Evening Star Newspaper, September 13, 1937, Page 19

FINANCIAL .3, BONDS SCORE MODERATE GAINS Corporate Obligations Turn Downward Along With o Stock Market. Bond Averages 20 10 10 10 Rails. Indust. Uil F'en. Net change. Unc. Unc. Unc. Unc. THE EVENING STAR WASHINGTON, By private wire direct to The Star. Approximate Transactions Today. U S Gov't Bonds__ 1.290,000 Foreign Bonds 1.330,000 Domestic Bonds__. 7,490,000 TREASURY. High. Low_ Close. 2345 1049-53_ 97.19 97.17 100.4 100.4 99.10 99.5 99.8 99.2 100.8 100.2 103.9 27%s1955-60... 38 1946-48_ | 3% s 1944246 3%51041-43 Mar Bklyn Un EIl bs "50 Bklyn Un Gas bs *50 Bruns & West 4s '38_. Buff R&P con 41857 BCR&Nel5s'34 __ BCR &N 55’34 ctfs_ Bush Term con 5s'55 Calif G & Erf 553 Camag 7s 42 ctfs_ Can'dian NR 4%s ‘51 Can'dian NR 438 '56 Can'dian NR 41857 Can'dian NR 4% '55 Can'dian N 55'69 July Can’dian NR5s'69 Oct Can'dian N db 6%s'46 Can'dian P db 4s perp Can'dian Pac 4%s 46 Can'dian Pac 4345 60 Can’dian Pac 68 '54 _ D. C ONDAY, 99 9214 1004 73% 161 144 52 100% 16% 113 1134 113 115% 921 73 16% l-l‘ « 107y BONDS ON N. Y. STOCK High. Low. Close. 2 9814 984 9215 100t 1004 734 1612 14% 52 100'% mzh MoK &T5s'62 A 65 Mo Pac 4876 __ . Mo Pac 55’65 A. Mo Pac 5s 7T F. Mo Pac 5877 F etfs._. Mo Pac 6378 G Mo Pac 55 '78 G ctfs.. Mo Pac 5s '80 H Mo Pacific 55° 81 1_. Mo Pac 5881 I ctfs_. Mo Pac 53%s°49 A Mob & Ohio 438" Mob & Ohio 6s'38 Monong Pub S 4%8'60 Mont Pwr 3% 66___ Mont Tram bs 41 ___ Morris & Es 3%s 2000 Nassau Elec 45’51 std Natl Dairy 3%s'51ww atl Dis P C 4148 "45_ 31 11\ 301 EXCHANGE Lu' Close. 6214 12% Central Reports July Net Income Far Below 1936 By the Associated Press. NEW YORK, September 13.—New York Central Railroad Co. reported July net income after fixed charges of $253,505 equal to 4 cents a share on capital stock. This compared with $1,049,693 in July, 1936, or 21 cents a share. For the seven months ended July 31 net income was $6,748,629, equal to $1.05 a share on capital stock, against $1,410,557 or 28 cents a share in first seven months last year. SEPTEMBER 13 193 DELAY IN STEEL REVIVAL FORECAST War Threats and Domestic Political Situation Held Obstacles. Special Dispaten to The Star. CLEVELAND, September 13.— Cross currents are evident in the steel market and evidence accumulates that FINANCIAL tracted in June has caused little dis- turbance in the market. Some opinion exists that this is an extension of the June purchase on better terms. As a matter of fact, brokers buying for export in Eastern centers have re- duced their offering prices in past few days. In the domestic market prices are largely nominal, but quotations have been lowered about 50 cents on va- rious grades. Consumers are buying little and on some cases embargoes against shipment on contracts are in effect. NEW YORK, September 13 (#)— Operations in the steel industry for the current week advanced 8.8 points to 80.4 per cent of capacity, compared | with 71.6 per cent last week, the Amer- *%3» A—19 LIVE POULTRY COSTS ARE TERMED EXCESSIVE By the Assoctated Press. The Bureau of Agricultural Eco- nomics said today that the $42,000,000 iNew York City live poultry industry must reduce handling and transpore tation costs if it is to prosper. In a survey of the industry the bu- reau reported a tendency in recent years toward less live and more dressed poultry. Officials indicated that the 12-cent per pound average cost of taking live poultry from the farm through the New York slaughter house to the retailer compared to & 10.2-cent per pound cost for dressed poultry is | responsible. Car & Gen 65 '50 ww_ Celotex 4%s 47 w Central Fdry ev b Cent of Ga 1st §s'4 Cent of Ga con bs '45 Cent of Ga 5559 C Cent of Ga rf 5345 '59 Cent 11l B& G 68 ‘51 Centof N J 4s'87.___ Cent of N J gen 5887 Cent of NJ sn 55'87rg Cent Pac 1st rf 45°49. Cent Pac 61 60 Cert'd deb 53548 Champ P&F 4% s '50.. Ches &0 3%s 96 D__ Ches & O 33836 B__ C&Oconbs'39__ Chi & Altref 3s5°49 Chi B&Q gen 45 ‘58 Chi B&Q 4%s 17 | Cni B&Q ref 587 * | Ch1 B&Q1 div 3% Chi & B I1) 6s°51 Chi & E I11 b5 '51 ctfs Chi & E 1st 55’82 F:! Grt \VEB(,‘S‘ 59 NH & H 48 ‘57 i I&L gen 5566 - ; d e Chi Ind & L ref 65’47 P NY NH & H 4348 07 - YNH&Hev 68’48 CM&StP gn 434589 C. Y O&W gou 48 55, CM&StP 43%s 89 B.__. . . - CM&StP6s'T5 ] 4 5 CM&StP&P 8di5s2000 6 51 5y | N Steam 55’56 Chi & NW gen 3345'87 ¢ NY Steam 1st 6 Chi & NW 43,8 2037 Chi & NW 43452037 C Chi & NW 4%5°49 _ Chi & NW gen 68 °87_. Chi & NW rf 65 2037 C&NW Nr W 6145 '36 Chi R I&P rf 4s 34 Chi R I&P rf 48'24ctf. Chi R I&P gen 43’88 Chi R 1&P 438 ‘52 Chi RI&P 435 '52 ctf Chi R 1&P 4348 60 Chi Un Sta 3%s 63 B Chi Un Sta 45 44 __ Chi & W In con 4s '52 Chi& W Ind 4% s '62. CinG& E3%s 66 Cin Un T 2%s D gtd Cin Un Term 5857 C. CCC&St L1t 4 %8778 Clev Un Ter 43877 Clev Un Ter 6873 B_ | Colo & So 434580 Columbia G & E deb 58'52 April_ —— Columbla G & E b5 *52 May Columbia G&E 68 Colum Ry P&L 4565 Comel Credit 3%s 51 Com Inv Tr 3%s'51 . Conn R&L 4% Cons Coal Del ConsEd N ¥ 3 2 100% 9313 80 T4 | 3%51940-43June | 3%51946-56____ 48 1944-54 43453384 438104752 FEDERAL FARM MORTGAGE 351047 the expected revival after seasonal Summer slackness is likely to be de- layed until late this month, says Steel. European and Oriental threats of war have an unsettling effect and the political situation as it touches in- dustry is none too reassuring. Buying in heavier steel products is definitely light, railroads deferring decisions until rates and wages have been settled Building is slack and ap- proaching colder weather. The ex- pected outpouring of specifications for automotive use is somewhat de- layed, though some business for this | purpose is being placed. On the olhzri hand ,some increase in buying is noted, especially in sheets and bars, | largely attributable to auto require- ments. Producers are far from being hard pressed to continue operations at a satisfactory rate. In sheets backlogs are still extensive, deliveries in some | cases being as far deferred as 10 weeks, though other mills can do better. Tin plate demands are strong and production is at the highest point. Demand for semi-finished steel is lively and wire products are increasly active. Steel production was reduced last week by the Labor day shutdown of various producers, the rate for the week being 72 per cent. However, operations were resumed to an extent that carried the rate to about 78 per cent for the latter part of the period. For the week operations at Pittsburgh declined 14 points to 69 per cent; Chi~ cage, 13 points to 73; Eastern Pennsyl- vania, 0.5 point to 64.5; Youngstown, 8 to 65; Cleveland, 16 to 62; Buffalo, 7 to 79; New England, 5 to 65, and ‘Wheeling, 15 to 76. Detroit gained 5 points to 100 per cent. Rates were unchanged at Birmingham, 91; Cin- cinnati, 89, and St. Louis, 77. Contract prices on ferromanganese, domestic spiegeleisen, ferrochrome and ferrosilicon have been reaffirmed, thus settling a trade question which has been causing some speculation. Oonclusion of negotiations by the European scrap cartel for about 250,- 000 tons of steelmaking scrap for ex- port at about $2 above the price con- Today, noon 86.5101.8 96.6 69.6 Prev. day... 8651018 96.6 69.6 Month ago.. 91.1103.1 984 723 Year ago... 95910341025 704 1937 high__. 99.0 104.4102.8 74.7 1937 low. 86.5101.8 958 69.6 1936 high... 98.2104.4 103.1 73.0 1936 low 86.9101.8 99.3 67.6 1932 low ... 458 400 646 422 1928 high___101.1 98910291005 10 Low-Yield Bonds. Noon _.._109.6 Prev. day. 109.4 Month ago 111.2 Year ago. 112.4 1937 high_ 113.7 1937 low__ 108.4 1936 high. 1135 1936 low__ 110.2 1928 high_ 104.4 1932 low_. 86.8 at R M 4s'77 asst. atl Steel 48 65 ew Jer P&L 4%s 60 ew Orl P S 68 55 B NOT&M 5% Bcfs N Y Central 3%s '52_. NY Central 3%s *97 NY Central 3%s '46 NY Cent con 4s ‘98 __ NY Cent rf 4148 2013_ NYCrf4%s2013n__ NY Cent rf 58 2013.__ NYCLSh3%e'98. __ NY Chi & St L 45 46.. NYC&St L 4%s'78 NYC&St L 534874 NY Cht& St L 6338 NY Conn 5s'53 B :\Y Dock 18t 4851 ¢ Dock 58 '38_ Edison 2% s'65 D. Eldisref 33,8 ‘66 G El H&P 5848 __ L& W 1st4s’73__ ican Iron & Steel Institute estimated | Reductions in freight costs and today. terminal market charges were sug- A month ago operations averaged | gested as a possible means of cutting 83.2 per cent of capacity, while a year | costs. ago the rate was 72.5 per cent. Washigt‘or'nvt;—cilange SALES. Washington Gas 5s 1958—$500 at 105%%. Washington Gas pfd—5 at 981, 10 at 98, Lincoln Service pfd.—10 at 45%%. AFTER CALL. ‘Washington Gas pfd.—15 at 98, 10 at 98',, 10 at 98, 10 at 98'%, 10 at 983, 10 at 98%;. Potomac Electric Power 6% at 11215, Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid Amer. Tel. & Tel. 4%s 103 Anacostia & Pot. U. S. TREASURY NOTES. EW YORK. September 13 () quoted in dollars and thirty-seconds Approx. | Rate Mo, Bid. Money for Construction Loans d 421 | Prices | 1074 | 9 HOME OWNERS’ LOAN. u.nluz 44 20 %81939-49_ 3 2 107% 86 H% 107 al Loans on Existing Properties % FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat'l 0350 99.22 100.4 101.27 Asked. yield 100 101 1012 Abitibl Pa&Pw 65 '63 | Agr Mtg Bk Col 6547 Agr Mtg Bk Col 6s'48 Akershus 5s 63 Alpine Mont S 7s '55 Antioquia 7545 A___ Antioquia 7s ‘45 C Antloguia 1st 78 '57__ Antioquiz 2d 78’57 n- issues | Antioquia 3d s 57 bond | Antwerp 6s ‘58 _ Argentine 45 72 Argentine 4s Argentine 4%s Argentine 6s 59 Oct Argentine 65 '60 May. Argentine 6s 60 Oct Argentine 68 61 May. Australia 4%s 56 Australia 5s ‘55 Australia 5s ‘57 Austrian Ts 57 104 Belgium 6s '55._. 108% | Belgium 7s ‘55 116% Brazil 6338 2 3 Brazil 63s ‘27-'57_. Brazil 7s '62 Brazil 8s 41 Brisbane 6s ‘58 Brisbane 6550 Budapest 6562 BA4%s-4 BA4Y-12 | Bulgar Bulgaria 7%s 68 Canada 2%s 44 Canada 2348 ‘45 Canada 3s ‘67 _. “anada 8% 61 Canada 4s 60 Canada bs '52 Chile 6s'60. Chile 6561 Jan Chile 63 '61 Febr. Chile 6361 Sept.. Chile 6362 Chile 65 63 Chile Mtg Bk 6561 Chiie Mtg Bk 6135 '57 Chile Mtg Bk 6% s 61 Colombia 6s 61 Jan__ Colombia 6s *61 Oct__ Col Mtg Bk 635 '47__ Col Mtg Bk 7s Copenhagen 4% Lo- c.;(m edid 4 110% (Compiled by the Associated Press.) 108 100% 101 Y 1211 9% ° 2 102% 1 o 10% 10% By the Associated Press. NEW YORK, September 13.—Under support inspired by the Federal Re- serve Board's credit easing program, United States Government scored moderate gains in today’s market. Corporate liens, showing a like re- eponse to board’s action in the early dealings, later turned downward with the stock market. # The Federals moved up 1-32 to 10-32 of a point on an expanded volume and ruled firm around top levels, | In contrast, some speculative rat-| Ings in the corporate sector yielded early gains ranging from 1 to 3 points and in the late trading a number were quoted 1 to 2 points under previous closings. The reversal affected Baltimore & Ohio 4!3s, Great Northern 4s, Inter- | national Hydro-Electric 6s, Southern | Pacific 4'2s, Nickel Plate 5s and| Studebaker 6s. Western Union 3%4s| yielded 3'; following publication of‘ & statement showing a large decline | in July earnings. Loans of American Typefounders, Cuba Northern Railway, International | ‘Telephone and Bethlehem Steel held | 4part of the early gains. ———— $4,000,000 TO BE SPENT. NEW YORK, September 13 (#).—As the first step in a $4,000,000 rehabili- tation program, American Steel & Wire Co., subsidiary of United States | Bteel Corp., has awarded a contract | to American Bridge Co., also an affili- #ate of United States Steel, for the construction of five additions to the | buildings of its Cuyahoga plant, Cleve- land, it was announced today. All the Elements of a Sound Investment FIRST MORTGAGE NOTES Sound security to protect the principal in locations where values are increasing make Shannon & Luchs’ first mortgage notes a pre- ferred investment. SHANNON & LUCH, Members of the Washinoton Real Estate Board 1505 H St. N.W. Natl. 2345 Asked. ah 2 i 10011 9y 9% 1007 941y 94 102% 1004 100% 100. 1004 1024 1074 107 10414 9oy, 1004 METAL MARKET. NEW YORK. September 13 (#).—Copper teady: electrolytic. spot and future, 14.00 Xport, 13.85-90. Tin_ste nearby, future. New York. spot spot. B 25, and future, ern Prnmylvm.n Alabama. 20.0( per cent. 2000, Quicksilver. 90.00. Tungsten scheelite, 1901 | 9414 943 1025 1004 1004 1004 10045 | 1024 107 106% 104 108% Capital Traction City & Suburban Georgetown Gas Pot. Elec. Pow ash, Gas bs 19 Washington Gas 55 1960 Washogior Shhiee. 450 MISCELLANEOUS. Chevy Chase Club 1st 4Ys Col. Country Club 1st 4Vs W. M. Cold Sforage 55— STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9)_ Gapital Transit Co 3 & W. Steamboat (6)° pm Elec. Pow. 6% pid. () EL_P_5'%2% Df. (5.50)- Waihe @, L. riew 01200 Wash. Gas pfd. (4.50) Wash. Ry. & EI com. flfl)_ Wash. Ry. & EL pfd. (5)_ BANK AND TRUST ‘compANy. Amer. Sec. & Tr. Co. (eR) _ 280 300 Bank of Bethesda (h75) 34 5! Capital (4) om. & Savings (e10) Tiherts () s Lincoln (16,25) " Natl. Sav. e Georkes BE. & T¥. (50) 1004, 1004y 1007 1004 1024 107 106% 6 B0 aatrajo Aluminum, Antimony. orth Am Ed 58°'57 A orth Am Ed 5569 C. OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM’S FURNITURE HOUSE 1116 Eve St. N.W. Phone NA. 2181 Norn Pac 418 2047. Nor'n Pac 6s 2047 | Ogden L.C 15 48 Ohlo Edison 3%s'72. Onlo Edison 4s 65 Ohio Pub Sve 78’47 _ Okla Gas & Bl 1846 Oreg RR&N 4846 Oreg W RR 4s 61 Otls Steel 414862 Pac Gas & E13%s'66. PacG&E3%s 61 .. PacG & E 4564 Pac T&T 3% s 66 C - Panband EPL 4s '52 Para Broadway 3s ‘65 Param’t Pic 83,847 . Paramount Pic 6s '55. Parmelee 6s 44 Penn Dixie C 6s'4 Penn P& L 43881 _ Penn PRS%!WI ——— Penn RR 3%s 70 C. Penn RR cn 4548 stp Penn RR 4%8°81 D _ Penn RR 4% s 84 Penn RR con 4%s'60 Penn RR i1 48 '65 Penn RR deb 4%s '70 Penn RR gen 65’68 People GL&C rf 6°47 Peoria & E inc 4s'90_. Pere Marq 4%s'80 __ Pere Marq 1st 5s 56 Phelps Dodge 314 = '52 Phila B&W 4%5s'77__ Phila Co 55 '67 Phila Elec 338 '67 Phila & R C&]1 6873 _. | Phila & R C&1 6s 49 Philippine Ry 4s°'37_ PCC&St L 4%s'71C_. PittsC& 14%s'52 A Pitts&W Va 434859 B Pitts&W Va 4% 560 C Port Gen El 4%8 60 Porto Rico A T 6s’42. Postal Tel & C 63 '63 Pressed St Car 58’51 Prov Sec deb 4857 Purity Baking 6s 48 R-K-O6s"41 .. ... Reading Jer C 48 ‘51_. Reading R 438 97 A Rem-Rand 43 s'66ww Repubdlic Stl 4%s "50_ Republic Stl 4%8°56_ Republic Stl 43,8 °61_ Republic Stl 538 *64. Revere Cop 4148 '56__ | Roch G&F 5562 | safeway Stores 4s'47 St LIM&S R&G 4533 StLRM& L St L-S Fran 48 50 A_. St LS Fran 4% 78 _ St L-S F 4%,8'78 cf st L-S Fran 5860 B_. LS F58'50 B ctfs. LS W lst4s'sy PR CSL4%s"41_ San A & A Pass 4543 San An P Sve 6552 A San Diego CG&EAS'65 Schulco 634 5'46 A stp. eabd A L 4s'50___ eabd A L 45 '50 stp_. Seabd A L ref 45’53 __ Seabd A Liad 5s'49_ Seabd A L 63’45 A __ Seabd A L 68 45 ctfs_ Seabd A-F1 6835 A ct Seabd A-Flaés’35B ct Sharon Stl cv 43851 Shell Un deb 3% ‘51 Silesian Am 7s'41___ Stmmons Co 4852 Skelly Ofl 43°51 ___ Socony Vac 3%s'50 South Bell T&T 6541 Southn Cal Gas 45’65 Southn Cal G 414861 Southn Kraft 41(8'46 “| South Nat G 4%s '51_ SoPac3%s 46 _ So Pac ref 48 ‘55 So Pac 414568 So Pac 4%3 69 So Pac 438 ‘81 So Pac Oreg 4%8'77_ So Ry gen 4866 A___ So Ry 6s'94 So Ry 6%8'66._ S W Bell Tel 3345 '64. Southw'n G&E 4860 Stand Ofl N J 8s°61__ Studebaker cv 68 '45_. | Tenn C&C 6544 B Tenn El Pw 6s 47 A_ Term AsSt L ‘63 Texas Corp 3%s'61__ Texas & Pac s "79 C. Third Av ref 48 '60 Third A ad in ex 6866 Tide Wat O11 3% s'52. Un Oil of Cal 3%s '52 Union Pac 1st 48 4T _ Un Pac 1st rf 4s 2008 nited Drug 68’53 U S Pipe&Fy 3% s'36 U S Rubber 68 "47 __ Utah L& T 58 44 A_. Utah P& L 5844 ___ Util P& L 5859 ww_. Ut P& L6%s 47 _ Ver Sug 1st 75’42 ctfs Va Ir C&C 1st 5849 __ Va Ry 1st 3%s 66 A_ Wabash 434578 _, Wabash 1st 6s 39, Wabash 68’80 D__ Walker H&S 434 » " Walworth 4s 65 Warner Bros cv 6s ‘39 Warner-Quin 6s ‘39 _. ‘Wash Cent 4548 West Penn P 3%s'66. West'n Md 1st 4s '62_ Westn Md 63%8°77 Westr: Pac 68’46 A West'n Par 6546 A as West'n Un 4%s8 50 Westn Un cl tr 68 '38. Westn Un 6561 ____ West'n Un bs 60 | Wheel Steel 434866 | W Sp Stl 1st 78735 ct W Sp Stl con 7s 35 et Wilkes B&E 1st 6542 | Wilson & Co 33 '47__ | Wilson & Co 45 55 Wis Cent 15t gn 4s '49 Y'ngstn S&T 4s°61 107'& 16 98% | MflNEY TO LOAN ON REAL 100% 1044 1075 8 1003 100% 10435 1 107% 90 10014 106'% 56 165 51 1001y 106 54 108% 105 4 306 89% 54 Wash, Loan & Tr. (e8) FIRE !Nsmv.ANcE @) _ o 104% 100% 100% 997 ELEN 10415 9613 99% i 98% | 10413 | 9613 | 103 106% 1001 987 1047 971 108 1 106%106% 6714 669, 104% 10355 10554 100 103'% 10134 American Corcoran Firemen's Retions “onion (.60) TITLE INSURANCE. Columbia (.30) - 13% Real Estate (6) 160 MISCELLANEOUS. | Carpel Corp. (2.00) Lanston Monotype (14) Lincoln Serv. com (11.00)- Lincoln Service pfd. Mergenthaler Lino. ( Peoples Dr. Sf. (6.50) -110" Real Est. M.&G. pfd. (**.30) 4% Securlty’ Storage (5) & Wh. Corp, Cons Gas NY 4% 51 Consol Ol 3%s '51 Consum P un 33865 Consum Pwr 3%s'70 Consum Pwr 3% s 65 Container deb 5543 Container 6546 Crane Co 33561 __. L 101 |CrownC&S4s'50 __ 10215 | Crown Will P 65 ‘51 _ 1061, | Cuba Northn 514542 721¢ | Cuba RR 1st 65’52 _ s, | CUba RR ref T4 36 %% | Dayton P&L 3% '60 107% | Den & R G con 4836 34 |Den&R G 43536 38% | Den & R G W 68’55 _ 38% | Den & RGW 58’'5hasst 231; | D&RG W rf 5878 __ Det Edison 3%s ‘66 __ Det Edison 4365 F Det Edison 43%s '61 D Dow Chemical 3s'51_ Duquesne Lt 3%s 65 Elec Auto Lite 45 '52. Erle gen 45 '96 Ere ref 5867 Erie ref 53'75 7 Fairbks Morse 45 ‘56 Fed Lt&Tr 6554 B._. Fla EC Ry 4%8'59 . Fla EC Ry bs ‘14 Fla EC Rv 55 '74 etfs Fond J & R 4s'82 flled | Francisco Sus 65 '56 Gen Am Inv 5852 100% Gen i able 63%8°47__. 106 | Gen Mot Acc 38°45___ 1014 | Gen Mot Acc 33%s'51. 101 | Goodrich 4%s ‘56 101 | Goodrich 6s°45 103% Goodvear T&R 5s'57 1041, | Grt Nr Ry 3%.5'67 907 Great NRy 48 46G 117 |Grt NRy 4s 46 H 106 GtNRgn4%4s'76 D 101 Grt NRgn4%s'TTE 1017 GrtNRgn5s'73C__ 106 Grt NR5%s 62 B Green Bay 53 '62 B Gulf M & N bs 50_ | Gulf States Utl) 45'66 Gulf Sta Utll 43846 Har Ry PC1 st4s 54 Houston D1l 63840 H'satonic con & Hudson Coal 58 ‘52 __ | Hud & Man nc 6s '57_ Hud & Man ref £s '57_ 111 Bell Tel 3%8°70__ 111 Cent ref 455 111 Cent 4%s ‘66 111 Cent ref &s ICC&StL N O 414863 “&St L N O 6863 111 Steel deb 4348 "40 Inland St 3% 61 _ IntRT ist rf 6566 53°66 ctfs " IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia 1(!1’4 105% 100% 104 101 612 10614 10412 4z 101% | 105% | 10015 104 101 1063 10415 Beal Estate Officers Invite You te Cenfer Washington Loan & Trust Company shar IThae Mamber, Federal Reserve Sysiem and Federal Deposit Insurance Corporation. SN N SN SN, - 110 @) 60 ) 60 .- 120 2% extra. 11%% ex- 30e paid June 24,1037, First Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Cordoba 7s 42 prv___ Cuba 638 45 Denmarx 4% Denmark 514 Denmark 6s 42 92 score, 1-pound prints Dowipin e S%¢ 6k b7 o score! | E1 Salvador 85 '48 ct. oun t o S 5, markee mom‘ . Finland 6545 ATSChoice best. 25 Ger C Bk A 6538 N SO, Ger Gen Elec 6s '48 g Ger Gen Elec 7s 45 Ger Gov 53565 un st Ger Pry & Clty Bank con Ag 6% s o Te aomiod Ger Rep7s 49 un st_ Grt C El Jap 6% 50 Grt C El Jap 7s ‘44 Greek Gov 68’68 |1ty 7861 Ital P U Crd 78 '53. Japan 535 6o.. Japan 63554 Lombard Elec 7s '52 Met Wat 5%5 50 | Milan 6348 52 Minas Gers 64 s '58 59% tPlus_extras. tra. h 75¢ extra, NEW YORK BANK STOCKS NEW YORK. September 13 (P).—New York Security Dealers’ Association: (Quotations as of 2 o'clock.) Washington Produce BUTTER—8 Ys-pound prm 1-pound pri tub, 3 pork loin. mm %6, Tresh skinned ham ‘fi’c"k“ e, 38 shiced bacon, 2K on, 33; compound. 12%2; lard, an gaid shippers, net 1. o h Wash- ingt the United States Bureau of Aicuitural Economice, | EGGS—Market firm and prices higher on United States Government graded eggs. Current reecipts. whites. best gual- 1ty, 27-28: ordinary quality Ern%eul kraded and dated “white Jarge. 36%; U. §. standards .s sihnanras meda: 24, POULTRY—Market just _sbout at unchansed prices on Schickens wl. Fowl: Colored, hea . 13-14 Le'homs is Chickens are ses. 2 107% 34 38% calves. 15: fr 17; 2dh | g Bk of Man siab | 201% Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100 106% 108 69 641 641 101% 9214 68 105 9 Corn Ex Bk & T (3)_ Empire Tr (1) First Nat (Bos) Terms Arran n D m @) Easy Monthly n‘y-‘nl‘ 2 81 71 65 9% 3 1[\2\ First Natl (100) Guaranty Tr (12) Irving Tr (.60) Manufacturers Tr (2) Manufacturers Tr pf (2)__ Natl City (1) z N Y Trust (5) i Eublic (1%8) - Title G v extra oF exti FEDERAL LAND BANKS NEW YORK. Sentember 13 (P.—Federal Land Bank bond: Rate. Maturit 4Ves Nov. 19 large, S i 101 921 68 10% 9% 4 65% 100% 106 10114 100% | 100% 102 | 1047 Y05 1131 | 10415 101 101% | & 106 |8 117 10 9215 102 104% 91% 102 60 39% 25 6214 10614 70 52 MIMBIR BUILOING OCIATION unds, hroflmx turkeys. 315 pounds | 32 10D & ba % ot 20805 | | Minas Gers 63455 Fruits and Vegetables. ;M‘"‘L““““ W apBies an":arl:e Jots by_original receivers | New So Wales G '68.. luppllelu;;dg;‘::‘r” demand’ 1t maik Norway 4%s 6 s 103% : Marsland. any.\y.v\'u | Norway 412856 _ 105% R TN Orfental Dev 5%8'68 55 55 mrh mln'm\ m. Oriental Dev 63 °53 605 O 0slo G & 10244 Panama 6s 63 llnl1 58 Paris Orl Ry 98 Pernambuco 7 2214 | Peru 6s 60 16% Peru 63 '61_ 16% Peru 7s "5 17% Pirelli 78 " 102 Poland 6s 40 Poland 8850 Porto Alegre 73s '66. Porto Alegre 88 '61 o | Queensiana 6347 ¥ 11 | Rio de Jan 6348 63 tes. washed. | Rio de Jan 85 46 crates. washed. | Rio Gr do Sul 68 o | Rio Gr do Sul 7s " | Rio Gr do Sul 8s '45 | Rome 615852 Roumania 7s ‘59 Sao Paulo C8s'5 4 654 6514 100% 106 101% 1004 100% 102 1044 9015 11214 10415 101 101 106 117 10 9214 102 104% 914 102 60 3914 24% 6215 4 1057 ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. Equrrasie Co.opEraTIVE BUILDING ASSOCIATION 915 F STREET N.W. Organized 1879 1084 - ey 109% 102 70% 8214 109% 102 70 100% Bid. Asked. 037 104 e 1017 1023, 10032 10873 105 10013 1001 10014 DIVIDENDS ANNOUNCED NEW YORK, September 13.—Dividends declared. . 90-1.00 “MéTntosh, -inch minimum nch _minjmum 10074 PUT YOUR MORTAAGE ona long-term basis— AT 5% Avom the expense and uncertainty of periodic re- newals and refinancing. Our Mortgage Loan Plans allow up to 20 years to repay. Low interest rate— only 5%. Repayments to fit your budget—monthly, like Tent, if you prefer. If you are planning to finance a new mortgage, or refinance an existing mortgage, find out about our Mortgage s. WEAVER BROS ¢ REALTORS Mortgags Lian Corvespondens. Maropalizan Lifs Insrance Company s Greenings. inch minimum, Special. Pe- Btgck of Pay- 1045 5 9114 10214 Auto Voting Mach Auto Vot Mach Brit American Prown F Diar 39 61 8180 & Pyle-National B0c 7¢ Q sc pers: Domestic round 1ype ;00: mostly #0; Bavoy type ork. 50-pound sacks. domestic round . 6575, Unit Inv Realty A Vichek Tool i 4 L, 1.00-1.50 ETTUCE—Supplies light; market weak erates, Icebers type ONIONS—Supplies light: market steady Jows U. 8 No. 1. Indi New York 60-1.00 Peach Market — i NEW YORK SUGAR. NEW YORK, September 13 (P).—Aside from declines in nearby positions under renewed liquidation. sugar futures held generally steady today in both contracts. September No. 3 declines 3 points to 243 and was holding around this level at the beginning of the last hour, while the new crops were at or a point above the previous close with May selling up to ‘T No. 4 October sold off to 1.09 or 4%, points net lower, while March rallied | from 1.14% to 1.21 and was ruling around 1.20% at 2 p.m. or net unchanged. & ‘moder Sao Paulo a0 Paulo Saxon & ets. Elbertas. U .75: Hales minimum, 2.00 to fair condition e 106% 107 99% 4 100% 9674 1025 Al size Bell s. IntRT 7832 Int R T 7s 32 ctfs_ Consider These Facts When You Wish To Arrange A RIBEAL ESTATE LOAN @ LOANS on improved or to be improved real estate— as iow as 7.50 per thousand per month including interest and curtail . . . No commis- sions . . . No renewal fees. Let us help you solve your problem with a Pupctual loan. " RBASSuppiie market steady ODD LOT DEALINGS By the Associated Press. The Securities Commission reported to- day these transactions by customers with odd lot_dealers or specialists on the New York ‘Stock Exchange for September 11: 494 purchases involving 236.7§4 shares, 332 B Mvervine 5 res. FREIGHT LOADINGS. NEW YORK. September 13 (#) —Revenue freight carloadings on railroads reporting today for the week ended September 11 included: Sept, 11, Prev.wk. ¥y ago. Atchison 2 5.585 Baitimore & Ohio 46, |1m | Tokio 516561 _____ | Tokio E L Ltd 65 Ujlgawa B P 7s '45_. | Uruguay 6s 60 | Uruguay 6864 | Warsaw 7a 58 Int Grt Nr 6s Int Grt Nradj 6852 A Int Hydro Elec 6s'44 Int Mer Marine 68’41 Int Pap 1st 6847 A__ Int Pap ref 6s 65 Int T&T cv 434w ‘39 Int T&T 4%s 62 | Int T&T 5855 Iowa C 1sté&rf 4 Kanz City So ref & | Kans C Ter 18t 4s '60 Kans G&E 4%s '80 Kelth's 6546 € Ky Cent Ry 48 '87_. Kings Co El 4s'49 Koppers Co 45’51 Kresge Found 314#'47 Kresge Found 4s '45_ Laclede Gas 5339 .__ Laclede G 6%s ‘63 C Laclede G 638 '60 D | Lake S&M So 3158 '97 Lautaro Nit 19768 __ Leh Val Har 5354 LV NY 1st 4545 gtd Leh V P con 48 2003 | Leh V P con 4148 2003 Leh V RR con 58 2003 Ligg & Myers 65 '51_. Loew's 34846 Long Isl ref 4s'49 Long Isl rf 48’49 stp_ La & Ark 53 69 L &N 1st 482003 _. L & N unif 4s°40 L&N 4382003 C L& N 58 2003 B L& N So Mon jt 48’62 McKess&Rob 6%8'50 Me C RR gn 4345'60 A Manati Sug 7%8'42 _ Man S 1st 73 42¢ctfs Manhat Ry 4s ‘90 Manhat Ry 4s ‘90 ctfs Market St Ry 7840 A | Mead Co 6545 1st rf 436368 | R&L 68 61 Mil El R&S L rf 571 Mil Spa & N W 45°47_ MStP&SSM en 4s 38 MStP&SSM bs 38 gtd Mo K & T 1at 48'90__. MoK&T4s 628 106% 102% 9714 864 PERPETUAL Building Association is the largest in Washington, and one of theleadersintheentire United States. DOMESTIC BONDS. Adm Exp 43546 std 104% 1043 104% 46 gtd 103% 10 Alb P W P 6548 asst 6515 Alleg Corp 58 44 87 Allex Corp 68 49 Alleg Corp 68 ‘50 st | Alleg & Westn 4s | Allied Stores 4% s | Allied Stores 435 '51 Am & For Pw 58 2030 | Am Ice cv 5863 |Am LG Chb6%s 49 |Am Int1 6%s 49 __ |Am T & T 3%s 61 |Am T & T 333 66 . |AmT&T 435839 |AmT & T 648 43 Am T F 23 5-55"38-"50 | Am Wat Wks 63 75 ’" | Anaconda deb 4%s ‘50 ats, | Anglo-Chil Nit 78 125 | Armour(Del)1st 1951 Armour (Del) A T&S Fe gen 4 A T&S F 10215 97% 93 -. 104 884 109% ldens U. S VB ETABLES. supplies very light: dem D WASHINGTON BUILDING DISTRICT 9486 bushel hampers. CUCUMBERS-— mand “light; market bushel baskets, 1.0 CAULIFLOWER PERPETUAL has over 55,000 bor- rowing and savings members. 108% 104% 1084 104Y% e 96% 109% | PERPETUAL'S Board of Directors keep in close contact with the officers and materially assist in the speedy handling of loans. 107% 111% 105% 90% 109 - 106% 96% 981 1047 10415 9914 9914 9Bl 9814 102% 102 107 106 406 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. _'umbn crates, 6s 109% 1021 1071 100 100 4115 69% 365 3.00 " } Colorado jStandards MELON; sfc standards. 1.7 sumbo Jumbo flats 100 5 Atl Coast L 1st 4853 | Att Coast Line 6345 Atlantic & D 1st4s’ AtIG & W 13t 68769 B&O 1st¢s & B&O 438 60 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 & ESTREETS. N.W. ESTABLISHED 1881 Largest In Washington—Assets Over $43,000,000 ARTHUR G. BISHOP MARVIN A. CUSTIS EDWARD C. BALTZ Secretary ifornia, ponys P 997% 100 jumbos 4l 6915 69% 9% 97% 54% 54k 10274 1027% 67 67 67 67 S 94 91% 9 97 boxes. 1.00. e and Nova Scotia, York, bushel baskets 2-inch minimum, 1.50; 5' Californiz. boxes Moun~ ts, 2.80-2.70. a8 to size ES— New York lugs. 1.00. ROCCOU——PemuyI\nnn bushel erates 175-1.50 S INACH— Pennsylvania New Zealand. 1.00: skels. 1,00, ELERY CABBAG! RsLn—rmmy.\nn . ¥ box | Easy Monthly Payments as low as $7.50 per $1,000. No commissions or renewals. Taxes may be paid monthly. Investigate our economical loan plan. COLUMBIA BUILDING ASSOCIATION 716 11th Street Opposite Palais Royal bus bas- Ohlo. 16-quart E—Ohio, Bang&Aroos 4s ‘51 Bell Tel of Pa 5560 C bas- | Beth Steel 3% s 66 ARSN',I(I:B — Pennsylvania. ‘i-bushel | Both Steel 4% s 60 PL '_New York. bushel o8 & Me 44,861 J__ P‘LA‘N‘]“‘ ew Yorl ushel baskets, | Bos & Me 6s 67 = 'UNES—Idaho | —Cuba. crates. Bos N Y A L 4s'55... 20, PPL] rida, bushel Dbaske slans 2 .00 Bot Con M 6%s 24 _ Bot Con M 6% ‘34 ot CORN—Nearby, sacks. 8 1.00, Bklyn Ed con 3% 16-quart 12615 1201 b 948 94 o 1041 109 1014 10214 101% 10215 16-pound lugs Italian 144 144 100% 100% 3 73 § " 101% 101\9 18% 18 102% 102% Chairman of The Board President five-dozen, Bklyn Man T 4128 '66 75 N 1}