Evening star. [volume] (Washington, D.C.) 1854-1972, May 19, 1937, Image 17

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Evening star. [volume], May 19, 1937, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 19 May 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-05-19/ed-1/seq-17/>

Newspaper Page Text

b
A. & P. Shares Go Down
Nearly 6 Points Due to
Decision.
, *
By the Associated Press.
NEW YORK. May 19—Prices
swung irresolutely in the curb market
today, where light dealings left many
shares untraded.
Great Atlantic & Pacific was one
of the heaviest losers late in the ses
sion, dropping nearly 6 points as
holders showed nervousness over con
sequences of the Supreme Court's ap
proval of the Louisiana chain store
tax.
Gulf Oil lost more than a point and
ACuminum Co. was off about 2. Labor
problems added to uncertainty over
Aluminum's outlook.
Moving higher were Carrier Corp.,
Great Northern Paper and Techni
color, each up a point or more, and
Creole Petroleum, up a major fraction.
Stock Seat Price
Eqtiak 1937 Low
At 896,000 Level
By the Associated Press.
NEW YORK. May 19.—Arrange
ments were made today to sell a mem
bership in the New York Stock Ex
change at $96,000, equaling the low for
this year. Price was unchanged from
the previous sale.
The last occasion on which a seat
sold Rt a lower price was December
*1, when the transaction was at $89,000,
the low for 1936.
The highest price this year for a
membership was $134,000 on Janu
ary 8.
BALDWIN CALLS VOTE
ON CHANGES IN STOCK
By the Associated Press.
NEW YORK, May 19— Baldwin
Locomotive Works today called a
special meeting of stockholders for
June 15 to increase and reclassify the
authorized capital stock.
Under the plan there would be 125.
251 shares of 7 per cent cumulative
preferred of $30 par value and 3.000.
, 0(W shares of common of $13 par
value.
Shareholders also will be asked to
increase the company's authroized
indebtedness to $33,676,000.
fc
f # SUGAR DIVIDEND VOTED.
NEW YORK. May 19 (^.—Di
rectors of Cuban-American Sugar Co.
declared a dividend of $2.50 on the
preferred stock, payable June 30 to
stock of record June 15. A similar
payment May 15 was the first distri
bution on the stock since 1929.
CURB BONDS
DOMESTIC BONDS.
Hull. Low. 1:00.
Ala Power 5s 46 A loo loo 100
Ala Power 5s 51_ 06 00 06
Ml Power 5s '68 86 86 86
, Alum Co Ltd 6s 4S_loo3, luo', loo3.
Am P A L 6s 016 _ B2»« 923a 93s,,
Am Radiat 4Us ’47._ 105 105 105
Am Roll Mill 5s ’48 _103*4 103*4 lt>334
Appalach E P 5s 56 ... loo1, loii',4 lud'4
Ark P A L 5s 56 _ 981, OKU BSU
As El Ind 41.s '53_ 51Va nlU olU
AS G A E 4 Us '40_ 43 42'4 43U
As G A E os 50 . ... .. 47' a 47 47
As G A E 5s '08 _ 4 6 45'a 45'i
As T A T 5 1 as '55 A _ _ 84 *8 844 84',*
Ealdn Lo 6s 38 xw 173 173 173
Ealdn L 6s '38 xw stp. 17.7 173 173
Bell Te' C 5s bo A .... 115 114 •» 115
Bell Tel C 5s '57 B . .. 11 s-h II.8*4 llh*,i
Binning Gas 5s '50 . _ tls t;s 68
Broad Rv P 5s '54 A Wo‘2 Pti'2 90>i
Bull Ge Ei 5s ‘56 A lo5‘ ■ 165' - li'5'2
Can No Pw 5s '53 A _ _ lo.'t u 103*4 1113*4
Caro Pw A 1/ 6s 'So __ loo's 100 loO
Cent I1PS 5s 56 E 104 lot J04
Cen II P S 4'.as 67 F 07 '.4 0 7 07'4
Cent I1PS 5s '68 G 103'. u 11:' 4 111312
. Cjrnt Pw A L; 5s 56 _ 97'„ :u34 03'8
(Tent St El 5'2s 54 _ 5312 53'2 53'.2
Cen S’ PaI. 5' .1 s n3_ 56'4 56 56
Chi Pn T1 5Us '43_162'2 lt)3'a lo3'a
Cities Svc 5s ’50 087, 68', OH12
Clt S PAL 5'ls 53_ 653« 65 653«
^'<■6 S PAL 0I2S '40_ On1, 65V2 li.Vj
C'omw Edis 5s '53 A_113 113 112
Com* Ed 4s '81 F __ 106 loti 106
Com* Ed 33is '65 H . luii', 10314 lo3'4
Gpmw Sb 5'2s '48 A .. lo.tu lo.'tv, lo:t‘,
Comnty PAL 5s 57 . 775a 77',a 77sa
Con Gas Ut 65 '43 A St. 76'2 76', 76'2
Oont G A E 5s '58 A . 85'a 85 85'4
4 Detroit C G Hs 47 A106'a 106'i look
Det Cit Gas 5s 50 B_lo5sa 105'2 105*2
East G A F 4s '56 A ... 86',» 86 SiiU
El Pw A Lt 5s 2030... 83 82'4 S”',
El Pas El 5s '50 A_102‘.2 102 10”'2
tEmp Dis El 5s '52 .... 06'2 OH'/a 96'2
Emp OAR .V2S '42_ 897„ 80'4 89'p
(Fed Wat 6'a '54 80 80 80
Firest Cot M 5s '48 105 105 105
Florida PAL 5s '54 nu'i Pol, 90'i
Oary EG 6s A 44 stp xw its3, 98*2 0834
Gatineau Pw 5s '56 loo3, loo*, loo*,
oen Pb Ut 6'as '56 A . S4'2 84'a 84U
Georgia Pw 5s '67 __ 94 94 94
Glen Alden Cl 4s '65_ 80'ii 8(Hi 80‘i
Gobel Inc 4'us 41 A. _ 78',2 78'- 78U
Grand Tr We 4s '50 __ OOU !I9',J 00',
Guard Inv 5s '48 A 56V, 56', 56'.,
Hack Wat 5s '38 109*2 109*2 Kill'-2
Hotl W Ast is ’54 ww 3131 *. 311.
Hou Gulf G 6s 43 A 102 102 102
Idaho Pw Co 5s '47 1118'2 108'2 108',
111 North Util 5s 57 . 107 107 107
i!1 L ',is 5:1 A.. 1 "4'4 104', 10414
• U J**' & L p'*s 54 B . nil jni 101
JTI Pw a L ns 5s '56 c _ !>H3, 98', 08*.
lil Pw A Lt 5'2S 57 9634 96*4 96*4
Inti Securities 5s '47 . .. HU '2 ini'. mi 'a
Interst Pw ns '57 .. 56'a 55', 55',;
Interst Pw 6s '52 43 40*, 4 7
Interst P S 5s 56 D 8"'2 S"'2 S”V2
Interst, P 8 4Us '58 p 77k 79 76
Iowa-N LAP ns '57 A 102', lo"U 111'",
Iowa Pub Sv ns '57 1 OS', 1 O.'i'S 103'4
Jer C P A L 4'2S 6 1 c 104'2 164 1 2 In I I .
Kentucky Ut 5s '61 88 88 88
Kentucky U 5s '69 I 89'j sou 8'H:.
Lake Sup Dis :C,s A '66 95 >4 95'- 651,;
Lehuh P S 'is 2026 A 103 m27. m:t
i.n rw <v os o, _ j nti ‘ 4 jofi% lnii1,
Mem PAL 5s 4 s A 97 97 97
Mengel Co 4%s '47._ins ins 199
Mil GAE 4'2s 'ii7 .. in:”, liv;S ln:,34
Minn P A L 5s '55 104 j 04 104
Miss Pow 5s 55 ... Si si si
Miss Pw A L 5s '57 R4 84 84
Net PAL (is 2026 A ini's 93% i'.'l'i
N»t P A- L 5s 20:10 b S"'2 8"'/, s"'.
Nebr Pow 4%s ’SI . _ ins’, 108% 108%
New EG A Eos '47 .. H7% HI', R7'/4
New E G A- E 5s 50 _ HI% R7 07
New E Pow os '48 90% 90 90
N*w E Pow 5'is '54 0404 04
NfV Or P S (is '49 A 80 80 so
N Y S E A G 41 -s 'So loo7,, 100% 100%
Nor A L A P 5Vas 'ofi_93'/, 93V* 93',
No Con TJ o*2S '48 A — 47 47 47
Jo Ind P S os Oh' C__ 102% 10"% 10244
No Ind p s 5s 'HO D_. ]02'i 107'i 10""i
dgnio Pub S 5s '54 D__ 105V; 105% 105'A
r*T P A L 5s '55_ 74 74 74
Penn C LAP 4'is '77__ 94% 93 04
Penn O E 5'is '59 B flfi " 9(1 9R
Penn O E fis '50 a_102'/, 102V, io°%
?enn P Svc 5s '54 D_102 10° 10"
£9P G,L & C 4s'Si B . 90'2 90 Vi 90'i
Fhila El P 5'2S '72_1 10% HO’i 1I0>
Pitts Steel fis '48. ... 103% 103% 1037i
Potomac E 4%s 'ril F__ 107',2 107% 107V,
Pub Ser N J fis ctfs_ 133 133 .133 1
pub S N I 4'is '78 D__ 103'2 103'i J03V.
Pub S N I 4%s '80 E_ 103*1 1034? 103V?
Pub S N I 4 1 aS '81 F__ 103 103 103
Pub SBC 5' it '49 A. 843, 84*', 84%
Ban An P A 8 5s '58 B 104*, 104% 104%
Bhw WAP 4'is '67 A— 102*? 102V? 10">?
B * P A L fis 2025 A— 97% 97 97
§°u Cal Ed 3%s '45._ 1057, 105% 1057,
Sou Cal Id 34,* ’60— 102% 102V, ]0"44
Souw Pb Svc fis '45 A . 102% 102% 10"%
ltd GAE fis '35 mat.. 7(1 7(1 7fi
Btd GAE cv fis '35 cod. _ 75 74'/, 74V,
Std GAE cv fis '35 mat 7(1'A 754, 75%
Std G A E fis 35 cod.. 75 75 75
Std O A E fis '51 A_ 74 74 74
Std G A E fis T.H B —_ 74 72 Vi 7"'/,
Wand Pw A Lt fis '57_. 72>4 71 71
Texas Elec os 00._102', 102 10"
Tex Pw A L os '56_10.V, 105'A 105",
Toledo Edis 5s ’(12_102’, 1073, 1073,
Twin C Rt 5'is '52 A. 80V, 80 so
Ulen'A: C fis ’44 cod at 48 48 48
Unit Lt A Pw fis '75 75'A 75 75VA
Udlt LARD 5'as '52 84 84 84
Utah P. A L 4'28 ’44 08% 98% 9844
Va Pub S 5'as '4fl A_99 9s3, 99
W*sh Gas Lt 5s '58 105'a 105'a 105%
west T Ut 5s '57. A 94’, 93% 94",
We U GAE 5 ‘;s '55 A 105 V, 105 105
WJe-Min LAP 5s '44 10fi3, 100% 108H
FOREIGN BONDS.
Chile M B fis ’31 mat— 18Vi 18% 18%
Danish Con 5%s '55_ 100 100 loo
Danzig Port fi'as '52. 55 55 55
Medelin Col 7s '51._ 15 15 15
Mendoz P 4s '51 stp... 95% 95% 95Vi
Pted El «%s 'do A 71 71 71
Russian fi%s III cc _ 1% l’A ]",
Terni-Soc fi%s 53 A.. «M% 60% 69%
Ui^t El Svc 7s '58 A . 71 71 71
ww—With warrants,
i. *w—Without warrants.
r—New. st (stp)—Stamped,
I Negotiability impaired by maturity.
7 Companies reported In receivership.
t
NEW YORK CURB MARKET
By private wire direct to the Stax.
All tlm* shown below Is darllrht sarins
sn which ths Exchange Is now operating.
2:30
Stock and Skies—
Dividend Rate. Add 00. High. Low. Close.
Air Device Corp._ 1 24 *4 24
Alabam Pw pi (T) 10« 694 694 694
Alum'n Co of Am 750s 1454 142 142
Alum (Am) pf (6) 200» 1174 1164 1174
A1 umn Goods b25o 1 17 17 17
Aluminum Ltd .. 200e 104 1014 104
Am Airlines. Inc. 1 204 204 204
Am Book Co (4) 10s 65 64 65
Am Box B’d(b4nc) 6 204 20 204
Am Centrifugal 6 4 34 4
Am Clt P&L (Alt 60s S3 88 83
Am CltPAL B a30o 2 34 84 34
AmCynamBtSOc 14 314 804 804
Am & For Pw ww. 1 24 24 24
Am GAB (1.401... 6 824 814 82
Am GAE pf (61... 175« 1104 110 110
Am Gen C’p ia50c) 2 10 94 94
Am Gen C pf (2).. 60s 334 834 334
AmLATItl.10). S 19 184 19
Am Mfg Co <aS).. 25s 60 60 60
Am Maracaibo 14 14 14 14
Am Pot & Ch R24 60s 43 43 43
Am Superpower . 28 14 14 14
Am Superpwr pf_ 9 324 30 30
Anchor Post F_ 3 34 84 34
Angostura (t20e) 1 64 64 64
Ashland OAR t40o 6 64 64 64
Arcturua Radio T. 1 14 14 14
Ark Nat Gas_ 6 74 64 64
Ark Nat G cu pf_ 7 84 84 8*1
Ark Nat Gaa (A).. 41 74 64 64
Asso G A E (A) .. 12 14 24 24
Asso G & E 86 pf 2 18 18 18
Atl Coast FIs b36o 1 84 84 84
Atlas Corp war 8 24 24 24
Atlas Plyw'd( 14: 1 23 23 23
Austin Silver _ 2 24 2 2
Auto Products_ 2 64 6 64
Auto Vot Mch 50c 1 94 94 9*4
Babcox & Wll (4). 26* 118 118 118
Bardstown Dlst_ 8 84 84 34
Barium Stain Stl 2 6 44 6
Barltvw&Sl A11 20 60* 174 174 174
Ba’n L7% 1st pfa7 76* 82 82 82
BeaunitM <b50c)_ 1 174 174 174
Hen unit A1 < v p£ 1 27 27 27
Bellanca Aircraft- 2 6 6 6
Berkey&Gay F Co 6 24 24 24
Berk&GF pur war 8 14 1 14
Bliss Co 1E W) 2 16 154 16
Blua Ridge (bl5c) 18 24 24 24
Blue Ridge cv pf J J 46 46 46
Blumenthal S _ 6 204 20 204
Bourjois (a75c)_ 1 64 64 64
Bowman-Blltmor# 1 14 14 14
Brazil TL&P b90c. 16 234 234 234
Brill Corp (A)- 1 104 104 104
Brill Corp (B)_ 4 4 4 4
Brill Corp pf_ 60t 60 66 65
Brown Co pf 600* 70 684 69
Brown F&W b30c_ 8 144 134 134
Bud N&E of 1 60.. 1 244 244 244
Bunker H&Sull n.. S 28 28 28
| Burma Ltd bl64c 1 44 44 44
| Cables&Wirel'ss A 6 14 .14 14
■ Cables&Wirel'ss B 1 4 4 4
Calamba Sug tl.60 1 29 29 29
Can H.vdr E 1st pf 60* 76 76 7i,
Can Indus Alco A. 2 64 64 54
Can Marconi _ 7 14 14 14
I Carnation Co 41)_ 1 26 26 26
Carnegie Metals.. 2 24 24 24
! Carrier Corp _ 8 46 454 46
| Catlln Corp ia40c) 1 64 64 64
j Cen Hud G&E 80c 1 164 154 154
. Cent Ohio Stl b30c 3 144 144 144
I Cent I’& Lt 7% pf
(b3.06 4 )_26* 84 84 84
Cent & S W Ltll_ 2 3 24 3
Cent States Elec 9 14 14 14
Chesehrough <t4) 50« 1184 1184 1184
Chi Flex Shaft (4) 60» 65 65 65
Chi Riv&M b30c... 1 154 164 154
Chief Con Mining. 13 4 % 4
CniidsCopf_ 25* 87 87 87
Cities Service_ 196 34 24 3
Cities Service pf . 6 494 484 494
City Auto S(T60c) 3 94 94 94
Claude Neon Eta.. 1 24 24 24
I Colon Dev Etd_ 26 64 64 64
• Colon Dev 6% Df.. 2 4 84 34
! Colo Fuel&lr war. 1 144 144 144
Calts PFA b37Vie. 2 61 60 61
Col G&E cv pf (5). 78* 74 70 704
Columb O&G b2uc. 23 74 74 74
Com with &S war 230 4 4 4
Community PS tl 60* 27 27 27
Compo S il stc tl- 1 154 164 164
Cons Aircraft_ 2 12 22 22
Consol Copper 76 94 9 94
C GELt&P Bo 3.60 2 74 724 724
Cons G Bo pf A(5) 10*114 114 114
Consol Gas L'tU .. 1 24 24 24
Con Ret Strs new. 2 74 74 74
Consol Ret S pf(8 ) 60* 123 122 122
Consol Steal Corp 6 104 94 94
Cont’l G&E pr pf 7 26* 86 85 85
Cont'l Roll * S Ft 2 20 194 194
cuuyci ocosciucr. x X O XO 20
Copperweld rl-20.. 1 83 83 83
Cord Corp ... 11 3*4 8)4 8*4
Corroon & Reyn... 15 6 6
Coeden Oil Me <d) 6 1*4 1*4 1*4
Creole Petrol t50c 25 84‘j 88*4 84
Crocker-Wh alOc. 2 12*4 12H 12)4
Croft Brewing_ 8 ?4 *4 *4
Crown Cent Pafie 2 2 IX 2
Cro'n C'k Int All). 1 12X 12X 12X
I Crown Dr (t)2UC) . 7 8*4 3X 3*4
Crown Drue pf 1*4 25a 22 22 22
; Cuban Tobacco_ 2 6*4 6V4 6X
, Cusi Alex Mining. 21 *4 )4 yk
j Dayton Rubber... 1 23X 23X 23X
' Dennison 7% pf... 30a 75 75 75
Derby Oil * Kef _. 8 7)4 6X 7
Detroit Gr 1 new.. 2 3 2*4 8
Del Pap Prod r25o 2 6)4 6)4 6S4
Domln SAC (B) 1 19)4 19X 19X
Driver Har pf (7). 10a 111 111 111
Duro Test (40c)_2 6*4 6*4 6*4
Duval Tex 8 aoOe. 1 7*4 7X 7*4
Bag Pit Lead blOc. 4 18 17*4 17*4
East'n G&F Asso. 3 6X 6 6X
Eatn G&F As pf 8.160a 42*4 42X 42*4
East G&F p pf 4*4 26a 68)4 68)4 68)4
Easy W M(B)b25o 2 9*4 9X 9X
Eisler Elec (a5c)_ 1 2X 2X 2)4
Elec Bond & Sbara 68 16X 16X 15*4
Elec B A S pf <6)_ 1 78 73 73
Blectrol Inc v.t.e._ 1 8X 3)4 8)4
Emp G&F 6% pf 85a 61X 61X 61X
Emp G&F 6% % pf 25a 64 64 64
Equity Corp<a2Scj 6 2 IX IX
Europ'n El bd rts. 6 X X X
Evans Wall Lead. 1 IX IX IX
Evans Wall L pf . 60a 26 26 26
Ex-Cell-O (b20c).. 4 21*4 21X 21*4
Fairchild Av al5c. 1 f*4 6*4 6*4
Falstaff Br CIX) 2 8*4 8*4 8*4
Fanny Farm C<1) 1 20X 20X 20X
Ferro Enam b75c- 1 88 88 88
Fldello Brewery_ 12 X *4 \
Fisk Rubber _ 1 14 14 14
Fisk Rub pf (6).. 25a 80 80 80
Fla P * L Df . 860a 41X 40 41
Ford Ltd (b21c)._ 2 6X 6*4 6*4
Franklin Ra.v a60o 1 11X 11*4 UX
lien Alloys - 8 41$ 41$ 414
Gen Flrepr’f b25c- 1 19 19 19
(Jan Invest Corp _ 1 15$ 11$ 11$
Gen Tire A Rub .. 6 285$ 28 281*
Gen TAR pf A (6) 10*104 101 104
Georgia Pw pf (6) 50» 765$ 765$ 765$
Gilbert!AC)pf 8% 40» 891* 391* 891*
Glen Alden C (tl) 1 111$ 111* 111*
Godchaux S A bl. 160* 43 43 43
Godcnaux S pf (7) 80*101 101 101
Gorham Mf rtc tl 1 281$ 281$ 231$
Grand Natl Films 10 25* 21$ 21$
Gray Tel P 8 (1)-. 7 181* 161$ 18
GrtAAPTntrtS 170» 931* 89 92
Grt A&PT l»t pf 7 10* 1201$ 1201$ 1201$
Great Nor Pap tl. 60» 40 40 40
Greenfield TAD 3 135* 13 135*
Gulf Oil (Pa) b26o 6 63 621$ 521$
Hall Lamp (80c)-. 2 454 414 414
Hartman Tobacco. 1 214 2H 214
Hat Corp (B) 80c. 1 115$ 115$ 115$
Hearn Dep S bl 65 2 1414 14 14
Hecla Mining b45o 6 17 1654 17
Helena Rubenat'n 1 71$ 71$ 71$
Heller pf ww 18$ - 60* 24 24 14
Holllnger < t*6c>.. l 1H$ 1114 115$
Hud B M A S bTSc- t 301$ 295$ 295$
Humble 011 (15*) * 751$ 761$ 761$
HuylersDpf et(d) 60* 16 16 16
Illinois Iowa Pow. 1 854 81$ 8}$
111 Iowa Pw pf 214 8 2954 2*14 291$
111 Iowa Pw d ctfs. 7 111* 1054 1054
Imp oil Ltd r60c 9 111* 215* 2154
I T GtBAl b84<*C- 4 881* SIH 881$
Ind Pipe Line b30o 2 1114 11)4 11)4
Indiana 8vc 6%pf 20* 22 20 22
Indus Fin T% pf 60* IS It It
Ins Co Of No A tt 200* 661$ 66 66
Inti Petrolm 11)4- 11 26 M 86
inti Products 1 •)( 4)4 5)4
Inti Radio (b25c). 28 145$ 145$ 145$
Inti Utt. iB) 1 154 1)4 1)4
Inti Vltamln<60c) 8 614 4 6
Interat PiDeDpf- COO 10)4 914 914
Jacobs(FL)Coil) 4 II 14)4 14)4
JonesA Laugh Stl. 1 101 101 101
Ken RTAL A a75e 7 22 21 21)$
Kingsbury Brew. 2 21$ 21$ 21$
Klnsnton Prod «0e 16 5 6
Kirby Petrol (20c) • IJ$ 1)4 4)$
LakeSb 11(74) „ 14 12 11)4 11)4
Lakey Fy A Mach. 2 6 6 3
Leb Coal AN I0e.. 8 814 g g
Leonard Oil_ 8 114 1)4 114
Lion Oil Raf (1)„ 14 21)$ 21 215$
Locke 8tl Cb tIOc. 1 14)4 14)4 14)4
Lockheed Aircraft - t 121$ 12 ■ ISM |
k
8:30
Stock and Bala*—
Dividend Rate. Add 00. Hi«h. Low. Cloie.
Lone SUr Qas 80o 11 1144 1044 11
Lone island Lt*8 844 844 *44
Louls'a Land 40c— 8 12 1144 12
McCord Red (B)— 1 744 744 744
McWilliams D Ctl < 26 24 24
Marlon Steam Sh 1 1844 1 844 1344
Maas Util Assocla 2 8 8 8
Massey Harris ... 2 12 12 12
Master Elec (1).. 1 28 23 *3
Merritt C A S pf A 26* 6244 6244 6244
Mesa hi Iron __ 2 44 44 44
Mich Bumper__ 8 244 2 2
Mich Qas A Oil... 4 844 844 844
MtdStaPetlA) * 444 4 44 444
Mid Sta Pet vtc B. 2 1 1 1
Mid-W AhrasalOo 8 844 844 844
Midwest Oil (11)_4 10 10 10
Molvbdenum Corp 2 844 844 844
Montr HLtAP 144 660a 2944 29 29
Moody’s pt pf (3). 26b 86 88 86
Mount C Cp a 21c.. 2 1 244 1 24< 1244
Alount Prod (60c). 2 844 6 644
Nat Baking Co ... 2 12 1144 1154
Nat Bellas Hess 11 2 IJ4 IJ4
Nat Bd&Sh (b50c) 60* 65 65 65
Nat Container (1) 2 1244 1244 12*4
Nat Fuel Qas (1) 10 154* 1644 1 544
Nat Leather 1 44 44 44
Nat P A Lt pf (6) 100* 6944 6944 6944
Nat Rub Mch a20o 2 14 1844 1354
Nat Service - 2 44 44 44
Nat Suirar N J (2) 1 26|/4 2544 26'4
Natl Transit b45c. 1 1154 1144 1154
Nat Union Radio.. 1 2U 244 244
Nehel (Oscar) _ 1 1 1 1
NehrPwrnf (7) 60a H144 10944 1 0954
NeptuneM (A Ia60o 1 1654 1554 15'4
Nestle Le-Mur 1 144 144 1V4
New Jer zinc (t2) 100* 76*4 76*4 76>4
New M&A Ldalo 2 254 244 2*4
Newmont Min b76i 1 10.5 105 105
•’ i nirmi uvl;.. 1 13Bi 13*4 1344
N Y Shlpbldg 1 8 8 8
N Y Tel pf (61)) 126. 11144 111*. 111*4
Niae Hud Pwr new 17 12*4 12 12'4
Nlag H Pt A 1 war 2 44 44 44
Niag II P 1st pf 5 . 100« 87)4 87)4 87)4
Niag Sh Md B afiOe 2 12 12 12
Niles-B-P’d b50c_. 2 41)4 4114 41)4
Nipisslng < 6Uc) . 6 2)4 214 214
Noma Elec (b40c) 18 6 6
North Am L * p 12 344 3)4 3'4
North AmUP nf 160. 34 64 61
Nor Cent T O al5c ~2 6*4 5)4 5)4
North n Enrol'i'll lb 44 44 44
Northern P L 75c. .1 11 11 11
North States P A 1 2214 22)4 2214
Nor Tex El 6% pf. 2 2)4 2 2
Ohio Brass B b75c. 60s 6444 64*4 6444
Ohio Oil cupt 16). 1 10SS4 10914 10944
Ohio Pwr pf (6).20. Ill ill 111
OklaNatGas- 2 1114 1114 njg
Okie Nat Gaa pf.. 100» 28 28 28
Oldetyme Distil 2 8J4 344 844
PacG&E lslpf 1 Va• 1 2944 2 944 21)44
Pacific Pwr&Lt pf 10» 70 70 70
Pan-Am Air (tl). 8 6*'4 6314 6,114
Pantepec Oil ._ 822 8)4 7*4 8
Param't Motors_ 2 444 4*4 4*4
Pennroad <a25c).. 11 414 4 4
Penn G&E (A 11 44 2 12 12 12
Penna P&L pf (7) 200s 94 93 93
renna Salt (bl Vi ) 60s 173 172)4 173
Penn Wat &P (4) 1 78 78 78
Pepperell Mfg t6. 75# 134 18214 13214
Phoenix Secur 1 S!4 944 9*4
Pierce Gov (b15c) 1 2714 2714 2714
Pioneer Gold (40ci 1 4)4 414 414
Pitney Bow(ttuc) 6 74* 7*4 7**
Plough Inc (1.20). 1 16)4 16*4 16)4
Potrero Sugar . 1 2J4 2)4 244
Powdrell&Al tgOc 1 9)4 9)4 9)4
Premier Gold 112o 8 2)4 2)4 314
Producers Corp 11 44 X %
Prudent'l Inr a50o 1 11)4 11)4 lii*
Pub Svc Ind pr pt 80s 47 464* 46*4
Pul Sd P&L pf b5 76s 72)4 72)4 72H
Pug Sd PAL 16 pf 275s 83)4 82)4 82)4
(Quaker Oats <5)__ 80s 11144 JIU4 11144
Rainbow Lum (A) 1 44 44 *4
Raym’d Cone (tl) 60s 4014 40)4 40)4
Reiter-Foster_ 3 1)4 1)4 114
Inviit 1 II*. ljiz 11<
Root retrolm b25c 6 64 6*4 54
Ross la IritlCorp 16 4 4 4
Royal Type b?5o.. 100* 105 105 105
Rustless Ir&Stl * 144 14 14
St Anthony Gold.. 9 4 *4 4
St Regis Paper 16 94 84 8*4
St Regis Paper pf 26* 102 102 102
Scovill Mfg (b50c)250* 414 40*4 4OI4
Segal t.ock AH 8 24 24 24
Selby Shoe (1.60).26j» 224 22 224
Selected Indus 1 24 24 24
Sel Jnd all Cfs 64 360» 1014 100*4 1014
Sel Ind pr pf <64 ) 200* (9 98 4 99
Sent Saf Control 1 4 4 4
Seversky Aircraft 2 44 44 44
Shattuck Den Min IS 174 17 17
Shawin WAP8O0 1 264 264 264
Sherwin W pf (6). 10*110 110 110
Simmons Hd A P_ 2 44 44 44
Singer Mfg Ltd
rets (a28 4-5c).. 5 6 6 s
Sonctone C lalOe) 2 14 14 14
Southl'd Roy blOc. 2 104 104 104
Spencer Ch S b75c 2 94 94 94
Stand Cap&S tl.60 2 204 204 204
Stand Oil Ky (tl). 7 194 194 194
Stand Oil Ohio tl. 1 36 86 86
Stand Pwr A Lt... 7 3 24 24
Stand P & L < B).. 2 24 24 24
Stand SHALd (4c) 8 4 4 4
Starrett Corn vtc 2 6 6 6
Sterl Alum (b25c) 1 94 94 94
Sterl’g Brew a75o. S 64 64 64
Sterling, Inc t20c. 1 54 54 64
Stinnesr Hugo 1 d_. 8 24 24 24
Stroock & Co (2)_. 1 23 23 23
Sullivan Machine. 2 204 194 204
Sunray Oil <b5c)_. 2 4 34 4
Sunshine Min (I). 2 184 IS 18
Swan Finch- 2 13 124 13
Taggart Corp-' 1 114 114 114
Tasty east (Del) A- 2 14 14 \u
Taylor Dlst (10c). 2 84 84 84
Technicolor a60e. 134 284 27 284
Texon Oil * L 6O0. 1 64 64 54
Tllo Roof Inc (1). 1 I64 164 154
Tob Prod Exp 16o. 1 84 84 84
Todd Shlpyd (t2) 60* 614 614 614
Toledo Edls pf (6) 20* 101 101 101
Tonopah M <a6e)_ 6 14 14 14
Tr-Lux DPS t20e. 8 44 44 44
Transwest Oil Co. 6 I14 114 114
Tri-Conti C war . 4 14 14 14
Tubize Chatilllon. 2 264 26 264
Tung-Sol Lamp— 1 64 64 64
Ulen & Co 7 4 % pj 1 84 84 34
United Corp war.. 2 111
Unit Gaa Corp .. 82 94 84 84
Utd Gas war_ 1 24 2 2
Unit Lt&Pwr pf A. 11 64 64 6*4
Ut P&L pf b37 4c. 2 444 434 434
Unit pror Sh alno 2 14 14 14
Unit Shipyards A. 12 7 7 7
Unit Shlpyds U 2 24 24 24
Unit Sboe M t2H. 26* 87 4 87 4 874
U S Foil <B> (1).. 2 134 13 134
U S Play Cards tl 60* 274 274 274
U S Radiator _ 3 12 11*4 12
Unit Verde Ex <1) 60 44 44 44
Unit Wall Paper . 4 4 84 84
Univ Corp’n v.t,c.. 1 64 64 64
Utilities P A L (d) 2444
Util P & L pf (d) 250. 164 144 144
Utility Eq pf b4H 60* 744 744 744
Utilities lndust'l. 8 1 1 1
Venezuela Mex O. 1 64 (4 64
Venezuela Petrol. 2 2 14 14
Wahl Company_ 1 24 24 24
Walker Mining 2 24 24 24
Wayne Pump bl 4 12 464 454 464
Well t n Oil of Del 1 114 114 114
Wntwtb Mfg bloc 8 6 54 6
West Tex Ut pf<6 ) 80* 88 874 88
W Va Coal A Coke 11 44 44 44
Westn Au S b40c_. 4 284 284 284
WU-low Cafeteria 2 4 4 4
WU-low Cafe pf . 1 84 *4 84
Woodley Pet t40c. 8 84 84 84
Wright Hare t40o 6 64 64 64
Tgstn Steel D bl4 1 66 66 66
V ukon Gold (a 1 Sc I 2 3 24 24
Dividend rate* in dollar* based on last
quartern or semi-annual carmen! tap.
nual rate—not including extra* fAc
euraulkted dividends a Paid last year.
5 ?*ld thl* vear. a Companies reported aa
being in bankruptcy ora receivership, or
being reorganised under the bankruptcy
act. or securltlea assumed by suck com
panies.
HEADS REITER-FOSTER OIL.
NEW YORK. May 19 (Special).—J.
M. Campbell, formerly vice president
of the Alpha Petroleum Oo. and presi
dent of the Malta Oil Oo., has been
elected president of the Reiter-Foster
Oil Corp. of Tulsa, Okla. Campbell
succeeds James G. Lyons, who is re
tiring to devote himself to his private
interests.
ASSOCIATION OUTPUT UP.
NEW YORK, May 19 OP).—As
sociated Gas St Electric System re
ported for the week ended May 14
net electric output touted •6,768,006
kilowatt hours, an increase of 14.6 per
eent over the hks 1M6 perkXL
\
Commercial Co. Earnings
Total $501,773, Against
$617,778 in 1936. !
By the Associated Press.
NEW YORK, May 19.—Commercial
Solvents Corp. reported March quarter
net profit of $501,773, equal to 19 cents
a share on capital stock, against $617,
778, or 23 cents a share, in March
quarter last year.
The company, a manufacturer of
pigments and other chemical products,
has plants in Louisiana, Indiana, Il
linois and California.
U. S. Leather Co.
United States Leather Co. reported
for quarter ended April 30 net profit
of $445,625, equal after dividend re
quirements on 7 per cent preferred
stock and on the $4 non-cumulative
class "A" stock, to 27 cents a share
on the common. This compared with
$256,873, or 57 cents a share, or> the
class "A" stock in the April quarter
last year.
rur six mini nix cnuea April ju net
profit was equal to $2 a share on class
“A" stock, against 43 cents a share of
class “A" stock In the like period last
year.
Company declared a dividend of
$3,75 on account of accumulations on
the 7 per cent preferred stock, payable
July 1 to stock of record June 10. On
April 1 company paid $1.75 on account
of accumulations.
* Pioneer Gold Mines.
Pioneer Gold Mines of Btitlsh Co
lumbia, Ltd., reported for fiscal year
ended March 31 net profit of $914,529.
equal to 52 cents a share on capital
stock, against $1,500,986, or 85 cents
a share, in preceding year.
Commercial Alcohol.
American Commercial Alcohol Corp.
reported for the March quarter net
Income of $199,768, before the undis
tributed profits tax, equal to 76 cents
a capital share. This compares with
$161,149. or 62 cents a share, in the
like 1936 period. Deductions lor un
realized profits on sales, subject to
deferred delivery, amounted to $61,000
and $149,000 for the respective
quarters.
Porto Rican American.
Porto Rican American Tobacco Co. I
reported for the March quarter a net
loss of $103,827, exclusive of the pro
portionate net loss of its subsidiary,
Congress Cigar Oo„ Inc. This com
pares with a net loss of $106 074 on
the same basis in the like 1936 quar
ter. The company has headquarters
at Newark, N. J.
L. A. Young Spring.
L. A. Young Spring & Wire Corp.
reported for the first quarter con
solidated net Income of $483,363,
equal to $1.18 a share on the common,
compared with $427,247, or S1.C4 a
share, In the like 1936 period. The
company has plants throughout the
country and headquarters at Detroit.
DOLLAR MOVES HIGHER
IN LONDON DEALINGS
by the Associated Press.
LONDON, May 19—United State*
dollars gained one-fourth of a cent on
trade buying in the foreign exchange
market today and closed 4 94'* to
the pound. This contrasted with the
overnight New York rate of 4 94>s for
sterling.
French francs were quoted 110.66 to
the pound at the close, against 110.44
yesterday.
PARIS, May 19 <£>>.—Rentes, 3 per
cent, 64 francs 15 centimes; 44s "A,"
69.95; 44s of 1937, 94.00.
Exchange on London, 110.70. The
dollar was quoted at 22.414
-.__
HEAVY STEEL SCRAP
LOWER AT PITTSBURGH
By the Associated Press.
NEW \ ORK, May 19.—A reduction
of $1 a ton in the price of No. 1 heavy
melting steel scrap at Pittsburgh was
reported today in a dispatch to Dow,
Jones & Co.
The new quotations were $18.50 to
$19. a decline of $5 from the peak
touched early In March after scrap
had risen to the highest in 12 years.
UNITED VERDE MINING
ORDERS $1 DIVIDEND
By the Associated Press.
NEW YORK, May 19 —United Verde
Extension Mining Co. announced today
a dividend of $1, payable June 30 to
stock of record June 4. The previous
dividend of 25 cents was paid on De
cember 15, 1936. The company oper
ates copper properties in Arizona.
Washington Exchange
SALES.
Capital Traction 5s—$500 at 90.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.
Amer. Tel. & Tel 4%s msii. Aslt*(5'
Anacostia ft Pot. 55* Z'~~ 173 A 77 *
CDft P T?i' „9U£r' 5s—— 107 _
x * Tel. of Va. o* ins
Traction R. R. 5, no
City & Suburban 5s ' ro oi
Georgetown Gas 1st 6s ~* 112
Pot. Elec. Pow. 31/4. — iml' mi ~
wKij: 8K S*. ^"0:::::: in
Wash. Rwy. ft Elec. 4g~:Z:: 105 ZZZZ
MISCELLANEOUS
Col Country Club 6%s._ 1 ns
W. M. Cold Storage is_I 100 ZZ
STOCKS.
PUBLIC UTILITY
SAmer. Tel. At Tel. (9) 183
anital Transit Co_ 10 V*""
. At W. Steamboat (6) _ZI no
S’ S01?' 6l~r DM- <6> *iioy.
p- t1'*% vt- (5-S0) *110 110%
W*!S- g»» Co. (3.60) _ 78 81 *
Wash. Ry. a f], com (.TUI *7i*
Wash. Ry. ft El. old.’ (SKlnol ZZZZ
BANK AND TRUST COMPANY.
Amer. Sec. ft Tr. Co. (e8) 291 non
ssuMr-** ,!• -
Lincoln (16.25)_ZZZZ 200 180
Natl Sav. & Tr. _ 170 -
Bk. ft Tr. (.50) 17 si—
RISKS (6°) _ fiflfi sot
Riggs old. (5) ZZZZZZZZZZZ 101% 328
Washington (6) ... _130 -
Wash. Loan At Tr. (eS)_ 290 300
TOW INSURANCE.
American (6) _ HO
Corcoran (5) too '
Firemen's (1.80) -ZZ‘* 26
National Union (.60)_I fe -
TITLE INSURANCE
Columbia (.30) _ loit. i«iA
Real Eatate (6) . _.ZZ 170* ____
MISCELLANEOUS.
Carpel Corp (2.00) _ 20 "8
Lanston Monotype 04).. . *»o 95
Lincoln Serv. com (tl.OO). 15 17%
Lincoln Service pfd. (3.50). 49 fil
Mergenthaler Lino. (2.00) *46 48
Peoples Dr. 8tr. com. (11.00) 60 63
Peoples Dr St. old. (6.50) 112
Real Eat M.&G. of. C*.70) 5% " 6y«
Security Storage (5) .. _ 115 125
Ter. Rel. At Wh Corp. (3) 60
Wdwd. A: Loth. com. (♦ 1.50) 69% 68
Wdwd. ft Loth. eld. (7)..' 116 125
•Ex-dlvldend. 1
tPlus extras. (t)i% extra. (I) 1%»
Wtra. (H) 75e axtn. (••)»5e Mid Juna
so. IMS. 46a mm Daoambar S3. 1036.
Department Store Sales in the United
States as Reported by the
_Federal Reserve Board_
... The 1920-1921
0 decline amounting
to 16% lasted
... 14 months
Figures are corrected 1
for seasonality and '
therefore show changes
in business irrespective
of season
'i 1 ^ r.i 1
Tho Doclino
from tho Peek
Lattod 45
Montht;
Amounted to
55 Joints
cr-~~ -i ■ T1
April salts J
wtrt largtst ■
for tht month —
sinct 1931
ri' —T*" *' lLj.50
'35 14 17
OUTLOOK BETTER
AT STEEL PLANTS
Large Part of Backlogs to
Be Carried Over Into
Third Quarter.
£r the Associated Press.
NEW YORK, May 19—Barring
possible strikes in some independent
plants, the steel outlook is viewed
more hopefully than was possible a
few weeks ago, when new business
volume began to decline, Iron Age
said today in the weekly review of'
the industry.
"The drop in new business has not
been precipitate, sales of most major
producers having been around 75 per
qmt of shipments so far this month,”
the trade journal said. "In some
products, notably plates for railroad
equipment and pipe lines, new busi
ness of substantial amount has been
placed, with considerable construc
tion steel in early prospect. Thus, it
now appears that a good portion of
existing backlogs will be carried over
into the third quarter, which will
help to sustain operations at a high
rate at least through July.
"Strike threats against three or
four independent companies have ap
peared more realistic in view of the
two-day shutdown last week at the
Jones & Laughlin Steel Corp. plants
in Pittsburgh and have caused some
buyers to urge mills to hasten ship
ments, particularly sheets.
"With tile resumption of opera
tions by Jones & Laughlin at the
rate in effect previous to the strike,
the industry is estimated to be pro
ducing ingots this week at 92 per
cent of capacity.
“Steel scrap prices have declined
still further, reducing the Iron Age
composite to $17.92, or beck to the
low point of the year of January 4
last.”
INVESTING COMPANIES
NEW YORK May 19 ip>,—New York
Security Dealers’ Association.
(Noon quotations.l
. . Bid. Asked.
Admin Ed 2nd Inc_ l',.9u 19.14
Am Business Shrs_ 1 i.=> 1.27
Am Gen Ea Inc_ l.us 1.21
Ant Ins Stocks _ 5.25 6.00
Bancamer Biair . _ 1(1.175 11.125
Bankers Nat Inv Corn _ _ .3.625 4 25
Basic Industry _ _ 4 96
Broad St Inv__.3.3 77 .36 12
Bullock Fund __ 2(1.625 22.375
Corporate Trust _ 2.97
Corporate Trust AA _ 2 75
Corp Tr AA mod _ .3.55
Corp Tr Accum Ser_ 2 75
Corp Tr Acc mod 3 55
Cumulative Tr Sh 6 22
Depos Bk Sh N Y A id . _ 2.33
Depos Ins Shrs A __ 3.31
Depos Ins Shrs B _ 3 11
Diversified Tr C _ 4.90
Dividend Shrs _ 1.87 2 02
Equity Corp S3 nf_ 38 25 41 25
Fidelity Fund Inc_ 26 15 28 17
First Boston Corp_ 31.373 32.875
Fixed Trust ShA__12 7d
Fixed Trust Sh B_10.62
Found Tr Sh A _ 4 75 5 10’
Fund Investors Inc_ 23 27 24 57
Fund Tr 8hrs A_ 6 05 6.75
Fund Tr Shrs B _ 6 56
Gen Investors Tr _ 6.70 7 28'
Group Sec Agriculture_ 1.85 2 00
Group Sec Automobile_ 140 1 53
Group Sec Building_ 2.00 2.16
Group Sec Chemical_ 1.5.3 1 65
Group 8ec Food _ .96 1 05
Group Sec Invest 8hr» „ 1 58 1 72
Group Sec Merchandise_ 1.3.3 1.45
Group 8ec Mining _ 1.62 176
Group Sec Petroleum_ 1.4.3 150
Group Sec R R Equip_ 1.48 1 51
Groun Sec 8teel _ 1.89 2 05
Group Sec Tobacco_ 1.0.3 1 1.3
Huron Holding __ .68 l 05
Incorp Investors _ 24 °,3
Instl Sec. Bank Group_ 1.76 l 90*
Instl Sec: Insurance_ 1.56 1 68
Investo .i Fd C Inc _ 15.35 16.30
Keystone Cust Fund B-3 _ 21.38 23 40
Major Shrs Corp__ _ 3 00
Maryland Fund _ 9 55 1046"
Mass Invest Tr __ _ _ 27 27 °8 93
Mutual Invest _ 15 5.3 16 97
Nation Wide Sec_ 4 30 4 40
Nation Wide Voting_ 1 95 2 11
Natl Investors 6 93 7 17
New England Fund_17.9.3 19 28
N Y Bk Tr Shrs _ 3.875
N Y Stocks, Bk Stocks __ 11.31 •!'’»»
N Y Stocks. Bide 8upply 11.12 12.01
N Y Stocks. Elec Equip 11.65 1° 58
N Y Stocks. Insurance 10.20 11 02
N Y Stocks. Macniner.v __ 12.60 1.3 60
N Y Stocks. R R Equip . 14 02 15 13
N Y Stocks Steel _ 13.85 14 95
North Am Bond Tr ctfs __ 58.875 63 l'>5
Nor Am Tr Shares _ 2 68
Nor Am Tr Sh 1955_ .3 40
Nor Am Tr Sh 1956 _ 3 .34 "
Nor Am Tr Sh 1958 _ 3 14 2" "
Plymouth Fund Inc_ 85 96
Quarterly Income Sh_17.14 18 78
Selected Am 8h Inc _ 1409 15 58
Spencer Trask Fund_ 20 57 21 ”1
Stand Am Tr Shrs_ 4 00 ~4 "3
Stand Util Inc _ 76 8"
Super of Am Tr A_ .3 92
Super of Am Tr AA_ 2 65 - - -
Super of Am Tr B_ 4 09
Super of Am Tr BB_ 2 65
Super of Am Tr C_ 7 73 "I
Super of Am Tr D_ 7 73
Supervised Shrs _ 13 86 13 07’
Trustee Stand Inv C __ 2 99
Trustee Stand Inv D_ 2 94
Trusteed Am Bk B _ 88 ' or '
Trusteed Industry 8hrs_ 144 160
Wellington Fund _ 19.14 20 99
-.
SHORT-TERM SECURITIES.'
(Reported by Chas. D. Barney ft Co.)
Bid. Offer.
Am. Tel. ft Tel. 5%s. *43 ...112% 113
Auburn Auto Co. 4%s. ’39_67% 76%
Bald. Lo Works 5s. '40_104
Cal. Pack. Corp. 5s. '40 .105 106
Caro.. Clinch. & Ohio 5s. '38.103% 104%
Ches. ft Ohio Ry. 5s. '39_107% 107%
Edis. Elec. Illu. 4s. '39_104% 106%
Gen. Pb. Stc. 6%s. '39 _102% 102%
Or. Rap. ft Ind. 4%s. '41_108 109%
Houston Oil 6%s. '40 .._102 102%
Int. Mercan. Marine 6s. ’41.. 80 81%
Int. Tel. ft Tel. 4%s. '39_ 79 80
Laclede Gas Llaht 6s. '39_ 93 93%
Lehleh Val. Coal 6s. '38 _ 97% 99
Lehlth Val. Term. Ry. 6s. '41.108 108%
Long Island Oen. 4s. '38 ..102% 103%
Lou. ft Nash. R. R. 4s. '40..106% 106%
Mich. Cent. R. R. 4s. '40 ___104% 105%
Mid. R. R. Of N. J. 5s. '40 .. 50% 61 %
Mil. ft Nor. R. R. 4%s. '39 90 96
N.Y.. C. ft 8t. L. 6% notes. '38 99% 100%
New York Dock 5s. '38 . .. 68% 60
N. Y.. Sus. ft West. 6s. '40 - 49
N. Y. Tel. Co. 4%s. '39 _107% 107%
Pac. R. R. of Mo. 4a. '38_100 100%
Pen-Dixie Cement 6s. '41_99% loo
Penna. R. R. Co. 4s, '43_107 112
Rio Gr. Western 4s. '39 . 70 72%
Sou. Bell Tel. ft Tel. 5s. '41.105% 105%
Ter. R.R. A. St. L. 4'sS. '39.106% 107%
Vanadium Corp. 5a. ’41 —102 1 02%
Vertientes Sug. Co. 7s. ’42_21 24
Wabash Rv. Co. 5s. ’39_94 V* 95
Warner Bros. 6s ’39 - 95 95%
West. N. Y. ft Pa. 4s. ’43_107% 107%
Wes. Union Tel. 6s. ’38_102 102%
MONET MARKET.
NEW YORK May 19 m —Call money
1 per cent all day: prime commercial
paper 1 per cent: time loans steady: 60
90 days. 1%: 4-6 months, 1% per cent;
bankers' acceptances unchanged: redis
count rata. Mew York Rosary* Bank.. 1%
wer gent.
Baltimore Markets
Sreclal Dispatch to Th« 8tar.
BALTIMORE, Md., May 19—Po
tatoes, old, 100-pound sack, 1.25al.90;
new, barrel, 2.50a4.25; 100-pound
sack, 1.40a2.50; sweet potatose, bush
el, 1.00al.50; yams, bushel, 75al.00;
asparagus, crate, 1 25a4.00; beans,
bushel, 1.50a3.25; beets, crate, 2.50a
2 60; cabbage, pointed type, hamper.
65al.25; carrots, crate, 2.75a4.00;
cauliflower, crate, 2 00; celery, crate,
1.75a2.50; cucumbers, bushel, 3.00a
4 50; eggplants, crate, 2.00a3.00; bush
el, 1.00al.50; lettuce, Western Ice
berg, crate, 1.50a4.00; Southern, Big
Boston, hamper, 50al.25; Lima beans,
bushel, 2.00a3.50; mushrooms, 4-quart
basket, 40a90; onions, 50-pound sack,
1.00al.75: peas, bushel, 1 25a2.15; pep
pers, crate, 1.75a3 00; bushel, 1.25a
2 00; radishes, nearby red tips, bunch,
lal’i; rhubarb, nearby, bunch. 2a4;
spinach, nearby, bushel, 30a50;
squash, bushel, 1.50al,75; tomatoes,
lug. 75a3 50; apples, bushel, 1.50a
2 50; box, 2 50a2.65; grapefruit, box,
2 00a3.25; oranges box, 2 00a4.50;
strawberries, quart, 6al2'2.
Dairy Market.
Poultry — Live poultry. broilers.
Rocks, pound. 24a25; mixed colors,
23a24; Leghorns. 20a22; fowl, Rocks.
19a20; mixed colors, 18al9; Leghorns,
15a 17; roosters, I0al2; ducks, 15al7.
Eggs—Current receipts, dozen, 19:2;
hennery, whites, large, 2012; medium,
1912. Receipts, 1,849 cases
Butter—Prints, pound, 34,2a35,2;
good to fancy creamery, 33a34; pack
ing stock. 16al7; rolls, 19a23. Re
ceipts, 1,098 tubs.
Live Stock Market.
Cattle—175; sales top, medium and
low good grades, 1.000 to 1.100 pounds j
steers, around 10.50: steady; cows,
mostly 25 cents higher than Tuesday |
and 50 cents above Monday: good
grades scarce; odd head to 8.00 or
above; plain and medium grades. 6 50
a7.50: bulk, low cutters and cutters,
4.75a6.25.
—u, iraitrs sieaay wnn ior
mer sessions this week; good grades,
I0.00al0.50 mostly; plain and medium,
7.50a9.50; culls, down to 6.00 or below.
Hogs. 400: demand broad at mostly
35 cents higher prices than Tuesday
on early rounds today and strong to
higher tendency than early at mid
session; good and choice 170 to 210
pounds, ll.85al2.10; early top, 12 10;
220 to 250 pounds and 140 to 160
pounds from 11.60a 11.85; heavy
weights down to 11.00 or below; 120 to
140 pound weights. 10.75all.25: good
packing sows, 10 00a 10.25; hogs from
doubtful areas not represented in
above prices.
Sheep. 275; generally steady- with
Tuesday; good and choice grades
Spring lambs, mainly from 69 to 78
pounds, 13 50al4 25; railroad deck
choice closely sorted on shipping ac
count. 14.35; most plain and medium
throw-outs, 9.50al2.00; virtually no
other classes on offer.
Sea Food Market.
Catfish, pound. 3a5; dressed, 7a8;
carp, 2a3; eels, 9al0; haddock. 8al0;
herring. 3a4; mackerel, 8; rock. 10a
12; white perch. 6a8; yellow, 8al0;
trout. 5a6: bluefish, 8al0; flounders,
12al5; croakers, 4a5; spots. 4a5; hard
head. 4a5; butter fish, 5a6; roe shad,
20a22; split shad. 15al8; buck shad,
15al8; soft crabs, doeen, 70al.35; hard
crabs, barrel, 3.50a4.50; crab meat,
pound, 25a45; shrimp, 15al8; clams,
large. 100, 90: Cherrystones, 60a65;
Little Necks, 50a55; frogs, each, 15.
Tobacco Market.
Quotations on old stock—Maryland
firm leaf, nondescript, 3a4: common,
4al0; medium, 10a30; good to fine,
red, 30a40; seconds, common, 3a7;
medium, good to fine, 15a35.
Grain Market.
Opening prices were: Wheat. No.
2 red Winter, garlicky, spot domestic.
1-42%: May delivery, 1.42%. Settling
prices were: Wheat. No. 2 red Winter,
garlicky, spot domestic, 1.42%; May
delivery. 1.42%.
Corn, No. 2 yellow, domestic. 1.25;
Western delivery at a premium over
this price. Cob corn nominal.
Oats, No. 2 white, domestic, 64a74;
No. 3, 63a73; except grain on track,
there is an additional charge of 1%
cents per bushel for storage and ele
vation on all sales of oats.
Rye, No. 2, 1.30al 35.
Barley, 93a98
Hay—Market holds steady to firm
under a good demand for timothy and
clover mixed at 17.00a22.00 per ton.
but it takes well-graded No. 1 stock
to bring the price. Poorer grades hard
to sell and market irregular on all
grades below No. 3 stock.
HOLDERS APPROVE PLAN
OF WORTHINGTON PUMP
By the Associated Press.
NEW YORK, May 19 —Stockholders
of Worthington Pump & Machinery
Corp. approved today Its proposed
plan of recapitalization by a vote of
more than two-thirds of each class
of stock. Each share of present class
"A” preferred stock, 7 per cent, will
receive 1 Vi shares of convertible 4 Vi
per cent prior preferred and a like
amount of non-convetible 4 Vi per cent
preferred, plus lVi common shares.
Present class “B” 6 per cent preferred
will receive Vi share each of the con
vertible and non-oonvertlble stock and
% of a share of oommon.
BOSTON WOOL MARKET.
BOSTON. May 19 (/FI (U. 8. Department
of Agriculture).—Wool was slow In the
Boston markei today and nominal quota
tions continued to show easing tendencies
from levels quoted last week.
Quotations were based largely upon
asking
from
got bo! _ ...
wars available.
I
A. & P. IS SILENT
, I
New Policies Held Likely as
Result of Supreme Court
Ruling.
By the Associated Press.
NEW YORK, May 19 —Great At
lantic & Pacific Tea Co. officials con
tinued silent today on the company's
plans for meeting the Louisiana chain
store tax. upheld by the Supreme
Court, but it was Indicated new poli
cies might be adopted in the near fu
ture.
The decision in the Louisiana case,
supporting the right of the State
to tax chain store systems on the basis
of total number of stores, rather than
the number operated within the State,
was likely, it was said, to speed up
plans for a readjustment of operations
to avoid what the management con
siders burdensome State taxes.
For some time the company has
been experimenting with various plans
in certain States to reduce tax liability.
In parts of the West some stores have
been sold to managers, with the com
pany serving as a wholesale distributor.
Whether this movement would be ex
tended or whether the company would
seek to get around the tax difficulty
by closing a considerable number of
units and establishing so-called "su
per-markets" could be learned.
The company’s non-voting common
stock suffered another sharp decline
on the New York Curb Exchange today.
It sold in small lots down to $89 a
share, compared with yesterday's clos
ing of $93.87. At this level it was off
about $8 a share since Monday and at
a new low for 1937.
U. S. TREASURY NOTES.
NEW YORK. May 19 dpi.—Prices quoted
In dollars and thirty-seconds.
Per Approx,
cent. Month-Year. Bid. Asked, yield.
3'« September 37 101.l 1013
28a February '38 .. 101.14 101.16 45
3 March '38_. 102.2 102.4 ,4(
2’. June ’38 __ 102.12 102.14 .58
2S September '38 102.7 102.0 75
I'a March '30 _ 100.20 100.22 1 12
2S June '30 101.31 1 o" 1 1 13
IS December '30 100.12 loo 14 1 2(1
IS March 40_ 100.23 100.25 1 34
IS June '40 _loo.o loo n i 38
I’a December '40 loo 100 2 1 4‘
IS March '41 . 00.30 100 1 50
IS June '41 00 15 00.17 1.4B
l‘.« December '41 08.25 08.2 7 1.5
Week’s Small Gain Lifts
Total 12.8 Per Cent Above
Year Ago.
By the Associated Press.
NEW YORK, May 19—Production
of electricity In the United States for
the week ended May 15 was placed at
2.194.620.000 kilowatt-hours by the
Edison Electric Institute today. This
represents an advance of 8 of 1 per
cent over last week's production of
2.176.383.000 kilowatt-hours and an
increase of 12.8 per cent over 1.947,
771-000 kilowatt-hours in the same
week a year ago.
The seasonal upturn left the Asso
ciated Press index of power produc
tion, with 1929-30 taken as 100. un
changed for the same week at 118.1,
compared with 107 8 in 1936. The in
dex is adjusted for seasonal and long
term trend.
The range for recent years follows:
1937. 1936. 1935 1934. 1933.
High-119.0 119 8 105.5 97 4 91 9
Low -116.3 102.0 94.1 91 9 80.2
The institute reported the following
percentage increases in the major
geographical regions of the country:
New England, 14.2; Middle Atlantic,
11.0; central industrial, 149; West
Central, 6.3; Southern States, 16.2;
Rocky Mountain, 24 8; Pacific Coast,
4.2.
INSURANCE STOCKS
NEW' YORK. May IP ,jp.—New York
Security Dealers' Association
. . „ /0 Bid. Asked.
Aetna Cas (2a >_ P7
Aptna Ins (1.80* _ 4 1 48
Aetna Life (.80a*_ °8*4
Am Equit (1 8oa>_ 38>a 4112
Am Reins ( 4ng>_ 4 13. 4334
Am Reserve Mai_ 2834 •-« 1.
Am Surety (21-a) _ So>4 .V"14
Automobile (la* _ 2P3 4 303.
: Balt Amer (.20a)_ 7*2 r*2
Carolina d.30* _«:ia4
i City of N Y <1.20* _I. 25
Conn Gen Life < 80*__ 3514 37
i Contin Ces (120) _ 2TJ4 •‘■pd
'Fid &. Dep (4*_ 12212 1 •’’7
Frank Fire (la*_ 30 30
Gen Reinsur <2* _ 42 44rk
Glen Falls <J.8f*t_ 42 44
! Globe A Pen (.80* __ 1P>2 -’l3*
Globe A Rut _ 58* a 82
Great Am^r Mai _ 2434 08>4
Hanover (1.80* _ 32 32 341,
Hartford Fire (2)_ 8834 8S34
Home Fire Sec_ 43a 534
Home Ins Mai_ 34 38
Homestead <1* _ is lpi2
Knickerbocker (.80)_ ]8>4 ]8*4
Lincoln Fire_ \ ■ 4 5
Maryland Cas _ _ 8 734
Mass Bond <332* - _ 57 5P>2
Natl Fire *2) __ _ _ 81* 82
Natl Liberty <.2<»a» _ s*2 pta
N Hampshire (1.80*_ 4.'> 3 2 4 7 *4
N Y Fire ( S(»a>_ 2'* 23
| Nor River *1; _ 25 2M3»
i Phoenix * 2a *_ 84 88
Prov Wash <1* _ 34 38
Revere <P> In <1.30*_ 2334 25*4
Rossia Ins ».80a)_ 1***2 12
St Paul Fire (8*_ 200 2(»5
Springfield <432a> _ 115 118
Sun Life i334g)_850 7(*0
Travelers (18) _ 457 487
U S Fire (2* 51 53
W*estch*\ster (1.20a*_ 3212 343^
a — Also extra or extras
g—Declared or paid so far this year.
RAILWAY INCOME.
NEW YORK May in i/p\.—Net operat
| inp income ibrfore fixed charge' and
■ other incomei of railroads reporting today
for the month of April included
inn? IMfi
Kan C South_S227.910 J'i.iA 507
A Compact, Complete
Program of Full
INSURANCE
May we advise you regarding
your needs, and arrange a com
plete coverage all in one unified
program? We handle all kinds
of protective insurance. ■ i
J. Blaise de Sibour |
and Company
1NSIRANCE BROKERS
1700 Eye St. N.W. NAtl. 4G73
FKEE BOOKLET
Home Financing
Phone, write or call for your copy of our free booklet showini
pictures of attractive homes, many with floor plans, ranginj
in price from $6,000 to $18,000, and giving information rela
tiveto:
1. Building your home for as little as 20%
down (cash or lot).
2. Selecting architect and builder.
3. Planning a home within your means.
4. Combining the first and second trusts into
a long term F. H. A. loan.
5. Refinancing to lower interest charges.
This booklet, with valuable information, is
yours for the asking
FREDERICK W. RERENS
MORTGAGE LOAN'S
Henrich Bldg., 1627 K St. N.W.
Phones National 8280-8281
Mortgage loan correspondent for six insurance companies.
REAL ESTATE
LOANS
on Improved Property
Monthly Payment Loans
or
Straight Three Year Loans
5%
INTEREST
Consult Real Estate Department
AMERICAN SECURITY
AND TRUST COMPANY
Main Office: fifteenth st. & Pennsylvania ave.
Branch Offices
7tn and Mass. Ave., n. w.
Eighth and H Sts., N. E.
Seventh and fc. St., s. w.
1140 Fifteenth St., N. W.
Member Federal Deposit Insurance Corporation
Member Federal Reserve System

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

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Evening star. [volume], May 19, 1937, Page A-17, Image 17
About Evening star. [volume] (Washington, D.C.) 1854-1972