Evening Star Newspaper, April 17, 1937, Page 12

FINANCIAL, U.S. BONDS GAIN, OTHERS ARE MIXED Many Federal Issues Up 1-32 to 8-32 of Point. Some Rails Ease. Bond Averages 20 10 10 10 Rails Indust. Util ®gn Net change. —.1Unc. —.2 Today, close 94.1102.9 99.6 Prev. day- 9421029 99.8 Month ago. 94.7103.2 100.1 Year 2.0102.5101.4 1937 99.0104.4102.8 1937 9291024 994 1936 98.2104.4 103.1 1936 86.9101.8 99.3 1932 458 400 646 i 1928 101.1 98.9102.9 100.5 10 Low-Yield Bonds. Close ....108.8 Prev. day. 108.8 Month ago 109.2 Year ago.111.6 1937 high_ 113.7 1937 low. 108.4 1936 high. 113.5 1936 low.. 110.2 1928 high. 1044 1932 low.. 86.8 (Compiled by the Associated Press.) By the Assoclated Press. NEW YORK, April 17.—United States Governments gave leadership to a highly uneven bond market today. In limited dealings many of the Federals moved up 1-32 to 8-32 of a point. Treasuries had a monopoly of the larger gains, the guaranteed groups being only slightly ahead In spite of cross currents corporate liens remained in a narrow orbit, few of the active issues showing changes of a point or more. Some of the Junior rails fell back a little, and a like trend marked a few utility loans which had made good gains earlier in the week. Higher prices were paid for Santa Fe 4s, Chesapeake Corp. 5s, Con- solidated Edison 3!;s, Nickel Plate ¢!2s and Union Pacific 31,s. Lower were Anaconda Copper 4':s, Rock Island General 4s, Columbia Gas & Electric 5s, Erie 5s, Illinois Cen- tral 4%s, International Hydro Electric 6s, Northern Pacific 4s, Remington Rand, 4'4s and Western Union 5s. Foreign obligations also held to nar- row swings. City of Milan 6!,s and some of the South Americans im- proved. ACTIVITY SLACKENS ON WOOL MARKET Slower Movement Is Apparent Both in East and West, Says Commercial Bulletin. By the Associated Press. BOSTON, April 17.—The Commer- eial Bulletin today says: “The market for wool is quieter. The slower movement is apparent both in the East and in the West. Manufacturers evidently are decently well covered against their contract requirements for several months ahead and are buying only to piece out more immediate requirements, which are not large. New contracts in piece goods are slow. “Prices generally are steady in all markets, both here and abroad. ‘There is no cheap wool to be had anywhere. Without the active sup- port of manufacturers’ buying, how- ever, dealers are moving with caution in the matter of further new clip purchases. “Mohair is firm on the basis of the higher levels recently established in the West.” CHICAGO STOCK MARKET CHICAGO. Aoril 17 (#.—Following 1s the complete official list of transactions in stocks on the Chicago Stock Exchange ay: Bales (actual). 50 Abhott Lab _____ 200 Adams Roy 400 Advence Alum 20 Am Pub Sve pf _ 4500 Armour & Co. 850 Asbestos Mg 50 Backstay Welt 150 Binks Mfz s Hish. 30 Cen 1Nl | Pub Sv pf 800Cen & S 50 &% 5% %7 n1 ot 107 20 Cherry Burrell 400 Chi Corp 3850 Cities Serv —__ 50 Comwith Edis 11 250 Compressed Ind G 4 8400 Consumers 20 Consumrn 6% of 600 Cord_Con Gudahy Plck bt 109, te e Ponas Midland Unit pf Midl Util 87 pf Midl Util 7% pf Monroe Chem Nat Press Cooker 0 Noblitt-Sparks 0 Piotorial P Padt 00 Potter Co 50 Public Sve oD ’"o:::a:;i Son 3: ins Hos cv pf 2 0 Simnode StL Bl 080 Bend L_Wks 80 St Breag “pf 50 Storkline Furn 100 Swift & d 36Ys 3534 B33, ‘otal stock sales tcday, 26.000 shares. 13% 13Y% e 2 DOLLAR MOVES LOWER IN LONDON DEALINGS By the Associated Press. LONDON, April 17.—The United Btates dollar weakened 2 cent in the foreign exchange market today. At the close of trading, the quota- fion on the American unit was 4.91% to the pound, a partial recovery from the opening of 4.92. Closing quota- tion on the pound in New York yester- day was 4.92%. The French franc was unchanged at 110.03 to the pound. STOCK PUT ON MARKET. NEW YORK, April 17 (#).—Offering of 20,000 shares of class “A” and 20,000 common shares of Barley- Earhart Corp. of Detroit was announc- ed. The stcck is being offered by ‘Tunney & Hudge of New York in units of one share of class “A” and one share of common at $5 per unit. Com- pany has been formed for purpose of acquiring the business of three com- panies engaged principally in produc- tion of automobile parts and friction Ppreventive fabrics, %5 By private wire direct to The Star. Approximate Transactions Today. U S Gov't Bonds 980,000 Foreign Bonds. 670,000 Domestic Bonds. .. 8,700,000 TREASURY. High Low. Close. 9127 9720 97.¢5 101,26 101.21 101,21 10012 100,10 100.12 99,31 99.26 99.28 99.30 9926 99.80 10081 100,26 100.31 102,23 102.21 102.28 108.24 103.24 103.24 1086 106.6 105.6 2%s 1949-63 2%® 1945-4T e 2%m 194861 e 2%® 1961-64 e 2% 8 1956-59 2%8 1956-60 - 38196156 e Bt 1946-49 3148194446 3351940-43 June reg. ... 8%s 1941-43 Mar. 3% 8 1943-47 4% 8-3181943-45 4%s-3%s 43-45rg 1058 1058 105.8 4% 1947-52 114.18 114.18 114,18 FEDERAL FARM MORTGAGE. 102,56 1022 1026 101.21 10119 101.21 102.24 102.18 102.18 HOME OWNERS' LOAN. 2148194244 99.28 99.23 99.23 2%8 1939-49_ 100.4 100.1 100.4 881952 101.14 10112 10114 FOREIGN BONDS. Low. Closs High, 10754 106% 1063 16 16 16 16 16 18 18 184 16 k% 16 18% 13% 1004 101 98% 995 10134 10135 10034 100%% 101% 1017 10234 10285 1013 w13 10174 10134 10134 10134 10235 10234 1003 10134 1083 10539 10635 10834 109 109 1083 108% 108% 193 193 1934 391 39% 39y 3935 3934 39k a4 a 10034 10034 10034 10135 10135 10134 6% 763 7634 6% 76 6% 1784 s R 803, £0¥ 106,10 106.26 106.28 105.10 105.10 106.26 105,26 105.23 105°23 106.18 106.10 105.10 Abitib] Pa&Pw 6853 Antioquia 78" Antioquia Ti Antioquia 7s '45 C. Antioquia 7s 45 D Antioguia 1st 7s ‘57 Antioguia 34 78 ‘57 Antwerp 6s ‘68 Argentine 412871 Argentine 6s 657 A Argentine 6s 59 June_ Argentine 6s 59 Oct__ Argentine 6a ‘60 May Argentine 68 ‘60 Sept._ Argentine 6s ‘60 Oct __ Argentine 6s 61 Febr. Argentine 6s ‘61 May_ Australia 4%s ‘56 Australia 5866 .. Australia 6867 Belgium 6s '56 Belgium 6% s 49 Berlin 6348 60 Brazil 63482 Brazil 6%8'27-'67_. Brazil 78’52 Brisbane 5s ‘58 Buenos A C 6s'60 Apr, Buenos Alre 4%8-3%8'77 Pv__ Buenos A 4876 Aug Buenos Alres 4%5-4%s'76 April_. Bue Af 4248-4%8'75__ Bulgaria 7867 July enapon oft .. Bulgaria 7%s ‘68 May coupon off ... Canada 3% #'61_. Canada ¢s'60 Canada 5362 Chile 6360 _ Clile 68761 Jan Chile 6s 63 Chile Mtg Bk 6s Chilean Mun L 7s Chinese Gv Ry5s'51 Colombia 6s 61 Jan Copnenhagen $3%s "53__ Copenhagen s ‘52 Cordoba 75’57 stpd___ Cuba 6%8 45 Czechoslovakia 88 "51_ Czechoslovakia 88 '52. Denmark 4338 '62. Denmark 6%s 56 . Denmark 6s 42 Dominic 1st 5 Dominic 2d 512 French Gov 7s'49 Ger C Bk A 6538 _ Ger Gov 6%s '65 st Ger Prv & City Bank con Ag 6%8'5% 28 Good HS &1 7s" Grt CElJap 6% Italy 78 61 Ital P U Crd 7s '52 Japan 6%s ‘54 Jugos Mtg Bk 7s ‘57 unmat coupon - Kreug&Toll 65 '59 cts_ Medelin 6%s ‘54 _____ Milan 6%s ‘52 = Minas Gers634s 58 Sept coupon off MinasGers 6%s 59 Sept couponon . Nord Ry 6%s '50 Norway 4s’63 Norway ‘%8 6 Norway 418 56_ Norway 63 44 Norw Hy El16%s Oslo 438 55 B Paris Orl Ry 6348 "68._. Pernambuco 78 47 Sept coupon off _. Peru 6s '60_ Peru 6s 61 Poland 7847 Poland 8850 . _ Porto Alegre 7% July couponoft ___. Rio de Jan 6%8 ‘58 Aug coupon oft 16 10134 10034 10174 10235 101% 101% 10134 1025 1013 10534 . 10634 109 2% 21 21% 9815 98)§ 10645 106 11234 1124 213 21% 21% 214 2185 21% 194 195 183 183 6734 674 8135 313 9434 94 9134 97% 80 80 861 661 104 104 106 104 9% 9IY% J 101 101 105 105 8 T8 8 18 128 123 a2% 42y 24 24 2% 24% 28 28 93Y% 98 88 874 Y 4% 945 sS4l 3935 89% o @ M 14 Y% 1 2814 283 28% 28% 107 107 965% 961§ T 100 100 10235 10234 10534 10634 1024 1023 98 98 100% 1003 21 21 21% 213 213 213 6434 6dlg 9% 49 28 27% 28% 284 Rio Gr do Sul 6s ’6! June coupon off Rio Gr do Sul 7s '66 May coupon off Rio Gr do Sul 78 '67 June coupon off ____. Rumania 75’59 2 Aug coupon oft Sao Paulo St 78 '40___. Sao Paulo St 8s '50 July coupon off . Tokio 5%s 61 _ Tokio E L Ltd 6s'53 Ujigawa B P 78 45 _. Un Stl Wk 61,8'51C__ Uruguay 68 60 Uruguay 6s°'64_______ Uruguay 8846 ______ Yokohoma 6s°61__ _ AIb&Sus 3145 '46 gtd. Alleg Corp 68 "44 Alleg Corp 63 49 __ Alleg Corp 58 50 stp__ Am I GChb%s 49 Am Tel & Tel 3%8 61 Am Tel & Tel 3% s '66 AmT & T 6%s 43 Am T F 2%38-58'38-'60 Anaconda deb ¢%s 50 Anxlo-Chil Nit 7s ‘87 Ann A 1stexin 4s 95 Armour & Co 4 %s '39 Armour & Co Del 48 57 Armstrong C'k 4s '50 A T&S Fo 48 '05-'65___ A T&S Fe adj 4895 st A T&S Feo gen 4895 Atl Coast L 18t 48 ‘53 AtIC Lun4¥%s 66___ B&O 1st 4n 45_ B&O 4%s°60 __ B&O1st 5848 Balto & O ref 6895 A B&O6s 96 F =2 B & O ref 53 2000 D_ B&Oref 6s 95C B&O PLE&W V 48'41 B&OSwnbs 60 _ B & O Toledo 48°59___ Bang & Aroos 48 '51. Bell T of Pa Beth Steel 4148 '60___. Bos & Me 6855 Bos & Me 6s 67 Bklyn Man T 4% Bklyn Un El 6860 Bklyn Un Gas 6s ‘57 B Buff GE4%a8'81 B_. Buff R&P con ¢%s 7. Canada So 68’62 A__.. Can'dian N R 4% °51_ Can'dian NR ¢%8'55_ Can’dian N R %867 Can dian P db ¢s perp Can'dian Pac ¢%s 60. Can'dian Pac 68 ‘4. Cent of Ga 6569 C.. Cent Ga Chat 4851 Cent N England 4 = Cent of N J gen b8 '87. Cent Pac 1st rf ¢5°49_ Cent Pac 68 ‘60 Cent RR B Ga 68°37__. Cert'd deb 5% 48____ Chesap C cv 68 44 Chesap Corp 68 47___. Ches & 03%s'96 D Ches&O3%s 96B___ Chi & Altref 85 49 27% 2TH 29 29 283 28Y 86 93 36 9224 33 83 %15 6% 8% 8% 9574 9b% 25% 254 68 673 685 6734 6 61y 2235 823 253 6814 68 L] 8234 DOMESTIC BONDS. 10234 98 9014 643 108 984 97 1128 10234 1023 98 98 9034 903 643 643, 106 106 98 98 98 97 1123 112% 166 166 155 105 104% 105 388 88% 8 68 68} 684 102%4 1024 1023 964 963 9634 10834 1084 1083 106 106 106 106 106 105 10836 10834 1083 10035 100 1003 9% 94 107% 107 107 kid uz 87% 8634 863 98I 108 108 9234 104 u7 128 MY WY 94y 1023 1023 102 8734 873 874 8534 BB 8514 98 923 93} 106§ 108} 1063 10834 10635 1063 109 108" 109 87 865 87 11036 11436 11434 11134 11134 11134 11835 1133 11834 110% 110} 110} 9% 9B) 9K 10135 10134 10185 108 108 108 19% 19% 19% 8 85 8 6635 66)5 66 W8 18 18 1083 1083 1083 99N 993 9934 881 88} 8835 8734 8T 873 1213 1213 12134 1383 188 188} .CB&Q 111 dv l%tlmm 106 1060 THE EVENING STAR, WASHINGTON, D. C., SATURi)AY, APRIL 17, 1937 BONDS ON N. Y. STOCK EXCHANGE Chi & B.I11 5» 51 .. Chi & B I115s '61 ctfy Chi Grt West 4869 _ Chi Ind & L gen 65 '66._ CM&St P b8 °75. CM&StP&P ad) 55201 0 Chi & NW 4348 2087__ Chi & NW 438 2037C. Chi & NW 4% s'49 ___ Chi & NW gen 58 '37. Chi R I&P gen 4s°'88__ Chi R I&P rf 48 °34_ Chi R I&P rf 48'34ctf_. Chi R I&P 4%8°'52____ ChiR I&P 4%s 60 Chi T H&S 1st 68°60.. Chi T H&S Ino 55’60 Chi Un Sta 8%s'51_. Chi Un Sta 3%s'63 B Chl & W Ind 4% s°62._ Childs & Co 65’43 . CinG&E3%s'66 Cin Union Term 58’57 CCC&St L gen 4893 __ CCC&St Lrf 434817 E CCC&St L ref bs '68 D CCC&StLCW&M 48'91 CCC St L Wh Wat Valley 48°40 _____ Clev Un Tel 43%8 77 Clev Un Term 68°'73 B Colo & So 41’80 ___. Columbia G & E deb 58'52 April. — Columhh G&ESbs M; Columbia G&E 65 '61._. Comcl Credit 3% s '51_ Cons Coal Del 65 '60___ ConsEA NY 8% s 46n_ Cons Gas NY 43,8 '51_ Consol Ofl 3%s '61. Cons Pwr 8348 '70. Crane Co 3%s '51 Cuba Northn 53%s'43_ Del & Hud ref 4s ‘43 Del & Hud 63%s'37 Den & R G W 68 '5! Den & RGW 6s’ 56&5![ Det Edison 41,861 D Det River Tun 414s'61 Duques Lt 43557 B . Elec Auto Lite 48 iriecv 48 '53 A _ Erfecv 4s'53 B Eriegen 4s'96_______ Erferef 6867 _______ Erieref 5s'75_. Fairbks Morse 43 ‘56, Fed L&Tr 5842 st. Fla EC Ry 6874 Fla ECRy 55’74 c! Galv H&H 53%s'38 Gen Mot Acc 3846 Gen Mot Ass 338 '51_. Goodrich 4% 8°56 _ _ Goodyear T&R bs 57 Gt North'n Ry 3% '67. Great N Ry 48 46 H Grt N R gen 414’76 D Grt N Rgen 4%s'17TE. Grt NR6%s'52 B_ Gulf M & N 53’50 = GulfStates St 4148’61, Hock Val 43399 Hoe (R) 1st mtg 44 Hud & Man inc 6s'5' Hud & Man ref 6s '57_. 111 Bell Tel 3% 70 111 Cent col tr 4s'52 1 Cent col tr 4853 [11 Cent ref 4s '55_ I1l Cent 4%s 66 = ICC&StL N O4%5'63__ ICC&StL N O 5¢'63 111 Steel deb 4 %8 40__ Inland St1 3% s 61 Int R T 1st rf 5866 Int Grt Nr 6356 B_ Int Grt Nr 6s'52 A Int Grt Nr adj 6s'52 A Int Hydro Elec 6s " 44_. Int Pap 1st 68 4TA_ IntRT 6s'32. [ntRT7s°32 _ Int R T 7832 ctfs. Iuterlake 6s ‘51 Int Pap ref 6s 55 ____ Int T&T cv 438 ‘39, Int T&T 41852 Int T&T 68 65 lowa Cent 15t&rf4s'51 Jones&L Stl 44 5'61A . Kans C So 1st 38 50__ Kans City So ref 68 '50 Laclede Gas 55 '39_ Laclede G 6%s ‘53 C__ Laclede G 5%s°60 D__ Lautaro Nit 6s ‘54 cfs_ Leh V P con 4% s 2003 Leh V RR con 58 2003 Leh Val Coal 6364 Lorillard 6s '55_ La & Ark 63’69 ____ L & Nash 3%s2003___ L & N unif 45 40 L &N4%s2003C. L&NG6s2003 B Me C RR gn 41, 8'60A _ McKess&Rob 6% 5'50 . Mead Co 8 *45 Met Ed 1st rf 4% s'68_ Mich Cent 3148°52 ___ MilER&SLrf58°71_ Mil Spa & N'W 4s°47_ Minn & S L rf 4549 Minn & St L 5s'34 ct: MStP&SSMcn 4s°38 _ MStP&SSM 6s "33 gtd MoK & T 1st 4s " 90 MoK & T ad) & Mo Pac 4875 Mo Pac s *65 A Mo Pac 58'65A ct Mo Pac s 717 F < Mo Pac 6s'77 P ctfs. Mo Pac 58 '78 G ctfs Mo Pac 5580 H_. Mo Pac bs 811 Mo Pac 5s ‘81 I ctfs Mo Pac 5%8 49 A Mob & Ohio %5 '77 Mob & Ohio 6s 38 - Mob & Oh M div 5s'47_ Monong Pub S 4% 860 Monong Ry 18t 48 60 Mor&Essex 3% s 2000 Morris&FEssex 4%s ‘56 Morris&Essex 68 '65__ Mutual Tel 55’41 Natl Dairy 3% '51ww. Natl Dis PC 4%8'45__ Natl Steel 4365 - New E T&T 1st 68°52_ New Jer P&L 415 '60. New OrlGNR 68 ‘83 A _ New Orl & N 4%s'52 New Orl Ter 1st 48 '53 NOT&M 6% s'64A cts_ NYCent3%s'52 wi. NY Central %8s 97 NY Central 3% s *46 NY Cent con 4898 NY Centrf 4%82013_ NYCrf4%s2013n NY Cent rf 68 2013___. NY Cent cv 6s 44 NYCLSh3y NYC&St L 4% NYC&St L 6%s 74 A. NYChi & St L 68°38__ NY Dock 1st 48'61 ___ NYGEIH&P 68’48 _. NY Tel gen 43839 ___ NY Tr Rk 68 '46 stp__. NYW &B1%s'46____ Niag Sh 6%s ‘50 - Norf o 1st ref 5561 Norf S 1st rf65'61 ofs. Norf & W 1st 48’96 North Am Co 5861 North Am Ed 5%s *63_ Nor’n Ohfo 1st 55'45__ Nor'n O 1st 58'45 ct st Nor'n Pac gen 3s 2047. Nor'n Pac 4897 Nor'n Pac 48’97 reg. Nor'n Pac 4348 2047_. North Pac 68 2047____ Ohto Edison 45 *66—.. Oreg W RR 45 °6: — PacGas& E13%s'66. PacG & E 4s'64 Penn Glass & 8'60._. Paramount Plc 6s '55... Parmelee 65 44 _____. Penn Co 48 PennCods'63 . Penn P&L ¢3%s°81___ Penn O & D 4348 77__. Penn RR 3% s'52_ Fenn RR 8%s 70 C.. Penn RR 438’81 D___ Penn RR ¢%s - Penn RR gn 4%48'65__ Penn RR deb 4% '70_ Penn RR gen 63 '68 __ People G L&C 68 '43__. Pere Marq 1st 48°'56__. Pere Marq 1st 8. Phila B&W cn 58 Phila Co 68 ‘67 Phila & R C&1 68 '7. Phila & R C&I 68 49 Philippine Ry 4 ; - Sales. PCCABE L 4368'¢0 % 108 100 10w 530 - 108 106% 9 102 102 108} 653 10134 1013 101% 1013 102 153§ 15 96 1013 10034 103% 87 83 873 534 82 86 10674 10234 81y 101% 8634 93 9% 2874 118% 1043 108 80 80 4% 106 nm 1 IOK llOl( 108 1025 10434 10435 7 07 10834 1083 1083 1088 1003 1003 T8 T8 10434 10436 101% 10136 1051 10834 1085 10634 10734 1063 0% 99 108 1083 10834 10534 1083 108% 10134 10134 1163 163§ 18 118 9636 943 10534 106 120 120 10434 833 83 16 18 21 10634 9 102 102 1064 6563 10134 1014 102 9634 6734 108% 1073 10245 100% 9874 (715 Lt 9975 1834 1734 11215 13 1083 1094 853 8674 84 8234 824 1013 102 18% 18% 96 1014 10035 9974 10435 98 107y 10234 101% 117 9874 97 16y 945 32 5% 4 103% 7 817 83 873 T84 82 26 10634 i 102 78 36 98} 110% 108 104% 97 10834 1083 100§ 8 10434 10134 1084 1083 1075 9934 108% 10534 1083 1013 1163 18 9% 106 120 106 88 u)t High. Low. Closs. Pitts&W Va 4148’60 B 89 89 Port Gen El 43w °60__ Postal Tel & C 5 Potomaoc E1 P 8 Pressed St1 Car 6s ‘51 Pure O11 4% 8 50 ww__ Pure Ol 4% s°60 xw__ Purity Baking 58 °48__ R-K-O 67 ‘41 30% " - 1013 1013 101% 961 9614 9634 12214 12234 12236 1033 108% 1088 9836 98ly 98% 12134 121 120 107 10634 107 106 1083 105% 1873 185 186 98 91 9% 9T 9T 9T 19% um 119% 22% 22% . MY “y 24% 9934 97 Rem-R 534847 A ww.. Republic Stl 4348 '50__ Republic Stl 43 34 Rio G W col ¢s°49 L_ Rutland Can 4s°49____ StJo Ry L T&P 6»°'37. St L IM&S R&G 4»'33._ St L-S Fran 4¢s '50. St L-S F 4850 A ctfs St L-S Fran 4%s"78 __ St L-SF 4% w78 cof st_. StLS W 1st 45°89_ San A & A Pass 45°43._ San Diego CG&E4s'65. Seabd A L ¢s ‘50 stp.__. Seabd A L ref 48 '594.. Seabd A L 68°45 A Seabd A L 68 45 ctfs__ Seabd A-F 68°35 A ct_. Shell Un deb 3%4s 51 Skelly Ol 48 '51 Socony Vao 3% s ‘50, South Bell T&T bs *41._ Southn Cal Gas 43 '61 8o Colo Pwr 6s ‘47 A__ SoPac3¥%s'46 ______ SoPaccol 43'49______ So Pacref 4s°55__. SoPac4%8s'68 . So Pac Oreg 4%s'77__ So Ry gen 45’56 A. So Ry 6804 So Ry gen 68 '66. 80 Ry 638 '56 Southw’'n G&E 4560 Spokane Int bs *55 Staley A E 48 '46_ Stand Ol N J 3s°61 Studebaker gv 68°45__ Tenn C&l1 RR 63’51 Tenn El Pw 6547 A__. Term AsSt L 48 63 _. Texarkana 6%s ‘50 rexas Corp 3%s'61 Texas & Pac 5877 B_. Third Av ref 60 Third A ad in ex Sl‘flfi Un EI Chicago b8 45._. Un Pag 18t 48°47_ Un Pac 1st rf 48 2008 United Drug 63'63___. U S Rubber 5847 Utah L & T 6s'44 Utah P & L 58 44 Utll P &L 58 °69 ww. Ul P& L 5%s 47_ Vanadium cv 6841 Va E & P 1stref 48’55 VaRy 15t 3%5'66 A__ Wabash 4% 878 Wabash 1st 58 ‘39, Wabash 68 '76 B. Wabash 6%s°'76 Walker H&S 4% 45 Warner Bros cv 68°39. Warner-Quin 6839 __ West'n Md 1st 48 '52__ West'n Md 6%5°77 West'n Pac 68 46 A as West'n Un 4% s '50_ West'n Un 68°51._. West'n Un 6560 __ W Sp Stl 1st 78 '35 et Wheel Steel 41,853 Wilkes B&E 18t 65 *42. Wilson & Co 48 56 Y'ngstnS&T 3385y Y'ngstn S&T 48’61 10635 106% 103% 8914 10034 108% 3934 10034 10014 10044 ul 140 101 100% 101 COTTON DECLINES FURTHER IN WEEK : Weakness of Other Staples and | Prospects for Larger Acreage Influence Market. BS the £ssociated Press. NEW YORK, April 17.—Further losses of $2.50 to $4.00 a bale in cotton this week carried the market $5.50 to ‘T' $7.50 & bale under highs for the sea- | son. Weakness in other commodities, | near month liquidation in advance of | Sar first May notice day and prospects for | P a larger acreage were among factors | and domestic | Pm, influencing liquidation. July contracts which had sold nt 14.59 late in March, had eased yes- terday to 13.10 and closed at 13.16, compared with 13.86 a week ago. | Demand was limited principally to | trade price fixing on a scale down. ‘The decline carried new crop positions below the 13-cent mark after they had sold up to within striking distance of 14 cents 10 days earlier. OId crop Positions were easier as a result of the evening-up in May contracts prior to first notice day on April 27. There has been no change in the total of certified stocks at 41,000 bales since cotton was taken up against March contracts. March domestic consumption of 779,302 bales, representing a new monthly record, was about as expected and had little influence. Large mill stocks, which totaled 2,079,862 bales at the end of March, were regarded as reflecting a well-supplied position. Cotton goods markets were less active and somewhat easier, mill demand for spot cotton was limited. foreign CHICAGO PRODUCE. CHICAGO. April 17 (P —Butter, 9,311, weaker: creamery- weclnls 83 " score), : extra. (92 sco 8034 " extra, a; firsts. (88 s (90 cen® ‘] i settled: extra fi Treeh ‘erodeq Mrets local. : cars, 4 curren recelpis, 20%: Storae packed. extras, storage packed, easy: hens 10 trucks.' easy; hens : b pounds. and less, 6% fryers. colored, ie Rock. Plymouth Rock. 261 hroflers coiored. Plymouth and White 24; barebacks, 19-21: Leghorns, Leghorn roosters, 12: turkevs, foms. 16: No, 2. "turkeys 15: go up whilé. and colored fte anid Colored. 15 gees atoe: Shirack. 1751 total Uhtte Lot onimonte. Ba0s o1 stock Tarhg ussets. steady, demand fair: other stock slightly weaker, demand slow: supplies jather light sacked per hundredwelght, faaho Buste Burbanke, U. S, No. 1, 2.65- 5.0 35: Maine Green Moun- fone 5. 8 2 ‘Wisconsin Round Phifess & B0 No, 1 ew sates. 3.00-10; Michigan Green Mountains, U. 8. N 2.25: Minnesota Cobblers, U § partiy graded. "1.60: North Dakot Ohios, No. 1“and partly sraded, New ‘stock weak. supphies 1oe me slow: “track sales. sacked per ‘hundred- Weight, Texas Bliss Triumphs, U. 8. No. L g storage standards. No- hen; ducks kA 17 small Butker “tutures. vember, 30%; fresh standards, April. '303; ese futures, 'storage firsts, ' April, 23Y,: storage packed rxts. ay. 23%; re- Irigerator standards, October, 25 futures: 'Idaho Russets. May, frade A 2.2%; Idsho Russets, November, METAL MARKET. NEW YORK. April IM ~—Cop] steady; electrolyiic spot and tifire 5% export. 16.12%. Other metals nnmxmuy e Ranged: NEW YORK PRODUCE. NEW YORK. April 17 (.—Egss, 330 unseried. “hixed ‘oiors packs. 24a25%: standards. 23%; packed “firsts. ‘23Vsalo: firsts, mediums. 21 ‘othi chans Live boultry. by freight. nominal; no quotations. By express. steady: prices Unchanged. Dressed boultry steady: Tresh and frozen prices unchanged. Butter. 5.587. unsettled. Creamery, higher than ‘exifa. divad: extra. (Blc score), 323 Arsts, 1 3215 (84-87 Centiattrea (Bo-score). Cheese, 173.945, stead: unchanged. —— MONTREAL SILVER. MONTREAL. _April 17 () .—S8ilver fu- &.‘" cjosed steady, unchansed to 10 lower. scores). . to firm; prices el l{%‘fl AAJH H!Bh pog > a—— CURBLLIST DRIFTS TOLOWERLEVELS Metal Shares Register Greatest Declines in Quiet Session. B3 the Associated Press. NEW YORK, April 17.—Curb lead- ers generally drifted lower in a quiet session today. Metals showed the widest declines. Losses of fractional range appeared in Niagara Hudson Power, Northern States Power “A,” Pittsburgh Plate Glass, American Cyanamid “B,” Great Atlantic & Pacific and McWil- liams Dredging. Sidney Blumenthal Co., Shattuck Denn, Lake Shore Mines and Eastern Mallable Iron gave up 1 to 3, while American Manufacturing, Carrier Corp., and New York Steam pushed up 1 to 4. CURB BONDS DOMESTIC BONDS. High. Low. Close. Ala Power 415 3 2 ®534 Ll Ala Power 5s A ; L Gent St EL 05, Cen St P Chi Pn -n 8 Chi Ry, s Cities Sve Gities 8 Gas Bras G 35 as, Betroit i s " Dei Cit Gs au Py Gen 'Bronze 6s 30 Glen Alden C1'4s "1, Hall (WF) 65 '47 stp Hotl W Ast 7 Hygrade Fd_6; 5 1d; 10RY 100 103% 108% 100 109% Indian E C Indiana Ser s Indnap PL 5 Towa Pub 8y s - Jer C P&L 4155 m o Kentucky Ut s ’6 Ren U 5las Lehigh P § Libby McN & L Pw & Lt 55 McCord Rad . 65 \nd‘aa VRR 55 '43 iR Nebr Pw 41y 'S1 Nevad, Cal EI 82 106 101 1107 103 104% 700 106% 10114 11 Yok Ry 'ch 5s : 90% flol, POR.E:IGN. Col Agr M B 7 48 Tial ‘S0 Pw Cgs 83A Medelin Col 7s ° Mendoz P ds Pled El 8135 ' = Russian 5'a2s ”‘] mat ‘ Russian_6lzs ]p mmt Sauda F Lid Fentsoc “avae’ 23A 1007 1867 TB0re TE—With warrants. xw—without S n—New. st (stp) Stamped. §le\ahllllv impaired by maturity. Companies reported in receivership. CHICAGO LIVE STOCK. CHICAGO. April 17 (® (United States Department of Agriculture).—Hogs. 7,000, including directs: practicall: of meager Supply hominally steads. auotabie top 10.40: &h pers took none: estimated holdover. Compared week ago. good and choicé 160~ 300 pounds. 10-15 higher: weighty butch- ers and packing sows around 5 up: good pigs and medium-grade light and medium- wWeight_butchers. Cattle—Receipts. 100. Calves—Receipts, 100, Compared Ffiday last week: Three or four-way steer market: supply strictly choice_and prime steers smallest of sea- son. firm: good to near-choice medium weights and heavies, 25-40 lower, extreme- Iy uneven: but most grades light and vearlings 23-50 Bigher heifers sharing light steer adyance: cow: up: bulls 10-15 higher and vealers 50 up: largely short-fed steer run: pressure against so-called ~“counterfeit”’ ~heavies sternest of season: switch to light cattle a beef-cost-paring measure, heavies having recently worked top-heavily high: replace- ment market almost at standstill: thin stockers 25 lower: extreme top fed steers, 16.60. 'a new high in seven years and highest for April since 1919: only one other load above 15.50 and little ve 13.50; best long vearlings. 15.50: light mixed yearlings 1355, meavy Berfer your: ings. :, most steers mildly liquidated t{ecsgu of ‘feed situation. sold at 8.75- k] Y 1B active Sheep—Receipts, 2.500. including 1200 directs. top. 13.00. highest since March 17, that price paid at close for numerous loads choice lambs to packers and Tamber 105351 0.85 top for 'week. 11 Lio; lambs carrying 60-day fleece. 11.25: early Fall shorns. 11.50; wooled native ewes. 6.00-6.50: shorn, 5.00 down: several loads shearing iambs. 1 0ad 'medium clipped feeding lambs. 8. FOREIGN EXCHANGES. NEW YORK. April 17 () —Foreign ex- change easy. - Great Britain In dollars. others in cen Great ain. demand, SOTH; Canen 491|i 60- 5y s BN France, demand, 4 cables, 4.47; Ttaly, demand. 5.26%4; cables, 51 Demmus.x;el fum, tree. 30.21; registered. ms 3 Hotland. 54 .76. Nor Germany, travel, 2361 eden Sriverian ¥ Greece DO ugal. 4 Grecriosiovakia. - 3,48V B Argontina: '5‘%"7" - B :"%‘m-'/“fi-' K .08: 20 86; Hor ong. ftg’w g\'ork. &1 0‘"’ mw Fork i Montre By private wire direct to the Star. Btock and Bales— Dividend Rate. Add 00. mlh lfl' Close. Acme W vio (3).. 26s 60 Aero Supply (B).. 3 ‘% A% Agfa Ansco 3 2034 30% Alnsw'th MCb25c 1 17 17 Ala Pwr pt (6) 108 6 69 Alabam Pw of (1) 10s Mg % Aluminum Ltd.___ 100s 19 119 Am BoxB'od \1).. 6 24 24y 4m Cynam B t60e 12 3034 31 Am & For Pwww. 1 8% 3% AmGEE (1.40)._. 1 36} 36} Am G&E pf (6)_. 2265 110% 111 Am Gen C'p (a50c) 1 1054 103 Am Gen Cpt (2)_. 80 83% 33y AmL&T(11.20). 2 19% 19% Am Mfg Co (a3)_.276s LN Am Maracaibo 2 14 1% Am Superpower__ 20 1% 1% Angostura (120c). 3 % T4 Appalach EP pf 7 l0| 106 106 Arcturus Radio T. 1% Ark Nat Gas Ark NatGeupf.. 1 Ark Nat Gas (A). 2 Ashland O&R t40c ASSOG&E (A)__. Atlas Corp war. Atlas Plyw'd (13} Austin 8ilver_ 4 Auto Products. 1 Babcox & W1l (4) 400s Baldw L bd rts 10 Bardstown Dist__. Bellanca Afrcraft. & Berkey&Gay FCo. 17 Berk&GF pur war 32 Biias Co (E W) (b15c) Blue Ridgecv nf 3 Blumenthal 8 . Breeze C Inc a75c- Brid'p’'t Mch b25c. Brown Co pf Brown F&W blbe. Burry Biscuft __ Can Hydr E1st pf 108 Can indus AlcoA- 1 Can Marcont Carfb Syndicate Carnegie Metals. Carrier Corp Carter (JW) 80c_. Catlin Corp (a40c) 2 Cent P& Lt 7% pt (b3.063)____ 1008 Cent&SW Utl__. 3 Cent States Elec__ & Centrif Pipe t40c. & Chesebrough (N) 1008 1 0 7 2 . 1 4 Cities Service pf_. | Claude Neon Lit: P9 Colon Dev Ltd. Colo Fuel&Ir war. 1 Colum G&E pf(5). 25s Colum O & G a20c. 2 Comwlth Edis t4. 2 Com’'with & S war 1 Com’u’ty P&L 1st. 50s Community PS t1 100. Cons Alrcraft Consol Copper . 1 CGELt&P B0 3.60 1 Cons Min&Sm 12 100s Consol Retai) Stra Consol Steel Corp.. Cooper Bessemer Cooper B pf Aa50c Cord Corp Courtl'ds b25 1-10¢ Creole Pe- (a50c) . Croft Brewing . Crown Cent P IGO Crown Dr (b20c) -. Cusi Mex Mining. 189 Dayton Rubber_.. 2 Dejay Stores t80c. 1 Derby Ofl & Ref _ 19 Derby O&R pf a4.. 76¢ Detroit Gasket t1 Domin S&C (B) Douglas(W L)pf_ 50s Draper C (12.40)_. 608 Eagle Pitcher bl0c 2 Estn G&F As pf 33508 East G&F p Df 4% 1750 East Mall Ir a1.30 100s East'n States Pwr 1 Eisler Eleo (abc)_ 2 Elec Bond & Share 20 ElecB&Spf (5).. 1 ElecB&Spf (6)_. 1 Electrol Ifc v.te.. 2 Emp Pwr pt 21.80. 1008 Equity Corp(a25e) Europ'n El1 bd rts_. Evans Wall Laad Excello Air(b20c). Fairchild Avalsc Falstaff Br ($113) Fire As(Phila.)T2 Fisk Rubber Fisk Rub pf (8)__ Fla P & L ot Ford (Can) A (1) Ford Ltd a181-10¢ Franklin Ray a60c Froedt G&M(20¢). Gen Fireprfg b2se (Gen Invest Corp Gen Teleph (b25c) Gen Tire & Rub _. Glen Alden C (11) Gorham Mf vte t1 Grand Natl Films Gr Rap Var(t60c) Gray Tel P8 (1) _. Grt A&PTn v 16_ Greenfield T & D Gulf Oil (Pa) b26e Hall Lamp (80c) Halotd Co (11)._. Harvard Brewery. Hat Corp (B) 80c.. Hazeltine C bTsc _ Hecla Mining bisc Hevden Ch (12 Hollinger (165¢)_ Horn & Hardart t2 Hudson BM&S (1) Humble Of1 (1%). Hygrade Food ___. MP&L6% pt__.100s 111 Pwr & Lt §6 D£. 1608 Imp Ofl Ltd t50c 7 Ind Pipe Line b30c Ind Service 7% pt Intl Hold&Inv Ltd Int H E Sep A war Int] Products Intl Utls (B) Interst P(Del)pf_ 1tal Superpwr(A). Jacobs(FL)Co(1). Jones&Laugh Stl_ Kans City P 8 vtc. Kan CP S pf A(d) k1ngston Prod 0o Kirby Petrol (20¢) Lake Sh M (14)._. Lakey Fy & Mach. Leh Coal &N 30c._. RS mmanonm o o PR ] Bt 1 108 ’s" Leonard Ofl . = Lockheed Afrcraft Lone Star Gas 80¢c Long Island Ltg_. Long I L pf A(7)- La Land (406) -——. MecCord Rad (B).. McWillilams D (13 Mapes Cons (2)__. Marion Stexm Sh_. Massev Harris May Hos pf ww(4) Merritt Chap & 8_ Mesabi Iron. . Mich Bumper C... Mich Gas & Ofl_.. Mining Co (Can) .. Minn M&M b40c_. Mock Judson 60c-. Molybdenum Corp Monroe L S(A)32¢ Nat Bella H - Nat Fuel Gas (1) Nat Gyps A a3% . Nat Leather. Nat P & Lt pf Nat Rub Mch 2306 Nat Service pf___. Nat Sugar NJ (2). Nat Union Radio_. Nehi Corp... - Neisner Br vf (7)- n. Nev-Calif Elec_ New Jer Zing (13). 50! N Y Merch (80c)-. 1 N Y Steam... 45 N Y Tel of (634). ~ 2608 Niag Hud Pwrnew & Niag Hud 1st (5) 100s Niles Bm Pnd bs0e 2 Nipissing (60¢c)_. 20 Noma Elec (b40c) 1 North AmL&P pf 60s No Am Ray A b60c 1 No Am Ray Bbs0c 1 No IPS 6% pf b75c 20s 84 North States P A 1 2734 Northwest Enb50c 2 33 33 33 Ohio P § 1st pf(6). 10s 105 105 105 Ofl Stkaftd 1400.. 1 18} 13} 18} “ = e O L e FINANCIAL NEW YORK CURB MARKET Stockand Sales— Dividend Rate. Add 00. High. Low. Close. Okla Nat Gas Co 3 12% 12 12l Okla Nat G pf(6). 75s 102 100 100 Oldetyme Distil_. 3 4% 4} 4% Pac Tin spec (12)_ 50s 43 4 Pennroad (a26c). 19 4% 4% Penna P&L pf (7) 30s 105 104% Penn Wat&P (4) 1 80 80 Pierce Gov (bl5c). 1 29 29 Pioneer Goldbloc. 2 & Pittsbgh Forging (2 23% Pitts Plate G (b1) 1 13234 Plough Ine (1.20). 3 1754 PotreroSusar. .. 2 3l Powdrell&Al t60c 1 11% Premier Gold t120 11 2% Prudent’] Inva50c 1 134 PubSve indpt 408 33Y% Pug 84 P&L $6 Df 100s 40 Pyrene Mfg a%0c. 1 12 Quaker Oats (5)__ 10s 114 Rainbow Lum (B) Red Bank Relter-Roster Rel EI&En C a25c. Reybarn Co a2sc... Reynolds Invest__ Root Petrolm(1).. Rustless [r&Stl__. St Anthony Gola_. St Lawrence Corp. St Rexis Paper Schift(The)Co(t3) Sexal Lock & H _ 3 2584 Seu MeoNN Seiberling Rubber Selby Shoe (2) _, Selected Indus Seton Leath a50c.. Seversky Afrcraft Shattuck Den Min. Simmons HA & P_ Sonctone C (a10e) Southl'd Roy bl0c Southn Union Gas Stand Brewing __ Stand Dredging Stand Inv cum pf Stand Ofl Ky (t1) Stand Pwr & Lt Stand Prod (b25¢) Stand Stl Spa2i4_ Starrett Corp vic Sterl Alum Pa 75¢ Sterl's Brew a7sc. Sterling. Inc(zoc) Stroock & Co (2) . Stutz Motor - Sullivan Machine_ Sunray Oil (bjc) Sunshine Min (3) S 2501 o @ g P Y RGOS No) T Ty yopeps 19% Swiss-Am Elec pf 50s 11314 Taggart Corp _ 2 1434 Tampa El (2.24).. 2 87 Tastyeast(Del)A. 20 1} Technicolor a50e._ Tech Hughes t40c Thew Shovel a50c. Tilo Roof Ine (1) Toledo Edis pf (6) Tol Edis pf A (7). 10s 1104 Tonopah Belmont. 2 i Tr-Lux DPS t20c. 8 4% Transwest OilCo. 2 13% Tubize Chatillion. 6 3033 Tubize Ch A (b1). 10 85 Unit GasCorp .. 11%4 Unit Lt & Pw (A). 7 Unit Lt & Pw of Unit Molass b11% Unit Shoe M 123% U 8 Fotl (B) (1)_. U S Lines pt 113% 101 1104 % 445 13% 29 9% 1% 624 5134 8% | $1.38 a common share, | Univ Insur (1) | nual JOHNS-MANVILLE EARNS §1.021 918 Quarter’s Profit Compares With Only $176,764 in 1936 Period. By the Associated Press. NEW YORK, April 17.—March quar- ter net profit of Johns-Manville Corp. and subsidiaries was $1,021,918, eom- pared with $176,764 in the first quar- ter of last year. After preferred divi- dends the net was equal to $1.05 a share on 850,000 common shares, against 6 cents a share on 750,000 common shares in the 1936 March quarter. Mullins Manufacturing. Mullins Manufacturing Corp, Salem, Ohio, producer of automotive parts, washing machines and other equip- ment, reported for March quarter net profit of $143,567, equal after dividend requirements on preferred stock to 54 cents a share of class “B” common. ‘This compared with net profit of $117,- 837 in March quarter last year, equal to 39 cents a share of class “B” on the same share basis. United Dyewood Corp. United Dyewood Corp. reported for year ended December 31 consolidated net income of $514.15, equal after pre- ferred dividends to $2.21 a share on common stock, against $403,874, or in previous year Stock and Sales— Dividend Rate. Add 00 U S Rub Reclaim 5 Unit Verde Ex (1) 2 Unit Wall Paper.. ¢ 508 Uta P&L pf b873%;¢ 268 Utllities P& L (d) 2 Utll P & L pf (d) . 3008 Utilities Indust'l. 5 Utility & Indusof. & Van Nor Ma b40c. Venezuela Petrol_ Wntwth Mfg blse Westn A E (a25c) Western Auto Sup | Wil-low Cafeteria Wolverine Port C. | Wolver Tube b20c Woodley Pet t40c_ Wool FW Ltd béle Wright Harg 140c Ygstn Stl Door(2) Yukon Gold(al3c) Dividend rates in dollars based on last quarterly or semi-annual payment. fAn. rate—not including_extras $Ac- cumulated dividends a Paid last ye: b Paid this vear. d Companies reported being in bankruptcy or in receivership, of being reorganized under the bankruptcy act, or securities assumed by such com- pariies First Mortcace Loans District of Columbia, Nearby Maryland and Virginia Homes Apartments 5% Business Properties Terms from 3 to 15 years Also Monthly Payment Loans RANDALL H. HAGNER & COMPANY INCORPORATED MORTGAGE LOAN CORRESPONDENT 1321 Connecticut Ave. N.W. Telephone: DEcatur 3600 Property Management Automobile Insurance Mortgage Loans e Insurance APARTMENT AND HOUSE MANAGEMENT B. F. 925 15th St. N.W. Our Property Management De- l;fi)lzix‘tmem. will know how best to andle every detail in connection with your apartment house and residential properties. Ask us to demonstrate. SAUL CO. REAL ESTATE Facing McPherson Square Consider These Facts When You Wish To Arrange A RIEAL ESTATE LOAN (] LOANS on improved or to be improved real estate— as low as - $7.50 per thousand per month’ including interest and curtail . . . No commis- sions . No renewal fees. Let us help you solve your problem with a Perpetual loan. PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United States. PERPETUAL has over 55,000 bor- rowing and savings members. PERPETUAL'S Board of Directors keep in close contact with the officers and materially assist in the speedy handling of loans. PERPETUAL'S regular examinations by the U. S. Treasury Dept. are sup- plemented by special C.P.A. audits as well as its own Auditing staff. PERPETUAL has always had a rep- utation for sound, fair appraisals. Over 200 borrowers per month were advanced loans last yeas, totaling over $12.000.000 for the year. PERPETUAL BUILDING ASSOCIATION 11th & ESTREETS, N.W. ESTABLISHED 1881 Largest In Washington—Assets Over $43,000,000 ARTHUR G. BISHOP Chatrman of The Board MARVIN A. CUSTIS President EDWARD C. BALTZ National 2100