Evening Star Newspaper, February 25, 1937, Page 23

FINANCIAL. NEW YORK CURB MARKET CURBILIST TAKES UNEVEN COURSE Specialties, Oils and Mine Issues Move Higher. Others Decline. By the Associated Press. NEW YORK, February 25.—Spe- cialties, oils and mining issues were higher in an irregular Curb market today, Up fractions to & point or so were Gulf Oil, International Petroleum, Lake Shore Mines, American Meter, Bower Roller Bearing. Newmont Min- ing, Pioneer Gold, Pittsburgh Plate Glass, Wayne Pump and Wright Har- + greaves. Bunker Hill & Sullivan was about 4 higher. Oft fractions to around & point were American Superpower, McWil- liams Dredging, Shawinigan Water, Sherwin-Williams and Standard Light & Power. Aluminum Co., and Mok~ jreal Light were down about 3. Capital to Get Another Airline Connection Soon B the Assoctated Press. BALTIMORE, February 25.—A third airline will begin operations in and out of Baltimore within three weeks, A H. Stackpole, editor of the Harris- burg Telegraph, said. Stock and Dividend Rate. Ads Acme W vto (3) Adams M 1st pf 7. Aero Supply (B). Ainsworth (a1) - Air (nvestors Inc Atr Inv Inc war. Ala Pwr pf (6) Alliance Invest Allied Intl Invest All'd I Inv pf $30¢ Allied Prod(A)1% Alum'n Co of Am Alum Am pfall® Alum'n Ltd Am Afrlines. Inc Am Beverage Am Box B'd 180c Am CItP&L B ai0c Am Cynam B t60c Am & For Pw ww Am G&E (1.40) Am Gen C'p 'aite Am Laun'y M 80c Am L& T (11.20). Am Maracaibo Am Meter (a2%) Am Pot & Cha2% Am Superpower Am Superpw 18t 6 Am Thread pf 25¢ Anchor Post F Angostura (t20¢) Apex Electric(al) Arcturus Radio T Ark Nat Gas Ark NatGcupf . Ark Nat Gas (A) As El 1229 7-10¢ Asso Gas & Elec. AssoG&E (A) . Ass0G & E $5 Asso Laundries Atl Coast Fishel Atlas Corp war Atlas Plyw'd(1%) Austin Stiver Auto Products Auto Vot Mch 50¢ Babcox & Wil (4) By private wln direct to the Star, s30 suen— d 00. 2508 208 8 2 1 9 108 2 1 1008 1 7008 1008 7508 12 5 Ashland O&R t40c . Low. Close. 5! 1 Stock and nm— Dividend Rate. Add 00. Greenfield T & D 3 Groe Store Prod Gulf Oil (Pa) b2be Hall Lamp (30c) ‘tman Tobacco vard Brewery. Hll Corp (b20c) - Hazeltine (b75c) Hearn Dep S b1.65 Hecla Min (b20c) 11 Hollinger (165¢c) 1 11034 1103 5 534 19% 19% a 14 3 s B 2% 24 kd L] 1 1 5 2 2 4 7 Hudson BM&S 1) Humble O11 (1%). 11 HuvlerstDel)d) 2 Hyxgrade Food 8 Hygrade Sylv(t2) 150s INP&L6% DL 2008 111 Pwr & Lt §6 pf 4008 Imp Ofl Ltd t50c 11 Ind'n Ter [1O(B) 1 Indiana PL (t40e) 10 ins Co of No A 2 250s Intl Cigar M t3 1 Intl Hold&InvLta 2 intiHy E18cvpt 8 Intl Petr (ti%) intl Produvets Intl Safety Raz B Int) Uth (B) 6 Intl Vitamin(50c) 12 Interst P(Del)pf 10s Invest Royalty éc B 1 7 3 162 19 13 2814 162 19 13 3 18 6y 2 374 41 1y 36t 224 134 4 . 38 H 24 9534 ) % b Ltal Superpwr(A) Jacobs(FL)Co(1) Jeanette Glss ag0c JerCen P&Lp? 51 1508 1034 | Jer Cent P&L nf 7 108 8 |Jonas& Naumbls 1 13 | Jones&Lauxh St1 24 Ken RT&L A aTse 3% | KingsCo Lt pf B 7 30 | Kingston Prod ¢0e 5 * | Kirby Petrolm 20c 9 12% | Kirkland LG (fe) 2 3% | Knott Corp (a40c) - 2 2434 | Kreuger Brew t1. 1 25| LakeSH M (14) 68 2% | Lakey Fy & Mach 10 84| Lane Bryant p* 7 147 | Leh Coal &N 30c.. Leonard U1l 404 21§ 1085 9 128, 204 24 84 8% u? HE EVENI ING STAR, WASHINGTON, |.B.M.EARNINGS | N High. 534 58 % 1% 3¢ 1334 174 1734 20% 1474 Horn & Har pf(5) 20s 109 36 39% ¥ 84 " 55 50% 72 0% 2% 8% 1274 7074 28 3% 843 7y kit 4 1143 113 2814 308 B4} B2 6% 3% 1% 1 1814 518 T 30s 102\, 10234 5 Low. Close. 13 5§ b6 64 14 34 18% 1734 16% 19% 14% 109 L 135 514 5034 72 6914 224 334 124 70§ 28 33§ 363 36% 6 14 214 64 191 el 1% 1614 1% 843 7Y K 181§ 28 8434 65 6y 1% 4 185 87 ™ 1034 28 6% 65 1% 1435 184 514 T 1 14 REACH §7,992.900 All-Time Peak Compares With $7,090,530 in Previous Year. B) the Assoclated Press. NEW YORK, February 25—Inter- national Business Machines Corp. and subsidiaries, manufacturer and world distributor of various types of business machines, today reported 1936 net in- come of $7,552,950, the largest in com- pany's history. For 1935 they were $7.090,530. The profit was equal to §10.22 a § p share of capital stock, against $9.88 a share in previous year. Plants are at Endicott and Rochester, N. Y., and Washington, D. C. It has other operations in Canada and Europe. Mack Trucks. Mack Trucks, Inc., and subsidiaries, motor trucks, with plants at Allentown, Pa, and Plainfleld and New Bruns- wick, N. J,, reported net profit of $1,- 440,850 for 1936, equal to $2.41 a share of capital stock, against net loss of $395,616 in 1935. Royal Typewriter. Royal Typewriter Co. and domestic subsidiaries reported 1936 net income of $2,627,774, equal to $8.79 a common share, against $1,676,571, or $5.26 a share on common stock, in1935. Com- pany has a factory at Hartford, Conn. National Lead. National Lead Co. and domestic sub- | sidiaries reported 1936 consolidated D. C, THURSDAY, FEBRUARY 25, W YORK STOCK EXCHANGE (Continued From Page A-22) 2:15 p.m. Prev. 1937 Stock and Bales— Dividend Rate. ‘Westhse 1st pf (b1) .. West'n El Inst(a8sc) Westvaco 5%pf(1%) Wheeling Steel 4 Wheeling Stl pf (b1) White Motor B White Rk M 8 (1.40) White Sewing Mach_. Wilcox Ol & Gas _ __ Wilson & Co (50¢) Wilson & Co pf (6) Woolworth (2.40) Worthington Pump __ Worth Pump pt (A). CHICAGO GRAIN BY the Associated Press. CHICAGO, February 25.—Revival of European demand for Argentine and Canadian wheat halted a 3-to-5- cent break in Chicago grain prices today that carried values in some cases to the lowest levels in one of three months. Wheat dropped 3 cents and May rye 5, the latter the maximum per- mitted in one day, but then rallied after cables reported Argentine sales to Germany and United Kingdom and rumored purchases by Spain and Italy. Heavy selling of wheat futures the first three hours was attributed to forecast of further moisture relief in the domestic Southwestern wheat belt. ‘Wheat closed 13gal% cents below yesterday’s finish, May 1.30!4a%g, July 1.1315a3 L May 1.0573a06, July 1.01'4 5 l 5 3 zoo 56 99% lost 3gally, rye 1%a4'4 and provisions | were 2 cents lower to 10 higher, Add 00. High. Low. Close. chge. 208 164} 2 26% 1 33% 2 110 4 4235 108 95 . WHOLESALE TRADE 1937, Prev. 1937 High. Low. 12615 116 % 2 a7 20% 6% 4214 86% 754 40'; 33 9% ™ Net Wwrigley 163 1645 + X% 2644 263 + M 333 83% - ¥ 9 49 -1 1o 110 301 303 — | 1% 1% = % L 6!1 =3 g 1134 llK = Youngst 50'% Zonite P 315 11:00 A.M.. 1:00 P.M Stock and Dividend Rate. Wright Aero (al) Yellow Tr & Coach Young Spré& W (t3)_. 1 Zenith Radio (b50¢) - Dividend rates as given in the above table a 1AL 2:15 p.m, Bales— Net Add 00. High. Low. Close. chge. 1008 1203 120 1203 +2% 2 12 12 =Y 361 3435 3% = 4 ol Mg+ i B3% 82 B3 — Y 3 3T ITH - Y% T T T+ 4 Wir (13) ... 2 224 20 1 roducts S 4 ownS&T . Approximate Sales of Stocks on the N. Y. Stock Exchange. 630,000 1,530,000 12:00 Noon. 1,160,000 2:00 P.M. _______17830,000 the annual cash 887 + b5 | OAYments based on the latest quarterly or half-yearly deciarations. s Unit of trading includins extras b Paid last vear reoreanized 578 +1% | 2 +u “ s t Accumulated dividends iess than 100 shares ¢ Annual rate—not a ‘ompanies reported in receivership or being v Ex dividend Foreign Copper | And Lead Prices Increased Sharply BY the Associated Press. NEW YORK, February 25—Heavy demand today brought a stiff jump of | $10 a ton in the price of domestic lead while other metal prices moved up in concert. The new lead price, announced by | leading producers, is the equivalent of | 7 certs a pound New York base and 6.85 East St. Louis base, and is the highest since Septembar, 1929, Buying of copper for export sent the price to 16.37!'; cents a pound compared with yesterday's range of | 1562, to 15.95 cents c.if. European | | base ports. Tin and zinc futures also drove | higher with tin straits up 1.10 cents | at 5535 cents a pound and May zinc | futures up .05 of a cent to 7.05 cents. THE WEATHER District of Columbia—Fair, colder tonight, minimum temperature about 16 degrees; tomorrow fair, slightly | colder; gentle to moderate west winds. Maryland and Virginia — Partly | cloudy tonight and tomorrow; colder tonight and in central and east por- tions tomorrow. ‘West Virginia—Fair, slightly colder in east and south portions tonight; to- morrow fair. River Report. Potomac and Shenandoah Rivers very muddy today. Report for Last 21 Hours. Temperature. Barometer | Yesterday— Desgrees. ipm. 5 Record for Last 21 Hours. (Prom noon yesterday to noon todas ) Highest, 36, at 3:15 p.m. yestercay Year ago. 64 Lowest, 30, at 6 am. today. ago, 3i. Year id this year. | CLEARINGS MOUNT IN HOLIDAY WEEK Volume Represents Increase of 11.4 Per Cent Over Same 1936 Period. | By the Associated Press. NEW YORK, February 25.—Higher bank clearings were recorded in the United States for the five days which included Washington's birthday. The total for 22 leading cities, as reported to Dun & Bradstreet, Inc., for the five- day week ended Wednesday, February 24, was $5,591,156.000. or a rise of 11.4 per cent over the $5,018,780,000 in the corresponding period of 1936. This | contrasted with a loss of 1.2 per cent in | a similar comparison a week earlier At New York City clearings were §3.- | 669,368,000, an increase of 10.2 per cent from the $3320,079,000 in the comparative 1936 week, while the ag- gregate at outside centers of $1921.- 788.000 topped last year's total by 13.7 | per cent. At Cleveland, Cincinnati, Atlanta, New Orleans, Louisville and Dallas gains ranged from 25 to 38 per cent. The advance at Louisville of 38 per cent was the highest for the week Clearings at that city have shown a three-week rise. reflecting the broad- ening resumption of business activity since the flood | There was an increase of $12.500.000 over the total of the period preceding Between the same two weeks of 1936 | there was a drop of $628.614.000. Figures at leading cities, together with percentage gains and losses com- pared with those of 1936, follow, also Baldw L bd rts(d) Barium Stain Stl Bell Alreraft Rellanca Alreraft 3 7 13 64 g 7 13 625 1’ 514 1716 Lion Oil Ref (1) __ Lit Brothers | Locke St1 Ch t80c net income of $7,232530 equal after dividends on the preferred “A" and “B" stocks to $1.71 a share on 3,095,- Stackpole, organizer of a company to fiy planes between Washington and Harrisburg, said the firm will later | | dafly average bank clearings for De- | cember, January and February to date (In thousands of flfl"!n Record Temperatures This Year. Highest on January §. Lowest. on February . LAGS IN JANUARY| provide direct connections with trans- continental ships operated by Trans- continental & Western Air, Inc Preliminary plans, Stackpole said, call for two daily round trips between Washington and Harrisburg. The gervice later will be extended to Buf- | falo, N. nd eventually to Toronto, | Canadt LARGE GAIN REPORTED BY NORTHERN PACIFIC B the Associated Press. NEW YORK, February 25.—Charles Donnelly, president of Northern Pacific Railroad, estimated net oper- ating income in January was approxi- * mately $379,000, compared with $53,- 000 in the same month last year. DOMESTIC BONDS. High. Low. Noon RR3a RRlz BRIz e C 55 oth Stee, B El 4125 ‘5% Chi Rvs_5s Ein str ry'5las Citles 8Ve i 10534 1054 1015 10315 1 | Berkey&Gay F Co Berk&GF pur war Bliss Co (EW) Blue Ridge C allc Blue Ridge cv pf 3 Blumenthal S Bohack HC 18t f | Borne Serym bide | Eotany Cons (d) | Bouriols (a76¢) - Bower Roll B (2) Bowmn-Bilt 2d of Brazil TL&P 40c Bridgep't Mch al Brill Corp (A) Brill Corp (B) __ | Brin Corp ot Brillo Mfg (60c) Br-Am O cou t80c Brit Celan Ltd res Brit Col P(A)1.60 Brown Co pf Brown F&W blse 508 2008 1 1 3 2 12 6 2 4 508 1 1 1 258 1008 2 Brown F&W (A) 2 1 | Brown Forman Buff N&E pf 1.60 Bunker H & S(b1) | Burco Inc war Cable El Prod vic Cable & Wire(A) Can Car&Fdry pt Can Indus Alco A 2 { Can Marconi Carib Svndicate Carnation Co (1). Carnegie Metals _ Carrier Corno Carter (JW) 80c_. Casco Prod b2% Casco Prod rights Catlin Corp (a4tic) Celanese 1st pf(7) | Celluloid Corp | Celluloid Corp pf | Cellul'd C1st pf a8 Cent Ohio S b25e |Cent& S W t't1) Cent States Elec Cent 8t E1 7% pf | Centrif Pipe t40¢ Charis Corp(1%) | Chi Flex Shaft (4) | Chi Rjvet & M (2) Chief Consol Childs Copf - Citles Service Cities Service nf | Cit Sve P&L $6 f | City Auto S(t60c) | Claude Neon Lts . | Clev E Il lum($2). R4 104 104 104 All0 110 103021 104 a 2R3, lni‘q 10RY, R07y l’z 10075 101 1061, 1 Penn WakP, 'eop GLkC 45 81 L&P 5s 'i9 8A1y R 10015 10014 100! Cauca Vll Shue M B 47 frife o!n *58 TNt rrants. W Sithout (stp) lNelombum ivaited "By MACIILY: 1Companies reported in receivership. CHICAGO PRODUCE. HICAGO. Pebruary 25 (P.—Poultry. m ao trucks. steady: hens over 5 p ug‘nfi. 5 -"Efim'a" arta o White nul'fi: fryers, 2245 Plymouth Rock, 2. d Whl!c Mc brofleu. 2.’lh Plymnnlh hens. : 8: ol nn-nn lb ducn 4‘/2 d eolored. 20: small wh fi'é and 7 pounds pounds. steady, prices inchanged. s. teady. prices nged. atoe: tracr, "ot U, 8. shipments. 74] old stock dull, weaker supplies moderate. 3 ount cold weather: T hundl’!dneuh! Idaho Russet Burblnfi few sales. 3.40-76:, fair qual- 1y, hu‘ lo medlum. no sales’ [epo e U practically free from ped s, rado Red No. l‘.'. 3. ine hlils lr imphs. U. Round Whites, >3 4570 8. come coording” to quality; Mlchllln Russet’ Rurlh U. 8. i 2.45: new stock slightly stronger: xuvnllex . trading account cold weather: track sales. urhu buthel crates. Horldl Bliss Triumphs. U. . 3.00; es; than %rlnu 1 g ch .';;', March grade i Ap'il erade Clev Tractor - Club Aluminum - { Colon Dev Lta _. | Colon Dev 64, ot | Coln Fnel&Ir war Colts P F A b3 Columbia O&G 2 Co'wlth Dist aloc Comwlth Edis t4 Com with & S war | Com'u'ty P&L 1st | Community W § | Cons Afrerarft | Consol Copper | CGELt&P Bo 3.60 | Cons Min&sm 12 | Consol Retall Stra Cons Roval (20c) Consol Steel Corp. Cont'l Roll & S Fy Cooper Bessemer Cooper Bess pr pf. Copper Range - Cord Corp Coaden O11 Me (4) Cosden(Me)pf(d) Cramp(W&Sons) . a Creole Pe’ (a50c). Crocker-Wh al0c Croft Brewing _ Crowley Milner __ Crown Cent P ac Crown C I(A)b50c Crown Drug bl0c Crown Drug pf 1% Crystal Oil Ref Cusi Mex Mining Dayton Rubber __ Derby Oil & Ref Det Pap Prod t25¢ | Det St1 Prod a1%. | Domin S&C (B) i Dow Chem (2.40) Driver Harris 134 Dubelier Condens Duval Tex Sas0c Eagle Pitcher b10c East'n G&F Asso East'n G&F pf(6) East G&F v f 4% East Mall Ir 21.30 East'n States Pwr Easy W M(B)150¢c Eisler Elec (abc) Blec Bond & Share Elec B& 8 of (5) Elec B & S pf (6) El Pwr As(A)a25¢ Elec P&L 34 pf A Elec Shareholding Elec Sh pf ww (6) Elgin Nat W a2y Emp G&F 1% of Equity Corp(a2se) Burop'n El bd rts '\ . Evans Wall Lead €vans Wall I of Bxcello Air(b20c). Fairchild Av alSc Falstaff Brewing. Fansteel Metal Fedders Mfga2’% Ferro Enam(a3) Fidelio Brewery Fire As(Phila.)t2 sk Rubber Fisk Rub of (§) FlaP&Lpt . Ford Ltd a181-10c ¥ord (Can) A (1) Franklin Ray ag0¢ Froedt't cv pf 1.20 Gen Alloys Gen El Ltd abé%c 3en Firepr't t40c Gen Invest Corp Gen OQut Ad pf a12 Gen Tele C'pal.3b Gen Tire & Rub Gen T&R pf A (6) Georgia Pw pf (6) Glen Alden C (11) Godchaux 8 A(b1) Godehaus Sux(B) Goldfield Consol Gorham Mf vte n Gorham (A) Gorham pf ww ___ Grand Natl Films. Gray Tel P8 (1) . Gr Rap Var(160¢c) Burma (a2 4-5¢). 2 1 4258 6 17 1 1 1008 9 26 16 1 125 7 ® 5 23 24 400s 1 508 508 1 8 10 508 1 1 . 1 17 1008 109 17 268 7 1 1 3 8 2 2 g 2 1 2 1 258 1 63 7”2 1 2008 268 1 960 4 1 1 6 27 1 1 5 3 84 1 6508 1258 258 1 1 3 138 3 2 1 708 3 1008 508 3008 34 3 85 4008 27 208 8 258 2508 5 2 1 508 7 1 2 16 258 2 13 508 26 6 6008 8 663 3 u- 8 1 2 81 | Lockheed Atreraft Lone Star Gas 80c Long island Ltg | Long 1 L pf A(7) Long [sl Lt pf B6 Loudon Pk’n t50¢c | La Land (40e) __ | Lucky T (t12¢) . McCord Rad (B) McWilliams D (2 Majestic Ra&Tel Mangel Stores __ Mapes Cons (2) _. Marion Steam Sh Mase Util Associa Massev Harris Mead John ($3) i Mem Nat G(asoc) 25% | Merritt Chap & S 214 | Mesab Iron 39 | Mich Bumper C._ 55 Mich Gas & Ofl_ 143 | Mich Sugar Mid Sta Pet (A) .. Aid Sta Pet (B) Mid-W AbrasalOc Mining Co (Can) Mock Judson 60c Molvbdenum Corp Montr HLt&P 1% | Moore Dist (t50¢c) Mount Prod (60c) | Mueller Brass *] Murray Mfg al.40 at Aut Fib b50c at Baking Co __. Bella Hess at Contain a50c. ‘ at Fuel Gas (1) am Nat Gyps A a2y . 34 | Nat Leather 93¢ | Nat Mfg & Stores at P& Lt nf (6) 200s at Rub Mcha20e 8 at Service 1 ‘hn Service pf 1 teel Car Ltd 508 Sugar NJ (2) 4 at Transit (76¢) 1 { Nat U'nion Radio 11 314 | Nebr Pwrpf (7). 108 154 | Nehi Corp 2 | Nelson(H) (a45e) 1 estie-Le Mur 1 ew Brad Oal0c 5 E Tel&Tel b1% . 10s ‘%‘.-wunvcluvn 5 | NJ Zine (+2) 606 w M&A Ldalc 6 ewmont Min b75¢ 3 N Y Auctiona2se 1 N Y Pw&Lt pf (6) 20s N ¥ Shipbldg 1 ¥ Telof (614) 1008 Y Water Sve pf 20s Niag Hud Pwrnew 21 Niae F POA) war 4 gara H B war 1 & Hud ist (5) iag Sh Md Ra60c 23 Nipissing (50¢) 8 Noma Elec (bi0c) 6 Nortn Am L & F 5 North AmL&P pf 200s N A Rayon A t13% N A Ray prpf (3) | North'n Europ Of1 | North Pipe L a5 North States P A Nor Tex El 6% pf. Ohjo Edis pf (6) . 100s Ohio Ofl cu pf (6). 1 Okla Nat GasCo 11 Okla Nat G pf(6). 50s |Ukla Nat Gas pf _ 50s Oldetyme Distil 12 PacG&E 1st (1%) 1 Pacific Ltg pf (6) 25s Pac Tin spec (12) 650s Pan-Am Afr (1) 2 Pantepec Of! -2 Pennroad (a25e) 31 [Penn P& L (T) 308 Penna Salt (b1%;). 25s | Penn Wat& P (4) 1 Pepperell Mfg t6 25s Phila Co (1) - | Phillips Pkg a50c. Phoenix Secur Pierce Gov (a50¢) Pioneer Gold b10c Pitney Bow(t40c) Pittsbgh Forgine Pitts Plate G1(a6)300: Plough Inc (1.20) Potrero Susar Powdrell&Al +60¢ Pwr C'p(Can)a2Se 26s Premier Gold t12¢ 3 Producers Corp 14 Prosneritv Bal% 4 Prudent’l InvaS0c 1 Pub Sve Ind pt 208 U 13 508 19 2 1 1 244 8% 58% 2014 174 UTY 38) 38Y a5 7 8y 26% 274 Pug S4 P&L 86 pf 225s Pyrene Mfg a%c. 238 Quaker Oats (5)--110s Quebec Power (1) 50s Rainbow Lum (A) 18 Rainbow Lum (B) 53 Raym’d Conc (1) 400s Red Bank Reed R B new 180« 7 Refter-Foster . 6 Reybarn Coa25c.. 3 Reynolds Invest . 8 Rice Stix DG b50c 1 Richm'd Radtator 15 Roch G&Epf D 6. 50s Root Petrolm(1) 1 Rossta Intl Corp 1 Ri ks F Av(f1) 1 Rustless Ir&Stl 1 Ryan Consolid'd 3 Ryerson & Haynes § 8t Anthony Gold IO St Rexis Paper St Regis Paper pf lla Savoy Oil Schiff (The)Co(t3) & H Sexal Lock Sefberling Rubber Selby Shoe <2) . 10 Selected Indus 35 | Sent Saf Control Seversky Afrcraft Shattuck Den Min 2 9 19 Simmons HA& P_ Singer Mfg Ltd rcts (a28 4-5¢) Sonotone C (a10e) So Penn Of1¢ *1%) SoCalEdpfC1% Southn Union Gas Southl'd Roy a5 Spanish&Gen rcts Spanish & Gen (B) Spen Chain 8t 60c 334 Suulr' DptA l“lfli tand Brewing . sua Drev vt---vl'- 758 106 1134 12 106 3044 % 3134 107 6% 9% ™ 5 110% 173 883 131 17 1514 104 314 64 8% 254 140 16% 854 1134 3 o0 3% be] 16% 12% 335 ©ug Sd P&L pf(5) 150s 83% 49 1434 121 22% 2 w 344 1 “ 134 % 234 1% kil 10434 1% " 10% 3634 4 s 23 1614 an o 106 11134 ny 106 304 “ 313§ 107 453 69% 7 4 1108; 1713 88 131 17 15 9% 30% 5% 8% 25 140 16% 3% 1 kA s 164 12% 33% 82 o 18 119 22% 4 % 3344 135 423 1% 5% 2§ 1% 7 10434 1 % 0 3% | Walker Mining | 82 | 742.594, or $1.65 a common share in | ¢ | ported it began | Starrett Corp vtc 234 | tTtah Apex 100 outstanding common shares. compares with $5,261390, or $1.07 a common share in 1936. McCall Corp. McCall Corp. and subsidiaries pub- lishers. reported for year ended De- cember 31 net profit of $1186.943, equivalent to $2.20 a share on the capital stock. In previous vear profit was $1,215271, or $225 a share. Net sales totaled $11,788,320, against $10,- 897,139 in 1935, Southern California Edison. Southern California Edison Co., Ltd.. exclusive of subsidiaries. reported 1936 net income of $12.760.559. equal after preferred dividend requirements a common share. against $11.- 1935. Edward G. Budd Mfg. PHILADELPHIA, February 25 ().— | The Edward G. Budd Manufacturing Co. reported a net profit for 1936 of Timothy seed per cwt., This | $991.271 after all taxes and charges, | and including a non-recurring income | 35.00. of $635.970 from the disposal by Budd International Corp. of its interest ' | in the Pressed Steel Co, Ltd. The ' ¥q % | 1935 net profit was $743.412. Earnings, after a dividend of $416.- | 717 on preferred stock, amounted to | 34 cents a share on 1,656.808 shares In 1935 earnings of common stock. were equal to 30 cents a share on 1,060,618 shares. The company re- the production of light-weight stainless steel three years ago and started 1937 with orders for $6.300,000 worth of rail- road equipment. trains - America- Radiator & Standard San- | itary Corp.—Company announced & 10 per cent wage increase, retroactive to February 1, for about 10,000 em- | ployes. — :dolllr was quoted at 21.5014. 2:30 Stockand Sales— Dividend Rate. Add 00. High. Low Close Stand Ol Ky (11) 11 19% 19'¢ 19% Stand O Neb a2ic. 13% 13 H Stand Oil Ohio 1 431y 42 42 Stand Oil Oh pf & 108% 104 Stand Pwr & Lt ' e 6 Stand Prod (h23e) 2214 Stand S11&Ld t4c) Sterchi Bros a30c | Sterchi Bros 2d a1 Sterl Alum Pa T5c Sterl'z Brew aT5c Sterling, Inc(20¢) Stinnes(Hugo)d 11 Stroock & Coa2% zno. Stuts Motor Sullivan Machine_ H Sunray Ofl (al0c) 25 Sunshine Min (3). 21 TaggartCorp . 8 ‘Tastyeast(DeDA. 1 Taylor Dist (30¢). 10 ‘Technicolor a50e.. 13 Tech Hughes t40c 1 Texon Ol &L 60c 3 Thew Shovel a50c 150s Tilo Roof (t50c) 1 Tob Prod Exp16c 3 Todd Shipyd (t2) 100s Toledo Edis pf (6) 10s Tonopah Belmont & Tonopah M (a6c) - Tr-Lux DPS t20c- Tri-Contl C war Tubize ‘hatillion. Tubize Ch A (b1)_ runz-Sol Lump n Tung-Sol L pf 80c Twin-Coach a1.40 Ulen & Co 5% pt Ulen & Co 7% % of Un G of Can a35c. Unit Alr war Unit Chemical __. Unit Gas Corp Utd Gas war ____ Unijted G C pf b1% Unit Lt & Pw «A) Unit Lt & Pw (B) Unit Lt & Pw pf Unit Prof Sh al0c Unit Shipyds B Unit Shoe M 2% Unit S Mch p?1.50 U S Foll (B) (1) . U S & Intl Secur US&IS 1st pf b1% U S Radiator U 8 Rub Reclaim_ U S Stores Unit Stores vte __ Unit Verde Ex (1) Unit Wall Paper Univ Cons Ofl(al) Sronane = - rEBunanrrnosane~mBulloonan 59 Ut P&L pf b87%c. 258 Utah Radio Prod 4 Utilities P&L (4) 9 Util P& L pf (d).. 50 Utility Equities 1 Utility Eq pf b4 1608 Utilities Indust’l. 2 Utility & Induspg . 4 Valspar vtc ‘Valspar pf vte. Venezuela MexO. 2 Venesuela Petrol . 11 Wasner Baka2.35. 1 Wait & Bond (B). ‘3’ Wayne Pump (50c 30 Wayne Knit Mills. 1 Wentw'h Mf 11.20 2 W Tex Ut pfadd% 20s W VaCoal & Coke 4 Westn A E (a26c) 3 West Au Sup A 14 1008 Wil-low Cafeteria Wilson Jonazl Waolverine Port C. Woly Tube (+40c) Wool FW Ltd bélc Wright Harg teve 1 Ygstn 8tl Door(2) Yukon Gold(al3e) 51 Dividend rates i dollars based cur%y or_semi nual rate—not cumulated divi Paid 6 . 1008 Chicago Cash Market. Wheat, No. 2 dark hard. 1.37; No 2 mixed, 1.29'; (smutty): corn, No. 4 to | mixed. 1.07; No. 4 mixed. mainly white, 1.08; No. 3 yellow, 1.09al.10. No. 4 yellow, 1.06',a1.08';; No. 4 white, choice, 1.11; oats, No. 2 white, 48%a 51: No. 3 white, 49: buckweat, sample, 2.32';; soy beans, No. 2 yellow, 1.53';; barley actual sales feed, 73: quotable range feed, 73a95; malting, 1.00a140; 6.0006.25; new, 5.75a6.00; clover seed per cwt. 28.00a . spot. domestic. February, 1 ——— e DOLLAR GOES HIGHER IN LONDON DEALINGS , BY the Associated Press. LONDON, February 25.—Buying improved in the foreign exchange market today and the United States dollar advanced 5 16 to $4.887; to the pouna, compared with the overnight New York rate of $4.891'16 Prench francs closed unchanged at 105.15 francs to the pound. PARIS, February per cent rentes, 72 francs §5 centimes; 4'; per cent rentes, 74.45. Exchange on London, 105.13. The 'PURCHASE IS PLANNED BY KENNECOTT COPPER | By the Assoctated Press. # | stockholders, NEW YORK, February 25.—Kenne- cott Copper Corp. has offered to pur- | N, * ' chase from Ohio Copper Co. of Utah a S portion of its property containing low- grade ore, Percy H. Kittle, president | in a letter to he recom- of Ohio. announced in which | mended approval of the purchase. The property in question has been delinquent in taxes for four years and will be sold to the highest bidder in May if not redeemed. The Kennecott offer involved & payment of $600,000. INSURANCE STOCKS NEW YORK. Pebruary York Becuriny Deaiers Assoc ation Bid. (1 Aeml 0% (! Am Equit (1 Am Ins Nl'llk l‘a) Am Reins (3) AR Reserve (1a) Am Suretv (212} Automobile (1 Lincoln Mass Buna 312 Natl Fire (2) Natl Liberty (.20a) N’ Hampshire (1.60) — Y Fire ( Nor Rive Phoen Broy Wadh 1a St Paul Pire (8} Sprinefleld (4 fe Tllvzll;‘rl a6 U 8 Fire (2) wumusrer (1.208) -Also extra or ext; l—beclnea or nlu n far this ye: REICHSBANK STATEMENT. BERLIN. February ? (@.—The Refths. bank statement as of Pebnurv 24 (in thousands of reich: ) Notes im circula. lation 4328000 —132.000 : 67.082 142 Forelgn Teserves 80 Other _ bil chlqun Other daily matur- Im: obligations Advances Investments Ratio of_gold and Currencies w naul. 17 per cent. mu of discount, currency 5553 — of ex- and 4213405 —106,363 + 58.0\74 U. 8. TREASUBY NOTES. 2 ‘fl Eees 3E3a%Ras0, == e BB DI= TN I 22! 523 S, okt i e et e ) bt o o 83323233:% P ) 332 FERRSEIS 2 3 GETS WESTINGHOUSE POST. NEW YORK, February 25 (P).— welleyanmyloumrynflhem- pany to fill the vacancy caused by the death of Warren H. Jones. a2 25 (®).—Three | 4 | By the Assoctated Press. CHICAGO, February 25—Whole- sale trade in the seventh Federal Re- serve district during January declined markedly from the higher December volumes, the Chicago Federal serve Bank reported today. All groups, however, followed nor- | mal seasonal trends and showe: gains over the corresponding .aonth a year ago, the bank said. Grocery sales dropped off 6 per cent in the period. as compared w.th | the previous month. Drug sales de- | clined 8 per cent, hardware sales 32 | per cent and electrical supply sales 37; per cent. Department store trude was 52'; per cent lower than the December volume, but showed a 20 per cent gain over last January. Retail furni- ture volume declined 41 per cent from December, but was up 30 per cent over last January. Shipments and new orders at furniture factories slumped more than usual. Strikes brought a curtailment in automobile production. but the out- | put exceeded that of January, by 4 per cent. January production of packing house commodities, following exceptionally heavy volume of the revious month, dropped 18 per cent to a level 4 per ! cent under a year ago. FOREIGN MARKETS. LONDON. February was e on he. Block Extnam and the market held senerally Trans-Atlantic shares closed aroun: high levels for the dav. and the section and foreign bonds also so Tobacco, mining and distilling issues w firm and higher and the oil section steady. prices closing slightly above ye terday 8 —Industrial issues were gener of the list was mixed to 5 contimes and Canad: SIth”a net ain of 30 francs. FREIGHT LOADINGS. NEW YORK. Pebruary %5 @ —Reve- nue freight carioadinas on raiiroad. re- Dorting for week ended February 2 in- cluded: Prev. L Gulf Coast Lines Int.-Gt_° Northern Mo -Pacific Central 2! Burlington Western Pacific BOS'EON WOOL MARKET. BOSTON. Pebruary 23 P —(United States Department of Agriculture.)—Soot domestic wools were very quiet in the mar- | ket here todav Mills were making very | few inauiries. and 1n view of the guet de- | mand holders of spot domestic wools were making little effort to close sales. Senti- ment was showing a little improvement as cable reports indicated a_strengthening Tendency in Australian markets Some. country packea 3u _and i hlood. bright fleece wools. offered from the Middle West were reported to have been bousnt by Eastern buvers at 46 to 47 cents in the grease. delivered. METAL MARKET. NEW_YORK, February 25 (# —Copper - electrolyfic spot and future, 15.00: ‘ln nmn( and Le o e e 00gH, ad strong ,spoi. New York. 7 00gH.05: Eatt SUCLouf ish. zinc steadse East St. Louis spot and_ future. #.80. Iron fob "EasternPennsylvania, | f.0b. Buffalo. 22.00. 1 ARiminie. Qwick: antimony unchanged. spot First Morigage Loans Interest 53'2% Small Construction Loans Considered Wm. T. Ballard 1221 Eye Street N.W. E i supervision of the United States ® Treasury. loans your money . ONLY on Pirst Mortgages in Maryland, Virginia and the District of Columbia. Something to Ilo Thankful For . . . For a Long Time! As the years roll by, and you receive your regular return on money invested in First Mort- gages through this concern, you will more than once be thank- ful that you heeded our ad- vice to Save with SAFETY! Of all the investments pos- sible. the safest and soundest unquestionably First Mort- gages on Homes. This association, under the Re- | Low | Moon 1936, | Al Humidity for Last 21 Hours. (From noon yesterday to noon today.) Highest. 98 per cent. at 5 am. today Lowest. K1 per cent. at 3 p.m. yesterday. Tide Tabdles. (Purnished by United States Geodetic Suzves.) Coast and Tomorrow *4lam Al3am 0 p.m 3:36pm. High ___ High Low _ The Sun and Moon ets. 8Bun. S' 5 Sin today tomorrow today Automobile I 503am hts must be turned on | one-half hour after sunset. Preci Monthly precint Capital ation. on m mchu 1n the | (current month t { Montn. January ___ Feoruary Mareh _ 2 | Januarv k- il Weath's Cloudy 0.01 FEEE Clear 18 By el aZTREFRNLREY HS [ ¥ 30 002 Cioiar RAILWAY INCOME. NEW YORK. Pebruary 25 P —Net op- erating incomes (before fixed charges and other income) of railwavs reporting today for January includec: Ann Arbor Colorado & Souther Chicazo &t Paul Min- neapolis & Omaha Delaware & Hudson Detroit. Toledo & Iror town : Ohto Pacific it MON EY MARK.ET YORK. February 25 (P steady: | per cent all day | paper. 1, per cent. Time ) days-i months 1'4 per cen ankers acceptances unchanzed unt rate, New York Reserve Bank, NEW morey com Boston Philadelphia _ Buffalo - Pittsburgh Cleveland Cincinnatt altimore Richmond Atianta New Orleans Chicago | Detroit = | St. Louis | Louisvitle | Minneapolis |Kln City Om Dal = San Prancisco Portland, Ores. | Seattie Total New York Total all Average dailv | February to date §1.08% IREY) 11681 S ASKS LOWER RATES SHANGHAL February 25 (®)—The American Chamber of Commerce | Shanghai began a campaign today fo: lower telegraph rates between th United States and the Far East. The movement was in preparation for pros- pective Federal communication hear- ings in w:mmgmn on the rates. T$1.921.768 3.66! = £5.591.156 December | NEW YORK BAR SILVER. NEW YORK, February 25 (#).—Ba: silver m.eady and unchanged at 44°. REAL ESTATE LOANS N SMALL BUSINESS PROPERTIES. FRED T. NESBIT 1010 VERMONT AVE. DISTRICT 9392 OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM'S FURNITURE HOUSE 1118 Eve St NW Phone NA 2184 Money for Constructi-n Loans and Loans on Improved Properties Prevailing Rates FIRS1 DEED OF TRUSI ONLY GEORGE 1. BORGER 643 indiana Ave. N.W. Nat’l 0350 for BUILDING REFINANCING and TURCHASING Homes . Safety for Savings " Terms as Low as Per - 51,000 PER MONTH PRUDENTIAL BUILDING ASS'N ] 1331 G 5t. N.W. Suite 304-5-6 Di. 6270 LONG TERM Mortgage Loans 5% Monthly Payments of $6-60 on each $1,000 borrowed, include interest and pay off loan in 20 years. ® Interest charged only on unpaid balance of principal. ® Amount | oaned—up to 66249 of appraised value. ® Valuable prepayment privi- leges. Other plans of financing first mortgage loans available H. L. RUST COMPANY