Evening Star Newspaper, January 15, 1937, Page 21

FinANCLAL, ___—————————]—-‘—————'—"—‘ 1. 5. BONDS REE, OTHERS ARE MIXED Corporate Issues Exhibit Division of Limited Gains and Losses. . Bond Averages Rails. Indust Uhl Pin Net change_ Unc. Unc.Unc +.1 Today noon 98.7 104.0 102. ’1 338 Prev. day... 98.7104.0102.7 73.7 Month ago. 97.7104.1102.1 T1.4 Year ago... 90.6103.7101.6 70.6 1936-7 high 98.7104.4103.1 73.8 1936-7 low.. 86.9101.8 993 67.6 1935 high__. 87.81022 99.8 704 1935 low.... 764 922 845 655 1932 low-... 45.8 40.0 64.6 422 1928 high__.101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Noon ._._1133 Prev. day. 113.3 Month ago 113.3 Year ago.110.8 ’36-37 high 113.7 1936-7 low 110.2 1935 high. 110.7 1935 low.. 1079 1928 high. 104.4 1932 low.. 8638 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, January 15.—United States Government loans continued to rise in the bond market today as other sectors ruled uneven. Around noon gains of around 2-32s | to 4-32s of a point prevailed, with | Treasury 27:s, the 2%s of 1951 and the 33%s of 1943 in the vanguard. The 3%s were up around 9-32s. The 2%s of 1954 were down a little. In the corporate division small up- | turns in American & Foreign Power 5s, Anaconda Copper 4'2s, St. Paul 5s, Erie 55 and Western Union 5s con- trasted with limited recessions in In-| ternational Hydro Electric 6s, Inter- | national Telephone 5s, Northwestern 4%s, Goodyear 5s and Great Northern 4128, Loans with stock conversion privi- leges again attracted some attention, Studebaker 6s running up about 2 points. Foreign obligations were mixed. INSURANCE STOCKS NEW YORK. January 15 iP,.—New York 3 tion: Becurity Dealers’ Assoclation: .\ Am Surety Automobite Balt Amer (.2 (‘len Falls_(1.60). Globe & Ren (.80) obe & Rut Hartford PFire Home FPire Sec_ _ A | | | Antioquia s BONDS ON N. Y. S By y!l'luwlnfll‘“knl Star. TIEASUlV. 2145 1949-53 2% s 5-4T 51948-51 2% 81951-54.... 2% s 1956-59.__. 2% 1955-60 38 1946-48 3s51951-55 3148 1946-49 3181941 338194446 3%s 1940-43June 335 1941-43 Mar. 338 1943-47 45 1944-54 438318194 4148 1947-52 Low. 10117 10627 104.] u 107.10 108.11 109,31 11429 109.% 12028 120.28 FEDERAL FARM MORTGAGE. 23,8 194247 1046 1045 1045 . 106,15 106.11 105.16 106,17 105.13 105,15 106.6 1066 106.5 HOME OWNERS' LOAN. 102,31 102.24 102.31 103, 3s1952.__ . 106, 102,30 103, 104.29 10431 FOREIGN BONDS. Abitibi Pa&Pw b: Akershus 5s 63 Antioguia 7s 45 A_. 5 B, Antioquia 7845 C.. Antioquia Ts 45 D Antioquia 3d 7s 57 Antioguia 1st 7s ‘57 Antwerp 58’58 3. | Argentine C34s 62 Argentine 63’58 B Argentine 6s°59 Jun Argentine 63°59 Oct _ Argentine 6s ‘61 Febr._ | Argentine 6! May. Australia 4%s ‘56 Australia bs Australia 53 '57 Bavaria S 65 '45. Belgium 6855 Belgium 65 '49_ Belgium 7s 65 Berlin 6s 58 Berlin 6138 50 Berlin Brazil 6 Brazil 7s'52 | Brazil 8s 41 Buenos Aires 4%8-33,8'77 Py_ Bue Al 4} A Bulgaria 78 July coupon oft Canada 2155’45 Canada 3%s 81 Canada 45'60.. Canada 5s°'52 Chile 65’60 Chile 6361 Chile 6s ‘61 Febr_ Chile 6361 Sept._ Chile Mt Bk 6562 __ Chile Mtx Bk 6%s 61_ Chilean Mun L 7s 60__ Chile Mig BK 65 '61... Cologne 61;8"5 Colombia 63 61 Ji Colombia 6s 61 Oct. Col Mtg Bk 7s 46 Col Mtz Bk 7s 47 Covenhagen 4155 53 Cordoba 7s 42 Prv. Conta Rica s A '51 Denmark 58 '35 681, | Denmark 6s 42 Natl Liberty (20a) ¢ ! N Hampshire 11.60) N Y Fire (.80 Nor luver {.R0n) - e Wash (1a) SEoPaul” Fire 16a)" spnmmm (4122) - fe Fravelers (181" U 8 Fire (1.80a Westchester (1a) a—Also extra or extras. DIVIDENDS 'ANNOUNCED NEW_ YORK, January 15 — Dividends declared (prepared by the Standard Sta- tistics Corp.): Extra. Pe- Stk. of Pay- Rate, riod. record. 8 able. v Pub Sv ctfs -1 Comix Pub 11872 Franklin Fire Insur___0¢ Special. ) Resumed. Century Rib Mills____10¢c —= Corp VaCTERRL. Container Corp onketocker Tns NY 206 & ik Aeen;nullted BER" 85756 Brior $4.50 Gorham Mfg __ 6% cnmmxmlty Pb Sv e 1 & Mus Ind 6% pf_ Prlnklln Fire Insur. Illumin & Pow Sec. do_7° s do. 5'3% pI- Bterline Tnc Sterl Inc $1.50 of Champ Pap & Fibre Julius Kavser & Co MclIntyre Porc Mines. NEW YORK BANK STOCKS| NEW YORK. January 15 (#).—Over- the-counter market, bank and trust com- panies: Asked. Bk of Manhattan (1%)- su | © DOOLOOLOLOOWODLD: Bt 65 Continental .80)" Corn Exchange (3) CHICAGO PRODUCE. CAGO, January 15 (#.—Poultry. g hens easy. balance steady: s up. 18: less than 4! 3;, colore ite Rock. 17; Plymoutn Colored. and White Roek Broil: Pl’mnuth Rock, 21: Leghorn o s, 1 5 lurk!!s. h!ns 1615 1d. P white and _colored. "colored, 12: Northern geese. 14; capons, 7 pounds up, steady: prices unchanged. res—Idaho Russets, January, Ege: o ".""“ b '86: March, grade A. arch. No. 1, PRGN (e iy TOBACCO MARKETS. ICHMOND. Va.. January 15 (®.—The mfl:h'ont dar] tobacco market had ended sales ffll‘ the season today. recording the biggest vear in its history. Buyers paid $108.049.44 for 750.000 pourds. an average ol 14.36 a hundred. Other -flred markets continued their 3 LY mchburg prices continued as sales fclr the :G&k t%!n‘u heavy Eflfll! and inclement weather, " Parmville anticipated smaller” offerings next week due to the heavy breaks during = Bedford Drakes Branen T2 U. 8 TBEASURY POS!TION By the Associated Press. P:'a nce, The position of the Treasury uar Kecelpts, 801816318/ d“llfc’ $1l 745.8 LH .o !%“7' ml rmlnu for the --llh ts (since 7o) 52 A flu‘l o.u u aitures. '8 787.360.545.86. 486,08 of emei "i'x"os :;l: 1%“ 5“;‘!;:» 18 353 ssets. $11.305.¢ fllfii :o- 974,66 of inactl NEW YORK BAR SILVER. year €. d r, lnelndlnl 372{- goid. Finland 6s 45 Ger C Bk A 6560 July GerL Ag Bk 6s'60 Oct. ier Gov 518 r Rep 78 '49 -lnd s Ger Rep 7s 49 un st Grt CEl Jap 6%s '50... Hung Con M 7s°46 Hung Con M 73;8°45 unmat coupon on Italy 7s 51 Ital P U Crd 7s "52_. Japan 538 65 Japan 6355 ‘54 Kreug&Toll 5359 cfs Lombard Elec s Medelin 613 ‘54 Mex 45 10-45 asst Mex 45 10-'45 asst sm Mex Ire 4148 43 asst__ Mex 48 54 asst_ Milan 635852 Minas Gers§ s ' Sept coupon ofi MinasGers 615 '59 Sept couponon .____ Montevideo 6s '59 Montevideo 78 '52 New So Wales 58 '57 __ New So Wales 5s 5% Nord Ry 6% Norway * Norway 4158 56 Norway 55°63 _ Norway 6s 44._ Oriental Dev 5% s Oriental Dev 6s ‘53 Oslo 43,855 =ac Paris Orl Ry 6% ‘68 Pernambuco 7s 47 Sept coupon off Peru 6s'60 Peru 6s 61 _. Peru 7s'59 Poland 6s "40. Poland 7s 47 Poland 8s '50 Porto Alegre & June coupon off Prague Gtr 71,852 Prussia 6s'52 Prussia 614851 Queensiand 78 41__. Rhein Rhur 6s ‘51 thine W K1 P 63’52 Rhine W El P 6s '55. Riode Jan 6%s 53 Aug coupon off Rio de Jan 8s 46 April coupon off Rio Gr do Sul 65’68 June coupon oft Rio Gr do Sul 75 '66 May coupon oft Rio Gr do Sul 7s ‘67 June coupon of Rome 61,852 Rumania 7s ‘49 Aug coupon off . Sao Paulo C6%s 57 May coupon off _ Sao Paulo St 6s €8 July coupon off _ Sao Paulo St 78 '40._. Sao Paulo St 7s '56 Sept coupon offt Sao Paulo St 8s 50 July couponoff __ Shin'su E1P 6%s'52_ Silesia Elec 614546 Silesia Prov 7s'58 _ __ Taiwan Elec 5%s '11.. ‘Tokio 53%s 61 Tokio E L Ltd 6x'53__ Ujigawa EP 78 45 __. Un Stl Wk 6%s 47 A Un Stl Wks 68’51 A Uruguay 6s 60 Warsaw 78 "58 Yokohoma 6s 6i._ . 106 High. la' 225 973, 8% 175 1% 17% 17% Wi 1u2i4 1013 101% [ a2k 2y 10234 10244 10234 102 10934 109%; - 10934 108% 1¢ 1 19 108% 10935 109 115 20 2w 20 <5 ® 45 5344 9% 823 50 203 | Guif Sta St1 6348 DOMESTIC BONDS. Adams Express 4s "3 Ala Grt South’n 4s'43 Alleg Corp 58 ‘44 Alleg Corp s 49 Alleg Corp 6850 stp__ Am & For Pw bs 2030 Am Icecv 6853 . Am 1 GChb%s 49 Am int] 6 Am Tel & Tel 3%a'61 ding ""“‘“"l‘; G“ Cess | Am Tel & Tel 3% 866 a d.ere-u of | AmMT&T4%s '3y _ AmT& T 6%s 43 Am T F 2%8-6538-50 Am Writ Paper 6s°47. Am Writ Pa 6s 47ecfs. Anaconda deb ¢3%s '50 NEW YORK, January 15 (P)—Bar | ARzlo-Chil Nit 7. silver steady and unchanged at 44%. Diesel Motors Increase. Ann A Istex in Armour & Co 4%8°39. Armour(Del)1st ¢s'65 Armltron: C'k 48°'50 A T&S Fe adj 48 9% at. Japan will greatly increase its out- | o T&S Fe gen 4895 _ put of Diesel-powered motor vehicles | A T&S Fe 41;s'48 P 1937, 5' Atianta & Biri 105% 105X 10635 1098 1095 10984 633 631§ uu 8554 35 9035 89 !0 _ 108% 10834 10835 106% 105% 105% 101% 101% 101% 102 1018 101% 112 11236 112y 111% 1118 11asg 4 11034 11034 Il.;: 1 3% 31 afyg THE EV Atla&Ch A L 5: N‘, - Atlantic & D 1stds 48 Atlantic & D 24 4348 B&O1st4s 43 B&O4%8 60 BhOllt Bl'fl Bell T of Pa 68'48 B. Bell T of Pa 5560 C._.. Brown Shoe 3 Bos& Me 4% Bos & Me 55'55 Bos & Me.5s '67_ Bklyn C RR §s ‘41 Bklyn Ed con 3% & Bklyn Man T 4%3°6 Bklyn Un EIl 6350 Bklyn Un G 684! Bklyn Un Gas 63 Buff R&P con 4%s '57. Buff R&P cnd % 8’67 rg BCR&NcIbs'3¢ BCR & N 68 '34 ctf; Bush Term con 5s Bush Term Bldg 63'60 ing 6s°40__. 42 ctfs Can’ di-ll NR 4'})! Can dian N R 43, Can'dian N R 4!.' Can'dian N R 4% s '57_ Can‘'dian N 6869 July. Can‘dian N 58’69 Oct . Can dian P db 4s ‘pegp. Can dian Pac 4335 '46 Can dian Pac 45 '6. Can’dian Pac 5544 cfs 14 | Central Fdry v 58 CaroCl&O 6862 A __. Car & Gen 6850 ww _ Carth & Ad 4s ‘81 gtd_ 41. Central Fdry cv 6s '41. Cent of Ga con 53 45 Cent of Ga 63 '59 C Cent of Ga rf 5348 '5! Cent I11E & G bs '51 Cent N England 4s Centof N J gen 55 °87_ Cent Pac 15t If 4549 _ | Cent Pac 58 60 Cent Steel 85 "4 Cert'd deb 51 ‘48 Champ P& F 4% s Chesap Corp 58 47 Ches & 0313896 D Ches &0 3%s 96 E_ C&Oconbs'3y. Chi& Altref3 Chi B&QI div 3%’ Chi & E 111 58'51 51 ctf; Chi Grt West 45 *59_ Chi | & L gen s "6 Chi Ind & L ref 654 CM&StP gn 413589 C. CM&StP 4% s '89 CM&St P5s 75 CM&StP&P adj 552000 Chi& NW 4358 2037 _. Chi& NW 4338 2037 C_ Chi& NW 4% s 49 Chi & NW gen C&NW Nr W 61,836 Chi R I&P rf 4534 Chi T H&S Inc 5560 Chi Un Sta 33,5 63 E_ Chi Un Sta 4544 Chi & W In con 45 52_ Childs & Co 5343 CinG& E3%s’66 Cin Un Ter 3138 D gtd CCC&St L gen 45 43 CCC&St Lrf4%s 17 E CCC&St L ref 53 '63 D CCC&St Liref 6541 C- CCC&StLCW& Clev El 111 Clev Un Tel 418 77 Clev Un Term 5s'73 B Clev Un Ter 5%s 'T2A Colo Fuel&Iron 58 '43_ Colo Fuel & Ir 58 70 Colo& So 41%48°80. .__. Columbia G & E deb 58°52 April = Columbia G & E 53 ‘52 May Columbia G&E 6 = Colum Ry P&L 45 "65._ Com Inv Tr3l%s’51__. Cons Coal Del 55 '60 _ Cons Ed NY 348546 n Cons Ed NY 332356 n Consol Oil 3338 '51 Cinsum P un 31;s 6. Cons Pwr 3158 ‘70 Container deb 5s "¢3 Crane Co 332851 CrownC & S 45 '50. Cuba RR 1st 53 ° Cuba Northn 63 Del & Hud ref 4543 Del & Hud 5% Del P& L 4%8°6Y Del P& L 4%s'71 Den & R G con Den& RGref 5878 _ Des M&F't D 48'35 ofs_ Det Edison 338 66 Det Edison 4%s'61 D_ roit £d 45 65 I Det River Tun 434s'61. Duquesne Lt33s°56.. East Cuba 8 7%s 37__ E Tenn lien 55 '38 _ ETV & Ga cn §s '56 fl Paso Nat G4%s'51_ Sri Erieref bs 67_. Erioref 53°75.. Fairbks Mol Fla ECRy 5s '14 ctfs_ Galv H&H sm'n Gen Mot Ace Gen Mot Ass 3 Gen Pub Sve 5 Gen Stl Cast 5% Ga & Ala 55'45 Goodrich 44 8°56_____ Goodrich 6s 45 __ Goodyear T&R 58 ‘57 Goth Silk H 5546 ww Great N Ry 43 46 G Great N Ry 45 46 H__ Grt N Ry ref 4%s 61 GrtN R'gen 4%s'76 D Grt N Rgen 4%6'17 E GrtNRgen5s'73C__ Grt NR6%s 52 B Green Bay 53’62 B____ Guif M & N bs 2 Gulf States Util 4866 Har Ry PC st 4s'54_ Hoe(R)& Co 615834 _ Houston O11 535 40 Hudson Coal 68 Hud & Man inc 6. Hud & Man ref 55 57 111 Cent col tr 4s 111 Cent col tr 4 '52 IliCent 4% 66 Int Grt Nr 63 'fl A 1t Grt Nradj 6s'52 A IntGrt Nr5s 56 B 1nt Hydro Elec 6344 Int Mer Mari; c 41_ Int Pap 1st 47A. Int Pap ref 63 55 Int Ry of C A §s '72__. IntRy of CA 68 41__. Int T&T cv 4348 '3: Int TAT 434852 Int T&T 68 56 Jones&L Stl 4% 5’614 KAMC!‘S&I“'" Kan CFS&M Kings Co !l 484 Laclede Ga . 108 - 12136 1213 1213 . 10634 1053 10034 - 1043 10435 1048 - 104% 10434 mt'{‘ - 108 - 10935 108% 1083 - 105} 106} 106} - 12234 121% 122% KN xui‘ ek 1148 wie 99l 99K 107% 107% 1 T 116% 116 118 98Y% 9234 98% 92l 92 94 92y 9% 9K 102% 1023 102} 10634 106 108 981y 9834 ¥Bl4 1213 12136 121% 131 1303 130} 9l5 98Y% 99 1053 0BK 105% 10534 1063 1065 4 834 84 893 88% 89% 881 1% 8% 100 100 100 1047 104% 104 1083 104 1184 115 11834 s 9K 104% 10435 10435 361 365 3645 11634 116% 1163 11674 116% 1163 117% 117% 117% 1165 11634 11515 U8 1y us 1204 120 120 ”» ELLET ) 108% 103% 103% 106 104% 106 116 116 116 10924 109% 109% 1083 10.3% 106% Y2l 925 924 1163 112 11635 20734 202 207y 48y 38 33 204 205 204 203 20§ 20% 10435 104% 1043 61 61 67 88 873 88 111% 1124 111% 103% 10334 1033 12615 1254 12614 e v g 108 1073 1074 15¢ 16214 154 102 10z 102 10244 101% 102 10874 10875 108%4 68% 68 58% 10935 10934 1094 ak ey 0% 383 403 50K 49% a4 24 20 2 424 4% 42% ws'. msn 10834 635 34 | Monong Ry 1st 4560 1108 11074 106 106 107% 107% 93 93 103% 104 10934 1093 10634 10635 ysly vBly 104% wm 11035 11034 10834 10834 1104 110 2% 12% 106% 106%%4 mn 1043, 1 | 10634 106%; lufi'i' 10635 10633 10634 106% 1065 107 106% 107 10744 106% 106% 101% 1013 101% 10234 1025 1024 10635 10634 10635 62 613% 613 64 63 63 98l4 a3 953 | 101 101 101 102 102 102 106% 105%4 1055 35l5 353 36%% 36 35 s6 2% 21 2y 2035 1934 2034 2 Yy sy td v v 11624 115% 116% moouroa 118% 118% 118 1084 1093 1095 5w o 104% 104% 104% 118% 1163 115% 104% 104 104% 93} 9335 93l§ 92' 92 92y 9135 915 iy 8835 874 88y 88 87 agy 10434 1043 10435 18% 18} 1815 18 18 18 100 100 100 104% 10436 10435 103% 10334 10835 10234 102}4 10234 962 96 velg 4335 43% 43 101% 10134 1013 o4l 104 1075 108 104 107% 10815 108%; 10934 116% 11534 11634 10834 10834 10834 109% 107 1075 1163 1153 11535 UT% 117% 117% M5 14 Yy 102 102 102 9934 99y 9vlg 10835 105} 10535 LU T 885 8734 884 108 108 103 55 b4l b4% % 3% 8 8 % R n w % 19 100‘ nu lM}f STAR, TOCK EXCHANGE WASHINGTON, High. Low 2755 7034 97. 10834 10935 10!% 3 uw 1063 10634 ma 10084 10034 1 Leh & NERR 48'65... 104% 104% mu Leh ValCoal 68'64.... T4 T4 Leh Val Har 68 ‘64 .. 10534 10634 I K LV NY 4%8'40 gtd __ 102} 102} 1024 LV NY 1st4s'45 gtd__ 934 93} 933 Leh VPcon 482003 _. 681 68 68 Leh V Pcon4%s2003. 75} 176% 75 Leh V RR con 68 2003_ 83)4 833 88} Lex & E Ry 129 129 129 Ligg & Myers 12635 12634 126% Loew's 318 46 100% 10035 100% Long Isl ref 48°49 ____ 106% 106% 105% Long Isl deb 5337 101 101 101 Lorillard 5s ‘55 124 124 124 Lorillard 7s 44 133% 1333 138% La & Ark 6869 100% 100 1004 21 9734 96% ¥Tl4 103 103 103 108% 108% 108% 10735 10744 10734 1105 110 110 96 96 96 100 100 L & N unif 45 40 L &N 4%s2003C. L&NG582003 B L&NStL3s'80 L & N So Mon jt 48°52 McKess&Rob 5% 8’60 MeCRRclt 4845 A 104 lol Manhat Ry Manhat Ry 4s Manhat R 24 452013 _ Marion St Shov 6s '47_ Mead Co 6845 Met W S El Cr 4538 Mich Cent 4138’79 Mil El R&L 68 '61_ MiIlER&SL rtf 6# Mil Spa& N W 4 Mil No 1st 4748 "ex '39. Minn&SLrfas49 Minn & St L 58'34 ctfs MStP&SSMcn 4s'38 MStP&SSM s '38 gtd. MStP&SSM 5%s'78 .. MStP&SSM rf 65'46A. oo I11 68 '59 Mo K & T 1st 45°90 105% 10834 14 14 107 107 10434 10416 1043 104% 45l 13 3 13% 8634 383 9%y 27 5 9645 Mo Ple 5877 F ctfs_. Mo Pacis'78 G ... Mo Pac s ‘80 H_ Mo Pac 5 '80 H ctfs Mo Pac 58 '811. Mo Pac 5581 1 ctfs Mo Pac 54849 A Mob & Ohio 4158 °77_ Mob & Ohio 5538 Mob & Oh M div 5847 Mohawk & M 4s°91 Monong Pub 8 4 0 107% 107% Monong Pub S 6s'65 10 110 1113 111% 102 102 84 8¢ 8 84 v6l4 96 45 944 101 1015 19 119 97 0% 62 63 106% 107 10534 1053 10534 5% b 61 " L 10675 975 8234 102% 1005 a5l 803y 53 102 10435 108% 10634 983, 958 102 12 Mont Cent 6s 37 Mont T gn rf 5s Mont Tram 5 Mor&Essex 3 Morris&Essex Morris&Essex 58 Mutual Fuel G 53°47__ Nashv C&St L 4818 _ Nassau Elec 48'51 gtd._ Natl Dairy 3% 851ww Natl Dis PC 4%8'45 Natl RM 1st 48'51 Natl RM 4s 77 as: NatR M 43%s Nat Ry Mex ¢4 Natl Steel 45°6 New Eng RR 4%’ New Orl & N 4348 NewOrlPSis'56 B . New Orl Ter 1st 4853 New OriT&M 4% '56 New Orl T&M 5s°51 B New Orl T&M 51:8°54 New Orl PS § NY Central 3%s 97 NY Central 3 NY Gent con 4898 NY Centrf 4 NYCrf41282018n___ NY Cent rf 68 2013 NY Cent cv 65 44 NYCLSh3%s'98 NYC&St L 1st 48 '3 NYC&St L 415878 NYC&St L5%s ‘74 A. NY Chi & St L 6338 NY Dock 18t 48'51 _ North Am Ed 55’57 A NY Edison 3%8°65 D 98 102% 94y 104% 995 | NY Edisref 348°66 _ NYGEIH&P 6848 ___ NY & Green L 5846 _ NY & Harl 31382000 _ NY L& W 1st 48'73._ NY NH& H 3%s '54._ NY NH& H 48 57 NYNH&H 4%s'6 NYNH&Hev 6848 NY O&W gen 4s 56, NY O&W ref !2 NY Futnam 4 NYQueens l:rm!'él 5 NY Rys inc 68 65 NY S&W 24 4%,3°37 _ NY S&W 1strt 37 NY Tel gen 43%8°39 __ NY W&B 4%s 46 Niag Falls P3%s 66 Niag L & O 5s°55 = Norf So 1st ref 5561 Norf S 1st rf58’61 cfs Norf & W 1st 4396 __ North Am Co 53 61 _ North Am Ed 5369 C Nor'n Pac gen 3s 2047 Nor'n Pac 48’97 _ North Pac 58 2047C.. Nor'n Pac 652047 D North Pac 6s 2047 North SP1st6s'41 A_ Norfh Sts Pwr s '64__ Ogden L.C 45°48 Ohlo Edison 4s 65 Ohio Pub Sv Oreg Sh L 5s Oreg W RR 48’61 Pac Coast 55'46 PacG&E3%s PacG & E 4564 Pac RR Mo 1st Pac TETrt3%s B. Para Broadway 38'55_ Parmelee 65 44 B Paramount. Pic 68 '55_ Penn Co 48’52 E._ renn Co 4563 Penn P&L 4%s '81_. Fenn RR3%s8'70C Penn RR cn Penn RR4%s°81D __ Penn RR gn 414865 Penn RR deb ¢ Penn RR gen 5s People GL&C rf 58'47- Peoria & E 1st 48 Peoria & E inc 48 Pere Marg 1st 5s Phila B&W 4s '43 Phila Co bs 67 Phila Elec Co 48 Phila Elec Co 4% Phila & R C&1 68°73... Phila & R C&I 6s 49__ Philippine Ry 4 . Pillsbury FI M 3. PCC&St L 4%48'42C__ PCC&St L 4%s'63 1. PCC&St L 4%s8°77C._ PCC&St L 68 °70 A - Pitts&W Va 4348'58 A Pitts&W Va 4348°'60C Port Gen El ¢35 60 .. Porto Rico A T 68°42... 8% 108%4 19% 108%; 106%; 27% 26% 121% 105% 106% 106% 80% &1 110% 110% 10934 1093 109 109 11136 1113 10344 10834 108 108 30% 30% 10634 1063 12 12 121 121 1075 107% 8% 84 106% 106% 110 110% 10134 1013 104% 104% 8% 3% 6% 6% 100% 1008 109% 109% 106 106% 106% 106% 10234 102% 1168 11634 10 110 11436 114% 105% 106 1225 122 11645 1163 98l§ v8ls 19 19% 106 105 113% 113% 106 107% 1025 102% 106% 106%§ .oy a1 234 24 2684 25% 106 106 113% 113% 12514 125% 1087 19% 1085 106% 2834 27 1217% 105% un uu lflf 9034 um lo'l’): |m 963 9635 un U}y 94)4 463 sk 160 10135 1013 101% 3 Fid l)f 1005 9934 993 1083 1083 1083 94 99y 99§ 10935 10935 10935 103% 10334 103% 98)5 9815 9RY§ 10834 10835 mu 100)¢ 190 100 Postal Tel & C 6853 . Potomac El P 3% Pressed Stl Car 68 ‘51 Pure Oil 448 °50 ww.. Pure Oil 4%s 50 xw.. Purity Baking 55 "48__ R-K-O6s 41________. 35 Reading Jer C 48°61... 10435 10¢ 104} Reading R 4%8°'07 A_. 107% 107 107% . 112% 1115 112% 100 12336 108% 10835 108% um 10634 10636 6034 60}§ u 2 52 2235 82 10435 10436 10456 36 8 86 36 2% 31% 2 4% 2% 63 100 034 R1A&L 1st43%s 34__ Rutland RR ¢%8'41__ Saguenay Pwé =66 .. 365% 324 St L-S Fran 43878 __. St L-SF4%s78 cfat.. StL-SFranbs'50B _. !l 8 ‘60 B ctfs . ter b2 !t C., FRIDAY A.T.&T.NETHITS §3.36 PER SHARE%: Amount Left for Dividends|: Rises 36 Cents Above Requirements. BY the Associated Press. NEW YORK, January 15.—Net earn- ings of American Telephone & Tele- graph Co. available for dividends in 1936 were equal to $0.36 a share, 36 cents more than the annual dividend, the company’s preliminary report, made public today, disclosed. It was the first time since 1931 that net earnings were equal to dividend requirements. In the intervening four years the full dividend of $9 each was paid from earnings and surplus. Net profit on a parent company basis for the period, with figures for the final three months partly esti- mated, totaled $174,715,000, or $9.36 & share. This compares with 3125,006,- 504.78, or $6.74 & share, in 1935. For the final quarter net profit was $60,136,000, equal to $3.22 a share, against $35,053,026.32, or $1.88 a share, in the like period last year. A note points out that due to “an unusual concentration of dividend revenues in the three months ending December 31, 1936, the earnings for this period are not indicative of the annual rate of earnings of the company.” The consolidated report of the Bell System, which includes Telephone and 23 associated compa- nies, for the 12 months ended No- vember 30, shows net earnings of $178,195,433, or $9.54 a share of the which was available for dividends. This compares with $127,495000, or $6.83 a share, in the like period of 1935. President Walter S. Gifford in his report said that the system had a net gain of 880,000 telephones in 1936, compared with 461,000 in 1935. There were about 14,735,000 telephones in service on December 31, 1936, which was 855,000 less than the total reached in 1930. Number of toll and long distance calls in 1936 was about 12 per cent greater than in 1835, but 10 per cent less than in the record year 1930, he said, CHICAGO LIVE STOCK. CHICAGO. January 15 () (United States Department of Agriculture).—Hogs. 16.000. iBcluding .50 direct; mostly steidy with dvance | moxt S0Ws, 9.65290. Cattle. 2.000: calves, mm: all lilulhur classes very slow around steady: Dracti- | cally no good choice or prime steers ol yearling available: bulk comprising light steers and yearlings of value to sell at | 7.00a8 50 l!l common and medium 65088 n |lnl7 offerings, 12.60 or 7.000. including 2500 direct: fat fully steady to stronger: sales on good to choice native and Western offerings 10.40 downward: to shippers at 10.50: others held price and above: sheep about steady: sc tered native ewes, 5.0086.00. NEW YOBK PRODUCE. ary 15 (). —Esgs. 100, homes JMad cors Spqcul‘ mixéd colors uncha "Mu nufl! ‘lo naler crum- R uiet and unchnnled s> olored. 5 owls. colored. 178 fg‘c:fxx};-. TERTE other freiéhe brices un- 8 Wgnrf 5890 KCSL4ks 41 M&M ext 58°43 _ San Diego CG&E4s'63 Schulco 6138 46 A ___ Schulco 6%8'46 B _ Schulco 6% 346 B stp. Seabd A L 48 ‘50 stp _ Seabd A L ref 4359 Seabd A Lrf 4s'59 cfs Seabd A L adj 5s°49__ Seabd A L 63 45 A Seahd A L 68 45 ctfs. Seabg A-F168'35 A ct Seabd A-Fla 65’35 Bct Shell Un deb 3%s°51. Silesian Am 7s’41_ Skelly Oil 48 '51 Socony Vac 33850 _ South Bell T&'T 53 '41. So Pac3%s 46 So Pac col 4849 So Pac ref 43'55. So Pac 4155 '68. So Pac 4%s 69 So Pac4%s 81. So Pac Oreg 4%s So Ry gen 48'56 A. So Ry 58 '94 So Ry gen 63 '56 So Ry 6%5'56 Southw'n G&E 4s* Sl’l Staley A E 4546 Stand Oil N J 3861 Studebaker cv C 45 12574 107 Symgn G&G 56 xw. Tenn Cent 6s 47 _ ‘Tenn El Pw 6s 47 ‘Texarkana 518 '50 _. rexas Corp3%s 5. Texas & Pac bs 79C.. Texas & Pac6s'80 D .. 10534 102% 10634 10634 1023 102% 108 108 108 104% 10434 1043 107% 107% 107% 1073 1073 107% 127121 121 Third A ad in ex 55'66 Tol St L & W 4s°50 Toronto H&B 48 “46. Truax T C 6%s 43 Un EIL & P 53°57 UnEIL&P5%s’ Un Oil Calif 4847 Union Pac 3%s8°70._. Un Pac3%s'71 _ Un Pac 1st 4s°47 Un Pac 1st rf 53 2008 _ United Drug 6863 .. U S Pipe&Fy 3%s'46._ U S Rubber 5547 Utah L & T 5344 (A Utah P& L 6544 _ Utll P &L 58 59 ww. Ut P& Lb%s"47.__ Vanadium cv 58 41___ Ver Sug 1at 78’42 ctfs V Cz&Plat 434534 VaE& P 1st ref 48'55_ VaRy 15t 3%s'66 A. 413§ 403 403 103 103 103 10734 107 10734 103 103 103 10634 10634 10635 100 10874 106% 1033 1083 1033 100% 100 100 100% 10035 1165 115% 1165 113% 118% 118% 102% 1025 1024 160 16834 160 106% 10834 10634 10435 104% 104% 1093 109} 10936 106% 106 106 - 40 40K 40K 1033 10334 103% 4 a4 a1 4% 40% 41 4135 a1l aldg 70} 7ol T 107% 107 107% Walworth 4565 _ 86 Walworth 6s°55n _ Warner Bros cv We West'n Md 53 7 10736 10754 1974 West'n Pac 68 46 A IIK 29 38% ux um m i 10634 106 1063 10934 10934 10934 10834 108 108 1043 1043 1043 364 35 353 JANUARY 15, American | Eid parent company stock, not all of | & 1937. resh 28 Compound. 1475, Jard. 1¢ 8T g3 Oadia: | 5310; medium hogs, mcm'/., he m a10: roughs, 6a8%: calves. bal 0%, Prices paid shippers—Net f.ob.. Wash- ington. ~ By the United Stutes Bireau of Agricuitural Economics: Market week in sympathy deciines at other markets. lower. Current receipts. 23051 nery white. o2 R tvernment. sraded and dated white gees (net dmcu paid pers. 1. W i U. 8. siandards, l-r:e 7 5 LIVE POULTRY— neas m cents_each. each: old ~Guiness. , Joung hens. h a0; . under over. 15; xro 2 *oid {oms. 14. e INVESTING COMPANIES NEW YORK. January 15 (#).—New York Security Dealers’ Association: (Noon quotations.) A BTt shie- Inc A SR dackas Bancamer Blair Bank Group Shrs Bankers' Nat Inv Corp Basic Industry Broad 8t Iny - Bullock Pund _ Corporate Trust _ uny ens, 14; 19 diza Food Sec Invest Shrs _ Sec Merchandise _ Group 8ec Mining Group Sec Petroleum_ Group Se: Groun Group Huron Holdf Incorp Investors Group Group shrs, | North Am Bond Tr cts Nor Am Tr Shares Nor Am Tr Sh 1955 = Nor Am Tr Sh 1956 _ Nor Am Tr Sh 1958 Piymouth Fund Inc Quarterly Income Sh Selected Am Sh Selected Am Sh inc _ - Selected Cumul Sh __ Selected Income Sh Selected Indus cv pf Spencer Trask Pund Stand Am' T Stana Super Super Super Super of Am Tr A of Am Tr B of Am Tr 8 of Am Tr C super of Am Tr D Ts weak: generally 10.50a | 1o Trusteed }ndumy sors Wellington Fund BUSINESS MAN With erganization ability who has ten to fifteen thousand dol- lars to invest. Nationally known prodnct with national advertis- ing. Has greatest demand from public for both business and pleasure of any manufactured line. For further information Address Box 390-A, Star Office. FINANCIAL, WEATHER GURBS RETAIL VOLUMES Wholesale Centers Active and Industrial Indices Point Upward. By the Associated Press. NEW YORK, January 15.—Retail trade was unsettled this week, but wholesale business set a fast tempo, and industrial indices pointed upward, Dun & Bradstreet reported today in the weekly review. Unseasonably warm weather re- dise in many areas, the trade agency | said. On the wholesale front, how- ever, buyers crowded into centers| holding trade shows, with some cities reporting a record number for the period. The early date of Easter this year was one factor behind the brisk forward business. of the leading industrial graphs, the review noted, an abrupt lengthening usual year-end interruptions. tric power output, bituminous coal production and lumber production were among those showing good gains. Steel output held about even despite labor troubles in parts of the automo- bile industry. “Cities previous week’s level of retail dis- agency said, “both unusually high temperatures and more complicated labor difficulties combining to check the improvement. “When compared with the same 1936 week, however, Money for Construction Loans and Loans on Improved Properties 2% FIRST DEED OF TRUST ONLY GEORGE L. BORGER 643 indiana Ave. N.W. Nat'l 0350 District of Columbia— Nearby Maryland — and /uanma— Business 5 Properties Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. MORTGAGE LOAN CORRESPONDENT| New York Lite Insurance Co. 1321 Conn. Ave. N.W. DE. 3600, Homes Apartments For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED T Al ed e Arfanged oo CONSTRUCTION LOASIS an LOANS ON IMPROVED PROPERTY in the District ;f Columbia Nearby Maryland and Virginia 5% Prompt Action B.F.SAUL CO. Y'ngstnS&T 3% Y'ngstn S&T 4 925 15th Street Natl. 2100 stricted buying of Winter merchan- |} Upward extensions appeared in most | being shown by some following the | Elec- | reporting a rise from the | tribution were in the minority,” the | the estimated | volume of retail sales for the country as a whole was larger by 10 to 16 per cent. Continued expansion of texe tile industries has widened buying power in New England States, as sales were 12 to 18 per cent above a' year 2go.” Percentage increases over a year ago in other geographic regions were: East, 10 to 20; Middle West, 8 to 12 Northwest, 10 to 15; South, 12 to 18; Southwest, 10 to 16, and Pacific Coast, 6 to 10. In wholesale markets, the agency said, eagerness of retailers to build up stocks apparently overshadowed ad- vancing price levels, as little resist- ance was offered to the higher quo- tations. BANK ELECTIONS. o FAIRFAX. Va. January 15 (Speclal) - M. Brooks has been ~re-elecied g'remdenl of the board of directors of the ations] Bank of Parfax for the ensuing year. Dr Yice ‘pr pmm:m uddieson was re-electe dgar Littieton cashier and sistant cashier. Of Hall Wilson mrec'.o!x mcfu M. D, Craig. Farr. M. Sha AInert Re Shermast. RUBBER FUTURES. NEW YORK. January 15 (P —Cru fubber futures’ opened stesds. "1 to highe; July, THE STATE LOAN CO. 69, Preferred Profit- Sharing Stock PRICE, $107 WILHELM & CO. Investment Securities Call Clev. 7094 for a Prospectus Safe Investments First mortgage notes, 6% servatively appraised, new buildings in Washington and ne $500 up. Interast 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con- by Maryland. Denominations of Established Nearly 40 Year GARAGE AND SHOWROOM FIREPROOF 11091111 Eighteenth Street N.W. 52,000 net feet floor space. Passenger and Service Elevator. Available February 1st STORY AND COMPANY 804 17th St. ME. 4100 O LOANS ON IMPROVED D. C. PROPERT 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 unpawd balance of principal. EQUITABLE CO-OPERAT]VE BUILDING ASSOCIATION 915 F STREET N.W. Organized 1879 . i {1 | i — Where Borrower Ll 1505 H St. N.W. 716 11th Street and Lender Meet ' MONEY | % Available Many yeors of faithful service to private lenders and Institutions enables us to provide funds for sound busineis operations, home building and refinancing . are moderate and our fees extremely reasonable. . Our rates SHANNON & LUCHS Realtors NA. 2345 GOLUMBIA BUILDIN