Evening Star Newspaper, May 12, 1937, Page 17

bLNANClAL. 1. BONDS EASE AS VOLUME LAGS Losses Run to as Much as 8-32 of Point—Other Groups Uneven. Bond Averages 10 mm tndlet. Ol Peh, Net change_ 1Unc. —2 +.1 Today, close 93.9 103.3 988 171.3 Prev. day... 94.0103.3 99.0 71.2 Month ago. 93.8102.6 99.6 71.3 Year ago._.. 91.3102.3101.3 68.9 1937 high__. 99.0104.4102.8 74.7 1937 low... 92.6102.4 98.7 70.5 98.2104.4103.1 1938 low... 86.9101.8 99.3 67.6 1932 low... 458 400 64.6 42.2 1928 high_..101.1 98.9102.9 100.5 10 Low-Yield Bonds. Close . 110.2 Prev. day. 110.1 Month ago 108.8 Year ago.111.5 1937 high_ 113.7 1937 low.. 108.4 1936 bigh_ 1135 1936 low.. 110.2 1928 high_ 1044 1932 low_. 86.8 1936 high. 3.0 (Complled by the Associated Press.) By the Assoctated Press. NEW YORK, May 12.—United States Government loans slipped a cog to- day in a quiet mixed bond market. Losses in the Federal list ran to as much as 8-32ds of a point in late trading. Liquidation appeared to have been influenced by reports of Treagury preparations for June financing, off- setting further economy moves in Congress. In contrast, top-grade corporate bonds for the most part more than held their own, with such issues as American Telephone 3s, Santa Fe general 4s and Northern Pacific 4s up fractionally. Ralls on the whole were outstand- ing on the advance as sustained oper- ations in heavy industries plus indica« tions of a larger crop haul turned the spotlight on the carrier group. Great Northern 4s ran up more than 2 in sympathy with strength in some rail shares. Minor losses were recorded in Amer- ican Water Works 6s, Goodyear 5s, International Paper 5s. North Amer- ican 5s and Texas Corp. 3'as A rise of nearly 2 points in Uruguay | 6s contrasted with restricted action in | most foreign issues. DIVIDENDS ANNOUNCED NEW YORK. May 12 —Dividends de- elared (prepared by the Standard Sta- tistics Corp.): Extra. Pe- Stock of Pay: Rate riod. record. abie. Great A & P 5c 514 6-1 Tubize Ohlumun $7 “cv Y i = $150 . 6-10 7-1 Resumed. Boule Mills __ $1 57 5-15 Regular. Am Dock &7 pf 3 El Sec pte of AT Pl Congoleum-Nairn Great A & B Tea Kerr Lake Mines New Bedf'd Cordage. North Penn'R R Prosperity 5% pf Baraer Hydro-Electric L i Ba-mor Hydro- !lecmc1 = pf 5 Cook’ Paini & Varn__i5c EI Pago Natl Gas 400 P Nat Gs 77 pL § ol Miming Intertype Corp 87 pf Intertype Corp 2d pf_ ey C s Mich St Tube"__ Tilo Ro NEW YORK BANK STOCKS YORK. May 12 (® —New York Becurity Dealers’ Association (Quotations as of 2 o clock.) Bank of Manhattan (1) Bankers Tr (2 Cen Han Bk & Tr (1) Chase National (140) Chem Bk & Tr (1.80) Commercial Cont Bk & Tr Corn Ex Bk & T (1) Empire Tr (1) s First Nat (Bos) (2) First National (100) Guaranty Tr (12 Irving Trust Afl{h Manufacturers Tr_ (2 Manuf'ts Tr pf (2) National City (1) N Y Trust (5) 147 FEDERAL LAND BANKS NEW YORK. May 12 (¥).—Federal Land Bank bonds 4las Nov. = 4145 May. 2 4s° May. IIIIIIC 1023 103% 45 No Z 10710 1013% 43 E 2100 Y 106 Blas My = D102t 10213 2172 10038 101 1003y 101 10034 101 CHICAGO PRODUCE. CHICAGO. May 12 (7.—Poultry. live 43 trucks: hens sieady. chickens firm hens. over 5 pounds. 1:: 5 pounds and less. 1R; Leghorn hens. y&i drvers, colored. Plymouth and White Rock. 26 brodm Colored Plvmouth and Whiie ock. RhOl’l\ “20. bareback chickens. '_'na 2. Sprmg( colore 3. White Rock. Plymouth Rock. roosters. 1 Leghorn_roosters. 11'2: turkeys. hens. 17} toms. 15: No. 2 turkeys 14: ducks, white and ‘colored. "47; pounds up. 16 small, 14; geese. 11 Butter, 10.781: weak, Creamery: Spe- cials (93 score). extras (42, 8012 extra_fir: (RR-RO), 271 tralized carlois). “6l4. Eggs e lea exira Brats. ocal- 551 fresh graded firsts. local. 19'. gurrent recelpts, 10 siorage nnrkgd e storage packed firsts, 213 Potatoes. H3; on (rack shipments. 876. Old stock: slightly weaker. other stock steady: plies moderate demand fair: sacked. m;r fotal U S. Maine stock ewt.. Idaho. Russet Burbanks mostly 2.60a70: baker_size Green Mountains. U, S. No. 1 5 8. commercial. 2.10: Wisconsin round Uhites nciassified. 1.70aR0. Michigan. Russet Rurals. fair auality. 1.95. New stock: _Supplies moderate: best auality, 7a-inch “minimum “steady: demand toir sl Sinch ‘minimum weak demand i 193:nch min- R A T um. a Bllss Triumphs, L' S 'No_1 i‘fimar;rlm 4 liss Triumphs. . camor}uu Hhite Fose. U5, 50 U. S. TREASURY POSITION. By the Assoclated Press. The_position of lhe 'l;reuury on May ;" Receipts. _$25. 5.02; expendi- 3 "305 3754 Cbalance. SToRg 333351 gustoms receipts for trie mol;nh sm!b 74 0 fiscal year (since July expenditures. $6, BOSTON WOOL MARKET. TON. May 12 (P.—(United Btates ulmtn‘ of ‘Agriculture.)—Pressure to i!lr was apparent in medium-grade bright- jeece wools today. ' Offerings of countr D oaed Sn and 1e blood combine and (ot g lengths packed together were reported a1 prices as low as 40 to 41 cents mn the Srense delivered East. although this rane ¥as Jower than a number of houses were willing to consider for Ohio wools Bright Missouri medium-grade wools were ‘reported sold at 40 cents in. the Srease delivered Ess METAL MARKET. NEW YORK. May 12 (&P).—C steady; electrolytic spot and futire. TE00; t, 21 tin, - stead; and re. Les 6. !lsl 8t " S rend 8t. $Pot and futare” 628 Quiskaiivar, $506-08.00." Ariminum. “antimony - placl: ®um, wolframite and iron, unchanged. ’ . THE EVE NING STAR, WASHINGTON, WEDNESDAY BONDS ON N. Y. STOCK EXCHANGE By private wire dlncl to The Star. High. Low. Closs Bell T of Pa 65°60 C_. 128% 123% 12844 Approximate Traniactions Todsy. Beth g:";::: 6 1:::(' |;§u ot e (i ,‘,’,’ifi;’: e, S o000 | Bond Me4%s 61 80 80 803 Domestic Bonds._.” 6,660,000 | Bon & Mo bs 55 ::u v g8 T Boston NY A L 263 2685 TREASURY. Bot Con M 83 29 20 All time shown below Is daylisht saving | Bot Con M 615834 ct.. 20 21% on which the Exchan, ow operating. | Byiyn £d con 8% #66.. 1005 1003 100% High Low. Close. | Bkiyn Man T ¢%s 66. 53k 9235 8216 2348 1949-53 9722 918 WTI8 | g vh pAR RAMS 1083¢ 10455 10455 2% 81945-47. 1027 1025 1025 | pyion On Gas 6s 50 97 91 91 3%s1948-51 L o8, 1008 | BKIvn Un Ges 6x 57 B 105% 1068 106% 2Xm 1951:54 9928 014 VO.UL | Bikiyn Un G ref 68"47. 119% 11834 1184 2% 8 195669 9928 w1z 9912 | g g o T o T - L o Totsg 2%8 1950-60. 100.22 10014 100.18 | By op'mer Toi'en 62 88 . 88 88 381946-48 SglsgI0 b 1032° | Bush Termconss's5™ 60 60 60 38 1951-66 102,13 1027 102, B " 1 6 B8 1946-49_. 1065 1006 toay | BUSP T:"“ Bldg 82760 61} ¢! L 3%8 1949-62_ 108.31 103,29 108,29 ‘é::':;a s.o‘s’.?;;,.x E E.19 o Siem 1ot 1otte onan 1o82s | Can'dian N R «38 51 1125 112ss 11265 :;:: B 1o 10va> 100a% | Candtan N R 4108 -66. 11234 11254 11234 i 110,24 110,24 11024 |Can'dian N R €% 8°65_ 1143 114% 145§ 7 28 106.26 106,28 |Can‘dian N 6s'69 July 114% 114% 114% a3t LIN 1ee® o7 | Camaian N db 638745 1204 12034 12034 ) B¢ 2 Can'dian P db ¢s perp 9434 94 9 FEDERAL FARM MORTGAGE. Can‘dian Pac 43860 . 102} 102% 102 102.2¢ 102.24 102,24 | Can’dian Pac 6844 cta. 1133 113}5 1185 102.1 101.81 101.81 | Van'dian Pac 5s ‘54 1073 107 107Y% 102,24 102.20 102.20 |CaroCl& O 68°52 A__. 11084 1105 110% 3 Car & Gen 5. ‘50 ww__ 1034 103} 10834 HOME OWNERS' LOAN. Cent Br U P 4848 81 814 814 348 1942-44_ 99.14 99.12 9912 |Centof Gaconbs’'45.. 1% 30 80 Z 101 . § i 1ai1853 Cent Hud G&E 68 '57_. 1043 1083 104 FOREIGN BONDS. Cent [1l E& G 68°51__. 100% 100 100 men. Low. Close. | Cent of N J 48 '87 . B7% b67)% 574 Abitibi PagPw 68°63. 101% 1015 101% | Centof N J gen 63°87. 68 68 68 Agr Mtg Bk Col 63 Cent Pac 1st rf 4s°49_. 10774 10734 1074 *47 Febrcoupon on_. 24% 24% 24% Cenz. Pac 5s 60 99 % Akershus 6s 63 98 8 98 C‘erl ‘d deb 6, ‘48 Antioquia 78 45 A __. 14l l4}s 141 k;llellpccv 68 44 Antioquia 3d 78 57 13% 133 13'% | Chesap Corp b8 47 Antwerp 6s 5% 100% 100% 100%, fzhvl& O3%s 96 D o Argentine 4%s 71 s8l4 ¥8'« Yxly |Ches & O3%s 96 B 968 963, wAY Argent! %s 62 1005 100% 100% | C& O gen 438 92 18 Argentine 68 ‘57 A - 1014 1014 1ollg (‘&Ocon b8 ’9 - 107% Argentine 68’58 B - 1003 100 100% (171' & Altref 33 49 _ 674 B74% BTK Argentine 63 59 June. 10034 1005 1004 | Chi B & Q Ren 48 ‘68 __ 10834 1093 1093 Argentine 6s 59 Oct _ 10134 1013 101}y (?h‘ B&Ql aiv3,s49 . 106 106% 106 Argentine 68°60 May_ 102 101% 102 | Chi B& Q (11 dv 48°49. 10875 10974 109% Argentine 6s ‘60 Sept. 101!{ l“l:; :gl;; ::::: l:: IIII:EBI‘BBI . 88 37 87% Argenti ‘60 Oct_. 1013 101 1 ! £ s ‘51 ct 38 38 38 Argentine 6s ‘61 Febr_ 10075 10074 10074 | Chi & E 1] con 6s'34__ 101} 1013 101% Argentine 6861 May_ 102 102 102 |ChiGrt West4n'69 _ 45 a4} adig Australia 4%s 56, 10134 10134 1014 | Chi Ind & L zen 68 '66. 1834 1814 Australia 68°65_____. 10734 1073 1075 CM&StP ¢n 33,8 '89 B. 621 b2ig Australia a'67_____. 107 10654 107 | CMStP4s f;, ] Belgium 68 55 10814 1081 1083 BN 438 65 ey Belsium 78 ‘65 1735 117% Lk | CMEStP4%s'89E___ 65 65 Berlin 634860 1975 19% 197 | CM&StP 4%8°89_ 66 66 Berlin Elec 6 %8 215821 21 g CMASE EDRiTS Brazil 6%s '26-'67 3634 3614 3639 | CM&StP&P ad)y % Brazil 7862 8l 88 38 Brazl 8s 41_ 4635 46 463 g::t m 4% 28 28l¢ Brisbane 6857 101 100 o1 | Ch Meas ey sy Brisbane 53 ‘58 00 100 10 g&'\&wf"x I‘fwensf: R:ZG' :;2 :;:: Budapest 6s ‘62 - unmat coupon op 80} 30 30y | Ch! R I&P rf 48 I 2L 20N Buenos A C 6560 Oct_ 102 10134 1013 | Ch1 R [&P gen 4s°88 _ 3785 37 Buenos A C3s'84.___ 6134 613y 67% g:; S ::;’ ::; %‘;"- ;:h 18 Buenos Al 2 PR 275 7675 6% | Chi R I&P 4%5m 52 ctf. 18 18 Buenos A 41876 Aug 7l 7% 174 | 823 {inlgg‘;g‘-' GfiU! - 'gl.‘ 2 Buenos Afr | S uf."_‘q., 76 April . 77% 737 71% | Chi& W Incon 48’62 1035 108 Bue Al 4% m-4%8°75__ 803 0l ROy Clhll-; \lend !nn 62 ll\l:x 1013 Buenos A C§%a’65 . 101 101 101 |CInUn Ter 338 Dgtd 1034 103 Bue A C 6348 'FIstPv_. 854 858 8584 Eg*cl&’:“"fl :s;f:':j;‘— 13;)6 1:9’:’- Camada 31,861 936 9944 Y94 | CORAST Lot 4% e TTE 98" aet Canada 4560 _ 10734 10739 1073 CCC&St L ref 6s ‘63 D Canada £s 52 112 | CCC&SIL StLdv 4200 59 89 Chile 63 '60 2 L | clev B M1 33,8 65 1073 1078 Chile 6861 Jan_ 21 e 21 R i D e Chile 63 '61 Febr. 21 21 21 Clev Un Term 4 Chile 63 61 Sept. AL O e e 2 Chileosdet Is 5hi; ah;[ClevUnTerb5%4s“12A 110 109%; eilnia2 o8 20 % | Colo Fuel&Iron 5843 1043 10434 Chilean Mun L 7 o 16 Ao i REE SRl Tt Chile Mte Bk 68 62.0 18 185 183 | SO0 Fuel G e Col Mtg Bk s * 2% 224 2% C)inhin G & E deb ¥ S Ool MERIBETS 4 6952 April —-- 1023 1022, CO“;“"“E““ 52 4| Columhia G & E 68 Cordobuirs ¢ ”““d Tl L4l 52 May _—. 10315 10334 103% ‘or 05)'1 s'57 stpd... e ‘.6“ L(" Columbia G&E 5s '61 10134 10114 101%% Cubsishaaits 5% 5| Colum Ry P&L 4s°65 106 105 106 Denmark 4135 62 98 Y72 9B | Comc! Credit3is'51. 8l 98 981« Denmark 5138 '55 102 101% 101% | Com Inv Tr 31%s'51 1018 1018 10134 Denmark 6s 42 1063 1051¢ 1084 | Conn R&L 415851 stp 105%; 105% 1053, Domintc 1st 515540 _ 72% 77% | Conn Riv Pw 3%8'61A 1063 )05 105 Dominic 51,3'61 ext__ 781x 7844 784 | Cons Coal Del bs 60 70 | Dominic 2d 61s 40 _. 78l 784 78y Cons EA NY 3% s 46n._ « 104%; French Gov 7%;8 41_.. 115}4 115}5 115% ’(J‘nnl(faos“NaY 4%s°51_ 107 Ger C Bk A 6838 . 4280 4p [ g2i i ConRol %8 '51.. 1ot Ger C BK A 7s 50 47" 41 47 |RonaPwr3ie-70 1013 Ger Gen Elec 63748 . 34 84y 34y | O 1sum P un 3348 65 108 Ger Gen Elec 7s'45___. 30% 30% 30 c"";““‘ P:‘:;‘H‘gfi 105% e Ol S LT TG e e D R Yoos er 4 ty Ban ~ o . = ' Fisid ConAR 6%8'55 __ 20 27 29 |Cuba Northn53s’42 51 Ger Rep 78'49 stpd . 29%; 29}y 2934 | Del & Hud ref 4543 0y GrtCElJap6%s'50__ 95 95 95 DelP&Lik%s 1l 5 1053 Grt CEl Jap 7s ‘44 58§ S n& RGconas'38 _ 28y 1% Greek Gov 6868 ll?,en & RGW 6s’55asst. 164 16 16% Hamburg St 65'46 et Fdison 3% 8 66 104 ol Detrott EA 43 '65 F 109% HungLM7%s'61A_. 20 24 2¢ |Detrolf B 4s'60 S s Italy 78 51 e %) Det River Tun 44’61 113 113 118 Ital P U Crd 7s 62 | Duquesne Lt 3158°56_ 104 104 104} Japan 6%s '65.___ | E Tenn lien 5538 102 102 Japan f%s A3 | Flec Auto Lite 48°52 . 1087 108% 108%; Jugos Mtg Bk 7857 | El Paso Nat G4%#'51_ 108 103 103 unmat coupon o D! 40 40 Eriecv 4853 A 86 88 Karstfs'43 ct st prin_. 12 12 12 Erie gen 43 96 _ £31¢ 83y Kreug&Toll 5s 5y cts. 501 45% B0y | Erieref 6s 67 803 81 “10-45 Frie ref 5575 R0 80 Meziziiha H M 8 brie g Jersev 6a’ g 1 Mex 4854 asst - 6% 6l 64| Falrbks Morse 4s 56 1015 1019 Milan 6%s 52 78); 733 133 | Fed L&Tr int 5542 10244 1024 MinasGers 6%s '59 Fla EC Ry 6874 18% 13% Septcouponon__._. 26% 26% 26% | Gen Mot Acc 3846 __. 1024 10214 10244 Norway 4863 97% 9134 9734 | Gen Mot Ams 3348 51 1001 10034 10035 Norway * 1865 10173 101% 1014 | Gen Stl1 Cast 6% s *49__ 8615 86 86 Norway 6843 _ 106% 10834 106% | Goodrich 4% 8'56 99%¢ Norw Hy E15%8°57_. 103 103 103 | Goodrich 6s'45_ 108 o i Goodyear T&R 58 ‘67 1043 1043 e U 9 9M S| Gi Northn Ry SK#'6T. 93% o1ty oty P:n"en.*s; Bt as fg 87 67 |GreatN Ry ¢s 46G... 1363 13835 18834 Peaet iy — 19§ la% 1o |3reatN Ry 4s 46 B 109 109 1093 Poland 68 40rmmmmeees 47" 17 o) | GrtN Ry refeys 614 11185 111% 1113 e sl |GrtNRren4ua1TE 108 108)5 1081 Teimesino 1| GrtNRgen68'73C__ 111 1108 110% 45141 Gre NRS%s 62 B..__ 118 11736 1173 Queensland 6847 1098 1098 109%; | Green Bay 5362 B___. 11% 11% 11y Queensland 78 *41 109% 109% 109% Hoe (R) 1st mts 44._. 91 o1 91 Rhinelbe Un7s 46— 27 27 27 | Houston Ofl 5%s"40__ 102 10214 10234 Riode Jan 6158 63 Hudson Coal 68 ‘52 AT Ty a1y AU Soupon off--—-- 244§ 2035 20}4| Hud & Maninc 5s'57_. 30% 30) 803 0 de Jan 88 (11 Bell Tel 338’70 4 10434 1043 i e aponio R S 28R By Geniticnn trtn 52 ¢ e e DISLEOIRn1es) » oerc | 11 Cent col tr 4853 813 813 June coupon off 6% 26% | [1] Cent ref 48 ‘65 864 8634 e oEuiates 263 261, | 1 Cent 4%n 66 1 RICIG ee 6% | [11 Cent W L 18t 45°51. 8% 98% 98% iie 62 ICC&SIL N 0434 78 June couvon oft ___. 2644 2614 2684 | |CCRSHL N Oeame s Rio Gr do Sul 8546 Inland Sl 3% 61 Apri] coupon oft nym @ doett e e o Rome 63 '52 % 7 e dobie Rumania 7s '59 % 3 36 Sao Paulo St 6863 July coupon off ____ 251 265 25% 3 Sao Paulo St 8s ‘36 BTy r— July couponoff ... 87 387 371 Interlake 63 ‘61 . Sao Paulo St 88 '50 Int Agr cl 68°42 atp___ 10034 10034 1003 July couponoff____. 81 8034 8034 (nt Grt Nr 68’5 Serbs 7862 unmco_.. 2814 281 283 | Int Grt Nr 6852 Styriaijsi46- 9% 953 9834 | Int Grt Nradj 6a'62 A Tokio EL Ltd 65’63 __ "78% 784 78% | Int Hydro Elec 68 ‘44 763 6% T84 UnStIWks6%s'51A. 26 26 26 |(ntMer Marine6s'41_ 80 80 80 Uruguay 6s 60 Z 68 67 675 |Int Pap lst 6a 47A_ 101 DAy &8 o o oty et By e 133 8% nons ruj s Lol s it 3 0 e ARG B b el 9614 VeneanMGB1s52. 80 80 80 |invmavoviits 39.. 83 it 8250 Westohal El Pw 68°63 2034 203 2014 | Int T&T 4348 ‘62 6614 66 6574 Wuerttemberg 7s’56_. 15% 19% 19| Int T&T 63 65 69 6815 68y £ towa Cent 1st&rf4n’5l. 8% 8 8% DOMESTIC BONDS. James F & C 48 39 98 96 96 Ao g;;’:,;'u Aok 10575 10134 | Jones&L Sti ¢ % w'61A- 1025 1025 10235 Allog Corp 6544 Kans C F S&M 48°36 . 65% 653 56% ATleE Corpits do 93 | KanCFS&M re4s'36ct. 66 b2 b2 Alleg Corp 8 ‘50 m,__ 63% 63 3 |KansCBolst3s 60 _ 87} 871 87 Allled Sto 98Y 97) 97| Kans City Soref 68 '50 904 903 903 2Lk oS % Ranc, 10734 1071 Am & For Pw 68 zoao 8134 81 81 n C Term 1st 48 1075 1073 10736 Am Int] 6% '49 Am 1GCh 63 Am Tel & Tel 3%8°61. Am Tel & Tel 338 '66. AmT&TE%s 43____ 10634 10835 10584 108% 1063 1083 981 97 98)4 9% 96 9134 1125 11236 1123 AmMT&T4%8'39.___ 106 106 106 Am Wat Wks 6. 105 10434 104% Anaconda deb 438 °50 108% 1063 105% Armour &Co Del 48 67 97% 97 9734 Armour(Del)1st 48°56. 98 97y 973 A T&S Fe ad) 48°95 st. 1043 1043 10435 A T&S Fe gen 95 . 110 10934 10935 A T&SFegn4s'd5rg. 106 106 105 AT&SFeCA4%s8'62 112 112 112 A T&S Fe TSCL 4s 58 111% 110% 110% Atl Coast L 18t 48°62_ 103% 103 1034 AtlCoast Lclt 4s 62.. 9435 93% sy AtIC L un4%s 6. 94 9285 92y Atl Coast Line 6845 _ 1043 104 104 Atlantic & D 1st4s 48 62}4 bl3§ b1l iAtlantlc& D2d4s’8. €4 a4 4t At1G & W 168°69 % % B&OIstds 43 ______ B&O ¢%8°60 . B&O1st 6s'48_ 1063 106% 106% g7 ki - 1143 1046 114 Balto & O ref 58’95 A. 87 86% 87 B&OG6s'96F ______ 8 86 86 B&Oref 682000 D___ 86 85)" 8815 B&Oref6s'95C. 995§ 993 993 B&OPLE&W V 45'41 106 10834 1083 B & O Swn 6850 10436 104 1043¢ Bang & Aroos cv . 10434 10434 10434 Kans G &E43%s'80___. 104} 104} 10435 LacledeGasbts‘39__.. 92 92 92 Laclede G 6%8°'63C_. 60} 60 60 Laclede G 53%s°'60D__ 60 60 60 Lake S&M S03%8°97. 100% 100§ 10035 Lautaro Nitrate 19758 84} 84 343§ Leh Val Har 68 64___. 10234 1023 102% Leh CEN 4148 64 A___ 9615 96} 9614 LV NY ¢%8°40 gtd. 10234 102} 102} Leh V P con 48 3003 61 605 603 Leh V Pcon 4348 2003. 643§ 64}§ 64lg Lex & E Ry 68’65 1184 11835 1183 Ligg & Myers 68°61__. 120 120 120 Lige & Myers 7s 129% 129% 129% 46 H8Y, YBY 98y Long Isld ref 4s’¢9 stp 108 10235 103 Lorillard 68 55 _ us 118 18 Lortliard 7s 44 128 12735 128 La & Ark 6869 94y 983 vk Py 9l 91y 9914 9815 981 L & N unif 48 40_ 10834 10834 10634 L&NGS2003B ... 108 108 108 McKess&Rob 5%8°60_. 104 108}§ 103% 6 64 TR 3} 3814 38} Marion 8t Shov 6s°47_ 98 98 Market St Ry 78 ‘40 A. 100 99 100 Mead (‘o 6846 1043 1043 1043 - 10734 10736 10T 1023 102 102 | PennO & D4%s 7. | Penn P&L 4%4s 81 High. Low. Close. MIIER&SLrf6s'T1. Mil 8pa& N W Minn & St L 65 '62 A _. MStP&SSM cn ¢s°38_. MStP&SSM 5% Mo Paoc ¢s 15 Mo Pac 6865 A______. Mo Pacbs 17 F-____L_ Mo Pac Bl ‘18 G M Mo Pac 5%. 9A . o — Mob & Ohio 4%s'77_ Mob & Ohio 6338 Mob & Oh M div 58'47 _. Monong Pub 8 4 0 Monong Pub 8 6s ‘6 Mont Cent 6s ‘37 Montana Pwr 3% s ‘6 Mont Tram bs 41 Morris&Essex 4%s ‘56 Morris&Essex bs ‘55 _ Nassau Elec 4861 gtd. Natl Dairy 3% #61ww. Natl RM 1st 48’51 asst. Natl RM 4s'77 asst___ Natl Steel 45656 New E T&T 1st 68°53_ New Jer P&L 43 New Orl P8 6863 A. New Orl Ter 1st 48 ‘53. New Orl T&M 6%s°64. NOT&M 5% s'64 B cfs_ N Y Central cv 3% 8’63 NY Central 3%s 97___ NY Central $%s*46___ NY Cent con 4898 NY Cent rf 4%8 20 NYCrf4%s2013 n_-. NY Cent rf 68 2013 NY Cent cv 65 44 NY CLSh3%s'98 NYC Mich C3%s 98 NYC&St L 1at 4837 N ¥ Chi & StL 45'46_ NYC&St L 4%8°78 NYC&St L 6%8 T4 A_. NYChl & St L 68°38 NY Dock 1st 4851 NY Dock 6s 38 NY kdison 3% 8s°65 D_ NY Edisref 3} s'66 NY L& W 18t ¢48°73. NY NH & H ¢s°56_. NY NH&H ¢s°57__... NYNH&H ¢%8°'67__. NY NH & Hel tr 6s'40. NYNH&Hcvén 48 NY O&W gen 4 NY O&W ref 4892 NY Steam 1st 6847 NY Tel gen 4%4s ‘39 NY Trap Rock 6s°46. NY Tr Rk 68 "46 stp_. NY W& B 4%y ‘46 Niag Falls P 3%s 68_. Niag L & O 5566 Niag Sh 6348 60 Norf So 1st ref 5s°61_. Norf & W 1st 4896 North Am Co 68 61 North Am Ed 6s ‘67 A_ North Am Ed 68 69 C_ North Am Ed b%s'63_ Nor'n Ohfo 18t 6545 __ Nor n Pac gen 33 2047_ Norn Pac 4897 Nor'n Pac 415 2047___ North Pac 6s 2047 C_... Nor'n Pac 6s 2047 D__. North Pac 68 2047.__ Ogden L C 48°43 Onio Edison 4 Ores W RR 45 Otis Steel 4138 " PacGas& E1 3% PacG & E3%s’61 PacG & E 48 64 Pac RR Mo 1st ¢8'38_. Pac T&T rf 34%s 66 B. Para Broadway 38 '56. Paramount Pic 68 '55 Park-Lx 6%s ‘53 ctfs_ tenn Co 48 63 Penn Dixfe C 68 41. Penn RR 3%s'52. benn RR3%s 70C__. Penn RR con 4s 48 ___. Penn RR 4%s 81 D___ Penn RR 4% 8°84_ Penn RR con 4%8 "6 Penn RR gn 448 66__ Penn RR deb 4 o= Penn RR gen 68 68 ___ People G L&C 68 °'43__. Peoria & E inc 4890 __ Pere Marq 1st 68 °56__. Phila B&W 4158’77 Phila B&W 4138 '81 Phila Co 63 67 Phila & R C&I 68 'll Phila & R C&1 6349 _. Philiopine Ry ¢s Pillsbury F1 M PCC&St L 4%8 77 C__ Port Gen El 4%s8 60__. Postal Tel & C b8 '51.. Pure Ofl 448 50 ww__ Reading Jer C 48°51 Reading R 413897 A_ Rem-R 51847 A ww_ Republic Stl 4343 50__ Republic Stl 438 6 Republic Stl 4% Republic Stl 6348 ‘54__ Revere Cop 448 56 RG W 1st ex fn 4s8°39_ R1A&L 18t 4%8°34__ Saguenay Pw4 % 5'66__ St L IM&S R&G 48°33. StJo Ry L T&P 5837, St L-S Fran 48 '60A___ St L-S F 4850 A ctfe_ StL-SFran4%s'78__ StL-SF 44878 cfat_. St L-S Fran 68’60 B__. St L-SF 68°60 Betfs.. StLSWgnrtbs’ St P M&M P ext 45°40. St P M&M ext 6843 43 Schulco 615 8°46 A stp.. Seabd A L ¢s°50 stp.._. Seabd A L ref 48 69 Seabd A L rf ¢8°59 cfs Seabd A L ad) s 49 Seabd A L 6s 46 A ___ Seand A L 68 45 ctfs__ Shell Un deb 3%s'51_ Silesian Am 7841 Skeily Ofl 48 '51 Socony Vac 3%s '50 South Bell T&T bs 4 Southn Cal Gas 4s°'65._ 8o Colo Pwr 6347 A__ South Nat G 4%s'61_ So Pac3%s 46 8o Pac Oreg 4% So Ry gen 48°56 A. S Bell Tel $%a 64 Spokane Int 6s*55 ___ Stand Ofl N J 3, Studebaker cv 68 45 Tenn EI Pw 6547 A. Term AsSt L 48 ‘53 r'exas Corp 3%s 51 Texas & Pac 58 71 B Texas & Pac 68 80 D . Tex & Pac 1st 68 2000_ Third Av ref ¢s 60 Third A ad in ex 68°66 Tide Water O 3% Tri-Contl Corp 58 '63.. Truax T C 6%s'43. UnEIL&PEs’S Un Pac33%s°'7 Un Pac 18t rf 48 2008 United Drug 6853 United Rys St L 48°34. U S Rubber 6s°¢7_____ Utah L& T 58°44 (A). Utll P &L 6869 ww... UHI P& L E%s 47 Vanadium cv 68 ¢1_ Ver Sug 18t 7542 ctfs_ Va E& P 18t ref 48'55 Va Ry 1st 3% Wabash 1st 58 ‘39 _ Wabash 2d 6s 39 Wabash 61%s 76 Walworth 48 55 Warner Bros cv 6 West Penn P 3148 66 W Sh 1st 48 2061 gtd.. West'n Md 1st West'n Un ¢%s '50 Westn Un cl tr 6 West'n Un 68’81 .. West'n Un §s Wheel Steel ¢ . 102 10234 10234 10234 ] 244 u% 86 185 10236 1023 10274 102% 10034 10034 iy w4l 1013 1013 895 8934 98 98 5L 51 10354 1033 8 3K 33§ 8% 106 1083 12034 120% 10634 10635 96 96 2 92 543 65 5214 63 10834 1083 9635 9% 10175 10134 9736 | 9734 895 89) 89y 89Y 9745 97N 106 108% [Tt 9034 90§ 10134 10134 10834 1033 8739 88 9934 9935 100 100 624 6214 61% 611§ 99% 100 995 9914 98 27 28 “y 6574 « 21 1075 107y 1074 107% 85 85 92 92 e 1 10234 102% 107 1073 1034 1033 2934 293 & 1164 1151 10834 103} 10334 103% 10334 104 1028 102% 5 (1% 104 104 98y 98 103 1033, § 10835 10834 1% 112 213 213 10435 104% 10635 10834 8% 903 94 9Th5 1023 1025 3 105} 106% 100 100 1003 1003 704 100%y 5 102 4 109 1064 101 109% ELEY 112 10615 1064 1185 118% 10955 10934 1015 1015 11615 1163 1173 1175 165 163 10214 102% 1183 1183 10875 108%5 9934 100% 205 3034 131 13% 263 263 1084 1083 10634 1068 693y 693y 254 265%4 11435 11435 98 98 10644 106%; 108%; 108% 162 162 11655 981§ 107 10844 165 91% 9734 11535 10334 72 22 103 103 101% 101% Ifllh 10134 81 28y 151 14k 9% 18% 18% 9884 zm 1634 14 9% 185 1814 ¥8% 69 6 98 98)4 104% 106 10584 1058 1033 1033 DROPIS REVEALED INPOWER OUTPUT Small Decrease Leaves Total 12.8 Per Cent Above Year Ago. BY the Associated Press. NEW YORK, May 12.—The Edison Electric Institute reported today pro- duction of electricity in the United States for the week ended May 8 to- taled 2,176,383,000 kilowatt hours. This was a decrease of 0.8 of 1 per cent from the previous week’s figure of 2,193,779,000 kilowatt hours, but an increase of 12.8 per cent over the total of 1,928,203,000 kilowatt hours in the same week a year ago. The decrease, which was contra- seasonal, brought down the Associated Press index*of electric power produc- tion for the same week, with 1929- 1930 taken as 100, to 118.1 from 118.9 the previous week. A year ago it stood at 107.9. The index is adjusted for seasonal and long-term trend. The range for recent years follows: 1937. 1936. 1935. 1934. 1933. High ___.119.0 119.8 1055 974 919 Low 1163 1020 941 919 802 The institute reported the following percentage increases in major geo- graphic regions: New England, 11.4; Middle Atlantic, 9.6; Central indus- trial, 15.5; West Central, 8.0; Southern States, 15.4; Rocky Mountain, 23.7; Pacific Coast, 4.0. Washington Produce BUTTER—9? score. 1-pound prints. 36; Ye-pound prints. 37: tub. 90 score. 1~ mgnd prints, 35; 38: tub, 3 5 Ye-pound print; 18: calves, 16: 24, fromen EATS—Choice beef, vearAn Tame 4; sliced bacon, pound. 14%a; 3 n, “28: s, LIVE STOCK—pigs. 910's: lis 015a9%: medium. 10: heavies, roughs. 6a9: calves. 5 h 5. iR X 5i2a0's Prices paid shipper. net. f. 0. b Wash- inzton. " By the United States Bureau of Agricuitural Economics EGGS_Marketsteady 1o prices paid shippers. {. 0. b. Washington Blfent Yeceipte, 1R-1K15. hennery whites J0-50 Government sraded and dated white ezgs U_B. extras. large, 2:: U. 6. extras, mediums, 10'2; U. 8. standards. large! 201, firm. (Net LIVE POULTRY--Market firm on chick- ens and steady on other classes. Fowl col- ored, heavy. 15-19 Leghorns, g 14- Chickens Rocks and Crosses. Leg. Rorms s o g ™, ey tha pounds. 17-18 _ Turkeys. old hens, 13-18; | old toms. ll-l.' Fruits and Vegetables. Sales in large I by original receivers up 1o K am. today APPLES—No carlo! arrivals: no cars on track pplies moderate: demand light: market steady Maryland Pennsyly Vireinia and West Virginia kets U S No. 1. Winesaps. a. Bushel bas- 4-inch min- um. 2 2! 234-inch min{mum. lw Newtowns, 2ls-inch m 75 21z-inch minimum. Scalded oyerripe all ‘sizex Paragons. “ig-inch minimum, 138 23,-inch’ minimum. 0 inch minimum 1 50 ‘Winesaps 11185, and 1 250 Tons, B0-R8ls nn"l u,}; Lowrys o st | fancy 0, 1445, 2 Winesaps ~ fancy. 160: b, Deliclous, | 50 PQTATOES—-Prevmusly unreported ar- rived Tuesday. one Florida_three Maine; Wednesday. one Alabama. five Maine ar- rived. four broken and ten unbroken cars on track. ~Old stock: Supplies moderate: o market weak, 100-pound Maine. Green Moun- aho Russet Burbanks, Supplies modera: Flnndl demand ‘light. . U No 5 mostly ; ASPARAGUS. N5 ety rrivals; cars on track. Truck receipts light plies light: demand light. market dozen bunches 50; fancy, 1.00- 1.50; ABBAGE—One Virginia_arrived: broken car on track. supplies moderate: v. South’ Carolina pointed type. no sup- Byramid crates one Truck receipts demand light: 1132 packed lo- carlot arrivals: two bro- Supplies light: demand California. Western- Texas, bushel bas- ket 1 roMATozs_M carlot _arrivals: two ken cars on track. Truck recei moderate; supplies moderate. demand sl market weak. Florida. lug boxes. fipes and turning wrapped larger, 5 1.50-2.00. Meher: Zar fatt consiiton s 71,00, RY—No carlot arrivals: four bro- ken and one unbroken cars on track. Sup- plies moderate; demand slow: market duil. Florida, individually washed -inc grates and 14-inch crates ound. 8-10_dozen. x; ETTOCEL Ny catlot & ken “cars ‘on track. demand light: market weak_ California, Western-craf ere . Lye, " 5-dozen: 700-4.50; 6-dozen. 506-3.5 Onion Prices Weaker. ONIONS—No _ carlot _arrivals: one broken car on track. Supplies light: de- mand light; market siightly weaker. Texas. 50-pound sacks, Yell Bermudas, U, s. Commercial. 1.60-1.6: L7 PEAS——No “cariot arrivals: one broken car on track. Truck receipts light: sup- plies light: 'demand moderate: market steady. Bushel hampers. South 'Carolina. 5. fair - condition. 1.00-1.107 North Cnrollna 1.50: California. ~Telephones, sTRAwBERRIEs—AnpmumnMv 400 crates North Carolina by truck arrived. Supplies light: demand good: markef . 24-quart crates. various varieties North Carolina 3.50-4.00: few 4 condition. 2.50-3.00: Norfolk sect ginia. holdovers. fair condition, per crate VEGETABLES—No Sarlot ar- six bro- Supplies moderate; 103% 103% 98% 98%% 9935 99% 95 95 10534 1083 8945 89%5 89 8y 883 89 9534 953 8 18y 1063 106% 9 99 10134 101% 1043 104% 31 1% 9134 97Y 125 128 9% vy 1078 107% 10244 102% 103 103 1027 108 119% 119y 58l b8y 2035 293 lnm 814 978 125 9444 108Y 102% 103% 108 119y 681 29% 9934 10234 1028 102% 116 116 116 10234 10274 102% - 106 105 105 108% 10835 108% 963 963 9B - 11234 11234 112}¢ 1053 10535 10835 99} o 9 32 82 82 107 106% 107 983 983 983 1013 101 101 60 49% 80 % 50} B0Y - 10835 1083 103% 2615 24y 24y 107 107 107 10434 104 104 UK Y 95 84} 8315 Bdlg 38 38 88 803 80 80y 958 953 9B 10434 1043 10435 9214 924 9234 10436 10434 10435 107107 107 343 3435 34y 3415 B4} 34k 101% 101% 10254 10234 10234 10134 10034 10035 100 993 100 1 3__. 1005 10084 100% 993 9914 |- D fWo_broken cars on tra P BEANS No cariot ateivals: broken car ‘on track. Supplies ligh! mand light: market weak. Florida hushe! one hampers_ green. flat type. hold- overs. (Ah’ condlllon 75. Ll!M BEANS—Supp H'l!llmdtnt to EGGPLANT—Supplies very light; de- mand light; market sludy Fl lae Bushel “crates, fancy. = 230-2 5. thalcs, | & “Sauas H—supnhu light; demand light; market Steady. Florida, bushel Fhite. wrapped 2.0 g Eu,,,’,"g‘,‘;fi,';_ necl 50-3.00;"3%-bushel h: s, Yel- mnknecks. 250550 "Hafers type, PEPFERS—SL\BDHE: insufficient to ORANGES—One Florida urrlvea,qt“);’;:- ‘P"‘;gl"(fiinu nggxeonewunbmken cars on trlck : il e S AP] T—One Flori d ive K(V. few special mlrks hlzher. No. as 1o size HOI —Chile. crates —Areentina. lugs. 9 AVOCADOS—CaMomm bo: 250 PINEAPPLES——Cuba. crates, 50. GHERRIES—California. S-pound boxes. MUSHROOMS—Maryland. - ets. poor”auality 100~ © oo nd bas few SPINACH—Nearby sections, bushel bas- kets. 50a60. RRIE" BALAD—Virginia. bushel bas- 50. e AROVER BALAD—Virginia, bushel bas- kets. 50. KRA—HBHdA. bushel hampers. 4.00a 4.50. o né'l;ss—‘virllml. hotbed stock, boxes. BANANAS—No _carlot arrivals: one broken car on track. NEW YORK SUGAR. NEW YORK. May 12 (#.—Raw sugar was unchanged early today at 3.45 for spots. with no sales reported. Futures were steadier in both contracts, No. 3 advanced on increased covering and trade buying prompted by the ovtrmxht press report the excise tax may be 50 cents instead of the earlier lulle&flfll’) of 75 cents. No. 4 advanced on covering ll’ld renewed outside buylmz May No. 3 sold up to 2.55 d Septem- ber advanced from 2.50 to 2. 5“ ordtob points net higher. but there were reactions from the best towerd midday under YEIHZ- ing. Wllh the list at noon 2 to 4 points n higher. No 4 July sold from % lf“'x to 1 lfl“ lnfl September rf‘l;(”hl\ 1.22 0 2 in! t igher. PO Rihned was unchanged at 4.80 for fine granulated. with fair inauiry reported. High. Low. Closs. 305 3 84 '35t B4l K 3y _ - 100% 10034 1003 9ot 263 264 26} Y SAT 3348°51.. 136} 136)4 136)4 t-:mmm 48°61___ 1013 101, 1013 MAY 12, 1937 FINANCIAL *¥% A—17 British Markets And Banks Close For Coronation By the Associated Press, NEW YORK, May 12.—All business was at a standstill throughout Great Britain today as the stock exchnnga and commodity markets closed for coronation. Trading in foreign ex- change was suspended. Banks closed. Ceanadian financial and commodity exchanges also suspended. 52,681 670 EARNED BY HOLLY SUGAR Year’s Profit Compares With $2,684,519 for Previous Period. By the Associated Press. NEW YORK, May 12 —Holly Sugar Corp. reported today for the fiscal year ended March 31, last, consolidated net profit of $2,881,670 equal after pre- ferred dividends to $5.42 a common share. This compares with $2,684519, or $5.02 a share in the preceding fiscal period. The net income was before provision for undistributed profits tax although such tax, if held due, would be met with funds in the contingency reserve. In this connection the annual report stated, “the corporation's contingency reserve of $650,000 remains the same as last year and is beieved ample to take care of all contingencies including any ‘unjust enrichment’ tax under the 1936 revenue act.” It is not believed the company is liable for such a tax, but if final determination should be otherwise, the payment will be charged against this reserve.” Wiley Blair, jr., president, in his re- marks to stockholders stated there was some legal doubt whether the com- pany, under its charter, could pay more than a $2 dividend on the com- moén so long as there was any out- standing preferred The company plans to spend about $2,500,000 on plant improvement and construction this year. This includes roughly $500,000 for miscellaneous im- provements and more than $2,000,000 for rebuilding the factory at Alvarado, Calif, and for a new factory at Hardin, Mont. Plants are located in Colorado, Mon- tana, Wyoming and California, and headquarters are at Colorado Springs, Colo , Washington Exchange SALES. Mergenthaler Linotype—1 at 45. 170, 2 at 165. AFTER CALL. Washington Railway & Electric 4s— | $1,000 at 105!, Bid and Asked Prices. BONDS. Amer. Tel. & Tel s 0 Anacostia & Pot h. Gas 55 1960~ ash. Rwy. & Elec. 48 __ MISCELLANEOUS. Col. Country Club 5155 __ 108 W. M. Cold Storage 35 ____ 100 STOCKS. PUBLIC UTILITY. Amer. Tel & Tel (%) __ 16 | Gapital Transit ‘Co & W. Steamboat (A) [ Bt Elte. Foa™ it ot ca) | Pot. EI 5i4¢ Wash. Ry. & El com. (18) Wash. Ry. & EL pfd. (5) BANK AND TRUST COMPANY. Amer. Sec. & Tr Co. (eS)_ 201 Bank of Bethesda (H.75) _ Capital (4) | Com. & Savings (10) Liberty (4 300 | Tr. i Pr. Georges Bk. & Tr. (.50) Riggs (e%) 5 E Rigks ofd. (5) £ Washington (6) _ 2555 130 Wash. Loan & Tr. (e8) " FIRE INSURANCE. American (6) Corcoran (5) PFiremen's (1.60) National Unfon (.60)" TITLE INSURANCE. Columbia (.30) __ Real Estate (8) MISCZI,LAW!OUS Carpel Corp (2.00) 20 Lanston’ Monotype (i4) Lincoln Serv. com (1.0 Lincoln Serv. pfd. (i Mergenthaler Lino. Peoples Dr. St. com. Peoples Dr. St. pfd. (6. Real Est. M.&G. pf. Security Storage (5) 50) 0) \\flwd & Loth. pfd. *Ex-dividend. +Plus extras. (e) 2% extra. extra. (H) 75c extra 30, 1936. &l o) 1127 4bc paid December SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Asked. Am. Tel & Tel 5is 1043 3 Auburn Auto Co. Cheer & Ohls By 6e m(sa, Edis. Eree. T, 15 1939 _ Gen, S5y Byas, 19 49 10774 10014 100 108 ) Vanadium Corp. Vertientes Sug. C Wabash Ry. C Warner Bros. g Wes: Vaton e 651J FOREIGN EXCHA.'N GES NEW YORK. May 12 (. _—Forelmn ex- change sieads; Grsat By oll gthers in cents, ~Great Bri 4.94 04s; 0 day Bils 5. n'xv F l%d dem d.ngfliyuvx cables,’ 448 o emandss 1 Oe'r'mnny. travel 54 84 Holland, Bweden, 20.48; d P Lz:rllxid tel ortugal auo gl orw; ima 22.07; Pinland. 73900 Spal Greéece. 8.80; Tokio, 2 Hongkons. 30.7: Mont.eal. Y York. in Montreal. 99.76%. n—Nominal. zl-‘uawu- 8 W REGISTRATION STATEMENTS. | By the Assoc:ated Press. Registration statements filed with the Securities Commission today covering pro- posed new issues include: shmerican ng Co., tami Cleveland, & unmine Goy tid. Toronto. anadab000.000 snares $1 par common i Seflriion Sl 207 G- derwriter: tain Mining Milling Mlner{l Moun“h" 00 0& uhnm of on at onts orent, ommem nnd vvrllnt "eapi- No underwriters. rs. Ve tll. A Real Estate Title Insurance Co.—10 at | PACE MAINTAINED AT STEEL PLANTS Decline in New Business Re- flects Ample Stocks for Nearby Needs. By the Associated Press. NEW YORK, May 12.—Steel produc- tion remains at a high level through- out the country but new business con- tinues to shrink moderately, reflecting ample stocks of consumers for nearby needs, Iron Age sald today in the weekly review of the industry. Consumption is heavy in many lines, however, the review added, with the result that current orders repre- sent actual requirements. “Prospects for third quarter are falrly promising,” the trade journal said, “with indications the Summer letdown may be less than might be expected in view of the heavy pro- duction of the first half of the year. “Strike threats against some of the leading independent steel companies, which may come to a head this week, have had no discernible effect upon new steel purchases, but may account for renewed pressure on mills for quicker deliveries. * * * The steel pro- duction rate for the country remains at 92 per cent, the same as last week. “Business was aided in the past week by fresh releases from some auto- mobile companies, the placing of steel for recent construction awards and for railroad equipment and by a rising demand for steel in the farm equip- ment industry. Demand for farm machinery, including tractors, has risen far beyond the expectations of manufacturers in that fleld. “Steel scrap prices continue down- ward. The Iron Age composite price dropped to $18.75, marking the fifth consecutive weekly decline.” CLEVELAND, Ohio, May 12 (#).— Daily Metal Trade today says: Bteel consumers continue to specify | actively, but new demand is noticeably slower. Bars are being shipped steadily, al- though pressure for deliveries has| eased considerably since third-quarter | prices were announced unchanged. | Demand from agricultural imple- | ment manufacturers, railroad car shops and machinery builders is hold- ing up better than expected Structura] steel fabricators expect | an improved demand over coming | months. NEW YORK BAR SILVER. NEW YORK, May 12 (#)—Bar ver steady and unchanged at 45. eMcien in m, s Your ting nrubl vice. prini nighy maltes: esti- YATIONAL CApiTa e Pfifss uncoln =l CONSTRUCTI (opose,pald June‘ Business Property $25,000 or Over Residence Property Up to $20,000 Attractive Amortization Plans to Suit Individual Requirements Low Rate of Interest District, Nearby Md. and Va. Rohert Peddicord 1713 K St, N.W. DI. 0010 Office_Hours—9-1 First Mortgage Money For LOANS | and LOANS ON IMPROVED PROPERTY in th District of Columbia Nearby Maryland and Virginia . Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 AND TRUS Branch 7th and Mass. Ave.,, N. W. Eighth aod H Sts,, N. E. MEMBER FEDERAL RUBBER FUTURES. NEW YORK. May 12 (#.—Crude rub- ber futures opened steady 3. 1o isher. May,, nauoted: July. 21.70: September. OFFICE FURNITURE WE SELL BUY OR EXCHANGE Steel Files leltl Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Eye 8t. N.W. Phone NA 2184 SEE US FOR Any and All Kinds of INSURANCE We handle policies covering every form of insurance that you might want or need. Let us arrange a plan for complete insurance coverage for your protection. J. Blaise de Sibour and Company INSURANCE BROKERS 1700 Eye St. N.W. NAtL 4673 NOTICE OF REDEMPTION. THE \FOTOMAC JQINT STOCK LAND BANK ¥ ALEXANDRIA. VIRGINIA. Q¥ pERECEN (COUPON "AND REGISTERED) June Notice is hereby giver and regulations p: Credit Administra signed. The Bank of Alexa for redemption v is outstanding bonds ahove descr Said_bhonds arf[hpayaum 8t par upon s brovided by ruies scribed by the Fa that the uj LN, STOCK LAND BANK of Alexandria, V. (Signed) DONALD § WACE President, ned) AUDREY B. CARROL Asst._Secretary. First MorTGAGE Loans | District of Columbig— ) (Nearby Maryland— ‘ Business land Virginia— Properties Terms from 3 to 15 Years Also Monthly Payment Loans Randall H. Hagner & Co. Homes ‘ Apartments | MORTGAGE LOAN CORRESPONDENT New York Life Insurance Co. | 1321 Conn. Ave. N.W. DE. 3600 - | HERREGIREDIREN? BEFORE YOU MORTGAGE or refinance your home or business property LOCK into our plan that offers you a loan, repayable byconvenientmonthly pay- ments, which, in addition o saving you commissions and renewal charges, also gives you a share in the profits of this Association. NORTHERN LIBERTY BUILDING ASSOCIATION §11 SEVENTH STREET, N. W, Established 46 years MEMBER OF PEDERAL HOME LOAN BANK SYSTEM D.C. BUILDING AND LOAN LEAGLE UILDING AND LOAN LEACUE Is your present MORTGAGE COSTING TOO MUCH? FIND OUT how you can car- 1y your home at lower cost ...how you can rearrange your principal payments on a more convenient basis. Tell us about your mort- gage situation — we'll tell you how we can help you. WEAVER BROS ¢ REALTORS Mirttage Loan Corvespmdomt Mtmpelitan Lifs Inmerance Compang WASHINGTON BUILDING DISTRICT 9486 ReAL ESTATE LOANS on Improved Property Monthly Payments or Straight 3 year Loans AT 5 % INTEREST Consult Real Estate Department AMERICAN SECURITY T COMPANY Main Office X FIFTEENTH STREET AND PENNSYLVANIA AVENUE Offices Seventh and E St., S. W. 1140 Fifteenth Sc., N. W. MEMBER FEDERAL DEPOSIT INSURANCE CORP. RESERVE SYSTEM