Evening Star Newspaper, August 3, 1937, Page 19

FINANCIAL. CURB LIST TAKES UNEVEN COURSE Selected Industrials, Oils | Gain, While Utilities and Metals Ease. By the Associated Press NEW YORK., August 3.—Selected in-| dustrials and oils advanced fractionally in curb trading today, but utilities, | metals mining stocks generally lost | ground NEW YORK CURB MARKET By private wire direct to the Star. 2:30 Stock and Sales— Dividend Rate. Add 00. Aero Sup \ngB Air Devices ___ 1 Alum Co Am Alum Co pf (§) - Alum Ind (.40) Alum Ltd Alum Ltd pf (6) Am Airhines Am Box Bd (.95 Am Centrifugal Am Cit P&L(3h) ACP&LB( Am Cyan B (. | Am & Fan P wa Am G & E1(1.40) Am G & E pf (6) Am Gen Am Gen $2 pf(2) 1008 508 - 150s Highe prefer k Rubber, Ltd; G uminum Co., common | American Cyanamid, | St. Regis Paper, Ford n Alden. Technicolor, Sunray | Petroleum, Humble | troleum. losses w shown by Cosden Petroleum and Pantepec O Bond & S . Consolidated Gas of altimore, American Gas & Electric | and Cities Service. Niagara Hudson moved up fractionally Softness in metals and mining issues was reflected in slightly lower prices | for Pioneer Gold, Hecla Mining, New Jersey c, Hudson Bay Mining and Eagle Picher, though Newmont Min- ing showed a small gain. Cnrn (,l op Valued At S81.750.000.000, Best Since 1929 By the A CHICAGO, August 3—A corn crop valued at $1.750,000,000, the biggest | money crop farmers have had since 1929, was ripening in the corn belt, | the August estimates of six Chicago | grain experts indicated today. Basing their estimates on reports from farmers throughout the produc- ing area and on the latest official acreage figures, the private crop au- | ies here, t of whom have just | red from personal field inspection | forecast 1937 domestic corn | production would total 2,771,000,000 | bushels. This Wwou! Statcs crop s ated Press the bigrest United the record-breaking | harves 000,000 bushels. | It would be more than a billion bush- els larger than the'crop of 1,524,317,- 000 harvested in 1936. | ColtsPatF (11:1). | Cons Cap atin | Cons Gas Util | cont | Cre, Electric | 4 | Rliss&La Am Hard Ruh Am Laun M (.80) Am L&T(1.20a) . Am Maracaibo _ Am Preumatic Am Thrd pf()- nch Post F Ang Wupp (.208) | Appal E1 P pf (7) Arctur Rad Tube Ark Nat Gas Ark Nat Gas A Ark Nat Gas pf__ Ashld ORR(.40)_. ASG&EI ASG&BlA As G&El war At Cst Fish(. .\(la~(n|p“a| pcock& W (3g) Raldwn Rub (13) Rarium Sta Stl Bath 1 W (67 ) a Me evpr Bellanea Afre .__ I Aire Bell T P'a pf (6 Rerk&Gay Fur Berk&G 1 war Rliss B W 1gh(2) RohackHC)1 pf- Rourjois Bow It Bear (1 Rraz T&L (.90 Brewster Aero 10 Bridept Ma(izg). 1 Bright Star EI__. 1 Rrown Copf ___. 2508 RinF&W A (2) 0 1 Brown FDist ___ 1 Rruce Co (R L) _ Ruckeve PL(3g) BN&EPPL(1.60) Bnk HI & S(11 Burry Bisc (1,8) 1 BOs | Can Mare Wire _ Carib Syn (1:8)-. Carnation (1) Carnegie Met Carrier Corp Casco Pr (2%8) _. o n 258 1008 1 vpin . 51 6% pf &Sw Ut =x trif Pi (.40) nf Auto St(30g) ude Neon Lt _ “linchfield Coal - “lub Al Uten “olon Develop n Develop A Col Fuel&l war Colum O & G Comwlth Ed (5) Comlth & So war. Com Wat Sva Comp SM vie(1) - Cons Bise (.60) @ | G& 60) C'ons Ret Strs Cons Steel Corp Roll & Stl Cooper-Bess __ Copper Range __. Cord Corp - ‘osden Petro - le Pet (13g)- Crocker Wh __ Croft Brewing._ CrownC Pet__ e 9 3 4 2 3 1 1 2 1 1 6 1 1 2 4 1 2 3 1 1 1 1 4 0 2 2 3 Derby Oil Der Oil pf (2k) Det Mich Stove _ Det Pap Pd (7§ Diveo Tw C(.40) . Dom St & Coal | Douglas Shoe pf | Dubilier Con 39 et 3 graprr iz A et 550 By 0eg?d Llo) 10114 El 5. & s an A FOREIGN BONDS Bozot M B 7s Cent Bk Ger fs Cuban Te 7 Danzig_Por! Denm Mt First Bo G Isotta Fran Dike Pwr (2 Im..'lgcr & 4'\),. I Shov Coal pf - lectrol vie uity Corp .. vans Wallo ans Wallow pf Ex-Cell-O C(.40g) Fairchild Av ___. Falstaff Brew ___ Ferro Enam(%g) Fidelio Brew Fst Na St 1 pf(.) Fisk Rub Fisk R pf () Ford M Can A (1) d M Ltd mg). = Froedt G (1.20g) . FroedtGevpf1.20 Gamew'll pf .11k | Gen Invest n Firepfg nTel (ag) Gen T & Rub Gen T&R Apf(6) G Wat GRE(A0) org Pow pf(6) Gilbert (AC) .. Gilb AC) pf(31%) Glen Alden (}4g) - Goldfield Con rh Inc pf sorham vic 2.25g Grand Nat Films Gr Rap V (1) Gt A&P nv (fa) Gt A&RP 1st pf(7) Gt Nor Pap(1a)_ een T & D Groc Str Prod__.. Guard Inv - H Cp Am B(.60g) Hn D Strs(1.65g) Hecla Min (.45g) Heller W E(.40a) Hoe (R)&Co A Holljng G1d(.65a) Hornl (A C) Horn&Hard (2) Hllh lmv Close. 4 m 2‘ 2% 1('“051.\2’: 1501 152 llfl‘zllfl\ 8 117 1161 R lh' 1154 90'; 90 12315 12313 12315 3 39 39 145 14y 4% * 104% 16 187 8%, 294 11% 87 321 324 | Pharis Pines W | Pioneer ¢ | Roval Typs (42) | Russeks F A (1) | Sherw-wms pfs | Soss Mfg (32) | So Coast (.30g) _ THE EVENING 2:30 Stock and Bales— Dividend Rate. Add 00. Kirby Pet S Kruger Brew (1a) Lake Sh M (4a) __ Lefcourt Real Lefcourt Real pt Lehigh C&N(.30) Leonard Oil La Toareau (1)__ Lion 01l (1a) Lit Bros Locke scr(Mn Yockheeq Af: Maj Rad & T Massey Harris Merritt-( Mer-C & Merritt-( Mesabi Iron Metro Edis pf(6) Mich Bumper Mich St Tu (1;g) Michigan Sug - Mid St Pet B vte_ Midvale (2g) ___ 25s Midwest Abr ___ 1 Minn M&M(.90g) 60s Molybdenum. _ 1 Monroe LA(32). 5 Mont Ward A(T)_ 20s Mount City Cop _ Mount Prod (.60) 50& 3 | Mur O M(.608) _. 1 | Nat Bellas Hess Nat Contnr(?! Nat Rub Mch Nat Service Nat Trans (.45g). Nat Un Rad Net Ison (H) 28)- 1008 1008 2) 2 NewmMin(11:g) 3 NY&H (1%5g) 1008 \llLan]Inn F: NashMdB(. Niles-Bem-1" l]k) Nipi'g Mns(1ig)_ Noma El (40g) .\r\r Am It&Pow. Nor Am L&D pf NAmRA (1508) D T pf(2%k) tPA O Brass B(113g). Ohio Ol pf (8) Okla Nat Gas Oldetyme Pist | pac 1 | PaP& Ltpf (6) Pac Tin spl (2a) Pan-Am Air(1)__ Pantepee Ol Parkbg Pender ( Pender Gro (B) . Pennroad (1ie)__ | P&LE DS (7)o A Salt (5% 8) Ta Wat & Po (4)_ Pepperell (fa) " & R 60 enixSec(la) terf't . i1d(.40)_ Pitnev-Bow (.40)_ Pitts& LE(41g) Polaris Mining Towdrell&A .35g Prosperity B ___ P S Ind $6 pf P S 1Ind $7 prpf | Pug S P $5pt6ick Pug SA P $6 pf__ Pyrene (.20g) Ry & Lt Sec .30g Rainhow Lum B Raytheon Mfg Reed Ro Bit .80 _ Reeves D (1:h) | Reiter-Fost Reynolds Inv Richmond Rad _ Rustless [& S PSS Ryan Cons Ryerson&H ___ StTawrence Ltd St Regis Pap ___ Sampson Unit Savoy Oil Sec Corp Gen Sezal Lock Seiberling Rub Selected Indus Sel Ind(al ct)51; Sellnd prpf 5y s [P Shattuck Denn _. erwin-Wms d4a 133 110 11t 303 = 110 11 < 303 13 Rix 4y 46k 110 Simplic Pat Jyg . zer Mfg (fa)_ ouotone 303 o Penn Oil 1 South Pipe Southld Roy Span&Gen A Spencer S 1.05g _ Std ¢ S ¢ Stand Dredg |8 St Oil Kv (1a) 0il Ohio (1) St Oil Ohin pf St Pow & Lt.____ St Pow & Lpf___ St Sil-L (.028) _ arrett Cor vte_. Stein A&Co .80g_ Sterchi Br Str_ Sterchi Br 1st(3) Sterl AlumP .30 SterlInc (.20a) - Stetson(JB) 508 Stutz Mo Am (r)_ Sunray Oil .15 .. SunrOcv pf 2% Swiss-Am El pf_. Taggart Taylor K Dist .30 Technicolor ____ Tech-H G (.40a)_ Thew Shovel Tilo Roof (1)_. Todd Ship (2)___ Transwest Oil Tubize Ch A 214§ Tung-Sol Lamp - Tung-Sol L pf.50. “len&Co 715 % p: ‘nexcelled Mfg_ ‘nion G Can .60 _. ‘nited Airc war. ‘nit Chem “nit Corp war. ‘nit Gas Unit Gas war Unit Gas pf (7) - Unit Lt & Pow A_ Unit Lt & P cv pf Unit Shoe M 2%a US Foll B (%8)- U S Rub Recl Tnit Spec (1.40)_ United Strs vtc Unit Ver Ext 1g_. Unit Wall P.15g. UtahP&Lpf 1%k 508 Util Pw & Lt (r) Utll P& L pf (r Utility & Ind ___ Utility & Ind pf_. Valspar Corp vte. 114 STAR, WASHINGTON, R.C.A NETHITS §2,404,378 MARK Quarter’s Profit Compares With Only $477,088 in 1936 Period. By the Associated Press. NEW YORK, August 3.—Radio Corp. of America today reported net profit of $2,404,328 for the quarter ended June 30. After allowing for preferred stock dividends there re- mained a balance equal to about 11 cents a share for the common stock. In the June quarter last year the com- pany had net profit of $477,088. Scott Paper Co. Scott Paper Co., Chester, Pa., re- ported for the six months ended July 4 net earnings of $613825, equal to $1.07 a share on common stock. This compared with $425,036, or 74 cents a share, for the like period last year. The company announced that during the next six months $1,250,000 will be expended on plant additions involving a new paper machine and supporting equipment. National Dairy. National Dairy Products Corp. re- ported for the six months ended June 30 net profit of $5,079,541, equal after | | allowing for preferred dividends to 75 | {cents a share on the common stock. For the like year last the profit was | equal to 89 cents a share of common. Sales amounted to $170,133,962, against $156,970.891 for the first half last year, an increase of 8.3 per cent. Lion @il Refining. Lion Oil Refining Co., Eldorado, Ark., reported for six months ended June 30 net profit of $531,263 before income taxes and corporate surtax. This com- pared with $224,144 in the first half last year. Commercial Investment. Commercial Investment Trust Corp., a credit company, reported today com- | bined net earnings of $11573.865 for| the six months ended June 30, | pared with 9, 87 for the first half of 1936. After dividends on the pref- | profit_applicable to the common of | §11.370.490, equal to $3.43 per share on ! 3312585 shares outstanding. This compared with $3.16 per share for the same period Jast year. National Surety. Earnings of National Surety Corp & wholly-owned subsidiary, for the first | | six months amounted to $1,037,067, | and were included in the combined net The volume of business was the high- est for any six-month period in the corporation’s history, $776,960,000. Eureka Vacuum Cleaner. Eureka Vacuum Cleaner Co., Detroit for the six months ended June 30 re- | ported net income of $103.704, com- | 1936. This was equivalent to 43 cents | | & share, against 65 cents a share on the | common for the same period last year. | DAILY OIL OUTPUT UP 16,401 BARRELS Oklahoma Production Climbs Slightly, While Texas Total Shows Big Increase. | By the Associated Press. TULSA, Okla, August 3.—Produc- tion of crude oil in the United States increased in average of 16,401 barrels | daily during the week ended July 31, |to an average of 3597,673 barrel daily, the O1il and Gas Journal re- ported today. Oklahoma production increased 375, to 637.650 barrels daily. FEast Texas had an increase of 988, to 476,785. Total daily production in Texas in- creased 14,217 barrels, to average 1,- | 439.047. Louisiana had an increase of 4.970, to 264,070 barrels daily. California's daily production declined 5.500 bar- rels, to 665.250. Kansas production swelled by 2,675, to 207.125. Eastern fields, including Michigan, dropped 691 barrels a day, to 167,381, The Rocky Mountain region in- creased daily production by 200 bar- rels, to average 74, 490 Washmgton Exchange SALES—AFTER CALL. Washington Gas Lt. (new)—100 at 26. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid Acked. American Tel. & Tel. 4'25 _ 104% Anacostia & Potomac_5s Ana; & Pot. Guar. 58 Tel. of Va. Cars Fraction R & City & Suburban 5s 106% MISCELLANEOUS Chevy Chase Club 1st 4'4s | Col. Country Club 1st 413s W. M. Cold Storege 55 STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel Capital, Transit Co. & W. Steamboat (6) Porp ‘Pow. 67, Pot. EI. P. 527 pf. (3 Wash. Gas Lt Wash. Ry. & El 8 Wash. Ry. & EL pfd. (5) BANK AND TRUST COMPANY erence stock there remained a nmll_~ pared with §155,862 for the first half of | § Amer. Sec & Tr. Co. (eR) Bank of Bethesda (h.75) Capital 14) Com. & Savings (e10) Ciberty (4) & F Pr. Georses BK. & Tr. (.50) Riggs (eR) S Riggs nfd. (5) ton (6) Washin, an & Tr. (eS) Wash, FIRE INSURANCE. American () Corcoran (5) Firemen's_(1.20) National Union (.60) _ Columbia (.30) _ Real Estate (6) DINE, TUESDAY, AUGUST 3, 1937. FINANCIAL. Net Income of U. S. Steel Corp. ‘Miion Quarters Ended W‘:‘o“ March 31 MILLION DOLLARS 40, 35 30 25 MILLION |DOLLARS. Big Gain Shown In June Sales of Air-Conditioning By the Associated Press. June sales of air-conditioning equip- ment totaled $10,666,037. a jump of 59.8 jer cent over the $6.673,990 for June, 1936, and the monthly total in the history of the industry, the Air Conditioning Manu- facturers’ Association reported today Peak March sales of slightly over $17,000.000 marked the only other month on record in which sales ex- ceeded $10,000,000. Sales for the first half of 1937 totaled $60,797,397, & gain of 20 per cent over sales volume for the whole year 1936. INVESTING COMPANIES NEW YORK August 3 com- | 1096 150 16.30 ¥ of Am Tx AK of Am Tr B of Am Tr BB_ NEW YORK. Aug Security Dealers’ Aetna Cas (2a) Aetna TIns (1.60) Aetna Life (.A0a) Am Equit (1/60a) Am Ins Nwk (lza) . Am Reins (.80g Am Reserve (lg) Am Surety (21 Automobile (ia) _ Balt Amer (20a) Garolina ust 3 P .—New York ‘Nesoctation 4a) PNwi (307 Frank Fire (lg) Gen Reinsur () Glen Falls (.60 & Rep 80a)"Z Gione & & &t Gmar Home Ins Homestead (1) Knickerbocker iver (1) Phoenix. (71 Prov Wash (1) Revere (P) In Rossia_Ins ( St P 1.30) 60a) i1 Fire Springfield _(412a) Sun Life (7'2g) Travelers (16) U S Fire (2) Westchester (Ba) (1.2087 a—Also extra or extras. s—Declared or paid so far this vear, SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & con» Am. Tel. & Tel. 5! Auburn ‘Auto C California Packing 5s 1940 Gen._Pub. Seryice 513 Gr. Rapids & Ind. 4!,; 1641 Houston Ol 3 940 T Wlerc, Marine G 10417 Quarters Ended MILLION 'Oumou June 30 DOLLARS UNITED AIRGRAF EARNINGS JUMP |Quarter’s Net at $989,203, second largest | Against $197,608 in Same 1936 Period. By the Assoclated Press. NEW YORK, August 3.—United Aircraft Corp., East Hartford, Conn., a holding company for transport and manufacturing operations, reported net profit’ for the quarter ended June 30 of $989,203, after charges, equal to 39 cents a share, $197,608, or 8 cents a share, in the June quarter of 1936. For the six months net income was $1.688.055, or 67 cents a share, compared with $548,560, or 24 cen's a share in the first half of 1936 Standard of California. Standard Oil Co. of California re- June 30 of $9.890,701, before Federal surtax, equal ‘This compared with $6.025588, or 46 cents a share, in the like quarter of 1936. Directors announced an extra quarterly dividend of 25 cents, pay- able September 25 to stock of record | August 16. Yale & Towne. Yale & Towne Manufacturing Co., Stamford, Conn., lock manufacturer, reported net profit for the quarter ended June 30 of $344.151, before Fed- eral surtax, equal to 71 cents a share, compared with $238,232, or 49 cents a share in the June quarter last year. Eddy Paper Co. Eddy Paper Corp.. Chicago, with principal plants in Michigan, Illmms and Wisconsin, reported net profit for | the six months ended June 30 of $535,709, after depreciation and Fed- eral income taxes, eq to $3 a share. This compared with $171,730, cents a share in the first half of 1936. National Container. Directors of National Container Corp., Delaware, today declared an initial dividend of 25 cents a share on common stock, payable September 1 to stock of record August 16. American Hide. American Hide & Leather Co. re- ported consolidated net income for the year ended June 30 of $301,301 after depreciation, interest, inventory write off of $109,824, Federal income and Federal surtax, equal after pre- ferred dividends to 3 cents a share on 584,950 common shares. This com- pared with $475.879, including an extraordinary credit of $73.905, re- ilting from sale of preferred and common stocks held in the treasury, equal to 34 cents a share on 515,000 | common shares outstanding preceding fiscal year. TOBACCO PRICES HOLD AT 25.37-CENT LEVEL By the Associated Press ATLANTA. August 3.—Brisk Lfldmg kept bright leaf tobacco prices in line with an official opening Week aver- age, in 40 of the State's 58 ware- houses, of 2537 cents a pound yester- day as the second week of auctions began in Georgia markets. The 25.37 cents average price Vg5 announced by the State Bureau of Markets. The bureau said reports from each market city will be released reporied. The 40 warehouses sold 9,410,118 pounds for $2,387,510.37 Thursday and Frid ‘The average price for the first week's sales was 25.11 cents a pound. During the four-day opening week in 1936 ware- bacco for $6,357,896.43. France's foreign trade is greater than at this time last year. September 30 compared with | ported net profit for the quarter ended | to 76 cents a share. | dividend of 20 cents and the regular | or 96| (four days) last year houses sold 25.318,196 pounds of to- Ended ';A.}UO" Ounr'cu Ended Pl Paris Bank Cuts Rediscount Rate to Four Per Cent By the Associated Press. PARIS, August 3.—The Bank of France lowered its rediscount rate today from 5 to 4 per cent. Thus the bank eased credit for the second time within a month, follow- DOLLARS. the franc free to find it own down- ward level. The franc at the time| was steady, at about 26.67 to the dol- | lar, later strengthening to 26.655. Interest on loans on securities was reduced from 6 to 5 per cent and on 30-day loans from 5 to 4 per cent. In each case the reductions amounted to |2 per cent since the devaluation of | June 30. —— s TRUSTEE IS OPPOSED FOR UTILITIES POWER By the Associated Press. CHICAGO, August 3.—Thirty-nine attorneys representing stockholders and creditors of the $80.000,000 Util- ities Power & Light Corp. opposed vesterday a proposal of Federal Judge William H. Holly for appointment of a trustee to supervise the corporation’s affairs, | The court’s proposal won the ap- proval of Abe Fortas, counsel for the trustee “would be false economy The commission, Fortas said, repre- | sented 280,000 electric consumers and 230,000 gas consumers of the company. U. S. TREASURY POSITION. By the Associated Press. The position of the Treasurs | Receipts 331,50 17" expenditures balance ‘$% A3% 804, S tor The month, July 31: mergency | penditures S3A.715.695 19.067.14 expend ro. an increase the previous das i uding $1.- inaciive gord —_— 0DD-LOT DEALINGS. By the Associated Press. The Securities Commission reported to ese transactions by customers w dealers or specialists on X in the [ REFINARCING ® TERMS AS LOW AS | $7.50 per $1,000 | PER MONTH' | ing the government's action is setting A—19 NEW RECORD SEEN INUSE OF COPPER Consumption Peaks Pre- dicted in Auto and Many Other Industries. By the Associated Press. NEW YORK, August 3—Use of copper and its alloys this year will set new record highs in the automobile and many other consuming industries, Bertram B. Caddle, secretary of the Copper and Brass Research Associae tion, predicted today. Consumption of brass pipe and cop- per tubing by industry as a whole last year mounted to the record total of 94,000,000 pounds, and on the basis of seven months’ results, 1 sales will exceed 100,000,000 pounds, he said. The automobile industry last year, he added, used approximately 250,000,« 000 pounds of copper and its alloys and thus far this year production is running 12 per cent ahead of 1936, despite strikes, indicating use of eop= per by auto makers may ring up a new vearly record. Use of copper, brass and bronze by the air-conditioning industry is exe pected to aggregate 25,000,000 pounds. in 1937, or d le the record con- sumption of 13.000,000 pounds year, he said. New record use of cop= per tubing by the oil burner industry is also expected, with consumption of the red metal topping a year ago in the electrical, mechanical refrigera- tion. radio and other manufacturing fields. last BOSTON WOOL MARKET. 7. (United States alture). —Fine ‘terri- al bags received ‘Som q c and fleece wools MONEY MARKET. NEW YORK. Aug 1 per cent al paper. AUG dase er ce chanzed Property Management Securities and Exchange Commission, | who said that failure to appoint the UR Property Management 0) Department has the expe- rience and the facilities to ren- der service that will be advan- tageous to vou in the manage- of your apartment house and residential properti And for a fee that is nominal. B. F. SAUL CO. 925 15th St. Nat'l 2100 Mortgage Loans FOR YOUR SAVINGS Plus INCOME OFFICERS 2 Yore : HARVEY 1 con ) when the remaining 18 warehouses | PAIB @N SAVINGS, | | | | l Suite 304-5-8 DIRECTORS JOHN B. COLPOYS T. HOWARD DUCKETT HARVEY L COBB THOMAS E._HAMPTON CURTIS WALKER LUTHER C. STEWARD THOMAS D. LEWIS ». Euor wmmé}:ro\l N TRE PRU])EI\TIAL BUILDING ASSOCIATION 183316 se. N. W, DIst. 6270 RS2SR REAL ESTATE LOANS On Improved property in D. C. and Arlington County, ¥ a. NO COMMISSIONS RENEWALS UNNECESSARY A pplications invited for LOANS Ital Su Pw Medelin Col Esrana Braz 3 o, 46, Jan, 61z Sante F A 4s st LA AR Ww—With warrants. Xxw—Without war- rants n—New. st (stp)—Stamped §Negotiability impaired by maturity. reported in receivership. on improved real estate in Washing- ton and Arlington County, Virginia. Rates and terms commensurate with security offered. Before you re- finance, build or remodel—See us. ‘The American has been helping the people of Washington to aequire Venez Mex Oil. Venezuel Pet Vogt Mfg (.80)_ Wagner Bak .80g. Walker Min_ ‘Wayne Knit M. Wellington Oil_ Wentw'th M .15g. WestVaC&C _. Willson Prod (1). Willms(RC).30g. WP&Lpf 1.31 %k Intl. Tel. & Tel. 4155 1939 Laclede Gas Light ‘5s 1939 Lehigh Valley Coal 65 1938 Leh Val. Ter. Ry. 5s 1941_ Long Island Gen, 45 1938 & Nash. 4s 1940 Horn & Hardt pf Hud BM&S (%) Humble Ofl (13%) Hummel RF .40g. Hygrade Fd _ 111 lowa Pow _ 111 Towa Pow pf Il laPdivet . Tl Zine (.75g) Imp Oil Can(1a) Imp T Br(.8458) Ind Pipe L(.30g) 103 103 103 31% 81 31 83% 8315 83% ll!« 11% 3% 5% 27 10 Carpel Corp. (2.00) Lanston Monotype (+4) Lincoln Serv. com. 28 nn) Lincoin Serv. pfd. (3.5 Mergenthaler Ling Ppeonlull))rr 8t con eoples S0, Real Est. M.2G. pf. Security ‘Storage (5) RELIABLE L] OFFICERS’ Charles Kattelmann_._President Arthur C. Balser Wilfred H. Blanz. h.‘.-»-:ma‘ B3ZEaZANEERS (6.50) (%+.30) o & Bago O FOREIGN MARKETS. LONDON August 3 (.—Stocks had a wd. & Loth 5 Secretary @ S steadier tone today upon resumption of trading after the holiday There was most _divistons of t, Oil and mining groups were promi- nent in the rise. ~Gilt-edged issues were firm Home rails and European bonds were cuiet. PARIS.—The Bourse closed irregular to- day after early steadiness. Industrials snd government bonds improved while Toternational iekes tended lower. Bank gtocks were uneven with Bank of France off 15 oints. Suez Canal Rained mods erately. NEW YORK BAR SILVER. NEW YORK, August 3 (#).—Bar silver steady and unchanged at 44%. A Ind Serv 6% pf Indus Finan vte . Indus l- inan pf _ Ins C N Am(Za) Int H)d Elec pf_. Inter Pet(1%;a) _. Inter P reg 1158 Inter Rad (.85g) - Inter SRazB __. Inter Util B Ir Fire vte (1.20) Jacobs Co (15g) Jeannette Gla __. Jonas & N (.15g). Kingston Pr(.40) g Foamwwan > won [ Wolverine T .40g. Woodley Pet .40 _ Wright Har .40a_ Yestn St1 D 2.50g Yukon Gold .06g 9 3% 84 r In bankruptcy or receivership. or being reorganized under the Bankruptcy Act. or securities assumed by such companies. Rates'of dividends in the foregoing table are annual disbursements based on the last quarterly or semi-annual declaration Un- less otherwise noted. special or extra divi- dends are not included. 3 Also extra or extras. e Paid last year. able In stock, ~ & Declared or paid s far this year. no regular rate. or stock. k Accumulated dividend or declnee tols year. ww—With war- A ‘Without warrants. war War- L PO NN D *Ex-dividend. b—Books_closed, 1Plus extras. e 2c; extra. {17 h75c extra. Oc” paid June g e Sows RIO FUNDS READY. NEW YORK, August 3 (#).—Hold- ers of City of Rio de Janeiro 61, per cent external sinking fund bonds, due February 1, 1953, were informed funds have been remitted to Whitey Weld & Co. and Brown Bros., Harri- man & Co. for payment of August 1, 1937, interest coupons at the rate of 32! per cent of their dollar face amount, or $10.56% per $32.50 coupon. Vertientes Sugar Co. 7s 1942 Wabash Rwy Co. 55 1939 Warner Bros, fs 1930 Weat N ¥. & Pa.ds 1043 Weat. Dnton Tl NEW YORK SUGAR. NEW YORK. August 3 (P).—Sugar fu- tures were steadier today on covering and commission house buying of new cron po- ions. September, No. January at 239" or 1 to 2 hi!heh ., No. up_to 1.21% to 1.80. or ) Wln! net higher. the mlrk!t a3 Sfound” the 3. sold at 254 and Jointe net ith pest. Viehizan Cemrll 45 1940 _ 1 Midland R. N. J. 5s 1940 " B0 IS Northern 41as 1930 b N Y.C. & St. L. 6% . 1938 9 4 New Sark Dock. e 155k Y. Susa, & West. 55 1940 177 New Yore s, 1049 7 Bet BR. of Mo '4s a7 Penn-Dixie Cement fls 1541 Penna R. R. Co. 4s 1943 3 Rio Calwestorn 45 1049 4« Ter. R As. St. L._4%8 1939 1067 107% Vanadium Corp. 55 1941 2 2 Guy M. Neely __ ASSETS IILIPHONE Treasurer homes for the past 63 years. Ametican Building Assoriation 300 Pennsylvania Ave. S. E. OVER $9,700,000 UNDER U. 8. GOV'T SUPERVISION