Evening Star Newspaper, August 18, 1936, Page 17

FINANCIAL. BONDS SELL OFF ASOFFERINGS GAIN Gains Offset Losses, How- ever, in Generally Irreg- ular Swing. By private wire direct to The Star. Approximate Transactions Today. U S Gov't Bonds..._.. $1,090,000 Foreign Bonds Domestic Bond: TREASU 2y 1945-47_-... High. 1046 104.6 102,13 101.24 102,29 105.28 105.4 2735 1955-60 _. 38 1946-48._. 35 1961-55 THE EVENING STAR, WASHINGTON, D. C, TUESDAY, AUGUST 18, 1936 BONDS ON N. Y. STOCK EXCHANGE Bos & Mt 0"! '61J... Bos & M Bos & Me 'l'l Sios. Boston N Y A L 4s’ Bklyn Man T 4% Bklyn QueensC & 8 1st 6s'41 stpd__ ... Bklyn Un Gas b8 *46 Bklyn Un Gas 68’67 B Brown Shoe 3% '60.. Buff R&P con us- 57 BuffaloR& P & Bush Term con Bush Term Bld By-Prod Ck 58 4 70,000 5,620,000 RY. Low. Close. 104, 102,10 101,24 102,29 106,28 105.4 102.10 101.22 102.26 106.4 'flh flu 7\)1 . ki % 8% 1% 764 213§ 213 214 1083 1023 121 120% 121 1083 10834 108% 1063 1063 10634 84} 8214 84} 108 57 (3] 955 108 57 60 9 Bond Averages Rale tn lnduI o nm Net change. Unc. 1 4.2 Today, close Prev. day--- Month ago- Year ago... 1936 high. 318 1946-49._ 3148 1049-52 3145 1944-46 __. 3%8 1940-43 June 33,8 1941-43 Mar 33,5 1043-47 E 338 1946-56 reg 45 1944-54 & 4145-3%4 8194345 4%51947-52 ... 89.6 69.4 69.6 68.6 120 616 94.1 103 5 102.6 94.1103.5102.7 93.6103.5102.6 826 988 982 94.3104.1102.9 86.9101.8 99.8 331947 _. 381949 _ 108.9 106.22 106.16 108.4 108.7 108,28 108.27 1122 106.24 106.16 108.8 108.9 108,28 108.27 122 113.26 118.26 118.26 108.18 108.14 108.17 118,23 118,23 118.23 106,26 106.16 108.8 108.28 108.27 122 FEDERAL FARM MORTGAGE. 1046 1044 1046 108,15 108,16 103.16 18174 174 1163 1185 1184 96 B4 953 10434 104 104 104} 104 104} 6614 66 66} 14 144 i 108 108 108 104)4 104 58 63 8 82 88 88) 88)4 8% 110 108% Camag 78 '42 otfs Can’dian N R 4% '67. Can‘dian P db 4s perp. Can’dian Pac 438 '46. Can'dian Pac 418 '60. Cent of Ga 18t 58 "45__ Centof Gahs'6dC . Cent Hud G&E 57.. Cent 11 £ & G b8 ‘51 Cent N England 4s '61 Centof N J 48 '87_ Cent of N J gen bs EL Cent of N J gn 58'87rg 1936 loW.... 1935 high... 1935 low.. 87.8102.2 99.8 704 764 922 845 655 458 400 64.6 422 01.1 98.9102.9 100.5 10 Low-Yield Bonds. Close ____111.9 Prev. day- 111.8 Month ago 111.7 Year ago- 1093 1936 high_- 112.3 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high_ 1044 1932 low.. 86.8 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, August 18.—Early im- provement in the bond market was shaded near the close today as a re- sult of increased offerings in some of the corporate groups. In the generally irregular swing, | however, a number of issues stood forth with good gains. They included Cheaspeake Corp. 5s, American Roll- ing Mill 4%s, Studebaker 6s and Youngstown Sheet & Tube 3!3s. United States Governments also de- veloped marked firmness, with long- term Treasuries reaching net gains of 1/32 to 5/32 of a point. The guaranteed division was narrowly ir- Tegular, Baltimore Markets ®uecta) Dispatch to The Star. BALTIMORE, Md., August 18—Po- | sweet | tatoes, 100 pounds, 1.6082.10; potatoes, bushel, 1.00a1.40; beans, bushel, 50a65; nearby, bushel, 50a1.00; beets, dozen bunches, 25a30; nearby, bunch, 1!a2} cabbage, bushel, 1.25a1.5 3.75; basket, 60a65; nearby, bunch, 2a 21; cauliflower, crate, 50a1.50; celery, crate, 1.25a2.25; corn, nearby, sugar, dozen, 8al2; cucumbers, bushel, 1.00a 1.25; nearby, half bushel, 25a50; egg- plants, nearby, half bushel, 20a25; let- tuce, Iceberg, crate, 2.25a4.25; Big Bos- ton, crate, 50a80; lima beans, bushel, 1.00a2.00; nearby, half bushel, 75a85; onions, 50 pounds, 80a90; peas, bushel, 185a2.00; peppers, bushel, 25a50; nearby, half bushel, 15a25; spinach, ,bushel, 1.2581.50; squash, nearby, half bushel, 10a20; tomatoes, nearby, half bushel, 20a50; apples, bushel, 65a1.10; nearby, bushel, 50a75; cantaloupes, crate, 25a75; nearby, half bushel, 20a | 50; grapes, 2-quart basket, 15; peaches, bushel, 80a2.25; nearby, half bushel, 40a75; pears, bushel, 1.75a2.25; water- melons, each, 13a23. Dairy Markets. Live poultry—Chickens, rocks, per pound, 18a21; mixed colors, 16a21; Leghorns, 16a17; fowl, rocks, 20a21; mixed colors, 17a20; Leghorns, 14al16; roosters, 12al14; ducks, 12a15. Eggs—Nearby, current receipts, per dozen, 23a25; southern, 21a23; whites, large, 28a29; medium, 25a27; receipts, 632 cases. Butter—Prints, per pound, 37a38; good to fancy, creamery, 35a37; store packed, 24a25; good rolls, 26a27; re- ceipts, 750 tubs. Live Stock. Cattle—100; largely nominal; few low cutter and cutter cows steady at 3.50a4.50. Calves—50; not enough to test val- ues; few better grade vealers steady to weak at 8.50. Hogs—350: generally steady; better grade, 160 to 210 pounds, 12.25a12.45; 220 to 250 pounds, 11.80a12.30; 140 to 160 pounds, 11.80212.05; 120 to 140 pounds, 11.45a11.70; sows, 9.50a9.75; stags, 8.00 down. Sheep—200; not enough to make a market; few desirable weighty truck lambs steady at 10.50; common and medium quotable, 7.7529.75; sheep nominally steady; best fat ewes quot- able upward to 4.00. Grain Market. ‘Wheat—Opening prices were: No. 2| red Winter, garlicky, spot, domestic, 1.14; August delivery, 1.14. Settling prices were: No. 2 red Winter, garlicky, spot, domestic, 1.137;; August delivery, 1.13%. Sales—Cargoes on grade nearby wheat: No. 2, red, Winter, garlicky, 1.131%; No. 3, 1.11%;; No. 4, 1.09%: No. 5, 1.07';. Smutty wheat 2 cents under quotations. Corn—No. 2, yellow, domestic, 1.22; ‘Western billing at premium over this price. Cob corn, new, nominal. Oats—No. 2, white, domestic, as to weight and location, 55a65; No. 3. 54a64. Rye—No. 2, 95a1.00. Barley—85a90. Hay—Under continued light receipts market has taken on a firmer tone and values show another advance at 15.00818.50 per ton for good timothy and clover mixed hay. Poorer grades generally slow sale at irregular values, with hay grading below No. 3 hard to place at any price. Straw—Market slow, with demand easily satisfled, but values are fairly well maintained at 7.50 per ton for both No. 1 wheat and No. 1 oat. Sea Food Market. Catfish, rough, per pound, 4a5; dressed, 10a12; carp, 4a5; eels, 6al2; haddock, 5a7; Spanish mackerel, 3a 10; pan rock, 10; large rock, 12al5; white perch, 5a10; yellow perch, 10a 12; pan trout, 5a6; large, 10a12; blue- fish, 10a12; bass, 10a12; tiounders, 8a10; shrimp, 10a12; porgies, box, 2.50 23.50; croakers, box, 3.00a3.50; butter- fish, box, 4.00a8.00; crab meat, claw, pound, 28; regular, 35a37; special, 40 a42; back fin, 50; frogs, dozen, 1.258 4.50; clams, large, per 100, 75a80; Cherrystones, 60a70; Little Necks, 40; soft-shell crabs, small to medium, dozen, 30a60; large, 75a80; jumbo, 1.30 8l 40‘ hard crabs, barrel, 3.50a7.50, Tobacco Market. lnryllnd leaf tobacco firm; leaf, nondescript, pound, 3a4; common, 48 10; medium, 10a30; good to fine, red, 30a40; seconds, common, 3a7; me- dium, 7a13; good to fine, 15a35. . CAN CONTRACT SIGNED. NEW YORK, August 18 (#).—Na- tional Can Co, reported the signing of a long-term contract with the Pittsburgh Brewing Co. to supply the latter with roughly 25,000,000 beer snd ale cans annually. The brewing @ompany has an annual capacity nt ‘Nul 500,000 barrels. nearby, | carrots, crate, 3.00a | 31451964 FOREIGN BONDS. Abitibi Pa&Pw 68 ‘63 Akershus bs ‘63 Antioquia 7845 D Antioquia 2d 78’57 new Argentine 5%s 62 Argentine 6s ‘57 A Argentine 6’58 B __. Argentine 6s ‘60 May. Argentine 68 '60 Sept_ Argentine 6s 60 Oct Argentine 68 '61 Febr. Argentine 6s 61 May. Australia 4% Australia 58 '55._. Austrian 78’57 Belgium 638 *49—.. Belgium Berlin 6158 Brazil 6%s "26. Brazil 6;s '27 Brazil 7s '52 .. Brazil 8s *41 _ Brisbane 68 '50 Buenos A C 38’84 Buenos A 4%s'76 Aug BuenosAC6%s'61stPv Canada 284 Canada 3%8 61.. Canada 4s'60._. Canada 58 52 . Chile 6s ‘60 _ _ Chile 6s 61 Jan _. Chile 68 '61 Febr. Chile 6s'61 Sept. Chile 7s "42 Chile Mtg Bk 6s Chile Mtg BK 6148 '67. Chilean Mun L 7s '60_. Colombia 6s '61 Jan Colombia 6s '61 Oct... Col Mtg Bk 7s'47 _ Jopenhagen 418’63 Copenhagen s '62 Copenhagen T 5s "S54 Cordoba 7s ‘42 Prv_. Cuba 58 '14-'49 Cuba b%s 4 .. Czechoslovakia 8s Czechoslovakia 8852 Denmark 4%s ‘62 Dominic Ist 5%s 40 Dominic 1st 618 "42__ | Dresden 78’45 _ Frankfort 6%s 63 __. French Gov 718 "41 _ French G 7%s 4l uns GerCBk A6s'38 _. Ger C Ag Bk 65'60 Oct Ger Prv & City Bk con Ag 6%s '8 Ger Rep 7s” | Ger Rep 7s 49 un | Good HS & 178°4b GrtCEl Jap 6%s '60_. GrtCElJap Ts’44.__. Haiti 6s 52 _ _ Hung Con M 7345 45 unmat coupon on__. Italy 7851 Ital Crd P W 7s *47 B I1tal PUCrd 78 52 .. Japan 65565 Japan 63,854 Kreu&Toll 6’59 A ctfs Lelpsig 7s°47___ Met Wat 515850 Mex 43 "10-45 asst sm. Milan 61s ‘52 - Minas Geras 6%# 59 Sept coupon on.. Nord Ry 6%8 50 caeee Norway 4%8’65 Norway 4%s ‘66 Norway 55’63 _ Norway 65’43 _ Norway 63 '44 orw Hv Elec § Nuremberg 6s '52 Oriental Dev 5%s '58._ Origntal Dev 6s 53 Oslo 6s Panama 5s 63 stpas_ Paris Orl Ry 6%s 68 Peru 6s '60 _ Peru 63’61 Peru 78’59 __ Poland 65’40 Queensland 7s ‘41 Rhine W E1 P 63 Rhine W El P 6s Rio de Jan 6%s '53 Aug coupon oft _. Rio de Jan 8s 46 April coupon oft Rome 6%s 52 Saarbrucken 6s '53 Sao Paulo St 78 °40 8ao Paulo St 7s b6 Sept coupon off Sao Paulo St 8s ", July coupon off Serbs 7s '62 unm c o Serbs #5 '62 unm ¢ 0 Silesian Bank 6s '47 Taiwan Elec 518 '71._. Tokio 68’62 .. Tokio b%s '61 Tokio E L Ltd 6s°53 Un Stl Wk 638 '51 A_. Uruguay 6s '60 Uruguay 6s ‘64 Uruguay 8s 48 Warsaw 7s '68 _. Westphal El Pw €s'53 DOMESTIC BONDS. Adams Express 4s ‘47 Adams Express 4s *48 Alleg Corp 68 ‘44 - Alleg Corp 68 49 oo Alleg Corp b8 60 Allis Chalmers 4s ‘45 Am & For P Am Icecv 6863 ... Am1GChb6%s’'4d _ Am Roll Mill 4% s *49_ Am1&T4%s'39 Am T & T deb bs '60 Am T & T deb 68 "65... AmT& T 6%s 48 Am Writ Paper Anaconda deb 4 Anglo Ch Nitr 78 °4b.. Ann A Istexin 4s'95. Armour & Co 4%s l!_ Armstrong C'k 48 '60 A T&S F' ldl 4 '96 st A T&S n A T&S Fe C A 4% Ati Coast L 1st 4 Atl Coast L et Ati Coast Line bs ‘“ - Atlantic & D 1st4s ‘48 AtiG & W ) B8’ B&O Ist 48’48 B&O 4%s 60 u! 6895 A 6896 F nf 68 2000 D__— O ref 6895 C O PLE&W V 48’41 O 8wn bs 50 B & O Toledo 4s ‘89 Bang & Aroos 48 ‘51 Bell T of Pa 68’60 C__ h & & 4| Beth Stl 4%s '60 a2 104.15 104.16 104.15 HOME OWNERS' LOAN. 101.24 101.24 101.24 . 101 Cent Pae 18t rf 4549 Cent Pac Cent P Tr Sh L 48’54 Cert’d deb 538 *48 Jovbe 44 lo1zs |CherapCe High, Low. Close. 6521 6l 9 99 9% 94 85 8 100% 10024 101 101 1014 1015 Alt ret 3849 1B & Qgends ‘58 Chi B & Q ref 6871 CB&Q 1divrgds'sd Chi B&Q | div 43749 __ Chi&E 1168’61 .. Chi & B 111 68 '51 ctfs. Chi Grt West 48 69 _ CM&StP 4% s 89 CM&StP 68 76 . _ CM&StP&P adj 652000 Chi & NW 4148 2037 . Chi & NW 4182037 C. Chl & NW 4%8'49 Chi & NW gen 5s l'l.- Chi & NW rf 65 2037 C&NW Nr W Chi Rys 1st b: Chi R 1&P rf 4534 Chi R I&P rf 48 Chi R I&P 4%s Chi R I&P 4%s 52 ctt. Chi R I&P ¢%8'60 . Chi Un Sta 3%s ‘63 B. Chi Un Sta 48’63 Chi Union Sta 58 *44 Chi & W | con 48°52 Childs & Co 6s 43 Chile Cop deb 68 *47... CinGas El 48’68 A __ CCC&St L rf 4%8'77 B CCC&St L ref bs '63 D CCC&StL StLdv 48’90 Clev Un Tel 4%8°77 Clev Un Term 6s'73 B Clev Un Ter 6%3'72 A Colo Fuel & Iron 5s ‘43 Colo Ind el tr §s "34.. Colo & So 415’80 Columbia G & E de| 68”52 April ColumblaG& E s *62 May Columbla G&E b 61 Cons Coal Del 5560 Cons Ed NY 3%s°46 n Cons Ed NY 8%s°56 n Cons Gas N Y 4%s 51 Cons Pwr 3%8'70 Crown C & S 4s 50 Cuba Northn 5% Del & Hud ref 4s'43 Del & Hud 5%s '37 Del P& L 413869 Den & R G con 4s 36 Den & R G 4%5 '36 1015 101 101 1014 101% 101 100% 10074 10034 10334 108% 109 108% 9635 96 106 106% 1135 112% 10615 10614 2514 26} 274 263 27 34% 103% 48y 6524 0 10034 10339 110%4 11434 14% 15 264 264 8414 108% 4834 6614 0 1003 10814 110% 114% 14 5 . 14% 14% 1474 134 2334 16234 1613 160 160 3734 37 33 28 263 38% 8534 Den & RGW 6565 asst Det Edison 4358’61 D. Det Edison 5s '52 Dul SS & At 5837 Duquesne Lt 3%8 ‘66 East Cuba S 7%s'37 _ 15 Cuba 8 738 ‘37 ctfs Erie gen 4s Erie ref 68 '67... Erie ref 58 °75.. Farb’ks Morse 43 '56. Fla EC Ry 6s'T4 Fla EC Ry 58 '74 ctfi Fran Sug T%s Gen StIC5%8 49 ___. Goodrich 6s *4b Goodrich 6%s *47 Goodyear T&R 68’67 Joth Silk H 6846 ww Great N Ry 4846 G __ Great N Ry 48°46 H _ Grt NRref4%s8'61 A GrtNRgen4% 17 E. Grt NRb%s'62 B ... Green Bay bs 62 B. Gulf M & N 68’60 3% 99% 0% 25 1027 4 69 18 114 963§ 1013 10134 10534 10634 | 100 24 6% 82 101 604 107 1155 118 1334 50 493 23% 2434 112 2814 Gulf Sta Stl 53842 __ Hous B&T 1st 58 "37__ Hudson Coal 6s "52 Hud & Man inc 58’57 | Hud & Man ref 68 '57.. 111 Cent col tr 48 '52 i1l Cent col tr 4853 111 Cent ref 4s ‘56 111 Cent 4%s '66 111 Cent ref 55 '55 11l Cent St L 3148 ICC&StL N O 4%45s'63_ ICC&StL N O 68 63 . Inland St1 3%s Interiake Int Cement 4s *45 .. Int Grt Nr6s’52 A Int Grt Nr ad) Int Hydro El Int Pap ref 6 Int Ry of C A 68 41 Int Ry of C A 6%s'47_ Int T&T cv 4348 '39_ Int T&T 4%8 63 Int T&T 58 '66 Towa Cent 1st&rfis'51 James F & C 48°39 Kan C F S&M 4s KanC P& L 4%s 61 Kan C So 1st 38 ‘60 _.. Kan C So rf in 6s '50 Kings Co El 43 Laclede G ‘/x 11235 112Y 2833 28y 281, 28% 18 165 18% gt 204 8939 18% 2134 23% 3634 18% 73 29% 8934 C Lake E & W 1st 58'37. Lautaro Nitr 6s ‘64 Leh C&N 4% Leh Val Coal 68 ‘74 Leh Valley Har 68 54. LVNY44s'40gtd Leh V P eon 452008 __ Leh V Pcon 438 2008 Leh V RR con bs 2003. Ligg & Myers 78 "44... Loew's 3%8'46 Long 1sl ref 45°49__. Lorillard 68 61 ., Lorillard 7s 4. La & Ark bi 9 LOU G & E 68 52 Auees L& N unif 4540 L &N 4382003 /e, L&NTrf6%82003.. McKess&Rob 538 '50. Man S 18t 148’43 ctfs Mauhat Ry 48’90 Manhat Ry 48 90 ctfs. Marion St 8hov 68 ‘4%. Mead C ‘4b .. MIIER&SL6s Mil Spa & N W 4s ‘l‘l . Minn & 8°* ' 68’34 ctia MStP&SSM cn ay 26% 102 101% 10134 101% 983 u8 4% 9434 88 81y 67 6Bl 100 99 156 1543 703 6934 % 7 11134 1108 11434 118% 1143% 114 109 108% 11235 1123 112% 1123 11284 112% 118% 113% 113% 128 122 123 110% 1103 110% 4035 40% 4035 106 106 106 805 80% 80% 121 124 724 104 104 104 v8)4 U8l 9814 10634 1063 1064 110 1093 110 e 114 114 12 112 112 9854 99 2 9 863 6% 99% 100 674 673 53 63 8 T35 107% 107% 107% Y 17% 1% 89% 89} 89% 89 8 89 89} 89 894 [ Nat R M 1st 48 9934 993 | Naugatuck 1st 48 °54_. 103% 108} 103} | New E T&T 4%s '61 10634 10634 10634 | New B T&T 18t 58 ‘63 98 97% 98 | New Or GNR 6. ll A MoK & T 1st 4s MOK&T4s Mo Pac 4876 - cocamm Mo Pac 6865 A. Mo Pac 68 *77 F. Mo Pac68‘'78 G . o Mo Pacifie 68 80 H..__ MoPac68'811 ...ee Mo Pacific 5%8°49 A.. [l Mob & Ohio 41487’ 2% Mob &O M div 58°47_. Mont Cent 6s ‘37 ... Mont Pwr ref Bn 'n_ Mont Power 68 ‘6! Mont Tram 6s "‘ Mor &Essex 3%8 3000 Morris & Essex ¢ %56 Mor & Essex 68°56 . 109 109 109 1281 128% 1883 108% 108% lw‘ New Orl Ter lat u Nat Dairy 3%8 51 ww asst 1013 107% . 1104 110 6234 13 114% 108 my 108 1108 108 10434 83 10234 1005 9434 1025 10035 108% 107% 1104 10434 88% 743 105 105 106 4674 10434 10434 106% 1045 105% 65% 833 101 10834 81} 2 1634 144 1163 108% 82 107% 26% 268 8914 8 843 1028 9 834 83§ 87 1063 1083 106 99% 18% 107 1134 103% 10044 90 843 89 94y 5214 9" 903 95 1063 T1%4 10034 Y% 10134 8614 104 60 8 9% “5’ 1003 : 1074 11034 110 6234 12% 114% 108 11% % 107% 110% 108 1045 83 102% 10044 9434 1023 100 1033 107% 11034 10434 8idg T4 10434 106 4434 104% 10434 1083 104% 1088 [ 23 101 10634 Ny 32 16% 145 1164 108% 82 107% 268 268 88%; 8434 84 102% 9 834 834 863 1054 108% 104% 9934 18% 10634 118% 1084 116 11 9734 10214 108 103 44y 3334 N 878 8235 8814 7914 10014 %0 84 883§ 10614 108%5 943y 52 9 903§ 152% 151 1083 7 100 1K 101 3 104 60 9735 7 1!0}1 13314 134} 98 104 121% 98 108% 121 98 104 1213 l'l» 18134 13134 v ue3g 1108 120% 1108 1084 1083 108% 108 108 104 10834 343 3 Mont Cent 58 '37..... 108% 108 102)4 104 106 84! 108 108 104 1084 3 3435 1 New Orl T&M bs '64 B l:n lm un Now Orl T&M l%l 54 NY 3 108 mm um 100 9934 100 108 100 N Y Cent ovés'4s NYC Mich C3%s NYC&St L 4 %#'7 NYC&St L 6%8 74 N Y Edison 8% 65 D. NYL&W 1st¢s'73.. NY NH & H 4s°56 NYNH&H 434867 NYNH&Hcvés 48 NY NH & H con 4s '54. NY O&W ref 4592 NY Rysino 4 Niag Sh 6%s 60 Norf So 1st ref 68 *61... Norf & W 1st 4596 __ North Am Co North Am Ed b8 '67 A. North Am Ed Nor’n Pac 438 2047, Nor'n Pac s 2047 D... Nor'n Pac 8s 2047 North Sts Pw 0% Ogrden L. C 48 "48 Ohio Edison 48 Ohio Pub Sve Ohio Pub Svec T%s '46. Oreg Sh Line b5 *46 Oreg W RR & N ¢8'61 Otis Steel 68 '41 PacG & E3%s'61 PacG & K 48 '64 - Pan AmPCés’40 . _ Pan Am P C 68 40 ctfs Par-B'way %8s '51 Paramount Pic 6 Parmelee 6s ‘44 - Penn Dixte C 6841 .. PennO & D418 '77 Penn P& L 438 '81__. Penn RR 3%s'70 C. Penn RR con Penn RR 4s 52 E Penn RR con 4s '48 venn RR 4863 Penn RR 45’81 D Penn RR ¢%s "84 Penn RR deb 43%s '70_ Peoria & E 18t 48 40 __ Peoria & E inc 45 °90__ Pere Marq 18t 4s ' Pere Marq 438 '80 _ Pere Marq 1st 68 '56._. Phila Co 6s "67 101% 1055 107 101% 11134 11134 1074 1073 15 116 1037 1037 1088 1083 1041¢ Phila Elec Co 48°'71. . Phila Elec Co 418 '67. "3 Philippifte Ry 48 '37 Pillsbury FI M PCC&St L 4%s '63 e PCC&St L 43377 C. PCC&St L 68’756 B Pitts& W Va 4%8 Pitts&W Va 41,3'60C Port Gen El 4%8 60 __ Postal Tel & C 6853 Pure Oil 4% 850 xw __ Pure Oil 4% 860 ww_. Rem-Rand 44 5°56 ww Republic Stl 4148 '61 _ Republio Stl 4% '50_. Richfield O1l 6s *44 Richfield O 68 *44 ctfs. Rutland Can 4s ‘49 Rutland RR ¢%8 4. St Law & Ad 65 '96 St L IM&S R&G 48 "33 St L-SFran 4s'60 A . St L-S F 48'50 A ctfs. St L-S Fran 4%s "8 StL-SF 4%s 78 cf & 3134 e 10754 983 114y ay any 281§ 82 % | By the Associated Press. .. CARRIER EARNINGS SOARINHALF YEAR Six Railroads Report Large Gains Over Same Period in 1935. NEW YORK, August 18 —Southern Pacific Co. and Transportation Sys- tem subsidiaries reported today for the six months ended June 30 net income of $113,912, after taxes and charges, equal to 3 cents a share on 3,172,777 shares of capital stock. This compared with net loss of $3,323,895 in the first six months of 1935. Southern Railway. Southern Railway Co., reported for the six months ended June 30 net in- come of $46,103, after taxes and charges, equal to 7 cents a share on 600,000 shares of 5 per cent non-cumu- lative preferred stock, compared with net loss of $2,545,610 in the first half of 1935. Kansas City Southern. Kansas City Southern Railway Co. reported for the six months ended June 30 net income of $210.448, affar taxes and charges, equal to $1 a share on 210,000 shares of 4 per cent non- cumulative preferred stock, compared with a net loss of $774,147 in the like 1935 period. Louisville & Nashville. Louisville & Nashville Railroad Co. reported for the first half net income of $3,304,017, equal to $2.82 a capitai share. This compares with $1,465,021, or $1.25 a share, a year ago. Atlantic Coast Line. Atlantic Coast Line Railroad Co. re- ported for the first half net income of $300,678, equal after preferred divi- dends to 36 cents a common share. This compares with a net loss of $450,- 409 in the first half of 1935, United Airlines. United Airlines, Inc., controlled by United Airline Transport Corp., witn headquarters in Chicago, reported fot the June quarter consolidated net in- come of $222,625, compared with ad- justed net income of $85,891 1o the like | 1935 period. Baltimore & Ohio. Baltimore & Ohio Railroad Co. re- ported today for the six months ended June 30 net loss of $1.981278, com- pared with loss of $2,496,158 a year | ago. For June net income of $201.393 in the like 1835 month. GOODYEAR SALES JUMP | 312000000 IN HALF YEAR By the Associated Press AKRON, Ohio, August 18.—Total net sales of the Goodyear Tire & Rubber Co., for the first half of 1936, net profits increased more than $1,- | 000,000 over the first six months of 1935, President P. W. Litchfield re- ported to directors yesterday. | Total net sales for the half year were $90,908,684, compared to $78. 4828358 for 1935, Litcheld reported, Seabd A L6s‘45 A __. Seabd A L 6s 45 ctfs_. Seabd A-F1 6s35 A ct. Shell Un deb 3%s %1 _. Skellv Ofl 4s°51 _ ___ Socony Vac 3%s°60 _ South Bell T&T bs 41 So Colo Pwr 68°47 A__ So Pac col 4 So Pac 4%s'81 _ So Pac Oreg 414877 So Ry gen 4s'56 A___. SoRyb6s'94 . ____ So Ry gen 65 ‘56 So Rv 6% Sou Ry St I Stand Oil N J 3 - Studebaker cv 68 "45_ Tenn El Pw 6847 A__ Texarkana 63,8 '50 ... Texas Corp 3% s '51._. Texas Corp cv b8 '4: Texas & Pac 5879 C_. Texas & Pac 6s '80 D Third Av ad In ex 65’61 Tol & Ohlo C 3% I0_ Tol St L & W 48 % Tri-Contl Corp bs ’5!. Un EI Chicago 68 *45. Un 0il Cat u 47, Un Pac 48 Un Pae 1st rm 2008 . Un Pac 1st rf 5s 2008 United Biscuit 5s '50 _. 10744 United Drug 6s 53 101 U S Pipe&Fy 3%s'46_ 1224 U 8 Rubber bs "47 1063 10285 Utah P & L 68 *44 104 Util P & L 58 1014 Ut P& L 5%s 47 734 Vanadium ev 883 Ver Sug 18t 78 *42 ctfs 17% VC&P1st4};8'34as. 2% Ve E & P 1st ref 48’55 10834 VaRy 15t3%s'66 A__ 10634 Wabash 4%s * 8215 828 bash 18t 68’39 ee 1025 102% Wabash 58 ‘76 Boeaoe. 8335 83 Wabash 6s ‘80 D. 83}y 3335 Wabash 518 '75 ct: 34 34 Walker H& 8 4% s 46 1075 1073 Warner Bros cv 6s '39 97§ 9% Warner-Quin 6s '39 29 29 65 66 W Pa P 1st 6s 12134 12134 W Sh 1st 45 2061 gtd_. 93 u3l4 88 88 102 102 1073 107% 107% 358 85% 86 10634 10634 10634 108% 108% 1083 101 120 18 114% 104 1083 1 1073 10144 12214 10284 104 0% 8y 88y 175 2% 10834 10634 9314 88 - 102 %877 . t'n Pac 68 '46 A__. West'n Un 68 °61..cc West'n Un &s '60. Wheel Steel 4%s 100 100 100 24% 24% 24% 2634 243 2535 6474 64}§ 64lg 10134 101 1013 23% 2335 28% 15 16 15 12434 1225 124 102%4 10235 10234 W Sp St con Wilkes B&B Wilson & Ci 5 Wis Cent 15t gn 48 ‘49 Wis C S&B Ter 4s ‘36 Y'ngstn S&T 3%s ‘ll- Y'ngsto S&T 4 RECEIVERSHIP CLAIMS AGGREGATE $2,705,051 By the Associated Press. WILMINGTON Del, August 18— Petitions for allowances aggregating $2,705,051 have been filed in Chancery Court in the settlement procedure of the Missouri-Kansas Pipe Line Co. (Mokan) receivership. Notices of & hearing on the petitions September 9 are being sent to the 30,000 stockholders. myonx.Aumllw—m Oil Burner Institute reported for the first half new orders for domestic ofl burners totaled 62,388, against 43,301 & year ago, 8n increase of 44 per cent. New orders for distillate burners ted 75,133, againsi 32,958, & gain of 138 per ¢put. :mou sows. 9 00a10.00. 106% | 2 10134 101% 10134 | & while net profit added to surplus was $3,598,683, as against $2,400,777 last | year. | Profit before interest and m.her‘ charges was $5308.909, compared to $4,154,439. Earned surplus shown | above on the June 30 balance sheet | was $18,445,319, compared to $14.ll5,- | 805 last year, CHICAGO LIVE STOCK. CHICAGO. Au‘un 18 P 'Unll?d States ar ricuiture). —Hog: 12.- | 000 direct; unevenn, higher, mostly strong to | § than Monday's average extreme top. 180-250 _pounds, spots up more high: bulk, attle. 7.500: calves. 2.000: 1e|rnn(s! ang"Hik5 Teers Ao o unevenly Mieher. medium_ weight and weighty steers su trade fairly active on all represen weights: fed vyearling heifers higher sympathy with light steers: middle grade beet cows end cuciery kinds barely steads better fat offerings fully steady; buils 10-15 higher VEIIQH strong: stock- ers_and umm continue fairly active at 4 with better grades at * nu up- ward: best light steers, early .83 some held 'higher: “numerous all” repre- gentative weights_ & bulls, 540 eaiers, 7.50a tiy " tew’ selects. .00 “Sheep 5.000. including 00 direct: fat lambs_mostly steady with Monday's aver- :"bulk better grade. 73-K7 pounds, . 0.00850° latter paid by packers most. throwouts dow 50 two_loads year- 3.00 | 35 white Roek 10va, mouth Rock broilers. IN Colored. 15%: Legho voosters. 1415: i plurkeys. 1ial6i heavy old 1. heavy young. mall white, Al colored. 11 :uunl and old 11.783: score), CXtra firsts TS 1 Centralized carlots). 34, - Egus, 1141 settled: prices unchanged. Femti FOREIGN EXCHANGES. NEW YORK. August 18 (. —Forelen ne-ay. Great Britain in doilars, Great Britain—Demand. 2%: 60-da; 5.0 bareback 1 B Leghorn roost- 0! I treal in_ New York. 160 uo }lew Montreal. 100.00. n—Nomin: COMMODITY PRICES NEW_ YORK, August 18.—The Asso- clated Press weighted wholesale price in- 31 today advanced to week agb, 70.76: o4 1 74 [2 71 4 61 a928 neruo nu-h 100.) U. 8. TREASUBY POSITION. o, “{.,'-}“ 1?53‘:«"0 A 18 s Evz 201,69 815 K inl:llld'flll '!1 LRy o e MONEY MARKET. YORK: Ausupt 18 UP.__Call money r cent all Fim Sogent o count rate. w“!urk M:ex.vc Bank. 11:5 per cent. | $%, | mand light was reported, against net of $73986 jumped more than $12,000,000 and | | mand light | 1.50 | Washington Produce BUTTER—Range D! prices to stores gathered from wholesale flznlr‘ (pric by b deiphia and or! (9% score) 0 score). W compound. 101 117281 Ojasllte: 5. "7a10. L1 rot Bal: W& Vi ket “stendy ‘and qutet; ceipts of neTrb{’ eRRs very light; (lM’ . ; Lient hogs t 1ally Drtmlum Govemmenl dated white eggs (net g,me- ppers. £9.b; W shington) : U 8. ex'.rnJ;n iums, on & et baals 1o producets r formerly. on & gross ba which Included grading and market costs.) LIVE POULTRY—Market steady; receipts ilght but de; fowl. - ooheavy. 168 horns. 14a15: roosters, 10al2: ch ireita’ Rocks, brotiera. 1has0; tryerss s0: roasters. 20: Delaware Rocks, al lslzes. m Delaware Crosses, brollers and fry D e, G iiaes: 30 centsr mised” col: ors. 17al8, Fruits and Vegetables. joSales to 8 am. Tuesday. Ausust o3t CANTALOUPES—No carlot arrivals: no cars_on track Truck receipts moderate: supplies modullem demand moderate: Ca. s salmon meats S T0 s, 2 1Bas00; Delaware, crates, il sizer 5081700 PERSIAN MELONS—No carlot arrivals: one broke; Supplies lisht: demand light' market slightly weaker. California jumbo_crates tis to s standard crates. ks and 9s 2.25, ponys. all Alzel l 75 OTS—No brukcfl CArs on moderate: supplies moderate: market steady Califo Western lettuce crates bunched, : 3.85: New York crates 4 dozen CELE] 18, car A carlot track arrivals: two Truck receipts moderate; demand YN chrlot arrivals. two broken cars on track. Supplies moderate: demand moderate: _market Highballs 7580 lndy’vldun]ly washed. 2'2-8 dozen 2.00 LETTUCE—One California. one New York arrived: six broken and one un- broken cars on track Subplies moderate: demand moderate: market steady Cali- fornia Western “crates. Icebers tyoe. 5 dozen 4 01ad ONIONS “One New York arrived: two broken and one unbroken cers on track Suppiles mderate:"demand light: market steady 5b-pound s<acks vellows U No 1: New York aoai o: "Pennerivanta. mostly around 1.00 PEACHES No ‘carlot_arrivals: on track Supplies morerate market steady. Virtinia no_cars deman: e fair condition 2V-inch minimum. 1.50a" 00+ Elbertas 5081.00: 8. few Delaware, bushel ba 1. 1%-inch minimum best s do PEAS—One Colorado arrived: twe broken and one unbroken cars on track. Supnlies moderate demand moderate market steady. Bushel hampers. Telephones' Col- ri “California, 2.00: Washing- ES__No carlot arrivals: no ears Supplies moderate: demand market “steady. 100-pound gacks Bhiers U N6 New Jersey, 2.158 2.20: Penncvivania 2 00 SWEET POTATOES— No carlot ar no cars on track Supplies moderate: de- market steady. North Caro- biushel baskets Porto Ricans and el baskets Jersey type. U. 8. No. . No carlot arrivals: no ht: demand mod- T 1.00a1.50: lina 103 average. 40250 CAULIFLOWER- No carlot arrivals: no gars on track demand light: mark . crates C?l"(kfll crates, MIXED VEGFTABLES—No carlot ar- | rivals: one broken car on track LIMA BEANS —Supplies moderate: mand light: market weak. Marvland Pennsvivania, bushel hampers. . w higher SNAP BEANS y. 301 80T Caitfornia. Supolles moderate: de- ‘market weak. Bu: pers Tound stringless. Pennsy X IBERS ht: demand et steady. nd, 12-oushel b-skm 40250, ANGES —Three California arrived: : four broken and five un- broken cars on track. California. boxes. a4 50, according to grade and size LEMONS——Californ.a. boxes. No. 1, 5.50 00: No_ 2. 5 00a5.50. GRAPEFPUIT—Ciiba. crates 4 00435 00 PINEAPPLES—Isle of Pine. crates 2.50a% 75_according to size GRAPES—No carlot arrivals: one ear diverted r k. Maryland, S fancy table : Delawares California 85a | lues ‘white Malagas 1151 Ribiers BFETS Pennasivania. 20875 ver doren bunrhes Okra—North Carolina, 's-bushel ham- M d. 12-quart elimax 53: red. 1 CABBAGE—One Cclorado unbroken car on 5-neck hampere. TOMATOES Nearby sections. 15-bushel \h'vmnr‘ hushel baskets %22 50: 1;-bushel hampers Hcalitoria. bores Bartierin sinia. bushel baskets U 8. | t3-inch mintmum. minimum| 1,001 104 fnch minimn b mim. T 10n1 9 HONEYDEWS _One California arrived: {wo broken and one unbroken cars on rac! BANANAS Two cars arrived broken cars on track L two un- €. L. Express Arrival avocados 1 lugs limes gan 0 crates celery d boxes fizs. North okra: 17 bushel baskets squash. pound baskets mush- barrels _watercress. Unknown origin—39 crates mixed vege- iy: | tables. NEW YORK BUSINESS TURNS UPWARD AGAIN By the Associated Press. The Commerce Department reports | “all lines” of business in New York undergoing an ‘“upturn.” For the week ended August 12 retail trade “re- bounded from the dip” of the previous week, it said, to reach a point 11.1 per cent over the same week last year. It reported that Fall trade “had not gained appreciable momentum” and that “predominant interest was in home furnishings and the tail-end purchase of Summer goods. REICHSBANK STATEMENT. BERLIN August 18 (.—The Reichs- k statement as of August 15 (in thou- cchange and cheq eques, 207 838. _Other daily ng obligations 0: decrease, 2 Advnncn 46 8 increase, 3.253. Investme 67: decrease. 283 Ratio of gold snd !nrdln currencies to notes. 1.8 per cent. Rate of discount. 4 per cent, PRy U. S. DOLLAR GAINS. (PARIS. August Uniteo er Gonar Closed omcialiy in" the for- mn exchange market today at 15.18% francs (6.584 cents to the franc). as com- pared with the overnight New York rate of 6.587 cents to the franc. When You NEED IT FOR HOME and SMALL BUSINESS PROPERTY LOANS "Applicatio 1505 M St. N.W.——Nat. 3845, We have an order to sell all or any part of 100 Shares AUTOMOTIVE DEVICES CORPORATION BID WANTED A R MILLER & COMPANY 818 Woodward Bidg. Telephone District 7270 \ vais: | FINANCIAL. OIL INDUSTRY HAS EXTRA GOOD YEAR Both Production and Con- sumption Move Up to New Levels During 1936. 1 ectal Dispatch to The Star NEW YORK, August 18.—Despite occasional localized “gas” wa the oll industry has been unusually stable throughout 1936, and production and consumption have moved forward to record levels. The daily average con- sumption of gascline for August, it is estimated, will be around 1,300,000 barrels, about 10 per cent higlier thar in the same month last year. Total stocks of gascliue declined 2,000,000 barrels in the frst week of | this month. On August 8 holdings of finished and unfinished gasoline were | | 61,750,000 barrels, which was 12,121.- | €00 under the peak of 73,871,060 bar- | rels reached in Aprii. Supply Holds Up. The 66,348,000 barrels of finisaed and natural gasoline at the end of June, 7,356,000 barrels more 'han a trasted with 43 days’ supply at the end of June, 1935. It is expected the days’ supply at the end of August will show a further decline. Inventories of crude oil at the beginning cf the month stood at 306.751,000 barrels, or about equivalent to 104 days’ re- quirements. The industry’s earnings level has been sustained, 2nd there is a Lromise of a favorable third quarter. Joseph Docter, one of Wall Streel's authori- ties on oil securiiies, be.icves, how- ever, that companies not in a posi- tion to modernize tneir refineries, or profitably. ‘The major oil companies, maintain- ing technical research aepartments, are constantly discovering aew proc- esses and new products. They are at present working cn 1efining meth- ods that will cut down the gasoline output in the manufacture of heating and fuel oil. Larger Demand Expected. The unusual demand for fuel oil last Winter resulted in large stocks | of gasoline, because, in making those | line is manrufactured at the same itime. The oil companies expect that consumption of heating and fuel oil | this coming Winter will be larger than | last year, due to industrial activity and the increased rumber of Lomes equipped with oil burners. There is an | ample supply of crude cfl with small gasoline content that makes excellent | heating and fuel oil, but in the past the oil companies have used crude with a high gasoline content. It is possibie there may be reduc- tions in gasoline uvrices later in the year, but it is likely heating and fuel | oil prices will be advanced. If the | tank-wagon prices remain stable, the retailers, who s.art price wars, will | be forced to maintain a fair price or | | soon find their losses embarrassing. The consumption of lubricating oils has been large and should continue to ! run ahead of last year, due to indus- trial, railroad and aviation activity Earnings of all the major companies | for the last half of 1936 should make |a better showing than for the last half of 1935. New Pipe Line Rate, Improved refinery methods are be- | ing installed at many 1efineries as plants are enlarged and modernized, | especially at Texas ports on the Gulf. A new departure in the transporta- | tion of petroleum is rhe establishment | of a pipe line rate from Philadeloni to Toledo. Ohio. Crude will move West | through lines that originally only transported crude to the East. This is due in part to overexpansion of re- | finery capacity in Michigan, and the - | decline of crude production fa that | State, forcing refineries ‘iepending , upon Michigan crude to get tneir sup- | plies elsewhere. The natural route would be through pipe lines aiready established from the ut these lines apparently are not ible to take care of all the increased traffic. (Copyright. 1936, MONTREAL SILVER. MONTREAL. August 18 (P.—Silver_fu- tures opened steady. 3 to 10 lower. Sey tember, 44.50b. December, 44.60b; Marc DIRECTORY COMMODITY BROKERS Memver 8 ¥ coan o Laidiaw & co. 2 GRA! mlaun&clg:no Buru of Tra aw o. ‘Westheimer Cg NA 5500 L RUBBER—HIDES—METALS—SILK Members Coénmudl" ‘Xhll‘l‘. m%‘fi Laidlaw & S Westheimer & Co. - NA 5500 Perpetual offers a new and attractive mort- gage loan; many loans a reduction of 25% on monthly payments, also funds year ago, was 42 days' supply, con- | plants, may find 1t difficult to operate | products, a certain amount «f gaso- | nidcontinent, | A—-17 COMMODITY INDEX AT PEAK FOR YEAR Price Average Reaches 80.3 Per Cent of 1926-28 Range, Survey Shows. The weekly wholesale commodity price index compiled by the Nationa) Fertilizer Association advanced in the week ended August 15 to 80.3 per cent of the 1926-1928 average, the highest point reached this year, and also the highest since November, 1930. A week | ago the index was 79.9, a month ago 78.5, and a year ago 78.1. A continued rise in farm product prices, and particularly in live stock quotations, was primarily responsible for the increase in the price index, \Hogl cattle and poultry were higher | during the week, raising the live stock |index to the highest point reached | since April. Grain price movements were mixed, with corn reaching the highest level in several years, but with weakness in certain other grain quotations. For the fifth consecutive week a slight drop took place in the price of cotton, although it is still higher than it was a year ago. The food index remained unchangel last week, with 11 price series ine cluded in the group advancing and 10 declining. The decline in raw cotton and a slight drop in cotton yarn re- sulted in a small decrease in the index of textile prices. A continuation of the rising trend in steel scrap more than offset a slight decline in pig iron and tin, with the result that a slight ade | vance was registered by the metal ine dex. A small rice in the index of fere | tilizer material prices, brought about | by a continued upward movement in | organic ammoniates, took the group index to the highest point reached since July, 1934. 'RESERVE BALANCES | REACH YEAR'S PEAK | High Mark Attributed to Federal | Outflow for Bonus and Relief Payments. By the Assoclated Press. | NEW YORK, August 18.—Reserve balances of member banks of the Fed- eral Reserve System have risen to a new high peak under impetus of the heavy Midsummer outflow of Federal funds for bonus and relief expendi« tures, a further rise in gold reserves !and a modest gain in outstanding reserve credit. | While balances in excess of legal requirements have been cut sharply under the Reserve Board's order for 'a boost in mandatory percentages of liquidity, total balances of member banks with the system are expected to increase further as the Treasury draws upon its large cash resources, | particularly in the Reserve banks, and the gold inflow continues. | Total deposits of member banks ! with the Reserve banks compared as follows: Week ended August 1 Preceding week . . | Same week last year- | ook kg $6.118 000,000 005.000.000 5.254.000,000 'RAW COTTON EXPORTS DECREASE IN JULY, 8y the Associated Press. July's raw cotton exports showed & decrease as compared with June and with July, 1935. For the month they | were 156,000 bales with a value of | $10,173.000. for June. they wers 297,000 bales valued at $19,108.000 and | for July, 1935, 280,000 bales, worth $18,651,000. For the 1935-6 season, | August to July, inclusive, the total was 5,972,000 bales, valued at $383,537.000, compared with 4,799,000 bales valued | at $325,685,000, in the 1934-5 season, |CURB EXPANDS COMMITTEES. NEW YORK, August 18 (#).—The New York Curb Exchange has amende ed its constitution to establish seve eral new committees in compliance | with the new Securities and Exe change Commission regulations covere ing trading in unlisted securities. Build Refinance Your Home With a F. H. A. Mortgage Loan Loans up to 80% of actual ion. Frederick W. Berens McLachlen Bldg. Phone National 8280 BUILD,Refinance or Remodel Through the Home Building Service Plan ... A complete archi- tectural ad ry and supervisory service, providing home design n stions and super- lfl us explain in detail. PERPETUAL BUILDING ASSOCIATION Corner 1l1th &ESts. N.W.