Evening Star Newspaper, July 12, 1935, Page 17

CURB LIST TAKES UNEVEN COURSE Utilities and Metals Help Steady Market—0ils Continue to Sag. By the Assoctated Press. NEW YORK, July 12—Curb mar- ket stocks steadied up toward the close today when a better demand appeared for utilities and mining shares. Oil stocks, however, continued back- ward and leaders in this group closed lower. . Trading was moderately active. FOREIGN MARKETS. By the Associated Press. LONDON.—Trading on the stock ex: change developed the usual week Ghimess and Jeallzing caused Industriais and gilt-edged securities to ease. Cour- taulds shares were weak on the disap- pointing dividend. Gold mining issues were firm on Johannesburg buying. The closing tone was easy. PARIS —Optimism in financial circles that order will be maintained on Bastille day caused prices on the Bourse to ad- vance with rentes. coals. metals. chemical and bank shares showing gains. The market closed firm BERLIN.—Truding on the Boerse was very dull and business was small. The close was weaker. BONDS ON THE CURB MARKET. DOMESTIC BONDS. High. Low. Close. Abbott’s Dair 6s ~104 104" Lod Alabama Pw 4las By B7la BTl 1043 104% 1043 100% 100 -~ 100 190 100 93 93% Alabama ‘Pow 5s Alabama Pow 5s ' Alabama Pow 5s Alabama Pow 5s 210512 105% 105% 10813 10813 1084, 55 97129012 " 08% Asso E1 Ind 4%as 84 50 Asso GEE s 4 Bell Tel Can Brmngm El 4 75 B xx, 1061 1061 10650 111% 111% 111% = 1‘“011. 10134 1013 Cent TNl PS 4 Cent 1il PS ss Gk Cen Iil PS4 Cent Me P 0 A Chi Pneu T 5as Cin St R 5125 A ° Gities Service t Srv PL 815 1»‘» Clev El 11 65 B Edis 106 107 73 Tis o 0K3p 1083 102 Consm ‘Pow 4 Consm_Power 35 Cont G&E 5s Crucible Steel 55 Cudahy Pk Cum C NEW YORK CURB MARKET QUOTATIONS By private wire direct to The Star. Stock and Dividend Rate. A Agfa Ansco Air Invev pf Ala Pwr pf (7) - Allied Mills(a26¢c) 50 Alum’n Co of Am 7508 Alum'n pf (1%) . 1008 Am Ct P&L A (3) 3008 Am Citles PRLB. 23 Am Cynam(40c)B Am Equities Amé&For Pw war.. Am Founders 1st pf (B) Am Founders 1stpf D - Am Gas&E ( 28% Am G&E pf (6) i 225- lOGM 106!6 106% Am Inv Inc 3% Am Lnundry(lflfl) 3001 Am Lt&Tr (1.20). 1 Am Maracaibo __ 6 Am Potash & Ch-.100s Am Superpower . 29 Angostura (120c) 3 Appalachan Elec Pwrpf (7). .... 508 Ark Nat Gas A 40 Armstr Cork(50¢) 7 AssoG& E (A) 5 Atlas Corp Atlas Corp war 1 Atlas Cor pf A @3 1 Ax-Fisher(3.20)A 1208 Babcock&W (40c) 258 Bellanca Aircraft. 20 Blue Ridge pf (3). Bower Roll B (1) Brill Corp A Brown Forman Buf N& EPpt 11.60) - Buffalo Niag & Eastp 1st pf(5) 100s Bunker Hill&Sul 350s Butler Bros - Can Indus Alco A. Can Indus Alco B Can Marconi - Carib Syndicat Carrier Corp Catalin Corp Celluloid Corp- Celluloid Corp pf. Cent Hudson G & E ctfs (80c) C P&L 7% pf $1% Cent States Elec.. Cent b!d!el Elec 1% p Cemrifugnl!’(wc) Charis Corp (1%) Chi Riv&M (1%)- Chulds Co pt Cities Service Cities Service p: Cities Service B._. Clev Elec Illu (2)- Clev Tractor Colon Oil. - - Columbia Gas & Eleccv pt (5) . 1005 Com'with Ed (4)-. Com’with&S war.. Coma Mines Community P & L 1st pf Compo Shoe Mach s.t.c.(50¢) Consol Afrcraft._. Cons Copper ___. \5‘/. 1% lfl% 11% k) 16% 1% 5% 16% 11% 16% 1% 1% 23 ~aoaro o @ 2. & o Cooper Bessemer._ Cooper Bess pf A_ Cord Corp | Corroon & Rpf A | Crane & Co | Creole Petroleum. Crocker Wheeler Croft Brewing . Crwn Ck In A(t1) | Cueno Press(1.20) 3 | Cusi-Mexicana M. | Darby Petr (50c) Distil C Ltd a27.3¢ Distillers C-Seagr Distilled Liquors. , | Doehler Die Cast | Dow Chemical (2) | Driver Harris (1) | Duke Power (3)__ | Duval Tex Sulph | Eugle Pitcher Ltd Eastn G&F Asso Eastn G&FpLA(6) 1758 | Eastn G&F | prof(4%) . 1258 33, | Eastn States Pw.. 1 Eisler Elec Corp.. 1 4 | Elec Bond&Share_ 78 i 2% 1004 = nn*. m 1% 103% = Ya Z 108 lnn.un “ 1033, 105% 1033% 0% 90t X134 O&R Blas Faironks Mor_5s Federal Wt 5158 5. Pirestone CM 53 '4% Elec Bd&Sh pf (5) Elec Bd&Sh pf (6) Elec Sharehold'g - El Pwr Assoclates Elec Share pf ww 100: Emp P part(350c) 38 Emsco Der'’k a50c. 1 | Equity Corp - * | European Elec 1 IE /A | Ltd bd rts 1)“ Hfl ‘. ” e 90% 35:5 901% 0% o715 07 " a0y, 09 80 1032 101 1043 88 " Tamia a7 114%1”'5 114% B0y z 32" 58 '58. ew Eng GAE 58 '4 n flfl o Ent 24 ] oy 4 BS LG fe & Y S +4 B2 B & 102% 10914 10934 ‘ln'\‘/z 13"/! l“"“: 6 8 108 108 108 100 100 10 9415 031y Fl‘? 10844 108V 10681, 1074 1071 1071 l 3 :z 10‘1'2 33% 1057% 1087 1057% 1084 106% 1081 o 107%/. A Phll Elec 5'%s Pitts Sue? 6s | Ex-Cell-O A&Tool Fairchild Aviat'n Falstaff Brewery. | Fanny F C (50¢) . Ferro knam (60c) #isk Rubver __. Flintkote (1) A Ford Mot (Can) (%) A | Ford Mot (Can) B(1%) Ford Mot Ltd @1%0c)) Foundation(For) .. Froedtert Gr & M conv pt (1.20) __100s Garlock Pack (1)- 1 Gen Elec Ltd reg (b30%c) . ___. 2 14 Gen Pub Svepf _. 10s 52% Gen T&R pf A(6) 100s 93% Georgia Pw pf(6) 26s 81 Glen Alden C (t1) 11 17% (élohe Under (50c) 6 10 orham pf ww___ 508 14! Great Atl & Pac i 1 Tean-v (16)-.. 110s 183 Great Atl & Pac e Tea 1st pf (7). 508127% 1: Great Northern e 16% 2% LG &C s '478 mat 13 s.n An_ Pi , n. ‘n“‘s B gs-- 103}2 g:nv.ue 2 o SOSM=EON Y £ St T FPETTEGES S b ot Tt 8up of il 444s '70 Teon El Pow'8s 5 Texas Heck s 0. Texas Gattor e SRESRS o e .. 8838&325&282833:3;’3}(!3& et FRE RS AR () it * FERE 8E2 pesace BORSRRRE 68 '44__ Z West Pen‘l; 58 2030 2 Yok Ry §s 'sf FOREIGN BONDS. Baden Gfln M 7l .. og MB 7s 47, M, ¢ P SocSSae, Se2e32 Fk oy 9 FEERS SRR 3BSoR3S8R RESSEIASR .. B OREEF - hon 'Jn!ndc ww—Wi arrants. n—Wl at it warrants. ssued. ;Kfi:?_lflh impaired Xfl“m | Intl Petr (11%) _ FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, FRIDAY, JULY 12, 1935. 3 *vs A_I7 —_— . FINANCIAL. e e e A !took and Sales— idend Rate. Add 00. Illli Low. L'flnloi Dividend Rate. Add 00. High. Low. Gm Strpr vte. - Gulf Ofl of Pa Happiness Candy. Haszeltine Corp(1) Hamilton G vt(r)- Hecla Min (al0c) Hires (CE)A(2) Hollinger G(t66c) W- 2% Hormel(GA) & Co 1001 Hudson Bay M&S 39 Humble O11 (1) .. Imp Ch I (a20%c) l Imp Oil Ltd coupon (160c) . 24 Indian Territory Mum Oil (B)-.. 1 Insurance Co of North Am (2).. 38 Intl Hydro Elec System cv pf __1758 Intl Mining(a30c) ]: Interstate Power (Del) pf . 80s Irving Air C (40c) 4 Jersey Central P&L pf (6).. . 10l Jonas & Nau . Jones&Laugh stl ’l5l Kirby Petr (al0c) 1 Klein (DE)(t1)_. 6 Knott Corp Lake Shore M(t2) Lerner Stores (2). Libby McNeill&L Lone Star Gas 30c Long Island Light Long Island Light of A (7) Long Island Light ot B (6) =g Louisiana L&Ex Maryl'd Casualty. Merritt Chap & S_ Merritt Chap & Scottpf A ... Middle States Petrol vte A.... Middle States Petrol vte B ___ Middle W Ut (d) .. Mock Jud Voe (1). Mohawk Hudson 1stpf (4) - . 50s Mohawk H 2d pf..126s Molybdenum . Moody’s Inv Svo Pt pf (3) . Mount Prod (60¢c) Mount State Tel & Tel (8).. 108119% 67% 29 1% 26% L 119% 119% Stock and Sales— . Close. Murphy Co pf (8). 50s 114% 114% 114% Nat Bella Hess Nat Bd&Sh (11) Nat Fuel Gas (1).. Nehi Corp . Newm Min (al1) . NY&For'né%% pf N Y & Hond (11) . N Y Transit (30c) Niag Hud Pw .. Niagara Hudson Pw (A) war Niag ShMd B . Niles-Bem-Pond.. Nipissing: North Am L&P __ Nor Am Util Sec._.. Northn Ind Pub Sve 6% pf (3) .- Northern States Power (A)._ Northwest Eng.. Novadel Ag (2)-. Ohio Brass B (al) ©Ohio Oil cu pf (6). Pacific Eastern__. 2 PacificG& E istpf (1%) . - Pac Light'g pt (6) Pacific Public Sve pf ($20c). 4 Pac Tin spec (1) .. Glll Pan-Am Afr (1) Pantapec Ol ___ la Parke Davis (11)_ Parker Rust P(3) 260; Pennroad Corp... 9 Penn W&P (3) . 1 Pepperell Mfg(6). 90s Pie Baker (ab5c) . 5 Pioneer Gold Mines Ltd (80c) SR Pitney Bo P (20c) 2 Pitts Forge il Pitts& L E (2%). 10s Pitts Plate G(12). 4 Potrero Sugar _. 5 Powdrell & Alex (a25c) 1 Premier Gold(12¢) 2 Prop'ties Real vtc 1608 Prudential Invest 24 Puget Sound Pw & Lt $5 pf —e- 268 Pyrene MfgCo . 9 1% 1% 35% 17% 1% 30% 9 13% 11% 21% 13% 11% 21% 68 26 25 1105% 105% 105% 2% 2% 2 2T% 2T% 258100% 100% 100% 15% 15% 33% 38 1% 2% 31% 3 1% 36 17% 1% W 30% 9 % 4 49% 11 52% 3% 7 Y% 5% 22% 2% % 3% 62 13% 11% 21% 25 2% 27% 15% 33% 38% 1% 46 62% 2% 3% 67 12 1% 15% T 31% 3% | QuakerOats pf(6) 108145 145 145 Stock and Sales— TRADE ADVANCES Dividend Rate. Add 00. High. Low. Close. Rwy&Lt Secur...200s 14 14 Reybarn Co il 3 Reynolds Invest__ 4 % Rice StixDG (2). 1 9 Royal Typewriter 18 21% 20 Ruberoid Co (1).. 2258 61% 60 St RegisPaper... 1 1% 1% Salt Creek P(80c). 2 17 6% Selected Indus 1 1% 1% Shattuck Den Min 1 2% 24 Shenandoah pf 3 18% 18% Sherwin-Wil (3)_ Shewin-W pf(6).. Sonotone Corp ... 1 South Am Gold & Plat (40c) . Southn Calif Edis PfA (%) e Southn Calif Ed pfB (1%) Southn Calit Edis PprC(1%) 5 Sou'land R(120¢)_ Square Deal (B) .. Stand Ofl Ky (t1) Stand O1l Ohio__ _. Stand Oil O pf (5) Stand Silver & L... Steel Co Can (11%) Stein(A)& Co(l). Sunray Oil . _ Sunshine M(1.20)- Swift Intl (2) Swiss Oil (40¢) ‘Technicolor Inc . Teck Hughes(40c) Texas Gulf Prod ... Tobacco & Allied Stocks(al4) 100s Tobacco Secur Ltd (8193-10¢) ... 1 20 ‘Tobacco Secur Ltd def (b17%c) Tonopah Belmont Trans-Lux Daylite Pic Sn (20¢) Tubize Chatil A Tung-Sol Lamp-_. Unit Air war _____ Unit Chemical % 1% M 4 22 - 222 Unit Gas Cor 16 Unit Gas Corp pf- 10 Unit Lt&Pw (A)_. 1 Unit Lt&Pw B 1 1 Unit Lt&Pwpf . 11 8 Unit Shoe Mach (12%) - 1008 83% Unit Shoe Mach Pt (1%)..____ 1208 40 40 14 3 % 9 21% 61% % 1% 2% 18% 3 100% 100% 100% 105 109% 109% lom % 83% | Annus ON BROAD FRONT % | Wholesale Markets Spurred as Fall Buying Makes Auspicious Start. By the Associated Press. NEW YORK, July 12.—A recovery in the uniform upward movement of trade this week was reported today by Dun & Bradstreet in its weekly business review. “Previous gains In retail distribu- tion,” the review sald, “were more strongly emphasized, with the com- parative showings of a year ago ex- ceeded by unexpectedly large per- centages, while the recovery in whole- sale markets was marked, as Fall buying made an auspicious start, “After allowing for the usual sea- sonal factors, which thus far have a: U 8 Foll (60¢c) B__. U S & Intl Secur . U 8 & Intl Secur 1st pf ww Unit Verde E 40c_ Univ Insurance _ Utilities P&L Utilities P&L pf 100s Venezuela Petrol 41 Wuco Afreraft 6 Waitt & Bond (A) | Walker (Hiram)_ 9 Walker Mining .. Wenden Copper W Va Coal&Coke_ Western Auto Supply (3) A 1008 5 Woodley Pet(20c) 1 Wright Harg t40c 25 ™ Yukon Gold 59 1% Dividend rates in dollars based on the iast quarterly or semi-annual payments rate—plus extra. iA:l:umnhufl dividends. aPaid this year. bPaid last year. dCompanies reported in receiver- *hip or being reorganized. xEx dividend. 13% % 12% 1% 13% % 50 4% FINANCIAL fected only a restricted industrial sec- tor, mani operations gave more numerous indications of no drastic Summer recession. * * * “In spite of the fact that final fig- ures on retail distribution for June revealed larger increases than were in prospect at midmonth, the trend of sales thus far in July has been strongly upward.” Expanding consumer buying of Summer merchandise and vacation requirements was found in nearly all parts of the country. “The increase in sales over the comparative week of July, 1934, ran as high as 40 to 50 per cent in some districts, with the conservative esti- mate for the country set at 10 to 30 per cent,” the review stated. The volume of business in whole- sale markets was reported the largest since March. “Strengthened by more confidence in the future, retailers have started | to place Fall orders generously and in some cases have made commit- ments farther ahead than usual,” the review said. - SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co er Allis-Chaimers Co. B, 1937 101% Beet Sugar 65 1940. Am. 'lel Tel. 5%s 1943, 3 ATartic Refning 85 1037 T% Bethlenem Steel 5s 1036 as Chi. Northwest. 61 Delaware Hudson 5 Rio Gr 4%s 1936__ Illirols Central 6l4s Intl Tel & 1",5151‘&! 939, 66% West N. Y. & Pa. 55 1937_ 105% DIVIDENDS ANNOUNCED NEW YORK, July 12 flc.;"d 'nrennefl by the !Llnmd lnl‘l:- . Pay- . able. 35 tors __ 10 Courtaulds. Ltd, ord_ - or or Dividend 8 Fidelity (Maryland) Pore!lrn Bond Associ- ates Klnnll | Natlonal_Stee rB Royal Dutch. bearer (1 mmfl»“'l‘-.% —~ Rozal Dutch. N San Carlos Milll K Case 7% cum General Baking. U. S. TREASURY POSITION. By the Associated Press The position of the Treasury on July 10 yas: Recelpts. $122.117.524; expenditures, | $103.131.068: balance. $1.521.732 287; | customs receipts for the month. $5.600.- | Recelpts for the fiscal year (since July 523675, (expenditures. 8414 - s1 437 of emer- T excens of expendi- fires £330 255 145 gross debt. 825,67 | 735673, an increase of $22.013.665 over the previous davi sold assels.’ $0.123.- —— METAL MARKET. N YORK. July 12 (.—Copper steady: electrolytic spot and future, &0 export. 7.62%2a70: Un. _easy; nearby 52.10: futures 51 unchanged: le East St mms spot inum.” 19.01 0 MONEY MARKET. NEW YORK. July 12 (£ —Call m: steady: Yo per cent all day Time loans steady: 60-90 davs % offered: 4-6 months Y offered Prime commercial acceptanc:« unchanged. ~Redjiscount me. New Yorv Reserve Bank. 1'2 per cent. 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