Evening Star Newspaper, August 4, 1937, Page 17

FINANCIAL. RAILROAD BONDS REGISTER GAINS Demand for Junior Ratings Improves Appearance of Corporate List. Band Averages 20 10 Ralls. tndust. U, Fen, Net change. Unc. Unc. 1Unc. Today. noon 91.3103.2 979 1736 Prev. day... 91.3M3.2 980 73.6 Month ago-. 93.01028 968 729 Year &go- 9103.5102.7 69.5 1937 high 9.0 104.4102.8 74.7 1937 low.... 9091022 958 1705 1936 high... 982104.4103.1 73.0 1936 low.... 8691018 993 67.6 1932 low.._. 458 400 646 422 1928 high__.101.1 98.9 1029 100.5 10 Low-Yield Bonds. Noon ..._1113 Prev. day Month ago 110.7 Year ago- 1937 high_ 113.7 1937 low 1936 high_ 1135 1928 high- 104.4 111.2 111.7 1932 low__ 868 (Comptled by the Associated Press.) By the Associated Press. NEW YORK. August 4—A better demand for lower rated railroad issues gave the bond market an improved ap- pearance in late trading today after an irregular forenoon St. Paul bounded up almost 2 points on sizable demand, and Erie 55 joined in the upturn on a slightly lower turnover. Numerous other carrier is- sues went along with the leaders, but Rains were mostly fractional. Utilities failed to move out of the NArrow trading area of recent sessions. | International Hydroelectric 6s were a | fraction lower, but other active issues tn this division showed no change. United States Government bonds be- eame droopy with losses of 1-32 to 8-32 | of a point well spread over the list, | with activity increasing on the dow turn, | DIVIDENDS ANNOUNGED YORK. August 4 —] dends de- | Prepared by the Sta NEW elared rd Statis- | tics Corp Extra. Pe- Stock of riod d r Pay- Rate abl Btand 01l Cal Timken Roller Bear Vick Chem Wilson Jones Masonite Arrears, s1 Special. Columb Carbon_vic 1 Fu Worth Stk Yds Amer Woolen pf ) 1-‘ Initial Nat Cont Corp De | Chile Mtg Bk 63, U S Gov't Bond, Foreign Bonds Domestic Bonds TREASURY. High. 2168 1949-58____ 99.1 29&!!9‘5 47 2%s x'u -47 reg. 103.8 103, 100.18 100.13 101.16 101,12 104.31 103.20 105.24 105.19 106.20 106.31 106.27 105.31 106.22 107.18 381046-48_ 38 1951-65 3148 1946-4 3148 1949-52_. 31¢8 1941 31481044246 31,8 1944-46 reg 33,5 1940-43June 335 1941-48 Mar 83,8 1943-47. 3% s 1946-56____ 110.25 43 1944-54 11215 4%s-31(8"43-45_ 106.31 104 103. 105.; 105, 106, 106.. 106 10: 106.. 107, 110. 238194247 391047 381949 104.9 2 1942-44_ 238 1939-49_ 381952 103.2 FOREIGN BONDS. High Abitibt Pa&Pw 68'53 973 Agr Mtg Bk Col 68°48 24 Argentine 48 ‘72 9313 Argentine 415571 10174 Argentine 68 '57 A 100% Argentine 6s°69 Oct . 100% Argentine 6560 May. 1014 Argentine 63 ‘60 Sept. 100% Argentine 6360 Oct . 1004} Argentine 65°61 May. 1014 Australia 4145 '56 1021y Australia 5855 _ 107 Australia 55 57 _. 106% Austrian 78°57 1044 Belgium 6s ‘55 110 Brazil 61,8 26-'57 4414 Brazil 6143 '27-'57 Brazil 78 ‘52 | Brazfl 8s 41 | Bris| ne bs 57 Brisbane 5s ‘58 Buesnos A 3s'84 -/ Buen A 414-4%s Buenos Alres 4%8-45,8"76 April_ Ruenos A 414%'76 Aug Buenos Af158'61st pv Bulgaria 7s°67 Bulgaria 71386 Canada 21s 44 Canada 2138 "45._ Canada 3s '67 Canada 31s 61 Canada 4s 60 Canada s '52 Chile 6360 Chile 63°61 Jan _ Chile 65 '61 Febr. Chile 6361 Sept. Chile 6s 63 Chile Mtg Bk 63°62 8 '61 Coloene 613550 Col Mtg BK 75 46 Chilean Mun L 7s 60 Accumulated. | | Special Bigelow Sanford Boott Mills o © 00 Homestake Lincoln Lincoln_Stores Pacific Pin Ca Bendix Avia Nebraska Pow €7 of €1.75 Nebraska Pow <4 pf S1.50 0POD DDOZEDODDOD i NEW YORK éANK S%OCKS] NEW YORK. Ausust 4 (P.- | Becurity Denlere Association (Quotations as of 2 oclock ) Bid, New York ‘mpire Tr nm Nat Bos (2) atl (100} Guaranty Tr (1 Trving Tr (.60 Manufacturers Manufacturers Tr pf (=) Nat] City (1 N Y Trust i a—Also extra or extras. FEDERAL LAND BANKS NEW YORK. August 4 (#).—Federal Land Bank bonds 2 104 1011, | 10230 n 110§ 11048 10114 100 10114 CHICAGO PRODUCE CHICAGO. August 4 (#).—Poultry. live 1 car. 40 trucks. steady. hens. 41> pounds | 21: less than 4'» pounds 20: Leghorn | hens. 15 fryers Plymouth and " White Roc broilers colored. 20: Piymouf 22 barebacks Lpghnm, 01z less tha ds cotored 30! "Blymouth and | 241.0 barebacks. 19: roost- Leghorn roosters 5. toms. 14: No. durkx white and colored 137 old geese, turkeys SR Potatoes. ck. 5 Btates shipments. 40K Nebracka Copblers slightly weaker other siock sbout steady: £upplies moderate: demand er nundredwe ta Bitss Triampha cotton sacks 1 43640 U o, 115 Lt cent U. 8. No. 1. 1:00; Bliss Trinnphs come bination grade car. 140 Cobblers. Missourl, 5. No, 1 and partly “era 0-15 New Jersey. U No 1 T75-55: Nebraska U Setadod Flianta, U &%, Bna | 1.35-20: mostly 1.15° Penn- | No. "1 and parlly graded, NEW YORK PBODUCE NEW YORK. August 7). —Eggs. 088 drregular. “Mixed lore P, seconds, 19-20'%: dirtles, N her mixed prices unchanged about steady. ~Cream- xtra score). 31-313: other sragdes unchanged ‘hee: se. 434804 steady and unchanged. e oultry by freight. generally firm: no_auotations. By express, steady to firm: broilers; Le horns. Rocks. eds. crosses, D vis. il horns, 1A12-21: old roosters. 13 Dresged poultry generally fir ducks, 1% i fresh and frozen prices unchanged. FREIGHT LOADINGS. NEW YORK. August 4 (P.—Revenue freight carloadings on railroads reporting for the week ended July 31_included: Jaly Chi pill N. Bere. o, & Ohia ntra Chgo. 8t. L. m k Mara 8 &t ot " 4 6 Int. Great Nor - 424¢ ih | Mismun Pacific_ Y. Cent &nnsylv.m- ‘estern Pac. Burlington .. MecGraw Electric Co.—Common share earnings, 12 months ended June 30, were $5.22, against $2.97. 4, I | Dominic j1taly 7851 ‘Kreug&'ruu 55’59 cfs | Queensiand 7s 41 Roumania 78’69 Sao Paulo C 8s°52 Smo Paulo St 6568 Suo Paulo St Sao Paulo St 8s Shin'su EP 6%s Colombia s 61 Jan _ Colombia 6s '61 Get Copenhagen 41;8°53 . Cordoba 7 Cordoba Ts | Cuba 51258 45 | Czechoslovakia §s'51 Denmarx 4%8 62 Denmark 5% ‘55 Denmark 6s 42 __ 533s'6%ext Estonia 7s '67 Frankfort 614853 _ French G Tis'¢lun st Ger C Bk A 65’60 Oct_. Ger Gen Elec 6548 Ger Gen Elec 625840 Ger Gov 5143 65 st Ger Gov 5148'65 un st Ger Rep 7s 49 stpd GrtCElJap 6148°50_ Grt C ElJap 7s'44 Greek Gov 68 '68 __ Hait1 6552 Hung LM 738’61 B 100% 1024 1064 751 9915 247 100 39 3614 361 29 27% 3519 91 95% 354 1014 221, 86 8215 737 80'x 41% 2913 121 102 (tal Crd P W 7s'47 B_ Ital P U Crd 7s '52 .. Japan 5'%s ‘6o Japan 61;s ‘64 Jugos Mte Bk 78’57 Medelin evzs 54 _ Mexico sf 55 '45 asst Mexica 55’45 asst Ige Milan 6,8 '52 - New So Wales 5558 Norway 4s 63 Norway 41865 Norway 412856 112 106 FEDERAL FARM MORTGAGE. 102.10 102,10 102.10 104.7 104.9 8 8 28 17 20 18 18 27 27 Approximate Transactions Today. 380,000 900,000 5,270,000 Low. Close. 98.30 99.1 103.12 103.8 103.9 103. 101.19 101.15 101.19 100.15 100.15 100.11 100.12 101,12 101.14 10112 101.12 104.28 108.19 105.24 105.19 106.18 106.28 106.2° 105.29 2 106.22 107.18 18 25 10 29 11 11 0.25 2.15 106.29 103.8 HOME OWNERS’ LOAN. 100.30 100.26 100.30 101.10 101. 8 Low 978 24 93% 101 100% 1008 1014 100t 10044 1015 1023 106% 10615 104 110 104 1008 1021y T 10315 991 102 104% 104% 1068 Norway 68’44 Oriental Dev 6s5°53_. Oslo %865 Panama 55’63 stpas_ Pernambuco 7847 Peru 63°60._ Peru 6s°61_. Peru 7s '59_. Poland 7 Poland 8s Prussia 6s 62_ Queensland §s'47 110% Rhine W EIl P 68 '53 26% Rio de Jan 6148 53 Rio Gr do Sul 63 ‘68 Rio Gr do Sul 7s '66 Rio Gr do Sul 7s'67 Taiwan Elec 5} | Tokio 5% 361 Uruguay 6864 Uruguay 8s 46 Warsaw 7s ‘58 Yokohoma 6z '61 DOMESTIC BONDS. Alleg Corp 58 '44_ Alleg Corp 68 49._ Alleg Corp b8 60 I!D Allied Stores 415850 Allied Stores 4135 '51 Am & For Pw 65 2030 Am1GCh5%s 49 Am Intl 548 49 {AmMT& T $%s 61 AmT& T3%s 66 AmT& T 4%s ‘39 AmT & Tb%s 4 112% Am Wat Wks 6875 107% Anaconda deb 4148 ‘50 1064 Anglo-Chil Nit 78 '67 374 Armour(Del)1st 48’556 98!y Armour (Del) 4; 98 5 st 105 896 1114 109% Atlanta & Birm 4s'33 30 Atl Coast L st 4852 103% AtICLun 4%8'64 . 90 Atl Coast Line 55 45 104% Atlantic & D 1st4s’48 485, Atlantic & D 2d58'48. 467 B&O 1st 48 43_ 96 851 6213 99%, 98l 81k 107 106% 1003 . 100% 1048 ref 552000 D__ ref 6s 95C B& O Swn bs 50 Bang&Aroos 4s'51stp Bell Tof Pa 6s 48 B Bell Tel of Pa 58’60 C Beth Steel 3%.s 66 __ Beth Steel 4% s 60 Bos & Me 58°55 . Bos & Me 55 67 Bklyn Un EI 68 '50 _. Bot Con M 6%s '34 Bot Con M 638 34 ct. Bklyn Man T 4%s ‘66 Bklyn Ed con 3% s '66 Bklyn Un Gas 65 "45._. Bklyn Un G 860 4% 79 102 62 27% 19% 193, 21% 62 77 5814 245 111% 110% 26% 958, 858 60% 993, 981x 808, 1063 1054 100% 843 101.10 103.2 103.2 Close. 978 24 931y 1017% 100% 1008 1014 100% 10044 1014 1021y 106% 10619 104 100 39 3614 3615 29 27% 354 91t 95% 355 101% 22% 854 ](‘2‘ 106% 10613 1064 79 102% 62 274 19% 19% 21% 162 7 58% | 24% 111% 110% 26% 28 2614 29 281 40% 30 115% 115% 115% 4% Bklyn Un G 6867 B_. 106} 106% 106% i | Elec Auto Lite ¢s | Grt THE EVENING STAR, BONDS ON N. Y. STOCK EXCHANGE By private wire direct %0 The Star. High, Low. 14 114 1% 59 6574 114% 112% 118% Bklyn Un G ref 65’47 Buff R&P con %857 Bush Term con 68 '55. Bush Ter Bldg 68 '60. Can'dian NR 4348 ‘56 Can'dian NR 4%s ‘57 Can'dian NR68'69 Oct Can'dian N db 63 Can'dian P db 48 perp Can'dian Pac 4%8 46 Can‘dian Pac 4% 60 Can'dian Pac 68 ‘54_ Caro Cl & O 5538 Car & Gen 6550 w Cent of Ga con 6s '45_ Cent of Ga 58 '69 C Cent Il E & G 6351 Cent I11 Lt 31,566 __ Cent N England 48’61 Cent of NJ sn 68'87rg Cent Pac Iat rf 48°49. Cent Pac 68 '60 Cent RR B Ga 68 37 Cent Steel 83 41 Cert'd deb 51,548 _ Ches & O 3%s'96 D. Ches& O 3%5°'96 B._. C&Ogen4y C& O con b8’ C&Oconbs’ Chi & Altref 3s 49._ Chi B&Q gen ¢ Chi B&Q 43%8'17 Chi B&Q ref 5571 Chi B&Ql div 3% Chi B&QI div 45 ‘49 Chi & E 111 55 °61 Chi & E 111 63 *51 ctfs. Chi Grt West 48'59 _ Chi Ind & Lou 45 '47 Chi I&L gen 6366 Chi Ind & So 45 '56 CM&StP4s'89 _ CM&StP 435 '89 E_. CM&StP6s'T CM&StP&P adj582000 Chi & NW gen 334 5'87 Chi & NW 4% 49 Chi & NW gen 58'87 Ch1 & NW rf bs 2037 ChiR I&Prf 48 34 _ Chi R I&P rf 48'34ctf. Chi R I&P gen 488 ChiR I&P 4% Chi R I&P 418 60 Chi T H&S 18t 65 '60_ Chi Un Sta 333851 Chi UnSta3%8'63 E Chi Un Sta 4s 44 Chi& W Ind 4%s'62_ Childs & Co 68 43 _ CinG & E3%s 66 Cin Un T 3%s Dgtd . CCC&St L gen 45°93 CCC&St L rf 4% 8T1E CCC&StLCW&M4s'91 Clev & Pitts 415842 A Clev Un Ter 4%s"77_ Clev Un Ter 6813 B Clev Un Ter 515872 Colo & So 4% 80 Columbia G & E deb 55’52 April Columbia G & E 5s ‘52 May Columbia G& 58 '81- Colum Ry P&L 45 '65 | Comel Credit 3% a 51 Conn R Pw 3%5°61 A | Cons Coal Del 58°60 _ ConsEAN Y 33846 | Cons EA N ¥ 3148756 | Cons Gas NY 4%s ‘51 | Consol O11 3145751 | Consum P un 334865 Consum Pwr31%8°'70 1027 | Container deb 5s°43 . 1011 Container 6346 _ 1050 Crane Co 3% 561 1028 Crown C& S 4s'50 __ 106 | Crown Will P 6s'51__ 105 | Cuba RR 6s'36 5215 | Cuba RR 7125'36 ctfs Dayton P&L 3%s ‘60 Del & Hud ref 4s 43 . Den & R G con 48°36_ Den& RG W 58’55 10214 B4y 1013 10514 102 933, 109%, 10314 1098, 1097 60 1095, 1097 1001, 100t 102 9974 10615 1015, 991, 1061y 10! | Den & RGW 58'55asst Des M&Ft D 4s'35 cfs Det Edison 4865 F__ Det Edison bs 52 Det&M 2d 45’95 asst_ 109% 991, 5l 691y 691, 11814 1021 101 Erie cons 4 Erfe gen 45 Erferef 58 '67_. Erie ref 58°75 Erie Gen Riv 63 '57__. Fed Lt&Tr 5s'42 Fed Lt&Tr 55 42 st_. Fed Lt&Tr 6s'42 FlaECRy 4%8'59_ Fla EC Ry 5374 Fla E CRy 53°74 ctfs Gen Am Inv 5s'52 Gen Mot Acc 3845 Gen Mot Acc 3%s 5 Gen Stl Cast 5%s'49_ Goodrich 4% s'56 Goodrich 6845 Goodvear T&R 6s '57. Grt Nr Ry 3% 8’67 Great N Ry 48 46 G__ GrtNRy4s'46 H . NRrf4%8'61 A, Rgn41:s'76 D 986 Gt IGFtNRgn4%8" 1T E Grt NR6%s'62B Gulf Sta St] 41,861 Gulf States Util 45’66 Har Ry PC1 st4s ‘54 Houston O11 5%s 40 Hudson Coal bs '52 Hud & Man inc b: '51 Hud & Man ref 6857 111 Bell Tel 3%s°70 111 Cent 1st ex 3%s'51 111 Cent col tr 48 ‘53 I11 Cent ref 4856 _. I11Cent 4%s'66 ____. 111 C Lou 312858 reg . ICC&St LN O 4%#'63 ICC&St LN O 63°'63_. I11 Steel deb 4 40.. 103 aly 1025 45 304 68 106% 1045 | Inland St1 3% s Int R T 1st rf 6866 . IntR T 7832 ctfs Interlake [ron 43 '47_ Int Agr-cl 5542 &tp Int Grt Nr 58 '56 B Int Grt Nr 6s°52 A Int Grt Nrad) 68’52 A Int Hydro Elec 65 '44 Int Pap 18t 63°47 A Int Pap ref 6365 Int T&T cv 4 %839 Int T&T 4%s ‘52 Int T&T 58 ‘65 lowa C 1t&rt 48 '51_. Kans C So 1st 38 '50 1001 300 301 107 415 1007% 987 923 70 5% 5% 83% 8315 109 103% 9715 998 104% 607 Kings Co El 48 '49 Kresge Found 3% #'47 Kresge Found 48 45 Laclede G 63%8°63 C_. Laclece G 5%8'60 D_ Laclede Gas 68 42 A _ Laclede Gas 65'42 B _. Lake S&M S0 3%8 ‘97 Lautaro Nit 19768 __. Leh C&N 4348 °54 A Leh C&N 43364 C. Leh Val Har 5854 Leh V NY 4% 840 gtd Leh V P con 4s 2003 Leh V P con 4%s 2003 Leh Val Ter 55’41 reg Ligg & Myers o 1 Long Isl ref 4s 49 Long (sl rf 48°'49 stp_ Loew’s 33846 La & Ark 68 69 L &N tst 48 2003____ L& N unif 48°40_4_. L&N 4%82003 C. L&N 5820038 _ L&NPM4s'46_ MeC RRclt4s'45 A Me C RR gn ¢%8'60 A Market St Ry 78°40 A Mead Co 6345 Met Ed 1strf 414868 Mil El R&L 68 '61 MilSpa & N W 45°47_ Minn & St L rf 4849 MStP&SSM cn 43 '38 MStP&SSM b8 38 gtd MStP&SSM 514849 _. MStP&SSM 5%s"78_. Mo K & T 1st 45 '90 McK&T4%s'78 MoK &T6s 62 Mo K & T adj 68 '67__ Mo Pac 4876 e 109% 103% 9% 9915 104% 107% 4 103'% 32% 103% 9% 9913 1041 108 5 181% e Mo Pac 58’80 H _ Me Pacific b 811 Mo Pac 5881 I cti Mo Pac 6%s 49 Mob & Ohio 5s'38 Mob & Oh M div 58'47 Monong Pub 8 ¢348°60 105% 105% Monong Pub 8 6s°'65. 102 102 Mont Pwr 3% 95% 95U Mont T gnrf 58 80 80 1 4 i 1260 94 Clos 114 1% 59 65% 114% 112% 118% 104% 1031y 107 103 100% 273 1519 102% 104% 10014 102 997 | 1061 | 98 104% | 6% 10474 2 1047y 10674 107 104 | 1027, 101 | 1057 | 102 106 1054 14 | 6l 110 106% 47 109% 100 5% 71 704 118% 1025 1034 10214 1031 118 a8y, | 103 9114 | 102% 45 301 68 1061 1041 1% 78 638 9T 66149 T0%, 107 106 643, 673, 10214 | 1001 | 3014 311y 1074 843, 101 103 K‘n 974 99%, 104% 61 61% 51 49 10314 34% 95% 92 101 9814 517% 54% | Penn Co 4s * | Penn Dixie C 654 | Penn RR 33870 C_. #| Phila Cy | Pitts& W va 43560 C WASHINGTON, High. 8874 Low. Close. 881% B8% 1027 lOZ’h 41 1087 106 4 10645 Morris & Es 3% 2000 Namm & Sons 63 "43 Nassau Elec 48'61 std Natl Dairy 8% s'61ww Natl DisPC 4148 45 Natl Steel 48 65 New Eng RR 48'45_ New Eng RR bs'45___ New E T&T 4%s ‘61 New Jer P&L 41458 '60 New Orl P S 6852 A New Orl T&M 41,866 N Y Central 3% s '52_. NY Central 815897 _ NY Cent 3153897 reg.. NY Central 3% s 46 NY Cent 48’42 NY Cent con 45 '98 NY Cent rf 4145 2013 NYCrf4%4s2013n__ NY Cent rf 68 2013 NYC Mich C3%s'98_ NYC&St L 1st 45°'37_. NY Chi & St L 4s 46 NYC&St L 4%s°78 NYC&St L 65%8s'74 A_ NY Chi & St L 6s°38 NY Dock 1st 4851 NY Dock 6838 _ NY Edison 23 8°65 D. NY Elisref 31,8'66_. NY & Green L 5846 NY NH & H 4%5°67 NYNH&Hecv 68'48 NY :\u & H Cons Rys 4G NY P.\= 6385 awr U NY & Rich G 6s ", NY Steam 15t 55 61 NY S&W gen 5540 _ NY Tel gen 4%s°39 NY W&B 4%s'46 Niag Falls P 31%5"66._ Niag Sh 5%s 50 _ Norf So 1st 55 '41_ Norf & W 1st 4596 North Am Ed 5%s 63 Nor'n Pac gen 3s 2047 Nor'n Pac 4s'97___ __. Nort'n Pac 65 2047 C.. Nor'n Pac 65 2047 D__ Nor'n Pac 6s 2047 __ Ohio Edison 3%8°72_ ison 4s 65 Ont Trans 1st 55 '45 Oreg RR&N 4846 Oreg Sh L 53 '46 gtd Oreg W RR 43 61 Otis Steel 414362 Pac Gas & Hw,u'u 10‘3’5 106 106% 874 BT% 97% 891y 100 104% 85 974 99 60 591y 101 101% 98 39 38 32 1033, 1041 105 16 107% 1214 103% 102% 8 1168 104 Ta% 1044, 9914 99% 1100 99 10415 111 115 1191 107 1104 9814 1043 111 111% 119y 1074 100 104 107% xnmhnnd PL 45 Para Broadw. Param’t Pic 31847 Paramount Pic 68 '55 Parmelee 6s Penn Co 4s 103 99y 102w 1058 100 11315 108% 1078, 1111 103 948 95a 1023, 118 115% 99%, 1041 231, 10y 241, 107 R4ty Penn P& L 41;8 81 Penn RR 2% 8 w1 Penn RR con 4848 __. Penn RR 41,8 ‘81 D. Penn RR 4145 84 Penn RR £n 415865 Penn RR deb 418 '70 Pere Marq 15t 48 ‘56 _. Pere Marq 4145 ‘80 Pere Marq 1st 5s ‘56 Phelps Dodge 3145 '52 Phila B&W 414877 5361 Phila Elec 31,567 Phila & R C&1 6873 Phila & R C&1 65 49_. Philippine Ry 4537 . PCC&St L 432571 C Port Gen El 448 '60 Postal Tel & C 6s'53 Pressed Stl Car 5351 Purity Baking b '48- Reading Jer C 4n '51_. Reading R 4%s 97 A Reading R 4%s'97 B Rem-Rand 4% s'66ww Republic Stl 434 Republic Stl 4% Republic Stl 5% Republic Stl 4% Revere Cop 4% s RG W 1st ex in 4’39 RIA&L 18t 4338 '34_ Rutland Can 4s'49___ Saguenay Pw 414866 St LIM&S R&G 4833 St L-S Fran 4850 A . St L-S F 4860 A ctfs. St L-S Fran 434878 _. St L-S F 4%8'78 cf st. St L-S Fran 68’60 B_. StL S W 2d4s'89 t LS W 1st ter 58’ StLS W gnrf5s'90_ St P Un Dep rf 5572 | San Diego CG&E4s'65 hulco 6155 '46 A Schulco 613846 B | Seabd A liref 4559 Seabd A Lirf 4859 cfs Seabd A L 4s '50 stp_. Seand A L 63’45 A Seabd A L 6s 45 ctfs_ Seabd A-F168'35 A ct Seahd A-Fla6s'35B ct. Shell Un deb 3%s '51. Silesian Am 7s '41___. Skelly Ol 4851 | Socony Vac 3%4s 50 South Bell T&T 6841 Southn Cal Gas 45’65 Southn Cal G 4% 1 South Nat G 4% So Pac 3%s 46 . SoPaccol 48'49. o So Pacref So Pac 4% « 1055 100%2 100% 107 106% 107 106% 101 101 997 9914 93w 931 106% So Pac Oreg 4% 3 So Pac S F Ter 48 '50_ So Ry gen 48°56 A, So Ry 68’94 .. So Ry gen 65 66 So Ry 6%8°56 _ So Ry Mem div 55 '96. So Ry M& O 48°38_ Stand Oil N J 3361 Tenn C&C 68’44 B Tenn El Pw 65 47 A__ Texarkana 61,8 ‘50 Texas Corp 3%m 51 _ Texas & Pac 5877 B_ Texas & Pac 58 '79 C Third Av ref 4s'60 Third A ad in ex 58'66 Tide Wat Oil 3%45'52_ Tri-Contl Corp 58 '53 Union Pac 3%8'70___ Union Pac 33,871 .. Union Pac 1st 4347 _ Un Pac 1st rf 4s 2008 United Biscuit 68 ‘60 United Drug 58°'53___ U S Rubber 68 47 Utah L & T 68 44 A. Utah P& L 6544 _ Util P & L 68 59 ww_. UHIP& L6%8 47 - Vanadium cv 6s "41__ V C&P 18t 41;8'34 ast. VaE&P 1strf 45°'65 Va Ry 1st 3%s 66 A_ VaS W 1st 582003 Wabash 41578 _ Wabash 1st 68 ‘39 Wabash 6s 76 B Wabash Oma 3145 41 Walworth 4s '65 Warner Bros cv 6s ‘39 Warner-Quin 6 '39 Warren Brcv 6841 __ 103t 943, 105 6 10415 10274 1037 494 16 » 1007 113 Westn Md 6348°77.__ West'n Un 4358’60 Westn Un cl tr 68 38 Westn Un 5s ‘61 West'n Un §s 60 Wheel Steel 41,866 W Sp Stl con 78 '35 et Wilkes B&E 1st 55 '42 Wilson & Co 4s ‘656 Wis Cent 1st gn 45°49 Y'ngstn S&T 3%s ‘51 Y'ngstn S&T 48°61__ 103% 103% 21% 224 144 141% 143% 103% 103% 103% PHONE DECLINE SMALL. NEW YORK, August 4 (#)—New York Telephone Co. reported today station loss for July was 2,383, against a loss of 9,319 in July last year. Sta- tion gain from January 1 to August 1 was 68,657, compared with a gain of 33,086 in the comparable 1936 period. FAIRCHILD BACKLOG UP. NEW YORK, August 4 (#).—Un- filled orders of Fairchild Aviation Corp. on June 30 totaled $1,203,289, against $951,980 a year ago, a gain of 26.4 per cent, the company an- nounced. 7 911 | | mum | quarts C, WE ELEGTRIC POWER OUTPUT DECLINES Week’s Drop of 0.1 Per Cent Leaves Total 8 Per Cent Above 1936. By the Associated Press. NEW YORK, August 4 —Production of electricity in the United States for the week ended July 31 was 2,256,- 335,000 kilowatt hours, a decrease of 0.1 per cent from the previous week's output, but a gain of 8 per cent over the same week last year, the Edison Electric Institute reported today. The decline, which is contrasea- sonal, carried the Associated Press in- dex of production, with 1929-30 taken as 100, to 121.2 from 122.0 the pre- vious week. The index, adjusted for seasonal and long-term trend. stood at 1146 a year ago The range for recent years follows: 1937. 1936. 1935. 1934. 1933 1226. 119.8 1055 974 919 -116.3 102.2. 941 919 802 High Low The following percentage increases were scored in geographic regions: New England, 10.1; Middle Atlantic, 8.2; central industrial, 10.1; west central, 2.8; Southern States, 11.4; Rocky Mountain, 13.5, and Pacific Coast, 7.4. TRUSTEES REPORT LOSS OF SUSQUEHANNA SILK By the Associated Press NEW YORK, August 4—A final trustees’ report flled in Federal Dis- trict Court here yesterday disclosed the consolidated net loss of Sus- quehanna Silk Mills from June 22, 1934, to March 15, 1937, amounted to $121,767.37 before depreciation and $545.168.92 after depreciation. A plan of reorganization under section 778 of the Federal bankruptcy act was confirmed on the latter date. Net sales of the debtor and its sub- sidiaries for the period amounted to $16,464,775.58. Consolidated assets as of last March 16, when control of the company was turned over to the debtor, amounted to $20.099,680.97, of which $2,426,908.14 was current assets, Current liabilities on that date were $553,440.27. Merchandise inventories on last March 15 amounted to $1,- 684,076 89, against $1,851.77768 on June 21, 1934, and $1328,128 on July 18, 1932, when the company en- tered an equity receivership. Washington Produce > score. MEATSChotce beel veal. 1S Spring lamb. cows, '15: fresh pork 3 1 fresh ‘smoked hams sliced lab bacon, 30 compound, 13; sows." 01280% Prices paid shippers—net { o b Wash- ington. By the United States Bureau of uitural Economics GGS—Market generally steady to firm 20 to 21 cente. hennery v. 24 25, ordinary Government U S Ex to cents. nraded and dated White eggs: Targe s of Spring chickens very strong, Prices mostl Fowl" Colored, heavy. 10- den bigher. No 14-15 cents: Leghorns Fruits and Vegetables in large lots by original today LES— Bushel baskets Pennsylvania. v minimum. Duchess 5: 13-inch mini, 214-inch minimum. 2i-inch inc] mum \ 75 1.00-1.15 3,-inch minimum, 1. 1.35: fair ity 1 10" Henry Glags, Sie inches. Ghe other varieties, 50-1.00. &s CANTALOUPES — Approximately 500 crates North Carolina by express. Truck re- ceipts heavy. _Supplies ~heavy ~Demand ight: market weak. North Carolina. RXdK!- wlv section. Salmon Meats. standards all sizes. labeled, 50-1.00: few higher. East Shore Maryland, % crates. Salmon Meats. 50-1.00 CELERY—No carlot_arrivals: ken car on track. = Supplies mand light; market steady New York. iy [ individually washed. 3-8 dozen, 175 Michiganhighballs _85-00 CE—Two California arrived: seven and six unbroken cars ontrack. 8 liberal: demand light: market sieady. California.. Western' crates - Ice- bt\'fi 5 dozen, 3.25-3.75. few 4 00: poorer New York crates, Big vpe. 2 dozen. 5 —_Gne New York arrived: one unbroken car on track anIlP( moder- ate: demand light: market ste: New York. -pound sacks yellows. U S No. 1 1.10; Washington 50-pound sacks Valen: cias. 8. No. 3 inches and larger. 1.40-1.50 _ PEACHES—Three South Carolina ar- rived: one bro- light: de- Y one broken and six unbroken cars on track. Truck receipts liberal: supplies liberal; ‘demand light: market _Steady. North Carolina, bushel baskets Elbertas, "4 inches minimum. 2.00; wasty 1.00: 215 inches mlnlmum 26 tew 330 Trder 8, 1 % inches minimum. 2 bushel baskers Carmans inches minimum. 5 few 1.00 PEAS—One _California arrived: two broken and one unbroken cars on track. Supplies light: demand light: market s mpers Telephones. Wash- Colorado. fair auality 50 2 Vlruml g 8. No. 1, 1% York, bushel baskets, 1. Potato Prices Down. POTATOES—Truck receipts moderate: supplies moderate; demand light: merket slightly weaker. 100-pound sacks Cob- blers. U. S. No. 1. Pennsylvania. 1.00-1.10; New Jersey_ 1.10-1.15. TOMATOES——Truck _receipts liberal: supplies liberal: demand light: market weak. Maryland. bushel baskets. 50-60; Ta-pushel baskets 25 WATERMELONS—No carlot arrivals: no cars on track. “Truck receipts liberal: sup- plies liberal: ‘demand light: market steady. North Carolina. Tom Watsons, truck. 28- 35-pound average. 2 fachi boat. primes 10-15: selects ach. LIMA BEANS—Supolies moderite: de- mand light: market steady. Pennsylvania and New Jersey. bushel baskets. 1.75-2.00. SPINACH—Supplies_moderate: demand light: market steady. Pennsylvania. bushel baskets. Savoy tvpe, 75: fair condition. 50. ORANGES—No carlot arrivals; _two broken and three unbroken cars on track. California. boxes. 4.25-8.25. as to grade and_size HUCKLEBERRIES—Maryland. 10-12% pei quart: Virginia_ 14-15 per quart LUE‘B!‘RRE!S—N!W Jersey, gultivated, Maine, Nova Scotia. Pennsyl- 1.00-1.25: .50, "(\ 30 per dozen UME——Cllllor?inr‘ 4:basket crates, various varieties. ARINES c-lflnlmm 4-tacket 00, 1502 wasty. orida, ‘s-!}ughe} boxes. 2.50- Vi bushel boxes, , PPLES—Cul '3.00-4.00. T —one Califoris nrlve unSroken’ car o track - Ohior per bzen Simches. CPennsylvania: 50 per mnen bunches:_bushel_baskets topped. 1.25-1,5 ‘BROCCOLI—Pennsylvania. buspel rates; 1.5 CAUL!P’!.OWER—NHV York, Catskill sec- tion, crates "2 "CHICORY—Ohio, 16-quart baskets, 75- 2 BERS Pennevivania. bushel cucum baskets. fair quality. NAP _ BEAN:! bushel nd, 1.50: CABBAGE — Pennsylvania, 1%-bushel hampers; ET Po'rA'ro!s—No carlot arrivals: on broken car on Lra HONEY! S2 Ko® cmot arrivals: one broken and two unbro s on_track. EARS— No Ccarlot ‘arrivals; one broken car on track. 18-20 per quart: art fats ventilated crates. 2.5 AV Cuba B Pennsylvania. bunches PLI crates. L 3.50; Pennsylvania, baskets, flai iype 1.00- NEW YORK BAR SILVER. NEW YORK, August 4 (&) —Bar silver, steady and unchanged at 44%. i ) DNESDAY, AUGUST 4 Special Dividend Of $1.75 Voted by Bigelow-Sanford By the Assoclated Press. NEW YORK, August 4.—Directors of Bigelow-Sanford Carpet Co., Inc., nnonunced a special interim dmdend $1.75 in the common shares payable Sepuember 1 to stock of record August 15. Previous payments on the com- mon were 75 cents on June 1 and 50 cents on March 1. ‘The company reported net profit for the six months erded July 3 of $1,286,- 179 after charges but before Federal surtax, equal after preferred divi- dend requirements, to $3.84 a common share. ‘This compared with $497,795 or $1.33 a common share in the like 1936 period. WAGES OUTSTRIP COST OF LIVING Average Family Income Keeps Ahead Despite Higher Rent and Foods. 8Bpecial Dispatch to The Star. MINNEAPOLIS, August 4 —Though food prices have resumed theip rise, spurting sharply the first two weeks of July, and rental rates continue to climb, the average family's pay en- velope has definitely outstripped the cost of living during the past year; the Jjump in earnings has been most pro- nounced during the first half of 1937, according to a study of family buying power made by Northwestern National Life Insurance Co. An average United States family earning and spending $120 monthly in 1933 had to pay $141.62 to maintain the same living standards in June, 1937, but meanwhile the family pay envelope has expanded to $147.23, ac- cording to the study. A year ago it cost $135.68 to maintain the living standards which $120 would support at 1933 average prices, and the family pay envelope was $136; thus family income has increased $11 in the past year while living costs went up $6. The greater part of the gain in earnings has taken place in the first six months of 1937. A month's supply of food for the! “yardstick” family, which could be purchased for $30 at 1933 prices, cost | $37.86 in June a year ago, and an even | $39 at June, 1937, prices. Dairy prod- ucts, meats and cereal products have led the price rise of the past few weeks. Rent, for which the $120-a-month family could budget $24 in 1933, aver- | aged $29.19 for the identical grade of living accommodations in June, 1936, and had chmbed to $32.58 by June of | Realtors predict further | this year. substantial boosts in rental rates this Fail and next Spring, aggregating 25 per cent over present levels: this is necessary to bring rents into line with increased building costs, they declare. | Clothing prices have registered a 5 | per cent increase since a year ago; the | family’s cost for sundries has risen negligibly, while the fuel-and-light item registers a slight shrinkage, the| report shows. which reflects trends in gasoline prices and street car rates, has remained practically stationary for the past year. U. S. TREASURY POSITION. By the Associated Press. The position of the Tre: gust 2 penditures £57.501 % including - $306 3055 expenditures gross _ debt. . a decrease of $700.- previous day: gold as- 535 including S1 640" of inactive Roid- on short notice for building your home or REFINANCING SHANNON & LUCHS Loan Serrempendents STORS SYNDIC 1505 H St. NW. Natl. 2345 CONSTRUCTION LOANS AND STRAIGHT 3-yr. LOANS Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAUL 1403 INVESTIGATE OUR MORTGAGE LOAN PLANS £% Interest Up to 20 Years to Repay 0w PAY OFF your prin- Ycipnl in monthly install- ments, like rent, or in wha €ver way proves most con- venient. You avoid renewal uncertainties and expense. Come in and get the facts about our Mortgage Loan Plans. Find out how they are taking the burden out of home building for hun- dreds in the District, ne by Maryland and Vicginia. WEAVER BROS in¢ REALTORS Murtrage Loan Correspendent Maroplitan Lifs Inmrance Company WASHINGTON BUILDING DISTRICT The transportation item, | FINANCLAL. MUTUAL CASUALTY FIRMS SET RECORD Sharp Rise in Industrial Pay Rolls Brings All-Time Premiums Peak. Srecial Dispatcn to The Star CHICAGO, August 4—Augmented demand for workmen’s compensation insurance, fostered Ly the recent sub- stantial growth in industrial pay rolls, enabled the mutual casualty insur- ance companies of the United States to attain new all-time highs in pre- mium income during the first six months of 1937, the regular quarterly survey of its membership just com- pleted by the American Mutual Al- liance reveals, Eighteen of the largest companies reported an aggregate net premium income of $76,789.920 for the period, an increase of 23.8 per cent over their previous record of $62,014,972 regis- tered in the first six months of 1936. The 24 organizations of this type which are members of the American Mutual Alliance write more than two- thirds of the casualty insurance writ- ten by the Nation’s mutual companies. The companies have shown steady years ago, the new half-year record being a larger figure than the pre- mium income of all companies for the full year 1933. 1If the trend con- tinues during the remainder of 1937, the year's premium income will be approximately 75 per cent greater than that of 1929. automobiles and their greater use re- sulted in satisfactory advances in the automotive lines, second most impor- tant in point of volume in the cas- tabulation shows comparative miums by classification: 1st half 1937 ore- $76.780.820 39.608.827 4 pre- 1st half 1936 Total net miums Workmen's com- | . pensation Automob Other Dabiliry i Miscellaneous 1104 86 \IRON ORE SHIPMENTS SET NEW PEAK IN JUNE B the Associated Press NEW YORK, August 4—Lake Superior iron ore shipments in June | totaled 10,704,457 tons, a new record, against 10,107,883 in June and 7.159,- | 563 in July, 1936. For the season to | August 1, shipments aggregated 34,- 626,751 tons, aiso a new record high, against 18,837,073 in the like 1936 period and 32,910,830 in the like 1929 period, the previous record year . RUBBER FUTUBES NEW YORK August 4 (# —Crude rub- ber futures opened firm. 18 to 28 hizher December. ~18.65-61; FIRST TRUST LOANS LONG TERM 3% $5.60 per month per $1,000 includes interest and pay- ment on principal. Pays loan in 20 years. No renewal ALSO straight | loans and BOSS & PHELPS MORTGAGE CO. Loan Correspondent John Hancock Mutual Life Ins. Co. 1417 K St. N.W. NA. 9300 POPULAR FOR é-avtuzé BECAUSE THEY ARE Juu tec( Hundreds of Washingtonians now enjoy the benefits of saving here. Every account up to $5,000 is fully INSURED And liberal dividends are credited every six months. Inquiries invited. Under Supervision of the United States Treasury b BUILDING ASSOCIATION Washington Building 15th St. & New York Ave. District 9486 increases since the low point of four | Increase Is Shown By Construction Awards in July By the Associated Press. NEW YORK, August 4—July ene gineering construction awards aggre- gated $260,001,000, a weekly average rate of $52,000,000, Engineering-News Record reported today. This was a gain over awards of $226,595,000, or an average of $45.- 319,000 weekly in July, 1936, and an increase over the $50,190,000 average weekly for 1937 to date. July contracts, however, fell below those of the two preceding months, May awards averaging $58,735,000 and June $68,600,000 weekly. |JEWEL TEA VOLUME GAINS 13.05 PER CENT By the Assoclatea Press. NEW YORK, August 4 —Jewel Tea Co. reported sales for the four weeks ended July 17 were $1,798,580, an in= crease of 13.05 per cent over $1,590,« 962 in the same period last year. Sales for the first 28 weeks of 1937 were $12,342,292, an increase of 154 per cent over the like 1936 period. NATIONAL CAPITAL PRESS 3rd & N Sts. NE. Lin. 6060 Although workmen’s compensation | premiums were largely responsible for | the heavy increase, the larger sales of | ualty insurance fleld. The following | $62.014.972 | Producers of FINE PRINTING LETTER PRESS—OFFSET FREE ESTIMATES Safe Investments First mortgage note: 6% =i Washington and near- $500 up. “Interest 6% per annum. Bradley, Beall & Howard, Inc. Southern Bldg. Phone Nat. 0271 well secured on con- by Maryleml Denominations of Established Nearly 40 Years A Compact, Complete Program of Full INSURANCE May we advise you regarding your needs, and arrange a com- plete coverage all in one unified program? We handle all kinds of protective insurance. J. Blaise de Sibour and Company INSURANCE BROKERS 1700 Eye St. N.V Natl. 4673 SEND FOR free COPY MIDYEAR FINANGIAL REVIEW Slauson, White & Rowe, Inc. 305-10 Peoples Life | Mortgage Money For CONSTRUCTION LOANS and LOANS ON APROVED PROPERTY in the District of Colambia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 TO PURGHASE, BUII.D OR REFINAIBE Iuterest as Low as Easy Monthly Payments as low as $7.50 per $1,000. No commissions or renewals. may be paid monthly. Taxes Investigate our economleal loan plan. COLUMBIA BUILDING ISSWIATIOI 716 11th Street Opposite Palais Royal