Evening Star Newspaper, June 10, 1935, Page 19

FINANCIAL. RAILROAD BONDS REGISTER GAINS Rest of Market Displays Stable Tone—Federal Group Improves. By the Associated Press. NEW YORK, June 10—The bond market showed a stable tone today with rail issues supplying most of the group gains. United States Governments proved in quiet trading. At the close Treasury loans were quoted 1-32 to 6-32 of a point above the previous finals, Some of the Missouri Pacific loans im- By private wire direct to The Star. Approximate Transactions Today. U, S. Gov't Bonda...... $1,410,000 Forelgn Bonds. 980,000 Domestic Bond 6,900,000 LIBERTY. m-n Lew. Close. 3145 1932-47. 100 4th 418 198! 1 2 10181 lo: 4th 4% 33-38 rg. 10130 10130 10130 TREASURY. 273 1955-60, 4400 10118 10116 101 16 10824 10328 10824 10324 10824 10324 1064 10681 1084 10425 104 25 10425 1083 1086 10531 1065 1062 1062 108 1081 108 1083 3143 1944-46 reg 33%s 1940+43 June 108 1 3%s1941-43 Mar, 1083 835 1943-47.... xon {4%8-3%8 194345 10610 1067 10810 4%s1947-52..... 11622 11622 11622 THE EVENING STAR, WASHINGTON, 1935 high . 1936 low .... 1034 high ... 1934 low 1932 low 1928 high . Today, close.. Month ago 1935 high 1934 high 1928 high .. BOND AVERAGES Compiled by the Associated Press. 20 10 Rails. , Indust. +1 +2 9.9 96.1 9.8 95.9 9.5 96.8 88.6 884 818 9.0 164 929 10 Low-Yield Bonds. «.. 109.4 Previous day 109.7 Year ago . . 1103 1935 low .. . 1083 1934 low . 1044 1932 low D. C., MONDAY, BONDS ON NEW YORK STOCK EXCHANGE High. Low. Close. 104% 104% 1044 1075% 107 107% Penn RR 448 Penn RRgn ¢% 106% 105% 113% 113 113 103% 108% 10384 4348 °81. .. 106% 106 105% ‘47, 105 104% 104% 6L 60% 60% 784 8% T8Y | 110 110 9% 94y +o 106% 108% 106% Phlia E1Co 4% 108% 108% 108% Phila&RC& | Phila&RC& Philippine R 43 B.. 111% 111% 111% 8717 C.. 106 106 108 60 C 53% B53% 68y Port AC&D 6s'53 A.. 78% TT% 1T% ‘60.. 68 67 67% 35 106 104% 105 . 28% 28 284 JUNE 10, 1935. CAPITAL PRODUGE|ORDERS DECLINE PRICES ARE STEADY AT LUMBER MILLS Average Daily Production Few Quotations Changed on Eggs, Live Poultry and Other Lines. Most quotations were steady at un- changed levels on the Washington Produce Market today. The wmmuy, with egg and live poultry prices, furnished by the De- partment of Agriculture, follows: (BUTTER_—One-pouna prints (62 seore) 28 : 1-pound prints (80 scor 1-pound nrlnu (89 score), moleé a31; lard, FINANCIAL. and Shipments Show Slight Advance. Although the lumber movement during the holiday week ended June 1, 1935, continued low for the fourth consecutive week, production and ship- ments were slightly above those of the preceding week in daily average. New business was, however, below that of the week before. Orders and shipments continued in ; | excess of those of corresponding week of 1934. These comparisons are based wx3 A_19 | WOMEN'S APPAREL RUSHED. NEW YORK, June 10 (#).—Fea- tured by a steady demand for dresses In varlous price ranges, buying of merchandise for immediate delivery was reported active in the women's apparel branch of the wholesale mar- ket here last week. ENTERPRISE BUILDING ASSOCIATION 7th St. and Ind. Ave. N.W. LOANS Made on Improved District of Columbia Real Estate Security Monthly payments as low as $7.50 per $1,000 upon telegraphic reports to the Na tional Lumber Manufacturers’ Associ- ation from regional associations cover- ing the operations of leading hard- wood and softwood mills. In the week ended June 1, produced mmooo feet; met special buying and rose a couple of points. Fractions were picked up by New York Central 5s. Nickel Plate 41,5, Baltimore & Ohio 415s. South- ern Pacific 4'es and Great Northern 4l4s. . Low. Close. Y8l 98% 85% 85% 25 25 10% 10% 60 60 60 103% 103% 103% 105' 106% 105% . 103% 1031 103% 1037 103% 103% 110 109% 109% 107% 107% 1071 - 109% 109% 109% 108 107% 107% 96'3 96'a 9613 701 69 70% 71 T4% 9dle 94y 1078 107% 93% 93% nd unchanged. ennery whites. ded lnd dated FEDERAL FARM MORTGAGE. ..1027 1022 1027 1022 102 1022 31481964, ++ 10323 10328 10323 HOME OWNERS' LOAN. 2%81939-49 10017 10014 10017 31963, 1021 10180 1021 481951, .. 1005 1005 1005 FOREIGN IONDI. m Am Wat Wks 58 "44., Am Wat Wks 6376, Am Writ Pap 6s'41.. Anglo Ch Nitr 7s°¢5. . Armour & Co 4448 39 Arm of Del 6%s'¢3 Armstrg Cork 63 40 A T&S Fead 4s°95 A T&S Fe gn 48'95. A T&S Fe 4128 48 A T&S F TCSL 4s Atl&Ch A L6s’e4.. GtNRG5%3'62B.... Gt N Rgen7s'36 A Green Bay 58’62 B... Houston Of] 83! Hous & T C 1st Hudson Coal 68 '52. Hud & Man inc bs°'67. Hud & Man ref 58 °67. ETR oo 98% (S pauss. m 7. Y04 1064 10818 fiu‘:‘gmmr_m xet s BTk 3 | D 1& StIn 40, .. 105% 106% 105% E'll"hll‘;remlu?on oot ford'o ep ;fil,'; 3713 3};: B ere CophBr 6348 108 108 108 ° | duslit); Leshorns, 17a19; roosters, 11813 Richfield O 6s'44cfs 315 31 31 ‘ents. Spring chicken | 9; Plymouth ks, o ngb.' ), " RGWIstexin4s’39 76 76 16 g, 26826, 10815 108 | Roch G & B 65 ‘62 .. 107% 107% 1075 fiuo. . 24a25: over 1% Hens, 18; toms RIA&LI1st4%s"34. 11 10% 10% Rutland Can 48 49... 32y 32 824 CHICAGO LIVE STOCK. CHICAGO, June 10 (# (United States Denulmtn_) of Alrlcuhum —Hogs. 14,000, rect! slow. about staedy l]ll-fl"m pounds. 9.85a10.¢ 3 0-350 ' pounds. 9. Po-150 Dounds. B 25ane §00d pigs. K508 PR a0a00. with Bulk 00d and choice, 140- 70: light weight, 160~ medium weight, heavy weight “pa sow. 2 550 "pounds. 'rm these | shipped | Hol(iers Apprbve . Refinancing Move For Armour & Co. Mills, 98 production, 134,088,000 feet; shio- ments, 158,153,000 feet; orders re. ceived. 199,964,000 feet. | —_———— METAL MARKET. ORK, June 10 hnxulm: spot €xpo; rkeys: CONSTRUCTION LOANS and LOANS ON IMPROVED RESIDENTIAL PROPERTY in the District of Columbis 5%2% Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 109 69 70 49 111 Bell Tel s ‘5 111 Cent coll tr 4s '52.. 111 Cent ref 48 °55. Il Cent 4% 566 111 Cent 6%;s'36 111 Cent Lou 3 ICC&St L NO 4% ICC&St L NO 653 ° 11] Steel deb 4% Inland St1 43878 A. Inland Stl4%s'81 B Int RT 1strf 58 ‘66 IR T st rf 5566 ct IntRT 6s'3: IntRT7s Int RT 7532 Interlake 5s 51 Int Ag col b5 42 Int Cement Int Gt Nor s Int Gt Nor 58°56 Int Gt Nor 6852 A. | Int Gt Nor adj 6s’ Abitibt Pa&Pw 55 '53 | Agr Mtg Bk Col 6s '47 Febr couon.. Antloquia 1st 7s'57.. C 106% 106\( le ‘33 64 64% 40'4 49'% StJo&GIRAs"4T.. 8t L IM&S R&G ¢ By the Associated Press CHICAGO, June 10.—Stockholders of Armour & Co. of Delaware today voted approval of an amendment to the present mortgage identure to per- mit the company to refund $49,340.- 100 outstanding bonds at a saving in interest. Details of the refinancing plan were to be considered at a meeting later today, Frederick H. Prince, chairman of the board of directors, stated. Issues to be retired are $42,340.100 of 5'> per cent series A bonds of 1934, callable at 106 on 60 days’ notice, and $7.000.000 of Morris & Co. sinking fund 4'5s of 1939, callable at 103 on three months' notice. Both now are quoted near their call price. The amendment was necessary be- cause the present mortgage identure | prohibits the remortgaging ‘of released property. KELLY-SPRINGFIELD PLAN T0 BE RUSHED 61 61 61 107% 107% 1074% 106 1083 106 105 106 4 90U 87% 55 Bt L-8 F s 60 A otfs StL-BF4%s’18..... St L-8 F 478 cf st FE8'50B..... 2102 102% 481 485 107% 1075 East Bt Louls, spot and fi Alu;n:num o linass’ o, PRI ull“V! 2.50875.00. | teamiie, § ol- 2.500: arly sales an: 25 down: shij 101% IOIM 101% 101% 118% 113% 118% 31% 3l 31w 106% 105% 105 107% 107% 107% 11434 1141 1143 | Bos & Me 5s 107% 107% 107% [ Bos &N Y A 99% 99% 99% | BklynCy RR 65 41.. 29 Bklyn Edis 5849 A.. ET Bkiyn M T 65’68 A. .. 264 Bklyn QueensC& S 5% 1st 53’41 st 5 Bklyn Un El 68 50. 64 Bklyn Un Gas 68 '45. . 22 Bkiyn Un Gas 53 ‘50 224 Buft R&P con 4 244 Bush Term cn 68 '55.. 284 93 {rade " conditions which re- comparatively little beef | it ‘pp";""il; mm NEW YORK BAR SILVER. | NEW YORK, June 10 (#) —Bar | silver firm, % higher at 73%. RC 5837 gtd. CSL4%s 41, S Seere 12.38" auxn o do'n to 9. ul 1 i)ml h hnl hlml’l fll", ll!ldy. bulll nnd 'E ers_weal Slaughter Cl" e__and 8t 00d" and. choice, “550-00¢ 2% ] 100-1,:300 pounds. -50“ Wu nds. 50al13. hel!en.] “good a Beth Stl pm 6836 Beth Sti rf db b Bos & Me 53’5 Bavaria S 614845 Belgium 6s '65. Belgium 6 49... Belgium 1 Belgium 73’56 Bergen City 5 | Berlin Elec 6% | Berlin El Ry 6% | Berlin Elec 6%8'59. . Bolivia 7858 San A&A Passds’43. San An PbS6s'52 A. Scioto V&N 9 \(lltrs ‘pounds. | Seabd A L & "0 Seabd A L 6345 cfs.. | Beabd A-Fla 6s'35Bet ‘ Sharon S H 5%s 48 Shell Pipe L 55°52. Int Rvsof C A 55 Int Ryof CA 6% Int T&Tcv4% Int Tel & Tel 4 Int T & T 68 ‘66 For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED 537.00° low 3 5! bulls (searlings excluded): good | Coeeh Az 36a7.50: cutter, commen and me- | 5008.15: vealer: To.Loan on D. C. and Nearby Mary- land Real Estate Prompt attention | 105% | James F & C 4s 60 | 40% | KanCF S& M 4536 | Kan CF&M rf4s'3befs 104% 104% | KanCP & L 4% 1 101% 1018 | Kan C Sou 1st 3: 110 110% | Kan C Sou rf in 115 115 | KanC Ter 1st 114% 1145 | Kan G & E 4%s '80. 117 117% | Keith 6346 7 117 | Kelly Spr Tire 6542 | Kings County Elev 4349, | Kinney (G R)'l‘,,l 36 1063 Stlesian Am 78 °41. &0 3 8ineConO s Skelly O1l 538 8o Bell T&T §s ’4\ So Colo Pwr 68 47 So Pac col 48 So Pac ref 43 So Pac 4%s’ So Pac 43,869, Brllll 39 2 102% 102% 40.. 109 109 Calif Packing | Calif Pet db 5% Can’'glan Nt R ¢338'57 Can'dian Ry 4%s'66. Can'dian Nt 6s'69July Can‘dian Nt 55'69 Oct Can'dian Nt R 58 '70 Can’dian Nr db614s'46 | Can'dian Nr db 7s '40. | | Can’dian Pc db4sperp | Can'dian Pc 4358 "46.. Can‘dian Pc 4738 "60 Can'dian Pc /e '54.. .. | Carth & Ad 45 '81 g1d. Cent of Ga con 55 '45. Centof Ga5s'59C... Cent of Ga rf 5% 9 Cent Hud G&E 58 '57. Cent [1l E& G 6s°51.. Cent NEng4s'6l.... Cent of N J gen 5s Cent Pac 1st rf 4s’49. Cent Pac 55 '60. Cent Steel 85 °41 Cert'd deb 5%s " Chesap Ccvel b8 “. Chesap Corp 53 °47... C&Ogen4lis 92 % 000 and" 8prine . lambs | fpats %36 "6 “Theep" it jve Spring lambs, 10.0 medium Amomsm Budapaest 68 ‘62 | unmat cou on | Buenos A 613s'61stPv Holders Must Accept Deal With Bulgaria 7s ‘67 July coupon off. . Goodyear Tire by June 20, Bulg.r\l 71868 May coupon off . Burke Announces. ’ Terms Arra; 601 60% 3 Easy Monthis Farments 107% 107% | 1031 10318 R1 Rl 69 69% | S0 Pae Or 102 102 | So PacS F Ter ¢='50. 104 104 [SoRygends'S6A. 100% yearlings, Slaugh: | given to all MIMBLR. BULOMG § 1OUY : : oc. applications b0 ‘pounds. n 28 B2 common and faedium, 1.508% MONEY MARKET. NEW YORK. June 10 (# —Call money Tb% | steady: 'a per cent all day. ‘Time loans 5 10819 | steady: 0-90 ~days. ' offered: 4.6 | ;| months offered; prime commerctal | D P e lrelest: 1004 | So Ry gen 65% | So Ry 6%s '66. £ 2 | 108 | So Ry 8t Ddiv 4s'51. 91, Southw Bell T 68 '54. 104 Stand O N Y 4 52 3 6% SyzacussTLSe Bl yrdlscour{?urnltlhe.. New York Reserve 2 | 172 per cent ' 120'5 | Tenn C&C 6844 B... 101% —_— 13213 | Tenn El Pw 6847 A.. 99% High. Low. Close 1004 | Term As 8t L 4% 39 17% 17 174 "’1 Texarkana 6% 8 '50 15% 03 | Tex Corp ev b Tex & Pac s 19C. Tex & Pac 58 °'30 D. | Third Avref 4s 60... Third A ad in ex 55'60 Third Av st 58°31... Trumbull Stl 6s 40 | et Un El Chicago 5845 UnEL&P5%s5¢ Un Pac 1st 45 47, 29% | Un Pac 4s°68. ... 574 | Un Pac Ist rf 43 2008 . 544 | Ug Pac 44c"87. 61 | Unit Biscuit Unit Biscuit 63 43. Unit Drug 6s'53. U S Rubber 58 ‘47 Utah L& T6s'4¢ A Utah P& L5544 ... | Ut P& L 63’69 ww, Ut P& L5%s'4T... Epecial Dispatch to The Star. NEW YORK. June 10—Edmund 8. Cauca V Burke, president of the Kelly-Spring- | Chile 63 field Tire Co. in a statement issued | Chile 65 61 Ja today addressed to holders of all | Chile 6361 Febr. classes of the company's securities, | Giile 8% 8} Sept. . announced that the plan under which | Ghne o8 63 cash and securities of the Goodyeer | Cnile Mtg Bk ‘Tire & Rubber Co. will be exchanged | Chile Mtg Bk for securities of the Kelly-Springfield | Chile Mtg Bk 6%s ‘57 company must be accepted or rejected | Chile Mtg Bk 63361 by the securities holders by June 20, | Chilean Mun L 7s'60. 1935. { Cologne 6323 '50 Mr. Burke points out that “various A Colombia 6s°61Jan.. committees representing the several Golombia 6s'61Oct.. classes of securities of YOUr COMPANY | Gobennaser aris, have written you requesting that your Cofu m:n 7.'.“ A"' proxy be given to these committees or | May coupon on suggesting different allocations to the | Cuba 5 '04-44 o various classes than that set out in|Cuba 53;s 4| the company's plan Cund'amarca 6%s “No one but the Goodyear company | can effectuate a change in this allo- | Denmark 43s°62.... cation. The offer stands as made and | Denmark 5135 '55. must be accepted or rejected by the | g’"m"”‘f’ (A, security holders before June 20, 1935, | Dominic 2d5%s™40. . “8Since the company is still operatin, , BLAilces 1t is Gite probalie thatuny | Lo ReRICCREISIRATY offers which might be subsequently | French Gov 7s'49.... 178 secured will be less attractive.” ~French Gov T13s'¢1.. 1813 CORPORATION REPORT% TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. | ! 1007 | Laclede Gas 68°39... | Laclede G 6%s 63C. 73 73 |LE& Wnlst5s'37.. 15 15 Lautaro Nitr ‘54... 873! Leh C& N 4348 54 A. 8% | Leh Val Coal 68 74. 105% | Leh V Pa con 4s 2003, 934 L V Pacon 4%s 2003, 51 | LiZ® & Myr6s’51.... 103% Ligg & Myr 7s "44.... 102 | Loew's 68'41. 79% | Long lsl ref 4 119 | Long Isl deb 58 '37. 745 | Lorrillard Ta '44. 1065 | La & Ark 68 104% | Lou G & E 6862 A. 117% | L& N unit 4s 40 111 | L& N43:82003C 11015 | L & N SoMonjtés'ss un.‘ L&N532003B...... 11 408, 104 100 1041 104 e 1"‘. Wabash §s 7| 88 | wabash 5 103% | wabash 5s° IO D. §§ Wabash 1st 68 '33. ASSETS $6,492,976.24 Organized 1879 A5th YE JOBN JOY EDSON. President WALTER gfl‘f’l‘"””l“{"“uflm t Subscriptions for the 109th Issue of Stock Being Received 20 Warner Bros cv 101 | warner-Quin 1024 | Warren Bros ev ¢s 41 W Sh 1st 48 2361 gtd. 218 | West: 1 deb b M 106 1064 Ma 18t 48 ‘53, 1 1114 'ln‘n Ma 634877, 102 102 | West'nNY&P gn 48'43 107% 107% | West'n Pac 68 46 A.. 104% 104% | West'n Pac 58°46A as 106 106 | West'n Un 4158 50 10315 10315 | West'n Un col tr 55'38 9012 90 West'n Un 58 '51.. 927 93¢ | West'n Un bs ‘6! 871i 8714 | West'n Un 6%8°36 71, 87'3| Wh& L E con 4= '49. 433 44 | Wh& L E 435’66 ¢ 48 484 | Wheel Steel 422 Wheel Stl “15s 48 A 81 | White S M 6536 xw. . 1214 | W Sp Stl con 7s '35 ct. 10 107'x | W Sp St 1st 78’35 ¢ct. 9 112% | Willmar S F 63°40. .. 103% 101% | Wilson&Co 1st 68 "41. 108% 68 |WisCB&Dter4s'36 6 1% ! Youngtn S&T 58’70 B 93 15% Youngtn B&T 65718 A | McKess & R 64850, | Manati Sugar 107 18t 7138 42 etfs. 106 | Manhat R 4s'90.... 1097 | Manhat R 4590 ctf, 715 | Marion St Sh 63 105% | Mead Co 63 '45. D921 zxu‘MetFllllrfnfis'(l 50 1 5% | Met Ed 1st rf 58°63.. 106 QU,‘MichComl%- ‘53... % 104% .,‘. | Mich Cent 4: “40. 1024 | Midvale S&0 51 '36. .. 1034 51. MiIlER&SL 6s 61 97 STi | Mil Spa & N W ¢8°¢7. a7y | 133, | MStP&SSM cn 45 ‘38, 32 | vanadiumev 6s 41.. « | MSt P&SSM 68 ‘38 gte 26 | Ver Sug 1st 78 ‘42 ofs 5% 1 \lStPl&SS\l rf 6s'46 A 22 | Va E&P 1strf 68’55 A Mo I1158'59. . 23 | VaEI&Pwr5%s 44.. ;:T‘ MoKllelt4:Bo m-.’v.m&d gen ;;/".n 2%, | MoK & T 48’62 B.... 33 v [N 2l MoK 8 TASIES T 33| Va8 W con 58 | Mo K & T adj 6567 13y R1a | 24y 25 2615 | 2's | ‘69 Chi B&Q 1 div3%s'¢9 ChiB&Qgendnis.. 1 ChiB&Q4Us 11.‘.. —on Real Estate or to Take Up First Mortgage’ TTYHOSE desiring money to purchase a home, refinance present indebtedness or improve property should consult us Applications will receive prompt and courteous attention. Chi ind&So CM&StP gn3zs’ 19 B CM&StP 4='89...... CM&StP gn 4%s ‘89 C CM&StP 4%s'89 E CM&StP 58 75. 87y 45 487 1028, 987 1028, 92 —_— 3. Gelsenkirchen 6s '34. Ger C Bk A 6838, | Ger C Bk A 7s°50. | Ger Gov 58 '65 Ger Rep 7549 81 124 107 1121 101% 68 81 1204 107 1124 101% 674 168, 16% Loans Repayable Monthly Take 12 Years to Repay Your Loan " (] 915 F St NW. Nat. 1741 174 15% Wabash 4448 E ;z ‘ Wabash 4%8 78 ctfs. 93% 93% lm Ilseder Steel 6348 NEW YORK, June 10.—The follow- | !taly 75°61. Ing is today’s summary of corporation | < ——————— news. prepared by Standard Statistics | j2Pan & Co.. Inc.. New York. Jaban s1ga 34 Allied Product Corp.—Under recapi- | talization plan to be voied on by stock- | Sreu&Toll 68 holders of this company June 27, hold- | pmijan ¢ 8°52 ers would receive for cach share nf‘ Mm.,(}‘z“;y"'ss class A covertible common stock, and | Sept coupon off. . the §1429 accumulated dividends | thereon, one new class A share, $2 4 share in cash and one-half a share | of new common stock: present com- Norway 6s'44 mon stock would receive three new | NOrway 6s 52 e | Norw Hy Bl 6% 857, | Orfental Dev 6% 68, Oslo 68.'65. |OsloG& E58"63.... C&NW Nr W cu.-':l Chi R I&P rf 45°34... ChiR &P rf ds 'N et 59A cfs 32 . Chi Un Sta ¢%;s 63 A. 108% 108% 108% Chi Un Sta 55’6 107% 107% 107% Chi Un Sta 638 ‘63 C. 110% 110% 110% 981 YT 9% Chi& W 156%s'63... Y 101 101 101 101 104% 104'5 1023 1024 94 94 854 85 - 100% 100 100 100 105% 105% 1064 C&W11strf 5%8'63 C 106% 106% 108% Childs & Co 6343 623, 624 6u% 94 981 934 109% 109% 109% 13 13 92 92 Norway 5 ' Norway 6% 109 109 109 109 109 104% 104 104% 10814 105% 1054 10815 102% 103 .M N2 72 8514 (1] 109y shares of common stock for each five shares held Cook Paint & Varnsh Co.—May sales were up 18 per eent Sweets Co. of America— March | quarter common share earnings, before Federal taxes. were 10 cents vs. 22 cents. Lucky Tiger Combination Gold Min- ng Co.—March quarter common share | earnings were 6 cents vs. 8 cents. Union Pacific Railroad—Company's | new streamlined train City of Port- | Jand completed a record run of 39‘ hours and 15 minutes from Portland, Oreg. to Chicago, cutting 19 hours‘ and 15 minutes from the old schedule. American Telephone & Telegraph | Co.—Report covering operating activ- ities only for April showed net oper- ating income of $1.249,158, vs. $1,375,- 664 in April, 1934; in four months net operating income was $5.106,511, vs. $5,915,648. Republic Steel Corp.—Federal Judge | Schoonmaker. Pittsburgh, handed down an opinion holding infringement by National Tube Co., subsidiary of United States Steel Corp., in three patents owned by Steel & Tubes, Inc., subsidiary of Republic Steel Corp.; two of them, designated as Johnson pat- ents, related to the method and ap- | paratus for butt-welding gauge tubing and thin-walled tubing; the other, known as Belmont patent, was for im- | provement in welding apparatus. Cin Un Ter 53 ‘57 CCCAStLCW&Ms'I1 CCC&StL gen 48'98.. CCC&StL It ¢ /48118, CCC&StLrf6s'63 D. Cle Short L 438 ‘61 Clev Un Ter 43817, Clev Un Ter 6518 B. Clev Un Ter 54#12A Colon Oil 6s '38. Colo Fuel & | 63 Colo Ind cl tr 68 Col R P L 1st 4348’57 66 7% ‘Il 75 1041 104% lollé 46 YEARS OF UNINTERRUPTED GROWTH Panama 58 '63....... Panama 68’63 stp asd Paris Orl Ry 63%s '68. Paulista Ry 7s'42. ... | Pernam 7s '47 Sept coupon off. - Peru 6s ‘60 Peru 6 | Peru 7s'59 Poland 6s "40. Poland 8s '50. Prussia 6s '5. Prussia 8%s 51.. 45 44 147 8914 45 “ 147 £8% 13% 1% 11 16% 80 92 25% 26% ples and render the same type of service that have inspired confidence in the past .+ « that have won for American Security over seventy thousand customers. If a bank of this character appeals to you, we would like you to come in and get acquainted. Any of our officers will be glad to discuss your problems with you. Your account, no matter how large or small, OUR record, over a -psriod of forty-six years, has been such that today American Security is the largest Trust Company in Washington. This growth has gone on through good years and bad. Our purpose is to see that the Bank’s development, and the security of its depositors’ funds, are not interrupted. There is just one way to achieve this aim, and that is to adhere to the same princi- AMERICAN SECURITY AND TRUST COMPANY Main Office: FIFTEENTH STREET AND PENNSYLVANIA AVENUE Largest Capital and Surplus of any Washington Trust Company 64 63y 64 - 1074 107 1074 85% 85 85 101% 101% 101% 5% ::u B5% ColumbiaG& B Columbia G&E § Col R P&L 5%8°43. Con Coa) Md rf 68 'S ConGas N Y 4%s'51. Con Gas N ¥ 6867, ConG N Y ab 5484 Consumers Pw b: ‘ll. 88 87% 8% R7% 874 874 112% 112% 112% 36 354 36 107 106% 107 105% 105% 106% § 105% 105% 105% | N Y 107 l:" 107 Queensiand 6s 47.... 108% 108% 108% Rhein-Main 78 '50.. Rhein-Rhur 6s ‘51 Rhine W EI P | Rhine W EI P d | Rio de Jan 61863 Aug coupon off. . Rio Gr do Sul és 6! June coupon off. . Rio Gr do Sul 78 ‘66 May coupon off. . Rome 6%8'52....... Rumania 7s ‘59 Aug coupon off. . 8% 48% X.’lfl 107% 107% « 112% 11215 1123 122 122 122 0y 8% 99 zZZ2Z Cuba R R 1st 68 Cuba Nor RR 5%s '43 50 Del & Hud ref Del & Hud 5%s ‘3 DenG & E b 49% 49% CEERERE] = is welcome here at American Security. feiie i3 Santa F Arg 752 stp Sao Paulo St 78 ‘40. .. Saxon Pb W Ts°45... Silesia Elec 618 "46. . | Talwan Elec 5%8 71, ‘Tokio 5s ‘52 Tokio b %8 ‘61 ‘Tokio El Lt 6: [ 39% 3% 39% - 1114 111% l%l!fi 9% 79% T9% 20% 204 204 86% 85% frir it 98% 98K 98% g 4 NEW YORK BANK STOCKS FiRMER DURING WEEK Special Dispatch to The Star. NEW YORK, June 10.—New York City bank stocks recovered further during the last week, according to rec- ords compiled by Hoit, Rose & Troster. | The aggregate value of 16 leading issues totaled $1,308,457,000 on June 7, compared with $1,265,691,000 on May 31, an increase for the week of | $42,766,000, or 3.38 per cent. The current average yield of the 16 issues of 526 per cent compares with a yield of 5.59 per cent on May 31. The current market value is now 1.07 times the known book value. ZZZZZ222222% 28 Ujigawa E P 78°45. .. Un St] Wk 6%s '61 A. Un St Wk 635 '51C. Uruguay 6s 60. Uruguay 6s '64. e —— w 18 ‘68 w.-:pn.n £1P 6s 63, 36% — Yokohama 6s°61..... 90 90 DOMESTIC IONDS. BRANCH souTRWEST Seventh and E Streets, S. W, NORTAWEST BRANCH 1140 Fifeeenth Sereet, N. W, CENTRAL BRANCH ‘7th and Massachusetes Ave., N. W. NORTREAST BRA NCH Eighth and H Streets, N. E. forth A NotnO T & L eh el N Ohio 1sts’¢bct atd 7t Nor'n Pae gen 18 3041 MEMBER FEDERAL RESERVE SYSTEM 101% 101 101 101% 101% 101% = 108% 10.“ IM VISIBLE GRAIN SUPPLY. 10ex 100% u. NEW YORK, June 10 (#).—The visi- v Bew B ble supply of American grain shows the following changes in bushels: Wheat decreased 2,510,000; corn de- creased 1,524,000; oats decreased 966,- 000; rye increased 275,000; barley de- creased 456,000. Gould Coup 6s ‘40 Gr Tr'k of Can ¢s°'38. 105% 105% 105% Gr Tr'k of Can 78 °40. 104% 104% 104% Gt N Rref 43,8°61 A. 101% 1013 101% GtN Rgen4%s'16 D 82% 82 82% GtNRgen4%s 118 824 N2k 828 GtNRgenbs'13 Coe 89% (891 893 Am Roll Mill Am Smelt & R 6 Am T & Tel tr bs AmT&Td Am T & T dedb Am T&T 6%s 43, 101% 101% 101% 109% 109% 109% 112% 11218 112 113% 118% 113% 112% 112% 112% F 04% 104% 104% & Penn RR 443881 [ 7