Evening Star Newspaper, June 7, 1937, Page 19

FINANCIAL. CURB LIST EASES LATEINSESSION Creole, A. & P. and Gulf Oil Are Exceptions to Lower Market Drift. By the Associated Press. NEW YORK, June 7.—Buying power was feeble in the eurb market today and most leaders ruled a little lower in late trading. A few exceptions to the downward drift included Creole Petroleum, Great Atlantic & Pacifit and Gulf ©Oil, up fractions. On the minus side fractionally were Newmont, Niagara Hudson Power, Sherwin-Williams, St. Regis Paper, American Gas & Electric and Inter- national Petroleum. A few more re- mained on dead center, showing no change Niles-Bement-Pond slipped off about 214 on light transactions. Crude Oil Prices Raised 15 Cents In Pennsylvania Br the Assoclated Press OIL CITY. Pa.. June 7.—All grades of Pennsylvania crude oil, except Cor- ning. advanced 15 cents today. Prices under the new schedule were: Central district, $2.77-82.82; Bradford, $2.82; Southwes Eureka, $2.52; Buckeye, $2.37 A previous increase of 10 cents was announced the first of the year. INSURANCE STOCKS GO HIGHER DURING WEEK Bpecial Dispatch to The Star NEW YORK, June 7.—Insurance #tocks in the New York City market registered a recovery during the last week, according to records compiled by Hoit, Rose & Troster. The aggregate value of 20 leading fire and casuaity insurance issues on! June 4 totaled $599.974.000, compared with $593,824,000 at the ciose of the previous week, an increase of $6,150,- 000, or 1.04 per cent. The current average vield of the 20 issues of 378 per cent compares with a yield of 3.82 per cent on May 28. The current market value equals 86 per cent of the current liquidating value, compared with 95 per cent a ‘Week ago. 6. C. MURPHY SALES CLIMB 17.4 PER CENT | By the Assoclated Press. NEW YORK, June phy Co. sales in May against $3.089387 in May, 1936, it was announced today, an increase of 17.4 per cent. For the five months this year sales compared with $12,725.136 in the like 1936 period, an increase of 19.1 per cent. ~—G. C. Mur- were $3.626,432 RAIL ORDERS CLIMB. NEW YORK, June 7 (#).—Loco: motives ordered during the first five | months of 1937 were 206, against 108 in the comparable 1936 period. Three thousand nine hundred and three freight cars ordered in My brought the 1937 total to 44.562 double the 1836 figure for that period Passenger car orders for the five months totaled 446, against 87 in the 1936 period. CURB BONDS DQMESTIC BONDS. High. Low. Noon. Ala Power 4'ax 67 ___ 1 k) 100 108 100 Z-2106% 108% 1067 Z108 10734 10734 Dlve Bl 013 1004 1004 1004 8614 9BV, 98! totaled $15.156,919 | or about | By private wire direct to the Star. All time shown 1ig) oa which the Exeh; 3 Stockand Sales— Dividend Rate. Add 00. Hixh. Low. Closs. Agfa Ansco ST T Ry Afrinvestors __. 1 3% 3% 3% Ala Pwrpf (6) . 208 61k 614 6l% Alabam Pw pf(7) 208 7'y 71's T1% Aluminum of Am 100 145 145 148 Alum Am pf (6)_ 100s 11815 118% 1184 Alum Ind (40c)__ 1008 7% % % Aluminum Ltd _ 108 108 108 Alum Ltd evpf 6 12145 12114 121% Am Airlines Ine. o2 2> ANiop) Am Box Bd bd5e .. 20 20% Am Centrifugal . ‘ Am CP&L A (3) AmCP&LAwWW23 Am C P&L B h30c Am Cynm B t60c_ Am G&E (1.40) Am Gen (a50c) Am L& T 11.20__ Am Maracaibo __ Am Seal Kp a30c_ Am Superpower . Am Superpwr pf _ Am Thred pf 25¢_ Anchor Post B _ Angostura(t20c). Arcturus Radio__ Ark NatGas Ark Nat Gas (A)- Ashland Oil t46c_ Asso Gas & Elec_. AssoG&E (A) _ Ass0 G & E war Atlanta G L pf 6. Atlas Corp war Austin Silver _ Auto Products _ Auto Vot Mch 50¢ Avery & Son _ _ Bald L bd rts(d) . Bath Iron Wka Rellanca Alrcraft | Benson & Hedgen Berkey & Gay __. Berk & Gav war_. | Bliss (EW) | Blue Ridge(b1bc) | Blumenthal (S) | Rourjois (a76¢) Brazil TL&P bd0e | Rreeze Inc(a75e) | Bridgpt Mch b2se Bright Star El B { Brill Corp (A)_ | Brill Corp (B)___ Rrill Corp pf Rr Am Oil cou(1) Brown Co pf Brown Fence 80 Bunker Hill & § . | Burry Bis (b25e). | Cables & Wire B Can Ind Alco A Carlb Synd(h50c) Carnation (1) Carnegie Metals Carrier Corp Catlin (a40c) _ Cent &S W Util | Cent States El Centrif P t40c Celanese 1xt 17 Cent Oh Stl ha0c Chi Flex Shft (4) Chief Con Mining Childs Co pf Citles Service Cities Serv pf Citlex Sve pf BB | City Auto (t60c) Claude Neon Lts_ Clev El 11lu(t2) . Colon Dev Ltd __ Colo Fuel&] war._ | Colta P F A bse Col G&E cvpl(5) | P 0& G b20c | Comwlth Edis t4_ Comwlth & § wr_ | Comunty PS 112 | Cons Aireraft | Consol Copper Cons Gas Util ws Cons Ret Str (n) Consol Steel Contl G&E prpf 7 Contl Oil (Mex) . Contl Roll&S Fy_ Cooper Bessmer Copperwaeld 11.20 “ord Corp - | Cosden Oil (Me)a | Cosd Oil(Me)pt 4 Creole Pet t(50c) Croft Brewing __ Crown Cent aée _ Crown Ck Int A 1 Crown Dr (b20e)_ Crystal Oil Ref | Cuban Tobaccn Cusi Mex Mining. Denninon 7% pf . Demin Steel Douglas W L pf_ Dow Chem (13) __ Dubelier Conds _ Duke Power (h2) Duro Test (40¢)_ | Bagle P Ld b20e . | Estn G&F Apf 3. | EstnG&F p pléls | Easy W M B b2sc | E1 Bond & Share.. |E1B&SDf (65) . [ K1 Pw Aseo blbe. | Bl P&T, opt war_ EIP&L 2d pf A _ ¢t saving erating. 208 3% 33 341 A% 32 32 9% 18% 1% 6 1% 300 3 4% 3 2| El Shareholding Can Pac fis ‘42 Caro Pw & Lt 8¢ 156 > 54 r | EI Shpf wwi6) - ctrol Inc v tc. Emp G&F 8% pf - Emp Pw pt bile Equity Crp a2ie. Fureka P L (4)_ Evans Wall Ld__. Ex-Cell-O (b20e). Fairchild (a15e)_ Falataft Br 311y . Ferro Enam b75e. Fisk Rubber Ford (Can)A (1) __ 'z | Ford Ltd b21e_ Com Ph Sy Ay 60 A Gatineau P 6 '41 B Gen W WAE 55 41 A Georgla Pw 53 67 Glen Alden C1 425 Memeer co 61 Midian VRR &R 1”“‘.|Hil, 10R1g ]fl{" l”:’t 18 ) n". 1i7n l‘lnm ]fli" -, 10833 1053 1083 1083/ 9713 "7 743 7 Q. g -0 2, o005 33118333335 TS 355035525 $3333333233-322% .8ou Cal E 45 ?n Bou Ind Ry 45 ‘b1 8id G E cv 65 '35 cod flfl Bi@ GA g heincod an Btd G & €8 51 A RF“, flfl «ah mw. mw. 2108 " 108 " 106 - 1013 1013% 1013 1037 105 x.xnnv. 104 113% 3 e . :;:3:53“ aEE FEEF #8254 TRE 13omay’ T4 by maruriy. in recel ""hl’. Froedt (20¢) .___. | Gen Fireprt b25e. Gen Invest ____ Sen Tele (b25c) .. Gen Tel cv pf (3). Gen Tire & Rub .. Georgia Pw pf 6_ Glen Alden (1) Godchaux A(b3) Goldfield Consol Gorham vte b1.76 Gorham (A) Grand Natl Fims. Grand Rap V (1) Gray Tel P8 (1). Grt A&P T nv 6. Greenfield T&D Gulf Oil (b25c) - Hall Lamp(b20¢) Haloid Co (11) Hartman Tob Harvard Brew __ Hearn DS b1.65__ Hecla Min bébe _ Heller(WE) t40c Holophane (b50e) Hud Bay M b5c Humble Oil(114). Huyler's Del (d) - Huyler's pf (d) -_ Illinols lowa Pw_ 11l lowa P pf 23; _ Imp Oil Litd t50¢_ Ind Pipe L b30c _ InsCo No Am t2_ 3008 Intl H&L Ltd Intl Hy EI S pf Intl Pete (1134)_. Intl Products .__ Intl Radio b25e .. Interst P Del pf Inv Royalty téc . Irving Air Ch (1) Jacobs Co (b50¢) Jer CP&L pt 7 Jones & Laugh 8t Kingsbury Brew._ Kingston Pr 40a_. Kirby Pet (20c) .. Kieinert Co(60c). Lake Shore (14)_. Leh Coal&N 30c_. Lion Ofl Ref (1) Lit Brothers Locke Stl C 180 Lockheed Ajr __ Lone Star G 80e... Long lsland Ltg. Louisana Ld ¢0e. Lynch Corp ¢13). McCord Rad (B). MeWillms D t3.. Mangel Stores ... on 8tm Sh... Util Asso. M y Harris .. Mead John'n (13) Memp N G (bl0c) Mesabi Iron Mex-Ohio Of1 Mieh Bumpsr MichGas & ot -;E«g;:: ;“ - ] MDA E N HANN O RN~ - "w 2 Stock and L Dividend Rate. Mich Sugar._ Mid Sta Pet (A)_. Mid Sta P vte(B) Minn M&M b40c_ Molybdenum . __ Mont War@ A (7). Mount C (a2lc) . Mount Prod(80c) Nat Bellas Hess_, Nat Contnr (1) .. Rub M azle.. Nat Service ____ Nat Trans bésc _. Newmont M b1ty NY & Hond b75c.. NY Merch (80c) .. NYP&Lpt(6)_ N Y Tel pf (6%). Niag Hud Pw(n). Niag H P(A)war. Niag HP 1stpf 6. Niag S Md Baé0e Niles-Bement(2). Noma El (b40c) Nor Am L&P pf__ Northn Eure Oil. NIPS 6% pf bise No IPS pf b87 3¢ Nort States P A Novadel Agne(2) Okla Nat Gas pf .. Ohio Oil cu pf(6). Oldetyme Dist __ Pac GRE 15t 1% _ Pac Tin spe (12)- Pantepec Vil Pennroad (aZbe). Pa P&L pf (6) Pa P&L pf (1) Pa Salt (b3%) Pa Wat& P (4) Pepperell M{g 16 Phillips Pkg adte Phoenix Secur . Pines Wintfrt(n) Pioneer Gold 4Vc.. Pitney Bow t40c Pitts BL&E 113 __ Pitts Forsing Pitts & LE bl . Pitts Metallur 11. Plough Inc 1.20__ Premier G t12c... Producers Corp _ Propper McC (d) . Prosperity Bal Pug S P&L pf bs . Pyrene Mfg b20c_ Quaker Oats (5} .. Reiter Foster ___ Itoot Pet (b2be) _. Root P cv pf 1.20_ | Rossia Intl Corp Royal Typw b1y Rustiess | & Sti yan Consol ..___ St Lawrence C___ St Regis Paper _. Sanford Millac4)_ Schiff Co (2) | Selinallctt ;- Sel In prpf(513z) Sent §af Control - Seversky Air Shattuck Den Sher-Will (14) Simmons H& P __ Singer Mfg (16)_ Sonotone (al0c)_. Soss M{g (50c) _ So Pa Oil (1114) _. | Southn Colo P A . Soutl'd Roy b20e_ Stand Dredging .. Stand Oil Ky t1 Stand O Neb b25e. Stand Pwr & | Stand P&L (B | Stand Prod bise . Stand S & L (4c)_ | 8tand Tube (B) . Starrett Corp vte. | 8terchi Broa3oc. Sterl Alum b25c __ Sterl Brew aTic _ Sterling Inc t20e. Sullivan Machine. Sun Ray Dr 180c_ Sunray Oil (b5c). Sunshine Min(3). Taggart Corp Tampa EI (2.24)) | Technicolor asoc Tech Hughes 140¢ Texon Oil&L 60c._ | Thew Shov as0c Tilo Roof Ine (1) | Tob&All Stkx bl_ Toledo Ed pf & | Tri-Contl C war__ Tubize Chatil Tung-8ol Lamp.. Vlen&Co % pf _. Unexcelled Mfg __ UnG Canb27%e. Utd Corp war Unit Gas Corp .- Unit L & Pw pf A Ut P&L pf b37%c Utd Milk Prod(2) Unit Prof 8 bl0c._ Utd Shipyards A Utd Shipyds B Utd 8hoe M 1215 U8 Lin | US Play (‘lrdl 1 U 8 Rub Reclaim | Unit Stores vie _ Unit Verd Ex(1)_ Unit Wall Paper_ Utilities P&L(d). Valapar vte VanNorman bie Iker Mining _ Wayne Knit Milla W VaCoal &C __ Wisconsin P & L P (b131K) Wright Hars t40¢ Dividend ra pusrtly or s sl Fats—nor cumulated divides Paid thi DIVIDENDS— NEW YORK. June clared: Gennon Mills = ganital Clty Prod dicott-Johnson Faderated Dept (Willlam) Affliated Pund Sangamo Flec new lnsl\llln lxtnl nds. . last NEW YORK CURB MARKET 30 los— dy d 00. 2 3 k f 2008 High. Low. Close. M 1% 1w Mo 1% 1 1% 40 40 40 ° 8% 9 137% 137 137 1204 124 124 6% 6u 6 1 1% 1w 121 124 2% 14 14 14 LI N 10% 10% 10% 2104% 104 104 50s 204 29% 29% 2 13% 13% 134 308 B9l 994 99'a 255 111% 1113 1115 7 11% 11% 11k 11 408 2 4 25s 85 llbfll 55\- * 101 9 80s 90Y% 221 2 508 82 8 308 1508 90 95 179 76 126 101 Y 21 3% ™ 40 20 100 164 16 25 L3 % 134y 04 1013 112 1 5% 11ty 90 95 179 76 126 100 9 215 ) ™ 40 20 100 100= 40 1 20 708 100 268 T0'y 1 10% 108 112 1 1w LI 1 11y 700y 101y 112 14 53 11l . 101 13% ba 18% 8ly 60 231y 417 1 2% 2% 508 104 104 lN ]00.101'.\01',101», b ] a R 4w 5 181y 2008 126% 2 3% 3% 3%, 10s 310 310 310 1% 1% 6l 6l LUAN 44y L3 5 L 501 101 1 13% 6 1 101 1'(’\- l'l'h Bl | 60 2313 | u'. 10 6 " 1 2 4 4 178 1. . 124% 12! 10 4% 19% 11ty 8 10 A 191y 1% 3 1m By 9\ fi\, 5 21 1R 4% 1 < 19% 1l 28 1 5 6 50x 61 1 s 14% 100 6214 Tw % 12 1% | 1 50s 100s M e A 108 3 e | ANNOUNCED 7.—Dividends de- ™ pe- 8tock o - Rate, riod. record. sirs B B0 Interim. Ohicato Towel $1.80 . CHICAGO LIVE BTOCI CHICAGO. June 7ltn (Unit Dl.rll‘:x‘l‘:nl o‘f iy % 8-10 B?l‘h 3o ton 1 "l 3 408, pounds. 1016811 sows. 10.10-80; below, few choice Cutiet Y5 big A ..n..,,.gl, pin 000, calve s, and’ Tisht siears agiive. and. heifers” and mixed pounds. downward 1\ i 00 "nl’l n(ll olclclln:’ G“ put largely stear run and kinds'of value to sell 25 upward unevenly weak to er: {akins’ good and i run includes a Bouthwest-bred stocker s ]An rt undertone llav h L5 n"ifl.xi’?:‘ gy very siow nlen mediug un'svrm :a Sy ndertons. wen lower on snnnl Jambs 5t held. ar uonnfi 70. 1 on 0-9.5¢ '] XSM lh‘l:t n rllnll few ur ne 0- thine. don &' na beiter lhm about steady: June 7. lambs born a8 yoar- VISIBLE GRAIN SUPPLY. “T" i s e ol ,fiw....,,, e busheis; barley de- oats foad i 4 ahIll. NEW YORK IAB SILVER. NEW YORK, June 7 (#).~sBar silver steady and unchanged at ¢5. ol 184 BIG GAINS SHOWN BY CHAIN STORES Woolworth and S. S. Kresge Report Sales Up 8.58 and 9 Per Cent. Bs the Assoclated Press NEW YORK, June 7.—Increases in sales ranging from 7.4 per cent to 8.58 per cent for May and the first five months of the year were re- ported today by two of the Nation's leading chain stores—F. W. Wool- worth Co. and S. S. Kresge. In May, - "®s of F. W. Woolworth | increased to $24,561,967 from $22,- 621,800 in May last year, a gain of 8.58 per cent. For the five months of 1937 an increase of 8.16 per cent was reported, sales for this period totaling $109,642,898, against $101,- 369.821 in the first five months of 1936. A gain of 9 per cent in May wuv reported by 8. 8. Kresge with sales | totaling $13,000,561, compared with $11,925,061 in May 1936, Sales of $56,025,961 were ahown in the first filve months this year against $52,147,718 in the like 1936 period, an increase of 7.4 per cent. 'EARLY TRUGE SEEN IN STEEL TIE-UPS | Poor's Review Points Out Strong Influences for Quick Solution. Special Dispatch to The Star. NEW YORK, June 7.—8trong eco- nomic factors are present which in- | dieate that current labor difficulties encountered by Youngstown Bheet & Tube, Republic Steel and Inland Steel will be of short duration, according to 28 or more Poor’s stock reports. “With demand running at such a ihllh level that peak capacity oper- | atlons are necessary in most lines, | both employers and workers realize the loss which is incurred during any extended period of utdown,” con- | tinues the report. “In addition, com- | petition existing between steel com- | panies should prove a contributing factor toward an early settlement. | Then, too, United States Steel set a precedem in its early settlement of | threatening labor troubles, and this | must have a strong influence, at least | psychologically, in bringing an early | | solution to such disputes by the other teel companies. The last factor in ‘rnvor of early settlement is the na- tional labor relations act., which has the advantage of outlining certain rules and principles for a basis upon which employer-employe agreements | may be reached. “The chief objections of the steel! | employers appear to arise in connec- | | tion with the actual signing of any ‘contrlct with the C. I. O. In sup- | porting this stand, it is claimed that | & written contract is not necessary [to guarantee observance of a law which governs relations between the | parties, as does the Wagner act. Steel | companies are fearful of the ‘closed shop’ and the check-off system, which | they have reason to feel represent the ultimate goal of the C. I. O. group. At any rate, a certain amount of labor trouble and attending atrikes is | | & perfectly normal and healthy phase | of the average business recovery pe- riod. However, the very forces which | re likely to engender strikes during | A period of rising prosperity are often powerful factors in stimulating an | varly settlement of these disputes.” STORE SALES CLIMB. NEW YORK, June 7 (#).—Sales of | Interstate Department stores for May | totaled $2.119,932. against $2,050,840 in May last year, an increase of 3 4-10 | per cent, it was reported today. For | | the first four months of this year sales (amoutned to $7,658,720, against u - 928,057 in the same period of 1936, gain of 10! per cent. OIL PRODUCTION J‘EHPS. NEW YORK, June 7 U®.—C. H. | Wright, president of Sunray Oil Co., announced production during May was in excess of 9,000 barrels dlily | | compared with 3,853 barrels datly in | | May a year ago. You'll feel better, you'll be better natured when you keep cool with a Kelvinator Room Cooler. You'll work better, think better, with the window closed against atreet noise, dust and wind. And you'll look better when you escape the humid heat that wilts your shirts and steals your energy. See the special showing of Kelvinator Room Coolers at 1022 15th St. N.W. this week. Get Kelvinator's low installed prices, learn about the special comfort budget plan that lets you pay while you enjoy cool comfort. And Temember, the new air- cooled Kelvinator Unit uses only 8c worth of electricity on the hottest afternoon, Call, stop in or mail cou- pon. Act now and be pre- pared for hot weather. | carp, 3a4; eels, 9a10; haddock, 10a12; 75. Little Necks, 50260; “I say-you’d get more work done if you had a ROOM COOLER like the guy next door!” Division 10 D. C, MONDAY, JUNE 17, 1837 Ten Year Record of the Electrical FINANCIAL Machinery and Apparatus Industry VALUE OF NUMIEI OF MABER £ STABLISHMENTS [J 1925'27°29'31'33'35 Baltimore Markets 8oecial Dispatch to The Star BALTIMORE, Md., June 7.—Po- tatoes, old, 100-pound sack, 1.7582.15; new, barrel, 1.65a3.25; 100-pound sack, 1.25a1.75; sweet potatoes, bushel, 1.00a1.50; yams, bushel, 75a1.00; as- paragus, crate, 1.00a2.75; beans, bushel. 50a1.50; beets, crate, 75a1.00; | dozen buncher, 20a30; nearby, bunch, 4a5; cabbage, pointed type, hamper, 30a50; carrots, crate, 3.00a5.25; cauli- flower, crate, 1.00a1.50; celery, crate, 1.50a3.75; corn, crate, 2.00a2.50; cu- cumbers, bushel, 1.00a3.00; eggpiants, bushel, 125a1.50; lettuce, Western, Iceberg, crate, 2.50a4.50; nearby, Big Boston, bushel, 25a50; Iceberg, bushei, 35260, lima beans. bushel, 2.0002.75; mushrooms, 4-quart basket, 50a1.25; onions, 50-pound sack, 65al.25; peas, | bushel, 6022.00; nearby. bushel, 1.00a 1.75; peppers, bushel, 1.75a2.50; spinach, nearby, bushel, 40a1.00; squash, bushel, 50a1.75; tomatoes, lug, 1.00a2.15; apples, box, 2.50a2.65; blackberries, crate, 1.50a2.25; x‘lhll-( loupes, crate, 500a6.00; grapefruit, | box, 225a3.25; oranges, box, 2.80a | 475 strawberries, crate, 2.0025.00; | watermelons, each, 20a65. | Dairy Markets | Live poultry—Broilers, rocks, pound, | 22a24; mixed colors. 22a23; leghorns, | 15a19; fowl, rocks, 19: mixed colors, | 17a18; Leghorns, 14al6; roosters, 10a 12: ducks, 12al4. Eggs—Current receipts, dozen, 19a | 20; hennery whites, large, 21; medium, 20; receipts, 1.132 cases. Butter—Prints, pound, 34a35; | to fancy, creamery, 32':a33!3; pack- | ing stock, 18; rolls, 20; receipts, 741 | tubs. good | Sea Food Market. Catfish, pound, 3a5; dressed, 7a8; herring, 3a4; mackerel, 7a8; rock, 12; white perch, 3a5; yellow, 8al0; trout, 4a8; bluefish, 8a10; flounders, 10; croakers, 3a4; spots, 3ad4; hardhead, 3a4: butterfish, 6a7: roe shad, 17; split shad, 8; buck shad, 15a18; soft crabs, dozen, 40a55; hard crabs, dozen, 120a30; barrel, 3.00a4.00; crab meat, pound, 25a55, shrimp, 12al5: clams, large, 100, 90a1.25; Cherrystones, 65a frogs, each, 15a20. Tobacco Market. Quotations on old stock—Maryland | irm leaf, nondescript, 3a¢: common, 4a10; medium, 10a30; good to fine, red, 30a40; seoonds, common, 3a7; | medium, good to fine, 15a35. Live Stock Market. Cattle—750, including 150 holdovers. Steers, yearlings and meager supply heifers steady with Thursday; cows, steady to strong; bulls unchanged; steers and yearlings mostly medium and good grades, from 900 to 1,250 pounds, at 10.20012.00; load good to choice 770-pound steers and heifers mixed, 11.75; low medium and plain light-weight steers, 8.50a10.00; bulk low cutter and cutter cows, 4.50 "and medium KELVINATOR Rt | 64a74. KELVINATOR Division Nash-Kelvinator Corp. 1022 15th St. N.W. Dist. 2701 Opor’s Evenings Until 9 P.M, [) 1925'21°29 '31'33'38 WAGES L) 1925'27°29'31'33°'35 79 Gl good grade, 7.50 and above; plain and medium bulls, 6.00a7.25, and good grade butcher bulls to 9.00 or above. Calves—550, inciuding 50 holdovers; steady with best time Priday: good | grade vealers, 9.0029.50, mostly; plain | and medium, 6.50a8.50; culls down to 6.00 and occasionally below. Hogs—1,900, mostly steady with Fri- i day; pigs 10 cents higher: good and choice, 170 to 210 pounds, 11.75a11.90; | 220 to 250 pounds and 140 to 160‘ pounds, 11.25a11.50; 260 to 300 pounds, | 1075 1 11.25; 325 pounds up, 10.25a | 10.50; 120 to 140 pound pigs, 10.60a | | 10.85: good grade packing sows, 9.50a 10.00; stags from around 9.00 down- ward; hogs from doubtful areas not represented in above quotations. Sheep—1,650, including 50 hold- overs; Bpring lambs, 50 cents and more higher than last week's close: good and choice grades ewe and wether trucked-ins, 12.50a13.00; three-rail | decks, closely sorted, 13.25; bucks dis- coumted 1.00 under comparable grades ewe and wethers; plain and medium grades, 9.00a12.00; some culls below 9.00; few fat shorn slaughter ewes, | 3.00a4.00; old thin sheep down to 1.50. Effective June 7. lambs born in the Bpring of 1936 classified as yearlings. Grain Market. Opening prices were: Wheat, No 2 red Winter, garlicky. spot domestic, 1.38. Settling prices were: No. 2 red Winter. garlicky, apot domestic, 1.371; Corn, No. 2 yellow, domestic, 1.25: Western billing at a premium over this price; cob corn nominal. Oats, No. 2 white, domestic, 65a75: No. 3, 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. CADILLAC SALES SOAR. NEW YORK. May 7 (#) —Cadillac- La Balle retail sales for the first 20 days of May totaled 3,108, the best in the company's history, compared with 3,055 for the same period in April, according to D. E. Ahrens, sales | manager. #¥% A—19 LONDON GOLD PEG FIXED AT §34.12 New Prlce Up 9. 8 Cents in Effort to Curtail Flow to U. S. | Bs the Assoctated Press | LONDON, June 7—The price of | bar gold was pegbed at $3472 a fine ounce on the London market today in | an effort to stem the flow of the precious metal to the United States The new price was an advance of 9.8 cents to the ounce. At today's price for the pound sterling shippers of the yellow metal stood to profit about 5 cents an ounce, compared with around 14 cents Saturday. The narrowing of the margin be- tween the London price and the gov- ernment-fixed price of $35 an ounce in New York made shipment less profitable and tended to discourage selling on the London market London sales today were 262 bars, valued at about $3.636.000, as com- pared with 465 bars, valued at about $6,484.000, Saturday. Bullion dealers explained it costs | about 23 cents an ounce to ship gold ‘ to New York for sale at the $35 price, 80 shippers must buy at less than $34.77 an ounce in order to make a profit What part of the British equaliza- tion fund might have played in the | move today was not disclosed. The bullion brokers who fixed the price said it was the result of a “smaller supply and an increased demand.” | For two weeks an unprecedented { total of about $84,000,000 in gold has been sold on the London market, RIVINg rise to fears that the would be too great for the govern- ments of both Great Britain and the United States to readily handle LOANS ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No cha rge for appraisal if loan Is not made. Interest charged only on unpaid balance of principal. EQUITABLE CO-OPERATIVE B UILDING A SSOCIATION 915 F STREET N.W. Organi A good friend to you and your family THE experienced life insurance agent can help you stabil- Ize your family's financial future—protect your estate against “liquidation losses” while it is being settled—safeguard your business interests, when your desk is closed for the last time. He can be as helpful to you as your banker, your doctor, your lawyer. Like them, he is a professional man, and de- Make him Welcome serves an equal share of your confidence. We heartily endorse life insurance. We believe it is the legical first step in creating an estate, and the last invest- ment which the man with a family sheuld consent to part with, even under pressure. The mon with life insurance enjoys mere peace of mind while he lives and his family will be better cared for after his death. Maybe you should see your life ‘underwriter today and have him analyze your requirements. AMERICAN SECURITY AND TRUST COMPANY Largest Capiral and Surplus of any Washington Trust Company Main Office: YIFTEENTH STREET AND PENNSYLVANIA AVE. CENTRAL BRANCN 7th and Massachusetts Ave.,, N. W. NORTHEAST BRANCE Eight and H Meumaer FEDERAL DEPOSIT INSURANCE CORPORATION MEeMBER FEDERAL RESERVE SYSTEM Streets, N. E. 1140 Fifteent] SOUTRWEST BRANCH Seventh and E Streets, 5. W. NORTAWRS ized 1879 raven h Street, N. W.