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Evening star. [volume] (Washington, D.C.) 1854-1972, March 08, 1938, Image 17

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UNDERPRESSURE
Widespread Losses Shown
by Corporate Sections.
U. S. Issues Ease.
Bond Averages
■ co in in in
„ , . Ralls. Indust. Util. ran.
Net change. —.4 —.1 +.1 —.1
Today, noon 61.8 96.3 90.8 66.6
Prev. day... 62.2 96.4 90.7 66.7
Month ago. 63.6 96.2 89.0 65.0
Year ago... 96.8103.7 101.1 73.0
1938 high... 70.5 98.0 92.2 67.0
1938 low... 61.1 95.7 89.0 65.0
1937 high... 99.0 104.4 102.8 74.7
1937 low... 70.3 95.5 90.3 64 2
1932 low... 45.8 40.0 64.6 42.2
1928 high...101.1 98.9102.9 100.5
10 Low-Yield Bonds.
Noon-109.1 Prev. day. 109.2
Month ago 108.4 Year ago. 110.7
1938 high. 109.3 1938 low.. 107.8
1937 high. 113.7 1937 low.. 107.0
1928 high. 104.4 1932 low.. 86.8
(Compiled by the Associated Press.)
By the Associated Press.
NEW YORK, March 8.—Extended
pressure against secondary railroad
issues caused widespread losses in the
bond market today.
U. S. Governments followed the gen
eral trend, but at the beginning of the
final hour early losses of 1-32 to 5-32
of a point had been cut down.
Prominent corporate losers included
Atlantic Coast Line first 4s, Baltimore
& Ohio refunding 6s of 1995, first 5s of
1948 and 4s of 1948. Chicago & East
ern Illinois 5s, certificates, were more
than 2 lower and New York Central
3'«s of 1952 lost nearly 3.
A few gainers included Allied Stores
4’jS, American Telephone 3U* and
Consolidated Edison 3>4s.
Foreign bonds were mostly lower.
—-m ■
DOLLAR GOES DOWN
IN LONDON DEALINGS
St the Associated Press.
LONDON, March 8.—Reversing its
recent trend, the United States dollar
moved off 11-16 of a cent to close
■OH* to the pound today, compared
with sterling at $5.00\ in New York
last night.
French francs ended 155.69 to the
pound, compared with 155.00 Monday.
PARIS, March 8 (A3).—In closing
foreign exchange dealings United
States dollars were quoted at 31.10
francs (3.213 cents to the franc) today.
This compares with the franc at 3.232
cents in New York overnight. Ex
change on London, 155.50.
Three per cent rentes in the Bourse
were 67.95; 4'2s "A’', 69.50; 4>2s 1937,
109.75.
ARGENTINE CORN CROP
IS REDUCED SHARPLY
By the Associated Prate.
The Bureau of Agricultural Eco
nomics said today a cable from its
office at Buenos Aires forecast the
smallest Argentine corn crop in 15
years.
P. O. Nyhus, American agricultural
attache, the bureau said, estimated
the 1938 crop at 177.000.000 bushels
as compared with 359.615.000 har
vested last year and 334,328,000 for
the 1930-36 average.
Drought conditions during October.
November and December damaged
the crop, Nyhus reported. He esti
mated that 15,184,000 acres planted
will be poor or an entire failure.
DIVIDENDS ANNOUNCED
Redueed.
_ . Pe- Stk. of Pay
._. .. , Rate.riod.record, able.
Associates Invest _ 511c Q 3-15 3.31
Bird & Anson -Klc 3-18 3-28
Canadian Celanese ._25c 3-18 3-31
Dejay Stotts _ ]uc Q 3-15 4-1
firestone Tir & Rub 25c 4-15 4-*0
Murray-Ohlo Mfk 15e _ . 3-21 4-1
E Sng Sw Asso 6'' pf ¥1 __ 3-15 4-1
N Ena Pw As *2 of 33 He __ 3-15 4-1
Safeway Stores 25c 3-18 4.1
So Action Taken.
Aluminum Ind Hercules Motor.
Inti Paper A- Pwr pf.
dIILI0 Steel Casting.
Reece Folding Mach.
Thompson Prod.
Arrears.
Canada Bread B pf_82>ic Q 3-15 4-1
Deferred or Passed.
Borg Warner, passed.
Parallone Pack, omitted.
Hoover Ball & Bearing, deferred.
McKeesport Tin Plate, deferred.
Participating.
Can Celanese "!rr pf_-54c__ 3-18 3-31
Celanese Corp of Am
*"« 1st ptc pf _. *1.53_8-18 4-1
Resumed.
II Orl Pub Sv *7 pf .87>4c __ 3-21 4-1
Accumulated.
Derby Oil & Ref
¥4 cum cv pf -*1 __ ft-20 6-1
Regular.
Ark PAL 87 pf *1.75 Q 3-15 4-1
Ark PAL *6 pf_S1.50 Q 3-15 tl
Asso Inv 5% pf *1.26 Q 3-15 3-31
Bucyrus Monlghan A 45c Q 3-17 4-1
Canada Packers 75c Q 3-15 4-1
Celanese Corp of Am
». *1.75 Q 3-18 4-1
Coon W Co 15c 4-18 4-30
S.ro.psf:;:*Vo? § t\t t1°
Hussman Ugonler 5°° " 3*15 3'21
5'Aej. cv pf . - 68*4C Q 3-21 3-31
Investors Royalty _ 1‘jc Q 3-15 3-22
Royalty 8rj. pf 50c Q 3-15 3-2S
Mlekelberry’s Pood
Prod pf 60c Q 3-21 4-1
Minneapolis Gas Lt
¥5 Ptc units-*1.25 Q 3-21 4-1
Plough Inc -20c Q 3-15 4-1
Square D Co -15c 3-19 3-31
Thompson Prod
_$6 cv pf _*1.25 Q 3-25 4-1
West Point Mfg . 20c .. 3-15 4-1
Anchor Hocking Glass 15c - 3-17 4-1
Continental BkftTr 20c Q 3-1 s 4-1
Canada Bread A pf *1.25 Q 3-16 4-1
«yPfCh.J175 Q 3’18 3’31
geweyPA Almy A pf *175 o 3-8 3I15
Howe Sound _75c Q .T-20 ;i.ai
Hubbell Harvey „:._.noc Q tl4 1-32
Mfgrs Trust -50c Q 3-15 4-1
Mfgrs Trust pf _ 50c O 4-1 4-15
Reliance Elec A Eng 25c 3-15 3-25
Frederick Stearns 25c 3-23 3-31
NEW YORK BANK STOCKS
NEW YORK. March 8 ifl.—Investment
Bankers’ Conference. Inc.:
(Quotations as of 2 O’clock.)
Bid. Asked.
Bank of Am (2.40)- 42% 44%
Bk of Man (1%) - 22% 24%
Bankers Tr (2) - 46 48
Bklyn Tr <4) - - -- 80 85
Cen Han Bk A Tr (4)- 91 % 94%
Chase Nat (1.40) _ 29% 81%
Chem Bk A Tr (1.80)- 40 42
gommerclal (8) - 145 151
ont Bk A Tr (.SOT- 12% 13%
Corn hBk AT (3)- 49% 50%
Empire Tr (l) . - 21% 22%
First Nat (Bos) (2)_ 40% 42%
First Natl U00) _ 1755 1795
Guaranty Tr (12) _ 235 240
Irving Tr (.80) _ 12 13
Manufacturers Tr (2) _ 38% 40%
Manufacturers Tr pf (2)_ 49 51
Natl City (1) _ 24% "6
N Y Trust (5) _ 90% 93%
Publie (1%) .. 27% 29%
Title GAT__- 8 7
U. S. TREASURY POSITION.
By-the Associated Preas.
The position of the Treasury on March
5: Receipts. *14,225.132.83: expenditures.
S20.332.511.14: balance. *3.004.017.
662.14: customs receipts for the month.
*4,782.114.67.
Receipts for the fiscal year (since July
1). *3,931,405,571.83: expenditures *5.
076.877.947.72 (Including *1,372.014.
024.02 of emergency expenditures): excess
of espenditures. *i. 145.472.375.89: cross
debt, .*37,745,713.478.17. an Increase of
*1.249.350.77 above the previous day; cold
tayt*. *12.768.483.239.86.
By private wire direct to ike Star.
Approximate Transactions Today.
US Govt Bonds..., #70,000
Foreign Bonds ... 1,100.000
Domestic Bonds.. 5.060,000
TREASURY.
High Low. Clogs
2<4sl»45 .108.28 108.21 108.28
2 Vs 1949-63_ 100.11 100.9 100.10
2 Vs 1945-47_ 104.28 104.25 104.28
264s 1948-61_ 102.28 102.25 102.28
2 Vs 1961-64_ 101.27 101,25 101.25
2 Vs 1956-69_101.21 101.1# 101.1#
2 Vs 1965-60_ 102.24 102.21 102.24
3s 1946-48 _ 106.7 106.6 106.5
3s 1961-65 _ 104.28 104.28 104.28
8 Vs 1946-49_ 107.1 106.30 107.1
8 V» 1949-52_ 106.22 106.22 106.22
3 V* 1943-46_ 108.17 108.15 108.17
8 Vs 1944-46 .. 108.14 108.11 108.11
8 Vs 40-43 June 106.9 106.9 106.9
8 V* 1941-43 Mar 107.12 107.12 107.12
3 Vs 1946-66 . 111.25 111.25 111.25
4s 1944-54 _113.9 113.8 118.#
4Vs 1947-62 ... 117.24 117.21 117.24
FEDERAL FARM MORTGAGE.
3s 1948-47- 104.18 104.18 104.18
3s 1944-49_ 104.10 104 10 104.10
3 Vs 1964 .. 104.24 104.24 104.24
HOME OWNERS' LOAN.
2V« 1942-44 ... 102 6 102.2 102.5
IV* 1939-49_ 102.11*102.9 102.10
8s 1944-52 _ 104.14 104.10 104.14
FOREIGN BONDS.
mih. bo* oiote
Abltlbt Pa&Pw 5s 53 50% 50% 60%
Alpine MontS 7a 55.. 88 88 88
Antiquia 7a 45 D ... 7% 7% 7%
Antloquta 2d 7a 57_ 7V< 6% 7%
Anttoquia 3d 7s 67 .. 6% 6% 6%
Argentine 4a 72 Feb.. 83% 88% 88%
Argentine 4a 72 Apr.. 83% 8314 83%
Argentine 4%s 71_ 94 93% 93%
Australia 4%s 56_101% 101 101
Australia 6s 55.._106% 108 106
Australia 5s 67_106% 106% 106%
Austrian 7s 67_ 76 75 75
Bavaria S 6%s 45_ 23 23 23
Belgium 6%s 49 ... 107% 106% 107%
Berlin Elec 6%s 51... 28% 28% 28%
Berlin Elec 6%s 59_ 28% 28% 28%
Brazil 6 %s 26-57_ 17% 17% 17%
Brazil 6%s 27-57_ 17% 17% 17%
Brazil 7s 52 .. 17% 17% 17%
Brazil 8s 41 .. 18% 18% 18%
Breda Ernesto 7s 54— 61 61 61
Brisbane 5s 58_100% 100% 100%
Brisbane 6s 60_ 102 102 102
B A 4%-4*4» 77_ 61 61 61
BA4%-4%s75_ 65 64% 64%
Canada 2%s 44_100% 100% 100%
Canada 2%s 45_101% 101% 101%
Canada 3s 67_.... 97% 97% 97%
Canada 3% 61_102% 102% 102%
Canada 4s 60_109% 109% 109%
Canada 5s 52_112% 112% 112%
Chile 6s 60 _ 17% 17% 17%
Chile 6s 61 Jan_ 17% 17% 17%
Chile 6s 61 Feb_ 17% 17% 17%
Chile 6s 61 Sept_ 17% J7% 17%
Chile 6s 62_ 17% 87% 17%
Chile 6s 63. 17% 17% 17%
Chile 7s 42 _ 17% 17% 17%
Chile Mtg Bk 6s 61... 15% 15% 15%
Chile Mtg Bk 6s 62 .. 15% 15% 15%
Chilean Mun L 7s 60. 13% 13% 13%
Colombia 6s 61 Jsn... 15% 14% 15%
Colombia 6s 61 Oct... 15% 14% 15%
Col Mtg Bk 7s 46 ... 22% 22% 22%
Copenhagen 4 %s 63.. 99% 99% 99%
Cordoba 7s 42 prv_ 87% 87 87%
Copenhagen 6s 52_101 101 101
Cuba 6%s 45 . 75% 74% 75
Czechoslovakia Ss 51. 95 95 95
Czechoslovakia ts 52. 93 93 93
Denmark 4 %s 62-101% 101% 101%
Denmark B%s 85_, 102% 102% 102%
Denmark 6s 42_105% 105% 105%
Estonia 7s 67_ 100 100 100
Frankfort 6%s 52_ 22 21% 22
French Gov 7s 49_ 107% 107 107
French G 7%s 41 un a 100 100 100
GerCBk A 6s 60 July 31% 31% 31%
Ger C Bk A 6s 60 Oct- 32 32 32
Ger C Bk A 7s BO 37 37 37
Ger Gen Elec 7s 45... 43% 43% 43%
Ger Gov 5%s 65 .... 28% 27% 28%
Ger Prv A City Bk
con Ag 6%s 58_ 27 27 27
Ger Rep 7s 49 _ 33% 33% 33%
Grt C El Jap 7s 44_ 77 77 77
Greek Gov 6s 68 _ 27% 27% 27%
Greek G 7s 64 pt pd.. 26% 26% 26%
Italy 7s 61 _ 78% 78 78%
Ital P U£rd 7a 52_ 62 61 61
Japan 6%s 65_ 62% 61% 62%
Japan 6% s 64 .. 75% 74% 74%
Mex Ire 4%s 43 ast... 2% 2% 2%
Milan 6%s 52 _ 62% 62% 62%
Minas Gers6%a 69.. 9% 9% 9%
New So Walea 5s 57.. 103% 103% 108%
New So Wales 5s 58.. 103% 103 108
Nord Ry 6%s 60_ 95 95 95
Norway 4%s 65_ 104 103% 103%
Norway 4%s 56_105% 105% 105%
Norway 6s 43_106% 106% 106%
Norway 6s 44. - 107% 106% 107%
Nuremberg 6s 52_ 21 21 21
Oriental Dev 5%s 58 55% 55% 55%
Oriental Dev 6s 63 60% 59% 60%
Paris Orl Ry 5%s 68. 88 88 88
Peru 6s 60- 10% 10% 10%
Peru 6s 61 - 10% 10% 10%
Poland 6s 40_ 64% 64% 64%
Poland 7s 47- 80% 80% 80%
Poland 8s 50 .... 60% 60 60
Prague Gtr 7 % a 52_ 98 97 97
Prussia 6s 52 _ 22% 22 22%
Prussia 6%s 51- 22% 22% 22%
Queensland 7s 41-107% 107% 107%
Rhinelbe Un 7s 46 ... 35% 35% 35%
Rhine West EP 6s 62. 32 32 32
Rhine W El P 6s 55.. 31'4 31% 31%
Rio de Jan 6%s 63 ... 8% 8% 8%
Rio Gr do Sul 6s 68... 9% 8% 8%
Rio Gr do Sul 7a 66... 9% 9% 9%
Rome 6%s 52 _ 67 67 67
Roumanla7s59__ 28 28 28
Sao Paulo St 6s 68_ 10 10 10
Serbs 7a 62_ 33 32% 38
Serbs 8s 62 ... 33% 33 33
Silesia Elec 6%s 46.. 22% 22% 22%
Sydney 5 %s 65- 104 104 104
Taiwan Elec 6>4s 71. 57% 56 56
Toklo 6%s 61 . ... 58% 58% 58%
Tokio E L Ltd 6s 53.. 62% 61 62%
Un Stl Wk 6%s 61 A. 32% 32% 32%
Uruguay 4s 78- 47% 46% 47
Uruguay 8s 46_ 60 50 60
Uruguay adj 79- 47% 46% 46%
Warsaw 7s 58 reg_ 59% 59% 59%
Tokohama 6s 61_ 62% 61 61
DOMESTIC BONDS.
Adams Express 4s 47 92% 92% 92%
Adams Express 4s 48 93% 93% • 93%
Ala Grt Southn 4s 43 102 102 102
Alb Per W P 6s 48 ww 40 40 40
Alleg Corp 5s 44 .. 69 68% 68%
Alleg Corp 6s 60 stp. 83% 83% 38%
Alleg Valley 4s 42 106 106 106
Allied Stores 4%s 50. 87% 87' 87%
Allis Chalmers 4s 62 104% 104% 104%
Am A For Pw 6s 2030 54% 64 54
Am I G Ch 6%s 49_104% 104% 104%
Am TAT 3%a 61-101% 101% 101%
Am TAT 2%s 66-101% 101% 101%
Am TAT 6%s 43 . 113% 113% 113%
Anaconda deb 4%s 60 104% 104% 104%
ArmourtDelHst 4s56 91% 91% 91%
Armour(Det)4s 67 .. 92 91% 91%
A TAS Fe 4S 06-56 .. 98 98 98
A TAS Fe gen 4s 96 . 109 108 108
A TAS Fe 4 %S 48 104% 103% 103%
Atl Coast L 1st 4s 52 85% 85% 85%
Atl Coast Line 6s 45 80 80 80
Atl Gulf AW I 5s 59. 54 64 64
Aust A Nor 5s 41_ 83 82 82
B AO l»t 4»4*_ 62 61 61
BAO4%s60 - 21 20 21
B A O lat 6a 4 66 63% 63%
B A O ref 6a 96-- 26 26 26
B A O 6s 96 P- 24% 23% 24%
B A O rf 6s 1000 D_ 24% 28% 24
B AO ref 6a 96. ... 28% 26% 28%
B A O PLEAW V4s 41 42% 42% 42%
B A O Swn 6s 60 36 36% 36
Bang A Arooa cn 4a 61 100% 100% 100%
Bang A Ar ev 4s 61 at 103% 103 103
Beth Steel 8%s 63 ... 88 87% 88
Beth Steel 3%s 66- 94% 94% 94%
Beth 6teel 4%s 60 .. 102% 102 102%
Bos A M 4%s 61 JJ—. 86% 35% 85%
Boa A Me 6s 66. 41 41 41
Bos A Me 6s 67 41 40 40
Bklyn Ed con 3%s 66 104% 104% 104%
Bklyn Man T 4%s 66 49% 48% 49
Bklyn Un Gas 6a 46 108 108 103
Bklyn Un G 6a 67 B 90 90 ■< 90
Bklyn Un G ref 6a 47 102 101% 101%
Brown Shoe *%p 60 107 107 107
Bulf G E 4%s 81 . 110% 110% 110%
Buff RAPcn 4%s67 26% 26% 26%
Canadian NR 4 %a 67 114% 114% 114%
Canadian NR 4%s 66 118% 118% 118%
Canadian N 6s 69 July 117% 117% 117%
Can'dlan N db 6%s 46 124% 124% 124%
Can'dlan P db 4a perp 83% 83% 83%
Canadian Pae 4%s 46 100% 99% 99%
Canadian Pao4%a 60 95% 94% 94%
Canadian P 6s 44 ct.. 114% 114% 114%
Canadian Pae Sa 64... 100 99% 100
Care Cl A O Is 13-101% 101% 101%
*L v K
BONDS ON N. Y. STOCK EXCHANGE
Bleb. Lew. OIom.
Cent 111 E A O 6» SI . 97% 97% 97%
Center NJ ten ie IT. SO 30 30
Cent Pee let rf«e«». 84% 84 84%
Cent Pec Se 80 .... 80% 60% 60%
Cart’d deb fi%e 41 .. 63% 62 63
Champ PAF4%» SO.. 102% 102% 102%
ChesAOSHsll D ... 96 96 96
ChesAOI%a9l E... 96 95% 95%
C A O con 6s ]» ... 104% 104% 104%
Chi A Atl ref Se 49_ 20 20 20
Chi BAQ sen 4e ’5«.. 100% 100% 100%
Chi BAQ 4%a 77 - 93 92% 92%
Chi BAQ ref 6a 71 100% 100 100%
C BAQ 111 dlv 3%s 49 100% 100 100%
CBAQ 1 dlv 4s 49 ... 104% 104% 104%
Chi A Bill 6s 61 .... 14 18% 13%
Chi A E III 6s SI ct_ 13 12% 12%
Chi A Erie 5s 32_ 71% 71% 71%
Chi Ort West 4s 19... 18% 18 18%
Chi I A L 5s 66 . ... 6% 5% 5%
CMAStP gn 8 % a 69 B 25 25 25
Chi Mil A St P 4s >9.. 27% 27% 27%
CMAStP 4%a 89 C... 29% 29 29
CMAStP 6s 76 . 11 10% 10%
CMStPAP adj 6* 2000 3% 3% 3%
ChlANW gen 3%s 17. 15 14% 14%
Chi A NW gn 4s 67 .. 15 14% 15
Chi A NW 4Ha 4 9 .. 5% 6% 5%
Chi A NW gen fis 87.. 18% 18 18%
C A NW 6%a 36 ... 18% 18% 18%
Chi R IAP rf 4a 34 .‘888
Chi R IAP rf 4a 34 ct. 7% 7 7
Chi R IAP gen 4s 8* . 16 15% 16
Chi R IAP 4 %s 52 ct. 7% 7% 7%
Chi RIAPcv 4%s 60. 4% 4% 4%
Chi UnSta 3%s63 .. 107% 107% 107%
Chi Un 8ta 4a 44 .. 104% 104% 104%
Chi A W In cn 4s 62 . 90 90 90
Chi A W lnd 4%s 62.. 85% 85% 85%
Childs A Co 6s 43 ... 63 62 62
Cin G A E 8%a 66_104% 104% 104%
Cin G A E 3%a 67 ... 108% 108% 108%
Cin Un Ter 3%s 71 .. 107% 106% 107%
CCCASt L rf 4 % a 77 . 59% 59 69
Clev El 111 3%s 65 . 111% 111% 111%
Clev UnTer4%s77- 80 78 78
Clev Un Ter 6a 73 .. 85% 83% 83%
Clev Un Ter 6%s 72.. 93 93 93
Colo F A I 5a 43 ... 100% 100% 100%
Colo A So 4 %a 60 .. 39% 39% 39%
Col A A E 5s 52 Apl _ 95 95 95
ColGAE5s52 May. 95% 95 95
Col Gaa A Elee 6a 61. 92% 91% 91%
Colum Ry PAL 4a 65. 108 107% 107%
Cornel Cred 2%a 42 101 101 101
Cornel Credit 3%s 61. 9S% 98% 98%
Com Inv Tr 3 %s 51 103% 103% 103%
Comwlth Ed 8%s 65H 107 106% 106%
Comwlth Ed 4s *1 F 108 107% 107%
Comwlth Ed 6a 63 A.. 112% 112% 112%
Comlth Ed 5s 54 B . 112% 112% 112%
Cons Ed N Y 3%s 46 104% 104% 104%
Cons Ed N Y 3%s 56 102% 102% 102%
Cons Gas NY 4%s 61 107 107 107
Consol Oil 3 Ha 51 100% 100% 100%
Conaum Pwr 3 %s 66. 101% 101 101%
Conaum P un 3%a 65. 104% 104% 104%
Conaum Pwr 3%s 70. 103% 103% 103%
Conaum Pwr 3%a 65. 108 108 108
Container deb 5a 43.. 87% 87% 87%
Container 6s 46 _102% 102% 102%
Crane Co 3%a 61 _102% 102 102%
Crown Will P6s51 . 104% 104% 104%
Cuba Northn 5%s 42. 37% 36 37%
Del A Hud ret 4s 43 . 47 45 45
Den A R G con 4s 36.. 13% 13 13%
Den A R G 4%s 36 _ 13 13 13
Den A R O W 6a 55 6% 6% 6%
Den A RGW 5s 55asst 6 6 6
Det Edison 3%a 66 107% 107 107
Dow Chemical 3a 51 105 104% 104%
Duauesne Lt 3%s 65 108% 108 108
ET V A Ga cn 5s 56 . 80 80 80
Elee Auto Lite 4s 62. 100% 100% 100%
Erie ev 4s 53 A__ 18 17% 17%
Erie 1st 4a 96_ 49 47% 48%
Erie gen 4s 96...._ 26 25% 26
Erie ref 5a 67_ 13% 13 13%
Erie ref 6a 75. 13% 12% 13
Fairbka Morse 4s 56.. 100% 100% 100’%
Fed LtATr int 5s 42 92% 92% 92%
Fla E C Ry 6s 74 5% 5% 5%
Fond JAG 2s 4a 82 ct. 2% 2% 2%
Galv HAH 5%a 28... 95 95 95
Gen Mot Ace 3s 46 .. 103% 102% 103%
Gan Mot Acc 3%s 51. 103 103 103
Gen Stl Cast 6%s 49. 47% 46 47%
Goodrich 4%s 56_ 95% 94% 94%
Goodrich <s 45 . ... 39% 89% 89%
Goodyear TAR 6s 57. 105 104% 104%
GrtNrRy3%s67 ... 79% 79% 79%
Great N Ry 4s 46 G-. 97% 96 96%
Grt N Ry 4a 46 H 90% 88% 88%
Grt Nr Ry 1st 4% a 61 106% 106% 106%
Gulf Sta Util 4%s 46. 103V* 103 103V*
Hudson Coal 6s 62 A. 19% 17% 19
Hud A Man Inc 6s 57. 20% 20% 20%
Hud A Man ref 6s 57 51% 51 51
111 Bell Tel 3%s 70 B 108% 108% 108%
111 Cent ref 4s 63. 37 36% 36%
111 Cent ref 4s 55. 45 45 45
111 cent 4%s 66 .. 33% 32% 33
ICCASt LNO 4%s 63 34 33% 34
ICC * St L NO 5s 63. 35% 35% 35%
111 Steel deb 4 % a 40.. 107 107 107
Inland Stl 3%s 61 ... 105% 105% 105%
Inter R T 1 rf 6s 66... 54% 53 54
Inter RT 6s 32_ 18% 18% 18%
Inter RT 7a 32.. 56 55% 55%
Interb RT 7s 32 et .. 55 55 55
Interlake Iron 4a 47.. 77% 77% 77%
Int A*r 5a 42 stp ... 100% 100% 100%
Int Hydro El 6a 44 . 67% 66 67%
Int Mer Marine 6s 41 49 49 49
Int Pap lat 5s 47. 86 85% 85%
Int Pap raf 6s 55 ... 77% 77% 77%
Int TAT cv 4 %s 39_ 86% 86 86%
Int TAT 4%s 52_ 55% 55% 65%
Int TAT 5s 55_ 59% 58% 59
Jones A LStl 4*8 61 93 93 93
Kans CF SIM 4s 36 28 28 28
Kan City So rf 6s 60.. 63 62* 62*
Kans C Ter 1st 4s 60. 107* 107 107
Keith’s 6s 46 _ 87 86* 87
KlngsCo El 4s 49_ 75 75 75
Koppers Co 4s 61... 103* 103* 103*
Kresge Found 3*8 47 92* 92* 92*
Kresge Found 4s 45.. 99* ' 99* 99*
Laclede Gas 5s 39_ 88 88 88
Laclede G 6*s 53_ 58* 58* 58*
Laclede Gas 6s 42 A.. 51 51 51
Lautaro Nit 1975s ._ 29* 29 29*
LehANE RR 4s 65 A. 93 92* 93
Leh Val Coal 6s 44... 94 94 94
Leh Val Har 6s 54__ 45 45 45
Leh Val NT 4*s 40.. 45 44* 44*
Leh V Peon 4s2003.. 20* 19* 19*
Leh V P con 4 * s 2003 23* 22 22*
Ligg AMyers 6s 61.. 123 123 123
Ligg A Myers 7s 44.. 12941 129* 129*
Liquid Carbon 4s 47.. 105* 105* 105*
Loew’s 3*s 46 - 98* 98* 98*
Long Isl rf 4s 49 stp. 87* 87* 87*
La A Ark 5s 69 .. 72* 70* 70*
LouIsy GAE 3 * s 66 .. 104 104 104
LANash 3*82003... 81* 81* 81*
LAN 1st 4s 2003_ 85 85 85
LAN unlf 4s 40. 102* 102 102
LAN 4*8 2003 .. 91* 91* 91*
LAN Atl KAC 4s 55. 107* 107* 107*
LAN MAN 4*s 45.. Ill* 111* 111*
McCrory Strs 5s 51 101% 101% 101%
McKsasARob 6%s SO 100% 100% 100%
Manhat Ry 4s 90 et— 28% 28% 28%
Mead Co 6s 45 _ 99% 99% 99%
Mil El RAL 6s 61 ._ 100% 99% 99%
Mil El R A 8 L 5s 71.. 100% 100 100
MStPISSM cn 4s 38 13 13 13
MStPASSM 5s 88 «td. 13 13 13
MStPASSM 6%« 49,_ 4 4 4
MStPASSM 6s 46_ 4% 4% 4%
Mo 111 5s 59_ 28% 28% 28%
Mo K AT 1st 4s 90_ 63% 62 62
Mo K AT 4s 61 B_ 38 36% 36%
Mo K AT 5s 63 A_ 43 41%. 41%
Mo Pae 4s 75 __ 6% 6% 6%
Mo Pac 6s 65 A_ 21% 21% 21%
Mo Pae 6s 77 P_ 21% 20% 20%
Mo Pao 5s 78 6_ 21% 20% 21
Mo Pac 6s 81 1_ 21 20% 21
Mo Pac 6%s 49 _ 4% 4% ,4%
Mob A Ohio 4 %s 77.. 12% 12 12
Mohawk AM 4s 91.. 58 58 58
Monona Pub S 4%s 60 103% 103 103%
Mont T 6s 55 A_ 73 73 73
Morris A Ea 3%a 3000 63 63 63
MorriaAEasex 4%a 51 61% 51% 51%
MorrisAEsssx 6s 65.. 66 55 65
Natl Dairy 3%a51ww 100 99* 99*
Natl DiaPC4*a46. 106* 106* 105*
Nat Ry Max lat 4a
*1 aaat.— 2* 2* 2*
Natl Steal 4a 66. 106* 106* 106*
Naw Jar PftL 4*a 60. 107 106* 107
NewOrlftN 4*a *2- 86* 36* 36*
Naw Or IP 8 ia 63 A.. 92* 92 92
Naw Orl PS 6a 66 B... 91* 91* 91*
Naw Or Tar lat 4a 66. 67* 67* 69*
NewpftCih4*a46— 110*110*110*
N I Central S*a 61.. 72* 70 70
NT Central 3 *a 97 .. 87* 87 87*
N Y Cant rf 4*a 3013 53* 62* 68*
N Y C rf 4*a 2011 n.. 53* 63 63
N Y Cant rf 6a 201 • . 60 68* 60
NT C L 8b l*a 96 .. 76 75 75
NYC L 8b 3*a 96 r(. 66 66 66
NY Chi ft 8t L 4a 46 .. 73* 78* 73*
NYCftSt L. 4 *a 78 . .. 44 44 44
NYCft8t 1.6*8 74 A 60 50 60
NT Conn lat 4 *a 63. 105* 105* 105*
NT Dock 4a 61_J_. 52 51* 51*
NT Dock 6a 38 _ 62* 49 49
NT Dock 68 18 et ... 60 49 49
NT Edla raf 3*a 66.. 104* 103* 104*
NY ft Lon* Br 4a 41.. 95 96 v95
NY NHftH I*a47._ 16* 16* 16*
NY NHftH S*a 66.. 16 16 16
NT NHftH 4a 66_16 16 16
NTNHftH4a6«_ 8* 8* 8*
81th. Low. Olooo.
NT NH A H 4 Ho #7.. 20% 20% 20%
NT NH A H el 6s 40.. 31% 80 30
NT NH A H cv 6a 48. 10% 19 19%
NT OAW gen 4s 55... 5% 5% 5%
N T Steam 5s 51.104% 104% 104%
NT Steam 6s 47_ 108 106 106
NT SAW gen 5s 40_ 7% 7% 7%
NT SAW Ter 5s 43... 45% 46% 45%
N Y Tel 3%s 67 .. 106% 108 106
N T Tel sen 4 %s 19.. 106 105% 106
NT Tr Rk 6s 46 stp._ 66% 65% 66%
•NT WAB 4 %8 46 6% 8 5
Nlag Falls P 3 %a 66. 106 105% 106
NlagSh6%sS0_ 92% 92% 92%
Norf So 6s 61 . .. _ 15% 15 16
Norf A W 1st 4s 96 . 117% 117% 117%
North Am Ed Es 57 A 102 102 102
North Am Ed 6s 69 C 99% 99% 99%
North Am Ed 6 %s 63 104% 103% 103%
North Pae gn 3s 1047 57% t 67 57%
Korth Poe 4s 97 . ... 89% 89% 89%
Nor'n Pae 4%s 2047.. 64% 64% 64%
North Pae «s 2047._ 78 76 76%
Ohio Edison 4a 66_ 104 103% 103%
Okla G A E 3%a 66 . 101% 101% 101%
Okla Gas'A El 4s 46 . 99% 99 99
Ont Pwr Nlag 6s 43 . 112% 112% 112%
Oreg Sh Line 5s 46... 114% 114% 114%
Ores W RH 4s 61 . 103% 102% 103%
Psc Gas A El 3 %a 66 102% 102% 102%
Psc G&E3%n61 .. 106% 106 106
Pac U A E 4s 64 . 110% 109% 109%
Panhand EPL, 4s 52.. 101 100% 101
Param't Pie 3%* 47 .. 70 70 70
Paramount Pic 6a 68 91% 91% 91%
Penn Co 4e 83 95 96 95
Penn Dixie C 6s 41 A. 83% 83% 38%
Pa Oh A p#t 4 %s 77.. 100% 100% 100%
Penn P A L 4%a«l._ 98% 98 98
Penn RR 3 %a 62_ 82% 81% 82
Penn RR 3%s 70_ 89% 88% 88%
Penn RR 4%s61. 97% 96% 96%
Penn RR 4%s 84 . ... 97% 96 96%
Penn RR con 4%s 60 117 117 117
Penn RR gn 4%a65 100% 99% 100
Penn RRdeb4%s7*0 88% 88% 88%
Penn RR gen 6a 68 .. 107 107 107
Fere Marq 8s 56 71% 71% 71%
Phelps Dodge 3 %s 52 107% 106% 106%
Phila B&W 4%s81D 108 107% 107%
Phila Co Bs 67 ... 88% 87% 88%
Phila Elec 3 %a 87 .. 107 106H 106%
Phila A R CAI 6s 49.. 6% 4% 6
Philippine Ry 4a 37 . 16% 14% . 16%
PCCA.St L 4%s 42 B 109 109 109
PCC&St 1.4%s 77 ... 99% 99% 99%
PCC&St L 5s 75 B ... 106% 106 106
Pitts C& 1 4%s 52 . 86 86 . 86
Pltts&VV Va 4%s 60 C 42 39 39
Port Gen El 4%s 60 . 53% 62% 52%
Porto Rico A T 6s 42. 55 65 65
Postal Tel * C 6s 63 13 12% 13
Potomac El P 3%s 66 105% 105% 106%
Purity Baking 6s 48 . 87 86% 86%
Reading Jer C 4s 51.. 65% 65% 65%
Rem-Rand 4%a 56ww 96 95% 96
Republic Stl 4 %a 56 . 83% 82% 82%
Republic Stl 4%s 61. 82V, 82% 82%
Republic Stl 6%b 64. 105% 105% 106%
Revere Cop 4 %s 56.. 99% 99% 99%
Richfield Oil 4s 52 ... 95 95 95
Rio G W col 4s 43 A- 16 16 16
Rutland RR 4%s 41 . 14 14 14
Rutl'd RR 4%s 41 st 11 11 11
Safeway Stores 4s 47 1004 1004 1004
Saguenay Pw 4 Vis 66 102 102 102
St L P A NW Bs 48 .. 174 174 174
StL-San Fr 4a 50 A .. 12 12 12
StL-San Fr 44» 7* - 104 104 104
StL-S F 44a 78 ct st. 84 9 9
St L-S Fran 5s 50 B . 124 124 124
St L S W rf 5s 90 . 144 144 144
St L S W 1st ter 5s 52 174 174 174
StPKCSL41ji41. 74 74 74
StP MAM P 4s 40_ 100 100 100
San A A A Pass 4s 43. 70 70 70
San An P Svc 6s 52 . 1104 1104 1104
Schulcn 6 4s 46 B stp 30 30 30
Scioto ValAXE 4s 89. 116 116 116
Seabd A L rf 4s 59 64 64 64
Seabd A L adj 5s 49_ 34 34 34
Seabd A L 6s 45 A_ 84 84 84
Seabd A L 6s 45 ct_ 74 74 74
Seabd A-Fl 6s 35 A ct. 44 34 34
Shell Un deb 3 4s 61. 1014 1004 1014
Simmons Co 4s 52_ 86 86 86
Skelly 011 4s 51 _ 984 984 984
Socony Vac 34s 50 .. 1064 1064 1064
So Bell TAT 3 4s 62 104 104 104
Southn Kraft 44s 46 93 93 93
South XatG 4 4s 51.. 984 984 984
So Pac 34s 46_ 664 654 664
So Pac col 4s 49__ 57 57 57
So Pac ref 4s 55_: 754 744 75
So Pac 44s 68_ 61 50 504
So Pac 44s 69_ 51 604 504
So Pac 44s 81- 504 494 504
So Psc Oreg 4 4s 77_ 644 634 64
So*Pac S F Ter 4s 50.. 984 98 984
So Ry gsn 4s 56 A__ 374 36 36
So Ry 5s 94 _ 574 554 554
SoRy gen <s 56.__.__ 474 464 47
So Ry 6 4s 66.. 47 454 454
Spokane Int 5s S5..__ 12 12 12
Staley A E 4s 46_ 1024 1024 1024
Stand Oil N J 3s 61... 1014 1014 1014
Studebaker cv 6s 45.. 64 64 64
Swift A Co 3 %s 60_ 107 106 106
TennCAI RR 5g 51... 125 125 126
Tenn CAC 6s 44 _ 984 984 984
Tenn El Pw 6s 47 A.. 83 814 814
Term As Et L 4s 53_ 105 105 105
Texarkana 5 4s 50_ 80 80 80
Texas Corps 4s 51 . 1064 1064 1064
Texas A Pac 5s 77 B .. 814 814 814
Texas A Psc 5s 79 C . 814 80 81
Texas A Pac 5s 80 D_. 80 80 80
Third Av ref 4s 60 __ 304 304 304
Third Av 5s 37 _ 72 72 72
Third A ad 5s 60_ 7 7 7
Tide Wat OH 34s 52. 102 102 102
Un EIec(Mo)34s62.. 108 108 108
Union Pac 34s 70_ 944 94 94
Union Pac 34s 71 ... 944 944 944
Union Pac 1st 4s 47.. 1114 1114 1114
Un Pac rf 4s 2008 ... 106V* 106 106
UtdCgr W Strs 5s 62. 774 77 77
United Drug 6s 53... 75 75 75
US Rubber 5s 47_ 1064 106 106
Utah L A T 5s 44. 824 824 824
Utah Pwr A Lt 5s 44. 83 824 824
Util P A L 6s 59_ 60 50 50
Util PA L 54* 67_ 504 50 50
Va E A P 4s 55 A_ 1094 1094 1094
VaRy 1st 34s 66_ 1044 1044 1044
Wabash 5s 76 B.__104 94 94
Wabash 5s 80 D_ 94 94 94
Walworth 4s 65_ 71 704 71
Warner Bros cv 6s 39 66 66 66
Warren Br cv 6s 41 . 364 364 364
West Penn P 34s 66 1084 1084 1084
Wstchr Lt gn 3 4s 67 1014 1014 1014
W Pjt Pw 1st 5s 63 E . 119 119 119
WSh 1st 4s 2361 .. 63 63 63
W Sh 1st 4s 2361 rg._ 604 594 604
West Md 1st 4s 52 .. 884 88 88
West Md 54s 77 ... 934 934 934
Westn NYAP gn 4s 43 1054 1054 1054
West Pac 6s 46 A . 194 194 194
West Pac 6s 46 A as.. 194 194 194
West Un 44s 50_ 68V* 584 684
West Un 6s 51 _ 604 60 60
West Union 6s 60 594 58 58
WVa PulpAP 4 4s 52 1034 103 103
Wheel Steel 44s 66 . 894 894 894
Wilson A Co 4s55 . 984 974 974
Wls Cent 1st gn 4a 49. 134 134 134
Y’ngstn SAT 4s61_ 984 984 984 j
AUTO SHIPMENTS OFF
10 PER CENT IN MONTH
Bpeclal Dispatch to Tha Star.
NEW YORK, March 8.—American
motor vehicle manufacturers shipped
205,100 cars and trucks from their fac
tories in February, the preliminary es
timate released today by the Automo
bile Manufacturers’ Association indi
cates.
On the basis of this estimate, the
industry’s operations for the month
were 10 per cent under January and
47 per cent under February, 1937.
Shipments for the first two months
of 1938 are estimated at 433,174 units,
a decrease of 45 per cent under the
corresponding- period of last year.
The report summary follows: Feb
ruary, 1938, 205,100: January, 1938,
228,074; February, 1937, 383,900; two
months, 1938, 433,174; two months,
1937, 783,086.
STOKER SALES DROP.
Sales of mechanical s to leers in Jan
uary totaled 2,423, compared with
4,609 for December, 1937, and 3,080
for January a year ago, the Depart
ment of Commerce reported.
ODD-LOT DEALINGS.
By the Associated Press. •
. The Securities Commission reported to
day these transactions by customers with
odd-lot dealers or specialists on the Bra
Vrii
sales involving 104,976 shares.
DAILY OIL OUTPUT
MOUNTS IN WEEK
Average Up 27,680 Barrels,
Oklahoma and Texas
Show Big Gains.
Ir the Associated Press.
TULSA, March 8—Production of
crude oil in the United States in
creased 27,680 barrels dally during
the week ending March 9 to an aver
age of 3,353,127 barrels daily, the
Oil and Oas Journal reported today.
Oklahoma increased 30.000 barrels
daily to 522,475, East Texas Increased
500 to 428,500 and the State of Texas
20,258 to 1,260.743.
In Louisiana there was a decrease
of 1,402 barrels daily to an average
of 356,763, California decreased 18,700
to 727,500 and Kansas declined 4,275
to 166,875.
Eastern States, Including Michigan,
declined 1.171 barrels daily to an aver
age of 190,091 and the Rocky Moun
tain area declined 900 to 64,800.
STEEL OPERATIONS GAIN
MODERATELY IN MONTH
B* the Associated Press.
NEW YORK, March 8—The rate of
operation* In the steel Industry In
February was 0 per cent above Janu
ary, the American Iron & Steel Insti
tute reported, but because of the
shorter month the tonnage production
of ingots was below January.
Production , in February totaled
1.703.245 gross tons of open-hearth
and Bessemer steel ingots, equivalent
to 31.73 per cent of capacity.
Production in January was 1,732,266
gross tons. The January rate of op
erations was 29.14 per cent of capacity.
Washington Produce
. BUTTER—92 score. 1-pound prints. 34;
tub. 33; ‘/4-pound prints. 35; 90 score.
1-pound prints. 33; tub. 32; ‘/4-pound
prints. 34.
. MEAT8—Choice beef. 17: celves. IS;
limbs. 18: veil. 22: sows. 19; fresh pork.
24: pork loin. 21; fresh him- 21: large
skinned hem. 15: smoked ham. 23; smoked
skinned ham. 10; sliced bacon. 30a32;
Pl*cjcompound. 10's; lard. 11.
LIVE, STOCK—Pigs. 120-150 pounds.
Hkht pies. 150-200. OaOts: medium.
200-250 pounds. 8>.g9; heavies. 250-300
pounds. 8'4i8‘/a: sows 8'aa7: stags, 0',s
down: calves. Il34al2'i.
Prieei paid shippers, net. f. o. b.. Wash
ington. By the United Btttes Bureau of
Agricultural Economics:
EGOS—Market steady at unchanged
prices Government graded and dated
eggs—Whites. U. 8. extras, large. 20‘,2;
U S. extras, mediums. 17'2; U. 8. stand
*r<is. large 164*: u. 8. standards, medi
ums. 16‘j Nearby ungraded eggs—Cur
rent receipts. 10 to lO'a; whites. 17 to
'live POULTRY—Market steady to Arm
at unchanged prices. Fowl—Colored,
heavy. 16 to 20: No. 2s. 13 to 14: Leg
horns. 14 to lft; roosters. 12 to 13.
Chickens—Virginia Rocks. 10 to 21; a
few weighing four pounds and over. 22;
Delaware Rocks and crosses. 10 to 21;
SIS-'1 “lor»- 14 to 17. Old turkeys—
?■??*' ~3 l0,o-s- Capons—Seven pounds
!is«. 22 to~23.30i ,IiPS *nd under‘
Frnlts and Vegrtsble*.
Sales in large lots by original receiv
ers up to 8 a.ra. today:
■ APICES—one Virginia arrived: three
r,nb«foli?n ,c*r* 0I?. tr*ck Bushel baskets.
v- a- *UPP11*» liberal, demand slow:
market dull. Maryland. Pennsylvania. Vir
ginia and West Virginia. Staymans. 2t«
60-65: 2’i-lnch minimum.
ns-.fi: Yorks. 7'»-inch minimum, mostly
around 40: 2*/a-inch minimum. fto-rtO;
minimum. 60-65; Black Twigs,
2'a-lnch minimum. 60-65; O^i-lnch mini
mum. 65-75: Delicious. 2',4-lncb mini
mum. 65-75: 2',jj-lnch minimum, most
around 90: Golden Delicious. 2'i-lnch
minimum. 50-60; 2'/4-lnch minimum. 75
85: Romes. 2', 4-inch minimum. 40-50;
2'a-inch minimum. 50-65. Boxes and car
tons, combination extra fancy and fancy:
Delicious. 113s-150s. 1.25-1.50; 80s-100s.
j-jo-ltjo: Golden Delicious. 1138-1 Mis.
80s-100s. 1.50-1.65; 8taymans.
113s-150s. 1.10-1.25; 80s-100s. 1.35-1.50;
Paragons. 113S-150*. 1.10-1.15: 80s-100s.
1.25- 1.35: Romes. 113s-125s. 1.10; 72s
100s, 1.25-1.50; C grade. Delicious. 1.00
1.10; Paragons. 85-90. as to site.
BROCCOLI—No carlot arrivals: one bro
ken and one unbroken ears on track. Sup
plies light; demand light; market steady.
California, crates. 3.26-3.50.
CABBAGE—Market steady. One Florida
arrived: two broken and one unbroken
cars on track. Florida. 1 '2-bushel ham
pers. domestic round type, freight re
ceipts. 1.10-1.15: truck receipts, packed
locally, l.on; New York. 50-pound tacks.
Danish type. 1.50.
CELERY—Market steady. No carlot ar
rivals; two broken cars on track. Florida.
Florida standard crates, trimmed tops
and 16-inch crates. Individually washed.
3-8 dozen. 2.25-2.50; XXs. 1.75.
LETTUCE—Market weak. One Arizona
arrived: eight broken and seven unbroken
cars on track. Western crates, iceberg
type. 5 dozen: Arizona, 3.00; Califor
nia 2.75-3.00.
ONIONS—Market weak. One New York
arrived: two broken and four unbroken
cars on track 50-pound sacks, yellows.
U. 8. No. l: Michigan Minnesota. New
York and Ohio. 1.25-1.35.
PEAS—Market steady. No carlot ar
rivals: one broken and one unbroken cars
on track. Correction—Mondays track
should have read: One broken and two un
broken cars on track. Florida, bushel
hampers, small-podded varieties. 1.65-1.75;
California, buahel hampers, Telephones.
3.00.
POTATOES—Market steady. Two Flor
ida. two Idaho and 2 New York arrived:
three broken and 12 unbroken cars on
track. 100-pound sacks. U. 8. No. 1:
Maine. Green Mountains. 1.50-1.60; New
York, round whies. 1.25-1.36: Pennsyl
vania. Cobblers, 1.25: Idaho. Russet Bur
banks. 1.75-1.85: Florida, bushel crates.
Bliss Triumphs. U. 8. No. 1. 1.25-1.35.
8PINACH—Market steady. One Texas
arrived: four broken and two unbroken
cars on track. Bushel baskets. Savoy
type: Texas. 60-75: Virginia. 50-60.
SWEET POTATOES—Market steady.
One Tennessee arrived: one unbroken ear
on track. North Carolina, bushel baskets.
Porto Ricans. l.Ofl-1.15: Maryland. Anne
Arundel County, bushel hampers. Jersey
type. 90-1.00.
STRAWBERRIE8—Market weak. One
Florida arrived: one unbroken car on track.
Florida. 36-plnt crates. 10-12'a per pint.
TOMATOES—Market steady. Two Flori
da arrived; two unbroken cars on track.
Florida, lug boxes, green, rlpcs and turn
ing wrapped 6x6. 1.25-1.50: 6x7. 1.00
1.25: ordinary to fair condition, all sizes.
50-75; 10-pound baskets. 50-65.
, MIXED VEGETABLES—Two Texas ar
rived: four broken and two unbroken ears
on track.
SNAP BEANS—Market steady. Truck
receipts modarate: Florida, bushel hampers.
Bountlfuls. 1.60-1.75; Round Strlngless.
2.00- 2 25.
Pepper Market Weak.
PEPPERS—Market weak. Truck re
ceipts moderate; Florida. lVi-bushel crates.
California Wonders, 2.00-2.26; small size.
1.25- 1.50.
. SQUASH—Supplies moderate; demand
slow: market dull. Florida, bushel ham
pers. white, wrapped. 1.25-1.50; Yellow,
2.00- 2.25, mostly 2.00.
LIMA BEANS—Supplies moderate; de
mand light; market steady. Florida,
bushel hampers. 2.00-2.26.
EGGPLANT—Supplies light, demand
light: market steady. Florida. Ilk-bushel
crates, best. 2.50. poorer. 1.50-2.00.
KALE—Supplies moderate: demand alow;
market weak. Virginia, buahel baskets.
45-50.
COLLARD6—Supplies moderate: demand
alow: market weak. Virginia, bushel
baskets. 45-50.
CARROTS—No carlot arrivals: no cars
on track. Supplies light; demand mod
erate; market steady. California. Western
crates, bunched. 2.50; Texas. V* Western
crates bunched. 1.25; Pennsylvania,
bushel baskets, topped, washed. 65-75.
CAULIFLOWER—-No carlot arrivals: two
broken cars on track. Supplies moderate;
demand moderate; market steady. Cali
fornia. crates 1.50-1.75.
PARSNIPS—Supplies light: demand
light; market steady. Pennsylvania, V2
bushel hampers. 40-50.
BEETS—Texas, half crates. 1.15-1.26.
MUSHROOMS—Maryland and Pennsyl
vania, 3-pound basket*, 36-75 .
ENDIVES—Belgium. 10-pound basket#.
1,76.
RHUBARB—Michigan. 5-pound cartons,
35-50. as to gTade.
TURNIPS—Texas, ball crate*. 1.25;
Oeorgla. orates. 1.90-2.00.
^TURNIP GREENS—Texts, half crates,
SHALLOTS—Louisians, barrels. 0.50.
PARSLEY—Texas, half cratai, 1.15
1.26. _
MUSTARD—Texas, half crate*. 1.00.
RADISHES—Texas, half crates. 1.50.
AVOCADOS—Flat cratas. Florida, 75
1.25: few 1.50; California, 1.50-2.26,
mostly 2.00.
ORANOES—Commercial; no carlot ar
rivals; four broken and two unbroken cars
on traek. Relief, ono Florida arrived:
three unbroken ears on track, norlda.
boxes. 1.60-2.25; two-bushel boxes, mostly
around 2.00.
GRAPEFRUIT—One Florida arrived; two
broken and one unbroken cars on track.
Florida, boxes. 1.50-2.25, as to trade and
size.
LEMONS—California, boxes. No. 1.
5.00- 5.50; No. 2, 4.00-4.50. az to size.
TANGERINES—Florida, %-bushel boxes,
1.25-1.50.
GRAPE8—Argentine. 20-pound lugs,
black and green varieties. 2.25-3.00. ae
cordlng to condition.
HONEYDEW8—Chile, standard cratas.
1.76; Jumbo cratas. 2.00.
PINEAPPLES—Cubs. crates. 3.00-4.00.
NECTARINES—Chile, fist crates. 1.50
*'MIKED CITRUS—one Florida arrival
one unbroken ear on track
X
Walgreen Volume
Up 2.1 Per Cent
From 1937 Levels
By the Associated Press.
raw YORK, March «.—Walgreen
Co. yesterday reported February sales
of $8,388,838. a gain of 3.1 per cent
over $8,188,730 in the same month last
year. Sales for the five months ended
February showed'a gain of 3.8 per
cent over the comparable period a year
earlier. The company operates a na
tional chain of drug stores.
*
B. & 0. LOADINGS SCORE
GAIN DURING WEEK
■peels! Dispatch to The Star.
BALTIMORE. March S.—Carload
Inga on the Baltimore Sc Ohio Rail
road for February totaled 138,119, in
cluding 88,530 cars loaded on line
and 49,585 received from connections.
For February, 1937, the total was
303,749, comprising 134,024 cars loaded
on line and 89,725 received from con
nections; while for the same month
of the year 1930 the total was 259,
437.
For January. 1938. loads were 151,
162, of which 95,860 cars were loaded
on line and 55,302 received from con
nections.
For the week ended March 5 load
ings were 36,121, comprising 23,476
cars loaded on line and 12,645 received
from connections. This was an in
crease of 3,633 cars loaded over the
previous week when total loads were
32,488, consisting of 20,673 cars Aaded
on line and 11,815 received from con
nections.
During the same week of 1937 the
total was 54,670, including 36,485 cars
loaded on line and 18,185 received
from connections, and for the same
week of 1930 the total was 63,623, of
which 41,591 cars were loaded on line
and 22,032 received from connections.
STATEMENT OF THE CONDITION OF
The Charter Oak Fire Insurance
Company
Of Hartford. Connecticut, on the Slit
day of December. 1937. at required under
Section 647 of the Code of Law for the
District of Columbia.
INCOME. <
?et premiums _ 0
otal Interest and rents... $21,312.50
Other Income _ 26. <05.18
Total Income.. _ 848.017.68
DISBURSEMENTS.
Net amount paid policy
holders for losses _ Q
All other disbursements_ 812.613.04
Total disbursements_ 812,613.04
ASSETS.
Real estate .. . 0
Mortgage loans on real
estate __ o
Collateral loans _ _ 0
Bonds and stocks . _ $1,001,595.00
Cash In company's offlee n
Deposits In banks _ 256.424.72
Agents' balances ... 0
Interest and rents due or
accrued - 5.356.. 8
All other asseta _, 0
Gross assets _ $1,263,376.50
Deduct assets not admitted 0
Total admitted assets_$1,283,376.50
LIABILITIES.
Net unpaid claims — 0
Total unearned premiums.. 0
Other liabilities_ $3,806.75
Capital oald up .. 500,000.00
Surplus over all liabilities.. 759.769.75
Total . . 81.263.376.50
Net premiums written during
the year. District of Co
lumbia _ None
ESMOND EWING.
Vice President.
JOSEPH D. LEAHY.
Asst Secretary.
Subscribed and sworn to before me this
31st day of January 1938.
(Seal ! FRANK R CHRISTIE.
Notary Public.
STATEMENT OF THE CONDITION OF
The Union Fire, Accident &
General Ins. Co.
Of Paris. Republic of France, on the 31st
day of December. 1937. as required under
Section 647 of the Code of Law for the
District of Columbia.
INCOME.
Net premiums $437,182.02
Total Interest and rents— 55,669.5 <
Other Income_ 20.718.58
Total Income_ $513.570.17
DISBURSEMENTS.
Net amount Daid policyhold
ers for losses .. . $192,522.10
All other disbursements_ 251.383.10
Total disbursements_ $443,905.20
ASSETS.
Real estate-- nil.
Mortgage loans on real
estate - - _ nil. •
Collateral loans_ nil.
Bonds and stocks ... __$1,494,103.94
Cash In company's offlee_ 100.00
Deposits In banks_ 89.706.98
Agents' balances __ 77.353.15
Interest and rents duo or
accrued 9.181.43
All other assets_ 1.197.72
Gross assets_ _ $1,671,643.22
Deduct assets not admitted. 101.885.46
Total admitted assets $1,589,757.76
LIABILITIES.
Net unpaid claims _ $51,913.00
Total unearned premiums.. 417.863.64
Other liabilities _ 38.801.70
Capital paid up 200,000.00
Surplus over all liabilities.. 863,179.42
" Total _ 81.569.757.76
NET PREMIUMS WRITTEN DURING
THE YEAR.
District of
Total. Columbia.
Fire -$335,767.75 $531.49
Motor vehicles_ 73.878.27 _
Earthquake 543.03 _
Tornado, windstorm
and cyclone . 22.521.26 7.04
Sprinkler leakage 1.124.87 _
Riot, civil eommotion
and explosion... < 3.286.85 .94
Aircraft _... 59.99 _
Totals _ $437,182.02 $53947
EVERETT W. NOURSE.
U. 8. Manager.
Subscribed and sworn to before me this
21st day of February. 1938.
(Seal.) C. M. DEPEW.
Notary Public. Westchester County.
N. Y. Co. elk's. No. 226. Reg. No. 8D114.
Commission expires March 30. 1938.
Property Management
VMB have developed an
j£r organization which
renders helpful and con
structive service In the
management of apartment
house and residential prop
erties.
Consult our Property Man
agement Department for de
tails.
B. F. SAUL CO.
925 15th St. Nad. 2100
Mortgage Leant
Retail Lineage for Year to
Date Shows Decline of
5.6 Per Cent.
tpcclal Dispatch to Tho Star.
CHICAGO, March 8.—Retail display
advertising for this year through Feb*
ruary 28 was shown to be 5.8 per cent
below the corresponding period of last
year, according to a report released
here today by Advertising Age, national
advertising newspaper.
Total retail display In 80 major
cities covered by this report Is placed
__
Momj for Coutractioo Lotos
tad
Lotas oa Esisfiaf Propertiss
5%
mn deed or tecst only
GEORGE L 00R6ER
643 ladlaaa Arm. N.W.
Nat'l 0380
STATEMENT OF the condition of
The Traveler! Fire Iniarance
Company
Of Hartford. Connecticut, on the 31st day of
December. 1937. as required under Section
847 of the Code of Law for the District
of Columbia.
„ INCOME.
Net oremiums S13.017.450.40
Sotal interest and rents . 620.833.58
tner income _ 53.121.38
Total income „ _ 513.691.405.36
.. DISBURSEMENTS
Net amount paid policy
holders for losses . . S4.015.136.23
All other disbursements. 7.493.867.45
Total disbursements 511.509.003.68
_ , ASSETS.
Real estate . 0
Mortgage loans on real
estate 0
Collateral loans _ 0
Bonds and stocks. 521.183.531.25
Cash in company's oBee.. 0
Deposits in banks . _ 1.906.373.50
Agents’ balances .. 1,670 251.80
Interest and rents due or
•eerued 124.927.34
All other assets_ 47.591.59
Gross assets 524,9327675.48
Deduct assets not admitted 376 570.58
Total admitted assets $24,556,104.90
„ LIABILITIES
Net unpaid claims $1,103.876 00
Total unearned premiums 12.905.421 67
Special reserve _ 2.309.362.81
Other liabilities__ 723.141 09
Capital paid up 2.000.000.00
Surplus over all liabilities 5.514.303.33
Total -1.. 524.556.104.00
NET PREMIUM8 WRITTEN DURING
THE YEAR.
District of
Total. Columbia.
Fire . $8,186,181.51 $76,127.35
Motor Vehicles 2.739,011.33 28.025.70
Earthquake 12.668.32 109.70
Inland navi
gation and
transporta
tion 1.187.488.34 12,592.51
Tornado, wind
storm, cy
clone. hail
tuetpt
growing
„ crops) , 706.830.84 7.158.63
Rail (growing
crops only) 0 0
Sprinkler
_ leakage , . 72.381.16 71.94
Riot, e 1 v 11
commotion
and explo
sion _ 113.039.20 3254
Totals _513.017.450.40 $124,118.37
ESMOND EWING
Vice President.
JOSEPH D LEAHY.
Asst. Secretary.
Subscribed and sworn to before me this
8th day of February. 1938.
(Seal.) FRANK R CHRISTIE.
Notary Public.
- — —■
at 148,559,464 lines, against 157,388,921
lines lor the compared period ol 1937
the loss amounting to 8,829,457 line*’
Compared with 1938, this year shows
a slight gain ol 0.9 per cent.
For the seven-day period ended with
the date reported, newspapers in the
measured cities show a total of 17
2,297,584 less than the
20.132,827 total for the corresponding
week of last year. The loss amounts
to 11.4 per cent.
„ FIRST TRUST NOTES
£*n °B*r amall amount ol _ „
si‘trap _nou*i _d^t:
B* WTTS c<>
151k at. NR. «1M
STATEMENT gF TOT CONDITION
Merchants Insurance Company
SarPo? D*eamhaJ^voSo1*1 *n<l • on «» »1»*
Section «45mnf€r;ui9i7^18 J®9uired under
DlatrlM St CoFumbll C°dt °f f0r th«
„ . , INCOME.
StttPsE •nd r*n.u:::#1'l?5lfs|
Total Income---81.335.852.8;
DISBURSEMENTS.
Net amount paid policy
.„h1<V, los»s -.- $439 331 ir
All other disbursement! .. 883.068.4C
Total dlaburaementa--81.372.399.5C
_ . . ASSETS.
Bonds and stocks - . 82.813.763 li
Cash in company’s office 1? 30-* 81
penosita in banks ,. 1ZZZ 226:4294?
Aaenta balances $55.35? 60
Interest and rent* due or 8
•ccrued _ i* ps4 «4
All other assets-llli: sSisli.'ifl
Gross assets . $3,157,706 73
Deduct assets not admitted- 137.327 08
Total admitted assets _. $3,020,379.83
, LIABILITIES.
Net unpaid claims _ 803,039 00
n?v,tl uin*irf?.e,(1 fietniums.-- 1,104.343:21
Other liabilities . . __ 39 •’as 04
Capital paid up __ l.ooo.ono on
Surplus over all liabilities _ 733 549 10
Total --- . $3,020,379.65
NET PREMIUMS WRITTEN DURING
THE YEAR.
_ District of
Total Columbia
5rf , $913,813.23 $3.584 21
Motor vehicles 130.725.05 3 92
Earthquake 169.77
Inland navieation
and transpor
Ternado. ' wind- 32 391 *9 14 81
a t o r m. and
cyclone 41.463 65 130.40
Sprinkler, leakase 2.644.30 .02
Riot, civil com
motion. and
explosion- 4.842.86 .82
.51.128.050 75 53.733.98
»r«B».?TF?£.,2._JVAJSON President.
ROBERT C WEIGEL Secretery
Subscribed and sworn to before me this
Uth day of Februarv 1938
(Seal.) FRANCIS W. HOPKINS
__Notary Republic.
STATEMENT OP THE CONDITION
OF THE
Rhode Island Insurance
Company
Of Providence. Rhode Island on the 31 si
day of December. 1937. as required und*r
Section fi47 of the Code of Law for the
District of Columbia.
INCOME.
Net premiums ... 81.357.808.7;
Total interest and rents_ 108.139 3?
Other income _ 97 888.34
Total Income- 51.763.434 39
„ DISBURSEMENTS
Net amount paid policyhold
ers for losses _ S733.998.61
All other disbursements_ 1.240 874 03
Total disbursements_SI.974.870.71
ASSETS
Bonds and stocks S3 178 667 35
Cash in company's office_ 23.689.16
Deposits in banks 321.447 11
Agents' balances 267.637.71
Interest and rents due or
accrjed _ __ 22."So 9"
All other assets_ 30.78S.4H
Gross assets $3.844 510 71
Deduct assets not admitted 306 708.os
Total admitted assets $3,537,802 8 :
, LIABILITIES.
Net unpaid claims $1,79.860 nr
Total unearned premiums.-. 1.523.043,3',
Other liabilities_ 160.808 3:
Capital paid up _l.non.ono < o
Surplus over all liabilities... 712.088 88
Total . ..$3.537.802.6?
NET PREMIUMS WRITTEN DURING
THE YEAR.
. District of
Total. Columbia.
PI re -$1,254,551.87 $5,376.33
Motor vehicles.. 190,812.68 5.84
Earthquake 141.90 _
Inland navigation
and transpor
tation 46.745.41 11.92
Tornado. wind
storm and ey
_ clone 55 056.01 195.89
Sprinkler leakage 3.718.36 .03
Riot, civil com
motion and ex
plosion _ . 6.780.70 1.23
Totals $1,357,606.73 $5 600.94
_ _ BYRON S WATSON President.
ROBERT C. WEIGEL. Secretary
Subscribed and sworn to before me this
11th day of February. 1938
(Seal.) FRANCIS W HOPKINS
Notary Public.
Monthly Payment
REAL ESTATE
LOANS
On Improved Property
INTEREST
No Renewal*
Consult Real Estate Department
American Security
AND TRUST COMPANY
main omci: Fifteenth St. and Pennsylvania Ave.
Branch Office*
7th and Mass. Ave.,N. W. Seventh and E St., S. W.
Eighth and H Sts., N. E. 1140 Fifteenth St., N. W.
i ttn
CONSTRUCTION loans
in District of Columbia or nearby Maryland
SIX MONTHS TO ONE YEAR
Upon completion of-buildings,
these loans may be extended
on one of several long term
monthly payment plans; or for
three or five years, without
curtails; interest semi-annually.
H. L. Rust Company
1001 FIFTEENTH STREET NATIONAL 8100

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