Evening Star Newspaper, July 6, 1936, Page 15

FINANCIAL. EURB LIST GOES ‘UNEVENLY HIGHER Oils and Specialties Take * Lead—Alumirum Co. Prominent in Rise\. BI the Associated Press. NEW YORK, July 6.—Oils and spe- cialties led the curb market irreg- ularly higher today. Up fractions to 4 or more points were Aluminum Co. of America, Creole leum, Gulf Oil, road and New Jersey Zinc. of fractions te a point or so tered by American Gas & Sunshine Mining. Wayne Pump and Jones & Laughlin Steel. Pullman Co. Cuts Deficit for May " To $130,719 Level B tne Associated Press. CHICAGO, July 6.—The Pullman | C., sleeping car affiliate of Pullman, Inc., announced today that transpor- tation operaticns for May showed a Ceofielt after taxes of $130,719, com- | ired with a deficit after taxes of £299,021 in May, 1935. Gross income for May was $4,16: ¢ ompared with $3,660.455 in ) The five months' gross vear was §! 838 last year. this For the first five months of 1936, | the company showed a net income &fter taxes of $993,374, deficit after taxes in the comparable period last year of $1,802,663. APPRAISAL OF AMOSKEAG ASSETS SHOWS JUMP| B) the Associated Press. BOSTON, July 6—An appraisal of the assets of the Amoskeag Manu- | facturing Co. of Manchester, N. H,, submitted in Federal Court set the plant's value at $4.500,000. an increase of $2,000,000 over the fil set in an appraisal by a com- #pany official last year. The new appraisal was made at the request of Attorney Edward Hale, counsel for Frederick Prince, financier. | The previous appraisal was made by F. C. Dumaine, treasurer of the com- pany, Arthur Black is sitting as master in the hearing in which the com- pany is seeking permission for finan- nization. ' BONDS ON THE CURB VIARKET DS. Lm\ ;‘Lm‘ :' $| Balto’(3 60) X 3674 28 ) RS PP Pantepec Oil. | 442,263, against $19,272,- | against a | This was | an | ” | Distilled Liguors. 1 | By private wire direct to The Star. Stk anc Dividend Rate | Acme W vte () Ala GrSou (al%) 50s 514 | Ala Pwr pt (6) 1208 70% Alabam Pw pf(7) 90s 80 | Atum n Coof Am 3508 131% Aluminum Co of Am Df (134) 5081164 11615 1161 AmCynam B60c 11 34 33 8% Am District Tel NJcvpf (7) . 258126% 126% 126% 4l 4w 4y 20 Low Close 42 42 514 514 691y Tl 79 80 12841284% Am & For Pw ww 1 Am Fork & H (1).475s 20%; 20 Am GEE (1.40) _ 11 40% 39% | Am G&E pZ (6) ... 25s113% 113% Am Gen Corp . 4 8% Am Gen C'p $2 pf 1008 333 Am Hard Rubber 2008 374 i Am Laundry(40c) 1 224 | Am L1&Tr (120) 6 ".K Am Maracaibo | Am Superpower . | Am Superpwr pf_. Am Superpower 1stpf (6) __. Anchor Post (d).. Apex Elec Mfg Arcturus Radio T Ark Nat Gas > Ark Nat Gas (A). Ark Nat Gas cu pf Art Met Wks 60c. AsSOG & E | Asso G & & (A) AsSs0oG & E §5 pf.. | Atl Coast Fisher_. Atlas Corp (a40c). Atlas Corp wa Austin Silves Black & Decke: Biiss Co (E W), Blumenthal S | Botany Cons (a)_. Bower Roll 5 (1) Bridgeport Mach Buckeye P L (3) Buftaio Niag & E P pt (1 6u) Buffalo Niagara & Estpt 18t pf(5) 1008107 Bunker H&Sul(12 25s 80 | Butier Bros ___ . 9 Cable El Prod-vte Cables&Wire(B)_ | Calamba Sugar Estate (11.60) .. Can Indus Alco A- Can Marconi_ Carib Syndicate Carman & Co B_ Carnation Cb (1 Caro L&P pt (7). Carrier Corp 5 4 11 A | Catalin Corp 10% 10 10 ; Celanese 1st pf(7) 50s103% 103t3 103%2 ! Celanese prpf (1) 50s110 110 110 | Central Pwr & Lt = pf (313) .. 350s 72 |CenteSWOur._ 6 21 Cent States Elec.. 11 2% Central States Electric 7% pt Chi Flex Shaft 12 s 471 | Ciues Service 43 4% | Cities Service pt 11 65% Citles Service (B) 2 6k Cities Sve Pwr 2‘!. 1063 80 454 { 50s 641 Cities Svc P& L $7 pt City Aut Stpg 60c Claude Neon Lts Clev Elec [llu (2) Colon O11 (d) . | Colt's PF A (1%) Columbia Gas & Elev cv pt (5) Columb Oil & Gas Com'with Ed (4) | Com'with & S war { Community PL | “1stpt 30 Community Wat 8 1% Como Mines ___. 2 & Consol Alrcraft 15% Cons Copper ... 3% | Conso1 Gas of 3008 107'5 27 4w 1107% 18 % 90's Cons Min & Sm (1) 258 54 | Consol Retall Strs §% pt (34) 108 Cons Royal (20c). & Contl Gas & Elee | prpt(7). | cord Corp _ - Corroon & Reyn ... T *| Crane & Co 15 ole Pet (a25c). 9 cker Wheeler_ 1 6 4 90 920 215 2 loUs 100"z 100'y 20% 26% | 1 Croft Brewing .. | Crown Cent Petr. Crown Cork Int (A) (31) 2 Crown Drugalle. 4 Cusi Mex Mining 18 Derby Ofl&Ref pf 200s Detroit Gasket pf ww(@20) - 1 Detroit Gray iron Foundry (20c) Dictograph(alsc) 6 17 20 13 19 11 Doehter Die Cast 133 Dow Chemical (2) 1116 Oraper C (12.40) 108 | Dubelter Condens 1 Duke Power (3) . 258 7 | Duval Tex Suiph_ Eagle Picher Lead (al0c) Eastn G&F Asso Eastn States Pdr | £dison Bros(1.60) lec Bonad&Share | Elec Bd&Sh pf(5) | Elec Ba&Sh pf(6) | El Pwr Asso (A) kilec Pwr & Lt 20 pf (A) mp Dis Elec pf imp G&F 6% b | Emsco Derrick(1) Equity Corp European Electric Ltdbd rts 0 i Bx-Cel-O A&Tool. 3 Fanny Farmer Candy (50c) Ferro Enamel (1) Fidelio Brewery Fisk Rubber Fisk Rubber pf___100s 57 1 5 6 1 | FlintkoteCo (1).. 8 FlaP&Lpt Ford Motor (Can) A (a73c).. 3 2 Ford Motor Ltd (alf 1-10c¢) . : Froedtert Gr& M oV pf (1.20) Gen Alloys Gen Electric Ltd reg (b31c) . 2 Gen Lnvest Corp.. 1 Gen Out Adv pt.. 2008 Gen Tel (azbe)...* 1 Gen Tire & Rub 258 50s 2008 | N Y Steam 1 14 | n‘ a * | Pac Tin spec (12) 41, | PUES PEL $5pf 6 758 an | | Ry&Lt Sec(azsc) a5 | Richmond Rad .. | Shenandoah THE EVENING STAR, WASHINGTON, D. C, MONDAY, JULY 6, 1938. NEW YORK CURB MARKET Stock and Sales— Div'dend Rate. Add 00. Hi Kan=as City Pub Sve vte pf A Kingsbury Br (d) Kingston Prod - Kirby Pet (20c) .- Koppers Gas & Coke pf (6) Kreuger(G)Br(1) Lake Shore M (4). Lakey Fy & Mach. Lehigh C&N(30¢). Leonard Ol1 Lit Brother: Lockheed Alrcraft Lone-Star Gas 40 Long Island Lizht Long Island Light of (B) (6) La Land (40¢) . MecCord Rad (B) McWms Dredg(4) ZDOI Marconi Inter Marine (a18.3¢) Mead John (13) Merritt Chap & 8§ Mich Gas & Ol .. gh. Lrw. Close 6% 64 1% 1% 4 4 4% 4% 508 103% 103% 103% 23 23 28 58% % ™% % 4 % T 10% 4% 4w 8015 80 11% 11% 9 L 87% 86 58% * ™% 2 % 102 102 XO" ™ TN 3% 1% 6 314 39% 26 1 1 4 3% 2 1% 3 6% 4 3 Co (2)__.1258 3914 la Voe ( 2 26 n ist pf (4) .. 300s 99% 98 Mohawk H 2d pf_ 15008 724 Molybdenum Corp 13 Moore Dist (t50c) 1 8 Mount Prod (60¢) 6 6 Nat Bella Hess__.. 47 24 Nat Fuel Gas (1)~ é 6% 8 Neh Coip NJ Zine (12) New Mex&Arizld New Process (2) Ny P&L 6% pr6 105103, 1815 253 119% 49 11% % N Y Tel pf (6%) Niag Hud Pwr Niagara Hudson Pwr (A) war .. 3 | Niagara Shares (Md) B (a10¢) Niles-Bem-I’ aile 3 374 Nipissing (aZic) 1 2% Noma Elec (a40e) 5 n North Am L& P 5 North AmL&P pf 500s 53‘. NorCen Tex bl0e 1 5% Northern Inb Pub 6% pt (3) . 208 T9% 1 11% | North'n N Y Utll pf (T) 268106 106 106 North Pipe L(30¢) 9 T2 6 4 Northern States Power (A) 6 30: 30 30 N WEng (a2ie).. 2 24% 24% 24%M Novadel AR +2) . 1 383 3813 381 Ohio O1l cu pt (6) 1109 Okla NatGasCo 1 12 Okla Nat G Co pf 150s Outboard Mot (A) 4 | PaciicG& E 1stpf (1%) Pactic Gas & Elee pr (1373%) - 324 55 By 48 17% Pan-Am Afr (1)._ Pantepec Ofl Pennroad (b20e) - Penn G&E(A)1%. % 1 Penn P&L pf (7). 508110% 110 110 Penna Salt (t3)... 258123 123 123 PennW&PM) . b Pepperell Mfz(3) 30s 5% e | Phila Co (80¢) ... Phillips Packing_ Phoenix Secur _ | Ple Bakeries(60¢c) Plerce Governor Pioneer Gold Mines Ltd (80¢) Pitts& LE (1213) . 80, Pittsb’gh P G(12) Potrero Sugar 3 | Powdrell&Al t1% | Pratt & Lamb 11 Premter Gold 1126 Propper McCall'm PubSve Ind pf___ 80s Pub Sve [nd prpf 708 Pub Ut Sec prpf 200s 51‘1 6l T6% Puget Sound Pwr & Lt 36 of Pyle National (1) 10505341, 2 4 15 258 Raytheon Mtg Red Bank o Reed Roller Bit new (180c) Reiter-Foster Reiiable Stores _. Reynolds invest_ Roosevelt Field Root Pet'm (a23e). Bustless it & St St Anthony Gold St Regls Paper St Regis Paper pf Salt Creek P(80c) El aonmmo— 12 | Sezal Lock &R elected Indus Sel [ndallcfs 5% Sel Ind pr pf(5%) Shattuck Den Mip Shenandoah pf_ Sonotone (akc) _ Cal Ed ptpf 1%. outhn Calif E& of (B) (1%) __. Southn Calif B4 Dt (C) (1%) ___. | Spencer Chain Stores (60c) Stand (10 Ky (1) tand Oil O (aZic) tand Pwr & Lt Stand P& L (B) Stand Sil&L (ale) Sterchi Bros Strs Sterling Br(al0c) Stroock & Co a7sc Stutz Motor Sunray Oil Sunshine Min (2). Swiss Ofl (120e).. Taggart Corp . Tasteyeast(Del)A Taylor Dist (b5)_. Technicolor Inc Teck Hughes t40c Tenn Products - Texas Gulf Prod. Texon O & L (60c) 3 Thermotd Co pf_.. 1508 Tishman R&Con. 1 Tob Prod Ex(10¢) 1 Todd Shipyard (2)100s Trans-Lux Daylite PleSn (20c) . 3 Tubize Chatillion. Tubize Chatl (A) Twin Coach(a20c) Union Gas of 6 3 8 | at $902,000, against $344,000 last year. | compared with $2,670,000 last year. | business on books. | Corp. is cited as one definitely in line | | which exceeds by nearly $200,000 the | total gross sales of the manufactur- | ing division in 1935. | Lanston Monotype—10 at 841, 10 at| | Georserown Gas. 1 Gapjial, Tiansie |N. & | Gapital () CANADIANS BUY MOST U.3.600DS Imports for May Amount to $33,560,370, Gain of $5,304,162. BY CHARLES LYNCH. Spectal Dispatch to The Star OTTAWA, Cntario, July 6—Canada bought more goods from the United States in May than from any other country. Imports of American goods amounted to $33,560,370, an increase of $5,304,162 over May, 1935. Canada’s purchases from all British Empirg countries in May totaled $19,- 375,242, only $597,376 more than May last year. Total imports into Canada from all countries in May were valued at $59,- 120,840, as compared with $54,539,747 in May, 1935. This increase was largely due to purchases of textiles, iron products, tea, sugar and fruits. Canada increased her purchases in the United States on a wide variety of articles in May. Imports of fruits amounted to $1,261,000, against $1,- 139,000 last year; animals and animal products, $1,168,000, against $1,047,000; fibers, textiles and products, $2,564,000 against $1,822,000; wood, wood prod- ucts and paper, $1,722,000, against, $1.420,000. Iron and iron products imperted from the United ‘States totaled $11,- 081,000, against $8,590,000. In this group there were automobiles valued | Automile parts came to $2,666.000, Farm implements increased the im- ports amounting to $1,160,000, against $602,000. Machinery imports came to $2.301,000, against $1,537,000. Imports of non-ferrous metals came to $2,488,000, against $1,598,000. Non- metallic mineral products brought into Canada from the United States totaled $7,078,000, as against $7,055,000. Mis- cellaneous products totaled $2,209,000, against $1,627,000 in May, 1935. (Copyright, 1936.) Rail Car Firms Face Best Volume In Many Years By the Assoctated Press. NEW YORK, July 6.—Some of those close to the railroad equipment in- dustry say it is reasonable to believe that the car builders will enjoy the best volume of business in many years in the last half of 1936. With certain of the manufacturers this is purely conjecture, but with others the results appear to be almost guaranteed by the amounts of unfilled General American Transportation for a considerable boost in business. | The company’s railway car manu- | facturing division is reported to have ! $10,000,000 worth of unfilled business, Washingto; Exchange American Security & Trust Co.—5 at 258. 841, AFTER CALL. Capital Traction Co—7 at 164, 50 at 1614, 100 at 16!4. Capital Traction Co.—7 at 164, 50 Washingten Rwy. & Elec. pfd.—1 at 110%. BONDS. City & Suburban 5 Fotomac Electric ash. Gas §. series’ Wasn. 845k o MlSClLLANEOL’E Chevy Chase Club 5!3s Gol. Country Clyb 512s Cold Storage STOCKS. PUBLIC UTILIT Amer. Tel & Tel. ) 108 105 100 i i Po. El Po. 5'a% DL 15,5007 gas Lt Co, r.x»m» h B b Ry & B oa BANK AND TRUST Amer. Sec & Tr. Co. a0 Bank of Bethe: Wa: Com. & Savings (as)- Llherfiy 3 FIRE LN!'J’RANCI American (212) 195 Corcoran 99 Eiements 01 60) National Union (. Yy TITLE INSURANCE. Columbia (.30) o Real Estate (6) 120 MISCELLANEOUS. Carpel Corp. (1.60) Lanston Monotype (4) Mergenthaler Linotype (§)_ Peoples Drug 8. com. (1.00) Peoples Drus S. prd, (8,50) 11 FINANCIAL. How the Price of International Shoe Stock Has Fluctuated During the Last Four Years Prices of International Shoe Stock 1933.1936 arnings amounted to $2.55 per share in 1933. 60r-Stock sold between 9.38 and 2148 times §51- earnings. earn I X IlIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIl 20 AMJJASOND JFMAMJJASOND JEMAMJJASOND AMJ JA 1933 LeMors above $2.69 per share Stock sold be 14.13 and 1873 times- 4 TN ll“l Earnings amounted to tials of months—J for January, F for February, efc. 1934, earnings. ings. 1934 1935 Earnings amounted to $2.55 per share in 1935. n Stock sold between 1657 and 1941 times (e 13m0 T Chinge 3 gs amounted t Stock sold 12.36 and % g et AT PRODUCTIO | ELL ABOVE 1935 Volume for Six Months 16 Per Cent Ahead of Same 1935 Period. By the Associated Press. CHICAGO, July 6.—Meat produc- tion in the United States the first | half of 1936 was approximately 16 per cent larger than a year ago, esti- mates announced by the Institute of American Meat Packers dicclosed. They are based on the number of live stock dressed in federally in- spected packing plants and on other Department of Agriculture figures. Pork production the first six months was approximately 20 per cent above | that of the same period last year, and beef production was about 19 | per cent greater, the institute's figures | indicated. Lamb and mutton produc- tion, however, was about 5 per cent | less while veal output was only about | 1 per cent greater than year ago figures. Despite the increase, pork produc- tion was still about 24 per cent lower than the volume for the first six months of 1934 and about 21 per cent | below the latest five-year average for the period. On the other hand, the quantity of beef produced was 13 per | cent above the five-year average, al- | though 2 per cent lower than 1934 first six months production. | Lard output jumped 33 per cent, 1 compared with last year, but was 36 | per cent below the five-year average for the period. CORPORATIO! REPORTS | » TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, July ing is today’s summary of corpora- tion news prepared by Standard Sta- tistics Co., Inc.,, New York: General Motors Corp.—A new all- time high record for a single month's | Se! output was established by Chevrolet | Motor Co. in June with production in United States totaling 128,450 units: 18,733 cars, compared with 21,046 in May and 17,067 in June, 1935; July manufacturing schedules call for an |8 output comparable with that of June. | Goodyear Tire & Rubber Co.—Fed-l eral Judge Jones, Cleveland, returned judgment for $476.275 against this; company and in favor of Overman | Cushion Tire Co., which charged that | Goodyear Co. had violated patent rights on a truck tire which contained |a& hole through the center, but was | not inflated; it declared it hsd licensed Kelly-Springfield Rubber Co. | | to manufacture the tires and that ' Goodyear had no license. Westvaco Chlorine Products Corp. —This company’s contract with Union | Carbide & Carbon Corp. under which | it supplies chlorine and caustic soda | to Carbide’s Charleston, W. Va., chem- | ical plant has been extended for a period of years. Chicago Flexible Shaft Co.—Sales for first six months were in excess of 25 per cent ahead of those of like 1935 | period. American Zinc, Lead & Smelting Co. | —Company has extended to sepv.em- ber 30, 1936, the time within which | preferred stockholders might turn in |} their shares for exchange into new prior preferred and common stock un- der the recapitalization plan, Crown Cork & Seal Co.—Company has called for redemption all shares of | Drouflht Bousts W”lleat Sharply on Frederick Market| 5 the Associated Press. FREDERICK, Md, July week. A gain of 5 cents a bushel was reg- istered in one day in wheat prices, sending the figure to 90 cents. This price was still below this year's peak, but was a new high mark since the new crop began moving to market | locally. The first wheat of this year's har- It | climbed steadily to the 85-cent mark vest brought 81 cents a bushel. and then mounted to 90. . —_— INVESTING COMPANIES NEW_YORK. July A ( —New York Se- curity Dealers” Association. Admin Pd_2nd Inc q_Inc Corporate Trust Corporate Trust Diversifiea Tr 'C. Dividend Shrs Equity Corp $3 of Fidelity Fund _Inc First Boston_Corp Fixed Trust 8h A Fixed Trust Sh B Found Tr Sh A Fund Investors Inc - Fund Tr Shrs A Fund Tr Shrs B Gen Investors Tr 2 Sroup Sec Agriculture Group Sec Automobile roup Sec Building Grnun Sec Chemical | Group Sec Food Groun Sec Invest Shrs Sec Merchandise Sec Min: Sec Tobacco . olding _ Incorp Invesiors Inv Tr N Y Coll * | Investors Fd_“C Investors Pund_of Am | Kesston Cust Fund B-3 Major Snrs Corp. 6—The follow- : e Selected Cumy Selected In ! Pontiac production in June totaled | § of Am Tf 88" of Am Tr & of Am Tr D Sibervised Bnrs Trustee Stand Inv C Trustee Stand Inv D Trusteed Am BK ° steed Industry Shrs”_ Trusteed N ¥ Bk Shrs DIVIDENDS ANNOUNCED EW YORK, i Extra, Birtman Electric Cov ncre; Alwd Mills Inc_ e | Archer-Danis-: Md pr-s Am Cities P & L Birtman Electric & pf Knlnmx 200~ Maytag Co Natl Tea 5 FEDERAL LAND BANKS 0000000 | NEW_YORK. July 6 (.—Federal Land | Bank Bonds (Quglations s of 2 o'clock) l’ns hm 5 s May 4‘¢5 Jan 4& Ml\ 100% FOREIGN MARKETS. 6.—The | diought in ghe North American wheat | belt has sent prices soaring on the local grain exchange during the last Boza July 6.—Dividends de- SLOWER PACE SET AT STEEL PLANTS | Institute Estimates Week’s Rate at 67.2, Down 6.8 Points. By the Associated Press. NEW YORK, July 6.—Operations in the steel industry for the current A—15 LUMBER ORDERS BEHIND QUTPUT Shipments in Week Ended June 27 Slightly Above Production. The lumber industry during the | week ended June 27 stod at 71 per cent of the 1929 weekly average of ‘producuon and 73 per cent of 1929 shipments, the heavy record being | partly due to anticipated increase in | freight costs beginning June 30. For the eleventh consecutive week, new orders were below production. Ship | ments showed a slight excess over oute put. Reported production during the week ended July 27 of 5 per cent fewer mills was only .2 per cent below revised production figures of the pre- ceding week; shipments were 10 per cent above, and new orders 6 per cent below, that week, according to re ipon.s to the National Lumber Manu- | facturers’ Association from regional associations covering the operations of important hardwood and softwood mills. Reported new business during the | week ended June 27 was 10 per cent | below production; shipments were .2 | per cent below output. Reported inew business of the previous week, ended June 20, was 5 per cent below | production; shipments were 9 per cent | below output. Production in the week ended June 27 was shown by reporting softwood mills 50 per cent above corresponding week of 1935. when production in the West was largely suspended by strikes; shipments were 47 per cent ‘nnfl orders 48 per cent above ship- ments and orders of last year's week. During the week ended June 27, 554 mills produced 252,951,000 feet of hardwoods and softwoods combined, shipped 252,522,000 feet, booked orders of 228,149,000 feet. Revised figures for the preceding week were mills, 586; production, 253,344,000 feet; shipments, 230,016,000 feet; orders, week declined 6.8 points to 672 Per| 241 574,000 feet. 74.0 | cent of capacity compared with last week, the American Iron and Steel Institute estimated today. The decline in the operating sched- | ule, steel circles explained, was due | to the July 4 holiday influence. A month ago production was at 69.5 per | | cent of capacity and a year ago it was 35.3 per cent. | U. S. TREASURY POSITION. £ ube Associated Press. The position of the Treasurs July 2: Re- K5 564 91 expenditures. $65.- 37041 net balance S GRG0 108,54 oms “receipts for the month, $1.793.- 1 1y Receiots for the fiscal year (since 208 R 616.01; expenditu despite the credit of b et balance customs receipts for the Qg CRUDE OIL PRICES. TULSA. Okla. July 6 (#.—Base crude oi]_prices Mid-continent area—Oklahoma-Kansas, ravity scale. 86 cents to $1.18: North and avity scale. #4 cents $1.13 West, Sravity scaler 76 to" 80 cente th Louisiana= Arkansas. gravity scale. 7% cents to $1.10. Rocky Mountain area—Salt Creek. Wyo., gravity scale. 94 cents to S1.1K astern area — Pennsylvania (Bradford-Aliegany) Southwest_Pennsylvanis <rade in Eureka lines Money for Conshnchon Loans Loans on lmproved I’ropemu 51/2 70 FIRST DEED OF TRUST ONLY GEORGE L. BORGER Suceessor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. Winthrop, Mitchell & Co. Members New York Stock Exchange Ground Floor Securities Building 729 15th St. N.W. Telephone National 0084 PRIVATE WIRE SYSTEM ‘ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monithly. No charge for appraisal if loan Is not made. Interest charged only on unpaid balance of principal. EourrasLe Co.oPERATIVE B UILDING ASSOCIATION 915 F STREET N.W. Organized 1879 Gen T&R pt A (6) 20s 95 Georgia I'w pf(6) 100s Glen AldenC (1) 4 Globe Underwrtr. 1 4| Grand Nat' IFilm_. 8 Gray Tel PS (1) 3 Great Atl & Pac Tea n-v (16) __ | Greenflela T & D_. Groc Store Prod.. Gulf Ofl (1) ____. Hazeltine (3) 4 Hecla Min (60c) _ | Hollinger G(t65¢) Hormel & Co (1) 1008 Horn&Hard 11.60_375s : Horn&Hard pt (7) 40s Hudson BM&S(1) 3 Humble 01l (1) 6 Huyler's o1 Del pf stamped (4) . 100- Hygrade Food ... 111 P&L 6% pt 150. 111 Pw&Lt 36 pf__ 6508 1mp O1l Lta coupan (160¢) . 1mp Oll Litd reg (150¢) 1 Imn Tob Canada Canada (al0c) 1 Unit Alr war > Unit Corp war.. }32 LONDON. July 6 (® —Stock prices closed steady as supbporting orders ap- Deared on a moderate scale Tradng | was restricted to some extent by the Danzig question before the League of | Natlons. Rubber issues were strong in | sympathy with the firmness in that commodity and tran(-M' ntic shares also moved higher. The industrial &roup had an easier tone while oils and .zilt-edged securities remained auiet German and | Danzig bonds were heavy PARIS—French issues in the Bourse slumped under pessimistic selline. was inspired over the Danzig and F: Dflh'lcll disorders. Rentes closed from to 2 francs lower and the industrial clion was also heavy. International lnuex closed auiet. outstanding $2.70 preferred stock not exchanged for new $2.25 preferred stock. ‘Warner-Quinlan Co.—1935 deficit was $2,804,012, against deficit of $1,- 974,129, Outlet Co.—Declared an extra divi- dend of 25 cents a share and regular quarterly dividend of 50 cents a share on common stock, payable August 1; on May 1, 1936, similar extra was paid. American Gas & Electric Co.—Com- mon-share earnings, 12 months ended May 31, were $1,98, against $1.76. Continental Gas & Electric Corp.— Preferred share earnings, 12 months ended May 31, were $20.75 against $25C Handardy .é’é"é’amlfiiig‘.x'ifik"éfim {nternational Printing Ink Corp.— | first: i mediums. 4 B e o o e | o — 8 . ~| Butter 18.158 firm. Creamery nati and also a substantial interest in | than ,yrfim"«‘:ui-;"l‘ 3 e‘mmyp s Ault & Wiborg Co. of Clfllgel. fim| zed (90 score). 31%a 2% Hudson Motor Car Co.—Retail sales ) of i{uds:;‘ l;ld T;;‘rflvllnsl Cl-fium: C:‘”{?e&h‘?pl,::x:y s h!etl.d" 1095 Fonew ‘week en lune ‘were per cent greater than for same week a year ago | , [ovs. PRUEY aujet 8 178 21 and were exceeded by only two weeks | roosters. 14: Cirkeve. 13a21: ducks, 11a since beginning of 1936; sales for four | 13: chickens unquoted. weeks of June were 10,738 cars, 44 per cent greater than in June, 1935, and largest for this period since 1929. Owens-Illinois Glass Co.—Owens- Tlinois Closure, a wholly owned sub- uflhry. has been dissolved and here- after will be operated as a division of company; this step was taken to sim- plify the parent company's corporate structure, 14% 1% 1% 8% 84 13 2w 2 24 7114'2 114 114 UnitLt& Pw(A). 85 7w 7 T Unit Lt & Pw (B) 1 8% 8% 8y UnitLt& Pwot__ 25 6313 63 63 Unit Milk Pa50c_. 50s 19 19 19 United Molasses Ltd (a132-5¢) 1 5% Unit Shoe M 123 225s 89% U S Foll(B) (f0¢) 3 16 U S & Intl Secur 1stpf ww $13% U'S Linesot U S Playing Crd t. 508 27% U S Radiator .. 1 3% US Rub Reclaim. 1 3 ‘Jnit Wall Paper.. 3 4% Univ Consol Ofl... 2 25 Utah Apex =8 1 Utah Power & Lt Df (32.331-3).. 1758 70 7 Utll Pwr&Lt .. 3 Util Pwr & Lt pf. 1650l27% 14% Tido 30 (T)e-a 120 Cor & Mth eom Wawa: & Toth. ‘O, *Ex-dividend. 1Plus extras. §8.Ber cent extra, 500 paid May 15. 036. a—4 Der cent extr: Character|: THE SUPREME LAW OF BANKING 10s 1 CHICAGO PRODUCE. CHICAGO. July 6 (®.—Poultry, live, 1 car, 7 trucks quiet; henl. 5£oundl 18: ‘more thin .18 : Plyrnuuth 5% 89 5% s less. Sou horn i ithw N G Leghorn rf'? . S&E ey Stand GLEcy e 3 2 NEW YORK PRODUCE. ‘W YORK. July 6 (P.—Eggs. ‘.‘k cl NE HIS Bank has always welcomed con- steady. Mixed colors: Special structive legislation for its own sake and for the sake of its depositors. In the midst of today’s discussions about banking laws—it is well to keep in mind the fact that no legislation can take the place of honesty of purpose and a strict adherence to the highest standards of banking practice. The unwritten law of character is still the strongest of all. i toms, 15: eavy, nld ducks, 1275 lfillfi i small white d\lcks colored. 10%2: young geese, I helvy Soung. 1 "{' 7 B Savetase Higher score), 1%a3, ! ‘seconds Creamery: Spe- extras’ (02). 112: Afirsts xzum central- firm ¢ !rnh 0ot cars. 0. stor E acked exiras, 4: tot nfl:y “e:s o tronger. 262, firm. (g;m” °§Fn'u o 0). 0%agl: stand ized extra Brace sraded firs Utility & Indu; Venezue! Wayne Pump____ Western Auto Supply (3) A... 50s 43% 43% Westvaco pf (7). 508102 102 102 Woodley Pet (40c) 2 7% 7% T4 Wright Harg t40e 9 84 8% 8% Hon Yukon Gold 2 2 2 2 Dividend rate in dollars based on last quarterly or semi- -na:usl payment. nn- Dusi rate—plus extra. IAccumulated di gendlu:f;ld this mrm bPaid y-.r'. Peine " reoresniped. s in stock. ePayable 1Pl 'tl l d| ibution assets. Ex-Svidene * 2 Indiana Sve 6% pf 208 Indiana Srv 7% pf 30s indus Fin 7% pt 1008 Ins Coof N Am(2)1508 intl Hydro Elec System cv pf. Intl Mining war. Intl Petro (t1%)_ intl Ut1) (B) Intl Vitamin t40c Interstate Hos (2) 4 Interstate Power (Del) pt 110s Iron Fireman (1) 100s Ital Superpwr(A) 1 Ital Superpower deb rights s 1 Jersey Central P&L (1) 708100% Jones&Laugh Stl 1508 32 KansCity PSvie 4 ) sunpfle poultry _quiet lndl steady. ) 1 suvplies 2 ¥ REIGN E1g AP 7las st 7 7”2 H’ 5. [:{ lmfl' & Ba TR A 108w 108 108w Ital Su Pow 8s A '83 62 62 @ 8 Bitd Elee r.v,s . 00 oy P i 2 gf’n;fl”fie,fl NC s%n i 1% s < A : T B & 1% 719 FOBEIGN EXCHAN GES. RI (7. —Forelgn ex- 3 Ornt Sailain in° dollers. at Britain. demand, McLachlen Banking Corporation Since 1891 TENTH AND G STREETS N.W. S.W. Branch, 12th & Maryland Ave. S.W. Member Federal Deposit Insurance Cmpoulum SPOT RUBBER JUMPS. NEW YORK, July 6 (#).—On the «eelization that world rubber stocks . @re decreasing, substantial buying of " the commodity from America and the continent has sent the price of spot rubber to the highest point since te(tember, London advices say. HONEY MARKET. YORK. July 6 (P.—Call money -llue;eem- day: orime com. Greece, "Beiand. avakia. 416 ?ul Hiney: ]n“l s Reim ‘renu hanabal l l-lon 3243 k, 99.8712; New Yot I3 llmmul‘l a. STEEL QUOTATIONS. NEW YORK. July 6 m. —Steel per 100 pounds, Bitisbur snocaled sheets: nized sheets. 3.20: 256 Hea'h RUBBEB. WTUBES. i futures AT 6t u i res 9 {g sz fi!mh&"rm 16.53a5! 9 32 82 a a 8 £ mere "i“u"‘ e