Evening Star Newspaper, March 30, 1937, Page 19

FINANCIAL. THE EVENI CURB LIST MIXED INNARROW RANGE Few Selected Industriais and Utilities Improve. Losses Recorded. BS tre Associated Press. NEW YORK, March 30.—A few selected utility and industrial share advanced in the Curb market today, but the list as a whole was unevel and price changes narrow Consolidated Gas & Electric of Bal- timore added more than a point, as did Jones & Laughlin. Fractional gainers included American Cyanamid “B,” Electric Bond & Share, Creole Petroleum, United Gas and Lake Shore Mines Off by fractions to as much as a point or more were Pepperell, Pitts- burgh Plate Glass, Atlantic & Pacific and American Gas & Electric. Ll e BY the Associated Press. CHICAGO, March 30.—Led by a late sharp advance in May corn, which rallied almost 4 c from early bot- tom figures, €8 d other grair today more than ame rial losses. Wheat price ings were aided crop advice particular from where progress reported as u An abrupt change of market posi- | tion by traders who were short of corn to meet May delivery contracts was apparent At the close, corn was above yesterday's finish; 1p; July, 1.15%g-%: wheat, 7x-1!, ad- vanced; May, 1.44-1.4415: July, 1.29! 3¢, oats, %-1°% up, and provisions, 6 to 25 cents down WHEAT— Open. I upturns in la 1- by ese advices came in Germany and It »{ Winter crops was tisfactory 75-2% cents May, 1.213%- 16.60 Chicago Cash Market. Cash wheat, No. 2 red, 1.48: No. hard, 1.483;: No. 2 mixed, 1.45%: 5 mixed, 144: corn, No. 3 1.25a! No. 4 yellow, 1.217. 3 white, 1.29'.a%;; No. 5 white, 1.21 oats, No. 531;a54; No. 2 white, 521.a: 3 white, 521,a53; 3 yellow, 1.64 74, nominal; malting, 1.00a30, inal: timothy seed., 4.75a5.50 clover seed, 30.00a36.00 cwt a65; barle; nom- cwt.; Hllhmmp o.mm ns N BALTIMORE "3 5 Wheat Mo smardo 10134 10l 90%5 Doy i 106 007s H01, 1069 10635 104 ° 104 L 100 Emp OSR Fed Wa Florida 54 3ary E&G o5 41 st Xw tineau Pw 5s_ "5t Pb U Gius 51 A Georgian Glen A.mm cl Gran Wi Z 100 10014 7634 105504 NYP& + Ro Ty B 4t Northw P 8§ Ogden, G Benn 2104 Eenn O E s & 1083 a6 2 s ol s Wi P& 555 R 9 FOREIGN. 25 41 A 98%s 55 '61 §f Guban Te 7 n R M B 102 98% 181, 953 953 05% 6! 69 69 xw-——Without war- 63 4s 55 Unit El Sve 7s '56 A Fw—With warrante, “fiq st (stp)—Stamped, eaotiabiiity {sapalred by macurity. Companies reported in receivership, 3 bullish European | 4| ¥1deno Brewery 2:30 Stock and_ Sales— Dividend Rate. Add 00. High. Acme W vio (2)__ 508 47§ Aero Supply (B).. 2 5% Agfa Ansco ESR T Alnsw'th MCb25c 1 18 Air Investors Inc. 1 44 Afr Inv Inc war 1 Alatam Pw pf (7) 10s 17 Allen Indus (t1) 1 23% Alles Fisher 1 3% Alum’n Co of Am 2508 170 Alum Am pfall3 100 118 Aluminum Ltd . 100s 134 Am Afrlines Inc 2 28% Am Beverage __ 1 3 Am Book Co (4) _ 10s 68 Am Box Bod (1) 819y AmcitPxl Haz0e 1 5l Am Cynam B t60c 9 32% Am & For Pw ww 12 8lg Am G&E (1.40) 6 37y Am Gen C’p tafifc} 1 11% Am Hard Rub(al) 60s 24% Am Seal Kap a%0c Am Laun’y M 80c_ Am L& T (11.20)_ Am Maracatbo __. | Am Superpower _ Am Thread pf 25¢. Anchor Post B . Angostura (+20¢). 2 Angostura-W rts_. 10 Avex Electric(al) 1 84 Appalach E P pf 7 1608 106% Arcturus Radio T 7 Ark Nat Gas 10 Ark NatGeupf__ 38 | Ark Nat Gas (A)_ Asso Gas & Elec As<0 G & E (A) Ashland O&R r40c Atl Coast Fisher Atlas Corp war Atlas Plyw'd (11 Austin Silver 18 Auto Products 3 Auto Vot Aeh 50c 1 Axton-Fisher (A) 60s Babcox & Wil (4) 1758 Baldw L hd rrs(d) 20 Bardstown Dist__. I Barinm Stain Stlo | Baumann Co (L) _. | Bell Atrcraft Rellanca Afreraft. l Berkey&Gay F Co Berk&GF pur war | Bickfords pf(2%) 508 | Bitss Co (E W) ] Elue Ridge cv of 3 ! Blumenthal 8 - Bower Roll B (2)_ Bowman-Biltmore Bowmn-Rilt 2d nf Breeze C Ine Brid'n't Mch b2 Brillo Mfg (80¢c) - Brill Corp pf MBrown Co pf 1414 190 11 65 584 § 13 1 ff N 24% nker H & S(b1 )lSfl. 135% na Ltd b16'se 5% 1 Prod-yte Wire(A) | Canle& W of a20c “ar&Fdry of | Can Hyvdr E 1st pf Can Marcont “arib Svndicate _ Carnegie Metals Caro L&P pf (6)__ 10s “aro L&P pf (7)-_ 708 Carrfer Corp - 1 Carter (JW) 80c_. 1 Casco Prod b2% _ 1 Castle A M&Co t3_ 1 | Cattin cart caziey 4 Celanese 1st pf +7 1008 113 Cellul'd Clst pf a8 50s 103% | Cen PRL pf3.06% 508 91 Cent & S W Utl Cent States Elec Centrif Pipe t40¢ Chesebroush (74) Chi Flex Shaft (4)100s Chi Rivet & Mach 2 Chiet Consol Childs Co pt Cities Service Clties Service pf iy Anto S(rhie) Clayt'n&Lam blje Claude Neon Lts Clev Tractor - Clinchfield Coal . Club Aluminum_ Colon Dev Ltd | Colon Dev 6% pt Colo Fuel&Ir war Colts PFA b37%c. | Colum O & G a20c. | Comwlth Edis 4 Com wlith & S war | Community PS t1 Comno S M ste 1. ComSM ste vt t1. | Cons Atrcrart Consol Conper C GELt&P Bo 2 60 Consol Gas Util | Cons Min&Sm | Conso! Retatl Strs Consol Stesl Corp Cont’l G&E pr pf 7 | Cont'l Roll & S Fy | Cooper Bessemer. | Covper Range Cord Corp Coaden Ol Me (8) Cosden(Me)pt(d) Creole Pe’ (a50c).- Crocker-Wh al0c_ | Croft Brewing _ | Crown Cent Pafe 12 234 Crown Dr (b20c) 1 44 Curtis Mfe (b75¢) 508 181 | Cusi alex Minine 41 3% | parby Petr (50c). 8 15% | Dayton Rubber 7 21 | Dayton Rub A(b2)100s 31} | Dennison 7% pf 608 7i34 Derby Oil & Ref 1 6% Detroit Gasket t1. 4 1i% Det Grav (r t20c 164 Det Stl Prod b2ic. Domin S&C (13) ow Chem (2 40) Duro Test (b10c)_ Duval Tex Saste Eagle Pitcher bl0c Hastn GRE Aso Iidison Bros § (3) iisler Eiec (asc) Elec Bond & Share Klec B &S pf (6) El Pwr As(A)a25c Elec P&L 2d pf A 208 Elec Shareholding 2 Elec Sh pf ww (6) 1258 szv Electrol Inc v.te.. 2 Emp G&F 6% pf_. 258 69/ Emp G&F 7% pf__ 50s 7544 Emp G&F 8% p?__ 608 179 Emsco Derrick t1. 2 16% Equity Corp(a25e) 6 234 Evans Wall Lead 8 2% Bxcello Air(b20c). 7 26 Lairchild Avalbe. 1 7 alstaff Brewing 1 103 Fanny Farm C(1) 2 224 Ferro Enam b! 6 367 | Ferro Enam rights 26 3} 19 % Fisk Rubber B 173 Fla P & L ot 1508 49 Ford Ltd al181-10¢c 1 5% kord (Can) A (1) 9 27 Franklin Ray af0c 1 113 Froedt G&M(20c) 1 18% 2 4 2 20 68 9134 1 19% 2 49 4 373 L 6 33 25¢ bl 67‘/. Cn \ilove Gen Fireprig b2sc Gen Ou Ad pf bllg Gen Tele C'p al 35 Gen Tel cv pf (3)- Gen Tire & Rub . Glen Alden C (1) Godchaux Sug(B) Goldfield Consol Gorham Mf vtc t1 Grand Natl Films Gray Tel P8 (1)_. Gr Rap Var(t60c) Grt A&PTn v 16 Greenfleld T & D Gulf Oil (Pa) b260 3 663 Gyp Lime & Alab_ 10s 153§ Hall Lamp (30c) 1 6 Hartman Tobacco 2 23 Harvard Brewery 11 24 Hazeltine Cb7sc _ 1 16% Hearn Dep Sbl 65 1 16% Hecla Min (b20c) 16 203 Helena Rubenst'n % Heller (WE) t40c 7 Hevden Ch (t2) Hollinger (t65¢c) . Hudson BM&S 1) Humble Of1 (1%). Hussm'n Lig (1) Huyler's(Del)(d). Hygrade Food 11 Pwr & Lt $6 pf 200 IMP&LE6% DL M)D; 1 40¢ 110 1 143 6 4 i 1 4 7 5 8 1 1 . Imp Of1 Litd t50c._ Imp Ofl reg (t50c) P / Low. Close. a4 534 27 18 % 1 i 234 3 165% 118 181 4134 534 27 18 10% | 2% 4 74 | 1n 31 26'% 34 P 104 36 189 3% 4y Stock and Sl)z Imp Tob Can t40c Indlana P L(b30c) Int H E Sep A war Int] Petr (t13) intl Produets_ Intl Uth (B) = Inti Util war new. Intl Vitamin(50c) Lrving Air Ch (1) Jacobs(FL)Co(1) Jeanette Glss aflc JerCen P&Lpf 5% i | Jer Cent P&L pf 7 Jonas & Nbg blbc. Jones& Lauxh Si1 Kans City P S vte Kingston Prod 4l Kirby Petrol (20c) Kirkland I. G (6¢) Kobacker S (b1)_. Kovpers pr (6) Kreuger Brew t1_ Lake Sh M (14) _. Lakey Fy & Mach. Leh Coal &N 30¢c._. Leonard Oll Lion Of] Ref (1)__ Locke St1 Ch t80c_. Lockheed Afrcraft Lone Star Gas 80c Long Island Ltg - Long I L pf A(T) Long Isl Lt pf B 6 Loudon Packing_. La Land (40c) ._. McCall Fr pf (6) | McWilnams D (12 | Majestic Ra&Tel Marion Steam Sh | Mass Utll Associa | Massev Harris Masrer Rlec (1) Mead Johnson (3) Merc Stores (b3) - Merritt “hap & S Mesabi Iron Mex-Ohio O11 Mich Bumper C Mich Gas & Of1 Mich Stl1 T P b25c.. Mich Sugar Mid Sta Pet (A).. Mid Sta Pet (B) - Mid-W AhrasalOc Midwest Oil (t1) .. Mining Co (Can) .. Mock Judson 60c.. Molvbdenum Corp Montana Dak Util. Mont Ward A (7) Moodv's nt of (3) | Moore € Ltd btoc | Moore C'p 7% pf A Moore Dist (T.0¢) Mount Prod ey | Mount St T&T(8) | Murray (Ohio)b30¢ | Nat Bella Hess 4 | Nat Contatn asoc_ | Nat Fuel Gas (1) | Nat Leather | Nat Rub Mch a20¢ i Nat Service N Eng Pwr Asso New Jer Zing (72) New M&A 1.dalc Newmont Min b75¢ N Y Tel pf (63) N'Y Water Sve pt Niag Hud Pwr new Niag H P(A) war Niag Hud 18t (5) Niag Sh Md B a60e Nipissing (60c) | Noma Elec (b40c) |North Am L& P | North AmL&P nf No Am Ray A b50c No Am Ray B hio0c Norto o kairar i Northern P L Tjc. Nortn States b A Northw Engialls | Novadel Agene(2) Ohio Brass B (11) OKla Nat Gas Co Okla Nat Gas pf Okla Nat G pf(6). Utdetvime Oistil Overseas Sec 60c.. Pacific Ltg pf (6) Pac P & L ptal0ls Pac Public Service Pac P S 18t pf 1.30 Pantenec O PeninsularTel 1.60 Pennroad azsc) Penna P&L nf (1) Penna Salt (b13) Penn Traff (t15c) - Penn Wat & P (4) Pepperell Mfg 16 Perfect Circle t2. P’hoenix Secur Phoenix S pf A(3) | Pines Wintfrt(n) | Pioneer Gold b10c | Pitney Bow(ts0c) Pirtstgn Forging Pitts Plate G (b1) Potrero Susal Powdrell&Al T60¢ Premier Gold t120 Pressed Met (12)_ Producers Corp _. Propper-McC (d) - Prosverity Ball Prudent’] Inv a50¢ Pub Sve Ind pt Pub Sve Ind pr pf. Pub Ut See prpf . Pug Sd P&L pf b5 Pug S4 P&L $6 pt Pyrene Mfg a90c- Quaker Oats (5) .. Quebec Power (1) Rainbow Lum (B) Raym’d Cone (1) Raytheon Mfg vtc Red Bank Reed K B new t80¢ Reeves (Dan) 50c. Keiter-Foster Reybarn Co a25c.. Reynolds Inyest Rice Stix DG b50c Richm'd Radiator Rossta Intl Corp .. Root Petrolm(1)_. Royal Type b75c_. Rustless Ir&Stl _. Ryan Consolid’d Ryerson & Haynes St Lawrence Corp St Lawrence C pf- St Regis Paper St Regis Paper pf. Sanford Mills (4) Schift (The)Co(t3) Segal Lock & H Seiberling Rubber Selected Indus Sel [nd all cfs 6% Select Indus cv a2 Seton Leath ab0c Seversky Alrcraft Shattuck Den Min | Simmons Ha & P | Singer Mfg (16) Sinzer Mfg Ltd rcts (a28 4-5¢) Smith (H) Paper. Sonotone ¢ (aluc) Soss Mfg (a2bc) .. SoCal Edof B1% Spanish&Gen rcts Spen Chain St 60c Stand Dredging 8tand Inv cum pf. Stand Ofl Ky (t1). Stand Ol Ohto t1. Stand Pwr & Lt Stand Prod (b26c) Stand S11&Ld (4c) Stand St1Spa2i_ Stand Tube (B) .. Starrett Corp vtc. Sterch! Bros a30c Sterchi B 2d b25c Sterl Alum Pa 76¢ Sterl'g Brew a75¢ Sterlinx_ tnci20c) Stinnes(Huzo) d Stroock & Coa2% Stutz Motor Sullivan Machine Sunray Of) (allc) Sunshine Min (8) Swiss-Am Elec of Taggart Corp Tampa El (2.24) __ Tavlor Dist (30c). ‘Technicolo: 0e_. Tech Hughes t40c Texon O1] & L 60c Thew Shovel a50c Tilo Roof Ine (1)- Tob Prod Exp 160. Todd Shipyd (12)- 'NEW YORK CURB MARKET By private wire direct to the Star. 5— Dividend Rate. Add 00. Ins Co of No A t2 2508 Iron Fire vte 1.20 100s 3 1 1 258 108 2 2 8 12 12 2 0 * Coans - = o w =1 62 Met Tex pt pf t3% 1008 21 2 208 Montr HLt&P 1% 100s 258 1758 108 1 1 5 86 1508 100m 1 1 1258 108 T 2 508 6 . 2 3 1008 2008 4 1008 258 5 2 508 108 5 1 35 1008 4 108 258 1 3 1258 508 14 108 508 508 258 508 2 408 258 508 80 268 108 i 15 19 1 508 Sel [nd pr pf (5% 12008 1 8 3 2! Sherwin Will (4) .300s 1 308 1 258 1 1 1 7 2 Square D pf A 2.20100s 1 508 5 6 3 8 1008 . 1 &0s High. Low. Close. 143 . 14% 1434 Uy 66 14 NG _STAR, WASHINGTON EXPENSES JUMP ATAUTOPLANTS Retail Price Likely to Hold, At Least Until 1938 Models Appear. Spectal Dispatch to The Star. NEW YORK, March 30.—Labor un- rest has already increased automobile manufacturing costs, although the evi- dence indicates that present retail prices will be maintained at least un- til the 1938 models are introduced, ac- cording to a new report appearing in| Poor’s Industry and Investment Sur- | veys. “Direct labor cost approximated $138 per car last year, and it is now approaching $150 a car,” continues the report. “Furthermore, pay increases have been granted in indus' “ies which provide automobile manufacturers with . major portion of their raw ma- terials and parts. Although there may be some lag in passing these increases along, higher material prices must be expected eventually. “Meanwhile, profit margins are be- ing cut down. As an example, Chrys- ‘!% 154 247y 4% 6% 52 % 1% 353 1 8 m. 149 24 2% | 12 u.- 1.‘. 55 143 3234 89 3% 126 18 51% 1 | total. | annual 1=r's net profit of $58 per car in 1936 | will be reduced about 20 per cent as a result of direct pay roll increases alone | “Fulfilling expectations, the automo- bile industry in 1936 establisied a pro- duction record second only to 1929, an increase of 12 per cent over the 1935 This marked the first time in seven years that production passed the average output of 4,365,000 units, established during the 1923-9 period. “Moreover, consumer demand for automobiles continues strong. Sales in January and February ran well ahead of the corresponding months of last year, and many dealer: have been building up stocks against a ‘Spring rush’ of buying. Early e mates placed 1937 production as high as 5,700,000 cars and trucks, slightly greater than the 1929 peak of 5,622,00C units. How= ever, such estimates seem overopti- ‘| ne said mistic, irrespective of labor difficulties | which have already curtailed aggre- | gate production by at least 200,000 | units so far this year. The .na' figure | for 1937 may well be nearer 5,100,000 units, a 10 per cent increase over the | volume of 1936.” CROSLEY TO OPEN NEW YORK STUDIO Company Does Not Plan to Com- | pete With National Networks. Fire Loss Revealed. B5 the Assoctated Press. CINCINNATI, March 30.—Powell | | Crosley, jr., president of the Crosley ! T Radio Corp., told the annual stock- holders’ meeting today that the com: pany had arranged to operate a New York studio with wire connections to Cincinnati. | “We are not starting this with the | idea of its being another network competitive with other national | | systems such as National and Mutual,” | “It will enable us to render better service to advertisers and ad- vertising agencies in New York.” He reported ‘“steadily increasing volume” in the company’s broadcast- ing activities. Crosley estimated the company’s loss | from the fire that destroyed its build- ing January 24 at approximately | $500,000, fully insured. The flood and fire, he said, caused the company to fall “considerably behind” in its last year's production in refrigerators. All directors and officers were re- elected. Stock and Sales— Dividend Rate. Aad 00 Toledo Edis pt (6) 508 Tr-Lux DPS t20c 1 Transwest Oil Co TirContt C war plex S G (new)- Lutize Chatiiion. Tubize Ch A (bl). rung-Sol Lump n_ Tung-Sol L pf 80c Ulen & Co 7% % bt Un G of Can adbc-. Unit Alr war United Corp War.. Unit Gas Corp Utd Gas war..._ United G C pf bl1% Unit Lt & Pw (A) Unit Lt & Pw of Utd Milk pf (13)..250s Unit Molass b11% 1 Unit Shipyds B 1 Unit Shoe M t2% 1758 USFoll (B) (1) 1 U S Lines pf U S Radtator U S Rub Reclaim_ Unit Stores vtc - Unit Verde Ex (1) Unit Wall Paper Utilities P& L (4) UtilP&L B (d)__ Utlity Equities Utilities Indust’l_ Utility & Indus pf Valspar vte Venezuela Mex O Venezuela Petrol._. Walker Mining Wayne Knit Mills. Wayne Pump (500 Well't'n Oil of Del Wentworth Manuf 28 West Tex Ut pf(6) 108 W Va Coal & Coke 2 westn A E (a2bc) 1 12 West Au Sup A 14 2508 87 Wil-low Cafeteria 1 1 1 Willson Prod (t1) 13% Wilson Jon a2% 6234 Wolverine Port C 6 Wolver Tube b20e 1674 Woodley Pet t40c_ 1054 Wrizht Hare T40e % ¥gstn Stl Door(2) 8%y 8% T84 Yukon Gold(al3c) 5 4 3% 8y Dividend rates in dollars based on last quarterly or semi-annual payment. fAn- nual _rate—not including extras ~ tAc- cumulated dividends, a Paid last year. b Paid this vear. d Companies reported as being in bankruptcy or in receivership, or being reorganized under the bankruptcy act. or securities sssumed by such com- panies. High. Low. Close 1025 1023 1023 1 2 2 1 2 5 1 2 1 1 1 7 6 2 3 4 i 35 54 14 4 84 34 2% 3% % 434 1% 7% ”2 5 PR NN LN R we 1 i 3 2 3 104 4 1 reduction in excess stocks, lE N D BOINDEXTER “Notavy D. C, TUESDAY, MARCH 30, 1937. FINANCIAL Cotton at 15 Cents a Pound Is Highest Since Early 1930 Price of Zotton—Monthly Averages, 1923-1937 prices March, 1937 June, 1932, 5.30c e ek Kk NEW YORK, March 30 silver firmer, up % at 45%. A—19 NEW YORK BAR SILVER. (). —Bar Real Estate L financing Loans @ Mortgage Loan Corresp: MASSACHUSETTS M LIFE INSURANCE 1505 H St. N.W. 3% » 52% Business Property and R dence . . . Construction or Re- SHANNON & LUCHS|| Natl. 2345 ondents UTUAL co. OUR Insurance Depar to discuss with you 1923 1924° 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 193 POTATO GROWERS FEARS DELAYS DUE TO COLD BY the Assoclated Press. PRINCESS ANNE, Md., March 37 - Cold weather in the last few days has delayed the planting of some crops on the Lower Eastern Shore and has aroused worry in the minds of potato growers who fear their harvest will be delayed. ‘The potato planters said their crop is grown in competition with North Carolina and Virginia potatoes, and that a delay of as much as a week in growing them may glut the market and force prices down. Extensive acreage of early white Irish potatoes has already been planted, especially in the districts along the Pocomoke River in the Rehoboth district and in Dublin and East and West Princess Anne. OFFICE EQUIPMENT WE SELL, BUY OR EXCHANGE Desks Steel Fi'es Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Eve St. NW. Phone NA. 2184 STATEMENT OF ;r‘}izz “CONDITION OF Virginia Auto Mutual Insurance Co. Of Richmond. of the State of Virginia, at the cloze of business on the 31st day of r)uember 1938, as required under Section of the Code of Law for the District of | lumbia INCOME. Net_ premiu fnterest and Tents Other income -.--$166.298.19 32874 Total income Bissursenents * Net amount ~ paid policy- holders for losses s20 All other disbursements Total Bonds and stocks Cash in compg) Deposits in ba Premiums in lection disbursements ASSET! course “of col- 108.905.71 | Interest and rents due or ac- crued All other assets Gross assets Deduct assets not admitted Total admitted LIABILITIES. Total unpaid claims Total unearned premiums: Other liabilities __ Surplus over all liabllities.. Total NET PREMIUMS WRITTEN DURING District of Columb assets Total Auto liability 40 Auto fire Auto theft Auto property damage Auto collision Cargo Totals $110.4 S166.298 19 8929 60 SCAR L %HE“\{AKF’ President HARDY. JR.. cd-ang sworn (o pefore me this ay ‘of "March (Seal ) Public mission_expires July 20. 1940 STATEMENT OF THE CONDITION OF _ The Century Insurance Co., Ltd., Of Edinburet scnlland on the 31st day of Decembe: 3¢5, as required under Sec- tion 647 of the Code of Law for the Dis- trict of Columbia NCOME. Net premiums Total interest and rents_ Other income S come Total income CSTh ISBURSEMENTS. Net amount paid policyhold- ers for losses All other disbursements____ Total disbursements ASSETS. Real estate Mortzage estate Gollatera! loans s and_stoc! Cash i company loans on and rents due or Interest accrued __ All other assets Gross_asset Deduct aswets not admitted-— Total admitted assets LIABILITIES. Net unpaid claims Total unearned premiums Qther liabilities Deposit capita! SSPoNE Sear Sl Tiabilities - 1 Total __ 3,013,880 84 NET PREMIUMS WRITTEN DURING THE YEAR. District of Columbia Fire __ Ocean marine Motor vehicles Earthquake Inland navig: tion and trans- portation Tornado, wind- 50.681.76 Hail = Sprinkler leakage 320483 Riot, civil com- motion and explosion —— $1.119.254.1 6.56 WILLIAM A {HeCONNELL, United States Menager, Subscribed and sworn to before me this lgth day”of February. 1937, (Seal.) YRIL GILLESPIE. Notary Public. Rotary. Puble.Kings ' county. Clerk's No. 498. _Register's No. 7140. Certificate filed in New York County. Clerk's N 267. Reglster's No. 7G12z My commis- sion expires Mercl GEORGETOWN BEA!LT}’ & INS. CO., INC.y e 9 Wisconsin Ave. N.W. sc N 121 ‘Washington, D. C. t 2438, “THE WORLD SUGAR SITUATION” This firm has prepared an original report entitled *The World Sugar Situation,” which timely subjects as probable benefits of the World Conference of sugar producers to be held in London on April 5th, present near depression low world prices for sugar, existing curtailment of production, the sharp 1scusses such prefercnml t>-'ffs, and in- creasing sugar requirements in the open wotld mar- ket. ( Copies of this report are available to customers and other accredited individuals through this office. FENNER & BEANE Members NewYork Stock Exchange and other loading Exchangs Southern Bldg., 15th & H Sts. N.W. National 7000 HOLDERS TO GET OFFER. NEW YORK, March 30 (#).—Stock- holders of Bridgeport Brass Co., record April ., will be 0.. -ed the right to subscribe for 185398 shares of stock at $15 on the basis of one share for each four held. The offer is sub- of | St. 50 TONS OF LEAD SOLD. NEW YORK, March 30 Joseph Lead Co. reports that 50 tons of pig lead from Southeast Mis- | souri mines were sold yesterday at | $6.85 per 100 pounds St. 1937 Insurance problems. Liability (#).—The Randall H. Hagner Incorporated Real Estate—Loans—I Louis. ject to the effectiveness of a registra- tion statement filed with the Secur- ities and Exchange Commission. Property Management flOU'LL find our Property Management Service such as will relieve you of many responsibilities— and minimize much of the present expense. B.F.SAUL CO. 925 15th St. t'l 2100 Mortgage Loans CONTINENTAL furor: COMPANIES zzmgo REAL ESTATE LOANS RESIDENCE and SMALL BUSINESS PROPERTIES. FRED T. NESBIT 1010 VERMONT AVE. DISTRICT 9392 5% SAFETY MONEY BUILDING AND REFINANCING [ TERMS AS LOW AS $1.50 PER $1,000 PER MONTH PRUDENTIAL BUILDING ASSOCIATION 1331 G St. N.W, Suite 304-5-8 1321 Conn. Ave N.W. INSURANCE THE PROPER kind and amount of insurance is vital for FULL PROTECTION has the facilities for cover- ing all types of risks, ex- cept life We would be glad Burglary—Windstorm—Fire Furs and Jewelry Tourists’ Baggage (all types) Plate Glass—Automobile Workman’s Compensation tment your & Co., nsurance DE. 3600 T e AR T = refinancing loa Amortlzecl Loans for buying, building or ns on your hcme made under Federal Title 2 This bank has Housing Act, made over $2,000,000.00 of # these loans. Thorough Protection = § COMMERCIAL 9th and G Sts. Dist. 6270 Strength Stability Service STATEMENT OF THE CONDITION OF THE Continental Assurance Company of Chicago, IIL, on the 31st day required under Section 647 o of December. 193 (e Code of Law for the District of Columbia INCOME New premiums premiums department pre- Total premium income Total interest and r Other income Total income DISBURSEMER Net amount paid for iosses and matured endowments $1,367 Other payments to policy- holders All other disbursements _ Real estate 3 Mortgage Collateral Toams- Folicy loans and nremium Bonds and_ stocks” Cash in office __ Deposits in banks z Total interest and rents due and_accrued Net amount of uncollected and deferred premiums All other assets e Gross assets__ $: Deduct assets not admitted Total admitted assets S LIABILITIES Net reserve, required by Taw Other policy reserves Total policy claims Other liabilities— Miscellaneous liabilities General contingency re- serve S Capital paid up Unassigned funds (surplus) TOtl ool Amount of ordinary busi- mess written during the, 4,086,392.13 [ $19.533.828 80 0 308.03 500,000.00 Amount™ ot ordinary busi- ness written in the Dis- trict of Columbia during the year Amount of industrial busi- Dess written during the Amount of !ndustrlul busi ness written in Trice of Copumbte during the vear| 328,402.00 R 1. JOHNSON. Vice President. R D WEH BRENVER. Secretary. Subscribed and sworn to before me this 23rd day of February, 1937. (Seal.) EDWARD K. BACHSCHMID ROBERT F. DEARDUFF NORMAN H. DRAKE GEORGE L. HAINES HELEN V. BARNHART A. J. BIBB F. B. BIGGS GLADYS H. BRADEN JOSEPH B. BURNS NORWOOD W. CROW DONALD F. MORRIS Nota: 1)y commission expires December ry Public 21, STATEMENT OF THE CONDITION OF THE Continental Casualty Company, General Offices: Chicago, Il., on the 31st day of December. 1#3b. a5 required under Section 647 of the Code of Law for the District of Columbia INCOME. Other 'meome o Total tncome Net holders for 5 All other disbursements Total amount disbursements ASSE] Real estate Mortgage loans on real estate __ A Collateral loans __ Bonds and_stocks Cash in company Deposits in_banks_ Premiums in course of col- lection Interest and rents aue or acer A Giner asets Gross assets Deduct assets not s Total admitted assets $29.01 LIABILITIES. Total unpaid claims $10 Total unearned premiums Other liabilities Capital paid up > Surplus over all liabilities ‘s office 3.411.401.31 149,083.56 765,008.94 Total A NET PREMIUMS WR THE YEAI otal Accident Health N o ncancellable accident and R4 743,908.94 4,19 1,889,060.74 Workmen's compensation Fidelity Surety Plate glass Burglary heft and the! Steam boiler _ Machinery 1,247.361.81 i 43195815 15.046.45 87413 than 73,123.88 113.91 Totals $18,893,261.35 $241.520.86 WILLARD N. BOYDEN, Vice President. F. 1. HOOPER, Assistant Secretary. Subscribed and sworn to before me this 8th day of February, 19 (Seal.) auto M. WILSOX Notary Public. My commission expires December 10. 039, EUGENE G. ADAMS Jounson & ADaMs Southeastern Managers L. E. HANSON JOHN H. LEDGER HARRY G. PITT WM. F. RAYMOND BEN ROSENFELD RAYMOND W. SHORT DON W. SWAIN E. W. TEST D. E. WINSTEAD E. R. WHITE Edmonds Bldg., 917 15th St. NN'W Telephone NAtional 9112 Agency Openings Available—Investigate Our Facilities for COMPLETE Personal Coverage— Life and Accident and Health. SECURITY SAVINGS AND ; BANK N.W. 1518 K Street N.W. i Member Federal Deposit | Insurance Corporation. i