Evening Star Newspaper, August 29, 1935, Page 19

FIN 1. 5. BONDS GAIN, OTHERS ARE MIXED Federal Obligations Close 2-32ds to 19-32ds of Point Higher. BOND AVERAGES 10 10 Rn]s Indus !Aul Por n. Net change. Unc. +.4 +.4 Today, close 81.9 9173 61 4 969 67.0 Prev. day-.. 81.9 973 684 821 83.2 846 644 87.8 98.6 704 76.4 845 655 889 170.0 73.7 682 60.2 400 646 422 1928 high_ 98.9102.9 100.5 10 Low-Yield Bonds. Close_... 1089 Prev.day. 108.9 Month ago 109.8 Year azo. 106.8 1935 high 110.7 1935 low_. 107.9 1934 high 108.3 1934low_. 99.1 1928 high 1044 1932low.. 868 (Compiled by the Associated Press.) 98.5 98.6 99.0 88.2 99.1 922 929 By the Associated Press. NEW YORK, August 29.—The bond market close today was featured by a display of strength in the United States Governments. Corporate issues moved unevenly, but many of the actively traded mem- bers scored moderate gains. The Federals generally finished on the highs, with gains ranging from 2-32ds to 19-32ds of a point. INSURANCE STOCKS NEW YORK. Augus oy —New York ity Dealers’ Association: Py Bid, Asked. Aetna Cas (2138) F 0) ) m Reinsur ( Am Surety (1) ___ Automobile (1) __ Balt Amer (.20%) Boston (1t Glen Falls (1.60) Globe & Rut Great Amer (1) Halifax_(90) _ i Hanover (1.60) "~ 3 | Homestead (1) Lincoln Fire - Mass_Bond Natl Fire (2) Natl Liverty, 30 Fire (-702) nr River (.80a) xd_ a8 Eprinsfleld (4°2) Sun Life Z Travaers (i6) U S Fire (1.60 ‘Westchester ( NEW YORK BANK STOCKS NEW YORK. Au Becurity Dealers’ Association (Quotations as of 2 o'clock.) | Bank of Man (112) F 2 ’l»‘ | th Ave (348) Pirst Bost C (1 First Nat (Bos) First Natl (100 Guaranty Tr (12) Irving Tr (.60) 7 R United St Tr a—Including extr: Paid so far this year. .FEDERAL LAND BANKS NEW YORK. August 20 (¥.—Federal Land Bank bonds: ions as of 2 o'clock.) U. S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Rate—Maturity. 40 s June 15, '40. 100 SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Bla, Offer Allis-Chalmers Co. 5s 1037 101 Amer Beel Sugar 6 Aaniic Refning 35 Bethlehem Steel 55 1936 California Packing 55 1;;4" 4 e Bub. Service. '-'n 1930 Gotham Silk He 19: Grand Tr. Canada fls 1 Great Northern Ry. 7s Jllinois Central 635 19: 4% 753, est. N. Y. & Pa. 5: 19: 105% 106% CHICAGO LIVE STOCK. CHICAGO. August 29 () (United State Department of Agriculture).—Hogs, 1 0 Thcluding 3,000 direct: mostly 10 6 15 higher than vesterday's average; uinder 170 pounds steady: top. X u;u 250 poun sow! nso-mw. Opest. 1035 Cattle. calves, 1,500: fed steers cénts higher. I‘.eers suitable fof rs, 12 :50' ye:rlhu& 11 60. ull ‘tem pn 1. 5 down to 9.00. with' grassy ring fed steer advance of 6.75a 8.00; ltocker and feeders luld, Wi Zo-cent downtown, with promec ood clearance; all steep stock more active q; unevenll higher; best 'fllhly h! fers 11.50. She 2.000; fat lambs slow. early nderione Weak prices; | Norw Hy El 5%s°57 native o b othine “done on a 23.50: Tambs quotable o5 o B0 PARIS BANK CHANGES. PARIS, August 20 (P)—The weekly statement of the Bank of Prance sh She Satiowine ch-nm m francs: Gold creased 53,000,000. sight balances al ereazed 1060.000" bilis” disceunied home increased '453.000,000. bills bou 1000.600, "advances circulation Tflm nt_ accoun 326.000,000. 30-day_loan overnment wu--ml Goreased 241,000,000, of discount, 3 per flh‘. . ANC1AL. Approximate Transactions Today. U. 8. Gov't Bonds...... $4,600,000 1, 200 000 Foreign Bonds.. Domestic BONdS.ceeemm LIBERTY. 5,050, ,000 High. Low. Close. 4th 4%51933-38 10031 10028 10031 4th 43¢ 33-38 rg. 100 28 10028 10028 TREASURY. 9916 1002 1955-60 . 1002 —==e. 102106 10128 10210 == 10220 10131 10220 10319 . 10230 10226 10230 - 10720 10713 10720 9 ceea. 10319 103 3148 1944-46 ... 1056 10426 1053 3% 1940-43 June 1075 10624 1075 338 1941-43 Mar 1076 10626 1076 335 1943-47 48 1944-54. 9 4145 1947-5 - 1064 1062 1064 11024 11016 11024 510518 1064 10518 11510 1156 11510 4351947~ szrez 1154 1154 1154 FEDERAL FARM MORTGAGE. 2%8 194247 e 1947 331949 3% s 1964 9923 9918 9923 1014 10023 1014 10026 1008 10026 10130 10126 10130 HOME OWNERS' LOAN. 9925 996 9925 Abitibl Pa&Pw 68 ‘63 29 Akershus s ‘63 Antioquia 7545 A Antioquia 3d 7s'67. Argentine 5%s ‘62 Argentine 6s'57 A__. 95 Argentine 6s'68 B 95 Argentine 59 June 95 Argentine 63’59 Oct 95% Argentine 6s ‘60 May 94% Argentine 6s '60 Sept 95% Argentine 6s 60 Oct. 95% Argentine s;'u May gw Australia 58 '55 ... 103 Australia 68 '57-.. 10: Austrian 7s '57_. Batavia Petr 4%s°42. 115 Belgium 6856 ... 101% Belgium 6%8 '49..... 106 Belgium 78 '55 ... 111% Belgium 78 Berlin 6s'58 Berlin Elec 6%s°51__ Berlin Elec 6859 Bolivia 8s 47 Brazil 6%s '26- Brazil 6%s '27-'67 | Brazil 7852 Brnzn 8s'41 | Brisba s | Brisbane 6s°50_ | Buenos A C 656 | Buenos A 6s'61 Pv Buenos A 6s'61 st Pv BuenosA6;s'61stPv. Caldas T3;s 46 Canada 4s ‘60 Canada 4%;s'36._.. Canada 5852 ———_. Chile 6s 60 Chile 63’61 Ja: Chile 6s 61 Febr_. Chile 6s '61 Sept-... Chile 6s 62 Chile 65 '63 _. Chilean Mun L 7s°60. Colombia 6s°61 Jan_. Colombia 6s 61 Oct. Col Mtg Bk 73 "46 7h Th 92% '3 594 57 94 104% 101% 111y | Copenhagen 4%s ‘53 | Copenhagen 5s ‘52 | Copenhagen T 5s '54_ | Cordoba 78 '37 stpd Cordoba 7s ‘42 Prv_ Cordoba 7857 stpd__ Costa Rica 75 '51 A May couponon .. Costa Rica 7s '51 Nov Cuba 51%s 45_ i Cuba 53%s 53 Cund'amarca 6%s 59 Czechoslovakia 8s '51 , | Denmark 438 ‘62 | Denmark 5%s ‘65 Denmark 6s *42 Deu Bk 6s '35 ct st Dominic 1st 538 '40. Elec Pw Ger 6135 ‘53 Finland 6s " Finland 6%3 '66.____ Frankfort 6%s '52... French Gov 7s'49 French Gov 7% '41 Gelsenkirchen 6s '34. Ger CBk A 6s'38____ Ger C Bk A6s'60 July Ger C Bk A 6560 Oct Ger Gen El 6% '40__. Ger Gov 618 '65 | Ger Prov & City Bk con Ag 634858 __ Ger Rep 7843 = GrtBr& Irbls ‘31 |Grt CElJap 6%s '50_ GrtCElJap7s 44 _. Hait) 65 52 Helsingfors 6 ‘/)5 60" Hung L M 7;s°61 B. Italy 7851 Ital Crd P W 7s 47 B. Ital PUCrd 7852 Japan 5%s €6 Japan 638’64 Jugos Mtg Bk 7s ‘57 unmat coupon. . Kreu&Toll 5s'59A cfs Merid Elec 78 ‘57 A_. Milan 6%s'52 Minas Gers 6%s 58 Sept coupon off . Minas Gers 61559 Sept coupon ou... Montevideo 6s Montevideo 78 s New So Wales 6s ‘57 New So Wales 55 '58 Nord Ry 6%s '50 Nor Ger Lld 6s'47Tnew Norway bs Norway 5%s ‘65 Norway 6543 . Norway 6s 44 4% 14% 36% 39% 100% 100% 149% 47 101% 101% 1043 104 95 80 82% 101 137% Oriental Dev 6%s '68 Oriental Dev 6s°'63 0Oslo 6355 - Paris Orl Ry 6%s'68 Peru 6s ‘60 Peru 6s Poland . Poland 8s'50 Porto Alegre 7%8'66 July co\lpon off__. Pruss Prussia %l ‘51 Queensiand 6s "47.. Rhein-Rhur 6s'51_ ... Riode Jan 6%s'53 Aug coupon off. Rome 6%s '52__. Rumania 7859 Aug coupon off ... Sao Paulo St §s 68 July coupon off___ Sao Paulo St 78 '40__. Sao Paulo St 8s 36 July coupon off _. Saxon Pb W 6%s'51. Saxon St Mtg 7s "45 . Serbs 7s '62 unm ¢ on Serbs 8s '62 unm ¢ on Stemens'& H 6%s '51 Stiesia Prov 7s ‘58 Silesian Bk 6s "47.. Soissons 6s '36 Styria 7846 Sydney 5%s 55. Taiwan Elec 5%s"T1. Tyrol Hy El 78 '52 Tyrol Hy E1 7 Westphal El P 6: DOMESTIC BONDS. 4 Alleg Corp 5 Alleg Corp Alleg Corp Alleg Corp Allied Stores Allis Chalm 68 '37 Am & For Pw 68 2030 Am Ice cv bs ‘53 Am1GChb Am Intl 6%s 5% lll% 98% Am Roll Mill “Al ‘49 110% 109% 110 923 90 29% 100 106‘/‘ 106% 106% 241% THE EVENING STAR, WASHINGTON, BONDS ON NEW YORK STOCK EXCHANGE High, Low. 55 91% 90% st. 102% 102% A T&S Fegn -~ 108 A T&S Fe gn ‘l '95rg 103 3 . 106% 106% 53 92% 92% AtlCoast Lelt4s’s2. 74 74 91 91 29% 29% 42% 42% 107 107 101% 101% 56% 66% 104 104 LITRE B&O PLE&W V 48’41 B & O Swn 68 '50 B & O Toledo 4s ' Bang&Aroos cv 4. Bell T of Pa bs " 8 86 109 108% - 116% 116 - 122 121% 110% 110% 103% 103% 109% 109% BosNYAL 4s'65__. Bot Con M 6%s'34__. Bklyn Edis 55’49 A__ 108% 108% 108% 9 A_.. 105% 105 ® A... 106% 106% Bklyn Un E 68 50 107% 1073 Bklyn Un Gas 6s°60 105'% 105 Buff R&P con 4%8'57 62% 624 Camag S 7s'42ctfs _ 8% 8% Can’dian Nt Ré38'51 110 109% Can‘dlan Nt R41,8'56 111% 111% Can'dian Nt R4%8'57 109% 108% Can'dian Nt R4% 55 112% 112% Can'dian Nt 5s'69 Oct 115 114% Can'dian N db6.s'46 1231 1231 Can'dian Nr db 78 '40 103% 103% Can'dlan Pcdbisperp 87 86% Cun'dian Pc4s ‘46 103 Can'dian Pc 4%s '§0. 100% Canada Sou 6562 A_. 112 Can’dian Nt R 58 '70... 114% Cent 111 E & G 65 51 96% Cent of N J gen b 101 Cent Pac 1st rf 48°49. 100'5 Cent Pac 6s 60 86% Cert'd deb 5% 8314 Chesap Ccv cl b3 106% Chesap Corp 58 47 105% C&Ogen 4%s'92.. 115% 109% 1087% & 112 106 106 5 1101 1025 107% 11 103% 100% 112% 114% 96% 101% C & O con bs Ch1 B & Q gen 4s ‘58 ChiB&Q 4%s 77 Chi B&Q ref 58 'T1._ Chi B&Q 1 dv 3%5'49 Chi B&QIdlv 48°49 Chi& E 1l 6s'51. . Chi Grt W 4869 Chi Ind & Louis 58'47 ChiI & Liref 6s'4 CM&StP gn 414889 C CM&StP 5876 7% | CMStP&P adj 6s 2000 24% 176% 904 921 90 103 29% 56 51% 46 85% 98 36 34% 53 4% 14% 14 36% 39% 100% 100% 100% 149'5 149% 47 47 101% 101% 101% 101% ! 10413 104% 104 104 941 95 9% 82% 100% 137% 75% 111 797 82% 100% 137% 14% 15 9% 89% 1 3% 3% 73% 111 98% Am Smelt & R il.('l. 100% 100% 100% AmT&T4%s T _ 108% 108% 108% 109% 109% 109% - 112 111% 111% - 112% 111% 112% 5 112% 112y 112% Am Type F'd 65°40 Am Wat Wks 6 4T% ased | Am Wat Wks b8 ¢4 101!‘ 101‘ 101% 5 . Armour & Co Ofil ‘39 103% 103% 108% % | Del & Hud ref 4s 43 1 | Den & R G rr5s 78 Chi & NW 4%s 2037_. Chi & NW 4%s'49___ Chi & NW gn 58 '87 _ C&NW Nr W 6%s '3 Chi R I&P rf 4s°3¢ CRI&P4%s8'52.___. Chi T H&S 1st 65’60 Chi T H&S inc E; ‘60 Childs & Co bs Chile Cop deb 58 4 CinGasEl 4s 68 A__ Cin Un Ter 4 Cin Un Ter 6857 C_. CCC&StL gen 4593 CCC&StL rf 4148'17E CCC&StL rf 6s'63 D CCC&StL C div 4s ‘39 Clev Un Ter 4%8°77 Ciev Un Ter 5s'13 B Clev Un Ter 518'72A Colo Ind ci tr 55 34__ Col & So 41580 Columbia G & E deb 58'52 April ColumbiaG & B 53 °52 May Columbla G&E 6s°61 Col & H Val ext 4s'48 109% ColRP& L53:s’42. 111% Com InvT56% Con Coal Md 6850 cfs 37 | Con Gas Chi 55 '36 94 . 106 104% 4514 106% 807 |Del P& L 4135'69___ 1062 20 Det Edison 435'61 D 112 Det Edison rf 5s 49 1065 Det Edison §s'52 .. 109% Det Edison rf 5s'55_. 106 Dul & Ir Rg 58 °37 __ 108% DulSS&At6s'37 . 45 Duqu Lt 181 4%8°67_ )04‘. Erie gen 45 '96._ . Erie ref 6s '67 Erle ref 56576 Container deb bs 43 _. Crown C &S 6s Crown Will P 68 Cuba R R ref T%s ‘36 CumbT& T 68'37___ Fond J&R 4s 'lZ filed Gen Cable 5% '47. . Gen Steel C 6% Gen Th Eq 6s '40 cf: Goodrich 6s '456 Goodrich 658 Goody'r T&R b Gr Tr'k of Can 68 * Gr Tr'k of Can GtNRref4%s Gt N Rgen4%s'76 D GtNRgen4%s'1TE GtNRgen6s'73C.. GtNRb6%s'52 B GtN Rgen7s'36 A Gulf M & N 65 '50. Gulf Sta St15%s 42_ Houston Oil 6%s '40. Hudson Coal 6s 62 Hud & Man inc 68 67 Hud & Man ref 53 ‘57 111 Bell Tel 68 58 111 Cent 1st 3%s '51__. 11l Cent coll tr 48’52, 111 Cent col tr 48 Il Cent 4%s 111 Cent Omaha Int RT 7832 IntRT Int Grt Nr5s'56 C.... Int Gt Nor 6s ‘5! Int Hydro El 6s int Mer Mar 6s°41._ Int Pap 1st 65 47 A. Int Pap ref 6365 Int Rysof C A 6s’72. Int Rysof C A 68°41_ 56% 80 843, IntT&Tcv 43 39 IntT&T4%s 63 60% 106% - 103% 103% ww._ 103% 103 Kings County El&Pw 5s°3 - 108% 108% 101% 101% Leh Val Coal 6s°38__. Leh Val Har 68 '54._. 2003 Leh V RR con 5s 2008 41.__ 105% 105’% 58%51.... 119 119 104 104 . 100% 100% 103% 103% Lorrillard s '44 Lou & Jeft Bld 4s'45. L & N unif 48 ‘40 105% 105% 107% 107% . 101% 101% 105% 105% '55. 106% 106% M'Cro'yS6%s'41 filed 103% 103% chl..Rl*l '50. 101 100% tR - 130% 130%° 91% 102% 106% 92% 74 91 42% 107 101% 56% 104 kel 86 108% 116% 122 110% 103% 109% 3% 80% 9% 34 10% 108% 108% 105 106% 10T% 105 62% 8% 109% 1114 109% 1124% 114% 123% 103% 87 103 100% 112% 114% 963, 101% 100% 86% 855 106% 105% 116% 109% 109 112 106 106 1104 102% 60% 106% 103% 103% 108% 101% 105% 119 104 100% 103% , 130% 106% High. Low. Close. 97 97 107% 107% 107% 107% 107% 107% 98% 98% 08% 102% 102% 102% 98% 98% 98 38, MStP&SSM 5348 '49_. MStP&SSM 638 '78__ Mo 11 6s'59_. MoK & T 18t 4 MoK&T6s'62A. . MoK&T 7. Mo Pac Mo Pac Mo Pac Mo Pac b Mo Pac 5s '80 H. Mo Pac s '80 H ctfs Mo Pacb%s 49 A___. Mob & Ohio bs Mohawk & M 43 '91__. Mont Pwr ref 68 '43_. Morris & Co 4%8°39... Mor & Esx 3%s 200 Mor & Esx 4 % 103% 103% 121% 120% 195 104% 105 68 68 80% Nat Steel 45 '65 New E T&T 1st b: New J P&L 4%s8'60_. New Or GNR 5.'6'" A New Or Ter 1st 45 New Or T&M 63’64 B N Y Cent3% 1 N Y Cent con N YCentrfalks zou NYCrf4%4s2013n. N Y Cent re N Y Centcvés'as __ NYCLSh3%s'98.. NYC&StL 1st 4s'37_ NYC&StL 4%8'78___ NYC&StL 6%s'74 A_ NYC&StL 1st 68 '35.. N Y Dock 1st 4351 N Y Dock bs N Y Edison 686 N Y Edisref 6 NYL&W 1st 48°73__ NY NH & H 4554 NY NH & H 4865, NYNH& H ¢s'56 NYNH& H 4857 b § X Y Steam 1st 58 '51. S&W 1st rf 5837, Tel gen 4%s '39_. W&B4alys 46 Y Rwys 65 ‘65 asst. Niag Sh 5%s'50 Norf So 1st ref 5s '61. Norf&W 1st 4896 __ North Am Co 58'61__ North Am Ed 58'57 A North Am Ed 5s 69 C North Am Ed 5%s '63 NornOT& L 6s°47_ Nor'n Pac gen 33 2047 Nor'n Pac 4s'97_____ Nor'n Pac 4597 reg __ Nor'n Pac 4%s 2047... Nor’n Pac 5s 2047 D_.. Nor'n Pac 63 2047 Ohio Pub Ser 7% Ohio River gn 58 '37.. Ont Pw Niag 6843 . Ore W R R & N 4361 Otis Steel 6341 PacG & E bs'¢2 Pac RR Mo 1st 4538 Pac T&T ref 58 ‘52 Par-F-La 6347 cf Par-F-La 6s ‘47 filed Par-Pub 5%s ‘50 ¢ Park-Lx 6%8 '53 cfs PennRR3%s’41B__ Penn RR cn#s'48 stp. Penn RR 4s ‘52 E 102% 111 103 103% 103% 116% 106% 961y 105t 1065 113% 102% 104 106% Penn R R 4%8'84____ Penn RR con 4%s5 ‘60 Penn R R gn 4345 '65. Pean R R db 4%s'70. PennRR 4%s Penn R R 68 Penn R R gen Penn R R 6353 Penn P& L 4%s°3 Pere Marqg 43%8'80. .. Pere Marg 1st bs "56_ Phila B&W 4543 Phila B&W 43581 | Phila Co 6867 Phila E1 Co 45’7 Phila El Co 434s Phila& RC& 156873 Phila& RC& 1 63 49 Phillips Petr % Philippine Ry PCC&StL 4%s PCC&StL 43,877 C Pitts&WVa 41:s'58A Port G E 55 '35 assd . Port Gen El 43%s 60 Porto Rico A T 6s'42 Postal Tel & C 6s 53 PubSEI&G4s'T1__. Pure O11 6%s '40. Purity Bak bi K-X-0 6s°41 R-. 41. Reading R 4%8'97 A. Reading R4%8'97B. Rem-R 6% 847 A ww Rep 1&St1 5840 ___ _ Revere Cop&B 6s '48_ Richfield Oil 63 ¢4 101% 101% 9% 95 53 51 544 5du 105 104% 1047% 104% 104 103% 106% 106% 106% 108% 1073 108% 31 31 381 Washington Exchange & SALES. { Capital Traction 5s—$1,000 at 9735, ! $1,000 at 9%, $2,000 at 97. ;| Washington Gas 6s B—$1,000 at 10312, $1,000 at 10315, Washington Railway & Electric 4s— $5,000 at 105%. National Savings & Trust Co.—10 at 100, 10 at 100. AFTER CALL. Capital Transit Co.—25 at 16, 13 at 16, Potomac Electric 6% pfd.—2 at 109, Mergenthaler Linotype—18 at 26. Potomac Electric 5% % pfd—5 at 113Y, 2 at 113, Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer Tel & T!l I’ 8. 10875 ufl% o HooSty SERSIREEIRIE = oy W garherchhm v: evy Chase Amer. Tel. k Capital i W. 5 o Pot. El. P. BANK AND TRUST COMPANY. A Sec. & Tr, Co, (8)_.. 199 | ank 'm thesds. (3). 20 107% | Koal 101% 106% 106% 108% 100% 548 | W D. C., THURSDAY, m m Close. Richfield 0 6844 ofs. 30% StL IMESR&S4s'33ct St L P&NW 48 StL-SF4s'50 Ao, StL-SF4%s'8. ... StL-SF 4%8'78 cf st. St L SW 1st ter 58'63. Ve Y% 12 118% 118% 106% 106% 861 87U 107 107 3% JIR g° -7 6% 5% 3% 3% 4 103% 103% 59% 99% 78 96% 2% 724% 72% So Pac Ore ¢%s T 854 85 SoPacS F Ter 4s°60. 105 105 105 37% 87 3% Silesian Am 78 ‘41___ 8o Colo Pwr 6: 41 A_ 49% 48% 49% 36 36 36 i. 110 109% 109% 101% 101% 101% 50 49 50 102% 102Y% 102% 68 68 68 100% 100% 100% ‘Term As StL I%l '" Tex Corpcv 6s 44 .__ Tex & Pac 68’77 B._. Tex & Pac 68 '79 C ‘Third A ad In ex 68°60 Trumbull St 63 '40.. Un Pac 1st 48°47 Un Pac 1st rf 48 2008. Un Pac 4%s Un Pac 1st rf s 2008. Unit Biscuit 6860 51 Studebaker cv 65 ‘45.. Swift & Co 3%s "5 Tenn Cent 103% 103% 91% 9% 9% 91 90% 91 24% 24% 24% 10213 1023 102% 110% 110% 110% 105% 105% 1055 106 106 106 116% 115 115% lOBh 106% 106% 91y 911 95% 96% 16% 174 Ul P&Li’fil L - VaEI&P6s'64._ .. 107 1075 107 105'4 105% 105% 1% 1113 111% 22% 22 22 22 94% Walworth 6345 A___ Warner Bros cv 6s '39 Warner-Quin 6s ‘39 | Warren Brev 6s'41_. | Westchester L &s ‘50 W Sh 1st 45 2361 gtd West'n Md 1st 45 ' West'n Md 538 *77 West'n Pac 5 '46 A West'n Pac 55'46 A as West'n Un 4148’50 West'n Un cl tr 55'38. 105 1 West'n Un 5561 o 195 99% 991 9919 98% - 101% 101% 104 103% 121 121 104% 104% Wheel St] 5% W Sp Stl con 78 '35 ct Willmar S F 55 '40___ Wilson&Co 1st WisClstgnds'49___ Youngtn S&T 58’70 B 98% Ypungtn S&T 5s'78 A 98 9 98 97 BITUMINOUS OUTPUT UP SHARPLY IN WEEK The National Coal Association, from incomplete car loading reports from the railroads, estimates bituminous coal production in the United States |for the week ended August 24 as 9 98% 9% . | aProximately 6,240,000 net tons. Pro- duction for the corresponding week, 1 1934, 6,214,000 tons; 1933, 7,862,000 tons, The report of the Bureau of Mines shows production of 4,918,000 tons for the week ended August 10, and 5,- 560,000 for the. week ended August 17, 1935. Production calendar year to August 24: 1935, *230,402,000 tons; 1934, 228,385,000 tons. *Subject to revision. LARGE GAIN REPORTED IN TRANSIT VOLUME By the Assoclated Press. NEW YORK, August 29.—The re- port of the American Transit Asso- *| clation for July says there were sub- stantial increases in the number of revenue-paying passengers carried on city, interurban and rapid transit lines throughout the United States and Canada during that month. The greatest increase recorded is that of 10.5 per cent in the surface lines in cities of 100,000 to 250,000 population. In this group of cities, 26,386,407 rev- enue-paying passengers were carried by 27 companies in July against 23,- 888,699 in July, 1934. WEEKLY FOOD INDEX DECLINES 1 CENT By the Associated Press. NEW YORK, August 29.—The Dun & Bradstreet weekly food index de- clined 1 cent in the latest period after rising continuously since the begin- ning of July. As of August 27 the figure stands at $2.74 against $2.39 at the same date last year. _ Canadian Pacific Ry.—July net operating income was $1,526,182 vs. $1,511,481 in July, 1934; in seven months net operating income was $7,588,200 vs. $9,565,894. NEW ISSUE T 107 1077 1077 | Mo 9 AUGUST 29, 1935. CLEARINGS SHOW LARGE INGREASE o Total of $4,555,636,000 Is 25.5 Per Cent Above 1934 Weekly Period. By the Associated Press. NEW YORK, August 29.—Bank clearings again show a very large gain. The total for the 22 leading cities in the United States for the week ended ‘Wednesday, August 28, as reported by Dun & Bradstreet, Inc., was $4,555,- 636,000, against $3,622,921,000 a year ago, an increase of 25.5 per cent. For the preceding week the advance was 214 per cent. At New York City clearings were $2,992,664,000, an in- crease of 31.6 per cent over the amount reported last year, while the aggre- gate for centers outside of New York City of $1,562,972,000 was 158 per cent .higher. The increase continued mainly at New York City and was due, in part, to the heavy losses reported a year ago. Clearings also were substantially higher at other points, every city con- tributing to the gain shown. The larger increases were at Philadelphia, Pittsburgh, Buffalo, Richmond, At- lanta, Detroit, Cleveland, Cincinnati, Louisville, St. Louis, Kansas City, Omaha, San Francisco, Portland and Seattle. & The total for the fourth week of August this year was $531,352,000 be- low that for the preceding week, whereas for the same two weeks of last year the reduction was $568,286,- 000. ~ Clearings for the final week of August usually are close to the low- est of the year. For the month the amount is well up with that for the earlier months of the year and above the total for the corresponding period back to 1931. Clearings for August, 1934, were the lowest in any month for many years. Figures at leading centers, showing increases, as compared with those of a year ago, are printed herewith; also daily bank clearings for this year to date: (Totals in thousands.) Watk Aus. Per cert Cleveland cinnati Baitimore san isc: Portland. Oreg. Seattle .. New York .. Total all Average dail. August to date ul Second a Pirst quarter _ NEW FIRMS CHARTERED. BALTIMORE. Au; Iut 2 Commission to new companies in Frederick §nd 8. Marys Counties and in Cumber- an¢ With a capital of $100.000. “Potomac ay” was incorporated to Scotland. &1 Peara P Graver of x.!"n r urm Torih est. Washinston, and Denson of Edm: Md. _Btock s Givided Info %.500 shares of preferred and 7.500 of common, each With & var Valne of 3100 Tue 32 6060 *N-R_Garment Co.. Ine." was chartered to conduct a clothing man leaning business at Wi ty 1t vas formed . Nicodemus. Mehrl L. Reddic Jearinette Five hun- authorized. In Cumbefllnd & charter w: the “‘Braddoc! Rl:ld RQ with § nnu 1 s divided into shares with : ar v:lua 018100 each ln:urpun'.ors of the company ll’:vfl Ty and w. | Foote: ller Barnard. Jr arl | Ritharas: ‘all of Cumberland. FOREIGN EXCHANGES. YORK August 29 () —Foreign sxxm'n" u-ruuhr issued to te »Gren Brit dem: lmy. dem-nd um‘ Belgium. Holiand. 67.83; ok . 49.40; uexlco cuy 1“ New York l.n e' York, °s».. WE RECOMMEND TEN STOCKS With an average age of 101 years and which have bpaid unbroken dividends for an average of 67 TS (Our Bulletin _deseribing these stocks will be sent on request.) ROBERT C. JONES & CO. Shoreham Bldg. MEt. 2022 “Complete Investment Service” |27 #).—Charters | the “State Tex | = FINANCIAL. LOW CAR STOCKS HELD G0OD SIGN Dealers Carry Only About 1519 K St. N.W. First Mortgage Notes 6% Interest . Secured on homes in the District of Columbia. Wm. H. Saunders Co., Inc. Dist. 1015 300,000 as New Model Period Nears. By the Assoclated Press. DETROIT, August 29.—Ore of the most recent surveys of the merchan- dising division of the motor car indus- try indicates that dealers currently are carrying approximately 300,000 passenger cars and trucks, a little more than a month’s output on an average level for the year. This situation leads manufacturers of motor vehicles to believe they have conquered another major problem of the industry—that of approaching the new model period with a minimum surplus on hand. Indications are that when the industry generally gets into | new model work the carryover of 1935 models will be the smallest the in- dustry has experienced in many years. Surplus Large in 1929, More than 1,000,000 units was the | surplus production of 1929, when the aggregate output reached 5,600,000 | cars and trucks. It required many | months for the dwindling demand to absorb this overproduction. The current volume of cars on hand figures out roughly at about six ve-| DIRECTORY COMMODITY BROKERS Member N Y i 2 Cnuun !x:hlnn embers Ch idlaw & Co. Westhelmer A. RUBBER—HIDES—METALS—SILK Jembers Commodity Exchange, tnc, Laidlaw & Co.__. Bf 2 Westhoimer & 6o A 500 Assets Over One Milliop Dollars %,/ ON. SAVINGS! “PRUDENTIAL BUILDIN: ASSOCIATION Becond Nat’l Bawk Bidg. ' 1331 G 3t. NW. Dls. 8270 hicles per dealer, including in the cal- culation units in transit as well as those on dealers’ floors. An even fur- | ther reduction of the total number on | hand is indicated in the firmness of retail demand and the sharp reduction in output o 1935 types during the last few weeks. There has been & material curtail- ment In production, although some producers found it necessary to re- s e assembly operations on current models after closing down for the an- nual inventory and vacation periods. These shutdown periods usually are | followed by full-speed operations on | new types, but consumer demand pre- | Prospectus on INCORPORATED INVESTORS A Mutual Fund Invested in High-grade Common Stocks Mailed on Request vented it in the case of several manu- | facturers. | Closings Are Delayed. Indicative of the trend of retail de- mand was the experience of several of the low-priced car producers this year. The Ford Co. planned to close on July 26 for two weeks. Actually, it produced 12,500 cars and trucks dur- | ing the week of July 29 to August 3, and when operations started up again on A: just 12 work was on 1935 models. In the case of Chevrolet, the labor troukle early in the year at Toledo | sharply curtailed production for a ' couple of weeks, but with its adjust- | ment the company started in again at high speed and has led the industry in total assemblies f~r many weeks. | U. S. TREASURY NOTES. By the Asscciated Press. ,The position of the Treasury on August | Receipts for August 905.4 exbenditures, e S ce. to; ance. 1810 toms’ receipts for 1. cxpenditures, 1. 38 ng $612.891.240.70 of emergency exnenduuus Dpenditures, ~$649.437,750 $29,0: u .a. 68K _eXCess ‘of ex- A g a dlecrnd“ of 8};<v under the_ previol ay; sets, Silm,.ufluiah bl Receipts xor Au(usz 2’1 parable "date $10 expenditure: s’ $2,202.560,261 the month, $20,32 Receipts for the fsc 553.95: expenduures. cluding $46: ‘mergency ex- penditures: ucess of exnenmwrzs $409.- | 044.537.18; gross debt. ~$27,080.365, 648.08; gold assets, $7,081,850.032.83. 1934 LONDON BANK REPORT. NDON. August 29 (P, se: serve increased 1050000 circulation de- | creased 876,000, bullion sner ased 174.000, ( other securities decreased 2.759,000. pub- | ‘The proportion of the bank’s reserve to | lability is 38.19 per cent, compared with 0,44, Jnst week. e of discount, 2 per cent. MORTGAGE ' Guarantecin ! Trade Mark Satisfaction . STEEL STORAGE CABINETS A necessity in every office, school, factory, store--wherever books, liter- ¢ ature, supplies, tools, etc., must be + stored.+ Adjustable shelves, strong lock, safe-type hamie. durable con- us today for quotatien i any quan- tity. an; Cases, Saskers, Safes and | - STEEL CABINETS STOCKETT- FISIKE CO ODUCING STATIONERS & ST N- L OANS THE TERM OF YEARS is one of our of the features in favor FIRST MORTGAGES as an investment for all objec- tives. You can reckon interest definitely; and with no rein- Over Forty Years of Experience First Mortgage Investments PROPERTY $50,000,000 TWENTY-EIGHT YEAR 4% SECURED BONDS Due August 1, 1963 Dated August 1, 1935 Offering price 100% and accrued interest Ceopies of the Prospectus may be obtained from the undersigned New York, August 29, 1935, vestment problems confront- ing you. B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N.W. _MANAGEMENT This advertisement is not, and is under no circumstances to be construed as, an offering of these Bonds for sale or as @ solicitation of an effer to buy any of such Bonds. The offering is made only by the Prospectus. Pennsylvania Company KUHN, LOEB & CO.