Evening Star Newspaper, January 20, 1937, Page 21

FINANCI{AL OWENS-LLINOIS ORDERS DIVIDEND $1.50 Payment Authorized. 1936 Profits Estimated F OIL SHARES UP INGURB TRADING Specialties Also Are Favored With Rise of Fractions INANCIAL. THE EVENING STAR, WASHINGTO! D. C., WEDNESDAY, JANUARY 20, 1937. NEW YORK CURB MARKETI & 0. FARNINGS [NEW. YORK STOCK EXCHANGE By private wire direct to The Star i 2:30 (Continued From Page A-20.) 2:16 p.m. Sales— Sales— Stock and Bales— 2730 Dividend Rate. Add 00. High. !a" Close. 8% w and Dividend Rate. Add 00. High. Low. Olose. Chgs. M 10 Ul 36 Low. Dividend Rate. ~ Add 00. High. la' Close. cnn Siorkant e Sl o0 R o 194 Waviosha Mot (0. 3 36 36 38 1% 00. High. Low. Close. = = of - Ag:‘:'-‘wgrfi‘ :’l).‘flm- fl"é b4Y B4 g:: &‘l:i.'»f t40c_ s mmnuuu ot. 60s wu 19 19 —% 6% Webster Etsenlohr. 5 8% 8% B84 — % AeroSupply (B).. 8 8% 5% 64| GenG&ElcvpfB 50s 335% Wesson O&S(160c). 4 49% 48% 49% +1 Alr InvestorsInc. 3 & 4% 4% |Gen Invest Corp v 89% 2‘!( |7 B Fr-llht ('ll_-- 1% it Pa Elec A (7) 30s 102 102 102 AlrInvincwar-.. 2 1% 14 1%|GenOut Ad pfal2. 50s {gg,"}‘ lzg“gggfl"‘"fl "t’(),;)—- E70 Waxt ia kive ok (B3 20e 100N %1 +1% - 19% 19 19 3 ypsum p! - Ainsworth (al)... 4 19% u% Gen Tele C'pal.35 Z b e 624 49 US Hoffmanpf23% x 69 . 31% U S Indus Alcohol .. 96 West Pa Elec pf (1) 107 Ala Pwr pf (6)._. 208 3% Gen Tire & Rub. _. 116% 111% West Pa Pwr pf (6) 115 115 Alabam Pw pf (1) Wv 82% '::: “. 93 8 p.m. 1936 Net Income Equals $5.67 a Share, Against 1214 814 Western Maryland- 10% Georgis Pw pf (6) 23% 15 Western Md 2d pf_. 20% Alles Fisher_ 45 to Two or More. By the Associated Press. NEW YORK, January 20.—Oils and specialties were star performers in the Curb market today, gaining briskly. Up fractions to 2 or more points were American Gas & Electric, Cord, Creole Petroleum, Gulf Oil, Carnation, Continental Roll, Driver Harris, Pan- tepec Oil, Sherwin-Williams, Sunray Oil, United Light & Power “A,” Wayne Pump and Wright-Hargreaves. Na- tional Oil and Aluminum Co. were up around 6 . Midvale and Pittsburgh Plate Glass netted around 3 and 4, respectively, the latter on news of the glass strike settlement. A little lower were American Cyanamid “B,” Atlantic & Pacific and American Light & Traction. Demand Reflects World Shortage Of Steel Supplles BS the Asscclated Press. CLEVELAND, Ohio, January 20.— Daily Metal Trade today says: Growing shortage of world steel sup- plies is being reflected in an increas- ing export demand. Tin plate prices have been marked up in the foreign market and it is reported premiums are being paid on a number of other products moving in that trade. Meanwhile, domestic demand is de- veloping in encouraging volume de- spite the automotive labor trouble and resulting lessened consumption at cer- tain auto plants. Miscellaneous buyers, however, are re-entering the market, reflecting con- tinued active consumption. CURB BONDS DOMESTIC BONDS. High. Ala Power 4':s Ala Power - 106 104 -1 41063 106 106 104 14M 118 11 4 1043 J..v 10058 10028 10034 10023 10378 IIHM IIH’ Batineau Pw s Zen Pb U filas Georzia Pw 5 Seorsia PAL 5e Glen Alden Ci Rl k Wat “Tagad 1.,.-} 10413 S1'2 |l‘l'xlll|‘i]lll" 10578 107a 10812 0 108, 104 Okia N'G 4 Pac Invest 86 " RG = 1n:s‘; 1033 1043 104 104 104 106 108 G. B9y ROV 5 SAE 8228 3 Ry tand PwaLt 65 R15 K9P R 3 ~105% 1053 10: 10512 10515 10312 1067 1043 106 ItN 104 1(\4 bt T RATa RR13 R 2100 1014 NR!YGN BONDE Buen A Prv 7 anover City Ital Su Pw 6 85 ussian 6125 19 mat CHICAGO PRODUCE. CHICAGO. January 20 (P .—Poultry. ive, ”s lrucks hens_easy. others steady e o orn hens. VB White Boek 19: " colored_brofler: 21: e Rock. : i.enmm cmckem Born roosters. i1 young toms., 15: No. o turkeys. 13; ducks, 41 ‘Sounds ‘b, White and cor: 7:' small white and colored. 15: nonhern geese, 1g: Southern geese. 15; apons. 7 pounds up. 21; less than 7 no; ¢ utter.” creamery spe- 1als m'l score) exuu @2, a31a: firsts hdards €00 centrals 00, casy; ex- ca cars, 92: cur- total U. 8. out’ steady. _trading Sondition sireets: sup ked. per hundredweight: laho Russet Burbanks, U. 8. No. very les. fair quality “showing some decay. Washington Russet Bur- Banks. combiniation Erade. few Jales Colorado Red McClures, U. 5. N ‘Wisconsin round whites, ), 8. A 2.2 chigan Russet Rurals, U.'S. No. 1. ales. 2.20al5. New stock. teady. supplies moderate, demand slow: fess than carlots: Hondl bushel crates, Bliss Triumphs, U, 1. very few Plles. 205513708, No."¥ 15”8 erate. MONEY MARKET 'ORK. January 20 steady: l m"‘:’fell] R ] 2 (P).—Call Allen [ndus (t1)_. Allied Intl Invest. 6 Alum’'n Co of Am_400s Alum Good sa90c_ Alum'n Ltd Alum’'n Ltd cu pf. Am Afrlines. Inc Am Beverage _ Am Capital (A) Am Capital (B)__. 1 29 Am CP&L ww2¥, _ Am CitP&L B a20¢ Am Cynam B t60c Am Dist T NJ pf 7 50s 135 Am & For Pw ww 22 Am Fork & H (1) 10s Am G&E (1.40) 18 Am Gen C pf (2). 1008 Am Gen C'p (a5Ce) & Am Gen pf (23) .. 608 Am Hard Rub(al)300» Am Lau Mch t60c. 2 AmL&T (11.20). 7 Am Mfg Co (a3).. Am Maracaibo Am Meter (a2%)_ Am Pneu Service Am Pot & Cha2. Am Seal Kap a30c Am Superpower __ Am Superpwr pf.. Anchor Post F_ Apex Electric(al) Arcturus Radio T. Ark Nat'Gas. . Ark Nat Gas (A) Ark Nat G cupf._ Art Metal W $60c. Ashland O&R t40c AsEl 1229 7-10c.. Asso Gas & Elec AsSOG& E (A)... AssoG&ES5pf. . Assoc Invest (12). Atl Coast Fisher_. Atl Coast La23 Atlas Corp (80c).. Atlas Corp war AtlasCrp pf A(3). Atlas Plyw'd(115) Austin Silver Auto Products Auto Vot Mch 50c. Ax-Fisher(3.20)A 1008 43 Babcox & Wil (4). 15s 180 Baldw L bd rts(d) 20 Bellanca Afreraft. 1 Barjum Stain Stl Bell Afrcraft__ Berkey&Gay F Co Berk&GF pur war 258 17 1 7 89 5 181 65 14 | Bickfords Inc 1.20 | Bliss Co (E W) 16 Blue Ridge C a10 Blue Ridge cv pf 3 Blumenthal S.___.. Bohack HC 1st pf. Borne-Sery a1% Eotany Cons (d)_. | Bourjots (a75e) __. | Bower Roll B (2). Bowman-Biltmore Bowmn-Bilt 15t p100s Bowmn-Bilt 2d pf. 1 Brazil TL&P 40c.. Bridgep't Mchal_ 2 9 Brill Corp (A) 25 | Brill Corp (B Brill Corp pf. . Br-Am O cou t80¢ Brown Copf ... 100s Brown F & W alsc 12 Brown Forman... 3 Buckeye P L (4) Buff N&E pf 1.60_. Bunker H&S (12). Burco Inc war. Burry Biscuit_ Cable El Prod vtc. Cable & Wire(B) .. Can Hydr E 1st pf. Can Indus Alco A Can Ind Alco (B).-. Can Marconi__ Carib Syndicat Carnation Co ( Caro L&P pf (8) Caro L&P pf (7). Carrier Corp... - Carter (J W) t60c. Casco Products .. Catlin Corp (a40c) Celluloid Corp Cent &S W Util_. Cent States Elec.. Cent St Elevpf__. CentStElcvpfn 50e Cent St E1 6% pf 250» Centrif Pipe t40c. 2 Chi Flex Shaft t2 750s Chi Riv&M (t1%) 1 Chief Consol. 4 Childs Co pf_. Cities Servic Cities Service pf. Citles Svepf B __. City Auto S(160c) Claude Neon Lts. Colo Fuel&Ir war. 14 ColtsPF A (i1%) & Colum G&E pf(5) 400s Columb O& G a20c 47 Columbia Pic(t1). 76s Comwlth Edis t4_. 4 Com'with & S war 37 Community PS t1.10¢ Com'u’ty P&L 1st. 50s Cons Alrcraft_. . 22 Consol Biscuit 60c 3 Consol Copper____ 26 Cons Gas(Bo)3.60 Cons Min&Sm t2_. Consol Retafl Strs Cons Royal (20¢)- Contl Oil (Mex)__. Cont’l Roll & S Fy Cook P & 160c Cooper Bessemer... M Bl wnin NS~ Corroon & Reyn.__. Cosden Oil Me (d) Cosden(Me)pt(d). Creole Pet (a50¢c). Crocker-Wh al0c. Croft Brewing. Crown Cent Paéc. Crown Drug b10c_ Cuban Tob vte____ Cust Mex Mining_. Darby Petr (50c). Dayton Rubber Dejay Stores 180c. Derby Oil & Ref__. Det Gas pf (1.20) - Det Pap Prod t25e Det Stl Prod al%. Distilled Liguors_ Distill's a74 9-10c. Dohler Die Cas(2) Dow Chem (2.40) Draper C (12.40) Driver Harris 115. Dubelier Condens. Duke Power (3)._. Duval Tex Sas0c.. Eagle Pitch d a60c liasy W M B t50c.. East’'n G&F Asso.. East'n G&F pf. East GE&F ppf 4% East'n States Pwr. East'n St Pw (B). Edison Bros 11.60. Eisler Elec (abc)_. Elec Bond & Share ElecB& St (5).. Elec B& S pf (6). El Pwr As(A)a25e Elec P&L opt war. Elec P&L2d pf A Elec Shareholding Electrographiec t1 Emp G&F 6% % pf 258 Emp G&F 7% pt . 50s Equity Corp(a2sc) 78 Evans Wall Lead 22 Evans Wall L pf.. 250s Ex-C-O A&T t60c. 17 Falstaff Brewing_ Fedders Mfga2%. Ferro Enam(a3).. Fidelio Brewery .. First NS 1stpf 7. Fisk Rubber. Fisk Rub pf (6) - m- FlaP&Lopt 3 Ford Ltd a18i-100 Ford (Can) A (1). 65 Ford M(Can)B(1) 100s Franklin Ray a60c ¢ Froedt G&M(20c). 3 16634 160 Alum Am pf all3; 100s 1163 116% 1163{ 2 17% 17% 174 Alum'n Ind (40c). 830s 127§ 11% 12} 3008 11034 105 6 1247 123 4 29% 28} 28Y4 3 3 3 4 14 Am Cit P&L (A) 3100e 413 40 2 465 46 dfiK 7% 15 8415 84 4% 3% 834 15 244 2 16634 24 2 110 123 8% 9 e 14 40 7 s Rth % 2214 13¢ 85 113§ 17% 3% 52 2444 2% % 43 43 us 150 3% 34 % m 6% (3% Gilb't(AC)a623¢c. Gilbert(AC)pt 335 ln- Glen AldenC (1) 8 Godchaux S A(b1)100s Godchaux Sug(B) 8 Goldfield Consol_. 12 Grand Natl Films. Gr Rap Var(t60c) Gray Tel PS (1) Grt A&PTn v 16. Greenfleld T&D.. Groc Store Prod. Guardian Invest__ Gulf Oil Pa new. Hall Lamp (80c).. Haloid Co (11).. HartfordEl Lt 2 Hartman Tobacco. Harvard Brewery. Hat Corp (B Hecla Min (a60c)- Helena Rubenst'n. Mollinger G t65c... Holophane (a30c) 12 Holt&Co ptA a20c 1 Horn & Hardart 121768 Horn & Hardt pf 5 225s Hudson BM&S (1) 13 Humble Ofl (t1y__ 3 Hussm'n Lig (11). 1 Huyler's(Del)(d). 2 Hygrade Food._.. 3 MP&L6% pr___ 508 111 Pwr & Lt §6 DL.7008 Imp Oil Ltd t50c.. 4 Imp Oll reg (160c) 8 Ind'n Ter I1O(A) 1 Indiana PL (t40c) & Indiana Svc 6%pf. 40s Ind Service 7% pf 20s Indus Fin 7% pf _ 508 Ins Co of No A t2_200s IntuCigarM12.__ 4 (ntl Hy E1Scv pf. 164 208 8 40» 10 Intl Petr (11%) Int] Products _ Intl Safety Raz Intl Util (A)_. " Intl Util (B) . Intl Util war new. Intl Vitamin(50¢) Interstate H M(2) Interst P(Del)pf_ 1 Invest Royalty 6c Iron Firemen(t1).2 1tal Superpwr(A). Ital Sup'pwdrts.. Jacobs(FL)Cot1). Jeanette G (80c) _ JerCen P&Lpt 5% Jonas & Naum.___. Jones&Laugh Stl. Kans City P S vic. Kan City PSpf A. Kingston Prod 40 Kirby Petr (20e)_. 13 | Kirkland L G (6c) % | Okla Nat Gas Co_. Kleinert Co(t40c). Knott Corp (a40c) Kreuger Brew 1_ Kreuger (G) rts_.. Lake Sh M (14) . Lakey Fy & Mach. Lefcourt Realty__ Leh Coal &N 30c__ Leonard Ofl .. | Lion Ofl Ret (1 Lit Brothers_ _ | Locke Stl Ch 8 Lockheed Atrcraft Lone Star G a60c.. Long sland Ltg_. Long I L pf A(7)_ Loudon Pk'n t50c_ La Land (40c) _ Lynch Corp (12)- MecCord Rad (B)_. McWilliams D (3 Majestic Ra&Tel.. Mangel Stores Marion Steam Sh. Massey Harri Master Elec ( Mem Nat G(aboc). Merritt Chap & S._.. Mesabi Iron __ Mich Bumper C___ Mich Gas & Of1___ Mid Sta Pet (B)__ Mid-W Abrasallc Midvale Co (a5) .. 100s Mining Co (Can) Mohawk H 24 pf_ Molybdenum Corp Mont Ward A (7) Moore Dist (t50c) Mount Prod (60c)._ Mueller Brass t1_. Nat Aut Fib bioc Nat Bella Hess Nat Bd&Sh (a2ic). Nat Gyps A a2% . Nat Investors Nat Invest war. Nat Leather __ Nat Mfg & Stores_ Nat Oll Prod t60c_ Nat P& Lt pf (6). 4808 Nat Refining Nat Rub Mch a20e Nat Service _ Nat Service pf.. Nat Steel Car Ltd. Nat Sugar N J (2) Nat Transit (75¢).- Nat Unton Radio_. Nelson(H) (a45e). Neptune M A a60c. Nestle-Le Mur___. New Hav CI (1%). N J Zine (12) New M&A Ldale. Newmont M a3% _ N Y Shipbldg. |NY Steam _ N Y Water Sve pf. Niag Hud Pw a400 Niag H P(A) war. Niag S Md BaéCc. ¥ | Niles-Bem-P (a1). Nipissing (a50c).. Noma Elec (a40c). NorthAmL&P__ 16 North AmL&P pf. 60s N A Rayon A t1%. 2 NARayonBtll. 2 North'n Europ Oil 178 No IPS 7%pfa5%. 308 North StatesPA_. & North'st Engal%. & Novadel Ag (2) 1 Ohio Brass B (11). 50s OhioOficupf (6)- 3 6 Okla Nat Gas p! Oldetyme Disti Overseas Sec 60c_. PacG&E 1st (1%) 1 PacG&EpPf137% 1 PacP & L pfal0%% 50s Pac Public Service 1 Pan-Am Air (t1).. 9 Pantepec Ofl . ___ m Param'’t Motors Pennroad (a25c) 2 Penn P& L (6) ... 40s Penn P& L (7)... 108 Pepperell Mfg t6_ 2508 Phila Co (1) Phillips Pkg a50c.. Phoentx Secur. _. Phoenix S pf A(3). Pierce Gov (as0c). Pines Wintfrt(n). Plon’r GM Ltd 80c. Pitney Bow(t40c) Pittsbgh Forging. Pitts& LEb2% - Pitts PI Gl (a6) __. Plough Inc (1.20)- Potrero Susar. _- Powdrell&Al t60c. Pwr C'p(Can)a25e. Pratt & Lamb (a2; Premier Gold t120 Pressed Met (12)- Producers Corp ... Prosperity Bal% Prudential In a50c Pub Svc ind pt 26s Pub Sve Ind pr pf 30s Pug Sa P&L pf(5) 50s Pug Sd P&L $6 pf.225» EASTY RS B 2 S - LT Quebec Power (1) 100s Rainbow Lum (A) 11 Rainbow Lum (B) 4 Raym'd Conc (11) 80s Raytheon Mfg vte. Red Bank.________ Reed R B new t80¢ Reybarn Co = R.’lnlfll lll'lll-- ! Stiz DG b8 % 7 Intl Metals Inc A_ 258 9 2 1 . 2¢ 2 . 2 08 1 08 21 8 ] 8 16 1 1 24 26 2 o 1 Koppers pf (6) __100s 5 17 8% 10334 % 33 7’( b 1335 1634 1073 17% % 5674 4% 4556 4514 4 110% 1113 9% Pyle National (3). 60s 23 Pyrene Mfg(a%0¢c) 851 8% 103 $4.03 for 1935. BS the Associated Press. NEW .YORK, January 20.—Chesa- peake & Ohio Railway Co. preliminary report for 1936 shows net income of $43,496,092, equal, after preferred divi- dends, to $5.67 a common share, against $30,893,495, or $4.03 a common share, in 1935. December surplus, after charges, in- cluding sinking fund appropriations, was $4,487,830, against $2,662,897 in December, 1935. Southern Pacific. SAN FRANCISCO, January 20 (). | —Southern Pacific Co. reported its December net operating income was $6,969,487—the highest for any month since October, 1929, when the figure was $7,774,000. In spite of the fact that about $1,- 900,000 of the increase from Novem- ber's $3,833,093 net resulted from beokkeeping changes, net was the best since 1929. The management's expressed opin- ion was that most of the rise came from a combination of general busi- ness gains, the attainment by the company of a position where in- creases in gross business tend to boost profits sharply, and traffic diverted from water carriers by the maritime strike. Liggett & Myers. Liggett & Myers Tobacco Co. reported today consolidated net income for the year ended December 31 of $24,207.- 631, equal to $7.25 a share on the combined common and “B" common shares. This compared with $16,856,- 543, or $4.91 a share, in 1935. Directors declared the regular quar- terly dividends of $1 a share on the common and “B” common stock, to be paid March 1 to holders of record February 26. The management said in view of the extra dividend of $2 a share, paid December 18, no extra div- % | jdend would be declared at this time. 3| T % 134 l" 1315 1315 1634 1634 107 10734 175 1% £ 6% 663 6 6t —————————————————— 2:30 Stockand Sales— Dividend Rate. Add 00. Richm'd Radiator. 13 Root Petrolm(1)_. Rossia Intl Corp_ Royal Typewriter. Rustless Ir&Stl .. Ryan Consolid'd High. Low. Close. [ a4 4% u g lll[ 14 | 13! 4: lSHK lsn' T4 614 61 4T 48l 3614 3y 5214 67 | Seversky Afreraft | Sven Chain St 60c | Stand P& L (B) Ryerson & Hayn: Safety Ch&L (14). 50s \S! Regis Paper___ 63 St Regis Paper pf 100s Sanford Mills (4)_ 208 Savoy Ofl . 4 Qchifl(The)Cu(") 1 Schulte R E(d) 2 Seeman Bros t2%; 2 Sezal Lock & H___ 85 Seiberling Rubber 5 Selected Indus . _ 6 Sel Ind pr pf (53 )600s Sent Saf Control .. l‘ . 26 Shattuck Den Min Shawin W &P 80c. Sherwin-Will (4).975s 136 Sher-Will pf(5)n_. 70s 112 Singer Mfg (16) ._ 10 364 Smith Cor v ext 11 Sonotone C (a10c) So Penn Oil(t1%) SoCal Ed pt pf 1% SoCalEdpf B 1% Southn P L 20 So Royalty (asic) 1 Southwest P L(2) 50s 2 Square D pf A 2.20400« Stahl MverInc _ 1 | Stand Oil Ky (f1). 11 Stand Oil Ohlo t1. 2 Stand Pwr & Lt__. 27 = Stand P&Lpf __ 50s Stand Prod (a25¢) 2 Stand S11&Ld (4c) 127 Starrett Corp vte_ 12 Sterchi Brosa3oe 23 Sterl'g Brew aTic 2 Sterling, Incaltc. 20 Stetson(JB)b50c_.100s Stroock Co(a2; Stutz Motor _ Sullivan Mach! 7 Sunray Oil (al0e) 31 Sunr'yOcupf2¥% 1 Sunshine Min (3). 32 Swiss-Am Elee pf 508 Taggart Corp_ 70 Tampa EI o7y ‘Tastyeast(Del) Taylor Dist (30¢). Technicolor a50e._.. Tech Hughes 140¢c | Texon O1l & L 60¢ Thew Shovel a50c 100s Tilo Roof (t50¢)_. Tishman R & C_ Tob Prod Exp 15c. Todd Shipyd (t2) . Tol Edis pf A (7). Tonopah Belmont. Tonopah Min a6e_. % | Tr-Lux DPS t20c_ 18% 14 31} 314 6% 5% o) 9% 32y 328 288 28% 8 88 815 , 8% 615 693 9 v 5 5 4% 4y 110 110 11135 11134 139 1443 1835 183 Tri-Contl C war__. Tubize Chatillion. Tubize Chatl (A)_ Lung-Sol Lamp n_ Tung-Sol L pf 80c Twin-Coach 21.40_ Ulen &Co 7% % pt Unexcelled Mtg__. Unit Corp war. Unit Gas C war Utd Gas pf (a315). Unit Lt & Pw (A). Unit Lt & Pw (B) Unit Lt & Pw pf Unit Prot Sh al0c. Unit Shipyds B .. 12 Unit Shoe M t2% 5808 Unit S Mch pf1.50 3208 USFoil (B) (1).. 9 US & Intl Secur.. 6 USLinespf. __. 1 U S Radiator pf__. 26s U S Rub Reclaim_ 23 U S Stores 10 1st pf_. 208 Unit Storesvtc___ 1 Unit Verde Ex (1) & Unit Wall Paper.. 16 Univ Pictures .__ 1 Univ Prod (a2%;). 50s Utah Apex 62 UtahP&Lpf32.91% 2268 Utllities P& L (4) 17 Util P & L pf (d)-.150s Utility Equities__. 1 Utllity & Indus pf. Venezuela Mex O. Venezuela Petrol.. Vogt Mfg Co_ ... Waco Afrcraft __. Wagner Bak a2.35. Walker Mining - T0S Wayne Pump (500 Well't'n Oll of Del Wentw’h Mf 11.20. W Va Coal & Coke ‘Westn A E (a2ic). West Au Sup A 4 250 ‘Westn Md pf (a7). 10s W'n Tex U pf $3% 10s Will 011-0-M a0c 2 Wil-low Cafeteria Wil-low Cafe pf. Wilson Jon a2 ‘Wolv Tube (140 Woodley Pet t40c. WoolwI' W Ltd A Wright Harg t40c 20 Ygstn ftl Door t1 3 Yukon Gold(al3e) 6 2% Diyidend rates in dollars based on Al “Tore ot inciut cumulned dlv b Paid this e LY T act. er’fiunuu assumed panies. | 9% 18% 10 103% 144 131 l!‘A 4% U B Leather vtc. 10% U S Leather A vte 71 U S Leath pr pf(a4). 21%4 UB Plpe & Fy(1%4). U 8 Tobacco (15) . Utd St Yd (al2%e). 5 United Stores (A) .. 3% Uil Pw&Lt A (d). 1 Vadsco Sales Corp.. 30 Vadsco Sales Co pf. 16% Vanadium Corp___. 28% Van Raalte (a3%)._ 40 Vick Chem (13)._... 4 Va-Car Chemical._. 28% Va-Car Chem 6% ptf 4 Va Iron Coal&Coke. 14 ValronC&Cof 131\1 114% Virgiaia Ry pf ( 43 10% 19 49% 12% % 18% 69 2% 12% 38% 2% Wabash (d)___ 5 Wabasb pf A (d) 9% Waldorf Sys t1.20... 26'% Walker (H) (2)... 5% Walworth Co._..._. 24 Ward Baking B_ 9% Warner Bros Plct. - 44 Warner Bros pic pf. 14 Warner-Quin (d).—. 4% Warren Bros 15 Warren Broscv pf.. 4 1% Western Pacific.__. 9% 5'4 Western Pacific pf_ 96! 72 West'n Un Tel bTic. 507% 34% Westinghse A B (1) 1531 94% Westh'se El (a5%). 160 12315 Westhse E 1st 1313 33% 22% West'n El Inst a8ic 39 353 Weston Elec A (2)_ 32 19% Westvaco Chlor (1) 35% 31% Westvaco 6%l 1% 21% Wheeling Steel 18% White Motor 16 White Sew Mch pf_. 2% Wilcox Ofl & Gas__. 6% Wilson & Co (50¢c).. 70 Wilson & Co pf (6)- 44% Woolworth (2.40)__ 23% Worthington Pump 56 Worth Pump pf A 190s 47 Worth Pumpopt B 3 33% Yale & Towne t60c. 1 8% Yellow Tr & Coach. 148 83'% Yellow Tr&C pfa35. 40s 41% Youngs'tn Sheet&T 105 Ygstn S&T pf(5%)- 42% 21'4 Zenith Itadio (b30c) 2 35% 353 35% + 4 9% 5% Zonite Products .. 4 8 B BN+ Approxlmu Sales of Stocks on the N. Y. Stock Exchange. 760,000 12:00 Noon. 1 380,000 1.810.000 2:00 P.M. 2 540,000 g1ven 1L the above Lable are che annus: cash Dayments based oL the Iatest quarteriy or haif-yeariy dec s Unt of tracing .ess than 100 shares. tAnnual cate—n including extras 3 Accumulated dividends. & Paid chis vear. o Paid last vear d Companies reported in receivership or being reorganized. ¥ Ex dividend. at $10,020,000 Mark. | By the Assoclated Press. TOLEDO, Ohio, January 20.—Di- rectors of the Owens-Illinois Glass Co. declared a dividend of $1.50 & share, payable February 15 to holders of record January 30. Net earnings of the company and its subsidiaries for 1936, subject to final determination by auditors, were estimated by William E. Levis, presi- dent, to be $10,020,000, as compared with $7.883,496 for 1935. Analysis of the earnings shows them to be equal to $7.53 a share for 1936, as compared with $6.57 a share for 1935, which sets a new high earn- ings record for the company. The earnings were figured on 1330602 shares outstanding as of December 31, 1936, compared with 1,200,000 shares on December 31, 1935. The new plant at Oakland, Calif, will be in operation in the Spring, and complete rehabilitation of the Streator, Ill, plant is now under way. A program of expansion is under way in the tumbler plant of Libbey Glass Co. here, and at the Owens- Illinois Can Co. plants at Baltimore 3 60 6 +1% +1 + &% +1% +2 +14% +2 129 5112 112 1% 16% 484 154 T 17 66y 1% 11% 34 s Laatd 34 34 -1% DIAMOND T. MOTOR COMMON IS OFFERED B the Assoclated Press. and Chicago, it was reported. —— MONTREAL SILVER. MONTREAL. January 20 (P futures opened steady. |10 to DALY QILOUTPUT [Ny York Pone y. lower, March, 44.65b. May, NEW YORK, January 20.—An un- derwriting group headed by Hallgarten & Co. today offered 154,757 shares of comon stock of Diamond T. Motor Car Co. at $20 per share. Of the total issue, 47,240 shares constitutes new financing by the company, the re- mainder being purchased from share-, holders. CHERRY BURRELL PUTS | DIVIDEND ON $3 BASIS B the Associated Press. CHICAGO, January 20.—Cherry Burrell Co. directors declared a quar- terly dividend of 75 cents a share, placing the common stock on a $3 annual basis. The last previous divi- dend was 6215 cents. The regular quarterly dividend of $1.25 also was voted for the preferred | stock. They are payable Pebruary 1 | to stock of record January 25. OTIS STEEL ISSUE TALKED. NEW YORK, January 20 (P.— Reports were heard in financial circles | that Otis Steel Co. plans shortly to | register with the Securities and Ex- | change Commission an issue of $15, 000,000 of 25-year 4', per cent sink- | ing fund bonds, proceeds from which would be used to retire outstanding | first 6s and to improve plants, ! IPGEEIBAELS B v v |Refining Companies Report Moderate Decline in Runs to Stills. By the Assoclated Press. NEW YORK, January 20—Daily average gross crude oil production in the United States increased 66,850 barreis in the week ended January 16, | totaling 3.184,650 barrels, the Ameri- can Petroleum Institute’s weekly sum- mary indicates. Daily average pro- duction east of California increased 70,550 barrels to 2,591.250 barrels. Reports received from refining com- { panies owning 89.9 per cent of the estimated daily potential refning ca- pacity, and which was operated at 785 per cent of potential, indicate lhat the industry as a whole ran to <ul‘ 3,045,000 barrels of crude oil | daily. The daily average for the previcus week, based upon refineries representing 899 per cent of the | total capacity and which operated at 80.2 per cent of their capacity was 3,110,000 barrels. STANDARD GAS UNITS Boost in Wages B3 the Associated Press. NEW YORK, January 20.—Pay bons'.s for about 42,000 employes of the | New York Telephone Co., aggregating January, 4.55b. b—Bid. RUBBER FUTURES. NEW YORK. January 20 (P —Crude fusber futures” opened steads to 31 hisner rch. 20.99a21.00. Ma: $2,400,000, were announced today by the company. The increases are in addition to | $3.000,000 which would have been | added to the pay roll of the concern 1in 1837 through normal operation of the company's wage policies, the an- nouncement said. | i CHICAGO LIVE STOCK. CHICAGO. January 20 (# (United States Department of Asriculture) —Hoge: inciuding direct: slow. around 10 higher than 8,000: calves, 2.000: good to | steers and yearlings firm choice to pr; ime offer: fed pr e c main stimulating factor: dress beef trade remains \en sluuuh ru ders larzely l | cutter cows up to es: bulls weak to :rs stronz at 11 50 Sheep. 10.000. including 1.000 direct early sales fed Western lambs fully steedy at 10.50: bulk held steady to unevenly higher: packers resisting uptu Western lambs predomin: Colorados. natives and fed W ewes Safe Investments First mortgoge notes, 6% serval cppmind, new buildings in Washington and near- $500 up. Inferest 6% per annum, Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con- by Maryland. Denominations of Established Nearly 40 Years 5% INTEREST CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS The Commerce Department says packing houses in Brazil have received | orders for supplying corned beef to | Germany at the rate of 100,000 tons The total amount of the order is not known, the department says. a day. Washington Produce BUTTER—02 Ye-pound prints. 3%; tub : pound prints, 35 ME. slab ‘bacon. 16 LIVE STOCK—Pigs. graalo ic PHILADELPHIA PRODUCE. PHILADELPHIA —Live poultry—Puj Rock Toushs, 6as; REICH BUYS BEEF. score. 1-pound 36: o Y vn.md print Market very strong. 25 tompotnd, 9an0i, medium hog<. 10101y Caives, Gald 2 14! lieh: hozs. hea: t mc.ueflrd” best Western ewes heid upward from e e i FOREIGN MARKETS. | LONDON January 20 P —The stock market closed steady with the oil and mining groups in good demand. Tobaccos were unsettled following weakness shares for Imperial Tobacco and wireless issues moved REPORT OUTPUT GAINS B3 the Associated Press, CHICAGO, January 20.—Electric output of the public utility operating | | companies in the Standard Gas & Electric Co. system for the week ended January 16 totaled 109.610.461 kilowatt hours, an increase of 18.1 per cent compared with the corresponding week | a year ago. Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. NW., NAtL 11403 If You Need INSURANCE We are in a position to handle all of your insurance matters in a careful, economical and personal manner. No matter what kind of protection you are seeking, we will be glad to serve you. Only, may we suggest the folly of delaying action? J. Blaise de Sibour and Company SURANCE BROKERS 1700 Eye St. N.W. NAtL 4673 “BARIS Al sections of the Bourse were | firm today. Royal Dutch moving up {rancs Barik of Prance ttock gainine 105 francs and rentes finishing unchanged to | 5 centimes hicher. Railroad shares were | TODD EXECUTIVE NAMED. |3 NEW YORK, January 20 (#).—Todd —_— | Shipyards Corp. announced today the election of Fred D. Hesley as president | SPECIAL MEETING CALLED. t of its subsidiary, Todd Galveston Dry = NEW YORK. January 20 (P)— »: lard. | Docks, Inc. Hesley. formerly vice pirectors of Aluminum, Ltd., today ‘prs‘ldem of the Galveston concern, | called a special meeting of stock- succeeds John D. Reilly, who Was | holders for January 28 in Montreal to named chairman of the board. Reilly | vote on authorization for the board to is president of the parent organization. | issye and sell at its discretion 50,000 | G shares of common stock. Proceeds Wabash Railway Co—Deficit 11 | may be used for the purchase and months ended November 30, was $1,- | cancellation of outstanding pre(en'ed 747,514, against deficit of $2,547,782. | shares. WASHINGTON BUSINESS MEN! We understand your Credit Needs . . . N and are glad to consider Loan applications 1937 is off to a fine start. There is reason to believe this will be a splendid year for American business. glad to talk credit with business men of the District. We have funds available for loans. You The proper use of commer:ial credit is bound to play an important part in the business drive that is now under way. The American Security is strongly committed to the policy of helping business, and is AMERICAN SECURITY AND TRUST COMPANY Largest Capital and Surplus of any Washington Truss Company may have plans that could be furthered by the use of such loans. If so, let's sit down together and discuss your credit situation. The propersolutionshould be mutuallyprof- itable.Call at any American Security office. Main Office: FIFTEENTH STREET AND PENNSYLVANIA AVENUE CENTRAL BRANCE 7th and Massachusetts Ave., N. W. NORTAEAST BRANCH Eighth and H Streets, N. E. SOUTEWEST BRANCE Seventh and E Streets, S. W. NORTHWEST BRANCH 1140 Fifteenth Street, N. W, Meuser Feperar Deposit INsuraNCE CORPORATION Memser FEDERAL REsErvE SysTEM