Evening Star Newspaper, June 7, 1937, Page 17

FINANCIAL., BONDS ON N. Y. STOCK EXCHANGE BONDPRICESHOLD TONARROW RANGE U. S. Government Obliga- tions Mostly Higher—Other Groups Irregular. Bond Averages EDIERI0 0 D) Rails. Indust. Util. F'en Net change. Unc. Unc. +.1 + Today noon. 93.6103.3 98.2 Previous day 93.6103.3 98.1 Month ago.. 94.1103.4 99.1 Year ago_.. 91.7102.7101.7 99.0 104.4 1028 9261024 978 98.2 104.4 103.1 86.9101.8 99.3 67.6 458 400 646 422 101.1 98.9 102.9 100.5 10 Low-Yield Bonds. Noon_.___111.0 Prev. day.-110.8 Month ago 110.2 Year ago. 112.1 1937 high. 113.7 1937 low.. 108.4 1936 high_113.5 1936 lo 110.2 1928 high_ 104.4 1932 low.. 868 2.1 72.0 3 68.7 4.7 70.5 3.0 1937 1936 1936 1932 1928 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, June 7.—Bonds fluctu- ated within a narrow and mixed range today, with volume small. Most United States Governments edged a little higher. Federal farm By private wire direct to The Star. Approximate Transactions Today. TREASURY. below fs daylight change is now High. Low. Close. 97.29 97.27 97.28 102.30 102.30 102.30 | 100.23 99.29 99.20 100.21 104.14 All time saving on which ratin 2148 1949-53 288 1945-47 2 1948 2%,81951-54 23,8 1966-59. 2%51955-60 38 1946-48 951-55 . 3% s 1046-49__. - 100.23 100.23 99.30 99.26 99.22 99.20 100.28 100.20 104.14 104.12 102.27 102.27 102.27 104.26 104.26 104.26 3148194952 104.20 104.20 104.20 3% s 1944-46____ 106.16 106.13 106.13 3% 5 1941-43 Mar 106.15 106.15 106.15 33,5 1941-43 March reg_ 451944-58 - 106.12 106.12 106.12 - 111.20 111.18 111.20 48 1944-54 reg 11137 1117 11117 434s-3%8°'43-45_ 106.19 106.19 106.19 4%,81947-52____ 116. 116. 116. FEDERAL FARM MORTGAGE. 23S 1942-47____ 101.17 101.17 101.17 381949 - 102.19 102.19 102.19 HOME OWNERS' LOAN. 2308 1942-4¢____ 100. 100. 100. 238 1039-49____ 100.15 100.11 100.15 3s 1952 - 1026 1023 1026 FOREIGN BONDS. High. Low. Close. Abitibl Pa&Pw 55 '53. 100% 100 100% Akershus 5s'63 100 100 100 Antioquia 7545 12% 128 12% Antioquia 7s '45 B_. 128 12% 12% Antioquia 7s 45 C-. 12% 12% 12% Antloquia 7s 45 D___. 12% 12% 12% Antwerp bs 68 1011 101% 101% Argentine 4572 915, 91% Argentine 4%s'T1 101% 100% 100% mortgage 2335 and & few of the higher | coupon Treasuries were backward, | although their losses were small. } In the corporate sector Pure oil | 4'.s, International Hydro-Electric 6s, Santa Fe 4s, Baltimore & Ohio 4!5s, | Columbia Gas & Eleciric 55 and Loew's 3!3s moved up fractions to | round a point. | Slightly lower were loans of Bethle- | hem Steel, Great Northern, Interna- tional Telephone, Frisco and Utilities Power & Light Several foreign loans showed mod- erate gains following an upswing in German governments. : Washington Exchange SALES. ! Potomac Electric Power 67 pfd.—3 at 1101, 10 at 111, 10 at 111, 10 at 111. Washington Rwy. & Elec. pfd.—10 at 110'5, 10 at 11014, 10 at 11014, Riggs National Bank common—10 at 325. AFTER CALL. Lapital Traction 55—$500 at 89, $500 at 89. Washington Rwy. & Elec. pfd.—5 at 110, 10 at 11014, 10 at 11015, 10 at | 11015, i Bid and Asked Prices. BONDS. PUBLIC UTILITY, & Tel 4135 ot. B8 Amer. Tel Anacostia & P Capital Traction R. R. 5s City & Suburban os Georgetown Gas 1st 5 Pot. Elec. P v G . Rwy. MISCELLANEOUS, v Chase Club Ist 414s_ Cold Storage 55 - STOCKS. PUBLIC UTILITY. Tel. & Tel. (9) 16715 Capital Transit Co. £ 107 Steamboat (f) __ w. 6% pf. ( o 104 100 108, 11015 1100 Amer. Sec. & Trust Co._(e8) 2! Bank of Bethesda (h.75) 8s (10) b . & T Georeos ‘B Rikgs (%) Riges pfd. (5) Washington () Wash. Loan & Tr 2 FIRE INSURANCE. (R 110 Sorcoran (5 190 Firemen's (1.60) ) National Union (.60} TITLE INSURANCE. Columbia (30) o Real Estate () 1 MISCELLANEOUS. Corn. (2.00) : Mono (+4) 1.0 T GARSeIRD & Tr. (50) 17 American Carpel Lanston Lincoln Ser Lincoin Serv 00 15 Feovles Peoples Dr. Real Est. Security’ Storage (7 Ter. Ref & Wh. Corp. (3 Wdwd, & Loth. com Wdwd, & Loth *Ex_dividena, pid &G. pf. Ga%a June 30 1036; 45¢ patd De- 8" INSURANCE STOCKS NEW YORK June 7 (P —New York Se- eurity” Dealers ~ Association: Astea. 0 Aetna Cas (2a) Aetna Ins (1.60) = Aetna Life (80a) xd___ xd ( of N Y 11.20) Con Gen Lif (.80) Contin Cas (12 Fid & Dep (1) = Pireman’s Nwk (.30) Frank_Fire (1a) Gen Reinsur (2 Glen Falls D | Brazil 6128 °26-" Argentine 5% 862 Argentine 65 57 A___ Argentine 6559 Oct Argentine 65 '60 May. Argentine 6s ‘60 Sept. Argentine 6360 Oct._. Australia 4165 '56 Australia 5555 Australia 5: Austrian 7 Belgium 6s '55 . Belgium 648 Berlin Elec %55 101§ 1018 1014 1014 1013 10143 1023 102% 10715 10714 10712 107 103% 103% 110 109% 110 110 110 110 2215 224 2 371 3T, 37% 3T a7 3T 441n 438 1018, 100% 101% 8% 8% 10142 10144 102% 10714 107% 103%% Brazil 6345 " Brazi Brazil 8s 41 Brisbane 53 ‘57 Buenos A C 6s Buenos A C 61855 Beu A 43%-4%877 Pv Buenos A 4348'76 Aug Buenos A41:8-4%8'75 Buenos A 6s '61 st Pv. Bulgaria 7s'67 Canada 214844 __ a2lgs’4 Canada 3s Candaa 3 Canada 4s Canada 55 '52 915 | 10143 1014 1013 | 1018 | Chile 6560 Chile 65°61 Jan __. Chile 65’61 Febr_ Chile 6361 Sept Chile 63" Chile 656 Chile Ts 42 & Chile Mtg Bk 6s'61 _ Chile Mtg Bk 63861 Chilean Mun L 78 '60.. Colozne 6145 '5 Colombia 65 ‘61 Oy Copenhagen 414853 _ Copenhagen &s ‘52 Copenhagen T 5554 Cordoba 7s '37 stpd Costa Rica 7851 A Cuba 434549 Cuba 5545 Denmark 4%s°62 Denmark 5%s Denmark 6s ‘4 Estonia 7s '67 Ger Gov 53 65 st Ger Gov 53465 un Ger Rep 7849 stpd - Ger Rep 75 49 un st GrtCEl Jup 78'44_ Greek Gov 63 '68 Hung LM 715861 A _ Hung LM 715’61 B_ Hungary 734s 44 taly 785 Japan 5%s°65 Japan 61354 " 957y 100 100" | Kreug&Toll 5359 cfs | Mex 45°10-'45asst sm Mexica 48 54 asst___. Mexico 58 '45 i Miag Mill M 78’56 __ Minas Gers 61358 __ New So Wales 58 '57_ Norway 45 63 _ Norway 4148 '65 Norway 412856 Norway 6s 43 Norway 6s 44 Norw Hy El 638 °57_ Norw Mun Bk 5570 Oriental Dev 515558 241, 26% 4 103% | 98w 102'¢ | 103% | 106% 106% 103 102% T8 | OsloG & E5s"63 | Paris Orl Ry 51;s'68. Pernambuco 78 47 Peru 6s°'60 Peru 65 '61 Poland 7s ‘47 Poland 8s 50 Prussia 6138 Queensland 7s 41 Rlo de Jan 6% s '63___ Riode Jan 8s’'46 Rome 63552 Roumania 7859 Sao Paulo St 6. Sao Paulo St 7s 40__. Sao Paulo St 7s '56._. Sao Paulo St 88 '36_. Sao Paulo St 85 '50_ Serbs 78°62. Serbs 8s'62 Silesian Bank flesia Elec 615 '46 Sydney 518 '5. Tokio 5852 Tokio 518’61 ‘Trondhiem 53 '§7 Uruguay 6s'60_. Uruguay 6864 _. Uruguay 8s’46 Westphal E P 65°53__ Yokohoma 6% ‘61 DOMESTIC BONDS. Adams Express 4s°'47 100% 100% 104% 3% 80% 102 66 663 65 23 84l 100% | Cons Ed DAY, JUNE 7, 193 High. Bklyn Un Gas 6: Bklyn Un G 6s'57 B._. Brown Shoe 3%, 850 _. Buff R&P con 4% a'57. Bush Term con bs°65. Camag 7842 c! Canada So 6862 A___ Can'dlan NR 438 ‘51, Can'dian NR 4%s'67. Can'dian NR 4% 855 Can'dian NR5s8'69 Oct Can'dian N db 6148’46 Can’dian P db 4s perp Can'dian Pac 434846 Can’dian Pac 4145 '60 Can'dian P 5544 cfs_ Can'dian Pac 6s ‘54 Caro Cent con 48'49__ CaroCl&O5s'38____ Car & Gen 5850 ww _. Cent of Ga con 63 "45. Cent Hud G&E 68 '57_ Cent Il E& G 68'51_. Cent I11 Lt 3168°66 __ Cent N England 4s'61. Centof NJ 45’87 5 Cent of NJ gen 58°87 Cent Pac 1st rf ¢s'49. Cent Pac 5s'60 Cert'd deb 5%s'48 Champ P&F 4%s°50 Ches & 03%s8'96 D__ Ches & O 3%s'96 E. C&Ogen4%s’92 C & O con 5839 Chi & Altref 3s Chi B&Q gen 4s°58 Chi B&Q 4%s'77_ - Chi B&Q1 div 3%s°49 Chi B&Q1 div 48’49 __ Chi B&Qref 58°'71___ Chi & E 111 6s8°51. Chi & E 111 58 '51 ct Chi Grt West 48 '69 Chi 1&L gen 65 '66 _ Chi Ind & So 4856 CM&StP4s'89 CM&StP gn 43 8'89C CM&StP5s'75 CM&StP&P adj5s2000 Chi & NW gen 4s 87 Chi&NW gen 45’87 st Chi & NW 4148 2037 Chi & NW 41582037 C Chi & NW 43549 Chi & NW gen & Chi R1&Prf4s 3 Chi R I&P gen 4 Chi R I&P 4 j Chi RI&P 415" Chi R I&P 47360 Chi T H&S 13t 53 °60 _ Chi Un Sta 31851 _ Chi Un Sta 3%s'63 E Chi Un Sta 4s'44 . Chl & W In con 45 '52 Chi & W Ind 4148 '62_ Childs & Co 5543 CinG & E3%s°66 CCC&St L gen 45’93 CCC&St L rf 4%877E CCC&StLrf 5563 D_ Clev Un Ter 4157 Clev Un Ter 55'73 B Clev Un Ter 51:8'72A Colo F & I 55 70 Colo & So 414880 Columbla G & E 55 '52 May o Columbia G&E 6561 Col & H Val ext 45 '48 Colum Ry P&L 4565 " 100% 101 94 1054 | Comcl Credit 3% s 51 Com Inv Tr316s°51 Y3 s'46. Cons EAN Y 31s°56_ Consol Of1 3%8°51 _ Consum Pwr 3%s'66. Consum Pwr 31870 Consum Pwr 33s '65. Crane Co 312861 _. Crown C & S 4s'60 Crown Will P 6s’ Cuba RR 1st 58°52 Dayton P&L 315s'60_ Del & Hud ref 4s 43__ Del P & L 474569 Den & R G con 4536 Den& R G 412836 Den & RGW 5 Den& RGrefb Des M&Ft D 4s'35 Det Edison 4123 '6 Det Edison §s'52 2 Duquesne Lt 3138 "65. Elec Auto Lite 4s°52_ E1 P&S W ref 5365 1001 103% 105% 100% 105% 105% 109% 109 8314 7915 T8% Erie & Jersey 6s'55__ 118 Fed Lt&Tr 6s'42 _ Fed Lt&Tr 63’54 B Fla EC Ry 5574 Fla ECRy 55 ‘T4 ctfs Gen Mot Acc 38’45 __ Gen Mot Acc3%e'51. Gen Stl Cast 514849 Goodrich 4% 856 ___ Goodrich 6s 45 Goodyear T&R Grt Nr Ry 3%s Great N Ry 48 46 G__ Grt NRy 4s'46 H Grt NR gen 4% Grt NRgn4%s'7TE Grt NRgnbs'i3C__. Grt NR5%s'62B. Green Bay 63’62 B Gulf States Util Gulf Sta Stl 4 Hoe (R) 1st mtg 44 Houston&TC 1st55'37 Hudson Coal §s'5 | Hud & Man inc 5s 111 Bell Tel 3%s 111 Cent col tr 48’52 111 Cent col tr 111 Cent ref 48°'55 111 Cent 43%s'66 _ 111 Cent ref 58 111 Cent Lit div 38’51 111 Steel deb 4% s 40 ICC&St LN O 41,5863 ICC&St LN O 658’63 _ Ind'polis U R 315s ‘86 Inland St13%s'61 Int R T 1st rf 5566 Int RT 6s'32_ - IntRT 78°32_ Int RT 7s°32 ctfs. Int Agr-cl 5842 stp Int Grt Nr adj 65’52 A Int Hydro Elec 6s'44_ Int Mer Marine 6s°41 Int Pap 1st 55°47 A__ Int Pap ref 6s°55 Intl Ry CA 6145°47 Towa C 1st&rf 48 James F & C 48°39___ Kanaw & M 4s'90____ Kan CFS&M rf4s'3éct Kans C So 1st 3550 . Kans City So ref 58'50 Low. Close. 114 114 94l 9414 105% 105% 105% 105% 85% 85% 63% 634 24% 24% 13 113 113% 113% 112% 112% 116% 116% 118 118 123% 123% 94% 94% 1057 105% 103 101'% 29 100% 101 1013, 1001 1027 105 10014 105% 105'% 49 4 104 9% 1024 1017 | 104% 104% | Penn | Penn | Socony Vav31s High, 9014 86% 974 Low. Close. 0% 90% 86% 86U 97 97 102% 102% 100% 100% 103% 103% 3% 106 119% 123% Morris & Es %8 2000 Morris&Essex 4% 8’66 Morris&Essex 5555 Namm & Sons 6s *43_. 1024 Nat Acme 4148’46 ___. 100% Natl Dairy 3% s'51ww 104 Nat Ry Mex 1st 4s '5lasst ___ Natl Steel 4385 _ New E T&T 4¢%s = New E T&T 1st 5852 New Jer P&L 43%5s'60 New OrIGNR 6583 A. New Orl PS 6855 B . New Or Ter 1st 48'53 New Orl T&M 58’51 B New Orl T&M 6% #'54 NOT&M 5% s8'54A cfs. NOT&M 51;5'54 B cfs N Y Central 3%s'52_. NY Central 3% 5 NY Central 3% s°46__ NY Centcon 4s'98 __ NY Centrf 4%s 2013 NYCrf4%s2013n__ NY Cent rf 55 2013 NYCLSh3ys'98 NY Chi & St L 4846 NYC&St L 4%s°78 NYC&St L 6%s'74 NY Chi & St L 6s'38 NY Dock 1st 48°51___ NY Dock 5s°38 Sl NY Edison 3% s'65 D. NY Elisref 3148'66_ 2 100% NYNH& H3%s'4 g 39 NYL&W Ist4s'73__ NY NH & H 4857 NY NH& H 41867 NY NH & H cl tr 6s'40 NY NH& H cv 6848 _ NY NH & H Cons Rys 4854 = 345 10634 119% 1234 107 88t 314 1064 119% 123% 55% 5T 100% 10015 8°'92 NY Steam 5856 ____ NY Steam 1st 6s'47__ NY Tel gen 4%s°39__ NY Tr Rk 6s '46 stp__ Nort & W 1st 45'96__ Niag Sh5%s'50 ___ Norf&W 1st 45’96 rg_ orth Am Co 5861 orth Am Ed 5369 C North Am Ed 5%s°63 Nor'n Pac gen 3s 2047 or'n Pac 4%s 2047 _ Ohio Edison 4s ‘63 Ohio Pub Sve 7s'47__ Oreg RR&N 45’46 Oreg W RR 4s 61 1054 11 111% 107T% 90% 99% 103 107 101 Pac Gas & El 3 PacG & E 43 64 ____ Pac TRTrf{3%s'66 B Pac T&T 3148’66 C Para Broadway 3s ‘55 Param’t Pic 31(8'47 Paramount Pic 6s°55 Park-Lx 613553 ctfs Penn Co 4s '63 | Penn Dixie C 6541 |Penn P& L 4728781 Penn RR 3% s wi Penn RR23%s'T0C Penn RR con 4s 48 Penn RR cn 4s 48 stp RR 41881 D _ RR 41,584 RI gn 414565 RR deb 43570 Penn Penn | Penn | People GL&C rf 55' Pere Marg 1st 5 Phelps D 31 Phila B Phila Co .55 Pitts&W Va 4 Port Gen El ¢ Postal Tel & C 5s ‘Pure Oil 414850 ww_ | Pure Oil 414850 drw. Pure Oil 4 PureO 41;s Reading Jer C 4s'51. Reading R 41; | Reading R 4 Rem-Rand 41} Republic t1 4725 '50. Republic Stl 41,5 '56_ Republic Stl 4158 '61_ Republic Stl 5155 '54 Richfield O 68 44 ctfs RG W Istex in 4s ‘39 R1A&L 1st4lis'34 Saguenay Pw 41,566 StJo Ry L T&P bs'37 St LIM&S R&G 45 '33 TS Fran 4850 A . L-S F 4530 A ctfs St P Un Dep rf bs abd A L 45’50 stp_ abd A Liref 4s'59__ Seabd A L6s’45 A __ Seabd A L 6s 45 ctfs Sharon Stlcv 423851 Shell Un deb 314s '51. Skelly Oil 48 '51 & 2 Wi Southn Cal Gas 4565 Southn Cal G 416861 Colo Pwr 65 47 A South Nat G 413851 So Pac 3% s 46 So Pac col 4549 _ So Pacref 4855 So Pac 4145 '68 _ So Pac 4%s°6 So Pac 41;s 81 - So Pac Ore 41:8'77 rg. So Pac S F Ter 48’50 So Ry gen 4s5'56 A_ So Ry 5s°'94 — So Ry gen 6s 56 So Ry 616556 __ S W Bell Tel 3145 Southw’n G&E 4 Stand Oil N J $1.. Studebaker cv 68 '45_. Swift & Co3%s'50__. Tenn C&C 6s'44 B Tenn El Pw 6547 A_. Term As St L 48" Texarkana 514850 __ Texas Corp 31851 _ Texas & Pac 58'77 B Texas & Pac 5880 D. Third Avref 4s 60 Third A ad in ex 5 Third Av 1st 5537 ‘Tide Wat Oil 3158’52 Tol & Ohio C33%s'60. 104% UnEIL&P5s'37T _ 104 Un Oil of Cal 3%s°52. 11014 Union Pac 314870 ___ 66 104% 104 110% Unlo! | year of expansion since the low for the | duction this year should reach the | movement does not receive a setback, | it is highly improvable that the na- | hens, 14-17 | on” track’ OIL PRODUCTION HELD EXGESSIVE Hamilton Institute Believes Present High Rate Will Depress Prices. 8pecial Dispatch to The Star. NEW YORK, June 7.—The output of petroleum in the United States rose to a new high monthly record of 106,724,000 barrels in March, accord- ing to the Alexander Hamilton Insti- tute. This compares with the previous high record of 98,567,000 barrels in January and with 90,568,000 barrels in March last year. Production during the first quarter amounted to 298,464,000 barrels this year as against 261,508,000 barrels last year. 1If the gain over a year ago, which occurred in March, is main- tained during the remainder of this year, the annual output in 1937 will reach a new high record of 1,284,000,- 000 barrels, as compared with the previous high record of 1,099,000,000 barrels produced last year and with the pre-depression output of 1,007,000,000 barrels in 1929, The current year will thus represent the fifth consecutive depression in 1932, when only 785,000,- 000 barrels were produced. Petroleum prices have remained relatively steady for about a year at a level considerably above the low for the depression, but well under the pre- depression level in 1929. The present high rate of output sug- gests the possibility of a reduction in petroleum prices. If the annual pro- figure indicated by the showing during the first quarter, the value of produc- | tion this year would be higher than in | 1929. The present outlook is that the na- | tional income this year will not be sufficient to support such a high value. Even if the current inflationary tional income will be as large this year as in 1929. Washington Produce score, 1-pound prints, 35; nts, 36, tub, ;4. 00 score prints, 44: le-pound prints, ‘market sirong. MEATS—Chojce beef. 15a]9: . veal 16; Spring lamb, 4. Fall lamb, pork loin. X frozen pork. 23, fresh | : smoked’ ham. 25. sliced bacon, Slab bacon, 2%, compound, i3's; STOCK —Pigs. medium, 35; calves. 15 14 LIVE 9a0'; il 10a1013 250 | 5. 1012a1: heavies, ¥al10; calves, a9, Prices paid shippers. net. fob. Wash- n By the U. 8. Bureau of Agricui- 1 Economics EGGS—Market changed prices. Curren hennery whites, 19}5-20 kraded and dated white eggs—U, 8. extras, large, 4%z U. S_extras. mediums. 20, U. S. standards. large, 20's, LIVE POULTRY—Market quiet. Prices | unchanged. = Fowl—Colored. heavy. 1ti-1 Lekhorns, 14-15 7 Chick Crosses. 21- Rocks— Virgini Delaware. 173-221.. Leghorns. * pounds LK. less then % pounds, 16. Turkers—old old toms.’ 13-14. Fruits and Vegetables. Sales in large lots by original receivers | > lo 8 am. toaay: APPLES—No carlot arrivals: Supplies lig inarke: iteaay v Virginia und West v United States No m, 1.i5-1.80 2Vs-incn mum, 2 about steady at un- receipts. 16-14; Government | u no cars | demana lignt, | Pennsylvanix, | is, Zla-inca 2-inch minimum, mum. minimum Ga. 5. :fiaiineh pumime nch_minimum, 1.t Stayman.. 14 jarger. 4 e ASPARAGUS—No carlot _arrivals: no cars on track. Truck receipis moderate: supplics moderate: demand fair: markei slightly weaker. ick receipts moderate; | te, demand fair: market | Pyramid crates. - dozen | Jersey Extra Colossal, .00~ | 155-200; “exira fancy, | pmedium o large | h Armour Holders Back $75.000,000 Refunding Plan By the Associated Press. CHICAGO, June 7.—Stockholders of Armour & Co. today approved the proposed $75,000,000 refunding plan recently announced by R. H. Cabell, president. Proceeds from the sale of new se- curities will be used to redeem the $54,162,800 of 7 per cent guaranteed cumulative preferred stock of Armour of Delaware, a subsidiary, and for re- funding on a longer basis $20,000,000 of bank loans. SLONERPACESET ATSTEEL PLANTS Institute Finds Operations Down 1.2 Points at 76.2 Per Cent Mark. Bs the Assoclated Press. NEW YORK, June 7.—Operations in the steel industry for the current | week declined 1.2 points to 76.2 per; cent of capacity, compared with 774 per cent last. week, the American Iron | & Steel Institute estimated today. A month ago operations averaged‘ 91.2 per cent of capacity while a year | ago the rate was 69.5 per cent. | Permarneril | NEW YORK BANK STOCKS | NEW YORK, June 7 (#).—New York | Becurity Dealers’ Association: (Quotations as of 2 o'clock.) Manufacturers Tr (2) Manufacturers Tr pf (2) Natl Gity (1) ___ N Y Trust (5)___ Bublic_(1%2) Title G & T Money for Construction Loans ang Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGEI. BORGER 643 Indiana Ave. N.W. Nat'l 0350 First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MEMBER BUILOWG § (OMN ASSOCIATION €ouNCIL of 0.C. NATIONAL Safe Investments First mortgage notes, well secured on con- 6% S new buildings in Washington and nea by Marylond. Denominations of $500 up. Interest 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 Established Nearly 40 Years 7 First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Colambia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. Get the Facts about our no cars rate. sup- slightly weaker. Car bushel hampers pointed type. 5 RROIS—One Texas arrived: one Subplies Light: de- te: market siightly strong Western lettuce crates, .00~ Texas, busnel baskets, 200 CAULIFLOWER — No arrival. one broken car on tiack, demand modera fornia. crates high as 1 CELERY broken car on track mand moderate California Supplies ligh te: market steady. Ca mostly 1.25-1.50, few best 0 carlot arrivals: en cars on track. Supplies | N 3-1 doun" ONIONS — No carlot _arrivals: one | broken car on track. Supplies’ moderate. | demand moderate: market steady. Texas, | 50-pound sacks_ veliow Bermudas. U.. S, commercial, 1.35-1.50. PEA! One California broken cars on_track. mand moderate: New Jersey, poorer. 1.0 ‘Lelephones, arrived: two | Subplies light: de- market siightly stronger. | bushel hampers. ~ 1251 5-2.50. to Prices Steady. —One _ California, six Soutn Carolina ar- en and 11 unbroken cars stock: old Supplies light. de- mand light: market steady. Maine. 100 pound sacks. Green Mountains, U. 8. No. 1. 250, New stock: Supplies moderatt demand’ moderate: market steady. and_South Carolina. blers. U. §. No. 1 North _Carolin blers, U.S. No.'1. 1 STRAWBERRIES—No North stave barrels Cob- MORTGAGE LOAN PLAN EARN how itlowers your interest costs . . . how it puts your principal pay- ments on a more conveni- ent basis. Thousands of property owners endorse tho plan. Ask us about it. WEAVER BROS i~ REALTORS Mortzage Lean Corrarpomdent Matropeiizan Lifs Insurancs Company WASHINGTON BUILDING DISTRICT 9486 BUILDING ASSOCIATION | UNDLR. “SUDLRVISION U.S. TREASURY 949 NINTH STREET, NW. OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM'S FURNITURE HOUSE 1116 Eye St. NW. Phone NA. 2184 FIRST TRUST LOANS Long-term REFINANCING . : Lowest Rates . . , 3-Year Con- struction Loans . . ., 3% BOSS & PHELPS MORTGAGE CO. Loan Correspondent John Hancock Mutual Life ins. Co. 1417 K 8t. N.W. NA. 0300 — 2 We Have a Few 6% First Mortgage Notes Available For Further Information Consult SHANNON & LUCHS, 1505 H St. N.W. Natl. 2345 MORTGAGE LOANS ON Centrally Located BUSINESS PROPERTY very attractive interest rates ROBERT PEDDICORD 1713 K St. N.W. DISTRICT 0010 Office Hours, 9-12 & o SUMMER TUXEDOS - Clothing for Gentlemen Featuring Now FINE TROPICAL WORSTEDS - GABARDINES PALM BEACH SUITS - WHITE EVENING COATS IRISH LINEN SUITS - SPORTS JACKETS & TROUSERS SILK SUITS - HABERDASHERY HATS - FRENCH, SHRINER & URNER SHOES LEWIS & TH°S. SALTZ INCORPORATED 1409 G STREET N. W. NOT CONNECTED WITH SALTZ BROS. A SEERSUCKER SUITS INC. $7.50 per $1 716 11th Street e RGHASE, BUILD OR REFINANCE 2% Easy Monthly Payments as low as ,000. No commissions or renewals. Taxes may be paid monthly. our economical loan plan. COLUMBIA BUILDING ASSOCIA Investigate Opposite Palais Royal Consider These Facts When You Wish To Arrange A ESTATE LOAN (] LOANS on improved or to be improved real estate— as iow as 7.50 per thousand per month PERPETUAL Building Association is the largest in Washington, and one of theleadersinthe entire United States. Kans G&E 4%58'80___ Kings Co El 4 Laclede G 5% Laclede G 5% Laclede Gas 65°42 A Lake S&M So 335 '97 Lautaro Nit 19758 Leh C&N 43854 A Leh & N E RR 4565 Leh V NY 4%5'40 gtd Leh V P con 45 2003 Leh V P con 4%8 2003 Ligg & Myers 55'51__ Loew's 3%8°46 Long Isl ref 4s°49_. Lorillard 5851 La & Ark 58 69 _ L & Nash 3%s 2003 L& N 1st 48 2003 __ L& N unif 45°40 L &N 4%82003C. L&NS582003 B McCrory Strs 68°51__ McKess&Rob 63850, Manati Sug 7%8'42_. Manhat Ry 48°90 ___ Manhat Ry 45 °90 ctfs Mead Co 63 °45 Met Ed 1st rf 4 Mil El R&L 68 s Mil E1 R&S L rf 58’71 MilSpa & N W 4s8°47_ Minn & St Lrf 48’49 Minn & St L 68'34ctfs MStP&SSM rf 65 46A MStP&SSM cn 4s'38 MStP&SSM s ‘38 gtd MoK&T4s 62B Mo Pac 48°75 Mo Pac 6877 " Mo Pac5s 77 F Mo Pacific 65° 81 1 Mo Pac 6s°81 1 ctfs__ Mo Pac 6%s 49 A Mob & Ohfo ¢%8'77.. Mob & Ohio 6338 Mob & Oh M div 58’47 Monong Pub S 4148'60 103% Monong Pub 8 65 ‘65_. 102% Mont Pwr 3% Pac3%s'71 __ 9 Uniofl Pac 1st 43°47 _ 1127 Un Pac 1st rf 45 2008 107 Un Pac 1st rf 55 2008_ 115% United Drug 5s'53 9774 U S Rubber 5347 ___ Utah L& T 6844 A__ Utah P& L 68’44 __ Util P& L 58 '59 ww_ Ut P& L5%s 47 __ Ver Sug 1st 7s'42 ctfs Va Ry 18t 3% 866 A_ Wabash 4148°78 _ Wabash 1st 5s°39_ Walker H&S 418 '45. Walworth 48°65 ____ Warner Broscv 6s'39 Warner-Quin 6s'39 West Penn P 34866 W Sh 1st 43 2061 gtd. West'n Md 1st 48 ‘62 Westn Md 5%8°'77_ __ West'n Pac 55'46 A as West'n Un 4148’50 Westn Un cl tr 58 '38_ Westn Un 68 ‘51 West'n Un 6360 Wh &L Econ 4s'49_ Wheel Steel 41%8°53 . W Sp Stl 1st 78’35 et W Sp Stl con 7s '35 ct Wilkes B&E 1st 5842 Wilson & Co 4s '55 Wis Cent 1st gn 4s°49 25% 25% 2515 Y'ngstn S&T 33%s°51. 134 134 134 Y'ngstn S&T 48°61__. 101% 101% 101% - CHANGES ARE DRAFTED BY FOOD MACHINERY By the Associated Press. NEW YORK, June 7.—Officials of Food Machinery Corp. stated today that creation of 60,000 shares of cumulative preferred stock, par value $100, to be issuable in series, and an |y, LEMON! increase in authorized common shares 0-9.04; 8.00- %0 700,000 from 500,000 wAll be made. | xels MasTiowers. smart s s et P Adams Express 45 '48 101 101 Alleg Corp 58 '44 .. Alleg Corp 68 49 Alleg Corp 68 '50 Alleg & Westn 45898 _ Allied Stores 43%8°'50. 99% Am & For Pw 68 2030. 77% Am Ice cv 53°53 96 Am1GChb% Am Intl 6%s 49 AmT&T 3%s AmT& T 3%s 66 no cars on track. 101% 101% supplies light: di 60 60 51% 102Y% 34% 95%, 103% « 101% Great Amer (1a)____ Hanover (1.60) Hartford Fire (2) ( D — g e to" asali according to_quality; nearbs - 3.00-5.00; .50 "pe mostly ~ 3.00-3.50 per crate. TOMATOES—Two _Mississippl arrived: two broken and three unbroken cars on : poupolies moderate; d mod erate: market about steady. Florida, boxes. green. ripes and turning, wrapped. 6x6 and larger. 1.50-2.00; few best high 88 2.50: 6x7. 1.001.50; few best high as E Mississippi. lug boxes, green, ripes {Urning, wrapped. 66 and ‘larger. .00-2.25. WATERMELONS—One Florida arrive one broken car on track. ~Supplies ligh demand moderate: b Steady. u) 115% 9714 106% < W) e Knickerbocker (.80) " Lincoln Fire = Maryland Cas Z Mass _Bond (312) - Natl Fire = at] Liberty (.20a) Hambshire (1.60)"_ Y Fire (.80a) PERPETUAL has over 55,000 bor- rowing and savings members. PERPETUAL’S Board of Directors keep in close contact with the officers and materially assist in the speedy handling of loans. or River (1) e 105% 32% 92% 106% cans AmT&T6%s 43 Am Wat Wks 6s'75 Anaconda deb 4143 °50 105% 106% Anglo-Chil Nit Ts'67_ 34% 34 Ann A IstexIn4s’95. 65 65 Armour(Del)1st 48’556 98 978 Armour (Del) 48°'67_. 97% 97% 97% Armstrong Ck 48°60. 106 105% 105% A T&S Fe gen 48°95 .. 110% 110% 110% AT&SFegn4s'95rg 108 108 108 A T&S Fe 4 %3 48 108% 108Y% 108% Atl Coast L 1at 48°52 103 102% 102% Atl Coast L clt 48'62. 94% 94% 94% AtICLun 4% 4 . 92y 92% 92% Atl Coast Line 5545 105 106 105 Atlantic & D 1st4: 49 49 49 Atlantic & D 2465’48 45% 46% 45% B&O 1st4s 43______ 108% 106% 106% 6% 5% T6% 114 114 114 8 85 85 86% 84% 84% 8 85 85 9% 97 97 108% 103% 108% St Paul Fire (4) Epringfleld Sun Life (715¢) Travelere including interest and curtail . . . No commis- sions . . . No renewal fees. Lot us help you solve your problem with a Perpetual loan. L i | 75-1.00 No carlot ar- ivals; one broken car on track, SNAP BEANS—No carlot arfivals; cars on track. Truck receipts light: sup. plies demand 'moderate; market about North Carolina, ~bushel sreen, round and flat types, LIMA BEANS—No carlot_arrivals: broken car on track. demand moderate IF YOU CAN PROFITABLY USE MORE MONEY IN YOUR BUSINESS =5 L BAY Do -- 34%2 36% ras. 50 far this year. FEDERAL LAND BANKS NEW YORK. June 7 (#).—Federal Land Bank Bonds 448 Nov. (1.208) Also extra or ext: PERPETUAL'S regular examinations Declared or paid by the U. S. Treasury Dept. aze sup- plemented by special C.P.A. audits as well as its own Auditing staff. one Supplies moderate; ; market steady. Florida, bushel hampers. '2.75-3.00; poorer, .50 SQUASH—Supplies light; erate; " market steady. South Carolina, bushel hampers. white 'wrapped and yellow crooknecks, 50-1.25; few 1.50 on yellow crooknecks CUCUMBERS—No_ carlot _arrivals; no cars on track. Supplies moderate; demand moderate; market slightly weaker. South Carolina, ' bushel baskets, fancy, 2.50-2.76; poorer low as 2.00: choice, 2.00. CORN—No carlot’ arrivals: no cars on track. Truck receipts moderate: supplies light: demand mod market slightly stronger. dard _cr 5 dozen. mostly 2. OKRA—Florid dium size, 2.00. PEPPERS No ¢ . Supplies light; market steady. Fl baskets, green 2.0 crates, green. 3. 7 EGGPLANT—Suppli light: demand moderate; market gteady. Florids, 1%- bushel crates, 1.50-2 ORANGES—Three California, two Mor- 1da arrived; two broken and four unbroki «+..you will find us ready to confer with you and ren- der every assist- ance in our power. The Washington Loan and Trust Company othar 17hao 100% 109 100 38 38 37 38 18t% 1814 184 101% 101% 101% PERPETUAL has always had a rep- utation for sound, fair appraisals. Over 200 borrowers per month were advanced loans last year, totaling over $12.000 000 for the year PERPETUAL BUILDING ASSOCIATION 11th & E STREETS, N.W. ESTABLISHED 1881 Largest In Washington—Assets Ove: $43,000,000 ARTHUR G. BISHOP MARVIN A. CUSTIS EDWARD C. BALTZ Chairman of The Board President Secretary 38 fi ( ( ( ( ( ( ( ( % AAAAA [y 555353555 222333323 FHEREXE FF U. S. TREASURY NOTES. ORK, June 7 (.—Prices quoted NEW ¥ B &O PLEAW Vérdl in dollars and thirty-seconds. B&OSwnbs'50 __. 104% 104% 104% Bang&Aroos 48 °51... 107% 107 107w Bell Tof Pabs'48 B 1181 118% 118% Bell Tel of Pa 65°60C. 126 126 125 Beth Steel 3% 8 '66 9% 94 96 103% 103% 103% 79% 19 79% 83% 834 83y 26 25% 25% 25% 25 25 101 100% 101 B7% B74 03% 163% on i Mermber, Federal Reserve System and Federal Deposit Insurance Corporatios. Bos & Me 53 '67 BotCon M 6%s°34. _ BotCon M 6%s ‘34 ct. Bklyn Ed con 3% s ‘66 Bklyn Man T ¢ 6. 88 Bklyn Ua E168°50__. 103% 1 otk bt o e ot ©£3833933353355) ottt g i B At B VVV N T T ! FEETFTFTESS & December Tttt s 1025008