Evening Star Newspaper, April 28, 1937, Page 19

FINANCIAL. THE EVENING STAR, WASHINGTON - CURB LIST JUINS 'NEW YORK CURB MARKET By private wire direct to the Star. INSHARP DECLINE Leaders Recede Sharply Following Break on Big Board. By the Associated Press. NEW YORK, ers dropped pathy with big board Newmont, Aluminum Co. of ica, Wayne Pump. United Gas, ican Cyanamid *“B,” sharply today in sym- the break in prices on the Amer- Amer- Creole Petrole- um and Heyden Chemical entered the | with losses ranging from | Gulf Oil and | final hour 1 to around 4 pomnts Electric Bond & Share had sizable recoveries in late trading, though | both remained well under the pre- | vious closings There were some In industrial specialties. mostly on the down side. Sidney Blumenthal Co. and Jones & Laughlin Steel were down 7 each in light dealings. Royal | Typewriter rose more than 9. " INTERNATIONAL SILVER EARNINGS IMPROVE By the Associated Press. MERIDEN, Conn. April International Silver Co. and its Cana- dian subsidiary reported an estimated net income of $163,728.10 for the first quarter of the year, after depreciation and provision for Federal income taxes The loss of of 1936. CURB BONDS DOMESTIC [BONDS 28.-—The report compared with $169,728 for the f a net E B o B L tis (o5 April 28 —Curb lead- | wide movements | All time shown below is daylight saving on which the 230 8tock and Sales— Dividend Rate. Add (0. AeroSupply Al1% 1 Aero Supply (B). Agfa Ansco _ | Air tnvestors Inc- Air [nvest cv pf._ Alr Inv Inc war 2 Alabam Pw pf (7) 10s | 8 3 1 1 Exchange s now operating. High. Low. Closs. Alum’n Co of Am 2260132 Alum (Am) pf (6) 160r Alumn Goods b2350 Aluminum Ltd __ Am Afrlines. (nc Am Beverage ___. Am Box B'od (1)_. 19 Am Capital pf b75 1 Am Cit P&L (A) 31008 Am CItP&L Ba20c 1 Am Cynam Bt 21 Am Dist Tel N.J 5 Am Dist T NJ pf 7 s Am & For Pw ww & Am Fork & H (11) 2 Am G&E (1.40) 29 | Am Gen C’p (a50e) 13 | Am Gen pt (215) | Am Gen nl’l') Am lard Rub(al) Am Laun'y M 80c. Am L& T (11.20) | Am Mfg Co (a3) | Am Maracatho | Am Meter (b75¢) | Am Pot & Ch a2% 1008 Am Seal Kap a30c. Am Superpower _ Am Superpwr pf__ Anchor Post F | Angostura (+20c) | Apex Electric(al) | Appalach E P pf 7 | Arcturus Radfo T- Ark Nat Gas | Ark Nat G cu pf Ark Nat Gas (A)_. | Art Met W (80c) . Ashland O&R 1406 As13] Ltd h36 2-5 Ass0 Gas & Elec _ AsSOG & E (A) __ A830G & E $5 of Asso Laundries At Coast Fis b Atl Coast LaZly Atlas Corp war _ Atlas Plyw'd(1%3) Austin Stlver Auto Products Auto Vot Mch 50, Axton-Fisher (A). | Babcox & Wil (4) Baldw L bd rts(d) Barfum Stafn Stl Barlow&S(A)1.20 | Baumann Co (L) | Ba’n Li%1st pf a Bellanca Alreraft. Bell Alrcraft Berkey&Gay F Co Berk&GF pur war | Bitas Co (E W) | Blue Ridge (blic) Blue Ridge cv pt 3 Blumenthal § Bohack HC 1st pf_ Bourjols (a75¢) . Bower Roll B (2)_ Bowman-Biltmore Bowmn-Eilt 1st pt Brazil TL&P 40c_ Breeze C Incasc. Brid'p't Mch b: Briil Corp pt . Brill Corp (A)_. 508 08 | Brill Corp (B) Brillo Mfg (80c) Brillo Mfg A Brit-A-T cu B b | Brit Celan Ltd res Brown Co pt 9008 Brown F&W blse. 2 Brown Forman._.. 1 Bruce Co (EL) o 1 Buff N&E pt 1.60_ 15 Bunker H & S(b1) 1008 Burry Biscuit___. 1 Cable Bl Prod vte 1 Calamba Sug 11.60 1 Can Car&l'dry pt_ 25s Can Lndus Alco A_ | Can Marconi. arib Svndieat + | Carnegie Metal Gen Gen Pb ndiana Ser Indianap Gas Indnap P&L, 55 Interc 4 Interst Interst L, Kentucky Klmnv v high P Pw e Menzer 17 100 Midian V R R Minn P & L 553, Mont-Da Noan €t 2 R V!“ Ams Md\ New E 1 MG A & s | Consol Stesl Corp | P & L 6s 2099 A ‘a0 804G &% fis A ,m,l.m L oRal goa 401, 491, 41 1".11”‘11”4 50 A 0 st f015 xm. Fh 87 1011 2 g 2104341 1% 10 047 0R3y 9 03 BONDS, Banbas O % ww—With warrants. xw-—Without ware nts. n—New. at (stp)—Stamped iNegotiability impaired by maturity tCompanies reported in receiversaip, 18Y ey U. 5. TREASURY NOTES. NEW YORK. April 2R (#.—Prices quoted | in dollars and thirty-seconds. P Month. p. b. March dune D. March June| De c g | March 5 7 1 {une 1 004 i o n 3 gabs 1188 Approx. Asked yleld. 0L £ Carrter Corp _ Carter (JW) 80c.. Catlin Corp (a40c) Celluloid Corp .. . Celluloid Corp pf_ Cen Hud G&E 80c. Cent&S W Ul _ Cent States Elec . Cent St Elevpfn Cent St 1 6% pt Centrif Pine t40c Cham MW S 1R0c. 2 Chesebrough (74) 1008 Chi Rivet & Mach. & | Childs Copt _____125s Clttes Service_ 197 Cltles Service pf . 20 Cities Sve pf(BB). 70s Cit Sve P&L 87 pf. mu Auto S(Thic) vity & Sub H Clark Con (b30c | Claude Neon Lts ‘(_lev Tractor. Colon Dev Ltd_ Colo Fuel&Ir war. 5 c. 117, Com'with & S war 8 Com'u’ty PAL 1st. 1008 Community PS 1. 508 ComSM ste vte t1. 1 Compo S M ste t1. 1 | Cons Alrcraft 10 | Consol Copper 38 CGELt&P R0 3.60 6 Consol Gas Utll__. 11 | Consol Retatl Stra 8 P Cont’l G&E pr pf 7 258 ilContlOfl (Mex) _ 8 | Cont’l Roll & S Fv | Cook P & Var e Cooper B pf Aajile | Cooper Bess pr pt. Copper Range Cord Corp Corroon & Reyn__ Coaden Of) Me (d) Cosden(Me)pt(d). Creole Pe* (a(c). Crocker-Wh al0c_ Croft Brewing ___ Crown Cent P afo. Crown Dr (b20c) Cusi Mex Mining Darby Petr (60c).. | Dayton Rubber. Dennison 7% pf._. Derby Ofi & Ref Derby Oil&R pf b2 8508 Detroit Gasket t1. Det Gas pt (1.20)_ Det Gray Ir +20c_. Det (Mich) Stove.. Det Pap Prod 125 Det Stl Prod b2ic.. Distilled Liquors.. Domin S&C (B) | Dow Chemical (3). Driver Harris 144. Dubellar Conden, Duro Test (b10c)_ | Duval Tex Sa50c. | Eag Pit Lead bl0c East'n G&F Asso Estn G&F As pf 3.800s East G&F p pf 4% 1268 East'n States Pwr. East’'n St Pw (A). Easy W M(B)b2ic L(‘nnum\ G S b2ic O B o I O TN B e -8 Eisler Elec (asc) . Elec Bond & Share Elec B & 8 pf (5)._. Elec B& S pf (8) El Pwr As(A)a25c Elec P&L opt war. Elec P&L 2d pf A _ Elec Shareholding Electrographic t1. Electrol Inc v.t.c. Elgin Nat W b50c. 1265 Emp G&F 6% of 1258 Emp G&F 6% % pt 25s Emp G&F 7% pf _ 50s Emsco Derrick t1. 1 Equity Corp(a25e) 110 Burop'n El bd rts_ 20 Evans Wall Laad Excello Afr(b20c). Fairchild Avalbe. 8 | Falstaff Br (31%) 3 Fanny Farm C(1). | Fansteel Metal \ Fedders Mfg b25c. Ferro Enam b7ic_ Fiat cts (a93%c) . Fidelio Brewery . Fisk Rubber ... nz 108 100s 89 3314 22 2614 23 374 268 23 375 26 385 2814 k3 4 132 112 174 104 22% 2% 2053 38 | Hygrade Svlv (3) | Mid-W Abr: | Neht Corp | North States P A 2:30 Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Fisk Rubof (6) 254 70 79 179 FlaP&Lopt .___ 1000 42 42 Ford L.tdal81-100 14 6% 6% Ford (Can) A (1). 17 22;4 Ford (France) Fox (P) Brew 80c Franklin Rav aflc Froedt GEM(20c). 1 121§ Froedtt cv pf 1.20 100s 18 Gen Allovs s Gen Firepr'f b2ic. = 4 Gen Invest Corp - 19 GenInvCorppf_. 1 GenWG&Ews . 1 Gen RavonLtd A 8 Gen Teleph (b25e) 2 Gen Tire & Rub 20 Gen T&R pf A (6). 208 Georela Pw pf (6) 258 Gilbe't(AC)ab2%e 2 Glen Alden C (1) 6 Godchaux S A b2_ 150s Godchaux Sug(B) 8 Goldfield Consol .. 8 Gorham (A) ___ 2 Gorham Mfvtctl 8 Gorham pf ww___. 508 Crand Nat) ®{ims 81 Grand Rap Var (1) 2 Gray Tel PS (1) 2 Grt ARPTnv 16 150s Grt A&PT 1st pf 7 268 Great Nor Pap t1_ 25¢ Greenfleld T& D._ 11 Groc Store Prod__ 8 Guardian Invest _ & Gulf Ofl (Pa) b25e 82 Hall Lamp (86c) 6 HartfordEl Lt 2% Hartman Tobacco. Harvard Brewery. Hat Corp (B) 80c. Hearn Dep S b1 65 Hecla Mining bao Helena Rubenst'a. Hevden Ch (12) _ Hollineer (+65¢) . Hoe & Co. Inc (A). Holophane (bi0c) Holt (1) pt A b20c 1 Horn & Hardart t2150s Horn & Har pf(5) 10s Hudson BM&S (1) 89 Hiomble Ol (1%) 16 Hussm'n Ligon(1) 1 Hverade Food 1 Fos MP&L6% DI . 1508 111 Pwr & Lt $6 pf 10508 Imp O Ltd 500 6 Tmp Ofl reg (+50c) & ITGtB&IbR4Ke. 6 Ind'n Ter N O(B) 1 Ind Pipe Line b30c 2 Indiana Sve 6% pf 10s Ind Service 7% pf 208 Ind’ap P&L nf 6% 258 Indus Fin 79 pf _ 258 Ins Coof No A +2_600s IntiCizar M ts __ 3 Int] Hv F1 8 cv of Int H E Sep A war @ | Int] Metals Tne A - Intl Petrolm t1% [nt] Produets. Int) 7Tt (BY Int] Util war new_ Int) Vitamin(5ne) Inv Rovalty (t6c) Iron Fire vte 1.20. Irving Afr Ch (1) Ttal Superpwr(A). Jacobs(F1,)Co(1) Jeanette Glss afife | JerCen P&Lpf 5% Jones&Laugh St1 KingsCo Lt pf B 7 Kingsten Prod 400 | Kirby Petrol (20c) | Klein (DE) (+1) | Kleinert Co (60c) Knott Corp (h10c) Konners nf (8) Kress(SH) pf 60c. Kreuger Brew t1_ Lake Sh M (t4)__. Lakev F'v & Mach. Lane Brvant p® Lefcourt Realtv | Leh Coal &N 30c_. Leonard Of1 | Lion O1] Ref (1) Lit Brothers ___. Locke St Ch +80c_ Tockheed Afrcrafe Lone Star Gas 80c Long Island Ltk .. Lone 11,0t A7) Loudon Packing_. La Land (40e) . Lucky Tiger t+12c. Lynch Corp (+2) . McCord Rad (B) . MeWilliams D (+3 Majestic Ra&Tel_ Mange] Stores _ Margay Ol (1) Marion Steam Sh_ Mass Util Associa | Massev Harris Master Elec (1) _ \Ierc Stores (h3)_ Merritt Chan & 8 Merritt C& Sof A Macahi [ron Metal Textile 40c_ Mex-Ohio Ofl _ Mich Bumper C_ Mich Gas & Ol Mich Sugar Mich St1 T P b"Eo. | M1d Sta Pet (A) .. Mid Sta Pet (B) Midvale Co (b7ic) 5 alle Midwest Of] (11)_. Mining Co (Can) .. Mock Judson 60e._. Molvbdenum Corp Monroe L S(A)32e Moody's pt pf (3). Moore Dist (t50¢) Mount Prod (60c) Murray(Ohlo)b30c | Nat Auto (b50c) _. Nat Baking Co __. Nat Bella Hess __ \m Bd & Sh Nat Leather Nat P & Lt of (6) too; Nat Mfg & Stores_ 1 Nat Of] Prod t60c. 1 Nat Rub Mcha20s 11 Nat Service Nat Union Radio . | Navarro Oil (40¢c). 1 10 2 3 Neisner Br pf (7). 2258 Nelson(H) (a45e) 2 New Jer Zinc (12) 650n New M&A Ldalc 23 Newmont Min b761 2 New Process (12). 2 New HavCl (1%). 1 N Y & Hon (b75c).100s NYMer(80c).__ 1 18 |N Y Pw&Lt nf (1) 508 108 N Y Tel ot (63%) . 125001175 N Y Water Svepf. 208 4815 Niag Hud Pwrnew 14 12 Niag HP(A) war. 11 % Niagara HBwar_ 6 1% Niag Sh Md Baf0e 2 12} N1 Sh Md pf A(6)_ 255 95 Niles Bm Pnd b50c 3 41 Nipissing (60c) . 8 234 Noma Elec (b40c). 1 6} North AmL &P . 5 3% North AmL&P pf 5008 No Am Ray A b50c No Am Ray B b50¢ North CT O (30c) North'n Europ Ofl Northern P L 75¢.-. 23% £ Nor Tex El 6% pf. Northwest En bs0¢ Novadel Agene(2) Ohio Brass B b75c. 508 Ohio Ol cu pf (6) 1 Ohlo PS 1st pf(6)_ 508 OKkla Nat GasCo . 5 Okla Nat G p£(6)- 508 Oldetyme Distil_—. 2 4% PacG&E 1st (1%) 1 26 Pacific Ltg pf (6)- 76s 1043 Pac Tin spec (12) 600s & Pan-Am Afr (t1). 8 Pantepeo Ofl 61 Patchague Ply a7 50s Penn-Mex Fas0c. 1 Pennroad (a36c) b1 Penna P & L pf(6) 40s Penna P&L pf (7). 708 Penna Salt (b1%). 50s Penn Wat & P (4). 1 Peppe! Mfg 6. 1508 Perfect Circle t2_. 50s Phila E1 Co pf (5)- 608 Phila Elec pf (5)_- 508 Philllps Pkg a60o. 2 Phoenix Secur . 11 Pierce Gov (bl5c). 6 Pion'r G Ltd b30c. 1 Pitney Bow(t40c) 8 Pittsbgh Forging. 14 NN D W 11434 11434 11434 3234 8234 324 1% 27 UNION PA[]IFIG REVENUES JUNP 1936 Gain of More Than 34 Per Cent Seen in Pas- senger Total. By the Associated Press. NEW YORK, April 28.—An in- crease of more than 34 per cent in Union Pacific Railroad Co.'s 1936 pas- senger revenue was the greatest per- centage gain for any large railroad in the United States, said W. A. Harri- man, chairman of the board, in the company's 1936 pamphlet report. From this source the company’s re- turns amounted to $15,062,417, against $11,200,331 in 1935. Modernization of equipment Was credited by Harriman with bringing a considerable part of | the traffic increase, 2:30 Stock and Baies— Dividend Rate. Add 00. Pitts & L Eb2% - 30s Plough Inc (1.20) 1 17 16% 164 Pneu Scale (b30c) 1 6§ 64 Potrero Susar 3 8 Powdrell&Al 1600 8 1044 Pwr C'p(Can)a2be 100s 2134 Pratt & Lamb (a2 3 Premier Gold 1120 4 Producers Corp__. 22 Prosperity Bal% 1 Prov Gas (80e) 1008 Prudent’l Invablc 1 Prudent Inv pf(6) 1008 Pub Sve Ind pf 108 Pub Sve Ind prpt. % Pub Sv Okla pl(8) 10s Pus SA P&L pf b5 258 Pug SA P&L 36 pf. 126s Pyrene Mfgajle.. 2 Quaker Oats (5) _ 20s Quaker Oats pf(6) 108 Ry & Lt Secal.56. 0 Rainbow Lum (A) Raym’d Cone (1) Raytheon Mfg vie Red Bank __ Reed R B new 180« Reeves (Dan) 60c. Refter-Fostor . Rel EI&En C a25e. Reybarn Coa2ibc.. Reynolds Invest __ Rice Stix DG b50c. Richm’'d Radlator Roch G&E pf D 6_ 1008 Roosevelt Fleld _. 1 Root Petrolm (1) 10 Rossia ntl Corp.. 4 Royal Type bi5c. 10008100 Russeks F Av 500. 12% Rustless [r&Stl _ 16% Ryan Consolld’d Ryerson & Haynes St Anthony Gola_. St Lawrence Corp. St Lawrence C pf. 50s St Regis Paper___ 69 Savoy O1l 9 Scovill Mfg (bSOc)”OOA Secur Corp Gen__. Segal Lock & H _ fi Selberling Rubber 17 Selected Indus .. 20 Sel Ind all cfs 63 1508 Sel Ind pr pf (514 )250s Sent Saf Control .. Seton Leath a50c._. versky Atrcraft Shattuck Den Min Shawin W & P 800 Sherwin Will (4)_ Simmons HA & P Singer Mfg (16) Solar Mfg (b10c) onctone C (al0c) Soss Mfg Co (50) - SocCal Ed pf B 1% So Penn Ofl(t13%). South'nColoP A High Low, Close. 102 101 101 94 9% 508 | Southl'd Roy bi0c. Southn Union Gas Spanish&Gen rcts Spencer Ch 8 b75¢. and Brewing _ Stand C S pf1.60_ Stand Dredging Stand Drev pf. Stand Inv cum pf. Stand Oll Ky (t1) Stand Oil Neb b2ic Stand Oil Ohio 11 Stand Pwr & Lt Stand P& L (B). Stand Prod (b2ie) Stand §11&L4 (4c) Stand Tube (B) ._. Starrett Corp vtc Sterl Alum (b2ic) Sterl's Brew a7bc. Sterling, Inc(Zoc) Stinnes(Hugo) d_. Stroock & Co (2) Stutz Motor. Sullivan Machine. Sunray Oil (b5c) . Ocupt 2% Sunshine Min (8) Superior Port C B 12 Swiss-Am Elec pt Taggart Corp.___. ‘Tastyeast(Del)A. Tavlor Dist (30c). & Technicolor as0s_. 15 Tech Hughes 140c 6 ‘Texon O1] & L 60c 6 Thew Shovel a50¢c 1768 Tilo Roof Inc (1). 38 Tob Prod Exp 16c. 2 Todd Shipyd (12) 800, Toledo Edis pf (6) 10s Tol Edis pf A (7). 10s Tonopah M (aée). Tr-Lux DPS t20e. Transwest Oil Co_. Tri-Contl C war__. Tubize Chatillfon. Tubize Ch A (bl). Tung-Sol Lamp .. Tung-8Sol L pf 80c. Ulen & Co 7% % bt Unexcelled Mfg_.. Unit Alr war Unit Chemical United Corp wal Unit Gas Corp Utd Gas war _ Unijted G C pf bl% Unit Lt & Pw (A) Unit Lt & Pw (B). Unit Lt & Pw pf _ Unit Prof Shallc. Unit Shipyds B __ Unit Shoe M t2% 2258 Unit S Mch pf1.50 10s USFoll (B) (1).. 6 U 8 & Intl Secur_. U S Lines pt U S Play Cards t1 150l U S Rub Reclaim_ T Unit Storesvte_.. 9 Unit Verde Ex (1) 5 Unit Wall Paper 23 Univ Cons Oil(a1) 1 Univ Corp'n v.t.c.. 4 Univ Prod (b50c). 60s Uta P&L pf b8734¢ 268 Utica G&E pf (7) . Utilittes P& L (4) 17 Utll P& L pf (d)-.450s Utility Equities _. 1 Utilities Indust’l.. Valspar vtc S Van Nor Ma b40c.. 2 Vengzuela Petrol. 21 Wagner Bak b40c. 2 Walker Mining L ¢ Wayne Knit Mill : ‘Wayne Pump 50c.. 80 Weisbaum B B 40c 8 Well't'n Of) of Del 4 ‘Wntwth M{g blbc. 18 W Va Coal & Coke 8 Westn A E (a26c). 2 ‘Western AutoSup 9 West Tex Ut pf(6) 20s Wil-low Cafeteris ‘Wilson-Jones bl Willson Prod (t1) Wolverine Port C.. Wolver Tube b20c. Woodley Pet t40c_. Wool FW Litd bile Wright Harg t400. Ygstn Stl Door(2) Yukon Gold(al3¢) 1 Dividend rates tn dollars based on last guarterly or semi-annual payment. tAn- nual rate~not inc TAc- cumulated dividends last year b Paid this vear. d Companies reported as being in bankruptcy or in receivershin, or being reorganized under thebankruptcy act. or securities assumed by such com- tos. A 314 K3 2BwNrn manSoeas o weorLe 1 3 1 1 10 ki 1 1 5 3 ¢ | Security Dealers’ D. C, WEDNESDAY, Prev. 1037 Stock and Bales— High, Low. Dividend Rate 9% 7 Unit Stk Yds (50c)- R4 b4 Utd Stores (A) 108 79 Univ Pictureslstpf 4% 2% Utl) Pw&Lt (A)(d). 2% 1% Vadsco Sales Corp.. 39% 281 Vanadium Corp __ 44% 39% Van Raalte(b821%c) 46% 424 Vick Chemical (+2). 12% 7% Va-Car Chemical.__ 5414 Va-Car Chem 6% pf 8 Va Iron Coal&Coke_ 26 ValronC&Cpf_ 3% Wabash (4) ___ 9 Wabash pf (A)(d).. 14% Waldorf Sys(+1.20). 29 Walgreen Co (32) . Walker (H) (2) Walworth Co Ward Baking (A) « Ward Baking (B) Warner Bros Pict _ Warner-Quinlan(d) Warren Bros (d) __ Warren Fay&P(t1) Waukesha Mot (1)_. Webster Eisenlohr _ Wesson O&S (150c). West Penn El pt(6). West Pa Pwr pf (7) 874 Western Maryland.. 17'2 Western Md 2d pf ._ 7% Western Pacific p!_. 6114 Westn Un Tel (3) _ 44 Westingh'se A B(1) 23 58 108 43 27 56 b 2 26 23 12% 46 38U 91, 56 1004 18 2313 1% 8313 5T% NEW YORK (Continued From Page A-18.) Add 00. High. 16% 611 44 1937, STOCK E Prev, 1937 High, Low. APRIL 28, Dividen 30% 3T 22 38 Wheeling 15 5 8% Wilson & 81 624 37% 204 Yellow T} 142 125 YelTr& w40 1017 75% 40% 31 M 10:00 A.M. 12:00 Noon 6 1.6 Total Sal Dividend rates larations 8 | not Ineluding _extras. a Companies _ reported z Ex dividend 41% 48 <~1'3 Stock and 167% 130% Westingh® 24 Weston El Inst b2ic 36% Weston Elec(A)(2) Westvaco Chlor (1) 30% Westvaco 6%pt 1% Young Spr& W(13). Ygstn S&T (b75¢) Zenith Radio (bl) 6% Zonite Products._.. Approximate Sales of Stocks on the N. Y. Stock Exchange. s Unit of trading less than 100 shares. FINANCIA XCHANGE BaJe d Rate. Add se £l (b1) 108 Steel 23% White Motor __ White Rk M S(1.40) White Sewing Mach 36 White S8ew Mch pt__ 4'z V7ilcox Of! & Gas Co (50¢) 492 Woolworth (2.40) _ 341 Worthington Pump. Worth Pump pf(A) 77% Worth Pump pf(B). 100 Wright Aero (a1) __ 6813 Wrigley W ir (13) . 494 Yale&Towne(160c). B4 1% 9815 —4)3 R5 99 6915 50 -2 r & Coach Cpf(bl1%) 12 1 40 — % 8415 ~4 3214 ~1% 6 R34 32 L} 21 20 60,000 11:00 A.M. 30,000 1:00 P.M. les for the Day 2,530,000 As given 1n the anove table are the annual 1,170,000 - 1,860,000 cash payments based on the latest quarterly or half-yearly dec- tAnpual rate— b Paid this year, being reorganiz a Paid o last_ year. recetvership or NEW YORK TELEPHONE TO REDEEM PREFERRED By the Associated Press. NEW YORK, April 28.—The New York Telephone Co., largest operating unit of the American Telephone & Telegraph system, announced today 250,000 shares of its 63 cumulative preferred would be redeemed July 15 at $110 a share and accumulated un- paid dividends to that date, Washmgton Exchange| SALES. !Ani\uvsua & Potomac 1st 5s—81,000 at 76, $1.000 at 76 Potomac Electric Power 5'57% 10 at 11175, 10 at 1111, Real Estate Mortgage & Guaranty pfd.—100 at 5'5, 100 at 8's, AFTER CALL. Washington Gas 5s, 1960-—$500 at 117%. Potomac Electric Power 6% at 113 Potomac Electric Power 5';7% pfd —5 at 11114, | Capital Traction 5s—$500 at 83 | National Capital Bank—34 at 145. Bid and Asked Prices. BONDS. PUBLIC UTILITY & Telsa, 4'as ptd— Amer. Tel Waoh: Rew. & Hes 4o MISCELLANEOUS | Col._Country C PUBLIC UTILITY. Tel. & T tal Transit C & W Steamboat | Pot. Elec_ Pow. 67 Pot. El P. 5! Wash. Gas Li_Co Wash. Ry, & El Wash! Ry. & EL BANK AND TRUST COMPANY Amer. Sec. & Tr. Oo. (eK) p0 301% | of Bethesda (n 3 f 109 160 Sa Br Geornes BR. & Tr. (50) | Riges (ex) | Riges pid (5) Washington (6) Wash, Loan & Tr FIRE INSURANCE. | hen's (160) . )}M Union (.60) TIT l.E XNSLRANC! Columbla (.30 Real Estate S 1ko CELLANEOUS., | it M Cer. Re Wdwd. & Lot Wdwd, & Lof *Ex dividend, 45c paid INVESTING COMPANIES NEW YORK. April 28 (P —New York Association (Noon aquotations.) | Admin Pd 2nd Inc | Am Business Shrs Am Gen Eq Inc _ Am Ins Stock | Bancamer ~Blair ank Group Shrs Bankers Nag Inv Corp Basic Indtry | Broad st. Inv Builock Fund _____ Can Inv Pund - Corporate Trust Corporate Trust A A b Trust A A mod Accum Ser CorD T Ak mod. T Cumulative_Tr_8h Depos Bk Sh N Depos Ins Shrs Depos Ins Shrs Diversified Tr Dividend Shrs, Eaquity Corp $3 Fidelity Fund Tnc First Boston Corp Fixed Trust Sh A Fixed Trust Sh B Found Tr Sh Fong ovestors Inc B c pf Gen_Investors Tr Group Sec Agriculture Group Sec Automobile Groun Sec Building Groun Sec Chemical Group Sec Foo | Group Sec Invest Shrs | Group ‘Sec’ Merchandise Group Sec Mining . Group Sec Petroleum Group Sec R R Equip Group Sec Steel Group Sec Tobacco Huron Holding = Incorp Investors Insurence Group Shrs Investors Fd “C” Keyston Cust Fund - Mafor Shrs Corp Maryland Fund o National Investors No¥ Be Tr Shrs - ew Englan Norn Am Bond 1 ¢ eus” Nor Am Tr Shares _ Nor Am Tr 8h 10 Not Am Tr Sh 1 Nor Am Tr hS 185 Plymouth Fund Inc Quarterly ‘Tncome Sh Selected Am S = Selected Am Sh Inc’ __ Selected Cumul Sh = Stand Uul Inc. Super of Am ' Tr A ShDer of Am Tt AAC Super Super Super Super of Am_Tr D Supervised Shrs Trustee Stand Inv C Trustee Stand Inv D. Trusteed Am Bk B Trusteed Industry Shrs_ Wellington Fund FOBEIGN MARKETS. ?Dnl 28 (#).—Stock exchanze trodoreete Jovarably Jpretscd 53 ChARS cellor Chamberlain’s ~ explanation regard- ing the new excess profits tax. Prices were firm most of the day, although some issues eased at the close In absence of sup; portine orders. Gemama, " cspectally alstiing. Shl“flmi shares. Oils and rubbers moved er. while the mining group was mix k msm-fim«;x and German bonds, closed ractionally ¥ARISL ¢ irend of the Bourse today was mixed. Rentes closed 10 centimes Tower to 35 higher - an Tose 85 francs. Royal and Sues Canal shares declined 250 francs. — American Gas & Electric Co.— Common share earnings, 12 months ended February 28, were $2.22, against $1.91. | pfd.—3 | Baltimore Phone Revenues Climb Well Above 1936 By the Associated Press. BALTIMORE, April 28 —The Ches- apeake & Potomac Telephone Co. re- ported to the Public Service Commis- sion today that its operating revenues for March in Maryland totaled $1,204,- 337, an increase of $61,989 over those | of a year ago. The utility said its operating ex- | penses for the month were $788,17 lan increase of $49,090 over those o March, 1936, Taxes amounted to | $166 404, | The report said 236,245 telephones | were in use on March 31. This was | an increase of 90,490 over the number tn operation on March 31, 1936. THE WEATHER| | District of Columbia—Mostly cloudy tonight, showers tomorrow; not much change in temperature; gentle shifting Maryland—Generally fair tonight, | followed by showers tomorrow; not | much change in temperature. Virginia—Mostly cloudy, probably showers tomorrow and in southwest portion tonight; warmer in southwest portion tonight. West Virginia—Showers, late tonight or tomorrow; east portion tonight, River Report. beginning warmer in very muddy and falling fast at Harpers Ferry, W. Va, at 8 a.m. this morning. | Revort for Last 24 Hours. Temperature. Barometer. Desrees. ch a3 58 48 4“4 28 i Record for Last 24 Hours. oon yesterday to noon today) at 315 pm. yesterday. at 5.30 am. today. Yesterday— 4 pm Year Record Temperatures This Year, Highest, 93, on_April 1& Lowest, 19, 'on February 28. Humidity for Last 21 Hours. om noon yesterday to noon today) gallIRDESL ©0 per cent, at 11 p.m. yester- Lowest, 37 per cent, at 11 a.m. today. Tide Tables. (Furnished by the United States Coaat | | and Geodetic Survey.) Today. High 9:536 8 m. 408 am. ) p 446D The Sun and Moon, today tomorrow Moon. toaay Automobile lights one-half hour after Precipitation. Monthly precipitation in inches in Capital (curreni month to date Month, 19 Ave. January __ 7 783 ‘a7 February e March 1 April | May June July ugust ptember Qctober November December Weather in Various Citics, Temp. Rain- Bare Hh Low fail. We. 0 the | Stations. T Cincinnati Cleveland Columbia Huron.' S Dak. Indianapolis Jacksonville Kansas City Mo Los _ Anzeles Louisville_ Ky. Miami. Fla. Minneavolis Oklahoma_ City Omaha. _Nebr. Philadelphia Phoenix. Ariz. Pittsburgh, Pa. Portland. Me. Portland, _Oreg. = Raleigh 'N. C Salt Lake City Fla D.C Foreign Stations. Stations Temperature. Weather. am., Greenwich time. today,) London, ‘England ist Paris. France _ Gloudy Vienna, Austria Rain WASH.. Gibraltar. Spain - oon. Greenwich’ t Horta (FayaD). Azores (Current ubnr\nmns ) Georges. Bermuda__ 66 S Tona e R Havans. Cubs Colon, Canal FOREIGN EXCHANGES. NEW YORK. April 28 (). —Forcign ex- chance mixed! Great Britain in dollars, others in cen Great am-m demand, 4.0414 4.94%; 1 g France de mand. Ttaly de: Tand: A amve o Demands—Belgiu i Germany, xelmerad Ve 54.83; Norw. Hongkong. Montrear in Ne York in Montreal, 99.81%. n—Nomixal. 100.18%; New BOSTON WOOL MARKET. OSTON. April 28 ( (U. 8. Dept. of | Acnonrore) APEe SRoat mavker was duiet ‘oday. Buyers generally showed little in- terest in_domestic_grades Some ‘dealers offered contracts for fine Western grown wools at §: $1.05. | Seoured basin, “for orisinal wools, mostiy | of bulk French combing atd staplc lenglh. | nd 85 to 98 coured basis. for Frerch ecmblnl lnfl Glclh\nl lensths. 2 i | gations winds, becoming moderate southeast. | § Fotomac and Shenandoah Rivers |’ | No. 3 white, 54',a55'5; | 1.30. nominal; .| 1937, of all | tors of CHICAGO GRAIN By the Assoctated Press CHICAGO, April 28 —For the sec- ond day in succession, the corn mar- ket today kited for the stratosphere and did much to overcome a down- | ward trend of other grains. May corn rose abruptly at times to around the extreme permissible limit, 4 cents a bushel. Traders in sore need of corn 10 meet contract obli- displayed unabated anxiety and bid higher prices, with little or no attempt at restraint. At the close corn was ranging from 3 lower to 3 c with yesterday’s finish, May, 1.29 130%; July, 1.18'<aly; wheat, 'y 1 cent advanced, May, 1.29al.29' July, 1.17'4a%, and oats oft Vx) 1z up. 1 VHEAT— Open. 8 to July Sep CORN— SOY BEANS— Ma July 1.687 g,;‘l Oct 15 50 1635 Chicago Cash Market. wheat, No. 2 dark No. 1 mixed. 1.32!3; ellow, 1.3712a39; oats, No. 1 white. 56!2; No. 2 white, 553,a561;; 80y beans. 170'2; no rye: barley 73287, nominal; malting, 100a timothy seed, 4 25a50 hundredweight; clover seed, 27.00a 33.00 hundredweight. Cash No. 3 yellow, feed, Winnives Prices. April 28 (P —Grain range cipal markels today: WHEAT—High. May 30 ous 08! BONDS T0 BE REDEEMED. NEW YORK, April 28 (#).—The United States Sugar Corp. an- nounced the redemption on July 1, first mortgage and col- lateral trust bonds, series B and C, due July 1, 1941, at 102’z and ac- crued interest. Outstanding bonds total $137,800. DIVIDEND INCREASED. NEW YORK, April 28 (#)—Direc- | Ingersoll-Rand Co. declared | a dividend of $1 & share on the com- mon stock today, payable June 1 to holders of record May 10. The com- pany had formerly paid 50 cents quarterly and on December 24 last an extra of $4. NEW YORK BAR SILVER. NEW YORK. April 28 (#).—Bar silver firmer, up 3 at 45%. AND TRU 7th and Mass. Ave., N. W. Eighth and H Sts, N. E. MEMBER FEDERA 3 —b% | - Y| its higher compared | 1 * SEARS DISCLOSES | HUGE SALES GAIN <|Volume for Third Period Climbs 20.5 Per Cent Above Year Ago. | By the Assoctatea Press CHICAGO, April 28.—Sears, Roes buck & Co. reported today gross sales for the third period, from March 27 to April 23, totaled $43,412.493, an | increase of 20.5 per cent, compared | with the corresponding 1936 period. | Sales for the fiscal year, from Jane | uary 30 to April 23, totaled $114, 313,225, an increase of 19.6 per cent, compared with the corresponding 1936 period Both figures established new records for the company. Gulf 0il Corp. Gulf Oil Corp. and wholly-owned subsidiaries in a report for 1936 showed net profit of $26,356.003, against $10,~ 551,720 in 1935 The profits were equal to $2.90 a share on 9,076,202 shares outstanding after payment of the 100 per cent stock dividend. This compared with $1.16 a share earned in 1935 on the same basis, Wheeling Steel Co. Wheeling Steel Corp. and subeid- | faries reported March quarter net profit of $1,308,807, equal after 6 per cent preferred dividend requirements to $1.89 a share on common stock. | This compared with $10922, or 3 | cents a share on preferred stock, in | March quarter last year. There is an | accumulation of unpaid dividends on the preferred. Standard Brands. tandard Brands, Inc., food proces=~ sors and distributors, reported net in- | come for the quarter ended March 31 of $2,885492, before undistributed | profits surtax, equal after preferred | dividend requirements to 2 cents a share on the common stock. This compares with $3,793.542, or 29 cents a share, in the corresponding period of last year. Paramount Pictures. Paramount Pictures. Inc, report for the fifty-three weeks ended January 2, showed net profe it from operations of $3889,019. This was after charges, including subsidiary preferred dividends. but ex- clusive of special inventory reserve and profit on sale of debentures. This compared with profit of $3.153,167 for the year ended December 28, 1935, United Corp. United Corp.. a utility investment company, reported for the three in & hard, | corn, | REAL ESTATE LOANS on Improved Property Monthly Payments or Straight 3 year Loans AT 5 % INTEREST Consult Real Estate Department AMERICAN SECURITY Main Office FIFTEENTH STREET AND PEN Branch Offices MEMBER FEDERAL DEPOSIT INSURANCE CORP. | months ended March 31 net income |after taxes and expenses totaling | $2,163,793, compared with $2,071,965 in the first quarter last vear. After | allowing for dividends on the $3 pref- erence stock, there was a balance of $297.273. Yellow Truck. Yellow Truck & Coach Manufac- turing Co., controlled by General Mo- tors Corp, reported March quarter net profit of $456.753, equal to 1 cents a share on combined common | stocks. This compared with $791.e 042, or 25 cents a share for the March quarter last year. Jones & Laughlin. Jones & Laughlin Steel Corp, Pittsburgh, reported for quarter ended | March 31 net profit of $1.982,394, equal after dividend requirements on preferred stock, of which there is ap accumulation of unpaid dividends, to $1.65 a share on the common stock This compared with net loss of $933,« 279 in the March quarter last year. McKesson & Robbins. McKesson & Robbins, Inc, drug | manufacturers, for the first quarter | showed net profit of $979,690, equal te | 45 cents a share, against $551,005, or 12 cents, in the comparable period last year. Business Machines. International Business Machines Corp. reported March quarter net in- come of $2,169,311, equal to $2.80 8 share on capital stock, against $1.- 889.921, or $256 a share in March quarter last year. 225 TONS OF LEAD SOLD. NEW YORK, April 28 (#)—The St. Joseph Lead Co. reports that 225 tons of pig lead frem Southeast Mis- souri mines were sold yesterday at 1 $5.85 per hundred pounds St. Louis. ST COMPANY SYLVANIA AVENUE S. W, N.W. Seventh and E St., 1140 Fifteenth St., L RESERVE SYSTEM LOANS ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. EQUITABLE CO-OPERATIVE B UILDiNG ASSOCIATION 915 F STREET N.W. Organized 1879