Evening Star Newspaper, April 23, 1937, Page 15

FINANCIAL. .U . BONDS EASE INFRESH SELLING Many Down 2-32 to 9-32. Corporate Obligations Move Aimlessly. Bond Averages 20 10 10 10 Ralls. Indust. U] ®n. =1 .2 Unc. 93.7103.0 99.7 T1.8 93.8102.9 995 T1.8 95.0103.0100.3 72.3 Year ago... 91.2102.2101.5 69.5 1937 high.. 99.0104.4102.8 74.7 1937 low... 9291024 994 1708 1936 98.2104.4103.1 73.0 1936 86.9101.8 99.3 67.6 1932 458 400 646 422 1928 hlgh.. 101.1 98.9102.9 100.5 10 Low-Yield Bonds. Noon ..__109.1 Prev. day.109.1 Month ago109.3 Year ago_111.2 1937 high113.7 1937 low. 108.4 1936 high_ 113.5 1936 low__ 110.2 1928 high- 1044 1932 low.. 86.8 Net change. Today, noon Prev. day. - Month ' ago- (Compiled by the Assoclated Press.) By the Assoclated Press, NEW YORK, April 23.—Support spread itself unevenly in the bond market today, being particularly light in the United States Government list. Most of the Federals fell back fur- ther under moderate selling. Treas- uries renewed their sagging trend al- most at the outset and by midday showed many losses ranging from 2-32 to 9-32 of a point. Government bond circles displayed interest in the weekly bank statement disclosure that the Federal Reserve System halted buying operations dur- ing the period covered by the state- ment following two weeks of active support. But it was also noted that reporting member banks in New York made further sales of United States Governments to the amount of $30.000.000. The corporate bond list moved aim- lessly in early dealings, with little evidence of activity in any sector. Most of the trading leaders continued in a reactionary mood, though losses were small. Moderately higher prices were paid for Consolidated Edison 334s, International Paper 5s, Interna- tional Telephone 5s and Pacific Gas 3%s. Rails remained within a narrow orbit, with loans of Southern Railway, Union Pacific and New York Central “ slipping back fractions to around a point. Alleghany Corp. 5s and Penn- sylvania 4'ss were a little improved. Bunker Iiill Votes 4-For-1 Split-Up, Dividend Ordered Es the Assoclated Press. SAN FRANCISCO, April 23.— Bunker Hill & Sullivan Mining & Concentrating Co. stockholders ap- proved yesterday the split of the com- pany's common stock into four shares for each one now outstanding. The split will make the total shares 1,308,000. The directors declared a regular quarterly dividend of 372 cents a share on the new stock, placing it on an annual basis of $1.50 a share. The dividend amounts to $490,500. It will be paid June 3 to stockholders of record May 15. DIVIDENDS ANNOUNCED NEW YORK. April 23 —Dividends de- elared (prepared by the Standard Statistics Corp.): 2 Participating. Pe- Stock of Pay- Rate riod. record. able. Co $6 ptc pf Aic 5-10 6-1 Reduced. Brooklyn Union Gas 40c - Kendall Chile Copper. Tide Water er s aker State Ext U S Playing Cord o Spectal, Plymouth Fund “A” _ic Regular. m Home Prod so T& T 7% 15t bl st Bankers. & Ship Ins_S1 Beattie Gold Mines tainer Corp of Am -cport Sulrnhur o, Lefien Po Be 86 pt- 31 Montans Pw 86 pf_ $1 trawbridge & Clothi Pismouth Fund Playing_Card c Q ‘On new stock resuliing from. split-up; initial payment. Paid $1 on old stock. NEW YORK BANK STOCKS NEW YORK, April 23 (# —Over-the- eounter market bank and trust companies: Bank of Manhatian (114) mercial B et tonal (mu! ankers () rooklyn Trust (4)_ entral Hanover (4) Chemical (1.80) Continental '(.80) Corn Exchande (3)_ mpire (1) Z fuaranty (1 Irving_(.60) Lawvers” Trust (2.40)_ Manufacturers () New York Trust (5)_ Title Guaranty & Trust CHICAGO PRODUCE. CHICAGO, April 23 (P.—Poultry. live. 1, car in. mone cue 28 trucks: hens éasler; chickens' firm; hens, o Eflunfls 17128 1’7 egnorn hen ock Springs, 2 Teghorn roosters, 12; ‘irke toms, 16; No. 2 turkeys . pounds up. white, 16 colore I white, 14: sinall’ colored, 1 10.984: prices 48; weaker: extra firsts, local, % steady; un- esh_graded firsts, local, o Cars, ; current receipts. 2014 storage A ed eniras 357s: storass packed Aratoes. 42: on track. 158: total U. S. ehipments." 658: old stock, supplies light, demand light. market stead: gwt. Idano Russet Burbanks 2.60a2.80: U. S. No. 2. car. Green Mountains, U. 8 N Wisconsin_ round 2.0 U 8. orth Dakota Early Nn P ahd Bariiy graded. few sales 2.75. New stock. supplies light. iemana fair market siighily stronger, Texas Bliss Triumphs, U 8 1 .65, mostly 3.60: T% Noo 2! car. U. S. TREASURY POSITION. By the Assoclated Press. The position of the Treasury April 2 Receipts. _$1 5 expenditur $76.654.077.06: balance. $1719.18 :’ customs receipts for the mon! on 5 Feceipts for dhe fiscal year (since July 104.789.975.90: expenditures. &r0! 30901 an increase of 473.40 | over the previous day: b 3.57, including 013,658 54’ o1 Innective gold. Britain has opened a new naval school at Sheerness, England. THE EVENING STAR, WASHINGTON, D. C., FRIDAY APRIL BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. TREASURY. 1014 1018 99.24 9917 99,8 99, 996 9828 100.7 9950 102,29 102,24 101.30 101.2¢ 108.10 103.8 108.15 103.14 106,25 106,21 104.26 104,28 106,18 106.11 108.16 106.16 105.19 106,19 107.28 107.26 109.29 109.18 104,80 104.22 104, 4% 1947-52_ 114.12 114.10 114.10 FEDERAL FARM MORTGAGE. 258 1942-47_____ 100.14 100,14 100.12 ——eemem. 101,18 101,18 101,18 —m—=mmme 101.12 101,10 101.10 . 101.24 101.16 101,15 HOME OWNERS' LOAN. lunsn-u - 998 99, 99, 989-49____. 9916 ¥93 W3 u 952________. 100.28 100,15 100.16 FOREIGN BONDS. High. Low. 2:85. Abitibl Pa&Pw 68°63_ 106 105% 106 Akershusbs 63______. 983 ¥8l%% 98%4 Antioquia 78 45 A |16% 16 16 Antioquia 7845 B 15% 16} 15% Argentine 434871 vy, 98l 97 Argentine L34a 63_.__ 101 101 101 Argentine 68 57 A___. 10134 1013 101} - 1005 1003 10035 1003 1005 1004 1018 101% 101% 1024 102 102 10135 10136 10134 1013 101% 101% 101 101" 101 102 102 102 1013 10134 o1% 10634 1063y 1065 106 106% 106% 10344 10934 10934 109 109 285194851 oo 2%8 195164 —ee 2% 8195659 ——m.. 2%8 195060 ——ee 38194648 . 38 1951-66 _ —memee Bi48 1946-49 . 3148 1949-52 . 341941 35819444 338 1940-4 3%51941-43 Mar. 47 8% 1946-56_. Argentine Argentine Argentine 6s 60 Oct__ Argentine 63 '61 Febr_ Argentine 68 '61 May._. Australia 4%s ‘56, Australia 6365 Australia 686 Belgium 68 56 Belgium 6%s 49 Bergen City Berlin 68 68 Berlin El Ry 6328756, Brazil 6%s '26-'67. Brazil 6%8'27-"57_. Brazil 78'62.. Brazil 83 41 srisbane b8 Brisbane 6s ‘68 Buenos A C 38 '84.., Buenos Aires 4%8-3%8'TT PY____ Buenos A 413876 Aug Bue Al 4%8-4%8 76 __ Buenos Aires 4%5-4%5 76 April . Buenos A C 6s 60 Apr Canada 2}%s 45_ Canada 3%s 61_ Canada ¢8 6 Canada bs Chile 68 °60 Clile 6861 Jan Chile 68 "61 Febr. Chile 6s 61 Sept. Chile 63 63 Chil 2 Chile Mtg B! Chile Mtg Bk 6348 Cologne 63850 Colombia b8 61 Jan._. Colombta 68 61 Oc Copenhagen $3%s 53 Copenhagen b8 52 Costa Rica (8 A 51.. Cuba %48 46 Cuba 538 Czechoslovak: Czechoslovakia 5s ‘52 Denmark 4438 & Denmark o8 66 Denmark 63 42 Dominic 1st b}z s'69ext Dominic 2a b4s 40 Dominic st 638 42 Dresden 75’45 Estonia is 67.. Kiniand 68 46 Krench Gv 78 ‘49 un st French Gov 7438 41._ 10044 10034 louh 10044 67 6)4 L 804§ 1% 10135 1015y il w8 y8l By 1063 1063 A11% 1113 423 ek 225 2244 2% 22hy 19% 19% 195 B1% Bl 9y ¥8% 2y oa¥ 108 104% 108% ¥4 1t 106 94 79 8L 204 100 101% 1% un 4l 81% 805 N 26% 283 8% 9idg 18 1734 106 105% 6y 763 80}y 8u b5 9534 8 39 10234 10234 1013y 98 . W8y 106% . 1% 225 22y 228, 2k 225 22l 9% 193 a1k sl% 943 98b, szly [ 108 1044 108% ¥Ths 101 106 1074 i 1175 “ 814 803 8 253 2614 974 41 B34 0% 34 6 253 2t44 94 183 1734 1065 6% 80 L Ger Gen Elec 65 48___ Ger Gov b3 ‘658t __. Ger Prv & City Bank con Ag 6%8 65 ____ Ger Rep 78 49 stpd___. GrtCElJap 78 44 Hamburg St 6546 Heidelberg 7128 '50_._ Helsingtors 615 '60__ Ial P U Crd 78’52 Japan 6%s ‘65__ - Japan 63%s ‘54 - Jugos Mtg Bk 78’67 unmat coupon ... Met Wat 53 Mex 4864 asst Mex 5545 asst Ige. Mex sf bs 45 assi Mex 6533 asst Ige____ Mexico 6s°33 sm asst_ Mex Ire 412843 ass Milan 6%s 52 Minas Gers6%s 68 Sept coupon off MinasGers 648’69 Sept coupon on_. Montevideo 6s'59.. New So Wales 58 '57__ New So Wales 6858 Norway 4s'63_ Norway “ %8 '65. Norway 4%s 56 Norway 65 43 Norway 68 44._ Norw Hy E16%s ’51 Nuremberg 6s'52_ Ortental Dev 6%s '58... Oslo ¢%s 66 Pernambuco 7847 Sept coupon off . Peru 68 '60__ 6l 61X 10235 10234 10235 10234 9b3y 96% 99% 1005 10234 10234 105% 106 10634 1063 1028 1023 19 3% 98 10234 10239 954 10034 2025 - 106 - 10645 1024 19 13% 983 2614 2034 2024 263 2034 Poland 8850 Queensland 68°47.... Rhine W El P 6s'52. Rhine W El P 6s '55. Riode Jan 8s 46 April coupon oft____ Rio Gr do Sul 6s'68 June coupon of — Rio Grdo Sul 75’66 May couponoft ___. Rio Gr do Sul 8346 April coupon oft. Rome 6%s5 52 Rumania 7s°59 Aug couponoff_____. 8ao Paulo St 68 ‘68 July coupon off ___. Sa0 Paulo 8t 78 40.... Sao Paulo St 7s 56 Sept couponoff_____ Sac Paulo St 8s ‘38 July couponoff____. 8ao Paulo St 8s ‘50 July coupon off __ Silesia Elec 6%s 46 Tokio 6%s 61 110 205 2 81 28% 0% 33 % 383 2834 923 29% 40 a8 19 763 . ofd | AFmour(Del)1st 4856 Tokio B L Ltd 3. Trondhiem 5%s '57.___. Ujigawa E P 78 45___. Uruguay 6s 60 Uruguay 6s'64_____ Warsaw 7s '68__. Westphal El Pw 6: Yokohoma 6s '61__ 5% 178 10034 10034 9% 9434 68 6834 6 6 5 “yi oay '53 205§ { 2046 5 8 sy 48°47 1013 1013 10134 45°43. 10734 10734 10734 6 gtd_. 108 10284 108 98% 9815 9gyy 903 89 8 613y 61 61 9735 974 8% 18k 783 1078 1063 10735 106 105 105 98 ey 97y V1% 97% 97154 1043 10435 10434 s s 166 1865 106 106 69} 86 59 56 . 106% 106 10 87% 87 27% 1023 102% 102% 9634 963 9614 96} 9615 9635 1043 104% 10434 108% 108% 10834 1075 10734 107% 1043 10434 1043 ) Alleg Corp 55 49 Alleg Corp 68 ‘50 stp__ Allied Stores 4%s'51_ Am & For Pw 6 2030 _ Am 1 GChE%s 49 Am Int] 53%s '49 Am Tel & Am Tel & T Ks'66 AmT&T ¢%8°39 AmT&T6%s 43 Am T F 2%8s-58'38-"50. Am Wat Wks 6s ‘76 Am Writ Paper 7. Am Writ Pa 68 47 cfs. Anaconda deb 43| Anglo-Chil Nit 7i Armour & Co ¢ % Armour & Co Del Armstrong Ck ¢s ‘50 A T&S Fead) 5 st. A T&S Fogen 48 '95__. A T&SFesn 48’95 rg.. 57 High. Low. A T&S Fe d%m'48 AT&SFeCA 6%"32 Atlanta & Birm 48’33 Atla&Ch A L 68°44.__. Atl Coast L clt ¢s'52 Atl Coast L 1st ¢s AtIC Lun¢% Atl Coast Line b8 Atlantic & D 1stés’48_ Bang & Aroos ov 4851 B&O 1st 68’48 = Ealto & O ref 68'95 A B&O6s 98 F__ B & O ref 68 2001 B&Oref 68°95 C_ B &O PLE&W V ds'41 B & O Swn 6860 Bang & Aroos 48'51stp Bell Tof Pabs 48 B__. Beth Steel 3%8°66__. Beth Steel 43 8°60___. Bos & Me 435 ‘61 J. Bot Con M 8as'34 Bot Con M 6158’34 ct_. Bklyn Man T 4 66, Bklyn Un EI b Bkiyn Un Gas 6845 Bklyn Un Gas 6850 . Bklyn Un Gas6s ‘67 B Bkiyn Un G ref 6s°47_ Buft R&P con 4%s'57. BCR&Ncl 6s'34 BCR& N 6534 ctfs BCR&Nbs’34reg.. Camag 78 43 ctfs 5 Can'dian N R 4%s'51. Can'dian N R 4%8 '66 Can’'dian N db 634s 46 Can’'dian P db ¢s perp Can'dlan Pac 4%8 46 Can’dian Pac 4%s ‘60 Can’dian Pac 5844 cfs. Can'dian Pac 6s ‘54 CaroCl& O 6862 A Car & Gen bs '50 ww... Cent of Ga con b8 45 Cent of Ga 6s '69 C Centof Garf 6%s *59_ Cent IIIE& G 6s°61 Central Il Lt 3% s'66. Cent N England 4s ‘61. Centof N J gen 6s°'87_ Cent Pac 1st rf ¢s°49._ Cent Pac 68 '60 Cent RR B Ga b5 '37_. Cert'd deb 68 "48 _ Chesap Ccv bs "44._. Chesap Corp 68 47 Ches & O 3%8s'96 D C&Ogen 44892 _ Chi & Altref 3s 9 ChiB&Q4%s'T7 Chi B& Q ref 6371 Chi & E Il 65 °51 Chi Grt West 4859 __ Chi Ind & L zen 68 ‘66 CM&StPen 31:8'89 B. CMStP4s 89 CM&St P 68 75 CM&StP&P ad] 682000 Chi&NW gen 4s '87 st_ Chi & NW rf 6s 2037 Chi & NW 4%8 2037 C. Chi& NW 4%s 49 __ Chi & NW gen 68’87 C&NW Nrw 6 Chi R I&P rf 48 ‘34 Chi R I&P rf 48'34ctf_ Chi R I&P 41,8 ‘62 ctf. ChiR I&P 4%s°60 __ Chi T H&S 1st 58°60... Chi Un Sta 3148'61___ Chi Un Sta 3%s 63 E_. Chi Un Sta 5s'44_ Chi Un Sta 4s '63 Chi & W Incon 48°52_ Chi& W Ind4%s 62__ Childs & Co 6s 43 Cin Un Ter 318 D gtd Cin Union Term 5s'57 CCC&St L gen 48°93 CCC&St Lrf4%8'17TE CCC&St L ref 68 '63 D CCC&StL StLav 45’90 CCC&StLCW&M 48'91 ClevEII18%8°65 __. Clev Un Tel 4 %877 Clev Un Term 58°73 B Clev Un Ter 5% s "T2A. Columbia G & E deb 68'52 April________. Columbla G & E 5» Columbla G&F b3 ‘61-. Colum Ry P&L 45 '65_. Comcl Credit 3%s"51_ Com Inv Tr 3%s 51 Conn Riv Pw 3%8'61A. Cons Coal Del 68 60 Cons EANY 348 46n_ Cons Ed NY 3%s°56 n Cons Gas NY 4348 '51_ Consol Of] 338 '51 Cons Pwr 8%8°70 __ Consum Pwr 3%s '65 Container deb 5s 43 _ Crown C & S 48 '50 Cuba RR 18t bs ‘52 Cuba Northn 6534842 Cuba RR 7%s'36 ctfs_ Dayton P&L 3%s *60__ Del & Hud ref 4s°43 _. Den & R G con 4836 Den&R G 41836 Den &R G W b8 '56 Den & RGW bs'55ass Det Edison 31866 Detroit EA s 65 F' Det Edison 4% 61 Det Edison 5862 Det River Tun 43 s'61 Dugquesne Lt 3% 8°56_. Elec Auto Lite 48’52 Eriecv4s’63 B - Eriegen 4396 .. Erie ref 53 '67. Erieref 58 °'75.. FlaECRy 4% Fla EC Ry 68°74 Fla EC Ry bs ‘74 ctfs_ Gen Am Inves 52 ___ Gen Cable 5% 47_. Gen Mot Acc 3846 Gen St Cast 5%s5 *49. Goodrich 4% s 56 Goodrich 6s 45 Goodyear T&R bs 109 114 304 924 104 118% 10134 10639 120 86 263 264 20 263 104 111% 123% 9514 104 10234 11234 1084 11034 106 8244 2234 22 1013 1024 7 a2 . 108Y i 1369 1084 9814 9564 10815 99 94 10734 102 10634 12 10234 —— 108 101% 108 9634 - 101 103 6834 104 1025 10735 102% 10034 10444 101% 10434 66 6334 66 10334 91y 814 Gt North'n Ry 3%s'67. ] Great N Ry 48 46 G Great NRy 4s 46 H _. Grt NR gen 4%#8'76 D. Grt N R gen 4%s'77 E. Grt NR gen 5873 C. Grt NR6%s'62 B Green Bay 5562 B._. Gulf M& N 53°50_ Gulf States Utll 48 Gulf States Ut 4% 846 Hoe (R) 1st mts 44 _ Hous B&T 1st 68’37 Houston Of] 6% Hudson Coal 6852 Hud & Man inc 65 ‘57_.. Hud & Man ref 68 '57_.. 111 Bell Tel 3148°70._ 111 Cent col tr 111 Cent col tr 48 111 Cent ref ¢s ‘65 111 Cent 4% s 66 Il Cent W L 18t 111 Steel deb 434840~ Int RT 1strf 68°66 _. 1R T 1strf 68 °66 ctfs. Interlake Iron 4s’47. Int Grt Nr 6s ‘62 A Int Grt Nr adj 6 Int Hydro Elec Int Pap 1st 68 47TA. Int Papref 6s'556 Int T&T cv 4% Int T&T 4¢%s’53 Int T&T 68 '56 . [owa Cent 1st&rf4: James F&C4s°39 ___ Jones&L Stl 4 4 8'61A_ Kans CF S&M 4s°36_. Kan CFS&M rfés'36ct. Kans C So 1st 3s 60 . Kans City So ref 6s "50 Kan C Term 1st 4560 Kings Co El 48 '49 Kresge Found ¢s Lacledo G 5%8°'53C_. Laclede G 6%s 60D _ Lake S&M So 3%8°97_ Lautaro Nitr 6s°54___. Leh C&N 4%s8 64 A Leh CAN 4¢%s'64 C. Leh Val Coal 64 . LV NY 4%0°40 gtd . Leh Val Har 5864 Leh V Pcon 45 2003__. Leh V Pcon 4148 2003, Leh V RR con 58 3003 Lige & Myers 78 ‘¢4__. Loews3%s 48 ______ Long Islref 4s'49____ lol“ 1063 7634 % 82 ki kg 10034 38 184 8Y 100% 995 8 674 0% 8 95 101% 1325 6 8734 93 107 1023 108% 61 61 10034 89% i 8 613§ 102 10254 61% e 6 120% 983 1013 2:55. 109 109 111 1134 8845 BBl 11056 110% 98 98 101 101 92 92y 1083 1083 533 6oy 10634 106% 76 163 104 14 11234 112y 873 87% 883 86Y 8534 863 98 98 102 102 103 108 1105 1104 u7 [ 108 20 118% 1183 10134 1013 10634 10634 120 120 86 2634 2654 20 264 110% 110 111 1113 12316 1233 9634 963 104 104 102 102 11236 1125 10834 10834 11035 11034 105 106 3214 8234 2t 21 22822 10134 10134 10245 102% 0 7134 72 108 108% 9934 9934 903§ 91 87 87 119 119 136% 96 i 117% 87 4 107% 10785 1185 39 46y 194 624§ 681¢ 3ty 1044 4“ 81 803 19% 4 6314 88y 223 19% 20% 13 984 1028 104 105 102y 10254 100 89 1024 108 98§ 96 99 94 106 102 1% 1834 18Y% 102% 107% 11214 107% 118% 108% 1093 86 8334 82 8134 % 163 14% 10155 101% 10434 10434 100% 101 oYy 91y 9% 993 1083 106 10434 93 152 1073 1025 1013 109 116% 104 9834 100% 108 924 108;/1 10934 86 83 8134 814 1004 8 8314 87 5 9% 85% 10634 7634 (3 814 ki kid 1003 8734 15 T8 10034 9% 83 874 7034 W T4 9% 95 101% 1013 593 B9% 56% 653 8% 873 98 93 107 107 1021 102% 108% 106% 61 61 6L 61 100 1003 393 89y W o 98 98 61 6134 10184 1013 10255 10284 613§ 613 e 68 7% 5 12934 129% 98 98 1013¢ 1013 Long Isld ref 48’49 sty 102} 102} 102§ i High. Low. 2:58. La&Arkbs’69._____. Lou & Jeff Bld 4s "45._. L & Nash 3% 2003 L&N 1st4s2003...._ L&N 4%82003C_ L &N Atl K&C 48’ MeCRRclt 4845 A__ Me C RR gn 4% 8'60A _ Man S1st 73442 ctf Manhat Ry 4s°'90. Manhat Ry 90 cf Manhat R 24 4s 2013 Mead Co 6845 . _ Met Ed 18t rf 414868 Mil E] R&L 68 '61 _ MIIER&SLrf 58'71. MStP&SSMcn 4838 _ MStP&SSM 6s "38 gtd_ MStP&SSM 6%s Mo I11 6369 . Mo Pac 68 ‘81 I otfs MoPacb5%8'49 A - Mob & Oh M div bs'47_. Mob & Ohio 5s'38 Monong Pub 8 4% 860 Montana Pwr 3% s '66.. Mor&Essex 314 s 2000 Morris&Essex 4%s '65 Morris&Essex bs ‘55 _ Nassau Elec 4861 gtd. Natl Dairy 3% e'51ww. Natl Dis PC 4%8'45 Natl Steel 45 65 _ New E T&T 1st b8 New Jer P&L 4%s'60_ New Orl P 8 68 New Orl Ter 1st 45 °53. New OriT&M 4 %s '66_ New Or] T&M 6s ‘51 B N Y Cent3%s'52 wi. NY Central 3%s°97 NY Central 3%s 4! NY Cent con 48 NY Cent rf 4%s 201 NYCrf4%s2013n NY Cent rf 68 2013 _. NY Cent cv 63 44 NY Centcv 65’44 reg_. NYC Mich C3%s8'98__ N Y Chi & StL 4546 NYC&St L 1st 48°37__ NYC&StL 41%8°'78 __. NYC&St L 5%s ‘T4 A NYCh1 & St L 68°38__ NY Dock 1st 45 °51 NY Dock 5838 __ NY Edison 3% 865 D- NY G El HEP 4s 49 NYL& W 4%5°73 NY & Long Br 4s"41__ NYNH&H 4%s°67 _ NY NH & Hecl tr 6s°40. NYNH&Hecv 68 '48__ NY O&W gen ¢s'55 NY O&W ref 4892 _ NY Rys 63 65 A stp___ NY Steam 1st 68 '51___ NY Steam 68’56 __ NY Tel gen 43339 __. NY Tr Rk €846 stp. NY W & B 4345 '46. Niag L & O 55 '55_. Niag Sh 6%8 60 Norf So 1st ref 6s°61_. North Am Co 53 61 North Am EA 6s'69 C_ Nor’'n Ohio 1st 55’45 __ Nor'n Pac gen 3s 2047 Nor'n Pac 48’97 North Pac 6s 2017_..- Ogden LC 4848 _____ Onto Edison ¢s"65 __.. Oreg Sh Line 55 46 Orez W RR 4361 Pac Gas & E13%s"66_ PacG & E3%8'61_ PacG & E 48 64 Pac T&T 2%8'66 C Paramount Pio 68 ‘55 Parmelee 6s 44 Penn Co 4563 Penn Dixie C 68’41 Penn O & D 4%48°77 Penn P&L 4%s 81____ Penn RR 3%s Penn RR 3% Penn RR con 4%8°60_ Penn RR gn 4865 __ Penn RR deb 4148 ‘70 Penn RR gen 6868 ___ People GL&C rf 58'47_ Peoria & E 18t 43 °40_ Pere Marg 18t 68 ‘66 ._ Phila B&W cn 58'T4__ Phila Co 58 67 Phila & R C&1 68'78__ Phila & R C&1 63 49__ Philiopine Ry 4s 37 Pillsbury F1 M 6s ‘43 _. PCC&St L5876 B____ PCC&St L 4%8°77C__ Porto Rico A T 6s Port Gen El 43%4s 60__ Postal Tel & C 68 *63 _ Pressed Stl Car 5s'51_ Pure Ol 434 s 50 ww__ Purity Baking 58 ’48__ R-K-O 60 "41._. Reading Jer C 4 Reading R 4%s'97 A_. Rem-R 5%8°47 A ww_ Republic Stl 4% s°60_. Republic Stl ¢ ‘66 Republic Stl 44861 Republic St15%s '64_. RIAZL 18t 4%s '!l_. RioG W col 4849 A_. Roch GRE 6562 E_ Rutland RR 4%8s°41__ Saguenay Pw4 % s66_. StJo Ry L T&P 6837 St L IM&S R&G 4s8'33_ St L-S Fran 48 '50A __ St L-S F 48 °'50 A ctfs. St L-S Fran 4%s’78._ St L-SF 4%#'78 cf St L-S F 68 ‘50 B ctfs. StLS W i1st 4s°'89 StLS W gnrf 6590, StL S W 1at ter b - StPKCSL4%s 41__ St P M&M ext bs ‘43_ Seabd A L 48°50 Seabd A L adj bs" 19._. Seabd A L 68 45 A_ Seabd A L 6s 45 ctfs__ Seabd A-F1 68°35 A ct_ Shell Un deb 338 '51_. Skelly Ofl 48 ‘51 Socony Vac 8% South Bell T&T 6 Southn Cal Gas 4865 Southn Cal Gas 43 61 South Nat G 4%#8°51 __ So Colo Pwr 6847 A__ SoPac3%s 46 ______ BoPaccol 4849 o 8o Pac ref ¢8°66 ceeeee SoPac 4%8 68 ceeeee SoPac 4348’69 aeee_ So Pac 4%s 81. 8o Pac Oreg 4% So Ry gen 4556 A_. So Ry 68’94 So Ry gen 68 Sn Ry 6%8 ‘56 8 W Bell Tel 33 Southw’'n G&E L] Spokane Int 6s *55... Staley A B 48 '46._. Stand Ol NJ 3s°61__. Studebaker cv 68 '45__ Swift & Co 8% s '50 Tenn El Pw 6547 A__. Texarkana 5%s ‘60 . Lexas Corp 31861 Texas & Pac 6577 B_. Texas & Pac 8°79 C.. Texas & Pac 58 '80 D. Third Av ref 48 60 Third A ad in ex b Tol & Ohfo C 3% Tri-Contl Corp 58 '53_.. Un Oil of Cal 33s '53_ Un Ofl Calif 6842 A_. Union Pac 83%8°70___. Un Pac 3%s 71 Un Pao 18t 4s°¢' Un Pac 1st rf 44, Utll P &L 68 °69 ww. Ver Sug 1st 1842 ctfs_ VaE &P 1stref 466 VaRy 1st 3%8'66 A__ Wabash 434878 ___. Wabash 434878 otfs_. Wabash 1st 68°39 . ‘Wabash 2d 65 °39. - 107 . 102 - 10436 1043 9934 953§ 964 905 0% 9814 9624 963§ 1063 108% 903 96% 10134 101} 101% 10934 10934 10935 108% 1083 1083 . 10834 10334 108}4 10234 102)4 10234 82 82 68 €8 A1 41y 8734 37H 214 21 . 106 105 [ 6 ay 37% 21 105 10734 10734 10734 102 102 26% 21% 102 264 2% 813 [ 2084 45 @ aws_ @ % “y “ P 17 © a2y 102 102 98l 981 8835 88%4 9234 9234 9% 99% 625 60 10434 10435 105 108 10434 10434 119% 119% 1063 106} 935 98 96 96 9534 9534 [T T 8 55 873 873§ 10634 106 96 954 10134 1003 964 9614 904 90 901 893 9734 9634 1263 122 1253 126% 895 89, 10834 102% 1014 10134 89 88 9914 98 1004 100 314 62 65 624 9934 9944 1121 112 1064 10814 108 106 465 46 62 62 9 48 21 21 30 29) 106 1063 107% 1073 107% 107% 1073 107 92 92 18 174 107 107 101 101 2874 2814 - 104% 104 10214 1023 804 B0} 0 108 103 1% 1113 24 24y 108 103 - 1171 117y - 10435 1043 965 9534 101 100 10474 104 10034 1001 -. 100} 100} 7035 694 10134 10134 1005 10034 10584 1064 1054 10634 10834 107} 9834 98 106 105 1043 1043 11734 11734 108% 108 10034 100 11536 1163 114 114 835 93 103 108 12104 1217% ~. 1053 1047¢ 333 8214 15% 15 26 26 108 108 1163 116 10734 10734 80 80 628 €214 2039 2874 96 96 128 1224 98} 9834 19 119 983, 983 1073 107 106% 106} 19035 18¢ Ny I 965 96% 121 19y 22% 224 46 481 10834 1083 102 102 26 21% 19 €0 2% 813 69 21 “wy @ “y I "y “y “ - 1% “® 828 102 98 885 9234 | M 9% 51 104% 108 10434 119% 10614 bel 1068 9844 1014 9634 903 894 9 12284 1283 8934 1028 10134 88 98 10014 6844 6434 994y 11214 1055 106 “* 62 48 21 2934 1084 107% 1074 10735 92 17% 107 101 2814 10434 10234 80%% 7 108 1% 243 108 174 1043 9534 100 104 10054 100§ 693 101% 10034 108% 10834 10734 983§ 108 10434 1734 108 10044 1163 114 28 108 121% 10474 3334 15 26 108 115 10734 80 62§ 29 96 12234 9834 119 98% 107 1083 184 9734 9614 195 224 4634 1083 21% 2% 214 wn',g 100% 102% 1028 4% !U( st 183 16} 11 1084 21% 205 213§ 20 1% 11 7§ 97 98% 983 108% 108 10834 10534 10834 102% 1083 10635 98 98 104% 104% » 983 1043 9y 90 89% 8915 89) 89y 963 954 8134 803§ 106 106 101% 10135 1083 10235 10436 10434 1013 10136 82 814 10834 10835 9615 96 18934 136 10835 10835 9% 97 10535 10534 10234 1023 5% 66 328 3234 1013 1013 118% 1183 1y 11 1163 1168 i 98y Y% 98) 1103 1108 9 10634 106 100% 993 10834 108 1884 684 10084 9934 81% 31 2134 29% | mol 27 21% 9% «% :n 1023 34% 31 1634 10% 203 2044 1 9734 983 108 1053 10215 10634 98 104% 993 984 1043 [ 89% 89 9634 80% 10835 1013 10234 10434 10134 313 10834 96 126 10634 97 10635 1025 [ 323 1018 118% 111y 116% 98% 93%% 1105 1043 99 10835 100 108 583§ 273 276 B2TY 106%4 10835 1635 10834 108} 403 4o 37 87 9635 9434 864 86 / 1083 403 3 % L] FREIGHT LOADINGS [TRA AT Ta1, 328 MARK Week’s Gain Sends Total 17 Per Cent Higher Than Year Ago. NEW_ YORK., ADHI 23.—The Asso- clated Press seasonally adjusted weekly fndex of Irelght di 1'}:47-‘0 *l50” et todes %5 Range of rtcent year: 1937, 1936, 1935, 19341 Hish . 81§ a8 80% ko 858 By the Associated Press. The Association of American Rail- roads reported today 751,328 cars of revenue freight were loaded during the week ended last Saturday. This was an increase of 35,284 cars, or 4.9 per cent, compared with the pre- ceding week; an increase of 109,050, or 17 per cent, compared with a year ago, and an increase of 140,187, or 22.9 per cent, compared with two years 8go0. The teport classified the loadings as follow; This Week. Last We Miscellan‘ous 535850 "% 11ess X “"A“ 85 than distets Forest prod'ts Washington Produce BUTTER—92 score, 1-pound prints, 36: Ya-pound prints, 37; tub, 35. 90 score. pound prints, 36; '%-pound prints, 3 calves, 1 tub MEATS —Choice. Leef. 18: : pork loin. 24; frozer: veal. ‘16; Hicea Bacon” slab bacon, “28: " com- pound. 13t lard, 14% VE STOCK—Pigs, N‘/n'-“‘ light hogs, medium hogs, 91283 heavy hogs. Va: Toughs. 5V (calves.” 6a10, Prices paid ship f.0.b. Wash- tngton__ By the U. 8. Bureau of Africul- tural Economics EGGB—Market u. 8. extras, mediums. Ys-cent higher. Current Teceipts - 20: hennery whites. 21. Gov- ernment graded and dated white exgs (net Dncses paid shippers, Washirgton) — dium; about steady. TRY ~Marketr steady at unchanged prices. ored.” heavy. 1%, Chickens. Rocks. Leghorns. 13 to smaller sizes, 18 each. toms. 15, " Fowl—C: Leghorns, 14815, a Old guineas. 25a30 Turkeys—OId ~ hens, 16al8; old Fruits and Vesetables, Bales in large lots by original receivers up to 5 a.m. today APPLES—One Washington arrived: one broken and two unbroken cars on tracl Supplies moderate; demand moderate; mat ket steady. Bushel baskets. U. 8. No. 1: Vi Btaymans, 2Y-inch minimum, 'z-inch’ minimum, 2.00- Viethch inch minimum, 1.75- inch minimum, inch minimum; Paragons. Seanch minimumm. 1 Pennsylvania. v:r na: Cartons, fai 00; Mary- Virginia and - West ncy, Lowrys, 1.60- Staymans. 2.00- as to “size, extra fancy and fan Btaymans, 2.00-2.2i Golden' “Delic] 2.50; Winesaps, fancy, 2 5 i e CABBAGE—No carlot arrivals: two bro- ken cars on track. Truck receipts mo erate; supplies moderate, demand erate: market steady. South Carolina, 1%5- bushel hampers, pointed type. truck re- ceipts, packed locally. 85 ASPARAGUS —No ' ‘carlot arrivals; broken car on track, Traek erate. supplies moderate: demand mod- erate: ‘market weak. Bouth Crolina, pyramid - crates, dozen bunches: Extra o: atr Colossal, 100: CARROTS—OM California ived: three broken and two. Unbroken Savs o track. Supplies moderate: demand - grate market steady. Texas. Basher Bag- Guilfornia, Western lettuce one receipts mod- lnth crates, wire- lozen. 2.25.°8-10 dozen. 1.75- “LETTUCENo carlot arrivals: five bro- ken and two unbroken cars on track. Sup- plies liberal: demand moderate: market steady. Arizona. Western crates Iceberg dozen._ best. 3.00-: fair condi- condition. 2.00; k hampers, Big Bos- -1 s caviot arrivals: no cars on track. O Bupphios moderate; demand mod- grate: market steady: 50-pound sacks. U. §. No. 1: Michigan and New York yellows. © exan S pound sacks_yellow Ber- . U._S. Commercial, 1.8 No carlot arrivals car on track. light: _market California. Carolina, one broken Supplies moderate: demand steady. Bushel hampers: 1 Aglephones, 3.00-3.25; South Potato Market Weak. POTATOES—Two Florida. two Maine, one Texas arrived; two broken and eight on track. Old stock te: light; 100-pound _ sacks, . No. 1: Maine, Green Mountains. 2.15-2.25; Idaho Russet Burbanks, 3.00-3.15, New stock: Supplies moderate: demand slow: market weak, Florida, double-head barrels, Spauld- ing Rose. U. 8. No. 1. 4.50-4.75. BPINACH_No eatlot srrivals: on track. Supplies light: demand light; market steady. Bushel baskets: Virginia, 80-65; fair quality, 50: nearby sections, 350, WBERRIES—No _carlot _ arrivals; no"cars o track: truck receipts equivalent to three cars North Carolina. Supplies moderate: market steady. 24-quart crates, Klondikes, 4.50-5.00: very oW sales, 5250 oldy, 3.60 per crate. Florida, 36- pint crates, fair to ordinary condition. 00 few Dest. 4100 ber. crate. Loulsiane 24-pint_crates, 3.00-3.50 per crate. SWEET POTATOES—One South Caro- lina arrived: one unbroken car on_track. Supplies moderate; demand light: market steady. North Carolina, bushel baskets, Porto Ricans. 1.25-1.40. upplies_light: LIMA B light: market steady. Florida, hampers, 3.50. no_ cars demand Bushel U. S. TREASURY NOTES. (Reported by Chas D. Barney & Co.) Maturity. Dt 15 255555 0205555 338333238322 NEW YORK PRODUCE. YORK. Aprll 23 = (M.—Eegs 20088 ensjere Mbred colors. - stor ekl fests a3apavs. O Other "mized prices unchanged. S steady. Creamery. extra (93' ey Bave - rsis (88-D1 i Centralized (90 score). un- about steady. 18 turkeu g{;ou) des unc] pCheese. 80788, ng ;flil]v: D?u‘:{," by tngt wls. colore T2n3%. “Beher trelant pri anged. steady to firm: ‘Wabash 58 ‘80 Deceeee Wabash 5%8°76 oo Walker H&S 4%8°¢5... Walworth ¢8°55 .- Warner Bros cv 68°39. Warner-Quin és Warren Br cv West Penn P3%s W 8h 2061 gtd_. W Sh 1st 48 2061 reg__ West'n Md 1st ¢s'53. West'n Ma 534877, West'n Pac 58°46 A___ West'n Pac 68 46 A as West'n Un 43%s ‘50 Westn Un cl u‘zn ‘38 9615 968 By 49 48y 48y M 717 10434 1083 1083 921 92§ 9T 86)4 8614 86)¢ 10834 1023 10834 10834 10834 10834 A 85 88y 36} 863 853 10434 104 10434 10234 1024 102}4 10835 108 108 108 Wilson & Co 48 °56 EESma ey s st gn 48 49 o WIICB&D'!‘PHCI‘IC_ 1635 163§ 1634 Y'ngstaS&T 338 31 148} 148)4 148)4 Y'ngstn 8&T II'H..._. 10134 10036 1013 ! 23, 1937. FINANCI1A L. ek A—15 TRADE CONTINES % ON UNEVEN PATH Retail Gains Less Than Seasonal, but Sales Hold Well Above 1936. B the Associatea Press. NEW YORK, April 23.—The various divisions of trade and business con- tinued to move unevenly this week, Dun & Bradstreet said today in the weekly review. “Retail distribution failed to reach its seasonal degree of acceleration,” the agency said, “lacking the stimulus of favorable weather, although the advantage over the previous year wu widened. “This disturbed buying in wholesale markets, as reorders were under the expected volume and placing of future commitments was slowed. “Led by the divisions which resumed capacity schedules following adjust- ment of labor disputes, the inclina= tion of industrial operations was ex- tended.” The agency estimated retail sales for the country as a whole at from 8 to 18 per cent above the comparative 1936 period, and reported only a few lead- ing centers failed to equal the sales total of the preceding week. Percentage increases over 1936 in the major geographic regions were listed as follows: New England, 12 to 18; East, 6 to 22; Middle West, 15 to 20; Northwest, 14 to 24; South, 17 to 22; Southwest, 19 to 15, and Pacific Coast, 12 to 20. “Unsettled weather prevented an even rise in retail sales,” the review stated. ‘“Movement of Spring mer- chandise broadened rapidly on some Own Your Home Outright in 20 Years $9.50 per $1,000.00* per month pays all carrying charges and taxes. *Approximate. Consult SHANNON & LUCHS Mortgage Loan Correspondents INVESTORS SYNDICATE 1505 H St. N.W. Natl. 2345 CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 BEFORE YOU MORTGAGE or refinance your home ‘or business property LOOK into our plan that offets you a loan, repayable byconvenientmonthlypay- ments, which, in addition to saving you commissions and renewal charges, also gives you a share in the profits of this Amociation. NORTHERN LIBERTY BUILDING ASSOCIATION S11 SEVENTH STREET, N. W. " Enablished 46 years D. C. BUILDING AND LOAN LEAGUE U. 8. BUILDING AND LOAN LEAGUE MONEY!! for Mortgage Refinancing \UR modem, convenient plan assures you a low interest rate—a more con- venient method of meeting payments on principal —a longer period in which to fin- ish paying off theloan.If your mortgage is due to mature #oon, come in and talk it over =no red tape or obligation. WEAVER BROS inc REALTORS Mortgare Loan Corvespmdont Mutropeltian Lifs Inmrance Company WASHINGTON BUILDING DISTRICT 9486 days, with a marked improvement in demand for women's coats, suits, dresses, millinery and notlons. No consumer resistance was encountered to the mark-ups on shoes and men’s clothing. Furniture and housewares still headed the 1ists of many shoppers and interest widened in hardware, garden implements and wallpaper.” In wholesale markets the agency noted buyers from both the coal mining and industrial regions recently troubled with labor difficulties were —_—— RUBBER FUTURES. NEW YORK. April 23 (#.—Crude rub- futures opened irregular, 20 to 41 a: lower 2.80-81; " July, 22.85-88; Beptember, 32.99-23.07. & MONTREAL SILVER. MONTREAL, April 23 (PiBliver fu- zlzreshop"enleu Sy 10, dower; ' May, 55b: Jul 5b. LT ptember, '44.35b. Investments First mortgage notes, 6% new bulldtage i Washington and near- $500 up. Interest 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con- by Maryland. Denominations of Established Nearly €0 Years FirsT M orTGAGE District of Columbig— | Nearby Maryland— and Virginia— | Hoimes Apartments Business 0 Properties Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Ct'o.l Incorporated MORTGAGE LOAN CORRESPONDENT 1321 Conn, Ave, N.W. DE, 3600 Amertized L01§NS for buying, building or refinancing loans on your home, made under Federal Hous- ing Act, Title 2. This Bank Has Made Over $2,000,000.00 of These Loans AN A AN Savings & Commercial BANK Two Convenient Branches: Sth & G 1518 K Sts. N.W. St. N.W. Member Federal Deposit Insurance Corporation Your Savings Here 716 11th Street and the dition of the bank. of our deposits A part is | well. munity. A part goes request. less hesitant in covering requirements. | New York Life Insurance Co. i SECURITYY Insurance up to COLUMBIA BUILDI NEW YORK BAR SILVER. NEW YORK, April 23 (#).—Bar silver steady and unchanged at 447%, Money for Construction Loans and Loats on Improved Properties Prevailing Rates FIRST DEED OF TRUST ONLY GEORGEI.BORGER 643 Indiana Ave. N.W. Nat'l 0350 BANK EARNINGS IMPROVE Recent statements warrant immediate attention to BANK STOCKS Selling at low prices and offering unusually favor- able dividend returns. Recommendations om Request G. J. CRAMER & CO. INVESTMENT SECURITIES 70 Wall Street, New York, First Mortgage IMPROVED REAL ESTATE At % Monthly Payments If Preferred Construction Loans District of Columbia, Nearby Md. and Virginia WM. J. FLATHER, Jr., Inc. 1508 H St. For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MEMBER BUILOING & LOAN ASSOCIATION COUNTIL o O C. Permiarien | BUILDING ASSOCIA'!'ION | NATIONAL 949 NINTH STREI-T NW. Interest as Low as 3% Are Protected by Federal 5,000 NG ASSOGIMIOI Opposite Palais Roval THE purpose of a bank’s statement of con- dition is to give to the proper federal or state banking authorities, and to customers blic, a report of the financial con- Our latest bunk statement h‘st;oonr ;sszts and liabilities, showing what we do with our depositors’ and stockholders’ money. Part of the money is set aside to maintain required legal reserves. A reasonable amount of cash is kept on hand to meet the daily business re- quirements. Under normal conditions much into active business use. to individual customers and -managed bmnm enterprises helps the general business life of this com- which into government bonds and other sound readily marketable securities. We invite you to read our latest statement of condition. A copy will be sent you on McLachlen Banking Corporation TENTH AND & é?xleErs. N. V. S.W. Branch, 12th and Maryland Ave. S.W. Member Federal Deposit Insurance Corporation [Booklets covering this series ‘may be hed wpon request.)