Evening Star Newspaper, July 27, 1937, Page 16

A—16 #xx FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., TUESDAY, JULY 27, 1937. FINANCIAL. ) VOLUME CLMBS [TRANSACTIONS ON THE NEW YORK STOCK EXCHANGESIS RRECILIR By Private Wire Direct to The Star. Prev, 1037 Stock and Bales— Nei | Prev.1937 Stock and Bales— Net Prev. 1937 Stock and Bales— Net Prev. 1937 Stock and Bales— Net |High. Low. Dividend Rate. Add 00. High. Low. Close.chge | High. Low. Dividend Rate. Add 00. High. Low. Close. chge. | High. Low. Dividend Rate. Add 00. High. Low. Close. chge | High. Low. Dividend Rate Add 00 High. Low. Close. chge. | 8% Curtiss-Wright____ 45 6 6 — | B4% 25 Mead Corp (34)--- 1 2Bt 28% 284 — 5| 343 25% Shell Union (%g)_. 3 204 204 20% — | 55 d441; Abbott Lab (1.60as. 2 50 49% 49% — 23% 161 Curtiss-Wright A__ 19% 197 — 14| 16% 91 Mengel __ 6 113 11% 11% — % | 105% 102 Shell Un pf (53%) 2 104% 104'5 10415 .U, 8415 63% AcmeSteet (4) ___. 3 82% Nl 82y 907 Cutler-Ham (1g) 5% 75% 4T% 34 Mengel 5% pf(215). T0s 40% 40 40'5 +1 | 68 40 5 50 50 Simmons (1g) - -~ - u| 224 15 Adams Exp (.30%) .. 7 19% 19 19 1814 Davega Stores (1a). 15% 72% 58 Mesta Mach (2%g) 1 65% 654 65 60% Skelly Oil (.50g) 4 5 5815 HRY — 1y 280 2215 Adams-Millis (2) 124 24 24 109 © 99% Dayton P&L pf 4% 23 102% 26 14% Miami Copper .11 194 19 19% — 4| 197 85% Sloss-Shefficld S& I 408 161 165 <4 = J Busi W 0 641 iir)";ed;w(l?r:w(l;!)- 12 z;n BRTIN 14315 104% Deere & Co 140 1o5% 204 Mid-ContPet (%g). 19 32u 324 32% + % 4 Smith (A 0) = 33 33 -2 5% aska Jun (.60a) -~ M 31% 254 Deere & Co pf(1.40) 27% 20 96 Minn-Hon Reg (3). 1117 17 1T +2 Smith & Cor (hg) . 215 321 i s une Business Well Above 5% 2% Alleghany . . 34 29 177 Deisel-Wem-G (1) . | 124 108 Minn-Honpf B(4). 208 118 118 nider Pack (1%8)_ T Store and Specialty Issues . 45% 30'3 Alleg Steel (.80%) _— 34 334 B3 + s | BRy 33 Del& Hud . 3 161 Minn-MolImp 10 14 13% + p —Vae (1 210 : . 1936 Contrasts With 25815 215 Allied Chem (6) - 23915 39 2413 13% Del Lack & W p 6% Minn StP&SSmM LI 40s 3% 815 OSONY a0 L AE): 2L 2,“._ : Gain, While Many 34 1 1 1 1 23w 20 Allied Mills (2g) - 251 2 3615 Diamond Mat (1a) . 3| 34 Mission Corp (1g)-. 2 29 28 3 SouAmGaRGI0n - L ¢ Oth Decli 0 P RS s 14 5 ers Uecline. 74 Allied Strs pf (5 79 79 q ? % Diam T Mot (158) - 34 Mo-Kan-Tex pt 5 5 " AL SoEetlo RIS UL, 1"; L 1 R 1 > Drop Elsewhere. 15 Allied Stores (.20a). 19% 19 19 40' 331 Diam Mat pf(13:a). 3 33% 3 9% 512 Mo-Kan-Texas 5 i ; 2 22 Sou o Ricg Sug (2) BY EDWARD C. STONE. 2 61 ‘:I!HltLhal‘?mrstlfi) 5 6 29 Dist Corp-Seag 2310 S MoTacito (r) : e ) Business on the Washington Stock 83 Am Ag Ch Del 2 9515 f,f 4 })2:‘,"‘,":&,1,32,'1 (.,;f_)‘ 4 407 Nonao Cn(ves y 2 3 E g L S - : 16v 461 Exchange in June showed a marked | 4 ';:2‘- ::m :‘rml‘: N 2 9l 2 12% Dominion Strs . 9 9 9 + 104 5 MonsantoCh 11 31011 101 5 -.”.;’m’,",(;‘ y Bt ; Rank N pf (3 3 7% 474 Douglas Alrcraft 9 5 2| e Montgom Ward 631 631 5 5 0 increase in both dollar value and i k T 0! 3 alding 1t pf 608 60 61 57% Am Brake Sh(1%g) 5 159% 116 Dow C 2.608)_. 3 5% 3 Mother Lode 1% 1 4 ¢ r N T volume, compared with the same! 121 90l Am Can (4a) 3% 2415 Dresser B 16y 2. 274 . Motor Prod (1758) _ 348 5" 20 Shencicell 6003 % 20w s0n 20w period in 1936, and disclosed an up- 1oz Am ;;:gffi e ¢ 18014 14816 Du Pont de N(2%g) 3162 16 7'2 Motor Wheel (1.60). 1 2113 Sperry Corp (le) 9l e1gi g Je)l 8 s | 17 91 Bastern Roll 25 124 ? Mulling Mfz B new 1315 E 4 Spicer Mfg > a2 ward trend against a downward move- 77 AmCar & F pf (42). % 181% 151 Kastman Kodak (8). 3 4 9 Murphy (G C) 3.20 .. 7 75 3 3 1912 Splegel Inc (%g) . p: y , 2 ment on most of the other stock| 32% 28 Am Chain& C(lg). 29 3712 2914 Faton Mfg (1%8) - ; : §102 Murphy o )~ 107 107 a5 & Spleselpt (4ky a1 a0y ¢ e exchanges of the country, the Securi- :1,2:.' am Colortype 6 16 10% Eitingon Sch 214 2 Murray Corp 13% 133 1 . 37% Square D Co B.60g . T e ,,,? ties and Exchange Commission re-| soi¢ 20% Am Comel Alco 29 21% I Paso N Gs(1.60)_ 241 2 3 Nash-Icelv (1) 019% 19 Stand Brands LEH- 37 low ___ 879 361 ported today. S EYStalS A e Lo ! ’ 4 5 34% Elec Auto Lt 1.40g . 9 36 : : <h Chat & StL_ e S ConlethE s, s 1936 high___ 99.3 435 4 Am Crys Sug pf(6). 31y 93 3 9% Hloc Boat 4 Natl Acme (% g) 7 tand Gas & EI (r 3 1936 low____ 734 302 The dollar value of all sales on the| 13'a 5% Am Encaustic Til - 4% Tlec & Mus (186) 4 ; ] Natl Aviation 4 3 B ST e aE o oot 1932 low__ N E Washington Exchange in June was| 13% 6'3 Am& Foreizn Pow. 27 Ti% BIRC Bow G Iit i 3 a2 Natl Biscuit (1.60) g . 39% Stand Oil Calif (1a) 12 4 44 2 929 high___14691539 1 $192,095 in comparison with $145514| °%7 Am& DD 36 pe. 921 62 ecP & Lpf 2 7 7 7 (1 Cash Reg ( g 347 | : Stand Oil Ind (1a) . 2 BT 46l 467, 1927 low 516 953 in May. the report stated. In the| ag o B STnL D EO! = 2 325 Blec Stor Bat (2) 3 1a Natl Dafry P (1.2 Stand OIINJT (1a) . 26 Tl 71 71 stock division alone the sales value e or T 2ot L 1k Horn Coal pf ola Natl Dairy PpeB(7) 2 Starrett (1. .z 40 40 i > o'x Am d ¢ Lea 3 o P i ;: b 2 24 i Natl Dept Strs ' % ) 2 P g 1 3 (L 1g Publi - 1 Na i - 2 3 6. terling Prod (3.80) X 63 63 in dollars amounted to $142,612 40% Am Home Pr (2.40) 3% 47 3 18 DS 1 ww S 6 2 § 3 Natl Dept Strs pf 3 5 ' Stewart-Warn (%a) Ga 18% 181 + 1 against $95.325 in May, while the 2'3 Am Ice 2 5 3 3 3 ¢ uit Off Bldg _ E B : 2715 Natl Distill (2) Stone & Web b 2% 247 : BY VICTOR , UBANK total number of shares changing! * l_ “ .:m :Iflernalmnal 1% 3 ErisRR. . ____ 5 B'a a, Bias Natl En & Stpg (2) - Studebaker % 219 13ta 134 + Associated Pre. wr ownership was 3104 against 2,200| 58 87 AmLocomotive ___ 4% — E 915 Erielst pf 2315 23 ¥ Natl Gypsum - 5 i ? Sunshine Mng (3) _ 1813 1K1z + ! NEW YORK n the previous month. | 125 101% Am Locopt - 4109 ) 7 i & Pitts (3 7 6 30% Natl Lead (%) . 25 3 1 Superheater (1) . 44 e 184 AmM & Fdy (%g)_ 3 2 4 ans Prod (1) W 2 2 : Nat Mal&Si1C(1g) - Superior ¢ 3% b In the bond division, the dollar| 1 «Am M& Met (43g). 2 8 a q 1 2% Fxc 3 s Natl Pw & Lt (.60) L . . ,\-‘\:',.";,r(-a”i,n.,, 5 5 245 u‘: value was not quite up to May, sales 43% Am Metal (Y%g) ki 5 5 E 5 3 3 3 Natl Steel (1%4g) Swift Intl (2) __ 3 32 nvolving a $48483 turnover against| 1f 4;’. Am Pow & Lt 2 v 20% Fairba 231 23 39% 313 Natl Supply Symington ww 3 % 1815 850,189 in the previous month. The A ;h‘:;f;; ; T078 495 Fairbanks Mrse (1a) 587 BBL I NEBISIpEd o Symington xw .3 % 14 principal amount was $30,500, com- Ta% AmiRanie St S sy beJdxio Sug (2e) L Al \ Nl : Welcolu (1) no 2% pared with $51,000, both months be- 21% Am Roll Mill(1.10g) 261, 2 e R B0L NEvHerty ITi2:40) G p sat 5 ' Tenn Corp (Yg) ing a little behind April. The aggregale 2210 Am Seating (4 g) - Sahny : New Ol T & Mx(r) e s galn here contrasts with a sharp 41 AmShipbldg (2a) derat D St (115 3315 34 Newport Ind (17,g) Texascuitao = Summer drop in business on the ”;fj' S M OR) A D Strpf (415) ¥ Al Br (11:8) - 74 | fex Pac C&O (40) . Baltimore and Richmond Exchanges. | '; e aomlnnas S d Phoenix (1.60a) Genial s Tex Pac Land Tr_ The commission also reported that « 48% Am Stl Fdrs (18) 57 57 S ‘ Dock p e b 3 : T;\:u,l,’» the dollar value of sales on all regis- 5% Am Stores (11 . T . 5 A Al 2 10% 10 gressmen 1o tered securities exchanges during the | 7 Am Sugar R 2 : 4 s 4% Follansbes (r) Y Investors (r) Thecmalail. i 4 5 kb ibaodin: - 3 159% Am Tel & Tel (9) __. ] D a3 H (r) 5 5 % + Gl rails were bac first six months of 1937 exceeded the P £ d | .E Food Machine (1a) Thompson Pr(.90g) 1 like 1936 period by 56 per cent. Stock e AT eanco (bohe =t Food Mach pf (412) s Inr e . Thompson-Star [iEhcueb edrlvidee! by s 74% Am Tobacco B (5)_. Foster Whealer " Ont & West (r) : Z s T ot ; point or more were sales increased 8.2 per cent to $14.383,- 128% Am Tobpf (6) . § . : Pl ey ' Shiphlde S . : L : .= | or transformed int 537217, while bond sales totaling 11 Am Type Fdrs 3 14 . e Dloc Ve LCien) 208 il RS e ol $1919,005207 were off 10 per cent 4 10w Am Wat Whai(602). 43 22 2li 21k 5 iller 2d pf 5 i oy et > - s Th it S Tt Am Wonlen 3 = tock Averages (Compiled by the A ng and spe philde pf cam $6pf . 108 Steam 37 pf 1608 Tk & West(10) 13 AR e A Timken-Det Ax(Ze) 7 Trading was 6l Am Zine L & A oy GalRobert) Timken Roll B (3) : : Tk & W o 2 | Transamerica (1) thein amounted to $1,168508,010, a decrease | 91, 477, Anaconda (% SiE 2 Gamewell - i 3 ; 4 5 Trans& West Alr : Yl well mixed at t s of 20 per cent from May and 19 per 79 Anacond W&C 1%g 5 R ; - ,‘,f Mealind CAs) . 4 21 North Am (60g) - G . Ik GO o * were around 750,000 share cent from June a year ago, said the | 4% 18 Anchor Cap (.30g). ; 6316 Gant Am Tros(i%e). 9 65 3 North Am pf () ;5 g ContoFox (1%) 370 368 s| Buying rest report, adding that total sales on the | LOnE o, g 2 » Gen Raking (601 2 2578 Northern Pacific 301 39 20th C-F R pf 11, pic 45 46 . ributed par exempt exchanges were slightly ahead S s : X 14 Gen Baking pe (8) 36 136 13 s enalisine pr 7 Twin City R T 10% | of violencs of May, the increase being 05 per| 2% 13 Armstrong July30 403 2n 2w 2 Wi le D : it i 4 o cent. e 11 Arnold Const (3g). ! e (e~ : p O e 1 Gen El 8 3 &S 8 B 26 1 Omnibus Ry, Artloom * p 5 The fact that business dropped off e : ’ b n K 3 3 9 Oppenbeim ¢ on so many other exchanges makes| 106 92 Assoc In pf ww (5). 9 q g Bee '\]'\H the Washington Exchange status tae ¢ 6915 Atch T Y + ‘v’\ \|-"\:r~ (ayg)- SbtE Lotoresinee 55t: 441% Atlantic Coast Line 8 o : i A2 | ® Gen Mocint (59 5 4 3 AtLGuif&W Ind pf_ B ‘b . Gas Light Common Listed. « Atlantic Refin (1) : 3 e The new Washington Gas I ] Atlas Corp (.80) 5 Sl common stoek—390,000 shares without 13 Atlas Corp nf (: 50t 501y F 31 Gen Real & Ut par value—were listed on the Wash- | = Auburn Auto Gen St Cast pf ington Stock Exchange today. This| g,° Aiptnoholy n Thea kq (! stock is a split-up three for one of | e i 1 Time I | 5 the old Washington Gas $20 par value | a3 4a Raldwin Loc asa(r) & o f : = : Wizl stock which has been on the exchange 5 20% Balto& Ohlo o : | R &1 ; > Panhandie PATL () for many yvears. There were 130,000 | 47 % Ralto & Ohio pf ___ 3 3 2| 5 Gliaden Co. - 2 ; -',u‘mf‘l:: : r) #hares of the old stock outstanding, Sarber Co (Y45 b i Gobel Adolt 2 4 - ul 9 s Paraffine (2z) the mew 390,000 shares taking their | ¢ Goebel Brew (.20a) B : hi o GaaramouneRiot place on the exchange board. The S Sl Speae last sale in the old stock was made | 101 " Re DT v (5)e s At 78. The opening bid for the new % 105 Reech-Nut P (4a) . 21 K Joodyr TER pt (3) stock today was 23!, with the stock 2 18t Bendix Aviat (1 g & 3 Graham-Paige 3 | 1 rarmelee Trans offered at 27. No sales i i« Benef Ln (1321z5). 2 213 % nd Union Sl 12 6 Pathe Film The new Washington Gas Light | Phsse et e JEsat Goanditin pLULLISI) st b2 tessicanD: $4.50 preferred stock will be listed on Reth SU 5% f (1) no18% S e G Wbl e o berney e the exchange later, according to plans ; %g 5 64 63 6 (e T Gi't Mor Oresti%e) t Sin - T e S sl made by the company when the 1ssue 3 24 Black & Deck (%m) Wst Sug(2.40a) 2 Hia Penn-Divie pf A was placed on the market. Tt is now % Rlaw-Knox ( ng a2 5 . Sug pf(7) p 5 Tenn G1Sct (348) being sold over the counter. with 971, o Bloomingdale .85g 3 ¥ d Green (HIL.) (1.60a) Penn : 4 Roeing Airpl SR 334, - 5 % Greyhound (.80 bid and 982, asked. Rohn Alum (3) p Levhoind () 9.874 Accounts Now Insured. 'z 41% Bon AmiB (17%g). int more serl: in the Sino-Japanese win City pf (7k) 3 7 | to the Underwood (1% g) 1'n Bag & P’ (2) - 3 t Un Carbide (2.408) Gainers of fraction 1'n Oil of Cal (.8ig) 5 P G+ 1, |80 at the best w Un Pacific (6) i — 13 | Mar Un Pacific pf (4) = E E: B - 1, McC Un Tank Car (1.60) 9 Stor 1 ireraft (lzg) 2 Poviatis 1 r Lines Al by I'nit Carbon (4) . } L —1 s Unit Corp 3 6 6 *| On the na Unit Corp pf (3) Unit Drug (g 1'td Dyewd pf I"'nit Elec Coal Unit Eng & Fy(1g) Unit Fruit (3) 1 s Imp (1) US & Foreign Se G psum (2) o 1 1 1 1 1 1 1 T 1 1 1 1 1 1 34 Rarke S Hoffman Mach S Indus Alco TS1 her Leather A Lea pf pf 512k . S Pipe (3) 1 alty & Imp _ Ruober - Rubber 1st pf__ q 92 92 teel = R 1 116% 1167 teel pf (7) 3 136 1363, ockyds (13)- W6l 6% - ores A = i 5 5 B 6% 63 niv Pictures 1st pt 68 68 ULIP&LtA(r) . 34 2% 24 3 23 Peoples Gas Lt & C. antanamo Sf‘x % 3 2 2 | I'etro Corp (.40g) Guantanamo pf ___ : : ; feiffer Brew (.60g Savings of 9,874 persons in eight sav- | 21!z Borden (1.60). ' ___ e ¢ Ve g ial 1875 }-n .’:»Jrrwl:ew ; Vadsco tngs, building and lean associations 0. i Hamilton W (12 30% 300 30 — a Phila Rap Trans pt 2 8 a8 P e L in the District of Columbia are now| W Hotans G A iy 2 : Hamil Wath pf (6) 5 5 5 | *hila Read C & 1 1 Vick Chemical (2a) 2 4in a1 insured up to $5.000 on each account| 23 15 = Rridzeport Br 40z . Harb-Walk (1g) . ; i AD% = SILLRI Va-Caro Chem 3 Ria 8, by the Federal Savings & Loan In- W 394 Briges Mfg (10 3 Hat Gosy 4 (CS0E) ¢ 2 i i Va El& Pwr pf(6) 110 110 surance Corp., it was reported today | 1813 Bklyn- 214 a 23 i ZieatComnthi) ] g . 2ot leres OF | Vulean Detin (3g) R0 R0 by Nugent Fallon, gencral manager of | 624 Bk iyn) i SO e 7 ‘ - AR Ea y Wabash Ry (1) - £ . BKIyn & Queens : ; . : L ) At = abash p ; B 83, the corporation. 1 S I:I ““4 knc o x 11's Hecker Prod (.60a) Sie 14 3 93 4 \\Nl“'.rf|>‘\(l i o Assets of these insured thrift and | 4315 Rrown Shoe (3) __ ; ; : Walgreen ( 251 home financing institutions total | 24's 16% Brunswick-Ral . g g joe Lu ) & 3 | Eilialereen vl yan 105 $8.921,194. Other District of Colum- | 25'c 18% Rucvrus-E . 521 3513 Holland F (1g) B 43 a3 I Wrh OICT0R) 1T 2Tm 271 27 ; Nalken S e bia savings and loan associations have | T Budd Mfg i 3 4 Holland F pf « P - ; ' T'oor & (0 B : ::a;:v{:ffl\ i ®ubmitted applications for this pro- e Q“V;"i!“', e | Hollander (1) % Po AmTA . 6 L 011} Waines Bros Bl Section for the funds of their inves- 30% Bullard Co (1)~ Holly Sug (234 &) Caslpiik Warner-Quin (r) tors. ‘e 50'a Bulova Watch (1a) bt e Warren Fdy &P (2a) Unemployment at New Low. ' 17 Rurlington Mills(1) losshoin Bin Waukesha Mot (1a) o 2215 Burr Ad Mch(.65g). L et 3 i3 Wayne Pump(1'22) The number of persons unemployed | 4'x Bush Term (r)_ . ,':""";*:y"'\"‘)"]"‘ 0 » Wesson O Mn the United States declined from Bush T 7% deb (r) oo Soura G5y 'z W Pen EI 7% pf o 9,401,000 in April to 9.269,000 in May, % Butler Bros (.60) T 0SonIE Nan ! '2 W Penn P 6% pt(6) a new low for the current recovery ‘év g"”"(Rm‘V“‘Z‘t) Hudson Motor Purity Bak (.30g) 7 . L ::" "Xt.‘ml\-hfiff o movement, according to the Alexander [ S« 42 Butte Copper & Hupp Motor _ Western Maryland Familton. The number of unem-| j 2; Ml Illinois Central ___ Western Pac ployed persons in May represented a 4 Calif Pack (113a) _ e ) Western Pac pf reduction of 2054000 from the | s Callahan Z-Ld - ::j;',‘,’f;‘,m;"‘f‘.j_‘m;‘fr’ West Union T 11,333,000 persons unemployed in the| 2 2 Calumet & H (%g)._ e Waestinghse / same month last year and a reduc- Tl 24 Campbell Wy (1) . Inter Rap Tran (r). :1::' A“ M ( tion of 7380.000 from the peak un-| I%¢ 2Zh Canada Dry G Ale Interlake Iron__ Wheelmaetl ; s employment figure of 16,649,000 in | T e “,“",‘z) 3 Intl Agricul Wheel Stl pf 215k p 2 o |:2en h, 33 o % 7 E 4 Intl Bus \|a'h’fll\ 1 tor 5 March, 1933. 96 Caro C&o gt (5) 116 Int]l Harvestr (234) White Motor - SOY BEANS ‘The number of emploved persons 9! 6%y Carriers & Gen .10g. % Int) Hydro-Elec A .. White Sew Mach o | July yose in May to & new recovery peak 4 }:: o :H: pr(n) 15k Int Mer Marine _. of 42,110,000 Only 3384000 fewer | 12 e ! 2 = = ) % 85 Caterpillar Trac(2 pereons were employed in May than el racta) Hercules Pow 121 dio Corp - cevpf (312) Keith-0 (r) Rayhest-Man (113). Readin, 3 Reis & ¢ Reliahle Strs (1) . Rem Rand (.708) Rem R pf ww ( Reo Motor . __ Rapublic Steel Rep Stlev pf (3k) Revers Copper & B Revnolds Met (1) Rey Met rts Aug nolds Spr (1) __. Reynolds Tob (3) P N R T L L T I apa s 182 180 180 121 120 120 99 99 378 .‘(TH 761 0 3 o White Sew M pf _ 37 5 Qc 183 Intl Mining (.30%) x Celaness (115g) . s Wilcox Oil & Gas_ 9 5 § Eres 5 b Z ‘s Wils & 13) .- § 97 73% 554 Intl Nickel Can(1g) SR S ] AL 3 At e i 247 Intl Paper & Pw A X 2 - 1R 4 o8 the pre-depression high in Sep- 9 73% Celotex pf (5) <o) Intl Paper & Pw C Worthington Pump A0 40 Sember, 1929, when the total employ- | 3 30 Cent Aguir (113a) 32 | 121% 90w Intl P: aher By, nl: Revnolds Tob B (3) Worthington pf A _ 107107 mené figure was 45,494,000, 1 ]?fl: “":m: (‘"‘1 b 52 313 Intl Silver Ritter Dental (a2) Subscriptions for Debentures. Soie :[‘r;“,ml;;:“';g ‘Bdward C. Baltz, secretary of the 1113 Certain-teed WorP&MpfB - 2 91 91 91 — 110 88 IntlSilver pf (6k)_. 99 99 Roan Antelope 1.11g oy i o : 8o 157 Intl Tel&Tel . 3 48 30 Ituberoid (.60)_____ 3 3 3 Ji Filine trues 25 24n, 1| BELLIES Perpetual Building Association and| &2 G Gortatn % 361 201y Interst Dep S 23 g.. 13 68 iafeway Strs (2) b . Yellow Trk pf 195 1 July g 481, Certain-teed 6% pf 1071100 Interst Dept pf (1) 2 safeway 6% pf (6) 3 3 P Jren Sep. vice chairman of the board of the 107 Champ P & F pf (6) 17 Intertype (.30g) - . % <t Josenh Lead (22) 3 59% 5 4 i Young Spring ( 40 401 — 1y ‘Winston-Salem Home Loan Bank, said| 90's 67 ChesCorp (3) today that the Winston-Salem bank; 687a 50'% Ches & Ohio (2.80a) had subscribed for $3500.000 of the, !3'z 6's Chi& EastIllpf(r) new issue of $28,000,000 Federal Home | J3'¢ % (hIGt West nf (1) Loan Banks 11¢ per cent consolidated | "1, et (‘i M ¢ e ® 4 AN R E B A S A W DB 1 P DM 1 W b D 22 ) S g3 +a1.24 101« 74% Youngstn 20 91 901 903 — X Cash Wheat Market. 120 Johns-Manville (3) 3315 133 2 n Fran (r) i Youn . 3 % ChiMStP&P (r) . o AnInel0T 5 3 5 SR A 115 97% Yngstn S&T pf 5 100 100 +1i| Cash wheat. No. 1 red, 123! John n B N 3 : 1 5% 367 367 + | No, NG A Kaufmn Dep 1.20g _. Y% v 27 « Savage Arms (%4g) k | 40% 30 Zenith Radio(1 367 36 No. 1 dark hard l.] No. 2 mixed, debentures, dated July 1, 19 and T4 3% Chi M St P&P pf(r). maturing July 1, 1938. The new de-| @4 3 Chi&N W (r) ! ot s 4 5 9l 47 Zonite Prod __ 5'x 5lx 5% — [ 116al.19; corn, No. 1 vellow. 1.04 Cel-Hayes Wh B ___ 3 : 38% Schenley Distill(3). : 313 431 - o S al.l n, N llo v K?Hlfiif?,:n < 3 Schulte Ret (r) 3 Approximate Sales of Stocks on lhe N. Y. Stock Exchange. | 105';: oats, No. 1 mixed, 2874a31; Keystone S&W (.60) 5 ; 5 5 Scott Paper (1.058) 0 AN 190,000 12:00 Noon_.____310,000 |No. 1 white. 2a33'y: rye. No Kimberly-Clark (1) ? 2 eaboard Air L (r) 28 ROPM_ o 410000 2:00 B ,000° {8512a87155 soy beans, No. 3 veli o J S Kinney (G R) 5 ; 4 Seaboard AL pf (r) 2§ Total Sales for the day. 740,000 Neiior new Mo G i 85 b:z“’;"" Arefpciced ""‘ FLOUYS18 w0} 2? o L:f‘:in‘\m“.rzél”) Kinney (G R) pf___ 2 hdls Seaboard Oil (1) — 3 2 4 s Unit of trading 10 sha feed & qg(, il mmmf 3065 i 04 per cent. IU was said today | & 2 ChiR & Pac (r) Kinney pr pf = 3 3 “ eagrave Corp ____ R rIn bankruptcy or rceivership. or being reorganized under fn e e 5 that banks and corporations seeking| 3% 2 Shinle bac ‘fr)( 5 KicsgeDiristores E ears Roeb (3) _ 3 9% 941, bankruptey act. or securities assumed by such companies | nominal: timothy seed, 2 90a3.00, & ; | “CRI&P 6% pf (r ; : principel buvers, " The - ssenition| LR e o e | 14 Chi Yell Cab(1%g) - 1 | 81 Chrysler ( associations in Washington and else- 174 City Ice & F (2)_ Kresge (SS) (.60g) 3 7 26 Servel Corp (1a) - s 3 301, | Rates of dividends in the foregoing table are annual dis- where in this district. 6% City Stores S . 5 S s bursements based on tbe last quarterly or semi-annual declara- Sliima i Kress (S H) (1.60) 29 Sharon Steel (1.20). 358 351 o TSt e aeaon i lor e Amnua dsclare ] Baltimore Quatation: o, 3 . « Clark Equip (1.60) Pennsy's June Net Lower. + Clev EI Tl pf(434) Kroger Groc (1.60) - 95 Sharon Stlpf (3) 1031 1031 | included ., BALTIMORE. July I‘a::’adv Gas (.50) p 9'y Sharp & Dohme L 107x x Ex dividend. xr Ex rights. a Also extra or extras. e Pald ed Win The Pennsylvania Railroad reports| 46x, '35 Clev Graph Br (12) net railway operating income for June 97 % Cluett Peabody (1) ¢ 56 G . last_year. fPavable in stock. & Declared or paid so far this Lambert (2) harp & Do pf 315 _ 56% 5 56% at $6,164,913, a decrease of $508,251 Colgate-Palm ( s o1 year. hCash or stock. k Accumulated dividend paid or de- Lehigh Port C (11%2) 5 4 12 Shattuck FG (.60) . 9 14w 14'x + ' | clared this vear. g Winninez Prices. over the June, 1936, total. Freight B! 4T 'jollln:s&.uk (2a) . revenues were up $2,262,908 and pas- s 31 Colo Fuel & Ir (1g) 4 Lehigh Valley Coal. 2 | WINNIPEG. guly 27 .—Gram Lehigh Val Coal pf_ o senger revenues $581,475. Railway op- :3" :‘g]‘flfé‘;{“‘{"’ 1_)’:“ I;l erating expenses, however, were also 4 £)-- ] N e S PN A T A DWE D0 a NN 100 Tanign Valley 1 R Z35DAILY OIL OUTPUT |INVESTING COMPANY |PROFIT OF BENEFICIAL | "Wiraz 2813 Col Pict vte (1a) 36 Lehman Corp (1a)_. J il much higher—$3,777,520 over the 5,‘1‘1 Col Carbon (4a) 14% Lehn & Fink 1%) B uP 16,075 BARRELS SHOWS LARGE GAIN| INDUSTRIAL LOAN UP same period last year. 69% 56% Comcl Credit (4)___ OB IO RIC LSS E) G Special Dispatch to The Star EbecisiDispateh toiThIBtaE 9% Libby McN & Lib _. 3 2 —_— NEW YORK, July 27—Report on| NEW YORK, July 27—Beneficial ‘ Today's report revealed a net rail- | 80% 63% Comel Invest Tr(4). way operating income for the first six | 120, 1037 ComelInv T pt 43 .4 B ey IS «S [OPS PRSI |- JOTOT- < 1Y 1+ o+ 4 o w3 37 L EFOFS i 2 B o FEFESEREER @ 25% Life Savers (1.60a). Fundamental Investors, Inc., for six | Industrial Loan Corp. and subsidiary e Both Oklahoma and Texas Report | | o ™0 iey une 50, certified by | corperations report or the six months NEW YORK COTTON SOl Pl R Te = Large Increases During independent auditors, shows total net | ended June 30, as more fully set forth 51% Link Belt (2) Last Week. assets, with investments carried at|in its semi-annual report being sent | Bs the Associatec Press. 26 Liquid Carb new » a8 eexs market prices, amounted to $10,697.- | to stockholders, consolidated net in-| NEW YORK, July 27.—Cotton was ths of 1937 as $35.609,199, an in- | et 13 Gomel Solv (60) gy By the Associated Press. 776, equal o $22.37 per share of capi- | come of $3,511,789. steadier today as liquidation sub- mont HONS, 00 7 4% 2 Comwlth & Sou 1 Loft ... —] - | tal stock. . s th ket res d t crease over the first half of 1936 of | 75% 46 Com & Sou pf (3) 50% Lone Star Cem (3)_. TULSA, Okla, July 37—Produc L . This compares with $2,881,324 for ;izd":'npd mr:x r:arfl;d :;rr:]r;xxi‘i ”:d: $615233. Freight revenues were up | 45% 34 Congoleum-Na (2)_ 5% Long-Bell A __ ___ tion of crude oil in the United States This compares with $5591,266, or | the six months ended June 30, 1936. 215 4 stic i 178,182,007. | 33% 197 Consol Aircraft 281 Loose-Wil Bis (2) _ i n average of 16,075 bar- | $22.82 per share, and $2388,981, or | After ppyment of dividends on pre- | demand. $24,670474, reaching $ /i1 B - increased a g Passenger revenues scored & gain of | {5, 52 (o0 SIS RO 8% b 20 Lovitard (By (120> rels daily during the week ended | Sa iegeo, e e oame dates | ferred stock series A, earnings ap- puDiinese hs qulefer however, Rith Sk B 3115 Consol Ex 50g) . 28% Lori . in and . Net income from ble to the 2,314,989 shares of | traders showing an inclination to $2435511, while other similar reve 9913 Consol Edis pf (5) 147% 127 Lorillard pf (T) - July 24, to an average of 3,581,272 |all sources for first six months of | P 20 . L. 5| seait aevelogments foawiig the e her, making a total gain 1y O o 283, 1 G&E | common stock outstanding June 30, nues were higher, g 8! 5 's Consol Film 283, 19% Louisv G&E A 1% _. . - ; b 5 of over $29,000,000 in operating re- 10 Consol Film pf _ 41% 2914 Luldum Steel (1) barrels daily, the Oil and Gas Journal | 1937, after expenses and taxes, Was | 1937 were equivalent to $1.35 per | cent declined of about $8.50 a bale turns. Operating expenses cut into the | 13's 9% Cons Laundries 24% McCall (2) : reported today. $281,423. 3 | share, compared with $1.08 per share | from the July 9 highs gains heavily, showing an increase of » 14'3 Consol Oil (.80a) 244 McCrory Strs Oklahoma had an increase of 6375 Investments costing $9,476,543 had | on the 2,314,989 shares of common Rallies of 16 to 21 points by midday more than $26,000,000 over the like 43 Consol RR Cuba pf_ 2 McCrory St pt (6) - 3 ks g market value of $9,835,033 on June | stock outstanding June 30, 1936. were not fully maintained owing to 1086 period. i B ool contot s Megeaw H L2 B1). barrels daily to 637,275. East Texas| 30, 1937, compared with investments scattered realizing and advances and 2 QEH oos Sons0 LoRUDLL 32% Mclntyre Porc (2)... Increased 1,097 to 475,797 and the | costing $3,575,282 with market value SUthe siartiof thic Tnst hor the mars Pianos Feature Convention. 20% Container (1.20)___. 311 McKeesport T (2)__ of $4512,138 on June 30, 1936, and | Eit it 1t Fomer L. Kitt of the Homer L. Kitt eg“ 53“ fion({?akng B . 3 A % 125« McKesson & Rob o total State of Texas registered an in- veental catingh M9 2 6345 FiEn | M._K‘,T' CHIEF P0|NTS pxn)cx::s 4 m“hlcgm;:vg nrlndh‘;;h;w = 5 Y ontl Can (3) ... 2 42% McKess & R pf (3) - , L 1932, mber, W] ad 5ol O Co. and Charles P. Rouse of E. | 35% 181 Contl Diam Fib(ig) 121 McLellan Strs(% &) 1 crease of 1537 barrels daily for an | marget value of $2,142,013 on June 30, TO EARNINGS INCREASE | 1095 to 11.09, was quoted at 11.04. m fnfio":mcfim’“zo:ve;n;nfl and| 42 sz\, gonll Ins (1.60a) 40% Mack Trucks (1)-_- L 4 average of 1,424,820 1935. s i by oG yB i 3% oniotor - 44 Macy (R H) (2a) ’ Louisiana had a decrease of 225 e e By the Associated Press, High. Low trade show in New York of the music| 49 39% Contl Oil(Del)1%g- 42 Magma Cop (1%8)— 4 A % Octobe 1119 11,0 industries. Particular interest is| 77 6214 Corn Exchange (3)- 6314 3% Manati Sugnr ) barrels daily o 259,100, and Califor- DIVIDEND IS ORDERED. NEW YORK, July 27.—Matthew f‘ Octoner ~ iR 90 being focused on the exhibits of pianos | 71% 54% Corn Prod (3). 14 Manati Sugar pf_ nia increaed 2,500 barrels daily to NEW YORK, July 27 (Special).— Sloan, chairman and presidfi:m gr the 'a'/f.",‘i?," ! because boom in this in- [ 10% 6 Coty . % 6% Man Ry mod gtd (r) s Peansst lass’ Sand Corp. has | Missouri-Kansas-Texas Railroad, ex- | it ShH ; e tie. | L Belh40) Granaich 508 il 670750 Kansas' production was up | Pennsylvania Glass S o Do | pressed satisfaction today 'with the | July Hie T bt mosnt 30 years. Every | 121 118% Crane Co pf (7). 1168 1168 9% Marine Midl (.408)- 7,000 barrels daily to 204,450. e o “common stock voting. trest | T8llroed’s June statement of earnings. | Svot qulet; middiing. 11. : 114 1004 Crane Co cv pf. 114% 114% 10% Narket St Ry pf_ : : x : — other type of musical instrument is| 28w, 1814 Crossley Radio 20% 201 19% Market St Ry ;l‘p 2 3 Eastern States, including Michi- | certificates and a regular quarterly ‘We more than twice earned adjust- Cottonseed Oil. also being shown. 1007 68 Crown Cork (2).. 14 84% 83y 39 Marlin Rock (2)-. 2 gan, increased production 1,278 bar- | dividend of $1.75 per share on pre- | ment interest of $56,573 for the month. Bleachable cottonseed oil futu.es tment reportsl| 3 SSILE LM Crown Zeller, 298 LoABIER 18% Marshal Field ¢ ily for an average of 167,972, | ferred stock. Both dividends are pay-| “Net income after allowing for the | closed steady, 6 to 9 higher. Sales, 122 J&i‘.’.‘?fif&”&"@fim 6 perp::oent 108% 95% Crown Zeller pt (). 4 T 19% Martin (Glen). I ety Lo 'M & 1g had & | 8Ple October 1 to stockholders of rec- | monthly proportion of that item was | contracts, including 2 switches. Seps ILalhis Cuban-Am Bugar - S5 % 9 % 1 Martin-Parry : 7 | and the Rocky Mountain region had & | ; i'gentember 15. Preceding dividend | $86,752, against s deficit of $194.119 | tember, 8.96: October, 890b; Decems better than a year ago and also much | 137" 1005 CunoAm 8 0¢ GO, 108 113 119 +1 4815 Masonite (1a) P Iarger in the first half of 1937, com- | 20% 8t Gurtls Pub. T8 10% 104 10 326, Math Alkali (1%) . decrease of 2,530 barrels daily to an | on common, declared May 26 and paid | for June of last year, a betterment | ber, 8.91b: January, 8.93-94; March, y Pt ( 2 5 July 1, was 25 cents per share. of $280,871 8.95b. b—Bid. pared with 1936. 109% 71 Curtis Pub pf (7). 1 6% 6% 6% + % % b1% May Dept Strs (3a). average of 74,290 barrels daily. " b r “a i 'S .