Evening Star Newspaper, March 29, 1937, Page 13

FINANCIAL. . PRIME CORPORATE BONDS IMPROVE Most Gains Are Fractional. U. S. Government Issues Ease Slightly. Bond Averages GiiRi0 10 Rails. Indust. Uil # 1 +1 —1 94.9103.1100.2 5.0103.0100.3 97.210401013 92.3102.7102.1 99.0 104.4 102.8 9431029 9938 98.2104.4103.1 86.9101.8 99.3 67.6 458 400 64.6 422 high.. 101.1 98.9102.9 100.5 10 Low-Yield Bonds. Prev. day-109.3 Year ago- 111.4 1937 low.. 108.9 1936 low.. 110.2 1932 low.. 86.8 Net change- -1 Today noon.- ks 3.0 69.9 4.7 2.1 3.0 Month ago Year ago--- Month ago 111.1 1937 high. 113.7 1936 high. 1135 1928 high. 104.4 (Compiled by the Assoclated Press.) B the Associated Press. NEW YORK, March 29.—High- grade corporate bonds pushed gen- erally higher today. but most ad- vances were fractional. Buying was small, with traders end institutional purchasers hesitant in the face of uncertainties. United States Government issues were a little lower. Hints as to Treasury plans for financing over the next few months were expected soon with the return of Secretary Morgenthau to Washington. Losses in the Federal list ranged to around 4-32 of a point. Foreign bonds were likewise quiet, with recessions in some South Amer- ican 5155 and Ts. Improvement in the corporate field was fairly general, although some carrier issues, including Santa Fe 4s and Southern Pacific 4!.s, faltered a bit. American Telephone 3%s were up a fraction, as were Consolidated Edison 3';s, Great Northern 4. series “E,” McKesson & Robbins 5. Texas Corp. 3':s and Western Union 5s. FEDERAL LAND BANKS NEW YORK. March 29 Bank N P).—Federal Asked CHICAGO PRODUCE. CHICAGO. March 1 car, 18 trucks; loans and gains in German | TREASU Hi 98, 102. 100. 100, 100.! 101, 104. 108.¢ 104, 104 106, 108 106, 106, 106. 109.] 111 105, 115, 238194953 38 1945-47_. 2% 1948-51 2% s 1951-54. 2% 8 1956-59_ 2%s 1950-60._. 38 1946-48 38195165 o B4 9 1946-49_ 3% 8 1949-52 3%8 1941 3143 1944-41 3% 1940-43Tune 3% s 1941-43 Mar 3%81943-47. 3%8 1946-56 45 1944-54 435-338 194345 4% 8194752 102 102, 108. 381947 881949 83 s 1964 HOME OWNER! 218 1942-44_ 100. 238 1939-49_ 100. 381952 101 Abitib] Pa&Pw 6s 03 Alpine Mont § 78 '55-- Antwerp bs ‘58 Argentine 41571 Argentine £ %s 62 Argentine 68 ‘67 A Argentine 65 '68 B Argentine 6359 June Argentine 6569 Oct Argentine 68'60 May - Argentine 6s ‘60 Sept_ Argentine 6s 60 Oct . Argentine 6s ‘61 Febr._ Argentine 68 ‘6] May._ Australia 4143856 Australia bs 55 | Australta 5s°67 | BavariaS 6 Belgium 68 | Belgium 63549 | Belsium 78 65 | Bergen City 58°60 Berlin Elec 6%s '69__. Brazil 6348 *26-'57 Brazil 6%8'27-"57_.. Brazil 78'62 Brazil 8s 4 Brisbane 68 '67 Bue Al 43845575 __ Buenos A C 65’60 Apr. Buenos A 43%8'76 Aug Buenos A C 6%s'55___ Bulgaria 78 ‘67 July enapon oft Canada 23845 Canada 31861 Canada 4560 _ Canada s 52 | Chile 6360 Chile 6s 61 Sept Chile 68 '61 Febr. Chile 65 ‘62 Chile 6563 Chile Mtg Bk 6862~ Chilean Mun L 7s '60_ Colombia 6s 61 Jan | Colombia 6s 61 Oct Cologne 63;5'50 Copenhagen 68 ‘62 Costa Rica 18 A '51_ Cuba 5%s 45 Czechoslovakia 85 '51_ Denmark 41862 Denmark 6%8 ‘55 Dominic 18t 538 42 Fiat deb 7s 46 __ Ger CBK A 6338 ____ Ger C Ag Bk 6560 Oct. Ger Gov 5% 65 at | Ger Rep 78 '49 stnd Ger Rep 7s 49 un st__ Grt C ElJap 6%s 50__ Grt CElJap 78 '44____ Hamburg St 65'46 Helsingfors 6145 ‘60 nall | Hunzary 718 '44 ‘weaker: extra firsts, lo ; fresh graded firsts, loca 2: car: pourrent recelp yorase ;;acked extras, 2434; storage packed 9: total U. S. Khipments Saturda: unday, 16; old 3tock. Tdano Russe's slightly weaker. other tock about steady: supplies liberal, de- and slow: sacked per h daho Russet Burbanks, U. S 15: Washington Russet ‘Burbi ination erade, heavy to laree fado Red McClures, U. S. No. b} 50-10 mostly Thites S N 0 U few Commercial.’ obiers S. No d 545, New stock slightly w s nbera! demand slow: carlot_track sales. bushel crates; Florida Bliss Triumphs, U 8. No. 1| ;122 Texas, 50-pound sacks b S, A be: mostly size, showing di 190:' 0.8, Y. few sales. 1.K! o Forato futures: Taane Hussths 1 uu‘ April, grade A, 2.33; 219 March May, aen NEW YORK SUGAR. YORK. March 20 (#.—Raw sugar s steady and unchanged early today 350 for spots. with no sales reporte: Futures were steady on increased cov- ering commission-house buving, s of the Spot_market, fears of delay in the sugar- tax program and expectation of construcs tive developments at the coming world sugar _conference $4ay No. 3 sold up to 2.63. or 4 points fet higner. but seemed {o_meet increased edging and liquidation. The market re- acted, with May selling back to .60 by midday. when the general list was 1 to 5 points net higher. In the No. 4 con- tract, after selling 1, to 1 poini higher, the ‘market at midday ruled about net unchanged as_July eased from 129 to 1.2R'; and September from 13012 to unchanged at 4.80 for with active withdrawals “Refned was fine granulated, reported. NEW YORK PRODUCE. .. NEW YORK. March 84 Creamery: Higher T extra s firats TRRCDT scores). . i Sant nds -+ Scores). Siiaanita i centralived (90 firm. State, whole-milk weak. fowls, Tqosters. Chickens, colored, 13; turs nounn "5y treigit, 18; Leghorn. 19 horn, 10817 keve, 17a55: ducks, 13a SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) offer. 1127 80 104 105, 1073, 1067 10272 Kmerican T & T Auburn Auto 4%ss California_Packing Carolina. Clin & Oh! Chesapeake & Ohio 58 Edison Elec Iluminat 4s General Public Serv 5las '3 Grand Rapids & Ind 4las Houston Oil 535 '40 Internatl Merc Marine Internatl T & T 4725 Laclede Gas' Light 5s Lehigh Valley Coal ZLehigh Valley Term Tong Island Gen 4s Louisville & Nashvi Michigan Central 4s '40 Midland RR of w & Norf xm v.s J 1021 Southern Bell T & Term RR Assn St L 41as Vanadium Corp 58 '41 Vertientes Sugar Co 7s Wabash Rwy Co 55 '3 Warner Brog 65 30 Western N Y & Pa 4s Western Dnion Tel 8 '88.- U. . TREASURY NOTES. (Reported by Chas. D, Barney & Co.) BALE*MB[\H’HV NEW YORK BAR SILVER. NEW YORK, March 29 (#).—Bar silver steady and unchanged from Fri- day, March 26, at 45. n ) 2 Pl | Febr coupon on Italy 78°61. Japan 6%s '65_. Japan €% 4 Karstadt 6s’43 ctfs __ Karst6s ‘43 ct st prin_. Medelin 6148 ‘54 Met Wat 53 Milan 6%s°52 . New So Wales 6s57__ New So Wales 65°'58__ Norway “%s 65 Norway 41,8 '56 Oslo 4% s '55._.. Peru 68’60 . Peru 6s ‘61 Poland 7s 47 Poland 8s'50 Prussia 68’52 Queensland 6s'47_. Queensland 78’41 Rhine W El P 65 Rhine W El P 6s Rhine W El P 6555 Riode Jan 638 53 Aug coupon off_____ Riode Jan 8546 Aoril coupon oft Rio Gr do Sul 656 June coupon off_ Rome 63562 __ Rumania 7s 49 Aug couponoft_____. Sao Paulo St 6s'68 July coupon off _____ Sao Paulo C6%s '57 May coupon off _. Sao Paulo St 78 40 Sao Paulo St 8s'36 July coupon off Serbs 7s ‘62 unm c o Shin'su E1 P 6%s'52. Silesla Prov 7s'58 Taiwan Elec 5%s8'71__ Tokio E L Ltd 6s 53 Tyrol HY El 7%s '65 Un St1 Wk 612847 A__ Uruguay 6s Vienna 6s°'52 Mavco.. Warsaw 7s 58 Yokohoma 6s 61 DOMESTIC Ala Grt Socon 58°43_ Alb&Sus 3148 '46 gtd . Alb Per W P 6848 Alleg & Westn 4598 __ Alleg Corp 6844 Allled Stores 415850 Allied Stores 4%4s°51_ Am Icecv 6353 AmIGChb6%s 49 Am Intl 6%s '49 Am Tel & Tel 3% Am Tel & Tel 3%s 66. AmT&T 4%s'39._ AmT&T5%8s 43 _ Am Wat Wks 6s'76__. Am Writ Paper 65 °'47_ Anaconda deb 4%s '50 Armour & Co 4%s '39_ Armour(Del)1st 48’55 | Armour & Co Del 4s 57 Armstrong C'k §s 50 _ A T&S Feadj4s’95__ A T&S Fe gen 4s ‘95 A T&S Fegn 4s'95rg. A T&S FeC A 4%8'62 Atlanta & Birm 48’33 _ Atl Coast L 18t 45°52_ Atl Coast L clt 4s°52_. At1C Lun43s'64_ Atlantic & D 1st4s 48 _ Atlantic & D 2d 4548 _ AtIG & W I 68°69 Atl Refining deb 5s'37. B&O 1st 4848 B&O ¢%s'60_ O 1st 55'48 B & O Swn 6850 Bang & Aroos 4 Bell T of Pa 58'48 B__ Bell T of Pa 6560 C. Beth Steel 3% 866 Beth Steel 4% 8 '60___. Bos& Me 4%8'61J___ Bos & Me 5865 Bos & Me s 67 Bot Con M 6338 '34 Bklyn Ed con 3% #°66 . Bklyn Man T 4%s 66 Bklyn Un Gas 68 '50__ Bklyn Un EI 68 '50 Bklyn Un Gas 68 ‘57 B Bkiyn Un G ref gy ‘47 Buff GE 4%8'8. B._ Buff R&P con 4% = ‘57 Euffalo R & P 5537 BCR& Ncl 5534 Bush Term Bldg 5s'60 By-Prod Ck 6%s 46 _. ). FEDERAL FARM MORTGAGE. .31 102.24 102.28 FOREIGN BONDS. - 101% - 1013 . 101 BONDS ON By private wire direct to The Star. RY gh, 24 22 28 18 9 18 4 5 24 26 ] 24 81 12 10 12 8 29 1 Low. 2:58. ¥8.20 98,22 102,17 102,19 100.22 100,28 100.12 100,12 100.5 100.6 101.6 101.8 104. 1046 1031 108.6 104.22 10428 104.22 104.22 1065 106,22 106.24 106.12 106,10 109.10 11, 106,17 15,1 115.11 102.9 108.6 9 6 S’ LOAN. 5 1006 100.6 10 100.6 1007 30 101.28 101.27 102.6 108.6 High. Low. 2:55. 9675 963 963§ 99 10044 98)4 10054 100% 102 102 1013 10244 101% 102 100%% 105% 105% 1834 108 110 1165 9 19 €2 2885 9134 ul 17% 1063 50% 8134 8034 9431y 10034 102% 99 224% 22% 6344 50 19 1104 | & UL 1944 1934 193 28 81y 26% 8% @y ONDS. 11435 11434 108 108 7034 8 91y 994 10035 10024 10536 1053 8035 8034 ur 1 918 9134 901 8934 100 993 108% 1083 1063 1064 10634 10634 117% 1173 100% 100% 9974 993 103% 103% 10835 10854 1073 107% 1213 121% 109 109 86%% 86% 101 101 263 264 2614 THE EVENING - High. Low. Can'dian N R ¢%8°51. Can'dian N 58’69 July. Can’dian N 685’69 Oct . Can'dian N db 6% 546 Can’dian P db 4s ‘perp Can'dian Pac 4%4s'46_ Can’'dian Pac 41,8 ‘60 Can'dian Pac 6s "64_. Cent of Ga 6s '69 C Cent IIl E& G 68°61 Central I11 Lt 83%5°'66. Cent N England 4s 61 Centof N J 45 '87_. Cent of N J gen bs Cent of NJ gn 68" 87rg_ Cent Pac 1st 4549 rg._ Cent Pac 58 60 110% 110%§ 16 14 116% 1164 121% 1213 923 92 10835 10335 101% 101% 108 108 203 20% 108% 10334 102 69%4 6614 Champ P& F 4%5°'50_ 1 Chesap Corp 68 47 Ches & O 8%8°'96 D Ches & O 3%s 96 E._. C&Ogen 41%8'92 Chi & Alt ref 3s 49 Chi B & Q gen 4s 58 Chi B& Q4%s'T1 ... Chi B & Qref 6871 Chi & E [11 6’51 Chi & E [1158 '61 ctf: Chi Grt West 48 °59 Chi Ind & L ref 65’47 Chi Ind & L =en 68 '66. CM&StP gn 3%8'89 B CMStP4s’89 CM&StP gn 4348’89 C. CM&StP 4%s'80 E CM&St P 58 76 CM&StP&P adj 652000 Chi & NW 4%s82037C. Chi & NW 4%s 49 Chi R 1&P rf 48°34 Chi R I&P rf 4s'34ctf_. Chi R I&P gen 4388 Chi R I&P ¢%#='62 Chi R I&P 4%s 60 Cni Un Sta 318’61 Chi Un Sta $%s 63 E_ Chi Un Sta 55’44 Chi& W in con 4852 Chi& W Ind 4%8 62 Childs & Co bs'43 CinG & B 3%s ‘66 Cin Un Ter 3338 D gtd Cin Un Ter bs 2020 B CCC&StL Stldv 4890 CCC&St L ref 68 63 D CCC&St L rf 4%8 1T B Clev El 11 3%, 8°65 Clev Un Tel 4%s8'77 Clev Un Term 6s'73 B Clev Un Ter 5%s 'T2A. Colo & So 4%5 ‘80— Columbia G & E bs ‘62 May . Columbia G&E Colum Ry P&L 4s *65- Comcl Credit 3%s'51_ Com Inv Tr 3%s’51 Cons Coal Del 6860 Cons Ed NY 3%s 46 n_ Cons Ed NY 3%s’56 n Cons Gas NY 4%s '51_ Consol O11 34561 Ccnsum P un 3%s 65 Cons Pwr 3187 Consum Pwr3%s'6 Crane Co 3%s 51 Crown C & S 45’50 Crown Will P 6851 Cuba RR 1st bs 52 Cuba R R 65 '36 ctfs Cuba RR ref 7%s 36 Dayton P&L 3%s "60_. Del & Hud ref 4543 Den & R G W b8 133 Den & RGW bs'5basst_ Des M&Ft D 48’35 cfs_ Det Edison 3 Detroit Ed 4s 65 F_ Duques Lt 4%s'57 B, Slec Auto Lite 48 E A Erfe cv 48" Erie cons 4 Erie gen 4s 96__. Erie ref 5s '67_. Erieref 5s'75.. Fairbks Morse 48 °'56._ Fed L&Tr 55’42 st Fla EC Ry 68°74 Francisco Sug 6356 Gen Cable 5} Gen Mot Acc 38 46 Gen Mot Ass 3%s '51_. Gen Pub Sve 5%s Gen Stl Cast 5% s Goodrich 4 %8 '56_ Goodrich 6s 46 Goodyear T&R 68 57 Goth Silk H 53°46 ww. Great N Ry 4346 G Great N Ry 48 46 H__ Grt NRyref 48’61 A Grt N R gen 4%8'76 D Grt N Rgen 4%s8'1TE Grt NRb6%s'62B____ Gulf M & N 5s°50 . Gulf States Util 45’66 Gulf States Ut 4%, 8'46 Gulf Sta St15%s 42__ Hock Val 4%s°99 Hoe (R) 1st mtg 44 Houston O1] 5% '40__ Hudson Coal 5862 Hudson Co G 1st 5s'49. Hud & Man inc 6s ‘67-. Hud & Man ref 58 '57_ 111 Bell Tel 3%s 70 111 Cent col tr 4863 [11 Cent ref 4355 11 Cent Lou 3325 '53__ (11 Cent 43,5 66 Il Cent W L 1st 4s'51 ICC&StL N O4%s'63__ ICC&StL N O 6s " 111 Steel deb 434840 Inland St13% s 61 Int R T 1st rf 6866 IR T 1strf 6’66 ctfs. IntRT6s'32___ IntRT 32 ctfs. Interlake 5s ‘61_ Int Grt Nr 68 52 A Int Grt Nr ad)j 6s'62 A Int Hydro Elec 6s"44_. Int Pap 1st 68 '4TA_. Int Pap ref 6s "56_. Int T&T 4%s 52, Int T&T 58°56__ Lowa Cent 15t&rf4s'61. James F&C4s°39 ___ Jones&L Stl 4% s'61A_ Kans C F S&M 48 '36_. Kans C So 1st 3s 60 Kans City So ref 53 '50 Kan C Term 1st 4s ‘60 Kans G &E4%s'80._. Kings Co El 4849 Laclede Gas 6542 A__ Laclede G 6%5'63 C_ Laclede G 6%8 60 D__ Lautaro Nitr 6864 __ Lautaro Nit 6s 64 cfs_ Leh C&N 418 54 A. Leh C&N 4%s ‘64 C.. Leh Val Coal 5s°54._. aeh Val Coal 5874 Leh Val Coal 6s'38._. Leh Val Har 58°'64 LV NY 4%8 40 gtd .. Leh V P con 48 2003 Leh V Pcon 4%s2003. Leh V RR con 68 2003 Ligg & Myers 68°51 Ligg & Myers 7s "44 Loew's 338 46 _ Long Isl ref 48°49 La & Ark 68’69 L & Nash 3% s 2003 L & N unif 4s5°40 L &N 1st4s 2003 .. L&N4%82003C._ McKess&Rob 5% 860 Me CRR clt 45°45 A__ Me C RR gn 41 8’60A _ Man Slst 7%s'42 ctfs_ Market St Ry 7840 A_ 31% 11% 813 2234 231 2014 373 223 13% 104 104% 105 10214 100t N 100 103 107% I 108 9434 10734 1013 i 106% 11 0% 102'4 10244 1033 9534 5 1025 | Republic Stl 538 54__ { 1005 1013 924 99% 1063 104 101 130 108% 11% 10835 § 102% 11574 100 101% 10814 973 4 115% 914 102 6% 11034 114 1163 121% 92 10334 1013 108 2034 10834 02 70 667% 313 2239 281 204 813 223 1344 104 104% 105 10214 1004 8714 100 103 1072 97 103 aats 1074% | 1013 | 106% | 111 0% 10214 10234 108%5 102 1014 1014 921 | 993; | St L-S Fran 4s ‘60A 10634 104 101 130 109 111% 1033 102% 11574 100 102 1033 98 11514 914 | 102 4 119 a2 § 103% | 1015 61 881 943 107 104 10444 67 60%; 8417 | 0% 943 923 43% 84 102 3774 143 80 10034 9914 68 3% 624 9% 103 61 883 95 107 104 1084 67 61 6334 '681% 634 103} 1083 108} i Mead Co 68 *45 Mex Tnt R 48°77 ass Mich Cent 4s 40 Mil El R&L 6s 61 MIIER&SLrf6s'71. Mil Spa & N W 48 °47_ Minn & S L rf 48°49 Minn & St L6562 A__ MStP&SSM bs 38 gtd._ 7 MStP&SSM rf 65 46A. Mo K & T 1st 4590 Mo Pac 5878 G Mo Pac 65’80 H_ Mo Pac 534849 A Mob & Ohio 4%8°77. Mob & Ohio 6538 _ Mohawk & M 4s*91_ Monong Pub S 4%8'60 Monong Pub S 6s°65 Montana Pwr 35 '66.- Mor&Essex 3%s 2000 Morris&Essex 438 ‘65 Moiris&Essex bs ‘65 .. Natl Dairy 3% s'51ww. Natl DiSP C 4% 845 __ Natl RM 1st 45'61 asst 1% 10234 106 ELY 89 91y s1y 99 99 1043 1043 104% 10434 1043 10434 i 05 6 ) % | Pere | Tol St L & W 4s°50 | Phila B&W cn 5874 | Pnila & R C&1 68 49. | Rem-Rand 4% s'56ww. 4| SoPac3%s 46 STAR, WASHINGTON, N. Y. STOCK EXCHANGE 2:58. High. Low. 2:55. 4% 4% 4% 104% 10434 10434 ur ur e 11934 11936 11935 106 1044 104% Y 94 52 5244 983 55 5% [ 7Y 101% 9744 Nat Ry Mex 4% 857 as Natl Steel 4s ‘66 New E T&T 4%8'61__ New E T&T 1st 6862 New Jer P&L 4%s '60_ New Orl Ter 1st 48 '53 New OrlT&M 4%8 ‘66 New Orl P S 6855 B__ New Orl T&M 6561 B. New Orl T&M 5856 C.. New Orl T&M 6% ‘54. NY Central 3%s 97 NY Central 3%s 46 NY Cent con 4898 NY Cent rf 4348 2013_. NYCrf4%s2013n. NY Cent rf 682013___. NY Cent cv 6s 44 NY CLSh3%s'98 N Y Chi & StL 4546 NYC&St L 4%8 78 NYC&St L 5%s 74 A_. NY Chi & St L 6838 NY Edison 3%e 65 D. NY G El H&P 45 49 NY L & W 1st 4873 __ NY & Long Br 4s'41__ NY NH & H 485 NY NH & H 4556 NY NH & H 4557 NY NH & H 4%s " NY O&W gen 4s ‘55 NY O&W ref 45 92_ NY Futnam 4s'93 _ NY Rys 68 65 A stp NY Steam 1st 68 47 NY Tel gen 435 ‘39 Niag Falls P 31,866 Niag Sh 6%8°50 Norf So 1st ref 63°61_. Norf S 1st rf5s'61 cfs. Norf & W 1st 4396 North Am Co 5361 North Am Ed 5869 C_ Nor'n Pac gen 33 2047. Nor'n Pac 4897 Nor'n Pac 6s 2047 D. North Pac 65 2047 Ohto Edison 48 '65 Ont Pwr Niag bs 43 Oreg RR & N 4846 Oreg Sh Line 53 46 Orez W RR 43 61 Pac Gas & El 33866 PacG & £ 3%8°61 PacG & E 45 64 Pac T&T 3%5°66 C | Pan Am P C 6840 Pan Am PC 6540 ctfs_ Para Broadway 38 ‘55 Paramount Pic 68 '65_ Park-Lx 6%s ‘53 ctfs_ Penn RR con 4548 Penn Co 43 63 Penn Dixie C 6841 Penn P&L 4%s 81 Penna R R 81 w. Penn RR 3%s 70 Penn RR 4%s '81 D. Penn R R 4% ‘84 Penn KR gn 438 65 __ Penn RR deb 4%s ‘70 Penn RR gen 68 '68 People GL&C rf 68'47_ Peoria & E inc 45 90__ arq 1st 48 66__ Pere Marq 4% 80 _ Marg 18t 55 56 ” 9% 1105 108 112y 109 11684 10434 97% 101 10414 100 4574 48% 8% 100 49% 1134 10034 100 1063 104% 101% 10434 100 48% 8% 3% 1015 | 116 112y | 204 | Phila Co bs 67 Phila & R C&1 6873 pine Ry 43 37 &St L 4% t L4387 St L Pitts& W Va 432860 C Port Gen El 4348 60__. Postal Tel & C 6853 Pure Ofl 4% 8 60 ww. Purity Baking 68748 Reading Jer C 48°51__ Reading R 428°97 A_ 834, 119% i 100% 1004 108% 1075 200 91y Republic Stl 4%8 50 _. tepublic Stl 432866 Republic Stl 4148 61 | 12434 Revere Cop 4%s 56 __ Iichtield O 68’44 ctfs. R1IA&L 18t 4b,8 34_ Rutland RR 4% 841 __ St L IM&S R&G 48'33. | StL P &NW 6s'48 StLRM&PS 56y 2135 St L-S F 4850 A cifs StL-S F 4%# St L-S F 65 50 B ct: StLS W gnrfbs St P M&M ext b San A & A Pass 48 43. Schulco 6%5'46 A stp_ Seabd A L 4550 Seabd A L ref 48 '69_. Seabd A L adj 6849 Seabd A L 63 45 A Seabd A-F168'35 A ct. Shell Un deb 3%s5 ‘51 Silesian Am 78 41_. Skeily O1l 48 ‘61 Socony Vac § South Bell T&T & Southn Cal Gas 4s Southn Cal Gas 41 ‘61 S0 Colo Pwr 63 47 A__ | South Nat G 4%s'51. So Pac col 4s 49 1% 97%% 72 9935 102% | 104 104 105 104% 9874 | 9645 | So Pac ref 4s 55 So Pac 4%s 68 So Pac 434869 So Pac 4%:s 81- So Pac Oreg 4%s '77.. So Pac S F Ter 48'50_. So Ry gen 45'56 A. So Ry gen 63 '56 So Ry 6%s '56 So Ry M& O 488 So Ry St L dlv 4551 S W Bell Tel 3%5s'64.. Southw'n G&E 45 '60 Spokane Int §s *55 Stand O1l N J 3s Studebaker cv 6845 .. Swift & Co3%s ‘60— Tenn El Pw 6s'47 A__. Texarkana 5.8 ‘60 rexas Corp 3% 51 Texas & Pac 5877 B_. Texas & Pac 58 79 C__ Texas & Pac 6380 D__ Third AV ref 4s 60 Third A ad in ex 68'66. Tol & Ohfo C 3% 8°60_ Un Oil of Cal 3%s '62. Union Pac 3%s 70_. Un Pac 3%s 71 _ Un Pac 18t 48'47_ Un Pac 1st rf 48 2| United Biscuit 6350 United Drug 6853 United Rys St L 4534 U S Rubber 53°47__ Utah L& T 68°44 (A). Utah P& L 68 "44_ Utll P &L 5859 ww. UUIP & L 5%s 47 Vanadiumcv 68 41___ V Cz&P1st 4% s'34 ast Ver Sug 18t 75'42 ctfs. Va E & P 1st ref 48'55_ Va Ry 1st 3%s'66 A_. Wabash 4%s 78 Wabash 1st 58 39, Wabash s 80 D. Wabash 618 ‘75 Walker H&S 43845 Walworth 4s°55 Warner Bros cv 68'39. Warner-Quin 6s 39 Warren Brcv 6s "41 Wash Cent 4s°48 West Penn P 3%4s’66_ WPaP4s'61 H. .. W Sh 1st 45 2061 gtd_. West'n Md 1st 4s "52_. West'n Md 5%8°77. __ West'n Pac 6s 46 A West'n Un 4%s '60 Westn Un cl tr 63°38 West'n Un 68'61_. West'n Un 6s'60_ Wheel Steel 4% 8 '53._. White Sew M 6s 40 W Sp Stl con 78 '35 Wilkes B&E 5842, Wilson & Co 48 ‘55 Y'ngstnS&T 8%s ‘b1 Y’ngstn S&T ¢s°'61 —_ Former Governor Dies. MANCHESTER, N. H, March 29 (#)—Albert Oscar Brown, 84, former Governor of New Hampshire, died yesterday after an illness of several months. A lawyer and a banker, Brown ré- tired March 1 as president of the Amoskeag Savings Bank of Man- chester, He was elected Governor in 106% 1027 42}5 106% 831 9634 503 72 10134 10435 107 98Y 1028 1083 36 106 1028 106 10634 10034 104% a2y 42 42 9934 9934 149% 14885 149 100% 100 1003 10285 1064 353 108 1028 106 105 993 10434 a2y 963 | 1025 | 5 | Texas MONDAY, FASTERPACE SET ATSTEEL CENTERS Institute Finds Operations Up 1.1 Points at 0.7 Per Cent Level. By the Associated Press. NEW YORK, March 29.—Opera- tions in the steel industry for the current week advanced 1.1 points to 90.7 per cent of capacity, compared with 89.6 per cent last week, the American Iron and Steel Institute es- timated today. A month ago operations averaged 85.8 per cent of capacity while a year ago the rate was 62.0 per cent. The rate for the week is the high- est since August, 1929, when opera- tions were at 959 per cent of ca- pacity. Ingot production for the week was estimated at 1,188,000 tons, the high- est in history with the exception of one week in May, 1929, when pro- duction totaled 1,193,000 tons, or at the rate of 102 per cent of the then capacity. Washington Produce. BUTTER— Ye-pound prints, 41; tub. 39: 90 score. pound prints 49: va-pound prints. ul, 8. Mark MEATS— Lhon:P oot veal 16: laml por! hemn, 300 IaroR 43 slab bacon, 4 vaE STOCK—Pigs oa medium hogs. roughs, 6as; 40; 17; fresh Siiced hunm 13%; lard. light hogs. heavy hogs lambs, 17 el hams, 26: compound, 81289; 934810 Khpal calves, 6a10; 0! S8 s pald shippers net fob. Wash- ington. By the United States Bureau of Agricultural Economics EGG farkel quict and, unchanged ceipts, to hennery whites, 221, to Government graded and dated white eggs (net prices paid shippers Lo.b. Washington) exiras. extras, mediums, U. 8 large. GULTRY— Market Colored. heavy. 17 horns, 13 to 14 Chickens, Crosses, all sizes, 21 to 2:1; Lel pounds’ and_up, to 30 each. 1o 20; young toms, old hens, 15 to 17. Fruits and Vegetables. Sales in large lois by original receivers o K a.m. today APPLES-No carlot arrivals: one broken | T on track Currer A unrmmed Leg- °Rocks and horns, 115 Old guineas, s(lndurd.\ LIVE Fowl: Thrkeys 15 to 17; Ni up ca Staymans. Paragons, GUS — No_carlot _arrivals: no track. ~Supplies moderate ‘market weaker. Bouth Caro- pyramid crates dozen bunches al. 3 50-4.00: po 00: fancy. 50: " choice 2 CABBAGE — O Carolina ar broken and two Supplies “moderate dnnnn st Domestic round t ida. 100-1, 18 fair in v alifornia arrived: one unbroken car on track. Supplies moder- ate. demand moderate: market steady. half-lettuce crates. 3'z-dozen. 1.40 al50° California._ Western-lettuce crates, 6-dozen Texas, bushel baskets ' toppe CAUIIFTOWER Sne. " Californta ar- rived: two broken and two unbroken cars track, Supplies moderate: demand Thetsieads. Callfornia. crates. Florida arrived: Hve broken lnd two unbroken cars on track. Supplies moderate; demand light market steady. Flm’ldn 10-inch crates. individ- ually washed and pre-cooled. 4-10-dozen, 3 few 3.65: xx's. 3.00. LETTUCE—One Arizons arrived; broken and one unbroken cars on track, Supplies moderate: demand fair. market steady. Arizona. Western crat. Iceberg ozen. B.0086.50: few 6.75; poorer 5 5,50, 80's. 6.2 "ONTONE -No_ carlot broken car on track d0ms(‘d luzh( mx et three ack arrivals; one un- Supplies moderate; steadv. _50-pound New York few higher 3”inches and larger. s 17 Michigan Talows, 5 Colorado. ' Valenc 1.0, PEAS—One California arrived: _one broken and one unbroken cars on’ track Supx moder demand light: market B Telephones © poorer. Potato Prices Steads. POTATOES—One Florida. six Maine. one New York arrived: three broken and four- en unbroken cars on track. Supplies mod- market steady. 100- No. 1—Maine,” Green 5. New York, round 50 Pennsylvania. round Idaho. Russet Burbanks, 3.50 bushel cr: Bliss Tri- No 2,16 poorer low 2.00a%.15; poorer PINACH—Three Texas arrived; two broken and three unbroken cars on track Supplies moderate: demand fair; market about steady. Texas, bushel baskets, 1.00. STRAWBERRIES—No carlot arrivals; no cars on track Supplies very light; de- mand light: market weaker Florida, 36- pint crates, holdovers, 5.00-5.50; poorer low as 4.50 per crate. SWEET POTATOES—No carlot arirvals: no cars on track. _ Supplies light; demand light: market steady. bushel baskets Porio Ricans. Halls, (‘o-xmy b No. 1, 'l Halls. " 1 EOMATORS o carlot arrivals: one un- broken car on track. mand fair; market steady. boxes, green, ripes and turning wrapped, txt and larger. mostly fair to ordinary ali Y :nd condition, 2.50-3.00; few best, D VEGETABLES—Two Texas ar- mo broken and two unbroken cars moderate: de- Florida, bushel de- North Carolina, 1.25; Nancy Maryland. ‘Anne Arundel ampers Jersev tvpe, Bushel Baskets:"Nancy MIX rived: on_tra LIMA BEANS—Supplies mand fair; market steady. hampers, 4.0 URAF" BEANG. Supplies mand fair; market steady. hampers, 'green, round 2.50: 0. EGGPLA u light; light; market steady. Florida, 1'2-bushel erates; fancy, 250-300; choicé, 1.50-2.00, upplies moderate: - demand kel steady. Florl 13 '"1"1‘ ain, H—Supp moderate; demand Tmarket Aahily wearer. Pl . yellow crooknecks, 2.50- few higher: white wrapped,’ prac- lIcally no_supplies on the market ANGES—Two California arrived: two broken Q. two unbroken cars on track. Florida, boxes, No. 1, 3.00-5.00: No. 50-4.00. as to size. “GRAPEFRUIT—Two Florida. one Texas arrived: three broken and one unbroken cars on tr: k) Florida. boxes. No. 1. 2.50- carlot_arrivals; no cars c-nfiromu boxes. No, 1. 6.50- Ze. 74 00, as to PINEAPPLES Ciba, rates 10-3.50. s Mary- a. crates. 1 3.00- ound cart ADOS—Californin. pony crates, as, 1, crates. 1.35-1.50. .75, BROCCOLI—California. -bushel baskets: Fiorida. 2 2.75-3.00. Suushel baskets, Fioride; moderate: lies demand moderate: bi faney, boxes, BEETS—Tex OKRA—12 CUCUMB! fancy. 4.50. few higher. - BOSTON WOOL MARKET. BOSTON, March 29 (&) (United States Department of Agriculture).— Very little business was transacted in spot domestic wool today. A few buy- ers were inquiring and occasionally made bids, but demand appeared slower than a week ago. Quotations on domestic wools were fairly firm. Original bag fine territory wool was quoted mostly at $1 to $1.02, scoured basis, for average to short French combing lengths, and $1.03a $1.05, scoured basis, for average to good French combing lengths. Spot fine Australian wools received a little demand at firm prices. VICE PRESIDENT NAMED. NEW YORK, March 29 (Special). Directors of Massachusetts Distribu- tors, Inc., general distributors for Massachusetts 1nvestors Trust Shares, announce the election of William F. 1921 for two years on the Republican ticket. v Shelley as vice president and director of their organization. MARCH 29, demand | U 1937. (. & 0. EARNINGS MOUNT SHARPLY Revenues Total $135,538,- 279, Against $114,024,686 in Previous Year. By the Assoctated Press. NEW YORK, March 29.—Chesapeake & Ohio Railway Co., in its preliminary report for 1936, showed total operating revenues of $135,538,279, against $114,- 024,686 in 1935. Freigit traffic yielded $127,330,561, compared with $106,- 794,756. Passenger business totaled $3,382,191, against $2,850,875. As previously reported net income for 1936 amounted to $43,790,002, equal to $5.72 a share of common stock, against $31,039,848, or $4.05 a share in previous year. W. J. Harahan, president, reported conversion during the year of $93,900 of 6%, per cent cumulative convertible preferred stock, series “A,” into a like amount of common stock on a basis of one share of preferred, $100 par, for four shares of common, par $25. McKesson & Robbins. McKesson & Robbins, Inc., reported for 1936 consolidated net income of $3,286,614, equal after preference divi- dends to $1.32 a share on 1,282,983 common shares. This compares with $2,029,359 or 34 cents in 1935. The company, maker and wholesaler of drugs and drug store supplies, has | plants at Bridgeport, Conn. Continental Oil Co. Continental Oil Co. earned net profits in 1936 of $9,612,596, equivalent to $2.05 a share on the capital stock, according to the annual report, made public today. Earnings for 1935 were $8,813,560, or $1.88 a share. The com- pany, with headquarters in New York, owns properties in Oklahoma, Kansas, Texas, Colorado, New Mexico, Califor- nia, Montana, Wyoming, Arkansas, Louisiana and Arizona. Niagara Hudson Power. Hudson Power Corp. in 1936 totaled | $5,955,427, equal to 68 cents a share on the common stock, the company | reported today. In 1935 net income The company upper New York and Ontario and has headquarters in New York. Omnibus Corp. Omnibus Corp. reported for year ended December 31 consolidated net income of $782,522, equal after dividend on preferred stock to 34 cents a share on the common stock. This compared with 1935 net income of $814,549, or 51 cents a common share. Statement covers only wholly owned subsidiaries —Chicago Motor Coach Co. and Gray Line Sight-Seeing Co. of Chicago. UTILITY PROFITS GAIN. CHICAGO., March 29 (#)—United Public Utilities Corp. and subsidiaries reported 1936 consolidated net income of $275,155, compared with $144.652 as adjusted in 1835. Gross operating revenues increased 9.5 per cent to $3,- 796,082, Consolidated net income of Niagara | | was $4,386,816, or 50 cents a share.| serves communities in | FINANCIAL. ek A--13 Continental Oil Shows $9,612,596 Profit for Year BY the Assoctated Press. PONCA CITY, Okla, March 29.— Net earnings of $9,612,596 after de- preciation, depletion and taxes, equiv- alent to $2.05 a share, were reported for 1936 by the Continental Oil Co. The report sald it compared with $8,813,560.93 for 1935, or $1.88 a share. During 1936, dividends to stockholders amounted to $7,023,635, or $1.50 a share, compared with dividends of $2,926,536, or 621 cents a share in 1935. The company also paid a cash bonus to all employes last year. Gross operating income increased 9 per cent to $75,762,304, a gain of | $6,261,056 over 1935. The report placed crude oil pro- duction at 17,973,552 net barrels, as compared with 15247952 in 1935. | Listed as major additions to manu- facturing equipment were cracking and crude distillation unit at Balti- more, Md.; a cracking unit at Artesia, N. Mex,, and a bari-sol plant for the processing of neutral oils at Ponca | City, Okla. U. S. TREASURY POSITION. By the Assoctated Press. The position of the Treasury March 26: §.868.837.34; expenditures, | 0826 balance. $1.775.528 NEW YORK BANK STOCKS NEW YORK. March 20 counter market bank and tru; —opening bid and asked prices Bid —Over-the- companies Bank of Manhattan (1'2) Chase (1.40) City (1) Commercial (&) First National (100) Public (11, Bankers' (3 z Brooklyn Trust (4) Central Hanover (4) emical (1.K0) n C Irving (.60) 17% Lawyers' Trust 3013 Manufacturers” Q0% Title Guaranty & Trust. - '15% RUBBER FUTURES. NEW YORK March < ber futures opened firm March_unquoted+: May’ 26.48-50. September, xpires at noon. 5.46-45. FIRST TRUST LOANS Long-term REFINANCING Lowest Rates . . . 3-Year struction Loans . . . 3% BOSS & PHELPS MORTGAGE CO. Loan Correspondent John Hancock Mutual Life Ins. Co. 1417 K St. N.W. NA. 9300 Con- ustoms recelpts for ‘thie ‘month, | 60),456.56. Recelpts for ' the fiscal year (since .vulv 0.444.70; expenditures. $ )74, including 2 2.05. of emergency_expendit of upmdnuru s1 dent. & 9 under. the ‘brevious 1.544.691.63 _of inactive gold day mu assets including 85 OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE || Desks Steel Files Tables Steel Cabinets || Chairs Safes BAUM’'S FURNITURE HOUSE 1416 Eye St. N.W. Phone NA. 2184 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 In deno First Mortcace Loans District of Columbia— Nearby Maryland— 5% Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. Incorporated MORTGAGE LOAN CORRESPONDENT New York Life Insurance Co. 1321 Conn. Ave. N. DE. 3600 Homes Apartments Business Properties 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 MONEY TO LOAN ON REAL ESTATE at 59, Monthly Payments if Preferred Our Real Estate Officers Invite You to Confer The WASHINGTON LOAN AND TRUST COMPANY Member FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE ON IMPROVED plication fo! No charge is not made. balance of p: i Pe ALL THE ELEMENTS OF A SOUND INVESTMENT FIRST MORTGAGE NOTES Ample security locations where values are increasing. These combine to make SHANNON & LUCHS FIRST MORTGAGE NOTES a preferred in- vestment security, especially liberal earnings. For Purchasing a Home c. RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on ®asy Monthly Payments MIMBER BUILOING ASSOCIATION COUNCIL NATIONAL rrriarieril BUILDING ASSOCIATION UNDER “SUPERVISION U.8. TREASURY Q49 NINTH STREET, N'W. 5% to protect the Principal . . . in in view of the minations of $250 up SHANNON & LUCHS Members of the Washington Real Estate Board 1505 H St. N.W. OAN Realtors NAtional 2348 D. C. PROPERTY ‘Immediate attention on your ap- r buying, rebuilding or refinancing. Loans payable monthly. fo, appraisal if loan Interest charged only on unpaid rincipal. EQUITABLE CO-OPERATIVE BUILDING ASSOCIATION 915 F STREET N.W. Organized 1879 Consider These Facts When You Wish To Arrange A REAL BSTRATE LONN on improved or to be improved real estate— as low as - $7.50 " per thousand per month™ L4 offi including interest and the curtail . . . No commis- sions . . . No renewal PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United States. PERPETUAL has over 55,000 bor- rowing and savings members. PERPETUAL'S Board of Directors p in close contact with the cers and materially assist in speedy handling of loans. fees. Let us help you solve your problem with a Perpetual loan. BUILDING ARTHUR G. BISHOP Chairman of The Board PERPETUAL'’S regular examinations by the U. S. Treasury Dept. are sup- plemented by special C.P.A. audits as well as its own Auditing. staff. PERPETUAL has always had a rep- utation for sound, fair appra Over 200 borrowers per month were advanced loans last year, totaling over $12.000.000 for the year. ls. PERPETUAL ASSOCIATION 11th & ESTREETS,N.W. ESTABLISHED 1881 Largest In Washington—Assets Over $43,000,000 MARVIN A. CUSTIS EDWARD C. BALTZ President Secretary