Evening Star Newspaper, January 7, 1937, Page 17

FINANCIAL. CORPORATE BONDS STAGE RECOVERY Rails Start Shakily, Steady and Advance. U. S. List Mixed. Bond Averages l lflflilll Ogl Psn Net change. +.3 Unc. Unc. —.1 Today, noon 98.5104.1 1024 73.7 Prev. day-.. 98.2104.11024 7338 Month ago__ 97.7104.21023 717 Year ago__. 88.8102.41008 70.4 1936-7 high. 98.2104.4103.1 73.8 1936-7 low.. 86.9101.8 99.3 67.6 - 8781022 99.8 704 - 764 922 845 655 - 458 400 646 422 -101.1 98.9102.9 100.5 10 Low-Yield Bonds. 113.5 Prev. day. 113.5 Month ago113.4 Year ago_110.5 1936-7high113.5 1936-7 low 110.2 1935 high. 110.7 1935 low-. 1079 1928 high. 1044 1932 low.. 868 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, January T7.—Higher prices ruled in the bond market today, with activity centering on domestic corporate issues. Following a slow opening, most sec- tions of the list gained support as trading proceeded. Rails, which started shakily, steadied and worked higher. Speculative carriers made gains rang- ing to major fractions. The United States Government group teetered slightly, with gains the more impressive. Improvement ranged to !a and losses to 2-32ds of a point. Foreign bonds moved up on light volume, with German and.Japanese issues out in front, up major fractions. Italian obligations edged higher and most South Americans made some headway. Waslungton Exchange SALES. Capital Transit Co.—10 at 15. Washington Gas Light—5 at 82. iges Bank com.—5 at 330. AFTER CALL. Capital Traction 55—$5,000 at 9415, $5.000 at 9415, Washington Gas 5s, 1958—8$1,000 at 108, Potomac Electric 67 pfd.—10 at 112%, 25 at 11213, 15 at 112!, Bid and Asked Prices. BONDS. PUBLIC UTILITY, Asked. Amer. Tel. & Tel. 4 a Wash' Gas 5s 19 ‘Wash, Rwy. & El MISCELLANEOUS. Cl\lumblz Country Club 5'2s Ma . M. Cold Storage 5s 100 STOCKS. PUBLIC UTILITY. & El com. (36)- Wash. By. & E1. ofd. 3 2 NK AND TRUST COMPANY. 0. (e8)__295 & Tr. Pr. Georces Bi. Riges (8)__ Riges pfd_ (5) Wachincton (8 Wash. Loan & T FIRE INSURANC! American (f) Corcoran (3) iremen’s (1.6 ational Union (.60) TITLE msumr«:r Columbta (:30) Real Estate’ (6) MIS Carpel Corp (2.00) = Lanston Monotyne (4) _ Mergenthaler Linotype ( Eeoples Dr. 8. _com. (11.00)° Peovles sz S_ofd. (6 Real Est_M&G. pf. ( ata Security siorase (3 *120 Jer. Rel, & Wh. Corp, 9 Wawd. 4 Yotk com (11307 13 Wdwd. & Loth, pfd. (7)_-- 120 *Ex. dividend. Book: sed. '«na 111 aig 125 80 15, 1936; 50¢ » eplld Aug. 50: Daid Nov. 16. 193 ra. h7&c” ex §i7% exita oaid Dec. 15, 1936, **25¢ paid June 30. 36, December 22. 1936. e DIVIDENDS ANNOUNCED NEW YORK. January 7.—Dividends declared (prepared by the Standard Sta- tistics Corp.): ‘45¢ pald Extra. Rate. Am Reserve lnlur Gt Am Insu Green (HL) Cfl Bochestér Am Sas NY 408 T2 Additional. Metal & Thermit Corp $2 lnernntl. Collins = Gre n_(HL) 50 l Y Mel’chlndiu Co 60c Decreased. Dividend Shares Inc_.ic Q Q Q CnP&Lin p( i GnP&L 6% bl o & Eneck cBy Interim. Distillers Co Ltd 7%% Bpiegel Inc Btand cap & Seal. Stand Cap & Sei $1.60 cv D! Resumed. Bou Dllrilel $4 non- BONDS ON N. Y. B!'!'I‘C'hlhllhmlh& TIEASUIV. 2348194953 cccee lDl II IOLII lfl.ll 2%s mi-u..-._ 1063 1062 1062 e isas 104,10 104.10 1039 108,10 102,81 108, 104,16 10417 10724 10724 10820 10620 10817 10817 108.13 108.13 108,12 108.12 109.13 109.13 10712 107.12 [l 104,11 108.10 FEDERAL FARM MORTGAGE. 1047 1047 104.7 10613 10811 10618 ~ 10627 10627 108.27 OWNERS' LOAN. 102,31 102,30 102.30 108 102.30 108.30 . 104.31 10430 104.30 FOREIGN BONDS. 21451942-44 _ 2% 851939449, 381952 Adriatic E| Akershus Antioquia 7s '45 i Antioquia 78°45 D_ Antioguia 18t 78°57.__ Antioquia 2d 78’57 new Antioquia 3d 78 "57___. Argentine 6s'57 A.. Argentine 6 Argentine 68 '5! Argentine 6s'59 Oct - Argentine 65 "60 May .. Argentine 6s ‘60 Sept... Argentine 6s '60 Oct__ Argentine 6s'61 Febr_ Argentine 68 ‘61 May. Australia 4% Australia 5s'55 Australia 5557 Austrian7s '37.. Belgium 68 '55 Belgium 6148 '49_ Belgium 78’55 Berlin Elec Brazll Olfis 101% 101% 101% 101% 101% 101% 102 10135 101% 10234 102% 1024 10234 10234 10834 1024 113§ 1025 10234 10234 10234 10234 102 102 10235 10234 1023 102 102 102 110 103% 1093 10934 10934 10u3¢ 1003 100 100}4 106%% 1064 106'; 10815 10834 10834 16 1e 194 194 @a o 43 a3y 48%5 44ly 6334 B3ly 815 82 805 803 86 86 183 101y 108 104 1144 434875 __ Buenos A 41;3'76 Aug Buenos A 6s 61 st Pv_ Buenos Aires 4%8-3%s'77 Pv., Canada 2153’45 Canada 3% s 61 Canada 4560 7% 10134 100% vd 103 11034 11034 11434 1145 24 2% 6\ Sept_. Chile 68 ‘62 Chile 6563 Chile 78 '42 Chile Mtg Bk 6s Chile Mtg Bk 6 Chile Mtg Bk 63,5 °61_ Chilean Mun L 7s'60.. Colombia 6s 61 Jan Colombia 6s ‘61 Oct. Col Mtg Bk 75’46 Covenhagen 4%s Copenhagen 58 Costa Rica is A '51 mu, loly. 6ll5 o0 1003 100 1014 101% 1054 105 8 TN k) il 2 T2 [T 106's 1065 183 183 122 122 T Cuba 535 45 Denmark 4 ¥ Denmark 5 Denmark 6s Dominic 1st §%s "4 Dominic 15t 6% 8 '42__. Kl Salvador 8548 ct__ Estonia 7s'67 Finland 65 '45 _ Frankfort 613s French Gov 7%s " Ger C Bk A 65°38 Ger C Bk A 6560 July Ger C Ag Bk 65’60 Oct. Ger CBk A 7s°'50 Ger Gov 5%s '65 s Ger Gov 5% 865 un st_ Ger Prv & City Bank con Ag 614858 Ger Rep 78 '4Y stpd. Greek Gov 63 '68_ Haiti 6852 ___ Helsingfors 6% Hung Con M 7s 46 Hung Con M 7%s'4 unmat coupon on___ Hung LM 7%s'61B__ ltaly 7s 51 Ital Crd P “’ Japan 51 '65 Japan 615 '54 Kreug&Toll 55 '59 cfs_ Lombard Elec 78 '52 Medelin 6138 "54 Mex 4s 10-45 asst 3 | Mex sf 5s Mex 65 "33 assi Mex Ire 412543 a Milan 63%s8'52 . ____ Minas Gers6s '58 Sept coupon off MinasGers 6145’59 Sept couponon _ New So Wales 5s New So Wales 58 i Norway * Norway 4%;s Norway 6s '63 Norway 6843 Norway 68’44 Oriental Dev 6: Panama 58 '63 stpas__ Paris Orl Ry 6155 '68._. Pernambuco 78 47 Sept coupon off.. Peru 6560 Peru 6s'61 Peru 7s°59 Poland 8s'50 Porto Alegre 7%s 66 July couponoft ___. Porto Alesre 88’61 June coupon off____. Prussia 6s'52______.. Queensland 78 °41_ Rhine W El P 6s°52 Riode Jan 61,8 53 Aug couponoff.___. Riode Jan 8s 46 April coupon off____ Rio Grdo Sul 65’68 June coupon off Rio Gr do Sul 75 ‘66 May coupon off Rio Grdo Sul 7s'67 June coupon off Rio Grdo Sul 8346 April coupon oft. Rome 61;5°52 . Rumania 7s '49 1043 104% 104% 10434 10434 10434 101% 10135 1013 104§ 10415 1083 10134 101 101 10683 1063 1063 108 108 108 8% 18 8y 100 100 100 “K 192 20 2 10 12 uz ne 20 20 20 v 26 264 2% 3 UK 2034 265 - 28y 28% 415 " cum el $1.15 westiand oft~ *"'51 Resular. Ame!!x Holding Corp_50¢ Regerve Insur _ 50¢ Arcner-Dlnm- Mid- Bt Im:‘i &‘ 'numltm“ 286 Metal & Thermit tal & “Th Shai My 1 _'_ $175 P rhvest o .,l:;.’ Ame{' $1.37% Q Bpiegel Inc 6%9% A u-zo II-M 3-1 U.S. TREASURY POSITION. By the Associated Press. 35 ‘The bosition 0( the Treasury on January Receipts, $24. 5fl9 410.30; expendi- es. _s.'ls 246.208. balance. !l.uu. FLSustoms uce\pn for the gs 500.9" ,731.76; 5 31» 712 expen Y '2 B udtag S1.408 030, a7.45 o( mzr ncy expenditures: excess re: "sx.us.an. 257.03: To3874. the fiscal year (since .mly Aug coupon off Saarbrucken 6s’ Sao Paulo C6%s ‘57 May couponoff .____ Sao Paulo C 8s°52 Sao Paulo 8t 78 *40.__. Sao Paulo St 75 ‘56 Sept coupon of Sao Paulo St 8s'36 July coupon —— Sao Paulo St 8s ‘50 July couponoff .__.. Serbs 78’62 unmco... Serbs 8s'62unmco... Shin’su E1 P 6%s'52.. Siemens & H 618 '51__ Silesia Elec 63:8°'46 Silesia Prov 78'58..___ Sydney 6%8 55 Taiwan El Tokio 5%s 61 Tokio E L Ltd 6s '53 Warsaw 7s°58 DOMESTIC BONDS. Adams Express 45’48 106 106 10035 100 10034 9634 “K IIH 6634 . 100% lom um 8334 . 1083 10834 lflk Am Intl 53849 Am Tel & Tel 3% 8°66. 102)4 102§ 1023 AmT&T4%8 ... U 134 118 s ChiB&Q Illdv 4s'49_ 112% " Chi Ind & Lou 48’47 8% 1% 3% | D ish, Zow. 2:85. 11134 1113 110 = AmT& T E%s'43 s 34 34 3% 24 12 124 104 104 104 »x 934 Ils 11834 11634 L1634 nou 11084 110% S04 114 1l Armour & Co 4% Armour(Del)1st 4.’65 A T&S Fe gen A T&S Fe 4%s A T&S Fe TSCL 4s Atlanta & Birm 4- 33. 38)4 38Y 8% Atla&Ch A L bs 44 1144 1143 114% AtiCoast L 1st 4 ll_. 10534 lfil)( 10534 Atl Coast Lclt 98 AtIC Lun4% Atlantic & D AU G& WI1bs B&O1stds'4s ~ 18 T6% 8% - 1161 118% 1164 Baoretis:ss &O s & O ref n zooo D.. &Oret6s'95C. 10134 1005 10134 10434 10436 104)§ B & O Toledo 4859 9744 914 973 Bang & Aroos cv 48'51. 11435 113% 11435 60 C.. 131 1308 131 9934 99 99 108% 10834 1058 82 82 82 815 w64 87% 6y 8634 Y 36% 304 363 10534 106%§ 1054 10834 10334 108% Bklyn Man T 438°66.. Bklyn Un El 5850 11434 114% 114Y Bklyn Un Gas 5845 __ 12134 12134 1213§ Bklyn Un Gas 58°57 B. 104 109 108 Bklyn Un G ref - 131% 131% 131% Brown Shoe 3%, -. 1086 1086 106 Buft R&P con 414857 91§ W1y 9% Bush Termcon 68°55_ T4% T4} T4 Bush Term'Bldg 52°60 6234 62 623 By-Prod Ck 538 "45._. 102% 102}4 102% Canada So 5562 A____ 119} 119}4 119§ N - 116 116 18 11684 1183 116% 11834 1185 118% 128 128 128 . 99 98l w8y Can dian Pac 4345 '46_. 103% 108% 103% Can'dian Pac 4348 °60.. 10b3§ 10534 105% CaroCL& O 68°62 A __. 110%§ 110}4 11045 Car & Gen s 106 106 108 Cent Br U P 45’48 36 36 36 Central Fdry cv 68°41. 190} 188 190 Centof Gacon 6s'45.. 334 323 Cent of Ga 5s '59 C 20 Centof Garf 5%s 204 Cent Ga Chat 4851 CentGa M & N 5 ll = Cent Ga Mobil = Cent IIIE & G b8 '51 = Cent N England 4861 Centof NJ 4s'87 Centof NJ gen6s'$ Cent Pac 1st rf 4s'4 Cent Pac s '60 Cert'd deb 5138 48 Chesap C cv 5844 Chesap Corp &8 l7 10634 1043 66 614 76% 7634 87 87 11254 112% 104 104 Wig 94y 136 136 1813 161% 10234 1028 10255 10244 12834 12834 10824 109 10834 10835 us 119 57% 58 115% 116% 1183 118% 10934 10934 112% 112 36% 8734 434 36% 102'4 10215 a8 3714 2y 23 @ 3 62 C & O con 5539 re, C&O R&A 18t 48" Chi& Altref 3s°49_ Chi B & Qgen 45’58 ChiB& Qrefbs'T1___ Chi B&QI div 33549 . 10934 Chi & E 111 58 "51 Chi & E I115s '51 ctf; ChiGL&C5s”. Chi Grt West 48 373 5% 102 9y 38 Chi Ind & Lou bs '47 Chi | & L gen 6866 Chi Ind & L ref 6s Chi Ind & L gen 65 '66_ CMStP4s'89 _ CM&StP gn 413889 C. CM&StP4%s'$9E. CM&StP6s 75 CM&StP&P adj 532000 Ch &NW gen 3358 °87_. Chi & NW gen 4s ‘87 Chi & NW 438 2037 _ 43 3 Int T&T 4348532 Int T&T 68’55 lowa Cent 1st&rt F&C4s" Jones&L 8tl 4%’ Kan CFS&M rt4s 3 Kans C So 1st 3s 50 2o 0 Kans G &E4%s 80 Keith 6846 Ky&Ind T 4 %s"61_. Kings Co El 48'49_. - 108 108' 108% | }°3 Laclede G 51860 D _ Lake E& W 1st & Lake S&M So 314 Lautaro Nitr Lautaro Nit 6; Leh C&N 4 Leh Val Har s- 54 Leh V P con 45 2003 Leh V Pcon 4345 2003 Leh V RR con 5s 2003_ Long Islref s 49 Long Isl unif 4x"49 Lou & Jeft Bld 4s 45 La & Ark 5869 L & Nash 3% s 2003 L& N unif 48'40 L & N So Mon jt 48 '53. MciKess&Rob 5% s'50 Manila RRS L 4s ‘5! Manati Sug 7%s" Man Siat 73 Manhat Ry 4s°90 = Manhat Ry 48°90 ctfs_ Manitowoc 3148 '41 Marion St Shov 65 '47_ Mex Int R 45'77 asst__ Mich Cent 4148’79 Mil El R&L 55 '61__ Mil Spa & N W 45 °47_ Minn& SLrf4s'49 _ Minn & St L 58'34 ctfs. MStP&SSM en 4838 __ MStP&SSM cn 58°38 _ MStP&SSM 55 °38 gtd oo Il 58 °59 Mo K & T 1st 45 '90 MoK & T4%;8'78._ MoK & T 58’62 A MoK & T ld) 5. 67 Mo Pac 4s'75 8 7! Mo Pac 55 30 H Mo Pac 55 '80 H ct; Mo Pac 5581 1 Mo Pac 5s ‘81 I ctfs Mo Pac 51849 A Mob & Ohio 4 2877 Mob & Ohio 5s ", Mob & Oh M div 58'47_. Mohawk & M 4s *91 Monong P'ub S 4313860 Mont Cent 58°'37. __ _ 3% 82000 Morris& Essex 414855 Morris&Essex 5s '55 _ Nassau Elec 48'51 gtd. Natl Dairy 33 Ni Mex 415857 an Natl Steel 4565 Nausatuck 1st 45 ‘54 New Eng RR 45'45 New I T&T 1st 5 New Jer P&L 433 New OrIT&M 4% 856 New OriGNRE 68 ‘33 A_ New Orl P S 5s JA_ 4| New Or1 P New Orl Tor 15t 1n New OrlT&M incos'3s New Orl T&M 63'51 B. New Orl T&M 515854, Newp&Cin B 414845 NY Centrul 338 97 NY Central 33,3 NY Cent con 4s 9! NY Centrf 41382013 NYCrf43%s2013n NY Cent rf 55 2013 NY Cent 45 42_ NY Centcv 6844 NYCLSh31;s'98 NYC Mich C3% NYC&St L 1st 4| NYC&St L 414, Chi Un Sta Chi& W In con 48’52 Chl& W Ind 41862 Childs & Co 55’43 Cin Gas El4s'68 A Cin Un Ter 31,8 D gtd CCC&St Lrf 413877 E CCC&St Lref 5s'63 D CCC&StLCW&M 48'91 Clev Un Tel 4 %8 Clev Un Term Clev Un Ter 5% Colo Fuel & Ir Colo & So 4158 '80 Co);;mbllG&ES- 10435 1104 »ilg 10334 102 105 110% 104% 104% 10434 10435 10435 10415 w:x 108'5 1054 10635 10615 10634 10784 10734 1074 107 106% 1063 1073 10734 10734 107% 10734 1073 103 10294 103 1044 104% 1045 102% 10234 102% 108} 10614 1064 10835 108% 105% m1m n n 634 63 63y 93 924 98l 1005 1008 100% bl 34l 36y 9% 193 19% 194 18% 19) 8% 8134 u2y 634 (14 1103 1108 11734 11734 11734 7 68 69 10934 10944 1094 . 46 46 48 104% 104% 1043 1634 11634 11634 10434 10435 10434 17034 17034 17034 Cons Ed NY 3%s u n. Cons Gas NY 4158 '51._. Consol O11 3348 '61 Cons Pwr 3%s ‘70 Container deb 5s'43_ Container 6s Crane Co 3158 °51 CrownC& S 48 '50. Crown Will P 68°51_ Cuba RR 7%8'36 ct!/ Cuba Northn §%4s°42_. Del & Hud ref 4s 43 Del & Hud 5%s'37 Den& RG W 6365 Dln & RGW 58'55a; roit Ed 43’66 F __ Det River Tun 4%#s61. 8 East Cuba 8 7%s°37 E Tenn lien 53 '38 ETV&Gacnbs'se El Paso Nat G4 El Paso NatG 4% Eru ev4s'53A Fed L&Tr 5542 st Fla EC Ry 58'T4 Fla E C Ry bs ‘74 ctf: Francisco Sug 6s'5 Gen Cable 533847 10634 1063¢ 106! Gen Mot Acc 38 46 % i 104% 1045 10434 97 welg 97 50 60 &0 10134 101 101% 1053 10634 10639 10434 10435 10434 1204 119% 120% . 10934 1084 109 10934 10934 10934 34 108 118% 118 1183 11834 118 118} Goodrich s 45 Goodyear T&! Great N Ry 4 Great N Ry 48 46 H _ Grt N R gen 448" Grt NRgen Hfil’" Grt NRgen6s'73C... Grt NRE%s'52B... Green Bay§s’62B.__. 1334 12% 13% Gulf M & N 58°50___.. 10134 101 101 Gulf M&NG5%8'50___ 106 106 Gulf St153%s 42 9935 95 9Y4 Gulf States Ut 4345°46 10434 104}§ mm 9034 9 9blg 87 87T 87 101%6 1013 101% 1083 1025 108 3 2 s Houston 01l 5% ao Hudson Coal 53 Hud & Man inc Hud & Man ref Ill Bell Tel 3148°70___ Ill Cent 3%s 52 111 Cent ol tr 48 °53__. I Cent ref 4865 111 Cent ref bs ‘65 _ f1FCent Lou l%“ll MiCent St L 3s'51._ I Cent W L 18t 4551 ICC&StL N O4%s'63. . lfl’l 10334 1038 10134 101%6 101% o1l Y Y 1013 101% 1013 ICK 4 l‘h IntGrt Nrés's2A ___ Uy Int Grt Nrad) 6563 A u 12% uu 1nt Hydro Elec 6s°44.. 833 80} NYC&St L 515 NYChi& St L NY Dock 1st 4 NY Edison 3% NY Edisref 31, NYL&W Ist4s'73__. NYNH&H 415 '67_ NYNH&H 48 57 ___. NY NH & H Cons Rys 48 NY H&HCon!l’lyl !\Y .\H& Hcv 6848 . NY O&W gen 4s°55 NY O&W ref 4s°92 NY Putnam ¢ NY Rys inc 63°65 NY S&W 2d 448 NY S&W 1st rf 58°37 NY S&W gen 5s '40 NY Tel gen 44s°39 NYW&B4%s'46 Niag Falls P 31,366 Niag Sh 5148°5/ Norf So 1st ref Norf 8 1st rf5s’ Norf & W 1st 4 North Am Co 53'61_ _ North Am Ed 6s '69 C_ Nor’'n Pac 48'97 Nor'n Pac gen 3s 2047 Nor'n Pac 4% 8 2047__ North Pac 6s 2047 = North Sts Pw 43¢5 '61_ North S P 1st5s'41 A_ North Sts Pwr 5864 __ Ogden L C 48°48 Ohio Edison 45 '65 .. . 101%; Pac Coast 58’46 __ PacG& E3%s'61_. PacG& E 4864 Pac RR Mo 1st 48°38_ Pac RR Mo 2d 5838 __ Pac T&T rf 3%s'66 B PanAmPCés'40 _ Pan Am PC 6840 ctfs_ Paramount Pic 6855 Parmelee 65’44 Fenn Co 4363 Penn Dixie C 68 Penn O & D 4168°77 Penn RR gn 4128°6 Penn P&L 4%s Fenn RR3%s'70C Penn RR con 414560 Penn RR deb 4 70. Penn RR gen bs "6 People GL&C rf 58'47- People G L&C 68°43 .. Peoria & E 1st 4340 __ Peoria & E inc 4s'90__ Pere Marq 4%s'80 __. Pere Margq 1st 58'56__.. Phila Co bs 67 7. Phila & R C&l 68'78__ Phila& RC&I 6s'49.. Philippine Ry 48'37 Pillsbury F1 M 6s°43__ Pitts&W Va 4%s°60C PCC&St L 4%877.C__ Port Gen El 4%s 60 Prt gn 1st 58 35-50 ext. Porto Rico A T 68 Postal Tel &£ C58'53. . Potomac El P 3%8°66. Pure Ol 4%8'50 ww_. Pure Ofl 41850 zw. Purity Baking 58 4 R-K-O 6841 Reading Jer C 4851 Reading R 4%8'97 A Rem-Rand 44 & Republic Stl 418 '56... Republic Stl 418 '61__ Republic Stl4%s°50__ Republic St1 5%8 '54__ Richfield Ofl 6a ‘43 Richfield O 68’44 ct! RioG Wcol 48 49A__. RIA&L 18t ¢%s 34 Rutland Can 4s'49___ Rutland RR 4% '41__ Saguenay Pw4 {8’66 St Jos & Gr 18] 48°47.. 8t Jo Ry L T&P 5 St L IM&S R&G 4s'33_ St LIMASR&S4s'33ct_ StLPENWSs'48__.. 37. 10134 10134 101 STOCK EXCHANGE 8834 8435 88) 84 K 18Y% 9% 76 8y M B M 101 10035 100 1083 108§ 1083 63 6234 63 Byy 693 69% Wy 9% 98y 985 98 9834 10934 10934 10934 10334 103% 108% 97 0 11“ 101% 1013 101 1083 108% 108% 65% 653 66y - 10024 100%4 10055 108%¢ 108% 108% 378, 37% 37% 37 31 3T 106 1042 106 10436 10434 104% 12874 12674 126%4 136 136 136 1009 100%4 1008 | A¢ 1067 1058 10585 108 108 108 1z nz a2 Wi Wl Wl v8 91 W1 109% 10935 10935 100 100 100 o 1061¢ 108% 1044 | s ns i 8634 B, [13%] 50 40 ’$| So Pac ret 103% 10334 26)5 27 268 264 122 122 10624 105% 106% 106% 1057 11136 1113 11134 824 81% 813 - 10674 10534 10515 1% 111% 111% 10634 10534 10634 103% 10845 108! 108 108 108 293§ 28% 29%4 1064 1065 1063 12134 12134 1213 107 107 107 10154 1013 8% % 8% 10735 1077 107% 110 11034 11034 10214 10235 10235 102 102 102 10834 106 106 58 86% 573 56% 10034 1004 8% 78% 10874 10634 106% 91, w9lg 10435 104 16 116 106% 10534 10534 10815 103 103 12614 126% 126% 106 105% 106 1223 1229 122% 1163 1163 1168 . 121% 12134 121% ¥8% ¥Bls W8l4 19 17% 19 103% 10334 1033 10535 1083 10634 106 1055 106 108 103 10634 10535 1053 46% 463 46% 28y 283 2T 228 107 107 107 8034 803§ 8034 a3 4% a2 106 106 106 126} 12056 126 10434 10434 10436 100 100 200 120 11736 120 1043 106 104 1083 108 108} 108 108 108 11 1083 111 99y 9815 99% 2954 991 994 1383 12914 1833 1093 109 1093 6 oo e 5 60 80 303 30 80y 32 30 32 104 106 104 112% 112% “”l: 854 84% 844 8334 835 8334 % 6 DS A Steel Ingot Rate Holds Unchang Despite Stnkes By the Associated Press. CLEVELAND, January 17—} Metal Trade today says: De'plu lhl ment suspensions ordered motive consumers, lleflmlklnl opera- tions at midweek are unchanged at 79 per cent of ingot capacity. Fallure of the ingot rate to reflect the automotive situation is accounted for by the fact suspensions by that in- dustry have permitted steelmakers to divert a larger proportion of produc- tion to miscellaneous and general manufacturing lines. Uniess the automotive trouble is pro- tracted, it is not believed steel produc- tion will be greatly affected. General consumers continue to press for de- liveries, although new buying is re- stricted. The tone of the market con- tinues strong. ——— INSURANCE STOCKS NEW YORK. January 1 (.—New York Becurity Dealers’ Association: Hlfl Alktfl Aetna Cas ("l) Am Surety Autommbile ( Eontinent Fid & Dep B S Natl Liberty (. N Hlmplhlre (1. uOl N Y Fire (.608) Nor River (.80a) Phoenix (24 Eroy Wash () = t Paul Fire (6a) Shrimgtield ‘4 t2a) Life grt Calves. 5aldi aid shippers, met f.o.b. Wash- ':Z‘:u pr de United Htates Buruu of ABitural Economies: GS—Market irregular. tionally lower on some classes o ed and dll(fl ergs ‘IlPl rices Bald shippers, o Washinston): G exnn hrle. . 8 extras. meflnumx. e dirds. Targe, 26 LIVE roul.'nw—uukn senerally quiet and steady. Turkeys firmer. Fowl wl: heavy, 16alR: Leghorns. 9all. C‘HE Virginia Rocks. broilers and (r"u l'li DPIIKIY! Cl’g!l!!, ] 8a’ G - 40 ey ) pounds : 8 & over. FEAT unds. e s old toma 14- 15: No. 2s. . Woolworth (F. W.) Oo—Deoember, sales were up 14.9 per cent; 12 montks | up 8 per cent; December, 1935, sales were largest for that month in com- pany's history. StLRM&P5s'55._ St L-S Fran 48 '50A St L SFu'SoAcl!l St L-S Fran 4%s'78 StL-S F4%s78ctst St L-S Fran 5s'50 B StPKCSL4%s 41 St P M&M ext 5843 _. San A & A Pass 4s'43. Schuleo G:Zl’lfl A stp.. 34% 17% 214 2014 134 lll 1us 10134 10134 1013 6815 685 68Y4 1028 1025 102% 107 1063 1065 - 108 Seabd A L 65'45 A 5 ctfs.. Shell Un deb 3338 Silesian Am 78’41 Skelly Oil 48 '51 Socony Vac 3% South Bell T&T § So Pac 4% So Pac 4%8'69__. So Pac 4%s’81. So Pac Oreg 4%s'77 So Ry gen 4556 A. So Ry 5894 So Ry gen 68’56 So Ry 6148 '56 SORyM&O 4s°'38 __. So Ry St L div4s’51_. 8 W Bell Tel 3%;s°64_. Southw’n G&E 4s'60._. Spokane Int 65’55, Staley A E 43’46 Stand Oil N J 3s 112 111%4 112} 9% 993§ 99% 3 10214 102 9275 98 102 106§ 1064 1064 35 387 36 10614 106} 1063 101% 1013 101% 1073 1073 | N a|OHAINS REPORT RECOVERY SPURS BIG SALFS GAINS Up to About 20 Per Cent in Wide Area. By the Associated Press. NEW YORK, January 7.—A meas- ure of the Christmas crescendo to the 1936 rise in retail trade was provided today in monthly reports of chain store organizations. Generally they confirmed expecta- tions of wide gains over December, 1935. In part the increase was attrib- uted to an extra shopping day during the 1936 Christmas buying rush. Nevertheless, the breadth of the gains was taken in trade eircles as evi- dence of a real buying splurge, fed by the year-end outpouring of extra divi- dends, wage increases and bonuses for employes. Chains operating stores in many 312 | States showed increases for the month ranging up to about 20 per cent. Improvement in December, riding the usual holiday shopping surge, out- ran for most reporting systems per- centage gains for the full year over % <1935 Variety ‘stores, feeling demand for toys and Christmas gifts, turned in impressive figures. F. W, Woolworth Co. reported December sales were nearly 15 per cent ahead of 1935, com- pared with a full year gain of slightly more than 8 per cent. The total rose to $45,505,958 from $39,588,510 in the 1935 month and for the year to $290,- 378,401, compared with $268,744,185 in 1935. 8. 8. Kresge Co. reported December sales totaling $24,350,698, against $21,- 551,894 in December, 1935, an increase of 12.9 per cent. For the year sales were up to $148,710,181 from 8133.- 885,837 in 1935, an increase of .8 per cent. The Pontiac Division of General Motors noted December retail sales set a new record for the month at 21,486 cars, an incrgase of 90 per cent over the 1935 figure. Following a year-to-year decrease Grant Co. stepped December sales up to $16,867,451, compared with $14,- 810,365 in the 1935 month, a rise of 13.9 per cent. For the year the total was $97,891,288, against $91,971,163, an increase of 6.4 per cent. Lerner stores figured December sales at a gain of 20 per cent over the 1935 figure, compared with a year-to- year increase of 15.6 per cent for the preceding 11 months. December busi- ness of McCrory stores was up 7.1 per cent, against a full year gain of 7.5 per cent. INVESTING COMPANIES NEW YORK. January 7 (#.—New York Security Dealers” Association: (Noon quotations.) Bid Admin Pd 2d_Inc Am Business Shrs Am Gen Eq In Am Ins Stocks _ Bahkers ‘Nat Tns™ Co ankers' Nat Inv Corp - Basic Industry L Broad Sl Zn' Bullock Fund Investors Find & st rs Gen Investors ni Group Sec Petrolenm Group Sec Equi Group Sec Steer Mass Tnvest Tr. Mutual Tnvest Nation Wide Sec ation Wide_ Vots 795 9% 1793 | 8¢ ~ 10234 1013 102}3 | Stand A Sul 10934 10934 1093 | SUDEr of An 1163 | T 116% 114 . 107 1063 10634 165 168% 166 125 12134 126 - 10434 10434 1043¢ 10236 101%§ 1024 11834 118}4 11834 1053 106 10574 10634 10834 108 10734 106 Studebaker ¢v 6845, Swift & Co3%s '50.. Symg G&G 5% ww. Symgn G&G 56 xw.. Tenn Cent 6547 __ ‘Tenn El Pw 6547 A Term Asso con 58 "44._. Lrexas Corp 3%s 51 Texas & Pac5s'77 B__ Texas & Pac 55’80 D__ Tex & P MPT 514864 Third Av ref 4s°60 ‘Third A ad in ex 58’66 Toronto H&B 45’46 ___ Tri-Contl Corp 58 '53_. UnEIL&P - Un Oil Calif 45°47 6815 68 6815 39 38y 89 10734 10735 1073 121 121 121 105% 1053 106% 108% 108} 10334 121 1213 121% 10034 10034 10014 1013 1013 1013 11654 118% 1165 10934 109% 1093 108% 1033 103% 86% 36} 35 153 149 153 107 106% 107 104 104 104 Un Pac3%s Un Pac 18t 45°47_. Un Pac 1st rf 45 2008 .. United Drug 6s°53. _. United Rys St L 4s'34. U S Pipe&Fy 3%8°46_. U S Rubber 58°47____ Utan L& T 58’44 (A)_ 1053 | 3 Am Trusteed Indusi = ‘Wellington Pun",. _!,hf' _— FEDERAL LAND BANKS 'ORK. January 7 (#.—Pederal Bank bond; 109% 10935 1093 | 43 TOBACCO MARKETS. RICHMOND. Va.. January 7 (P.—Vir- ginia’s cnly burley market at Abingdon Dassed_tne 5.000.000-pound day. w.nhan-emen zaid ¢ Teceivea $269.652.77 more the entire crop of nearly 8000, ‘pount marketed there last season, The dark-fired markets in the State were spotty yesterday with some reporting bet- ter pnce aver.zes and others citing a slight drop in offerings e Lynchburg ‘mafket saw an {mprove- ment 1 rloes over ine oreotins aay; Farmville sald offerings for the most part Utah P& L6844 . Util P &L 5859 ww. UUl P& L6538 47 Vanadium cv 58 Al___ Ver Sug 1st 78’ V Cz&P1st 4% Vl Ry 1st3%s'66 A 10534 10634 10634 36 3Ty K I % b & 10734 107 107 Wabash 1st 58 were not as good as Tuesday. however, higher prices were paid. Officials at Blackstone said they ex- fi"’ the average for the week to be the ighest this season, breaks were ted for the salés today, | o new arrangement a m house will ha nle fl"y 'Itb d sales allotted i spa Abln:don warehouses paid $1.879.169 for 5193408 pounds "ot leat.” compared $2.148.822 for 7.956. 000 pounds duflnl the previous season. Poundages and prices mhrd *Abin: ldo 432,61 Plrm tone —_. h 58 '80 Wabash & %- 2 76 Wabash 5148 ‘75 ctfs Walker H&S 4% Walworth Walworth g-nur Bros cv w W Sh 18t 45 2061 gtd__ W Sh 1st 45 2061 reg_.. West'n Md 1st 45 °52__ West'n Pac5s’46 A __ West'n Pac s 46 Aas Wen’n Un 438 '50 Westn Un cl 42 4 a2 88} 38 38 108 lom 108 86 e I'IM rm HK 'l!o 10854 10834 108% 99 »9 983 9435 943 9a% 10635 106 106 3 38 39 37% 89 -. 1113 11134 1113 w - 1005 10434 10434 West'n Un 6560 { W Sp Stl con 78 ‘35 ct... W SpStlist 78’35 ct Wilson & Co 48°55. WisCent st gn 48 ‘WCS&D ter ¢s'36 efs_. WisClstgn ¢a'49ct.. Y'ngstnS&T 3 Y'ngstn S&T 4 ax o0 ek 'ifl‘m uox uox nm 3 *Burley. NEW YORK PRODUCE. NEW YORK. nn\uln 7 (3. Ilu 126‘. tandard : .’3'-2"’39‘3'&'33'/, 28 mixed cplors unehange Butter, 5,537, about d Creamery. higher than extra. 35'/4:35 H enn 40" Score). 35l: frats (880 wcoren) 33% 550 setonds (hi 87 aoress. BIa%a: tralided (90 score Cheese 2 firm ‘and unchanged. coli™®, pm.l:gy firm. By freight. chicken: Rocks unquoted: fow oy Ba1s oiher trelent 24 i 'rum inchasest. !'REIGHT LOADINGS. NEW YORK. nmury 'lml.n —Menm {reight_carloadings ds report lor week Mefl .YInlllH ‘.! inel; Burlington .. 6u50 21715 fnn Manhattan Shirt Co.—Common share yesrumed November earnings, 10435 | 30, were $32, sgainst 92 cents. of 1 per cent in November, the W. T. |- FINANCIA DIAMOND TRADE auto- | December Increases Range|Prices Up 20 to 23 Per Cent in Year as Demand Brings Scarcity. BY J. G. DONLEY. Erecial Dispateh to The Star. NEW YORK, January 7.—Diamonds have come back in & big way from those evil depression days when “Un- cle” would take one look at a fine stone and shrug his shoulders. The “investment” demand for fine cut stone of 1 carat or more has been 50 persistent and appareintly limitless during the past few years that there is now something of a scarcity. Not only wealthy Americans, but East Indians, Britons, Austrians, Hungari- ans, French and Belgians, have par- ticipated in that demand. Sydney H. Ball, whose chapter on “Gem Stones” in the minerals year- book of the Bureau of Mines is the Bible of the trade in this country, says in his 1936 opus, just released, that the trade shows improvement in vir- tually every index. And he adds that “De Beers is so confident of the future that the Dutoitspan mine was reopened in March, 1936, and a sec- year.” Values Gain Sharply. Piecing out Mr. Ball's review, which covers 1935, with later estimates, find dlamond prices have increased 20 to 30 per cent during the last year rough stones in September, 1935. Prices of large cut stones also ad- vanced in 1935, while small polished stones, held back for a time by com- petition between the cutting centers, began to follow the up-trend of rough stones late that year. On the “investment” angle Mr. Ball makes the interesting notation that “India has been, perhaps, the most important buyer of diamonds in late years, and when the price of gold was raised converted much of its store into fme gems.” | The United States increased its dia- mond imports by about 57 per cent in 1935, and Hungary and Austria increased their purchases markedly, | the gem authority says. According | to estimates, the pace of diamond im- | portation into this country was sharply | accelerated in 1936, with a gain of 140 per cent in cut stones in the first eight months, as compared with the | like period of 1935. In the same period | importations of uncut diamonds were | up 137 per cent. World Sales Climb. ‘World sales of diamonds for 1936 are esimated by Dun & Bradstreet at $41,500,00, as against $31,250,000 in 1935 and $18,500,000 in 1934. Sales | of rough stones by the Diamond Trad- | ing Co.—the single sales unit which | since 1934 has functioned co-opera- tively for the principal producers— exceeded £6.000,000 in 1935, Mr. Ball finds, which was an increase of 55 per cent over sales for 1934. With the exception of Italy, recent trends have been toward reduction of tariffs on diamond imports. | Early in 1935 Japan reduced the tariff on diamonds from 100 per cent ad valorem to 5 per cent ad valorem on industrial stones and 10 per cent on gem stones. In February, 1936, Indian duties on diamonds were re- duced from 25 to 10 per cent. But in February, 1935, Italy in- creased the duty on precious stones from 3 to 6 per cent, and imports are strictly controlled. (Copyright, 1037.) RUBBER FUTURES. NEW YORK. January 7 (# —Crude rub. ber futures opened barely steady, 2 to lower, ~March, 21.60a04; May, ar%s: | July, 21.35 . | FIRST TRUST LOANS Long-term REFINANCING . . . Lowest Rates . . . 3-Year Con- struction Loans . . . 3% 8%% BOSS & PHELPS MORTGAGE 0. Loan Correspondent John Hancock Mutual Life Ins Oo. 1417 K 8t. NW. Investments First mortgage notes, 6% servatively appraised, new buildings i Washington and near- $500 up. Interest 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con- by Maryland. Denominations of Established Nearly 40 Xears TERMS LOW Al $7.50 PER $1.000 PER MONTH . SAFETY FOR SAVINGS PRUDENTIAL JUILDING ASSOCIATION B 1331 G 8t N.W. DL 6270 Room 308 n ond mine may be opened later in the g i we | Lou after an advance of 7!z per cent in | pa, L. Opposition Plan Drafted by Cosdenf Oil Stock Group By the Associated Press. NEW-YORK, January 7.—C. Shelby Carter, chairman of Common Stock~ hnldern Protective Committee of Cos« m Oil Corp., said today his commit- ue would submit a reorganization plan in opposition to that proposed by the management. In a letter to shareholders Carter de« clared several features of the manage- ment’s plan were “unreasonable and unwarranted.” Its provision for com= mon stock purchase options to the management and underwriting fees were characterized as unfair to equity holders, “The plan,” Carter said, “fails to take into account the increased earn- ing capacity of the company, as re- ported by the trustee during recent months, and overlooks the probabilities of future profitable operations.” The Federal Court at Fort Worth, Tex., is scheduled to hold a hearing on the management plan January 22. SHORT-TERM SECURITIES. (Reported by Chas. D. mrneyd& o&’v er. 1 y :lmvrn;r‘,&'l' 5 :l. 1943 Lake Eri s Lenigh Vailey Coal fs Long Isiand Gen & ¥ is. 4 Nash_ 5s Mich. Cent, RR. 4 .t Chi. & St. L. 45 19 New ank Dock 5s 193K NY. Sllsa & W. 5s 1037 of Mo. 4s 1938 Bern-Digie Cement 65 1041 Penna. R.R. 45 Vlnld)um Corp Warner Bro! Westn N_ Y. Western Union Tel. NEW YORK BAB SILVER. NEW YORK January 7 (#).—Bar suver nrm 2 hlgher at 453z OFI-'ICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Eye St. Phene NA 2184 m 1938 10415 Money for Construction Loans an Loans on Improved Properties 5Y2% FIRST DLED OF TRUST ONLY GEORGE 1. BORGER 643 indiana Ave. N.W. 0350 [t - 1 . N immediate tunds | Business Proj fiding or ick aetion 2 =< (< N On Washington Real Estate Current Rates and Courteous Treatment 17% - Kusaedl @ K STREET Nw. Thomas L. Hume Dealer in Stocks and Bonds located at 1412 G St. N.W. for twenty-four years announces the removal of his office to No. 212 The Colorado Building 14th and G Streets N.W. Washington, D. C. Established 1899 | Telephones: National Ii“-l!d] Tllinlnl.lscf Very Attractive Investments But to the average person who is limited in the amount he has available for investment g purposes it is sometimes diffi- g cult to separate the good from § the Qquestionable, and often costly thistakes are made. Save with SAFETY! Of all the investments pos- sible, the safest and soundest is unquestionably First Morte ProrerTy MANAGEMENT EFFICIENT mwhmm is . most satisfactory to both owner and tenant. WE specialize in the man- agement of all types of in- vestment properties and are now Managing Agents for some of Washington’s most important buildings WE would weicome the op- portunity of discussing your management problerns with you. Randall H. Hagner & Co., : Incerporated Real Estate 1321 Conn. Ave. N.W. DE. 3600 | gages on Homes. This association, under the § supervision of the United States Treasury, loans your money ONLY on First Mortgages in Maryland, Virginia and the District of Columbia.