Evening Star Newspaper, March 27, 1937, Page 10

FINANC.IAT FINANCIAL Fa SATURDAY, MARCH 27, 1937. POTONAC POWER THE EVENING STAR, WASHINGTON, D. C, Sy TRANSACTIONS ON THE NEW YORK STOCK EXCHANGEWR[ND IS MIXED Net Close. chge, 41 Prev 1937 Stock and Sales— Low Dividend Rate. Add 00, 34 Newport Ind(bb0c) - ) Prev 1037 High. Low. 60 44% Stock and Sales— Net Dividend Rate. Add 00. High. Low, Close. chge. Stand Oil Ind (1) 4 By Private Wire Direct to The Star. Stock and Sales— Net High. Low. Dividend Rate. Add 00. High. Low. Close. chge. Prey 1937 Stock and Sales— High. Low. Dividend Rate. Add 00. High, Low, 45% 381 Elec Auto Lt 12.40 2 4 4 Low. cwe Prev 1937 High ke INCOME MOUNTS February Net Earnings of | $422,902 Show Gain of 129, Over 1936. BY EDWARD C. ‘Total net earni of the Elec Power Co. it amounted to $422.902 with $377,041.12, an increase of $45.- 861.75, or 12 per cent, to the monthly statement filed with the Public Utilities Commission. Operating revealed sub- stantial vith a total | of $1.2 3 increase of $56,- 923,85, or 5 per cent. Operating ex- penses ¢ for $711,830.44, a rise in operating of $23.922.86, or | 348 per c¢ left February | net operating revenues at $501,083.14, a gain of 99, or 7.05 per cent. | February gross stood at $508. 13, a gain of more than $32.000. or 6.77 per cent. Usual interest and other deductions from gross required $85,- 890.26, leaving the above stated sub- stantial upswing in net earning The Potomac Electric Power re- ported total net income for the fil'fl‘ two months of the present year as t $822,347.42 , 1936, a gain of $113,323.36, or 13.78 per cent. Capital Transit Cuts Losses. STONE. | Potomac | February | costs The Capital Transit Co.s Febru- ary statement filed with the Public Utilities Commission, revealed sub- stantial improvement during the month. While the net income figures were in the red, the company made & notable redu in the losses. Operating rev climbed to $831,766.20, an ease of $42,258.90, or 5.4 per ce rating expenses took $657,994.65, operating costs being lowered by 019.56 durir lh(‘l month. 353.17, up | $5,371.9 Y whilk preciation amoun m $90,675 $8,370.09 higher an & rise of 10 per cent ‘Total operati T depreciation amoun which was a decrease of leaving a total income f of $27,743.33, up $456 tions from gross reg against $53,851.12 a ve a net income in the red of $2 24,318.95, as compared with much larger | deficit a year ago of $67,251.13, thei difference being $42.9: . or an im- | provement of 63 per cent. Revenue | passengers in February n mbe:’ed‘; 12,756,655, a drop from I year DI" 114,483, In the fi ‘Transit’s net income pr cit of $20,245.22, a year ago of $79,047.88, ax ment in earning of $58802.66 or T4 per cent. Operating revenues to-| taled $1,727,250.97 in comparison with | $1,623,524.53, an advance of $103,- | 726.44 and a 6.4 per cent gain. The total of 26,377,110 revenue passengers was 123,123 more than were carried in the like period a year ago, the | report diseloses. | Willis Given Trust Duties. Directors of the National Metropoli- | tan Bank at their Mar meeting | elected Stanley D. Willis an assistant | trust officer, President George W.| ‘White announces. Born in Washing- ton December 17, 1888, Mr. Willis was | educated in the grade and high schools | here. He took his lav degree at the Georgetown Law School, class of 1910, and has been active in the practice of law since that time | He was formerly a partner of Jack- son H. Ralston and has been con- nected with the Metropolitan Bank for about 15 years. A member and past president of the Manor Country Club, he is also a member of the; Washington Board of Trau., Society ©of Natives, District of Columbia and American Bar Associations and secre- tary and director of the Fussell-Young Ice Cream Co. 1 Mifflin Blackstone, for the last year sgency manager in this territory for the General American Life Insurance Co., St. Louis, Mo., has been appointed & general agent of the company for ‘Washington and Virginia Before eoming here last year, Mr. Blackstone was in the life insurance business in Baltimore and tsburgh. Prior to entering the business, he managed hotels in Was! , Pittsburgh and Florida Sales Widely Distributea. Although the whoiesaler is usually considered a merc to re- | tailers for resale, his total sales are made i ner, it was revealed report, issued tod Ham L. Aus An analysis ments shows 1 sales distributed cent to retailers cent to household const 29.8 per cent to indust mer cent to o per cent to e countries These figures are ho 1935 operations of 79.9 all wholesale establishm United s per cent of Financial l)htrhl (-U\slp The Washington learing House reports total cleari f $22,966,945 .87 | for the week ended March 24, which compares with $18144,487.22 for the corresponding period last r. an increase of 26 per cent. Compared with a total of .011,160.84 for previous week, clearings decreased 17.6 per cent. Easter trade the district is winding up in a blaze of | glory, judging by the crowds in the | stores and comments from merchants. | The past few days have been nearly | perfect for shopping ubstantial im- | provement over last year assured | for the Easter period ! Dollar value of sales on all registered | exchanges in February was slightly | higher than in the preceding month | and was the la since the 8. E. C. | began compilation of the figures in October, 1934 Building activit in measured by the vo of permits | issued, was 33 per ce higher than | in January this year and 63 per cent | ahead of February, 1936, Secretary | of Labor Fra ns announced today. Permits in Washington totaled | $7,915,714, against $2.019,521 in Feb- | ruary, 1936 The dollar volume of retail financing | of new passenger automobiles shows an increase of 2 per cent for Feb- ruary, as compared with February, 1936, and an increase of 25 per cent compared with February, 1935 ac- cording to the Department of Com- merce. to es, taxes nnd‘, d to 5804 022.87, 327750, two, s of 1937 sented a defi- deficit a improve- | local shipping | February, | 5 me 75 TONS OF LEAD SOLD NEW YORK, March (). —The 8t. Joseph Lead Co. reports that 75 tons of pig lead from Southeast Mis- souri mines were sold yesterday at| $6.85 per hundred pounds, St. Louis. | 111 | 101 | 120 55 51 AbbottLab (t1.60). 1 52 801 63% Acme Steel (4) - 7514 22% 15 Adams Exp (a55e) . 20% 36 31% Addressograph (1)- 3218 4% 3 Advance Rumley 3 804 7213 Air Reduction (1)~ 72 14% Alaska Jun (160c) .. 15 3% Alleghany Corp_. 45 4313 Alleg pf ww $30 521x 4115 Alleg Corpprpf ___ 441 361 Alleg Steel (b40c) - 4315 261 Allied Mills (b50c) 26% 1614 Allied Stores (b20c) 18% 81 Allied Strs pf (5) _. 818 631 Allis-Chalm (b50c) - 671 47x Amal Leather ___ T AmAgChmDelbl_. 2 9415 Am Bank Note (11) . 28% 644 1% Am Bra Shrts Ap 15 Am Can (t4) Am Can pf (7). Am Chain & Ca bl. Am Chicle (14) Am Colortype Am Comcl Al ab0c + Am Crys S 1stpf 6 Am Encaustic Am & Foreign Pwr_ 6 : Am Hide & Leather. 11 AmHide& Lpf (3). 1 +Am Home Pri2.40 . 1 Am Ice g 2 AmIce pf (2)___ + Am Mach & F (11) Am Metals Am Power & Light_. AmPw & Ltpf (5).. Am Radiator t60c _ 31 Am Roll Mill 11.20 . 49 Am Safty Raz (12). 1 Am Seating (a2%) - Am Shipbldg (2) __ 10¢ i Am Smelt & Ref(3). 28 Am Smit rts Mar 31. 184 Am Snuff (13) 1 4 Am Steel F (b50c) 9 \m Steel F pf (7). 108 Am Stores (2) - Am Sugar (2) Am Tel & Tel (9) + Am Tobacco (5) 80% Am Tobacco B (5) 2274 Am Water W (80c)_ ¥s Am Woolen 63 Am Woolen pf (b1)- Am Writ Paper (d) Am Writ Pap pf (d) m Zinc & Lead __ Am Zinc & Lipr pf__ Anaconda Cop (1) 4 Anaconda Wire (2) 1 Anchor Cap (60c) - 1 Anchor Cap pf 615__ 508 Armour(I11) bl5e 44 Armour(I1)pf(7) - 1 Armour(Il1)pr pf 6 5 Armstrong Cork(2). 1 Arnold Cnst. bengm 11 Artloom Corp . Asso D G 18t pt(6) . Asso DG 2d pf b1 Atch T &S Fe(a2) . Atch T & S F p£(5) - Atl Coast Line(a1) Atl Refining (1) Atlas Corp (80c) Atlas Corp pf (3) Austin Nichols _ Aviation Corp Del_ Baldwin Loco (d) - Baldwin asd (d) Baltimore & Ohio Baltimore & Oh pf. Barber Co (a75¢) Barker Bros 3arnsdall (1) - Bayuk Cigar 175¢c_ Beatrice Cream 1 25 Bendix Avia(b25¢)_ 20% Beneficial L bi5c _. 73 Bethlehem (all). 18% Beth 5% pf (1) 5813 Bigelow-San b50c 30 Black & Deck b50c.. 22% Blaw Knox (b20c) 28 Bloomingd'le b471zc 33% Boeing Airplane 41 Bohn Alum & B(3) 854 Bon Ami A (4) 41% Bon Ami B b62%c_. 26 Borden Co (1.60) 7214 Borg-Warner (4)_. £14 Boston & Maine 16% Bridgept Brss(60c. 45% Briggs Mg (12)__ 41% Bristol-Myrs 2.40 40 Bklyn-Man Tr (4) 614 Bklyn & Queens 40'; Bklyn Un Gas (3)-. 19'4 Bucyrus-Erie _ 11% Budd (EG) Mfg_ 914 Budd Wheel(a20c) 34% Bullard (b25¢) - 51 Bulova Watch (14)_ 31 Burr Add M (80c) 734 Bush Terminal (d) - 1 Butler Bros (bl5c) - 29% Butler pf (1%2) 5% Butte Cop & Z(asc) - 27 Byers (AM) .. . 27 Byron Jackson 1. 50 Calif Pkg pf (2%) 2% Callahan Zinc-Lead 15 Calumet&Hecla (1) 30% Campbell Wy (1) 27): Canada Dry G Ale__ 14 Canadian Pacific 7 Carriers & Gen(b5c) 8515 Caterpillar Tr (12)_ 26% Celanese (b75¢) - 36 Celotex Corp 76 Celotex Corp pf(5)- 31 Cent Aguire (11%) . 3y Central Foundry . 10% Century R M bl0c__. 67% Cerro de Pasco (4) 16% Certain-teed Prd 3512 Champ Paper (1) 109 Champ Paper pf(6) - 794 Chesapeake Crp(3) - 5814 Ches & Ohio 72.80_ 2% Chi Grt West (d) 13% Chi Gt Wst pf (d) - 2 Chi Mil St P&P (d) - 4% Chi M St P&P pf(d). Ua Chi& N W (d) - 3 “hi Pneumatic Tool % Chi R 1 & Pac (d) . 181 Chicasha Cot Ofl 1215 Childs Co ile Copper (1) rysler (b1%) v Ice & F pf 6% lity Stores 2 Clev El Ilu pf 4% - Cluett Peabody (3)- ca-Cola (12) Colgate-P-P(150c) . Collins & Afk (12) % Colum G & E a40c... 567 Comel Credit (14) 66% Comcl Inv T (14)_ 105 ComeclInv T pfd% .. 21% 18 Comel Solv (160c) 40 Comw & Southern 8l Comw & Sou pf(3) .. Conde Nast Pub____ 36% Congoleum-Nrn(2) 17 Congress Cigar(a2). 18% Conn R&Lpf. ... 108 18% 13% Consol Cigar Lr 197 39% ;(‘nnskdwNY’YZ). 17 105 105 Cons BEANY pf(5)_. 1 1%%, 15% Cons Film pf (a2) 4 91, Cons Laundries._. 7 15% Cons Oil (80¢) .. 31 s Cons Textile (d) .. 2 Ry Cons Coal(Del)vte . 1 Cons Coal Del vtc pf 1308 20% Container Corp 1.20. 27% Contl Baking (A) ... Contl Baking (B)_-. % Contl Can (3) 207 Contl Diamond (2) -. 3¥% Contl nsur (11.60)- 2% Contl Motors 21 29%, 97in 121 10% 10 501y 45 108 4 1 1 5 0 611 621 213 4% 1695 8013 &4 23% 11% TI% 13 13 6 3 2 1 4 2 8 641 854 22% 109 121 100 9T7% 6514 147% 131 981y 120 811 101% 491 333 178, 513 83y 106 18% 7 126 96 81 591 14 1318 98 5 114 T 6914 100% : 441 3015 168, 501 T 16% 17% 9 1 @ B N e L i IR LRS- S XY PR P 9 110% 79 59% 3t lfi 9 105 78 105 113 OR% 191 f9% K04 14 45 19% Corn Ex Bank (s) Corn Prod Ref (13) . Coty Ine - Crane Co am of Wheat(2). 21% Crosley Radio al% - 74% Crown Cork & S(2) . 17 Crown Zell vtc_a._ Crucible Steel - 12% Cuba R R pt 10 Cuban-Am Sugar 174 Curtis Publishing._ 100% Curtis Pub pf (7) 613 Curtis Wright 1914 Curtis W(A) ab0e 16 Davesa Stores(f1)._. 20% Davega cum pf 1% _ 104% Deere & Co = 91; Deere & Co pf 1.40 Deisel-Wem-G (1)~ 17% Del Lack & West __ Detroit Edison (14). Distil Corp Seag Doehler Die Cast(2) Dome Mines (12)___ 601 Douglas Afrcraft___ Du Pont (b75¢) 175% 159 Eastman Kodak(6). 3702 32 Jaton Mfg (12) 16 117% Eitington-Schild 29 23% El Paso Nat G 1.60-. ~ 6 14% 0% 10914 Ry 23% 18% 24 29 24 146 29 46% 51 5 7% 180'% 156 o 21% 128 2T% 40 46‘/4 2162 2 33 3 14% 2 25 52 5% 20% 32% 3 2% 145 4% 1% 4415 428 264 18% 813 66 % 94 28% 63 1% 108 21 61x 611y 21% 4T 1691 80t 82% 23 115 T1% 1 6% 15% 64 63 85% 22% 109 1215 100 974 6514 141 13 9814 120 81% 1011 49 331 110 79 24 80 195 76 124 11% 17% 101 7 20% 17% 207 124 29%, 238 21% 1270 2% 39% 45% 60% 159% 162 33 14% 24% b2 5% 20% 321 3 T2% 15% 4% 521 44% 42% 2614 183, 813 66% % 941y 28% 64u 13y 109 21 5 61 6214 110% 110% 1101 218, 477 16912 801 +1 —1% +n o =1 g + 14 2 + % +1% +14% 2 155% 1551 155% + 1% 2 831y 834 831 — 1§ 1 101% 101% 101% — 1 + % 3y 411 ?X’n 4312 383 28% 313 16% 26 2513 21 97 19 lllm 79 12414 29% 231 211 12704 27y 40 46 60% 159% 162 33 1434 +1h i + B +1 + % 5% tH ) 4 % b I 14| 2 +1% % % Y% ¥ % I + + o —1% +1% + % + % 15| % | | I | | | | | | | | | 114 16 7% 26% 8 126 111 6 45% 415 10715 104% 189 | 120 | 16% 33 0% B 6% 12% 4074 101 69 46 31y 381y 25 + A 26 109% 107 107 a5 44 150 14% 1 9414 x 12914 121 13% 165% 11115 101 102 111 Elec Auto Lt pf(7) 208 11] & 1115 12 Elec Boat (aflc) - 514 Elec&Mus I (a18c) 21% Elec Pow & Light 514 Elk Horn Cl pf (d) 5512 Endicott-John (3) 108% Endicott-Jhn pf(5) 11 Eng Public Serv 7 uitable Office B ie RR ie R R 1st pf 22 Erie R R 2d pf ans Prod (1) change Buffet Glosees irbanks Co pf irb'ks-Morse (11) jardo Sug Co (b1) deral Lt & Trac _ Fed Min&Sm pf(7) ew Works . d W Sve A “idel Phoenix 1 1.6 Firestone T&R (2 Fircstone pf A (6 “irst Natl Str. 108 30w 105 5t a1y 41 ood Machine (1) Foster-Wheeler ___ Franeisco Sugar ceport Sulph (1)~ briel Co (A) mewell Co r Wood Ge)oas Am Invia7ic) n Baking (160¢)_. Rronze Cable Cable (A) Llectric (bi0c) foods (2) Gas & c(A) Mills pf (6) Motors (b2 Motors pf(5)_ Outdoor Ac Printi Ry Gen Realty & Ut Gen Refract ( Gen Thea g (h Gen Time Inv (1) Gillette S Raz (71) - Gimbel Bros - Gimbel Bros pf(6) Glidden Co (2) Gobel (Adolf Goehel Hlf\\( odr odrich pe (7) jo00dy bote) Gotham Silk Hose__ G anby Cons (new) and Union pe(h1) nite C 1(1) 1t (W) (71.40) Grt Northern pf - Grt Northn Ore (1)~ Green i1 L (41.60) yhound (780¢) Greyhound y juantanamo Sug antanamo pi Gulf Mobile & N pf cel Hall W Hanna (MA) pf( Harb-Walker ( Hayes Body Hecker Prod (60c) Hercules Motor ( Holland Fur(all) Holland Fur pf(5) Hollander & Son( Homestake (71 Houd-Her B ( Houston Oil vic Howe Sound (73) . Hudson M Hupp Mo : [llinois Central Indian § al1)- Indus Rayon (2) . Ingersoll R pf (6)_ Inland Steel (4) .. .. Inspiration Cop Ins Sh Md ct (a20c) Inter Rap Tr vic(d) Intercont] Rubber Interlake Iron Intl Agricultural __ Intl Agricul pr pf__. Intl Bus Mach (76) Intl Harvester( Intl Hydro Intl Mercantile M __. Intl Mining attc)_. Intl Nickel (b50c¢)_ Intl Paper (A)_ Intl Paper (B)_ Inti Paper (C) Intl Paper pt Inti Print Ink (72 108 104 104 20s 1 2 119 Kennecott (f Keystone S&\ S (b30c) H (1.60) ger Groc ( 4 Lambert Co (2) Lee Rubber (5uc) % Leh Port Cmt 11, : Lehizh Valle Lehizh Valley 1t Lehn & Fin Libb Libby s Ligg Lima Locomotive Link Belt (v 4 Liquid Carb ( 2 Loew’s Inc ( 2) 60) arCmtt A) Lone Long Bell Lun Lorillard I’ ( 3 L Loui Lo Ludlum Steel 2 McCall & McCrory raw 1) 312 Mo Mclnt Keesp't Tin 1 MeK & Rob MK Mack T 4 Macy (R H) (12 Manhat Ei gtd (d) (i40c) 908 LRy 2d pf 300% rket StRy prpf 690 all Field 10 sonite (1) 1 Mathieson Alk(13;) 1 : May Dept St (7 3 Maytaz Co (a50c) Melville Shoe (15) Mengzel Co Miami Copper Mid- Midld Stl Prod(r2) Minn-Hon 1os (2) 11 Minn Moline Pow 2 (aiic) 4 Mo Kans & Tex pf A Mo Pacific (d) Mo Pacific pf (d) Mohawk Carp(1.2 Monsanto Cl Montg Ward (72) Morrell J (2.40) 4 Mother Ldea12} Motor Prod (i2) Motor Wheel (1 Mullins B (as0c) Murphy G C (2.60) Murphy G C pt (5) Murray Corptasic) Myers (F ) (b1) Nash Kelv (1) Nashv Chat & tl Acme ( U1 Biscuit (1.60) 991 Natl Bnd&1 pf A(h) 29% Natl Cash ez (1) 23% Natl Dairy Prd 1.20 Natl Dairy pf B (7) 7% Natl Dept Strs pf Natl Distillers(t d (ib0e) A pt B (6) 30% ) St L 29% ) 99%, 11 24 24% 108 1080 1081, 9914 27 33% 144 11% 2 % X 70 62 Natl Supply Co 121% Natl Supply pf as'y 9% Natl Tea (60c) 11% Natomas (180c) 40 N Y Central 51 1% N Y Investors (d) 2 NY NH & 1 (@) 3 16'¢ NY NH & H pf (d) .. 1 29 N Y Omnibus Corp . 2 13% North Am Aviation . North Am Co(b30c) North Am Co pf (3) Northern Pacific __ Norwalk Tire & R_ 174 Ohio Ol (a60c) 18% Omnibus Corp vte 57 Otis Elev (60c) _ Otis Elev pf (6) . Otis Steel 5 Otis Stlevpf (5%) 191 Pac Am Fish (11.20) 29 31'; Pac Gas & Elec (2) - 4 43'3 Pac Lighting (3) 9 143% Pac Tel & Tel (R) 508 140 Pac Tel & T pf (6) 208 221 Pac West Oll(a6ic) 4 1015 Packard Mot (b15c) 51 2% Panhandle P & R Paramount Pic Paramnt 2d pt 60c. 14 9 86 Parke Davis (b1)_ 5% Parmelee Trans K< Pathe Film Corp s Penick & Ford (13) _. 97 Penney J €) (4) 4% Tenn Coal & Coke __ *s T’enn Dixie Cement . 9% Penn Railroad (a2)_ 181y Peoples Ga. i Pere Marquette I'ere Marq pf Yetr Corp Am ad0e Preiffer Brow (1.20) Phelps Dodge b Phila Co 6% pt (3)- Phila Co pf(6)new Phila Rap Tr (d) : T'hila & Read C & T T'hilip Morris (b33 ) Thillips Petrol Thoenix Hosiery Pierce Oil pf Pittsburgh Coal pt Pitts Serew&B bloe Pitts Steel Pitts United ___ 2 Pitts & W Va 10s Plymouth Oil (11)_. 20 Poor & Co (B) 5. Postal Tel&C pf(d)_ Tressed SteelCar . 3 Troctor & Gam (12) - : Proc & Gamb pf(5). 20s e NJ (2.60). 6 NJIpf(6)_. 1 6114 Pullman Inc (1%)__ 1912 Pure 0il > 183, Purity Bak (60c)_ 107 Radio Corp 76'x Radio pf A (315) T4 Radio-Keith-Or (d). 9% Real Silk Hosiery 18% Reliable Str (a30c) 21'; Rem-Rand (760c) Iteo Motor Car 2 Republic Steel tepublic pr pf A (6) Revere Copper - Revere Copper(A) Reviolds Met (1) _. 10: Tob B (3) teres(72) trs pris) tr pf(6) 10s trs pt(7). 1008 t Joseph Ld(b50¢) St L-San Fran (d)__ 3 an Fr pf (d).. e Arm (al) (b73c) soard Air L (d) 1Im'\rd A L pf(d) ebuck (3)_. ervel Inc (1) Sharon St (11.20) Sharon Stl pf (5)_ harpe & Dohme __. Shattuck F G (60c)_ hell Un Oil (a25c) - Iver King (h25c) Simmons Co (a3) kelly Qil 5 kelly Oil pf (6) __ 1 Sloss-Sheffield Stl__ 1 Smith (A 0) z Socony-Vae (b25e) - 1 outhern Pacific.__. Southern Ry v pf ding (A (€ 550 perry Corp vic(al) piegel Inc (b23e) . Square D (B) b2ic Siand Brands(f80c) and Com Tobac tand G nd G l,mrl ()l} C all[(rl) INVESTING COMPANIES March 27 (P).—New York | Association iz 10 600 5 indise_ ‘Sec Mining__ Maryland Mass Iny Nor Am Tr S Am Tr §h 1956 Fund Inc Income S Am Sh An 5 Income S S eter. Prask Pund: tend Am Tr Shrs id Util Inc of Am Tr A ot ‘Am TrAA- of Am Tr of Am F Bac of Am Tr of Am Tr sed Shrs rustecd Am Bk Trusteed Industry Super Super per Super su NEW YORK PRODUCE. NEW YORK, March 27 by freight. steady; no_quotations. express, steady and unchanged. ed poultry, steady to firm: un- regular. Mixed colors storage-packed rsts. “exchange specials. 261s luding premiums, 251z~ 2815-30: Pacific Pacific Coast mixed colors pecials. axba-20 other 2. Centralized (90 Other grades unchanged. HLH sleudy and unchanged. RAIL WAGES INCREASE. NEW YORK, March 27 (#)—The | average annual earnings of railway employes in 1936 was $1,734, an in- {crvase of 5 per cent over the previous # | year and 20 per cent over 1933, Rail- v Age reported today. Executives, officials and staff assistants received an average of $5,565. ~ RoTA | score) ! i Cheese. 27 @.—Live | | B 51 | 114 e + 2 R+ 21% — 12| 3% 26 30 19 . 6% 119 49 1 2614 Swift & Co (11.20) . 30'; Swift Intl Ltd (2) 3815 Texas Gulf Sul (+2) 1314 Tex Pac C&O bloc _ 87 The Fair pf (7 30 10. 22 101% 12 00% 74 43% 19 13 9% | Approx 11:00 67% Stand OIl N J (t1) 5 17 Sterling Prod 3.80 2 171 Stewart-Warn 150c 3 Stone & Web(a2ic). 7 4 Studebaker Corp Sun Ol (11) un Oil pf (6) uperheater (11)_ 4% Superior Oil _____ 7 Superior Steel 13 Sweets Coof Am 50 18% Symington ww blc 14%4 Symington xw bl0c. 117 Tenn Corp (albe) . 0% Texas Corp (2) . % Texas Gulf Praje . nasofa mwBamnand 0. 110 T 11's The sP LT (allc). ‘air 10~ Thermoid Co 614 Third Avenue 12 Thompson J R 30c 614 Thompson Starrett Thompson Star pt 19% Tide Wat A O (60c) . & Tide-Wat A O pr(6) Timken Detroit 11 & Timken Roller B(3) Transamerica t40c 18% Trans Wst Air a25e 19% Transue & W (+60c) 9 Tri-Contl (as0c) 15 Truax-Tr « 20th Cent Fox b 12% Twin City R T 4% Ulen & Co Union Bag & P Union Carb ) < Union Ol Calif (1)~ 614 Union Pacific (6) 94 Union Pacific pf(4) 27% Utd Aircraft(asic) . 20 Utd Air Lines a20c Utd Carbon (4) % Unit-Carr Fast(2) 14 Utd Corp (a20c) __. 41's Utd Corp pf (3) . 141x Utd Drug (a7sc) 96% Utd Dyewood pf(7) 14 Utd Elec Coal 8013 Utd Fruit (13) 14 T'td Gas Imp (1) DT Y- he). Oc 6 ‘or'n Secur ht (1) psum (12) psum pf (7) Indus Alcohol . Leather vtc Leather(A)vte » Pipe & Fdry(3). 2 4% 64% - 114 S Realty & Tmp - h > Rubber e melting (b1) S Smelt pf (312) teel SSaN T Steelpf (1) . 2 Unit Stk Yds (50c) 3 Univ Pictures1stpf. 103 1 Util Pw&Lt (A)(d) 11 i Vanadium Corp 5 « Van Raalte 1stpf(7) 103 2 Vick Chemical (12) 1 Vicksb's S &P pf(5) 508 emical 145 -Car Chem 6% pf 29 Vulean Detin (a8) _ 120s Wabash (d) 1 A pf (B)(d) 108 1 b 4 6 bt + 14 3 208 1 1 2 2 108 A1 il lH‘ =34 431y 80 +10 3% 2 n Co (new) Walgr'n Co pf (6 Walker (H) (2) _ alworth Co i Warner Bros Pict “arner-Quinlan (d) ren Bros (d) ‘n Br cv pf (d) v &P (71) ha Mot (1) n Maryland . 327% 107 44 10% 71 50% 71, Western Pacific pf_ 704 Westn Un Tel (3) Westingh'se A B(1) 511 Westhse Weston El Inst a 1% Westvaco 5%pt 115 % White Motor White RK M $(1.40) White Sewing Ma L Wilcox 0il & Ga o « Wilson & Co (50¢) 51% Woolworta (2.40) i Worthington Pump Worth Pump pf(A) Wrigley W ir (13) ~ Yellow Tr & C 2 36y 107 70 361 81 10 6815 201 2 41 hr [ 101 ™ /amt(- Products 7 imate Sales of Stocks on the N. Y. swck Exchnnxe.i P.M. 250,000 12:00 Noon 0,000 Dividend rates as given in the above table are the annual pa yments based on the latest quarterly or half-yearly dec: ions s Unit of trading less than 100 shares. not incl a Companies X Ex dividend. tAnnual rate— bPaid this year being reorganized Tuding a Paid last vear. receivership extras reported n or :Washmgton Exchange 'DOLLAR MOVES LOWER SALES. | Potomac Electric Power 5t 1 at 1127 AFTER CALL. l Woodward & Lothrop pfd.—10 at 120, 10 at 120, 5 at 120. ! Bid and Asked Prices. | BONDS. | PUBLIC UTILITY | Anacostia & Pot Ana. & Pot Guar C. & P_Tel of Va Cap. Traction R. City & Suburban Georgetown Gas Pot. Eiec Pow. i Wash. Gas Wash' Gas 5 Wash. Rwy. & Elec. 45 __ MISCELLANEOUS. Col._ Country Club 5las W.'M. Cold Storage 55 STOCKS. PUBLIC UTILITY Capital Transit Co & W. Steamboat () ot Elee_Pow. (1% oid, Pot: El. P. 51.% pt. | Wash. Gas L. Co. & Wash. Ry. & El. com. | Wash. Ry, & EI pfd. BANK AND TRUST COMPANY. Amer. Sec_ & Tr. Co. (eS) Bank' of Bethesda (h.75) Cubital (41 om. & Savings | Liberty™ (4) | Lincoln (16.25) | Natl. sav. & Trust | Pr. Georges Bk. & Tr. (.50) | Riges (ex) Rizgs nfd. (5) Washington = (6) Wash. Loan & Tr. (eS) FIRE INSURANCE | American () 1 Corcoran (31 1 Firemen’s (1.60) National Union (.60) TITLE INSURANCE Columbia (301 | Real Estate (6) 1 MISCELLANEOUS Corp. (2.00) ) 2000 Lom ¢ (10) Carpel 2 Becurity Stor Ter. Ref. & Wh. Ci Wdwd & Loth. com | Wdwd. & Loth, pfa. 1Ex dividena. (11.50) @ June 30 1 NEW declared YORK, March 27 Regular. Rat > Pe- Corn Products Detroit Gasket | San Dieso, Cons Gas | & E | BY the Associated Press. The position of the Treast Receipts. 1 "for “the fiscal expend Including an’increase of \25 over'the previous day 31 including 1 of inactive gold - DIVIDENDS ANNOUNCED U. S. TREASURY POSITION | IN LONDON DEALINGS | BY the Associated Press. LONDON, March 27.—The (ureign exchange market was closed today, | but in unofficial dealings the United | States dollar declined 's cent from Thursday, closing at 4.88%s to the | pound. The final rate in New York Friday also was $4.8853. French francs declined to 106.63 to the pound, compared with 106.35 | Thursday. | INSURANCE STOCKS NEW YORK, March 27 (#) —New Security Dealers’ Association % pfd.— York Actna Cas (23) _________ Aetna Ins (I.650) = Aetna Life (.30a) Am Eauit_(1.60) & Am Ins Newark (%za) Am Reins z Am Reserve (1a) | Am Surety (22) | Automobile (1a) Balt Amer (.208) Carolina_(1:30) City of N ¥ (1.20) Conn Gen Life (R0) Contin_Cas (1.20)_ Fid & Dep (1g) Firemen’s Nwk ___ Frank Fire (la)_ Gen Reinsur (2) Glen Fells (1.60) ___ Globe & Rep’ (.50) Globe & Rut = Great ‘Amer (1a) Hanover (1.60) - Harmonia _(1.30) | Hartford Pire”(2) Home Fire Sec | Home Ins (Ta)_ | Homestead (1) Lincoln Fire a0 Mass Bond (312) o0 Natl Fire 'K ~ | Natl Liberty (.20a) _~ i 5 N Hampshire 1.60) N Y Fire (.R0a) Nor River (45g) Phoenix (a) Prov Wash (1) St Paul Fire (f) _ | Springfield ~(412a) o Sun Life (33g) 98 } | Travelers (16) 3¢ ) U'S Fire (2) | Westchester (1.20a) a—Also extra or extras. &—Declared or paid so far this year. CHICAGO PRODUCE. CHICAGO. March 27 (#).—Poultry, live hens firm; chickens easy. hens over 5 pounds. 1K13: 5 pounds and less. 10%s Leghorn_hens. 16%: colored fryers. 2. White Rock.” 261;:" Plymouth "Rock colored "broilers, White Rock | Plymouth Rock. bareback broiler i | roosters. 13;" Leghorn roosters. 12:°tur old. 16: 3 pounds up, | small white and | 17: ‘capons. 7 pounds pounds. * 15 50 45¢ pald _Dividends and colored. 18 geese, less than 7 Sik.of Pay- | BUTTER, 10 d. able. | speciais ( 4 | 36257 extra firsts ) firsts (R8-80). 34Vaaish centralized carlots), 4-15 steady. extra firsts fresh g ed Arst: current receipts. s | extras, 25% acked frsts, Potatoes, tit: on track, 223: total United | tates shipments, 664, Ol stock barely \§ ady. slightly weaker undertone. supplies v on March | moderate: demand slow: packed. per hu di- | dredweight, Idaho Russet Burbanks, U -|S No_1 0-3.15: fine quality, large, . few_sales Maine U. S. No. 5 partly gradec few sales .3, Wisconsin Round White. no ed. New stock slightly weaker, moderate, demand slow: carlot bushel ‘crates. Florida Bliss hs U8 No 1 . standards (110 Eggs. 25,931, 2315; cars, 74 cars Tage local, packed Minnesota Cobblers. al 1 |face of the disclosure United STOCK MARKET Steels and Specialties Gain, but Many Mark Time or Drift Down. tndust. Rajs. Uil change 3 4 Unc 46.4 471 460 471 8 503 47.6 54.0 468 53.7 434 239 843 618 Net Today, close 96.6 Prev. day. . 963 Month ago_ - 98.1 Year ago.. . 824 high 1016 low... 941 high_.. 993 low___ 734 low_ 17 high.. 146915391 low... 516 953 (Compiled by the A ed Press.) BY VICTOR EUBANK, Associated Press F writer NEW YORK. M 7.—Steels and specialties ga: stock mark brighter tinge i day's brief sess number pushing up fractions t point and a few considerably more ‘The “blue chip” Homestake Mir | responding to a proposal for a five for-one split-up of stock in order to afford it a broader market, jt more than 35 point Many issues, though, were unable | get very far ahead and others were moderate losers from week end prof sell It was one of the slowest days sir last August, transfers approXimating 550,000 shares. Motors stoc co did little or nothing ‘Wall Street awaited final peace terms now being discussed at the Chrysler-union conference. Hopes for a quick settlement were seen, but the | financial sector was cognizant of other labor controversies either existing or threatened. | Alcohols found a following in the States Industrial suffered a sizable dificit last vear, compared with a profit in 1935 Most of the rails improved, but Southern Pacific was under water the greater part of the time on word some of the road’s employe divisions were taking a strike vote. Among were U. | town better share performers S. Steel, Bethlehem, Youngs- Sheet & Tube, U. S. Rubber, Macy, Woolworth, U. S. Industrial | Alcohol, American Commercial Alco- | hol, National Distillers, Deere, Western Union, Anaconda, Revere Copper, \T(“{’ls Corp., Seaboard Oil, Santa Fe and Baltimore & Ohio. Usually behind were Douglas Air- craft, Boeing, Cerro de Pasco, Du Pont, Libby-Owens and Canada Dry. A re- ‘!l‘llb(d range was held by Chrysle | General Motors, American Telephone, Consolidated Edison, North American, Goodrich, Montgomery Ward and Sears Roebuck. FINANCING TO DECLINE. NEW YORK, March 27 (#).—New financing scheduled for next week by 2 States and 45 municipalities totals | 512,718,262, as compared with a re- | vised total of $29.910,425 for the past week, the Daily Bond Buyer reported. The weekly average of new offerings | for the year now stands at $41,- | 630.445. REAL ESTATE LOAHS RESIDE} 5% SMALL BUSINKSS PROPERTIES FRED T. NESBIT 1010 VERMONT AVE. DISTRICT 0392 OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks Steel Fi'es Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1116 Eye St. N.W. Phone NA. 2183 INVESTOR Can _show vou STR500 equity in house, just off 1Gth ecl. Statement on request. Call, write, or see Stanton T. Kolh J. Leo Kolb, Inc. Wisconsin Ave. West 000 Second Trust Notes We will buy monthly payment deferred purchase money second trust notes. secured on owner-occupied dwellings in D C.and nearbv Md. & Va Union Finance Co. 916 Woodward Bldg NAU 7936 5% INTEREST CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 25% rethrn on nit apartment net 1237 First Mortgage Money For TRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia 5% Prompt Action B. F. SAUL CO. CONS gold asse S510.1 less than carlots. Tex Bliss Triumphs, U. 8, 10 a sack. 925 15th Street Natl. 2100