Evening Star Newspaper, April 3, 1937, Page 13

FINANCIAL THE EVENING STAR, WASHINGTO. D. C, SATURDAY, APRIL 3 FINANCIAL #x A—13 SECURITYSAVINGS TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE ST0CKS IMPROVE By Private Wire Direet to The Star. Prev 1037 Stock and Net | Prey 1037 Stock and Net | Prey 1937 8tock and Bales— Dividend Rate, Ada 00. High, law. Close. chge. | High. Dividend Rate. Add 00, High, Low. Close. chee.| High.Low. Dividend Rate, Add 00, Hish. Prev 1937 Stock and Sales— Net | Hish. Low : ’ e High. Low, Dividend Rate. Add 00, High, Low. Close. chge. | 29 23% El Paso Nat G 1.60_. 2 25 25 100 4 9% 91 91 + % 8% Stand Gas & El (d)- 10% | 85 501z Abbott Lab (11.60). 52 52 652 +% 881 Eleo Auto Lt 12.40_. 39% 40+ %[ 12% 25% Stand G&E $4 pf(d). 27% 5 | 80% 633 Acme Steel (4) ___. 8% T8 8% + % 12 Eleo Boat (a60c) __ 1% 12% 12% % b5%NYNH&H () 2 43% Stand Ol Calif(11). e 22% 15 Adams Exp (a650) . 20% 204 + % 54 Elec&Mus 1 (al8¢)_ 5% bl 4 16% NY NH & H pf (d) 9 4 44% Stand Ol Ind (11) - 4T 36 Addressograph (1) 31% 31% :nu —1% 21% Elec Pow & Light a 220 224 % 11% N Y Shipbuilding . _. %+ % 67% Stand OII NJ (1) - 1% 4% 3 Advance Rumley _. 3 - % 4 40% Elec Storage B-:’m 0% 40% — % 13% North Am Aviation. 65 Sterling Prod 13.80 66%, A Selecti i | 70% Air Reduction (t1). 1% vm + % 1% Elk Horn Coal (d) . 1% 1% + 26 North Am Co(h30c) 2 17% Stewart-Warn t50c. 18% “ s i $32,226 Deposits on 1913 1% 144 AXasliunC('IOe).. 18% — % 514 Elk Horn Cl pf (d)_. 6l 64 6l 27% Northern Pacific _.. 2 15% Stokely Bros (11) . A+ elective Recoveries Halt 37 Alleghany Corp . . i - 4% 4% + U % Equitable Office B T % 3% Norwalk Tire & R.. 6 25% Stone & Web(a25¢). i i H Opening Day Have Grown 9% 4314 Alleg of ww $30- 53% +1%| 23% 18% Erle RR 20% 20% 2815 Norwalk Tire pf- - 133 Studebaker Corp _)_ Y Selling in Exceptionally 3 eghany pf xw. 52 —1% 264 Erle RR 1stpf_____ 29% 30 17% Ohio Of1 (a800) . .. 68 Sun Ofl (11)—eeeommr . ¢ to $7,447,605. 2% 4114 Alleg Corp pr pf 45 124 Bureka Vac (80c) 12% 124 5315 Oliver Farm E:]uln. 4% Superior O1l_______. Quiet Deallngs. 5% Ei&’,g Alleg Steel (b40c) 41% 314 Fairbanks Co. . 4 4 18% Omnibus Corp vte.. 32% Sutherland P 11.60.. BY EDWARD C. STONE. 4 251 Allied Mills (bsuc). 264 + % 8l Federal Motor(40¢). 9% 9% 13% Oppenheim Collins. 25% Swift & Co (11.20) .. Completing 2% years service to the “x 164 Allied Stores (b20¢) 18% + % 5% Fed Screw Works. 8% 8% 45Y% 357% Otis Elev (60c) ‘ 30% Swift Intl Ltd (2) __ y 2 Stock Averages community, the Security Savings & | 53 83% Allis-Chalm (bSoc). 66+ 1 4% Fed Water Svo A_ SRS 24».. 16% Otis Steel 3% 18% Symington ww bl0o. 7 g Commercial Bank will start its 30% Alpha Port Cmt (1). 32 ~2n 3614 Fed'd Dept Str(2) . 38 38 22% Outboard M (b30c) - : 11% Tenn Corp (815¢) .. 30 twenty-fifth year next week jah & LmalDeathergil e TH + wsu 101% Fedd DScupf4%_ 2102 101 101 200 150" Owenaetil G1 (8) : %| 624 50% Texas Corp (2). % o+ Indust. Rajis. UG ts Vermh a ifor Hual { 1143 101~ Amerada Corp (3).. 108% + ' 32y Firestone T&R (2). 2 38 % 37% — % 19% Pac Am Fish (+1.20) 2 4 7% Texas Gulf Pr a5c Net change. -3 g The bank opened for business on [ 1011y 83 Am Ag Chm Del bi_. 9% +8 51». 463 First Natl Strat2% 1 47 » 11% Pacific Coast % 117 3814 Texas Guif Sul (12) 3 Today, close 96.0 465 711 the morning of April 7, 1913, at an- | 41% 281 Am Bank Note (11). 28% 46% 387 Flintkote Co (1) 2 40% 4 25% Pacific Coast 1st pf.. 8 k 4% 43% Texas& PacRR... 4 4 2 Prev. day.. 95.7 464 708 other site but soon moved to the pres- | 75% 60 Am Bk Note pf (3). 60 5T% 47% Food Machine (1) 6 b8 2 311; Pac Gas & Elec (2)_ . 1374 Tex Fao C&O bl06. - 5 Bis + %) |y oo 1oLs 503 7 ent location &t 80% 617% Am Brake Sh (12) _ 62v 5414 48 Foster-Wheeler 3 50 4314 Pac Lighting (3) 5 11% Texas P L T (al0c). 26 13 3 DL 080 3 5.0 Ninth and G ’1’: Am Bra Sh rts Ap 15 14 | 18% 12% Francisco Sugar 1 14% A A 7% 84% Pac Mills (b50c) g p p 10 Thermoid Co _ * ¢ Year ago... 85.6 486 64.3 streets, where the 3 e e e 108 324 26% Freeport Sulph (1)_ 1 28% p 9 2214 Pac West Ofl(a6ic). 7 812 5% Third Avenue_ «| | 1937 high__ 1016 540 75.3 ThadGuaTers ; oA Houndeyy 48% 35 FullerCo2dpf. .. 10s 35% 4| 125 10% Packard Mot (b15c) 23 Thompson Prbd0c_. \ | 1937 tow._. 941 464 69.1 a 4 92% Am Car & Iy pf(b4) 19's 15'% Gar Wood (a55c) 4 16% 16 11% Pan Am Pet (ag0c)_ 7 % 6% Thompson Starrett. 1936 high.. 99.3 435 53.7 728 have several times 3% 13% Am Colortype i 16% 124 Gen Am Inv(aTbc).. 2 18% : 412 2% Panhandle P& R % 19% Tide Wat A O (60c). 1936 low... 734 434 551 been improved | e 26% Am Comcl Al a50¢ 19% 16% Gen Baking (160c)_. 4 16 881, 60 Panhandle P&R pf 5 + % 22 Tintken Detroft 11.. 1932 low... 175 87 239 16, and enlarged. s 942 Am Crys S 1st pf 14 10% Fen Bron: 4 10% ey ¢ 65 Timken Roller B(3) . 6 ; OW -.o.e. 9 169 ; ; 313 81y Am Encaustic b iy : 28" 22% Paramount Ple ul . 1929 high_. 1469 153.9 184.3 157.1 The banks e g 3214 257 Gen Cabl, 9 20% 2 ; 20014 161 . Paramnt 15t pf (8) . % 1% Transamerica t40c_ e e e e #teady growth has % A Fadead P’" J 65 54 Gen Cable (A) 591y 4 59y 26% 20% Paramnt 24 pf 60c_. 12 ; 29 17% Trans Wst Air a25c. - been most grati- k% SRl T 126% 114% Gen Cable pf (a7) 2214 1221 4 814 4% Park Utah b o S % 19% Transue & W (160c). fying to President : L el 647 524 Gen Electric (b40c). 6% bt i prreTevs G 1% "9 Tri-Contl (asle) __. e & Leather. 44Y% 39 Gen Foods (2) s 78 5% Parmelee Trans ) 814 Truax-Traer(bZic). Francis G. Addi- 2% 4615 Am Home Pr +2.40 3% 214 Gen Gas & Elec(A). 4 214 104 814 Pathe Film Corpooc. GAS 833 20 Genit Hoxibblc son, ir, and the | Am lce 124 1170 Gen Mills pf (6) s e e 1204 Twin City RT _. other officials. | | 17% 13% Am Interntl (a40¢)- 7015 60% Gen Motors(b25¢) . 3 P:;‘rl;’" Cofp L 78 TwinCR T pfald . Associated Press Financial Writer. Deposits on _the AR (e 12250 155 Gen Motors pt (5) 1 504 Penick & Ford (13) 504 BB0KE - | (S 208 1 0 D i Conchi(aliel) = NEW YORK, April 3—Selling dried opening day to- T ATSMACHA Mat 60, 7 Gen Print Ink new. 97 Penney J C) (4) g L 4% Ulen & Co Joors up in today’s brief stock market ses- taled $32,226.32 : 2 5*- 4% Gen Pub Service. 4 4% Penn Coal & Coke 86% Und-Ell-Fisher (3)- ¥ Y sion and selective recoveries of frac- i F. G. Addison, Jr. 50% Am Metals Q 654 511 Gen Ry Signal (1) e : 63 Union Bag & P (2) f b and had grown to 5 62 Am News (NY) (3) 5% 4% Gen Realty & Util .~ 7% Penn Dixie Cement.. g g 111 100% Tnton Ger (8.30) tions to 2 points or more prevailed in $7,447,605.43 on the date of the con- 11% Am Power & Light_. «| 487 39 Gen Realty & U pf.o N s ey B kil i 2 exceptionally quiet dealings troller’s call of prcember 31, 1.938’ 2% 55 Am Pw & Lt pf (5).. 7% 70% 60% Gen Refract (a3%). 1734 Petr Corp Am 290c 148% 12614 Union Pacific (6)___ 5 Further improvement in United Julius I. Peyser, the bank's first 66 Am Pw & Lt pf (6).. b 33% 28 Gen Thea Eq(b25c). 1074 Pfeiffer Brew (1.20) 313 26% Union Tnk Car 1.60 States Government securities, evacua- president, is now chairman of the A Radiatorane. i 43% 37 Gen Time Inv(t1)_ 50% Phelps Dodge bisc_. 17 3614 27% Utd Afreraft(asic). Y i + % | tion of Chevrolet sit-downers, signing Board of Directors, Mr. Addison hav- | 53 3310 Am Seating (a23§). 4 207 154 Gillette 8 Raz (11).. 5% Phila Rap Tr (4) . __ 3 194 Utd Afr Lines a20c. 4 197 of a wage-hour agreement in the soft ing occupied the president’s chair for 11 gitas 2)c ‘| 29% 20% Gimbel Bros 2 1'3 Phila & Read C& I 9 7 A 79 Utd Carbon (4) 4 7 | coal indust; d belief b Q 41 Am Shipbldg (2)___ 901, 83% Gimbel Bros p2(6) . i LT SearriahIN) & 8% Utd Corp (a20c) < 6 7 coal industry, an ef an amicable soveral years. He is a former presi- | 105% 881 Am Smelt & Ref(3) % 513, 43% Glidden Co (2).____ 5% hillios Patron e 4% Dt Corp bf (3) candlusion of the|Chryaler ulon nego- dent of the District Bankers’ Asso- 105 Am Sm & Ref pf(6) ; B 67 5% Gobel (Adolf) S 49|« Phillips Il’let:o 2)- 4 5 141 Utd Drug (a75¢) s 149 tiations is imminent helped to bring ciation, and is now chairman of the | 13 Am Sm & Ref pf(7). 5 ; 50': 81 Goodrich(BF)(al) Uil ntieae p 7% Utd Elec Coal . z in mild support for the list association’s Committee on Law and = J04 3T Am gteel ¥ (bove) - %] 87w 79% Goodrich pf (5) 1 2 Kbl 85 i f"i?}rscv:l(r”'ll?lfnurlso 2 3 6 '3 Utd Fruit (13) B4 83% 85% — 4| At the same time many issues were of the executive council of the Ameri- | o 5 o e it == 4 S Pitts FW&C pf (1) % 17 b2 Utd Paperboard . _ y ‘ there was an assortment of lose: > i y 1 3 615 Granby Ci B 101 4 > q % i . = 5T S v s | TS at can Bankers' Association. His work | 997 80w Am Tobaces B (5) : (|l S aTanTy Sonaney) A 0134 Pitts Serew&B blie 1 17 e '] the close. Oils and specialties, with & for the Better Business Bureau has | 150'4 12813 Am Tobacco pf (6)_. 36 13 42 Grant (WT) (11.40) 2 31 24% ;};:::‘::"" Rl SheSh S K2 | 5 US Gypsum (12) : 4 T1a, | few steels, motors and rails, pointed 204 16Y ‘e F 4 16 q = . R < : t 5 it S spltia = | " 8 i y 241, Plymouth Ol (11) ! s| 43% 3715 US Indus Alcohol 4 4 + % | virtually neglected for home renovations and im- Am Woolen = 21, 35 Grt West Sug 12.40- 5 v 2% + 4| ot aign’tor i 9 64 Am Woolen pf (bl). 7 # 33 Green HL (1160)- ZoffiECoRE COLB) 8 | e Tfmal Sinect davpearedio fibal sull provements. A 74 Am Writ Paj k. 13% 1 S Leather (A)vtc. E 97 + " | under the infl " o per (d) | 2 2 7 = o 4 , er the influence of administrative On May T 1028, the bunk estb- | i 41} Am Writ Pap bf (@) e e - ST Borto ® AMTOL ES 4 e 2 *1 | trowns on mounting costs of durable hsheh 1 brf‘r:“x e b SpAmCincllied i ™| 59 40 Guantanamopf __. ; 317 25 Pressed Stesl Car... 2% 443 U S Rubber.. .. i 66— | goods, but yesterday's shock seemed to northwest, which ,;‘5 que a su 914 ‘né « Anaconda (\:‘w (1) 1 36 32% Hack W pf A (1%) 3 3 3 p 2514 Press St] 18t pf 25 b 26 21 3 10 % 105 have worn off to an appreciable ex- stantial addition to the institution. 3 Anaconda Wire (12) 131 Hall W F Print __ 4 17T% 17 i+ 67 Press Stl2d pf 21 g 4 4 5% 51— \, tent. Transfers were around 700,000 Sales and Collections Jump. T R TIE D § | 504 Harb-Walker (12) 3 53 § 59 Proctor & Gam(1h)- 56 | 5 USSte 90 117% 115% 117% ~1% | shares 0 oo ) carRonSEtaaTanaswl Torcennlrarnro R lvenanng o || ++ Sa (Complled by the Assoctated Press.) Upoyey BY VICTOR EUBANK, i+ 144411 +44 FH4 L+ A 1+ + +1 P4+ 1+ RN o 129 Harb-Walker pf () Lt | Tnit § 5 5 of sales K 59 rmstrong Corl 3 1 P f o T o S 10! e Total net sales and collections on 915 Armstrong Cork(2) % o i 4* Pub Sve N J (2.60) 4 g . T % Shares on the upside most of th nccounts receivable showed substan- | 164 18 Arnold Cnst b623%e ‘ Hs it Corp TRl e 6 e ELTGEIb B IS ; SR ’ | time included Skelly Ofl. Texas Corp . 3 = : 57 Hayes Body b p sxvl ullman Ine (1%) 4 6 4 ? E Jtil Pw&Lt (A)(d). 4 e . tial improvement during February for :':‘y'li Assoc Dry Goods ‘ 109% 101 Hazel Atlas Gl (t5). 4 3 B 1;\5 l‘:nre 01’1‘ 3 % 2 5 Vadsco Sales Corp .. | Seaboard Ofl, Phillips Petroleum, Con- a group of manufacturers reporting | &% 0% fi:cfi 2:3;“:{?{‘ 157 13% Hecker Prod (60c) -. 3 31 13 v 108~ Pure Oil 8% pf 4 . E Vanadlum Corp..... tinental Ofl, Standard Oil of Indiana, to the National Association of Credit | "7, ~..¢ MTCO‘M! un:u“- 3| 111 102% Hershey Ch pf(t4)_ 6 4 18% Purity Bak (80c) - g 9% 19 s 213 Vick Chemical (12)_ Shell Union Oil, United States Steel. Men and Bureau of Foreign and Do- | 3 3014 Atl Refining (1) __ 5 g ‘ = | B2m hv Holland Fur(al).- i 2% 10% Radio Corp [ 7 1 Va-Car Chemical Bethlehem, Republic, Chrysler, General mestic Commerce, a continuation of | 181 16% Atlas Corp (80¢) . 7 | 15‘% “1’? d {}g”:::“;“: ;’5:‘?;) 744 Radio pf A (3%) . 7 X :IB-IC” %hefl"&%kf" Motors, Deere, Westinghouse, Santa Fe, o igher | ) : 5 ; a0% S 4 7% Radio-Keith-Or (4 a Iron Coal&Cuke 5 : gains in sales and higher r;):\lecgon | _n‘ A\l}as ;mg pfh(-({) 5 5 8 | 43% 31% Holly Sugar (12) 3 38 3 E . - n:‘;“l;:! Al?fl!&)) ST Pennsylvania, Chesapeake & Ohio, rates recordodv in each month since | 94 2% ;\‘IM- wdr (f. 5¢) . 1 8 1 431 355 Homestake (112) _ 3 3 3915 Reading RR (2) 9 Wabash pf (A)(d) . Omnibus anp Crown Cork, Inter- January, 1916, compared with the 133 2 A:‘:: P“Adl‘lp (5)-- 5 41 37 Houd-Hersh A(233) 4 § 22% 18% Rellable Str (ab0c). 1513 Waldort Sys(+1.20). national Nickel and Cerro de Pasco. ln¥e Tomtn u} mof pr:\'l(;t;.; yeur. | S O tien C“Q:p Bl S 9 . g}’- fifii gwd-:‘{le; ;3‘"1;':_') 22 L 914 21 Rem-Rand (160c) 29 Walgreen Compan. LS“PDM a shade either way were otal net sales of the 5 manu- | 3 p == 2 + Housel “in pL (s 92 9 1Reo Motor Car__. 11% Walworth Co _ Jnited States Rubber, Goodyear, facturers throughout the country re- S ealdwinoco (d) 175 12% Houston Oil vte . 5 7 Republic Stesl 6% Ward Baking (B) Goodrich, Anaconda, Kennecott, Amer- porting in February, 1937, regis ered‘ ‘“?:E:I:i&}::.“;’;‘?é’f”’ 3 4 ogn ;iog:oio{lx:? (13) : : : 4 13% Warner Bros Pict _ ican Smelting, Standard Ofl of New 1 3 = 2 2 ' Hu A or. 2 " 3 5 25 p. 25 £ 7 V - 9 1 7 4 2 ruary, 1936 W". Ompab)r"\ml,mlg;l % Baltimore & Oh pf.. 2 42 g 2215 [1linols Central _ 33w q Rutland R R pf - 3 o Webster Eisenlohr Y Edison, North —American, Electric seasonal Finfluenoes, ERELIUATY, L220 : paneor& ATpLi(s)__ ( : Indian Refin (a1) 1 17% 1Tl 1T% 3 974 Safeway Strs pf(5). 2 2 | 56" 46 Wesson O&S (130c) : |Power & Light, New York Central, 36'% Indus Rayon (2) .. 41 1 5 - t Joseph Ld(b50c) E 5 5! 1004 West Penn El pf(6) 3 g Southern Pacific, Great Northern, 2 [ngersoll Rand(t2). 3 3: L 514 St L-San Fr pf (d) .. 109 % West Penn El pf(7) H 3+ General Electric, Boeing and Monte eales registered an increase of 2.4 Barber Co (a75¢)-_. per cent from January of this year. | ! \ Barker Bros The highest collection percentages n.:" :{:rrxidgll r}_)’ Inland Steel (4) - b 115 27 Savage Arm (al) . - P3 12314 119 West Pa Pwr pf (7) 2 2 gomery Ward . 3 | » Bayuk Cigar t75c _. 4 Ci 5 g 5 27 K 3 o S L & were reported by the meat packing | 7 18" Belding Hemin (1)- ln!blrn)lflon Cop | 21: Schenley Dist(b75c) 1 b 4 11:. Western Mar;» land._ ’ 4 Backward were Monsanto Chemical, , for each of the [nter Rap Tr vtc(d) . hulte R Strs (d) 4% Western Pacific ? F Industry, the figures for each, of 0| 30ix 243 Bendix Avia(b2sc) Intercontl Rubber . 19 9 ; ; O R EPE (I, . 1 Sy a6 708 VWeatt o Vet (31 14| Johns-Manville, Sears-Roebuck, Wool three months covered exceeding 109 23% 208 Benef Ind Ln (b Interlake fron ___. 2 Sl 250 : S D ot o worth, National Lead and Lone Star per cent, indicating that customers of y Bes 2 Int] Agricultural 28 : : o e aaner 1% % Ny 10708 1357 Westinsn'es B (b1) Cement these firms took less than 30 days on | 105': 73 ‘Bethlehem (al Intl Agricul pr pf 6615 54 ; S PO o SN ioe s Weato il Inataste 3 . Intl Bus Mach(16) - 2 9 Sears Roebuck (3)_. 37T 3615 Weston Elec(A)(2) 208 3 7 @ Intl Harvester(214) 4 31 34 28 Servellnc (f1) ... 3 29 3 Westvaco 5% pf 115 1 317 % 81% — 3 TRAD'NG IS AcTIVE Intl Hydro B1A .- 179 : 3 214 29 Sharon Stl (11.20) - 613 36% 361y Wheeling Steel ___ 59 the average to pay for their purchases.| 38 30 Black & Deck bi0c__ The percentage of 161.3 for February, | 223, Blaw Knox (b20c)_. Intl Mercantile M __. 3% 13 Sharpe & Dohme .. 234 White Motor 9 2% 29v 2 [nt] Mining (ag0c)_. 141 141 1 7 Shattuck F G (60¢)_ 5% 15% + “u 15 White Rk M S(1.40) ; ON WooL MARKET Intl Nickel (b50¢)_. 2 68! | 343 267 Shell Un Ofl (a25c)_ 29 31% 32 Wilcox Oil & Gas . 2 5 163 Intl Paper (A) 4 22 2 4 Shell Un O1l pf 5% _. : | 12 Wilson & Co (50¢) __ 10% Intl Paper (B) 3 A » Stlver King (b25c)_ 61e 16 79% Wilson & Co pf (6)_ ; 5% Intl Paper (C)_. tmmons Co (b560¢). 54% 54% 5% 51% Woolworth (2.40) _ 8 5313 53 53t Faster Pace Set During Week, 90% Intl Paper pf $ L 31 Stmms Petrol___ 26 7 34 Worthington Pump. ¢ 9% 391, + Faneci : um1 img Ink (;2)“ F Skelly 0il % 5 5% 5814 -2 2 Worth Pump pf(A). g specially in West, Reports Intl Ry C Am pf A . 511y 197 85% Sloss-Sheffield Stl. 76 681 Wrigley W ir (3) 7 70 . : Intl Silver : : 23 Snider Pkg (b133).- : : | 6214 49 Yale&Towne(160¢c). | Commercial Bulletin. Int] Silver pf (a4)__ 60s o 16% Soconv-Vac (b25¢) 9 g % 75 204 Yellow Tr & Coach_ | BYite Astociared Press % Intl Tel § Tel % 248 2 4% South Am G & P(30¢ K Young Spré& W(t3)_ 2 BOSTON, April 3—The Commer- Island Sx‘ eek (;37 8 A 1 : South Fort augnz; 3915 39 39 5 % 75'% Ygstn S&T (b75c).. 9 92 2 | cial Bulletin says today: Johns-Manv (13) _. ] 9 3 614 So Cal Edison 1115 _ 26 26 33 Zenith Radio (bl)__ w . p R — Johns-Mansy pt(1) ‘ 5% 121 Southern Pacifi 0% 60 6 i "Tu Gomite Products | %1%+ % | claly: o the West, whene, new i 123 Jon&L 7% pf(bl%) 24 Southern Ry 3 3 3 SGHNERT, S LDl 20 Kans City South . P P P . % 47% Southern RV pf-. % + %, Approximate Sales of Stocks on the N. ¥. Stock Exchange. | purchases have become more gen- 2814 Kaufmann (71.60) .. 2 2 7 Spalding 1st pf____. B 11:00 P.M... .. 300,000 12:00 Noon _.._, 640,000 |eral. Ordinary to choice French 15 Kelsey-H B (a1%4).. 3 514 g Sparks- Withing _ 4 B Dividend rates as given in the above table are the annuai combing clips are fetching 30 to 33 D ) 7 2 : Sperey Corp vic(a) 20 19 2 cash pavments based on ihe laiest quarterly or halt-searly dec- | cents and the choicest fine staple 171 Keystone S&W bi0c 3 18% | 337 28 Spicer Mfg (a3) __ 32% 31 32% - Nt ot coad tha A | clips all the way from 35 to 38 c Further substantial gains in home\ s e 32“ mmb"‘fccrl{“)”锓 3 41 8 ;f“:f“%”,‘;:;é:’(:{‘;c)' - f‘z" . 2 Uil s Bl e D A rees e plal e et | b Tesas, ‘whils bright m:dixrxls: | 5 515 Kinney 5 3 . 4 L % Stand Br 5 n ac i ¢ t building are axl;tmpa;cd 11;1 ;he' clurre:); 15 CRlumet&Hecla (1) i R liasr a1y 195 82 Binnd Cotn Tobase.. 10% 104 Sl Ithene TWaTe I8 miTs. W beos - kuiied: | ficeces are quoted st 37 10 40 cente year, unless there s (:u evel opI Bl 30% Campbell Wy (1) . 248, Kresge S S (b30c 2 25 y = 2 to the grower, according to the wool. andie re incontructon ot 1 | 35 fZ” Sl T nhhe LG : MPANIES i i INSURANCE STOCK i, mosly toF foreign wooe expec at some \f e ‘anadian Pacific . 3 ? | 2m% 2 Laclede Gas (St L). 2 7 » demand. mostly for foreign wools, units will be built, as compared with % 50 Cap Adm pt (A) 3) + 1 Lambert Co (2) 5 L INVESTING CO Se(,lll'ltV Offerlngs CKS R T B“ i an estimated 275,000 last year. Hous- T Carriers & Gen (bbc) y Lee Rubber (50c) 2 53 NEW YORK. April 3 (# —New York RS R York which are fully firm as compared ing experts figure that for the next | 5935 Gaterplllar Trii2)- § e d : . i Leh Port Cmt 1% _. 848 s | Security Dealers“Association - j Show Sharp Dl‘Op Ssoct e, | itz mesk i i 44 1+1 (R | l4+ 1 +4+ P e 33% Boeing Airplane t | = 1937, indicates that the accounts ] 41 Bohn Alum & B(3)_. owing to these firms on February 1 2614 Borden Co (1.60) . were paid on an average of 18.6 days. 721, Borg-Warner (4)__. Bank Loans Up $220,000,000. - 814 Boston & Maine Recent statistic indicate that the | :*3,‘- g;:dz:gv‘!nfirfs';fiflc 2 upturn in bank borrowings, which was | 33,0 ya:¢ Bflgisksfllm;:a; - expected by many to follow somewhat | 47 41y Bristol-Myrs 72.40_. upon business improve- | 53 40 Bklyn-Man Tr (4) .. , now may be under way, says | 102! 97 Bklyn-Man T pf(6). this week's United States Chamber of 8 Bklyn & Queens ___ Commerce Review. Commercial loans | 38! % Bkn & Q T pf (3) of weekly reporting banks have shown | f’;‘: g‘r‘éfi' l;f;‘fa(sz“a) increases for seven consecutive Weeks. | 541, 501: Branswick. Balke. The rise has been $220,000,000, or more | 551, 191, Bucyrus-Erie than twice the net increase durmg‘ 11'; Budd (EG) Mfg ___ the corresponding part of 1936. As| 13 912 Budd Wheel(a20c).. compared with a year ago, commercial | 3 % 30% Burr Add M (80c) 5 A 000, 3 29% Butler pf (1%3) loans are up $912,000,000, or 26 pel 1 131 Butler Bros (b15¢ cent. 9% 5% Butte Cop & Z(asc) - [P QIO JUTDETE SOy NOR WA BD 26% Celanese (b75¢) __ % 3414 ; 5 (Sal 4 reveral years the country will require | ¢, k Lehigh Valley Coal. Admin Fd 2 ; Q:m: ‘ifii (2a) c 19 4 “Foreign markets have been mostly = Celotex Corp pf(5) - | Lehigh Val Coal pf. 3 V2 A 8hi more than aé)o 000 um; lfn mrll(ee“u;;a hf 391 14 Cent Aguire (1114)_ o RS e 1 1 Am’ Business Shrs =t ¥ Fl'Onl 19 ‘6 LeVel R;i"éqk.‘{fi{.éfl?‘ - 4114 | closed but very firm this week. shortage and to pro:}(e or m “ &% Central Foundry g M 4 % Lehman Corp (13) _. 5 12 - 5 Am Ins Newark ( 2 “Manufacturers are finding new 1lies, the rev 1ev'\ stal e;.l 3 ]%[l_) g:::r\giof}ei‘;lubl Jo: 3 E ‘ Lehn & Fink(all). g i1 % | Bank Up Shrs. | B the Associatea Press. fim ‘}‘i‘,"e‘,‘,e (am 4214 | business rather slow, usually hgve Deposits in Startling Rise. Sug. .- Y 5 Libbey-O-F (b75¢) - ¥ B v 3 NEW YORK, April 3—New securi- | Am Surety (2!2) A0 three to four months’ orders ahead. 6% 671 C T A E 5 In a study of the 150 largest banks | . SIE0 db Ruscol(®) Libby McN & Li(a1). 3 g . . y | Broad 8t Inv 95_ |ty offerings for current week were T T s “Mohair is very firm. As high as > s 16'% Certain-teed Prd _ 1 7 T 7% | 5% Life Saver (11.60) .. 26'y 26'% llock 8 kt in the English-speaking world, which | g5 " 6714 Certain-teed nf (6)- s —21 10014 Ligg & Myers B t4.. Bl i i |larger than the previous week, but Strolna (130) : 3 | 73 cents has been paid in Texas for the California Bank, Los Angeles,| 58 351 Champ Paper (1) Corporate Trust A A - > adult Spring hair.” = : 21% Lily Tulip (f1%) ... 2 1 small in comparison with the record | Conn Gen Life (.50) 8 b pring . makes snnually, 5 semarkable growth | 108% Champ Paper pt(8)- | 59 Lima Locomotive_ 7 Eorp T At Ser - | tor the corresponding 1936 period. | SaiPSAS (70— IE e n deposits during the recovery peri 90 78% ChesapeakeCrp(3). & - 4 43% Liquid Carb (2.60) ; Corp Tr “Kce ‘mod_ - ; z A compilation by Poor's Publishing | Firemen's Nwk 133 is revealed. There are now 136 insti- 57% Ches & Ohio 2.80 5 61% 6414 Loew's Inc (12)- 794 4 [[Cumulative Tr B2 koo c. phmpm. o financing at ;ggffgre-nng‘m;rfl(g: 913 3 CHICAGO PRODUCE. ? | tutions with deposits exceeding $100,~ 2% Chi & Bast Il (4)._._. 4 2% Loft Inc 3 Depos Ins Shrs ° 304,882, against $3002147° for the | Glen Fails (1.60) a1 CHICAGO. April 8 ».—Poultry. live, ¥ 000,000, as compared with 122 mtl el B | Biretdes ¢ - | week ended March 25. The gain was | Giobe & Moy i ot 5000, eaiy” prises whebaaged. Jgar an 10 814 Chi Ind & L pf (d) - = 22% Lorillard P (11.20) - Eauity Corp $3 p Shong el Tum Bl N o Syidendichre | accounted for by Panhandle Eastern Great Amer (i) - 38 Eesss edy._prices_unchanged. A study of the history of these 150 3 2 Chi Mil St P&P (d)_ A A 19% Lou Gas & Elec (A)- | Fidelity Fund Inc ;Pipe Line Co.'s $24,000,000 bond issue. | Hartford Fire (2) " American, British, Colomal and Do- 4% Chi M St P&P pf(d) / | 99 884 Louls & Nash b2%; 90 9 4 | Fizst, Bexton Lorp i | New Offerings in the same week last | Home Fire Sec OFFICE EQUIPMENT minion banks discloses that 44 banks, 6 31 Chi & N W (d) 29% Ludlum Steel (t1) 374% 37 Fixed Trust Sh a 3 5 year amounted to $201,112,149. Homestead (1) or abeut 30 per cent of the list, are 22‘.82: En‘ezn[-):t;c“;r)eax 3014 McCall Corp (12) ‘}fn‘ojl;lgd I;x;rmsm A e = LEE B setot e irga compariaom‘f“”"r‘g,fi" 7o wEDSEku.. BUY OR EXCHANGE e esks Steel Files 100 years or more of age, 29 being 23 18% McCrory Stores - 9 9y % | Pund Tr Shrs A follow: : < , 6% Chi RI&P 1% pf(d) Lt Bund e S ollow: 3y B3, | British and 15 American. The oldest 1814 Chicasha Cot 01l 281 MoGraw/HIE b1 : | Gen Investors, Tr | iiizoc 78 ; Nat & 5 Tables Steel Cabinets bank in the group is the British insti- 1215 Childs Co 38 McIntyre Porcu(2) % | Geon T Municipal _ £ mnu mm 53 Tadi000 | Nagl Liberts’ ¢ 20m) 1 A % Chi Grt West (d)_.. 3 3 56 Lone Star Cmt bT5¢ 3 Depos Ins Shrs "B b LI b i . Group Sec Agriculture __ N Hampshire (1.60) - \ Chairs Safes 0 401 McKeesp't Tin Plate | 7 it -64 | Industrial 24.000 ¥ : 4 E tution, Coutts & Co., founded in 1692, | 80 ~ 46 Chile Copper (1) %K sn &Rob LS 1B %15 e e, 3 4G | Batiroad 20.000 - e e 2 BAUM’S FURNITURE HOUSE almost a century before the founding | 135% 110% Chryaler (b13) ... 16 McLellon St (b75c)- Group Sec Chemical - T4 Bublic utility 22222 1l000i000 | Fhoenix (28) 9 Snn e e et W Pheis) NALSEHE in 1784 of the Bank of New York & o, R:v 2::3 ifi:&:‘“”*‘ 7 42% Mack Trucks (+1)_ . 5515 -y grgfig Sec Invest hrs 3 —_— T ; * il e ' = 9 3 1 ). Y roup Sec Merchandise 5 B 8pri flelc 4128) " o - ~. Er:u:;ec?fi‘he oldest American bank | gg, 321 Clark Equip(11.60)_ : y “;"1)““ R ey 3¢ 13 Group ‘Sec Minmg - i NEW YORK COTTON shf,f:'if;f. ( ;%"“ st tas ; ; h - Fou z | S e T e e o 65.4 53" Magma Copper (2).- i AR S T Togre Al s i e Second Trust Notes eity is among those listed as having | 25% 19% Colgate-P-P(150c)- 4 30" 20 Manati g";l,, @). ¥ Group Bec Tobacco - ¥ | BY the Associated Press. Al80 extra oF exires. . || We will buy monthly payment deferred over $100,000,000 in deposits. Al- | 112% 108% Collins & Alk pf(5)_ 16% 14 Mandel Bros (b1) - 15% JEoR Folame 43 |, NEW YORK. April 3—Cotton| &—Declered or paid so far this yen Beeires om owner-oceuoiea " dweiines though a different type of bank from | 31 ;i S"} Fges‘“m“'b“ 6% 4% Maracaibo Ofl Exp_. 3 5 5% + Insurance Group Shra it futures opened steady, 2 to 4 higher, e ‘ inD C. and nearby Md. & V the others, the Federal Reserve Bank | o o8 coromsq ahist bt 2 2 14% 104 Marine Mid (1400) . & .12 Jestors B8, Sind "B-3 72 95 |on improved Liverpool cables, partly) D)|VIDENDS ANNOUNCED || U Fi of New York is given as the biggest | 691 567 Comel C,',m‘m,c . 614 4% Market St Ry 2d pf 5 5 Major Shrs Corp ki - | oftset by liquidation and foreign sell- pi bty | nion Finance Co. bank in the English-speaking world, 4 66 Comcl Inv T (14)_ 30% 18% Marshall Field Mass Invest Tr - 7 3 ing. May, 14.42; July, 14.28; October, | cared (prepared Aorl d groiidends d¢- || 916 Woodward Bidz __ NAu 7836 with deposits of $3,183,684,000, with 17% Comcl Solv (t60c) - 7 3 T 5,?' 63 i’{:;,fi’,’.‘,fi'f,’{y- e I S 13.73; December, 13.66; January, | tics Corp) Aeviead | Midland, London, second, and Chase 3 Comw & Southern 41% 36 Mathieson Alk(1%) Nation Wide Voting ‘32 | 13.68; March, 13.71. Pe- Stk. of Pay- | National, third. o Bomy, e BonpEEN 12 Maytag Co (a50c)._ 1 125 N ¥ Bi Tr Shrs 1o aits 5} : Nervousness was stl in evidence | apiantic coast msnitigsriod- Tecord. & REAL ESTATE LOANS 15% Store Changes Boost Sales. o ggu gfifi'fi’;fi“,’,’;“.’:.’.“;’f:: 111 106% Maytag 1st pf (6) - 0! Am Share regarding future policles of the ad- Resuls 5 57 RESIDENCE and + & James W. Carkner, who has been 39% Gons BAis N ¥ (12)- 33% 25% Mead Corp 4 28% 28% +1 N Sh n5 ministration on rising commodity | American Sorew SMALL BUSINESS 20 i i Buckeye 8il Cast 5 re-elected president of Loft, Inc., 4+ 15 Cons Film pf (a2)__ 88% T m;w:gecihneus).. 3 6% — % | Nor A a 825 prices. The Far East was an out- | Do 6%e ?r‘; 1nEs 132¢ PROPERTIES. which has five stores in Washington, 15% Cons Oil (80¢c) 41 368 Merch&Min (11.60)_ Q ¥ standing seller in initial transactions $1.50 reported to the directors that the 4 Cons Textile (d) .. Am 8 Sssiains while other offerings came fore Liver- FRED T. NESBIT recently instituted program of re- 8% Cons Coal (Del)vte 1010 VERMONT AVE. DISTRICT 9392 h (b1 6T% | 72% 59 Mesta Mach (b1%).- 2 538 189 |pool and the continent. There was 33 " Cons Coal Del vte pf 8 26Y 16% Miami Copper . Employers’ habilitation and modernization of | 208 Container Corp 1.20 36% 29% Mid-Cont Petal.15_ B 7 2 ot = - |also scattered liquidation and hedge | Fyr-Fyter S1 Loft stores indicates sales gains in 27% Contl Baking (A) 122 1161 Midid Stl 1st pf(8)- Spencen s selling. | Investors’ such stores ranging from 20 to 60 | 5% 3 Contl Baking (B) a0 “fi :"‘:""'Sg{",fi";gi’-v d : : The trade and commission houses nd per cent over comparative periods last 914 59% Contl Can (3) 2 6 5 M ;:“Pas SBritine , ¢ Am Tr were the best buyers and after the gxeuopohun 8L Whse year. This program is being pushed 5 §g:= gon\‘-; {Jlamond (62)4 54 ) = 2. accumulation of selling orders had |EAC, Guano & Fertiliz 70c 4 Contl [nsur (11.60)- 33% 267% Mission Corp (a45¢) 3 33% +1% Pantex Pressing Ma rapidly, he said, and will affect many 2% Contl Motors % 24% Mo Kans & Tex pf A 8 % 30% + M been absorbed the pressure tapered $6 pf $1.50 more stores before the end of 1937. 40% Contl Of1 Del (+1)... 3 Mo Pacific (d) - 5% 5% 5% — 1 | Babcrvised Bhrs L g off and prices rallied & few points, | PALGTPLessing Ma- o President Carkner also announced | 35 26% Contl Steel (b50¢) revision of the pricing system and i 65 Corn Prod Ref(13)_. r - IO EaC o ilid) A 10% Trusteed Am Bk ‘B : ; July recovered from 1426 to 1433 | Amer Gities Purs Ligni' Prevailing Rates 89 Monsanto Chm(t1)- & 20 ~1% | Wellington Fund i 38 |and was at the best after the first half | Mase'Pur & Lignt vt 30c @ 47 4 FIRST DEED OF TRUST ONLY ecurtailment of operating expenses, g6 oty [N isa s o which, he believes, will mean a sub- 46 CraneCo 53! Montg Ward (+2) 9% 60% — % — . hour when prices generally showed net | Walere 1 Mothe Lodeal2%e 2 2% P i 31% Motor Prod (12) _. 321 8214 + % gains of 5 to 10 points. The under- GEORGE[ BOR R stantially better showing in the com- ;‘1':& g;::l": °g?““‘l‘2) 2134 Motor Wheel (1.60)_ A 220 + % FEDERAL LAND BANKS tone continued nervous, however, and FOREIGN MARHTS rieda 0 GE pany’s 1937 operations. 5 1% C,.,,w,,yc.,,k ;”s’(z’“)’ 41% Mueller Brass (+1).. 4T% — % YORK, April 3 (#.—Federal Land | the volume lessened. Sales of cotton| LIVERPOOL. _ April @) —Wheat 643 Indiana Ave. N.W. NEW pri Big Road Outlays Planned. 17 Crown Zeller (new) 31 Mullins B (250c) 2 35 + 8 | Bank bonds: B, Adked. goods for the week were limited. Clear | futures closed firm, hug 1o Fied above : : the previous cl ith ‘May contract st Tentative ailocations for mainte- 99 Cr'n Zell cum pf(7)_ 91% Mullins pf (7) 96 —1 |41 Nov., weather was reported over' the South. | & new hizh for the season. Yesterday's pance and construction of primary 51 Crucible Steel 20 Cub e S Mo S ot (5 0 1090 1000 T |4 M 1o Liverpool advanced on_trade and | Sieneth in, North Ameriear, pakers sad | ;= and secondary roads in Virginia during | o™ 0. <4 d::;‘g’l“s‘:g:&" = 106 Murphy G C pf (5)_. 103% — % |8 y > B the 19: fiscal 1 1 total 157 Murray Corp(a50¢). 16% + % 1% Egyptian buying with contracts scarce. a rg(}?\r:fsler;nl%orn gf‘l‘:‘rle ufi.fl'{:s‘ nlzmvéfig“z SH193C8 0acaliyes: (oA T RIOCIN 4 15% Curtis Publishi expenditure of $18,623,322, Henry G. s 9714 Curtis Pub pf (15— 34 5 100 Futures closed steady, 7 to 11 higher. miller demand improved. }gfi NetlAcee (8750)o= 21 3 73 2 B Lo o Cotton ad\lncg%'.!e‘nnu;)ludyemcznliin cfi’?:é I RO 3 . A Ting nd Eg: Bhirley, highway commissioner, an- 61; Curtiss-Wright _ 29% Natl Biscuit (1.60)_ 35 May, z 7 “;:Z ety Steady. 6 to 7 higher. ' Contracts | 0 Do Chicago % uke Rwys IS 3 3t B DDOO OODO Money for Construction Loans and Loans on Improved Properties FlHd it 4 SR 0000 @ o g - o S - AR AR BN AHO RO NN NNNR R WD w D H che i low! t Hauldati nounced. The amount is $2,135933 | 23% 19% Curtiss-W (A)as0c. 27 SNEdTond & 10 1 46 i 5 13 Homever " Eresident. Hoosevely’ s“u\‘:e 7S ot 29% Natl Cash Reg (1) .- 1}‘ 7e '88 3 commodity prices created a cautious atti- 233 Natl Dairy Prd 1.20. DOLLAR GOES DOWN K7 tude. 17% Natl Dept Stores 8pot_steady: lwuu. 08. T Natl Dept Stra pe IN LONDON DEALINGS | =—ominal 5 U. 8. TREASURY positroN. || CONSTRUCTION LOANS 27% Natl Distillers(t2)_ 83% Natl Lead (160c) .. 6 38% 37% BY the Zssociated Press. cogm.-a ol BY the Associated Press. AND 150 144 Natl Lead pf B (8)_ 100s 147% Bleachable cottonseed oil futures ‘The_position of the Treasury on April LONDON, April 3.—The United . [ 8 81%ii48) Natl Mall L BICBI00 % (B0 States dollar lost 5-16 cent in foreign | Closed steady. May, 1L15b; July, :' R:sc:xs_mé?ss S R STRAIG“T 3 yr. Lo‘"s 14% 11% Natl Pw & Lt (80c)- 4 11% : : : e 1% 1% Nat Ry Mex 2d pt 1 exchange ‘transactions today, closing | 11.22b; September, 11.24; October, | B6o. 2424, clistoms recelpts for thie || b ompt Action on Applications more than was expended during the | 135% 104% Deere & Co_ B present fiscal year, which ends| 31% 29% Deere & Co pf 1.40__ 4 5 laware U lbn West Virginia Highway Commission 2415 1714 Del Lok & West will have approximately $11,843,000 | 401, 361 Diamond Mpt(11%) available for maintenance and con- | 29 2415 Distil Corp Seag . struction of primary and secondary | 51 45 Dome Mines (12)... roads for thet fiscal year starting July | 77% 60 Douglas Aircraft._. 94% 70 Natl Steel (12%) 6 85 s 84% at 4.89 13-16 to the pound, compared | 11.09. Sales, 14 contracts. |Recelpts for: the ‘fiscal vear (since July | 1. The total is approximately $1,750,- | _ 8% 6% Dunhill Internatl... SHi 6 ° : 000 more than was available this year, | 180% 166 Du Pont (®75¢c) . 3 1500 91y 62 NatiSupplyCo . b 89% 89 4 +1% | with an overnight New York rhte of | b—Bid. 3 3858 20 " WA ot Real Estate Mortgage 17 11% Eastern Roll Mills_. 4 141 14% 129% 121% Natl Supply pf a3y 1126 126 126 | $4.89%. 564,67 of emerken:y expenditures: “excess d Commissioner Burr H. Simpson said $ % a4 1 N44.015 4% & Gllll’l f] comon“on i A 175% 159 Eastman Kodak(6)_. 1163 163 18% 11% Natomas (180c) . 1 12 12 12 i —1936 cla: the commission is counting on y East c 0 314 N rt Ind(b500). 8 34% 34% 34% + % | French francs were quoted at 106.34 | West Penn Electric Co. class | dep _.” (.08, 8n incr ¥2,863,000 for primary road main: 1% 32 é:fo;";;‘g:?'d,‘;“" z“f;’gg% ‘Zm ;R: i .‘N";’é‘:,.t,., = 78 5015 49 50% — 1 (t0 the pound when deglings ended, A share umlnxs”ere $63.68 against f::e':.',‘ - L da goe || 1610 K St. NAtL 1403 tenance. 11% Eitington-Schild__. 10 14% 4% 14% + 72 4] NYChi&StL. 4 69% 68' 68 —1 compared with 106.38 yesterday. 1$51.59. 2,611,947 inactive gold.