Evening Star Newspaper, July 31, 1937, Page 11

FINANCIAL. THF F\ ENING STAR., WASHINGTON, D. C. = AUVANB[ FURTHER on which the Exchange is now nn"n‘;lnnl‘ - REGISTER [[]33[3 ter Trend of Wholesale FINANCIAL CURB LIST MIXED INNARROW RANGE Driver-Harris Up More Than $1—Utilities and OQils SATURDAY, JULY 31, NEW YORK CURB MARKET By private wire direct to the Star. 1937 REAL ESTATE LOANS 5% swaic sosess FRED T. NESBIT PROPERTIES. 1010 YERMONT AVE. DISTRICT 8399 High 11 10615 1001, Low. Close o 1141 114 1061 10615 1091 109% Btock and Sales— Dividend Rate. Add 00. High. Low. Close NorPipeL(%g). 1 9 9 9 Nor StP A 2 26 254 26 PacGRE1pf1l; 8 304 30 30n Pac Tin &pl (2a). 508 46 46 46 Pan-Am Alr(1)__ 1 63 631, 634 Pantepec Oil __. 11 Pennroad (1,e)__ 3 PaP&Ltpf (1) _ 1758 Pa Salt (%) _ 1008 | Pharis T & R .60 1 | Phila K1 P pf(2) 25a Pitney-Bow ( Det Edison 4155 '61 D Duquesne Lt 31,8 65 Flec Auto Lite 4552 Stock and Sales— Dividend Rate. Add 00. Agfa Ansco 1 Air Devices 1 Allied Pr A (1%) 1008 Alum Co Am . 50s Alum Co pf (6) 508 Am Airlines ____ Am Beverage _ Amer Cap (A) _ Am Centrifugal . Am Cyan R (.60)_ High Low. Close 28% 28% 28% 2% 2% 2% 21% 21% 21% 147 147 147 11615 11615 116'x Zfi 26 26 1% 1% 62 6 EL ELY 331¢ 331 USGov't Bonds._., 70,000 Foreign Bonds 20,000 Domestic Bonds__. €.120.000 TREASURY. High. Low 992 9R.a1 101,19 101,18 100,18 100, Pla B C Gen ('able 51; Gen Mot Acc 38°45 Gen Mot Acc 3%s 51 | Goodrich 43;s* | Gondvear T&R Carried Under Pressure, but Free to Executives Some Issues Resist Quiet 19 Bank and Trust Close. 99.2 101,18 10018 2181040 Decline. Bond Averages Net change. Today, close. Prev. day__. 91.71029 98.0 Month ago_. 9221025 964 9191031 100,14 100.1 101.16 101 104,30 104.30 104 100, 5 101, 14 16 103.2 105,21 106,19 105.30 106.22 106, 117.2 105 106 Grt Nr Ry 3% s'67 Great N Ry 43 46 G _ Grt N Rv 4s 46 H | Guif States Util 4566 | Houston Of 5165 40 Hud<on Coal bs Hud & Man inc bs Markets Cited. The foliowing review of the live stock market for the week ended July 29 was prepared for the Asso- ciated Press by the United States Department of Agricuiture CHICAGO. July 31—Higher prices were enforced on all species of live Am Equit (10g) Am G & B1(1.40) Am Gen Am Maracaibo _ Am Seal Kap Am Sup Fower. Am Sup P pf Am Thrd pfoig) Ark Nat Gas Ark Nat Gas A Ashld O&R(.40) Al Bl 26 36 101 1% R 17e | Pitts&LE (4 40) ) 10g 208 Pleas Val W | Potrero Sugar Pressed Met (2) Prosperity B Prov Gas ( 80) P S Ind $6 pf P S 1nd $7 prpt Pug S P $5pfhigk 25 Pyle Natl (2) 1008 Rainhow Lum A 1 Also Gain. By the Associated Pross NEW YORK July 31—The curb market presented a spotty appearance today with prices moving narrowly in Iethargic trading. Reflecting the effect of vesterday's report that earnings for the first six months had been $285 a share, Driv- Company Statements A reprint of reports of condi- tion of 19 Banks and Trust Componies of Washington, D. C., os of June 30, 1937, which ap- peared in The Evening Star Invaluable reference booklet. Free on request to Executives and Investors Address Ad- vertising Manager, stock at most important centers Jargely | through the mfluence of continued | moderate to light marketings and im- proved action at higher prices in the principal wholesale meat markets Seven major live stock markets re- 1001 | ceived a few thousand more cattle and 102 | sheep than last week, but there was & 85 | slight reduction in the hog supply, the 1005, | totAl supply running considerably less age, | than a vear ago. Strictly choice and a2 | prime steers advanced consistently at 7014 | Chicago and other major markets, the ng the peak at Chicago | to 17.15, highest paid since 1928, Nu- | merous loads tu 15.50-16.50, | ¢ and the average price of all steers sold for slau at Chicago stood well | above 14.50, highest in recent years. and indicative of the r tively high price level now prevaiing. Not only toppy steers, but all other classes advanced sharply, tie extending to all grass cattle and replacement account Hog Top Passes $12. op hogs passed the 13.00 line at | | Chicago and St. Louss, closing Thurs- at 13.10, highest in several years. ile shipping demand was only mod- 10 te and packer support was rather 104% | mild, daily and aggregate supplies 2 1081, | were small enough to force most buyers 113% | nto higher live costs. 1041c| Good and choice 180-225-pound 42 | butchers sold Thursday at Chicago 99% | within a spread of 12.70-13.00, and 104% | most, good hogs at St. Louis turned at 1071 1250-13.00. Omaha finished the four- 10a: | day period with a peak of 12.40, and most good hogs sold late at interior | Towa concentration points 11.85-12.30. Lamb Values Improve. i Lamb prices also advanced mildly. | upturns at most terminals figuring 1 35 cents for the four-day period. Con- tinued moderate to light supplies were a very important factor, but there was vement in the fresh lamb his combination working for AsSG & Elpf AsG&El war Atlas Corp war _ Austin Silver M _. Baldwn Rub (1) Barium Sta Stl__. Bellanca Airc Hud & Man ref 6 '57. 111 Bell Tel 3% s 111 Cent col tr 4s '53_ 111 Cent 4% '66 637 1CCy N O 58 7005 Inland St 3%8'61.__ 10515 Interlake Iron 48 '47_ 10015 IntGrt Nradj 6852 A 103 Int Hydro Elec 63'44. &5 Int Mer Marine 6841, 75 Int Pap 1st5s'47 A__ 100% ) « | Int Pap ref 6565 991, 10112 1015 1011¢ | (nt T&T cv 4% 100% 1008 1004 | Int T&T 434552 1018 101'% 1011x | Int T&T 55 ' 2 KansCF § FEDERAL FARM MORTGAGE | 351047 1048 1048 104 HOME OWNERS’ LOAN 2%81939-49____ 10110 101.10 101.10 FOREIGN BONDS. Abitibl Pa&Pw 58 4 Akershus 5s'63 9913 9 5 Antioquia 3d 785 120 Argentine 4s°72 __ Argentine 435571 | Argentine 65 ‘60 Sept Argentine 6s'61 May. Ausiralia 4155 56 Australia 5s°55 Year ago.. 93.9 103.6 1026 1937 high ._ 99.0 1044 1028 1937 low. 9091022 958 1936 high___ 98.2104.4 103 1 1936 low_._. 8691018 993 1932 low 458 400 646 1928 high___101.1 98.9102.9 1003 10 Low-Yield Bonds. Today 111.2 Prev. day Month ago 110.6 Year ngo. 1937 high_ 113.7 1937 low__ 1036 high_ 1135 1936 low. 1928 high_ 104.4 1932 low_ er-Harris moved up more than a point. | Youngstown Steel Door was another | good performer with a gain of about | 2. Utilities and oils were inclined frac- tionally higher but there were a few soft spots in these divisions. Gainers included Electric Bond & Share, United Gas, Sunray Oil, Pantepec and Creole Petroleum. Lower were In- Seiberling Rub. ternational Petroleum and United Selected Indus Light & Power “A Sel Ind(al ct)515 150 Pan American Airways drifted off Shattuck Denn about a point. Among other losers Shaw W&D(.20) were Consolidated Copper and Citi herwin-Wms 4a Service mmons H&E® St Sonotone yes Mg (14) A B pf 1 Raym Cone (1a). 50s Reiter-Fost Root Pet (1 g) Royal Type (4g) Rustless1&S___ Ryerson& H ._ St Anth Gold St Regis Pap _ Sampson Unit Savoy Ol Segal Lock . __ 1057 - 707 63 70 105% 100% 974 R4y 100% 9R" : Thr Euvening Star : ois 105 Here Is an Opportunity for You to Receive DIVIDENDS % AND WlTH5 SAFETY ‘ment through this erganization. Why take a chance when e oflerea? Prasent B The Northwestern Savings and Loan Association Incorporated 1906 107 Carroll Street Tokoma Park, Md. SHepherd 2693 Berk Rickfords (1.20) Bliss E W s Rridgpt Ma(15§) Brill A 2 Brn F&W (.90g) Bnk HI & S(113) Can Hydro El pf n Marc Wire _ 11 lllR 108.4 110.2 868 70 49 105 (Comptied bs the Assoctated Press.) 28) e Met By the Ascociated Press P& PE6) NEW YORK drifted gene: few select the trend. Trad was apathetic interest was shown smong the rails. C under some pressure following yester- day's disappointing less-than-seas increase in carloading Lower in this division Pe 4s, Northern Pac Island general 4s and 4%s. On the contrary, ~®rn 4!,s picked up a fraction. | Chile 6263 #aid the road was one he few [ Chila7s 2 Northwestern carriers to show sub- | cpile Mtg Rk 6 stantial increase in loadings over the | Chile Mtg Bk 6 last two months, Colombia 6s 61 Oct 1, A few of the industrial liens im- | Gorqmme e st ory proved fractionally. In this classifi- | Cuba 5155 45 cation were Shell Urion 3!,s, Stude- | Czechoslova baker 6s and United States Rubber | Czechoslovakia 8s'52 Bs. On the down side were Goodyear | Denmarx 41, 8s, Detroit Edison 4!,s and McKesson & Robbins 515 United States Government ol tions were mixed and inactive the few variations recorded r from 2-32 lower to 3-32 higher. NEW YORK PRODUCE. NEW YORK. July 31 @ ouiet. " Prices unchanged 50 ady_and unchanzed ¢ po; by [reight and by express nomina < Fres| Butter & Cheese @ « (& CP&Lpf(4.8 Con & Sw Ut Cen St 1L G o upturn on killer | No d po broic sh old turke 1. brotlers iVice | dressed’ prices Eegs, © 1.5 ve pf B erl Inc (.20 5 5 5 |whites, browns and L35 | Sunray Oil 13g _ Am El pf avlor K Dist .30 echnicolor Thew Shovel For “entrif i (.40) h I V&M (.3 “hilds Dre: o fi .eh LgR & Myers m appear ities) Aute 1de Neon Lt ve Tract inchfield Coal Club Al Uten Colon Develop Col Fuel&I war Colum O & G Comwlths Distr Cons Rise (.60) Cons Cop Min Cons Steel Corp .. Cont Roll & Stl Cord Corp Creole Pet (138)_ Crocker Wh 5 Croft Brewing __ Crown C Pet ____ Darby Pet (1 Davton Rub Derby 011 Der Oil pf (2k " Mixed _col nAdl%-4%s'77 k eges unchanged. | Buenos A 41 | Buenos A41:8-4% 875 | Canada 3567 song Jelref 4s°49 Long Isl rf 4549 8% Lorillard 5 5 947 E 1 vG& 207y L & N unif 4 1077 107% 1071 | L & N 4345 2003 C. 31 1130 [ L& 3B 0 | Atl K&C 48°55. 113% 20% &Rob 6145850, 104'x 20% Manhat Ry 48'90 __ 42 18 Market St Ry 40A 99 1715 Mead Co 6345 10 29 | Met Ed 1strf 4155°68 107% a9t | Mich Cent 4168'79___ 1045, ;M R&L 5361 103 5 wis: were Santa 4s. ROCK | Canada nois Central | Canada 4s ‘60 sreat North- | Canada 7852 r Traders | Chile 6360__ FOREIGN EXCHANGES. NEW YORK., Jul P —Fore x- ehange steady’ Great' Britam - doliars gihers in cents. = Great Britain demand 49701 cables. 4.9711: Ko-day bii France, demand. §.75: cables 3.7 emand. 526140 cables, 5 Tung-Sol Lamp ; Dem:wd\ Belgium Thit G ree. 40245 registered, 50 ‘nit Gas war___ 2 25.66. Denmark. 2294, Pinland Unit Gas pf (7) .- 513 115% 115 1: Switzerland, 20.06 . unauoted OnlE e A s Por AR b o Sreece. 0113; Poland, J c akia. 3 41 | Unit Lt & P v pt Austrin, 1RRm: Hungary o1 s USFoll B (%g). 761 Argentina 331%n: Brazil A S 0.00. Bhanghai. 200 ! Unit Ver Ext 1g et Unit Wall P .1 Utility Equit Venez Mex Ofl __ ] 3 5 o T Nerezizi s it U.S. TREASURY POSITION. Wagner Bak 80g 9 1, By ated Press West A1 xp 1 of | Wms 0il-0-Mat . Dt Yestn 811 D 2.50g 7014 2 !I(‘D pis ther nscal Yukon Gold .b6g 3l 3 i3 year (since July T.012.07; ex- | Benditures 1. ineluding rIn bankruptey or receivership or being ey “Cxpendls reorganized under the Bankruptcy Act, or 10 800, securities assumed by such companies | _Rates of dividends in the foregoing table | are annual disbursements based on the last | | auarterly or semi-annual declaration U: | less otherwise noted. special or extra divi~ dends are not included |, & Also extra or extras | £ Pavable in stock | far this year, or stock or_declared | rants rants INSURANCE STOCKS NEW YORK. Julv 31 # —New York Security Dealers' Association & o Germany So—aia-v 57 9614 66l 104 104 104 104 104 104 100% 1005 100% 2102 5% INTEREST CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 “3a%o 66 “ 31 194 | New York 5) 83 151 the Treasu ) 87051 Mo Pacific 55° 81 | Mo Pac b5 81 1 ctfs s 49 A | Mont Pwr 33866 \.\xnn s&Essex 415855 - 1015 101% 101 CHICAGO LIVE STOCK. CHICAGO. ot Agriculture) — 1.000 direct: ng took 100: estimated holdover ared week ago pack utchers. 250 po heavier hogs 10-15 hi Cattle. 500: calves. 100 day last week: Choice and welght and heavy steers having lost early adva to 17.15. a ne parable ight s mon. medium an; jentative weights ighest price. 17 “Wberal supply average cost all light heifer an best heifers 15.05 up: grass fat cows kinds up_more Dubilier Con Duke Pwr (2g) P Ld .30g emerger of expenditures RIOSS debt i 04 6 increase “of $1.kA1.76K ious das gold asset 2. including $1.202.013 aclive gold sS4 a5 INVESTING COMPAN!ES J i Jugos Mtg Bk s Kreug&Toll 55 NEW YORK New York Se- e 433,498 - cunity Dealers 5R.85 of in- Natl Dafry 2% s’ tl Steel 48 New Orl & N 4 ew Orl P S 5s New Orl P S 5s New Or Ter lBl 48" ,|NeworiT | N Y Central 3% Central 3148 '97 __ Cent con 4s ‘88 Centrf 414s2013_ NY Cent rf 58 2013___ NYCLSh3i%s'08 _ NY Chi & St L 4s 46 CastLanes SEFpPrpfdly) Sta Corp Wash MB(1; 2l Bond & Sh hare _ Mex 45 '10- Milan 6138 | Minas Gers 61 Montevideo 75 '¢ New So Wales 55 '57_ orway 4s 63 FIRST TRUST LOANS LONG TERM 3% 6.60 per month per $1,000 includes interest and pay- ment on principal. Pays loan in 20 years. No renewal. ALSO 3-year straight loans and construction loans e Paid last year 2 Declared or pai no regular rate b Ci k Accumulated dividend paid tnic year. ww—With war- xw Without warrants. war War- First Trust Notes Conservative loans on small city properties yle]dm' 51 and 6 per cent. NOW AVAILABLE $6.000 near Dupont Cirele—12 rooms. 2 baths—rental, Kaawst rental, $100 per 00 loan—3-family tral, new, month. Denominations $250 and Up — HARRY B ns Wallo._ -Cell-O C(.40g) Fairchild Av____ Fidello Brew__ Fisk Ry FlaP& 1 t$7pt Ford M Can A (1) Fruehauf T.30g Gamew’'ll pf .11k Gen Firepfg .55g- | Gen T & Rub Glen Alden(14g). Godehx S pf ( Gorham vte 2, Grand Nat Film HnD s Hecla Min (.45g) Holling G1d(.65a) | Holoph'ne(1.20g) | Horn&Hard (2) | Humble 01 (115) Hummel RF .40g Hygrade Fd Tmp Oil Ca 103" 991 10215 104 107 . 74 1013 627 % 103% 10 99t 9915 10215 10215 104 104 10715 107% T4 T 79 79 101% 101% 623, 623 1067 106% 98154 98 975 97 881, 98 a1 1041 841y o £00d grade strong to best vea 10 ¥ W d Norway €s 44 - Ortental Dev 5385 Oriental De { Oslo 4328 Panama 55 '63 ez Aetna Cas (a1 Aetna Ins (1.60) Aetna Life (.R0a)_ | Am" Equit_ (1 60n) Am Ins Nwk (iza | Am Reins Am Reserve (18) Am SBurety (21;) Altomobile (Ia flat, cen- lers 1.00-13 rented at £75 per and se 0 = Pernambuco 7s Peru 65 60 Poland 6s 40 Poland 754 Poland §s 50 Q under ¢ Steam 18t 5 ‘ Y Steam 1at 68472 106%a Tel gen 41,5 '39__ 107% W&B 4258 46 iag Falls P 35866 1 orf So 1st ref 5561 orth Am Co 61 orth Am Ed 5 A or'n Pac gen 38 2047 or'n Pac 4s 97__ or'n Pac 68 2047 Ozden L.C4s 48 Ohio Edison 3% s'72_ )nio Edison 45 65.__ | Orez W R 45 61 Otis Steel 418 62 Pac Gas & El3%s" ) seensland 654 | T Conn Gen Lif (R0): | Contin Cas (1.201 | Fid Dep (4a) 3 Nwk (30) Rio de bt | Rio Gr do ied | Rio Gr do Rio Gr do BOSS & PHELPS MORTGAGE CO. Loan Correspondent Jahn Hancock Mutual Life Ins. Co. 1417 K 8t. N.W. NA. 9300 123 101215th 6T N W._ME 0100 Gen Reinsur () Glen Falls (1.60)" Globe & Rep (80a) Globe ‘& Rut (152) Grea: Amer 45 a7, 3 Hanover (1.50 | Imp T Br« n 2 Int Hyd-Elec pt_ | Home Inter Pet(1%a) . Home: 10475 Inter Prod 107 7 7 i ) Inter Rad (85g) - Marviand I 2 18 L Iter LD 3 ¥ | Natl Fire 100 Inters Pw Del pf 3 Natl Diborty 6208 If Fire vte (1.20) w Hampshice (1.808) Jacobs Co (1;g) ¥ Eivee i Jonas & N (.15g) | Enoenix (2a) ones | rov Wash (1) Jones s ] | Revere Py In “(1.30) K1 1 (40) Rosgia Ins CA0a) Lehigh C&N Springfield (47,a) .eonard Oil on 0l ockheed Airc __ Sun Life (31 | Travelers (1) [ U'S Fire ( Westchester ne SLG(.408) ik ng Is1 2 | Penn RIz 4% s 84 1075 1074 ; et long 1Lt B(6) Penn RR gn 415565 1110 1111, T 2 5 Louis L&E (.40) rwrnl'r‘.dehu;n":o 10275 1027y | No r Sh MeWill's D 1.2 Lallacoss & 99 99 | Massey Harris : 103% 104 MemphNG(.10g) o, 230 Mer-C &S plA 10% Mesabi Iron _ Mexico-Ohio Oil Mich Bumper Mid St Pet A vie Mid St Pet B vic Mock J Vo(.308) Molyhdenum Mondy In pt pf(3) Moore (T) Dis Mount Ci Nat Bel Nat C Nat Trans ( 56 104 [ | Nat Un Rad 58°37 1001 | | Navarro0i1 (40a) bs 48 o Ay A D|V|DENDS ANNOUNCED (B pzis c28) Niag Hud Pow jag Hud B war m Li&Pow NAmRA (1508) 105 104 75 105% 11078 2215 00d 6B-pound Wash: 50 at close. (im) Sao Paulo St 65 '68_ Sao Paulo St 7s 40 FOREIGN MARKETS. LIVERPOOL tures. af rupily fods Tenders largelv ing_ from was ouie The c ¥ Londo Sec Ins (18) - ead (1) bocker (80) Lincoln Fire Marsland C Fire 981 Property Mortgage Management —— Pic 31,847 melee 65 ‘44 | Penn Co 48 63 Penn Dixie C 6s 41 Penn Glass & S 60 T |Penn P& L 4%s 81__ 1 Penn RR 3% 8 w1 106 \ Y S 2 1362 |1 | Penn RR3%s°70 C__ 100 99 s N Y Sto a ! ! i 1 I Yokohoma 6s 61 DOME’TIC IONDS 96 96 6214 62 108 108 gstor Automobile D102, Insurance Insurance Rots RO, 1067 1067 10675 100 99° 100 997 997, 997 1047 1048 1047 1064 1064 1064 981, 98 9 974 97 a8 (1.208) 0 extra or extras Declared or paid so far this vear. | Penn RE con 4843 . 109% 109% 1091 R Penn RR 41,8 81 D__ 108 107% 107% 107% 1111, 1027 99 Am G & E - Am P & L #is Atk P & 1 Ei Ind 4 S G & E 4. G &E G & Bell Te C Birming G Let us look after your Fire and Automo- bile Insurance. We represent oustand- ingly strong companies—and our Insur- ance Department takes a personal interest in rendering service to our clients. SAUL CO. REAL ESTATE National 2100 : Fire AmT&T 4839 and Anaconda deb 4148’50 > | Armour(Del)1st 48'55 | Armour (Del) 4s 57 | A T&S Fead) 4s 95 st A T&S Fe gen 48 °95 AtICLun4%%s’6s _ ntie & D 2d55'48_ O 1st 4s 43 FEDERAL LAND BANKS | NEW YORK, July 31 P).—Federal Land Bank bonds Rate. Period 4745 Nov 1058-3% | 4145 May 14 45 2 Automobile « | Phila & R C&1 68 | Phila & R C&168 49 P F M 65’42 237 10% 1074 105 111 907, i 104* 6613 E 111 a7y 105 Asked. | 103 | 101t 1023 Insurance B. F. 925 15th St. N.W S PCC&St L | Port Gen | Postal Tel & C 5s'53_ Reading Jer C 48°51_ Reading R 4.8 § 6314 |B&Oref2a 954 B&O6s 96 F _ |B&Oref6s 95C __ B&O PLE&W Vasal Bang Betnh Steel 8% s 66 Beth Stecl 43,8 60 _ Bos & Me 4% s'61J | Be M 6igs 34 941y 104 R4 103 1121y 105 Facing * McPherson v Cop Sauare 1125 | Republ ¢ 96%| Republic Stl u,s 105 Republic Stl 4% s Hess 28) 458) OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM'S FURNITURE HOUSE 1416 Ese 8t. N.W. Phone NA. 2184 61 Jo Ry LT StLP&NW Consider These Facts When You Wish To Arrange A i) tics C: prepared sklyn Un E1 58 ‘50 ID: | Bklyn Un Gas 58 '45 | Bush Ter 5t P Un Dep rf 5872 12 1 A& A Pass 48743 1014 s atineey Pw 5 en P ; Ria P Co 7 FOREIGN BO! Borg M B 7 Caucs Val Cuban Te Erco M Hanover Ci Meranhao Br Parans Braz Bante P A 4s rinn_(H) 45 Qpit K Bve s Ww—Wiih warrents XW——Without warra n—New &t (sip)-—Stamped TNewotiability impaired by m 1Companies reported in recy ] Wit P& York Rwy 46 '+ | can'dian N Can'dian NR 65°70 ___ 1 Can’'dian P db 4s perp ‘An dian Pac 4% Jan'dian P ‘an'dian lln Cl& O 68’0 of Ga co “ent Pac 53 '60 ert'd deb § “hes & O “hes & O hi& BRI 1Grt Wes M&SLP : M&StPbs M&StP&P ad “hi & NW 4148 2037 14 1% 15 31 17 an 90 hi R I&P rf4s 34 hi R 1&P rf 4a'34ctf. *hi R 1&P gen 48 '88 “hi R 1&P 43 8°62___ "hi R I&P 43,860 *hi St L&N Me 4851 *hi Un Sta 338 °51 | Chi Un Sta 83863 Chi& W In con 4 Chi & W Ind 43(s'62_ 1lds & Co s 43 Cin G & E3%s 66 Cin UnT 3%s D gt 1 CCC&StLrf 43387 5| Clev El 111 3% 65 Clev Un Ter 4 Clev Un Ter ; 1012 G & E b8 May Com Inv Tr 5 Conn R Pw 3%s 61 A Cons 124 N Y 3% Cons EdN Y Of1 3% 20 1054 108 105 10214 K3 101 105 924n 110 102% 10912 108 1 102 1 5305 100 1 105 1 9214 T 102% 1 10915 1 101 10214 104 10415 103 10114 101 105% 105% 1 103 105 1 KRl KR 103 101 1 10214 1 106 1 10475 1 1041, 1 Consol 103 Con Cr Crown Will P 6851 _ Dayton P&L 31560 Del & Hud ref 4s 43 M DelP&L4%s Den & R G con 4 Den& RG W Den & RGW t8'55a88t Den & RG ret 6578 ! Det Edison 48 '65 F'_. Ps 15% 15 21 18% 91 1454 | 18 eabd A L. 68°45 A abd A L 6s 45 ctfs. uth Bell T& thn Cal C So Pacref 48’55 ___ So Pac 4148 '68 So Pac 4%s 69 <o Pac 41,881 __ R0 Pac Oreg 4%48°'117 S0 itv 6594 n6s 56 LN J 3561 udebaker cv 68 Tenn El Pw 65 47 A | Term AsSt L 48’5 Texarkana 53;s Texas Corp | Texas & Pac 5877 B | Tex & Pac 1st 58 2000 Third A ad in ex 58°66 150 | Tide Wat Oil 8345'52_ 17 ar, | 9014 08 02 105% 105% 104 1044 83y 01 10 02% 091y 01 ‘1 Wabash 6576 B 2% 0415 041y 103 1017 10114 x 10175 1015x it 05 ISR 103 264 151 143 21 Un Ofl of Cal 3%s 52 | Union Pac 1st 4841 United Drug 5863 U 'S Rubber 55 '47_. Utah P& L Util P& L 5869 ww. UUIP & L5%a'47 Vanadium cv 58'41__. Va E & P 1strf 48°55 Va Ry 15t 3%38 66 A_. Wabash 1st 55’39 Walworth 48 ‘55 Warner Bros cv 65 ‘39 | Warner-Quin 6s '35 | West Penn P 3%s 66 | W Sh 1st 4s 2061 gtd West'n Md Ist s ‘52 Westn Un 55 51 Westn Un bs 60 Wheel Steel 4,866 Wilkes B&F 15t 65 42 | Wilson & Co 45 Wis Cent Ist gn 4549 ¥'ngutn S&T 338 51 | ¥'nastn S&T 456 Cream of share earnings, 16 108 1054 1 1040 1024 12 17 1007 1021 50 50 101 108% 105% a1ty 101 10814 105% 91% 28 28 K13 81Y 46% 463 10613 10615 921y 921, 101% 101 90 RO, RO%, RAl 101 1003 16 16 103 1025 21% 21k 1435 141 103% 103% 108 109 1051 « 104% 10074 110% 113% 106% 921y 101% N ROy 100 16 103 211 143 103% Wheat Corp.—Common 81X months ended June 30, were 97 cents, against 96 » . 1104 110% 110% ! cents. Idaho Maryvland Mines Resumed. estors’ Corp 31 3itac Regular. 25¢ qoc Second Ir RYcv 1 Co Reins: Wks | Wood-Alan-Hteel 375 TONS OF LEAD SOLD. NEW YORK, July 31 (& St \prh Lead Co. reports 375 tons of | pig lead from Southeast Missouri | mines sold vesterday at $5.85 per 100 pounds St. Louis. RANDALL yB1g Nor Europ 0il POTOMAC ELECTRIC POWER COMPANY. Earning Statement for Twelve Months Ended June 30, 1937. Potomac Electric Power Company made generally available to its security olders an earnings statement for the eriod July 1. 1936 to June 30. 1933, such perind begi after the effective date of this Company s registration state- nt for <15000.000 principal Amount of Mortzage B B4’ Series due fled on_June 5, 1036 with the irities and Exchange Commission pur- nt o the Securities Act of 1933, as ended. and which became eflective June 149536 Copies of such earnings siate- will be matled on request to any of his Company s security holders and other interested parties. Such earnings state- ment ic made generally available to se- curitv holders In accordance with the provisions of Section I1(a) of the Securi ties Act of 1933, as amended POTOMAC ELECTRIC POWER COMPANY (Y Thompson, Secretary. H. HAGNER & COMPANY WCORBORATED. REAL ESTATE No. 1321 Connecticut Avenue N.W. Washington, D. C. announces that | MR. GEORGE N. RAY | has today been elected { PRESIDENT of the Company has | Money for Com:lmction Loans an Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER 643 Indiana Ave. N.W. Nat'l 0350 | ——— 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 REAL ESTATE LOAN & LOANS on improved or to be improved rea! estate— as low as - 37.50 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. PERPETUAL Building Association is the largest in Washington, and one of theleadersinthe entire United States. PERPETUAL has over 55,000 bor- rowing and savings members. PERPETUAL'S Board of Directors contact with the officers and materially assist in keep in clo the speedy handling of loans. PERPETUAL'S regular examinations by the U. S. Treasury Dept. are sup- plemented by special C.P.A. audits as well as its own Auditing staff. PERPETUAL has always had 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—Asseta Over $43,000,000 ARTHUR G. BISHOP Chairman of The Board MARVIN A. CUSTIS EDWARD C. BALTZ President Secretary