Evening star. [volume], February 18, 1937, Page A-17, Image 17

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
HAD BONDS
IMPROVE FURTHER
Junior Issues Still Climb
as Various Low-Yield
Liens Ease.
Bond Averages
20 lO 10 10
Rails. Indust. Util. F an
Net rhange. tfnc —.1 .Unc Unc
Today noon. 97.3 103.9 101.7 74.1
Prev. day... 97.3 104.0 101.7 74.1
Month ago.. 98 7 104 4 102.6 74.0
Year ago... 94.1 103.9 101.0 71.3
1937 high.. 99 0 104.4 102.8 74.7
1937 low_ 97.3 103.9 101.7 73.0
1936 high... 98.2 104.4 103.1 73.0
1936 low_ 86.9 101.8 99.3 67.6
1932 low_ 45 8 40.0 64.6 42.2
1928 high—101.1 98.9 102.9.100.5
10 Low-Yield Bonds.
Noon _110.7 Prev. day. 110.8
Month ago 113.1 Year ago. 111.5
1937 high. 113.7 1937 low.. 110.8
1936 high. 113.5 1936 low. 110.2
1928 high. 104.4 1932 low. 86.8
(Compiled by the Associated Presa.l
8r the Associated Press.
NEW YORK. February 18—Junior
rails won further ground in today's
bond market as various low-yield cor
porate issues sagged. •
In the latter group some losses ran
from major fractions to a point, sug
gesting investment sentiment was still
confused on the question ol future
money rates.
On the other hand. United States
Governments held to a fairly even
line in spite of a few minor dips.
6ome of the lower coupon Treasuries
edged up a little.
, While certain of the rails were
•kipped over in the buying movement,
fairly broad improvement in values
was registered in early trading. As
W’as the case yesterday, demand was
motivated by a modest upswing in
the general run of carrier shares.
Trading opinion was that both liens
and equities were being helped by
the currently favorable trend of car
loadings.
Detroit Brokers
Face S.E.C. Charge
Of Manipulation
B? the Associated Press.
The Securities Commission charged
Dart <fc Co., a Detroit brokerage firm,
today with manipulating Lakey Foun
dry <fc Machine Co. stock. The firm
was ordered to appear here March 8
for a public hearing on the charge.
The firm's members are Harry’ A.
k Dart. Meyer Steinberg, Nathan Stein
berg. Abraham Koven. Herbert Lavigne
• nd George Blumenthal.
The commission's order directed
them to show cause at the hearing
why they should not be suspended or
expelled from membership on national
•eeurities exchanges.
INVESTING COMPANIES
NEW YORK February IS -F.—New
York Security Dealers' Association:
> llfbon quotations.)
. . , Bid. Asked.
Admin Fd *2nd Ino _ 20.3:t
Am Business Shr* 1 :tn i 4.1
Am Gen Eq Inc 1 IS l 28
Am Ins Stocks . 5.126 8 00
Bancamer Blair 12.T5 13.75
Bank Group 8hr» 2 14 2 31
Bankers Nat Inv Corp 4.00 4.825
Basic Industry 5 52
Broad St Inv 38 33 33.50
Bullock Fund __ "3.825 25.375
Corporate Trust _ 3.14
Corporate Trust A A_ 2 08 _
Corp Tr A A mod 3 82 _
Corp Tr Arcum Ser _ 2.08 _
Oorp Tr Acc Mod _ 3.87 _
Cumulative Tr Sh _ 8.77 __
Depos Bk -Sh N Y “A" _ 2 00 _
Depos Ins Shrs "A" 3.80
Depos Ins Shrs ' B”_ 3 80
Dtversined Tr C __ 5 3ft
.Dividend Shr* _ 2.00 7.24
^Equity Corp 53 Pf . 42.25 45.25
Fidelity Fund Inc 20.42 31.80
First Boston Corp _ 45.25 48.75
Fixed Trust Sh A _ 14.20
Fixed Trust 8b B _ 11.75
Found Tr Sh A _ 5.35 5.85
Fund Investors Inc 28 07 27 52
Fund Tr Shrs A _ 8 84 7.38
Fund Tr Shrs B _ 8.08
Gen Investors Tr 7.43 8 08
Group Sec Agriculture . 1 PS 2.14
Group Sec Automobile 1 8] 1.75
Group Sec Building 2.4ii 2.50
Group Sec Chemical _ 1.71 1.85
Group Sec Food 1.08 1 18
Group Sec Invest Shts 1 S3 1 08
1 Group Sec Merchandise 1.55 1.88
Group Sec Mining 1 8 1 1 PH
Group Sec Petroleum 158 1.80
Group Sec R R Equip 1 .Rs 2 04
Group Sec Steel 2.00 2 23
Group Sec Tobacco 1 IP l..m
Huron Holding * 70 1 no
Incorp Investors 27.18 2P °0
Insurance Grono Shrs 1.73 1.03
Investors Fd "C" Inc 18.02 17.27
Kefston Oust Fond B-3 24.13 28 47
Major Shrs Corp .3.375
Maryland Fund 10.58 11.58
Mass Invest Tr 30.31 32.18
Mutual Invest _18 15 13 84
Nation Wide Sec _ 4.32 5.02
Nation Wide Voting_ 2.2 ft 2.41
N Y Bk Tr Shra _. _ 4.50
North Am Bond Tr etfs 84.25 88.50
Nor Am Tr Shares _ 2 32 _
Nor Am Tr 8h 13ftft_. 3.73 _
Nor Am Tr Sh 1358_ 3 72 _
Nor Am Tr Sh 1358_ 3.5! __ _
Plymouth Fund Inc_ 03 1.10
Quarterly Income 8h_ 13.25 21.09
Selected Am Sh _ 4.32
Selected Am Sh Inc_18.24 17.70
Selected Cumul Sh_11.17 _
Selected Income Sh_ 5.85 . _
Selected Indus cv pf_ 27.25 28 75
Spencer Trask Fund-. 23.33 24 0ft
8tand Am Tr Shrs_ 4.50 4.75
Stand Util Inc_ 1.12 1.21
Buper of Am Tr A _ 4.43 _
Super of Am Tr AA_ 2.34 _
Super of Am Tr B _ 4.83 _
Super of Am Tr BB_ 2.34 _
Super of Am Tr C_ 8.48 _
Super of Am Tr D_ 8 48 _
Supervised Shrs __15.30 18.83
Trustee Stand Inv C __ 3.32 _
Trustee Stand Inv D- 3.25 --
Trusteed Am Bk ,'B'_._ 1.03 1.14
Trusteed Industry Shrs . _ 1.82 1.80
Wellington Fund_21.51 23.67
. — -— m ■ ’■ —
NEW YORK BANK STOCKS
* NEW YORK February 18 UP.— New
York Security Dealers’ Association:
(Quotations as of 2 o'clock !
Bid. Asked.
Bank of Man ' 1%) _ 38 40
flankers' Tr (21 _ 80% 82%
Cen Han Bk A Tr (41 14*i 140
Chase Nat tl 40' _ «n% 02%
Chem Bk it Tr (1.80)_ 78 78
Commerdil (8) 235 241
Cont Bk * Tr (.80! _ 20% 22%
Corn Ex Bk A Tr <3>_ 73% 74%
Empire Tr (11 - 35% 30%
First Nit (Bos) (2)_ fid «•’
.First Natl (1001 2550 2.500
Guaranty Tr (12) 376 380
Irvine Tr (,«0> _ Id 20
Manufacturers Tr (2) 05% 07%
Manufacturers’ Tr pf (2). 55 6.
Natl City (D - 56% 58%
N Y Trust (5)-154% 157%
Fublle tl%! - n4% 50%
Title OAT- 18% 19%
TI. S. TREASURY NOTES.
(Reported by Chis. D. Barney * Co.)
Rate. Maturity. Bid. Offer.
II Apr. 15. ’37 _ 100 30-32 101
%* Sept. 15. ’37_. 102 102 2-32
US Feb. 1. '.38— 102 5-32 102 7-32
s Mar. 16. ’38— 102 23-38 102 25-32
%a June 16, '38— 103 2-32 103 4-32
%a Sept. 15 '38— 102 27-32 102 30-32
l%s Mar 16. ’3ft— 101 5-32 101 7-32
*%• June 15. ’39._ 102 17-32 102 19-32
Yus Dee. 15. '3d._ 100 20-32 100 31-32
lUa Mar. 15. '40— 101 10-3* 101 12-32
J%s June 15. '40__ 100 31-32 101 1-32
1%» Dec. 15, '40— 10027-32 100 29-32
l%a Mar. 16. ’41— 100 27-32 100 20-32
IS SS* It 41;: 'ESA 18ISF
FEDERAL LAND BANKS
NEW YORK February 18 UP.—Federal
Land Bank bond*
(Noon quotations.)
4>/«f May. 1058-36. 105'* 106
4%i May. 1967-37_100% 101%
4s May. 1958-38_103% 103%
4s Nov.. 1957-37_102% 102%
4a July. 104H-44_ 110% 111
3%» May. 1955-45_ 103% 103%
3 s July. 1055-45_ 102% 102%
3* J»n.. 1956-46 _102% 102%
Si Miy. 1966-46_102V* 102%
A. h
BONDS ON N. Y. STOCK EXCHANGE
By private wire direct to The Star.
TREASURY
High. Low. 3: SB.
344*1949-53_ 10I.1S 101.13 101.1*
24*8 1945-47_ 106.16 106.10 106.16
2*8 1948-61_ 104. 104. 104.
2448 1961-54_ 103.8 108.7 108.8
2448 1956-69_ 108.7 103.5 108.7
244a 1950-60_ 104.18 104.17 104.18 4
3s 1946-48 _ 107.10 107.10 107.10
3* 1951-65_ 106.19 106.81 108.18
144 8 1 9 4 6-49_ 107.81 107.81 107.81
344s 1941 _ 107.33 107.28 107.28
3448 1944-46_ 108.14 108.12 108.14
3448 ]940-43June 107.8 107.8 107.8
344* 1943-47. 109.8 J.09. 109.3
4s 1944-54 .. 114.10 114.10 114.10
444S-S44I 1941-45 108.14 108.11 108.14
444a 1947-52_ 119.26 119.30 119.26
FEDERAL FARM MORTGAGE.
3* 1947_ 106.4 105.4 105.4
3s 1949_ 105.5 105,4 105.5
HOME OWNERS' LOAN
1>4* 1942-44. 102.18 102.17 102.18
24*sl939-49_ 102.24 102.21 102.24
1* 1952_ 104.28 104.21 104.28
FOREIGN BONDS.
High. Low. 2:58.
Abitibl Pa&Pw 6s *63. 94 93* 94
Akershus 6s 63 _ 99* 99* 99*
Antloauia 7s 45 A_ 17* 17* 17*
Antloauia 7s 45 D__ 17 17 17
Antwerp 5s ’68 _ 100* 100* 100*
Argentine E *s '<2_101* lul* 101*
Argentine 6s'67 A_ 102* 102 102
Argentine $s '58 B ... 101* 101* 101*
Argentine 6s'69 June. 101*101 101
Argentine 6s'69 Oct . 101* 101 101*
Argentine 6s *60 May. 101*101 101*
Argentine 6s '60 Sept. 10244 102 102*
Argentine 6s '60 Oct.. 101 w 101* 101*
Argentine 6s'61 Febr. 101* 101* 101*
Argentine 6s'61 May.. 101* 101* 101*
Australia 4*s'56_ 101 100* 100*
Australia 6a'55_ 107* 107* 107*
Australia 5s '67_ 107 107 107
Belgium 6a '55_ 106* 105* 105*
Belgium 6*s‘49_108* 108* 10S*
Berlin 6s 58 . _ 22 22 22
Berlin Elec 6s ’55_ 22* 22 22
Berlin 6*8’50 ... 22* 22* 22*
Berlin El ily 6 >2s’56.. 21 28 28
Brazil 8*s ’26-'57_ «7* 47* 47*
Brazil 6*s'27-’67_ 4b* 45* 45*
Brazil 7s'52_ 46 45* 46*
Brazil 8s 41 _ 63 62* 62*
Breda Ernesto 7s ’54_ 79 79 79
brisbane 5a'67_ 101* 101* 101*
Buenos Aires
4*S-3*a'77Pv 79* 7** 78*
Bue A1 4 *a-4*s '75_ 81 80* 80*
Bulgaria 7s 67
July coupon off_ 24 24 24
Canada 2 Vis'4 5_100?) 1004) loot)
Canada 3 14s t>i-loo?, hhi;4 too!)
Canada 4s 60- 1074)107 1074)
Canada 5s '52_111** 111*) 1111)
Chile 6s ’60 _ 2PM 194) 19*i
Chile 6s 61 Jan _ ]9»4 19!) 19?)
Chile 6s'61 Febr_ 20 19?4 20
Chile 6s 62_ 19?) 19') 194)
Chile 6s 63_ 20 19‘» 19?)
Chile 7s 42 _ 2o 19') 194»
Chile Mtg Bk 6V)s'57. 164) 15«4 16*)
Chile Mtg Bk 6s 62 . 16') 164) 164,
Chile Mtg Bk 64)s 61. 174) 174) 174)
Chilean Mun E 7s 60.. 164) 15 lit)
Cologne 6’7s '50 _ 21’t 214) 214)
Colombia 6s 61 Jan_ 37!) 364) 37
Colombia 6s 61 Oct... 3e4, 361* 364)
Copenhagen tVis'53 — 994, 99?) 994)
Copenhagen 5s'52 _100'4 100 >00
Copenhagen T Es '64__ 100 100 IPO
Cordoba 7s 42 Prv_ 974) 974) 974)
Costa Rica 7a A '51_ 314) 3l!( 314)
Cuba 5 4)s 45 .. 69 58*, 68?)
Czechoslovakia 8s '52. 1044) 104', 1044)
Denmark 4 Via'62_ 994, 99?) 99?)
Denmark 0 Vis'55_ 1()0*4 1004) loo?,
Denmark 6s 42 106!) loh 106
Deut Bk 6s’35 ct stpd. So 60 60
Dominic 1st 6V,s 40__ 82 81 82
Dominic 1st 6 4)s 42_ 82 814) 82
Dominic 2d 6Vis 40... 82 81 82
Finland 6s '45 _1004) 1064) 1064)
French Gov 7 Vis'41— 119V, 119 1194)
Ger G Bk A 6s '38 43») 43?) 43?4
Ger C Bk A 6s 60 July 32 32 3;
Ger C Bk A 7s 60 _ 43?, 43!) 43*4
Ger Gov 6 Vi s'65 st 25?» 26 26?)
Ger Gov 5 VsS 65 un St 21?, 21') 21?)
Ger Rep 7s '49 stDd .. 324-, 324-, 324)
Ger Rep 7s 49 un st 264, 264) 26})
Grt C El Jap 6 Vis 50.. 45 86 85
Grt C El Jap 7s 44_ 93 92?) 92?)
Greek Gov 7s '64_ 41 41 41
Hungary 71.4* 44
Febr coupon on 49M 49)4 48)4
Hung Con M 7)48 *45
unmat coupon on __ 2<!** ZiK\ 22**
Italy 7s 61 _ 90), *0 90
Ital P U Crd 7s’52_ 81»* 81), 81)4
Japan 5*?s '65_ 81)* 8U* 81)4
Japan 6Vis'54 ... 95 95 96
Justus Mtg Bk 7s '57
unmat cuupon_ 40 40 40
Medelln 6 Via ’54 i6 la 16
Mex 4s 10-45 asst_ 6)4 6)4 6)4
Mex 4s 10-’45 asst am tj* 6), 6)4
Mex 4s 64 asst _ 6), 6), 6)4
Mex sf 5s 45 asst_ 9)4 » 9
Milan 6Vis 62 _ 78)i 78)4 78)4
Nord Ry 6 Vis '60_ 107)4 107)4 107)4
Norway • Via'65_101 101 101
Norway 4Vis'56_ 103)4 108 108
Norway 5s '63_ 100 100 100
Norway 6s 43- 107!, 107 107)4
Oriental Dev 6V4s ’58_. 74)4 74)4 74)4
Oriental Dev 6s '63_ 80 80 80
Panama 5s 63stpas.. 73)4 .3)4 73)4
Panama 5 V4»'53 . ... 105)4 108)4 105)4
Paris Orl Ky 6 Vis’68101)4 101)4 101)4
Periatnbuco 7s 47
Sept coupon oil_ 28)4 28)4 28)4
Peru 6s 60 - 25 24H 24)4
Peru 6s 61- *4)4 *4)4 24),
Peru 7s'69- ._ 26)4 26 26)4
Porto Alegre 7 Vis '66
July coupon oft_ 80)* 80)4 *0)4
Porto Alegre 8s '61
June coupon oft_ 81)4 11)4 31)4
Queensland 6s 47_112 112 112
Rhein Main 7s’50_ 26)4 26)4 26)4
Rhein Hhur 6s 51_ 22 22 22
Rhinelhe L'n 7s '46 ... 27 26)4 27
Rhur Chemical 6s'48.. 23)4 23)4 23)4
Riode Jan 6V4S 63
Aug coupon oft_ 31 30)4 80)4
Rio de Jan 8s 46
April coupon oft_ 33 32li 33
Rio Gr do Sul 6s '68
June coupon oft ... 82 82 83
Rio Gr do Sul 7s '68
May coupon oft _ 32 SIM *1W
Rio Gr do Sul 7a'67
June coupon oft _ 81)* 31)* 31U
Rio Gr do Sul 8s '4*
April coupon off_.__ 86 16 8«
Rome 8V4s '62_ 81H 81 81
Rumania 7s '49
Aug coupon oft_ 32)* 32 32
Sao Paulo C6Vis ’67
May coupon off_ 89 10 80
Sao Paulo St 6s 68
Sao Paulo St 7s 40_„ 96)4 9SM 96U
Sao Paulo St 7s '68
Sept coupon off_. 36)4 86)4 86)4
July coupon off_ 81)4 80)4 81M
Sao Paulo St 8s 'If
July coupon off__ 43)4 48 48)4
Sao Paulo St 8s '60
July coupon off_ 40 40 39
Ssrbs 7s 62 unm c o_ 29 27)4 *9
Serbs 8s '62 unm c o ... 29 29 29
Shin’su El P 6 Vis '62_ 84 84 84
Silesia Prov 7s’58_ 62)4 62)4 K2M
Sydney 6 Vis'65_ 106 106 106
Toklo E L Ltd 6s‘61 . 81)* 81 II)*
Un Stl Wks 6 Vis '61 A. 26)4 26)4 2*)4
Uruguay 6s 60_ 68 «7)4 68
Uruguay 6s 84..._ 88 87H 87**
Uruguay 8s 48 - 68)* 68)* 68)*
Warsaw 7, 41_ 63 6S 68
Yokohoma 6s 61_ 89)* 80)* 80)*
DOMESTIC IONDS.
Adams Express 4s ’48 1054 106 1054
Allen corp 5a'44_ 1004 1004 100H
Allen Corpse 49- 944 944 944
Allen Corp 6s’60 stp.. 69 68 69
Allied Stores 44* ’60. 100U 10044 1004
Allied Stores 44* ’61, loo** 1004 100*4
Am & For PW 5s 2030 84 4 84 84
Am Ice 09 5s *68 - 934 984 934
Am 1 OCh 64s 48_ 108** 1084 108H
Am Inti S4a‘49 . 1060* 1064 1064
Am Tel & Tel 8 4*'81 1004 100 1004
Am Tel & Tel 8 4a (6 1004 100 1004
Am TAT 44»‘39 ... 109 109 109
Am TAT 649 48 — 1114 1114 1114
Am Wat Wka 6s '76... 110 1094 1094
Am Writ Papar 6s 47. 92 914 92
Anaconda deb 44s’60 1064 106 1064
Armour & Co 4 4* *89. 1084 1034 1084
Armour!Del) 1st 4s’55 100 994 994
A T&S Fe 4s ’06-’55 108 108 108
Armour & Co Del 4s 57 984 984 984
A T&S Fa adj 4S 96 St 1064 1064 1064
A T&S Fe gen 4s ‘96.. 1114 1HM HIM
A T&S Fe 44a •«» - 10» 1084 1084
Atl Coaat L lat 48 ’62. 1084 1084 1984
Atl Coast L Clt 4s 68.. 984 964 984
Atl C tun 44#’64 ~ 964 »54 964
Atl Coast Lin# 5s ‘45 ._ 106 106 108
Atlantic & D 2d 4S *48 . 514 514 614
B A O 1st 48 41_ 107 1084 107
t>
Hilh Low. 2:85
B A O 454* '60- . 7914 79 79
Balto A O ref 6«'96 A- «4 *354 *354
Bang A Aroos6a*43-114 114 114
BA0 6s'96K_ »2*4 9154 9254
B A O ref 6a 2000 D— »254 •* •*
B A O ref 6a ‘96 C — 10* 10154 10154
B A O PLEAW V 4a’41 104*4 10454 10454
B A O Toledo 4a '69— 9654 *6*4 9654
B A O Swn 6a '60 - 106 10654 1 06*4
Bang ft Aroos 4*’51— 10954 1 0954 1 0954
Bell T of Pa 6a 4* B— 11« H* U«
Bell T of Pa 6a ’60 C_12**4 12654 12*54
Beth Steel 3*4* ’66- »7H »f *7*4
Beth Steel 454a’«0_104<i 104 10454
Bos A Me 4% s'61 J_ 84*4 8454 8454
Boa A Me 6a '86. 9054 *» *0
Bos A Me Be '67_ . 8854 *8 8854
Boston N T A L4s’6B. 34 32’4 3354
Bot Con M «Mie'34 .. 37*4 3754 S7»4
Bklyn Ed con 3 54a’68.. 10254 102 10254
Bklyn Man T 454*'**- 102 10054 102
Bklyn Un El 5a'60 ... 11254 11*54 11254
Bklvn Un Gas 6a '60... 10454 104K 104*4
Bruns A West 4a'28.. 102 102 102
Buff RAP con 454s'67. 9154 9154
BCRANcl5s’34_ 80 2954 »°
Bush Term con 6a '55 68*4 88*4 *854
Bush Term Bldg 6a '60 68 68 68
Calif Packing 6a '40... 1044 1044 1<>*4
Canada So 6s'62 A_1164 U64 1164
! Can dlan N R 44s'66. 112 1114 1114
Can'dianN R44s'67. 111*4 1114 1114
Can’dian N 6s'69 July. 1154 1164 H64
Can'dlan N 6s’69 Oct_116H 1164 1164
Can’dlan P db 4a perp 964 96 9«4
Can dlan Pac 44s‘46. 103** 1034 1034
Can dian Pac 44* «0 1044 1084 1034
Can’dian Pac Sa'44 cfs 1134 U*4 H84
Car * Gen 6s'60 ww.. 106 4 106 1064
Cent Br tl F <• 48_ 39 39 39
Cent of Ga con 6s '45_3* 3* *64
Cent of Ga 6s'69 C _ 21 204 204
Cant of Garf 64s'69. 21,4 204 214
Cent Ga Mobile 6s '67. 33 33 31
Cent 111 E & O 6s '611034 1034 1084
Cent N England 4s'61. 78 4 78 4 734
Cent of N J gen Ss '87. 854 86 864
C«nt Pac 1st rf 4s '49.. 1074 107 4 1074
Cent Pac 6s'60 ... 102410241024
Cent P Tr Sh 4s ’64 107 4 107 4 107 4
Cent RR BGa5s'37-_. 934 »34 984
Cent Steel Ss'41_ 124 124 124
Cert’d dab 6 4s '43_ 954 964
Chesap Corp 6a'47_ 160 149 160
CheS&O SV2s 96 D 984 984 984
Ches & O 34s 96 E... 984 »84 984
C&Ogen44s'92_ 120 120 120
C <5: O con 5s '39_ 1074 1074 1074
Chi & Alt raf 3a'49._ 67 4 574 674
Chi B & Q gen 4s'5S_112 112 112
Chi B & U 44s '77 . 114 1134 114
Chi B & Q 111 dv 4s '49. 1094 1<>»4 K'94
Chi A E 111 6s ’61 .. 444 44 444
Chi & E 1115s ’51 ctfa.. 444 434 44
Chi & E 111 con 6s '34.. IO04 1004 1004
Chi & Erie 1st os’82_121 121 121
Chi Grt West 4a ’59 494 49 4»
Chi Ind & Lou 4s '47 ... 39 39 39
Chi Ind & L ref 6s'47. 41 41 41
Chi I & L gen 6s 66 244 244 24*4
Chi Ind & L gen 6s '6*. 2**» 244 2*4
Chi Ind & So 4a'66_ 105 105 105
C M St P 4s '89_ 684 684 «84
CM&St P 5s 75 _ 344 S3** 834
CM&StP&Pad) 6s2000 124 114 124
Ch &NW gen 34s *7- *74 *7.4 *74
Chi & NW gen 4s 87.. 60 50 50
Chi & NW 4 4» 2037 36 354 364
Chi & NW 4 4* 2037 C. 36 354 364
Cbl&NW44*49_ 244 24 24 4
Chi&NW 4*is '87 .. 63 62 63
Chi & N W gen 6s 87_ 65 61*4 644
Chi & NW rf 5*2037.. 38 374 38
Chi R l&P rf 4S'34_ 24*4 244 24*1
Chi R l&P rf 4a'34ctf. 21>, 21 214
Chi R l&P gen 4s 68_ 424 414 *2
Chi R l&P 44S '52 ... 244 234 23*,
I Chl K l&P 4’,* '52*tf 22 21*» 214
Chi R l&P 44* 60 .. 164 14 154
Chl T H&S 1st 6s 60.. 99** 99 99
Chi Un Sta 3 4s '61 . 104*4 1044 104*1
Chi Un Sta 3\s 63 E. 1064 1064 1064
Chl & W in con 4a '52. 104*4 1044 104»*
Chl & W ind 4 4* 62.. 1024 102 1024
Childs & Co us '43_ 91 91 91
Cm G & E 34s '66_ 101*4 1014 1013*
Cin Un Ter 2 4a L) gtd I064 106 105
CCC&St L gen *s’33 1j3 103 103
CCC&St L rf 44s'77 E 9*4 9*** 964*
CCC&St L ref 5a '63 D 10*4 1084 1034
CCC&StL StLdv 4s'9«. 103 103 103
Clev Un Tel 4 4* 77 iu4!« 104 1044
I Clev Un Term 6s '73 B 1064 lOB'l 1064
I Clev Un Ter 64*'72A 1114 1114 1114
Colo & So 44* '80 ... 734 734 784
Columbia G & E deb
5a 52 April_ _ 1034 1014 1014
Columbia G & E 6a
'52 May _1044 1044 1044
Columbia G&E 6s '61.. 104 1034104
Colum Ry P&L 4S '65.. 106 1064 106
Cornel Credit 3 4s‘51. 98** 984 9»4
Com inv TT 34*'51... 102 102 102
Conn H & L 4%a ‘61_ 105 106 105
Cons Coal Gel us '60... 654 644 64**
Cons Ed NY 3 4a 46 n 1054 1044 1064
Cons Ed NY 3 4s *56 n 103** 10*4 1034
Cons Gas NY 44*'51 1044 1064 106**
Consol Oil 34s'54 . 1044 1044 1044
Ci nsum P un 34s'65. 1034 1034 1034
Cons Pwr 34a'70 _. 103 1024 103
Consum Pwr 34*a '65.. 1064 1064 1064
Container deb 6s'43_ 1024 1024 1024
Container (a '46_ 1044 1044 1044
Crane Co 3 4 a 61-101 1004 100*4
Crown C & S 4s ’60_ 1064 1064 1064
Crown Will P (a‘51_1044 1044 1044
Cuba RR 1st 6s'52_ 684 68 68
Cuba RR 74s'36 ctfs. 6* 64 64
Cuba N'orthn 6 4s '42. 604 60'* 604
Dayton PAL, 3 4*'60 __ 1044 1044 1044
Del A Hud ref *a '43 944 »3?-» 944
Del A Hud 54s'37_... 1004 1004 1004
Den G A E 6s ’51 et_ 106*. 1064 1064
Den A R G con 40'36_364 364 364
Den A RG 44a‘36_ 36 35 56
Den A R G W 6s'65... 28 22 224
Den A RGW 6s’55asst. 22 204 214
Den A R G ref 6a'78 .. 81*1 304 314
bes MAFt D 40-35 cfo. 9 6*1 9
Det Edison 3 48 66... 106 1044 106
Detroit Ed 4S '66 F_109 1084 109
Det Edison 6s'62_ 1074 1074 1074
DulSSA At 5a'37_ *9 68*1 69
Duques l.t 44a '57 B.. 106 1064 106
Elgin J A E 5s '41 ..112 114 112
El Paso NatG<4s'Sl. 1084 1084 1034
Erie ev 4s'63 A_ 924 924 924
Erie cv 43 ’63 B_ 924 924 »24
Erie cons 4s 96_ 102 102 102
Erie gen 4a'96_ 894 884 894
Erie ref 6a’(7_ *64 86 86
Erie ref 6a‘75_ 864 854 86
Falrbka Moras 4a '6#.. 1034 1*34 1034
FlaECRy 6a-74 _ 174 174 174
FlaECRy 6s'74 ctfa. 174 17 174
Francisco Sug 6s '66.. 814 814 814
Gen Am lnv 6s'62_1014 1014 1014
Gen Cable 64* 47_ 1064 1064 1064
Gan Mot Acc 3a 46 ... 1084 tog 103
Gen Mot Aaa 3 4a ’61.. 1024 1024 1024
Gen Stl Cast 64s ’49_ 94 4 94 944
Goodrich 4 4s'66_101 101 101
Goodrich 6s 46.-. 106 1064 1064
Goodyear TAR 6s ’67 1044 1044 1044
Goth Silk H 6s‘46 ww 1044 1044 1044
Grand Rap I 44*'41.. 1094 1094 1094
Great N Ry 4s 46 G_ 124 1234 i28*4
Great N Ry 4s 46 H .. 1094 1094 1094
Grt N Ry ref 44* ’61 A 1134 1134 118V
Grt N R gen 4 4s’7« D 1074 1074 1074
Grt N R gen 4 4s’77 E. 1064 1064 1054
Grt N R gen 6a ‘73C— 1144 1144 1144
Grt NR 64a'62 B_ 1184 1184 1184
Green Bay 6s'62 B.... 184 184 134
Gtilf 64 A N 5s '50_ 1024 1024 1024
Gulf 61 A N 64a '60... 1064 1064 1064
Gulf Sta Stl 64a 42 . 994 99 99
Gulf States Util 4s '66 1084 1084 1084
Har KjPC lat 4a '64_. 964 MS X 964
Hoe »R> lstmtf '44_ 974 974 974
Hous BAT 1st 5s '37... 1014 1014 1014
Houston Oil 64s '40._ 108 1024 1024
Hudson Coal 6» '62_ 62 614 614
Hud A Man Inc 6s ‘67.. 844 334 844
Hud A Man ref 6s'67.. 834 824 834
111 Bell Tel 34a‘70_1064 1364 1064
111 Cent 3 4s'62 _ 874 874 874
111 Cent col tr 4s'£2_ 91 91 91
111 Cent col tr 4s'53_ 374 874 874
111 Cent ref 4s'66_ 924 92 924
111 Cent 4*s 66_ 79 784 784
111 Cent ref 6s '56_1024 102 1024
111 Cent St Lie'61_ 92 92 92
111 Cent W L 1st 4s '61 1004 1004 1004
ICCAStLN 044s'6*.. 86 84 84
ICCAStL NO IB 63... 904 90 904
111 8tee! deb 44s'40 1074 1074 1074
Ind A Loulsv 4s '66_ 404 404 404
Inland 8tl 14s 61_ 1034 102H 1034
Int R T 1st rf 6S 66... 96 954 964
Int R T is *2*__ ' 60 49 60
Interlake 6e ’61 _ 102 102 102
int Agr cl 6s 41 stp... 101 1004 1004
Int Grt Nr 6s 66 B_ 84 83 84
Int Grt Nr 6a ’66 C_ *84 834 384
Int Grt Nr is’53 A ... 874 364 37
Int Grt Nr adl 8s'62 a. f 144 1*4 U4
Int Hydro Eleo Is‘44.. 86 864 854
Int Mer Marins 6s ’41. 61 804 81
Int Pap 1st 6s 47A_1014 1014 1014
Int Pap ref 6s ’66 _ 100 984 994
Int Ry of C A 6s 41... 1024 1024 1024
Int By of C A 64S’47. 984 984 984
Int TAT 09 44a'19 894 884 884
Int TAT 44* '59_ 744 744 744
Int TAT 5a 56 . 804 794 794
lows Cant lstArf4s’61. 4 84 84
James F A C 4S ’89 - 99 99 9$
JonesAL Stl 4 4 s'61 A. 1084 1084 1034
Hirh. Low. 2:58.
Kans C F SAM 4s '36 lib bb 66
Kan CFSAM rf4a'36ct. 62 62 62
KanaC So lat 3a 80 9054 90'4 9054
Kans City Bo ref Cs ‘60 98 9754 98
Kan C Term 1st 4a ‘60. 10654 >0654 10654
KansG&ElHa'IO_102H 10214 10214
Kings Co El 4a ‘49_ 106*4 10654 10654
Kres*e Found 4s’45_ 10854 10*!4 10854
Lacleda G 554* ‘63 C_ <854 <8 6854
Laclede G 5 54a '60 D_ 6754 6754 6154
Laclede Gas 6s‘42 A_. 66 66 66
Lake SAM So 3 54s‘97. 10854 10354 10854
Lautaro Nitr 6s ‘64 . 3854 *854 *8*4
Lautaro Nit 6a ‘64 cfa. 8754 8754 8754
Leh Val Coal 6s 64_ 6754 6754 8754
LV Ny 4Hs‘40gtd_ 10854 10254 10254
Leh Val Har 6s‘64-„. 10654 loe 106
Lah V P con 4a 1003 ... 6954 *954 *954
Leh V Peon 4Ha 2001. 76 7454 7*
l,eh V Rlt con 6a 2003. 84 84 84
Leh Val Term Ks‘41_ 10854 IO814 10154
Llgg A Myera 7a ‘44_111 III 181
Loew s 154s 46_ 100 160 100
Lorlllard 7a 44_ 13054 **054 1*054
Lorlllard 7a'44 reg_ 12954 12954 12954
La A Ark 6a >69 _ 98 54 9854 9854
L A Nash 3 54 a 200*_ 9554 9454 »*
LAN unlf 4s '40_ 107 107 107
L ft N 454s 2003 C_ 10654 10654 10654
L A N 6s 200* B _ 10254 108 10854
Mcurory storeB Ss ’51. 106 106 106
McKessARob 6 4a'5(l.. 1033* 1083* 10634
Me C RR clt 4b '45 A_ 104 104 104
Me C RR gn 4 4a'6UA_. 844 844 84)4
M»nhat Ry 4s’90 _ 68 62 62)4
Manhat Ry 48 ‘90 ctfa. 49)4 49 49
Marion St Shov 6a’47. 99), 99)4 #834
Market St Ry 7» '40 A. 102)4 102)4 102)4
Mead Co 6s Mo _108)4 109)4 109)4
Mil El RAL Ea *61- 1034 1084 108)4
Mil E R A S L rf Ea'71. 104 104 104
Mil Spa A N W 4s '47 . 4434 4 4 44)4
Minn A S L rf 4s‘49 __ 6*4 6)4 6)4
Minn ASt L 5s’34 ctfi. 14*» 14!« 1434
MStPASSM cn 4s'38_ 34*, 34 84
MStPASSM cn 5a '88 _ 26), 27*1 28
MStPASSM Es '38 std. 87 86)4 37
MStPASSM 534s '78 .. 93)4 93)4 98)4
MStPASSM rf 6s'46A. 26)4 26 26
Mo K A T 1st 4s'90_ 93 92 92
Mo K A T 4s '62 B_ 76 75 76
MoKAT4*4s>78_ 79 78 79
Mo K A T 6s '62 A__ 88 87)* 88
MoK A T adj 6s’67_ 79)4 78 7S)4
Mo Pac 49‘76 _ 22)* 21)4 22)4
Mo Pac 5s'65 A _ 47 47 47
Mo Pac Es’65A ctfi- 44)4 44)4 44)4
Mo Pac 5s '77 F _ 47 46)4 46)4
Mo Pac 6s'77 F ctfa... 4434 44*4 44'j
Mo Pac 5a'78 G- 47), 46',* 471*
Mo Pac 5s '80 H __ 47 46)4 47
Mo Pac 5s-SO H ctfs_ 45 45 4a
Mo Pac 5s '811 _ 47 46>4 47
Mo Pac 5s'81 I ctfs_ 41*. 441, 44*4
Mo Pac 5**8 '49 A ... 18 17 )8
Mob A Ohio 4*4 s‘77_ 39)4 *8)4 3914
Mob A Ohio Ss'38 .. 39)4 3HQ *6),
Mob A Oh M dlv 5s'47. 64 64 64
Mohawk & M 4s’91 ... 9414 94)4 944
Monong Pub S 6s'65 .. 108), 1084 108)4
, Mononp Ry 1st 4s '60 107)4 107), 107H
Montana Cent 3?* s '66 96** 96)4 96*4
MorA Essex 3 34 s 2000 93)4 924 92)4
MorrisA Essex 4*4s'56 964 95[J #5
Morri»AEssex Es 'B5 .. 10l»* 101*4 101*4
Mutual Tel 6s’41. _110), 110*, 110)4
I NashvCASt L4a'7S . 97)* 97*4 97*4
1 Natl Dairy 3**«s'51ww. 105*, l.iS), lost,
I Natl DIs PC 4<;a‘4E .. 10514 105'. 106)4
Nat R M 4)48 '26 asst . »>, 6'* 6*4
Natl RM lst4s'51 asst 4*4 4*4 4»,
Nat Ry Max 4Ha'57aa 4», 4'* 44
Natl Steel 4a 65 .. 105)4 1044 105)4
Naugatuck 1st 4a '54._ *94 694 *9*4
New ETAT 4Ha’61 .. 119 119 119
New Jer PAL 44s 60. 106 105*, 105*4
New OrIGNR 69'83 A. 964 96*. 96*,
j New Orl A N 4 V,a '52.. 844 844 84*4
New Orl P S 5s 52 A_1004 1P04 1004
| New Orl P S 6a'65 B.. 100), 1004 100)4
j New Orl Ter 1st 4a '63 97), 97)4 47)4
, NewOrlTAJl 4*,4s’66. 534 3*4 63'*
j New Orl TAM 6s '61 B 68 66*4 66
! NY Central 33*a'48._. 103)4 103), 103)4
| NY Cent 4a 42 - 10734 107)4 107)4
j NY Cent con 4s'98_101)4 Wl 101
I NY Cent rf 4 348 2018.. 44*4 94 94
1 NY C rf 4 34 a 2013 n._ 94), 94 94
I NY Cent rf os 2013_101 100*4 100*4
NY Cent cv 6s 44 .. 118)4 112** 118)4
NYC Mich C 3 3)8'98._ 94*4 94*4 44),
NYCASt L 1 at 4s '37_ 102 102 102
; N Y Chi A St L 4s’48_ 103 108 103
j NYCASt L 434a '78 ... 94)4 944 94)4
. NYCASt L 6 34a'74 A.. 101), 108'* 108),
j NY Chi A 8t L 6s '38.. 100 100 100
NY Dock 5s '38 . _ 68 87 68
NY Edison 3 <4 a '65 D. 102)4 102)4 102)4
NY Edls ref 3)*a'66.. 102*4 102 102)2
NY G El HAP 4a '49_*. 114 114 114
NY G El HAP 5a '48_ 123 123 123
NY A Green I, 5s '46 ... 100)4 100)4 100)4
NY LA W 1st 48'73 103', 103'* 10*14
NY I,E 3VD Imp 5s 43 IO64 106)4 10«u
NY NH A H 3 3,9 47_ 46 46 46
NY NH A H 3 3,8 '64— 444 43*4 444
NY NH A H 3 *49'56... 45 43)4 45
NY NH AH 4s '55- 474 ««H 46**
N Y NH A H 48 '56- 47 464 46*,
NY NH AH 4s'57 874 864 37
NYNHAH44»'67._ 65 63 56
NY NH A H cl tr 6s'40 71 71 71
NY NH A H CV 6a 48 .. 684 68 68
NY NH A H 6s '48 rg 5*4 6*4 68)2
NY NH A H C R 48 '56 40 40 40
NY NH A H Cona Rya
’8 - . 401* 40 40U
NY N'H A H Cons Rys
4f '55 J A J - 41 401* 40W
NY O&W gen 4s'65... *74 to to
NY O&W ref 4s 92_ 42 J91* 40
Cr J ?ys S* 65 A stP— 1064* 106** 1061*
NY Steam 6s'56 _ 107 107 107
NYS&WK«n58.4o- M u #g
vv to'j^oV,**’39- 108 1074* 1071*
NYWAB44s'46 _ 22 21U 211*
NiagFansPSUs'S*.. 104H 104 1044
Norf So 1st ref 5s'61.. *04 *0 go
Norf S 1st rfos'61 cfa. 284 28 28U
Norf & W 1st 4s'96 .. 1184* 1181* 1184*
North Am Co 5s 61 . 1064* 105 105
North Am Ed 5s '57 A. 1044* 104 104
North Am Ed 6s'69 C. 106** 1064 1064
North Am Ed S4s*63_ 104u, 1044 1044
Nor n Pac 4s '97 __ 107** 107** 107**
Nor’n Pao 44s 2047 . log** log** log**
Nor'n Pac gen 3s 2047. 78 774 78
North Pac 6s 2047 C... 108 108 108
North Pac *s 2047 . Ill** 1114* mi*
North Sts Pw 44s ”61. 1064 1054 1054
North S P 1st 6s'41 A. I02»* 1024 1*24
North Sts Pwr 6s’84 . 1074 1074 107*,*
North Sts Pw 6s '41 B. 1024 1024 1024
Ogden LC 4a'48 _ 29 284 29
Ohio Edison 4a '66_ 1044 104 1044
Ohio Pub Svc 7s'47 . 11I4 11I4 1H4*
Ohio Pub Svc 74a '46. 1124* 112!* 1124
Oreg RR & N 4s '46 ._ 118 118 118
Oreg Sh L 5s'46 gtd_118 118 118
Oreg W RR 4s ’61-10«4 1064* 1061*
Pac G & E 3%a’81_ 104 1021*1084
R»cGAE4s 64 . 107 106** 107
Pan Am PC 6s’40 ctfs. 664 644 664
Paramount Pie 6a’65. 1034 1024 10s
Parmelee 8s ’44_ 76 764 76
Penn Co 4s '88 - 1034 1084 1084
Penn Dixie C 6s’41_1004 1004 1004*
Penn PAL 44s'81_ 1064 1064* 106V*
Penn RR 84s’70 C_loo 99* * 994
Penn RR 4 4s’81 D... 1064 1064 1064
Penn R R 4**s ‘84 — 106*4 1064 106»*
Penn RRgn 4 4a’65._ 1104 1104 1104
Penn RR deb 44»’70. 103 102»* 108
Penn HR gen 6s'68 . 11*4 11*4 *1*4
People GL&C rf 6a’47. 114 llgj* 1114
Peoria A E 1st 4a'40.. 964 961* 964
Paorla A E Inc 4s '90 22 204 214
Peoria Pekin U54s’74 1194 1194 1194
Pere Marq 1st 4s’56_ 99 984 99
PereMarq 44s >80_1004 1004 loot*
Per# Mara 1st 6s ’66_ 106 1054 1064
Phila BAW 44s >81... 114 114 *1*
Phila BAWcn 5g’7«__ 125 125 125
Phila Co 6s 67 _1064 1064 tosw
Phila Elec Co 4s ’71 ._ 102»* 1024 1024
Phila Elec Co 4 4a>67.. 105*3 1054 1064
Phila A RCA1 58*72... 444 44 44
Phila & R CAI 6s’49_244 28 29
Phlltnolne Ry 4s '37 ... 244 2414 2414
PCC&St L 44s '42 B._ 112 U2 n*
PCCASt L 44* >77 C.i. IO84 1064 10«4
PCCASt L 5s *70 A- 1174 1174 117'*
PCCASt L 5a >75 B_ 1174 1174 1174
Port Gen El 44s 60 .. 714 71 71U
Porto Rico A T 6a ’42.. 884 86 86
Postal Tel A c Se >58 . 414 404 404
Pressed St) Car 6s '51. 88 97U *74
Prov Sec deb 4a’57 ... 28 264 28
Pure Oil 4 Us 60 xw__ I04*f 1044 1044
Pure Oil 4 Us'50 ww.. 1214 1204 1214
R-K-0 6B 41.... 12*H 120 1*0"
Readlng R 4Ha '97 A.. 106H 10»H io«H
Ram-Rand 4Ha’66ww. mH U4H U4H
Republic Stl <Ha *0.. 166 1631* I66H
Republic Stl 4Ha‘66.. MH MH MH
Republic Stl 4Ha 61.. MH MH MH
Republic Stl 6Ha'64.. 11*H lit 11*
Richfield Oil 6a 44 ... 63H 68H 66H
Richfield O 6a’44 etfa.. «3H <*H F6IH
R O W lat ax in 4a '38. H 78H >0
Rio G W col 4a 48 A_60H MH MH
R 1 A*L let « He'34_16H 24H 25H
Rutland Can 4a'48_ 29 29 29
Rutland RR 4Ha'41._ 62H 31H 82
Saguenay Pw4H8*66~ 104 10IH 104
St LIMAS RAO 48'**. 8*H 88H 68H
St L R M A P 6s ’65— 86 gu< 66
St L-S Fran 4a’60A... 66H 36 35H
St L-S F 4a '60 A etfa. S2H 62 Mi
St L-S Fran 4Ha’7*._ 81H S1H aiH
St L-S-F 4Ha’76 ef ac_. M MH SSK
B. & 0. Net at $4,538,975,
Against $3,180,903 Loss
in Previous Year.
By the Associated Press.
NEW YORK, February 18—Rail
roads reporting earnings for 1938 In
cluded :
Baltimore Sc Ohio—Net income,
$4,538,975; equal to 85 cents a share
on the common stock, compared with
net loss of $3,180,903 In 1935.
Atlantic Coast Line—Net income,
$1,915,155; equal to $2.31 a share on
the common, compared with net loss
Of $2,259,455 In 1935.
Pittsburgh Sc West Virginia—Net
income, $376,955; equal to $1.25 a
share on the capital stock, against
$95,496. or 31 cents a share, in the
preceding year.
Chicago Great Western—Net in
come, $371,645; equal to 81 cents a
share on the cumulative $4 preferred
stock, on which there are accumula
tions, against net loss of $518,252 in
1935.
Gulf, Mobile St Northern—tPrellm
lnary) net Income, $706,553; equal to
$4.64 a share on the 6 per cent cumu
lative preferred stock, on which there
are accumulations, compared wtth
$404,710, or $2.66 a share on the pre- ;
fered, n 1935.
CLEVELAND. February 18 (/Pi — ■
The Nickel Plate Railroad announced
that net Income for January, 1937,
after all charges, was $204,478.38. an
Increase of $75,383.94 over the corre
sponding month last year.
CLEVELAND, February 18 (/Pi.—
The Pere Marquette Railway Co. an
nounced today loas of $149,925 during
January, 1937. The surplus, after all
fixed charge* for the comparable
month in 1936, was $178,552. Gross
revenue was $2,254,245, a decrease of
$293,747 from January, 1936. and net
railway operating income was $40,
692, as compared with $351,299.
Washington Produce
I ...
BUTTER— 92 score, 1-pound prints. 38:
'4-pnund print*,' 39; tubs 37: 90 score
1-pound prints 37: U-Pound print*. 38;
tub. 30. Market strong
MEATS- -Choice beef. 10: calves. 18:
veal. 19: lamb 17; pork loin. 73: fresh
ham. 23: smoked hams. 30 sliced bacon
33. slab bacon. 28; compound. 14: lard,
l.V J8ld.
LIVE STOCK -Pigs. light hog*.
P*4a!*3« medium. 934a1o heavy hogs,
o'aao'a; roimhs 0a8: calves 5a 10. lambs,
5a l n
Prices paid shippers net f n b Washing
ton By the United States Bureau of
Agricultural Economics
EGGS—Market steady. prices un-1
changed Current receipts. 21a2l*» hen
nery unites. 7112a27. Government graded
and dated white eggs inct prices paid
shippers fob Washington!: T? R extras,
large. 7.1,j: U. 8 extras, medium*. 2I;
U S standards. large. 23.
LIVE POULTRY—Market steady price*
unchanged Fowl: Colored, heavy. I 5al 8:
Leghorns. Ilal3. Chickens Rocks and
Crosses, fryer*. 20a21; broilers and roast
ers at a ’2 to l cert premium Guinea*,
young. 2 pounds and up 49 each, under 2
pounds. 75a3o each old guinea*. 20a25
each Turkey*: Young hens. 19a20; young
toms, under 19 pounds, 19a IT 7<» pounds
and over. 15: No. 2s. 12. old hens. 14.
old toms. 14.
.. ,—0
350 TONS OF LEAD SOLD.
NEW YORK. February 18 i/P).—'The
Bt. Joseph Lead Co. reports that 350
tons of pig lead from Southeast Mis
souri mines were sold yesterday at $5.85
per hundred pounds St. Louli.
I
Hi8h. Low. 2:55
St T.I-S Fran 5* '50 B . 36 86 35
St 1.-8 F 6s 50 Bctft. 32 *2 32
St LS W Kn rf 6»'95 . 6m 51 §1
St I. S W 1st ter 6s'62- *26* 60*i 626*
?t P KCS L4'*l 41 26H 2*H 265*
St P MftMEOT4H*’47. 35 *6 15
San A * A Pass 4s '43. 10214 10264 10214
Seabd A L. 4s '50 atp .. 32** 82*4 8264
Seabd A L ref 4s '59 18’* 18 18**
Seabd A Erf 4s'59efs 18 17'4 18
Seabd A L. adj 5s'49— 12 111* 12
Seabd A L 6s'45 A ... 22 21*4 2114
Seabd A I. «■ 45 Ctfs.. 21 206* 21
Seabd A-Fl lt’35 A ct 18 12*. 1214
Seabd A-Fla 6s'35 B ct 126* 1264 1*H
SharonStlcy 45§i’51. 113 118 lit
Shell Un deb 3*48’61- 98*4 s*H #8*4
Silesian Am 7a '41- 74 72*4 72*4
Skelly OH 4a ‘51 — 10014 10014 10014
Socony Vac 3*4 s'50 - 105 104*4 106
South Bell TAT 5s '41. 106*4 106*4 108*4
Southn Pal Gas 4s '65. 104*4 104*4 104H
So Colo Pwr 6s'47 A._ 106 106 1 06
South Nat G 4*4s'51_ 100*4 100 100
So Pac 2*48 46 _161 100*4 101
So Pac col 4s'49_ 9764 976* 97*4
So Pac ref 4s'65_1061* 104*1 106**
So Pac 4*4s '68_ 96 96*4 »e
So Pac 4*4* '59_ 9664 946* 96
So Pae 46*8 ’ll_ 956* 94*4 9664
So Pao Oreg 4*4s'77_ 9964 99*4 99*4
So By gen 48’56 A_ 85 84V4 8454
So Ry 6a '94 _ 11064 109*4 110
So Ry gen 68'66_ 104 10854 104
SoRr**4s’56 _ 1086* 108 108
SoRyMACMl'Jg_ 95*4 95*4 9664
So Ry 8t I, dlv 4t'81._ 100*4 100*4 100*4
S W Bell Tel I6*> '64.. 10654 10664 10664
Soutnw’n G*E 48'10.. 103*4 102*4 108
Spokane Int 6s '55_ 86 88 86
Staley A E 4s'46_ 106 106 106
Stand Oil N J 3s'll... 98*4 98*4 9854
Studebaker cv 6s'41.. 468 166 168
Tenn El Pw «a'47 A—. 994 99 994
Term AsSt L.4a’63 . 1084 1084 1084
Term As St L 44s *39. 1074 1074 1074
Term Asso con 5s '44.. 1164 1154 1164
Texarkana 64s’50 __ 1084 1084 1084
i'exas Corn 3 4s ’61 . 1024 1024 1024
Tex A Psc 1st 5s 2000- 1214 121 121
Texas A Pac Bs’77 B_. 10614 106 106
Texas A Pac 6s'79 C— 1054 1054 1054
Third Ay ref 4s ’60_ 72M 724 714
Third At 1st 5s ’37 1014 1014 1014
Third A ad In ex 50*66 424 414 414
Tol St L, A W 4s ’50 1024 1024 1024
Truax TC64s’4* .. 101 1024 1024
Un El Chicago 6s ’46 — 23 23 as
Un OH Calif 6s *42 A— 119 119 119
Union Pac *4s’70_ 974 97 97
Un Psc 84* ’71 - 974 97 4 974
Un Pao 1st 4s'47- 1184 U*4 1184
Un Pac 4s'47 rex-1114 1114 1114
Un Pac 1st rf Es 2008.. 1124 1124 1124
United Biscuit 5s '60.. 1074 107 107
United Drux 6s'68 .. 1024 1024 1024
United NJ RR 4s ’44 ... 114 114 114
U S PineAFy 84s'46. 1504 153 1604
U 8 Rubber 6s'47 . 1074 1074 1074
Utah L ft T 5s ’44 (A). 1044 104 104
Utah P A L Es ’44_ 1054 105 1054
Util P AL 6s'69 ww_ 62 604 614
Util PAL 54*’47_ 68 624 «8
Vanadium ct 5s'41_1014 1014 1014
Ver Sue 1st 7s*42 cttm 384 88 4 834
V CeAPlst 4V4s '84 ast *4 44 44
Va E&Plstref 4S’66. 107 1064 10*4
Va Ry 1st 3 Vs *66 A — 104 1034 104
Va S W con Ea '66_1014 1014 1014
Wabash 44s’78_ 40 40 40
Wabash 2d 5s ’89_ 974 »7 97
Wabash 6s'76 B__ 414 404 404
Wabash Es 80 D-- 414 41 41
Wabash 6a *0 Dctfa.. *74 *7 *74
Wabash 64s‘75_ 42 414 414
Walworth 4s *6* .. .. 88 *74 88
Warnsr Broscv (s'*!. 984 984 9*4
Warner-Quin «s '89_f&3 624 524
Warren Br ct 6s ’41__ 704 704 704
W Pa P 1st 6s '63 E __ 1194 1194 1194
W fih 1st 4s 20(1 gt«._ 984 974 984
West'n Md 1st 4s *62— 1034 108 1034
West’n Md 6Ha’77_ 1064 1064 1064
West’n Pao 6s'46 A 394 *9 894
West’n Pac 6a 46 A aa 89 89 g»
West’n Un 4H* 60 .. 107 1064 107
Weatn Unci tr6s’(l.. 1034 1084 1034
West’n Un 6a'61_IO64 1064 1084
Weat n Un la ’60_ 107 107 107
Wheel Steel 4Ha’66 _ 1024 1024 1034
W Sp Stl 1st 7s '36 ct. 894 *94 894
W Sp Stl con 7a '36 Ct- 894 694 *94
Wilson A Co *a ’66. .. 1024 1024 10*4
WlsCent lat *n 4i’4». 31 81 II
Wia C 1st gn 4a’4* et.. 29 *9 19
Wla C 8AD Trm4s’l*.. 21 314 *4
rnxstnSATIHall— 134 132 1134
T*nrsta SAT 4a Cl-10*4 10* 10*4
b
Steel Ingot Rate
At Midweek Hits
Peak Since 1929
BT tt.e Associated Press.
CLEVELAND. Ohio. February 18.—
Dally Metal Trade today says:
With new business developing in
such volume as to make it difficult for
producers to cut down backlogs ac
cumulated over recent months, steel
making operations continue to rise.
At midweek the national Ingot rate
Is estimated at 82 per cent of capacity,
an increase of one point over a week
ago, and a new peak since 1929. A
further rise Is expected.
Resumption of active operations at
General Motors plants has brought a
general lifting of shipment suspensions
and a resulting tighter pinch in de
liveries. Most of the material now
moving appears to he going Into im
mediate consumption.
BTII. S. LEATHER
—
Payment of $1.75 a Share
Will Be Made on Prior
Accumulations.
BT the Associated Press.
NEW YORK. February 18—The
United State* Leather Co. has de
clared a dividend of *1 75 a share on
its prior preference stock on account
of accumulations. It is payable April
1 to holders of record March 10.
The company reported for quarter
ended January 31 net profit of $256,873,
equal after preferred dividend require
ments to 57 cents a share on con
vertible class "A” stock, against $281.
048 in like quarter last year, or 62
cents a share on the "A" stock.
Utah Power & Light.
Utah Power <5: Light Co. ordered
dividends of 871 ^ cents a share on
the $7 preferred and 75 cents on the
$6 preferred, both payable April 1 to
holders of record March 1. In De
cember the company paid 5812 rents
on the $7 preferred and 50 cents on
the $6 preferred.
Ex-Cell-O Aircraft.
Ex-Cello-O Aircraft ii Tool Coip.,
Detroit, announced a dividend of 20
cents a share on the common stock,
payable March 15 to holders of record
March 1. The company paid a 45
rent special dividend in addition to
15 cents in December.
Engineers Public Service.
Payments of more than $1,700,000
were ordered today by director* oi
Engineers Public Service Co. utility
holding concern, in back dividends on
its cumulative preferred stock*. On
the $5 convertible preferred a pay
ment of $3.75 was made, on the $5.50
cumulative preferred the payment wa*
$4 12'2 and on the $6 cumulative pre
ferred payment of $4 was made. After
payment of these dividends arrearages
will amount to one full year's require
ment on earji series. All the dividends
are payable April 1 to holders of
record March 10.
Link-Belt Co.
Link-Belt Co., manufacturer of con
veying and transmission machinery,
reported consolidated net profit for
1936 of $2,221,377, equal to *2.97 a
share of common stock, against *1,
092.360, or *1.28 a share, in 1935.
Royal Typewriter Co.
Royal Typewriter Co , with a fac
tory at Hartford, resumed dividends
on common stock with announcement
of an "interim” payment of 75 cents,
payable March 15 to stock of record
March 5. It marked the first dis
bursement on common since July,
1931, when a semi-annual of *1 was
made.
Oneida Bonus Voted.
ONEIDA. N. Y., February 18 t/Pi.—
Distribution of a *187.000 bonus to
employes of Oneida. Ltd., manufac
turers of silverware and other articles,
was announced. The bonus is more
than double the amount paid last
year.
—-m - ■ ■ -
HOTEL FOOD COSTS
GAIN IN JANUARY
Month’s Average 3.36 Per Cent
Above December—.20 Per Cent
Above January. 1936.
8r*ci»l Dispatch to The Star
NEW YORK. February 18—Janu
ary average hotel food purchase prices
rose 3.36 per cent above prices in
December, according to the latest
Ginstead hotel food price index com
piled monthly by R. M. Ginstead &
Co., Inc., hotel analysts and account
ants.
Beef and lamb prices showed de
cided increases during the month.
Meat as a whole reached its highest
cost level since January, 1936. Poul
try continued its dowmward trend,
started last May. Fish and sea food
prices were somewhat higher than in
December.
Fresh vegetables and green salads
continued their upward trend. Fruit
increased slightly and dairy products
decreased considerably because of an
abundant supply of eggs at much
lower prices.
January. 1937, prices were .20 per
cent higher than prices paid in Janu
ary, 1936. The increases shown on
vegetables, salads, dairy products and
groceries more than offset the reduc
tions In meat, poultry, fish and fruits.
E. F. C. EXTENSION ASKED.
The Minneapolis, St. Paul & Sault
8te. Marie Railway Co. asked Inter
State Commerce Commission permis
sion today to defer repaying the bal
ance of a Reconstruction Finance
Corp. loan due February 27. The
raUway said it would like to extend
the time to July 1, 1938.
FOREIGN MARKETS.
LONDON. February 18 OF.—Price fluc
tuations'were mixed in the late dealings in
the Stock Exchange. Long-term gilt-edged
securities continued in large supply at
lower prices, and the Investment group
also declined. Buying orders were in evi
dence in the mining and industrial group*.
Trans-Atlantic stocks broght higher Drice*.
while oils were featureless.
PARIS.—The closing tone of the Bourse
was firm, with banking shares in better
demand. Rentes finished HO centimes
higher to 5 lower and Royal Dutch loat
]S francs on the day. Bank of France
atock closed with a net gain of 80 francs.
FREIGHT LOADINGS.
NEW YORK. February 18 (IP).—Revenue
frelaht carloadines on railroads reporting
for week ended February 13 included
Week Previous Last
Feb. 13. week. year.
Burlington ... 24.379 25.354 22.895
NT Y. central .. 81.704 85.080 78,303
Pgh. A Lake Erie 16.095 16.317 11.707
Prices of bare and magnet wire
were advanced 1 cent a pound and
weatherproof wire \ cents a pound by
several leading copper companies.
BIG YEAH FACED
AT AUTO PLANTS
All-Time Output Peak Ex
pected in Remaining
Months of 1937.
8f ihe Associated Press.
DETROIT, February 18—Barring
some further Interruption, at present
unforeseen, the production division of
the automobile Industry faces the big
gest year's activity in its history dur
ing the remainder of 1937, in the opin
ion of many authoritative observers.
They take into account in this con
nection the fact that in 1929 the in
dustry produced more than 5,600.000
cars and trucks.
General Motors, emerging from a
44-day strike that brought its produc
tion down from a 225.000-units-a
month average to almost nothing, is
expected to reach a 250.000 level in
March and hold that average until well
into the Summer.
While other producers were able dur
ing the six weeks of the 6trike to main
tain their output schedules, most of
the statistical agencies expect much of
the revised business resulting from the
strike settlement to be reflected in in
creased retail activity throughout the
industry.
A large backlog of orders has ac
cumulated for General Motors during
the strike shutdowns. Reports to
dealer organizations indicated there
was relatively little switching on the
part of buyers who had placed orders
before or during the earlier days of
the strike. Rather, say some of the
| retailing agencies, there was a ten
; dency to withhold some of the pur
i chasing volume that otherwise might
! have been released because of the un
l certainty as to how long the strike
’ might continue and what its ultimate
I effects might be on other lines of em
ployment.
If the motor car Industry as a
whole assembles 5.000.000 units as ex
pected by most producers and dis
tributors. General Motors will make
at least 2.000.000 of them, with Ford
and Chrysler close behind in the vol
ume of output.
Favoring dealers who felt the short
age of cars during the recent shut
downs the National Automobile Deal
ers' Association asserts, Is the fact
that most of them, lacking factory de
liveries. were obliged to concentrate
on used units and thus are in excel
lent shape now to devote most of the
sales pressure to new cars.
JUMP IS PREDICTED
IN TRAILER OUTPUT
Special Dispatch u> Th« Star.
NEW YORK. February 18 —Produc
tion of automobile trailers in the
United States this year may very well
reach 100,000 units, according to an
estimate issued by Minton M Warren
in "A Study of the Trailer Industry.”
published by Jackson fc Curtis. New
York Stock Exchange firm.
Furthermore a 50 per cent annual
increase in output over the next few
years is "not unreasonable to expect,”
in the opinion of the study.
Trailer production has been at least
I doubling every year for four years, ac
i cording to Warren, who places the
number of trailers manufactured in
I the United States in 1930 at 1.000. By
| 1936 production had reached 60,000,
I with at least 100,000 trailers then In
: use.
BOAT ORDERS CLIMB.
MARYSVILLE. Mich . February 18
(Special).—Gar Wood. Inc., boat man
ufacturer*. report unfilled order* as of
February 1 of 111 boats, valued at
$244,695. According to J. E. Clifford,
general sales manager, boat show
volume. in unit*, was 154 per cent
larger this year than last. In dollar
volume the increase wma 193 per cent.
BOSTON WOOL MARKET.
BOSTON February 18 <United
States Department of Agriculture).—The
price situation in the wool market was
very irregular and unsettled today Hold
ers of most lines of spot domestic wools
were willing to make moderate conces
sions from the peak of selling prices of
about a month ago. but moat mills were
not showing any interest in the wools
offered to them. The few who had some
immediate requirements to cover from
domestic wools were able to All the<r
! needs at prices below last week's Quo
tations.
METAL MARKET.
NFW YORK February 1* on.—Copper
steedy. electrolytic spot end future. 14 no:
export. 14 10 Tin strong, spot end
nearby. 52.25: future. 52.10. Lead
strons: spot New York. fi.25-30: East 8t
Louis H id Zinc strong East St. Louis
spot and future. OHO Iron alummurfi.
antimony Quicksilver. platinum and
wplframre unchanged.
FIRST TRUST LOANS
Long-term REFINANCING . . .
Lowest Rotes . . . 3-Year Con
struction Loans . . .
5% 5*4% .
BOSS & PHELPS MORTGAGE TO
Loan Correanondent
John Hancock Mutual Ufa las Co.
1417 K St. NW NA MOO
Don’t Gamble With
Your Investments
at Any Time!!
No matter what the condi
tion* may be, you can't afford
to take a chance on losing the
money you have worked so
hard to save! It isn’t necesaary
to take risks when you can
Save with SAFETY?
Of all the Investments pos
sible. the safest and soundest
is unquestionably First Mort
gages on Homes.
This association, under the
supervision of the United States
Treasury, loans your money
ONLY on First Mortgages in
Maryland, Virginia and the
District of Columbia.
913
Phon«
BELOW YEAR AGO
I
Five-Day Week Compared
With Full Period in
February, 1936.
Bs the Associated Press.
NEW YORK, February 18—Because
bank clearings In the United State*
during the latest period embraced only
five business days tor some sections,
the aggregate was narrowed from tho
full week’s turnover of 1936
The total for twenty-two leading
cities, as reported to Dun & Bradstreef,
for the five-day week ended February
17 was $5,578,656,000, or a loss of 1.2
per cent from the $5,647,394,000 In the
corresponding full week a year ago.
This contrasted with an increase of
29 4 per cent in a similar comparison
a week earlier.
The five-day volume at New York
City of $3,428,949,000 was 6.2 per cent
below the $3,654,583,000 in the similar
1936 weekly period, while at outside
centers the total of $2,149,707,000 roue
7 9 per cent above the aggregate of a
year ago.
Many of the individual cities showed
sharp Increases. Among these weie
Baltimore, Richmond, Atlanta. New
Orleans and St. Louis. Small decline*
appeared at Detroit, Omaha and Port
land. Oreg. At Louisville the loss was
greater, amounting to 17.6 per cent, as
reclamation work had not advanced
sufficiently to permit some concerns
to resume full operations.
There was a decrease of $42,210,000;
from the total of the week preceding.
Between the same two weeks of 1936
there was a gain of $1,302,249,000.
Figures at leading cities, together
with percentage gains and losses, com
pared with those of 1936, follow, also,
daily average bank clearings for De
cember, January and February to
date;
iIn thousands of dollar* >
Five Days Per Cent
„ , Feb. It. ln.’ir. change.
8745 M9 15 l
Philadelphia 309.noO - I l
guflaj0 . -- 37.21 HI - 9 7
Pittsburgh 1311221 8*
Cleveland _ _ H3.I*4 —15"
Cincinnati HI.Ill" — r, "
Baltimore oh is" — 1*i 4
Richmond 36 270 - 25.7
Atlanta 60.5011 —38 7
New Orleans 4i>17tl — 34 (I
Chicago ... .. ... 37401111 - 60
Detroit J Oil 874 — 1 0
St. Louis an 810 —20 "
Louisville 311 —11 ,i
Minneapolis 50.24" 7 2
Kansas City flo.np? - 33
Omaha 27.777 2.3
Dallas 52 non 7 3
San Francisco 150 200 — 8 it
Portland. Oreg 27 030 — 4 2
Sea'tie 35 0114 - 1.5
Total $7.149.707 - 7.9
New York 3,478.949 — «5
Total all ... $5.578 656 -1.7
Average dailv
February to date «t 044 047 4-47 0
January 108O027 -12.1
December ] 1 r>H 1 so —74 4
PHILADELPHIA PRODUCE,
PHILADELPHIA. February 1H Po—
Live poultry—Fowls Plymouth Roc!;.
l*ncy. 22; turkeys, fancy young tom*. 17.
^^Dressed poult ry_unchaneed_
Property Management
EFFICIENT monogement is
most satisfactory to both
Owner and tenant
WE specialize in the man
agement ot all types ot in
vestment properties and are
■ now Managing Agents tor
some ot Washington's most
important buildings
WE would welcome the op
portunity ot diSCUSSing
your monogement problems
with you
Randall H. Hagner & Co.,
Incorporated
Real- Estate
1321 Conn. Ave. N.W. OE. 36#0
FIRST
TRUST
MONEY
FOR
REFINANCING LOANS
AND
CONSTRUCTION LOANS
THREE-YEAR LOANS
AND
15'j-YEArR
MONTHLY PAYMENT LOANS
PAYABLE S8 PER $1,000
5%
No Commissions or Extras
EQUITABLE
LIFE INSURANCE
COMPANY
816 14th St. Met. 3437
WINTHROP. MITCHELL * CO.
Certificate et Limited Partnership.
We. the undersigned, desiring to form ■
limited partnership pursuant to the laws
of the District of Columbia, do hereby
state and certify as follows:
L The name of the partnership is WIN
THROP MITCHELL & CO
n. The names and places of residence of
the members, general and special, are;
General Partners.
Name and residence:
Henry Rogers Winthrop New York. N Y.
Leeds Mitchell. Chicago. Illinois.
Theodore K. Cunningham. Evanston. Illi
nois
Woodward Babcock New York. N. ?.
John J Pagan New York. N. Y
Harry C Schaack. Chicago Illinois
George R. Thornton Oak Park. Illinois
Alfred I Preston, jr. New York. N Y.
Richard F Babcock. Woodbury. L. I.. New
York.
Henry P. Godfrey New York N Y
Richard P Loasby Montclair New Jersey.
Richard B. W Hall New York. N. V.
Thomas Miller. Chicago. Illinois
Waller C Hardy. Charleiton. We»t Vir*
ginia
James J Masterson Bergenfleld New Jer
sey.
Arthur J G Illian. Chicago. Illinois.
Austin H Nlolack. Lake Forest. Illinois.
George N Buffington. Barrington. T.l.nols.
William p S. Earle. Jr. Forest Hills. L. I
New York.
Everett E. Melllnger Highland Park. Illi
nois.
Special Partners.
Walter Schuttler, Chicago, mmols.
Milton W. Holden. Palm Beach, Florida.
III. The general nature of the business in
tended to be transacted shall be a
general brokerage and commission
business, dealing in securities and
commodities.
TV. The partnership is to commence Jan
uary 1 1037. and shall terminate
at the close of business on December
_ 31. 1938. unless sooner terminated.
Y. The amounts of cash actually con
tributed by the special partner! to
the common stock of tbe partnership
are:
WALTER SCHUTTLER, *300.000
MILTON W. HOLDEN. *300.000
Dated December 31st. 1936.
Henry Rogert Win- Henry F. Godfrey.
throp Richard P Loasby.
Leeds Mitchell. Richard B. W Hall.
Theodore E. Cun- Thoa. Miller
nlngham. Waller C Hardy.
Woodward Babcock. James J. Masterson.
John J. Fagan. Arthur J. Illian
Harry E Schaack Austin H Niblack.
Qeorae R. Thornton George Buffington
Alfred I. Preston. Jr. Wm P S Earle, ir.
Walter Schuttler Everett E Melllnger.
Richard F Babcock Milton W Holden
The loregoing certificate duly acknowl
edged. has been filed end recoraed in the
office of the Clerk of the District Court of
the United States for the District of Co
lumbia Washington D C. and an affi
davit duly verified by two general partners,
etatlng that the specified cash contribu
tions of the special partners have In good
faith been actually paid Into the partner
ship fund, has been filed therewith.