Evening Star Newspaper, May 16, 1937, Page 72

G4 FINANCIAL. THE SUNDAY STAR, WASHINGTON, D. C, MAY 16, 1937—PART FIVE FINANCIAL : : WEEKLY SUMMARY OF THE NEW YORK CURB MARKET 1937 JUMP PREDICTED IN OIL EARNINGS Gain of at Least 33 Per Cent Is Expected by F. & B. Service. @pecial Dispatch to The Star. NEW YORK, May 15.—Increasing demand for petroleum products cou- pled with steady and possibly rising prices under proration, promise to meake 1937 another very good year for the petroleum industry with probably at least a 33 per cent increase in profits over last year, in the opinion of the F. and B. Industries Service, an analysis of 28 industries, published periodically by Fenner & Beane, New York Stock Exchange firm. The out- look for petroleum is one of the most favorable for any industry, according to the survey. First quarter reports indicate that last year's improvement in earnings s being extended into 1937, and sev- eral producing companies have re- ported increases in net of from 50 per cent to 75 per cent over the first quarter of 1936, the report states. Combined net income of eight major oil companies for 1936 totaled approxi- mately $128,400,000, as against $85,~ 600,000 in 1935, a gain of 49.7 per cent. “Today even the more conservative companies in the oil industry antici- pate that the 1937 result will be at least one-third better than in 1936, 19 2% 177% 119% 17% 14 140 131 32% 8% 24%, 1% 42 41y 47 8 35% 126% 136 5% 4 24 48%, 112’1 wccording to the service. WOOL TRADING QUIET AT BOSTON IN WEEK ‘Br the Assoctated Press. BOSTON, May 15 (United States Department of Agriculture). — New business in wool on the Boston market during the last week was extremely dull. Mills took delivery of new wools which they had bought on pre-shearing contracts, but few buyers were in the market for additional quantity. Nominal quotations on spot wools were inclined to ease through lack of current buying interest and increased weights of new wools offered. The easing tendency was more prominent on fleeces than on territory wools. Graded spot combing lengths ©Ohio wools were quoted 41-42 cents in the grease for fine delaine, 43-45 cents for staple combing half-blood and combing three-eighths blood and 42-44 sents for quarter blood. . SHIPMENTS UP SHARPLY NEW YORK, May 15 (#).—Trade sources reported first quarter ship- 427 110 3 127 134 10%, 158 8k 18% 3 51 ments of electric industrial trucks and tractors totaled 597 units compared | with 360 in the first quarter last year. Wheat (Continued From Page G-1.) with advances in corn and the sharp hog upturn this week, together with estimates that receipts would reach only 55,000 head here next week and the possibility of a decrease in local lard stocks the first half of the month., Grain mngp at principal markets: Prev. Close. | close. 13 Lans 'l Smitsantide 27 Chicago Minne'p'lis_1 14‘. | Kans. City 1 Winnipeg 1.307a 1.307, Liverpool—Closed “lotay! o 116% 118 1.1813-% inn'polis 28 ans. City 1 Winnipeg SEPTEMB! 4 whit Sov beans—No. 3 Sellow. 1.78-78%. Rye—No sales Barley—Feed, 70-85; malting, 1.00-28. Winnipes Cash Market, WINNIPEG. May 15 (P .—Cash wheat, No._ 1 Northern. 1.307s . % _Northern, N Northern, B, Onts! 8610 No 8 whits, Bt INVESTING COMPANIES NEW YORK. May 15 (P —New York Becurity Dealers' Association: Admin Pd 2nd Tnc - Am Business Shrs £ Am Gen Inc Am TIns Stocks Assoc Stand Oil Bancamer Blair = Bankers Nat Inv Corp asic Industry ritish Type Inv road St Inv ullock Fund Can Inv_Fund Central Nat Corp Central Nat Corp * Century Shrs “Tr Consolid Funds Corp Continental Sh ol Corporate Trust Corporate Trust AA D Tr AA mq pn pos Ins Shrs B’ versified Tr B iversified P | Gosp 2 S Do Sec Agriculture Bec Automobile Sec” Building Sec Chemical Sec_ Foo < Bec Invest Shra Sec Mininy Sec Peiroleun Sec R R Equip __ d PSS I~ PRl Bl 2D 2> SRIZ FuFZoa0a g Lpom o 139 High. WEEK ENDING SATURDAY, By the Associated Press. 37 Low. 8tocks and Dividends. Acme Wire vte (2) . Aero Supply (B) Ainsworth MfgCo(b25e) Air Device Corp = Afr [nvestors Inc Alr [nvestors Inc ww. Alr Investora Inc ov pf. Ala Great South'n(13)__ Alabama Power pf (6) Alabama Power pf (7). Alles & Fisher Inc . Allied Intl Invest Corp. Aluminum Co of Am___ Alumn Co of Am pf (6)_ Alumn Goods Mfg b25c.. Aluminum Ind (40c) __ Aluminum Ltd .. 1% 120 111 17 8% 98% 121 0% 2% 17% 4 Am Airiines, Inc __ Am Beverage Corp Am Box Board (b45c) Am Capital (B) 35 Am Capital pt (b75c) 33% AMCP &L A (3) 34% AMCP&L A ww (2X). 3% AMCP&L B (a20c) . 26% Am Cynamid (B) t60c_. 118 Am Dist Te| 126 4 21 18% 31 108 10 338 384 198, 24% 19 32% 1% 41 38 Am Equities (a22%¢) - Am & For Pwr war ____ Am Fork & Hoe (1) .. Am Gas & Elec (1.40) ... Am Gas & Eleo of (6) Am Gen Corp (a5/c) Am Gen Corp pf (2) Am Gen Corp pf (2%)_. Am Hard Rubber (al) _ Am Laundry Mch (80¢). Am Lt & Trac (11.20) __. Am Mfg Co (a3) Am Maracaibo Am Meter (b75¢)_ Am Potash & Ch(a2%). Am Pneumatic Service. Am Superpower Am Superpwr 1st nf(‘), Am Superpower pf ____ Am Thread pt (25¢) Anchor Post Fence Angostura-Wup (t20¢) - % Apex Elec Mfg (al) ___ Appalach El Pw pt (T)_. Arcturus Radio Tube. Ark Natural Gas. Ark Nat Gas (A) Ark Nat Gas cum pf Art Metal Works (80c) . Ashland Oil & R (140c) Ass0 El Ind Ltd b36 2-5_ Asso Gas & Elec_ - As30 Gas & Elec (A)._. As80 Gas & Elec $5 nf__ Asso Lanudries of Am_. Assoc Laun of Am v.t.c. Atlanta Gas Lt pf (8) SV; Atl Coast Fish (b35¢) Atlantic Coast L (a2%) Atlas Corp war e Atlas Plywood (1%4) ... Austin Silver_ Auto Products Auto Voting Mch (50c) - Axton-Fisher Tob (A)_. Babcock & Wicox (4) _ Baldwin Loco bd rts (d) Bardstown Distillers __ Barium Stainless Steel. Barlow&Seel ev A 1.20_. Beech Afrcraft 2 Bell Aircraft Bellanca Aircraft Berkey&Gay Furniture Berk & Gay Furn pur w Bickfords, Inc (1.20) Bickfords Inc pf (234). Bliss Co (E W) Bliss & Laughlin Blue Ridge Corp (bl5c) Blue Ridge conv pf( 3)_ Blumenthal (S) E Botany Cons Mills () .. Bower Roller Bear (2)._. Bowman-Bilt Hotels __ Bowmn-Bilt Hot 1st pf_ Bow-Bilt Hotels 2d pf . 4 Brazil Tract L&P(40¢) Breeze Corp Inc (a7ic)_ Bridgeport Gas Lt (2)_ Bridgep'* Mach (b25c) _ Bright Star Elee (B) ___ Brill Corp (A) Brill Corp (B) Brill Corp pf .. Brillo Mfg Inc (80c) .. Brillo Mfg (2) A 4 Brit-Am Oil coup (1) Brit-Am-T cou B (b55¢) Brown Co pt Brown Fence & W h30c x « Brown Forman Dis Buckeve Pipe Line (4)_. A BN&EPpf (1.60). 31, 5'- 105“ 1 6l 6y . Buff Niag&E't 1st nf(5) 100% 512 Bunker Hill & Sull new x Burco. Incev pf (3) . Cables & Wireless (A) . Cables & Wireless (B) _. Cable & Wire pf(a20) _ Canadian Car & Fdry pt Canad’'n Hyro E1 1st pf._ Canadian ind Alco (A)_ Canadian Ind pf (7) Canadian Marconi Capital City Prod (60c) Carib Syndicate (b50c) Carman & Co (A) (b1) Carnation Co (1) Carnegie Metals Caro P & L pf (T)_.. Carrier Corp Carter (J W) (80c) Casco Products (b23)_ Castle(A M) & Co (2) _ Catlin Corp of Am a40c Celanese Corp 1st pf {7 Celluloid Corp 39% Celluloid Corp pf 9314 Celluloid Co 18t pf (b2)._ Cent HG & E vtc (80¢). Cent Ohio Steel (b30c) . Cent Pwr&Lt pf b3.06% % Cent & Southw U Cent States Electric_. Cent StEI 6% pt _ Cent States Elec 7% of 14 Cent Sta Bl cv pf (new) 4% Centrifugal Pipe (t40c) 17 Chamberl'n MetWS t80c 13 Charis Corp (1%) 71% Cherry Burrell (4)_____ 110% Chesebroug Mfg (t4) _ 52% Chicago Flexible 8 (4) . 14 Chi Rivet & Mach b3oc .. Service pt (B)- 42 Cities Service pf BB 57% Citles Sve P & L $6 pf. 58 Citles Svo P&L $7 pf___ 9% City Auto Stpg (+60¢)_. 4 City & Sub Homes(30c) 87 Clark Controller (b50c). 28 Claude Neon inc - 40 Clev Eleo Illum (12)_. 10 Clev Tractor 4 Clinchfield Coal. 1 Club Aluminum Uten! 3% Colon Dev Ltd (The) 314 Colon Dev (The) 6% pf 18% Colo Fuel & Iron war 56 Colts Pat Fire A b37%c T4 Colum G & Kcv of (5) 6% Columbia Oil & Gas b20e 34 Columbia Pictures (t1) 107 Comm’'wealth Edis (t4) % Comwith & Sou war ___ 36% Commurity P&L 1st pf_ 26% Community Pub Sve t1_ 1% Community Water Sve.. 16% Compo Shoe M ste (t1). 16 Compo S M stc ext (11). 20% Cons Alrcraft 5% Consol Biscuit (GOG) T% Cons Copper 71 Cons G L&P Bo 144 116% mvss ADV. Aluminum Ltd cv nf(C) x123% J(5) __. 122 Am Dis Tel NJ cv pf(7). 127 MAY 15, 1937, High. Low. Close. 42 4y A 4 14% 2% 4 Th 28% 1% 17 9 21% 27 374 1% 128 47 1% 634 T 3y 4 15 1813 179 52 ll(% . Low. Stocks and Dividends. 13% Davenport Hostery (1) 19% Dayton Rubber Mfg_ 1235 Dejay Stores Inc t80c_ 69 Dennison Mfg 1% of ... 5% Derby Oil & Refining __ 76 Derby Oil & Ref pf (b2) };K Detroit Gasket (t1) 13 Det Gray Iron (t20c) 5% Detroit (Mich) Stove 8 Det Paper Prod (t26¢) _ Detroit Steel Prod b25c_ Distilled Liquors Dominion Stl&Coal (B) Douglas (W L) Shoe pf Dow Chemical (3) ... Draper Corp (12.40) .. Driver Harris (1) _. Driver Harris pf (7).. 84 Dubllier Condenser. Duke Power (3) _ Duval Tex Sul (a50c) . 17% Fagle Pitcher Lead b10c 57 East'n Gas & Fuel Asso 42% East'n G & F Asso pf(3) 657% East’'n G&F prpf (4%4). East'n Malle Iron a1.30_ Eastern States Power __ Eastn States Pw pf (A) Eastn States Pw pf (B) Easy Wash M (B) b25c_ Economy Gro Strs b25c.. Edison Bros Stores b75¢ 4 Kisler Electric ( Elec Bond & Share Elec Bd & Share pf (5).. Elec 84 & Share pr (6)_ Elec Pwr Asso (a25c) - 5% Elec Pwr Asso(A) a25c. T% Elec Pw & Lt opt war.__ 55 ElecPw& Lt2dpf A__. 3% Elec Shareholding .___ ao‘,. El Sharehldg pf ww (6). Elec Shov Coal part pf_ 3% Electrol, Inc v.t.c. 3214 Elgin Nat Watch (b30¢) 65 EmpireG & F 6% pt Empire G & F 61 % _. Empire G & F 1% pf___ Empire G & F 8% nf Empire Power pt (hi0c) Emsco Derrick ‘1) Equity Corp (a25¢) Eureka Pipe Line (4) Burop Elec Ltd deb rta_ Evans Wallower Lead._. Evans Wall Lead pt_ Ex-Cell-0 (b20c) - Fairchilds Aviat'n al5c. Falstaff Brewing (£175) Fanny Farm Candy (1) Fansteel Products __ Fedders Mfg Inc h25c_. Ferro Enamel (b75c) Fidello Brewing Fire Asso (Phila.) (12)_ First Nat S 18t p€ (7). Fisk Rubber Fisk Rubber pf (6) Florida Pw & Lt pf _ Ford (Can) Ltd A(1) Ford Mot Ltd a18 1-10¢ #ranklin Ravon (afc) - Froedtert G & M (20c) FroedtertG&M ev pf1.20 3 Gen Alloys = 184 Gen Fireproof (b25c)___ 1% Gen Invest Cory 742 Gen Pub Service pf (6)- 1% Gen Rayon Ltd (A) 16% General Telephone b2c 49 Gen Telcv pf (3) 18% Gen Tire & Rubber 11 Gen Water Gas & El 80c 75 Georgla Power of (6) 815 Gilbert (A C) (a621;c)_ 40 Gilbert (A C) pf (2%3)_. 11 Glen Alden Coal (t1) 41 Godchaux Sugar A (b2} 26 Godchaux Suger (B) ' Goldfield Cona 5 Gorham Inc (A). 3313 Gorham Inc pf ww _ 217 Gorham Mfg vtc ext t1_ 24 Grand Nat'l Fflm Co 12% Grand Rapid Varnish (1) 1413 Gray Tel Pay Sta (1) 97 Grt A&P Tea n-v (16) .. 121% Grt A&P 1st pf (7) 874 Great North'n Pap (11) 8%, Greenfield Tap & Die 4 Grocery Str Prod Co % Guardian Investors 51% Gulf Oil of Pa (b2ic) 4% Hall Lamp (80c) 1% Hartman Tob Co Ino 2'a Harvard Brew __ 11% Hat Corp (B) 80c 16% Hazeltine Corp (b75c) 15 Hearn Dept Stores b1.65 47 Hearn Dept St 6% pf(3) 15% Hecla Mining (b4ic) 7 Heller(W E) & Co t40c_ 397 Heyden Chemical (t2)_ 36 Hires (CE) A (2) 26% Toe & Co, Inc (A) 11 Hollinger Gold (165¢)_- 19 Holophane (b30c) 85% Horn & Hardart (12) 27 Hudson BM &S (1) Humble Hussman-Ligonier ( Huyler’s of Del Iac(d) Huylers Del pf stpd (d) 3% Hygfade Food Products 45% Hyerade Sylvania (3)__ 9ta Tllinois Towa Pow 29 IllTowa Pw pf (213) 9% 111 Towa Pw d ct 281 1llinof e 20% [mp Oil Ltd cou (t60e) - 20% [mp Oil Ltd reg (t500)_ 23 Indiana Service 6% pf. 24 Indiana Srv 7% pf 2% Indian Terr [11 Oll (A) 8 Indian Terr [11 Oll (B)_ 7% Indiana Pipe Line b30c 92 Indianap P&Lc pf(8%) 12% Industrial Fin7% pt _ 6415 Insur Co of No Am(2)_ 23 Intl Cigar Mach (+2) 2% Int Holding & [nv Ltd_. %4 Intl Hy El Sept A war . 25% Int Hydro El Syscv pf_. 18% Int'l Metal Inc A 33% Intl Petroleum (f114) 36 Intl Petrol reg (11%)__. 6 Intl Products _ 16 Int Utilities (A).. 1% Int Utilities (B).. & Intl Util war % Int'] Utilities war (ne Gl Intl Vitamin (50c) __ 341 Interstate HM (t215)_. 11_ Interstate Pw Del pf % Investors Royalty (16c) 20% Iron Fireman vte (1.20) 11% Irving Atr Ch (1) % Italian Superpower (A) & [tallan Superpw db rts. 13% Jacobs (F L) Co (1) 81 Jeanette Glass (a60c) __ 78 Jersey Cent P&L pf 5% 84 Jersey Cent P&L pf (6) 5% Jonas & Naumbg (blsc. 90% Jones & Laughlin Stee) 111% KanG & E pf (7) o 19 Ken Rad T&L (A)aT5c.. 70 Kings Co Ltg pt B (1) {ings Co Light D (5)__. ingston Prod (40c) irby Petroleum (20c) 60 57 65 29%, 15 vh s6% & T 21% 18% 61y 8 1944 121 14 36 % 674 112% 10 T24% 391 22 6% 88 1w 17 High. 1374 23y% 18 84 T 80 18 Detroit Gask pf ww 1.20x 184 13% 5% 37 25 243 14 1€ x102 x121% 4013 x 174 T 41% 50 104 20% 13 30 21'a 213 25y 25 2% Bl 12 93y 124 677y 234 28, 2 2819 5y 37% 121y [ 8y 8% 854 6% 106 113 20 74 46 Kirkland Lake G Ltd 6cx 1% Klein (D E)(t1) Kleinert Company (60c) Knott Corp'n (b10c) Kobacker Stores (2 Kopp G & C pf (6)_ Kreuger (G) (1) _ Lake Shore Mines (14)_ Lakey Foundry & Mch Lefcourt Real pf (a75c) Lehigh Coal Nav (30c)- Leonard O11 Lion Of1 Refining (1)_—- Lit Brothers __ Locke Steel Ch (f Lockheed Aircraft 1813 11% 18% 22% Net. Low. Close. Chge. - % -1 -1 -5 -1% -8 -2 -1% - % + W - % -1 + % - % -3 -9 -1 1937 High. Low. 18% 12 1% 1 8 6% k4 4 2 1% 90 71 14% 10 4% 3% 13 27 43 334% 98 90 118 114 16% 12% 11% 8y 4% 3w 157 138% 87 29% 44 34% 8 3% % 6 1551, 140 2815 22 44 29% 14% 314 Stocks and Dividends. Mich Steel T Pr (b25c). Michigan Sugur =4 Michigan Sugarpt __ Middle Sta Pet vtc (A)... Mid| Sta Pet vte (B) Midvale Co (b75¢)_ Midwest Oil (+1)____ Mid-W Abrasive (al0c) Mining Corp of Canada Minn Min & Mfg (bd0c). 34% Minn Pwr & Lt pt (7)__x 90 Miss River Pw pf (8)_.. 114% Mock Judson (60¢) __. 13% Molybdenum Corp 9% Monroe Loan Soc A 32¢. 8% Montgom Ward A (7)__ 14214 Montreal L & P (1%) 304 Moodv’s Inv S pt pf (3)_ 351 Moore Distillery 4 Mountain Prod (60c) x 68 Mount States T & T (8) 141 Mur Ohfo Mfg (b30c) __. 2314 National Auto (b1) _ 12% 1% Nat Bella Hess Nat Bond & Share bs0c National Container (1) x Nat Fuel Gas (1) Nat Leather Nat Mfg & Stores Natl Oil Prod (60 Nat Pw & Lt pf (8) 4 Nat Rubber Mach(a20c) Nat Service Co Nat Service Co pt Nat Sugar NJ (2 Natl Transit (hi5e) t Unton Radlo Navarro Ofl (40¢c) Nebraska Pwr pf (1) Nehi Corp Neisner Bros pt (1) _ Nelson(Herman) a45c) eptune Meter(A) aé0c Nestle Le-Mur - Nevada Calif Elec New Eng Pwr As pf(6) _ New Haven Clock (133) w Jersey Zine (12) Mex & Ariz Ld (al Newmont Mining( New Process Co (12) Y /uction (a25c) Y & Honduras (b75c). Y Merchandise (80¢) q Y Pwr & Lt 6% pt(8) 7% N Y Pw & Lt of (7, N Y Shipbuilding Corp_ NY Tel of (63%) g N Y Water Servic pf iagara Hud Pwr new__ ag Hud Pw (A) war _ iagara Hudson B war_ iag Hud 18t pf (5) iag Shares(Md)B aé0c Niles Bem Pond (b30c) _ iptssing (50¢) Noma Electric (b40c) __. North Am Lt & Pw ___ North Am Lt & Pw pf North Am Rayon A h50c North Cen Tex Oil (30¢) North Europ 01l Corp Nor Ind P'S 6% pf b3 - 1163 13% 16 pLY 14 8% 22 821y 27 108, 1 Pipe Line 75¢ x 111 ates Pwr A 24k Elec 6% pf _ thwest Eng (hi0e)_. Novadel A a2 Ohio Brass (B) b7 2 Ohio Edison pf (6) « Ohio Otl cu pf (6) Ohio Power pf (8) Ohio Pub Sve 1st pf(6)_x 103 Oil Stocks L.1d (140c) Oklahoma Nat Gas Co Okla Nat Gas Co pf Oldetyme Distil Overseas Secur (60c) __. PacG & Epf (1.37%) __. Pac G & K 1stpf (1%3)_. Pac Lighting pt (6) Pacifi ublic Serviee Pacific Tins spee (+2 Pan-Am Airways (t1)__ Pantepee 01l : Param’'t Motors Corp__ °r Pen (2) gue Plymouth a7 Pender (D) Gr (3151 A_ I’ender Groe (B) aile__ Teninsular Tel (1.60)__ Peninsular Tel pt (7) Pa Cent P&Lt pf (2.80) Pennyord Cor Penn Traflic (t15¢) __. PPenn Gas & Ziec(A)1% Ta Pwr & Light 6% pf Penna Power & Lt pf(7) Yer RILIOIY L at &POW (4) . Pepperell Mfg (16) - Perfect Circle (12) I'hila Company (bi5c) . Phillips Packing (a50c) Phoenix Secur Corp Phoenix Secur pf A (3) Pierce Governor (bl5c) Pio| Gold (40c) Pitney Bowes (f40c)___ rittsburgh Forging Pittsbgh & 1, 12 (h414) Pittsh'gh Plate G (b1) 4 P'leasant Val Wine (b5) » Plough Inc (1.20) ______ Potrero Sugar Powdrell & Alex (160c) Pow Corp of Can (aZ5c) Pratt Lambert (a2) Premier Gold (t12e) Pressed Metals (12) Producers Corp _ - Propper-Mctallum (d)- Prosperity Co (B) all, Prudential Inv (a50c) . Pub Sve Col 6% pf (8)__ Public Service ind pf __ Pub Service Ind pr pt Pub Sve No Hin p (3 Puget 'd P&L pf (b3) - Puget Sound P&L $6 pf. Pyle National (b30c)___ Pyrene Mfg (ad0¢) Quaker Oats (3) ______ Quebec Power (1) - Rwy & Lt Secur (a1.55) Rallway & Utll Inv (A) Ralnbow Luminous (A) Rainbow Luminous (B) Raymond Concrete (11) Raytheon M{g v.t.c.___. Red Bank Oil Reed Roller B new t80e. Reeves (Dan) (50c) Relter-Foster Reliance EI&En Co teybarn Company b Reynolds Investng Rice Stix Dry G (bs0e) .. Richmond Radiator _ Roch Gas & El pf D(6)_ Roosevelt i'feld Inc Root Petroleum (b23c)— Rossia International Royal Typewr (b75¢)__. 12% Russeks Fifth Av (50¢) 12 Rustless iron & Steel __ 4 Ryan Consolidated 4% Ryerson & Haynes _ _ 114 Safety Car H & Lt(bll “ St Anthony Gold _____ 15!; 94 St Lawrence Corp. 113 8 St Regls Paper.__ 1174 102!x St Regis Paper pt = 6 5% Samson United Corp'n_- 23 4% 13 9 5 oc 98 215 5% Y 90 8 141 b " High. Net Low. Olose. Chge. 127 12% = % 18 1% % 8% 6% 5 1937 High. Low. Stocks and Dividends. E 3 Savoy Oil 37% Schiff (The) Co (13) 38% Scovill Mfg (b50c) Scranton Spr B Wat pf_ Securities Corp gen._._. Segal Lock & Hdw. Seiberling Rubber.. Selby Shoe (1.60) Selected Industries _ Select Indus cv b37%c_. Select Ind all ctfs (6%) Select Ind prior pf(6%) Sentry Safety Control .. Seton Leather (a50c) Seversky Aircraft Corp Shattuck Den Min Shawinigan W & P(80c) Sher-Williams (14) __ Sherwin Will pf (5¢) .. . Simmons Hard & Paint Singer Mg Co (16) Sing Mf Ltd rc= a28 %c Solar Mfg Co (b10c) Sonotone Corp (al0c) Soss Manufacutring 50c South Penn Oil (11%) SouCal Ed ptpf (13) . South Cal Ed of (134 )B. SouCal Edis pf C (1%)- South Colo Power (A)_. Sou New Eng Tel (7) South’n Pipe Line h20c . Southern Union Gas Southland Royalty b10c Spanish & General rets._ panish & General (B) . Spencer Chain S (b75¢) s Standard Brewing Stand Cap & Seal (11.60) Stand Cap & S pf (1.60) x Standard Dredging Stand Dredging cv pf.. Stand Invest cum pf _ Standard Oil Ky (t1) Stand Oil Nebraska b25¢ Stand Ofl (Ohio) (r1)._ Stand O11 Ohlo pf (6) . Stand Pw & Lt _ Stand Pw & Lt (B) andard Products(b25e 20 Stand Silver & Ld (4c) Stand Steel Spr (a21) - Standard Tube Co (B) Std WholesaleP&A 1.20 Starrett Corp v. Stein (A) & Co = Sterchi Bros Strs x30c_ Sterling Alum (b25 Sterling Brew. erling, Inc 124% etson (J B) (b30c) » Stinnes (Hugo) d. 2 3 Stroock & Co (2) 874 Stutz Motor Car 124 Sullivan Machine Sun Ray Drug (t80c) ._. Sunray Oil (bic) Sunray Oil cum pf(2% Sunshine Mining (3) 3 Superior Portld Cem B_ Swan Finch Ofl Swiss Amer Elec pt_ Taggart Corp Tampa Electric (2.24) . " Tasteveast Ino (Del) A Taylor Distillers (30c) Technicolor, [ne (a30c) Teck Hughes (T40c) _ Texon Oil & Lnd (60c) - Thew Shovel (a50c) .. 4« Tilo Roof Inc (1) = Tobaceo Prod Ex (15¢) Tobac Sec Ltd a59 4-5¢_ Tobacco Sec def Todd Shipvard (+2) _ Toledo kxdison pf (6) x101 Toledo kdison pf A (7) x105 Tonopah Belmont Tonopah Mining (a6c) Trans-Lux D P S(120c) Transwestern Oil Co_ Tri-Contl Corp war Triplex Saf Gl (new) _ Tubize Chatilli ubize Chat (A) 5 Tune-Sol-Lamp Works Tung-Sol L: 2 pf 80c_. Ulen & Co 712 % pf Unexcelled Mtg Union Gas of Can (50c) nited Alr war nited Chemical nited Corp war Unit Gas Corp td Gas war 21 4 United Gas Corp pf han x1141y 2 United ".t & Pw pf (A) 6%, UniteC L1 & Pw (B) __. 6l United Lt & Pw of 47 United Milk Prod (2) —%| 56 - W ) -1 1091 9% 1111, 38 1 4%, United Shinyards(B) _ United Shoe Mach t214 United S Mach pf (1.50) US Foil (B) (1) U S & Int] Secur US & Int Sec 1st pt b2 15 US Lines pt U S Playing Cards (t1) 4 U S Radiator - U S Rubber Reclaim_ U S Stores United Stores vtc United Verde Ext (1) United Wall Paper Universal Corp v.t.e. __ Universal Prod (b30c) Utah Pwr&Lt pf b871z¢ Utah Radio Products _ UticaG& Epf (7) _ Utilities Pw & Lt (d) Utilities P& L B (d) .__ Utilities P & L pf (d) __. Utility Equities Utility Equities pf b4 1g Utilities & Industrial _ Util & Indus pf (new)_. Valspar vte Valspar pf vte _ 2 Van Norman Ma (40c) _ Venezuela Mex Of1 Venezuela Petroleum Va Pub Sve of (7) __ Wagner Baking vte(b40¢ Walker Mininz Wayne Knitting Mills . Wayne Pump (b1! Weisbaum Bro Brwr 40c Wellington Oil of Del Wentworth Mfg (blic)_ W Va Coal & Coke - Westn Air Exp (a25¢) s+ Westn Auto Sup(bdoc) Western Md pf (a7) Western Tex Ut pf (6) .. Williams O11-0-M a50c_ Williams (R C) 60¢) __ Wil-Low Cafeteria Wil-Low Cafeteria pf Wfllson Products t1)_ Ison-Jones (new) \\ isc P&L pf (b1.313%) Wolverine Portl'd Cint Wolverine Tube (b20c) - Woodley Petrolm (t40c) Wool (F W) Ltd (b4lc) Wright Harg (t40c) 8014 Youngst'n Steel Db11; _ LE Yukon Gold(al3c) Dividend rates in dollars annual paymen mulated dividen, 3% a Paid last year CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS Hanes, P. H, Knitting Co. declared extra dividends of 10 cents a share and reguler quarterly dividends of 15 cents a share on common and class B common stocks, payable June 1. On March 1, 1937, extra dividends of 5 Al | cents were distributed on each class. & 5 T+ 1+ 001+ " W % {56 i I -t Y% % " -% -2% -t 4 -2 + % S —25 2%~ b 24 based on last quarterly or semi- tAnnuai rate—not including extras. b Paid this year TAccu- d Com- banies reported as being in bankruptcy or In receivership. er | being reorganized under the bankruptcy act. or securities aa- d by such companies. CHICAGO LIVE STOCK. CHICAGO. May 15 (.— (United States Department of Agriculture.)—Hogs, 2,00 including 1,800 direct: very litie on practicaily ‘nothing good_or choice: inally steady with an $11 same as Friday. shibpers took none: esti- mated holdover. 300: comparec 50 to 65 higher: week’s top. ing_top. 11.00. Cattle, 100 calves. 100: compared Fri- day last week: Good and choice fed steers and yearlings. 50 higher: as much as 1.00 over “last week's low time: common and medium grades, biggest advance le, nom- nominal top. | a d wi 11.00; reucies were higher in terms of the dollar | in’ all centers today. | Ba 00% of & 28O | up clos- | proved closed (0% of a cent higher. FOREIGN EXCHANGES. NEW YORK, May 15 (#).—Foreign cur- bonds. The British pound sterling rallied Y of | cent in New York. French francs gained cent. German marks bounded of of, & cent. Holland guliders im- 02 of & cent and Swiss francs e Federal, Reserve Bank reported g engagements dbroad totated $3 921 006 10 | England. Closing_rates follow (Great Britain in FEDERAL LAND BANKS NEW YORK. May 15 (P).—Federal Land Bid. 10312 10115 1025 101 % 109 102 100%2 10013 1003 Asked. 104 Technicolor. Inc—President esti- mated that net profit in the first quar ter was about $165,000 before taxes, & material gain over results in the 1936 first period. For full year 1936 | company showed net of $482,114, equal to 65 cents a share. It was stated | Technicolor has signed contracts for two fllms to be made by Warner Bros, |and two by Paramount and that in the neighborhood of 18 or 20 feature films in technicolor probably would be made this year. Footage now is run= ning materially in excess of the 40,= 000,000 feet produced in 1936. Warner Bros." Pictures, Inc.—Vita= phone division of company will ree | lease 134 short subjects during 1937« 38 season, including 20 cartoons in technicolor and six two-reel picturcs | in technicolor. Continental Gas & Electric Corp. | preferred share earnings, 12 mon®:s | ended February 28, were $23.30, * | against $18.51. w | Y | North American Light & Power Co. preferred share earnings, 12 months | ended March 31, were $3.18, against | 65 cents. | Philadelphia Co.—Net income bef subsidiary preferred dividends minority interest, in 12 months enccd March 31, was $8,745,556, against $8 276,512. United Gas Corp—Preferred sha a earnings before surtax of parent con - | pany only, in 12 months ended Febru= ary 28, were $8.01, against $4.35. | Commercial Credit Co—Stockhoid- ers of Gleaner Harvester Co., 56 per | cent owned by this company, ap- | proved a two-for-one split-up of tha capital stock, increasing shares oute | standing from 129,732 to 259,464. North Central Texas Oil Co.—March quarter common share earnings, befora | Federal Taxes, were 11 cents, against |5 cents. | Panhandle Eastern Pipe Line Co.— ‘ Company has requested Securities and Exchange Commission to permit w1 drawal of its registration statem: covering 164,000 shares of no par com- mon stock. It had been proposed 1o offer these shares for subscription to stockholders of Missouri-Kansas Pipe Line Co. at $25 each Brill (J. G.) Co.—It was said strize of 1400 employes of company was ended by wage increase and recogni- tion of their union. International Great Northern Rail- road—March quarter deficit was $650,- 253, against deficit of $722.350 Minneapolis & St. Louis Railroad— March quarter deficit was $813.072 against deficit of $774,571. Missour: Pacific Railroad—Ma quarter deficit was $2,319.265, aga deficit of $3.048.769. Neisner Bros., Inc.—Company called for redemption on June 14 all out- standing 7 per cent cumulative con- vertible preferred stock not deposited pursuant to exchange offer, dated April 26, at $115 a share plus 86 cents accrued dividend Woolworth, F. W., & Co, Ltd—It was stated that directors of company declared an interim dividend on ordi- nary stock of 9d a share, less tax, on capital, which was increased by 100 per cent in November, 1936. This compared with 1s 6d a share on old capital, Calamba Sugar Estate—Declared an extra dividend of 60 cents a share and regular quarterly dividend of 40 cents a share on common stock, payable June 1. On April 1, 1937, a similar extra dividend was paid Roxy Theaters Corp.—Special Mas- ter A. S. Pratt recommended approval by Federal Judge Caffey, New York, of the proposed amended plan of re= organization for Roxy Theaters Corp., under which control of the company would be obtained by Twentieth Century-Fox Film Corp. Master sug- gested that the proposed plan be amended so that general creditors to the Roxy equity receivership proceed- ings, whose claims total $69.182, would be paid in full rather than the 50 per cent adjustment proposed. Brazilian Traction, Light & Power Co., Ltd.—Declared a dividend of 50 cents a share on common stock, pay- able July 10. On January 30, 1937, a dividend of 40 cents a share was distributed on this issue Public Service Electric & Gas Co.— Chairman of a protective committee has approved plan presented by th parent company for merger of prope! ties of seven New Jersey utilities now operated under lease. OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM’'S FURNITURE HOUSE 1416 Eye St N.W Phone NA 2184 . S ears of E.rpnuua in L etterpress o Offser PRINTIHG' ’ o Invitemodern '!Mtlrnl orinting’ *pr ”""",,-; y Free ent]” nighe ", tesy "CTYice. esti 2% Consol Gas Utilities Cor 1 Consol Gas Utilities war 7% Cons Retatl Stores 135 1183 Consol2Ret Strs pf(8)_. 3% 2% Cons Royal (20¢) 17% 6 Consolidated Steel Corp 86 Contl G& K propf (1) _. 17% Cont’l Roll & Stl Fary. 11 Contl Securities Corp._.. 16% Cook Paint&Var(t60c). 227% Cooper Bessemer 52 Cooper Bess pt A (af 0¢) 10 Copper Range 84 Copperweld Steel hflflc.. 8% Cord Corp 86 Corroon-Rey pf A bl% 1% Cosden Oil exrts _ 1 Cramp (Wm) & Sons ___ 28% Creole Petrolm (a50c).. 12 Crocker-Wheeler(al0c) 55% 65 May Hosiery ww (4) % Croft Brewing . 7 121 101% Mead Johnson (t3) 7% Crowley Milner. _ ..___ 7 1% Crown Cent Pet (a6c) . 53% 12% Crown Cork Intl A(1)_ 11% 8% Crown Drug (b20c) .. 80% 7 Crystal Ofl Refining.-_.. 2% 6% Cuban Tobacco vtc ... 2% 43 Cuneo Press, Inc (2)___ 5% 5 IOE% 106 Cuneo Press pfd (634).. % % Cusi-Mexicana Mining.. 3% l!!fi 12% Dardy Petrol (l“)-.« 1% ¢} Lone Star Gas (80c) Long Island Lighting _. Long island Lt pf A(7). Long Isl Light of B (6). Loudon Packing - Louisiana Land (40c)- 1% Luck Tiger (t12¢) _ 5 Ludlow Valve Mfg 88 Lynch Corp (12) - 7 MoCord Radiator (B) _. 256 McWilllams Dredg(t2). 3% Majestic Radio & Telev. 7% Mangel Stores 60 Mangel Stores pt (5)_. 17 Margay Oil (1) _ 13 Marion Steam 8hovel 8 Mass Utilities Assoc 8% Massey-Harris __ 18 Master Electric (1) .. | " Potatoes. ~ 70 weaker. " Sacks, {Bounds. No. i Upstate New Vork.' roun fair quality and condluon Long Island Green Mountain. 1.50-2.05 ine Green Mountam, 1 a1 ermany. | 180 poun M Grey el 1,::“»' ds. No. 1 Maine kinds now selling at 10.50 upward: light-weight ~ steer run: killing quality less desirable than week earlie upturn_stimulated by supply abridgme at all markets following last week's break intensive field work expected to curtail TUNS Over mext two weeks, but sharp ad- vance mly attract cattle: fed and grassy heifers, 25 higher: beet cows stead Rrasey cutiers weak to 25 lower: bulls 50 off and vealers 75 down: top !“35 -pound steers. lh 00 little lboVE 50: best yearlings. 13.00: light heifers, 10750 package heavy heifers, 13.00; most Sheep. '9,000: including 9.000 directs. For week ending day. 13.000 d]l&ts Comgflred Filday last week: Fa loman, 50 higher; Spring lambs, | 50-75: S0 pastaar week's extreme to) Paave. snrin‘; lambs, fornias. 12 dollars, others in cents st Britain, demand, 4.94%: ). ON IMPROVED REAL ESTATE At % Monthly Payments If Preferred Construction Loans District of Columbiq nd, able: D emmanids ek, 10 free. 40.19; " registered, Gio: | Holland, '54.95 weden. 25.49; 'Denma; 9; s-uurlnnd 22.8 EEF R ok SAESEION DAORBRD Do Lo S ooain itk DDA DD ER "1, dellvered sales. Florida Spa 00, oCloth topped barrels. olina Cobbler, -5.00 ing Rose, No. ‘1 South Poland. 19. m:. 9;' "Yugoslavia, ~ 2.3 ry. 10.80; Rum-m:‘ 8.80 EREF RS SR e LB R bt b 25 0.73; "Mexico City, 27.8 }’JewJYgl;{te. 4100-16%; New York in Mont- rea) minal. Free to Executives 16 Bank and Trust Company Statements A reprint of reports of condi- tion of 16 Banks and Trust Companies of Washington, D. C., as of March 31, 1937, which appeared in The Evening Star. Invaluable reference booklet. Free on request to Executives and Investors. Ad- dress Advertising Manager, The Evening Star o) 190 213055 CODMAD o j: top waoled buik of week's 5 extreme top clipped 5,10.36-10.75 mostl 4.00-5.01 Money for Construction Loans 2 DD IR R B IS BAASRDEIR an Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGE L. BORGER —-- 116% 5% Memphis Nat Gas (bl0cx 5% 39 Mercantile Stores (b3) _ 5% Merritt Chap & Scott 55 MerrittChap & Spf A _ % Merritt Chapman(war). & Mesabi iron = 2% Metal Textile (400)_ —— 2% Mexico-Ohio Ol 2 Mich Bumper Corp'n... 2% Miehigan Gas & Ofl..... » -1 FIRST TRUST LOANS Reasonable Rates and Commissions Tyler & Rutherford, Inc. 1512 L Street N.W. Natienal 0475 C BOB IR BAS DA & % &+% 13% 12% 12% -l