Evening Star Newspaper, June 26, 1935, Page 13

FINANCIAL, CORPORATE BONDS STAY NEAR LOWS Secondary Rail Issues Lack Good Support and Yield Easily to Selling. By the Assoclated Press. NEW YORK, June 26.—The corp- orate bond market was heavy today, finishing around the lows. Secondary rails, which were resistant to selling yesterday, lacked good sup- port and yielded rather easily in the late trading. The United States Governments & shoyed general steadiness in light \] trading, closing 2-32ds of a point lower to 4-32ds higher. Losses ranged from fractions to 2| points in loans of M-K-T, Nickel Plate, Erie, Missouri Pacific, New York Central, Southern Pacific and Southern International Telephone issues sold off, but those of Western Union improved. Great Nothern bonds showed independent strength. Londoners Expect Stabilized Pound Around $3 Level Bpecial Dispatch to The Star. NEW YORK, June 26.—The average guess of supposedly well informed Londoners is that the pound will soon be stabilized around $3. This average was obtained by piecing together let- lers that have been received in the business and financial districts here fram Londoners whose names fre- quently are mentioned in national and international circles. Virtually every letter stresses the fact that it will be impossible to get return or safety in London until stabilization comes. Then, in varying degree, they suggest that considerable progress, “unofficial, to be sure,” is being made by Britain, France and America toward stabilization. It is indicated that the British are buying American securities only until the pound is stabilized, one of them saying. “because we frcl that when stabilization does come we will be able to sell our American purchases in your market and buy back our pounds around $3." 4chvr‘ih' 1033 Washmgton Exchange SALES. Potomac Eiectric 5'; % pfd.—3 at 114, AFTER CALL. Capital Traction 55—$500 at 97. Washington Gas 5s, 1960—$1,000 at 118. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Asked. Amer. Tel. & Tel. 45, s Am. Tel & Tel. Col. Tr Anacostia & Po! Ans & Pot. Elec. Pow. Cons Pctomac_Elec. 6s Wash. Gas 55 Wash. Gas 5s 1060 Wub Gas s gorio B Wash. Rwy. & Elec 4 MISCELLANEOUS Barber & Ross. Inc : i . Mfs. 6; W. M. Cold Storage STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) Clnill. Trl'm' Co. (17 N & b Eor m n o Wish Gas L Coi Wash. Ry. & El. com. (1 Wash Ry, & ¢ Com. & Savings (6)____ F‘[R! INSURANCE.__ American ( 175 Corcoran (2 iremen’s (1. N) National Union (.60 TITLE INSURANCE. Columbia (.30) _____ Real Estate (6) M Carpel_Corp D C._Paper Mix. pid Wawd. & Loth. *Ex dividend. 125 cents extra. 2Plat. DAILY OIL PRODUCTION CLIMBS 4,250 BARRELS By the Associated Press. NEW YORK, June 26.—Daily aver- age gross crude oil production in the United States increased 4,250 barrels in the week ended.June 22, totaling 2,728,300 barrels, the American Petro- leum Institute’s weekly summary in- dicates. Daily average production east of California decreased 1,550 barrels to 2,147,300 barrels. Refineries representing 89.5 per cent of estimated total capacity, operated at 76.5 per cent of their capacity, re- ported daily average runs of crude oil to stills as 2,606,000 barrels, Daily average the previous week for re- fineries representing 89.5 per cent of total, operated at 74.6 per cent of cepacity, was 2,541,000 barreis. Imports totaled 1,627,000 barrels against 1,095,000 the previous week. S U. 5. TREASURY POSITION. By the Associated Press. ;(¥he position of the Treasury on June s $13.461.272: expendi- balance, $1.917.927.- aton e BT e fscal year (since July 8.173; expendi 7,190, inciuding . %555 emergency exnendlmresl’p‘e . a decrease of $6.02. gold asset. 1934 (comparable ;, expenditures. 80 37,7 5’189 n!l bnlnnoe $2.628.478, g;umml receipts for the month, $17. 101.- 74BN Se expeaditares $6.000 185165 (- clud‘na ssass 044 \»04 of emergency ex- mdmu'u S i ot SPendiith & ts. $7.843.810.51 | AR “WRITE-DOWN APPROVED. NEW YORK, June 26 (#).—Stock- holders of Foster-Wheeler Corp. have approved proposals to write down the value of plants and patterns by $1,- 634,516 and a write-down o the value of the common stock and cap- ital surplus by & similar amount. ' STORE SALES DECLINE. NEW YORK, June 26 (#)—Sales of Dominion stores in Lhe four weeks ended June 15 amoun‘ed to $1,350,- | | i | Brasil 6148 "2 By private wire direct to The Star. Approximate Trensactions Today. U. 8. Gov't Bonds.. $1,000,000 Foreign Bends. 1,920,000 Domestic Bonds 17,990,000 LIBERTY. High Low. Close. 4th 43 s 1933-38. 10127 10127 10127 TREASURY. 0..00010119 10116 10119 . 1068 106 . 10430 10427 10430 . 10820 10819 10820 10616 10614 10616 ° 108 16 10816 10816 941-43 Mar. 10819 10818 1081% 10719 10719 10719 11180 11129 11129 -45 10626 106 23 10625 117 11627 117 235 1942-47. 3a 1005 102 3s1 . | 3%s 196 . 10827 10325 10327 HOME OWNERS' LOAN. 2% 8 1989-49. 10019 10018 10019 3s 1952, 481951.... .100 100 FOREIGN BONDS. High. Low. Close. Abitibl Pa&Pw 58 284 27% 28 Adriatic Elec 78'52.. 8l 814 8l Agr Mtg Bk Col 68 '47 Febr cou on.. Akershus 68°63. . 100 22 Argentine 5%s ‘62 Argentine 6s ':; Argentine 63 °60 May. 96% Argentine 6s 60 Sept. #/ Argentine 6s '60 Oct. 97 Argentine 6s ‘61 Febr 97% Argentine 6s '61 May. 97 Australia 4% Australia bs ‘55 Australia 6s ‘57 Belgium 65 '55. Belglum 6148 4 fum 78 ‘55. Bllxlum s '56. Bolivia 7s'68. . Bolivia 75 '69 Bolivia 8s Brazil 6%s 10218 102% 106% 1 107 1 114% 1 1 Brazil 15 '52..... Brlzll 8s 41 | Brisbane 5= '57. Brisbane 5s '58. Brisbane 6s 50 Budapest 6562 unmat cou on. Buenos A 63’61 Pv Buenos A 6s 61 st Buenos A 61;s'618tPv Bulgaria 7s '67 July coupon off.. Canada 4s°60.... Canada 4%3°'36...... Canada 6s ‘52 Chile 63 '60. Chile 6s 61 Jan.. LmI! 6s°62. Chile 6s ‘63 Chilean Mun L Chinese Gv Ry 58 Colombia 6561 Jan.. Colombia 6s ‘61 Oct.. Col Mtg Bk 7s "47.... Copenhager bs '62. Copenhagen Tel 58’54 Cordoba 7542 Prv... Cordoba 7s '57 stpd Cuba 6%s '45 Cund'amarca 1% 11 Denmark 4% . 89% B9% Denmark b . 9% 9T%h 9 Denmark 6s ‘42 . 1021 102% 10214 Deu Bk 6s 35 ctstpd., 64% 64% 64% Dominic 1st 5%8°40. €0 60 60 Dominic 1st 6%8°43. 65 65 65 Dominic 2d 5%48°40.. 60 60 60 El Salvador 8s'48ct. 41 41 41 Fiat deb S1 o1 .8t Finland 6 106% 106% 106% Finiand 6%s '56. . ... 103% 10314 103% Frankfort 6%s '53... French Gov 7 French Gov T%s '¢1.. Ger CBk A 65'38.... Ger C Bk A 6s°60 Oct Ger C Bk A 78’50 Ger Gen El 6s 48 Ger Gov 5% ' Ger Rep s '49. GrtC ElJap 6% Grt C El Jap 78 '44. Greek Gov 63 '68. Haitl 65 '52. Hansa S S 65’39 ww.. Helsingfors 633 ‘60, Hung Con M 7s 46 unm coupon on. Hung Con M 78 45 unmat coupon on Hungary T%s 44 Febr coupon on.. Irish Free St 55’60 ltaly 78 °61. .. ItalPUCra7s Japan 5%s ‘65 Japan 614 '5¢ Karetadt 6543, Karstadt 6s Karstadt 6s '43 ct stp Kreu&Toll 5s '59A cfs Met Water 5%s ‘50 Milan 6%8s ‘52 Minas Gers 6%8 58 Sept coupon off. . Montecatini 7s '37. Montevideo 63 '69. ... New So Wales 5857 New So Wales 68 '68. 99% Nord Ry 6%s '50. 1 Nor Ger le cfih w 904 9514 9 44y 35% 1779 177 177% 39 3% 29% S8 384 487 48T 25k 251 37% 3T ¥8ls 88% 9% 95% 30% 30% 90% 90t 42y 42% 102% 102% . Nnrwly 6s°52 1 Norw Hy El5%48 '67. Orlental Dev SU.: '68. Oriental Dev Panama s '63 Panama 68'63 stp Paris Orl Ry 6%s '68. Pernam 7s '47 Sept 59. Pirelli s '52 Poland 6s '40. Poland 8s 5 Porto Alegr July coupon oft Prussie s ‘52 Queensland 78 *¢1 Rinia Steel 7s '65... Rio de Jan 648 53 Aug coupon off.. Rio de Jan 85 ‘46 April coupon off. Rio Grdo Sul 85 ‘46 April coupon off. Rome 6%4s 62 Rotterdam Rumania 69 Aug coupon off. .. Santa F' Arg 75’62 stp Sao Paulo St 78 40... Sao Paulo St 8s '36 July coupon off.. Sao Paulo St 8s 50 July coupon off. . Saxon Pb W 6%s '51. Sazon Pb W Ts 45. Saxon St Mtg 78 '45.. 9% 9% 1% 14% 26% 109% 109% 501 50% 109% 501 14 15% 16% 16% 16% 6% T4% Ta% « 1124 112% 112% 1% b4l 8% FURNSUY 15% 154 31% B4y . Uruguay 6864, easee Warsaw 7s ‘53 % 1% DOMESTIC BONDS. Abr & Straus 6% '¢3 104% 104% 104% n% 61% 61% 61y 17w 17% 17% Allek Corp 88 un'p © 13w 12% 13 740, compared with $1.657,863 in the | Allied Stores 4335°50 94% 93% 93 IOlK 101% 101\( 36 THE EVENING STAR, WASHINGTO BOND AVERAGES Complled by the Associated Press. 20 10 Rails, Net change . ; 3 Today (close) 83.; . 88. 878 76.4 89.4 4.5 458 1011 1934 low 1932 low . 1928 high .. Today (close) Month ago ... 1935 high 1934 high 1928 high Previous day Year ago 1935 low . 1934 low . 1932 low . High. Low. Close. 110% 110 110% 9% 94U 94u 1025 102% 102% 101% 101% 101% 108% 108% 1084 109% 10815 1084 113% 112% 1134 113 112 112% 1124 112 Gannett 68 '43.. Gen Am Inv b8 '52 Gen Cable 648 "47. Gen Pub Sve 6%s '39. Gen Steel C53%8 49 0 Am1GChb6%s" Am Intl 6%8'49 Am Roll Mill 6338, Am Smelt & R Am T&T 4% Am T & T deb Gotham Silk Gould Coup Gr Tr'k of Can §: Gr Tr'k of Can 1s 40, GtNRref¢%s'6l A. Gt N R gen %48 '76 D GUN R gen 448" B GtNRgenbés'13C... GUNRb6%s 52 B. GtNRgen1s Gulf M& N 6 Gulf Sta Stl 53 Har Ry-P C 1st Ha El con 5 nB&T 1 n Ol 6%, Hudson Coal 68 u. Hud & Maen inc bs '§7. Hud & Man ref 58 '5T. 111 Bell Tel b8 Il Cent 1st 3% 851 111 Cent coll tr 111 Cent coll 111 Cent ret (11 Cent 4%s 111 Cent ref 68 ‘55. 111 Cent 6345 36 ICC&St L NO 4%s'63 ICC&St L NO 63 '63.. 111 C St L & NO b5 '51 111 Steel deb 4348 40, Inland Sti 43, Inland Stl ¢ Int RT Istrf 6s'66.. IR lat rf 68 '66 ctfa IntRT 68’32 IntRT6s IntRT7s 32. Int R'T 78’32 ctfs Int Ag col bs int Cement bs Am Wat Wks Am Wat Wks Am Writ Pap 68°47.. Am Writ P 65 '47 ctfs Anglo Ch Nitr 7s 45. Armour & Co 435 ‘39 Arm of Del 6%s ‘““- - 10214 1044 110% 108t 110's 11% 9Tl T4% 9% 19 95% 95% 107% 107% 104 103% bbls b4 108 104 69% 695 68% 68!y 68l 106% 105% 103% 104 10215 102% 1044 110 108% 110% 114 9Tt T4 Atlanta & Bir 4’3 Atl Coast L 1st 4 Atl Coast L clt AtICL un 4%s'64 At Coast L elt 6s *45. At] Refin deb 6 B&O1st ¢ B&O6s'96F......0 B & O ref 582000 D. B & O ref 63°95 C B&0 PLE&W V 4s B & O Swn 68’60 B & O Toledo 4 '59.. Bang & Aroos 4s '51.. Bang&Aroos cv s '51 Bat Crk & St 3s'89... Beech Crk 45 36 gd., Bell T of Pa bs ‘48 B.. Beth St rf db 5s ¢ Bos & Me 4%s ‘61 Bos & Me bs ‘55 Bos & Me bs 67 Bos& N Y A L 4s'55. Bklyn Edis 5549 A.. Bklyn Edis 65’52 B. . Bklyn QueensC & S con 58 '415tp. ... Bkiyn M T 58’49 A Bkiyn M T 6368 A Bklyn Un EI 6s §0 Bklyn Un Gas 68’4 Bkiyn Un Gas Buff R&P con BCR&Ncl5s'34 Bush Term cn 6a '5! Bush T Bldg 6360, Calif GRE ref 5s 37, Calif Packing 68 "40. Calif Pet 58 39 . Calif Pet db 53833, Camag 8 78 '42 ctf Canada Sou 6862 A.. Can'dian Nt Ré% ’N Can'dian Nt R 4 Can'dian Nt R 4 Can'dian Nt R 6s°70. Can’dian Nr db6 %846 1231a 88% 1037 5 108% 109% 70 105 108 10644 10615 10843 1081 1187 1187 10515 105t 61% 62 201 20% 43 43 62 62 10814 108'% 1041 104% 101% 101% 70 | Int Gt Nor 6852 A... Int Gt Nor adj 65’624 Int Hydro EI 6 int Mer Mar 41 Int Pap 1st 63°¢7 A Int Pap ref 6s ‘65 Int Rysof CA 6 Int RyofCA S Int T&Tecv u‘ Int Tel & Tel 4}48'53. ot T&T bs inv Equity & A James F & C 45°39 KanC F S& M4s " Kan C Sou 1st 3 Kan C Sou rf in 68 ‘50 Kan C Ter 1st ¢s 60 KanG & E 4% Kelly Spr Tire 103 111% 110% & 117% ww.. County Elev Cln dian Pc 5s Can‘dian Pc bs "54. CaroC1 & O 58 . 108'5 10814 20 20 9% 9 105 105% 105% 94 934 5914 57 103 Leh Val Coal 6s '38... LVNY 438’40 gtd. Leh Val Har 55 64 Leh V Pa con 48 200 L V Pa con 438 2003 Leb V RR con 58 2003 Loew's 6s'41....0000 Long Dock 6s '35. Long 1sl ref 4s ‘49 Long Isl unif 4s ‘49 Lorrillard 78 44 Cent (I E&G 6 Cent N Eng 4s " Chesap Cevel Chesap Corp bs 47 C&Ogendls 93, C&0O4%:8'93 A. C&O4%s 95 B. C&Oconbs’39. C&OR&AII(!!'!D L& N 5s2003B. L & N rf 5%8 200; M'Cro'yS 54 s'4111 McKess & R 535 '50. Manati Sugar 1st 738 42 ctfs. Manhat R 4s'90..... Manila El R&L 5s '53 Market St Ry 78 40 A Marion St Sh 6 Chi B&Q 1 div4s’49. Chi & E 11 55’51 Chi & E T1l 5851 ctfs Chi & Erfe 1st 58 '82.. 1 Chi Grt W 4s"89. Chi Ind&So ¢s ‘56 CM&StP gn 3% Mich Cent CM&StP 4539 Mich Cent MidRRNJ 6 Midvale S&0 bs MIIER&SLS6s CM&StP 58 °76. CMStP&P adf 62 Chi & NW gn 48'87.. Ch1 & NW 4148 2037 Chi & NW 4%s 20!70 Mil Spa & N W 48 '47. Minn & SLrf 4s'49.. MStP&SSM cn 4s 38, MStP&SSM cn bs'38. QaqnaqQqeaa ZE = Zoe Mo Pac 5s '81 A ctfs.. Mo Pac5%8 49 A Mohawk & M 48'91, Mont Cent 6s '37 Mont Pwr ref 68 Chi & W ] con 4562, Chi& W16%s'62... C&WI1 1st rf 5148’62 C Chilas & Co 5843 .... Chile Cop deb 68 47.. Cin Gas El 48°68 A. Cin Un Ter 55 '57C CCC&StL rf 4%s'T CCC&StL rf 6s'63 D. Un Ter 43877, Un Ter 5s'73 B. Clev Un Ter 5% 5724 Colon Ofl 6s 38 Col & H Val ext 4 n Col & So 4% '80 Col & So 4%s '30 asst Columblia G & E deb 5s'52 April...... Columbia G& B 63’52 May Columbia G&E Mor & Esx 63 66 Morris & Co 4% Murray Body 6%s "43 Namm & Sons 6s "43.. Nassau 1 4s ‘51 gtd. Nat Acme 6s°42.. NatDis PC 433845 Nat Dairy 5% 45... Nat R M 1st4s'51 ai Nat Steel 45’65 Nat Steel 63 861 66K 109% 109% 109% 61 6L :} 61 61 90% 89% B89% 90 89% R9Y . ®9% R9 B9 1065% 106% 106% 1113 111% 1114 107% 10714 107% 84 33K 334 84 331 33% 108% 10814 1083 Con Gas N ¥ 68 '57... 106% 105% 105% Con G N Y db 6% *46 105% 105% 106% Cons Rws Co ¢s '54 Container deb 5s New J P&L 43560 New Or PS 6362 A.. New Or P8 68’656 B. . New Or Ter 1st 4863 New Or T&M 4%s ‘56 New Or T&M 65 '64 B New Or T&M 5%s 54 N Y BkIn&M B 68 '35. N Y Cent 3%#'97. N Y Cent rf4%s2013n N Y Cent rf 65 2013.. N Y Centev NYCLSh3%s - 103 1024 102% 105% 105% 105% L 104% 104% 1043% 40% 40% 460% 41 41% 41% I! 42 43 - 43 4R 49 CumbT&T5s' l'l. . IM% 106% 106% nn 1t 4%8 53 Del & Hud ref ¢s "4 Tusk 79% T9% N¥Co ‘* N Y Dock bs ‘3! 222227 n jore} CLLE L L HEE 2 EEEH] ddeerrer EEEERE DulSS & At5s DuquLtm-'ua...nz 12 11 Duqu Lt 1st 43s ‘67, 105% 106% 106% ETV&Gacnbs'ss. 106% 106% 106 3 99% 99 lfll\i 101% 101% 79 9% a0 o 6o Erferfath........ 664 64% 64% Erie & Jersey 6 17 17T 17 Fed Lt&Tros'43st. 93% 93% 93% Fea Lt & Tr 6a’43.... 98% 98% 98% FlaECRy S8 Toam 8 7% 7% ;3!!!!””1 s s (3 e meR L] Erferf bs T 2222222222222 - [ 4 g g o g H T 5% 55w B54 111% 111 111% 845 84 84 High. Low. Close. 105 104% 104% 102 102 102 88% 83w 8% 9% 99U 99% 78 78 T8 10% 10% 10% 98 9T YN 108% 108% 108% 106 104% 104% 90% 90% 90% 28 26% 26 106% 106% 105% 104% 104% 104% 106 108% 106 88% 86l 87 ¥6 2% 9815 96% 611 871 88 92% T 108% 108% 102 102 102 6715 2% 101 B1% 341 81% 3414 4% TaW 67 68% 107% 107% 103% 103% 76% 103% 102% 108% 07 A 102% 102% 7% m'/. 102’- un 50% nl 50% % 34 MSt P&SSM 68 '38 gtc $ 1 Mor & Esx 3%s 2000, 1043 104% 109% 109% 874 87% 7 §T% 98% 981 99 99% 104% 104% 2% 2% 103% 103% 105% 1065% 63% 63% 120 120 121% 121% 103 10315 109% 8714 110" 1008 1008 88 87 87 101% 101% 101% 58% 68 68 6R% - 67 67 661 66% 661 107% 107% 107% 521 B2 B2y 107% 107% 107% 108% 108% 108% C., WEDNESDAY, BONDS ON NEW YORK STOCK EXCHANGE mn.ma-: <+ 106% 106 106 r'l“ 10215 10214 102% 87% 88 % AU 101 Norn Sts P 1st6#°41A 107 107 107 Nor'n St P 6841 B.., 107% 107% 107% - 11315 1131 113% <112 112 112 « 117% 117% 117% 106% lgg 105% Par-Pub 6%s Penn Dixie C % Penn RR con 45 "43... 109% 109% 109% Penn RR con 4s 48 112% 112% 112% Penn R R 438’81 D.. 106% 106 106% Penn R R con 4%s ‘60 117% 117% 117% .o 105 1054 105% Peo G Lt&C rf 68°47,. 106% 106% 105% Peo G Lt&C6s'43....116 116 116 Pere Marqg 'st4s'56., 79 79 79 Phila& RC& Phila& RC&1 Phillips Petr 6 Pilisbury FI M 1027% 102% 43, 107% 107% 107% PCC&StL 4%s'42B.. 112 112 112° PCC&StL 4%s 77 C.. 10614 1065 106% PCCAStL 5876 B,.., 113%5 113% 113% Port A C&D 6s'53 84 84 84 Port Gen El 4 %9 68 67% 6T Port Gen El 18t 68 '35 104% 10415 10413 Porto Rico AT 6s 43, 51% 61 61 Postal Tel &CEs’53.. 81% 30% 31% PubSEI& G 4% 67. 1074 10734 1073 1... 107% 107% 107% 101 101 101 102 102 102 931 934 933 9% 991 99% Reading R 4%8°97 A, 106% 106% 106% Rem RA 6348 47TAww. 1031 103 103 Rep | & Stl 63 40.... 106% 105% 105% Rep 1&St1 6%,8°63 A. 102 102 102 Revere Cop&Br 6: 8 108% 1081, 108% Richfield O1l 68 44 33 32% 32% Richfield O 328 RG W Istexin 80% Rio G W col 4 B4% StJo Ry L T&P ll ‘37 104 104 SoRyM&O ¢s'3 41% St L IM&S R&G St L IM&SR&S: StLRM&P 65556 StL-SF4s'50 A..... StL-SF4%s'78..... StL-SF4%s'78 ct ot StLS W 1st 4s'89. St L 8 W 1st Ter 68’52 St L SW gen rf 63 ‘90 San A&A Pa San An Pb 8 6s '52 Seabd A Liref 43’5 Pure Of] 5% Purity Bak Reading Jer C 80%% 34% 104 Seabd A-Fla 6s/35A et Sharon S H 63%» '48.. Shell Pipe L 68 3. Silestan Am 78°41 SincCon O 6%s ‘318 B Sinc Con O 7837 A, Skelly O11 538 3 So Colo Pwr 68 47 A. So & Nor Ala 5536 So Bell T&T 6s ‘4. 101% . 101% + 102% 97 1044 So Ry 5844 reg. So Ry gen 6 So Ry 6% B So Ry St Ddlv 4s'51. So Ry Mem div 55 '96 Southw Bell T b Spokane Int 68 Stand Of] N Y 434’51 Stevens Hotel 65 '45. . Studebaker Tenn Cent 68'47..... Term As St L 48 53.. Texarkana 6%8'50. .. Tex Corp cv 68 ‘44. Toex & Pac 68’77 B. Tex & Pac 68719 C... Tex & Pac6s'30D... Tex & P MPT 6% Third Av ref ¢s Third A ad in ex Toronto H&B UnEL&PS Un O Cal 65 4. Un Pac 1st 4847, Un Pac 436 Un Pac istrf Un Pac 4346 Un Pac 1st rf 68 2008. Unit Biseuit ll 5 1054% 105% 19 119 1124 112 112% « 102% 1021 102% 107% 107% 107% . 1051 1063 105% 114% 114% lid% 106% 1088, 106% 9046 90 904 26% %" 881 88% P 47 s 10575 119 Ut P& L6s !" UtIP&LE%s"4Y..0 VaEl &P ii’l Va E1&Pwr 6% Va Mid gen §s ‘3¢ Va Ry 4% 4., 112% 112% 112% Wabash 6%8'76..... Wabash Oml%l ‘41, Walw'th 638 s Warner Bros ev 63 '39 Wash Term 3%8'45. Wash W P 18t 65°3 102% 102 102% West'nNY&P gn ¢8'43 106% 106% 106% West'nNY&P 1st58'37 105% 106% 105% West'n Pac 6w'46Aas. 33 33 33 921 91% 921 1037% 103% 1037 IR T Tt . 92 914 924 « 101% 1011 101% Wh & L E con 4s 4!. . 108% 108 103 108 West'n Un 68 '51. 103% 103% 103% | 5: 98% 98ls 987 | sales. '53.. Wheel Stl £%s ‘48 A. 1031 1084 1031 WSpSticon1s'36et. 9% 9% 9% Wilks B&E 1st 65 42, 46% 46 45 Willmar 8 F' 68 .« 103% 103% 108% WiscCistgen 45490 9% 9% 9o Youngtn S&T 5sTS A. 4% 94% 94% FOREIGN EXCHANGES. June 26 lfl,—h"n ox- Great Britain in lars, o oy, et ‘r"v‘-nc‘e“ o %7 . mand, aa‘-xz. cabies. 8. " y. de- mand. 8.28 ot 112% 112% 112% | 5 108% 108% 108% um lg:% 123% mu 1014 mu B lol'c 10». mn 1% 10% 11% 106 106% 106'4 » 106% 1061 106% 109% 109% 109% 484 484 L} MONTREAL SILVER. ONTREAL. June 26 UP_Sliver fu- ts. !llu. 138 eon&rumr‘ P aft an JUNE 26, -1935. WEAKNESS SHOWN INPOULTRY PRICES D. c."Market Barely Steady to Lower, but Eggs Are Unchanged. Live poultry prices were barnly steady to weak on the Washington produce market today. The lev changes were on the downside. continued to rule steady at unchmud levels. The summary, with egg and live poultry quotations furnished by the Department of Agriculture, follows: e pound prints (92 score). 1- wunu rints (90 score), 25: 1-pound prints (89 score), 24; TS—Bee: 17a1R; bacon. 3043 12%318%. LIVE STOCK_—Hoss. medium, 75; hel rousm, nnn 00; luos—unkn contin: ghansed prices: current, receipty Chvemment LIVE POULTRY—Market barely steady to weak. with Drices mostly unchanged, gxcept ofy occasional lots. which are lower. Foul. ‘colored. 5 pounds and over. 178181 ; Leg! 22233 cents; urkeys, hens, 17; toms, 14al CHICAGO STOCK MARKET CHICAGO. June 28 (P —Following is the complete official list of transactions in stocks on the Chicago Stock Exchance ITOCKS. High, 5 0% 200 Armour & Co. Invest. ... 800 Borg-Warner 30 80 Bors-W_pf cailed 10732 1 Bors-Warner pr. 110 B0 Brown' PAW A" 33 200 Brown P&W 3 0 Eisin Na: Watch: 200 Gen Candy A.. 2350 Gen_ Houeehoid © 250 Goldblatt 20 Harpisehtezer " 150 Hart-Carter pf 130 Helleman @ !re' 50 Hormel & Ct 400 Houd-Her B 80T Nor Ut pf. 500 Iron Fireman alamazoo Stove. 100 Kats"Drog 52 100 Kellogg !hll:h 400 Lib-Mc & 200 Lincors Br- 50 Lincoin Print’ pf.. 100 Lion O1l Ref , ., 50 Loudon Pack c) Teen 2 300 wuboldx sum- : 700 Zenit] INSURANCE STOCKS June 26 (7. —New York Association El‘dl A<k'd NEW YORK. Security Dealers’ Aetna Cas (* Adtne 12 (16 Aetna Life (80)_ Agricultural (3) Am Ins Newark (121 Am Reinsur (22} Am Surety (1) Automobile (1) Bait Amer (1.10) c-rol.r;n o Hanover u «m Bome Fire Bec Home Tns (2101 Homestead (1) Llneuln Plre Ma: Natl pire Natl uberty (14) N Y Pire (+.15) .. Nor River 578 extras. VDecllrefl or psid COMMODITY PRICES NEW. YORK. June 26.—The Associated Press wholesaie price index of 20, basic commodities today advanced to 69.42. The previous day it was 69.14; a week' ago. s Jmonth afo. 7116, and & year A'fl "63.1 mnu vt recent nul Hisn 236, % 2lflb Much. 21518, 180 aa R E RUBBER—Futures closed easy. 10-14 lower; sales. No. 1, standard. 33 conti July. Septer ‘Sinokea " Fivbea’ s RAW HIDE—Putures closed firm. 12-20 September, 10.45b: December. 5-80: March. 11.08-14; June, 11.40n. Rio No. 7. 67: Cost and freight urbon 3s and extra 14-1/ a) crack double extra. S1 per cent seril 13-168. 1.3 b—Bid. n—Nominal. BALTIMORE STOCKS Special Dispatch to The Star. ] omazseis® fet e e et @mne FEE I NEW YORK, June 26 (P).-Retail collections on charge accounts in- creased .39 per cent during May, ac- cording to the 20 key-store index is- sued by the Credit Bureau of Greater New York. Commonwealth & Southern Corp.— Preferred share earnings, 12 months ended May 31, were $5.35 vs. $5.88, 4 RAIL OPERATING COMPANIES URGED = Frederick Prince Proposes Method to Avert U. S. Ownership. By the Assosiated Press. BOSTON, June 26—Frederick H. Prince, industrial leader and capital- ist, today saw a solution for major|§ problems of railroad financing and re- orgnaization and a means of averting Government ownership in the forma- CEICAGO LIVE STOCK. CAGO. June 28 (P (United St Denulmnn. of Asriculture) ~—rogs. 11 566 uding 4,000 direct: moderately activ - e 00-230 pounds. "9.3080 4 ounds. pounds, 8| 45 ‘) wood plcklngnlcw 790! tB | and cf 40-164 0 pounds. 7.00a and choice, 100-140 Ccalves, 1.500: liberal Tun betier ‘grade fed 'steers and long yearlings in stock: early trade somewhat delayed by heavy rains; market slow, feady Lo jStzons, but comparatively littis done, and, seneial underione sieady top 'eiglm steers, "60. lower " grades polmdl ; mon and medium. 550-1,300 pounds, 4.7/ 10.00; heifers. good and choice, 500-7 n ds. 810 mon tion of railroad operating companies. | 3’ These companies, he said, in a statement today, would be constituted with existing railroad officials in charge, would lease railroad corpora- o tions for 99 years and, after paying interest on working capital, would pay all earnings to the lessor. He pronounced this arrangement “the wisest means to provide the new working capital that all the roads re-| 3. quire from time to time.” Capital for the operating companies, Prince said, could be raised at “very low” interest rates, probably 31; or 4 per cent, because of the strength the | security would offer a first claim on net earnings. ‘The operating company plan, he said, would give officers of the operat- ing companies more liberty to make long or short operating contracts with connecting roads which would permit increased net earnings. “All roads today are only used to a small amount of their capacity, not over 20 per cent,” he explained. The . | operating officers could, therefore, unite their traffic over low-grade lines where advisable and employ Jointly the use of terminals to mutual ad- vantage.” —_ DIVIDENDS ANNOUNCED unxw YORK. June 26.—Dividends de- | clared (prepar jarea (o D’l ed by the Standard Sta- | Extra, e Stk of Pas- Cresson Cons Gold M~ 4 2 Golden Cyele Gorp_ 81,61 - b Increased. U 8 Smelting Accumulated. Bridgeport Mach pf Burdines $3.80 pf 83 Holly Sugar . Regular, All-Penn 0l Allied Chean & Dy’ s American Can___ American Tc pf __§1 Am Mot Ins (OBIj- Cons Cigar 77 of Consol Cisar " 3% or pf s ar Cresson € G MéM Crowell Publish pf Elec Household Uil Horn & Hardart (L o ) Horn & Hardart D ; ‘Hujlmlnn Ligotnier 70c conv pf_____ 7 000! 00! OO OO © © OO UL © O O OOOOOOOD e United Gas” I Am Light & Trac Cu Am Shmbullom ecia Min: Hercules Pdtr —— 19 Cni"Gas Li. & Goke bs 1637 Chi Northwest. 6iss 1036, Delaware Hudson 3135 19: Den & Rio Gr. 41as 1 Edison EI. Illum. u 1039 Gen. Grand Tr. Canada 6s 1 Great Northern Ry. 7s 19: Tiinols Central 671 1934 Intl. Tel & Tel 47 Lake Erie & Wes! Lehigh Valley Do 1 8s Louisville & Nash. 55 193 Michigan Central 45 1940 Chi. & St. L. 45 193 New York 1038 Ohio River R. R. 55 19: Penn-Dixie Ctmenl 6s nu—x.m uTnmss. YORK. June 26 (# —Net operat- ing income on rlflronds rlbortmi todu for May included: 935, Chi. & Nor!h"!ltrn Northern "Pacific 3-year Loans d " mediu ] cutter and® cutter. 3.0084.25: Bu lings _excluded), good lbet!v cutter. common and m xulen“ lnnd ana_choice k d feeder cattle: good -nu choice 00-1,050 pounds, £75 %00, Sheep.. 0.000: sgnnx “Tambs and year- lings rather slow bids and sales weak to lower; "bulk native Springs. 9.00 down: early ‘top. to cholce yeariings eligible, 2 and, ~above’ “askin aTound’ 6.50; mative ewes " steady, laughter sheep and lambs nd choice, 7.60a025; me= oice 3,807 ”w'f ”x"'x':d' $ il wels common_and_medium 250 LOANS AT 5% owntown teninllr-lulh‘ .lll- ent Toams "a0" 5105, A'Eeatonabie commis Tyler and Rutherford, Inc. 1520 “K” St. NW. Natl. 0475 THE MARYLAND FUND s quoted in this newspeper daify. Prospectes may be secured from your investment desler. 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 | Funds Available for CONSTRUCTION LOANS or LOANS ON IMPROVED PROPERTY Reasomable Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 Have Your Drinking Water COOLED To Order Westinghouse Wa- ter Coolers have the fam, B meti, are bottle and pres- sure types. FOR SALE OR RENT ELECTRIC WATER COOLERS First MorTGaGE Loans ‘Without % o Oon District of Columbia—Maryland—Virginia RESIDENTIAL axe BUSINESS PROPERTY " RANDALL H. HAGNER & COMPANY NcomPoRATED MonTases Loax co-.l—(ro-n-n! «’c’a%fiffifwmm é,""r‘"’}’ 1321 Connecticut Avenue N.W. Telephone: DEcatur 3600 Equitable Co-Operative Bldg. Ass'n ASSETS $6,492,976.24 anized 1879 JOHN JOY EDSON President 85th YEAR CO! 3 WALTER 8. PRATT. Jr.. Secretary Subscriptions for the 109th Issue of Stock Being Received Do You Desire a Loan —on Real Estate or to Take Up First Mortgage? FHOSE 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 Take 12 Years to 915 F St. N.W. Repay Your Loen Nat. 1741