Evening Star Newspaper, December 2, 1936, Page 21

RAILROAD BONDS DRAW ATTENTION , Some Junior lIssues Soar. Industrials and Utilities Narrowly Mixed. Bond Avernges Net change. + ! +.2 Today, noon 97.7 104.2 102.: ! Prev day... 97.4104.0102.4 96.9 103.9 102.0 84.8101.3 99.5 97.9 104.4 103.1 8691018 99.3 8781022 99.8 164 922 845 655 1932 low.... 458 40.0 646 422 1928 high.._101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Noon yield 113.4 Prev. day- 1133 Month ago 112.5 Year ago. 109.6 1936 high. 113.3 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 1044 1932 low.. 8638 67.6 (Compiled by the Associated Press) By the Assoctated Press. NEW YORK, December 2.—Railroad liens commanded major interest in the bond market today as certain of the low-priced reorganization issues regis- tered soaring gains. Industrial and utility divisions de- veloped no outstanding action during the early tvading and prices were mixed and narrow. United States Govern- ments were supplied at levels somewhat under the previous finals, excepting Treasury 2%s of 1951, which made a small gain. A 5-point rise in New Haven Rail- road collateral 6s of 1940 and gains of 3 or more in convertible 6s and 4l3s prompted many inquiries in investment channels, but nothing was uncovered immediately to explain the unusual strength. Loans of St. Louis-San Francisco, Rock Island, Missouri Pacific and Chi- cago Northwestern also moved for- ward spiritedly, accompanied by a number of rails in the higher price brackets. o INVESTING COMPANIES 'ORK. December 2 :M—Ng' NEW Y York Security Dealers’ Association: (Noon auotations.. . i Admin Fd 2nd_Inc Am" Business Shrs__ 8h Ine A N shrs B Gen Investors Tr G Sec Agriculturt c Automobile _ c Building Sec Chemical Sec Food Sec Invest Shrs Sec Merchandise_ Sec Mining = Petroleum R R Equip ure ncorp Investors _ mnnez omun Shrs vTr NY A" n: Vertors PaC0¢" n »-'mu'u-u:xa-hz'z'g tign PRSP RITE S Bt BB 1810 a3 3 o 3 W 2 Plymouth Fund Inc_ Quarterly Income Sh 2019 b S 00000002 1 e 1S B 21 D e Suver of Am Tr upervised Shrs _ rustee Stand Inv Irustee Stand Inv Trusteed Am Bk ;mfma Industry Shr: llington Fund NEW YORK BANK STOCKS | YORK. December = York Becurity Deslers’ Association: (Quotations as of 2 o'clock.) !ld Asked. Bank of Man (1%) Bankers Trust (2 FH 1) First Natl rro0 > Guaranty Tr (12) rving Tr (.60) Manufacturers TP anufacturers « Natl ity (1) SEIG) VU. 8. TREASURY POSiTION. By the Associated Press. lon of the Tl’tl!lll‘ on No- eipts. $15.015.950: ex- Joncniy onuxs' c?uumm-0 e bx":"' 208814015 4% customs receipts for the h! fllcll nnr (since July 64.65. 1nCllldllll dllur" 6.24 394.66 of emergent [ dl!u (. —New | BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. TREASU 388194541 . 3%0 194861 . 3%91051-64e . 6-5! 1-6 3%8 1949-53cuc. 338 1946-49 e e 114, 48 1944-54 2 $%s-3481943-40 4% 1947-52 FEDERAL 28 1942-47. 121, 105. HOME nu 1942-44 Belgium 6%8 49 ccee Belgium 78 ‘56 Berlin 6%s '60 Berlin Elec 6348 '51 Brazil 64 26-'57 Brasil CV.I 378 Buen A ¢%8-4%s Buenos Alr Canada 3%s 61 ... Canada 48 60 —ceeeo | Canada 68 '63 Chile 78 43 Chile Mtg Bk Chile Mtz Bk 6% Chinese Gv Ry bs ‘51 Colombia s 61 Jan Colombia s ‘61 et Col Mtg Bk 7s"47 - Zopenhagen 4138 '53_ Copenhagen bs ‘563 Cordoba 78 ‘42 Prv Costa Rica 78 A '61 Cuba b8 '14-°43 Cuba Ries 46 Cuba 6%s ‘63 Czechoslovakia 8551 Denmark ¢%s 62 Denmark 6%s ‘55 | Denmark 6s 42 | Pominie 6l%s 42 | Finland 68 45 Frankfort 63s ‘53 French Gov 738 41 GerC Bk A 6538 . GerCBk A 7s8'50 ... Ger Gov 5%s 65 st Ger Gov 5%s ‘65 un st Ger Prv & City Bk Grt C El Jap 78 ' Greek Gov 7s "84 Helsingfors 6%s Italy 7851 Japan b%s Jupan 6% 5 Karstadt 68 *43 ct stp Kreus&Toll bs 59 cfs Lombard Elec 7s 53 Meéx 48 10-°45 asst sm | Milan 638 62 | Minas Gers 634 '58 | Septeouponoft _ Norway 4 4 s 6o Norway 4%s 56 Norwav 68 '63 Norwav 68 '43 Norway 68 ‘44 | 0810 4368 56 O.Ino & E53'63 | Panama o3 ‘62 stpas Paulista Ry 78'42 ___ Pernambuco 78 "7 Sept coupon off. €0 June coupon Rio (ir do Sul 7 May coupon 5 Rio Gr do Sul 7s '67 June coupon off Rome 6%s ‘52 Sao Paulo C 6%s 57 May coupon off Sao Paulo St 6s '68 July coupon off Sao Paulo St 78°40 Sao Panilo St 7s ‘66 Sept coupon oft Sao Paulo St 83’50 July coupon off Serbs 7s '63 unm e 0 Silesia Prov 7s '68 Tokio 638 *61 Tokir B L Ltd Trondhiem § Uiizawa E P 78 ‘45 UnStl Wk 614847 A UnStl Wk 6%s'51 A Orugvay 6s ‘60 Orugnay 6s°64 Westphal El Pw €s 53 Yokohama of expenditures, 8 4.16; 201 SR 25 s i =% 25 ler. i ®old nisets. $11-184 240 :nn"n"v ol st NEW YORK PRODUCE. £ NEW YORK. Dec: 17, 07"' lrre‘uhr Vi gl e b e Butter.~ 7.791 extra (92 score). =0 Hrresula nw,-:c:w firsts (RB-0 33 nds (84 -"5'7'”" ) 31%: centralized 100" score), A3sanni uher butter prices’ unchanged. ,".’c’lm gy io frm. "By e 1.-1. Solorea. 830 Leghorn, Teaib: a::k:mxa.xu other” trefght " rices “un: s 101852 or S ) " 2, & i~ 5 = =2 Beomag19m Y 2 g0 = iV g et <t it ot o ket i 53333 32 4800 ek [ % 3 22222283 FEESTEI8NS i hda o B, o< 3-:.::;‘:0, & i012: : i 1 N300 830G ERRRPFSRTS F gE¥ §§§§§§§§§§§§§' LA ] ll7 JOINS SIMMONS BOARD, NEW YORK, December 2 (#).— Gilbert Kinney has been elected a di- Alleg Corp bs ‘50 Altled Stores ¢ Allis Chalmers m™ Intl 6% Am Roll Mill Am Wat Wke 63 Am Writ Paper:és 41 Am Writ Pa 85 %47 etl % Armour Del) 1t 4w'6b Armstrong C'k 4s ‘50 A T&S Fe 48 05’85 A T&S Fead) A TAS Fo zon 4336 A T&S Fe 4348 43 AT&S FeC A %8 63 Atianta & Birm 4s 33 Au-m A L ' Aueoul an AtICLun é%s Ati Coast Line Atlantic & D istén Atlantic & D 24 4548 B&OIstés’43 B&O¢%8'60 oo 1168 11011 1045 103 RY. 102.24 1026 104.2 107.31 106.8 108, 108.28 109.14 110.10 1088 11412 116.3 1108 12 16 2 -108. 10234 102% 1028 1023 10234 1025 1023 1028 10234 1024 10234 102§ 10234 102% 10234 10234 108 108 11034 110%§ 110 110 198 98 1063 1064 109 109 115 1143 8% 103% 111 6 101 1 108% 22% 1014 10275 1013, 1093, 1083 233 9914 100 69 85 19 18% 13% 16% 8% 233 23% 3 18% 0985 10935 11034 1118 1187 1165 110% 110% 12114 12114 FARM MORTGAGE. 1044 1045 104.30 104.30 105,27 105.27 106.27 OWNERS' LOAN. 102.29 102.29 102.29 103, 104.24 104.28 104.28 FOREIGN BONDS. {1038 4 11034 L 10275 con 68 *41 stpd Bkivn Un E1 Bklyn Un G BCR&Nclbs'34 Bush Term con bs Bush Term Bld By-Prod Ck 6% Can'dfan N R Can’dian N db 6% 8’46 Can‘dtan P db ¢s verp Can’dian Pac ¢34s '46 Can'dian Pac 4348 '60 Can‘dian Paa 5s'44 cfs Can‘dian Pac 68 '64 CaroCl1 & O 68°38 {|CaroC1& O 6362 A 115 16%% | 150 | 1554 | 151y 18§ 15 134 13% 51 223 2235} T 9% 9974 92 | 2543 | 101 60% | 1023 | 9934 | 983 105 8% 10634 | 2% 128% £ 36% 22% 21 3034 24% 95% 325 | 81% 8434 100 32 454 68 6 5634 223 100% 1013 | 109% | 1093 | 233 99 100 6 85 19 133 1334 16% 8% 2334 28% 31 18 Central Fdry cv s "¢1 Ceu' of Ga bs ‘69 C Cent of Ga rf 538’59, ent (11 B & G b8 ‘51 Cent N England 4s *61 Centof NJ ¢3'87 2 Cent of N J gen 68 ‘87 Cent Pac 18t rf ¢s'49 Cent Pac 6s '60 Cert’d deb 548 48 Champ P& F 4%s°50. Cherap Cov ba 44 Chesap Corp b8 47 __ Ches &0 3% D. Chn’&o"il'lil C&Ogen 434892 hi & Altrer 3849 __ Chi B& Qgen Chi B & Qref Chi B&Q | div 4s 9. Chi & E 11 68 Chi & Erie 1st iI 'll_. Chi Grt West & Chi | & L gen Chi Ind & L gen Chi Ind & So ¢s CM&StPgn3%s'89 B CM&StP ¢s 89 CM&StP gn 4%8'89C CM&StP ¢%s B CM&StP 4%s'89 _ CM&SLP 68 76 CM&StP&P ad1 682000 Chi & NW gen 3% 'l’l Chi & NW gen 4s Chi & NW gen 48 l1 st Cht & NW 4% 2037 Chi & NW 41%482037C Chi & NW 4% 849 Chi & NW 4% s Chi & NW gen bs '87_. Chi & NW rf bs 7 | CRNW Nr W 6 Chi R I1&P rf ChiR &P rt Chi R 1&P gen ¢s ‘88 Chi R I&P gen Chi T H&S inc Chi Un Sta 33 Chi Un Sta s Cbi Un Sta ¢ Chi & W | con 4s 52 Chi& W Ind 4%s ‘62 Childs & Co bs "43 Chile Cop deb 53 "47 Cin Un Ter 3%s D gtd CCC&St L gen 48°93 | CCC&St L rt 414817 E | CCO&St Lref 6s '63 D CCC&StLCW&M 48 '9) Clev Un Tel ¢%s 17 Clev Un Term 6s 13 B Clev Un Ter b%s "lf A Colo Fuel & Ir Colo & So 4 %3 80 Columbia G & E bs '52 May Columbia G&E 6 Colum RyP &Lt 5 Com Inv Trust 3148’51 Cons Coai Del 6s 6 Cons Ed NY 3% Consol Ofl 334851 _ Cons Pwr 3348 ‘70 Consum Pwr 3% Crane Co3%8°61 | Crown W1l P 6s ‘51 . 53 Cuba RR 18t b: Cuba RR 6s " Cuba Northn 6%#'42 Del & Hud ref 43 Del & Hud 6%s 37 Den & R G con ¢s 36 Den & R G 4%s 36 Den & R G W bs 65 | Den & RGW 6s°65 asst Den & R G ref 6s ‘18 Des M & Ft D 48°35 efs Det Edison 313566 Det Edison bs 52 Det River Tun 4%s’61 Dul SS & At 68’37 Duquesne Lt 3%s 66 East Cuba S 7%s '37 15 Cuba S 7348 37 ctfs ETV & Ga cn 65 '66 El Paso Nat G 4%#'61 El Paso Nat G 4%s'46 Erlecv 4s’53 A Fla EC Ry 68°74 Fla EC Ry 68 *74 ctfs Fran Sug 7%s '42 Fran Sug 7%s ‘42 ctfs Galv H& H 6%8 33 Gen Cable 545 47 Gen Mot Ace 38 46 __ Gen Mot Ace 3%s 51 Gen StI C b%e 4y Goodrich Goodrich 6% Goodvear T&R 68’57 Joth Stlk H 68 46 ww Great N Ry s 486G Great N Ry 48 46 H Grt NRgen4%s'76 L GrtNRgen4% 17B GrtNR S%l’fl B Green Ba Gulf Staty Har Ry PC 18t & Hock Val ¢%s ‘99 Hoe (R) & Co 63834 Houston Ol 638 *40 H’satonie con 58 '37 _ Hudson Coal b8 ‘62 Hudson Go G 1st 55 4% Hud & Man inc 6s '67 tll n . (1} NIK lm(‘h’ l“!‘ llfl( IM Lael n mg 9034 90 102 1013 101% 10434 1043 10435 1065 108% 10634 L 94 Hud & Man ref bs 57 (11 Bell Tel 3%8s *70 11 Cent col tr ¢s "5 11 Cent col tr 111 Cent ref 4 11 Cent ¢%s 63 11 Cent ref 6 56 LCC&StL N O ICC&StL N O 68 ‘II Inland 8tl 3%s . int R T Lst rf b IR T 1st rf b int R T 6s'33 interiake 68 51 ... Int Cement 4846 ____ [t Grt Nr 68’66 B___. lnt Grt Nr C int Grt Nr 3 A int Grt Nr ad) 6952 & int Hydro £l 6s 44 int Mer Marine 63 *¢1 int Pap Lst 6s 47 int Pap ref & Int TET ov 4 %s "3 Int T&T 4%s 53 int T&T 68 ‘56 James F & C 483! Jones&L Stl 4 %a'61A High. High. 1218¢ 12134 121% | Leb CAN 4348’84 c-_. 1043 10434 1045 9 9 WY Low. Close. 1803 180} 130 | Leh Val Coal ) 10134 10554 1043 80 115 109 913 214 2% 57 1004 3¢ 118% 115% 115% 118 174 118% 119% 127% 97 104% 10634 116% 109 1063 110% 160 19% 1834 105 56% 81 8934 124 208 9334 10734 141 15634 102§ { 1185 & 1108 i 107% 4 1011 $ 10814 0} 4 10134 10134 1083 1055 108% 10434 80 80 16 118 109 109 91 9K 21 214 70 7034 5614 5634 10034 1004 33 * 833y 118% 1183 118% 181§ 1163 116% 1143 116 1173 1174 18} 1181 1193 1193 127 127% 963 96X 1043 104§ 1043 10434 116% 115% 109 109 106 108 11034 11036 158 160 183 183 18}4 1834 105 105 54 55% 81 81 87% 88 11234 1124 108 103% 98 934 1073 |o7»g 14084 140% 156 186 10234 10244 10234 10234 128 127 593 59% 116% 118% 185 118% 27y 12434 42y 2134 10034 8 10844 112 105 931y 1052, 974 1024 § 10285 ¢ 111y 02 1ns 113§ 106 8934 128% 343 80 mu .Dh % 108% -m mm 10034 108 3 101)( 4 ofs. MIO..NG"I‘ICA & 1047, 1083 6% 1084 RZZZ22%TZ L 222 i""fl""fl"fl%"_fldfln,‘ 22722222227 " AZ ":IJ LV NY 1st ds'¢b gtd. LVNYe%heeogta Leh V P oqn 483003 . Leb V P con ¢ 3003 Leb V RR con bs 2003 McKess&Rob %8 ‘50 MeC RReltés"4b A Manat Sug 7%8°43 . Man 8 1st 7% 843 ctfs Marion St S8hov 6s ‘¢’ MIER&SLGEs'S) Mil & Nor con 4348 '39 w 47 MStP&SSM 68’38 M MStP&SSM 5%8 8. Mo 11 68 ‘69 e MoK&T lI( 48°90... Mob & O M div Mohawk & M 48 '91 Monong Pub 8 4% 860 Mont Pwr ref 68 Mont Power 68 ‘62 A Mor &Essex 3%8 2000 Morris & Essex 4%'55 Mor & Essex 58 '56 Nashv C&St L 4818 Nassau Klec s '5) gtd Nat Dairy 3%s'6) ww | Nat Dis PC 43845 | Nat Steel 48 - New E T&T 4%s'61 . New E T&T 18t 68 '53. New Url PS68°62 A . New Orl P 8 63656 B Y New Orl T&M b8 54 B N Y Cent 3%8°97 N Y Central 3% s 46 N ¥ Cent con ¢s'9% N Y Cent rf 438 2013 NYCrtaks2013n N Y Cent rf 682013 .. N Y Cent cvés'ds NYC MichC3%s"98 NYC&St L 1st 48 '37 (sl L] EXrorriro PRPRRRRRRR TEITTTTIT z s | 8 . ogag | NY ORBW ref 4s 93 NY Putnam 48 ‘93 .. NY Rysinc6s ‘66 NY Stem 1st 68 51 NY Steam 1st 6s 038y | NY S&W st rt 6831 118 10734 107% 108% 109% 10734 108 1173 118 1y 114 108% 108% 883 883 125 125 123% 123% 343 344 9% 9% 1093 1098 9234 9234 89% 891 NY Tel gen ¢3%s 39 NY Trap Rock 46 NY W & B e34s 46 Niag Falls Pw 3345’66 Niag Sh 6%s ‘650 Norf So 1st ref 58 '61 Norf & W 18t 48°96 North Am Co 6s "$1 North Am Ed 68 69 C Nor'n Ohlo 1st 68 '46 Nor'n Pac gen 3s 2047 Nor'n Pac 4897 Nor'n Pac 4%8 2047 Nor'n Pac 68 2047C _ Nor'n Pac 53 2047 D Nor'n Pac 6s 2047 North Sts Pw 4348’61 North S P 1st 6841 A North Sts Pwr 53 64 Nor'n Sts Pw 6s 41 B Ont Pwr Niag Ont Trans 1st Oreg W RR& N Otis Steel 6341 ... Pac Coast 5846 ... Penn Dixie L Penn P& L ¢ Penn RR 3% B Penn RR3%8°70C . Penn RR 4148’81 D Penn RR 438 ‘84 Penn RR con ¢% '60 Penn KR gD 438 66 Penn RR deb ¢ » 5! Phila Co 68 *67 Phila & R C&!I 6t Phila & R C&! Pillsbury FI M 6843 PCC&St L 68 '76 Pitts&W Va 4 Porto Rico A T 6343 Postal Tel & C bs '63 Potomac El Pw 33 Pressed Stl Car 68°61. Pure Of) 4% 8 '50 xw Pure Of) 438 ‘50 ww Purity Bak 6848 R-E-O 6841 Reading Jer C Reading R 4% 79% | Reading R 43897 B % 10834 10835 853 85 90} 90 wm 107 Rem-Rand 433'66 ww Republic Sti 438 *$1 Republio 8t} 4 Republic 8tl 6%s Revere Cop 4% °5 Richfleld O1) 6844 . Richfield O 68 '44 ctfs. 98% | Roch G&E 4%8 717 D- 10054 1003 104% 104% lm lflu StLP&NW6s’4s . St L-8 Fran 45’60 A s:wru-uuem wm 2% 2ng2R e Low. Close. 3% 10 T4 TAY T4 85 85 85 12634 126) 126% 4 914 10434 1043 10434 109%% 10935 10934 10856 108% 108% lll!( 1% 11% 9634 9634 9534 10434 1044 10434 10434 10434 10434 84 84 ‘M 10834 106 8434 84X 38 4% li)‘ 36 1054 84! F3 44 13% 36 1053 1051 1043 1043 95 961 [T 1004 100% 9% 98 6335 6334 107 105% 126% 101 994 1083 1084 1025 1073 107% 115% 115% 11234 11234 10734 10734 102 102 ™ 108 1083 1105 1104 101 1013 104% 105 118% 113% 107% 107§ 121 121 1153 116% 104 104 1084 10634 106% 1063 484 6% 46l 26% 25 26)¢ 108 108 108 1229 122% 122% 95 9434 94l§ 108% 105% 106% 106% 105% 106% 8% nx 3% ‘ID% u 4034 msu :nsx 105% 98 98 105 106 108 15 1144 11434 995 99% 99% 11634 11634 1164 108 1023 1023 107% 10734 10734 10734 1073 1073% 112 1113 111% 9% 99 MY UK Y 10634 10634 10534 10234 102} 102 Y 843§ 84} a a 27K 21 2 254 24 283 % | Seabd A L 6845 atts 9% | Tol & Ohto C 3% Issue of Debentures Marks End of Program, B the Associated Press. NEW YORK, December 2.—Amer- ican Telephone & Telegraph Co. com= pleted one of the largest corporate re- financing of many years to- day when $140,000,000 of its 30-year 3Y, per cent debentures were publicly offered by a syndicate headed by Mor- 34 | gan Stanley & Co. An additional $20,000,000 of the is- sue will be sold to the trustee of the company's pension fund. The bonds will be offered at 102 and accrued in- terest. This was the second huge slice of the $335,000,000 program, $160,000,000 having been issued in September. An additional $25,000,000 was withheld for 14 | sale to the pension funds on that oc- casion. Proceeds of today's offering will be used for the retirement of $150,000,- 000 principal amount of § per cent de- bentures due February 1, 1965, called for redemption February 1, 1937, at 110 per cent and accrued interest. The debentures will be redeemable, at the option of the company, on 60 days’ notice at 1071 per cent and ac- crued interest up to and including De- cember 1, 1941; thereafter until June 1, 1956, at 105 per cent, to June 1, 1961, at 103%; per cent and thereafter at parity. They will be issued in de- nominations of $500, $1,000, $5,000, $10,000 and $100,000. AT $10,500,000 TO BE SPENT ON FRUIT EXPRESS CARS B3 the Assoclated Press. OMAHA, Nebraska, December 3.— Carl R. Gray, president of the Union Pacific Railroad, announced today the Union Pacific and the Southern Pa- cific Railroads would spend $10,500,000 for 2,000 new refrigerator cars and re- conditioning 1,750 additional ones. They will be used by the Pacific | | Prut Express Co., owned jointly by the | Union Pacific and Southern Pacific. | BUTTER—Range of prices to stores | gatnered from Ibolulle dealers (prices to | nearby shippers based on Philadeiphia and New York mlem One-pound prints. ear- 1-pound prints, €arton und prints,” carton 36a27: pork, | I:’wg‘. : bacon, slice. 32; compo; ard, Ve STOCR Pigs. & 8%an: laht hoss. | 81ad 0 medium hogs. B het hoke. 8122015, roushs. “sants cuives. 0a10; | id shippers. net f.0.b. Wash- ingtor y the U. 5. Bureau of Agri- cuitural Economics EGOB Marke: sy 1o weak ment graded eegs not heavy, but demand Qull POUL Prices unchans Fow) 10a18: Leghorns. ‘10al11: pesdy. Virginia Rocks. bmflen avy. 810, a Pruits and Vodnl-. lnhl in larse Ml by original receivers up to & am c E_—One New York arrived: two broken abd_two unbroken cars on track. pplies moderate: di m oted. tyne.. Boa1 oh pers. poin! and Pennsyivavia 80-pound sacks. domes- tie ml-nd type. mostly a R CARROTS—No carlot ken cat on track, 8u )ch' vall broken car on track o.m‘:ues light: de- Jient: market ‘dull. California, crates | 75, L GELERY—No carlot arrivals: six_ broken | and four unbroken cars on track. Supplies ]Ibfrll demlnd ligh! arket all- (ndl\'idullly l‘l!htfl and | re-cool" New York. 33 crates. ln the roueh, LETTUCE—No carlot_arrivals: ten bro Supplies moder: Cafifor s Zen. | fe 15: Plorida_1'2-bushel ham- | pers Big Boston tyge. 2.25a2.50; mostly 25. ken cars on track. demard slow: market steady We: Icebere type. 5 do: ————————————— High. Low. Close. 16 16} 154 Seabd A-F1 & 1136 108 108 Seabd A-Fla 6s'35 et 1 10 11 Sharon Stl ev 438’51 110% 11074 110% Shell Un deb 3%s°51 10074 1003 1005 Stlesian Am 78’41 6 69 69 Skelly Ofl ¢s ’51 10234 102} 102} Socony Vac3%8s 10634 10814 106} South Bell TAT 6s8°41 108} 108} 108} S0 Colo Pwr 6847 A__ 1073 1073 107} Sou Paecifio 3% 8 °46__. 102§ 1013 102§ 108% 108% 1083 80 19 19 1% 111 1113 9914 9915 10834 1025 10235 90} 904 901§ L1010 101 101 1054 105 105% 38 3415 343 10074 1003 10035 116 115 115 1063 10834 1063 114 114 104 9 9 9 108 108 108 105% 10534 10634 105% 106% 106% 108 108 108 10734 1073 10734 104 703 704 10234 10234 10234 38% 38 38 107 107 100 100 100 106 106 106 101% 10136 1013 11634 1163 116§ e SoRYM&Ods 8 Sou Ry St L div ¢s'f1 Southw'n G & E ¢s '60 Spokane int 68 '55 Stand OII NJ Studebaker cv Swift & Co 3% Symgn G&G'S Texas& Pac6s*79C. Texas & Pac §s 30 D. Third Ave ref 4s°60 Third Ave 1st &s ‘37 108 Truax T C 6% Un O1] Cal 4347 Un Pac3%s°71. Un Pac 18t 4847 109% 10934 10934 108} 10334 10834 35§ 363 3534 183 138 138 107 107 107 104} 10434 104 Un Pac 1t rfé l”l ted Dru; Trm ¢ 36 Y'ngetn SAT 3% '51. 132 130 ‘131 T'ngsto SAT 48’61 __ 104} 104 104 A Production Down Less Than Seasonally, Institute Reports. By the Associated Press. NEW YORK, December 2.—The As- soclated Press index of electric power production, with 1929-30 taken as'100, advanced to a new high for the week ended November 28 to 118.1, from 117.6 the previous week. A year aga the in- dex, which is adjusted for seasonal and long-term trend, stood at 104.2. ‘The range for recent years follows: 1936. 1935. 1934. 1933, 1055 974 919 ] 919 802 Actual production, as reported by Edison Electric Institute, declined less than was seasonally expected to 2,133, 511,000 kilowatt hours, from 2,196,175« 000 kilowatt hours in the preceding week, and was 13.7 per cent ahead of MASSACHUSETTS INVESTORS’ TRUST Prospectus Will Be Sent on Request A. S. GouLpes & Co,, Inc. Weodwara Bids. OME LOANS to build or refinance = 5% ATMENTS $7.50 NatL 2000. PAYMENTS per $1,000 COLUMBIA BUILDING ASSOCIATION 716 11th St. N.W. LOANS FOR BUILDING We have ample funds to loan for the con- struction, purchase and refinancing of homes. BUILDING ASSOCIATION John L. Weaver, President Edward K. Jones, Secretary Washington Phone Bldg. Dls. 9486 CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbi- Nearby Maryland and Virginia 5Y2% Prompt Action B.F.SAUL CO. 925 15th Street Natl. 2100 AMPLE FUNDS FOR LOANS on bullding proje: WE INVITE inquiries from prospective builders in Washington; nearby Maryland and Virginia—re- gardless of the size of the project. Talk with us if you are interested in a long-term, low-interest mortgage loan involving monthly repay- ments on principal. WEAVER BROS me¢ Morigage Loan Corverpomdont Maregelisen Lifs Inmrancs Company DISTRICT 9486 -FINANCIAL. production of 1,876,684.000 kilowatt DUTCH RATE REDUCED. AMSTERDAM, December 2 (#)— ‘The Bank of the Netherlands today reduced its discount rate to 2 per cent from 2% per cent, effective tomor- row. centages changes follow: New Eng- land, 11.1; Middle Atlantic, 13.3; Cen- tral Industrial, 16.3; West Central, 8.0; Southern States, 18.1; Rocky Moun- tain, 10.8; Pacific Coast, 9.2. BONDS T0O BE REDEEMED. NEW YORK, December 2 (#).—The National Container Corp, has called for redempiion its convertibls pre- ferred stock at $32.50 a share, plus dividend of 50 cents for the quarter ending December 1 and one-third of 50 cents for December. %% MONEY AVAILABLE Construction Loans a: Lu- on Improved Properti in the District of Columbia. Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St N.W. NAtL 1403 lnvul-g.menla 5% R Estae v Sletul by new dmllm'n in w. enun of Washi Bradley, Beall & How: lu. znauum Nearly 0 Years Southern Money for Cnntm:tm-d ion Loans a Loans on Improved Properties 2% FIRST DEED OF TRUST ONLY GEORGE L. BORGER 643 indiana Ave. N.W. Nat'l 0350 1505 B 8t. N.W REAL ESTATE « LOANS . NO COMMISSION OR RENEWAL FEES Monthly Payments as Low as $7.50 Per $1,000 Consult us if you wish to obtain money to help you Build, Refinance or Modernize Your Home. ENTERPRISE BUILDING ASSOCIATION Tth St. and Indiana Avenue N.W. MEMBER OF D C BUILDING AND LOAN LEAGUE MEMBER OF U 8 BUILDING AND LOAN LEAGUE LOANS ON IMPROVED D. C. PROPERTY Immediate attention on your apr cation for buying, rebuilding c refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. E ourraBLe Co-0PERATIVE Bunpme A ssociation 915 F STREET N.W, Organized 1879 SECURITY RELIABLE, INCOME DESIRABLE— 52% FIRST MORTGAGE NOTES= Here is a desirable, dependable, commendable investment that will offer increased income secu- rity as time goes on because the Principal is pro- tected by new Chevy Chase homes . . . act quickly while opportunity to secure these FIRST MORT- GAGE NOTES remains. In Denominations From $250 Up SHANNON & LUCHS Members of the Washington Real Estate Board 1505 H St. N.W. Realtors NAtional 2348 *I started my savings account yeats ago, when I first began working. Later on, I opened a checking account, because I knew how much convenience, safety and prestige it would give me. “I'm still using both of them regu- larly — checks for current expenses, and ° the surplus goes into saving deposits for future expenditures.” ? Many of our depositors follow this plan, and we invite you to talk with any of our officers about opening an account here. McLachlen Banking Corporation Since lB‘)l TENTH AND G STREETS N.W. 8.W. Branch, 12th and Maryland Ave. S.W, Member Pederal Deposit Insurance Corporation R I I T T T Y Y Y Y