Evening Star Newspaper, July 24, 1936, Page 15

FINANCIAL. RAILS POINT WAY IN BOND MARKET Trading Turns More Active Late in Session After Quiet Start. U S Gov't Bonds Foreign Bonds Domestic Bond: TREASU 235 1948-51 238 1951-54 275 1955-60 351946-48 3 1951-55 _ 3348 1946-49 3%481240-52 48 1941 48 1044-46 as‘- 1940-43 June 335 1941-43 Mar 158104347 _ 3% 8 1946-56 43,8-3%81943-45 43,51947-52 _. Bond Averages 20 10 10 10 Ralls. (ndus Otl) Forn Net change. Unc. —2 —.1 Une. Today, close 93.5103.5102.6 69.3 Prev. day... 93.5103.5102.7 69.3 Month ago. 92.2103.0 1020 67.6 Year ago... 81.2 98.6 96.7 68.5 1936 high___ 94.3104.1102.9 72.0 1936 low 85.9101.8 99.3 67.6 1935 high__. 87.81022 99.8 704 1935 low. 764 922 845 655 1932 low. 458 400 64.6 422 1928 high-..101.1 98.9102.9100.5 10 Low-Yield Bonds. Close ... 111.6 Prev. day- 1115 Montn ago 111.6 Year ago- 110.4 1936 high_ 112.3 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 104.4 1932 low_. 86.8 351947 _ 351949 3%s1964_ 23%s1942-44 238 1939-49 13871952 . Abitibl Pa&Pw 3 Adriatic Elec 7 Agr Mtg Bk Col 6548, Akershus 58 ‘63 Antioquia 7s '45 D. Argentine 5%s '62 Argentine 6357 A Argentine 63 '59 June Argentine 68 '59 Oct Argentine 6s '60 May Argentine 65 ‘60 Sept Argentine 6s ’60 Oct. Argentine 6s '61 Febr Australia 4% Australia 58 Australia §s 57 Austrian 78 '57-. (Compiled by the Associated Press.) By the Associated Press. NEW YORK, July 24.—After a quiet start the bond market turned more active late in the session today with raily i the vanguard. Carriers up fractions to around 2 points included New York Central con- vertible 6s, New York Railway Income 6s, Boston & Maine 434s, Illinois Cen- iy tral 4%, Baltimore & Ohio 414s and | BelEIum 6855 g gium 6355 49 Great Northern 41zs. | Belgtum 78 56 Industrials up fractions to a point or | Berlin 615550 so' were Youngstown Sheet & Tube | Berlin Blec :; e 3l:s, Walworth 4s and Allis Chal-| ol . El'fiy sfl%l 56 mers s, | Brazil 63%s "26-57 The foreign sector likewise quickened | | Brazil 6135 2757 with gains of a point or more scored | Brazil 7s°52 v | Brazil 8s 41 by Poland 7s and Brazilian 62s. Brisbane 5857 Losses, running generally to around | Brisbane 5s '58 4-32s of a point, predominated in the | Buen A 43:5-4%8'75. United States Government list. Under | Buenos A 43 pressure were Treasury 27gs, the 3s of | Buenos Alre 1955 and the 23 of 1951, which' ufififfiés‘r:'ss yielded about 6-32. | BuenosAC6%;s'61stPv CHICAGO GRAIN Canada 3%;s 61 | Canada 4s GU_ | Canada 5: | Carlsbad 8s'54_ By the £ssociated Press. ! Chile 6s 60 CHICAGO, July 24—Notable weak- | Shii® 85 81 128 ness developed in the corn market late today, and did a good deal to drag wheat down. July and September corn suffered | the sharpest tumbles. July fell almost 3 cents a bushel. Forecasts of rain in virtually all of the North Central States where drought has been preva- | lent acted as a decided bearish in- fluence. Corn closed unstable at nearly the bottommost point reached, 19:82% under yesterday's finish, July, 9075 September, 8715a’>: December, 80%:2 35; wheat, 112a2 cents down: Sep- tember. 1.03'2a3s; December, 1.04!sa s; oats, % to 1 cent off, and pro- visions varying from 2 cents decline to an equal gain. | Chile “ll Bk 6561 | Chile Mtg Bk 628 '57. Chile Mtg Bk 63 s'61. Colombia 68 '61 Jan s 61 Oct. | Col Mtg Bk 75’46 Jopenhagen 4% Cordoba 7s '42 Prv.. Costa Rica 7s A "51.. Cuba 4725’49 Cuba 55 ‘04 Cuba 5514 Cuba 5128 Czechoslovakia Ss '51 Czechoslovakia 8s '52 Denmark 4328 '62 Denmark 5128 Denmark 68 42 . Tominic 1st 5338 42 Wheat futures purchases yesterday | pn7C s i totaled 39,842,000 bushels; corn, 16,-; i 266,000, Open interest in wheat was | Estonia 78’6 n, 25,- | Finland 68’45 _ ::Glg;ooflfl bushels, and in cor Finiand 6%e 66 Frankfort 6%s '53 AT— Open. M | French Gv 7s French Gov 7% | GerC Bk A 6338 | Ger C Ag Bk 68’60 Oct | Ger C Bk A 75’50 | Ger Gen Elec 6848 Ger Gov 5% "65 st Ger Gov 5728 "65 un st Ger Prv & City Bk con Ag 6138758 Grt CEl Jap 638’50 GrtCElJap 7s’44___. Hungary 738’44 Febr couponon. ___. Italy 7s 51 | sapan 6358 54 | Jugos Mtg Bk 75’57 unmat coupon Kreu&Toll 5’59 A ctfs Leipsig 75 47 Mex 45’54 asst. Milan 6%s '52 Montecatini 78 New So Wale Norway 41,8 '65 uly Septembear December CDEN—— July ;) : September Rity December - 3 S04 OATS— July __ September December— 03 l')uuln5’ul 9078 ) R - Dlfl‘h er December October__ December_ 5 EELLIES e ] 1 1 Chicago Cash Market. Cash wheat—No. 1 red, 1.07%;a1.08; No. 2 red, 1.07a1.07!2; No. 3 red, 1.06; No. 1 dark hard, 1.13; No. 2 dark hard, 1.113;a1.1212; No. 1 hard, 1.108 | Norway 414s ‘66 1.13; No. 2 hard, 1.09a1.1112; No. 3| Norway 5563 . hard, 1.09a1.09%; No. 2 hard tough, | Norway 6s'43. 1.09; No. 2 hard smutty, 1.07%; No. 2| Norway 6s'44 _ mixed, 1.067;a1.08; No. 2 mixed, gar- | Oriental Dev 6s°33._. licky, 1.06. Corn—No. 2 mixed, 932; | Oslo 43,8 '55 No. 1 yellow, 93':a04: No. 2 vellow, | OSl0 G & E 55 63 2313094; No. 4 yellow. 9212a93; No. Panamas5i;s’s3 5 yellow, 92; No. 2 white, 1.04%:; "'srm"mucm!'fl sample grade, 87';. Oats—No. 3 p_r;”fi‘f&“?‘”‘ oft white, old. 3712; No. 4 white, old. 35: | peru 65761 No. 1 white, 38':a39%4: No. 2 white, | Poland 7s ‘47 38a39%;: No. 3 white, 37a37!2; No. 4 Porto Alegre 83’61 white, :h‘;aas‘ : sample grade. 33n' June coupon off 353, Soy beans—No. 2 yellow, 1.29; | Prussia 6%s’51 sample grade, 1.24. Barley—New, 93a l Rhine W E1 P 6s '55 . 1.00; old, No. 3 malting, 95; feed, 55a ' Rheln Ruhr 6351 - 65 nominal; malting, 70a1.02 nominal. | ®3 de Jan €328 '3 Timothy seed, 6.10a6.50 cwt. Clover seed, 14.25a19.00 cwt. Rio Gr do Sul 65 '68 June coupon off Rio Gr do Sul 75’66 May coupon off Rio Gr do Sul 85 ’46 April coupon off . . Rome 6%s '52 Sao Paulo C 6%s '57 May coupon off ___. Sao Paulo C 8s '52 coupon off Sao Paulo St 65’63 July coupon off Sao Paulo St 75 °40. Sac Paulo St 7s El Sent coupon Sao Paulo St 8s “ July coupon off Sao Paulo 8t 8s '50 July coupon off Saxon St Mtg 6%s '46. Serbs 75’62 unm e o Serbs 85’62 unmeco Shin’su E1 P 63;s '63 Svdney 5%s 55 . Tokio 5% 61 . Tokio EL Ltd 6s'53_. Ujigawa EP 7845 Uruguay 6s ‘60 Yokohama 6s ’61 BALTIMORE. July 24 (#).—Wheat, | No. 2 red. Winter. garlicky, spot do- | mestic, 98; July, 98. Liverpool Wheat Prices. LIVERPOOL. July 24 (P.—Wheat fu- tures closed steady. High. Low. 1.04 1 1.02% 1 uml 9612 July Octobes December 1.01%4 Mereh 97 Exchange, 5.01. —_— 30 DIE IN TYPHOON Dispatch From Kagoshima Says 27 Persons, 9 Ships Missing. TOKIO, July 24.—The Domei (Japs anese) News Agency in a dispatch from Kagoshima today reported 30| persons killed and 27 persons injured, and 27 persons and 9 shps missing after a typhoon there. Property damage was extensive, the dispatch stated. Reports from Fukuoka prefecture near Shimoneseki said 12 houses fell, one person was killed and roads and crops were damaged heavily. 4847 45748 Adams Expr Adams Ex Alleg Corp 5: Alleg Corp bs 49 Alleg Corp 58’50 Alleg Corp 58 ‘50 stp.. Alleg & Westn 4598 Altied Stores 4348 '50. Allis Chalmers 4845 Am & For Pw 585 °2030 AmIGCh6% Am Intl 535849 . Am Roll Mill 4%s AmT&T4%s’39 . AmT&Tcl tr6s’46.. Am T & T deb 5560 Am T & T deb 5s ’65 AmT& T65%s 'fl Am Wat Wks 6 Am Writ Paper Anaconda deb 4%s '50 Anglo Ch Nitr 75’46 Armour(Del)1st 45’55 Armstrong C’k 4s°50. A T&S Fe gen 4s'95 A T&S Fe 413548 _ Atla&Ch A L 58 "44 Atl Coast L 1st 48’ At] Coast L clt BOSTON WOOL MARKET. BOSTON. July 24 (P .—(United States Department of Agriculture)—The m menk of wool in the Boston, msrket con- de to be mostly of fine Western grown llnu today. The price situation was un- o 'gled compared with the earller part Blllble offerings of average to good French combing length fine territory wools in original bags v re firm at 83-85 cen! scoured basis. although it was repor thag small lots were occasionally obtainable ston at slis 1t was -lm reported possible '.o hu ll\ ocuswnnl clip in the Wul mt wcud cost around 80 cents I FOBEIGN MARKETS. DON. July 24 ().’ R taining a firm and active session earlier '}n&h ay. Trans-Atlantic ares, and mining stock also were i Fome rails aseiined Santly and some of b most active issues reacted. due to """I:R.'x's = from firmness in coal cur ces Tn th- lonm gl ved me‘m. . Gove jower, A rational oo soved Jractionally 1n Soth airections.” Atlantic & D Ist4s "48 Atlantic & D 2d 45 *48 AtIG & W | 8’59 Auburn Auto ¢%s'39. Hish, 101.27 101.4 1029 1 105.4 105.4 104.13 104.11 104.13 105.26 105.26 105.26 105.26 105.26 108.26 108,24 108.24 108.2¢ 107.19 107.15 107.18 108.7 108.7 108,25 108,25 108.25 10811 108.11 108.11 11110 1116 111.10 107.29 107, 117,37 117 FEDERAL FARM MORTGAGE. 103.26 108.22 103.26 1035 1085 1043 103.5 104.3 HOME OWNERS' LOAN. 101.14 101.11 101.14 101,14 10111 101.1¢ 102.23 102.20 102.23 FOREIGN BONDS. High, Low. Close. Atl Refining deb 53’37 1 BONDS ON Approximate Transactions Today. $ 630,000 810,000 8,400,000 RY. Low. 104.3 5614 56 80 80 20% 20% 98% 9835 9% 9% . 1003 100 101 100% 101 100% 100% 1004 101 101 10085 1004 10134 100% 1003 100% 1013 10135 10734 107 107 107 9535 953 106% 10634 1073 10734 nms 10835 23 28% 284 243 24% 27% 26% 28% 33 10134 10134 - 101% 101% 4 K 6615 6635 6684 6435 993§ 991§ 70 10 10174 1013 109%; 109’5 11434 11435 abl§ 3614 3 143 145 143 Y% U4 14% 4% 1435 13 13 13 10534 10034 21 174% 162% 354 95 10334 10834 9675 96% - 101% 1015 T 1015 101% _ 10635 106 106% 10634 81 81 9T 9T 10115 10134 105 105 18 15 118 6035 164 1 135 593§ 19 2214 25 23% 16 19 2214 2 233 18% 16% 183 24 10% 18 24 8434 10434 10434 e 1y 8% 8% M4 9Ny 4% DOMESTIC BONDS. 1013 1008 101 3 625 10134 10134 10034 10034 1363 1853 D 1y 109 1083 13 112 1125 112% 11435 1144 110% 1013¢ 36 ms,( 105 314 81 98 97% 105%4 105%§ 114% 114 112 11134 1113 1113 9Ty 9N 90 8535 85 99% 99 853 85 51 51 5% Y 06 106 g 1% By private wire direct to The Star. Close. 5 101.26 101.4 102.7 106.5 108.7 6 107.26 1727 55% 80 20% 9834 9% 100 101 1003 100% 101 1008 101§ 1008 101 107 107 9835 10634 1073 1063 134 STOCK High. low. Close. 106% lm IM!( 7834 nM llm um am H] uu 8 8T 81 9934 983 98% 10834 103% 1084 105 1043 10424 98 98 98 12 12 106 N Y. L J— 0 Bos & Me b8 67 Bot Con M 6128 Bklyn Man T ¢ Brown Shoe 3% s 5! Buft R&P con 44557 Bush Term con bs '35 Bush Term Bldg 6s '60 By-Prod Ck 5%s'45__ dian N R 4%8 51 dian N R 438 '56. 'dian N R 4%s '67. diap N 58’69 July 1174 117% 11754 jan N R 58’69 Oct 12054 1195 12034 an N db 6358'46. 128%4 128} 128% Can‘dian Pdb dsperp. 9744 96) 963 Can'dian Pac 4%s'46. 106 106 106 Can'dian Pac 4338°60 106 105 105 Can-dian Pac 58’44 cfs 11534 11634 116} Can’dian Pac 63 '64 108} 108 108} 74 106%5 10874 nou 1105 11014 10634 106 106 13 13 13 83 83 86} 83 10925 109% 1934 194 1934 10134 101 1013 106 106 108 uu n% u: 875 M B9y 95% 96% 95%4 118% Hlu ‘IIB! 11634 1. 114 118% lldA Cent of Ga Centof NJ Cent of N J gen 65’87 Cent Pac 1strf 4s'49_ 110 Cent Pac 5s '60 . 102 102 10234 CentP Tr Sh L 4s’54_ 107 107 107 Cent RRBGabs'37.. 85 845 85 Cent Steel 8s 41 12634 12534 12844 Cert’ddeb5%s 48 ... 92% 92 923 Cherap Cev bs '44.. 133 182 138 Chesap Corp bs "47 1613 150 150% C& O con 55’39 11034 11044 ll(l!( C&OR& A 1st 45’89 115 116} 1154 Chi & Altref 3s°49 __ B1% B1% 514 Chi B& Qgen 48’58 113% 1133 11335 ChiB&Qref 58’71 115} 1163 115} Chi B&Q 1 djv3%s’49 108 108 108 Chi B&Q I div 4549 _ 1118 11135 1113 Chi & E Il §s'61 203§ 19% 20 Chi & E I11 58’51 ctfs. Chi & E I11 con 6s '3¢ Chi Grt West 4i 34| Chi1& L gen CM&StP 45’89 CM&StP 5s *76 CM&StP&P adj 552000 14| Chi & NW gen 45 '87__ 95 1084 | 96 1013 101% 605 19 2214 2 233 18 16% 1834 24 9% 163 18 m % 10034 13634 111% 10835 ity 12y 11434 110 37 108% 313 98 1083 e 112 my % 90 85 9% 8535 51 5% 104 ‘z’( Chi & NW 41352037 Chi & NW 41252037C. Chi & NW 4%8"49 __. Chi & NW 4% 8’87 Chi & NW gen 55 '87.. 4| Chi & NW rf 55 2037 __ C&NW Nr W 6%s'36._ ChiR I&P rf 4s8'34 __ Chi R I&P rf 43’34 ctf Chi R I&P gen ¢s'88 Chi R I&P 438’62 Chi R I&P 438’52 otf. Chi R I&P 4%;8'60 Chi St L&N Me 45 '51_ 4| Cht T H&S 18t 5860 Chi T H&S inc 58 °60 _ ChiUnSta3%s'63 E Chi Union Sta 58 *44__ Chi & W Lcon 45’52 Childs & Co 5s '43 Chile Cop deb bt CCC&St Liref 55 °63 D CCC&StL StLdv 4s'90 CCC&StLCW&M 4s'91 Clev Un Tel 4%s'77 Clev Un Term 58’73 B Clev Un Ter 5128’72 A Colon Oil 6538 = Colo Ind cl tr 55’34 Cola & So 4%s'80 Columbia G & E 5s 52 May Columbia G&E 58’61 Cons Ed NY 3%s'46n Cons EA NY 3%s'56n Cons Gas N Y 438 °'51 Consum P un 33%s 65 Cons Power 31870 . Container 65’46 (‘rnwn Zell 68 °40 ww Cuba RR 1st 53’52 Cuba Northn 5128’42 Dayton P&L 3! 0 Del & Hud ref 45 43 Del & Hud 5%s '37 Den& RG con 45’36 Den &R G 415736 Den&RG W 5855 . Den & RGW 5s'55 asst Den & R G ref 58 '78 Des M & Ft D 4835 cfl Detroit Edis 4565 F Det Edison 4%s '61 D Det River Tun 4148’61 Dul SS & At 58’37 Duquesne Lt 333 ‘56 B Cuba S 7135 '37 ctis | EI P&S W 53’65 stp__ | Erie cons 4s Erie gen 4 Erie gen 4s"96 reg. Erieref 5s'67__ Erie ref 5575 { Erie Gen Riv 68 '57 i 10535 1043 1043 104% 10635 106 1043 104 1024 5875 564 1064 8215 1013 It 24 1734 185 274 4 110%§ | Farb’ks Morse 48 °5 | Fed Lt & Trac 5842 Fla ECRy u&- 59 | Fran Sug 7% Gen Thea Eq 65 40 Goodrich 63’45 _ Goodyear T&R §s ‘S'I Goth Silk H 58’46 ww Gould Coup 6540 Gr Tr'k of Can 63 '36_. Great N Ry 45’46 G _ | Grt N Rgen 4128’76 D |Grt NRgen 4% "7 E_ Grt N Rgen 5s’73C__ Grt NR5% Green Bay § Gulf M & N 55’ Gulf &S1rfss Gulf Sta St15%8'42_. Hack Wat 1st 48’52__. Houston Oil 5%s '40... Hudson Coal 5552 __ Hud & Man inc 58 ’57_. Hud & Man ref 5857 Il Cent 3%s '62__ 111 Cent col tr 4852 . 111 Cent col tr 4s°53.. 111 Cent ref 4s ‘65 - 111 Cent 4%s '66 111 Cent ref 55’55 ICC&StL N O 4%’ ICC&StL N O 68 '63 MCStL &N 05s’51. 1 79 102% 107% 102% 1075 102% 443 32 107% 102% 443 32 Int R T 75’32 cul —— Interlake 68 51 Int Cement Int Grt Nr 5: Int Grt Nr 6s°52 Int Hydro El 65’44 Int Mer Marine 6s " Int Pap 1st 55 '47 A. Int Pap ref 6s 65 IntRyofC A IntRyofCA Int Ry of C A 6138 "47. Int T&T cv 4%s '39_.. Int T&T 434862 . Int T&T 58 °55 James F & C 4539 KanCP&L 4%s 61 Kan C So 15t 38 '50 .. Kan C So rf in §s '50_ Kan C Term 1st 45 Keith 65 46 Kings County El & Pw pur mon 65’97 Kresge Found 4s "4l Laclede Gas 53 ‘39 Laclede G 5%8'53C... Laclede G 5%5 60 D. Lautaro Nitr 6s '54 Leh C&N 4%s "54 A.. b4 416 9434 11§ 115 1114 8 8 86 4l 94 94 9234 1693 1593¢ 1695 110)4 10934 110} 1003 10035 10034 54 LVNY4%edoatd Leh V Pconds n:: JUnEIL&PB5s’57 % C 11 1113 111 1013¢ 1018 1015 108% 108% 108% 10254 1025 1023 9% 96 9 103% 10334 103} 100 McKees & R5%8°50.. ”ny M4 183 ms 7834 MeCRRelt4s's5A . Me C RR gn 4345'60A_ WASHINGTON, Hign. Low. Close. a0y ax ay 60 5934 5934 56 65 56 88 874 88 108% 105 10836 106 106 108 108% 1053 1085 33)5 3314 33 82 % 3534 Manati Sug 7% Mead Co 68’45 __ Mich Cent 4338’79 MiIIER&SLbs’61 MilSpa & N W 4s8°47_. Mil & Nor con 438’39 Minn &S L rf 4549 MStP&SSM cn MStP&SSM bs '38 MStP&SSM 5158 '49 Mo 111 55 '59 MoK & T 1i MoK&T4s'62 B MoK&THEs'62A __. MoK&T di 6867 Mo Pac 4 : Mo Pac b i A.. Mo Pac s 17 F'_, Mo Pac 58’18 G Mo Pacific 55 80 H Mo Pac 55’811 Mo Pacific 5%8'¢9 Mob & Ohio 4%s'7 Mob & O M div & = Mohawk & M 45 '91_. Mont Cent 6s 37 Mont Pwr ref 3 Mont Power bs Mont T gn rf & Mont Tram 5s 4 - Morris & Co 414839 Mor &Essex 3%s 2000 Morris & Essex 4355 Mor & Essex 58 '556 - Namm & Sons N v C&St L Nassau Elec Nat Dairy 3%s'51 ww NatDis P C 4% 8 Nat R M 1s! Nat Steel 4 t New Or GNR 65’83 A New Or & N 4%s8'52_- New Orl P S 6s 5% ; 1 | June. New Or T&M 58 New Orl T&M 5%8 54 N Y Cent3%8"97. .. N Y Central 3% 46 N Y Cent 4542 % | N Y Cent con 45’98 . N Y Centrf 43%s 2013. NYCrf4%s2013n N Y Centrt 5s 2013 N Y Cent cvés'dd. NYC&St L 6%s NYChi&StL6s'38.. NYGE] HEP 4549 NYGEIH&P 55’48 . N Y & Harl 3138 20_(\0_ NY NH & H 45’56 NY NH & H 4857 NY NH & H 413867 NYNH&Hcv 6 NY O&W gen 45 '55. NY O&W ref 4s NY Queens con 3% '65 nc 6s 65 NY Stem 1st NY S&W 1strf5s 37 NY Tel gen 4238 '39. NY W & B 4% 46 Niag L & O P 58 55 Niag Sh 6%s 60 Norf So 1st ref 58’61 North Am Co 5861 North Am Ed 5128 63 Nor'n Ohio 1st 5845 _ Nor'n Pac gen 3s 2047 Nor'n Pac 6s 2047 - North Sts Pw 4155’61 North SP 1st 5541 A Ogden L C 48’48 _. Ohio Con'ting R 55142 Ohio Edison 43 1 Ohio Pub Sve 11 *46 Oreg W RR & N 48’61 Otis Steel 63 '41_ Pac Coast 5s '46 4PBCG&|‘;1!'6 PacG & E§s’4 Pac RR Mo Ist 45’38 Pac RR Mo 2d 55738 Pac T&T rf3%s’66 B Par-B'way B’-u'Sl Pparamount Pic 68’55 Parmelee 6s 44 PennO&D 4 Penn P& L 4%s'81. Penn RR 3%38'70 C Penn RR con 45 "48. penn RR 45’63 Penn RR 4%s'81D__. Penn RR 4%s Penn RR gn 4% - Penn RR deb 42370 People G L&C rf 55’47 % | People G L&C 6543 Peoria & E 1st 43’40, Pere Marq 418’80 Phila B&W 45’43 Phila Co 58 '67 Phila Elec Co 4s'71_ Phila & R C&I1 53’73 Phila & R C&I 68’49 Pitts&W Va 4238’58 A Pitts&W Va 41:3'60C Port Gen El 4155’60 __ Postal Tel & C58'53 . Pure Qil 474850 ww.. Purity Bak 5848 Reading Jer C 45’51 _ Rem-Rand 41,5'56 ww Republic Stl 4158’61 Republic Stl 4128’50 . Republic Stl b ‘,;l b Revere Cop 4745’56 _. Richfield O 6 Rio G W col 4s 49 A StJo& G 1R 48’47 StL IM&S R&G 45 '33 StLRM &P 58’55 St L-S Fran 48’50 A St L-S F 4550 A ctf. St L-S Fran 4%s 78 78 cf St L-S Fran 58’50 B. StPUnDeprtB 72.. San A & A Pass 45’43 San An P Svc 6852 A. Seabd A L 65’45 A Seabd A-F16s35 A ct_ Seabd A-Fla 6835 B ct Shell Un deb 3%s’51_. Stlesian Am 7s 41 Skelly Oil 45 '5. Socony Vac 3%s So Pac col 4s '49 So Pac ref 48’56 Sc Pac 41568 _. So Pac 415869 So Pac 4%s '81 So Pac Oreg 4%: So Pac S F Ter 4 So Ry gen 4866 A So Ry 58794 So Ry gen 68 '56 So Ry 6%s 56 _ SoRyM&O4s’38_ . So Ry Mem div 58 96. So Ry St D div 48 S W Bell Tel 338 ‘64 Spokane Int 58’55, Staley A E 45°46 Stand Oil N J 3s = Studebaker cv 68 *45 Swift&Co3%s 50~ Tenn Cent 6547 . Tenn C & C 65’44 B._. Tenn El Pw 63 47 Term As St L Texarkana 5% Texas Corp ¢V Texas & N Orl 58 43 Texas & Pac 58’77 B... 1 Texas & Pac 58’79 C_.. Texas & Pac 5580 D_. Tex & Pac 1st 55 2000 Third Ave ref 4s 60 Third Av ad in ex 5s’6( Tol & Ohio C3%s Tol St L & W 4s ’50 Tri-Contl Corp 53’53 Truax T C 6%s 43 96% 9634 1143 1144 8% 13% 1065 1043 0% 90% 931 9% 1% 18 9% 99% 89 891( 1075 1073 19% 20 1083 105} 98% 99 97§ 9734 106 106 98 98 103%¢ 103% 100 100 108% 108% 34 10634 106! 101% 1013 105 103% 104% 10434 106 1053 106% 128% 1233 705 704§ 38% 38y mu 1063 0054 10085 unx 119% 99} 99% 1053 1053 1053 105 106 105 11334 11334 11334 10834 1083 10834 UREIL&P5%s 54 Un Pac 1st 45 *47 Un Pac 45’68 Un Pac 1st rids 2008 _. Un Pac 1st rf 55 2008 United Biscuit 53 '50-. United Drug s '53 U SPipe Fdry n%- 46 10734 10734 10734 1013 10134 10135 11934 1163 119 106% 106% 1063 45) 44 MY 10434 Ul P& LGS Util P&L5%s "47... *Sharp Gains Scored During % | similar period in their histories. Dol- | by poor weather. | gatnerea_from wholesale dealers (prices % aition. fair condition: ‘poor RETAIL TRADE NOW HIGHEST SINCE 1330 First Half Year, New Survey Reveals. &yecial Dispateh to The Star. NEW YORK, July 24.—Responding to a combination of increased pur- chasing power, fair weather and good consumer buying psychology, retail trade for the first half of the current year was the best since 1930, accord- ing to a current survey by the Stand- lard Statistics Co. of New York, Mail order sales were approximately 187 per cent larger than in the previous year, all leading companies reporting the greatest volume for any lar transactions in department stores were 10 per cent ahead of last year, the sharpest gain for any first half since 1923. Specialty and furniture stores scored increases of more than 20 per cent. Variety Store Sales Up. Of further significance was the | strong revival of variety store sales during the final two months of the first half. After an extended period of only nominal gains, sales in May showed a sudden increase of 15 per cent and then rosc 14 per cent in The impro ement, however, may be regarded as temporary and does not reverse the seemingly gen- eral trend of variety chains toward stabilization rather than additional expansion of volume. In May, the stores benefited by the carry-over of post-Easter busi- ness, realization of which was prevented in the final weeks of April This business was improved by larger consumer purchas- ing power and stood out in contrast with the poor volumes realized in 1935, when the month’s trade was re- stricted by cold and rain. The June rise, also in comparison with a fairly poor month, was aided during the last 14 days by the spending of bonus funds, particularly by the almost im- mediate cashing of the “odd amount” checks which accompanied almost all bonds. A return to the only moderate gains realized during the first four | months is now probable. Groceries Sales Off. Among all divisions of the retail | fleld, the chain groceries made the poorest showing for the first half. Sales were only 1 per cent higher | than in 1935, despite the fact that | during the greater portion of the| time retail prices were slightly higher | than a year ago. On a tonnage basis, practically no gain was registered. Washington Produce | | tostores | to Featby shippers based on Philadeiphia and | New York prices): One-pound prints. car- s 1-pound prints, carton -pound prints. carton (92 und | prints, carton (90 tubs (92 score), 35: tubs (90 | BUTTER—Range of prices *Bies. 0'aa10: st hogs. 2 calves, baila: *Brices paid shippers, nmet fob. Wash. ington (by the United States Bureau o Axn&ullur | Economics) : | t \ Current receipts. 1 3 8 few &l tament, wradet and dated: w uincluding grading and marketing costs 4: U. 8. extras, me- | diums. nderds, 20: U. brown standards, larse. 3 LIVE POULTRY Marke! about steady Fowl: Colored. e Leghorns, 14 a16: roosters. 10a12. Chickens: Plymouth ks, broilers and fryers. 19 16a17: ‘mixed colors, T 29: large, Mt Fruits and Vesetables. Sales in_large lots by original receivers | up to & am. today: PEACI Fwo Georgia arrived: ome broken and two unbroken cars on track. | Truck receipts moderate: supplies libe mmlmum S PERMELONS Five. South - Carolina | | artiusd” two broken and five unbroken ears Supplies moderate; demand | South Carolina. Tom | 250 | each. CANTALOUPES—No carlot_arrivals: ne | cars on track. Supplies moderate: dem moderate: market steady. North Carol} Saimon Meats. = standar rds, Ridgeway_section. label labeled. 1.50a2.00): mr "condition, other sections, J 252150, ONEY BA! No carlot arry Practically no sul market ¥ DEWS—One California arrived: one broken and (")17‘? d\lflbrfld\eln hrlll’! on | C! lies light lemant iR track. aer ! California. standard crates. et 25 25, poorer lower 12 e e T5 Bovlor arrivals: two broken | cars on track Supplies moderate demand moderate: marke{ steads. Michican, Hign- | balls #0al York crates, o | dividually 3 | calitrmia, un- y.00: | en . fignt: demand S\IFDIIQ! 'North Carolioa. ERS—NO carlot lrnv.h cars on track Supplies modera moderate; market steady. 73 bushel baskets, 50. Lettuce Market Steads. {ve California arrive Dununes modernl dem:n mo f market steady, Teeberg tvpe. 5 no ucuons | dition. L Big Boston type. lot arrivals; nO €ars plies moderate. demand mnrku steady. Euum lhnl'; e barrels. Cohblflks No. 1 S0 Eastern crates, 0. PO’ A"TO!&N" car! . 100-pound North Carolina SNS—No - catiot arfivils: lies moder su:&ndy New .mszy.l pound sacks. Yellows. u. 1 21,10 TOES—No carlot mw‘ls no cars mMAk sunnllet lihernl denémd mod- arket ste: bo rlp Nio rack. l|¢ht mlrket 00: DY iy “‘-bn; el bukets. hlr - Condition. “‘fll’%fl! bl‘x}hzls | 75, a 2 XED VEG! LBS—Nnk carlot ar- | ar on tra rivals ane broken a1 on WAk, e by !9"/i as,i 8974 10814 108 108 59% 59% 59% | 1043; 10435 1043 | 95%; 953 95% | 30% 303§ 304 2015 2034 29 10234 10214 1025 vanadium cv 58’41 Va E & P 1st ref 45’55 ValrC&Cl1st5s'49- Va Ry 15t 3%s 66 Va S W con 58’58 - Wabash 4%s'78 ‘Wabash 412878 cll! Wlhllh 1st 55’39 bash 58 '76 B._. Wlblun 6580 D_. Wabash 538 "75_ ‘Wabash Des M 48739 Walker H& S 41,845 Walworth 4s ’55 ‘Walworth 6: Warner Bros ev 6s Warner-Quin 6s°39__. ‘Warren Br 6s ’41 rcts. WPaPi4s’61H WPIPII!EI’“E o W Sh 1st 45 2061 gtd West'n Md 1st 45 *52_. West’'n Md 5%s'77 K3 lom 10835 108} 122 122 122 9235 9234 923 10134 101 10134 10734 1073 10734 West'n Un 4%s ‘50 Westn Uncl tr 5s5°38_ West’'n Un 58 '51-. West’'n Un 58’60 Wheel Steel 418 '“.. ‘W Sp Stl con 7s '35 et Wfllon & Co 4855 107% 107% 107% 10534 10534 10635 106 106 106 108 1073 107% 10034 1001 10034 241 2334 2334 10134 1013 101%§ - 1SN 11434 11434 100 9034 100 and | D.” C., FRIDAY, JULY 24, 1936. Orders Placed For 140 Miles Of Gas Pipe B the Associatea Press. 'YOUNGSTOWN, Ohio, July 24.— Republic Steel Corp. has received & $250,000 order for 60 miles of 10%-inch electric welded pipe for a new natural gas line of the Penn- York Natural Gas Co. The line will run from Couders- port, Pa., to Dunkirk and Batavia, N. Y. The order involves 3,326 tons of steel. An order for 80 miles of 8-inch pipe for the same line was awerded to the A. O. Smith Co. of Milwaukee. INVESTING COMPANIES NEW YORK. July 24 Security Deslers' Association. Tore Asked. Admin Fd “nd Inc Am Gen Ine _ Am Business Shrs Am Ins Stocks l’v ~—~New orporate Trui orporate Trust A A Tr A A mo | Equity i r&demy runa Inc Eirst, Boston corp siol D 33 ERIFENIIER T roup Sec Agriculture roup Sec Automobile - D DD BN 3 ng - Incorp "It lnvenon Inv Tr Coll A Tnvestors P4 @ Inc © Investors Pund o = Keystone Cust Fund B9 7] 1D N A WIS DI D B D BRSO SSAN828AT23227 PEEr S Y 33 m D R A C & FerEREE R U BB S b e ) 1 10 A 4 1 ‘, b 3 ) b 1 3 1 1 1 > uper of Am Tr D. SUBervired Bhrs | Trustee Stand Inv Trustee Stand Inv Trusteed Am Bk | Trusteed Industry ghrs Trusteed N Y Bk 8| RATA AN TS I , [NEW YORK BANK STOCKS NEW YORK, July 24 (P —Over-the- counter market bank and mm companies, | opening bid and asked prices afsk_n’f Manhattan (1'a)__ (C:ny (1 ommml 8 g 8 241 Guaranty (13) _ 3 | Irving_(.80) Lawyers Trus | Manufacturers (1 York Tri FEDERAL LAND BANKS NEW YORK. Juls 24 (.—Noon—Fed- | eral 415 Nov., “h‘ May, h': ¥y Land Ba: 4 1} e HONTREAL SILVER. MONTREAL. July 2t (3 _Silver fu- tures opened sieady unchansed to 10 lower. ~July. 44 45b; September. 44.75b; Degember 45.05b LONDON BAR SILVEB LONDON July 24 P.—Bar silver steady and unchanzed st 193.d. (Ster- ling price eauivalent to 44.30 cents.) NEW YORK BAB?IVI;VEB.‘ NEW YORK. July 24 (® —Bar silver steady and unchanged at 44%. our money. intrusted to us LY on est_and soundest means of money This _association is er the supervision of the United Btates Treasury We will be glad to mail & copy of our latest financial statement, upon request The safety of your account in this insti- tution is fizll insured up to 5000 by the Federal Savings & Loan Insurance Corporation LITOING ASE0 An Insured Institubion Federal Home Losn 1;-“. yatem ot Colambla ing and Distriet of United ates I:rgl and Lean 'AS:.ILIIU’GYON | of legal requirements. FINANCIAL. k%% A—15 RESERVE BALANCE RISES $63.000,000 Weekly Condition Statement | of Banks Shows Total of $5,935,000,000. By the Associated Press. i The weekly condition statement of Pederal Reserve banks today disclosed | member tank reserve balances rose $63,000,000 during the week ended | July 22, bringing the total to $5,935,- 000,000. Excess reserves climbed to $2,990,- 000,000. The increase, the statement showed, | i was occasioned by a retransfer of | , Government funds from Federal m-\ serve banks to commercial institu- tions. These transfers caused a de- | cline of $66,000,000 in Government | cash at Reserve institutions during | the week. The inward flow of gold continued | on an orderly basis, American stocks | increasing only $5,000,000 during the | period, which brought total stocks to ' $10,634,000,000. Condition Statement. | The condition statement said: “The daily average volume of Fed- eral Reserve bank. credit outstanding | during the week ended July 22, as re- | ported by the Federal Reserve banks, was $2,478,000,000, the same amount as | reported for the preceding week and an increase of $11,000,000 compared with | = the corresponding week in 1935. | “On July 22 total Reserve bank credit amounted to $2,466,000,000, a decrease | of $12,000,000 for the week. This de- crease corresponds with decreases of $37,000,000 in money in circulation and $66,000,000 in Treasury cash and de- posits with Federal Reserve banks and | an increase of $5,000,000 in monetary gold stock, offset, in part, by increases of $63,000,000 in member bank reserve | balances and $33,000,000 in non-mem- ber deposits and other Federal Reserve | accounts. Member bank Reserve bal- REAL ESTATE BOND PRICES UP SHARPLY Climb 113 Per Cent in West and 85 in East in Less Than Three Years. 8pecial Dispatcn 1o The Star NEW YORK., July 24.—Real estata bond prices in the Middle West have | advanced 113.5 per cent in the two and one-half year period ending July 1, a survey by Amott, Baker & Co. disclosed today. Eastern prices have | risen 85.3 per cer' in the same pe- riod. Based on the market action of 200 typical issues, the average price per $1,000 of face value has increased from $156 on January 1, 1934, to $333 on | July 1, 1936. In the same period East- ern prices advanced from $218 to $404. When the steady upward climb started early in 1934, Detroit issues had fallen to $87. the lowest quoted price in cities used in compiling the averages. These issues have advanced 142.5 per cent to the current price of | $211. Chicago issues were quoted at $156 when the general advance began. | They are now at $314, a gain of 101.3 per cent in the three and one-half year period. St. Louis issues have risen 76.2 per cent to $363. Houston issues advanced 121.8 per cent since January 1, 1934. The price has risen from $147 to $326 on July 1, 1936. Money for Construction Loans and Loans on Improved Properties 2% FIRST DEED OF TRUST ONLY GEORGE I. BORGER Buccessor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. ances on July 22 were estimated to be approximately $2,990,000,000 in excess | Small Changes. “Relatively small changes were re- ported in holdings of discounted and purchased bills and industrial ad- vances. A decrease of $11,000,000 in holdings of United States Treasury bills was offset by increases of $9,- | 000,000 in holdings of United States bonds and $2,000,000 in United States || Treasury notes.” Changes in the amount of Reserve Bank credit outstanding and in re- | lated items during the week and the | year ended July 22, 1936, were re- | | ported as foliows: | | | | | (In millions of dollars) July &3 July 18 July 10, | Bills ok | Bills bo ! U. 8. Gov. securities Industriai advances l%ot including 23 discounted __ ught 3 2430 ‘ s July 2 | uthermlenrva “Bank Total Reserve” Bank ‘ Monetary gold st Treasury and D bank cur- Y, 2.497 Money in circuiation 5.153 Member bank reserve ‘Non m!mber lts’ and other P. R. accounts __ 554 (x)Less than $500.000. Invesl__tmefit: 1/ 0, irst Mortgage, 5 /2 /0 Real Estate Notes Secured by new dwellings in . W. section of Washington. Bradley, Beall & Howard, Inc. Established Nearly 40 Years NA. 0231 Seuthern Blds KA ARk kAR A Rk kiAo LISTINGS WANTED AT ONCE! AR ARAAARAAARRAARAAARE | o Rent. see us numerous r ts_daily for pre erties of this kind—all loeations. ZANTZINGER 945 K NW. NA. 5371 Sales—Rents—Loans Insurance LR RS2 222t 2 s st it'fifitim B b ] - For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged Easy Monthly Payments MIMBLR. BUILDING & ASIOCIATION COUNGIL Pe mfifl%&n"& | 733 12th St. N.W. MONEY TO LOAN On Distriet of Columbia Real Esta No Commissions—No Renewals No Appraisal Fee unless loa ranted COLUMBIA PERMANENT BUILDING ASSOCIATION Organized January 1. 1903 NA. 0352 Melvin ¢ Hazen. Pres William P. Richards. Vice Pres. Floyd E Davis. Treas. Fred A. Smith Secretary C Clinton James Attorney the District of Colum- Member o ing and Loan League bia Buil ()1l ALL ROOMS AIR CONDITIONED /’) Sleep. dine. live in cool. refreshing comiort. Forget the weather! . . . Sleep soundly in @ haven of quiet coolness. Rates from four dollars ($4) e day. THE 16th and K Sts., N. W, MEtropolitan 2626 First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 512% Promp: Action B. F. SAUL CO. 925 15th Street Natl 2160 Immedia refinanci Interest cation for buying, ON IMPROVED' D. C. PROPERTY te attention on your appli- rebuilding or ng. Loans repayable monthly. No charge for appraisal if loan is not made. charged only on unpaid balance of principal. E ourrasLe Co.0PERATIVE B UILDING ASSOCIATION ' 915 F STREET N.W. Organized 1879