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Evening star. [volume] (Washington, D.C.) 1854-1972, December 20, 1937, Image 17

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-12-20/ed-1/seq-17/

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CORPORATE BONDS
AT STEADY LEVELS
Moderate Gains in Junior
Carriers Are Recorded.
U. S. Group Mixed.
Bond Averages
20 10 10 10
Rail* Indust CJItl P’tsn
Net change. +.3 .1 f.i +.1
Today, noon 73.5 97.0 91.3 66.0
Previous day 73.2 96.9 91.2 65.9
Month ago.. 71.4 97.3 92.4 65.3
Year ago... 96,7 104.0 101.9 71.4
1937 high... 99.0 104.4 102.8 74.7
1937 low_ 70.3 96.21 90.3 64.2
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 .. 107 0 Prev. day. 106.9
Month ago 106.3 Year ago. 113.1
1937 high. 113.7 1937 low. 105.6
1936 high. 113.5 1936 low.. 110.2
192? high. 104.4 1932 low.. 86.8
(Compiled or the Associated Pres*.)
B> the Associated Press.
NEW YORK. Dec. 20.—Moderate
gains in low-priced rails and small
advances generally throughout the
domestic and foreign lists character
ized a steady bond market today.
Government issues were mixed. The
foreign list was firm.
M-K-T 5s of ’62 led the rails with
gains of around 2';;, with Alleghany
5s of ’50 stamped following just be
hind. Gains ranging from fractions
to more than a point were registered
by the Santa Fe 4s, Baltimore & Ohio
convertible 4’2s of '60, Chesapeake &
Ohio 4'2s and Illinois Central 4^s.
Small gains were also made by
American Telephone 3>4s and West
ern Union 5s of '60.
INVESTING COMPANIES
NEW YORK. Dec. Co i)Pi.—New York
Security Dealers' Association:
i Noon quotations i
Bid Asked.
Admin Fd 2nd Inc 12.14 1202
Am Business Shrs _ .71 .78
Am Gen Eq Inc _ .(>5 .7.3
Am Ins Stocks _ 4.50 4,75
Bancamer Blatr _ 3 875 4.S75
Bankers Nal Inv Corp _ - 2.375 3.25
Basic Industry 3.51
Boston Fund Inc 10.15 17.27
Broad St Inv _ 22.03 24.52
Bullock Fund _ 1.3.50 14.025
Corporate Trust _ 2.2.3 _
Corporate Trust AA ... _ 2.14 _
Corp Tr AA mod _ 2,0.3 _
Corp Tr Accum Ser_ 2.14 _
Coro Tr Acc mod __ 2.03 _
CumuleUv-p Tr Sh _. _ 4.00 _
Depoy Bk Sh N Y A _ 1,50 _
Depns Ins Shrs A _ 2.03 _
Depost Ins Shrs B 2.43
Dive*sifled Tr C _ 3.50
Dividend Shrs _ 1.23 1.3.3
Equity Corp $5 pf __ 21.50 27.5o
Fidelity Fund Inc _ 18.45 10.80
First Boston Corp __ 12.Oo 1.3.50
Fiscal Fund Bk Sh 2.4-1 2 os
Fiscal Fund Ins __ 2.00 3.20
Fixed Trust Sh A _ 0.15
Fixed Trust Sh B _ 7.25
Found Tr Sh A _ 3.80 4.05
Fund Investor- Inc __ 15.02 10.02
Fund Tr Shrs A _ 4.70 5.25
Fund Tr Shrs B _ 4.20
Gen Capital Corn 28.83 31.00
Gen -Investors Tr 4,05 5,no
Group Sec Agriculture l.lo 1.27
Group Sec Automobile . .._ .75 .83
Group Sec Building _. 1.23 1.34
Group Sec Chemical _ l.lo 1.27
Group Sec Food .72 .80
Group Sec Invest Shrs __ .00 .70
Group Sec Merchandise_ .84 .02
Group Sec Mining _ 1.14 1.24
Group Sec Petroleum _ 1.03 1 1.3
Group Sec R R Equip_ .so .88
Group Sec Steei _ 1.10 1.27
Group Sec Tobacco _ .so .08
Huroh Holding .34 .14
Incorp Investors 16,34 17.57
Instl Sec Bank Group_ 1.00 1.24
Instl Sec Insurance__ J.18 1.32
Investors Fd "C" Inc H.S.3 10.44
Keystone Custodn B 2_ 22.51 24.61
Kenstotre Custodn B .3_ 15.08 16.40
Keystone Custodn K 1 __ . 15.75 17.14
Keystone Custodn K 2_ 10 64 11.03
Keystone Custodn 8 2.. 14.48 15.87
Keystone Custodn 8 4_ 5.01 5.55
Major Shrs Corp . 2.25
Maryland Fund __ 5.03 0.50
Mass Invest Tr . _ 10.64 20.84
Mutual Invest _ lo.4o 11.37
Nation Wide Sec _ .3.20 .3.30
Nation Wide Voting _ 1.24 1.37
Natl Investors 4.05 5.10
New England Fund 12.31 13.24
N Y Bk Tr Shrs .. . 2.75
N Y Stocks Bk Stock 7.0.' 8.25
N Y Stocks Bide Supply 7.03 7.01
N Y Stocks. EIpc Equip 7 77 8.41
N Y Stocky Insurance 7.84 8.48
N Y Stock- Machinery 7.58 8.20
N Y Stock- n R Equln 7.00 8.55
N Y Stock. Steel 1.00 8.55
North Am Bond Tr ctfs 53 25
Nor Am T. Shares 105.3 2.10 . _
Nor Ain Tr Sh 1055 2.50 _
Nor Am Tr Sh 1050 2.54 _ |
Nor Am Tr Sh 1058 _ 2.31
Plymouth Fund Inc 44 .52
Quarterly Income Sh 10.78 11.so
Schoellkopf-Hutton A Pom 1.25 2.125
Selected Am Sh Inc 0.10 10.02
Selected Income Sh 3.00
Sovereign Invest _ .08 .75
Spencer Trask Fund_ 14.80 15 58
Stand Am Tr Shrs _ 2.00 2.80 1
Stand Util Inc _ .50 .04 .
Super of Am Tr A _ .3.01
8uper of Am Tr AA _ 2.00
Super of Am Tr B_ _ 3.13
Super of Am Tr BB_ 2.00
Super of Am Tr C _ 5.73
Super of Am Tr D_ 5.73
Supervised Shrs _ 0.41 10.23
Trustee Stand Inv C_ 2.30
Trustee Stand Tnv D. __ 2.25
Trusteed Am Bk B ' .60 68 :
Trusteed Industry Shrs.05 1.04
Wellington Fund __ 12.07 14.20 '
NEW YORK BANK STOCKS
* NEW YORK Dec. 20 f/P..—New York
Security Dealers' Association'
'Quotations as of 2 o’clock. 1
, . „ Bid. Asked
Bk of Am (2.40) 4:1 45 |
Bk of Man (I'M _ *’1 i
Bankers Tr (2) 45 47 i
Bklyn Tr '4) "" “I 78 8.3
Cen Han Bk A Tr < 4) _ 85 88 1
Chase Nat (1.40) _ 30’5 I
Chem Bk A Tr (1.80) _ 4p, 431,
Commercial (Hi in 137 '
Cont Bk A Tr (.801 1 i. 103/, ’
Corn Ex Bk A T on “ ~ an sf
Empire Tr <1> __ 3,., 8AV. |
First Nat (Bosi (2) _ _ 35 dy
First Natl (1001 _ '*1765 1 siU
Guaranty Tr (12) _ 1 5.>5
Irvine Tr (.60) ” ~f<»i , i'll'
Manufacturers Tr (2) II .35 ' 37
Manufacturers Tr pf i2) 46 48
Natl City (1) ‘'((S'. ->ui/
n y Trust, .5) ...ooi? _o.3(?
Public (l'/aa) xd ..._ 281, "03?
Tide OAT ".? "SM
a—Also extra or extras.
FEDERAL LAND BANKS
Ban'k'bon?RK °6C 20 ^'-Federal Land
4'.4S Nov., 1058-38 _103V, Aiu3p
4s May. 1058-38_ Km? lop?
4s July 1046-44 ..110 ixo*2
3'ys May. 1055-46_ 1027b IO.'Ur
3s July. 1055-45_ 1011? loti?
3s Jan 1050-46_ 101'? 1(113?
3s May. 1056-46_ IUIV2 1014?
NEW YORK SUGAR.
NEW YORK. Dec. 20 OP).—Early ad
vances of 1 to 4 points In the No. .3 con
tract In the sugar futures market were
lost in later trading today under liquida
tion and hedge selling. The trade re
ported a bearish interpretation of the
1038 quota figures
January No. 3 sold down from 2.35 to
2 32 and July from 2..30 to 2.32. or 2 to 3
eoints net lower. The market at the
eelnnlnR of the last hour was at or
Within a point of the lows. There was
little variation in the No. 4. with prices
unchanged to 'i point net higher.
•-•
METAL MARKET.
NEW YORK Dec. 70 (P).—Copper
;teady: electrolytic. spot and future
0.12Vi-11.00: export. 10.05. Tin steady:
spot and future. 42.25. Lead steady: spot.
New York 4.75-80: East St. Louis, 4.00
Zinc steady: East St. Louis, spot and fu
ture. 5,00. Iron No. 2. f.o.b. Eastern
Pennsylvania. 25.00: Buffalo. 24.00: Ala
bama 20.00. Aluminum virgin. 00 per
cent. 20.00. Antimony, spot. 14.50.
Quicksilver. 81.00-83.00. Platinum pure
38.00. Wolframite. 24.00-26.00 nominal.
STEEL QUOTATIONS.
NEW YORK. Dec. 20 (48.—Steel prices
per 100 pounds fob Pittsburgh: Blue
annealed sheets hot rolled. 2.40. Gal
vanised sheets. 3.80. Black sheets, hot
rolled, 3.15. Steel bars. 2.45.
VISIBLE GRAIN SUPPLY.
NEW YORK, Dec. 20 (£>).—Visible
supply of American grain compared
with, the previous week, in bushels,
follows; Wheat decreased 5,297,000,
corn-. Increased 1,903,000, oats in
creased 193,000, rye decreased 383,000,
barley decreased 142,000.
I
BONDS ON N. Y. STOCK EXCHANGE
By private wire direct to The Star.
TREASURY.
High. Low. 2:56.
2 74s'45 _ 102.15 102.14 102.14
27*8 1949-63_ 99.26 99.21 99.24
2%s 1946 47_ 103.26 103.22 103.26
2%sl948-51_ 102. 101.28 101.28
244 1951-64_101.6 101.4 101.6
244 1956-69 _ 100.29 100.28 100.28
27*8 1955-60_ 102.1 101.29 102.
3s 1946-48 _ 105.8 105.8 105.8
3s 1951-65_ 104.1 103.30 104.
3 748 1941 _ 107. 107. 107.
3 *4 s 1944-46 107.1 107.1 107.1
3%s 1941 -43 Mar 106.31 106.29 106.29
3 44s 1946-56 110.19 110.19 110.19
48 1944-54 112.8 112.8 112.8
4%s-S%s ’43-45 107.9 107.9 107.9
4 74s 1947-53.. 116.24 116.24 116.24
FEDERAL FARM MORTGAGE
3 74 s 1964 _ 103.16 103.16 103.16
HOME OWNERS' LOAN
2>,4s 1942-44_ 100.31 100.29 100.31
2%s 1939-49_101.14 101.14 101.14
Ss 1952 .... 103.7 103.3 103.4
FOREIGN BONDS.
Hiau. Low. 2:53.
Abltlbl Pa&Pw 6s ’53 58% 67'i 587*
Antioqula 7s'46 A_ 6% 6% 6%
Antioquta 7s'45 B_ 6% 6% 6%
Antioqula 7s’45 C_ 6'* 6% 6%
Antioqula 7s'45 D 6% 6% 6%
Antioqula 1st 7s T.7 _ 5% 5% 5%
Argentine 4s'72 Feb 87% 877* 877*
Argentine 4s’72 Apr. 88% 88 • 88
Argentine 47*s'71 __ 95% 95% 95%
Australia 47*s '56_ 100 100 100
Australia 5s '65__ 104% 104% 104%
Belgium 7s '55_113% 113% 113%
Berlin 6s '58 _ 18% 18% 18%
Berlin Elec 6s '55_ 21% 217* 21%
Berlin 674s '50 _ 20 20 20
Braztl 6%s'26-'B7_ 21% 21 ,21%
Brazil 674s'27-'67_ 20% 20% 20%
Brazil 8s 41 _ 22% 22% 22%
Bulgaria 7s '87 _ 31% 31% 31%
Bulgaria 77*s'68 ... 32% 32% 32%
B A 47*s-48* '77 Pv . 69% 69 69
Canada 3s '67 _ 94 93% 94
Canada 3 74a'61_ 100 100 100
Canada 4s '60 _ 108 108 108
Canada 5s'52 _112% 1127* 1127*
Carlsbad 8s'54_ 55 55 55
Chile 6s'60 _ 16% 16% 1674
Chile 6s'61 Jan_ 16% 157* 16
Chile 6s'61 Feb_ 16% 15% 15%
Chile 6s'61 Sept_ 15% 15*4 15%
Chile 6s'6'.’ _ 15% 15% 15%
Chile 6s'63 _ 167a 15% 15%
Chile 7s 42 _ 16% 16 16
Chile Mtg Bk 6s'61... 14% 14% 14%
Chile Mtg Bk 6s'62 14% 13% 13%
Chile Mtg Bk 67*s '57 13% 13% 13%
Chile Mtg Bk 6%'61 . 14% 13% 14
Colombia 6s '61 Jan . 13% 13% 13%
1 Colombia 6s '61 Oct.. 13% 13% 13%
Copenhagen 5s'52_ 99% 98% 98%
i Cubs 6 74s 45 _ 67% 67% 67%
Cuba 67*s '63 . _103% 103 103
Denmark'4 7*s'62_ 100 100 100
Denmark 57*s '55.._101% 101% 101%
Denmark 6s‘42_ 105 105 105
Dresden 7s'45_ 20 20 20
Estonia 7s'67_ 99 99 99
Frankfort 674s'53 ... 20 20 20
Ger C Bk A26s '38_ 3374 33V* 33%
Ger C Bk A 7s '50 35 35 35
GerCBk A26s'60 Julj 34 34 34
Ger Gov 5 74 s 65 st .. 25% 24% 24%
Ger Ren 7s'49 stpd.. 31% 31 31%
Grt C El Tap 7s'44 .. 73 73 73
Greek G 6s '68 pt pd . 26 25% 26
Helsingfors 6 7*s'60 105 105 105
Hung L M 7 7*s '61 B _ 18 18 18
Italy 7s'51 79 78% 79
Japan 57*s'65_ 66% 65'* 687*
Japan 67*s'64 _ 80 88% 78%
Kars fis '43 ct st prin 14'* >14% 14%
Kreug&Toll 6s 59 et 2974 28% 29>4
Low Austria 7 %s'50 98% 98% 987*
Medellin 6 7*8'54 _ 6% 6% 6%
Mex 4s ]0-'45 asst_ 3 3 3
Mex 4s 10-’4.r) ast sm. 2% 2% 2%
Mexico 4s '54 assd 2% 2% 2%
Mexico sf 5s '45 asst 37* 3% 3!a
Milan 67*8 -62 . 63 62 63
Minas Gers 67*s’68 . 11% 11% 11%
New So Wales 5s '67 101 101 101
New So W ales 5s "58 101 101 101
Norway 4s '63 1027* 1027* 1027*
Norway 474s '65- 1037* 103 10374
Norway 4 7*8'56_ 1047* 10474 10474
Norway 6s'43_106 106 106
Norway 6s'44 .. ....106*4 106% 106**
Norw Mun Bk 5s’70_. 1027* 1027* 102%
Oriental Dev 6 7*s‘68 58% 58% 5874
Oriental Dev 6s'58... «2% 6274 62%
Oslo G & E 5s '63_1007* 100% 100%
Panama 5 74s'53_101 104 104
Peru 6s '60_ 10% 10% 10%
Peru 6s '61_ 10% 10% 10%
Peru 7s '69 _ 12% 127. 12%
Poland 6s 40_ 64% 647. 64%
Poland 7s '47_ 78 78 78
Poland 8s'50 _ 62 61% 62
Porto Alegre 8s'61... 11% 117, 11%
Prussia 6 7*R'51 . 19% 19% 19%
Queensland 7s 41 ... 107'- 107% 107%
Rio de Jan fi 72s 53 . 11% 11% 11%
mode Jan 8s 46 .. 11% 11% 11%
Rio Gr do Sul 6s 08 . 11 10% 10%
Rio Gr do Sul 7s '66 . 11 11 11
Rio Gr do Sul 7s'67 . 11 11 11
Rio Gr do Sul 8s'46.. 14 14 14
Rome 6 74 s 52 _ 65 64 65
Sao Paulo C 8s '52 ... 12 12 12
Sao Pauio St 8s'36_ 19 19 19
Sao Paulo St 8s'50... 14% 14% 14%
Serbs 7s '62_ 32% 327. 327«
Serbs 8s'62 . .. 32 31% 32
Shin'su E P 67*s'52.. 69 69 69
Tokio E L Ltd 6s'58. 62% 61% 62
Ujlgawa El P 7s 45.. 75% 7574 75%
Uruguay 6s'60_ 51% 5174 51%
Uruguay 6s "64_* 517* 517* 51%
Uruguay adj '79_ 51 51 51
Warsaw 7s '58 __ 587* 58% 58%
Westphal E P 6s'53.. 20 20 20
Yokohama 6s '61 ... 64 63% 63%
DOMESTIC BONDS
Adams Express 4s'48 90 90 90
Alb Per \V P6s'48 ww 54 54 54
Alleg Corp 5s '44 734 734 734
Alleg Corp 5s 49 664 66 664
AUeg Corp 6s '60 stp 354 34 34
Allis Chalmers 4s'52 102*4 1024 1024
Am & For Pw 5s 2030 594 594 594
Am 1 G Ch 64s '49 . 1034 1034 1034
Am T & T 3 V*s ’61_ 1004 1004 1004
Am T & T 3 4s '66_ 1004 1004 1004
Am T & T 44s 39 .... 100A 100A 100A
Am T & T 5 4 ■ 43 ... 1124 1124 1124
Am Wat Wks 6s'75 . 934 924 934
Anaconda deb 4 4s'60 1034 1034 1034
Anglo-Chil Nit 7s '67 304 304 304
Ann A 1st ex In 4s '95 43 42 42
Armour! D61 list 4s'55 864 86 864
Armour! Del )4s’67 . 86 86 86
A T&S Fe 4s'05-'55 .. 105 105 105
A T&S Fe gen 4s '95 .. 1094 1094 1094
A T&S Fe adj 4s '95 .. 103". 1034 1034
A T&S Fe ad) 4s 95 st 1044 1044 1044
A T&S Fe 4 4 s 48 1054 106 1054
A T&S F RMt dv4s’65 1044 1044 1044
Atl Coast L 1st 4s '62 924 924 924
Atl Coast L clt 4s '62 744 744 744
AtlCEun4 4s 64 75 74 75
Auburn Auto «4s'89 20 194 194
B & O lsi 4s 48_ 794 79 794
B*0 4%s 60 - 37 364 3614
B & O 1st 6s '48_ 824 82 824
B & O ref 5s '95 A_ 44 424 44
B & O 6s '96 F _ 434 424 434
B & O rf 5s 2000 D_ 434 424 434
• B & O ref 6s '96 C_ 61 504 504
B & O Swn 6s '60 ... 644 634 644
B * O Toledo 4s '59 . _ 574 574 574
Bang&Aroos 4s'51stp 1084 1084 1084
Bang & Aroos 5s '43 . 1124 1124 1124
Bell T of Pa 5s'48 B. 1184 1184 1184
Beth Steel 3 4s'66 ... 924 924 924
Beth Steel 4 4 '60 ... 100 994 100
Bos * Me 44s'61 J._. 464 46 464
Bos & Me 6s '55 _ 534 524 534
Bos & Me 6s 67 _ 504 494 50
Bos N V A L 4s'65_ 104 94 94
Hot Con M 6)33 34 ._ 84 8 8
Bot Con M 64s'34 Ct 84 8 8
Bklyn EdconS4'«6 1024 1024 1024
Bklyn Man T 44s'66 50 494 494
Bklyn Un El 6s'50 .. 76 76 76
Bkivn Un Gas 6s 45 . 1074 1074 1074
Bklyn Un O 6s'67 B 914 914 914
Bklyn Un G ref 6s '47 1024 1024 1024
Buff G E 44s'81 B 111 111 111
Buff K&P en 4 4s'57 43 42 43
B C R & N 5s '34 ct 9 9 9
Bush Term cn 5s 55 43 43 43
Calif Packing 6s 40 104 104 104
Camas Is 42 ctfs 104 104 104
Canada So 5s 62 A 106 106 106
Can dian NR 44s'61 1134 1134 1134
Can dian NR 44a'66 113 113 113
Can dian NK 4 4a'67 1134 1134 1134
Can'dtan NR *%a '55 1164 1164 1164
Can dian N 6s‘69 July 116 lift 116
Can'dtan P db 4a perb 864 86 86
Can dian Pae 4 4a'46 101 101 101
Can'dlan Pac 44s'60 964 964 964
Can dian P 6a '44 ct . 1184 113 113
Caro Cl & O 6a 'IS 1014 1014 1014
Carth* Ad 4a'81 *td- 60 60 60
Celotex 44a «7 ww.. 754 754 754
1
High. Low. 2:55.
Cent of Gacn 6a'46.. 12% 12 12%
Cent of Qa 6a ‘59 C . - 7 6% 6%
Cent of Ga rf 6%s'69 7% 7% 7%
Cent 111 BAG Ea'61 97% 96% 97
Cent of N .1 gen 6a '*7 33% 32% 32%
Cent of NJ gn 6s’87rg 30% 30% 30%
Cent Pao 1st rf 4s 49 99% 99% 99%
Cent Pac 6s '60 ... 74% 73% 73%
Cerfd deb 6 %s'48 .. 63% 63% 63%
Chea A O 3 Vis '96 D.. 95% 95% 95%
Ches A O 3Vis 9* E_. 95% 95% 95%
C A O gen 4%a '92 ... 119% 119% 119%
Chi A Alt ref *a 49_ 30 28% 29
Chi BAG gen 4s '58... 108% 108% 108%
Chi BAG 4Vis 77 ....104 104 104
Chi BAG ref 6s '71 . 108% 108% 108%
Chi BAQ1 div 3Vis'49 106% 106% 106%
Cht A E III 5s'61 ... 16% 16 16%
Chi A E 111 5s '61 ct... 15% 15% 15%
Chi Grt West 4s'69.. 18 17% 17%
ChilAL. sen 6s 66 5% 5% 5%
CMAStP gn 3%s'89 B 25 25 25
Chi Mil AStP4s'89 28 27 27%
CMAStP gn 4 V4s'8»C 30 29% 30
CMAStP 4%s'89 E... 29% 29% 29%
CMAStP 4%s 89 _ 31% 31% 31%
CMAStP 6s 75 .. 12% 11% 12%
CMStPAPadJ 5s 2000 4 3% 3%
Cht A NW gn 3Vi"'87 17% 17% 17%
Chi A NW gn 4s '87 .. 18% 18% 18%
ChlANW gn 4s '87 st. 18% 18 18%
Chi A NW 4V5B 2037 10% 10% 10%
Chi A NW 4Vis 2037 C 10% 10% 10%
Chi A NW 4%s '49... 6% 6 6%
ChlANW 464s'87 .... 19 19 19
Chi A NW gen 6s'8.7.. 20 19% 19%
Chi A NW rf 6s 2037 .. 11% 11% 11%
CANW Nr W 6Vis'36. 21% 20% 21%
Chi K IAP rf 4s '*4 .. 9 8% 9
Chi R IAP rf 4s’34 ct. 7 7 7
Chi R IAP gen 48'88. 18 17% 18
Chi R IAP 4 %s 62 . 9 9 9
Chi RIAP 4 Vis 62 ct.. 7% 7% 7%
Chi RIAP 4Vis’52 rg_. 8 8 8
Chi RIAP 4%s 60 . 4% 4% 4%
Chi T HAS Inc 6s'60.. 56 56 56
Chi A W In cn 4s'52- 99 99 99
Cht A W Ind 4% 62 92 92 92
Chi Un Sta 3 84 s '63 E 107% 107% 107%
Childs A Co 5s'43 ... 66 65% 65%
Cln G A E 3V48'66 .. 102% 102% 102%
CCC&St L gen 4s '93 89% 89% 89%
CCCASt L rf 4Vis'77E 76 76 76
Clev Un Ter 4 Vis 77. 93% 93% 93%
Clev Un Ter 5s '78 B 100 99% 100
Clev Un Ter 6Vis'72A 105% 105% 105%
Colo FA I 6s'43 100 100 100
Colo A So 4 Vis '80 .. 48% 46% 48%
Cbl GAE db 5S-52 Ap. 95 95 95
Col GAE 6s '52 May . 95 95 95
Columbia GAE 6s'61 92% 92% 92%
Colum Ky PAL 4s'65 106% 106% 106%
Cornel Cretl 2%’42 . 99% 99% 99%
Cornel Credit 3% s'51. 95% 95% 95%
Conn R Pw 3%s 61A. 106V. 106V. 106%
Cons Coal Del 5s'60 55% 55% 55%
Cons Ed N Y 3V*s 46 103% 103% 103%
Cons Ed N Y 3Vis '66 104 103% 104
| Cons Gas NY 4Vis 51 107% 107% 107%
Consol Oil 3 Vis '61 97V. 96% 96%
Consum Pun 3 %s'65 1U3% 103% 103%
Consum Pwr3Vis'7u 101% 101% 101%
Consum Pwr 3 84 s '65 106% 106% 106%
Container deb 6s'43 .. 89% 89 89
Crane Co 3 %s'61 .. 98% 98% 98%
Crown C A S 4s '60 .. 105% 105% 105%
Cuba Northn 6%s'42 41% 41% 41%
Cuba RR 1st 6s'52... 43 43 43
Del A Hud ref 4s 48.. 59% 57% 58%
Del P A E 4%s '69_ 105% 105% 105%
Den GAE 6s '51 ... 107% 107% 107%
Den G A E 5s '51 st... 107% 107V* 107%
Den A H G con 4s 36. 13% 12% 13%
Den A R G 4 Vis'36 ... 13% 13% 13V4
Den A RG W 6s'65 .. 6 5% 6
I Den A RGW 5s'55asst 5% 5% 5%
| D A R G W rf 6s'78 . 9% 8% 9
Det Edison 3 Vis 66 . 105% 104% 104%
Det Edison 4s'65 F.. 110% 110 110%
Det Edtson 5s'52 . 101% 101% 101%
Dow Chemical 3s'51 102% 102'* 102%
Dul S S A Atl 5s 37 26 26 26
Duquesne Lt 3Vis'65 107% 107% 107%
■ Elec Auto Lite 4s '52 100 100 100
| Erie cv 4s '53 B_ 53 53 53
j Erie cons 4s 96_ 86 35% 86
1 Brie gen 4s '96_ 61% 61% 61 Vi
Erie ref 6s '67_ 50% 49% 50%
Erie ref 6s '75 50 49 49%
; Erie A Jersey 6s '55.. 106 105% 106
Fed EtATr 6s'42_ 100 99 100
Fla E C Ry 5s '74 .. 7 7 7
FIs EC Ry Rs '74 ct.. 6% 6% 6%
Fond JAG 2s-4s'82 ct 1% 1% 1%
Gen Am lnv 5s '62 ... 101% 101% 101%
Gen Mot Acc 3s'45... 102 101% 102
Gen Mot Acc3% '61.. 102% 102% 102%
Goodrich 4V4S'66 ... 93% 93% 93%
Goodrich 6s’45 _ 95 94% 94%
Goodyear TAi^ 6s'67. 103 102% 102%
GrtNrRy 3%s’67 ._ 79% 79 79%
Great N Ry 4s 46 G.. 105% 104% 105
Grt N Ry 4s '46 H . 97 96% 96%
GtN R gn 4 Vi s ’76 D 90% 90 90%
Grt N R gn 4 Vis '77 E 90% 89% 90
| Grt N R gn 5s'73 C.. 97% 97% 97%
; Grt N R 5Vis '62 B ... 105 104% 105
j Green Bay 5s 62 B... 11% 11% 11%
! Gulf M A N 5s '50 .. 80 80 80
Gulf M A N 5Vjs '50 .. 82% 82% 82%
; Har Ky P C 1st 4s'54 73 75 75
Houston OH 5 % s 40 99% 99% 99%
llusatonic cn 5s'37 . 44% 44 44
I Hudson Coal Is 32 31 30', 31
Hud A Man inc 6s 57 Ik's 18 18%
Hud A Man ref 5s 57 53 52% 52V,
111 t.ell Tel 3 %s 70 . 11)7% 107% 107%
ill Cent col tr 4s '52_ 56% 56 50
111 Cent col tr 48 63 __ 48% 47% 48Vj
111 Cent ret 4s 55 ... 54% 53% 54%
111 Cent 4%s 66 41 40 40%
ICCASt L N O 4Vis'63 44 44 44
ICCASt L N O 6s 63 48 46% 48
j 111 Steel deb 4Vis'40. 106% 106V, 106%
Inter RT 1 rf 6s '68 _ 51V. 50V, 51%
Inter RT1 rf 6s'6fi ct. 50 49% 50
Inter RT 6s'32_ 17% 16% 17%
inter RT 7s'32_ 56% 54V, 54%
Interb RT 7s'32 ct_ 65 54% 54%
Interlake Iron 4s'47.. 73% 7BV, 73%
Int Grt Nr 5s'56 B... 20 19% 20
Int Grt Nr 6s'56 C... 20 19V. 20
Int Grt Nr 6s '62 A... 20 20 20
Int Grt Nr adj 6s’52 A 5% 5 5
Int Hydro El 6s 44 73% 72% 73%
Int Mer Marine 6s '41 63 53 53
Int Pap 1st 6s'47 A.. 88% 88% 88%
Int Pap ref 6s'55 ... 76% 76% 76%
Int TAT cv 4Vis'39— 89% 88% 89%
Int TAT 4Vis'62 _ 61% 61% 61%
Int TAT os'66 ... 65% 65% 65%
Iowa C lstArf 4s’51_. 2% 2** 2%
Jones&L Stl 4%s'61A 97% 97% 97%
Kans C F SAM 4s 36. 29% 29% 29%
Kans C So 1st 3s'50 . 70 70 70
Kan City So rf 5s '50. 65% 65% 65%
Kans C Ter 1st 4s'60. 108 108 108
Kans GAE 4 Vis '80... 106 106 106
Kings Co El 4s'49_ 81 81 81
Koppers Co 4s'61_101% 101% 101%
Laclede G 5 Vis'63 C. 63% 63 63%
Laclede G 5Vis'60 D. 63 63 63
Laclede Gas 6s 42 A 56% 56'% 56%
Lake SAMS 3%s'97rg 97% 97% 97%
Lautaro N'tt 1975s 31 29% 31
Leh AN E RR 4s'65. 95 95 95
Leh Val Coal 5s '64 29 29 29
Leh V NY 4V*s’40 gtd 60 60 60
Leh V P con 4S 2003 27% 27% 27%
Leh V Peon 4Vis 2003 31% 31 31
Leh V RR con 5s 2003 38% 38% 38%
Lex A E Ry 5s '65 ...117 117 117
Llgg A Myers 5s '51 . 122V* 122V* 1,22V*
Liquid Carbon 4s 47 . 105 105 105
Loews 3 Vis 46 ... 97% 97% 97%
Long Isl ref 4s'49 88% 88% 88%
Long Isl rf 4s '49 stp 88V* 88% 88%
Loriilard 5s'61 120 119% 120
La A Ark 5s 69 70% 70% 70%
Lou A Jeff Bid 4s '45 . 107 107 107
LA Nash3%s2003 . 81 81 81
L A N 1st 4s 2003_ 88% 88% 88%
LAN unlf 4s '40_104% 104% 104%
LAN 4 Vis 2003 C 93% 93% 93%
LAN Atl KAC 4s'55. 11114111% 111%
Me C RR clt 4s '46 A- 90 90 90
Manhat Ry 4s '90 ... 26 2514 26
Mich Cent 4%s'79 .. 90 90 90
Met Ed 1st rf 4%s '68 108 108 108
Mil El KAE 5s '61 . 99% 99% 99%
Mil El RAS L rf 6s’71 9814 98% 98%
Mil Spa A N W 4S'47- 16 16 15
Minn A St L rf 4s '49. 3 3 3
MStPASSM cn 4s '38 13% 18% 13%
MStPASSM 5s 38 ctd 14% 14% 14%
MStPASSM 6%s'78 67% 67 67
MStPASSM rf 6s’«6A 7% 7% 7%
Mo K A T 1st 4s '90 . 70 70 70
Mo K AT 4s 62 B ... 38% 38 38%
Mo K A T 6s '62 A ... 46 45% 46
Mo K A T adj 5s'67.. 23% 23 23%
Mo Pac 4s 76 _ 7% 7% 7%
Mo Pac 5s '65 A_... 24% 24% 24%
Mo Pac 6s 77 P.._„. 24% 24 24
Mo Pac 6s 78 G ..._ 24% 24% 24%
Mo Pac 5s 80 H- 24% 24% 24%
Mo Pac 6s 81 1 24% 24 24
MoPac6%s 49A ... 6 5^,
Mob A Ohio 4%s'77.. 16% 16% 16%
Mob A Ohio 5s 38 16% 16% 16%
Monona Pub S 4 %n’60 104 103% 103%
Mononp Pub 8 6s '66 93% 93% 93%
Monong Ry 1st 4s 60 106% 106% 106%
Mont Pwr 3%s 66 87% 87% 87%
Morris A Es 3 %s 2000 71% 70% 71%
MorrlsAEssaz 4%v66 57% 57 57
MorrlsAEssez 5s '65 69 69 69
Nassau Else 4a’61 gtd 26 25% 26
Natl Dairy 3%rBXww 98% 98% 98%
i
High. Low. 2:65.
Natl DIs P C 4 tys ’46 102% 102% 102%
Nat R M 4%a '28 as*t. 2% 2% 2%
Natl Steel 4a '66 . 107 106% 106%
Naw Orl P S 6a '62 A.' 96% 96% 96%
New Orl PS 6s 66 B 96% 95% 96%
New Or Ter 1st 4s '6* 78% 78 78V*
New Orl T&M 4%s’56 85 85 36
New Orl T&M 6a '64 B 37% 36% 87%
New Orl T&M 6%a'64 40 39% 40
N Y Central 3%s 52. 86 85% 86
NT Central 3%s 97._ 94% 93% 94%
NY Central 8%s '48 .. 90% 90% #0%
NY Cent con 4s'93 . 81% 81% 81%
NY Cent rt 4%a 2013. 70% 70 70%
NY C rf 4%s 2018 n._ 70% 70% 70%
NY Cent rf 6a 2013_ 78% 77% 78%
WYC&St L 4%» ’78 .. 66 65 65%
NY Cht &St L6s'3S. 87 87 87
NY Dock 1st 4s '51._. BO 60 50
NY Dock 6s '31 _ 46% 45% 45%
NY Edison 3%a'65 D 103 102’* 102%
NY Edia ref 3 %s '66.. 102% 102% 102%
NY G El H&P 6s '43 .. 122% 122% 122%
NY NH & H 3%a'54.. 21 21 21
NY NH & H 3V*s '66 — 19% 19% 19%
NY NH&H 4s'66_ 21 20% 21
NY NH & H 4s 16 __ 21 20 21
NY NH & H 4a'67 ... 10 10 10
NY NH & H 4 %s ‘67 22 22 22
NY NH & H Cl tr 6s'40 34 34 34
NY NH & H cv 6s'48. 22% 20% 22%
NY NH&H 6s'48 r*. 21% 2t% 21%
NY O&W gen 4s 65.. 6% 6% 6%
NY O&W ref 4s '92 .. 9% 8% 9
NY O&W rf 4s '92 rs . 7% 7% 7%
NY Steam 1st 6a'61 . 105% 105% 105%
NY S&W 1st rf 6s'37. 15% 15 15%
NY S&W gen 6s '40... 10% 10% 10%
NY S&W Ter 5s'43._. 43 43 43
N Y Tel 3 %a '67 __ 104 103% 104
NY Tel gen 4\*s '39.. 106% 106% 106%
NY Tr Rk 6s'46 stp.. 70 70 70
NY W&R4%a'46 5 4% 4%
Niag Falls P 3%s'66. 105 105 105
Niag Sh 5 % a '50 . 95% 95% 96%
Norf So 1st ref 6a'61. 12% 11% 11%
Norf S 1st rf 5s'61 ct. 10% 10 10
Norf & W 1st 48'96.. 118% 118% 118%
North Am Co Ba '61.. 100% 100 100%
North Am Ed 6a 69 C 99% 99% 99%
North Am Ed 5 %s '63 103% 103 103%
North Pac gn Ss 2047. 63 62% 63
North Pac 4s '97 .. 94% 94% 94%
North Pac 5s 2047 C.. 79 79 79
Nor'n Pac 6s 2047 D._ 79 77% 79 j
North Pac fis 2047_ 88% 88% 88%
Ogden I, C 4s'48_ 13 13 13
Ohio Edison 3%R’72. 96% 96% 96%
Ohio Edison 4s '65 .. 102% 102% 102V*
Ohio Edison 4s'67 .. 101 101 101
Okla G & E 3%s '66 . 101% 101% 101%
Okla Gas & El 4s 46 . 100% 100% 100%
Ont Pwr Niag 5s '43 . 111% 111% 111%
Oreg Sh L 5s '46 gld.. 118% 117% 118%
Oreg W KR 4i (1 .. 106 106 106,
Otis Steel 4%s'62 ... 72 71% 72*
Pac Gas & El 3%s'66. 100% 100% 100%
PacG& ES%a 61 ... 104% 104% 104%
Pac G & E t« 64 .. 109 108% 109
Pac T&T 3%s'66 C - 103% 103% 103%
Param't Pic 3%s'47 73% 73% 73%
Paramount Pic 6a '65 89% 89V* 89%
Penn Co 4s '63 _ 98% 98 98
Penn Dixie C Ks'41... 88% 88% 88% |
Penn P & L 4V*s '81_101% 101% 101%
Penn RH 3 % w 1 ... 88% 88% 88%
Penn RR 3 4*s'70 C 93% 93% 93%
Penn RR cn 4s '48 stp 113 113 113
PennRR4%s 81 D 102% 101 102%
Penn RR 4 V«s '84 101% 101% 101% j
Penn MR con 4 % s '60 118% 118% 118%
Penn RR gn 4 %a'65 105% 105 105%
Penn RR deb 4%s'70 91% 90% 91%
Penn RR gen 5s'68 . 110 110 110
Pere Mara 4%s'80 .. 76% 74% 75%
Pere Mara 1 st 5s-56 83 83 83
Phelps Dodge 3’.*s '62 101 101 101
Phila Co 5s'67 _ 92 91 92
Phila Elec 3’As'67 .. 106 105% 106
Phila * R C&l 5s'78. 15% 15 15%
Phiia & K C&l 6s'49. 4% 4% 4%
PillslHiry F M 6s '43 . 109 109 109
PCC&St L 4 % a ' 49 A . 108% 108% 108%
rcc&st L 4 >2 8 '42 B 110% 110% 110%
PCC&St L 4%s'77 C 104 103% 104
PCC&St L 5s'70 A 111% 111% 111%
Pltts&W Va 4%s'60 C 60% 60% 60%
Port Gen El 4 %s'60 55 53% 54%
PortGElst5e’35-50ext 104% 104% 104%
Postal Tel AC 5s '63. 10% 10% 10%
R-K-0 6s '41_I_ 87 87 87
Reading Jer C «s '61.. 77 76% 76%
Reading R 4V*s 97 A 91% 91% 91%
Reading R 4%s 97 B 91% 91% 91%
Kem-Kand 4%6'56ww 94 93% 94
Republic Stl 66. 80 79 80
Republic Stl 4V*s '61. 79 78% 79
Republic Stl 5Vis '64. 106 105% 105%
Rio G W col 4a '49 A.. 21 21 21
R 1 A&L lat 4%a'34- 9 9 9
Rutl’d RR 4%s'41 at.. 10 10 10
Safeway Stores 48-47. 101% 101% 101%
Saguenay Pw 4% a’86 100 100 100
St L1M&S R&G 4s'33 63% 63 63%
StL-San Fr 4s'60 A . 15% 15 15%
StL-San Fr 4s'50 ct.. 13% 13% 13%
StL-San Fr 4 %a'78 . 13% 12% 13%
StL-S F 4%s'7S ct st. 11% 11% 11%
St L-S Fran 5s '50 B-. 15% 15V, 15%
St L S F 5s'5(1 B ct — 13% 13% 13V*
St L S VV 1st 4S '89 .. 66 66 66
St L S W gn rf 5s'90 18V* 18 18
St L S W 1st ter 6a 52 25 25 25
St P E Minn 4s '48 105 105 105
St P Un Dep rf 5s'72. lib', 117% 117%
San A & A Pasa 4a'43 82 81% 82
San An P Svc 6s '52 A 109' , 109', 109' ,
Santa Fe P&P 5a '42 . 112% 112% 112%
Seabd A L 4s 50 stp.. 17% 16% .17%
Seabd A L rf 4s'59... 9 8% ’ 8*»
Seabd A L 6s 45 A... 10 9% 9%
Seabd A L 6s 45 ct... 9 8% 9
Seabd A-Fl 6a’35w4 ct 4% 4% 4%
Shell Un deb 3%s'51. 98% 98% 98%
Socony Vac SV4s’50 106% 106% 106',
South Bell T&T 5a'41 101% 101 v, 101%
So Pac 34*a '46 _ 86% 84% 84%
So Pac col 4s'49_ 68 67 68
So Pac ref 4s '65_ 93’* 93’* 93%
So Pac 4 %a'68.._ 65% 64% 65
So Pac 4V*s '69_ 66% 64% 65%
So Pac 4V*a '81 _ 64% 63% 64%
So Pao Oreg 4s'77_ 74% 74 74
So Ry gen 4s '56 A— 54 53% 54
So Ry 5s '94 _ 86% 86 86%
So Ry gen 6a '66_ 68% 68% 68%
So Ry 6%s '56 _ 71% 71 71
Spokane Int 5s'55 ... 16% 15% 15%
S W Bell Tel 3%s'64 108% 108% 108%
Stand OH N J 3s'61 . 100 99% 99%
Studehaker cv 6a 45. 62% 61 62%
Tenn El Pw 6s '47 A- 85% 85% 85%
Term As St L 4s 53 . 108’,, 108% 108%
Texas Corp 3 %s 51 . 105V* 104% 105
Texas & Pac 5s '77 B. 88% 88 88%
Texas & Pac 5s 80 D. 88% 88% 88%
Third Av ref 4a (0 30 29% 30
Third A ad In ex 5s'66 6 5% 6
Tide Wat Oil 3%s'52 100% 100% lOOVi
Tol & Ohio C 3 6*8 '60 100 99% 100
Tri-Conti 5s '53 _ 105% 105% 105%
Un E]ec<Mo)3%s'62. 106% 106% 106%
UnOil Calif 3 Vis'62. 107% 106% 107%
Un Oil Calif 6s '42 A. 117% 117% 117%
Union Pac 3 %a 71 .. 94% 94V* 94%
Union Pao 1st 4a ’47 1131* 113% 113%
Un Pac 1st rf 4s 2008 107% 107% 107%
Utd Cgr W Sirs 6s'52 63% 63% 63%
United Drug 5s 63 .. 78 77 77%
Utd Rys St L 4s '34... 24% 24% 24%
U S Rubber 5a 47 ... 105 104% 104%
Utah L&T 6s 44 A— 86V* 861* 86",
Utan P & L 6s'44 .. 88V* 88 88%
Util P& L 5s 59 ww. 50V, 50% 50%
Util P & L 5%s '47 .. 50V* 50% 50%
Vanadium cv 5s 41.. S3', 831 i 83%
Ver Sug lat 7s'42 ct . 10", 101, 10%
Va E & P 1st rf 4s'55. 109% 109% 109%
Wabash 4 %s 78 _ 13% 13% 13%
Wabash 1st 5s 39_ 70 70 70
Wabash 2d 5s 39_ 39% 39% 39%
Wabash 6s 76 B_ 14% 13% 14%
Wabash 5s'80 D_ 14% 14% 14%
Wabash 6%s'76 _ 14% 14% 14%
Walker H&S 4%s '46 108% 103% 103%
Walworth 4s '66 67% 67% 67%
Warner Bros cv 6s’39 75% 74 75%
Warren Br cv 6a'41 43 41% 41%
Wstchr Lt gn 3%s'67 1014* 101% 101%
W Pa Pw lat 6a '63 E 120% 120% 120%
W Sh 1st 48 2061 gtd. 78 74% 78
West Md lat 48'51... 93% 93% 93%
Weat Md 6%s '7?_ 97% 97 97
West Pac 6s 48 A ... 19 18% 18%
West Pao 6s'46 A as. 18% 18% 18%
West Un 4 Vis '60_ 60 69 60
West Un 6a '61 _ 66% 66V* 66%
West Union 6a'60_ 64% 68% 64
Wheel Steal 4 %s'66. 88% 83% 88%
W Sp Stl con 7s 16 ct 16% 16V* 16V*
Wilkes B&E 1st 6a 48 8 8 8
Willmar & S F 6s '38 101% 101% 101%
Wilson* Co 3%s'47 82 82 82
Wilson & Co 4s 66 98% 97% 97%
Wls Cent lat gn 4s’49 15 15 15
WlsCS&DT4s’36 8% 8 8
Wis CS&DT 4s '36 ct. 7% 7% 7%
Y'ngsln S&T 4s 61... 98 98 98
ESQUIRE PATS BONUS.
NEW YORK, Dec. 20 (Special).—
Payment of a Christmas bonus of 10
per cent of 1937 earnings to all em
ployes of Esquire-Coronet, Inc., was
announced by David A. Smart, presi
dent. Bonus checks were distributed
today.
1
Moderate Decline Revealed
Despite Best Volume in
Seven Years.
By the Associated Press.
CHICAGO, Dec. 20.—In spite of its
best sales volume in seven years,
Armour <Ss Co., today reported net in
come for the fiscal year ended October
30, totaled $9,712,792, compared with
$10,184,492 the previous year. These
figures were before the guaranteed
dividends on 7 percent preferred stock
of Armour of Delawa’re, a subsidiary.
This was equivalent to 62 cents per
common share outstanding, after full
provision for regular preferred stock
dividend requirements, compared with
74 cents in 1936.
Sales totaled $788,279,705, an in
crease of 5 percent. Tonnage gained
three-tenths percent.
Swift & Co., another large meat
packing concern, yesterday reported a
decline in income balance transferable
to surplus while sales volume increased.
Net income of Armour of Delaware
and subsidiaries, which includes the
South American fertilizer and leather
operations, totaled $12,417,019 com
pared with $7,458,331 the previous
year. Other corporations in the Ar
mour group, however, sustained a loss
of $2,704,227.
Robert H. Cabell, president, said
declining prices in the closing week of
the fiscal period resulted in inventory
losses which reduced earning prospects.
"The outlook for the current year is
uncertain," Cabell said. "General
business conditions are unsatisfactory
and there has been a consumer resist
ance to high meat prices that has cur
tailed consumption in most parts of
the country, due principally to unem
ployment.
... " > .....
Washington Produce
BUTTER—92 score, 1-pound prints. 43:
J«-pound prints. 44. tub 42; 9n score.
1-pound prints 42; 5 4-pound prints. 43;
tub. 41; market strong
MEATS—Choice beef. 23: calves. 18;
lambs. 21: veal 19; sows 15: fresh pork.
19: frozen pork. 2o: pork loin. 30: fresh
ham. 19; large skinned ham 16; smoked
ham. 26: smoked skinned ham. 23: sliced
bacon 35: piece bacon. 30. compound.
10*2: lard. 12.
LIVE STOCK — Pigs. 7‘2aT-J4: light hogs.
734»*: medium, ^8*4 230-250 pounds.
75*uS: heavies. 7U. sows. 5x2a6U. stags.
4,4R5,/4: calves. ]l34al2'4.
Prices paid shippers, net f o b. Wash
ington. By the United States Bureau of
Agricultural Economics.
EGGS-—Market irregular. United States
government eggs unchanged, but nearby
ungraded eggs 1 cent lower Government
graded and dated eggs; Whites. U S.
extras, large. 34: U. S extras mediums.
27: U. S. standards large 30J2; U. S.
standards, mediums. 21 Nearby ungraded
eggs Current receipts. 27-28: whites,
29-30.
LIVE POULTRY—Market on turkeys un
settled. but prices unchanged. Quotations
on other types of poultry nominal. Fowl,
colored, heavy. IS; No. 2-. 13; Leghorns.
14. roostera 12 .0 13: chickens. Virginia
Rock.,. 22 to 23 Delaware Rocks and
crosses 22; mixed color . IS: turkeys,
young hen.~ 24 to 2r>; young toms. 22 to
23, No. 2s. 17 to IS; old hens and toms.
IS to 19; guineas. 2 lbs. and over 50 each;
under 2 lbs.. 4m each, capons. 7 ib«. and
over 28 to 3o slips -nd undersizes. 22
to 25.
Fruits and Vegetables.
Sales in large lots by original receivers
up to 8 a m. today;
APPLES—Seven Washington arrived; 1
one broken and eight unbroken cars on
track. Bushel baskets. U. S. No. 1. sup
plies moderate, demand moderate mar
ket steady. Maryland Pennsylvania. Vir
ginia and W’est Virginia. Grimes. 214-inch
minimum. 50-60; 2 * 2-inch minimum. 65
75: 2^4-inch minimum, 75-85; Staymans.
2V4-inch minimum 60-66: 2l’a-inch min
imum. 90-1.00: 2*4-inch minimum. 1.10
1.15: Yorks. 214-inch minimum. 50-60:
2‘a-inch minimum. 75-85; 234-lnch mini
mum. 85-90: Black Twigs. 214-inch mini
mum. mostly around 60. 2»2-inch mini
mum. 75-85: 234-inch minimum 90-1.00;
Golden Delicious. 2,4-inch minimum. 65
75: 2,a-inch minimum. 90-1.00; 234-inch
minimum. 1.15-1.25: Delicious. 2>4-inch
minimum. 85-90; 2,n-inch minimum 1.15
1.25. Boxes and cartons: Virginia and j
Pennsylvania combination extra fancy
and fancy: Golden Delicious. 113s to 163s.
1.25-1.50; 100s and larger 1.50-1.75:1
Delicious. 113s to 163s. 1.35-1.50; 100s
and larger. 1.75-1.85; Paragons 138s to
113s. 125-1.50; ions and larger, 1.59
1.05; Staymans 150s and 113s. 1.25
1.50; 100s and larger. 1.60-1.65: Romes
113s and J25s. 1.35-1.50; 190s and larg-;
er 1.50-1.75. C grade: Delicious 1.10-j
1.50. a* to size: fancy. Grimes. 1.00-1.25,]
as to size
LIMA BEANS—Supplies light demand
light: market steady Cuba, bushel hamp
ers. mostly around 3 00
TOMATOES—One Cuba arrived: one
unbroken car on track. Supplies light;
demand light: market steady Florida,
lug boxes, green r;pes and turning,
wrapped. 6x6. fair condition 3.00-3.50;
poorer. 2.00-2.50; 6x7. 2.50-3.00. poorer.
1.75.
CABBAGE—Two New York one South
Carolina arrived one broken and three
unbroken cars on track. Supplies mod
erate; demand moderate: market steady, j
South Carolina. Pa-bushel hampers,
pointed type, freight receipts. 1.25; truck
50-pound sacks Danish type. 85-90.
MIXED VEGETABLES—One California
arrived: two broken and one unbroken cars
on track.
SNAP BEANS—No carlot arrivals; no
cars on track. Sunolies light; demand
light: market steady Florida, bushel
hampers, stringless Black Valentines, 3.00
3.26: Bountifuls 2.00-2.50.
EGGPLANT—SuDPlies verv light; de
mand light: market steady. Florida. l*i
bushel cartes, green, fair qualitv 1 50-2.00.
SQUASH—Supplies very light: demand
light; market steadv. Florida, bushel
hampers, white, wrapped. 2.50.
CUCUMBERS—Supplies verv light: de
mand light: market steady. Cuba, bushel
crates, fair quality. 3.00.
PEPPERS—Supplies light: demand light;
market steady Florida. P-bushel crates,
green, fanev. 3.00-3.50.
OKRA—Supplies insufficient to quote.
Celery Prices Steady.
CELERY—One California, two New York
arrived; seven broken and six unbroken
cars on track. Correct Saturday’s track to
read seven broken and four unbroken cars
on track instead of five broken and three
unbroken cars on track. Supplies moder
ate; demand light: market steadv. Califor
nia. 1 j-crates. individually washed. 3-6
dozen. 2.50-3.00.
LEiTtJCE—Two Arizona arrived: six
broken and four unbroken cars on track
Supplies liberal: demand slow; market :
weak. Western crates Iceberg tvpe. Ari
zona. 5-dozen. 3.00-3.25; 4-dozen. 2.75
ONIONS—One Indiana, one Wisconsin
arrived, one broken and six unbroken
cars on track. Supplies moderate: de
mand light; market steady. 50-pound
sacks. U. S. No. 1: Yellows. New York
and Ohio. 1.40-1.50: Valencias 3 inches
arKCr: Idaho and Washington. 1.40
PEAS-—One California arrived, two bro
ken and one unbroken cars on track
Supplies moderate; demand light: market
phones. 2°.?® bUshel ^per,™^
POTATOES- -Sever, Maine arrived, three
broken and nine unbroken cars on track.
Market steady. 10n-pound sacks. U. S
No. J : Maine, Green- Mountains, U. S.
No. 1- -I.d5-1.45. Idaho. Russet Bur
banks. l.So-l.OO. Florida, bushel crates
Bliss Triumphs. U. S. No. 1. 1 76-" 00
SPINACH—No carlot arri vals Vo cars
P.o track. Supplies moderate: demand
light: market weak. Virginia, bushel bas
kets Savoy type. 1.00.
KALE—Supplies moderate: demand
baskets.moo-!o. Ste,dy' Virgln“' “
COLLARDS—-Supplies moderate: de
mand light: market steady. Virginia
bushel baskets. 30-40. Virginia.
CAULIFLOWER—No carlot arrivals
one broken car on track. Supplies mod
erate: demand light: market steady
Crates: Long Island. 1 00-1.25. Call
lornia. mostly around 1.40.
SWEET POTATOES—One North Caro
lina arrived, one broken and one un
broken cars on track. Supplies mod
erate; demand light: market steady.
South Carolina. bushel crates Porto Ricans.
U. S. No. 1.15-1.25. Eastern Shore
Virginia, bushel baskets Porto Ricans. 1.15
1.25. Maryland Anne-Arudel County,
bushel hampers. Jersey type. 1.00. North
Caroline, bushel baskets Porto Ricans
lair condition. 1.00. means.
j AVOCADOS—Florida, flat crates, , 75
BROCCOLI—No carlot arrivals: two
broken ^cars on track. California, crates.
CARROTS—No carlot arrivals: one
broken car on track. California. Western
crates. 3.25-3.50: Pennsylvania, bushel
baskets, topped. 75-85.
CRANBERRIES—No carlot arrivals;
one unbroken car on track. Massachu
setts. y.-barrel boxes. 2.50.
GRAPES—California, lugs Emperors.
1.50- 1.05.
GRAPEFRUIT—Two Florida arrived;
four broken and one unbroken cars on
track. Florida, boxes. 1.75-2.60, as to
grade and size.
KUMQUATS—Florida. 8-10 per quart.
LANDCRE$S—Virginia, ijushel baskets.
’ LEMONS—California, boxes. No. I,
7.00-7.50; No. 2. 6.00-8.50.
LIMES—Florida, '/.-bushel boxes. 1.00
1 Mushrooms—Maryland and Pennsyl
vania. 3-pound baskets. .15-75.
ORANGES—Two California. (even
Florida arrived: three broken and five
unbroken cars on track. Florida, boxes,
1.50- 2.50, as to grade and size. ,
I
Broad Changes in Rural
Methods Outlined by
Federal Report.
A reminder of the broad changes
that engineering developments in
farming have made in the way of
life of the American people prefaces
the annual report of E. H. McCrory,
chief of the Bureau of Agricultural
Engineering, to Secretary ^Wallace.
“A century has passed since the
invention of the steel plow and the
grain harvester,” he says. "Today
there are more than 1,250,000 farm
tractors in use, electric power is
available on 1,000,000 farms, 85,000,
000 acres of the best agricultural
land are in organized drainage dis
tricts, 19,000,000 acres are under irri
gation in the West and supplemental
irrigation is now practiced on nearly
1,000,000 acres in the humid part of
the country east of the 100th me
ridian.”
There is now a strong tendency
for engineering improvements to favor
the family-size farm, says Mr. Mc
Crory. He cites the fact that there
has been no very noticeable tendency,
except in the exclusive wheat regions,
for farms to become larger. Among
recent developments are the handy
general-purpose tractors, many now
on pneumatic tires, and the "baby”
combine grain harvesters adapted to
small fields. In spite of the increase
in the number of machines, the
report says, the quantity of metal
used in farm implements is about
the same as in 1917, showing that
farmers are getting more out of it
than they did 20 years ago.
Although recently farmers have
been heavier buyers of new imple
ments and have been renewing their
interest in land drainage, the report
says large numbers of farms are
poorly organized and badly equipped,
and deplores the neglect of farm
houses and other farm buildings “to
such a degree that new construction
and repairs do not at present make
up for normal depreciation.” Part
of this neglect of basic equipment,
it says, may be traceable to the
tendency to give first attention to
income-producing equipment or too
much Interest in the possibility of
buying more land when Income is on
the upgrade.
-•
PHILADELPHIA PRODUCE.
PHILADELPHIA. Dec 20 UP).—Live
poultry: Plymouth Rocks. fancy, 21-23:
mixed colors. 20-21: White Leghorns, extra
fancy, in: fancy. 17-18: ordinary. 14-18;
staggy young roosters. 17-lv old roosters.
14-15: pullets. Rocks. 25-26: Reds. 23
24; roasting chickens, all colors. f> pounds
or over fancy. 24 spring chickens. Plym
outh Rock, fancy. 3 pounds. 23: ordinary.
20-22 Red and mixed, colors fancy. 21;
ordinary. 10-20: turkeys, fancy young
hens. 25-27; toms, 22-23: ducks, white
Pekin. 5 pounds and up. 22-23 Muscovy
ducks, white. 16; black. J4-15, geese,
fancy. 111.
Dressed poultry: Turkeys. Northwest
ern young hens. 28-20: voun - toms 27
28: Western, young hens. 27-28; toms.
26*2-27*2: Southwestern, young hens. ”6
27. toms, 26-27; nearby, young hens. 28
young toms. 27-28: Virginia young
hens. 28-28*2; toms 27-27*2; fowls, fresh
killed. in boxes. Western. 20*2-25*2 city
dressed fowl, nearby. 29-30; chickens.
Western, in boxes. 27-27*2; old roosters.
1H-18‘V. capons. Western 30-36: stags.
Western. 20-22; geese. Western. 22*2-23;
nearby. 24-25.
Wheat. No. 2 red winter, garlicky. De
cember delivered. 1*3*2
Butter: Top grades. 413,-45*2: 92.
4o*2-41'i: 01, JOU; 90. 37*2: 89. 36; 88.
• Jo: 8 *, -54.
Eggs 2.610 cases steady; V. S. extras,
white. 33-35: browns. 32-34; standards,
one and two. 30-31: three and four.
26-29; trades. 22-26: mediums, extras
or better, whites. 26-30; standard*.
22-25.
CRUDE OIL PRICES.
TULSA. Dec. 20 i/p>.—Base crudeprices:
Midcontinent area — Oklahoma-Kansas,
gravity scale. 98c to 51.30: North. North
Central and West Central Texas, gravity
scale, 96c to 51.20.
East Texas. $1.35: West Texas (Permian
Basin* gravity scale. 78c to 51 08: North
Louisiana-Arkansas gravity scale 90c to
$1.-2. Rocky Mountain area—Salt Creek.
Wyo • gravity ..cale. 51.06 to $1.30.
Eastern area—Pennsylvania grade
< Bradford-Alleghany) 52.20; same grade
in Southwest Pennsylvania lines 51.8*;
same grade in Eureka lines. 81.82: same
Corning.
DIVIDEND IS DECLARED.
NEW YORK, Dec. 20 (Special).—
Directors of Pacific American Fish
eries. Inc., have declared the regular
quarterly dividend of 30 cents per
share on the common stock, payable
January 15. 1938, to stockholders of
record January 3.
London may have a new Thames
tunnel costing 115,440,000.
STOP PAYING RENT
Buy Your Own Home
Pay the same per month as you
now pay in rent—own your home
outright in less than 20 years.
May wa help?
[Shannons luchS]
Mortgage Loan Correspondents
INVESTORS SYNDICATE
1505 H St. N.W. NaH. 2345
First
Mortgage
Money
For
CONSTRUCTION
LOANS
LOANS ON
IMPROVED
PROPERTY
in the
District of Columbia
Nearby Maryland
and Virginia
Also
Monthly Payment
Loans

Prompt Action
B. F. SAUL CO.
925 15th Street Natl. 2100
r .
OUTLOOK BETTER 1
IN STEEL INDUSTRY ^
Downward Trend Checked,
With Some increase in
General Buying.
Bt the Associated Press.
CLEVELAND. Dec. 20—A "better"
situation in iron and steel markets
was reported today by the magazine
Steel.
Its weekly review said a downward
movement had been checked, with
some increase in general buying and
development of various large projects.
Nevertheless the national operating
rate remained stationary at 27 per !
cent, and it was expected to go lower
over the holidays.
“Some sellers find their bookings ,
larger than in November and in a few j
instances indications for December
point to a higher total than in Oc
tober,” the review said. "This business .
is practically all in small orders for
consumers who have depleted their
stocks and need material immediately.
Total tonnage is not large, but indi
cates an upward trend. It is believed
this buying would be heavier except
for the approach of the year’s end,
with the usual tendency to hold in
ventory to a minimum. /
"Inquiry by the Texas Co. for 24,000
tons of line pipe for export to Colombia
interest;, pipe fabricators. Bids Feb
ruary 1 by the Maritime Commission
for 12 cargo vessels involve about
96,000 tons of steel, the largest peace- -
time order for cargo tonnage. A
structural Inquiry for 6,000 tons in I
New York is another matter of in
terest. Award is expected this week
by the Standard Oil Co. of New York
on 8 to 12 tankers, each requiring
about 5,000 tons."
For the third consecutive week a
composite of steelmaking scrap prices
advanced, this time 33 cents to $13.41.
The iron and steel eomposite advanced
2 cents to $38.90, while the composite
of finished steel prices remained at
$61.70.
Operations rates, were unchanged at
Pittsburgh, 19 per cent; Chicago, 24
per cent; Eastern Pennsylvania, 29;
Birmingham, 49, and Detroit, 52. '
Youngstown district advanced 6 points
to 30; Cleveland, 5 to 36, and Cincin
nati, 25 to 54. Wheeling lost 6 points j
OFFICE FURNITURE
WE SELL, BUY OR EXCHANGE
Chairs Steel Files
Desks Steel Cabinets
Tables Safes
BAUM’S FURNITURE HOUSE
It IB Eye St. N.W. Phone NA. 218i
j MONEY (
( TO LOAN /
{ ON REAL /
( ESTATE )
) at*% (
\ MONTHLY / ‘
1} PAYMENTS 0
!' IF PREFERRED )
Oar \
Beal Estate Offieen J
invite Yaa ta Can/er C
) !
I "Va-ffhingier J
v Loan lb Trust /
I Company \
J fib AT 17th AO /
( Member. Federal Reserve S
n System and Federal Deposit n
jf Insurance Corporation. U
3 24; Buffalo, 5 to 16; New England,
to 30, and 8t. Louia, 4 tc 16.
NEW YORK, Dec. 20 OP).—Opera-!
ions In the steel industry for the cur
ent week declined 3.9 points to 23.5
>er cent of capacity, compared with
!7.4 per cent last week, the American
Iron and Steel Institute estimated
oday.
A month ago operations averaged
11.0 per cent while a year ago the
■ate was 77.0 per cent of capacity. "*
The institute pointed out, in making
ts announcement, the rate as calcu
ated made no allowance for the fact
Christmas will be a holiday in many
plants.
An estimate Indicated that were
illowance made for the holiday th*
rate would have been about unchanged
from last week.
U. S. TREASURY POSITION.
iy the Associated Press.
The iwsltion of the Treasury on De.
member 1*: Receipts $92,766,929.23; ex
46-281.439.74. balance. $3
134.934.136.40. Customs receipts for
he month. $18,073,364.57
..ReceiDts for the fiscal year (since July
■*'•> expenditures. $3,
>,3.961.483.i2 (including $954,297.
149.60 of emergency expenditures); excess
if expendltuu'es. $625,025,413.47 Gross
iebt $3, 430.136.566.37. a decrease of
870.951.758.05 below the previous day.
jold assets. $12,764,900,749.01. including
81.232 626.321.01 of inactive gold_^
Money for Construction Loans
and
Loans on Existing Properties
5%
rnsT deed or tbcbt only
GEORGE I. BORGER
643 Indiana Ave. N.W.
Nal’l 0350
— ■■ _ f
First
Trust
Loans
For Purchasing a Home or
RE-FINANCING
EXPIRING TRUSTS
NO COMMISSION CHARGE
NO RENEWALS REQUIRED
Term* Arranged on
Easy Monthly Payment*

AMMftC* BUILOINB t loan
ASSOCIATION COUNCIL /O.C
NATIONAL
JPer'incmeTil
BUILDING ASSOCIATION
j UNOCAL SUDlftviJiON S
i V u. S. TN*A3uRv J
j 949 NINTH STREET, /CN*
y044/i ScuUncjA.
EARN MORE WITH
Onlu/iedl
BUILDING ASSOCIATION I
k V/ashington Building
j
.
X&XvXXXv! ]
: V •
- 4
I i

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