Evening Star Newspaper, June 30, 1937, Page 19

FINANCIAL. BONDS REGISTER MODERATE GAINS Rails and Oils Advance. Few Spots Remain in Industrials, = Bond Averdge~ 20 10 Rails. In Indust. U1, Flgn +1 +4 —1 42 91.0102.6 *95.8 72.4 9091022 959 722 9341031 983 171.6 92.3102.9102.0 69.3 99.0104.41028 74.7 9091022 958 70.5 98.21044103.1 73.0 86.9101.8 99.3 67.6 1932 low. 458 400 64.6 422 1928 high___101.8 98.9 102.9 100.5 10 Low-Yield Bonds. Close ....110.7 Prev. day. 110.3 Month ago 110.7 Year ago. 111.9 1937 high_ 1137 1937 low__ 108.4 1936 high_ 1135 1936 lo 110.2 1928 high- 104.4 1932 Jo 86.8 *New 1937 low (Compiled by the Associated Press.) Net change_ Today. close Prev. day. .- Month ago. Year ago..- 1937 high 1937 low 1936 high. 1936 low. By the Associated Press. NEW YORK. June 30.—All sections of the bond market h the exception of a dragging foreign list, forced up- ward in a modest rally today United States Governments joined the procession with some loans gain- ing as much as 9-32ds. Hhe rail group and the oils swung up and only a few weak spots could b«‘ found in the ranks of the indus! Baltimore & Ohio 4! 1y 3 points and Great Northern 4s gained over 2 points. Southern Pacific 4!,s, Erie 5s, Illinols Central +4%s and Sa Pure Oil 4';s led the oil division with an upward spurt of nearly 4 points. Also higher were Studebaker 5s, Remington Rand 4';s. Consolidated Edison 3!4s and Goodyear 5s. Trad- ers favored convertible issues. Loans of Be Brazil, Japan Argentine and Ca a were lower. BANK HOLDERS PAY $3,750.000 AT CHICAGO |¢ By the Assoctated Press The Reconstruction Corp. reported &tockholders of the defunct Cen- tral Republic Bank & Trust Co. of Chicago had paid approximately $3.750,000 of their maximum $14.- 000,006 liab on their bank stock. The R. F. C. said 772 stockholders, mostly residents of Illinois, had paid their assessments in full under a court order, but the R. F. C. had re- » quested the receiver to accept install- ment paymenis from stockholders who need more time. +5 jumped near- um, DIVIDEND IS ORDERED. NEW YORK., June 30 () —Cham- pion Paper & Fibre Co. announced a dividend of 50 cents on the com- mon stock payable August 16 to holders of record July 31. In April 25 cents was paid. The company operates plants in Ohio, North Caro- lina and Texas. DIVIDENDS ANNOUNCED NEW YORK. June clared tics 30.—Dividends de- Prepared by the Standard Statis- Initial. Pe- Stock of Pay- _rlod. record. able Rate. Dom Found & Steel Gardner-Denver _Co Pan Am Airways Extra. 10¢ Special. JInvestors Pund C 5e Gardner-Denver Regular. Aliled Chem & Dye S1.50 An n Ci Gardner-Denver. Golden Cycle Corp Hartford Elec Hawaiian Investors Kan P& L 7 Do. 67 pf Phil El 5% of Quar Income Shrs » San Carlos Twin Coach Co United Gas Imp Sugar wikten " "o oo Do. 86 pf _ NEW YORK BANK STOCKS NEW YORK. June 30 (P —New York Becurity Dealers' ‘Association (Quotations as of 2 o'clock.) Bid Bk of Man (1':) 20t Bankers Tr (2) Bklvn Tr (4) Cen Har Bk & Tr (4) Guaraniy Tr (12) Irvine Tr (60) Manufacturers Tr (?) Manufacturers Tr pf (2) X Natl City (1) NY Trost (5) Public_(115) Title G & T FEDERAL LAND BANKS NEW YORK, 30 (®).—Federal Lang Bank bowds 13%, June Asked, 1027 10134 10234 Bid #814s Nov 21 4las May Mav Nov July! Mav July. Jan May. FREIGHT LOADINGS. NEW YORK June 30 (#.—Revenue frelent carlondines on_ railronds reporting for the week ended June 26 included: June 26 By, wk. Yr ato 2.R0R 32,45 i T 100% Ches. & Ohio Fere ‘Mara. it &TakeEr 8, L, & San Fr Wabash Western Pac. Burlington Norfolk &1 West. Penn. R. NEW YORK PRODUCE. NEW YORK. June 30 (P.—Eggs. 40.283: frm: mixed colors. storage packed firsts mediums. 20'2-21%,: dirties. No. Other mixed prices unch:nnrfl Eu".er 16.084: steady: creamery higher @han extra, 31%-32: extra (9% score). 31: firsts (8R-01 2712-301: seconds (R4-87 scores). “Centralized (90 513.980: firm: prices unchanged, try. by {reight. steady: broilers, s. fowls, Leghorns, SUKE: teciany orices tchansed By evpress. steady to firm. Broilers, Rocks, 1 Turkeys and ducks un’ quoted Other express prices unchanged Dressed pouliey sbout steady sh find frozen fou! 0: 4R-31 B0~ . Other dressed scores) 27 24-2613] 16-17. - brices unchansed y PHILADELHIA PRODUCE. PHILADELPHIA. June 30 P._Live p F mouth Rock R Pekins, Chickens. is- ducks, young. 14-15. Dreased wultr!—Fo'l sections, 22-2' b all Fe 4s were improved. | BONDS ON By private wire direct to The Star. Approximate Transactions Today. U S Gov't Ronds 290,000 Foreign Bonds ___" 1,190,000 Domestic Bonds_. 6,840.000 TR EAS U RY. All time shown da vi on which the Exchange l- now operatins. High. Low. Close. Z%l 1949-53 97.24 97.21 97.24 2% s 1945-47_.._ 102.18 102.10 102,18 100.15 100.12 100.15 99.26 99.21 99.26 99, 99.12 99.15 27%s 1355-6/ 100,12 10011 100,11 38 1946-48 103.30 103.27 103.27 38 1951-55 102.15 102.13 102.13 3145 1946-49 104.17 104.17 104.17 3145 1944-48 106.3 106.3 106.: 3% s 1946-56 5 109.15 10! 45 1944-54 111.8 1118 111 4%8-3%8 43~ 45" 1063 106.3 106.5 FEDERAL FARM MORTGAGE. 238 1942-47 10111 101.11 101 n 331947 _ . 3m1949 3% 81964 HOME OWNERS' LOAN. 23,8 1042-44 _ 99.30 99.30 99.30 100.10 100.4 100.10 381952 ____ 102. 101.28 102. FOREIGN BONDS. High Abitibl Pa&Pw 58’53 Akershus 5563 __ Antwerp 5s 58 Antioquia 7s 45 D Antioquia 75’45 A Argentine 4s°72 ___ Argentine 414s'T1_._ Arzentine 6s'57 A __ Argentine 6s ‘59 Oct Argentine 6s'60 May Argentine 6s ‘60 Sept Argentine 6s 61 Febr Australia 41856 __, Australia 5855 Australia 5857 Austrian 7s 57 _ Belgium 6s'65 . Relefum 6168 '49._ | Relgium Rerlin s '58 Berlin Elec 6s 55 Brazil 6158 '26-"57 2% 81951-54 2% 8 1956-5 Brazil 7852 Brazil §s 41 Brishane Brishane 5. Buenos A C 6s 60 Oct Buenos A C 618 '55 _ Buenos A C 3s ‘84 Beu A 4%4-43,8'77 Pv. Buenos A 4%s'76 Aug Buenos Afres 4%5-485'76 Apri) Buenos A41,8-4%,8'75 | Busnos A 6561 st Pv Bulgaria 735" Canada 24s '45 Canada 367 2 10614 112 1913 191 Canada §s* Chile fis'en | Chile 6561 Jan ._. Chile 6s ‘61 Febr.. Chile fs 61 Sept Chile 65 63 Chile 7s 42 Chile Mtg Bk 6561 Chile Mtg Bk 6155 '57 Colombia 6s 61 Jan _ Colombia 6s ‘61 Oct._ Col Mtg BK 75 46 Copenhagen 41: s 53 Copenhagen 5s ‘52 Cordoba 7s '37 stpd _ Costa Rica 78 '51 A Cuba 518 45 Czechoslovakia £s'51 Czechoslovakia 8s'52 Denmarx 4%s 62 Denmark 5%s ‘55 Denmark 6s 42 Estonia 7s'67 .. _.. French Gov 7s'49 French Gov 71,8 ‘41 French G 71,8'41un st Ger C Bk A 6s'60 July Ger C Bk A 65'60 Oct_ Ger C Bk A 7s ‘60 Ger Gen Elec 6s'48__ Ger Gov 5%48 658t Ger Gov 51;5'65 un st Ger Prv & City Bank con Ag 61,8'58 __ Ger Rep 7s'49 stpd _. Helsingfors 614 '60 Hungary 71%s 44 Italy 78761 _ Japan 5%8°65 Japan 6%s '54 Jugos Mts Bk 78 '57.. Kreug&Toll 58 '59 cfs Medelin 838 54 4 105% 98 117% 110 10915 37 37 523 328 28 26 2 109% 37 36% 52% 29% 34 105 61 85% Mexic: Milan 6328 - Minas Gers 6145’58 . New So Wales 58 '57 New So Wales 53’58 . Norway 4s 63 Norway 414s '65 Norway 41,856 _ Oriental Dev 5%s'68 OsloG & E 58’63 Panama 6%s'53 Pernambuco 78 47 Peru 6560 Peru 6s’61. Poland 78 47 ceacaaae Poland 88°60 _ Porto Alegre 718 "66. Prussia 6s 62 . . Queensland 6547 Rhine Rhur 6s '53 Rio de Jan 61gs 53_ Riode Jan 8s'46 _ Rio Gr do Sul 6s'68 Rio Gr do Sul 78’66 Rome 6168’52 Roumania 7s ‘59 - Sao Paulo C 6%s'57_. Sao Paulo St 6s '68 _ Sao Paulo St 78 40 Sao Paulo St 7s ‘56 _. Sao Paulo St 8s '50._. Serbs 7862 Stlesia Prov 7s ‘68 Sydney 6%s '55 ‘Tokio 6%48 61 Tokio E L Ltd 6s'53 Trondhiem 6148 '57 _ Tyrol Hy El 714855 Uruguay 6860 Uruguay 6s '64_. Uruguay 8s 46 Yokohoma 6s ‘61 .. DOMESTIC BONDS. Alleg Corp b8 44 Alleg Corp bs 50 stp Alleg & Westn 4s°98 Am & For Pw bs 2030 Am Icecv s 53 Am 1GChb5¥%s 49 . Am Intl 5%s 49 - AmT& T 3%s ‘61 AmT& T 3%s 66 AmT&T 4%s 39.. AmT&T6%s 43 Am T F 21435-58'38-"60 Am Wat Wks 6875 Anaconda deb ¢ Anglo-Chil Nit 7s '67 Armour(Del)1st ¢8'55 Armour (Del) ¢s°567 . Armstrong Ck 4 A T&S Fead) ¢s'95 st 104%4 A T&S Fe gen 110% A T&S Fe 4148 48 108% AT&SFeCA ¢%s'63 112% Atl Coast L 1st 4853 102% Atl Coast L clt 63. 9l AtICL un 4%8 ‘64 8TH Atlantic & D 1st4w’48 46 Atlantic & D 24 44 AtIG & W 18t 68°69_. 4 B& O 4%s8 60 48 95% 58 96% 8% 96 1067% 103% 9915 98% 10455 112 125 105 105% 33 97% 96 108% ref 552000 D _ ref 68 956 C O PLE&W Vax41 B & O Swn bs 50 Bang&Aroos 4s ‘51 Bell Tel of Pa 58’60 C Beth Steel 3% 8 66 Beth Steel 415 60 _ Bos& Me 4%,8°61J__ Bos & Me bs ‘65 Bos & Me 68 67 Bot Con M 63%5°84___ BotCon M 6%s 34 et Bklyn Ed con 3% ‘66 Bkiyn Man T ¢%s ‘66 Bklyn Un E168°60 .. 99 99 99 Bklyn Un Gas 6s *¢5_. 111% 111% 111% Bkiyn Un Gas 68'50.. 90% 90 90% ( / %| Chi Un Sta 3%, THE EV N. Y. STOCK High. 103'% 109% Low. Close. 103 108 109% 109% Bklyn UnG 68’67 B... Buf GE4%s'81B __ Buff R&P con 434 8'57 Bush Term con b Bush Ter Bldg 6860 Camag 78 42 ctfs Canada 80 68 ‘62 A _ 5 Can'dlan N §s'69 July Can'dian NR5s'69 Oct Can'dian NR 6870 Can'dian N db 6%s'46 Can'dian P db 4s perp Can'diar Pac 4%4 46 Can’dian Pac 4%s 60 CaroCl& O 6s'62 A Cent of Ga con 6s " Cent Il E & G 6861 Cent of N J gen 6887 Cent Pac st rf 4s'49. Cent Pac 6s 60 Ches & O 314896 D_. Ches & O 3% °96 BI_. C&Ogen 41892 _ 1 B&Q gen 48 58 Chi B&Q ¢ %8 77 Chi B&Q ref 68'71___ Chi B&Q1 div 34849 Chi B&QI div 4549 _ Chi & E 111 6861 Chi & E 111 65 '51 ctfs. Chi Grt West 4869 _. Chi I&L gen 5366 CM&StP4s'89 CM&StPEs'76 _ _ CM&StP&P adj582000 Chi & NW gen 33s'87 Chi & NW gen 4s'87 Chi&NW gen 4s'87 st Chi & NW 431582037 __ Chi & NW 4%8 49 _ Chi& NW rf 65 2037_. Chi R I&P rf 48 34 Chi R [&P gen 488 _ Chi R I&P 41;8'62 _ Chi RI&P 435 '52 ctf Chi R I&P 43860 _ Chi T H&S 18t 6560 _ Chi T H&S Inc 58 °60_ 1234 94 1037 102% 111% 105% 1071, 109y 104 1011 Chi Un Sta 4s 62 - Chi & W In con 48’52 Chi & W Ind 4% s '62_ Childs & Co 58 43 CinG & E3% %66 _ Cin UnT 3%s D gtd_. Cin Un Term 5867 - C&St L gen 48°93 CCC&St L rf 4% 8778 CCC&StLCW&M4s'91 Clev 11133565 Clev Pitts 4158'77_ Clev Short L 414s'61_ Clev Un Ter 434877 Clev Un Ter 5s'73 B Clev Un Ter 518724 ColoF& 1568 70 Colo & So 4365 ‘80 Columbia G & E 63 ‘52 May Columba G&E 5861 Colum Ry P&L 4s'65 Comecl Credit 33,851 Conn R Pw3%s 61 A Cons Coal Del b8 '60 10915 104 1014 1053% 107 41007y 91 95 10815 105% 107 1001 10519 97 103 65 10474 103% 1064 101 1011 1011y 1011, 1041 104% 103 1067, 100% 1011y 1003, 101 1041% 2 10014 1047 1031, 1064 101 101'¢ 101 101 1041 1001 105 Cons Ed N Y 3%8°56 Cons Gas NY 41s ‘51 Consol 01133 8°51 Consum P un 31865 Consum Pwr 31,8°70 Container deb 5543 Container 68°46 Crane Co 314851 Crown Will P 6s ‘51 Cuba Northn 514542 Cuba RE ref 7155 '36._ Dayton P&L 31:8 ‘60 Del & Hud fef 48 43 Den & R G con 48 '36 Den& RG W &8 Den & RGW 58'55: Den & R G ref 5s ‘78 Det Edison 372 '66 Det Edison 4s ‘65 F Det Edison 4138 61 D Det Edison 58 '52 Dugquesne Lt 314865 Elec Auto Lite 4852 Eriecons 4s'96______ 981, 981, Erie gen 4s'96 7615 761y Erfe ref 58 6 91 71 Erie ref 5875 R 707 Erie&Pitts 3155 '40 B 105 Fairbks Morse 4s ‘56 101% Fla EC Ry bs ‘T4 Calv H&H 51;8°38_ Gen Am Inv 5562 Gen Mot Acc 3845 Gen Mot Acc 3%s ‘51. Gen St Cast 5358 '49_ Goodrich 43455 Goodrich 6s ‘45 Goodyear T&R 6857 Goth Silk H 58 '46 ww Grt Nr Ry 3%s'67 Great NRy 45 46 G _ GrtNRyds'46 H . Grt NRrf4%s'61 A Grt NR gen 41875 D Grt N Rgn 4%s 11 E Grt NR5%s 52B _ Gult M & N 68 50 Gulf Sta Stl 418 ‘61 Hock Val 414599 .. Houston O11 5 %8 '40 Hudson Coal 6s ‘62 Hudson Co G 1st 5549 Hud & Man inc 6s ‘57 Hud & Man ref 58 ‘67 111 Bell Tel 31,570 _ 111 Cent col tr 4553 111 Cent ref 48’55 _ 111 Cent 4%s 66 ICC&St L'N O 4% 863 ICC&St LN O 68'63__ Inland Stl 3%s 61 Int RT 1st rf 58°66 IntR T 68’32 IntRT 78'32. IntR T 78’32 ct. % Interlake Iron 4s'47_ Int Grt Nr 58 ‘56 B._ Int Grt Nr6s'52 A __ Int Grt Nradj 6862 A Int Hydro Elec 6344 Int Mer Marine 6541 Int Pap 18t 6847 A __ Int Pap ref 6855 Int Ry of C A 55'72 Int T&T cv 4%s 39 Int T&T 43853 Int T&T 58 '65 Towa C 1st&re 48 '61_. James F & C48°39._. Kanaw & M 4s ‘90 Kan CFS&M rf4s'36ct Kans C So 18t 35 '50 Kans City So ref 58'50 Kans C Ter 18t 4560 Kresge Found 48 ‘45 Laclede Gas 6839 Laclede G 6%48'63C.. Laclece G 6%s°60 D_ L E & West'n 3s'47 Lautaro Nit 19758 Leh C&N 418’64 A Leh Val Coal s '74 Leh Val Har 68 54 . _ Leh V NY 43,840 gtd Leh V P con 45 2003 Leh V P con 4%s 2003 Leh V RR con 55 2003 Ligg & Myers 65 '561 Ligg & Myers 7844 __ Loew's 3% 846 Long Isl ref 4549 Long Isl rf 45°49 stp. Lorillard 6s°61. -1 Lorillard 7s "44_ - La & Ark 55 69 . L & Nash 33%s2003__. L&Nunif 4s'40 ... L&N4%s52003Can.. L&N582003B MeCrory Str: Me C RR clt ¢ Manati Sug 7%s ¢ Manhat Ry 48'90 _ Manhat Ry 4s°00 ctfs Mead Co 68’46 . 1 Met Ed 1st rf 434868 MIdRRNJ68'40__... Mil E]l R&L 6s°'61 .. Mil E] R&S L rf 58°71 Minn & St L 68’34ctfs MStP&SSM cn 4s 38 MStP&SSM b8 '38 gtd Mo I11 5s 59 S MoK & T 1st 48 '90 MoK & T adj 68 '67._ Mo Pac 4s°76 ——— Mo Pacbs'65A ___.. Mo Pac 6877 F Mo Pac b8 77 F etf: Mo Pac 6878 G Mo Pac 6880 H Mo Pacific 65 811 Mo Pac 5s'81 1 ctfs__ Mo Pac5%s 49 A Mob & Ohio 414877 Mohawk & M 4891 Monong Pub S 4% Monong Pub 8 és Mont Pwr 3% 66 __ Mont Tram bs ‘41 __ Morris & Es 3% s 3000 Morris&Essex 4%8'66 Morris&Essex 68 '66_. 14% 19' 103 10814 115 107 104% 109% 109% 12014 21% 631 10514 T4% 8214 68 69% 744 103% 59% 20 64 102% 9315 57l 107% 103% 4 102% EXCHANGE High, L 116 102 104% ow'. Close. !16 115 101 . 1029 Mutual Fuel G 5847 Natl Dairy 3% s'51ww Natl Dis P C 438 "45_ 104%-104% Nat Ry Mex 414867 January coupon on_ o Natl Steel 4s 65 _ 104% 108 New E T&T 415’61 118% 118% New E T&T 1st 68 ‘52 125% 126 New Jer P&L 43%s ‘60 105% 105% New OrIGNR b5 ‘83 A New Orl P8 58 55 B New Or Ter 1st 4863 New Orl T&M 6s ‘64 B New Ori T&M 6% a'54 N Y Central 3%s NY Central 3897 _ NY Central 3%s°46_ NY Centcon 4s'98 _ NY Cent rf 41482013 NYCrf4%82013n_. NY Cent rf 68 2013 NYCLSh3%s s NYC&SCL Iat 48°37_. NY Chi & St L 4s '46_. NYC&St L 414878 __ NY Chi & St L 6538 NY Edison 3%s 65 D. NY Elsref 3% s '66_. NYL& W 1st4s'73__ NY NH & H3%8'56 NY NH& H cl tr 65'40 NY NH& Hev 68°48_ NY O&W ref 48 92 NYQueens con3145'65 NY Steam 58 '56 NY Steam 1st 6847 NY Tel gen 4148 '39_. NY Tr Rk 6546 stp__ NY W&B 4%8°46 _ Niag Falls P 31866 Niag L & O 68’55 Niag Sh 5% ‘50 Norf So 1st ref 5 Norf & W 1st 4 North Am Co b North Am Ed 6867 A North Am Ed 5569 C North Am Ed 6%8s 63 1034 8114 99 100% 997 4 100% 26 115 1021 2103 1011 101 103 T2l T34 10415 1027 Nor'n Pac gen 38 2047 97 T Nor'n Pac 652047 __ 111% Ohio Edison 33s'72. 9815 Ohio I2dison 48 65 _ 1041y Ohio Pub Sve 7s* 111k Ont Trans 1st 55’4 110% Oreg Sh L 5346 gtd_. 120 Oreg W RR 4s 61 106 Otis Steel 4143 62 __. 9015 Pac Gas & E131%8°66. 981, PacG & E3%s 61___ 102 PacG & E 48 64 1064, Pac T&T rf 3%s'66 B 1004 Pac T&T 3%8'66C _ 100!y Panhand EPL 48 '52_. 98 Param't Pic 3% 8'47 . 88y Paramount Pic 6855 1004 Penn Co 45 '63 = Penn Dixie C 65 '41_ Penn P& L 45881 Penn RR3%s w1 Penn RR33%8°70 C__. Penn RR 4%8'81 D _ Penn RR 4%s §4 Penn RR con 435’60 Penn RR gn 4143°65 Penn RR deb 4148 '7 Penn R gen 63 '68 People GL&C rf 55'47 Pere Marq 1st 48 56 Pere Marq 4%s'80 __ Pere Marq 1s 56 Phelps D21.8'52 w1 Phila B&W 4543 _ Phila B&W 4%s'77 Phila Co 58 67 Phila C 316867 Phila & R C&1 5873 Phila & R C&1 65 '49_. Philipnine Ry 4s°37 PCC&St L 41842 B Pitts&W Va 436560 C 110% 110% 9815 F 981 104% 10415 111 111% 110% 1108 119 119 106 106 90'5 90% 981 9814 10115 102% 106ta 1064 100% 100% 100 100t 98 98 88 88 990, 99% 1021 1024 9 997¢ « 1007% L 1054 991, 5 106% 106 119 110% 100% 4 116% 25 1124 911y 91 100 « 111 1107 112 94 103 23 104 2414 1108 1008 1168 Postal Tel & C Pressed st] Car § Pure Oil 43,8 50 ww Pure Oil 41,850 drw Reading Jer C 45’51 Reading R 414397 B Reading R 416897 A Rem-Rand 43 s'56ww Republic Stl 41 f10 Republic St 4148 Republic St1 414-'51 Republic Stl h14s *54_ Revere Cop 41856 _ Rich Term Ry 5862 . RG W 1stex in 48 '39 Rio G W col 45'49 A _. Rutland RR 4%8'41_ Saguenay Pw 418’66 St L-S F 4850 A ctfs StL-S Fran 4145 78 StLS W gn rf 58 '90 St L S W 1st ter 5s°52 St P Un Deprf 5s°72. San A & A Pass 45°43 San An P Sve 6s'52 A San Diego CG&F4%'65 abd A L 4s '50 stp eabd A L ref 4559 Seabd A Lirf 48'59 cfs Seand A L 6545 A Seabd A L fs 45 ctfs Seabd A-F16s'35 A ct Sharon Stl cv 4158 '51 Shell Un deb 3158 '51. Skelly Of1 48'51 Socony Vav 31,8'50__ So Colo Pwr 65 47 A_. SoPac3%s 46 - So Pac col 4849 So Pacref 48’55 .. So Pac 4%s'68 SoPac 4%s 69 . So Pac 4%s ‘81 . So Pac Oreg 4%48'77_ So Pac S F Ter 48’50 SoPacSF T 4s'i0rg So Ry gen 48’56 A So Ry bs'94 So Ry gen 6s 56 So Ry 6%8s'66 _____. So Ry M & O 4s'38 So Ry St L. div 4s°61._ S W Bell Tel 3%s"64. Southw’'n G&E 4860 Spokare Int s '55 Staley AE4s 46 ___ Stand Ofl NJ 8s'61 _ Studebaker cv 63 '45_ Swift & Co33%s'50 _. Syme G&G 5%8s ww Term AsSt L 48'53 _ Term A St L 4158°39_ Texarkana 5%s 50 Texas Corp 3%s ‘61 _ Texas & Pac 55’79 C Texas & Pac 5580 D. Third Av ref 45°60__. Third Av 18t 58°37_ _ Third A ad In ex 58°66 Tide Wat Oil 3348’52 Tol & Ohio C3%s '60. UnElIL& P 5s°37 Un Oil of Cal 3%8'52 Un Ofl of Cal 68°42 A Union Pac 3%s 71 Union Pac 1st 4347 _ Un Pac 1st rf 45 2008 United Biscuit 58 60 United Drug 68°53 .. U S Rubber 5s 47 _ Utah L& T 68 44 A, Utah P& L 6s 44 Utll P& L 58 59 ww._. UtHIP&Lb6%s 47 __ Ver Sug 1st 78°42 ctfs Va E& P 1strf 4s'55 Va Ry 1st 3% 66 A_. Wabash 1st 5s '39. Wabash 648 75 Walker H&S J’AI'GI. Walworth 48 °65 - Walworth 55 new. Warner Bros cv 6s ‘39 Warner-Quin 6s°39._. Warren Brcv 68 '¢1__ ‘Wash Term 4s’45 West Penn P 3%s ‘66 W Pa Pw 1st 65 '63 E_ W 8h 1st 48 2061 gtd West'n Md 18t 48 '52 Westn NY&P en 48'43 Westn Pac 58 46 A West'n Pac 65'46 A as West'n Un 4% 5’60 Westn Un cl tr 68 '38. Westn Un 5851 _ 89% 90% West'n Un 6s 60 __ 89 89% Wheel Steel 414863 . 99 99 99 Wilson & Co ¢s 65 101 100% 101 Wis Cent 1st gn 4s°49 23 28 23 Y'ngstn S&T 4s'61__. 100% 100% 100% 108% 106 1044, 104 1001a 108% 106 1041 103% 100% 103% 87 29% 104% 19 119 89% 89% 102% 102% 108 108 28% 28% 29 29 90 90% 100% 100% 0DD-LOT DEALINGS. ‘The Securities Commission reported today these odd-lot transactions by dealers and specialists on the New York Stock Exchange for June 28: 6,507 sales to customers involving 158,188 shares; 4,479 purchases, involving 188,102 shares. DIVIDEND SHARES PLANS NEW ISSUE 25-Cent Par Capital Stock to Bring $19,800,000. S. E. C. Notified. Bl the Associated Press. Dividend Shares, Inc., Jersey City, N. J., investment trust, notified the Securities Commission yesterday that it intends to sell 10,000,000 shares of 25 cexds par capital stock for $19,- 800,000. Other registration statements filed included” Trenton Valley Distillers’ Corp. Detroit, $1,250,000 of $1 par class A common sr,oc‘kand warrants for work- ing capital. Mo underwriter named. General Acoeptance Corp., Bethle- hem, Pa, automnobile financing com- pany, $417,500 of preferred and com- mon stock for waking capital. Un- derwriters, Warremr 'W. York & Co. and Masland Fernon & .Anderson. The Mengel Co., Laxiisville, Ky., lum- ber manufacturer, $1,330,200 of com- mon and preferred stoack for working capital. No underwriter. named. Detroit Steel Products Co., Detroit, $447,295 of no-par stock for debt re- tirement, equipment and working cap- ital. No underwriter named. Axelson Manufacturing Ce., Vernon, Calif., manufacturer of oil well pumps, $854,720 of $4 par capital stoak, under reorganization plan. Underwriter to be named later. Black Gold Petroleum Co., :Okla- homa City, $3,000,000 of preferred® and common stock for debt retirement, de- velopment and working capital. Un- derwriter, W. Earle Phinney & Co. Washington Produce B 02 score. 1-pound prints. Ye-pound prints, 36; tub. 34; 90 score pound prints. 34 ls-pound prints. tub. 33 market strong MEATS— Choice beef veal 15: Spring lamb, !rfsh pork. 6, frozen pork pork ms_ 4. smoked hlmi 268, Klnh bacon, 2K, com- light hogs 100103 120-250 sows. Ra calves 2 s paid shippers b Wash- BY the United States Bureat of tural Economic ket firm. U Wnchamges but other grades g Lots of “heated” eggs 1 auoted prices Current receipts. 1111 henn 3 (xaveu: extras . mediums. tandards large 241, *LivE POULTRY—M«MM about steady at unchanged owl Colored, heavy. 16 to P ) horns o8 Toosters, Chickens cumm ginia, 21 Le fess“than % poungs 1’ hens. 16 to 17: old toms. 13 to 14 Fruits and Veretables. Sales in large lots by original P to X am. today PLES -Delaware. Maryland and New oushel basket S. Ny 10 20" to 21 %ho receivers to size Maryiand ind ‘West Vireinis, baskets and crat ASPARAGUS—Truck receipts light: sup- plies light; demand light; market steady. New Jersey pyramid crates. dozen bunches extra “colossal, 1.7 . extra 150-175: fancy 1.50: Delaware. mid_crates. dozen bunches. 1.50-2.25 to size CANTALOUPES—Four _ California a rived: seven broken and six unbroken cars on track. Supplies moderate: demand market steady. bos, 3.00-3.25. 3As. 350~ 00-4 50: standards. 45, “Bouin Caroling, saimon’ mests: Standards all 1.50-2.00. bushels packed locally EYDEWS—Three California ar- rived: two broken and four unbroken cars on track Supplies light. demand light market slightly weaker, , C nia. jumbo crates. 8s 3.05- standard crates HON California. salmon £l me’ California arrived: one broken car on track. Supplies light: demand light: market steady. California Jumhos ks and 455 4 00-4 5 RBLERY. Mo carlst arrlvals. one hroken car on track_ Subplies licht: demand light: marker weak. New York crates - in’ dividually washed. 3-8 dozen. 4.00-4 50 LETTUCE—No carlot arrivals: nine hro- ken and two unbroken cars on track. Sup- plies moderate. demand light: market about fieady ~ California_ Western crates_Ic type 5-doze 25-450: few 4.75 reciition. S T4 00: New Sork. B crates Biz Boston tvpe. 2-dozen. 0- ONTONS-—No carlot arrivals: no track. _ Supplies moderate. demand slow: market_weak: 50-lb. sacks vellows U 8. No. 1. New Jersey 1.10-1.15; South Caro- lina_fair quality. 75. ES —No carlot arrivals: mo cars on track. Truck receipts moderate. plies “moderate: demand _light steady " North and South Carolin baskets. Earlv Rose. 1 minimum,” 75-1.2 2.25-% 50 PEAS—No_carlot arrivals: one_broken and one unbroken cars on track. Supplies moderate: demand light: market weak. Callfornia. bushel hampers. Telephones. 1.75- 13-nch Lminimm, Potato Market Weak POTATOES—No carlot arriy on track _ Supplies liberal: demand slo: market _weak. North Carolina_ Cobblers. U 8 No. 1. stave barrels. 1.75: Eastern Shore Va. Cobblers. U. S. No. 1. 100-Ib. sacks. 110 TOMATOES—No _carlot arrivals: _two broken ‘and ‘one unbroken cars on_track. Supplies_ Iiberal: demand slow: market weak. Georgla and Mississippi. lug boxes green. ripes and_turning_ wrapped. 6xf and larger. 1.25-1.75: poor condition, WATERMELONS —No _carlot arrivals: two broken and four unbroken cars on track. Supplies moderate: demand light; market steady. Tom Watsons. Morida 34-1b. average R0:. Georgia. 32-Ib age. 65-75 each LIMA ' BEANS—Truck supplies _light: demand steady. Bushel hampers: 2.75; Nogth Carolina. 2 poorer. ESHN-No cariot arrivals: one_broken car on track. Truck recei liberal: sup- Dhies liberal: demand lizht: market steady. North Carolina, = standard _crates. 1.50:_sacks 5-dozen. 1.00-1.7 PEPP| No'cariot arrivals: one bro- ken car on track Supplies moderate: de- mand slow: market dull. _Virginia, bushel hampers, wreen. 1.00-1 Florida. 1%a- bushel crates green. -2.00. ESGRLANT—Suppites iight: demand light ket s . Floride, 174-bushel crates. ¥ ;' demand 1 m-rkn ofteady. " Florida. ~bushel hampers, 2.00. BPACKBERRIES —Supplies moderate: demand light: market steady. 32-quart New Jersey. 3.00-4.00: Do) 1.50-2.00. Delaware. 2.25-2 . aver- light: market 8. 250~ few 3.00: receipts light id light gaps. 24-quart crates. 2.50-3.25 per crate. Redoaps, —S‘:xvnru iight: demand lights markel scady. Pennssivanie. Dushel b kets. 50-65. ORANGES—One California arrived: one gar, diverted: four broken and five un- broken cars on t California. boxes, 4.00-5.50 82T Trads and s1se. LEMONB—Californi; No. 1, 7.00-7.50: No. 2, 6.00: TMES ] boxes, -00,6.50. as to siz L Florida. = 4. boxes 0; ‘Duchel baskers. 3.00-4.00. ABBAGE —"-’ lPeennu“;,lv.nln 1% -bushel ers, Toun: """Em— ennssivanis. 25 per doren bunches. e BROCCOLI_Pennsylvans, crates. 175, CARROTSNo carlot srrival broken cars on track Cellfornia leuuu crate Penmylunll. Sg!ASH—Nelrby sections. bushel bas- kel nng B‘EA{' Plenmylglnu bushel baskets. round type R B vals: lonb A broken car on Track. Caitloraia. " crates, 8—Delaware, bushel bas- k"csu?l{’lfla 'South Carolina. bushel baskets, 75-1.0 RHUBARB—Pennsylvanis. 2-2% per 10-15 bunch. HUCKLEBERRIES — Virginis. BLUEBERRIES_North Carolins, culti- per_quart vated CURRANTS——HBrylmd and Virginis 32-quart crates. 4. Sunh 00). 'AVOCADO! boxes, 2.00: Cuba., ventilated. crates. 4.00 PLES_No cariot arrivals; one broken ne car arrived: one broken ang. One unproken_ cars on tra CITRUS—! No cariot arrivals; one unbroken car on track OIS Ro eariot arrivals; one broken car on track. Denver & Rio Grande Western Rail- road deficit, five months ended May 31, was $2,912,230, against deficit of $2,179,592. NING STAR, \VASHINGTON D. C, WEDNESDAY, JUNE 30, 1937. ELECTRIC POWER OUTPUT GLIMBS Small Week’s Gain Lifts Total 11.6 Per Cent Above Year Ago. By the Assoclated Press. NEW YORK, June 30.—Production of electricity in the United States for the week ended June 26 was 2,238,- 332,000 kilowatt hours, an increase of 1.1 per cent over the previous week's figure of 2,213,783,000 kilowatt hours and a gain of 11.6 per cent over output of 2,005,243,000 kilowatt hours in the same period a year ago, the Edison Electric Institute report- ed today. The increase, which was a more than seasonally expected one, carried the Associated Press index of power production, with 1929-30 taken as 100, to 120.8 from 119.8 in the week before. A year ago the index, which is adjusted for seasonal and long- term trend, stood at 111.2. The range for recent years follows: 1937. 1936. 1935. 1934. 1933, High _.. 121.5 1198 1055 974 91.9 Low - 116.3 102.0 94.1 919 80.2 The following percentage increases according to major geographic regions were reported by the institute: New Engiand, 10.4; Middle Atlantic, 11.3; Central Industrial, 12.7; West Central, 7.1, Southern States, 13.1; Rocky Mountain, 10.0, and Pacific Coast, 6.9. CHICAGO LIVE STOCK. CHICAGO. June 30 (%) (U. 8. Dept. Agr ) Hogs. 11000 including 3.500 direct. mar- ket generally 1 higher than Tuesday's hulk good and choice 190 1b.. 11.35 ng_sows. .4 and better 0: another very active market on fed steers and vearlings; 17 higher: all interests in trade, order yuying especially active on kinds seiling at 3.00 upward: local interests lary taking all yearlings and ghest since early in May; 50-75: numerous loads. 11 all arass cattle. however. dull and especially grass cows turning at down. and grass heifers at & (0 down. bofig & peddling weak market: b steady (0 15 lower: vealers 25 lower a few selects making 10 00 stock, feeders” less active. but killing quality 10.000 including 6000 direct lambe and vearlings opening 5 and exireme top nat n 1150 to umall kiliers ear to0 pack- ers. 11 00: few choice fed yearlings, 9.00 slaughter ewes. 5.00-4 5 MONEY MARKET. NEW YORK. June 30 (.—Call steady. 1 per dent all m mercial paper. i per steady. 60-00 day 1% bankers' acceptamwes uncha dis- count rate: New Bork Reserve Bank. 112 per cent money Morey for Con:;nttion Loans a Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER 643 Indiana Ave. NW. Nat’l 0350 TEN YEARS AT 4157 On City Central Business Property We invite applications for new construction or refinancing Well Located WASHINGTON REAL ESTATE SHANNON & LUCHS Mortgage Loan Correspondents MASSACHUSETTS MUTUAL LIFE INSURANCE CO. 1505 H St. N.W. Natl. 2345 First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 2 WAYS TO SAVE MONEY on your Mortgage Loan I Avail yourself of our Mortgage Loan Plans, at 59, interest. This unusually low rate means a substan- tial saving from the start. 2 By borrowing on a long- term basis (up to 20 years), you eliminate the bother, uncertainty and ex- pense of renewals or re- financing—a decided saving. Principal repayments may be made monthly, like rent, or in whatever way you find most convenient. Get the facts now. WEAVER BROS in¢ REALTORS Mortrags Lean Correspondent Maropsiisan Lifs Insurance Company WASHINGTON BUILDING DISTRICT 9486 FINANCIAL. Per Cent Gain Over 1936 Scored By Construction By the Assoctated Press. NEW YORK, June 30.—A gain of 15 per cent over last year in engi- neering construction awards for the first half of 1937 was reported today by the Engineering News Record. Private awards were 24 per cent high- er, while public awards were 23 per cent lower tnan the corresponding six months last year. Cumulative totals for the first half of this year were $1,245428,000, com- pared with $1,121,375,000 in the first half of 1936. Private awards during this period totaled $640,258,000, compared with $298,630,000 last year, while public awards amounted to $605,170,000, against $822, 745,000 in the first half of 1936. June total awards totaled $274,- e e FIRST TRUST LOANS Reasonable Rates and Commissions Tyler & Rutherford, Inc. 1812 L !llul N.W National 04758 n_Correspondent Mutas) Bemet; Life Insurance Ce. Investments First mortgage notes, 6% servatively appraised, new buildi 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 CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 *¥%% A—19 399,000, highest dollar volume for any June since 1930, and a 17 per cent gain over last month and a 49 per cent increase over June, 1936, —_— QFFICE FURNITURE WE SELL, BUY OR EXCHANGE Desks Steel Files Tables Steel Cabinets Chairs Safes BAUM’S FURNITURE HOUSE Phone NA. 2184 at your reau NATIONAL 'CAPITAL PIESS 3RD AND N ME LINGOLN 6060 You Need Our Help on INSURANCE It is so easy for one who is not trained to make mistakes in insurance that would represent quite a tidy sum of money. You can avoid this possibility by having us prepare a complete plan or a single policy. May we serve you? J. Blaise de Sibour and Company INSURANCE BROKERS 1700 Eye St. NW. Met. 3996 FIRST TRUST LOANS LONG TERM 5% Pc.sw:—x renewal. espondent. ual Life Ins. Co. 1417 K St. N.W. NA. 9300 TO PURCHASE, BUILD OR REFINANCE . Interest as Low as Easy Monthly Payments as low as $7.50 per $1,000. ons or renewals. Taxes may be paid monthly. Investigate our economical loan plan. COLUMBIA BUILDING ASSOGIATIUII T16 11th Street Opposite Palais Royal ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. E QUITABLE CO-OPERATIVE B UILDING ASSOCIATION 915 F STREET N.W. Organized 1879 REAL ESTATE LOANS on Improved Property Monthly Payment Loans or Straight Three Year Loans 5% INTEREST Consult Real Estate Department AMERICAN SECURITY AND TRUST COMPANY Main Office: FIFTEENTH ST. & PENNSYLVANIA AVE. Branch Offices 7th and Mass. Ave., N. W. Eighth and H Sts., N. E. Seventh and E St., S. W. 1140 Fifteenth St., N. W, Member Federal Deposit Insurance Corporation Member Federal Reserve System I