Evening Star Newspaper, May 27, 1937, Page 23

FINANCIAL, CURB LIST EDGES T0 HIGHER LEVELS Few Specialties and Usually Less Active Shares Attract Buyers. By the Associated Press. NEW YORK, May 27.—Prices lifted 8 bit in the curb market today with a few specialty issues and normally less active shares moving up a point or so. Duke Power and Great Atlantic & Pacific sprinted 3 points or more on the up side and Newmont Mining gained nearly 2 as the session worked through the final hdur. Jacobs Co., on an increased dividend, Ohio Brass “B” and Sunshine Mining were up a point or so. United Gas, Wright Hargreaves and Leonard Oil dipped. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS THE EVENING STAR, WASHINGTON, D.-C., THURSDAY, MAY 27, 1837. NEW YORK CURB MARKET ANACONDA ORDERS ez S0GENT DIVIDEND All time shown bel on which the Exchange 2:30 Previous Quarterly Rate Doubled by Board of Copper Concern, Stockand Sales— Dividend Rate. Add 00. Alnsw'th M Cb250 4 Air Device Corp__. & Alabam Pw pf (1) 20s Alllance Invest__. 1 Alum'n Co of Am_ 2008 Am Alrlines, Ino_. & Am Beverage____. Am Box B'd(b45c) Am Capital (B) __. Am Centrifugal__. By the Assoctated Press. :m é:rl»t& ;’&AL uz) ’: NEW YORK, May 26.—Directors of m L Aww Anaconda Copper Co. doubled the Am oraLp e regular dividend on the common stock Am Eqit (a223%e). % | today, declaring a distribution of 50 cents & share payable June 28 to stock of record June 27. Previously quarterly payments had been made at the rate of 25 cents a share. Last December an extra divi- dend of 25 cents was paid in addition to the regular quarterly disbursement. Blaw-Knox Co. Blaw-Knox Co. of Pittsburgh, steel products, announced an interim divi- dend of 25 cents on common stock, payable June 30 to stock of record Am & For Pw ww. Am G&B (1.40) _. June 7. A dividend of 20 cents was paid in April, Am Gen C'p (a500) Bell of Canada. Am Laun'y M 80c. Am L& T (11.20)_ Am L&T pf (1%). Am Mfg Co (a3)__ Am Maracatbo __. Am Superpower Am Superpw 1st § Am Thread pf 25c. Anchor Post F ___ Angostura (120c). Arcturus Radlo T- Ark NatGas __ Bell Telephone Co. of Canada de- clared a quarterly dividend of $2 on common stock, payable July 15 to stock of record June 23. The action restored the $8 annual rate in effect prior to 1831. In the interim the company paid $1.50 quarterly. Wright-Hargreaves. Wright-Hargreaves Mines, Ltd., Ontario gold mining property, de- Pan-Am Afr (t1). 1 clared an extra dividend of 5 cents ;:::".‘;’32’;"5“ !: and a regular quartely dividend of 10 ANCIAL CLEARINGS SHOW SEASONAL DROP Total for 22 Leading Cities Holds 12 Per Cent Above Year Ago. Bs the Associated Press. NEW YORK, May 27.—Bank clear~ ings this week declined seasonally, but showed a fairly good gain over the same period of 1936. The aggregate for 22 leading cities of the United States for the week ended May 26, according to Dun & Bradstreet, was $5284,141,000, com- pared with $4,718,002,000 in the like week of last year, or a rise of 12 per cent. This contrasted with an increase of 7.8 per cent recorded for the similar comparison of the preceding week. Clearings at New York Cify amount- ed to $3,122,596,000, against $2868,- 877,000 a year ago, an increase of 8.3 per cent. This week's total at the metropolis was the lowest reported for a full week since August 26 last. Wider advances from a year ago were recorded at the outside centers, the total amounting to $2,161,545,000, , or a gain of 16.9 per cent over the $1,849,025.000 in the same period of 1936. Particularly large increases were shown for Buffalo, Cleveland, Louisville, Portland, Oreg.; Philadel- phia and Pittsburgh. This week’s clearings aggregate was Value of Ten Leading Exports of the United States in 1929 and 1936 Compared Btock and ! Dividend Rate. A 400. High. h' Closs. Mich Sugar 134 Midvale Co (b75¢c) 100- 8044 Minn M&M bd0c_.100s 35 Midwest Of (11)_. Molvbdennm Corp Monarch M T (1) Mont Ward A (7). 1508 INK u Moore C L,td b40c. 50s Meunt CCpa 21c.. Mount Prod (60c) Murray(Ohio)b30¢ Nat Container (1). % | Nat Fuel Gas (1)- Nat Leather Nat Mfg & Stor Nat P& Lt pf (6) 150 Nat Rub Mch a200 Nat Service _____. Nat Servicopf.__. Nat Sugar NJ (2) Nat Union Radio Nel ulH(O- High. Law. Close. 15 4% Y% 1. Cotton 2. Automobiles, Parts & Accessores 3. Refined Oils t, Including Flour ed Copper 6. Leaf Tobacco 7. Agricultural Machinery & Implements 8. Electrical Machinery & Apparatus 9. Cotton Manufactures 10. Lumber cm wne T P) e 1(13%) New Jer Zine (+2) 2508 Newmont Min (3). 2 N Y Pw&Lt pf (6) 108 N Y Pw&Lt pf (7) 1308 N Y Shipbldg ___. N Y Tel pf (63) N Y Water Sve pt. Niag Hud Pwr new Niag H P(A) war. Niag Sh Md B a80e¢ Niles-Bement (2). Nipissing (60¢) . Noma Elec (b40¢). NorthAmL&P _ North AmL&P of _ N Am Ray B b50c... North'n Kurop 011 N Ind PS pf b873%¢ Ohio Brass B b75¢ 300s OhtoOtlcu pt «6). 2 Ohto Pwr nf (6) ... 80s Okla Nat Gas 5 Oldetyme Distil _ 2 PacG&E 1stpf 1%, 2 a eSalurnonnnSe- 2 1508 Ark NatGcupf__ Ark Nat Gas (A)_. Art Met W (80e)-. Ashland O&R t400 As30 Gas & Elec. AssoG & E (A) AssoG & E $5of_. Atl Coast L a2%_.120 Atlas Corp war___ Austin Siive: 1% Auto Products 635 61§ Auto Vot Mch S0c. 2 1 1 Babcox & Wil (4). 508 12336 12835 Borg-Warner Corp.—Indications are glld" L ba Hl(]fll 1 2% 2% that for current quarter, company, | B;':‘“I": :‘:;:‘:{'" 80. l: !g even after setting aside large reserves, | i S [YPTSN -0 -OTORTE 3~ JOPeR T 24 NEW YORK, May 27.—The follow- ing is today's summary of corporation i news, prepared by Standard Statistics Co., Inc., New York: 62 Per Cent Gain Over 1936 Scored slaughter ewes, 3.00a4.25, and old thin sheep down to 1.50; local sales agencies advising that commencing Monday Spring lambs will be pur- chased on ewe and wether basis, with Baltimore Markets Special Dispatch to The Star. n Beech Aircraft __. will show earnings approximately if | Rejianca Arrerafe Bell Tel (Can) (8) Berkey&Gay ¥ Co Berk&GF pur war Bliss Co (E W) Blue Ridge (bl5c) not exceeding those for the record | June, 1929, quarter when net income was $2,702,434. F. L. Jacobs Co—March quarter common share earnings were 93 cents. Mohawk Carpet Mills—Declared ex- tra dividend of 20 cents a share and regular quarterly dividend of 30 cents a share on common stock, payable June 15. Chairman said there has been very large increase in volume sales for first four months, and, where- as company had lost money in same period in 1936, the reverse was true in 1937. uary to April, inclusive, there have been substantial earnings, he said, and prospects for remainder of year were excellent. Simmons Co.—Company called for payment July 24, 1937, at 102 and in- terest entire issue of its 5 per cent debentures, due November 1, 1944. Veeder-Root, Inc.—Company has © filed with S. E. C. a registration state- ment covering 25,000 shares to be is- sued to stockholders at $40 a share through 75.000 warrants. Chicago Mail Order Co.—Company has filed with S. E. C. an amendment | reducing amount of stock to be reg- istered from 150,000 shares of $5 par common stock to 72,000 shares. New York Dock Co.—Security hold- ers of this company have ratified plan of recapitalization. Standard Oil Co. of Kansas-Dela- ware—March quarter common share earnings were 84 cents, against 32 cents. Pittsburgh & Lake Erie R. R— April net railway operating income was $246,365, against $406,343. CURB BONDS DOMESTIC BONDS. High. Low. lvm ‘67 TRy 10014 1085 10014 10642 106 1083 Z107 6~ S 106% 1661 mnl' 3 51 51 Ala Power 4135 P 8 45 '® . Central Pw 7 2 10315 10312 mEws L 5125 54 B 10134 1013 101% 105 6 C_ 97 6 21033 1033 1033, stp 4912 4912 4015 L 4'zs oL¢ cnuu 10402 10412 t soam=395593 3053 SR SRRSRNERITRRCIRFE a0 ERA3% g PE) £3 2 Y ot 02, ATLTII ¥ i , R .t<.rfi' S In each of months of Jan- | | Brazil TL&P bdoc. Breeze C Inc a75c. Brid'p't Mch b2sc. Brill Corp (B) | Brit-A-T cu B bs5c | Brown Co ot | Brown F&W b3oc. Bruce Co (EL).__ Buff N&E nf 1.60 Bunker Hill & Sul. Cable El Prod vte Cables&Wirel'ss A Cables&Wirel'ss B | Can indus Atco A_ Can Marcont _. Canital City P 60e Carib Synd (b50c). arnegie Metals | Carrier Corp _ Carter (JW) 80c_. | Casco Prod b2% Celanese 1st pf t7. Cen Hud G&E 80¢ Cent P & Lt 7% pf (b3.06%) _ Cent&S W Utll _ Cent States Elec | Cherry Burrell (4) | Chi Flex Shaft (4) Chief Con Mining. Clties Service Cities Service pf. Cities Sve pt B Cities Sve pf(BB) Cit Sve P&L $7 pf. City Auto S(t60¢c) Claude Neon Lit; Clev Tractor Club Alumin Colon Dev Ltd . Columb O&G b20c. Comwlth Edis t4. Com'with & S war ComSM ste vto t1. Cons Afrcraft _ Consol Biscuit 60o Consol Copper C GELt&P Bo 3.60 Consol Gas Ut]_ Cons Min&Sm t2._. Cons Royal (20c) Cont’l Roll & 8 Fy Cooper Bessemer.. Cord Corp_ Cosden Of] Me ld) Cosden(Me)pf(d) Creole Petrol t50¢. Crocker-Wh al0c Croft Brewing Crown Cent P Cro'n C'k Int A(1). Crown Dr (b20e) stal Oil Ref pf. Cus! Mex Mining Dayton Rubber Derby O1] & Ref Detroit Gasket t1. Det Gas pf (1.20) . Detroit Gr I new__ Det Stl Prod b2s Distilled Liquor: Duke Power (3) | Duval Tex 8 a50¢. | Bag Pit Lead b10c. Estn G&F As pf 3.200 East'n States Pwr Easy W M(B)b250 Elec Bond & Share Elec B&Spf (5).. Elec B & S of (6)_. Emp Pwr pt b50c_.. Emsco Derrick t1. Equity Corp(a2be) Evans Wal) Leaad_ Ex-Cell-O (b20c)-. Ferro Enam b75e_. Fidello Brewery Fisk Rubber__. Fla P &L ot | Ford Ltd (b21c) “* | Kord (Can) A (1 Fox (P) Brew 80c. Franklin Ray a60c Froedt G&M (20c). Froedt't cv pf 1.20 Gen Invest Corp Gen Teleph (b25c) Gen Tire & Rub Gen T&R pf A (6). Georgia Pw pf (6) Glen Alden C (t1) Goldfield Consol . Gorham Mf vtc t1 Grand Natl Fllms Grand Rap Var (1) Grt A&P 1 v té Gulf Oil (Pa) b26o HartfordEI Lt 2% tman Tobacco. Harvard Brewery. Hazeltine (b75c).. Hearn Dep 8 bl.i 65 Hecla Mining b4se Heller pf ww 1% _ Hollinger G té5c_. Holophane (b50c). Horn & Har pf(5) Hud Bay Min b75e. Humble O11 (1%). 11l lowa Pw pf 2% Imp Ch Ind(a29¢). imDp 011 Ltd t50c . ITGtB&1 b841%c_ Ind'n Ter 111 O(B) [ndiana Svc 6% pf Ind’ap P&L pf 6% Ins Co of No A t2 Intl Hold&Inv Lta Intl Hy F1 8 cv ot Dayton Rub A (b3)100; g SRR NE - 1 508 6 2 2 1 Bowmn-Bilt 1st p1200s 6 3 1 1 1 1508 1 1 1 8 25, . 2 1 2 1 1 1 . 1 1 1 . 1 268 il 2 58 508 10 16 108 508 1 10 10 1 19 1 3 1 29 6 @ LT L -0 e & 0 13 8 R T PRORTYS. 9 o g _,_..?s._.,.. o= 8.2 S s..,_.s.....-u_ Sraowg ~w 5¥ 5 16634 2% 134 15 21§ 23 248 1% 14 ‘ 314 120 18% LI 3 134 778 6435 14 334 483 % 5% 16634 2% 14 15 274 23 254 13 175 ‘ 31y 7044 120 164 84} 3 it 79 644 1 PeninsularTel 1.60 504 Pennroad (azbe) 1t Penna P& L pf(6) 50s Penna P&L pf (7) 50s Pepperell Mfg +6_ 1755 Phillips Pkg a50c. 'l Phoenix Secur Pitts & LE(b4¥). lfll Pittshgh PG b215. 2 Powdr&Alex b3sc. 2 Producers Corp__. 4 Prov Gas (80c) _ 50s Prudent Inv pf(6) 1508 PubSvolndpt . 108 Pub Svc Ind pr pf. 1208 Pug Sd P&L pf b5_ 76s Pug Sd P&L 86 pf 2758 Quaker Oats (5)__100s Rainbow Lum (B) & Raytheon Mfg vto. 1 Red Bank = 4 Reeves (Dan) §0c. 1 Reiter-Foster Revnolds Invest Root Petrolm b25e Rossia Lntl Corp__ Rustless [r&St] Ryan Consolid'd _ Rverson & Haynes Safety CH&L (b4). St Anthony Gola St Lawrence Corp St Lawrence C pf_. St Regis Paper St Regis Paper nt l1fil Samson Unitd C'p. Savov o1 Schiff Co (new) Scovill Mfg (b50c) 308 Scrant S B Wat of 60s Seeman Bros t215. 1 Seiberling Rubber 1 Sezalrock & H._. 2 Selected Indus __ 4 Sel Ind all cfs 5% 1508 Sel Ind pr pf (53 )350s Seversky Atroraft 8 8hattuck Den Min 1 Shrev-El Dor P&AL 2 Sher-Willms (4).160s Sherwin W pt (5). 10s Simmons Hd & P_ Singer Mg (16) _ South’n P L b20c._. ‘Southn Union Gas. Southl’d Roy b10c. Spencer Ch S b75e. Stand Cap&S 11.60 Stand Dredeing Stand Inv pf ww_.150s Stand O11 Ky (t1). 2 Stand Ofl Ohio t1. 1 Stand O11 Oh pf 6. 268 Stand Pwr & Lt 1 Stand Prod (b25¢) 1 Stand 811&L4 (4c) 11 Starrett Corp vte 2 Sterchi Br 2d b25c 508 Sterl Alum (b25¢) 1 Sterl's Brew alfe. 2 | Stetson (JB)bs0c_ 2258 Stinnes(Hugo)d.. 1 Stuts Motor __ 1 Sullivan Machin 2 Sunray Oil (b5c)_. 6 Sunshine Min (3). 28 Superior Port C B. 26s TaggartCorp __.. 1 Tampa El (2.24).. 1 Tastyeast(Del)A. 8 Taylor Dist (30c). 1 Technicolor abls.. 30 Tech Hughes 1400 2 Tex P& L pf (7)_. 208 ‘Texon O1) & L 60¢ 2 Tob&All Stks a3l 26s Todd Shipyd (12). 5808 Tol Edis pf A (7). 10 Tonopah M (aée). Tr-Luz DPS t300. Transwest Oil Co_ Trunz Pork S a50o Tubize Chatillion_ Tung-Sol L pt 80e. Ulen & Co 7% % ot United Corp war.. Unit Gas Corp Utd Gas war _ Unit Gaspf b3%_. Unit Lt&Pwr Unit 8hipyds B___ Unit Shoe M 2% 100s Unit 8 Mch pf1.60 40s USFoll(B) (1) . 3 USA&IS 1at pf b2 %4 US Lines pt_ i U 8 Radiator. U 8 Stores Unit Stores vto. Unit Verde Ex (1) Untt Wall Paper _ Utica G&E pf (7)_ Utilities P & L (4) Utllity Equiti Utilities Indust’l. Utility & Indus pf. Valspar vte _____ Venezuela Petrol. Walker Minins Wayne Knit Mill ‘Wayne Pump bl% Westn A E (a2be). Westn Au S bé0c_. Will O11-0-M a50e ‘Wolver Tube b20c. Wright Harg t40o Yukon Gold(a13c) P e R mi- nual rate—no Inellldln cumulated di b Paid el being 2 108 S w OB A e A a NN BITUMINOUS OUTPUT | cents on common stock, payable July 1 to stock of recori June 8. American Republics. American Republics Corp. declared a dividend of 10 cents on capital stock, payable June 30, stock of record June 10. The previous payment was 20 cents in December. Company is a holding concern for properties engaged in producing and transportation of petroleum, with principal interests in Texas, Gulf Coast and Mexico. Seeman Bros., Inc. Seeman Bros, Inc., distributors of packaged foods, announced an extra divident of 75 cents a share and the regular quarterly dividend of 6213 cents a share on the capital stock, payable June 15 to stockholders of record June 3. The announcement said the regular payments is in lieu of that usually de- clared in June and payable August 1, as the regular dividend dates hme changed to March 15, June 15, Sep- tember 15 and December 15. The company paid an extra divi- dend of $1 a share May 15 F. L. Jacobs Co. F. L. Jacobs Co. makers of metal | Pparts for automobile bodies, announced | a dividend of 50 cents a share on the common stock, payable June 25 to stock of record June 14. The last previous payment was 25 cents a share, Duke Power Co. Directors of the Duke Power Co. declared a dividend of $1.25 a share on the common stock, payable July 1 to holders of record June 15, compared with 75 cents paid the previous quarter. Washington Exchange | SALES. Capital Transit Co.—10 at 10, 10 at 10, 10 at 10. Potomac Electric 5%% pfd—10 at 11072, 10 at 110!, 10 at 1107, Mergenthaler Linotype—5 at 46‘ Real Estate Mnfl»fl‘! & Gu.lrlnty PId.—25 at 51, Notice—This exchange will be | closed Saturday next and Monday, “Memorial Day.” Bid and Asked Prices. BONDS. PUBLIC UTILITY, Amer. Tel &Tzl 4'/~,l Bt Anac Z L3 = e aas S53I5IRR Ann & Samtal Traction R, City & Suburban Georaetown. Gae Pot Wi BUXRIR; t 31es 55 1958 B8 1960 Wash, Rwy. & Elec. Chevy Chase Club 1st 4% Col. Country Club 5izs W. M. Cold Storage 58 Wash. Ry, & EL com. 15 Wasn, Ry. & B 5d (8) o100 BANK AND TRUST COMPANIES. Amer. Sec. & Trust, Co, (e8) Bank of Bethesda Gapltal (4 Com. Geotkes Bx & Tv. €807 Rikes (eR) Riges nid. (5 Vashington American Corcoran remen’s (1 Nitional “Onicn (.60) TITLE INSURANCE, Columbis (.30 Real"Betate 16) 1! Oarpel Corp. (2.00) Lansion Monotrpe’ (14) Lincoln 8erv. com. (- Lincoln Serv. Meraenthaler D, (3) th. com. (41.50) an By Construction Es (he Associated Press NEW YORK, May 27.—Engineer- | ing construction awards for the \leek‘ ended Tuesday totaled $57,616,000, 4 per cent over the preceding week and a 62 per cent increase over the $35,466,000 in the .ke 1936 period, Engineering News-Record, a trade publication, reported today. Private awards were $29928,000, against $12,662,000, and public con- tracts aggregated $27,688,000, com- pared with $22,804.000 a year ago. Of the public awards $2,446,000 were Federal and $25.242,000 were State and municipal. In the like week last year these amounted to $4,701,000 and $18,103,000, respectively . THE WEATHER District of Columbia—Showers and | thunderstorms this afternoon and night, probably clearing tomorrow morning; cooler tomorrow; gentle to moderate southwest, shifting to north- west or north winds. Maryland and Virginia—Showers | and thunderstorms tonight, probably | clearing tomorrow morning; slightly | cooler tomorrow. West Virginia—Local thundershow- | ers and slightly cooler tonight; tomor- | row generally fair and cooler, preceded by showers in extreme east portion. River Report. Potomac aid Shenandoah Rivers clear today. Report for Last 24 Hours. Temperature Barometer Yesterday— degrees. inches. o.m, 7 26,86 mdm:m Togs Record for Last 21 Hours. (From noon yesterday to noon today.) agllighest. 84, 3 pm yesterday. Year ago. 85. 70. 6:30 am. today. Year Recerd Temperatures This Yesr. Highest. 93. on_April 18. Lowest. 10, on February 28. Humidity for Last 24 Hour: (From noon yesterday to noon today.) Highest, 86 per cent. at 5:10 a.m, to- Towest. 45 per cent, at noon toda Tide Tables. (Furnished by United States Coast and Geodetic Survey.) The Sun and Moen. Sun. today 1is today 9:30 p. Auwmobue lights must one-half hour after sunset. Preeipitation. Monthly precipitation in inches in the Oapital (current month to dat 3. i p.m. be ?S Bypzennanass oo “”mfiPPP??P?“ avaan SBTARIRBURE 2B 2o Estamiso e o Weather in Vmolu cnle-. Temp. Rain- Baro. H'h.Low.fall. Weath'r Clear Stations Abilene, Tex. Kansas Oity, Los Angeles Louisville, Ky."- Minneapolis, wdwd, &Lo'.h ofd. (7)___ 11 *Ex. dividena, +Plus extras. 2% _extra. h l‘g% ellrl 280 w-m .Iulu 30. 1936; 45c paid De- umbo! 22, L INSURANCE STOCKS NEW YORE. May 27 (P.—New York Security Delers’ Association: . * Asked. Ya 96, Aetn 28) etna gu o New Orleans New York, N.Y. Oklanoma” Gty 3060 Omaha, Nebr. _ Phll-d‘elnmn Z Rain FOREIGN STATIONS. (7 am. Greenwich time, today.) 4 | overs; BALTIMORE, Md., May 27.—Pota- toes, old, 100-pound sack, 1.75a2.25; new, barrel, 4.00; 100-pound sack, 1.25a2.25; sweet potatoes, bushel, 1.00a 1.50; yams, bushel, 75a1.00; asparagus, crate, 1.00a3.00; beans, bushel, 1.75; beets, crate, 1.50a1.60; cabbage, pointed type, hamper, 50a65; carrots, crate, 2.50a4.25; caulifiower, crate, 1.50a1.65; celery, crate, 2.00a3.75; corn, crate, 3.00; cucumbers, bushel, 2.50a 4.00; eggplants, bushel, 1.75a2.00; let- tuce, Western, Iceberg, crate, 1.50a 3.00; Southern, Big Boston, hamper, 50a60; nearby, bushel, 25a40; lima beans, bushel, 2.00a4.00; mushrooms, 4-quart basket, 25a90; onions, 50- pound sack, 85a1.65; peas, bushel, 60a 2.00; radishes, nearby, bunch, 1la2; rhubarb, nearby, bunch, 2a3; spinach, nearby, bushel, 25a40; squash, bushel, 1.25a2.00; tomatoes, lug, 1.75a3.00; ap- | ples, bushel, 1.50a2.50; box, 2.50a2.65; blackberries, quart, 10a18; cantaloupes, crate, 6.00a7.50; grapefruit, box, 2.25a | 3.25; oranges, box, 2.50a4.50; straw- berries, crate, 1.50a3.50. Dairy Markets. Live poultry—Broilers, Rocks, pound, | 22a24; mixed colors, 22a24; Leghorns, | 18a21; fowl, Rocks, 20a21; mixed col-; ors, 18a20; Leghorns, 15al17; roosters, | 10a12; ducks, 15a17. Eggs—Current receipts, dozen, 20a 21; hennery whites, large, 21!,a22; medium, 20a21; receipts, 2,364 cases. Butter—Prints, pound, 34a35; good to fancy, creamery, 32!;a33!;; pack- ing stock 18; rolls, 20; receipts, 1,182 tubs. Seafood Market. Catfish, pound, 3a5: dressed, 7a8; carp, 3a4: eels, 9a10; haddock, 10a12; herring, 3a4; mackerel, 7a8; rock, 12; white perch, 3a5; yellow, 8a10; trout, 4a8; blue fish, 8a10; flounders, 10; croakers, 3a4; spots, 3a4; hardhead, 3a4; butterfish, 6a7; roe shad, 17; split shad, 8; buck shad, 15a18; soft crabs, dozen, 40a55; hard crabs, dozen, 20a30; barrel, 3.00a4.00; crab meat, pound, 25a55; shrimp, 12a15; clams, large, 100, 90a1.25; Cherry- stones, 65a75; iLttle Necks, 50a60; frogs, each, 15a20. Tobacco Market. Quotations on old stock—Maryland | firm leaf, nondescript, 3a4: common, 4a10; medium, 10a30; good to fine, red, 30a40; seconds, common, 3a7; medium, good to fine, 15a35. Live Stock Market. Cattle—600, including 200 hold- overs; steers and bulls steady; cows weak to shade lower than Wednes- day and 25 to 50 cents under best time early Monday; sales medium and good grade steers mostly 10.50a11.25; few head, 1,150 pounds, 11.50; plain light weights, 9.00810.00; bulk low cutter and cutter grades cows, 4.25a 6.00; plain and medium grades, 6.2 and medium bulls, 6.0087.25. Calves—400, including 50 hold- vealers steady to weak; with good grades, 9.50810.00, mostly; plain and medium, 7,0089.00; culls down to 6.00 or below. Hogs—1,225, including 125 hold- overs; generally 15 to 25 cents lower than Wednesday; demand dull at the decline; good and choice grades, 170 to 210 pounds, 11.90a12.15; top, 12.15; 3220 to 250 pounds, 11.50a11.80; heavy weights down to 11.00 or below, 140 to 160 pounds, 11.45a11.70; 120 to 140 pounds, 10.75a11.00; good grade pack- ing sows, 9.75a10.15; hogs from doubt- ful areas not represented in above quotations. Sheep—950, including 150 ~hold- overs; new crop lambs 25 cents lower than Wednesday; good and choice grades, 12.50a13.25; top, 13.25; plain and medium grade throwouts, 8.50s 11.50; mostly around 10.00; fat REAL ESTATE LOANS On Improved property in D. C. and Arlington County, Va. nominal. prospects of 1.00 discount on throw- out buck lambs. Grain Market. Opening prices were: Wheat—No. 2, red, Winter, garlicky, domestic, 1.37% ; 1.00a | May delivery, | vellow, 1.25; SKENANDOA PLAN APPROVED 3 NEW YORK, May 27 (#).—Sken- andoa Rayon Corp. stockholders ha\e approved of plan of recapitalization which provides for reclassification of preferred stock and changing the | common from no par to par $5. 4 Adoption of the plan will eliminate accumulated unpaid dividends on the | | present preferred stock. pany's plant is at Utica, N. Y. HIGHER PROFIT SEEN. NEW YORK, May 27 L. Wayman, president of Ritter Dental Manufacturing Co., at the annual meeting he expected sec- ond-quarter net profit would run ahead | of a year ago. Judging by the current outlook, he said, business for the bal- ance of the year should be good. PHILADELPHIA PRODUCE. o PHILADELPHIA po -Fowls. white Leghorns, old_roosters. Blvmouth Rock. 26~ 8) 8pring chickens, Leghorns, 15-20; turkeys. | ancy hens, 17 noumy—ola Toosters, picked: 14-15 LONG TERM Mortgage Loans 1.37%. Western billing at a| premium over this price; cob corn Oats—No. mestic, 64a74; No. 3, 63a73. grain on track there is an additlonal | charge of 11; cents per bushel for | storage and elevation on all sales of oats. Rye—No. 2, 1.30a1.35. Barley— | BU 93a98. Hay market holds steady to firm |Gincinnait - under a good demand for timothy and clover mixed at 17.00a22.00 per ton, but it takes well-graded No. stock to bring the price. Poorer grades | 3¢U2)! hard to sell and market irregular on | ouisy | all grades below No. 3 stock. told stockholders Ma; Plylnm;!h Rock week was $557,133,000. Corn—No. 2, 2, white, do- Except to date: Boston S Philadelphia ___ fTalo Pittsburgh Cleveland Baltimore Richmond Atlanta New Orlean; 1| Chicago Francisco tland. Oreg :en\tlr 2 Total = New York Total all Average daily: May to date —_ The com- By the Associated Press. () —Edwin net unchanged for change dealings fore. 27 (P.— Crossbreds A58, 69.00; 4155 1937, 93.10. Exchange on London, Monthly Payments of $6:60 on each $1,000 borrowed, include interest and pay off loan in 20 years. ® Interest charged only on unpaid balance of prindpal. ® Amount loaned—up to 66%4% of appraised value. ® Valuable prepayment privi- leges Orher plans of financing first mmortgage loans available (In thousands of dollars.) Week 1.003 1.089.315 417 | dollar was quoted at 2239 . chan 5 DOLLAR IS UNCHANGED IN LONDON DEALINGS H. L. RUST COMPANY 1001 Rifteenth St. NAtional 8100 NO COMMISSIONS RENEWALS UNNECESSARY $400,903,000 below the rreceding week, whereas the loss in the similar 1936 Bank clearings at leading cities, to- gether with percentage gains, come pared with those of 1936, follow; also the daily average bank clearings for the months of March, April and May Per cent EUEr P LONDON, May 27.—The dollar was the second con- secutive day in today's foreign exe The United States unit closed at 4.94 3-16 to the pound, compared with a final sterling rate of $4.94 5-16 in New York yesterday. French francs eased to 110.62 to the pound against 110.59 the day be- PARIS, May 27 (#).—Rentes, 8 per cent, 63 francs 65 centimes; 4125 “A," 110.64. The 25. B %= cjpplicati\ans invited for LOANS on improved real estate in Washing- ton and Arlington County, Virginia. Rates and terms commensurate with security offered. Before you re- finance, build or remodel—=See us. KA’ ‘The American has been helping the LFRED . BLA people of Washington to acquire SECRETARY M. NEELY, homes for the past 63 years. TREASURER Ameriran Building Assoriation - 300 Pennsylvania Ave. S. E. OVER $9,700,000 UNDER U. 8. GOV'T SUPERVISION Ban Intl Petrolm t1%. Intl Safety Raz B tntl Utn (B) Iron Fire vto 1.30. n‘ Jacobs(FL)Co(1) 0114 | Jeanette Glss a600 6s '45 A 103% 101 10’(% Kingston Prod ¢0e 8,35 god 70 Kirby Petrol (20c) Klein (DE) (t1)_-. Lake Sh M (14)__. Lakey Fy & Mach. Leh Coal &N 30 Leonard Ofl .._ Lion Of]l Ref (1) Locke 8t1 Ch t80c.. Lockheed Afrcrafe Lone Star Gas 800 Long island Ltx Lucky Tiger t12c. Louis'a Land 40c.. Marion Steam 8h._ Massey Harris __ Master Elec (1) Mem Nat G (b10c) Merritt Chap & 8* Merritt C&Spf A Mesabi [ron Met Tex pt pf t3% Mich Bumper.___. Temperature, Weather. 85 UP SLIGHTLY IN WEEK The National Coal Association, from incomplete car loading reports from 7 Switserland. the railroads, estimates bituminous | ¥ & Dep (4) mhuln‘ .“dm-uh tlmne w“fgoud! coal production in the United States | Firemans Nwk | 3 35" | mortaCtBuman Asores”. Uee" ©9%%0uay for the’ week ended May 326 as ap- 8?"‘3;.“&"{10 8 (Current mzm) % | proximately 17,250, net tons. PN- obe o Rep. ( . Georges, Bermuds _ 72 duction for the nding w iobe & Bef (50 BinCSoun poerio Hios f2 1936, 6,819,000 tons; 1985, 6,397000 RS S2RITIRIFII3ZSZR32 555355599355 25 RELIABLE [ Cloudy Cloudy Clear Cloudy NEW YORK SUGAR. NEW May 27 (7.—Raw sugar was unr.h'l?ued today at 3.35 for spot but Bo_sales were renurmfl ures were eas! litdie brade o the No. 2 Contracts where operators were inclined to be cautious on account of uncertainty over sugar Iation at ‘Washington. there was moderste trade in No. 4 contracts. Prices declined under renewed liquidation and seiling by houses with producing connections. In the No. 3 contract, trading was con- fined to Seplember at 2.46 and March at %%, O Unchanyed o i poins net Tower. 0, the No & July diined from 118 to % and March from 1.28 i.28%. 1'% S Botnts et Tower. wit the markel l flld-‘ly YII“;I,' around the low WM. A. HETTINGER, PRESIDENT Tbe report of the Bureau of Mines 45 | Shows production of 6,980,000 tons for the week ended May 8 and 7,180,000 for the week ended May 15, 1987. Production calendar year to May 22: 1937, 181,876,000 tons*; 1936, 161,492,000 tons. *—Subject to revision. S JOINS CHILDS BOARD. NEW YORK, May 27 (#—L. A. Brown has been elected a director of s Co. and Alan N. Ohilds vice were. \.nelmued At B o sniinge. 84 il ith cnly mod- genersal operating manager. & z;l‘f‘;‘r e :;:wm w! % Y s—Declared or paid ; ‘ 1l 2 IR RS Do Sk h 0505« 8 5lbs 46 Ward' Baking ‘65 a7 waste caisouom 220 While there was 60! Pire (Slll) .- "g' River (1) BAS T BDID R DD S 12108 O1on P '5: R8 udl?btdfil 55 A»llfl%llfl%]lfl% ‘erni-8oc 6138 '53 A__ ww—With warrants xw——wnhout nr- rants. 8t (stp) —Stamped. tNegoth mmy impaired by maturity. tCompanies reported in receivership. B N e hae kS mea e §_.. ¥ e e Al e o 223258 vamen o & s FEEF s ™