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Sodus and Gasport Banks Obtain Loans The statement of loans authorized in the day period under Section of the at rate of interest of act cent., includes: per New York Bellerose, First NationBank, of, $90,000; Depew, Bank of Depew, $15,000; Gasport, First tional Bank (receiver). Manufacturers' National Bank Ilion $50,000; Mahopac, Mahopac National Bank of, Newfane, State Bank of, $17,500; Sodus, First National Bank of,
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Transactions on the New York Stock Exchange Stock Sales 1,255,270 Shares Prev. (Prev. '32-'33) Prev. (Prev. Prev. High Low Stock Div. Close Open High Low Stock and Open High Low High Low Div. Open High Low and Insuranshar 1% 1% 1% 20 Wesson 9% 1% Adams Express. 4% 4½ 14% Rap 6% 6% 4% 4% Western Pacific. 9% 9% 88 88 Prods 9% Int 50 12% Western Union. Air 3. 57 Harvest West Brak 16% Alaska .60 11% 2% 15% Westing Elect 3% Nickel 7% Alleghany 3½ Interna 281/2 White Rk Spgs 897/8 Allied 12% 2% Wilcox 120 121 44% 26% 26% Internat % Willys Overland Chalmers 15% 22% 20% 29% Am 58% 58% DEPEW BANK CLOSED 33% 10 Manville 19 Johns 27 Am For 5% 5% Am 101/4 10% 10% 14% Kayser 7% Directors Ask Banking DepartAm 51% Am 36% 36% Kennecott 8% ment to Take Charge. 31% 3% Am Kresge 32 32 10 Groc Kroger The Bank of Depew did not 28% 29 28% 29 25 Lambert Co Thursday ing 91/4 evening which was voted Power 12 Lehigh place the institution in the hands of 10 the Lehigh State Banking Rad 42% 42% Elmer Nash, Lehman 58 his the his Ref 22 12 12 home may be able to Re 37% Examiners charge of the bank Am Friday and began an audit Am Lorillard to determine its exact condition Earl Am Sumatra 26% in charge of the State 100% 100 99% 18 18 18 17% 17% Banking Buffalo district 55% confirmed the bank closing and 58 56% 10 15% 15% Trucks an be issued from New York city Am 9% 10 10 Manh Manhat'n Deposits recently have been reAnchor Cap 60. ported in half million dolMarine Mid Armour Marshall lars. A recent statement placed loans Armour of 16 16 outstanding Math on the door of the 20 94 10 special of the board 86 63 McIntyre of the of Depew 44 49 Bank held Feb at the Atlantic 15% agreed by Auburn the undersigned directors that for the 87/8 Aviation best interests the of the institution the and 35 26 continuous withdrawal deposits 21% 3% 10% that the of banks be Balti & requested to take of this 99 62 Bambgr bank. Barnsdall Elmer Nash Bendix Aviation 2½ Murray 30 30 William Idsardi B. Michael Pepoczek Bohn Motors Edward Kupczynski 37% Bippert Borg Warner Albert 19% Maine Mr Bock the bank's cashier. 11% Briggs Bklyn Manhat 50. RAILROAD CREDIT LOANS 78% Bklyn National 46 PLACED AT $48,136,052 Bklyn Nevada Copper Budd Central Railroad Credit has corporation 40. thorized in Investors roads meet their fixed interest ob24% Byers 151/2 Haven H Actual loans totaled $48 Of 78% 12 19 8% 8% 10% amount has been re8% 8% carried FriCo 21% Noranda 20% day in the monthly re20% Canadian Capital Am 5% 5% Adminis The corporation receives and dis65% 42% 15 15 14% 15 25% Northern Pac money 15 50 on by the In201/2 5 50. Funds Cerro Oliver derived from the rate Chesa Elevator 12 the first 11 months of 1932 were $57, Chesa Otis 3% 12 Owens Glass INVESTMENT TRUSTS 28% 28% 28% Island NEW YORK Motor 21/4 the counter 14 Chi Yello Cab 1 80. market Chickasha Oil Paramo't Cor Gen 78 Pathe Exchange 1.65 91/2 5% Penney Fdrs 40 69 Stand A Industry 1.94 Colum Dodge 3½ 11% Com'l Trust Philip Shrs 3% 13% Com .60. 10% .60 Pittston Diversified 2.30 Plymouth Diversified Congoleum 7% 42% 1.11 234 Cons 5.62 Gas 53 pf. 13% Consol 97 Inc Pullman Sec 51/4 51/4 71/4 Purity 20 Shrs 15% A 2.50 251/4 Cont B Nation Sec Radio Continental 5% 1.90 Raybestos Sh 1956 56% Corn Second 140 Corn 142 139% 139% Second 7% Coty Sec 1st 1.85 Wheat 27 27 271/4 261/2 Reyn Tobac 3. Crown Cork Rossia Insura Cuba Am Sugar Am 1.05 Curtiss Wright Safeway Store 39% 12 3½ Cutler Hammer 5% 5% 5% 5% 7% BB Am Schulte Ret 7% 21/4 Davega 51/4 Seab 15% Fund Shrs 32 50 Sears Roebuck Servel 15% Trustee 15 15 B 3% Snider Trustee Shrs Doug Socony 40 57 22 Dupont deN 35% Southern Pac 5% Bank Eastm Kodak 55% Elec & 10% Pow 16 5% 5% 5% Tr Sh 5% 5% 15 24 24 Stor 241/4 24 MONEY AND EXCHANGE Johnson 251/4 25 Erie RR 5% 5% 5% 5% 5% Sterling A FOREIGN EXCHANGE NEW YORK Feb. following are 6 Fidel Phen 22 amounts Sterlg Sec Cables Par Demand 10 56 35 Stewart Sterling $3.39% 101/4 Fourth In Stone Webst. 5.2631 Studebaker Belgium 28% 10 Freeport 22% 22% 221/4 Superior Germany Holland Snubber Tenn Corp Switzerland 35% 19% 13 27% 56% Argentina 12 Gen 11% 10 60. Thatcher Mfg Gen 23% 23 23 23% Exchange. 2% 100 cents per Canadian 28 40 40 40 6% 24% 7% Motors 12% 12% 23 Timk Bear Call The market low Gen Pub ing 28% Rail 18% Commercial Paper. 11% Bag 8½ 26 paper in the market 36% 20 Gillette Raz. 16% Union Pacific Time Gimbel 23 loans Mixed collat3% 56 51 Adolph 3% days. 20% United 12% 14% Carbon cent 103 101 per five to six % per United 12% Goodrich United 40. Co Corp Rediscount Goodrich 12 39% 35% 36 The rate 29% Goodyear 32% 11% New 30% Goth district Graham 1% 27 201/2 201/2 Bankers' Acceptances. 141/2 Grant Thirty days North Ore Leather 25 Gt North 91/4 71/4 .50 8% 81/4 12 West Sugar 11% Six Rubber Co 1/4 Hayes Body BUFFALO CLEARINGS Cor 81% 50 16% Friday Helme 701/2 22% Thursday 83 Hershey 27 52% 163 110 Homestake 157 158 158% 157 day last month 7½ Houdaille Her 10% Utility 3,500,000.00 Clearings week ending Houston Oil Houston Detin's 15 16 16 Vulcan week year 161/2 Howe Sound 40. Bank 00 5% week last year Hupp Car Wabash Warner Bro TREASURY ATEMENT 247/8 4% Illinois 20 Warn pf. Feb. 40 Indust 321/4 3% 3% receipts for Feb 32% Warren Bros 3% 3% 14% Ingersoll 24 Warren for Insu'hare of Del Warner 94 ½ Quinlan