Evening Star Newspaper, March 15, 1937, Page 17

FINANCIAL. IE _EVENING STAR, WASHING ON, D. C, MONDAY, MA RCH 15, 1937. FINANCIAL, kK A—17 BOND PRICESHELD TONARROW RANGE Minor Losses Predominate in Both Corporate and U. S. Issues. Bond Averages 20 10 10 10 Rails. Indust. Util Fgn Net change_ Unc. i1 Unc Today, noon 96.0103.5100.2 725 Prev. day-.. 96.0103.6100.1 725 Month ago.. 97.5104.0 101.7 745 Year ago_.. 92.3102.1102.0 70.0 1937 high__. 99.0104.4 1028 74.7 1937 low. 96.0103.5100.0 72.5 1936 high__ 98.2104.4103.1 73.0 1936 low... 8691018 99.3 676 1932 low... 458 40.0 646 422 1928 high__ 1011 98.9102.9100.5 10 Low-Yield Bonds. Noon _.__100.2 Prev. day- 1102 Month ago 111.1 Year ago. 1113 1937 high- 113.7 1937 low- 1102 1936 high. 1135 1935 low. 1102 1928 high. 104.4 1932 low- 868 TREASU 2148 1949-63 2% 8 1945-47 smuum-sx 2%s 1950-60 27%m 1955-60 reg. 38 1946-48 38 1951-56 8145 1946-49 3148 1949-52 31481941 3145194446 3% s 1940-43Jun 3% 5 1941-43 Mar 3% 8 1943-47 3% 8 1946-56 45 1044-64 4345-31481943-45 %8 194762 21,5 1942-44 101 Abitibi Pa&Pw b8 '53 Antioguia 1st 78 ‘57 Antwerp 5868 Argentine 43s'71_. Argentine 6s ‘57 A High, 100, 108.28 102.22 102,14 102,14 108,23 108.19 106.21 105.28 106.18 106.24 106.24 106,24 106.2 106.28 107.9 111138 112,27 106,23 17.28 FEDERAL FARM MORTGAGE 102,24 102.24 102.24 108,31 108.31 102,81 103,28 108.28 108.28 HOME OWNERS' LOAN. 101.6 -. 108,11 108.7 FOREIGN BONDS. Hish, Low. 2:55. RY 18 100,10 108.28 10221 162.10 102.10 108.21 108.19 106.20 105,22 106.18 106.24 106,22 106.28 106.2 106,28 107.9 11118 112,26 106.23 117.28 BONDS ON N. Y. By private wire direct to The Star. Low. 2:55 10010 108.28 102,22 102,11 102.10 108.21 108.19 106.21 106.22 106.13 106.24 106.22 106.28 106.2 106.23 107.9 11118 112.26 106.23 117.28 100,31 100,81 101.2 Y24 Wil 1834 1334 100§ 1005 98 YT 10134 1014 101.4 108.9 vakg 134 1005 §iky 10134 STOCK High. Low. 2:55. B&Oretfs'ss € B & O PLE&W V 48’41 B & OSwnbs'50 B & O Toledo 4869 Bang & Aroos 48’51 Bell T of Pa 68 '48 B_. Beth Steel 3% Bot Con M Al;s "84 Bklyn C RR 5841 BKlyn Man T 4%s Bklyn Un Gas 6s ‘57 B Brown Shoe 8% s 50 _ Buff R&P con 4%s '67. BuffaloR & P 6s'37 __ BCR&NGs'34ctfs Bush Term con 63’55 Bush Term Bldg 6s'60 By-Prod Ck 6%s "45__. Camag 78 42 ctfs 2 Can'dian N R 4%s"66_ Can'dian NR 4% 865 Can'dian N R 438 '67_ Can'dian N 65’69 July. Can'dian N 65’69 Oct__ Can'dian N db 634546 Can'dian P db 4s perp Can'dlan Pac 4% '46_ Can'dian Pac bs ‘64 Car & Gen 55 '50 ww__ Can'dian Pac 4%s ‘60 _ Carth & Ad 48 '81 gtd. Cent of Ga con 6s 45 _ Cent of N J gen bs 87 Cent of NJ gn 65'87rg_ Cent Pac fs 60 5 Cent RR B Ga 5537 Cert'd deb 5% s '48 . 10214 1023 102 10434 104 104 10634 1063 10634 88 88 88 109 109 109 1173 11734 1173 9534 953 9814 10434 104 10434 8315 83} 83} 90 %0 893 89 86 86 96 96 100 100 10734 10784 10534 10534 80 20 01 101 80 80 691 6939 67 67 1084 1083 28 28 1113 1113 11834 11334 1103 111 11434 11434 11634 11634 12134 121% 924 9274 108 108 1074 107% 10615 105% 104 104 893 8Oy 383 834 % 78 18 1018 101% 9814 9334 o8y§ 9244 EXCHANGE High, Low. Loew's 31,846 Long Is] ref ¢ Long Isld ref 4s'49 stp Lorillard 7s 44 __. La & Ark 68’69 Lou & Jeft Bld 4s '46. L & Nash 3% 2003.._. L &N 1st4s 2003 L & N unif 48 40 _ L&N 4%82003C___ L &N Atl K&C 48556 McKess&Rob 6% 8'60 Manati Sug 7 . Man S1st 714542 ctfs_ Marion St Shov 68 '47_ Market St Ry 7s 40 A_ Me C RR gn 4% 3'60A _ Mead Co 68456 Met Ed 1strf 4%s 68 Mil El R&L 68 61 = Mil & Nor con 4%8 '39. Mil Spa & N W 4547 MStP&SSM cn 4838 MStP&SSM rf 63 46A. Minn & S L rf 4s ‘49 Minn & St L 6862 A Minn & St L 68’84 otf; ™o I11 6869 Mo K & T 18t 4390 MoK&T 4862 B MoK &T ¢%s'78 Mo K & T bs’'63 A MoK & T ad) 6887 Mo Pag 4876 Mo Pac bs'77 B Mo Pac 68 '77 F otf; Mo Pac ta'78 G Mo Pag s ‘80 H Mo Pac bs ‘811 Mo Pac b¥s 49 A Mob & Ohio 4% '77_ 834 108% 10834 1284 983§ 108% 94¥ 100 10734 106 1123 ll% 108% 10234 12814 983, 1084 94l 100 1075 106 112% 104 68 6834 9814 1024 84 108 1095 1084 90 42 8034 2834 Kie ) 63 2054 . INET OF WESTERN ELECTRIC JUMPS $18,698,049 Profit Shown, Against $2,620,279 in Preceding Year. BY the Assoclated Press. NEW YORK, March 15.—Conseli- dated net earnings of Western Elec- tric Co. and directly controlled sub- sidlaries totaled $18,698,049 in 1936, the annual report of the company dis- closed. This compared with $2,629,- 273 the preceding year. Virtually all of the earnings accrued to American Telephone. & Telegraph Co., which owns more than 99 per cent of the capital stock. Sales for the year totaled $146,421,- 000, an increase of 38.9 per cent over the $105417,000 reported for 1933, the report said. It added that at the close of the year the companys plants were operating on a five-day, 40-hour week at about 53 per eent of capacity, compared with 27 per cent at the beginning of the year, The number of employes at the end of the year was 34,004, compared with GAIN DISCLOSED IN GOLLECTIONS Retail Group Also Finds Credit Sales Ahead of Year Ago. BY the Assoclated Press. ST. LOUIS, March 15—The Na- tional Retail Credit Association re- ported average increases in collections and credit sales of 5 per cent and 7.8 per cent, respectively, in 54 cities dur- ing February. The gains werc ap- proximately the same as those for the corresponding month last year, the association’s report showed. Increased employment and higher Wwages in many sections of the coun- try were advanced as chief reasons for the February gains. Strikes in some localities retarded the upswing, however, the report said. Thirty-seven cities reported increases in collections, with Columbus, Nebr., where a 25 per cent gain was reported, heading the list. Ten cities reported decreases in collections, compared to February, 1936, while geven indicated And Output Drop‘ Slightly in Week | BY the Associated Press. | The National Lumber Manufac- turers' Association said today lumber | production and shipments rrcsdm} slightly during the week ending | March 6 Production in 527 mills was 205,- 938,000 feet, or 2 per cent less than the 1937 record set in the previous week, and shipments dropped 9 per cent to 253,121,000 feet. New orders, totaling 211,784,000 feet, were 1 per cent below the previous week, but still 3 per cent above production. The week’'s production was 59 per cent and shipments 74 per cent of the 1929 weekly averages. Production was 1 per cent above the corresponding | week last year, shipments 22 per cent | higher and new orders 3 per cent less. MANDEL PROFITS SOAR. CHICAGO, March 15 (#).—Mandel | Bros, Chicago department store, re- | ported the largest year's profit since 1927 during the fiscal year ended January 31. Sales reached a six-year peak of $18,668,825, or 15 per cent gain over the previous record, and net profit was $407,630, or $1.33 per share, com- pared with $30,113 in 19835, et oot et Lumber Shipments LAND BANK CALLS BONDS. NEW YORK. March 15 (#).—8an Antonio Joint Stock Land Bank an- nounced it was calling all its 5 per cent coupon and registered bonds due April 1, 1956, of which there are out- standing $1,067,000. A refunding issue | of the same amount of seven-year 3 per cent bonds has heen underwritten by R. K. Webster & Co. and is being offered at 101%. _— OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Eye 8t. N.W. Phone NA. 2184 FIRST TRUST LOANS Long-term REFINANCING Lowest Rates . . . 3-Year Con- struction Loans . ., 3% BOSS & PHELPS MORTGAGE CO. Loan Correspondent, John Hancock Mutual Life Ins. Co 1417 K St NA. 9300 no chance. ‘ ck & Wi —Compan; Credit sales increased in 44 cities. Deocod Hoox o ey received a contract from the Navy Six reported decreases and four no rtm llers a uipment | change. Youngstown, Ohio, had the | DEPBTIMeNt for bol s Syni 1 volving $2,512,55: greatest gain in credit sales, 37.8 per | —ioling $2 ‘ cent, the association’s report said. Pampa, Tex, reported the greatest | " i e [ IR ST MORTGAGE FUNDS uniformly good in Florida, due to “no unemployment” and steady business Lowest Interest Rates (Compled by the Assoclated Press.) | | Argentine 6s ‘60 May Argentine 6s ‘59 June Argentine 6859 Oct _ Argentine 6s ‘60 Sept._ Argentine 6s ‘61 Febr_ Australia 438 ‘56, Australia 55’65 .. Australia 6s'67... Belgium 65 '56 _ Belgium 63%s "49 Belgium 7s 55 Berlin Elec 638" 51 Brazil 6148 *26- Brazil 61 e Brazil 78’52 Brazil 8s ‘41 Brisbane 58 ‘57 Brisbane 5s ‘58 Brisbane 68 °50 ._ Buenos A C 6%s'55 Buenos Atres 4AR-3%8TT Py ___ Buenos A 4%5 76 Aug Buenos Afres 4%5-4%s'76 April _. Bue Al 4148-4%3'75__ Bulgaria 78 67 July engpon off.._ Bulgaria T%s ‘68 May coupon off | Canada ii4s "¢ Canada 3%s 6l Canada 4360 Canada bs'62 Chile 65’60 Chile 6861 Jan Chile 65 ‘61 Febr. | Chile 6s 61 Sept Chile 68 '62 Chila 65 63 Chile T8 42 _ Chile Mtg Bk 65 62 Chile Mtg Bk 6%8 Colombia 6s 61 Jan Colombia 6s 61 Oct Copenhagen bs 52 Cordoba 7s 42 Prv Cuba 5%s 45 Czechoslovakia 8s '51_ . | Denmark ¢%s 62 | Denmark 5%8 "55 .. Denmark 68 42 Dominic 16t 635 40 | Estonia 7s 67 Fiat deb 78’46 _ Frameric In 715542 French Gov 71,8 41 __ | Ger C Bk A 6s 60 July Ger C Ag Bk 68’60 Oct. Ger Gen F 28 '40__ Ger Gov 534s 65 at Ger Gov 6%3s 65 un st. Ger Rep 78 '49 stpd GrtCElJap 6%s '50__ GrtCElJap 7s ‘44 Greek Gov 6568 _ | Hamburg St 6546 ltaly 78 51 Ital P U Crd Ts '53. Japan 6%s "65_, Japan 6158 ‘54 | Kreug&Toll 55 '59 cts_ Medelin 635 ‘54 Mex 48 10-'45 asst sm Mex 4854 anst Mex Ire 41ps 43 msst__ Milan 6%8 52 Montevideo 7 | New So Wales 5s '57 New So Wales 58 '58 10234 10234 10234 148 148 9634 9534 963 9634 1074 1075 3y )y P 224 20 674 67 834 12 110 10034 1134 21,033 on January 1, 1936, Columbian Carben. Columbian Carbon Corp. reported far 1936 net profit of $4,021,137, equal to $748 a share of capital stock, against $2,992,860, or $556 a share in 1835. The company has plants throughout the country. Anacanda Wire. Anaconda Wire & Cable Co., with plants throughout the country, re- ported 1936 net profits of $3,289471, equal to $5.41 a share of Capital stock, against $1,029401 in 1935, or $2.44 8 share. Company is controlled by | Anaconda Copper Mining Co. in Kentucky and better employment Pennread Corp. | conditions in the lead and zinc mines Pennroad Corp, an investing com- | at Joplin, Mo, were listed as causes | pany with holdings mainly in rail- | for a marked upswing in those sec- | road securities, reported for the year | tions. ended December 31 net income of i 1 | Mob & Ohio bs ‘38 Monong Pub 8 41 Mont Cent 63 ‘87 5 Mont Pwrrefd ¥s'66 Mont Tram b8 41 Mor&[issex 4% 8 2000 Morris&Essex 4 %8 ‘66 Morrigkissex bs ‘55 - Nassau Elec 42’51 gtd. Natl Dairy 3%, s'51ww. Natl Dis P C 43545 __ Natl RM 4377 asst___ Nat R M 43526 asst_ Natl Steel 4s 85 ___ New WRg RR 45'45 New Jar P&L 4% ‘60 New Orl & N 4% s '52_. New Orl P8 6w 52 A__ New OFl P8 6865 B _ New Orl Ter 1st 48 ‘68 New Orl T&M 6s ‘51 B_ NOT&M 645544 cfs NY Central %48 97 NY Central 3%s *46 NY Cent 48 42 NY Cent con 4898 NY Centrf 4182018 NY Crf 4%s2013n NY Cent rf 68 2013_ NY Centcv 6s 44 _ NY QL 8h3%s'98 _ NYC&SL L 18t 48 37 _. N Y Chi & StL 48'46_ NYC&St L 435878 _ NYC&St L 5%4s 74 A_. NY Chi & St L 6588 _ NY Edison 8%s 65 D_ NY Edisref 355 '66__ NY G 2l H&P 48 49 _ NY & Green L 5546 NY & Long Br 4s '41_ NY NH & H 45 66 NY NH & H 48 ‘67 NY NH & Hov 6848 NY NH & H Cons Rys o T OO = NY O&W ref 45 92 NY Rys inc 6s 65 NY Rys 63 65 A stp_ NY Steam 58 66 NY S&W 2d 414537 NY S&W 1strf 687 NY S&W gen 6840 NY Tel gen 4% s 39 NY W& B 4%s 48 Niag Falls P 3% Norf So 1st ref Norf & W 1st 48 '98 North Am Co b8 61__ North Am Ed 669 C_ L0 S gandards’ luree, 22l | North Am Ed 63%s *63_ 2 Sl s ea el Al Nor'n Pac gen 3s 2047 ehome z Céi“x'crfifim" Nor'n Fac 4897 _ et Nor'n Pac 4% s 2047 North Pac 68 2047 Ohio Pub Sve 748 '46. Oreg W RR 4s ‘61 Pac Gas & Kl 3%s 66 Pac G & 1 %8 61 ___ Pac G & E 45 64 Pan Am PC 6540 ctf Para Broadway Paramount Pic 68 Park-Lx 635 53 Parmelee 65 44 renn Co 4s 63 Penn P&L 434 Penna R R 3148 w Fenn RR3%s 70 C Penn RR con 4s 48 yycinch Penn RR 4%5'81 D S f mum, | Penn R R 4%8'84 __ eb-1p Fenn KR con 43 ' 2%-inch Penn RR gn 4% Penn RR deb 43 Penn KRR gen 65 ‘68 __ Peoria & IS 1st 48 '40 _ Peoria Pekin Us %&'74 Pere Marq 1st 48 66 Phila B&W 4 Phila B&W on &, Phila Co 6s 67 Phila Elec Co 4871 __ Phila Kleo Co 4 % #'67_. Phila & R Cél Phila & R C&l Philippine Ry PCC&St L 4% PCC&Bt L 68 7 PCC&St L e Pitts& W Va 414568 A Pitts& W Va 4348 60 C Port Gen El 438 60 _ Porto Rico A T 68 42_. Postal Tel & C 68 '63_ Pressed Stl Car o ‘51 Pure Ol 4% 60 ww_. Readins Jer C 48 '51 Reading R 434897 A_. Rem-Rand 4 w'66ww_ RG W 1st ex in 4s'39_ Republic Stl 438 50__ Republio Btl 4348 '66._ Republic Stl 4348 61.. Republio Stl 6%8 54 Revere Cop 4% s 56 Richfield Oil 68 44 Richfield O 63°44 otfs R10G W col 48 49 A__ R1A&L 18t 43%8°34_. Rutland Can 4 Rutland RR 4% Saguenay Pwi iy 68 8t LIM&SR&S4s'830t. 8t L-S Fran 43 '50A __ St L8 Fran 4%s'78__ St L-S F 4% #'78 of st 8t Li-8 Fran 6s '60 B St L8 W xn rf bs 'yl St P & Duluth 4868 _ StPKCSLaYs 41 _ San A & A Pass 48 43 Beabd A L 4850 Beabd A L ref 48 '59 Seabd A L adj bs 49, Seabd A L 6s 45 A Seabd A L 6s 45 otfs Seabd A-Fl 6835 A ot_ Shell Un deb 334s 51 Bilesian Am 7841 Bocony Vao 334860 .. Southn Cal Gas 4s "65_ 8o Colo Pwr 68 '47 A__ Bouth Nat G 4% #'51._. Bo Pac3%e 46 8o Pac col 48 49 Bo Pac ret Chesap Corp 68 47 100% 1008 1008 | cnC2% 03 4 56 Do 10234 10834 10234 [ GRS € 3 o2 06 B 10U4 10134 10134 | & 0 con 68°39 10154 10184 101% | v o o [1) 68 *51 100 994 40 | Cpj Gre West 48 59 10474 10434 104%% | oy g & L zen 65 ‘66 106 106 106 ) C\fAStP gn 415889 C- 108% 10834 1083 | CM&St P 4155 89 E __ 1084 10834 108} | CM&St P b3 5 17 17 117 | CM&SP&P ad) 552000 20 90 20 |ChiB&Q I dv4s’49. 44h d4l4 44l5Chi B & Q gen 4s 58 - 4334 43 43 IChiIB&Q4%s 434 43} 48} | Chi B & Qref Hu 71 5034 604y B0 | Chi & E 11155 '51 ctf: 101 101 101 | Chi Ind & So 4866 10034 10034 10034 | Ch &N'W gen 81387 ~ 1044 1024 10214 | Chi & N'W gen 45 87__ 10134 10134 101% | Chi & NW 4%4s 2037 Chi & NW 4148 2037 C. T 1% Ch1 & NW 4%s 49 M9 T34| Chi & NW gen 58 '87__ Chi & NW rf 68 2037 _ £ C&NW Nr W 63,836 ] Chi R I&P rf 45 '34 Chi R I&P rf 45'34cte_ 14 “hi R I&P gen 4888 _ Chi R I&P 4%8'62 - 283 Chi R &P 4%s ‘52 ctf 8% Chi R I&P 4%s 60 9Bl 98} Chi T HE&S 1s 106 106 Chi T H&S Inc b 11134 111 Chi Un Sta 31851 34 234y Chi Un Sta 3% s 63 E_ 2315 Chi Un Sta 4863 234 Chi & W in con 4s'53_ 2315 Chi& W Ind 4%s 63__ 234 Childs & Co 6543 2844 CinG & E3%s'66 234 Cin Un Ter 3 1944 198 8514 PN MONEY TO LOAN ON REAL ESTATE at 50/0 Monthly Payments if Preferred Our Real Estate Officers Invite You to Confer BY the Associated Press. NEW YORK, March 15.—A slack- ening of the trading pace today held bond prices to narrow ranges &as minor losses predominated. ‘The absence of inclination either to buy or sell was demonstrated in all sections of the list, particularly in the domestic corporate quarter, where late in the morning bonds moved from plus to minus signs or vice versa on single, small transactions. Ameri- ean Telephone 31,s opened higher but reversed its position on light volume. Other loans to move similarly were numerous Great Northern 4s reacted more than 2 points, duplicating their trend of last week, while major fractions were pared from International Hydro- Electric 6s, McKesson & Robbins 5155 and Western Union 5s. Frisco 4l4s also gave up nearly a point Remington-Rand 4!4s broke about 1'%, points following activity of the Department of Labor in connection with the company’s labor relations, one outgrowth of which was the re- consideration of a Federal contract awarded the company United States Governments moved unevenly with losses prevaili; De- clines ranged to 3-32 of a point and | & few issues moved ahead 1-32 or 2-32 conditions, the report said. Several new industries at Charleston, S. C., were credited for substantial increases in bath collections and sales there Increased prices for farm products | Construction Loans 3 to 5 Year Straight Loans Long Term Amortized Loans Consult Us We have 7% . il AR gy e 8 2 $2,384,451, equal to 26 cents a share 19% DOLLAR GO on the capital stock. In 1935 net| ES DOWN profit was $1,713,277, or 19 cents a| IN LONDON DEALINGS 4 share. BY the Associated Press LONDON, March 15.—The I(»remn‘ exchange market was inactive today. | Declining 1-32 cent, the United States dollar elosed at 4887, to the | pound Saturday's overnight New York rate was §4.88 9-16 | French francs closed unchanged from Saturday at 106.44 to the pound. 2034 The WASHINGTON LOAN AND TRUST COMPANY Zhi8 National Enameling. 984 National Enameling & Stamping | Co., manufacturing kitchen and house- | hold utensils, reported for 1936 net profit of $342,231, equal to $2.99 a | share on the capital stock, against | $312,895, or $2.72 & share, in 1935. E. Quincy Smith, Inc. Arthur C. Nuthon President Morteare Loan Correspondent THE PENN MUTUAL LIFE INSURANCE CO. 909 15th St. N.W. DI Member FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORP'N 9057 Washington Produce. CCC&St LTt 4%s 71 B CCC&St L ref bs 63 D CCC&StL StLdv 48'90. Clev CIiffs Ir 4%s Clev El I11 338 Clev Un Tel 43 | Clev Un Term 5573 B Clev Un Ter 5%s " Colo Fuel&Iron 5843 Colo Fuel & Ir 68 70__ Colo & So 436# 80 ___. Columbia G & E 58 ‘62 May Columbia G&E 55 '61- Colum Ry P&L 4s '65_ Come! Credit 3%s '51_ Cons Coal Del bs 60 Cons Ed NY 3%8 46 n Cons B4 NY 8%8°56 n Cons Gas NY 4%s '51 Consol Of1 338 51 Ccnsum P un 8%s '65_ Cons Pwr 33870 Crane Co 8323 51 Crown C & S 4150 Crown Will P 68'51 __ Cuba Northn 5% s 42_ Cuba RR 18t 63 '52 Del & Hud ref 4s'43 Del & Hud 6%s'37 Den & R G con 4836 Den& RG W 6865 Den & RGW Bs'55asst_ Den & R G ref 6878 Des M&Ft D 48'35 cfs_ Det Edison 3%8 66 Det Edison 4%8°'61 D. Det Edison bs ‘52 Det River Tun 4%s'61 Duques Lt 4%s 57 B ETV&Gacnbs '56._ Ed El 11 NY 5895 __ El P; at Galgs'sl. Eriecv 48 ‘53 A Erfe cv 4s'53 B Erie gen 45 ‘96 Erfe ref 8 '67._. Erieref 5515 Erie Gen Riv 6857 Fairbks Morse 4s 566__ Fed L&Tr 6s'42 st Wed Lit & Trac 68 42__ Fed L&Tr 6s 64 B Fla EC Ry 6574 Fla EC Ry 68 '74 ctfs Fond J & R 48 '82 filed Fond J&G 2s-48 '82 ct_ Francisoo Sug 6s 66 Gen Am Inv 63 52 Gen Cable b8 47 Gen Mot Aco 38 46 Gen Mot Aas 3% Gen Pub Svo 8% Gen Stl Cast 6%s '49__ Goodrich 4% s '56 Goodrich 6s 45 Goodyear T&R b 5 Goth Silk H 65 46 ww Grt N Ryref 44s'61 A Grt N R gen 4%5'76 D Grt N R gen ¢%s'77 E. Grt NR gen 68’73 C._ Grt NR6%s'62B .__ Great N Ry 48 46 G. Great N Ry 48 46 H. Green Bay 5562 B Gult M & N 653%8'50__. Gulf Sta 8t]1 5%s 42 Gulf States Ut 4% 846 Hoe (R) 1st mtg 44 __ Houston Of1 6% s '40. Hudson Coal 65 52 Hud & Man inc 6s '67_. Hud & Man ref 55 '57_. L1l Bell Tel 3% 70 _. L1l Cent eol tr 4s ‘63 (11 Cent ref 4s '65 _ (i Cent 4% s 66 Ill Cent St L 3s'51 ICC&StL N 04 % 8'63__ LCC&StL N O 6s 63 __ 1l Steel deb 4348 40__ Inland St13%s 61 Int R T 1st rf 68 66 Int RT 6 82 latRT 32 ctfs (ot RT 78 32 Int R T Te'32 ctfs _._ Int Agr el 6s 43 stp Int Qrt Nr bs 66 B Int Grt Nrbs 66 C Int Grt Nr 6s ‘62 A ot Grt Nradj 6s'52 A Int Hydro Elec 6s 44 {nt Mer Marine 68 '41_ (nt Pap 1st 68 47A Int Pap ref 68 56 Int Ry of C A 68 4 Int T&T cv 4 34m 30_. Int T&T 434863 Int T&T ba 66 - lowa Cent 1stherf4s'51. James F & C4s'39 _._ Jones&L 8tl 44 5'61A Kans C F S&M 4s '36_. 61 61 Kans CSo 1st3s 60 _ 87} 8Ty Kans City So ref 5» 50 »” 8 Kan C Term 1st 4s '80. 107 107 KingaCo Bl 4849 ___ 10834 Kresge Found 4s '45... 1063y 1083y Laclede Gas b8 '$9 ___ 98if 9 Laclede G 6%8'63 C__. 8ok 60 Laclede Gas 6a 42 A__ 5734 b8 Lake 8&M So 33897 1025 108 Lautaro Nitr 6s ‘54 4 a3 sautaro Nit 6s 64 ofs_ 435 434 Leh C&N 4158 64 A ___ 103 108 Leh C&N 43%4s 54 C. 1013 10134 6 66 66 65 9% 99y 99y 106 10834 10434 10134 10134 10134 673 61y 674 UK UK UK PARIS, March 15 (#).—Three per | cent rentes, 73 francs 30 centimes; 4! per cent rentes, 76.90. Exchange on London | dollar was quoted at 21.77 INVESTING COMPANIES NEW YORK, March Becurity Dealers’ Assoc (Noon quotation Admin Fd 2nd_Inc m Business Shrs Am Gen Fq Inc 4Am Ins Stocks Bancamer Bla nk G 8 BUTTER—2 score. Ya-pound prints, 40; t paund . prints. 5. le-pound br tub, 47. Markes 8. MEATS—Choice beef veal, 180 lamb. 21: po: ham, 23’ smoked hams, sisb *bacon, 2 1 nnund prints. 39; | | ub . 106.42. The 15 (#).—New York NEW YORK BAR SILVER Jignt hogs,| NEW YORK, Mareh 15 (#)—Bar | s 8auisi | silver firm. ' higher than Priday, | fitl: o | March 12, at 453, | Consider These Facts When You Wish To Arrange A REAL ESTATE LOAN (] LOANS on improved or to be improved real estate— as low as AT 30 per thousand per month including interast and curtail . . . No commis- sions . . . No renewal fees. Let us help you solve your problem with a Perpetual loan. compound, 14| E S1(JCK~P!|« b Ya: mediu Tosgher Gume vamy Prices paid sk ton. By the U ricultural LCDI)u(mcl EGGS—Market gener States Bareau of Ab- s Nat Inv Corp Industry B [ ]| | ST Money for Construction Loans and Loans on Improved Properties Prevailing Rates FIRST DEED OF TRUST ONLY GEORGE I. BORGER 643 Indiana Ave. N.W, Nat’l 0350 PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United Stats Ser ‘ Acc_Mod Cumulative Tr &) 2 Depos Bk gh N Depos Ir poyn and up, each Youn ividend, sirs fauity Corp $3 pf Fidelity ‘Fund _Inc First Boston Corp Fixed Trust Sh A Pixed Trust 8h B ound Tr Sh A und Investors Inc und Tr Shrs A Fund_Tr €hrs B Qen Investors Tr Group Group Group Group Groun Group roup roup roup Group Group Group PERPETUAL has over 55,000 bor- rowing and savings members. 112% 30 10684 v7 10245 10534 62 % 1004 7. 30" po 2: old hens, 14; old toms. 14. Fruits and Vegetables Sales in large lots by original recelvers | b to 8 mm. today | LES—8upplies umxe_ steady, ni u PERPETUAL'S Board of Directors keep in close contact with the ist in the speedy handling of loans. mode, Bush First Morteace Loans oficetsiend materially: District ot Columbig— Nearby Maryland— 5% Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. Incorpo; MORTGAGE LOAN CORRESPONDENT New York Life Insurance Co. 1321 Conn. Ave. N.W. DE. 3600 Sec Building Sec Chemical Sec Food Sec Invest Shrs Sec Merchandise Sec Mining Sec Petroleum Sec R R Equip 8ec Steel Sec Tobacco Huron Holding Ineorp Investors fnsurance Group shrs Investors Fd “'C" Ing Keyston Cust Fund B-3 Major Shrs Corp Maryland Fund ass Invest Tr 101% 1124 107% 114 108% 116% 1015 1214 1074 114 103% 11644 1334 104 8 89 PERPETUAL'S regular examinations by the U. S. Treasury Dept. are sup- plemented by special C.P.A. audits as woll as its own Auditing staif 23~ 11n4‘h‘ mini- Homes Apartments Business Properties light: demand Domestic _round ampers freight packed 10- Norway 6s 44 Norw Mun Bk 5s'70 Norw Hy El 5148 '57 Oriental Dev 5%s '58 _. Oriental Dev 6s ‘53 Oslo 4% s 55 Oslo G & B 58 '68. Panama 5%4s'53_ Panama 68 63 stp as. Pernambuco 78 ‘41 Sept coupon oft. Peru 68 60_. Peru 6s ‘61 Peru 7s ‘59 Poland 7s 47_. Poland 8s ‘60 Prague Gtr 7%s'52_ Queensland 6 47 Serbs 8s ‘62 unm c o_. Silesia Prov 7s 68 _ Rio de Jan 61,8 '53 Aug coupon off . Rio de Jan 8a 46 April coupon off ____ Rio Gr do Sul 68 "63 June coupon off Rio Gr do Sul 8s'46 PERPETUAL has always had a rep- utation for sound, CPick Tece ha! iettuce xas crates, 50-pound sacks, Nation W Danisa o Nation Wide ¥siine N Y Bank Tr Shrs North Am Bond Tr ctfs Nor Am Tr Shares Nor Am v 8h 1055 Nor Am Tr Sh 1956 Por Am Tr 8n 165% lymouth Fund Inc Quarterly Income Sh Selected Am S Selected Am Selected Cumu Belected Tncome Sh Spencer, Trask Fund Btand A Stand Buper Buper Buper uper uper uper ? upervised Sh Trustee Stand Inv C Trustee Stand Iny D rusteed Am Bk "B rusteed Industry Shra ellington Fund o fair 20 e appraisal '.\hu o SAng tes 1 Over 200 borrowers per month wers bt marker letiuce crates g tuce crates bas ('AULXF'LOWER — §\mn] es demand light. market weak crates 3 o demand light: market dull. Florida, 10-inch crates individuslly washed ang Drecooled, 3-10 0: few 365 LETTUCE —Supplies ‘moderate; market steady type, : demand ifornia; Western exas. haif let- advanced loans last year, totaling ets over $12.000 000 for the year. PERPETUAL BUILDING ASSOCIATION 11th & E STREETS, N.W. ESTABLISHED 1881 Largest In Washington—Assets Over 343,000,000 ARTHUR G. BISHOP MARVIN A. CUSTIS EDWARD C. BALTZ Chairman of The Board President Secretary 1.50. moderate; California, 10t 101 10634 10634 0% 0% 28 28 26% 283 “ 243 61% a8 9K u2 81% “y 29% L lies moderate demand California, Western & dozen, 5.50-8.00; demand U, m Tr Shrs Uti1 Tnc Tr A moderate; 50-pound’ sacks, 3 ws. 1.26- encias, 'S {fchies and arger 'otato Prices Steady. [ mEQTATOES— Supplies = moderste: mapd Meht: markel steads sacks, U, T raime Gree Thins, 2.60-2.76. New York. roun 2.60; Pennaylvania. russet ru 2 truck receipte. tair condition. Tdaho, Russet Burbanks. 4.00-4 ida, Bushel ‘crates, Bliss Triumphs, U. PINACH—Supplies moderate: demand | 3 TBIKEL steady. Texas, bushel bls»] 85-50 STRAWBERRIES_Supplies light: de- mand sigw: market weak Florids, 36-pint craley 500 er cr ET POT\T ES— fiuDDd!! light: de- mnnd light: market steady. lina. bushel baskets, Puerto Ricans 1.25; poorer lower; Maryland, Anne Arun: del Co\lmy bushel hampers,’ Jersey type, 1.15-1.2, LI} EANS—8upplies very li mand light: market steads. ~Florida, bush- el hampers, 4.50-5.00. BNAR BEARS Bubblies very light; de- mand light: market steady. Florida, bush- reen. flat type. faircondi- | Tound stringless, 3.75- to 12 34 4% 29}y Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Monthly Payments 108% 106 118% n7 1883 110 13% 108} uBly 108 94%4 10134 48 2 203 108% 8734 9l 914 NEW YORK BANK STOCKS NEW_YORK, March 15—New York Se- 8% 634 32} surity Dealers” Association it 2 (Quotations as of ocBlock\ RAatienia %o id, 36 Aus coupon oft Sao Paulo C6%s '57 May coupon oft Sao Paulo St 78 40 Sao Paulo St 7s '56 Sept coupon off Sao Paulo 8t 8s ‘60 July couponoft ____ 864 Serbs 7s 62 unmeco _. 2 2934 Shin'su El P 61s'53__ 85 Silesian Bank 6s '47_. 343¢ Sydney 5%s ‘65 . 108 103 Tokio EL Ltd 68’63 78 78 Uligawa EP 75 45 __. 88l 8} UnStl Wk 6l%s 47 A_. 24 24 Uruguay 6s 60 6634 6614 Warsaw 78 58_ 404 4084 Yokohoma 6s 61__ 815 8134 DOMESTIC BONDS Ala Grt South'n 4s ‘43 108 Alb&Sus 81546 gtd_. 102 102 102 Alleg Corp o8 "44 9 ¥s 99 Alleg Corp bs 49 9344 ¥3lg u3lg Alleg Corp 5s '50 91 Alleg Corp b8 ‘50 stp__ Alleg Valley 48 42 ___ Am & For Pw 68 2030 Am lcecv 6s ‘53 Am1GChbis 49 __ Am Intl 6%s '49 Am Tel & Tel 3% 8 '61 Am Tel & Tel 3%s8 66 AmT&T 4%s 39 _ AmT& T 6%s 43 _ Am Wat Wks 6s'75__. Am Writ Paper 68 47 Am Writ Pa 6s 47 cfs Anaconda deb 4% '50 Anglo-Chil Nit 7s '67 Armour & Co 4145 '39. Armour(Del)1st 45’55 Armour & Co Del 4s 57 A T&S Fe 485 '05: 55 e ankers' Trust (2) ‘en Han BK & Tr (4) Chase National (1.40) Chem Bk & Tr (1.80) Commeroial () Cont Bk & Tr (.80) Corn Ex Bk & T (3) Empire Tr (1) First Nat (Bos) First Natl (100) Guaranty Tr (12) Irving Trust (.60) Manufacturers’ Tr (9 Manufacturers' Tr pf (2) National City (1) New York Trust (5) ablie (13 e ‘G FEDERAL LAND BANKS NEW YORK. March Land Bank bonds 4Ys Nov., gmx of Manhattan (1%) REAL ESTAT "LOANS EFORE you decide where to apply for 2934 L 1% ht: de- | 9434 9415 10134 10134 T4 e 84l 34y 80 803 18% 108% 8634 vy 8 9134 85 90 07107 10234 1021, 95 v8l4 @ @ PRt 86% 863 @) ) 4.2 EGOPLANT-—Sunphu o PEPPERS—Suppiles very light: demand light: market steady. Plorida, 1%-bushel crates, green. fancy, fair quality, 3.00; choice: fair duallty 2008250 TOMATOES—8upplies HRRE TATReL steady. and ~turning zer. 150a2.00° poorer SQUASH_—8upplies very, lght: market steady pers. white, wrapped. insufficient MEMBER. BUILOING & ABOCIATION COUNGIL of O.C. "lyg _boxes, awmee | F2CT2TIATICIIL turhel BUILDING ASSOCIATION A G, UROER “supEavision BORs.00: vellow. 3.504.00. AR aunpiies “iluht: demand lent: V.8, TREASURY market steady. Virginia. bushel baskeis. || Q4G NINTH STRERT, NW 35340 40 &OLLARDS —Buppjies light lent: market steady. Virginis 154 Ak Els—flnr(da boxes. No_ 1, 3.508 A o T ond 00, o 5o, flhAPZ)’RUITfl—-Horml Soxta® No. 25 demand a real estate loan for refinancing, buy- ing or building a house, be sure to see ACACIA. - 66)¢ 40% 81y (). —Federal Bid, 15 fair Asked. 1 108 108 Those who get loans from ACACIA continu. ally tell their friends that they are getting the most economical proposition of an demand bushel lOl 3944 3044 39)g 16 8134 84 10034 10035 995 9914 10234 1023 814 Slig 693 69} 444 7434 W % 96 96 10234 1024 First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia 5% Prompt Action B. F. SAUL CO. 925 15th Street Natl, 2100 109 80 9’4 9% 9814 108%% 108 108% 10634 10835 10634 984 987 983 98%; 9814 9Blg 10834 1065 10634 118% 1185 113Y 109 109 109 84 84 84 8214 825 N2 106% 1084 10674 413y 4135 4llg 108 108 10344 98l 98} 98K 9T w1 97 107 107 107 1099 109% 10954 108y 1051 1061 10834 108% 1083 100% 106% 1063 u 1o 11234 1123 1123 10134 10134 10134 108 12:% 10535 High Low. 2:88. 613 613 61% 62% 62% 63 107 107 107 30 2934 30 1068 10835 1063 1083 108 108 41 41 4L 102 102 102 424 425 2% Ut P &L 58’69 ww U1 P& L b8 47 Vanadium cv 68 41 Ver Sug 1st 7542 ct Va B & P 18t ref 4856 VaRy st 3%s'66 A_ Wabash 414878 Wabash 1st 6839 . Wabash 58 76 B —env Wabash 58 80 D. 42§ 42lf a2l Wabash 54876 “ood Walker H&S 4%8°45_. 10834 10634 106 Walworth 4855 88y 853 853 Warner Br v 61 96 9514 96 Warren Breveés'4l .. 67T 67 67 West Penn P 3148 '66_. 103} 108 108K W Sh 1st 48 2081 reg_. 915 9134 9134 West'n Md 1st 48 '52__ 102 1013 102 West'n Pac 53’46 A __ 38% 38 383 West'n Pacbs 46 Aas 38) 38, 38} West'n Un 4%s 60 _ 10634 10814 10835 Westn Un cl tr 68 '38_. 1024 10275 10275 West'n Un 5851 10834 1084 10814 West'n Un 5s°60 ___. 108% 100% 100% Wheel Steel 4% 8’63 100} 1003 100} White Sew M 6340 __ 10434 1043 104% W SpSticon7s'35et 443 44l uu Wilkes B&E 1st 58°42. 41 41 Wiison & Co 45 55 10034 100 mo WisCent st gn4s'49 28 29 29 Wis C 8&D Trm4s' 22 2 22 L' nRstnSAT S14e " u-. 33 168 183 Yngstn S&T ¢s'61___. 101% 101 101 Bo Pac 434869 80 Pac ¢34s 81 = 80 Pao Orer 43877 __ 8o Pac 8 F Ter 48°60._ 80 Ry gen 48’66 A __ 8o Ry gen 68°'56 80 Ry 648 '56 BoRY M&O 48'38_ 80 Ry 8t L div 4s'51__ Stand Ol N J 3s 61 Studebaker v 6s 45, Swift & Co 3%s '60 8Symg G&G 5% 8 ww 8ymgn G&G 56 xw.__ Tenn El Pw 6547 A__. Term AsSt L 45 83 Texarkana 6% s ‘50.. rexas Corp 3%s ‘51 Texas & Pac 5s 79 C.. Third Av ref 4s 60_ Third Av 18t 58 '37_ Third A ad in ex 58'66. Tri-Contl Corp bs '53 _. Un Ofl of Cal 3% 52 Unton Pac 3%8 70.... Un Pao 333871 - 96, 964 Un Pac 18t 48'47 ____ 11314 1133 113)4 Un Paoc 1st rf 48 2008 107 107 107 United Drug 53'63 102102 102 U S Rubler 58 47 ___. 10834 106} 10634 Utan L & T 6844 (A). 1 10814 10834 Utah P& L 55 "44._ 10435 104% 104% ACACIA LOW COST PLANS $6.15 per Month per $1,000 $6.90 per Month per $1,000 $8.00 per Month per $1,000 ck, 25 calnred brofleru i3 Ply bnrebnckl 19: roosters, PN S sox osters, 13 ‘turkeys, hens, 1} youns come, 17: old. 16: No- @ furkevs, 5 ducks, 41 Pounds up, white andcol- 30:" small ‘white and colored. 14 capons. i R A An 7 poun k utter, Bf1; A specials (o5 02), 35 firs central i creamery, scate),” 3512a36; exras extra firsts (Ho81). Setann 43 @0, (88-8 stanidards f2ed catlotsr A4a Bas, mmu, glendy: extra frats. Jocu cats, resh graded firsts. local, M. Car: i current feceipis, 21 torage g, extras - 2450 ator e rsts. 24V Mfioumen 160, on track, 377: total U shipments - Saturduy ~Uo2: Sunday old stock dull, weak up dertone: Pune- fiberal *Gemand "siow: " limited most best quality: sacked, per hunaredwemm Idaho "Runeu dlEurn‘lnknl”U g it 16as0, acoording to size an aualita % 2, 9.06070; Colorado Red Mo N, ) Foanis party fra fod; 2 Wisconsin B(:lnd ‘whites. Y{ l 1, few 'sales, commerclal "oa Michigan Russsl Rurals, U few sales. 230a40. ~New ltock al flut nendy eman slow: aarlot 3 eum Florida Bligs 1. few sales, 2.1215a20. No 2, Xe' sales. 2.10 & crate. ok et Airport charges to civilians SBritain will be standardized. 17 um 108 106 18234 18234 133 188 98 v 108 108 106 106 1025 102% 108% 108% 6814 084 101 101 89 89 12214 1224 04 14 98 96} A T&S Fe 414548 A T&S F RMt dvis'es. Atla&Ch A L 4748 "44_ Atla&Ch A L 6s'44 Atl Coast L 18t ¢s'63. Atl Coast Liine bs '45__ AtIC Lun4l%s’'64 Atlantic & D 1st4s 48 At1G & W 168’59 Atl Reflning deb 58'37. Atl Coast Lclt 68 '45__ B&O lst 48 43 _ B&O 4%s8'60 Call—No Obligation—at Mortgage Loan Department ACACIA MUTUAL LIFE INSURANCE C0. 51 Louisiana Avenue (Just Opposite the United States Capitol) WASHINGTON, D. C. cmr Russet weh Val Coal 68 74 Leh Val Coal 65 ‘38 Leh Val Har 68 '64 LV NY 4%8 40 gtd. Leh V Pcon 48 2003 _. Leh V P con 431 2003 Lah V RR con bs 2003 Leh Va) Term %s'41 Ligg & Myers 8581, 101 101 101@ 96 96 96 10636 1063 106% 1% 8l 814 - 11 34 11134 11134 ”n 1] B&OEs 96 F B & O ref 68 2000 D. ” " 1 1 12284 122% 122%