Evening Star Newspaper, March 31, 1937, Page 17

Fluwawcelabl., *CURBILIST MOVES TOHIGHER LEVELS Oils, Utilities, and Metals Prominent in Market Upturn. By she Associated Press NEW YORK. March 31.—Demand for oils, metals, utilities and indus- trial specialties enabled the Curb share market to push higher today Strength of domestic copper stimu- lated interest in Newmont and Shat- tuck-Denn and both had substanti gains. Guif Oil rose more than 3, then receded A bit. Advances ranged from fractions to 1'; in Aluminum Co. of America, American Light & Traction, Electric Bond & Share, McWilliams Dredging. United Gas Pump. Pittsburgh about 2 and Montgomery gave up 1, CHICAGO GRAIN M3 the Associated Press CHICAGO. March 31 —Notwith- standing that wheat and corn both to- day attained record peak prices, late reactions more than wiped out gains, as a rule The chief reason for late was that Buenos Aires wheat futures, after opening about 3 cents higher, plunged down about 5 cents from this top. Furthermore, European demand Plate Glass drifted off Ward "A" setbacks for wheat today appeared to be at a | minimum At the close under yesterday's 1.42%2-%; 127141 ing from ' cent lower to an advance of 2!y cents; May, 1.21 s July, 1.15%- s unchanged to !, off and provisions uncharged to 10 cents decline WHEAT— Open Ay 1A, 144 ey 1 vy CORN - Mav. new May. old July July wheat was 1',-2'3 cents finish: May corn var July High. Low May July fen o BELLIES i a0 Chicago Cash Market. Cash wheat, No. 1 hard, 1494-50; No. 2 hard, 149, ; corn, No. 3 yellow 1.2712-281,; No. 4 yellow 7 No. 3 white 126-30: oats, No. 1 white. 54~ No. 2 white, 54',- No. 3 8§35 rye, sample grade. 51, beans. No. 2 vellow. 1667 3 vel- low, 1.65'5-4, : barley feed, 70-73, nom- inal: malting. 1.00-25, nominal; tim- othy seed, 475-550 hundredweight; elover seed. 30.00-36.00 hundredwes Baltimore Quotations. BALTIMORE. Marc [ flo, 2 Ted Winter 8175 March, 151, CURB BONDS l ONDS High white. S0y licky, spot DOMESTIC B Ala Power 41,5 67 Ala Power 5546 A Am G & E 5s 2028 Am P & L s 2006 Am Seal Bs i Atk P& L 5s As El Tnd 41 As G & E_4 As G & F sT&T5 ald Lo Ae ald L 65 Te pd 10 Cent I P S Central Pw 5 Oent Pw & Cent St E! ent St El 5 hy Di El 4} Chi Ry: Cities 8 Cittes Cit it Comw Comw Comw Cont G & troit C Cut |Hnnu P Pn W WAE eorgia Pw 38 len Alden Cl 4. all (WF) 6 '47 st rade Fd_ b5 46 0 Pw ('!) ’\ ‘47 1*8ent RR s s 43°A A Z A5 hdian £1.C 6 ndiana Ser 5s ndnap P&L 5s nt] Securities nterst Pw 5 nterst Pw owa Pub S of C. P&, 4% high P § 65 engel Co 4'2s” etrop Edis 4s inn P& & L5 ew E Y P Y Tnd P 8 4%u5 jo Pwr 5s 1 Ohio Pub § 55 0 E B hila Rap T, 6 its Steel s '4R ub Ser N J 6s ctfs ub 8 No Tl 5s 66 ub S N T 41,8 'R1 P ub S Okla 45 'A A 104 102 Ban An P&S 3¢ cripps 5.5 43 E P&L s 2025 334, Euw P&L As D0: §{d G&E cv fis 58 B A 60, 80 B A 1033} 10913 10334 10115 1011 and Pw & L 6s 57 uper of Tl 4755 '6R per of 1l 4145 '70 ‘exas Elec 55 '60 ex Pw & 1, Bs Twin CR T 525 ' nit L & Pow 63 njt L & RD st & R M fs A PR s Pub 8 5'as 46 vest News U A '44 der T UL We UG Wis P & A FORFIGN. tent _Bank G '52 A er Con Mun_#: nit Kl 8vc 201 joas A Bola 01a ww—With warrants. xw—Without war- pants. n—New. st (sip)—Btamped Negotiability fmpaired by maturity Companies reported in receivership. o NEW YORK PRODUCE. NEW YORK, March 31 (.—Esgs, 47.190: steady: mixed colors, storage acked firsts, 74)2a24ds: dirties. No. 1, 245 other mixed colors unchanged. tter R.R28: steady: prices unchanzed Cheese, 243.161; steady to firm, shynged ive poultry. by freight. weak: ocks, 17: fowls. colored, 178l orn, 14a15: roosters. 1 reight prices unchanged. 0 i chicken: Leg- The Irish Free State expects a record | Specialties | Stock and_ Salel Acme W vic (3) Aero Supply A 1% Aero Supply (B) Agfa Ansco Alnsw'th M C b2se Ala Pr pf (6) Alabam Pw pf (1) Allen Indug (1) Alum'n Co of Am Aluminum Ltd Alm Ltd ¢ pf b1l Am Atrlines. Ine Am Rook Co (4) Am Box B'ed (1) Am Capital «(B) Am CPAL ww2¥ Am CitP&L B aloc Am Cynam B t60c Am & For Pw ww Am GR&E (1.40) Am Gen C’p (a‘i0c) Am Laun'y M 80¢ — Dividend Rate. Add 00 268 1 3 1 3 1108 208 1 3508 £00& 2 & 1008 10 2 2 Am Cit P&L (A) 31008 3 1% and Wayne | Am L&T (1120) Am Mgracajbo Am Superpower Am Superpw 1st 6 Am Superpwr pf Anchor Post i Angostura (+20c) Angostura-W rts Apex Eleciricial) Appalach B Ppt7 60s Arcturus Radio T Ark Nat Gas Ark Nat G cu pf . Ark Nat Gas (A) Ashland O&R t40¢ Ass0 Gas & Elec AssoG & E (A) .. AR50 G & E $6 of ALl Coast Fisher Atlas Corp war Austin Stiver Auto Products Auto Vot Mch S0c Axton-Fisher (A) 19 3 2 208 | Balow L bd riscd) 20 | Bardstown Dist 2 Barium Stin S 13 rlow&S(A)1.20 200« Rellane treraft 4 Benvon & H pfa2 100s | Berhey&Gay i Co 20 Berk&GF pur war 11 Bliss Co (E W) 7 Blue Ridce C alle 3 Blumenthal Bohack HC Bouriois (a7ie) Bower Roll B (2) Bowman Biltmore Brid'p't Mch b25c Brill Corp (A) X Erill Corp (B) ... Brill Corp pf . Brown Co pf Bunker H & S(b1) ¥ co Inc war ¥ ma Ltd bl6'se | Cable L1 Prod vic abie & Wire(B) | Can Marcom arth Svndicate ‘( ‘arnation Co (1) . Carnezie Metals _ 2008 i | For and un- | ducks, 14. Other | roer Cor rier (JW) » Prod b 80 3 Ty 104 36 Babcox & W1l (4) 1608 140 31§ 4 o7y 17y 29% 194 144y [ 67 15008 63 508 134 7 300e 113 Cen ‘ent &S W LUl ates Elec Cen cvpfn Cent St K1l 7% pt Centrif Pipe Tiue | Chescbrou 1 Flex aft (4) {Itvet & Mach i e ot esSicpf(BB) Cit Sve P&L §6 pt Cit Sve P&L §7 pf City Auto S(r6uc) Claude Neon Lts ClaytUn&Lam blie «v Tractor Clinentield Coal Club Aluminum . _ Colon Dev Lta .. Colon Dev 6% pf | Coto el 1t war | ( lis PEA 371 Com with & 8 war Community W §__ | Cons Atrcraft Consol Biscult 60c Consol Cobper C GELt&P Bo 3.60 Cons Min&Sm 12 Conso 11 Sirs Cons RS 8% pf bi Consol Steel Corp Cont'| Koil & S Fy | Cook ¥ & Var r60e | Couper Bessemer Copper Range | Cord Corp Coaden Oil Me (¢) | Cosden(Me)pt(d) Creole Pe’ (a30c) Crocker-Wh allc Croft Brewing Crown Cent F abc Crown Dr (b20c¢) | curtia Mtz (b75c) Cusi alex aimin Darby Petr (60c) | Dayton Rubber Dayton Rub A(b2) Dennison 1% pt Derby 01l & Ket | Detroit Gasket t1. | Det Gray Ir t2vc . Det (Mich) Stove. Det Pap Prod 125¢ Domin S&C (B) Dow Chem (2.40) . Driver Harris 1%. bubelier (‘ondens Duro Test (b10c) Duval Tex S ajue Eagle Pitcher bl0c EastnSwates Pwr East'n St Pw (A) sy W M(B)b2ie Lisler klec (adc) Klec Bond & Share Elec B & 8 pf (5) Klec B &S pf (6) Il Pwr Assoc a25c 1 Pwr As(A) < lec Sharenolding Electrol Inc v.t.c. Emp G&K 6% pt | Emp G&F 7% bt | Emp Pwr pt a1.80 Emsco Derrick 11 Equity Corpia2be) Europ'n El bd rta Evans Wall Lead Kvans Wall L pt 2 | Excello Air(b20c) kuirchild Avaibe Walstaft Brewing Fanny Farm C(1) | ¥ E D Corporation Ferro Lnam rights | Kidelio Brewery | Fire As(Phila.)t2 First NS 1stpf 7 | F1sk Rubber Fla P & L pt rd Ltd al81-10¢c | Ford (Can) A (1) ¢ | Franklin Ray a60c Froedt G&M (20c) Gamewell pf__ Gen Alloys Gen Invest Corp . Gen Rayon Ltd A Gen Tele C'pal 36 Gen Tire & Rub Gen T&R pf A (6) Georgis Pw pf (6) Glen Alden C (1) Godchaux Sug(B) Goldfield Consol Gorham (A) Gorham Mf vte t1 Graund Natl Films Gr Rap Var(t60c) Gray Tel P8 (1) Grt A&PTov 16 Greenfield T & D Groc Store Prod Gulf Of] (Pa) b2be Hall Lamp (30c) Hartman Tobacco Harvard Brewery Hat Corp (B) 80c Hearn Dep S bl 65 Hearn DS 6%pf 3 Hecla Min (b20e) Helena Rubenst'n Heyden Ch (12) 6 6 25% 808 20 2004 1 1 L3 08 i 1% 4 14 h (T4) 1508 114 71 17 i 4l hlby 108 133 14 6 2 8 ‘ 2 9 3 34 15 14 6 5 161s 19 81 1614 4 2 36k 31y 15 1 24 i 1008 13% 8K 21 3008 108 6 » 16 257y 6 146k 1 1 1 ‘ Estn G&F Aspf 3 1508 1 1 1 1 69 1 1 5 ‘ i H 508 5108 1008 4 N 1 12 508 28 . z 2 108 u L] Ty 9% 2% 47 L) 70 1ids 314 2215 72 82% 8 4 5 5 605 k(3 31 1% 2} " 2% 38 26 624 208 1133 64 1008 1 7 2 5 108 z 1 1 5 i 181 «“ % 2675 11% 133 ™ M it 24 193 38 408 105 608 2 2 [ 1 1 Y 2 2 2l 129 823 S 6 244 8% 16 1734 Godchaux 8 pf(7) 20s 100 30s 109 Great Nor Pap 11 200e B 2 20 2 3 10 1 16 4 “ 1 3 “y 144 blg 69y [ 2% 13 17 50% 22 7% ay 8} 24 L] 24 134 2blg 144 k1Y o ko) 9 24% 46y 4y 70 1l 34 2134 72 81i4 i 0 12} 112% 1735 8% % 265 1% 13% 9" 4l 13 244 195 37hy 105 2% 1244 3244 100 % . 2434 [] High. Low. Closs. privy 24 b4 24 18 69 7 U 170 THE EVENING Stock and. Dividend Rate, “Add 00 Humble Ol 1%) 6 Hvurade Foog 1 Hygrade Sylv (3) 50 tmp Ofl Ltd t80c 10 Ind'n Ter [10(A) 1 Indiana P L(b30c) 1 Ind'ap P&L pf 6% 268 1ns Coof No A t2 508 Int HESep A war 8 intlHy BIScvpt 6 Int] Petr (t1%" 7 Intl Products 5 Int Prod 6% int! Vitaminiboe) 2 Interst HM 12% 2 Interst P(Del)pf 1408 Inv Royalty (t6c) 4 iron Fire vte 1.20 1508 trving Air Ch (1) 4 ital Buperpwr(A) 3 Jacobs(FL)Co(1) 2 Jer Cent PEL pf T 40s Jonas & Nbg bibe. 11 lonerx Laukh SU 2 High. Low. Close. 83ly W W L1l Pwr & Lt §6 pf 12008 85 2 4 14 9w 663y 14 3644 37 754 Pf b3 100 103 (3 9% 16% ' 24 161 1% 16 1] i 122 Kingsbury Brew Kingston Proa 40c Kings Co Lt pfD & Kirby Petral (2uc) Kirkland L G (6c) Kleinert Co(v40e) Kreuger Brew t1_ LakeSh M (14) Lakey Kv & Mach Leh Coal &N 30¢ Leonard U1l B Lion Ofl Ref (1) _ Locke Stl Ch t80c Lockheed Atrcraft Long Lsland Ltg | Lone | L pf A(T) | Loudon Packing - La Land (40e) | Lucky Tiger 112¢c McWililame D (1% Maestic Ra&kTel. Mange! Stor Mangel St pf (3) .. Marion Steam Sh | Massev Harris | Master Elec (1) _ Mem Nat G (ab0c) Merritt Chan & § Mesabt fron __ | Mich Bumper C Mich Gas & O1) Mich St T P b2se Mich Sugar | Mich Sugar pf Mid Sta Pet (A) _ Mid Sta Pet (B) | Mid-W Abrasaioe | Midwest Oil (11) Midvale Co (b75¢) I Mintne o (Can) 8% | Mock Judson 6ue 45 Molybdenum Corp 5% | Mont Ward A (7) | Montr HL1&P 1% | Moore C Ltd b40c Moore Dist (1ates Moare Lim pf A 7 Mount Pron i + Murray (Ohio)b: Nat Aut Fib bive Nat Bella Hess Nat Contain a§0c 314 | nat Gyps A a2l 0¢ o 2% 2 26 108 60 34 Mg 1oy 1o 2 ik a 86 2 6 13 9 ITRNSTH 13 243 5 16y 10104 i 6% 208 1 . 1 2 1 1 108 1 8 10 3 51 23 208 08 508 » 108 2 1 1 30 [ 4 4 1 38 ]‘4 Nehi Corp 39 [ 17 Nat Leather 12 Nat P& Lt nf (6) 100x Nat Rub Mch a20c 66 Nat Service 4 | Nat Service pf 1 at Suzar NJ (2) 2 ‘at Unton Radlo Neisner Brpf (1) 2 Nelson(H) (a45e) 3 Nestle-l.e Mur & N Eng Pwr Asso b0s New HavCi (1) 1 New Jer Zing (12) 700s % New M&A Ldate 1 4 Newmont Min b5 :““7 N Y Pw&Ltof (7) 5% 124 ul, 101 7 No Am Ray A bs0c s 195 N 301 7 11ty 8y 1'7!‘¢ Tk | 6% | 17 16 74 834 25% 1463 L | s | 9% | 2% [y (t:) 70 1k 31 21y 72 82 7% 15% d‘l k4 17% 4834 | Solar Mg (a40c) 4 2654 | Soss Mg (a26c)_. 113 13% 9% 4% 13 214 1914 8744 108 8234 12% M North Am L& P N Y Steam { Niag Hud Pwr new Niag H P(A) war Niag Sh Md B afle Niles Bm Pnd b30c % Nipissinz (30c) 7, Noma.Elec (bi0c) 2 1 3508 16 No Am Ray B b30c 3 airan O 49 Northern PL%ie. 1 North States P A 2 Nor Tex El1 6% pt 1 Novadel Agene(2) 1 Ohio Brass B (1) 26» ideryme Mistil 7 ? Overseas Sec 60c 1 | Pac G&E 18t (1%) 2 | Pactfic Ltg pf (6) 25 Pac Tin spec (12) 400s “‘nn -Am Afr (t1) 1 Pantepec O11 28 Pennroad (a25e) 9 | Penna P&L pf (7) 10 Pepperell Mfe t6 50x Phila EP pf (5) 100s Phasnis Seent 7 Pierce Gov (b15c) Pioneer Gold bl0c | Pitney Bow(t40c) Ptrtsbzh Forging Pitts & L Eb2% | Pitts Plate G (b1) Pleas Vall W (bsc® Potrero Sngar | Powdreli&Al t60c 1 | Premter Gold t12¢ 1 | Producers Corp | Pronper-McC d) | Prosnerttv Ba1y Prudent'l Inv a50c Pub Sve Ind f 100 Pub Sve Ind pr pt 2bs Pub Sv Okla nl(6) 20s Pug SA P&1 $6 pf 175¢ Quaker Oats (5) _ box Quebec Power (1) 258 Ratnbow Lum (A) 2 Rainbow Lum (B) 1 Raym’d Conc (+1) 80s Red Rank 1 Reed R B new t80¢ Reiter-Toster Ravnolds [nvest Rice Stix DG bfoe Richm’d Radiator Root Patrolm(1) | Rossta Int) Corn Russeks F Av 50e Rustless IT&Sr1) Rvan Consolid'd Rverson & Havnes 8§t Anthonv Gold 1 St Lawrence Cpf 78s St Rezis Paner 5 St Regis Paner ot 25s Sanford Mills (4) 10s | Savov O1 1 Schiff(The)Co(43) 2 | Scovill Mfg (b50c)250s ecur Corp Gen 1 Seeal Lock & H n Sefberling Rubber 87 Selected Indus 6 Sel Ind all cfs 5% 250s 4 | Se) Tnd pr pf (534)800s | Selfridge a1925c 1 | Seton Leath asoe 1 | Seversky Afrcraft ¢ mh.nm-u Den Min 24 Sherwin Will (4) 300 Sherwin W pf (5). 10s Stmmons H4 & P 2 | Singer Mfg (+&) 108 1 | Sonotone C (a10c) 1 1 So Penn Of1(¢1%) 2 SoCal Ed nt of 1% 208 SoCalEdpfC1% 1 Southwest P L(2) 50s Spanish&Gen rcte 9 Spen Chain 8t 60c 4 Sauare D pf A 3.20200s 8tand Inv eum pf 100s Stand Oil Ky (#1) 7 Stand Oil Neb b25e¢ dtand 01l Ohio t1 8tand Pwr & Lt Stand P& L (B) B8tand Prod (b2be) frand S11&1.A (4e) 8tand Tube (B) .. Starrett Corp vte Sterch! Bros a30e Sterchi Bros 1st 3 Ster] Alum Pa 75¢ Sterling. Inct20c) Stroock & Coa2% Stutz Motor Sunray Of) (a10c) Runshine Min () Superior Port C B Swiss-Am Elec of 10¢ ‘Taggart Corp 2 Tastyeast(DeDA 1 Tavlor Dist (30e) 2 ‘Technicolor a50e 6 Tech Hughes t40c 3 TennEP 1st pf(T) 25s Textn Ol & L 80s 3 North AmL&P ot . 2 ‘4 5 3 . 2 ‘ 7 1 0 2 2 4 4 1 ‘ 1 1 2 R 5 1 2 2 ‘4 1 3 6 2 O 2 2 4 L 25, 3 12 ‘ 23 21 6 508 % 6% Y 3834 L] 123 L) 3% 405 52 3 5 s 1023 o 2% 12 534 241 139 108 5% 316 6% 1% T “wy 38% 2634 3 k1 9% 5% 54% 203 131 ] b4 5 % 8 1% A% 19% 1814 12 154 1% % 224 6% 67 614 NEW YORK CURB MARKET By private wire direct to the Star. 210 8214 4 a9y 63 22% ‘ 14% 984 664 P a STAR, $2.677,031 EARNED 8 W 4% 8% 229 gl 14 | 4874 6634 14 5 a7 75 103 61y 9% 15 % 243§ 164 1% 16 98 4 12214 2% e €0 8 1% 12 16% b6 61 b | 13 241 1685 143 | 4 90 4 128 Iy 3244 4l 8 6 195 164 o | 614 s ,‘ | : 15| !h’ 144 Al “ (2] 182 I 24 | 36§ 21y 12 nug m' | '~ 514 w., u% lnlm 15 13 331, 2b% €0ty 3 120 | 1143 174 18 . 1 | | “ 28 | 62 v 80 | reported | mon share, | cago. reported 4| 519.012.000 bushe WASHINGTON, BY EASTERN GAS Profits for 1936 Compare With $2,873,974 in Pre- ceding Period. By ine Associated Press. NEW YORK, March 31 —Eastern Gas & Fuel Associates and subsidiaries reported 1936 net income of $2,877,031, after $5200 provision for surtax on undistributed profits of subsidiaries, equal to $472 a share on the 6 per cent cumulative preferred stock. This compared with $2,873,874, or §5.37 on the 8 per cent cumulative preferred in 1935. | The company and subsidiaries pro- | duce bituminous coal, coke and other products and operate utilities. National Department. National Department Stores Gnrp< reported for the year ended January | 31, net income of $1,149,581. This was the first complete annual report for the company, successor to National Department Stores, Inc., and no com- | parative earnings were available. Sales for the year were $45.258.- 226, an increase of 10.8 per cent over the preceding fiscal year despite the fact four of the company’s stores were closed at times during the floods of March, 1936. Reo Motor Car Co. Reo Motor Car Co. and subsidiaries 1936 net loss of $1,399,124, compared with net loss of $219,860 in 1935. The company has plants at | Lansing, Mich, Associated Dry Goods. Associated Dry Goods Corp, in- cluding all wholly-owned subsidiaries and Lord & Taylor, majority of whose stock is owned, for the fiscal year ended January 31, reported net profit of $1,701,433, equal to 84 cents a com- | This compared with $1.- or 5 cents a share in the preceding year. Oliver Farm Equipment, Oliver Farm Equipment Co., Chi- net profit for 1936 of $1.153.640, equal to $424 a share on capital siock, compared with a net loss in 1935 of $482,008 | G. R, Kinney Co. | G. R. Kinney Co. Inc., and sub- | sidaries, reported net income of $127 - 941, equal to $2.63 per share of $8 preferred. compared with $23139. or 46 cents a preferred share in 1935. The company operates retail shoe stores throughout the country. { Florida, Big (rdlll Forecast | ln Winter Wheat | Harvest for 1937! | BY the Associated Press CHICAGO. March 31.—Mrs Miller, one of five widely Chicago crop authorities, released a forecast today that United States , Winter wheat production would total | 616.332.000 bushels This compared with a 1936 rmp of and the 19281932 average nf £22252,000. Areas sown | to Winter wheat this year, estimated | at 57,000000 acres, were the largest E H recognized | on record | 1343 | 174 | 3y | A month ago the average of the five private estimates of 1937 Winter crop production was 629,000,000 bushels. }‘OREIGN EXCHANGES. NEW YORK exchange steady others in cents 480 cables March 21 /) Great Brita _Great Brit 1 B0 fo-day | Foreier D. C., WEDNESDAY, Number of Passports Issued Last Year Was Largest Since Dollar MARCH 31, 1937. Was Devalued Number of Passports Issued 19201936 THOUSANDS OF PASSPORTS II 3 ‘ FINANCIAL Rk A—17 STEEL INGOT RATE HITS 31 PER CENT Activity Almost Equals Rec- ord-Breaking Month of May, 1929. BY the Associated Press NEW YORK, March 31.—The stee] | industry enters the second quarter of | the year with production almost equal | to that of the record-breaking month of May, 1929. and with backlogs some products that extend well into | the third quarter, Iron Age said today in its weekly review ol steel THOUSANDS OF PASSPORTS. 20 200 180 § | n | ary to Pebruary | “outputs of ingots is estimated at | 91 per cent of the industry’s capacity or about 1,191,882 tons for the week the trade journal said, “which pares with the all-time peak of 1 284 tons a week in May. 1929, whe: operations exceded 100 per cent the then rated capacity kings of sheets extend throug'y August. On other pioducts mills hav backlogs sufficient tor varying period com- ol 192021 2 B M B % B8 9 0 3 32 33 M de- probiem of the d to u. compar steel 5 at at Ci cago, off | the buying for a fu the hea of from one to tmiee months Th most backward items are structural e steel and pipe, which are affected b ime fallure of bullding construction to 2 AP . . | & . snow its usual seasonal expansion, ai- Textile Activity UNION CARBIDE VOTE |Sears Sales Rise i il i 0"t - % ON PENSIONS PLANNED s . #pecifications for projects closed d At ‘,\”_T""(\ I cak S | ]8_'; Pf‘r(AC"lOVCl' Ing the past few months. Ne A B the Associated Press. | | sheets, the product in heaviest ; . . .| NEW YORK, March 31—A plan| . s I'mand is tin plate ll] Xlll Dlslrl(’t | to supplement social security act an- | IAC\ C]S Y(?dr Ag() The volume of steel busine 5 nuities with company retirement ; , March was extremely hea BY the Associated Press. annuities will be submitted to stock- | 'I® Associated Press | companies booked more 1o ATLANTA, Maren 31—Textile ac-' holders of Union Carbide & Carbon c:f,«oo March “d'—S"" Roe- | “aither December or Ja tivity in the sixth Federal Reserve dis- COrP. at their annual meeting April r”‘" o el "”"”’eid"’p:‘ §ross Sales | 1y, most recent peak months. 3 b hed the highest | 20 it was disclosed in a letter to [for the second peri bruary 27 to | uppe real test of the steel ma trict in February reached the highest ...\ 0 are today. |Marrh 26, totaled $40.175.309, an in- | | will not come before June, as ver level on record, the monthly review of The plan provides for retirement | Crease of 18.3 per cent compared with | po 5 (0 additional tonna the Reserve Board stated. | benefits for all employes of the com- |8 Yeur ago. It Was i new all-time | ) and May, and it is expecte Both retail and wholesale trade con- | PADY and its subsidiaries s e S | el flowl diorders soon fil tinued at relatively high levels, and | The cost was estimated at approxi- | current fiscal vear. whi ”r; agaa Jans | 20y June R ARCHC department store sales increased 86 MAtcly UnitTReR R R e $70.900 an 3 The presant “’ a year ago. roportions, moreover, mos Wholesale trade declined 15 per waShlngton EXChange 1 I{propotticns, midkeaver o cent in February, but was 27.2 per cent SALES: aachacoplecsa S greater than in Februa 1936 PRlcEs ARE ADVANCED amounts the rationing of The district comprises Alabama Aq\rnfan Security & Trust Co AMONg regular customers in prop: Grorgia, Louisina, Missis- || 301z 3 2 301 10 st 301 | ON PAPER CONTAINERS o their nommai zequirements sippi and Tennessce. Lash Gl Biopapie i tie By the Associated Press R e e The board reported the value of 10 at 120 | 5 : but elsewhere has leveled building permits i February increased AFTER CALL. st ot S e U LR 153 per cent over Jaruary, but value 5 a5 on% P 85—31.000 15 to 35 per cent by Container Corp of America and major competitors Capital Traction $1.000 at 9274 Scrap & at 924 of contracts awarded declined 495 per rther upward move cent. Residential contracts, however. consumntior | owned by the Pennsy increased 158 per cent over January and were 179 per cent larger than a vear ago. PENNSY EARNINGS OFFSET BY LOSSES Profit on Main Eastern Shore Line Wiped Out by Deficits of Other Routes. HY the Associated Press SALISBURY, Md., March 31.—The PP:mx)hlml Railroad’s balance | sheet, just published, showed that its main Eastern 8hore line earned a profit of $300,000, but that losses on two subsidiary transportation routes wiped out the profit The main line of the New York ladelphia & Norfolk Rallroad, vania since 1908, Va. to Wil- ncome was con- perous Its con- | Tath runs from Cape Charles. mington, Del. Its gros $444.050 last year. The | sidered one of the most short lines in the country. struction started in 1885 The balance sheet showed a deficit pr | of $206,679 on the Baltimore & East- !ern Line. owned by the Pennsylvania. | erland Portugal. 4 143 1R98; Czechosl 294 Austria Brazil Ruman; 3 R R0'en " Tokio, < 20 87 104 37RO Hongkong Montreal in New York: 100 065 New York in Montresl. 99.00——— n-—Nominal (A (United Stat Pfl‘ Ulture) A ness was trana today on & d lecce wool for delivery ) becomes avallable ded combing three-eights blood Ohio fleeces sold at and 4K cents 1! the grease. while combing quarter blood were sold at 41a47 for future delivery. Quotations for future delivery were the same as recently quoted on similar spot wonls by Boston heuses. Prices realized on Ohio wools were re- | ceived also on Michigan and New York wools of comparable grades. shrinkage. Departm ed ded when lengths and NEW YORK BAR SILVER. NEW YORK, March 31 (& .—Bar silver steady and unchanged at 45'4. 0 Sales— Add 00 z 50 Btock and Dividend Rate Tob Prod kxp 16c ‘Todd Shipyd (t2) Tonopah Belmont Tonopah M (afe). Tr-Lux DPS t20c_ Transwest Oil Co Triplex 8 G (new) . Cubize Chatilion fung-Sol Lamp n Tunk-Sol L pf 80¢c Ulen & Co 7% % pt Unexcelled Mfg Un G of Can adbc. United Corp war. Unit Gas Corp Utd Gas war Unjted GC pf b1% Unit Lt & Pw (A) b Unit Lt & Pw pf 5 541 | Unit Milk Prod (2, 3 3 Unit Mol blli Unit Shipyds B Unit 8hoe M 1234 I U 8 Foil (B) (1)__ 3 | U S & Int] Secur.__ i 4 U S Lines pf : U S Rub Reclaim U S Stores Unit Stores vte __ Unit Verde Ex (1) Unit Wall Paper .. Univ Pictures . Utica G&E of (7) Utllities P & L (d) Utll P & L pf (d) Utility Equities Utilities Indust'l_ Valspar vte % Venezuela Mex O Venezuela Petrol Wagner Bak b40c Waitt&B'd A a50c Walker Mining Wayne Knit Mills Wayne Pump (3Uc Well't'n Qil of Del 16 Wentworth Manuf 34 West Tex Ut pf(6) 08 Westn A B (azbc) 2 West Au Sup A 14 50» Westn Md pf (a7) 108 Wil 0i1-0-M as0c Wolver Tube b20c Woodley Pet t40e Wrikht Harg 1400 Ygstn Stl Door(2) 2 ki Yukon Gold(al8c) 4 8% 3% Dividend rates in dollars based on last quarterly or semi-annual payment. tAn- nual rate—not including extras fAc- 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 bankruptey High. Low. Close. B s b9 % 143 L3t 1815 16%% 28 8% 3% 1134 10084 % | 13 2 108 13 1508 2 1idg 1004y % 20 5% 14 20 blg 1 14 | 5 81 | 1 L 3 2% 7 2% 4 10 8 4 % 45 | 1234 | 7% | o1ss ll‘q 89 | 114 94 16 1034 % 4 16 1010 | ing_up 1 - | scaling | moderate. dem | sales | positions &t the last-paid price of i | which runs from Love Point to Queen Anne. The revenue was $310.230 and the expenses were $510.166. The serv~ ice on this line has been gradually curtailed for a number of years The ferry service operated by a Pennsylvania subsidiary across from Cape Charles to Cape Henry showed another loss, the railroad said. In-| come was reported as $228,923 and | expenses as $337,619. CKICAGO LIVE STOCK CHICAGO, Ma ited Btates Depart € Hogs. 13.- 8 4500 v marke! now eneral trads steady to 10 than Tuesday's averaze: spots off on’ mediums to low good grades €ood and choice. 200-310 pounds 30 top 033 most 150-190 50-10.20° ‘most pack sows, vert lower more bulk few strongweight siaughter pigs, | rank | Wi 10,000 calves. 1.500: fed steers and vearlings T e TN e umweights and weighty rs hold- these steady (o sirong. but scarce: pald new high top for Pounds. averages: several loads 550" light steers and vearii 1.100 pounds downward bulk unsold. fed and bulk cu grade and beef Ccows steady: strictly good and choice weighty strong: bulls w at .75 down on ge offerings. vealers strong at 0.50- few 10.50 on shipper and amail account:’ light kinds mostly & 500 Cat and _fle to predom inating in ru eif sau 10.00 killer 900 Slieep 4.000. including | tambe Pupmy sronnd "5 bo Colorado: practically no early bidding around steady with Tuesday. as ine unevenly higher: fat sheep scarce steady. few choice lightweight ewe, 7.00- CHICAGO PRODUCE. CHICAGO. March 31 (% —Poultry. 1 car, 26 trucks: unsettled: hens, ov pounds, 1812: b pounds and less, 20 horn hens, 16%2: colored frye Rock, 26 Plymouth Roc broilers, White Rock, Plymouth Rock 2: bareac] Tosters. 1:3: Leghorn_roosters, 12: turkeys, hens. 21} toms. 17: No. 2 turkeys, k pourids up, white and colored, white and’ colo T pourds ap oR Jews than 3 pounde 5 Bltter, 020- steady: prices unchanged: eges. 25 Steady: prices unchanged Potatoes, 79. on_track. 27X total U. § shipments 697, Old stock weak: supplies nd very slow. Sacked. per hundredweight. Idaho Russet Burbanks U S. No. 1. 2.45a75. according to size and quality: U.' § No. 2.10a20: Colorado Red McClires. U 8, No. 1, 280; Maine Green Mountains, U/ 8. No. 1. fair quality and condition 2.7%12: " Wisconsin round whites U S. No. 1. 2.70: Wisconsin Spauiding Rose. U. 8 No.'l, ‘small, 1.90: Russet Rurals. U. S. No, ? NoFh Dakota Early Ohios. 4 8. and_partly graded, 2.60.° New | stock about steady: supplies moderate: de- mand light: carlot _track sales. bushel crates Florida Bliss Triumphs. U. S. No. 1 few ‘sales. 2'15: Texas. 50-pound sacks. Bliss Triumphs. U. S. No. 1, few sales, 1.9582.05 a sack. Sl e NEW YORK SUGAR. NEW YORK. March 31 (¥ —Raw sugar was quiet eary today and. although no were reported. the undertone was easier and there were offerings in nearby 55. price No. 4 live, e colored tures were movements were more active, irregular but | Contract was decidedly Atmer on' renewed buying for domestic and European count_encouraged by the continped firm- ness at London. No. i contract after a fairly steady ning. ‘eased under liqui- dation promoted by the increased offerings in_the spot market and fears the sugar tax measure may be passed earlier than | snticipated. May No. 3 declined from 2.60 to 258 and September from 2.58 to 2.54 and were at the bottom around midday or 1 point net lower, No. 4 May advanced from 1.30% to '1.32 and September from 1. o 1.36. or 3 1o 3% points net higher. Refined was unchanged at 4.80 for fine granulated, with continued active with- drawals reported. JOINS TRACTOR BOARD NEW YORK. March 31 (#).—Cater- pillar Tractor Co. reported A. T. Brown, vice president, was elected & act. or securities assumed by such com- director succeeding H. P. Mee, re- | Anaco ‘cw - | Hartfor, 5 | Bid and Aske BOND PUBLIC UTI! Anacostia & Poto ia & Pot Tel. of Va Traction R. R Buburoan As Gas 1t 5 Pow. ities 105K & Elec C &P City & Geor Ry is Col. Country Wash. Mkt Club_5 Cola Stor d Prices. S. LITY B MISCELLANEOUS STOCKS PUBLIC UTI Tel (9) Co Elec “Pow El Po 8l3% Gas Lt RY. & E Ry, & El BANK AND TRU! Amer. Bec & Co ank of Beihesda (h apital (4 Wasn Wash Bav. & Trust Georges BK. & Tr. & Trust ces FIRE INSUR 1 s Wash. Loar LITY ANCE TITLE INSURANCE. Columbia Real Eatate MISCELLAN Carpel Corp Pmpm\ | Peopies Drug § of Real Est. M &G pf Security ‘Storage 13 Ter. Ref. & Wh. Corp Ide\ & Loth. com (11 Wdwd, & Loth pf (7)-- *Ex ditidend. | tPlus extras extre V2% exira, 50_exira June 30, INSURANCE Security Dealers’ Association Aetna Cas (la) Aeina Ins (160} Aetna Life (& Am Equit (1.80) X | Am Ins Newark ('aa) Am Reing | Am Reserve (1a) | Am Surety (213 | Automobile (Jal \Bnll Amer (.20a) | Garolina (1 i | Sl ol "N v v1'20) Conn Cen Life ®0) Contin_Cas (1 20) | Fid & Dep (1g) Fircmens Nwk Frank Fire /1) | Gen Reinsur (2) Glen Falls (1,601 | Globe & Rep (R0) \Gmhr & Rut ‘Grul Amer (1 Hanover (1 60) Fire Home' Fire e Home Ins ( | Homestead Maryland C Lincoln Mire Mass Bond Natl Fire (2) | Nadl Liberty H)lmD&hln (1.60) Y Fire (%081 Nor River (45g) Phoenix (2a) Prov Wash (1) 8t Paul Pire (4) | Springfield (412a) Sun Life (33.g) | Travelers (16 U 8 Fire (2) « | Westchester (1.20a) | a—plso extra or extr SHORT-TERM SECURITIES. (Reported by Chas Am Tel & Tel 5155 '4 Aubyrn Auto Co 43s | Calif Packing Corp's | caro Clinch C & O Rwy bs Ea“Elec Thummating 45 Gen Pub Service 51;s Grand Rap & lnd - 1Hnu<mn Ot 5151 It Mere Marine. os. '41 {Int Tel's Tel digs 31} | Laciede Gas Light | Eehigh Valiey Coal fis l Lehigh Val Term R Long Island Gen 4s ‘38 | Louis & Nash | Mich Cent R Midland R R Milw_& North (N Y chi &8t | Nt Sork Botk"s N Y Busq & Wul.er New Yor| Faciic R R enn-Dixie enna R R Co Rio"8 Rustern aa' Bouth Bell T & T 5s 41 Term R R As of 8t L 4128 Vanadium Corp 5 41, Vertientes Sugar Co, Wabash Rwy Co 58 39 Warner Bros 6s '39_ Western N Y & Pa 45 | Western Union Tel bs * g D NEW YORK, March | freight carloadings on ri for the week ended Marel Chesa & Ohto 40.967 | Guif Coast | Hllinois ~Central Intl Grt Northn Missouri Pacific NY. C&8tL N Y Central Pennsylvania Pere Marquette I, San Fran eciared or paid so far this year FREIGHT LOADIN GS. | March 27. EOUS 500 1036 45c STOCKS (#) —New Bid York Asked. | Barney & Co.) Bid, offer 1129 552353330532 8232433335223 S 81 (#.—Revenue | ailroads reporting 27 included: Previous . week 39,0: 5. | The increase was announced as ef- | serap composite has advanced t of §21.92." new high for 14 yea A Note-Worthy Investment 5 V2% = | FIRST MORTGAGE NOTES E RECOMM average—both in respect to income gained ar maintained. The principal is protected b new homes in the District of Celumbia and nearb Maryland—an steadily END this investment as ahove the security area of increasing values In Denominations From $250 Up Members of the Washington Real Esiate Board 1505 H St. N.W NAtionel 2348 LOANS IMPROVED D. C. PROPERTY Immediate attention on your ap- plication for buying, rebuilding or refinancing. Loans payable monthly. No charge fo appraisal if loan is not made. Interest charged only on unpaid balance of principal. EQU]TABLE CO-OPERATI\'E BUILDING ASSO(JIATION 915 F STREET N.W. Organized 1879 Realtors Y ES, if you are a depositor of this bank you can send, at any time, checks or money orders for deposit in your account. Entries will be made in your account the same as if you brought them in person and we will mail a notice that your deposit has been received. Checks or money orders for deposit should be properly endorsed with your signature. Currency should be sent by registered mail. Banking by mail is a service developed for our depositors to be used when it is incon- venient for them to come to the bank in person. However, we like the personal con- tact with our customers and prefer to see them whenever possible, rather than trans- act their business through the mails. We invite you to use this convenience of banking by mail. McLachlen Banking Corporation TENTH ANDS,Z. ;?I?I‘ZEETS, N. W. SW. Branch, 12th and Maryland Ave. SW. Member Pederal Deposit Insurance Corporation (Booklets covering this series may be Rad upon request.) humber of tourists this year, ¥ | Hudson BM&S (1) 20 80 llh Tilo RoofIne (1) 0 174 signed. » Norf, & Western panies. 4