Evening Star Newspaper, October 5, 1928, Page 15

. TINANCIATL - CONVERTIBLE BOND GROUP IN DEMAND Seaboard Air Line Issues Stage Sharp Recavery; U. S. Notes More Active. b e BY CHARLES F. SPEARE. pecial Dispatch to The Star. NEW YORK, October 5.—Another forward movement in the industrial con- vertible bond group and a sharp re- covery in Seaboard Air Line issues were the two features of today's market. Stimulated by the sirength in stocks, Barnsdall 6s advanced another 213 points and Andes Copper 7s over 4 points. Anaconda Copper 75 gained 114 points. Dodge 6s were slightly re- actionary. Pressed Steel 55 joined the convertible group with a sharp and heavy deal- ings between' 89 and 102%;. The rise in Seaboard Air Line junior 4ssues and in the 6 per cent bonds cov- ering the Florida property was ac- companied by more than usual activit: ‘The adjustments. which sold at a ne: low of 40 a few days ago, were up 134 points. The refunding 4’}s. which were 5914 at the end of last week, gained 31, points. ‘The Consolidation 6s rose 2'; points @nd were 6 points higher than a week | st_advance was in the | Al-Florida 6s, with the series B bonds | up 5 points and the series A over 2| ago. The lar points. ‘There was nothing new in the Tailroad situation, but evidently the in- terests identified with the property are giving its bonds some support. | ‘The $25,000.000 issue of Missouri Pa- cific refunding 5s is the largest railroad offering in some time and was sold -1 point under the price at which bonds | of the same mortgage were quoted yes. terday. An industrial issue of $5,150,- 000 5 per cent debentures and an- other of $5,000.000 public utility 512 per ! cent debentures lifted the total day's offering to the highest figure in two weeks. There was somewhat more activity in the United States Government group in anticipation of the new notes, whose terms will probably be announced shortly. Both high-grade rails and | public utilities were stagnant. Every- | where there is a complaint among bond dealers that they cannot interest their clients as long as stock speculation con- sumes so_large a portion of public in- terest and of capital. Washington S;ock Exchange SALES. Capital “Traction 55—$1,000 at 101, $1,000 at 101. Washington Gas 55—$2,000 at 102}5. ‘Washington Gas 6s “A”—$300 at 104, $300 at 104. Capital Traction Co—10 at 105, 5 at| 105, 10 at 105%%. ‘Washington Rwy. & Elec. pfd.—10 at 100%g, 20 at 1005, 20 at 100%. Federal-American National Bank—T7 at 3353g. Riggs National Bank—2 at 550, 10 at 550, Am;,;lc-n Security & Trust Co—10 at 455. Merchants’ Tran. & Storage pfd.—40 at | 10815 10 at 108%:. { National Mtge. & Ins. pfd.—50 at 5%, | 100 at 53, 100 at 5%. AFTER CALL. Capital Traction Co.—10 at 1053. Chestnut Farms Dairy pfd.—10 at 107%. Mergenthaler Linotype—10 at 100%2, 20 at 1001 : erdl;lun Park Hotel 5125—8$2,000 at 1043, Sanitary Grocery Co. pfd—10 at 130, 2 at 130. Washington Rwy. & Electric 45—8$500 | at 92%, Manitary Grocery Co. pid.—75 at 130, Yeoples Drug Stores pfd.—75 at 130. District National Bank—10 at 239. Lanston Monotype—15 at 11312 ‘Washington Gas 6s “B"—$200 at 104%. Money—Call loans at 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. T g Am. Lr. 58.. Anacostia & Pot. R. R. 55. .%n-, & Tot sua. 8 iQ'& P, Telephone 5s. A i P. Teir of Vi apital Traction R. ity & Suburban 5 Georgetown Gas 1st_5s. tomac Elec. lst 58 tomac Elec. cons. 5% . Potomac Elec, 65 1953 Was Alex. & Mt Ve ‘Alex. & Mt. V. Wash.. Balto, & Annap. 5s. Washington Gas 5. Wash. Gas 6s. series A. ‘Wash. Gas 6s. series B Wash. Rwy. & Elec. 4s Wash, Rwy., & Elec. gen. 85 MISCELLANEOUS. Barber & Ross, Inc., 6% Chestnut Farms Dairy 6%s evy Chase Club 5%5s. . C. Paper M. 6. ot. Joint Stock L'd Bl ash. Market Cold Storage 5 Wash. Cons. Title 68 ........,. ‘Wardman Park Hotel 5 STOCKS. PUBLIC UTILITY. Amer. Tel & Telsa apital Traction.... 2 ashington Ga 8] orfolk & Wash. Steamboat. .. Potomac Elec 67 pfa... 112 Potomac Elec. 5127 pid Wash. Rwy, & Eiec. com. !l Wash. Rwy. & Elec. pref....... NATIONAL BANK. National - Capital Columbij . Gommercial District Farmers Federal-American Liberty National Lincoln . .......iiolls ational ~Metropolitan. . ... erchants’ Bank. . ..l.. . Naticns) savins & Trusi nion Trust.. ... A Washingion Loan & Trust SAVINGS BANK, Bank of Bethesda ommerce & Saving; ast_ Washington.. Potomac o Sec. Sav. & Commercial Beventh Street AL Tnited States ... Washington Mechanics. . @... FIRE INSURANCE. American 5 3 3 Corcoran Firemen's National Union. . Columbia Real Estate Title & Inv. Co. ‘of Md. com.. ‘Wash. Cons. Titie pfd MISCELLANEOUS. Barber & Ross, Inc, com... Chevy Chase fa Chesinut Farms Dairy com Chestnut Farms Dairy pia. Nat'l Co. ptd C. Paper Mfg. pfd. .. Nat'l Securities pfd Col'8and & Gravel pfd Federal Storage pfd ederal-American Co. com ederal-Americar _pfd Snotype ns, & Storage ferch. Tir. & Stee. pld fersenthaier ‘Linotype Natl Mige & Inv. ptd Peoples Drug Stores pid.. Eecurity Storege et €anitary Grocery Co. pfd . Ter. Ref & Whre. Corp Waih. Cony. Hall pid Weck Mech. Mige. com Wash. Medical Bldz. Corp Wondward & Lothrop “Ex-dividend. e RS S FOREIGN EXCHANGE, YQuotations furnighed by W. B. Hibbs & Co.) Nominal cold ‘Selling checks value (or par). _today. London, pound (348665 34.840 Baris, frant 193 9 Brusieis. be riin, Rome. ' lirn Zurich. franc atrens. drachma Madrid, peseta. . Vienna, schilling Buacpest, penso “ Frague. crown (nom.. Warsaw. zloty - Copenhasgen, €rown. . fo. “crown e e 3 e 19 Lib éth 4%s US3%s'43. US 33847, u v 3 12 S 4s 1044, S4iss2. FOR Argentine 5s.. Argentine 65 Ju 59, Argentine 6s Oct59 Argentine 6S A.... Argentine 6s B.... Australia 4145 56., Australia 53 1955., | Australia 5s 19 Bank ofChile 6%s glum 6 glum 6% s Belgium 7s 1955. Belgium 75 1956. | Beigium 7%s. | Belgium 8s. Botivia 8s... Bordeaux 6s... Brazil 6%s 1926, Brasil 6148 1927, Brazi] 7s. Brazil 8s.... Bremen State 7 Canada 55 1931 Canada bs 1952 Canada 6%s 1929, Chile 7s 1943. . Chinese Gov Ry 5s. Colombia 65 Jan 61. Con Pow Japan 7s. | Copenhagen 43 '53 | Copenhagen &s ct.. Denmark 6S......0 DI 15%s Mch 53.. Dutch Kast 1 63 47.. Dutch East 1 6s 62, El Salvador 8s 48.. Finland 5%s. Finland 7a... Framerican 7% French 7 French T4s. German 7s, Ger Am Bank 7s. Ger Gen Elec 7s Hait1 6s..... Irish Free State 5s. ltaly 7s Italian Pub § Japanese 4s Japanese 6%s Mexico 4s 10 asntd Milan 6%4s... Netherlands 6s 54.. iew So Wales 57, New So Wales 58. Nord 6%s. Norway 6s 1963 Norway 5%s. Norway 6s 1943 Norway 6s 1944 Norway 6%s 19: Orient Dev deb 6s. Paris-Ly-Med 6 Paris-Ly-Med 7 u 6367 w1 u 7s. Peru 71 Poland 7s (rets). Poland 8 Queensland s WQueensland 7s. Rhinelbe Un 7s.... Rio de Janeiro 618 Rlode Jan 8s 1946., Rio Gr Do Sul 8s... Rome 63%s...... Sao Paulo 8s 1936, Saxon (PW) 7. Seine 7s 42... Serbs Crot Slo 8s. .- Shinyetsu 6145 52.. Soissons 6s. Sweden 5%s Swiss 538 1946 Swisa Confed Toho El Pow 7s. Tokio 6%s1961.... UtdKingdm 53s 37 Utd Steam Copen 6s Yokohama 68 w 1.. Ajax Rubber 8s. AmAgriChem 7%s. Am Cotton Oil 5 Am Smit&R 1s Am Sugar Ref 6: Am T & Tcl tr 4s, AmT & T cl tr 6s, AmT&Ts15s. Am Tel & Tel 6% Am Water Wks b Am Writ Paper 6 Anaconda 1st 6 Anaconda cv db 7 Andes Copper 17 Armour&Co+4 %839 Armour Del 6345 Associated Ofl 6 Bell Tel Pa5sC... Bethlehm Stl pm§s Beth Steel rf bs. Beth Steel 5% ethlehem Steel Bklyn Union 5% Bush Term Bldg 5s Cettain-Td5 Y% srcts Chile Copper 6s. Col Gas&El deb Cen Coal Md 1st bs. Con GasN Y 5%s.. Consumers Pow 5s. Cuba Canecv 7s... Cuba Cane . Detroit Edison 5540 Detroit Edison 6s. . Dodg . ast Cuba Sug 1%s Gen Asphalt 6s 36.. Gen Mot Ao Cor 6s. Goodrich 6%s. Goodyear 5s rcts, Hoe & Co 6% Humble O11 5 Humble O & R 6%8 1llinots Bell 1st b 1llinois Steel 43 inti.Cement 58 48.. intl Match 68 47... Int Mer Marine 6 Int Paper 6s 47 Inter Paper 6s. | Int Tel&Teleg 43%s J Kayser& Cob%s Kan City P& L 5 Kan G & E 6s b2 Kelly-Spring 8s. Laclede 5s. .. Liggett & Myers 78 Lorillard 58....... Midvale Steel 5s. .. Mont Power deb bs New England Tel 5 N Y Edison 5s 44 N ¥ Edison 64 NYGELH&P4 N Y Tel 444s.. N Y Tel 6341 North Am Edis 5s. Nor Ohio Tr & L 6s Nor States Pow 6s. Nor States Pow 6s. Pacific Gas & EI bs PacT & T 1st bs. Pan-Amer Pete 6s. Paramount 6s 1047 Pathe Eixchange 75 People's Gas bs Phila Co bs 67 w 1. Philips Petro 6%s. Por Kic Am Tob 68 Punta Alegre 7s... RemingtonAr 6s 32 Rem Knd 5%s war. sinclair Ol 6 Sinciair V1l 6%8 Stnclatr Oil 7s. Sinclair Crude 5% Sin PipaLine Skelly Oll 5% South Bell Tel 6s.. Southwest Bell bs. Stand O1l N J 68 46 SugarlistOriente7s TennElecPow 6s 47 United Drug 68 63. U S Ruo 1strt 6 U S Rub 7%s. USSteel st Utah Pow & Lt Warner Sug 15 8 West Elec bs.. Westn Union b b1. Westn Unlon 6%s. Willys-Ov 6%s 33 Wilson & Co 1st 6 WinRepeatAr 7345, 41011 57 1015 5 10525 Barnsdall 6s 1940, .428 98 15 10 10 9810 98 26 EIGN. Sales. High Close 98313 9815 1 101 14 Low. o1 5 99% 9 99% 100% 103 103% 102% 99% 99% 104 90% 2 10 1 96 4 106% 7 105% 1 100 101 103% 99 6 1044 1054 107% 99 89% 105% 138 34 22821627 13 17 1 93 93% 1024 123% 5 108% 4 100% 102 6 102% 104% 310 102% 88% 107% 103 107 9% 93 100 101% 104% 99% 967 98% 103% 9913 102 951 114 104% 104 108% 101% 120 881 100 100% 106% 104 114% 941 100% 106% 100 Postal Tel & Ch%s 3 Public Service 445 3 1015 9810 9810 9826 9826 10521 10521 15 11027 11026 11026 Close. 4 108% 99% 103% 102% 110% 987% 90% 104% 97T 96 MISCELLANEOUS. 106 104% 100 100% 103% 99 104% 104% 107% 99 887% 105% 137 1% 102 100% 106% 99% 101% 102 106 101% 1025 94 103% 104'% 102% 97l 106 9T% 88l 100% 107% 100 90 103 110 107 Tagstn S&T 6s w 1. 13 100% 100 [ 114% 99% 101% 104% 99% 967 9844 103 99 95% 114 104% 1044 108% 1011 120% 884 100 100% 106% 104 1147% 94% 100% 106% 100 101% 102 106 102 1022 1034 67 1043 89 4 101% 107% 100 904 103% 103 110 1004 RAILROAD. Sales. High. . 10 92% 3 9% 66 929 102% 10248 1045 110 104 93 Low. 92% 94% 66 98% 102% 1024 104% 110 103% 93 9115 943 Atchison gen Atlantic C L 1s Atl & Dan 2d 4s 48, B&Qovin B & O ref 5 ee B & O 652000 D... B&O1stbsct. B&Orf imp 6 B&OSW 6850, B & O PLEWY 4 Brookiyn Elec 6%8 Brooklyn Elev 648 Bklyn Mznhat 6. Can Nat 4%s 57. Can Nor 4%s 1935 Canad North 6%s Canad North 7s. Canad Pac deb 4s. Can Pac 415 46 Central Pacific 4. Cent Pac 1st 6s 90 Chesa Corp 63 w 1 Ches&Ocv4le Ches & O gn 4148... Chi B &Q 1strf b5, CB&Q 11l div 4s Chi&E 111 gn 68 61 Chi Gt West 48 69.. 37 CM&StP ret 414885 10 1ChiMilSP&Pacss76 24 CMSP&Pacadi 5503286 Chi & NW ref 5s... 6 ChiR1&Prtes.. 17 CR1Pac4%swi.. Chi Un Sta 4%45.... Chi Union Sta bs 44 Chi Union Sta 6%s. Chi & W Ind cn 4s.. C& W 15%s62.... CCC&StL 4%5 E 17 CCC&StL deb 4%s. CCC&StLrt6sA. Clev Term bs C& S 1stds 20 Colo & Sou 4343. Cuba Nor 6%s et Cuba R R 5s... Del & Hud 1st rf 48 Del & Hud 5%S.... Del & flud 7s 30. Den & Rio G cn 4; D R10 G West 5s. Erie 1st cons 4s. Erieconv 4s B, Erie Gen 4s. . Erie cvt 55 67 w 1. Erie conv ext 7s. Fla East C5s 74. Gr Trunk stdb 6s., Grand Trunk 78. ... Great Nor gen 73..; Hud & Man aj bs Hud & Man ref 5 111 Cent 4s 52 111 Cent 4s 58 L1 Cent 4% 66. 111-C-C- StL&NO b3 Int Rapid Tran bs. Int Rap Tr bs stpd. Int Rapid Tran 6 Int Rap Trans 78.. Int & G Nor 1st 6s. Int&GtNoradj 6s 52 Int Ry C Am 6s 41.. Int Ry CA 6%sret Kansas City S 3s.. Kansas City S 5s. Kan City Term 4 Lake Shore 45 31. . Louis & Nash 5s B.. Louis & Nash 5%s. Louis & Nash 7; Market St 75 40.... Mil El Ry & L 6s 51 Mil El Ry & L 5s 61 Minn & StL ref 4, M St P&SSM cn 4s. M St P& SSM5%s. M StP & SSM 638, MK&Tadj 68.... MK&TprinbsA. Mo Pacific gen 4s.. 51 Mo Pac s A 65.... 13 Mo Pac bs F 77....522 Mob&Ohio gn 4338, 1 Nassau El 4s61... 12 New Or Term 4 5 N ¥ Cent 45 98. 10 N Y Cent deb 4 1 NYCentrfbs 15 NYC & StL deb 1 NYChI&SLL 5 %s. NYChI&StL 6%sB. NYC&StL6s New Haven 4s 55. . NYNH&H 48 56. NYNH&H4%s, NY NH&H cv db 6s NY NH&H cit 6s. N Y Rys 68 65... N Y Rys 6s A 65... N Y State Ry 4%4s. NYStateRy 638 62 Nor & S gen 68 54.. Nor Pac 3s 2047. Northern Pacific 4s Northern Pac s D. Northern Pacr 1 6s Ore Short L rfs 4s. Ore Short L cn 5; Ore Wash 1st 4 Pennsyl gen bs. Pennsyl b Pennsyl 6%s Pennsyl gold 7i Pere Mar 1st 48 56 Reading gen 4%8.. R1Ark & L 4%s. St L IM&S 4529... Stl 1 M&S gn 6831 34 St L IM&S R&G 4s. 6 StL&SFp 4sA. 60 StL&SFra%si8143 StL&SFoprinbs. 6 St LS W con 48 32. 20 St P & KCShL 4% 5 SanA&ArnP4s.. 2 Seaboard AL 4s sta Seab A L ref 51 SeabAL adj b5 1949116 Seab A L con 6s. .. 269 SBAllFla6s36 A. 39 SBAllFla6s35 B Sou Pac 4s 29 Sou Pac clt 4 Sou Pacific ref 4 Sou Pac 4 %s rets Sou Ry gen 4 Sou Ry 68 56.. Sou Ry 6% TexArk FS 5%s 50. Tex & P'ac bs 18 1977 Third Ave 1st 58, Third Ave ref 4s Tol St L& W 45 50. Tol Tr L&P 5% 30 Unicn Pac 1st ¢s. Union Pacific 48 6l Un Pac 4%s 67 Virginia Ry 1st Va Ry & P58 Whash 41%s'78 rcts Wabi 5%s 6. West Maryland s West Md 5%s 77. Western Pacific b Wis Cen gn 45 49. 103% 90% 103% 90% 90 847 821, 80 94% 1024 85 106% mrxanbanom—n5 e JOTDTOTDY SURIOL - [ TTORUNe it -4 13 105% 1007 904 5 10374 80 98Y% 1 98 98 83 Special Dispatch to The Star., NEW YORK, September 5.— Bid, 55.00 40.00 Ger Govt Red Loan with draw Ccifs att per 100 R M....... Ger Govt Red Loan without drav ctfs per 1,000 R M | #amburg 4'2s 1019. ... (Quoted in’ dollars pé 412 pre. 4155 1919, Berlin 3 mburg 3s. ¢ Hamburg America: North German Lloyd 4%as.. Krupp s 1921. . v Dusseldorf 45 pre-w Franki Munich Elec) ‘(Quoted_in, A E G 1Ger Oe s A F G (Ger Ge Eiec) ptd B. . Sommetz and Privat Bank. 1 G PArbeD. 1 io.oieensees Disconto _Gelischaft Berliner Handel Dresdner Bank. Deutsche Bank Darmstaedter Banik, Eeyden Chem _ .. Mercur Bank Vien! Nor 'Ger Llovd... Austrian A E G (G Ger Gen Elect Dre-war. ... doliars b Epecial Dispatch to The Star. NEW YORK, October 5.— Bank 4s May 1959-38. Bank 4s Nov. 1957-37.... Bank 4145 Jan. 1057-37.. Bank 4'4s May 1957-37.. Bank 4'4s July 1956-36 Bank 4'35 May 19420p32 Bank 4'3s Jan. 19430p33. Bank 4135 J & Bank 435 J. Bank 4125 J; Bank 4%s J. 19530p33 Bank 4745 Jan. 19540p34 Bank 4%5 July 19540034, 1 nk 5s 'Nov. 19410p31... 100% Ak ba Mag J04lepdiils 10074 Land Land Land Land Land Land Land Land Land Land Land 163 9634 9635 99tz 9% 997 100 00 10012 Land Tand (Quoted in doliars per million marks.) . 2500 Bid. As} 963 (v BONDS o s Received by Private Wire Direct #» The Star Ofice UNITED STATES. (Sales are in $1.000. Sales. High. Low. Close. 92%, 94% 90 98 105 106 103 98% 102% 101% 14% 88 92 102 104% GERMAN BONDS AND STOCKS. Asked. 60.00 42.00 35.00 usand marks.) 22.00 25.00 :| FEDERAL LAND BANK BONDS. ked. 96 i 7 L1001, (CURB VALUES RISE IN UPWARD SWING Leaders Score New Records. | Durant Motors, Wesson Oil and Others Active. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, October 5—The upward movement again predominated in to- day’s Curb Market session, with the cus- tomary new high records marked up in the leaders. The motor stocks were prominent, with Marmon the favorite at a new high of 65, up more than 5 points Buying was based on the report that the company was to form the nucleus of a | new combine specializing in a low-priced line of straight-eight models. Durant Motors went to a new high for the vear above 19, where it was up some 2 points, and Auburn rallied a point or so, but felt the effect of realizing later. Among the specialties that establish- ed new highs were Cuneo Press, Appo- naug, Massey Harris, Wesson Oil and Snowdrift and Kimberly-Clark. Appo- naug was responding to the highly fa- | vorable earnings report for the first half { year, which disclosed net equal after preferred dividends top 97 on the com- mon. | Columbla Graphophone, crossing 100, so0ld at & new top, influenced by reports that it was to be listed on the Stock Exchange. Schulte ing 45, went to its highest, als ing the prospect of listing on the big board. Among the olls Barnsdall debenture warrants at a new high was the most noteworthy performer, moving forward sympathetically with the class A shares. Tion Oil & Refining continued in de- mand, while Magdalena Syndicate fea- tured the low-priced issues, crossing the $1 level. Mining issues gave a good account of themselves, although the demand was less pronounced. Iron Cap was well taken and Shattuck Denn was taken up again. M’ANDREW IS GIVEN EDUCATIONAL POST Former Chicago Superintendent Becomes Chairman of Associa- tion's Committee. By the Associated Press. ‘William McAndrew, former superin- tendent of Chicago public schools and the target of Mayor Thompson in his campaign against what he termed pro- British text books, has been appointed chairman of the resolutions committee of the department of <uperintendence of the National Education Association. ‘This committee, consisting of 10 other prominent educators, is charged with the responsibility of compiling the viewpoint of America’s school administrators on the outstanding educational issues of the day. Other members of the committee, all superintendents of schools, are: Norman R. Crozier, Dallas, Tex.; Leonard Young, Duluth, Minn.; Harvey O. Hutchinson. Elmira, N. Y.; L. C. Ward, Fort Wayne, Ind.; O. B. Strong, Savannah, Ga.; L. W. Mayberry, Wichita, Kans.; Irving W. Small, Bangor, Me.; Leslie A. Butler, Grand Rapids, Mich.; G. O. Swing, Covington, Ky., and J. Harry Winstrom, Springfield, Il NEW YORK PRODUCE MARKET NEW YORK, October 5 (Special).— State white domestic cabbage, in bulk, sold on the basis of $45 per ton, and Danish $50. Hudson Valley basket Con- cord grapes sold at 55624 cents, chiefly 5712260 cents. Western New York Elberta peaches, in bushel baskets, No. 1 fruit, wholesaled at mainly $1.50a$1.75. Some fancy, how- ever, realized $2.002$2.25. Big Boston lettuce from all sections of the State sold readily at $2.00a$2.25 per crate. Inferior ock, however, worked out as low as 75 cents. Roaming commanded as high at $2.75 per crate. The very best cucumbers peddled out at $3.00a$4.00 per bushel basket. Off grade ranged from $1.50a$2.00. Fancy cauli- flower jobbed out at $4.50a$5.50, oc- casionally $5.50 per crate. Ordinary to fair quality realized from $2.50a$3.50. Colorado caulifiower brought $3.25a$3.50 per crate. Western New York celery, two-thirds crate, of golden self-blanch- ing, in the rough, sold at $2.00a$3.00, mostly $2.50a$2.75. Western New York. United tSates grade, No. 1, 2!; Wealthy apples brought $1.50 bushel basket and $4.50a$5.00 per barrell. Plan to List Stock. NEW YORK, October 5 (#).—Appli- cation to list Schulte Real Estate Co., Inc, on the Stock Exchange, is to be made. The stock is now traded on the curb. The Schulte Retail Stores Cor- poration owns more than 70 per cent of the common and all of the preferred. Mapes Co. Stock Offer. NEW YORK, October 5 (#).—Thirty thousand shares of Mapes Consolidated Manufacturing Co., manufacturers of cup flats used in packing eggs, are being offered at $32.50 a share. For the eight months to August 31, last, earnings were reported as $3.77 share on 120,000 com- mon stock shares. DIVIDENDS. Regular, Pe- Pay- Hldrs. of Rate. riod, able. record. 50c @ Oct. 15 Sept 2% Q Oct. 13 “Sep. 3 3 Q Nov. 1 Qct 50 Q Nov. 1 Oct. $1.50 Q Nov Company, Am_Rolling Mill... Do pf (old) Atlas Power pf Bigelow Hartfd Cpi oSt it T Concord Eiee . Do pf .. i, Exeter & Hmptn ‘Eiec Do pf 137 Q Qo o i ety 5 Hartfrd Tms part pf..75¢ Q Nov 13 Inter Acceptance BK.3150 Q Oct Nat Elec Power, A....45¢ Q Nov. Nat Tea pf........31.62's Q Nov. Richardson 'Co’ ..:32 Q Nov. Richfield Ofl ... 11!l 50c Q Nov. Scott Pap P, A$1.75 Q Oct. 3 Do 67 pf.’ B......$1:50 Q@ Qct. 3 Shares Holding A, 439sc Q Oct Superheater Co ... 5180 @ Oct Un Cigar St 6% B.19:% Q Nov. Utility_ Shares .90¢ SA Nov Vick Chemical ©.51.Q Nov. xtra. 1 EX Nov. ¢ EX Oct. Richardson Co ... Shares Holding, ‘A’ 12 ¢ Foster Glass . Nat Dairy Prodiic o SHORT-TERM SECURITIES. (Reported by J. & W. Selieman & Co.) Ofter. Alum. Co. of Amer, 5s 1952, ... Amer. Tel. & Tel. 45 1039... Anaconda Copper 65 1929 Balto. & Ohlo 4125 1933 Batayian Pet, Corp. 4'25 1042. Bell Tel. of Canada 55 1955, if. Pet. Corp. 58 dian N [ Canadi Ches. & Ohio P Columbia G Cudahy Packing Co. 528 1937, uquesne Lizhting 4':s 1967.. 1. 111 415 1030 09 Accep, Corp. 65 1937. 102 . Pet.' Corp. 55 1940, ....... 1 Goodyear T. & R. 53 1957. g Grand Trk. of Canada 6s 1936.. Gulf Ofl of Penn. 5s 1937.. 1 Oil 5155 1932, 55 Gas Co. 5155 1046 New York Tel. 65 1941 Cregon Short Line 4s 1920.. Pure Ol Corp. blas 1937... Bhell Unfon Ofl 85 1047, Southern Pac. R, R. 45 1020..° 0 Standnrd Oil 'N. Jersey 58 1046.. St. L., . Mt. & So. Ry. 45 1 Swift & Co, 55 1032 {nion Oil Co. of Calif. 5s 1 U. 8. Smelting Co. 5'2s 1935, Wheeling Steel Corp. 5'3s 19 £ ] NEW YORK CURB MARKET Recsived by Private Wire Direct to The Star’ Office Following is a list of stocks and bonds traded in on the New York Curb Market today: Sales in hundreds. 56 Acourtic Prod . 4 Adams ~Millis 1Aero Sup Mf A 13 Allied Pack ... 2Allison_Dr B.. 7 Alpha Port Cem . 4Alum Co Amer 2 Alum Co Amer pit 11Am & For pow war. 1Amer Bak A ....... 2 Amer Br Bov El F.. 1Am Colortype i 11 Am Cyanamid B . 21 Amer Dept Stores 1Amer Gas & El pfd 5 Amer Hardware 1y Amer Laund M: 1Amer Lt &1 1 Amer Nat Gas .. ner Rayon Prod ... er Roll Mill 5 Amer Sol & Chem 1 Amer S & C p pid 4 Amer States Sec ALl 5 Amer States Sec Bl 11 Amer Sta Sec war £ Ame: 1Am Thre 7 Anchor i 1 Amsterdam’_Trad 6 Anglo Chil Nitra . 35 Apponaus Co_ ... 28 Aseo Dve & Print 20 Asso Gas & El 37At Frut & Sug 13 Atas Plywood 3 Atlas Port Cem ..i1 21 Auburn_Auto Co ... 3 Axton Fisher A ... 1Bania Corp 15 Balab & Katz vic 4 Bancitaly ... 7Bendix Corp B - 2 Benson & Hed pid 3Bliss B W _.o..0i 4Bonn Al & Br 1l 6Braz Tr L & P’ 1Brillo MIE ......... 2 grist Myers’ 2 Bklyn City R'K 1 Budd Mg ris GBuf Niag & E P Buf N & liard M bhell W an Marconi W Savanagn Dobb lan G Am o pid 3 Celin G 'Am 1 prd. 2 Cellulgid Co 1 . ; Gen Aguirre Sug iCent Pip Cor 4 Gent Pub § A 1Cent Sta El bf 1 Charis’ Corp 1 7 i 3 Cheek Cab Mg Clerox Chem A Colz_Palmol P’ Col_Graph . Commonweaf 3 Commonw P, ¥ 40 Cons Auto Mer vic 1 Gons Aut M vtc 87D 2 Cons Auto Mer pfd.. 18 Consol Dairy P ... 1 Consol Film 8 Consol_Laund 1Cons Rei Sirs 27 Cuneo Press 4 Cuneo Pr pfd 1Curtis Pub pfd.: 62 Curtiss Flving Serv.. 4 Davega Inc . " 22De For R C...0.0. 5Det Ed rts wi'.. 7 Doehler Die € C 2 Dominion St Li 13 Donner St pr pfd. .. 35 Dubilier C & R. 243 Durant Mot 2 East Roll M 47El Bond & Sh_ Gor 183 El Bond & 8 C rts 1El B & Sh Co pfd. Invest Inc ... B & OB bl & pi ec Shovel C pt pfd 50% 3 Fageol Mot Co 10 Fansteel Prod . 15 Fedders Mg A 23 Federal Water A. 22 Fiat deb rts 17 Filen Sons 1Filen pfd wi 23, Firestone Tire 1Firest T 7s pfd. .. 13 Ford Mot Co Can 3 Forhan Co A . 25 Fox Thehters A" ... 24 Freed Eisem R G.... 110 Freshman Chas 314 Galesburg C & D 3 Gen Am Inv 83 Gen Bak .. 37 Gen Bak pfd 114 Gen Mills .. 14 Gen Pub Ser 7 Gilbert ... 6 Glen Aldeén Coal . 2 Godehaux S 12 Goldberg Sons 4 Golden Sta Milk 5100 1 Gotham K Mch wi .. 2 Hall Lamp .. 30 Hall Printing 1 Hart Parr ... 2] Happin C 8t A 3 Hazeltine Corp 3 Holland Purn . piHom A C . varade ... 4 Insur Co N A 5 Insur Secur ... 5 Int Ciz Mach C 121Infl Prod ... 1Intl Prod pfd. . 9 Intl Saf Raz 16 Intern UL B . 11tal Superp deb ris 3 Kemsley Millb . 5 Kemsley Millb cod ... 1 Keystone Alrcraft ... 33 Keystone Alrcrafts rts 2 Keystone St & W ... 148 Kimberly Clark 1 Kinnear Stores 243 Kreuger Toll . 3 Lackawan Sec & Lake Super C § Lakey Found & M 1Lane Bryant 2 Lefcourt, Real 3Leh Coal & Na 1Leh Val C COD. . 3, Leh Val C Sales:!!!l 5 21} Libb Owens Sh G. 111 12 Ludwie Baum pfd 36 Marc Wire Lond B 4 Marion Steam Shov 198 Marmon_ Mot 4 Massey Harris 28 Mavis_ Bottiing 5 May Drug Str. 11000 1 May Hoslerv nfd..". ! ! 10 McKeeson & Robb Wi. 23 McKess & Robb pfd 3 Mead Johnson S am e At oL SEEFC b it 1 Me 1Met 5 & 50c 8 1Mid West Util..... 12 Mid W_U 6% pid 1 Miller Sons. ... 19 Mohawk Hud Po unicipal Serv Nat Bak...... i Nat Food Prod A.. 6 Nat Food Prod B..... 2 Nat Mfg & Stores. 49 Nat Rub Mach 2Nat Sug R N _J. 1Nat Theater Sup. 1Nat Trade Journal.. 1 Nebr Corpn ecfs. a4 Neisner Br pfd... 1 Nelson H.... ... 1 Nestle LeMur w i, 2 Neve Drug. 2 Newton St 53 Nichols & Shep. 12 Nichols & Shep 6 Niles Bem Pnd. 42 Noma Flec... 2 North Amer’ com. 20 Northe POW....... 4 Nor Sta P A, Ohio Ed..... O Ed 6 pid. O Ed rts. Ohio Sec... Drug Store. p_ Morris, . 1Pick Bar & Co pfd... 5 Pierce Governo . ."»% gm:l!’“ ‘W‘H(“\,y . ige Wigs iae 2 Pige Wigg S 14 D... 20 Pitney Bowes P M. s Pow Corpn Cda lst » 6 Pratt & Lamb C..... 13 Proct & Gamble. . 2 Prop Silk Hos Mil. 31Pug § P & L. 3 Rainbow Luminous 5 Ray Bestos .... 6 Reynolds Metal pid.. 2 Rich Rad 1; Rolls Royee 12 Royal Bak Pow 1; Royal Bak P pfd 4 Ruberoid 14 Sate-T-Stat i, Safeway Store: 13 5t Regls Paper 1; Sanitary Grocery 3, Schulte” Real Eat 211 Schulte United 1 Seiberling R C 22 Serv El n vte 1 Shredded Whea 3 Sierra Pac E 3 Silica Gel vte Silver T & B 15 Singer M e 13 Southeast P & L n B South P & L trc.. 16 South P & L war 31 South_ Asbestos 38ou C E B pid 273 Spald A G & Bro 11 Spanish & Gen reg 7 Sparks Withing 1 Spencer Kellogg n 7 8pies M Stern pid. 14 Stetson J B. e 17 §tutz Mot . . 10'; Swed Am Inv 18wiss Am_El pid 48yra W Mach B. an Prod ...... Texas P & L pfd 2 Timken Det Axle Tishman Realty . Tob Prod Export Todd Bhip_ ..... . Transcon Alr Trsp... 19 Trans Lg Piet...... 9 Truscon Stl . sssen 2'1 Tubize Art 8 B 8Tung Sol Lamp.. 7Tung Sol L A. 9 Unton N G Can . 1Uni Elec Bond rts... 1Uni EI C!.nlcvt(h . ¢ btd ‘Tool 5! Asbestos . Dairy A. ou B g inter B J. olver Port, oodworth ~ Inc 7 Young Spr & Wire.... 5 1Zenith Radio........ 1 4 Zonite MINING STOCKS. 1Cent Am Mines...... 6 4 Chief Cons Miv om_Tun & : Cop Mines p Mines 8'7'd 11 Mason 2 New Corneiia 18 Newmont Minin 3N Zinc 25 NiDIssiRg . 266 Noranda 130hto Cop... . 1 Premier Gold M. 6 Roan Antelope Cop. 55 Bhattuck Denn. 33 &t Anthony Gold.. .. 15t Marys Minerai. .. 1 Tonopah Belmont 3Uni Verde Est 3Uni Verde E 75 D. 2Uni Zine Smelt 2 Unity’ Gol 3 Wendon _Cop.. 3 1 Yukon Gold. Tl 0 Sales INDEPENDENT OIL STOCKS. in hundreds, 10 Allen_ Oil.. ie. 13 Am Con Oiifids. .. 1! 5 Am Maraceibo CO 100 Darby Pete 1 Empire G & ¥ s pid 8; 3 Lo 34 Lion Oil. ... 138 Magdal Synd. 3 Mexico Oh 10 Mex Oil.... 1 Mount Guif. 8 Mount_ Prod 7 New Mex Ari 10 Pandem_ Oil 88 Pantepec Oil . 1 Pennok _Oil Corp 1 Reiter-Foster Oil 18alt Ck Cons 10 Salt Ck_Prod 2 Savoy Ol 201 Texon Oil & Land 111 Venezuelan_Pet 4Wilcox O & G n Sales in STANDARD OIL ISSUES AND FOR- units. MER SUBSIDIARIES -STOCKS. 300'Anglo_Am Ol 19 19 200A A O non vic 18% 100 Atl Lobos ... 100 Buckey» P 'L 2100 Contl_Oil .. . 150 Gal S O pfd 1000 Humble Oil & R 3700 Inter,_Pet Ltd. 3700 Nat_Transit Y Transit 800 Penn Mex T 100 Prairie Q & G. 250 Prairie P L. 3100 South _Penn O.! 11008 O Ind 1200 Vacuum Of Sales In ihousands $Abilibl P & P 35 A.. 90 40 Abrah Straus 51, Wi 106% 5Aln Pow 412 ...... 941 14 Allied Pk 65 . 10 Allted Pk s 111l 12 Alum Co Amef 55 10 Alum Lid 55 . 8 Am Agere Cor 85 7Am Con Alc 65 Al 23'Am Gas & EI 55 . Pow & Lt 6s | Roll Mill 55 .. Seating 6s . 3 Appal EI Pow 55 2Ark P & L 58 . 67 Asso Dye & Pr 5 Asso Gas & EI 10 Assoe Gas & Ei 5 As Sim Hard 6! 3 Bates Valve Baz 6 5 Bancon Oil 8s .. . 1 Boston & Me 65 M 84 Boston & Me 53 AC 2Can Nat Ry 75 E ... iCAo P &L Ss ... 1Cent States El 53 10 Chi Pnen Tool 5135 BCinn G & E 45 A 18 Git Serv 5 5 Cit Serv Gas 1Git Serv Gas B 7 Cit Sorv Pow 55 10 Golon Oil 88 ... 1Cons G Balt 65 A" 4 Cudany Slas . 31 Det City G 55 B 1Det Infl 7s . 12 Firest Cot Mii 55 SFla P & L 5 . 1Gal Sig Pet 7s '30. 3 Gatineau Pow 55 . 1 Gatineau Pow 65 . 2 Gen Am Tnv 55 A W 2Gen Laun Ma 6133 15 Gen Eayon 6s 1Gen Vend 8s 5 Georgia Pow 5 1Grand Trunk 6%3 . 5 Guif Oil Pen 5s 41 1Hood Rub 75 ... 2 Houston Guif G 6s 12 Ind Oil & Gas 6s 18 Indianap P & L 55 17Intl Sec Amer 5x 5 Intersta Nat G 63 ww 1 3 Kendall 8izs ....... 95 § Kop Gas & Coke' 55 10 Lehizh Pow 65 A 1 Lone Star Gas 8 13 Mass_Gas 5las , 35 Met Ed Cn Pa_4155 D 987 17 Missouri Pac_ 53 wi.. 909 5 Mont Lt Ht_ & P 5s A 100 2 Narrag Co 58 A ..... 9 iNai D Prod 6i3s 4 Nat Pub Serv 8s 34 Nat Rub M 6s . 5 Nev Cons Cop 55 . 2 Niag Falls P 65 1 Nichols & Shep. 17 Nor Am Ed 8135 B 1Pac G & E 4135 E. 1 Potomac Ed 55 E 5 Rem Arms 5ias. 5 Richfid Oil 65 A 4RichAd Ol 535 ! 95an Anton P 5 55 B 17 Schulte R Est 6 1°Co’ Del 5 hawin W & P 415 23 Snider Pack 65. .. 3 Solvay Amer 55 A 8 Southeast P & L 65. . 1Sou Cal Bd 35 131 11 Sou Cal Ed 55 52 2 South Cal G 85 31 60 Sou_Asbestos6s. .. 2 Southw P & 1 65 A 6 Staley Mfx 68 . Stand P & L 65 28un Maid Rais 6 3 8un Ol 5125 .... 8 Swift & Warner _Quinlan 6§ 3 Westv Chlor 5'as ‘37102 3 Western' Pow 5155 A. 1009 2 Wheel St! Alas B 8973 i Sales in — FOREIGN BONDS. thoueane. d Berlin 65 L. 03 3 Buenos Aires 7135 102 10 Cent Bk Ger Sta 6s B 86 83 1Danish Cons 55 ... 95 95 10 Danish_Cons 5125 .. 99 99 27 Denmark, 4'as ...... 837 837 2 Estonia 75 20 " 90 5 Frankfort 6125 4% 15 Free St Prus_6s 7 Free St Prus 6 1 Gelsen Min 8 ...... §Ger Cons Mun 75 21 Ger Cons Mun_ s 22 Ger Pro & Cn 6'a: 6 Hamburg E 5ls ", 10Ital Superpow 6s 1% 82 19 Jugosl Sta Mor. Bk 75 8514 11Leon Tietz€ T's ww 10213 10213 2 Lombard Elec 7s A. 100 & Mendoza 7'as '51 2 Minas. Geraes 61ss 1 Mor BK Bokota 75 5Mor Bk Rogota 75 1 §Mor Bk _Chile 6s '3 1 Nippon Elec 6! 5Rio Grande 6 2 Rio Grande 1Saar Basin 7s ... A 2Sante Fe City 7Ts 1. 9514 1Sax 8 Mort Inst 6135 95 18ax § Mort In 7s '45 98! 20Serba Ts B . a5 16 Silesta_7s . 5 Stinn Hugo 75 6 Stinn Hugo 75 1Uni Elec Serv 10ni 8t 2 Warsaw d —F: 102 2 TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) Rate— Mafllflli" Bid, POTATO MARKET DULL. CHICAGO, October 5 (#) (United States Department of Agriculture).— Potatoes—Receipts, 198 cars; on track, 512 cars; total United States shipments, 1,214 cars; trading slow, market dull; Wisconsin, sacked, round whites, 80a 90; occasional fancy, shade higher: Minnesota and North Dakota, sacked, Irish Cobblers, 80a90; Dirty Zup, 75 sacked, Red River Ohios, 85a90; Sout Dakota, sacked, early Ohio’s, 80285; Nebraska, sacked, Irish Cobblers, 90a 95; Idaho, sacked, Rurals, 1.00a1.05; sacked, Russets, 1.25a1.50, ¢ | 000 to 15,400,000 reported last month. | FINANCIAL. COTTON PRICES DROP IN EARLY TRADING Market Opens Steady—Declines Follow Southern Selling Movement. By the Associated Press. NEW YORK, October 5.—The cotton market opened steady at a decline of 2 to 8 points, under Southern selling | and liquidation, promoted by a favor-| able view of the weather news and the | rather easy showing of Liverpool. ‘There was some trade buying and | covering at the decline, which caused rallies of a few points right after the call, but the demand was not active nd’ prices soon sagged off again. De- | cember sold down to 18.88 and March | to 1870, with the market showing net | declines of about 5 to 8 points at the end of the first half hour. There was a fair volume of business at the start, | but trading later was quiet, much of it being attributed to further evening- up in preparation for the Government | crop report of Monday. A private re- port issued today placed the crop indi- cation at from 14.200,000 to 14,700,000 bales, compared with a range of 14,500, Private cables reported a dull market | in Liverpool, but a fair turnover in cot- | ton cloths for India and the continent. Another private crop report made its | appearance during the middle of the| morning, placing the condition at 54.1| and the indicated yield at 13,827,000 | bales. These figures failed to stimulate | buying, however, and the market was rather easier during the middle of the day under further realizing or liquida- | tion. December sold off to 18.84 and | March to 18.68, or about 9 to 11 points net lower, and the market was within a point or two of these figures at mid- day. The average of crop estimates by 86 members of the New York Cotton Exchange is 14,150,000 bales, accord- ing 1o a canvass made this morning, the highest individual estimate being 14,- 850,000 and the lowest 13,750,000, CORN PRICES REACH NEW SEASON LEVEL Scanty Shipments Reported Western Markets—Wheat Starts Higher. in By the Associated Pri CHICAGO, October 5.—In brisk trading, corn ran up today to above season high-price records established hardly 24 hours before. Arrivals of corn in Western markets were reported scant, with demand un- usually urgent. Opening at l4al{ cents advance, corn later showed ma- | terial further gains. Wheat started 1,a7 cent higher, but subsequently re- acted. Oats were firm. Provisions also | had an upward trend. With various important market cen- ters in the West reporting inability to| find any old corn in their territory, Ohd with old corn being shipped back | West from here, sellers of corn future | deliveries found themselves at a decid- | ed disadvantage much of the time to-| day. In this connection, it was pointed | out as significant that feeders were taking new corn at prices much above | terminal market bids. Wheat gave evidence of sympathy with corn_market strength today, but failed to hold gains well in the face of rain reports from India, where pre- | viously drought has been so_ severe that wells and rivers throughout a large part of the country were dry- ing up. On the other hand, Canadian advices today told of frost damage be- coming more apparent as later fields are threshed, damage to quality and also 1o yields being greater than was | looked for. —and REALT I i i | Symbol of the richness, it makes Warm enough for | Let our experts you. EXCLUSIVE you are a]ways assured Tire and Rubber Co. Sales. NEW YORK, October 5 (#).—The General Tire & Rubber Co. sales for September showed an increase of 23 per cent over the same month last year and 10 per cent over August this year. The plant is at capacity production. ~ Acreage Wanted If you have land north or west in D. C.or Md., which is not ready for de- velopment, you can trade. Income-pro- ducing properties available. C. NIXON, 1518 K St. W. Main 9784, First and Second Trust Money Available On Homes, Apartments and Business Properties Prevailing Interest Rates Moderate Charges No Appraisal Fees District National Securities Corporation Main 2994. 1406 G St. N.W. \—’ REAL ESTATE LOANS 519, Homes, Apartments and Business Properties In District of Columbia and Nearby Maryland-Virginia 3-5-10-Year Terms Prompt Replies Randall H. Hagner & Co. (Incorporated) Decatur 3600 1321 Connecticut Avenue Mortgage Loan Correspondent New York Life Insurance Co. We Buy and Sell STOCKS BONDS Amer. Neon Light | Army & Navy C. Bank Brightwood | Beneficial Ln. F. H. Smith Boulevard Apt. Fed. Sec. & Mig. | Collateral Bks. Great Nat. Ins. Fairfax Apts. Int. Bank Fed. Sec. & Mtg. Int. Finance Investment Bl Mortgage Sec. Miller H. L. Co. Monarch Roys. Met. Club. Nat. Press Bldg. |Nat. Press Bldg. Our Home Life |Puritan Mtg. Real Est. Mtg. So. Consol. Gr. Roxy Theater Strauss, S. W. Wardman Mtg. |Smith Bldg. Va. Pl. Glass Wash. Hall Apt. Mehlman & Company 1319 F St. N.W. 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