Evening Star Newspaper, December 7, 1936, Page 15

FIN BONDS HESITANT INNARROW RANGE . Some Junior Issues Up Mod- erately, but Others Are Depressed. Bond Averages nn?- tndbae. Oth. P Net change. - +.1 une. +.1 Today, noon !7.5 104.21024 711 Prev. day... 97.6104.1102.4 71.0 Month ago.. 97.4103.91023 709 Year ago... 85.7101.6 99.8 69.4 - 9791044103.1 720 8691018 993 676 8781022 998 704 1935 low.... 764 922 845 655 1932 low.... 458 400 646 422 1928 high...101.1 989 102.9100.5 10 Low-Yield Bonds. Noon ....1133 Prev. day. 113.3 Month ago113.1 Year ago.109.8 1936 high. 113.4 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 104.4 1932 low.. 86.8 (Oompiied by the Assoclated Press.) BS the Associated Press. . NEW YORK, December 7.—Over a large section of the bond market to- day buyers were able to pick up what they wanted at prices somewhat under the previous finals. A few of the medium-priced specu- lative ratings scored moderate gains. | International Hydro-Electric added about 2 points to the wide advance re- corded last week. Utilities Power & Light 5s and 5':s climbed 3 to 4 points. Losses ranged from fractions to around 1!; points in Youngstown Sheet & Tube 3'is, Walworth 4s, M. K. T. 5s, St. Paul 5s, Alleghany Corp. 5s and International Teles phone S5s. United States Governments were un- even, 4-32 of a point higher to 4-32 lower. Cuban 5!3s attracted attention in the foreign sector with a rise of about 2!;. Japanese 5'.s improved a point or so. Other zroup.s were mixed. NCIAL WASHINGTON, D. C, MONDAY, DECEMBER 7, 1936 BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. Approximate Transactions Today. U S Gov't Bonds . 1,020,000 Foreign Bonds ... 1,790,000 Domestie Bond: 9,160,000 @ TREASURY. High Low. Close. 10417 104,17 104,17 108.4 103.4 1034 . 102,22 102,18 102.22 104,19 104,15 10417 104.15 104.15 104.15 108.4 108.3 1083 106.14 106,14 106.14 109.3 108,30 109.3 108.8 1083 108.3 109.17 109,15 109.17 110,15 110,13 110,13 110.11 110,11 110,11 108.14 108.14 108.14 109.17 109,16 109.16 1112 1112 1112 1168 1167 116.7 44n-3%81943- 46 110,14 110,14 11014 4148 1947-52 121.24 121.28 121.28 FEDERAL FARM MORTGAGE. 381947 105.18 105,18 105.18 381949 1057 1053 108.7 HOME OWNERS' LOAN. 2348 1942-44 1035 1035 103.5 2%81939-49_ 1039 1035 103.9 3871962 104.29 104.26 104.29 FOREIGN BONDS. High. Low. cm;‘ 23%s 1948 51, 2% 195 2% s °56-69 2748 1965-60 278 1955-60 reg. 48 1946-48 39196166 .. 3% 8 1946-49 3148 1949-63.___. 3% 1941 33,8 1944-46 31,5 1944-46 reg_ 338 1940-43 June 35,8 1941-43 Mar 338 1943-47 ___ 4S 194454 Abitibi Pa&Pw 68 ‘63 Adriatic Elec 7863 Akershus 6s ‘63 Agr Mtg Bk Col 68 '47 Febr coupon on. Antloguia 7s 45 A 70 98% 10284 10234 1023 102% 1024 10234 1z % luzdy 10224 | Argentine 6s ‘69 Oct Argentine 6s ‘60 May Argentine 68 60 Sept Argentine 6s 61 Febr | Argentine 6s 61 May Australia 4148 56 | Australia 6 | Australia 6 | Belgium 6s Belgium 648 49 oo Berlin 6s ‘68 Berlin 638 50 Berlin Klec 6%s '51.. Brazil 6148 26-'67_ Brazil 6348 '27-'57 . Brazi) 7s '63.. Brazil 8 Brisbane Budapest 65 °63 unmat coupon on.. Buenos A C 3» '8¢ | Buen A 4%8-4%s 15 Buenos Aires 3414 10245 2815 60 8% TREASURY GOLD HOARD CONTINUES TO INCREASE | BY the Associaten Press. NEW YORK, December 7.—The Treasury's hoard of gold continued to grow in the latest weck, pushing ahead to a new hign. The upturn brings closer to a finish two years of succes- sive boosts in reserves of the yellow metal. The monetary gold stock reported | by the Federal Reserve Board, com- pared as follows Week ended. December = Previous ~ week Same perfod last ve INSURANCE STOCKS NEW YORK. December i (1. —New York curit: Dealers’ Association Asked $11.188.000.000 111462000000 Aetna Cas (7a) Aetna Ins (170 Aetna Life ¢t Am Equit (Ta)_ Am Ins Neaars ('2) Am Rei Am Reserve ru Am Surety (22 Automobile Continent CAS (1! | d & Dep . Firemen's le Fraok Fire (1a) Gen Reinsurance Glen Falls (1.60) Globe & Rep ('an y | Globe & Rut & Great All‘fl' la) 01 | | Lincoln Fire __ Nati Fire (+ ; i Natl Liberty. ( 20a) Hlnlnshh (1.80) Y Pire (.60a) Nor River le Phoenix (a) Prov Wash (1 : 8t Paul Fire (fa) _ | Springfleld (47:a) a1 | Sun Life __ 50| Tnvplers a6 3 U 8 Pire (1.80) Westchester (18) - a—Also extra or extras. 10.008.000.000 | | Cuta 61as 45 | Japan 61y b4 | Karstadt 65 *43 ct stp 4148-3%877 Py 2 | Buenos A C 6s "60 Oct | | Buenos A 6s '61 st Pv 8215 flzsfl | BuenosAC6%s'61stPv 85 Hitisacia Ticeten May coupon off . | Canada s 6l Canad: Canad; Chile 68 Chile 63 Chile Chile 63 6 10334 108% m i 1147 114 | 153 16 | 181 15% 15, 1odg | 15 | Chile 78 = 158 Chile Mtg Bk 65 '61_. Chile Mtg Bk 65 62 Chile Mtz Bk %3 Chile Mtg Bk 6% s ‘61 133y 187y High. Low. Close. Anglo-Chil Nit 78°67. Armour & Co ¢%8 Armour(Del)1st ¢9'6b A T&S Fead) és -u ot A T&S Fe gen Atlantic& D 18 Atlantic & D 24 4 AtIG& W ) 6869 8. Bos & Me 4%38'61J.. Bos & Me b8 ‘56 Bor & Me 68 °67 Boston N Y A L :l ‘66 Bkivn Cy RR 68 '41 Bklyn Ed con 348'66 Bklyn Man T ¢%8 '66. Bklvn Un El 68 '60 Bklyn Un Gas 68 "4 Bklyn UnGas 63’67 B Brown Shoe 3%s ‘60 Buff R&P con ¢ %8 67 BCR&Nclbs'34 Bush Term con bs By-Prod Ck 6%8 *46._ Camag 7843 ¢f Canada Sou 6862 A. Can'dian N R ¢%8 51. Can'dlan N R 4%s ’66 Can'dian N R 4%s 67 Can diap N 58'6% July Can’dian N db 6% 5'46 Can‘dian P db Can-dian Pac 6s'44 cfs Car & Gen 53 50 ww Central Fdry cv s 41 Central Fdry cv 6s ‘41 Cent of Ga con 68 '45_ Cent of Ga 6359 C. Centof Ga rf 6%s '69. Cent Ga Chat 45’51 Cent Ga MG&A 5547 Centof NJ ¢s'81 Cent of N J gen b8 Cent Pan 18t n 45749, . 12514 12514 Champ P& F 4% 8 '50_ Chesap Corp 68 47 Ches &03%s'96 D.._. Ches&03%s'96 E C& Ogen 4892 Ca& Oconbs '3y hi & Alt ref 3349 _. Ch) B & Qref 5871 Chi B&@ 1div3i Ch) & K (1165 61 Chi & E I1] con 65 '34_. ChiGL&C 7 Chi Grt West 9 Chi | & L gen 63 '66 Chi Ind & L ken 65 ‘66, Chi Ind & So 4 CM&SIP 43 CM&SEP 4% CM&STP b8 "16 CM&S!P&P adj 652000 Chi & NW gen 4s ;g — | Chilean Mun L 7s '60 Columbia 68 61 Jan Columbia 6s '61 Uct ~openhagen 4148 ‘53 __ Copenhaxen b8 ‘52 Cordoba 78 42 Prv Costa Rica s A 51 12% 24l | 24% 98 iy | ¥ | 2 | Vi 10214 101 83 IUA“V Cuba 5%s 53 Czechoslovakia 8: Denmark ¢4 62 Denmark 58 55 __ Denmark 65 42 Dominic 1st 6%s 42 Dominic 2d 5%s 40._ Fiatdeb is 46 | Franktort 6%s 53 Erench Gov I35 41 Fremch G 7%s 4luns Ger C Ag Bk 6860 Oct Ger C Bk A 63 ‘60 July Ger Gen Llec 638 "40 Ger GOV u a8 65 8t Ger Gov b%s 65 un st GeLilep 78 49 unst__ Greek Gov 68 68 Hunz Con M 73 '46 unmat coupon on taly (s 51 1talCrd P W 7847 B_ % ltal P UCrdis'62 . ‘ i Jayan olys 6b 983y 52 G | u' |‘ 234 128 263 | 27 | ¢Uh| 21 Kreug&Toli bs by cts Leipsig 78 '47 wouibard Elec is '6%_ CHICAGO LIVE STOCK 'HICAGO. Decemb: % .—(United o Depwrtment. of Agriculture ) Hoge gnn PR 5100 direct: mostly 15 8 hisher than Friday's average: 10.30; buik pound. . 9.00-10. sows largely 9 85 spots p extreme top x00d | 4R Shoice - 200-300 ;| *t light lights. 9.65: Cattle. 15.000: calves. 2.000: fed steers | nd yearlings strong to @5 higher; short- feds predominating in crop. these ‘as well ate supply s e | o 0% ; and_shorifed | 25 1 yearlings. sizeable suj steers warmed-up comparable heifers 00: best heifers around | rong to 15 higher: outsi Paying up to 10.50 and bet- but light kinds largely | Sheep_ 10,000 including 300 direct fat lambs and sheep opening aroun steads: good to choice native and 'fed Western lambs. 8.50-X.75: top. 9.00 on u- nnc!lv chmce natives to nmlll killers: | ewes 4.00: scattered natives | ;llllbl- 0TS 1w o0d secding lambs. | s s .65 shippers er for vealers. .00+ U. S. TREASURY NOTES. o ffeported by Chas. D _Barney & Co) Rate— “aturity. 4 Dec. 109 10 101 18-32 101 20-32 MONEY MARKET, NEW YORK, December 7 eady: 1 per cent al er paper. 3 per cent: time I SOTT 0 dave to 6 months. Vs per cent baTkers aceebtances unchanged; ARl FREIGHT LOADINGS. dv ORK, Decamber 7 (f.—Revenue carion l!ll rallroads reporting 87 for week ended December 5 included: Wnk Previous Last week. Duitimgre & Oblo 50 m.e’m 47750 4 27,068 29355 JOINS cnvsm-:x BOABD. NEW YORK, December 7 (#).— Jusn T. Trippe, president and gen- eral manager of Pan-American Alir- ‘ways, has been elected & member of the board of directors of Chrysler Corp. VISIBLE GRAIN SUPPLY. NEW YORK, December 7 (#).—The visible supply of American grain shows the following changes, in bush- els: Wheat decreased 3,379,000; corn inereased 1,108,000; oats decreased 2,- 521,000; rye decreased 320,000; barley decreased 43,000. NEW YORK BAR SILVER. NEW YORK, December 7 (#).—Bar silyer steady and-unchanged from Fri- day, December 4, at 453, | 0810 434876 64| ! Mex 43 ‘54 asst Mex 55 '4b asst Ige. Mex sf 65 *45 asst v Milan 63s b2 643 | Minas Geras 648 o | Sept coupon on... 194 | Montecatin 78 '37_. 99 Montevideo 78 ‘52 6674 | New So Wales 58’5 105 | Nord Ky 6348 '60 10734 Norway 4348 b § 10253 Norway 4% 65 10134 Norway 6s '63 101 Norw Hy Elec 6%8 57 102% Oriental Dev 6s 53 K 9954 1004 0% 10234 3% 13% 571y 58 28 22% 235 118 18y OsloG& E68'63 - anama 6s ‘63 stp a 'aris Orl Ry b%s Peru 6360 Peru 63 '61 Poland 6 Poland 8s 50 Porto Alegre 8s June coupon off Prussia Prussia 63 Queensiand 6547 Queensiand 7s ‘41.. Rhine W EI P 7s ‘&u._ Riode Jan 634863 Aug couponoft ____. Rio de Jan 83 46 April coupon oft __. Rlo Gr do 8ul 68 " June coupcn oft % Sao Paulo C 648 "7 May coupon oft Sao Paulo St 78 8ao Paulo St 7s ‘56 Sept coupon off Sao Paulo St 8s July eoupon off Serbs 7s '62 unm c 0. Serbt unmeo.. Stem¢ & H 6%s 51, Silesia Prov 18’58 __ Taiwan Elec 6%s '71_ ‘Tokio 6%s "61 Tokin F. L Ltd 68 ‘53 . Tyrol Hy Elec T8 ‘52__ Ujigawa E P 30 23 2¢ 8734 4% 634 % 283 60 60 87% a9y 204 ” 8734 9% Westonal EI Pw 68753 2034 Yokohama €s '61 10 DOMESTIC BONDS. Adams Express 4847 103% 108% 108% Alleg Corp b8 4 10135 101 101 Alleg Corp 98 97l 9TH Alleg Corp 6s ‘50 stp 681 673§ 6734 Alleg Valley 4843 . 11175 1117 111% Alleg & Westn 48 '98 102%; 1025 102% Altled smnusu'u 101 101 101 Allis Chaimers 1975 195 196 Am & For Pw bs 10!0 8315 8234 82§ 87 8 871 1105 110 1104 10634 10634 10635 1163 116 1164 11084 11034 11084 112% 11234 112% 163 11635 16134 2 T T 1Y 1KUY l: 10834 105! Epeye e 335t “ N 6i¢ | Consum Pwr3% | Crane Co 3348’61 | Crown W1ll P 68 '51__ Chi & NW ¢%s'87 Chi & NW gen 6887 __ | Ch1 & NW rf bs 2037 | C&NW Nr W 614836 Chi Rys Ist 58 ‘27 Chi R 1&P rf 48 34 Chi R &P rf 48 34 ctt Chi R 1&P zen 4s ‘88 | Chi R 1&P 44852 | Cm R 1&P 4%s '52 etf Chi K 1&F 4158 €0 Chi T H&S 1s Chi T H&S Inc Chi & W 1 con 48 '52 Chi& W Ind 4%s ‘62 Childs & Co 63 *43 Chile Cop deb 68 '47 Cin Un Ter 3%s D gtd Clev (In Term 6373 B CCC&St L gen Clev Un Tel 4%s *77 | Cin Union Term 6s '57 Colo Fuel & It 58 70 | Colo& So4temg0 . Columbia G & E deb 6s“52 April Columhia G & E bs '52 May Columiis GAE bs *61 Com Inv Trust 31% Cons Coal el 63 "60 Cons 4 NY 3%s 46 n Cons B4 NY 3%s 66 n ’51 | | Cons Gas N ¥ 43261 Consol Oi1 3%s°51 _ Cons Pwr 3148 ‘70 "85 Container deb bs 43 Cuba RR 1st bs 52 Cuba RK ref 7348 '36 | Cuba Northn 6% s'¢2 Cumb T&T 5s'37 De1 & Hud ret Del & Hud 6% Den & R G con 45 36 Den& RG 4%8'36 __ Den & R G W 58 66 Den & RGW 58°65 asst Den & R G ref 68 78 Des M & F't D 48'35 cfs 2 | Det Edison b: Dul SS & At Duquesne Lt 3%s ‘56 East Cuba 8 7%s 37 K Cuba 8 73%s 37 ctfs El Paso Nat G 448’51 ElginJ & E 58 '41.. 53 E Gen Riv 68 '5' Erle & Pitts 3%s'40C Farb’ks Morse 48 ‘56 Fla ECRy Q%I‘BL - Fla EC Ry 6 Fla EC Ry FondJ & R 4s'82 filed Fran Sug 7%s 42 Fran Sug 748 ‘42 ctfs Galv H& H 5348 '38. Gen Cable 6%s 47 _ ;| Gen Mot Acc 38'46__... Gen Mot Acc 3%s '51... Gen St C blam ey Caro & Nor Goodrich és Great N Ry 48 GHNRnuGV.l'lll: Grt NRgen4% 17 B Grt N R gen Green Bay 63’62 B___ Gulf M & N 68 '50 Fulf States Util 4s 66 Hock Val 4348 '99 Hoe (R) & Co 6% 3¢ Houston O1l 6% -40 Hudson Coa! 6: Hud & Man inc b 'i'l HuA & Man ref bs ‘57 111 Cent $3%4s 62 111 Cent col tr 4 111 Cent col tr B! 11 Cent ref 4s ‘66 111 Cent 4% 8 '8 1l Cent ref 68 °65. ICC&StL N O 4%48'63 ICCAStL N O b8 63 Ind & Loulsv 4 Inland St1 3% 61 . IntR T istrf I R T ist rf 6366 ctfs int R T 6833 Int Cement ¢s *4b int Grt Nr adj 886 lowa Cent mm-nrn James F&C4n 39 Jones&L Stl 4% a'01A. %4 | Kan C So 1st KanCSorfin High. 1os% mu 112) 413 403 41 10434 1043 1043 99} 99 99 111% 1% 1% 1164 116} 11635 110% 1104 Kan C Term 1st ¢5'60 0 Lautaro Nitr Leh CEN ¢%8 ‘64 C.. Leh Val Coal 68 *64 Leh Valley Har 63 °54 LV NY 1st 4s 46 gtd. LVNYd4y%edogtd. Leh V P oon ¢53003 _ Leh V P con ¢3%s 2008 2003 92! 103% 703 6% 843 . 1261 . 10134 107 i 98} 98 - 1093 108% 1 106% 10434 10424 114 113% 113% 121% 121% 121% 993 994 99% 105% 10534 10534 | I, & N unif 4s 40 L& N 4%82003C L&NPM4s'46. 101 101 101 105% 10634 1055 10434 104 10434 115 115 116 12234 122 122 10935 109%§ 109 106 106 106 o) 91y 9K 22 22 22 % 7 T 10034 10034 10034 42% 40 41% 120 120 120 1153 215% 115§ 11534 115% 1153 114% 1143 11434 118} 11834 11815 128 128 128 97 961§ 97 104 104 104 1043 104%5 104% 116 116 116 106 102 156 Manati Sug 7%8 43 Man 8 1st T% 8’42 ctfs Market St Ry 7840 A. Mead Co 68 '¢5 Met E4 18t rf 4% MU ER&SLG6s’61 MiIER&SLrf 5811 Minn & S* ' 68’34 ctfs MStP&SSM cn 4s 38 MStP&SSM 6s '38 gtd MStP&SSM 6%s°¢9__ MStP&SSM b%s -n._ MoK &T 1st MoK & T b8 A MoK & T |d] 6867 Mo Pac 48 Mo Pac 68 ‘81 1 Mo Pacific 6%s Mob & Ohlo 4%8°77 Mob& O M div 68 47 Mohawk & M 48 '91 Monong Pub S 4%8'60 Monong Pub Sve 6865 Mont Cent 6s '37 Mont Pwr ref 68 '43 __ Mont Power 68 ‘62 A Mor &Essex 3148 2000 Morris & Essex 4%°'56 Mor & Essex 68 '656 Nassau Elec 48 ’51 gtd Nat Dairy s%s 51 ww Nat R M 48 17 asst Nat R M 4%8°'26 asat. Nat Ry Mex 4148 '57 _January coupon on. Steel 48 '66 ark C G 848 _ | w E T&T 18t 58 62 New Or GNR 6= 83 A New Orl PS 6352 A . New Orl PS6s'66 B . New Or T&M 4 %s 56 w Orl T&M 68 54 B New Ori T&M 6%s 64 N ¥ Cent 334397 |N Y Cent 334597 reg._ N Y Central 3% e ¢ ¥ Cent 45’42 Cent con 4898 . Cent rf 4348 2013 Crf4%4s2013n Cent rf 65 2013 19 93%% 9334 1024 i 1024 1273 NYC Mich C 33898 NYC&St L 4%818 NYC&St L6%s" T4 A NYChi&StL6s"38 | N Y Dock 6s ‘38 N Y Edison3y NYEdisret3 v f8 48 NYNH& H Cons Rys | 4s5558&3 N Y NH& H Cons Rys 48’56 N Y N H & H Cons Rys 4555 A &0 26 253 421 AT NY Putnam ¢s !1 93%% NY Queens con 3% s'6¢ 1003 NY Rys inc €8 ‘66 NY Rys 6565 A NY Steam 18t 6547 . NY S&W 18t rf 68 ‘37 NY Tel gen 4348 ‘39 NY W& B 43246 Niag Falls Pw 3% #'68 109 Niag Sh 6348 50 10315 Norf So st ref 58 ‘61 19, Nort S 1st rf55'6) cfs Norf & W It 4596 vs ¥ | North Am Ed 68 69 C %3¢ | North Am Ed 53 '63 1omi3 | Nor'n Pac gen 33 2047 10734 | Nor'n Pac 48 91 :fi Nor'n Pac 418 2047 104% | North Sts Pw 4158 *61 ;::7‘ North S P 18t 5841 A o) | North Sts Pwr 5s 64 3, 1‘3‘;’%‘ Ogden L C 48 10575 | Ohlo Edison ¢s e 64 ' | Ont Pwr Niag 6843 7¢ | Ont Trans 1st 5s *45__ 64 |Orez RR& N 4848 1001; | Orez Sh Line 58 '46 Otis Steel 65 *41 8935 1014 | Pac Coast 5s *48 321 | PacG & £ 3%s ‘61. Pac G & E 48 '64 Pac T&T rf3%s ‘66 B Pac T&T 1st 58 ‘37 Pan Am P C 6540 Pan Am P C 68 40 otfe Parm Broadway 3s'55 Paramount Pio 68 ‘85 Parmele | Penn Co Penn Dixie ¢ 68 Penn Glass & 8 '50 Penn P& L 4%8"81__ Penn RR3%8°10C _. Penn RR4%8'81 D . Penn RR 438 ‘34 Penn RR gD 4%8 '65 7 109 106 9834 1085 | 10474 10915 93 7% § 10534 10514 981§ 103% 10475 4 1087 s T4 105 10435 1047¢ 6175 1065 10714 107G 10434 105 10414 10475 { 10014 8919 { 101 i 32 33 17% 164 29 634 108%% 8214 10934 People G L&C rf Peoria & E ino 48 *90 Peort: E I8t 4840 Pere Mara 1st 4s ‘68 Pere Mara 4% Pere Marg 1st b8 Phila Co 68 '67 Phila Elec Co 48 *71 Phila Elec Co 438 '67 Phila & R C&) bs 73 Phila & R C&1 68 %49 Philippine Ry ¢s '37 Pillsbury FI M PCC&St L 6876 B PortAC& 3 Port Ar C&D Port Gen K ¢34 Porto Rico A T Postal Tel & C §s '63 Potomac El Pw 31,s'66 1053 Pressed Stl Car 5s'51_ Prov Term 1st 58 '56__ Pure Ofl 4% s '50 xw _ Pure Of) 4% s ‘60 ww Purity Bak 68 '48 R-K-O 6841 l;n:mx Jer C 4 "I eading R 44897 A 126 126 126 | Reading R 0:2- 07 B 92 91% 92 | Rem-Rand 4% 856 ww 102 lol!{ 101% | Republic Sti 4%8 81 54k 843 | Republic Sti 4% s 50 “K 34% | Republic Stl 6% 54 2 82 4 8 93 8815 943 10734 10434 wm 1005 8% 8% 164 1534 183 15% 4 4 129 129 129 128 128 128 95% 953 95% 1068 10534 1063 10434 104% 10434 10434 104 104 98 97 97 35% 8% 35% 1068 108% 1051 1043 10434 1043 107 106% 106% 119 1183 118% 108} 10736 10735 109 109 109 108 107% 107% 113% 118% 113% 118 117% 117% 10% 103 103 100% 10074 1004 1055 1053 105% mu mfi 11:’;: Rutland RR 4348 *61_. Seruenay Pw aye'es ,0,‘ :}: on|StLP&NW S | St L8 5504 x’oan’z u'rzu ong N StL-SF44e T8l st 305 % M| gt S Franss 50 B e o 16735 | Bt my 1135 135St 8234 7934 mf St 69 68 :' 102% 102 1023 | S 98%% 98 ufi Sch 84 83% 8a% 12 T1% 73| Sea WY T4l Tayg | Sea 2% 24 2| Seadd 101 1003 101 105 105 106 | Seadd S > pnunm >>>>>3RRngg FEEEE2>Ea,, AL e Seabd A-F1 65'35 A ot. © 98 924 92% | Shell Undeb3%s 51 97K 973 97X Stlesian Am Ts’41___. € - Low. Close. 10934 109% 99 9 100% 100% 11234 11234 100 100 671 61% 673 68§ 1023 102% 333 33% 33} 3334 10435 1043 8% 13% 10434 104% 3% 92%¢ 92 10384 69% 5% 843 126 1014 107 4% | hens. 1137¢ 12114 1013 7% 108 11044 1053 i 10014 5415 543 BALDWIN WARRANT PETITION WEIGHED Judge Refers Question to Special -Master Serving in Reorganization. BY the Associated Press. PHILADELPHIA, December 7.— Federal Judge Oliver B. Dickinson re- ferred to a special master today the question whether the Baldwin Loco- motive Works must honor common stock purchase warrants on its 5-year consolidated mortgage bonds. Cohen, Simonson & Co. of New York last week asked the court for an order directing the company to de- liver 600 shares of common stock. The company stated Baldwin refused the shares after 15.purchase warrants and $3,000 in cash had been tendered it. Counsel for Baldwin told Judge Dickinson today allowance of such an order might seriously disturb plans for reorganization of the Baldwin Locomotive Works under section 77-B of the bankruptcy act. Judge Dickinson referred the ques- tion to Howard Benton Leaf, who has been acting as master in the reorgan- ization proceedings. Waslfington Produce BUTTER —Range of prices to stores | gathered from wholesale dealers (prices to | ncarby shippers based on Philadelphi d New York prices): One-pound pri ton (4 seo! 36 pound prat: (90 score), H ound prints, (92 score) pound prints. tubs (¥ score), cario) carton carton | (90 score). 6. tubs | (90 score); 17: calves, smoked ‘ham, pork, bacon, slice. 3. compound. B LIVE STOCK —Pigs 9. medium hogs, 9'.a 6a8's: : heavy hos calves, 6810 lambs. Ta0 Prices paid shippers net f.ob_Washing- ton. By the United States Bureau of Agricultural Economics EGGS—Market weak: recelpts heavier and demand dull: prices ' 1o 1 cent lower. Curment receipts. 29a31: hennery Governiment_graded and gs (net pers L.ob. Washington) x 712: U 8. extras, mediums, J: standards. large, 6% LIVE POULTRY—Market steady on chickens and firm on turkeys: prices un- changed. ~ Fowl: " Colored heavy. 1dai8 Leghorns, 10a11 al0. Chickens: Rocks, broller nd (ryers, 1781; Crosses, 16al;. mixed colors. s, young. % pounds and up; 10 each: old Young Virgin! Dela 11a15 40 ench: nds. B guine; Turkeys *30: younk toms. 18 Fruits and Vegetables. Sales In large lois by original receivers to N am. today APPLES—One Washington arrived: two | unbroken cars on track. Bushels: Sup- plies moderate: demand m\?dulne market | y. Grimes ady. Virginia. U mes. A5a1 inch 170115 "3, inch minimum al.65 inch minimum. B sround | h | minimyn 1.40a150; 5al.35 | minimum. 1 al .. BOIQX 2 Yanc Clon extia fancy an . | o mans. 1 Goms 00 Grimes. fanicy exita xira ton. Staymans ; Delicious, 0. yiv ved. one broken and four Shhioken ‘eats on track. Supplies lignt: | Smane, mOREy hmn' T rapers. " pointed & ushel vC.rnhn.l & * New York: 50-pound sacks type. 589 CARROTSv—“NO carlot I\‘rl\ll! two bro- ken cars on track Bunrhcx light: de- mand ~ lght: ‘market dull. " California. | Western lettuce crates. 6-dgacn, 8¢ AULIFLOWER—One _ California two broken and wg unbroken cars Sder 4 I . California. CELERY—Two California. one New York arrived: two broken and six unbroken cars on 'rack Supplies moderate: de nd ow . markel I California s ecr dividually _washed and pre-coole New York. poorer lower et LETTUCE - Two Californla_arrived: six broken and five unbroken cars on track. Sippites iberal: demand siow. market weak. California Western crates Iceberg trpe fve dosen, 00. few higher NS—One Colorado, four New York one broken and five unbroken cars on track. Supplies moderate: demand moderate: n’kl\!k:l JSleads. Fifty pound s U 0. 1-—Michigai | sk cias. three inches and | e Utal eer Tioal 15 B AS—No_carlot_arrivals: one_broken ang_ahe unbroken cars on track. Supplies | moderate: demand light: market steady. California “bushel nhampers Telephones. . small size, .00 | cm—————— High. Low. Close. 1024 10285 10234 10634 10634 108 10734 107 10674 1021 102 9915 98 1073 107% 1083 108% 9534 953 9474 vaky 9434 993, 7934 11134 994 103 Sou Ry St L div 4s'§1 S W Bell Tel 834864 Southw'n G & E 45 '60 Spokane (nt 68 ‘65 Stand O1I N J 38 Studebaker cv Swift & Co 3% Symgn G&G'56s ww. Symgn G&G'368 xW. Lenn Cent 68 ‘47 _ Tenn El Pw & Term As St L 45°63 _ Skelly O1l ¢s '81 Socuny Vac3ks South Bell T&T So Colo Pwr 68 47 A Sou Pacific 3%8 ‘46 So Pac col 48 49 So Pac ref So Pac S F Ter 43’50 So Pac 4148 68 10734 10674 1024 98 1073 9514 valg 10634 106% 10734 10734 n n 38 88y 122 122 106 106 106% 108% 102 102 116 1163 109%4 109% 108 1081 Uy 18734 13934 107107 1043 1043 104% 104% 6 68) s 5y 98 % ay 4 4 109% 109} 108 108 993 9934 383 383 10334 10834 Third Avadin Tri-Contl Corp 5s 53 UnElL&P 5*7: L T Un Pac 1st Un Pac United Drug United Rys St L Ol‘I‘ VaS Wcon 68’68 ... Wabash 4%48°78 oo Wabasb lll.,i.l i 3 I { Warren Br ov Westchester L 68 °60. West'n Md 18t 48 '53.. West'n Un 4% Westn Onel tr 63°38 West'n Un 6’81 West'n Un 68 '60 Wheel Bteel 4% 3 White Sew M 68’40 W Sp Sticon 7s 3bet Wilson & Co ¢s ‘66 Wis Cent 1st g0 Wis C8&D Trm Y'ngstn S&T 338 51, Y'ngsto S&T ds'61.__ n | CABBAGE—Two New York one Penn- | pf %, "crates. in the roush. | 10634 | 8¢ 108% | 8 GOODRICH BARES RESULTS OF 155U Chairman Sees Abandon- ment of Traditional and Unnecessary Secrecy. Bpeeial Dispatch to The Star. NEW YORK, December 'l.—’l'he 23,000 stockholders of the B. rich Co. today were being Advned in originally typed letters bearing the signature of David M. Goodrich, chairman of the board, of details of the sale by the company of the re- cently marketed issue of $27,000,000 face amount 4% per cent first mort- gage bonds. Executives of investment banks, bond “houses and others in financial circles safd that so far as they know, the letter—frankly revealing the net proceeds to the company from the issue and the uses to which the money will be put—is the first of its kind ever to go to the stockholders of a major corporation. The letter revealed that the $27,- 000,000 bond issue was sold to the banking group headed by Goldman Sachs & Co. at 98% net, realizing for the company $26,527,500. It said that “the purpose of this financing was to take advantage of prevailing low interest rates in refunding the outstanding 62 per cent first mort- gage bonds at a saving and to pro- | vide additional funds to meet the needs of an increased volume of business in the face of rising manu- | facturing costs. The $16,421,500 face | amount of 6'; pey cent first mortgage | of the $25,000.000 25-year issue of 1922) have just been called for re- demption as of February 1, 1937. These bonds were callable on 60 days’ notice at 107, plus interest. After paying the cost of this redemption, the company will have $8,682,455 of additional funds.” Chairman Goodrich, who said the letter was intended as a step toward | “speeding the abandonment by man- agement of the traditional and un- . | necessary secrecy which has so many | times shrouded word of the actual proceeds from the sale of bond is- sues wrote each stockholder that “in the earnest desire that each stock- holder of this company be at all times as fully informed as possible regard- ing its affairs, the board of directors | has instructed me to write you of | | another important step taken to m- prove its capital structure and to place it in a better position to handie | & larger volume of business.” | INVESTING COMPANIES NEW YORK. December 7 (. | Becurity Dealers Assocition. e Yok Bid Asked :dma'\ Fd "dslhllt 2050 m Business Shre Am Gen Eq Tnc 1 Am Ins Stocks __ | Bank Group Diversified Tr Dividend Shrs Eauity Corp $3 pf. Fidelity Fund Inc A nd Investors Ine Pund Tr Shi Sec Agriculture _ Sec ‘Automobile Sec Building | Sec Chemical Sec Fow' Sec Invest Shrs ~_ Sec Merchandise Sec Mining Sec Petroleum Sec R_R Eq o | Incorp Investors | Insurance Group Shrs Inv Tr N Y Coll "A" __ Investors Fd “C” Inc new | Investors Pund_of Am Keyston _Cust Fund B-3 | Major snrs Corp Maryland Fund Mass Invest Tr Mutual Inves: Nation Wide Sec | Natjon Wide Voting - IN"Y Bk , Wellington Fund 2247 bonds (all that remained outstanding |§ FINANCIAL Spiegel Directors Order $2 Special On Common Stock By the Associated Press. NEW YORK, December 7.—Direc- tors of Spiegel. May, Stern Co., Inc., Chicago mail-order house, declared a special dividend of $2 a share on the common stock, payable December 18 to holders of record December 12. They also announced that in 1937 the stock would be on a $5 annual basis; that is, equal to $1 a share after giving effect to the 5-for-1 split- up approved by the stockholders at a special meeting Saturday. At that meeting the stockholders also voted to change the name of the company to Spiegel, Inc. Washington Exchange SALES. Washington Loan & Trust Co—5 at 250. Real Estate Mtge. & Guar. pfd.—100 at 6%, AFTER CALL. Anacostia & Potomac R. R. 55—8$1,000 at 76, $1,000 at 76, $1,000 at 76, $6,000 at 75. Potomac Electric 5% % pfd.—1 at 112. Washington Rwy. & Elec. pfd.—10 at 111. Mergenthaler Linotype—10 at 55. Capital Traction 55—$2,000 at 93. Bid and Asked Prices. BONDS. PUBLIC UTILITY. \Ammun Tel_ & Tel. 4%3s . & Tel tnl tr. Bs. Asked. Elec. Pow Wash. Gas 58 Wash. Gas 55 1960_ Wash. Rwy. & Elec STOCKS. MISCELLANEOUS, Chevy Csae Club 5'ss | Col. Country Club 5128 W. M. Cold Storage 55 - ey = 10875 Amer. Tel. & Tel. (9)__ Cavltal Transit Co. | Wash. Ry. ullec com, (36) - | Wash. Ry. & Ei. pfd. (5. 1lvie 111% BANKS AND TRUST COMPANIES Amer. Sec_& Tr. Co. (ex 30 | BENE of “Béinesas nT5) Capital (4) Lincoln (62 | Nat. Tr. [Bfice s BK. & 7 Rigss (%) Riees Columbia (.30) __ Real Estate (61 MISCELLANEOUS Carpel Torp. (1.60)__ _ Lanston Monotype 4) Mergenthaler Lino (f1 Peoples Drug com (11.00) Peoples Drug nfd Real Est. M & G. pfd « Security Storage (3 : Totn “Sta. *Ex dividend *Plus extras 130 paid May 15, 1936. 50c 15, paid Nov. 18 extra c paid June 30. 1936. RUBBEE FUTURES. ORK. December 7 (9 —Crude 28b. Mav, 18.28. MONTREAL SILVER. MONTREAL. December 7 4P —Shlver futures opened _easie: 2 lower. De 305 March, 48 65: 'May b—Bid. e Arrow-Hart & Hegeman Electric Co. —Declared an extra dividend of 75 cents a share and quarterly dividend of 75 cents a share on common stock, | payable December 18; previously 50 _|cents a shnre was paid. Fort Lincoln Bonds (Capitol Cemetery) Sale by owner at substantial reduction. Address Box 451-X. Star Office. Money for Construction Loans and Loans on Improved Properties 5Y2% FIRST DEED OF TRUST ONLY GEORGE I. BORGER 643 Indiana Ave. N.W. Nat’l 0350 FOREIGN EXCHANGES. NEW YORK. December 7 (P —Foreign exchange steady: Great Britain in di thers in cents: Great Britain. dema cables. 4.89%: 60-day bils. 4.8 ey dem.na 5.261; cabl ma s—Belgium. 4 reniaiered. 2 Hnllln& 54.40; 26; 'Denmark. Switzerland, Portusal, Nor e IInQ\IOl!d Poland. ?ulomvu 9.80; R.7 Rumania Argentina 8.80Vem 'ral:m 845 é Hongkong. 3 Monereal 1n” New York. "100.0; York in Montreal, §9.96%. n—Nominal. FIRST TRUST LOANS Long-term REFINANCING . . Lowest Rates . . . 3-Year Con- struction Loans . . . 5% 8%% BOSS & PHELPS MOITGAGE co. John Huncock Mutuat Life Ins. Go. 1417 K 8t. NW. NA. 9300 First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS "NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arran, Easy Monthly on eats First Mortace Loans District ot Columbia— Nearby Maryland — and /:rglmu— Business 5 Properties Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagier & Co. Incorporated MORTGAGE LOAN CORRESPONDENT New York Life Insurance Co.. 1321 Conn. Ave. N.W. DE. 3600 HOME LOANS to build or refinance s7 50 Homes Apartments PAYMENTS Terlow as per $1,000 COLUMBIA BUILDING ASSOCIATION o paid Aus | NATIONAL STEEL ORDERS DIVIDEND |Rate on Common Boosted to $2.50 Per Share From $1.50 Mark. BY the Assoctated Press. NEW YORK, December 7.—A com= mon dividend of $1.62'; was ane nounced today by National Steel Corp., as well as an increase in the annual dividend rate to $2.50. The current rate is $1.50 a year. Of the dividend declared today 621 cents represents a payment which would have been declared to estab- lish a new $2.50 basis at the meeting which ordinarily would have been held in January. The company’s announcement said inclusion of the 62!;-cent payment now obviates the necessity for the January meeting and reduces the . amount of the Federal undistributed earnings tax payable on 1936 earn- ings. Henceforth dividends will be declared in the final month of the quarter for which they are payable. The payment will be made Decem- ber 21 to stockholders of record De- cember 12. DIVIDENDS ANNOUNCED NEW YORK. December 7.—Dividends declared | Sangamo Blec___ Spec| smuel May Stern Year-End. | W B Barver co 50¢ Carman & Co A $1.50 _ Internatl Minine 43¢ | Mareh” Caleul Mach $1.5 Resumed. | Rastern 8S Lines Hoe Stack Invest Co Amer_ *1 Regul Invest Co of Amer_ Joliet & Chi RR____ % Kans Pow $6 pf Kans Pow $7 pf Lambert Co Z00000. ®00000 Investments 1/ 0/ First Mortgage 5/2 /O Real Estate Notes Secured by new dwellings in N.W. section of Washington. Bradley, Beall & Howard, Inc. o Eilablished Nearly in vears Soathern Bids. Conservatively placed first mort- gage notes in denominations of $250 up. The type of investment that means a definite return on your funds. Chas. D. Sager 924 14th St. NNW. NAtional 0036 Netice o Sgaveneens” n, First '=Mlllu Five and Halt r that pur- Indenture evy Chase P dated July “Trust Company, tw Ehb° dna The ' Fidelity SnderCsala Tndentare. viz aggregate principal amount of $341.000.00. Janyary 11937 ‘at the redemption price of of the principal thereof. | Poveinér with the ccrued inierest thereon to said redemption date Accordingly upon surrender to the sald Resistrar and Trust Company at its principal office_15th street and Pennsylvania avenue n.w . Washington | -"of ‘the aforesald bonds cailed fof redemption as aforesaid together with all unmatured conpons appertainine the: the principal amount the premium of 2 denture. will be on J 7 ana-the ‘nterest payable on- Janusry i 1937 on said bonds will be oaid to the holders of the coupons appertaining to said bonds maturing on such date Said bonds will become due and payable on January 1 1937 at the place and at the redemption price above provided and from 11937 will cease to ounons maturing ment and transter, Dated November 23 1926 CHASE ¢ CHEVY L _Bv H. PRESCOTT GATL! CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia 5152% Prompt Action B.F.SAUL CO. 925 15th Street Natl. 2100 MONEY TO LOAN ON REAL ESTATE at 59 Monthly Payments if Preferred Our Real Estate Officers Invite You to Confer The WASHINGTON LOAN AND TRUST COMPANY Member ’ PEDERAL RESERVE SYSTEM 716 11th St. N.W. PEDERAL DEPOSIT [NSURANCE CORP'N