Evening Star Newspaper, April 7, 1937, Page 18

A—I8 *%%% FINANCIAL. THE EVENING STAR, WASHINGTON, D. O, WEDNESDAY, APRIL 7, 1937. FINANCIAL. DRECTORYISSUR) TTRANSACTIONS ON THE NEW YORK STOCK EXCHANGE[SISG0D0NN 2:15 p.m. 2:15 p.m. Prey 1937 Stock and Bales— Prev 1937 Stock and Sales— High.Low. Dividend Rate. Add 00. High. Low. Close. ehu. High. Low. _ Dividend Rate. Add 00. 16% 6% Intl Mercantile M_.. 13! 13 9% Phila Rap Tr pf(d). 100s By Private Wire Direct to The Star. 2 16 p.m. Net . Low. Close. chge. 10% + % Net Prev 1937 Stock and es— Add 00. Hllh loo' Close. chge. High, Low. Dividend Rate. Net 20% 16 Columb G & El(40¢c). Stock and Dividend Rate. 'z 1937 44 1z BYD. . EXCHANGE | 5, st Full Quota of 40 Members Includes Additions of Last Year. BY EDWARD C. STONE. According to the new Washington SBtock Exchange directory, just pub- lished and dated April 1, 1937, the exchange has its full quota of 40 members, the roster including bank- ers, investment dealers, brokers con- nected with New York Stock Exchange firms and other financiers. The list is a most interesting one. While a majority of the members have owned seats on the exchange for many years, there was a sudden in- crease in membership only last year. The new list gives the names of the members, their addresses and in most instances their affiliations with various financial concerns, the roster in- cluding: Yelveton E. Booker of Y. E. Booker & Co.; John F. Brawner of Wagga- man, Brawner & Co.; R. A. Casilear, Falls Church, Va.; Estate of Karl W. Corby; G. Fenton Cramer, Wagga- man, Brawner & Co.; Merton A. English, jr., George M. Ferris & Co. Henry P. Erwin, Bibbs Building, city; Marshall O. Exnicios, Robert C. Jones & Co.; George M. Ferris of George M. Ferris & Co.; Henry H. Flather, W. B. Hibbs & C George A. Garrett, Harriman & Keech; C. J. Gockeler, Hamilton National Bank; Theodore T. Golden of Theodore T. Golden Co., American Security Building; Frank M. Hall, Hall, Peters & Bryson; J. Thilman Hendrick, W. B. Hibbs & Co.; Estate of William B. Hibbs; Edward L. Hillyer, Union Trust Co.; Charles Jacobsen, National Metro- politan Bank: O. H. P. Johnson, National Metropolitan Bank; James M. Johnston of Johnston, Lemon & Co.; Robert C. Jones of Robert C. Jones & Co.; John C. Legg, jr, Mackubin, Legg & Co.; James H. Lemon, Johnston, Lemon & Co.; Donald H. McKnew, D. H. McKnew & Co.; William W. Mackall, jr., W. W. Mackall & Co.; Bernard J. Nees, Johnston, Lemon & Co.; James P. Nolan, Folger, Nolan & Co.; James O'Donnell, Liberty National Bank; Edson B. Olds, jr, Brown, Goodwyn & Olds; Chauncey G. Parker, jr., Auchincloss, Parker & Redpath; Harold C. Patterson, Auchincloss, Parker & Redpat Myles H. Quail, Y. E. Booker & Co.; Baker T. Robin- son, G. M.-P. Murphy & Co.; Paul P. Rodler, W. B. Hibbs & Co.; W. W. Spaid. W. B. Hibbs & Co.; Benja- min Thoron, 2900 N street northwest Kenneth S. Wales, K. S. Wales & Co.; George A. Watson, K. S. Wales & Co.; Wilton F. Westheimer, West- heimer & Co.; John F. Wilkins, 1700 Massachusetts avenue northwest. The present officers of the Wash- ington Exchange are James M. John- ston, president; W. W. Spaid, vice president; W. W. Mackall, jr., secre- tary, and Chauncey G. Parker, jr., treasurer. Bank Ends 24th Year Today. The Security Savings & Commer- clal Bank completed 24 successful business years today, having been opened on April 7, 1913. The mile- stone was specially mentioned at to- day's board meeting and the officials peceived many congratulations. Present officers include Julius I. Peyser, chairman of the boar Francis G. Addison, jr. president; Fred McKee, vice president; T. Hun- ton Leith, cashier; J. H. Beall, J. O. Lehmann and J. L. Shipley, assistant managers, and Charles K. West, assist- ant cashier and manager of the K street branch. The board of directors is composed of Mr. Addison, Dion S. Birney, F. A. Blundon, J. A. Councilor, Diller F. Groff, Benjamin H. Gruver, John B. Harrell, George E. Judd. Mr. Leith, Mr. McKee, Benjamin Ourisman, Col. Peyser, Stacy M. Reed, Morris Simon, William W. Spaulding, Milton Stras- burger and William C. Sullivan. Denison Named Bank Auditor. Directors of the Bank of Commerce & Savings, meeting yesterday, elected Harold W. Denison auditor of the bank. The new auditor entered the banking field shortly after his gradu- ation from McKinley High School in 1923, becoming connected with the Riggs National Bank. While at Riggs he took many courses in the American Institute of Banking and became di- rectly connected with the auditing de- partment in 1929. He has been asso- ciated with the Bank of Commerce & Savings since the middle of March and has already assumed his new duties, Vice President Thomas J. Groom announced today. Real Estate Bonds Steady. Unlike the trend in the general bond market during the first quarter of 1937, bonds secured by real cstate properties in the Eastern section of the United States have continued the steady progress in prices that has characterized these issues since the low point of 1933, according to a re- port on its index of 250 real estate bonds made by Eli T. Watson & Co., Inc. The first-quarter gains for all issues included in the index amounted to 2.1 per cent. Chesapeake Corp. has called for re- demption on June 1 all 5 per cent convertible collateral trust bonds, due December 1, 1944, now outstanding at 105. These bonds may be converted on or before the redemption date into common stock of Chesapeake & Ohio Railway Co. After July 1, 1937, no interest will accrue on these bonds. Lively Trading on Exchange. Trading on the Washington Stock Exchange today was characterized by 8 lively demand for bonds. George- town Gas 5s were the most active, five $1.000 transfers taking place at 113%5. Capital Traction 5s were firm at 983Y, and City & Suburban 5s ap- peared on the board again at 84. Washington Railway & Electric 4s registered 106 and 105%. The only stock sale was 20 shares of Real Estate Mortgage & Guaranty pre- ferred at 5%, off % from the last sale. ‘The Securities and Exchange Com- mission has given a tentative draft of over-the-counter regulations to the Investment Bankers' Conference for suggestions and criticism. Washington Chapter, American In- stitute of Banking, will have a forum meeting this evening in the American Security & Trust Co. board room, with a special discussion on “Federal Re- serve Requirements.” KRESGE SALES SHOW GAIN OF 25.8 PER CENT By the Associated Press. NEW YORK, April 7.—S. S. Kresge, Detroit, reported sales for March of $12,634,506, compared with $10,043,390 in the like period last year. This Tepresents an increase of 25.8 per cent. 581 25812 7% 101 247 Adams Millls (b1)_- 3 Addressographb (1)- 5 Air Reduction (11) .m Air-Way Electric__. 137 Alaska Jun (1606) - 374 Alleghany Corp-_. 4313 Alleg pf ww $30_. 43% Alleg pf ww $40. 43 Alleghany pf xw. 411 Alleg Corp pr pf. 361; Alleg Steel (b40c)... 225 Allied Chem (6) __ 251 Allied Mills (b50c)_ 1614 Allied Stores (b20c) 8014 Allied Strs pf (5)__. 631 Allis-Chalm (b50c) - 302 Alpha Port Cmt (1) 47 Amal Leather ____. 34% Amal Leath pt (3) Amerada Corp (2) . 83 Am Ag Chm Del bl_. 28% Am Bank Note (t1). 60 Am Bk Note pf (3)_. 60% Am Brake Sh (12) __ 1'x Am Bra Sh rts Ap 15 105% Am Can (t4) .. ___ 2 591 104 55 44 37 1813 523 94 36% 9ty 56 Am Car & Foundry_ 92% Am Car & Fy pf(b4) 72 Am Chain & Ca bl._. 13% Am Colortype 263 Am Comcl Al a50c_.. 28 AmCrystal Sug b2_. 8% Am Encaustic =4 7% Am & Foreign Pwr.. 46% Am & For Pw $6 pf_. 54 Am & For Pw $7 pf_- 20% Am & For Pw 2d pf_ 18 Am Hawaiian (1) _. 612 Am Hide & Leather. 371y Am Hide & L pf (3). 463 Am Home Pr t2.40__ 213 Am Ice 17 Am Ice pf (2) .. 13% Am Interntl (a40c)- 43 Am Locomotive ___ 114 Am Loco pf (a3) . 223 Am Mach & F (t1)_. 11 Am Mach & Met 60c. 50% Am Metals 62 Am News (NY) (3) 11'; Am Power & Light_. 55% Am Pw & Lt pf (5)-. 66 Am Pw & Lt pf (6)_. 24% Am Radiator t60c - 156% Am Radiator pf (7)- 3314 Am Roll Mill 11.20 . 31 Am Safty Raz (12).- 23% Am Seating (a23%)- 41 Am Shipbldg (2) 881 Am Smelt & Ref(3). 105 Am Sm & Ref pf(6). 143 Am Sm & Ref pf(7). 60 Am Snuft (18) ___. Tis Am Steel F (b50¢) ll(l Am Steel F pf (7)_. 21'; Am Stores (2) - 47% Am Sugar (2) 21'2 Am Sum Tob (11).. 16812 Am Tel & Tel (9) 7812 Am Tobacco (5) 803 Am Tobacco B (5 16 Am Type Founders. 22% Am Water W (80c) - 9% Am Woolen. 64 Am Woolen pf (bl)_ 12 Am Writ Paper (d) - 4'x Am Writ Pap pf (d) 6% Am Zinc & Lead 44'; Am Zinc & L pr pf__ 5214 Anaconda Cop (1) lfi Anchor Cap (60c) 29 Andes Copper.. 515 AP W Paper _ 41 Archer-Dan-M(+2 7 Armour(Ill) blse Armstrong Cork(2) 14 Arnold Cnst b62%ec. 13 Artloom Corp - 19 Assoc Dry Goods 495 Asso Invest (72) 6912 Atch T & S Fe(a2) . 1004 Atch T & S F pf(5)_ 445 Atl Coast Line(al)_ 37 At1G& W Ipf(ad)_ 3015 Atl Refining (11)_. 16% Atlas Corp (80c) 5012 Atlas Corp pf (3) 724 Atlas Pwdr (b75¢) 28% Auburn Auto T4 Austin Nichols s 39% Austin Nich pf (1). 6% Aviation Corp Del_. 8 Baldwin Loco (d) 7% Baldwin asd (d) 8815 Baldwin pf asd 20% Baltimore & Ohio._. 33% Baltimore & Oh pf. 41 Bangor & Ar (2%) 4105 Bangor & A pf (5) 611 18 102 106 8% 176%% 100 36% 113% 48% 8214 39% 123 107% 41% 24% 14% 863 23% 82 58% 111 48 90% 687 100 4% 13% 4 18% 32 15% 135% 21% 92 10% 38% 41% 985% 170% 58% 25% 62% 57 Barber Co (a75¢)--. 4+ Barker Bros._. 26% Barnsdall (1)-. 161 Bayuk Cigar t76c_. 247 Beatrice Cream t1.. 13 Belding Hemin (1) 2415 Bendix Avia(b25¢) - 20% Benef Ind Ln (b%5¢) 56 Best&Co (1213) - 73 Bethlehem (allz) 18% Beth 5% pf (1) 0% Bethlehem pf (7)-. 3 Bigelow-San b50c.. 30 Black & Deck b5Uc_. 22% Blaw Knox (b20c)_. 335 Boeing Airplane _. 41 Bohn Alum & B(3) 261 Borden Co (1.60) - 7244 Borg-Warner (4)-. 8Y% Boston & Maine_ 3% Botany Mines A(d). 16% Bridgept Brss(60c. 45Y% Briggs Mfg (12) 437 Briggs & Strat (3) 41Y% Bristol-Myrs 12.40. 40 Bklyn-Man Tr (4) 514 Bklyn & Queens._ 25% Bkn & Q T pf (3) 3814 Bklyn Un Gas (3).-.. 45% Brown Shoe (3) ———e 20% Brunswick-Balke._. 19% Bucyrus-Erie_ 113% Budd (EG) Mfg_ 9% Budd Wheel(a20c) 34% Bullard (b25¢) __ 51 PBulova Watch (14)- 30% Burr Add M (80¢) _.. 7% Bush Terminal (d)-. 24Y Bush T Bldg pf(d).-. 13% Butler Bros (bl5c) . 29% Butler pf (1%8)-___. 5% Butte Cop & Z(a5¢) - 27 Byers (AM)__ 81 Byers (AM) pf_ 27 Bwron Jackson (). 391 Calif Packing (132)- 2% Callahan Zinc-Lead. 15 Calumet&Hecla (1). 521% Cannon Mills(b50c) 15 Cap Adm (A)(al)_. 99 Car Clin & Ohio (4)- 100 Car Clin & O stp (5) 7 Carriers & Gen(bbc) 138 Case(J I)Co (4)-__- 851, Caterpillar Tr (12)- 265 Celanese (b75¢) ___. 106% Celanese pr pf A(7). 36% Celotex Corp.. - 76 Celotex Corp pf(5)-. 33Y% Cent Aguire (11%)- 8% Central Foundry - 102 CentIll Lt pf(433)-. 30 Central RRofNJ.. 17 Cent Violeta Sug.. 10% Century R M b10c. 67% Cerro de Pasco (4)-. 16% Certain-teed Prd___ 677 Certain-teed pf (6) - 351% Champion Pap (11)- 1081 Champion P pf (6)_. 39 Checker Cab Mfg___ 78% Chesapeake Crp(3)- 57% Ches & Ohio 12.80__. 95 Ches&Ohpf A (4)- 2% Chi & East 111 (d)_-. 67 Chi & Est I11 pf (d)- 2% Chi Grt West (d) .. 13% Chi Grt West pf (d). 28% Chi Mail Ord t1% . 2 Chi Mil St P&P (d) - 4% Chi M St P&P pf(d). 3% Chi & N W (d) 23 Chi Pneumatic Tool. 61% Chi Pn T pf b87 %c.. 214 Chi R 1 & Pac (d)__. 5% Chi RI&P 6% pf(d). 6% Chi RI&P 7% pf(d). 2133 Chi Yellow Cab (2)_ 18% Chickasha Cott'n Oil 12% ChildsCo = 110% Chrysler (bl 18% City Ice & Fuel 85 City Ice & F pf 5%. 8Y% City Stores . __ 32% Clark Equip(f1. ‘0). 35 Clev Graph Br (2)_. 78 Cluett Peabody (3)- 19% Colgate-P-P(t506)_ 54 Collins & Alk (12) 9 10000 N O 09 00 R I e KO B0 D T b = S PN RS 0D 30 112% 108% Collins & Alk pf(5)_ l10l 51% 27T% 30 43 Col Fuel & Iron(bl) 21 Colo & Southern__. 11 —- 1008 24 Colo & South 1st pf. 230s \ F Sales— Add 00. Hieh, Low. clson. chge. Y% ’14 18% 26% 31% 69% 3% 25% 25 -2 T4 —2% 18% 39% 265% 46% 1% 126% 70 ) 69% 117 3514 1074 14612 361 40'% 43% 1087 45% 4185 524 46% 581y 394 58 54% 135 32% 117 73 481 150 105% 86 191 153 14 32‘7 124 70% 122% 108 31 108 105 58% 140 17% 106% 8 15% 39% 185 67% 52% 120% 30% 43% 431 22% 44 144 131% 33% 6 13% 28% 53% —1 9 109 59% 39t —1% | 189 22% —1% | 111% 25 — ! 16% A 32% Columb Pic vte (11) 41% Columb Pic pf(2%)- 112% Col Carb vtc (14) ... 567 Comcl Credit (14).. 66 ComclInv T (14)__. 104 ComclInv T pf4%._. 17 Comcl Solv (160c) - 3 Comw & Southern_. 55% Comw & Sou pf(3). 13% Conde Nast Pub____ 36% Congoleum-Nrn(2) - 13% Consol Cigar____ 89% Cons Edis N !(") 4% Cons Film_ 14% Cons Film p: 9% Cons Laundries 16% Cons Oil (80¢) - . 7% Cons R R Cuba pt._. 7 Cons Textile (d) ... 814 Cons Coal(Del)vte_ 14% 14% — % 97 97 93% 98% — % 33 33 —% 41 41 118 1184% 58 58% 65 65 105% 106% 16% 16% 3 3 33 Cons Coal Del vte pf 390s 20% Corrtainer Corp 1.20. 275 Contl Baking (A)_. 3 Contl Baking (B).. 59 ContlCan (3)_____. 20% Contl Diamond (2) . 38 Contl Insur (11.60). 23 Contl Motors______. 40% Contl Oil Del (11).. 26% Contl Steel (b50c) 637% Corn Ex Bank (3) .. 65 Corn Prod Ref(t3).. 6 Coty Inc. 46 CraneCo. 2913 Cream of 21% Crosley Radio al !6 - 71} Crown Cork & S(2) 49% Crn C&S pf ww 2% _ 15 Crn C&S pf xw 2% _. 17~ Crown Zeller(new) _ 99 Crown Zell cu pf(5). 51 Crucible Steel_ 2 CubaCo.._ 12% Cuba R R pf_ 10 Cuban-Am § 110 Cuban-Am Sug pf_ 39% Cudahy PKg (23%4) .. 15% Curtis Publishing. 96 Curtis Pub pf (7). 614 Curtiss-Wright 19'%% Curtiss-W (A)a50c_ 16 Davesa Stores(1)_. 20 Davega cum pf 1% 104% Deere & Co___ 421 Delaware & Hu 17'x Del Lack & West __ 7% Den & R G W pf(d). 125 Detroit Edison (t4). 30% Diamond Mth (b50c) 36% Diamond Mpf(f1%) 241 Distil Corp Seag . 37% Doehler Die Cast(2) 45 Dome Mines (12)_ 1014 Dominion Stores. 57% Douglas Afrcraft._ 32Y Dresser B (al)_ 24 Duluth SS&At] pf._. 6% Dunhill Internatl__. 15% Duplan Silk (1) 156 Du Pont (b75¢) _. 131% Du Pont deb (6) 113 Eastern Roll Mills 159 Eastman Kodak(6)- 32 Eaton Mfg (12) 11% Eitington-Schild 235 El Paso Nat G 1.60... 3815 Elec Auto Lt 12,40 __ 11% Elec Boat (a60c) 5'x Elec&Mus 1 (al8c)- 21% Elec Pow & Light__ 69 Elec Pw & Lt $6 pf_. 75 Eiec Pw & Lt $7 pf_. 40%s Elec Storage Bat (2) 1 Elk Horn Coal (d) . 11 Eng Public Serv__ 7% Equitable Office B 137 Erie RR____ 26%4 Erie R R 1st pf_. 22 Erife RR2dpf _ 12! Bureka Vac (80c) 281 Bvans Prod (t1) 412 Exchange Buffet_ 314 Fairbanks Co 4 Fairbanks Co p: 56 Fairb'ks-Morse 5314 Fajardo Sug Co (bl) 2113 Federal Lt & Trac_. 93 Fed Lt& T pf (6) . 6612 Fed Min & Smelter._ 814 Federal Motor(40¢c). 53 Fed Screw Works_.. 4% Fed Water Sve A 36% Fed'd Dept Str(2) 101 Fed'd DScupf 43 40 Fidel Phoenix t1.60. 32% Firestone T&R (2)- 461 First Natl Strs 123 3875 Flintkote Co (1) ___. 48 Florence Stve b50c... 34 Florsheim A (2) . 47% Food Machine (1) 43 Foster-Wheeler____ 118 F-ster-Wheeler pf_. 26% Freeport Sulph (1) 10915 Freeport Sul pf(6)_. 60 Fuller Co pr pf.. 35 Fuller Co 2d pf.. 4% Gabriel Co (A) 25 Gamewell Co 15'% Gar Wood (a55¢) - 12'x Gen Am Inv(a75c) .. 101 Gen Am Inv pf (6)__ 70l Gen Am Trans (a3). 15% Gen Baking (160c)_. 145 Gen Baking pf (8) - 10% Gen Bronze_ - 257 Gen Cable _ 54 Gen Cable (A) 52% Gen Electric (lec) 39% Gen Foods (2).____. 213 Gen Gas & Elec(A)_ 57 Gen G&E 6% cv pfA 641 GenG&E 7% pf-— 60 Gen Mills (3)- 117% Gen Mills pf (! 60% Gen Motors(b25 115% Gen Motors pf(5) .. 1213 Gen Outdoor Adv. 17 Gen Print Ink new.. 4% Gen Pub Service___. 51% Gen Ry Signal (1)-. 44 Gen Realty & Util__ 39 Gen Realty & Upf_. 60% Gen Refract (a3%)- 7313 Gen Steel Cast pf__. 28 Gen Thea Eq(b25¢c). 37 Gen Time Inv(t1)_. 15% Gillette S Raz (11).. 20% Gimbel Bros_ ... 83% Gimbel Bros pf(6)_. 435 Glidden Co (2) .= 5415 Glidden cv pf{(2%)-. 513 Gobel (Adolf)__ 63 Goebel Brew (120c). 31 Goodrich(BF)(al)- 79 Goodrich pf (5) 27% Goodyear (b50c)_. 10% Gotham Silk Hose_.. 92 Gotham 8 H pf (7)-. 3 Graham-Paige ____ 6% Granby Cons (new). 3% Grand Union ctfs___ 21% Grand Union pf(bl) 381 Granite City St1(1)_ 42 Grant (WT) (11.40) 40% Grt Northern pf___. 19 Grt Northn Ore (1)- 35 Grt West Sug t2.40_ 33’7& Green H L (11.60) Greene Cananea(3) 14 Greyhound (180c)._. 11 Greyhound pf(55¢c) 3 Guantanamo Sug. 40 13 55% Gulf States Steel 131 Hall W F Print 25% Hamilton Wth b25c. 104% Hamilton W pf (6). 101% Hanna (MA) pf(5)- 50% Harb-Walker (12)_. 129 Harb-Walker pf (6) 13% Hat Corp of Am 80c. 108% Hat pf ww (63%) - 5% Hayes Body ... 13% Hecker Prod (60c)_. 291 Hercules Motor(t1). 150% Hercules Pwdr (6)-. 59 Hershey Choc (13).. 47 Holland Fur(al)- 105% Holland Fur pf(5)-. 21 Hollander & Son(1). 31% Holly Sugar (12) 865 Homestake (t12) 37 Houd-Hersh A(2%) 22% Houd-Her B (113%). 57% Household Fin (4)_. 90% Househ’ld Fin pf(5) 12% Houston Oil vte__.. 62% Howe Sound (t3)--. 18% Hudson Motor...... 1% Hupp Motor: 221 Illinois Central. 12% Indian Refin (al) 36% Indus Rayon (2)- 130% Ingersoll Rand (t2). 112% Inland Steel (4) 22% Inspiration Cop._-— 5% Ins Sh Md ct (a20c). 10% Inter Rap Tr vtc(d) 11% 4% Intercontl Rubber.. 16% Interlake Iron. ... 5 Intl Agricultural... 42 Intl Agricul prpf.... 159% Intl Bus Mach({6)_. 101 Intl Harvester(2%). 8% Intl Hydro Bl A [y 106 12 33 133'% 13 159 32% 13% 24 38% 11% 53y 21% - S o e ateSnawnoraT AN A - > A S 13% — % 29% — % 161% —8% 59 1% 1%—-% 30% 31% —2 16% 16% — % 4 40% 4096 —2% 2 131 130% 131 -2 6 117% 114% 117% +1% 56 8% 28 58% 2 1661 1661 166% + % 12 101% 99% 99% —38% 126 15% 14% 14% + % 18% T3% 135% 24%, 18 9% 121% 561 111% 8% 57% 126 136 181 245 137 21% 79 15% 28%, 114 83% 61 537% 824 110 3% 5% 10% 43% 109, 28% 13% Intl Mining (a90c) 6214 Intl Nickel (b50c) 131% Intl Nickel pf (7). 16% Intl Paper (A) 10% Intl Paper (B) 5% Intl Paper (C). 90% Intl Paper pf. 41 Intl Print Ink 109% Intl Print Ink pf(6 6% Intl Ry Cent Am vtc 2008 48 IntlRyC Ampf A._. 1208 45Y% Intl Shoe (12).. 31% Intl Silver. 90 Intl Silver pf (a4) 11% Intl Tel & Tel. .. 28% Interstat Dp St b2% 25% Island Creek (2)-_-. 78 Jewel Tea (14)_ Johns-Manv (13) _ 120 Johns-Mansv pf(7). 123 Jon&L 7% pf(b1%). 38 Kalamazoo S (11) 20 Kans City South 2814 Kaufmann (11.60) 24 Kayser J &Co (2) -~ 17% Kelsey-H A (a1%).. 147 Kelsey-H B (all;)._. 56% Kennecott (b50c)__. 17% Keystone S&W b30o 39% Kimberly Clark(1). 5% Kinney (G R) Co. 47% Kinney pf (al). 11% Kresge Dept Stores. 24% Kresge S S (b30c) _ 22 Kroger Groc (11.60) 28 Laclede Gas pf. 182 Lambert Co (2) . 17 Lee Rubber (50c) ... 38% Leh Port Cmt 1% .. 2'3 Lehigh Valley Coal. 13% Lehigh Val Coal pf_ 17% Lehigh Valley R R_. 118 Lehman Corp (13) 18 Lehn & Fink(alls). 67% Libbey-O-F (b75c) 9% Libby McN & L(al) 25% Life Saver (11.60)_. 100% Ligg & Myers B t4_. 59 Lima Locomotive_.. 52 Link Belt (12) - 43% Liquid Carb (2. 50).. 6415 Loew’s Ipe (12) 1062 Loew’s Inc pf(6%) - 2'3 Loft Inc 56 Lone Star Cmt b75c. 615 Long-Bell Lumb(A) 37 Loose-Wiles (2) 106 Loose-Wiles pf(5) . 22%, Lorillard P (11.20) 19% Lou Gas & Elec (A). 881 Louis & Nash b23_. 29% Ludlum Steel (t1)_. 30 McCall Corp (12)-_. 18% McCrory Stores 40% McGraw Elec (t 23 McGraw HP b2 38 Mclntyre Porcu(2) - 4015 McKeesp't Tin Plate McKesson & Rob __ McKess & Rb pf(3)_ MeLellan Strs biic- Mack Trucks (1) __ 2 Macy (R H) (t2) ___ Madison Sq G(80c¢) - Magma Copper (2).. Manati Sug pf (d) -~ Mandel Bros (b1) - Man El md gtd (d) . Manhat El gtd (d) .. > Manhat Shirt (1 Maracaibo Oil Exp_ % Marine Mid (140c)_. Market St Ry Market St Ry pf Market St Ry 2d pf. Market St Ry pr pf- Marshall Field_ Martin-Parry Masonite (t1) Mathieson Alk(l‘-z) 4 May Dept St (13) Mead Corp Mead Corp pf (6) _- Melville Shoe (5) - Mengel Co s Mengel 1st pf (234). Mesta Mach (b1%) - Miami Copper —a Mid-Cont Petal.15_ Midld Stl Prod(t2)- 2 Midld Stl 1st pf(8). Minn-Hon Ros (2)-. Minn Moline Pow M St P&S S Marie M St P&S S MlisIn. Mission Corp (a45¢) Mo Kans & Texas Mo Kans & Tex pf A Mo Pacifie (d) - Mo Pacific pf (d) - Mohawk Carp(1.20) Monsanto Chm(t1). Montg Ward (t2)__. Morrell J (2.40) Mothe Lode a12%c_. Motor Prod (12) - Motor Wheel(1.60)_ Mueller Brass (1) .. Mullins B (850¢) - Munsingwear (3 Murray Corp(a50 Myers (F E) (b1) Nash Kelv (1) vashv Chat & St L Natl Acme (a75¢) . Jatl Aviation (al)_. Natl Biscuit (1.60) . Natl Bond & In 1.44. 29% Natl Cash Reg (1) - ly 231 Natl Dairy Prd 1.20. 107 Natl Dairy pf B (7). 17% Natl Dept Stores_... 77% Natl Dept Strs pf__. 2714 Natl Distillers(t2) - 30 Natl En & Stpg (2) - 33% Natl Lead (t50¢) __- 4815 Natl Mall & S C b50¢ 11 Natl Pw & Lt (60¢)- % Natl Ry Mex 2d pf_. 70 Natl Steel (12%) 1, 62 Natl Supply Co_ 643, 1 09 41*‘ 135 2 9% 2612 65 15% 6% 101 4% 114 17% 3474 5T 365 67 22% 65% 262 19% 45% 24% 97 28 200 23 16% 40 27% 32% 38 53% 44% 152 29% 12% 17% 4% 88% 200"/‘: 26% 341 8% 44% 29% 5% 10% 237 T3 103% 6% 12% 29% 50% 63 121% Natl Supply pf a3% 97 Natl Tea (60¢) ———- 11% Natomas (180c) - 50 Neisner Bros (12)_- 5414 Newberry JJ 12.40 103% Newberry pf (5) - 19 New Orl T&M (d)_ 331, Newport Ind(b50¢)- 40 N Y Central 41 83 1 48 3 b 2 10 308 20% N 'Y Omnibus(war)_ G 8 N Y Dock 129% N Y & Harlem (S)A_ 1% N Y Investors (d)_- 16% NY NH 95 N Y Steam pf (6) 2 Norfolk South (d)_. 105% Norf & W pf (4) - 13% North Am Aviation_ 25% North Am Co(b30c). 53 North Am Co pf (3). 27Y% Northern Pacific .__. 31, Norwalk Tire & R 17% Ohio Oil (a60c) - 531 Oliver Farm Equip-. 18% Omnibus Corp vte_.. 13Y% Oppenheim Collins 357 Otis Elev (60¢) 161 Otis Steel __ 75 OtisStlcv pf (5%)- 22% Outboard M (b30c) - 150 Owens-111G1 (6) - 19% Pac Am Fish (11.20) 11 Pacific Coast__ 25% Pacific Coast 1st p: 20% Pacific Coast 2d_. - 24% Pac Finance(11.80). 31% Pac Gas & Elec (2)- 431 Pac Lighting (3) 34% Pac Mills (b50c) 1421 Pac Tel & Tel (8) 22Y Pac West Oll(a65¢). 10% Packard Mot (b15¢c). 11% Pan Am Pet (a60c)- 22% Paramount Pic_.. 161 Paramnt 1st pf (6) 205 Paramnt 2d pf 60c_ 28% Park & Tilford (2). 4% Park Utah - 38 Parke Davis (b1)__- 247 Parker Rust (11%)- 5% Parmelee Trans. 8% Pathe Film Corp 1414 Patino Mines(160c). 3% Peerless Corp. _-. 97 Penney J C) (4)-. 45 Penn Coal & Coke. 7% Penn Dixie Cement.. 22 Penn G18dctablc_. 39% Penn Railroad (a2)- 49% Peoples Drug (11)-- 48% Peoples Gas Chi_ 4% Peoria & Eastern. 34 Pere Marquette. 21 Pet Milk (t1) 17Y% Petr Corp Am a90c... ]0% Pfeiffer Brew(1.20). 9% Phelps Dodge b35c... 6% Phila Rap Tr (). \ / 1356% 30% 112 34% 67 58 31% 140 H llo 61% i 4% 21% 79 17% 22% 27"- 1% 109“- 12 40% 174 94 26% 67 100 91t 111 28% 148% 31% 35% 113"/s 16% 20% 24% Td% 116 12% 1% Phila & Read C& I 71 Philip Morris(b3%) 131 Phillips Jones _ “ 75 Phillips Jon pf(7) 49% Phillips Petrol (2) 64 Phoenix Hoslery. 16% Plerce Oll pf__ 28Y% Pillsbury Flour 1.60 650 Pirelll (A) (a3.13) . 60 Pittsburgh Coal pf. 13% Pitts Screw&B blsc. 24% Pitts Steel_ . 3% Pitts United_ 31% Pitts & W Va. 2% Pittston Co 24 Plymouth Oil (t1) 25% Poor & Co (B) __ T4 Porto R Am Tob A. 2% Porto R Am Tob B_. 10% Postal Tel&C pf(d). 25 Pressed Steel Car 25% Press Stl 1st pf. 67 Press Stl 2d pf 2% e 55% Proctor & Gam(12). 43 PubSve N J (2.60).. 119 PubSve NJ pf (6)-. 60% Pullman Inc (1%)-- 19% Pure Oil 108 Pure O118% pf_. 18% Purity Bak (60¢) 16% Quaker State (80c) - 10% Radio Corp T4% Radiopf A (3%) - 7% Radio-Keith-Or (d). 31 Raybestos M (t1%4) 39% Reading RR (2) - 41% Reading 2d pf (2)_ 9% Real Silk Hoslery 18% Reliable Str (a50c) - 33 Reliance Mfg (160c) 211 Rem-Rand (160c) - 80 Rem-R pf ww (4 5 1teo Motor Car _ 2714 Republic Steel _ _ 99 Republic pr pf A(6) 3 332 Revere Copper 2 1284 Revere Cop pf b1% - 25% Revnolds Met (t1). 107 Reynolds M pf 5l . 47 Reynolds Spr (1) _. 62 Reynolds Tob (3) _. 50% Reynolds Tob B (3). 24 Ritter Dental (11)_. 117 Ruberoid Co (1.80) - Safeway Stores(t2) Safeway Strs pf(5)- Safeway Str pf(6) Safeway Strs pf(7). St Joseph Ld(b50c). St L-San Fran () .. 4 St L-San Fr pf (d)_. St L Southwn (d) _ 4 St L Southwn pf (d) Savage Arm (al) 2 Schenley Dist(b75c) Schenley pf (5%) - Schulte R S pf (d) Scott Paper (1) . 974 Seaboard A L pf(d) Seaboard Ofl (1) .--. Seagrave Corp Sears Roebuck (3)_. Servel Ine (11) - Sharon Stl (1.20) .. Sharon Stl pf (5) .- Sharpe & Dohme Shattuck F G (60c) - Shell Un 011 (a25c) - Shell UnBil pf 535 . ; Silver King (b25c) - 2 Simmons Co (b30c) x 12 Simms Petrol Skelly Oil Skelly Oil pf (6) Sloss-Sheffield St Sloss-Sheft pf (6) Smith & Cor ctfs(1) Smith (AQ0) .. ___ Snider Pkg (b132) - Socony-Vac (b25c) South Am G & P 30cx South Port Sug(12) So Porto R S pf(8)_ So Cal Edison t135_. l2 Southern Pacific_. Southern Ry Southern Ry pf Spalding (A G) GRL, Spalding 1st pf_. T% Sparks- Withing_ 23 Spear & Co (a50c) - 311 Spencer Kell (1.60) 191; Sperry Corp vtc(al) 2815 Spicer Mfg (a3) 45% Spicer pf A (3)_ 2214 Spiegel Inc (b25c)-. 4114 Square D (B) b25c__ 14%, Stand Brands(t80c) 124 Stand Brands pf(7). 853 Stand Com Tobac__. 83, Stand Gas & El (d) - 253 Stand G&E $4 pf(d) 54Y% Stand G&E $6 pf(d) 60 Stand G&E $7 pf(d) 431 Stand Oil Calif (11)_ 44% Stand Oil Ind (1) 67% Stand Oil N J (1) _. 341 Starrett L S(11.40) . 65 Sterling Prod 13.80_ 17% Stewart-Warn fi0c 15'% Stokely Bros (1) _ 24 Stone & Web(a2ic). 1314 Studebaker Corp-._. 68 SunOil (11) __ 119 Quu 0il pf (6) 48 Superheater Co (1)- 4% Superior Oil___ 37 Superior Steel 321 Sutherland P £1.60 251 Swift & Co (11.20) ... 30% Swift Intl Ltd (2) - 18%, Symington ww b10c. 14Y% Symington xw bl0c. 13 Talcott (J) b30c___. 54 Talcott (J) pf 12% - 7% Telautograph(60c) - 117 Tenn Corp (al5c) 503 Texas Corp (2) 77 Texas Gulf Pra5c__ 3815 Texas Gulf Sul (12) 431 Texas & Pac RR___ 1314 Tex Pac C&0 bl0c_. 111 Texas P L T (a10¢)- 10 Thermotd Co £ 117 Thompson J R 150c_ 23 Thompson Pr b40c_. 614 Thompson Starrett_ 1915 Tide Wat A O (60c). 22 Timken Detroit t1__ 64 Timken Roller B(3) 15% Transamerica t40c_ 17% Trans Wst Air a25c. 19% Transue & W (160c). 8 Tri-Contl (a50c) 106'3 Tri-Contl pf (6) 815 Truax-Traer (b25¢) - 33% 20th Cent Fox b50c- 12% TwinCity RT_____. 76 Twin CRTpfald_. 167 Twin Coach (al.40)- 4% Ulen & Co ___ 85% Und-Ell-Fisher (3)_ 63 Union Bag &P (2)-. 101% Union Carb (3.20) 2414 Union Oil Calif (1)- 1263 Union Pacific (6) - 26% Union Tnk Car 1.60- 27% Utd Aircraft(a50c)_ 1914 Utd Alr Lines a20c-.. 241 Utd Am Bosch__ 26 Utd Biscuit (1.60) 79 Utd Carbon (4)- 297 Unit-Carr Fast(t. 6 Utd Corp (a20c)-. 41% Utd Corp pf (3) 144 Utd Drug (a75¢c) 181 Utd Dyewood (1) 7% Utd Elec Coal. - 46% Utd Eng & Fy (12) 80% Utd Fruit (13) _ 18% Utd Gas Imp (1) 110% Utd G Imp pt (5) 6% Utd Paperboard . 15% U S Distributing pf_ 17 U S & For'n Secur.. 17 USHoffman. ___ 53% U S Hoff'an pf(Z%). 37% U S Indus Alcohol... 6% U S Leather vtc_ 134 US Lelther(A)vtc_ 60% U S Pipe & Fdry(3). 13% U S Realty & Imp. 44Y% U 8 Rubber______. 921 U S Rubber 1st Df... 83% U S Smelting (b4) - 76 U SSteel ___ . 139% U S Steel pf (7) 7 Unit Stk Yds (506) 5% Utd Stores (A) - 79% Utd Strpf al14.81% _ 75% Univ Leaf Tob (13) . 82 Univ Pictureslstpf. 3 Utll Pw&Lt (A)(d). 1% Vadsco Sales Corp.. 48 Vadsco Sales C pf_ 28% Vanadium Corp.____. 39% Van Raalte(b62%c) 42% Vick Chemical (12)_ 7% Va-Car Chemical___ 54% Va-Car Chem 6% pf. 108 VaEl & Pw of (6)_- 8% Va Iron Coal&Coke._ 3 3 2 334 4 82 17 2508 608 1 8 4 163 9 12 10s 16 59 66 16 1 408 10 3 3 25 8 - 2008 12 3 40 10s 2 21 13 3 10 31 18 T a1 8 b3 208 608 L 1100 20% 14% 134 11072 49% Tk 85% &% —I% 4 | las Aircraft, Zragi| i Zry e —1% i 112% 112% + % 10% 10% — % (Continued on Page A-19.) \ 3110 S5 0RMORE L | Rumors of Gold Action Bring One of Sharpest Retreats in Year. tndust. mus um snu —16 —8 —3—10 451 463 69.7 459 466 707 48.6 500 753 37.6 493 645 495 540 753 378 464 69.1 435 53.7 728 Net change. — Today, noon 93.9 Prev.day... 95.5 Month ago- 101.6 Year 85.5 1937 101.6 1937 94.1 1936 99.3 1936 73.4 302 434 537 1932 175 8.7 239 169 1929 146.9 153.9 184.3 157.7 1927 low... 51.6 953 618 61.8 (Compiled by the Associated Press.) BY VICTOR EUBANK, Associatea Press Financiai Writer. NEW YORK, April 7.—Stocks crum- | bled 1 to 5 or more points today in_ | one of the sharpest retreats of the” | year. | Inspiring selling, brokers said, were | recurrent but officially denied rumors the Treasury was contempla slicing its buying price for gold in o: der to put brakes on an incipient Chilling to sentiment also was a brisk drop in major commodities both here and in London and another de- | cline in recently shaky United States | Government securities. Steels, coppers and motors touched off the break in the first hour. They were followed by rail, oil, merchandis- ;| ing and specialty stocks Volume of offerings was so great » in the first and last hours the ticker tape lagged several minutes behind floor dealings. Most former favorites | ended near their low points of the session. Transfers were around 2,200,« | 000 shares. Settlement of the Chrysler strike was virtually ignored, as was a fairly constructive run of business news. “K" was among the first to catapult and failed to come back to any appreciable extent thereafter. | General Motors also yielded a point ‘cr 50 at the worst and Electric Auto- | Lite and Briggs dipped. The spotlig shifted to Ford as a possibility for the | next union drive. Auburn was a contrary member the automotive department, pushi up in the face of the trend. Reo Mo- tors was resistant on reports Eastern capitalists had bought into the com- pany. Announcement was also made that Reo’s lengthy labor controversy had been adjusted. Principal share United States Steel, public Youngstown Sheet American Rolling Mill, Kennecott, Howe Sound, Cerro de Pasco, American Smelting, National Lead, St. Joseph Lead, International Nickel, Goodyear, United States Rub- ber, Goodrich, Sears Roebuck, Mont~ gomery Ward, Woolworth, Deere, In- | ternational Harvester, Boeing, Doug- Western Union, Amer- ican Telephone, Standard Oil of New Jersey, Texas Corp., Seaboard Oil, Westinghouse, General Electric, Du Pont, Shell Union Oil, Continental Oil, Atlantic Refining, Santa Fe, N. Y Central, Southern Pacific, Baltimore & Ohio, Southern Railway, Pullman, Loew'’s, Industrial Rayon and Lone Star Cement. sufferers were Bethlehem, Re- & Tu Anaconda, ) Allle(l Stores ln Twelve Months By the Associated Press » NEW YORK, April 7.—Allied Stores Corp. reported for the fiscal year ended January 31, 1937, consolidated | net income, after undistributed profits tax, of $3,406,448, compared with $1,- | 581,759 in the preceding fiscal year. | This was equal, after preferred di dends, to $1.32 a share on 1,778,153 shares of common stock, compared with 30 cents a common share in the year ended January 31, 1936. The company operates 32 depart- ment stores in 14 States. — . Parmelee Transportation Co.—1936 common-share earnings were 47 cents, against 21 cents. New England Fund Prospectus on Request A. S. GouLpeyN & Co,, INc. | Woodward Bidg. NA. 2000 FOUNDATION CREDIT CO. % Prefy d, Uatts | B Ertergah P12, P Price, $12.50 per unit Sold only on prospectus, which may be obtained by request from— Allied Underwriters, Inc. Shoreham Bldg., Washington, D. C. Natl. 1121 BONDS U. S. Govt. Municipal Corporate STOCKS Listed Unlisted Bank Insurance Robert C. Jones & Co. | Members Washington Stock Ezchange SHOREHAM BLDG. Metropolitan 2922 | “Complete Investment Service”