Evening Star Newspaper, March 18, 1935, Page 15

FINANCIAL. BONDS REGISTER . SUBSTANTIAL DROP Junior List Sags Fractions to Around 2 Points. U. S. Issues Down. By the Associated Press. NEW YORK, March 18— Bonds followed the trend of equities and Jeading commodities to give ground substantially today. Secondary clas- sifications lost fractions to around 2 points, while high grades and many of the United States Governments were slightly easier. Declines of 1 to 2 points each ap- peared in American & Foreign Power | 5s at 51, St. Paul 5s at 143, Balti- | more & Ohlo 4!:s at 41%, Kansas Gas 4':s at 10272, Postal Telegraph s at 43, Union Pacific 4s at 100'; and Southern Pacific 4!5s at 581x. Belgian 7s, at 106, lost more than 2 pomts on the institution of foreign exchange control there, indicating abandonment of the free gold stand- ard. German issues were as much as 2 points off because of uneasiness over the militaristic developments in that country, Washingtol;hfix?l:ange SALES. Washington Gas 5s 1960—8$500 at 115, $500 at 115. AFTER CALL. Capital Traction 5s—$1,000 at 97, $1,000 at 97. Georgetown Gas 55—$1,000 at 11115, Washington Gas €s “B"—$1,000 at 104. Washington Rwy. & Elec. 45—$1,000 at 1023, $1,000 at 1023,. Potomac Electric Power 6s 1953— $1.000 at 110. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Amer Tel, & Tel, 41z, . Tel. & Tel col. tr. Anucostia & Bot. 35 Ana. & Pot. Guar C. & P. Tel of Va 5s Capital Traction R. R. 5. City & Suburban 5s.. Georgetown Gas 1st 5s FPot. Elec. Pow. Cons. Botomac Elec Gas 5s 195 Asked 07T, | \ISCELLANEOUS Barber & Ross_Inc.. 6las... Chevy Chase Club 51.s ol Country Club D Paper Mifg. s, ... R S FEOT Slofase s STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel ganital, Transic & W Steamboat Lt i & El Co. (12) & Elec. pfd.” (5 Wash. RY. 3 NATIONAL BANK ... TRUST COMPANY. fim?r S!t & Tr Co. (8) 5 Wash Stoan‘ e Tr. (000 SAVINGS BANK Com. & Savings (6) . 150 FIRE INSURANCE (12) ptd Wathington merican orcoran (2.50) en’s (1.60) nal Union (.60) JTILE INSDRANCE €30 te (6 MISCELLANEOUS. arpel Corp (1) 5 €. Paper Mg pfd B Calommersels “A- (1603 Lanston Monotspe (4) .. Mergenthaler Linotype. Peoples Drug St. pf. (8.50) Real Est. M. & G. ptd Security Storage Ry WS cor. ¢ Wawd. & Lotn. com. 11 ki “d\«d & Lothrop pfd. (7). 1127 ... dividend ) ‘extra dividend paid March 11. Columbi Real Est lNVESTMENT TRUSTS NEW YORK. March 18 (P.—New York | Becurity Dealers’ Association (Noon quotations ) : Bid, | Asked. Admin Fund ww . 1319 Am Bankstocks Am Business Shr: Rullock Fund Cumulative Tr Sh Corporate Trust Corporate Trust A Al Corp Tr A A m Eorporite. Frust Accum’ ser m Depos Ins Diversified Tr ividend Shrs ve-Year Fixed » | Australia 4 By private wire direct to The Star. LIBERTY. ln(;‘h‘lfl 1‘0”1'10 1’0111 3 1932-417..... 101 ‘,‘2: $932-47, reg. 10110 10110 10110 1stcv 438 32-47, 10118 10116 10116 4th 4%91933-38..103 4108 103 415 33-38 o %l.fl called.. 10024 10021 10021 TREASURY. .. 10028 100 22 100 22 0314 1037 1037 0316 1037 1037 0414 10410 10410 10411 10410 10411 . 10713 1077 1077 33481941 reg 1076 1076 1076 3148 1944-46.. . 0510 1056 1057 355194043 June 107 10 1079 10710 33%s1941-43 Mar. 10711 1077 10711 3%s51943-47...., 10621 10617 10617 3% 1946-56 10911 1098 1098 48 1944-5¢ 11023 11012 11012 4%s-3%51943-45 10511 1058 1068 4%81947-52... .. 11522 11522 11522 FEDERAL FARM MORTGAGE. 381947, 10128 10122 10122 381949.., 10125 10118 10118 3% 1964. .1036 1033 1033 HOME OWNERS’ LOAN. 4w 1939-49, 1007 1002 1003 3s1952... +... 10126 10116 10116 4s 1951. ves. 10110 10110 10110 FOREIGN BONDS. Low. 2:58 Abitibl Pa&Pw 6% °53. J‘(% Akershus 6s ‘63 Antioquia 78 ‘45 Antioquia 1st Ts Argentine 6s ‘58 B. Argentin 59 Jul Argentine 6s '59 Oc! Argentine 65 '60 Ma. Argentine 6s ‘60 Sept. Argentine 6s ‘61 Febr 8°'56.... 94% 94 Australia 5565 . 1003 100 Australia 65°57...... 100% 993 Austrian 7s '43 gtd... 101 101 93% 92% Belgium 6s °55. | Belgium 6% ‘49, | Belgium 7s°55. Belgium Bergen City 58°60.... Berlin 6s " Berlin 6148 5 Berlin Elec 65 '55 Berlin Elec 6%s *59 Bolivia 73°69. Bolivia 8s'47. Brazil 6158 '26-57 Brazil 6%s '27-57 | Brazil 7s Brazil 8s 41 Bremen St 7. Brisbane 5s'57. Brisbane 6s 50, Buenos A 6s ‘61 Buenos A 6345'61 BuenosA Cy 6%s'55. Bulgaria 78 '67 July coupon off. . Bulgaria T3%s'68 May coupon off. . Canada 4s '60 . Canada 5s'52 Chile 6s '60.. Chile 6s '61 Jan Chile 6s "61 Febr. Chile 6s'61 Sept. Chile 6s " Chile 6s | Chile 7s Chile Mtg Bk 6s '61 Chile Mtg Bk 6s '62.. Chile Mtg Bk 6%s 57 Cologne 6%8'50. Colombia 68 Colombia 6s 61 Oct.. | Copenhagen 415 '63. Copenhazen 58 '52... Cordoba 7s 57 City... Cordoba 7s 57 stpd Cordoba 7842 Prv. Cuba 55 1904-44 Cuba 515 "4 Denmark 4148 '62 Denmark 532s ‘55 Denmark 6s'42. |00'fi1 37 367 95 LElec Pow Ger 6% Elec Pow Ger 6%s Estonia 78 '67....... Finland 6s'45. . Finland 6%s ‘56 Frameric in 73;s '42. French Gov 7155 "41.. 107 Gelsenkirchen 6s "34. Ger Gen El 6s 48 Ger Gen El 613 - Ger Gov 5%s°65 ... Ger Prov & City Bk con Ag 6%s ‘58 Ger Rep 7s'4y. Great Br& Ir 6'&:'37 Hamburg St 6s°46 Helsingfors 6735 '60. Ilseder Steel 6s'48. .. Italy 7s°51 Japan 515 °65. |Japan 613s '54, Karstadt 6s'43...... Kreu&Toll 58'59A cfs Medellin 65s 54. Milan 6338 '52. . Trust Sh A..... Trust Sh B 5 \ Investors Inc ]’!l | Tr Shrs A Fund Tr Shrs B Incorp Ime<|nr< Inv Tr N ¥ Ganiiil avestors Fund of Am nc. Mass Invest Tr Mutual Invest Natjor, Wide Sec vic. N ¥ Bk Tr Sh North “Am. Bond Tr' Cifs! Nor Am Tr Shares Nor Am Tr Sh 19 Nor Am Tr 8h Nor Am T Sh 1958 Plymouth Fund Quarterly Inc shrs of Am Super of Am Tr C Super of Am Tr D. Supervised Shrs . Trust Fund Shrs Trusteed Trusteed Am NEW YORK BANK STOCKS NEW YORK. March 18 (P.—New York Security Dealers’ Association: (Quotations as of 2 o'clock.) Commercial Cont Bk & Tr (RO} gorn Ex Bk & T'(3) 1! First Boston Corp. a0 T} tted St T unl:" Includmb exi —————— 'FEDERAL LAND BANKS ORK. March 18 (M- ~—Federal Llllfl Blnk bonds oll“flln ) Noon ?“ 101% FEE 2 §§§§§§§§§§§§ & SRRRRRRSS2LE! FEFRPE PEFTEE & bt VISIBLE GRAIN SUPPLY. NEW YORK, March 18 () .—The visible supply of American grain shows the following changes in bushels: ‘Wheat decreased 2,113,000, corn de- creased 1,704,000, oats decreased 1,- 1000, rye decreased 486,000, barley lecreased 574,000. go & Eastern Illinois Ry.— New So Wales 55 °57.. Aorway 5l%s 65 Norway 6s '52.. | Norw Mun Bk 55 '67.. Nuremberg 6s 52.... ! Oriental Dev 6s°53.. . 105 161 90 105 160% 90 8 M 8 8 T84 T8 122 120% Y0 &9 Panama 5148°53..... Paris Orl Ry 5%s '68. Paulista Ry s '42.... Peru 6s 60. Peru 6s ‘61 Poland 6s 40, Poland 7s 47, Poland 8s '50. | Porto Alegre 1%- “ 20% 28% 37% 36 40 40 July coupon off . . Pru. 51 Rhein-Main 7s 50 Rhinelbe Un 7s "4 Rhine W EI P §s '52.. Rhine W EI P 6s'53.. | Rio de Jan 63%s 63 Aug coupon off.. 14% 15% 184 TT% | Rlo Gr do Sul 6s 68 June coupon off. . Rio Gr do Sul 8s '46 April coupon off. Home 614852, ...... Roumania 7s '69 Aug coupon off.. 24Y% Sao Paulo St 6s 68 July coupon off . . Saxon Pb W 7s°45. | Stemens & H 78°35... Toho El Pw 7866 Tokio 6%s 61 Toklo El Lt Tolima 7s'47. Unterelb P& L Upper Aus 6%s unm coupon on Uruguay 6s 60 Uruguay 6: Uruguay 8s "4 Warsaw 7s DOMESTIC BONDB. Abr & Straus 6%s '43 1054 Adams Kxp 4543 Alb Per W P 6548 |t THE EVENING STAR, WASHINGTON, D. C., BONDS ON NEW YORK STOCK EXCHANGE Net change . Today ...... Previous day .... Month ago . Year ago 1935 high 1935 low . 1934 high .. 1934 low 1932 low . 1928 nigh .. Today .. Month ago . 1935 high . 1934 high 1928 high .. 7., Anglo-Ch Nitr 7s°45. Armour& Co 4%8°39. Arm of Del 63%s '4!.. Armstrg Cork d 4s°95 ll A T&S Fezn At1&ChA L4 AT&SFeCA flil'fl AtICL un ¢%8°64 At1G & W 158°59. Baldwin Loco 83 °40.. Bang&Aroos cv 48’51, Bang & Aroos 58°43.. Bell T of Pa 5-"0 C Beth Stl pm §s 'l‘ 61 J.- Bos & Me 5567 Bos& NYALd4s 55. B'way&Tth Av 5s°43. Bklyn Edis 65’49 A.. Bklyn M T 68 '68 Bklyn Un El Bklyn Un Gas Bklyn Un G 58 °57 B Hrunl& West 4s°3 Buff R & P §s ‘37 Bush Term cn 58 °55 | Bush T Bldgs 58 '60.. | Calit Packing b: | Calif Pet 55 '39 Car’dian Nt R 414 58'564 Can'dian Nt R 4%8'56 Candian Nt R 41535°57 Can'dian Nt R 4345 68 Can’dian Nt 6s’69July jan Nt 55'690ct. 6 12315 Can’dian Nr db 7s *40 Can'dian Pec db4sperp Can'dian Pc 4%860. Can'dian Pc 5844 cfs Can'dian Pc 5s '64. Caro Cl & O 6s 52 Cent Br U Pac 4s 48, Cent Dis Tel 5s°43... Cent R R B Ga 5537 Cent Steel 8s'4 Cert'd deb 53%s Chesap Cpcv cl 55 -u' 102% 103 Chesap Corp 63 '47 C&Oconbs'39 Ch1 B & Q gen 4 Chi B & Qref s Chi Grt W 4s'59. Chi [n & L gen 55°'66. CM&StP 4s ‘89, CMStP&P68'75 CMStP&P adj 6s 2000 Chi& NW gn 3%s '87 Chi & NW gn 4s ‘87 Chi& NW 4348 2037. . Chi & NW 4155 2037C Chi& NW 4%s"49.., Chi & NW gn 5587, .. Chi& NW rf 6!2037‘ | C&WI 1strf 5%s'62C Chile Cop deb bs '47.. CinGasEl4s'68A... Cin Un Ter 4%s 2020 Cin Un Ter 53'57C. . 3.. CCC&StL rT l%l"l‘ll Clev Short L 4% '61. Clev Un Ter 4%s°71. Clev Un Ter s '13 B Colo Ind cl tr 58 °34... Columbia G & E deb 5s°52 April. Columbia G & B 6s ‘562 May Columbia GEE ConG N Y 6%545 reg BOND AVERAGES Complled by the Associated Press. 10 Indust. —2 92.2 924 948 85.9 95.9 92.3 929 737 20 Rails. 8.3 783 86.0 86.9 878 78.2 394 145 s 1011 10 Low-Yield Bonds. Low. 20 20 % 1% 103% 103% 103% 105 104% 104% 104 104 104 104% 104 104% 102 102 102 109% 109 109% 103% 103% 103% 11 1 108% 108% 108% 99% 70% 85 39 High. 2:55. 111 Bell Te10s"56. ... 111 Cent 1st 315851, 111 Cent coll tr 48 53, 111 Cent ref 4s '55. 111 Cent 4%5°66 111 Cent Lou 334 ICCStLNO4 ICC&StLNO I11 Stee] deb 4345 40, Inland Stl 4348 78 A, Inlald Stl 4%s IntRT1strt Int R T 6332, IntRT 65’32 ctfs Int RT 78°32. Int R T 7832 ctfs Interlake 58 '51 stp. Int Cement 65 '48. Int Gt Nor 6s ‘56 B. 984 29 41% 104% 56 54% 55 6415 944 a1y A1y 10435 104% 6% 56 541 5d% 64 9% 91 91 8% T8% 104% 104 104% 111% 111% 111% 5 100% 100% 117% 117% 121% 121% 103% 103% 1061 10645 591 59% 62 62 33 33 9% 9% 109% 109% 105% 105 Int Hydro El 6s Int Pap ref 6s °5i Int T& Tev4%s 3. Int Tel & Tel ¢1%48 62 Int Tel & Tel 6s '66. Inv Equity 58 ‘47 Inv Eq 58 48 B xw Iowa Cent 6s 38 c| KanCP& L 4% KanCP& L 4%4s°61. Kan C Sou 1st 38 50. . Kan C Sou rf in 63 ‘50 Kan C Ter 1st 4s ‘60, 62% 331 9% 109% Kendall 6%8s Kings County Elev | Laclede Gas b: Laclede G 6% s '60D, LE& Wn 1st6s'37. Lake S&M S0 3% 59’ Lautaro Nitr 6s '54. 103% 112 110% 10415 113% > 116% LVNY43s'40gtd, L V Pa con 4s 2003. Ligg & Myr 6851 Ligg & Myr 7s 44 Loew's 6s '41. Long Isl ref 4549 Lorrillard 7s'44 La & Ark 55 °69. L & N unif 4s°40.., T &N 41452003 C L&N56s2003 B 1067 84% 97 1124 Manati Sugar mod Manhat R 43" Manhat R MIIER&SLrfbs71 MilSpa & N W 45 °47. MStP&SSM cn 4 MoK & T 1st 45°50.. MoK&T4s'62B MoK&TH5s'62A Mo K & T adj bs '67. Mo Pac 43 °75. Mo Pac 6871 F. 78 3% 36% Mo Pac 6%s ‘49 Mob & Oh 4%s'77. Mont Cent 65 °37... Mont Pwr ref Mor & Esx T %3 2000. 354 Murray Body 6%s 34 5 Nassau El 4s 51 gtd. Nat Dairy 6%s 48 Nat R M 4348’57 Nat Steel 6356 Newb'ry(JJ)5% New E T&T 4%s '61. 20% 20t 107% 107% 107 107% 96% 96'% 10314 103% 10314 103% 80% 80% 106% 106% 110% 110% 114 103%¢ 103% 0% 1068 110% 6 NewOr PS6s'52A New Or T&M 63 '54 B N Y Brkin&M B 55’35 N Y Cent 3338 °97. ¥ Y Cent con 4s°98. N Y Centrf 4= 201 N ¥ Cent rf41582013n N Y Centrt6: zoll. N Y Centev NYCLSh3%s NYC&StL 1st NYC&StL 4%s'78.., NYC&StL 6%s'74 A, 55 53% 53% 101‘6 lOlh lg(l"h 88'/- 96% 4% 2 12 1% 71 1% 105% 106% 105% 35% 35% 35% 103% 103% 108% 105% 105 106% Container deb 63 °43.. a Container 63 Crown Will P 6s’61.. Cuba R R 1st bs '62.... Cuba R R ref 1%s 36 Cuba Nor RR 5% Cuban Cane P Cumb T & T 6 Det Edison 5s '62 Det Edison rf 65 DNodge 2 cv db 6s "4 Dul & Ir Rg 6837, Dul S S &At 58 37 Dugqu Lt 1st 4% —_— & Hel trés's0 & H cv 6 2% 2% 424 W W% 106% 106% 106% 79 78% 79 100% 100% 1004 90 8914 89% 25% 2414 24% 8 ™% 8 T 7 7 4% 14 14 1104 109% 110% 107% 107% 107% 109% 109% 109% 109% 109% 109% 105% 105% 105% ReEE ww 2 1 @ - W cf 51. team 1st 6s "47. el gen44w'39. . g 1 0 M k) E| Norf&W 1st ¢s North Am Co 6s East Cuba 8 1%s 37, 4 E Tenn lien 58 °38. ElIP&S W ref 6565 Eriecv 4s 53 B... Erl Etfe Gen Riv 6s 6l ——— Fed Lt & Tr int Fed Lt & Tr bs ‘42 st. Fla ECRy 68 74..... Fla EC Ry bs 74 cfs. —— Gannett 63°43. Nor'n Pac 4%s 2047.. Nor'n Pac 55 2047 C.. Nor Sts P 1st 68 NornStPés'41B Ohio Pub Ser 73%s 46 Ont Pw Niag 6843 OreRR& gtd Ore WR R&N 4861 Otis Steel 63°41. PacG&ESs 43 Pac R R Mo 1st 55% 115 86% 86% 86% 86% 86% 86% 750 0 5% 5% 5% 103% 103% 103% 1024% 102 102 8% 115 115 93% 92% 93 | Par-F-La 68’47 flled. 1081 108 108% 105 104% 104% lol 105% mm 'S% u Hud & Man inc 55 '67. Hud & Man ref 6’67, Indlll &Ia 1st 4s'50, . 39.. Laclede G §'%4s°'53C.. Mor & Esx 4%s8 '56... NewOr PS 68’65 B. . NYC&StL 1st 63°35. . rap Rock 6s'46. 10 otil. +.2 High. Low. 2:55. 454 45% 3515 B8% 88% 88% 1097% 109 109% 100 100 100 64 64 7% 5 45 45% 90% b1y b4 108 % 967 4 105 104% 87% 544 51 103% 1065 4 7%s 42 ctts stp. . MStP&SSM rf 6546 A 22% 224 4% 5% 101% 1024 102% 93 93 88 88 100 100 51 51 103% 102% 103's 2% 2% 106% 106% 104% 104% 104 | - 118 117% 11% 100% 100 65% 65'% 65's 55;' 65 65 24 24 . XOZK 102% 102 93% 93 931 T4% 3% T4u 47 46% 46% 47 46 46% 50 49% 49% 101 100% 100% 82 82 82 101% 101'5 101% 50% 495 49% 59% 59 59% 53 53 53 . 107% 107% 107% 66 65 65 4 4 M 109% 108% 108% 100 | | By the Assoclated Press. High. Low. 2 102% 102% 104 103% 1% TT%h 110 110 109% 109% 30% 80 107% 107 108 64% Phila B&W 434 Phila B&W 4% Phila Co bs ‘67. Phila El Co 45 'T1 Phila £1Co 4% Phila& RC& 1 Phila& RC& 1 Philippine Ry 4 Phillips Pet 51,5 '39.. PCC&StL 5s 75 Port Gen El 4% Port Gen E 43%5'60as. Postal Tel & C 68 '53. Pub S El & G 418 '67 Pure Oil 6%s'37..... Pure Ofl 6%s '40. . Purity Bak 5s'48.... Reading Jer C 4s '51.. Reading R 4%s'97 A. Reading R 4%s 97 B, Rem-Rd 5 %8s '17TAww Rep 1&Stl 5%s 63 A. Revere Cop & B 6s 48 Richfield Ofl 6s ‘44. .. Richfield O 6s ‘44 ctfs Rio G W col 4349 A. RIA&LI1st4%s 34 106% 1061 994 99% 58% 58% 10 10 9% 9% St Jo Lead 5%s StJo Ry L T&P 6s'37 St L IM&S R&G 4833 StL-SF4s'50A..... 8t L-S F 45 °50 A ctfs. StL-SF4%s’18..... BtL-SF 43%s'78 cf st StL-SF58'50B..... StPM&MPac ex 4 o St P M&M ext bs '43. St P U Dep ref 58 '72. San A&A Pass 45°43. San An PbS6s'52 A, Seabd A L6s'45A... Seabd A-Fla 65’354 ct Sharon S H5%s'48.. Shell Pipe L 65 '52. Shell Un Of1 5847 Sierra& S F P 6s'49.. 11 11 100% 100% 106% 106% 116'% 116% 5 106% 5% 81% s Sinc Con O 7537 A Skelly Ofl 6%5 '39. SoBellT&T 5s'41.. So Colo Pow 6s ‘47 A. So Pac col 4s°49. So Pac ref 4s°s So Pac 418 '68. So Pac 43,869, So Pac 4%s°81 So Pac Ore 4%877... So Pac S F Ter 45 '50. So Ry gen 45’56 A... So Ry bs '94 . So Ry gen 6s 'l So Ry 6%5 56 Southw Bell T 63 ‘64.. Stand OfI N ¥ 4% 851 Studebaker 6s ‘42 | Studebaker 6s '42 Studebaker cv 65’4, ‘Tenn Cent 6s ‘4 Tex & Pac 5s°79C. Tex & Pac 1st 5. Third Av ref 4s 60 Third A ad In ex 5. Tol St L & W 4550 Truax TC 64 3. Trumbull Stl UnOCal s 45 rc ww Un Pac 1st 4347 Un Pac 45 '68. | Un Pac 1st rf 48 2008 Un Pac 4%s ‘67 | Un Pac 1st rf 55 2008, | Unit Biscuit 6s "¢2. Unit Drug 58'63.... U S Rubber 58°47.... Utah L& T 5844 A.. | Utah P& L 6544 Utica G & E 58 57 |Uti P& Lss: 9w Ul P& L5%s"47. Vanadium cv 5s "41 4 | VCr&P 1st4; Va EI&P 58 '5: | VaEl&Pev 5% Va EI&P 5%s Va Ry 1st bs 6. \\'uworm 63 45 A | Warner Broscv 6s ‘39 | Warner Quin 6s°39. . Wash W P 1st 5s 39. W Sh 1st 48 2361 reg. West'n El deb 6 "44. . West'n Md ist 4s°52. | West'n Md 5%s 71 West'n Pac 5s46A WPaPlistbs'46 A WPaPlstés 63 E W Pa P 1st5s'56G West'n Un 445 ‘50 111 118 1095 | West'n Un 55 51. West'n Un bs '60. West'n Un 64s 36. Wheel St1 423 '53... W Sp Stlconis 35ct Wilson&Co 18t 68 '41. WisCS & D ter 48’36 93 93 3% Y3l Youngtn S&T (s'70 B 93 Youngtn S&T 5s'18 A 935 Chicago Grain CHICAGO, March 18.—Tense Eu- ropean political and financial condi- tions led to all-around lower prices for grains today. Indications of absence of confidence on the part of buyers of grains were | much in evidence. Little attention was given to supply and demand factors. ‘Wheat closed unsettled, #sally un- der Saturday’s finish, May, 91a91's; Hu higer. corn, %al cent down, May, 765276 oats, };al off, and provisions show- ing 12 to 25 cents decline. High. 91ta 109% 109% 109% | 2ul¥ 114 113% 114 - 120% 120% 120% - 1013 1013 1013 | Ma: 99% 99% 2 107% 107% 111% 111 « 111% 111% 61 61 19% 19 7 70 13% 13% 108 108 113Y% 113% North Am Ed s 'i'l A | 108 108% 108% U T8 4% 103% 103% 103% 81 81 81 86 86 86 85% 85% 8% % 93 07% 107% 107% 12 112 112 112 112 112 108 108 108 116% 116% 116% Chifl(l Cllh Market. ‘Wheat—No. 2, red, 92},-93. Corn— No. 3, yellow, 79-81; No. 3, white, 841;. Oats—No. 2, white, 48. No rye; no buckwheat; soy beans, No. 2, yellow, 1.00 net track country stations; barley, quotable range, 68-1.20; tim- 44% |othy seed, 17.00-18.00 per hundred- weight; clover seed, 15.50-19.00. Baltimore nuux.uom BALTIMORE. Ma 18 P).—Wheat. Ted Winter. Atilcky, spot domeshic, rch, 93, Liverpool Grain Prices. LIVERPOOL. March 18 (). —When fu- tures closed steady. Close. Elose. 5 3 Octobe: 102% 102% 102% 834 83% 834 106% 106% 106% 99% 99% 107 107 Par-Pub i%l'i@el{l January net loss was $144,531 vs. net loss of $226,039 in January, 1934. 3 Am T & T gold 4s°36. 102% 102 102% AmT&T %8 °39. Am T&T el tr bs Am T & T deb 6: Hoe Val 43899 87 | Houston O11 § €81 ' Hudson Ceal 68 68... Iy ’ Am Wat Wks és° 'li.. 68% 68 66 70% 6% 84% 3% 891 88% 89 114% 114% 114% 881 881 88W 40% 40 40% ' “ 70% 6% 93% PmOLDHh'".. 104% 104 104 RR4 u-'n D. 102% 102% 102% 4 02% 102 102% 116% 116% 116% 9% 9K 9% 106 105% 106 06 105% 106 12% 112 1124% 105 PHILADELPHIA PRODUCE. PHILADELPHIA. March 18 (.—Live poultsy. fowls, Flvinouth Rocks. fancy 31: lors. 20; white Leghorns. fancy. 30: : old roosters, 18; siaggy your hatched broilers. ul 2382 mized. cholce. 21822, . “young 20822 . white 18a19: m]lld colors. 16a17; colors Balg: biack. 14, to Dnerent: Pold. ¥ s O o udRe: Loty Thand. 20, SAVANNAH NAVAL STORES. ANNAH, March 18 (. —Turpentine . ‘n-iha. M.sneelnu. 27: n‘n_lxg 104% 104% § 6% | - | phies | steady. | broken cars on | crates. | Supplies moderate: demand light: | on tra MONDAY, MARCH 18, 1935. EGG QUOTATION BARELY STEADY) ©- Current Receipfs Quoted at 19 Cents on Capital Produce Market. Egg quotations were barely steady at unchanged levels on the Washing- ton produce market today. Current receipts were quoted at 19 cents and hennery whites at 20 to 21 cents. The summary, with live poultry, fruit and vegetable prices furnished by the Department of Agriculture, follows: BU"m—OnP-Wllhd prints (02 score). : 1-pound prints (90 score). i 1-pound prints (K9 score). 1873: strip bacon. 15‘1 16" compound, U 8. exira d dated l'hlle !ns U. , mediums. 20%3: 8. extras g iy e ghorfis, 10817 momu g Snrml l‘hitk"\s Plymouth R 24 turkeys o 6 pounas. Fruits and Vesetables, Sales in large lots by original receivers. up to 8 am. today APPLES_One Washington arrived: one car diverted: no cars on track. Bushels. Supplies moderate: = demand market weak Virginia. Staymans, No. 1. 2!-inch minimum. " inch minimum. 1.2 moderate U s 19581 40: No 1. minimum.’ 90: Ys-inch minimim, 1.25; 93-inch minimum. 11381 50: Biack Twigs U. 8 No 1. “iiinch minimum £0a1.00: 233-inch minimu 23,-inch ‘minimum, | Newtowns. U. 8. No. mostly around ostl 1:-inch minimum. S04} 00 lon. medium (o large sizes. Soay- extra fancy. 5: Delicious. extra Y0a” 25 "Spitzenburgs. extra ne FPlorids. _three New o broke : broken' cars on irack - New" Stock.: Sup. ‘moderate mans. fancy. fancy. CABBAGE—One York _arrives d Old_steek Bunnhn light dull o ateel demand ligh Yorl 50-pound sac] One”“Fiofida arrived: four unbroken cars on track. Supplles moderate: demand light; market Florida 10-inch crate: ed. -8 dozen, truck ti - receipts few higher; fair 200, small sizes, " LETTUCE—Two Arizona. three Califor- Dia,arrived: four broken and seven un- rack Tcehery ¢ 5 condition 100 Southern stock: tically no_supplies on the market ONIONS —One New York arrived: one broken and one unbroken cars on track steady Michigan 50-pound sacks. yellows U. §. Washington S0 pound sacks. Vafenti inches and larger. 2.50 PEAS—One California. one Florida ar- rived. two broken and two unbroken cars Western stock: Supplies light: light: market steady. i Dushel hampers. Telephones ithern stock racticall on the market Soe market New York \(and Otilo. Potato Prices Stead: POTATOES—One TIdaho. eight Matne. | one New York arrived: five broken and 15 | unbroken cars on track. Old stock: Sul Ries iberal; demand liht: market e | New York. und sacks. round whites. U8 No1! ): fair condition. 65275 Pinnsylvania . _rou: whites. U. 8. No few higher: Maine. N00-pound sacks. Green Mountains. . 1.10a1.15; Tdaho. 100-pound sack russet Burbanks. U. 8. N P00 “New | stock market steady. Blyss Triumphs 3 SPINACH—Two Texas broken and twe unbroken cars on track Bupplies light: demand light: market eady. Bushel baskets: Texas. 1.50: South Carolina, 15081 80 STRAWBERRIES—One Florida by ex- | Bress Arrived: one broken car on track !Ani%l;u me demand moderate: market | orida crates. per pint. expre receipte 16 il metee ! WEETS—One North Carolina arrived: ope ‘AREroEeR T o track. ~Supplies mod- erate: demand light: market steady. North Carolina_ bushe] baskets Puerto Ricans, fair_condition. 7581 00: Mary'and. Anne ;whel hampers. y 1 ennessee. b m- N H S. No. 1, 1.00a1.10, P OMATOES - One "Florida_arrived one unbroken car on track. Supplies demand light: market steady. Florid: boxes, green and turning. wrapped. 50: poorer. 2.5() Cuba. 10-1b. vas: kfl« ripes wrapned. 0 alifo 902,00 TXED " VEGETABLESOne. Georsia. one Texas arrived: one car diverted: two unbroken ears on track IMA BEANS _Supplies moderate: de- mand lisnt: ket steads. Cuba. bushel hampers best 200 GREEN BEANS—Two Florida arrived one broken and one_ unbroken cars on track. Approximately 200 packages by ex- press arrived: supplies liberal: demand light: market weak. Plorida, bushel ham- pers.green flat tvoe 1.50a1.75. P!PPERB—S’XDK-I!M light: demand light ::;:Iketlue.dv 11 bushel crates, light: EGGPLANT—Supplies demand Cuba, light" market _steady. 1':-bushel crates, 3.00a3.50. Cucumbers Also Steady. CUCUMBERS—Supplies _light: demand lght: market steady. Florida. bushel hampers, 4.00. CRRA—Practically no supplies on the market SQUASH—Approximately 100 packages by express received: supplies liberal mand slow: market steady hampers | ¥hite, wrapped. and 00212 Crooknecks. JogREEN, CORN_ Supplies lieht: demand slow: ~market ' dull. _Florida. ~ standard crates. via Baltimcre. fair condition. 2.50. light: demand light: Virginia. bushel baskets, Yellow KALE—Supplies | market _steady. 1.00a1.50 COLLARDS—Practically no supplies on the_market. RHU] BARB—suunms moderate: demand et steadv. Mic 5 CARROTS—Two California broken and two unbroken California. crates. 3.00a3.2 bushel baskets. SALSTFY ' Nearbv sections. 5a6 mer bunch LANDCRESS—Virginia. bushel baskets. 08 TURNIPSvG!Dl‘KII crates. 1.90a2.00. PINEAPPLES—Puerto Rico. crates. 3.50 #4.50. according to size and condition (AVOCADOS "California. ~ boxes. 1.75a 2. ripe 5 1.00 HONEYDEWS—Chile. standard erates. IGES—Five California. two Plorida arrived: nine unbroken cars on track Florida. boxes. . 2.00a3.00. according to erade and size: California. 3.00a3.75. as arrived Florida . as to size and grade: few special marks higher. RADISHES—South Carolina. ~ crates. 1.25a1.50. BROCCOLI—No _carlot _arri broken and one unbroken cars en track™™ AR Arvivai. Takcs rrived: one on track New York. L. Express rolina. 10 craies aspara bushel crates radishes, 30 bushel adis ifornis cum “limes. 27 bushel baskets green peas. 65 bushel baskets peppers. 40 crates pep. pers. 105 bushel baskets sh. tomatoes; nnsylvania, 3-pound Msk!ts mushrooms: North Caro- ina. 28 bushel baskets salad _gree: Michigan. 63 55-pound cartons rhuba unknown’ orisin. crates mixed veR — REO DEALERS ADDED. LANSING, Mich., March 18 (Spe- cial) —Reo Motor Car Co. added 8 new distributors and 33 new dealers to its domestic sales organization during the first 12 days in March, compared with the preceding six weeks’ record of 6 new distributors and 58 new dealers. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & Indiana Ave. N.W. LOANS On Improved District of Columbia Real Estate Security 73rd series of stock now open for subscription three | 4-10 | U s | { Florida, bushel | for depreciation and depletion, a net | ol FINANCIAL. Dollar Advances To 4.763; Level London Mart By the Associate . Press. LONDON, March 18.—The United States dollar gained 3% cents to the pound today, closing at 4.76% to the pound, as compared with Saturday’s close of 4.80. The opening was at 4.78Y,. The French franc closed at 72.18 to the pound as compared to Satur- day’s close of 72.90. PARIS, March 18 (#)—Three per cent rentes 78 francs 60 centimes; 45 per cent rentes, 90.40. Exchange on London, 72.36. The dollar was quoted at 15.16%. ONGRESS SPEEDS TRADE MEASURES Bank and Holding Company | Bills Being Whipped Into Shape Rapidly. BY FREDERICK GARDNER, Associated Press Financial Writer. Signs of a rift in the legislative #¥¥ A5 STEEL RATE SAGS AGAIN' IN- WEEK Magazine Reports Reces- sion of 2 Points to 48 Per Cent Level. By the Associated Press. CLEVELAND, March 18.—Steel- works operations declined 2 points to 48 per cent last week, the magazine Steel reports today. Recent developments in Washing- ton, reflecting uncertainties, are given as one of the major reasons for the decrease. The magazine points out, however, that a decline at this time of the year is not without precedent. ‘The steel business is following the same trend at the end of the first quarter as in March of each year since 1929, Steel declares. “At the moment. business secems to be dammed up,” it continues, “and | sentiment in the market is weaker.” “Contributing to this are the two Government reports on the steel in- dustry’s basing point system, one by the Federal Trade Commission un- equivocally opposed to any except an 1. 0. b. mill price, the other by N. R. A. urging group mill bases, each base to have a 50-mile radius. “The presumption is some compro- blockade have moved business leaders | to take stock of economic measures | on the congressional docket. Observers on Capitol Hill expect the | legislative machinery, after its slow | 1 | start, to gather speed. The soldiers’ bonus and social security measures are slated for early consideration in the House. | House committees conducting hear- | ings on the two most controversial | bills bearing on economic destinies of the country—the banking and public utility holding company measures— | “stepped on the gas” last week. But much ground remains to be covered on both bills and indications are they will not be whipped into - | shape in commitee for several weeks. Meanwhile, numerous other legisla- | tive proposals to extend Federal con- | trol over business, to regulate relations | between labor and capital and to make use of the Government's credit are waiting in line for hearing after the more urgent administration measures are out of the way. Controversy over the holding com- pany bill has warmed up and the Capital expects the legislative battle over that far-reaching measure to be one of the hottest of the session. | Neither side is sparing ammunition. | Charges of highly-geared “propa- ganda” campaigns for and against the bill echo in and out of the hearings as utility executives began their fight agamnst extinction of their holding | units. The banking bill has made a tamer start. its provisions for changing the Federal | Reserve law contains enough dynamite to set off loud detonations in Congress and elsewhere. Business scouts on the New Deal front also are watching closely the progress of bills to amend the agri- | cultural adjustment act, involving the licensing of processors; the 30-hour work bill; the Guffey bill to make the | | soft coal industry a public utility sub- | ject to Federal control; extension of the N. R. A., transportation bills and | proposals for a ship subsidy. A host of lesser proposals, ranging from taxes on hig business to measures | for establishment of a central bank | and to pay off the Government debt in “greenbacks,” would use Federal | power to mold new economic p-mms.‘, PROFITS INCREASED | BY UNION CARBIDE | Company Earns $2.25 a Share in 1934, Compared With $1.57 a Share in Previous Year. | Spectal Dispateh to The Star. | NEW YORK, March 18.—The Union Carbide & Carbon Corp. reports for 1934, after all charges and reserves income of $20,27744262, equal $2.25 per share on 9.000,743 shares of capital stock outstanding. This compares with net income for 1933 of $14,172,927.09, or $1.57 per share on the same number of shares in 1933. The dividend rate was increased from 25 cents per share per quarter to 35 cents, effective with the divi- dends payable July 2, 1934, and to 40 cents, effective April 1, 1935. But those familiar with it say | mise to consumers’' advantage will be worked out by June 16, the final date for the renewal of codes. In the meantime, this is expected to be a factor in holding back all but most urgent steel demands. Although a few lake sheet mills are operating at capacity to complete quarterly contracts by March 31, the national average is down 5 points to 55 per cent for galvanized sheets and 75 per cent for the full-finished grades, the magazine states. Shipments of practically all fin- ished steel products, except tin plate, are down in Pittsburgh and some other districts. Ingot output in Pitts- burgh is scheduled for a reduction this week. Steel points out that the automobile industry has set a goal of another | million cars as its mark for the second ! quarter. Manufacturers turned out 97,000 cars last week, 11,000 more than the preceding week. Expansion in automobile factories brought orders for 10,424 tons of steel. Steel's iron and steel price com- posite is down 1 cent to $32.38. with finished steel unchanged at $54. Estimates Still Lower. NEW YORK. March 18 (. —The rate of steel operations showed an- other small decline this week to 46.8 per cent. according to the estimate of the American Iron & Steel Insti- tute issued today. In the previous week schedules were at 47.1 per cent of capacity. The currently estimated rate com- pares with 49.1 per cent a month ago and 468 per cent in the same week last year. The decline from last week is .3 of a point or .6 of 1 per cent. UTILITY EARNINGS IMPROVE SAN FRANCISCO, March 18 (#).— | Pacific Gas & Electric Co.’s annual report showed earnings of $17,692,223 | for preferred and common stocks, s \glm of $296.516 over 1933 Second Trust Notes We will buy monthly payment de- ferred purchase money second trust notes, secured on owner pied dwellings in District of Columbia. Union Finance Co. 916 Woodward Blds. Nat'l 7938 Mortgage Money For Construction Loans and Loans on Improv:d Residential Property in The District of Columbia 5%2% Prompt actiom. B. F. SAUL CO. 925 15th St. Natl. 2100 The consolidated balance sheet of | the company as of December 31, 1934, shows current assets of $74,886.351.02, and. current liabilities of $12,009,- 815.06. as compared with $70,229.- 92545 and $8,893,575.76 at the close of 1933. Cash and marketable securities (at market December 31, 1934) were $20,- 410,103.63, as compared with $18,321.- 023.32 at the close of 1933. Inven- tories amounted to $41.28104282, against $39.094,198.47 for 1933. During the year the number of stockholders increased from 52,653 to 53,217, U. S. TREASURY NOTES. (anrted by Chas. D. B-rney & Co) Rate—Maturit: June 15, 1935. 101 n— 1rn For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged or Easy Montbly Payments MIMBER BUILDING & ASSOCIATION COUNCRL | Equitable Co-Ope ASSETS $6,492,976.24 Organized 1879 JOHN JOY EDSON. President Subscriptions for the 108th Issue of Stock Being Received Do You De rative Bldg Ass'n = 55th YEAR COMPLETED. WALTER 8§ PRATT Jr. Secretary. T p—— sire a Loan —on Real Estate or to Take Up First Mortgage? 'l‘HosE desiring money to purchase a home, refinance present indebtedness or improve property should consult us. Applications will receive prompt and courteous attention. 915 F St. N.W. Loans Repayable Monthly Take 12 Years to Repcy Your Loan Nat. 1741