Evening Star Newspaper, December 28, 1936, Page 15

THE EVENING STAR, WASHINGTON, D. C, MONDAY, DECEMBER 28 '1936 FINANCIAL FINANCIAL s . 5 . *%% A—15 ————————————’——L——L_—‘__—_—_—___——“_ NEW YORK CURB MARKET -INDUSTRIALS GAIN SHARPLY ON CURB ‘Utility Shares Go Down - Fractionally—Newmont Is Prominent Climber. By the Associated Press. NEW YORK, December 28.—In- dustrial shares rose sharply in the Curb market today as utilities settled to & {ractionally lower range. Newmont, American Airlines and Detroit Steel products were leaders, with gains of more than 5 points each. Aluminum, Ltd.. climbed about 4'2. Issues up 1 to 2 included Casco Prod- Yucts, Aluminum Co. of America, Shat- tuck Denn Mining, Pan-American Air- ways and Nehi Corp. Montgomery Ward “A” yielded 3 in 8 small market. Oils were mixed mmmnmm Stock and Sales— Aero Supply (B).. 2 Agfa Ansco Ainsworth (a1) Alr [nvestors Ino_ AirInvincwar.. 4 Ala Pwr pf (6) 1008 Alabam Pw pf (7) 100¢ Allen Indus (1) 3 Alles Fisher 12 Alum'n Co of Am. 700s Alum Am pf $118% ioo- Alum'n Ltd Am Afrlines, Inc Am Capital (B) __ Am CP&L ww2¥ . Am CitP&L B a20e Am Cynam B t60c Am Eqit (a22%¢)- Am & For Pw ww Am Fork & H (1) Am G&E (1.40) Am Gen C’p (a50c) Am Gen pf (23%)_ 508 Am Gen C pt (2) 2008 Am Hard Rub(al)400¢ Am Lau Mch t60c 1 Am Lt&Tr (1.20)_ 6 Am Mfg Co (a3)__ 768 Am Maracaibo a Am Meter (a2%). 4 1 1 5 Dividend Rate. Add 00. High. 4% 14 21 3 % ny 80% 2084 [ 142 118 2% " . Low. Close. 4% 14 2 3 % g 8034 4% 8% 142 18 31 Nflflmd Rate Add 00. High. Low. Close. Gen T&R pf A (6) 210s 100 Georgis Pw pf (6) 21 Gilb't(AC)a82%c. 2 Glen Alden C (1) 28 Godchaux (A) al_1560s Godchaux Sug(B) 4 Goldfield Consol . 1 Gorham (A) _ 1 Gorham pf ww Gorham vte ex(1) Grand Natl Films Gray Tel P8 (1) - 1608 3 22 14 100 ”" 94 13% 4034 £ 534 Grt A&P T n v 16 2008 11434 904 9434 | Grt ARPT 1st pf 7 608 126}§ Grt Nor Pap (11)_100s Greenfleld T& D__ Groc Store Prod... Hall Lamp (80¢).. Haloid Co (11) Hartman Tobacco Harvard Brewery. Hat Corp (B) Hazeltine (a2%)_. Hecla Min (a60c). Helena Rubenst'n Hevden Ch (2) __ ires (C E)A(2)_. ollinzer G t65¢ Holt&Co ptA a20c Horn & Hardt (2) 2008 2% 14 18% By the Associated Press. credit expansion and their cue partly from by the Treasury last new gold acquisitions Draws Attention to Con- trol Powers. NEW YORK, December 28—Busi- ness appetite for credit has revived 50 fast since last Summer the rising bank loan trend promises to draw a lot of attention in.the neéw year from ‘Wall Street and Washington. Some Wall Streeters, in fact, see its control as likely to become the major topic of financial interest for 1937. They take recent Wash- week to keep SHARPRISESEEN |NE INTRADE CREDI 3 |Higher Bank Loan Trend an l'Bfl “% “K Stock and Dividend Rate. m Vn m‘n- un‘). Van Ral 1st pf (1) 40 Viek Chem n:) - v.-mra-n.l 5 Va-Car Chem ¢% vt lN% IW Va El-& Pwr of (6) 13% 86 4% 10% 19 4 Va Iron Coal&Coki 70 Vulcan Detin (a8 2% Wabash (d).. 5 Wabashpr A ( 9% Waldort Sys t 118 114 Wlllmlpfll*). 49% 264 20 12% 62 % 18% 2% 12% 8% 36% 39% 11% 52 ington moves to tighten the credit| 102 brakes, including the plan announced | 110 Walker (H) (3) __ 17% Walker (H) of (1). 5% Walworth €0 ..... 10% Ward Baking A ... 2% Ward Baking B 9% Warner Bres Plot.. 3% Warner-Quin (4)... 33% Wesson O&8(180¢c) 87 West Pa Blee ot () 96 West Pa Eleo of (1) 116% 111% West Pa Pwr pf (6) from entering| 124% 116% West Pa Pwr pf (1) 81 Western Maryland. W YORK STOCK EXCHANGE| (Continued from Fourteenth Page.) 2:18 p.m. Sales— 446 00. High. Low Olose. Chge. 19 41 40% 40% - % 116 116 116 3 B6% 1408 113% 118 118 = % 308 1% 1% - % 208 B B -% U h-w 8 8 % 16 16% — % ll‘% 114% + % el AT — % 95 104 s 114% 114 114 80s 121 120 121 T 8% 8% 8% -Y% 104 STEEL RATE STAYS AT STEADY LEVEL Iron and Steel Institute Finds Operations Unchanged at 77 Per Cent. B the Associated Press. NEW YORK, December 28.—Opera~ tions in the steel industry for the cur rent week were unchanged at 77.0 per cent of capacity, the American Iron & Steel Institute estimated today. . A month ago operations averaged 75.9 per cent of capacity, while a year ago the rate was 46.7 per cent. A spokesman for the institute ex- plained that, while the operating per- centage was unchanged from the be- ginning of the previous week, the actual volume of steel to be turned out by the industry in the current 8:16 p.m. rm nu Low. nmuu Rate. Add 00. High. Low. Close. Abv. 34% West'h'se A Bal%. 36 48% 47% 47% — 163% 943% West El (2% ). 4 145% 143 1434 -N 160 123% Westh'e 1st pf 1534 60s 152 152 152 33% 22% West'n El Inst ase 2 25 24 32 19% Westvaco Chlor (1) 24% 39% 21% Wheeling Stee! 28% 18% White Motor 13% White Rk M 8(1.40) 3% White Sewing Mch. 16 White Sew Meb pt.. 2% Wileox Ol & flu 6% Wilson & Co (. 70 Wilson & Co pt l.)- 44% Woolworth (2.4 23% Worthington Pump 56 Worth Pump ot A.. 62% Wright Aero (al).. 63 Wrigley W ir (13)... 33% Yale & Towne t60c.. 1 50 50 50 8% Yellow Tr& Coach 134 231 22% 224 — % 83% Yellow Tr&C pf $35 x530s 130 127% 127% +4!s 42% Young Spr&W (13) 2 44% 44 44 -1 41% Youngs'tn Sheot&T 22 8% 77% 71% - % 11% Zenith Radio 9 34w 32% 33 -1 5% Zonite Products 26 ™% T THW-% Approzimate Sales of Stocks on the N. Y. Stock Exchange. .. 850,000 1.320.000 Dividend rates as given in the above .abl <he an) casb Dayments baseo oL the atest auATLerly oF half-yearty deciarations, aUnit of trading iess than 100 shares. tAnnua) rate—not 3 T 2% T2%-% within a fractional range. s Am Seal Kap a30c 1 Horn & Hardt p£5 108 the banking system and becoming| ‘git it resiern Pacifepf. 8 6 6% 614 — i | INCludios extras 3 Accumulated dividends. & Paid chis year. period will be greater. “National Power Shows $8,635,363 Equity in Income By the Associated Press. NEW YORK, December 28.—Na- Am Superpower . 100 Am Superpwrpf__ 4 Anchor Post F .. 17 Angostura (t20¢) 2 Appalach EPpf 7 20s Arcturus Radlo T 4 Ark Nat Gas 6 Ark NatGeupf.. 6 Ark NatGas (A). 20 Ark P&L pf (7). Art Metal W t60c Ashland Oil & Ref 107% 1% % 1044 2 46 1] 5% 10734 i % el 94% Hudson BM&S (1) Humble Of] (t1) _ Huyler's(Del)(d) Huvl pf stpd «d) Hydro Elec Secur. tHygrade Food IMP&L6% pt Imp Oil Ltd t50¢c Ind'n Ter (11 O(A) Ind’'n Ter 111 O(B) Indiana PL (t40c) il 7 3608 1 6 1008 111 Pwr & Lt $6 pf 700» 8 1 2 1 163 8l LI 563 164§ 84 6 5634 L 2035 3% 8% potential loan increase. ary handling Regarded as Precaution. ‘Washington's action so far has been renrrled in nnnnclll circlu u pre- prepnntmn for more drnm: appliu- tion in event the credit machinery attains dangerous speed. part of the already huge base for 964 7244 Weat'n Union (a2)- STAPLES ADVANGE 26 80% 78% 78% -1 © Paid reor, Seaboard Revenue In November at $3,453,654 Level lpoc.u lmpgunm The Star. st vear ised. xBx d l&mnlnlu reported in receivership or being LIVESTOCK BRINGS The preceding period was a five-day week, allowing for the Christmas holi- day. New Year day is not a holiday in the mills, so present operations will extend for six days. — CHICAGO GRAIN By the Associated Press. MORE DURING 1936 Packers Paid Farmers Near- ly $1,000,000 More a Day, | Institute Reports. By the Assoclated, Press. CHICAGO, December 28.—The meat-packing industry paeid nearly | $1,000,000 more per day for the farm- ers’ live stock in 1936 than in 1935, William Whitfield Woods, president of | the Institute of American Meat Pack- | | ers, reported. | The total paid for live stock was | estimated by the institute at approxi- | mately $1,820,000,000, compared with | $1,477,000,000 in 1935. An improved domestic demand for | | COI meat and a substantially increased | e supply of live stock were the factors | :‘,‘" which made this increased payment Ju]y tional Power & Light Co. reported for the 12 months ended with November net equity of $8,635,363 in the income of its subsidiaries, compared with $7.478,978 in the preceding 12 months. + Operating revenues of subsidiaries increased to $77,608,156 from $71,813,- 225 and the balance after interest charges and reserves to $14,709,637 from $13,554,449. For the three months ended with November the parent company'’s equity increased to $2,366,692 from $1,904,- 609 in the comparable period last year. —— e SHARP DROP SHOWN IN EXCESS RESERVES B3 the Associated Press. NEW YORK, December 28 —“Ex- eess” reserves of Federal Reserve member banks dropped sharply in the last week as the volume of money in circulation was stepped up to han- dle record holiday transactions. The latest total is under last year, because of the 50 per cent boost in teserve requirements last August 15. Reserves above the legal minimum, | reported by the Reserve Board, com- | pared as follows: Week ended December 2 Previous we Bame_ beriod tas yei E . Pathe Film Curp.—Compnny re- ceived a dividend of $245,000 on its holdings of capital stock of Du Pont | Film Mfg. Corp. CURB BONDS DOMESTIC BONDS. High, Low. Close. A ___108 108 108 AssoGas& Elec.. 1 AssoG&E (A) .. 32 AssoG & E 85 of L] Assoc Invest (12) 100s Asso Laundries _. 1 Atl Coast Fisher . ¢ Atlas Corp (af0c) 71 Atlas Corp war __ 57 AtlasCpfA(3) _ 6 Atlas Plywd aS0c. 1 Austin Silver __. 124 Auto Products __. 1 Auto Vot M(150c) 1 Ax-Fisher(3.20)A 650s Babcock&W a2.85 2768 Baldw L bd rts, Barium StainStl 9 Barlow&S(A)1.20 1008 Bellanca Aireraft. Benson & Hedges _ Berkey&Gay F Co Berk&GF pur war | Bickfords Inc 1.20 Bliss Co (E W) Blue Ridge Cal0c Blue Ridge cv pf 3 Blumenthal 8 Bowman-Biltmore Bowmn-Bilt 15t pf260= Brazil TL&P 40c_. 8 Bridgep't Mchal. 2 | Brill Corp (4) 1 Brill Corp (B) Brill Corp pt Brit Ce!an Ltd res | Bower R B (a233) Brown Co pf Brown F & W al5c Brown Forman 15 | Buff N&E pf 1.60 2 Buff Niag&E Ist 5 50s 106 106 Bunker H&S (12) 2508 100} 99 | Cable El Prod vtc. 8 1k 13 Cable & Wire(A). 2 1 “able & Wire(B) 1 k<t Can Hydr E 15t p£ 1908 T4 Can Marconi 2 1% Capital City P 60c 1 Can Indus AlcoA. & Carib Syndicate _. Carnation Co (1)-. Carrier Corp Casco Products __ Catlin Corp (a40c) 12 Celluloid Corp Celluloid Corp pf 508 Celluloid 1st pf 18 108 Cen Hud GRE80c 1 Cent Ohio Stlal.1( 2 Cen P&L pf 3.061 1008 Cent& S W U'til 6 Cent States Elec 30 CentSt Elcvpf 60s Cent St El cv pf n 226» Cent St El 6% pf 276s Cent St E17% pf 150 Centrif Pipe t40c. 17 Charls Corpi1i) . 1 CHICAGO, December 28.—T... wheat market plunged down at time; almnn 6 cents under earlier tops to- ay. Chicago December wheat rose at one stage to $143 a bushel befor- profit-taking set in. A laggard trend of prices at Winnipeg, where new ex- port business appeared to be lack- ing, had considerable bearish effect here. At the close wheat was 1l3a4% un- der Saturday’s finish; December, 1.37%a%2; May, 1.35'3a%; corn, 7 off to % up; December, 1.09';alz; May, new, 1.0573a1.06; oats, %al down, and provisions showing 15 to 40 cents bulge. DpOVHEAT— Ovel DaC Vo 4 Indus Fin vte L Iron Firemen(t1) 1008 Ins Co of No A 12°200e IntlHy EIScvptf 6 Int] Petr (11%) _ Int] Products Intl Safety Raz B Intl Util (A) tntl Util (B) _ fntl Vitamin(50c) Interst Ho M 1214 Interst P(Del)pt Irving Air Ch (1) Ital Superpwr(A) Jacobs(FL)Co(1) JersCen P&L pf 6 Jonas & Naum Kans G&E pf (7). Ken RT&L A aT5¢ Kingsbury Brew Kingston Prod 40¢ Kirbv Petr (20¢) Kirkland L. G (6c) Koppers pt (6) Kreuger Brew (1) Lake Sh M (t4) _. Lakey Fv & Mach. Lefcourt Realty _ Leh Coal&N a60c._. Leonard Oll __ Lion Oil Ref (1) .. Locke Stl Ch 80c Lockheed Aircraft Lone Star G aé0¢ Long Island Ltg Long Isl Lt pf B 6 1008 La Land (40c) __. 55 Luckv T (+12¢) Lynch Corp (+2) . McCord Rad (B) . McWilliams D (12 Mangel Stores Mangel Stoer pf Marion Steam Sh Masonite Corp(t1) Mase Util Associa Massey Harris __ 13| Mead John (13) Mem Neat G(as0c) Merritt Chan & S Merritt C& Spof & Mesabi Iron Metal Texile(40¢c) Mex-Ohio Oil Mich Bumper C. Mich Gas= & Oil ._. Mid Sta Pet (A)__ Mid Sta Pet (B) - Mid-WAbras 110e 1 Midid O cvpf $1; 1008 Midvale Co (a5) _ 25» Mining Co (Can) 10 Minn Min&Mf(t1) 25s Miss Riv F pf (6) Wi peTRBR - 10% 16% 3% 6014 19% 34 g ki) 40 40 130 2% 3% 18% 18% 6 B 4 o4 25 2% 1% 4 14 18% 3 6% P E 9314 ™ M 11435 11434 21 2134 gy ™ B B% 8% k] % " 106 106 106 18 181 184 58 6T 6T 60 614 63 34 94 > s 1144 2134 24 kil aSRe~ 2 e H eSnue 1 i 44 135 105§ 2 50s 3 1 1008 8 200 _$1,880.000.000 050,000,000 193,000,000 | 15 80e Stock and Sales— Dividend Rate. Add 00. Richm'd Radiator. 2 Roosevelt F' Root Petrolm(1)_. Root Pcvpf1.20_. Rossia Intl Corp Royal Typewriter Rustless Ir&Stl _. St Anthony Gold . St Lawrence Corp St Regis Paper Savoy Ofl ! Schiff (The)Co(t3) Schulte R E(d) covill Mfg(a21;) 1508 Scrant S B Wat pf 50s M Secur Corp Gen b 72 Seeman Bros t2%. 1 - g.gbn Lock & H ]5 5% | Seiberling Rubber 14 2% 4% Selected indus 17 1ot 1013 | Sel Ind all cts 53 3508 1145 "5 Sel Ind pr pf (5% )300s Sent Saf Control 1 )% | Seversky Atreratt 3 | Seton Leathastc. 2 3 Ranaa is @iaad Jan. 16.60 Chicago Cash Wheat. i {2 | Cash wheat, No. 1 hard, 1.42% -441;; No. 2 hard, 144: No. 2 mixed, 141. | Corn, No. 5 mixed. 99-1.00: No. 2 yel- | low, 1.11; No. 3 yellow, 1.08-09';; No. 4 yellow, 10113-06'z: No. 3 white, | 1.0812-10%; No. 4 white, 1.07%-10. | Oats, No. 1 white, 54%-55'2: No. 2 white, 54-54'2: No. 3 white, 53; No. 4 white, 51. Rye. No. 1, 1.30-30%. Soy beans, No. 2 yellow, 1.55%;: No. 3 yel- low. 1.54'2; sample grade, 1453, Barley, feed, 68-90 nom.. malting, 1.00-40 nom.: Timothy seed, 5.85-6.10 cwt.. new, 5.60-85 cwt.; clover seed, 24.50-31.50 cwt. DO: B’ iversified Tr C_ ividend Shrs Equity Corp $3 pf Pidelity Pund Inc Ala Power g( L roaBun 10134 10134 ]01‘ 100334 10:12 103 1% 1041 T04! i 4 34 9 2 3 10: 10 1 3% 2 2 . 2 . a2 . Baltimore Quotations. BALTIMORE. December 28 (% .—Wheat, 3, 7od Winter. garlicky."spot. domestic. i3: December. 1.44" s | Since June so-called “other” loans UN BRUAD FRBNI of reporting member banks of the LK, December 28.—Total Federal Reserve System in leading s F N fifi,’,’: nr:‘l'xenu«’of &* Se-:;fidr cities have expanded more than|Sygar way for month of $650,000,000, the biggest upturn since gar Futures at New Peak :‘;’:’;;fl:;:- .;"135"“':“ ‘lm“;':’ to the downward spiral of credit and i 8_ i i 1493,694, of $600,848, or price deflation got started after the smce ]92 Hldes, Sllk 11,133;: wn:n:m me‘nme mon:.]hbtl)l 1929 stock market crash. i i el BEOS8, ToAne wyR1whie Sl DO e and Grains Climb. for_interest and charges will amount | outside the categories of security,| By the Associated Press. to $534,885.79, as compared with $60,- real estate and trade paper loans,| NEW YORK, December 28—Com- | 338:19 for November, 1935, or an in- generally are followed in. BANKINE | modites surged upward in o broad | CTCRS€ of 47454760, quarters as the best indicator of | price advance today, with raw sugar |, Tc 870ss Income for November is. business demand for credit. futures selling at the peak since April before deduction of taxes under the * | railroad retirement act, which are es- Security Loans Lag. 1928, and hides, raw silk, crude rubber. | ;10ted to amount to approximatel ~ rye, wheat, harley and oats at the best | g57 509 th, PREGRADA ] In contrast, there has been little | evels in years. S Der O expansion in bank loans against se- It is estimated that the gross in- curities despite the further rise of | F¢AS Of adverse developments in| come for December will exceed the Europe and heavy buying abroad stim- | gross for November. share and bond prices this year. Br k ulated the upward movement. In the okers attribute this in part to the Liverpool Grain Exchange Wheat G lid the Reserve Board has put on loans for security speculation, with ':"“"‘;.;;’“med 'h;o topmost nigure | INVESTING COMPANIES margin requirements raised early in| Since and in both Chicago and | ~NEW YORK December 28 im—New the year to make the cash ante 55| WinDIpeg all grains were at their best E “""; Dealers’ Assoc: per cent of the market price of a|Since early in 1929. O possible, Woods said. 2o stock. Crude rubber futures advanced 1.25- | 44min P4 2nd Inc. Current prices of many meat prod- | May “Other” loans now are more than |1.31 cents a pound to above 23 cents | Am Gen Eq I ucts, both wholesale and retail. are Julf o o 457 | $800.000,000 ahead of the comparable |and raw sugar futures were above 3 g'_",,g;:,f'ge,::, = lower than a year ago as a result of May' _____156% figure last year. Talk of need for |centsa pound, a price not reached even | Bank up Shrs the increased supply, he said. | nvs—- | credit expansion as a vehicle of busi- | in the boom year of 1929. Silk futures 3:’,}5'{;,.,"“ Jnv Corp Declines in wholesale prices of bet- | Dec " __..1 % | ness recovery has been yielding to | were quoted above $2 a pound for the ter known pork cuts range from 7| ‘,“,, e % 1T discussion of controlling the rising | first time since November, 1935. Cocoa to 21 per cent in the case of truhl BARLEY— loan trend to prevent another un- | made a new eight-year high, with the A B pork loins, shoulders, butts and spare- | yay - stable boom. price above 11.71 cents a pound. Corporate Trrl‘::t /A Z ribs, and from 10 to 21 per cent for The buying movement spread to | o E smoked hams and bacon. Representa- | jan’ cotton, with gains of 0.15 of a cent a tive grades of fresh beef and veal are | K. pound in the price for some futures. from 3 to 9 per cent lower and lamb o £ High. Low Close. | A heavy foreign demand was noted, i LTt SUperomt G ';: a;:\ with buying orders coming from all Woods said consumption of meat %, | Trade advices sald excltement 1935 to 141 pounds in 1936. 8634 “‘“:.;b:d g" opening of the London He said the amount of meat im- 1% ubber Exchange when the staple ported into the country in 1936 prob- | ¥ X :;“hed & price of 11 pence a pound, ably came closer to balancing the o 1 e highest in seven years. Speculative amount exported than at any time in o 4 |purchases abroad were held largely re- history. Imports totaled approximate- 4 |sponsible for the present bull market. | G; | ly 138.000,000 pounds, compared with 39 Export copper sold at 11.82'; cents | 97,000,000 in 1935. Exports were ap- " & pound, the highest since early in | Group Sec proximately 195,000,000 pounds, com- | 471930, ‘and_domestic copper ~futures | Srots 855 1aves Bhrs. pared with 200,000.000 last. year. moved up from 0.05 of a cent to 0.09 of g;%n g: Pl:llmrlu —_— a cent & pound. The red metal was ¢ R R Equh ‘:,‘, bought in quantity abroad, partly, gnun e FEDERM. LAND BANKS | 674 | traders said, on the strength of arma- | Husen “Holdo YORK, Decemper 28 —Pederal 814 | ment requirements, Incorp Investors __ - L"‘" ’"“ bonds: ed. v Tovestors rd ¢ tne T s Invesiors Fd C Ine s 1’2"." m“‘ ol - Molvbdenum Corp Monroe 1. S(A)32¢ 4 | 5. Cities Svc 5s ' Chesebrough (14) 608 Childs Co pf 5 Cities Service Cities Service pf . Cities Sve pf B | Cities Sve pf(BB) 108 Cit Sve P&L $7 pf 50« Montana Dak Util Mont Ward A (7) Montr HLt&P 1% Moondy's pt nf (3) Moore Dist (t5ve) 60s 1 50s Moore C Ltd al.65 100s 7 | Shattuck Den Min 21 | Shawin W &P 80c 3 | Sherwin-will (4) 250s | Shrev-El Dor P&L | Smith Cor v ext t1 934 | 17% 26 | 1874 [ CLEARING HOUSE ISSUES | ki cae”.™" £ |G i 100 |yt REPORT AT NEW YORK i i | el ) BY the Associated Press. | NEW YORK, December 28.—The 283, | weekly statement of the New York M: Mutuai Invest _ Nation Wide | Nation Wide_ Voting N Y Bk T Norti Am’ Bond Tr Nor Am Tr Shares | Nor Am Tr 8h 1955 January. May 1656 40 CHICAGO LIVE STOCK. FREIGHT LOADINGS. | , NEW YCRK. December 28 (# —Revenue freight carloadines of railroads reporting for week ended December 26 incluced: 6% | Sonotone C (alve) (et | So Penn 01113 ) 33 Nor Am Tr Sh 1958 Nor Am Tr Sh 1958__ Plymouth Fund Inc Quarterly lnco‘:nt Sh 14 | Clearing House shows: 434 . Total surplus and undivided profits, 49‘! $836, 531,800 (unchanged); total net | 2 Week Dec. 2. Baltimore & Ohio_42.465, City Auto S(t60c) Previous Claude Neon Lts_. Clev Tractor f gl‘l‘leé BPOJ:!I.‘? Mount Prod (60c) Mueller Brass t1 Nat Auto Fib t1% 19 Last 3 week 8 CHICACO. December of P (United year. tes Department of Agriculture).—Hogs. 30508 000. including 10.000 direct lve e higher than Thursday's ave | SoCal Ed pt pf 1% 51.104 | South'n Colo P A Pt i i 108Y 10815 10R1; 10613 10615 10678 106,106 7106 2 10415 100 13, 9113 ym 104 5 10013 10074 1001 041y N414 94' 2 [ Columb O& G a20c Club Aluminum Cockshutt Plow Colon Dev 6% pf Colon Dev Ltd Colo Fuel&lr war Colt'sF FAt1% Colum G&E pf(5) 875» a“ | Co'wlth Dist a10c 1 | Com'with Ed (t4) Com'with & S war Com'u’ty P&L. 1st | Nat Fuel Gas NatGyps Aa2lj . Nat Investors _ Nat Invest war__. Nat Leather - Nat Mfg & Stores Nat Oil Prod t60c Nat Rub Mch a20¢ Nat Service Nat Service pf 1 1 234 2 17% &: 3 1 8 asy ! 13 Southn P L 20c¢ | Sou Royalty Noc | Southwest P L2 | Spanish&Gen e Spen Chain St 60c Square D pf A :.:oaoo. Stand Dr cv pf 508 4| Std Oil Ky (11.40) 3 Stand Oil Ohio 1. 14 | Stand Pwr& Lt _. 16 Stand P& L (B) Stand Prod (a25¢) 1 508 x | demand deposits (average), decreased time deposits (average), increased $1,489,000; clelnnga week 0! “ $51,323,000; | ending | $5,633,229,283. (x)—Five days. today Supervised Shrs Trustee sund Inv Trustee Stand Inv C_ i 1065 new 0. Cattle. 13 bro following sent: higher: buik good and choice 0.40an0. sows around yearlings steady but slo ndest demand: best fed heifers. 11. runaway market ol 3 instances more: 'ellhly “bulls L!H' J0ovear high fof | December: 170-300 pounds. 0 higher: mostly 000: calves. 2.000: steers and welghty steers in ts sieady Lo weak FIRST TRUST LOANS Long-term REFINANCING Lowest Rates . . . 3-Year Con- struction Loans . . . 3% 3%% BOSS & 'HELPS MORTGAGE 0 Correspondent ‘ Wash‘mgt;;lfchange SALES—AFTER CALL. Capital Transit Co.—2 at 13. Bid and Asked Prices. Loan John Hancock Mutual Life Ins Co. 1417 K St NW. NA 9300 | Community W 8 Cons Afrcraft ___ Consol Copper | Cons Gas(Bo)3.60 Cons Min&Sm $2 Consol Retall Strs Cons Roval (20c) ing actively up to .00 and better: vealers acarce. steady at d G0R10 00 on light offer- ingg: shippers kinds selling up to 11.00. A SheeBy 9000 ™ inclu ding 1500 ‘direct: mbs opening very siow. indications lml.nd steady -im sellers. asking uneventy higher ds_on z00d to choice offer- IhEe ‘aroun 5. numerous loads con- Baentis hela above 545 Cwith Had snd sked for strictly choice hand: Nat Sugar N J (2) Nat Tea pf (55¢) Nat Transit (75¢) | Nat Unfon Radio_. Nebe! (Oscar) Nehi Corp Nelsner Br pf (7)- flu Trusteed Am B Trusteed A, By T Wellington Fund H | Stand S11&Ld (4¢) | Starrett Corp vic | Sterchi Bros a3dve Sterling Br alse - Sterling Inciase) Stetson(JB) s0c _ ’5! 71 { Stinnes(Huxo) d.. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) ww w1031 un-. 10 37 101 101} lnn’. 10 MONEY TO LOAN B )3 g 1 ‘55 ntl Securities [nterst “Bw 55 033 10335 1012 1101, 103 rzazz ¢4 2LRE! Cont'l G&E pr pf 7 Cont’l Roll & S Fy Cooper Bessemer Coop-B pf A aslc.. Cord Corp Cosden Oil Me (d) Cosden(Me)pf(d) Creole Pet (a50c) Crocker-Wh allc. Croft Brewing Crown Cent Patc Crown Drug (40¢) Crown Drug pf 1% Crystal Oil Ref _. Cuneo Press (2) __ Cusi Mex Mining . Darby Petr (50c). Dayton Rubber _. Derby Oil & Ref _ Dejay Stores t80c. Detroit Gasket t1. Det Gas pf (1.20). Det Gray Ir t20c_. Det Stl Prod al; Dohler Die C (a1) Domin S&C (B) Douglas(W L)pf_. 60 Dow Chem (2.40) . Dubelier Condens. Duval Tex Sab0c 3 Eagle Pitch d a60c 31 oL oy Nestle-Le Mur 4 | New Brad O allc N J Zine (t2) New M&A Ldale Newmont M a3¥% . N Y Shipbldg . N Y Steam N Y Tel pf (635) Niag H P(A) war Niag S Md B aéCc. Nipissing (ab0c) Noma Elec (a40c) North Am L & P N A Rayon A t1% No Cen Tex O al5e North'n Eurob Oil North States P A North'st Ens al% Novadel Ag (2) Ohio Edis pf (6) Ohio Ofl cu pt (6) Ohio Pwr pf (6) _ Okla Nat Gas Co.. 4 3 650s 16 1 .. 4508 258 Niag Hud Pw a40c 69 16 . 3 24 North AmL&P pf . b0s 2 5 K 9 1 2 Ohio Brass B (11) 100s 508 108 Y 324 | Okla Nat Gas pf_. 300s Oldetyme Distil Pac G&E 1st (1%) Pac Public Service Pac PS1stpfalls L] L ks 1 1165 16% (4 13 2% 1034 3% 653 3% 84 % 2434 26 3y 443 1073 10944 12 11634 17 % 13 2% 103 3% 6514 354 64 % 343 26 363 44y 1073 10934 1 | Stutz Motor -t | Sunray Ol (al0c) 29 Sunr'yOcupf2y 1 Sunshine Min (3) 39 Swiss-Am Elec pf 508 Taggart Corp 19 TalcottJ pt pf 2% 100s Tastyeast(Del)A . Tavlor Dist (30c). Technicolor a50c._. Tech Hughes t40¢ ‘Texon Uil & L 60c. Tilo Roof (t30c) . Tob Prod Exp 15¢c. ‘Tonopah Min aée.. Tr-Lux DPS t20c.. ‘Tubize Chatillion. Tubize Chatl (A). Cung-Sol Lamp n Tung-S L pf (80c) Twin-Coach a1.40 Ulen & Co 7% % bt Unexcelled Mfg Un GasCan a22%e Unit Chemical Unit Corp war..... Unit Gas Corp . ... Unit Gas C war __ Unit Gas pf(33%5) Unit Lt & Pw (A). B o e e Cmonas ZaBniE BONDS. PUBLIC UTILITY. Amer. Tel. & T Anacostia T Sy P Caostal Traction R. R 3s City & Suburban Georgetown Gas h. Gas 55 1860 Wash. Rwy. & Hlee. 43 MISCELLANEOUE, Cievy Chase Club 51as Col. Country Club 51 W. M Cold Storaze 5s STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) Capit lD.llw‘l"flnlil Co.. 1" com.’ (36] Wash: By: bty BANK AND TRUST COMPANIES. 2"1) Amer, Sec. & Tr. Co. (8¢) Bank of Bethesda (7 Gh) = Olvll-ltl gl: - meln Houston Oil 5%as International T Lacleds Gas Lis Long Island Gen Warner Bro Western N°¥ & er T & T Blas '43 Grand Rapids & Ind 4%2s T 4%s '3 t B3 130 Lake Erie & Wes! EARfer Vatiey conl m 34 & Pa b Western l‘lmnn Tel 58 '38_ _—— PHILADELPHIA PRODUCE. 37 118 ‘3R Nuhvme Bs '37 1 43 '40 The cember $1.925.530. the month. announced one week's tive ewes. 3.50 U. S. TREASURY POSITION. BY the Associated Press. Position, of the Treasury on De- ex penanunx 3537 851 Receipts for me fiscal year (since July 3 810, 8! expendit EXTRA PAY RECEIVED. NEW HAVEN, Conn., December 28 (#).—The National Folding Box Co. 1,000 employes. bo\ln steady: scattered ni ON REAL ESTATE at 50/0 Monthly Payments if Preferred Our Real Estate Officers Invite You to Confer $1 565, 055,06 35 beiance, jsaustoms receipts for that it had presented extra pay to each of its Money for C::-‘hufio- Loans Loans on Improved Properties The WASHINGTON LOAN AND East’'n G&F Asso 8 East’'n G&F pf(6) 350¢ East G&F pof 435 62 East'n Malle Ir 2 258 East'n States Pwr 10 East'n St Pw (B). 1 Easy W M B t50c.. 2 Eisler Elec (abc). Elec Bond & Share “l ElecB&Spf(5). 6 Elec B & 8 of (§) 8 Elg Nat Watch a2 200s El Pwr Assoc o .- ElPwr As(A)a25c & Elec P&L opt war 3 Elec P&L2dpf A 308 Elec Shareholding 1 Elec Sh pf ww (6) 100s Emp G&F 6% pt . 26s .| Emp G&F 7% pf.. 1008 Emp G&F 8% p*_ 7608 | Emsco Derrick t1 17 Equity Corp(a26e) 67 Europ'n El bd rts. . 19 1 Evans Wall Lead 7 Evans Wall L pf 2008 Ex-C-O A&T t60c 11 Fairchild Aval5e. Falstaff Br (al3%) Fanny F C (t50¢c) . Fansteel Metal .. Fidelio Brewery - Natl. Sav. & 1: Brince ‘Georaes B.AT. (.50) al Riggs -— Ril e ) l‘:!d(fib) . Loan & Tr. (8 FIRE INSURANCE STOCKS. American (6) Corcoran (5) Pac Tin spec 112) 400s Pan-Am Air (t1)_.. 3 Pantepec O11 - M6 Param’t Motors 3 Pennroad (a25c Ll Penn G&E (A)1% 2 Penn P& L (6)--. 508 Penn P& L (7) 208 Pepperell M{g(16)350s Phila Co (1)-_ Phillips Pkg a50c. Phoenix Secur . Phoenix 8 pf A(3) Pie Bakeries 11.60 Pines Wintfrt(n) Plon'r GM Ltd 80c 23 Pitney Bow(t40c) 4 Pittsbgh Forging 27 6034 | pit TRUST COMPANY Unit Lt & Pw (B)y Unit Lt & Pw pf Unit Milk P (a2’ Unit Prof Sh a10c. Unit Shipyds B .. Unit Shoe M 2% .. U S Finishing .. U S Foil (B) (1)~ USLinespf ... U 8 Radiator - -3 U 8 Radiator pf._ 100s U S Rub Reclaim. 8 Unit Stores vte __ Unit Verde Ex (1) Unit Wall Paper UtahP&Lp{32.91% 200s 66}4 Utilities Pw & Lt. 57 Utll Pwr&Lt (B). & Util Pwr & Lt pf_ 400s Utility Equities__. Util & Ind (new).. Utllity & Indus of. Venezuela Mex O Venezuela Petrol._. Waco Alreraft __. 35 | Wait & Bond (B)_. Walker Mining .. Wayne Pump (506 ‘Well't'n Oil of Del. Wentw tb Mf 1.20 W Va Coal & Coke Westn AirEx a3bc. 834 West Au Sup A 14 300s 70 ‘Westn Cart p£(6) . 26s 101§ lll)i “lu West'n Md pf (37) 10s 53 98 Ol.l ablo 2% FIRST DEED OF TRUST ONLY GEORGE L. BORGER 643 Indiana Ave. N.W. 'l 0350 PHILADELPHIA. _December 28 Uve r‘mltn fowl. Plymouth Rock: mixed colors. {aney. he 18: Leghe "54' s a8 1 Bs_'54A _ 1047 10 ‘48 105" 1 I B3, 66 C 104% 1 s '66 A1 & o - EEzsziis o ol lnl. hn" Pl!l ul s, 22a23: roasting thlclelu. fancy. 22a23; Reds. 21a22; .2 a: ‘pounds s, SEER :’;3%33333%32223 ooy >SS o»®553505% 1 16 1 3 1 Corp. Carpe! 2«0 Lanston Monot; Mergenthaler Lnotm o les Dr. B 255 dul:ll -mu l&llfl colored. IB try. turkeys, rn, -2'. 23 5] FRFRRREEES AR FRE S I it ittt SRS EFRREES, mn 70). Security 'Smnu l& Ter. ™. Wfl'd & lnth com (1. 55 Wdwd. & Loth. “( @) !2' illed. in boxes. 1582 'll ;. chiel Im.\l |n bol“ u-z.m Western 1181750 14a16: " cavons. Wester Butter. top grad "%m.:wv. 92 score, i 89. 33%; 88, & llfl 18 | Potrero Susar S 2% | Powdrell&Al t60c % | Pwr C'p(Can)a2be 13 | Premier Gold t120 21 | Producers Royal.. 193 | Propper-McC (d) . 634 | Prosperity Bal% 834 | Prudential Inv (1) 22 |PubSveindpf . 170s 13 13 |Pub Ut Sec prpf 1008 % %/ Pux Sd P&L pf(5)176s 11 | Pux 84 P&L $6 ot 176s 1134 1136 | Quaker Oats (t4) 308 119 118} 118} :: Quaker Oats p£(§) 10s 148 148 148 Ry & Lt Seca1.55 126s lfl% 228§ m N Ra Rwy&Util Inv(A) 1 el Lum (A) 1 K wum 3‘::*.. 9% Wolverine T t40c. Rainbow l.&llm ‘SBO‘IOO. Raymond Con a50¢200s ':“ Raytheon Mfg vie 2 otslar Bt “K ll‘t“ TRB Ygstn Sti Door t1 eed R B new 130 #1. | Tanch ki Dnet 1 l% m-u- (Dan) b0c. 7| Tuken (a13¢) Foster Dlfiu rates n ”)t R ybarn Coale.. 1 ON IMPROVED D. C. PROPERTY Immediate attention on your ap- plication for buying, rebuilding or refinancing. Loans payable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. EQUITABLE Co-opEraTIVE BUILD]NG ASSOCIATION 915 F STREET N.W. Organised 1879 223253 FESF FRETR Wis paLey o8 IGN POREI \‘l! 15. Bad Gon M 78 B2 o §—80c_pai Aullll‘ ll, 1936. 50c pai g % extra. ._""h 038. 50¢ pa ‘November 1 BIZISD HANLS RN IS . B S SRS METAL MARKET. Y --mu % mr-. June 30, 1936. ISENWEID = AN Rt S NAN DD 23 I B BB 1919012101 SDOPLODDDD D! l '"Dgisl 1936; 45¢ paid R R F SRR S 423 #EF monvnssnle San U. s TREASURY NOTES. FOREIGN EXCEANGES. Chas. D. Barney & G ot Sl ber Fisk Rub of (6)_. Iu- FlaP&Lopf ... 160s Ford Ltda181-10¢ 11 Ford (Can) A (1). 19 Fox (P) Brew80e 1 Franklin Ray aé0¢ 0 3008 .:- llltur & S = &® 5, 454830 Sty e i 222 S 22T 25 A Gen Alloys Gen E} Ltd a56%e Gen Invest Corp bttt P ShPd i3 NEW Y December ma.y"l m cent ail all money .fim‘ :’m iv‘.‘- 3 h n 3 i . .Slfl ok = 3 o Banmen T 1 3 18 SO B = Gen Tel ev pf (3) }9"" Gen Tire & Rub. A ot e SEEEN ;—-u».,_»-——..nu—;:. it e 83232223, v Ehveile Ssszsesss >