Evening Star Newspaper, July 22, 1937, Page 19

FINANCIAL, THE EVENING STAR. WASHINGTON NEW YORK CURB MARKET S5 71| EARNED S BYATLAS POWDER Quarter’s Profits Compare , D. C, THURSDAY, JULY 22, 1937. FINANCIAL, —19 S25,000,10 POWER ISSUE 1S OFFERED Westchester Lighting Issue "UTILITIES CLIMB ON CURB MARKET Moderate Gains Registered Extent of Concentration of Income Tax Returns in the Largest City of Each State which were submitted by per Stockand Buui— Dividend Rate. Add 00. High. Lockheed Aire 6 12% Lone St G(.40g)_. 4 11 Long Is L pf(7) . 308 791y Long I L pf B(6). 508 66 Loudon Pack Louis L&E(.40) Lynch Corp(3g) .. McWill Dred (2). Maj Rad & T 2:30 Stock and Bales— Dividend Rate. Add 00. High. Low. Close. Acme Wivte (2)- 508 49 484 49 Air Devices 2 2M 2% 2% Air Invest 1 3% 34 8 Air Inv wa o Ala Pow pf (7). 1108 74 73i5 T4 Alum Co Am 2008 148 14713 147 Dol e e TR R Per cent of the total number of 1936 federal income tax returns in cth Alum Co pf ( 5115 115 115 After Sluggish Start. Oils Are Mixed. B the Associated Press. NEW YORK, July 22—After a sluggish start, utility stocks moved into slightly higher ground in the Curb market today. Fractional gains were rung up by Electric Bond & -Share. Niagara Hud- #on Power, United Light & Power “A American Gas & Electric, United Gas and Cities Service. » _ Trends were mixed among the oils. Imperial was up a fraction, Sunray Oil held unchanged and Cosden Petrol- eum dipped In the industrial sector, higher prices were marke dup by Fisk Rub- ber, Powdrell & Alexander and Trans- Lux. Consolidated Steel gained a -fraction. Lower were Aluminum Co. of America and St. Regis Paper. In the mining division, Hecla and Hudson Bay Mining di pmd BITUMINOUS OUTPUT UP FURTHER IN WEEK| iation, from e car-loading reports from the railroads, estimates bituminous eoal production in the United States | for the week ended Ji mately 7,000.000 net tons. Produc- tion for the corresponding week— 1936, 7,034,000 tons; 1935, tons. The report of the Bureau of Mines “ ghows production of 7,235,000 for the week ended July 3 and 6.420,- 000 tons for the week ended July 10, 1937, Production calendar 17—1937, 238,427,000* 215,204,000 tor *® Subject to 17 as approxi- year to tons; July 1936, ? 3 QomCItty ] »a > 5,529,000 | tons | Alum Ltd Am Airlines Am Box Bd(.95g) Am Centrifugal . ACP&L ww 23, g A C P&L R(.30g) Am Cyan B (.60) Am& Fgn P war. AmG & EI(1.40) AmG & E pf (6) Am Gen AmGen $2 pr(2). Am Laun M (.80) Am ifg (26)__ Am Maracaibo Am Meter (112g) Am P&Ch(138) - Am Seal Kap Am Sup Powe Am Sup P pf AmS P 1pf (6) Anch Post F Arctur Rad Tube Ark Nat Gas Ark NatGas A _. Ark Nat Gas pf__ Ark P&L pf(7) _ Ashld O&R(.40) . AS ElInd(.364g) - P& Atlas Corp war Atlas Ply (%g) . Austin Silver M . Automat Prod Axton Fis A Raheock& W (3g) Baldwn Rub (13) Rardstown Dis Barium Sta Stl__, Bell Aire Berk& G ss&Laugh(2) Bl Rid ev pf(3h)_ Rohack(HC)1 pf Bow R Bear (1g) Braz L (.90g) . Brewster Aero Bridgpt Ma(28) BrillA __ o Brill pf Brn F&W (.80g)_ Brn F&W A (2)__ BN&EP 1 pf(3) Bnk HI & S(113) ah & Wire B “an Mare Wire « « « « « « | ey « « ‘ « | Duval Tex | Fisk Rpf (6) Brarret Buper of T4 5 10505 100 104% 41 4\ 1634 a4 G 14»\ uua' & Tadkin v 5 5041 FOREIGN Chile M B 65 31 mat Com Prv B s 37 Danzis Port hA SRR M B e Ger Con _Mun 63 ‘47 Jiel Su Pw 6e Ama_City 6'as Mecelin _Col Yavam Braz_ trero Su 7& ‘47 st Iaz on' 78 fan ww—With Warrants fants. n L §Negotiabi tCompanies reported in receivership, FOREIGN MARKETS. LONDON. July /P —Stock prices elosed Eencrally stendy thaay With'a better demand for the mining group Gift-edeed securities ' and an bonds remained guiet. while Brazillan issues sold lower. he “general opinion among traders was that the advance had reached a haltin Industrials were very auiet an is-Atlantic shares had a downward {endeney. PARIS.—The Bourse closed firm today. rTentes gaining from RO to S0 centimes on the day and Suez Canal shares moving 318 ancs hicher. Roval Dutch sained A8 rancs while Bank of France issue was down 95 franc 1910 104% i * 64 167 167 Xw—Without war- V. S. TREASURY POSITION. B: the Associated Press. The position of the Treasury July 20: 1 7 expendit mthvmnn (g inh u exi nincrease & uver The previous day including $1.170, 64 ot Thactive word MONEY MARKET. NEW YORK. July 22 (#.—Call money oaady: L per-cent ail day.” Frime com. paper, 1 per cent. Time loans Tiendy: 4080 anye The 18 momthe 1ia sr eent Bankere' acceptances unchanged. lscount rate. New York Reserve B = per cent. “arrier Corp axce Pro(2i “atalin Am 'it Serv p “it Auto St “laude Neon Lt ‘leve Tract oltsPatk(114g) ‘0l G&E pf(5) mo & amwith Bd (5) ‘omith & So war ‘om P&L 1 pt ‘om Wart Sve ‘om Sh M vte(1) ‘ons Bisc (.60) “ons Cop Min on G& ‘ons | 30g) Oil Mex __. ‘ont Roll & Stl__. “ook P&\ (.60a) “ooper-Bess “opperwdsStl(2) ‘ord Corp ‘osden Petro ‘osden Petro pf - “ourtaulds .251g ole Pet (13g) . ocker Wh - oft Brewing.___ “rown C Pet ____ Crown Drug - Cusi Mex 2 Dayton Ruh Dennison Mf 1 pf Derby Ol Der Oil pf (2k) Gray Ir (.04) Det Mich Stove Diveo Tw Tr40). 5 | Dom St & ¢ = | Dubilier Con Duro Test (.40) - I—:ag PiLa(20g) Bl Bond & Sh 2 El Pow As (.15g). ELP As A (.158) - D G&F 8% pf nsco D&Eq (1). Squity Corp Kvans Wallo Ex-Cell-0 ((40g) Fairchild Av Istaff Brew tedrs Mfe(lyg) . Fidelio Brew Fisk Rub Ford M Can A (1) Fa M Ltd 3g)- ankl Ray FroedtGevpf1.20 mew'l pf .11k | Gen Alloys Gen E Ltd (.565e) Gen Tel (3g) - Gen T & Rub Georg Pow pf(6) Glen Alden (%) GodchauxSA dchaux § ldfield Con hM vie (13, g) Grand Nat Films Grand Rap V (1) Gray Tel PS (1)_ A&P nv (fa) Green T & D Guard Inv Gulf Oil (1,g) Hartman Toh Harvard Brew___ Hazeltine (3) Hecla Min (.45g) Hewitt Rub(3s8) Horn&Hard (2) Hud BM&S (% &) Humble Oil (115) HumRossP (.208) 111 Towa Pow 111 Towa Pow pf _ HllaPdivet ___ 111 Zine (3%R) Imp Oil Can(iza) Imp T Br(.845%) - Ind Serv 6% pf _ In& C N Am(2a) Int Hyd-Elec pf__ Inter Pet(1%9a) __ Inter Prod Inter Pndm('.g) Inter SRazB. . Inter Util B Int Home E(A44)_ Jacobs Co (1ag)_. Jeannette Gla Jer C PEL pf(6)_ Jer C P&L pf(7) Jones & Lau Stl Men Rad T(%g) Kingston Pr(.40) Kirby Pet Knott Corp(.20g) ‘Kruger Brew (1a) Lake Sh M (4a) _ Lehigh C \mn) Leonard Oil 2008 116 6 2 R 258 1 508 1 758 o P R e A A BNE DON NN e L R o E e o S e e S A 21 6008 5 5 2 1008 108 11 1258 . 508 10: 12 & P O R P T <) 4508 b 4 1008 100s 9 4 1 1 2 N 1 8 1 108 30s 116 260 833 124 8 274 104 304 20% 36% 26 749 333 343, 5lg 141 b 1% 6% 143 63 814 891y 110 248 116 26% 202 8la 27% 108 32 203 36% 26 T4Y% 341y 343 5l 14% # 1% 6% 143, 6% 8% 90 110 24% 5 Marion St Shov__ Massey Harris . Mead John (3a) . MemphNG (.10g) Merritt-C&S __. Mer-C& Spf A _ Mesabi Iron - Mich G & O Mich StTu (148). Michigan Sug Mid St Pet B vic Midvale (2g) Midwest O (148). Mock J Vo(.30g) - Molybdenum Mon LH&P(112) Moody In pt pf(3) Mount City Cop - Mougt Prod (.50) Mur O M(.608) Nat AuFvie 1158 Nat Bellas Hess . Nat Contnr('2g). at Fuel G (1) _. Nat Mfg & Strs Nat Oil Prd(.80g) Nat P& Lt pf (6) Nat Service Nat Service pf = A A W B W IS Nat Un Rad Neh! Corp (18) _ ° N H Clock (114) NewmMin(1? New Processi1g) NY P&LEpf (T) Niag Hud Pow Niag Hud 1pf(5) Niag Hud A war Niag Hud B war NgShMdB(152) Niles-Bem-T'(1g) Noma El (.402) No m L& Pow . Nor Am L&P pf N Am Ray A(1g) Am Rayv B(1g). Nor Pipe L(3%g)_ Nor St P A Nor Tex El pf (r) O Brass B(114g)._ Ohin Ol pf (8) Okla Nat Gias ___ Oldetyme Dist __ Pac G&E 1 pf(7)_ Pac Pub Sve o Pan-Am Afr(1) __ | Pantepec Oil Park R&R(.40g) Pat Ply M (1g) | Pennroad (‘.fl\ | Pa P&Lt pf (7 Pa Salt ( .\g\ Pa Wat & Po (4) - Phillips Pkg Phoenix 10815 10815 31 31 108 108 135 13 PAD BN E — NN N R al Sa Pitn Metailui 15 Pitts P1 G Y Potrero Sugi | Powdrell&Al35g Premier Gld .12a Prod Corp i | PS1Ind$6pf Pug S P $ipfel k Pug Sd P $6 pf Pyrene (.20g) Ravm Cone (1 Raytheon Mfg Red Bank Oil Reiter-¥ Reli'ce F& Revbarn Ine Reynolds Inv | Rice St DG 33 g . | Richmond Rad _ Roosevelt Fd oot Pet (14x) Russeks F A (1 Rustless T & S Ryan Cons . Ryerson & H__ St Regis Pap = St Regis Pap pf _ Schiff Co (2) Segal Lock eiberling Rub__. elected Indus Select Ind ev 3, k Sel Ind(al )5 Sel Tnd pr pf ; a) g 10g hattuck Denn herwan-Wms 4a Sherw-Wms pf <tan Dredg cv pf <t Oil Ky (1a) X1 0il Ohio (1) t 0§l Ohio pf 5 St Pow & 1.1 : tand Prod(%g)_ U Sil-1, (02g) tand Tuhe B . tarrett Cor vte Sterchi BS 1pf3 Ster Alum Pr 158 Sterl Ine (.20a) = DD W E B BTN A R SO D e Bl ylor K Dist .30 Cchnieolor Tech-H G (.40a) Texon Ol (.66) Tobh Prkxp.i5e Todd Ship (2) Tri-Cont war _ Tubize Chat Unit Corp war___ Unit Lt & Pow A Unit Lt & P ev pf 'nit Shoe M 21,a 5( 1S Foil B (%g) US& Int See 1 S&ISPrAN%K. 1 *S Play Card 1a. 1008 U S Radiator. TS Stores z Unit Ver Ext 1g . Vit Wall P Univ Cons Of T'niv Insur (1) 50s Utica GRE pf () 10s Ttil Pw & Lt (1) 3 Util P& Lpf (r)_ 2008 Util Equit pf 515 100s Venezuel Pet ___ 4 Walker Min Wayne Knit M Wentw'th M .1 West VaC&C W Tex Ut pf (§) Willfams RC .15 Wms 0il-0-Mat. Wilson Jones __ Wolverine Pt (__ Wright Har .40a_ Yukon Gold .06g Dividend rates in dollars based on last ] 12 it e 5 204 2 6 1 1 & 1 2 5 1 5 6% 2 A anies reported Deing tn bankruptey of In recelvership, of being reorganized under the bankruptey act. or securities assumed by such c~m- oanies. . NEW YORK SUGAR. NEW YORK. July 22 (#).—Sugar futures today were irregular in a comparatively active inarket. Heavy absorption by Cuban interests early was offset later by increased trade and commission house offerings. Renewed uncertainty over outcome of sugar legislation at Washington was ap- parently causing reselling by some of the recent buyers. No. 3 contracts advanced 3 to § polnts, then ' reacted points. with July g from 2.2 10 251 and 2,95 to 935, to 1 gent higher, 2213 in the MON TREAI. SILVER Rf“d" July 3" > :gm er futures steady and _unchanged September, 44.40b; ‘| profits surtax, | like 1936 quarter. | Firemans Nwk (.30) _ | stock. This compared with $627,114 or | one at Buffalo, | plants in Pennsylvania | Security Dealers' ‘Asso With $380,619 for Same t 1936 Period. By the Associatea Press. NEW YORK, July 22.—Atlas Powder Co., makers of explosives and sup- plies, with principal plants in Penn- sylvania, Missouri, California, Michi- gan, Illinois and Tennessee, for the June quarter reported net profit of $506,741 after charges, equal to $1.68 a common share, against $361,081, or $1.10 in the preceding quarter and $380,619, or $1.11 in the like 1936 quarter. No mention was made of provision for undistributed profits sur- tax. sons living in the le Safeway Stores. Safeway Stores, Inc, and subsidi- aries, national grocery chain, for the six months ended June 30 reported net profit of $1,764,256 after charges, but before undistributed profits sur- tax, equal to 59 cents a common share, against $1,479,767, or $1.26 in the like 1936 period. Southern California Edison. .Ov" 50% 40%-50% [} ao%a0r% [T 20%-30% Dhn than 20% ing; city of that state. Thus, 699 % of the incore tax re- turns from the state of New York came from New York City Placed on Market by Morgan Group. * Associatea Prags EW YORK, July 22.—Public offer- | ing was made today of $25000,000 Westchester Lighting Co. genem] newt- | Bage 3'4 per cent bonds by a syndicate | headed by Morgan Stanley & Co. at 10272 and interest. Seaboard Finance, Public offering was made of 20,000 | shares of preferred stock of Seaboard | Finance Corp, Washington, by a group headed by Leach Bros, at $3050 a share. Proceeds be used for work- 48 Other Leading Cities: Akron Buffalo ... Columbia, S. C. Columbus, Ohio Fort Worth . ing capital, Grand Rapids San Francisco Shreveport ., Toledo ... Tulsa ... Youngstown Steel Car. first public finan stown Steel Car Corp Ohin, was made in the form of 5 shares of common stock. offered by a group headed t Co. at $8.50 a share. Procee used to liquidate current obl Southern California Edison Co. for the June quarter reported net profit of $2,819,436 after charges, but before undistributed profits surtax, equal to 49 cents a common share, against $3,- 130610, or 59 cents in the like 1936 quarter, Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md,, July 22.—Pota- toes, 100-pound sack, 50al1.10; barrel, 1.35a1.65; sweet potatoes. old, bushel, 60a1.25; new, bushel, 1.00a2.00; half bushel, 1.00; beans, bushel, 90a1.00; nearby, bushel, 65a1.00; beets, nearby, bunch, 11;a2; cabbage, round type, bushel, 35a50; carrots, California, crate, 3.00a4.25: New Jersey and Pennsylvania, dozen bunches, 30a40; nearby, bunch, 2'7a3; cauliflower, crate, 1.90a2.00: celery, crate, 7522.00; corn, nearby, field, dozen, 8a10; sugar, dozen, 12a18: cucumbers, bushel, 35a 60: nearby, half hushel, 25a35; let- tuce, California, Iceberg, crate, 1.75a 3.00; Eastern, Big Boston, crate, 15a 50; lima beans, bushel, 90al 50-pound sack, 50a75: peas 7582.25; peppers, bushel, nearby, half bushel, 50; by, half bushel, 25a33 40a75: 12-quart basket. by, half bushel, 40a65; appies, b qml nearby, half bushel, 15a30; cantaloupes, crate, 50a90; packed lo- bushel, 25a65. nearb; Pacific Finance. Pacific Finance Corp. of California, loan company, for the June quarter reported indicated net profit of $436,- 093 after charges, or 80 cents a com- mon share, against $477,748, or 95 cents in the like 1936 quarter. American Radiator. American Radiator & Standard Sanitary Corp. and subsidiary and af- filiates, heating and plumbing sup- plies manufacturers and distributors, for the June quarter today reported indicated net profit of $2,080.785 after charges, but before undistributed equal after preferred dividend requirements to 20 cents a common share. This compares with net profit of $1,648,624, or 15 cents a common share in the preceding quarter and $1.116,411, or 10 cents a common share in the like 1936 quarter. hushel, 75a1.00; Houdaille-Hershey. Houdaille-Hershey Corp., maker of | automotive parts with principal plants in Michigan, Illinois and New York, reported for quarter ended June 30 net profit of $1,020.468, equal after | dividend requirements on preference stock, to $1.16 a share on class “B” Honevdews, crate Kleberries, quart, 10al5; peaches, bushel, 1.75a3 half bushel, 75a 2.15; nearby, half bushel, 30a50; ra berries, red, pint, 6a10; black, q 11a13; watermelons, each, 12a25. Dairy Market. Live poultry—Botlers, Rocks. pound 20a23; mixed colors, 20a22 poor and thin, 15a16: Leghorns, 172 20; fowl, 20a22; mixed colors, 18a20. 15a17; roosters, 12a | 14; ducks, | 66 cents a share on class “B" stock in preceding quarter and $1,010648 or $1.15 a share on class “B" stock in the June quarter last year. McIntyre Porcupine. McIntyre Porcupine Mines, Ltd, | operator of gold properties in Canada, reported for quarter ended June 30 net profit of $853.875, equal to $1.07 | a share on capital stock, against | $810.016 or $1.01 a share in June quar- ter last year. dozen. 21a 25a26.; cases receipts whites, large. receipts, 1.293 . pound, 34a35 to fancy, cream 31a32; packing stock, 16al7; 19a20; receipts, 955 tubs. Live Stock Market. Cattle—625, including 400 hold- overs: brisk trading on practically all offerings; market generally 50 cents higher than Monday; bulls. only 25 cents higher but some steers more than 50 cents up: medium and good grade 1000 to 1 pound steers mostly grass fat, 11.00a13.00; plain light weights, 800a10.00; scattered Wickwire Spencer. Wickwire Spencer Steel Co., several plants in Massachusetts, and N. Y., reported June quarter profit of $600,694, equal to 63 cents a share on common stock, against $120.998. or 13 cents a share in June quarter last year. A. M. Byers Co. A. M. Byers Co. and subsidiary, pro- ducers of wrought iron pipe with {or the June | quarter reported net profit of $22.- 012 after charges, but before undis- tributed profits surtax, equal to 39 cents a share on 7 per cent preferred stock, on which there are dividend accumulations. This compares with net profit of $138.861 in the preced- ing quarter, equal after preferred di- vidend requirements to 15 cents a common share, and $6.133, or 11 cents @& 7 per cent preferred share in the with | above; good few on heifer medium grade | 8.2529.50 or grade cows, 7.00a8.00; order to 8.50; plain ar fat cows, 550a6.50; bulk low cutters and cutters, 4.00a5.25; plain and me- dium bulls, 6.00a7.00 mostiy Calves—150; vealers steady to strong; good grades, 9.50a10.00, mostly, odd head choice to 10.50; plain and medium, 7.00a9.00. Hogs—600: mostly higher than Wednesday: butchers little changed; good and choice 170 to 210 pounds, 13.00a13.20; practical top, 13.20; 220 to 250 pounds, 12.50a13.00; 260 to 300 pounds, 11.75a 12.25; 140 to 160 pounds, 12.75a13.00: 120 to 140 pounds, 12.00a12.50; good packing sows, 10.50a11.00; mostly around 10.75; hogs from doubtful areas not represented in above prices. Sheep—800, mostly 25a50 cents higher than Wednesday: good and choice 70 to 80 pounds ewe and wether Spring lambs, 10.50a11.00; part deck choice 74 pounds average, 11.25; bucks, 1.00 less: plain and medium weights, e 10a15 some weighty Consolidated Film. Consplidated Film Indu and subsidiaries, developers, printers and distributors of motion picture film. with plants in New York, Cali- fornia, Connecticut, Pennsylvania and New Jersey, for the June quarter re- ported net profit of $148.713 after charges, but before undistributed profits surtax, equal to 37 cents a share on $2 preferred stock, against $186,024, or 46 cents a preferred share in the like 1936 quarter, tries, Inc., INSURANCE STOCKS skips below 8.00; flat clipped ‘slaughter NEW YORK. ewes, 3.50a4.50; old thin sheep, 2.00 or less. Juiy #).—New York n Bid. Asked : Sea Food Market. Catfish, per pound, 5a6; 8al0; carp, 3a4; eels, 8al0; dressed, haddock, DIVIDENDS with SAFETY When you de- posit funds with this growing in- stitution, you are assured of two things. First, PRO- TECTION, through security by carefully selected First Mortgage Loans. Second, SAFETY, through rigidly enforced principles which lead the way to Success. At pres- ent our dividend rate is 5%. For full particulars, phone Conn Gen Life (:80) Contin, Cas (1.2 Fid & Dep (4a/ Frank Fire (1a) Gen Reinsur () Glen Falls (1.600 _ Globe & Rep (.80a) Globe & Ry Great Amer (1a) Hanover (1.60) Hartford Fire (2) _ Home Fire Sec Home Ins (1a) Homestead (1) N Rnickerhocker (R0) Lincoln Fire Maryland Cas Mass Bend 1312) Natl Fire (2) Natl Liberty ( 20a) N Hampshire (1.60a) N Y Fire (.R0a) Nor River (1) Phoenix (2a) Prov Wash (1) Revete (P) In (1.30) Ross'a Ins (.60a) St Paul Fire (fia) Soringfleld _(412a) Sun Life (7! Ap Travelers (16) U S Fire (2) S5 Westchester (1.208) a—Also extra or extras. Declared or paid 50 far this year. The Northwestern Savings and Loan Association Incorporated 1906 107 Carroll Street Takoma Park, Md. SHepherd 2693 First MorTtcace Loans District of Columbia, Nearby Maryland and Virginii 5% Terms from 3 to 15 years Also Monthly Payment Loans RANDALL H. HAGNER & COMPANY INCORPORATED Homes Apartments Business Properties MORTGAGE LOAN CORRESPONDENT N B e Sokuroncs Gomglimy 1321 Connecticut Ave. N.W. Telephone: DEcatur 3600 0; onions, ( half | 50a | 125a1.50; | all kinds, | good | | cents throwouts mostly 8.00a9.75: odd head | 8a10; mackerel, 5a6; white perch, 6a8; yellow perch, 10a12; trout, 5a6; blue- fish, 10a12; flounders, 10al12; croakers 4a5; spots, 4a5; hardheads, 4a5; but- terfish, 5a6; soft crabs, 1.25a2.75. hard crabs, barrel, 3.50a4.50; dozen, 30ad5; crab meat, pound, 25a35; shrimp, 15a 0: clams, large, 100, 80a90: Cherry- stones, 60a65; Little Necks, 50a55; frogs, each, 25a35. Tobacco Market. Maryland farm leaf nondescript, 3a4 per pound: common, 4al0; me- dium, 10a30: good to fine, red, 30a40; seconds, common, 3a7; medium, 7al5; good to fine, 15a35. Grain Market. Opening prices were: Wheat—No 2 red Winter, garlicky, spot domes- tie, 1.22'5: July delivery, 1.22'5. Set- | thng prices were: Wheat—No. 2 red Winter, garlicky. spot domestic, 1.22'4; July delivery, 1.22%. Sales of cargoes on grade at 1.23, 121, 1.19] and 1.17, respectively, 4 and 5 red Winter, garlicky Corn—No. 2 yellow, 1.20. Western billing at a premium over this price Cob corn nominal Oats—No. 2 white, domestic, 62a72 No. 3, 61a7l; except grain on track, there is an additional charge of 1', cents per bushel for storage and ele- vation on &ll sales of oats, Rye—No. 2, 85a90. Barley—65a70. Hay—Receipts generally light, and. while market is dull, values are well Good, choice timothy and clover-mixed hay are selling mostly 1700 to 22.00 per ton, but poor grades are hard to move and the mar- ket is irregular on all grades below ~Market quiet under liberal receipts, but prices hol at 13.00 per ton for No No. 1 oat straw. Lower sales at irregular values. fairly steady 1 wheat and grades slow FOREIGN EXCHANGES. W YORK. Ju Fra Italy, demand. 5.26%a Demands - Belgium registered. 23 loads medium hetfers of mostly cow | for Nos. 2, 3, Harrishurg Steel. An underwriting group headed by D.M s }(;La-v\ & Co. offered 49790 shares of capital stock of Ha irg Steel Corp. at 5 & share. The of- fering does not esent new financ- ing on the part of the company, ths stock having been acquired from shareholders {Rockefeller Seat On Stock Exchange To Be Transferred By the Assoclated Press NEW YORK, July 22—The New| York Stock Exchange membership of the late John D. Rockefeller was| posted for transfer today to Laurence S. Roekefeller, his grandson ‘The Rockefeller membership was purchased in 1883, and was held pri- marily to save commissions in security | ., o e dealings. Rockefeller never took an | Lo e USed 0 repay active interest in Stock Exchange af- | fairs. Laurence S. Rockefeller is the son of John D. Rockefeller, jr Two weeks from today the Admis- sions Committee of the New Yor! Stock Exchange at its session w ballot on the transfer, and if the com- mittee acts favorably the seat aut maticall becomes the grandson property. Laurence Rockefeller, it is under- stood, has no present pians for enter- ing the brokerage business, Food Machinery. ring of 40.000 shares of cumulative preferred stock of Food Machinery Corp. of San Fran- | cisco was made toda i body & Co. and M at §103 a share. Par bank loans OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM'S FURNITURE HOUSE . T. W. Stands Blst Year of Progress PRODUCING STATIONERS PDIDE ST ‘N-W w York in | Moley for Construction Loans and Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY | GEORGEL. BORGER 643 Indiana Ave. N.W. Nat’l 0350 ON Nnvy Yard Credlt Union of ict_of Columbia. at the elose on June 30. 1937 i response to call made by Comptrolier of the Currency. under Section rict of Columbia Credit Unions ASSETS. Loans 2. Tovestments Deposits in banks hand . U pr Stker Habiities Total liabllities District of Columbia, ss JOSEPH H. LAUER creditunion. do solemnly the foregoing statement 16th day of July. 1937 (Seal) HERBERT C. EARNSHAW Notary Public. Correct—Attest THOMAS I HUGHES, ¥ 5 BARNER Directors treasurer of the Tibed ‘before me this | *““Sure, and you could get your work done in the daytime if you had one of those ROOM COOLERS' % ® Any one who “gets these days will tell vou Kelvinator Room Cooler is the simplest, quickest, and most eco- nomical way to beat the heat in home or office. It cools the air without giving you a chill , . . removes the wilting humidity . . . filters out dust and dirt . . . lets you work, play or sleep with the window shut, in cool, quiet com- fort. around” that a Come in today and see the air- cooled Kelvinator model that needs no water, no drains, no special electrical wiring. Costs no more than two or three good typewriters. Use less than 8c 1022 15th St worth of electricity on the hottest | !, Flease rush fuil information en alternoon. Four other smart new | () I want fo diseuss a complete Kelvinator models cover all needs .| #Ir-pepditioning instaliation. of larger - than -average sized | ( ) for my home. rooms or offices. All are avail- able on easy comfort-budget terms if you choose. KELVINATOR Division Nash-Kelvinator Corp. 1022 15th St. N.W., Dist. 2701 Open Evenings Until 9 P.M. MAIL COUPON TODAY KELVINATOR Division Nash-Kelvinator Corp., N NAME - ADDRESS ____ Seaboard Finance Corporation $2 Cumulative Dividend Convertible Preferred Steck Leach Bros., | New Yerk H. P. Wood & Besten, Mass. No Par Value (Convertible through June 30, 1942) and 00,000 shares of Common Steck, par value $1 registered for conversion purpeses enly PRICE $2 Cumulative Dividend Convertible Preferred Stock $30.50 a Share Prospectus may be obtained from the undersigned Primeipal Underwriters nc. Johnston, Lemon & Co. Washingten, D. C. Reynolds & Co. Providence, R. L Co.