Evening star. [volume] (Washington, D.C.) 1854-1972, July 12, 1938, Image 15

Search America's historic newspaper pages from 1756-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'Evening star. [volume] (Washington, D.C.) 1854-1972, July 12, 1938, Page A-15, Image 15',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83045462/1938-07-12/ed-1/seq-15.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83045462/1938-07-12/ed-1/seq-15.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83045462/1938-07-12/ed-1/seq-15/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83045462/1938-07-12/ed-1/seq-15/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

Evening star. [volume], July 12, 1938, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

Image: of 34.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (5.1 MB)

Evening star. [volume] (Washington, D.C.), 12 July 1938. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1938-07-12/ed-1/seq-15/>

Newspaper Page Text

Property Management
JfJOU’LL like the experienced
y way in which our Property
Management Department will
handle your apartment house
and residential properties.
Ask us about it—and see how
nominal the fee. -
B. F. SAUL CO.
925 15th St. Nart. 2100
Mortgage Loans
To
Build, Buy or Refinance
Your Home
Long-Term Loans With
Monthly Payments as Low as
$6.60 per $1,000.00
Straight 3-Year Loans
F EQUITABLE "1
LIFE INSURANCE
COMPANY
616 l4tt»Sf. ML 6437
*""*""* ... IIJ
fa— I
7<hc Ottty,
DIESEL^ POWERED
foChuaa&
p BALTIMORE & OHIO’S
Capitol limited
Furthermore, it makes the
fastest time over the short
est route—Washington to
Chicago. No switching of en
gines or cars en route—nothing
to disturb your sleep. So easy -
riding it’s like gliding!
Since there is no extra cost,
why not enjoy the comfort
and quiet of Diesel power —
next time you go to Chicago ?
All-Pullman and Air-Condi
tioned. Train Secretary,
Barber-Valet, Maid-Mani
cure, Badio.
Lt. Vaahinf tnn.5:45 p. Vf.
L». Silrer Spring Station 5:59 P.M.
Ar. Chicago.8:30 A.M.
(Standard Time)
For Information J I
fthpinm Diatrict 3300 I |
l_j
Only One Financing
Cost
• OneLoan covers
both construction
and permanent
financing .
• Interes^Cost com
puted on the reduc
ing balance each
month.
• No_Share subscrip
tions required.
• Liberal prepayment
Privileges.
• Loans made up to 20 ,
years.
• These^^MiUi^^d
Features make the
simplest and most
economical home
loan on the market.
• Prompt action on all
applications.
District 2340
Conveniently Located:
61013th St. N.W. (Bet. F & G)
Washington, D. C.
Fertilizer Association Finds
Average at 74.7, Against
74.2 Week Ago.
The wholesale price level advanced
last week, according to the commodity
index compiled by the National Fer
tilizer Association. This Index In the
week ended July 9 rose to 74.7 per
cent of the 1926-1928 average from
74.2 in the preceding week. A month
ago the index stood at 74.4 and a
year ago at 88.6.
Higher prices for farm products and
foods were largely responsible for last
week’s upturn In the all-commodity
Index. The average for all commod
ities except farm products and foods
reached a new low for the current re
cession. The advance In the Index
of food prices took it to the highest
point recorded since last January.
A continuation of the rise in live
stock prices combined with higher
quotations for cotton and eggs caused
an upturn in the farm product group
index. A decline In the price of pe
troleum was more than offset by in
creases In anthracite coal prices, with
the result that the fuel price average
advanced during the week.
Textiles were generally higher, with
all fibers as well as cotton and woolen
goods registering Increases.
Copper, tin, lead, sine, brass prod
ucts, and steel scrap rose In price,
but the effect of these increases was
much more than offset in the metal
group by the decline In steel, Iron and
copper wire.
A slight decrease was noted in the
building material index, the result of
a decline in the price of Southern
pine. An advance in the miscellaneous
commodity group average reflected
higher quotations for hides, leather,
rubber and cattle feed.
PAINT AND LACQUER
SALES CLIMB IN MAY
Br the Associated Press.
The Census Bureau says paint and
lacquer sales of 679 establishments In
creased to $35,293,888 In May, com
pared with $33,286,130 In April and
$43,355,320 in May last year.
———————■———
Washington Produce
BUTTER—90 score. 1 -pound prints. 28;
tub. 2<: ',-pound prints. 29; P2 score.
1-pound prints. 29; ',-pound prints. 30.
MEATS—Choice beef. 18; calves. JO;
lambs. 23: veal. 16; sows, IP: fresh pork.
25: pork loin. 23; fresh hams. 23: Targe
skinned hams. 23: large smoked skinned
hams. 27; smoked skinned bacon. 30;
piece bacon. 27; compound. 11: lard, in1*.
LIVESTOCK—Pigs. 120-140 pounds,
83,-9; light pigs, 120-160 pounds. 9
P3«; 160-200 pounds. 9V*-9ta; heavies. 200
250 pounds. 9-9V<: 250-300 pounds. 8'k
9; sows. 7-7V4; stags. 6Vi-6‘,4; calves,
8*A-9'j.
Prices paid shippers. Net f . o. b. Wash
ington. By the United States Bureau of
Agricultural Economics:
EGOS—-Market steady at unchanged
prices. Government graded and dated
eggs—Whites. U. 8. extras, large. 31'.i;
U S. extras mediums. 26tt; U. S. stand
ards large. 26: C. Sj. standards, mediums.
23: U. 8. trades. 22. Nearby ungraded
eggs—Current receipts, whites. 22 to 22',a;
mixed colors. 20Va to 21.
LIVE POULTRY—Market steady and
unchanged. Fowl, colored, large, 5 pounds
“d up. 18 to 20; under 6 pounds. 15 to
lh, No. 2’s. 12 to 14; Leghorns. 14 to 16;
?,° t0 i1! Chickens—Virginia
rocks broilers and fryers, all sizes, 19 to
-I'i No' “ *• A3 to 15. Delaware Rocks
?2tl,-ri0osefe—and fryers, aU sixes.
} * l® :aN.° ,l to 14; mixed colored
If™*’, A8. ^-1 ‘’-Leghorns, broilers. aU
sizes 15 to 17. Turkeys—Old hens. 20;
old toms. 17 to 18: No. 2’s, 15 to 16.
rralti and Vegetables.
i.r,8?J®5 !? lotI by original receivers
up to 8 a.m. today:
w earlot arrivals: no ears on
track. Truck receipts moderate; market
steady. Bushel baskets. D. 8. No. 1—
Maryland. Virginia and West Virginia,
Tna?nPa5®nt®A/> t 54-inch minimum, best.
fO-50, ripe. 20-40; 2-inch minimum* best
i** 2 Vi-lnch minimum!
.6-1.00; Virginia, Henry Clays. 2-lnch
SiS “bSh.*°:o?yrln®tt minimum, 60-76;
Red Birds. 2‘i-Inch minimum 66-76:
ftrawberry. 1V4 to 2 inches. 40-50: Duch
minlmnm «n 85-7R; 2y«-inch
minimum^ 60-65. Eastern crates—Vir
ginia. Delicious. U. 8. No. 1 2'/«-inch
S n'S'oS-. ,2t4-inch minimum
.V®-1**. 23/4-4nch minimum, i.35: Wlne
i*iBo 1 ok S. NO. 1, 2‘/4-inch minimum.
1 * HP's I k ln£h rnlnimum. 1.35-1.50.
r**.i._.ARAOD8—;Truck receipts very light.
?WM*60 pyr*mid crates, dozen bunches.
* CANTALOUPES—Market slightly strong
fwn One Arizona, two California arrived:
!™°*.i*bro*£ePi. an? two unbroken cars on
'rack California. Salmon Meats, jumbos.
J®s 4.00-4.50; jumbos. 3Hs. 3.50-4 00:
truck “receipts*' Hales 3best standards" 4”*'
fa^confe^00' 50-1/'5' * crates.
California arrived:
trackComrtmn unbroken cars on
have^■ r«5 nil0 K‘!^kIond,s,4S repon should
cars on dtr??v bu„w ?nd. two unbroken
SJfi,pn ..track. Market stronger. Call
iornla. Jumbo crates. 6s to J 2s ] 76-° 60
f2°,stifi.0O-2.25; standard c'rites! Is'knJ
12®i T'5-2.25 mostly 2.00.
o„F?,?FY?ALL8—°ne California arrived:
ported b k*“ car on track- No »»>«» *2
hrFAkR9T®—One California arrived; one
S»lvaSir..bnu.h^‘bC.k,k.t,?‘^d‘t'l*0%
k CELEIY—No earlot arrivals: two bro
kcq cars on track. Market about itMMv*
ii-4>4*do’ze‘i?dl21RnkA1r’aW,l,h*?,' California’.
Qozen, 2.60-2.76, mostly 2 76 few
mostly 2N00-2Y2°5rk' 3'8 d0Mn' li^°
CarSina 5fri7edfrone btt a&'twfSS
broken cars on track. Bushel bisids, ft
mtah?™1', Georgia. Elbertas, ly.-lnch
minimum 1.25; poor condition 1.00; 2
inch minimum. 1.60-1.76; 2‘/4-inch mlnl
!"«"*■ 4iZS*?-00s North and iouth Caro
!*%• i Stbertas. 2-lnch minimum. 1.26
Htlevs' ‘6jv North Carolina.
Hhew Is-Inch minimum, fair condi
mum i «sra,e. Bt2fk' 2-inch minl
Triu«™&'ccord,1".' to condition.
TOMATOES-—No earlot arrivals; two
unbroken cars on track. (Correction:
hiS5?Sy.,*w4tr*ack slJ0U}d have read one
v„.*Kn-7-dotw.°i.unbroken cars on track.)
ff°rtP Jnd ®°uth Carolina, market steady,
lu*. boxes green and turning, wrapped
?inn VJid.narVr' 1-00-1.26; poor condl
ia.4^,th«e'w?arfindb^&
farger, {SUSS™’ and
*..SF.UMBERS—Market about steady. No
earlot arrivals, no cars on track. Eastern
fa0?*- *nd bushel hampers, U. 8. No. JL,
86 No’ lPe605,f5V*nU’ buahel baskets, V.
_Lettuce Prices Steady. .
.LETTUCE—one New York arrived; four
broken and one unbroken cars on track.
Market steady. Western crates. Iceberg
type: California. Watsonville district, 5
dozen. 50-5060. mostly 6.50. • few 6.00;
New York. 6 dozen. 5.00; Eastern crates.
Big Boston type. 1.25.
ONIONS—No carlot arrivals; no ears
on track. Market stronger. Eastern
Shore. Virginia. 50-pound sacks, yellows.
U. 8. No. 1. 80-1.10.
PEAS—One Idaho arrived; two broken
cars on track. Market about steady.
Bushel hampers. Telephones. Idaho, 1.75;
Washington. 2.00-2.25.
POTATOES—Relief; one Virginia ar
rived; no cars on track. Market steady
for sacks; sllghly weaker for barrels.
Cobblers. U. S. No. 1. Eastern Shore,
Virginia, and North Carolina, stave-bar
rels. 1.76; few. 1.85; 100-pound sacks.
1.00-1.10.
BEANS—Pennsylvania, bushel baskets,
green, flat type. 85-80; round, strlng
less. 75.
PEPPERS—Market stronger. North
Carolina, bushel baskets, green, large else,
1.25- 1.50.
eggplant—North Carolina, bushel
baskets. 75-1.00; mostly 1.00.
CORN—New Jersey and Virginia, 5
dozen bags, 1.00-1.26: mostly 1.00-1.10.
ORANGES—Two California arrived;
three broken and live unbroken cars on
track. California. Valencias, boxes. 3.00
3.50. Florida, truck receipts, boxes. 2.50
3.00.
BEETS—Pennsylvania, 15-25 per dosen
bunches.
LEMONS—California, boxes. No. 1.
5.00-6.00; few higher; No. 2. 4.00-5.00.
MUSHROOMS—Pennsylvania. 60-75 per
3-pound baskets.
LIMB8—Florida. V* boxes, 1.00-1.25.
AVOCADOS—Florida, flat crates. 75
1.00. Cuba, ventilated crates. 2.00-3.00.
RASPBERRIES—New Jersey and New
York. red. 4-8 per pint; black. 8-15 per
quart.
CHERRIES—California and Washington.
15-pound lugs. 2.00-2.25.
_ PLUMS AND PRUNES—California, 4
baskets, flats. 1.76-2.35.
PINEAPPLES—Florida, crates. 3.00
3.50. Cuba, crates. 2.25-3.00.
MANGOES—Florida. Hadens. flat crates.
1.25- 1.50: Brooks, 60-75. Cuba. Mon
golia. flat crates. 75.
SPINACH—Pennsylvania, bushel baskets,
85-1.00; mostly 80.
_ OKRA—Florida, bushel baskets, 1.25
2.00. _
GRAPEFRUIT—Florida, standard bows
from storage, fair condition. 1.60-3.00.
cabbage—Pennsylvania, 6-peck ham
pers. 40-50.
Closing Averages of 30 Industrial Stocks
dollars kr Basod on DowsJonot Avoragos of 30 Industrial Stocks dollars rat
SHARI SHARI
2001 -I -v .. .i , .200 i
==~gkz:—
lOO^^s^^k-^JBfel---------ioo
---
■ »J-L—--L_J-—_L I T I L
Jan, Fob. Mar. Apr. May Juno July Aug. Sopt. Oct. Nov. Doc.
f«l. MH.fclt.Hll mi.!
Confusion Eases
At Steel Plants,
Orders Still Lag
By the Associated Press.
CLEVELAND, July 12.—Dally Metal
Trade today cays:
While some of the confusion re
sulting from the recent drastic changes
in marketing procedure in the Iron
and steel Industry has been dissi
pated only small-lot business is com
ing onto producers' books.
However, the tone of the various
markets is improved, and bookings
appear sufficient to support ingot op
erations at the. best pace In several
months. In fact the ingot rate this
week is estimated to be at the high
est level since last April, Jumping
almost 10 points from a week ago to
above the 32 per cent mark.
INVESTING COMPANIES
t3gt1£fc£g
(Noon quotations.!
... . _ Bid. Asked.
Admin Fd 2nd Ine-11.98 12.75
Affiliated F Ine_ 3.79 4.18
Am Bus Kirs - 3.32 3.87
Am Gen Eq Ine... .66 .63
Am Ins Stocks_ 4.25 4.75
Baneamer Blair _ 4.25 5.25
Bankers Nat Inv Corp_ -1.82 1.95
Basle Industry _ 3.28
Boston Fund Ine_15.57 16.65
Broad St Inv_ 23.04 25.60
Bullock Fund _ - 14.00 15 00
Continental Sh pi_ 7.25 8.25
Corporate Trust _ 2.21 _
Corporate Trust A A_ 2.17 _
Corp Tr A A mod _ 2.61 _
Corp Tr Aceum Ser_ 2.17 _
Corp Tr Ace Mod_ 2.61 _
Cumulative Tr Sh 4.51 _
Depos Bk Sh N Y •,A,,__ 1.49 _
Depos Ins Shrs "A''_ 2.94 _
Depos Ins Shrs ‘'B”_ 2.64 _
Diversified Tr C_ 3.66
Dividend Shrs .. _ 1.24 1.35
Equity Corp S3 pf_ 25.50 28.50
Fidelity Fund Inc_ 18.68 20.11
First Boston Corp_17.50 19.00
Fiscal Fund Be Sh_ 2.41 2.57
Fiscal Fund Ins_ 3.30 3.67
Fixed Trust Sh A_ 8.86 _
Fixed Trust Sh B_ 7.08
Foreign Bond Assoc_ 6.82 7.40
Found Tr Sh A. _ 3.90 4.20
Fund Investors Ine_16.68 18.01
Fund Tr Shrs A_ 4.73 5.38
Fund Tr Shrs B_ 4.27
Gen Capital Corn_ 80.13 32.40
Gen Investors Tr._ 4,70 5.11
Group Sec Agriculture_ 1.11 1.21
Group Sec Automobile_ .86 .95
Group Sec Building_ 1.38 1.60
Group See Chemieal__ 146 1.36
Group See Food _ .82 .90
Group See Invest Shrs_ .78 .84
Group Sec Merchandise.. 1.02 1.12
Group Sec Mining . 1.38 1.37
Group See Petroleum..j. 1.12 1.22
Group See It R Equip_ .74 .82
Group Sec Steel..!_ 1.11 1.21
Group See Tobacco_ .99 1.08 .
Huron Bolding _ .67 .97
Ineorp Investors _17.10 18.39
Instl See. Bank Group_ 1.06 1.17
Instl Sec. Insurance_ 1.26 1.39
Investors Fd “C" Inc_10.24 10.91
Keystone Custodn B-2_ 21.62 23.70
Keystone Custodn B 3_14.66 16.97
Keystone Custodn K 1_14.04 16.39
Keystone Custodn K 2_10.60 11.77
Keystone Custodn 8 2_13.60 16.05
Keystone Custodn S 4_ 4.86 5.43
Maryland Fund_ 6.42 6.94
Mass Invest Tr_ 20.38 21.62
Mutual Invest _11.08 12.07
Nation Wide See _ 3.15 3.25
Nation Wide Voting_ 1.29 1.39
Natl Investors _ 5.38 6.73
New England Fund_12.64 13.48
N Y Stocks. Aviation_ 8.08 8.74
N Y Stocks. Bk Stocks ... 7.61 8.24
N Y Stocks. Bldg Supply .. 7.83 8.47
N Y Stocks. Elec Equip ... 7.54 8.18
N Y Stocks. Insurance_ 8.96 9.88
N Y Stocks. Machinery_ 7.79 8.43
N Y Stocks. Oils _ 9.25 10.00
N Y Stocks. R R Equip_ 6.91 7.48
N Y Stocks. Steel . 7.45 8.06
North Am Bond Tr ctfs_61.60 _
Nor Am Tr 8h 1963 _ 2.11 _
Nor Am Tr Sh 1956 _ 2.58 _
Nor Am Tr Sh 1956 _ 2.54 _
Nor Am Tr Sh 1958 _ 2.24 _
Plymouth Fund Inc_ .42 .47
Quarterly Income Sh . 10.56 11.66
Schoellkonf-Hutton Js Pom 1.25 2.26
Selected Am Sh Ine_ 9.09 9.91
Selected Income Sh_ 4.30
Sovereign Invest _ .69 .76
Speaeer Trask Fund_14.88 15.56
Stand Am Tr Shrs_ 3.00 3.60
Stand Util Ine_ .50 .64
Super of Am Tr A_ 3.13 _
Super of Am Tr A A_ 2.08 _
Super of Am Tr B _ 8.26 _
Super of Am Tr B B_ 2.08 »_
Super of Am.Tr O_ 6.64 _
Super of Am Tr D_ 6.64 . . _
Supervised Shrs _ ____ 9.64 10.48
Trustee Stand Inv C_ 2.36 _
Trustee Stand Inv D_ 2.31 _
Trusteed Am Bk ‘‘B"_ .57 .63
Trusteed Industry Shrs_ .93 1.04
Wellington Fund _12.94 14.26
CHICAGO PRODUCE.
CHICAGO. July .12 OP).—Poultry, live.
1 ear, 44 trucks. Hens steady, chickens
weak; Plymouth Rock broilers. lTVfc:^Leg
horn, IS Vi; colored fryers, 16 Vi; White
Rock, 19: colored springs. 17: Plymouth
Rock. 19; White Rock, 20Vi; other prices
unchanged.
Butter. 1,553,310; steady; prices un
changed.
Eggs. 11,596; steady; prices unchanged.
Potatoes. 34: on track. 353; total United
States shipments, 438; California White
Rose best quality Arm: other stock about
steady; supplies liberal; demand slow:
sacked, per hundredweight. BlUss Tri
umphs. Kansas, generally fair quality,
1.15-1.35; Idaho. U. S. No. 1. unwashed.
1.66; Cobblers, Missouri. U. S.. No. 1 and
U. 8. Commercials. 75-90; showing decay.
65; Virginia. U. S. No. 1. some showing
heated, 1.00-1.20; California White Rose.
U. S. No. l. few sales. 1.70-1.85; showing
decay. 1.35^-1.40.
U, S. TREASURY ROTES.
NEW YORK. July 12 OP).—Prices quoted
In dollars and thirty-seconds.
Addfox.
.71eld
1V4 Dec.. 1938
lVi Mar.. 1939 _
2Vi June. 1939 _
lit Sept.. 1939 _
184 Dec.. 1939 _
18b Mar.. 1940 _
lVt June. 1940 _
1V4 Dec., 1940 _
lVi Mar.. 1941
lit June. 1941_
iy« Dec.. 1941_
184 Mar.. 1942 _
2 Sept., 1942 _
184 Dec.. 1942 _
lVi June. 1943 _
FREIGHT LOADIRGS.
_ NEW YORK. July 12 OP).—Revenue
freight, earlewdlnge on railroads reporting
today for week ended July 9 (which in
cluded Independence Day holiday) were:
Southern
Rock Island_ 26.730 27.586 26,54$
Burlington_ 31,112 21.005 22.056
St. Paul __ 20,628 24.918 24.637
Missouri PaclAe. 21.760 21.880 26.294
Wabash _ 11.100 11,829 12.606
Prlseo _ 11.063 12.986 14,027
M-K-T-... 6.945 7,304 7.947
Money for Coastractioa Loam
- and
Loam on Existing Properties
nasT nans or raver oiar
GEORGE |. BORGER
MJJ.di.n* At*. N.W.
Nat’l 0380
OF GOLD TALKED
Foreign Demand for Dollar
Cited as U. S. Total
Nears 13 Billions.
By the Associated Press.
NEW YORK, July 12 —With Uncle
Sam's holdings «f gold nearing the
unprecedented figure of $13,000,000,
000, continued, active foreign demand
for the dollar raised prospects today
of an Increased movement of the
metal to New York.
In London before exchange dealings
began here there was heavy buying of
the dollar, causing a further decline
in the British pound to around $4.93 H
at one time, a new low for more than
a year. Subsequently, however, the
pound recovered to show little net
change. Meanwhile, a consignment
of $5,000,000 of the metal arrived at
New York from an undisclosed source.
The shipment was described in ex
change circles as an “official transac
tion" and reminded the market Eng
land recently has been moving con
siderable amounts of metal to Canada
for a war-time reserve. In addition,
a moderate amount of the yellow
metal arrived from Mexico. Daily
Treasury figures showed the country's
gold stocks were up to a new peak at
$12,974,729,148.
In terms of the dollar, the British
pound was near the theoretical point
where it would be profitable to ship
the metal from London to New York.
In London the open market price for
gold, reflecting the strength of the
dollar, rose to a new high for the year
at 141 shillings 2 pence, equivalent
to $34.77, against the United States
Treasury's buying price of $35.
The buying of the dollar and rise
in price of -gold in London was a re
versal of the trend a few weeks ago
wheii rumors the dollar might be de
valued further caused hoarding de
mand for the metal and some shift
in capital from New York.
INSURANCE STOCKS
NKW YORK. July 12 UP).—Investment
Bankers' Conference. lac.:
Bid. Asked.
Aetna Cas f.3a> _ 91 96
Aetna Ins (1.60)_ 45V, 47V.
Aetna Life (la)_ 24V. 26*4
Am Boult (1) ... 22*. 24V.
Am Ins Nwk (>ia)._ 11*/. 13V.
Am Reins 11.60)_ 33*i 36*4
Am Reserve (Hi)_ 27*-. 28*4
Am Surety (2>i) _ 41V4 43*i
Automobile (la) _'_ 31 33
Balt Amer (,20a) _ 6 7
Carolina (1.3(1) _ 22'4 23*.
City of N Y (1.20) _ 18 19*4
Conn Gen Life (.80)_ 26V4 28
Conttn Cas (1.20)_ 28 30
Pld It Dep (4a> _lon'i 102>4
Pirem's Nwk (.30) _ 8s, H)
Prank Tire (la) _ 25 26>4
Gen Relnsur (le) _ 34 36V.
Glens Palls (1.60)_ 40'4 42',
Globe & Rep (Vi) 1_ 12s. 14V4
Globe ti Rut _ 25Vi 28
Ot Amer Ins (la)_ 24*. 26V.
Hanover (1.60) _ 32 V. 34 V.
Hartford Fire (2) —_ 73 78
Home Plre Sec_ 2*» 3V4
Home Ins (la) _ 27*. 29'4
Homestead (1) _ 15 16Vi
Knlck’bk'er (.32>.4e) .._ 10*4 12V,
Lincoln Plre _ 2 2*4
Maryland Cas _ 3*4 4
Mass Bond (3*4) _ 46V4 48*4
Merc Ins Pr (.32)_ 4 6
Natl Plre (2) _ 69*4 81Vi
Natl Liberty ( 20a)_ 7V« 8Vi
N Hampshire (1.60)_ 42V. 44V,
N Y Plre (,40e) _ 16V. 17V,
Nor River (1).— 26 27*4
Phoenix (2a) _ 76 80
Prov Wash (1) __ 32 34
Revere (P) In (1.20a)_ 28V, 23*4
Rh Isl Ins (.40) _ 6 7
Roasla Ins -:_ 4*4 6*4
St. Paul Plre (8) _ 195 202
tprlnxfleld (4*4a> __119 122
un Life (15) _,_ 490 640
Travelers (16) _ 446 456
U 8 Fid & G_ 13*4 15
US Plre (2) .. _61 83
Westchester (1.20a) _ 32 34
a—Also extra or extras.
e—Declared or paid so,far this year.
Lead Stocks Show
Gain During May9
Exceed Year Ago
By t^e Associated Press.
NEW YORK, July 12.—Stocks of
lead on hand in the United States as
of June 1 totaled 244,191 short tons,
against 335,774 May 1 and 189,963
June 1, 1937, the American Bureau
of Metal Statistics reported today.
8locks of refined pig lead on June
1 amounted to 150,760 short tons,
against 143,507 the previous month
and 108,641 a year ago.
DIVIDENDS ANNOUNCED
, NBW YORK. July 12. —Dividend* de
clared Prepared br the Standard Sta
tlitlea Co.
Initial.
Pe- stock of Pay
Southneatem Snt Too*' 7-1*1
Extra.
Home Inaur Oo. . 15e._ T-15 8-1
Ind na It Bk of bid.-Sl.OO_6-30 7-1
Buner Mold Corn
Of Calif...92.06 ._ T-l 7-11
Beenmed.
Union Wire Rone Com 5e__ 7-1
Redeeed.
Hawaiian Suear _30e_7-6 7-16
Parker Pen Oo _.25e .. 8-15 0-1
Cherry Burrell Corp-.lOe -- 7-22 7-30
Aeeamnlated.
Aaso Tel A Tel 7%
let pf . 49e -- 7-30 8-15
Do *6 let Pf _42e 7-30 8-16
Strathmore Paper
87- ni-84 50 „ 8-30 7-10
Paaead.
Dominion Rub T%, pf.
Beenlar.
Aloe Aa Co _ __ _60e ._ 7-21 8-1
Atlaa Plrwd 6'W pf 31c Q 7-20 x-l
Carter Wm 67- pf *1.60 Q 9-10 9-16
Chic Diatriet Klee Oen
eratlna *0 pf -.91.50 Q 8-15 9-1
Sitr of N Y Ineur_60c S <-15 8-1
ea Molnea Oaa
67- pf_ _*1,00 Q _ 7-1
Do 77- pf_67c Q _ 7-1
Km aco Derrick
A Equip _15e ._ 8-10 8-25
Olobe A Repub Inaur
of Am Phil ___12t4e
Hartford Elec Lt_884.0
Home Inaur_ 25c
Km* Oil Co . .. 10c
Kinaer Distill* pr pf_20c
8 M A Com _7e .
Strathmore Paper
67- of .. ...91.50
Super Mold Com
of calif ..20e
Tunc Sol Lamp Wki
er pf . .. _.S0e
Union Oil Co of Cal.. 30c
Wooleon Spice Co_25e .
Autocar CO 93 pf_76e
Alatka Packer* A**n. 91
Beat A Co _doe
Beat A Co Pf - - 93 I
Cent Ohio Steel Prod.,25c
Adama MIDIs Oo_ 26c
Do., pf . ..._91.75
Amer Mul Aaaur__ , 26c
Geo A Hormel a OoA37*.i
Mer i Ultra Fire In«7V*e
J J Newberry Co
6% pf.___91.26
Wifi SUES
ADVANCEIN JUNE
Total Best Since January
and Only 7 Per Cent
Below Year Ago.
■7 the Associated Press.
NBW YORK, July 12.—Building par.
mlta In June wen the largest since
January and only 7 per cent below the
comparable 1M7 total, Dun * Brad*
street, Inc., stated today.
The value of permits issued In 21S
cities last month totaled 667,626,437,
against $77,606,466 In May and $64,
752,583 a year ago.
The IS per cent June Increase over
the previous month compared with a
normal seasonal movement showing
little change.
Aggregate value of permits Issued
during the first half year dropped 10
per cent behind 1917 totals. A number
of cities reported substantial gains
over the like period lest year; Jack
sonville, Fla., 123 per cent; New York.
2S per cent, and Houston, Tex., with
a 24 per cent increase headed the
group chalking up advances.
Among the largest declines for the
first tlx months were Boston, 68 per
cent; Philadelphia, 61 per cent; Chi
cago, 46 per cent, and Washington,
D. C., 41 per cent.
U. S. TREASURY POSITION.
*» the Associated Press.
Position of the Tretrarr July 9- Re
SnJ?et*Vii?52'#2.oai:. •wtndhum! sSE
20o,225.W. net balance. 92.130 710 -
$1,642,164,992.1$ work
»o*nth*,$6.93.riiot6r recelw* ?or th*
11 R^SLpt.,o.,0or.„th.* »®»r 'since July
iV. expenditure*. $326.
416.778.16. lncludine $61,672,786.22 of
emercency expenditure*: excess of expen
fis6.. A495.33: arose debt. $37.
208,632.866.48. an tncresse of $266,133 36
*bo»e the previous day. Child assets.
$12,974,729,148.49.
REPORT OP CONDITION OP THE
F. E. U. Local 262
Credit Union of the District of Columbia,
at the close of business on June 30. 1038.
(Published in response to cell mode by
Comptroller of the Currency, under section
6 of the District of Columbia Credit Un
ions Aet.)
ASSETS.
1. Loans--8123.077.88
2. Investments _ 8.873.82
4. Deposits in banks_ 1.005.02
6. Cash on hand. -- 100.00
7. Purnlture and fixtures_ 80.00
Total assets-8127.037,20
LIABILITIES.
9. Shares, fully paid _8101.138.03
10. Shares Installment_ 2,672.24
11. Borrowed* money _ — 11,000.60
13. Reserve fund for bad debts 4.537.87
14. Undivided profits_ 8,580.06
Total liabilities_S127.93T.20
I. E. P. Harrison, treasurer of the
above-named credit union, do solemnly
swear that the foreeolne statement is true
to the best of my knowledee and belief.
B. P. HARRISON. Treasurer.
Correct—Attest: _
A. D. SARTWELL.
W E. PERRT.
J. O. BURNHAM.
Directors.
District of Columbia, ss:
Sworn to and subscribed before me this
11th day of July. 1038.
(Seal.) JAMBS P. NEALE.
Notary Publio.
Auchincloss, Parker & Redpath
Members
New York Stock Exchange Washington Stock Exchange
N. Y. Cure Exchange (Assoc.) Chicago Board op Trade
New York Cotton Exchange Chicago Mercantile Exchange
New York Produce Exchange Commodity Exchange, Inc.
Listed end Unlisted Stocks and Bonds
Municipal Bonds — Commodities
Direet Private Wiree te ear effieet
WASHINGTON NEW YORK
719 Fifteenth tenet <3 Wall Street
BALTIMORE PHILADELPHIA , WILKES-BARRE
*
Real Estate lioans
on improved or to be improved property .
in the District of Columbia and nearby
Md, and Va.—with interest as low as
5% 51% 6%
Paymentc Include interact and curtail... Mo renewalc
Mo eemmlcdenc... Sound, fair appraicalc
FOR 87 years, Perpetual has been a major
factor in the growth of residential Washing
ton—loaning millions of dollars to people who
have found it profitable and safe to "secure
their home with Perpetual's loan”.
Regular United State, Treasury Department examination, on supplemented by apodal C. P. A. audit■
5% HOME LOANS 5%
District of Columbia, Naarby Maryland and
Virginia—3 to 15 Yoars
alto
MONTHLY PAYMENT LOANS
AT $6.60, $7.60, $$.00 and $10.00 PER MONTH PER THOUSAND,
INCLUDING INTEREST AND PRINCIPAL
Othtr Laamt Ptyablt Qaarttrly or Sttal-amuudly
F. H. A. INSURED MORTGAGES
Randaea* H. Haoner A Company
*-—rMrnmin
1121 Cwanrint Anm N.W. TiIrIiom Dteatar 3600
f
MoikmHom
IAmhImJ nmHcUui
If planning to buy, build
or rofinanco your homo
it will pay you to inves
tigate our simplified
and economical Loan
Plan.
No commissions or Renewal Fees
Monthly payments as low as $7.50 per $1,000.00
COLUMBIA
BUILDING ASSOCIATION
716 11th St. N.W. NA. 6543
ACCOUNTS FEDERALLY INSURED UP TO $5,000.00
<S>Lott
CONSTRUCTION LOANS
in Dittrict of Columbia or nearby Maryland
SIX MONTHS TO ONE YEAR
IMTIRBfT C COL
COMMISSION 1% /”
Upon completion oi 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
Charter Ho. 4347. Reserve District Ho. S.
REPORT OF CONDITION OF THE
LINCOLN NATIONAL BANK
Of Washington, District of Columbia, at the close of business on
June 30, 1938.
(Published In response to call made by Comptroller of the Currency, under
Section 6311, U. 8. Revised Statutes.
ASSETS.
1. Loans and discounts....$3,607,380.17
3. Overdrafts ._.. 3,050 93
3. United States Government obligations, direct and fully
guaranteed . 728.545.50
4. Other bonds, stocks, and securities..__ 1,487,483.94
8. Banking houses, $333,394.99; furniture and fixtures, $50,581.96. 383,976.95
7. Real estate owned other than banking houses. 232,785.82
9. Reserve with Federal Reserve Bank. 1,534,433.21
9. Cash, balances with other banks, and cash items in process
of collection... 3,076,594.26
10. Cash items not in process of collection__ 397.32
IS. Other assets........_ 13,067.73
Total assets-.911,067.535 83
LIABILITIES.
14. Demand deposits of individuals, partnerships, and corpora
tions .-...*6.380,877.40
IB. Time deposits of Individuals, partnerships, and corporations.. 3,759,598.14
IB. State, county, and municipal deposits... 3,950.84
17. United States Government and postal savings deposits.. 22,035.52
18. Deposits of other banks, Including certified and cashier's
checks outstanding.... 050,824.44
Deposits secured by pledge of loans and/or
Investments . $98,420.29
Deposits not secured by pledge of loans
and/or investments. 9,720,865.85
Total depoaits...$9,817,286.14
27. Interest, taxes, and other expenses accrued and unpaid_ 4,000.00
28. Dividends declared but not yet payable and amounts set aside
fOc dividends not declared.•.-... 18,000.00
29. Other liabilities....... 11.76
80. Capital account:
Common stock, 4,000 shares, par $100.00
per ahare. $400,000.00
Surplus ----...... 400,000.00
undivided profits—net---..._ 400,000.00
Reserves for contingencies___ 10,217.93
Total capital account- $1,330,217.93
Total liabilities_.811,067.535.83
MEMORANDUM: Loans and Investments Pledged to Secure
Liabilities.
31. United States Government obligations, direct and fully
guaranted . $389,906.35
33. Other bends, stocks, and securities.... 109,498.25
34. Total pledged (excluding rediscounts).__ >379,402.50
Si. Fledged?
Against United States Government and postal savings
deposits .. $50,000.00
Against dspostts of trust departments.. 317,496.25
With Stats authorities to qualify for ths exercise of
fiduciary powers. 110,908.25
, PUr other purposes- 1,000.00
Total pledged.—____-_ 9179,403.60
Washington, District of Columbia, as:
X, JAMBS A. SOPER, cashier of the above-named bank, do solemnly swear
that the shove statement la true to the best of my knowledge and belief.
JAMES A. SOPER, Cashier.
Sworn to and subecrlbed before me this 9th day of July, 1938.
(Seal) EVERETT H. PARSLEY.
Notary Public, District of Columbia.
> Commission expires September 1, 1942.
Comet—Attest:
ALBERT 8. OATLEY, RICHARD A. NORRIS,
HENRY T. OPPTERDINOER, H- *•. NORTON.
HOWARD L WILKINS. ^SaTH,
OBORGE L BOROSR, W. McK. STOWELL,
WILLIAM W. BRAWNER, FRANKLIN W. HARPER,
M. C. HAZEN, . . CHANMINO fl. WALKER,
LKROY W. Ill—tilt, Directors.

Evening star. [volume], July 12, 1938, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Evening star. [volume], July 12, 1938, Page A-15, Image 15 About Evening star. [volume] (Washington, D.C.) 1854-1972

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

Evening star. [volume], July 12, 1938, Page A-15, Image 15
About Evening star. [volume] (Washington, D.C.) 1854-1972