Evening Star Newspaper, July 18, 1936, Page 12

TA—12 *» FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., SATURDAY, JULY 18 1936. FINANCIAL. INTEREST SWINES ITRANSACTIONS ON THE NEW YORK STOCK FXCHANGE]RANN[HS[V[N By Private Wire Direct to The Star. Prev. 1936 Stock and Prev. 1036 Stock ane Net | Prev. 1036 Stock and Prev. 1036 Stock and Sales— Net | High. Low. Dividend Rate. Md 00. High. Low. Close. chn‘ High. Low. Dividend Ra Md 00. High. Low. Close.Chge. | High. Low. Dividend Rate. Md 00. High. Low. Close. chn - | High. Low. Dividend Rate. Add 00. High. Low. Close.Chge. [ 213 10 Curtiss Wright A 67 18% 17% 26% Nat Lead (50c) ___ 7 28% 28% 20% 12% Southern Ratlway.. 19 18% 184 184 + % 521 42 Abr & Straus (1.80) 10s 54 54 + %| 90 . 60 Cushmanspf(3%). 10s 61 61 1 9% Nat Pwr&Lt (60c). 24 13 12% 1 33% 34 + % 18% 9% Adams Exp (a20c). 13 12% 12% 10% 7% Davega Stores t30c. 10% 10% a % Nat Ry Mex 2d pf... 2 % % ss'graph 60c_. 1 264 264% — % 52 Deers® Co > 4% 12% 574 Nat Steel (1%4) - 110 101% Spang Chal pf $5%. 110% 110% + % _z’_gm E?‘ fi: ;ea-‘;:?i:u me). 10 % 77 4+ % 19% Detsel-Wem-G 150c 19% Nat Supply Co .. 9% 5% Sparks- Withington Th Th 6% 2 Alr-Way Blec Appl. 3 % 4% - 36% Delaware & Hudson ‘l'd“% r\.' gun::layoc)o ol gg:/. 157% Sperry C vte b25e... %;'-. + % N i 3! 13” 7% Nat Tea (60c) 3 i Advance to New 1936 High| 17 13% Alaska Jun ct60c).. 2 da i 14% Del Lack & West___ 204 13% Soloer Mt .. ; % Showers in Corn Belt and 4 Alleg Corp (d) 19 4% Den&R1ioGW pf (d) 10% Natomas t180¢) _ £ Ground Comes With g 1an Alles of wasowiar. 26 3E g8 S DIt cor skt 21 NT Alrbrake aster 13 5 Stand Gas & Ei (a). Favorable Industrial News Factors. FEES » + ® 40w (d) - 36 411 Dome Mines (12) _. 32145 N Y Alrbrake(a50c) Al :34?1“ {22’; ::ll:: :: :v’v m')(._i- 36 50% Do:‘:l- Atp: =) 27% N ¥ Central R R 19% 9% Stand G&E 34 ot (d) Broader Trading. 45 27 Aliog or ot ()2 5 2% Douglas Air. AUz 3 17% N ¥ Chicago & St L. 50%4 24% Stand GEE 36 pf(d) 267 Alleg Steel (1)___ 13 Dresser Mfg B 36% NYChi&StLpf 55 26% Stand G&E $7 pf(d) BY EDWARD C. STONE. 212« 157 Allled Chem (6) _ 1% Duluth S S & At pf. 1 N Y Investors () _ 47% 35% Stand O of Cal (11) Capital Transit stock jumped into 2315 Allied Mills (a50c) - 47 Dunhil) Internat’i _ 7% NY NH & H of (d)_ 40% 32% Stand Ofl of [nd(11) the limelight on the Washington Stock 12~f- 6% Allled Stores 133 Dupont de N 13.60 9% N Y Shipbullding . 79 51t Stand Ot of NJt1. Exch this week, reached a nmew | 50% 35% Allls-Chalmers (1). 51 Eastern Roll M1ll; 57 N Y Shipbldg pf Y 6 2% 65 Steriing Frod (§.80) xchange . 281, 19% Alpha Port Cmt(1) 281 Eaton Mfg (2) 108% 931 N Y Steam Ist (7). 2415 1615 Stewart Warn(60¢c) high mark for the year at 17! and | “g® "5 ot ey 5% Eftington-Sohia 2% 1% Norfolk Southn (d) 1% . 21% 14% Stone & Webster __ showed a notable share turnover. f Sorp 5 e 800 210 Norfolk & W (18) _ . zsnu 280% 14% 9% Studebaker Corp . 125'; 75 Amerada Corp (2) 44% 30% Blec Auto L (1.20)_ The stock opened the week Monday | 63y, 49 Am Az Chm Del(3). 1“ 110% Eleo Auto L pt (7). 10% 6% North Am Aviation. 1 8% 84 40% 27 Superheater (50c) at 1614, the same price at which there | 551 37 Am Bank Note (1)- 17% 10 Electric Boat 33% 23% Nortb AmCo (1) __ 327 6% Superior Ol had been many sales. during recent | 137! 116% Am Car. (*4) ™ 5:, Flec&Mus In(b24e) 59 52% North Am Co pf(3). Y 14% 9% Superior St sessions. The stock remained quiet| 1662 162% Am Can pf () 17% 6% Elec Pw& Lt ___ 36% 23% Northern Pacific .. 13 267 26% + %[ 304 23 Sutherl’d Paper 1l G da: h th arket| 41 20 Am Car & Foundry. 77% 294, Flec Pw & Lt $6 pf_ 2 Norwalk Tire&Rub. 2 20% Swift &£Co (1) 89.1 39.7 518 Ay e e 58% 31 Am Chain 85 32t Elec Pw & Lt $7 pt 22% Norwalk T & R pf__ 3% ign v i) 115 5% Symington A () T34 302 434 opened with a 50-share sale at the | g 7., 4m Colortyp 55Y% 42% Elec Stor Bat (12) 125 Ohlo O11 (50e) . __ 3915 287 Texas Corp (1) _ 3 39 1935 high-.. 763 312 441 new peak of 17!z, followed by a 10- | 395 201, Am Comel Alcohol_ 48 EPS$5.50 pf $4.40 2414 Oliver Farm Equip_ 38% 33 Texas Gulf Sui(2). Y 347 1085 o 495 185 216 share sale and a fio—lhare transfer at | ogi 164 Am Crystal Suga: 11 ErleR R Pt 17 Omnibus Corp vte._ .. 9 9 K 15% 7' Tex PacC&Oalje. ] 1932 1 ——— 175 87 239 the same price. 9913 89 Am CrysS 1st of( 16 Brie R R 1stpf_ 24% Otis Elevator (60c) 14% 9% Tex Pac Land Trust 3 ¥ o hOl"L SRS S SO A This 119 share turnover was fol-| 5 31 Am Encaus Tiling. 234 Evans Products (1) 121 Otis Steet : 5 5 %| 125 8% Thermola Co E gh..._. Jowed the next day with another 50- 9% 63 Am & Foreign Pwr 2% Fairbanks Co 75 24 Owenc [11 G.July 24 3 8213 24% Thompson P ad 3 1927v low.... 516 953 618 618 hare sale and a smaller transfer at 87% 25 Am & For Pw §6 pf. 34% Fairbanks-Morse 31% Pacific Coast 812 4’ Thomyson Starrett. ¥ *New 1936 highs. o - 434 29% Am & For Pw 81 pf_ 1% Fajardo & 4% Pacific Coast 2d __ 19% 14% Tide Wat Aseo 60c. (Comptled by the Associated Press.) y 3i% Fajardo Sugar (2)._. the same price. The transit stock | ;3,0 15" \m & For Pw 24 pt. o Pederal Mot T 406, 30% Pacific G & £ (133). 1% 1214 Timken-Detroft closed the week with 17 bid and 18| 5 13 Am Hawatlan (1) 21, Fed Water Svo (A). Pacitic Ltg (2.40) _ 721, 56 Timken R B (12) asked. Because the stock is so widely | 48, 2% Am Ice = 201 Fed’d Dept Stra(1)_ 35 3 1| 12 Pacific Tel&Tel(6)_ 14% 11 Transamerica t40c. held in Washington, the new 1936 top | 24 17'4« Am [ce pf (2)-o-ceu F1d Phoe F 1(11.20) K 8 % Pac Weet O (b25e) 27% 147 Trans & Westn Alr price on the local exchange board | 13% 9% Am International. Firestone T&R 1.20 pron 4 3 % Packard Mot (a25¢) 16% 10% Transue & Wil 60c. caused a good deal of talk in the | 36% 234 Am Locomotive . 40 First Nat Strs(2%) 3 Pan American Pet 12 74 Tri-Contl Corp 951 66 Am Locomotive pf_. 4% Foll: bee Bros (d) Paramount Pictures 107'% 93 Tri-Cont) C pt [‘I.. LR G EE 29% 21 Am Mch & F (80c) . 410 Poate Whaalar 9 Paramount 1st pf . 107 7% Truscon Steel It was noted that the stock turned | 5™ 15 A Mch & Met a26e 301 Fou' 2 38 P 2d ot 324 221 20th Cent Fox Film . " 3 =be. x» FowhNIwwald45. 4 aramount 3d pf . .. s active while the hearings were being | 134 124 Am Metal pt ($8) _ 2314 ,‘-,:,m,n.q exas (1) ) Park Ut 3 12% 8% TwinCity RT ... held before the Public Utilities Com: 144 7' Am Power & Light 47% Fuller Co pr pt._. i Parke Davis(al.35) 2 8% 2% Ulen & Co mission on Capital Transit's plea for | 69% 26% Am P&Lt $5pf(2%) 3% Gabriel Co (A)__.. 1 4 Parmelee Transp't. 99 4% Und-Ell-Fish 3)- higher car fares. Evidently some | 78% 43 Am P&LtS$6Df (3)- 11% Gamewsll Co - ? P:t;“ F;'lm Corp._.. 9614 .1: Un Carb&Carb 2.40 people interested in the stock be-| 2T 13% Am Radiator 2 no Mines __ 281; 20% Union O11 of Cal (1) Sl Gemamiinyg ‘| 73 641, Penick & Ford (3) 381 108" n Pacific (6) lieve that the company will get some | 34 Z3% Am ;‘,‘Q{:;‘: u.ae 424 Gen Am Trans(1%) 12 : |6 Penn Coal & Coke 100 '90i Gnton Fpaoinc of i kind of firancial relief from the com- | g L 2 21 Gen Asphalt(b35e). S : 4 Penn Dixie Cement. 67 20% United Afrcraft 911 56% Am Smelt&Ref (2) Tor Baking (60¢) mission. Increased fares would, of | 2133% Am Snuft pf (6) 3 e g:: B:cn‘:: B = Penn Dixfe C pf(A) United Alr Lines vt course, have a great deal to do with 20'; Am Steel Foundry 5% Gen Cable Y P 2 1 5EHH=RG‘ s ctfs . United Bise (1.60) earnings. At the same time comple- Am Steel Fy pf (2) 2 ¥ Geacitisi Edoh maiicoed a1) s United Corp - tion of the extensive track changes | 26 Am Stores (2) e 3:,::" D‘:;‘;“ = 70'; Gen Cable Df . - ——oe : S PetiCo St R et will mean a considerable reduction in | Amouer :7%’“) Sy 1404 20: Qen Wincicle (== Pfeifter Brow (1 20) United Dywood (a1) expenses. These and other factors Am Sirasita Tob#l o, 33% g:g a:“"" E‘l f‘l’) : d Phelps Dodge a50e._ , United Fruit (3) are being taken into consideration by ;7 91, Am Tel & Teleg (9) ks ¥ = 3 52 Phila Co 6% pt (3) 5 3 y United Gas Lmp (1) = hies ot ceimen with HinETaeo: B T 4 11715 Gen Mills pf (8) . 9 o 12 Phila Rap Tr pt(d) 3 © 8 Forh Becur. was lower. Bonds exhibited no defini | A TobacoolBI(6) 537« Gen Motors (12) .56 9 Jix g 2 Phila & Read C&1 . p 3 U S Freight (1) trend. Foreign currencies were quiet. Keene Makes Steady Progress. | 10 B A T }é: 3:: il;;;w!rl- ‘:(f 'fflm G | 96 6 Phillip Morris (1) 9 6 2 U S Gypsum (2) 9 98 Shares about unchanged to upy The latest report by Receiver Carter | Am Woolen . DL e J > 381a Phillips Petrol(t1). S Gypsum pf (7) around 2 points included Spiegel-Ma. B Keene of the closed United States | Am Woolen pf (22). 3% Gen Public Serfylce. Y Phoenix Hoslery S Hoffman Stern, Sutherland Paper, Philip Morr Sivings Bank, shows steady progress| Ao Weoiibane: ca) o Jemnmi g Plercevtior Hoftrts Aug3 Westinghouse, General Electric, Ana- in liquidation of the assets. Re- | Am Writ Pap pf (d) Gen Sti Casting pf T Bittae a5 & Bolt ;L";l‘;’:::‘::v‘:c’ conda, Kennecott, Magma Copper, Du maining assets are estimated at $558,- o-;" Am Z‘“E&CL““ 50 Gen Theatre Equip. Piuts Steel pt ____ 68 SPIpe & F (1%). | Pont, North American, Consolidated 066.60, with unpaid liabilities of $719,- | 29% 28 Anaconda Cop(as0e S UK = Edison, International Paper preferred, 8 s s - Blwmmonom~ e ERREERE; SRR I RN IAEE R FEEFESF ] EFFERFEE Stock Averages oo 19 S & B 00 NTn B i 1 53 8 T O DO D 00 e 00 1 B O i todls. matis. O 08 Net change. +3 +.1 +3 +.3 Today, close.*89.1 38.2 *51.8 *67.0 Previous day 888 38.1 515 66.7 Month ago.. 864 36.1 48.6 638 629 241 324 456 - S +1 @ ‘é‘fi’i'ff.f F EsR# - +1 1+ 1144+ 19 S M NP AT NN NOADIONT DA -0 L+t BY VICTOR EUBANK, Associatea Press Financial Writer. NEW YORK, July 18.—Showers in the corn belt, together with continucd favorable industrial news, helped to keep the stock market on a fairly ® even keel today, but recovery vigor was lacking, except in specialties. A number of issues, at their best, were at new highs for the past five | years. The close was steady. Tran: fers approximated 500,000 shares. With moisture reports from the drought districts and rain promised | Monday farm implements rallied | momentarily, most retreated later, | Corn Drops Limit. At Chicago corn dropped the dav limit of 4 cents a bushel at the ope | ing. Other grains were soft. Col eahy FESF FES e Sk FE F FERFES ++ 44+ —on ) e T e 10D TR e +4++++ EFEsE ) % ER~E R aacanrarna A4 A+ 3 e et 'y 33 Sl o P 1 i 1 B I T e e T C D e 20 N £ i+l 4 [ DD T 10 0 M R MY S b B (S e DN e N IO AT “ 0 Gen Time Instr'm’t Pitts United pf - P “ 2 Realty & Imp__ H } 35 Anaconda W (a; c)» 1 | Atlantic Coast Line, Delaware & Huds Gillette Saf Raz(Ty. Pitts & W Va _ Rubber o fi;n;::.ni(m:” s Pittston Co ; Rubber 18t pf . 15 | son, United States Steel, Bethlehem, 39% Glid o z Plymouth O1l (1) _. 5 5 U S Sm & Ref (a8)._. 's | Timken-Detroit, California Packing, > |Fajardo Sugar, Phillips Petroleum, Glidden cv pf (473). Proctor&Gam(1%) 2 i teel . » U S St = Gobel (Adolf) Pub Sve N J (2.40 9 4T 2 ¥ 2 = r and Standar 3 ) U S Steel f (2) lGood,\"ea and Standard Oil of New 674 Goebel Brw Cit20¢) 2 Pub Sve N J pf (5)_ 2 1 t (A) 12% Gold Dust vtc (60c) Pullman Inc (135)_ : 504, | 5 E:fi.:es.:fr.:b (13) z. 1| Norfolk & Western was down about 1% | 4 points on a single transfer. General Income from interest, premium, 13% Goodrich (B F) . BureiOn - A 5 n 0 P 815 Artloom Corp — 21% Goodyear T&R _ .. P‘:J: Ofl pf (8) 7 7 y 3::: ;mfi:;m | Motors and Chrysler pushed up for a while, but backed away with the rest Fents, etc. amounts to $214.883.15, 15 19u Asse Dry Goods 1 which is larger than the cost of = xgs, 59 Atch To & S Fe(a2) o gfiffi:fn”pflf: o fi";fi:’tfi:’m““ A 2 ‘s Utll Pwr & Lt (A) = 7% Vanadium Corp... under realizing. Sears, Roebuck vielded ‘.! a point. liquidation, listed at $117,603.29. Se- 90% Atch To&S Fe pf(5) 5 | 2 cured liabilities have been paid in full, . 21% Atlantic Coast Line 3 E E E:::S‘Lilgn‘c:;gd) Radiocu 18t pf 3% 8 T % 8 Vick Chem (12) $199,193.12. 11 AUGuIt& W Ina . 4303 2 2 : Grand Un pf 362%¢ o hanon@ : L M e R e D The book value of remaining assets aEn i, : Granite City St (1) Reading (2) 2 2 : \': ok C:;,n&c“ol Generally Encouraging News. Except for the drought the general run of overnight news was encour- aging to market analysts. Eek 48 Atlas Powder (12) : : et ; P s 7 sti- ‘ rant (W T) (1.40) 2 P Is listed at $897.763.81, and the esti- | 156, 112 Atlas Powder pf (6) 205 ’ Grt Northernpt ... e o . 5 WabasnpfA(d) _ Lem Banc ¢ieic) - S 57 % Waldort Syst (80¢). The recent strength of selected rail issues brought out some revised esti- mated value of these is placed at 265 Auburn Auto : 32! 2 Grt West Sug (2 40 een Co ((2 i 5 x - E g 3¢ t t (2.40) Rem-Rud 6% pf 1% Wal ~ Igr «“z) mates of 1936 earnings for several of $538.066.60. 5% Austin Nichols____ 6 5 Gre, [ ireyhound C'p 3.20 Be- Ry g ! 5 : o 0! S y - d pf (6) .. Valwi D. C. Clearings her. 4% Aviation Corp(Del) | s Guantanamo Sugar. 7 poneranc g Walworth Co C. Clearings Go Higher. Reo Motor Car. Ward Baking (A) the roads. If traffic expansion is | maintained through the rest of the 1, Bald Loc (d) < 3% 3 1 s ' = = Checks passing through the Wash- 2is Bald Eoc ] Hall W F Printing Republic Stoel 2110 2 2 it o | year, one survey figures that Southern ¥ Hamilton Watch __ fizton Clearing House Association 4 Bald Loc asd (1) __ 3 3 3014 Harbison Walk(t1) 52525.“53533 o e 5“::7::) arner-Qui B Railway should show about $6 a share on its preferred, Nickel Plate over $8 951.61, on June 30. 15! hor Cap (60¢) The bank has already paid dividends AR of 80 per cent to the depositors, with 105% Armour Del pf (7). $614,798 still due depositors and $105,- | 4% Armour (Illinois) 152 due the Reconstruction Finance 66'« Arm'r(I1Dpr pf( Corp. | 471 Armstrong C (1%)_ 5 7'z Arnold Constab 50¢c Rt R e | ,, 4 S | P 4414 PTSIICL T b Pryorey i 4 o 0 S Wi =S s L 4 o OO - w2 ThmnS e 1936 an extraordinary boost. 5y Bendix Aviation(1) 4 29 Howe Sound (13) __. Washington clearings in this Iamc‘ 20 Beneficial Lo(t1%) . 2 i 313 Hudson Motor Ca week totaled $22.566,431.55. The per- | 48 Best&Co (12)- ... 5 Hupp Motors E i 5% Bethlchem Steel 30 + 3 < contage gain was better than the ad- | 45% Be! Bincos, ool I1linots Central ___ vonce of 7.8 per cent reported by the | ,é’.“\‘ B : : Illinots Cent pf (A). n 4 Ri n (1.68) P Baltimore Clearing House or the 6.7 | 23 ' Bigelow-San(aslc). }:g'.’:mfll_’lgand”n Schulte Retail Strs. Y , Gos. W ilson & Co (6UC)_ showed another substantial gain for * Baltmore & Oh1o _ 21% 21% 2 listsg HaveaBody st Daverstommer ti> week ended Wednesday, July 15. 34's 21 Baltimore & Oh pf. - § 13 Hercules Motor (1) Reveoids MNV‘“" Warren Bros . Tie gain over the same week in 1935 2 13! Barker Brothers 2 5 . 3C's Holland Furnace Reynolds Spr'g new 2 Waukesha M(160¢c) w s 11.9 per cent. The gains in the past = 2 4\ B “‘f“‘f“}’ Oil (8 'C’) 5 § Holland & Son (50¢) B oraelis Yok i1 146 . »xe :‘?‘aufi:"g‘fi’ t-o weeks indicate that July wiil {BEyulCleac (ibe L e A 94 Holly Sugar (2) Reynolds Tob B (3) bist s Wem g hing up a fine record and give the i ReeaUL 9 9 : Hout;Easat A3 56) Ritter Dental W Svors MaTY on its preference stock, New York Cen- ti'al for the first seven months of | 1gn 13 Beling Rt @y 13t 1 3 1 1 Houg HerabLs Safeway Stores (2) ) 3 : e tral $2 to $3 on its capital issue, and | o St Joseph Led(80c) 2" 99 22 22 % 3 Westgh'se A B (1). Pere Marquette $4 on its common St L-San Fran «d) 2 21 3 Westingh'se E1 (4) 35': 13 3 1 Bolstering puilding shares was the gl l.-:ln Fropf (). 2 2 i Westvaco Chlo 140¢ 5 254 review of the F. W. Dodge Corp., dis- T :},\oui:n‘ n(d)._. s 1013 1 3 2 \V heeling Steel g | closing that home construction in June 8 L Southw'n pf 24 2 5 L 5 White Sew Mch pt. 213 o2 | was about 48 per cent ahead of the chenley Distalic. 9 S 9 3 2% Wilcox Oll & Gas E ‘same 1935 month. T o S O S I S | L4440+ por cent climb at Richmond over the | 141; Blaw-Knox (40c) . ¢ 5t S Iniand Steel (3) 3 SoBrisein s eI 1 . 44% Woolwortn (2.40) - fi~ures a year ago. 167 Boeing Airplane 48 2 38, 241, = 5 = “ 53‘ Scott Paper (1.80) 2 2 3 p 23ls Worthington Pump While be head of other fifth 44 Bohn Alum & Br(3) 7 AnupixstioniCoposs "+ Seaboard Atr L (). Worth Pump pf(A) hile being ahead of other fift ohn o ML 7 [nterboro R T (). 3 3 3 2 20, - 2 d strict cities, Washington was not up =~ * 25% Borden Co (1.60) .. D Interlake lron ____. '-?,K ;eadell(Del) L s R 66 Worth Pump pt(B) 1 Money for Construction Loans with the 18 per cent gain reported by !: 64 Borg-Warner (3) 7 u ? [nt Agricultural __ 3 w3 1 s:r\"::ol?;uc? -"?20 D%k WEIERC ACHS o A'lanta and the 34 per cent jump in s ?., gu:mn G‘l“MIAn‘em nt Agricul pr pf. W HEES Yale & llown: (50e) y 9 3 s | Loans on Improved Properties 3 4 Botany Min 2 5 Int Cement (1% ) Y : 5 8% Yellow Truc! 2 c-arings at New Orleans. | 121 Bridge'pt Brss 40c & B o ey a0 13 8y e s fisel oo 424 Youns Sp& W (3) e ¢ 5 51/ % _ New York made such a poor show- & i Bridgep't B.July 22 3¢ 2 Int Hydro Elee (A) 4 _ah“:& Dpx“(‘;%;- ¢| 69' 41% YoungstnSheet&T 12 68% 68 68t 270 ir 7 that clearings for the whole coun- s 434 Briggs Mfg (12) 5 : int Merch Marine 5 51 165 SheitUanOn - 31 11's Zenitb Radio .3 31 31h 3lh FIRST DEED OF TRUST ONLY t: - were 14 per cent under last year's| 69 = 47's Briggs & Strat (3). 5 e Int Nickel(Can)1.20 2: 1y 8% Silver KiIng (40¢) .- %l 51z Zonite Products - 6 6 oork. [ oY din 3;{’;:'2’3“5'«3,’ z 9 39 e e s e 8 19% Simmons Co. ... .+ Approximate Sales of Stocks on the N. ¥. Stock Exchange. | A Election Years Good Years. 361, 44): BKiyn Un Gas (3) i ; Int Paper & Pw(C). : [ aon ol Sme eteall | 11:00 A.5L 20000 85 (308 Noou gt Sescenserite; Shv) Nustmtos v The Washington Assocaition of 8% Bucyrus-Erte . 1 2 Int Paper & Pw pf_. 39° 2 Snider P = Dividend rates as given in the above table are ‘he annua JAMES F SHEA C =d et nly | 20% 18% Bucyrus-Erfecvpf I 167 3 Int Ry C A pf 9 3 9 SITScng.— - cash payments based op the latest Guarterly or half-yearly 643 Indiana Ave. N.W. it Men has received the monthly 94 Budd (EG) Mfe 3 13 o - st a = 1214 Socony-V Oil (40¢c). declarations review from the national executive " 3 Bona A ortis L z 4 SoAmG & Pa2oc . SUBLL of wading lesy than 100 anares tAnnugl ratee ' Snager (Herey T HEfnann L wiio Budd Wheel 5 Int Silver 5 5 3 5; ;g:::.’};‘;qm Lt = = Dour P5'Fald inet vear - Companies reported n receiversnip h- says that business so far this year | Bullard Co (a25e) - : : [nt Tel & Tel_ > Bole — or being reorsanized. XEx dividend proves that election years during B 11'; Bulova Wateh - g Interstate Dept Str. 2 2 | o STy b “siness upswing are good years. 25 Burr Ad Mch(160¢c) g 26 £ 3 22 [nt Dept Strs pf(7). 9 g NE - 1 2 o el L GEIRE & B i §ERSRGRE LELE k| NEW YORK COTTON MSW YORK CURB B s ; 3 5 2% g 45 % 4y 75% Jones&Lauzh7%nt . 9 7 : o Hfislds of business have been slxmuv- 16's Byers (A M) 9% 19 g I(ouu Ciiy Bonihass E 22 By the Assoctated Press. T Iz ed by the spending of bonus pay- | 22 Byron Jackson (t1) E E Kans City South pf NEW YORK, July 18—Cotto DOMESTIC BONDS | SW Pub Svc tis A 1.-; 1-14 i sty ;f:‘g’;;cfl:fif;'fp::;fl‘ % S0 California ka1 %) : 5% 4 Kaufman Dep § (1) k | showed further declines today under ; | I = a S % y s Callahan Zinc - u 80 Keith-A1-0 pfa2is_ 3 | or onstruction ans an ir2 purchasing power. | 6 Calumet&Hec a250- 3% 20 Kelsey-Hayes (A) colitimied Tanidation \an 1 scatered s 8 3 : Loans on Improved Properti ‘ 1) E EEON 2 5 hedging, presumably against the pool Po oL 01 e Z s 2 (ks e - The rate of acceleration may be | 30 Campbell Wy (t1) Kelvinator (150¢) _ Alabama, Po s in the District of Columbia. c-ccked in the next few months, the | : 10, Canada Dry G A __. 2814 Kennecott C (1.20) 2 or loan cotton. October sold off to | AmRon i -- 1 158 3 el savs et t, | 107 Canadian Pacific- 3 13 12 7% Keystone SU&W(2) 3 207 X 12.17, or 13 points net lower and a Appaich P P& L b Tl Prompt Action on Applications omclal saye, ibecatise of $he aRoughi | oo Uaq® oo moRIMITIN (2)o p 5 Kinney (G R) Co. ’ little more than $3 a bale below the | AL%e" ; = { % 1:ver situation, rise in foad products | 125 Capital Admin (A) - 1 Kinney (G R) pf. 33 L N s AT 2 a4 higher taxes. S o c.l’ t = b L 3 y L e high price touched toward the end of e 2 Sove f A 88 3 ; Real Estate Mortxlxe fers & Gen 20c- o 201; Kresge (S8) (1) __ “ s He noted a recent tendency in in- | 921, Case (J 1) Co 5715 18 2 9% Kroger G&B (1.80) last week. Closing prices were nt‘, & Guaranty Corporation 1 st -lment selling toward a continuous | 79 54% Caterpillar Trac(2) 3 T 5t T 7 20'; Laclede Gas (St L) 120s 27! 7 about the lowest of the day, with the LT 31 o 9 lcagthening of payments, and issues 21% Celanese Corp a50c. 23 32 24 Laclede Gas St L pf. + 1 | tone barel y steady at net declines of | B 8 i Vas ias L 3 s 1 : 1610 K St. N.W. NAtL 1403 a warning against spreading such : 19 Celotex Corp = 5 2 25 z hlmnerl;:l?'iz)(sq . w ( ¢ 7 to 14 points. July, 13.02; October, 04 & b yments over too long a period. 3 54 Celotex Corp p 8 . 4 12 Lee Rub&Tire (50c 1 ] 12.17a18: December, 12.12al4: Jan. 3 L& A W U GE A 15520 1057 1057 e s hure o s veane 25% Cent Aguire (1114)- 3 15% Leh Por Cmt(aZie) & 2 uary, 1210; March, 12.13; May, 12.12 o e T S e S LAyRa - 35 Central RROfNJ_ 941 Lehigh Por C pf(4). 10\'/. Tait Gt gike: casties B0 - | FOREIGN BONDS. ton in buying power, he says. 613 Century Rib Mills__ . 2 Lehigh Valley Coal = EDOL sk, e, Cauca Valley 7s ‘48 < Low. Close 44 - 3 The credit expert is convinced that | gg @ 47s Cerro de Pasco (4)_ 3 53 3 9% Lehigh Val Coal pf. the bonus cash was not dissipated as | 1 8% Certain-teed Prod 5 s A | 815 Lehigh Valley R R_ 19% 8% Ce was the case several years ago. A | 102's 80! Certain-teed pf (7)- s 9 5 89 Lehman Corp (i8).. greater portion of this money seems | 104% 101 Champion Pa pt (6) ; 3 3 e 12 Iehn & Fink (1%) . to have been held in reserve to meet | ©9% 51 Ches & Ohio (2.80) @ 68 47% Libbey-Owens G(2) emergencies, he asserts 8% 4 Chigrt W of () T ElbbyMoNat &2 8 ‘ : 31% 25% Chi Mail Order t1%5. 2 y 97% Ligg&Mvers B(14)_ Seaboard Reports Earnings. s 1! Chi Mil StP&P (d) _ 7 :42 tlnk Bellt (:1'4'2)0) - B s r &1 Fee uniess loan Vil 23 Ch1 & NW (@) - y ¥ oew's ino = 5,830, 3 R ° 108 s ew. Wi—When issued. st Bt h_z;‘;uf:‘zegai"g imance Oorp. with 6% Chi & N W pf (d)__ % 8 % 2 Loftlne . puSoitonseed oll futures closed steady. | Belltg) Pk ; = J0svs Hodra | Gipi—stamped " TCE sranted 1915 Gt Eneumatio Tool 405 Loose-Wiles (2) | July, 9.39b: Seotember.” 9.u8b: October’ | Dinver G X 108, ‘cnfimm‘e‘s‘hé’é’r‘?id 8 Fecelvership, COLUMBIA ing, has just sent reports to stock-| 3" "y, ChiR1& Pac(d) - " 21's Loriliard (P)(1.20) 33, 2 | Bienchable: ‘Prune Summier " yeilow, ‘0,508 | B¢ : I3, 1050% 103 g holders covering the last quarter and 3% Chi R 1&P 6% of(d) ; 4 4 51 142 Lorilard Ppf (7)._. 144 0.70. Prime crude, nominal. F9 p€km‘”€”’ the last nine months. The report| & 31, Chi R 1&P 1% of(d) y sl 13 ‘x:‘o“ ‘8{3‘,‘2’,’@ 3 T . 'a N DIVIDENDS ANNOUNCED shows substantial progress. Total in-| 3 19% Chi Yellow Calf (2). 2! 9 26% 20 Louisv G&Ep o NEW ORLEANG ity Pt — 3 G g S13| NEW YORK. July 18.—Dividends de-| come for the nine months was $344,- | & 20 cmc:u::h.co 2). 2 8 89% 2«”»2 I:S‘d‘lfir;x N‘;e‘)fl('l‘):)— mlvln“cl:l)os}:gmq?ad;'u?t ln"et Lctlus:s”un‘; o - A A 1la :"l::«gork:r’wared by the Standard Statis- w(!leGdefls?yC!AI!’o“ 5 7 Childs Co LR : 224 e to 13 points. ‘ 3 s : | roani nuary 1. o1 aon I the quarter ending June 8514 Chrysler Corp (6) - 115 12| 42 35 MacAnd & For (2) Initial _ stk.of Pay-|| 733 12th St. NW. NA. 0352 " 15Y City Ice & Fuel (2) 7 2 29 McCall Corp (2).. Cottonseed Oil. ~ Pt s -3 L Rate. riod. record. able. | z = Total operating expenses for the | * 72:‘.‘1:; lce&F of (6%) E 5% 121% McCrory Stores. Bleachable cottonseed oil futures closed | Gon W G An lmm 1” {\Vl‘e‘![\l;?ncp "fi«‘lrrhfl”:yv‘" e nine months were $143450 leaving 33 Clev Graph Br (1) E 3 i 39% Mcintyre Porcu(2). fasy. pocolember, 9.5: october.” fkib o " z 1 4 50c Q@ 8-1 Ford s Toavic Treas an operating profit of $200,607 and a | 13 Colgate-P-P (50¢c). 4 14% - % 96 McKeesp't T P (14) 20 Contracts. inciuding 4 switches. b—B; Srores EA - (e 803 | First N N-' Ba"k jiEen .- Ered A Smith Secretary nct profibjbalance f 9151833, siu apwColliisd AR O = . . o 3 1213»-'. fi’xfif:'un"s’m?:: Liverpoot Quotation H‘ I (W F 1% pc non cum 0 || Member of e District of Colum (20181 operating expenines In the lask Soe Golo Foel & 17 () 6 27% Mack Truck (1, LIVERPOOL, Juty 18 (Pye-Cotton, 1,000 | Hotel Waldor % R "rl';(Tr‘flr;‘"l Tiih: B0c - || M Building * and Loan League quarter were $60.446, leaving an 24" Colo F & I pf (4) 40 Macy (R H) Co (2). bales. “including 100 American. ' Spot: | IIl Cent RR 4 1 103te s,.,".ng Inc operating profit of $83382 and a net 9 14 Columb G&E(a20c) 7% 349 Magma Copper (2). ot poofit of $63,126. b 9015 Col G & E pf A (6) 5 5 5 7% Manati Sug pf (d)_. 99 July October December January E M | Ttal Sup Pow | Parana Braz Bid 9T G0 | Rio de Jan 6155 * Spot closed dull, 14 nmr‘t@ lowr Sale 2 | Russ Glas 19 56: Jow midaling. 1151 in n good " middling, ~13.39; mmm, 810 % Biio 45 ' v e Wtihowt “,_ No Commissions—No Renewal 1 00 1S 00 e g b 2 5900 1S 1= 01 10 1 02 03 - o DN oo Moderate business done; prices 7 points lower. Quotations in _pence: American 80% Col G & Epf (5)__. 4 Yo 21 Maracaibo Ol Exp. 815 Marine M1d1d (40c) strict’ good middling. X.10: good middling. Reduped D % Col Pl te(tl). 3 3 3 INSURANCE STOCKS 94 Golum Carb vie(14) ; % 41 Marlin-Rock (12) 7N 7 Thdns PRL 3¢ 4 Sirict “low middhns. 7 10: o middiing, | Int Pow Sc " | Balt & cumb Valley,, . o . 6.80: strict good_ ordinary. 6 &0 od Intern Sc Am | i 630, Futures closed steady. | Intersta gg: 4 TS| : 1y Tnereased ]rst . Cf er. 4.4 ecembe! J H <! <y nvest e NEW YORK. July 18 (P —New York 4 44 Comcl Credit (3) __ 11% Marshall Fleld & Co July. ©.0%; October. 6.64; December. 6.5 n'® | Am = | £-curity Dealers' Association 100% Comel Cred pf 4% n 6! Martin Parry .- - e Ine_Pound Fund - 00° Acinn Cag e sked. | 1231 110 Comcl Crea vl (5% ) 315 12 231 + 14| 3 2713 Mathieson Alk 1% % v L : | fpegTpuna Fung 007 1 Ol.'t ace Aetna T (8m I o 55 Comel Inv T 13.60 103 Maytag 1st pf (8) - : BALTIMORE STOCKS / S5 s ~ | oLAA Sus Rermte : | Aring Dife Cooar 777727 % 97 Comel InT pf(4%) 4 6% Mengei Co .- Rraatet ) ) Ve 14% Comel Solv (80e) £ % 50 Mengel Copf Erectal Dispateh to The Star Kans Pow 3 2 Regular 2'4 Comw & Southern . k Y 40% Mesta Machine (3). - s.u,-rmong July 18.— Kentuck U 58 R AR E‘"mf‘?& gn&\-t'{,ms. Am Reserve (1a) 0% 59% Comw & Sou pf 2 5% Miami Copper Sales. STOCKS. H|z_'h 3 . | Koppers G S 3 3 onn 2 4 Supsty (o) -~ 325 Congoleum-N 1.60 17% Mid-Cont Pete a0c: % 49 Ralto T'g’:" P A.',,; HAR 3 i X Conn Plaveos } Aale hmer (1 g 10 ComnR&L ... 215 MidI'd Stl Prod (1 g Black & 1 i Liboy, Jeyed s : 1 o Gams Carolina_(1.20) 2115 8 Consol Cigar 65 Minn-Honey R t1% 1 ‘Pdi'flre“luérn& ‘Déposit 1(1; g 401 rr City of N Y _(1.20) 7 7 27% Consol Edis N Y(1) 615 Mion Mol 130 M. M 3% Milw G&E 4108 |5 "Ditado Ol Wiks- 4o Cono Cen 141e3{80) 4% Consol Film 4 574 Minn Moline Pwr pf M T Rt I £ | Prost St W Cold 15% Consol Film pf (31 1% M St P&S S Marle.. 2 13 ‘ Mis pt- B fais ,..|, M. qm-d Cohus "k CoLid 37 Consol Laundries . 2% M St P&SS M lsin_ 4 200 Ovaugy s Dist] 1 Re b 175 11% Consot Ofl (60c 16% Mis BONDS. Neb p' 4155 81 1081 2 1085 108% ot Eonaay Tadile e} GiMokaneaToes - 3 8, 8 3, 11| to00muo e ar n cow cow s NERTEE O 45T “‘*‘ 2 B New Eng G&E 5s 73 (Del) vte 214 Missouri Pacific(d e e 185 Container Corp (D)~ Srs Mo Bacinio DE(A> FOREIGN EXCHANGES. |33 2% 900 0 10% Contl Baking (A)_— 20% Mohawk Carp (1) . NEW YORK, July 18 (. —Foreign ex- 1% Contl Baking (B).. 79 Monsanto Chem(11) ch-nu steady: Great Britain in_dollars. 67% Cont] Baking of (4) 35% Montg'y Ward(8dc) cents: Gren% nm.xu dmm L 6714 Contl Can (3) 3% Mother Lode S AR e 1744 Cont'l Diam Fib(2)_ 28% Motor Products (2). a eman 35% Contl Lnsur (11.20). 15% Motor Wheel (1) .. 21 Contl Motors 11% Mullins Mfg (B). 2814 Cont) O11 of Del( 14 Murray Corp B paHire 1 A 2 27 Contl Steel Corp(2) 43 Myers(FE)&Bro 12 Soringfield M":fl - 56% Corn Ex BK&Tr (3) 15% Nash Motors .“L." Bun Life " o\ 5 68% Corn Prod Ref (3).. 20t Nashv Chat&St L_ U S Pire (18 PR Ot 4 Cotv Inc 5 12% Nat Acme Co - Westchester (1a) ~ 5 Y2 35 Cream of Wh (2) 915 Nat Aviation. - a—Also extra or ex: 0¢) & Nat Av'nrts Aug 3. = this vear. 15% Crosley Rad (a5 = Decllnd or Blld m far s yeal 43% Crown C & 8 (1) & 31% Nat Biscuit (1.60) 7% Crown Zelleb’k vto. 2115 Nat Cash Reg (50¢) NEW YORK PRODUCE. 28 Crucible Steel ... 21 Nat Dairy 2(1.20) 27% = MONTREAL SILVER. YORK. Juls 18 (. Esss, 4 1% Cuba Co : an il iry P pfA(T) f Ed 3 - 053 | cnerd: el Iflyx‘:{eldy mixed colors, 6% Cuban-Am Bllll! “l)g% Ixs:ll g:D'ys'OD 18 (M. —!IIVC‘Y‘ futures 3%s B “5’4 1"5"- 105’1 Ch-nur cor d duck ege prices neninged.. 167% Curtis Publishing i ONTREAL. July 57 l""' ]0"“ ]00' Chi Y _50¢ Ly 33% 25% Nat Distillers (2)_ "",““ steady, wnchanged to 80 h Sou In¢ Ry Ay '3 * 415 | Dal P . I. 7 ve pid §1.75 frm: prices unchang bic ot Balk firm; prices unchanged. 4 Cur Lol For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 5Y2% Promp: Action B. F. SAUL CO. 925 15th Street Natl. 3100 B T erE] BTt S e R ER EFRFEES 3100 3¢ EERRE et SRR o &% - L 105 101 10434 104% 104% 120% 120 1200 /' R ) oy RESR5% 23 3 - = N T EFE ALiziB=D 1939 s ‘Switzerland, : Portugal, 4.00; Greece, 2 and. | Peop G L 955 eehouov-kh, 16: Pitts Coal i Aust .00n: H! 9 Pitts Steel ® 3 IO SRTP PN = =P YO Hone’ s mecfi""m{m Lith Cip® 3 B8 S_P&L o1is A 3 08 in Montreal, 100.06% - B 1 55 C_'50 it 03 !vg,e/t;er 'rr.rub Lm;i crg : e pi Strawbridge & Giothier Dcr g‘? $1.5 o Nwa - ® Rd bl - FFEF FEE E §F F ++1 EX W OO0 © © D O OO D DOOROOLOOOOD POOO © Om © O P oaNA S ~Cuoma | 87% 28% NatEn& Stpg (2)-. 30 -1 ™ December..... 4525 495 457’."5 SN s 01T 108w 1600 108 L'$6 prd.$1:50 A : - k3 <