Evening Star Newspaper, December 2, 1935, Page 17

CORPORATE BONDS TURN IRREGULAR Small Losses Well Scattered Through List—U. S. Bond Averages 20 10 10 _10 Rails, Indus. Util.For'n. Net change_ Unc. Une. Unc. —.3 Today, noon 84.0 101.3 68.9 84.0101.3 69.2 818 909 69.1 849 910 68.5 87.8101.4 0.4 764 922 65.5 894 929 0.0 T45 T3.T 60.2 1932 low._. 458 400 422 1928 high...101.1 98.9 102. 91005 10 Low-Yield Bonds. T'd'y.noon 109.3 Prev. day. 1093 Month ago 109.4 Year ago_107.5 1935 high. 110.7 1935 low. 107.9 1934 high_ 108.3 1934 low. 99.1 1928 high_ 1044 1932 low_ 8638 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, December 2—The eorporate bond market diphyed ir- regularity during late trading today. Losses of usually less than a point were well scattered among corgorate issues, especially railroads. United States Governments were generally on the offside. Among issues losing were Alleghany | 8s at 515%, St. Paul 5s at 14%, Erie 58 st 682 and New York Central 5s at 78. Higher prices were paid for Santa Fe 4s, Detroit Edison 4!%s, National Dairy 5Y%s and United Drug 5s. Declines in the Governmegt list| ranged from 1-32 to 3-32. ‘oreign | bonds were mixed. A drop of 3 points in German 5'2s to 2814 was a feature. Bonds of the St. Louis-Southwestern | Railroad, which were acutely weak | during the forenoon, extended their losses to as much as 15 points before | recovering lughtly. Washmgton Ex SALES. Potomac Electric 513% pfd—2 113%, 2 at 113, 1 at 1121, Washington Rwy. & Elec. pfd.—50 at 108. American Security & Trust Co.—10 at 200'2. (4 at AFTER CALL. Potomac Electric 6% pfd.—5 at 110%, 5 at 111. Mergenthaler Linotype—10 at 343, 10 at 35, 12 at 35. Bid and Asked Prices. BONDS. Pu‘suc UTILITY. c. Tel. o ! Gapital Tractien R. R. 58 Gity & Suburbun 55 Washington Gas 5s 1 ash. Gas Os, series B WIsh. Rwy. & Elec. 4s__ MISCELLANEOUS. Barber & Ross, Inc. 6%s_- §1 Chevy Chase Club Bk Cal. Goumry Club 5! M. Cold Storage 5s. 1 1949979 L] hy B By Riges D! B, Racors Washington Wash. Loan & American (12) Corcoran, (2.5 Columbia (.30) Real Estate (6) _. MISCELLANEOUS. Curpel Corp. (1.60)_— Lanston Monotype (4 enthaler Linotype. Merg Ilhl L BM % INVESTING COMPANIES NEW YORK. De_ember 2 (7. —New York Becurity Dealers’ Associa s anetations.) Bid. 14.59 l 13 et 322 332082k 3 32! £ - Ziszam 02198 s EiSEES;&' . 192 xi%g! Egii M PRt - Ei 2 i g 3 222221 B5EEEE R 3P EESHH ] g 323525522 Y ES SB3: FINANCIAL. BONDS ON N. Y. STOCK EXCHANGE High. Lew. 2:55. }N{ 104% By private wire direct to The Star, TREASURY. 2:58. —eme 10215 20212 10213 —mme 10217 20214 10216 - 10318 10314 lgg}g 9:52 ... 10312 10310 1 :a: };:6—45 - 10425 10423 104 25 3% s 1944-46 reg_. 104 20 104 20 104 20 3%e 1941-43 Mar 1075 1075 1075 33%s 1940-93June 1078 1078 1078 3%s1946-56. . 10828 10827 10827 48 1944-54 11020 11016 11020 l!‘.-llfl.llu—“ 1056 1052 1056 4348 1947-52 15 115 115 FEDERAL FARM MORTGAGE. 235194247 . 9931 9930 9930 381947 oeeeew- 1017 1016 1037 351949 .. 10024 10022 10224 HOME OWNERS” LOAN. 2%51939-49 .. 9915 9912 9913 331963 rmmme 10022 10018 10020 FOREIGN BONDS s o 255. 91‘ 3%s 1546-49. Abitibl Pa&Pw &8 ‘ll bt Argentine 6s ‘57 A. Argentine 6s 59 June Argentine 6s 59 Oct. Argentine 6s '60 Sept. Argentine 6s ‘60 Oct.. Argentine 6s ‘6] Febr 105% 91 106% 109 1167% Berlin Elec 68 55 Berlin Elec 6%s Berlin Elec 635 '59__ 29 32% Breda Ernesto 7s '54_ Brisbane 5s'57 Brisbane 6s ‘58 | Buenos A C6%s 55 | Buenos A 63 '61 st Py BuenosA6s'§1stPv.. Buigaria 7s '67 July coupon off____ i Bulgaria 7%s 68 May coupon off ___ Canada 4s '60 5T% 13% 13% 12% 12 105% 105% - 1001 100t5 113 112% 431 13% Chile 6561 Jan______ Chile 6. 61 Febr____. Chile 6s | Chile 65" | Chile 6s Chile 7s '42 Chile Mtg Bk 63 | Ghile Mtg Bk 68’57 | Chile Mtz Bk 65,561 Chilean Mun L 7s "60. | Colombi 6s 61 Oct... Copenhagen §s '52 Copenhagen T 6s '54.. Costa Rica 7s 51 A May coupon on Cuba 515845 Cuba 5%s'53 . | Cund'amarca 6 Denmark 4% Denmark 518 ‘55 Denmark 6s 42 Dominie 15t 51842 El Salvador s 48 ct_ Elec Pw Ger 6125850 Finland 6s 45 Finland 638 56 | F‘ranxlur( 53 French Gov Ts '49 French Gov 7%s "41_ Ger C Bk A 6560 Oct Ger Gov 54565 stpd. Ger Prov & City Bk con Ag 6%s '58 Ger Rep 7s 49 un st__ Grt Br & fr5%s 37 _ | Grt C E? Jap 618 '50 | Greek Gov 7s '64 . | Greek 7s'64 pt paid .. |Hansa SS 6589 ww__ Haitleas3 .0~ oo Hungary T1s'44 Febr couponon.._ Italy Ts 51 _ Ital Crd P W 7s 47 B. Japan 5%s8'65. | Japan 6145 54 Jugos Mtg Bk 7s 5T | unmat coupon. ... ! Kreu&Toll 55’59A cfs | Leipsiz 7s "47 | Lombard E17 | Medellin 61558 __ Mer1d Elec 7s 57 A__ Met Water 5%s 50 1 | Mex 45°10-"45 asst___ Mex Sf §s ‘45 asst Mex 6s'33 asst sm___ | Mex Ire 4,543 asst_ Milan 6%s 52 Minas Gers 6%4s Sept coupon oft | New So Wales 55 ‘58 Nord Ry 6%s '50 Norway 5s '63. Norway 6s "43_ Norway 6s ¢4.. Norway 6s 52 Norw Hy El 538’57 _ Norw Mun Bk 55°70... Nuremberg 6852 Oriental Dev 5%s '58. Oriental Dev 6s ‘53 Panama bs 63 | Panama 58’63 stp asd. Pernam 7s "47 Sep! coupon off-.... Peru 6s 60 16% 102% 102% 4 151% 151% e 102% 102% 107 107 106% 106% 105 105% 101% 102 4 102% 102% 264 26% 264 79% 79% T9% =3 ]R3 83 67 67 58% 5Tl %14 1214 % 104 92% 28% 109% 33 67 5T% 28 28 109% 109% et H 33 Rhine W El P 6s 53_. 324 Rhine W EI P s "56 . Rio de Jan 53 Rio de Jan 85 46 April coupon off ___. Aug coupon off Rio Gr do Sul 7s 66 May coupon off Rio Gr do Sul 7s 67 June coupon off___. Rome 6%s°52 Sacta F Arg 7s°62stp Sao Paulo C 8%s 57 May coupon off Sao Paulo St 7s 40 Sao Paulo St 8s “5 32% 631 12% July coupon off __ Saxon Pb W 6148 °51_ Saxon St Mtg 6158°46. Serbs 7s 62 unm ¢ o Serbs8s’62unmco.. Silesian Bk 6847 _ Silesia Prov 7s ‘58, Soissons 6s '3 Sydney 5%s 55 ‘Tokio 5%s "61 Tokio El Lt 6s " Uligawa B P Unterelb P&L 6, Un 8tI Wk 6%s°61 A Uruguay 6s 60 ... Uruguay 6s'64______ Uruguay 8s 46 Warsaw 7s Yokohama 6s 61 80% 8% 4% 32% 33 Alb Per W P 65'48ww Alleg Corp 68 44 Alleg Corp 68 ‘4! ‘Alleg Corp 58 ‘50 Alieg Corp 58 50 68 68 101% 101% el i) iii!iiiiiiisii 2 35 Armstreng C'k 4 A 1T&8 Fegn 9| A T&S Fead 4 Atianta & Bir 4s Atl&Ch AL 4%s 44, Atl &Ch A LGs 44 50 5. Bang&Aroos cv 48’51 Bang&Aroos 5s 43 Beil T of Pa bs '60 Beneficial L 6s Bor & Me 63 '67 Bos NY A L4s’ Bklyn Edis 5549 A Bkiyn Bdis 6552 B__ Bkiyn M T 65 49 A___ Bklyn M T 6s 68 A _ Bklyn QueensC& S con bs 41 stpd Bklyn Un Gas 5 054 Bkliyn Un Gas 5’50 . Brown Shoe 3% '50_ Bush Term cn s '65.. Bush T Bldg 5s '60 By-Prod Ck 51%s'45_. Calif Packing 6s'40._. Camag S 7s ‘42 ctfs_. Canada S0 68 '62 A __. Can'dian Nt R4s'51 Can’dian Nt R4145'66 Can’dian Nt R4358'57 Can'dian N §s'69July Can'dian Nt R 5s'70. Can'dian N db6%s'46 | San'dian ve dbssperp | Can'dian Pe 4348 "46 __ Can'dian Pe 4% '60_. Can’d'an Pc 5s 54 | Cent Br U 4548 Cent of Ga 15t 58 45_ 4 | Cent of Ga rf 5135 ‘59 Cent IIE& G 5s 51.. Cent N Eng ¢s '} Centof N J 458 Cent of N J gen 5587 Cent Pae 15t rf 48 '49 Cent Pae 5s '60 Cent Steel 8s *41 Cert'd deb 5%s Chesap Ccvcl 5 44 Chesap Corp 68 47 14% | 12% | 16% | Gen 63% | Iniand Stl 4% C&O4%s'%B . 5% | C& O con 6s 39 1 Chi B&Q 1 div 33549 |ChiB& Qgen 4558 |ChiB&Q4%® 1T ___ |Chi B&Qret 5s )» | Chi & K 111 58 51 | Cni & E 111 58 ‘51 ctfs | Chi Grt W 4s 59 Chi Ind & Louis 5847 Chil& L gen 53°66__ Chi 1 & L gen 6866 CM&StP ¢s 89 CM&StP gn 4% CM&StP 433 89 E___ CM&StP §s 75 2 CM&StP&P adj5e2000 Chi & NW gn 343587 Chi & NW gn 4s ‘87 _ Chi & NW gn 4s'87 st. Chi& NW 438 2037... Chi & NW 4%s 49 Chi & NW rf 55 2037_ C&NW Nr W 635836 Chi R 1&P rf & Chi R 1&P gn Chi R 1&P 4% Chi R 1&P 4%s Chi T H&s 1st 55 '60_ Chi Union Sta Chi Un Sta 4563 Chi& W i con Chilas & Co 55 4. Chile Cop deb 5s "47__ |CinGasEl4s 68 A __ Cin Un Ter 5s'57C CCC&StL rf 4% &'TTE OC&StL rf 5s 63D 73 | CCC&SEL rf 6841 C_ Clev Un Ter 438 “77_ Clev Un Ter bs 73 3 Clev Un Ter 6 tros 34 ColumbiaG & E 5352 May & Columbia G&E 5861 Comel Inv T 53%s 49 %| Conn REL 4%s51 stp Con as Chi 5536 | Det Edison 5s 62 } Dul & Ir Rg 5s 37 | kst Cuba S T4 37 |ET V& Gacn 6856 Eriecvis 53 A. Eriecv4s'53 B______ Eriesss¢ _______ Erie gen 4596 Erle ref 6s 67 | Erie ref 6s 75 Fed Lt & Tr 5542 st_ FlaEC Ry 4%s'59__ FlaEQRy5s'7¢ . Fla ECRy 58’74 cfs_ Gen Cable 5%s "47 Gen Pub Sve 5%s'39. GtN R ret uu 61 A Gt N Rgen4%s'76 D GtNRgen4%s'T7TE GtN R gen 5s'73C__. GIN R6%s'52 B GtNRgen7s'36 A_. Green Bay 55’62 B ___ Gulf M & N 5%s 50 _ Gulf Sta Stl 5% s 42 Houston 0il § Hudson Coal s ‘62 = Hud & Man inc 55 '57. Hud & Man ref 6s '51 Tl Bell Tel 3%8°70 . Il Cent coll tr 4s ‘53, 111 Cent ret 4s Il Cent 4% '66._ Il1 Cent 6%s 36 ICC&StL NO 4 %s ICC&StL NO 5s'63 IICStL&NOSs'51. 111 Steel deb 4%s 40 Inland SuU ¢%s 78 A_ $1B. Int RT 1strf bs 66 _ 1 RT Lst ref 8'66cfs. IntRT6s'32. IntR T 78°33_ IntRT 7832 Kings County El&Pw 6837 40% 56 9915 98Y% 1124 108 1024 108% 104% 52 103% 107% 93 93 101 105% 102% 8% ]02’6 71% 101 107% 103% 103% 90 88 66% 92% 91% 103% 62% 107% 104% 102% 102% - 106% - 111% 101% 1“ 113% 113% 122% 122% 84y 103% 100% M’Cro'y85%s'41 tiled. McKess & R 6%s 80 JManhat R 4590 _ Manhat R ¢s 90 ctfn_ Market St Ry 7s'40 & Met £d 18t rf 4145°68 Met Ed 1st rf s '53.. Mich Cent 3% 8 '53.. Mich Cent 45’40 ... Mich Cent 414879 Mil £ R&S L 6s 61.__. Ml E R&S L rf 6s 'T1 Mil Spa & N W 4547, Minn & SL 6s'34 cfs. MSLP&SSM cn 48 38. MStP&SSM cn 58 '38. MStP&SSM bs ‘38 gt MStP&SSM $%s"49__ Mo 115869 . . MoK & T 1st 45°90__. MoK &T4s 628 MOK&T4e%s 78.__. MoK&T6r 62A .. Mo K & T ad) 5s'67__ Mo Pac 3d ext 48 '38_. MO Pac 4876 - oome. A Mo Pac6s'T8G . Mo Pacbs S0 H _____ MoPac6s'311 ..o Mo Pac 5581 Letfs__ Mo Pac5%s 494 __ Mob & Ohio 438 7T Mob & Ohio 58 ‘38 . Mont Cent 63 '37___ Mont Pwr ref 58°43.. Mont Pwr5s 62 A Morris & Co ¢%s 39_ Mor & Eisx 3%s 2000 Mor & Esx 4168 55 Mor & Esx 53 55 Nassau Bl 4s 51 gtd.. Nat Acme 6542 .. Nat Dairy b8 48 __ NatDisPCalys 46 Nat Stee! 45 °6s Nat R M 1st4s’51 asst | Nat R M 415826 asst. % | 7 New Or T&M § l | NYCentsns97 ___ N ¥ Cent 3%s ‘97 reg. N ¥ Cent con 43°'98__ Cent rf 4358 3013 Crif4’%s2013n_. Cent ret 58 2013_ ¥ Centcv 6s 44 __. INYCLSB3%s 98 NY NY NY N Mg v 1 1 g Qe 2722222222 z27 SR Niag Sh 6%s 50 l Norf Solst rf5s'61cts Norf&W 1st 4s ‘96 | Norf So 1st ref 53 '61 | North Am Co 536 | North Am Ed | North Am Ed NornOT& L 6s'47_. | Nor Pac gen 38 2047... Nor Pac4s '97_______ Nor'n Pac 41;s 2047 | Nor'n Pac 55 2047 C.. Nor'n Pac 58 2047D._ | Nor Pac 682047 __. Nor'n St P 1st5s’41A_ | Nor'n St P 6s°41 B._. ¢ | Ogden L C 45 '4% | Ohto Pub Sve 7s 47__ ”' | Ore Sh Line 55 46 ____ 113Y% 109 109 107 In 57 104 9y 100 103% 85 18% 102 102% 108% 108% 104 104% 50% 517% 103% 108% 107 107 93 93 92% 92% 101 101 105 105% 102% 102% Th Th 841 84% 102% 102% lOZM 102% 66% 661 T44% Ta% 591 9% 96 101 107% 107% 1033 1033 103 103% 89% 89% 88 88 65% 66% 92% Ore W RR & N 4861 Otis Steel 63 ¢1_____ PacG&ESs™2_____ | Pac RR Mo 1st ll”l | Pac T&T ref 6s '52_ | Pac Tel 1st 63 '37 Paducah&Ill 412855 Pau-Am P C 6540 ct_. Par-B'way 5%s51___ Param’t Pic 6356 __ Park-Lx 6% '53 cf. Parmelee 6s 44 Penn Dixie C 6s Penn O &D 4148°77__ | Penn RR con 45’13 {Penn R R 4863 Penn RR con Penn RR gn C‘fil 65 Penn RR db 414870, Penn RR 55 64 Penn RR gen 8. Penn RR 6%5'36____ Penn P& L 4%s'81__ Peo G L&C 65 ‘43 Peoria & E in¢ 4s '90.. Pere Marq 41880 _ Phila B&W 4%s'81._ Phila Co 68’67 ... Phila El Co 4871 Phila & RC& 16573 Phila& RC & 1 6549 Philippine Ry 4537 . Pillsbury F1 M 6s '43. PCC&SHL 4%s'40 A__ PCC&StL 55 70 A. PCC&StL 6s 756 B Pitts&WVa 4% s'60C. Port A C&D 6553 A Port Gen El 4%5 60__ Port G B5s '35 assd__ Postal Tel & C 68 '63. Pressed 8t1C5s'23 PubS EI1 &G ¢s Pure Ofl 4% 8 '50 .. Purity Bak 6s'48 __. Reading Jer C 4s 51_. Reading R 4%3°97 A Rem-R 6% 847 A ww. Rep [&8t1 515863 A .. Republie St 4%s 50 Republic Stl 5%s "54_ Revere Cop&B 6s '48._ Richfleld Oil 6s '¢4 Richfield O cf! 92% | RG W 1st ex in 4539 90% 90% 103% 108% 62 107 107 104% 104% 102% 102% 102% 102% 106% 106% 111% 111% 101% 101% 5% 5% Rio G Wcol 4549 A_ Roch GEE 51848 __ R1A&L 1st4l%s 3¢ Rutland Can 4s°49 __ St L IM&S R&G 4s'33 SlLRIlPEl 56~ StL-S F4%sT8ct ot St -SF6s’50B St L-S P 62’50 Befs.. StLSWistés'sS_ StLSW2a4s'89 . StLSWgnrfbs’s0. 1st ter 5&°62. Seabd A-Fla6s'35Bet. HE "“.. - 105% 105% 105% . 110% 110% 110% 102% 102% 102% 1023 102% 102% 121% 121% 121% 72 12 72 88% 864 32% b TR i 106% 2815 112% 118% 101% 101% 105% 105% My 971 109 109 4 104% 104% 2 1054 105t 40% 40% 55% 56 874 38 34% 34y 46 46 s1 90% 91 104 104 104 101% 100% 101% 1041 104 104% - 1041 104% 104% 117% 1175 117% 108% 108% 105‘- 981 981 106% 106% 106"3 1144 114% 114% 100% 100% 106 105% 106% - 114% 114 114 9T 9% 112% 112% uz% 109% 109% 109% 102% 101% 102% IVIK 107% 107% 111% 111% 111% 1135 113% 113% . 113% 113% 113% 7% 13 4 % T% 5% 3% 73 T3% 1074 1074 107% 35 3% 4% 60 60 60 107% 107% 107% 106% 105% 106 100% 100% 100% 94l 94U 94k 106 105% 105% 104% 104% 104% 1043 1044 1043 111 110 110% 107% 107% 107% 108% 108% 108% 30% 30% 30% 30% 30 30% g B 77 37 35% 37 107 106% 106% 14% 14% 14% 60% 3 16% 14% 102 102 114% 114% 114% 80 80 80 9% 98% ™ 6% L PHMIPS RETIRES & 2000000 DEBT Head of Petroleum Firm De- clares Cash and Assets will be in excess of $3 per share after all reserves and charges for the year 1935." In 1934 the company earned $1.38 a share. Phillips said he felt conditions the oil industry were sound Firestone Earns $1.53 a Share Net In Twelve Months “mbuu.—“ iaries report for the fiscal year ended October 31 net profit"of $5,649,146, equivalent, after preferred dividend requirements, to $1.53 a share on 1~ 866,007 shares of common stock. This compares with , or T1 cents a share om 1,897,584 common shares in the preceding year. By the Assoctated Press. CHICAGO, December 1—0@“&- sd by evidence of persistent scantiness of Buropean demand for Canadian wheat, the Chicago wheat market to- day dragged lower. Speculative buyers of wheat held off pending word of some striking new development in BEuropean dipiomatic moves regarding Italy. A decrease of 932,000 bushels in the United States wheat visible supply total attracted only passing notice. Wheat closed weak, % to 1 cent under Saturday’s finish, May, 96%-12; and | cOrn unchanged to % lower, May, o i T TILh “Ei’zggss oH Pl £ ularly. Schacht’s speech on ll( | mpression and made a hwn-h he Boerse today. were steady on t closing was sustained. -‘ng' 8.16 . 8.0 inan, o 3; Switzeriand. onun.L 4487, Oreece. o'w d. 1% R5; Crechoslovakia. 4.14: um— -:9 Auu'h 1R.80n: Hungary. Argenting, S rm 74 hanzhal 20 nia. 0. Brllfl fi..’fll skone —— National Cash Register Co.—Com- pany obtained an order from Penn- sylvania State Liquor Board involving ””mm Wigh. Low. 5% 85 85% 1051 105% 51 51% 88 88 66% 66% 69 69 50 50 105% 105% 2:55. So Pac4%s'S1 So Pac Ore 41 So Pac S F Ter 4s " So Ry gen 45 56 A So Ry 6s 94 . 20% 20% 83 83 105 105 4 103% 103% 98 98% 104% 104% 103 1034 93 Tenn El Pw 65 47 A Term AsSt L 4s"53__ 1% 92 5T 58 23% 28% 91% 9% 104 104 UlElLll’i*l 54.. 106% 106 106% Un Pae Lst rf 43 2008. 105% 105% 105% Un Pac Ist 48°47. 111% 111 103 103 103 58%-%: oats, % -7 off, and provisions X 7 s 455 8 . b 3 No. 4 mixed, 5215 No. 4 yellow, 52%5a 54%: ocats, No. 2 white, 31, bright; Livervosi Grain Priees. December C\aedou RO e B85 e 85% 86 New York Cotton Low. Ay R51y 85 5% | L 9315 | % 921 | 4% 3s ! By the Associated Press. NEW YORK, December 2.—Cotton December crop figures next week. The price of March ranged from 1151 to 11.55 and was holding around 1153 at 2 o'clock, when the market ‘was net unchanged to 2 points higher. Liverpeol Quot Quetations. 3 (#).—Cotten, 12.000 bales, includinz 11,700 American Spot moderate business done: prices [ i.43; strict good ordinary, Pv.lure.l closed qui ACH { !nod ordlmr! ©30: ey, 0. —_——— ‘|NEW YORK BANK STOCKS 8. 325308 -- gouc FEERE 3 2t wyers’ County _ Manufacturers New York Tru+ Title Guaranty & Trusi_- e FEDERAL LAND BANKS NEW YORK. December 2 (P.—Federal Land Bank bonds ©’Clock.) (Quotations as of 2 EE 11 10% .. ERERET XFEP CHICAGO LIVE STOCK. CHICAGO, December 2 (P (United Department of Agriculture), —lnu. including 11,000 _direct: 111% | most 1055, 105% 105% | D75 Unit Biscuit 5s'§0 .. 106% 106% 106% Univ Pipe & R 6536 Utah L& T6s"44 A__ Utan P& L 6s"44._ . Util P & L 63 '59 ww_ Ul P&L5%a 4T Vanadium v 6341 _ VerSug 1sts 42cfs 9% 9% 2 A 111% 111% 111% 26 Wabash 65 80 D. ceue Wabash 1st 65 '39___. Wabash 2a 58°39____ 824 Wabash 514376 ‘Wabash Des M 45°39- Walworth 6s 45 A .. Walworth 63 46 cfs__ Warner Bros cv 6s ‘39 Warner-Quin 6339 .. Warren Brev és ¢l W PaPlstés'63E__ W Sh 1st 45 2061 gtd._ West'n Md 1st 48 52, West'n Md 5%s'77__. 1043, 104% 104% West'nPacss 46 A__ 34% 34% 34% West'n Pac6s46Aas. 34 33% 34 West'n Un ¢3%s '50... 101% 101% 101% 103% 102% 103% 102% 10234 102% 108% 103% 103% 39 120 8 14% 14% 14% 12 12% 12% 9% 99% 99% 101% 101% 101% 101% 101% 101% Youngtn S&T §5°10B. Youngtn S&T 5s'TS8A. 5% FIRST 5%% TRUST LOANS Long’ term loans at lowest rates for refinancing. Construction loans for 3 years. BOSS & PHELPS MORTGAGE CO. John Hancock Mutusl Life Ins. Co. 1417 K 8 W, NA. 9300. stead: 274 g\llk eovl, 9.00a9.2. Cattle, 21.000; calves, choice to steers very 3 | on sueh k: ward' I Official estimated recelpts for tom morrow: Cattle, 7,000; hogs, 22.000; sheep, 10,000. BURLEY PRICES STEADY. LEXINGTON, Ky., December 2 (#). —Sales of the 1935 burley tobacco crop on the world's largest loose-leaf market got under way hfie My thl RE-FINANCING EXPIRING -TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED als Tiosthis Faymeate P —wheat | March. | October, 806 i o FINANCIAL REMAINS SHLENT ON“COTTONBELT” St. Louis-Southwestern Chief Refuses to Discuss Finance Plans. By the Associateg Press. NEW YORK, December 2.—Daniel Upthegrove, president of St. Louis- Southwestern , today declined to comment on the financial situation confronting the company pending a meeting of the Board of Directors to- morrow afternoon. He said that earnings of the line for the past month have held up well, with cotton, lumber and automobile prod- ucts moving. in substantial amounts. The president and several of the di-| rectors met informally in the offices of the Southern Pacific Co. today, but no statement was issued as to the matters discussed. Sharp dectines in bonds of the com- pany early today focused attention on the financial situation facing the Cot- ton Belt on January 1. | In early transactions on the New | York Stock Exchange the road’s 5 per | cent bonds of 1962 fell more than $80 | per $1,000 face value to around “ul while the refunding 5s of 1990 showed | an equal loss at slightly under 3400. The first and second mortgage 4s of | 1989 yielded $30.87 and $25, respec- | -3 | tively, to around $760 and $580. [ The road, kmown as the “Cotton Belt,” is controlled by the Southern | Pacific Co., which owns a lu.bunzhl‘ majority of its common and preferred stocks. | It has $17,800,000 due to the Reconstruction 4 Pinance Corp., which were recently extended for a three-month period from December 1. The interest payments due January 1 total about $490,000, involving the | second. mortgage 4s, the first terminal | and unifying gold 5s and general and refunding mortgage 5s. PHILADELPHIA PRODUCE. HIA December 3 om— Beks, S old roosters. dry packed. | ducks, Western and Mary- | NEW YORK PRODUCE. NEW_YORK. December 2 i# —Butter. 9. a han dards and commercial firsts. 26a%7: dirt nds 247 remnnwu ndards, 24 firs! sian, a21%; m!dlw. 21 onds ke, 18a10. | Terms from MoRTGASE Loaw DoYouDe NEW LUMBER ORDERS UP SHARPLY IN WEEK By the Associated Press. NEW YORK, December 2.—New orders booked at hnmber mills during the week ended November 23 increased nearly 5 per cent over the previous week, the National Lumber Manu- facturers’ Association reported today. Production of reporting mills was 1 per cent higher, while shipments were down 7 per cent. In comparison with the corresponding week last year production gained 45 per cent, new business 35 per cent and shipments 21 per cent. Folecchusetts ] Investors Trust Prospectus on Request Real Estate Loans In the Distriet of Columbia and Nearby Maryiand and Virginia. W nzAE’tons Loan Correspondent Metropolitan Life Insurance Company Washington Bids. DI 9486 loans of approximately & First Mortgage CONSTRUCTIO LOANS and LOANS ON IMPROVED PROPERTY in the District of Columl Nearby Maryland and Virginia 5'2% Prompt Action B. F. SAUL CO. | 925 15th Street Natl. 2100 ‘! 1 FiRstT MORTGAGE L OANS District of Columbia, Nearby Maryland and Virginia 5% 3 to 15 years RANDALL H.HAGNER & COMPAL L INCORPORATED N ik G Sosarcace Gompiony 1321 Connecticut Avenue N.W. Telephone: DE catur 3600 EQUITABLE CO-OPERATIV E B UILDING ASSOCIATION 915 F STREET N.W., Organized 1879 sirealoan —onm Real Estate or to Take Up First Mortgage? desiring money to purchase a home, refinance prescut l indsotedness or improve property should consult us. Applica- tions will receive prompt and courteous attention. Loans Repayable Monthly Interest Charged Only em Unpaid Balance of Primeipal LONG TERM Mortgage Loans 5% Monthly Payments of $6.60 on each $1,000 borrowed, include interest and pay off loan in 20 years. © Interest charged only on unpaid balance of principal. ® Amount loaned—up to 60% of appraised value. ® Valuable prepayment privi- leges. Other plans of financing first mortgage loans available H. L. RUST . COMPANY