
shipments.f 80; ssoek. foefs s.ss6 S Resin fr%;
salss 3;419, receipts. 720; shipments:
D, 3.90; e. 4OOaO5; F. 4.35a40; 9 and
H, .40ai5; l. 442Isa45; K. 4.45a41la; M:
44oa5O; N, 500; VIC. 5.51f2; WV and
Evening star., 1935-03-27
Liverpool Grain Prices.
MONEY MARKET.

NEW YORK. March - OP.-Cai
money steady; ! per cent all DAY. Time
loans steady: 30 dayS-i months Sal pei
cent Prime commercial paper a. Bank
ers acceptances unchanEed. Rediscount
rate. New York Reserve Bank. Ia pei
cent.
Evening star., 1935-03-27
Chicago Cash Market,

Wheat, No. 2 hard, 1882; No. !
mixed, 98'4; corn, No. yellow. ga }
No. 3 yellow, 82a82l2; oats. No. &
white. 50l4; No. 8 white, 4634a47l4
buckwheat, No. ]. 1l2; SOY beans. No
2 yellow, 104: barley, 68al20; tim
othy seed, l680alS00 cwt.; clover
seed, 15.50ale.25 cwt.
Evening star., 1935-03-27
Sales of Stocks on tn. New York Exchange.

Sales Of Stocks on the New York Exchange.
I1:OO An. 10000 l2:UO Noon 10000
100 Pm. ....... 100000 200 Pm. $4,000
Dividend rates the above
cash payments based the latest 1uarterly hayear
declarations
Unit of tradIns tParti,
eS in stock Paid last regular Payable
stock Psyab in cash stock Plus in special preferred
avd.Id' Sompans ,spcrsed tn resv.rship 6sinE
Evening star., 1935-03-27
FREIGHT LOADINGS.

NEW YORK, March - P).-Railrosd DIS
reporting. revenue freight car loadtnes FOR
the week ended March 23 incluoed:
Week Previous Last
March 90. week year.
y, = Cen Central 193311l9 199d.3333aa 1o6'sSSee 'Se
Evening star., 1935-03-27
MONTREAL SILVER.

futures opened steady: March. 61.25b:
NAY, 81 ;30bi July, 51.e5b: September.
Evening star., 1935-03-27
NEW YORK BAR SILVER.

NEW YORK. March 81 (Pl.-Bar
silver barely steady, "A lower at 81.
Evening star., 1935-03-27

Is 37L Safeway Storest3D.
110 104a. Safeway Strs pf t6)
1928 40 Safeway Strs of ,7I
17& 10N st Joseph Id AOc).
2 st l. San Fran (k..
9L 6 Savage Arms. ...
28l, % SchenIey Dlstillers.
a 2 Schultz Retail Strs.
2Oh 10la Schultz Re Strs pf =
IL a. Sea board Air l. tk).
267s 204 Seab'd OiltnelNtD
<Ols 81 Sears Roeb'k t75c).
ga ~ Servel Inc. .....
14ls 9 Sharon Steel Hoop.
As 447a Sharp & D pf t31z).
9Is ~ ShaItuck' F. Gl25c. .
ia S.. Shell Union OIL 80.
ii s9s Silver King c t40c)
l0I 6 Simmons Co. .....
l8s. 13ta Simms Petrol tD..,
2lL 13 Sloss-Sheffeld 80.
34s. "a Sloss-Sheffield pf.
20 165s SnIder Packing. -.
l47s II Socony-Vac t60cD..
1llhE 107Ia Sol Am Inv pft5 "a
25 20 Sou Por KlcoSngt2)
12s. l0ss South Cal I'D J 11).
l9ls 12a. Southern Pacific. =.
l6l2 7Hs Southern Halfway
2Oss 10 Southern Rwy Of -.
81. 81. Sparks Wilmington.
ga. ~. Sperry Corp t25cJ. .
79ia 44k Spiegel-May-Stern.
49, l4a. Stand Brands ilj..
129 123 Stand Brands pf CD
A.. 2la Stand Com Tobacco
~. Ia Stand Gas & Elec.
So Il. Stand q & E 81 pf..
12a. "a. Stand GRE IS pf. .
32a. 27s. Stand OIL of Calt1).
ll5H Ill Stand Oil EXP pft6
25la % Stand Oil of ind ID
43la 35". Stand Oil N JttlA)
64A 5ss. Sterling Prod $500
Evening star., 1935-03-27

1884 110h Eastman Kod t6)..
155 141 Eastm'n Kod pf (6) .
7% 3ss Charlottesville. :.
90 1914 Electric Auto Lite.
l10% 107 Elec Auto Lite Of !.
Sss 6h Elec & Mus Ind.
3 IN Elec Pwr 4 Light. I.
2Oh II Eng Pub Svc So pf. I.
7h 2k Elec Pwr&Lt S6 pr.
Sh 8 Elec Pwr&Lt 81 Of.
49Ia 80 Elec Stor Bat t2A).
On III Engineers Pub Svc.
2lh 14lt Eng PS IS so Of WV
22ss 1871 Eng Pub Svc IS pf. .
81 8 EQuit once 5ldg. ..
Evening star., 1935-03-27

1h Il Callahan Zinc. ......
42la 3612 California PKgt1h)
4ts PIP Calumet & Hecla. =.
11% 71a Campbell-Wyant..
l6hs 9as Canada Dry g A ~
1884, 9k Canadian Pacific. -.
SO 80 Cannon Mills (2)...
7h 4as Capital Admin tA).
SO 45s4 Case q ID Co. .....
A 36la Caterpillar Tract1).
1884, 1855 Celanese Corp.
4ss 9 Celotex Co (k). 800.
31s Ia Celotex Co vtc tk)..
25l2 11L Celotex Co Of Do.
27H 22H Cent Agutre t1h)..
Al 3sss Cerro de Pasco tz)..
6ss 4a4 Checker Cab Mfg. }.
45a. 37h Ches 4 OHIO d2.80).
2h s. Chi CT Westn tk)..
8 Ia Chi Nil st P & p.
A. 1's Chi NIL st P & P pf.
s.. 27s Chi & Northwestern.
10ss 41I Chi & Northwest pf /.
7n As Chi Pneumatic Tool
4 IL Chi r l&P 81 pftk)
29s. 25h Chickasha c o CD.
421a 81 Chrysler Corp a.. e.
22% 20 City Ice Il Fuel t2.
96 81 City Ice & r of 6h e.
III Il City Stores tk).....
"a %City Stores ctfs (k)
191 1919 Coca-Cola tSJ......
57.s 55l5 Coca-CoIa tA) )t3).
1874 16ls colgate.P-P t5oc)..
1851 l01 Colg-P-P pf 6)....
15s. 9 Collins & Aikman. ..
51a q Colo Fuel & lrontk)
l9s 10s4 Colo & South.
ia 3as Col Gas & Elec.
5eh 35h Gel G & e of A t0..
45% 34Ia Colum Pic vtc (mD
79% 67 Columb Carbon 90.
47A 391a Comcl Credit a..
57A 52ha Comcl CredittA)t3l
32N 29 Comcl Cred pf (1&)
113 109H Comcl C LIST pft6h)
62A 56h Comcl Inv TT 2h..
2Sh 17A Comcl SoIv tts5c)..
Ia =. Comw Il Southn. 80.
4Oss 29h Comw q Sou Of ~.
34h 27 Congoleum-N(1 eo)
AZ 23E Conn Ry & Lit t4h)
1O1a Z Consol Cigar.
IN A. Consol Film. ......
22h 1914 Consol Film pf (j2).
22M 1874 Consoi Gas N 7 "a.
so 72h Consol Gas Of 3D..
s% 64 Consoi OIL th42c). 81.
112 1887 Consol Oil pf ts)...
III u Consol Textile. 49,.
13M 9ss Container Corp tA).
/ y Cont Baking tB).
1871 62A Cont Can t2.4ol....
9h Z Cont Dia r ta15cl.
"a 2Sh Cont lnsur tt1.S6).
Ia u Cont Motors. 80.
1914 15h Cont O(Dsl)a12hc.
481a 41& Corn Ex Bk&Tr t3) q.
6S 81 Corn Prod Ref t3)..
157 149 Corn Prod pf T.
6M Az Coty Inc. .......
1914 1874 Cream of Whit VA.
15s4 12h Crosley Radio. .....
% 23la Crown { & 8 "a.
As 431a Crown cas- pft2,70)
5as 31a Crown-Zeilerback. {.
IN Cuba Co. 49,. ....
7% 53t Cuban Am Sugar. .
5SA 40h Cuba Am Sugar pf
AN Al Cudahy Pkg t2h).
3 2 Curtiss Wright.
10k 6L Curftss Wright (Al
Evening star., 1935-03-27
~ 3 Zonite Products.

Fl Is Young Sp q " TIA
2l5k 13 Youngstown S&I q.
Evening star., 1935-03-27

Ia u Vadsco Sales Corp.
21a4 13*s Vanadium Corp. {.
37l3 S4A Wick Chem (t2.40).
As 2Ia Va-Car Chemical. ..
81 72la Va Ell & Pwr pf (6) .
Evening star., 1935-03-27

CAPITAL Traction IS again moved
to a new high mark for the year on
the washington Stock Exchange today,
when they sold at 9Shs. Other trading
was light, Peoples Drug Stores pre-
ferred stock being strong at 1121a and
Potomac Electric Power 512 per cent
preferred also maintaining strength at
114A.
The Baltimore & Ohio Railroad re-
ports net railway operating income on
February amounting to S1,S09. .48O,
gain Of $385,89 over February. 1884
The road also reports a gain Of 1884,.
Gas on net railway operating income
for the first two months Of the year.