Evening Star Newspaper, June 2, 1937, Page 17

FINANCIAL. CURB LIST SCORES MODERATE GAINS General Tone Apathetic De- spite Slight Rise in Some Sections. By the Associated Press NEW YORK, June 2—Some curb issues moved slightly higher today, al- though the general tone was somewhat apathetic. Noticeable among upward movers was Great Atlantic & Pacific Tea Co., United Wall Paper Sherwin Williams and Lake Shore Mines. Utilities and oils were fractionally higher in most cases, although Northern States Pow- By private wire direct to the Star. ANl time shown below Is daslight saving on which the Exchange is now operating. | 2:30 Stock and Snles— Dividend Rate. Add 00. High. | Acme W vte ( 441 Aero Supply B 3% Air Device Corp 3 | Ala Gt South (3) 50s T84 Alabam Pw pf(7) 90s 68 68 Aluminum of Am 200s 149 116 Alum Am pf (6) . 150s 118 118 118 Alum Goods b25c 3 167 167 167 Aluminum Ltd _. 7508 111 107 107 L Diievr s Ll R Am Airlines Inc 2" 21% 2 Am CP&L A (3) AmCP&LAWW2 % AmC P&L B aZlc Am Cynm B 160c Am & For Pw ww Am Fork&H (£1). Am G&E (1.40) Am Gen (a50c) . Am Laund M 80c_ Am Maracaibo __ | Am Superpower _ Low. Close. 813 er & Gulf O1l did not share in the up- | A ward moveme As trading some activit such issues as Wayne Pump. Cr Petroleum, American | Gas & Elect and International Pe- | troleum was apparent. 60,000 SHARES OFFERED FOR MIDWEST PIPING Bpecial Dispatch to The Star NE YORK, June 2. — Francis, Bro. & Co. of St. Louis and Macubin, Legg & Co. of Balu ore are offering at $11 a share 6,000 sha value common stock of Midwest Piping & Supply C: The underwriters have an op for one year to pur- chase at $11 share an additional 20,000 s ceeds of repay a gage note to rede in e NATIONAL TEA SALES CLIMB 34 PER CENT National Tea r weeks ended 4,497,374, com- like period cent. In sales were ago. For sales totaled 467 a year it. The com- arters at Chicago. UNION PACIFIC CHIEF HAILS WHEAT OUTLOOK the Associateq NEW Y O“ f 3.4 per r weeks June 2.—Promise of b as a result of re- < d Nebraska presi- Railroad, ¢ the road t ahead CURB BONDS ) DOMESTIC BONDS. Low. Noon 101 101 1% 1011 into the final hour | Ashiand Oi | Asso G | Atlas Corp war Atlas Plywd 113 Austin Silver Auto I'roducts Auto Vot Mch i0c Axton-Fisher A | Babcox & Wil 4 _ | Bald L bd ris(d) um Stain Stl ron Wks 5 3 130s 101y 31 758122 1D 4 an 1 11 208 114 2% 1 14% 101 31 17 2 0y 4 1l 11 14 114 26 2 1042 31 17 2 idge(blsc) HC 1st ni Roll B(2 LLAT by 105 1 b 1 o Bl Trod vie dro 1stpf reoni Synd(hifc) 110 L&P pr( 11 4GE& &L 0614) Cent States El £ P 40 v Burl (4) roush(t4) ‘asco Pr Cen H Cent 'ty Auto (T60¢) Con (bilc) ie Neon Lits nehifield Coal Colon Dev Ltd Colo Fuel&l war ColO& G ook P&Var T6ic Cooper Bessmer Copper Range Cord Corp Cosden Ol (d)_ | Creole Pet 1 SOc.- t Brewing . _ wn Dr (b20c) . )il R pf Mex Mining ¥ Pet (50¢) Dayton Rubber _ Derby Oil & Ref_. Det Gas pf 1.20 | Detroit Gr1 (n) . Det(Mich)Stove Det Pap Pr i23c_. Domin Steel Dow Chem (13) .. agle P I.d b20c 1 Bond & Share. 1B &S D (6) - 1Shpf wwi6) lectrol Inc vt ¢ mp G&F 6% pf mp G&F 7 vans Wall x-Cell-0 ( rehild (als staff Br ¢ anny Farm C | Ohio Brass (B) 3250 28| Powd'1 & Al | e THE EVE 2:30 Stockand Sales— Dividend Rate. Add 00. High. Low. Close. Mont Ward A(7). 305136 136 136 Montr HL&P 133 2008 2913 29 29 Mount C (a2le) 10 12% 12 121 Mount Prod(60c) 3 6% 6% Nat Bellas Hess_ 1 1% Nat Bd&Sh bsoc_. 2008 5 Natl City Lines 1 Nat Leather__ NY Merch (8uc)-. NY ra&Lpf (7). N Y Telpt (6%2)- NY Transit 18vc_ 3 10s 100s 1 109% 109 ‘¢ 1&!9 ' lll% Xllhll\‘- Niag HP(B)war_ 3 Niag H P 1st pt 5.100s Niag S Md Batle. 1 Niles-Bement(2z). b North Am L & P Nor Am L&P pf__ 100s NIPS 6% pt bisc. 1208 No II’S pf b871zc. 10s N Ray(B)ajsve. Z Northn Euro vil- Nort States P A __ 4 5ok a0 9013 21 58Iy 110 1384 28% 3% 64 63 29% 29% 10413 104", B bsla BEN 34 4% o 193, 101% Ohio P'wr pt (6)_. Okla Nat Gas ___ Okla Nat Gas pf_ Oldetyme Dist__ Pan-Am Air (t1)- Pac Gk Ist 1Y Pac Lig pt (6) .. Pantepec 01l Pennroad (aZbe Phila kL Pw pt Pierce Gov bloc_. Pioneer Gold 4vc_ Litts Forgin, Pitts & L & b4 Plough Inc 1 Potrero Sugar 208 4 1008 10415 By £ 34 24% 3% 193y 10i% 101 16 16 28 2% 24% Bt G_STAR, NEW YORK CURB MARKET | 15 & leading manufacturer of steel and 91y Premier G 112¢__ 'ub Sve Ind pt 1'ub S OKla pre7) ub Ut Sec pr pt Pug S &L pt b Pyiene Mig b2oe md Con (1) Red Bank 5 teybarn (bloe) - Leiter Foster _ oot P'et (blde) . vall'ype biic B Rustless L& Stl.. 2 13 | Ityan Consol _ Y St Anthony Gold St Lawrence C Lawr'nee C pl Regis Paper _ mson United covill (biue) cur Corp Gen Segal Lock & H__ Selected Indus 205 10s 2005 208 101% 101 | 1% 1% | a5 Bl | 5% | Sel Ind pt b3} Sellnalletfs el 11 prpf(5'z) tSaf Control eversky Adr __ Shattuck Den __ Shawin W&P &ue her-Will (14) _ Simmons H & P Singer Mfg (16) Sonotone (al0c) Soss Mfg (ale) R0 P’a Oil (1133) So Cal 2dpfC1ag 210215 1001 126 4 305 41 305, | Dividend Shrs I'spencer c8 Stand ap 1160 __ Stand Dredging Stand Drcv pf Stand Inv pf ww Stand Oil Ky 71 Stand Oil Ohio 1 s | Swan Finch | Tagg 5k 4 19% 14 114 11, 51 4 19% | 14 14 | 1115 | Sunray Oil (bic)_ Sunshine Min(3) Swiss Am Elpf__ Corp ylor Dist 30¢c - Technicolor ailc Thew Shov asic Tilo Roof Inc (1) Todd Shipyd +2 _ Trans-Lux t20e _ Transwest Oil Co ri-Contl C war__ nzPSailc | Tubize Chatil____ | U'td Chem pf _ | Unit Gas Corp | Utd Shoe M 1 U i U 1 Unit Gas war Utd G&1 pf (3 Unit L & Pw pf A Ut P&L pf b37izc US & Intl 21, S&ISIstprh2ls S Stores nit Stores ve nit Verd Ex(1) _ ‘nit Wall Paper Univ Corp vie . Utilities P&L(d). | Utilities Indus__ Valspar vte % | Valspar pf vie __ ire As Phila 12 “isk Rubber __ ranklin R a60c roedt (20c) % | Froedt cv pf 1.20_ 101141041, 11040310403 2103 4341617, 10512 105! 0013 60 Ll GrayTel Ps (1) Gen Invest Gen Fireprf b Gen Tele (b25c) Georgia Pw nf 6. 2008 Gilb'tAC DL, _ 50s Glen Alden (1) 2 Godchaux A(b3)_ 50s Goldfield Consol .. 10 Gorham (A) 6 Grand Natl Flms 6 5 T0s 14 Grt A&P T nv 16 Gulf Oil (b25c) Hall Lamp (80¢) , Hartman Tob Hat Corp B 80c Hazeltine hTse __ Hecla Min b4se _ | Helena Rub'st'n . Hewitt Rub bilc._ Hollinger G ¥ Holophane(binc) Frders Inc (+ | Hud Bay M b 2 | Humble Oil(1%4 1047, 10418 1047 1047 nd K3 Siper of 111 1086 Texas Elec Tex Pw & L Tice Wat P Wise & 4d%s 5 FOREIGN BONDS. Cent Bk Ger '51 B Denm_ M Bremm b 0s 5h A Ital Su Pw 65 '63 AL Rio de Jan 6%%s '59__ ww—With warrants, xw—Without warrants. n—New. T (Stp)—Stamped {Negotiability hpaired by maturity. ompanies reported in receivership. . Hoskins Manufacturing Co. declared a dividend of 40 cents a share on common stock, payable June 26. On ' March 26, 1937, a dividend of $1 a share was distributed. . ) 4 | Kingshury Brew_ Hygrade Food P_. Illinois Iowa Pw_ 111 Towa P pf 235 . 11l Towa P d ctfs Imp Oil Ltd t50c Imp Oil reg ta0c_ Ind P&L pf 615 | Ins CoNo Am t2 150s Intl Cigar Mfg t2 1 Intl Hy E1 S pf _, Intl Pete (113%)_ Intl Radio b2ic. Intl Util (B) Intl Util war new Intl Vita (50c) _. Inv Royalty t6e_. Jer C P&L pf 7 1 5 2 1 4 1 il 108 1 11 208 9415 2% 2% 5 4% 109 109 495 1379 8% Kingston Pr 40c - Koppers pf (6) — Lake Shore (14) . Lakey Foundry_ Leh Coal&N 30¢ Leonard Ol __ Lion Oil Ref (1)_. Locke Stl C t80¢ Lockheed Air Lone Star G 80c__ Long lsland Ltg_ 2 Long ILpf A(7). 208 Long I L pf B(6). 1508 | Loudon Packing_. 1 Louisana Ld 40c_ 18 Margay Oila50c.. 3 Massey Harris_.. 2 May Hos pf ww 4 1508 Merritt Chap&S. 11 Merritt C&S pf A. 1508 1 5 109 3 2 1 5 4 2 1 B Mesabi Iron . _. Mich Bumper Mich Gas & Oil. Mich Sugar. Mid Sta Pet (A) . Mid Sta P vtc(B) Midwest Oil(11) _ Minn M&M b40c.. | Molybdenum ___. | Monarch MT(t1). 1 1 1 2 1 508 1 1 | BANK DEBITS SHOW | nual Venezuela Mex Venezuela Pet . Waco Aircraft Walker Mining Wayne Pmp bl ;. W Va Coal & C Westn Auto bdlc_ Will-low Cafet'a . ‘Will-low Cafe pf_ Wolvr Tube bzic Wright Harg 140c Yukon Gold (b6c) Dividend rates in puartly or semi-annual payment. tAn- rate—not including_ extras, cumulated dividends. a Paid last vea b Paid this vear. d Companies reported being in bankruptcy or in receivership, being reorganized under the bankrupt act. or securities assumed by such com- panies. based on last | DROP DURING WEEK | E3 the Associated Press. NEW YORK, June 2—Withdrawals from individual and corporation bank accounts in the week ended May 26 was 5 per cent below the previous | week. Philadelphia alone among the 12 Federal Reserve districts turned in a gain; more than 27 per cent. The downturn was held seasonal by bankers, who pointed out the total was 12 per cent above the same figure last year. Bank debits in 274 leading cities, re- ported by the Federal Reserve Board, compared as follows: Week ended May 26..._$8,330,030,000 Previous week __. - 8,810,349,000 Same period last year... 7,410,174,000 o U. s TREASURY NOTES. NEW YORK. June 2 (#).—Prices quoted in Gollars ahd LIy seconds. Approx, Month. P.C. Year. Bid 8ep. 37 Asked, " yleld. 225z BEREE; ProIDERED Eo Gen o REIRIRE! b s b b Pp550550000200 28332RSRERE! =323533, igiis Goigi domens b S I b 0 1903000 N L i'. D0555525000053; 1 btttk |t T L W Ll b S I BSS RO ADOH T I SooD! NEW YORK PRODUCE. NEW YORK, June 2 ().—Egss. 7 steady. Mixed colors. standards, 21° "/c» other mixed colors unchanged. Butter. 30.741, nrm Prices unchanged. hees 852, State, whole milk fruh foddel’l fancy, 162: fresh, RTass, 17-17%: held, faney.'1936. 2215-23. Live poultry. by freight. steady.” Prices unchanged. <L By express. steady to firm. Broilers, Leghorn, 15211 ks, 21-24; Reds. 16-18; Roen 20, Towl “colored: 18-10: Len- horn. 16:17; mcsuu 11-12; other express prices unehange: | quarters a | cents was paid, with extras of 40 ce | located at Athol, Mass. 424 | Se | Stand { Super Dressed “f’ about ntendy P‘resh and xm.g_f'ma’fi'{mn 14%4°18 ‘tresh prices WASHINGTON, ARMGO INCREASES DIVIDEND RATE Common Stock Payment of 50 Cents Ordered as Profits Rise. By the Associated Press. NEW YORK, June 2—American Rolling Mill Co. declared a dividend today of 50 cents on the common stock, payable July 15 to stock of record June 15. In the previous quarter a dividend of 30 cents was paid. G. M. Verity, chairman of the board, stated the increased dividend was the result of higher earnings in the first quarter and good future prospects. American Rolling Mill Co. iron sheets, with principal planis lo- cated at Ashland, Ky.; Middletown and Zanesville, Ohio; Butler, Pa., and Kansas City, Mo. MacFadden Publications. MacFadden Publications, Inc, de- clared a dividend of $3 on account of arrears on the preferred stock, pay- able September 21 to stock of record August 31 and a dividend of $3 on the preferred, payable July 15 to stock of record June 30. Chairman of the Board Bernarr MacFadden said net results from magazine and book operations for the first four months of this year before taxes, but after depreciation, are esti- mated at $700,000, compared with $520,000 for the like 1936 period. Starrett Co. L. S. Starrett Co. declared a divi- dend today ot $1.75 on the common stock, payable June 26 W stock of | record June 16. 1n the previous three regular dividend of 35 in March and 25 cents in December. The company is a leading manu- facturer of precision tools and 1in- struments, with its principal plant INVESTING CUMPANIES NEW YORK. June York | curity Dealers’ Associat (Noon quotations.) New A Gen B me Am s Slocks Bancamer Blair Bankers Nat 1v Corp Basic industry Corporate 'IT Corp A AL mod, Depos Ins S Depos Inx 8 Diversitied 1 Equity Corp 33 pf Figelity Fund Inc First Boston_Corp Fixed ‘Irust 8h A Fixed Trust Sh B Found Tr Sh A Fund nvesiors Ine Fund It Shrs A Tr Sec Atriculture Sec Automobile Sec Building Sec Chemical Group Sec Fooa Group Groun Group Sec Mining D. C, WEDNESDAY JUNE 2, 183 FINANCIAL, Industrial Production of the United States as Reported by the Federal Reserve Board Based Upon an Index of Total Production in the United States as Calculated by the Federal Reserve Board The 1920-1921 Decline Amounting to 33 per Cent Lasted |5 Months 1920 21 ‘22 '23 ‘24 '25 June, 1929, in 1933 to July, 1933— &7 per Cent in 4 Months Figures Are Corrected ?or Seasonality and Therefore Show Chnngn in Business Irrespective of Season ‘26 ‘271 '8 29 ‘30 ‘32 (Cosrn 137 1 T s P | March and April Was Greatestin History— Except During{ 60 & Months of ‘3B 34 38 | State and New England Sec Petroleum Sec R R Equip D Sec Steel Sec Lobacco Holdini Incorp Investors Insil Sec: Bank Group Instl Insurance Investors Pd C I, Kystone C | Nation wide \.o'lnl or: Natl Inv New England Fund Y Bk Tr Shrs ¥ Stocks, Bk Stocks ocks. Blde Supply ¥ ‘Stocks. Elec Equip Y Stocks, Insurance cks. Steel North Am Bond It cits Nor Am Nor Am Tr Sh ] Plymouth Pund Inc Quartetly Tncome Sh | Selected Am 8h Inc Spencer Trask Pu Am Tr S!ns Util Inc, of Am of Am of Am of Am Super of Am Super of Am 7 Supervised Sh Trusiee Stand Inv ¢ Trustee £ and Inv D Trusteed Am Bk Trusteed Thtuetrs Shrs Wellington Fund Stand A Super 't AA Suner r B Super 15.00 a9 161 2075 FEDERAL LAND BANKS YORK. June 2 (#).—; a“k p ol Federal Land Offer. 1045 1013 T0te 1013 1oash CHICAGO PRODUCE. CHICAGO. June {0, lrucks. steady: lai 5 pounds “an 2 (#).—Poultry. hens d less live, | over 5 pounds, 172:_Leghorn wvmomn barebacks, colored. Plymouth and White harebacks. 18 Lezhorn. 151,501 Spriigs. colors Plymouth Rock. White Roci. b.rcbms 2 13 Leghorti roosters. 17: turke 1e: foms n.] hr\d 2 turkeys 130 dne ite and colored. "4 u: 5 white 2 pounds up, 1 R E uda creamery spe. Eg; Tocal and “aats. iy local. 181%: cars. 18%: current re- storage packed extras, 2015: storage packed firsts. 2014, Potatoes. 44: on mwk, 230: total U. 8. stock. demand”_slow; shipments 934 19, Idaho, Russet weaker; piies few sales 2.35-50; sacked n:rU undredweight: o 9 3 05¢ ? Colorato. Rasset Bas banks U and partly_grade S. No. 210. New Stock: Best quality Southern Triumphs slightly ~stronger: ~ California stock _sli qh(!y weaker: supplies moderate. gemand, light: Lou\.nn;x (Bliss, Triumphs 52 80: fey fne auality. w:shed % 406: 5" No; 2, 1.10; Y Bliss Triumphs. U 1, heated some spotted s-cks 4 . 60 White Rose. forni 0. around 5:04: 0 8 o' Burban| U. 8 Ao c most] size. 1.50 o 95, 3 car. g U. S. TREASURY POSITION. By the Associated Press. The_ position of = m‘c othe, Treasury on May 4 sto N S ,’”, L m 0;5 iecelpts for'" the Recéipts for the fiscal year (since July $AA0140.042 14 expenaiiurer’ 367 inc]udm 85,3, excess Bendithres 77, 264,010 13: “Eross FOREIGN MARKETS. LONDON. June 2 ().—Early strength in the stock market was lost today on real- . Volume dwindled in late trading. The close was somewhat irregular, Trans Atlantics were steady. Gilt-edged issue; declined slightly. "The mining group w. European bonds and home rails we;e firm. 'ARIS —Most _issues on the Bourse closed firm today. Government bonds were irregular. Net gains were registere Ban| ance. up 190 _points: Sues 280 higher; Citroen. 19 points ad- RUBBER FUTURES. YORK. June $ (P.—Crude rubber fu!uru opened firm, 46 to 48 higher. | pany has plants at Dunellen, N. J., ended March 31 of $294.074, equal to | Washington Gas 5s, .49-55: 3 +68; De- Sember. 20.78- ms.enumber 2008 1 REMINGTON NETS $3016,732 PROFIT Year’s Total Compares With $3,010,288 for Preced- ing Period. By the Assoclated Press. NEW YORK, June 2—Remington Rand, Inc, reported today net profit for the year ended March 31 of $3.- 516,732, equal to $172 a share com- pared with $3,010.288 or $1.36 a share in the preceding year, after deprecia- tion, interest, amortization of dis- count on debentures and Federal in- come and undistributed profits taxes. The company manufactures type- writers and filing equipment with principal plants located in New York United Aircraft. United Aircraft Corp. and subsidi- | aries announced net income for the 12 months ended March 31 totaled $2.- 285,452, before surtax, equal to 91 cents | a share on the $5 par capital stock. The | figure is estimated on 2,518,122 shares | of stock, which will be outstanding | when all exchanges for common stock | of United Aircraft & Transport Corp. have been effected, and compared with $1.926.442, or 7!, cents a share, for | the preceding year. W. F. Hall Printing. W. F. Hall Printing Co. and sub- sidiaries reported for the yvear ended March 31, 1937, net profit of $701,523, equal to $1.79 a common share. This compared with net loss of $13,200 in the previous fiscal vear. The com- and Chicago. Stone & Webster. Stone & Webster, Inc., reported consolidated net income for the quarter | 14 cents a share. This compares with net income of $251,222, or 12 cents a share in the same quarter of 1936. MclIntyre Porcupine. McIntyre Porcupine Mines, Ltd., re- ported today net profit for- the year ended March 31 of $3,560,372 after expenses, depreciation, provision for taxes, etc., equal to $4.46 a share on 798,000 shares of capital stock, com- pared with $3.582.912 or $4.49 a share the preceding year. Washmgton Exchange SALES. 1958—51,000 at 1051, Capital Transit Co—1¢ at 101, at 1014, 2 at 10, Potomac Electric Power 5! 2 at 11015, Riggs National Bank pfd.—5 at 101’2 10 2% pfd.— Notice—This exchange, beginning June 5, will be closed Saturdays dur- ing June, July and August. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel & Tel %5 Anacostia & Pot. 2 AR ol &our Ee & P. Tel. of Va. bs Capital Traction Jst 5s City & Suburban hs Georeetown_Gas st Pot. Elec. Pow. 1'.s Wash. Gas 5s 1958 Wash. Gas 5s 1960 i Wash, Rwy. & Elec. 4s MISCELLANEOUS. Chevy Chase Club 1st 4las. 104 W. M. Cold Storage as ___ 100 STOCKS. PUBLIC UTILITY. & Tel. Amer. Tel, sh. 5 (36~ Wash: Ry & Ei. Bra. (5~ BANK AND TRUST COMPANIES. Amer. Sec. & Trust Co. (e§) 200 305 Bank of Bethesda (h.75) Capital () S om. & Savings (10) Eerts” & !fimlclwln 0!0;5\ 3 Sav. BT Geotees Bk, & Tr. (50) Riggs (eR) Riggs ofd. (5) Washington (6) Wash, Loan & Tr. (e8). FIRE INSURANCE. Amerlcan ()_ 110 Corcoran (5) * remen’s oo union (600 TITLE INSURANCE. Columbia (.30) Real Estate’ (6) M'IBC'!:LLANEOUB ourpel Corn. (2.00) .- Lanston Monotype (14)" [incoln’ erv. com. (¢1.00)- Eincoln Sev. Bia (4 Mergenthaler’ Lino. Peoples Dr St. com. Peovles Dr. St. pfd. Real Est. M.&G. pf, ( Security " Storase, (5) oth. ¢ Wamd: & Toth com G0 a8 *Ex. dividena. 1Pl extras, extra. extis. ""6:5 Dljd June 30. 1936; 45¢ pald De- cember 22. 1936. - FOREIGN BONDS GAIN. NEW YORK, June 2 (Special).— Foreign dollar bonds advanced 1.63 per cent during May according to the Foreign Bond Associates, Inc., index of 50 representative issues, which stood at 59.35 on May 31, compared with 58.40 on April 30. The 29 European issues in the index rose 2.72 per cent and the five Australasian issues 1.60 | basket, |2.25; crate, 2.50a2 | bunch, 1',a2; 11.50a2.50; box, 2.50a2.65; blackberries, | 9.00; | bucks out at 1.00 discount; | from 4.00 down. per cent. The 16 South American Is- sues declined 0.12 per cent. i Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., June 2—Pota- toes, new, 100-pound sack, 1.00a1.90; barrel, 1.75a3.00; bushel, 1.00al.10; BIE 100 TonabEack Ui sag 3ot sweet | potatoes, bushel, 100a150; yams,| bushel, 75a1.00; asparagus, crate, 1.00a 275; beans, bushel, 75a1.50; beets, crate, 140a1.50; cabbage, pointed | type, hamper, 50a65; carrots, crate, 2.00a4.50; caulifiower, crate, 1.50a1.60; celery, crate, 2.50a3.50; corn, crate, 2.00; cucumbers, bushel, 1.25a3.25; Eggplants, bushel, $1.25a1.50; lettuce, Western, Iceberg, crate, 1.50a3.00; nearby, Big Boston, bushel, 15225 Iceberg, bushel, 25a40; lima bean bushel, 2.00a3.50; mushrooms, 4-quart 25a75; onions, 50-pound sack, 65a1.40; peas, bushel, 75a2.00; nearby bushel, 1.50a1.65; peppers, bushel, 1.50a radishes, nearby, spinach, nearby, bushel, 50a1.00; to- 1.50a2.75; apples, bushel, 30a40; squash, bushel, matoes, lug, quart, 6.25; anges, crate, 18a30. 5a10: cantaloupes, crate, 4.50a grapefruit, box, 225a325; or- box, 2.50a4.75; strawberries, 1.00a3.00; watermelons, each, Dairy Market. Live poultry—Broilers, Rocks, pound, | 22a24; mixed colors, 22a23; Leghorn: 16a20: fowl, Rock, 19a20, mixed col- ors, 18al19; Leghorns, 14a16; roosters, 10a12; ducks, 14al5. Eggs—Current receipts, hennery whites, large, 2 20, receipts, 1932 cases Butter—Prints, pound, 34a35; gcod to fancy, creamery, 32!,a331;; pack- ing stock, 18; rolls, 20; receipts, 547 tubs. dozen. 20; i medium, | Live Stock Market. Cattle—150; cows and steers fully | steady, some steers steady to strong: few loads 875 to 1,018 pounds medium to just good grade steers, 10.90a11.00; part load good 980 pounds average, 11.25; some plain lightweights, 9.25; low cutter and cutter grades of cows, | 4.00a5.50: few plain and medium | grad 6.00a6.50. i Calves—50; vealers steady with bulk sales Tuesday; good grades, 9.00a | 9.50 mostly; plain and medium, 7 ole‘ culls down to 6.00. Hogs—350; weights from around | 250 pounds down, steady with Tues- | day; weightier butchers weak to 25| cents or more lower and dull despite relatively small percentage of weights above 250 pounds; good and choice, | 170 to 210 pounds. 11.75a12.00; prac- tical top, 12.00; 220 to 250 pounds, 11.25a11.60; 260 to 300 pounds quoted | from 1075a11.25 and 325 to 350 pounds from 10.25a10.50; 140 to 160 | pounds, 11.25a11.50; 120 to 140 pounds, 10.50a10.75; good grade pack- ing sows, 9.50a10.00; medium grade, 9.00 down; hogs from “doubtful” areas not represented in above prices. Sheep—375; Spring lambs slow, | steady to 25 cents lower than Tues- | day; opening sales, good and choice | grades, 70 to 75 pounds, 12.00a12.50: plain and \ medium grades, 8.50a11.00; odd head | clipper fat slaughter ewes steady, | Sea Food Market. Catfish, pound, 3a5; dressed, carp, 3a4. eels, 9a10; haddock, loaIZ, herring, 3a4; mackerel, 7a8; rock, 12; white perch, 3a5; yellow, 8al10; trout, 4a8; bluefish, 8al0; flounders, 10; | croakers, 3a4; spots, 3a4; hardheag, | 3a4: butterfish, 6a7; roe shad, 17; split | shad, 8: buck shad, 15a18; soft crabs, \ dozen, 40a55; hard crabs, dozen, 203 30; barrel, 3.00a4.00; crab meat, pound, 25a55: shrimp, 12al15; clams, ! large, 100, 90a1.25; Cherrystones, 65a | 75; Little Necks, 50a60; frogs, each, | 15a20. | Tobacco Market. Quotations on old swckaMaryland firm leaf, nondescript, 3a4; common, | 4al0; medium, 10a30; good to fine, red, 30a40; seconds, common, 3a7; me- dium, good to fine, 15a35. Grain Market. Opening prices were: Wheat—No. 2 red Winter, garlicky, spot domestic, 141; June delivery, 141. Settling | prices were: No. 2 red Winter, gar- | licky, spot domestic, 1.40; June de- livery, 1.40. Corn—No. 2 yellow, do- mestic, 1.25; Western billing at a premium over this price. Cob corn, nominal. Oats—No. 2 white, domes- tic, 65a75; No. 3, 64a74. With the exception of grain on track, there is an additional charge of 1!, cents per bushel for storage and elevation. Rye—No. 2, 1.30a1.35. Barley, 93a98. Hay market holds steady to firm under a good demand for timothy and clover mixed at 17.00a22.00 per ton, but it takes well-graded No. 1 stock to bring the price. Poorer grades hard to sell and market irregular on all grades below No. 3 stock. AIR TRANSPORT INDEX WELL ABOVE YEAR AGO Spectal Dispatch to The Star NEW YORK, June 2.—The indicator for revenue passenger miles in air transport for April, 1937, stands at 105.5, or 5.5 per cent improved over the corresponding period in 1936, ac- cording to the June issue of Aviation. For March the indicator stood a 107. While April's figure was slightly lower than the previous month, it showed a substantial increase over passengers revenue for April, 1936. MONTREAL SILVER. ONTREAL, June 2 (P.—Silver futures nened steady ' and unchanged. July. 87b: !eblember. 44.57b; December. Al 50b, b—Bid. {31 per cent in May, | April and 6 per cent ahead of May | last year, being the first month this | | year that public awards showed a .0000000000000.‘000000.‘.0.0000000000.0000 (3 May Construction Soars 66 Per Cent *¥%% A—17 JUMP PREDICTED INWHEAT HARVEST Largest Winter and Spring Production Since 1931 Forecast by Experts. By the Associated Press. CHICAGO, June 2—Crop experts in Chicago forecast today the largest Winter and Spring wheat production In the United States since 1931, | The average of six private esti- mates, based on personal observation throughout the crop area and on re- ports from hundreds of farmers and grain men. indicated a 1937 harvest of 878,000.000 bushels of Winter and Spring wheat. This compared with a crop of 626« 000,000 in 1936 and an average pro- ‘l“luclmn of 863,000,000 for the period from 1928 to 1932. The estimates, however, showed crop deterioration occurred during May in the Winter wheat belt. The average of the six production fore- casts indicated a Winter crop of | 649,000,000. This was 3,000,000 bush- | els below the average a month ago and 5,000,000 below the June 1 Gov- ernment forecast. A year ago the Government forecast a Winter wheat crop of only 482,000,000 bushels and the final 1936 es.imated production Above 1936 Level By the Assoclated Press NEW YORK, June 2.—Engineering construction awards for May showed a 66 per cen! increase over May last year reaching $235,012,000, the highest dollar volume of 1937 and the highest for any May sinc. 1930, the Engineer- ing News-Record reported today. This was also & 36 per cent gain over April For the fourth successive month this year, lead over public, showing a 40 per cent gain over April and 230 per cent over May, 1936 However, public construction was u; compared with gain over 1936, NEW YORK BAR SILVER. NEW YORK, June 2 (£ —Bar silver steadier, !g higher at 45. Safe Investments First mortgage notes, 6% =i 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 Years Consult us if you wish private contracts held their | was 519,000,000 bushels. The first estimates of United States Spring wheat production this year in- dicated a crop of 229,000.000 bushels. compared with the 1936 estimatecd harvest of 107.000,000, one of the smallest on record hecause of the serious drought. The average of the estimates also indicated oats production would total 1.149.000,000 bushels, compared with 789,100,000 last year and 1,125435,000 in 1935. | Rve production was estimated at an | average of 47,000,000, compared with 25.554,000 in 1936 and 57.936,000 in 1935. A month ago the Government indicated rye production at 43,000,000 bushels. 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