Evening Star Newspaper, March 22, 1937, Page 17

N ! ..America was down about 5 ar FINANCIAL ) 2 5 17 'NEW YORK CURB MARKET CGURB LIST GOES TOLOWERLEVELS Drons Fractions to Several Points-——~Some Show Larger Losses. BY the Associated Press NEW YORK, March —Prices gave way in the Curb market today, Jjoining other security marts in a gen- eral decline. Losses ranged from fractions several points late in the day, with a few high-priced shares showing even wider reverses. Aluminum Co. of | d Sher- | win Northern States Power declines of a out to McW Pump. Montgomery Ward ‘Youngstown Steel Door. CHlCAGO GRAIN B the Associatea Press. CHICAGO., March 22—Rains in Nebraska and foreca: of moisture in Kansas and other important States | Jed late today to sharp reactions from {feverish advances of wheat values. More than 2 cents setback from the day's top quotations in Chicago took place. The late downturns were in the face of a 1,503,000 bushels de- crease of the United States wheat isible supply total announced today Williams lost or A" wa point or 0. “A" and the close wheat fin, was “s-17 May, 13! 55-135 up, May oats unchanged ovisions 2 cents t < above and pr Low Close Chicago Cash Market. 2 red dark hard hard, 147-47%; No No. 3 white, 143 N No. 2 yellow 1.13-16'g Oats. N hard. 146 mixed. 142 17; No. 4 white, 1.19 4. No. yellow -20 whit rye, No'2, 1.18 nominal; malting, tnal; timothy seed, 4 weight; clover see dredweight Baltimorc BALTIMORE, Marc @ ed Winter, zariicky, spo Mare 4 511, 73-87 1.00-35 nom- undred- 30.00-36.00 hun- 75-5.50 Quotations w No 3 1400, DOMESTIC BONDS to| off about 2 and | s0 were meted | liams Dredging, Wayne | By private wire direct to the Star. 2:30 Stock and Sales— Dividend Rate. Add 00. Acme W vic (2) .. 250s | Aaro Suoply (B) 5 { Afnsw'th M C b25e 2 | Ala Pwr pf (6) 20w | Alabam Pw pf (7) 120 iAIlen Indus (t1) 2 I Alliance Invast 1 L) High. Low. Close. 8 8 @ 51 534 17% 17 68 6744 79% 4% 23 5 169 nuz7 171% 1344 130 27% \'IL, 134 36 894 | it 201, | 125 Alum'n Co of Am 1600817634 Alum Am pfall® 100 118 Alumn Goods b2ic 1 17% 8008 139% 1130 Aluminum Ltd Alm Ltd ¢ pf b1 | Am Airlines Inc 1 27 | Am Beverage _. 1 3 | Am Box B'd 180c_. 2 20 | Am Capital (B) 1 1% Am Cit P&L (A) 8 25x 36 Am CP&L ww2% 1 39 | Am CItPEL Baz0e 3 8% Am Cvnam B t60c 14 804 | Am Dist T (NJ)4 258 Am & For Pw ww 12 Am Fork & H (11) 1 Am G&E (1.40) 16 Am G&E pf (6) 100 Am Gen C'p (afl0c) 5 | Am Gen Cpr2) 50s | Am Invof 111 (2) 1 Am Laun'y M 80c. 3 | Am L& T (1120). 2 Am Mfg Co (a3) . 125s Am Maracatbo 106 Am Meter (a21) 1 Am Pot & Ch a2} 100s Am Superpower 41 | Am Superpw 1st 6 Am Superpwr of Anchor Post F | Angostura (120¢) | Apex Electrieal) 35 | Avpalach E P pf 7 106 Arcturus Radio T & 2 1 | Ark Nat Gas __ i 9 g | | Ark Nat G cu pf__ | Ark Nat Gas (A) | Ashland O&R t40¢ | Asso Gas & Elec | Asso G & At Coast Atl Coast Liazy Atias Corp war Atlas Plyw'd (1% m' Austin Stiver E il Auto Products 2 :x, Auto Vot Mch 50¢ LIl Ax-Fisher(3 20)A 373 Babcox & Wil (4) 1258 143 dw L bd rrscd) 184 4 3 3 Rardstown Dis 1 41 arium Stain St 9 Bell Atreraft 3 1534 Bellanca Afreraft. 1 7 7 Berkey&Gay F Co 8 3 Berk&GF pur war 14 Bickfords Inc1.20 3 Bickfords pf(214) 25s 371 5 3714 Bliss Co (E W) 11 5 Blue Ridge Cal0e 1 Blue Ridgecvpf3 1 | Bohack (H C) 508 Potany Cons (d) Bower Roll B (2) 201y | Bowman- Biltmore 1 Bowmn-Bilt ist pt 50 Bowmn-Biit td pf Brazil TL&F 40c Brid'p't Mch b2 | Brili Corp (A) | Brill Corp (B) Brill Corppf Brillo Mfg (80c) trown Co pt 4503 Brown F&W blse 1 Brown Forman 1 Bucheye P L (4) 2008 18t 5 100 r H&S(b1) 1508 o Inc (aslc) 1 Rurco Ine war Burma ( Burry Biscuit able & Wire(B) | Can Car&Fary pt ‘Aan indus Alco A Can Marcont Carib Syndicate _ Carnatior arnegie Metals Carrier Cor | Carter (JW) 80c_. | Casco Prod bz3, | Catin o c) Celanese Ist pf 17 b0a Celluluid Corp 2 “ellulotd Corp pt 2 Cellul'd C1st pf a8 10s Cent& 8 W UL 5 Cent States Elec 6 Cent SUEI 6% pt 1008 Centrif Pipe r40c 2 3 | A% | 3 53 15 | b4 | M HE EVENING STAR 2:30 Stock and Dividend Rate. Add Godchaux Sug(B) Goldfield Consol._. Gorham (A) Gorham pf ww Grand Natl Fllms Gr Rap Var(t60c) Gray Tel PS (1) Grt A&PTnv t6 Grent Nor Pap t1.3 Greenfieid T & D Groc Store Prod ._ Guardian [nvest Gulf Oil (Pa) b25e Hall Lamp (80c) Hartman Tobacco Harvard Brewery Hearn Dep S b1.65 Hecla Min (bz0c) | Helena Rub (A) 1 Heller (WE) t40c Hires (C E)A(2) 1 | Hollinger (165c) | Holophana (bsoc) Horn & Hardart 12 Hudson BM&S (1) Humble Ofl (1%) Hverade Fona | Hygrade Sylv (3) UIP&L6%DpL 1 11l Pwr & Lt $6 pt 1 Imp Of1 Ltd +50c Imp Tob Can 140c TT GUB&T IR Tue Indiana P L(h3oe) Indus Fin 7% pt | Intl Hold&Inv Ltd Intl Hy RIS cv of Int] Metals Inc A 1 Intl Petr (111 | Int1 Produets Intl Ut (A) __ Intl Uth (B) Int) Vitamin(50c) Interst P« Del)pf Inv Rovalty (i6c) Iron Fire vte 1.20 2, Irving Atr Ch (1) Ital Superpwr(A) Jacobs(FL)Coc1) Jeanette Glss afile Jeri‘en P&Lpf i Jer Cent P&L pf 7 Jonas & Nbe b Jones& Laush Kans C Ken 5 ik ston Prod 40s Kirby Petrol (20c) Kirkland L G (6c) 61y | Konpers of (6) | Kress(SH) pf 60c | Kreuger Brew t1_ Lake Sh M (14) lakey Fv & Mach | Lefcourt nf(a7sc) Leh Coal &N 30¢ Leonard Ol 2 31¢ | Lion O1] Ref (1) Loblaw GriA) (1) Locke St Ch 180c Lockheed Atrerafe Lone Star Gas 8oc Long Island Ltg Long I L of A(T) Loudon Packing ... La Land (40c) _ Lynch Corp «(12) | McCord Rad (B) | McWilhams D (12 Maestic Ra&Tel | Mangel Stores Margav Oil a50n __ Marfon Steam Sh Util Associa Massey Harris Master Elec (1) Mead Johnson( Mem Nat Giadue Merritt “han & S Merritt C& S of A Mesabt lron Mich Bumper C | Mich Gas & O11___ Mich Sugar | Mid Sta Pet (A)__ A1id Sta Pet (B) Mid-W Abrasaife Midwest Oil (11) Mining ¢ (Cany Minn M&M b0 Aliss Riv K pf (6) 1 Mock Judson 60c Molvbdenum Corp Montr HLt&P 1% Moore Dist (150¢) | Mount Prod (60c). Nat Baking Co Nat Bella Hess Nat Contain asle_ Bales— 00, il 2 1 508 9 1 4 108 508 5 12 5 24 1 3 25 3 81 1 1 508 ‘ 1 50n 16 7 2 508 008 50m 0 1 1 3 258 | Ins Co of No A 12 200s 3 1 008 1 008 3 1 4 258 17 High. 81% % 6 a4 3 1684 164 111 434 UL Low. Close. 30} 303 K % 6 6 8714 am 224 154 16 10734 42y 14k LR 5§ 53% 107 118 1615 5614 16 10 l ‘4 4 164 134 1 | Smith, WASHINGTON, D. C, MONDAY, MARCH 193 W.T.GRANT NETS 34,594,379 PROFIT 1936 Total Compares With $3,334,246 Recorded in Previous Year. B7 the Associatea Press. NEW YORK, March 22—Annual report of W. T. Grant Co., depart- ment store chain, for year ended Jan- uary 31 showed consolidated net earn- ings of $4,594,379, equal to $3.84 a share on the capital stock. This compared with $3,334,246, or (Continued From Sixteenth Page.) Prev 1937 High. Low 6l 4y 120 8% NY T9% b 51% 341, 81 6814 2014 142 128 465 4115 1017 75 40", 3 9 215 pm. Sales— Net Add 00, High. Low. Close. chge 3 52 511y Blig — 1y 208 4 93 93 108 91 91 91 108 10474 1047% 10474 5 208 12015 119% 1201 13 10% 10% 104 200 200 4% 10% Prey 1937 Stock and High. Low. Dividend Rate 56 46 Wesson O&S (150¢) 102 97% West Penn E1 A (7) 100% 9213 West Penn El pf (6) 109 103 West Penn El pf(7) 12314 119 West Pa Pwr pt (7) 113, Western Maryland 231 Western Md 2d pf__ » Western Pacific.___ Western Pacific pf s Westn Un Tel (3) % Westingh'se A B(1) Westingh'se 1 (b1) Westhse 1st pf (b1) Weston Elec(A)(2). 108 Wheeling Steel 10 Wheel Stlpf (h1) 1 White Motor 50 White RK M S(1.40) 1 White Sewing Mach 103 White Sew Mch pf 1 Wrig Yellow Yei 'l 108 11:00 P.M ) 1:00 P.M 10914 i cash payments based 305 lara‘ions not including a Compar;es x Ex_dividend 61 4212 40 40 Stock and Dividend Rate Wilcox Oil & Gas Wilson & Co (30¢) Wilson & Co pf () _ Woolworth (2 Worthington Pump Worth P v W jr (13) Tr & Coach & Young Spr Yestn S&T (b75¢) enith Radio(b30c) T3 Zonite Products 3 N | Approximate Sales of Stocks on the N. Y. Stock Exchange. . 950,000 Dividend rates as give s Unit of trading less than 100 shares extras reported Fl NEW YORK STOCK EXCHANGE ELEGTRICAL TRADE 2:15pm. Sales— Add 01 Net Close. chge 5y — ) High 51 107 &9 52 391 109 64 Low 101 'y 87 2% 51% BI1Y — 7y 21 3 10) 32 a8 -1 107% —1% 657y 687y — 80% 30 130 130 40% 405, BRI, KR, 344 100% 2 130 108 1 42 10 ump pf(A) 1075 Cpf(bl%) W (1) 510,000 12:00 Noon 776,000 P.M 1,360,000 n the above table are the annu st quarterly or half-yearly dec- on the la Annual b Paid _this being reorza a a Paid in recet year rship or 1zed $2.78 a share in preceding fiscal year. Sales and earnings established new high records, the company stated. Sales amounted to $98,346,043, an in- crease of $6,364,229, or 6.92 per cent over the previous year. Company op- erates 477 stores in 38 States. American Airlines. American Airlines. Inc., reported | 1936 net profit of $4,589, compared with a loss of $748,369 in 1935. C. R. president, said the company transported 255,324 paid passengers | last year. an increase of 45 per cent, compared with 1935 traffic. Revenues | totaled $8,334,091, compared with $5. 864,536. Of this, passenger revenue accounted for $5. 817, compared with $3,611,299. Newmont Mining. Newmont Mining Corp. reported 1936 net income of $2,020,105, equal | to $379 a share on the common stock. This compared with $1,272.267, WITH STATE LAWS New Company Formed at London to Help Meet Requirements for U. 8. Operations. By the Associated Press. LONDON, March 22—A company | has been registered called the “Ad- ditional Companies,” with a capital of | £365,000 ($1.825,000) to assist members | of Llovd's underwriters in connection with foreign business. The chairman of the company wiil always be the chairman of Lloyd's, and the other directors comprise the | Committee of Lloyd's. Only members 2ie of the committee may be directors Income for vear included | It js understood, says the Financial 28 profit realized on securities | Times, the company has been formed | | to overcome difficulties hitherto pre- | American Building Association Directors Name W. H. Blanz Secretary of Company. Wilfred H. Blanz, bank examiner has been appointed secretary of the American Building Association, 300 Pennsylvania avenue southeast, to succeed C H Kindle, who re- cently retired on account of il health. Mr. Blanz was associated with the office of the controller of the currency for 15 years during 976.5 sold. which he devoted a large portion of his time to the examining «f W ashington building and loan assoc In recent years he has been in charge of a subdistrict comprising banks in Virginia, Maryland and West Virginia He will assume his new dutic: once. The American is one larger building associati cit; DOLLAR GOES HIGHER IN LONDON DEALINGS LONDON, March 22—The United States dollar gained 's cent in the e market today, ¢ he pound. compared a similar Saturday closing rate York francs closed at 10638 to nd, compared with 106 40 Sat- venting Tloyd's underwriters from com= plying with the laws of certain coun= Magma Copper. Marma Copper Co., with properties in na, reported 1936 net profit | tries, which require all foreign of $1.297.980, before depletion, equal |Surance companies to make depo: to §3.18 a share of capital stock. For | and to comply with formalities before 11935 profit was $6 or $1.63 a being allowed to undertake insurance | share. business in the country | Brunswick-Balke. This applies particularly to some of The Brunswick-Balke-Collender Co. | the States in America, where there is reported ordinary operations in 1936 & large demand for insurance at resulted in the first profit in seven | Llovd's, but where it has been impos- | ve: Nel profit, after $190,000 re- | sible for Llovd's underwriters to com- serve, was $770 824, equivalent to $1.32 | Ply with State insurance laws. per share on the common stock after e dhugens Tl cmoused. pLLIED KID VOLUME in- | CLIMBS 10 PER CENT | Both net profit figure and | cluded net cre of 2,051 | $100.245, respectively Profit 1“,m i Special Dispatch to The Star | dinary operations in 1935 was $6:8,~ NEW YORK, March 22.—February | 773 against a loss of $51,188 in 1935. business of Allied Kid Co. exceeded Wesson Oil & Snowdrift. preliminary estimates, showing a gain n Oil & Snowdrift C: of 10 per cent in physical volume and makers of cof an increase of 19 per cent in net doi- products, for the six months ended |1ar sales over February of last year, it February 28 reported net profit of §2,- Was announced today by Benjamin Simons, treasurer of the company 646,455, equal to $3.51 a share on the 2 ! | common stock, compared with $1,544,- In January the gains over the same 1936 mo 572, or $1.63 a share, In the six months " and 25 per cent in dollar sales ended in February last vear The indicated net profit for the Feb- | Thus far in March approximately a quarter 754, or $1.76 the same rates of improvement pre- are, against $1,321,701, or $1.75 Vail as in February. a share, in the preceding quarter, and or 58 cents a share, in the ble period of the previous fis- 7 W. H. Blanz , however, d its onseed oil PARIS, March rentes, 69 francs per cent rentes, 73.00 Exchange on London. 106 36 dollar was quoted at 21.77 50 SEMET SOLVAY GETS ORDER FROM DETROIT NEW YORK. March Solvav Co. a subsid: Chemical & Dye Corp an order from Great Lakes Steel C of Detroi a 130-oven by-product coke plant. it Was annouicec Contract calls” for Zug Island, on the Detr two batter tion ovens plant NEW YORK SUGAR. NEW YORK ch 22 (P —Raw s was quiet_and unchanged early today 3.45 for spots with no sales reported Futures were sieady for both contracts | No. "4 advance < better showing while No 3 ! By & m 1 Steady on trade covering ympathy with the epot market July No. 4 soid up | and were holding aro No. 3 contract hanged to 1 and Septembe Refined w granuinted with awals reported awin \V & P 80c rwin Will (4) nons HA & P r Mfg Solar Mfg (a40c) Sonotone C (alue) So Penn O11(t112) Soss Mfg (aZhc So Cal Ed of B 1% buthn Unton Gas High Low Close 3w, 200y 294 144 140 140 | &) 156k Lk 333 330 930 61 6l 6ly s 1n 43y 4k T 6y to 1. po nd for at the po; was May 1y 44y 634 278 4.80 for fine continued active with- . LLOYD’S T0 COMPLY EXAMINER OF BANKS |GARDNER- DENVER STOCK ‘ JOINS LOAN FIRM IS PLACED ON MARKET ¢ the Associated Press | NEW YORK, March 22.—An offer- ing at $60 a share of 17,615 shares of | Gardner-Denver Co,, no-par value, | common stock, was announced today ! by an underwriting group headed by A. G. Becker & Co. The company's principal plants are at Quincy, Il ; La Grange, Mo., and Denver. CHICAGO LIVE STOCK. CHICAGO, March 22 @ Department culture 00 4.000 direct ever hau Friday packin Unjted State = 1 choice. 20 G4 for pound pack seve 40 down 00 low - 50 down, best shipper _Sheep piy fa Colowadn Californ slow. ea teady o Reer. weak native ewes = 000, sup- b T r cent from and one load % For Safety of Pri % For Assurance of Income FIRST MORTGAGE NOTES ELECTED properties and conservative appraisals combine to make these First Mortgage Notes on District of Columbia and * Ch1 Flex Shaft (4)20 Chi Rivet & Mach Cniel Cousol Childs Co pf Clties Service ___ Cities Service pf_ Citles Svept B __ Cit Sve P&L $6 pt Cit Sve P&L §7 pt City Auto S(160c) Claude Neon Lts Claton&Lam blic Ciey iimcior *iub Atunmnum Cohin & Rosn a30e Coion Dey Lia Colon Dev 6% Colo b 1675 15 | 8 4y 478 4% | 6 | Balan Lo tis Baldn Lo tis Baldn L Baldn L 1 xzx‘\ 10 | 1| pt | Nat Leather | Nat Sugar N J (2) Nat Fuel Gas (1)_ Nat Gyps A a2lg._ Nat Investors __ Nat Invest war___ outhl'd Roy bl0c panish & Gen (13) pen Chain 8t 60c Square D pf A 2.20 5 ahi Mver Inc 1 Stand Oil Ky (t1) 18 Stand Oil Ohto 1. 10 Stand Pwr & Lt _. 19 Stand P& L (B) . 2 Stand P & L pf 508 Stand Prod (b25c) 1 Stand Sti&Ld (4c) 15 | Stand Sti Spa2i. 3 | Starrett Corp vie 14 Sterchi Brosa3lc 2 Sterchi Bros 1st3 b0s Sterl Alum Pa 75c 4 terl'g Brew a ‘ 8 Nat Oil Prod 160c Nat Rub Mch a20c Nat Service & Nat Service pf. __ m;, oy .S% 4% 61 19% aldy 8 10 3914 Nat Transit (75c) Nat Unfon Radio_. Nehi Corp velson (H) (at5e) Nestle-Le Mur New Brad Oallc P As6%pf b2 50s ew HavCiqlt) 2 | a benzol refining unit | NEW YORK. Mar 2 (P steaay per’ ce day ercial er 3. per cent: time loans steadv. 0 days-G6 months 1's per cent offered: bankers’ acceptances unchanaed B0 days. da-f: 60 days 10 days 2= hs. Sa-l3. 5-6 Months. 3,-3 ELECTED TO COMMITTEE | NEW YORK, March 22 (®).— | Stuart W. Webb of New York. a | rediscou ate, New ‘York Reserve Bank,| former president Pathe Exchange, 112 per cent | has been elected a member of the | e — Chicago Rapid Transit Bondholders’ STEEL EXECUTIVE RESIGNS. | Committee of which D. F. Kelly of Chicago is chairman. { PITTSBURGH. March 22 (#) —F.E. | | Fieger resigned today as vice president ! and director of the Jones & Laughlin Steel Corp., completing a 20-year as- sociation with the corporation. money com class offerings we Dexominations Gilbert (A. C.) Co.—193 re earnings were 95 cents, cents 1503 H St. N.W. common against nearby Maryland homes one of the highest SHANNON & LU_CHS] Members of Washington Real Estate Board East G & F 4 Emp Dis Bi 5s Emp O&R K. s Florics PAL 8 54 Gary B&G As 44 s Gatinea v o 4s W 4s 6s 4 10012 100 Interst Pw s Interst Pw & Interst P 8 5s '3 Interst P 8 4125 Jowa Pub Sv Jackson G 55 JerCP &l Kentucky Ut Lenich B & Brena b Midlan V R R Mid S Pw 6 Miss Pw & L Miss River P Nat P & L 6s Nat P & L Nevad Ca o0 1055 a3 100 s 917 211415 10515 1051 10013 10015 > 931 03, 1011210105 1041510415 a0 10815 2105 a0 R134 anis 213% 10010 1043, 106 hio Pub 8 5s P& W Bae P& L Peon C'L & P 10014 1043, 106 10115 Eotomac E 5 Pub 8 N T 4} Pub 8 Okla Pug § P&L * Pug 8 PAL 41,5 Quee GEE 5las '50 Bt L GC s '47 mat Bou Cal Ed 3.5 'R0 Bou Cal E 3%s ‘A0 B Sou Ind RY 4s Al Souw P&L 65 8td G&E cv s 8td GAE 65 '51 A Stand Pw "Lt 6s '57 Texas Elec 55 'A0 Tex Pw & L 55 '58 Twin C RT, 51as pT1 & C Rfi'l(codfllct 533 " Ulen & Co fis ‘44 s Unit EI N J 45 Bhlt TP s 35t Unit L&P Blae Unit L&R D blas TUnit L&R M 68 TUnit L&R M 6 Jatvel oit Va Pb at Vi b 8% West 5ios Wheeling EI 85 '41 Wis-Min L&P 5s Wis P&L 45 ‘56 A York Rwy Co 5s '37 Ital A ww—With warrants rants n—New st (stp)—Stamped £Negotiability impaired by maturity, fCompanies reported in receivership, xwWithout wai Standard Ofl Co. (of Nebraska)— 1936 net income was $74.326, equal to 42 cents a common share against rflcu of $20,020. [ % el&lr war Colts PFA b3T1:c Cutuin Ga b piy Colum O & G a Cour with & S war Community PS 11 Community W S _ ComSM ste via t1_ Cons Alrcraft ___ Cousol Copper. C GELt&P Bo 3.60 Consol Gas Uttl___ Cons Min&Sm 12 250 | Consol Retail Stra ‘Lon>l'0)m (2uc) | Consol Steel Corp Contl Kol & S Ky Cooper Bessemer. Copper Range Cord Corp Corroon & Reyn__. | Cosden 011 Me (d) Court'lds a35 2-5c¢ Creole e (abuc)_ Crocker-Wh al0c. Croft Brewing. Crown Cent I abe Crown C L(A)bb0e Crown Dr (b20c) - Cusi Mex Miniuk % | barby Petr (50c)_ Dayton Rubber Dayton Rub A (b2) Derby ULl & Kel Detroit Gasket 11. Det Gas pt (1.20) . Det (Mich) Stove. Det Pap Froa rzoc Det Stl Prod b2ic_ Disulled Liquors.. | Dow Chem (z.40) Draper C (12.40) Dubelier Condens. Duro Test (bl0c)- | Duvai lex S asvc | Bagle Pitcher bioc | Eastn Gar asso Estn G&F As pf 3 1008 | bastn Swates rwr 4 sasy W M(B)b2ic 3 Lasier Elec (ave) 6 Elec Bond & Share 100 Elec B&Spt (5). 2 Elec B & S pf (6) 6 El Pwr As(A)a2se 1 Elec P&L opt war 1 Elec P&L 2d pt A 1008 ilectrographic t1 z Elgin Nat W bs0c 1008 bEmp G&t 6% p1 268 Emp G&F 1% pf 608 Emp G&F 8% p*_. bus Emsco Derrick t1 1 Kquity Corpa2be) 43 Buropn Elbdrts. 4 Evans Wall Lead 29 Kvans Wall L pf bus Bxcello Air(b20c) L] Faistaft Brewing Fanny Farm C(1) Fansteel Metal Fedders Mfg b25c. Ferro Enam rights Fidelio Brewery Fire As(Phila.)t2 80s Fisk Rubber 26 FlaP&Lopf. 1008 Ford Ltd a181-10¢ & Ford (Can) A (1) Froedt G&M (20c). Gen Alloys Gen El Ltd a56%¢ Gen Fireprfg b2ic en Invest Cory Gen Tele C'pal.35 en Tire & Rub 6 Gen T&R pf A (6) 20s Georgias Pw pf (6) 1768 Glen Alden C (1) L Godchaux § A b2_.150s 1 2 1 2 1 8 8 1 2 1 6 1 3 w Jer Zing (12) 85 New M&A 1dale | Newmont Min b75¢ New Process (12) N Y & Hon (biie) N Y Merchandise | N Y Telnt (635) 1 | Niag Hud Pwr new Niag H P(A) war Niagara H B war. Niag Hud 18t (5) 1 Niag Sh Md B a60e ipissing (50c) oma Elec (b40c) No Am Ray A b30c | No Am Ray B bsoc North Am Ut Sec North'n Kurop O IPS63 plad!, North Pipe L a7bc North States P A Northw Eng(allg Ohio Ofl cu pt (6). Okla Nat Gas Co Okla Nat Gaspf . 1 Oldetyme Distil Pac G&E 1st (13%) Pac Public Service | Pan-Am air (t1)_ Pantepec 011 Pender Gr(B)a50c Pennroay (az5e) PaPw&Lt 6% pf Penna P&L pf (7) Penna Salt (b11) Penn Wat & P (1) Pepperell Mfz 16 Phillips Pkg a50c Phoenix Secur Pierce Gov (a50¢) Pines Wintfrt(n) Pioneer Gold b10c. Pitney Bow (t40c) Pitisbeh Forging Pitts Plate G (b1) Pleas Vall W (bse) Plough Ine (1.20) . Potrero Sugar Powdrell&Al t60c Premier Gold t12¢ Producers Corp Prosperity Ball Prov Gas (80c) Prudent’l Inv a50c Prudent Inv pf(6) 1 Pub Sve Ind pt Pub Sve ind pr pt Puget Sd P&L pf 5 Pug Sd P&1 $6 pt Pyrene Mfg aj0c Rainbow Lum (A) Raym’d Cone (t1) Raytheon Mfg vte Red Bank Reed R B new 180« Reiter-Foster Reynolds Invest _ Rice Stix DG bb0c Richm'd Radiator Root Petrolm(1) Russeks F Av 50c. Rustless Ir&Stl Ryan Consolid’d Rverson & Haynes Saf Car H&Lt b1l 8t Rexis Paper St Regis Paper pf. Savoy Ofl Schiff (The)Co(+3) Scovill Mfg (b50c) Scrant S B Wat ot Segal Lock & H Seiberling Rubber Selected Indus 508 1 1 1 808 00e 82 6 1 258 5 12 5 2 1 1 25 208 2 00, 2 208 608 508 1 508 1 13 2 1 3 5 6 5 4 1 1 13 48 83 2 508 2 008 608 408 258 508 1 4 508 608 74 258 1 4 508 258 ¥ 2 b Sel Ind all cfs 6% 3008 Sel Ind pr pf (5% )250s Selridge P S a20c. Sent Saf Control _ Seton Leath a50c.. Seversky Aireraft Shattuck Den Min. 2 1 2 8 a7 11 T4 terling. In¢ c) 17 5%, tetson(JB)bs0C. 268 | Stnnes(Hugora 2 | Stroock & Coa21; 1 Sullivap Machine. 1 Sunray Ol (alle) 12 | Sunr'vocuprey 2 Sunshine Min (3) 15 Swisa-Am Elec pf 8508 Taggart Corp 1 Tastyeast(Del)A_ 1 Taylor Dist (30c). 1 Technicolor aj0e. 13 Tech Hughes t40c 2 Tex P& Lpf (7). 10s Thew Shovel ai0c 1758 Tilo Roof Inc (1) Tob Prod Exp 15¢ Tob Sec (a5 4-ic) Tobacco Sec def _ Tol Edis pf A (T)_ Tonopah M (afe)_ Tr-Lux DPS r20c_ Tri-Contl C war _ Tubize Chatiliton. Cung-Sol Lamp n Tung-Sol L pf 80c Twin-Coach al.40 Ulen & Co 5% pt Ulen & Co 7% % ot Un G of Can a3sc- Unit Air war - United Corp war_. Unit Gas Corp Utd Gas war Unjted G C pt b1% Unit Lt & Pw (A) Unit Lt & Pw pf Unit Prof Shale | Unit Shipyds B Unit Shoe M 12% 4008 Unit S Mch pf1.50 10a U S Foil (B) (1).. 10 U S & int] Secur 3 US&IS 1st pf b1y U S Lines pt US Radiator U S Rub Reclaim_ : Unit Stores vte __ Unit Verde Ex (1) Unit Wall Paner | Univ Cons Oil(a1) Jniv Insur (1) 2008 Univ Pictures i Univ Prod (hi0c) 1008 Uta P&L pf b871,¢ s0s Utilities P & L (d) 6 Utl] P& L pf (d) 100 Utility Equities 6 Utlifty & [nduspt 1 Valspar vtc 2 Valspar pf vtc._.. 50s Venezuela Mex O. 1 Venezuela Petrol 5 Va Pub Sve of (7). 60s Vogt Mfg (b20¢). 1 Walker Mining 1 Wayne Knit Mills. 1 Wayne Pump (bUo 26 Well't'n Ofl of Del 1 Wentw'h Mf 11.20 2 West Tex Ut pf(6) 10s W Va Coal & Coke 5 Westn A E (a25c) 4 West Au Sup A t4 508 Westn Md pf (a7) 10s Will 011-0-M ab0s Wil-low Cafeteria Wilson Jonazt _ Wolverine Port C ‘Wolver Tube b20e Wright Harg 400 Ygstn Stl Door(2) 2 6% 6% Yakon Gold(al13c) 13 8% 3% Dividena rates in_d | auarterly or semi-anngsl payment " thn: nual ral not including extras 1Ao- cumula dividends a Paid last year b Paid this year d Companies reported as g In bankruptcy or in receivership. er hllnl reorganized under t) TEPAL! act. o securities sssumed hb.r i o 20, WE A MANY TYPE 12 1 2 2 H THE American Security has ample funds available for loans and is al- 1 6 2 | 22 1 ways glad to talk with responsible CENTRAL BRANCH 7th and Massachusetts Ave,, N. W. NORTHEAST BRANCH Eighth and H Strects, N. E. i PROFITS T0 GAIN .‘ Further Increases Expected Despite Climb ir Oper- ating Costs. Bpecial Dispatch to The Star | W YORK, March 22.—In spite of rising labor and other operating costs, further earnings gains for elec- trical equipment manufacturers are indicated for 1937, according to a new vsis appearing in Poor's Industry | and Investment Surveys. Orders booked by in 1936 totaled 78 manufact 431,000, a 41 Sales an | du me household apj per all-l,mr‘ records las output of electrical construct terials and industrial equipm registered s short, however, of former peaks “The recovery m expanding consume er and broadened is responsible for sharply ex- panding sales of electrical household appliances and industrial equipment,” continues the ana bsta fell industrial he acti “In adition and power outp pe els, has fo increased electric lig ering at or near ed utilities to ex purchases of new equ ility construction expe ear were $275,000,00( greater than in 1935 a double the 1933 low However, expend below depression le K e ment U 43 per mol t n $129,000,000 remain fa ear 30 9:9.000 som| cent of 000 cent peak of Were it cisions and « aaverse to utilities, power companies wo to undertake large-scale replaceme and expension programs. Neverthe- less, new equipment necessitated expanding electr ht and powe production, combined with the creasing replacement demand gests that electrical equipment facturers should gains in sales to ut not ing court de- legislation ild be more BOSTON WOOL MARKET BOSTON March ncipal 5 2% have ever sponsored. from $250 Up Estate National 2345 RE MAKING S OF LOANS Large and Small With and Without Collateral individuals and business men who have good reasons for borrowing . . . Call atany American Security office. AMERICAN SECURITY AND TRUST COMPANY Largest Capital and Surplus of any Washington Trust Company Main Ofiit.' FIFTEENTH STREET AND PENNSYLVANIA AVENUE SOUTRWEST BRANCH Seventh and E Streets, S. W NORTHWEST BRANCH 1140 Fifteenth Street, N. W Memser FeperaL DeposiT INsURANCE CORPORATION MeMmBER FEDERAL RESERVE SYSTEM