Evening Star Newspaper, June 19, 1936, Page 17

FINANCIAL. CURBLIST MOVES TOLOWER LEVELS Downward Swirgs Widen in Most Groups Near Day’s Close. 25 the Associated Press. NEW YORK, June 19.—Swings wid- ened in the final hour of today's curb market trading with the major portion of the list finishing in lower ground. Axton Fisher “A” reacted 2'; points at 46 and Gulf Oil declined 1% at 80%;. Pittsburgh & Lake Erie also Wwas under pressure and closed at 813, off 135. Standard Oil of Ohio moved decis- ively egainst the general trend, gain- ing 2 full points to 28!2. Wayne Pump, another of the small group of gainers, moved up 1% at 344 on pub- lication of & good six months’ earnings report. STATEMENT IS ISSUED BY NEW YORK RESERVE EV the Assoctated Press. NEW YORK, June 19.—Statement of condition of the Federal Reserve Bank of New York at the close of business June 17 shows: Gold certificates on_hand and due from U. 8. Treasury _ 3.011.866.000 3,086.486,000 ment obligations _ Total bills discounted _ Bills bought in open ma Industrial_ advances . 8. Government se- ms notes in lctull circu- lation Tum debomu ’U of ecerves to deposit an Federal Besetve note Nabilities cambmed, 83 per cent. BONDS ON THE CURB MARKET. DOMESTIC BONDS. Alsbama Bw 45567 Alabama Pow 55 |46 ma Pow 5s *51 Alabama Pow 35 Gatineau Pw 5s Gatineau Pw fis 5s H Koppers & &C5se Lehigh P S 65 20: | Emp G&k 6% bt THE EVENING STAR, WASHINGTON‘ D. C, INEW YORK CURB MARKET By private wire direct % The Star. Stock snd Sales— Dividend Rate. Add 00. High. Low. Close. Aero Supply (A)- Aero Supply (B).. Alr Investors Ino. Ala Pwr pf (). Alum'n Coof Am. Aluminum Co of Am pf (1%). Am Beverage. Am Capital (B) Am City P&L (B). Am Cynam B 60c. Am & For Pw ww. 1 l 24 U4 24 Stock and Sales— ms 16 4% 4% 4% | Long Island Light 17 1 2% 2% 2% | Long island Light 1% !2 '40\‘ 150s111 111 5 8% 8% Am Hard Rubber. 400s Am Lt&Tr (1.20). 3 Am Maracatbo.... 34 Am Meter Co 3 Am Superpower.. 16 Am Superpwrpf.. 3 Anchor Post (d).. Angostura (20¢) Apex Elec Mfg. Ark Nat Gas Ark Nat G o Ark Nat Gas cu pf Asso Elec Ind Ltd (a29 7-10c) AssoG&R. . As30G & B (A AssoG & E $5 of Asso Invest(t1% )20 Atl Coast Fisher_ Atlas Corp (a40c). Atlas Corp war. Austin Silver. Ax-Fisher(3.20)A Bellanca Afrcraft. Benson & Hedges.. Bickfords Ine (1). Blue Ridge Corp _ Bower Roll B (1) Braz T.Lt&P a30c British-Am Ol coupon (80¢) . Brit-Am Tob cou B (a55%c) Brown-Co pt Brown Forman Buffalo Niagara & Estpt 18t pf(5) Burma Ltd (a12 9-10c). Butler Bros Cable El Prod-vte Can Indus Aleo A. Can Marconi. - ComTaowa wSmwE- e S . § O - 1 2008 5 Catalin Corp 3 21% 12% 244 2% 9". 508 106% T 1% 3 11% lfi‘u 1 1% 3 6% 64 64 6 asv. aau 88“ am Mining Co (Can) - 39'% 106% 106% 2% 11% Celanese pr pf (7) 25s 109% 109% Central Pwr & Lt 7% pf (3%)__. T58 Cent&SWUtl__ 1 Cent States Elec.. 9 Centra) States Electric 7% pf_ 758 Centril Pipe (40c) Childs Co pt Cities Sve Pwr & Light $6 pf City Aut Stpg 60c Clev Elec [1lu (2) Clev Tractor _ Colon Of1 (4) ._ Coiumbia Gas & Elev ev pf (5) Columb Oil & Gas Com’'with Ed (4) Com'with & § war Community PL 1stpf _ Communl!y wats Como Mines Compo Shoe Mach ste (50c) Consol Atrcraft Cons Copper __. Censol Gas of Balto (360) ... Cons Retal) St___.. Corroon & Reyn _ Corroon & R pf A. Cosden O1l Me (d) Crane & Co Creole Pet (b20c). Crocker Wheeler . Croft Brewing .. LCrown Cent Petr. Crown Drugallc Crown Drug pf 1%100s Cuban Tob vte Cueno Press(1.20) Dennison 1% pf Detroit Gray iron Foundry (2Uc) Dictograph(alsc) 1508 1 2 2 10 6 39 5608 3 30 - 1T | Distilied Liqu Loenler Die Cast Dow Chemical (2) | Duval Tex Sulph. Eagle Picher Lead (al0c) Eastn G&k Asso kasy Washing Mach B (150) _ | Econom G Saz5c 400s Eisler klec Corp 2 Elec Bond&Share 141 Elec Bd&Sh pf(d) 1 ‘Elec BA&Sh pfi6) | El Pwr Asso (A)- 2 El Pwr Assoctates 1 3 Elec Sharenold Df ww (33) 508 Elgin Nat W a7sc 258 Emp Dis Elec pt. 100s 75 | Bmp G&F 6% %pt 268 1 ois },,;,, 04 104 3 1002 10ss 1«1!212m‘ 'n ;, i ....-.m.- 3030 e e Neisner Bros 6s Nevade Calif 3s Fith Eles 57 Phila R Tr <= ° EerdTav Q, 23 71 10434 10434 10434 cod 7RY gA T s 24>, e S £ T 103% 103% 103% York Rwy 55 '37______ 103% 103% L POREIGN BONDS. Buen A P 7lis '47 st 72 Cen"8' Ger 65 A Ercole M 6'as Ger Con Mun 6: jer Con Mun 7 :lrco Hyd E Mendoz Pr 4s .S ctf N C I A Terni S0 6las A '33 Un IniC HE 6s '45 _ RAILBOAD INCOME. NEW YORK. June 10 4%—Rl|]mndl‘ reporting today net operating in- €ome (before flnu ch-nes and other in- eome) included: o Kansas City Southern_ 1"96 384 $90,690 A kmp G&F 7% ot 1508 Emsco Derrick(1) 3 Equity Corp European Electric Ltd bdris Ex-Cel-U A&Tool Ferro Enamel (1) Kisk Kubber Fisk Rubber pt___ Flintkote Co (1).. FlaP&Lpt Ford Motor (Can) A (af75c).. Ford Motor (Can) B (a7 Ford Motor Ltd (18 1-10¢c) Froedtert Gr& M ev pt (1.20) Gen Electric Ltd reg (b31%c) Gen Firep't (40c). Gen invest Corp. Gen Out Adv pt Gen Tel (azbe). Gen Tire & Rub__ Georgia Fw pf(6) 258 Glen AldenC(1). 6 Great Atl & Pac Tea n-v (16) .__ Great Northern 11 4 2 758 7 50s 1 9 100s 5 2 13 1258 Guardian Invest_. Gulf Ofl (1).___.. Hall Lamp (a10e) Hartman Tob___. Harvard Brewery. Hecla Min (60c).. Hollinger G(1656¢) Horn&Hard(1.60) Hudson BM&S(1) Humble O11 (1) ... Huyler's of Del ... Huyler’s ot Del pf stamped (4) . Hygrade Food 111 Pw&Lt $6 of Imp Ch In b29%ec. imp Of1 Ltd coupon (150¢) Indiana Svc 6% pf indus Finance vie indus Fin 7% pf. 508 InsCoof N Am(2) 50s int! Hydro Elec System cv pf__. Intl Petro (113). Intl Saftv Raz B_ intl Ot (B) Intl Util war new_ Intl Vitamin t40c. Interstate Hos (2) Interstate Power (Del) pt Inv Royalty all;. irving Air Ch (1) Jersey Central P&L 5% % pf.. Jersey Central P&L (1) .. Kans City P 8 vt Kansas City Pub Svevtepf A Ken-Rad T&L A Kingsbury Br «d) Kingston Prod _ Kirk L Gold (a3c) Koppers Gas & Coke pf (6) Kreuger(G)Br(1) Lake Shore M (4). Lakey Fy & Mach LefcourtR pf t75¢ Lehigh CEN(30c) Leonard Ofl...... - A T 151 3 3 6508 1 1 208 1 4 9 1 9 6 NhanaDBRRSS . 65 2‘4 3n 1102 L) Zfl' 505 36% 47 20% 1008 24% 8 18% 20% 14% 608115 s 1 64y 24 2% 424 54di; 14" 43% 10% 174 37k 28 1% k) 13% 16% 4m 204 5% 5 6915 1% 30 26% 10% ] 2 44 24% 5 38Y% 67 9% 23 11 311 110% 8% kicy 18% 20% 16 1% T4% 16% 6913 85% 14 115 7 15 8 1 38 1 1 8 40 224 273 | Montana-Dak Util 42% 12% 109% 65 2% 2% 2% 4% 49 "~ 57% 58 | 55 oldy 43% 10 28% 23% +* 20% 1 40s 68% 68% 68%( Df(B)(6).....100s 50s 120% 1204 120% t" Land (40¢) .. Mlll& 115 118 3% 21 yoch Corp (3).. 7 MoWms Dredg(4) 1Ml % | Marion Steam Sh.. % | Maryl'd Casualty. Massey-Harris... Mass Util Asso. Merritt Chap& 8 12 40 8 5% 2% 13 2% 8 1 1% 1% 1% Minn Min & M (1) 25s 32 32 32 % | Mohawk Hudsen ZBI !fl 89 !9 Molybdenum Corp % 1 | Mont Ward A (7) 20- 153\/. 153% 153% 2 19% 19 19 214 | Moore Corp Ltd o 6% . 1% | Nat Servic 10% | Nat Sugar NJ (3) 5 2% 8% 1 758 10813 10715 107% 3% 102 102 * L b 6 108101 101 101 1 # 258 102% 1024 102% 3 23% 23% 7 15 3 PL(A) (T) . % | Moore Dist (50c). Mueller Brass 30c 105152 152 152 1 & 8% 8% 31% 2% 19 2 S % 1% 84% % | Nat Rubber Mach. 4 2 & & 2 26% 25% Nat Union Radlo.. 2 Netsner Br pf (7). 100llll% lll% lll’i Neptune Met (A). 9% NJ Zinc (2) Newmont Min (2) N ¥ & Hond (11)_100s 27% N Y Merch (12)__. 4 50% N Y Shipbldg. 1% N Y Transit (30c) 1 4% N Y Tel pf (6% ) - 758120 118% 1[8’« N Y Water Svept. 30s 5d% 5d's Niag Hud Pwr 55 11% 114 Niagara Shares (Md) B (a10c) 14 Noma Elec (a40e) 1 North'Am L & P 2 North AmL&P pt 700s Nor Am Mat (1) North'n-Euro Ol North Pipe L(30c) Northern States Power (A) . Ohio O1l cu pf (6)- Oil Stocks Ltd (L Okla Nat Gas Co_ Oldetyme Distil__ Outboard Mot (A) Outboard Motor B Overseas Sec a2bo. Pacific Eastern___ PacificG& E 6% 4% 41 54 6 % 2% 25s 54 5 & & 2 5 4 1 28 28 28 1109 109 109 13% 13% 11% 6% 14% 1% 6 13% " 31 6l 56% by 4 18ia el 124% 124% 62 62 6 10 P R T L Pan-Am Afr (1) Pantepec O1l . Pennroad (b20c) Penn GEE(A)1%. Penna Salt (13) . Pho g Phillips Packing.. Ple Bakeries(6Uc) Pierce Governor Pioneer Gold Mines Litd (80¢) ... 18 Pitney Bowes PM(32¢)...... 2 Pitts& LE (1214) 1708 Pleas Val Wine 2 | Powdrell&Al t1%. Premier Gold 1120 Producers Roy .. Propper McCall'm 9 Potrero Sugar.._ 1 Pub Sve Ina pf.__ 20s Pub Sve Ind prpf 10s Pug S P&L $5 pf 52008 7 Puget Sound Pwr &Lt36pr | Rainbow Lum (A) Red Bank __ Reliabie Store: Reybarn Co Reynolds Invest _ Root Petroimeum Rustl; Ir&su. St Anthony Gold.. St Regis Paper __ St Regis Paper pt Salt Creek P(30c) 2 Segal Lock &H 2 Selected Indus Selindalicfebly 50- Sel Ind pr pf(5%) 1008 Seton Leather 1 Shattuck Den Min Shenandoal 1 2 Sher Wfllllml(l) 1508130 Singer Mfg (16) 258341 Sonotone (abc)... 2 Southn Calif EQ . of (B) (1%) 1 28% South PennO t13%f 5 38 Southern Un Gas 1 1% Spencer Chain St 3 9% Stand cap&S z.40 508 39'y Stand Inv vu 3£ 1008 40% | Stana vn Ky (1) 1% | Stand 011 Ohto __ 2813 ;| Stand Pwr & Lt__ 38, and P & L pf Stercni Bros Strs Sterchi Brothers 1st pt (3) 1008 | Sterchi Bros 2d pt uUUs Steriing Br(aluc) Stetson (J B) ___ Stutz Motor | Sullivan Machine Sunray O1) Sunshine Min (2) Swiss Ofl (120¢) . Taggart Corp Tasteyeast(Del)A Taylor Distill____ Technicolor inc - Teck Hughes t40¢c Texas Gult Prod Texon O & L (60c) Tob Prod Ex(10c) Trans-Lux Daylite Plc Sn (20c)... Tung-Sol Lamp n ‘Twin Coaeh (al0c. Union Gas of Canada (a10c) Unit Corp wa Unit Gas Corp Unit Gas C war Unit Gas Corp pt. Unit Lt & Pw (A) Unit Lt & Pw (B) Unit Lt & Pw pf 21 Unit Milk Pr a2sc 100s United Shipyds, B 3 Unit Shoe M 2% Aouu U & Foil(B)(60c). U S & Int] Secur.. 1 U S & Intl Secur 1stpfww 1% | U 8 Radiator.. 3 258 4 15 6 10 12 1 7 15 17 " 150s 1 27 1 1 5 16 81 1 27 10s 2 130 ~130 341 341 2% 2% 28% 3T% 1% 9% 394 40 175 263 33, 36'y 6% 3913 10 5% 18 20 28% 6 10 2 508 24 685 4 1 36 36 - 4 144 4% © 2T0n ewe wwwaspsN.g 218 6% T 52 15 15 2% 2% 873% 87% 1% 174 2% 2% 764 76% 76l - 3% U S Radiator pf.. Unit Verde £x(1). Jnit Wall Paper.. Util Pwr & Lt Utility Eq pf(3%) 25- Utility & Induspt 3 Venezuela Petrol. 1 Va Pub Sve pf (7) 20s Waco Atreraft 1 Waitt&Bd A s15d. 1 Wayne Pump 6y Westn Alr Ex(n) 4 West Tex U pf(3). 60s Wil-low Cafept_. 1 Woodley Pet (40c) 11 8% Wright Harg t40s 7 8 Yukon Gold 1 2% Dividend rate in dollars based on last quarterly or semi-annual psyment. mulated divie id last year. 3% 5 1% 75 70 7 Teo! ePayable in sl £PIs parcial dumwmn of assets. Ex-dividend. Ward’s Estimates Auto Production At 100,161 Level By the Assoctated Press. DETROIT, June 19 (#)—Ward's Reports, Inc, today estimated output of the motor car factories for the current week at 100,161 units, com- pared with 98,560 the previous week. It placed Ford output at 19,750, compared with 18,760 last week; Gen- eral Motors at 45,186, against 44,- 198; the Chrysler group at 23,275, compared with 23,475. Cram’s reports placed this week's production at 100,733, compared with 100,415 last week and 90,561 for the corresponding week of 1935. 8t. Louis-San Francisco Ry.—De- e ficit, four months ended April 30, was % $3,446,397 against deficit of $4,640,401. CROP SCARE LIFTS | WHEAT AT CHICAGO Prices Soar 43/ Cents to Within V4 of Limit for One Session. By the Associated Press. CHICAGO, June 19.—Wheat prices today zoared 4% cents a bushel, within V4 of the limit permitted in one session, in a bull market inspired by sensational reports of crop losses in drought re-, gions. September wheat reached 93's cents a bushel just before the market closed | and other deliveries here as well as in other major North American markets rose sharply in sympathy. Wheat, corn, oats and rye futures sold at the highest prices of the season on the Chicago Board of Trade. Both in Minneepolis and Kansas City the actual maximum limit was reached, & rise of 5 cents a bushel. Tumultuous buying was increased in the late dealings owing to anxiety &s to domestic Winter wheat as well as Spring being damaged by dry hot winds. Wheat in Chicago closed flurried 3%a4), cents above yesterday's fin- ish, July 913ga917%, September 92%a , corn 2'3a3 up, September 63338 633, oats 1'3al’; advanced and pro- visions showing 12 to 20 gain. ‘WHEAT— Onen High. Low. Cllgt 1057 107 10.70 10.05 5 13.12 Receipt of reliable reports that wheat would be a total failure in some sections of the Northwestern Spring crop area unless rain came at once loosed a wave of speculative buy- ing that whirled values upward to well above 90 cents a bushel for July and September deliveries. Light rains were reported in parts of the Cana- vailed generally on this side of the border. A Chicago crop expert touring the Dakotas reported drought had Jam- aged wheat throughout Northern South Dakota. Specific reports from some counties in the Dakotas asserted all small grains were past redemp- tion, Some traders said serious losses of Spring wheat for the third consecu- tive year might prevent the United States from returning to a wheat export. Chicagoe Cash Market. Cash market, No. 1, dark, hard, 1.01; corn, No. 4 mixed, 63'4a64; No. 1 yellow, 66!2; No. 2 yellow, 65'za |3 6634; No. 3 yellow, 65',a66; No. 4 yellow, 63a642; No. 5 yellow; 621a 63; No. 2 white, 73a733%; No. 5 white, 68%4: sample grnde. 46a64; oats, No. 2 white, 31%; No. 3 white 293,a31; No. 4 white, 26!2a28; sample grade, 2434a27; no rye; soy beans, No. 3 yel- low, 92: sample grade, yellow, 90; barley feed, 30240, nominal; malting, 48a91 nominal; timothy seed, 3.35a 3.60 cwt.; clover seed, 13.00219.25 cwt. Liverpool Grain Prices. LIVERPOOL. June 19 (#.—Wheat fu- tures closed firm. High m\'. Low. Close close 87t iR O] July QOctober December Exchanse. 50215 Baltimore Quotations. ., BALTIMORE. June 19 ..—Wheat. 2. red Winter garlicky, spot. 1.06; June. 1.08. No. domestic. DIVIDENDS ANNOUNCED NEW YORK. June 19 —Dividends de- clared (orepared by the Standard Statis- ties Corp.) Extra, Rate. Fiod. record ole. ate. riod. record able. fllbhll‘d Spencer. Bart-_ 7.31 720 ) Nnrwlch Pharmacal Co_15 Initial. Truscan Laboratories gc _ Accumulated. Waltham Watch 7% br. pre 53 Air Asscc Inc $7 pt. A C Gilvert A-‘ 50 Riverside & Dan Cotton Mills 67 Aer Sup Mfg A $1. EII cum cv. | Tnes | Baxter Laundries & o h d e Bk & Tr 18 M li N"cr ica im0 @ Welnbcuer Drug Strs 30¢ Q Resumed. [ Detroit. Steel Prod AeroSup MigA cum cv.. v PI__$3 .. 5 N Y Merch Co____ Deferred. Austin, Nichols & Co. $5 A Re Dredsine Co _ Am‘nuc Ice & cont Brolfl'l’ DQDt Bl.o 1st 75 Q Brown.} mn-n-n Distiller’ Ceglnl Cold” Storage F Chgse Natl Bank (New or) 5 Daminion Rubber “Co, Ltd §17 Eatly & Daniel Co pt $175 Federal Services Finance Pedeul Services nn.nce Cor f S1.75 Q Pb(s:loru Fréssed Stee =5 Hlbb-lrd Spencer. Birt- | A Hibbard Spe Spencer. Bart: Q Q . 10c M Hibbar Spencer. art- o gexs Timirsting Shares A 30¢ @ Infer-1al nd Steam _..30c Q | aiavais e & 0c Moore. '«-rom) Dlslfller % Co 12%c @ Rckar tl-(AW)s .r:o -8 Belected Am Shares oo (bearer) Selected Curiulaiive Shares (bearer) Southern_ Countie: Co of Calif 8% o ;x Towle 'M Co - Unit a‘n Fb 8ve .50 Q Rorerse & fi Dan Riv Cotton Mills 6% General Baking Lo ey o smal nd m 5?33 3m-ed ed ufi?mn mm-lm-gm e &Y J‘m g aies sdvanced on £ £ irelety | reorkanization: " losed 1 entes, Bills. and conl shares declining PO "uctuntions took Diace hl h and sl in"the international Erous. 3 +| Quotations Hold Within Few dian wheat belt, but dry weather pre- | e, | flon was” buring in of contracts By Shor: / 1933 FRIDAY, JUNE 19, 1936. Since 1933 1934 1935 (s 10 1 P o S FINAWCIAL. How the ltalian Lira Has Fluctuated Closing Price of Halian Exchange Since 1933 e IIIIII'II'IIlIIIIIIIIIIIIIIIiIiiIIIIIII il ||I||| LT T AMJJASOND JFMAMJJASOND JFMAMJJASONDJFMAMJJASOND 9% o9 COTTON FUTURES HIT T2-GENT MARK Points of Day’s Peaks in Late Trading. Ey the Assoctated Press. NEW YORK, June 19.—The July cotton market position sold well above the 12-cent level today, the first time any future delivery has sold at that figure since November, 1935. The near-month strength brought in some additional buying of new- crop deliveries, with October selling up | to 11.47, or 12 points net higher. Prices were within a few points o{} the best in late trading, showing net | advances of about 4 to 19 points. The strength in the market was| believed to reflect a scarcity of spot cotton to fill the rapidly expanding demand prompted by the increased | activity in the textile markets. | | In PFebruary it was announced that the pool at that time held 820,500 bales of futures contracts and with the liquidation of July deliveries the pool holdings have been reduced to | 124,300 October contracts. This evidence that the Government is getting out of its cotton appears to | be attracting more general interest in | the market, cotton men said, and | | operations in the past two weeks have | expanded materially, Futures closed steady. 4-23 higher. July October” | December January _ March May Spot stea Cottonseed Oil. Bleachable * cottonseed oil futures closed firm. July, 9.31b; September, | 9.25b; October, 9.13; December, 8.95 ! a96. Sales, 154 contracts, including 6 | switches. b—Bid. New Orleans Prices. NEW ORLEANS. June 19 (P —A steady opening. with prices from 3 to 4 points | above previous closing levels. character: SuTLy dealings on the cotton market to July ovened at 1103 October sold 1132 Soth December ant January tnnmnzd at 11.20 at the first eall. wvith flrst notice day In July less than | Week awav most oweiness 3. tais o interests. Cottonseed oil futures | June. §.85b: Juls. ,oc ober. 862b: uary. 842b, b—Bi opened £,8%b: Seotember. pDgcember. 8.42b steady. | Liverpool Quotations. : POOL. June 18 . .—Cotton, 17,000 bales. "including 7,148 American, moderate business ‘done. prices 6 points higher. Quotations pence American strici good’ middling. 7.70: good mi dliny 0- ‘strict low midaling. & 70 | middiing. 6.40: strict good ordinary, | So0d, ordinary. 590 dyv: July. 8. 6.12 47 October, De- er unx January, 6.0% March. 8.05; n o May, 6 - CHICAGO PRODUCE. CHICAGO. June 19 (7 —Butter. 1 firm. prices_unchanged. Eggs. 2: easy: extra firsts. local 2% fresh eraded first 2 eceipts. 1 ontrack. 3 ‘otal United Siates nhmmenll 905: ‘new stock yeaker. mode: demand slow. liss Triumph. old flock shlhllv weaker sup- Diies light. Semand Hent Minnessts Round Whites and early Ohios. generally fair to ordinary. 1.60a . Poultry. five: 48 trycks. steady: hens; | N 2078 ipPlymouth Rock frsers, colored. | fy moulh md White Rotk by d. bareback: nds. 17a18%: horn_roosters. 121583a: heavy old ducks. 157 small white ducks. 117 10%:; young geese. 157 Vai turkeys’ heavy Soune. 1654 small colored. old. 13. CHICAGO LIVE STOCK. CHICAGO. June 19 (P (United States Department of Agriculture) - Thcluaing B.500 direc han_ Thi ursday’s ave 10.4 hlkldz;l! ackers and order eressively; few light- Steers. 7 .'mai 40: best heifers, 8.50; lhulhur COWS. 0/ cutter grades. 5.00 dow bulls and veal litle changed: most ‘sausage bul dow; head, vealers large- ( stockers and H bs _and lheen around iR e direct: few odd lo P su modenuly sorted : Ci 5; few clipped H o2 ok 'shnes, ‘STBoATDE! vearings. £50; FOB-EIGH EXCHAN GES. ().—Foreig: Gf!lt 'f“fln ln"dol‘z 5. o" SR l"‘m?f .. : 80-day bills, 815 cable exchang :mu! L fars ofers ) '/: ub §iits L De) o rnnu. dem: £ Kong, real in NEW YORK. June 19 (®. —& guiet: electolycie 'spot and ‘Tutur export, 9.10-12 Tin firmes 2?‘(\” . Lo i Zing barely steady: Fas E Loui: and future. 4.85a4. 0 Alumlnum 10 00-.’.’ 00. Antimony, spot. NEW YORK BAR SILVER. NEW YORK, June 19 (#).—Bar silver steady and unchanrged 2t 44%. ~ Y | greatly changed as compared with a| Sharp Jump Seen In Six-Month Net Of Wayne Pump Co. E¥ the Associated Press. NEW YORK, June 19.—Wayne Pump Co, manufacturers of pumps and accessories and equipment par- ticularly for oil and gasoline han- dling. reported consolidated net profit of $508,087, before Federal taxes, for the six months ended May 31, equiv- alent to $2.78 a share on the capital stock. This compares with $149,063 before Federal taxes, or 71 cents a share, for the six months ended May 31, 1935. The company has plants in Fort Wayne, Ind., and Los Angeles, Calif. Assembly plants and warehouses are maintained in London, England and Toronto, Canada. WOOL PRICES FIRM BUT VOLUME LAGS Commercial Bulletin Notices Les- sening Activity, Especially in Western Centers. By the Associated Press. BOSTON, June 19.—The Commercial | Bulletin will say tomorrow: “While the market for wool keeps firm, there is a lessening of activity, especially in the West, where the pace has been rather swift. Prices paid in the West have been maintained on a firm basis. although without material change from last week. “The manufacturing position is not | week ago. New business is naturally slower and spinners and combers find it impessible to secure replacement | values for their yarns and tops. Foreign markets are quiet and a bit easier. Mohair is quieter, but very firm at last week's level.” INVESTING COMPANIES NEW YORK. June 19 (P —New York Security Dealers’ Association (Noon Quotations.) Admin Fd 2nd In Basic Industry Broad Street In Bullock Pund Corporate Trust _ Corporate Trust A A Corp Ir A A mod Corp Tr Accum Ser Naglon Wide vic Norlh Am Bond Tr ctfs 5 juper Of Am Tr Sed T‘:IIS{:Q Stand Inv C. Trustee Stand_Inv Tristesd Tha Bm shrs Tusteed Indus = Trusteed N ¥ Bk Shrs__ SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) Amer, Beet Sugar s 1040 Tel. & Tel. 5'2s 1943 Allantie Refining 55 103 Gulifo.nia Packing 5s 1940 . Clinfd B5s 1938 -:“:oao 23822 gg;hv 1l Ou:lgll alley Tong tsland: Gen. 43 1938~ Loujeville & 55 1937 Michigan Oent,r-l 45 1840, 832223233 FIES = 105% 101 H g 1028 165% Vanadium Corp. 5t 1 Wnb.uh Rwy. Co. 55 1u1a Warner Brog ds 1 CEREEY 2 N.Y. a Western Bnion Tel 55 msi PHILADELPHIA PRODUCE DELPHIA (P.—Live ll Pullet: Flmollfl’l Mckl fancy. g%'{z?' mm?a' fancy. Young Hens. 18830, hery uncha Bisterorn srades.” S1%mss: 92. 30%a a1} o1, 307 00, 20 RUBBEB ?UTURES une 19 M. —Crude NEWSPAPERS GET MOST ADVERTISING Lead With 58.2 Per Cent of Total Volume From 387 Companies. By tre Associated Press. NEW YORK, June 19.—Newspapers | received the major share of national advertising expenditures of advertis- ing, the American Newspaper Pub- lishers’ Association announced today in its annual survey. ‘The survey, based ¢n a study of the advertising budgets of 387 com- panies, shows their combined expen- | ditures of $231,107,948 in the three | principal media—newspapers, maga- ines and chain broadcasts—were ap- portioned as follows: Newspapers—$134,440,00 or 58.2 per | | cent. Magazines—$61,943,228 or 26.8 per cent. Chain broadcast—$34,724,720 or 15 per cent. Twenty-two or the thirty-three trade groups listed in the survey fa- vored newspapers over the other two methods. “As in the past,” the survey says, “food, automotive and tobacco piod- ucts continued to be the leading | trade groups in advertising expen- diture in 1935. In all three groups, | newspapers received by far the major portion of the budget.” Nine of eleven leading automobile | { companies for which comparable fig- | ures were available, the survey re- ports, substantially increased their newspaper expenditure over the 1934 | figures. The study says newspapers received 85.8 per cent of the expenditure in| | the alcoholic beverage group and 88.7 per cgnrtiipl.he numm_ BUSINESS ACTVE ON BROAD FRONT Better Shopping Weather Widens Sales Gains Over Year Ago. Ry the Assoctated Press. NEW YORK, June 19.—Trade movements bore more heavily to the brisk side this week as preparations | proceeded for broadening activities | during the Summer months, the week= ly review of Dun & Bradstreet, Inc., said today. Retail business widened the rate of gains over 1935, with most seasonal lines expanding. Better shopping weather gave consumer buying its chief list, the survey found. In wholesale lines Fall buying proge ressed well, with difficulties reported in securing immediate delivery on some items, although the total turn- over in this division held close to the levels of the preceding week. ' At retail, purchases in-leading cities were said to be topping 1935 figures by 5 to 8 per cent, causing estimators to place the probable totals for the entire country at some 10 to 15 per cent to the good. The middle and Northwestern ree gions were credited with improvement over last year of 15 to 21 per cent, the Southwest with 12 td 14 per cent and the West Coast with a rise of 10 to 12 per cent. Among wholesalers, advantages over last year ranged from 12 to 18 per cent, it was reported, with movement of goods following consumer demand closely. Fall coats, fur garments, shoes and underwear were among rapid movers at wholesale, while store customers took to sporting goods, luggage, | graduation and wedding apparel and gifts. Bonus money spending was little | felt, and most merchants were said |to be counting on the coming week for first major indications of the ex< tent of the expenditures by veterans, FEDERAL LAND BANKS NEW YORK. June 19 (2 .—Pe Bank bonds deral Land Quotations as of 2 o'clock.) v Bid 1003 NEW YORK PRODUCE. NEW YORK. June 19 o —Butter. \ms Casier Greamery | RIher 1R 30%a3l; e: score). 30: firsts (RR-91 s) 4 seconds (84-87 scores), “centralized (30 score) 591y ese_ 118027 quiet Prices unchanged, 24 unsettled. M 9, Solors! resh re- ommercial 4: dirties, {rigerators. c(htr mxxed colors une Eeee 248 vlndurds 3 flrsu unquot:d | chan | LN pmmn Arm. By freisht (Rocks). 28 10a23: roosters. other !rellhl Dncu unchanged Broilers 13al4; MONTREAL SILVER. ONTREAL. June 19 (P .—Silver fue opened steady. 1 to_10 lower. July. b 4476b: December, b—Bid “How can | secure PROFITABLE MANAGEMENT for my building?” F your building or property is not pro- ducing a proper teturn on your invest- ment, bring your problem here for analy- sis. Building and p roperty management is a Weaver specialty, We are manage- ment agents for some of the finest and most exclusive properties in the Capital. We can serve you in other ways, too. Get our advice if you are planning to ... Finance a new home or other property. 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