Evening Star Newspaper, July 10, 1937, Page 11

T THE EVENING STAR, WASH]NGTON, T C, SATURDAY, JULY 10, 1937. FINANCIAL. % -INSTITUTE GIVEN | MANHELDTOTRIAL BONDS ON N. Y. STOCK EXCHANGE \(ORPORATE BONDS |, cHicAco eeain PEACE FORMULA IN' TRAFFIC DEATH TURN DOWNWARD All time shown below s Den& R G con 4s'36. 27% 27% 2T% CHICAGO, July 10.—Wheat prices Speaker Says Opinion Must|Coroner’s Jury Orders Him Trading Slow, With Swings A y bushel tods h Approximate Transactions Today. Demand That War Be to Answer Under Negli- Narrow—U. S. Group Averted. gent Homicide Act. Quiet and Steady. Det Riv Tun 434861 114% 114% 1141 indicating Winter wheat production USGov't Bonds_.., 80,000 Duquesne Lt 3%s *65. 105% 105% 105% prospects in general improved the past Foreign Bonds_..., 410,000 By the Associatea Press. “ A coroner's jury yesterday ordered CHARLOTTESVILLE, Va, July 10. | Tannar F. Slaughter, 29, colored, Washington Produce High, Low, Close. ."103 103 108 - 103% 103% 103% ‘Texas & Pac 63'80 D_ 1037 103% 103% Third Av ref ¢s°60__._ ‘Third Av 1st 58'37_ 86 Third Aadinex 68’66 17'5 Union Pac3%s'70 __ 97 Union Pac 1st 4847 _. 113% Un Pac 1st rf 4s 2008 United Drug 6s'53 ... U 8 Rubber 6s '47 Utah L& T b8 44 A Utah P& L 68 "44 Utl P& L 5369 ww.. UtIP& L5%s '47__ Vanadium cv 6s ‘41 Ver Sug 1st 78’42 ctfs BUTTER—02 1-pound prints. 36; Ya-pound prints, 37; tub._35: B0 score. 35: " Yu-pound prints, L strong Cholce beef, % Sering lamb_ calves, 153 Fall lamb, frozen pork’ 5. 24 smoked ;,flab bacon, + fresh d’ bacon. 13%2; lard, 1413 Pigs, 10%a] | g 11%a12 s0ws. 9'2a10] . 7891 Prices paid shippers net fobh Wash- ‘ngton. by the United States Bureau of Asricultura)l Economics EGGS—Market full. steady changed prices. Current receipts | hennery whites' 29 stazs, u 101%¢ 5 102 102 at 20, 103. 102.30 103. DI Avtodiieds Bi. 110 month. Enlarged buying developed on DIms e eds Bale cor o £ the break, however, and the market TREASURY. Eiarer ey ;g% rallied, erasing about half of its loss Hish. Low. Close. 24,8 194547 —The fact that nations refuse to dis- arm completely proves that they con- template wars in the future, Frank Erieref 5875 - before the close. Fairbks Morse s '56. 10: 102.21 102.21 ‘ 5 Jii Some of the late buying was asso- 23,8 1945-61___ 100.26 100.26 100.26 28 81951-54____ Wickhem of Sioux Falls, S. Dak., president of the Young Democratic Fla EC Ry 6874 . Fla ECRy ciated with a statement of a leading 2%81956-59 999 903 034 crop authority that the Government 2%8 1955-60 Clubs of America, told the Institute of Public Affairs today. Francisco Sug 6556 . - Gen Am Inv 6852 __ report apparently did not make enough 3703 1965.80 res. 10019 10015 10010 | Gon Mot Ace 3a-45 allowance for damage from rust in 331951-55 " 103 30 103, some Northern and Eastern aeras of J. Kenneth Bradley of Connecticut, chairman of the Young Republican Division of the Republican National Gen Mot Acc 3%s "51. Comhhittee, said that the final achieve- ment of peace will be the result of long years of education and constant struggle by thoughtful men and | women to bring a proper understand- ing of the great problem and its so- | lution. Wickhem said there would be other Charlottesville, Va., held for Police Court trial under the negligent homi- cide act in connection with the traf- fic death Thursday of Arthur J. Dunning, 27, of 308 Thirteenth street southeast. Dunning, an employe of the City Post Office, died an hour after be- ing struck at North “Capitol street and Massachusetts avenue by a car driven by Slaughter. An inquest into the death of Ber- nard Eaton, 23, Clinton, Md., was delayed pending recovery of Evelyn Green, 22, of 1225 Thirteenth street, who was riding with Eaton on a mo- torcycle struck by a hit-and-run mo- torist at Fifth street and Pennsyl- wars “for the simple reason that all | the nations of the world are not yet | at the stage where they sincerely de- | sire peace more than war. There will | be wars because the nations of the world are not yet willing to pay the | priee-of peace. Can’t Force Peace. “Peace can never be forced upon the world.” he continued. “Interna- tional law, peace pacts, neutrality leg- islatfon are all good as far as they g0, but they will never prevent war unless the public opinion of a nation demands that war be averted and | peace be maintained.” The speaker said there are a num- | ber of nations in the world “perma- nently committed to the philosophy of peace. In those countries public opinion, the people themselves, are definitely in favor of peace. Those | nations at the same time are well able to defend themselves against ag- gression. “World peace,” he said, “will come by the widening of this circle of na- tions: strong enough to defend them- | selves, but in each, public opmmn} crystalized in favor of peace.” | Bradley declared that sincerity in international relations today means that the people “must be fully in- formed and correctly informed by their own governments concerning all | those things affecting foreign affairs. | Formula For Neutrality. “We have still a long way to go, even in the United States,” he con- tinued, “before we can say that the people gnjoy the confidence of their own government in its relations with other governments.” The speaker said “if we are really gincere in our opposition to war, we | Emergency Hospital with a concussion | | $105,000,000 Appropriation De- vania avenue southeast Thursday night. Eaton. Washington's fifty-seventh victim of the year, died in Gallinger Hospital yesterday of head injuries, Suffering a broken leg, Miss Green was reported in-improved condition in Casualty Hospital today. Noah Lee Weekley, 27, of 1510 Trinidad avenue northeast, arrested on charges of leaving after colliding as the alleged driver of the car, was released under $1.000 bond pending action of the coroner. Vivian Porter, 7, colored, 2423 Snows court, was injured critically when struck at Rock Creek and Potomac Parkway and New Hampshire avenue last night by an automobile which, park police said, was driven by Melvin Burroughs, 19, of 5104 Conduit road. Burroughs took the child to Em- ergency Hospital, where she was re- ported in “poor” condition today. She may have a skull fracture. Burroughs was held at the third precinct pending outcome of her injuries. | Meanwhile, Miss Katherine Schaumlbeffel, 2400 Sixteenth street, | remained in serious condition in | and multiple bruises suffered when | struck by an automobile operated by | Samuel L. Jenkins, 30, Arlington, Va., at Fourteenth and E street Thursday night. PAY INCREASE FIGHT BLOCKS FLOOD BILL! layed by Dispute on Salaries should be willing to commit ourselves in advance to a like set of rules to | govern the conduct of our foreign | affairs in the event of an international | crisis. | ““We must have a neutrality formula that is mandatory so far as it is humanly possible to foresee the needs, | that has been prepared in advance of the time when it is required. | “Such a formula can deal with the | subject objectively. It is not \aned‘ nor swayed by the will of any in- | dividual nor by the subjective whim | of personal likes and dislikes. We | ° must extend the present neutrality law to the fullest extent. Equality of Treatment. “We should provide a mandatory | ‘cash and carry’ provision for all‘ commodities other than munitions | and should take every other step that | can be taken in advance to provide | the rules to govern our foreign policy | in time of international crises when | foreign nations are warring with each other.” Miss Doris Stevens, chairman of the Inter-American Commission of Women, told the institute there is reason to rejoice in the pledges by the American States in the direction of equality of treatment for women and | in the measures they have taken to translate this democratic principle | into practice. LUDWIG CONDONES ROOSEVELT POWERS Biographer, Sailing, Says Presi- dent Does Not Abuse | Trust. By the Associated Press. NEW YORK, July 10.—Emil Ludwig, | biographer of titans, living and dead, left the United States yesterday with | the impression that his next subject, President Roosevelt, is “a man who enjoys power without abusing it.” On his arrival four weeks ago the exiled German author described the President as “the most loved and hated man in America.” “During my visit,” he said yester- | day, as he boarded the French liner Ile de France, “I saw the President’s enemies as well as his friends. You must see a man's enemies in order $o understand him.” Accustomed to pomp and military display in Europe, Ludwig was amazed by the informality of President Roosevelt's surroundings. “There does not exist in Europe a . democracy that can be compared with that of the United States,” he said. “Europe is very poor in statesmen.” Ludwig carried with him 30 volumes borrowed from the Library of Con- gress, 2 filled notebocks and a head full of impressions. LIBRARY GIVES UP Unable to Answer Question on Unknown Soldier's Widow." CINCINNATI, July 10 (#).—The Cincinnati Public Library, accustomed %o all sorts of questions, was stumped yesterday—and still is today. Chalmers Hadley, librarian, said the question—submitted in all seriousness —was: “Does the wife of the Unknown Sol- dier reside in Cincinnati—and if so, what is her name?” MiSS WOODRING GAINS Condition of Secretary's Sister Improves Slightly. Secretary Woodring reported today slight improvement in the condition of his sister, Miss Lida Waodring, who is ill in Walter Reed Hospital. Miss Woodring has been in the hos- pital following a second operation for & throat ailment a week ago. Hospital officials said her condition was “satis- factory,” but that she would be com- pelled to remain at the hospital for “quite some time.” B | | of Army Officers. By the Associated Press. Opposition to salary increases for | five retired Army officers blocked a | $105.000.000 flood-control appropria- tion yesterday. Funds for control projects in the | Mississippi and Ohio valleys and many | other areas were included in a $194,- 000,000 appropriation to finance non- | military activities of the War Depart- | ment during the current fiscal year. | After weeks of controversy, the | House approved all points of an agree- ment effected by Senate-House con- ferees, except one amendment which would have raised the pay of four re- | tired Army colonels and one major general on duty at the Soldiers’ Home | here. The pay raises would have to- | totaled about $14,000. | House members roared their opposi- tion to that proposal by a 95-t0-3 vote after members on both sides of the aisle asserted the officers, who were not identified, “had nothing to do buz; play golf.” | Chairman Copeland of the Senate | conferees said later he would ask the Senate to stand pat on the proposition | and request another conference. NAVAL AIR STATION CONTRACT IS SIGNED Covers $31,860 Improvements to Boat Houses and Piers at Anacostia. A contract for $31,860 has been signed with W. F. Martens of New- port News, Va, for improvements to the boat houses and plers at the| Naval Air Station at Anacostia as| part of a $773924 improvement pro- | gram over the country, the Navy| Department announced today. | Improvements to the electric system | and Isherwood Hall at the Naval Academy, Annapolis, will be done by a Philadelphia firm for $35,600. The improvement program at vari- ous naval stations over the country will be carried forward under super- Vision of the Bureau of Yards and Docks, Navy Department, L RITETiee SPANISH HERE TO MARK CIVIL WAR ANNIVERSARY Memory of Loyalists Who Have Fallen Will Be Commemorated With Rites July 17. The first anniversary of the opening of the Spanish civil war and the memory of the Loyalist fighters and citizens who have lost their life during the last 365 days will be commemorat-~ ed here July 17. Dr. Enrique Carlos de la Casa, charge d'affaires of the Spanish Em- bassy, yesterday summoned Spanish consuls from New York, Philadelphia, San Francisco, New Orleans and Galveston to come here for the occa- sion. All other organizations in sympathy 3148194446 _ _ 106.1 43,8-318°43-45" 106.1 4145-348 43-45r5 106.1 HOME OWNERS' LOAN. 253 1942-44_ 238193949 381962 100.7 100.2 -- 1029 FOREIGN BONDS. Antioquia 78'45 A Antioquia 7s *45 B Antioquia 75 '45 D. Argentine 6s'57 A Argentine 6s 59 Oct . Argentine f3°60 Sept Argentine 6s ‘61 Febr Argentine 6s°6] May. Australia 414856 _ Australia 5855 | Australia 5557 Bavaria § 614s ‘45 Belgium 63549 _ Brazil 6148 2657 Brazil 618 °27-'57 Brazil 7s ‘52 Brazil 8s 41 Brisbane 58 ‘57 Budapest 6362 Buenos A C 6148 '55 Buenos A 4%8'76 Aug Canada 3867 Canada 314561 Canada 48 '60 Canada 6s°52 Chile 65’60 Chile 6361 Chile 6562 Chile 6s 63 Chile 7842 _ Chile Mtg Bk 63561 Chilean Mun L 75 '60. Colombia 6861 Jan_ Colombia 63 ‘61 Oct._. Copenhagen 58 '52 ._ Costa Rica 7851 A Cuba 61845 Denmarx 415862 Denmark 5%s ‘5 Denmark 6s 42 French G T4s'41un st Ger C Bk A 65'60 Oct._ jer Gen Elec 78°45_ Ger Gov 6% 65 st Greek Gov 6868 Haiti 6552 Hungary 74 Irish Free State 58'60 Italy 78°51 [talCrd P W 7s 47 B Japan 6% '54.____ Kreug&Toll 5859 cfs Medelin 615564 _ Milan 61852 < Minas Gers 614858 Minas Gers 6158 °59_ Montevideo 78 '52_. Norway 4563 __ Norway 4148 '65 Norway 63 43_ Norway 6s'44_ Oriental Dev 68°63 ._. Panama 5563 stpas Peru 6360 Peru 6561 Poland 6540 Prussia 6s 52_ Queensland 6847 Queensiand 7s *41- Rlo Gr do Sul 6568 __ Rio Gr do Sul 7s *66_. Rio Gr do Sul 8s *46_ Rome 613852 Sao Paulo St 63 ‘68 Serbs 8562 Shin'su EP 618 '52_ Sydney 514855 Taiwan Elec 513871 Trondhiem 5%s ‘57 Uruguay 6860 Uruguay 8s'46 Yokohoma 63 ‘61 OOMESTIC B Alleg Corp 58 Alleg Corp 5 Alleg Corp 5s ' S Alleg Corp bs 50 stp Allied Stores 415851 Am & For Pw 653 2030 Am1GChb%s 49 Am Intl 5158 49 AmT&T 3%s 61_. Am T & T 3%s 66___. AmT&T 4158 39 AmT& T5%s 43 ___ Anaconda deb 43850 Armour (Del) 1t 48'55 Armour (Del) 4857 A T&S Fead) ¢s ‘95 st A T&S Fe 4148 48 A T&S Fe CA 44562 Atl Coast L clt 4862 Atlantic & D 1st4s8'48. Atlantie & D 2d58'48_ B&O 1st4s 43 el T of Pa 6348 B_ Beth Steel 33,566 _ Bos & Me 58 '55__ Bos & Me 5367 _ Bot Con M 6%s ‘34 Bklyn Ed con 3%s ‘66 Bklyn Un El 6350 Bklyn Un Gas 68 °50 _. Bklyn Un G 68 57 B . Buff R&P con 43, 8'57 Bush Term con 5s '55. Calif Packing 55°40 __ Can'dlan NR 438 °51_ Can'dian NR 43857 Can'dian NR5#'69 Oct Can'dian P db 48 perp Can'dian Pac 41, Can’dian Pac 4 Can'dian Pac 68 ‘54 Central Fdry v 58'41 Cent I11 E & G 58 '51 Cent N England 45’61 Centof N J gen 5887 Cent Pac b8 ‘60 = CaroCl& O 6552 A __ Champ P&F 4%5'50_ Ches& 0 3%s'96 D__ Ches& O 31,;8'96 B__ 3 2 C&Ogen4y C&Ocon5s'39 Chi & Altref 3s'49 Chi B&Q gen Chi& E 111 685 Chi Grt West 4s°59__. CM&StP4s's CM&StP6s'T5 CM&StP&P adj5s2000 Chi & NW gen 4s'87_ Chi & NW ¢1482037C Chi & NW ¢%,8'49___ ChiR I&Prf ¢s'34__. Chi R I&P rtf 4s’34ctf. with the Loyalist cause have been |.ChiR I&P gen 4s asked to send representatives .o the commemorative exercises. —_ Wife Slayer Is Hanged. SAN QUENTIN, Cali”, July 10 (#). —John D. McNeill, 54, was hanged yesterday for beating his wife to death with the roller of a washing machine because she had not paid premiums on her life insurance. McNeill, a former constable and blacksmith, was carried to the gallows in a comatose condition. Zoo Bear Arrested. A little brown bear that escaped from a truck at Shropshire, England, on its way to Dudley Castle Zoo, was captured by the police after causing a panic in the wood in which it had de- cided to make its home. When a con- stable from Kingswood stumbled, the animal pounced on him, but another constable threw a net over the bruin, and it was soon shackled, \ Chi R I&P ¢%8°52. Chi R I&P 4%s'6 Chi Un Sta 3%s°63 E. Chi & W Ind 43863 CinUnT3%sDgtd_. CCC&St L gen 48°93_ CCC&St L rf 4% &'77E CCC&StL StL dv4s'90 CCC&StLCW&M4s'S1 Clev Un Ter 4348 Clev Un Ter 58'73 B Clev Un Ter 538724 Colo & So 43,880 ___ Columbia G & E 53 '52 May = Columbia G&E 58 '61_ Colum Ry P&L 48’65 Comcl Credit 3% s ‘51 Com Inv Tr 3148’51 _ ConsEAN Y 3%8'46. Cons Ed N Y 33356 Cons Gas NY 44851 Consol Ofl 3% 51 Consum P un 334 Consum Pwr 3%s'70. Crane Co 3% s - Crown Will P 63 '51_. Dayton P&L 3148 °60. Del & Hud ref ¢s'43.. \ 5 103% 103% 103% 2 106.12 106.12 7 106.15 106.17 3 106.13 106,13 100.7 100.7 0 100.17 100.20 102.9 1029 Hirh. Low. Close. 12% 12% 124 12% 12% 92% 101% 100% 1014 12% 92% 101% 101% 1004 1004 1015 1014 100% 1004 1004 1004 1004 1004 101% 101% 101% 10215 1021 10215 106% 106 106 106'a 106 106 2414 2415 244 110 110 110 40% 400 40% 405 40% 40% 47 1023 851y 1001, 1011 1051y 105% 105% 3R 33 2R1g 31 1004 62 114 874 854 991y 1001« 61% T6% 1011 6R1y 85 ONDS. a7y 106% | 10513 | 993, | 991 | 1041 | 112'7‘K 106% | 9815 98 105 10814 112% 5% 491y 1025 102% 106% 106% 1081 10814 61 61 100 100% 99 99 106% 106% 106% 97, 97 97 1024 102 102 1055% 105% 105% 104% 104% 104% 107% 107% 107% 103% 103 103% 102% 102% 102% 100% 100% 100% 104% 104% 104% 10434 104% 104% 90% 90 (96K 4 Goodrich 43 s ‘56 _ Goodvear T&R bs '57. Grt Nr Ry 3% 8’67 Great N Ry 46G_. Grt NRy 4s'46 H __ Grt NRrf43s'61 A Grt NR gen 4%8'75 D Grt NRgn4%s'17TE Gulf Sta Utll %846 Hock Val 414 '99 Hudson Coal 68’52 Hud & Man inc 6857 Hud & Man ref 5s '57. 111 Bell Tel 3%48°70__. 111 Cent col tr 48’53 I Centref 58'565 .. 111 Cent Lou 31;8'53 ICC&St L N O 4153863 111 Steel deb 4148 Inland Stl 3%s'61 Int R T 1st rf 58°66.. IntRT 7532 z IRTI1strf58'€6 ctfs Int Grt Nr6s'52 A _ Int Grt Nrad) 6 1053 958 129% 110 1138 105% 105% 104 119% 105% 6315 641y 63 32 Int Mer Marine 6841 Int Pap 1st6s'47 A __ INtT&T cv 4348 39 Int T&T 4%s"52 Int T&T 58 '55 James F & C4s'39 __ Jones&L Stl 4145614 Kans C So 1st 38 '50 _ Kans City So ref 64'50 Keith's 6346 __. Laclede G 5% s°'53 C._. Laclede Gas 63°42 A 54 A Leh V P con 48 2003 Leh V Pcon 4% Leh V RR con 58 2003 Leh Val Term 5s'41_. Ligg & Myers 7, Loew's 3148°46 Long Isl gen 4s'38 Long Isl ref 4s "49_ La & Ark bs 69 L & Nash 3%s 2003 L& N 1st 482003 ._ L&N4ks2003C. McKess&Rob 6148'50 MeC RReclt 4545 A_ Mich Cent 415879 __ Minn & StLrf 48°49- MStP&SSM cn 4s°38_ MStP&SSM 614549 __ MStP&SSM 5% s'78 MStP&SSM rt 6s "46A Mo K & T adj 53 '67__ Mo Pac 6877 F Mo Pacific 55’ 81 1_ MoPac5l,s'49 A . . Mob & Oh M div 58'47 Morris & Es 31,8 2000 Morris&Essex 58°55._. Nashv C&St L 4578 _ Natl Dairy 3% s'51ww Natl Steel 43 €5 New E T&T 1st 6852 New Orl PS5s'52 A New Orl P S 5855 B Y Central 314s'52_ NY Cent con 48 ‘98 __ NY Centrf 4348 2013_ NYCrf4%s2013n__ NY Cent rf 582013 NYCLSh3%s'98 _ NYC Mich C3% NYC&St L 414878 YC&St L5%s'74 A_ Y Conn 1st 43,853 _ NY Edison3%s 65 D NYL& W 1st 4s°73__ NH & H 48°57 __, NH & H 63867 | NY NH & H cl tr 65°40 NX O&W ref 48 92 _ Niag Falls P 315866 Norf So 1st ref 5561 Nort S 1st rf55'61 efs Norf & W 18t 4596 __ North Am Co 6861 __ North Am Ed 6857 A North Am Ed 5569 C Nor'n Pac gen 3s Nor'n Pac 48 '97 Nor'n Pac 434 20101 Nor'n Pac 65 2047 D__ 10013 Nor'n Pac 682047 ____ 110% - 1041 1111y 1177 10714 103 107% 10114 101 100 Ohio Pub Sve 7847 Oreg Sh Line 55 '46. Oreg W RR 4s 61_ PacG & E3%s 61___ PacG & E 45 64 Pac T&T rf 338’66 B Pac T&T 3% 8’66 C _ Paramount Pic 6s ‘55 Penn P& L 4%48°81__ 101% Penn RR3XsSwi__ _ 1067 Penn RR cn 4848 stp 1131 Penn RR 41,8°81 D _ 107% Penn RREN 4%8'65_ 111 Penn RRdeb 41%s°'70 10274 Penn RR gen s '68 117 People GL&C rf 5547 113 Pere Marq 1st 68°56 101% Phelps Dodge 318’52 114 Phila Co 5s 67 97% Phila Elec 31,567 Phila & R C&1 6873 Phila & R C&1 6843 Philippine Ry 4s°37_ PCC&St L 412840 A_ Port Gen El 4% 860 _. Postal Tel & C 5s'53 Pressed St] Car 6s ‘51 Purity Baking 53 '48_ Reading R 415897 A Reading R 4%s8'97 B_ Rem-Rand 4% s'56ww Republic Stl 448 °'56_ Republic Stl1 4% s 61 Rio G W col 45°49 A _ Roch G&E 418 '717 D_ Saguenay Pw 43866 StJo Ry L T&P 55°37 St L-S F 4850 A ctf; St L-S Fran 4%s'7 St L-S F 418°78 cf st. St LS F 58'50 B ctfs_ StLSW ist4s'89 __ StLS Wgnrtbs'90_ San A & A Pass ¢ San An P Sve San Diego CG&E4s'65 Seabd A L 45 50 stp__ Seabd A L ref 4s'69__ Seabd A L 6345 A Sharon Stl cv 415551 Shell Un deb 3%s '51_ Skelly Oil 4851 Socony Vac 313850 Sou Bell T&T 3%s'62 Southn Cal Gas 4365 So Pac3%s 46 So Pac col 4549 So Pac ref 48°55._. So Pac 43868 . So Pac Oreg 4148 So Pac S F Ter 48 '50. 8 1081 16% Swift&Co3¥%s Texarkana 5148 ‘Texas Corp 3 106% 105 104 5 10415 1007% 105'% 95% 128% 109 113% 105% 105 104 119% 444 23% 65 1064 851, 96! 105% 63 100 | 92 | 1% 6% v 957k 104% 10314 2 741 a6 1005 100ty 110% 104 11 7% 1 1071 1023, 10714 10115 100% 100 10114 10674 11315 1073 1108, 1028 117 113 1013, 113% 107 107% 107 98 7Y 364 117 100%4 1067 88y 95 108% 10814 6% T6% 106% 106% 105 105 104 104 OFFICE FURNITURE WE SELL, BUY OR EXCHANGE teel Files Desks ‘Tables Chairs Safes BAUM’'S FURNITURE 1416 Eve 8t. N.W. Money for Comdn:ti n Loans an Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGE L BORGER 643 Indiana Ave. N.W. Nat’l 0350 Steel Cabinets Phene NA. 3184 HOUSE Va Ry 1st3%s 66 A_ Wabash 1st 68°39___. Wabash 68°76 B__.... Wabash 55 '80 D. Wabash 5%8 75 Warner Bros cv 6s ‘39 W Sh 1st 43 2061 gtd. West'n Md 18t 48 '52_ Westn Pac 6846 A__. West'n Un 4%s8 50 Westn Un cl tr 5838 Westn Un 6861 .cc... West'n Un 58 '60. Wheel Steel 4138 '53 Wis Cent 1st gn 48’49 231 Wilson & Co 4855, Y'ngstn S&T ¢s'61 105% 92 33 23% 101% 101% . 10113 101% THE WEATHER District of Columbia—Generally fair tonight and tomorrow, except possibly a thundershower late this afternoon or early tonight; little change in tem- perature; gentle winds, mostly north- west. Maryland—Generally fair tonight and tomorrow, except probably local 50 warm in northeast portion tonight. Virginia—Generally fair tonight and tomorrow, except possibly scattered thundershowers in east portion late this afternoon or tonight; little change in temperature. West Virginia—Generally fair and continued warm tonight and tomor- row, except scattered thundershowers tomorrow afternoon. River Report. Potomac River slightly cloudy and Shenandoah little muddy today. Report for Last 21 Hours Inches. 30.03 30.04 3004 Degrees. 04 = R 30.08 hecord for Last 21 Hours. (From noon yesterday to noon today.) Highest, 14, at 4 p.m. yesterday; yea at 5:30 am. today: year Record Temperatures This Year, Highest. 95, on_July X Lowest. 19, on February 28 Humidity for Last 24 Hours. (From noon yesterday to noon today.) Highest. %4 per cent. at § am. today Lowest. 45 per cent.’at 4.30 p.m. vyes- terday. Tide Tables. (Purnished by United Geodetic Su Coast and Tomorrow. High | Low High Low Sun Sun Moon, Automobile lights mu one-half hour after sun Precipitation. Monthly precipitation in inches in the Capital (current month to date). Month, v January Feoruary March pril fay todav 7 tomorrow 7 today 9.0% p.m. turned on August September October November December Weather In Various Cities. Temp. Rain-_ Hh Lowfall. Weath'r 0 Ramn > Rain Cloudy Giear Clear Gloudy Cloudy Cloudy Cloudy Cloudy Clea Cloudy Helena. Mont Huron. SD Indianapolis. Jacksonville Omaha. _Nebi | Philadeiphia | Phoenix. Ari enix. Ar Pittsburgh Poriland. M Portland San Diego. Cal San _Francisco 8t. Louis. Mo. FOREIGN STATIO (7 s.m., Greenwich time, today.) Temperature. Weather. i ) Cl 59 45 86 London. England Paris. France Vien| Austris Berlin, Germany Brest, France 3 Zurich. “Bwitzerland tockholm, Sweden ibraltar, Spain (Noon, Greenwich time. Horta (Fayal), Azores _ 78 (Current observations.) 8t. Georges. Bermuda Juan. Puerto Rico Havana, Cuba s Colon, Canal Zone U. . TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Rate. Maturity. iy 15 '37 Cloudy today.) Cloudy Clear Cloudy Cloudy Cloudy For Sale First Trust N Conservative loans on small properties yielding 81, and 6 per cent. NOW AVAILABLE $2,000 loan—house—new section, | Tented st $43 per month. $2.500 loan—3-family flat, iral. new. rented at $i5 month. 500 ishiwood, rented at onth, cen- per | loan—semi-detached brick, " $55 per HARRY B. 101815 ST N W_ME 0100 thundershowers in east portion this | afternoon or early tonight; not quite | | Steel 3% 5 were down a bit. Temperature. Barometer. | 3 | Total United States Bond Averages T Rails. Indust. Dul. Net change. unc. +.1 unc. Today, close 93.1102.9 96.8 Previous day 93.1102.8 96.8 Month ago-. 93.5103.0 98.1 92.9103.3102.3 99.0 104.4 102.8 90.91022 958 98.2104.4 103.1 86.9101.8 99.3 67.6 458 40.0 64.6 422 1928 high._101.1 98.9102.9 100.5 10 Low-Yield Bonds. Close ..._1109 Prev, day.110.8 Month ago113.7 Year ago.111.8 1937 high. 113.7, 1937 low.. 108.4 1936 high. 113.5 1936 low.. 110.2 1928 high. 1044 1932 low.. 86.8 10 Fan unc. 2.9 2.9 2.6 69.1 4.7 0.5 3.0 (Compiled by the Associated Press.) the Associatea Press. NEW YORK, July 10.—The bond | market had a hard time holding its own today as most groups evidenced a downward urge. Trading was at a slow gait and swings were narrow Government loans were quiet and | steady. Alleghany 5s, stamped, 1950, edged | down slightly while the 5s of 1949 stayed level. Railroad obligations | found a little support. Great Northern | 425 and 4s crept higher, and New York Central 55 improved. Oils were neglected. Texas Corp. 3!25s moved down a fraction, while Shell Union 3'2s gained nearly a point. Leading industrial liens were quiet | and mostly held steady to a little lower | Tilting down were Studebaker 6s and National Dairy 3%s. Bethlehem STATEMENT IS ISSUED BY NEW YORK RESERVE | Es the Associated Press. NEW YORK, July 10.—A drop of | about $108,000,000 1n member bank | deposits was recorded in the weekly condition statement of the Federal Re- serve Bank of New York, the decline accompanied a gain of about $5,000,000 | in reserve notes in circulation. Holdings of United States Govern- ment issues were unchanged as rising bond prices made outside support un- necessary. United States Treasury de- posits in the Government's “general account” dropped to less than $10,- | 000,000, compared Wwith more than | $222,000,000 a year ago, attributed | partly to payments for incoming gold. Foreign bank deposits were up about $8.000,000 over the preceding week. Member bank loans from the Re- serve bark remained at low ebb, with only a minor increase in discounted bills. The condensed statement follows: Gold certificates on and due from States Treasury Total reserves Bills discounted Becured by United States Government obliga- tions Total bills discounted Bills bought in open mar- et b $3.299 784 000 3.368.818.000 | Indistrial advances Gov- | _ernment securities | Total bills and securities | Uncollected ‘items Federal Reserve notes actual circulation Deposits Member account 5.830.000 | Total deposits 3,078,783 009 | Ratin of total reserves to deposit and | Federal Reserve note liabilities combined, | 3.9 per cent. R 039,000 146.011.000 934,341,000 tn bank—reserve P ZINC PRODUCTION RISES. NEW YORK, July 10 (%).—Domestic | zine production in June totaled 50,526 | tons, compared with 44,875 tons in the | | same month last year, the American | Bureau of Metal Statistics reported | today. May production was 55012 | tons. Stocks at 'the end of June to- taled 14.081 tons, against 84855 tons last year, while domestic shipments amounted to 50,219 tons, compared with 41,582 tons in June, 1936. 350 ’;t_);vs OF LEAD SOLD. NEW YORK, July 10 (#)—St. Jo- seph Lead Co. reports 350 tons of | pig lead from Southeast Missouri | mines sold yesterday at $5.85 per | hundred pounds, St. Louis. FIRST TRUST LOANS LONG TERM 3% $6.60 per month per $1,000 the Winter wheat belt. This observer said that the estimate of Nebraska pro- duction, for example, was only slightly reduced, but the Federal crop statis- tician in that State has reported the lowest yield he ever heard of in parts of Burt and Washington Counties. ‘Wheat closed 1-13; cents below yes- terday’s finish; July, 1.20%-1.21; Sep- tember, 1.2214-1.22%, and corn was 35 off to % up; July, 1.28'%; September, 1.14!2-1.14%. Oats were unchanged to 135 down. High. Low iha 1 large 2415 E POULTRY—Masket with prices nominal. Fowl 18-17: a few at 18 No. 7s. 13: i2-14: No. 10: roosters. 10. ses. 21: Rocks. 2 Leghorns. 2 pounds. 18. less than 2 pounds. 14: furkeys: Old" hens. 16-17; old toms, PHOENIX SECURITIES DECLARES DIVIDEND By the Assoclated Press. NEW YORK, July 10.—Directors of Phoenix Securities Corp. declared a dividend today of 25 cents and 1-70 | of a share of Certain-Teed Products Corp. 6 per cent cumulative prior pres | ferred on each share of Phoenix See curities Corp. common stock, payable ut steady Colored. heavy, SOY BEANS - July Oct Dec RYE— July D, Dec July Sep. Oct Dec b Sep, 16.90 Chicago Cash Market. Cash wheat—New, No. 2 red, 1,23!5; No. 3 red, 1.2115-2215; No. 4 red, 1.17-17%; No. 5 red, 1.14-15!'2; No. 2 hard, 1.23-23%; No. 3 hard, 1.211;- 22. No. 4 hard, 1.163;; No. 5 hard, 1.13%-15. sample hard, 1.0013-11 garlicky, No. 2 mixed, 1.18; garlick: No. 3 mixed, 1.1615-20'2; garlicky, No. 3 red, 1.18; tough sample red, 1.061, Corn—No. 1 yellow, 1.31%;: No. 2 yellow, 1.31; No. 5 yellow, 1.18 Oats—No. 2 white, 52-53; white, 52; No. 4 white, 49. No rve; no buckwheat. Soy beans—No. 2 yellow, 1.46!4: No 3 yellow, 14414; barley feed, 55-71; malting, 71-97. No timothy or clover seed. SHARP RISE IN STEEL OUTPUT SCHEDULE By the Associated Press YOUNGSTOWN, Ohio, July 10— Mahoning Valley plants are scheduled for nearly 80 per cent production next No. 3 vailed here since the end of April. Preliminary schedules call for 68 of the 83 open hearths to be in pro- duction. Finishing mill schedules are improving. BALTIMORE STOCKS BALTIMORE. July 10 Sales " S8TOCKS 100 Balto Traneit BONDS. $3000 Balto Tr deb 4x A 1000 Balto Trans 55 A~ 3 Unemployment in creasing Property Management Automobile Insurance APARTMENT AND HOUSE MANAGEMENT 925 15th St. N.W. includes interest and pay- ment on principal. Pays loan in 20 years. No renewal. ALSO 3-year straight loans and construction loans. BOSS & PHELPS MORTGAGE CO. Loan Correspondent. Jahn Hancock Mutual Life Ins. Co. 1417 K 8t. N.W. NA. 2300 First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY m e District of Columbis Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 | August 2 to stock of record July 22. At the current market value of Certain-Teed Products Corp. the stock dividend amounts to a trifie over $1 a share. This is the first dividend paid on the common stock of Phoenix since 1930, Operations of Certain-Teed Prode ucts Corp. in the first half of this year were probably the best since ths l1"]1'5[ six months of 1927, Walter S. Mack, jr., president, stated. DOLLAR GOES DOWN IN LONDON DEALINGS By tke Associated Press. LONDON, July 10.—United States dollars lost % of a cent in the foreign | exchange market today. The unit | closed 4.957; to the pound, compared | with $4.957; for sterling in final New York dealings yesterday. French francs ended 128.03 to the pound, against 128.12 the day befors, DIVIDENDS ANNOUNCED | NEW YORK July 10 —Divide: cprepared by the Bt Reduced nds dee rd | 8ix-Twenty Jones Initial. | Pirst Nat Bk Morristown. i A 50¢ Extra. North Phila Trust ___30c _ week. the highest rate that has pre- | Reular. | celotex corp 57 bt 3125 Century Bhrs Tr pte 41c Erie & Kalamazoo | Hawaiian Pineappie Me [ | et Nor P) Pearson Walgreen 415% pf $1.121; @ —_— BOND CALL EXPECTED. NEW YORK, July 10 (#).—Dominion Rubber Co.. Ltd., subsidiary of United States Rubber Co., is expected to call for redemption October 1, all of the 6 per cent bonds due 1946, $2,433.700 of which were outstanding December 31 last. 8-28 DIESEL ORDER PLACED. NEW YORK, July 10 (#).—A contract | for four 1,000-horsepower Diesel en- gines has just been placed with Worth- ington Pump & Machinery Corp. by | O'Okiep Copper Co., Ltd., Union of | South Africa. Contract includes comi- plete power equipment for the entire | copper property now being opened. Insurance Why not spare yourself the trouble and responsibility for the manage- ment of your apartment house and residential properties? Place them in the care of our Property Man- agement Department. They will have careful attention, B. F. SAUL CO. REAL ESTATE Facing McPherson Square NAtional 2100 Consider These Facts When You Wish To Arrange A REAL ESTATE LOAN ® LOANS on improved or to be improved real estate— as low as PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United States. PERPETUAL has over 55,000 bor- rowing and savings membe 7.50 per thousand per month including interest and curtail . . . No commis- sions . . . No renewal fees. Lot us help you solve your problem with a Perpetual loan. off by PERPETUAL'S Board of Directors keep in close contact with the icers and materially assist in the speedy handling of loans. * PERPETUAL'S regular examinations the U. S. Treasury Dept. aze sup- plemented by special C.P.A. audits well as its own Auditing staff. PERPETUAL has always bad 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 Over $43,000,000 ARTHUR G. BISHOP Chairmen of The Board MARVIN A. CUSTIS President EDWARD C. BALTZ Secretary