Evening Star Newspaper, April 14, 1937, Page 17

FINANCIAL NEW YORK CURB MARKET 2:30 Stock and los— CURB LIST RISES ONBROAD FRONT Gains of Fractions to Sev- eral Points Scored by All Groups. BY the Associated Press. NEW YORK, April 14.—Improve- ment was seen all along the line in the curb market today as stocks moved up fractions to several points. While most shares held to frac- tional swings, many were well ahead in later trading. Aluminum Co. of America Tose nearly 3 points, as did Bell Telephone of Canada. Driver- Harris was up more than 2 and Sun- shine Mining added nearly 2 points. Gains of a point or more showed for Interstate Hosiery, Carrier Corp., North American Rayon “B,” Newmont and Northern States Power “A." Duke Power lost a point or so and there were small setbacks in Creole Petroleum and Pan-American Airways. Todd Shipyards dropped about 4 points. CHIGAGO GRAIN B the Associated Press. CHICAGO, April 14—Led by the Beptember delivery, wheat scored ma- terial late upturns of prices today. A stimulating factor as the day neared an end was word of high winds and duststorms at many points in Nebraska. Estimates were current that Nebraska would not harvest more than 30,000,000 bushels of wheat this | season. and perhaps much less. At the close, wheat was 1g-17¢ abme yesterday's finish; May, 1.375g-3 July, 1.24%-';. Corn 7g lower to higher; May, 126 i July, 1.18%- 1.18%;. Oats, 53-17% up, and provi- sions umhAnged to 15 cents down. Chicago (-\~h Market. Cash wheat—No. 2 dark. hard, 141; No. 2 hard, 1.41. Corn—No. 4 mixed, 1.3314: No. 3 yellow, 1.35-1.35'2; No. 3 white, 1.3514-135!'2. Oats—No. 2 white, 543 ;- No. 4 white, 54. Barley feed, 75-85, nominal; malting, 1.00-1.27, nominal; 5.00 hundredweight: clover seed, 33..00 hundredweight. 00- Baltimore Quotations. Wheat. No. L spot. domestic. CURB BONDS l DOMESTIC BONDS. Am P & L 6s 201 Am Radiat 4!25 ' Appaich E P 5s 1P 6s P & By private wire direct to the Star. 2:30 Stock and Bales— Dividend Rate. Add 00. meh Acme W vto (3) .. 26s Asro Supply (B) 2 Afnsw'th MCb2e 1 Air Investors Inc. 1 Ala Pwr pf (6) _ 108 Alabam Pw pf (7) 40s Alllance Invest__ 4 Alum’n Co of Am._ 8508 Alum Am pf all# 200, Alum'n [nd (40¢)_ 508 Aluminum Ltd___ 1608 Am Afrlines. Ine_. & Am Beverage 1 Am Box B'od (1).. 16 Am Capprpf 5% _ 508 Am Cit P&L (A) 3 2008 354 AmCP&L Aww23 1 374 Am CItP&L B a200 Am Cynam B t60c Am & For Pw ww Am Fork & H (t1) 1 Am GE&R (1.40)___ 20 Am G&E pf (6) .. 508 Am Gen C'p (a50c) 3 Am Gen Cof (2) 100s Am Hard Rub (1) . 60 Am L &T (11.20)_ Am Maracaibo .. Am Meter (b75¢) - Am Pot & Ch a2 100s Am Seal Kap a30c. Am Superpower Anchor Post F__ Angostura (+200) . Apex Electric(al) Arcturus Radio T. Ark Nat Gas Ark Nat G cupf... Ark Nat Gas (A) Ashland O&R t40c Asso Gas & Blec.. AsSOG&E (A) .. Ass0 G & E 35 of Atl Coast Fis b3se Atlas Corp war _ Atlas Plyw'd (134} AtlCoast La2%_. 1 7 2 1 2 7 2 2 1 Austin Silver Auto Products | Avery(B F) & Son Babcox & Wil (4) 350 Baldw L bd rts(d) 08 1 ‘ 1 . | Bardstown Dist__ | Barlow&S(A)1.20 Barium Staln Stl_ Bell Afrcraft ___ | Belianca Atreraft timothy seed, 4.50- | Bell Tel of Can(6) Berkey&Gay k¥ Co Berk&GF pur war Bickfords [nc 1.20 Bickfords pf(2%) Bliss Co (E W) Blue Ridge (blic) Blumenthal § Bohack (H C) - Bower Roll B (2). Bowman-Biltmore Bowmn-Bilt 2d pt. Brazil TL&P 40c . Breeze C Inca75c.. Brid'p't Mch b25e. Brili Corp (A) Brill Corp (B) | Brill Corp pt Brown Co pf _ Brown F&W (A) 2 Brown F&W blbs. 2 Buckeye P L (4)_. 508 Buff Nias&E 18t 5 50n Buff N&E pf 1.60 o Bunker H & S(b1) 508 Burma Ltd b16%c. 1 Burry Biscuit___. 2 Cable & Wire(A)_. Cable & Wire(B) Can Hydr E 1st pt Can Marcont_____. Carib Syndicate Carnation Co (1) Carnegie Metals__ Carrter Corp Carter (JW) 80c_, Castle (A M) Co Catiin Cory (asue) Celanese 1st pf 17.100s Cellulold Corp . 2 Cellulotd Corp pf 75s | Celluloid 1st pf b2 50s Cent Ohio S bZsc 3 Cent P & Lt 7% pf (b3.0613) Cent&S W Uil Cent States Elec Cent St E17% pf_. 25 Centrif Pipe t40c. ¥ Chesebrough (14) 508 Chi Flex Shaft (4)100s Childs Co pf 258 Citles Service 13¢ Cities Service pt 12 Cit Sve P&L $7 pf 100s City Auto S(t60c) 2 C&t & Sub H 30c... Colon Dev Ltd . Colon Dev Litd A __ Colon Dev 6% pf_. Colo Fuel&lr war_ 1| Celts PFA b373¢c. 2 1061410614 1037 105°% ary - @ 1 nterst P S 415s Jowa_Pub Sv 85 10734 10 10414 1041, 10433 1043 1031 10414 a1 0P & L 55 2000 B ebr Pw 4155 8] A G 10618 10018 a07a 10534 10533, 1003, 10014 =i 102 71 0% 10av, m«»u 22 AT 100 Tae Wat P'5 A w nledo Edis 58 fi" n C RT 5a5 '52 A Trah PAL 31y 04 tah P&L 6 s Pub 8 5 Wis P&L 4 York Rwy Co FOREIGN BONDS. ile M B s 31 mat 163 nish Oof 2 ) Fesaelin 'Co> 7 endoz P 15 31 stp. ~ 9 &YW E P 6125 '53 _ Efi ussian 8'2s '21 mat ni-Boe 6lzs ‘53 A Lol tp) —Stampe nmfm imuu-.d by m metarity. les Peporied In receiverani Colum O & G a20c. 66 Com with & S war 21 Com'u‘ty P&L 1st 1008 Community PS t1 08 ComSM ste vte t1. 3 Cons alrcraft 11 Consol Biscuit 60c 3 Consol Copper 10 | CGELt&P Bo3.60 2 Consol Gas Utfl _. 1 Cons Gas Utll ws Cons Min&Sm 72 Consol Retail Strs Cons RS 8% pf b4 Consol Steel Corp.. Cooper Bessemer_ Copper Range Cord Corp Coaden Oil Me (d) | CosdentMe)pf(d) Courtl'ds b25 1-10¢ Creole Pe’ (asuc) Crocker-Wh allc. Croft Brewing.__. Crown Cent P aéc Crown Dr (b20e) - 12 13 {Crown Drug pf 1% 768 Cuneo Press (2) __ 1 Cuneo P pf (612)_.100s Cusi Mex Mining_. 18 Darby Petr (50c). 6 Dennison 7% pf__. 20s Derby Ofl & Ref _ 109 Derby O&R pf a4 _. Tbs Detroit Gasket t1. . Det (Mich) Stovs 1 Det Pap Prod 1256 1 Det Stl Prod b25c_ 2 Diamond Shoe(12)100s Distilled Liquors. 1 Domin S&C (B) Driver Huris 1%. 4 Dubelier Condens. 1 Duke Power (3) _. 26s Duro Test (bl0c)_ 4 Duvai Tex Sasve. 1 Ragle Pitcher bl0e East'n GEF Asso Estn G&F Aspf 3. East'n States Pwr East'n §t Pw (B) Easy W M(B)b25¢ Eilec Bond & Share Elec B& S pf (5)— Elec B & 8 pf (6) El Pwr Assoc a25o Elec P&L opt war. Elec P&L 2a pf A_ Elec Shareholding Elec 8h pf ww (8) Electrol Inc v.t.c.. Emp G&F 1% pf Emsco Derrick t1. Equity Corp(a2be) Evans Wall Lead_ Evans Wall L pf Excello Air(b20c). Fairchild Avalse. Ferro Enam b25c... Fiat cts (a93%c)_. 8 6 Fidelio Brewery Fire As(Phila.)t2 XOI Fisk Rubber__. Fla P & L pt. Ford Litd a181-100 Ford (Can) A (1) Franklin Ray aé0s Froedt G&M (20c) Froedt’t cv pf 1.20 260s Gen Alloys = B Gen Fireprfg b2sc 2 Gen Invest Corp 2 Gen Pub Sve pf(6) 20s Gen Rayon Ltd A Gen Tele C'p 21.36 Gen Telev pf (3)- Gen Tire & Rub Gilbe't(AC)ab2lzc Glen Alden C (11) Godchaux Sug(B) Godchaux 8 pf(7) $0s Grand Natl Films 4 Grt A&PTn v 16 180¢ Nl Rl T - 3 8 CHEA Great Nor Pap t1.150¢ 3 ul‘ GrooStoreProd.. & 5% Gulf Oil (Pa) b2ke 85 50X | North'n K Dividend Rate. Add 00. Hall Lamp (30c) . Haloid Co (1) ___. Hartman Tobacco. Hazeltine C b75¢c . Hearn Dep S b1.65 Hecla Min (b20c) Helena Rubenst'n. Helena Rub (A) 1. Hevden Ch (12) . Hoe & Co, Inc (Aj. Hollinger (165¢) forn & Har pf(5) Hudson BM&S (1) Humble Of1 (1%). Hussm'n Lig (1) Huylers 7% st(d) 100s Hygrade Food . MP&L6%pt __ 2 508 11l Pwr & Lit §6 Dt 600s Imp Ol Litd t50¢ Ind'n Ter [11 O(A) Ind'n Ter 111 O(B) Indus Fin vte IndusFin7% pt _ 2 1 1 1 758 Ins Co of No A t2.300s Intl Cigar M 1% Intl Hy £1 8 cv of. Intl Petrolm t1%; . Intl Produets._ Intl Utll (A) . Intl Utli (B) Interst HM 12%; _ Interst P(Del)pf . Intl Vitamin(50¢) 1 208 Iron Fire vto 1.20.100s irving Air Ch (1) Jacobs(FL)Co(1) JersCen P&L ptf 6 Jones&Laugh Stl KanCP S pf A(d) ton Prod 40o Kirby Petrol (20c) Kirkland L G (6¢c) Klein (DE)(11) Knott Corp (b10c) Koppers pf (6) - Lake Sh M (14) Lakey Fy & Mach_ Lane Bryant p* 7. Leh Coal &N 80c.. Leonard Ofl Lion Ofl Ref (1)__ Lit Brothers Locke St1 Ch t80c.. Lockheed Afrcraft Lone Star Gas 80c Long island Ltg . Long 1 Lipf A(7). La Land (40e) Lucky Tiger t12c. Majestic Ra&Tel.. Mangel Stores Mangel St pf (5) . Mapes Cons (2) __. Margay Oil a50n_ Massey Harris Master Elec (1) .. Mere Stores (b3) _ Mer & Mfg A b20c. Merritt Chan & S 1 5 108 3 2 1 12 Merritt C& S pf A100s Mesab{ Iron Mich Bumper C Mich Gas & O11. Mid Sta Pet (A)__ Mid Sta Pet (B) _ Mid-W Abrasallo Midwest Ofl (t1)_ Midl'd Stl Prod(2) Midvale Co (b75¢) 5 Mining Co (Can) Minn M&M b40c._. Mock Judson 60c.. Molvbdenum Corp | Moore C Ltd b40c_ Moore Dist (150c) t Bella fless __ Nat Fuel Gas (1) _. Nat Leather NE! Rub Mch a200 75¢). '\at Union Radio . Navarro Oil bie_. Nebel (Oscar) Nelson(H) (a45e) NeptuneM(A)a6ie New Brad O al0c NEPAs6%pf b2 New Hav Cl (1%) New Jer Zinc (12) 10¢ New M&A Ldalc N Y Merch (80c) N Y Omnibus(war) N Y Pw&Lt pf (6) N Y Pw&Lt of (7} N Y Tel pf (6%) Niag Hud Pwr new Niagara H B war. Sh Md pf A(6)_ Niag Sh Md B a60e Niles Bm Pnd b50c Nipissing (50¢) Noma Elec (b40c) North Am L & P 208 608 250 23 3 258 18 2 2 2 1 North AmL&P of 1508 No Am Ray A bi0e No Am Ray B b50c rop 4»(| Northern P L 75 Ohto Ofl cu pf (6). Ohio Pwr pf (6) __. Okla Nat Gas Co__. Oldetvme Distil Overseas Sec 60c_. Pac G&E 18t (1%) Pac G&E pf1.37% Pacific Ltg pf (6)_ Pac Tin spec (12)_ Pan-Am Afr (t1)_ Pantepec O] 11 9 1 5 6 2 . 20, 1 3 1 4 3 268 608 B 13 PeninsularTel 1.60160s Pennroad (azée) PaPw& Lt 6% pf Penna P&L pf (7). Penn Wat & P (4) 0 208 80¢ 2 Pepperell Mfg 6. 2005 Phoentx Secur Tierce Gov (bl5c). Pines Wintfrt(n)_ Pioneer Gold b10c. Pitney Bow(t40c) Pittsbeh Forging. Pitts& LEb2% Pitts Plate G (b1) Pleas Vall W(bse) Potrero Sugar Powdrell&Al t600. Premier Gold ¢120 Prosperity Baly Prov Gas (80c) Prudent’l Inv a50c Pub Sve Indpt _ Pub Sve Ind pr pf Pub Sv Okla pl(6) Pug S4 P&L 86 pt. Pyrene Mfg a%0c_. Quaker Oats (5) __ Quaker Oats pt(6) Rainbow Lum (A) Rainbow Lum (B) Raym’d Conc (11) Raytheon Mfg vtc Red Bank Refter-Foster _ Reynolds Invest__ Riee Stix DG b50c. Roosevelt Field .. Root Petrolm(1)._. Rossia [ntl Corp_. Rustless [r&Stl _. Ryan Consolid’d _ Ryerson & Haynes St Anthony Gola _ St Lawrence Corp. St Lawrence C pf.. St Regis Paper_ Savoy Ofl . __ Schift(The)Co(t3) Segal Lock & H___ Sefberling Rubber Selected [ndus ‘ 2 1 5 5 7 808 1 2 3 8 8 3 608 1 208 808 108 768 2 508 9 5 50e Sel Ind all efs 5% 1008 Sel Ind pr pf (5% )800s Select Indus cv a2 Selfridgeal9%sc__. Sent Saf Control... Seton Leath a50c_. Seversky Afrcraft % | Shattuck Den Min Sherwin Will (4)-100s Simmons HA & P. Singer Mfg (16) .- Soss Mfg (a25¢)_. 244 1 85 Penn ON (+13%). SoCalEdpf B13% SoCalEdpfC1% South’'n ColoP A_. Southn Union Gas. Southl’d Roy bilc. Spencer Ch S bise. Stand Cap & Seal_ Stand Dredging 1 30s Stand Inv cum pf 100 Stand Oil Ky (t1) Stand Oil Neb b25¢ Stand Oil Ohio 11 Stand O110h pf 6 Stand Pwr& Lt _. Stand P& L (B) . Stand Prod (b26e) Stand S11&Ld (4c) Stand 8t1 Sp a2l Sterchi Bros a3le. Stercki Bros 1st 3. Sterl Alum Pa 76e. 508 30 10874 110 ny% 43 9 3034 273 1083 4 67 7 30 4% 9834 104 8034 18534 104 20 8% 54 8% 243 10734 134% 1% 34 12 3 153 10 1834 106% 824 8315 21 28 4“4 58 5734 3% 15 100 109 18 1844 2 8 u 4 255 6% a4 55 50 4y w 108 27 38 10834 110 1% a8 £ 30§ 213 10414 451 6614 645 20 43¢ 9834 ’s | stock. 2% % 10% 53§ 213§ 187 | parent CELANESE PROFITS MOUNT SHARPLY Quarterly Net Near $1.10 a Share, Holders Are Told at Meeting. Ps the Assoclated Press. NEW YORK, April 14.—First-quar- ter profits of Celanese Corp. of Amer- ica amounted to about $1.10 a share on common stock, against 46 cents A share in first quarter last year, said G. H. Whigham, chairman of the board, at annual stockholders' meet- ing today. “While it is early to discuss sec- ond-quarter possibilities,” the chair- man told shareholders, it is reason- able to estimate, judging by current business, that the earnings for the second quarter will be greater than in the first quarter, provided there is no reversal in general business con- ditions.” The matter of a dividend on the common stock will be taken up at a later meeting of the board Whigham said. It 1s the intent of directors, he added, to consider common divi- dends at regular quarterly periods. Company’s plant is at Cumberland, Md. Nash Kelvinator Corp. Nash Kelvinator Corp. reported com- bined earnings of $709,563 for three months ended February 28, covering the entire period of the Nash Motor division, and January and February for the Kelvinator division. Combined earnings of the two di- visions for same period of previous year, the company stated, would have been $65,731. Collins & Aikman. Collins & Aikman Corp. reported for fiscal year ended February 27 consolidated net income of $4,991,569, equal after preferred dividends to $8.15 a share of common stock. This compared with $3,974,687, or $6.28 a share, in 1935, Crowell Publishing. The Crowell Publishing Co. reported for 1936 earnings, after depreciation, taxes and reserves, amounted to $2,- 923,118, or $3.81 a share on the com- mon stock, after providing for pre- ferred dividends. This compared with earnings equal to $3.12 for 1935. Underwood Elliott. Underwood Elliott Fisher Co., makers of typewriters and account- ing machines, reported for the quar- ter ended March 31, consolidated net income of $1,405432 before surtax on undivided profits, equal to $1.92 a share on 733.084 common shares outstanding. This compares with $828,661, equal after dividends on the 7 per cent preferred stock, since re- deemed, to $1.17 a share on 666,- 448 shares in the corresponding period of 1936. Mathieson Alkali. Net income of Mathieson Alkali Works for the quarter ended March | 31 was reported at 477,051, after charges, depletion and taxes, equal, | after preferred dividend requirements, to 52 cents & share on the common | This compares with $289,692, or 30 cents a share in the March, | 1936, quarter. Western Union. Western Union Telegraph Co. March quarter net income ran about $412.000 ahead of same period last year, R. B. White, president, told stockhoiders at the annual meeting to- day. Gross income increased about $2,465,000, but the president pointed out wage restorations this year will increase pay roll by $3,000,000. Under | the social security law the company will have to pay a tax of $1,248,000, F. & R. Lazarus & Co. COLUMBUS. Ohio, April 14 ()— F. & R. Lazarus & Co,, a unit of Fed- erated Department Stores, reported to- day net profits of $1.190,350 after all charges but before preferred dividends for the year ended Japuary 31, 1937, compared with $800,122 for the pre- vious year. Earnings applicable to the company's common stock totaled $1,108,307, compared with | $683.842 Stockand Bales— Dividend Rate. Add 00. Sterl'gs Brew a75c. Sterling, lnc(20c) Stetson(JB)bs0c_.. Stinnes(Hugo) d.. Stroock & Coa2% Stutsz Motor Sullivan Machine Sunray Ofl (alte) Sunr'y O cu pf 2% Sunshine Min (3). Taggart Corp . Tampa El (2.24) . Tastyeast(Del)A Taylor Dist (30c). Technicolor as0e_ Tech Hughes 140c ‘Texon Ol & L 60c Thew Shovel a50c. 50s Tilo Roof Inc (1)- & Todd Shipyd (12). !64)- ‘Tonopah M (afe). Tr-Lux DPS t30e. Transwest Oil Co_. Tri-Contl C war._. ‘Tubize Chatillion. Tubize Ch A (b1). Cung-Sol Lamp n. High. Low. Close. T % 5% 6 22} 224 3% 31 2T% 274 % 21% 45 a4 19 214 4% 48 204 144 3674 14 4% 1484 3674 1 41 204 54 614 634 17 65 1% el 1 2 8 7 o 5% 2 Unit Afr war Unit Chemical United Corp wal Unit Gas Corp Utd Gas war.__. Unit Lt & Pw lA) Unit Lt & Pw pf Unit Molass bl1% Unit Shipyds B Unit Shoe M 12% . U 8 Foil (B) (1)-. U 8 Rub Reclaim_ Unit Verde Ex (1) Unrt Wall Paper_. Univ Corp'n v.t.e.. Univ Plcluxl Uta P&L pf'b87%e Utllities P & L () UtlP&LB (d)_. Utll P& L of (d) Gtility Equities _. Utllity & Indus nf. Valspar vte ‘Van Nor Ma bdlc_. Venezuela Petrol Va Pub Sve of (7). Vogt Mfg (b20c)_. ‘Wagner Bak b40c_ Waiti&B'd A as0c Walker Minins ‘Wayne Knit Mills. ‘Wayne Pump (50s Well't'n Oll of Del ‘Wnatwth Mfg blsc W Va Coal & Coke Westn A E (a26c) ‘Western Auto Sup Will 011-O-M ab0c Wil-iow Cafeteria Wil-low Cafe pf__ Wilson Jona2% Wolverine Port C_ ‘Wolver Tube b20e Wool FW Ltd béle Wright Hare t40c ™ T4 Ygstn 8tl Door(2) k] Kt Dividend rates in dollars based on lsst quarterly or Canmuai payment. tAn- o n rate—not 1A cumulated dlfldtndl !ult year. b Paid this year. d Companies reported as 2% 63§ 16 18% | materials, Girdler said. | ceeds Tom M. Girdler, who will con- | steady: 1 Ten Year Record of the Petroleum Refining Industry VALUE OF Jauon PRODUCTS NUMBER OF NuMeer ESTABLISHMENTS 28279 Y REPUBLIC STEEL DIVIDEND HINTED Action on Common Stock | Much Closer, Says Tom Girdler. BY the Associated Press. JERSEY CITY, N. J, April 14— Tom M. Girdler, chairman and presi- dent of Republic Steel Corp., told stockholders at the annual meeting today, “We are getting very much closer to the time when we will be able to say something to common | stockholders.” | Similar comments have been made | recently by Myron C. Taylor, chair- man of United States Steel Corp., | and Eugene G. Grace, president of Bethlenem Steel Corp., whose com- mon stockholders also asked when payments would be made on the com- mon. Commenting on earnings, Girdler | said the company made more money in the first quarter than in all 1935. In 1935 net earnings totaled $4,455,- 35, “We should also do pretty well in the rest of the year and have a good volume of business.” he added Asked about the prospect for the third quarter, Girdler said it looks good but that it is impossible to pre- dict the volume of business for that quarter. The increase in prices of steel com- | modities has not compensated for the | advance in wages and the cost of | “This is true of the steel industry in general and also of Republic. If we make more money now it is due toa greater volume. If the volume goes off. we will lose that betterment,” he declared Directors named R J. Wysor, ex- ecutive vice president and general | Y. manager, to its presidency. He suc- tinue as chairman of the board. Gird- ler has held both positions. All- Tlme Record Shown in Quarter By Westinghouse PI'I'I‘SB('RGH April 14 —Westing- house Electric & Manufacturing Co. reported today orders booked for the first three months of this year amounted to $74,242,584—the highest figure for a similar period in the com- pany's history. The annual meeting of stockholders at the East Pittsburgh offices received the report that quarterly earnings were $5,341,512, equal to $2 a share and 60 cents ahead of last year. G. H. Bucher, executive vice presi- dent of the company and president of the Westinghouse Electric Interna- tional Co., was named to the board of directors. David K. E. Bruce, Paul D. Cravath and Marshall Field were re-elected. CHICAGO PRODUCE. 54CHICAGO, April 14 (®.—Poultry, live, 74 (rucks, unsettied. hens, over 5 pounds. I812a19; hounds and less. 31 P{..ezhom col : Plymouth and White Rook. 35 brotlers, colored, 23 Plymouth and White Ro barebac 817 roogtore ia Leghorn . 120 turkeys. hens, 20: toms. 16, 2 turkeys. 15; ducks, 475 pounds up: white and colored. 11): smail, “white and Colored, 15 oH ‘capons, 7 pounds Leghorn, 208, storage U. 8. Idaho other “stock demand siow. supplies rather light: sacked. per h.mdreduwm Idaho Russets Burbanks. 8. No. %85-75; Colorado Red cCiures, few sales. 2.75-00 Mountains, No. Teceipis, Potatoes, G 216: total shioments old stock. best Russets. firm. demand fair about steady. Wisconsin round wiites, no sales reported Michisan Russet Rirais. S. No 1. 215: Minnesota Cobblers U S"No. 1 and partly raded, 2.0 mew stock stronger: moderate. mand moderate: track hundredweight Bliss Triumphs, street sales. ding Rose. U. 8. per ki rida_ 8py Flo Nor* e o sales. 1,85, CHICAGO LIVE STOCK. CAGO, April 14 (® (United Bta Depanons ment of Agriculture).— Hoga 13 000 including 5,000 direct. Market nneuuy 5 to 10 higher than Ex#; good snd cho!ce & 58800 f 7501 big Welkhts Qowhward to B.00: Cattle, 8,500: calves, 1.500. Common and medium grade steers and yearlings SLrong: fairly active from 10.00 down. instances 10 to 15 higher: good to prime steers steady, very uneven gnd slow: early 5.50, 'but most _early sales 2 e piiine 1 100-pound 00: _maost lignt. heliers .00 down to R. ows scarce and firm: bulll welk to 10 lower with sausage bulls’ .75; vealers steady o % leht kinds, throvouu 27 5 0nb 00 s choice “gelected kinds 8.00210.00, mostly fi&o stockers ‘and rs re- main dul feede: i largely steer run, with quality improved. heep, 6,000. including 2100 Girect, Pat lami lower. some bids 25 Horads. waoleq 1zmbs_12.75 50" {5, cholce. oterings to ; clipped lambs, 10.40a MONEY MARKET. NEW YORK, April 14 (P.—Call money per cent all day. Prime com- mercial paper. 1 per cent. Time loans steady: 60-90 days. 1%: 4-6 months. 11z per cent. Bankers' acceptances = un- | duction of newsprint in North America MO8 WAGES Newsprint Output Reaches New High Level in March By the Assoctated Press. NEW YORK, April 14 —March pro- set up new high figures, surpassing the previous record established last Octo- ber, the Newsprint Service Bureau an- nounced today. Output for the United States and Canada totaled 383,686 tons, compared with 320407 in March, 1936, an in- crease of 19.7 per cent. In October, 1936, production was 382,133 Production for March in the United States alone amounted to 82,576 tons, | compared with 76,507 a year ago. FOREIGN EXCHANGES. NEW YORK. April 14 change steady’ others in cents. 4903, France, P —Foreign ex- Great Britain in_dollars, Great Britain, demand 4803, 60-d 115, 490 cables Tialy. de- 5 German 8pain. unquoted 0%2: Poland 345 Yugoslavia. Austri Hungary, Rumania. RROTen Hongkong. Montreal York in Montreal, n—Nominal 0, S‘lunnna 30,56 xico in New York. 99.90%. City 100.093% U. S. TREASURY NOTES. d by Chas. DBan"& Co) FREIGHT LOADINGS NEW YORK April 14 (# —— Revenue ight carioadings on railroads reporting todey for the week ended April 10 in- cluded Wk _Ap 10. Pr.wk. Yr ago. Y. Central R1.607 93634 77487 Pitts L_Erje 1 15471 10.845 5% INTEREST | Live poultry NEW YORK SUGAR. NEW YORK. April 14 (P —Raw sugar was firmer today. While the spot price remained unchanged at 345, shipment sugar advanced 2 points, with 3 sale con- firmed of '31.500 bags of Philippine for April-May shipment at 3.47 to an opera- to "After_a_little hesttation at the outset and g partial setback in No. 4 contract. sugar futures firmed on increased foreign. trade and commission house buying. This was influenced by the steadier spot market and hopes for constructive developments at the World Sugar Conference abroa May No. 5 sold o from 241 to September “from 2.51 to around the best at midday. net higher No. 4.'after opening 7 & lower. "showed net advances of 1z"to 11y points as July recovered from 1.24 to 1.23 and September {rom 1.26 to 1 Refined was_unchanged a¢ 4 K0 for fine granulated ~Withdrawals contipued _in fair ‘proportions, bul new business was ligh METAL l{ARKET NEW YORK. April 14 (™ —Copper steady: slectrolytic. spot and future 150 5.40. Tin firmer. spot and near- by 61 00331 12% . 60, al’\lflfl:;{ R LoUs sper and Tutire aluminum. antimony. Qquick B Sha wolfs amite anchanged: o el ?HILADELPHIA PRODUCE. PHILADELPHIA. Pa. April 14 (@ — Fowl_Leghorn old roos ers. 17a13: Red broilers, 208~ Dressed oouliry unchanged — o NEW YORK BAR SILVER. NEW YORK, April 14 (#).—Bar sil- ver easy, !, lower at 45%. ON IMPROVED Immediate attention on your ap- plication for buying, rebuilding or refinancing. Loans payable monthly. No charge is not made. Interest charged only on unpaid balance of principal. EQU]TABLE CO-OPERATIVE NEW PEAK IS SET BY COTTON MILLS All-Time U. S. Consumption Record Is Established During March, BY the Associated Press The Census Bureau reported today the domestic cotton industry estab- lished an all-time consumption peak In March by using 779,302 bales of lint, ‘The previous high month was June, 1933, with 697,261 bales consumed. Domestic cotton consumption this season will establish a 12-month rece ord, officials said, if recent high ac- tivity is maintained The Bureau of Foreign and Domes~ tic Commerce reported raw cotton ex- ports in March were valued at $33,- 356,000, compared with $33,509,000 in Pebruary this year and $25,883,000 in March, last year. Exports for the first eight months of the season were valued at $296.- 450,000, compared with $308,627,000 Last season there was a decline of 425,000 bales or 9 per cent in quan- tity and a decline of $13,177,000 or 4 per cent in value. Larger cotton exports were recorded for Japan, France, Canada, the Neth- erlands and Sweden this season. Ship- ments were smaller to the United Kingdom, Germany, Italy, Poland and Belgium. The Census Bureau announced that cotton consumed during March totaled 779,302 bales of lint and 74,321 of linters, compared with 664,439 and 63,643 during February this year and 550,641 and 61,120 during March last year. Cotton on hand March 31 was re- ported held as follows: In consuming establishments, 2,079,« 862 bales of lint and 297,598 of lin- ters, compared with 2,056,144 and 286.865 on February 28 this year and 1.336,529 and 256,777 on March 31 last year, In public storage and at compresses, 5,036,962 bales of lint and 72,363 of linters, compared with 5,065,789 and 78,933 on February 28 this year and 6,570,222 and 65,447 on March 31 last year. Imports for March totaled 45239 bales, compared with 22544 during February this year and 15662 during March last year March exports totaled 467,706 bales of lint and 29,426 of linters, compared with 462,517 and 17.951 in February this year and 404,741 and 15,175 in March last year. D. C. PROPERTY for appraisal if loan BUILDINC ASSOCIAT[O 915 F STREET -N.W. Organised 1879 CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K 5t N.W. NALL 1403 eserv Dlxnk! No. 5. | "mz £CONDITIO! | Columbia Nahonal Bank | Of Washington. D. C.. at the close of busi- | ness on March 31. 1937 i | lished in response to call made by | ller of the Currency. under Section S. Revised Statutes.) arter No_ 3625 Cnnr e RORT oF ASSETS. 1. Loans and discounts United States ~Go; ment obligations. dlrer! and,/or fully gusran- teed 4.Other bonds, stocks and securities ST . Banking house, _ $167. 002.60: turml‘u‘re and fixtures. Reserve 'flh Federal Re- serve bani .Cn‘h balances with oth- banks. and cash flems In Brocess of col- lection Cash items not in proc- ess of collection. . Other assets ___ Total 1.362.086.25 480.00 189,122.31 1,127,338.22 022,558.75 1.50 300.00 ssets, -.$6,050,217.17 LIABILITIES. . Demand deposits of in- dividuals, partnerships, and_corporations . Time deposits of individ- uals, partnerships and corporations . Deposits of other banks. including certified and cashier's checks out- standing Total of items 14 to 18, inclusive $3.498,464.51 1,546,769.71 348,467.14 () Not s e cured by pledze of loans an djor et Iments "-.$5.103.631.36 © Goooeits. <. 103.631.38 . Interest. reserv Dividends “Geciared but not vet pavable and nts Aividends ‘mot “deciared . Other liabilities _ @apital ccount: 5"50 000.00 - 350.000.00 profits—net 166,677.87 R!u‘rves for en- bt 64.425.88 Total capital account $831,103.55 --- $6,050.317.17 Tolll lisbilities ud:ul‘?“ ents i i il S ml! dl . U1 t d 1. n')n et ml.:r rect lun-nb{ 34. Totl] nlldled (excluding 35. l’lefll‘ed full{ 990.00 $990.00 ) For other purposes $990.00 (h) _Total pleds £960.00 city oF wasireton. Dustrict o culum-’ bia. s R. H. LACEY. cashier of the abov e BT, Ceax that the above statement in true to the best of my | knowledge and beliel * o er. n to and subscribed before me this 125:"%'," ot Kol 1837 Seal changed. Rediscount rate New York Re- urve Bank, 1'2 per cent. e Fairchild Aviation Corp.—1936 net being 1n bankruptcy ef i being_reorganized un set., or securities assumed lv ‘panies. income before surtax was $832,185; equal 40 24 cents a common share, against defictt of $08,800. Notary Public. Correct—Attes Charter No. 11633 Reserve District No. 5. REPORT OF CONDITION OF THE Liberty National Bank Of Washington, in the District of Columbi: at the close of business on March 31, 1937 (Published in response to call made by Comptroller of the Currency, under Section 5211, U United States Government obligations, {fully guaranteed . Other bonds. stocks and securities_ Furniture and fixtures, . Banking house, $224.805.57. $18,268.05 S Revised Statutes.) $2,281,200.63 = 548.81 direct and or 3.001,047.2 636,414.46 Reserve with Federal Reserve bank . Cash, balances with other banks, and cash items in process of collection . Other assets Total Assets ____ 1,281,732.73 14,567.59 ---$8,251,538.89 . Demand deposits of individuals, partnerships and cor- porations . Time deposits Df mdl\xdulls porations . United States Government and postal savings deposits ----$4,515,019.29 partnershipe lnd ocor- 2,448,520.21 308,900.00 . Deposits of other banks, including certified and cashier’s checks outstanding . ‘Total of items 14 to 18, inclusive: 117,873.69 (a) Secured by pledge of loans and,/or investments ------$1,198.312.70 (b) Not secured by pledze of loans and/or investments (c) Total Deposits - . Capital account: Common stock, Total Capital Account- Total Liabilities 5,000 shares, 6.192,000.49 ——mmemmee-----$7,390,313.19 . Interest, taxes and other expenses accrued and unpaid. . Other Habilitles: _______ o ooae 23,129.00 72.03 par $100 -$500,000.00 - 250,000.00 49,646.87 - 38,378.00 838,024.67 $8.251,538.89 MEMORANDUM: Loans and Investments Pledged to Secure Liabilities. 31 fully guaranteed - 32, 34. 35. Pledged: Other bonds, stocks and securities. Total Pledged (excluding rediscounts) United States Government obligations, direct and/or 222 222,778.44 217,060.82 81, --$1,439,848.26 (a) Against United States Government and postal District of Columbia, ss: $312,122.75 39,339.17 940,875.00 146,514.15 997.19 ---51,430,848.26 1, W. T. VANDOREN, cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. T. VANDOREN, Cashier. Sworn to and subscribed before me this 13th day of April, 1937. (Seal.) Correct—Attest: E. 8. BRASHEARS, M. F. CALNAN, DR. L. F. DAVIS, TRACY L. JEFFORDS, PATRICK H. McCORMICK Notary Public. PAUL E. JOHNSON, HAROLD N, MARSH. JOSEPH A. RAFFERTY, 1. E. SBHOEMAKER, Directors.