Evening star. [volume] (Washington, D.C.) 1854-1972, April 13, 1937, Image 19

Search America's historic newspaper pages from 1756-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'Evening star. [volume] (Washington, D.C.) 1854-1972, April 13, 1937, Page A-19, Image 19',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83045462/1937-04-13/ed-1/seq-19.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83045462/1937-04-13/ed-1/seq-19.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83045462/1937-04-13/ed-1/seq-19/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83045462/1937-04-13/ed-1/seq-19/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

Evening star. [volume], April 13, 1937, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

Image: of 36.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (5.1 MB)

Evening star. [volume] (Washington, D.C.), 13 April 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-04-13/ed-1/seq-19/>

Newspaper Page Text

SPECIALTIES LEAD
. Small Group Forges Up 1 to
3 or More Points in
General Rise.
By the Associated Press,
NEW YORK, April 13.—A handful
of specialties ran ahead 1 to 3 or
more points in an advancing Curb
market today.
Gainers were Aluminum Co., Creole
Petroleum, Newmont Mining, Pep
perell, Sherwin-Williams, Thew Shov
* el, Wayne Pump and Raymond Con
crete Pile.
Fractionally higher were American
Gas & Electric, International Petro
leum, Sunshine Mining and United
Wall Paper.
Off fractions to a point or so were
, Lake Shore Mines, Venezuelan Petro
leum, Wright Hargreaves and Gulf
Oil.
I
Iron Ore Stocks
On Lake Erie Sag
To 10-Year Low
By the Associated Press.
CLEVELAND. Ohio. April 13.—Sup
plies of iron ore on Lake Erie docks are
at the lowest levels in more than 10
years, the Lake Superior Iron Ore
Association reported today. Stocks on
hand are 2,851,951 tons, compared with
a balance on the same date last year
of 4.668,581.
onipments irom docks to furnaces
during the past year totaled 25,711,230
tons, compared with 14.615.452 in the
. like period a year ago.
Toledo and Fairport stocks are a
little above a year ago but other ports
we sharply lower.
Conneaut has the largest supply at
1,180,974 tons, against 1.565,803 a year
ago. Others are: Cleveland, 280,396,
against 640,844; Toledo, 38,825, against
21,497, and Buffalo, 1.201, against
2,915.
CALIFORNIA STANDARD
PROFITS RISE IN 1936
By the Associated Press.
SAN FRANCISCO. April 13 — Stand
, wd Oil Co. of California, giant of the
California petroleum industry, reported
its 1936 net profit was $23,310,224.
This amounted to $1.78 a share on
the 13,102.900 issued shares of capital
stock, and compared with $18,594,320,
or $1.42 a share in 1935.
CURB BONDS
DOMESTIC BONDS.
ai. r, ,, High. Low. Noon.
A a Power 4%s 67- 83% 83% 83%
Ala Power 5s '46 A-104% 103% 104%
£ n„P?.wera °?- ,'68- 91% 91’- 91%
Alum Co 5s o2 _10510512 1051,0
5 A E 5s 2028_100J4 lOtP-4 loo3!
Am F & L 6s 2016_ 9534 95% 95%
Am Roll Mill 5s '48- 102s,8 102% 102%
Anpalch E P 5s ’56—106 106 106
Appalch Pw 5s '41-107% 107% 107%
rfr^1^55 - 95% 95% 95%
As El Ind 4%s o3_ 08 57% 57%
As G & E 4%s '49_ 53 52% 52%
a^4 50- 55% 55% 55%
As G&E, 5%s inv ct— 68 68 6.8
Bald L bs 3b ww stn . lots 194 196
* ffrm Lf?S a?8 x^oStp— 18234 186
Birm El 4VaS 68_. 867k 864« 803*
Binning Gas 5s '59 78 78 78
Can No Pw 5s '53 A— 103% 103% 103%
Caro Pw & Lt 6s '56— 99 99 90
Cen 111 P S 4%s '67 F 97% 97% 97%
Cent 111 P S 6s '68 G_100% 100% liio'a
cent I P S 4 %s '81 H— 90 nfi 96
Gent Pw & Lt os ’56__ 91V* 90% 91
Cent St El 5%s ’54— 60 60 60
Gen St P&L o'as '53— 66% 66 66%
Cities Svc 5s ’50_ 72 717. ""
Cities S Gas 5%s '42_100% 100' 100%
Comw Ed 4s '81 P_104 103% 103%
Coraw Ed 3%s ’65 H— 102 102 102
c£SJ!t„St. 2 !’ ’4s,-A - 103 103 103
Comnty P & L 5s o/__ , 81* 78*4 7,s’«
£°|}f n jBair 41a,s. US* 2 11W*2 118»“
C°nt G St E os 08 A_ 87*/2 8712 871 \
Crucible Stl 5s ’40_103 103 loV
nStr<r?tCo? r5 10rt‘4 lo«U
P1^ 2s J?s , 0(1 B 103 103 103
et Int Bg ,s o2 cd 3 3 3
ast G A F 4s ’56 A__ 86‘/4 8534 86!k
g1 Pw & Lt os 2030.. 85 845« 85
» Emp Dis El 5s '52_ 97s* 071, 075.,
O * R 89 U 8.034
rca Wat oVas o4 84 «4. qa
Florida P & L 5s ’54__ 92 915« 9°
^ « 7 AW <*c , 'a 'is
Gatineau Pw ns ’56__ IOOV2 10<>»2 lOOVi
Gatineau Pw 6s '41__loi nil in
r^n ^ 6j2s ’50 A 8914 89 *4 89* 4
Gen W W&E 5s ’48 A _ flpa pp™ <i]i!
Georgia Pw 5s ’07 _ 9634 P634 9A32
Georgia P&L os ’78 7*7P 7 V ~.V
Glen Alden Cl 4s 05 _ 8OV4 8(H4 RniJ
Hall iw P. 6s '47 stp _ 98*4 98' ogij
Hygrade Fd 6s ’49 b . '9 79
in SWo^ L 68 ’58 A 1083i 10;{34 loipi
T 1 ^xLT0iaS -s?B • 101 52 101 ‘2 1<M *2
111 Pw & L 5s 06 C _ 96 96 96
Indian E C 5s '51 C ill ill 91
Indiana Ser 5s '50 71 71 7f
Indiana Ser 5s '63 A 69% 69% 39%
Indnap P&L 5s '57 A 106% 106% 106%
Interc Pjit^os '48 A 8% 8% 8%
tSJLA6 Dtie-^5.s.f17 101% 101 % 101%
Interst Pw 5s 57 _ 61% m M,i"
Interst Pw fis l’52 47% 47% 471' !
Interst P S4%s '58 p. 70% 7.0% 70a.?
Iowa Pub Sv 5s ’57 . K)2*i 10214 10°>2
Jer C P&L 4j2« '61 C . 102 *.2 102*2 3 d2,5
Ken U 8%s M8 D . _ 104 104 104
Lex Util ns 52 _ _ 103% 103% 103%
T^Pw Tr? -S >t2 - J05% 1053a 105%
k* pw & Lt ns 57 104% 104 lot%
Mem PAL 5s '48 A _ 102 103 102
Midlan V RR 5s ’48 91 91 pi
M!nn #,aS 06*2 P6>a P6V2
Miss Pw&L 5s ’o7 86 88 88
Muns SS OVas’S? cod ww 8Vi s*4 8>4
Nat P & L 6s 2026 A 96 947* 9478
JJebr Pw 412s ’81 a 109 109 109
Nevad Cal El 5s ’56 _ P034 po34 po34
New E G&E 5s ’-4 7 7878 7234 7*>3,4
New E G&E 5s 50 _ 783a 725 a 78
New E Pw 5s '48 95% 95 95%
New E Pw 5%s '54 98 98 98
N Y P A Lt 4%s '67 _ 105% 105% 105%
N Y 8 E A G 4%s 'SO _ 10034 100% 100%
No Con U 5%s '48 A . 57% 57% 57%
No Ind PS 5s 'Oil D 102 102 10"
No Ind PS 4%s '70 E _ 97 97 <17
Norw El 6s '45 stpri _ 10.3 10.3 1113
Northw P S 5s '57 A _ 95 95 sir,
Ohio Pub S fis '53 C _ lliilt. 109% 109%
Ohio Pub S 5s '54 D __ 105 105 105
Pac GAP fis '41 B _ 115% 115% 115%
Penn CLAP 4%s '77_ 96% 96% 9«%
Penn El 4s 'll P _ 92% 92% !l"%
Penn O E fis '50 A_ 102 102 102
Penn P Svc 5s '54 D _ 105% 105% 105%
Peop GLAC 4s '81 B 91 90% ill
Phila El P 5%s '72_110% 110% 110%
Pitts Steel fis '48 _103% 10.3% 103%
Potomac E 4%s 'fil P __ 105 105 105
Potomac E 5s '66 E_106% 106% 106%
Pw Ser Corp fis '49 __ 100% 100% 100%
Pub S N I 4 %s '78 D__ 103 103 103
Pub S N I 4 %s '81 P Ini*/. 1 m i'. 1 n 11.
pug S P ft L 5vaS 49 A 87', 87V, 87V,
Pug 8 P & L 4%s ’50 D 80% 80% 80%
« Quee G A E 5%s '52 A 103% 103% 103%
Safe H Wr 4%s '70. 107% 107% 107%
Bcripps 5%s '43 102V, 102% 102V,
Shw WAP 4%s '87 A 102% 102% 102s,
8 E P A L 6s 2025 A._ 99% 09% 99%
Sou Cal Ed 3%s '45 __ 103% 103% 103%
Sou Cal Ed 3%s 00 100% 100 100
" SOU Cal 3Vis '80 B 100% 100% 100%
Sou Cal E 4s '00 _105V, 105% 105'.*
Sou Caro 6s '67 _ 01% 91% 91%
Souw L A P 5s '57 A _ 101% 101% 101%
Souw Pb 8vc 6s '45 A 104 104 104
Std G A E cv Hs '36 cod 84 84 84
Std G A E cv 6s '25 mat 84 84 84
Std G A E 6s '61 A -- 84 83 84
Stand Pw A Lt 6s '57__ 84% 83% 84%
Tenn Pub 8 5s '70- 73% 73% 73%
Texas Elec 5s '60_101 % 101% ini %
Tex Pow ft L 5s '56 ___ 104% 104'/* 104'*
?ide Wat P 5s '79 A .. 98% 97% 97"*
oledo Ed's 5s '62 . 108% 108% 198%
Twin CRT 5%s '52 A 83% 82% 82%
On E L A P M 5s '67 B 107 107 107
Unit Lt ft Pw 5%s '59 . 105'/* 105% 105%
Unit Lt ft Pw 6s '75 __ 80 80 80
Unit LARD 5Vis '52 _ 86% 86% 86%
Unit L A R M 6s '52 A 112 112 112
Unit L ft R M 6s '73 A 79% 79% 79%
Utah P 4 L 6s 2022 A_ 95 95 95
Utica G A E 5s '56 D- 105% 105% 105%
Utica G A E 5s '52 E _ 106% 166% 106%
Va Pub S 5'2S '46 A — 94 94 94
Va Pub S 5Vis '46 A.. 100 100 100
Wash Gas Lt 5s '58_ 106 106 106
West Pa 5s 2030 ___ 97% 97 97%
West T Ut 5s '57 A 94% 93% 94%
We U G ft E 5Vis '55 A 104% 104% 104%
Wis P A L 4s '56 A... 95% 95 95%
York Rwy Co 5s '37.87% 87 87%
FOREIGN
Bogot M B 7s '47 a-o. 22 22 22
Sol Agr M B 7s '46_ 22% 22% 22%
om Prv B 5%s '37_ 52 52 52
Cuban Te 7%s '41 A __ 100 100 loo
Denm Mt B 5s '72 lx _ 96V* 95% 95%
8er Con Mun 7s '47 __ 19% 19% 19%
uant A W 6s '58 A.. 55 55 55
Hanover City 7s '39_ 20 19% 20
Medelin Col 7s '51 ___ 15% 15'* 15V*
Parana Bras 7s '58_ 28% 28% 28%
Rio de Jan 6%s '50 .. 28V* 28V* 28%
Ruhr G C 6%s '53 A._ 22% 22% 22%
ww—With warrants, xw—Without war
rants. n—New. st (stp)—Stamped.
(Negotiability Impaired by maturity.
♦ Companies reported in receivership.
Associated Gas & Electric Co.—
Electric output of system in March,
1937, showed an increase of 18.3 per
cent over like 1936 month; in 12
months gain was 13.6 per cent.
L
NEW YORK CURB MARKET
By private wire direct to the Star.
2:30
Stock and Sales—
Dividend Rate. Add 00. Hteh. Low. Close.
Acme W vto <*).. 76a 60 49 60
Aero Supply <B)_. 6 5 6 6
Agfa Ansco _ 1 £2V4 22J* 22V*
Air Invest cv pf 12 80 29 29V*
Alabam Pw pf (7) £0t 74!* 74V* 74!*
Alles Fisher .18 S3
Alum’n Co of Am 350t 162 168 160
Alum Am pf all% 100a 119 118V* 118V*
Aluminum Ltd .. 360e 125 122 122
Am Airlines lno_. 7 27 25V* 27
Am Box B’od (1)„ 57 24!* 24 24
Am Capital (A)_ 1 8!* 8!* 8!*
Am Capital (B).. 2 1 1 1
Am Clt P&L (A) 8 60a 85H 861* 85V*
Am Cynam B t60c £7 81!* 80!* 80!*
Am G&E (1.40)... 24 87 86s* 86!*
Am G&E pf (6)... 160« 110 109>* 110
Am Gen C’p (a60c) 1 10!* 10** 10!*
Am Gen C pf (2) 100a 33!* 83!* 33!*
Am Laun’y M 80c. 3 31V* 81 81
Am L&T (11.20). 5 20V* 20V* 20V*
Am Mfg Co <a3)._ 25« 42 42 42
Am Maracaibo ... 8 2 lj* IV*
Am Superpower 64 2 1J* 1J*
Am Superpw 1st 6 2 94 94 94
Am Superpwr pf.. 1 41 40!* 40!*
Anchor Post F ... 8 4V* 4!* 4!*
Angostura (t20c). 12 7J* 7V* 7J*
Apex Electrlc(al) l 85 85 35
Appalach E P pf 7 80* 107 107 107
Arcturus Radio T. 1 IV* IV* IV*
Ark Nat Gas _ 6 9V* 9)* 9)*
Ark Nat G cu pf_ 1 8J* 8V* 8V*
Ark Nat Gas (A)„ 45 10 9)* 91*
Art Met W (80c)2 13V* 13)* 18V*
Ashland O&R t40o 8 7V* 7V* 7J*
Asso Gas & Elec.. 12 2 2
Asso G & E (A)._. 1 3!* 31* 8!*
Asso G & E SB pf.. 2 26V* 26 26V*
Asso Laundries _. Is*!*!*
Atl Coast Fis b35c 4 101* 9Jx 91*
Atl Coast L a2 V* 110a 60 491* 49V*
Atlas Corp war . 4 3 21* 3
Atlas Plyw’dtlH) 2 25',* 24V* 25
Austin Silver .. 84 31* 21* 21*
Auto Products ... ]0 7** 7!* 7!*
Auto Vot Mch 70c 1 10!* 10!* 10!*
Avery (B F) & Son 8 11 101* 11
Babcox* Wil (4 i 32.7 a 130V* 127!* 128
Raldw L bd rts(d) 10 3 3 3
Bardstown Dist... 7 4)* 31* 4V*
Barlow&St A > 1.20 200a 17 16«* 16!*
Barium Stain Stl_. 4 6 61* 51*
Bell Aircraft_ 9 14!* 13!* 14!*
Bellanca Aircraft. 4 71* 7** 7V*
Berkey&Gay F Co 9 S 21* 2’„
Berk&GF pur war 1 11* 1«* l>*
Bliss Co (EW) 1 201* 201* 20V*
Blue Ridge (bl5c) 9 31* 31* 8 V*
Blue Ridge cv pf 3 1 451* 451* 45V*
Blumenthal S ... 2 33 32V* 33
Botany Cons td).. 3 V* V* V*
Bower Roll B (2). 2 29** 29!* 29!*
Bowman-Blltmore 12 2 2
Brazil T1.AP 40c 2 26!* 25!* 25!*
Breeze C Inc a75c. 1 11V* 11 11V*
Brld’p’t Mch b25c S3 20V* 18V* 20
Brill Corp pf . 200* 63V* 63V* 63V*
Brlllo Mfg (80c).. 2 11V* 1IV* 1IV*
Brown Co pf 400a 77V* 75 751*
Brown F&W bl5c 1 12!* 121* 12!*
Brown F&W lA) 2 1 28 28 28
Brown Forman 2 8V* 81* 8V*
Bunker H & S(bl) 60a 1241* 124 124
. Burry Biscuit_ 2 6!* 51* 6V*
Calamba Sue tl.60 1 £0 30 30
Can Indus Alco A. 8 6** 6V* 6!*
Can Ind Alco (B)_. 2 6V* 6 6
Can Marconi _ 2 2V* 2V* 2V*
Carlb Syndicate 11 2 2 2
Carm’n&Co A b50c 1 25 25 25
Carnation Co (1).. 1 31V* 31V* 31V*
Carnegie Metals_ 9 2** 2V* 2!*
Carrier Corn _ 17 45V* 44V* 45V*
Carter (JW) 80c.. 1 10!* 10!* 10!*
Catlln Coro (840o) 9 8V* 8 8V*
Cent Ohio S b25c 3 16!* 15 15
Cent P & Lt 7% pf
(b3.06 V* )_100a 88V* 87V* 88V*
Cent&SWUtll. 4 3 V* 3!* 3>*
Cent States Elec 19 1!* 1»* l!*
Cent St El cv pf n 125s 18V* 16 I8V*
Centrlf Pipe t40o. 6 6V* 6 6V*
Charls Corpll V*). 1 14 14 14
Chesebrough <t4J 60a 119 Us no
Chi Flex Shaft (4) 160a 66V* 65 65
Childs Co pf _50a 87V* 87 87V*
Cities Service_ 86 4 3V* 3V*
Cities Service pf . 4 49V* 48 49!*
Cities Svc pf(BB). 50a 45 45 45
Cltv Auto SltBOe) 2 12 11J* 11J*
Clark Con (b50c)_. 1 38 38 38
Claude Neon Lts 24 3 274 a
Clev E II lum(t2). 1 41 41 41
Clev Tractor_ 80 154 144 144
Colon Dev Ltd ... 7 64 694 694
Colon Dev Ltd A.. 10 44 44 44
Colon Dev 6% pf_. 4 44 44 44
Colo Fuel&Ir war. 12 199g 184 194
Celts PFA b374c. 8 714 714 714
Colum O & G a20c. 57 84 84 84
Comwlth Edls T4. 1 1124 11$* 11294
Com'with & S war 37 4 4 4
Com’u’ty P&L 1st 150s 47 469* 47
Community PS tl. 60s 284 284 289-g
Community WS.. 1 19-* 14 14
Cons Aircraft 15 274 269* 274
Consol Biscuit 6O0 2 74 74 74
Consol Copper 58 94 94 99*
C GELt&P Bo 3.60 6 754 74** 74*4
Consol Gas Util 4 3 24 3
Cons Mtn&Sm t2 60s 84 84 84
Consol Retail Strs 2 8»* 8’* 84
ConsRS8% pf biUO. 129 129 129
Consol Steel Corp 11 149s 144 144
Cont’l G&E pr pf 7 05s 96 96 96
Confl Roll & S Fv 2 214 219* 219*
Cook P & Var f60c 1 19 19 19
Copper Range- 1 139* 139* 134
Cord Corp - 80 4'* 44 44
Corroon & Reyn2 69* 6s* 6s*;
Coeden Oil Me <d) 13 24 2>* 24
Cosdeni Melpf (d) 2 33 32 32
Creole Pe”. <a50c)_ 67 834 31** 33
Crocker-Wh alOc. 2 16 is 16 j
Croft Brewing_ 15 4 9$ ag
Crown Cent P a6o. IS 24 2 2
Crown Dr (b20c)_ 3 4 34 34
Cusl Me* Mining- 46 4 4 4
Darby Petr (50c). 6 17 164 17
Dayton Rubber_ 2 274 274 274
Dennison 1% pf... 80s 76 73 76
Derby Oil & Ref64 74 74 74
Derby O&R pf a4.. 25s 78 78 78
Detroit Gasket tl. 4 174 17 1794
Det Gray lr t20c.. 3 I64 16 16
Det Pap Prod t25e 8 8 8 8
Det Stl Prod b25c. 2 65 66 65
DomlnS&C(B> 4 234 224 224
Dow Chem (2.40). 3 142 140 142
Driver Harris 14. 1 33 4 334 334
Duro Test (blOc). 2 74 74 74
Bagle Pitcher blOc 13 224 224 224
East’n G&F Asso 2 8 74 8
Estn G&F As pf 3.160s 49 48** 489*
East G&F p or 4 4 26s 66 4 664 66 4
Easy W M(B)b25o 2 11 Xl 11
East'n States Pwr 6 64 64 64
East’n St Pw (B)_ 1 72 72 72
Eisler Elec (aSc). 2 3 3 3
Elec Bond & Share 104 214 20 4 214
Elec B & S pf (6) 15 79,4 78 4 784
El Pwr As(A)a25o 2 74 74 74
Elec P&L opt war. 2 94 94 94
Eleo P&L 2d pf A. 60s 664 624 664
Elec Shareholding 2 5 494 R
Emsco Derrick tl. 2 174 174 174
Equity Corp(a25e) 14 24 24 24
Evans Wall Lead. 7 2 2 2
Excello Air(b20c). 11 254 244 244
Falstaff Brewing. 8 94 94 94
Fanny Farm C(l). 1 224 224 224
FED Corporation 4 4 4 4
Ferro Enam b25c.. 2 384 874 384
Fidello Brewery l 4 4 4
Fire As(Fhila.)t2. 60b 74 734 734
Fisk Rubber- 8 164 164 164
Fla P * L of-150b 464 464 454
Ford Ltd al81-10o 9 74 74 74
Ford (Cant A (1). 15 244 244 244
Ford (France)_ 1 34 34 34
Franklin Ray a60c 2 124 114
Froedt G&M(20c). 1 134 134 134
Gen Alloys 2 44 44 44
Gen Fireprfg b25c 15 21 204 21
Gen invest Corp.. 8 14 14 14
Gen Tire & Rub... 5 344 844 344
Georgia Pw pf (6) 150b 81 80 80
Glen Alden C (tl) 9 124 124 124
Goldfield Consol 8444
Gorham Mf vtc tl 4 26 25 25
Godchaux Sug(B) 1 81 SI 81
Grand Natl Films. 6 24 24 24
Gr Rap Var(t60c) 2 164 164 164
Grt A&P Tnvte. 70b 107 106 106
Greenfield T & D 4 144 134 144
Gulf Oil (Pa) b25o 15 594 684 584
Hall Lamp (80c)_. 4 6 6 6
Hartman Tobacco. 11 34 34 84
Hat Corp (B) 80c. 1 13 18 13
Hearn Dep S bl.65 3 164 16 164
Heels Min (b20c>. 8 184 184 184
Hevden Ch <t2) . 2 42 42 42
Hoe & Co, Inc (A). 10 35 34 4 34 4
Hollinger (t65c) 4 134 13 13
Horn & Hardart t2 25a 39 89 39
Hudson BM&S 11) 10 33 324 33
Humble Oil (14). 0 83 824 83
Huyler’s (Del) (d). 1 14 14 14
Hygrade Food 1 44 44 44
Hygrade Sylv (J). 160s 61 61 61
111 Pwr & Lt $6 pf 460b 674 67 674
Imp Oil Ltd »60c 8 23 224 224
Imp To Can b32 4c 6 144 14 144
Indiana Svc 6%pf 10a 24 24 24
Ind Service 7 % pf 10i 24 24 24
Indus Fin vtc_ 4 14 14 14
2:30
Stock and Sales—
Dividend Rate. Add 00. High. Low. Close.
Indue Fin 7 % pf 100a 18 17)4 18
ln» Co of No A t2 260a 67)4 664 67)4
Inti HvElSrv pf 2 344 S3 844
Inti Petrolm tl4_ S64 86)4 364
Inti Products_ 2 74 7 74
Inti Utli (B) ..18 2 14 14
Interst H M t2%_. *' 1 874 874 374
Interst P(Del>pf 40a 14 184 14
Inv Royalty (t6c) 1 % % %
Irving Air Ch (1). 1 144 144 144
Ital Superpwr(A). 1 14 14 14
Jacobs (FL)Co(l) 85 164 154 164
Jeanette Glss a60o 4 104 94 104
Jonas & Nbg bl6e. I 64 64 64
JonesALaugh Stl- 6 115 1114 115
KansG&Epf (7). 10a 114 114 114
KlngsCo Lt pf B 7 60a 82 82 82
Kingston Prod 40o 19 64 64 64
Kirby Petrol (20c) 4 7 64 7
Knott Corp (b20c) 8 13 124 IS
Kreuger Brew tl. 2 17 164 164
Lake Sh M (T4)_ 13 53 52 62
Lakey Fy A Mach. 2 64 64 64
Lane Brvant p' 7_. 30a 100 100 100
Leb Coal &N 30c.. 27 9 4 8 4 94
Leonard Oil _ 12 14 14 14
Lion Oil Ref (1)._ 10 244 284 284
Locke Stl Ch t*0c. 7 174 174 174
Lockheed Aircraft 2 14 134 134
Lone Star Gas 80c 2 104 104 104
Long 1 L pf A(7) 10a 87 87 87
Long Isl Lt pf B 6 26a 744 744 744
La Land (40c)_ SI 13 124 I24
McCord Rad (B).. 1 94 94 94
McWilliams D(t» 1 83 33 83
Maiestlc RaATel. 2 44 44 44
MapesCons(2)__ 1 24 24 24
Marlon Steam Sta_. 8 174 164 174
Massey HarrlB_ 8 144 14 14
Master Elec (1)_ 1 244 244 244
Mem Nat G(a60c). 1 6)4 64 54
Merritt Chan A S 4 8 74 8
Merritt C & S pf A 26a 644 64 4 644
Mesabl Iron _ 23 14 1 1
Mich Bumper C_ 24 24 24 24
Mich Gas A Oil _ 16 104 84 10
Mich Stl T P b26o. 8 144 144 144
Mich Sugar _ 2 14 14 14
Mich Sugar pf_ 17 7 7
Mid Sta Pet (A)_ 6 6 64 6
Mid Sta Pet (B) _ 1 14 14 14
Mld-W Abras alOo 8 44 4 4
Midwest Oil (tl).. 2 12 114 12
Mining Co (Can!.. 10 34 3*4 34
Minn MAM b40c._ 60a 36 36 36
Molybdenum Corp 13 104 104 104
Montr HLtAP 1 hi 60a 30*1 304 304
Moody's nt nf (3). 25a 364 364 364
Moore C Ltd b40c. 60a 424 42** 424
Moore Dtst (t50c) 6 64 6 64
Mount Prod (60c). 4 64 6*4 64
Nat Bella Hess __ 9 24 24 24
Nat Contain a50c_ 3 124 124 124
Nat Fuel Gas (1).. 10 16*4 154 154
Nat Gyps A a24.. 2 764 75 754
Nat Leather ..4 14 1 14
Nat P A Lt pf (6). 100a 804 804 804
Nat Refining_ 1 10 10 10
Nat Rub Mcb a20o 23 184 174 184
Nat Service _ 14 4 4
Nat Service pf_ 16 6 6
Nat Union Radio.. S3 34 24 3
Nehl Corp ... ... 2 614 614 614
Nelson(H) (a45e). 1 144 144 144
New Brad OalOc 1 6*4 64 54
N E P As 6%pf b2. 60a 80 4 794 804
New Jer Zinc (t2) 850a 864 834 864
New M&A Ldalc 4 34 84 34
Newmont Min b75i 3 120 118 120
N Y Pw&LtDf (7) 20a 1074 1074 1074
N Y Tel pf (64).. 25a 118 118 118
N Y Water Svc pf. 70a 484 47 47
Nlag.Hud Pwr new 24 134 134 134
Nlae H P(A ) war. 14 4 4
Ni Sh Md pf A(6). 26a 964 964 964
Niag Sh Md B a60e 1 144 144 144
Niles Bm Pnd b50c 1 44 4 44 4 444
Nipissing (50c) . 1 24 24 24
Noma Elec (b40c). 17 7 7
North Am LAP 3 44 4 4
No Am Ray A boOo 3 494 49 494
No Am Ray B b50c 5 49 48 49
North C T O (30c). 1 54 64 54
North n Europ ull 6444
No IPS 6ft, pf b75c 10a 824 824 824
Northern P L 75c. 2 104 104 104
North States PA 6 264 26 4 264
Northw est En b50c 7 324 32 4 324
Novadel Agene(2) 1 314 314 314
Ohio Edis pf (6) 26a 102 102 102
Ohio Pwr pf (6) 30a 1094 1094 1094
Okla Nat Gas Co_ 3 114 114 114
Oldetyme Distil... 12 6 44 44
Pac G&E 1st (15*) 1 29?* 29?* 29?*
Pacific Ltg pf (6 ) . 60s 104?* 104 104
Pac P & L pf bl%_ 20s 78 78 78
Pac Tin spec t T2) 100s 46 46 46
Pan-Am Air (tl)_. 2 66?* 66?* 66?*
Pantepec Oil ._ 23 6?* 6*4 6**
Pender G (A)3 %100s 89*4 39*4 39*4
Pennroad ia26c) 28 4J* 45* 4»*
PaPw&Lt6%pf 20s 100 98 98
Penna P&L pf (7). 40s 104 103*4 104
Pepperell Mfg t6. 40s 134?* 128?* 134?*
Perfect Circle t2_. 60s 34 34 34
Phillips Pkg a50c. 1 125* 125* 125*
Phoenix Secur . 3 105* 10?* 105*
Pierce Gov (bl5c). 1 30 30 30
Pioneer Gold blOc. 1 6** 6',* 6?*
Pitney Bow(T40c) 4 8!* 8?* 8?*
Plttsbgh Forging, 6 24?* 24'4 24?*
Pitts Plate G (bl) 6 135 135 135
Plough Inc < 1,20). 1 1654 165* 1654
Potrero Sugar .2 3?* 3?* 3?*
Powdrell&Al t60c 15 12?* 11?* u?*
Pratt & Lamb (a2 1 35 35 35
Premier Gold 1120 6 3 2?* 2?*
Pressed Met <12)_ 1 325* 32'* 321*
Producers Corp _. 11 ?* 5* >4
Propper-AlcC Id). 2 ?* ?* ?*
Prosperity B al *4 2 1454 145* 145*
Pub Svc ind pf 30s 345* 32 33?*
Pub Svc Ind pr pf. 30s 69 69 69
Pub CJt Sec pr pf . 60s 2?4 2?4 2?4
Pug Sd P&Lepf b5. 75s 73?* 73,'4 73?*
Pug Sd P&L. (6 pf. 50s 89!4 37*4 39?*
Pyrene Mfg a90c_. 2 11?* 1L 11
Quaker Oats (5)-. 60s 114 114 114
Ry & Lt Sec al.55. 60s 22 21?* 22
Kainoow Lum (A) 1 1?* 1?* 1?*
Rainbow Lum <B) 2 4 4 •*
Raym'd Cono < 11) 250s 40 35?* 40
Raytheon Mfg vtc 1 6»* 55g 5‘*
Red Bank _ 1 15?* 15?* 15?*
Reed R B new t!0i 1 41 41 41
Reiter-Foster 9 1?* 1?* 1?*
Rel El&En Ca25c. 1 2554 2654 2554
Reybarn Co a25c.. 1 5?* 6?* 5)*
Reynolds invest_ 2 2 2 2
Rice Stlx DG b50c. 2 11*4 IP* 11)4
Rlchm'd Radiator. 2 6?* 6?4 6?4
Roosevelt Field_ 2 254 25* 25*
Root Petrolm(l)„ 8 85* 8 8
Rossla Inti Corp_ 2 ** ** 4
Royal Type b75c_. 2 94?* 94?* 94?*
Rustless ir&Stl 3 155* 15?* 15?*
R.verson & Haynes 8 15* 6 65*
St Anthony Gold.. 15 4 <4 4
St Regis Paper 135 115* 11 11?4
St Regis Paper pf 126s 1125* 11254 11254
Schlft(The)Co<t3) 1 39?* 39?* 39?*
Scovill Mfg (b50c) 10o» 61?* 61?* 51?*
Seeman Bros t2 Vs - 1 4754 4754 4754
Segal Lock & H . 2 3?* 3 3
Selberllng Rubber 4 854 8?* 854
Selected Indus 8 35* 35* 35*
Sel ind all cfs 6*4 .160. *02 101*4 102
Sel Ind pr pf <6*4 J900« 99 98*4 99
Sent Saf Control.. 1 *4 *4 *4
Seversky Aircraft 6 6*4 6*4 6*4
Shattuck Den Min 11 21*4 20*4 21*4
Sherwin Will (4).400. 138*4 136*4 138*4
Sherwin W pf (6). 20. 111*4 110*4 111*4
Simmons Hd & P. 3 6*4 6*4 5*4
Singer Mfg (t6J— 10. 305 801 801
Sonotone C (alOc) 4 1*4 1*4 U4
Soss Mfg <a26c).. 2 7*4 6*4 6*4
So Penn OIK 11*4) 2 43 42*4 43
SoCal Ed pt pf 1 *4 10. 39 89 39
So Cal Ed pfC 1*4 6 26*4 26*4 26*4
South'n Colo P A. 1 6*4 6*4 6*4
Southn Union Gas 4 4 4 4
Spantsh&Gen rcta 2 *4 *4 *4
Spencer ChSb75c. 7 11*4 11*4 11*4
Square D of A 2.20100a 41 41 41
Stahl Mver Inc_ 14 4 4
Stand Dredging 2 6*4 6 6*4
Stand OH Ky (tl). 2 20*4 20*4 20*4
Stand Oil Ohio tl_ 2 41 40*4 41
Stand Pwr 4 Lt_ 10 4*< 4*4 4*4
Stand P& L (B)__ 2 4*4 4*4 4*4
Stand Prod (b25c) 4 19*4 19*4 19*4
Stand SU&Dd < 4c) 21 54 *4 *4
Stand Tube (B)_ 2 7 7 7
Sterl Alum Pa 75c. 7 10*4 10*4 10*4
Starl’g Brew a76c_ 17 7 7
Sterling, lnc(20c) 4 6 5*4 6*4
Stroock & Co a2*4 1 27*4 27*4 27*4
Stuta Motor-- 2 *4 \ %
Sullivan Machine. 1 21*4 21*4 21*4
Sunray Oil (alOc) 6 4*4 4*4 4*4
Sunshine Min (8). 9 18*4 18*4 18*4
Superior Port C B. 25a 18 17*4 17*4
Swiss-Am Elec pf 200a 113*4 113 113
Taggart Corp_ 4 15 14*4 14*4
Tampa El (2.24)— 1 36*4 36*4 36*4
Tastyeast(Del)A. 3 1*4 1*4 1*4
Taylor Diet <300. 3 4*4 4*4 4*4
Technicolor aaOe. 9 21 20*4 20*4
Texon OH Sc L 60c 8 6*4 6*4 6*4
Thew Shovel a50e 326 a 65 64 64*4
TiloRoof Inc (1). 2 17*4 17*4 17*4
Tob Prod Exp 16c 1 3*4 3*4 8*4
Todd Shlpyd <t2).200a 69 67*4 69
Tonopah M <a6c). 2 1*4 1*4 1*4
Tr-Uux DPS t20c_ 8 4*4 A*4 4*4
Transwest OH Co. IT 18*4 13 1354
Trunx Pork S a50o 1 8*4 8*4 8*4
Tublze ChatlllloB- 20 28*4 27*4 27*4
A
7
BYM.A. HANNA CO.
Quarterly Profit Compares
With $430,373 for Same
1936 Period.
By the Associated Press.
NEW YORK, April 13.—M. A.
Hanna Co. and subsidiaries, reported
for quarter ended March 31 net profit
of $494,015, equal after preferred divi
dend requirements to 32 cents a com
mon share. This compared with $430,
373, or 26 cents a common share, in
March quarter last year.
Company’s principal activity is the
development and operation of iron ore
and coal mining properties, with head
quarters at Cleveland.
L. C. Smith & Corona.
L. C. Smith & Corona Typewriters,
Inc., reported for quarter ended De
cember 31, second period of its fiscal
year, consolidated net profit of $279,
141, equal after dividends on preferred
stock to $1.36 a share on 175,577 com
mon shares. This compared with
$209,755, or 99 cents a share on 168,
486 common shares, in the September
quarter. Figures for the same period
last year are not available.
Parker Rust-Proof.
Parker Rust-Proof Co., Detroit, re
ported for March quarter consolidated
net income of $329,850, equal after
preferred dividend requirements to 76
cents a share of common stock,
against $250,393, or 58 cents a share,
in March quarter last year.
Continental-Diamond.
Continental-Diamond Fiber Co. and
wholly owned subsidiaries reported for
year ended December 31 net profit of
$595,060, equal to $1.30 a share on
capital stock. This compared with
$167,677, or 37 cents a share, in 1935.
Company produces vulcanized fibers
and other products, having principal
plants at Marshallton, Del.; Valpa
raiso, Ind., and Bridgeport, Pa.
Chicago A Northwestern.
Chicago & Northwestern Railway
Co. reported for year ended December
31 net loss of $9,388,038, after taxes
and charges, against net loss of $11,
448,639 in 1935. The statement in
cluded the Chicago, St. Paul, Minne
apolis & Omaha Railway Co.
INSURANCE STOCKS
NEW YORK. April 13 i/Pi.—New York
Security Dealers’ Association
, . „ Bid. Asked.
Aetna Cas (2a)_ 102 loti
Aetna Ins il.tiO)_ _ 4tji, 48't
Aetna Life (.8oa)_ _ __ _ 2934 313*
Am Equit (1.filial __ _ _ ii3t 44'i
Am Ins Newark (Via)_ ijl 14
Am Reins _ __ 4"12 44'/
Am Reserve (la)_ mil, 32if
Am Surety (2'a)_ 543, Sip,.
Automobile (la) _ 3(P« 3°"4
Balt Amer (,20a)___ 7". jp.
Ctrolina it.30) _ 27 "S'
City of N Y 11.20) _ " 27 •~8U
Conn Gen Lif (.80)__.'UPl 38',4
Contin Cb (1.20)_ 28 30
Fid £ Den >4) _ 133 130'A
Firemen's Nwk (.30)__ 11‘. 13
Frank Fire (la) ___ 31 33
Gen Reinsur (2)_ 45 47
Glen Falls (1.00) _ 413, a-is.
Globe £ Rep (.80)_;_T 2(P, •>31,4
Globe & Rut _ 65 68'
Great Amer (la)_ 26>t •>734
Hanover (1.00) ___ 35 37
Hartford Fire (2)_ 70',« 7'M,
Home Fire Sec __ 5 (4 61
Home Ins (la)_ _ 363< 3837
Homestead <1) _ 18'i 20
Lincoln Fire __^ 4S8 ~5SA
Maryland Cas . _ 6'a 7
Mass B°nd <3’4>- _ _ 60 63
Natl Pire <2) _ H21* 641*
Natl Liberty <.20a>_ _ __ Qibj!
" nampsmre (1.00)_ _ 4 1'2 431.
N Y Fire (,80a)_ _ 21’j °4'i
Nor River (1)__ _ _ °5c, ‘>7'»
Phoenix (2a> _ SRi* an'
Prov wash (1)_ 351. af 1 f
St Paul Fire <fi) _ 20H 211
Springfield (4*2a) _ _ _ 119 1 •'*0
Sun Life (334g)_ _ 705 755
Travelers <16> _ 409 479
U S Fire (2) . r>OJ< 543,
Westchester (1.20a) . _ 34».4 3634
a—Also extra or extras.
S—Declared or paid so far this year,
GRAND RAPIDS BRASS
SETS MARCH RECORD
Special Dispatch to The Star.
NEW YORK. April 13.—Pointing to
maintenance of the consistent monthly
expansion of shipments and profits
witnessed since operating results
turned upward last Fall, Russell Geyer,
president of Grand Rapids Brass Co.,
Grand Rapids. Mich., reported total
shipments of $209,085 in March, 1937,
the best month in the company’s his
tory, as compared with $147,723 in
February. 1937. and $148,689 in March.
1936. Net profits for March were
estimated at $33,000, as against $21.
137 in the preceding month and $14,388
in March last year.
DAWES BOND HOLDERS
MAY EXCHANGE COUPONS
By the Associated Press.
NEW YORK, April 13.—The Ger
man consulate general announced to
day that holders of coupons of the
American issues of Dawes loan bonds
due April 15 may exchange them
against dollars at the rate of $25 per
$35 rate of coupon. Dawes marks may
be purchased at the customary rate of
exchange as heretofore, the announce
ment said.
2:30 >
Stock and Sales—
Dividend Rate Add 00. High. Low. Close.
Tubize Ch A (bl). 2 70 70 70
Tune-Sol Umtn 18 8 8
Tune-Sol L pf 80c 3 124 12 12
Ulen & Co 5% pf . 1 44 44 44
Un G of Can a35c. 3 154 144 144
Unit Air war _ 2 224 224 224
Unit Chemical — 3 94 94 94
United Corp war.. 3 14 14 14
UnltGaaCorp . 104 12 114 114
Utd Gas war- b 24 24 24
United G C pf bl% 6 1134 1134 1134
Unit Lt & Pw (A). 26 74 64 74
Unit Lt & Pw <B). • 1 74 74 74
Unit Lt A Pw pf . 2 544 624 624
Unit Prof Sh alOo. 1 14 14 14
Unit Shlpyds B 4 34 84 84
Unit Shoe U t24. 100e 874 864 874
US Foil (B)(1).. 2 164 16 15
U S Lines pf- 1 34 34 84
U S Radiator- 4 134 13 134
U S Rub Reclaim. 3 94 94 94
U S Stores ..26 4 4 4
U S Stores 1st pf.. IOi 9 9 9
Unit Stores etc_ 11 1 1
Unit Verde Ex (1) 3 4 34 4
Unit Wall Paper . 10 64 6 64
Univ Corp’n v.t.c.. 2 74 74 74
Uta P&L pf b87V4c 50e 674 674 674
Utilities P & L id) 8 4 4 4
Util P&Lpf (d)..150e 194 39 194
Utility Eaulties _ 2 64 54 54
Utility & Indus pf 3 44 44 44
Valspar vtc_ 2 74 74 74
Valspar pf vto .. 160e 584 66 66
Van Nor Ma b40c_. 4 304 30 304
Venezuela Mex O. 1 64 64 64
Venazuela Petrol- 3 24 24 24
Vogt Mfg (b20c)_. 1 14 14 14
Walker Mining .. 8 34 34 34
Wayne Knit Mills. 17 7 7
Wayne Pump (50o 6 434 424 424
Well't'n Oil of Del 12 134 124 134
Wntwth Mfg bl5c 7 74 74 74
Weisbaum B B 40c 19 9 9
W Vs Coal * Coke 4 64 5 64
Western Auto Sup 2 29 4 294 294
Westn Tab&St(2) 1 284 284 284
Wll-low Cafeteria 7 4 4 4
Wll-low Cafe pf .. 2 44 44 44
Wolverine Port C. 2 64 64 64
Wolver Tube b20o. 2 164 164 164
Wright Harg t40o 9 74 74 74
Yukon Gold ( al 3c) 6 34 34 34
Dividend rates In dollars based on last
quarterly or semi-annual payment. tAn
nual rate—not Including extras t Ac
cumulated dividends a Paid last year,
b Paid this year, d Companies reported ae
being in bankruptcy or in receivership, or
being reorganised under the bankruptcy
act. or securities assumed by euch com
panies.
Stage of Business as Reflected
in 4 Leading Barometers
IWOUSAND Freight Carloading*
A. (WEEKLY FIGURES) _
Ihluons of Electric Power Production
KILOWATT hours_(WEEKLY FIGURES)
., __{WEEKLY FIGURES) (
per cent of Ratio of Operations to Capacity of St*«l Mills I
CA/ACITY (WEEKLY FIGURES) 1
New Shipments Declared
Sign Metal Is Coming
Out of Hiding.
By the Associated Press.
NEW YORK, April 13 —Fresh ar
rivals of large amounts of gold from
England have been accepted in some
financial quarters as evidence of a
big "de-hoarding" movement, revers
ing the depression tendency to cling
to the yellow metal as a refuge against
currency depreciation.
A huge shift of gold from London to
New York has been on since the
French franc, the Holland guilder and
the Swiss franc last September finally
followed the British pound and the
American dollar on the devaluation
trail.
From the perspective of the last six
months, it appears this fall of the so
called "gold bloc.” which many
economists heralded as marking vir
tual completion of the depression
circles of currency depreciation, was
the signal for reappearance of hun
dreds of millions of dollars in gold
which had gone “under-ground" dur
ing the prolonged period of uncer
tainty over currency outlook.
As the world's leading free gold
market, London harbored a great, but
uncounted amount of metal outside
recorded bank reserves for account of
those who wished to guard capital
against possibility of devaluation.
borne estimates of the amount ran
up to $1,000,000,000 or more. The big
movement of metal to New York from
London in the meanwhile has given
substance to the estimates.
Since September, the main source
of gold imports has been London.
Running at the rate of about $75,000,
000 earlied in the year, there have
been indications of an acceleration
of the movement lately, partly as re
sult of disposal of large amounts of
Russian gold for sterling.
More than $50,000,000 was reported
to have left London for New York in
three days last week. The New York
Federal Reserve Bank reported arrival
of $19,204,200 from London over the
week end.
Aside from dehoarded metal, the
movement was regarded as an indi
cator of increasing world production
of newly mined metal. Much of the
new gold is sold in the London mar
ket, including the output of South
African mines, the largest producers.
Meanwhile the rise in basic com
modities accompanying the heavy flow
of metal from London to New York
seems to bear out predictions of some
authorities last year that dehoarding
of gold would be a potent force toward
raising world price levels.
-•
INVESTING COMPANIES
NEW YORK. April 13 ('/Pi.—New York
Security Dealers' Association:
(Noon Quotations !
. . Bid. Asked.
Admin Fd 2nd Inc __ 19.05 20.27
Am Business Shrs_ 1.25 1.37
Am Gen Eq Inc_ 1.13 1.26
Am Ins Stocks_ 5.25 6.00
Bancamer Blair _ 11.375 12.375
Bank Group Shrs _ 1.90 2.05
Bankers Nat Inv Corp _ 3.75 4.375
Basic Industry _ 5.21
Broad St Inv_ 35.91 28.41
Bullock Fund _ 22.625 24.375
Oan Inv Fund _ 4.65 5.05
Central Not Corp •‘A,,_ 47.00 50.00
Central Nat Corp "B"_ 7.00 10.00
Century Shrs Tr . 26.31 28.29
Consolid Funds Corp "A"_ 11.50 13.00
Continental Sh pi 19.5(1 20.50
Corporate Trust . _ 2.99 _
^uipuzaie .trust a a _ c.flo _
Corn Tr A A mod_ .'1.68 _
Corn Tr Accum Ser_ 2.85 __
Corp Tr Acc Mod_ .'1.68 _
Cumulative Tr Sh _ 6.46 _
Depos Bk Sh N Y "A"__ 2.60 _
Depos Ins Shrs "A"_ :i,47 _
Depos Ins Shrs "B”_ 3.27 _
Diversified Tr C __ 5.15
Dividend Shrs _ 2.04 2.19
Equity Corn S3 Pf_ 38.25 41.25
Fidelity Fund Inc_ 28.00 30.16
First Boston Corp_ 37.125 38.625
Fixed Trust Sh A_13.40 _
Fixed Trust Sh B _11.20
Found Tr Sh A _ 5.00 5.30
Fund Investors Inc_ 24.39 25.75
Fund Tr Shrs A_ 6.34 7.00
Fund Tr Shrs B _ 5.81
Gen Investors Tr _ 8.99 7.61
Group Sec Agriculture_ 1.91 2.07
Group Sec Automobile_ 1.46 1.59
Group Sec Building — 2.21 2.39
Group Sec Chemical_ 1.60 1.74
Group Sec Food 1.03 1.13
Group Sec Invest Shrs__ 1.76 1.91
Group Sec Merchandise-- 1.50 1.63
Group Sec Mining _ 1.77 1.92
Group Sec Petroleum _ 1.55 1.68
Group Sec R R Equip.. 1.61 1.75
Group Sec Steel _ 2.18 2.36
Group Sec Tobacco_ 1.08 1.18
Huron Holding _ .88 1.25
Incorp Investors -_25.90
Insurance Group Shrs_ 1.63 1.76
Investors Fd “C” Inc . 15.88 16.85
Keyston Cust Fund B-3-- 22.51 24.66
Major Shrs Corp_ 3.125
Maryland Fund_10.01 10.96
Mass Invest Tr_ 28.85 30.61
Mutual Invest _18.89 18.46
Nation Wide Sec _ 4.65 4.75
Nation Wide Voting_ 2.12 2.28
N Y Bk Tr Shrs - 4.125 --
North Am Bond Tr ctls. 58.625 62.875
Nor Am Tr Shares _ 2.75 -
Nor Am Tr Sh 1955_ 3.52 -
Nor Am Tr Sh 1958_ 3.45 -
Nor Am Tr Sh 1958_ 3.25 __ ._
Plymouth Fund Inc_ .94 1.05
Quarterly Income Sh_ 18.38 20.13
Selected Am Sh - 4.22 -----
Selected Am Sh Inc_15.53 16.79
Selected Cumul Sh_10.80 -
Selected Income Sh _ 5.62 - _
Spencer Trask Fund_ 21.68 22.35
Stand Am Tr Shrs_ 4.20 4.45
Stand Util Inc _ .03 1.00
Super of Am Tr A _ 4.19 -
Super of Am Tr A A_ 2.80 -
Super of Am Tr B _ 4.36 -
Super of Am Tr BB_ 2.80 -
Super of Am Tr C_ 8.11 -
Super of Am Tr D_ 8.11 ------
Supervised Shrs _14.83 16.13
Trustee Stand Inv C_ 3.12 -
Trustee Stand Inv D_ 3.08 - . _
Trusteed Am Bk "B"' .95 1 05
Trusteed Industry Shrs_- 1.53 1.69
Wellington Fund _ 20.20 22.14
PHILADELPHIA PRODUCE.
PHILADELPHIA. Pa.. April 13 UP).—
Live poultry, fowls. Plymouth Rocks,
fancy. 22a23; White Leghorns, fancy, 19;
cross-breds. fancy. 20a22.
Dressed poultry unchanged.
Germany ig Importing mors chem
icals than any otner country.
Washington Exchange
SALES.
Capital Traction 5s—$1,000 at 93.
Washington Gas Lt.—5 at 82'/2, 2 at
82>/2.
Washington Rwy. <fc Elec pfd.—3 at
IO8V2, 25 at 109.
National Savings & Trust Co.—10 at
165.
National Capital Bank—10 at 14a, 8
at 145, 5 at 145.
AFTER CALL.
City & Suburban 5s—$1,000 at 85,
$1,000 at 85.
Potomac Electric Power 5'/2% pfd.—2
at lUVa
Washington Gas 5s 1960—$500 at 117.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
Bid. Asked.
Amer. Tel. A- Tel. 4%s 105%
Anacostia & Pot. 6s _ 76 77%
Ana. & Pot. Guar. 5s_108 _
C A P. Tel. of Va 5s _ 103
Capital Traction R. R. 5s 92% 93%
City & Suburban 5s _ 85 hm
Georgetown Gas 1st 5s_113 121
Pot. Elec. Pow 3%s _ 99%
Wash. Gas 5s 1958_ 105% 100
Wash. Gas fts I960 . ..117 118
Wash. Rwy. & Elec. 4s 105 100
MISCELLANEOUS.
Col. Country Club. 5%s 105 _
W. M. Coid Storage 5s. 100 -
STOCKS.
PUBLIC UTILITY.
Amer. Tel. A- Tel. (9) . ... _. _
Capital Transit Co. - 14 14%
N. & W. Steamboat '0) . 110
Pot Elec. Pow. t)rr pfd. (6). 112
Po. El. Po. 5%'. pf. (5.50i- 112 115
Wash. Gas Lt. Co '3.00) . 80 83
Wash. Ry. & El. com. (30) 725 _
Wash. Ry. A El. pfd. <5> _ 108 -
BANK AND TRUST COMPANY
Amer. Sec Ac Tr. Co. <eS)__ 290 305
Bank of Bethesda (h.75)_ 34 _ -
Capital < 4 > 140 -
Com. & Savings (10)_210
Liberty < 4 > _150 160
Lincoln (f6.25) 200
Natl. Savings A: Trust 160 170
Pr Georges Bk. Ac Tr. (.50) 18 21
Riggs ieH> *325 350
Riggs, pfd (5) 10J >2
Washington (6) 130
Wash. Loan A; Trust (e8)__ 292 300
FIRE INSURANCE.
American (6)_100 _
Corcoran <5) 125 _
Firemen s (1.60) 29 -
National Union (.60)_ 16^ -
TITLE INSURANCE
Columbia <30> _ 15 16.34
Real Estate (6). _ _ 150 -
MISCELLANEOUS.
Carpel Corp. (2.00* _ _ *22 26
Lanston Monotype (+4) __ 95 1"5
Mergenthaler Lino. (2.00* 46*4 48
Peoples Dr S. com. ( + 1.00) 55 57Vi
Peoples Drug S. Dfd. (6.50* 112
Real Est. M.&G. pfd. (**.70> 5 5»a
Security Storage (5) 120 125
! Ter. Ref. A: Wh. Corp. *3* 6(>
Wdwd. & Loth. com. ( + 1.50) 60 68
Wdwd. A Loth. pfd. (7) 113 125
•Ex dividend.
+ Plus extras,
e—2extra,
f—lxh% extra,
h—76c extra
••25c paid June 30. 1936: 45c paid
Dec. 22. 1936.
MENGEL ORDERS SOAR
WELL ABOVE YEAR AGO
By the Associated Press.
NEW YORK, April 13.—Mengel Co.,
Louisville, Ky., manufacturers of cor
rugated containers and hardwood
lumber products, reported bookings for
the month of March, 1937, totaled
$1,214,182, an increase of 54.6 per cent
over the $785,365 bookings in the same
month last year.
SHORT-TERM SECURITIES.
(Reported by Chas. D. Barney A Co.i
Bid. Offer.
Amer Tel A Tel 5%s '43 _ 112% 113
Auburn Auto Co 4%s '39 _ 75 83%
Calif Packing Corp 5s '40 103% 103%
Carolina C'fleld A O 5s '38 104% 104%
Chesap & Ohio Ry 5s '39.. 107 107%
Edis Elec Ilium 4s '39 105% 108%
Gen Pub Service 5%s •39.. 101 102%
Gr Rapids A Ind 4%s '41__ 109%
Houston Oil 5%s '40 . 101 % 103
Intern Merc Marine Os '41. 87% 89
Intern Tel A Tel 4%s '39.. 81% 81%
Laclede Gas Light 5s '39 93% 94
Lehigh Valley Coal (is ’38 . 99%. 99%
Lehigh Val Term Ry 5s '41. 100% 107 %
Long Island Gen 4s '38 101% 103
Lou & Nash R R 4s ’40 . 105% 100%
Mich Cent R R 4s '40 _ 103% 103%
Midland R R of N J 5s '40 70 79
Milw A Nor R R 4%s ’39 90 99
N Y. C A St L 0% Notes '38 100 100%
New York Dock 5s '38 56% 58
N Y Susa A West 5s '40 4 1 48%
N Y Tel Co 4 %s '39 _106% 107
Pac R R of Mo 4s ’38 .. 101 101%
Penn-Dixie Cement fis '41 100 101
Penna R R Co 4s ’43 . 109
Rio Grande West 4s '39.. 72% 73%
Sou Bell Tel A Tel 5s '41 _ 106% 107
Ter R R As St L 4%s '39 105% 107%
Vanadium Corp 5s ’41 107 10f-s%
Vertientes Sugar Co 7s '42 27% 28%
Wabash Rwy Co 5s '39-100% 100%
Warner Bros 8s '39 . 95 05%
Western N Y A Pa 4s 43 _ 108% 110%
Western Union Tel 5s 38_. 101% 102%
■ -W
CHICAGO LIVE STOCK.
CHICAGO. April 13 (/P> (United States
Department of Agriculture).—Hogs. 23,
000. including 7.000 direct; generally 10a
15 lower than Monday's average; packing
sows. 15a25 lower: bulk, good and choice.
200-300 pounds. 9.80a95: practical .top.
10.00: one load. 10.05: comparable 150
190 pounds. 9.15a85: packing sows mostly
9.15a50: big weights down to 9.00 fre
quently.
Cattle. 8.000: calves, 2.500: steers grad
ing strictly good and better very scarce:
fully steady: no strictly prime offerings
here: best. 16.40. paid for 1,326-pound
averages: few loads. 13.76 upward, but
not much above 13.00. steer crop being
mainly shoit-feds selling slowly at 12.00
down to 8.50: common and medium
grades steady to weak, medium kinds
showing most slowness: shipper demand
narrow and local outlet none too good: fed
heifer and light-weight steer yearlings
fully steady: cows firm to shade higher:
bulls strong to 10 higher; selected vealexs
steady at 9.00a50: others weak to lower;
Ohio fed heifers, scaling 973 pounds.
11.75; weighty sausage bulls up to 6.85.
Sheep. 4.000: none direct: active on
slaughter classes, mostly steady: medium
to choice wooled lambs to local packers.
12.26a65: top. 12.75. on several load
choice 80-92 pounds woolskins; clipped
lambs. 10.50a75; load choice lambs with
coatskin. 11.26: wooled ewes. 6.50 down;
short offerings. 5.00 and below.
BOSTON WOOL MARKET.
BOSTON. April 13 I/p (V. 8. Department
of Agriculture I.—Small quantities of do
mestic wools ware moved at steady orlces
today compared with last week’s quota
tions.
Average to good French combing length
fine territory wools in original bags
brought SI.03-06. scoured basis.
Graded staple combing length half
blood territory wools sold in the range of
$1.07-12. scoured basis. Good 12-month
Texas wools on the early thorn clip were
around $1.05. icoured basis.
Fertilizer Association Finds
Average at 88.2, Against
88.7 Previously.
A reaction in commodity prices last
week resulted in a moderate down
turn in the weekly wholesale com
modity price index compiled by the
National Fertilizer Association.
This index in the week ended April
10 was 88 2 per cent of the 1926-1928
average, compared with 88 7 in the
preceding week, 87 8 a month ago and
76.9 a year ago.
Five of the 11 principal group in
dexes declined during the week, while
only two advanced. The third consecu
tive weekly decline was registered by
the index of food prices, taking it to
the lowest level reached since the first
week in March.
Lower prices for cotton, live stock
and eggs resulted in a decline in the
farm product index in spite of the
continued rise in the price of corn.
The index of grain prices was at a
new high point for the recovery period,
68 per cent above a year ago.
The first important reaction in
metal prices in many months occurred
last week, with copper, tin, lead and
zinc showing rather sharp declines.
Although most cotton textiles as well
as wool, burlap and hemp moved
higher last week, the textile price in
dex fell off slightly, due to lower quota
tions for cotton and silk.
A slight upturn in the building ma
terial index, caused by higher prices
for brick and linseed oil, took it to a
new high point for the recovery period.
MONEY MARKET.
NEW YORK. April 13 <jp,.—Call money
steadj. l per cent all day; prime commer
S!* r»pa?er 1 Per cent; time loans, steady;
no-0<i days. 1U 4-6 months. 1*2 per cent;
bankers acceptances unchanged. Redis
count rate. New York Reserve Bank. 1*2
per cent.
1886 1937
51st Year \e of Progress
Legal Blanks
STOGKETT
FI SitE CO
PRODUCINO STATIONERS
019 E ST- -W
PEHHSmtIGRAM
Approve Broad Powers to
Increase Company’s
Indebtedness.
B5 the Associated Press.
PHILADELPHIA, April 13.—Di
rectors of the Pennsylvania Railroad
Co. were given broad powers by stock
holders today to add $95,000,000 to
the company’s indebtedness whenever
in their judgment the additional
financing is needed.
With unused previous authoriza
tions the directors will have leeway
to add $98,234,300 to the company’s
debt. A formal stock vote will be
taken on the authorization on April 27.
No indication was given by officers
of the company at the annual meet
ing how soon the board will exercise
its newly acquired authority or for
what purpose the additional funds
would be used, if and when acquired.
Thomas S. Gates, president of the
University of Pennsylvania, a director,
presided at the annual meeting.
One stockholder suggested the Penn
sylvania follow the example of the New
York Central, which in recent financ
mg gave siocsnoiaers me rignt to sub
scribe to new debentures, thus saving
bankers' underwriting fees. A. J.
County, financial vice president, reply
ing, said of the 218.000 Pennsylvania
Railroad shareholders, only 19,000 sub
scribed to a previous financing He
added that the problems involved in
the two companies were not com
parable.
County told the meeting the floods
in March, 1936, cost the company
$7,600,000 and was charged to profit
and loss. An additional loss of $800 -
000 was suffered in the 1937 floods, he
said.
In addition to voting on the new
financing on April 27, the stock vote
also will determine the successors to
three directors whose terms expire
this year. They are Howard Heinz,
R. K. Mellon, jr., and Gates.
County told the stockholders the
board would give careful considera
tion to dividends every six months.
-•
METAL MARKET.
NEW YORK. April IK up'.—Copper
steady: electrolytic epot and future, is Sc,
export. 15.15. Tin firmer: spot and near
by. SO.oOao.'.ei’'*: future. sn.sr'^a
gO-lS'j Lead steady: New York spot
(i 0"at, "n: East St Louis, spot. 5.85. Zir.c
steady. East St. Louis spot and future.
< oo. Iron, aluminum, antimony quick
silver. piatinum and wolframitt un
chaimed.
OFFICE FURNITURE
WE SELL, BUY OR EXCHANGE
Desks Steel Files
Tables Steel Cabinet*
Chairs Safes
BAUM’S FURNITURE HOUSE
1*16 Eye St. N.W. Phone NA. 2184
Property Management
X INVESTIGATE the efficiency
* of the service our Property
Management Department is or
ganized to render in the manage
ment of apartment houses and
residential properties.
Inquiry imposes no obligation.
B. F. SAUL CO.
925 15th St. Nat’l 2100
Mortgage Loans
home LOAHS 1
I Interest os 11 |
1 Low os 111
5%
1 \ Easy MontHly Pay- 1 \ '
l ^ Proterted by Federal
ft Your Savings He uot0 $5,000
1 '"S“o.mniH6 ASSOCIATION
I COLUMBIA BUILDINB p«e p>Wl Ro„,
ft 716 11th Street
CONSTRUCTION LOANS
in District of Columbia or nearby Maryland
SIX MONTHS TO ONE YEAR
INTEREST
COMMISSION 1%
Upon completion of buildings,
these loans may be extended
on one of several long term
monthly payment plans; or for
three or five years, without
curtails; interest semi-annually.
H. L. Rust Company
1001 FIFTEENTH STREET NATIONAL 8100

Evening star. [volume], April 13, 1937, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Evening star. [volume], April 13, 1937, Page A-19, Image 19 About Evening star. [volume] (Washington, D.C.) 1854-1972

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Evening star. [volume], April 13, 1937, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972