Evening Star Newspaper, July 1, 1936, Page 21

FINANCIAL. CURB LIST DRIFTS TOLOWERLEVELS Moderate Losses Recorded | Except in Clique of Spe- cialty Issues. By the Associated Press. NEW YORK, July 1.—Aside from formidable run-ups by a clique of spe- cialty securities, curb stocks fell back for moderate losses today McWilliams Dr g standing exception to trend and by the moved up more than nouncement of a 100 per cent stock North American Light & in demand and n 3 points. New | point or so. made was an out- e general hour had 5 points on an- fin; advanced m Jersey Zinc Pittsbu 1lar ined a (‘n 58 one of the hea off more tha acturing lost nd Alumint d more than 2, Draper Corp. wa d so Co. of America dec n Chemical, lower. Slcei@‘ép Raisc(l otrole | Orecle. Bebaleumil/ e oiqis i ssipr ily private wire direct to The Star. Stckanc Sales— Dividend Rate. Add 00. High. Low. Close. Aero Suppty (B) 2 3% 3% 3% Air Investors Inc 215 213 2 Alabam Pw pf(7) 50s 74 734 74 Allen Indust (1) 20 19% 19% Alum'nCoof Am 13 134121341 Aluminum Co of Am pf (115) 1008116 115% 115% Alum'n Ind (40c). 50s 124 12% 12 Am Book Co (4)__ 20s 72 Tl AmCapital (A) _ 1 i/ AmCitlesP& L (A) (3) 100s 45 45 AmCity PEL (B) 2 6% 6% AmCynam B60c. 11 5i% © AmG&E (1.40)__ 15 38% 37 Am G&E pf (6) .- lSO'lH 113 114 Am Gen Corp 3 8% 8% Am Hard Rubber 200s 39 28! 7008 17 | Am Laundry(40c) 1 Am Lt&Tr (1.20) 6 1 s Am L&T pt (1%3) Am Mtz Co ___ 100 Am Maracatbo 2 Am Potash & Ch_.200s 2f Am Superpower . 46 Am Superpwrpf. 6 Am Superpower 18t pf (6) Am Thread pf (25¢) Apes Elec Mfg___ Arcturus Radio T. | Ark Ark Nat Gas (A)_ Ark Nat Gas cu pf | Art Met Wks 60c_ |AssoG&E - AssoG & E (a) _ Atlas Corp (a4uc) Atlas Corp war Atlas Plywood Austin Silver Babcock& W1l (1) 1758 82 81 | Bauman (L) 7% tpf s 51 50 Cents Per Ton! o5 o % In Chicago Arcalt B5 the Associated Press NEW YORK, Jul quotations in the Chuc :\r\enxcd 50 cer Co. manufacturers in the Chicago d have paid $13. 5«» at ting mate §13 ]m d for the Recently the marki nominally at §12.75-513.25 a to BONDS ON THE CURB MARKET DOMESTIC BOX islack & Decker . ss5Co (E W) t « Biue Ridge Corp 2 o6 2% ecvpfl 5 Roll B (1) “atalin Corp 3 108 ‘1m<«1=v PL(T) 505103y ctrie 7% pf. 130s Service 82 ervicept 16 ervice (B) ve pf(BB) FFAU‘A) b'nul!& monw'Ith Dis Com'with Ed (4) Com'with & S war & toval (208)- Cooper Bessemer. | Crocker Wheeler. | Croft Brewing Crown Cent Petr. 2| Crown Cork int (A) (31). % ) Crown Drugallc. Cust Mex Mining ort H (1) - Lictosraph(alsc) Doenler Die Cast Dow Chemical (2) | Draper C (12.40) Lead 1 (al0c) | Eastn GEE pt | Eastn Sta Pw (B) Easy Washing Mach B (150). _ Elec Bond&Share Elec BA&Sh pf(6) El Pwr Associates % | Elec Pwr & Lt optl war |4 | Elec Pwr & Lt = s | Elec Sharehold'g !’ 222°2 i'. 2 - Eouth N G 6s B W Pu s\c s A Ernnrl < ] s = 255 f013 1002 3 72 2255599554, s s 10 u.u 1o i w'l'. lul‘. 1031 FOREIGN BONDS. 47 M&N 432 s s A erni So Alas A ‘63 o G gan Www—With warrants. xw—Without war- ragts no-New, wi—When issued. st (stp) Necoriability impaired by maturity. tCompanies reported in receivership. e ‘Wesson Ofl & Snowdrift Co.—Com= mon share earnings, nine months end- | Jersey Central 1Mly 31 were $2.14, against $3.28. ‘ P&Lpf (6).... 305 90% 24 pf (A) Elgin Nat W a75¢ 100 Emp G&F 6% pf 258 kEmp G&F 7% ot 150s Equity Corp 22 European Electrie Ltd bd rts Evans Wall Lead Ex-Cel-O A&Tool Fanny Farmer Candy (50c) Ferro Enamel (1) Fldelto Brewery _ 1 Fisk ubber __ 3 Fisk Rubber pf___ 25s ntkoteCo (1)_. 6 Ford Motor (Can) A (a75¢).. 2 Froedtert Gr & M cv pf (1.20) Gen Alloys __. Gen Electric Ltd reg (b37%e) - Gen Lnvest Corp.-. Gen Out Adv pf__ Gen Tel (a2be) .- Gen Tire & Hub__ Georgia F'w pf(6) Glen Alden C (1) Gorham vte ex(1) Grand Nat' 1Film Grand R Var(60c) Gulf Oil (1) Hartman Tob Harvard Brewery Heyden Chem(11) Horn&Hard(1.60) 400s 3614 Horn&Hard pt (7) 20s ll‘h‘fi 107% 107‘/2 Hudson BM&S(1) 3 24 237 24 Humble Ol (1) 10 63% 62% 63% Huyler’s of Del. 1. % 3 '3 Hygrade Food 1 4 4 4 Hygrade Svl (2)_. 25s 36 36 36 111 PEL 6% pf___.400s 511 49% 5l 11l Pw&Lt 86 pf__ 1050852% 60% 51 Imp O1l Ltd coupon (150¢) . 20% Imp O11 Ltd reg (150c) - 20% Imp Tob Canada (t35c) 1 13% Ins Coof N Am(2)150s 71% Intl Metals Inc A 100s 613 612 int Mining (60c). 2 11 10% Intl Mining war__ 6 3% 313 Intl Petro (11%). 11 35% 354 Intl Utll (B) . 18 1% 1% Intl Util warnew. 1 1§ 4 % Intl Vitamin t40c. 4 6% 6% Interstate Power (De!) pf 2808 25 25 InvRoyaltyall%._ 1 & & m iron Fireman (1) 508 25% 25% Ital Superpwr(A) 1 1% 1% Ital Superpower 508 @ e 25 2 5 101 M ps 7w =) 421 20% 20% 133, 1% debrights ... 9 % w ersey Central P&L 5%% pf.... 258 85 85 THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JULY 1, 1936. Stock and Dividend Rate. AdS 00, High. Jersey Central P&L (T 10l 998, Jonas & Naum _ 3% Jones&Laugh St1 xons 331y KansCity PSvie 1 # Kansas City Pub Svevtepf A . 5% Kingsbury Br (d) 24 Kingston Prod ... 44 Kirby Pet (20c) . 17 4% Kress (S H) spec Pt (60c) Lake Shore M (4). Lakey Fy & Mach Lehigh C&N(30c) Leonard Ot Lockheed Alrcraft Lone-Star Gas 40¢ Long Island Light of (B) (6) La Land (40c) Lyneh Corp (2) - McWms Dredg(4) 550l 891y | Mangel Stores __ 1 4% | Massey-Harris 1 5% | MemphisNGaz2oe 1 5% ;| Mercantile Stores. 2 | Merch & Mfrs(A 6 Merritt Chap & S_ MichGas& Ol .. 1 Michipan Sugar__ 6 n & MNf 111008 wk Hudsen ist pf (4) wic 1124 pf Molybden Montana- Montreal H Lt & Pwr (1%) 1 | Mueller Brass 80e 1 Nach 4 | Nat Auto F 1 Nat Bella Hess ¥ Nat Gypsum (A)- 2 Nat Leatner - NJ Zinc (72) --200s New Brad Oal0c_. 2 Newmont Min (2). 2 N Y Telpt (6%)_. 258119 | New Process (2)_. 1 26 | Nag Hud Pwr b4 11% ra Hudson l'm (A) war _ Noma Elec (as0c) NorthAm L& P 14 4% North AmL&DP pf 2700856 Nor Am Util Sec .. North n-Euro Ofl_ ! Nortnern Powe I Istpf (13) _ _ Pac Lizht's pf (§) 25810 pec O had (b20e)_. 80 Phoenix Seeur . Phi JLB\!‘C! o es(60c) | Rak pfi7) Pierce Governor Ploneer Gold Mines Ltd (30¢) Pitney owes P M (3le) Pittsb'gh l’G(fZ) Piut& LE (12%) ouch, Inc (1.20) | A’o rero Sugar Premier Gold t12¢ Propper McCall'm PubSve Indpt__ | Pub ind pr ot ub Ut Sec pr pt Pug S P&L §5 pf 5 Puget Sound Pwr & Lt $6 pt Quebec Power (1) " (SR 508 Saf Car H&L (4). St Anthony Gold_ St Izegis Paper_ | St Regts Paper pt 1t Creek P(80c) Real E(d) i \ehuen ilndus _ | Sel Indall cts 6% 1008 Sentry Safety Con 1 eton Leather Shattuck Den Mip Sher Willlams(4) 1 Singer M Smith C onotone |l§C| - Southn Calif Ea Dt (C) (1%) Sou | Spencer Chain St Square D Co | DLA (220) Stand Brewing Stand C & S 12.40 Stand Dredg cv pt Stand O1l Ky (1)_ Stand Pwr & Lt__ Stand P& L (B) Stand P& L pf. __ S1&L (ale) terling Br ) Stroock & Coatse Stutz Motor Sullivan Machine. Sunray 011 Sunshine Min (2)_ S D Emofas - S‘\'Iss 0il (120¢) Taggart Corp __ Tasteyeast(Del)A Taylor st (b3) . Technicolor Inc Teck Hughes t40c 10 Texas Guif Prod 18 Texon O & L (60c) 1 Todd Shipyard (2)150s Tonapah Min a3e 1 Trans-Lux Daylite Ple Sn (20¢)___ Tubize Chatl (A)_ Tung-Sol Lamp n Twin Coach(a20c) Unit Alr war _ Unit Corp war._, Unit Gas Cor Unit Gas C war_ Unit Gas Corp pt_. Unit Lt & Pw (A). Unit Lt & Pw (B) Unit Lt & Pw pt Unit Milk P(a50c) 50s Unit Shoe M 123y 4255 US Foll(B)(60c). 6 Unit Storesvte___ 1 Unit Verde Ex(1). 1 ‘Jnit Wall Paper_. 10 Utah Apex - & Utah Power & Lt Df (32.33 1-3)__ 100s Util Pwr & Lt 35 Utll Pwr & Lt pf. 1350125% Utlca GEE pf (7). 108 9915 Utility Equities _ 4 33 Utility Eq pf(3%) 508 77% Utllity & Indus___ 13 1% Utility & Induspf. 8 Venezuela Mex O_. Venezuela Petrol _ o1 on 1% Voght Mfg Co (1). Wayne Pump_ W Va Coal & Coke Western Auto Supply (3) A West Tabulating &Stavte (t1) 2 26 Westvaco pf (7) - 258100% Wright Harg t400 13 8% Yukon Gold 3.3 nuai rate—plus extr: dends. aPaid this year. dCompanies reported being reorganized. ePayable Ex-dividend. - NEW YORK CURB MARKET Low. Close. 99% 3% 33y 4 5% 2w 4% 3% 8T . 521 1% 9% 3 315 831 119 119 26 26 11 11 51 x| LABOR SITUATION WATCHED CLOSELY Fears Are Eased by Study of Industrial-Employe Disputes of Past. BY BERNARD S. O'HARA, Associated Press Financial Writer. NEW YORK, July 1.—Because of what has happened already and what may eventuate in the next few months the labor situation has become a major topic of discussion throughout the financial sector. Commentators who are well in- formed on the historical side of indus- trial-employe conflicts seem less ap- prehensive than some others over the threatened disturbances in the steel industry. One expresses the view that “a cer- tain amount of labor trouble should be considered one of the phenomena | attending a return to industrial | health, and is not to be viewed V~1lh any great alarm.” And at the same time his analysis casts a few crumbs of comfort to se- | curity holders given to the habit of | the jitters when their companies are | confronted by strikes, The year 1934, he points out, wit-| nessed several upheavals, including the longshoremens strike on the Eastern and Western Coasts and & severe dislocation in the textile in- dustry, but in spite of the widespread fears of industrial losses while the | strikes were in progress the security | markets he found, were not substan- tially affected.” Turn to 1919 Records. To satisfy & ¢ tv as to the action of the steel shares during an | arlier labor crisis some Wall Street | statisticians have turned back to the | records of 1919 That was the year William Z. an'm waged a drive for organization of mill workers under the auspices of the I. W. W. while the agitation was {on, the steels on the Stock Exchange, sagged a little day by day, much as they have been acting since the pres- | ent’situation became a real source of worry to the manufacturers, according to the investigators. The Foster moveme reached its ax late in the Summer or early with the order for a walkout, was obeyed by ted, the and con- | inued generally pward trend | or the brief duration of the strike, Drought Also Studied. The drought situation in th wheat belt 1s somewhat distt |analysts who have been forecasting a teel shares return of prosperity this year for cer- ! {tain of the Northwestern raliroads. | | On the basis of improved loadings of | {iron ore, forest products and miscel- | | laneous freight, it was calculated that roads like Great Northern and North- {ern Pacific stood a good chance of showing increased balances applicable to their stocks. | { This, of course, also took into ac-| count the prospects of good grain | ‘namc. a promise which it is now | thought may have been dimmed some- | what by the long stretch of dryness. It is still quite generally believed lin financial quarters that the two | “northerns” will do better than last| year, but it is also admitted that the | | optimistic predictions mey fall short of fulfillment if the drought is not 51, | relieved soon. | can: amn Equ! 28y 9y 13% 137 1% 8% 13% 137 1% 8% 2 2 - 113% 115 % 25% 26 100% 100% 8% 8% 2 2 Dividend rate in dollars based on Iast quarterly or semi-annual payment. tAccumulated divi bPaid in receivership tAn- st yea in stock. fPlus partial distribution of assets. RAILROAD INCOME. NEW YORK July 1 (@, portin o} ed tot 1nclud!d. 1} e e o May_het overating income (be: ‘sea”and other income) 1935 ‘estern Pacifl X 422 ”‘W(nr_nmzhc (x) lllB 599 l'lfl e DIVIDENDS ANNOUNCED NEW YORK July clared (prepared by s Corp.): —Dividends _de- he Standard Sta- Pe- Stk of Pav- . Rate,riod. Fecord. able. y I8 2 1 Gener al Inves: = Trust A 121 3 Sharenal ders Corp. Bt AA B2 oo BB ($100) Universal Trust Sha bearer 13 Upgessit. Metal can' Corp Cons sz wi’v pt_$1 fl Corn Exch Bk Tr co G Amer Inc Co Howey ‘Goia Mines Lid Loose-Wiles Biscuit Co_ Do. pf $1 Plymouth Oil Co Sonotone Corp #ic cum cvpf §1 par-______15¢ NEW YORK BANK STOCKS NEW YORK. July 1 P —New York Security Dealers' Association (Quotaticns as of 2 o'clock.) Bk of Man (1'2) Bankers Tr (2) Cen Han Bk & Tr l41. Chase Nat (1 Chem Bk & Empire Tr (1)__ First Nat (Bos) ( First Natl (100) Guaranty Tr (12 Trving Tr (60) Manufacturers Tr (ia) Nati City (1) N Y Trust Public_(13) Title G& T a—Includine extras, FEDERAL LAND BAN‘KS NEW YORK. July 1 (#).—Feder: Bank bonds deel Lana (Quotations as of 2 o'clock.) s Nov., 193 NEW YORK SUGAR. NEW YORK. July 1 (®._Raw sugar was aulet eatly today and vrices were un- changed at 3.75 for soots. with no sales Tepo; Futures 'ere somewhat !rrnulu dur- ing the early trading. with the near months re]ltl\'ely steady on unnered ering and trade buying. while crop delis giies were a little easier under liquid tion. Trading. _however. small with operators generally mcuned to limit com- mitments and awalt a revival of business T ‘the. spot market ing around the mid-day hou: n refined withdrawals proportions and prices were uni 5.00 ne lnnul-ten sugars were quoted at 4.85, FREIGHT LOADINGS. Sy R R L railrgads report today tor week .m& June 27 md""’ed - er;‘ of fair anged at while resale ew York Central’ p 48 Horinars on 226! Pif l“" & Il inots Central. 0.3 E.I"” & West._ 35.203 Stage of Business as Reflected in .4 Leading Barometers (Continued From Page A-18.) Stocks and dividends in dollar: Plymouth Oil Pond Creek Poc Foor& Co B Porto Rica 161 2612 194, ‘resced Steel Car (d) essed Steel (- ,w.f:n 21,100 8,600 391800 1,227, Iprpt A (6)- per ere Copper A s Metal (1) nolds Met cv pf(5%) wolds Spring (1) 000 400, 42,900 700 I'U le 199,000 e Retail Strspf___ ott Paper (1.80) aboard Air Line (d)__. Seaboard A L pf (d) .- Seaboard Oil (1) Seagrave Corp Sears-Roehuck (2) - Second Natl Invest Second Nat In pf (21 Servel Inv (66c) Sharon Steel Hoop on Steel H pf (5) harp & Dohme harp & Dohme pf (312) Shattuck F G (30¢) Sheaffer Pen (2) Shell Union Oil ___ Shell Union Ol pf (3 Silver King C M (40¢) Simmons Co , Simms Pe Skelly Oil Sloss Sheffield Steel pf__ Smith (A 0) Corp'n Snider Packing Socony Vac Oil (40c) Solvay Am pf (3%) 0 Am Gold & Pla2ic _ So Porto Rico Sug (2) So Porto Rico Sug pf(8) South’n Calif Ed (1%2) Southern Pacific = outhern Railway. ___ Southern Railway pf South'n R M&O ctfs (4) - Spalding (A ) 11% palding (A G) 1st pf 7R pang Chalfant pf(i51z) 109% parks Withington Spear & Co Spear & Co pf (312) Spencer Kellogg (1.60)_ Sperry V & C (b25¢) Spicer Mfg_______ Spicer Mfg pf (3) Spiegel May Stern (3)__. Spiegel M S pf (6%2) Square Deal Co B (50c) . Stand Brands (80¢) Stand Brands pf (7 Stand Com Tobacco Stand Gas & Electric_ Stand G & E §4 pt (d) Stand G & E $6 pf (d) Stand G & E $7 pf (d) Stand Invest Corp Stand Oil of Calif (1)~ Stand Oil of Ind (1) Stand Oil of Kansas__ Stand Oil of N J (1) Starrett (L S) (1.40) 79,200 Sterling Products (3.80) 38,100 Sterling Securities (A) . 30,100 Sterling Securities pf._ 3,300 Sterling Sec 1st pf (33)_. 338,800 Stewart Warner (50c)_—. 5314 2410 21% 14% 91 124 67,800 Superheater (50¢) 405 1,156,300 Superior Oil_ 115,700 Superior Steel_ 80,000 Sutherland Paper (f1)_. 15,900 Sweets Co of America. 817,700 Swift & Co (1) 93,400 Swift Intl Ltd (2) 46,000 Symington (d) 80,900 Symington (A) (d)- 53,400 Telautograph (§0¢) 352,000 Tennessee Corp.. 898,900 Texas Corp (1).__- 307,400 Texas Gulf Sulphur (2). 846,200 Tex Pac Coal & O a25c. 514,200 Texas Pac Land Trust_ 11 Texas Pac Land Tr(old). 36,200 Texas & Pacific RR_ 41,300 Thatcher Mfg (1) 4,600 Thatcher Mfg pf (3.60) 19,500 The Fair__ 10,200 Third Natl Inv (a! 15,100 Thompson (J R)(-’mc)... High. Low I+ i+¢44] #1 4 | 1% (e 1% 5% 244 2% 1% PER CENT OF Ratio of Operations to Capacity of Steel Mills CAPACITY (Weekl &L_JFM AMJ JAS OND [y Half Year's Stocks and dividends in dollars. 50 Thompson Prod (a30c) Thompson Starrett Thompson s 694400 Tt Sarer Asne (00) 34.300 Tide Water A< O pf (6)_. 490 Tide Water Ol (2) 749,400 Timken-Detroit Axle 2,600 Timken-Roil Bear (12 Transamerica (aioe) anscontl Westn Afr_ ansue & Williams_ Tri-Contl Corp Tri-Contl Corp pf (6 Truax-Tra Coal_____ Truscon Steel = Century Fox Film Cent Fox pf (112) 500 Twin ¢ Rap Transit Twin City Rap Tran pf ond (al) ted Dyewnod pf (7) ited Electric Coa d Eng & F ed Fruit (3) vie ther A vie 164,900 200 200 040 10,600 1st pf pe & Rad (d) Corp pf. ium Corp Raalte 1st pf (7) Chemical (t2) _____ bgh & Shrevpt (3) - Caro Chemical __ 700 Va-Caro Chem 6% pf Va F,lev&l'\nrp{ 45) Va Iron Coal & Coke____ 600 V'a Iron Coal & Coke pf 800 Va Railway pf (6)____ 20 Vulean Detin (a$)___ 200 Vuican Detin pf (7) Wabash RR (d) Wabash RR pf (A)(d) Wabash RR pf (B)(d) Waldorf System (50c) Walgreen Co (2) Walzreen Co pf (61 Walker (H) (2) Walker (H) pf (1) Walworth Co (d) Ward Baking A __ Ward Baking B____ Ward Baking pf (3)_ Warner Brothers Warner Rrothers pf Warner-Quinian (d). Warren Bros = Warren Broscv pf___ Warren Fdry & Pipe o). ‘Waukesha Motor (160c). Webster Eisenlohr_ Webster Eisenlohr pf Wells Fargo £ Wesson Oil & Sn (130e)- Wesson Oil & Sn pf (4) . West Pa Elec A (7) West Pa Elec pf (8) West Pa Elec pf () West Penn Pwr pf (€)_ West Penn Pwr pf (7). Western Maryland__ Western Md 2d pf Western Pacific Western Pacific pf__ Western Union (a2) Westinghouse A B (1) Westinghouse Elec (4)_ Westingh'se 1st pf (312) Weston Elec Inst (a25c) Weston Elec Inst A (2)- ‘Westvaco Chl (40¢) Wheel & Lake Erie_ ‘Wheel & Lake Erie pf___ Wheeling Steel .. __ Wheeling Steel pf (32)-. ‘White Motor . White Rock M S (1.40) White Sewing Machine__ White Sewing Mach pf. Wilcox Oil & Gas_. ‘Wilson & Co (50¢) - Wilson & Co pf (6) ‘Woolwerth (2.40) __ Worthington Pump Worthington Pump pf A .500 Worthington Pump pf B 14,930 Wright Aero 31,800 Wrigley (Wm Jr) (13) 33,100 Yale & Towne (60c) 1,929,900 Yellow Truck. . . 21,100 Yellow Truck pf 103,600 Young Spr & Wi ) 554,500 Youngst'n Sheet & Tube. 6,100 Youngst'n S&T pf(34%) 504,000 Zenith Radio__. 282,600 Zonite Product: Dividend rate as given in the cash payments sed on the lat declarations. tAnnual rate—not including extras. s Paid this yesr. bopsid last year. receivership or being bov: FINANCIAL. 34 A7) OIL MEN CHEERED AS DRILLING LAGS Many Major Firms Order Tools Stacked at End of Active Period. Ey the Associated Press TULSA, Okla, July 1.—A distinct slackening of drilling activity was an encouraging sign today in the produce ing end of the oil industry. Many of the major companies had orders out to “stack the tools” until Autumn, a development which marked the end of the feverish exploratory work of the Springtime and early Summer. Most companies planned for the next two months only necessary ling to protest their leases. Lease brokers here reported little or no interest in their line as the industry went into the | Summer doldrums | The combination of decreased State | allowables and curtailment of dmhri gave every indication that the industr despite its 10.000.000-barre] excess nf refined gasoline at the beginning of the heavy consumption season. would find itself in a very comfortable posi- tion by Fall. Daily Output Climbs. NEW YORK. July 1 # —Dail average gross crude oil production in the United States increased 5.750 bar- 7 :.—L' - % 33% 35 + A 8% + 8% 831z 131% +44Y% 42% 4219 — 3% 68 41% 61% +15% 118% 105 118% +13% 26% 11% 25% +11% M 5 6 — 1y table are the annual quarterly or half-yearly $Accumulated dividends. Companies reported in A \ rels in the week ended June 27, t» taling 2,969.150 barrels, the Ame: 1 | Petroleum Institute's weekly summa: indicates. Da average product east of Califor) barrels to 2.39 Reports received f; panies owning 89.7 pe estimated daily poten pacity, and which was operated a per cent of potential industry as a whole r based upon refineries rep: per cent of the total which operated capacity. dehne Stoks Dmp Finished and s stocks at refine G i 60.214,000 ba; - the pr week, compared with rels as of the end of as a whole 670,000 bar compared e and refined o principal United States ports 1.297.000 barrels, a daily ave 185286 barrels, aga 858 07 rels, a dairy average n' 126857 rels for the previeus we >~ CHICAGO LIVE STOCI\ FIRST TRUST LOANS Reasonable Rates ana Commissions Tyler & Rutherford, Inc. 1520 K St. N.W National 0475 esoondent nce Co. Money for Construction Loans and Loans on Improved Properties 2% FIRST DFED OF TRUST ONLY GEORGEL. BORGER Successor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. FOR INVESTMENT First | Mortrage Real Estate Notes, well e cured on new finely business propertles. We Bave funds ‘avalable for toans on “uhm ary ori 5% and 512%. Prompt attention to lDl“l‘ tions. Ruwnxhh commisslens. BEALL & HOWARD. Mlembers Mortzats BAnKon Asociatton of America Established nea NA. 0271, SotThERY BUILDING Refinance " Your Home With a 'F.HA Mortgage Loan p to 807 of actual valuation. Frederick W. Berens McLachlen Blds. Phone National §280 Mortgage Loan Correspondent Security Mutual Life Insurance Co Massachusetts Protective Companies %% MONEY AVAILABLE Construction Loans Loans on Improved Properti in the District of Columbi Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 Reinvest July Funds in Massachuserts Investors’ Trust Send for Prospectus S. Goulden & Co., Inc. Woodward Bldg. Natl. 2000