Evening Star Newspaper, January 8, 1937, Page 19

FINANCIAL. (ORPORATE BONDS HAVE MIXED TONE Junior Rails and Some In- dustrials - Gain, but Others Slump. Bond Averages 20 10 10 10 Rails indust Util Pgn Net change. Unc. +.1 ==t Today, noon 98.5104.21025 73.4 Prev. day... 98.5104.11024 735 Month ago. 97.5104.21024 7138 89.2103.0 100.7 70.6 98.5104.4103.1 73.8 86.9101.8 993 67.6 87.81022 998 704 764 92.2 845 655 1932 Jow. 458 40.0 646 422 1928 high_..101.1 98.9102.9 100.5 10 Low-Yield Bonds. Noon ....113.6 Prev. day. 1135 Month ago 113.4 Year ago_110.6 1936-7high113.5 1936-7 low 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 1044 1932 low.. 8638 1935 high.. 1935 low. (Complled by the Associated Press.) B the Associated Press. NEW YORK, January 8.—Lower- priced railroad loans and some in- dustrial issues moved narrowly upward in the bond market today, but soft spots developed in some departments | and the list as a whole was mixed. Reflecting a feeling that the settle- | ment of disputes in the motor in- dustry might be a long-drawn-out af- fair, liens of some of the steel com- Ppanies were off fractions to as much as a point. 4',s and Youngstown Sheet & Tube 31,s. Studebaker 6s, on the other hand, gained fractionally. The rails were the most consistent performers on the upward side. Gain- ers included Missouri-Pacific 5s, St. guh & San Francisco 4’25, Southern ilway 4s and Baltimore & Oho 41:s. The Government list Was narrow and quiet, with prices ranging a few 32ds on either side. Baltimore Markets Epecial Dispatch to The Star. BALTIMORE, Md., January 8.—Po- tatoes, per 100 pouncs, 2.00a2.65; Flor- ida, bushel, 1.65; sweet potatoes, bush. ei, 40a1.00; nearby, bushel, 60a85; yams, bushel, 60a%0; beans, bushel, 50a2.25; beets, half crate, 1.15al1.25; broccoli, crate, 1.90a2.25; sprouts, half-drum, 2.00a2.25; cabbage, new, pointed type, hamper, 75al1.25; flat type, hamper, 50a60; round type, crate, 75a2.00; old, Danish, 50-pound sack, 60a70; carrots, crate, 1.15a2.75; bushel, 90a1.25; cauliflower, crate, 1.40 @1.50; celery, crate, 2.00a3.00; cucum- bers, bushel, 2.75a4.00; eggplants, crate, 50a1.50; kale, bushel, 40; near- | by, bushel, 20a30; lima beans. bushel, 1.75a2.50; lettuce, Iceberg, crate, 2.50a 3.00; Big Boston, hamper, 1.50; mush- rooms, four-quart basket, 60a80; on- | fons, 50-pound sack, 55al1.10; peas, bushel, 1.75a2.25; peppers, crate, 1.50a 2.76; spinach, bushel, 65a80; nearby, bushel, 25a60; squash, bushel, 1.00a 1.25; tomatoes, lug, 50a300; turnips, nearby, blue tops, oushel, 20a35; yel- Jows, per 100 pounds, 50a65: apples, bushel, 65a1.75; box, 1.85a2.65; cran- berries, quarter-barrel box, 4.00a5.5 grapefruit, box, 1.50a2.50; oranges, bos 2.00a3.00; strawberries, pint, 15a18; tangerines, box, 90al.40. Tobacco Market. Market for offerings of new crop Maryland leaf tobacco closed until | February 15. Quotations on old stock: Maryland farm leaf—Nondescript, 3a4: common, 4al0; medium, 10a30; good | to fine, red, 30a40. Second—Common, 3a7; medium, 7a15; good to fine, 15a35. Sea Food Market. Catfish, rough, pound, 6a8; dressed, ' 10812; carp, 5a6; eels, 5a10; haddock, 8a10; Spanish mackerel, 8al0; pan rock, 12al5; perch, 10a12; yellow perch, 12a15; pan trout, 10a12; large, 12a15; bluefish, 10a12; flounders, 6a10; shrimp, 10a12; porgies, box, 2.50a3.50; croakers, box, 3.00a3.50: butterfish, box, 3.00a6.50; clams, large, per 100, 75; Cherrystones, 60; Little Necks, 40a50; oysters, me- dium, gallon, 1.50a1.60; selects, 1.75; Faw bar, barrel, 4.00a7.00. Dairy Markets. Live poultry — Chickens, Rocks, | pound. 18a22; mixed colors, 18a22; fowi, Rocks, 20a22; mixed colors, 20a 32; Leghorns, 14a16; roosters, 10a12; ducks, 12a16; geese, 10al17; guineas, each, 25a40; turkeys, pound, 12a22; capons, 22a25. Eggs—Current receipts, dozen, 262 827; whites, large, 28; medium, 26%; 827. Receipts, 1,472 cases. Butter—Prints, pound, 37; good to fancy, creamery, 34a35; packing stock, 19a20; good rolls, 22. Receipts, 638 tubs. Grain Market. Opening prices were: Wheat—No. 2, red, Winter, garlicky, spot, domes- tic, 1.43',; January delivery, 1.431>. Settling prices were: No. 2, red, Win- ter, garlicky, spot, domestic, 1.43%; January delivery, 1.43!2. Corn—No. 8, yellow, domestic, 1.06; Western bill- ing at a premium over this price; cob corn, nominal. Oats—No. 2, waite, domestic, as to weight and location, 63a73; No. 3, 62a72. Rye—No. 2, 1.30 a1.35. Barley—85a1.00. Hay—Under light receipts, the hay market holds steady to firm, with values well maintained at a range of 17.00222.00 per ton for both timothy and good clover mixed. Hay grading below No. 3 hard to move at irregular value, Straw—Market for straw generally 8low, but values are fairly well main- tained at 9.50a10.00 for wheat and at offerings. Live Stock Market. Cattle—Receipts, 150 head; nothing done on few loads of steers offered; trade slow on cows; weak to mostly 25 cents lower; some bids off more; few low cutter and cutter cows, 3.5 450; common and medium, 4.75a $.50; odd head good, 6.00. Calves—Receipts, 50 head: few vealers steady; good grades mostly 13.00; common and medium, 8.00a 12.50. ‘Hogs—Receipts, 625 head; mostly 10 cents higher than Thursday; good and choice, 170 to 225 pounds, 11.30a 11.50; top, 11.50; 225 to 250 pounds. 11.00a11.35; few heavies, downward to 10.50; 140 to 160 pounds, 11.00a11.25; 120 to 140 pounds, 10.2510.75; good packing sows, 9.50210.00. .8heep—Receipts, 300 head; one load good and choice corn belt fed lambs offered; market not estab- lished on these; indications higher; slaughter ewes salable strong to un- evenly higher than early in the week or.upward to 4.75 and above. only sl s Aol Bun Ray Drug Co.—December sales 'nro up 30.9 per cent; 12 months, up 34l per cent. They included Bethlehem | brussel | large rock, 15a18; white | By private wire direct to The Star. TREASURY. . 2:88. 101,17 106.2 104,13 103.15 2158 1949-53 38 1946-48 38 1951-55 !‘u! 1940-43J 33,8 1941-43 Mar. 48 1944-54 41,831 81943-45 10912 4%81947-52 121.6 FEDERAL FARM MORTGAGE. 351947 _ . 105,16 105,16 105.16 381949 _ 106.13 106,12 105.12 HOME OWNERS' LOAN. 2148 1942-44 102,50 10229 102,29 23,5 1939-49 108, 102,30 10231 105.2 104.80 106.5 FOREIGN BONDS. High. Low. 2:55. Abitibl Pa&Pw 5563 93 913 Agr Mtg Bk Col 65 *47 Kebr coypon on Akershus 5s 63 Alpine Mont 8 7 Antioquia 7s Antloquia 1st 7 Antioquia 2d 78’57 new Antioquia 3d 7s ‘57 .__ Antwerp 58’58 Argentine [15s 62 Argentine 6s 57 A~ Argentine 6s'58 B Argentine 6s'59 June Argentine 6s°59 Oct _ | Argentine 63 °60 May _ | Argentine 6s ‘60 Sept._ Argentine 63 ‘60 Oct _ Argentine 6s ‘61 Febr_ Argentine 65 '61 May_. Australia 4%s ‘56 Australia 55 Australia 5s'57 AustrianTs ‘57 _. Belgium 68 '35 Belgium 61549 Belgium 7855 Bergen City 5560 Brazil 6128 '26-'57 Brazil 6 Brazil 7. Brazil 88 Breda Ernesto 7s '5 Brisbane 5s ‘57 Brisbane Buenos A Bue Ai 6‘;!—‘ 8°75__ | Buenos A 4 %a'76 Aug Buenos Ai ‘10245 10214 | 60 60 813 824 95 798, | 8% 18I Buenos A C §s'60 Oct_ 100 101 Bulgaria 7s 67 July coupon oft Bulgaria 7128 '68 May coupon off. Canada 2125745 Canada 3%s 6. 233 233 THE High. AmT&T 4%s'39.. EVENING S R, Low, 2: 13 113 1138 Int Cement 43 ‘46 11134 11134 1113 | Int Grt Nr 181 1793 181 | Int Grt Nr 1% 170% 71%|Int Grt Nr 0. 106% 106 108% | Int Grt Nr adj Armour(Del)1st Armstrong C'k A T&S Fe 41,848 Atlanta & Birm 4s'33 Atla&Ch A L 435844 _ Atla&Ch A 1. 5844 AtlCoast L 1st 43°52._. Atl Coast Lelt 52.. AtlC Lun4lss’6s __ Atl Coast Line 58°45 _ Atlaptic & D 15t4s ‘48_ Atlantic & D 2d 48 "48_ AtlG & W I58'59 Atl Refining deb 58'37_ B&O1st4s 48 B&O 4%8°'60 B & O 1st b B & O ref 5 B&OG6s'96F . __ B & O ref 58 2000 B&Oref6s'95C Bell T of Pa 5848 B. Bell T of Pa 5560 C. Beth Steel 3%8'66 Beth Steel 4% 360 Bos & Me 58 ey Bos & Me 5s'67_ - Boston N Y A L45’55 Bot Con M 6 - Bot Con M 6% 14 ct_. Bklyn C RR 58’41 Bklyn Ed con 3% 866 _. Bklyn Man T 43866 Bklyn Un Ga Buff G E4%s'81 B Buff R&P con BCR&Ncl55'34 Bush Term con 5s Bush Term Bldg 5s By-Prod Ck 5%s8'45__. Camag 78 42 ctfs Can'dian N R 418 '5f Can'dian N 58’69 Oct _ Candian N db 63546 n dian P db 4s ‘perp. “an dian Pac 4% '60_ Can'dian Pac 58 ‘54 Caro Cent con 4849 %! CaroCl& O 5='38 Car & Gen 5550 ww. Cent Br U P 4s'48 Cent of Ga con bs '45 Cent of Ga 58'59 C 3| Cent of Garf 515 Cent Ga Chat 48°51 _ Cent Ga MG&A 5s'47_. Cent Il E& G 58°51 Cent N England 4s8°61_ Cent of N J 48 '87 Centof NJ gen bs'87_ Cent Pac 1strf 4s°49__ | Cent Pac 58 60 Cerl 'd deb 51 ¢ hesap Corp 58 47 Ches& O 333896 Ches & O 31:5 96 ¢ O gen 41 Chile 65’60 Chile 63°61 Jan Chile 63 '61 Febr. Chile 6361 Sept._. Chile 68 ‘62 | Chile 65°63 {Chue am 3h i | Chile Mtg Bk 6s 61 Chile Mtg Bk 6s "(hile Mtg Bk 6 | Chile Mtg Bk 6% s '61_ | Chilean Mun L 7s 60_ | Colombia 6s 61 Jan _ | Colombia 6s 61 Oct | Covenhagen 11 | Copenhagen 5 Cordoba 7s '42 Pr; Costa Rica i A 51 Cuba 5%s 45 | Denmark 4 | Denmark 5158 55 | Denmark 6s°42 | Dominic 1st 5 Dominic 1st Dresden 7s Frankfort 61453 French G 714541 un st Ger C Bk A 6538 | Ger C Bk A 6560 July Ger C Bk A 7850 Ger C Ag Bk 6860 Oct | Ger Gen Elec 7s 45 Ger Gov 5135’65 st Ger Gov 518 65 un st 2 19 Ger Prv & City Bank i con Ag 615838 25 'Ger Rep 7s '49 stpd 29y | Greek Gov 6s'68 zx-/.i | Greek Gov 7564 33 | Hatti 6852 vfi'i’ | Heidelberg 735 B 183 15 Helsingfors 6 ‘60 . _ 10533 105% |Hung LM 713" S'B 20 24 ltaly 7s 51 8 86 ItalCrd P W 78 47 B __ 83 83 [1al P U Crd 7s '52 Ul 4% Japan 5%s '65 837 83% | Japan 6355 ‘54 | Kreug&Toll 5559 cfs_ | Medelin sr,. | Mex 45 '10. | Mex 4s 1045 asst am | Mex 454 asst Mex 65’33 asst Ige | Mex Ire 413543 asst_ 8l 81y Milan 6%s'5 2E W% 7 | Minas Gersé l&s ‘58 | Sept coupon oft 274 273 New So Wales bs ‘57 ._ 104% 1047 New So Wale: 10435 10435 | Nord Ry 615 106 104 Norway *1s " 10134 101% Norway 41856 104" 104 Norway 55 '63 101101 Norway 6s'43 107 107 Norway 6544 108 108 Norw Hy El15%s 57 _ 10215 1025 Oriental Dev 5%s '3 WY 5% Oslo 4138 '35 - w4 9% Panama 5s ‘63 stpa o Paris Orl Ry 5345 '68_ 100% 100%% Pernambuco 7s 47 Sept coupon off 2635 264 Peru 6s ‘60 19% Peru 63’61 19% Peru 7s°5! 22 Poland 6s "40._. 8 Poland 7s 47_. 7 Poland 8550 belg 28 20% 21% 2 2234 17% 1834 7 i 10 100 1003 um-,“ 105 108 7% 79 R T8 23 23 18 18 119% 119% 31 31 28% 35 21 39 | 22% | 915 5% 45| PO Y 9., 9 85 8y iy 9% - 13y 134 134 104% 1o4}4 104 1013 108 - 101 107 108 10234 8Lk ] 74\ 100% 2634 2014 201 221 58 7 I ] Porto Alegre 7%s ‘66 July coupon oft ____ Porto Alesre 8s 61 June coupon off Prague Gtr 7%s 52 Prussia 65 '52 Queensiand 68’47 Queensland 7s 41 Riode Jan 61853 Aug couponoft ____ Rio de Jan 8s 46 April couponoft ___ Rio Gr do Sul 6s'68 June coupon L Rio Gr do Sul 75 '66 May coupon off Rio Gr do Sul 8s 46 28 2:8 95 18 294 9% 18 1ns uzy 27y 3 113 uz 26 31 25 7 Rumania 7s'49 Aug coupon off | Chi & Alt ref 38°4y y'l(,hlB&Qxenu 8 | Chi B&QI div 31z {ChiB& QI1dv 4s'49. | Chi & E 11l 5551 3 | Chi & E 1155 51 ctts Chi Grt West 4s Chi | & L gen 5566 ChiInd & Lref 6347 nd & L gen 65 '66_ I St P 45’89 | C. &StP gn 4128'89C_ (‘\I&QIPQY,K 89 E &StP 43,889 &St P 58°75 StP&P adj 552000 | Ch &NW gen 3128 - NW gen 45 '8 NW 4153 2037 : NW 41582037 C. Chl& N\\v’ 4‘45 45 Chi R 1&P rf 4834 {Chi R I&P rf 45" 3acte Chi R I&P gen 48 !! E Chi R I&P 4%s5 60 Chi T H&S 1st : Chi T H&S Inc 5560 Chi U S(x :( Chi Un Sta 4s'4 Chl & W Ind 4%! 62 Childs & Co 55’43 CinGasEl4s'68 A __. CCC&St L gen 4593 CCO&St L rf 4% 338" n Tel 41 n Ter; Clev Un Ter Colo Fuel & Ir 58 Colo & So 41,880 Columbia G & E 53 ‘52 May - Columbia G&E 55 '61_. Cons Coal Del 5560 Cons Ed NY 3%s46n Cons Ed NY 3%s’56n Cons Gas NY 4%s ‘51 Consol Oil 3148 '51 Consum P un 315865 Consum Pwr 3 Cons Pwr 3155 Crane Co 3%s" 51 Cuba RR 1st 58’52 Cuba RR ref 712836 . Cuba Northn 515842 Del & Hud ref 4s°43 __ Del & Hud 5% DenG & E 5 Den & RGW 6s'55asst_ Den& RGref 5878 Des M&F't D 45'35 cfs_ Detroit Ed 4s°65 F Det Edison 4%3'61 D Det Edison 58’52 Dul SS& At58'37 ___ E] Paso Nat G4%s8'51 El Paso Nat G 4% s'46_ Eriecv 4s'53 A Erie cv4s'53 B Erie cons 4s '96 Erie gen 43 °'96_ Erferef 58°'67 Erieref 58°'75 . Erfe & Jersey 63 '55 Fed Lt & Trac 5s "42_ FlaECRy5s'T4 __ Fla EC Ry 58 ‘74 ctfs_ Francisco Sug 65 ‘56— Galv H&H 53838 Gen Am Inv 5. Gen Cable 51 Gen Mot Acc Gen Mot Ass 3% Gen Pub Sve 518’39 __ Gen Stl Cast 5% *49__ Ga Caro & Nor 68 '34_. Goodrich 4% 856 _ Goodrich 6545 B - 106's 10634 1063 - 10425 104 . 10874 . 10935 10935 10834 S m% - 107 -. 101 37 87 87 |IntHydroElec6s'44.. 1234 172 723 | Int Mer Mari 104 104 104 |Int Pap 1st 5 100 99% 99% | Int Pap ref 6s'56 1073 107% 1073 | Int Ry of C A 5s '72_. 107% 107% 107% | Int Ry of C A 68’4 116 1163 11634 | Int Ry of C A 634847 310% 110% 110% | Int T&T cv 4% 8 °39_. 38% 87% 38l | Int T&T 414852 11134 111% 111% | Int T&T 68°55 . ,____ 1143 1143 11434 | lowa Cent 1st&rf4s'51. 105% 104% 195 | Jones&L St 4% 8'61A - Lot 8% Kans C F s&M 4836 Kan CFS&M rt4s'36ct. debig Tl on C So 1st 38 '60 4= City 8o ret b8 50 83 83 83 |KanCTermlstds 107 102 107 |Kelths’4s. ; ;| Laclede Gas 553 ‘?l_":: ‘!,':,’: “;fl;: Laclede G 538 ‘53 C 1163 116 116 | -aclede G 53,860 D _ ot ‘susg 'or. |Lake E& W st 5537 913 S04 91k Lautaro Nitr 6s ‘54 Lautaro Nit 6864 c Leh C&N 4% ‘54 C.. Leh Val Coal 5864 Leh Val Coal 6838 Leh Val Har 65 ‘54 LV NY 4%8°40 gtd __ Leh V P con 482003 Leh V RR con 58 2003 Lex & E Ry 5865 Ligg & Myers 58 Ligg & Myers 7s 44 Loew's 334846 63 12034 12034 12034 W18 181 99kg 9915 99Y4 - 87%% T4 8TY% 87 u6l4 87 29 28% 29 374 36% 36% 36% 36% 36% 100% 100% 100% 105% 106% 10634 104 1081§ 103%§ 10834 10835 10834 821; 82 82 109% 109% 109% 92 9% 92 29 27% 29 % 5 5 633 63 634 102% 1028 102% 394 39y 37% 11614 11634 116% 11684 11684 115% 1208 120% 12085 L&NP M 4846 _. L&NStL3s'80_ Me C RR g0 43%8'60A- Manati Sug 7%s 42 Man Slst 7% 542 ctf Manhat Ry 4890 Manhat Ry 4590 ctfs. 4 1209 arion St Shov 647 Yo 150 ¢ 1ioré | Market St Ry 7a°40 AL 10888 1083 10884 | MeX Tt R 48'77 a Mich Cent 43%3°79 10914 1083 109 | Miq RR N J 68 40 1;'“25:" 1055 100 | MUER &S L rf 671 Mil No 18t 4158 "ex '39_ llléK 10534 10534 Mil Spa& N W 4847 a5 susg | Minn& S Lrtas-as 2]5: 2134 MStP&SSMcn 48°38 _ 2o 3as)| MSP&SSM 68 °38 gra_ s i 59';: MStP&SSM 513845 . 301 795 | MSIP&SSM rf 65 464 o 11l 5859 104 o 641 gisg | MoK & T Iat 4’ 0. 836 1534 873y 8734 1124 112 104 1005 9 9y 137 137 151% 154 10239 102% 10234 10234 u’i 643 6 8 1123 104%% 94 137 154 102 10245 127 .\loh &T ldl 6867 Mo Pac 4875 Mo Pac 5817 F ¢ Mo Pac6s'18 G Mo Pac 58 '80 H. 127 127 2 108% 10874 | MO bac 58 811 10834 10834 10834 58 68 68 | 116% 1167 116 | 0 0o 58 38 Mob & Oh M div 5 Monong Pub $ 43 Monong Pub S 6s°65__ Mont Cent 58", Mor&Essex 3;8 2000 Morris&Essex 4148 '65 | Morris&Essex 58 ‘65 __ 6334 | Namm & Sons 6s°43 68! | Nassau Elec 4851 gtd_ ea% Natl Dajry 3% s'51ww. 69 |NatlDIs PC 415846 3635 | Natl RM 4s ‘77 a Natl RM 1st 48’51 Nat R M 4% Nat Ry Mex 48’57 as Natl Steel 45°65 Nausatuck Ist 48'54__ New E T&T 4%8°61 New E T&T 15t 58 °52_ | New OTIGNR 5s '83 A New Orl PS6s 52 A New Orl P S 5s8'55 B New Orl Ter 1st 4. New OriT&M 4% 15 | New Orl T&M 6s New Orl T&M 58°56 C. New Orl T&M 58 '54. NY Central 3% 1128 1128 112% 884 3735 381 36 36% 36 9% 9% 49y 26 25% “y iy 26 15| NY Cent con 45798 ___ 10815 1083 10814 | NY Cent rf 4358 2013__ 11144 1113 111y | NY Crf4%s2013n___ 10534 105% 10535 | NY Cent rf 58 2013. 1063 1063 1053 | N 93 93 93 10435 1045 10434 10736 107% 1073 98%. 973, 981 106% 10633 10634 1% 111% 1053 105% 1105 1105 125 1125 1067 107 9135 w03 91} 6% 16 16 NYC&St L 533, NY Chi&St L NY Dock 1st 4 NY Edison 3% 1068 1055 123 NY NH & H 3%8°56 105 104% 105 | NY NH & H 4s.'55 10475 104% 10434 | 68 674 68 10635 106 106% 107107 107 107 106% 106% 10744 107 107 10735 10734 10734 1103 1103 1103 107% 1075 1074 10235 10234 102% 62)5 62 6215 7m0 T 64 63 64 93y 92 931 101 101 106% 106% 106% 361 3535 36 37 31 8y 20% 19% 2034 19% 19 19% 32)4 325 328 6% 6% (% 111105 111 1185 1154 116% 11085 1103 11034 6 68 69 106 104 104 1omoan 926 9214 92% 92% 9214 923 1065 10635 1063 3 913 91l NYNH&H Q‘/.l . NY NH & Hcltr 6s'40. NY NH&Hcev 6548 _ NY NH & HCons Rys 48 54 NYNH& HCoanyl 48°55J &J NY O&W gen 4s°55.. NY O&W ref 4s 92 NYQueens cond NY Rys 68 65 A stp. NY Steam 1st 58 NY Steam 58°56 NY Steam 1st 6547 NY S&W 1strf 6. NY S&W gen 55’40 NY S&W Ter 5s°43_ NY Tel gen 4%;s'39 NYW&B4%s'46 l\ia‘FllllPJKl 6 Norf S 1st rf58'61 cf. Norf & W 15t 48°96_. North Am Co 5561 North Am Ed 5857 A North Am Ed 5869 C- North Am Ed 5% 63 Nor'n Pac gen 35 204 Nor'n Pac 48'97_ _ - Nor'n Pac 438 2047__. % | Nor'n Pac b8 2047 D__. 118% 119 | North Pac 68 2047 103 103 | North Sts Pw 4%s61. 196 184 19% | North SP 1st 58 414A- 19 18% 19 |ogden LC 4848 8% 858 85% | Onio kdison 97% 91% 9T | Ohio Pub Svc 7, 102 10234 10234 | Oreg W RR 43°61 10634 108% 106% | Otis Steel 63 41 104% 1045 1043 104 104 104 10834 10834 10834 9T el 96l§ 51 61 b1 1015 101 101 105% 105 1063 87 119 108 PacG & K 4864 Para Broadway Paramount Pic 61 l 0. 108 Goodyear T&R 58°57 .. 104% 10414 1043 Sao Paulo C6%s '57 May couponoff ____ Sao Paulo C 8s°52 coupon oft Sao Paulo St 6s '68 July coupon off _ Sao Paulo St 7s 40 _. Sao Paulo St 7s ‘56 Sept couponoff ____ Sao Paulo St 8s 50 . July coupon off- Silesia Elec 6%5'46 Serbs 7s'62 unm c o n E3 21% 28 5 2835 28! 104% 104% 6% 834 g 2 o 8% 46% 205§ Sydney 5%s '55 Taiwan Elec 53871 Toklo 58’62 _ Tokio E L Ltd Un Stl Wks 6 Uruguay 6s Uruguay 6s Warsaw 7= ‘58 Westphal El Pw 6853 Yokohoma 6s ‘61 DOMESTIC BONDS. Ala Grt South’'n 48’43 109 109}4 109} Alleg Corp 5844 . 10034 100 10084 Alleg Corp 68 49 96 9 98% Alleg Corp 5850 l’ 885 88 Alleg Corp 6850 stp._ 653§ 653 Allied Stores 4348 '50 lofi% 1003 1003 Am & For Pw bs 2030 833 8% 8% Am 1 GCh5%s 49 100 1083 109 Am Int] 5168 '49 106% 1064 108 *61. 10234 102% 1 Am Tel & Tel 3% '66. 102)§ 103} 10244 802 Goth Silk H 5546 ww. 104 104% 104} Great N Ry 45°46 G .. 1213 120)4 121 Great N Ry 43 46 H__ 109} 109 109 Grt N Ry ref 4148 '61 A 116§ 11634 116}4 Grt N R ger 4%8'76 D. 109% 109} 10934 Park-Lx 6% ‘63 ctfs_. Penn RR 4% Grt N R gen 6%-;11 E. 108% 108% 108% 2 Grt NR6% Green Bay Gulf M & N 58 60 Gulf M & N 63585 Gulf Sta St15%s 4 Gulf States Util 45 °66. Har Ry PC 1st 48°54_. 15 | Hock Val 434899 Hoe(R)& Co 638’34, Houston Ol 6%s Hudson Coal 68°62 _. Hud & Man inc 68°'57_. Hud & Man ref 5857 111 Cent 3%s 52 11 Cent ref 4365 1 Cent 4%5°66 . I11 Cent ref 6s ‘55 Ill Cent St L 3s ICC&StL N 04 ,l 51._ IntR T 1strf & IRTIistrebs INtRT6s" IntRT IntRT Interlake 68 ‘64 __20. 11834 118 118% | penn R R 4% 8 13% | penn RR gn 4%8 i;:% Penn RR deb 4348 Penn RR gen 55 ‘68 99 98§ 99| people GL&C rf 68'47. 105% 10835 10434 | peoria & E inc 48 ‘90 981§ 9634 96%4 | Pere Marq 43880 8734 | Phila BEW 45 °43_ 108" | Phila B&W cn 6374 82 | Phila Co58'67. 64 | Phila Elec Co 43%s'67_. u% 84% | Phila & R C&168'73__ 83% | Phila & R C&l 9. 883 | Philippine Ry 48°37__. Pitts&W Va 435658 A Port Gen E1 4%8°60 _. 9434 | Porto Rico .Ag‘l 4 193 179 79% | Postal Tel R mo& 108% louf Potomac E1 P 3%s 90 90§ 90%4 | Pressed Stl Car 6s 86 86 86 |ProvSecdeb 48’57 85 36 90y | Prov Term 1st 68 °56 nlh lllh na;' Pure Oil 4% Pure Oil 4. lo‘m wm lm Purity Baking 983 95% 9Bl | R-K-O 6s 41 ”% 931§ 93)4 | Reading Jer C 51 Huams R4 . 1083 106 - 118 118 1134 " 8934 I‘l)‘ 101} 101i¢ Republic Stl 4%s “.. . 1113 111 WASHINGTON, D. BONDS ON N. Y. STOCK EXCHANGE High. Low. 2:55. 1488 14834 1483 26 7 9% T84 WY % 3 ¥ 10534 10635 10836 68% 6315 6315 608 60 60 vk S Bl " 9 W 109)5 1093 1095 ” "N » 9 66% 6614 6615 6614 » 66% 6834 105% 106} 1084 102% 1025 102% 69% 68l 6815 823 811 82% 12934 12934 129% 126 12634 126 1861 1363 136% 101% 108)§ 103} 108%5 10935 1093 109) 1154 1115 111% 95% 958 9b% 51 10534 10534 10634 1044 108%% 104% 81% 813 813§ 7 86% 87 8% 86 a6 8 65 [T 985 98l 9BY 10214 102%5 1025 b% 6% 6% 1073 107% 107% 90 89 W 105 104% 104% 7 % 101% 107% 10934 109 102 102 102 Y634 964 ¥6l4 [T 1] 1018 10134 10134 T 9T 9T 62)4 62 6214 106§ 107 106 106% 106% 6 & 6 L3 6 5 L) I % 6 1245 124% 127 121 6 96l 100 100% 100 1003 995 ¥9% a9k i3y 5% 6314 53% 10436 10435 10833 108) 106 106% 9% 9% FER ] 101% 101% 110% 1115 9% VY 96% 97 1025 10215 93 W 1043 104% | S 983 99% 6 693 4 106) 1055 10424 104% 12634 125% 7% 103 1033 38% 394 3914 39k ey a2 ay a2 2744 283 a6k 1% 64 15 So Pac 4123 '81_ 10634 10614 10634 Z 106% 106% 106% 106 106 106 - 10634 106% 10634 9”2 913y wilg 697 69% 6374 1064 1063 10615 10934 109% 10934 19% 18 18% 10934 109 109 10335 108} 108} 73 13 18 271 26 26 2645 26% 2634 120% 121% 1214 105% 10534 10634 106% 1085 1062 106% 106% 1058 10634 10534 10535 81% 81% 814 1113 11136 1113 108% 10834 10634 10934 10935 10934 1113 1113 111% 10634 103)4 10634 103} 103% 108} 33 % 33 065 106 uz u2 10734 1073 107)5 02 102 102 10734 10735 10734 110% 110% 110% 106 10435 104% 88 575 6734 573 58 86 144 436 T4) 10034 100% 10035 9)§ 3934 3934 4 8% T4 1065 um( lu;( 100 108% lom mx 108}¢ 10274 10834 111 1108 111 i 11434 11434 11434 106 10634 106 122 1213 132 n n7 a7 19 184 19 1033 10834 108§ 108 42% | Westn Un cl tr 5838 . um mu mn 00 9% 9% 120 11834 120 10035 106 106 108 10734 1073 108 108 108 11157105 110% 100 . 994 9§ 1093 | = C RIDAY, BUSINESS TAKES UNEVEN COURSE Rise Less Marked in Some Lines, While Others Forge Ahead. By the Associated Press. NEW YORK, January 8—Trade and industry followed a zigzag course this week, Dun & Bradstreet reported today in the weekly survey. Expansion was less marked in some trade divisions, while in others mo- mentum gathered force following the interruption of the holidays. Con- sumer buying was well sustained by January promotions and the enlarged call for Winter needs in districts touched by subzero weather, Low inventories brought more ac- tivity in whole.ale markets, with in- terest wide in both current replace- ments and Easter merchandise. In- dustrial progress was slackened not only by year-end shutdowns, but by the spread of labor complications in some automobile plants and allied branches. “January promotions, which fea- tured retail selling during the week,” the agency said, “attracted a generous response to the somewhat restricted offerings. ‘White’ sales were less nu- merous than at this season last year and price mark downs were smaller.” The agency estimated retail sales for the country as a whole at from 10 to 15 per cent ahead of the same week in 1936, although gains lacked uniformity. Percentage gains in the major geographical areas were: New England, 12 to 16; East, 12 to 18; Middle West, 12 to 15; Northwest, 10 to 12; South, 12 to 20; Southwest, 10 to 20; Pacific Coast, 4 to 8. The strike continued to be a retarding factor in the latter district, the re- port said. Washington Produce BUTTER—02 score, Y4-pound prints, poun, tub, pound prints. 3 d_ prints. :m,wun et JANUARY 8, 1937. U. 5. GOLD HOARD MOUNTS FURTHER Net Gain of 22 Millions Dur- ing Week Reported by Reserve Board. BY the Associated Press. ‘The Federal Reserve Board last night net additions of $20,000,000 to the gold stocks of America’s hoard during the week ended January 6, bringing the total to a new peak of $11,271,000,000. The figure was $1,- 127,000,000 higher than at this time last year. The weekly condition statement of all Reserve banks showed a further in- crease of $55,000,000 in member bank reserve balances, swelling the total to $6,627,000,000, an amount which the Board estimated to be about $2,010,- 000,000 in excess of legal requirements. This rise was occasioned by a return of $77,000,000 of money in circulation, mainly month-end cash. Money in circulation on January 6 was $6,473,~ 000,000. The statement said: “The daily average volume of Fed- eral Reserve bank credit outstanding during the week ended January 6, as reported by the Federal Reserve Innn, was $2,481,000,000, & decrease of $37,- 000,000 compared with the preceding week and an increase of $1,000,000 ;::n;;;;;z:'d with the corresponding week Changes in the amount of Reserve Bank credit outstanding and in re- lated items during the week and the year ended January 6, 1937, were re- m as follows (in millions of dol- Dec 30, w: 4 Jan 8. Bills 1936, dlswnnt k. Bilis bought . serve balances s, | Treasury cash and : Ja) Prices ington. By the United States Buresu of Agricuitural Economics: EGGS_—Market irresular. Prices 13 gent lower on Government-kraded Unit States extras. medium. but ail others un- hanged. Receipts increasing and sup- plies accumulating. Current receipts. 25a 26. hennery whites led and dated b'hne nds. 17: L R, 20 % o’ 'h T Republic Stl 4%s°61 Republic Stl 4% . 13434 131 1343 Republic St1 5 109% 1093 109% 106% 10534 108% Richfield Oil 63 44 65 6514 Richfield O 6844 ctfs_. 66 6415 65 Rich Term Ry 5s'52__ 103§ 103} 1033 R1A&L 18t 43834 _ 20% 21% Rutland Can 4849 ___ Rutland RR 4%8s°41__ 33 Saguenay Pw4i,s'66__ 104 164 104 St Jos & Gr Is] 48°47__ 112% 112% 112% St Jo Ry L T&P 58'37. 101% 10175 101§ StLP&NW bs “ St L-S Fran 4s ‘50A St L-S F 4850 A ctfs. St L-S Fran 4%s'78 _ StL-SF 4%8'78 cfst_ St L-SFranbs'50 B _. StL-SF5s'50 Betfs. StLSW st 4s’'8y_ StLS W2d4s'89 StLSWgnrfis Schulco 613846 A stp_ Seabd A L 48°50 Seabd A L rf 48°'59 cfl Seabd A L adj 5849 Seabd A L 68°45 A 18 13 3348 1015 101% Skelly Oil 48 °51 1025 102% Socony Vac 3%s 1063 106% South Bell T&T b3 '41. 107}y 10735 10735 - 102) 101% lo1% 9875 98% 98Y 108 107% 107% 9655 953y 963, 9% 9l 96 %6 96k 96 SoPacOreg 4%s'77__ 100 99% 99% SoPacSF T 4s 'uo rg- mu‘ 101'4 107% '56 7935 80} luu 1115 112% So Pac 43568 _ So Pac 43869 So Ry M& O 48°38 So Ry Mem div 5856 _ 8 W Bell Tel 33,564 Spokane Int 6555 ___. 101% 10136 101% Studebaker ¢v 6845 11734 116} 117 ‘Tenn Cent 6s°47______ 105} 104% 1063 Tenn El Pw 10234 102} 102} s'exas Corp 3 10534 1063 10bl4 7 B_. 10574 10634 1064 ‘79 C<. 10624 10634 106% 108 108 68); 61% 673 101 101 101 2935 383 89 21% 21% 21% 10434 103% 104% 10034 10035 10055 10135 10135 10134 116 116 116 Third Av 1st 63 '3’ ‘Third A ad in ex 58’66 Un El Chicago 53 '45__ Un Oil Calit 4847 ____ 0. Un Pac 1st rf 65 2008 United Drug 63°53 United NJ RR 48’44 U S Pipe&Fy 3148 156% 163 16634 U S Rubber 53°47._ ___ 1063 106§ 1063 Utan L& T 6844 (A). 104}4 104 104} Utah P& L b8 44 __ 108 10834 106 Utll P&L 6859 ww. 65934 88 bBY Utll P& L 6847 62} 61} 61} Vanadiumcv 68’41 100 99} 100 Ver Sug 18t 78°42 ct: s W V Cz&Plst 4%s°3 3 3 & 1073 107 1073 100 100 100 4L 4035 403 ‘Wabash 1at 58'39..__. 103}4 10834 103} Wabash 2d 68°39.._.. 973 97 97% Wabash 68’76 Bo__. 42 413§ 41} Wabash6s 80D..___. 41% 41§ 1% Wabash 5% 75 2 a2y a2y 3 39 W 71 Wabash 534875 ctfs U 70 % 107% 107% 107% 865 863 11434 11434 1143 ‘Wabash Oma 338 "41_ Walker H&S 43845 Walworth 48°56 ‘Walworth 6s 55 Warner Bro! West Penn P 33566 W Sh 1st 45 2061 gtd_. 100 99}§ 100 - 9 9% 9% 10835 1 063§ 107 1083 107 W 39 39 3834 39 11136 1119 111% 104 104 104 10636 108 10684 109 1085 108% 1125 113% 1124 103 1029 102% 6% 3% 36 2% 38 36 613 61 614 0334 10836 1083¢ West'n Un 4348 '60___. West'nUn 68’51 .. Wis C 1st gn ll 9 Wis C 8&D Trm4s'3l Y'ngstnS&T 3348 '51_ Y'ngstn S&T ¢s - 131" 126 131 H0abs 3084 deposits with Federal Reserve . 5a9. aid shippers—net f.0b. Wash- | No accounts HOLDERS DECREASE. NEW YORK, January 8 (#).—Ni tional Dairy Products Corp. has an- nounced its common stock was held Y | on December 31 last by 69,963 indi- viduals, corporations, trusts and other public institutions. This compares with 70,248 common shareholders on September 30, 1936, and 72,028 on De- cember 31, 1935. Safe Investments First mortgege motes, well secured on con- 6% servatively aeppreised, $500 up. In.hnn 6% per annum. Bradley, Beall & Howard, Inc. Southern Bildg. Phone Nat. 0271 Established Nearly 40 Years Reserve District No_ 5. RT OP CONSTTION' OF THE Ic‘l‘::oLachlen Banking Corporation of wnhlnnon in the District of Co- lumbia at the close of business on December 31, 1936. (Published in response to call made by Gomptrcller of the Currency, under Section 11, U. 8. Revised Statutes.) ASSETS, 1. Loang and discounts 2. Overdrafts ___.__ 3. United States Govern- ment obligations. direct d/or - $2.096.983.11 34716 309.478.80 811,054.60 105,766.09 26,639.35 721,465.71 l . Other "asicts Plcd 863¢ | 31. United ‘Total assets___ $2.578.367.30 2.137,445.62 Go ment -na vou-l sav- ings . Depitits oF other banke. including certified and wh er: checks out- Totar of mmx 14710 18] lusive: 10.000.00 14,919.29 18.71548 2,808 58 30,363.38 Totsl capital account 521.055.68 ® ‘Total liabilities.___$5.314,753.31 MEMORANDUM: Loans and Investments to, Secure Lisbliities. Govern- mednt ohllnfilanl flr:;t g or [ manl” s12.800.00 4. Totll pledged (exelud- rediscounts) _. $12.500.00 —_— () Total plc‘le‘__.. G‘i :" Washinston, Distriet of OCo- - s, AROHIBALD CHLEN. cashier of the above-named M:E.‘ do numnlyhn ar B e R At M._}! ll Jlnllg nfll” Publle. Oorrect—Attest: 1 p et FINANCIAL Ward Sales Soar To All-Time Peak During December By the Assoclated Press. CHICAGO, January 8. —Montgomery Ward & Co. gross sales in December totaled $51,789,337, the larg- est volume for any month in the com- pany’s history. The December total represented = 31.2 per cent increase over December, 1935. For the 11 months through Decem- ber 31 sales totaled $354,366,602, an increase of 2322 per cent compared with the corresponding 1935 period. Sears, Roebuck & Co. reported gross sales between December 4 and December 31, the company eleventh period of its fiscal year, totaled $59,- 911,712, as compared to $48,055,653 for the same period in 1935. Gross sales from January 30 to December 31, the company said, totaled $495,715,293, as compared to $391,435,649 in 1935. Both the December sales and the total for the 11 months set new sales volume records, the report disclesed. American Telephone & Telegraph Co—Net station gain in December, 1936, totaled 93,000, against 47,000 in December, 1935; in 12 months net station gain was 889,000, against 461,156. LOANS On Washington Real Estate Current Rates and Courteous Treatment - Kusmdl G K STREET Nw. oy It First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Menthly Payments MIMBER BUTLOMS & Money for CO::ndin Loans a Loans on Improved Properties 4% FIRST DEED OF TRUST ONLY GEORGE L. BORGER 643 indiana Ave. N.W. Nat'l 0350 For January Funds 9.3% A Preferred Profit-Shar- ing Stock With Six- Year Dividend Record WILHELM & CO. Investment Securities Call Clev. 7094 for a Prospectus First Morteace Loans District of Columbia— Nearby Maryland — and Yirginia— Homes Apartments Business Properties Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. Incorporated MORTGAGE LOAN CORRESPONDENT New York Life Insurance Co. 1321 Conn. Ave. NW. DE. 3600, (/] First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia B.F.SAUL CO. 925 15th Street Natl. 2100 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-OPERATIV E BUILDING ASSOCIATION 915 F STREET N.W. Organized 1879 irst Mo Fi %E MONEY e Available ‘e are making small loans . . . apartment loans on homes at af rtgag Business property house loans and ttractive interest rates. Long term or straight interest loans, as you desire. You will find our fees reasonable. Applications Members o7 Washington 1505 H St. N.W. Invited Real Estate Board Nat'l 2345° Realtors cOLUMBIA M-'“" 716 11th Strest MH'M 10 $5,000 8 e ot