Evening Star Newspaper, September 17, 1935, Page 19

FINANCIAL, 1. . BONDS SHOW LITTLE RECOVERY Corporates Score Moderate Gains Despite Late Sell- ing Pressure. BOND AVERAGES 26 10 10 10 Rails. Indus. Util. For'n. Net change__ TUne. —2 Today. close__ 83.0 99.3 98.1 68.2 Prev. day... 83.2 993 983 68.3 Month ago. 82.6 98.8 982 68.6 Year ago... 788 85.5 823 65.7 1935 high... 87.8 99.3 98.7 70.% 1935 10W-... 76.4 922 845 655 1934 high... 89.4 929 889 70.0 73.7 682 60.2 400 646 422 98.9 102.9 100.5 10 Low-Yield Bonds. Today, close 109.9Prev. day. 110.0 Month ago 109.3 Year ago. 105.2 1935 high 110.7 1935 low.. 107.9 1934 high 108.3 1934low.. 99.1 1928 high 1044 1932low.. 868 (Compiled by the Assoctated Press.) By the Assaciated Press NEW YORK, September 17.—Sell- ing pressure appeared in many secs tions of the bond list near the close. but a fair number of corporate issues managed to finish at moderate gains. United States Governments showed | little recovery from the low levels established in the early afternoon trading. Final quotations showed losses ranging from 3-32 to 18-32 of a point. Secondary rails and high yields of bther groups fared rather poorly in the last hour. signs against loans of Illinois Central, Nickel Plate, Ontario & Western, Southern Railway, U. S. Rubber, In- ternational Paper, Laclede Gas and American Waterworks. Obligations of Atlantic Coast Line, Great Northern, Youngstown Sheet & ‘fube and Bethlehem Steel finished | firm. In most of the groups prices were irregularly lower. R. F. C. WILL FACE STOCK ASSESSMENT | Bank Issues Purchased at Cost‘ of $100,000,000 to Be Valued at $37,000,000. By the Associated Press. CHICAGO, September stocks purchased in Cook County at & cost of $100,000,000 by the Recon- struction Finance Corp. will be as- sessed for 1934 and 1935, County As- | sessor John S. Clark said today. The assessor said he intended to | levy the assessment despite a ruling | by the State Tax Commission that these stocks should not be taxed. There were minus ! 17.—Bank | BONDS ON N. Y. By private wire direct to The Star. Approximate Transactions Today. U. S. Gov't Bonds...... $6,970,000 Forelgn Bonds 1,360,000 Domestic Bond 6,200,000 LIBERTY. High Low. Close. 4th 435 33-38 rg 10012 10010 10011 TREASURY. --100 9926 9927 2381945~ 3148 1946-49 ... 10227 10211 10212 3148 1949-63... 10216 1024 10210 3%81941.—eeee 1073 10628 10630 314s 1944-46 10322 10314 10316 3%s51940-43 June 106 16 1068 1068 3%s1941-43 Mar 10616 10612 10614 3% 5 1943-47 10516 1058 1058 3% s 1946- 10818 10812 10812 48 1944-54 . 110 10916 10921 41 s-3%81943-45 1044 10329 104 415 1947-52 11415 1148 11410 FEDERAL FARM MORTGAGE. - 9828 9828 185?8 227 10130 10126 10126 HOME OWNERS' LOANS.SH 49 9825 9813 ::‘;s;;{n 9926 9920 9922 FOREIGN BONDS Abitibl Pa&Pw 6553 Adriatic E1 7852 Akershus 5s ‘63 . Alpine Mont S 78’55 Antioquia 7s'45 D __ Antioquia 2d 78 '57 Argentine %s 62 Argentine 6557 A__. Argentine 6s'58 B | Argentine 6s ‘59 June | Argentine 6 '60 Sept Argentine 6s 60 Oct Argentine 6s 61 Febr Argentine 6s 61 May Australia 4%5s'36.__ | Australia 5 '55. Australia 6857 Austrian 7s ‘57 | Batavia Petr 435342 | Bavaria S 6148 '45 Belgium 6s°55 Belgium 7855 Belgium 78 '56 Bergen City &8 Berlin 6338 - i Berlin Elec 6s ‘5. Berlin Elec 6% | Berlin Elec 635 | Berlin El Ry 635 '56. | Bolivia 8s°47 : Brazil 6148 '26-'57 | Brazil 6145 '27- Brazil 78 '52. | Brazil 8s'41 | Bremen St 7s '35, w. Close. 1034 103% 91t 115 30% 4 103% 1001 | Budapest 68 ‘62 unmat couon.__.. Buenos A C 643 '55._ Buenos A 6s'61 Pv__ Buenos A 6s '6] st Pv | BuenosAg%4s'61stPv. | Calaas 7%s 46 Canada 4s '60 Canada 4%s '36.. | Canada 6s ‘52 Chile 6s "60 36'x 92% T5% 60%, 60\ 10% . 102% Chile Mtg BK 6562 .- Chile Mtg Bk 61458'57. Chile Mtg BK 63%5'61. Chinese Gv Ry 5s '51. Cologne 615 '50 | Colombia 6s '61 Jan.. | Colombia 6s ‘61 Oct Copenhagen 653 52 “ Cordoba 7857 stpd. | Costa Rica 7s'51 A | cuMay coupon on. Clark said his decision was based on | en opinion from Assistant State’s At- torney Hayden N. Bell. ‘The assessed value of the securi- ties, Clark said, will be $37,000,000. CHICAGO STOCK MARKET CHICAGO. September 17 . —Following | 1s the complete official list of transactions in stocks on the Chicago Stock Exchange 3 High. Low, Close % lufl Assoc Invest 400 Autom’ Prod 650 Bendix AV _ 100 Berghoff Brew . 800 Borg- erner *: 50 Borg-War 30 Brown P o w B 134 &S W pl 30 Cherry Burrell 2050 Chi Corp 100 OCh| Corp 3 0 Chi MnI Order & .’) Citles Serv _ 1800 Club_ Alum 0 Comwith Edi 300 Consumers 10 Consumers 6, pf 850 Cont. Steel 500 Cord Corp - Crang l'u 2t 0% 800 EIHousehold 171 200 Elgin Nat \Vn!r "*‘ n’n House] ; 200 Goldbiatt _ 400 Gt Lakes Dredge 200 Heileman, (G) Brw 4250 Houd. 400 111 2 1011l Nor Ut pf 50 Ind Pneu Tool 50 Inters Pow §7 500 Uni 630 Nobiitt-Sparks 100 Nor Am Car 250 Nor'west on-ncorn 0 Suite i Co. 350 Swift Int 200 Thnmi.lon (JRIZ 4% 43 oday. 35.000 shares. land sn s, none. -— COMMODITY PRICES NEW_YORK. September 17.—The tated Press wholesale price index o! asic commodities today advanced to 7 Previous day. 74.5! eek ago. month ago. 73.13 yenr ago, 68 ll. Range of recent years: 5 550~ 4 5 14 5681 age equals 100.) 1933 6410 837 | Miscellaneous Markets. Additional New York markets. as com- Diled by the Associated Pri L TOPS—Futures closed barely :tu'%d'" unchanged to 11 lower. October, December. $0.0b: January. 90.0b. pot steady; Rio No. 7.81n: Moy, B16: Taly 8.1 IGAR—Futures. No. 3. clos nch.nnd to 1 lower: saies, ber. 40b: 2.05b; Futures O—] irregular. September, December, losed Bright: 24775; 23.50. 4 | Ger Gen El 65 '48 313, | Hamburg St 6 & | Montevideo 78 ‘52 Czechoslovakia 8s'51 { Czechoslovakia 85 '52 | Denmark 43 | Denmark 534s ‘65 | Denmark 6s '42 Deu Bk 65 '35 ct stp | Dominic 1st 538 42 Dresden 7s "45- Finland 6s * Finland 6% Frankfort 6%s '5: Frencn Gov 738 ‘41_ Gelsenkirchen 6s '34._ Ger C Bk A 65°38 | Ger C Bk A6s'60 July 2! 25 174% 174% 554 55w 37% | Ger Gen El 7s'45. Ger Gov 6%8 65 - | Ger Prov & City Bk | con Ag 6%s'58.. 4| Ger Rep 7849 . 2 |GrtBr& Ir5%s°37 . GrtCElJap 78 44 | Greek Gov 6s '68 .. | Haiti 68°52. 38 108% | 90% 94 25% ]08% 10&11 90 90% 94 » 94 25% 25% 91y 91l 91l 25 26 25 103 103 103 3y 3115 29 | Helsingfors 61s 60 Hung Con M 715845 unmat coupon on_ fung L M 712s° | Hungary 7 1 Febr couponon._. | Ialy 78°51 ‘ Ital Crd P W 7s '47 B. Japan 518 5. | Japan 6348’54 Kreu&Toll 65'69A cfs Lombard El 78’52 ... i Merid Elec 78 '57 A-- | Met Water 5%s ‘50 3115 29 38 56 4“9 243 983 33k 45% 38 Sept coupon off__. | Montecatini 7s *37.. New So Wales 6s'67. New So Wales 63 '58. Nord Ry 6%s ‘50 Nor Ger Lloyd 6s°47. Nor Ger L1d 6s'47ne’ 5563 100% 100% 100% 100 151% 151% Norway 68 44 caeeen Norway 6s'52 Oriental Dev 6%s ‘58 Oriental Dev 68°53._ Oslo 665 Panama 58 '63 Panama 58 '63 stp Panama 58'63 stp asd 103% 10214 80 80 83% 83% 101 100% 54 53 55% 55% 501 50 136% 136% 12% 12% 164 14% 14% 14% 18 18 81 79% xoeu 106 106‘4 90 26% 26% 107% 107% Poiand 6s '40.. Poland 7s'47.. Poland 8550 _ Prussia 6148 ‘51 Queensland 6547 Queensland 7s "41 Rhine W EI P 68’5 Rio Gr do Sul 68’68 June coupon off__ Rio Gr do Sul 7 '66 May coupon off _. Rio Gr do Sul 78 '67 June coupon off_.. Rome 6%s ‘62 Santa F Arg 78’52 stp Sao Paulo C 8s'52 coupon off Sao Paulo St 686! July coupon off... Sao Paulo St 7s-'40_... Sao Paulo St 8336 July coupon off..... Saxon Pb W 6%s°51. Saxon Pb W 7s'45 | Saxon St Mtg 612546 | Serbs 73 '62 unm c on 32 32% Silesia Prov 78’58 . Styria 78°46 ‘Taiwan Elec 6%8°7T1. Tokio El Lt 6s'63 Trondhjem 5148 '57 Warsaw 7868 ... 681 Yokohama és THE EVENING STAR, WASHINGTON, STOCK EXCHANGE DOMESTIC BONDS- w. Close. Ala Grt Sou ds"43 __. lOfi% IOW 100% AlbPer WP 6s'48 _. 42y 42% 42% Alb Per WP 6s'48ww. Alleg Corp 6s ‘44 Alleg Corp 55 49 Alleg Corp 58’60 stp Allled Stor Allis Chalm Am & For °w Am Ice cv bs 6! Am1GChb Am Intl 6%s '49 Am Roll Mill 438 49 Am Smelt & R 6847 Am T & T gold 4s'36. Am T & Tcl trbs'46. Am T & T deb bs'60_. 95% 95% 1017% 101% 101% 70 69% 69% 70% 70 70 1121 111% 112 991 99% 99% 114% 118% 114% 100% 100% 100% 102% 102 102 108% 108% 108% 113 111% 112 112% 112 W2 113% 113 113 49% 49 49% 105' 105 105'3 924 91 25 17% 104 93% 103 109% 106% 105% 102 - 104 Ami Type Fd 6s'40 cfs Am Wat Wks 68 '4 Am Wat Wks 6876 Am Writ Pap 6347 __ Anglo Ch Nitr 7s '45 Armour & Co 4%8'39 Arm’r(Del)1st 4s '55 A T&S Fead 4395 st A T&S Fe gn 4395 A T&S Fe4%s 48 A T&S F RMt dvis'65 Atl&Ch A L 4%s 44 Atl & Char 4L 5s'44 Atl Coast L 1st 4s 53 At] Coast L clt 4s '52. AtICLun 4% At Coast L clt 6845 Atlantic&D 1st 4548 Atlantic&D 2d 4548 _ AtIG& W 16359 __ Atl Refin deb 6837 __ Baldwin Loco 41 261 42% 107 103% 101% 60 4 103'% 100% 59% 96% | 103% 103% 1 Beth Steel 414 + | Can'dian Pc 48 '60. 27h}ChIlchont 63 | Cuba Nor RR 6% lOTN 99'; 9T s cv 4s 51 109 2 s 55’43 Bell T of Pabs'48 B Bell T of Pa 5s'60 C 60 sE. 99% 6 _. 1034 Beth Stirf db6s'42_. 114 Bos & Me 5s'55 Bos & Me 63 '67. Bot Con M 6%s"34._. Bklyn Edis 58 62 E. Bklyn M T 6s ‘68 A_. Bklyn Un El 58 '50___ 108t Bklyn Un Gas 5545 119 | Buff R&P con 413867 6. | Bush Term cn 6s'66.. 40% | Calif GRE ref 5537 108% Calif Packing §s 40 . 104 Can'dian Nt R4% Can’dian Nt R4 % Can'dian Nt R4%3 Can'dian Nt R4% 55 10713 Can‘dian Nt5s'69July 108 Can'dtan Nt 58'69 Oct 109% | Can’dian Nt R 5570 1101 Can'dlan N db6%s'46 118 Can'dian Nr db 75 '40 104 Can‘dian Pc dbasperp 85% | Can'dian Po 414846 101% 997y - 10415 108 2613 108% 106% 108% 104 1045 1043 1047 107% 107% 109% 110t 1173 103% 841, 101% 108% 104 104% 101 1047 1074 107% 109% 1104 117% 104 844 1015 99% 993 103% 104 1081 108% 2613 26l 95 951 91la 91y 101'; 101% 102 102 88% 88l B8 106% 106'y 116 109% 109 1124 1067 lflfl‘ 106 105 Can dian Pc 6s ‘54 Caro Cl& O 6562 A-. Cent Br U Pac 4s "48_ Cent 11 E&G 6s’'61.. 95'% Centof N J 45°87. 911, | Cent of N J gen 63 '87 1017y Cent Pac 1strf 48’49 102% Cent Pac 68’60 88% Cert'd deb 5%s "48 887y Chesap Ccv cl bs ™ 107 | Chesap Corp 6s 47___ 1072 |C&Ogen4tas92 1162 | C&O4%s'93 A [ C&O04%s'95 B C&Oconbs '3 _ Chi & Alt ref 3s5°4: Ch: B& Qgen s '58._. ChiB&Q4%s 17 Cht B&G ref 671" 110 110 Chi B&Q 14dv 33%s°45 103 103 Chi B&Q1div4s'4d 108% 108% Chi & E 111 65’51 11% |Chi & EIll 55’51 ctfs 11 |cniGLacCss"37 106- | Chi Grt W 48 °'69 5 Chi Ind & So 45 '56 CM&StP4s 89 CM&StP gn 445’89 C | CM&StP 5515 | CMStP&P adj 68 2000 | Ch1& NW 4148 2037 _. Chi & NW 41482037C. Chi & NW 4%s 49 Chi & NW gn 688 C&NW Nr W 6%s'36 Chi R &P rf 4s°34 Chi R I&P rf 45’34 cf Chi R 1&Pgn 4s'88 _ 106% | Chi R I&P 4148’60 __ Chi T H&S 15t 5560 Chi T H&S inc 6s '60 Chi Union Sta 45 "¢4. Chi Un Sta 48 °63 1064 -. 108% 9 .N Chi& W 15%s C&W1 1strf5148'62C 107 Childs & Co 5843 6 Chile Cop deb 6s "47__ |CinGasEl 4s'68 A__. Cin Un Ter 55 2020 B. 110% CCC&StL gen 45°93_. CCC&StL rf 4%s'TTE CCC&StL rf £s'63 Clev Un Ter 4%s'77_ Clev Un Ter 53’73 B 99% Clev Un Ter 548'712A 103, Colon Oil 6538 ___ 66! Colo [nd cl tr 5s '34_ Col & So 43580 Columbia G & K deb 6852 April .. oea. ColumbiaG & B 58°52 May . __. Columbia G&E 6! Col RP L 1st 4145’57 106% ColRP&L6%s’42 111 Columbus&Tol 4s'55 1121, Con Coal Md rf 6850 37% Con Coal Md 58’60 cfs 37% Con Gas N Y 434s'51. 107!s Con Gas N Y 6s°57__. 105% Con G N Y db5%s°45. 106 Consumers Pw 6s '52. 104% Container deb 5s'43.. 95% Container 6s°'46 ____ 1031 103% Crown C & S 6847 105 105 Cuba R R 1st 68°52... Cuba RR 6s" Cuba RRref 7 1031 6613 31 55% 96 9574 95'3 106% 1107 ‘42 Del & Hud ref 4s°43.. Del & Hud 5%s'37__. | Del P & L 41571 Det Edison 5852 Det Edison rf 5s'55.. Det Edison s '62 Det Riv Tun 4% DulSS& At bs Elgin J & E 55 "41.. Erfecv4s’'63 A cceee 105% - 109% 61. 111% 7 49 Erferef 65 '76 Fed Lt & Tr 68°432. Fed Lt & Tr 55 '42 st_ Gannett 6543 . Gen Cable 6%s'47 Gen Steel C 5%s8'49.. 81% 814 15 144 15 14% 34 34 1003 Gr Tr'k of Can Gr Tr'k of Can GtNRgen4%s'76D 89% 89 89% GtNRgen4%s'1TE 89 881; 89 GtNRgenbs’'73C... 96% 96% 96% i B — lgl% 10;‘& 101% Gulf M & N 6s Ifl e Gulf M & N5%8 50 Gulf Sta Stl 648 Har Ry-P C 1st 4 Hudson Coal 6s '52 Hud & Man inc 6857, Hud & Man ref bs '57. 111 Bell Tel 68 ‘58 111 Cent coll ir 111 Cent col tr 4: 111 Cent ref 4s '65. 104% 831 IntRT6s '32ctla... 73 & 4 Inland Stl 438’78 A. 106 105 106 [nt R T 1strf 6s 9 90% 92 IR T 1st ref 5a’¢6cts 90% 91 Int RT 6s'32 6% ;gK :”g* I3 2| M'Cro'yS5%s'41 filed 8874 | High, Low. Int RT 7832 _ Int RT 78 '32 ctfs. Int Cement 6s ‘48 Int Gt Nor 68 °52 A . (nt Gt Nor adj 6s'52A. Int Hydro EI 68 44, Int Mer Mar 684 Int Pap 1st 65°47 A, Int Pap ref 6865 ___ Int Rysof CA 6s'41_ IntT&Tcvelhs 3o, IntT&T4%s'63 ... 5!\‘ 102 Bw 101 Iowa C llt&rl 48’61 1 James F & C 4s°39. 81 KanCFS& M 4s°36. 35% KanCP &L 4%s’61. 112 Kan C Sou 1st 3s°'50_. 714 Kan C Sou rf in 6s 50. 62% Kan C Ter 1st 45 °'60.. 106% Keith 6s 8874 Kendall 5% 48 ww . 103'a Ky&Ind T 4%s 61 st. 100% Kinney(G R)7%s'36 1044 Laclede Gas 68°'39 __ 101 Laclede G 5%3°63C. TT% Laclede G 6%s ‘60 D. 75% LE& Wn 1st 6837 102% Lautaro Nitr 17% Len val Coal 5s '54 1'% Leh Val Coal 6s'38 95'1 Leh Val Har 68°64.__ LVNYIilst 5 gtd. 60- LVNY4%s'40grd. 86% Leh V Pacon 432008 40'3 L V Pacon 4%s2003. 46 Ligg & Myr 68 '61.... 120 Loew's 6s '41._ 104'5 Long Dock 6s e 1004 Long Isl gen 4s°38_ Long Isl ref 4s'49 Long Isl unit Long 1sl deb b8 Lorrillaré 5s '51.. La & Ark 53 69 L& N4%s2003C L&NTrf5%s2003 { L &N Atl K&C 4855 106% 1021, 1011 65 92 974 107% 17 | McKess & R 618 0. | Manhat R 4s'90 | Manhat R 4s 90 ctfs_ Market St Ry 78'40 A Mead Co 6s 45 Met E rf41s'68 Met W Ch 4s'38_ Mich Cent 3%s8 '52... Midvale S&0 68 '36 MIER&SL6s'61_. Mil E R&S L rf 5s'71. Mil Spa & N W 4s '47. MStP&SSM cn 45°38_ | MStP&SSM cn 55 '38_ MStP&SSM 6338 gt. | MStP&SSM 6%s "49... | MoK & T 1st 48 '90__ MoK&T4s 62 B.... MoK & T 4%5'78 Mo K & T 55 62 A | Mo K & T ads 55 '67 Mo Pac ¢s'76 Mo Pac b5 '65 Mo Pac 6877 F. | Mo Pac 5578 | Mo Pac 65 ‘81 Mo Pac 63%s ‘49 Mohawk & M 45 '91 Monong Ry 18t 4 Mont Pwr ref 6843 .. Mont Pwr 5862 A Mor & Esx 33%s5 2000 Mor & Esx 4%8°55 Murray Body 648 '42 Namm & Sons 6s 43 Nangatuck 1st 4s ‘54 sav El 48 '51 gtd. | Nat Dairy 6% s'48 _ NatDisPC4%4s'45_ | Nat Steel 45°65 . New E T&T 1st 5s°52 New J P&L 4%s ‘60 | New Or GNR 68°83 A | New Or PS6s8'52 A.. “\ewOrPSB 55 B New Or T&: 54 B 103% 1017 100 100 40% 33% N Y Cent 4s 42 N Y Cent con 4s B N Y Cent rf 438 2013 INYCrf4%s2013n | N Y Cent ref 65 2013 NYC&StL 4%8'78 | NYC&StL sv.-"u A | NYC&StL 1st iNYConnist4 | NY Edison 6s'44 B__ | N Y Edison 5851 C. N Y Edisref 6%s | NYGEIH&P 43 49. INYL&W 1st4s NYNH&H3% | NYNH& H s 47 NY NH & H 4s'55.., NY NH & H 4s'56 INY NH& H 4857 NY NH& H4%s 61 NYNH&Hevlltl 93% 12% '96... 116 61 Norf So 1st ref 65 ‘61. Norf&W 1st ¢ | North Am Co 1017% | North Am Ed 58'57 A 100 | North Am Ed 5%s ‘63 10114 Nor'nOT & L 6s°47 109% Nor'n Pac gen 35 2047 72y Nor'n Pac 4s°97_____ 102% Nor'n Pac 4%4s2047_. 81% Nor'n Pac 532047 C_. 90 Nor’'n Pac 532047 D... | Nor'n Pac 68 2047.__ 1 Nor'n St P 1st5; Ohio Pub Ser 713846 112% Ore WRR&N 61 103% Otis Steel 6341, 995 Pac Tel 1st 5837 Par-B'way 5%s '51 Param't Pictures 6 Pat& P G E5s'49 Penn Dixie C 6s'41... Penn 0 & Dfltl"” Penn RR 4% IQ Penn RR con 4%s 60 Penn R R gn 4348’65 b 4%e 70, Penn P& L 4%s ‘$1__ Peo G Lt&Crf 68 '47. Phila&RC&1 Philippine Ry 4 Phillips Petr 5% Pillsbury F1 M 6s PCC&StL 4%8'77C. PCC&StL 5875 B Pitts&W Va 414 8'60C. Port A C&D 6s'53 A_. Port Gen El 433 '60 Porto Rico A T 65 °42. Postal Tel & C 555 Pressed St1 C 5s'33. PubSEI &G 4s'T1 Pub 8 E&G 41&5 "IO_. Pure Oil 4%s Purity Bak 68 ‘u . 106% 104 51.. 9T% Reading R 4%38°97 A. 106 Rem-R 6% 847 A ww 1044 Rep 1&Stl1 5%8°53 A_. 105'4 Revere Cop&B 6s '48. Richfield O1] 65 '44__. Rich & Meck 45’48 Rio G W col 4549 A, Rutland Can 45’49 St L-S F 4%4s'78 of st. St L-S F 6860 B.'.._ StLSWgnrf6s'90. StPCtR Cbs’37 StPKCSL4%s" n. lDSK 103 111% 103 106 102 !lun Un Ol 58 *47 Sterra & S F P b Skelly Ofl 5%8°39___ So Bell T&T bs 41 So Colo Pwr 6847 A 8% 46% 59% 8 58% 85 6% 68% 1% 102 102 101 101 1 1 81 81 36% 35% 111% 111% % 7% 62 62 106% 105% 88%, 88% 103% 103% 100% 100'% 104% 104% 101 101 104'% 100% 4 104% 101 106% 106% 118 75'% 101% 106 106% 102% 101% 72 68 106% 1023 101 70 66% 92 92 9% 9T 107% 107% 175 01 103 10 1017 101% 100% 100% 998, 40% 3215 2815 a7, 113% 113y 65 65 78 18 T4% T5% 521 53 3415 35 50 50 106% 1064 104% 104% 96% 97 975% 98 70 70 97% 97% 105% 105% 104 104 105% 105% 107% 107% 31% 34% 34 13 13! 13% 107% 107% 117% 118 90% 9014 108 108 45 45 4 4 7 T 5% 5% 8% 98% 102% 103 102% 103 111% 111% 103 103 106 106 101% 102 ” | WHOLESALE INDEX RESUMES ADVANCE Fertilizer Association Finds Average at 78.8 Per Cent in Week. The general level of wholesale com- Modity prices was again higher in the week ended September 14, according to the index of the National Fertilizer Association. This index last week ad- vanced to 78.8 per cent of the 1926-28 average, from 78.6 in the preceding week. A month ago the index was 78.9, the highest point reached this | year, and a year ago was 76.4. Four of the component groups of the index moved upward last week, with the most important advance oc- curring in the textiles group. A slight advance in cotton prices as well as in woolen yarns, hemp, sisal and silk accounted for the rise in the textiles index; a slight decline occurred in the price of burlap. The foods index again rose last week to the highest point reached during the recovery period, which began in early 1933. The general trend of foodstuff prices was upward, with seven com- modities included in the group ad- vancing and only one declining. The foods index has risen 14.2 per cent siace the low point of the year, the week of January 5. A slight rise oc- curred in the .uel index as a result | of higher prices for crude petroleum. Rising prices for hides and leather, wrich more than offset a decline in crude rubber, were responsible for the rise in the miscellaneous commodities group. Farm product prices were mixed during the week, with eight com- modities represented in the grains, feeds and live stock index declining in | price and seven advancing; the group index declined slightly. A decline in the building materials index was the net result of a drop in lumber prices | and a slight rise in the prices of lin- | seed oil. | Thirty price series included in the index advanced last week and 17 de: | clined: | were 29 advances and 22 declines; in | the second preceding week there were | 23 advances and 27 declines, . LARGE GOLD DECLINE AMSTERDAM, September 17 (#)— Netherlands today showed that gold stocks had declined 36,759,000 guilders (about $24,855,843) during the last week. INSURANCE STOCKS NEW YORK. September 17 (#.—New York Security Dealers’ Association Aetna Cas 4-"‘,. i} Alr)cu!lur:l lll Am Ing Newark )2 Boston Carolina_ (1.20a re (.1 Nor River (80a Phoenix 12'2a) Prov Wa: St Paul PFire ¢ Shrashera C(4iare Sun Life___ Travelers™ ( | U 'S Pire (1.60a) Westchester (1. (a) Including extras (&) Declared or p-m 50 far this year. ZINC PRICE ADVAN CED. NEW YORK, September 17 (#).— An advance of $3 a ton in ‘he price of zinc was announced today. This established the market at 4.75 cents ! a pound, East St. Louis. Trade quar- | ters satd the boost was due to a large increase in demand. (Tm RS " Reading Co.—Common share earn- ings, seven months ended July 31, were 73 cents vs. $1.58. So Pacref 48 '55.caee SoPac4%s “ So Ry 6%8 5| Southw Bell T 58 ‘54— Stand Ol N Y 4%s'61 Studebaker cv 46 Swift & Co3%s §0... Tenn EI Pw & 'l'l A. Term As St L 48l Texarkana 5% ID 1068 106% 106% 101% 101% 101% 5614 54’4 55% 103% 103% 103% 100% 100% 100% 104 Tex & Pac b Tex&Pac 1st 55 2000 115 115 115 Tex&P MPT . 100% 100% 100% Third Av ret 57 57 Third A ad in ex b’ 24% 24% Tol St L&W 48°50 .. 91 914 914 Toronto H&B 43 '46_. 100% 1007 100% Trumbull Stl 6s°40.. 103 103 103 120% 120% 120% 118 1123 1124% __. 1018 101% 101% . 106 105% 106 % 106% 106 106 Un Pac 1st rr h 2008. 114 114 114 Unit Biscuit 5850 106% 106% 10615 Unit Drug 68 °63 93 91% 92 U S Rubber 5s°'47_ _. Univ Pipe & R 65’36 Utah P& L & Uil P& L 6359 ww_ UtilP&L5%s ¢7... Vanadium ev 58 41 484 85 85 85 107 107 107 3% 3% 1?'6 49% V C&P 1st 4%s" Ver Sug 1st 78 '0: efs 11 11 Va E&P 1st rf 65’55 A 104% 104% 104% VaRy 4%s'62B . 105 104% 105 VaRy1lstbs'62A.__ 112 111% 111% Wabash 4%8 ‘78 ctfs. ‘Wabash bs D_._ Wabash 18t 68 '39 . ‘Walworth 6s '45 Warner Bros ¢! Warren Brev 331 33% 33% 107% 107% 107% 116% 116% 116% 81%s 814 81% TT% % TT% 96% 96% 96% 104% 104% 104 3015 WPaPilst6s'63E._ W Sh 1st 4s 2361 gtd. ‘W Sh 1st 4s 2061 l:i. Wis C S&D ter 4 '36. Youngtn S&T 68'70 B Youngtn S&T 5578 A s D. C, TUESDAY, SEPTEMBER 17, 1935. New Deal Policies Scored as Cause " Of Trade Caution By the Associated Press. BALTIMORE, September 17— Business skies in the United States are clearing, momentarily at least, Harper Sibley, president »f the Cham- ber of Commerce of the United States, told the Baltimore Asiociation of Commerce yesterday. But, s0 long as the outlook is “clouded by the shadow of impend- ing change in the methods of Gov- ernment and the substitution of cen- tralized control for local and State supervision, business cannot stand condemned for proceeding with cau- | tion,” he added. its “incursions” into matters “tra- ditionally” reserved for the States and for its “disturbing tendency toward contralization of power over the affairs of all business and the regimentation of the lives of capital and labor alike.” He attacked the Federal agricultural program, the Guffey coal bill and the social se- curity bill. Due to the “staggering burden” of debt placed on the country, he sald, “there is beginning to be apparent a widely prevalent sense of uneasiness and misgiving Wuhmmange SALES. Riggs Bank com.—1 at 212, AFTER CALL. Peoples Drug Stores pfd.—5 at 113. Potomac Electric 5';% pfd.—5 at 11312, at 105%, $1,000 at 105%. 18, 10 at 18, 20 at 18'5. Washington Rwy. & Elec. pfd—15 at 106, 5 at 106, 30 at 106. Capital Traction 55—$2,000 at 97. DISCLOSED IN HOLLAND' | The weekly report of the Bank of | W. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid. & Tel 4% 10834 1000 1 Asked. Amer_ Tel in the preceding week there | An & el 3 Clmul ’rncuun R City & Suburben 5s_ Georgetow Pot. Elec. P Wash. Gas bs Wash. Gas 6s Wash. Rwy. & Eiec. 4s % MISCELLANEOUS. Barber & Ross, Inc., 6} | Chevy chase Eiub Fiys | Col. Country Club 5ius . M. Cold Storage 5 STOCKS. PUBLIC UTIL!‘KY Amer. Tel. & Tel. (89)....°1 Gevital Transit Co. i1 &E 325 Waih: Rt I S U807 183, BANK AND TRUST COMPA® Amer. Stc“& Tr. Co. (8) 200 4 Savi Nltibnm v‘!’m?‘())’ 80 TITLE INSURANCE | Columbta (.30) .. | Real Estate (8- 2 | carpel corn. (1. Eanaton Monotype (& Mergenthaler Linotype Peoples Drue 8 ptd (6.50) t. M & G, 20) Security” Storage a5 Ref. & Wh. Cori ‘defl & Loth. com ($1.20) Wi & Lothrop pfd. (7). 1. vidend. 125¢c extra. iFlat. BALTIMORE STOCKS | Special Dispatch to The Star. BALTIMORE. September 17.— Sales High. Low. Close 40 Arundel Corp ___ 2013 ° as a K213 % Coi rD(AIl‘;“ll'fl 25 Pidelity & Depos. 28 15 Fidelity & Guar. 0 Pinance Amer A N n s 5 U 8 Pidel & Guar Jee e R SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co ) ofter Allis-Chaimers Amer. Beet Sugar_6s 1 Amer. Tel. & Tel. 52 Atlantic Refining 3323 2255550505 suee SRR New work ‘Doc Olllo River R. R Dixie Cement e nul ESoub. fron & Sreel b3 ;‘m(r Rio Grande West. 4s 1930 _ adium Corp. 5s 1941 Wabash Rwy. Co. 5s 1 Warner Bros 6s 1939 West. N. Y. & Pa. 5s m« - 105% U.S. TBEASUEY POSITION. By the Associated Press. The position of the Tre Sxoma550! SERRIUIZ2, ,.-ury on_Sep- 236,550 expenditures. $1.423. 985 8! excess of ex- nm 774,258, gross debt, 963 012 32.03. a decrease ol $3. K2B ss 78 qunder the anlnul day. Gold a $9.220.897.626.30. *Receipts for September 15. parable date last year). $hei 791 600.10: Bet bal: ustoms receipts ar. $761 1086, 01 of !mcneney expenditures; excess of expenditures, $47 (154,248 1 18,463, 309.83; gold nlell. 11.9:0414 678 FOB.EIGN KABKETS. By the Associated Press. LONDON.—Quotations on the Stock Exchange tation a akness. 0] {h dn regard o nternational sed gilt-edged securities to urchases improved —industrials and gold shares, but oil and trans-Atlaniic {uuu were uncertain. The market closed rregular. . —Traders continued to reflect Dollu 1 tel urse prices A Rentes. lndu!trl‘ll and most in- *-res also declined. The clos- ter registering & silght re- ‘prices rse covery. on t iroo; day olrlnl to lack o! business. The clos- ing was steady. FOREIGN EXCHANGES. NEW YORK. September 17 (#).—Foreig, 1l 8' st Britain, demy J’ rallied smartly today af aties 8.801a: 0 Cabich, fis. De- 00, Germany. tree, R demand, 8. 15 lllnd!—-lel(lum 40 lll. reg. tourist, 2 1.10; Holland. & ; 5.50; Denm. 19 srm:rl-nd Sibley attacked the New Deal for | FINANCIAL, ARGENTINA FACES | WHEAT SHORTAGE Réported to Have Sold More | for Export Than It Has Supplies on Hand. By the Associated Press. NEW YORK, September 17.—Dow, Jones & Co. said today that local grain | interests have been informed that Ar- gentina has sold more wheat for ex- port in the remainder of the crop year terminating December 31 than it has supplies on hand to ship. A condition of scarcity was indi- cated, it ‘was said, by the fact that| ships in Argentine ports have had long waits—as much as four weeks— for cargo. Information received by a grain ex- | port house, Dow, Jones & Co. said, was | to the effect that little Argentine wheat is being offered abroad, and | i \ Washington Rwy. & Elec. 4s—$1,000 Capital Transit Co.—25 at 1713, 100 at | that at advanced prices, Chicago Grain By the Associated Press. SEALSKIN PRICES TOP LEVELS OF YEAR AGO By the Associated Press. ST. LOUIS, September 17.—Sixty- five buyers from the ‘world's fur marws yesterday paid the United States Gov= ernment $576,130 for 24,350 pelts at its semi-annual auction of Pribilof Island sealskins. The skins, despite spirited bidding | by London, Paris and American deal- ers, sold for an average of $23.66— about 15 cents below the $23.81 average at the last sale in April. The April price, however, repre- sented a 20 per cent increase over the price paid in September, 1934, 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 DIRECTORY COMMODITY BROKERS COTTON Y. Cotton Exchange Co. DI 5 e 00 GRAIN N & Member Laidiaw CHICAGO, September 17.—Wheat | prices in major world markets soared today, propelled by broad speculative buying induced by trade fears of a war outbreak in Europe and of a crop | disaster in Argentina. Quotations here jumped more than 4 cents to within fractions of the limit advance permitted for one day. May wheat sold about $1 per bushel, tne highest price for any future delivery here since the black rust scare of carly | Summer. Wheat closed 3% to 4'; cents high- | er compared with yesterday's finish, December 99%a%;. and corn was 2l to 2% up, December 59%a%. Oats| gained lall:, rye 3';a4 and barley 21,a3. Provisions were also sharply higher. WHEAT— Open. High Low. Sept. a5 o Close. aRly s, Dec | May Chicago Cash Market. ! Wheat, No. 2 red, 9972a1.00'4; No. 2 | hard, 1.181:a1.19: No. 4 mixed, 901,a | 1.02'5: corn, No. 2 yellow, 86!4a87: No. 2 white, 86a87; oats, No. 4 white, | tough, 253, No. 2 white, 33'4: no rye, buckwheat or soybeans; barley nomi- nal; feed, 32a45; malting, 50a75; timothy seed, 2.50a2.65; clover seed, 110.00a16.25, Liverpool Grain Pri ERPOOL. September 1 tufiires closed Sirons | Qctober_ | D-ctmher Mai Ckm Close 0134 uu 903, o17 B8% Baltimore Quotations, BALTIMORE. September 17 (#.—Wheat. No. red Winter. garlicky, spot. domestic, 90 September. b0, The summary, with egg and live poultry quotations furnished by the Department of Agriculture, follows: .. BUTTER—One pound prints (80 scor 1-pound prints (58 score). veal fresh 1a20: loins, . 11 lambs * 5.009.00. dy; Government 3 lower; other Current receipts. average. 20231 | calves. 5.00a sraded extras. tions unchanged hennery whites ards, LIVE POULTRY*—\!”H( bzr'l\ l!nfl\ with auotations unchange ored. “heav na roosiers. 1 fare horn: 18a16); mixed colors.” 18 FREIGHT LOADINGS. NEW YORK. September 17 snue freight carioadings on porting today for week ended September 14 included | Week Previous Last Sept. 14. Wee o Year. | Chesapeake & Ohio Santa_Fe_ 225 TONS OF LEAD SOLD. NEW YORK, September 17 (#).— ‘The St. Joseph Lead Co. reports that | 225 tons of pig lead from Southeast | Missour! mines were sold yesterday at $4.20 per 100 pounds St. Louis. AMERICAN AND TRUST Mam Office FIFTEENTH STREET AND PENNSYLVANIA AVENUE -pound prints (92 score). | REAL ESTATE LOANS on Improved Property Monthly Payment Loans Straight Three Year Loans 3% INTEREST Consult Reat Estate Department Members Chicago Board of Tr Laidlaw & Co.- DI Westhrimer & Co = 5500 = — MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 5157 Interest FIRST DEED OF TRUST ONLY GEORGEI. BORGER Successor to the business of JAMES F. SHEA 643 Ind. Ave. N.W. Assets Over One Million Dollars % ON; Secured on Homes Safety and Yield Combined SHANNON & LUCHS 1505 H ST.N.W. ~ NAT. 2345 Property Management fiA\'E you ever thought what " a relief it would be if you did not have to worry about any detail in connection with the management of your apartment house and residence properties? Our Property Management Department renders such serve ice most efficiently. B. E. SAUL CO. 925 15th St. Nat'l 2100 Mortgage Loans SECURITY COMPANY Branches 7th and Mass. Ave., N. W. Eighth and H Sts., N. E. MEMBER FEDERAL Seventh and E Sts.,S. W. 1140 Fifteeath St., N. W. RESERVE SYSTEM