Evening Star Newspaper, May 19, 1937, Page 15

FIN -CORPORATE BONDS MOVE UNEVENLY Junior Carriers and Few In- dustrial Convertibles Score Advances. Bond Averages 10 R, Net change. Unc. ‘Today, close 93.0102.6 97.9 Prev. day-.. 93.0102.8 97.8 Month ago. 94.2102.9 99.8 Year ago_.. 91.5102.4101.2 1937 high .. 99.0104.4 1028 1837 low... 92.6102.4 97.8 1936 98.2 104.4 103.1 1936 86.9101.8 99.3 67.6 1932 458 400 646 422 1928 high ._101.1 98.9 102.9 100.5 10 Low-Yield Bonds, Close ____110.3 Prev. day- 110.0 Month ago 109.2 Year ago. 111.8 1937 high_ 113.7 1937 low.. 108.4 1936 high. 1135 1936 low.. 110.2 1928 high. 104.4 1932 low.. 86.8 10 05 73.0 (Compiled by tne Assoclated Press.) By the Associated Press. NEW YORK, May 19.—The bond market was mixed today, with junior rails and a few industrial convertibles accounting for most gains. American Typefounders convertibles moved up more than £ on small turn- over. There was considerable activity in Great Northern 4s, 1946, and Ches- apeake Corp. 5s and each showed a gain of around a point. Studebaker and International Hydro-electric loans ‘were lower. United States Governments were mostly lower, with losses ranging from 1-32d to 6-32ds of a point. DIVIDENDS ANNOUNCED NEW YORK. May 19.—Dividends de- gared ( (prevaed by the Standard Statistics | Resumed. reehGs Stock of Pay- | Rate,riod. record. Mich Cities Nat Gas T | Extra Monarch Mach Tool__15¢ a Increased. Milnor Inc Calumet & Hecla__ k Year End. | Dow Chemical b | Paraffine Cos _ 2a 6 5 | Vnited Verde _- Aceumulated. Kresge Dept S ac pf $20 ®itts Brew $3.50 pf _ boc Sthn Colo Pyr h Um Bt -oeeo 21,00 ---$1.50 o 6-19 6-19 | 6-19 | Alb & Susa R R -1 | 9 Amer Enkn COID 0! Cons_Hisc 2 | Duqunsne Ll .fi"» 1pt ‘| Kansar Utdl 77, of Lord & Tavlor €6 .l Magnin I'& Co eiop SRt ' s\nh-mnd “Paper 0 | n Co -15 0 vns Pub se Wxs Puh snv | FEDERAL LAND BANKS NEW YORK. May 19 (#).—Federal Land Bank bond: Bid 10315 10115 10285 101t C 109 100 1001 100! 10072 Asked 10035 | 1003 CHICAGO PRODUCE. | | CHICAGO. May 2, cars. 47 trucks, s, 147 Whi 19 (). —Pouitry. live, steady to Arm: hens | pounds and less, | {ryers, colored e bareback fry- | DarebACK Springs. . Tosstose. | Leghorn_roosters. 11: turkeys, hens, 16: toms. 15: No. 2 turkeys. 13: ducks. white and colored. “4!> pounds up, 16 small, 14 weese 11: Springs, colored. Plymouth’and White Rock, 28, ‘Butter. O et 8 oka s 300 unsettled: extra 21%2: fresh graded I 20%: cars, 2i: current re- ceip lsfl.k éubnzz Dacked extras. 22%a; storage packed firsts, 221 on track. 303: total U. 8. Old stock ‘steady: supplies nd, moderate: sacked, per cwt. Russet Burbanks. U. § 2.40-75. according to size: Colorado. Mus: i . 1 and party U. 8 _No_ 1. | French Gov 74841 | Oslo 43z ANCIAL. "rfl"“mm‘“mm- TIIASURY High. Lo 97.15 97.11 97415 102.6 1024 1024 100.12 100.8 100.9 99.16 99.12 99.16 99.13 99.10 96.11 100.14 100.10 100.12 103.24 103.23 103.23 102.13 102.10 102.18 104.11 104.8 104.11 1045 104.5 104.5 104.1 104.1 104.1 106.12 106.12 108.12 105.30 105.30 105.30 . 105.24 105.24 105.24 33%s1940-43June 106.18 105.16 105.18 338 1943-47____ 106.18 106.12 106.13 8%31946-56.__. 109.6 109.5 109.5 48 1944-54 110.30 110.30 110.30 4% 81947-52____ 115.8 1164 1154 FEDERAL FARM MORTGAGE. 351047 102.21 102.21 102.21 381949 101.30 101.27 101.30 335196 102.18 102.16 102.16 HOME OWNERS' LOAN. 2148 1942-44_ 99.13 99.13 99.18 2%81939-49____ 100.1 99.80 99.30 381962 101.21 101.17 101.21 FOREIGN BONDS. High. Abitibi Pa&Pw b8 '63. 100% 100 100% Antioquia 3d 78 '57 124 1 Antwerp bs 58 100% 100% 4 98% 98% 101% 101% 100 100 100 101% 101% 10114 101% 100% 102 101% 107 108 21% 36 36% 40% 46'% 2% 1007 102% 30% 2%8 194RE8___ 2% 81945-47___ 2% 8 1948-51_. 2% 8195154 2%81956-59 .. 2%81965-60.... 3148 1946-49_ 3345 1946-49 reg. Low. 2:88. Argentine 6358 B _ Argentine 6359 June Argentine 6359 Oct .. Argentine 65 '60 May. Argentine 65 '60 Sept. Argentine 63 '60 Oct Argentine 65 '61 Febr Argentine 6s°61 May. Australia 4148 ‘5 Australia 6s'55 Belgium 6s ‘55 Berlin Elec 6; Brazil 8345 '26- Brazil 6148 Brazil 78 '52. Brazil 8s 41 Breda Ernesto 78°'54_ Brisbane 5857 Brisbane 65’50 Budapest 6562 Buenos A C 3s ! Beu A 414-4%8'77 Pv. Buenos A 4148’76 Aug Buenos Aires 4%s-4%8°'76 April. Buenos A41;8-4%8'75 Buenos A C 615866 __ Buenos A 65’61 st Pv. Bulgaria 786 Bulgaria 7138 '68 Canada 2%s 45 Candaa 3%;s 61, Canada 4s'60 Canada 6s '52 | Chile 65’60 Chile 6s°61 Jan Chile 6s '61 Febr. Chile 63°'62___.. Chile 65'63 ... ... | Chile Ts'42__ Chile Mtg Bk 65’61 Chile Mtg Bk 6s°62 | Chilean Mun L 7s’60_ | Colombia 65’61 Oct _ Lopcnhagen 4328°53.. Copenhagen bs '52 Costa Rica 18 '51 A Cuba 518 46 Czechoslovakia 88 ‘51 Denmark 414862 Denmark 534555 Denmark 6s 42 | Dominic 1st 514s 40 __ Dominic 18t 515542 Dominic 2d 51;8'69ext 15 115 33% 30% 281 22% 31 24% 9% 29% 9 86% 72 Ger C Bk A 65'60 Oct_ Ger Gen Elec 7s'45 Ger Gov 5138 658t . Ger Gov 548'65 un st Ger Rep 75 '49 stpd -. Ger Rep 7549 un st_.. Grt C ElJap 7s44_ Greek Gov 65 '68_ Haiti 6552 Italy 78°51 _ Ital P U Crd 7 Japan 5% Japan s‘as'SL Kars 6543 ct st prin_ Kreug&Toll 58°59 cts Mex 45°10-'45 asst __ Mexico 55 '45 asst sm. Milan 6%s '52 Minas Gers 615559 _ Norway 4s 63 N 83% Norw Hy El 5138 '5 Oriental Dev 57 Oriental Dev 6s 103% 75% B0% 991 105% Pernambuco 78 47___ Peru 6s°60 . Peru 6561 Poland 7s 47_ Poland 88 50 Porto Alegre 7 Prussia 6s 52 Queensland 68’47 Rio de Jan 6%s '53. Rio de Jan 8s°46 - Rio Gr do Sul 6s "68. Rio Gr do Sul 75’66 Rio Gr do Sul 46 Roumania 78’69 Sao Paulo St 6s°68___ Sao Paulo St 78°40 _. | Stemens & H 6% 8 '51_ {' | Taiwan Elec 5358 °'71_ No- 2 hrostly 1.5 sy Priomons, U 8, N1 Abama Blitt Tramphe’ O 8 30: fair condition. se. U. 8. N Few sales 1.50. NEW YORK PRODUCE. ORK, May 19 (#.—Butter. 15, Creamery. hisher han extra extra (92 score). 31! | ades unchanged. Cheese. 253,074 steady to firm Pncui Chanee “ncs.i 2 uendv Mixed colors, : Other ‘mixed Dprices unchange Eive Doultry by Lrelght. abou Fowls. colored. 19. treight nnfes uncnm-ued By expre Bmuen Reds, 17. 19; dss prices unch Pr s Poullry—lnelull ens lb;’ges} 0.1, e 2.10: C: 25576 NEW Y/ 210, steady 31%-321% he steady. . Other gleady to frm. Rocks. 21-25 fowl. colored. ducks. 13 other ex- Fresh chick- 2 1 48-54 17-227 giher fresh and frozen brices inchanged. — U. 5. TREASURY POSITION. E5 the Associated Press. The position uf the Treasury on May Rec 14487 expenditures. 27605 W0a ;O bainnee ST oS AL cusioms receipts: for ‘thie month, Jear (stnce 2 expenditures, including ‘S5:800.606.% i uly 1) 30510420 840 15 cxnenduurex 00.145.6 nn 319.90 of ‘emergenc of expenditures, £1%0s 1'n4 86 under lhe#revloun any; incl $670,079. 4Ffi 28 of 1 REICHSBANK STATEMENT. BERLIN. May 19 (P.—The Reichsbank tatement ‘as ‘of May 18 shows. the Tol- lowing changes (in thousands of Relchs- mACSs in ctreulation. 4.638.000, de- erease. 178.000; gold. 68,485, increase. 53; forelan curtency Teserves. 5764, decrense, 63; other bills of exchange and checks, ~4,718.420. decrease. 70T, poumer daily aturing - oblaations. 30 4400 30.407: advances. 31681 décre investments. 105154 decrease §6: of gold and foreign currencies to 1,6 per cent: ry O oeia RTOSS icluding B ntlo notes, of discount. 4 per cent. RUBBER FUTURES. ‘W YORK. May 19 (M.—Crude rub- Ler futures opened steady. 4 to, 17 higner. May gnquoted: July. 0.9 : Septem: . 21.05-00: October. 2 MONTREAL SILVER. MONTREAL May 10 (k.—Silver fu- tures opened er. May, 44,506 duly. Pric be‘ sntember 44! 65b. Industrial Rayon Corp.—Plant of this company at Cleveland was closed by a strike, ’ Tokio 5358 '61 EEcc Tolkio E L Ltd 6s '53_ Ujizawa EP Ts Un Stl Wks 6168’51 c: Uruguay 6s'60 Uruguay 6s'64_. Warsaw 78 ‘58 Westphal E P 68'53 _ Wuertemberg 7s 56 DOMESTIC BONDS. Adams Express 4s'47 100% 100 | Alb&Sus 3155°46 gtd. 1033, 103% Alleg Corp 58 '44. Alleg Corp 65 49 Alleg Corp 63 '50 stp Allied Stores 4148°50. Allied Stores 4348 '51. Am & For Pw b8 2030. Amlcecv5s'6s ___. Am 1 GCh 5*!"9._. Am Intl 514849 AmT&T 3%s e AmT&T 3%s '66._. AmT&T 4%s'39_. AmT & T 5%s 43 1 Am T F 21;5-58'38-"50 Am Wat Wks 68 '75 Anaconda deb 4148 '60 Armour & Co 4%s '3! Armour(Del)1st 48’656 Armour (Del) 48 '57 .. Armstrong Ck 48 '60 A T&S F RMt dvis'65 A T&S Fe 48°'05-'55 A T&S Fe 48'09-'55. 105% 105% 98 98% 5 9% 9T 106% 105% 18 113 146% 146% 104 104 105% 105% 102% 102% Atl Coast L 1st 4853 AtICL un 4%s'64 Atlantic & D 1st4s'48. Atlantic & D 2455’48 _ Atl Refining deb 58'37 B&O1st4s'4s B&O 4%s'60 B&Oref58°95 A. B & O Swn 53 ‘50 Bang&Aroos 4s'51 Bang&Aroos ¢s'51stp Bell T of Pa 5s " Bell Tel of Pa 58’60 C. Beth Steel 3%3°66.__ Beth Steel 41(s 60 __ Bos& Me 4%s'61J__. Bos & Me 58’65 _. Bos & Me 53'67 _ BosNYALd4s'55___ Bot Con M 6348 '34 ct. Bklyn C RR 68 41 103% 103% 105 106 110% 110% 110% 118% 118% 1181 123% 123% 123% 96% 95% 95% 103% 103% 103% % 19 Bklyn Man T 4345°66 93 92% 92% 'Bklyn Un E1 50 __ 1031% 108% 103% Bklyn Un Gas 5s '45_. 118% 113% 113% Bklyn Un Gas §8°'50_. 97% 97 9 Bklyn Un G 58’57 B_. 105% 105% 105% THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, MAY 19, 1937. BONDS ON N. Y. STOCK EXCHANGE Buff R&P con 4% #'57. BCR&Nol bs’3¢ Bush Term con bs '55. Calif Packing §s 40 Camag 78°42 ctfs_ Can'dian NR ¢%s ‘51 Can'dian NR 4148 '56_ Can'dian NR 4%s'57_ Can'dian NR 4%s8°56.. Can'dian N 58’69 July Can'dian NR6#'69 Oet Can'dian P db 4s perp Can'dian Pac 4148 °46. Can'dian Pac 4%s°'60. Can'dian Pac 58 '54_. Car & Gen 58 '50 ww. Cent of Ga con bs "45_ Centof Garf 534 s°59 CentIILE &G 68’51 Centof NJ 48°87 Cent of N J gen f Cent Pac 15t rf 4849, Cent Pac 58 '60 5 p P&F 4 Chesap C cv C&Oconb5s’39. Chi & Altref 3s'49_. Chi B&Q gen 48 '58 _. Chi B&Q 4%s'77. Chi B&Q ref 58’71 Chi B&QI div 3% 849 Chi B&QI div 4549 Chi & E 111 53’51 Chi & E 111 6s '51 ¢! 2% | Chi Grt West 4s'69 Chi Ind & L ref 6s°'47. CM&StP gn 414889 C. CM&StP6Es'T5 = CM&StP&P adj552000 Chi & NW 4%8 2037 . Chi & NW 41482037C Chi & NW 4%s'49 Chi & NW gen 658 '87 Chi & NW rf 58 2037 C&NW Nr W 6% s '3 ChiR I&P rf 48 34 Chi R I&P rf 48'S4ctf. Chi R I&P gen 45 '88 Chi R I&P 4148 '52 ChiR I&P 4%38°60 Chi Un Sta 33;8°51.. Chi Un Sta 4863 . Chi & W In con 48 °52. Chi& W Ind 4% s '62_. Childs & Co5s'43 __ CinUnT3%sDgtd.. Cin Un Term 58°57 CCC&St L rf 4%8'7T7TE CCC&StLrf5s63D .. CCC&St Lirf 68'41C.. CCC &St L, Wh Wat Valley 4s '40 4 |Clev EL Il 388" Clev Un Ter 4%s°77_. Clev Un Ter 58’78 B . Clev Un Ter 53 8'7T2A ColoF &15s'43 ____ Columbia G & E bs ‘52 May Columbia G&E s *61_ Colum Ry P&L 45’65 Comcl Credit 3% s '51 | Conn R&L 415851 st Cons EA NY 3% 846 n Cons EA NY 3135'56 n Cons Gas NY 4%8'51 Consol Oil 3348°31 __ Consum Pwr 31,8'66_ Consum P un 3, 5 Consum Pwr 3%s'70. Consum Pwr 33,5 '65. Container deb 5s ‘43 Crown Will P 6s '51._ Cuba RR 6s°'36 Cuba RR 71;8'36 ctfs. Dayton P&L 31,5 '60._ Del & Hud ref 4s 43 DelP&L 438’69 . Den & R G con 4536 ‘56 7% | Den& R G W 5 Den & RGW sasst Den& R G ref 5s'78 . Det Edison 315s '66 Det Edison 48’65 F_. Det Edison 68’52 _ Det Riv Tun 4%5'61_ Dugquesne Lt 3145 '65. | Elec Auto Lite 4s'62_ El Paso NG 4%5'46_ Eriecv 48’53 B Eriecons 45'96_ Erie gen 96 Erie ref 5a'67_ Erisref 58°75 Fairbks Morse 48 '56_ FIRECRy§s°'74 FlaECRy 5874 ctfs Gen Cable 538’47 ___ Gen Mot Acc 3s°45 Gen Mot Acc3%s’51. Gen Stl Cast 5% 849 Goodrich 43856 Goodrich 6s ‘45 Goodyear T&R § Grt Nr Ry 3% 567 Great NRy 48'46 G__ Grt NRy4s'46 H __ Grt NRrf4%s'61 A Grt NRgn4%s'1TE Grt NRgn5s'73C__ Green Bay 58 '62 B __ Gulf M &N 50 Gulf States Util 4566 | Gulf Sta Util 412546 Hoe (R) 1st mtg "44 __ Houston Of1 512540 Hudson Coal §s ‘52 Hud & Man inc 5s '57. Hud & Man ref 5s '57_ 111 Cent col tr 48 '52 5 111 Cent 4% s '66 _ ICC&St LN O 4148'63 111 8teel deb 434840, Inland Stl13%s'61 Int RT 1st rf 5s'66. Interlake Iron 48’4 Int Grt Nr 68’52 Int Grt Nr adj 68’52 A Int Hydro Elec 6s'44. Int Pap 18t 58°'47 A Int Pap ref 6s°55 Int T&T cv 4%s'39__. Int T&T 4%s'52 Int T&T 58 ‘55 Iowa C 1st&rf 48 '51.. James F & C4s'39 __ Jones&L Stl 434 8'61A Kan CFS&M rf4s'36ct Kans CSo 1st 3850 Kans C Ter 15t 4s'60_ Keith's 6s°46 Kresge Found Laclede Gas 55'39 ___ Laclede G 51853 C_. Laclede G 51860 D Laclede Gas 68’42 A_ Lake 8&M So 3%8°'97 Lautaro Nitr 68 '54 .. Lautaro Nit 1975s. Leh C&N 438 '54 A_ Leh Val Coal 6s'38 _. Leh V P con 48 2003__ Leh V P con 4%s 2003 Leh V RR con 58 2003 Ligg & Myers 58 Loew’'s 31,8°46 _ Long Isl ref 4s Lorillard 75’44 La & Ark 5869 L & Nash 3% s 2 L &N 4%852003C. McCrory Strs bs ‘51 McKess&Rob 5% 360 Man S 1st 734 8'42ctfs Manhat Ry 48'90 Marion 8tl Shov ‘l’l'l Mead Co 83 ii Met Ed 1strf ¢ Mil E] RAL 5s 4 Minn & 8t L 58'34ctfs. MStP&SSMcn 4s°38_ MoK & T adj5s'67__. Mo Pac 4575 14 | Mo Pac 65’65 A_. Mo Pacbs'17F.. Mo Pac 58°'77 F ctfs. Mo Pac5s'78 G. Mo Pao 5s°'78 G et Mo Pac 5581 Mo Pac 5%s ‘49 Mob & Ohio 448 Monong Pub § 41560 Mont Pwr 3% s'66 Morris&Essex 41 8’56 Natl Dairy 3% s'51ww Natl Dis P C 438 45 Nat Ry Mex 1st 43 ‘51 asst . Nat R M 4%8°26 Nat Ry Mex ¢% Natl Steel 48 66 _ _ Newark C Gas 58'48_. New E T&T 1st 6353 New Orl & N 4%8'52.. 7% | New Or Ter 1at 48°53. High. 86% 22 59% 105% 22% 112% 112% 1% 115% 1087% 91 102 2% 1037 109 143 Low. 105% 22% 112% 112% 111% 4 109% % 116% 1021 100% 105 9814 105% 105 1023 10712 100% 993, 102% 101t 1058 101% 1043 53 60 1037 91 i 104% 102 100% 8314 993, 1048 104'4 931, 138% 109% 112 103 1115 11y 97 10115 10812 89 % 102 ™% 95% 102% 50 86% 45% 297 T4 4 105% 11814 121 7 96% 96 92% 59% 51 118% New Orl T&M 58’61 B. 52 il% \ 2:58. 105% 224 112% 112% 111% 115% 1156% 117 124 93% 104% 101% 114% 106% 102% 29 19% 101% 57 63% 107% 99% 105% 111% 96' 96 107% b5 109% 106% 110 37 High. Low. 2:58. '54 55% 56 65% 52.. 108% IOE% 108% 97 95% 101% 1015 96% 96% 88u 88% 88% 88% 9T 9% 104 104% 101% 101% 86% 87 991 99% 99% 99% 108% lgfi% 1 61 59 59 99% 994 99% 100% 122 122 43 43 61 61 44% 15% 24% New Orl T&M b N Y Central 3% NY Central 3% % NY Central $%s"46__ 108 NY Cent oon 48°98___ 967 NY Cent rf 4348 2013 NYCrf4%s2013n NY Cent rf 58 2013 NY Cent cv 6844 NYC&St L 18t 48°37_ NYC&St L 4%s*78___ NYC&St L 53874 A_ NYChi&StL6s'38_ NY Conn 18t 4% s '53_ NY Dock 1at 48°51___ NY Dock 553! NY Edison 3%5°65 D. NY Edisref 31 4 NY G El H&P 5848 __ NYNH&H 4%8'67_ NY NH & H cl tr 68'40 NY O&W ref 45°92 NY Steam 1st 68 °47. Niag Sh 63%s 50 _ Norf So 1st ref 5s°61_ Norf S 18t rf58'61 cfs. Norf & W 1st 96 North Am Co 58'61._. North Am Ed 5s°69 C. North Am Ed 5%s'63 Nor'n Pac gen 3s 2047 Nor'n Pac 48°97 . Nort'n Pac bs 2047 C. Nor'n Pac 582047 D__ Nor’'n Pac 6s 2047 Ohio Edison 48 Ont Pwr Niag 68 '43__ Oreg WRR 4s'61____ Otis Steel 4148'62____ Pac Gas & E1 3145 '66. PacG&E3%n8'61. PacG & E 48'64 Pac T&Trf3%s’'66 B Pac T&T 3%8'66C _ Paramount Pic 6s 55 Park-Lx 6%8°53 ctfs. Penn Co 4563 .__ Penn O & D 4148°77 PennP&L 418’81 Penn RR3%s w1 Penn RR 3%3'70 C Penn RR 4%8'81 D Penn RR 4%s'84 __ Tenn RR con 4738 °60. Penn RR gn 412865 _. Penn RR deb 4128 '70. Penn RR gen 5s'68 People GL&C rf 58’47 People G L&C 6s'43 Peoria & E inc 48°90_. Pere Marq 4%38'80 __ Pere Marg 1=t 58 °56_. Phila B&W 415881 _ Phila Co §s 67 E Phila & R C&1 68°'78. Phila & R C&1 634! 104% 102% 10214 110% 105 110% 105% 87% 9% 102% 105% 1007 100% 100 4619 101% 1056 101 109% 98Y 106'5 1063 117% 1093, 101% ‘116 1127 1177% 16'4 94'4 94's 101 101 109% 1094 100 99 304 121y PCC&St L 4138'77C_. PCC&StL 58’5 B _ | Port Gen El 413 Porto Rico AT 6 Postal Tel & C 6’5 Potomac E1 P 3% s '66 Pressed Stl Car 58’51 Pure Oi1 43{s'50 ww_ Pure Oil 4148°50 xw __ Purity Baking s '48. R-K-O 65 '41 Reading R 4% Reading R 4138 Rem-Rand 41,8’ Republic Stl 4128 Republic St1 51; * | Roch GRE 58’62 E __ R1A&L 1st43;8°34_. Rutland Can 45’49 __ Rutland RR 413841 _ Saguenay Pw 4% St LIM&S R&G 4 Fran 48'50 A . 45°50 A ctfs StL-SFran4%s'78 . StL-SF 4%s'78 cf st 75 | St LSF 58750 B ctfs. 104% 102 100% 837 997 104% 1047% 931 139% 110 112% 103%, | 1118 111 971 1014 | 1035 89 | 102 | 5% 297 TN 86 81% 854 73% 77 82% 107 3% StLS W 15t 45’89 StLS W gn rf 5890 W 1st ter 5853 StPKCSL4%s St P M&M ex 48 '37 St P M&M ext §s'43 San A & A Pass 45’43 San An P Sve 6852 A San Diego CG&E4S'65 | Seabd A L 4s '50 stp_. Seabd A Liref 45'59__ Seabd A L adj 58°49__ Seabd A L 6545 A Seabd A L 6345 ctfs_ Seabd A-F1 68'35 A ct Seabd A-Fla6s'35B ct. Shell Un deb 33%4s 'sx Socony Vav 312 South Bell T&T 58" u Southn Cal Gas 4565 So Colo Pwr 65 '47 A _ South Nat G 4148'51_ SoPac 338 46 _ So Pac col 43 " Pac ref 4s So Pac 4148 69 So Pac 41:s 81 So Pac Oreg 418 °77_ So Ry gen 4856 A So Ry gen 6s'56 So Ry St L div 45 S W Bell Tel 3165 '64_ Southw’n G&E 4860 _ Stand OII N J 38761 .. Studebaker cv 68 45 Swift & Co 338’50 Syme G&G 5‘1! WW__ Tenn El Pw 6547 A_. Texarkana 5%8s '50 Texas Corp 3148°51_ Third Avref 4560 ‘Third A ad in ex 55’66 Tide Wat Ofl 314s'52. Tol & Ohio C 3% "60. UnEIL&P5%8'54_ Un Ol of Cal 3%s '52. Union Pac 315870 Union Pac 33:8'71 ... Union Pac 1st 4847 . Un Pac 1st rf 45 2008 United Drug 5853 Utd Rys St L 48°34. U S Rubber 58 ‘47 Utah L& T 5844 A Utah P & L 58 '44 Ut P& L 68 '59 ww_. UHIP&L5%s 47 __ Vanadium cv 6s'41__ Ver Sug 1st 75'42 ctfs V C&P 18t 4158'34 ast VaE&P1strf 48’55 Va Ry 18t 3%s'66 A_ Va S W con 5858 Wabash 1st 5s°39 ‘Wabash 68 '76 B_ Walker H&S 4% Walworth 48’65 ‘Warner Bros cv 6s ‘39 Warner-Quin 6s°39 West Penn P 33566 W Pa Pw 1st 6863 E_ W Sh 1st 48 2061 !!d West'n Md 1st Westn Md 5%s '7'l Westn NY&P gn 48'43 ‘Westn Pac 68’46 A West'n Pac 5546 A as West'n Un 4%48°50 ‘Westn Un cl tr 65 '38 Westn Un 68’51 West'n Un 58’60 Wheel Steel 4148 ‘W Sp Stl 1st 7835 ct. ‘W Sp Stl con 7836 ct. Wilkes B&E 1at 5842 ‘Wilson & Co ¢s '56 Wis Cent 1st gn 48°49 25% 25 Y’'ngstn S&T 4861, 101% 101 — e NEW YORK BANK STOCKS NEW YORK. May 19 lfl .—New York Security Dealers’ Association. (Quotations as of 2 o'clock.) llnk ol Man (1%) we... Bankers Tr (2) . 103'% 103 103% 103 110 96% 96% 112% 105 95% 30% 1024 23 3% 107% 104 97 94 3614 32% 100% 100 102% 1024 100 99% 99% 99 . 100 99% anufacturers Tr (2)_ lnuhcluun Tr of (2) Netl iy (1) NY MILL CONTRACT LET. NEW YORK, May 19 (#)—Lewis Foundry & Machine Co., a subsidiary 96% | of Blaw-Knox Co., has been awarded & contract by Dorman Long & Co. of Middleborough, England, for a com- pletely mechanized three-high mill. NEW PEAK IS SE BYOIL PRODUCTION Institute Reports All-Time Record of 3,551,950 Barrels Daily. By the Associated Press. NEW YORK, May 19.—Crude oil production continued its record- breaking way during the week ended May 15, setting & new historic peak of 3,551,950 barrels daily, the Ameri- can Petroleum Institute reported. This was a gain of 62,750 barrels daily over the previous period. ‘The bulk of the increase was again east of California. The advance in this area was 52,150 barrels daily to 2,897,550. Refinery operations were stepped up to 80 per cent of potential by com- penies owning 89 per cent of the in- dustry’s capacity. This would indicate 3,135,000 barrels were run to stills daily, against 3,065,000 barrels the week before, Consumption, however, was suffi- ciently heavy to cause withdrawals from stocks of finished and unfinished gasoline at terminals, refineries and in transit of 1,091,000 barrels. This cut the total to 80,378,000 barrels. Cracked gasoline production was e pushed up from 675,000 barrels daily to 705,000 barrels, reports from 95 per cent of the industry indicated. Imports of crude and refined oils totaled 1,365,000 barrels, compared with 954,000 barrels in the preceding ‘week, Washington Produce BUTTER-—-02 score, 1-pound Ys-pound prints, 36; tub. 34 pound prints. 34 Yolpound prinis. ub. 3 beet. 18: calves, pork mm 27; {r rints. 35; score. 12 35; 16: o 28: " com: light hogs. 0! : heavies. 915 i sows, 8%a: calves, Prices paid” shibpers. net f.ob. Wash- ington, by the United States Bureau of uncuhux.] Economics: EGGS _—_Marke: steady on most grades Il.) slightly firmer on hennery whites at 'a advance on best lots. Current receipts. 1Ral8'a: hennery whites, 19a20: cmvern- ment_graded an Saied white eegs extras. large. 24 Al (Y T8 icmndardn, 101 LIVE POULTRY— M.rm shansed; fowl, colored. few 18 grne. bacon, 810! 1am) qutet 8nfl.un 5: Legh poul o ha 3 pounds 13a18: Rorkers ‘old ens 177 ol tomma 5. Fruits and Vegetables. Sales in large lots by original receivers up to 8 am. today: APPLES—No _cariot _arriv no cars on track. Supplies moderate; demand light: market about steady. Bushel bas- kets. U.'S. No. ]—Maryland. Pennsylvania, Virginia “and’ West Virgini; -inch “minimum. 25 minimum 5 180-1.65: A heh” -2 inch ‘minfmum. 2.00. Digher{ Yenowfi Newtowns. > 2.50. Boxes. ¥ Pennsylvania, Virginia and West \reinia-Combination "extra fancy and 0: ; ripe or scalded. 2.00- yland. Pennsylvania_ Virs i& i 155 ioRud POTATomcerrecllon Tuesday's report deduce iwo Maine arrived. Today—One Idaho. 1 South Carolina, 3 Maine arrived: © broken and 10 unbroken cars on track. Supplies moderate: demand _light, market steady; 100-pound sacks. U. No. 1: Maine, Green Mountains. 2.15- stock:' Supplies moderate: de; market about stesds. _Florids, hea. ¢is, Spaulding Rose. U.'S 1., few. 5.00. South c-mum g 5. No. 50 ABBAGE—No carlot arrivals: on track. Truck receipts light: moderate: demand light: weaker; 1';-bushel hampers North Carolina, 85-1.00, Virginia_ 1.00. ASPARAGUS—No cars on track Truck receipts li Sup: plics “moderate: "demand light; market steady, Pyramid crates dozen’ , bunches: New Jersey. extra Colossal. 2. Colossal. 2.00. extra fancy, 1.75. fancy. ware, large 'size. CARROTS—One_California_arrived: 2 broken and 1 unbroken cars on track. Supplies light: demand fair: market about steady., California. Western lettuce crates. 4004 Texas, bushel baskets, 1.75- CAULrPlDWm—One California _ar- rived: 3 broken cars on track. Supplies moderate; demand moderate market sbout steady. California, " cr 2.00-2.10; poorer. low as 1. CELERY—One Florida arrived: 3 bro- ken cars on track. Supplies moderate; de- arket steady. individusily no cars supplies market slightiy pointed_type. Eastern Shore, carlot arrt 2 w 3.00; ETTUCE—Five California arrived: 9 broken and 7 unbroken cars ack. Supplies moderate: ket slightly weaker. Western crates, Iceberg type, 5 dozen, 3.50-3.75: fex, 4,00: poorer, low as 3.25;°8 dozen, Onion Prices Steady. No carlot arrivals: 3 broken and 2 un- broken cars on track. Supplies_mo demand fair; market steady. Te: pound sacks, Yellow Bermudas, commercial. 1.60-1.75. PEAS—No ‘carlot arrivals: 1 broken car on track. Supplies moderate: light: market stes North Garolina. 1. ‘alfiornia, 2.00-2.25, féw 'higher. TOMATOES—No carlot arrivals: 1 bro- ken car on track; Supplies moderate; de- mand light: market steady. Florida, lug boxes, green. ripes and turnins, wrapped. 8x6_a er,, 250-3.00; few pest b pisn MDCED VEGETABLES No Cetlot arrivais; 1 broken car on track. SNAP BEANS—No carlot _arrivals; no cars on track. Truck receipts light; sup- plies “moderate; demand fair; market sbout steady. Georgia and South Caro- lins, bumel hampers, sreen, round snd flat Be D% 15; Boorer, ‘low iy EANS_No carlot broketr and one unbroken car on Supplies moderate; demand moderate ket about steads, Florids. bushel ‘ampers, ew 00-4.25: NT—Supplies light; light: market llelflh hfl rids. 1%-bushel er. crates. 2.50; few RS—8upplies_moderate: demand lght: market steady. . Florida. busher Bem pers.’ ereen. fancy. 150-1.78; 1%-bushel 280-2.7 ASH—Bupplies 1i maTEel sbout stendy pers. necks. 25-1.50. poore telephones, demand demand light; Florida, bushel h white-wrapped ‘and yellow crook- -50-2.00; Bouth Carolina, bushel s whm-wnwed 2.00-2.50. Siaht; market. stoady. Fioria man et steady. Phe 450 “Choice. 3.00-3.60, ERRIES—| Truck receipts ve : demand light: 32-quart era ordinary_quality 23505 few best. 3.00 per ORANGES—One PFlorida lrrl"d. thm broken snd one unbroken gIaek. ?orldl, boxes. No. 1, 3.00 50, arrived, '—Two Plorida t'n broken and one \mbmm el.!'l oln o. 1. Na“Citcarior arcivats one beo- tlo - ke oA On trak. CAIIfotia, as to Nike Boxes, No. 1. 6.00:7.00; No % 580, 5 Bos. 5505 B DO CuliTornia. crates, 2.00- “rsmnnnwn- e, crates 3,00-3 1651 Puer Ricani D NAGH - Nearbs setiions. bushsi bi e era bushel baskets, 1.50- Vll’lln hothouse stock, ecrates, 78. AGTibiooMs—Maryland, 3-pound ear- tons, 25-75. STOCK SPLIT APPROVED. NEW YORK, May 19 (#).—Stock- holders of S8imonds Saw & Steel Co. of Boston have voted to split common shares 10 for 1. Public offering of 125,000 shares of common from Treas- ury stock is contemplated. K and condition, 2. crate. Continental Oil Orders Special of 25 Cents a Share By the Assoctated Press. NEW YORK, May 19.—Directors of Continental Oil Co. declared today a “special” dividend of 25 cents a share on the common stock and a similar amount designated as “a dividend.” Both are payable June 30 to holders of record June 9. Three months ago a dividend of 25 cents was paid. ‘The company’s properties are mostly in the midcontinent, and headquarters are at Ponca City, Okla. Principal Eastern property is a refinery at Baltimore, — CHICAGO LIVE STOCK. CHICAGO. May 19 () (U. 8. Dept. Agr.). s, 8,000, including 2.300 direct; mar: ln ')% 5(: higher than Tuudnly- verage: o hokce ™ -38 higl k good and 0300 1be 116500 toB. 12 60: comperable 150-160 Ib.. 1 bulk good 0 and better Cattle. 0.000: ‘calves. 1.500; apparently anexcessive run good and choice long yearlings and medium weight and weighty steers here. kinds of value to sell at 11.00 upward on yearlings and 12.00 upward on medium weight and weighty sieers; under- | tone weak to 25 lower on bulk of EPadine §00d and betier: coman and me- dium grades scarce and sleady: early top yelenty bullocks. 14 08 3.0 bul_ not enoukh done 10 make & marhet: other killing classes fully steady ' except ulls: “his class weak at 6.50 ""MY sausage offerings; fed helfers very active ai scattered native 0 higher: extreme top. illers: sheep steady: shorn 50-5.25 mostly. NEW YORK SUGAR. NEW YORK. May 10 /P —Raw suger Was easy early ‘today. Following a fur- ther Geciine. o FB3intd ate pesterany i when 8000 bags ‘of Busrto Ricod sola for prompt shipment at 3.15 there were ad- ditional offerings of ‘nearby sugars with no_further buying interest. Putures were irreguiar. The No. 3 spot or £ points net ewes. 4 jnonth sold oft to %41 lower under lauidation promoted by the cireulation of 1% notices. = Later deliveries held comparatively steady. “No. 4 contrace ¥as firmer on covering and commission | ouse buying. influenced by the firmness of on July No. 3 sold off from 2.44 to 2.43. Fhile September sold un to 345, leaving | the market at midday 6 points lower for e spot month. but 1 lower to 1 higher for later uehv:ms No.4 July’ sold from 1 Rla and’ Seotember from | 21, or 3 to 3'2 points net | Refined was unchanged at 4 .80 fc sranulaied with demand Hgne. © "o 00 | - FREIGHT LOADINGS. EW YORK. May 18 (# —Revenue trelent carloadings on railroads reporting loday for the week ended May 15. in- Prev. Year 3 |11 central ___ N Y Central South” Pac 546 1iR086 12,076 FOREIGN MARKETS, LONDON. May 19 (m eEronounced strength - and " activity developed in the trans-Atlantic section of the aiock Mmarke; at the close today O1l shares and gold mining seues a0 sold Righer. " “pac | bacco. rayon shipping and rubber securi- ties were in good demand Gilt-edged fhates and German bonds sold fractionally lower. while home rails remained steady PARIS.—International _securities firm end hicher in the Bourse remainder of the Jist whs mixed. Rentes | closed 10 to 35 centimes lower. while Bank 1 | of Prance moved up 45 francs and Royal Dutch advanced 125 trancs | PHILADELPHIA PRODUCE. PHILADELPHIA Pa. May 19 (). Pere Marquette were while the FINANCIAL, DVIDENDS VOTED BYC. & 0. RAILWAY April Net of $2,000,172 % Falls Short $249,697 of 1936 Month. , By the Associated Press. CLEVELAND, May 18.—The Chesa- peake & Ghio Railway has declared a dividend of $1 a share on its preference stock, series A, payable July 1 to share~ holders of record June 8. A quarterly dividend of 70 cents was declared on the common stock, payable July 1 to record shareholders of June 8. The carrier late yesterday reported April net income of $2,000,172, after all charges, a decrease of $249,697 from April, 1836. Net income for the first four months was set at $10,277,601, a decrease of $1,230,827. April operating revenues were $10,- | 030,234, an increase of $167,877. Robert R. Young, one of three men | who recently purchased control of | the Van Sweringen railroad holdings | from George A Ball, Muncie, Ind., glass jar manufacturer, was elected | chairman of the board of Chesapeake | Corp., important Van Sweringen hold- A—15 for Alleghany Corp. Securities, which control the vast railroad system. Chesapeake's usual quarterly divl- dend of 7 cents was declared, payable July 1 to record shareholders of June 8, FOREIGN EXCHANGES. ORK. May 19 (7 —Foreign ex- Great Britain in dollars, Great, Britain gemand, 60-d l‘lu‘ WA Den; Bwitzerland, lquoua Portugal a FIRST TRUST LOANS Reasonable Rates and Commissions Tyler & Rutherford, Inc. 1512 L Street N.W. Nlfl.nfl 0478 Loan Correspondent Mutus) Benefit Life Insurance Ce. Money for Conslrnmon Loans and Loans on Exiuinx Properties 5% FIRST DEED OF TRUST ONLY GEORGEI.BORGER ing company, yesterday. Young, with Frank F. Kolbe. New | York, and Allan P. Kirby, Wilkes- | Barre, Pa., paid $6,375,000 last month" Safe Investments First mortgage notes, 6% -z Washington and near- $500 up. Interest 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con by Maryland. Denominations of Established Nearly 40 Yesrs Mortgage Loans 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. Robert Peddicord 1713 K St., N.W. DI. 0010 Office Hours—0-12 Live poultry fowls. mixed colors, 20-21. White horns. fancy. 1R-14; average. | Smml chickens. fancy. Plymouth 26, as to weight: cross-breds, 21-2 to 'eilh! ducks. White Pekin. young. 135 turkeys. faney. hens essed poultry. old Toosters. dry-picked. | pounds or over.'15-15%; under 3 pounds. | - NEW YORK BAR SILVER. NEW YORK, May 19 (#).—Bar sil- ver easier, off 35 at 45. OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Desks Steel Files SOUDICHLA25<8S BEFORE YOU MORTGAGE or refinance your home or business property 643 Indiana Ave. N.W. Nat’l 0350 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., os of March 31, 1937, which appeared in The tvening Star. Invaluable reference booklet. Free on request to Executives and Investors. Ad- dress Advertising Manager, The Evening Star | FIRsT M ORTGAGE | District ot Columbia— Nearby Maryland— {and Virginia— Homes Apartments 7 Business 0 Properties Terms from | 3 to 15 Years | i Also Monthly Payment Loans \ Randall H. Hagner & Co. Incorporated MORTGAGI LOAN OOIRISPOEDINT New York Life Insurance Co 11321 Conn. Ave. N.W. DE. 3600 First Mortgage Money For CONSTRUCTION LOANS LOOK into our plan that offers you a loan, repayable byconvenientmonthly pays Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE 1416 Eye 8t N.W Phone NA 2184 5% INTEREST CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St N.W. NAtL 1408 Office Space For Rent 1,300 square feet of exception- olly desirable front space in elevator building in heart ss and financial district. Apply Wm. J. Flather, Jr. 1508 H St. N.W. Na. 1753 CUT YOUR MORTGAGE COST UR modern mortgage Refinance Plan often means lower interest costs for property owners—with a more convenient method of handling principal pay- ments—and a longer period in which to finish paying off your mortgage indebted- ness. Ask us for the facta —no red tape or obligation. WEAVER BROS ¢ REALTORS Mortgage Loan Correspomdent Mutropelitan Lifs Inmrencs Company WASHINGTON BUILDING DISTRICT 9486 ments, which, in addition %0 saving you commissions and tenewal charges, also gives you a share in the profits of this Association. NORTHERN LIBERTY BUILDING ASSOCIATION §11 SEVENTH STREET, N. W. Established 46 years NENBER OF HOME LOAN BANK SYSTEM S SULDING, AND LOAN LEAGUE 8 BUILDING AND LOAN LEACUE and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 FIRST MORTGAGE NOTES * * YOUR money earns 52 9% on this sound secur ity. Only a limited number of these desirable notes obtainable — denominations are from $500 to $1,000. REALTORS Member, Institute Real Snavement ON IMPROVED 1505 H St. N.W. NAtional 2345 D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinanci Loans re| ng. payable monthly. No charge for appraisal if loan is not made. Interest charged only on unpald balance of principal. EQUITABLE CO—OPERATIVE B UILDING ASSOCIATION 915 F STREET N.W. Organized 1879