Evening Star Newspaper, March 25, 1937, Page 23

FINANCIAL. . CURB LIST RULES MIXED TO HIGHER Most Changes Fractional. Some Inactive Issues Veer Sharply. By the Associated Press. NEW YORK, March 25.—Prices were mixed to higher in the Curb market today. Most of the swings late in the ses- sion were fractional, although a num- ber of normally less active stocks veered rather sharply. American Mfg. was up about 3, while Duke Power and Niles-Bement-Pond each gained 2 or #0. Gainers of a point or more in- * cluded Gasco Products, Newmont Min- ing and Aluminum Co. of America. The majority of losses were small, al- though Pittsburgh Plate Glass declined | sbout 1 and Sherwin-Willlams near- Iy 3 CURB BONDS DOMESTIC BONDS. High. Low R4 Noon. Ala Power 4! Rebg Ala Power 10 10034 10035 10034 ) | Angostura-W rts NEW YORK CURB MARKET 2:30 Stock and Bales— Dividend Rate. Add 00. Hearn DepSbl.65 3 Hearn DS6%pf3 1 Hecla Min (b20c) 8 Heller of ww 1% _ 1005 HeydenCh (2) _ 1 Hollinger (165¢c) 6 Horn & Hardart 12 50s Hudson BM&S (1) 4 Humble O1l (1%). & 81% Hygrade Food 5 5 Hygrade Sylv (3). 50s 50 11l Pwr & Lt $6 Dt 4008 69} Imp Of) Ltd t60c 12 2274 Imp Tob Cant40c. 2 14% Ind'n Ter I1O(A) 1 4 Ind'n Ter O(B) 1 4 Indlana P L(b30c) 1 MY Indiana Svec 6%pf 808 2734 IndusFin7% pf 26s 17 Ins Coof No A t2 300s 663 Intl Cigar M 13 3 26 Intl Hold&Inv Ltd 8 34 IntlHy RIScvpf 8 35% Intl Metals Inc A 100s 175 Intl Petr (t13%)__ 7 86 Intl Produets 6% Intl Utd) (A)_ 1 tnt] Uth (B) 214 Intl Vitamin(50¢) 61 Inv Royalty (16c) % Iron Fire vtc 1.20 350s 25 Lrving Atr Ch (1) 16 lacohs(FL)Cor1) 15% 18y Jonas & Nbg bi15e. 6% 63 Jones&Lauxh Stl 12257 122 Kan City PSpf A ) Kingston Prod 4iic 6% 614 Kirby Petrol (20c) 5 1% Klein (DE)(11)._ 199 198 Koppers pf (6) 109 109 Lakey Fv & Mach 7% Leh Coal &N 30¢c 104 Leonard 011 15 Lion Of Ref (1)__ 225 Lit Brothers 5% Lockheed Afreraft Lone Star Gas 80¢ Long Island Ltg - Loudon Packing__ La Land (40e) . Lynch Corp (12) _. McWilliams D (43 Majestic Ra&Tel_ Mangel Stores Marton Steam Sh Mass Utfl Associa Massey Harris Master Elec (1) Mead Johnson (13) 5 | Mem Nar Guadoe) Merc Stores (b3)_ Merritt Chap war Merritt C& S pf A Mecahi ron £ Metal Textile 40c_ By private wire direct to the Star. 2:30 Stock and Bales— Dividend Rate. Add 00. Hizh. Low. Close. Acme W vto (2) 1008 48 473 & AeroSupply A1% 1 23 23 Aaro Supply (B) 9 8% 5% Afnsw'th MChb25c 8 18% 17 Afr InvestorsInc. 1 4} 4% Afrinvincwar . 1 1 1 Alr Investcvpf__. 1 30 293 Ala Pwr pf (8) 10s 69 69 Alabam Pw of (7) 20s 79% 79 Alum’'n Coof Am 5509163} 1674 Alum Am pfalls 150 117 116% Alumn Goods h25c 2 174 17% Alum'n [nd (40c) KOs 10 10 Aluminum Ltd __ 100 135 135 Am Afrlines Ino.. 2 28 214 AmBox B'od (1) . 9§ 198 1914 Am CP&L ww23, 1 38% 88y Am CItP&L Ba20c 5 6 5% Am Cynam B t60¢ 12 307§ B30 Am G&E (1.40) 3 a1y Am G&E pf (8) 758 1091% Am Gen C'n (a50e) 1 11 AmInvofTll (2)_. 1 364 Am Laun'y M 80c. 1 3815 AmL&T (t120). 3 21§ AmL&Tpf (13%)_ 6 Am Mfg Co (a3) 400s Am Maracathe 51 Am Meter (h75¢) . 2 Am Pneu Service 1 Am Superpower 20 Am Superpw 1st 8 Am Superpwr nf Am Thread pf 25¢. Anchor Post I Angostura (+20c) High, Low. Close. 16% 16% 16% 503 2004 23 4 print 39% 26 46 b 24%4 15% 3 3 20 34 61 % 19% Apex Electricial) 109 Appalach E P pf 7 Arcturus Radio T Ark Nat Gas Ark NatGcunt _ Atk Nat Gan (A). Art Met W (80¢) Ashland O&R t40c Ass0 Gas & Elee AsSOG& E (A) _. A8sSo G & E $5 vf . At] Coast Fisher Atl Coast La2% . 1008 Atlas Corp war 30 Atlas Plyw'd (1% = Austin Stlver Auto Products Anto Vet Meh S0c 2 Axton isher (A) 2408 Rahcox & Wil (4) 50s Raldw L hd rrecd) 20 Bardstown Dist 1 Rarium Stain 8ti 2 Rarlow&S(A)1.20 1008 Bell Afreraft Rellanca Afreraft 7 104 5 0 534 13% 1y 5 5 123§ 3934 823 4 4 1914 3 4 17 1 2 25 613 134 THE EVENING STAR \VASHI NGTON 22l | UNION CARBIDE EARNINGS CLIMB 1936 Net at $36,852,208, Against $27,254,249 in Previous Year. BY the Associated Press. NEW YORK, March 25—Union Carbide & Carbon Corp. in annual report for 1936 showed net income of $36,852,208, equal to $4.09 a share of capital stock. This compared with $27,254,249, or $3.02 a share, in 1935, The company profits in 1929 were $35,427,025. International Mining. International Mining Corp. reported net asset value of $9,657,124 as of De- cember 31, or approximately $17.31 a share of common stock. Company was organized in October, 1936, taking over assets of corporation bearing same name organized in 1929. Net earn- ings for 1936 were $483,679, including $136,142 profit from investment trans- actions, Lehigh Valley. Lehigh Valley Railroad Co. in its pamphlet report for 1936 showed net income of $1,323,824, equal to $1.09 & share on common stock. For the pre= D. C, THURSDAY, MARCH 25, 1937. Spread Between the Bid and Ask Price for New York Stock Exchange Stocks Number of Stocks with Specified Spread Between Bid and Asked Price at the Close of & Typical Day (March 10, 1937) FINANCIA L e e A—-23 NUMBER OF STOCKS 200 NPT % 3 S 3 4 4 2.6l BlG GAINS SEEN INCONSTRUCTION Private Awards for Week Nearly Double Same Period in 19386. BY the Associated Press. NEW YORK, March 25.—Spring building expansion was evident today in sharp gains in private engineering | construction awards reported by En- gineering News-Record Private construction, the trade publication reported, for the week end- ed Tuesday more than doubled the | comparable period last year. Awards totaled $49.006,000. the sec- ond highest figure this year, com= pared with $34.569,000 the precedinz week and $32,611,000 in the 1936 | week. Private awards amounted to $25- | 698,000, against $17,925,000 the week | before and $11,385,000 in the 1936 | period. Public awards accounted for | $23,308,000, against $16,644.000 the | previous week and $21,226,000 in the 1936 week. Large apartment and air-condition- ng contracts helped raise commercial vious year company reported a deficit of $1,943,801. Gross revenues amount- ed to $49,156,379, an increase of 21| Waslnngton Exchange per cent compared with 1935. Ex- penses amounted to $35,247,646, an BALESS increase of 10 per cent over previous | Washington Railway & Electric pfd.— year. Company's operating revenue | 5 at 109. was 72 per cent, the lowest since 1916. Wnfld“ard‘ & Lothrop pfd.—10sat 120, Air Reduction Co. Pelc‘:)l:: l])roun Stores pfd—10 at 115 Air Reduction Co. reported for 1936 é i net earnings, after depreciation and AFTER CALL. all other operating reserves, including | Washington Railway & Electric pfd.— Federal taxes and surtax on undis- 10 at 108. “‘T s compares Wwith $5,292,866 for tributed profits, of $7,064,553, equal G & | to $2.79 a share on the capital stock. Bid .ndBfA);flkl;g Prices. PUBLIC UTILITY Eastman Kodak. Amer. Tel. & Tel Kodak Co. of Rochester, | Anacostia & Pot Ana & Por Guar & P_Tel of Va. 5s &t Fraction R°R 1935. | Asked 4128 | sastman 55 | N. Y. reported consolidated profits | 383. Jones & Laughlin Reports Profits at $4.129.600 Level BY the Associated Press. PITTSBURGH, March 25.—The $220,000,000 Jones & Laughlin Steel | Corp. reported net profits of $4,129,- 600.35 for 1936 from gross sales and earnings of $94,406,000. In 1935 the corporation had a net loss of $398,715 and sales of $63,551,~ Operations increased from 44 per cent of capacity in 1935 to 65 per cent; VIRGINIA TOBACCO AGREAGE TO RISE | Total Will Be Largest Since 1931 if Intentions Are Carried Out. BY the Associated Press. RICHMOND, Va, March 25 —Acre- | | age planted in Virginia tobacco tais | building awards to the highest since | last September. | New capital raised for cons amounted to $29.031,000, of $24,990,000 was obtained throug | porate securities and the rest on State and municipal bonds. truction which cor- | SHORT-TERM SECURITIES. D. Baruey & Co) Bid. O l (Reported by Cha 191 Aemr. Tel. & Tel. 5!, urn Auto Co. 4% f. Packing Corp. 5 113 Edison Elec Illun (r,m»m. Pub_ S employes from 24.244 to 29,212; the | year wil| be the largest since 1931, 'f pay roll from $32300,000 to $45.559,- | | present intentions are carried out 1 000, and taxes from $2,800,000 to $3.- | Henry M. Taylor, Federal State agri- | 945,000 | cultural statistician, said i Berkey&Gay F Co | Rerk&GF pur war Bickfords Inc 1.20 Bliss Co (E W) "’\fm' 1936 of $18.906.371, equal after a1y | dividends on preferred stock to $8.23 15% |a share of common. This compared | Mich B e Mich Gas & 011 Mich St1 T P b2se City & Suburban s Georgetown_Gas ‘.“ 58" 101 10034 100 ey e ;n«il’w & L ver P * Mont-Da P New S s N'Y Cent E 5! NYP L4 NYSE& NoInd P S NoInd P 8 NoInd P 8 4 Ohio Power 4‘4$ Ohio Pub S fis | <Qnio Bb § 51 28 ¥ 2 1084 1 10175 10175 1017 R0 " sn " R0 811 811y 95 ° 95 5 A 1047 10455 1043 9712 9712 97'2 uen uen A P B Mendoz P 4s Fied Fl 6l o A A T taa Corn f1o8 41 ww—With “mrunn xw—Without ranis. n—New stp)—Stamped IRegoliability tmpaied by matarits tCompanies reported in receivershin. war- | INVESTING COMPANIES NEW YORK. March 25 (#).—New York Becurity Dealers’ Association: (Noon quotations.) Admin Fd 2nd Inc Am Business Shrs Am Gen Ea Inc Am Ins Stocks Rancamer Blair Bank Group Shrs Bankers Nat Inv Corp Basic Industry Cumulative epos Bk Sh N ¢ Depos Ins Shrs epos Ins Shr "B wersified Tr C ividend_Shrs quity Corp pt Fidelity Pund Inc First Boston Corp Fixed Trust 8h_A_ Fixed Trust Sh B _ Found Tr Sh A Fund” Investors Ine” Fund Tr Shrs Fund _Tr shrs B Gen_Investors Tr S Sec_ Agriculture” Automobile Group Group Sec Invest Shrs Gioup Sec Merchandise Group Sec Mining Group Sec Petroleum _ Group Equip Group Sec Steel Group Sec Tabacco uron Holding ncorp Investors Insurance Groun, Sh shu 2 nvestors Keyston cust Fund B-3 Lwishi iaam jsm apanE W3R G Belected Am Sh Selected Am Bh Inc Selected Curhul 8h Super of Am Tr A Buper of Am Tr B Bk * Trusteed Industry Shrs Wellingion' Fund. A | Dayton Rub A(hZ)lDD- | Pri Corn nf | Rurm | Cent Ohio S b25c | Cent States Elec | Chi Rivet & Mach | Chief Consal | Club Aluminum __ | Cons Gas Util ws ;| Consol ey Mich Sugar | Mid Sta Pet (A) | M1d Sta Pet (B) | Mid-W Abrasal0c Midwest Oil (11) | Molvbdenum ‘orp | Montr HLt&P 134 1008 | Moody’s pt pf (3) 4| Mount Prod (60c) Nat Bakting Co Nat Bella Hess Nat Contain a50e_ Nat Gyps A a2l i Nat Leather 17 at P& Lt of (6) 100« at Rub Mch a20c 8 Blue Ridge C al0c 1% Blumentha! 8 Bohack HC 1st nf Bower Ro!l B (2) Rowman- Riltmore Bowmn-Rilt 1t pf100, Rraz{) TL&P 40c Brid'p’'t Mch b2ie Brill Corp (A) Brill Corp (B) - Br Am Oil eou (1) Rrown F&W blbe Buckeve P L (4) 508 Ruff Niac&E 1at 5 1508 IIH Bunker H & S(b1) 1508 (a5 4-5¢) Burrv Biscuit “able & Wire(B) Can Hvdr E 1st of Can (ndus Aleo A “arib Svndicate Carnation Co (1)_ Carnegie Metals__ Carrfer Cory - Carter (JW) 80c_. Casco Prod b2% _ 201 Cat!lin Corn (adie) a Cellul'd C1st pf a8 £0s 103l Cen Hud G&E f0c 1 164 4 184 Cen P&L nf 306% 560 Y14 Cent & S W 11t{) 11 87 17 1508 204 Nat Union Radio.. Neht Corp | New Hav Cl (1%) New Jer Zinc (12) 100s Newmont Min b75¢ N'Y & Hon (b75¢). N Y Steam N Y Tel pf (6%) Y Water Sve pt Niag Hud Pwr new Niag ! P(A) war Niag Sh Md B a60c 194 | Niles Bm Pnd bioe “” 4| Nipissing (50¢) ¥ | Noma (b40c) Nortn Am L & F | North AmML&P pf No Am Ray A b30c No Am Ray B bilc Thoe o ran o) Ind PSpfat'y Northern P L ¢ Norih States P A 1 Novadel Agene(2) 1 Ohio Brass B (t1) b0s 75 |Ohlo Pwrpf (6) - 10s 1214 | Okla Nat GasCo_. 2 | Oldetvme Distil 3 Overseas Sec 60c_ St (1) Dt 1.37% Pac Tin spec (12) 2508 Pac Public Service | Pan-Am Air (11) Pantepec O1] Param’t Motors__ | Parker Pen (2) % | Pennroad (a25e) 283, | Penna P&L nf (7) 2934 | Penna Salt (b11) o | Penn War& P (4) 77% | Perfect Circle t2_ Phila EP pf (5)__ { Phocnty Secur Pierce Gov (b15c) | Pines Wintfrt(n) Pioneer Gold b10c. | Pitney Bow(t40c) Pittsbeh Forging Pitts Plate G (b1) Pleas Vall W (b5c) Potrero Sugar Powdrell&Al t60c Premier Gold *120 214 | Pressed Met (12)_ 1314 | Producers Corp . 41 | Propper-McC (d)_ Prosperity Bal% Prudent’l Inv a50c Pub Sve Ind pt Pub Sve Ind pr ot 10s Pub Sv Okla pl(6) Z0s | Puget Sd P&L pt 51758 | Pug Sd P& 86 ot 50» 1 1 508 10 508 258 1 1116 AR 103% 1614 17% 2044 ‘ "s | 2 di Cent St E1 6% pf 200 Centrif Pipe t40e 1 5l Chesebrouch (t4) F0s Chi Flex Shaft (4)100s 1 4 108 2 8814 1044 | 28 314 | 5 BLISY 110% 11014 1% 12 a9, 5 10 10 2914 2974 26% 264 1005 304 31 5815 1105 12 5 10 2974 264 50 63 6815 61, Cities Service Citles Service nf Cit Sve P&L $6 pf 12“ Cit Sve P&L $7 pf 608 City Auto S(t60c) 1 Claude Neon Lts . Clinchfield Coal 5015 6 = 2 7 Colon Dav Ltd 1 Colon Dev Itd A Colo Frel&1r war Colts PFA b3715¢c Colum O & G a20c Co'with Dist al0c Comwlth Edis t4 Com'with & 8 war Community PS t1 50 Cons Afrcraft Consol Conper C GELt&P Bo 3.60 Consol Gas Util 1 1 26 5 1081 108% 1723 172 8315 831 33)4 33 s 1 m': 10 203 6 1 1 1 0 5 7 0 1 1 5 . 10884 1724 8344 3314 114 1014 2914 214 (3% 814 243 139 174 8. 1014 34 33 6 12 . 1 1 A1) Stra 11 Cons RS 8% pf b4 108 Consol Steel Corp 43 Cont'l Roll & SFy 1 Cooper Bessemer_ 1 Cord Corp 2 Cosden Of] Mo (d) 10 Creole Pe” (a50c). 9 Crocker-Wh al0c. 7 Croft Brewing 18 Crown Cent P abe 8 Crown C I(A)bi0e 1 Crown Dr (b20¢).. 1 Cusi Mex Mining 47 Darbv Petr (60¢). 2 Dayton Rubber 608 Derby Ol1 & Re? Detroit Gasket t1. Det Gas pf (1.20) - Det Gray Ir t20c . Det Pap Prod 125¢ Det Stl Prod b25 Det (Mich) Stov Distill Ltd b27c__. Domin S&C (B) Draper C (12.40) Driver Harris 114 Duke Power (3) Duro Test (b10c) - Eagle Pitcher bl0c 7 East'n G&F Asso 9 Estn G&F As pf 3 2508 Bast G&F p of 4% 26 East Mall Ir a1.30 768 East'n St Pw (A) 1 Easy W M(B)b2ic Elec Bond & Shcre Elec B& S pf (5)_ Elec B & S pf (8) El Pwr As(A)a25e Elec P&L opt war Elec Shareholding Emp G&F 6% vf 50 Emp G&F 7% of 30 Emp Pwr pt a1.80 508 Emsco Derrick t1 1 Equity Corp(a2be) 22 Evans Wall Lead 13 Bxcello Air(b20c) 4 Fairchild Av albsc. Falstaft Brewing. Fansteel Metal Ferro Enam rights Fidelio Brewerv First NS 1stpf 7. Fisk Rubber FlaP&Lpt Ford Ltd a181-10c Ford (Can) A (1). Ford (France) Froedt G&M (20 Gen alloys Gen Fireprfg b25c Gen Invest Cort Gen Ou Ad pf b1} Gen Tele C'p al1.35 Gen Tire & Rub Gen T&R pf A (6) Gilbert(AC)pf 3% Glen Alden C (t1) Godchaux 8§ A b2 Godchaux SugB) Goldfield Consol Gorham Mf vte t1 Grand Nat) Filma Gr Rap Var(t60c) Grt A&PTn v 16 Great Nor Pap t1_ Greentield T & D* Groe Store Prod . Guardian Invest Gulf Oil (Pa) b26e Hall Lamp (30c) Harvard Brewery. Hat Corp (B) 80c.. 121 % 40 1y Rainbow Lum (B) Raym'd Cone (1) Reed K B new 130« Reeves (Dan) 50c. Refter-Foster Reybarn Co a25c.. Reynolds Invest _ Richm’d Radiator Root Petrolm(1) _. Rossia Intl Corp Russeks F Av 50a. Rustless Ir&St! Ryan Consolid’d Rverson & Haynes Saf Car HELt b1% 508 St Anthonv Gold 15 St Lawrence C pf_ 126s St Regis Paper 71 Scovill Mfg (b50c) 508 Scrant S B Wat pf 25s Secur Corp Gen Segal Lock & H. Selby Shoe (2) _. Selected [ndus Sel [nd all ¢ Sel Ind pr pf 153 )500s Seversky Afrcraft 3 Shattuck Den Min 12 Sherwin Will (4)_100s Simmons H4 & P Solar Mfg (a40c) Sonotone C (a10e) Soss Mfg (a26c) .. SoCal Ed pf B 1% SoCalEdpfC 1% Southn Union Gas Southl'd Roy bl0c Southwest P L(2) Spanish&Gen rcts Spen Chain 8t 60c Square D pf A 2.20 Stand Of1 Ky (t1) Std Oil Neb (a25¢) Stand Ofl Ohio t1 Stand Of1 Oh pf 6. Stand Pwr & Lt Stand Prod (b25¢) Stand Bi1&L4 (4c) Sterchi Bros as0e Steri Alum Pa T6¢ Sterl'g Brew a75c. Sterling, Inc(20c) Stetson (JB)b50c- Stinnes(Hugo) d.. Stutz Motor Sun Ray Dr t80c._. Sunray Oil (alve) Sunr'y O cu pf 3% Sunshine Min (3} Superior Port C B Swan Finch Taggart Corp Taylor Dist (306). 6 | Technicolor ab0e_ 214 | Tech Hughes t40c 13}4 | Texon Ofl & L 60c. 1 108 1 268 4 9634 514 21% 214 1423 12y 1 6 5% 1 6% 614 1 147 1% 2 7% T4 2 100 113 100- . 258 9 2] 10 1 1 200 50e Hazeltine (b76¢)-. 163 | Thew Shovel as0c 178 54 | 11y s 1 mon. 1284 | | tember 1 to March 13, totaled $766,031 | %! % | consumption during the week ended % | with 1835 consolidated net profits of | $15,913,251 of $6.90 & share of com- | WAsN Rwy. & Elec. 45 MISCELLANEOUS. Col, Country Club 5'28 | W.'M. Cold Storse 55 STOCKS. PUBLIC UTILITY. Amer. Tel & Tel (%) Capital Traction Co. N & W Steampoat (6) Pot. Elec_Pow. 6 Pot El. P. 3 compared with §540,014 the corre-w‘\n‘\ sponding period of the previous year. | e | This was equivalent, after require- ments on preferred stock, to $1.33 a | Ar I of outstanding common stock, effect to the two-for-one Masonite Corp. | CHICAGO, March 25 () —Ma- sonite Corp. reported net profit for 7 periods or 28 weeks of the com- pany’s 13-period fiscal year, Sep- Ry, 10R1; 109% BANK AND 1Rbs’l‘ COMPANY . Sec_ & Tr. Co. (e¥) 200 Bank of Bethesda 5) 3 Capital (41 Com Libe: 505 giving s (10) sphtup. General Finance Corp. General Finance Corp. reported net Rless vfa (5) income for the first quarter of 1S | \washington (6) fiscal year, ending February 28, totaled | Wash. Loan & Tr. (e%) __ $128.213, compared with $73,230 the Sl B corresponding period a year ago. This 100 was equal to more than 16 cents a P s 28 National Union' (.60) i8 | share of common stock outstanding TITLE msmkcz compared with 11'3 cents & share 8 ¢, jumbia (30 year ago. | Real Estate (6) 150 MX§CELLANI:005 FEDERAL MINING VOTES Carpel Corp. 00 CLEARING OF ARREARS Lanston Mono! | Mergenthaler Peoples Dr Peoples Dr | BY the Associated Press. NEW YORK. March 25—Directors of Federal Mining & Smelting Co. today declared a dividend of $29.75 on the preferred stock, payable April | | 10 to stock of record April 6. A state- L ment accompanying the authoriza- | tion said this payment would clear up lall arrears. A dividend of $10.50 a | share was paid last December 22. & T>u<( o 15 1.60) q & Loth. com. (1 Wdwd. & Loth. pfa. *Ex dividend. TPlus extras. c pud June 30 1036: 48¢ paid 1 INSURANCE STOCKS NEW YORK March —New York curily Dealers Assoc IMPORTS OF CANADIAN |2 WHEAT GAIN SHARPLY I3 5 the Associated Press. Imports of wheat from Canada for Asked | March 20 were 272,000 bushels, the | | Commerce Department said, compared | with 236,000 bushels in the previous week and 196.000 bushels in the same week last year. ty of Conn Gen Life -m Contin_Cas (1 | INTEREST TO BE PAID. NEW YORK, March 25 (#)—Inter- | Bar national Hydro-electric System ad- | vised the New York Stock Exchange | that the April 1 interest on its 6 per cent debentures, due in 1944, would be paid in regular course. | Home Ins (la)- Homestead (1)_ Lincoln Fire . Mass Bond ( | Natl Fire (2) =~ | Natl Liberty (.20a N Hampshire (1.60) N Y Fire (.80a) Nor River ( 458) Bhoenjx (3a) Prov Wash (1) St Paul Pire (1 Springfield (413 Sun Life (334 Travelers (16) RAILWAY INCOME. NEW YORK. March 25 (# -—Net oper- ating income (before fixed charges and other income) of railroads reporting today for February included i a Also extra or extrs & Declared or u-:d s0 far this vear. CHICAGO I.IVE STOCK. CHICAGO. March 25 ( (United States Department of Agriculture).—Hogs, 1 ceints, 7.000. including 2.000" direct: m, ket active, 10 to 15 higher than Wedne: day's average: top. 10.60, paid for several 340 pound averages: most G.. Mob. & Nor Tllinois Central Norfolk Sthn Northern Pacifie Southern Rwy Wabash Rwy “Deficit. 10.50: pigs scarce: packing sows generally 10 higher: bulk. 9.65a0.90. Cattle, '9.000 5. 1.000: shippers and order buyers active, buving strictly ®0od and choice steers and yearlings: com- parable grade cows and all grades heifers: general trade strong to 25 higher. weighty steers and heifers showing most advance; best "1,371-pound steers, : strictly prime offerings absent: several loads. 14.00 5.00. highly finished vearlings absent bulk medium to good grade stockers and Stock and Bales— Dividend Rate Add 00. Tilo Roof Ine (1) I'r-Lux DPS t20c. Tri-Contl C war _ Tubize Chatillion. Tubize Ch A (b1)- fung-Sol Lamp n_ Tung-Sol L pf 80c. Twin-Coach a1.40. Ulen & Co 5% pf.. Unexcelled Mfg -. Un G of Canalbc_ Unit Gas Corp Utd Gas war Unijted G C pf b1% Unit Lt & Pw (A) Unit Lt & Pw pf _ Unit Prof Sh al0e. Unit Shipyds B High. Low. Close. 113 17 1% 4 4% 4% 2% 2% 2% 28l 261 28§ 7034 6934 854 8% 1 1 2434 24 (3% b 2% 2% 14% 13%4 1% 1% 3 feeders strong to scarce. Heifers arou medium grade at i cutter cows. 5.40 down to 4.00. ucmdmx to weight and sai bulls” up_to 7 . very scarce; R.5080. 0.0 Sheep: 5000, ineluding 1:000 direct: fat tamb supply practically all Colorado wooled lambs: very little early trading: indica- tions unevenly higher or around 12.25 or better for best kind; fat sheep strong. FOREIGN EXCHANGES. NEW YORK, March 25 (P .—Foreign exthange oiad; Oress. Biltain o coltars: others in cents. Great Britain demand, 4.8812; cables. 4.8812: 60-day bills, 4.87 ! . “demand, 4.501: cahlex 4.59/%: nd_ 8:2604: "cables. 52614 B, To3: “Germany, 1easlmzd. 3 115 % 534 U 8 Fotl (B) (1) U S Linespf . U S Radiator U S Rub Reclaim_ U S Stores Unit Verde Ex (1) Unit Wall Paper Utllities P& L (4) Utl P& L pf (d) Utility Equities Utllity Eq pf b4 Utilities Indust’l. Utllity & Indus pt Valspar vte Valspar pf vtc Venezuela Mex O. Venezuela Petrol Wagner Bak b40c_ Walker Mining Wayne Knit Mills. Wayne Pump (500 Well't'n Oil of Del Wentw'h Mf +1.20 West Tex Ut pf(8) W Va Coal & Coke Westn A E (a25c) Westn Tab&St(2) Wolver Tube b20c. ‘Woodley Pet t40c Wrikht Hare 140 Ygstn Stl Door(2) kg kid Yukon Gold(al3c) ‘ 8% Dividend rates in dollars based on last quarterly or semi-annual payment. tAn- nual rate—not including_ extras = IAc- cumulated dividends. & Paid last yea b Paid this vear. dCompanies reported being in bankruptcy or in receivership, Deine Teorganized under.the bankruptcy or securities assumed by such com- 2008 2 508 3 2 Argentina. 32.56) kio. 28.51: Shanghai. 20.83 3042: Mexico City, 27.80; in New York. 100.15%: New 09.84%, 434 | R.80Y 381 Honekong. SK Montreal York in Montreal. n—Nominal. BOSTON WOOL MARKET. March 25 (@ _(U. 8. Depart- " Agriculture) —Scattered sales were closed on & number of fine domestic and foreign spot wool lines today. Fine merino Austrian wool. suttable for topmakers, received a fair ‘call at firm prices. Graded 12-month Texas wools and fine territory wools of French combing lengthe sold at around $1.05-08. scoured basis. for spot supplies Pre-shearing contracts for fine territory wools and average h moved around $1.00-02. sc i though some houses were not willing to sell freely at this range. % - METAL MARXET el 3 8t. Louis. spot and future. 7.50. aluminum, antimony, qulcklllv!r. nlmnum and wolframite unchanged The 1936 flood cost the company £936,000. ‘ District of Columbia—Light rain, possibly changing to snow flurries with a cold wave to night; tomorrow fair ! and colder; lowest temperature tonight about 26 degrees; fresh northerly | winds, diminishing by tomorrow. Maryland — Light rain, possibly | changing to snow flurries in east, and light rain, changing to snow in wes: portions tonight; cold wave in north | and central portions tonight; tomor- | row generally fair and colder. Virginia—Mostly cloudy and much colder, possibly light rain in south and central portions, and light rain, probably changing to snow flurries, with a cold wave in extreme north | portion tonight; tomorrow generally | fair and colder; much colder in south portion. West, Virginia—Light rain, changing to snow, with a cold wave tonight: to- morrow generally fair and colder. River Report. Potomac River little muddy and Shenandoah clear today. Report for Last 21 Hours. Temperature. Barometer. | Yesterday— Desrees. T | 4pm rday noon to noon today.) at today. Year . 51, at 10 pm. vesterday. Year Record Temperatures This Year. Highest on_Janu 0 Lowest. 1%, on February 28 Humidity for Last 24 Hours (From noon yesterday to noon today.) Highest, 85 per cent. at today Lowest, 49 per cent, at terday. | Tide Tables. (Furnished by United States Coast and Geodetic Survey.) od: Tomorrow. a.m. am. 50 pm 331 p.m. 850 =TT TR 1145 The Sun and | Sun, today | Sun’ tomorrow ¥ Moon.” today bpm. 5:02am. Automobile lights TsCbe tirned Galoass half hour after sunset i | Precipitation. Monthly precipitation in inches in the | Capital (current month to date December Weather in \«anous Citles. Stations. Abilene Tex Albany. N. ¥ Atlanta. Ga._ Atlantic City~~~ Baltimore. Md. Birmingham Bismarck. N Boston. Mass. {Buffalo N.Y | Charleston 'SC. Chicago. IIl._ Gincinnati Cleveland Columbia_§°C Denver. Colo. Detroit, Mich El Paso. Tex._ Galveston’ Tex._ Helena. Mont Huron 'S Dak. Indianapolis — Jacksonville Pmlndelbhla Phoenix _Ari; Pittsburgh Portland. Me. FOREIGN STATIONS. Greenwich time, today.) Temperature. Weather. Cloudy (Noon, G Horts (r.y.n Azl T&Urrent cbservations.) St._Georges. Bermud; 88 San Juan, Puerto Rico. 7% Havana, Cuba, 73 Colon. Canal Zone. U. S. TREASURY NOTES. (Reported by Chas. D. a-ma & Co.) Foxgy Cloudy THE WEATHER | | am | 1:30 p.m. ves- Cl Cloudy Reports from farmers indicated a 13 per cent expansicn of both tobacco and potato acreage compared with 1936. and increeses in most other Virginia crops. The total indicated tobacco acreage is 148,800 acres, the largest since 151.- 100 acres were harvested six years ago Taylor said the largest increases were planned in the burley and sun- | cured types, both of which show 30 | per cent expansions over last year. The intended burley acreage of 11,000 exceeds 1936 by 2,500 acres and repre- sents the largest acreage of this type since 1933, when 13000 acres wer2 harvested The sun-cured plant s ex- | pected to cover 4,600 acres, as againct 3,500 last year and 5,000 in 1931 Flue-cured acreage was gauged at 106,000 acres, a 12 per cent increase over 1936 and the largest since 140.000 acres harvested in 1930. Growers indicated they would plant about 27.200 acres in flue-cured, a 10 per cent jump that will bring the acre- age to the largest total since 1933. SAFETY | MONEY BUILDING REFINANCING o TERMS AS LOW AS $1.50 PER $1,000 PER MONTH PRUDENTIAL | BUILDING ASSOCIATION | 1331 @ St. N.W. i suite 30456 Dist. 6270 | : INVESTMENT ACCOUNT MANAGEMENT careful and periodic e New Yoax Srock Excmawcs Niw Yoax Corrow Excmawos N.Y. Cuns Excuance (Amoc.) New Yoax Propucs Ezcrawos New York Baltimore Monthly $6.60 on pay off loan ® Amount ® Valuable leges. Other plans mortgage 1001 Eifteenth St. This firm has always emphasized the importance of accounts. | Those interested are cordially invited to make use of our Investment Research Department. AUCHINCLOSS, PARKER & REDPATH 719 Fifteenth Street, Washington Members LONG TERM Mortgage Loans | American Union lmurance Company of New York » Total admitted ascers S LIABILITIES Net unpaid claims Total ed prem paid SiPoits bver al. nabilities Nt BREMIUMS Wi TTEN DURING | THE YE explosion J_H. M "owmrx TR FLETCHER Sec Subscribed and, o rua WALTER ' P CELTER. Notars xamination of investment « Cwicaco Boann or Taans Cwicaco Mexcanriie Excnanos Comwmoniry Escuawce, Iwc. Wasminoren Srocx Eicuawas Wilkes-Barre Philadelphia 5% = Payments of each $1,000 borrowed, include interest and in 20 years. ® Interest charged only on unpaid balance of principal. loaned—up to 6624 % of appraised value. prepayment privi- of financing first loans available RUST COMPANY NAtional 8100