Evening Star Newspaper, June 6, 1937, Page 64

| e BEST GAINS MADE BY CASUALTY FIRMS All-Time Peak in 1935 Followed by Further Increases in 1936, Poor’s Declares. Special Dispatch to The Star. NEW YORK, June 5—Casualty un- derwriting has registered greater gains than any other insurance line since the depth of the depression, ac- cording to an analysis of Poor’s Stock Reports. In 1935 aggregate casualty premiums established a record high, surpassing for the first time the total of fire premiums. “The wide application of casualty Insurance brought further gains in FINANCIAL. THE SUNDAY STAR, WASHINGTON, D. C, JUNE 6, 1937—PART FI WEEKLY SUMMARY OF THE NEW YORK CURB MARKET ‘WEEK ENDING SATURDAY, JUNE 5, 1937. By the Assoclated Press. 1937 High. Low, FINANCIAL Wanted to Buy— Home A private party wants to buy detached home, northwest section, good size wooded lot—strictly modern—four bedrooms, two baths, second floor, finished attic, etc. Not interested in commercial speculative offering. Will Pay $15,000 to $20,000 and Sub- stantial Cash Payment Address Box 157-B Star Office. Net. Low. Close. Chse. M - % 1937 High. Low. T 5% 10% 6% 2T% 17% L3 71 41% 57% 4 8y 2% 15'% 57% 1937 High. Low. Stocks and Dividends. (13 New York Transit t30c. 65 N Y Water Servic pt__. 16% Niagara Hud Pwr n Niag Hud Pw (A) wa: Niagara Hudson B war_ Niag Hud 1st pf (5) ___ Nijag Shares(Md)B a60c Niles-Bement (b1) __ Net, Stocks and Dividend: Duro Test (40c) .. 5 Duval Tex Sul (a50c)_. 8 Eagle Pitch Lead b20c__ 19% East'n Gas & Fuel Asso. 6% East'n G & F Asso pf(3) 4 East'n G&F pr pf (43%). 59 59 Eastern States Power _ 4 Easy Wash M (B) b25c. " Eisler Electric ( 2% Elec Bond & Share 16% Elec Bd & Share pf (5) 4 58 Elec Bd & Share or (8)._ 68% High. Stocks and Dividends 26 SouCal Edispf C (1%). 2 Southern Union Gas 8% Southl'd Royalty b20c 8% Spencer Chain 8 (b75¢) ’ Standzrd Brewing 20% Stand Cap & Seal(11.60) 4'» Standard Dredging.. 15'% Stand Dredging cv pf._. % 43% Stand Invest cum pf Noma Electric (b40c)._ 19 Standard Oil Ky (11) . North Am Lt & Pw_____ 3% 33% Stard Oil1 (Ohio) (r1)_ North Am Lt & Pw pf 5% North Am Rayon A b50c 41% North Am Ray (B) balc. 43 North Kurop 011 Corp _. bl NorInd 'S 6% pt bi5c. 804 NoInd PS 7% pf b871%c 90l 4 28 2 Northern States Pwr A 21% Northwest Eng (b50¢)_. 27 1614 Std WholesaleP&A 1.20 Novadel Agene (2) 6l Starrett Corp v.t.c. Ohio Brass (B) (3) 3 8 Sterchi Bros (aj0c) Ohio Ofl cu pf (6) 35 Sterchi Bros 1st pf (3)_. Ohio Power pf (6) _ -2 9 Sterling Alum (b25¢) - Oklahoma Nat Gas Co. 3 - % 4% Sterling, Inc t20c 3 Okla Nat Gas Co pt. g + % 6 Sterling Brewery (a75c) 4 Oldetyme Distil_ 3% - 18 Stetson (J B)(b50c) Pac G & E 1st pf (1%) 974 1 — 8 Stutz Motor Car_. Pac Lighting pf (6) . 104 4 % + 191 Sullivan Machine Pac Pwr & Lt pf2(b312) 68 % 16 Sun Ray Drug (180c)_. Pacific Public Servies___ 5% 3% Sunray Oil (b3c) - Pacific Tins spec (12) . 42 18 Sunshine Mining (3) Pan-Am Airways (11) . 64 16 Superfor Portld Cem B_. Pantepee Ofl . 8% Ty 11 Swan Finch Ofl.__ Pender Groc (B) a50c. 8y 98 Swiss Amer Elec pf_. Peninsular Tel (1.60)__. 26 5 10% Taggart Corp__ Peninsular Tel pf (7) _. 109% g 35 Tampa Electric (2.24)__ Pa Cent PELt pf (2.80) 3314 3 i 1 Tasteyeast Ino (Del) A_ ad Corpa2ic) .. 4 A 3% Taylor Distillers (30c)_ Pa Pwr & Light 6% pf__ 18% Technicolor, Inc (a30c). Tenna Power & Lt pf(7) 47 Teck Hughes (t40c)___. Penna Salt (b3%)___ 5% Texon Oil & Lnd (60 Penn Wa: &Pow (4) - 4315 Thew Shovel (a50c) - Pepperell Mfg (16) 124 Tilo Roof Inc (1) Perfect Circle (12) 3: 215 33 65 Tobacco & All Stks (b1 Phila Company (b4 3 Tobacco Prod Ex (15¢)- Phila Copt (5) - 4 % 51 Todd Shipvard (12) _. Phila Pwr pf (2)_ 97% Toledo Edison pf (6) _ 99 Phoenix Secur Corp __ 9% & 101% Toledo Kdison pf A (7)_ 102 4 Plerce Governor (bl5c). 25% 1 Tonopah Mining (afc) . 1 Pines Winterfront (n) 4% Trans-Lux D P $(120c). 4% Pioneer Gold (40c) 7 3 3 11 Transwestern Oil Co 123 Pitney Bowes (t40c) 1% Tri-Contl Corp war. Pitts Bess & L E (113) 913 8 Trunz Pork Stores a Pittsburgh Forging 81% 16% Tubize Chatillion Pittsheh & L E (b414) _ 101% 86 60 Tubize Chat (A) a2 Pitts Metallurgical (11). 16 64 Tung-Sol-Lamp Works _ Pittsbgh Plate G1(b215) 126% 10 Tung-Sol Lamp pt 80c__ >leasant Vall W (b10c) 24 Unexcelled Mfg ___ Plough Inc (1.20) - 13% Un Gas of Can h2715¢ Potrero Sugar____ 5213 United Chem pf Powdrell & Alex (160 2 1 United Corp war. Pratt Lambert (a2) 13% 8% Unit Gas Corp. F 4 = Premier Gold (t12e) 3% 2 Utd Gas war 2 1 90 90 Unit Gas & Flec Producers Corp.._. 24 108 United Gas Corp pf b3 111% Propper-McCallum (d). 11% 515 Unit Lt&Pwr pf A__ 5% Prosperity Co (B) al% - 757 39 United Lt& Pwof _ _ 41 Public Service Ind pf . 664 65U Unit Milk Prod pf. h3) . 6! Pub Service Ind pr pf__. 8% 5% Unit Molass Ltd bll3c Pub SvOkla 6% or11(6). 2567 245 Unit NJ RR&Canal(10) Pub Sve Okla pt (7) 1% 1% Unit Profit Shar (allc) Pub Utilties Sec or pt 12 11 Unit Profit Sharing pf _ Puget §'d P&L pf (b3) .. T's 6% U'nited Shipyards (A) Puget Sound P&L $6 bt 4% 2l United Shipyards(B) Tyrene Mg (b20c) 96% €4 United Shoe Mach 1214 _ Quaker Oats () _ 374 United S Mach pf (1.50) Quaker Oats pf (6) 1215 U S Foil (B) (1) 3 1% U S & Int] Secur mond Concrete (11) 39 381, 83 US & Int Sec Ist pt taymond Conc pf (3)__. 4815 2% US Linespf ______ Red Bank Ofl 14 6% U S Rubber Reclaim. Reed Roller B new t80e. 35 % US Stores Relter-Foster 14 % United Stores vtc_. Reliance B1&F 3% United Verde Ext (1) 3% United Wall Paper._. High. Stocks and Dividend: Low. Close. 44l 46% 3% 3% 2% 29% 14'% High. 46% 3 Agfa Ansco - 29% Ainsworth MfsCo(b25c) 14% Air Device Corp_ LS 2% Alr Investors Inc. ... g Alr Investors Inc ww % N Alr Investors Inocv pf. 27 27 4 Alabama Gt South (3)_.x 79 zi; Alabama Power pf (6) . 628 21 % : Alabama Fower pf (1)- 711y 1% IS e Aol 5% Alles & Fisher Inc__ 274 2% ML A s bLie) = Ul Aluminum Co of Am___. 149 1461 ~2 N Alumn Co of Am pf (6)_ 118% 118% a 1 167 Alumn Goods Mfg b25c_ Electrographic Co (11) .. 4% 14% 7% Aluminum Ind (4ve)... Electrol, Inc v.t.e. 3 {sh 140 98% Aluminum Ltd________. e b o m 5 1936,” continues the analysis. “Com- ‘g;“ 1?&[ :1“7:‘;1“"':::“;1“” pL(6). Em‘:u" G&F 6% % 501 panies were favored by certain types| ‘g O A: Beverire c:rp Empire G & F 1% pf_. 528, of' compulsory insurance in many| 75 Am Book Co (4) _ . Empire G & F 8% of 56l i States, such as workman's compen-| 24% 17% Am Box Board (bi5c) Empire Power pt (b50c) 204 ko B sation and occupational disease. 8915 Am Cap prpf (5%). Emsco DerTick (HLE— Sl S “Rising pay rolls and better rating| 4% 8% Am Centrifugal Corp. - ‘é:“““” Corp (a25c)._- 5 . i) | Wt AMCP&LA (3).. . urop Elec Ltd deb rts_ 325 systems have placed workman's com AMCP&L A ww (3%) Evans Wallower Lead._. pensation on a profitable basis. Fur- A"“(:“y P & L(B) b3lc Ex-Cell-O (b20c¢) .____. thermore, casualty _companies were ‘Am Cynamid (B) t60c._ Fairchilds Aviat'n al5c. aided during and since the recovery Am Equities (a22%c)__ Falstaff Brewing ($115) period by the increased use of the Am & For Pwr war__... 4 Fanny Farm Candy (1) - automobile. Profits from automobile Am Fork & Hoe (1) _ 9 Fansteel Product= coverage have been increased by suc- Am 8-3:5;» (:,:2;_., 1&2‘7 !)"Pr:o d(mtl-l (b75¢) cessful attempts to reduce the amount _ AmGas €0 D! Fiat rets (a9 of unscrupulous ‘ambulance chasing.’ Dbt Rieasaes NI ( 2) ‘While labor troubles have increased Am Hard Rubber (al) . First Nat S 18t pf (7). losses paid in plateglass, riot and Am Laundry Mch (80¢) Fisk Rubber other divisions, casualty business as Am Lt & Trac (11.20)__ Florida Pw & Lt ot a whole is again highly profitable and Am Mfg Co (a3) Ford (Can) Ltd A(1) faces a future which promises to con- tinue the favorable volume and earn- S 254 215 Stand Pw & Lt_ 36 Stand Pw & Lt pf 17% Stand Prod (bb0c)_____. % Stand Silver & Ld (4c¢)-. Stand Steel Spr (a214) _. 5% Standard Tube Co (B) _ 17% FIRST TRUST LOANS Reasonable Rates and Commissions Tyler & Rutherford, Inc. 1512 L Stmet N.W, National 0475 Loan Correspondent Mutual Benefit Life Insurance Ce. 111% 106% 112 108 Money for Construction Loans and Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGEI.BORGER 28%, i Newr Engl—anmd Fund Prospectus on Request A. S. GovrpeN & Co, I Woodward Bldg. NA. 2000 101 11% 13% 4% 18% 5214 5% INTEREST CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 Pressed Metals ( 245 Berk & Gay Furn pur w. 1585 1314 3715 36 2474 144 28 4215 34 27% % Bowmn-Bilt Hot 1st pf_ Bickfords, Inc (1.20) __ Bickfords Inc pf (23).. Bliss Co (E W) A Biue Ridge Corp (b15c). 3 Blue Ridge conv pf( 3). 463 Bohack (HC) . g Bohack (HC) 36 Bourjois. Inc (a75¢c) 5ia Bower Roller Bear (2) . x 28% 224 4% 25 Bow-Bilt Hotels 2d pf Brazil Trac Lt&P b%0c.. Hewitt Rubber (bifc) . Heyden Chemical (12)_ Hires (CE) A (2) THoe & Co, Tne (A) Hollinzer Gold (763¢) Holophane (b50¢) .____. Horders, Inc (t1) Horn & Hardart (12) _ Horn & Hardart pf Hud Bay Min&Sm b7 Humble O:1 (1%) Hygfade Food Products x 11ty Reynolds Investing __ Rice Stix Dry G (b50¢)_ Richmond Radlator Root Petroleum (b2ic) - Rossia International _ toyal Typewriter b1, Rustless Iron & Steel _ Ryan Consolldated _ Ryerson & Haynes fety Car H& I (b4) . Anthony Gold _ St Lawrence Corp_ 5 TUniversal Corp v.te._ _ 4% U 17% Univ Insurance (1) 9 Universal Pictures 23'4 Universal Prod (hifec) __ 15 Utilities Pw & Lt (dj___ litv Equities “» Utilities & Industrial 3 Util & Indus pf (new)__ 6 Valspar vte 55 26% Van Norman Ma (40c)__ 6 Venezuela Mex Ofl _ Valspar pf vtc_ Money wanted for small first mortgages of $3,500 and up on new well-built owner-occupied residences in a controlled community 1ilinois Jowa Pow _ St Lawrence C pf. 1% Venezuela Petroleum_. Am Maracaibo Ford Ltd (b21c) Am Meter (b75c)_ Fox (Peter) Brew (80c) x " s 2 tranklin Ravon (a60c) ings trend. . :,',’,' §.‘,’;‘;,§::,§,"“ Froedtert G & M (20c) A ‘Am Superpower pf.. FroedtertG&M cv pf1.20 Am Thread pt (25¢c) Gen Alloys s SUGAR SH")M ENTS Anchor Post Fence Gen Fireproof (b25c) Angostura-Wup(t20c). 6% Gen Invest Corp 110% 105% Appalach El Pw pt (7)_. 108 Gen Investment war ON QUOTAS SHOWN 1% 1% Gen Pub Service pf (6)_ 6% - 7% 4 Gen Rayon Ltd (A) 6% = 3 General Telephone b23c 8l% Ark Nat Gascum pf._.. Gen Telcv pf (3) Cuba Charged With 1,203,764 763 Ark Pwr & Lt pf (1) Gen Tire & Rubber . 11 Art Metal Works (80c) Gen Tire & Rub pf(6)A_ Tons of 1,922,423 Total in 5% Ashland Oil kné;wzc). Gen Wat G & Epf (3)__. . . 10% Asso ElInd Ltd b36 2-5_ n Wat Gas & El v First Five Months. 11 As#o Gas & Kleo - _——_ Georgla Power of (6) Br the Associated Press. & Asso Gas & Elec war___ Glen Alden i j 2'3 Asso Gas & Elec (A). Godeaux § Ll e ment G 18 AssoGas & Elec $5 bf — GonanE s Shiges (B> reported yesterday 2,698,- % Asso Lanudries of Am._ Goldfield Consol 059 tons of sugar were charged against Atlanta Gas Lt pf (6)__ Gorham Inc (A) - quotas of off-shore areas in the first Atl Coast Fish (b3ic) - Gorham vte ext (h1.7: five months of this year. Atlantic Coast L (a2%) Grand Nat'l Fllm Co The A. A. A. sugar section said AtlasCorpwar_ ... Grand Rapid Varnish (1) Cuba was charged with 1,203,764 tons b lymord O v Eans e - . ustin Silver._. rt ea n-v ( - of its 1,922.423-ton 1937 quota; Phil- Auto Products i Grt A&P 18t pf (1) ippines, 481,427 of 1,035,742; Puerto Auto Voting Mch (50¢c) - Greenfield Tap & Die. Rico, 666,835 of 831,508; Hawali, 329,- Avery (BF) & Son __ __ Grocery Str Prod Co 830 of 976,685; Virgin Islands, 1019 28 Axton-Fisher Tob (A)_. Gulf Oil of Pa (b25c) o of 5462, and foreign countries other | 156 11413 Babcock & Wicox (4) ... Gulf Sta Ut $6 pf (6) i than Cuba, 15,184 of 26,610. % 1% Baldwin Loco bd rts (d) Hall Lamp (b20c) G The A. A. A. said 28884 tons of 3% Barium Stainless Steel. Hartman Tob Co Ine L10 sugar were in custody of customs offi- 16% Barlow&Seel cv A 1.20.. Harvard Brew ke = 196 cials on June 1, awaiting release under Flg“' :-:::,?“‘;,?,"y‘)‘-nrr};qn ot a7 :::li'x.;'r," ‘l!“””“h s | St B L G R L i )7% azeltine Corp (b7dc) _ 1 5 v possible increases in quotas for full 17 Beaunit Mills (b60c) Hearn Dept Stores b1.65 duty countries. 8 Beech Aircraft__ Hecla Mining (b4se) The report said 159.228 tons were 111 Bell Aircraft_ Helena Rubenstein __ charged against the 497,340-ton quota 84 51 Bellanca Afreraft Helena Rubenstein A(1) of continental sugar cane areas in| 125% 113% Bell Tel of Pa pf (6%) Heller (W E) & Co t40c_ the first four months of this year.| 4 2% Berkey&Gay Furniture. Heller pf ww (1%) ____ Data for May was not available. ZHEs INTEREST IN DOMESTIC WOOLS GAINS IN WEEK By the Associated Press. BOSTON, June 5 (United States Department of Agriculture).—Buyers’ interest in domestic wools increased during the last week, although actual trading volume was about unchanged. There was more activity than in recent weeks in getting information on various lines being offered. A few purchases of fine Western wools were made for immediate needs. Fair weights of country packed medium fleece wools were taken by a few con- cerns at stiffening prices. Graded Ohio fleeces were quiet, with fine delaine quoted 40-41 cents in the grease and staple combing half blood at 42-43 cents. A few lots were moved in combing three-eighths length at 42-43 cents and in quarier blood at 41-42 cents. RAIL ORDERS PLACED. NEW YORK, June 5 (#).—Chicago | & Northwestern has ordered one 4-6-4 | locomotive from American Locomotive | Co., making a total of nine ordered | since February. General Electric Co. | has received an order from East Erie | Commercial Railroad for one Diesel electric switching engine and Pullman- Standard Car Manufacturing Co. is supplying Chicago, Rock Island & Pa- cific with 10 coaches, Domestic Copper Steady as Foreign Quotations Ease Er the Associated Press. NEW YORK, June 5—The copper ‘picture was unchanged in the domestic market last week, with the price hold- ing steady at 14 cents a pound, de- livered valley. Domestic buying was #aid to have been in somewhat smaller volume, due to the influence of new labor difficulties. In the export market, however, prices turned easy and lost about 3 cent on a let-up in demand. It was observed that whereas sev- eral weeks ago predictions were gen- eral that domestic copper would soon make up the differential then prevail- ing and rise to a parity with export, the reverse of that expectation has occurred. At the close of the week, export commanded a premium of only 7 points, ruling at 14.07. Stock Averages Indys, Ralis. UH Net change. 4.1 Unc. .3 Yesterday .. 93.2 43.4 Previous day 93.1 434 Month ago. 46.3 Year ago.. 34.0 49.5 378 435 60 Btks. +.1 41 418 67.8 41.7 67.7 43.7 689 46.6 60.7 54.0 753 409 65.4 53.7 728 30.2 434 55.7 J 8.7 239 169 -146.9 153.9 184.3 157.7 - 51.6 95.3 61.8 61.8 1936 high_. 1929 high. 1927 low. (Complled by the Associated Press.) 10 10 10 Rails. Indust. Util. F'gn. Net change. -+.1 Unc. +.1 Unc. Yesterday -. 93.6103.3 98.1 Previous day 93.5103.3 98.0 Month ago.. 94.0103.3 99.2 --- 91.7102.8 101.8 - 99.0 104.4 102.8 - 9261024 97.8 - 98.2104.4103.1 - 8691018 99.3 67.6 - 458 40.0 646 422 1928 high.__101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Yesterday 110.8 Prev. day- 110.8 Month ago 110.3 Year ago.112.2 1937 high. 113.7 1937 low.. 108.4 1936 high_ 113.5 1936 low.. 110.2 1928 high. 104.4 1932 low.. 86.8 72.0 72,0 1.4 68.8 4.7 70.5 3.0 Breeze Corp Inc (a75c) Bridgep't Mach (b25c) Bright Star Elec (B)___ 11% Brill Corp of_ Brit-Am Oil coup ( Brown Co pf =L Brown Fence & W bd0c_ 2 Brown F& W (A) (2).. Brown Forman Dis _ Buckeye Pipe Line (4) BN&F Pof (160) Bunker Hill & Sullivan_ Burry Biscuit (b25c) Cables & Wireless (A)_. Cables & Wireless (B) . Cable EI Prod vie Canadian Car & Fdry pt 271 Canad'n Hyro El 1st pf_. 812 Canadian Lnd Alco (A). 5% Canadian Marcont < A Carib Syndicate (b50c) . 1% Carman & Co B 6’ Carnegie Metals . _ Caro P & L $6 pf (6)_. 871 CaroP& L pf (7). 20 Carrfer Corp 28 Casco Products (b2%)_ 613 Catlin Corp of Am a40c. 10815 Celanese Corp 1st pf $7. 123% 9 Celluloid Corp. - 9 393 Celluloid Corp pf .. 48% 9314 Celluloid Co 1st pt (b2). 100 15% Cent H G & E vtc (80c). 157 141 Cent Ohio Steel (b50c) . 15% 82 Cent Pwr&Lt pf b3.06%, 84 2% Cent & Southw U - 2% 1% Cent States Electric. 14 Cent £t E1 6% pf_ 473 Centrifugal Pipe (t40c) 71 Cherry Rurrell (4) '3 110% Chasebroug Mfg (t4) _ 7614 1143 45 2% 100 10% 3 17% 159% 42% (Oompiled by the Associated Press.) 6% 19 52% Chicago Flexible S (4) _. 14 Chi Rivet & Mach b30c % Chief Consolidated . 76 Childs Co pf 3 Citles Servi 4515 Citles Service pf Citles Sve P&L $7 pf___ 94 City Auto Stpg (160c) .. 851 Clark Controller (b50c). % Claude Neon Inc . 39% Clev Elec Illum (12)-. 10 Clev Tractor 4 Clinchfield Coal.. 1 Club Aluminum Uten. 3% Colon Dev Ltd (The) __. 3% Colon Dev (The) 6% pf. 13% Colo Fuel & Iron war._.. 56 Colts Pat F Arms b75c_. 68% Colum G & Ecv of (6) 615 Columbia Oil & Gas b20¢ 32 Columbia Pictures (t1) 1% Comm’'wlth Distribut’'n_ 107 Comm'wealth Edis (14) & Comwith & Sou war.___ 32 Commurity P&L 1st pf. 256% Community Pub 8vc t1. 1% Community Water Svo.. 15 Compo Shoe M stc (11). 20% Cons Afreraft__. ____. 6% Consol Biscuit (60¢)_. 7% Cons Copper.__.__ 69% Cons Gas EL&P Bo 3.60. 113 Cons Gas Balto pf A(5) 2 Consol Gas Utilities Cor 1 Consol Gas Utilities r 731 Cons Min & Smelt (12) 7% Consol Retail Strs new_. 214 Cons Royal (20¢) = 6 Consolidated Steel Corp 1 Contl Oil of Mexico. 1714 Cont’l Roll & Stl Fdry_. 16% Cook Pain ar(160c) . 22% Cooper Bessemer . 10 Copper Range . . - 82% Copperweld Steel 11.20_. 3 Cord Corp 5% Corroon & Rey: 1% Cosden Oil ex rts_ 23 Cosden Oil pf (d) ex rt. 28% Creole Petrolm (a50c)_. 12 Crocker-Wheeler(a10c) % Croft Brewing. 1% Crown Cent Pef - 12% Crown Cork Intl A(1) .. 3% Crown Drug (b20c) ... 21% Crown Drug of (1%) % Crystal Ol Refining.. 4 Crystal Oil Refining pf. 4 Cusi-Mexicana Mining.. 11% Darby Petrol (80¢)._... 19% Dayton Rubber Mfg_ 29 Dayton Rubber (A) b3 69 Dennison Mfg 7% pf___ 5% Derby Ofl & Refining. Detroit Gasket (t1). Detroit Gask pf ww 1.20 Detroit Gray Iron new._ Detroit (Mich) Stove Det Paper Prod (t26¢c) Detroit Steel Prod b25c. Distillers Ltd (b27¢) . Dominion Sti&Coal (B) Douglas (W L) Shoe pf 129 Dow Chemical (13) 80 Driver Harris (1) 84 Dubilier Condenser.... 68 Duke Power (b2)__. 3 % - % 34 2% A 111 Jowa Pwdctfs __ Il Towa Pw pf (2%)___. 1mp O1l Ltd cou (150¢) — Imp Ofl Ltd reg (t50a) - Indian Terr (11 01l (A).. Ind Pipe Line (140c) 210 21 25 11 Indianap P&L ¢ pf(6%) x 9? Indus Finance vtc. .___. Industrial Fin 1% pf _ Insur Co of No Am (+2)_ Intl Cigar Mach (12) _ Int Holding & Inv Ltd Intl Hy El Sept A war_ Int Hydro E] Sys cv pf_. Intl Petroleum (+113)_ Intl Petrol reg (t1%)_ Intl Products Intl Radio (b25¢) Int Utllittes (B) _. Int'l Utilities war (new) Intl Vitamin (50¢) .- Interstate H M (1214)_. Interstete Pw Del pt Investors Royalty (76c) Iron Fireman vte (1.20) ltalian Superpower (A) Jacobs (F 1) (bi0c) Jersey Cent P&L pf (6) Jer Cent P & L pt (7)__ Jones & Laughlin Steel_ Ken-Rad T&L(A)3 Kingsbury Brewrie: Kings Co Ltg pf B (7 % Kingston Prod (40¢) Kirby Petroleum (20¢) - Kirkland Lake G Ltd 6c Knott Corp'n (b10c) - Kopp G & C pf (6)_ Kreuger Brew (1) Lalke Shore Mines (14)_. Lakey Foundry & Mch . Lefcourt Real pf (a75¢) Lehigh Coal Nav (30c). Leonard Ol ____. Lion Oil Refining (1) Lit Brothers = Locke Steel Ch (180¢)_ Lockheed Afrcraft _ Lone Star Gas (80c) 3 Long Island Lighting Long Island Lt pf A(7). Long Is] Light of B (6). 4 Loudon Packing B Louisiana Land (40c) - Lynch Corp (12) . McCord Radiator (B) __. McWilliams Dreds (12) Majestic Radio & Telev. Mangel Stores = Margay Oil (ai0c) Marion Steam Shov: 4 Massey-Harris _ Master Electric (1) May Hoslery ww (4) Mead Johnson (13) _ Memphis Nat Gas (b Merritt Chap & Scott __ Merritt Chap & Spf A _ Merritt Chapman (war). Mesabl Iron Mexico-Ohio Of1 - Mich Bumper Corp'n 4 Michigan Gas & Ofl Mich Steel T Pr (b25c) - Mtchigan Sugur . Michigan Sugar pf. Middle Sta Pet vtc (A) Mid] Sta Pet vto (B) Midland Steel Prod (2). % Midwest Oil (1) Mid-W Abrasive (a10c) Minn Min & Mfg (b40c). 11 66 31 35% 347, 6% 14% 1% hid 5t 7 " 20% 16 81 944 101% 1% 10% 109 16'5 50 5% 1314 4 1214 41l 84 254 80% 13% 13y 124 1% T4 4% 1% 20% 10% 3 391 Mock Judson Voe(60c). x 13 Molybdenum Corp __ Monarch Mach T (i1) - Monroe Loan Soc A 32c_ Montgom Ward A (7)__ Montreal L & P (1%) Mountain Cy Cop (a21c) Mountain Prod (60c) Mountain States Power. Mur Ohio Mfg (b30c)_ % National Auto (b1) Nat Baking _ - 4 Nat Bella Hess Nat Bond & Sha Natl City Lines Nat City Lines pf (a3) . XNational Container (1) Nat Fuel Gas (1) 4 Nat Leather Nat Pw & Lt p 2 Nat Rubber Mach(a20c) Nat Service Co Nat Service Co pf. Nat Steel Car Ltd 4 Nat Sugar NJ (2).. Nat Union Radio Navarro Oil (40¢) - Nelson(Herman) a. 4 New Eng Pwr Assoc'n __ New Eng Pwr As pf(6)_ New Haven Clock (113). ¢ New Jersey Zinc (12) __. 28% T N Mex & Ariz Ld (ale). N Y & Honduras (b75c). 15% 13 N Y Merchandise (80c)._ 115% 106% N Y Pw & Lt of (1).___. N Y Shipbuilding Corp.. 1. 219% 111% N Y Tel pf (6%)-. 9 24 3% 139% 291 12% 6% 3 217% 30% 13% 2 68 13% & 135% 103'% Newmont Mining (3)___ 1 29% 13'4 109% T TH Th - 111% 111% 111% St Regls Paper._ St Regis Paper pf _ Samson United Corp'n__ voy Oil = hift Company (2) Scovill Mfg (b30c) Securities Corp gen..... Segal Lock & Hdw. Seiberling Rubber._. Selected Industries Select Indus cv b3715¢ Select Ind all ctfs (5%) Select Ind prior pf(53%) Sentry Safety Control.._ Seton Leather (a50c) - Seversky Afrcraft Corp. Shattuck Den Min = Shawinigan W & P(80c) Sher-Williams (+4) Sherwin Will pf (Gey_ - immons Hard & Paint nger Mfg Co (16) ar Mfg Co (b10c) onotone Corp (al( ss Manufacutring 50c buth Penn Oil (1134) 831, 124 515 21 7 8% 10 55 3% 8%, 101 561 14 7 ) 3 134 21 13% 81, 6y 615 Va Pub Sve pf (7). _ Voght Mfg Co (80c) Waco Alrcraft__ Walker Mining ._ - Wayne Knitting Mills Weisbaum Bro Brwr 40c Wellington Ol of Del Wentworth Mfg (blic). W Va Coal & Cok: Westn Air Exp (a25c) West Cartridge pf (6) Western Tex Ut pf (6)_. Weyenberg Shoe (h1) . Willlams Oil-0-M a50c. Wil-Low Cafeteria Wil-Low Cafeteria pf Willson Products +1)_. Wilson-Jones (new) .. Wolverine Tube (b20c)_ Woodley Petrolm (40c) Wright Harg (t40c) Youngst'n Steel D b1y, Yukon Gold (b6e) 15 21 14y x 6% i 3 in Bethesda, Md. THE Newbold Development Co. 7611 Wisconsin Avenue Wisconsin 5286 First Mortgage ON 61y 141x 36 SouCal Edptpf (1) . 37 27% South Cal Ed pf (1%)B x 27% annual payment mulated d'vidends Tl Dividend rates in doll tAnnua) a Paid last year panies reported as being being reorganized under sumed by such companies, In bankrupicy or in receivership. er the bankruptcy act. or securities a- IMPROVED REAL ESTATE At 9% based on last quarterly or semi- e—not inciuding extras. tAccu- bPaid this year d Com- CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, June 5.—The follow- ing 15 today's summary of corporation | news prepared by Standard Statistics | | Co., Inc., New York: American Air Lines, Inc.—Passenger traffic of company in May, 1937, came | within 7 per cent of record showing | made in October, 1936. From stand- | point of traffic, May was third best ' month in company’s history. General Motors Corp. — Winton | Engine Corp., subsidiary, was low bidder on four sets of propelling ma- chinery for submarines at the Navy Department. For two engines to be | delivered at New London bid was $1,- | 239,478 each. Bid for navy yard de- | livery at Portsmouth was identical. | Gar Wood Industries, Inc.—Declared a dividend of 25 cents a share on com- mon stock, payable July 6. .On De- | cember 21, 1936, a dividend of 30 cents a share was distributed. | Johnson, Mead, & Co.—Declared an extra dividend of 75 cents a share | and regular quarterly dividend of 75 | cents a share on common stock, pay- | able July 1. On April 1, 1937, a sim- | ilar extra dividend was distributed | on common stock. Oilstocks, Ltd.—Declared an extra dividend of 10 cents a share and reg- ular semi-annual dividend of 20 cents a share, payable June 21. On De- cember 24, 1936, a special dividend of $3 a share was distributed. Edison Bros. Stores, Inc.—May sales were up 29.3 per cent; 5 months, up 25.7 per cent. Grant (W. T.) Co.—May sales were | up 3.4 per cent; 5 months, up 3.8 per cent. Dome Mines, Ltd—May production was $608,792, against $513482. In § months total was $3,109,670, against $2,829,578. Amalgamated Sugar Co.—Common share earnings, 12 months ended: March 31, were 53 cents, against 73 cents. Columbia Broadcasting System, Inc. —May time sales were up 459 per cent; 5 months, up 27.2 per cent. Chicago Rapid Transit Co.—Special Reorganization Committee of Chicago Rapld Transit Co., headed by W. J. Lynch, has placed before Mayor Kelly of Chicago a plan for immediate con- 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 solidation of the elevated and surface line systems. Details of the plan would not be made public until after study of the provisions by city transit experts, which may result in modifi- cations. -—— TOBACCO AVERAGE UP. NEW YORK, June 5 (). —Weekly average price for U. S. type 12, grade | B4F, flue-cured tobacco advanced last week to 71.5 from 70.7 in the previous | week, according to H. A. Stitch, to- bacco economist. ! TWIN 0AKS An Ideal Gentleman's Estate PUBL Tuesday, June 15th, 2:30 P.M. Choice Modern Dutch-Colonial Residence in faultless order throughout. scaped timbered lawn. I1C Monthly Payments If Preferred Construction Loans District of Columbia, Nearby Md. and Virginia plants Day d I’HK\\?’ 15 provide § sikned 1° reasonsble T Capital Press nal ‘:Ancoln 6060 WM. J. FLATHER, Jr. s Inc. Skl 1508 H st. Of 46 Rolling Acres AUCTION INSPECTION INVITED Seated in a six acre land- It contains five bedrooms, two ultra modern baths. Large loggia, magnificent lounge, beautiful solarium, Sun Lounge, Commodious Dining room, Large pantry and kitchen elec~ trically equipped. Extraordinary servants’ house. Garages, Stabling. Beautiful gardens, hedges, fruit trees. Winding streams, Horseback trails, herbaceous borders, perennial blooms in a riot of color. A model homestead, where family life can be lived in the comfort of luxury, yet planned and equipped for entertaining upon whatever scale of lavishness its hosts may incline, Within 25 motor minutes from the White House over the Chain Bridge Road through Vienna, between Vienna and Fairfax By Direction of MR. GEORGE W. MULLER Now Domiciled in Florida On Reasonable Terms An illustrated brochure and detailed description may be obtained from N . C. HINES AND SONS 1511 K Street, Washington, D. C. SOLE AGENTS AND AUCTIONEERS Tel. DI. 7740 Brokers’ and Salesmen’s co-operation invited