Evening Star Newspaper, August 31, 1935, Page 13

FINANCIAL, BONDS IN MIXED GAINS AND LOSSES u. Government Issues 0ff, With Foreign Loans Steady. S Ve BOND AVERAGES 10 10 1, For'n, +323 +.2 97.6 672 97.4. 67.0 975 68.4 842 638 98.6 704 84.5 65.5 889 70.0 73.7 68.2 60.2 400 646 422 98.9102.9 1005 10 Low-Yield Bonds. T'day cl'se 109.1 Prev.day. 109.1 Month ago 109.9 Yearago. 1065 1935 high 110.7 1935 low... 107.9 1934 high 108.3 1934 low_. 99.1 1928 high 1044 1932low.. 868 (Compiled by the Associated Press.) Ratls. mnua Net change. +.1 —. Today, close 021 9!6 98.7 99.1 88.2 99.1 92.2 929 1935 low-. 1934 high. 1934 low. By the Associated Press. NEW YORK, August 31.—United Btates Government issues slid off slightly in the bond market today while corporate obligations were mixed with gains and losses about evenly divided. Foreign loans were steady. In the Federal list, losses up to 4-32nds prevailed with the exception of Treasury 3s and Home Owners’ Loan 2%s, which were both a little higher. A number of rail bonds moved up fractionally, including St. Paul 5s, Great Northern 4':s, Missouri Pa- cific S5s, Northern Pacific 55 and Southern Railway 4s. Fractional losses were suffered by the following: Bati- more & Ohio 412s and Erie 5s. Among the industrials, Armour & Co. 4135, Phillips Petroleum 5%s, and Texas Corp. 5s gave a little ground. International Telephone 5s braced up a full point. American & Foreign Power 5s and Postal Telegraph 5s were off fractions. German 5!2s were down & little. Ttalian 7s were steady. CHICAGO, August 31 (®) —Scat- tered buying gave the wheat market | a firm tone early today. Trading was largely in the nature of evening up | accounts, however, accompaiied by talk that six days of sagging prices had put the market in a strong tech- mical position. Opening !4 k. lower to 32 higher, December, 8873a89, wheat later held | near the previous close. Corn started 3, off to 3 up, December 57a57%, and then showed little change. Some strength in wheat was asso- ciated with an early rise in stocks. Prices rallied more than a cent a bushel after the release of one pri- vate crop statement indicating a re- duction in the domestic Spring wheat estimate of 30,000,000 bushels during the last month. This report placed the crop at 152,000,000 bushels, com- pared with the last Government fig- ures of 176,000,000 and last year's production of 91,400,000. The report also said it considered the latest Gov- ernment figure for Winter wheat pro- duction was too high. Some traders, however, were in- clined to await other private crop re- ports to be released early next week. | Announcement of the Canadian ‘Wheat Board's minimum price for cash wheat also was awaited. The crop report issued today esti- mated corfl production at 2,144,000,000 bushels, compared with the Govern- ment August 1 figure of 2,272,000,000. New crop corn deliveries rose almost a cent, while the September contract displayed less strength because of scat- tered liquidation. Oats showed little change, while provisions were higher. ember — OBob. 8L A g0 RYE— Beptember .. Recemver 2 RLEY— 1362 1386 Chicago Cash Market. Cash wheat—No. 2 hard, 1.06; No. 2 mixed, 86. Corn—No. 2 yellow, 76- 76 ; sample grade, 66-68. Oats—No. 3 white, 25!2-29; sample grade, 23%- "26'. No rye; no buckwheat; no soy- beans. Barley—Nominal feed, 35-48; malting, 50-70. Timothy seed, per hundredweight, 2.50-2.75; clover seed, per hundredweight, 10.25-16.35, MONTREAL SILVER. MONTRE, Ag, August 31 (#.—Silver fu- hm. closed firm. unchanged to 30 higher. Bales, seven contracts. oL B Nominal. CHICAGO PRODUCE. SHICAGO. August 31 (P—Butter. 13. 2 Prices unchanged. Egi 8 "eaty: drices unchanged. Foutry mlrket closed t ;on total United ., 27 a B 4:.4:"? o Y un weig! e ashe 28’ jo: New Jersey Cobblers. ‘: SHORT-TERM SECURITIES. H (Reported by Ghas. D. Barney & Co.) 1 Co. 5s 1937 Uhl me.rt oo 18 % - 107 t. L. 45 1937 1 il S 18 “g i e iy o 101 102% s iAL =t ‘0‘ Blas 'im,... lnn Steel 55 1 m}l o o 5)-:. 58 19372 193., | Can'dian Pc dbesperp o 81 0 THE EVENING STAR, WASHINGTON, D. s 5 ®3 A_13 e Y ¢ e g E e e e B ittt B o .ol NEW YORK CURB MARKET BONDS ON N. Y. STOCK EXCHANGE ny.nm.mmun-m Amhmm U. 8. Gov't Bonds.e... § 300,000 Foreign Bonds... 490, Domestic uu- 2,530,000 I.III.RYV. Hizh. Low. Oloke, 4tk ¢3(51933-38. 1011 10031 1011 TREASURY. 2%s51965-60.. 9928 9924 9926 e 1029 1026 1029 8 195156 -—wewne 10214 1028 10214 31481946-49__. 10813 10813 10318 3%81949-62... 1084 108 1034 3% #1941 -ceum 10722 10719 10722 3148 1944-46__. 10430 10430 104 30 333 1940-43 June luoo 10630 10830 10' 11 109 12 10912 ¥ 1943-46 1058 1068 1058 :1‘2:’1‘#"-‘2.-... 11617 11617 11617, FEDERAL FARM MORTGAGE. - 101 101 101 . 100 23 10023 10023 OME OWNERS’ LOAN. 2% ::u-u...._ 9918 9916 9918 381953 ceneonmmmr 10019 10016 10018 FOREIGN IOND& Abitibl ‘1;.:;' 'l.-"ll W'm Argentine L Sand = oy 5% 103% 103% 103% 91 91 9 30% 30% 30% - 1013% 101% 101% eewer 105 105 105 111% 111% 111% 5% b4 & 64 18% 18% 19% 23 2% 36% 5% 56% 14 104% 104% 104% 1013 101% 101% - 111% 111% 111% 9% 9 @ 614 18% 6% 18% 19% unmat cou on..... Buenos A 6s '61 st Pv BuenosAé s 61stPv. Bulgaria 7%s '68 May coupon off.. Canada 48 Canada 4%s Canada 58 ll Fobr..._ Chile 63762 _. Chile 7s *42___. Chilean Mun L 7s'60. Colombia 6s 61 Oct... Costa Rica 7s°51 A May coupon on. Czechoslovakia 8s ‘51 Czechoslovakia 85 52 Denmark 435 ‘62 Denmark 65 °42... Finland 6%s'56 Frankfort 6%s French Gov 7s 49 | Gelsenkirchen 6s ‘34 Ger CBk A 6s'38____ Ger C Bk A 6s 60 Oct. Ger Gov 513865 __. | Ger Prov & City Bk con Ag 6%8'58... Ger Rep 7849 GrtBr&Irb GrtCElJap6 Haiti 6862 Hung LM 7% | Hung LM 7% Irish Free St 58 '60__. ltaly 78°61.. Japan 5%5 €5 Kreu&Toll 68’594 cfs Lombard E} 78'62 Low Aus HE 63%8'44. Oriental Dev 5%s'58 Pernam 7s 47 Sept coupon off ... Peru 6860 e Peru 7s '5! Poland 7s ‘4 Prussia 6%s '51 Rhine W EI P | Rhine W E1 P | Riode Jan 63% | . Augcouponoff __ ‘ Rio Gr do Sul 7s '66 May coupon off . Rome 6338 ‘52 Sao Paulo St 65’68 July coupon off__. Sao Paulo St 8550 Snbreonpanlatt ‘Tokio El Lt 6s'53_. Uruguay 68’60 ... Yokohama 68 '61..... DOMESTIC BONDS. AlaGrtSouds’43 __. 99% 99% Alb Per W P 65 '48_. 4 M Alleg Corp b3 76% 76% Alleg Corp b8 '50.. 23% 23% Allied Stores 434850 94% 94% Allis Chalm §8°37 __ 100% 100% Am & For Pw 682030 715 T1% T71% Am Icecv 5363 __.. Am1GChb%s'49.. lll 110!( 109% 109% Am Int] 538 ‘49 Am Roll Mill 4348 *49 100% 100% 100% 109% 1094 109% Am Smelt & R 53 '47. Am T & Tcltr bs'46. 112% 111% 112 111% 111% 111% Am T & T deb 53 '60... Am T & T deb 68 '65.. 112% 112% 112% 50 50% AmT&TE%8'43 . Am Type Fd 6840 51 mzv/. 101% 102% 88 1‘& 17 17% Am Wat Wks Am Wat Wks 108% 103% 103% 93% 92% 93% Anglo Ch Nitr Armour & Co 4%s ‘39 104% 104% 104% 105% 105% 105% Arm’r(Del)1st 48 ‘55... Arm of Del %843 A T&S Fe 48°05-'56 .. A T&S Fe 45 '09-'55. A T&S Fead 48| A T&S Fe gn 4895 At1 & Ch A L 4%s "44. 100% 160% 100% Atl & Char AL 68°44_. 102 102 102 AtlCoast Lelt4s°63. 74 73% 74 Atl Coast L clt 68" ¢ 102% 102% 102% 108% 108% 108% T% 103% 103% 103% n NN T0% 80% 98 95 - % s 84% 122% 122% 122% 111 111 8% 8% 32 33 ‘34-o. 11% 11% 11% 2 B.. 108% 108% 108% N Bklyn Un Gas bs'50. 105 104% 104% RaPooneysl 63 €% 63 Bush Tarm n 55.. 40 R Canada Sou ba 62 A 112% um um 90, 51 109% 109 Clll ‘'dian Nt R4 %l‘l' 123% 128% 128% Cln‘dlln Nrdb 7840 103% 103% um Can'dlan Pe 4% 100 lW Caro Cl & O 68°52 Al 108% msu 108% Cent Dis Tel b8 108% 1 Cent Il E&G Cent N Eng 4s Cent of : j 4 ent of (clcnt Pac 1st rf 4549 XWA 100% 100% Cent Pac 63’60 86% Cert'd deb 6% 7% | Chesap Corp 65 *47.__ 105k 108% 105% 93 116% 115% 115% 09% 109 5683000 6% 6 16% 16% IP% % | Fla BC Ry 6874 _. 104% 104% 1043 | N ll 12% 13% 28 Eii 124 12% 13% 1::: e . 9TH ' 9 97% 2 108 106% 105% 105% 105% 105% 99% 99 99% - 104% 104 104% 109% 109% 1m 00 -4 % 298 35.: g “E* s;ge @ Columbia G& 65°61. Col & H Val ext 4848 ColRPL 18t 4%s’67 1 110 uo uo 106% 106% 1068 111% 111% 111% 374U 3% 3TH 1. 107% 107% 107% . 106% 104% 105 106 106 106 28 28 28 - 104% 104% 104% 102% 102% 102% 49 48% 4l 1067% 105% 105% 80% 81 9% 9T% 9 ° 814 8% " mw. 10'1% lfl'l!/. Dul fl!l‘!ll'i"—. Duqu Lt 4%s'67B._.. 110% HD% llo‘i 9 % 8% % 99% 14% Fla ECRy 68'74 cfs. Gen Cable 5% * 98% 108% 108% 104% 104 104% 104% 104% 104% 102% 102% 1027 104% 104% 104% 86 86 86 86 85% 86 92 92 92 9% 97T 9T 921 914 91y 115% 115% Hudson Coal 68532 Hud & Man inc s °67. Hud & Man ref bs '57. 111 Cent col tr 48 53 Gr Tr'k of Can 68 Gr Tr'’k of Can 78 GtNRrefd4%s'S1A. GtNRgen 4% GtNR gen 65'73 C.. GtNRgenTs'86A__ Int RT 6s'332 IntRT 7833 Int Cement IntT&TGs KanCFS&M LVNY ¢¥%s'40gtd_ LV Pacon 4%s 2003 Leb V RR con 6s 2003 La&Ark5s'69__ . Long Isl unif 4s'49__ Lorrillar@ 68’51 ... 1 L&N4%82003C.. L &N 652003 B L&NStL3s's0. uuKelle I%I'BD. m 9% 981y 33 ] 22% 24% 39% | 25% 26% 25 MStP&SSM rf 65'46A Mo 111 65 '59 MOK&TG6s'62 A __. Mo Pac 68’77 Faee... Mo Pac§8'78 G.oo-.. Mo Pac 5880 Hoooeo. Mo Pacb6s'811______ Mo Pac 5%s ‘49 A Mohawk & M 45 °91 Monong Ry 1st 45 '60. Mont Cent 58 '37.. Mont Pwr ref 55°43 Mont Pwr 5362 A Morris & Co 4%8'39. Mor & Esx 3%s 2000 Muiray Body 6%8 ‘43 25% 6% 83 103% 1013 106% 105 141 1087 108' 3 103% 103h 104% 104% 801 803 80% 80% 4% T3% 93% 93% 95% 95% 83% 83% 67% 67% 674 67T% 7 734 111% 111% North Am Ed 6%s 63 100’ NornOT& L 6847 109% 109% 109% Nor'nPaogen3s2047 73 T2% 173 mn.uwa- C., SATURDAY x TRADING IS [lUIEI 2| ON CURB MARK M ] Handful of Utility Issues 6 6 69 101% 101% 101% 51 51 51 108% 103% 103% . 99 99 99 108% 108% 103% 9 99 99 0% 0% 90% 25 25 25 121 121 121 110% 110% 110% 106 91K 1% 26 SIK 96 18% 18% 88% 88| 87T% 88% 58 58 61 61% 105% 105% 106% 111% 111% 111% 20 UnOCalés'43A Un Pac 18t 48 '¢7..... Un Pac 4847 reg.... UtIP&L5%s "l... Va E&P 1st rf 68’56 A 1] Willmar 8 ¥ b8 "4 106% 106 105% Youngtn S&T 58’70 B 98 977% 98 Youngtn S&AT 68’78 A 98 9% 9% Baltimore Markets 4 | 8pectal Dispateh to The Star. BALTIMORE, Md, August 31.— White potatoes, per 100 pounds, 452 70; cobblers, barrel, 1.00al.15; sweet potatoes, bushel, 75a90; beans, bushel, 75a1.10; beets, *100, 1.00a2.50; broc- coli, crate, 2.00; cabbage, bushel, 15a 20; celery, crate, 60a2.50; carrots, 100, 1.50a2.00; Caulifiower, crate, 1.25a 140; corn, dozen, 8al2; eggplants hamper, 20a25: cucumbers, Lamper, 25a35; lettuce, Boston, crate, 40a7s, iceberg, 3.2583.75; lima beans, hamper, 40a60; onions, 50-pound sack, 40a 90; peas, bushel, 1.50a1.90; peppers, hamper, 15a25; squash, hamper, 20a 25; tomatoes, hamper, 15a35; apples, bushel, 50a80; cantaloupes, hamper, 20a40; grapes, Concords, be'et, 12a 13; peaches, hamper, 40a60; pears, bushel, 1.00a1.50; watermelons, each, 5al5. Dairy Markets. Live poultry—Young chickens, broil- ers, 21a24; Leghorns, 19a21; oid hens, , | 17821; roosters, 12a13; ducks, 12al5. Eggs—Nearby current receipts, per “ | dozen, 28a30; hennery whites, large, 34a35; medium, 31a33; Southern, 24a 25; receipts, 807 cases. Butter—Good to fancy, creamery, per pound, 25a27; store packed, 14a 15; rolls, 14al5; receipts, 379 tubs. Tobacco Market. Maryland leaf tobacco firm; leaf, nondescript, 3.00a4.00; common, 4.00a 10.00; medium, 10.00a30.00; good, 30.00 | 250.00; fancy, 50.00a55.00; seconds, | { common, 3.00a7.50; medium, 8.00a 18.00; good to fine, 18.00a45.00. Sea Food Market. | Bluefish, per pound, 3a8; | butters, | 3a8; carp, 2a5; catfish, 3 ; eels, 3a5; , | flounders, 3a6; perch, white, 6al12; | yellow, 6al2; salmon trout, 10a15; box, 6.00a12.00; croakers, box, 1.00a2.00; | gray trout, pound, 8al2: box, 6.00a 10.00; clams, per 100, 30a80; snappers, 6a10; shrimp, per pound, 5a10; spots, ,per pound, 5al0; crab meat, pound, | backfin, 50; special, 45; regular, 30a 35; claw, 20; crabs, per barrel, 7.00a 9.0C; soft crabs, small, dozen, 30a36; | medium, 60a75; large, 1.2581.40; frogs, | dozen,” 1,50a2.50. | TREASURY IS DRAWING ON RESERVE BANK CASH By the Assoctated Press. The treasury has drawn on its cash and deposits with Federal Reserve banks to help meet'its deficit, pend- ing heavier receipts and additional borrowing. Its cash balance is sub- stantially below that on hand a year nounced policy of maintaining lower reserves. ‘Treasury cash and deposits with Federal Reserve banks compare as follpws: Week ended August 28. $2,683,000,000 Preceding week._.._.._. 2,722,000,000 Same week last year. 2,944.000,000 RAYON OUTPUT GAINS. NEW YORK, August 31 (P.— Rayon and silk production by stock mills during the week of August 24, according to the National Federation of Textiles, Inc., showed an increase of 4.9 per cent over the previous week. NEW YORK BAR SILVER. NEW YORK, August 31(#).—Bar Bilver quiet and unchanged at 653;. SRR BALTIMORE STOCKS Special Dispatch to The Star. PALTLI( RE. August 3" Nor'n Pac 4897 - 102% 102% 102% Nor'nPac4s’97reg.. 98 98 98 Nor'n Pac 438 2047... Nor'n Pac 55 2047 C.... NornPac6s2047 ... 97% 97 97 Nor'n St P 6s°41 B... 108% 108% 108% Ogden L C4s’48__... 30 30 30 Ore Sh L 5546 gtd__. 118% 118% 118% OreWRR& .N‘h 10;% 103% lggv: 40% 83 83 83 92U 924 924 5 94% 93% 94% | 4125 M 30 30 30 |4 103 103 103 1D_. 104% 104 104% |4, 4 113% 113% 113% 102% 102% 102% 105 104% 105 89% 89%. 89% 99% 99 99% 105% 105% 106% 106% 106% 1065% o Esasszs é, 25 g H : v Oug j 3323; ann pe Ghbhabnk Ak S oIl geRRaR2R2NRRR g ERQ® £ £ g FEDERAL LAND BANKS NEW YORK. August 31 (#).—] 1 Land Bank bonds: P s ettt 333 July 3%s May 38 July NEW YORK BANK STOCKS 'n“""?m t ai‘I’fl .—New York o . mvinznns ANNOUNCED NEW YORK. Ausust 31.—Dividends de- %wwwmm) T 10 10-1 -10 o2 %flig_&ifi § 1.7 Q 3 ll au-l. ago, in line with its recently an- |28SRCY. Edge Ahead for Frac- tional Gains. By the Associated Press. NEW YORK, August 31.—Prices slid along on an even keel in quiet trading in the curb market today. A handful of utility issues edged ahead for fractional gains and & few spciality shares were up as much as a point. American Super Power, Electric Bond & Share and Niagara Hudson Power were up fractions. American Hard Rubber, American Potash & Chemical and Sherwin Williams were up about & point. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, August 31.—The fol- lowing is today’s summary of corpo- ration news prepared by Standard Statistics Co., Inc., New York: Waco Aireraft Co.—Company has unfilled orders on hand for 65 planes compared with 26 planes at this time & year ago. Ford Motor Co—It was reported the expansion and modernization program at the Rouge plant of the company, which was tentatively planned & year ago to cost about $20,000,000, will ultimately cost more than $30,000,000; further expansion of company’s units, will boost total expenditures to nearly $32,000,000; the entire program is expected to be completed by the Summer of 1936. stated that General Motors will spend $2,500,000 for a new plant in Ger- many to make Opel cars. Willys-Overland Co—It was said | company will reopen its forge shop September 3 with 1,000 workers in preparation for reopening of assembly line on October 14 when the first of the 10,000 cars authorized in court order of July 30 will be run off. Fisk Rubber Corp—Federal Court, Boston, issued an injunction to this company restraining internal revenue collector from collecting $105,204 processing taxes from Fisk Rubber Corp. Eitingon-Schild Co.—Deficit after $150,000 credit from a special con- tingent reserve, in 6 months ended June 30, was $24,189 vs. net income of $273,950. Wilcox (H. F.) Oil & Gas Co— Deficit, 6 months ended June 30, was $54,794 vs. deficit $91,736. | Crown Willamette Paper Co.—July | quarter first preferred share earnings | were $2.49 vs. $2.30. Crown Zellerbach Corp. — July quarter common share earnings were 7 cents vs. deficit of 6 cents a com- mon share in quarter ended July 31, 1934. Ludlum Steel Co.—Company has| acquired control of Wallingford, Conn,, Steel Co. through purchase of | majority stock. United States Steel Corp.—Sub- sidy, Carnegie Steel Co. announced & new price set-up for hot rolled car- bon steel bars whereby large buyers would pay 5 cents per 100 pounds less than at present. Amoskeag Mfg. Co.—Price for com- pany’s worsted fabrics was increased 5 cents a yard. Empire Gas & Electric Co.—Direc- tors of company have taken no action with respect to dividend of $1.50 a & share due September 1, 1935, on 6 per cent series A preferred stock; | stockholders, however could receive payment of dividend on surrender of certificates for stamping together with an assignment of their rights to pay- ment to transfer and coupon paying Utilities Power & Light Corp.—De- ficit, 12 months ended March 31, was $398,342. Briggs & Stratton Corp.—Company’s sales for July and August were said to have been the best since 1929. New York Cotton By the Associated Press. NEW YORK, August 31.—Except for further switching from October to later months and routine trade opera- tions, cotton was quiet today, with business attributed largely to pre- holiday evening up. December cotton sold off to 10.33 and closed at that figure, with the general market clos- ing barely steady at net declines of | 8 to 12 points. Cotton futures closed barely steady at net declines of 9 to 10 points. Cottonseed oil closed steady; prime Summer yellow, 9.75-9.95; prime crude nominal. , 9.73b; October, 9.65b; December, 9.35b; January, 9.40b; March, 9.50b. b—Bid. INVESTING COMPANIES RE A o J“m’ YQRE August a1 n! % Nn‘:ork apbie i 315 GG O B o RO c General Motors Corp.—President AAUGUST 31, 1935 ummmumm lm. Shore M(12) — FINANCIAL OPTIMISM RULES | BUSINESS CIRCLES Sockend Selee s oo d Rate. Add 00. Lehigh C&N(50¢) i m« ‘“ Lone Star Gas 30c & !v- !\« Long Island Light § & 1 | Long Island Light Am Cities PEL B Am Cynam(40¢)B 3 | Mem Nat G(a10c) 4 345 34 34% 758 106% 106% 106% Am Hard Rupber.100s 22 Am Lt&Tr (1.20). 4 14 Am Maracafbo.... 1 % Am Meter Co. ... 1508 lfli 16% ll% Am lumv v!.... Appalachan El Pwr pt (n.__. 203101% 101% 101% Ark Nat Gas. 35 Asso Invest (30c). 50s Atlas Corp (a30e). 10 Atlas Corp war.. 2 AtlasCorpf A @ 1 Auto Voting Machine (150¢). 2 BlissCo (EW)... 1 Brazil Tr L&P.. 1 Brown Co pf ... 1008 Blue Ridge Corp_. 4 Blue Ridge pf (3). 1 Bower Roll B (1). 7 Bridgeport Mach. 2 Bunker Hill&Sul_ loo- Butler Bros. . Can Indus Alco A. 2 84 Carib Syndicate.. 1 2% Carrier Corp.eeen. 12 12’/- Catalin Corp._ 1 Celanese pf (7)...100s IM 10’% 109% CentP&L 7% pf (1%)_...100s 34% Cent&SW Utl__ 23 1% Cent States Elec.. 14 1% Cent States Eleo ev pf (new).__. 50s Cent States Elec Lo RS Cent sz El6% pf_. CentrifugalP(40¢) 348 11 1% 10 348 508 Club Aluminum.__ Columbia Gas & Elec cv pf (5) Como Mines.. Consol Afreraft... Cons Copper ... Cons Retail St_ Cooper Be: Cooper B Croft Brewing _.. Crown Cork Intl A ($50c) Det Gray {ron & Foundry (b10¢). Dictograph Prod.. Distillers C-Seagr Duval Tex Sulpb.. Eagle Pitcher Ltd Eastn G&FpfA(6) 2! Elec Bond&Share. Elec Bd&Sh pf (5) Elec Bd&Sh pt () El Pwr Associates Elec Pw & Lt El Pwr Assoc (A). Elec Pw&Lt 24 PLA oL ws (!1&.) 1008 Emp G&F 6% pf_. 258 Equity Corp.___.__ Ex-Cell-O A&Tool Fairchild Aviat'n. ff Brewery.. steel Prod Fisk Rubber_ Ford M Can A 1%. General Electric Ltd reg(a37%c). Gen Invest Corp_. Glen Alden C (11). Gold Seal Elec___. Gorham pf ww... Gorham (A).__ Grand R Var (50¢c) G Atl & Pac ‘Tea 1st pf (7). Greenfleld T&D.... Guif Ollot Pa . Hecla Min (al0e). Heyden Chem(11) Holly Sugar. Hudson Bay Min & Sm(as0c) 12 Humble Oil (1) ___ Il Pw&Lt 36 ot 400s Imp Oil Ltd coupon (160¢).. 1 Imp Tob Can 3 9 1 60% 9% 4T 82 9 4Ty 821y 15% 151 5612 57 34 35 19% 194 Intl Hydro Eleo System cv pf___200s ntl Mining war__ 2 Int Petrolm(t1%) 1 Intl Util (A).. Intl Util (B).. Interstate Power (Qel) pt. . 10s Kirby Pet (a20e) . 1 Kreuger(G)prew. 1 1-pound prints (90 score). ound Drints (88 score), 6: 11220: veal 15 20; pork loins, fres Ei]] ams, 2782 stri B4a37; lard, FeTY Sompound, 415 Prices by the umm States Bureau of Agriculaural Econom! EOGS_] Mesiy at unchanged Idlr et eSS oocchsional premium being paid on re- Emall lots Of fancy. quality. 26a27; hennery whites, avera; . ‘large, 31a33. ' Governmen d white eggs lln:lndlnl ng costs): U. 8. ex LIVE PO &—unk-t barely steady, ll"\oulh 1-cent premium paid lots of mixed colored chickens. Fowl: Col- red, heavy. 16a19; mediums. 15: Leghe 14; roosters, Spring chickens: horns, 19a20; leouch Rocks. average, % a21; 1 2a24, with only & few at top Guotations; mixed colors "3 BIDS FOR U. S. ISSUE TOTAL $163,863,000 Secretary Morgenthau announced today that tenders for the $50,000,000 273-day Treasury bills dated Septem- ber 4, 1934, totaled $163,683,000, of which $50,046,000 was accepted. The bids ranged from $99.909 to $99.870. SHEET PRICES ADVANCED. NEW YORK, August 31 (#) —Fur- ther evidence of the-determination of cotton goods mills to increase prices was seen in the market reports that low-end unbranded sheets have been advanced about 5 per cent. NEW YORK PRODUCE. NEW YORK, August . —Butter, e A g BRI g ey poultry unsettied. All' fresh b oy Al mi; colors, Eegs, 15.545; white 'snd brown eegs U. §. TREASURY POSITION. By the Associated Press. 'nu udmummnw August > gy m lv-l (llw Jll 091“ 24 1 2% 4% “'/t N 3, | Pac Light's pt 74 | Seton Leather____ 108 125% 125% 125% | 1. S | 6 6 6074 | ship PLB (6) ... 25s 68 Louisiana LAEx. 2 T MeWiil m.a.umso- 40% Msryl'd Canualty. 2& 4! Improved Tone Is Evident Except in Soft Coal and Utility Fields. Special Dispatch to The Star. NEW YORK, August 31.—*“For the frst time in three years business en- ters the Fall season with something akin to the sense of freedom that held sway in the ‘good old days'—utility and soft coal industries excepted.” Business Week reports in its issue today. “Steelmakers’,” it adds, “failure to | post fourth-quarter prices, as for- merly required under the code is symptomatic. Again, cotton markets have been freed of some of last year's artificiality by the new 10-cent loan provision replacing the 12-cent guar- antee of 1934. In some industries the ‘new-lease-on-life’ attitude 1is ex- | plained by the failure of such regu- latory measures as the Walsh, food and drug, and oil control bills to make the legislative grade.” “Business Week's inglex of general business activity continues to climb into new high territory for 1935, in- creasing its magin over the past three years. Steel and motor production slackened pace as Labor day ap- proached, but such temporary reces- slons were expected and do not mar the present outlook. Construction | volume in early August again jumped to high levels for 1935, with daily average awards running close to $7.000,000. “Carloadings crossed the 1934 level | for the first time since early June as agricultural products began to mpve in greater volume. Currency circula- ;mn‘ a measure of retail trade, is | making its usual late Summer gains. | Electric power production, feature per- | former of recent months, is still .. | reaching for bigger and better records and has now surpassed every week on record except two in December, 1929, Before the year is up even these will » | be left behind.” a Middle W Ut (d).. 33 Midland Stl Prod. Minn Mining & Mfg (160c). 258 Nev-Cal El pf (4) 268 NY T.;lnull (30¢) Nor Am L&P pf.. 150s Nor Am Util8ec.. 2 3 Northern States 2 3 Power (A).. 6% 16% 16% - 208107% 10722 107% Olro Pwr pf ( ) 258101% 101% 101'% Pantapec Oflnew- 1 214 2% 2 Parker Rust (3)._ 50s 65 55 Pennroad Corp .. 21 2% 2 Penn P&L pf (7)... 20- 103‘1 103% 101‘ Phoenix Secur.... 2% 2% 2% Phoenix pt (3 l 36% 36% Pie Bakerfes(60e). 1 8% Pitts& L B (23%). 30s 7 689 Potrero Sugar 2 2 Prod Royalty 2%¢ 6 4 Prudent Inv pf(6) 1 Puget Sound Pw & 100s 3h"¢ 8% | 70 2% Richfield 0Oil (Cll) prior (d).._. Root Petrolmeum. Root Petrolm pf_. St Regis Paper___ St Regis Paper pf. Salt Creek P(80c). Selec [ndustries allot ctfs (3%). Shattuck Den Min Sheaffer Pen (al). Sher-Wilms (4) __ Shewin-W pf(6).. | Sonotone Corp ... South Am Gold & Plat (40c).___. Southn Colo Pw A. South'n Nat G (d). Southn P L (30c) - 8tand Ol Ky (11). Stand Pwa&Lt____. Stand Pw&Lt pf__ Starrett Corp. Stutz Motor. Sunray Ol Sunshine mx.zo). Swift Intl (2)_ Swiss-Am El pt__. Swiss Oil (40¢) Tasteyeast(Del)A Technicolor Inc.__ Teck Hughes(40c) Texas Guit Prod_. Texon O&LA (60c) Tob Prod Ex(10c) Tubize Chatillion. Unit Afr war__... Unit Corp war___. Unit Founders.... Unit Gas Corp._ Unit Gas Cor war. Unit Gas Corp pf. | Uait Lt&Pw (A).. Unit Lt&Pw B._. | Unit Lt&Pw pt_.. U 8 Elec Pw ww__ U S Foil (B) (60e) Unit Verde E 40c | United Wall Paper | Utibiues PeeL | Utllity Equiti Utility & Indu: Utility & Indus pf Walker (Hiram)._. Walker (H)pt(1) ‘Wayne Pump n(d) W Va Coal&Coke Westn Atr Exp(n) West Tab&Sta (1) Woodley Pet (40c) Wright Harg teve 3[ 1U7‘. 107: 106% 107 - B @ 3 & Money Available At 5Y,% and 6% —for Pirst Mortgage Loans D. C. residence or small pro; ties” Building loans sidered. Charges reasonable. Wm. T. Ballar 1221 Eye St. N.W. ©Soar @ PSSP Real Estate Mortgage and Guaranty Corporation 1610 K 81 N.W. Phone Nat. 1408 First Mortgage Notes 60/0 Interest Secured on homes in the District of Columbia. Wm. H. Saunders Co., Inc. 1519 K St. N.W. Dist. 1015 Byrnes Says Southern Growers Mortgage , 8. C., August 31 (#). —Senator James F. Byrnes said in an | address here last night that Southern | cotton growers “have everything to | gain and nothing to lose” if they will | co-operate with the Government “to avail themselves of the 10-cent loan | instead of dumping their cotton.” i —_ —— . A. G. E. PLAN TERMINATED. | NEW YORK, August 31 (#).—As- sociated Gas & Electric Co., it was announced today, has tentatively de- cided to terminate the plan of re- arrangement of debt capitalization, which has been available to debenture | holders of the company since May 15, 1933. Enactment of the Federal util- ity legislation has made advisable an earlier culmination of the plan than had been previously intended, it was stated. For CONSTRUCTION LOANS AND LOANS ON IM. PROVED RESIDEN- TIAL PROPERTY in the District of Columbia and Nearby Maryland. 529 Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 First MortGaGe Loans District of Columbia, Nearby Maryland and Virginia 5% Terms from 3 to 15 years RANDALL H. HAGNER & COMPANY NCORPORATES MomraacE Loan SoaDord L Fuverance Conpony 1321 Connecticut Avenue N.W. Telephone: DEcatur 3600 Property Management Automobile Insurance flrJ Insurance int us your counsellors on fire - nn automobile insurance. We look after every detail—proper coverage; prompt settlement in case of loss, ete. Fire and Automobile Insurance B. F. SAUL CO. REAL ESTATE Mepndrionsauare National 2100 925 15th St. N.W.