Evening Star Newspaper, August 2, 1935, Page 15

THE EVENING STAR, WASHINGTON. " D.- ., FRIDAY, 'AUGUST 2, 1935. FINANCIA i A—15 FINANCIALS ) 2 ; . s J : e e — e, = BONDS ARE MIXED IN FINAL TRADING Utility Group Goes Higher, but Rails Falter and Close Lower. B the Associated Press NEW YORK, August 2.—The bond market showed an irregular close to- day. Utilities moved ahead as a L RToup, but rails faltered and closed generally lower. Industrials were uneven. U. 8. Gov- ernments ended 2-32nds of a point | higher to 3-32nds lower. Prominent among the gainers in the power division were loans of Ameri- can Water Works, Tennessee Electric Power. American & Foreign Power and Detroit Edison Selling in the carrier division in- creased in the late trading. Issues losing ground ircluded Baltimore & ©Ohio 6s and Southern Railway 5s. Washmgton Exchange S:\LES. Anacostia & Pot. R. R. 55—81,000 at 94 AFTER CALL. Capital Transit Co.—30 at 197, (Correction by exchange: The sales printed vesterday. Washington Gas 6s B. $600 at 103',, $400 at 10314, should have read, $600 at 103!, $400 at 103'2) and Asked Prices. BONDS. PUBLIC UTILITY. B Amer_ Tel. & Tel 4'us 108 & Tel Col. Tr. 3 STOCKS PUBLIC UTILITY. Amer & T Capital Transi: gton z Amer Sec & Tr Co (%) Natl Sav = Wash. Loan & Com. & Bavines FIRFE. INSURANCE 0 - 138 Corcoran (2.50) a0 Piremen's _(1.60) 30 National Union « 80V -2 113 TITLE INSURANCE. Columbia (30)___ ______ Real Estate () MISCELLANEOUS Carpel Corp. (1.60)_ Lanston Aonotvpe Mergenthaler Peoples Drus S Rl Bet M. & G Security 5 & Wh. Corp Lot (i1 fd. 7 American Earnings Reports Br the Associated Press. NEW YORK, August #on earnings statements today included Canada Dry Ginger Ale. Inc.. June quarter net loss $85.810 against net 9 announced 4 income of $60.871 in previous quarter L ‘MONTR! ‘tures elosed steady. unchanged to 10 lower. Bales 47 contracts. and net income of $139.242 in the June quarter last year United Gas Corp. and subsidiaries, 12 months ended June 3G, net income $4,280,660, equal to $1.28 a share on first preferred stock against 53.-] 830,388 or 77 cents a share on second prererred in mecedmg 12 months GENERAL FOODS SALES OFFICIALS ARE NAME Epecial Dispateh to The Star NEW YORK. August 2.—Election of & new president and three vice presi- derts of General Foods Sales Co., Inc., ! is announced by Clarence Francis, executive vice president of General Foods Corp. Austin S. Igleheart, vice president | of General Foods Corporation in charge of sales and merchand1<1ng| succeeds J. F. Brownlee, resigned. s | president of General Foods Sales Co.. Inc, while C. Lawton Campbell, Cur- | tis H. Gager and Charles G. Mortimer, Jr. become vice presidents of the sales company | The three latter'men. together Mlh‘ Carl Whiteman and J. K. Evans, who ! continue as vice presidents of the | sales company, will each be responsi- | ble for the merchandising of a dif- ferent group of General Foods products. CONSUMPTION OF WOOL | IS HIGHEST SINCE 1923 By the Associated Press. NEW YORK, August 2.—Interna- | tional Statistics Bureau, Inc., estimates | wool consumption for the first half of | this year at the highest level for any | corresponding period since 1923. It names 319,700.000 pounds, grease equivalent. an increase of close to 120,000,000 pounds as compared with | the consumption in the first half of | 1934. | TECHNICOLOR REPORTED | FORMING BRITISH UNIT By the Associated Press. NEW YORK, August 2.—Techni- color, Inc., it was reported today, has organized a new British subsidiary | with a capital of £320,000. The plan ealls for construction of a plant in London equipped with facilities to print moving picture films by the | Technicolor process. BALTIMORE STOCKS Bpecial Dispatch to The Star. t 2 BALTIMORE Augus 308 Arundel (Gorp_—_ 50 Atlantic Coast 1 43 Black & Decker P Fei Balt bt 32 canwl fish. =] 5= e iz Seses%s 9vy ww. 10% FEEE mster Cas. . 80 U°S AG'E Guar- < BONDS 2000W B & A 5s otf__ MONTREAL SILVER. EAL August 2 (¥.—Silver 5% 5% e fu- Asked —Corpora- | | Norway 5s 63 J Norway 6s 43 | Norway 655 | Allied Stor By private wire direct to The Star. Approximate Transactions Teday. U. 8. Gov't Bond $ 640,000 Koreign Bonds 1,010,000 Domestic Bonds.. 8,430,000 Li BERTY. Low. 4th 41{s1933-38_ 101 H 10112 TREASURY. 2% % 1955-60 - 10120 10118 38 1946-48 -- 10328 10326 38 1951-55 1044 1042 3145 1946-49 1052 1052 $1949-52 1 105 1051 | x%u 1941 108 26 10826 10826 1,5 1944-46____ 10617 10613 106 16 4s 1940-43 June 108 23 10823 10823 z--.s 1941-43 Mar. 108 25 10825 16825 107 27 10727 10727 \mns 11018 11018 1121 Close. 10113 10178 10328 1042 1052 ,1.:4 15194851 | 4145-3%5 8 1943- 11».1'1 10621 106 21 |ers1947-52____ 117 117 n7 | FEDERAL FARM MORTGAGE. E 10116 101 10217 10215 10216 | | HOME OWNERS' LOAN. | 2% 8 1939-49 1013 101 1011 - 10212 10210 10210 FOREIGN BONDS. Bien. Low. Clece. Abitibi Pa&Pw 5853 29 28% Adriatic kL 7 s:u, Antioquia 7s 45 D 9 | Antioguia 1st 78 '537__ Antwerp 58 ‘58 99 991, A\n,emmea,gi 6. o 94b, | entine 6s” 971y 9% | arg 4 971y | g 3 97 96k ! Argentine 6: 961 Argentine 6s ‘60 May 9614 Argentine 65 '60 Sept 965 Argentine 65 60 Uct 965 Argentine 6s ‘61 Febr 967 Australia 4} Australia 5s 25 Australia 5557 Austrian 7 Belgium 7s | Belgium 7856 en City 5s 49 Berlin 6558 Berlin 6143 50 Berlin Bolivi Bolivi Brazii Brazil 6335 2757 | Brazil 8s 41 Brisbane is 37 Budapest 65 unmat couon ___ Buenos A C 65 ‘60 Ap Bu A C 6560 Oct Bucnos A 65 61 st v BuenosA6 iz s 61stPv Buenos A C 628 ' Canada 43 ‘60 Canada bs'52 [ Caldas 718 ‘46 Chile 65 Chile 65 | Chile 63 6 | Chile 6s | Chile 65 '6 631: 63 9 9 B 8u 103% 103% 96 96 11 110t 1075 107 “hile Mtg Bk 6s'61__ ‘hile Mtg Bk 65 '62 *hile Mtg Bk “oiombia 6s ‘61 Uet _ openhazen 413s 53 Copenhagen bs a2 “openha 5 Dominic 2d 3.5 40 Finland 6%8 96 | Frankfort 6%s "5 Ger C Bk A 6338 Ger C Bk Abs'6v July Ger C Bk A 65760 Oct Ger Gqv 5.8 65 Ger Prov & City Bk con Ag 6%%s 38 __ Ger Rep is'4y GrtBr&Irb¥%s GriC ElJap is'44 |H,m| 6352 Hamburg St 65 '46 6s 39 ww 40 30% 11245 1 95 91 24 400 24 10 40n 6612 Hansa S i laly is'51 ! Ital P U Crd 7852 | Japan 6135 ‘54 Karstadt 6s 13 cfs Kreu&Toll 55'5A cfs Lombard E1 7s ‘52 Medellin 815 ‘54 Merid Elec 7857 A __ an 6125 5 Mlnafl Gers 6%s i Sept coupon off _. | Minas Gers 6%s '59 Sept ¢ vmpmv oft | Montecating 7s ' Monrevideo 6s '59 New So Wales bs ‘57 New So Wales 53 '5 101% 1014 1013 101% 101% 1017 - 106% 106 - 106% 10575 1021 1024 81% 81y 847y Norway Norway 6s 44 1024 Oriental Dev 5% 811 Oriental Dev 6s 53 ‘63 Pirell Poland Prague Gtr 7135 '52 Prussia 6s 52 Prussia 6%s ‘51 Queensland 65’47 Queensland 7s'41. Rhine W El P 68’52 Rhine W EI P 6s Rio de Jan 628 '53 Aug coupon off __ Rio Gr do Sul 65 68 June coupon off __ Rio Gr do Sul 75 '66 May coupon off Rome 628 '52 Rumania 7s ‘59 Aug coupon off 108% 110 324% 32% 10814 110 3% 32% 1 <nnu F Arg 78'52 stp o Paulo St 7s ‘40 i Sao Paulo St 75 56 Sept coupon oft _. Sazon Pb W 6%s '51. Saxon St Mtg 7s 45 Serbs 8¢ 62 unm ¢ on Sydney 5%s ‘55 Taiwan Elec 6348 71, Tokio 5%s ‘61 Tokio El Lt 6s'53 ... Ujigawa £ P 7845 Uruguay 6s ‘60 Uruguay 83 46 Vienna s ‘52 Muy co Warsaw Westphal Yokohama 68 ‘61 851 85k DOMESTIC BONDS Abr & Straus 5%s "43 102% 102% Alb Per W P 6s 48 _ 46l 46% Alleg Corp bs 44 7 7 Allez Corp 5s 49 . 65% 64% Alleg Corp 5s'50stp 14 14 438 50 94% 94% Am & For Pw 6s 2030 75% Amlcecv5s'53 . T54 Am |1 GCh 5%s 49 Am Int] 6% 49 Am Roll Mill 434849 Am Smel' & R bs 47 AmMT&T 438 39 Am T &T cl tr 6546 Am T & T deb bs Am T & T deb s 66 AmT & T hlos 43 Am Wat Wks bs 4‘ Am Wat Wk £ Am Writ Pap 6s 41 | Ann A 1st ex in 4s'95 Armour & Co 4%s ‘39 Arm of Del 5155 43 A T&S Fe 45 05-66 _ A T&S Fe gn 48 ‘85 Atlanta & Bir 4s "33 Atl & Char AL 58’44 __ At Coast L Ist 4s 52 | Atl Coast L clt 48 '52 At1C L un 4%s '8¢ Atl Coast L clt 65 45 Atlantic&D 1st 4s 48 Atlantic&D 2d 45 '48 AtIG& W 165 59 B&O Ist4s'as _ B&O4%s'60 B&O 1stbs 48 ____. 5 T2 1075 106% 106% 0 70 694 69 6815 69y 8 78 Net change . ‘Today's close Previous day . Month ago - Year ago 1935 high 1935 1934 1934 1932 1928 ‘Today's close.. 109.9 Month ago. 1935 high.. 1934 high 1928 high 993 991n 8613 106 109% 1024 118% 1 B&O PLE&W V 45’41 B & O Swn 5s'50 B & O Toledo 4s 59 Bang&Aroos 4s ‘51 Bang&Aroos cv 48'51 Bell T of Pa 5s'48 B_ Beneficial L 6546 Beth Stl p m 68 '36 Bos & Me 4% Bos & Me 55 Bos & Me 58 '67 BosN Y ALd4s Bot Con M 6'3s'34 Bot Con M 618’34 ct BklynCy RR us 41.. | Bklyn Edis 58 52 E__ Bklyn M T bs 49 A | Bklyn M T 6368 A Buft R&P con 48 '57 Bklyn Un Kl b8 '50 __ Bush T Bldg 5560 _ By-Prod Ck 5%s ‘45.. Camag S 7s"42ctfs __ Canada Sou s 62 | Can'dian Nt R4 Can‘'dian Nt R414 Can'dian Nt R4 | Can'dian Nt Can'dian Nt Can‘dian N db6 3546 Can’dian Nr db 7s ‘40 Can'dian Pc dbisperp Can'dian Pe 415846 Can'dian Pe 4%s ‘60 | Can'dian Pc 5 | caroc1& 05 Caro C1& O 68752 | Cent 111 £ & G 58 51 Cent of N J gen bs 87 Cent Pac Ist rf 4s'49 Cent Pac 5= ‘60 | Cent P Th Sh L 45'54 Cent Steel 85 °41 | Certdden 51548 _ Chesap C cv ¢l b3 ‘44 Chesap Corp 5s '47___ C&O gen41ys 92 |C&oans9s B Chi & Alt ref 3549 _ |ChmB&Qeen 4-153, 101% 101 8813 « 102" 1107 447 107% 10712 104 Chi Grt W 4559 Chi Ind & So 48736 __ | CM&SIP 4s 89 (‘\l&\[P gEn4':8'89C | CM&StP 4325 89E | Ch&stP 5515 CMStP&P ads 58 2000 “hi & NW 43 49 | C&NW Nr W 6%s'36 ‘(m RI&P gn 4888 _ | Chi R 1&P rf 4534 | Chi R 1&P rf 4534 cf CR I&P 415 3 & |CR 1&P 412852 ctfs Chi RI&P 412860 __ Chi T H&S 15t 5560 I(,hl T H&S inc 58 60 | Chi Un Sta 4563 = | Chi& W I con 4 |Chi& W 1515862 Childs & Co 5s ‘43 | Chile Cop deb 55 47__ ! Cin Gas El 4s 68 A __ Jn Ter 58 2020 B tL C div 4s ‘39 | CCC&SL gen # CCC&StL rf 4%8'T7E CCC&StL rf 5363 D Clev Un Ter 4%8°7 Clev Un Ter 5 | Commml G & Edeb | © as°52 Aprit Columbia G & B 5852 May | Columbia G&E 5561 | Col R P L 1st 4157 Com Inv T 5%8°49 Con Conl M rt 58 ‘50 €on Coal Md 5¢'50 cfs Con Gas N Y-4%s 51 Con Gas N Y 53’57 Con G N Y db5%s45 Container deb 5843 . Crown Will P 6s 51 Crown Zell 65 "40 ww Cuba R Rref T%s ‘36 Cumb T & T 5837 , - | Del & Hud ref 4s "43_ Den & RG en 4s 36 {|Den& RG W bs * | Det Edison 41as’ Det Edison r Det Edison 5s 52 Det Edison rf 5 | Det&Mac 1st 45 Dul S S & At 5s'37 Dugu Lt 1st 4%s 67 1041, 13 10314 1087 , 100 Erie gen 4596 __. Erieref 58'75 _ Erie & Jersey 68 '55 _ | Fed Lt & Tr 58 " Fla EC Ry b ¥Fran Sug 7 Gannett 6s°43 Gen Am Inv 58 '52 Gen Cable 5%s 47 Gen Steel C 5% Gen Thea Eq 6 Gen Th Eq 6s '40 cfs. Goodrich 6s '4b Goodrich 6%s 47 Goody'r T&R bs 51 - Gr Tr'k of Can 6 Gr Tr'k of Can 1s " 40 GUN Rref 4% Gt N Rgen 4% GtN R gen 4138” GtNRgenbs'73C.. Gulf M & N 6s 50 Gulf Sta St1 5%s '42. Houston Oil 5%s '40_ Hudson Coal bs 52 _. Hud Co G 1st 58’49 _ Hud & Man ine bs ‘57 Hud & Man ref bs 57 111 Bell Tel 63 56 111 Cent col tr 48 '5: 11 Cent ret 4s ‘55 Il Cent 4% s 6 11 Cent ref 5s ‘55 ICC&StL NO4%s'63 ICC&St L NO 68 '63 111 Steel deb 4445 40 Intand St) 4%8 18 Iniand St 4% int RT 1=t rf 1R T 1st ref 58°66cls Int R'T 6s 32 Int R T 6s "32 etfs Int RT 7832 _ Interiake 5s°51 int Ag col 55 "42 stp. Int Cement 58 '48 _ Int Gt Nor 68 '52 A_ Int Grt Nr 55’66 B int Gt Nor adj 6s'52A Int Hydro E) 8344 __ Int Mer Mar 6841 IntPaviet iz 7474 Int Pap ref 6s Int Rysof C A ll e Int T&Tcv 4%s739. IntT & T 4%s 62 IntT&T 6s'66 Inv Equity James F&C48'39 . KanCFS& M 4s'38 Kan C Sou 1st 35 ‘50 (l(‘ncson ot -s-. Ke: ullnfi- 48 ww Ky&ind T 4258 61 Ky&Ind T 4%8 61 st Kings County EI&Pw pur mon 6& '97 County Elev 10215 102% > 20 Rails. —2 819 821 823 85.0 878 6.4 89.4 45 458 - 1011 10 Low-Yield Bonds. (*) New 1935 high. Compiled by the Associated Press. 98% 105 65 v 101% | 112% 1060 971 0 79 90 981, S0z 531 107 111% 26 A5% 1063 105% 105% | N 212 104% | A 101% 109% «| Nor'n Pac 4 10412 13 10 Indust. +.1 *99.1 10 Previous da; Year ago. 1935 low 1934 low 1932 low Laclede Gas 5839 __ Laclede G 5%8°53 C. Laclede G 5%8 60 D_ LE& Wn 1st 5337 Lake S&M So 31:8'97 Lautare Nitr 6s 54_ Leh Val Coal 55 '54._. Leh Val Coal 55 '64_. Leh Val Coal bs ‘T4 Leh Va) Har bs 54 | Leh v Pa con 4s 2003 LV Pa con 4%s 2003 Leh V RR con 55 2003 Long Isl ref 4549 Long Isl unif 4s'49 Lorritlard 7g ‘44 La & Ark 53 69 LouG & E 585 L & N unif 4s 40 L& N4 003 C. N B 3B L&) 2 M'Cro'ySs4s'41 filed McKess & R 59 '50. Manati Sugar mod T1.8'42 ctfs Manhat R 4s'90 Manhat R 4s 90 ct Marion St Sh 6s 47 Market St Ry 78°40 A Mead Co 68 '45 Istrf 433’68 Midvale S&0 55 Mil ER&SL5s Mil E R&S L rf 58'71. Minn & S L 5s'34 efs MStP&SSM 548 Mo K & T 1st 43 '30 MoK&T4s 62B MoK &T5s'62A _ Mo K & T adj bs '67 Mo Pac 4575 Mo Pac 5s '65 A_ Mo Pac 53°77 F_ Mo Pac s '80 H. Mo Pae bs 81 L | Mo Pac 5%s 49 A Mont Cent 6s '37 Mont Pwr ref 53 43 Mont Pwr 58’62 A Mor & Esx 3%s 2000 Mor & Esx 418 '55_ Mor & Esx 53’55 Muiray Body 6%s 42 Nassav El 4s 51 gtd. Nat Dairy 5%49°48 __ Nat Dis PC4%s'45._. Nat Steel 45 New E T&T New Or GNR § New Or P S bs \ew Or Ter ]l! 48'53 N Y Cent 3158 °97 _ NY 2 \ Y uenl con 4s . N Y Cent rf 435 2013 NYCrf4%s2013n Y Cent ref 5s 2013 Y Centevés'as _ i YCLSh3%s'98 _ NYC Mich C 31538 "9 NYC&StL 4% NYC&StL 5% - NYC&StL 1st 63 '35 N Y Conn 1st 4%s'53 N Y Dock 1st 4551 | N'Y Dock 58 38__ N Y Edison 5= '51 NY Edisref 614841 N Y & Green L 5846 NYL&W 1st 4s°73 NY NH & H 4847 __ NY NH & H 4= NYNH & H 3% H&H 4s 57 NH& H 4%s .. | N Y O&W gen 43 55 | N Y O&W ref 4592 N Y Rys inc 63 65 | N Y S&W gen 5540 _ S&W 1=t rt 5537 Steam 1st 58 '51_ Steam 1st 6547 Tel gen 4%s 39._. YWaB4L Niag L&O P Niag Sh 5% | Norf&W 1st 45 96 | North Am Co b8 61 _ North Am Ed 55’57 A | North Am Ed 5569 C NornOT& L 6s'47 Nor'n Pac gen 3s 2047 Nor'n Pac 4s°97 _ 2047 | Nor'n Pac 552047 C_ | Nor'n Pac 55 2047 D.. | Nor'n Pac 65 2047-. | OzdenL.C 0Old Ben C ll\'fl‘ld - | Ore RR & N 45746 _ Ore W R R & N 4861 Otis Steel 63 '41_ Pac Coast 55 '46 PacG & E bs 42 Pac RR Mo 1st 4538 Pac T&T ref 58 '52 Pan-Am P C 68'40ct Par-B'way 53851 ct Par-F-La 6s°47 cfs Par-F-La 6s '41 filed Par-Pub 51s 50 efs Par-Pub 53%s ‘50 filed Park-Lx 612s 53 efs_ Penn Dixie C s '41 _ PennO& D 4 Penn R R con Penn RR4Y%s'81D. Penn R R 438 '8¢ 1 Penn R R gn 41865 | Penn R Rdb 4%8°'70 Penn R R 55 ‘64 h Penn R R gen 5s '68 .. Penn R R 6% 31 Penn P& L 4%s Pere Marq 1st 4s '56_ Pere Marg 4%s'80 _ Pere Marq 1st 58 ‘56 _ Phila B&W an,s'll Phila Co bs "67 | N NY NY NY NY NY N | Phila B Co 4= 11 150% 150 150% 1024% Phila& RC&16s'73 Phila& RC& | 6s 49 Philippine Ry 4s 37 Phillips Petr 6% s '39 Pillsbury F1 M 68 "43 PCC&StL 4%s 17 C. PCC&StL 68 '75 B Port Gen El 4%s ‘60 Postal Tel & C 58 '53 PubSEI&G4s 1 Pub S El & G 4%s '67 Pure Of; 648 40 Purity Bak 68 '48 _ R-K-O6s 41 _ _ Reading Jer C 48 ‘51 Reading R 43%s '97 A Rem-R 6% 8’47 A ww Richfield Ofl RG W Istex in ds fl R1A&L 1st 4%s'34_ Rutland Can 4s 49 Shell Un Oil 58 47 Sierra & SF P 58 49 sinc Con O llaa ‘388 ne Con O 8o Colo Pwr 68 47 A 10 103\, 100 18% 607y 10234 1024 103% 1035 4% 6% 6 8 105 102% 113 101 101 108% 100 Util. Por'gn 101% TR 102Y 10013 13 70 645 BONDS ON NEW YORK STOCK EXCHANGE BOND AVERAGES Bo Paccol 43'49__. So Pac ret 4s '56. s 94 _ So Ry gen 68 5| So Ry 614866 SoRY M & O 4s Stand Ofl N ¥ 475 1 Stevens Hotel 68 '45.. Studebaker ev 6s "45. Bwift & Co 3% Tenn C&C 65’44 B _ Tenn El Pw 6847 A_. Term As St L 45’53 __ Texarkana 6%s '50.. Tex Corp ev bs ‘44, Tex&Pac 15t 58 2000 Tex & Pac bs 17 B Tex & Pac 58'80 D Third Av ret 48 '60 Third A ad in ex 65860 Truax T C 6%8'43 __ Trumbull Stl 6s'40__ Un ) L&P 5857 _ Un Pac 1st 45 '47 Un Pac 1strf 4: 2008 Jn Pac 4% " Unit Drug 6s 'n U S Rubber 5s '47 Utah L & T 5844 A Utah P& L 5s 44 _ Util P & L 5359 ww_ Util P& L b%s 47___ ~ | Vanadium ev 58 ‘41 104 10415 130 4 1 107 102 105 105 31y 1034 » 100 58 871y 955 107% 107 108 9314 10215 98, 99 93'% | Ver Sug 1st 7s'42 cfs | va E&P 1strf 55’55 A Va Ry 15t 58°62 A Va8 W con s 38 bash 4%s ‘78 Wabash 5576 B | Wabash 5580 D _ | Wabash 1st 58 ‘39 Wabash 2d 5s'39.. Wabash 5%s'75 Walworth 6545 A Walw'th 6145 '35 ww Warner Bros cv 6s ‘39 Warner-Quin 6s'39 _ Warren Br v 6s'41_. WPaP4s'61H ____ | W Sh 1st 45 2361 gtd. West'n Md 1st 4s ‘52 West'n Md 515877 _ | West'n Pac 5346 A | Wesr'n Pac 55'46 A as West'n Un 414850 West'n Un cl tr 5s’ West'n Un 58 '51 West'n Un 55 West'n Un 6 | Wheel Sti 55748 A W Sp Stl eon 7s '35 ¢! | Willmar S ¥ 5s°40 _ Wilson&Co 1st 65 41 | Wis C1stgn 4s’49 ct | Younztn S&T 570 B 99 Youngin S&T 5578 A 99 New York Cotton By the Associated Press NEW YORK, August 2.—Business in cotton was quiet with fluctuations ir- regular. The near months were relatively | steady on trade buying, while later po- sitions eased under scattering liquida- tion. | Prices were about net unchanged to ‘ llmr 29 30 7% 4T% 6 6% 5% 5% 9% 9T 104% 105 102% 102% 13 113 101 lfl 108% lm 100 100 » 10 points lower in the late trading. Futures closed steady, 3-17 | Oetaber Spot_steady mid D—Nonimal. Bleachable cottonseed oil closed easy. September, 9.61 | ber, 9.65b: December, 9.62; January, 9.65b; March, 9.74b. Sales, 57 con- tracts. b—Bid. futures Liverpool Quotat VERPOOL. August > l'"m bales. American nil business done tations middlmng. 500t _modera: prices 8 points lower; n_pence: American striet good #00d middiing. 6.88: striet middling. #.6%: strict low X low middling. 631 Futures_closed auiet 16,10, December. March. 5.0 market will orrow amd M day. August 3 and 5. bank holiday. INVESTMENT TRUSTS Security Dealers Association (Closing auotations.) Admgt Fund w w__ Am Business Shrs | Bullock Fund - Cumulative Tr 8h { Corporate Trust_ _ Corporate Trust A Corp Tr A A mod Gorp Tr ‘Accum Ser Corp Tr Accum Ser mod_ Depos Bk 81 N ¥ A" Depos Ins Shrs “A" Diversified Tr C____1_ Dividend Shrs Five Year Pixed Tr _ Pixed Trust Sh A Eixed Trust Sh g~ Pund Investors Inc Fund Tr Shrs A Fund Tr-Shis B Incorp Investors Inv Tr N ¥ Coll ‘A Investors Fund of Am Inc | Maryland Pund Inc._ _ 80 | North Am I hrs 1! Plymouth Pund_A__ Quarterly Ing Shrs. ted Am Stand UM Ine Super of Am Tr A __ Super of Am Tr AA Super of Am Tr B_ | Super of Am Tr BB Super of Am Tr C Super of Am Tr D Supervised Shrs Z Trust Fund Shrs Trusteed Industry Shrs _ Trusteed N Y Bk snn Trusteed Am Bk NEW YORK BANK STOCKS NEW YORK. August 2 (M.—New York Security Dealers’ Assaciation (Quotations as of 2 o'cloek.) Bid. Bank of Manhatfan (1'2) . 24"z Bankers' Trust (3) Brookivn Trust Ha i ta) Including extras. FEDERAL LAND BANKS NI YORK. August 2 (#.—FPederal Land Bank bonds " (Quotations as of 2 o'clock.) Bid, 33333353353 FEEFPFRRIRE seisins Fr5s naffli [RRRRER U. S. TREASURY NOTES. (lcnmd lv Chas. D. Barney & Co.) Ra 3 1 3‘% " 138 38, 38 38 Octo- | NEW YORK. August 2 (™.—New York | Asked. | PRODUCE. MARKET ABOUT UNCHANGED Most Quotations Steady on Eggs, Live Poultry and Otlser Lines. Most quotations were steady at un- changed levels on the Washington produce market today. The summary, with egg and live poultry prices furnished by the De- partment of Agriculture, follows: ne-pqund prints (92 pound prints (90 1-pound prints (%0 3. Beet. 18 ';{Wk veal. tre 11a70; joins. hlms on, 3 N mwund 1"’1.[3 7 "' STOCK —Hous. light mtdhlm 10.50a11.00 ';:I‘I:l{ll“ o oukhs 5 O0RA 00T PIEA. 370087 50 Soring Jambs. 4008700 E 1y steady GGS—Market generslly steady T0.50a11.0 changed prices. hennery whites 258 and dated white fece: and ma¥keting costs) | 4% U. 8. extras. mediums, standards, large. X " Market auiet. Prices LIVE FOULTRY omea. neavy, J0min: Leghorns, 14: roosters. Lezhorns and over mixed nnehanged. Fowls mediums. 14a15° 10. Spring chickens Plymouth Rocks A%, poands 1 1%a70; under 'z pounds, 178 colors. 14817 Angust 2 (7. —Followineg 18 hTICAGS: oHicia 1at of transactions in on the Chicago Stock Exchange STOCKS. Hish. Low. Close. @0 Abhot Lab o8, 0T 97 100 Advance Alum Alied Prod Am Pub Svc pf rmour & Co A‘Ma\lal Mg - - 1450 Berehofi Brew 550 Borg-Warner 20 Borg-War pf 200 Brown F & W stie A I Py sve of See z Cen 1 100 Cen 1l Sec ot 600 Dexter C 100 Eddv Paper 50 El Household ) Elein Nat Watch 150 Gen Household 100 Godchaux Sug 3 t 100 Heileman Brew 1650 Houd-Her. S0 T Nor Ut ot 200 Ind Pneu Tool 10 Kalamazon Stove 100 Katz Druz 50 Kellogg _Switch 110Ky Ut Jr eum of 50 Ken-Rad T & 1 150 Keystone VKingshure 100 La Salle 400 Lib-McN_& L 150 Lincoln Pr ) Loudon Pack new Lynch Corp 00 Harah Feid 1031 110 ) Vortex cup Wah! Co - Waigreen ) Wil Oll-O-Nat sc “Bankshrs | ) Zenitn” Hag | Total stock sales” foday—40 BONDS, 10000 Ch C R ot aory 30000Ch'c R 3 cifs 75 Total bond sales mdnf “40.000. COMMODITY PRICES NEW YORK. August = —The Associated Press wholesale price index of 20 basic | commodities tocay advanced to 71.04 The_previous day it was 7190 Ay TO RS a_month ago, 69.48, ear ago. 545 Range of recent years: 000 shares. a01; 5 fary T4 week and a Hich TThe 1978 avera Miscellaneons Markets. Additional New Fork markets (compiled by he Associated Press) GAR —Futures No. -4 Jowers satea ) tor mber. b R March, es closed steady ; pjandard. 144 : December. Moy *“ERUDE Ru 1-2 “higher clonlrlcu a Smoked ri AW HIDE—Futures Slored. quier | changed to 2 lower September. 10.0 | December. 1 wh March, 10.68 SBales. 1160900 _poy COF! a‘!l:‘smt closed barely steady: Rio Antos io No. (utnres clluts !um s-l« r. 4| n ver marker Guotations 180303’ basto hai, steam flature 78 per cent serip 143, Canton double extra 1.3712;° Japanese special crack le exifa K1 per cent seriplane 13155, —Nominal. U. S. TREASURY POSITION. By the Associated Press. The _position of the Treasury on Ju was: Receipts for July i1, Sio.0e7 {ivenditures 383658 441. $1.789.067.633 93 the month " $26 .66. 1y REceipts for th flscll Jear (sinee July ineliding 85473 expenditures. _ Exces: ditures $448 62613156 29.119.769. a decrease fom the ‘previous. day 50170, 306 Receipts m- August 1 1934 loomplnbll date Jast vea 500.222 39 369088 49040 net balance 306, 000.18; o Gtons. réctivts for i4-16s dm 1 68 707 71 of emergency ex- enditures Excess of tures, $383. 030.7K0.31. " Groi 1RR.16K,- 864.33. Gold lueu " l-‘“ B“fl mu 86, FOREIGN MARKETS. By the Assoctated Press. LONDON.—A cheerf the Sto.k Excha ness was ences " “Home mdustrials drop in senalernent LA revailed on h ig' :W-.'.'-..."‘" = issues issues devel- 5.| Monetary gold stock increased $8.- | 000,000 during the week to total $9.- | - CHICAGO STOCK 0CK MARKET| ’| | cess of legal requ RESERVES MOUNT FURTHER IN WEEK |Gain of 155 Millions Lifts| Total $1,185,000,000 Above Last Year. By the Associated Pres A transfer of Treasury cash and de- posits with Federal Reserve Banks was | the main factor in recording an in- | crease of $155.000.000 in member | bank reserve halances during the week | ended July 31. the weekly condition | statement of the Reserve institutions | disclosed. This addition brought reserve bal- | ances to a total of $5100,000.000, | | which was $1,185.000000 more than last year. This figure is approximately | | $2,500,000.000 in excess of legal re quirements. Treasury cash and de- | | posits with the Reserve Banks, in the | | meantime, declined $143.000,000. | ) 143.000.000. Money in circulation rose | | $23,000,000 to a total of $5,519,000,000 | | s a result of demands for cash in pay- | ment of month-end requirements. The conditions statement said: “The dally average volume of Federal Re- | serve Bank credit outstanding during | the week ended July 31. as reported by | the Federal Reserve Banks, was $2.- 471,000,000, an increase of $4.000,000 eompared with the preceding week and | | of $7.000.000 compared with the cor-: :resmndmx week in 1934, 1 “On July 31 total Reserve Bank credit amounted to $2.465,000,000, an | increase of $5000.000 for the week. | This increase corresponds with in- creases of $23,000.000 in money in cir- culation and $155000,000 in member | bank reserve balances, offset in part by decreases of $143.000,000 in Treas- ury cash and deposits with Federal Reserve Banks and $13,000,000 in non- member deposits and other Federal | Reserve accounts and increases of | $8,000.000 in monetary gold stock and *|$8.000000 in Treasury and national bank currency. Member bank reserve “balam‘c' on July 31 were estimated to | be approximately $2.510,000,000 in ex- irements. | “Relatively small changes were re- ported in holdings of discounted and purchased bills and in industrial ad- | vances. An ase of $5.000000 in | holdings of United States Treasury notes was offset by a decrease of $5.- 000,000 in Treasury bills.” Changes in the amount of Reserve Bank credit outstanding and in re- lated items during the week and the year ended July 31. 1935, were az fol- Jows (in millions of dollars) | Increase or decrease < Juiy a1 duly A Bills discounted Rills bought U. 8. Gov Treasury cash and geposits with nosits a Federal accornts - STATEMENT IS ISSUED BY NEW YORK RESERVE By the Associated Press NEW YORK. August 2—The state- ment of coadition of the Féderal Reserve Bank of New York at the close of business July 31 shows: hand U. 8 Bilis boug Iadustrial Total U. S curities Total bills 707,052,000 None reserves to and Federal Re- arir mote liabilities eom bined FOE OF GOODRICH PLAN AGAIN CALLS ON S. E. C. | | By the Associated Press. NEW YORK, August 2—wmmm H. Hunt of Cleveland. who opposed the receatly adopted B. F. Goodrich Co. refinancing plan, has dispatched a second request to the Securities and | Exchange Commission in Washington asking it to intervene, it was learned | here last night. Hunt in his first request asked the | | 8. E C. to halt the stockholders’ meet- ing called for a vote on the company'’s | proposals, but the commission declared it had no jurisdiction in tire matter. G TG S, 1 LEAD PRICE RAISED | BY MAJOR COMPANIES By the Associated Press. NEW YORK. August 2.—The St.| | Joseph Lead Co. has advanced the | | price of lead $1 a ton to the basis of | | 4.05 cents a pound, St. Louis, and 4.25 | cents New York, it was announced to- | day. A similar advance was later an- { nounced by the American Smelting & | Refning Co., which named 4.20 cents | a pound, New York. ORGANIZED 1879 Take 12 Years to Subscriptions for the 109th Issue of Stock Being Received Do You Desire a Loan —on Real Estate or to Take Up First Mortgage? Tnos: desiring money to purchase a home, g refinance present indebtedness or improve property should consult us will receive prompt and courteous attention. Loans Repayable Monthly Gold Currencies Again Higher in Terms of Dollar By the Associafed Press Purther impfovement In gold cur- rencies was the principal feature of foreign exchange markets today In New York Holland guilders ad- vanced .10 of a cent to 6785 cents French francs were 007 of a cent higher at 6.63's cents and Swiss francs improved 05 of a cent at 32 cents. The British pound sterling was unchanged $4.95%, In London the dollar was a trifle lower at 49511-16 to the pound sterling against an overn: t New York rate of 495%. In Paris the dol- Jar closed at an equivalent of 6625 cents. PARIS, August 2 (# cent rentes. 78 hanH 47, per cent rentes. 87 Exchange on Londor dollar was quoted at PKILADELPHIA PRODUCE. PHILADILFH!A August »—Live ultry —White orns, broil i ;ased poultry u d Butter—Top score, 254 NOTES—6% Secured by First Trust on D. C. Property WM. H. SAUNDERS CO. 1519 K N.W. Di. 1015 Three per B Massachusetts Investors Trust Prospectus on Request William W. Mackall, Jr. Investment Securitiey 218 Woodwara Bldg DIstrict %431 ENTERPRISE BUILDING ASSOCIATION 7th St. and Ind. Ave. LOANS Made on Improved District of Columbia Real Estate Security Monthly payments as low as $7.50 per $1,000 CONSTRUCTION LOANS and LOANS ON INPROVED RESIDENTIAL PROP- ERTY IN THE DIS- TRICT OF COLUMBIA AND NEARBY MARY- LAND. 5%% Prompt action B. F. SAUL CO. 925 15th St Natl. 2100 LOANS FIRST MORTGAGE MONEY On D. C. and Nearby Maryland Real Estate attention all applications Prompt given to For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MEmBER BUILDNG ASSOCIATION COUNCIL erI11arl BUILDING ASSOCIATION i ©49 NINTH STREET,NW. ASSETS $6,492,976.24 55th YEAR COMPLETED Applications Repay Your Loan Nat. 1741