Evening star. [volume] (Washington, D.C.) 1854-1972, March 20, 1937, Image 13

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Evening star. [volume], March 20, 1937, Page A-13, Image 13
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 20 March 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-03-20/ed-1/seq-13/>

Newspaper Page Text

■ LIST TAKES
About Half of Market Turns
Down After Early
Gains.
•s the Associated Press.
NEW YORK, March 20—Although
prices opened higher in the curb mar
ket today, lowering influences de
veloped to send roughly half of the
list downward.
General unevenness prevailed late
In the short session, with swings
ranging to several points in each di
rection. Manufacturing and metal
shares were lower, while utilities were
mixed and merchandising stocks a
little better.
Off 1 to 2 points or so were General
Tire & Rubber, Aluminum Co. of
America, Lake Shore Mines and Nfw
mont Mining. Nehi Corp. lost nearly 3.
On the up side, with swings of 1 to
2 points, were Atlantic & Pacific,
Great Northern Paper, Agfa Ansco
and Bell Telephone of Canada.
CURB BONDS
DOMESTIC BONDS.
High. Low. Close.
Ala Power -fas ’67_ 853. 85V. do3.
Ala Power 5s '46 A .. - lo+'a 104'4 104V.
Ala Power 6s 56 _HH'4 1041* 104V«
Ala Power 5s '(IS_ 01 Va hi Hi
Alum Oo 5s '53 . .. UiBV-a 105’a 105’a
Alum Co Lid 5s 48- 1 <>51 a 105Va 106Va
Am a & E 6s 3038 __ 100',4 106 106'4
Am PAL 6S 3016 H6>2 116Va <IH>2
Am Badiat 4'as 47 - 1(I4V2 104 104
Am Boll Mill 5s '46 103 1031a 103
APDal P 6s 3034 A 111 111 111
Ark P A L 5s '56_ 100 100 100
As El Ind 4*as 53 _ 50 58'2 50
As G A E 4',s '40 . _ 55 54s, 55
As G & E 5S '50. _ 564. 56 66sa
As G A E 5s ’OS _ 54Va 54 54
,As T A T 5l2S ’55 A 87 86 86
Bald L 6s '38 xw stp_ _ 203’a 300 200
Bell Te C 5s '55 A 11 3 Va 112 Va 113' a
Bell Te C 5s '57 B __ ll.'Ga 113Va 113Va
Birm El 4' as '68 03 02 03
Birming Gas 5s '59 75 75 75
Brood Bv P 5s ’54 A.. HO 06 06
Can No Pw 5s ’53 A. 103-la 103‘i 102Vs
Cent UPS 5s ’50 E 103'a 102 102
Cen UPS 4 (2S 67 F 08‘a 07 08Va
Cent 111 P S os HR G 100 00 100
Cen I PS 4‘as '81 H 96 96 06
Cen O LAP 5s '50 A 103 103 103
Cent Pw A Lt 5s '56 04 n.'l3a 04
Cent St El 6s '48 6-3 63 62
Cent St El 6'as 54 63'a 63'a 62V4
Cen St PAL 5'as '53 68 68 68
21 Ei,,4V45 ’7<> A 104'/, 104', 104V,
Chi Pn T1 51 as '42- 102Vs 102Va 103',a
Chi Rys 6s '27 cod 72 7** 711
Cm Str Ry Os '56 B 101 101 lifl
Cities Svc os '50 72 To 70%
Cities Svc os ’rtrt 73% 7,m2 ?«%
Cities S Gas 5las 42 100%100%100%
\>,-s !52 70 0034 «y%
Cit S P&L o%s 40 __ 70*2 70% 70%
Comw Ed .5s 54 B 110% 110% 110%
Comw Ed 4s 81 F 100 103 103
Comw Ed 3%s 05 H 100% loo5* Km5*
Comw Sb 5%s ’4o A 102% 102% 102%
Comuty PAL 5s ‘57 M% .Si % 81%
Cons Gas U; Os 4.: A st 87 87 87
Cont GAcE 5s '58 A OO5* 90% 90%
Dei El Pw 5%s ’59 103% 10.7% in.3%
De: C:t Gas 5s 50 E 105% 105% In5%
Del Int Bdg 0%s '52 10% in in
Del Int Bdg 0%s ’52 cd 9% 9.% 9%
Det Int Beg 7s 52 3% 3% 3%
East GAF 4s '50 A 87% 87 87%
Ei Pow & Lt 5s 2030 87% 87 87%
Emp Dls Ei 5s '52 99% 99% 99%
Emp OAR 5%s 42 89% 88% 8}K .
Fed Wat 6%s 54 81% 84% 84%
Florida P&L 5s '54 90 514% 94%
Gary E&G 5s 44 stp xw 98% 98 98%
Gatineau Pow 5s '50 101% ini KU%
Gen Pub U 0%s 50 A !»n 99 9n
Georgia Pw ns 07 98 97% 98
Glen Alden Cl 4s 65 no% 80% 8n%
Gobel Inc 4%s '51 A >4 84 84
Grand Tr We 4s 50 inn inn inn
Hail (WFi Os 47 stp 100% 100% Km %
Hotel W Ast 7s '54 ww 37 37 37
Hyerade Fd Os '49 A 81% si% Hp,
II North Util ,5s '57 1 no% mo% Km>%
III Pw A L Os 53 A 103 102% ]0°%
111 Pw A’ L 5%s 54 B 103 102% 103
111 Pw & L 5s 50 C 99% 99% 91*%
Indiana Ser 5s 5<> 09% 09% 09%
Indianap Gas ns ’52 70 70 70
Indnap PAL 5s 57 A 104% 11»4 % K»4%
Inti Salt 5s 51 1 no 105 105
Inti Securities 5s '47 Jo.' jn2 1 o*»
Interst Pw 5s '57 05% 05 05
Interst Pw Os '52 50 50 50
Iter^.' P S 5s 50 D 87% 87% 87%
Interst P S 4%s 58 f 82*2 81% 8*>%
law a Pub Sv 5s '57 101% loi34 lnl%
Jer C PAL 4%s 01 C 104% 1 04** 104%
Kan OAE (is 2022 A 119% 119% 119%
Kan Pw Co 5s '47 A 100 100 100
Kentucky Ur 5s 01 _ 91% 9Pa 9112
Kentucky U 5s '09 I 91 % 91% 91%
Lehigh P S Os 2020 A lu97* 1<>9% Km7*
Lone Star G 5s '4 2 104 104 104
Long Is Lt (is '45 105% 105% ln5%
La Pw A Lt 5s '57 105% 105% 105%
Midlan V R R 5s '43 94 94 94
Miss Pow 5s '55 88% 88% 88%
Mun SS 6%s '37 ww cod 11 10% 11
Nat PA L 5s 2030 B 88 80% 80%
Nat Pb S 5s '78 cod 47% 47 47%
Nebr Pw Os 2022 122 122 12°
Nevada Cal El 5s 50 91 % 91 % 91 %
flew Ams Gas ns 48 1 14% 1 14% 1 14%
New E GAE 5s ’4 7 77 7 4% 77
New E OAE 5s 4« 77 74% 77
New E GAE 5s '5(1 77 74 77
New E Pw 5s '48 *17 on 97
New E Pw 5'is '54 97% 97% 97%
N Y P A L 4%s 87 l"5% 1115% K'5'
N Y S EAO t’.s mi 109% ion% loan
Nor A L A P 5%s '50 94 94 94
No Ind P S 5s .10 C lop, 101 lop,
No Ind P 8 t'.,s 7" E 100% 100 100
Norw Ei o 45 stpd 104’, 1044, 10444
Northw P .s 5s '57 A loo 99% 99%
Ohm rub , , 'vi (■ 109% ins’, ins’
Okl« P A W 5s 48 A 90 90 90
Oki* N G 1 %S '51 A 98% 98’, Hs’i
Par G A E n« 4 > p 1 1 0% 1 1 o'" 1 1 o',
Par Inves ;,S 48 A 97% 97% 97>4
Pa7 Pa! is .-,5 8”, 8n% S"%
Penn C P 4 %s 77 99% 99% 9914
Penn C 1 A L 5s ;o 105% 105% 105%
Penn Si S '54 D 1110% 100% 100%
Penp O L j C 4s '81 B 91% 91 91%
Peep L A P i. 79 '.’4%*‘74% ''4%
Phlla El P 517s 77 109% 109', 109%
Phlla Ran T Os 87 911 95% 95%
Portland G A C 5s '40 7 7% 77% 77%
?U8 I 5 P1 .{’* so 1,1 1 1 1 111
Pnh s N I 4%s 8" E lol % 101 joj
g N I 4J-’S.'R1 F 101% U'1% 101%
Pub S Okla 4s no A 1111 loo 100
Puc S PAL 5%s 49 A 88’, 88% 88V,
Fue S PAL 5s '50 C SO so 80
Pug S PAL 4'is'50 D 81% 81 8131
San An PAS 5s '58 B 104 104 104
San Jo LAP Os '57 B 128% 178% i,78%
Shw WAP 4'is '08 B 102 10° 10"
Sherid Wyo os '47 71% 71’, 7]’,
Sou Cal E 3%s no B 101 % 101 % 101 %
Sou Caro 5s '57 90 90 90
Std GAE cv os '35 cod 89% 89 89
Std GAE Os '51 A 88 88 88
Std GAE 8s '80 B 88 87% 87%
stand Pw A Lt Os '57 80% 81s 88
Super of 11 4'is '70 103’, 103% 103’,
Texas Elec 5s '80 _ 102 102 10'7
Toledo Edis 5s '02 107% 107% 107%
Twin C RT 5%s '52 A 83% 83 83
Ulen A Co Os '44 III st 53 52% 52%
Unit El N J 4s '49_ 112 11 1 111
Unit Lt A Pow its '75 87 • 81’, 81%
Unit Lt A Pow 8'is '74 85 84’4 84’,,
Unit LARD 5’is '57 to: 85’, 80
Unit L A R M Os '52 A 87 82 8'7
Va Pub S 5!is '48 A 98% 98% 98%
Wash Gas Lt 5s '58 . 108 108 108
Wash WAP 5s ’00 105% 10544 lOn’i
West T Ut 5s ’57 A 98 95% 95%
We U GAE 5Vis '55 A 104% 104’" 104%
Wis PA-L 4s ’50 A 97% 97 11714
York Rwy Oo 5s .37 93Va 93% 93%
FOREIGN BONDS.
Cuban Te 7%s ’41 A 1 OOVa 100% 100%
Danish Con 5%s '55 lOOV, 1011V, 100V,
Ttal Su Pw Os '0.3 A _ OS’7, 83% 03%
Medelin Col 7s '51 _ 1 ft % mV, 10%
Mendoz P 4s '51 stp 95% 95 95%
Parana Braz 7's '58 _ 28 28 28
Pied El O'is '00 A 73 73 73
Santiae Chil 7s '49 18% ]S 18
Santiae Chil 7s '81 18% 18 18
Sauda F Ltd 5s '55 A 109% 109Vi 109Vi
ww—With warrants, xw—Without war
rants. n—New. st istp)—Stamped.
^Negotiability impaired by maturity.
tCompanies reported in receivership.
GENERAL FOODS TO VOTE.
NEW YORK. March 20 MP).—Stock
holders of General Foods Corp. will
vote April 14 on a proposed reduction
in capitalization by $25,330,907, rep
resenting intangible assets which
would be transferred to paid-in or
capital surplus.
SHORT-TERM SECURITIES.
(Reported by Chas D. Barney & Co.)
, Bid. Asked.
Amer T & T 5%s 1943 _ 113% 113%
Auburn Auto 4%s 1939 75 80
Calif Packing 5s 1940 103 104%
Caro. Clinchfld & O 5s 1938 104% 105
Chesapeake & Ohio 5s 1939 100% 107%
Edison Elec Illu 4s 1939 105 loo’,
Gen Pub Svc 5%s 1030 102%
Od Rapids & Ind 4%s 1941 109
Houston Oil 5%s 1940 101% 102
Inti Mercantile M tis 1941 82% 83
Inti Tel & Tel 4%s 1930 84 85
Laclede Gas Lignt 5s 1939 93%
Lehigh Valley Goal Os 1938 99% 100
Lehigh Val Term Ry 6s 1941 99 107%
Long Island Gen 4s 1038 104%
Loulsv Sr Nash RR 4s 1940 105 100%
Michigan Cent RR 4s 1940 103 103%
Midland RR of N J 5s 1040 55 85
Milw & North RR 4%s 1939 90 99
N Y, Chi * St L 6% 1038 . 100 100%
New York Dock 5s 1938 100 100%
N Y. Sus A W 5s 1940 50 50
New York Tel 4%s 1930 _ 107% 107%
Pacific RR of Mo 4s 1938 101% 101%
Penn Dixie Cement fis 1941 99% 100%
Penna RR Co 4s 1943 112
Rio Grande West 4s 1939 75 70
South Bell T&T 5s 1941 100% 107
Term RR A St L 4%s 1939 107%
Vanadium Corp 5s 1941 105 107
Vertlentes Sugar 7s 1942 29% 31
Wabash Rwy Co 6s 1939 . 100% 100%
Warner Bros Os 1939 94% 97
West N Y & Pa 4s 1043_ 100% 110
West Union Tel 5s 1938 102% 103%
NEW YORK CURB MARKET
By private wire direct to the Star.
Stock and Sales—
Wvidend Bate. Add 00. High. Low. dost.
Acme W vto (3)-- 100. 481* 481* 481*
Agfa Ansco 1 21 21 21
Ainsw’th MCb25c 1 171* 17H 17X
Ala Grt Sou (t31 100* 781* 76 76
Alurr/n Co of Am 100« 175 171 176
Aluminum Ltd... 1860sl40 1821* 140
Am Beverage _ 18 S 3
Am Box B'd t80c.. 4 201* 20 *0
Am CP&L ww2 - 2 891* 891* 891*
Am CltPftL. B aliOc 16 6 6
Am Cynam B t60o 16 81 80 801*
AmQABll.tO) 6 871* 871* 871*
Am Gen C’p (a60c) 6 in* ill* ill*
Am Gen C pf (2) 800* 841* 841* 841*
Am Laun’y M 80o. 1 871* 871* 871*
Am L4T (T 1.20)_ 8 211* 211* 211*
Am Maracaibo_ 811 21* 2 2
Am Superpower_ 12 14 2 2
Anchor Poet F_ 4 41* 41* 41*
Anjtoetura (t20o) 1 71* 71* 7J*
Appalach E P pf 7 10e 1061* 1061* 1061*
Aroturus Radio T 4 2 IX 11*
Ark Nat Gas_ 2 101* 101* 101*
Ark Nat Gas (A).. 28 101* 101* 101*
Art Met W (80c)-. 2 141* 141* 141*
Ashland O&K t40o 2 71* 71* 71*
Asso G A E (A) — 9 31* 31* 81*
Atl Coast Fisher.. 9 111* ll ill*
Atl Coast La21*_. 80a 661* 66 66
Atlas Plyw’dUH3 271* 271* 271*
Austin Silver _ 6 21* 2J* 21*
Auto Products ... 4 81* 8 8
Auto Vot Mch 50c 7 11 101* 101*
Ax-Flsher(320)A 20a 88 88 88
Rardstown Dist ... 4 4*4 4*4 4*4
Barium Stain Stl. 7 6* 6*4 6*
Bellanca Aircraft 8 754 7*4 7*4
Bell Tel of Can(6) 70* 181*4 1*1*4 1*1*4
Berkey&Gay F Co 8 8 8 8
Berk&GF pur war 1 1*4 144 144
Blue Ridge C alOo 2 8* 3*4 8*4
Blumenthal S ... 2 8244 32*4 82*4
Bohack(HC)_ 226» 10 10 10
Bower Roll B (2). 2 29 28*4 29
Brill Corp (A) 1 15 15 18
Brit-Am O rg f80c 1 25 25 25
Brown Co pf 800. 68 67 67*
Brown F&W bl6c. 2 18* 18* 18*
Brown Forman ..2 9 9 9
Buckeye P L (4).. 50» 48* 48* 48*
Burr N&E pf 1.60. 1 24* 24* 24*
Bunker H & S(bl) 60* 133* 133* 133*
Burma <a25 4-5c). 3 6* 6* 5*
Cable El Prod vtc. 1 1* 1* 144
Can Indus Alco A. 1 6* 6* 6*4
Can Marconi _ 8 2* 2* 2*
Carlb Syndicate.. 10 2* 2* 2*
Carnegie Metals_ 6 2* 2* 2*
Carrier Corp ... 6 42* 42 42
Catlln Corp (a40c) 2 9 8*4 9
Cent & S W Util... 8 4* 4* 4*
Cent States Elec.. 6 1* 14; ji*
Cent St El 6% pf ]00» 20 20 20
Oentrif Pipe t40c 3 5* 5* 51^
Cherry Burrell (3 200.82 82 82
Chi Flex Shaft 14)400. 68* 67* 67*
Chi Rivet* Mach. 3 17* 17 17*
Cities Service 86 4* 4* 4u
C ties Service pf 2 50* 60*4 60*
Cities Svcpf(BB) 10s 46 45 45
Cit Svc P&L 87 pf 26. 78* 73* 73*
City Auto S(t60c) 1 13 13 13^
Claude Neon Lta.. 1 3* 34 3vt
Colon Dev Ltd ... 4 7 6*
Colo Fi,el*lr war 1 19* 19* ]94
CotsPFAh37*c 2 65* 65* 65*
ColumO&Ga20c 4 9* 9 9
Comwlth Edls t4 s 120 119 119
Com with & S war 10 * * *
Cons Aircraft 7 30* 30 SO
Consol Biscuit 6O0 18 8 8
Consol Copper 15 9 8* 8«i
Consol Gas Util... 1 3* 3* 3/
Cons Mln&Sm t2. 100.91* 9iu 91*
Cons Royal (20c) 4 2* 2* 2*
Consol Steel Corp 9 is* ifi* 164
Conti Oil (Mex) 1 1* 1* 1*
Cont'l Roll & s Fy 2 22* 224 22*
Cooper Bessemer 8 29 27* 28*
Cooper Bess pr pf. 1 39 39 39
Cord Corp 5 4* 44 44
Coeden Oil Me (d) 8 2* 2* 2*
Crampi W&Sons). 1 1* ji y.
Creole Pe- (a5oc). 1 32 32 32*
Crocker-WhalOc » 16* i6* ,6*
Croft Brewing R3 1 'VI
Crown Cent P afic 12 24 2* 2*
Crown Dr (b20c) 3 4* 44 44
Curtis Mfg (b75c) 100.14* 14* 14*
Cusi Met Minina 186 * * *
Rarbv Petr (60c). 1 16* is* is*
Dayton Rubber... 1 27* 27* 27*
Dejay Stores tSOc 1 14* 14* 141,
Derby Oil & Ref . 1 6* 6* 6*
Dei Gas pf (1.20). 1 17 17 17
Det Gray Ir t20c .. 2 16* 16* 16*
Dei Pap Prod t25o 8 8* 8 8
Det Stl Prod b25c. 2 55 55 55
Det (Mich) Stove. 1 7* 7* 7*
Domin S&C (B) 6 24* 24* 24*
Dubelter Condens 2 4*. 4* 4*
Duke Power (3) 60. 70 70 70
Duro Test (blOc). 1 7* 7* 7*
Eagle Pitcher blOc 8 23V* 23H 23U
Estn G&F As pf 3 260. 50ts 60 60
East G&F p pf 4)4 25* 67 67 67
East ti Stales Pwr S 4)4 4>4 4*4
Easy W M(B)b25c 1 12 12 12
Elec Bond & Share 51 24)4 23)4 24
Elec B * S Df (6) 1 81 gi 31
El Pwr As(A)a25c 1 7J4 7)4 7)4
Emp G&F 6% Df 25§ 70 70 70
Emp G&F 8 % p*\ I50i 79*4 79 79
Eoulty Oorpta25C/ 21 2% 2)4 2)4
Eureka P L (4) ___ 100.40 40 40
Evans Wall Lead 38 2)4 2)4 2H
Bxcello Air(b20c) 4 25)4 26!i 25H,
Fairchild Av al5c 1 6)4 6)4 6’4
Fedders Mfgb25c_ 1 15J4 I6J4 1514
Ferro Knam rights 1 4 4 4
Ftdello Brewery 1 \ V \
First NS latpf 7. 20.113 113 113
Flak Rubber 4 17 16)4 17
Fisk Rub Of (6) 50. 89 89 89
Ford Ltd al8l-10c 2 7)4 7)4 7)4
Ford (Can) A (1). 23 26 25)4 26)4
Ford (France) _. 1 4)4 414 4)4
Fox (P) Brew 80c 2 9)4 9)4 9)4
Froedt G&M(20c) 2 13)4 13)4 13)4
Froedt't cv pf 1.20 50. 18)4 18)4 18)4
Gen Alloys 8 4)4 4)4 4)4
Gen Firepro f t40c 1 19*4 19*-* 19)4
Gen invest Corp 6 1)4 1)4 ji;
Gen Tele C’p al.35 3 19)4 19 19
Gen Tire & Rub 9 36)4 36 36
Georgia Pw pf (6) 35. 83)4 83)4 83)4
Gilb’t(AC)a62 %c. 2 12)4 12 12)4
Godchaux Sug(B) 1 82)4 32)4 32*4
Goldfield Consol .8 \
Grand Natl Films 5 3 3 3
GrtA&PTnvte 50. 111)4 109)4 111)4
Great Nor Pap tl 160. 42 41*4 42
Greenfield T & D 7 14)4 14H 14)4
Groc Store Prod _ 16 5 5
Guardian Invest 5 *4 34 14
Gulf Oil (Pa) b25o 2 56)4 6614 66)4
Hartman Tobacco 1 2)4 2)4 2)4
Harvard Brewery 6 3)4 3 SPj
Hearn Dep S bl.65 2 16*4 18)4 16*4
Hearn DS6%pfS 6 51 61 61
Hecla Min 1 b20c) 13 20)4 19)4 20
Helena Rubenst’n 3 7)4 7)4 7*4
Heller pfwwl% 30. 24 24 24
Horn & Hardart t2 50. 39)4 39)4 39)4
Hudson BM&S tl) 7 86)4 36 36)4
Humble 011 (1)4). 1 80)4 80)4 80).
Hygrade Sylv 43 >. 100. 60 48 48
111 P & L 6 % pf 100. 61 61 61
111 Pwr * Lt *6 pf 260. 61 60)4 80)4
Imp Oil Ltd t60c 4 23)4 23 28
Imp Oil reg (t60c) 2 23)4 23)4 23)4
Indiana PL <t40c) 8 14)4 14)4 14)4
Indiana Svc 6%pf 20. 23 23 23
Ins Co of No A 12 50. 66)4 66)4 66)4
inti Hy El S cv Df 2 32)4 32)4 32)4
Inti Metals Inc A. 26. 17)4 17)4 17)4
Inti Petr (1144 ) - 10 86*4 36)4 36)4
Inti Utli (B) 3 2)4 2 2)4
Inti Util war new 10 )4 )$ u
Inti Vitamln(50c) 8 6)4 6)4 6)4
Interst PtDellpf 10. 17 17 17
Inv Royalty (t6c) H H % %
Irving Air Ch (1) 2 14)4 14)4 14)4
Ital Ruperpwr(A) 2 1)4 114
ttal Sup’pw d rts. 10 )4 )4 14
Jacob.*! FLK'oi 1) 1 16)4 16)4 15*4
Jonas &: Nbg bl5c- 17 7 7
Jones&Laugh Stl 2 123 123 123
Ken RTAL A a76e 1 2*4 24 4 244
Kinston Prod 40c 35 6)g 6), 6*4
Kirby Petrol (20c) 2 6)4 6)4 6)4
Koppers pf <6) . 50« 108X 108 108
Kreuper Brew tl_ 1 17)4 17)4 11)4
Lake Sh M (T4) .. 1 66 58 66
Lakey Fy & Mach. 1 7)4 7)4 7)4
Leh Coal AN 30c.. 3 10)t 10)4 10)4
Leonard Oil _ 17 1)4 1)4 1)4
Lion Oil Ref (1).. 34 19)4 19)4 19)4
Locke Stl Ch 180c. 4 16)4 16)4 16)4
l.ockheed Aircraft 18 144 14 14
Lone Star Gas 80o 4 11)4 UX 11X
Lons I Let Al7l 80s 90)4 90)4 90)4
Loudon Packing.. 2 44 44 44
La Land (40c) ... 2 124 12)4 12)4
Lynch Corp (t2).. 1 89)4 39)4 39)4
Me Williams D (tl 1 33 33 88
Marlon Steam Sh 1 20 20 20
Massey Harris 4 15)4 15)4 15)4
Master Elec (1) 6 25 24)4 25
Mead Johnson(t3) 26« 115 115 115
Merritt Chap war 1 1)4 1)4 1)4
Merritt C A 8 pf A 26« 62 62 62
Mesabl iron _28 14 m 14
Mich Bumper C 2 24 24 24
Mich Gas & Oil_ 19 9 9
Mich Suttar__ 3 1)4 14 154
Mid Sta Pet (A).. 1666
Stock and Sales—
Dividend Rate. Add 00. Hish. Low. Close.
Mid St* Pat (B) . 2 14 14 14
Mld-W Abraa alOo 4 44 4 4
Midvale Co (b76c) 26s 894 894 824
Minins Co (Can).. 2 4 4 4
Mook Judaon <0o.. 1 144 144 144
Molybdenum Corp 6 94 94 94
Montr HLtAP 14 60s 82 S2 82
Moody’s pt pf (3). 60s 864 364 884
Moore Dlat (760c) 4 64 64 64
Mount Prod (#0c). 2 64 84 64
Nat Bella Haaa_ 10 24 24 24
Nat Contain *50o_ 1 114 114 114
Nat Fuel Oaa (1)_. 6 16H 164 164
Nat Gyps A *2 4 — 1 784 784 784
Nat Invest war_ 2 4 4 4
Nat Leather- 41 14 14 14
Nat P A Lt pf (6) 100s 854 *54 854
Nat Rub Mch *20o 6 144 144 144
Nat Service _ 1 4 4 4
Nat Union Radio.. 2 24 24 24
Nehl Corp 8 664 664 664
NeptuneM(A)a60o 1 154 154 154
N E P As 6%pf b2. 60s 814 814 814
Newmont Min b76i 8 1244 H* 12*4
NYPwALtpf(7) 10s 114 114 114
N Y Tel pf (6 4 ) 60s 118 118 118
Nias Hud Pwr new 8 144 144 144
Nias H P< A) war. 4 4 4 4
Niagara H B war. 1 24 24 24
Nlag Sh Md B a60e 10 144 144 144
Nlplsslng (60o) . 8 24 24 24
Noma Eleo (b40o) 2 74 74 74
North AmLAP 6 44 44 44
North AmLAP pf 100s 68 674 674
No Am Ray A b50o 8 46 444 44 4
North'n Europ oil 10 4 4 4
Ohio OH CU pf (6). 2 109H 109>4 109J4
Okla Nat GaaCo.. 6 1244 1244 1244
Okla Nat Gas pf.. 60a 2944 2944 2944
Overseas Sec 60o. S 10 10 10
Pantepeo OH . 69 644 6 6W
Pender G (A)360a 4044 4044 4044
Pender Gr(B)a60o 1 1144 1144
Pennroad (a25c) 16 644 6 644
Pa Pw & Lt 6 % pf 30a 10744 107 1 0744
Phoenix Secur 3 1044 1044 1044
Pierce Gov <a60c) 1 28 28 28
Pitney BowmOc) 2 844 8 8
PlttsbRh Forging 2 2 4 44 2 4 44 2 4 44
Pleaa Vail W(b6c) 1 244 244 244
Plough lno (1.20). 1 1744 1744 1 744
Potrero Sutar . 8 344 344 344
Powdrell&Al t60o. 2 10’4 1044 1044
Premier Gold 1120 6 344 8v* 314
Producers Corp _. 11 44 \ \
Propper-McC (d) 8 4, «,
Prudent’l Inv a50o 6 13*4 1344 I34j
Pub Svo Ind pf 60s 36 3644 36
uua Sd P&L pf(6) 26a 8244 8244 6244
Pyrene Mfg a90c.. 1 12h 1244 1244
Rainbow Hum (B) 8 44 ^
Raym’d Cone (tl) 160a 4144 4 1 41
Raym’d Con pf(S) 100a 68 6244 62*4
Red Bank 1 1644 18v.
Reeves (Dan) 6O0. 1 644 644 644
Relter-Foater ... 2 l»4 144 iu
Reynolds Invest.. 1 2*4 244 2*4
Rice Stix DO bfiOo. 2 1 244 1244 1244
Richm'd Radiator. 2 644 644 644
Root Patrolm(l).. 8 944 944 954
Rustless IriStl... « 1544 1544 1644
Ryan Conaolld’d.. 1 444 444 41^
St Lawrence Corp 1 12 12 12
St Lawrence C pf. 126. 32 31 32
St Regis Paper 64 9k 8k 9
Schlflf (The)Co(t3) 1 40 >{ 40 U 4014
Segal Lock ft H .. 1 8t4 8u 8,i
Selberllng Rubber 2 7)4 744 71*
Selected Indus 6 344 344 31,4
Sel Ind all cfs 6 44 200« P9‘4 99 9914
; Sel Ind pr pf <644 1100. 96 96 96
! Sent Saf Control 1 44 44 «/
1 Seton Leath a60o. 1 11)4 nu nu
Seversky Aircraft 8 6V4 6k 8W
; Snattuck Den Min 10 2214 22 2?
! Shawm W & P 80o 1 80 so 30
Simmons Hd&P. 5 6k 6k 6k
Smith (H) Paper. 26s *444 2 444 2 4*»
Solar Mfg (a40c). 2 64* fi4*
Sonotone c (aluc) 1 lk ii4 i,
Soss Mfg (a25c)._ 2 7k 1 7"
South'n P L b20c . 1 6k 6», 6k
Southl’d Roy blOc. 1 8*. 84* 8»
Spanish & Gen (R> 1 % V £
Square D pf A 2.20 60s 43 43 43
Stand Oil Ky (tl) 6 20k 20k 20k
Stand Oil Ohio tl_ 9 44k 43U 4iu
Stand Pwr ft Lt .. 10 6k 5k 6k
Stand P& L(B) 1 rH 5£
Stand Prod (b25c) 1 1944 1944 iyx
Stand Sll&Ld (40 4 •* . ,
Starrett Com vtc 7 8k 8W 81*
Sterl Alum Pa 76c 3 lit* Ilk ilk
Sterling, inc(20c) 8 6 6 6
Sunray oil (alOci 13 4k 4k zu
Sunr’yOcupf 2 44 1 49 49 49 .
Sunshine Min (I). 2 19k 19k 19k [
Taggart Corp — 4 14U 141* wr 1
Tampa El (2.24)._ 1 36k 36k 36k
TastyeasuDeDA. 4 149 ik i»4
Tavlor Dlst (300. s 4k 44? 4, ;
Technicolor »6Q*. 4 21k 21k 21L
Texon Oil ft L 6O0 10 «k 6U 6k
Tob Prod Exp 16c 4 3k 8k 8k I
Tonopah Belmont 17 4, u p
Tr-Lux DPS t20c. 3 444 4£ 4/
Tublze Chatllllon. 4 26k 26 26 *
Tublze Ch A (bl). 1 70 70 70
1 ung-Sol Lamp n 1 7*9 7*9 7k
Tung-Sol L pf 80c 1 10k 10k 10k
Twin-Coach al.40 4 24k 24l9 24k
Ulen & Co 7 k % pf 16 6 6
Unit Air war . 2 28 27k 27k
United Corp war.. 16 ik jv*
Unit Gaa C°rp .. 33 11k 11H uy
Utd Gas war_ 5 3 s « 4
Unit Lt ft Pw (A) 24 8 719 8
Unit Lt & Pw pf 8 57k 55»4 67k
Lnlt Milk Prod (2. 26i 30 3u 30
Unit Shoe il t2k 60s 87 86k f6U
OS Poll (B)(1) . 4 16k 16k 16k
UafiTS 1st pfbl% 1 90 90 90
U S Lines pf 8 3p -w .
U S Rub Reclaim. 4 11 jo* 10k
U S Stores _ 1 #9 t ’ *
Unit Verde Ex (1) 7 4' 3k vl
Unit Wall Paper 10 5 lu ? *
Utilities Pft L (d) 16 1 t4 i
Util P ft L B (d)_ 2 3k lit in
Utility Equities 1
Utility Eq pf b4k 25» 80 80 80 '
Valspar vtc_ 18 8 8
Venezuela Msx O. 1 7k 7U 7U
Venezuela Petrol. 11 2k 2k 2k
Walker Mining . 3 4 3», „s
Wayne Pump (6O0 80 46*4 44k 45k
Wentw’h Mf tl.20 1 29 29*
W V. Coal & Coke 9 6 "k 4k
Westn A E (a26c) 1 11)4
WestnMdpf (a7) 60.111' ill n *
Wll-low Cafe pf . i 6I9 L i,
Wolverine Port C 2 64 6U
Wolver Tube b20c 6 16k itu 16k
Wright Harg »40c l *?£ ‘‘g
Ygstn Stl Door(2) 2 78k 78k 78k
Yukon Gold(al3c) 2 4 8J9 3U
®u“ui»‘f<l dividend. a Paid ‘ l\st
b Paid this year d Companies reported a.
h.inl ln bankruptcy or in receivership, er
being reorganized under the banknSpeJi
oanle.1 ®ecurltle® assumed by «ucb com
TJ. S. TREASURY POSITION.
, 0Tbl Position of the Treasury on March
18. Receipts. *100,853,760.38' exnendi
040'?,' *148.488,783.13; balance. *1.857.
month,8*3i.954U076™f8. reCeiPU f°r the
n ReceiDts for the hsGRj year (since July
out 77 V1^ expenditures. 55.
Srr 2a'if* 817 including J2.045.104 -
Hno.HH of emergency expenditures- excess
SLfXP*?^«- 51.801,300.700.08; gross
M*'1 ^BC)4 under R th e * p re vd ouV'd ay*
Hi^46t!!,;^^sr^d.lncludin,i
STATEMENT OF THE CONDITION OF
1 he Charter Oak Fire Insurance
Co. of Hartford, Connecticut
?" ylst day of December. 1036. as
i «Q® A d5f. 8ectl0n 647 of the Code of
Law for the District of Columbia.
INCOME.
Net premiums None
■n?aPllbterest ,nd rent*- *21.304.26
Other income 0,788.63 |
Total Income *31.092.78
DISBURSEMENTS.
Net amount paid pollcyhold
^ losses _ None
Ali other disbursements_ 3,358.41
Total disbursement*. *3.358.41
D , ASSETS.
Real estate _ None
Mortgage loans on real estate None
Collateral loans ._ Nnnp
Bonds and stocks_ «i ooo *’50 on
Cash in company's office ill None
ani bftnl“- 213,366.08
Agents balances _ None
Interest and rents due cr
accrued _ a ok
All other assets- 17i750.00
Gross assets 51 24 5 721 86
Deduct asset* not admitted None
Total admitted assets *1,245,721.86
LIABILITIES.
Net unpaid claims_ . None
Total unearned premiums_ None
Other liabilities ..._ $1,164 52
Capita] paid up 500,000 00
Surplus over all liabilities: 744!557:34
Total __ *1,245,721.86
NeL ?r<T-lu?*i, frltten during the year.
District of Columbia—None.
EWING, Vice President.
5- LEAHY. Assistant Secretary.
Subscribed and sworn to befora m« this '
,3rd day of February. 1937.
(Seal.) FRANK R. CHRISTIE.
Notary Public. 1
BIG U. S. WHEAT
EXPORTS EXPECTED
Nation to Have World Mar
ket Largely to Itself
for Time.
BY JOHN P. BOUGHAN,
Associated Press Market Editor.
CHICAGO, March 20.—Prospects of
the United States having the world's
wheat export market largely to itself
July to September this year are now
stirring grain trade optimism.
Some Chicago wheat specialists say
the period may be longer than July to
September, inclusive, and are disposed
to regard a 1937 big crop in the United
States as almost a necessity. It is
being pointed out that world imports
of wheat so far this season have been
averaging approximately 12,000,000
bushels a week, and if this rate is
maintained until August 1 the ag
gregate takings would be around 625,
000.000 bushels, an amount 60,000,000
bushels over and above recent au
thoritative estimates of the season’s
total.
Pacing such an outlook, the wheat
market this morning compared to a
week ago was V4 to 3 cents a bushel
higher, corn lti-1% advanced, oats
34 off to % up, and rye showing l>/4
2Vi bulge, and provisions unchanged
to 25 cents dearer.
Likelihood that the world’s available
wheat supply at the end of the cur
rent season may be curtailed to an
almost irreducible minimum has tend
ed of late to increase demand es
pecially for deferred shipments. One
result has been a rapid narrowing of
the price difference between old and
new crop wheat futures both in North
America and in Liverpool.
Meanwhile, the main oenter of wheat
interest outside of the United States
continues to be Argentina. That coun
try has already shipped 87 000.000
bushels from an estimated surplus of
155,000.000 bushels, and has done it in
about 11 weeks. A significant phase
of the Argentine situation, Chicago
trade experts say. is that Great Britain,
Belgium and other heavy importers
have still not covered their usual needs,
a reason being extraordinary vigorous
buying on the part of Italy "and Ger
many. while Brazil alone is expected
to obtain 30,000,000 bushels of wheat
is yet left of Argentina's fast dis
appearing supply.
STATEMENT OP THE CONDITION OP
The Travelers Fire Insurance
Co. of Hartford, Connecticut
on the 31*t day ol December 1930. as
required under Section 647 of the Code of
Law lor the District of Columbia.
INCOME.
Net premiums __ $11,918,295.26
Total interest and rents 621.350 99
| Other income . __ 161.892.73
Total income _$12,701,547.98
DISBURSEMENTS.
Net amount paid policyhold
ers for losses __ $3,765,010.49
All other disbursements 7.129.,53.44
Total disbursements $10,894,163.93
! ASSETS.
; Real estate None
' Mortgage loans on real
; estate __ ... None
I Collateral loans _. None
Bonds and stocks • $18,962,717.01
Cash In company’s office None
Deposits In banks 2,127.900 35
Agents’ balances 1,486.974 60
Interest and rents due or
accrued 120.396.19
All other assets ... 1 146,862.03
Gross assets ... $23,843,960.08
Deduct assets not admitted 0,726.74
Total admitted assets $23,837,223.34
„ LIABILITIES.
Net unpaid claims S1.214 ”‘>1 On
Total unearned premiums il,70fl’,Hl8 90
Special reserve _ 3,236,503 53
Other liabilities _ 654.406 21
Capital paid up. . 2,000,000.00
Surplus over all liabilities 6.031.973 70
Total __ .. $23,837,223.34
NET PREMIUMS WRITTEN DURINO
THE YEAR.
District of
Total Columbia
Firr **021.068 15 $84,207.89
Motor vehicles 2.270.825.7” 27.353 44
Earthquake 9.386.5; 10 00
Inland navi
gation and
t r anspor
tion _ 961.84ti.oH 14.517.25
Tor nado.
windstorm.
cyclone and
haiKexcept,
8 r o wing
crops) 532.352.84 1 678.84
Hail (grow
ing crops
only) __ Nona Nona
8 p r i r k ler
leakage 63,326.54 12.78
Riot, civil
commotion
and explo
sion ___ 68.833.86 12.41
All other—
Aircraft _ 56.00 None
SI 1.91 8.296.26 *12 7.767.05
ESMOND EWING. Vice President.
JOSEPH D LEAHY. Assistant Secretary.
Subscribed and sworn to before me this
2nd day of Februarv. 1937
(Seal.) FRANK R. CHRISTIE.
_ _NotarvPublir
STATEMENT OF THE CONDITION '
I OF THE
Fidelity-Phenix Fire Insurance
Company of New York
On the 31st day of December. 1936. as
required under Section 647 of the Code of
Law for the District of Columbia.
INCOME.
Net premiums $13.939,5545.78
Total interest and rents.. . 3.027,773.22
Other income__ 828,704.91
Total income __ $17,706,723.91
DISBURSEMENTS.
Net amount paid policy
holders for losses _ $0,849,391.29
All other disbursements 9,530,171.23
Total disbursements $16,179,582.62
ASSETS.
Real estate $1,854,888 43
Mortgage loans on real
estate 0
Collateral loans_ . 0
Bonds and stocks .. 76.120.832.00
Cash in company's office 0
Deposits In bonks.. .3.710,763.70
Agents' balances 1,810.316.28
Interest and rents due or
accrued _ 161,210.47
All other assets _ 0
Gross assets __ $83,448,610.88
Deduct assets not admitted 188,498.97
Total admitted assets $83,260,111.91
LIABILITIES.
Net unpaid claims $2,531,396.78
Total unearned premiums 14.792.093.23
Other liabilities _ . 4,192.175.00
Capital paid up -_ 3,750,000.00
Surplus over liabilities... 57.994.447.90
Total __ $83,260,111.01
NET PREMIUMS WRITTEN DURING
THE YEAR.
District ot
Total. Columbia.
Eire ... $10,029,853.97 $37,001.53
i Ocean marine 685,660.96 271.07
Motor vehicles 1,268,875.07 4,019.13
1 Earthquake 16,910.43 8.25
Inland naviga
t 1 o n and
transportation 637,455.43 2,582.72
Tornado, wind
storm and
cyclone 1.047.046.60 642.89
Hall _ 176,960.82 0
Sprinkler
leakage 39,067.20 98.06
Riot, civil com
motion and
explosion. 130.911.71 768.07
Aircraft _ 7,412.20 16.13
Flood _ 10,091.39 0
$13,939,245.78 $46,201.8*
C. W. PIERCE. President.
A. A, NELSON, Assistant Secretary.
Subscribed and sworn to before me this
4th day of February, 1937.
(Seal.) W. A. WEBER.
Notary Public.
Notary public. Queens County. Clerk s
No. 1731, Register's No. 4831. Certificate
filed In New York County. Clerks No.
273. Register's No. 7-W-162. Commission
expires March 29, 1937.
LEGG, GRIFFIN AND
COMPANY, INC.
Insurance and Surety Bonds
Hibbt Building National 1833
INTERNATIONAL PAPER
BOOSTS BASE PRICE
By the Associated Press.
NEW YORK, March 20—R. J.
Cullen, president of International
Paper Co., disclosed yesterday the
company is announcing to its custom
ers a $50 base price for newsprint for
the first six months of 1938, for de
livery at Chicago, New York and other
Atlantic and Gulf ports.
"Although some foreign markets are
already bidding higher,” said Cullen’s
statement, “the company hopes that
the domestic market will be stabilized
at this level.’’
The present base price applying
throughout 1937 Is $42.80 a ton. De
mand is said to be running more than
10 per cent ahead of last year.
U. S. TREASURY NOTES.
(Reported by Chas. D. Barney & Co.)
Rate. Maturity. Bid. Oiler.
8s Apr. 15. ’37-. 100 8-32
SV4s Sept. 15. '37.- 101 18-32 101 20-32
2“is Feb. 1, '83 . 101 20-32 10131-32
3s Mar. 15. '38 - 102 16-32 102 18-32
2’as June 15. '38 . 102 24-32 102 28-32
2V2s Sept. 15. '38 - 102 10-32 102 21-32
l'/jS Mar. 15. '30 100 24-32 100 28-32
8'»s June 15. '30.- 102 4-32 102 6-32
1 “4s Dec. 15. '80 . 100 6-32 100 7-32
1V»3 Mar. 15. '40 - 100 17-32 100 10-32
1 'is June 15, '40 _ 100 3-32 100 6-32
1 '5s Dec, 15. '40.- 1001-32 1003-32
Ilia Mar. 15. '41. _ 00 30-32 100
l3ks June 16, '41 00 14-32 00 16-32
l'4s Pec. 16 41 0009 2-32
STATEMENT OF THE CONDITION
OF THE
Empire State Insurance
Company
Of Watertown. N. Y, on the 31»t day of
December. 1938. as required under Section
647 of the Code of Law for the District
of Columbia.
„ INCOME.
Net premium* — *584.002 87
Total interest and rent* . 120.018.28
Other income _- _ 35,151.47
Tot»l income _ *740.072.62
DISBURSEMENTS.
Net amount paid policy
holders for losses *208.147.10
All other disbursements_ 384,770.01
Total disbursements_ *570.917.11
ASSETS.
Real estate_ - None
Mortgage loans on real es
tate - -_ None
Collateral loans_ None
Bonds and stocks *2.781.064.84
Cssh In company's office_ None
Deposits In banks 225.354.11
Agents' balances 172.704.72
Interest and rents due or
accrued __ _ 17,985.18
All other assets _ 313,604.31
Oross assets *3.511,702.86
Deduct assets not admitted. 47.882 25
Total admitted a»*ets $3,463,840.41
LIABILITIES
Net unpaid claims *87,280 82
Total unearned premiums 621.988.98
Other liabilities . 40.870.66
Capital paid up l.OOO.OOO.OO
Surplus over all liabilities.- 1,733.890.05
Total *3.463.840.41
NPT PREMIUMS WRITTEN DURING
THE YEAR.
District of
_ Total Columbia.
Tire . $40o.30o.91 *1.205.43
Ocean marine_ None None
Motor vehicles 63.863.62 283 70
Earthquake 473.87 None
Inland navigation
and transporta
tion . . 575.01 None
Tornado windstorm
and cyclone 23,801.65 72 73
Hall ___ None None
Sprinkler ieakage 1.758 86 .08
| Riot, civil commo
tion and explo
I ,,sion . 3.043.05 .83
| All other- None None
$564 002 87 $1,832.77
E J DICKY. Vice President.
G G. IGLEHART Secretary.
Subscribed and sworn to before me this
15th day of February. 1037. iSeal.) P. E
CONSAUL Notary Public.
J E. DOUGLASS CO.
Insure—in—Sure—In durance
i _ 5130 Conn. Ave. Pbnne Em.
ST ATEMENT OF THE CONDITION 'OF
The Traveler* Indemnity Co.
of Hartford, Connecticut
on the 31st day of December 1P30. as
required under Section 647 of the Code of
Law for the District of Columbia.
INCOME.
Net premiums *10.286.001.28
Total interest and rent* 737,858.1*
Other Income . 397.490.85
—
Total income __ *11.421.360.26
DISBURSEMENTS.
Net amount paid policyhold
ers for losses __ _ *3.030.370.83
All other disbursements 8.088.831.06
Total disbursements $11,119,201.89
ASSETS
Real estate Non*
Mortgage loans on real
estate __ __ Non*
Collateral loans _ None
Bonds and stocks *22,832.216.12
Cash in company s office None
Deposits in banks_ __ 1,457.775.00
Premiums in course of col
lection .... 1,773.529.78
Interest and rents due or
accrued __ 85,545.06
AH other assets . __ 712.572.88
Gross assets _*20,861.63943
Deduct assets not admitted 29.773.82
Total admitted assets *26.831.805.01
liabilities
Total unpaid claims _*1,400,000.00
Total unearned premiums 6.423.491.45
Other liabilities. Including
*7 904.624.70 special re
serve 9.09V,407.96
Capital paid up__ _ 3.000.000 00
Surplus over all liabilities . 6.909.960.20
Total *26.831,8663)1
NET PREMIUMS WRITTEN DURING
THE YEAR.
District of
Total. Columbia.
Auto liability *292.861.95 None
Liability other
than auto__ 366.045.34 *880.69
Plate glass __ 688.352.40 6.902.90
Burglary and
theft 2.309.798.05 17.823.47
. Steam Boiler 857.885.44 7,906.04
1 Machinery 207.558.88 88.80
Auto property
i damage 4.022.507.10 46.983.44
Auto collision. 517,346.03 1.907.09
Property dam
age and col
lision other
than auto 423,645.49 2.120.34
Totals SIO.'.’Kri.OOl .28 $83,668.43
J H. COBURN. Vic? President.
P. 8. GARRISON. Secretary
Subscribed and sworn to before me this
20th day of January. 1037.
(Seal.) FRANK R. CHRISTIE.
Notary Public.
STATEMENT OF THE-CONDITION CfF
The Travelers Insurance Co.
of Hartford, Connecticut
on the 31st day of December. 1936. as
required under Section 647 of the Code of
Law for the District of Columbia.
INCOME.
New premiums - _$21 993,429 70
Renewal premiums .. 89.S74.431.16
Total premium In
come -- $111,872,860,86
Total interest and rents.- 29,743,788.32
Income
Casualty Department _ . 63.466.657.41
Other income _ 18,267,458.42
Total Income $223,349,686.01
DISBURSEMENTS.
Net amount raid for losses
and matured endow
ments $50,617,746.17
Other payments to policy
holders . 18.734.789.16
Disbursements—
Casualty Department 53.927,864.05
All other disbursements 30,324.608.22
Total disbursements $153,605,084.69
ASSETS.
Real estate __ $61,129,863.80
Mortgage loans on real
estate _. _ 68,335.379.48
Policy loans _ 117,802,455.28
Bonds and stocks _ 471.803.017.99
Deposits In banks__ 11.282,322.23
Total interest agd rents
due and accrued 7.983,090.08
Net amount uncollected
and deferred premiums 19.633.216.90
Gross assets—
Casualty Department 112,923,365.86
All other assets _ 95.842.59
—
Gross assets __ $860,989,045.07
Deduct assets not admitted
(including $218,921.84
—Casualty Department) 617.88P.88
Total admitted as
sets -- .. $860,471.365.24
LIABILITIES!
Net reserve, required by
law __ _ $679.538,.161.00
Other policy reserve*_ 35.114,964.00
Total policy claims__ 4.112,802.01
Liabilities—
Casualty Department_ 78,233,451.82
Other liabilities_ 15.952,139.96
$812,946,708.79
Capital paid up_ . _ 20.000.000 00
Unassigned funds (surplus) 27,524,848.45
Total _ --$860.471,365,24
Amount of ordinary business
written during the year $609,267,658
Amount of ordinary business
written In the District of
Columbia during the year 8,010.860
Amount of Industrial business
written during the year Non*
Amount of Industrial business
written in the District of
Columbia during the year None
WILLIAM BROSMITH. Vice President.
D. A. READ. Secretary.
Subscribed and sworn to befors me this
29th day of January, 1937.
(Seal.; FRANK R. CHRISTIE.
Notary Public.
MEXICAN COPPER
INDUSTRY BOOSTED
Preient High Price* Expected to
Bring Huge Increaie in 1937
Production.
*» tbt Associated Praia.
MEXICO, D. P., March 20.—Present
high price* promised today to give
new Impetus to Mexico’s lagging cop
per industry.
With the metal quoted for export to
Europe at around 17 cents a pound,
the department of national economy
predicted an "extraordinary increase”
in Mexican production.
Pointing out the price of the metal
had doubled in the last 15 months, the
department of national economy said
it was to be expected “world and na
tional production would increase this
year in extraordinary form.”
A long-enduring strike in the mines
of the American-owned Cananea Con
solidated Copper Co. at Cananea, So
nora, most Important Mexican copper
producer, was one factor in reducing
this country's 1936 output to 29,713
tons, the lowest in five years.
The figures for Immediately preced
Inf yean, In tons, were: 1935, 39,373;
1934, 44,268; 1933, 39,825, and 1932,
35,213.
Value of the output by years was:
1936, $5,810,000; 1935, $6,410,000;
1934, $7,450,000; 1933, $5,660,000 and
1932, $3,950,000.
-- --•
FINANCING TO DECLINE.
NEW YORK, March 20 (>P)._New
financing by States and municipalities
scheduled for next week totals $29,
310,425, compared with a revised total
of $43,787,475 In the current week, the
Bond Buyer said today. The two
largest issues due are $15,000,000 ol
New York State grade crossing elimina
tion bonds and $5,500,000 of Allegheny
County, Pa., Improvement bonds.
FEDERAL LAND BANKS
L,SWB.nYtTna,M‘rCh 20
*y««Nov. 1968-88- 104‘/2 105
4V«6 May. 1057-37_ 100% 100%
4* May. 195R-3*_ 10 SyJ {(fffi
1* ?°,v .— 10!* 102%
4* July. 1948-44_108% 109
3V«* May. 1965-45 - 108', 101%
3s July. 1956-45- 99'/i 99%
•Is Jan. 1958-40 _ no'j 99%
3a May. 1956-48_ 99% 99%
-a- ■■
RUBBER FUTURES.
NEW YORK March 20 up,.—Crude rub
ber futures closed steady 16 to 26 lower.
March. 24 83n: May. 24 86n: July. 24.88
-0. Smoked ribbed spot. 24.63n.
n—Nominal.
STRENGTH SHOWN
BY WOOL MARKET
Buying of Piece Goods Gains.
Foreign Quotations Take
Firmer Course.
BT the Aoocltted Preu.
BOSTON, March 20.—The Com
mercial Bulletin today says:
“The wool market is a bit stronger
agalh this week. There is better buy
ing of piece goods reported from the
New York market, especially in men s
wear.
"Foreign markets are a bit firmer,
although the foreign manufacturer!
follow wool up very reluctantly,
“In the West scattered buying h
reported at a bit firmer prices. The
West Virginia pool was sold unshorn
at sealed-bid sale Thursday at 48 81
cents for the merchantable quarter
and three-eighths.
“Mohair Is strong. A half-million
pounds of Fall mohair has been con
tracted unshorn at 57V2 cents for adult
and 67% cents for kid."
Many Diesel motor busses are being
placed in operation In Argentina.
statement of the condition
OF
The Connecticut
Fire Insurance Company
Of Hartford, conn, on the 31et dar of
*•*_ required under
°0<Je of L,w ,or
the District of Columbia.
„ INCOME
Pr.e™lum* . *6,002.353.30
Tota! interest and rents 754,1(80.8.)
Other income 180.W82.fi4
Total Income "*5.044 317.07
DISBURSEMENTS.
Net amount paid pollcy
holdera for losses . *1,800.470.10
All other disbursements 3.448.461.70
Total disbursements *6.254 040 05
_ , ASSETS
Real estate 0
Mortgage loans on real
“‘f1* , , *700.080 07
Collateral loans _ 0
Bonds and stocks 18.826.808.00
Cash in company's office 0
Deposits in banks 2.344,456.24
Agents balances 8;)8,325.07
Interest and rents due
or accrued 124.078.57
All other assets _ 29.830.05
Gross asset, *22,874,114.90
Deduct assets not ad
mitted 79.920.85
Total admitted as
sets $22,794,194.05
„ 4 J LIABILITIES
Net unpaid claims $644,089.53
Total unearned pre
miums 4.981,952.93
Other liabilities 679,080.51
Capital paid up 2.000.000.00
Surplus over all liabili
ties 14,589.071.08
Total $22 794.194.65
NET PREMIUMS WRITTEN DURING
THE YEAR
District of
_ Total. Columbia
Tire $3,538,016.80 $10,543 17
Ocean marine 219,402.20
Motor vehicles 334.417 14 2.230.85
Earthauake 3.819 46
Inland navi
gation and
transporta
tion 503,852 19 1.001.11
Tornado, wind
storm and
cyclone 288.847.86 1.133.19
Hail 23.146.46 _
Sprinkler
leakage 15,875 19 _
Riot, civil com
motion and
explosion 62.968.98 69.31
All other—
Aircraft _ 12.006.93 —1.62
$5,002,353.30 $15,066.11
HENRY P. WHITMORE
Vice President.
A C HOLMGREN Comptroller.
Subscribed and sworn to before me
this 1st day of February. 1937. (Seal I
ANDREW E SCHUTTENHELM. Notary
Public.
STATEMENT OP THE CONDITION
OP
The Commercial Union
Fire Insurance Company
Of New York, on the Slat day of
December, 1936. aa required under
Section 647 of the Code of Lew for the
District of Columbia.
INCOME
Net premiums $882 780 76
Total Interest and rents 112 871 61
Other Income —8.152.45
Total Income *887.499 92
DISBURSEMENTS
Net amount paid policy
holders for losses $334,341 38
All other disbursements 646.276 75
Total disbursements .$080,018 13
ABSET8.
Real Estate 0
Mortgage loans on real
estate 0
Collateral loans 0
Bonds and stocks ,*2.898.061.08
Cash in company s office 0
Deposits in banks 240.029.11
Agents’ balances __ 177.034 99
Interest and rents due or
accrued 24.727.00
All other assets _ 7,290.68
Gross assets __ *3,347.138.86
Deduct assets not admitted 103,080.79
Total admitted assets $3,244,058.07
LIABILITIES.
Net unpaid claims $76,071 on
Total unearned premiums 910.628 5.',
Other liabilities 78.582.(m
'apltal paid up 1.000.000.On
.Surplus over all lia
bilities . _ 1.178,270.5’.’
Total *3.244.056.81
NIT PREMIUMS WRITTEN DURING
THE YEAR
Total District ot
__ Columbia
Eire $707,882 44 *1,226.74
Ocean marine 0 0
Motor vehicles., 88.238 41 710.14
Eaithqualce 1.153.52 .01
Inland naviga
tion and trans
portation 22 026 S3 84 21
Tornado, wind
storm. and cy
clone 58.487.08 52.4.'!
Hall (1 0
Sprinkler leakage 2.120.72 5»
Riot, civil com
motion and
explosion 1,624.33 ^.26
All o t h e r—
Flood 337.03 .04
*882.780.78 *2.073 80
F W KOECKERT. President.
A P GREER, Secretary
Subscribed and sworn to before me
this 26th day of February. 1931
Sea! THOMAS F HEALY Notary
Public Notary Public. Queens Co.. No
.1,. Reg. No. 1882. Cert, filed in N Y,
Co . No 684 Reg No 8-H-351 Com
mission expires March 30. 1838.
STATEMENT OF THE CONDITION
OF THE
American Eagle
Fire Insurance Company
Of 80 Maiden Lane. New York. N Y..
on the .31st day of December 1830. as
required under Section 047 of the Code
of Law for the District of Columbia.
INCOME
Net premiums *2,804.855.42
Total Interest and rents 700.712.20
Other Income 146.734.01
Total income *3.718.301.72
DISBURSEMENTS
Net amount paid policy
holders for losses *1,262 81036
All other disbursements 1 832.783 75
Total disbursements *3.085,504.11
ASSETS
Real estate 0
Mortgage loans on real
estate O
Collateral loans _ 0
Bonds and stocks *14,662,427.00
Cash in company's office 0
Deposits in banks 054 601 42
Agents' balances 687 360.07
Interest and rents due
or accrued 28,892 04
All other asseta_ 0
Gross assets _ *16.333.360.53
Deduct assets not ad
mitted . 26.740.06
Total admitted as
sets _$16,307,020.48
LIABILITIES.
Net unpaid claims $734,678.18
Total unearned pre
_ miums 3.062.561 92
Other liabilities 39o.o50.00
apital paid up l.UOO.UOO.OO
Surplus over all liabili
ties 11.120.330 38
Total $16 307,620 4*
NET PREMIUMS WRITTEN DURING
THE YEAR
District of
„ Total Columbia
Fire $2.201.oil.96 $13,479,02
Ocean marine 178.030 63 29.59
Motor vehicles 174,463.33 27U.70
Earthquake 3,910 41 0
Inland navi
gation and
transporta
tion 103.014.11 502 87
Tornado, wind
storm and
cyclone 100.359.14 286 44
Hail_ _ 12.554.19 0
Sprinkler
leakage 11 373 25 0
Riot, civil com
motion and
explosion 17,376.01 4*v8?
All other 2.101.89 4.70
$2,804,855.42 $14,002.05
F E MAXSON Vice President.
G F HAYDEN. Secretary
Su'oscribea and sworn to before me
this 10th day of February. 1937. Seal
.V A WEBER Notary Public. Queens
County Clerk s No 1731. Register s Nr
*831 Certificates filed in New York
County Clerk s No 273 Register's No
7-W-162 Commission expires March
30. 1937.
Confer with us on Washington, D. C., and nearby Maryland risks for—
Fire
Casualty
Automobile
Inland Marine
Compensation
Windstorm
Consult us about the Supplemental Contract for your dwelling, which is
a rider attached to a fire policy, and for a small additional premium you
are insured against loss by—
Windstorm
Hail
Explosion
Riot
Aircraft
Motor Vehicle Damage
738 15th St. N.W.
Real E$tate
AGENTS
IHoMsJlsKwHir
Renta
DI». 6830
Loans
STATEMENT OF THE CONDITION
OF THE
Globe & Republic Insurance
Company of America
Of Philadelphia Pa., on the .lilt day
of December. 1936. as required under
Section 647 of the Code of Law for
the District of Columbia
INCOME
Net premiums $1,930.862 11
Total interest and rents 245.241.57
Other income 1,217.079.80
Total income $3,393,183.28
—
DISBURSEMENTS
Net amount paid policy
holders for losses $943,898 34
AU ether disbursements 2.418.613.28
Total disbursements $3,362,211 62
ASSETS
Real estate $374.896 10
Mortgage loans on real
„ «tate 1.000.00
Collateral loans 0
Bonds and stocks 7.148.292 69
Cash In company's office 0
Deposits in banks 508.759.35
Agents’ balances 306,893.16
Interest and rents due or
accrued _ 14.174.39
All other asseta _ 88.630.14
Dross assets $8,442 645.83
Deduct assets not ad
mitted 145.574.96
Total admitted as
sets _$8,297,070.87
LIABILITIES
Net unpaid claims $233,532.47
Total unearned premi
ums 2.400.810.10
Other liabilities 175.307.62
Voluntary resery* for
contingencies 1.non,ooo.oo
Capital paid up 1.000.000.00
Surplus over all liabilities 3.487.420.68
Total _ $8,297,070.87
NET PREMIUMS WRITTEN DURING
THE YEAR
District Of
_ Total Columbia
Fire $1,698,559.85 83.847.46
Ocean marine 14.083.84
Motor vehicles 193.297.14 —2.07
Earthquake 2.114.47_
Inland naviga
11 o n and
transporta
„ tion *,780.23 128.21
Tornado, wind
storm and
cyclone 09.292.07 36.75
Hail 3.412.20_
Sprinkler leak
age 0.417.43_
Riot, civil com
motion and
explosion 4.241 46 _
All other 30.713.42 7.60
81.B30.862.il $4,016.26
W. J. REYNOLDS.
Vice President.
S E. ADAMS. Secretary.
Subscribed and sworn to before me
this 10th day of February. 1037.
iSeal.) WILLIAM 8 NAOEL.
Notary Public.
Notary Public, Nassau County No.
906. Certificate filed In N. Y. Co. No
02. Reg. No. 8-N-35 Commission
expires March 30. 1938.
STATEMENT OP THE CONDITION
t or THE
National Casualty Company
of Detroit, Mich.,
On the 31st darof December. 19.36. as
required under Section H47 of the Code
of Law for the District of Columbia.
INCOME
Net premiums . $2,721,941.32
Total interest and rents 113.943.70
Other Income 91.fl03.R4
Total Income $2,927,488.86
DISBURSEMENTS
Net amount paid policy
holders for losses $1.150.O5fl.3R
All other disbursement* 1.414.877.69
Total disbursements $2,504.933 97
ASSETS
Real estate . $42,554.23
Mortgate loans on rest
estate 60.732,62
Collateral loans . 0
Bonds and stocks 2.674.901.08
Cash In company's office 52 549.70
Deposits in banks 420.498.85
Premiums in course of
collection 800.212.79
Interest and rants due
or accrued 18.R50.fl3
All other assets 208.444 03
dross assets $4.088 543 91
Deduct assets not ad
mitted _ _ 371.8fl4.82
Total admitted assets $3.fi9fl.fi79 09
LIABILITIES
Total unpaid claims $000,102.77
Total unearned premiums 706.343.21
Other liabilities 881.143.11
Capital paid up $760,000,00
Surplua over all liabilities 760.000 00
Total _ $3.flP6.fl79.09
NET PREMIUMS WRITTEN DURING
THE TEAR.
District
Total. of Columbia.
Accident and
health $2,081,478.78 $49,288.89
Non callable
accident and
health O 0
Auto liability 238.484 38 4.808.11
L i a b 11 1 ty
other than
auto 78.828.12 1,888.28
W o r kmen’s
Compensa
tion 177.648.29 12.618,86
Fidelity 12.421.20 142.68
Surety 24.061.58 1.119.48
Plate glass 16.654.78 677.22
Burglary and
theft 29.592.21 054.19
Steam boiler 0 n
Machinery 0 0
Auto proper
ty damage 76.285.55 2.470.49
Auto collision 2.604.21 91.02
Property
damage
and colli
sion other
thar auto 4.012.24 14.48
Totals *2.721,941 32 $73,989 50
W. O. CURTIS. President.
f. A GRANT. Secretary,
ubscrlbed and sworn to before me
this 4th day of February, 1937.
(Seal l M. E PHILLIPS
Notary Public.
My commission expires May 18.
1937.
STATEMENT OF THE CONDITION
OF THE
Provident Fire Insurance Co.
of New Hampshire.
Executive Offices. Ill John St New
York, on the 31st day of December
1936. as required under Section 64? of
the Code of Law for the District oi
Columbia.
INCOME
Net premiums $340,900 >
Total Interest and rents 73.614 9"
Other Income ... 28.647.7"
Total income $443,189.42
DISBURSEMENTS
Net amount paid policy
holders for losses^- 131.199 64
All other disbursements 269.278.38
Total disbursements $340 477.42
AS8ET8
Resl estate 0
Mortgage loans on real
estate __ n
Collateral loans 0
Bonds and stocks $2,209,402.31
Cash In company's office 6
Deposits in banks 105.492.6*
Agents' balances 109.782.25
Interest and rents due or
accrued 14.112.39
All other assets . 1.360.84
Gross assets _ 2.440,150 47
Deduct assets not admited 39.308.81
Total admitted
assets $2,400,841.86
LIABILITIES.
Net unpaid claims $57 585.72
Total unearned premi
ums 319.074.75
Other liabilities 22.612.91
Capital paid up l.noo ooo.oo
Surplus over all liabilities 1.001.568 28
Total $2,400,841.66
NET PREMIUMS WRITTEN DURINO
THE YEAR
District of
Total. Columbia
Fire *319.383.66 il.9Pn.13
Ocean marine li 0
Motor vehicles n n
Earthquake 662 61 U
Inland naviga
tion and
tra nsporta
tlon 0 0
Tornado.
wind storm.
and cyclone 18 671.03 63 08
Hail 0 0
Sprinkler leak
age 717.81 .01
Riot civil com
motion. and
explosion __ 1,338.09 1.07
All other: Air
craft 243.89 20
*340.906.78 $3,052.30
E W ELWELL. Vice President.
JOHN KOENIG. Secretary
Subscribed and sworn to before me
this 10th day of February. 1937.
(Seal.) HARRY HALPIN.
Notary Public.
Notary Public. Kings County No. 391.
New York County Clerk's No 168.
New York Co. Register's No 7H89.
Commission expires March 30, 1937.
JULES C. RICKER, Inc.
General Agents
JULES C. RICKER, President EVAN A. SHOLL, Vice President
IMOGENE B. McGARRAGHY, Sec.-Treasurer
Investment Bldg. DIst. 5965
INSURANCE IN ALL ITS BRANCHES

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Evening star. [volume], March 20, 1937, Page A-13, Image 13
About Evening star. [volume] (Washington, D.C.) 1854-1972