Evening Star Newspaper, January 4, 1937, Page 11

FINANCIAL RAILROAD BONDS Carriers Off to Point or Year ago... 87.7101.4 99.7 1936-7 high. 98.2104.4 103.1 1936-7 low-. 86.910].8 99.3 1935 high_.. 87.8102.2 99.8 1935 low.-... 76.4 922 845 1932 low .. 45.8 7D.0 646 42. 1928 high_..101.1 9B.9 102.9 100.5 10 Low-Yield Bonds. Noon ....113.3 Prpv. day- 113.2 Month ago 113.3 Year ago . 110.2 1936-7high113.5 1986-7 low 110.2 1935 high. 110.7 1985 low.. 107.9 1928 high. 1044 1932 low.. 8638 (Complied by the An{)emnd Press.) By the Associated Press. | NEW YORK, Janujry 4.—Medium and low priced rail liens slid down in a quiet bond market today. Losers of fractions to a point or so were St. Paul 5s, Efie 5s, Missouri | Pacific bs, Nickel Plate 4l2s, Frisco | 4135, Southern Railway 4s and Rock Island general 4s. | Small losses in Amgrican & Foreign Power 5s, Anaconda Copper 4!3s, In- ternational Paper 5, Fure Oil 4%, with warrants, contrasted with limited gains in International Telephone 5s, Inter- national Hydro Eleciric 6s, National Dairy 3%s with warfants, and Texas 31,s. Youngstown Sheet & Tube 3125 yielded more than a|point. Around noon United States Govern- ment obligations weie mixed. Gains of about 1,32 to 2/3% of a point ruled in Treasury 37%s of 1943 and the 3'ss of 1952. Down aboutt 1/32 to 4/32 of 8 point were Treasyry 2%s of 1951, 1959 and 1954. Washington Efimnge SALE S. American Security & Trust Co.—10 at 290, 10 at 295. Mergenthaler Linotype—10 at 53, 5 at 53,5 at 53. | AFTER CALL. Potomac Electric 5!;% pfd.—1 at 113. Columbia Title Insyrance Co.—100 at 15. 100 at 15. Washington Gas mgfin Co.—32 at 80. Bid and Asked Prices. BONDS. PUBLIC YTILITY. Amer. Tel. & Tel. 4 Asked. & e 5 Eanital Traction K City & Suburban 5s Georgetown_Gas Ist Pow. fies| 1058 Wash Gas 55 ‘Wash. Rwy. L zm s MISCELLANEOUS Columbia Countrs b 5'as 10 M. Cold Storae 5s| Z 100 STO PUBLIC Amer. Tel & Tel (9) Camul Transit Co Steamboat Bor® tlec Pow. A7 El. Wash Ry & Bl BANK AND THUST coMm m_8Sec. & Trust Co ank of Bethesda | Capital (4) 2 Com. & Savines (a8 iherty (1) ircoln ({6 Kational Sa B Geees B A T Rices (R) Riges pfd. (5) Washineton ()"~ Wash. Loan & Trusi () FIRE INSURANCE. @) - 3 (1.60 TITLE IR Columbia (201 _ Real Estate (6) MISCEI Carpel Corp (2.00) Lanston Monotyne | Mergenthaler Linot Peoples Drug S. com| Peoples Drug S. pfd Real Est._M&G. American Corcoran Firemen's f W + Wdwd. & Loth. ofd. *Ex._dividend. bBooks closed. +Plus_extras. $30c paid May 1 D o ‘g"m nber, 13. 1836, extra, cember 15. 3 8 D” 30. 1936; 45c pald SHORT TERM SECURITIES. (Reported Ly Chjas. D. Barney & Co.) 3 Touisville & Nashiille 5s '3 ichigan Central| 45 40 Y. Chicago & St L 4s '37 1 Dock fs 38 enn-Dixie Cemer| ennsylvania R Rio Grande West| uthern Bell T & u Pac R R of Vanadium Corp Wabash Railwi Western Union 'CHICAGQ LIVE STOCK. CHICAGO. January 4 (® United Sutu Department ' of Aericulture).—Hogs. Oon Theluding 810 direct; marker 1018 lower than Satirday's average; or weak ith Thursday's general trade; top. 10.65: ik and | choice 170-300 " pound, gely 9.508 000: strictly steers in_moderate sup. eak: lower grades pre- enly to 25 3 u im n ‘wrriving et promises to low. steady lower grade flmm here stehdy to weak: bulls active and firm: welghly sausage offerings quot- able to 6.75; inost weighty kinds turn- vefalers unevenly higher at % above: '!Ithll htld 10.10 lnd 2 nothine done pn clipped lnmhr ewes. 4.0085.00, MONEY MARKET. m’-'aw Yol;elg. January 4 ¢ (i —Cl;l"mgy:‘! native per _ce: -ccelnlneu unghanged; 60-90 days. l'll'/l- ount: Fate “New % er dent. o NEW YORE BAB SILVER. NEW YORK, January 4 (#).—Bar silver steady| and unchanged from Thursday, Detember 31, at 45, A Z‘él 1949-53 .o 38194547 e ll‘l 1948-51... 23,8 1951-! E‘..--. 23,8 1956-59 2%s 1955-60._.. 381946-48 38 1951-55 % 318 1944-46 33,5 1940-43June 338 1941-43 Mar .'Hfi! 1943-47. . ___ a%s 3381943545 2% s 194247 381947 381949 _ HOME 248 1942-44_ 23,5 1939-49_ 381952 108, Abitibi Pa&Pw 5853 Akershus 5s ‘63 Antioquia 78°45 A. Antioguia 75’45 C. Antioquia 7845 D__. Antloquia 1st 7s'57. Antioquia 2d 78’57 new Antioquia 3d 7s '57 Argentine 65'59 June. Argentine 6559 Oct Argentine 65’60 May_ Argentine 6s ‘60 Sept. Arsentine 6s 61 Febr_ Argentine 65 '61 May_ Australia 432556 Australia bs . Belgium 75 55 Berlin Elec 65’ Brazil 6135 | Brazil 6 | Brazil 78’ Brazil 8s 41 Breda Ernesto Brisbane i Budapest 65 62 unmat coupon op Bue Ai41.5-4%s'7 | Buenos Aires 4%s-4%5s'76 April Buenos A 413876 Aug Buenos Aires 4145-3538 77 Pv__ Buenos A 6s'61 st P Bulgaria 7s 67 July coupon off Canada 2':s Canada 31,5 61_ | Canada 4s'60 | Canada 55 Chile 6360 Chile 6361 Jan Chile 65 ‘61 Febr. Chile 6s 61 Sept. Chile 6s 62 Chile 6s 63 _ Chile is 42 Chile Mg Bk 6s'61_ Chile Mtg Bk 6s 62 Chile Mtg Bk 6128 Chile Mtg Bk 6 { Chilean Mun L 7s 60__ | Colombia 6s 61 Jan | Colombia 68 61 Oct_ | Col Mig BK 6328 °47_ | Col Mtg Bk 78 '46 | Col Mg Bk 7s'47 | Covenhagen Copenhagen 5 Cordoba 7s 42 Prv Costa Rica is A '51 Cuba 518 45 | Czechoslovakia 885 ‘Lzecnoslo\nku $s5'52 Denmark 41,5 62 Denmark 5125 '35 | Denmark 6542 Dominic 1st § Frankfort 6138’5 Ger C Bk A 6838 Ger C Bk A 6 Ger CBk A 7549 stpd Ger Repis’49uns | Greek Gov 6868 | Haiti 6s°52 { Helsingfors 6138 '6 Italy 7s 51 Ital P U Crd 78 ’5; Japan 518’65 __ Japan 613854 Jugos Mtg Bk 78°57 unmat coupon » | Kreug&Toll 559 cfs_ Medelin 61,8 ‘54 Mex sf 5845 Mex Ire 41, Milan 6%s" Nord Ry 6185 Norway %8’ Norway 4148 '56_. Norway 5s '63 Norway 6543 Oriental Dev 6833 Oslo 4125 °55 .. Paris Orl Ry 5%s '68_ Pernambuco 78 47 Sept coupon off Peru 6s'60 Peru 6s '61 Peru 78’5 Poland 65 "40_. Poland 7s 47.. Poland 8s'50 Porto Alegre 7%s'68 July couponoff ____ Porto Alegre 8s '61 June coupon off Riode Jan 613853 Aug couponoff _____ Rio de Jan 8546 April coupon off ___ Rio Gr do Sul 65’68 June coupon off Rio Gr do Sul 78’66 May coupon oft Rio Grdo Sul 78’67 June coupon off Rio Gr do Sul 8s '46 April coupon off _ Rome 61,8°52 Rumania 7s'49 Aug coupon off Sao Paulo C 88°'52 coupon oft Sao Paulo St July coupon off Sao Paulo St 7840 Sao Paulo St 78 '56 Sept couponoft ____ Sao Paulo St 8s'50 July coupon off __... Serbs T8 ‘62 unmco.. Serbs 8s ‘62 unmeco._. Silesia Prov 78’58 Taiwan Elec 5%s'71__ Tokio 538 61 Tokio E L Ltd 6= *58_. Tyrol Hy Elec 7s 52 . Tyrol Hy El 7%s '55.. Uruguay 6s'60. Uruguay 6s'6 Uruguay 8s 4 Yokohoma 6s I Alleg Corp 58 '44 Alleg Corp b3 °49 Alleg Corp 58°50 stp _ Allied Stores 4158’50 _ Am & For Pw 68 2030 Am Icecv 53’53 Am1GCh 6%! 49, AmT& T 5%s 43 Am T F 2%8-55'38-'60 Am Wat Wks 65 '75 Anaconda deb 4%s '50 Ann A 1st exin 4s'95_ Anglo-Chil Nit 78’67 Ark & M B&T 58764 __ Armour & Co 434839 Armour(Del)1st 48’55 Armstrong C'k 48 '50 A T&S Fe 48°'05-'55 __ A T&S Fe gen 95 . A T&S Fe d%8'48 AT&SFeCA¢% 109.24 FEDERAL FARM MORTGAGE. 104.10 104,10 104.10 106.20 106.20 106.20 - 106,14 105.12 106.12 OWNERS’ LOAN. 102,31 102,80 102.30 TREASURY. High. 101.19 10113 Low. 109.28 102,30 108, 1068 105, FOREIGN BONDS. High. 8534 98 194 194 1934 19 16% Low. e 8% 1824 194 4 1085y 20 26% 3 “ “ 213 282, 241 21k 99 " 1083 864 Ty 837§ Y83 10084 10034 106% 0 804 263 3 4 «© 2% 283 24% 2% 983 10514 36 Tk 83 o8 293 € 163 ™ 8 10 ki 72 106 1014 1028 10144 5 10734 DOMESTIC BONDS. 7634 9% 101 214 20% 2034 223 59 6% 60 27 100%% 100 953, ¥bls 9Blg 651, 651 6514 101 82y 10034 80% 102.1 2:45. THE EVE High: Low. .. 36 38 AtlCoast L 1st Atl Coast Lielt AtIG&WI5s'5). - Auburn Auto 4%8°39... B&O1st 4. 4l Bell T of Pa 5s Beth Steel 33,8 '66 Beth Stl 43560 sf Bos& Me 4%s'61J Bos & Me 5855 . Bos & Me 5367 Boston N Y A L 4555 Bot Con M 61834 ct. Bklyn C RR 68’41 Bklyn Ed con 3% 8'66 .. Bklyn Man T 43%8°66. Bklyn Un El 5850 Bklyn Un Gas 58°45 Buff R&P con 413857 Bush Term Bldg 5560 By-Prod Ck 5%s'4 Calif Packing 58°40__ Camag 78 42 ctfs Canada So 58'62 & Can'dian N R 4% Camdian N R 4%s 57 Can'dian N R 4% 855 Can’dian N 58’ 69 July f‘nn dian N db 612546 i n'dian P db 4s ‘perp f‘ln dian Pac Cent Br U P 45’48 Cent of Ga con 58 '45__ Cent of Ga 5859 C Cent Ga M & ) | Cent INE &G 58'51 Cent N England 4s'61. Centof NJ gen 55’87 Cent of NJ gn 58' Cent Pac 1st rf 48°49 Cent Pac 5s 60 Cent Steel 8s '41 Cert'd deb 5,8 48 Ckfl‘tn{’nl ‘93 C & O con 5s°39 Chi B&QI div 3138’49 . Chi B&Q ll1dvds’¢ Chi & E 111 851 Chi & E 1115: Chi Grt West 4859 Chi 1 & L gen 5s°66 Chi Ind & L gen 6s 66 CM&StP en 3 89 B CM&StP245'89 c3 I&L:Pk 24} 552000 Chi & XW gen 45 31... Chi&NW Chi & NW rf Chi R 1&P rf 45’34 Chi R I&P rf 4s'34ctf . *hi R 1&P gen 45 °88 Chi 12 1&P 4= '88 ctfs . Chi l{ I&l‘ 41,8752 1&1’4’? H&S H&S Inc 5860 (h| Un Sta 31,851 | Chi U'n Sta 4544 Chi & W In con 4 Chi& W Ind 4% Childs & Co 5543 Cin Union Term LL('&b( Lrt4 CCC&St Lref 58 Clev Short L 413561 . Clev Un Tel 415877 ?/ClevUn Term 55’73 B 9634 29% 3 24 283 3% 3 i 7634 90% % [ 6914 o 8% 10034 100% 81% 87% 87% 387 10834 10835 10834 10634 106Y 11234 1123 1126 1% 111% 1% 170 169 1073 107 116 107 107 1164 3§ 107 107 118% 11034 110% 110% us 113 us | Clev Un Ter 5158 Colo Fuel&Tron 58 "43_ | Colo Fuel & Ir 5870 __ Columbia G & E deb 58°52 April Columbia G & E 58 52 May | Columbia G&E: 55 *61 | Com Inv Tr3 . Cons Coal Del ‘60 Cons EA NY 35,846 n Cons Ed NY 31;8°56 n % | Consol 011 3158 51 onsum P un 3% s 65 ‘ons Pwr3':s" Consum Pwr 33 | Container 6546 | Crane Co31:s 51 _ | Crown C& S 48750 _ | Crown Will P 6851 | Cuba RR 712836 ctfs Cuba Northn 51,542 Del & Hud ref 4 Del & Hud 51,837 Den & R G con 4 Den& R G W 58" Den & RGW 5#' Den & R G ref 587 Des M&F't D 48' Det Edison 31, Detroit }d 4s Det Edison 41 |DulSS & At 55°37 l-,azu Cuh. S 71837 6. srie ref 58°75 e & Jersey 68°55 Fed Lt &Trnc 63742 _ Ry Francisco Sug 6s°5 Gen Cable 51:8°47 Gen Mot Acc 38'46 Gen Mot Ass 3% 1 Gen Stl Cast 5138 °49 Goodrich 4%s Goodrich 6s°45 Goodyear T&R 5857 Goth Silk H 58 Gulf M & N 5%35'50 Gulf Sta St15%%8'4 Gulf States Ut 4% 546 Har Ry PC 1st 48°54_ Hock Val 4%s Hous B&T 1st 58'37__ Hudson Coal 58 Hud & Man inc 55 °'57_. Hud & Man ref 5s '57_. 111 Bell Tel 3%s ‘70 111 Cent 1st ex 335 8'51_ 111 Cent col tr 4s°52 11l Cent col tr I11 Cent ref 4s Il Cent 4% 366 _. 111 Cent ref 5s ‘55 111 Cent W L 18t 4s°51. 111 Steel deb 41;8°40__ ICC&StL N O 68’63 Inland St13% Int R T 1st rf 58’6l IntRT 6s'32 ——— Int Grt Nr 58°56 B... Int Grt Nr 5856 C._.. Int Grt Nr 63’52 A _ Int Grt Nr adj 6s'52 A_ Int Hydro Elec 4. Int Mer Marin Int Pap 1st 58'47A Int Pap ref 6s '5 Int T&T cv 43839 Int T&T 4%s°52 Int T&T 68°55 lowa Cent 1st&rfés'S1. James F & C 4539 Jones&L Stl 434 8'61A _ Kans C F S&M 4836 Kan CFS&M rf4s'36ct. Kans C So 1st 3550 Kans City So ref 5s '50 Kan C Term 1st 48 '/ Keith 6s'46 % Lake E & W 1st 58°'37. Lautaro Nitr s ‘. LV NY ¢%s'40gtd __ Leh V P eon 48 2003 . Leh V Pcon %8 2003. Leh V RR con 58:2008_ N - 129 1074 10735 10734 m( . 10634 106 98l 98 98y 9 93% 9 60 69% asy 83 835 88} 834 10874 1083 10834 101 2:4 38 15 101 104 J04 10634 10634 97 12034 12035 12034 . 13034 13034 13034 9934 994 99l4 10885 1084 108% 9% 853 105% 106% 108% 118% 113% 1224 1224 9034 903§ 613 6li§ 1024 102% 1043 104% 354 37 119% 118% 1155 11844 1194 118% 11684 118Y% 18y 127% 9814 10835 i 102% 10033 9914 104% 963§ 124 85 b3 124 85 102% 102}5 102% 101% 101% 101% 1 923 87% 935 % 80 9% 9% 10834 1034 10334 100% 100% 100% 10734 1074 16734 89% 8 8935 83% 97 104 18 127 104 96 101 106! 104 103 118 109 116 108 114 110 " 5 4 35 3% 56 (12 80 STAR, WASHINGTO! BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. Ligg & Mye Loew's 33 Long Islref 4s’4 La & Ark 5s '69 Lou & Jeff Bld 45 "45._. L & Nash 3%s 2003 L&N 1stés 2003_. L & N unif 45’40 Louv & N F&S 5. McCrory Stores 58 '51. McKess&Rob 53 8'50 . MeCRRclt4s'45 A .. Me CRR gn 4148'60A. Manati Sug 7%s'42 Man Sist 71,8'42 ctfs. Market St Ry 7840 A Mead Co 68 *45 Met Ed 18t rf 41,8 '68_ Mid RR N J 5840 MilER& S 58'61 MilER&SLrf5s'71 Minn& SLrfds'49 MStP&SSM cn 45°38 _ MStP&SSM 68’38 gtd. MStP&SSM rf 65 '46A. Mo K & T 1st 48°90. MOoK&T4s'62B... MoK &T6s A MoK & T adj 58" Mo Pac 3d ext 4; Mo Pac 48'75 Mo Pac 5565 A Mo Pac 58'77 F. Mo Pac 5877 F ctfi Mo Pac 5% 811 Mo Pac 5%8°49 Mob & Ohio 4158 °77_. Mob & Ohio 55’38 Mob & Oh M div 55°47 Mohawk & M 45 *91 Monong Pub S 412860 Monong Pub S 68°65 - Monong Ry 18t 45 '60 . Mor&Essex 315 2000 Morris&Essex 4158 '55 Morris&Essex 58 '55 Mutual Fuel G 55’47 . Nashv C&St L 4878 _ Y % NatR M 438’ Nat Ry Mex 4 Nati Steel 4565 New E T&T 412861 _ New Jer P&L 415860 New OriGNR 58 83 A New Orl P S 5852 A New Orl PS58'55 B _ New Orl Ter 1st 43 '53 New OrlT&M incsa'35_ New Orl T&M 58°51 B New Orl T&M 5856 C. New Orl T&M 518 '54. NY Central 33897 NY Central 3%s *46_ NY Cent 48°42 NY Cent con s \Y Centcv 6s 44 _ NYCLSh3!.8°98 NYC, NY Chi & St L 68 Dock 1st 4= v ( ¥ L& W 1st 4s ' L& W48 NY NH & H 434867 NY NH & H cl tr 65’40 NYNH&Hcv6s'48 _ NY NH & H Cons Rys 4854 48’551 | NY oW xon 4n’ | NY O&W ref 4592 | NY Putnam 4s 92 | NY Rvs inc 63’65 | NY Ry= 6565 A stp AY S&W 1strf 58" NY Tel zen 4155°39 NY Tr Rk 6546 stp_ NY W& BR4%n'46 | Niag Falls P 31866 | Norf So 1st ref 5561 | Norf S 1=t rf5s'61 cfs_ | North Am Ed 5% '63 C_ | North Am Ed 51563 | Nor'n Pae gen 38 2047_ Nor'n Pac 48’97 Nor'n Pac 4897 reg._ Nor'n Pac 4748 2047 North Pac 552047 C r'n Pac 5% 2047 D Nor'nPachs20 NorthStsPw 4 North S P 1st North Sts Pw Ogden I.C 4848 Ohio Edison 4s '65 Ohio Pub Sve 758 Ont Pwr Niag 5843 Orez RR & N 48°46 _ Oreg Sh I, 58’46 gtd _ Oreg W RR 4561 Otis Steel 63 41 PacG& E3% Pac G & F148°64 Pac RI2 Mo 2d 5838 _ Pac T&Trf3%s'66 B Pan Am PC 68’40 = Pan Am PC 62'40 ctfs_ Paramount Pic 68’55 . 1 enn Co 45°63 Penn DixieC 6 Penn P&L 4%s ‘81 Penn RR3%s'70C Penn IR cn 48'48 stp_ Penn RR 4% 5’81 D PennRR 0‘/4! 84 Penn RR gn 415865 __ Penn RR deb 4155 70_ Penn RR gen 55 68 People GL&C rf 58'47_ Peoria & E 1st 48’40 __ Pere Margq 1st 4 Pere Marq 4%s Pere Marq 1st 5i Phila Co 58 '67 Phila Elec Co 48°71 .. Phila Elec Co 45 Phila & R C&1 5i 1 % % % ] 3 ] ] '4 ) 3 Philippine Ry 48°37 _. Pillsbury F1 M 6s'43 Pitts&W Va 41,8°'59 B Pitts&W Va 4%8°60 C PCC&St L 4% Port AC&D6s'53 A Port Gen El 414 Postal Tel & C 58 Pure Oil 4% 8’50 ww Pure O11 44 5°50 xw__ Purity Bak 5848 R-K-O 6s'41 - Reading Jer C 48’51 . Reading R 41,897 A Rem-Rand 44 s'56ww_ Republic St 4%s'56 Republic Stl 414861 _ Republic Stl 4%8'50 _ Republic Stl 534854 __ Revere Cop 48 '56 Richfield Oil 6s 44 Richfleld O 65’44 ctfs . RG W 1stexin 4s'39_ Rutland Can 4. - Rutland RR 434841 __ Saguenay Pwé{s'66__ St Jos & Gr sl 4 St L [M&S R&G 48'33_ St L-8 Fran 4s ‘50A St L-S F 4850 A ctfs. 7234 1013 | 8 98y ¥8lg 10 7134 % kid 3y 3y 99% 993 99% 10534 105% 10634 62y 621 62y 694 69% 9% T 98}y 98 1093 10934 109} 98y 98 98 Seabd A L 48’50 stp . Seabd A Liref 4859 _ Seabd A L Seahd A L Seabd A-F168°35 A ct Shell Un deb 334851 Silesian Am 7841 Socony Vae l%l '50. by 995 983 98%4 % 6635 65 L 1013 a8 IOI% 0L 3834 8 8 33 993 99% 10834 10815 mu 1023 102% 68y 683K 4 Tl T4k [ 108 [ 4 S0 Pac (Cab) ba 37 8o Pac Oreg ¢%s'7 SoPacSFT 4 So Ry gen 6s§6______ High. 1 Low. 2:48. 126 126 10134 101 10134 106 108 106 9 98 W8 11236 11234 11214 Y Y% NY 10834 1083 108% 10934 10984 M 10835 108% 108% 1143 11436 114% 10234 10334 10334 106 108 108 104 108% 108% 1045 10435 10435 2 81y 82 86 [ 863 8634 1023 1083 10236 . 1053 105% 105% ION( lfl IM)( B lux xuu umi 106 10474 10424 | NY \Hkuvnn-mu'» 101% 10734 107 m 10214 108% b5avg 5415 1008 1062 9974 105% 10884 11685 - 1100 10835 62y (3 82 %0 %0 | a2y 82y 104 108 11214 11235 8 & S04 29 3 126 13Y IMK llll( m!& lol'/i IM( lflh 1023 l:&i 102 9436 9436 94l 10314 10335 16334 9 99! 10934 1083 108} SR T T us ”» D. C., MONDAY, JANUARY 4, 1937. PROSPEGTS 600D IN COPPER TRADE Increasing Use of Electrical Appliances and Auto Quotas Watched. By the Associated Prum NEW YORK, January 4—B. ! Caddle, secretary of the Copper & Brass Association, pointed today to building expansion, rural electrifica- tion, increasing home use of electrical appliances and New Year automobile sales quotas as factors contributing to a “most encouraging” outlook for the copper and brass industry. “Executives of the copper mining industry and brass fabricating indus- try are optimistic about business con- ditions,” he sald. “It is reasonable to believe that many new records for the consumption of copper products will be established.” The past year, he noted, was the best the industry has enjoyed since 1929, with fabricating plants in this country operating most departments at between 85 and 87 per cent of ca- pacity. “Sales quotas fixed by executives of the automobile and truck industry approximate 5,000,000 for this year,” he said. “If this quota is fulfilled the consumption of copper and its alloys by the automobile industry will approximate 250,000,000 pounds. “A resume of forecasts indicates that between 425000 and 450,000 new housing units will be constructed this year. That is almost twice the number of units constructed in 1936 and consumption of copper by that | industry will rank third to the elec- trical and automobile fields.” Washington Produce BUTTER—Range of prices to_stores sathered from sale dealers (prices tg sed on Philadelphia and | One-pound prints. car prin 1-pound prln!s, (l!lfln 1’.0 und prints, te ound prints, ound prints, (ub (92 score), tub (91 score), very nronl MlATS—Chulce be!l lambs. fresh h. 3 compound. 14 U\'S STOCK —| o : medium 0 roughs, tas} 16; 3 ed ham. 2 . bacon, sliced, lard, 16, ll 0’ : light hogs, 'a: heavies, clll!l. bll?. lambs. Prices paid shippers. net 1. - inaton. by the United ‘Biates "Burens *bi Acricultural Economics: EGGS— Market weak. cents lower. hennery Prices 1 to 2 Curr!m receipts. 2615227 whites. “7a Government | and dated white exes (net prices | shippers. f. o. b. Washington): U. S. gytras. larae. U. S.extras, mediums, U. 8. standards. large. 29. “'LIVE_ POULTRY — Market quiet_and steady. Fowl: Colored. heavs. 16a18: Leghorns. Siall. Chickeps: Vir- | ginia Rocks. broilers and fryers. 18 Delaware crosses. 18a20. Guineas youn! 2 pounds_and up 40 each: under Pounds, 25450 exch: old cuineas 20225 | each. Turkeys: Youns hens. 18a1#: young toms. under 19 pounds. 15: 20 pounds and over, 16al17; No. 2s. 12; old hens. 14: old toms. 11. generally | s and Vegel Sales in Targe lots by o up to R a.m. today Al arrivals are since Thursday's report. PP] Two Washington arrived: two Supplies mod- market steady. llnhrnken Cars on track. erate: demand moderate: Bushel basets. Ny Stayman: “hdnth mmmum 1 minimum. 1.50a1.60: 1.65a1.75; Grimes, Pennsylvania. Yirginia. compinatien aym 1.60: size, POTATOES—One ldl)m three Maine, three New York. four Pennsylvania ar- ved: four broken and nine unbroken on track. Supplies moderate: de- mand moderate: market alightly: stronger. 100-pound sacks, U. 8. No. 1. New vork s )0: Pennsylvania. round : ‘Idaho Russet Burbanks. orids. bushel crates, Bliss 1 CRHBAGE —Two New York_ two Penn- a. . three South Caro- two broken and six unbroken receipts liberal: moderate: market South ~ Carolina. pointed type. fi truck receipis. 1.00; old ' stocl York, ‘?II -pound ks, domestic pe.’ 7 VR ARROTS —Three California arrived: two broken and two unbroken cars on track. Supplies moderate: demand mod- erate’ market steady. fornia. Western lettuce crates, t-do Texas. | half-crates. 1.60: bushel batkets, topped. washed. CAULIFLOWER—Four Ca rived: one car diverted: two broken and two unbroken cars on track Supplies moderate; demand moderate: mlrku nenav California, crates. 1.50a1 LERY—Four California lrnvzd one ot diverien: whe acl \upBlies. liberal steady. ~ New 1%a-bushel ht receipts. 1.4 e “round n. Penngyly ‘California ar- broken and three 'é“’""'a““e.a"e“.‘é“'&.xn steads emand moder: 5. 15, crates. individually washed and 508 Fe-cooled. 75, > LETTUS r'Arizona, one California arrived: five broken and two unbroken cars Sunplics liberal. demand mod- erate: market steady. . Arizona , gwestern crates, Iceberg type, % doven High. Low. 2:45. 102 101% 102 92% 924 92% 109% So Ry 634856 _ So Ry M& O 45°38 _ 10614 1063 Stand Ofl N J 3s°61 _. 101% 10134 10834 107 157 187 1013 10114 1064 10534 106 106 10634 10834 108 108 61 67% 38% IR 108 108 108% 10336 121 121 108% 106% 1074 10715 100% 100%§ 101 101 1153 1163 109% 1093 107% 107% 103 108 Swift & Co3%s"50 __ Symg G&G 5% s ww__. 1 Tenn El Pw 6s '07 A Texas & Pac 58'79C . Texas & Pac 55°80 D Third Av ref 4s'60 Third A ad in ex 5 Tol & Ohio C %48 lo Tol St L & W 4s°50 Tri-Contl Corp 5s ‘53 Un PlL&Pi!‘E\T Un Oil Calif 4 Union Pac 318 70. Un Pac 3%s'71 Un Pac 18t 48’47 Un Pac 1st rf 4 2008 United Biscuit 58 '50 _ United Drug 58’53 U S Rubber 5847 Utah L& T 5844 (A)- 121% - 108 - 108 1005 101 15% 10934 1074 103% - 107 1083 103% 108% 106Y 1083 66 66y UtlP&L 5% 6815 6RYg 10934 1093 | Grou DIVIDEND RAISED BY BARNSDALL OIL Payment of 25 Cents a Share Planned Compared {0 Previous 20 Cents. By the Associates Press. NEW YORK, January 4—Barnsdall Oil Co. announced s dividend of 25 cents a share on its common stock, payable February 1 to holders of rec- ord January 14. Previously the com- pany paid 20 cents quarterly. Household Finance. Directors of the Household Finance Corp., with headquarters in Chicago, declared a quarterly dividend of §1 a share on common stock, putting it on 2 $4 annual basis against $3 previously. It is payable April 15 to holders of record March 31. At the same time a quarterly divi- dend of $1.17 was ordered on the participating preference stock com- pared with 8712 cents previously. Outlet Co. Directors of Outlet Co. declared an extra dividend of 75 cents a common share and a quarterly dividend of 75 cents, both payable January 28 to stock of record January 18. On No- vember 2, last, the company paid a quarterly_dividend of 50 cents and an extra of 25 cents. THURBER NAMED TREMAN PARTNER | Governor of New York Exchange Joins Brokerage Concern. Other Changes. B the Associated Press. NEW YORK, January 4.—The tra- ditional year-end shuffiing of Wall Street personnel brought announce- ment that Alfred E. Thurber, gover- nor of the New York Stock Exchange, has been admitted as a general part- ner in the firm of Arthur B. Treman & Co. Thurber, one of two members - of the exchange governing body who rep- resents the bond division of the mem- bership, was for 25 years a partner of Rhoades & Co. & Co. announced W. E. Boeing of Seattle had been admitted as a spe- cial partner. At the same time the Orleans as a general partner in the firm and his election as a special partner was announced. Boeing founded the Boeing Air- plane Co. of Seattle, put has since retired from the company. Wolf was formerly well known as a cotton mer- chant. 'SLIGHT RISE SHOWN BY INSURANCE STOCKS Sgecial Dispatch to The Star. NEW YORK, January 4.—Insur- ance stocks in the New York City ! market registered little change during the past week, closing slightly higher, according to records compiled by Hoit, Rose & Troster. The aggregate value of 20 leading December 31 totaled $648,852,000, com- pared with $644,636,000 at the close | of the previous week, an increase of - $4,216,000, or 0.65 per cent. This represents a decline of $54.- 841,000 over the aggregate market e of $703,693,000 recorded on January 3, 1936, and compares with a high of $731,187,000 registered on January 24 and a low mark of $609,- 240,000 touched on April 29. INVESTING COMPANIES NEW YORK. January 4 /P .—New York Security Dealers’ Associatiol (Noon " quotation: Admin Pd 2d Ine Am Business Shrs Am Gen Ea Inc Am Ins Stocks Bancamer Biair Depos Diversified Dividend Shrs Eauity Corp $3 pf_ Fidelity Fund Inc Boston_ Corp 000 . 8ec Invest Shrs_ ... Sec firclhlnfllle... Sec Tobacco - Holding __ Incorp Investors Insurance Group 1133 11334 | IV S2323352 PEpat »% Shencer, sk Pusd ncer Tras! Stand Am. Tr Shrs Stand e Incors Super of Am Ir A Super of Am 'x‘r AA 108% 10674 | SU Trustee S!ln Trusteed A k B_ usteed lndumv Bhrs. Wlllln!ton Pund Vanadium cv 58°41_ Ver Sug 18t 78'42 ctfs. Va C&P 1st 4138’34 as Va E & P 1st ref 48'55 VaIr C&C 18t 58’49 Wabash 415878 Wabash 43578 etf Wabash 1st 58 '39 ‘Wabash 2d 5s°39_. Wabash 55’76 B Walworth 48’55 _ Walworth 55 n 98 993 35 363 TR 10935 10984 653 65l Warner Bros cv 6s Warner-Quin 6s ‘39 W Sh 18t 48 2061 reg_ 'n Md 1st 48°'52__ n Pac3s'46 A n Pac bs u A as 1115 11136 11134 1043 10434 10434 i ok a1 24 4 28H 127 1263 1263 1043 10434 10834 FEDERAL LAND BANKS NEW Y Bank i nor FOREIGN EXCHAN! GIS. NEW YORK. January 4 # —I exchange steady; Great Britain in ‘alllrl. others in cents t Britain demand. 4.91: 0. France, demand. 4.81: Italy demand, 5.26 bl mn Switzérland Boriaal s.40%; llru Czechos| General Theaters Equipment Corp. —Cempany announced that it had paid off ‘& $2,000,000 loan from the e 2 3 Bani : ‘The exchange firm of E. A. Pierce | retirement of Albert J. Wolf of New | fire and casualty insurance issues on | FINANClAL Backlog Large In Machine Trade At Year’s Start B the Associated Press. HARTFORD, January 4.—Clayton R. Burt, president of the National Machine Tool Builders’ Association and head of the Niles-Bement-Pond Co., said machine tool builders en- tered the new year with a large backlog of unfilled orders and looked ahead to “continuation of rising de- mand for all classes rf equipment.” Value of machine tool orders placed in 1936 topped 1935 figures by 50 per cent, he noted in a New Year state- ment, with foreign demand an im- portant source of buying. “Many important groups of machine todl users are busier than they have been for* five years,” he declared. Many plants are under-equipped to take care of growing demand, and additions to employment wait instal- lation of more tools to expand produc- tion facilities.” RETAIL VOLUMES UP12 PER CENT Président of Dry Goods As- sociation Estimates 1936 Sales Gain. By the Associated Press. BOSTON, January 4.—David E.| Moeser, president of the National Re- | tajl Dry Goods Association and gen- eral manager of Conrad & Co., esti- | mated 1938 sales of department stores and apparel specialty shops would show a gain of about 12 per cent over 1935, when the returns finally are tabulated. “Sales throughout the country for the recent holiday season set a new high figure for recovery,” he said in & New Year statement. “It is worthy of note that during the past 12 months customers have | En buying better quality merchan- “At the close of 1036 retail stocks | of merchandise were not excessive, ‘whlch will require rebuilding of in- | ventortes in keeping with continued favorable retail trade during the year ahead. “There is definite evidence that we | are changing from a buyer's to a sel- ler's market. Due caution must be exercised so that this transition does not result in unwarranted price in- | creases out of proportion with in- Lreases in real wages and consumer | purchasing power. | “Retail merchandising—in a period of rising prices—will present many complex problems during the year | ahead. But I think I can safely say | that retailers are optimistic on thg outlook for the next 12 months.” RUBBER FUTURES. NEW YORK. J —Crude rubler futires opencd weak. “ah to | Jower. oMarch. 20.56a30; May, Yo.30u40; FIRST TRUST LOANS Long-term REFINANCING . . . {| Lowest Rates . . . 3-Year Con- struction Loans . . . | | 3% 8%% BOSS & PHELPS MORTGAG! £o. Loan Corresponden John Hancock Ilunll.l uh Ins. Co. 1417 K Bt NW. On Washington Real Estate Current Rates and Courteous Treatment Pooy l Rusrdl € K STREET Nw. First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO. COMMISSION CHARGE NO RENEWALS REQUIRED T T we A1l FREIGHT LOADINGS AT 562218 MARK 23 Per cent Decline Leaves _Total 20.5 Per Cent Above Year Ago. P 0!0 ‘The association o( American Rail- roads reported today loadings of reve- hue freight for the week ending Sat- urday, December 36, totaled 562,218 cars. This was a decrease of 167,478 cars, or 23 per cent, compared with the preceding week; an increase of 95,530, or 205 per cent, compared with a year ago, and an increase of 136,814, or 32.2 per cent, compared with two years ago. __The week's loadings of various class- ifications, giving comparisons with preceding week and corresponding week a year ago, follow: Tals Last week. week Miscellaneo 78 —73.369 Miscellaneous 224.878 —73.563 ~13.636 < k2 + 4444 3209 44 132888 —31312 123858 —38ia3 24,188 — 9819 15,110 — 5423 9861 — 4906 tricts ... 7,199 —3.897 Pnrm prod- 59 28,399 7523 Western dis- 28 7332 + 11.38% 1878 - 5% + 1867 + West Virginia Pulp & Paper Co.— common share earnings, year ended October 31, were $1.08, against deficit of 11 cents a common share in preced- ing year. Money for Cnml:ho‘ ion Loans an Loans on Improved Properties 2% FIRST DEED OF TRUST ONLY GEORGE I. BORGER 643 Indiana Ave. N.W, Nat'l 0350 Safe Investments First mortgage notes, 6% well secured on con- Washington e by Maeryland. Denominations of $500 up. Interest 6% per annum. Bndley, Beall & Howard, Ine. Southern Bldg. Phone Nat. 0271 Established Nearly ¢0 Years First Mortaace Loans District of Columbio— Nearby Maryland — Properties Terms from m 3 to 15 Years Also Monthly Payment Loans Randall H. Hng:er & Co. MORTGAGE LOAN CORRESPONDENT New York Life Imsurance Co. 1321 Conn. Ave. N.W. DE. 3600, Homes Apartments Business First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia - U Tasive - 949 NINTH STREM,. NW. B.F.SAUL CO. 928 15th Street Natl. 2100 complying with SOCIAL SECURITY ACTS A complete unit covering one year for recording the required GENERAL PER- SONNEL INFORMATION; WEEKLY PAYROLL FORMS showing time, earn- ings, exemptions and deductions; YEAR- LY SUMMARY OF PAYROLL; and COMPUTATION OF and Federal. TAXES both State Book accommodating up te 35 names *6 Book for 60 names, $7.50 Also Aveilable in Loose Leaf Sheots cinde* PAPER COMPANY STATIONERY STORE 718 13th Street N.W,