Evening Star Newspaper, April 19, 1937, Page 19

FINANCIAL. CURB LIST HOLDS, TONARROW RANGE Few Issues Veer Sharply, but Most of Market Re- mains Unchanged. By the Associated Press. NEW YORK, April Prices shifted about narrowly in the curb market today, with much of the list unaltered. A handful of stocks veered sharply, including Newmont Mining, off sev- eral points; Agfa Ansco, down about 4'z Aluminum Co. off 4 or so, and ‘Wayne Pump, American Cyanmid B and American Gas & Electric, off ma- Jor fractions. Among gainers, was up 3 or so and Franklin Rayon and Lake Shore Mines up major fractions. CURB BOND DOMESTIC BONDS. Hig Ala Power 4 7 5 19.—Share New York Steam Low P Chi Di El 425 Cities Sve 55 '5 Gatineau P s 4 Gen Pb Ut Glas Georgla PW 5s Glen Alden Cl A Sou Cal Ed 33s 60 Sou Cal E A0 B Souw As A 10024 R0t Ravg |mm 101 10672 10 a1 i .904° o 10475 1047 5 ° a6 ° o 201 90% 4s A York Rwy Co 5 "7 POREIGN BONDS Chile M B (s 41 mat 101, Cuban Te P Parana_Bre: Terni-Soc —With 191 1014 PRI warrants. Without warrants, ew. (stp) —Stamped §Negotiability impaired by maturity. 1Companies reported in receivership. n st INSURANCE STOCKS NEW YORK. April 10 (# —New York Becurity Dealers’ Assoclation Bid Asked Aetna Cas (2a) 1 1051, Aetna Ins (1.60) 4 Aetna Life (.Roa) Am Equit (1.60a) Am I Newark ('2a) ns o Aomastle (1a) Balt Amer Carolina (1.30) City of N Y (1.20) Conn Gen Life (X0) Contin Cas (1.20) d & Dep (4) remen's Nwk (:30)"xd Frank Fire (1a) Gen Remsur () Glen Falls (1.60) Globe & Rep (K0) xd Globe & Rul Great Amer. (1a) Hanovel (1.60) Hartford Fire (2) Home Fire Sec Home Ins (1a) Homestead (1) arylamnd Cas ______ incoln Fire 15) (.208) N Hampshire (1.60) ire (.K0a) xd Nor River (1) Phoenix (1a) Prov Wash (1) Bt Paul Fire (6) Bprinefield (4122) 8un Life (334g) Travelers (16) U S Fire (2) 0 Westchester (1.20a) xd 343, a—AIso extra or extras &—Declared or wud 50 far this year, CHICAGO LIVE STOCK. CHICAGO. April 19 ) Department of Agriculture). fneluding 4,500 direct: ‘steady to steong with Friday's best time or steady to 10 higher than Friday's average bulk good and choice, 200-; 10.10a10.30; 150-190 " pounds, 10.15: most_ packing sows, 95089, Cattle, 13,000 Reneral market active, firm {0 55 HIEher. commmmm and medium-grade steers and heifers get- ting best action: even good to near-choice yearlings and weighty steers selling de- pendably: all interest in trade: largely short-fed run: practically all steers and earlings selling 1300 down: comparative fuf eight and weighty bifocks. . latter price top on early rounds: prime steers absent: best Teifers 1300, this class ruling 15 to 5y higher: cows strong to 15 higher: bulls vealers strong: best sausage bulls. B5; Selected vealers up to 10.50; stockers ng Teeders continue du > 13,000, 5.400 direct: includi higher: bulk, ive, 25 to 2pi, gurly top 1335 to shippers, ‘medium e frim: Wooled Swen5.008 (United States ., 15,000 508 METAL MARKET. NEW - YORK, April 19 (#.—Co steady: eleclml;tlr: spot mg future, 15. 5 2 PBo; export, Tin easy nearby, 57.50- : future, 57. BYUS" Diau sieads: New. York spoi. 6,006.05, East St Louis spot 585 Zinc gleady. East St is spot and future, 7.00. " Tron, 2 b Pennsylyania. Buftalo, %400 bama._ 20.00 luminum. virgin cent. 20.00-21.00. Antimony spot, 1700 icksilver, 9 00-95.00." Platinum, 58.00. Sk, FREIGHT LOADINGS. NEW YORK. April 19 P —Revenue freight carloadings on railroads reporting today for the week ended April 17 in- eluded: wi. b, ev. Wk. Ago, B & 0. _ b'? ggnm 44.026 Atchisom _ao. 29! 5 323 24487 N : Colum G&E pf(5) 258 Colum O & G a20c 9 Com'with & S war 21 Com'u’ty P&L 1st 25 Community PS 11 50s CompoS Mstetl. 8 . | ComSM stevte t1. 6 | Cons Afrcraft 1 | Consol Biscuit 60c 2 Consol Copper 13 CGELt&P Bo 3.60 1 Cons Min&Sm t2 50s Consol Retal Strs 6 Cons Royal (20c) 1 Consol Steel Corp. 6 Cont'l Roll & S Fy 1 Cooper Bessemer. 8 Copper Range. 1 Cord Corp 5 Cosden Oil Me (d) 1 Cosden(Me)pt(d) 1 Creole Pe: (a50c). 12 Croft Brewing__ 4 Crown Cent Paée 6 Crown Cork(A) (1) 1 Crown Dr (b20c)_. 1 Cusi Mex Mining_ 33 Darby Petr (60c)_ 1 Dayton Rubber___ 1 Derby Ol & kef _ 19 Derby O&R pf a4 2258 | Det Pap Prod tzie 1 Diamond Shoe(t2) 508 Domin S&C (B) 8 Driver Harris13%. 1 Dubelier Condens_ 1 Duro Test (b10c). 2 Duval Tex 8a50c. 1 Eagle Pitcher bl0c ¢ East'n G&F Asso 1 Estn G&F Aspf 3. 508 1 | Elec P&L opt war 2 | Elec P&L 2d pf A 208 Elec Shareholding 4 El Shov C 1st of 1008 Electrographic t1. 1 Electrol Inc v.te.. 2 Emp G&F 8% p* . 508 By private wire direct to the Star. 2:30 8tock and Bales— Dividend Rate. Add 00. High. Low. Close. Acme W vto (3). 26s 80 80 &0 Aero Supply (B).. 1 44 44 Agfa Ansco 2 265 36% Air Investo: 2l 34 3% Ala Grt Sou (13)_.200s 77 18% Alum'n Co of Am._ 608 156 154 Aluminum Ltd___200a 13 18 A Book Co (4) .. 108 67 67 AmBoxBod (1).. & 24 Am Cit P&L (A) 8 258 853§ 863 Am CItP&L Bazle 1 5 & Am Cynam B t60c 17 3034 803 Am G&B (1.40)_ 3 36 36 Am G&E pf (6)___100s m 1y Am Gen C'p (a50¢) 1 1034 103 AmL&T (11.20). 2 19% 19% Am Mfg Co (a3).. 25» 45 45 Am Maracatbo. __. 2 1% 1% Am Superpower 18 1% 14 Am Superpw 18t6 1 % m Anchor PostF___. 2 L] Angostura (120c). 8 T Appalach EP pf 7. 208 107 107 Arcturus Radlo T. 2 14 14 Ark Nat Gas__ 2 % 9y ArkNatGeupf._ ¢ O Ark Nat Gas (A)_. 18 N 9% Ashland O&R t40c 1 o T4 AssoGas & Elec_. 4 s 14 AsSOG&R(A) . 8 8y 8y Atl Coast Fisb3se 2 9% 9y AtlasCorpwar _ 7 21§ 2% Atlas Plyw'd(1%) 1 26 26 Auto Products__.. 2 ™ 8 Austin Silver 8 2% 2y Auto Vot Mch 50c. 1 104 10 Bar{um Stain Stl_ 1 B By Bellanca Afrcraft. 2 LI7a % Benson & Hedge 1 4 Berkey&Gay F Co 18 2 2y Berk&GF pur war 3 15 134 1 | Bickfords pf(21) 25s 363 36% | Blue Ridge (blic) 6 Jo0S Bohack (H C) 258 8 8y Bower RollB (3)_ 2 29 29 Bowman-Biltmore & 14 2 Brazil TL&P 40c_. 1 26 25 Breeze C IncaZse. 1 1% 1% Brid'p't Mch b25e. 2 19% 19% Brill Corp (A) 1 13)5 133 B-AT (B) b35 4-5¢ 8 st 81 Brown Co pf 1008 803 80y Brown Forman___ 38 815 8% Buff Niag&E 1st 5 50s 102 102 Bunker H & S(b1) 50s 12234 12234 Burco cv pf (3) 371§ 37y Burma Ltd b16 4 4l Can Car&Fdry nt 50s 251 2534 Can Hydr E 1st pf 308 Mg Ty Can indus AlcoA. 1 64 6y Can Marcont 1 1% 1% Capital City P 60c. 1 201 204 Carfb Svndicate 19 21 2 Carman&Co(A)bl. 2 2634 2634 Caro L&P pf (6)__ 208 84 8¢ Carrier Corp 24 504 6034 Carter (JW) 80c_. & 114 11y Catlin Corp (a40c) 4 845 85 Celanese 18t pf t7. 25s 116 11635 Cellulotd Corp____ 1 123 1214 Cellulofd Corp pf 268 55 55 Celluloid 1st pf b2 80 104 104 Cen Hud GRE 80c 4 16 16 Cent P & Lt 7% pt (D3.061,) __ 268 89 89 g9 Cent &S W Util 2 Cent States Elec.. 1 Cent St E16% pf_ 26s Centrif Pive t40c 6 | Hecla Mining b5 Chi Flex Shaft (4)200s ChiRivet& Mach. 2 17 163 1614 Chtef Consol 2 1% 14 1y Citles Service 19 ¢ 3y 4 Citles Service pf. 6 5214 b1 524 CitlesSvepfB __. 1 4y 4y 13 Cities Sve pf(BB) 10a 4734 4734 473§ City Auto S(+80c) 1 1134 1134 1135 Clark Con (b50c). 1 391{ 3915 39y Claude Neon Lts 5 3 25 oy Clev Tractor__ 1 13% 135 13y ColonDevLtd __. 4 63 64 6l ColonDevLtdA_. & 434 43 4 Colo Fuel&lr war. 1 19 19 19 Celts PFA b37%ec. 1 East G&F p pf 434 East Mall Ir a1.30 Easy W M(B)b Economy G S b2ic Eisler Elec (a5c) Blec Bond & Share Elec B& S pt (6) El Pwr Assoc a25c El Pwr As(A)a2bc Emp Pwr pt b50c Emsco Derrick 11 Equity Corp(a26c) Burop'n El bd rts. Evans Wall Lead Bxcello Air(b20c). Falstaff Br ($115) Fanny Farm C(1). Fansteel Metal Ferro Enam b75c_ Fidello Brewery Fire As(Phila.)t2 Fisk Rubber Fla P & L pt Ford (Can) A (1) 1 258 1 1 Ford Ltda181-100 1 Franklin Ray a60c 2 Froedt G&M(20c). 1 Gen Alloys -4 Gen Invest Corn 2 Gen Teleph (b25¢) 1 Gen Tire & Rub 3 Gen T&R pf A (6) 208 Georgis Pw pf (6) 60s Glen Alden C (t1) 1 Goldfield Consol__ 19 Gorham pf ww 508 Gorham Mfvtetl 2 Grand Rap Var(1) 1 GrtA&P T v 16 Grt A&PT 1stpt 7 Greenfleld T & D Groc Store Prod Gulf Oil (Pa) b25e Hall Lamp (30c) Hartman Tobacco Harvard Brewerv Hazeltine Corp (3) Hearn Dep S bl 65 Hearn DS 6%pf 3 Helena Rubenst'n 1 Heyden Ch (12) _ Hollinger (t65¢) Horn & Hardart 12 26s Hudson BM&S (1) 29 1 Hygrade Food % Hygrade Sylv (3).100s 80 50 5o 111 Pwr & Lit $6 DT 6608 67} 653 6b)g ImpOfl Ltd t60c. 8 22 21% 22 ImpOflreg (160c) 1.2 22 22 [ndiana Sve 6% bt 10s 27 27 27 InsCoof NoAt2_ 50s 69 69 69 Intl Cigar M 13 12 2 .25 Int] Hold&lnvLtd 1 3 3 8 IntHESepAwar 1 1 1 Intl MetalslncA 265 16 15 16 Intl Petrolm f1%. 1 364 36 36 Int] Products 28 Bl T 8y intl Uth (B) oI Iy 1y Intl Vitamin(50c) 6 6% 6 6 Interst P(Del)pf 80s 134 13} 13y Inv Royalty (t6c) 1 % % 4 Iron Fire vtc 1.30_ 60s 24 24 24 Irving AIrCh (1) 1 % 4% 1% Jacobs(FL)Co(1). 3 16} 16 16 JersCen PEL DI 6 108 863 863 86% THE EVENING STAR, WASHINGTON, D. C., MONDAY, APRIL 19, NEW YORK CURB MARKET 2:30 Stockand Sales— ) Dividend Rate. Add 00. High. Low. Close. 6 Jonas & Nbg blbc. 2 6ig % 6% Jones&Lauxb St) 1 1163 115% 116% Kan City PSvte(d) 2 % % % Kinsston Prod 400 27 64 6}4 6 Koppers pf (6) .. 50s 108 108 108 Knunr Brewtl. 1 17 17 17 ShM(t4)__. 4 b1 80% 51 l.sk.y Fy& Mech. 1 64 64 64 Leh Coal &N 30c.. 18 '10}{ 9§ 10 LeonardOfl______ 27 1§ 1% 1 Lion Ofl Ref (1) 6 243 244 244 Lit Brothers. 1 64 8% bY4 Lockheed Afrc: 3 135 12% 18 Lone Star Gas80c 2 10 10% 10% Long Island Ltg_. 1 4 4% 4K Long IL pf A(7). 208 823§ 82} 82} Long Isl Lt pf B6. 268 78% 18% 73% Loudon Packing_. 1 4% 4% 4% La Land (40e) —_. 6 1274 12% 124 Lucky Tiger t120. 8 14 13§ 1 McCord Rad (B)_. 1 8% 84 84 McWilllame D (13 8 325 82)5 82} Majestic Ra&Tel. 2 4 4 4 Margay Ofl (1)__. 3 80 29§ 30 Mass Utll Assocla. 1 3 8 38 Massey Harris 6 134 12 12 Master Elec (1)__. 1 24}4 24}§ 2436 Mem NatG(ab0c).. ¢ 8% 64 6% Merc Stores (b3)_— 1 50} 50X 50 Mesabi [ron 5 1 14 Metal Textile 40c- 1 34 34 34 Mex-OhioOfl___. [ 2 2)§ 23§ 3% Mich BumperC... 4 2% 2% 1% Mich Sugar_ 3 1% 1% 1% Midwest Ofl (11)_.| 1 11 11% 11% Mid Sta Pet (A) - 4 b% 6% bY% Mid-W Abrasallc 2 3% 383 8% MidrdStl Prod(2) 1 22 22 22 Mining Co (Can)_. 2 381§ 3 8 Minn M&M b40c__160s 86 351 38534 Mock Judson 60c_. 7 15} 16% 1% Molybdenum Corp 8 10 10 10 Montr HLt&P 1% 100s 303 303 3034 Monroe L S(A)32c 3 315 33 3l Moody's pt pf (3). 268 36)5 36)4 864 Mount Prod (60c) 2 6} 63§ 64 Murray(Ohio)b30c 1 22 22 22 NatAuto(bl).__. 1 8¢ 34 84 Nat Bella He; - T 2K 2§ 2 Nat Container____{ 1 12)§ 123§ 12}4 Nat Fuel Gas (1)_. ' 9 16% 16% 164 Nat Leather._ 16 14 1 14 Nat Ofl Prod 1600 1 394 89% 895 Nat Rub Mcha20e 11 184 17% 184 Nat Service._____. 17 % ¥y Nat Sugar NJ (2). 2 25% 2B} 2534 Nat Union Radio_. 2 25 21§ 285 Nelson (H) (us‘). 1 18% 164 154 Nestle-Le Mur . 1 1% 1% 1% Nev-Calif Elec 13 12 12 New Jer Zing (12) 100s 83 83 83 New M&A Ldalo. 1 3 3 8 Newmont Min b76¢ 1 116§ 11634 11635 New Process (12). 4 351§ 36% 363 NY &Hon (b75c). 50s 81 81 81 N Y Merch (80c)_. 1 18} 181 133 N Y Shipbldg-.._. 1 10} 10} 103§ N Y Steam._ — 67 31% 284 31 N Y Tel pf (6%)__ 260 117 117 117 NY Water Svepf. 10s 48 48 48 Niag Hud Pwrnew 10 13l4 12§ 12 Niag HP(A) war. 1 % 3 Niag Hud 18t (5)_ 60s 80 90 90 Niag Sh MABa60e 1 1814 1845 18} Niles Bm Pnd b50c 1 443§ 4434 4dlg Nipissing (50c) _ 2 2§ 204 285 Noma Elec (b40c) 2 7 64 17 NoAm Ray Ab50o 1 491 4935 49y No Am Ray Bbi0c 1 49%5 4955 494 North Am UtSec_. 1 3% 3% 33 North'n Europ Ofl. 8 3% s 14 NorthernPL 75c. 5 11§ 11 113 Ohio Edispf (6) _ 26s 102 102 102 OhioOtlcupf (6). 1109 109 109 Ohto Pwr pf (6)__ 10s 1104 110% 11034 Oldetvme Distil _ 18 4% 4} 4% Pac Tin spec (12)_ 60s 43% 43 43% PantepecOfl..___ 9 6} 64 64 Pennroad (a26c)_. 15 43 4% 4y Penn G&E (A)1%. 1 14§ 14k 1434 Penna P&L pf (7). 30s 105 1043 105 Penn Wat&P (4). 1 80 8 8 Phillips Pkg aS0c. 2 12§ 1234 12% Phoenix Secur _. 4 104 10 10 Pines Wintfrt(n). 1 8% 3% 3% Pion'rGLtdb30c. 22 6% 4% & | Pittsbgn Forging. 1 233 23)¢ 23 Pitts & L Eb2% . 40s 10834 108 108 PittaPlate G (b1) 1134 134 134 Plough Inc (1.20) 2 173 17% 17% Powdrell&Al t60c 7 1134 1134 11l Premier Gold Y120 17 28 235 2y ProducersCorp-.. 4 % 33 3 ProvGas (80c) 100 10 10 10 Pug SA P&L $6 Df. 26¢ 40 40 40 Pyrene Mfg a%0c. 1 11y 114 11k Quaker Omts (5)__ 50s 115§ 114 1144 Raym’'d Cono (t1)100s 89 38 38 Reiter-Qoster 3B 14 14 14 Rel EI&En Ca25c. 1 25 25 26 RiceStx DG bsve. 1 11 11 11 Root Petrolm(1).. 2 8 % 1% Rossia [ntl Corp_. 4 % B % Royal TypebT6a_. 1 96 96 96 Rustless Ir&stl 3 16 16 16 Ryan Consolid'd 2 55 s Ryerson & Haynes 2 5% 5 5% StAnthonvGold . 1 % ¥ & StLawrenceCorp 2 13} 13 13 St Lawrence Cpf_[§25s 32} 3214 3214 St Regis Paper.__ 21 108 104 10% | Savoy Ofl . _._ 4 4 g 4| Segal Lock & H W 34 3 3y Seiberling Rubber 6 813 8 814 Selby Shoe (2)___ 150 28 28 28 Selected Indus 19 81 35 8y | Selindallcfs 6% 100s 101 100 100 SelInd prpf (5%)100s 98 98 98 Seversky Afrcraft 1 5 65 6 Shattuck Den Min 7 20 20 20 Shawin W& P80c 2 214 21 21%4 | Sherwin Will (4)_ 50s 135 185 135 SoCalEdptB 1% 4 21% 21% 27% Southn UnlonGas 2 4 3% 4 Southl'd Roy bl0o. 24 113 10l§ 103 Spanish&Genrcte 1 35 3 ¥ Spencer Ch Sbsc. 2 105 1034 10% Stand C Spf1.60_ 1 26 26 26 Stand Dredging 8 84 b4 Y Stand Ol Ky (t1). 5 197 19% 19% Stand Oil Ohto t1. 2 413§ 41 ik Stand Pwr& Lt . 4 4% 43 4y Stand S11&LA (4c) 32 15 3y 3 Stand St1Spa2%_ 1 8 30 30 Stand Tube (B) 1 64 6% 6l Starrett Corp vte_ 1 814 &5 8l Sterchi Brosa30c 2 10 10 10 Sterl Alum Pa 76¢ 1 105 105 108 Sterl'g Brewa%bc. 1 74§ T4 73§ Sterling. Inc(zuc) 17 6} 6y 6l Stroock & Co (2) . 2 2615 26% 26% Stutz Motor -~ & PR SunRayDrt80c.. 1 17 17 17 Sunray Oil (bic) . 5 4% 43 4t Sunshine Min (3) 2 20 19% 20 Superior Port CB. 60s 18} 18 18y Swiss-Am Elec pf 100s 118% 113% 1133 TaggartCorp ___. 2 Tastyeast(Del)A. 13 Technicolor a50: 17 Tech Hugh 40c 2 Tex P& L pt (7)_. 108 Tilo Roof Ine (1) 1 Cob Prod Exp 16¢ 5 Todd Shipyd (t2) 1608 Toledo Edis pf (6) 10s Transwest Oil Co . I'r-Lux DPS t20c. Tri-Contl C war _ Tubize Chatillion. Tubize Ch A (b1)_ Tung-Sol L ot 80¢. Ulen & Co 5% pt.. Unexcelled Mtg. Unit Gas Corp. Utd Gas war. Unit Lt & Pw Unit Lt & Pw pf Unit Molass bl1% Unit Shipyds B Unit Shoe M 123 . 100 U S Foll (B) (1) USLinespf_____. U S Radiator..... U S Stores Unit Stor - U S Stores lll L Unit Verde Ex (1) Unit Wall Paper _ Univ Corp'n v.t.c._. Utilities P & L («d) UtilP& LB ) . Utl P & L pt (d) Uttlity Equities Utility Eq pf bd% 100. Valspar vtc Venezuel Waitt&B'd A as00 Walker Minins .. Wayne Pump (500 Well't'n Oil of Del PTROEETTS - waofuanua 100 e ‘Wntwth Mfg blsc. l 1 1 ¢ 1 2 W VaCoal& Coke 2 63§ B}§ bl Western Auto Sup 8 283 128} 284 Wil-low Cafeteria 2 Wil-low Cafepf _ 1 Willson Prod (t1) 1 Wilson Jones b1% 1 Wolver Tube b20c. 1 Woodley Pet t40c. 1 Wright Hare 1406 6 6% 6% 63 Ygstn Stl Door(2) 1 72 7 2 Yukon GoldialSc) b 84 34 8 Dividend rates in dollars based on last quarterly or semi-annual payment. tan- nual rate—not inclu cumulated dividends, b Phid this year. ipanies being in blnkrumy or in receivership, or being reorganized under the hlnknlnle! lcklo‘r securities sssumed by such com- panies. A LOEW'S EARNINGS RISE 70 88,606,130 Net for 28 Weeks Compares With $5,033,038 for Period Year Ago. NEW YORK, April 19 (#).—In a statement for the 28 weeks ended March 11, Loew's Inc., reported net profit of $8,606,130, equal after pre- ferred dividends to $5.26 a share of common stock. This compared with net of $5,033, 038 for the same period & year ago, equal to $3.04 a share of common stock. Adams Express Co. Adams Express Co., an investment company, reported as of March 31 net assets equal to $25.48 a share of com- mon stock, against $22.84 a share on Dec. 31, 1936. The report stated that largest com- mitments in portfolio were in ofl, mining, iron and steel, and chemical securiti Massachusetts Investors. Massachusetts Investors Trust, an investment company, reported as of March 31 asset value equal to $30.04 a share of capital stock, compared with asset value of $28.87 as of Dec. 31, 1936. Concerning management policies the tru.slees said it was their opinion ‘common stocks represent the most profitable, and in many respects the most samfactory, medium of invest- ment.” This judgment was based on belief “the cycle of business recovery is broademng and has not yet run its course.” Pierce Petroleum. Pierce Petroleum Corp. reported for 1936 net loss of $679,758, compared with net income of $124,355 in 1935. W. H. Coverdale, president, announced the company's sole assets consist of 125,000 shares of Consolidated Oil Corp. common and approximately $375,000 in cash, against which are liabilities to the Plerce Oil Corp. Mercantile Stores. Mercantile Stores Co., Inc., reported for the fiscal year ended January 31, last, consolidated net income of $803,- 990, after the undistributed profits tax, or $5.07 a common share. This com- pares with $120,486, or 50 cents a com- mon share, in the preceding fiscal year. Bayuk Cigars. Bayuk Cigars, Inc., reported for the March quarter net profit of $152,866 after the Federal undistributed profits tax, equal after preferred dividends to 30 cents a share on 393,000 common shares. This compares with $154,002, or $1.18 a share on 98263 shares, in the like 1936 quarter prior to the recent 4-for-1 stock split-up. Checker Cab Mfg. CHICAGO, April 19 (#).—Checker Cab Manufacturing Co. ‘and sub- sidiaries reported largest net profits since 1929 for the year ending Dec. 31. The net rose to $650.644, which com- | pared with net of $2,397 on the capital stock a year ago. Acme Steel Co. report showed net income of $1,094- 941, equal to $3.33 per share. This compared with first quarter net income of $391,853 in the corresponding quar- ter of 1936. R. F. & P. Railway. RICHMOND, Va, April 19.—The annual report of the Richmond, Fredericksburg & Potomac Railroad, submitted today by president, to the stockholders at the 105th annual meeting, showed an increase in the road's net income for 1936 of 187 per cent over that for | the calendar year 1935. It was the best year since 1931. The report showed freight revenues increased 15 per cent and passenger revenues were up 30 per cent. SALES IN RURAL AREAS WELL ABOVE YEAR AGO B the Associated Press. The Commerce Department esti- mates the dollar volume of daily av- erage sales of general merchandise in small towns and rural areas was 18 per cent higher in March than in the same month a year ago. The department said “Sales for March increased considerably more than the usual estimated amount at this season of the year. The sea- sonally adjusted index, therefore, rose to 126 in March on the basis of 1929- 31 as 100, from 105!, in February.” Sales for the first quarter of the year were about 14 per cent above the same period in 1936. PR U. S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) FOREIGN EXCHANGES. NEW YORK. April 19 (#).—Foreign ex- change: Great' Britain in_dollars, Lghers 02%; In cents: Grest Britain, demand, : s R 'a es. 347V Ttaly, de- - 828 6i2: Germany, travel, 22.00: 'Finland, in. ‘un: ce, .0014: 3.4&’(' A entinn: rzentina, Bmu, i Tol 287 hat. 29.90; Honuon: 30 «n Mexico 3. nireal York, 100.101: Rew Yok o Montrens 90 | 894 ominal. NEW YORK PRODUCE. NEW _YORK. April 19 (P ” Mixed ;oln (84-87 scores» 31Y ee (R0, score). Cheese. 76.641. firm. " State, whole mi] 17-17%; Neld tanes Y. ,I;y Ireight. casy, chlr,ken; orn. wis coloree Roosters, 13; Ml it 3. turkeys, VISIBLE GRAIN SUPPLY. NEW YORK, April 19 (#)—The visible supply of American grain shows the following changes. in bushels: Wheat decreased 1,147,000, corn de- creased 1,655,000, oats decreased 1,617,000, rye decreased 120,000 and barley decreased 731,000, Acme Steel Co. and subsidiaries | reported a sharp increase in first- quarter earnings. The quarterly Norman Call, | 1937. Production of Steel Ingots and Castings in Leading Countries in Three Selected Years Gross Tons—000 Omitted FINANC(AL ek g SOURCE OF ORIGINAL DATA: MON AGE UNITED KINGDOM FRANCE INVESTING COMPANIES Becurity Dealers Association (Noon auotations) 1 Admin Fd 2d Inc_ = Am Business Shrs_______ Am Gen Eq Inc_ 19 Bank Group Shrs Bankers Nat Inv Corp Basic_Industry Broad 8t Inv Bullock Fund Corporate Trust Corporate Trust AA Corp Tr AA mod__ Cumulative Tr Sh_ Depos Bk Sh N ¥ Depos Ins Bhrs “'A Depos Ins Shrs “B Diversified Tr C. Dividend Shrs Eauit Corp $3 pf_ Fidelity Fund Inc First Boston_Corp Fixed Trust 8h A Fixed Trust Sh B Found Tr Sh A__ Fund Tr Shrs B Gen Inyestors Tr Group Sec Agriculture Group Sec Automobile Group Sec Buildin, Group Sec Chemical Group Sec Food __ Group Group Group Bec Mining Group Sec Petroleum_ Group Bec R R Equip. Group Sec Steel Group | Huron | Incorp Investors Insurance Group Bhra Investors Fd “C" Inc oyaion Cust, Fund B Major Shrs Corp - Maryland Fund __ Mass Invest Tr 1Mmunl Invest Na ! Investors N'Y Bk Tr Shrs _ | North Am Bnd Tr ctfs_ Quarterly Income Sh__ Selected Am Sh Selected Am Sh inc Selected Cumul Sh Selected Income Sh Spencer Trask_Funi Am Tr Shrs util and Super Super Super Super Super Sibervised Bhi Supervised Shrs Trustee Stand Iny C_ Trustee Stand_Inv D Trusteed Am Bk "B Trusteed Industry Shrs Wellington Fund - Land Bank bonds MONTREAL SILVER. MONTREAL. April tures opened steady. 45.00b; July, 19 P —Silver fu 44.90b; THE ly the about NEW YORK. April 19 ().—New York FEDERAL LAND BANKS NEW YORK. April 19 (®.—Pederal 20 higher to 12 lower. September, DOLLAR GOES DOWN IN LONDON DEALINGS By the Associated Press. LONDON, April 19.—The United States dollar showed further weak- ness in foreign exchange dealings to- day, closing 4 cent lower at 492 to the pound. Closing quotations on the pound in New York Saturday was $4.91%. French francs remained unchanged at 110.03 to the pound. 19 (#)—Three per cent rentes, 66 francs 50 centimes; 41, per cent rentes, 70.95 | Exchange on London, 110.05. The dollar was quoted at 22.37. | TREASURY CASH GAINS | SHARPLY DURING WEEK By the Associated Press. NEW YORK, April 19.-Treasury cash gained sharply in the latest| week, bolstered by a reduction in de- posits with Federal Reserve banks. | The increase totaled $102,000,000, against a dip of $163,000,000 in re- €erve deposits. The difference, financial quarters hold, was accounted for by Federal _ | spending Treasury cash, reported by the Fed- eral Reserve Board, compared as fol- lows Week ended April 14 Previous week Same period last year PARIS, April $2.876,000,000 2,774,000,000 2,554,000,000 e | General Cable Corp.—Company re- duced prices on bare and magnet wire * cent a pound and 3% cent an; weatherproof. ‘ —— e | | | First MorTcace Loans | | District of Columbia— ‘ | Nearby Maryland— land Virginia— | Apartments 0 | | Business | Homes Properties | Maturit Bid. Asked. I R s SRR Terms from 1 10210 103 3 to 15 Years | 1013 1017 | | - 101 10 !|l Also Monthly Payment Loans | EZE2 00 1001s 160 1ob e LO0 100, Incorporated | Randall H. Hagner & Co.‘ | MORTGAGE LOAN CORRESPONDENT - New York Ltfe Insurance Co | 1321 Conn. Ave, N.W. DE. 3600 to Washington Business Men TOBACCO AVERAGE GAINS. NEW YORK, April 19 (#).—The average price for United States type 12, grade B4F, flue-cured tobacco for the week ended April 17 advanced to 20.2 cents per pound from 20 cents the preceding week, H. A. Stich, to- bacco economist, reported today. In the same week of 1936 the average price was 17.8. . Anaconda Copper Mining Co.—Com- pany reduced price of domestic copper to 15!2 cents from 16 cents a pound A1y EXCHANGE MOVES TOTIGHTENRULES Members Placed on Same Footing as Generai Public. BY the Associatec Pr NEW YORK, April 19—The New York Stock Exchange has moved to further govern trading activities of members, in accordance with recom- | mendations made by the Securities and i Exchange Commission. In new rules effective May 17 the | exchange places members and partners in member firms on the same footing with the general trading public as to margin requirements. | They require members, when trad- ing for their own accounts, to maintain at all times margin of 55 per cent in the form of cash or collateral of the market value of the securities they are carrying with their own firms or with | other member firms. The new rules are the culmination of a long inquiry conducted by the S. E, C. into member trading. In suggest- ing them, the commission held exces- sive trading by members for their own account tended to widen the market's fluctuations. Under the old system it was possible for members in so-called “daylight” trading to buy and sell many lots of stock in course of a single session, with but nominal marginal coverage, so long as accounts were evened up at the close. A supblementary rule covers opera- tions of registered stock exchange firms, in dealings for their own ac- counts. United Dyewood Corp—1936 com- | mon share earnings were $2.19 against '31.39 Consider These Facts Whep You Wish To Arrange A REALESTATE LOAN [ LOANS on improved or to be improved real estate— as low as - $7.50 per thousand per month’ including interest and curtail . . . No comm: sions . . . No renewal fees. Let us help you solve your problem with a Perpetual loan. as officers and materially as PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United States. PERPETUAL has over 55,000 bor- rowing and vings members. PERPETUAL'S Board of Directors keep in close contact with the st 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 well as its own Auditing staff. PERPETUAL has always had a rep- utation for sound, fair apprai Over 200 borrowers per month were advanced loans last year, totaling over $12.000.000 for the y zs PERPETUAL BUILDING ASSOCIATION 11th & ESTREETS,N.W. ESTABLISHED 1881 Largest In Washington=Assets Over $43,000,000 ARTHUR G. BISHOP Chairman of The Board who Need to Borrow Money American Security appreciates keen- part which Credit plays in giving needed impetus to business. It welcomes the opportunity to talk with business men their credit requirements. We have AND TRUST the funds and we have the desire to see them used constructively in the Every application for credit is acted upon promptly. Call at any of the American Security offices listed below. AMERICAN SECURITY COMPANY Largest Capital and Surplus of any Washington Trust Company Main Ofi[!f FIFTEENTH STREET AND PENNSYLVANIA AVENUB CENTRAL BRANCE 7th and Massachusetts Ave., N. W. NORTHEAST BRANCE Eighth and H Sereets, N. E. Mzupzr Feperar Dxrosrr Mzuazz FroeraL SOUTAWEST BRANCH Seventh and E Streets, S. W. NORTHWRST BRANCH 1140 Fifteenth Street, N. W. InsuraNcE CoRPORATION RessrvEe SysTEM MARVIN A. CUSTIS President EDWARD C. BALTZ Secretary District.