Evening Star Newspaper, August 23, 1935, Page 15

Fl U..S. BONDS STAGE SHARP RECESSION Some Decline 34 of Point. Corporates Improve After Early Sag. BOND AVERAGES 20 10 10 10 Rails. Indus. Util. For'n Net change. —.1 Unc. ! ‘Today, close. 82.7 99.1 828 99.1 81.2 98.6 840 88.4 878 99.1 764 922 894 929 145 73.7 60.2 458 400 422 01.1 98.9 102 .9 100.5 10 Low-Yield Bonds. Close_.... 109.4 Prev. day. 109.4 Month ago 1104 Year ago. 106.8 1935 high_ 110.7 1935 low.... 107.9 1934 high 108.3 1934 low.. 99.1 1928 high 104.4 1932 low.. 86.8 (Compiled by the Associated Press.) 98.0 98.5 96.7 842 68.2 68.3 68.5 64.7 704 65.5 70.0 By the Associated Press. NEW YORK, August 23.—Pro- nounced heaviness in U. S. Govern- ments was the outstanding feature of | the bond market today. All sections of the list were under pressure and closing levels showed some losses of as much as % of a point. The main body of the Treas- ury list was down from 9-32nds to 23- | 32nds. Corporate issues were heavy in the early trading, but many retraced their course to close higher. COTTON GINNINGS BEHIND YEAR AGO Total Handled Before August 16 | at 316,930 Bales, Against 354,724 in 1934. By the Associated Press. Cotton of this year’s crop ginned prior to August 16 was reported today | by the Census Bureau to have totaled 316,930 running bales, counting !021 round bales as half bales, but ex- cluding linters. Ginnings a year ago were 354,724 | running bales, including 4,424 round | bales, and two years ago 459,528, in- | cluding 9,807 round bales. This year's total crop announced | by the Department of Agriculture as indicated from August 1 conditions is 11,798,000 bales of 500 pounds gross weight each. Last year's crop was 9,636,000 bales. Ginnings to August 16, by States, were: Alabama, 26.612 running bales: Ari- zona, 206; Florida, 3,047; Georgia, 71,818; Louisiana, 7,566; Mississippi, 2,::;: Texas, 197,764; all other States, | 1,202. NEW YORK BANK STOCKS NEW YORK. August 23 () —New York | Becurity Dealers’ Associaiion (Quotations as of 2 Bank of Manhattan (1'2) Trust (3) (3 Including ex (&) Belatedor Patd o tar this year. ————— FEDERAL LAND BANKS NEW YORK. August 23 (P.—Federal | Land Bank bonds: D4, Askeg. 4'28 Jan s May 1 1955-45 - U. 8. TREASURY NOTES (Reported by Chas. D. Barney & Co.) RJ!.-—Mllurlly Bid. Offer. 101 3-32 101 6-32 fa July INVESTING COMPANIES YORK. August 23 ). —] Bl oalters Asesiaon, —New York | (Closing nunuuon‘; n Fund w.w. —— PR 2! 22N inbniei TR ,’gfi!é 385 ng »Efi»fli 28828528 g 5 : ® 2a, in 3 g83 2 N o H gE 3 B 2 %, & 3 3 3 s 3 8 3§ L At | ekl & £ STEIERTEPL e AR 11113 EEEEE] i i: HREEE i 2 w4 g BALTIMORE STQCKS 20% 201 2nil ish Is 16 33 33% 334 AllSl:. 1156% 115V ar ted. | Ger Prov & City B _ | Taiwan Elec 5% °71. NANCIAL. lymummannouu Appreximate m Today. U. 8. Gov't Bonds..ono. $9,170,000 Forelgn Bond 380,000 Domestic Bond: LIBERTY. High. Low. OClose. 4th 4345 1933-38 1014 1013 1013 TREASURY. 278 1955-60...... 1005 9926 9927 38 1946-48 . 10222 1026 1028 38 195155 - < e 10226 10210 10212 3348 1946-49.. 10326 1036 1038 3148 1949-53 .cee. 10316 10223 10229 3481941 oo 10814 1081 1081 83,8 1944-46 ___ 10517 1056 1056 3% s 1940-43 June 1082 10722 10722 338 1941-43 Mar 1086 10718 10718 . 10626 10613 10613 3% 1946-56 10926 10917 10920 :‘1!“-60 . 1113 11027 11027 44%s-34s 1943-45 1064 10516 10516 4%81947-53. 1164 11520 11520 FEDERAL FARM MO”R?;GA“G‘I.. 24 !1..... 9922 T 1011 10020 10020 210024 10012 10013 . 1028 1028 1028 HOME OWNERS’ LOAN. 2% 8 1939-49 . 9931 993 9910 381952 1011. 10013 10014 FOREIGN BONDS. Hizh. Low. Abjtibl Pa&Pw 6353 Agr Mtg Bk Col 63 *47 Febr cou on... Antioquia 7s Antioquia Antwerp bs 335 1943-47. Argentine 6s 61 May Australia 4¢%s '56. | Australia s '55 = Australia 68 57 ceamm. Austrian 7s ' | Belgium 6s°55 Belgium 6% Belgium 7 Belgium T: Berlin 68'5 Bolivia 78 '58 . Brisbane bs ‘6 Brisbane 65 ‘58 _ Budapest 6562 unmat couon ___. Buenos A 65’61 Pv Buenos A 6s Buenos A C 62 Bulgaria 7s "67 July coupon oft Canada 4860 Canada 4%8'36.. Cana 2. {c 8 "60 ‘ Chle 68 ‘61 Jan | Chile 58 61 Febr_.. Chile 6361 Sept. Chil | Chile 65 ‘63 = | Cnife Mg Bk 65°61__ Chile Mtg Bk 6562 - | Chile Mtg Bk 6%#'57. Colombia 6561 Oct . Copenhagen 4%s ‘53_ | Copenhagen 6s ‘62 | Copenhagen T 58 '54. | Cordoba 78 57 stpd__ | Costa Rica 78 ‘51 A May coupon on. Cuba 5348 '45_ | Cuba 534853 | Cund’amarca 6%s 69 | Denmark 435 '62_. Denmark 5%s '55.. Denmark 65 42 .. Finland 6% ‘56 10215 102k | French Gov 7s°49___ 171 171% | Ger C Bk A 6360 Oct 304 | Ger Gen El 6548 4 Ger Gen El 78'4, 4 Ger Gov 6148 '65 25 102 101% ' 41% 111% 90's 4% 26% 28 104% Hung Con M 7% unmat coupon on_. Irish Free St 55 '60__ | Ialy 78°51 | Ital Crd P W 7847 B. Ital PUCrd 78 52 Japan 6%s $5 Japan 6%s Karstadt 6; Kreu&Toll 65'69A cfs Lombard El 7s '62 Medellin 6%s '54 29% 100% 100% 100% 100% 150 150 49 49 101% 101% 1017% 101% 106% 106% 105% 106% 102 102 96% 961 Bl% Bl% 81% 100% 100% 100% 139% 1397 139% 4% 14% 14% 14% 81y 933 103\ New So Wales Nord Ry 6% Nor Ger Lld Norway b8 '63 Norway 6%s ‘6l Norway 6s 43 Norway 6s 4 Norway 65’5 Norw Hy El Oriental Dev 5% OsloG & E 5363 Pnrls Orl Ry 5% Prague Gtr 7%s Prussia 6s°52 Prussia 6% Queensland 6s°47___. Queensland 78 "41.... Rhine W EI P 7. e RiodeJan 6%s 63 Aug coupon off .. Rio de Jan $s°46 April coupon Rio Gr do Sul 6s ‘ June coupon off__. Rio Gr do Sul 75 '66 May coupon oft __. Rome 638 ‘52 Sao Paulo St 6568 July coupon off ... Sao Paulo St 78°40... Sao Paulo St 7s ‘56 Sept coupon off . Sao Paulo St 8s ‘36 July coupon Sao Paulo 8t 8360 July coupon off _. Serbs §s ‘62 unm con Shin'su E1 P 638 '52 Slemens & H 6%s '51 Sydney 5%3 65 Toho El Pw 7855 Tokio 53%s 61 ‘Tokio E1 Lt 68°68___. Un Stl Wk 6%8°47 A. Upper Aust 7s 45 unmat coupon on.. Oruguay és'60 . . Westphal E1Pés’53., 38 33 DOMESTIC BONDS. 85 Adams Exp ¢s 48 Alb Per W P 6848 110 110 110 38 38% 38% 33 985 46 77 6% 27% 19% 0 95 94% 94% 101% 101% 101% 1024 102% 102% % T4 Ta% 7 16 76 111% 111% 111% 100 99% 100 12% 112 112% 110 109% 110 113 12% 1 113 112% 71 113% 113 113 45% 45% 45% 105% 104% 105 91 90 91 25% 26% 1™ 17 17 ‘ 103% 108% 103% 2% 91% 024 105 105 106 0 hw 2w 2 la!fi L% “‘ AT&SFead 0"5!& 103% 103% 103% A T&S Fogn 48 96.. 108% 108% 108% 4 jCaroCl&06s'38 THE EVENING STAR, WASHINGTON, D. C. FRIDAY, AUGUST 23 A T&S Fe gn II "‘ w A T&S Fe 43 A T&sSF Ru! G“l‘“ At] Coast L elt 4s ‘83, At1CL un 44884 At Coast Liclt b 48 Atlantic®D 1st 4848 Atlantic&D 24 AIG& W 1B Aust & Nor 38 *41 BAH'HI Loeo (21N 43% 100 103's 1034 103% 101% 100% 101% - 59% 59 594 10634 1064 106% T2% 704 7 118% 114 4 116% 116% 1% 111% 110 T4% 102 102% 1104 110 114 114 13 113 116 116 124 124 104 104 88 87N 103'% 1034 102 101% 112 111% - 105% 104% 107% 107% 22 Can'dian Nt Ré% Can'dian Nt R %, Can'dian Nt R4% 5’56 Cnn'dlnl Ntés' Cll!'dllll Pc bs Cent of Ga con bs "45. Cent of Ga 58 '§9 C ‘59 11ty 96's b3 101 Cent N Eng 4s’ Centof NJ 4587 Cent Pae 1 Cent Pac 58 ‘60 Cent RR B Ga bs Cert'ddedb b%n Chesap Cevel Chesap Corp 58 ‘47 C&O4%u"93 A C&O04¢%s'95 Chi & Alt ref 3 - ChiB & Qgen ¢s '3 ChiB&Q 4%s°17 Chi B&Q | dv 3%8'49 ChiB&Qldivds'ed Chi & E 111 55’51 Chi & E Ill eon 65 '34. Chi & Erle 1st 58 '8 ChiGL&CHs'37. Chi Grt W 48 CM&StP ¢s 89 . cnastrnm-'nc CMA&StP 685 CMStP&P adj b3 2000 Chi & NW gn 48 ‘37 Ch1 & NW gn 48’87 st Chi & NW 6% 8¢9 Chi & NW rf 68 2037 C&NW Nr W 6%s '36 Chi R 1&P rf CRI&P 4% CRI&P 4%s Chi R 1&P %8 Chi T HA&S 1st Chi T H&S inc CCC&StL rt 0%.‘11. CCC&StL rf 63°63 D CCC&StLStL dv4s's0 CCC&SILCW&M4s'91 Clev Un Ter b3 13 B_ Clev Un Ter 6%#°72A Colo Ind el tr Columbia GEE 6 o1 Col RPL 1st 41867 Columbus RP & L 53538742 _ Com inv T 6% Con Coal Md 5&'50 efs 51. 107% 107% ConGas N Y b8 '57._. 1055 104% 106% 11134 111 111% 111% ConGNY dbl%t“ 106 106 % 94 103% 103% 105 1056 1043% 104% 4% un 50 Crown Will P és Cuba R R ref 7% Cubs Nor RR 5%8 43 CumbT & T b8 37— Del & Hud ref és°43_. Den & R G en 4 Den& RG W b8 65 . Den& RGW 5856 asst PonARGrfin T Det Edison 43%s"t Det Edison rf 68 '“ Det Edison 5s '62 Dul & Ir Rg 58°37_ Dugqu Lt 1st 4%s'67_ East Cuba S 7%3 '37.. Erie 459 Erie gen Erie ref 58 Erferef 68 ‘75.-- Fed Lt & Trint 58’42 GalvH&HG5%s 38 Gannett 6s ‘43 _. 105% 105% 82% 29% 20\ llz 112 107% 107% 107‘1 109% 109% 109% . 108% 108% 108% 104% 104% 104% 25% | Ki y'r T Gotham 8ilk H 65 °3 Grand Rap I 4% 41_ Gr Tr'k of Can 68 ‘36 32% | Lautaro Nitr 6a 64 Kelly Spr Tire ll 3. 'I’K 9% ?l.% Ky&Ind T43%8°61__. 99% 99% 99% Kings County [T ) J——" 108% 108% 108% Kinney(G R)T%s ‘36. 1037 108% 103% Laclede Gas 6839 ... Ml\ l.l% 101!. 7% | Laclede G 634883 C.. Lake E&W 2d 58 '41.. m Leh Val Coal 6838 .. Leh V Pa con s 2008 L V Pacon 4%a 2003 Leb V ER con 8s 2003 ng Dock % | Long Tat deb b8 T aee Long Iul ref 43 '¢9.. Mrrflllrd 8 4y La&Ark6s 69 ... LouG & E 6852 A_. 131'% 130% 130% T3% T3%, 3% 111% 111% 111% - 107% 107% 107% . 101% 101 101 106 104% 105 105% 106% 105% 100\ 108% 106% L & N 8o Mon jt 45'52. 81 81 M'Cro'yS63s’'41 flled IOG% 106 106 MoKeas & R 5348 '50. 101'3 101 101 Manhat R 48’90 __ Manhat R 4590 etf: Manhat R 2d 43 2013 Mead Co6s'4b 98y Met Ed 1strf 4145868 107! Mich Cent 338 '52. Mich Cent 43579 MIIER&SLE Mil E R&S L rf b 10714 10T 10315 1031 981 98% Mo K & T 1st 48 '90 MOK&T4%8"8 Monong Ry 1st 4s '60 Mont Cent 53 '3’ 1 Mont Cent 6s 37 Mont Pwr ref 6s Mont Pwr b8 '62 A Mont T gn rf §s'55 A. Nat Steel 48 65 Newark C Gas bs "48. NewOrPS6s’66 B New Or T&M C’A: ‘56 Y Cent rf 4% 2013 YCrt4 0 ¥ Y Y N N N N N N YC&StL 1st 43 '37 NYCA&StL 4% ‘7 NYC&StL 6% N Y Conn 1st 4 N Y Dock 1st 4s | N Y Dock bs ‘38 | NY Edisref 6%4s N YG ElI H&P 4s ¢ NY NH & H 3%s Niag Sh 63%8 5 Norf So 1st ref -e 1147% 114% 114% 102ta 101% 101% 100\‘ 100\‘ lgfl\t lol’. l(]l': 101t 'y T2% 102% 102% 84% B4% 2% 922% 98 10715 108% 111% North Am Ed bs North Am Ed 5% Nor'n Pac gen 35 2047 Nor'n Pac 4397 Nor'n Pac 4%8 2047_. Ohio Pub Ser 7348 "46 Obio River gn 6s '37_. Ont Pw Niag 6s '43... Ore Sh Line 6s '46 = Par-Pub 6%s ‘50 Par-Pub 6%s 50 filed Parmelee 6s ‘44 107% 974 1064 1065 102% 102% 105 106'5 106'5 Pann RRi%s’63 n R R 6 Penn R R 6%8 Penn P& L 4% Peo G Lt&C rf 58 '47. Peo G L&C 6343 Peoria & E 1st 45°40_ Peoria & E inc 4s 90 107 117 XWBK lDBl‘ lo.h 80 90 90 90 101% 101 101 106'5 106 106% 106% 106% 106% 614 60% 60'% 3913 38% 39% 2% B = 102% 102% 102% . 106% 106% 106% 8% % 77"- BONDS ON NEW YORK STOCK EXCHANGE] u lfl m Tenn Cont &84T Tenn C&C 68’44 B___ Tenn Bl Pw 6547 A.. ‘Torm As St L 45 '63... 10414 104% 104% {“ 103% I.l 1% ll% Dl‘h - 9% S1n Mu wou l”lt lflo% 8T 106 121 110'6 UN HO‘V 103% 103 106% 106% INS‘. 106 106 106 93 92 92 6% 18% 187% 894 Un Pac 1at 4s ‘fl Un Pae 45 68 Un Pac 1at rf 42 3008 Unit Biscuit 850 89 89% . 60 ©y 81% 81% UtIP&L 68’69 ww_ Ut P& LEWs 47 Vanadium ev 55 '41. Ver Sug 1st7s ‘42 efs 10 10% Va E&P lat rf 64'55 A 1083 105'5 108% Va Ry Ist §8°62 A 111% 111% 111% VaSWeonia'si.... € o8 Wabash 4%s°78 22 Wabash 4138 '78 ctf: 20% Wabash 576 B 22 Wabash 6s ‘80 D Wabash 1st 55 '39 ‘15 22 20% Walworth 6545 A _. Walw'th %45 '35 ww Warner Bros cv 65 ‘39 | warner-Quin Warren Br cv . Westchester L 58 ‘50. W Pa P int 5s ‘56 O.. 1g a Weatn M lu Lot 4553 West'n ' West'n Pu 58'46 A a0 West'n Un 4148 '50 West'n Un el tr b8 West'n Un bs '51... West'n Un b8 ‘60 West'n Un 6383 Wheel Steel 414 Wheel St 6%s " W Sp Stl con 7835 ct W Sp Stl 15t 7s '35 et Wilson&Co 1st 65 41. | WisClstgnds'ey . Youngtn S&T 88’70 B 98% Youngtn 8&T 55'73 A 98 10214 1011 10134 101% 103% 103% 14 14 14% 14% 108 1077 % 10% 981, 9% BONDS TO BE REDEEMED BY AMERICAN SMELTING By the Associated Press. NEW YORK, August 23.—Ameri- can Smelting & Refining Co. an- nounced today it will redeem at par on October 1 all of its outstanding 5 5: !c:m mortgage bonds, aggregating Punds for the redemption will be raised through the issuance of new 4 per cent bonds” amounting to $38,- 000,000 and $5,000,000 of bank loans. DIVIDENDS ANNOUNCED NEW YORK. August 23.—Dividends de- clared. (P Sarsd. o Tysarte ed by the Biandard 'sra: Extra. 7% Lazarus (F & R) Quaker Oats -__ Initial. Merchants & Mfrs Sec part $ Am O3s Bug 677 b 150 & Resumed. -15¢ ---B0c Increaged. First Bank 8tk Corp_.15¢ Stoek. Square D Co A pf__23% ltlll.r pmer Invest T B__121;c Bald; L 30 8o Pac Indmnv U8 & Int See cum B> Irn Am ’r& Adr for o-mr-‘ Rl tf Jones (J Dd'l Ro!llfl TIr Ser B part tr r Wolv 6% F‘;:‘Povc'fi 60 Radio Corp Am pf Unit-Cerr Pastener: *Similar amount Baid in the two ous quarters. Washington Exdmnge SALES, Capital Transit Co—10 at 17, 10 at 17, 10 at 17. 10 at 17, 2 at 16%, 10 at 17, 5 at 17, 10 at 16%. Washington Rwy. & Elec. pfd.—8 at 105. Washington Loan & Trust Co—2 at 200, 3 at 200. AFTER CALL. City & Suburban 55—$1,000 at #2%. Capital Traction 5s—$500 at 98. Bid and Asked Prices. " 104% 104% 104% | Am 101% 101% 101% 98 98 98 98 98 98 . 105% 105% 105% .| Rem-Rd 6% 8'47A xw Gulf Sta 8t16%s Houston Ol §%s Hudson Coal 63’53 83% | Hud & Man ine bs 51 Hud & Man ref 5857 111 Bell Tel 58 58 111 Cent coll tr 45 '53.. 111 Cont rof 45’56 111 Cent ¢%8'68 111 Ceut ref 58 55 ..w 111 C Cairo Br 48 ‘50 111 Cent Ltch 38’51 86 ICCAS! e 63 60% Interlake 68 '51. ..o Int Cement 58 48 ... IntGrt Nrbs ‘68 B intGrt NrSe'66C __ 1nt Gt Nor adj 65’524 Int Hydro El 68’44 Int Pap 1st 68 4T A.. Int Pap ref 6s ‘56 Int Ry of C A 6%5°47 INT&Tcvels 39 ItT&T4%e 52 . IntT&THs'S6 .. InvEquity 5847 A ... JTowa C 1st&rf ¢s°51.. KanCFS& M 45’36 CFS&Mriis'ssct mu 103% 103% 1% 1% 1% 36% 854 36% 33%% 33% 33% % 71 Ti% 61% 61% 61% 11214 112% 112% Rep 1&8t1 5%5°'63 A Riehfleld O 6s '44 cfs RG W 1stexin 4s'3) 8t Jo Ry L T&P s '31 nbmumuru 104% 104, 104% 33% 38% 33% 81 81 81 107 107 107 65 63% 65 Libny 9-5-55 ] ook d 2l a RpnpaRnoRRINd 14 103% 103% 103% 60 60 60 103 103 103 A 100% 100% 100% 80% B0 80 FeEEEERETLEY FEE T 024 OIK! 1935. CAPITAL PRODUCE | PRICES ARE STEADY Few Changes Registered by Eggs, Live Poultry and Other Lines. Most quotations were steady at unchanged levels on the Washington produce market today. The summary, with egg and live poultry prices furnished by the De- partment of Agriculture, follows: BUTTER pound prints (92 acere). -pound prints (90 scere) b rints (88 score; i M!AT‘— it llli(l. 'ell \B‘lfl, lamb, 3 ;hxd lal.‘ 3hzaldls ogs, ight. 10.00a10.50: medium, 10.50a11.00:" heavy. 9.50a10.50; joushs, 5.0048.00: pigs, ¢ 5.00a9. \bs. et e v prices. Currrnl n1 0 ul fil white ecss ' kmnl ng rketing costs) U. B. extras, mediums, 30 ‘compou; vernment under 3's pounds, Lialoy ADVANCE IS EXTENDED 1, mixed ww Bpecial Dispatch to The Star. NEW YORK, August 23.—“Transit revenues for the calendar week ending with Saturday, August 17, 1935, as re- ported by a representative group of companies, recorded continued im- provement over last year,” as shown by the Trapsit Journal Indicater, which stands at 103.30 as compared | with the corresponding week in 1934. For the week ending August 10, 1935, the Indicator stood at 101.63. “Besides the gain in the Indicator noted in the last week there was a marked shift in trends on individual properties. In the New England and Middle Atlantic States the showing ¥as materially better, gains made there being considerably more than suff- cient to offset recessions in some Pa- cific Coast and Midwefi cities. CHICAGO STOCK MARKET August 23 () —Following is lele official list of transactions in Chicsso BStock Exchange CHICA the complel stocks on today: (Actual). STOCKS. 10 Abbot Lai High. Low. Close. -2 10014 100% 1001 ¥ i tay 50 Bastian-Bless | 4830 Bendlx A A §00 EI Household .- 100 Elsin Nat Wateh n_Household o i3S e i s o @iz, U. §. TREASURY POSITION. By the Associated Press. m Dosition of the Treasury on August 7.007,873.18: endn res, ol L R ‘“" ceite for gacal yeus, (since lh o%allglfilumlxgfi "s'gru 916.234 Rail 37 T00.015. b8 sross gebt 001 Bes 0076 s decrease of $5 018.01575 wdfl {be previous day: Melpll for August 2 "' ble Tast 0'7"11 m"l b} a-mnsf 0 ipts for} et Daiance. ms receidts for i ".81. 363 FOREIGN MARKETS. itures. 3 2.087 401 TO8S assets, $7. - | By the Associated Press. Resl M 4 MISCELLANEOUS. ” ,—um: the relazation of po- -mfi“i. Bans A tradi etlstered | res llMl ‘! K tnmn-l ein, Pre m!nu on the ml l""... Y lulu was ug" mw‘?fl—an ey Gfllllll’ fu- les. ‘Hk& 13 \:’ Mu. fiMfim IN TRANSIT REVENUES FINANCIAL, | Observers Expect Money Rates to Firm Up in Fall Special Dispateh to The Star. NEW YORK. August 23.—Money rates are likely to firm up in the Fall For the first time there are intima- tions in usually well-informed fnan- cial quarters that mopey, which has long been a drug on the market, is likely to feel the impact of s real de- mand within the next 30 to 90 days. That statement probably will meet with pooh-poohs {rom this who will point to the twe and one-half billions | or thereabouts in exeess reserves. But it is the considered opinion of ex- perienced observers who are more practical than theoretical. Such observers point out that bank deposits have been infiated by the Government’s off-hand methods of financing the deficit. When the de- | mand grows, they say, it will be found that real hard cash for capital | investment is & horse of a different | color, (Copyrisht 1935) FREIGHT LOADINGS GAIN 31.283 CARS 615,006 Total Represents Increase of 13,218 Over Level of Year Ago. By the Associated Press. The Association of American Rail- roads announced today loadings of revenue freight for the week ended | August 17 were 615,006 cars, an in- crease of 31,263 above the preceding week and 13,218 above the correspond- | ing week in 1934, but a reduction of 28,400 from the corresponding week in 1933, | Miscellaneous freight, 238,677 cars, an increase of 9.905; 15,835 above 1!34‘ and 13,501 above 1933. Less than carlot merchandise, 159,- 314 cars, an increase of 1.841; a re-| duction of 580 below 1934 and 10,050 | below 1933. Coal, 89993 cars, an increase of | 12,117; but a reduction of 2,981 below | | 1934 and 38,925 below 1933 ) Orain and grain products, 42814,/ an increase of 1358; 3,207 above 1934 and 14,087 above 1933. Western dis- trict loadings were 28,508 cars, an in- crease of 1870 above 1934. Live stock, 14,279 cars, an increase of 2,994; 17,206 below 1934 and 3,079 below 1933. Western district loadings ere 10,628, a decrease of 16,153 below 1934. | Forest products, 30,540 care, an in- | crease of 877; 3,191 above 1933. Ore, 34,556 cars, an increase of | | 3.370; 5,888 above 193¢ and 4,950 below 1933, Coke, 4,833, a decrease of 199; an increase of 1,099 above 1034 and Index Shows Advance. NEW YORK, August 23 (#).—The Associated Press seasonally adjusted | index of freight movement advanced ? | for the week ending August 17 to 61.8 | from 590 the previous week and | 60.1 a year previously. | The range in recent 5 | Hizh Low SEPTEMBER MATURITIES | TO TOTAL $31,093,200 Bpecial Dispateh to The Star. | NEW YORK, August 23 -—Corpor-| ate bond maturities during September | will total $31.093,200, according to the Standard Statistics Co. of New York. The number of bonds and notes | making up the total is 123, of which |4 amount to $1,000,000 or more u | follows: September 1—Corp. Securities or Chicago 5 per cent notes, $4,500,000; | | Deutsche Bank Ext. 6s, $8.553.000; Punta Alegre Sugar Corp, Coll. 6 per cent notes, $2.921,700. | September 15—New York Central Lines Eq. Tr. 4'¢s, $1,307,000. | August maturities amounted to $43,- | 111,500 and the 138 issues and por- tions of issues falling due in October total $30,601,460. Money Available At 514,% and 6% —for First Mortgage Loans on D. C. residence or small proper- ties.” Building loans con- sidered. Charges reasonable. m. T. Ballard 1221 Eye St. N.W. Investors Trust Prospectus on Request William W, Mackall, Jr. Investment Securities 218 Woodward Bids. District 8431. ENTERPRISE BUILDING ASSOCIATION 7th St. and Ind. Ave. N.W. LOANS Made on Improved District of Columbia Real Estate Security Monthly payments as low as $7.50 per $1,000 7,056 above 1934 and | | decrease of 2,170 below 1933, l 1 #¥% A—18 BUSINESS TURNS UNEVEN IN WEEK |Retail Pace Lags Slightly, but Wholesale Gains Are Extended. By the Associated Press. NEW YORK, August 23.—Irregu- larity in the national business situs- tion was reported today by Dun & Bradstreet in its weekly review. “Evidence of the effect of seasonal influences became mildly apparent in the retail division during the week, as the prolonged heat wave was un- broken in many parts of the country, thu: interfering with distribution of elrly Fall goods,” said the report. “In wholesale markets, on the other hand, the previous improvement was extended, buyers being eager to cover more distant requirements, as fresh price increases appeared and outloak | for broadening econsumption bright- ened, accompanied by the impressive industrial expansion and the stronger | flow of cash into agricultural districts. “Between-season influences finally have started to affect retail distribu- tive totals, as volume for the week rose at the t sluggish rate in nearly two months.” It was stated that trade in some districts was 15 to 30 per cent above the preceding week. The estimated galn for the country over 193¢ was 4 to 25 per cent. “With fewer trade conventions and exhibits,” it was found, “the number of buyers in the leading wholesale markets was not so large as a week earlier, but the volume of orders was increased by the more numerous mail requests and the markedly heavier bookings by road salesmen. ¢ * ¢ “Buying for future shipments made one of the widest gains for any week this year.” Industrial operations were found ex- ceeding a year ago by 20 to 30 per cent, and employment and pay rolls were reported larger in the aggregate than & week earlier, e R L CANNED FOODS ORDERED, NEW YORK, August 23 (#).—Sub- | stantial orders for canned fruits and vegetables have developed in the wholesale grocery market this week as both chain and wholesale buyers be- ean filling Pall requirements. FIRST MORTGAGE MONEY On D. C. and Nearby Maryland Real Estate Prompt attention given to all applications First Mortgage Money CONSTRUCTION LOANS LOAN‘S‘N%N IM- PROVED RESIDEN- TIAL PROPERTY in the District of Columbia and Nearby Maryland. 5%2% Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Menthiy Payments Equitable Co-Operative Bldg. Ass'n ASSETS $6,492,976.24 ORGANJZED 1879 55th YEAR COMPLETED Subscriptions for the 109th Issue of Stock Being Received Do You De sire a Loan —on Real Estate or to Take Up First Mortgage? desiring money to purchase s home, refinance present indebtedness or improve property should consult us. Applications will receive prompt and courteous sttention. Loans Repayable Monthly Take 12 Years to Repey Your Loas 915 F St. N.W. Nat. 1741