Evening Star Newspaper, September 9, 1935, Page 16

A—16 *** TRADING ON CURB 1S SLIGHTLY DOWN Few Industrial Specialties Are Exception, However, in Today’s Market. By the Associated Press NEW YORK, September 9—With the exception of a few industrial spe- | cialties, the price trend tilted mildly downward in the curb market today. Pittsburgh Plate Glass got ahead nearly 2 points at 797 and Sherwin- Williams improved more than a point | at 10973, Parker Rust-Proof lost 7 points at 46, but most declines were merely fractional, including Swift Interna- clonal, Sunshine Mining, Electric Bond & Share, Distillers Corp.-Seagrams and International Petroleum. FINANCIAL. By private wire direct to The Star. Stock afid Sales— Dividend Rate. Add 00. High. Low Clote. Ac'e W vtcadT%e 4 29 27% 29 Aero Supply (B) 3 2% 2% 2% Ainsworth (al%) 1 39 39 Ala Pow pf (8) 108 65 66 AlaPwrof (1) . 208 76 75 75 Allied Mills(a26e) 5 17% 17% Alum'n Coof Am 150s 50 59_': Alum'npf (1%) 1508 96 96 Am Ct P&L A (3) 300s 45 45 AmCitiesP&LB 12 5§ 5 Am Cvnam(40c)B 46 25 2415 Am&For Pw war. 1 4% 4% Am Founders _ 8 # i Am Gas&E (1.40) 18 35% 3! 36% Am G&E pf (6) 100s106% Am Hard Rubber.200s 23% 28% Am Lt&Tr (1.20). 4 134 13 Am Maracaibo 2 5% L Am Meter Co 268 16': 16'% Am Superpower . 35 24 2% Angostura (120¢). 8 6% 2 6% Appalachan Elec : Pwr pf (7) -—--. 108103 1033 1035 Ark Nat Gas 23, Ark Nat Gas 2% Ark Nat Gas cu pt Art Met W (40¢) AssoG&E AssOG&E (A)._ THE EVENING Stock and Sales— Dividend Rate. Add 00, Dictograph Prod. 2 Distillers C-Seagr 100 Doshler DieCast. 5 Dow Chemical (2) 1 Driver Har(a25c). 2 Duval Tex Sulph 20 Eagle Pitcher Ltd 2 Eastn G&F Asso Bastn GEFpfA(§) 150! Eastn States Pw Elec Bond&Share 203 Elec Bd&Sh pf (5) 2 Elcc BA&Sh pf (6) 3 Elec Pw&Lt 24 ptA . 258 El Pwr Associates 2 El Pwr Assoc (A). 3 Elec Sharehld'g of ws ($1%) 50s Emp P part(350¢c) 1 Equity Corp 122 Kx-Cell-O A&Tool 24 Fairchild Aviat'n. Falstaff Brewery. Fanny F C (60c).. Fansteel Prod .. Fedder Mfg (A) Ferro Enam (80c) Filat rets (a81%c) Fidello Brewery.. Fisk Rubber._ __ Stock and Sales— Dividend Rate Add 00. High. Low. Close. STAR, WASHINGTON, NEW YORK CURB MARKET QUOTATIONS Mont Ward A (7). 10a138% 138% 18:'/. Mount Prod (60¢). 5 Nat Service. . Nat Sugar N J(2)- Neptune Met (A)_ New Brad O (20¢) NJ Zine (2) NewMex&ArizLd. Newm Min (al) N Y Auction___ 4 N Y & Hond (+1)_150s N Y Tel pf (6%). Niag Hud Pw_ 11 2 Nipissing(al2%c) 2 North Am L&P__. 13 Northern Pipe Line (50c).. Northern States 3 2 3 508120 120 120% T T 247 2% 2% 27 6'5 17 13 26% -C., MONDAY, Stock and Sales— Diyidend Rate. Add 00. High. Low. Clo! Texon O&Ld(60c) 10 5% 5% 5' Tobacco & Allled Stocks(al1s) 26s 66 * Trans-Lux Daylite Pic Sn (20¢) 54 3% Tubize Chatillion. Tung-Sol Lamp _. 65 Tung-Sol L pf (3) Unexcelled M al0c Union Gas (Can) Unit Carr F (1) .. Unit Corp war. Unit Dry Dock(d) Unit Founders... 24 Unit Gas Corp. 70 Unit Gas Cor war. 7 Unit Gas Corp pf. 15 Unit G&E pf (7).. 708 Uolt Lt&Pw (A).. 15 Unit Lt&Pwpf. .. 25 Unit Molasses Ltd (a%c) .. Unit Profit Sl Unit snoo Mach (123%) . ----1508 Unit Shon Mach pf(1%) __ USEIPwws___ U S Foil (B) (60e) 3l US & Intl Secur . 1 1 5 1 1 1 1 1 6 1 SEPTEMBER 9, 1935. STEEL MAY PASS NORMAL PICK-UP New Large Tonnage Proj- ects Reported to Give Mar- ket Broader Outlook. By the Associated Press. CLEVELAND, September 9.—Dom- inant factors in the steel market, says the weekly review of the magazine Steel, indicate the industry is enter- ing a period which is expected to develop somewhat more than a normal pick-up during the Fall months. Iron and steel bridged the Labor day holiday with scarcely a tremor, with finishing mills suffering some losses because of the Monday shut- down and ingot production slipping only a half point,. to 52 per cent, sald Steel. FINANCIAL, REVISED COTTON ESTIMATE ISSUED World Consumption of U. S. Product in Past Season 11,249,000 Bales. By the Associated Press. NEW YORK, September 9.—Wonrld consumption of American cotton dur- ing the season ending July 31 totaled 11,249,000 bales, according to a re- vised estimate issued today by the New York Cotton Exchange Service. The preliminary estimate of the service was 11,314,000 bales. ‘World Carryover. ‘World carryover of American cotton at the end of last season, on July 31, was 9,043,000 bales, according to the revised estimate. whereas the prelim- for consumption by Germany which was not included in the returns of the federation. Consumption 10,852,000 Bales. The International Federation re- ported consumption by the world, ex- clusive of Germany, at 10,852,000 bales. Since it is estimated that Ger- many consumed about 400,000 bales of American cotton last season, the federation’s figure would indicate & consumption by the entire world of about 11,250,000 bales. PASSENGER LISTS HEAVY ON BALTIMORE SHIPS Special Dispatch to The Star. BALTIMORE, September 9.—Con tinuing her high average of passengers carried, the Baltimore Mail liner City of Newport News left for London and Hamburg with 60 persons aboard. The thip’s capacity is 81. An announcement made by the United States Shipping Board Bureau on Monday showed that the Baltimore Mail vessels had carried a higher average of passengers for their ca- z 7 4 58 inary estimate was 9,007,000. ‘The new estimate of consumption of | American cotton last season, 11.- 249,000, compares with 13,680,000 in the previous season and 14,405,000 two seasons previous. The revised estimate : of world carryover at the end of last | TIO¢ Passengers than they have in season, 9,043,000 bales compares with any one year since the line’s inception. pacity than any other American line, in 8 year when vessels flying the American flag had outstripped foreign ships in passenger lists. Passenger officials of the line report that so far this year their vessels had transported | Ohfo Brass B (1). 258 29% 29‘4 29% Ohio Oil cu pf (6). 1104% 104% 104 Outboard MotA_. 1 10 10 10 Overseas Secur... 3 4 3% 4 Pacific Eastern... 3% 3 3 Pacific G & E pf (1373 Asso G&E $5 nf Asso Invest (80c) Atl Coast Fisher K Atlas Corp (a30¢) 7 J 13% Atlas Corp war 5 4% Atlas Cor pf A (3) 531 Atlas Plywood . 2 4| Auto Voting Machine (150¢) 215 12% Ax-Fisher(3.20)A :N(Al Y: 53 | Babcock& W (40¢) 125 46 | Gen Alloys.__ __ Bellanca Aircraft 5% 5 54| Gen PubSvepf_. 10s Bliss Co (E W) _ &3, | Gen Tire & Rub 2008 | Blue Ridge Corp . 2 2 214 | Gen T&R pt A(6). 258 Flintkote (1) A__. Fla P&L ot . Ford M Can A 1%. ¥ord Mot (Can) BUYX). - . s Ford Mot Lta aanie) | . - 12 Forem'st Dprpf.. 2 Kroedtert Gr& M conv pf (1.20). 4508 1 U 8 & Int'l Seeur 1st pf ww (50c)_ U S Radiator pf_. Unit Stores vtc . Unit Verde E 40c Washington Exchange SALES. Washington Loan & Trust Co—7 at 1981,. 3 at 200, 10 at 200. AFTER CALL. Potomac Electric 5':% pfd.—10 at 113, 10 at 113'2, 5 at 113!, Large Tonnage Projects. Several large tonnage projects have crept into the market during the < = week, giving the market base « broader MR Dut{ed Wall Faper 12%| outlook. One of these was the 83,790- Istof (1%).. 12 27% 27 273 | Utilities P&L 1s | ton reinforcing bar award made by Pac Light'g pf (6)100s101 101 ‘ Utllity Equities 31 | the metropolitan water district of Los Pac Public Sve 5 3% 343 | Utility Eq pf(3%) 3 p. 72 lAngeles The magazine said this is | & carryover of 10,746,000 at the end‘ ——— Pacific Publie | Venezuela Petrol._ 2 1'3| one of the largest orders of its kind | | of the previous season and 11,754,000 Svepf (320e). 1 184 184 | Yogt Mg Co (1) B'3 16% | in the industry’s history. Four steel | at the end of the season before that. | MONTREAL SILVER. MONTREAL, September 9 (#).— 5 a3 Walgreen C 2 ! I":l‘\”.:'r:rA(l‘r“(ll.. 2"; 33.: 39% ‘w”f"‘hl;’.:‘n"’“ 27,"makers will share it. ‘The consumption estimate of the T 2 26% 26% Capital Transit Co.—10 at 17'; Bid and Asked Prices. Blue Ridge pf (3). ! 312 4313 Blumenthal S 1015 Borne-Scrymser .. 9% 11 Bourjois Inc BONDS. PUBLIC UTILITY Amer. Tel. & Tel. 4%us Amer_ Tel. & Tel, col. lr Anacostia & Pot. bs Pot. Elec. Pow. Con: Potomac Elec Georgetown Gas 1t - | 10673 Col. Coun W. M. Cold Slorase ba STOCKS. UBLIC U'nmv Amer. Tel A Tel (D) Capital Transit Co N. & W. Steamboat (6)- Fot. Elec, _Poy. pid. 5 of Wash: Gas Lt Co. 145.60) Wash. Ry. & Elec. Co. (1 Wash. Ry. & EL pL. (5) BANK AND TRUST COVIPANY. Amer Sec. & Tr, Co (8) 103 z 10412 \\a(n Lcan & Trust (8)___ 198 FIRE INSUEANCE)kn @y =re o Linoiy g §. pid Wawe & Loth. com. ¢ y \\md & Lothrop pfd. ¢7)- 11! x dividend. INVESTING COMPANIES NEW_ YORK. September 9 (P —New York SPCJHU’ Dcam’s Assonluon | Bridgeport Mach_ | Carrier Corp | Como Mines ____ Bower Roll B (1) L ’hJ‘ Brazil Tr L&P _ T British- Am Tob cou B (a74 1-i¢) Brit Celanese Ltd rets Brown Co pf Buff N & EPpf 11.60) - Buffalo Niag & Eastp 1st pf(5) 100; | Butler Bros . . | Cables&Wire (A). 14 | Cables&Wire (B) Cable& Wpf al4.9¢ | Can Marconi 1% Carib Syndicate 2 2% 122 128 1215 96, 0%, 98 108': 107131073 15% 15% | Catalin Corp .- Celanese 1st pf(7) l Cent Hudson G & | "Eectfs (80c) _ |Cent&sw Util__ % 1% 1% | Cent States Elec 1 1n CentrifugalP (40c) X % 4% Charis Corp (1%3) 2 D Chesebrough (14) 134 134 134 Chi RIVEM (13%). 4 17% 175 Chief Consol. 2 B Chuids Co pf 2 22% 22% Cities Servic 58 2 2 2% Cities Service pi 2 29l 19 Clev Tractor 6 14% 14% | Club Aluminum.. 34 1% 1% Columbia Gas & Eleccv pf (5) 600s 837x 831; 83' | Columb O&G vte.. 14 Iy 1% | Com'with Ed (4)_. 5 86 86l ‘Com with&S war 4 | Community P& L 1st pf At lt’)l)ls Compo Shoe Mach s.t.c.(50c) R Consol Afreraft._. 33 Cons Copper ... 3 | Consol Gas of Balto (3.60) | ContG&E pr Df(7)2a0l Cooper Bessemer Cooper Bess pf A Cooper Range. - Cord Corp Cosden Oil Me (d) | Crane & Co Creole Petroleum. Crocker Wheeler (Noon Quotations.) ‘ Asked Amer Gen Equities 2= Ti3 Am Business Shrs Croft Brewing . Crown Cork Intl A (350c) - | Cusi-Mexicana M. 1% (azac) = ; 31 | Georgia Pw pr(6) 100s | Glen Alden C (11) 16 2 | Gold Seal Elec .. 10 Gorham vtc ext (al) 2 Grand R Var (50¢) 3 Gulf Oil of Pa 4 10% | Gulf Sta Ut pf (6) 1005 Hartman Tob ___ Harvard Brew____ '.! Hecia Min (al0c). 9 Helena Rubenst'n 25 | Heyden Chem(11) 2 Hollinzer G(165¢) 19 Holly Sugar. _ 170, | Horn&Hard (1.60) 5 508 107 Horn&Hard pf(7) Hudson Bay Min & Sm(a50c) 10 Humble Ol (1)___ 9 Hygrade 8yl (2) 111 P&L 6% pf | Il Pw&Lt 36 pf_. 25! 1mp Oil Ltd coupon (150¢) .. Imp TobGB&I R ETU DA | Indiana P L (30c) 1 Indus Finance vte 1 int! Hydro Eleo System cv pf._ 150s Int Petrolm(t13%) 25 Intl Safety Razor (B)(25¢) 1 Interstate Power Mfg vic (1)____ 108 Ital Superpower debrights. ___. Jersey Central P&Lpf (6)__ .. 10s 7 1 Jonas & Nau | Jones&Laugh St1 150s 3 Kreuger(G)prew. 6 Lake Shore M(12) 10 | Lakey Fy & Mch Lebhizh C&N(50¢) Leonard O11 Lerner Stores (2) Liberty Baking pf Lone Star Gas 30c | Long Island Light Long Island Light »f B (6) Louisiana L&Ex . | McCord Raa (B) . Margay O (a23c)- Mem Nat G(al0c) Middle States Petrol vtc A . | Middle W Ut (d).. | Mid Royalty cv pf (31) EEE Mtidland Stl Prod % 47 8 20 60810422 1ia 2% 9 1 14 80 25 25% 107 107 5\, | Stutz Motor 1 i 1 & | Swan Finch______ R 20 2 104'3 | Sunray Ofl | Tasteyeast(Del)A " Parke Davis (t1). 2 Parker Rust (3)_._810s Pennroad Corp . 90 Penn P&L pf (6)_. 208 97y Penn W&P (3) Phoenix Secur Pierce Governor Pioneer Gold Min Ltd (80c) . ___ Pitts& L E (2% Pitts Plate G(12). Powdrell & Alex (azse) Pratt & Lamb (1 Premier Gold *12¢ Prod Royalty 23¢ Properties Realty vtc (al1.45) . Prov Gas (80c)__. 258 Prudential Invest 3 Prudent Inv pf(§) 1505 100 7 Pyrene Mfg(a20c) 31 Rainbow Lum (A) 2 Rainbow Lum (B) Root Petrolmeum Ruberoid Co (1) St Regis Paper. St Regis Paper p! Salt Creek P(loc) Segal Lock & H. Selby Shoe (2 Selected Indu: | Selec Industries aljot ctfs (333) 1008 7 1 Seton Leather ___ Shattuck Den Min 2 Sher-Wilms (4)__ 11 Shewin-W pf(6)_. 108108 Smith (AO)__ 1 Sonotone Corp ... 6 South Am Gold & Plat (40c) 5 1 | Sou Penn Oil 1.40_ Southn Calif Ed pf B (1%) 5 Southn Calif Edis ofC(13%) . Southn Colo Pw A South’n Nat G (d) Sou'land R(120c). | Southwest Penn Pw&Lt (4) __. 508 Square Deal (B) Stand Ol Ky (11) | Stand Oil Ohlo___. | Stand Silver & L. Starrett Corp pf_.. Strook & Co__. Sullivan Machine. Sunshine Min 1.60 2 Swift Intl (2) Swiss Oil (40c) Technicolor Inc ---1008 4| Ches_& Ohio R ‘ Walker(H)pf(1). \ Wayne Pump n(d) | Wenden Copper _ | West Tab&Sta (1) 3 | Woolw (F W) | ! 1 Wright Harg t40e 16 8 | | year. di ¢ | ship or being reorzanised | Rio Gr. Western | industrials, as well as international shares | 17% | Walker Mining L 5 150 W Va Coal&Coke Westn Alr Exp(n) Western Auto Supply (3) A Westn Md pf__ Wilson Jenes 113 6 Woodley Pet (40¢) 11 ! 273 9-10c) Yukon Gold .. 2 l" 1% Dividend rates in dollars based on u-' iast quarterly or semi-anpusl pn-enu TADnual rate—pius extra tAccumulated dividends. aPaid this year. bPaid Isst | (Companies reported in receiver- Bz dividend. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) Ofter. Allis-Chalmers Co. 55 14 10113 Amer_‘Beet Sugar fis 194 Am. Tel. & Tel. 5';5 1€ Atlantic Refining 3s 1 Bethlenem Steg) o5 10 California PacRing bs Canadian. Nor. Ry 15 1140- 5% 19:39. ke 5s 103 Gotham Silk Hos. Grand Tr. Canada 61 Great Northern Ry. 75 1036 Tilinols Central 6% 1036 Intl Tel. & Tel. 4las 1640 Lake Erie & West 55 19:47 Lehigh Valley Coal 6is 14 Louisville & Nash. Penn-Dixie_Cement m 194 1' Penns_R. R. Co Rep. Tron & Stee Yanadium Corp 5 h Rwy. Ci R 105% Dl e e FOREIGN MARKETS. By the Associated Press. LONDON.—A cheerful tone prevailed on the Stock Exchange today. There fair buying of industrials. especially iron. steel and kaflirs which were firmer. Gilt-edged securities — were restrained _pending de- velopments st Geneva. Trans-Atiantic shares were active and higher reflecting che better tone in Wall Street. Ofl shares | improved and the market closed firm, PARIS —Firmness in Wall Street con- | tributed to the eood tone which prevailed on the Bourse today. French rentes and | | adyanced. ‘but the closing was unsettied BERLIN —Tne Boerse opened todsy | with a tm)d number of selling orders Steel platé orders for 17,500 tons have either been placed or are about to be, the review continued. Canadian railroad orders and in- quiries are another strong factor. In the building industry alruclunl | awards for the week totaled 15.746 tons, with several smaller orden pending. 3 The 52 per cent rate of the op- erating side of the steel industry is almost iriple the rate a year ago, Steel points out. Losses during the week were registered in Eastern Penn- sylvania, where the rate was off one- half a point to 32!, per cent; New England, off 3 to 70 per cent; Buffalo was off 5 points to 32 per cent and Youngstown, 2 points to 60 per cent. Operations Unchanged. Detroit operations were unchlngedl at 94 per cent, Cleveland at 56 and Chicago at 57. Wheeling gained 6 points to 84 per cent; Pittsburgh, 1 point to 45 per cent, and Birmingham rose 5 points to 455 per cent. Steel said that pig iron production in August was up 15.7 per cent to a daily average of 56,767 tons and & monthly total of 1,759,782 tons. As September opened, 98 stacks were in blast, & gain of 6 over the beginning of August and the greatest number for 1935. Since least 3 more stacks have resumed. Great Lakes shipments of iron ore for the season to September 1 totaled 17,386,599 tons, topping the corre- sponding period of 1934 by 11 per cent. ‘The iron and steel composite of the magazine moved up 1 per cent last week to $32.79. The scrap index was up 4 cents to $12.41, while the recent | adjustment in wire nails put the finished steel composite at 40 cents to $53.70. . HOSIERY SHIPMENTS. NEW YORK, September 9 (#).— | Shipments of all types of hosiery from domestic mills during July, according to the National Association of Hosiery | Manufacturers, amounted to 7,000,- 000 dozen pairs, as compared with September 1 at| service for the last season is closely in line with the report issued by the International Federation of Master | Cotton Spirners if allowance is made | acquired many years after birt is not inherited. Silver futures opened easier. Sep- tember, 65.34; December, 65.50b; July, 67.50. b—Bid. Baidnmwhat CIENTISTS who study the laws of inheritance have found that “acquired characteristics” are not inherited. Baldness is in all cases h and it is therefore agreed that it Thomas case histories further prove that many men who are bald have fathers and grandfathers with good heads of hair. It is also found that many men keep good heads of bair throughout life even though their fathers were bald at early ages. Eighty-five percent of all cases of baldness can be traced to neglect or to one or more of 14 local scaip disorders. Thomas treatment over- comes all of these local scalp conditions—ende dandruff, stops falling hair and re-grows hair on the thin and bald spots. Come in today and receive the benefit of sound advice from a Thomas expert. No charge is made for consultation nor for scalp examination. (Always in private). World’s Leading Hair and Scalp Specialiste=Forty-five Offices Suite 1050-51 Washington Building Miss Rv Pw pf(6) | Mock Jud Voe (1) 4 14 14 14 | Molybdenum __ 35 14% 14 14 a Darby Petr (50¢). 5 Det Gray (ron & Foundry (b10c) 91 10 (Corner N. Y. Avenue and 15th St.,, N. W.) HOURS—9 A. M. to 7 P.M. SATURDAY to 3:30 P. M. Basic_Industry - Bullock Fund Corporate & Corporate Trust A'A Rand * At the close prices were generally | 6,500,000 for the same month last | lower with the exception of bonds which | ear. held firm year. MR AR AR R DN =20 | Teck Hughes(40c) | Texas Gulf Prod. Coip Tr A A mod Corp Tr Accum_Ser Corp Tr Accum Ser Cumulative Tr Sh Depos Bk Sh N'Y A Dep: ns Shrs A Cn Fund Inc Fixed Trust SI Fixed Trust Sh B Fund 1'1\l<luriAInc 3 Nayen W ide scc vie North Ar Bo..ud Tr ctfs Shares Selected Sejected Am sh Inc- Selected Cumul Sh Selected vised Shrs Pund Shrs Trustee Stand Inv Trustee Stand Iny D m Bk = Tristeea ndustry sms = Trusteed N Y Bk Shrs___ NEW YORK BANK STOCKS NEW YORK. September o () —New York Security Dealers’ Association: 2 p.m. quotations.) Bk of Man (115 _ Bankers Tr (174g) 1 Han Bk & e Nar (140 Chem Bk & Tr (1.80) JFirst Boston Corp (1.508)- st Nat (Bos) (2)_ Natl_(100) Guaranty Tr (J2) . Irvin- Tr (.60) EE2 Manufacturers Tr (1) — X. B Title G = . 10% United S\ Tr (T0a) T1840 1800 2—Includine ‘extras &—Declered or paid so far this year. FEDERAL LAND BANKS NEW YORK. September § (P.—Federal Land Bank Bonds. {Noon Quotations.) | U. S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Rate—Maturity. Bid. MONEY MARKET. ORK, September 9 (P.—Call NEW Y money steady; 's per cent all day. Time loans steady; 60-00 days. la offered: months, e offered. Prime commercia % per cent. nged: 30, 98 onths, Rediscount Jate. New York Reserve Bank. 1% per cent, v AMERICA'S Smoothest eI_EI: it REI i n. we've got QW/W@/M_Q/” WE admit that smoking Old Golds is no guarantee of fair weather. But many smokers tell us they find a special charm in Old Golds. A stimu- lating quality that bucks up the spirits, even if the weather is rough. Smokers describe this charm as a gentle «pick-me-up.” It's due wholly to Old Gold’s finer tobaccos. Selected for extreme mildness; aged and mellowed beyond the usual stand- ards. Such tobacco may be relied on to exert a kindly influence on the nerves and spirits. SMOKERS | GET THISI We GUARANTEE that Old Golds contain the choicest Turkish and domestic tobaccos grown; the finest obtainable at any price. Only such fine old tobaccos can give that natural aroma and fragrance of Old Gold cigarettes. /%Mfl CIGARETTE 14