Evening Star Newspaper, December 24, 1936, Page 13

F *RAILROAD BONDS SCORE ADVANCES . Industriz| Convertible Issues Also Take Lead in Ris- ing Market. IN Bond Averages 10 10 10 tndust. Ot Pen Net change. Unc. Unc. +.1 Today noon. 97.1103.91019 719 Prev. day_.. 97.1103.91020 718 Month ago. 96.8 104.1102.5 71.2 8571018 994 69.3 97.9104.4 1031 72.0 -- 8691018 993 676 1935 high, 8781022 998 704 1935 low.. 764 922 845 655 1932 low..._ 458 400 646 422 1928 high___101.1 98.9102.9100.5 10 Low-Yield Bonds. Noon _._.113.2 Prev. day-113.1 Month ago 113.3 Year ago- 110.0 1936 high_ 113.5 1936 low__ 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 104.4 1932 low.. 868 1936 low... (Comptied by the Associated Press.) ©5 the Associated Press. NEW YORK, December 24 —Rail liens and industrial convertibles con- tinued to share leadership of a rising bond market today. Gains of 1 to 3 were scored by American Typefounders 5s, Pure Oil 4',s, Chesapeake Corp. 5s, Alleghany « Corp. 5s, New Haven 6s. St. Paul 5s, Illinois Central 4%s, Frisco 4'2s and Southern Railway 4s. A ruling by the Interstate Com- merce Commission permitting in- creases in transcontinental freight rates acted as a spur to trading inter- est in the carrier group. i United States Governments showed | highly uneven movements, with gains running to 5-32ds and losses of like | range. All World Marts To Remain Closed » On Christmas Day B) the Associated Press. NEW YORK, December 24— ‘Throughout the world financial and commodity markets wilt observe Christmas tomorrow by closing and, with few exceptions, will carry the holiday over through Saturday. Some American grain markets. however, including the Chicago Board of Trade, will open Saturday for whatever business there is. The grain “.exchanges at Winnipeg and Liverpool will not reopen until Monday. BETHLEH EM STEEL ACQUIRES TAUBMAN Purchase of 0il Well Supply and Change in Name Is . Announced. By the Associated Press. NEW YORK. December 24.—-Pur-; chase of the Taubman Supply Co. | en oil well supply concern, by Beth- | Jehem Steel Corp. was announced at offices of the Bethlehem company to- | day. The company, organized 20 years | @#go by Herman Taubman, has offices | in all the important oil centers of the midcontinent field. It will henceforth be known as the Bethlehem Supply Co. | Taubman will remain as active | head of the organization, the an- nouncement said, and no changes in personnel are contemplated. The pur- chase price was not disclosed. PIG IRON EXPECTED T0 CLIMB AGAIN. s Further Advance of 50 Cents a Ton Predicetd in Pittsburgh Area January 1. B the Associated Press. PITTSBURGH., December 24— | Brokers said today pig iron prices would advance 50 cents a ton Janu- ary 1 in the Pittsburgh district. The last increase was $1 a ton, ef- fective November 23. The new prices will be $21.50 for Bessemer, $20.50 for basic and $21 for foundry malleable. The brokers said the heavy demand for iron, an advance in coke prices and an anticipated advance in iron ore » Prices caused the boost. INSURANCE STOCKS NEW YORK. December 24 (#).—New York aeeumy Dealers’ Aswcuuom Aetna Cas (2a) A utomobile alt Amer ( arolina (1.2 City of N ¥ "(1.200 nn Gen Lif (.80) __ ontinent. Cas (1) d & Dep Temens Nwk rank_Fire (1a) E Ru reat Amer (1a) 1.60) armonia ) .nlord Pire ome Fire Sec ome Ins (1a) omestead (1) vrtn.fle'd u' mlen 16) re (1.80) "~ wmc ester (1a) &—Also extra or extras.” LONDON BANK REPORT. LONDON, December 24 (#.—The Bank of !nll-nd statement for the week ended 23 (i thousands of Pounds): S Sn B4z ANCIAL. Domestic Bonds.. TREASU | 2158 1949-53 2%8 194861 e %! 28 1961-66..———— 3481941 e 338 1944-46 338 1940-43 June 838 1941-43 Mar %8 1943-47 _ 48 1944-64 $%a-3%01943548 4%s1947-63 4%s1947-52 Teg 121 2% . 1939-49 381953 - Abitibl Pa&kPw 68 ‘53 Agr Mtg Bk Col ‘47 Febr coupon on. Australia 68 66 Belgium 6348 49 .o Belgium 78 ‘56 Berlin Elec 68 ‘65 Berlin El Ry 6%s Brazil 6348 26-'67. coupon on. . | Bu.no: AC63%8'65 4%he-3% Buenos A 6 | Bulgaria 7s ‘67 July coupon oft___. Buligaria T%s ‘68 May coupon off ... | Canada 3%# 61 cceen Canada 48°60 .. Canada 68 63 e | Chile 68 60 Chile 6361 Jan . Chile 6861 Febr_____ Chile 63 '61 SeDt_omee. Chile Mtg Bk 6% Chilean Mun L 7 Colombia 63 "61 Oct Jopenhagen 438 ‘53_. Copenhagen 6s '52 Cordoba 7s 42 Prv. Cuba 58 '14-"49 _ Cuba 638 45 Czechoslovakia 8s ‘51 Denmark ¢%s 62 Denmark 5%s ‘55 Dominic 15t 5%s ‘43 Deminic 24 6%s "¢0__ Estonia 7s '67 Frankfort 6%s ‘63 Ger C Bk A 6338 2 Ger C Ag Bk 68°60 Oct Ger C Bk A 78 '50 Ger Gen Elec 6138 °40 Ger Gen Elec 7s 45 | Ger Gov b4 65 st | Ger Gov 5%s 65 un st Glr Hep 7849 stpd __ Ger Rep 78 ‘49 un s Greek Gov 68 68 - Hamburg St 6s 46 ___ Harp Min 68’49 ww__ Hung Con M 78’46 Hung Con M 7%8 ‘46 unmat coupon on italy 7851 ItalCrd P W 7847 B 1tal PUCrd 7s’63 . Japan 6%s 65 Jupan 638’64 Karstadt 8s '43 ct stp Karst 68 *43 ct st prin Kreug&Tol! 68 ‘69 efs Leipsig 7s *47 Lombard Elec 78 '63_. Medelin 638 54 Met Wat 6%s 50 Mex 45 *10-745 asi Mex 48 *10-’45 asst sm Mex 48 '5. Mex 5s "4 Mex sf 68 Milan 638 ‘62 Minas Geras 638 69 Sept coupon on. . Montecatint 78 '37 __. New So Wales 68 58 Nord Ry 6348 '50 Norway 4% s "85 ___. Norway 4%s ‘56__. Norway 68’63 ... Norway 6s ‘44 Nuremberg 6s °52 Orientai Dev 6 tal Dev 63 Oslo 43866 Panama 65 *63 stp a: Panama 6% ‘53 Paris Orl Ry 618 '8 Pernambuco 78 *4¥ Sept couponoff ... | Peru 6s 60 Peru 68 °61._. Peru 78’69 _ Poland 7s 47 Poland 8s 50 | Perto Alegre 7%s *¢ July coupon oft Prussia 6s ‘52 - Rhine W EI P 63 52_. Rhine W Kl P 6 Rhine W E1 P 68 '56_ R10 de Jan 6348 '63 Aug coupon oft ___ Riode Jan 83 46 Apritcouponoft __. Rio Gr do Sul & June couponoft . Rio Gr do S 7s “66 May coupon off Rio Gr do Sul 78 67 June coupon off ._. Rlo Gr do Sul 83 46 April coupon off _ Rome 6%s ‘52 Sao Paulo C 88’53 ‘coupon off Sao Paulo St 6s '8 July coupon oft Sao Paulo 8t 78 820 Paulo St Sept coupon off _. Sao Paulo St 8s'3¢ July eoupon oft Sao Paulo St 8s 50 July eoupon off Serbs 7s *62 unm Serbs 8s '62 un: Sydney 638 56 Tatwan Elec 6%s 71 increase. Bullion. 314. 40, “Pubiic demmu Private deposits FREIGHT LOADINGS. & YORK, .—Revenut 8:3, nded "December 1 - K Prev. mber 24 nu n raiiroads rengrtlnl‘ oo Last Norfolk & Western D’fi 17 year. 2 21979 NEW YORK BAR SILVER. NEW YORK, December 24 (#)— Bar silver firmer, % higher at 45. This market will be closed Priday and Trondhjem 638 °57. Tokio 638 *61 Tokic B L Ltad 6 Un St1 Wk 634 Warsmaw s 58 Westphal E] Pw 6s 53 Wuerttemberg 7s 56 Yokohama 6s *62 121.6 102 104.21 104.18 104.21 FOREIGN BONDS. RY. 106,30 105.30 108,18 108.18 107.22 107.22 108.21 108.21 110.10 110.10 115,17 116.17 109.18 109.18 121.6 1216 5 1215 1215 HOME OWNERS' LOAN. 22 102.20 102.22 Low. Close. 80 80 26 9814 High. 1104 1103 110% 1081 108}4 10834 Ci 116% 116% 23 17 14 137 188, 1434 135 30 30 9834 9844 974 .- 101 61%% 1063, 1083, 1063 993 99ty 994 10085 10084 3% 3 1Y 4 8 98 21 21 30 26 34 4 41 203 204 27 24% 2 \G_STAR, WASHINGTON, D. C, THURSDAY, DECEMBER 24, 1936. 108% ot 11134 18% 10% 114% 97% 1043 813 5434 23 8634 108% 6% 10834 10834 1113 11154 116% 11634 11084 2108 114% :lfl( g 9 10434 104% w0 613 b4l B4l4 83 83 86 863 10834 10834 76 T6)4 amee- 11534 11534 11634 903 89! Bell Tof Pa Beth Steel 3%s 66 Beth 8t1 4% Bos & Bot Con M 6148 34 Bot Con M 6%s 34 Bklyn Ed con 3 Bkiyn Man T 4%s 66 Bklyn Queens C & 8 con 6s '41 stpd Bklvn Un El 68 °5 Bklyn Un Gas 6845 _ Bklyn Un Gas 68’67 B Brown Shoe 3% ‘50 Buff R&P con 4% ‘57 BCR&Nclbs"34 Bush Term cop 63 Bush Term Bldg 63 60 Camag 78 42 otfs Can'dlan N R 4% Can’dian NR4lps' Can’dian N R 4% s ‘5b Can'dian N R 6 Can’dian P db ¢s perp Cent of Ga bs Cent of Ga rf 6348’59 CentGa M & N 5346 Cent Ga MG&A 5s '47_ Cent N Engiand 48’61 Centof NJ ¢s'87_ Cent of N J gen 7 Cent Par 18t rf 48 °49 Cent Pac bs ‘60 Cort’d deb 638 48 Champ P& F 4% s '50 Chesap Cov b8 44 Chesap Corp b Ches 80 3%s Ches&03%s 96 E_. C&Ogend%s'92 __. Ca& Ocon bs 29 hi & Alt ret 3849 Chi B& Q gen ¢s°'58 Chi B&Q 1div3 4! Chi B&Q ) div 48’49 Ch) & E 111 63 °61 Chi & E [1] 68 '51 ctfs Chi Grt West 48 59 Chi Ind & Lou Chi Ind & L ref Chi Ind & L gen 6s ' CM&StPgn3%s'89 B CM&StP ¢ '89 CM&StF gn 4% '89 C CM&StP 4%8°'89 B CM&StP 4%s 89 CM&StP 68 *76 CM&StP&P ad) Cht & NW gen Chi & NW gen 45 '87 st Ch! R I&P gen ¢ Chi R [&P 4% Chi R I&P ¢ %8 Chi Un Sta3qs Chi Up Sta ¢s ‘63 Chi & W 1 con 48’62 Chi& W Ind 4%s ‘62 Cin Gas El 45 '68 A Cin Un Ter 3%s D gtd 58 | Cin Union Term 68 *57 22 27 2134 21 8¢ % 6635 9% 203 793 80} 1093 10835 10834 10634 1083 10634 118 11834 1123 1m1Y% 1Y I‘l':)f CCC&St L gen 4893 CCC&St L rt 4340’11 E CCC&St L ref bs 63 D Clev Un Tel 438 *77 Clev Un Term Colo Fuel & Ir Colo & So 4 % s '80 ColumbiaG& Ebs - 52 M Consol Ofl 3% s Consum P un 33s *65 Cons Pwr 3348 Container deb 5 Cuba RR 63 '36 Cuba RR ref 734s 36 Cuba Northn 6%s'42 Dayton P&L 3%s '60 Dei & Hud ref 4s 43 DenG & E bs ‘51 st _. Den & R G con 4s 36 Den & R G W 6= ‘56 Den & RGW 655'56 asst Den & R G ref 68 18 Detroit Edis 4s '65 F Det Edison ¢33 '61 D DulSS& Atés 37 E Cuba 8 1348 ‘37 otts Erfecves 53 A______ Erfecvés53B______ Erie cons ¢s 96 Erie gen ¢s°96___—w__ Brie ref 63 ¢ frte ref 65 76 Fed Lt & Trac 5 42 Fla EC Ry b8 Fla BC Ry 68 74 ctfs .Galv H& H 6148 38 Gen Mot Aco 3s 46 Gen Mot Acc 3% s '51 tien St C 6148 69 Ga Caro & Nor 6s ‘34 Goodrich 41,856 __ Goodrich 68 ‘46 Goodvear T&R g '57 Joth Sk H 6846 ww Great N Ry 43 46 G Great N Ry 48 '¢6 H Grt N Rgen 414876 [ Grt N R ge 2 Gulf M &N 68 '8 Fulf States Ut1l Har Ry P C 1at 48 54 Hock Val 438’99 Hoe (R) hcous-'u H'satonie con 6s Hudson Coal 68’63 Hudson Go G 1st bs *4¢ Hud & Man inc 68 ’57 HuA & Man ref 68 57 111 Cent 18t 314851 111 Cent ref 43 ‘56 i Cent ¢%s 66 ___. 11 Cent ref 6 56 Ill Cent St L 3% 51 LCC&StL N O ¢ % 9’63 ICC&StL N O 58 '63 111 Steel deb 4348 *40 Inland 8t1 8% s ‘61 IntR T 1st rf 38 ‘66 IRT1strtbs Int RT6s'33 Int T&T 434852 .._. Int T&T bs 56 Iows Cent 1st&rfis’s1 JoneskL Stl 4% #'61A Ean C F S&M ¢» '3 KanC8So1st3s 'S0 .. Kan CSorfin 6s'80. Kan C Term 1st 45 '60 Kan G & E ¢%s 80 Ky & Ind T 4%8 6 KKresge Found ¢s 46 8934 894 10014 108% 1063 9% 1145 1204 9934 " 108% 80 85% 106% 104 80 114% 121% 109 16 1155 115% 184 12034 9944 loayg 109 1195 10844 2034 20 221 1834 65 6 861 s 1024 9034 107 130 1483 10214 1021 127% 109 N 115% 109 13 36 33y 10415 1083y 10834 10415 963§ 103 105 110% %0 k) 104% 1043 108 6334 10674 10675 10834 1073 108 102 101% 106 73 3 61 107% 903y 10684 32 173 17% 29 11y 116 6874 5% 91 9074 1063 9024 853, 8534 10234 172% 7% 963 10434 104 9634 4136 10134 1053 1043 105% 118% 1085 1074 106% 173 1043 96 12534 9315 81 5034 124 82 9 10634 9 79 10834 oy 833, 881, 107% 107 1083 6034 uy 983§ 10934 1083 t 108 1105 1105 110% Sou Pacifio 3% 89% (90 8914 89 89 894 1001 10034 108§ 10834 105634 106} 99% 99%45 11434 1144 12034 1203 9 994 10634 1053 ki) 9 84l 85 83% 1054 106 103% 104 80 80 1143 114% 1213 121% 109 109 106 106 3534 38 116 116 116% 116% 1153 11534 11815 1183 1204 1203 99 99 10234 102% 10534 105% 10934 1093 119% 1193 10584 10644 18% 1273 109 57 114% 109 13 3514 43 i 175 163, 38% 18% 9 1101 123 10734 105 10414 10834 10815 10435 9645 108 105 1104 90 748 104 1043 108 63 10684 10635 108% 1074, 1073 102 1013 106 73 3 593 107% 90 106% 3134 17 163 28% 11y 1153 681 43 9074 9034 106 9025 853 8/8Y 1024 173 17 96% 104 103% 95%; 4134 101 1064 10434 1081 173 10814 10734 1063 u7 10434 96 1253 8344 80 50 124 3134 % 10634 98 83 10834 978 833 873 107% m;{ 1073 1074 Uy 923 e San A& A Pass ¢s 43 10436 1043 [ % M 97 10936 10934 10334 10336 108 108 . Laclede G 6%8'83C_. 65 654 68} Laclede G5%s'80 D . 644 l‘k.lh'lnll'll 102 v Leb Valley Har 68 °5¢. LV NY 1stds'dbgtd. 92 92 92 LVNY4%eeogta.. 1084 1027 102% 873 67% 673 8% 1835 T8Y4 82 81y 82 109 109 109 10055 10036 10055 1063 10654 108 9K IMg V14 973 4% 0% 995 9934 w5 104 104 104 104 104 104 84 84 84 8¢ 80 ¥ La & Ark 68 '69 - L& Nasb 3%92003 _. L & N 8o Mon it 48’53 McKess&Rob l\n ‘50 MeC RRclt én "¢ A Manau Sug 738 43 Man 8 18t T3 #'43 ctfs Marion St Shov Market St Ry 7 Met W S I Cr 4s'38 Mich Cent 3% *5. MoK & T ad) 68 °67_. Mo Pac 4876 3G Mo Pac 53 *18 G ctfi Mo Pacitic 68 80 H MoPacbs'811 ___ Mo Paclfic 6%8 49 A.. Mob & Ohto 438 °17._ Mob & Ohio 6s 38 Monong Pub S 44 o Monong Pub Sve Mont Pwr ref 68 *43 Mor &Essex 338 2000 Morris & Essex 41456 Mor & Essex bs 55 Nat Steel 4866 New Eng RR ¢8°45 New Eng RR 5 *45 New £ T&T 18t 6863 New Jer P&L ¢%s 60 New Orl P S 68°62 A New Orl P 8 68 ‘656 B New Or T&M 68 56 C New Orl T&M 6% 54 N Y Cent 335 "97 N Y Central 3% s 6. Cent con ¢s ‘98 Cent rf 448 2013 Y Y ; rf44820138 N N N N N . NYC&St L 1st 43 37 NYC&St L 4%9°78 Edison 3% mn. 2% 3 » Lt < E] H&P bs 'll W 18t 42'78 room NYNHE&H Cons Rys 48’54 N YN H& H Cons Rys 48’551 & .NYNH&HCon-Rn 3% 59!, 10515 105% 106%; 1063, 941, 933 10934 1093 93y 15% NY S&W 1st rt NY Tel gen 4% NY Trap Rock NY Tr Rk 68 NYW&Biys Niag Falls Pw 3%4s'66 Niag Sh 638 '60 Norf So 1st 58 '41 Norf So 1st ref 58 61 Norf S 1st r5s’ Norf & W 1st North Am Co North Am E4 § North Am Ed 648’63 Nor'n Pac gen 3s 2047 Nor’'n Pac 48 '97 5 Nor'n Pac 4% 2047__ Nor'n Pac 58 2047C__ Nor'n Pac s 2047 D Nor'n Pac 68 2047 North Sts Pw ¢34s 61 North SP1st6s'41 A Ogden L C ¢8 43 Ohto Bdison ¢s '65 Ohio Pub Svo 7s *47 Oreg W RR & Otis Steel 63 '41 PacG & E ¢s '8¢ Pac T&T rt3%s 66 B Pan Am P C 6s '40 Pan Am P C 68 °40 ctfs Parm Broadway 3s'55 Paramount Pic 6s 55 Penn Co 4s'63 - PennO& D ¢%8'77__ Penn P& L 4%8°81 Penn RR 3%8 70 C Penn RR cn 4s'48 stp Penn RR 4%s 81 D Penn RR ¢%s "84 Penn RR gn flfil 'IS Penn RR del Penn RR gen 58 People G L&C rt Peoria & E 19 Peoria & E Inc ¢s '90 Peoria Pekin U 5148'74 Marq 4%s 'S0 Pere Marq 1st 68 56 Phila Co 6s '67 Phila Elec Co ¢s *71 Phila Elec Co ¢ %s "67 Phila & R C&1 6873 Phila & R C&] 6: D Pillsbury F1 M 68 Philippine Ry 4s 'fl PCC&St L 68°70 A Pitts&W Va 414360 C Port Gen El 4%s *60 Port G E 1st 55 '35 ext Posta) Tel & C bs '63 Prov Term 1st 55’56 Pure Oil 4% 5’50 xw 10534 10539 105 | 103% 108% 108% | 324 812 821 | 10634 10614 1063 | 1113 11135 111% 106%; 106% 101 101 1101 110 105 101 116% 116% 9815 981 18% 4% 11234 1123 103 108 106 106 106 106% 1033 108 105% 106% 47 46 24% 28% 107 107 19% 18% 128 123 98 981 T8 70% 106 106 41} 404 8634 863 10534 1051 10534 120%4 11735 120 9% 99% 99% 116 115 115 108% 108 108 110% 110 110% 9 98% 9 98 98l 983 1308 129% 130 10834 10835 10835 105 Rem-Rand 43 »" Repub Steel flfil‘SL_. Kepublic St} ¢ 148 6 Republic 8tl 4348 10 Republic 8t] 6348 *64 R 1 A&L 1st 4% RG W istexin StL-SFran4s 'S0 A 35 | St L-S F' 48760 A otfa. 1083 1083 103% 102 102 103 Schulco 6%8 ay ax ax stp. » 0 Seabd A L ref ¢ 59 1734 Seabd A L rf 4s°89 d" 1683 A 1134 18% 234 ; 98% SBQIIUIIG“I"-'II 1008 l.llilm 6834 €84 6834 Stlesian Am 78 °41 South Bell TAT §s°41 10834 108 So Colo Pwr 68 °47 A.. 10614 10634 108}4 - 1013 1015 101% | 0ld zuineas “20a2: ! No. 2's. | domestic_round type. 70 LIF] ER— | condition | plies moderate | light " _|TEXTILE PROFITS CONTINUE CLIM Gain Broadens in Month as|recent developments in the chemical Stockholders of Two Firms| Increased Demand Lifts Prices. Bgecial Dispateh to The Btar. NEW YORK, December 24.—Profit possibilities in the textile industry con- tinued to broaden during November as prices strengthened with increased de- mand, according to Textile World's in- dex of mill activity. Production during the first 10 months of 1936 rarf 16 per cent ahead of the corresponding period of 1935. It was also 16 per cent above the cor- responding period of a “normal” year (1924-31 average). For the month of November all of Textile World's price index numbers either held their own or advanced. For example, gray cotton goods, wool, |, wool tops and wool cloth, averaged higher in November than for any month back to 1930. Based on 1923-25 average as 100, price index numbers for November with change from October are as fol- lows: Cotton—Raw cotton 45 (un- changed) ; yarns 65 (up 1); gray goods, T4 (up 7): colored goods, 72 (up 1). Wool—Raw wool, 78 (up 7); tops, 82 (up 7); yarns, 76 (up 2); cloth, 100 (up 8); raw silk, 26 (up 3); rayon, 26 (unchanged). Building Activity Climbs Sharply In Process Industries B7 the Associated Press. NEW YORK, December 24—A heavier demand for capital goods and industry have helped boost constru tion activities in the processing Mul- Contracts awarded on construction projects in the process industries this month rose to $8,696,000 from $3,513,- 000 in Novémber and $1,906,000 in De- cember, 1935, Chemical and Metallur- gical Engineering reported. For the year to date contracts awarded jumped to $73,832,000 from $35,860,000 in the same period of 1935. ‘The “processing industries” cover & wide range of industries including dyes, rayon, cellophane, alcohol, cement, plastics, paper pulps, synthetic rubber and numerous refining setivities. Washington Exchange SALES. ‘Woodward & Lothrop com.—1 at 80. AFTER CALL. Capital Traction 5s—8$500 at 92%. Potomac Electric 6% pfd.—5 at 111%,. Capital Transit Co.—5 at 1315, Notice—This Exchange will be closed tomorrow, Christmas day, and Satur- day, December 26. Bid and Asked Prices. UTTER—Range of prices to stores | C. & P. T sathered from wholesale dealers (prices to rs based on Philadelphia and One-pound prints. . car- Ya-pound prints.” car- 1-pound prints. car- pound prints, carton 4-pound prints. carton ub (92 score). 37, tub (90 5530 fub (81 seorer. 5. A’ ;" calves. 18: smoked ham, | 7. bacon, slice, 15 HabYs: light hogs medium hogs, #3.al10; heavy 03 roughs. fak! ives. 58 bs. 5a9: old sheep. Prices paid shippers. net Wash- ington by the United Biates’ Bureas of Avrieultural Economics Market steady and unchanged. Gurrent reccip hennery whites. | SIa5T " Government - graded — and "dated while ‘egus (net orices paid shippers. f. b Washington). U. extras large 513 U 8. extras mediams. $0'%s: U, 8. standards large. LIVE POUL’ Market about steady at unchanged prices. Fowl. colored, heavy. 14 to 186 cents Tal0; 7. Guineas 40 each: under hens. 18a19. young toms. 12 old hens. 14: old toms. 1 Fruits and Vegetables. | s by original receivers Pennsylvania, _two South Carolina arrived: one car diverted: two broken and two unbroken cars on | track ~Subplies moderate; demand Light market _steads. uth 'Carolina. = 113- Bushel hampers. pointed type. (refght re- New York. 50-pound ncn.\ carlot arrivals: one | Supplies liht broken car on de- ket steady. Califor- ack LERY —On ifornia arrived: | broken and two unbroken cars on Supplies moderate: demand moderate. | market steady. California. 1, crates, dividually washed and pre-cooled. 2.50. higher’ LETTUCE—One Arizona arrived: five | broken and iwo unbroken cars on track. | Supplies liberal: demand good: market | steady. Western crates. Iceberz type. 5 dozen:" Arizona 3.00; California, fair six K. 2158250 ONIONS—One New York arrived: broken and three unbroken cars on irack. | Supplies m d macket steady. & : Utah -mer U. S 1.1 EAS—No_carlot arrivals; two broken ani ons Gobroken. cacs on. track. | BuDe demand moderate: mar- ket steady. Bushei hampers California Telephones, large size. 2.85a3.00. small Florida, express receipts. small | size i3 'SPINAGH—No broken car on track. demand moderate: mariet steady, bagkets. Virginia, 60865, Texas 75885 SWEET POTATOES— No carlot arrivals: no tars on track Supplics moderate mand light;" market steads. North Care- lina, bushel baskets. Porlo Ricans. pa raded. 75a85: few best. 90al.00: A and. Anne Arundel County. bushel ham- carlot arrivals: one Supplies moderate: vals Truck receipts light: supplies market steady. boxes. 1.50: mostly on_ frack. demand moderate: truck receints. poed. 6x: and larger few 00, 1.0081.25 bes! IXED VEGETABLES. No carlot ar- rivals: four broken and one unbroken ears k. A BEANS_Supplies light: demand ht: marker steady. Cuba. bushel ham- pers.’ 3.00a3.50. Snap Beans Steady. SNAP BEANS—No carlot arrivals: Florida two broken cars on track Supplies liberal: de- | mand light: market steady. bushel hampers. ereen, Satiype. SQUASH- emles*dht. demand lght: Al upplies lie! m.s&fl steady Florida. bushel hampers. | white wrapoed. =00, RROTS—No cbm:x arrivals: one e d one unbroken cars on’trac ok el“ s"y’nod%ul(e Jemand light: markei 1i estern lettuce cra Seorn .egnnhlnll bushel bas- ed. Toon High Low Close 9734 9734 ©ol 4849 e So Pac 1078 107% So Pac ref és '“.._. 8o Pac ¢% - So Pac 4%s 'll commee So Pac ¢ So Pac (c.l) h L= So Pac Orep 4%8 "7 So Pac 8 F' Ter ¢s ‘50 So Ry gen ¢s So Ry 68 '94 So Ry gen 68 So Ry 6%5 '66 SoRYyM&O¢s'38__. 10774 108% 9% 803 14 11 100 100 102 102% 98Y 934 32% 38 106 106 10034 10035 10084 14 114 114 1061 1053; 1064 122 122 122 .. 104 104 104 . 10436 1043 1043 101 1008 1008 1113 111% lllK 1097 109 109% | Xy 108} 106 1054 10634 10634 10634 10615 10635 10834 10734 10734 1073 67} 67% 674 10134 1013 1013 381 B6% 863 106 10534 1083 1003 10034 10034 10934 10935 10934 1183 11833 1134 108 108 108 37 81 W, 14874 1483 148% 106% 1063, 106% 108 108 108 Symgn G&G'568 xw_. Tenn Cent 68 Term As St L 48’53 Term As St L 4148’39 Texas Corp 3%s ‘51 Texas & Pac 6877 B Texas & Pac 6879 C Texas & Pao 63’80 D Third Ave ref 4s ‘60 Third Ave 1st 65 '37 ‘Third Av ad In ex 65°¢: Un O11 Cal Un Pac3%s°71__ Un Pao 1st rf4s 2008 68y 67} 681 9834 98 98y 87 3% 36} & 5 L U1 P&LE%s 1 Vanadium cv 68 *¢1_ Ver Sug 18t 18 42 otfs VC&P1st4ye'lias Va E& P 1stref 48°56 1095 10934 1098¢ Va Ry 18t 3%s°66 A_ 10615 10634 10835 Wabash 49”18 ... 35 34% 35 39, 10334 1081 10834 96)5 964 :K 106% 1063 1083 107 107 o1 Uy 13 1us 13 102 102 102 3634 363 .‘H Wis C S&D Trm ¢s 36 WCS&D ter ¢s 38 cfs. T'ngetn S&T 33%s 51 Y'ngots S&T ¢8'6) - | Corcoran Bu!nel | ripes. | T b . Cold Storaze STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9)_ Conital Transit Co . & T Bank of Bethesda (h.75) | Capital (4) | Com. & s-vmn “(ab), Liberty (3 un:nl prmeeo o &7 b Riees ora 151~ | Washington (6 Wash. Loan & Tr. (&1 FIRE INSURANCE I’Y Firemen's (160) _ National Union ¢ 8 TITLE IN: Columbia (30) teal Esiate (6) MISCELLANEOUS. 2,00 American Carpel Corp Lanston ‘Monotype (4) Mergenthaler Linotype (11 Peoples Dr. 8 com. (11001 Pecples Dr 8! ofd (650 Real Est. M &G. pfd_(* §50¢ oaid Mav 131936 50c paid Aus. 15, 1936: Bc vaid Nov. 16 1936, e xtrn 2% extr June 30. 1936 45¢ pald De- 936 | e | FEDERAL LAND BANKS YORK. December 24 #.—Federal Land Bang bonds: 418 Nov. s 2 1936:48 SHORT-TERM SECUBIT!ES | Amer. A! l Rrpflmn Cll’o Clineh. T, Baas 194 Co. s 18 Dlll Afllrnn Range Gen Pb. ‘5128 1939 d. 438 1941 Rap. & Ir Houston” Oll ‘5i3s 1540 Int. Tel. & Tel. 4'2s 1903 Leclede Gas Light 5s 19: Lake Erie & Westn 5s 19: Lehigh Valley Coal s 19: Long Island Gen. 4s 1938 Louis, & Nash. i Mich. Cent, Pa Fétn Disie Cement m 141 Penna. R.R. Co. 45 194: Rio Grande Wu!n 4s HH)I 1] T. 55 1941 RR, of Cal. 58 193" adium Corp. 58 1941, ash Rwy. Co rner Bros. s Westn N.Y. & Western Un. 'l' b 55 1937 58 1938 FOREIGN EXCHANGES. NEW YORK. December 24 (#).—Foreign exchange stesdy; Great Britain In dollars, others in cents.' Great Britain—Deman $.91%: cables. 4.91%: 0-day bills 4 90 France—Demand, A6 Tialy— Demand, (Sreece, 90 kin, 3.5115: o ‘Hune 'm lL Ilulco cn H New York. 100.07{{: New York in treal. #9.92%. n—] om inal. FOR.EIGN xnxms LONDON, December 24 (#.—The stoc! market closed with a firm tone. lll»hmuh {rading was on & Smail scale. 0di! . _such as rubbers. copps nd tobacce scuritics. were I lirse des mand and sold at higher prices. i froup “and” frans-Atiantic somewhat easier. while G Prench bonds dc]ellnldl to lo'er levels. stocl ties were active Duteh also scored a francs. The r:mllnder of the list was mixed, rentes finishing the day with net losses of 10 to 40 centimes. Bank of Prance stock sold at 7.720 franes, a drop of 70 francs. NEW YORK PRODUCE. ber 24 (P).—BEs: ORK ?u:m m NEW H 15.719: ir! special Creamery. 23415: seconds other butter 107 FINANCIAL. NASH-KELVINATOR MERGER APPROVED Vote for Proposal-at Special Meetings. B the Associated Press. DETROIT, December 24.—Stock- holders of the Kelvinator Corp., meet- ing here, and of the Nash Motors Co., | meeting in Baltimore, approved a pro- | posed merger of the companies yester- day. ‘The Board of Directors of the Kel- vinator Corp., announcing the ap- proval of its stockholders here, said the new company, the Nash-Kelvinator Corp., would have total assets in ex- cess of $50,000,000. Charles W. Nash, president of Nash Motors, will serve as chairman of the board. George W. Mason, president of Kelvinator, will be president of the | new company. The Kelvinator division of Nash- Kelvinator will maintain its produc- tion of refrigerators. household ap- pliances and other temperature engi- neering equipment, while the Nash di- vision will continue the manufacture of automobiles. The announcement said no change was contemplated for the present in personnel or policy of either division. CHICAGO GRAIN Br the Associated Press. CHICAGO, December 24.—Late ac- tion of wheat prices today swept the Chicago market more than 3'; cents upward, special notice being taken of ticklish European conditions xtnrd-‘ ing Spain | ‘There were reports that Germany today had bought 8,000 tons of wheat | and that all North American exmrl\ offers to Europe were accepted. Im- porting countries were apparently being forced to bid prices up to obtain supplies. i At the close wheat was 3!3-3% above yesterday's fiish. December, 1.391,-35; May, 1.3¢34-7,: corn, '; to 1 cent up, December, 1.09%4-'2; May, new, 1053s-1;; oats, ';-34 advanced, and rye bulging 4's-4% cents. Pro- | visions results varied from 2 cents set- | back to 27 cents gain. 1.087 108 CORN— December | May. new ‘Mn ol A Chicago Cash Market. Cash wheat, No. 1 red, 1.40: No. 2| red, 1.40. Corn, No. dmixed 99-1.00%:: {No. 2 yellow, 110%: No. 3 yellow = 1.07-087,: No. 4 yellow, 1.00'2-05: No. | | 3 white, 100 12: No. 4 white, 1.07}2- | 10. Oats, No. 1 white, 5334 55 No. 2 | white, 53: No. 3 white, 52'.-54% Rye, No. 1. 1.20; sample grade, 1.09, weevily and musty. Soy beans, No. 2 yellow. 1.52,-1:! No. 3 yellow, 1.47%4- 521;. Barley, No. 2 malting, 1.37: No. | ‘1 poor, 1.20; feed, 68-90 nom.: malt- |ing, 1.00-40 nom.. timothy seed. [585-610 cwt: new, 560-85 cwt.; i clover seed, 24.50-31.50 cwt. NEALTIMORE. December 24 P Wheat. 2 red Winier. carlicky, spot domestic, Ya. Chesapeake & Ohio Railway—Com- | mon share earnings. 11 months ended 1 November 30, were $5.10, against $3.69. 1886 1936 ‘ 50th Year of Progress SOCIAL SECURITY TAX RECORDS S‘I’OCKET"I‘- ISKE CO| nonucmo STATIONERS DI E ST ‘N-W On Washington Real Estate Current Rates and Courteous Treatment oy Russdll K STREET Nw. 3! ’ngl. '.ml'.!llnfsl? b.flrm and Iln.:hllll.d b l‘.n'"l'y'lfll’!l. B’ freight, chk.nnl i Live lored. Rocks. "una fomr u:dhnrn. 1{ other - treight - prices B] it tl:h_ thousands 5y encies to jecrease. -Tlu 3"0 613. increase. curre per cent. Rate of discount. 4 per mt‘ #xe A_]13 CHRISTMAS TRADE BOOMS IN SOUTH Improved Tobacco and cd- ton Prices, Bonuses and Pay Increases Help, By the Associated Press. ATLANTA, December 24 —Christ- mas trade in the Southland boomed & merry keynote to waning 1936. 1 The channels of retail trade drew from holiday shoppers with the great- est liberality “In years,” merchants re- ported today as the buying rush neared the eleventh hour. Industrial bonuses, wage increases, a billion-dollar cotton crop and record tobacco prices were cited, among othe: things, as responsible for the wholesale clicking of cash registers. Pegging their estimates on the last year of the “prosperity era,” many of the merchants described business as the best since 1929. Some said it was even better. The Louis Pizitz dry goods firm of Birmingham announced sales 25 per cent over last season “will be the largest December’s business in our his- tory, from present indications. Trade last year was far ahead of the depres- sion years, and this year it is 'ell above the 1929 level.” H. T. Bunn, sr., of a large Memphis department store cited a 25 per cent increase over 1935 as coming from “a splendid cotton crop. plus confiderice in President Roosevelt, plus wage ine creases, bonuses and a general business boom.” An average increase of 10 to 15 per cent at Nashville came, the Associate: | Retailers’ Organization said, partly from decreased speculation over the future, “due to more definite policies of the Federal Government.” “Better jobs paying more money and the numerous bonuses” were rea- sons advanced by an official of Davison-Paxon of Atlanta for a season larger than 1929 and much larger than last year. A lack of buying slump in Richmond during rainy weather was a good in- | dication, merchants said, of “excellent and at Charlotte, N. C. they reported sales ‘“running wa: ahead” of 1935. under increased em- ployment at higher pay. PARIS BANK CHANGES. PARIS. December 24 (P.—The Bank o France statement for the week ended De- <ember 1R millions of franes): Gold reserve. unchanged ances ab 4: decrease. chased abroad. 1.436: decrease, counted commercial bills—F; increase. 154 ‘Temporary state 'Dnnr to June an; increase. 4. cent. OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks R Tables “ml Clblllfll Chaire Safes BAUM'S FURNITURE HOUSE 1416 Eye St. N.W Phone NA 2184 FIRST TRUST LOANS Long-term REFINANCING . . Lowest Rates . . . 3-Year Con- struction Loans - 3'2% 50‘ BOSS & PNELPS MOITGAGE co. Loan Correspond John Hantoex Mutaal Life tas Co. 1417 K St NW, NA. 9300 Money for Conndhlcfiol Loans an Loans on Improved Properties 5Y2% FIRST DLED OF TRUST ONLY GEORGE 1. BORGER 643 indiana Ave. N.W, Nat'l 0350 Investments well secured servatively by Marylend. $500 up. Interest 6% per Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 Established Nearly 40 Years P roperTY MANAGEMENT EFFICIENT management is most satisfactory to both owner and tenant WE specialize in the man- agement of o!l types of in- vestment properties and are now Managing Agents for some of Washington's most important buildings. WE would welcome the op- portunity of discussing your management problems with you Randall H. Hagner & Co., Incorporated Real Estate 1321 Conn. Ave. N.W. DE. 3600 PRIVATE WIRE FACILITIES Our facilities for executing orders in Security and Commodity Markets include Direct Private Wires to each of our offices in New Yeork Baltimere Washington Philadelphis Wilkes-Barre AUCHINCLOSS, PARKER & REDPATH 710 Fifteeath Street, Washington Members Naw Yeax Srocx Excmaxes Naw Yeax Corron Excuawcs N. Y. Cuas Excuance(Amoc.) Naw Yeax Prosucs Excuancs Cuicaso Boars or Taans Cuicace Mancanrins Excuanes Coummoniry Excuawcs, Inc. Wasaiwsron Srocs Excmawes