Evening Star Newspaper, May 11, 1937, Page 17

FINANCIAL. CORPORATE BONDS REMAIN NARROW Gains and Losses About Evenly Divided—U. S. Group Uneven. Bond Averages Rals, ndust. U] Fan, 1 1 —2Unc. 94.0103.3 98.9 - 9411034 99.1 9341026 998 91.2102.5101.5 99.0 104.4102.8 92.6102.4 98.7 98.2104.4103.1 86.9101.8 99.3 67.6 45.8 400 646 422 1928 high_..101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Noon ..__110.2 Prev. day- 110.2 Month ago 108.7 Year ago- 111.4 1937 high_ 113.7 1937 low__ 108.4 1936 bigh. 1135 1936 low.. 110.2 1928 high. 1044 1932 low__ 86.8 Net change._ Today noon. 1.3 %3 1.2 68.9 74.7 70.5 3.0 (Comptled by the Associated Press.) By the Associated Press. NEW YORK, May 11.—Bonds re- mained in a narrow range today, with gains and losses about evenly divided in late trading. A few rails moved forward under lead of Great Northern 4s, which rose nearly 2 points. Nickel Plate 413s and Western Union 5s fell 1 or mere. Industrials showed little action, ex- cepting & 3-point rise in American Typefounders convertible 5s. Trends were mixed in the United Btates Government list, but there were a number of gains ranging from 1-32 to 8-32 of a point. Some low- coupon Treasuries were down 1-32 to 5-32. In the foreign division Cuban 5)2s were again in demand. Loans of Abitibi Power & Paper were down, as were those of Poland, France and Colombia. INVEETING COMPANIES NEW YORK. Mav 11 (#).—New York Becurly Deaters' Atsoctation (Noon quotations.) Admin Pd 2nd Inc Bankers Nat Thy Corp - Basic Indusiry Equity Corp '$3 pt Fidelity Fund Inc._ First Boston Corp Fixed Trust Sh A Fixed Trust sh B Found Tr 8h A Fund Investors Inc Bec Chemical Food Sec = Sec Invest Shrs Sec Merchandi: ron Hol Incorp Investors Inst] Bec: Bx ¥ Stocks. Bldg_Suppl: Y Stocks. Elec Equip Y Stocks, Insurance_ 8 u{-ng Util Inc B f Am Tr ;l‘“!'feds[lnd iy oo Trunteed Industry Shrs - Wellington Fun DIVIDENDS ANNOUNCED YORK. 11.—Dividends de- el-'rle'i.!wrprw-red by the Standard Statistics D) Extras. Pe. Stock of Rate riod. record. Tac 8- 15:‘. Pay- able. 6-1 e 5-21 6-1 8! Bterling Inc 2 5-15 Interim. Tobaeco & Allied Stks S1 Initial. Bavidson Bros llinois Zinc Richardson Co Am Car & Foundry_ Accumulated, AR mf:v Rt allaher Dr 7% pf $1.40 _ nmewell 38 cv pf mmr M{$3 pic 8 pf Ol‘mpic Pcr‘l:r S8 B oan T2 S - Regular. arl %ds gfl $120cva mlc Clnfle gou S Gal lhtl D 7% pte pf 3b6c %_cum pf $1 Im erhl Oll Teg eros t Pet reK I e e ntl Bafety Razor A encer ~ Kellogg NEW YORK BANK STOCKS NEW YORK. May 11 (P —New York Security Dealers' Association: muouuom as of 2 o'clock.) 00000REEOO O mutu!unrs‘ Py snufacturers’ Tr pf (2) Title &T FEDERAL LAND BANKS NEW YORK. May 11 (#.—Federal Land Bank bonds. Nov.. 1058-28 e G METAL MARKET. YORK. May 11 (#.—Conper lteld_y nlecu'nlvl\c apol and future, export, 2 by, M.: T Lead York, nonw o By 8t. 8. zlm- Sleady- Eact Bt Louis b future, 6.75. Antimony. spot. 14.50. aluminu; quicksilver, platinum amite. on ‘“1 Armstrong Ck ¢8°50_. 105 106 106 BONDS ON N. Y. STOCK EXCHANGE | By private wire atnu te The Star, Approximate Transmctions Today. U S Gov't Bonds. 2,180,000 Foreizn Bonds 990, Domestio Bonds. TREASURY. All time shown below s daylight sa on which the Exchange is now opcrating. High Low. Close. 9728 97.20 97.20 102,18 102.10 102.10 100.17 100,13 10716 99.26 9928 ¥9.28 99.27 99.22 9923 100.27 100.28 100.23 108.23 108.21 103.22 102,20 102,15 102.15 104,11 104.11 10411 1067 1046 1047 106.20 106.20 106.20 318 1944-46 ___ 106. 105.28 106.30 3%8 1940-43June 105.18 106.18 105.18 . 106.26 106.22 106.22 106.14 106,13 106,18 109.14 10¢.12 109.18 11, 11031 111, OMI-lMllfllvli 106.4 106.80 106.1 4% 9 1947-52 116.16 116.10 115.10 FEDERAL FARM MORTGAGE. 381947 102.26 102.26 102.26 181949 1026 1024 102.6 102.26 102.26 102,26 HOME OWNERS' LOAN. 24194244 99.21 99.20 99.20 2%s 1939 100.5 100.1 100.1 181952 101.28 101 25 101.25 FOREIGN BONDS. Abitib] Pa&kPw 68 °03_ Akershusbs 63 ____. Antioquia 7845 B Antioquia 78 45 D _. Antioquia 1st 78 °57 __ Antioquia 24 7567 new Antwerp 68 '68 Arg 080,000 2%8 1949-53_____ 2% 1945-4T___ 2% 1948-61 2% 8 1951-54_—___ 2% 8196669 . 2%8 1950-60____. 381946-48 ____ 381961-56 oo 8% 1966-49_____ 339 1949-63_____ SYs 1941 _____. Low. Close. 1013 1013 8 98 145 14y 4y 14y 18 184 18y 13y 10014 1005 98 98 10034 10034 10144 101% 10034 1005 10034 1004 10134 1013+ 10114 10134 10134 1013 102 w2 10136 1011 1075 1075 10634 107 1014 1013 108% 1093 9915 99y 19% 193 1914 19% 20% 2084 2 2 864 36% 3634 363 381 38k 465 a6 101 101 108 108 3034 6% % 8 8034 10135 85 mgh. 101% 2814 1415 144 1845 184 1001 4834 1003 1015 10034 10034 101% Argentine Argentine 6s 59 June. Argentine 6s 59 Oct _ Argentine 6s "60 Sept_ 10134 Argentine 6s ‘60 Oct __ 10134 Argentine 68 ‘61 May_ 102 Australia ¢%s ‘56 1014 Australia 6 5 1073 Australia . 107 Austrian7s’57 .. 101y Belgium 614849 ____. 109} Bergen City 58 °60._.. 9934 Berlin 65 68 1984 Berlin 63860 19Y Berlin Elec 6s ‘55 2084 Berlin Elec 648 5 21 Brazil 618 °26-'57 37 Brazil 61 8'27-'67, 374 Brazil 78’52 £l Brazil 8s 41 4% Brishane 6s '8 101 Brisbane 68 ‘50 108 Budapest 6s 62 unmat coupon op - Buenos Alres 4%8-3%8'77 Py Buenos A 4%s'76 3034 27% % ® 8074 1013 86 803 6 Buenos A 6361 st Pv_ Bulgaria 7867 July craponoft____. Canada 21w 45_ 3 Canada 4s8'60 _ Canada 6s°62 Chile 6s°60 _ Crile 68°61 Jan Chile 68 61 Febr _. Chile Mtg Bk 63 '61__. Chile Mtg Bk 68 62 Chile Mtz Pk 61586 Chilean Mun L 7s 0 Cologne 61,850 = Colombia 6s 61 Jan .. Colombia 6s 61 Oct Covenhagen t%= '53 Copenhagen §s ‘52 Cordoba 7s 57 stpd Cordoba 7s 42 Prv Costa Rica s A ‘51 Cuba 5s '14-'49 Cuba 5%s ¢5 ——— Denmark 4%8s '62__.. Denmark 6%s ‘55 Denmark 6s '42 = Dominic 18t 614840 Dresden 78'45 . ______ French Gov 71,8 °41__ Ger C Bk A 68 38 = Ger C Bk A 68 '60 July Ger Gen Elec 6348 _ Ger Gov 643 '65 st Ger Prv & City Bank con AR 6148 '5% Ger Rep 7s "49 stpd Ger Gov 68 65 un st Hait) 6s 62 Hung L M 7%s 61 A _. Hung LM 7%s'61B_. Hungary 7%s 44 Febr coupon on. Italy 78 61 1tal P U Crd 7s *52.. Japan 5% 65 ___ Japan 6%s 54 Karstadt 6s '43 ct stp_ Mex 45 '10-45 asst = Mex ¢s 10- 45msst sm Milan 6%s ‘62 = Minas Gers6%s ‘68 Sept coupon off __ MinasGers 614s ‘69 Sept coupon on New So Wales 58 ‘57__ New So Wales 55 '58 Nord Ry 63s ‘60 Norway 4863 Norway “is ‘65 Norway 418 '66_ Norway 6843 _ Norway 68 44 OsloG & E 53 '63 Oriental Dev 6s ‘63 Panama 68 63 stp Paris Orl Ry 6% ° Permambuco 78 ‘47 Sept coupon off . Peru 6s ‘60 Peru 6s ‘61 Poland 6s " 40_._._ Poland 7s 47_..__ Poland 8860 Porto Alegre T4 July coupon oft Prussia 6s ‘52 Rhine W E1 P 6s°53._. Rio de Jan 6%8s ‘63 Aug coupon off . Rio de Jan 8s 46 April coupon off _ Rio Gr do Sul 63’68 June coupon Rio Gr do Sul 1 May coupon off Rio Gr do Sul 7s '67 June coupon off Rio Gr do Sul 8846 Apri] coupon off Rome 61862 San Paulo C6%s ‘57 May coupor T 8ao Paulo 8t (1] July coupon off _... Sao Paulo St 7s 40.___. Sao Paulo St 7s ‘56 Sept counonoft ___. Sao Paulo St 88 '50 Jul@eoupon off _ Serbs 8s'62 unmeo._ Silesia Elec 63848 _. Sflesia Prov 7a ‘58 Sydnev 514s 55 _ Tokio 6%s 61 Tokio B L Ltd 6s '53. Uruguav Uruguay Warsaw 7s ‘58 Wuerttemberg 7s '56_. Yokohoma 6s 61 DOMESTIC BONDS. Adams Express 43’48 101 Alleg Corp bs*44 _ Alleg Corp 63 49 Alleg Corp 63 ‘50 stp Allled Stores ¢ % s *b! Allied Stores 4% s '51_ Am & For Pw 69 2030 AmMIGChE%s'¢49 Am Int] 6%s Am Tel & Tel 3%s ‘61 Am Tel & Tel 3% s ‘66 AmMT& T ¢%8 39 AmT&T6%s 43 Am T F 21%8-6038-"60 ‘162 14a34 162 Am Wat Wks 65756 10834 106 106 Anaconda deb 438 ‘60 1053 1063 10634 Anglo-Chil Nit 78 "67 37 81 a7 Armour & Co ¢%8s '39. 102}4 102}4 10234 Armour(Del)1st 48’56 98 v7 91y Armour & Co Del 48 67 97% 973§ %73 734 81 10836 10834 106% - 10834 10534 106 98) 9% 98 9% 9T 9Th 10834 105% 1083 118 1125 s A T&S Feadj 48’95 __ A T&S Fead) ¢s 95 st A T&S F adj4s'95st rg. A TAS Fe gen 4n 95 ATAS FeC A 4% 62 A T&S Fe TSCL 45 68 Atla&Ch A L 68’44 Atl Coast L 18t 43 '62_ Atl Coast Lclt 45 62 AtIC L un 4y Atl Coast Line bs " Atlantic & D 1stds 48 _ Atlantic & D 24 C!'{l At1G & W 168°F9_ Aust & Nor 5s°41_. B&O1st4s 43 B&O 4%s 60 B&O 1st 584! Balto & B&O6&s B&Oref bs zaon DA_. B & Oref 6s°95 C B&O PLEEW V ¢a'41 B & O 8wn 6s ‘50 - B & O Toledo 4869 Bang & Aroos 48'51stp Beth Steel 3% 866 Beth Steel 43 s ‘60, Bos & Me 68°56 _ Bos & Me 65 67 Bot Con M &1,8°34 Bklyn C RR6s'41_ ___ Bklyvn E4 con 3% #66._. Bklvn Man T 4%s 66 Bklvn Un El 6850 Bklvn Un Gas bs 45._. Bklyn Un Bkivn Un Bklyn Un Brown Shoe 3% s Buff R&P con 4%s 57 Bush Term Bldg 6s'60 Canada So 5862 A __ Candian NR ¢% Candian N R ¢ Can'dian N R 4% 8 55 Can'dian N db 63,8 46 Carn dian P db ¢s perp Tan'dian Pac ¢%s 60 Candian Pac 65'44 ctfa Yan'dian Pac 63 ‘54 __ CaroCl& O 68 62 A__. Cent of Ga 1st 55'45._. Cent of Ga 63 69 C _ Cent INE&G 68°51 _ Centof N J gen 6s°87_ Cent Pac 1st rf 49 Cent Pac 6s ‘60 = Cent RR BGa 68'37__ Cert'd deb 6148 48 Champ P& F 43,8°50_ Chesap Ccv bs 44 Chesap Corp 68 47 __. Ches & O 3%s 96 D_. Ches & O3%s 96 E_._ Chi & Altref 3s 49 _ Chi B & Q gen 45 '58._. ChiB&Q4%s 77 _._ ChiB& Qref68°'71 _. Chi B&QI div 3% w49 _ ChiB&QIlldv ¢s'¢9_ Chi & E 11) 68°61 - Chi & E 11158 ‘51 ctfs_. Chi Grt West ¢8 '69 Chi Ind & L gen 63 '6 Chi Ind & So 4856 _ CM&StP gn 41,8 ‘89 CM&StP4%s8 89 E_ CM&St P 68 76 == CM&StP&P ad) 582000 Chi & NW ¢1%4s 2037 _ Chi & NW 4%82037C. Chi & NW 4%s 49 Ch) & NW gen 68 87 C&NW Nr W 61%48°36_. Chi R I&P rf 48 °34 Chi R 1&P rf 45'34ett Zhi R 1&P gen 48 '88. Chi R I&P 4%s 60 Ch) T H&S 1st 6860 Chi Un Sta 334861 __ Chy Un Sta 3%s 63 E. Chi UnSta 4s ¢4 ____ Chi UnSta4s 63 ____ Ch1 & W Incon 4s8°'62_ Chi & W Ind 4%s 62__ Childs & Co 6. CInG& E3Y%s 66 = Cin Un Ter 3%s D gtd Cin Union Term 6s'57_ CCC&St L gen 48°93 _ CCC&St Lrf 4348 77 E CCC&St L ret 63 '63 D CCC&StL StLdv 0. Clev Cliffs Ir 4% s '50 _ Clev El 11 3% s 65 Clev Un Term 413877 Clev Un Term 6s 13 B Clev Un Ter 6%s "72A Colo & So4%s 80 ___. Columbia G & E 6 52 May Columbia G&E 6s '61 Comcl Credit 3% s ‘51 Com Inv Tr3%s'51 Conn R&L 414851 stp.. Cons Coal Del 58 60 Cons EA NY 3%s46n Cons Ed NY 3%8'66 n Cons Gas NY 4348 '51. Consol O1l 3%48°61 __ Coneum Pwr .« %866 _ Cr 1sum P un Cons Pwr 3% Consum Pwr 3%s '65_. Contatner deb bs 43__. Container 68 '48 Crane Co 3%s 51 Crown C & S 48 '50. Crown Will P 6851 Cuba RR 7%s'36 ¢ Cuba Northn 5348 '43_ Del & Hud ref 4543 DenG & E58'61 Den G & E 58 '51 st Den & R G con ¢s 36 Den& R G 4%38°'36 _. Den& R G W 5865 Det Edison 68 ‘62 o Det River Tun 4%s'61 DulSS& At68'37 __ Duquesne Lt 3%s'56_. Elec Auto Lite 48°52_. El Paso Nat G4%#'51_ Eriecv 4s°53 A Erfecv4s'53 B Erie ref 6s 67 Erieref b3 75 Fairbks Morse 43 ‘56 Fed L&Tr 68 '42 st Fla KC Ry 434869 FlaECRy6s'74 ____ Gen Cable 5%8 47_._ Gen Mot Acc 3 46 Gen Mot Ass 3% s '61. Goodrich 41866 _ Goodrich 6s ¢ Goodyear T&R Goth Silk H 65 46 ww Gt North'n Ry 3% 8'67. Great N Ry 8 46 G Freat NRy 48 46 H__ Grt N Ry ref 4361 A Grt N Rgen 448’11 E Grt NRgenbs'73C__ Grt NRE%s §2B. Gulf M& N 68°50 _ Gulf States Uti] 45 '66 Gulf States Ut 4 4546 Houston O11 6% °40__ Hudson Coal 68762 __. Hud & Man inc 63 '57_. Hud & Man ref 57... 111 Bell Tel 3%8 70 ___ 111 Cent col tr ¢8°63_.. 11 Cent col tr 4863 (11 Cent ret ¢s ‘56 (11 Cent 4% s [11 Cent ref &s ICC&StL N OO'Al’lL. INCSt L&N O 63 '61.. LOC&STL N O 6z 63 Ind’'polis U R 6565 B. Inland St13%s 6 IntRT 1strt LR T 1st rt 63 '66 otf: IntRTé6s 32 IntRTé6s 32 I:!ll..-_ IntRT 78 32 — IntRT 7832 ctfs. .. Interlake 6s ‘51 int Grt Nr Int Hydro Elec Int Mer Marin 61 int Pap 1st 68 47A___ Int Papref 6s 65 _.__ Int T&T cv 438 39 __ Int T&T 4%s'63 int T&T 68 66 lowa Cent 1st&rfis’ Jones&L Stl 4% 5'61A. KansCSo1st3s 60 Kans City So ref 68 ‘50 Ky Cent Ry 4s ‘87 Ky&Ind T 4148 61 at_. Krease Found ¢s 45.__. Laclede Gas 63 ‘39 . Laciede G 638 63 C ... Laclede G 6%s 60D Lake 8&M So3%8'97. Lautaro Nitr 6s ‘64 High. Low. Close 10636 1083 105 10684 106 106 102 102 102 10934 1095 1093 110 10936 109% 110% 1108 1108 111 1104 110% 1083 108 1035 6 WM 94y 92% 923 92% 10434 10434 10434 62§ 524 % 45 % 18 106 108 1063 1063 6% 763§ 1435 116 86 B6Y 86y 86 868 86% 993 99 10334 10835 10434 104 921 9234 11034 11034 ¥l 96 m—e 10874 108% B4% 8434 8% M 1084 100 891 8734 10534 108% 1034 116 1083 1094 1043 10234 100 100 108 1045 100 9% 18t 10934 11134 105% 108% 15 1% 973 101 108 1085 lom 8434 84l4 10834 1083 Aum 1065 73% 27 % T4l 1014 10035 10135 7 31 a1 14 14 14 6% 6% 76 80) 79 719 10134 10134 10134 o8l 98ly 9Bl 824 82 821 651 65y 6835 69 ™ 1023 1023 10235 88 88 88 91 90K 91 1095 109% 109 102 102 102 106 108 106 ” Iy 9 6035 €0 60y 6 &9 60 10034 10034 10034 39 B 89y 98l 96 961 9335 935 983 10255 10284 102% 103% plu 103% High. Low. Close LV NY 4%0°40 gtd ... 102% 102) 108} Leh V Poon 483003 . 6134 61 @61 Leh V Pcon 43482003, 6515 64% 66} Leh V RR con 68 2003 78% 18% 18)4 Loew's 3384 985 984 98% 14 10834 108}4 103 108 98} 98} 9315 9’ 1Y Y 99 99 999 106 106 108 10834 10834 1063 108 108 108 104 1033 103% 65 64 64} 37 37T 34 8315 38 333 926 924 92 10434 10434 104% 1078 10734 1078 L & Nash til 2003___ L&N 1st4s 2003_ L& N unif 48 40_. L&N4%82003C___. L&N6s2003B______ McKess&Rob 5% #°50 _. Man Sist 7148°42 ctfs. Manhat Ry ¢s°90 Manhat Ry ¢8°90 ctfs._ Marion St Shov 6s°47_ Mead Co fs * Met Ed 1st rf*6s ‘53 __. Met WSEICrds'3s__ 18 18 18 Mil E] REL 68°61 ___ 102)5 102} 102 MIIER&SL rf 68'T1. 1023 102 102% Mi) Spa & N W 4s'47_ 37% 37% 37% MInn&SLrres49___ 6§ 64 6} 24 243 18% 19y 853§ 853§ 57 67 86 87 n ” 66} 19% a3y a2 424 393 a1y 39 16 823 by MStP&SSM 6148 '18__. ™o I11 68 69 MoK & T 1st 4s b 4 9 665 198 a2y a2y azy 895 (r e 89§ 163 8214 N 0 90 108 108 1033 103% 10634 10634 94y 9% 101%4 101% 89 8y 8935 898 98% 9834 108%4 103% 06 106 3% 8% 1045 106 121 121 ¥ w3 7Y 983 MoK & T 68 °62 A.._ MoK & T ad) 68°67___. Mo Pac 48°76 _ Mo Pac 68 ‘65 A. Mo Pacbs' 17 F.__. Mo Pacts‘18G Mo Pac 65 80 H ctf; Mo Pac bs ‘811 Mo Pac 6s ‘81 I ctfs Mo Pac 63849 A Mob & Ohio 68°38 __ Mob & Oh M div 65°47_ Mohawk & M 48°91 __ Monong Pub 8 41560 Monong Pub S 6565 _ Monong Ry 1st 0 Montana Pwr 3% Mont Tram 58 41 - Mor&Es: 3%s2000 Morris&Essex 4%s ‘65 Morris&Essex b8 '55__ Natl Dairy 3% #51ww. Nat]l DIsPC 4%#'45_ Natl RM 48°77 asst___ Natl Steel 45 65 New E T&T 1st Bl‘52 New OrlGNR 68 '83 A New Orl PSb6s 62 A__ New Orl P 5 5856 B New Orl Ter 1st ¢s‘63. New Orl T&M 6361 B New Orl T&M 63%8 54 N Y Central cv 3% s8'52 NY Central 3% NY Central 4% NY Cent 48 42 NY Cent con 4898 NY Centrf 4%s8 201) NYCrf4%s20i3n NY Cent rf 68 2013_. NY Cent cv = NYCLSh3%s'98 NYC Mich C33%s 9 N Y Chi & StL 4546 NYC&St L 4%s°78 __. NYC&St L6%s8 T4 A_. NYCh1 & St L. 68’38 __ NY Conn 1st 4% 853 NY Dock 6s 38 NY Edison 3% s 65 D NY Edisref 31 NY G El H&P 4s 4 NY & Green L 684 NYL&W istdes 73__. NYNH& H3%s 54__. NY NH & H 3148 '56_. NYNH&H ¢%8°67__ NYNH& Hev 68 48 _ NYNH&HCR 4856 NY O&W gen 4355 NY O&W ref 48 92 NY Futnam 4s°93 NY Steam Ist 68 '51__. NY Steam 68 66 NY Tel gen 4%s" NY W& B4aks 4 Niag L & O bs ‘66 Niag Sh 6%s 60 Norf So 1st ref 68 Il North Am Co 6s 61 North Am Ea 103% 106 3% - 106 23 1078 wau 9645 vy 101% 101% 106% 10734 9y 978 89 89y 891 89) 95 97y 106 106 92 92 90% 904 108% 103% 8734 873 995 993 100 100 1083 108% 61 61 9974 9974 99% 100 ns" 13 99 99% 98 98 37 a7 45 463 ):Ay, 344 344 17 17 26% 27% 831 833 106% 106% # 10534 10634 107% 107% 1516 10744 107% 108" 1083 8 30 10834 104 108 1034 102 103 LT 1088 103% 9915 9914 10334 1084 10314 1083 1134 112 20% 20% 10436 1043 10634 10834 8915 8934 v 97 102 10234 10634 10544 10034 1004 1005 37 37 gen 3s 2041 48°97 - Nor'n Pac 434 s 2047 __. North Pac 68 2047 C__. Nor'n Pac 68 2047 D___ North Pac 68 2047____ Ogden L C ¢a°438 Onto Eqison 48 Orez W RR 4s 61 __. Otis Steel 4155'62 A__. Pac Gas& E13%s 66 PacG& E3%8°61____ PacGAE (s 64 . Pac RR Mo 1st 4838 . Pac T&T rf 358 66 B_ 10045 1003 10014 Pac TAT 34866 C___ 100% 100% 100% Para Broadway 3s'55_ 7 71 Paramount Plo 68 '55._. 1003 10084 Parmelee 63 44 _ 6615 6615 Penn Co 4s 52 E._ 10434 104% PennCo4s 63 _____ 10134 102 PennO& D 43877 ___ 1045 1044 Penn Dixie C 68 41___ 99% 9954 Penn P&L 43 1004 1013 Penn RR 3% 10834 1094 Penn RR 3% 987 984 Penn RR con 108 108 Penn RR col 11234 1123 Penn RR 438 106" 106 Penn RR4%s'84 ___ 10634 106% Penn RR con 4345 °60_. 11835 118% Penn RR g0 4%8 65 __ 109 1093 Penn RR deb 4348 °'70_ 101 1014 Penn RR gen 6s'68 _ 1153 116 People GL&C rf 68'47- e 116 People G L&C 68°43__. 1175 11734 117 Pere Marq 15t 48 65__. 9¢ 94 94 Pere Mara 18t 55 '56__. 1028 102} 102% Phila B&W 48°43 ___ 10975 1094 10974 Phila BEW 4%8'T7___ 114§ 1143 1143 PhilaCobs 67 ______ 102 100 100 Phila & R C&I68'78__ 80} 304 80% Phila& RC&16s°49__ 133 18} 184 Philiopine Ry 48'37__ 2615 264 263 Pillsbury F1 M 6s°43_. 108} 1083 1083 PCC&StL 4% 864 J__. 1153 11534 1163 PCC&St L6870 A____ 116} 116 116 PCC&St L 6875 B____ 1168 11634 Porto Rico A T 6s°42 80 80 Port Gen El 4%s 60__ 6014 603§ Postal Tel & C 6853 _ 2634 25 Potomac E1 P 3% 868, 10234 1023 Pure Ofl 4148 ‘50 ww 15 115y Purity Raking 6s *48 9% 9T Reading Jer C 4861 98 98 Reading R 414897 A_. 106% 1063 Reading R 4%s 97 B_. 107 107 Rem-R5%s 47 A ww_ 1073 10834 16015 164 9T 9TY 97 97 14 15 1688 10834 1043 1043 206 2034 100% 101 2836 253 274 273 283 28Y 90 90 6435 6434 28 228 100 100 102 102 18 s 10134 10134 313 82l 2235 8214 2834 284 183 15% 143 144 2085 10485 106 903 9134 10214 10554 66 .. Rich Term Ry 68 '52_. Rutland RR ¢%8'41__ Saguenay Pw4 566 StL-8F 48°'60 A ct St L-S Fran 4%s'78__ St L-SF 4%878 cf st StLSW ist4s'89____ StLS W 2d 48 89 StPRKCSL4%%s 41_. St P M&M ex 45°37___ St P M&M ext 6843 __ St P Un Deprtf 6s'73.. San A & A Pass 4s 43 Schuleo 634846 A stp_ Schulco 6%5 46 B stp. Seabd A L ¢ 60 stp _. Seabd A L ref 48 '69 Seabd A L rf 43°69 ofs Seabd A L 6s 46 A 18% 18% Seabd A L 68 46ctfs__ 17% 17% Seabd A-F 6835 A ct_ 985 934 Sharon Stlcv 4148 '51. 1093 110 Shell Undeb314s 61_. 993 u8s; 983 Silestan Am 78°41.___ 69 60 69 Skelly Ofl 48 ‘61 98 9835 98Y Socony Vac 314 1055 104% 104% Jouth Bell T&T 1053 10534 105} Southn Cal Gas ¢s 1081 108 10815 Southn Cal Gas 434 ‘61 1063 106% 1063¢ 8o Colo Pwr 63 47 A__ 108} 10614 1084 South Nat G 4%#'51__ 983 9834 983 So Pac3%s 46 10034 9 99! So Pac col 48°49__. ah b L] SoPacref 48 65 __ So Pac 4% So Pac 4% So Pac 4%s 81_ So Pac Oreg 4348 77._ SoRygen 48’56 A____. So Ry 68 '94 So Ry gen 80 Ry 6348 ‘58 8 W Bell Tel 3%s Southw’'n G&E 4s Staley A B 4s ‘4 Stand Of) N J 3 Swift & Co 3% Symgn G&G ‘66 xw_.. Tenn C&l RR 68 '61... Tenn C&C6s 44 B . ___ Tenn EI Pw 47T A Term AsSt L 89 383 88 9836 951 954 185 7834 7834 1083 10635 1063 9915 99 99 10235 10134 1013 10434 10434 104% 102 10154 102 103%4 103% 108% 913 91% 97% 107 10635 1063 109 109 109 11856 1189 11884 10834 10834 10834 WY 9l Ve 10834 108)5 108}5 106 108 108 sexas Corp3%s ‘61— w* 10236 10234 D. C, TUESDAY, MAY 11, 1937 DALY OIL OUTPUT OFF 1,606 BARRELS Oklahoma Cuts Production, While Texas Boosts Week’s Average. By the Assoctated Press. TULSA, Okla., May 11.—Production of crude oil in the United States de- creased 1,608 barrels daily during the week ending May 8 to s total of 3,496,087, the Oil and Gas Journal re- ported today. Oklahoma had a decrease of 25,450 to an average of 645,150 barrels daily, East Texas increased 699 to 464,947 and the all of Texas increased 2,907 to 1,394,839, Louisiana increased 765 barrels to 252,740 barrels daily, California went up 18,100 to 640,500 and Kansas showed a drop of 12,125 to an average of 186,325. The average of Eastern States, in- cluding Michigan, was 163,058 barrels daily, which was an increase of 1,892 and production in the Rocky Mountain States declined 110 to 72,530. Washington Produce rints, 36: score, 1= 92 score, l~pound tub, 3 eBound ‘pribia: *'38; BUTTER— 4-pound prints, 37 Dound prints, 3 MEA‘[S——ChoAu beef. 18 veal, ‘16: lam pore loi sliced " bacon, slab bacon, pound, 13%: lard. 14%. LIVE STOCK—Pigs. 9a9%; light h 9'zaf%: medium. 10: heavies, 8l2ap% roughs. ‘6a: calves. 5%afls Prices paid shippers. net. b. Wash- tngton. - By bite Unitea "States Burean o Agricuitural Economics. BGGS—Market barely steady. _(Net prices paid shippers, {. 0. b. Washin#ton): : hennery whites. Current receipts. 18181 19-20: Government graded and dated white ‘eggs. U. S. extras. large, 23; fxuns mediums. J9'ai U 8. standards, arge. 201 EHVE "POULTRY —Market steady on all classes. Fowl. colored. heavy. 19 Les 4-15: chickens. Rotks Leghorns. 2 pound: pounds. 17-1" old_suineas, each: “Turkeys. old hens. 17-18; old 14-15, calves, frozen 28; com- 16; Fruits and Vegetables, Sales in large lots by original receivers up o R a.m. toda: APP No “Carlot _arrivals: Do cars Supplies moderate; demand Maryland. Vir- o West Virginia, yinesaps. on track moderate ginla bu: market steady. Peénusylvania and. baskef S¢-inch ‘minimum. overripe. “ia-inch mini- n. faney i ancy. 160s. D No - Tigs. > STRAWBERRIES —one Louistana by ex- press arrived Monday May no_cars on irack. Approximately 13h0 crates Nertn Carolina by truck arrived: some truck and express receipts late. Supplies liberal: demand moderate: market steady. Tw ty four-quart crates’ various varieties, 4.50; few high 00 oSty 3 50-4.007 fair ‘condition. 00" Norfolk” section Virginia_4 00 ASPARAGUSZ"No "catlot arrivals: mno cars on track. Truck receipts moderate: supplies moderate: demand light Pyramid _crates, 2 00: fancy, fair ‘quality. Colossal. 2.00-2. Delaware, "New ~Jersey, fancy. 2.00. CABBAGE—No carlot arrival on track Truck recel, plies moderate: deman steady. South Carolina. pers. pointed type. 'packed *locally, best, 25-1.35: small size, 1.00-1.10 CARROTS—No carlot arrivals: two bro. ken cars on track. Supp :, market steady. e: moderate: marke 115-bushel ham- lies light; der P Calitornia, "cFates. carlot arriva Supplies moa-me market steady. Florida. lu green.’ ripes and turning. wrappes 6x6 and larer. 2.50-3.00: few higher; 6x7, 2.00-2.50: poorer. all sizes. I LERY—One " Florid 3 broken and three unbroken cars on track. Correct Monday's track to read four bro- ken and two unbroken cars on track. Sup. plies moderate: demand slow: market steady. | Florida, Individually washed: 10- inch crates and 16-inch crates, wire bound, 710 dozen. 1.75-2.00; few.’ 2.25; XXs, BOSTON WOOL MARKET. BOSTON. May 11 (# (United States Department of Agriculture) —Fleece wools in today's market continued the easing tendency that marked the price trend last wee Country lots of Ohio and Michigan fleeces, three-eighths and quarter blood grades. combing and packed together cents in t| houses asked clothing were offered to se delivered East. A few 0 44 cents for such lots. Fiere was “iittie demmand cven st \the lowest of these auotations. Some houses offered graded combing Ohio medium at 3 to 45 cents in the grease for three- ;;nngu and 42 to 44 cents for quarter — RUBBER FUTURES. NEW YORK May 11 (f).—Crade rubber futures ovened steady. 5 to 12 higher. May. unquoted; July. 21 70%73;" geptem: er. 21.82 CORN GRIND INCREASES. NEW YORK, May 11 (#).—A corn grind of 7,180,828 bushels in April for products going into domestic use was reported by Corn Industries Re- search Foundation. This compared with 6,218,669 in March and 6,001,154 in April, 1936. The figures cover 11 refineries of starches, sirups and other corn products. NEW YORK BAR SILVER. NEW YORK, May 11 (#)—Bar silver steady and unchanged at 45. High. Low, Closs. 103%4 10814 103%4 108 103 103 (L] Texas & Pac 68'77 B__ Texas & Pac 58’80 D__ Third Av ref ¢s 60 Third A ad in ex 6u’66 Tide Water O 3%s'62 Tol & Ohto C 8% s 80 Tri-Contl Corp 68 ‘63 . UnEIL&Pts'67 . UnEIL&Pb6%s 64 Un Ofl of Cal 8348 ‘53 Un Pac 3%s 71 Un Pao 18t 48 47 = Un Pac 1st rf 48 2008 _ Un Pac 1st rf 55 2008 United Drug 6853 U S Rubber 68 47_.__. Utah P& L 68 "44 . Ul P&L 6869 ww__. UHIP&LE%S 47 . Va E& P 1st ref 48'55_ Va Ir C&C 1at 5849 VaRy 1st3%s'68 A__ Va S W1st 552003 .. Va8 Wconbs'58 . Wabash 1st 68 '8y 10214 10234 10234 117 11634 116% 1063 106 105 1033 10834 1033 ot 965 9534 9blg 11234 1123 11235 1063 104% 105 1163 11836 1163 100 994 993 107 108% 1063 1013 101 10134 804 60 80 5015 80§ 803 1073 107 107% 88 88 b8 10434 10436 10484 108 108 108 26} 96 96 9k 4% 9y 835 88 83 I 38 38 10436 10 35 104% Walworth ¢s 56 Walworth 6s °56 n. Warner Bros ov 6839, Warner-Quin 69’39 __ West Penn P3%s WPaP4s'61H - 923 w25 emg 10434 10434 1063 101 107 107 102 102 102 1023 1013 10136 - 101 993 99% 10036 10034 10034 10254 108% 1028 82 sl sy 1003¢ 10034 1004 West'n Md 1st 4 West'n MA 534877 . West'n Un 43%s 50 West'n Un 68 60 Whee) Steel 438 ‘53 White Sew M 63 ¢0 _ Wilkes B&E 18t 5843 Wilson & Co ¢s ‘56 | approximately $104,500,000,000 of life INSURANGE WEEK 10 BE OBSERVE One Out of Every Two Per- sons in Nation Directly Interested. BY J. G. DONLEY. Special Dispatch to The Star. NEW YORK, May 11.—Another one of those “weeks” is being ushered in. But this particular week is something more than just another observance period, for it will interest directly one out of every two persons in the United States, and, directly, just about every man, woman and child. The ffth national life insurance week will start next Monday. Plans are now pretty well laid by the Execu- tive Committee, under the national chairmanship of George L. Hunt, vice president of the New England Mutual Life Insurance Co. of Boston, and the subcommittee, under the national chairmanship of Cyrus T. Steven, director of advertising, the Phoenix Mutual Life Insurance Co., Hartford, Conn. We seid one out of every two persons is directly interested, and that is just another way of saying that there are now about 64,000,000 life insurance policyholders in the United States. At the beginning of the present century, 37 years ago, only one person out of about every eight was a holder of life insurance. High Spots Recalled. Life insurance has grown so fast that a statement of the high spots is always interesting, and almost in- credible, While the ratio of policy- holders to total population has been going up from one-eighth to one-half since 1900, our population has in- creased nearly 70 per cent. During the last few years we have come to look upon 1929 as the never-never land of insurmountable, all-time peaks, but, at the end of 1936, the insurance in force was nearly a mllkml dollars above the aggregate at the end of 1929. In the last 11 years there has been a gain of 50 per cent in the amount of life insurance in force. Since 1915 the total has been multiplied over four and one-half times and at the end of last year it stood at almost | exactly eight times what it was in| 1905. More Women Insured. The growing economic independence of women and their invasion of the business world, with more varied careers and greater earning power, are clearly reflected in their owner- ship of policies. Not much more than 20 years ago it was estimated that only about 3 per cent of the total number of policyholders were women. Today life insurance com- panies report that the number of new policies issued to women is run- ning as high as 26 per cent of the total, or slightly more than one out of every four. The best insured natfon in the worid is the United States. For, with only 7 per cent of the world's population, we own 70 per cent of the world’s life insurance. Comprehension of a billion dollars for the average person is limited to a string of nine naughts. As a sum of money, it is as fanciful as the astron- omer’s “light year.” But we get some idea of what the aggregate invest- ments of the life insurance companies mean when a little figuring shows that their total holdings of real estate mortgages are enough to build 20 cities with 35,000 homes each. Rail Investments Heavy. Their combined investments in rail- road securities involve enough money to put 10 streamlined trains on every thousand miles of track in the United States. Their total public utility in- vestment is equal to nearly $1.25 for every dollar of revenues collected by all the electric light and power con- cerns in the country in 1936. Schools to accommodate 8,000,000 children could be built with the money the life insurance companies have invested in public bonds. And that will give you an idea of | the stake which policyholders have in the protection of the principal and earning power of such investments. Turning in checks for premiums is not a pleasant pastime, but the pay- ing-out end of the insurance business is compensatory in a measure seldom | realized. Fully a quarter of a mil- lion dollars, for instance, was paid out every hour of 1936, counting Sundays and holideys, and 61 cents out of every dollar of that money was paid to liv- ing policyholders—which knocks for a loop the old notion that with life insurance “you have to die to win.” It is estimated that 20,000,000 persons directly benefited by such payments. (Copyright. 1937.) FOREIGN MARKETS. LONDON. May 11 (#.—Renewed weak- ness developed in today's stock market under large liquidating_sales by local and continental operators. Industrials, oils and mining stocks sold Jower, with the tobacco, armament and shipping groups in supply. Trans-Atlantics. home rails and foreign bonds were also heavy. Gilt-edged se- curities remained aulet. —The Bourse closed with a hel“( tone e _RriGe Dovavemtat Wers e Wis Cent 18t gD 4849 WisClstgn és t. Y'ngstn S&T 4861 2834 273 28 263 2036 263 QIK 10t 101 rentes finished 20 centimes lower to 15 higher. Roval Duteh declined, 65 francs and Buez 0 francs down. Bank Of Prance issues moved 20 francs Righer. FINANCIAL Domestic Copper Consumption Hits Peak Since 1929 By the Assocluted Press. NEW YORK, May 11.—Domestic consumption of copper in the first quarter totaled about 224,000 toas, the highest of any quarter since 1929, the American Bureau of Metal Sta- tistics reported today. For the final quarter of 1936 con- sumption smounted to 211,400 tons and for the first three months of 1936 1t was 159,500 tons. The bureau estimated world pro- duction of gold in first quarter at 8,924,000 fine ounces, compared with 9,096,000 fine ounces in last quarter of 1936. World silver production for the first quarter was placed at 43,689,000 fine ounces, against 46,982,000 ounces in final three months of 1936. United States production amounted to 27,- 011,000 ounces. Figures for Mexico were not included in world totals, FREIGHT LOADINGS. NEW YORK. May 11 (@) freight carloadings on Iailroads reporting today for the week guded May 8 included: Atchison B. & O Birlington Bou. Pacific. M MONTREAL SILVER. ONTREAL May 11 P—Siver, fu- tures opened iower. * Ma 44,85 éx Uiy 44580 mebtemmer. 447480 Safe Investments First mortgage notes, 6% 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 40 Years INSURANCE THE PROPER kind ond emount of insurance is vital for FULL PROTECTION OUR Insurance Department has the facilities for cover- ing aoll types of risks, ex- cept life We would be glad to discuss with you vour Insurance problems. Burglary—Windstorm—Fire Furs and Jewelry Tourists’ Baggage Liability (all types) Plate Glass—Automobile Workman’s Compensation Randall H. Hagner & Co., Incorporated Real Estate—Loans—Insurance 1321 Conn. Ave N.W. DE. 3600 and low or moderately FENNER Southern Bldg, 15th and NOTES That Are Perfectly in Tune With the scale * and neagby Marylend. —inquire today! Ludlow Manufacturing Co.—De- clared a dividend of $2 a share, pay- able June 1. Similar amount was paid on March 1, 1937, First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 1505 H St. N.W. —Revenue | SOUND INVESTMENT FIRST MORTGAGE NOTES HERE are first mortgage notes that raise in investment values—steady income plus investment soundness guaranteed by new properties in the District of Columbia B. & 0. VETERANS TO MEET, BALTIMORE, May 11 (Special). The Grand Lodge of the Baltimore & Ohio Veteran Employes’ Association and of the Ladies’ Auxiliary of the organization will hold their annual meeting Priday and Saturday at the, Rennert Hotel here. Money for Construction Loans - an Loans on Existing Properties FIRST DEED 0: TRUST ONLY GEORGE1.BORGER 643 Indiana Ave. N.W. Nat’l 0350 WASHINGTON GAS LIGHT COMPANY Mortsage and Deed of Trust dated January 1933. Washington Gas Light Company hereby gives notics PRt pursuant to t Proyisions of ARTICLE LE XIT of Washing mpany Mortgage and Trust” dated January 1, 4907 Deed 0 ::non:g Bank of Wa: hm{\‘ en appointe: Light Compan, as the sion ‘to ¢ Vay % f'?' EoN Gag LIGHTESOV[PANY BASEARCR 1937 Sist Year of Progress t PORTABLE > TYPEWRITERS S'I" OCKETT: KE rnonucmo STATIONERS | DIDE ST ‘N -W | pecialists for Business Records® and Equipment SAFES Walmfl'TaylorCalnc MILLS BLDG. MEtro.5846 Amonrtized L01.\N S 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 SECURITY VAN | Savings & Commercial’ BANK Two Convenient Branches: Sth & G 1518 K Sts. N.W. St. N.W. Member Federal Depostt Insurance Corporation For Investors Who Buy Out of Income Because such investments are usually in small amounts, the price of the securities to be purchased is important, riced stocks may be the mos<* suitable. Several hund.reg activestockslisted onthe New York Stock Exchange are arranged by price brackets, and classified as to industry, with useful dau on earn- ings in a new booklet—“Price Groups.” will be sent upon request to accredited individuals. A copy & BEANE Members New York Stock Exchange and other leading Exchanges H Sts. N.W. National 7000. *x * % 5 2% * Opportunity is limited Y In Denominations From $250 Up * SHANNON & LUCHS Members of the Washington Real Estate Board NAtional 2345 Realtors cgéod Ze‘cm CONSTRUCTION LOANS in District of Columbia or nearby Maryland SIX MONTHS TO ONE YEAR INTEREST COMMISSION 1% 5% Upon completion of buildings, these loans may be extended on one of several long term monthly payment plans; or for three or five years, without curtails; interest semi-annually. H. L. RusT 1001 FIFTEENTH STREET 925 15th Stree, Natl 2100 2 Company NATIONAL 8100