Evening Star Newspaper, May 16, 1937, Page 71

FINANCIAL LONDON MARKETS EXTREMELY QUIET Liquidation to Clear Up Weak Positions Is Conspicuous as Result of Lull. By Cable to The Star. LONDON, May 15. — Coronation festivities, followed by the Whitsun- tide holiday, combined to reduce busi- ness in the securities market to small | proportions. Hence, liquidation, re- sulting from the clearing up of weak positions remaining after last week’s | settlement, was all the more conspicu- ous In the absence of bargain hunters, prices generally weakened, but most resistance was shown by gilt-edged bonds. Many sections, including the latter, also home rails and many in- dustrials, are beginning to show defi- nite signs of nervousness over the MWbor situation, particularly fearing that a possible coal stoppage would involve a spread of general unrest. These and other external problems are likely to react unfavorably upon the internal technical position lett by | the slide in prices during the last few weeks and involving continuation of hesitation and uncertainty, although there is evidence of considerable latent buying power when conditions improve. Parliament will shortly discuss the new tax on profits, but until the posi- tion is clarified and the nature or ex- tent of the promised concessions are disclosed, industrial equities will not attract invest (Copyright, 1937, by the North American Newspaper Alliance, Inc.) Commodity Price Changes for Week BY A. A. PATTON, Associated Press Statistician. NEW YORK, May 15.—Commodity prices swept downward for the sixth consecutive period this week, with sell- ing pressure against agricultural and | Industrial staples still heavy. Live stock alone stood out against the tide, rising to a new top for the year. ‘The general picture, however, was one of slumping quotations. The As- | sociated Press weighted index of 35 important wholesale commodities | dropped to 91.29 per cent of the 1926 average from 91.98 a week ago and compared with 71.65 last ye { Declines among staples makmg up ! the index outweighed advances 3 to 1: 18 fell back, 6 were higher and 11 remained unchanged. Several individual commodities were heavily sold. Rubber broke well over & cent a pound coincident with an- nouncement Germany had boosted the duty on imports. Some commodity men attributed the drop in cocoa to! fear Hitler's search for “ersatz’—sub- stitute—commodities mxgm next hit that product. Suffer Sharp Declines. With corn and wheat setting the | pace, agricultural commodities slipped badly. Heavy rainfall in many hitherto dry areas and the recent Government crop report conjured up visions of considerably larger harvests this \car\ than last to many analysts, and inci- \ dental lower price, 50 rye and couon, were also weak, while oats managed to | eke out a small gain. In the buoyant live stock group hogs and lamb concurred, with cattle | dipping slightly. Official forecasts | pointed out feed prices have been un- | usually high, causing larger shipments | of animals to market, and mdxcamdi smaller supplies would be available ! in a month or so. Foods offered some resistance to the downward surge: eggs, coffee and lard moved up. Setbacks in sugar, flour, butter and cocoa, however, were | more heavily weighted. Textile Issues Drop. ‘Textile quotations dropped to a new low for the year, including wool, | cotton cloth and silk. The inventory | question continued to be the most pressing factor, increasing steadily, | while no atttempt was made to cut production. Industrial staples, including non- ferrous metals, were soft. Steel scrap, lumber, burlap, antimony and tin ceacted, leaving bituminous coal the‘ only item on the plus side of Lhe ledger. The index, with its components based on 1926 as 100, compared as follows: Mavy 14 \’\ \k er ay eek ARo Sommodities_. 01 | Indusulnl 0 Pood Live stock_ Agriculture Textile Nop-Fer_Metal 1937 high, PHILADELPHIA PRODUCE. | : PHILADELPHIA. May 13 (. — Live ltry—Fowls, crossbreds fancy. Reds. broilers. 18 { Kn 50, jer: “extras. . standards. | No. 2 yellow, Baltimore Markets Spectal Dispatch to The Sta: BALTIMORE, May 15.—Rather dull demand most of the week featured the live poultry market. Receipts were only moderate most of the time. These conditions brought about a slight de- crease in the quotations from those of a week ago. The demand for fowl ‘was especially sluggish. There were few changes in the | prices of broilers. Rocks are slightly |lower than last week at 24a25, but | mixed colors at 23a24 and Leghorns at 20a22 are steady. There was little movement in fowl, resulting in lower prices on all lines. The decrease amounts to only about cent, however. Rocks are selling 19a20, mixed colors 18al19 and Leg- horns 15a17, with a few of the latter bringing 18. Roosters are steady at 10a12 and Peking ducks unchanged at 16a18. Eggs Gain Slightly. After fluctuating slightly during the week, eggs recovered fractionally at | the end of the period and are selling about half a cent higher than the low mark of last week. Both current ree |ceipts and medium-sized hennery whites are selling 19, with large hen- | nery whites bringing a cent more. The receipts have continued unusually heavy. More native and nearby market truck made its appearance on the market during the week. 0ld potatoes are dull, with Maryland ‘and Pennsylvania selling 1.75a1.80 per 100 pounds for No. 1s and 1.25a1.65 for ungraded stock. No. 1 Eastern Shore sweet potatoes are bringing 1.40a1.50 bushel and ungraded stock 1.15a1.25. Maryland and Virginia as- paragus is selling 1.25a4.00 per dozen bunches, according to grade. Nearby blue kale is somewhat higher at 30a40 bushel. Radishes are about steady at 1.00a1.25 per 100 bunches for nearby red tips. Nearby rhubarb, at 2.00a4.00 per 100 bunches, is slightly lower. Live Stock Market. Cattle—225. Compared with Friday | last week, steers, steady; cows, 50 higher; not enough heifers to make market test; bulls, weak to 25 lower. | Top steers, 11.75; weights, 1,050 pounds. Others, 9.70-11.60; plain ‘hghl\\exghv_s below 9.00. Bulk of | cows, under 7.00; odd head, good to 7. '10 or above; plain and medium, 5.75- 6.75; low cutters and cutters, 4.50- 550 plain and medium bulls, 6.00- | 7.00; few good butcher bulls, 8.00-9.00. Calves—No Saturday receipts. Veal- | er prices unchanged from week ago. Good, 9.50-10.00 mostly: plain and medium, 7.00-9.00; culls, down to 5.00. Hogs—100. Mostly 10 higher than yesterday, and 50 above a week ago. Good and choice, 170 to 210 pounds, 111.25-50; 220 to 240 pounds, 11.00-25; heavyweights, down to 10.50 or below: 140 to 160 pounds, 11.00-25; 120 to 140 pounds, 10.20-60. Good packing sows, 19.45-70. Hogs from doubtful areas not represented in above prices. | Sheep—No Saturday receipts. Com= Vpav ed with week ago, new crop lambs mostly 50 lower; not enough classes received to make market test, Late sales, good and choice spring lambs, 13.00-14.00; plain and medium throw- outs, 9.00-12.00; odd head fat clipped slaughter ewes, 4.50 down. Grain Market. Closing prices were: Wheat, No. 2 1391,; May delivery, 1.39';. Corn— domestic, 123; Western delivery at a premium over this price; | cob corn nominal. Oats—No. 2 white, domestic, 64-74; No. 3, 3.63-73; except grain on track there is an additional charge of 1!» cents per bushel for storage and elevation on all sales of cats. Rye—No. 2, 1.30-1.35. Barley— 93-98. COMMODITY INDEX NEW YORK. May 15 —The Associated Press weiehted wholesale price index_of commodities today advanced to f1: Previous day, 20: week b e | magin ‘aks, NEH7: 'vear avo. ago ¥ 53, Range of recent vears: 71 SHCRT-TERM SECURIT!ES (Reported by Chas. D. Barney & Co.) offer. Amer T & T 5las 111 Auburn Auto 4335 California Packing 5s 411 Internatl T & T 413! Laclede Gas Light 5s Lehigh Valley Coal Lehigh Valley Term Long Island gen 4s Michizan Central 4s, Midland R R of N J 5 Milw & Northern 4125 NY Chi & SIL 67; note New York Dock Benn-Dixie Cement 65 /41 vivania R R 4 o Grinae westarn 4s | Sonthern Bell T & T 55 Term RR As St L 4135 Vanadium Corp 55 '41 Vertientes Sugar Wabash Rwy ' Western N Y & Pa Western Union bs 101% WASHINGTON STOCK EXCHANGE YEAR 1937 (Reported by W. B. Hibbs & Co., Hibbs Building, Washington, D. C.) BALES ON THE WASHINGTON STOCK EXCHANGE UP TO AND INCLUDING FRIDAY, MAY 14, 1937, Sales. £15.000 8,000 ,000 18,000 16,000 11,000 27,600 47,500 25,500 PUBLIC UTILITIES. Ana & Pot Riv R R 1st 5s 1049 Capital Traction 1st 5s 1947 _ City & Sub Ry 1st 5% 1948 Georgetown Gas Lt 1st 5% Potomac Electric Power Wash Gas Lt 5s 1 Seits Wash Gas Lt 5% 1960 _ ‘Wash Ry & El 4% 18 1961 3Ys 1961 STOCKS. Par PUBLIC UTILITIES. Capital Transit N & W Bteamboat - Pot E1 Pow 8% pfd Pot El Pow 5'2 Vals Wash Ry & El com_______ BANKS AND TRUST COMPANIES, 100 100 100 100 100 100 100 100 Liberty Nat. Bank of Washington. Riggs common _ Riggs preferred - Carpel Corp Lanston Monotype Lincoln Service pfd_ Mergenthaler Linotype._ 5 Peoples Drug Stores.. _ Peoples Drug pfd - Real Estate Mtge & Guar pfd Security Btorage - Woodward & Lothrop com ‘Woodward & Lothrop pfd €1% exira. 2% extra, Dald in December, 1936, BONDS, Ana & Pot Riv R R guar 5% 1049 _ $100 100 100 % pfd 100 ‘Wash Gas Lt = 20 Wash Ry & 1 ptd 100 100 100 25 10 100 1Plus extras. DDrox. ATRIS? 8.10% 3.85 5.90 6.95 4.10 3.20 4.45 3.90 3.45 Open. High. Low. Close. ki 76 ll') 4 1113 1103 n415 21%, 8’71 811, 125 113% 10412 101% 1083 105% 126 2 5 115 1063 105 [ Div. ue. Ratio. 14% 110 110 1123 116 113 26.00 6.00 5.50 360 R0 5.00 111 36.00 725 108 4 110% 111% 78 1001, 726 AR 4.00 4.00 6.00 €8.00 5.00 101 €8.00 290 - 166 300 145 150 135 330 151 135 356 101% 310 170 300 15 170 16% 170 15 165 2.65 165 3.63 26% 26% 95 100 50 50 53 Ba% 49% 49% 49% 49% 116 116 115 115 6% 6% 5 .6 ae 125 125 118 125 4.00 78 78 68 68 220 125 123 120 120 5.90 25 95 50 45 26 97 50 45 8.00 412 7.00 444 2.00 5.60 10 *+25 cents paid in June, 1936; 45 cents u. 1937 High Low. 101 22 106 16 100 10416 99 10317 98 10318 98 10430 99 10422 99 107 30 102 106 28 101 108 24 102 108 18 102 108 24 104 109 25 104 1091 104 107 27 104 108 24 104 110 18 104 1149 107 11520 109 109 26 104 10712 104 121 14 113 104 10 105 23 10517 106 10 10231 98 1032 98 1053 99 20% 13% 20 13% 108 100% 102% 1013 102 100 102 100 103 101 103% 100% 1028 1011 1026 1013 10215 100% 102% 101 1023 9914 11012 104% 110 104% 10213 98 109% 10544 110% 108 115% 20 18% 35 A% 838, 887 6% 17 824 888 89% 1011 97 103t 96% 110 1041 14% 111 18% 18% 18% 181 188, 1814 15% 158, 18% 15% 15 1814 29 28% 93 9614 993, 27 564 100% 973 1024 100% 1058, 1043 130 119% 1244 115 481 304 3Tl 268 38 264 32 237, 275 201, 3315 2714 9515 8dly 981, 80 9 804 82U T1 858 794 99% 93 a% 5, 51 821y 8314 105% 1013 105 101% 109% 10214 102% 99% 105'% 100 6% 1% 811y 75l 9T 99y 33 344 33 3214 %+ Rio G do S 85’46 Aprco. 42 Silesia Prov 7s'568_ 4 Toklo 5%s 61 , Alleghany Co 68 '44____ 109% 105% 106% 108% 102% 96% 102% 96% 113 104% 114 111% 200 138% 107 104% 1047 102% 100% 94% 99% 95 112 102 112 102 116 106% 111 108 105% 99 99% 881 106Y% 102% 99% 90 1087 104% 824 131 116% 110 94% 8% 931% 83% 93% 83y 103% 97 106 102 1077 101% 99% 88 110% 103 1214 116% 131 120 99% 928 106% 101 90 84% 26% 41% 24% 98 83 60 106 108 116 109% 118% 113 121 114% 128% 120% 99% 894 105 102% 106% 99% 110% 10834 36y 2° 96 G 2148 1949-53 ... THE SUNDAY STAR, WASHINGTO SUMMARY OF BONDS ON THE NEW YORK STOCK EXCHANGE WEEK ENDING SATURDAY, MAY 15, 1937, S. GOVERNMENT BONDS. TREASURY BONDS. High. Low. Close. 9711 9717 8 238 194547 1022 1026 2 3% 8 1948-51 1008 10010 4 23%8-1951-54 e 99 10 23%,8-1956-59. 998 2%m 1955-60____. 1009 2 2%8 1955-60 reg-. 100 24 10 83194648 .. 103 15 38195166 . cceue 1022 20 3%m 1946-. 1045 24 3%®1949-53__— 103 26 24 341941 . 106 9 BYm1944-46_____ 106 23 10 3%(m 1944-46 reg_ 105 26 20 3%m5°'40-43 June. 10617 24 3%s'41-43 March 106 15 28 335194347 6 106 6 12 3% 81946-66____ 109 2 12 431944-54 110 22 2 4%m-3%8 43-45_ 105 26 106 4 16 43 8-31,8'43-451g 105 31 105 31 16 438 1947-52 FEDERAL FARM MORTGAGE 1153 1159 BONDS. 1016 1016 10220 102 22 101 23 102 102 16 102 25 HOME OWNERS’ LOAN BONDS, 16 23,8 1942-44_ 9922 9910 9912 28 2%,51939-49_ 1005 9925 100 24 381962 . .___. 10128 10112 10117 FOREIGN BONDS. High. 88 cee. 103% 9814 145 9874 100% 98 98 4% 4% 14 14 100% 100% 101% 101% 100 100 100 100 101% 101% 10174 102 101% 101% 101% 101's 100% 102 101 107 106% 101% 108 109 11714 21 20% 36' 364 3% 46'3 Antiquia 7 06 A Antioquia 78’45 B Argentine 5% '63__. Argentine 6357 A._. Argentine Argentine s ‘59 Jun Argentine 6s ‘59 Oct ... Argentine 6s ‘60 May Argentine 6s '60 Sept_.. Argentine 6s°'60 Oct . Argentine 6s ‘61 Febr__. Argentine 6s ‘61 May Australia 41866 Australia 6s°56 Australia 65°'57 Austrian 78 '57_. Belgium 6s ‘66 Belgium 634s 49 Belgium 78 '55 Berlin City El 6%4s°51 Berlin City E] 6%s'59_ Brazil 6%s 1926-57 Brazil 8s'41 Buenos A 4%, s-4%8 ‘76 Aug (Pr) Bue A 43;-45s'T6AprPv Buenos A 4%38-4%s ‘17 (Pr) . Buenos A 65’61 Pv Buenos A6%8s'61Pv -lnd Canada 2%s '46 Canada 3%, 8 '61. Canada 48 '60_. Canada bs '52.. Chile 63 '60 Chile 65 ‘61 Jan Chile 6s '61 Febr._. Chile 68 '61 Sept. Chile 6562 Chile 68 63 Chile Mtx Bk 6s ‘61 Chile Morts Bank 6s'62. Chile Mtg Bk 6348 '67__ Chile Mtg Bk 6% s ‘61 Chilean Mun L 7s Cologne 638 ‘50 Colombix 65 '61 Jan. Colombia 6s ‘61 Oct Copenhagen 44s '53_. Copenhagen 68’62 Copenhagen Tel 5s '54._. Costa Rica 78'51 A, Cuba 6%s 45 - Denmark 4%4s ‘62 ______ Denmark 53 '55. Denmark 6s 43_. French 78 °¢9. French 7%s ‘41_ German Bank s Ger C Ag Bk 63 '60 July Ger C Ag Bk 6s'60 Oct.. Ger Con Ag 6%8 ‘58 German 63%s8°65 _ German Rep 7849 Grt CE P Japan 6135 '50 ltaly 7361 Italy Crd P W 78 '47 B__ Italy P U Credit 7s '52._. Japan 5%s ‘65 Japan 63 ‘54 Kreug&Toll 68’59 efsn._ Mexico 45'10-45 asst sm Milan 615 52 Minas G 61;8'58 Sepco New Sou Wales 68 °'57__ New Sou Wales 68 '58 _. Nord Rwys 638 '50 Norway 4%(s'65_ Norway Hy E1 5%s°'567_ Orient Dev 6%s ‘68 TT% 8% 1% 107% 107% 112 112 20% 207% 21 21 21 21 21 184 1814 18% 18% 167 191y 29 28% 94 984 100 33 624 98Y% 1014 1058 121 116% 103% 103 106! 1027 103 102% 1024, 106 1011 Parts Orl Ry 5%a'6s Peru 65 '60__ Peru 63 61 Poland 68 "40__. Poland 8s ‘50 __... Prussia 6s 6! Prussia 6%4s'51 Queensland 6s 47 Queensland 7s '¢1 RDJan 6%8'53 Auco. Rio de Jan 85’46 Aprco. RGdusSés 68 Juneco. Rio G do S 78’66 Mayco Rio G do S 78’67 Juco__ 1093, 110 26 29 2614 258, 27% 31% 109% 109% 109% 109% 231 23% 26 26 25 258 26 31 T44% 24% 9274 43 6% 9% 26 26 66 6614 67% 42% 20% 85 24% 254 26 2914 Rome 6% 52 % Sao P St 6s'68 July c o Sao Paulo State 7s 40_ 24% ‘Tokio Blec Lt 63 ‘63 _ Unit Stl Wks 6148 47 A. Unit Stl Wks 6348’51 A. Uruguay 6s 60 Uruguay 63 Uruguay 8s'46. Warsaw 78’58 Westphalia El P 6s '53_. Yokohama 6s ‘61 DOMESTIC BONDS. T S High. Low. 99% 99 93% 90k 65% 611 98y 9T% 811 T84 108% 106% 105% 105% 98% Alleghany Co bs 49 Alleghany C’'p 58’50 std.. Allied Stores 41,8°51._. Am & For Pw 65 2030__ Am 1 G Chem 6%s8°49__ Am Internat 5%s 49 Am Tel & Teleg 3%s ‘61 Am Tel & Teleg 318’66 Am Tel & Tel ¢%s 39 Am Tel & Tel 648 43 Am Type Found 50 new. Anaconda Cop 4%s '50 Armour & Co 4% '39_. Armour of Del 48 '66_._ Armour of Del 4!9'51 . A T&S Fe gen 4895 A T&S Fe ¢%8 48 AtlanticC L 1st 48 Atl Coast Line B & O Tol C Div 45 '69. Bangor & Aroos 4s ‘51 Bell Tel (Pa) 6s'48 B_. Bell Tel (Pa) Beth Steel 3% 8 Bethlehem Stesl Boston & Maine Boston & N Y AL 4s°56. Bot Con M 6%s°34 _ Bklyn Edis 3%8 ‘6 Bklyn Man Tr 4% Bush Term cons bs ‘56, California Pack bs * 111% 111% 114% 114% 117% 117% 124% 123% 94% 92 105 104 102% 101% Canada Natl 4% . Canada Natl s '69 July. Canada Natl 63 69 Oct. Canada Nor db 6%4s Canadian deb ¢s ‘perp. Can Pacific 4 Canadian Pao ¢% Canadian Pao bs Cent of Ga con 68°¢6___ 4 Nes Ohge. ~.8 Low. Olose. Chge. —-3% ++ FEIE FIEFEF FF T FEER +H1+ s FEE FEEFESE (9 & o T S T T T T I I I e & Pr roises?d ) FEE FEFEFEFFT N A Net Close. Chge. sesfes gox () ILI "_.1\,\\- SERFELEER it FEFF | 109'% 105% 1937 High. Low. 23% 18% Central of Gl 58°'69 C... 28% 18 Centralof Ga 5%s'59__. 104% 991 Cent f11 E] & Gas 6851 11234 106% Cent Pac 1st rf 48 '49 104% 97 C.n'.rll Pacific bs ‘60 96% 85 tain-teed db b 137 111 Cluunuk Corp 166 12614 Chesapeake Corp 58 ‘47 102% 95 Ches & Ohio 3%8'96 D 102% 95% Ches & Ohio 3348’96 K__ 12814 116% Ches & Oh1o gn ¢%s '93. 109 106% Ches & Ohio con b 58% 52% Chi Alton ref 3s '4: 1174 107% Chi B&Q gen 48 ‘68 _____ 116% 106% Chi B&Q 4%8s ‘77 119 114 ChiB&Qref6s'71____.. 118% 107 Chi B&Q [11 Div ¢8'49__ 46% 35% Chi & Eastn I11 68 '51___ 45% 34 Chi&EIIl 5561 ctfs 5114 42% Chi Great West 4s ‘69 26% 16 ChiInd &I gen 53’66 18 Chilnd & L gen 65'66_ 524 Chi M & St P3%s’89 B_. 564 ChiM&StP 48’49 _ _ CMM&StPJ‘/zu‘SS(‘ ChiM&StP4%8'89 E_ Chi M BtP&P MJ 682000 Chi M 8t P&P 68 16 Chi & N W gen 48’87 Chi& N W 63482037 Chi &N W 4148 2037 C.- Chi&NW4Ks'49 ___ Chi& N W gen 5587 _. Chi & N W ref 68 2037_. Chi & N W 6%s ‘36 ChiR1&Pref4s 34 . Chi RI&P ref 45’34 ctfs_ 4 Chi I&I’lc gen dl 88 Plst4%s 60 Chi T H&S 18t 5860 78% Chi T H & S inc 58’ 118 10415 Chi Union Station 4s'63. 108% 100% Chi & W Ind cn 4s ‘62 94 85% Chilas & Co deb 6543 98% 91% CCC&StL 4%s'17 E. 105% 101% CCC& St L 6863 D_ 105 99% Clev UnTerm ¢%s "77_. 111% 1047 Clev Un Term 6513 B__ 113 109% Clev Un Term 6%s '72A 108 10413 Col Fuel & Ir 5343 .___ 96 80 Colo Fuel & 15s'70 77% 63 Colo & Southern 4% 8’80 105% 10114 Col G & E 68 '62 May___ 105'% 99% Col G & E 58 61 . 108% 102 COlRP& L 4565 _ 100% 94 Com Credit3l;s'51 1054 99% Com Inv Tr 31,851 71% 631 Cons Coal of Del 58 ‘60 106% 102% Consol Edis NY 31;s'46, 107% 101 Cons Edis N Y 314s°56_. 108 105% ConsGasN Y 43,s51__ 107% 100% Consol Ol 31:8°51_ 644 474 Cuba R R 18t 65 '562 65 47% Cuba North 6% s '42_ 95% 88% Del & Hudson rf ¢s°43 367 26% Den & R G con 45 36 16% Den & RG W 68’55 __ 15% Den & Rio G 68 '55 asst_ 24 Den& RG Wrfbs'T8_. HO"‘. 106% Det Edison ref 6852 108% 97 Erle con 4s°96. 8014 Erie gen 4s'96 89 78y Erferef bs 67 89 78 Erieref6s'75 20% 13% Fla East Coast Is'74 20 13 FlaECRybts'T4ctts___ 10614 103% Gen Cable 5148 "47 _ 105 987x Gen Motors 3s'46 1054 981 Gen Motors 315" 97% 837 Gen Steel Cast 5148 '49_ 101% 97% Goodrich 43,8 '56 - 107 104% Goodrich 68 45 ___ 105 10315 Goodyear Rubber 68 ‘57 140 11813 Great Nor Ry 48 46 G__ 111% 106 Great Nor Ry 4846 H__ 11615110 Grt Nor Rrf4%s'61 A_ 109% 1007% Great Nor 4%s'76 D 108% 100% Great North 4%4s8'77T E 119% 114% Great Nor gn 614852 B 156 10 GreenBaydebctfsB __ 994 90'5 Harlem R-P C 1st 48 ‘54 57% 44% Hudson Coal 58°62 36% 29 Hudson & Man adj 58’67 ®6% 713 Hudson & Man rf 6357 858 111 Central col tr 4s 79% 111 Cent col tr 48’ 53 86%, 111 Cent ref 45 ‘55 1ty 111 Cent 4% s°66 Inter Rap Tran rf 866 Inter Rap Tran 6s '32 Inter Rap Trancv 7s°'32 In R Tev 7832 ct: Int Gr Nor 1st 6s°52 A inter Gr Nor adj 6s ‘52 Inter Hydro EI 6s'44 Inter Mer Marine 6s "41. Inter Paper 68 47T A _ Inter Tel & Tel 4%8'39_ 4 Inter Tel & Tel 4%s '52. Inter Tel & Tel 55, KCFS&M4s'36. Kan City South 3s'50.. Kan City South 6s ‘50 Kan City Ter 1st Kan Gas & B 4%3 '80_ Laclede 6%s 60 D Lautaro Nitrate 6s ‘54 Lautaro Nit 6s'54 ctfs Lehigh Val con 48 2003 Liggett & Myers 65 '51_. Loew's 31846 Long Island ref 4s Lorillard (P)7s ‘44 Louisiana & Ark 5s'69 Louisv& N 3382003 E_ Louisv&] h uni 4s ‘40 McKesson & R 5%s '50. Man Ry N Y con 4590 __ Man Ry con 4890 ctfs__ Market St Ry 7840 A__ Met Edison 4148 ‘68 Mil El R&L 1st rf bs Mil E] R&L gn rf 6s '71 M St P&S S M con 48’38 Mo Kan & Tex 1st 4590 Mo Kan & Tex 68’62 A Mo Kan & Tex adj 6s '67 Mo Pacific gen 48°76___. Mo Pacific rf 5865 A_. Mo Pacific 5877 F' Mo Pacific 58718 G. Mo Pacific 5s '80 H. Mo Pacific 65’81 1 Mo Pacific 6%s 49 Mob & Ohio 4%s 77 Mob & Ohio 5538 _ Monong Pub Sve 6s'65_. Mont Power 3%8°66___. Morris & Es 315 2000. Morris & Es 438565 _ Morris & Essex s 55 Nassau Elcn gtd 48 '51_ Natl Dairy 3%s'51 ww_ Nat Dist Prod 4%s '¢6 Nat Steel 45 '65 New JersP & L New Crl PS6s'62 A New Orl PS 68'65 B New Orl T& M 5% '64_ N Y Cent 334s'97 N Y Central 3% s’46 N Y Central con 4s 9! N Y Cent ref 43,8 2013 _. Centrf4%s2013n. Cent rf 652013 Cent conv 6s "44 Chi&St L 4%8'78 __ C&StLrf 6% &4 A. Chi & StL 68 '38_. 803, 661 95 100 1098, 106 10472 102% 701 56 44 361 43% 37 72 5T% 12614 117 101% 97w 106% 100 135 1274 104% 102% 5% 3514 53 3l 103 99 109% 106% 106 100 105 101% 374 23%y% 96% 8Bl 88% 75 80 64 24 15% 48% 39 49 39 48y, 3874 48% 'NU. 49'% 181y 39% 398 110% 99% 97w 85% 97 8R% 102 96% 631 50 107 102% 106 103 107% 1024 1074 104% 103% 944 94y 51% n gen 48 '65. [&W ref ¢s ‘92 ‘el gen 4%s ‘39 & B gen 4% 46 Niag Sh Md 6%s '50 Norf & Sou 1st ref 5s'61 Norf So 1st ref 5s'61ctfs Norf & W 1st cn 4s°96__ North Am Co s ‘6 North Am Ed b North Am Ed 6. North Am Ed 6%s ‘63 North Pacific 3s 2047_.. North Pacifio 48 '97 North Pacific 4148 2047_ 109% 102 North Pacific 58 2047 D 112 108% North Pacific 6s 2047___ 331% 20% Ogden L C 4s'48__ 107% 108% Oreg Wash RR&N ¢ 107% 99% Pacific G & Elec 3%s 61 111 103 Pacific G & Elec 4s'64__ 105% 99 PacificT&T3%s'66B. 105% 99% Paramount Pic 6s'55__. 106% 99% Penn Co 4563 102 99% Penn Dixie Cm: 106% 100 Penn Pw & Lt 111% 103% Penn R R %88’ 111% 1038% Penn RR 44884 B 115% 106% Penn R R I’Cn *l 2Z22222222222222227727 R 1 o g 49992222228y 122 105% 101 107 99% 106% 101% 82% 69% 112% 101% 106 97% Peoples GLAC rf 5847 16% Peoria & East inc 45 '90_ 99% Philadeiphia Co 68 ‘67 _ 28 Phila& RC&Ir6s 7 24% Postal Tel & Ca 63 '53. 1317% 110 Pure Oil 4%s'50 ww.___. 101 97% Purity Bak 6848 . \] . Olose. Ohge. lD 19 19 19 100 100% 107% 107% 99% 86 112% 126% 96% I+ft'|0~¥l+ —1% -2 FFESFEE FF 1++1 L*l 1+ FFE RERRLEEFR [ - ¥ 1937 High. Low. 104% 973 Reading Jersey C ¢ 108%4 105 Reading ¢%8s'97 A 116% 105 Rem-R'd 43,8'66 212 127 Republic 8tl gen ‘%l’KO 170 100 96 Republic Steel 435 °56._. lflfl‘h 108 Republic Ste: 46% Richfi 2!% 19% R 1 Ark & L 18t 4% 34% 23% Rutland R R 4% 8’41 89% 793 St L 1 M&S R&G 4833, 871 3 331 83% = 30% 22% StLSF 4%s'78 ctfs st_. 26 StL&SF58'50B 24% St L& SF 5850 Betfs _ 26 40 St L So Wngen ref 58’90 42 5414 St L So Wn trm 68'62 544 99% San A&A Pi ‘43 102 28Y% Seaboard A L 4s'50 stpd. 29 14 Seaboard A L ref 4s’69. 15% 14 Seaboardref 48’59 ctfs_ 14'4 8% Seaboard adj 58’49 95 17% Seaboard A L 6s 46 1915 16% Seaboard A L 68°45 ¢ 18% 9 Seab All Fla 68’55 cfsA_. 9% 95% Shell Union 31486 99Y% 105% 100% 10214 965% Southern Pac 3%s '46 991, 91% South Pac col ¢s 49 1087 103 South Pac ret 4s ‘65 98 87% South Pac 4% 97% 87% South Pac 4% 97% 87 South Pac 4% 1. 100% 9214 South Pac Oreg ¢%s ‘17 109'4 106% So Pac San Fr T 48 '60__ 85% 177% Southern Ry gen 4366 / 1124 104 Southern Ry 689 1054 97% Southern Ry gn 6 110% 100% Southern Ry 6%s ‘b 102 95 Stand Oil CoNJ 35’61 159 1121 Studebaker Ccv 6s '46__ 107% 1024 Swift & Co 1st 3% s'50_ 10’1% 100% 967 118 106% (Continued From Pue 2) 1937 8tock and Higo. Low. Dividend Rate 981 94 Schenley pf (5%3) - 3l 1i3 Schulte R Strs (d).. 69 23% 13% Schulte R S pf (d).. 14 45% 38 Scott Paper (1) .___ 5008 24 1Y Seaboard AIrL (4). 124 8! 5 Seaboard A L pf(d). 19 54 365% Seaboard O] (1) 11% 7ia Seagrave Corp ___. 95% 81 Sears Roebuck (3). x lfi‘; 34 Servel Inc (t1) __ 50 42% Sharon Steel (11.20) 15 120 Sharon Stl pf (5) .. 2 14 9V Sharpe & Dohme .. 58 65 59 Sharp& Dopf(333). 1 17% 127 Shattuck F G (60c). 10 44 3714 Sheaffer Pen(b1% ). 30s 343 25% Shell Un O1l (a25c) . 105% 102 Shell Un Oil pf 5% ... 17 12%4 Silver King (b25c) 58 40 Simmons Co (b50c) Bales— 232 4k 605y 197 120 42 Skelly Oil (b50c) ___ 41 85% Sloss-ShefMeld Stl_. 1708 101 Sloss-Sheff pf (6)_.. 230s 34 Smith (AO) . 8 27' Smith & Cor c(fl(l) 9 21's Snider Pkg (b1%) . 20 164 Socony-Vac (b25c). b76 3% South AmG & P30c 74 34 South Port Sug(t2) 26 141 Sou Porto R S pt (8) 380s 2215 So Cal Edison t1%_ 80 42! Southern Pacific.. 345 24 Southern Ry. 265 45 Southern Ry pf. 9 813 Spalding (A G) ... 9 631 Spalding 1st pt. 208 5% Sparks- Withing . 56 Spear & Co (a50¢c) .. 2 Spear & Copf (513). 10s Spencer Kell (1.60) _ Sperry Corp vtc(al) 2815 Spicer Mfg (a3) 45% Spicer pf A (3)._. 1914 Spiegel, Inc (1). 88 Spiegel'cum pf(4%) 3408 373 Square D (B) b25c 14 » Stand Brands(t80c) 289 77 Stand Com Tobac. .. 8 74 Stand Gas & El (d) . 130 1715 Stand G&E $4 pf(d) 87 40% Stand G&E $6 pf(d) 44 Stand G&E $7 pf(d) 27y Stand Inv Corp____. 413, Stand Oil Calif(t1) x 431 Stand Oil Ind (t1)_.x 303 Stand Oil Kan(al).. Stand OfI NJ (1) x 3415 Starrett L S(11.40). 6313 Sterling Prod 13.80 x 174 Stewart-Warn t50¢ 14% Stokely Bros (11)_ x 20% Stone & Web(a25¢c). 1314 Studebaker Corp. 67 Sun Oil (1) 125 119 Sun Ol pf (6) 61%, 4074 Superheater Co (1) 7% 4l SuperiorOfl ______ 47% 30 Superior Steel _. _. 397s 3214 Sutherland P 11.60_ 20% 13 Sweets Coof Am .. 288 233 Swift & Co (11.20) 337y 30 Swift Internatl (2) x 238 15% Symington ww bl0c 17% 11% Symington xw bl0c. 57's 50 Talcott (J) pf +2% _ 8% 67 Telautograph(60c)_ 153% 10% Tenn Corp (albc) .. 65 50% Texas Corp (2) 6% Texas Gulf Prasc.. 35'3 Texas Gulf Sul (12) 113 Tex Pac C&0 bl0c..x 10's Texas P L T (a10¢). 37% Thatcher Mfg (11)_ 62 Thatcher Mpf(3.60) 85 The Fair pt (7) 9 Thermoid Co 44 Third Avenue 97 Thompson J R e 23 Thomps'n Prod b40e 513 Thompson Starrett. 22 Thompson Star pf__ 16% Tide Wat As Ofl 80¢c 93 Tide Wat AOpf4ly 21'% Timken-Detroit(t1) 60% Timk'n-Roll Brg(3) 1312 Transamerica t40c 13% Trans Wst Air a2sc 27% 18 Transue & W(t60c) 11% 8 Tri-Contl (ab0c)___ 109 104'4 Tri-Contl pf (6) _ 12 81 Truax-Traer(b25¢c). 26% 16 Truscon Steel . 40% 33% 20th Cent Fox b60c.. 50 42% 20th Cent F pf(1%). 17% 9% TwinCity RT 94 66 TwinCRT pfal 167 Twin Coach (bl5c) - 28 Ulen & Co . 76% Und-Ell Fish b1% __ 63 Union Bag& P (2). x 95 Union Carb (3.20) _. 23% Union Oi1(Calif)1.20 148% 126' Union Pacific (6) ___ 99% 90% Union Pacific pf(4). 31% 26% Union Tnk Car 1.60 x 168 104 37 125 1751 22% 30 23 39 12 111 70 21 7 29 99 454 1128Simm’'ns rts May 19. 253 1-64 1 33 Simms Petrol _ ___ 7 3% 572 7 91% 414 43'% 30% 63% 40 63l 1% 143, 20% 14% 67 12213 43 4% 30 3413 1734 28%, 91 274% 9874 105% 99%, 93% 106 88 881y 88la 9615 107% 8 104% 97% 100% 97 120 107 Add 00. High. xo- Close. T 2745 ~1% 1 Wheel & Lake Erfe | X 1937 High. Low. 104 93 Tenn El Pw 65 47 A. 108% 103% Texarkana 6%s 106% 101 Texas & Pac 6817 B___. 108 101 Texas & Pacbs 179 C. 108% 100% Texas & Pac 73% 67 Third A 45% 26 Third A 116% 110 Union Pacific 1at 4 109% 103 Union Pac lst vt 43 2008 107% 105% United Biscuit 6s°42_ 103% 9734 United Drug 6m ‘63.___. 107% 105% U S Rubber 68 '47______ 105% 97% Utah L& T 6844 A____. 106% 100% Utah Pw & Lt 6844 67% 49 Util Power 68 ‘49 ww. 69 50 Utl) Power 63%n 47 111 98% Vanadium cv bs 41 41% 237% Ver Sug 1st 78’42 ctf 107% 101 Va Railway 3% 43% 35 Wabash 4%s'78 103% 90% Wabash 1st 68 ‘39 8114 Wabash 2nd 6s ‘39, 36 Wabash 5576 B__. 36 Wabash 68 38 Wabash 6%8'76 —meeeo 77% Walworth 4s ‘55 93% Warner Bros cv 6 45 Warner-Quinlan 6s 64 Warren Broscv 6s 41__ 9014 West Shore 1st ¢s 2361 991 Western Md 1st ¢ 105% Western Md 63s ‘71 325, Western Pacific § 99% Western Union 4 %s ‘60 '3 101% Western Unfon 6s ‘38 98% Western Union 68 51 _ 98t; Western Union 6s 60 97% Wheeling Steel 4348 ‘66 31% Wick Sp con 7s '35 ctfs 99 Wison&Cods 66 _ 25 Wis Cent 18t gen 4s'49_ 16214 123% Youngstn S&T 3% '51_ 105 98 Youngst'n S&T 48'61__ . Low. Olose. Chl!. 93 93 106 106 103 103 101% 102 102% 103 57 57 26 26 1% 112% 104 106% 106 105 988, 106% 1035 106% 328 99 101% 984 9815 1001 31y 100 283 25 139 132 1013 100% 101% 1024 . 102% 102 101% 101 35 101 1927 Stock and High. Low. Dividend Rate, 35 23'% Utd Aircraft(as0c) 15% Utd Afr Lines a20c 19'; Utd Am Bosch e 241, Utd Biscuit (1.60)_ x 113’3 Utd Biscuit pf (7)__ 697 Utd Carbon (4) = 29 Unit-Carr Fast(t2). 47, Utd Corp (a20¢).__. 446 5% 38 Utd Corp ptf (3) 84 41 12!a United Drug (b2ic) x 42 13% Utd Dyewood (1) 12 231 Utd Elec Coal ._____ 7 '3 Utd Eng & Fy (12)_ United Fruit (13) Utd Gas Imp (1) » Utd G Imp pt 110% 108 Unit Paper'bd b3 4 124 U S Distributing __ 1% 1% U S & For'n Secur. 18 16 U S Freight (11)_ 21% 17% U S Gypsum (12) 23 113 107 U S Gypsum pf (T)_ 100s 156 156 U S Hoffman __ 2 20% 183 U S Indus Alcohol - 35' 32% S Leather vte 104 Bales— Add 00. H! h Low. Close 13% 2 133 16% 4 20 191, 14 26 241 208 115 1154 24 794 15 32 30 47 38y 12% 21 8115 13% u 1S Leather(A)vte. USL'h'rprpfbly. U S Pipe & Fdry(3). U S Realty & Imp US Rubber_ USR U § Smelting (b4) US Smeltof 334). Ussleelpfu) = U S Tobaeco (15)___ Unit Stk Yds (30c) - Utd Stores (A) Univ Leaf Tob (13) Univ Pictures1stpf Uti] Pw&Lt (A)(d). Vadsco Sales Corp. Vadsco SalesC pf__ 33 Vanadium Corp ___ Van Raalte (b1%) . Vick Chemical (712) x Va-Car Chemical Va-Car Chem 6% pt Va El & Pw of (6) . Va Iron Coal&Coke Va Iron C &C pt Virginia Ry pf (6)_ Vulcan Detin (a8) _ Vulcan Detin pf(7)_ Wabash (d) ___ Wabash pf (A)(d)_. Waldort Sys(t1.20) Walgreen Co (2) Walker (H) (2) Walker (H) pf (1) Walworth Co Ward Baking (A) .- Ward Baking (B) Ward Bak pf(b2%) Warner Bros Pict Warner-Quinlan(d) Warren Bros (d) __ War'n Brcv pf (d)_ Warren Fdy&P(11) Waukesha Mot (1) Webster Eisenlohr_ 15 Weils Fargo _____ 308 Wesson O&S (t50¢) 4% Wesson O&S pf (4). 2 West Penn E1 A (1) 1008 West Penn El p£(6) 1008 West Penn El pf(7) 230s 211013 West Pa Pwr pf (6) 280s 118 West Pa Pwr pf (7) 210s 8!3 Western Maryland_ 18 9y 15'; Western Md 2d pf__ 3 16%3 2i; Western Pacific 11 3mn T4 Western Pacificpf_. 50 83, 54 Westn Un Tel (3)__ 175 7% 41°x Westingh’'se A B(1) 92 167% 1301 Westhse c (b2) 87 170 West'se El 1st pf b2 70s 30% Weston El Inst b25c 274% Westvaco Chlor (1) 347y Westvaco 5%pf 135 15 2008 112" 1408 715 108 1126 708 79 108 121 98 70 12212 117% 10t 3l 18% 9 33 494 1974 183, 50% 103, 991 18 1% 93 90 3 96 1008 1141 1201 31 110 121 481 308 308 31 Wheel&L E pf(5%) Wheeling Steel ‘White(S S) Dental White Motor White Rk M S(1.40) White Sewing Mach vhite Sew Mch pf_ 4« Wilcox Oll & Gas Wilson & Co (50¢) x 114 Wilson & Copf (6). 11 Woolworth (2.40) Worthington Pump Worth Pump pf(A) Worth Pump pf(B). s Wrigley W ir (13) . 487, Yale&Towne(160¢). 20% Yellow Tr & Coach 123 Yel Tr&Cpf(bl%) 160s 126 377% Young Spr& W(t3). 16 40 101% 75 Ygstn S&T (b76c).. 172 88l 40% 31 Zenith Radio (b1)_. 45 35!z 334 35 9% 5% Zonite Products 41 6% 513 Bls—1 Dividend rates as given in the above table are the annual cash payments based on the iatest quarterly or half-yearly declarations. s Unit of trading less than 100 shares. + Annual rate— not including extras. aPaid last year. bPaid this year, d Companies reported in receivership or being reorganized. X Ex dividend. 10 124 377 81 84 124 CHICAGO PRODUCE. (CAGO. May 15 (.—Poultry, 22 trucks. auiet. “Hens over 5 pounds. B pounds’ and less, 16%2: Le 1313: fryers. colored. 25: White Rock, Plymouth Rock, broilers, ‘colored, ck. Leghorn! Springs, e 28: " Plymouth Toosters, 1%; horn_roosters, : turkeys, hens. 16: toms. 15: No. turkeys. 14: ducks. wm(e and coxorea, 4 pounds up, 16; smal geese. 11 Cre mery P "(90. centralized fresh graded ul storage-packed extras, storage-packed firsts. 22 e 238: total R stronger. - Tdans Russets, best quality large. steady: fair weak: supplies moderate, cked Der cwi. Idaho Rus- set Burbanks, U. 8. No. 1. -85, accord- 5% INTEREST GOISTRII&:II?I LOANS STRAIGHT 3-yr. LOANS Prompt Action en Applications Real Estate Mortgage & Guaranty Corporation K St. N.W. NAtL 1403 stock, weak. No, 65-90: mostly 2.8 Buttee xutnres “Close storage standards, Noyember, 2 xR futures, Storage n-cnd firsts, ing to size and quality. mostly 245-75:‘ Washington Russet tion grade. tains, U, commercial.” 2.0 T8 No. I and partly graded supplies Bliss 8. No. 2V4: refrigerator Pouw de A, Tutures, 2. Burbanks, 25: Maine Green Moun- 1yfew sales. 2.10: Tdaho " Ruseets, May combina- New England Fund Prospectus on Request A. S. GouLpey & Co,, INc. Woodward Bidg. NA. 2000 | /| U. S rth anoz: scobblen .90, moderate. e | Ma: er, | i First Mortcace Loans District of Columbia, Nearby Maryland and Virginia Homes Apartments Business Properties 5% Terms from 3 to 15 years Also Monthly Payment Loans RANDALL H. HAGNER & COMPANY INCORPORATED MORTGAGE LoAN CORRESRONDENT 1321 Connecticut Ave. N.W. Telephone: DEcatur 3600