Evening star. [volume] (Washington, D.C.) 1854-1972, June 01, 1937, Image 19

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Evening star. [volume], June 01, 1937, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 01 June 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-06-01/ed-1/seq-19/>

Newspaper Page Text

CURB LIST MOVES
; TO LOWER LEVELS
Shares Give Up Fractions
to $2 or More at Week’s
Opening Session.
By the Associated Press.
NEW YORK. June 1.—Curb market
shares gave up fractions to 2 or more
points today.
Losers were Aluminum Co., Ar kansas
Natural Gas. Cities Service, Electric
Bond & Share, Lake Shore Mines,
Gulf Oil, Carrier Corp., Cooper Bes
semer, Hudson Bay Mining. Pantepec
Oil, St. Regis Paper, United Wall
Paper. Wayne Pump and Wright Har
greaves. Newmont Mining was down
about 4.
Atlantic & Pacific gained more than
a point on announcement the com
pany would repurchase employes'stock
at $90 a share.
CURB BONDS
DOMESTIC BONDS.
High Low. Noon.
Ala Power 5s '51 _ . 934 934 934
AJum Co 5s '52 . _ 1004 100V, 1064
Am G A E 5s 2028__ 1074 107 1074
Am P A- L 0s 2016 _ 904 904 904
Am Radial 44s '47 . . 1054 1054 1054
Am Roll Mill 5s '48 1024 1024 102s,
Am Seat 0s ’36 sip . 105s, 105s, 105s,
Ark-La Gas 4s '51 1004 1004 1004
Ark P A- L 5s '50 _ . 974 974 97 4
As El Ind 4 4s '53 _ 50 494 494
As G A E 44s '49 . 43 434 474
As G A Eos ’50 _ 484 47 47
As G A E 5s ’08 _ 47 47 47
As G & E 54s lnv ct _ 77 77 77
As G A E 5 4s 7 7 . 544 54 4 54 4
As T A T 5 4s 55 A. 84 4 84 4 84 4
Bald L 6s ’38 J, Sin . 172 170 170
Bell Te C 5s ’55 A 114 114 114
Bell Te C 5s ’57 B _ 119 119 110
Bell Te C 5s ’00 C _ 119 119 119
Birmlng Gas 5s 59._ 704 70 704
Can No Pw 5s '53 A , 103 loo 103
Can Pac 0s 42 109s, ion 109
Caro Pw A Lt 5s '50 97 4 974 974
Cent 111 P S 5s '56 E . 104 103s, 10.0s,
Cen DPS 44s '07 F _ 974 97 97
Cent D1 P S 5s ’68 G _ 101 1004 1004
Cent I P S 4 4s 81 H _ 95 95 95
Cent Pw A Lt 5s 56 0!4 91s, 91s,
Cent St El 5s '48 53s, 534 534
Cen St P A L 54s 53 55s, 55s, 55s,
Chi Di El 4 4s 70 A 1054 1054 1054
Cities Svc 5s '50 .. 694 69 604
Cities S Gas 54s ’42._ 1110-4 1004 loo4
Cit S P A L 54s 53 04s, 644 644
Cit S P A L 54s 19 65s, 05s, 65s,
Comw Edis 5s '53 A... 112 112 112
Comw Ed 4 4s 50 C 111 111 111
Comw Ed 4s 8 F .. 1004 1004 1004
Comw Ed 3s,s '05 H 104 104 104
Com Pb Sv 5s '00 A_ 734 7.04 704
Comw Sb 54s ’48 A 1034 1034 1034
Comuty PAL 5s '57... 994 994 994
Cons Gs of B 5s '39 I074 1074 1074
Con G E L A P 3 4s '71 lol 4 1014 HH4
Cont G A E os 58 A 934 934 934
Det Cit Gs os '50 B . 100 1054 1051,
East G A P 4s 50 A 85s, 85 05
El Pw A Lt 5s 2030. _ 83 82 4 83 4
Emp Dis El 5s '52 90s, 00-4 90s,
Emp OAR 54s 43__ 81 4 804 so: .
Fed Wat 54s '54 714 774 774
Florida P A L 5s '54 904 904 904
Gary EAG 5s '44 sip xw HS4 984 904
Gatineau Pw 5s '50 1004 10114 1004
Gatineau Pw 0s '4 1 _ 101 10) 101
Gen Pb U 0 4s ’50 A 83 83 S3
Georgia Pw 5s '07 00 .00 H91,
Georgia PAL 5s '18 _ 73 72 72
Grand Tr We 4s '50 . 00', 004 994
Hall (WFi Os '47 sip 90 99 99
El Pw A L 0s '53 A . 1034 10:14 1034
111 PwAL 54s '54 B .101410141011-1
111 Pw A L 5s '50 C_. 974 964 904
Indnap PAL os '57 A _ 100 106 106
Intern Pw Os '48 A_ 04 04 04
Interst Pw 5s '57_ 53 52 52
Interst Pw 0s '53 . _ 38 37 4 37
Interst P 8 5s '50 D 70 4 79 4 79 4
Interst P S 44s '58 F . 75 74s, 75
lowa-N LAP 5s '57 A._ 1004 loo 100
Iowa-N LAP 5s '01 B . 101 10] 101
Iowa PAL 44s '58 A 100 106 106
Kan Pw Co 5s ’47 A__ 103 102 102
Kentucky Ut 5s 61 05 85 85
Kentucky U 5s '60 I . 82 4 82 4 82 4
Ken U 64s '48 D 994 99'.. 994
Kimberly C os '43 A_102 lol’, 102
Lehigh P S Rs 20-;fi A 102 4 102 4 103>',
Libby McNAL 5s '42 .. 104s, 104s, 104s*
Long Is Lt 6s '45 . 105 105 105
La Pw A Lt 5s '57 .. 105’a 1054 105Vi
Mem P A L 5s '48 A _ 91 91 9]
Midlan V RR 5s 43 004 904 904
Mil GAE 44s '67 _ 100 100 100
Minn PAL 44s '78 _ 984 984 904
Miss Pow 5s '55 _ 79 79 79
Miss Pw A L 5s 57 _ 8.5s, 85s, 85s,
Miss River P 5s '51 . 1084 1084 1084
Nat P A L fis 2026 A 84 4 83 4 83 4
Nat P A L 5s 2030 B.. 754 75 75
Nat Pb S 5s '78 cod 44s, 44s, 44s,
Nebr Pw 44s '81 A._ 108 108 108
Nebr Pw fis 2022 _1 1 7s, 11 7 s, 11 7 4
Neisner Bros fis 48 _ 104 104 104
Nevad Cal Ed 5s '5fi__ S14 014 814
New Ams Gas 5s '4« . 11 7', 11 7 1, 117',
New E G A E 5s '47 0S4 ns', 08’,
New E GAE 5s IS 084 08 RS’.,
New E GAE 5s '50 08 4 08 0.8
New E Pw 5s '48 9114 00 90
New E Pw 54s '54 934 91s, 91s,
New Or PS fis '4 9 A 7 7 77 77
NY PAO 44s 50 stp 108', 108', 108',
NY P A Lt 44s '07 105s, 105 4 105 4
N Y S EAG44S 'SO .lOd'.ioo 10114
No Ind PS 5s ’00 C . 101s, 101s, 101s,
No Ind PS 44s '70 E 964 904 904
Norw El 0s '45 sipri . ]u14 1114 1, 1044
Nnrthw P S 5s '57 A 99s, 09s, 99s,
Ocden G Co 5s '45 _ 1110s, loss, 108s,
Ohio Pub S 5s '54 D _ 103s, 103s, 1034
Okla N G 44s '51 A . 97'. 974 97 4
J*ac G A E Os '4 1 B 1 1 O' a, 1 1 04 1 I 04
Penn C LAP 44s '77 . 0.3',' 03 93
Penn El 4s *7] F 90 89’, 894
Penn O E 54s ’59 B 90 954 954
Penn O E Os '50 A ... 1004 100', 1004
Penn P Svc Os '47 C 1064 106' . 1064
Perm GLAC 4s 'SIB. 904 904 <104
Peop LAP 5s '79 ... 18 17s, 18
Fhlla El P 54s '72 ... 1094 m04 109'i
Pitts Coal 6s '49 ... . HIT HIT 107
Pub Ser N J 6s ctfs... . 133 4 133 4 1334
Pub S No 111 5s '56 1 104 1 10', 1 104
Pub S N I 44s 'S11 E 1034 10.3', 1034
Pub S N I 44s '81 F 10.3 4 10.3 4 10.34
Pug S PAL 54s '40 A 794 794 794
Pug S PAL 5s '50 c 764 764 764
Pug 8 PAL 4 4s '50 D . 73 4 72 4 724
Quee GAE 5 4s 53 A 105 105 105
Bate H Wa 44s '79 .__ 1 07 4 1 07-4 1 07 4
Ban An PAS 5s '58 B _ 104s, 104s, 104s',
Shw WAP 44s '67 A. _ _ 1024 1024 1024
Bhw WAP 44s ’68 B - 1024 102 1024
B E PAL fis 2025 A ... 94 934 934
Bou Cal Ed 3s,s -fin _ 1 02s, 102s, 1934
Sou Cal 3s,s 00 B 1074 1034 102*4
Bou C*1 E 4.s 'RO 1004 1004 1064
Sou Co Gas Cal 4 4s 'RR 104 104 104
Sonw LAP 5s '57 A 1024 1034 102'',
Bouw Pb Svc Rs '45 A 103 1034 102s',
Bid GAE fis'fifi B - TO', 704 704
?tand Pw A Lt fis '57 63 62 62
enn El Pw 5s '56 . 81', 81 81
Texas Elec 5s '60 101 101 101
Tex ”w A L hs '56 1054 1054 1054
Tide Wa' P 5s '79 A 94s, 94s, 944
Twin C R T 5'4s '52 A 79 764 79
Unit LtAPw fis '75 7.3'* 72 4 724
Unit LiAPw 6 4s 74 7 5 75 75
Unit LAR M 0s '73 A .. 72 72 77
Utica GA-E 5s '57 E 107 107 107
Va Pub S 54s '40 A 97 4 90 4 9 0 4
Wash Gas Lt- 5s '58 1054 1054 105s,
West News P 6s '1 50 50 50
West 'Pa 5s 7030 98 08 98
West T Ut 5s '57 A . 92 914 914
Wis-Min LAP 5 s 44 107 107 107
Wis PAL 4s '50 A 954 954 954
FOREIGN.
Cauca Val 7s '4s. 14s, 14s, 144
Cent Bk Ger '51 B 254 254 25'/,
Cuban Te 74s '41 A ion', 994 100'-,
Danish Con 5s 53 984 984 984
penm Ml B 5s '72 lx 09 90 99
Erce M El 04s '53 A 70 694 094
Ger Con Mun fis '47 ._ 204 20s, 204
Its! 8u Pw H, fi.3 A 55 544 54s,
Pied El fi'?s 'fill A - 71 70 70
Russian 54s '21 mat 14 14 14
Sauda F Ltd 5s '55 A 1104 1104 1104
Teml-Sor 04s '53 A 094 09 004
Unit Ind Corn fis '45 __ 71', 71 71
TT. S. TREASURY NOTES.
NYTW YORK. June 1 i/pi.—Prices jauoted
rn dollars and thirty-seconds:
Per Approx
eent. Month. Year. Bid. Asked, yield'.
3’«s Sept.. 1037_ini ini.2
2%s Feb . 1938 ___ 101.15 101.17 ‘.12
3s Mch., 1938 _ 102 102 2 37
2%s June. 1938 _102.13 10° 15 'is
2%s Sept.. 1938 _ 102,11 102 13 'fio
1%" Mch. 1939 _ 109 24 100"R 1 04
2%s June. 1939 _ 102.1 102 3 1 09
l%s Dec., 1939 . inn is inn 17 i m
l%s Mch.. 1940 _ion.25 inn 07 j
l'/ia June, 1940 _ 100.11 10013 136
lVis Dec. 1940 _100.3 1005 145
l'-is. Mch.. 1941_ 100 1 100 3 1 48
lfti June. 1941_ 99.17 99.19 1 48
lVis Dec . 1941 _ 98.31 99.1 1.47
FOREIGN EXCHANGES.
TOW YORK. June 1 m.—Foreign ex
efeange mixed: Great Britain in dollars,
others in cents Great Britain demand.
4B2%: cables. 4.924,: 60-day bills. 4.91%:
France demand. 4 45%: cables, 4.45%
Italy demand. 5.26%; cables. 5.26%.
Demands—Bt'gium, 16.86: Germany
gee 40.13; registered. 20.10; travel. 24.20;
Holland. 54.98: Norway. 24 76: 8weden
25.40; Denmark. 22.00; Finland. 2 19
Bwltierland. 22.81: Spain, unnuoted; Portu
gal. 4.49V. Greece. 0.91; Poland. 18.97:
Cgechoslovakla. 3.49: Yugoslavia 2 34
Austria. 18.75n; Hungary. 19.80: Rumania
0 .5: Argentina 32.87n: Brasil. 8.80%n:
Toklo. 28.73: Shanghai. 20.90: Hongkong.
30.46; Mexico City. 27.85: Montreal in
100.00: New York in Montreal
100.00. n—Nominal.
TRANSIT REVENUES UP.
NEW YORK, June 1 OP).—'The
Transit Journal reported revenues
of the Industry in the week ended Msy
33 were moderately increased over the
•ame week last year, lifting its index
1.73 per cent to 103.73.
Inspiration Consolidated Copper
Oo.—Company has lowered wages of
miners 35 cents a day.
NEW YORK CURB MARKET
By private wire direct to the Star.
All timr shown below ii daylight laving
an which the Exchange ia now operating.
2 :.30
Stock and Soles—
Dividend Rate. Add 00. High. Low. Close.
Aero Supply B 2 4 34 34
Ainsworth b25c_ 4 144 14', 144
Air Investors_ 1 34 34 34
Air Invest cv pf.. 1 27 27 27
Ala Gt South (3). 50s 784 784 784
Alabam Pw pf(7) 140s 68 67 67
Aluminum of Am 250s 148 147 147
Alum Am pf (6)_.100s 1174 1174 1174
Alum Goods b25c. 5 17 17 17
Aluminum Ltd... 100s 111 109 109
Am Box Bd b45c.. 2 20 194 20
Am Centrifugal . S 34 34 34
AmCP&LAww24, 1 344 344 344
Am C F&L B a2flc 3 34 34 34
Am Cynm B t60c. 12 314 314 314
Am & For Pw ww 2 24 24 24
Am G&E (1.40)_ 8 324 32 32
Am G&E pf (6)__. 25s 106 106 106
Am Gen (a50c>... 12 94 94 94
Am Hard Rub al. 100s 204 20 204
Am Laund M SOc. 1 26 26 26
Am L&T +1.20_ 8 194 194 194
Am Mfg (a3)_ 25s 494 494 494
Am Maracaibo_ 14 14 14 14
Am Meter (b75c). 1 45 45 45
Am Superpower.. 13 14 IS IS
Am Superpwr pf. 3 304 304 304
Angostura (120c). 4 64 64 64
Appalch E P pf 7. 30s 108 106 108
Arrturus Radio.. 6 Hi 14 14
Ark Nat Gas_ 10 7'., 74 74,
Ark Xat Gas (A). 16 74 74 74
Ark P & I. pf (7). 10s 764 764 764
Art Met W (SOc)_ 1 124 124 124
Ashland Oil t40r. 7 64 64 64
As E I Lt b36 2-5. 1 114 lit, Hvii
Asso Gas * Elec.. 1 14 14 14
Asso G&E (A) 38 24 24 24
Asso G & E t5 pf. 2 204 204 204
Atlas Corp war... 6 24 24 24
Axton-Fisher A.. 40s 31 31 31 |
Bald L, bd rts(d). 8 24 24 24
Barlow&S A 1.20. 150* 164 164 164
Barium Stain St 1. 3 44 44 44
Ba n L7Co 1st a?..-25* 80 80 80
Beech Aircraft __ 3 34 34 34
Bell Tel Ba pf 64 20* 114 114 114
Berkey & Gay_ 9 24 24 24
Berk & Gay war _. 9 14 14 14
Bickfords (1.20).. 2 134 13*, 134
Bliss (EW)- 3 15 144 15
Blue Ridge cv 3_. 5 46 46 46
Bohack(HC)_ 25s 7 7 7
Bohack UC 1st pf 10s 36 36 36
Bower Roll B(2)_ 4 284 274 274
Bow n-Bilt 2d pf _ 1 44 44 44
Brazil TL&P b90c 6 24 234 24
Breeze Inc(a75c). 5 104 ]0», 104
Bridgpt Mch b25c 6 174 174 174
Bright Star El B_ , l 4 4 4
Brill Corp (A)-f 1 10 10 10
Brill Corp(B) _ T 1 4 4 4
Brown F*Wb30c 2 14 134 134
Brown F&W A 2_. 1 264 264 264
Brown Co pf . 1050s 74*, 724 734
Buckeye P L (4). 200* 474 474 474
Cable&Wire A_ 1 14 14 14
CanlndAlcoA_ 3 54 54 54
Can Marconi _. 2 1*, 14 14
Carib SyndtbSOc) 10 14 14 14
Carnegie Metals.. 1 24 24 24
CarrierCorp 18 464 454 454
Casco Prod b2 4-• 2 314 30 314
fatlin <a40c) _. 1 6', 6*, 64
< "elanese 1st f7 25* 1224 1224 1224
Celluloid pf . .100* 484 474 48 "
Cellul’d 1st pf b2. 10s 100 100 100
Cent Oh Stl b50c 1 154 154 154
Cent r & L, 7% pf
(h3.06 4) _ 25s 82 82 82
CentStatesEl_ 6 14 14 14
Centrif P t40c_ 3 54 54 54
Cherry Burl (4) .. 50* 79 784 79
Chesebrou*h(t41. 50s 117 117 117
Chi Flex Shft I 4) 50s 63 63 63
Chief Con Mining 1 14 14 14
Childs Co pf_ 225s 88 874 88
Cities Service_ 24 34 3 3
CitiesServpf_ 1 474 474 474
Cit Sv P&R JS pf. 50* 49 48 48
Cit SvP&L *7 pf. 60s 54 54 54
City Auto <t60c)_ 2 94 94 94
Claude Neon Lts. 3 24 24 24
Cleve Tractor .. 1 13 13 13
Club Aluminum.. 2 14 14 14
Colon Dev Ltd_ 18 64 64 64
Colon Dev 6% pf. 1 44 44 44
Colo Fuel&I war. 1 134 134 13",
Colts P F A b75c. 1 6O1.1 604 60V*
Col G&E cvpf(o). 25s 69 69 69
Col O & G b20c... 20 64 64 6",
Col Piet ( + 1)_100s 33 324 324
Comwlth Dist. ... 2 14 14 14
Comwdth & S wr_, 19 4 4 4
Comuntv PS fl—. 60s 27 264 27
Comp SM stc tl~ 2 15 15 15
Cons Aircraft_ 4 24 24 24
Cons Biscuit S0c_ 16 6 6
Consol Copper _ 11 94 84 94
CGEL&PBoSfiO 3 70 4 704 704
Con G Bo pf A (5). 30s 114 114 114
ConsGasL’til ... 3 24 24 24
Con Min&Sm 12.. 200s 79 79 79
Consol Steel_ 3 104 104 104
Cooper Bessmer.. 5 25 244 244
Copper Range 2 114 11 11
Copperweld 11.20. 1 32", 324 324
Cord Corp ._ 6 34 3 3
Corroon & Reyn.. 5 5", 54 54
CosdenOilid)_ 3 14 1", '14
Creole Pet 150c .. 4 334 33", 33",
Crockei-Wh aide. 1 13 13 13
Croft Brewing_ 10 ", ",
Crown Cent afic . 4 2 2 2
Crown Dr (b20c>. 15 34 34 34
Crown Drgpf 14 50s 214 214 214
Crystal Oil R pf 300s 94 84 94
Cusi Mex Mining. 17 -fl, 4 4
Darby Pet f50c)_. 6 12V, 12 124
Dayton Rubber _ i 3 234 234 234
Derby Oil & Ref..l 6 64 64 64
Detroit Gask tl-_ # 4 17 164 164
Det Gaspf 1.20._.r 2 174 17", 174
Detroit Gr I (n)..f 12 3 24 24
DetfMichlStove-.'t 1 54 54 54
Det Pap Pr t25c..K 1 64 6-4 64
Distill Ltd h27c . ■ 5 284 284 284
Domin Steel_. ■ 3 184 184 184
Dow Chem (t3)._W 1 129 129 129
Dubelier Conds 2 34 34 34
Duro Test (40c)..Bt 1 54 54 54
Duval Tex a50c_V 18 8 8
Eagle P Ld h20c..‘,r 8 19 184 184
Kastn G&F Asso. 3 6 6 6
Kstn G&F A pf 3 50s 41 44 44
EstnG&F p pf4 4 25s 584 58Vi 584
Estn States Pw 14 4 4
Easy W M B b25c. 1 9 84 9
Eisler Elec ta5c). 12 24 24 24
El Bond & Share. , 60 17 154 164
Elec. B&S pf(5)__ 1 574 574 574
El B & S pf (6)_r 3 70 684 684
El P&L 2d pf A... 20s 57 57 57
Electrol Inc v t c. I 34 34 34
Kmp Pw pt b50c.. 200s 30 294 294
Emsco Peril ... 2 15 15 15
Equity Crp a25c.. 26 2 2 2
Europ'n El bd rts. 3 4 4 • Vi
Evans Wall Ld 3 14 14 14
Ex-Cell-O (b20c). 1 21 21 21
Fansteel Metal. 1 14 14 14
Ferro Enam b?5c. 1 384 384 384
Fiat cts (a93 4c). 1 134 134 134
Fidelio Brewery.. I 4 4 4
Fire As Phila t2 . 20* 714 714 714
First N S 1st. pf 7. 20* 1114 1114 1114
Fisk Rubber_ 2 134 134 134
Fla PAL pf._100s 42 42 42
Fordt Can)A(1)_ 3 234 23 234
Ford Ltd b21e ... 4 64 64 64
Fox(P)Brew 80c. 2 104 104 104
Froedt (20c) _ 2 114 114 114
Froedt cv pf 1.20. 150* 18 18 18
Gen Alloys_ 14 4 4
Gen Fireprf b25c. 1 184 184 184
Gen Invest_ 1 14 14 14
Gen Tele (b25c)_. 1 164 164 164
Gen Tel cv pf (3). 3 48 48 48
Gen Tire & Rub - 3 274 27Vi 274
GenT&Rpf A(fi) 10*101 101 101
Georgia Pw pf 6-. 60s 754 754 754
Glen Alden (tl>— 3 114 11 11
Goldfield Con%ol— 8 D, & 4,
Gorham vtc it 1). t 2 244 244 244
Grand Natl Flms. ’ 2 24 24 24
Grand Rap V (1). 1 134 134 134
Gray Tel P S (1). 2 174 174 174
GrtA&PTnvt6-210s 87 85 86
Grt AAPT lstpf7. 60* 1234 1224 1234
Greenfield TAD_ 1 14 14 14
GrocStrProd__ 16 6 5
Gulf Oil (b25c)— 21 554 64 664
Harvard Brew-* 1 14 14 14
HatCorp B 80c-„B 1 11 n n
Hearn D S bl.65_.P 4 144 14 14
HeclaMinb46c_."I 1 174 17 17
Helena Rub’st'n-. 2 74 74 74
Heller pf ww 14.100* 23 23 23
Hewitt Rub b50c- 1 154 154 154
Heyden Ch (12) __ 1 40 40 40
Hoe A Co IncCA). 1 26 25 25
Hud Bay M b75c-. 6 29 28 284
Humble Oil(14). 7 774 77 774
Hygrade Food P-. 1 34 34 34
Illinois Iowa Pw. 2 74 74 74
111 Iowa P pf 24_ 8 30 294 294
111 Iowa P d ctfs.. 1 104 104 104
Imp Oil Ltd t50c- 4 204 204 204
Ind Pipe L b30c_ 2 11 11 11
Indus Fin vtc_ 4 1 1 1
Ins Co No Am f2- 60s 65 66 66
Inti HAL Ltd_ 1 24 24 24
IntlHESAwar. 1 4 ** 4
Inti Hy El S pf... 6 30 384 284
Inti Pete*(tl4).. g 7 854 86 85
Inti Product*- 1 64 64 64
, 2:30
Stock and Sales—
Dividend Rate. Add 00. Hlrh. Low. Close.
Inti Util (B)_ 3 IS 1% m
Inti Vita (50c) ... 1 6y4 6% 6%
lnterst P Del pf_40g 9 8% 9
InvRoyalty t6c— 1 ft ft ft
Jacobs Co (b50c). 3 15% 15% 15%
Jer C P&L pf 6_20s 81 81 81
K-RT&L b376c.„ 1 20% 20% 20%
Kinds C L pf B 7. 10s 68 68 68
Kingston Pr 40c— 7 5% 5 5%
Kirby Tet (20c)_. , 3 7 7 7
Kirkland L G 6c—S. 1 1% 114 1%
Knott Corp blOc—l 1 10% 10% 10%
Kreuger Br (tl)-9’ 1 16% 16% 16%
Lake Shore (14)- 10 60 48% 48%
Lefcourt pf a75c_ 1 13% 13% 13%
Leh CoalftN 30c_. 29 8% 8% 8%
Leonard Oil_ 4 1% 1% 1%
Lion Oil Ref (1)_. 83 26% 25% 25%
Lockheed Air_ 6 12% 11% 12
Locke Stic 180c- 2 14 14 14
Lone Star G 80c— 1 10% 10% 10%
Long Island Ltg- 2 3% 3% 3%
Long I L pf A(7)_ 10a 81 81 81
Louisana Ld 40c_. 33 12% 11% 12%
McCord Rad (B)_ 1 84 84 84
Mangel Stores_'3 7 fi11* p 64
Margay Oil a50c_. 4 1 28 » 28 28
Massey Harris... ’ 7 124 124 124
Master Elec (1) 2 244 24 24
Merritt Chap & S. I 64 64 64
Merritt C&S pf A. 60s 654 65V* 654
Mesabi Iron _ 4 H H -ft
Mex-Ohlo Oil_ 2 2 2 2
Mich Bumper_ 4 24 24 24
Mich Gas & Oil -. 3 8V* 8V* 8V*
Mich Stl T P b25c 4 12V* 12V* 124
Mich Sugar- 3 14 14 14
Mich Sugar pf_g 2 74 74 74
Mid Sta Pet (A)..f 1 44 44 44
Mid Sta P vtctB). 1 14 14 14
Midl'd Stl Prod 2. 1 204 204 204
Midwest Oil(tl)- 10 104 10 10
Minn M&M b40c-450* 364 35 364
Mock Judson 60c_ 2 124 124 124
Molybdenum_ 3 84 84 84
Mont Ward A( 7). 20* 136 136 136
Mount C <a21c) 3 12 114 12
Mount Prod(60c). 2 6'* 64 6V*
Nat Auto (bl)_* 2 304 304 304
Nat Baking_* I 134 134 134
Nat Bellas Hess.. J 4 2 14 14
Nat Contnr (1)__ I 2 124 124 124
Natl City Lines., f* 6 16 16 16
NatlCitvLpf ..’1 9 44 44 44
Nat Fuel Gas (1). * 2 15 15 15
Nat Leather-% 1 4j tt 4
Nat Rub M a20c.. * 2 134 134 134
Nat Sugar N J (2). 6 244 244 244
Nat Union Radio. 3 2 2 2
New Hav Cl'lVi_ 1 19 19 19
NJ Zinc (t2)_ 200s 78 774 774
New M&A I.d ale. 2 24 24 24
Newmont (3)_ 2 104 104 104
N Y Tel pf (64)- 200s 1114 1114 1114
NY Shtpbldg_ 1 74 74 74
NY Water Sv pf. 10s 354 354 354
Niag Hud Pw(n)_ 6 124 114 114
Niag S Md B a60c 1 114 114 114
Niag H P 1st pf 5, 25s 86 86 86
Niles-Bemenu 2). 6 474 454 46
N'ipissing (50c)-_ 1 24 2', 24
Noma K1 (b40c).. 1 64 64 64
North Am L&P. 4 34 34 34
Nor Am L&P pf , 200s 554 55 554
No A Ray A bfiOc. 1 414 414 414
Northn Kuro Oil.. 6 4 ft ft
7' : L States P A— 2 214 214 214
Ohio Brs B h75c - 150s 594 58 594
Ohio Oil cu pf ( 6). I 108', 108', 108',
Ohio I'wr pf (6J_. 10s 109s, 109', 109",
OklaNatGas_ 4 134 124 124
Oldetyme Dist __ 7 34 34 34
PacG&Elst 14- 3 29 s 294 294
Pac P&L pf (7 ) 10s 68 68 68
Pan-Am Air (tl). 1 63 63 63
Pantepec Oil — . 57 8V* 74 84
reninTar Tel 1.60 50i 26 26 26
Pennroad (a25c). 14 4 34 34
ra P&L pf (7)_ 50s 89 89 89
Ta Salt (b3 4 ) - - 25s 176 176 176
Pepperell Mfg tfi. 50s 120 120 120
Perfect Circle t2_ 100s 324 324 324
Phila Co (h45c) — 1 11 11 11
Phoenix Secur_ 2 94 94 94
Pierce Gov hl5c_. 4 254 244 244
Pines Wintfrt(n). 1 24 24 24
Pioneer Gold 40c. 3 34 34 34
Pitney Bow t40c_ 2 74 74 74
Pitts BL&E 14— 25s 414 414 414
Pitts Forging — 2 194 19s* 19**
Plus * L E b4 130s 1014 101 101
Pleas Val W blOc. 2 14 14 14
riough Inc 1.20._ 1 16 16 16
Totrero Sugar_ 1 2J, 24 24
Premier G tl2c— 8 24 24 24
Producers Corp 16 4 4 4
Propper McC (d). 1 4 4 4
Prosperity Bal 4. 1 134 13V* 13V*
rubSvclndpf . 10s 20 20 20
Pug Sd P&I J6 pf. 175s 30 30 03
Quaker Oats (5). 60s 110 109 110
Raymd Con (tl). 100s 39 384 384
Raym'd Con pf 3_ 250s 484 484 484
Red Bank . _ 3 134 134 134
Reed Roll B tsnc. 1 35 35 35
Reliance El b50c- 2 234 23 23
Reiter Foster. __ 11 4 4
Reybarn (blOc) — 4 44 44 44
Reynolds Invest- 4 14 14 14
Rlchmd Radiator. 2 4s* 44 44
Root Tet (b25c)_. 2 6 6 6
Ryan Consol 1 54 54 54
Ryerson&Ray nes 1 44 44 4',
Rustless I & Sti— 2 134 134 134
St Regis Paper .. 15 84 84 8s*
St Regis Paper pf 75s 100 100 100
Schiff Co new(2). 2 254 254 2514
Scovill (b50c) — 100s 42 42 42
Segal Lock & H— 3 24 24 24
Seizerling Rub_ 2 74 74 74
Selected Indus_ 11 24 24 24
Sel In all c.tf 5 Vi . 50s 1014 1014 101'*,
Sel In pr pf(54)_ 100s 99s, 994 994
Sefton Leath a50c. 1 8s, 84 84
Seversky Air_ 8 4 34 4
ShattuckDen_ 3 184 174 18
Sher-Will ( + 4)... 100s 125% 125% 125%
Sher-Will pf (5).. 20s 110 110 110
Simmons H & P_ 14 4 4
Solar MfgiblOc). * 1 5% 5% 5%
Sonotone (alOc)..® 4 1% 1% 1%
Soss Mfg (50c)-..* 1 6% 6% 6%
SoPaOil (tl%)-.■* 2 44% 44 44
South Union Gas- * 3 3% 3% 3%
SoutI'd Roy b20c- 8 10% 10% 10%
Stand Dredging . 1 4% 4% 4%
Stand Inv pf ww_ 100s 44% 44% 44%
Stand Oil Ky tl - 3 19% 19% 19%
Stand Oil Ohio tl. 1 36% 36% 36%
Stand Pwr & Lt_ 2 3% 3 3
Stand Prod b25c-. 2 18% 18% 18%
Stand S&L (4c). 8 fc * *
Stand Tube (B) . 3 5% 5% 5%
Std WholePh 1.20 50s 19 19 19
Starrett Corp vtc. 5 5% 5% 5%
Slerchi Bro 1 st .1. 50s 37 37 37
Sterling Inc+20c. 1 5% 5% 5%
Sullivan Machine. 2 21 21 21
Sun Ray Dr t80c_ 1 17% 17% 17%
Sunrav Oil (b5c)_ 5 4% 4% 4%
Sunshine Mln(3). 8 20% 19% 20
Swiss Am El pf__ 50s 113% 113% 113%
TagRartCorp_ 11 11** 11% 11%
Taylor Dlst 30c_ 6 3% 3% 3%
Technicolor a50c. 38 26% 26% 26%
Tech Hughes t40c 2 5 5 5
Texon Oil&L S0c. 2 5% 5% 5%
Tob&All Stks bl_ 1 50s 61% 61% 61%
Toledo Ed pf 6... 60s 99 98 98
Trans-Lux t20c._ 2 4% 4% 4%
Transwest Oil Co. 5 11% 11% 11%
Tubize Chatil ... 9 25 24% 24%
Tubize C(A)a2%. 1 75 75 75
Tung-Sol Lamp._ 2 6% 6% 6%
FnG Can b27 %c. 1 13% 13% 13%
Unit Gas Corp_ 45 9% 8% 9%
Unit Gas war_ 1 2% 2% 2%
Unit Gas pf b3 % . 1 110% 110% 110%
Unit L & Pw pf A 2 5% 5% 5%
Ut P&L pf b37 %c 2 40 39% 40
Utd Milk P pf t3_ 25s 65% 65% 65%
Utd Pr Sh pf (1).. 1 11 11 11
Utd Prof Sh alOC. 2 1% 1% 1%
Utd Shipyds B __ l 2% 2% 2%
Utd Shoe M t2%. 125s 88% 88 88
U S Foil B (1).__. 4 13% 13% 13%
U S& Inti Sec_ 1 1% 1% 1%
U S Rub Reclaim. 4 6% 6% 6%
U S Stores_ 2 fltfc fir
Unit Stores vtc... 1 % % %
Unit VerdEx(l). 35 4% 4% 4%
Unit Wall Paper.. 10 4% 3% 3%
Utilities P&L(d). 1 % H %
Utilities Indus_ 1 % % %
Valsparvtc_ 2 7 7 7
Valspar pf vtc 50s 58 58 68
Va Pub Svc pf 7_20s 83% 83% 83%
Walkar Mining... 1 2% 2% 2*4
Wayne Knit Mills 3 7% 7% 7%
Wayne Pmpbl%. 9 46 45% 45%
Weisbaum BB 40c 1 8% 8% 8%
Wentworth bloc.. 7 5% 6% 5%
W Va Coal & C_ 2 4% 4% 4%
Westn A E(a25c). 3 8% 8% 8%
Westn Cart pf f6. 25s 102% 102% 102%
West Tex Ut pf 6. 10s 85 85 85
Wevenburg Shoe. 1 14 14 14
WIUOil-O-Ma50c 1 7% 7% 7%
Wilson-Jones n.. 2 21 21 21
Wolvr Tube b20c. 2 14% 14 14
Woodley Pet t40c 1 8% 8% 8%
Wright Harg t40c 6 6% 6% 6%
Yukon Gold al3c. 2 2% 2% 2%
Dividend rates in dollars based on last
puartly cr semi-annual payment. tAn
nual rate—not Including extra a. -Ac
cumulated dividends. a Paid last year,
b Paid this year, d Companies reported aa
being in bankruptcy or in receivership, or
being reorganized under the bankruptcy
act or securities assumed by such com
panies.
Drastic Scaling Down of
Debts and Fixed Charges
Proposed.
By the Associated Press.
NEW HAVEN, Conn., June 1—Di
rectors of the New York, New Haven
& Hartford Railroad Co., only major
Eastern railroad forced into trustee
ship by the depression, proposed today
a plan of reorganization drastically
scaling down debts and slicing fixed
charges in half.
Edward G. Buckland, chairman,
said the plan, filed simultaneously
with the Interstate Commerce Com
mission in Washington and the United
States District Court here, "makes it
evident that, except for possible aban
donment of unproductive branches,
the integrity of the system as a whole
is to be maintained."
The "New Haven’s" position in the
transportation fiejd between Boston
and New York, linked to virtually
all Southern New England by the
road’s 2,000 miles of track, "is in no
way impaired by the reorganization,"
Buckland said.
Determination Cited.
The veteran board chairman de
scribed the "outstanding feature" as
“the plain determination of the di
rectors to restore the credit of the
company to a high plane and reduce
fixed charges to such a point as to
prevent any recurrence of Its present
financial embarrassment.”
“Fixed charges have been reduced
approximately one-half,” he said.
“Adequate meaas have been provided
for future financing. So far as com
patible with public interest, due recog
nition has been given the rights of all
creditors and stockholders.”
Before it becomes effective, the plan
must be approved by the I, C. C. and
confirmed by the Federal Court.
The half billion dollar railroad, its
lines running through one of the
most densely populated sections of the
country, began reorganization pro
ceedings October 23. 1935. After
mounting deficits and obligations
made it impossible to obtain further
loans to ease its precarious financial
position. Since then it has been
operated under the control of three
court-appointed trustees, among them
President Howard S Palmer.
New Stock Planned.
The plan contemplates a new $243.
837,000 funded debt structure under
which fixed charges, aggregating $20.
329,920 in 1935, would be whittled
down to *9,942.909. New stock would
be issued to replace present common
and preferred shares.
Buckland said recent studies have
indicated the reorganization railroad
will have an annual Income of *14.
000,000 available for fixed charges, as
compared with 1936 income of *12,
227.467.
Of the *14.000.000, he said, $12,000,
000 will be available for the fixed in
terest of $7,872,172 on funded debt.
Directors also advocated the
"New Haven" take over by merger
three lines until recently operated
as part of its system under leases.
They are the Hartford Connecti
cut Western, the Old Colony and
providence, Warren & Bristol Rail
roads.
It wax also proposed the reorganized
corporation assume the lease of the
Boston and Providence and retain
leases of the Norwich & Worcester,
the Providence and 'Worcester and
Holyoke & Westfield.
--m - . ■
MERCANTILE EXCHANGE
OBSERVES ANNIVERSARY
P» - he Associated Press
NEW YORK, June 1.—Today marks
the sixty-fourth anniversary of the
New York Mercantile Exchange, origi
nally formed as the New York Butter
& Cheese Exchange.
Under special legislative charter
from the State of New York, the
organization specializes in the execu
tion of spot and future contracts in
butter, eggs and graded dressed poul
try.
SHORT-TERM SECURITIES.
iReported by Chas. D. Barney A Oo.1
Bid. Offer.
Amer Tel A Tel 54s 1943. n.3 1134
Auburn Auto Co 4 4s 1939 _ 67'* 764
Baldwin Loco Works 5s 1946 165
Calif Packing Core 5s 1949 105 1 05 4
Caro. Clinch A Ohio 5s 1936 1034 104
Chesa A- Ohio Rwy 5s J039_ 1074 1074
Edison Elec Ilium 4s 1939 104 4 106’,
General Pub Serv 54s 1939 1024 1024
Grand Rap A Ind 44s 1941 10S’, 1094
Houston Oil 54s 1940 102 1024
Inti Mercan Marine Hs 1941 764 764
Inti Tel A Tel 4 4s 1939 __ 614 62
Laclede Gas Light 5s 1939 _ 93 4 934
lafhigh Valley Coal Hs 1936 954 974
Lehigh Val Term Ry 5s 1941 107 106 4
Long Island Gen 4s 1936 1024 1034
Louis A Nash R R 4s 1940 1064 1064
Michigan Cent R R 4s 1940 104 4 1054
Midland R R of N J 5s 1940 55 62 4
Mil A North R R 4 4s 1939 _ 90
N Y. C A St L 05 Notes 1936 100 100 4
New York Dock 5s 1936 60 4 61
N Y. Susq A West 5s 1940. 40
New York Tel Co 4 4s 1939 107', 101 4
Pacific R R of Mo 4s 1936 loo
Penn-Dixie Cement Os 1941 190', 101
Penna R R Co 4s 1943 1074 113
Rin Grande West 4s 1939 704 724
Southern Bell T A T 5s 1941 105 4 105 4
Term RR As St L 4 4s 1939 1064 107'2
Vanadium Corp 5s 194 1 10.4 1034
Vertientes Sugar Co 7s 1942. 21 73
Wabash Rwy Co 5s 1939. 974 9.74
Warner Bros. 6s 1939 . 944 96
Western N Y A Pa 4s 1943 107-4 1064
Western Union Tel 5s 1038. 102 1024
Average Daily Closing Price of 50
Leading Stocks on the New
York Stock Exchange
DOLLARS
PER SHARE
160]
DOLLARS
PER SHARE
—rl60
Nov. 10,
$14352
Closing Price May 17, 1937,
Was Lows! Sinca July 7, 1936
Stock Exchanga
Cloiad_
Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. > Dec. **
J %t Tht rtylrjf* T>* 1
GOVERNMENT RECEIPTS
CLIMB 23 PER CENT
Ey the Associated Press.
NEW YORK, June 1.—Receipts of
the Federal Government so far in the
current fiscal year have gained 23
per cent over the comparable period
a year ago, reflecting a general im
provement in individual and corporate
income.
General expendituers increased 21
per cent during the same time, while
recovery and relief spending declined.
Treasury receipts, reported by the
daily Treasury statement of May 25,
compared as follows on that date:
Fiscal year 1937.$4,383,904 178
Fiscal year 1936__ 3,559,888.118
-•
CHICAGO LIVE STOCK.
CHICAGO. June 1 i.P .— (United S’ates
Department of Agriculture >— Hors. J 7.non.
including 4.000 direct: market around
steady with Friday's average: lop. 11.7 5.
Diilk good and choice lon-Uon pounds.
11 4o-7o mo.-t 150-1JHI pound*, lo.i.n
j 11.00 choice pigs looo-5o. but b ilk me
dium to good kinds, h.50-9.75. bulk good
packing sows luoo-.Vt; smooth light
weights on butcher orders. 3 0.00-70.
Cattle. 16 000; calves. 1.000; fed steers
and yearlings 15 lower, slow all grades
sharing decline but common and medium
grade steers and all made* yearlings under
most pressure largely steer and yearling
: run with medium to good grades predom
inating borh local killers and shippers out
! to break the grades of cattle winch were
out of line last week compared with strictly
good and choice offerings shipper demand
| toppy kinds still narrow, however best
early j.'joo: largely lo.nn-1750 market:
several loads held around 15.on; heifers
steady to 15 lower: common an’d medium
grades, including grassy Southwestern* of!
most; cows slow, steady, bulls active
fully steady at H.7 5 down on sausage of
fering.* vealers 15 lower mostly 9.00
down: few 9 50: Mockers steady.
Sheen 11.non. includ.ne 5.000 direct:
1 fat lambs and native Snringers opening
strong to 15 higher bulk clipped lamb*
9 no-50. half deck chon** M-pound j
weight* 10 00 native Spring lambs. 11.50- j
1175 to small killers- a’l bucks out I
l.oo discount. 10 double* California S4pnng
lam ns sold at in.50 sheep steady, shorn
native ewes. 1.50-4.50.
-•
FOREIGN MARKETS.
LONDON. June 1 (Jp<.—The stock mar
ket closed Irregular today, with trading
small. Tension over the situation in £#pam
relaxed somewhat. Oils were strong.
trans-Atlanf ics and industrials quiet.
German bonds and gilt-edged issues eased.
PARIS—The Bourse . closed w eaker to
day with mixed price changes Trading
was quiet. Rentes ended slighfIy lower.
Bank of France was off Mo points
Citroen recovered ?o. Suez Canal showed
a further decline of lfio points.
—■ ■ •
MONEY MARKET.
NEW YORK Hunr 1 < V .—Call money
steady: ] per cent all day. Prime com- !
mercial paper 1 per cent. Time loans i
steady: fiO-OO days P4; 4-fi month*. 1 ’ 2 j
per cent Bankers' accep’ar.cr un- j
changed: rtfi days. «2-,V fiO-MO da's \- ,
12: 4 months x-fi months ‘,4*''*.
Rediscount rate. New York Reserve Bank,
1 12 per cent.
New York Steam
Omits Dividends
As Costs Increase
Er the Associated Press.
NEW YORK. June 1.—New York
Steam Corp. announced today omis
sion of dividends on the $6 and $7
preferred stocks due to “higher taxes
and operating expenses.” It is a sub
sidiary of Consolidated Edison Co.
The announcement was the third
unfavorable dividend action in the
local public utility field since April.
Brooklyn Union Gas Co. cut Its
quarterly dividend from 75 cents to 40
cents, and Brooklyn & Queens Transit
Corp. of the Brnoklyn-Manhattan
Transit System omitted the dividend
nn the $fi preferred stock. Both blamed
increased taxes and operating costs.
-•
PHILADELPHIA PRODUCE.
PHILADELPHIA June 1 • 1' .—Live poul
try - Fowl. Plymouth Rock, fancy, 'in,
mixed colors. IS-IP: While Leghorns,
fancy. 17-ls. a\crage. 14-1.old roosters.
1 •" 1 -14: Leghorns, old roosters, I'j-iM,
Soring chickens fancy. Plymouth Rock.
*: cross nrods. IP- : .’: Rods. *.'<>: Reds,
broilers. 1 .*>-1 s1 ^ Leghorns. 10-IP. Ducks.
White Pekin, young l:t-1 4. old. 11-1J:
mixed colors. ll-l*f. Turkeys, fancy, hens,
1, young toms fancy, i 4-1 f>
Dressed poultry—Fowl, fresh killed In
Properly Management
- -I nrvfli ~
• run i
ca*Hirt 1
710 WHAT so many other
•*** owners of apartment house
and residential properties In
Washington do—place them in
the hands of our Property Man
agement Department.
This experienced service effi
ciently and economically ren
dered.
B. F. SAUL CO.
925 15th St. Nat’l 2100
Mortgage Loans
This announce merit is not and is under no circumstances to be construed
as an offer tn sell or ns a solicitation of an offer to buy any of the securities
herein mentioned. The offering is made only by the Prospectus.
35,000 Shares
San-Nap-Pak Mfg. Co., Inc.
(A New York Corporation)
COMMON STOCK
($1 par value)
Price #4.50 per Share
Copies of the Prospectus man be obtained from the undersigned
Johnston, Lemon 8C Co. Waterman Corporation
Washington, D. C. Albany, N. Y.
REAL ESTATE LOANS
On Improved property in D. C. and 'Arlington County, Va.
RELIABLE
SOUND
“OFFICERS ”
WM. A. HETTINGER,
PRESIDENT
CHARLES KATTELMANN,
VICE PRESIDENT
WILFRED H. BLANZ
SECRETARY
GUY M. NEELY,
TREASURER
NO COMMISSIONS
RENEWALS UNNECESSARY
^applications invited for LOANS
on improved real estate in Washing
ton and Arlington County, Virginia.
Rates and terms commensurate with
security offered. Before you re
finance, huild or remodel—See us.
The American has been helping the
people of Washington to acquire
homes for the past 63 years.
Attterirait UmlMttg Assnriatintt
300 Pennsylvania Ave. S. E.
ASSETS OVER $9,700,000
telephoto
li. mi.
UNDER U. 8. GOV’T
_ SUPERVISION __
boxes. 20-23: chickens. 24-27: old roost
ers. dry picked, 14-lfl: Spring ducks, Long
Island 10-17.
Both Oklahoma and Texas
Report Large Gains
During Week.
Bj the Associated Pres*.
TULSA, Okla., June 1 —The Oil an*
Gas Journal reported another new
high today in the national production
of crude oil, a daily average for tha
week ending May 29 of 3,586,806 bar
rels.
That flgoire was 33,571 barrels high
er than the daily average of the pre
vious high set Ju6t a week ago.
Oklahoma had an increase of 11,050
barrets for an average of 660,775 bar
rets daily; East Texas was up 2.696 to
467,653, and all of Texas had an In
crease of 8,467, to an average of 1 -
436,864.
Louisiana increased its production
5.872 for an average of 248.302 barrels
daily, while California production d»
dined 500 to a total of 658,500 and
Kansas jumped 5.125 to a total of
202,675 barrels daily.
Eastern States, including Michigan,
had an increase of 2,837, to a total of
163,800 barrels daily.
The output of the Rocky Mountain
area remained virtually stationary, de
creasing 60 to an average of 74,470
I barrels dally.
FASHIONS IN INVESTMENTS
The changing economic outlook calls for flexibility
in the management of invested funds. Certain condi
tions may dictate the purchase of common stocks.
Under different circumstances, selected bonds, or pre
ferred stocks, or commodities may afford the sound
est investment opportunities. To provide a compre
hensive service to meet changing conditions, this firm
holds membership in 29 exchanges for the execution
of orders to buy or sell stocks, bonds or commodities.
FENNER & BEANE
Members Seu York Stock Exchange and other leading Exchanges
Southern RIdg. 15th & H Sts. N.W. National 7000
First Mortgage Loans
District of Columbia, Nearby Maryland and Virginia
Homes
Apartments
I
„ Business
Properties
Terms from 3 to 15 years
Also
Monthly Payment Loans
Randall H.Hagxer & Company
INCORPORATED
Mortgage Loan Cannc sponoent
jfciSvsa-nc£ ffcmfiany
1321 Connecticut Ave. N.W. Telephone: DEcatur 3600
W B. HIBBS & COMPANY
MEMBERS
NEW ffJBE SfrtCt If CHANGE PHILADELPHIA STOCK EXCHANGE
HEW YORK CURB EXCHANGE CHICAGO BOARD OT TRADE
BOSTON STOCK EXCHANGE NEW YOKK COTTON EXCHANGE
WASHINGTON STOCK EXCHANCE
HIBBS BUILDING ’* WASHINGTON*D.C,
Telephone • Kotionol 0540
| QUESTIONS WAT ARE ASKED ABOUT BANKTNO J
✓ / 1
HHHE hour* daring which a bank la open to
i- the public for the transaction of business
are usually called, “Banking Hours.” They
are only a part of the working day for bank
employees.
A bank is very much like an efficient house
wife who has work to do before a dinner
party and work to do after the meats leave.
There is much work for employees to do
before the bank opens to the public. At the
close of “banking hours” window tellers
count and balance their cash; bookkeepers
prove accounts and tally ledgers; checks are
arranged for clearance to other banks and to
other cities; conferences are held; officers
dictate and aim correspondence, go over
reports and tend to many other duties.
Our bank does much of its work before
and after “banking hours.”
Mcl^chlen Banking Corporation
Sine. 1891
TENTH AND G STREETS, N. V.
S.W. Branch, 12th and Maryland Ave. S.W.
Member Federal Deposit Insurance Corporation

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Evening star. [volume], June 01, 1937, Page A-19, Image 19
About Evening star. [volume] (Washington, D.C.) 1854-1972