Evening Star Newspaper, June 14, 1935, Page 19

FRIDAY, JUNE 14, 1935. RAIL BONDS STAGE VIGOROUS ADVANCE Other Industrial Obligations Display Steadiness—U. S. Issues Uneven. By the Associated Press. NEW YORK, June 14.—Railroad bonds were bid up vigorously in the late trading, and other industrial clas- sifications showed general steadiness. In the popular second-rate carrier loans, advances ranged from 1 to.2 points. inactive. United States Governments closed '2-32ds of a point lower to 7-32ds higher. : Wash'ix:g“t;fi‘ilxicfiange SALES. Capital Transit Co.—10 at 20, 5 at 20, 10 at 20, 10 at 20, 5 at 20. Potomac Electric 6% pfd.—10 at 1097>. Washington Rwy. & Elec. pfd.—10 at 10532, Washington Rwy. & Elec. at 10475, $1,000 at 10475. AFTER CALL. Capital Transit Co.—10 at 19'g, 10 at 19'g, 10 at 195, 10 at 195, 10 at 1915, 10 at 191g. 10 at 19%, 10 at 1915, 10 at 191, 10 at 19%s. Bid and Asked Prices. BONDS. PUBLIC UTILITY, & Tel. 412 1 4s5—$1,000 Amer, Tel Tel Racostia & & Fot s el of Va. As.. A Traction B R. 5 & Suburban 3s Georgetown Gas_1st o: Elec_Pow. Cons omac_ Electric s Gas 5s 1 Gas 5s Gas fis RS & Flec. 38 Ang Wa, Wash Wash Wash Barber & Ross I e Ciub STOCKSI. PUBLIC UTILITY Tel, s Ei pfd WEiBton o7 TRUST COMPANY Amer. Sec. & Tr. Co. (8) 188 Netl Sav. & Tr Wash. Loan & Tr. (8) SAVINGS BANK Com. & Savings (6) 175 FIRE INSURANCE (12) 3 American Corcoran Firemen's (16 Fational Tnion (0" TITLE INSURANCE umbta (.30) AR "Eetate () 100 MISCELLANEOUS. | Corp. 11.60) col Real Estate Carpel P C; Wona: & Eothan 3 dividend. cents extra. at. B CHICAGO STOCK MARKET CHICAGO. June 14 (®.—Following is the compiete official list of transactions in stocks on = ‘ Dominic 15t 5%s '42. 4 | ElSalvador 8s 48 ct. 100 Re!lhnfl B'Ew 1400 Borg-Warner . c Soris ! Corp bt 760 Ghi Stan "Order 100 Chi Rivet & Ma 10 Chi Towel p! 700 Cities Serv. 100 Com'with Edi 900 Cont Steel #00 Cord Corp 1400 Crane Co .. 10 Crane pf. . 500 Dayton Rubber Dayton Rubber 30 Hart, & Marz 4750 Houa tier B 10 1l Nor Tt pf 100 Ind Pneu Tool. 650 Iron Pireman. . 20 Kalamazoo SLave R0 Ky 100 Keystone StI. 10 Keystone St pf. d Al fill MEWIII Dredl 10 Midland Unit pf. 200 Midl Ut West Ut 77, pt 8500 Nor'west Bancorp G & El. 50 Py s Winter 100 Public Sve n 1 Btock sales today, 37.000 shares. g iy INSURANCE STOCKS NEW YORK. June 14 U —New. York Becurits. Dealers’ Association Bld Asked. 3 85 Aetna Cas (215a) Aetna Pire /’fim @iz - " 3 SRFRRNES RS X R mu L!berh" 11.:/ ;flr River | (758 oenix (2 grev Wash Vf) t. SRAE IS b P13 D DG A1) RO S meamions 353 £S5 <D Resten & (.,——M!lr MORE GOLD ARRIVES. NEW YORK, June 14 ().—Gold arrivals here yesterday amounted to $9,609,300 from France and $2,123,800 from Canada. The receipt of an ad- ditional $10,112,700 from Holland was reported for Wednesday, or wnd'n far this year. Prime bonds were firm, but | . | Austrian7s 57 " | Buenos A C 6s ‘60 Oct ' | Buenos A 6s 61 st Py " | Chile Mtg Bk 6s'61. . .| Coiombia 6s 61 Oct.. the Chicago Stock Exchange | * | Kreu&Toll 58 '69A cfe 33% | BONDS ON By private wire direct to The Star. Approximate Transactions Today. U. 8. Gov't Bonds...... § 980,000 Foreign Bonds. 990,000 Domestio Bon: 9,150,000 LIBERTY. High Low. 4th 4% 8 1933-38.. 10130 10130 TREASURY. 27%3 1955-60. ..., 10116 10113 3s 1946-48. + 10325 10322 88 1951-66. « 10327 10324 10429 10425 10814 1067 1067 108 15 108 12 10715 1106 Close. 10130 10115 10324 10327 10429 10816 106 9 1067 10815 10812 10717 1106 « 10817 10610 1067 108 16 3% s 1940-43 June reg.. 3% 1943- 3% s 194 431944-54....... 11125 11125 11126 43,8-3%s 1943°45 10616 10613 106 16 FEDERAL FARM MORTGAGE. 2%s1942-47..... 1018 1012 1012 381947, .10211 1026 10211 38 1949. vees 1023 1022 10283 3%s 1964 ... 10330 10327 10827 HOME OWNERS' LOAN. 2%,51939-49. . 10020 10017 10017 1024 1021 1024 . 1003 1003 1003 10812 10717 1106 Abitibl Pa&Pw 63 '63 Akershus 68 63. Antioquia 7s '45 D. Antwerp 58 ‘58 Argentine 5348 ‘62 Argentine 6s ‘68 B. Argentine 6s'69 June 941y Argentina 63 °59 Oct. 94% Argentine 6s'60 May 94y Argentine 6s 60 Sept. 94% Argentine 63 '60 Oct. 943 Argentine 6s ‘61 Febr 94% Argentine 65 61 May. 941y Australia 4%s ‘56 968 Australia 5s '55. 1018 | Austraiia 58 ‘57, 1011t .93% Batavia Petr 41s 42 Bavaria S 61s 45. Belgium 6s '55. Belgium 6%s 49 Belgium 7s 56.. Berlin 618 °50. | Berlin Elec 6% | Bolivia 75 °69 Bolivia 8s 47 Brazil 61 ‘26-'57... Brasil 6148 '27-'67... Brazil 7s " Brazil 8s 41 | Brisba Brisba Brisbane 6s '50. . Budapest 6s ‘62 unmat cou on. .. 114 B0% 90 u2 61% 614 1% Buenos A C 628 '55. . Buenos A 6135°615tPy | Bulgaria 7s 67 July coupon off.. Caldas 7348 46 Canada 4s 60 | Canada 4 s ‘36 | Canada 5s '52 Canc« \auey 7 | Chile 6s Chile 6s Chile €s ! Chile 6s " Chile 6s ‘62 Chile 6s 108 1028 114 10 12% 128 12‘1‘ 121 12% .| Chile Mtx Bk 6%s ‘61 | Chilean Mun L 78 '60. Colombia 6s 61 Jan.. 12% 104, 24% b 19% 401y 48 zu. 25 193 | L0% | Col Mtg Bk 7s ‘46 Covenhager 58 ‘52 Cordoba 7s 1(7 stpd Cordoba 7 | Cordoba T uba 55 '04-44. Cuba 5%s ‘45 Cuba 5%s°53. . Cund amarca 6% 1a 8s°51 103% 103% 1034 88 87% Y6% 101% 58 96% 101% 641 58 66% Denmark 515 '55 Denmark 68 42 .. Deu Bk 65 '35 ct $tpd. \ Dominic 1st 5%s 40, . 101y Elec Pow Ger 6%s 50 373% 43 Finiand 6%s French Gov French Gov 7%s 1024 | Gelsenkirchen 6s "34. | Ger Prov & City Bk | conAg6isss.. [GerGov 5%48 65..... Ger Rep 7= "49. . 36% ‘Grl Br&ir5%s'37.. 113w [GrtCElJap 6%s50. 87u | Hamburg St 65 '46... 24 | Hungary Ti%s ‘44 Febr coupon on. . 66% 40% 25% 38 | Teaty 72 81, ltal PU Crd 'll'SI R3% 2% »8Y 29% Japan § Japan 6%s 54 . Jugos Mtg Bk 7857 unm coupon. 65. 30% | Lombard E1 78 '62... 67 | Medellin 6%s '5: | Met Water 6%s 0., Mex4s '10-'45 asst sm Milan 6%s '52 | Minas Gers 64858 Sept coupon off. . Montecatin 78 37, .. Montevideo 7s '52 8 87% Ay . 72 145% 88 . 32 New So Wales 68 °'57. New So Wales 6 Nord Ry 6%= & Norway bs '63 Norway 6%s ° Norway 6s'43 Norway 6s'44 Norway 68 52 99% 9 148% Oriental Dev 63s ‘68, Oriental Dev 6s 63.. Panama 5%s ‘53 Paris Orl Ry 63%s '68. Pernam 7s "47 Sept coupon off. Peru 6s '60. Prussia 6s ‘52 Rl‘nn. W El Pés 53.. | Rhine W EiI P78 '50.. Rio de Jan 658 63 Aug coupon off.. Rio Gr do Sui 6s 68 June coupon off. . Rio Gr do Sul 7s 66 May coupon off.. Rio Gr do Sul 8s "46 | April coupon off . Rome 6145 ‘62, Rotterdam 6s '64 Rumanie 78 59 Aug coupon oft. . 8Sao Paulo St 7s 40 .. Sazon Pb W 6%s '51. Saxon Pb W Ts 4 Saxon St M Taiwan lec 6% 71 Tokio El Lt 6s 53 Trondhjem 535 °67.. | Calif Pet db5%e 38, 4| Chile Cop deb b8 '47.. Uiigawa E P 78 46... UnSti Wk 6%s 47 A. Unterelb P & L (1] Uruguay 6s 6l Westpha! El P 6s 53. DOMESTIC IONDI Adams Exp 43 Alleg Corp 68 '44. Alleg Corp bs BOND AVERAGES Compiled by the Assoctated Press. 10 RMIA. Indust. +.7 820 L1011 10 Low-Yield Bonds. . 100.7 Previous day 1095 Year ago . 1103 1935 low 1083 1934 low 1932 low . 1935 high 1934 high 1928 high Erferf 5s'75. Erie Pacol tr Am Beet Sug cv s '40 Am & For Pw b3 20 3 Fed Lt & Tr Fed Lt & Tr Fed Lt & Tr 6 54!. Fla C & Pen 58’43 Fla EC Ry bs'74. Fla EC Ry 63 'T4 efs. Am Intl 6%s '49 Am Roll Mill b8 Gannett 68 '43 Gen Am Inv 568 '52. Gen Cable 5%s "4’ Gen Pub Sve 5%s Am T & T deb bs ‘65 Am TAT 6% . Am Type Fé¢ Goody'r T&R Gould Coup GrTrk of Can 6 'l Gr Tr'k of Can 7840, GtNRref 49’61 A. GtNR gen 4%48'76 D GUN R gen 4%s8'17 B Gt N R gen5s'13C... GtNRb%s'52B Gt N Rgen 18’36 A Green Bay 5862 B. Gulf M & N b8 ‘50 Gulf Sta St1 5% Armour & Co 4%4s 39 Arm of Del 5348 43, Armstrg Cork b8 40, A T&S Fe 48°05-56. .. X d 48 05 st 95 . Atl Coast L 1st 4 Atl Coast L clt 4 AtIC L un 43%s 64 Atl Coast L clt s '45. Atlantic & D 1st 45 48 b bs ‘37 1 Havana Elec 5%s 51, Hoc Val 438 '99. . H’satonic con 58 ‘37 Houston O11 633 "40. Hudson Coal 68 '62. .. Hud & Man inc bs 57, Hud & Man ref 58 57, Baldwin Loco 53 °40 B&O st 4s 48, B& O 4%s 60, B&Oref 5395 A. B&O6s'96 F B B &0 ref 68 2000 D. .. &Oref6895C.... 111 Bell Tel 636 111 Cent coll tr 4 111 Cent 4% 5 66 111 Cent 6% 36 ICC&St L NO ¢ | ICC&St L NO 111 Steel deb 4 Inland Stl 4% Int RT Istrf bs ‘66.. IRT1strf 5866 ctfs |Int RT 6832 IntRT7s 32 B & O Swn 68 '50 B & O Toledo 4s Bang&Aroos cv 4s ‘51 Bell T of Pa 6s 48 B, Bell T of Pa bs '60 C. Beth Stl p m 5s 36 Beth Stl rf db 5s 42 Bos & Me 4%s '61J. Bos & Me §s 67. Bos& N Y A L 4s'55. BklynCy R R bs 41.. int Cement 5s 43 Int Hydro Bl 6s 44 int Gt Nor 6852 A. Int Gt Nor adj 68’52 int Mer M Int Pap Int'Pap ref {Int Ry of CA 6% | IntT&Tcvays Int Tel & Tel 4348’52, IntT&T6sS86... inv Equity 6847 A.., InvEq6s 48 Bww.., Iowa C 1st&rt s '51. Bkiyn Un EI Bklyn Un G bs '57 B', . Buft R&P con 4%s 67 BCR&Nclbs'34... Bush Term cn 6s "55.. Calif Packing 68 '40.. | Can'dian Ry 4%s '55. | Can dian Nt 65'69July Can‘dian Nt 55’69 Oct Can'dian Nt R 55 '70. Can‘dian Nr db 4546 Can'dian Nr db 7s '40. Can‘dian Pc dbésperp Can'dian Pc 4%s '46. Cavn'dian Pc 4%s 60 Can'dian Pc bs ‘54 CaroCl & O s Cent of Ga con Centof Ga5s'69C... Cent of Ga rf 5%38 59 Cent Hud G&E 68 '67. Cent IE&G Cent N Eng 4s'61.... Centof N J 48 87.... Cent of N J gen 6s '87 Cent Pac 18t rf 43 °49. Cent Pac 65 '60. . Cent R R B Ga 55 '37. Cert'd deb 5143 48 Chesap Ccvel 58 ¢4. JamesF & C4s'39... Kanaw & M 4 '90 Kala Alleg&G |KanCrS&m Kan CF&M rf4s'36cfs KanCP & L 4%s 61. Kan C Sou 1st 3850 Kan C Sou rf in 68 ‘50 Kan C Ter 1st 43 60.. KanG & E 4%s Keith 63 46 Keily Spr Ti Kendall 5148 48 ww.. Ky&Ind T 4345 '61. Kings County EI&Pw 58'37 S 102% 100% 104 1081 16% 815 8% 105% 93% 53% 91 Lack St) 1st 5s'50 A, Laclede Gas 68 '39... Laclede G 538 53 C. Laclede G 6%s ‘60 D. Leh C& N 4% 54 A. Len V Pa con 4s 2003 L V Pa con 4%s 2003 Leh V RR con 5s 2003 Ligg & Myr 6351 C & O con 58 '39 Chi B& Q gen Chi & Alt ref 35 49... ChiB&Q4%s 7 Chi B & Qref 68°71.. Chi B&Q 1 div 45 43, Chi & E 111 5s'51. Chi & E 111 55 °51 z(fl Chi & Erie 1st 58 '82.. Chi Grt W 4s '59. ChiLS &E4%s'6 CM&StP gn 313839 B CM&StP 45 '39 CM&StP &n 4348 ‘85 C CM&StP 6s ‘76 7 CMStP&P adj 652000 Chi & NW gn 3%s '87 Chi & NW gn 48 '87.. Chi & NW gn 43 87 st Chi & NW 4358 2037. . Chi & NW 4%s 2037C Chi& NW 4%s 49... Chi & NW rf Chi R I&P rf —_— McKess & R 6%s '50. Manhat R 4590 ctfs. Marion St Sh 68 '¢7.. Market St Ry 7840 A Mead Co 68 45. Met Ed 1st rf 68 Mich Cent 31438 '52. Midvale S&O bs ‘3! MIIER&SLbs 61 Mil E R&S L rf 6s 'll MStP&SSM cn 4s '38. MStP&SSM cn 6s '38. MSt P&SSM b8 '38 gtc MStP&SSM 6%s 18 MoK & T 55 62 A Mo Pac 48°75. . Mo Pac 5865 A. Mo Pac §s'77 F. Mo Pac 55 '78 G, Mo Pac 5s'80 H Mo Pac 5s 81 1. Mo Pac5%s'49 A Mont Cent 6s ‘37 Chi T H&S inc bs '60. Chi Un Sta bs ‘44 Chi Un Sta 5s '63 Chi & W 1 con 4s 6! Chi& W 1lb%s Cin Gas El 4368 A Cin Un Ter 68 '67C... CCCa&StL rf 4 %s'1TE CCC&StLCW&M4s'91 CCC&StL rf 6s '41C. Cle Short L 4%s '61.. Clev Un Ter 448 '77. Clev Un Ter 6313 B. Clev Un Ter 6 %8724 Colon O11 38 Colo Ind ¢l tr bs Col R P L 1st 413 67 Mont Tram 6s'41.... Mor & Esx 3343 2000, Mor & Esx ¢ ‘55, .. Mor & Esx 53 '56 Morris & Co 4% Murray Body 6%s ll Mut Fuel Gas 55 '47.. —— Nashv C&St L 45 78, Nassau Ei 4551 g1a, Nl! Dairy 6%s 4%, Col & So ¢%8 lfl Columbia G & E deb 6852 April...... Columbia G & B 68 52 May Columbia G&E Con Coai Md rf Con Gas Chi bs Con Gas N Y 43s 51, Con Gas N Y 68 '67... ConG N Ydb5%ks 45 Cons Rws Co 45 '54.. Consumers Pw b: Container deb 68 '43.. 92 Container 6s 46...... 1 Crown C & S 6547 Crown Will P 6s ‘51.. 104% Cuba RRIstbs'52.. 40% Cuba R R ref T3%s 36 ‘l‘t Cuba Nor RR 6%s 43 New Or PS6s'56 B. . New Or T&M 4%s '56 New Or T&M incbs'26 New Or T&M bs 54 B New Or T&M bs ‘56 C New Or T&M 65%8s 54 N Y Cent 3%s 9 N Y Cent 3%s'97 ¥ Cent con 4s ‘93 Y Cent rf 4%s 2 Y Y Cent rf4%s201 Cent 't 6: Den & RGen 48 . 30 Den&RGW I'il.-‘ ' l‘"i 222222 g v v Feo * Q Duqu'Lt 4%s '57 Du:l Lt Iz 43%s 67, 105% 105% 106k EastCuba 8 T%s'37, 18% 18 184 Z2ZZ7Z %3535%3 ZzZ22222 mETrom Ekikn 8 Agrenerre ZZ22Z222%Z 2 g g H £ High. [ 1054 3% 105 102 9% 883, 95% 104% 111 109% 920 5614 Low. Close. 63% 641 105% 105% 93% 934 98 98 86 86 45% 45% A% B% 6% 6% 104'% 104% 101% 10% 258 5% % 101% 101% 105% 105% 104% 104% 111 111 109 109 8 90 6 86 104 104 105% 105% 118 118 119% 120 I:SM 103% 71 rt b % 50 \fi:.ll. lllfi lllh lll‘t Purity Bak | Revere Cop&Br s 48 | StPM&MM ex | Seabd A L ref . | Seabd A L rf 45’59 cfs | Seabd A L 6s 45 A | Seabd A-Fla 6s'35A et 4| Sharon S H 6%s '48.. 2 86 Bd% 84N 5861, 14% 4% 14% rm-neu 14 7. or'n Pac 48 97 reg. or'n Prc 4148 2047.. Nor'n Pac 55 20417 C... Nor'n Pac 68 2047 D. . Nor'n Pac 68 2047..., 100 99. 99% Nor'n 8t P 6341 B... 107% 107% 1074 | Nor'n 8ts P 1stbe'41A 106% 106% 106% Ohio Pub Ser 7s°47.. 111 111 111 6 111% 111% lll% 101% 101% 101% l:h 86 864 93 o3 93% 93% 93% 1084 108% 104% 104% 92% 92% 97% 98 106% 106% 57% Otis Steel 6341, Pac R R Mo 2d 6 Pac Tel 1st bs '37. Par-B'way 6%s '51. Par-1-La 6s 47 flled. Par-Pub 5%s '50 cf! 107% 107% 96% 97 106' 1065 106% 106% 113% 113% PnnnRRflbC% 0. Penn RR 4%8'63. Penn R R b8 4. Pcnn R R gen 686 Phillips Petr 5%s 39 PCC&StL 68 "T0A... PCC&StL 4%s 77C.. PS&LERRCo1st58'40 Port Gen E] 4%s 60. Port Gen El 1st 65 '35 Porto Rico A T 6s 42 Postal Tel & C bs Reading Jer C Reading R 4 Rem RA 6%s Hep 1&Stl 5% 53 A. Rich & Meck 4s 48. . . RG W 1stex in ¢s'39 RIA&LI1stelss 34 Roch G & E 55 '62 StJo&GI1R 47.. StJo Lead 5%8 41 StJo Ky L T&P b St L IM&S R&G 0 StPKCSL4%s 41, St P M&M ext San A&A P San An Pb 8 Seabd A-Fla 6s’35Bct Shel) Pipe L 5 Shell Un Ofl b3 47 Sierra & S F P 55 49 Sine Con O 6 ‘38 B SincCon O 78 37 A.. Skelly Ofl 6%5°39. .. .So Bell T&T 6s'41... So Colo Pwr 68 47 A. So Pac col 43°49. So Pac ref 43 ‘55 So Pac 4%s 68 So Pac 44863 So Ry gen ‘t 56 . So Ry 6%s ‘5 SoRyM&O 4s Southw Bell T 58 '54. Stand OII N ¥ 4 %9'51 Studebaker cv 68 45 Former National City Bank President Retained in Advisory Capacity. By the Associated Press. NEW YORK, June 14.—Postal Telegraph & Cable Co., harasssd by recurrent deficits, has sought the ad- vice of the flery erstwhile chief of the National City PBank Charles E. Mitchell, This represents Mitchell's first big iob since he returned to Wall Street | in January, taking a suite of offices | marked “C. E. Mitchell. Inc.” Mitchell returned to the maelstrom of finance after resigning from the Naticnal City Bank in Februacy. 1933, during the banking investigation by the Senate Banking and Currency Committee. He inen said he was re- tiring because he was “not willing that criticism which has been directed at me as a result of public misunder- standing of testimony” before the coramittee should react against the bank. Mitchell is familiar with the sffairs of the Postal Telegraph & Cable Co., thrcugh having sarved for some time ap until two years ago as a airector of International Telephone & Tele- graph Corp., the pareu: company It/ was explained, however that nis new conrection with tle Postal is purely in an advisory capacity on a retainer basis. and that he does not cccupy any official position. The problems ot the Postal wili be | discussed at a meeting of directors to- | day. Postal's immeaiate problem is | the payment of interest due sn some | $50,000,000 of 5 per cent bonds July | 1. Postal has been locking to the Week’s Total of 630,836 Also 14,068 Ahead of Last Year’s Level. By the Associated Press. The Association of American Rail- roads announced today that loadings of revenue freight for the week ended June 8 were 630,836 cars, an increase of 65494 above the preceding week, 14,068 above the corresponding week in 1934 and 61,679 above 1933. The increase was due partly to the fact that the preceding week included the Decoration day holiday. Miscellaneous freight totaled 232,- 678 cars, an increase of 18,324 above the preceding week, a decrease of 9,707 below 1934 and an increase of 12,765 | above 1933. Less than carlot merchandise to- |} taled 157,633, an increase of 18,670 ROLLING MILL NOTES CALLED FOR JULY § By the Associated Préss. NEW YORK, June 14—American Rolling Mill Co. is notifying holders of the 5 per t convertible notes dtie Novbrmer’ I 1938, that it has elected to redeem these notes at 1022 and accured interest on July 15. BALTIMORE STOCKS Bpecial Dispateh to The Star. BALTIMORE. June- 14— L ll’h del & G 10% 8 West M Datsy bt 80% U. S. TREASURY POSITION. By the Associated Press. The position of the Tr was: Receipts. $126,961 tures, 5303:021.001.51 253.168.07 customs sury on June }2 66.19; expendi- ance, $2,005.- receipts for iscal year (since 1) 186,009 05% Jrmenaifiines 30182040, 53070 (including $3 - 121.89 of emergency egyendnuren) excess $: above the preceding week, but 5,352 | deb below 1934 and 10,752 below 1933. Coal amounted to 141,041, an in- crease of 24,412 above the preceding week, 39,125 above 1934 and 51,785 | above 1933. The association credited | the heavy increase in coal shlpmmu‘ to the anticipated strike of bituminous | coal miners. Grain and grain products totaled 24,515 cars, an increase of 1,281 above the preceding week, but reductions of 6313 below 1934 and 11492 below | 1933. In the Western district, load- ingg were 15,253, a decrease of 4,544 below the same week in 1934. | Live stock loadings amounted to 10,- 911, a decrease of 192 below the pre- ceding week, 4.218 below 1934 and 4,- 913 below 1933. In the Western dis- tricts loadings were 7,864, a decrease of 3,754 below 1934. | Forest products totaled 25818, an increase of 1,178 above the preceding week, 1217 above 1934 and 1,193 above 1933. parent company for aid for some time. The question is understnod to have arisen in Internationz: Tele- | phone & Telegraph Corp. circles as to | whether it should continue to- pay | the deficits of Postal or wether | Postal should seex a capital readjust- | ment to reduce iis fixed charges. In circles close to the company ‘t was learned that a statement wouid prob- ably be made iollnwing today’s meet- ing. International 7Telephone % Tele- | graph Co., operating profitadle tele- | co phom- xynem‘ and eguipment nanu- turing enterprises in severai for- ign countries, has long sought tc get Internstional nas been | one of the chief proponents of a| change in the White act, to permit a | Ore loadings amounted to 32,377, an increase of 2313 above the preceding ;;;; 377 above 1934 and 21,712 abme Coke totaled 5.863, a decrease of 492 below the preceding week and 1,061 | below 1934, but an increase of 1,381 above 1933, | COMMODITY PRICES ‘ RK. June 14—The Assoctate Puu “ehoresate ‘orice L hider e 20 Dasic odities today advanced to 7 he previous dar it was 60 KA 280 70.75."a month ago 75.14, and 5 633 Range ol recent years: merger of domestic telegraph com- pan‘es. There have been repeated rumors of merger olscuuxum with Western Union. Congress has failed to pass tne nec- essary legislation 13 permit a nerger, however, and Western Union is under- | acquiring Postal. | Security Dealers' Association (Closing quotations.) Bid. Asked. | Admin Pund we ;:m Bankstocks . . m Business - ! Aok g o7 Cumulative Tr te Trust 01 EL? A . Corporate Trust Acouin Ser Corp Tr Accum Ser m ! Depos Bk 8h “ d Trust Sh B | Pund Investors ch Fund Tr &I Find 7Tr Shes B Incorp Investors Inv Tr N ¥ ‘A Investors Fusg Maryland Pund Inc Tenn Cent 68 '47.. Tenn C & | RR bs '51. Tenn El Pw 68 47 A. Tex Corp cv bs 44... Tex & N O 58 '43 Tex & Pac 1st 58 2000 Tex & Pac 68 °11 B Tex & P MPT 6% Third Avref ¢s 60... Third A ad in ex 6560 Toronto H&B 4s Trumbull Stl 6s 40.. 4 UnEL&P 6367 Un Pac 4%c '67 Unit Biscuit s '50. Unit Drug 6s '63 . U S Rubber bs 47. Utah L& T 6 “ A. Utah P& L OUIP &L 589 Ul P& L5%s "4 Vanadium v 6s 41 Va Ry 18t b: Va8 W con bs '58. Wabash 4%s " Wabash Ist bs '39. Wabash 2d 58 39. . Wabash 63 ‘80 D..... Wabash 5s ‘80 D ctfs, Wabash 6%s '75. . Walworth 65 "45 . 107w 107% 119 119 109 109 80% 80 % 15 18t 48 2361 [ld. W Sh 1st 45 2361 rg.. West'n El deb b8 "44.. 106% 106 % West'n Md 1st 48°53. 94% 94% 94% WOI("nNY&P ‘n 4543 lDG!‘ lOGh 1065- 10% !OM W% 924 9% 92 90 90% 90% . 101% 101% 101% 92 92 92 . 81 81 81 Wh& L E4%s 66 A. 1027 102% 102% Wheel Steel 4145 '53. Wilks B&E 1st bs 42. Willmar S F 68 °40. .. W Sp Stl 1st 7s '35 ct. WisCS & D ter 4536 Yolnktn SAT be70 B 93% 93 93 Toungtn BAT 5818 A ¥3%s ¥3K 984 BANK LOANS REDUCED. NEW YORK, June 14 (#)—South- ern Pacific Co. has reduced its bank loans by $5,000,000 since the first of the year, it was announced today. This reduces the aggregate of debt to $16,500,000. METAL MARKET. 'ORK. Jlllull ). b t and fut Batare. 430, “Alumimim 10 ure, L gl.‘mg‘g‘:v. spot, 12.75. Woltianite, 1 Nor Am Tr 8h 1958, Plymouth Pund A | Quarterly Tne Shrs | Texarkana 6%8 ‘50 " | A Seiccted Am Bh 1ne | Selected Cumul Sh Selected Income Sh | Spencer Tr; A;iszaises 196 Shrs | Trusteed Indus”) Shrs | Trusteed N Y Bk | Trusteed Am Bk * e MONTREAL SILVER. MONTREAL, June 14 (# —Silver fu- tures closed l!zlfly 5 lower to 25 higher. Sales, 38 contracts | June PHILADELPHIA PRODUCE. <HILADELPHIA, Jggs’ 14 0P —Dressed chlcke\u. westers. par:) e stood to have shown no interest mlflm’»& 7.63 Miscellaneous Markets. Additional New York markets (compile by, the Atociated Bresste o Comoled m—svux quiet k- Santo: BY, frelant inclided” Saritgs Rio sa es. N0 Jul 5.00-5.0%: December. Ma b7 March i) Santos _futures ea 45n. September. 750 De- ‘Maren. 7 50-80" May closed steady. 2 00 Janu- ¥y, 13.50n 1 4: ) oA —Futires closed steady. un- chanzed to 4 higher: sales. 330 bales | July. 1'34:_ October 2b cember }2%b Open market Qquotations [ iy pasis)s ‘Shanghai stesm flature 7 per cent serio) 1 double _extra 4-16s. 1 apa- mese special crack double extra 81 per cent seriplane 13-15s. 1.40: RAW RIDE—Putres closéd steady. un- changed to 2 higher. September. 10.23b: December. 10.56: March, 10.85n. Saies. .200.000° pounds. b—Bid. n—Nominal, . \ 2= et \ SHORT WEEK ADOPTED. | NEW YORK, June 14 (#).—The hoard of governors of the New York Commodity Exchange has voted to suspend Saturday sessions on the ex- change from June 22 to August 31, inclusive. Equitable Co-Operative Bldg. Ass'n ASSETS $6,492,976.24 anized 1839 or, JOHN JOY EDSON President Take 12 Years to 915 F St. N.W. Live poultry unc MAIN OFFICE Fidelity Building 610 13th St. N.W, at 1:30 over WISV every Sunday P.M. Profits that Computed p sured that our instit for its members. Subscriptions for the 109th Issue of Stock Being Received Do You-Desire a Loan —on Real Estate or to Take Up First Mortgage? TTHOSE desiring money to purchase a home, refinance present indebtedness or improve property should consult us. Applications will receive prompt and courteous attention. Loans Repayable Monthly ENTERPRISE BUILDING ASSOCIATION 7¢h 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 FIRST MORTGAGE MONEY To Loan on D. C. and Nearby Mary- land Real Estate Prompt attention given to all applications Nat. 2345 For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE || NO RENEWALS REQUIRED Terms Arranzed om Easy Monthly Payments MIMBER BUILDING & ASSOCIATION COUNCIL o O.€. Permcznenz BUILDING ASSOCIATION 33 YEAR COMPLE ETED. WALTER S. PRATT. Jr.. Seeretary Repay Your Loan Nat. 1741 THE FIDELITY BUILDING & LOAN ASSOCIATION ‘The Institution of Service can be in Advance EOPLE frequently ask us how they may be as- ution will show a profit ©® The answer is as simple, almost, as first-grade’ arithmetic; we-have funds lent out on homes, which loans are being paid off at a definite schedule, carrying a definite interest charge of 6%. ® We know what our regular income is and we know what our expenses are—Profits thus can be computed in advance. ® TAX EXEMPTION: Your funds are exempt from Personal Intangible Tax. We Pay 5% on Savings Compounded Semi-Annually from the date of payment to the date of withdrawal