Evening Star Newspaper, June 29, 1936, Page 15

FINANCIAL. - . #3% A—I5 e e R Y e Y e e e ) e O MUS]' BUNDS STAY BONDS ON N. Y. STOCK EXCHANGE ADVERTISING UP Low Prices Curb CHANGE N POWER [Me rore eanc stooes IN NARROW RANGE Few Corporate Issues Cut Loose for Gains of One to Four Points. Bond Averages 20 10 10 10 Rails [ndus Uti) For'n. Net chasge. Unc.Unc. +.1Unc. Today, noon 92.2103.0102.0 67.9 Prev. day-__ 92.2103.01019 67.9 Month ago. 91.8103.0101.6 689 Year ago 930 97.2 958 69.3 1936 high_.. 94.310411025 72.0 1936 low.__. 86.9101.8 99.3 67.6 1935 high... 87.8102.2 99.8 T0.4 1935 low. 764 922 845 655 1932 low. 458 400 646 422 1928 high_..101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Noon ... 111.6 Prev. day.111.5 Mo. ago--11 Year ago-110.3 1936 high_112.3 1936 low.. 110.2 1935 bigh. 110.7 1935 low.. 107.9 1928 high. 104.4 1932 low 86.8 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, June 29.—A few cor- porate issues cut loose from the re- stricted swing which marked the bond markct today by moving up 1 to 4 points. The list as a whole was irregular, with values little changed from Sat- urday. Polish bonds enlivened the foreign section by scoring further recoveries, ranging to a miximum of around 6 points. United States Governments were 4/32ds of a point higher to 2 32ds lower. Gould Coupler 6s, with a gain of | around 412, were a strong feature of industrials’in late trading. American & Foreign Power 5s and International Hydroelectric 6s, up 1'z to 2, were the principal performers in the utdlity list. Rails were uneven. INVESTING COMPANIES NEW YORK. June 28 P.—New York Security Dealers Association (Noon auotations) . Admln Pd 2d Inc Basic Industry Broad St Inv. Bullock Fund Corporate Trust .. Gorporate Trust “AA Corp Tr AA mod Fixed Trust Sh 2 Fixed Trugt Sh B Sen Investors Tt Group Sec Agriculture. roup Sec Automobile. rous Sec Building Group Sec Chemical Group Sec Foo Group Sec Tovest Bhre Group Sec Merchand Group Sec Min! Group Bec N ot~ Group Sec R R Equin_ Group Sec Steel Group Sec Tobacco. Huron Holding Investors \Vestors Fund of Am Keyston Cust Pund B-3. Major Stirg Corp Marsland Fun n Nation Wide Sec Natlon Wide vic N Y Bk Tr Sh North 'Am Bond Tr cifs Nor Am Tr Shares Nor Am Tr Sh 1 Nor Am Tr Sh or Am Tr Sh forthern Secur Plymouth Fund Inc Quarterly Income Sh Supervised Shrs Trustee Stand Inv C__ Trustee Stand Inv D. Trusteed Am Bk B Trusteed Industry Shrs Trusteed N Y Bk Shrs SHORT-TERM SECURITIES. (Revorted by Chas. D. Barngy & Oc) Amer. Beet Sugar 65 1940 - Am' Tel. & Tel. 5 43 Atlantic’ Refining : California Packing Garo. Clintd = Ches." & Ohio Ry. bs 19:0 Chi. Gas Lt. & Coke 5s 197 mberland T. & T 58 1 Delaware Hudson 5738 1 i 10143 | 983 I Gen 4s uisville & Nash. g Michigan Central ‘45 1940 Morris & 03 1037 Pac, B Pacific Tei el. 55 16 Penn-Dixie_Cement s u:n enna. R, R."Co. 45 19 RIQ Gr. We:tern 45 1 Pac. of Calif; 55 10 1937~ 1022 Wegtern Caféa Tei .s< 1938 105% 10513 U.s. TREASURY NOTES. (Reported by Chas. D, phqrney & Co.) Date—Maturity 3 Au; 100t PR T VT N g o it 313132 FOREIGN MARKETS TONDON. June 20 (P —Price move- ments were irregular today in a quiet stock market CAlrcraft and electrical pment issues were firm and Kafrs imnomu from Capetown. British funds and international snares &:ms?,tm I ationa a ni ates ’mlhlru leading the ad ery i Polish bonds featured. mmm e “foreign section. Home rails and rs were inactive, 'hfle oils decuned 8.—Continued _strikes tended to eract_the more. favorable tendencies prevailed in the Bourse today, re- in an irregular tone. Rentes were tter demard and closed about 1 higher. Industrjsl and interna. il sh“n were in supply and moved wi % KETAL mxm June 29 (P).—Copper t 'ORK. zleclrolytlc and !umu 15. e Téud steady; spoi -85‘ Elxl St. 3 l.gs‘ ?:‘z i Louts, m and future. "74.50-75.00. gull; ‘n lD 00-... MONEY MARKET. H‘!W YORKN June "9 IM —Clll mnnfl 1 me- com- e e oo gopalu # months. ’? 3 onths, Ioducoum rate, By private wire direct to The Star. Approximate ‘l‘nnmtlolu Today. U. S. Gov't Bonds...... $290,000 Foreign Bonds cceceee 1,150,000 Domestic Eondl....-.-. 5,190,000 TREASU!V Close. High. Low. 2%,81945-47 ... 10320 103 19 10320 "'/4 '$ 1948-51.._ 101 26 101 22 101 26 $1951-54.....1012 1012 1014 1023 1021 1021 - 10410 10410 10410 3348 1949-52 105 27 10527 10527 338 1944 46 _. 10720 10719 10719 3%35 1940-43 June 10818 10813 10818 3% s1941-43 Mar. 10828 10828 10828 481944-64______. 113 11228 113 4%s8-3%% 1943-45_ 10728 10727 1072 438 1947-52 _ . 11723 11723 11728 FEDERAL FARM MORTGA! 288 1942-47_.- 1025 1025 1025 381949 __oo—o-. 10226 10223 10226 3348 1964 -. 1043 1043 1043 HOME OWNERS' LOAN. 2348 1942-44 10110 1018 10110 238 1939-49 10110 1016 10110 331952 10218 10215 10218 FOREIGN BONDS. Hish Low. Clese. 50 49K 49 7913 T9% 9% 0% 10 10% 10 10% 10% 10 10 10 . 100 100 100 100 190 100 10013 100t 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 1007 100% 100% 100% 100% 100% 101% 101 101 1074 107% 1674 107% 107% 107% 96 9 96 108% 108% 107% 107% 1164 116% 2 3s 1951-56 Abitibl Pa&Pw 68 83 Adriatic Elec 7s '53_. Antioguia 7s 45 B | Antioquia 7s 45 C | Antioquia 7s 45 D. | Antwerp 6s 5% __ | Argentine b8 62.. Argentine 6867 A_._ Argentine 6 Argentin Argentin WArgentine Argentine s 61 Febr Australla 4%s 56 __ Australia 68 56 .. | Australta bs Austrian 78 67 ceeee Belgium 68 ‘56 Belgium 6%s 49 Belgium 78 66 Berlin Elec 65 ‘55 Berlin Elec 6148 Brazil 63%4s '26-'51 | Brazil 6%s '27-'67 Brazil 7s ‘52 | Brazil 8s 41 Brisbane 6s '57 ... Budapest 6s ‘62 unmat coupon on | Buen A 43:m-435'T Buenos A 3s ‘84 _ BuenosA6l3s'61stPv. Bulgaria 7%8'68 May coupon off. Canada 28 46 Canada 3% s ‘61 Canada 45 '60 cccacaa- | Canada 68 ‘63 - ccuuae. | Chile 68 '60 | Chile 68 ‘61 Ja: Chile 6s 61 Febr.... Chile 6s 62 Chile 65 ‘61 Sept_oee Chile 68 63 Chile 78 42_ Chile Mtg Bk 6s Chile Mtg Bk 63 5'57- Chilean Mun L 7s '60. Colombia 6s 61 Jan Colombia 62 61 Oct. Col Mtg Bk s 46 Col Mtg Bk 78 ‘47 Copenhagen 4425 53. Copenhagen bs 52 Cesta Rica 7's A 51... | Cuba 41z8"40 Cuba 5s 04-44. Cuba 538 45 Czechoslovaki Czechoslovakia Denmark 448 Denmark 5%s 55 . Dominie 1st Dominic 1st 538 "¢2. Finland 6%s 66 _ Frameric In 7%s Franktort 6358 53 French G 7s'49 un st. French Gov 71s ‘41 Fren Gov 74541 uns C:er Gen Elc » 100 100 | 2015 700 47 70 201, 708 | 47 KU 17 17 994 995 101w 101t 108% 108% 1137 114 1412 14% 143 14%% 1412 14% 141 14' 147y 14 10015 50 99 99 64 69 1017% 1017 107 107 2% 214 17913 1821 | 164 164 212 1621 16215 341 341 | 26% 26% Ger Gov 5%, 8'65 un st 25 25 Ger Prv & City Bk con Ag 6%s 58 ___ Ger Rep 78 "49 stpd Greek Gov 6s'68pt pd Hait 6s 62. Heisingfors 51&"504 Irish Pree St 5560 italy is 51 [talCrd P W 7s 47 B. [tal P UCrd 7s'53. Japan 63;s 65 J2pan 6%s b4 sreu&Toll 55'59A cfs Mex 48 ‘54 asst. Milan 6%s 62 .. ew So Wales 53 '57_ Nord Ry 6%s5 50 Norway 41;s '65 Norway 432s ‘56 Norway 5s 63 _._ Norway 6s ‘44 . Norw Hy El 5%s'57 Oriental Dev 6138 58 Ortental Dev Bl 53 . Osio 6865 . . Panama bs 63 Panama 6s 63 stp a Panama §%s 53 Paris Orl Ry 6338 68 Feru 6s ‘60 Feru 6s ‘61 Poland 6s 40.. Poland 7s 47 Poland 8s 60 .. Prussia 6s ‘52 Queensland 6s Queensiand 78 Rhein Ruhr 6s Rio de Jan 6%s ‘63 Aug coupon off Rio Gr do Sul 6= 68 June coupon oft . Rhine W EI P 65 '53 Home 6138 62 Rotterdam 6s ‘64 Sao Paulo C 6%s 67 May couponoft ___ Sao Paulo St 68 68 July coupon oft _ Sao Paulo St 78 "40._. Sao Paulo St 7s 56 Sept coupon ~ft ___ Sao Paulo St 8336 July coupon off____ Serbs 7s ‘62 unmeo.. Silesia Prov 7s 68 _ Taiwan Elec 5%8 71 Tok1o 6%s 61 _. Un St] Wk 6%s 47 A Un Stl Wk 62s°51C. Uruguay 6s 1»_ 2 Uruguay 6s ‘64 Warsaw 7s ‘68 38% Westphal El P 6s 237 DOMESTIC BONDS. Adams Exp ¢s 47 33% 33% 27 98 10512 ] 1127% 112% 861 86'% 82%, 823 74 T4 828, 82y 96!y 97 36 36 58 5% T4 744 | 10312 10315 131% 131% 97 97 101! 10214 10: 1012 1067 1067 101% 101% W T4 9% 79% 101% 101% % 71 64 64 105% 105 | 118'; 119 1% 113% 1% 11% 47 48 51 54 46 478 | 2215 22% | 111 11 2% 112% 112% ho22% 22% - 15' 15% 15'% 24'% T 111 1515 24% T m 15 15 151 884 17 26% 24% 3N T4% 75 28 277 508 50 38% 23% 159 881 88Y% 17 26Y% 24% 371 T4% 75% 28 277 508 50 17 T4% % 28 27 50 50 36 23% Alleg Corp 68 ‘50 8tp. 50% 50 Alleg Valley 45 42 .. 110 110% nw Alleg & Westn 48°98. 100 100 100 Allis Chalm 45 °46 136% 136 136 Am Beet Sugcv 65'40 101 100% 100% Am & For Pw 682080 79 77% 178 Am Roll Mill 43849 112% 112 112 AmT&T4%s'39_ _ 113 113 113 Am T & Tcltrb6s '46. 108% 108% 108% Am T & T deb bs 60_. 11215 112} 112% Am T & T deb 6s 65.. 113% 113 1134 AmT&T6%s 43 113% 113% 11315 Am TF 2%s-5s"38-'50 112 111 112 Am Writ Pap 6s 47 36% 36% 36% Anaconda db & 60 105 ' 104% 104% AngloCh Nitr 78 '¢5. 33% 32 32 Anglo Ch Nit 7s’45ct.. Ark & M B & T 68 °64_ 103 Armour & Co 4% 104% 104% 104% | Arm'r(Del)1st 4s'6b. 972 97 97% Armstrong C’k ¢8 50 105% 105% 10514 A T&S Fead 48 96 st. 110% 109% 109% A T&S Fegn4s 95 .. 114% 114% 11415 Atlanta&Bir4s'33.. 14 13% 14 At1 &Ch A L bs 44 ]10% 110‘& 110% Atl Coast L 18t 48 6 96% Ati Coast L cit At1C L un ¢3% Atl Coast Line b Atlantic&D 1st 4s 48 THE EVENING STAR, WASHINGTON, D. C., Hish Low. Bos & Me bs Bos & Me t Con M O%l 34 ct. klyn Cy RR 68°41 _ Bklyn Queens C& S 1s: 65 "41 stpd Clese 6% 154 15% % T4 T4 19 18% 18% 99 98% 98% 91 91 91 114% 114% 114% . 120% 12035 120% Bklyn Un Gas Brown Shoe 3% 8 50 Buft R&P con 4148’67 By-Prod Ck 6% Calif GEE rf 6s '37... Canada So 63 62 A__. Can'dlan NtR4%s'61._ Can'dlan NtR448'67. Can‘dian N 63'69July Can'dian NR 6s ‘70 Can’dian N d! (andian P db Can Pacific ¢% - ‘dlan Pe 4%s '60 Can'dian Pc b8 44 cfs Can‘dian Pc 68 '64 CaroCl & O 6s 62 A.. Car & Gen 63 50 ww_. Cent 111 E&G 68 '6) . Cent of N J gn 63 87_ Cent Pac 1st rf 48°49. Cent Pac 58 ‘60 - Cert'd deb 6%s ‘48 __ Champ P&F 4%s 50 Chesap Ccv bs 4 Chesap Corp C&Ogendtl 9’« C & O con b3 '39 Chl & Altref 3 Chi B & Q gen 48 ‘58 Chi B&Q 1div 34549 Sh B& Qref bs'T1.. Ch1 & E 1] 6s ‘51 Chi & Erje 1st 53 '82_. Chi Grt W 48 69 Chi1& L gen bs 66.. CM&StP 4s 89 CM&StP gn ¢%8 CM&StP 68 ‘76 Chi& NW gn 4s’ Chi & NW 418 2037 _ Chi & NW 4148 2037C. Chi & NW ¢% 8¢9 Chi & NW rf 63 2037_. Chi R I&P rf4s'34 __ Chi R 1&P rf 45'34 cf. Chi R 1&P 4%8°62 CR I&P 4%s 62 ctfs. ChiR I&P 4%s 60 Chi T HA&S 1st 63 60 ChiUn Sta 3% 263 E_ Chi Un Sta 4s 63 Chi Un Sta bs "44 Chi & W | con 4862 .. Chi& W 15562 A Childs & Co bs 43 __.. Chile Cop deb 68 47.. Cin Gas El 4868 A Cin Un Ter 6s ‘57 C... CCC&StL gen 45 '93__ CCCA&StL rf 4% 717H. CCC&StL rf 68 ‘63 D_. Clev Un Ter 4%s 77 Clev Un Ter 6873 B_ Clev Un Ter 6348'72A Colon O1l 6s ‘38 Colo Fuel & Ir Colo Ind el tr Colo & So 4%s '.0 Columbia G & E deb 58°52 April ____ Columbia G & B 6s°'52 May Jolumbia G&E Come! Inv T 5%s 49 Cons Coal Del 55 ‘60 Cons Gas N Y 4%s'51 ConsGas N Y 58°57_. Consum P un 3 s'66. Cons Pwr 3% Container deb 5: al Container 6s 46 Crown C&S 4s 50 ___ Crown Zell 65 '40 ww_ Cuba RR 1st 63 '62 De! & Hud ref ¢s '41 Des M&F'tD 4s'35cfs_ Det Riv Tun 4158 ‘61 Duquesne Lt 3%4s '56 Ertecv 48’63 A . Eriecv4s 53 B Erie con 4896, Erle gen ¢s 'y Erte ref bs '67.. Erie ref 53 15 Erfe Pacol tr 4s°51__ Fed Lt&Tr int 5542 Fed Lt & Tr 63 '42 st_ - 114 105 104% 105 106 106 106 79 78 19 9814 98 98 105% 1057 105% 113% 114 115% 115% 115% 113% 1131 113% 118 118 118 . 120% 120% 120% 127% 127% 127‘a 94% 105 105 104% 104% 4 115% 108 109% 105% IO‘X'A 89ty 107% 111% 106% 10313 105% T9% 1024 1021 4 110% 105% 9% 1024 102% 110% 103 93 101% 102% 108 110'% 84 105 7313 3 1044 % 10414 1045 1045 104% 1105 47 106% 103y 105% 104 102 104 105% 102 57 818 101% 16% 2515 3% 115% 107% Fed Lt & Tros 42 __ 1 Fla ECRy 4%s 69.__. |Fla ECRy 5s°74. __. Fla EC Ry bs T4 cfs Fort St Un D 415541 Gen Am Inv 58 62 .. Gen Cable 5158 47 Gen Pub Sve b%s 39 Goodrich 65 45 Goody'r T&R bs '57 Goth Silk H 55’46 ww Gould Coup 6s°40 . Gr Tr'k of Can 68 "36._ Great N Ry 45’46 G.. Great N Ry 4546 H_ Gt NRref 4%s 61 A_ Gt N R gen 413876 D GtNRgend4%s 11B GtNRgen6s'73C__. GtNR5%8 52 B_ Gulf M & N 58 '50. Har Ry-P C 1st 48'54. Hoe(R)&Co 6148 '34._. Houston O11 6%s '40_. Hudson Coal §s 62 Hud & Man ine 5#' Hud & ref 68 °57. 111 Bell Tel 33%8 70 I11 Cent 33;s ‘52 - 111 Cent coll tr 4s 62 11 Cent coll tr 45 '53... 111 Cent ref 4s ‘66 Ll Cent 4% s 68 I11 Cent ref 6s '65 - I11 Cent Omaha 3s°51. ICC&SLL NU 4%s 63. 1CC&StL NO 68 Inland St1 8% ll Lnteriake 53 51._ Int Cement 4s 46 Int Grt Nr 68 '56 B. int Hydro El 6s 0‘_-. int Mer Mar Int T&T cv 4%8°39__. nt T&T 4%s ‘63 int T&T 63 56 James F & C 48’39 Kan CFS&Mrf4s'36ct. KanCP& L 4%s'61_ Kan C So 18t 38 ‘50 Kendall 6%s 48 ww_. hlsnlu County EI&PwW s'3 Laclede Gas bs Laclede G 6%s ‘53 C_.. Laclede G 6%s 60 D_. Lake E&W 2d 55 '41. Lautaro Nitr 6s ‘64 _ Leh C&N 4% Leh Val Coal 68 '44 Leh Val Coal bs Leh Val Coal 55 ’64. Leh Val Coal 68 ‘38 .. Leh V P con Leh V P con 4s 2003 Leh V RR con 58 2003 2 2 105%; 104 105 1027% 105 104% 107% 8% T9% 103% 105% 99 684 68% 69 104’5 10415 Leh Val Ter 5s°41.__[105% 105"- 105'6 Ligg & Myr 78°44.... 133 133 133 96% 96 96 - 102% 1021% 102% Long Lorrtllard Lorrillard Lou & Jeft Bld 4545 L&Nilst4s L& N unif 48 40 __. L& N ¢%s 2003 C.... L &Nrt5%s 2003.. McKess & R 6%s '50. Manhat R 43 "90 otf: Manhat R M 482013 Marion St S 61 Market St R! 1840 A. Atlantic&D 24 48. AtIG & W . 5869 Auburn Auto 4% «'39 Baldwin Lo 5s'¢0asst. B&Q1stds 48 B&O+% - 3% 78 3% B&O1st 112% 112% 112% O ret 85% 85% 85% [ B4% 84% Bd% Oret 533000 D_. 84% 8% 84% B&Oref 6s'96C.... 96% 954 95K B & O Swn b8 '50_ .. 103% 103% 1 H 114 114 1 128% 1288 1 105% 104% 105 708 T0% 70% Bol& Me 4 MoOK&TS6s 62 A o0 Mo K & T ad) 6367 Mo Pac 4375 .covaen Mo Pac 58 71 Foeeee. 102% 102% 102% 7 101% 101% 101% 121 121 121 132% 182% 132% 9415 93% 944 108% 108% 1084 102% 102% 102% -ee 1085 10814 108'5 107 107 107 103% 103'%4 103% 103% 103% 103% 561 561 56% 35% 35% 35% 82 81% 82 100% 100% 100% 104% 1045 104% 104% 104 104% - 104% 104% 104% 105% 105% 105% 3 3 3 104% | High laI Mo Pac 58 '78 Gaauee. Mo Pac 6 80 Hooooo, Mo Pacbs'811 ____. Mo Pac6%s ‘49 A____ Mob & O M div 55 47 Mohawk & M 4s 91 _. Monong Ry 1st 4360 51 gta Nat Dairy 3% s'51ww Nat R M 1st4a'51 Nat Ry Mex 413s July coupon off .___ Nat R M 4148 57 asst Nat Steel 45 ‘66 - New E T&T 4%s " ll. New E\T&T 1st New Or GNR bs 83 A NewOr PS6s'52 A_. NewOr PS6s°55 B _ New Or Ter 1 N Y Cent 3%s N Y Cent con 4s N Y Centrraly YCrfak%s 20130, Y Cent rf 6s 2013 ¥ Cent cv 65 44 NYCLSh3%s'98 NYC Mich C3%s 9 ‘3 NYC&StL 4%s"78 NYC&StL B1%s 74 A_ NYCht &St L6s'38. N Y Dock 1st 4s°51... NY NH&H el tr 6s '40 NY NH & Hev 6s '48. N Y O&W ref 45 '92__ N Y Putnam 4s 93___ N Y Rys6s ‘65 A N Y Steam bs 56 N Y Steam 1st 63 '47_ N Y S&W gen 55 °40__ N Y lelgenalys 39 NY W&B 43484 Niag Sh 6%s 60 ___ Norf & W 1st 45 '96 Norf&W PC&C 4s '41 North Am Co 68 61 North Am Ed 5T A North Am Ed bs '69 C North Am Ed 6% s'63. Nor'n P gen 85 2047._ Nor'n Pac 48 '97_ Norn Pac 4%s 2047_.. Nor'n Pac 68 2047 C_.. Nor Pac 6s 2047 D_. Nor'n Pac 63 2047 North Sts Pw 434561 NornStP6s'41B... Ohio Edison 4s '65 Ohio Pub Svc 78 47 Ore Sh Line 68 46 Ore Sh L 5546 Ore W RR&N 4 Otis Steel 65 '41 Pac T&Tre3% 66 B Pac T&T 1st 58 Par-B'way 6%s ‘51 Param’t Pic 6s 66 Park-Lx 6% ‘53 cfs_. Parmelee 65 ‘4 Penn Dixte C 6s ‘41 Penn P& L 4%s ‘81 Penn R R3%s'70C.. Penn RR con 43 48 _ Penn RR cn4s'48 stp_ Penn RR !l 63 Penn RR gen 68 u Pere Marq ¢%s Pere Marg 1 Phila B&W 48 Phila Co 68 67. Phila El1 Co 4%s'67._ Phila & R C&l bs 71 Phila & R C&1 68 '49_. Philippine Ry 48 "37_. PCC&StL 3 ‘| PCC&StL 4 Pitts& WV Pitts&W Va ‘%l 595 Pitts&W Va 44 8°60C Port A C&D 6853 A.. PriGen El ‘% Porto RicoA T Postal Tel & C 58 '63_ Pure Oil 43¢s 50 ww. Purity Bak 63 ‘48 R-K-0 6841 2 Reading Jer C 43 '51_. Reading R 4%s 97 A Rem Rand 4% 2 56 ww Republic Stl ¢%48 50 Republic Stl 4 Republic Stl 6% Revere Cop 4% Richnield Oil 6. Richtield O 68 Roch G&E 5562 E__ R A&L 1st 4358 34 Rutland Can 43 49__ StJo Ry LT&P 6s'37. St L 1M&S R&G 48°33 St L-S Fran 4550 A_. St L-S Fran 4 %87 StL-S F 4%s'T8ct St L-SF 55 50 Befs_ SULS W 1st4s '8y __ StLSWgnrtbs 90 St L. SW 1st ter b5'52. St PM&MM ex 48°37. StP M&M ext bs 43 St PM&MEGT4 3%45'47 San A&A Pass 4s 43 Seabd A L 4s'50cfs st. Seabd A Load) 55 49__ Seabd A L 6s 45 A___ Seabc A L 6s 45 cfs__ Seabd A-Fl 68'35Act_. Shell Un deb 3%s ‘61. Sllesian Am 18 41 __. Socony Vac 3%s 50.. So Paccol 48 49____ So Pacref 42 ‘5 e So Pac 4348 68 Sc Pac 4%s 69__. So Pac S F Ter 4s '60. So Ry 48 66 A___ So Ry 94 So Ry gen 65 '56... So Ry 638 66 So Ry M & O 4s°38 So Ry St Ddiv 4s ‘51 31% 1% 31% 10% i 3% 31% 10% 174 31% 31t 31% 10% 1% 91 91 109% 111% 102% 102% 93% 93% 87% 88 9% 97% 65 654 1041 104% 103% 108% 3 3 2% 3l 106% 1224 2% 314 106% 105% 106 108% 57 4 110% 141y 102 120'% 106% 106 11513 94y 69 100 107 108% 109% 978 108 103'3 3915 375 8 W Bell Tel 3%s ‘64. 107 1 Staley A E 4546 Studebaker cv Swift & Co3% I'enn Cent 6s 4 Jenn EI Pw 6347 A__ Term As con bs ‘44 Texarkana b%s ‘50 Tex Corp cv 68 44 Tex & Pac 68'71 B Tex & Pac b8 ‘79 Tex&Pac 18t 68 1000 Third A ad in ex 65'60 Un Oil of Ca1 Un Otl of Cal Un Pac Un Pac ¢s Un Pac 1st rt 48 2008 Unit Drug bs ‘63 = U S Pipe Fdry 3%s U S Rubber b8 ‘4 Uriv Pipe & R 65 '3 Utah L&T bs 44 A Utah P&L 68 44 .o Util P&L 68 69 ww... Util P&L 6%s 47 Vanadium cv 68" u... Va K&P 1st ret 48'66. Va Ry 1st 3% 866 A_. Wabash 4348 78 Wabash 1t 68 ‘89 Wabasn 6876 B.cao. Wabash 6348 ‘75.... Wabash T&C u T Walworth Warner Bros 39 Warren Br ¢ 41.. W Sh 1st4s2061 gtd.. W Sh 1st 45 2061 reg. Wash W P 1st bs ‘3y.. West'n Md 1st 48'62_. West'n Md 6%s “77._. WestaNY&P gn 48'43 West'n Pac 65'46A as. 8 W Sp Stl 1st Wilson & Co ¢8| ‘Wis Cent 1st gn 4s 49. Y'ngst'n S&T 3%8'51. ¥'n; S&T 4s61_. Youngtn S&T 65708 - 102% 102% 102% 1087% 10874 10874 102 1017 101% 109% 109% 109% 1067 106% 106% 392 3914 39% 101% 101% 101% 104 103% 103% 68% 68% 68% 72 72 72 87 8% 874 108 108% 1037 104% A bro 100% 100t 100% 106% 106 106% 110 110 110 4% 34% 34% 107% 107% 107% | New ¥ | score). | horns, ASSALESIMPROVE Newspaper Lineage of First Five Months Is 7.5 Per Cent Above 1935. Srectal Dispatch to The Star NEW YORK, June 29.—With its usual close correlation to general busi- ness trends, advertising during the first five months of 1938 continued to register substantial gains over a year ago. From an analysis of na- tional and retail advertising budgets, which are generally based on a per- centage of the sales figure, it is ap- parent that these incréased expendi- tures are not stepped-up appropria- ticns intended to stimulate trade arti- ficially, but rather the natural result of rising sales, according to the Stand- ard Statistics Co. of New York. Newspaper space sales, alded by a substantial increase in retail adver- tising during the past few months, have scored a material increase. Lineage for the first five months was 7.5 per cent greater than in 1935. Both magazine and newspaper ad- vertising lineage, at their seasonal peak in April, were the largest since 1931. Despite these gains, however, both were still about 31 per cent below their 1929 peaks, and, on a dollar basis, slightly further below record levels. For the second half of the y; the outlook for almost all types "of advertising remains highly promising. Newspapers in recent weeks have re- ceived heavy retail and automobile promotions to attract the veteran's bonus money. These campaigns should continue through July and a part| Lof August, bolstering lineage during these normally dull periods and ma- terially aiding earnings. CHICAGO, June 29 (#).—Retail newspaper advertising for the week | ending June 20 “broke all records for gains over the preceding year,” the magazine Advertising Age said today. The lineage outdistanced the corre- sponding period in 1935 by 34863813, the magazine's survey of 66 major | cities showed, or 22.9 per cent. The “efforts of merchants to secure their share of the bonus money” was responsible, the magazine said, for the bulk of the increase. It credited the rest to “better business conditions.” Washington Produce Range of prices in stores BUTTER—! | gathered from wholesale dealers (prices (0 nearby shippers based on Philadeiphia and rk prices): One-pound prints. car 3: 1-pound prints. carton -pound prints. carton (92 pound prints, carton (90 7 tubs (07 score), tubs (80 1. 15a17: lamb, N: fresh ham. ton (92 s (90 score) score). score). 1} ME mpound. 10'za | Prices paid xnlnpenvnu f.0b. Wash- ington. By the United States Bureau of Agricuitural Economics: ady and quiet. Cur- 2; hennery whites, v at 1al premium. . glarge. 10: S standards. Brown standecs lacze. B ’ LiVE BOULTRY Aerket on Rock ehick- ens barely steady with today's quotations mostly nominal. Fowl: Colored. 18a20: Leghorns. 16alS: roosters Chickens: _ Plymouth Rocks 3 18a20: " mixed colore few at Turkeys a s Xu at 16al7; No. ens Toms 14a15; 12813, Fruite and Veretables. Sales In larse lots by orisinal receivers AT TOES-ORe Maine. two North Carcling, Srrived, our wagioken eart in k. Truck receipts moderate: supplies demand light: market weak Carolina_and Eastern Shore Vir- L stave barrels Cobblers, U. 8. No. 1, 1 CANTALOUPES —Two _Arizona__ three California arrived; five broken and nine unbroken cars on’ track erate. demand moderate: | Californs nd 4 ponys. mand light: market steady. ~Gec South Carolina, Salmon. Ments d- 45 and 30s. 1.00a1.50; few bish * HONEYDEWS—Two California arrived: three broken and four unbroken ci Bupplies moderate: demand ght California, standard 95 175 HONEYBALLS—No carlot arri broken car on track 0a: b 5““““' 45s. CARROTS-——No “Catiot arrivals: three broken and one unbroken cars on_track. Supplies moderate: demand licht; market . Califo half-lettuce condition. 1. broken California. 15 crates, nd_ pre-cooled. 3 w York. '3 er CORN—One Alabama arrived: on e un- broken car on track: supp'ies light: de- market steady, ~Standard | orida, 1.50; North Carolin; CUCUMBERS_Supplies moderate: mand very slow: market d h Car: lina, bushel bampers. 50875, iy R 1.00: some refu LETTUCE—Five California arrived: five broken and eight unbroken cars on trac! supplies moderate: demand moders market dull. California. Western es. Iceberg type. five dozen. 3.50a3.75. few ONIONS—one Texas arrive broken ¢ demand one un- on ‘track: supplies moderate; oderate: MATKer Steads Texoe: 50-pound sacks yellow Bermudas, U. 8 commercial. 1.25. Tomato Prices Steady. TOMATOES—One Georgia. one South Carolina. {wo Tennessee arrived: five un- Broken cars on track supplies moderate; demand moderate: market steady. and 0a e Georgia Broken £nd okt anDroke aungnu moderate: demand Jlightly weaker. Georsis. U.S. No. 1. rived; three s on track: low: market 13-bushel ba 144-inch min nim: : »hushtl h- kets ' Jubilee. i g WATERMELONS ~Oné Florida. 1 Geor- gia arrived; 4 broken and 8 unbroken car: on track. ' Supplies moderate; demand light: market steady. —Georsin.’ bulk per 100 melons. 30-32 pounds aver. 008, 60.00 LI mand gt market dul Houth Catola. bushel hampers, %0082.35: fair auality. 175 EGGPLANT—Supplies ligh lignt: market 'steady. Florida, ampers EEEirs Suppites light: dem market steady. "North Carolina, hlm{efl gree! A—Supplies light; demand light: market nndy Florida. bushel hampers. 2.00a RIES —Supplies light: mand e market steady. crates. jersey. Caralina, e eveipt, heated. o50n T Cr 00 pes 2 HU RIES—Supplies light; de- mand lllm market steady. N ‘C ro- 2-quart era Y2 PRER m_mu.ml" ne" Supplies bulh.l d light: bushel lANGES-—T:n California arrived. 2 roken, cars on track: hoxel R0 1 "3.5024.50. a8 e 4ON8_—California, boxes, No. 1, 6.508 T !]‘ll° JERRIES—New Jersey, 30a35 per uunn 0 L. C. L. Express Ar: nu. 100% 100% 100% | buanel 100% 100% 100% 24 24 19% 19% 19% 100% 100% 100% 18% 18% 1% 108% 107% 101 99% 99 99 106% 106'% 106% — o T 53 ' Onina now has only 300 Hiovie the- | v 31 81% aters. o C‘e_s““"v'f"cné."e-m Joupes: ets cucumbers g:éi-r'lrfi"bo“'/.!-bmu h""xns'amo hes: askets uash; 12 Wull tintes tomatoes. Notth Gurolina—48 & auart crnhu hu Erates 45 nnknm origin. MONDAY, JUN Supplies mod- | crates, | de- | \E 29, 1936. Sales Volumes of Paper Box Firms Srecial Dispatch to The Star NEW YORK, June 29.—In keeping with the increased usage of paper boxes and containers, and the wider distribution of consumer merchandise, wholesale volume in units ranged from 10 to 20 per cent larger for the first five months of the current year than for the corresponding 1935 period, ac- cording to a survey by Dun & Brad- street, Inc. “Keen competition and the low price level, however, left the dollar volume about where it was a year ago. Em- ploying more help and working longer hours, manufacturers in the corru- gated and folding box divisions made the best showing. For set-up boxes, the gain in output was smaller. “Unit production of paper boxes last Fall was the largest in three years, and for the first five months of 1936 went 10 to 12 per cent ahead of the 1935 total. This was reflected in the operations of paperboard manufac- turers, which in October, 1935, reached 80 per cent of capacity, or 27.0 per cent higher than the 1934 compara- tive. The curtailment that followed ve monthly increases brought the op- erating rate for April, 1936, to 72 per cent of capacity, a rise of 10.8 per cent from the April, 1935, rate at 65. not seem to be in a healthy condition. Competition in an already overcrowd- ed field /has been intensified by the entrance of new manufacturers, and r | the spread of price-cutting has blocked all attempts to raise the level of quo- tations. The poor financial statements submitted by most manufacturers ex- plain the rising trend of failures for the first time since 1932.” FEDERAL LAND BANKS NEW YORK. 20 P.—Federal Land Bank Bonds (Quotations as of 2 o'clock.) June MONTREAL SILVER. MONTREAL. June 23 (P —sn\er fu- | Ytes opened steady. 18 higher to & low July. 44.850; September. | ber 44855, boB Money for Construction Loans and Loans on Improved Properties 52% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER Successor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MEMBIR BUILONG & ASJOCIATION COUNCIL LOANS ON IMPROVED i PROPERTY Nearby Maryland and Virginia 1 5Y2% Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 MONEY TO LOAN ON REAL ESTATE Attractive Interest Rates Convenient Payment Plans Our Real Estate Officers Invite You to Confer The WASHINGTON LOAN AND TRUST COMPANY Member FEDERAL DEPQSIT INSURANCE CORP'N.- was checked in January, and succes- | “On the whole, the industry does | FINANCIAL POLICY ADVOGATED £ Reversal Would Unleash Huge Recovery Forces, Bank Review Says. By the Associated Press. NEW YORK, June 29.—The month? ly survey of the Guaranty Trust Co. of New York says a reversal of public | policy toward the electric power in- dustry “would release a constructive force of tremendous magnitude in the struggle to restore prosperity.” | Stating that there are few directions | in which public policy at present is| working so clearly to the detriment of business recovery as in the electric | power industry, the review adds: | “The situation confronting the in- dustry as a result of Government com- petition and interference has once more been brought to public attention by the suit recently instituted by 19 operating utility companiesw in the Tennessee Valley area to enjoin the Tennessee Valley authority from fur- ther operation. “If a resumption of capital expendi- tures in the electric power industry should occur, it would, in turn, cons tute an important factor in the re vival of the durable goods industries | and in demand for labor. “The copper industry, the electrical equipment industry and th® various | building material industries would ex- | perience a marked increase in the de- mand for their products, and employ- | ment in these industries, as well as in | the bunldmg trades, would be mmu- late and Offer Commercial Credit Company 4Y4 Cumulative Convertible Preferred Stock at the Market € Quuunons Bk of Man (1% Bankers Ty () Cont Bk Gors B & T ‘-rm' e 4 467 1305 ¢ 10380 500 5 RUBBER FUTURES. NEW YORK. June 29 (#® suiires o —Crude rubber ned steady. 2 lower to 1 September. 16.08-09 3::2:!:- BY2% &, i cured on new constructed and pl ned Washington dwellings and business properties. FIRST TRUST LOANS Long-tenn REFINANCING . . . Lowest Rotes . . . 3-Year Con- struction Loans . . . 5% S%% BOSS & PHELPS MORTGAGE CO. Loan Correspondent John Hancock Mutual Life Ins. Co. 1417 K 8t N.W NA. 9300. 5% In over 20 years. no savings er Invest With Confidence mortgages on homes this assoclation maint fidence of its depositors. Our latest financial report mailed on request. CONSTRUCTION LOANS in District of Columbia or nearby Maryland SIX MONTHS INTEREST COMMISSION 1% TO ONE YEAR 5:% Extensions at a lower inter- est rate for any term up to 20 years may be arranged. H. L. Rust CoMmPANY 1001 FIFTEENTH STREET NATIONAL 8100 ON YOUR VACATION fead THE STAR . keep in touch with home Mail or leave your ad- dress ar itinerary at The Star Business Office and The Star will be mailed to you with the same dis- patch as if you were in ‘'your own home in Washington. R R R e e e i : I RATES by MAIL Payable in Advance Maryland and Virginia Even; &5undsy Evening Sunday One Month, 85¢ B80¢ 40e One Week. 25¢ 15¢ 100 . Other States and Canada Evening % & Sunday Evening Sunday Fededokdededokiok A kb Ak d Ak Aok 3 3 i he Foening Staf