Evening Star Newspaper, March 5, 1937, Page 15

FINANCIAL. BONDS ON N. Y. STOCK EXCHANGE BONDS UNCERTAIN IN NARROW RANGE Trading Centers in Cor- porate List Where Railroad Issues Improve. Bond Averages 20 10 10 10 Rails. Indust. Util F'an Net change. Unc. 1 Unc. Today, noon. 969 103.9 101.3 73.0 Prev. day-_. 96.9104.0101.4 73.0 Month ago. 97.8104.0102.2 73.6 Year ago. 93910331023 72.0 1937 high. 99.0 10441028 74.7 1937 low- 96.9103.8101.3 723 98.2104.4103.1 73.0 8691018 993 67.6 458 400 64.6 422 101.1 98.9102.9 100.5 10 Low-Yield Bonds. Noon ....111.1 Prev. day. 111.1 Month ago111.8 Year ago. 1118 1937 high. 113.7 1937 low.. 1108 1936 high. 113.5 1936 low.. 110.2 1928 high_ 1044 1932 low.. 8638 (Compiled by the Assoclated Press.) BY the Assoclated Press. NEW YORK. March 5—Trading fell away to a shadow of its former self in the bond market today and prices wriggled indecisively in narrow ranges. ‘What trading there was centered in the domestic corporate section where railroad issues tended to improve a bit and utilities sagged a little. Baltimore & Ohio 41,s, Great Northern 4s and Chesapeake Corp. 5s improved a point or so, while St. Paul 5s of 1975, Penn- sylvania general 4s and Southern Rail- way 4s gained fractionally. International Paper & Power 5s and American & Foreign Power 5s worked lower on light dealings. Abitibi 5s, however, jumped up more than 1!z points. United States Government loans ‘were traded at lower prices with set- backs extending from 1,32 to 6 32 of‘ & point. DIVIDENDS ANNOUNCED NEW YORK. March 5 —Dividends de- elared (prepared Ly the Standard Statis- tics Corp ) Extra, Rate, 55 Stk of Par- i Mead Jonnson & Co SEe O Soras Aok Reduced. 16e M Accumulated. Crn:'ral States El (Iow: Pepeekeo Sug: B2 S s 3 Bpang Citaitant k Co 6% Bt <1.50 Resular. Borg-Warner Corp ) City Auto Stamping 15c ead Johnson ueofl Corp Ltd oore Corp Ltd ADp Nati Enam & Stamp 30¢ Q NEW YORK BANK STOCKS NEW YORK. March 5 (#.—Over-the- eounter market bank and trust companies —opening bid and asked pméxd i Bank of Manhattan (1%).. Y Chase (1.40) City (1) % g(‘)m‘m;rc!l al (%) 5 It National (1 Bublic (1 100 Bankers (3 Brookiyn Trust (4) Central Hanover (4)_ Chemical (1.80) _ Continental (.80)_ _ Corn Exchange (3) Empire (1) Guaranty (12, Trving (.60} Lawyers' Trust I'Z.W). Manufacturers (2} lew York Trust (5) itle Guaranty & Trust FEDERAL LAND BANKS NEW YORK, M 5 Land Bank Donds: MATE 8 4'4s Nov 4'4s May 45 May 47 1691 Asked. 106 1011g CHICAGO PRODUCE. CHICAGO. March 5 (. —Poultry. live 20 trucks: hens easier, chickens firm: hens over 5 pounds, 17; 5 pounds and less, 19; Leghorn hens mn, colored. fryers.” > ‘White Rock. 24: Plymouth Rock col ered brollers, 23: White R outh_Rock. arebacks. ooster: 13. Leghorn rooll.!rs. t urken. 3 21: young toms, 17: old. 16: No. 2 turkeys, : ducks. 4% pounds up. white and col- 20 small. white and colored. 17: - capons. 7 pounds up. 24: less rm 35: extras (92) 1,23, firsts (K- | ceniralized carots). unsettled. prices Potatoes. G3: on 2. 282: total United 8iates shipments. 752: old stock. supplies moderate. best russets firm. demand fairly ®ood: “other stock steady. d light: sacked per hundredyeish “fdaho_ Rus- et Burbanks. U. ac- Eoraine 18 size Shd auajits: OB McClures. U. S. No. 1. few sales, Wisconsin Round Whites, no U. 8. No gales reported: U. S. commercial car. 2.20; Wis ‘obblers. U 0. 2. for seed new stock firm. supplies moder- emand moderate: track sales. car- {05 Samel crates Plorida Bliss Triumphs. U. 8 No. 1. 217" :lcrne un NEW YOB.K PRODUCE. NEW YORK, March 5 (P.—Eggs. €95. irregular’ | Mixed “colors: sta (less than ots). 2415-3;: carlof firsts, 23-2: mediums, mixed colors unchanged. Butter, 7,041: firmer: creamery. higher than exira. 3;: ‘extra (92 score). B4%: frsts (RACDI scores, 34%a: sec. onds (84-87 scores). 30%-3: entralized lfl(l: score), ‘heese. R'HIBK firm and_unchanged. Live poultry by freight frm: chickens. Leghorn. 15. 21: Leghorn, TR Firkevs, 18-26. * Other freight prices uUnchanged, b—Bid. 2215-3,; " other T. S. TREASURY POSITION. BY the Associated Press. The position of the Tre ; Receipts. $24.468 960 7. expenditures. 45,415.53: ~ balance. $1.600.854 - Sustoms receipts for the month. ury on March mcupu ror the fiscal year (since July D 0.507.63: expenditures, $4 3.5 "0 34, including .178, 80318 of emergency xgnelndltures excess ) | Colombia 68 61 Oct (). —Federal | By private wire direct to The Star. TREASURY. High, w110 104.81 104,27 103,24 108,11 2148 1949-53 23,8 1945-47 2% s 1945-47 2% s 1948-51 2%s 1961-64 2% 5 1966-59 .oce. 3345 1946-49 3148 1949-52 |3%s 1941 | 348 1944-46 | 3% 8 1940-43June “ 3385 1941-43 Mar 335 1943-47 3%5 1946-56 _ 45 1944-64 4% 5-3181943-45 2is1942-44 2%8 1939-49. 381952 Abitib] Pa&Pw 6863 Antioquia 78 45 A Antioquia 7s 45 D. Argentine 413571 Argentine { }4s 62 Argentine 6s 57 A Argentine 68 '58 B Argzentine 6s 59 June Argentine 6s 59 Oct Argentine 6s '60 Sept Argentine 68 60 Oct | Argentine 6s ‘61 Febr Argzentine 6s ‘61 May Australia 43s ‘56 Australia 68°55. Australia 5367 Belgium 78 65 Berlin 6s 58 . Berlin Elec 6s 55 Berlin Elec 6248°5 Berlin Elec 6‘/.5 ‘59, 7 Brazil 7853 Brazil 8s'4 Brisbane 6s ‘58 Buenos Atres Buenos Alres 4%s-4%s 76 April Buenos A 4%s'76 Aug Buenos A 6361 st Pv Bulgaria 7s 67 July coupon oft Canada 3%s 61_. Canada 45'60 | Canada 5s°52. Chile 6s '60 Chile 6s'61 Jan Chile 65 61 Febr. | Chile 6s 61 Sept Chile 6s 62 Chile 6563 Chile 78 ‘42 Chile Mtz Bk 68 62 Chilean Mun L 7860 | Cologne 615850 | Colombia 6s 61 Jan Copenhagen bs ‘52 Cordoba 7s ‘42 Prv. Costa Rica is A '51_. Cuba 55 '14-'49 .__ Cuba 5%s 45 Czechoslovakia 8s°52 Denmark 4%s 62 Dominic 15t 51840 | Dominic 18t 6128 42 Dominic 2d 5= 40 Dominic 5135 '61 ext | Ger C Ak Bk 6560 Oct Ger Gen Elec 6548 ___ Ger Gov 535 "85 st Ger Rep 78 49 stpd Grt CEl Jap 6%8'50... 1Aty s 51 Japan 6%s " Japan 6%s ‘5! Kreug&Toll 5589 cts. Mex 45 '10-'45 asst sm Milan 6%s ‘52 Minas Gers3%s ‘68 Sept coupon oft MinasGers 6%s ‘69 Sept coupon on New So Wales 58 '57__ Norway ‘%8s '65 Norway 438 ‘56 Norway 5s ‘63 Norway 68 43 Norway 68 44 Nuremberg 6s '52 Oriental Dev 5%s '58 Oslo 4%s 55 Paris Or] Ry 5%s "68. Pernambuco 78 '47 Sept coupon oft Peru 68 60 _ Peru 6s ‘61 . Poland 7s 47 Poland 8s ‘60 Porto Alegre 7%8°68 July coupon off . Prussia 6%s'51. Rhine W E1 P 68°563 . Rhine W E1 P 78°50_.. Rio de Jan 64863 Aug couponoff_____ Riode Jan 8s 46 April couponoff____ Rio Gr do Sul 7566 May coupon off _ Rome 615852 Rumania 78’49 Aug couponoff ____ Sao Paulo C6%s '57 May coupon oft Sao Paulo St 7s 40.. Sao Paulo St 7s ‘56 Sept coupon off Serbs 85 ‘62 unmco _ Shin'su E1 P 6%8°52. Silesia Prov 7s '58 Silesian Bank 68'47 Sydney 5%s ‘55 Taiwan Elec 6%s'71_ Tokio 6%8 61 Tokio E L Ltd Uruguay 6s 60 Uruguay 6s 64 Warsaw 7s ‘58 Westphal E1 P Adams Express 48°47 Adams Express 4s *48 Ala Grt So con 68'43 Alb Per W P 6548 ww Alleg Corp 68 '44 Alleg Corp bs 49 Alleg Corp 68 ‘50 stp.. Alleg Valley 48°42 Allred Stores 418 ‘50 Allied Stores 4145 °51. Am & For Pw 6s 2030 Am Icecv 5s ‘53 Am | GCh6%s 49 Am Tel & Tel 3% 861 Am Tel & Tel 3%s 66 AmTE&T 4% 9 AmT&T6%s 43 _ Am T F 2%8-58'38-"60 Am Wat Wks 6s ‘75 ot | Am Writ Paper 68 47_ .25 the previous day: s. $11.- !4" H09. ‘S!‘lfl 15, including 211.710.40873 of inactive gold. FOREIGN MARKETS. LONDON. March 5 (#).—Gilt-edged se- eurities declined as fresh selling orders eame into the stock market, while trading in other sections was quiet. Trans-Atlantic shares rallied from their early lows while oil and mining stocks were active and firm Serman bonds sold higher, aithough Polish issues were in large supply. Steel and avia- tion issues were in fair demand. IS —Railroad and electrical securi- ties continued firm at higher prices. while Am Writ Pa 6s 47 cfs. Anaconda deb 4%s '50 Armour(Del)1st 45’56 A T&S Fe ad) 4 gen A T&S Fe 4%s'48 Atl Knox & Nor 5546 Atl Coast L 18t 48°52. Atl Coast Liclt 58'45_. AtIC L un4¥%s 64 Atlantic & D 1st 107, FEDERAL FARM MORTGAGE. 105, 108. 104, 10 108, 103, 104, 107, 106, 107, 107.22 107, 107, 106, 107, 108, 12, 113, 107 30 2 Low. 1007 103.2¢ 104.} 104. 103,23 108.23 103.28 2:55. 1017 104.81 104.27 108.24 1088 108.19 104.21 107, 106,19 107.24 107.22 10718 107.30 106,28 107.2¢ 108.18 11219 113,80 107.30 8 '] .18 17 22 13 30 28 .02 18 19 #0 21 81 104.81 81 105, ' LOAN. 102. 102.16 102,10 102,10 104.15 104.14 104.14 FOREIGN BONDS. High. 9% 16! Bue Al 4348-4% 875 _ 4%8-3%s"TTPv____ Chile Mtg Bk 6s'61__. Chile Mtz Bk 6348 *67_ Chile Mtg Bk 6% 61_ | Dominic 1st 51;s'69ext Mex Ire 433843 asst_. 10 10534 115 68 100% 943 69 1093 100 100 4 1024 2:55. 93Y 16% 16 9974 1013% we 101 o1 102 1025 102 1013 102% 1004~ 1065 106 116% Low. w2l 102 101% 1024 10034 106 106 116% 24 244 86% 993 973 358, 1023 6834 10434 2634 DOMESTIC BONDS. 106 105 15 115 68 68 10035 100% 9435 Al 67 68 109 109 100 100 100 100 108 10634 108% 108%; 99% 9974 993, 998, 108% 108% 1133 113% 181 181 109 109 9035 9034 9034 903 10534 106 3815 393 1085 1085 9 9 b 99 99 107 107 11134 111y 10935 10935 118% 118% 1083 196 96 96Y% THE EVENING STAR, WASHINGTON, High. Low. Bot Con M 638 '34 ct. Bkiyn EA con 33 #°66_ Bklyn Man T 4%8°66. Bklyn QueensC& 8 con 58 '41 stpd Bklyn Un EI 53 '50 Bklyn Un Gi Bkiyn Un G ref Brown Shoe 3% 8 50 Buff R&P con 43%s 67 By-Prod Ck 5%s 45 Calif Packing 55 40 Camag 78 42 ctfs 51 56 57 (1] Can NR 5569 July re Candian N db 6%s 46 Can'dian P db 4s perp Can dian Pac 414s 46 Can‘dian ;lc ;us ‘60 Cnro Cl&05s'38. CaroCl& 06862 A Central Fdry cv 6s'41 Central Fdry cv 68 '41 Cent of Ga con 6s ‘45 Cent of Ga bs '59 C Cent of Ga rf 5348 '69_ CentII1E&G5s'51. Centof N J gen 6s°87. Cent Pac 1st rf u'as. Cent Pac bs "60 Cent RR B Ga 5837 Cent Steel 8s '41_ Cert'd deb 6%s ‘48 Champ P& F 4%s 50 Chesap Ccv 5 44 Chesap Corp 68 47 _ Ches & O %8 96 D Ches & O 3%s 96 B C&Ogen 41ss 92 ¢ & O con 55’39 ChiB& Q4%s'T7 Chi B&QI div 33849 Chi & E 111 55 51 Chi & I 1155 51 ctfs_ hi & Erie 15t 5882 Chi Grt West 48 59 Chi | & L gen 6566 Chi Ind & L ref 6s'47 Chi Ind & L zen 65 '66.- CMStP4s'sy CM&St P 43%s 89 B CM&St P 6s 75 : CM&StP&P adj 652000 Ch &NW gen 3%s'87_ Chi & NW 43%s 2037 . Chi & NW 4348 2037C. Chi & NW 4%s 49 Chi & NW rf 58 2037 _ C&NW Nr W 6%836._ Chi R 1&P rf 48 '34 Chi R I&P rf 4s'34ctf_ Zhi R [&P gen 48’88 _ Chi R I&P 414862 Chi R [&P 4%s '52 ctf ChiR I&P 4%s 60 . Chi T H&S 1st 58°60__ Chi Un Sta 3 Chi UnSta 3 Chi Un Sta 4s 63 Chi & W Incon 4s'52. Chl & W Ind 4148 62 Childs & Co 55 °43 %|Choc O G con5s’s CinG & E3%s ‘66 Cin Un Ter 318 D gtd | Cin Un Ter 552020 B | CCC&St Lirf 43s 77T E CCC&St L ref 6s '63 D Clev Un Tel 4%s8 ‘77 Clev Un Term 55°73 B Colo Fuel&lIron is'43._ Colo Fuel & Ir 58 Colo & So 4%s'80 Columbia G & E 58 52 May Columbia G&E 55" Colum Ry P&L 4s" Comel Credit 3%s '51. Com Inv Tr 315851 . Conn R& L 4%s 51 Cons Coal Del 53 60 Cons Ed NY 3%s 46 n Cous Ed NY 3%s8'56n Cons Gas NY 4%s '51 Consol O11 31438 '51 Cons Pwr 3%s 70 Consum Pwr 3%s ‘65 Crane Co 3128 51 Crown C &S 45’50 Cuba Northn 53542 Dayton P&L 33%s *60 .. Dei & Hud ref 45°43 _ Del & Hud 5%s°37 Den & R G con 4536 Den& R G 41,536 Den & RGW 5s'55asst_ Den& RGref 5878 _ ‘Des M&F't D 4835 cfs. Detroit Ed 4s°65 F Det River Tun 445’61 Duques Lt 434557 B ETV&Gacnbs'56 El Paso Nat G4%#'61_ Erie cons 43 '96 Erieref 5s 75 Fairbks Morse 45 ‘56 . Fed L&Tr 6s 54 B |Fla EC Ry 4%28°59 __ Fla EC Ry 58 74 Fla EC Ry 5s 74 ctfs Gen Cable '8 47 Gen Mot Acc 3s 46 Gen Mot Ass 315 '51_ Gen Stl Cast 6% s "49 Goodrich 4%s 56 Goodrich 6s 45 Goodyear T&R s '57 Goth Silk H 65'46 ww Great N Ry 48 46 G Great NRy 48 46 H Grt N Rgen 4%s'17TE Grt NRgen6s'73C. Green Bay 65’62 B Gulf M& N 6350 Gulf States Util 4566 Gulf Sta St15%s 42 Hoe (R) 1st mts "44_ Hudson Coal 68 52 Hud & Man Inc 65 '57.. Hud & Man ref 68 "57. L1l Bell Tel 3%s '70 11 Cent col tr 48 ‘53 _ [11 Cent ref 4555 [11 Cent 4% s 66 (11 Cent Lou 3%s'53 . ICC&StL N 0U4%s'63 LCC&StL NObs 63 _. Tll Steel deb 4%s 40 _ I[nland Stl 3%s 61 Int R T 1st rf 68 ‘66 1R T 1strf 5s'66 ctfs Int Grt Nr 63’56 B Int Grt Nr 5556 C Int Grt Nr 6852 A. Int Grt Nrad) 6s'52 A. Int Hydro Elec 65 44_ Int Mer Marine 68 °41_ Int Pap 1st 68°47A Int Pap ref 6s ‘65 IntRyof CA 6s 4 Int Ry of CA 6%s Int TET cv 418 39 Int TET 4%s8'62 _ Int T&T bs 65 lowa Cent 1st&rt4s'51 James F & C 4539 Jones&L Stl 4% 8'61A Kans C So 1st 3s 50 Kans City So ref 5s ‘50 Kings Co El 48 %49 Kresge Found 45 45__. Laclede Gas 6539 __. Laclede G 6%s ‘63 C Laclede G 56%s 60 D__ Lautaro Nitr 6s ‘54 Lautaro Nit 6s 64 cfs._ Leh C&N 4%s 54 C._ Leh Val Coal 6564 weh Val Coal 68°74. Leh Val Coal 6538 Leh Val Har 6s 64 LV NY 1st 4845 gtd_. LV NY 434840 gtd .__ Leh V Pcon 482003 _. Leh V P con 4%s 2003 Leh V RR con bs 2003 _ Lige & Myers 7s 44 Loew's 338 46 Long Isld ref 4s'49 stp Lorillard 7s 44 . La & Ark 6s '69 2:55. a0l 39% 393 10134 10034 10134 1013 1013 101% % 1128 112% 106 106 125 126 106Y 1064 9084 w03{ 103% 1033 104Y 104§ 30 %0 1113 1113 uz nuz 1% 1Y% 118% 118% 11434 1141 12834 12814 964 Bl4 1034 108% 1043 10434 us s 1077 107% 1043 10434 109 109 14 120 222 286 363 864 213 22 213§ 22 1084 10334 8215 8214 1093 1093 10234 103 9434 95 126 125 96 96 10734 1075 137 187 185 156% 98% 9834 981 9814 1193 1194 108 108 1134 113% i 108% 108 104% 109 235 99 1048 | 106% 108%; | 104 10235 | vady a0l 1013 | 106 | 1074 | soxg MOK & T 1st 4s'90... MoK &TGs'62A____. MoK & T ad) 68°67 e Mo Pac 48’76 Mo Pac 6877 Mo Pac Mo Pac Mo Pa Mo Pac 68 ‘811 Mo Pac53%8'49 A Mob & Ohio s 38 Monong Pub 8 41,860 Monong Pub S 6s ‘65 Monong Ry 18t 4s *60 Mont Pwr ref3 ¥%s’'66 Mont Tram 6s 41 Mor&Essex 3%s 2000 Morris& Essex 41,8 ‘55 Morris& Essex 58 ‘55 Nashv C&St L 48 ‘78 Nassau Elec 48'51 gtd Natl Dairy 3% 8'51ww Natl Dis P C 424s°45 Nat Ry Mex 4%5'57 as Natl Steel 4s ‘65 New Eng RR 4s'45 New Jer P&L 4%s '60. New OrlGNR 6s ‘83 A_ New Orl PS6s'52 A New Orl P8 658’56 B._ New Orl Ter 1at 4863 New OrlT&M 418 '56- New Orl T&M 6s ‘51 B. New Orl T&M 6 b4. NY Central 33s°97 __ NY Cent 314897 reg-. NY Central 3%s "46 NY Cent con 4598 NY Cent rf 4%82013_ NY Crf4%s2013n__ NY Cent rf 58 2013 [ NY Cent cv 6s 44 NYCLSh3is"98 __ N Y Chi & StL 4546 _ NYC&St L 41878 YC&St L6518 T4 A NY Chi & St L 6838 . NY Dock 5s ‘38 NY Edisref 3%s°66 . N ison 3%s 65D G El H&P 48 49 _. Y & Green L 58746 NY & Harl 31,8 2000 NY L& W 1st4s 73 __ NY & Long Br 4s'41__ NY NH & H3%s 54 NY NH & H 3%s'56. NY NH& H 48" NY O&W ref 4s '92_ NY Rys inc 68 65 NY Steam lst 6851 Tr Rk 6846 stp .. NY W& B 4% 46 Niag Falls P3%s 66 Niag Sh 51,850 Norf So 1st ref 6561 .. Norf S 1st rf5s'61 cfs._ Norf & W 1st 45'96 _ North Am Co 58 61 North Am 5869 C North Am Ed 5%s 63 _ Nor'n Pac gen 3s 2047 Nor'n Pac 48 '97 == North Pac 55 2047C... Onlo Edison 4 Ogden L.C 4 Ont Pwr Niag 6s ‘43 Orez W RR 4s'61 Pac Gas & E13? Pac G & 153% Fac G & E 4s 64 Pac T&T 3% 8'66 C Pan Am PC 6s°40 ctfs Paramount Pic 68 ‘55 Park-Lx 6145 '53 ctfs Parmelee 6s 44 tenn Co 4s 63 Penn Dixie C 68 41 Penn P&L 4%4s 81 Penna R R 314s w.i tenn RR 38%s 70C .. Penn RR 4%s ‘81 D Penn R R 4145’84 Fenn RR con 4%s '60 Penn RR gn 4%8 65 '55 3 66 1 | Penn RR deb 4345 70 1088 115 106%% 1154 1042 1084 115 106% 11854 | 104% 106% 88 s 99% Penn RR gen 5s 68 People GL&C rf 58°47. Peoria & Einc 45'90__ Pere Marq 4%s '80 Pere Marq 1st 58 °56._ Phila Co 6s 67 Phila Elec Co 4571 Phila Elec Co 4% %67 _ Phila & R C&158°78 _ Phila & R C&I1 6s 49__ | Philippine Ry 4s 37 ._ PCC&St L 4%s'77C__ Port Gen El 4158 60 __ | Prov Sec deb 4s’ Pure Oil 4% 50 xw | Pure D1l 4% s 50 ww | Purity Raking 5848 R-K-O 6s 41 Reading Jer C 485’ | Reading R 41,897 A Reading R 4138 97 B Rem-Rand 4% s'56ww Republic Stl 4%s 50 Republic Stl 43556 Republic St 4%s 61_ Republic St 5%s '54 .. Richfield Ofl 6s 44 Richfleld O 6544 ctfs RG W 1stexin4s’ RioG Wcol 48 49 A__ R1A&L 18t 4%8°34_ Roch GRE 55’62 E___. Saguenay Pw414 566 StJo Ry L T&P 58°37. StLP&NW6s'48 __ St L-S Fran 43 '60A __ St L-S F 4850 A ctfs_ St L-S Fran 43%s 78 St L-SF 4%8'78 cf St L-S Fran6s'50 B . St L-S F 58 50 Betfs. StLS Wenrfss St L'S W 1st ter 5s'52 St P M&M ext 5543 | St P Un Dep rf 5s'72 San A & A Pass 4543 Schuleo 61546 A stp Seahd A L 4350 stp - Seabd A L ref 4s ‘59 Seabd A L rf 4s°59 cfs Seabd A Ladj 5s°49._ Seabd AL 6s'45 A Seabd A L 68 45 ctfs__ Seabd A-F16s'35 A ct Seabd A-Fla 65’35 B ct Sharon Stlcv 4%s '51. Shell Un deb 83s°51_. Silesian Am 78°41 _ Skelly Ol 4s ‘61 Socony Vac 3% South Bell T&T 6s "41 Southn Cal Gas 41 "61 South Nat G 4%8'51 So Pac3%s 46 So Pac col 48°49. So Pac ref 4s 5| So Pac 4%s ‘68 So Pac 4%8'69 So Pac 4%s 81 So Pac Orep 4%s8'77 _ So Pac S F Ter 48'50 So Ry gen 45'56 A So Ry 5s 94 So Ry gen 68 °66 . Sn Ry 61%s ‘56 So Ry Mem div 58" 96 S W Bell Tel 334564 Soutnw'n G&E 45 '60._. Spokane Int 63’55 _ Staley A E 48’46 Stand OfI N J 3 Studebaker ¢v 6 Swift & Co 3%s '50. Tenn Cent 6847 Tenn C&l RR 5851 Tenn C&C 68 44 B Tenn El Pw 6547 rexas Corp 3%s 5 Texas & Pac 5877 ‘Texas & Pac 68 79C.. Texas & Pac5s'80 D __ Tex & Pac 1st 58 2000 Third Av ref 4s 60 Third A ad in ex 55’66 l!llh !nw 255 9334 uK 16 1lh fl&( 73 38 u 106 106 1087 108% 10835 106 9634 96% 102 102 928 93 Y Y 1017 10174 973 9TH 69% 69% 10634 106% 106 106 4% 4% 4 1085 1063 1083 2 12 12 1063 108% 106% 98 98 98 102 1015 101% 101 1008 1008 35 97% 8644 4% 67% 66 603 693 :m 9934 97 loak 1084 1013 101% 9435 944 943 94i4 101 1003 12214 118% 9331 931 103% 108% 96 94dy 103% 9974 64'y 101 100% 10074 100%4 11635 115 10055 99% 106 10834 102 102 108 108 43% 2 % ay 46 3434 62 103% 100 65 § 106% 106% 8 934 2074 104 103% 8035 29%; 11615 104% 103% 102 108% 6% 10634 108 108 111y 1045 2775 1124 106 993 103 - 106% 102 45y 1009 ELEY 64 1011 i 1013 105%+ 1067% 993 10685 1064, 120% 10914 1034 116% 1 25 1003 104% 10614 10234 § 1087 38 17% 25 106 664 a1y 28 i 104 122 & 1008 118 101% 10684 106 11834 m 9874 9875 9RY 20% 104 103% 303 29%; 1164 104%s 10314 1028 1% 106% 106 1133 17634 108% 1084 108% 10274 100} 100 5% 363 8214 823 294 35 821 51% €514 102% 10034 I 3634 8234 328 293 35 3234 51% K534 1024 116% 103 3914 834 20%4 116% 116% 108 103 2934 33% 19% 19% 12% 224 21% 128 124 116 116% 9935 9934 8% 8% 13% 10034 1003 10034 10634 1063 105% 1075 107 107 106% 1053 10534 100% 100% 100% 1007 100% 100% 974 96% 97 106% 106 106 97l 964 V6% 9% viv 9% 9519 94% 954 98Y; 99 10815 108% 83% 84 1091 109% 103%4 104% 107 107 105 105 1055% 105% 10z 102 37% 38 10434 106 u% 9815 98% 161 150% 161 107 106% 107 10634 10634 10534 12044 120% 120% 104% 10435 10435 9914 993 18 12% 116 99! 10624 10534 10634 106% 1063 106% 121 121 0% 0% 0% D. FREIGHT LOADINGS AT B%.727 MARK Total 0ff 2.5 Per Cent From Week Ago, but 3.5 Above Year Ago. NEW_YORK. March 5.—Th cIneq Press scasomaily adjusted Week- 1y index of freight carioadings. based )85, 100, declined ‘today to ed With 77.6 the previous %0. 71.1 659 58.0 50.5 4 BY the Associated Press. The Association of American Rail- roads reported today 696,727 cars of revenue freight were loaded during the week ending last Saturday. This was a decrease of 18,167 cars, or 2.5 per cent, compared with the preceding week; an increase of 23,858, or 3.5 per cent, compared with a year ago, and an increase of 92,396, or 15.3 per cent, compared with two years 2g0. The report classified the loadings as follows: This week. Last week. 1.779 Year Miscellal - scellaneous ht . 288.326 +41.643 car-lot mer- chandise . Coal .. Grain and grain prod- ucts Western districts _ Live stock — 4.620 45 10 —16.008 2,080 1,568 666 — 8.885 — 5318 453 Washington Produce. V BUTTER—9? sc0] = p‘r'::x ’u;‘!r’:; und prints. 37: score, ‘gfinu prints, 37: '-pound prints. 381 g Market strorlg. hoice. beef. 15: calves. 16 ve.l : llmb 18: pork lnln 21: fresh ham. 23 smoked i 26 sliced ‘bacen, 33 " slab bacon. compound. 13%2 iard. 15, LiVE STOCK —Pigs. Blaafls: lisht hoss R840, medium hogs _'zaf%. heavy | Rogs. Baoia: roushs. 8as: calves. 5a10: lambs 6810, Prices paid shippers net f.0.b_Washing: ton the United States Bur-au of Agricultural Economics: EGGS—Market 'y 10 % cent hi.er on Government | &7aded eggs: others _un- changed, but full steady. ~ Current receipts, 21a2ls; hennery whites. 22 Gov: nt graded and dated umu eges (net Drices paid shippers fob. Washington): laree. 2i7s U B, exiras. medims. 208 U, 8 Snidards. Taree. E POULTRY—Market steady at chunyed " prices. . Fowl: Colored. hessy, 13aln: Leghorns, 11813, Chickens: Rocks and Crosses, under 3 pound: 3 Gulneas. Joune. each. under poun o Furkevs young toms. under 19 pounds and over. 15 L25id nens, 14: oid toms. 14. Fruits and Vegetables. Sales in large o lots by original receivers to ¥ A.m. t WP e w.snlnnon arrived: two unbroken cars on track. Supplies moder- ate: demand moderate: market slightly stronger. Bushel baskets U Virginia., Staymans, 2%-inch B inimium, 140-1.50; 213-inch” minimum 1.65-1.75: 23-inch minimum. utility grade. some scalded stock dition: Yorks, 215-inch minimum. ch minimum, 1 :nd: “some scalded stock size and condition: Delicious, minimum. 1.60-175: 21.-inch 33,-inch minimum, 2 14-inch minimum. 1-pound b. ms, ern 200 n_Delictous. | inch _minimum. 2lg-inch minimum, ) Tinimum. 1.15-1 1,25-1.85; Eurn "-u inch mur ‘minimum, 1. T 5-inch (mh mlmmum minimum. 1.00: e “-inch_minimum,’ 1 mum, 1.50-1.85; 'v%-meh minimum. gons. * inch minimum, 1 1.65; 234- mr,h ‘minimum. minimum. Wity grade. as to size. Culons—ld‘?nllnd i Gri 3 mans, combination L extry m! 00: C grade. 1.60-1.75 CABBAGE-No _ ariot arrivals broken cars on track. Suppl demand moderate: market steady tic round type Florida. 1'z-bushel ers truck receipts. packed locally ffi !bl) | Texas half lettuce crates. 1.00 ‘le' York 50-pound sacks. Danish type. 80-7 | ERROTE S o carlor arrivals _one | broken car on track. _Supplies moderate; demand moderate: market steady. Texas, | balf lettuce crates 1.35. CAUHFLOWER—OM California arrived. one broken and one unbroken cars on track. Supplies moderate: demand mod- : market steady. California. crates, e at CELERY—One Florida arrived. three proken and three unbroken cars on track. rpnes moderate; demand moderate; mar- steady. lori 0-inch crates, indi- y washed and nxecuoled 3-8 dozen. g &fifl few. 3.75. LETTUCE—Ome California arrived. five broken and’ one unbroken cars on track. Bupplies moderate: ~demand _moderate: market steady, - Cailfornis, Western crates. Iceberg type 5 dozen. ; falr con: dition, 5.00: 6 dozen. 450 4 . Onion Market Dull. ONS__Two New York arrived. one broken 8nd_two unbroken cars on tra Pplles moderate: demand nxm mrxez Fifty-pound sacks. U. 8 = dllnl Michigan and Ney medium to large size medium size. 1.25: Col inches and larger 2.00. S—No carlot arrivals no cars on lrlth Practically no supplies on the ket FOTA 'OES—Two Florida arrived. rour broken and seven unbroken cars on track Supplies moderate; | demand | moderats market <t © Mine. Green Mountaing: 3. Nel York round whites 2.60: trucl ceipts. 2.50; Pennsylvania, Russet Rurals, unclassified "4(!- .50° Idaho. Russet Bur- bi U. 8 No. 1 4.00-4.25: few higher: shel crlus Bliss Triumphs, U. —No carlot arrivals; three bro- ken and one unbroken cars on K. Supplies moderate: demand _moderate; market steady. Texas, bushel baskets, 0. 85890 STRAWBERRIES—No carlot arrival no cars on track. Truck receipts n:m‘ supplies light. = demand d: _market gtronger. | Flo rida. 38-pint 8.0 350" Holdovers fatr condition. 6.75-7.00 per crate. HUPP MEETING DELAYED. RICHMOND, Va., March 5 (#).—A special meeting of stockholders of Hupp Motor Car Corp. called for yes- terday was postponed until March 22. The meeting was scheduled in con- nection with proposed recapitalization of the company. MONEY MARKET. NEW YORK. March 5 () —Call money steady, 1 per “cent all"dy S per_ce: H‘:).pdelyx 6 mO‘“h! 1Y per cent offred: bankers' scceptances unchanged: Cediscount rate. N. Y. Reserve Bank. per cent. e—————————————————— m-n Low. 2:58. 43 423 3% 3 8 3 108% 1083 10334 2% 48 4@ a Wabash 4%s ‘78 Wabash 414878 ctf: Wabash Whbash 6s 80 D Walker H&S ¢%8°45. Walworth 4s 55. 5 Warner Bros cv Warner-Quin 6s ‘39 62y b62% 634 106% 106 106 C.. FRIDAY, MARCH 35, " | Amer Tel & Tel 5! oo | Western N 1937. Bliss & Laughlin Puts Common on $2 Annual Basis B the Associated Press. CHICAGO, March 5—Bliss & Laughlin, Inc., directors have placed the common stock on a $2 annual basis, with the declaration of a quer- terly dividend of 50 cents a share, compared with 371 cents the previous quarter. They also voted 37% cents quar- terly on the preferred stock, both divi- dends being payable March 31 to stock of record March 19. - GENERAL ELECTRIC RAISES DIVIDEND Forty-Cent Payment Voted. Orders Up 79 Per Cent in Two Months. BY the Associated Press. NEW YORK, March 5.—Announcing a dividend of 40 cents, General Elec- tric Co. revealed today a 79 per cent gain in orders booked in first two months of the year. The dividend, payable April 26 to | stock of record March 19, compares with recent quarterly payments of 25 cents and an extra of 50 cents in De- cember. Profits for 1936 were $43,947,000, the company reported, equal to $1.52 & share on common stock, against $27,- 843,772, or 97 cents a share in 1935. These were the best profits since 1930. Gerard Swope, president, sald orders received in first two months totaled $64,000,000. Increase in income was due in part, Swope said, to a boost in returns from investments. United Carbon. United Carbon Co. directors declared & common dividend of $1 a share, pay- able April 1 to stock of record March 15. A payment of 75 cents was made December 19 last. FINAN BUSINESS SCORES BRISK ADVANCE Spring Buying Lifts Sales to New Year’s High During Week. BY the Associated Press. NEW YORK, March 5—Trade and business stepped ahead vigorously this | week under the spur of more fa- vorable developments on all important fronts, Dun & Bradstreet said today in the weekly review. “Customers started Spring buying in earnest,” the agency sald, “sending sales to a new high for the year. The unexpected extent of last-minute or- ders for Easter merchandise pushed many wWholesalers farther behind in their deliveries. Industries displayed greater freedom in formulating plans for expansion during the second and third quarters.” ‘The review placed retail distribu- tion 6 to 10 per cent ahead of the | preceding week and from 15 to 25 per cent ahead of the same period last Cl1A ! L OFFICE EQUIPMENT WE SEU—. BUY OR EXCHANGE Steel Files Steel Cabinets Chairs Safes BAUM'S FURNITURE HOUSE 1416 Eye St N.W Phone NA 2184 hblu Money for _Com' » Loanms and Loans on Improved Properties Prevailing Rates FIRST DEED OF TRUST ONLY GEORGE 1. BORGER 643 indiana Ave. N.W. Nat’l 0350 First Mortgage "LOANS IMPROVED REAL ESTATE At % year. Percentage gains in the major geographic regions over the 1936 com- parative were: New England, 15 to 22 East, 14 to 30; Middle West, 16 to 2 Northwest, 15 to 20; South, 18 to 2: Southwest, 15 to 20, and Pacific Coast, 12 to 18. Consumers released the full force of their accumulated requirements in nearly all departments, the review said. Women’s and children’s Easter apparel crowded in to the foreground, led by coats, suits, dresses, millinery and shoes. Sales of men’s suits and topcoats increased despite markups, the review surge carried with it groceries, dry goods, electrical appliances and nu- merous other items. In wholesale markets, the agency said the momentum gathered in Feb- ruary lost but little of its vigor. Good prices for farm products were reflected |in heavier commitments of rural | merchants, it said. General Public Service. Directors of General Public Service Corp. have declared dividends on accumulations of $15 on the $6 pre- ferred and $13.75 on the $5.50 pre- ferred stocks, both payable April 1 to stock of record March 15. On De- cember 24 last the company paid $10 and $9.162;, respectively. Mead Johnson & Co. Mead Johnson & Co. directors have declared an extra dividend of 75 cents and a regular quarterly of 75 cents, both payable April 1 to stock of record March 15. An extra of $1 was paid last December 26. Newport Industries. Directors of Newport !ndusmes. Inc., have declared a dividend of 50 cents on the common stock, payable | April 5 to stock of record March 20. On December 15 last an initial pay- ment of 60 cents was made. SHORT TEBM SECURITES (Reported by Chas. D. Barney & Co.) Bid 1153% 114 &1 10313 Auburn Au Co. 43 f N3 58 1940 Miiw & Rorn R Ral“al oo GESL o N 31 Wabash Rwy Co Warner Bros 6s 1 Y & Pi 1 Western Union Te] PR nul. For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Montbly Payments ALMBER BUILDING & AS3OCIATION COUNCIL of O.C. A difference in LOANS ECAUSE real estate loans are available on very nearly the same terms throughout the city, you will find it particularly wise toconsider thebusiness relationship that you will enter into when you borrow. Will it be for your best interest in the long run? We are proud of the fact that our friendly relationship with our borrowing members, continuing in many instances through three generations of the same family, is largely the reason for more than $5,400,000 nowoutstanding inreal estate loans from this Association. Before you buy, build or remodel your home or business | RUBBER FUTURES. | NEW YORK. March 5 /. —Crude rub- ber. x\u i | MONTBEAL SILVEB | o MONTREAL March 5 (—_Silver fu. tures opened irreguiar. 10 b ; lower. “March. 43.10b. May. | #4°90b. b—Bia. e 2 | Douglas Aircraft Co—Company an- | hour in wages for all employes. First Mortcace Loans n— ||| District of Columbig— Nearby Maryland— and Virginio— Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. Incorporated MORTGAGE LOAN CORRESPONDENT New York Life Insurence Co. 1321 Conn. Ave. N.W. DE. 3600 Homes . Apartments Busmess Properhes P First Mortgage Mongy For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nenrby Maryland and Virginia 5% Prompt Action B.F.SAUL CO. 925 15¢h Street Natl. 2100 be used other than field Rzuonlhle oof of continued, adding that the upwardl nounced an increase of 5 cents an | A borrower who hasa tation and credit st A sound purpose for which the loan is to Monthly Payments If Preferred Construction Loans District of Columbia, Nearby Md. and Virginia WM. J. FLATHER, Jr., Inc. LI7/11 21117 TLIIL AT ELL L1 P77 LI I EAEIIIIIIIEL LI 7FT 2T FII IS L LI AL LA AL L N N N N N N N N N N N N N N N N N N N N N N N N N N N N Rz T STATEMENT o iz E CONDITION Capital Cnty Life Insurance Company Of Washington, D. C.. on the 2nd day ot January. 1937 as required under Section 547 of the Code of Law for the District of Columb a. INCOME. | Tota premium income Total interest and rents | Other income 2 | Total income DISBURSEMENTS Net amount paid sor losses and matured endowments ” All other disbursements Total disbursements ASSETS, Real estate Mortgage loans on real estate | Bonds and_stocks Cash in office Deposits in banks Total interest and rents due and accrued Net amount of uncollected and | | deferred premiums All other assets | Gross assets | Deduct assets not admitted | Total ldmllted assets LIABILITIES ‘sz reser e, required by law Total policy claims | Other " liabilities | Capital paid up | Unassigned funds (surplus)- Total | Amount of industrial business written in the District of Co- lumbia during the year S48R 253 00 ALTE WALKER. President LKER Secrets A Rainy Day Is Bound To Gome To All And when it comes to deciding how and where to invest your spare dollars for the rainy day that may be scheduled for your life. why risk them on unknown or purely speculative proposi- tions, when we make it so easy for you to Save with SAFETY! Of all the investments pos- sible. the safest and soundest is unquestionably First Mort- gages on Homes. This association, under the ) supervision of the United States Treasury. loans your money ONLY on First Mortgages in Maryland, Virginia and the District of Columbla. OST bankers consider a loan good if it possesses the following qualifications: business repu- a fixed investment in a business, for this type of loan is not a for a commercial bank. A reasonably short term until repayment for commercial loans; adequate security in the case of collateral or real estate loans. dependable income for e loan when due, or a definite cdule for repayment. This bank has many good loans on its books. 0% 3% 394 | oot penn P 314866 1195 1194 119% | w pa P 15t 5863 E 973 974 YT | W Sh 1=t 4s 2061 gtd 97% 97% 97% | W Sh 18t 48 2061 reg.. 1144 114 1145 | West'n Md 18t 48'52.. 1073 10734 107}4 | West'n Md 5%s 77 112 111% 111% | West'n Pac bs 46 A United Drug 58 53 10z 102 102 | West'n Pac 53 46 Aas United RysSt L 4s'34 86 34% 38434 | west'n Un 43s 50 U S Rubber 6s 47 . 1064 1064 10614 | Westn Un cl tr 68 °38. Otan L & T 53°44 (A)_ 105 1043 10434 | West'n Un 68 °'51. Utah P & L 68 "44 106 106% 1063 | West'n Un 68 60 Utll P &L 5s 69 ww... 61% 61% 61% | Wheel Steel 4348’53 _ UHI P& L6%s 47 ... 62% 62% 62%|W SpStl ]-t;l :: e:. Vanadiumev 68°41__ 106 106 106 | W SpStl con 7s°35 ot Ver Sug it 154zctfa. 80 80 0 WisCent 18t £0 s Va E& P Istref 4856_ 108 108 108 ValrC&Clst6s’49_. 62 613 61| Wis C !&D 'l‘rm“'“— Va Ry 15t 3%8'66 A 10434 1033 103% | Y'ngstnS&T 834851 Va S Wconbs'58.___. 100y 99% 99% ! T'ngstn S&T ¢s'61___. 4 property, bring your financial problems to us. We'll save you commissions and renewal charges, and you'll find that our service makes a difference in loans. NORTHERN LIBERTY BUILDING ASSOCIATION 511 SEVENTH STREET, N. W. Established 46 years L & Nash 3%s 2003 L & N unif 48 40 L&N4%52003C McKess&Rob 5%8'50 . MeCRReclt 48’45 A _ Manhat Rv 4s 90 Manila RR S 1 4s5°39 Marion St Shov 6s 47 MIIER &S L rf 58’71 Mil No 185t 4%s ‘ex 39" Mil Spa& N W 48°47_ Minn & SLrf 4s°49 Minn & St L 65'34 ctfs. Minn & St L5362 A 104% 10434 10434 | MStP&SSM cn 4s°38__ 84}y B84}§ 84}§| MStP&SSM cn 58°38 _ 90 90 90 | MStP&SSM bs'38 gtd. 89} 89 89 | MStP&SSM 6%s'49 lfl( 33’( 32% | MStP&SSM rf 6548, 40 MoK&Td¢s'63 94%; 107% . 106 108%; the remainder of the list was mixed after early strength. Rentes finished with net ains of 5 to 25 centimes. while Bank of ance lost 75 francs. FOREIGN EXCHANGES. YORK. March 5 (i._Foreign ex- 4 K‘ 1 deFlln We are making new onesconstantly. Inevery loan our first consideration is to safeguard the deposits entrusted to our care. 11736 1173 117% 9T 96% 974 92 92 92 108 102% 102% 106% 1063 10634 Y5 3915 894 3 38 39 10734 1073 1073 Atlantic & D 24 AUG & W I 6859 B&O 1st 4s 48 B&O4%s 60 . B&O1st5s'48 Balto & O ref 55°95 A B&OG6s Y6 F B&Oref 5s2000D___ B&Oref6s'95C. B&OSwnbs 50 . B & O PLE&W v.u'u Un Of] Calif 68 42 A _ Union Pac 3%8°70 _ Un Pac 8%s'T1 Un Pac 18t 48°47 Un Pac 1st rf 45 2008 Un Pac 1st rf 5s 2008 1073 10734 106 106 108% 108% 104" 104 50 50 84Y Sl 99% 99% 10435 1043 982 99 4235 834 105% 106%; 80 80 8% 118% 984 9334 ¥2% 93 925, 924 1025 102 1063 1063 10434 10435 10435 118% 1184 118% M V1K 9T a.‘.“n‘.e a8l McLachlen Banking Corporation TENTH ANDSIZ.géEHS, N. w. S.W. Branch, 12th and Maryland Ave. S.W. Member Federal Deposit Insurance Corporation 101% 10134 mm 46 4% 46 45 M 31% 31 31 29 274 28% )% 2 2 162)¢ 169 161 1024 10134 102 0., Bos & Me 4%s8'61J Bos & Me 68 '65 Bos & Me 68 '67. Boston N Y A L 48 ‘56_ Bot Con M 648" . angha l anl ong, H l\lulco real in New York. 100; )lon&rul. 0. : 28! 5 (= 5 1%