Evening Star Newspaper, September 29, 1932, Page 15

f FINANCIAL, THE EVENING STAR. WASHINGTON, D. €, THURSDAY, SEPTEMBER 29, 1932. FINANCIAL. - = CURB SHARES SAG |["N. Y. CURB MARKET JUNIOR BOND LIST { BONDS ON N. Y. STOCK EXCHANGE Received by Private Wire Direet to The Star Offies. AT LOWER LEVELS) Prime Group Continues in 2 Upward Trend, However. New Highs Scored. BY F. H. RICHARDSON. Bpecial Dispatch to The Star. NEW YORK, September 29.—Junior bonds reacted after a strong opening today, paralleling the movement of the stock market following declines in com- modities. Meanwhile, however, high- grade bonds continued their upward trend unimpeded by outside factors. Forejgn dollar bonds were also strong. ! Opening gains ranged from !, point | in stasoned bonds such as New York Central debenture 4s, Great Northern 7s, Dodge Brothers 6s. Goodyear 5s, ‘Western Union 5s and Philadelphia Co. 55 to & point or more in highly specu- lative issues, including Erie Refunding 5s, Nickel Plate 51;, United States Rub- ber 5s, McKesson & Robbins 5128, In- ternational Telephone 5s and American & Foreign Power 5s. But the advances were nearly all converted into small net declines in later selling. In the high-grade market new highs were reached by the cream of the rail list—Atchison general 4s, Burlington 4155, Norfolk & Western 4s and Union sucfic nrsu as. Pnime uuny ponds pursued a like trend. The recent issues of Commonwealth Edicon. Peoples Gas. Brooklyn Edison and New Yorl were all in brisk demand at gcod p: miums, while older outstanding utility bonds, such as Detroit Ediscn 4'.s, American Telephon» 5s and many issues traced on the Curb also reached new | tops for the year. United States Government bonds were stcady. Money rates were un- changed. Peoples Gas, Brooklyn Edison snd New York Edison were all in brisk de- mand at good premiums, while older outstanding utility bonds such as De- troit Edison 4'.s, American Telephone 5s and many issues traded on the Curb also reached new tops for the year. United States Government bonds were steady. Money rates Were un- changed. TOBACCO PRICES GAIN IN CAROLINA MARKET By the Associated Press. RALEIGH, N. C.. September 29 (United States Department of Agricul- ture).—In comparison with last sea- son average tcbacco prices on the Middle North Carolina belt markets are materially higher. The percentage of increase was greatest in the lowest qualities and least in the better qualities. Average prices—Orange leaf B 4 F, 20.50; B 5 F, 1410. B 6 F. 9.70. Lemon lugs, X 1 L, 23.60; X 2 L, 20.50; X 3 L. 13.10. Orange lugs, X 2 F, 20.00; X 3 F, 13.90; X 4 F. 8.00. Sales were light at Oxford, lasting! Medium to low quaiity | about an hour. leaf and lug grade predominated. Sales were light at Smithfield in the new bright belt, but fairly heavy at Farmville, where offerings consisted ckiefly of medium quality leaf grades. A’ majority of the offerings at Smith- field was made up of the lower quality | leaf grades Average prices—Lemon leaf. B 3 L. 21.80: B 6 L, 9.00. Orange leaf. B3 F, B r 3 . Lemon lugs 0. eported by Chag. D. Barney te—Matu Bid SALES. ‘Washington Gas 5s—$500 at 100°;. Potomac Elec. Cons. 5s—$1.000 at 102. ‘Washington Gas 6: —$500 a2t 8915, ‘Washington Rwy. & Elec. pfd.—1 at 89. AFTER CALL. Washington Gas 55—$1,000 at 100'z, $500 at 100'... Washington Gas 65 “B' $200 at 101!, Potomac Electric 6s 1953—5100 at 107. Potomac Electric G5, pfd.—10 at 108’s. Bid and Asked Prices. BONDS. PUBLIC UTILITY. C. & P. Tel. of Va. 55 Capital Traction E. R. City & Suburban 3s.. Georgetown Gas 1st Potomac Elec. Cons. Potomac Elec. 65 1953 Wash.. Alex. & Mt. V Washingion Gas 4 Washingtc.a Wash. Gas 6s, series A Wash. Gas s, series 8 Wash. Rwy. & Elec MISCEL! Inc., 6'as. STOCKS. PUBLIC UTILITY. American Tel. & Tel. (9)...... twy The follow: merely repre: the Washinst Capital Lircoin (10). Metropoliten Riggs (15)....... Second (9e). Washington ' (8) TRUST COMPANY. Amer. Sec. & Tr. Co. (16). Natl. Sav. & Tr. (dt)... 0000 Prince Georges Bk. & Tr. (8) Union Trust (8s).... Wash. Loan & Tr. (14) SAVINGS BANK. Bank of Bethesda (65). .. m. & Sav.ngs (10)... gion (12). v. & Com. BE veath, Siteel (u) nited States (30) Wash. Mecaa B FIEE INSURANCE. American (12) " orcoran. (10) ationat Union (15} TITLE INSURANCE. Columbla (6h) Real Estate (6! MISCELLANEOUS. Col. Medical Bldg. Corp. (6). Dist. Natl. Sec. pfd - mer. Bromo-Selz (195350 2 a Securi Ter. Ref & Wh SEx dividend. o extra. Books closed. y2i3% extrs, extr . 47, extra. extr 5% extra. #1'2% extra. dison | 11.90; | "—$300 at 10112, | | UNITED STATES. Lib3%832-47. Lib 15t 415 32- . 10115 10223 103 20 96 30 98 7 101 100 29 100 22 10217 104 24 108 19 Sales High. 23 20 54. 434S 47-62.... Abitibl P&P 68’53 Ab& St 583 Adams Exp 4s’ Alleghany Cp 5'44. Alleghany 5s'50. .. Am Chain db 6s'33. Am F P532030.... Am 1GChb%s'49. Am Intl5%s’49... Am Metal 518°34. Am Sm&Ref 53 '47. Am T&T 4%s '39. . 1 18 6 1 Am T&T c tr 5546, 24 Am T&T deb 58 '60. Am T&T deb 5s 65. Am T&T 5%3°43.. Am Wr Pap 6847, Argentine 51562, Argentine 65’59 Ju Argentine 6s '59 Oc Argentine 65 A '57. Argentine 6s B '58. Arin & Co 43%8°39. Arm Del 53843 Atchison gn 4s ' Atchison 4% s "4 AUCL1st4 AtICLields Atl Ref db 533 Australia 4% Australia §s " Australia 58" Austrian 4 Austrian B& O 1514548 B&O4%s'33..... B&O 4860, ... B&O1st53'48.... B&Oref5s'95.... B&Ort s D2000. B&OTf6sC’95... B&OP&WV 43’41 B&OSwdv bs'50.. Ban & Aroos ¢s Belgium 6%s 49 Belgium 78 '56 Benef Loan 6s Berlin Cy El 6s'55. Berlin C El 6% 951, Berlin C K1 648'69. Ber mun ex 6148 50 Beth Stl pm 68 '3¢C. Beth Stl rf 5842 Brazil 6%8 Brazil 6%s 2 53 A'49.. Bklyn Man 63 A '63 Bkiyn UnGas5s'45. Bklyn Un Gas 58’50 Bklyn U Gas 55 '57. Buenos A R 65 '61 Buft Gen El 43%5'81 B R & Pitts 4348 '57 Bush Ter con 585§ Canada 4s'60. Canada 4%3s'36. 52 tRy 4%355 5869 July Can Nor 4148 °35. .. Can Nor db 614546 Can Nor deb 7s '40. Can Pac db 4s. Can Pac 4335 60 Can Pac 5844 ct! Can Pac 58 ‘54 CentGacn 5 Cent 11l E&G 58 ‘61 Cent Pac 1st 4549, Cent Pac 55 60 | Cen Ry NJ g Cert-td db 5 Ches Corp 55 "47.... 22 C&Ogen 415592, C&O4%s A3 C&Ocon 583 CB&Qgn4s” CB&Q4% CB&Qrfss CB&Q 111dv 4549, Chi & Est 111 68’ Chi Grt West 48'59. Chi Ind&L gn 55'66 Chi Ind&L gn 65'66 Chi M&StP 4133 E. C M&ESt P 4% 89, C M StP&P 63 '75.. NW 43849 Chi & NW 615836 Chi RI&P gn 45 '88. Chi RI&P rf 4534, ChiRI&P 4% ChiRJ 415360, CTH&S! CTH&SE in 55 '60. Chi Un Sta 4755 '63 Chi Un St 684 Chi Un Sta 6% C& W Inden4 Childs deb s '43 Chile 65°60. .. Chile 65 61 Sept. Chile 7s'42. .. Chile Cop db 55 ‘47, Cin Un Trm 58 2020 CCC&St L 4% sE ‘71 Clev Term 414 Cley Ter 515 Cologne 612 Colomb 68 Colomb 6s°61 Oct Colo & Sou 4148 '35 Colo & Sou 4138 '80 CE 58 ' Con G NY 5348 ‘45, Con Pwr Jap 8%s8.. Con Pow Japan 7s, Copenhag 5s Cuba 5158 '45. Cuba R R 6s'36. | Cuba Nor 534542 Del&Hud ref 4s 43 Del & Hud 5% 37, Denmark 413s '62. Denmark 518 ‘55 Denmark 6s D& R Gren 4536, D& RGr434s'36 D&RG W o8B D&RG W bs'78., Det Ed 4735 D '61.. Deutsche Bk 6s'32. Dodge Bros 6s°40.. Duquesne 4138 ‘67, DE15%s 63 Nov. Dutch East 1 65 '47 Dutch East I 63 '62 El Salvador 83’48 Erie con 45 '96 rie gen 45’98 e ref 5367 rie ref is Fiat deb T Finland 5 Finland 6s "¢ Finland 6138 ‘66 Finland 7s ‘50 Fisk Rub 8841, Fram 'nd 1%8 42 French Gov 7s 49 French Gv 7%s°41. Gelsenk'hen 65'34. . Gen Baking 5%38'40 Gen Cable 6% '47. Gen Motor! 7 Gen Th Eq Ger Cent Bk Ger Cen Bk Ger Cen Bk Ger Cen B Ger Gen 1 7 Ger Gov i i German 613 '50 German Ren 7 GoodHopeS&1 Goodrich 6s 45 Goodyr Rub 58’5 Grand Trunk 6s '3, Grand Trunk 75’40 Grt Nor 4%8 D * Grt Nor4%sB'17. Grt Nor 55 C*7: Grt Norgn 78 Lo Close. w112 10115 | 102 21 102 23 103 18 103 20 9623 9628 984 985 100 26 101 100 29 100 29 100 20 100 20 102 12 102 16 104 19 104 23 108 14 108 16 Low. Close. 19 19% 8714 87% 60 60 31% 31 1844 654 40 8% 80 2% 947k 10615 104% 103 103 1071% 42 509 89 88% 913, 95 981y 104 1023, 81 ' T9% RIAT& L4 Greek Hav Elec 5% 8’5 Hudson Coal bs Hud & M adi 58’6’ Hud & M rf 6s 67 Humble O1] 58 '37 Hungary 7%s"44.. 111 Bell Tell 85 '86. . 111 Cent ct tr 48 '52. 111 Cent rf 4585 11 Cent 4%,5°66... 111 CCStL&N 4%4s. 111 Steel db 4338 40. Inland St 4348 A'78 Inland St 434s B'81 J Int Rap Tr rf Int Rap Tr 6 .. Int Rap Tr 7s'32.. Int Cement 63 ‘48 Int & Gt N 5 Int&G Nad Int Match s 41... Int Mateh 68 °47 1 Int Pap ref 58 A'47 Int Pap 686 = Int Ry C A 83 Int T&T 4%s'52 Int T & T 58 '66. italy 7s ‘51 Italy Pub 78 '62 Japanese 5148 °¢5 47, 1 Int Tel&T 4358°39, 11 Japanese 6148 '54.. 23 Kan C F S&M 45’368 21 Kan C P&L 43861 10 2 Kan City Sou 3850, Kan City Sou 58’50 Kan City Ter 45'60. Kan G&E 4%s ‘80 Karstadt 6s°43. . Kresge Found 6: Kreug & Toll 55'59. Lack St15s A '50. . Laclede 51s C'53 Laclede 5125 D '60. Leh Val cn 45 200; Leh V cn 45 2003. Lig & Myers 5is Lig & Myers 7s Loew's 634 Lorillard 5s'51. Lorillard 7s"44. La & Ark 53 °69. LouG & El 5s A'52, L & N uni 4540 Lyons 6s'34. McKes& R5%« Manhat Ry cn 45'90 1 Market St7s A 40. Marseil'e 6324 Mex 45 ast 1910-4 Mex 58 A ast " Midvale Stl 5536 Milan 6148 '52. Mil E Ry&L 5s°C1. MK & Taqj 5 Mo Pac gn 45 '75 Mo Pacrf & a Mo Pac 5s H '80. Mo Pacbs1°81. Mo Pac 5143 A - Mobile-Ohio 5. Mont Pow 5s 43 Montevideo 6 Montevideo Nassau Elec 4 Nat Dairy 5% 53 B Nw S Wales 5s Nw 8§ Wal N Y Cent 45’42 N Y Cent 4598 NYCrf41s2013, 11 NYCrf4ts2013n 34 NYCrf5s2013... N Y Cent db 6s°35. NYC&SIL 15t 4827 NYC&SIL 415578, NYC&StL5%eA"T4 11 6 1 15 3 NYC&StL 1st 6s ‘32101 N Y Edison 5s B'44 N Y Edison §s C ‘51 NYFEArf6%s 1. Y NH&H clt 65°40 a Sh Md 5145 '50. Nord 6448 '50 Norf Sou ref Nor & Wn cn Norf&Wn div 4s'44 Narth Am Co 5s ‘61 Nor Am Ed 5s A ‘57 Nor Am Ed bs C'e9, Nor AmE 51563, N Ger Llovd 63°47. NorOT&L 6s'47. Nor Pac gn 38 2047, Nor Pac 4s°97. . or Pac ri6s 2047, Nor St Pw 51 A "41. Norway 58 '63. Norway 514865 Norway 6s 43. Norway 6s '44. Oreg- Wash 4: Orlent Dev 5138’58 Orient Dev 63 '53.. Pac GAE 6s'42...., Pac T&T st 55'37. Param-Pub 5%s 50 Paris Or 5348 '68 Pathe Exch 7537 Penn 448 D'$1. Penn cn 4%8°60. Penn gn 4%s ‘65 Penn 4%s D 70, Penn 42563 . Penn gen 568 Penn 61836 : Pean P&L 4% s ‘81, Peop Gas ref 5847, Peor & E Ist 4s'40. Phila Elec 4s e Paila & Read 68 49 Philippine R 4537, Phillip Pet 6% s ‘39 Pillsb F M 6543 Pirelll 78°52. PCC&StL 4143 C17 P& WV 43%5C'60. Poland 7s'47... Poland 8 50 Port Gn El 4% Por R Am T 68 Pos Tel & C 55 Prague 71gs '52. Orussia 63 Prussia 6158 '51. Pub 8y G 4%s Pure O1l 6% ‘37 Pure O11 5%s *40 Queensland 6s°47.. Queensland 7s*41.. Read Co4%m A ‘97, Reading 4% s B 97, Rem R 6% sA'4Tww Rhinelbe U 7 . Rhine West 85 ‘52, Rhine West 6s°'53. Rhine W 65 '55 Rhine West 7s Rich O11 Cal 6s "4 Rio de Jan 6155 '53. RioDeJan ext £5'46 R Gr Do Su; 65 '68. Rio Gr WV clt 4549, s34, Rome 6148 5 . Royal Dutch 4s '45. StL IM R&G 45'33. St L&SF 43 A "50.. StL&SF %318, St L SW 1st 68’ StP&KCSL 4 % St P Un Dep bs SanA&APds Sao Pau 7s *40. Sao Paulo 8s 'S Saxon P W 6% on 78 ‘45, Seab A Lrf 4 . Scab A L 68 A '45.. Serhs-Cr-81 78 '62. Serbs-Cr-S] 8s 62, Snell U 011 53 °47.. Shell U O 5s 49ww. Sinc 01l 6%s B '28. Sinc 011 7s A *37 Sine Cr 0 51338 Sine PL5s'42... Skelly Ofl 5%s'39. Sou Pacrf 2 6 1 26 15 17 waSe e e b i obei os ZERBrRabaNaonabe 2ERaa~alle 850 Sales. High. 15 26% 102% 62 587 89% 90% 2! 6% 96 100 85% 55 15% 13% 4% 12 26% 7 93 96% 102% 101% 64 104% 105% 84% Sou Pac 4%s'68... 38 59 Low. Close. 26% 25% 101% 62 58 29% 90 231 7214 564 561 4 75 94 987 85 50% 501 §55 24 95 113 10 49 40% 85 85% 4014 84 85'% 55 55 15 15% 12% 12% 47 48% % 26% 26'% 4 3 92! 955 9514 | 102% 102% 101 101 631 634 104% 104% 105 106% 82% 382% 5% 57% fup a point and other | ranged from steady to firm as demand | widened. AFTER EARLY GAIN Losses Held to Small Pro- portions—Coffee Break Affects Food Shares. BY JOHN A. CRONE. Special Dispatch to The 8 NEW YORK, September 29.—Leading stocks on the Curb Exchange moved slightly lower at midday today after opening higher. Trading, however, was only in moderate volume. In the public utilities, Electric Bond & Share was one of the few features. It moved within a fractional range. Cities Service was a trifle heavy, as was Standard Ofl of Indiana. Ford thare; were the most active in the motor group during early dealings. Brazilian reports of the collapse of the revolution around Sao Paulo caused a firming of quotations on Brazlian Traction and & steadler tone in Amer. ican & Fort Power warrants. Great Atlantic & ific Tea, following the 200-point break at the ing of the Coffee Exchange here, sold off slightly as the company is not only the world's largest retail grocery chain. but the biggest single buyer of Brazilian coffee. David Pender Grocery A shares opened up 83 points, but the B shares were unchanged. was steady. Swift & Co. higher. Quaker Oats preferred opened food shares Reports of a steady inflow of shoe orders benefited United Shoe Ma- chinery. Similar reports from the glass trade broadened des) in Pittsburgh Plate Glass. Among regular divi- dend declarations were those of New Jersey Zinc and Eureka Pipe Line. Vick Financial Corporation, one of the most active of trust shares in late transactions Wednesday, advised share- holders of a special m on Octo- ber 20, when it is to reduce capital by retirement of some shares based on the then value of the assets, with certain securities not included, and a continuation cof the company on a new_capitalization basis. the opening quotation of Tampa Elec- tric. Cutstanding in preferred shares was a rise of 3 points in Minneapolis Honeywell preferred. An early gain in Safety Car Heating & Lighting was orased in the third hour, but A. O. ! Smith Corporation retained its ad- vance. Taken 2s a group, public utility pre- ferred shares were the weakest section of the list in early afternoon dealings. | with such issues as Associated Gis & Electric $5 preferred, Empire Gas & Fuel $8 preferred and Illinois Power & Light 6 per cent preferred off 2 points or_more. Selfridge Provincial Stores attained a | new peak for the year as London cables | reported better business there. Al- though _silver metal prices were un- | changed, Bunker Hill Sullivan Mining yielded a couple of points. Mohawk Mining, because of a severe subsidence of the company's property in Mohawk, Mich., was compelled to suspend oper- ations, but the stock, always very in- active, did not reflect such news. New- mont Mining regained part of its initial 1oss. Wright-Hargreaves Mines reported 2 net of more than $1,000,000 in the firs. eight months, Gold shares, how- ever, lagged. New York Cotton Special Dispatch to The Btar. NEW YORK, September 29.—Cotton prices were 7 to 9 points lower at the opening of the market today. Trading | was active. | "Opening prices were: October, 7.8, | off 9; December, 7.26, off 8; January, * {7.30, off 7; March, 7.38, off 9; May, 7.46, off 8, and July, 7.53, off 8. R. F. C. OFFICIAL RESIGS. BALTIMORE, September 29 (Spe- “Icial).—Hugh Leich has resigned as + | treasurer of the Reconstruction Finance i Corporation and will return to his regu- lar duties as managing director of the Baltimore branch of the Federal Re- ,| serve Bank on Monday. He returns from leave of absence granted by the Federal Reserve Bank so that he might serve for & temporary period as first treasurer of the recon- .| struction agency, a post he has held since the corporation was formed last February 2. Mr. Leach was appointed man:ging | dircctor of the Belilmore Federal Re- serve branch last October, coming here frcm the Charlotte branch. MONEY MARKET. NEW YORK, September 29 (#).— The money market was dull and un- changed today. Call money on the Stock Exchange ruled at 2 per cent and call funds offered in the outside market at 1 per cent. Rates for time money and commercial paper were also unchanged. “Business replv envelopes” have just been introduced into Eng:and. Sales. Hign. Sou P 4%s ‘69 ww. 43 58! Sou Pac 4%s°81. 8 Sou P&OT 4148 A'TT Sou Ry gn 4s A’56.. Sou Ry gn 6s '56... Sweden 51 '54. Swiss 513846, Tajwan E P 5%s'71 Tenn Cop 6 B 44.. Tenn E1 P 63 A “47. | Tex Corp cv 58 °44. 16; Toklo 5s ‘52 Toklo 5%s Unit Drug 5s'563... 91 Utd King 6%s'37.. 21 U S Rubber 5s°47.. 20 UnSt W6lks AT, T UnSt W 6l%s A'S1. 16 Uruguay 6s 60 1 Uruguay Uruguay 8s 46 Utah P& L 5s'44.. 21 Utll Pw 58 '59 ww. Utll Pow 5%s 47.. Vanadium St 58'41. Vienna 6s 52 saw e West Sh st 4s 2361 West ] db G844 West Md i=t 4562, West Union 5561, West Union 55 '60. West Un 6%s ‘3¢ Westphalia 6s ‘53 W EOBY%s'37 ww., Wil & Co 1st 65°41. Wis CentTm 45 '36. Yokohama €3 ‘61 Yrstn S&T 55 A'78. Ygstn S&T 63 B'70. = Sl anmarG~ wom®o~E =3 - Swift International | pointed ! Smaller earnings were reflected in: Received by Private Wire Sale— meuw::all:‘:m Add 00. High. Low. Close. Aluminum of Amer650s iz 68 68% AlumnLtdcumpf. 1 35% 35% 36% Alum Ltd D wa 8% 8% 8% Am Beverage. . ™ T Am Cif P 5% 6% Am Com * Am Corp.... Am Cyanamis Am & For Pw war. AmGas&El ($1).. Am Gas& E pf (6). AmLt&Tr (2%).. Am Superpower. Am Super 15t pf 6. . Am Superpower pf. Am Ut &G B vte. .. Anchor Pcst Fence. Arkansas NtGs A. Asso Gas & Electric ASSOG&EAb5%. Assoc G&E pf (5).. Asgo Rayon... Asso Tel Utilities. . Atlas Utlitfes. . Babcox&Wilcox(2) Blue Ridge. . Blue Ridge c pf a3. Blumenthal (8)... Brazil TL&P (b8 %) Bunker Hill & S vtc Cable Radio T vte.. Canadirn Marconi. Carib Syndicate. Celanese pf (3%) Celluloid 1st pf. ... Cen Pub Serv Del.. Cent Pub Sve A . 8% 50s 37% 4 3% 4 29% 2 8 10 50s 18% Cent States Ele Centrifug Pipe 60c fes Service..... Cities Service (B). Cities Service p Col G & Ecv pf (5) Comwlth dis (5). Comwlth & Sou war Cons Gas Balt 3.60. Crocker Wheeler. .. Crown Cork Intl A. Deere & Co. De Forest R: Detroit Alrcraft. Dubllier Cond & R. Easy Wash Mch B. Eastn States Power East Utll Assocv.. Eisler Elec Corp. .. El Bd & Share b§% El Bd & Share pf 5. Ki Bd & Shaze pf §. Elec Pwr Asso(60c) Elec Shareholding. EmpireG&F 7%.. EmpireG&F3%.. Federated Cpempt 1 “isk Rubber (new) 13 31 Fisk Rub pfinew). 6 273 Florida P& L pf(7) 525 43 Ford MotorCanA. 6 Ford Motor Can B. 258 Ford M Ltd..... 1 Franklin Mfg pf 9 e e e B e B 100s 508 4 64 1 31 13% S0 Gen G&Ecv pfB h6.100s 14 Gen Pub Service pt 30s 40 GenTheatEqcvpf 3 4 * Georgia Pw pf (6).1008 71 704 Glen Alden Coal. .. 164 Goldfield Consol & & Gold Seal El new... 24 13 % Goldman Sachs.... 5 3% Grt A&PT n-v 16% 30s 152 GtA &P Teapf (1) 108 117% Hecla Mining...... 3 Holling Gold +70¢ Hudson Bay Min. . INP&LDL(S).... 50s Ins Co N Am (2) Int Petrol (1)..... Int Products Z Int Superpwr (50c) Int Ut B . Interstate Eq cv pt. Interst Hos (k6e). Italian Superpw A. Kirby Petroleum. . | Kolster-Br Am sh.. Lake Shore M 123, Lakey Fdy & Mch. . Lefcourt Realty pt., Leonard Oi1. . | Libby McNelil & L. Loulsiana L & Ex.. Maryland Casualty Merritt Chap & S. . Midl West Utilities Minn Honey pf (6). Mo Kans Pipe L... Mountain Prod 80c. t Bellas Hess. .. 104 2 Dairy pf A (7). 268 100 Food Prod B... 1 % at Fuel Gas (1).. 3 12% at Service........ 2 14 at Transit (80e).. 3 Nat Union Radio.. 1 Neisner Bros pf... 25s New Eng Pw pf (6) 390s 1 New Jersey Zinc 2. 4 | New OrPSpf (7). 258 Newmont Mining. . Y Shipbldg (new) N Y Steam (2.60). . Niaz Hud Pwr 1.20. Niag Hud (A) wars Nipissing.... Ohio Brass (B). Ohio Copper. 148 ny L T L L T & omS * 3% 8 ) 9y Market Averages By the Associated Press. oy E {2 EBafuaBlaacas SF226IBEBRARE Snbuoooaoan 20 20 20 Indus. Rails. Util. Total . 883 713 849 74 3 848 7 ow.' 19: Histi, 193 Low. 5 9 1833 913 966 92.6 (Copyright, 1932, Standard Statistics Co.) S2gaasse Apartment House 5y | COSL. Direct to The Star Office. Stock and Sale— Dividend Rate. Add 00. High. Low. Close. Pac GEEpf1.37%.. 1 21% Pan Am Alrways.. 4 26! Penroad Corp. ... Penn Mex Fu(k50c) Phoenix Secur Corp Pilot Radio Tube A Pitney Bowes b4 % . Pitts Plate Gls (1). Premfer Gold (12¢) Pub Uti) H1d war. Pub Utll Hld Pyrene Mfg Quaker Oats pf (6) 10s 106 Rainbow Lum B. Reliance Int A. Root Refining Safety Car H & Lt. 3758 39% St Regis Paper. 13 % St Regis Paper pf Salt Creek Consol. . Salt Creek Prod (1) Sec Allied Cp(k25c) | Selected Industries Selfridge Prv Strs.. Shattuck Den Min. ‘Shenandoah pf. Silica Gel ct. . South Penn Oil (1), Southland Roy 20c. Stand Oil Ind (1)... Stand O1l Ky 1.20 Stetson (J B) Strook & Co. ...... Stutz Motor Car. Sunray Ofl. Swift & Co. Swift Intl (14}, Tampa Elec 2 24. ech Hughes (60c) | Tobacco Prod Del. . Trans Air Trans Unfon Am Invest Utd Dry Dock. . Utd Elec Service. | United Founders. .. Urited Gas. United Gas war. Urit Lt&Pwr (A) Unit Lt & Pwr pf Unit Shoe Mch 214 U S Elec Pwr ww. |UtlP&LL.. Utllity Equities Van Camp Pack Van Camp Pak pt Walgreen Co...... Willow Cafeterias. . “Y”Oil & Gas..... Dividerd rates in dollars based | auarterly or sem- ymen| cludend. tpartly extra SPlus 45 aPayrble in cac) o aPayrble ln cach or stock Pl 213 % on t 214 % iast *Ex in’ stock. stock. D Paid last year—no resular rate. Retail Store Stock;. NEW YORK, September 29 (Special). | | —Stocks c¢f all merchandising com- | panies have been in better demand in | connection with the expanding volume |- “01 retail trade and evidences that the public is beginning to feel that present prices for go>ds are low and that the day of great barzains may rapidly be | coming to a close. The shares of the retail stores and of the national dis- | tributors of merchandise have been un- der accumulaticn for several weeks. The fact that none of these companies re- | cently has disturbed dividend payments has had a good effect on buyers' senti- In a number of cases stocks whose dividends have been reduced or passed have since advanced to the high- est level of the year. A case in point is Associated Dry Goods preferred, which | has more than doubled in market value s | since the dividend was suspended. LIFE INSURANCE SALESMEN | Are Not Born they are trained and made by us without Address Box 40-R, Star Offi $200.000 WABHINGTON SUBURBAN SANITARY DISTRICT MARYLAND FIVE PER CENT BONDS (Guaranteed by Two Counties) Bealed Bids for the purchase of Series “Z" of the Washington Suburban Sanitary District Bonds, issued under the authority >t Chapter 122 of the Acts of the General Assembly of Maryland of 1918, and Amendments thereto, in the sum of 3200.000 bearing 5% inferest, payable semi-annually and dated October 1, 1932, maturing in fifty vears, redeemable in thirty years. will be received by the Washington Suburban Sanitary Commis- sion at its office in the Tower Building. ashington. D. C. on or before 3 o'clock P.M. on Wednesday, OCTOBER 5. 1932, —at which time they will be publicly opened and read. Proposals should be inclosed in & sealed envelope and marked “Bid on Bonds." and filed at the office of the Commission before the time above mentioned. These bonds carry all the exemptions as to taxes of Maryland Municipal Bonds and are guaranteed uncondition- ally as to both principal and interest by Montgomery and Prince Georges Coun- ties by indorsement on each bond. The approving opinion of Messrs. Mas- slick & Mitchell. attorneys. of New York City. will be furnished to the purchaser without charge. Application has been made to the Public Service Commission cof Maryland for the approval of these bonds. A certified check for $2.000 must ac- company the bid. The Commission reserves the right to reject any or all bids. Circular on request and bids must be submitted on information contained therein. WASHINGTON SUBURBAN SANITARY CCOMMISSION T. HOWARD DUCKETT. Chairman. EMORY H. BOGLEY. J. DONALD CLAGETT, Commissioners, 804 Tower Building. 14th & K Sts. N.W, Washington, D. C. PROPERTY MANAGEMENT MANAGEMENT UR intimate knowledge, ac- quired by long experience, rendefs c.r property manage- ment department exceptionally efficient. Its service is offered you in connection with the management of your apartment house properties and will assume all details of operation, with careful supervision of overhead, to the end that your net profits will reach the maximum. Consultation without obligation; service renderad for nominal fee. B. F. SAUL CO. 925 15th St. N.W, MORTGAGE NAtl. 2100 L&ANS n’ stock o Payabie in ! 21% 21% | 261 2611 3 3 ‘ New York Stock Ezchange ! Washington Stock Ezchange New York Curb Ezchange (Associate) MEMBERS: 719 Fifteenth Street MEtropolitan 3116 FIRST MORTGAGE NOTES Secured on resi- dences and income- producing proper- ties in the District of Columbia— ... Safe . . . Profitable . . . Convenient Permit us to offer our Jacilities for the placing of your investment funds. H. L. Rust Company 1001 Fifteenth St. National 8100 BUILDING that stands pre-eminent in the many advantages it offers the pro- fessional man or business firm of the better class. Tower Building rentals are reasonable . .. Suites in small or large units are available. If desired rooms will be partitioned or fin- ished to meet individual requirements. H.L.Rust Compan 1001 15 St.N.W. NAt1 8100 or Rental Representative on Premises DEPOSIT BOXES, at ! Every One Can Help Speed-Up Prosperity ...We all are interested in reviving business. ..bringing back prosperity. . .and giving every man and woman a job. £All can help by practicing the ways of Thrift...Wise Spend- ing, Judicious Investing and Consistent Saving will hasten the cure of the nation’s economic ills. {This sixty-six-year-old bank is backing the thrift efforts of an army of over 56,000 depositors. ..safeguarding their cash oa .Paylng interest on their money...affording friendly finan- cial counsel, when desired. You are invited to become a de- positor, THIS PAY DAY. ominal Rentals Depositors Interest Paid on Checking and Savings Accounts Open Until 5:30 P.M. Friday, Sept. 30th ' DIRECTORS: . ELLIS H. PRESCOTT GATLEY WILLIAM D. HOOVER WALTER BRUCE HOWE S. HUIDEKOPER R _KAUFFMANN 87{ SON WILLIAM H. WALKER WILLARD Asst. See: 3 P. SAVAGE....Audi.or HARLEY P. WILSON National Savings & Trust Co. 66th Oldest Savings Institution in the District cf Columbia Year Cor. 15th and New York Ave.