Utilities and Communica
tions Improve—U. S. Is
sues Remain Steady.
Bond Averages
50 in in in
Rails. Indust. Util. F'gn.
Net change. Une. +.1 +.1 —·2
Today, noon 92.8 103 1 98.2 73 1
Previous day 92 8 103.0 98 1 73.3
Month ago— 91.3 102.3 96.2 72 5
Year ago. .. 93 6 103.4 102 6 69 3
1937 high.— 99 0 104.4 102.8 74.7
1937 low 90.9 102.2 95 8 70.5
1936 high... 98 2 104 4 103 1 73.0
1936 low 86.9 101 8 99 3 67.6
1932 low 45.8 40.0 64 6 42.2
1928 high...101.1 98.9 102.9 100.5
10 Low-Yield Bonds.
Noon 111.2 Prev. day. 111.2
Month ago 110.1 Year ago. 111.6
1937 high. 113.7 1937 low.. 108.4
1936 high. 113.5 1936 low.. 110.2
1928 high. 104.4 1932 low.. 86.8
(Compiled by the Associated Press.)
By the Associated Press.
NEW YORK. July 26.—Prices were
mixed as the bond market milled in
decisively today. Government obli
gations were steady and quiet while the
domestic corporate list was uneven.
Utilities showed a little improvement
and communication issues were better.
Columbia Gas & Electric 5s and Inter
national Hydro Electric 6s edged up
minor fractions. Consolidated Edison }
SSs were unchanged, while Utilities
Power & Light 5s fell down a bit.
Convertibles went lower with stocks.
Youngstown 3'-s lost about ·3 points
and Studebaker 6s gave ground.
Foreign dollar issues were marked
by weakness in Japanese loans, which
were off as much as 3 points.
American Telephone 3'«s and In
ternational Telephone 5s tilted forward
fractionally and Western Union 5s
were unchanged.
Carrier liens were irregular with no
concerted move either way.
IMPORTANT DIVIDEND
ACTIONS SCHEDULED
By the Associated Press.
NEW YORK. July 26.—Impartant I
dividend meetings during the week j
Include United States Steel. Consoli- I
dated Edison, Borden Co.. Butler I
Bros.. Chicago Mail Order, American !
Tobacco, Armstrong Cork. Fairbanks ]
Morse. Ingersoll Rand. Westinghouse
Electric. Tidewater Aw>ciated Oil, !
Associated Dry Goods. Hazel Atlas \
Glass and Pillsbury Flour Mills.
Action on clearing up all arrears on !
the preferred stock has been expected
from the U. S. Steel meeting, to be 1
held Tuesday.
NEW YORK BANK STOCKS
NEW YORK July 26 V —New York
Security Dealers' Association
(Quotations as of 2 o'clock.'
Bid. Asked.
Bk Of Man <V/a) . _ _ 32 34
Bankers Tr <2) __ *>'»x2 HS1 a .
Bklyn Tr · 4 > 12* 1 33
Cèn Η«ηΒκλ·Τπ4> _ 12* 131 I
Chase Nat 11.40) 51'2 53la I
Chem Bk Sc Tr (1.80» . . H:l': fi.Vj ;
Commercial (8> _ 1H8 104 :
Cont Bk Λ: Tr ( 80 > _____ J 7 IS'ji
Corn Ex Bk & Τ Ci) _ . 03'4 β4>4 '
Empire Tr ' 1 ) 30 .'{1
First Nat (Bos) (2). __ 5034 52
First Natl «100) 2230 2*:7<»
Guaranty Tr (1*2)-.. 321 327
Irvine Tr « «Οι 15'h 16
Manufacturers Tr <2) . _ 53'2 55
Manufacturers Tr pi (2) ό»» 52 1
Natl City <1 ) IT 40 I
Ν Y Trust <5> ... 134'2 137*6
Public <ll2a) 43,,2 4 51 ^ |
Title Ολ·Τ 11 '2 lV/2\
a—Extras.
FEDERAL LAND BANKS
NEW YORK. July 26 (&).—Federal Land
Bank bonds
Rate. Maturity. B:d. Asked.
41 «s Nov 1958-38 10234 Id? |
414S May 1957-37 . . _ 1"1 101 Λ
4s May 195S-38. 1ο23β 1025Η!
4s Nov 1 '.lr>7 -37 1<><»7h lOl'si
4s July 1946-44 _ . ' "'»T« 11 λ 1
3!4S May 1955-45 . . 102T* 103**
3s July 1055-45 . 101>8 ΙΟΙ®*»
3s Jan 1956-46 _ 101 ' « ΙΟΙ3*!
3s May 1950-46 101 ]a 101·'
CHICAGO PRODUCE.
CHICAGO July 2»! <P).—Poultry, live
30 trucks, steady: hen^. 4^ pounds up
20: less than 4*2 pouno*. 1 o12; Leghorn
hens. 14: fryers, colored. 20: Plymouth
Rock. 22: White Rock 23: barebacks IS:
broilers colored. 20; Plymouth and White
Rock. 22 barebacks. \~: Leghorn. lH'a;
Springs colored. 21: Plymouth Rock. 22'2;
White Rock. 24:' barebacks. 10: roosters.
14: Leghorn roosters, 13: turkeys, hens.
15: toms. 14: No. 2 turkeys 13: ducks,
white and colored. 4'j pounds up. 12;
small. 1 1 ; geesp 1 2
Butter. 13,698. steady: creamery, spe
cials (93 score). 31*2-32: extras (92*. 31;
extra firsts '90-91). 3034: firsts (88-89),
29V4-30: seconds (84l2-87»; 24-27V2;
standards <90. centralized carlots). 31.
Eggs. 14.350. weak: extra firsts, local.
19%: cars. 20" 4 : fresh graded firsts,
local. 19' « cars. 193«; current receipts.
18»4: storage packed firsts 20'2.
Potatoes. 197: on track. 308; total
United States shipments. Saturday. 491:
Sunday. 52. California stock slightly
at ronger. Missouri Cobblers steady, de
mand good. Eastern Cobblers dull, de
mand slow Western Bliss Triumphs
slightly weaker, demand slow: supplies
rathrr liberal. Sacked, per cwt.: Califor
nia^, White Rose, U. S. No. 1. mostly 2.50:
car baker size. 2.25: U S. commercial,
car, 2.30: Idaho Bliss Triumphs. U. S.
No. 1, 1.50a 1.70; Cobblers. Missouri. U.
S No. 1 and partly graded. 1.00a 1.20,
mostly 1.15a 1.20: U. S No. 2. few sales.
60a05; Kansas, U. S. No 1 and partly
graded, lew sales. 1.05a 1.25; New Jersey.
U. S. No 1. few sales. 1.35a 1.40: Delaware,
U. S. No. 1. few sales. 1.40: Nebraska.
U. S. No. 1 and partly graded, 1,30a 1.35;
Oregon Bliss Triumphs. U. S. No. 1, car.
1.70. track sales less than carlots. Idaho
Russet Burbanks, U. S. No. 1. 2.50.
CRUDE OIL PRICES.
TUI-SA Okla.. July 26 </Fi.—Base crude
©il prices Midcontiner.t area—Oklahoma
Kansas, gravity scale. i»Kc to $l..i(i; North.
North Central and West Central Texas,
gravity scale, H8c to $1.20: East Texas.
|l *5.
West Texas 'Permian Basin*, gravity
scale, 84c to $1.<)K; North Louisiana-Ar
kansas. gravity scale i*Hc to $1.22. Rocky
Mountain area—Salt Creek. Wyo.. gravity
êcale. J»8c to $1.30.
Eastern area—Pennsylvania grade. Brad
ford-Allegany). S2.82: same grade in
Southwest Pennsylvania lines. $2.57: same
crade in Eureka lines. $2.52: same grade In
Buckeye lines. $2.37; Corning. $1.42.
π. S. TREASURY POSITION.
By the Associated Press.
The position of the Treasury July 2:!:
Receipts. $1« 125.387.73; expenditures.
SlH.0H8.n3T.71 ; balance, $2.594.1 8((.
624.17; customs receipts for the month.
830,061.228.53.
Receipts for the fiscel year (since July
1i. S316.718.n77.72; expenditures. #513.
f>40,229.67. including $14H.H27,955.37 of
emergency expenditures; excess of ex
penditures. Sin7.221.261.n.V gross deht.
$36.661.168.099.55. an increase of $868.
43R.09 over the previous dav: eold ns
jets fl2.420.O34.2Hi.5» Including $1,
188.626.978.83 of inactive gold.
RAILWAY INCOME.
NEW YORK. July 2H uPi.—Net operat
ing income (before fixed charges and other
Income ι of railroads reporting today for
June Included;
1937. 1930.
Atchison . 3.783.4H8 1.787.359
Baltimore '& Ohio _ 2,019.(118 2.477.890
Colo. & Southern 145.198 4.147
Louisville A Nash l,349.rtl'i 1.535.077
M.. St. P. ft Marie 237.4I2t .'<73.64If
Northern Pacific 1.684.088 544.987
Western Pacific _ 202,05Ut 343.4231
tDeficit.
REICHSBANK STATEMENT.
BERLIN. July 2H ιΛ^ι.—The Reichsbank
«tatemtut as of July 23 shows the follow
ing changes >iη thousands of reicfcsmarksl :
Notes in circulation. 4.577.000; decrease,
«η.000. Gold (ill,074: increase 43. For
eign currency reserves, 6.030; increase. 88.
Other bills of exchange and checks. 4.664.
074; decrease 150,456. Other daily ma
turing obligations. H6H inT; decrease 40.
SflS Advances, 36.829; decrease. H5 In
■resfjrents. 104.180; decrease, 35 Ratio
ef iold and foreign currency to notes. 1.6
9*r cert. Rate of discount, 4 per cent.
BONDS ON Ν. Y. STOCK EXCHANGE
■ι ρητκι wir· airtot to ta· iur.
All time shown below l> diyliihl ικτΙηι
on which the Exchanc· ii now operatlnc.
Approximate Transactions Today.
U S Govt Bonds ... 290.000
Foreign Bonds . 910,000
Domestic Bonds... 4,030.000
TREASURY.
Hiïh. Low. Close.
2Us 1949-53 98.28 98.25 98.26
2 ^4 8 1945-47 103.8 103.8 103.8
2\s 1948-51 101.23 101.13 101.13
2 11» s 1951-54 100.11 100.11 100.11
2 s 1956-59 100.8 100.8 100.8
2 Tie 1955-60 . 101.9 101.7 101.7
2 % s 1955-60 reg 101.4 101.4 101.4
3s 1946-48 105. 104.30 104.30
3s 1951-65 103.10 103.8 103.10
3HS 1946-49 105.17 105.17 105.17
3%s 1949-52 105.7 105.7 105.7
3^sl941 106.15 106.15 106.15
3 % s 194 4-46 106.29 106.29 106.29
3%s 1941-43 Mar 106.12 106.11 106.11
4s 1944-54 112.10 112.7 112.7
4V«s 1947-52 .... 116.28 116.28 116.28
FEDERAL FARM MORTGAGE.
2-i;s 1942-47 102.4 102.4 102.4
3s 1947 104. 104. 104.
3s 1949 103.8 103.8 103.8
HOME OWNERS' LOAN.
2\is 1942-44 101.26 101.26 101.26
2 %iS 1939-49 101.8 101.5 101.8
3s 1952 102.31 102.29 102.29
FOREIGN 80NDS.
HlBh. Low. Close.
Abltibt Pa&Pw 5s'53 99'-< 98% 98%
Adriatic Elec 78'52._ 79% 79% 79"*
Antioquia 7s 45 A 13 13 13
Antioquia 7s '45 Β 13 13 13
Antioquia 7s 45 D 12% 12% 12%
Antwerp 6s'58 102 . 102 102
Argentine 4s '72 93% 93 93%
Argentine 4%s'71... 101% 101 >i 101'..
Argentine 6s 57 A .. 100% 100% 100%
Argentine 6s 61 May. lOlfl, 101 fl, 101 ft
Argentine 6s'60 Sept 100% 100 s. 100%
Argentine 6s 60 Oct. 100<|? 10048 100H
Australia 4%s'56 102% 102% 102%
Australia 5s'55 106% 106% 106%
Australia 5s'57 106'« 106% 106%
Austrian 7s 57 103'3 103'a 103'.a
Belgium 6%s'49 109% 109% 109%
Belgium 7s 55 117'a 117% 117Va
Brazil 6>,is'26-'57 44 43% 44
Brazil 6%s'27-'57 44 43% 43%
Brazil 7s'52 44 43% 43%
Brazil 8s 41 53'» 52% 53%
Brisbane 5s'57 102% 102 102%
Brisbane 5s'58 103 102 103
Brisbane 6s'50 102% 102% 102%
Buenos A4 Hs-4 ?is'75 83% 83% 83%
Buenos A C 6%s '55 .. 102 102 102
Buen A 4%-4%s '77 . 82 81% 82
Buenos A 4^.s 76 Aug 82% 82% 82%
Bulgaria 7s'67 26% 26% 26%'
Bulgaria 7V4s'68 28 28 28
Canada 2V4s'45 99% 99% 99%
rano^a 5o 'C7 Λ" n"
Canada 3i4s '61 99% 99*» 99%
Canada 4s 60 107 107 107
Canada 5s'B2 113% 113'» 113
Chile 6s 63 20% 2OS 20%
Chile 7s 42 . 21 20", 21
Chile Mlg Bk 6s'61.. 17». 17'» 17%
Colombia 6s 61 Jan.. 29% 29'» 29%
Colombia 6s'61 Oct _ 29% 29'» 29%
Copenhagen 4 !2s'53. 99% 99>* 99%
Copenhagen 6s'62 100% 100% 100%
Costa Rica 7s'51 A 34% 34% 34%
Cuba 6 tu s 45 68 67 6 H
Denmark G%s '55 101τι 101% 101%
Denmark 6s 42 105% 105·»» 105%
Ger C Bk A 6s'60 July 40 40 40
GerOov 5^s 65 st 29% 29 29
Ger Gov 5%s'65 un st 28 28 28
Ger Rep 7s 49 stpd 35 35 35
GrtCEl Jap 614s'50- 92% 92 92%
Grt C El Jap 7s'44 97% 97% 97%
Greek Gov 6s'68 34 34 34
Haiti 6s'52 101 101 101
Italy 7s'51 86% 86 86
Japan 5Hs'6t> 82 81 81
Japan 6%s '54 96% 94% 94%
Kreug&Toll 5s'59 cfs 27% 27% 27%
Medelln 6%s '54 12% 12% 12%
Mexico 5s'45 asst em. 5% 5% 5%
Milan 6%s 52 72 72 72
Minas Gers 6*4s '58 30% 30% 30%
Minas Gers 6 %s '59 30 29% 30
Monter ideo 6s '59 64 64 64
Norway 4s 63 99% 99% 99'»
Norway 4 % a '65 102% 102 102'»
Norway 6s 43 105% 105% 105%
Norw Mun Bk 5s '70.. 103 103 103
Oriental Dev 6%s'58.' 73% 73% 73%
Oriental Dev 6s'53 80 79% 79%
Oslo G & Ε 5s '63 101% 101% 101%
Paris Orl Ry 5%s'68. 92% 92 92
Paulista Ry 7s '42 92 92 92
Pernambuco 7s '47 27 26% 27
Peru 6s 60 20% 20 20%
Peru 6s "61.. 20% 20 20%
Peru 7s'59 21% 21% 21%
Poland 6s'40 56% 56% 56%
Poland 7s'47 73 73 73
Poland 8s '50 53 52% 53
Prague Gtr 7%s '52 99% 97 "99%
Rhine W El Ρ 6»'53._ 26 26 26
Rio de Jan 6%s 5S 28% 28% 28%
Rio Gr ilo Sul 6s 6 8 _ . 27'* 21 21 ' *
RioGrnoSul 7s '66 __ 28 27% 28
Rio Gr do Sul 7s'67 27% 27% 27%
Rome6%s'52 74'* 74's 741*.
Roumania 7s '59 40% 40% 40%
Sao Paulo C 6"as'57.. 27% 27% 27%
=ao Paulo St 6s '68.28% 28% 28%
Sao Paulo St 7s 40 96 96% 96
5ao Paulo St 7s'56... 32 32 32
Sao Paulo St 8s '36 42 41 42
Serbs 7s '62 ... 28% 28% 28%
shin'su Ε Ρ 6 % β '52 85% 85% 55%
■ityria 7s'46. 98 98 98
Sydney 5'.is'55 105% 105 105
Tokio 6'/* s '61 78% 78% 78%
Tokio Ε Ε Ltd 6s '53.. 77'n 77% 77%
Trondhiem 5%s'67 . 100'., ΙΟΟ'ι 100%
Tyrol Hy El 7 % s'65-, 99% 99% 99%
Uruguay 6s'60 68% 68% 68%
Uruguay 6a '64 68% 68% 68%
Vienna 6s'52 99 99 99
UUMt: I H. DUINUi.
\iiams Express 4s '48 1014 1014
Mm Exp 44 s '4fi std 102 102
Mb Per VV Ρ 6s'48 ww 67 67
klleg Corp 5s 44 974 964
UleiCorpBs 49 88'/* 88
kllee Corp 6s 80 stp 63 63
killed Stores 448'BO 1004 1004
krn A For Pw Bs 2030 804 80
km Ice cv 5s 63 97 97
km 1 Q Ch 6 V4 β '<9 1064 106**
Vm IntlB4s 49 1054 1054
km Τ Α Τ 34ε '61... 1004 994
km Τ & Τ 3 >48 66 100 994
kmT&T44s 39— 1044 1044
km Τ& Τ 54s 43 1124 1124
knaconda deb 44· 'BO 1064 106
knglo-Chll Nit 7s '67 37 37
krmonr(Pel)lst 4s'5S 984 98
Vrmour (Del) 48 "67 974 97s»
k TAS F· ad 1 4s '95 at 1054 105
k T&S Fe gen 48 '95.. 1114 1114
k TAS Fe 44s 4 8 1094 1094
ktl Coast L 1st 48 '52 1034 1034
ktl Coast L clt 4b '52. 96 954
Iktl C L un 4 48'64 . 93 93
ttl Coast Line 5a 46. 1044 1044
Β & Ο 1st 4S 48 105 105
Ft A Ο 44s 60 70 694
Β AO let Be 48 1114 1114
Β & Ο ref 5s 2000 D-_ 794 794
Β A Ο 6s '96 F 80 79
Β Α Ο ref 5s 95 A 814 81
Β Α Ο ref 6s 95 C 934 924
Β & Ο PLEAW V4s'41 1034 1034
Β & Ο Swn 58 BO .. 1034 1034
RancAAroos 4s 61 109 1084
Bell Tel of Pa 6s'60 C 1254 1254
Beth Steel 34· «6 ... 964 964
Beth Steel 44s 60... 1044 1044
Bos A Me 5e '67 794 794
Bos Ν Y A L 4s '55... 24!a 244
Bot Con M 64s '34 ... 244 244
Bot Con M 64s'34 ct 234 234
Bklyn Ed con 3 4· '66 1014 1014
Bklyn Man Τ 44· '66
Bklyn Un El 5· '60 .
Bklyn Un Gas 5s "50..
Bklyn Un Gas 6s '45..
Brown Shoe 3 4s '50
Buff RAP con 44s'67
Bush Term con 6s '65
CamaR 7e 42 etfe
Can'dlan NR 44e '61.
Can'dlan NR 44e '66
Can'dian NR 44e '67
Can'dlan NR5s'69 Oct
Can'dlan Ν ôs'69 July
Can'dlan Ν db 6 4s'46
Can'dlan Ρ db 4s perp
Can dlan Pac 44e 46
Çan'dlan Pao 44e 60
Can'dlan Pac Be '54
Carth A Ad 4s '81 gtd.
Cent III Ε A G 6s 61
904 90
1034 103
944 944
113 113
1064 1064
834 83V*
06 69
244 24
1134 1134
1134 1134
1124 1124
118 1174
1164 1164
1244 1244
934 934
1044 1044
103 103
107
83
102
Cer.t Ν England 4s'61 69
Cent of Ga 6s '59 C Π
Cent Pac 5s '60 984
Cert'd deb 6 4s'48 ... 814
Ches A Ο 3 4s 96 D 98
Chee A Ο 3 4· '96 Β... 98
Ο gen 44· '»S 122
106H
83
1014
69
164
974
81
974
98
1214
-&Ocon5· 39 1064 1064
1014
102
67
964
88
63
1004
804
97
1064
1054
994
100
1044
1124
1064
37
984
974
1054
1114
1094
1034
954
93
1044
105
694
1114
794
97
81
924
1034
1034
1084
1254
964
1044
794
244
244
234
1014
90
1034
944
113
1064
834
69
24
1134
1134
1124
1174
1164
1244
934
1044
103
1064
83
102
69
164
974
814
98
98
122
1064
i
Hlïh. Low, Close.
Chl & Alt ref 3β'49 61% 51% 51%
Chi B&Q gen 4e'58 112% 112% 112%
Chi B&Q 4 %e '77 110% 110 110
Chi B&Q ref 5s '71 117 117 117
Chi B&Q1 dlv 3 Ha '49 108% 108% 108%
Chi & Ε 111 5s'51 32% 32% 32%
Chl & Ε 111 5s'51 ctfe 31'4 31% 31%
Chi Grt West 4s '59 __ 39% 39 39
Chl I&L een 5s'66 __ 11% 11% 11%
Clil Ind & So 4s '56 ... 103 103 103
C M & St Ρ 4s '89 49% 49% 49%
CM&StP en 4%s'89 C 53 52% 62%
CM&StP&P adj5s2000 8% 8', 8%
C Μ Λ St Ρ 5s '75 25V, 24% 25
Ch) &NW sen 8%s'87 34% 34'4 34%
Cht & NW 4%· 2037 23 23 23
Chi & NW 4 % s 2037 C 23% 23 23
Chi & NW 4%s 49... 15% 15% 15%
Chl R I&P rf 4s 34 .. 19% 19% 19%
Chl R l&P Ren 4s'R8. 32% 32 32%
Cht RI&P 4s '88 ctfs.. 31% 31% 3IV4
Cht R l&P 4He '52 18% 18% 18%
Chl R f&P 4%s 60 . 10% 10% 10%
Chl Τ H&S Inc 5s'60. 78% 78% 78%
Chl & W In con 4s '52 104% 104% 104%
Chi & W Ind 4 H s '62. 102% 102% 102%
ClnG&E3%e66 101% 101% 101%
Chl Un Sta 3%s 63 Ε 108% 108% 108%
Cin Un Term 5s'57 C. 106% 106% 106%
CCC&St L pen 4s '93.. 102% 102% 102%
Clev Un Ter 4 %s '77. 102% 102% 102%
Clev Un Ter 5· '73 Β.. 107% 107% 107%
Colo F & I 5s 10 86 86 86
Columbia G & Ξ 5s
'52 May. 101% 101 101%
Columbia G&E 5s'61. 99% 99 99
Colurn Ry P&L 4s '65. 106% 106% 106%
Cornel Credit 3 % s "61 97 97 97
Conn R Pw 3£s 61 A 104% 104% 104%
Cons Ed Ν Y 3 % s ' 46 105% 105% 105%
Cons Gas XT 4%s '61 107% 107 107%
Consol Oil 3%s'61 . 103% 103% 103%
Consum Pwr 3%s '66 100% 100% 100%
Consum Ρ un 3%β '65 104 104 104
Consum Pwr 3%s '70. 102% 102 102%
Container deb 5s'43.. 101% 101% 101%
Crown C & S 4s '50 106 106 106,
Crown Will Ρ 6s '61.. 105% 105% 105%
Cuba Nortnn 6 %s'42 49 4H% 48%
Dayton P&L 3%s '60. 105 104% 104%
Del & Hud ref 4s 43.. 90% 90% 90%
Del I' & L 4% s'69 ... 102% 102% 102%
Den & R G con 4s '36. 27% 27 27%
Den & R G 4%s 36 ... 29 28% 29
Den & R G W 5s'55 . 15% 14% 14%
Den & RGW 5s'55asst 15% 15 15
Den & R G ref 5s '78 . 21 21 21
Det Edison 3%s '66 104% 104% 104%
Det Edison 4%s '61 D 114% 114% 114%
Duquesne Lt 3%s'65 106% 105% 105%
Elec Auto Lite 4s '52. 109% 109% 109%
Erie cv 4s '53 A 82 81 SI
Erie «en 4s ' 1'6 80% 80% 80%
Erie ref 5s '67 74 73% 73%
Erie ref 5s'75 74 73% 73·%
Erie Gen Riv 6s'57... 118% 118% 118%
Fairhks Morse 4s 56 104% 104 104%
Fla EC Ry 6s '74 12% 11% 11%
Fond J & R 4s'82 filed 3% 3% 3%
Gen Cable 5%s '47 105% 105% 105%
Gen Mot Acc 3e 45... 102% 102% 102%
Goodrich 4Vis'56 100"» 100% 100%
Goodrich 6s 45 104% 104% 104%
Goodyear T&R 5s'57. 105 104% 105
Grt Nr Ry 3\s '67 95% 95% 95%
Great Ν Ry 49 46 G._ 130 '.29', 129%
j Grt Ν Ry 4s 46 Η .110 109V 110
Gt X R gn 4'»s '76 D 106'i 108 106'·*
Grt Ν Κ χη 4',is '77 Κ 1054 1105'*
Grt Ν R 51-28 62 Β _. 11 7"β li74 117"*
Green Bay 5s '62 Β 12 11V 12
| Gulf States Util 4s'66 103 102V 102V
j Hoe (R) let mte '44.. 934 93 934
I Hudson Coal 6s'6a __ 474 46', 46V
I Hud & Man Inc 6s '5T_ 27 264 27
Hud & Man ref 5s '57. 634 634 634
111 Bell Tel 3%e'70 .. 106 106 106
111 Cent col tr 4s'53 741 a 741 a 744
111 Cent ref 4s'55 82 82 82
111 Cent 4-%s '66 67 66 V 66*4
ICC&Sl L Ν Ο 4]/4s'63 704 70 70
ICC&St L Ν Ο 6s 63.. 7f> 74 74
Inland Stl 3\s 61 . 1054 105 1054
Int RT 1st rf 5s'66 66 64 644
1 R Τ 1st rf 5s'66 ctfs 634 634 634
Int R Τ 6s'32 27 264 26"·,
Int R Τ 7s '32 70 69s» 69V
Interlake Iron 4a '47- 100', 994 994
Int Grt Nr âs 56 Β 32 32 32
Int Grt Nr 6s'52 A 34 33 33
Int Hydro Elec 63 '44 84 83 84
Int Mer Marine 6s'41 74% 74'. 74'*
Int Pap 1st 5s'47 Α.. 102 101V» 101 'a
Int Pap ref 6s'65 98", 9S4 98V
Int T&T cv 4H* 39 92 91V 91V i
Int T&T 44s '62 704 70 70
Int T&T 5s '55 . 76V 76'. 76V4
Iowa C lst&rf 4a'61-, 6 V 6'4 6>,
James F & C 4a '39 95V 95' 3 95V
Jones&L Stl 4Vis'61A 104V 1044 104V
Kans C F S&M 4s '36. 49 49 49
Kans C So 1st 3s 60._ 85 85 85
Kane C Ter 1st 4s'60. 1084 1084 1084
KansGtE4H«'80... 104 104 104
Kinfrs Co El 4s '49 98V 98*$ 98V :
Laclede Gas 6»'39 954 054 95k·
Laclede G 6%s'53 C-. 59 V 59V 59V
Lautaro Nit 1975s 35V 344 354
Let) V'alHar6s'54 101 1004 1004
Leh V Ρ con 4a 2003.. 53V 534 534
Leli V Ρ con 4 4s 2003 58'* 57V 57V
Leh V RR con 5s 2003 65'$ 65'a 65'a
Loevr's 3^9 46 100 100 100
Lon* Isl gen 4s '38 1024 1024 1024
La&Ark5s 69 _ 89V 89V 89V
Louisv G&E 34s'66. 102 102 102
L & Ν 1st 4s 2003 99'a 99'» 99',s
L & Ν unif 4s '40 107 107 107
L & Ν 5a 2003 Β 109V 109V 109V
L & Ν St L 3s '80 89 89 89
McKess&Rob 64s'50 104 103V 103V
Man S 1st 7 4s'42ctfs 66V 66V 66%
Manhat Ry 4s '90 434 434 434
Manhat Ry 4s'90 ctfs 40 40 40
Marion St) Shov 6s'47 964 964 964
Mead Co 6s'45 .. 105 104V 105
Met Ed 1st rf 4%s '68 1084 1084 IO84
Mich Cent 4',4s "79 1054 1054 1054
Mil El R&L 6s '61 ... 103 103 103
Minn & St L rf 4a'49. 5 5 5
Minn & St L 5s '62 Α.. 44 44 44
MStP&SSM en 4s'38 204 204 204
MStP&SSM rf 6s'46A 17 16 16
Mo 1115s'59 ... 59 5» 59
Mo Κ & Τ 1st 4a '90 87 87 87
Mo Κ & Τ 4s 62 Β 6 14 674 674
Mo Κ & Τ 6s '62 Α 79 784 79
Mo Κ & Τ adj 5a '67 674 67 67
mo i-ac «s ι ο . - —
Mo Pac 5s '65 A ctfs_„
Mo Pac 6s *7 7 F —
Mo Pac 6s 77 F ctfs—
Mo Pac 5s "80 H
Me Paciflo 6s· 81 I
Mo Pac 6%s 49 A —
Mob & Ohio 4%s '"7
Mononp Pub S 4%s'60
Μοηοηκ Pub S 6* '65.
Mont Pwr S^> 66
Morris & Es 3 % s 2000
Morris&Essex 4%8'55
MorrlsiiEasei 5s '55
Natl Dairy 3i»s'51ww
Natl Dis Ρ C4%S '45.
Natl Steel 4s 65
New Ε T&T 41/sS 61
New Ε T&T 1st 5s'52
New OrlGNR 5s '83 A
New Orl Ρ S 5s '52 A
New Orl Ρ S 6s 65 Β -
New Or Ter let 4s '53
New Orl T&M 5s *54 Β
New Orl T&M 58*56 C
New Orl T&M 5Vi!S'54
NOT&M 5s'54 Β cfs
Ν Y Central 3%s '52
NY Central 3%s "97 —
NY Central 3%s 46..
NY Cent con 4s 98 -
NY Cent rf 4Vis 2013.
NY C rf 4%s 2013 n—
NY Cent rf 6s 2013 ...
NY C L. Sh 3%s '98 -
NYC Mich C3',js '98
NY Chi & St L 4s 4β
NYC&St L 4%s'78
NYC&St L5HS'74 A.
NY Chi & St L 6s 38..
NY Dock 6s '38
NY EJis ref 3%s'66..
NY L.& W 1st 4s '78 —
NYL&W4Hs'73 —
NY NH & HS^i '56—
NY NH ft Η 4s '57
NY NH ft Η 4 f '67 „
NY NH ft H cv 6s'4S.
NY O&W Ken 4· 65._
NY O&W ref 4s 9Ϊ —
NY Steam 6s '56
NY Steam 1st 6s '47 —
NY Tel gen 4He '39„
NY VV&B 414S 46
Nlaft Sh 5Hs 60
Norf So 1st 5s '41. -
Norf S 1st rf5s'61 cfs
North Am Co 6S 61
North Am Ed 6s 69 C
North Am Ed 63
North Cent R414s74
Nor n Pac gen 3s 2047
Nor'n Pac 4s 97
Nor'n Pac 4 %s 2047 ..
Nort'n Pac 6s 2047 C
Nor'n Pac 5s 2047 D—
Nor'n Pae fis 2047
Ogden L.C 48 48
Ohio Edison 3%·'7Î
Ohlo Edison «s «6
Ohio Pub Sve 7 m'*·
Ont Pwr Nlag 6s '43 —
1 ί V»,
37%
39
S?*,
39
39
12%
28 %
105
102%
94 Vi
89%
86'»
95%
104
105?»
106
120
124'4
88
9 7 %
97*4
92%
56%
55
60%
52
108*4
97 h
103%
98%
90
90
99
91%
90*t
104%
85'/»
97'/,
99
60
101
98%
103%
35
20
4m
40
14%
21%
105V*
106
107%
12VS.
103
80
23%
104'-4
103(4
105
120
75
10514
97%
101%
101H
110%
23 23 23
99 98% 99
104% 10414 104% I
109% 109% 109%
112% 112% 112%
11
36
39
37%
38%
39
12%
28%
104%
102'·,
94'·»
89%
86%
95%
103%
105%
105%
119%
124%
88
97
96%
92
54%
55
59
52
108%
97%
103%
98%
89%
89%
-98%
91%
90%
104'4
85%
97%
99
59%
101
98 V»
103%
34%
20
40%
40
14%
21%
105%
106
107%
12%
102%
80
23%
104%
103'/»
104%
120
74%
105%
97%
101%
101%
110%
1 '% I
36
39
37% i
39
39
12%
28% I
105
102%
94 ν» I
R9t
86'
95% :
104 j
105%
106
119%
124%
88
97% ι
97%
92%
56%
55
60% j
52
108%
97% I
103% '
98% I
89% I
89%
99
91% ]
90%
104%
85%
97% I
99
60
101
98% I
103% I
34% I
20
41% I
40
14%
21%
105%
106
107%
12%
102%
80
23%
104% I
103% I
105
120
74%
105%
97%
101%
101%
110%
Rich. Low. CIoM.
OregSh Line6s'4e 118 118 118
Ores W RR 4a 81 106'* 1061» 106%
Otis Steel 414· 62 91% 91% 91 Vi
PacGasft El 8Η·'ββ 99% 99% 99%
PacG&E354«il... 103% 103% 103V.
Pao Ο & Β 48 '64 . 107% 107% 107%
Pac T&T rf 3 '4 s '66 Β 101% 101% 101 Mi
Param't Pic 3 Vie'47.. 95 95 95
Penn Co 4s '63 103% 103 103% [
Penn Dixie C 6s '41 99 99 99
Penn Ρ & L, 4 %e'81 103 102% 103
Penn RR3ii«wl 107% 107% 107%
Penn RR 33i· TO C 100',), 100 100
Penn RR 4>,ie'81 D_. 108'» 108% 108'.»
PennRR4V4s 84 .. 108% lOKVt, 108%
Penn RR pn 4MiS'65_. Ill'» 111% HI*.
Penn RR deb 4 Η»'70 103 102% 103
Penn RR ten 6s'68 118'4 118% 118% I
People GL&Crf 6s'47 113% 113% 113% |
Pere Marq 4Vie '80 __ 96 95V, 96
Pere Marq 1st 5s "66 102% 102V· 102% |
rhelps Dodge 3%s '52 119% 119 119
Phila Co 5s 67 ... 99% 99 99%
Phila Elec 3% s '67 .. 103% 103% 103%
Phllaft RC&l 6β'73_. 23% 23% 23%
Phila & R C&l 6s 49.. 11% 10% 10%
Philippine Ry 4s'37 .. 24% 24 24
PCC&St L 4',is '42 B. 110% 110% 110% |
PCCAiSt L 6s '70 A 118 118 118
Pitts&W Va 4%s'60 C 85% 85% 85% I
Port Gen El 4%s '60 63% 62% 63% |
Porto Rico A Τ 6s'4 2. 75 75 75
Postal Tel ft C Es'53 21% 21 21%
Potomac El Ρ 3*4s'66 103% 103% 103% I
Purity Baking 6s'48. 97% 97% 97% |
Reading Jer C 4·'51.. 95 95 95
Reading R 4%e B7 A. 106% 106% 106% |
Rem-Rand 4V4s"66ww 108% 107% 107% !
Republic Stl 4%·'60. 176 173% 173%
Republic Stl 4%e Έ6. 98% 97% 97% |
Republic Stl 4 %e "61. 97 96 96
Republic Stl 6%e'64. 118% 118% 118% I
Revere Cop 4 *4 s '56 103% 103V. 103%
Rio G W col 4s '49 Α.. 35% 34% 34%
Rutland RR 4Hs'41. 23% 23% 23% |
St Jo Ry It T&P 5s '37 99 99 99
St LIM&S R&G 4s'33 75% 75 75
St L.-S Fran 4s '50 A .. 24% 24 24
St Xj-S F 4s '50 A ctfs. 22 21% 21%
St L-S Fran 4%s'78 . 24 24 24
St 1,-S F 4%s'78 cf St. 21% 21% 21% |
St L-S Fran 5s'60 B_. 23% 23% 23%
St L S W 1st 4s '89 _ 85 85 85
St Ρ Κ CS L414«'41 18 18 18
StP M&M Ρ ext 4s '40 104% 104% 104% I
St Ρ Un Dep rf 5s '72 120% 120% 120% |
San Λ & A Pass 4e '43 101% 101 101
San Λη Ρ Svc 6s '52 A 110% 110% 110% I
Seahd A L ref 4s '69 14% 14% 14% I
Seabd A L adj 5s '49 9% 9% 9%
Seaod A L# fis '45 A 16'^ 16% 16%
Seabd A L 6s 45 ctfe. 15% 15% 15% |
Seabd A-Fl 6s'35 A ct 9 8% 8'
Sharon Stl cv 4%e '61 106% 106% 106% I
Shell Un deb 3%s '61. 99% 99% 99% |
Silesian Am "s'41 _. 72 72 72
Socony Vac 3 %s '50 .. 105% 105% 105%
South Bell T&T 5s '41 100 100 100
Southn Cal Gas 4s '65 106% 106% 106% |
Sn Pnln Pa-r il » lnc mc im
Sout h Nat G 4 %S'61. 100% 10(1'.* 100%
So Tac 3 46 100 » 100*, 100"·»
So Pac col '» '49 f>41 *i 94% 94%
So Pac ref 4S '55 10714 106% 107
So Pac 4'is '6S-. 87% 86% 86%
SoPac4%s 69 87% 86 , 86%
So Pac 4 Vj s 81 85% 85% 85%
So Pac Oreg 4 H8 '77 95'» 95 95^
So Ry gen 48 '56 A 70S 7.5 75'*
So Ryes'94 . 105*4 IO.V4 105%
So Ry gen 6s 66 97 96% 97
So Ry 6 % s '56 100'4 99·» 100%
So Ry Μ & Ο 4s '38 92 91% 92
S W Bell Tel 3%s'64. 106 106 106
Southw'n G&E 4s'60. 103 103 103
Staley A Ε 4s 46 105% 105% 105%
Stand Oil Ν J 3s '61 98 97% 98
Studebaker cv 63'45. 108'a 108% 108%
Swift & Co 3 % s '50 106% 106',a 106',
Tenn El Pw 6s 47 A— 95 94% 94%
Term As St L 4s '53 . 108% 108% 108%
Texas & Pac 6s *79 C. 103% 103', 103%
Texas & Pac5s 80 D. 103'» 103'^ 103%
Third Av 1st 5· '37 90 90 90
Third A ad in ex 5s'66 18 17 17
Tide Wat Oil 3%s'52_ 100·. 100', 100',
Toi St L· & W 4s '50 ... 99% 99'» 99%
lTn Oil of Cal 3 % s '52 110% 110% 110%
Γη Oil of Cal 6s'42 A 118% 118% 118%
L'nion Pac 1st 4s'47 . 114 113% 114
Γη Pac 1st rf 4s 2008 107', 107% 107%
Tnited Biscuit 5s'60. 107% 107% 107%
United Drug 5s 53 97% 97'* 97%
U S Rubber 6s '47 107 106'4 106%
rtah L & Τ 5s 44 A.._ 99% 99% 99%
U'tah Ρ & L 5s '44 102 4 102*, 102%
Util Ρ & L· 6s 59 ww.. 53 52% 52%
Util Ρ & L. 5 % ■ '47 52% 52 52
Vanadium cv 5s'41... 101 101 101
Ver Sug 1st 7s'42 ctfs 23 23 23
Va E4 Ρ 1st rf 48 '55. 108% 108% 108%
Va Ry 1st 3«is 66 Α.. lOô'a 105% 105%
Wabash 4%s'78 29% 29% 29%
Wabash 1st 6s 39 91% 91% 91%
Wabash 2d 5s '39 70 70 70
Wabash 5s '76 Β 30 30 30
Wabash 5s'80 D ctfs. 28 28 28
Walker H&S 4%»'45. 106% 106 106
Walworth 4s'55 . 81% 81 81%
Warner Bros cv 6s'39 95% 95% 95%
Wash W Ρ 1st 5s '39.. 106% 106% 106%
Westchester L· 5s'50. 120 120 120
West l'enn Ρ 3 '66. 106% 106% 106',
W Sh 1st 4s 2061 gtd. 92% 92% 92%
West'η Md 1st 4s '52. 102% 102% 102%
Westll .Md 6 %s '77 107% 107'. 107%
Westn Pac 6s '4 6 A 31% 31% 31%
West'n Un 4%s '50 92% 91% 92%
Westn Un cl tr 5»'38. 101% 101% 101%
WestnUn5s'51 91% 91% 91%
West'n Un 5s'60 89% 88% 88'n
Wheel Steel 4 %e '66 .. 100% 100', 100%
W Sp SU 1st 7s '35 et. 39% 39% 39%
Wilson & Co 4s '65 102% 102% 102%
Wis Cent 1st gn 4s'49 23 22% 22%
ï'nfrstn S&T 3%e '61. 148% 145% 145%
ï'ngstn SàT 4s «1 103', 103% 103%
ESQUIRE ISSUE OFFERED.
NEW YORK. July 26 (Special).—
Lawrence Stern and Co., Inc., is
making public offering today of 75,
000 shares of capital stock of Esquire
Coronet, Inc., at a price of $16 a
share. Esquire-Coronet, Inc., is a
corporation resulting from the recent
consolidation of the companies pub
lishing the magazines Esquire, Coro
net and Apparel Arts.
NEW YORK PRODUCE.
NEW YORK. July 26 <iP\.—Eggs. 20.016:
weaK. Mixed colors, special packs. 2·ί
26,2: standards. 'Z'Z\u\ firsts. 20J*-21: scc
onds. 19-20; mediums. I*1*-3·»: dirties. No.
1. 18>2-34: average checks. 17-17U.
Butter. 12,900. steady. Creamery, high
er than extra 11 a-iîi21 « : extra < i> J score»,
.'t 1J4: firsts (88-91). 283«-;u : seconds i*4
87 scores-. 20la-28. Centralized <90
score). .*^)1_'-34
Cheese. 29, 557. steady; State, whole
milk flats, fresh fancy. 1!»: fresh specials,
19'?; held, fancy. 19JJU. 23-24.
Live poultry, by freight, very slow. Broil
ers. Rocks. Leghorn. 19: fowl, colored.
22: Leghorn. J 7; old roosters. 14; turkeys.
11-20: ducks. 1 2.
By express, irregular. Broilers. Leg
horn 19-20: Rocks. 22-24: Reds. 18-20;
crosses. 20-22; fowl, colored. 18-22: Leg
horn 15-18: old roosters. 13-14; turkeys,
11-20: ducks. 12.
Dressed poultry generally firm. Fresh,
chickens, broilers. 1812-20; fryers. 21-26'2:
roasters. 22-29; fowl. 36-42 lbs.. 15-20;
48-54 IDS.. 1 7 12-221 „·: 00-05 lbs.. 29' 2
25la: old roosters. 151 ^-1 71 ^ : old turkeys
«Northwestern. Western and Southwestern).
15-2.1: ducks 15-17.
Frozen. chickens. broilers. 18 ''2-24:
fryers. 20-26; roasters. 22-28; fowl. .*16-42
lbs.. 15-20: 48-54 lbs. 17I2-22,2: 60-05
lbs.. 201 2-25'-2; old roosfrs. 1 51 -b-1 Τ1 ^: tur
keys (Northwestern and Southwestern). 17
28'2: ducks. 18-18'2.
FOREIGN MARKETS.
LONDON. July 26 <$*).—Stocks continued
icMve today and closed mostly higher.
Gilt-edged isues. industrials and home
rails were firm. Trans-Atlantics. oils and
mines held steady with Kaffirs higher on
Cape Town buying. German bonds ended
somewhat easier.
PARIS.—The Bourse was irregular at
the close today. International issues im
proved while industrials and government
bonds showed an uneven tone. Bank of
France ended 125 points higher. Suez
Canal eased slightly.
ODD-LOT DEALINGS.
By the Associated Press.
The Securities Commission reported to
day these odd-lot transactions by dealers
and specialists on the New York Stock
Exchange for July 2.1: 5.44* sales to
customers involving: 150.100 shares: 5.493
purchases involving 137.058 shares.
MONEY MARKET. ·
NEW YORK July Cf. (/Pi—Call money
steady: 1 per cent all dav: prime commer
cial paper, l per cent. Time loans steady;
H0-90 davs. iy4: four-six months. l'a per
cent: bankers' acceptances unchanged: 30
Oo days. four months. Λ-'i: five
six months. »»-A. Rediscount rate. New
York Reserve Bank. IV» per cent.
RUBBER FUTURES.
NEW YORK. July 2β (Λ*).—Crude rubbeT
futur» opened «teady. 1 to 11 higher.
September, 1* 83-56; December. 18.72-75:
March. 18.80-85.
ACTIVITY MOUNTS
AT STEEL HANTS
Institute Finds Operations
1.8 Points Higher at 84.3.
Per Cent.
Bj the Associated Press.
NEW YORK, July 26 —Operations
in the steel industry for the current
week advanced 1.8 points to 84.3 per
cent of capacity, compared with 82.5
per cent last week, the American
Iron and Steel Institute estimated to
day.
A month ago operations averaged
75 per cent of capacity, while a year
ago the rate was 71.5 per cent.
WOOL MARKET IMPROVES
QUIETLY DURING WEEK
By the Associated Press.
BOSTON, July 26 (United States
De-partment of Agriculture).—The
wool market made quiet but steady
Improvement during the last week.
Finer Western grown wool received
a moderate increase in demand and
quotations showed a firming tendency.
Fleeces were mostly quiet but asking
prices were steady.
Graded Ohio fleeces of combing
length were quoted at 40 to 42 cents
in the grease for fine delaine. 42-43
cents for staple combing length half
blood, 43-44 cents for three-eighths
blood and at 42-43 cents for quarter
blood.
·
MONEY IN CIRCULATION
CONTINUES TO DECLINE
By the Associated Press.
NEW YORK. July 26 —Money In
circulation continued to decline in the
week ended July 21, the condition
statement of the Federal Reserve
Board indicated.
Banking circles said the setback
was seasonal, pointing out cash turn
over normally dipped in Summer
months.
Money in use compared as follows:
Week ended July 21 $6,436,000,000
Previous week 6,457,000,000
Same period last year.. 6,153,000,000
, ,
Washington Produce
BUTTER—02 score. 1-pound prints 36;
14-pound prints 37. tub 35; ί-»η score.
1-pound prints. 35: '4-pound prints. 36;
tub .'14: market strong.
MEATS—Choice beef 22: calves. 17:
veal. 1". Spring lamb 23. Fall lamb. 22 :
cows. 15: ire-b pork. 30: frozen pork. 24;
pork loin 26: fresh hams 24 fresh
skinned ham 1!»: smoked hams 27: sliced
bacon 37 ; slab bacon. 3«i; compound. 13;
lard 15.
LIVE STOCK -PiRS. lO^al 1 : light hogs
ll,2alls4. mediums 1 1 1 : 220-250
pounds. 1 1 14a 1 1 1 ^. heavies OaJO'a; sows.
TaS'a: stacs. 5a6: calves. 7ai».
Prices paid shippers net fob. Washing
ton By the United States Bureau of Ag
ricultural Economics.
EGGS -Market *a-cent lower on U S
Government graded extras mediums; tone
generally steady Current receipts, una
21: hennery whites. 22a23. Government
eraded and dated white etcs—U. S extras
large 3<» U S. extras, mediums. 24: U. S.
standards large. 24l_
LIVE POULTRY—Market fullv steady to
firm Market higher on Eastern Shore
crosses. Fowl—Colored heavy. 1 Sal ? * :
No 2s. 13: Leghorns 12a14: No. 2s. 10;
roosters JO. Chickens—Crosses. 22a23;
Rocks. Virginia no quotation Leghorns
2 pounds ITal!» Turkeys, old hens. 16
ai7. old toms I3al4.
Fruits and Vegetable*.
Sales in large lots by original receivers
up to s a.m. today;
CANTALOUPES — Approximately SOO
crates North Carolina by express arrived.
Truck receipts moderate: supplies mod
erate; demand fair: market steady. North
Carolina. Ridgeway section, salmon meats,
standards all sizes, labeled. 1.25-1.50, few
1.75: unlabeled 2.Of*-1 25.
HONEYDEWS—Three California ar
rived. three unbroken cars on track. Sup
plies moderate. demand slow: market
weak. California. Jumbo crates 6s to Ss
1 25; few 1.50; standard crates Ps and
12s, 1.25: few 1.50. jumbo can'aloupe
flats 12s. 75-R5
HONEYBALLS—No carlot arrivals: no
cars on track. Supplies light, demand
slow: market weak. California jumbos.
27. 2 75; 45s, 3.00; standards. 4 5s. 2.25
2 50
CEI.ERY—No carlot arrivals: no cars
on track Supplies moderate; demand
slow market weak New York. a:? crates,
individually washed. :i-Ȕ dozen 1.50-1.75.
few 2.0(i Michigan Highballs. N5-901*
1 2 crates 2.00.
LETTUCE--Five California arrjved 10
broken and five unbroken cars on track.
Supplies liberal demand slow: market
weak. California. Western crates. Iceberg
type. 5 dozen 2.75-3.25. ordinary to fair
condition 1.00-1.75: New York Eastern
crates. Bie Boston tvpe. 2 dozen. 50.
ONIONS—Truck receipts moderate: sup
plies moderate demand slow market
steady 5«>-pound sacks, yellows. U. S No.
1 New Jersey. 85-1.00; Pennsylvania.
75-85.
PEAS—One New York arrived: two bro
ken and one unbroken cars on track
Supplies moderate demand light: market
steady. Bushel hampers. Telephones. Colo
rado. fair condition. 1.60-1.75: Washing
ton. 2.00: few higher; New York, bushel
baskets 1 .25.
PEACHES—-One South Carolina ar
rived. one broken and one unbroken cars
on track. Truck receipts liberal; supplies
liberal. demand slow; market weak.
South Carolina, bushel baskets Elbertas.
U S. No 1. 2-inch minimum. 2.25a2.50;
Belles and Hileys. U. S. No. 1. 2-inch
minimum. 2.25a2.50: fair condition. 2.00;
ordinary condition. 1.25: North Carolina,
bushel baskets Elbertas and Belles. U. S.
No. 1. 214-inch minimum. 2.25a2.50:
wasty. 1.50; holdovers, ordinary to fair
condition. 1.00a2.00: 1 .«-bushel baskets
Elbertas and Belles. U. S No. 1. 2-inch
minimum. 1.25al.50: fair condition. 1.00.
POTATOES—Truck receipts moderate
supplies moderate; demand light: market
steady Eastern Shore of Virginia, stave
barrels Cobblers. U. S. No. J. 1.75al.85:
New Jersey, 100-pound sacks Cobblers.
U. S No. 1. 1.20al.25.
TOMATOES—Truck receipts moderate:
supplies moderate: demand moderate: mar
ket steady. New Jersey, l';-quart climax
baskets. · : Γ> a 75
WATERMELONS—Boat receipts equiva
len to six cars North Carolina and three
cars Virginia arrived: freight. one South
Carolina arrived, two broken and one
unbroken cars on track. Truck receipts
liberal: supplies liberal: demand light:
market weak. Tom Watsons: South Caro
lina. freight receipts. 35-40 pounds aver
age. 40a.r>" each: Georgia, truck receipts.
28-30 pounds average. 15a25 each.
LIMA BEANS—Supplies moderate: de
mand light: market steady. Bushel ham
pers: Eastern Shore of Maryland. 1 25a
1.50: fair condition. 1.00: North Caro
lina. fa'r condition. 75al.00.
CORN—Supplies light: demand light:
market steady. Maryland, sacks. 5 dozen.
1.25.
SPINACH—Supplies light: demand light:
market steady. Pennsylvania. bushel
baskets. Savoy type, 1.00; New Zealand
type. SO
ORANGES—Four California arrived: one
car diverted: four broken and four un
broken cars on track. California, boxes,
4 no-».Mi. as to grade and size.
LEMONS--Cahfornla. boxes. No. 1,
7.50-8.00: No. 2. H.50-7.00. as to size.
CARROTS—No carlot arrivals: one bro
ken car on track. Pennsylvania bushel
baskets, tooped. 1.50: per dozen bunches.
30-35.
BLUEBERRIES—New Jersey, cultivated,
pints. 15-20: quarts. .30-35.
BROCCOLI—Pennsylvania, bushel orates.
1.50.
SNAP BEANS—Pennsylvania, bushel bas
kets. flat type. !)0-1.00: round type. 1.25.
AVOCADOS— Florida crates. 1.00-1.50.
mostly 1.25: Cuba, ventilated crates, 3.00
4.00. mostly 3.50.
BEETS — Pennsylvania. per dozen
bunches. 30.
PLUMS—California, boxes. Wickson,
2.00-2.25.
LIMES—Florida. S boxes, 3.00-3.60; Vi
boxes. 1.25-1.75.
HUCKLEBERRIES—Virginia, 32-quart
crates. I4al5 Per quart.
SWEET POTATOES—Alabama, bushel
basket», white yams. 1.50: few 1.75.
PEPPERS—New Jersey, bushel basket*,
65-75
RADISHES—Ohio. 1 β-quart basket·.
bunched. 40-00.
APPLES—Bushel baskets. U 6. No. 1,
Maryland. Virginia. West Virgioia and
Pennsylvania. Starrs. 2'4-inch minimum.
75-85: 2'a-inch minimum. 90-1.00: trans
parents. 2-inch minimum. 60-75: 2'«-inch
minimum. 85-1.00: William Redsa 2'/4-inch
minimum. 75-90: Duchess, 2U-inch mini
mum. 60-75.
DIVIDENDS ANNOUNCED
NEW YORK. July 26 (Λ>).—Dividends
declared:
Regular.
Pe- Stock of Pay
Rate.rlod record, able.
Boston Fund 18c 7-30 8-20
Brooklyn Edison $2 Ο 8-6 8-31
Celotex Corp 40c Q 8-6 8-10
Cons Edison Ν Y ...60c Q 8-6 0-15
Humme.-Ross Fiber 20c Q 8-3 8-17
Leath Co $2.50 pf __ 62'ae Q H-Lft 10-1
Manhattan Shirt _ 25c Q 8-10 R-l
NY&QKLt&Pw $2 Q 8-30 M14
Ν Y & Qn El Lt pf $1.25 Q 8-23 0-1
Photp Β 7% pi 1 d1-87''2C 8-20 9-1
i
Special Dividend
Of $1.50 Voted by
Food Machinery
By the Associates Press.
NEW YORK, July 26.—Directors o!
Pood Machinery Corp. have declared a
special dividend of $1.50 a share on
common stock, payable August 25 to
stockholders of record August 14.
In a letter to stockholders, President
J. D. Crummey pointed out this $1.50
dividend, with $1.0t) previously de
clared this year, provided the equiv
alent of a regular quarterly dividend
of 62 ',2 cents a share, or an annual
rate of $2.50
Previous regular annual dividend
rate was $1.00 a share.
Half Year's Net Compares
With $3,474,811 for
1936 Months.
By the Associated Press.
NEW YORK, July 26 —Sun Oil Co.,
producer, refiner and marketer of
crude oil, reported net income for the
six months ended June 30 of $4,376,
371, after depreciation, depletion, in
terest and Federal income taxes, in
cluding provision for surtax on undis
tributed profits, equal after preferred
dividend requirements to $1 90 a com
mon share. This compared with S3,
474.811, or $1.57 a shsre, in the same
period last year.
Bore-Warner Corp.
Borg-Warner Corp.. Chicago, makers
of parts for the automobile industry,
reported indicated net profit for the
quarter enjjed June 30 of $2,132,376.
after depreciation and normal Federal
income taxes, but before Federal sur
tax, equal to 92 cents a common share.
This compared with $1,882,763, or SI.59
a share, in the June, 1936, quarter.
Mengel Co.
Mengel Co., Louisville, Ky., makers
of plywood and veneers and domestic
lumber, reported net profit for the
quarter ended June 30 of $175,869,
after depreciation, depletion, interest.
Federal and State income taxes, com
pared with $71,423 in the June quar
ter last year.
CHICAGO LIVE STOCK.
CHICAGO. July 26 P< 'United States
Department of Agriculture'.—Hops. i.'J
ooo. incÎuumg ,T50o direct, market on
Rood and choice hogs generally steady to
In higher than Friday λ averake packing
sows fully ](» up. spots. 15 or more higher,
top. bulk cood and choice l>o-2 0)
pounds. 1Ί.', o-l .Tof>; 150-1" υ pounds,
1 ■.'.♦)(»-1 .'{.oo butchers from 2*4<,-'<25
pounds. 11>5-12>5. most good packing
sows 10..'i5-l 1 1 o. lightweights on the
butcher ord'-r ill 5-;i.Y
Cattle, χ ,ικκι. calve.-. 1.500: another
fairly active market on fed steers and
yearlings; steadv to 25 higher, mainly
10-15 up comparatively little beef in
run grnssy and short-fed offerings in
fairly broad demand, light heifer and
mixed yearlings, both grassy and fed kinds.
•-25 higher, a new high on crop practically
ail steers selling ar a new hi«h on crop
also with 17.00 paid for 1.2K1-pound of
ferings; best yearlings. 16.S5: heifer year
lings, 15 75: cows. ·_\5 higher most grass
I cows. 0.0o-7.50. with cutters. 4 οο-Γ» 50;
bulls strong to jo higher, vealers firm;
weichtv sausage bulls, 7.«»o down. mo.ct
active in. fat beef bulls: vealers. ο 5o-lo.5o;
very selects. 11.oo; stocicers and feeders,
strong to >5 higher, .scarce, mainly thin
natives selline at 0,50-7.50.
Sheep 7.000. includine 5.600 direct:
Spring lambs active, steady to strong;
«ood to choice natives. 10.75-11.25; top
paid by all interests; few cho:re yearlmcs.
» oo sheep firm at Friday's latp advance;
light-wehght ewes quotable from 5.0U-25
heaviers. 4.25 down.
·
FOREIGN EXCHANGES.
NEW YORK. July 26 Ρ—Foreign ex
change Arm Great Britain, demand.
4.077e; cables. 4.077r; KO-day bills.
4.065e; France, demand. 3.74*«. cables.
•T74V. Italy* demand. 5.26*4. cables,
5.. ♦>14.
Demands—Belgium. 16.84%: Germany,
free. 40.25: registered. 2H.O0; Travel.
27.00: Holland. 55.2.Ί. Norway. 25.01;
Sweden. 25.6»:; Denmark. 22.2·.' Finland.
2.21; Switzerland. 22.07*4: Spain, un
quoted Portugal. 4.54: Greece. .OP2:
Poland. 18.o:>: Czechoslovakia. .'MO:
Yugoslavia. 2.M.V. Austria. lS.sîn: Hun
gary. 10.75: Rumania. .74: Argentina.
.Ί.Ί.ΙΟη Brazil, s.Ho'^n: Tokio. 20.οθ;
I Shanghai. 20.60; Hongkong. 30.52; Mexico
City. 27 S5; Montreal m New York.
00 08Γ* New York in Montreal. 100.01 >«.
η—Nominal.
STEEL QUOTATIONS.
NEW YORK, July Qii ·„.ΐ· —S'eel prices
ner 100 pounds f o b. Pittsburgh
Blue annealed sheets, hot rolled. 2.40;
galvanized sheets. :i>o. black sheets, hot
rolled, 3.15: steel bars. 2.45.
MONTREAL SILVER.
MONTREAL. July 26 <P>—Silver futures
opened steady, unchanged to 5 higher.
July 44.85; September. 44 65; December.
44.60.
·
NEW YORK BAR SILVER.
NEW YORK. July 26 Bar
silver steady and unchanged at 44 V
MARKETADVANCE
BANISHES GLOOM
Spending Volume of Present
Year Expected to Soar
Above 1936 Level.
By the Associated Press.
NEW YORK, July 26—With the
stock market rounding out a solid
month of advance Wall Street has
become the abiding place of much
cheer and good feeling in contract
with the gloom and lack of confidence
that dominated sentiment through the
Spring months.
Looking back over the trail to
assess the events which released pent
up buying in the share list and at
the same time provided a new vista
of raising profits for Industry, ob
servers put their finger first on the
subsidence of industrial labor strife,
and next on official forecasts pointing
to a bumper wheat harvest this year.
Clearing of the labor skies was
credited with supplying the initial
force which brought timid buyers
back to the market after a decline
which had erased a large part of the
gains accumulated in the two-year
bull swing.
After the turn a lot of momentum
was supplied by a batch of surveys
on prospective trade and buying {55wer
based on the estimated crop yields.
Many thought the improved demand
for equities linked more closely to the
agricultural situation than any other
factor, although termination of the
struggle on the Supreme Court issue j
appeared to put a keener edge on
bullish sentiment last week.
Last year two golden streams |
created a great reservoir of public |
spending which was an important |
factor in speeding up the tempo of
trade recovery. The first was the
soldiers' bonus which brought new
animation in the trade marts in the !
late Spring.
Spending of bonus money continued |
to be reflected m activity in consumers' j
markets through the Summer, which j
was marked by a considerably less j
than seasonal recession in most trades, i
In the last quarter of the year came
the flow of dollars from extra divi
dends, wage increases and employ
bonuses, representing industry's com- j
promise with conditions created by the
undistributed profits tax.
Optimistic Wall Streeters think the
spending volume of the current year ι
will far exceed that of 1936 in spite
of the heavy contribution made by the
bonus. The expected large increase
in farm income should prove an effec
tive substitute for the $2,000.000.000
grant to the soldiers, it is contended. !
Industrial profits for the first half,1
ω
higher in many instances than for the
same period last year, appear to ha^f
sown seeds for another crop of extrt|>
dividends and bonuses for workers,
although no one can yet predict the
harvest.
Wall Street is tuning up its cheering
squad for action in case the United'
States Steel Board decides to order a,
dividend on the common stock at to
morrow's meeting.
There have been rumors of such
action, although general opinion i*
that the corporation will pay off the
remaining arrears of $1.25 a share on
the preferred and wait another three
months or so before considering re·
sumption of payments on the common.
Whenever the dividend comes it will
be something of a red letter day in
Wall Street. For some reason the
stock lies a little closer to the street's
emotions than others on the list.
SPICER EARNINGS GAIN.
NEW YORK. July 26 (IP).—8picer
Manufacturing Co., Toledo, parts manu
facturer for the automotive industry,
reported consolidated net profit for
the six months ended June 30 of
$719.197, before undistributed profits,
surtax, equal to $2 05 a common share,_
compared with $694,716. before Fed
eral income taxes, In the like 1938
period.
Own Your Home
Outright in 20 Years
$9.50 per $1,000.00* per month
pays all carrying charges and
taxes.
•Approximate.
Consult
Shannon & luchS
Mortrife Loan Correspondents
INVESTORS SYNDICATE
1505 H St. N.W. Notl. 2345'
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BAUM'S FURNITURE HOUSE
14IR Eye St. N.W. Phone ΝΑ. I1M
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Established Nearly 40 Tean
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BU'lOin® 4 iQAH I
ASSOCIATION COUNCIL ^O.C. I
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IusOtR. 5UOLR/1SIOM « I
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1713 Κ St. N.W.
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HOME LOANS
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