Evening Star Newspaper, September 18, 1935, Page 17

FINANCIAL., CURB LIST DRIFTS 10 HIGHER LEVELY Handful of Issues Forge Ahead for Good Gains in Active Trading. By the Associated Press NEW YORK, September 18.—Led by a handful of issues which ran ahead for good gains. shares drifted higher in active trading in the Curb market today. At 67! Aluminum Co. of America was up 53;. American Gas & Electric rose a point to 34%. Gulf Oil and Humble Oil were both up more than & point at 60: and 541, respectively. Sherwin Williams at 112 closed with a net gain of 2’ points. Fractional gains were turned in by Cities Service, Creole Petroleum, Lake Shore Mines, Newmont Mining and Pittsburgh Plate Glass. C..R. I. & P. REQUESTS EXTENSION OF TIME Br the Associated Press CHICAGO, September 18.—Plead- ing that reorganization at this time would impose severe penalties on all security holders, attorneys for the Chicago, Rock Island & Pacific Rail- road yesterday asked Federal Judge James H. Wilkerson for an extension of time. The plea was taken under advisement. Attorney Marcus Bell, counsel for the carrier. argued that a scheme of fixed charges cannot reasonably be drawn up for a road which, he said, 1= not earning operating costs. He re- quested that no thought be given to A reorganization plan until revenues improve. EXCHANGE AT BOMBAY CLOSES, CRISIS FEARED By the Associated Press BOMBAY, September 18.—The L‘]l-l rectors of the Stock Exchange decided today to close the exchange, fearing a crisis following raids by short traders. BONDS ON THE CURB MARKET. DOMESTIC BONDS. [High, Low, 107 D Close. Nila Alabam Pw 1!\1'11"!‘ Alabama Pow Alabama Pow Aluminum Co 5% Aluminum Ltd"3 Am El P 2| Balte (3.60) . Aties Tely Baldn Lo s Bel Tel Can Broad R P 55 A Canadian_Pc ts Cni Pneu T Cin S8t R 5 Cit Srv Pw Cit Srv P L 513 Cudahy Pkg Deyton P & L 108 Det 96 an 106 a8 671 a4 69 103 71 24 69 103 Emp Dist El Emp O& R ; Pairbnks Mor 5s ' Hygrade Fd 65 A '49_ Hysrade Fd 65 B 40 I Pw s A 5 | General Electric 5R7g 10412 10414 2 1a Inves Co 55 A Jowa Pb Svc 2ty n,ml‘.)nxl. Kentuck U 55 H ' Ken Util 5'25 F Ken Util '2s D '# Koppers G&C s 104 Lou K GE 6s A 101 eisner Bros 65 evada Calif_5s e G&E 4 45 10334 1033 9972 997 95% 95% 106%: 1067, 1033, 1033 i1Va 10815 10415 11'5’4 is 10323 10 109%2 10915 10412 10414 105%'108 80" 70 853 118 1067, a7 ReRzITy 900032 3 U mpen 59 o > CERPREEERREES H s EE gatspeREaney oORRRESE B 225732052 S ETRESS 274 | Community P& L 2| Gen Pub Svept “ | Greenfield T&D. By private wire direct to The Star. Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Ainsworth (al%) 2 39 3! 9 | Air Investors Inc. Ala Pow pf (6)._." 20 Ala Pwr pf (1) 5 Allied Mills(a25¢) 3 18 18 Alum'n Co of Am 1700867% 62% 67% Alum'npf (1%) 2605102 101% IOZV: Alum'n G'ds (40c) 1 13% 13% Alum'n Ltd. 5 33% Am Beverage 3 Am Ct PAL A (3). 258 Am Cities PALB 10 Am Cynam(40c)B 18 Am Fork&Hoe 60c 1 | am Founders 5 | Am Gas&E (1.40) 34 Am G&E pf (6) 15081 | Am Laundry (40¢)300s | Am Lt&Tr (1.20). | Am Maracaibo. Am Meter Co Am Superpower... Am Superpw of Anchor Post (d) - Angostura (f20¢). Arcturus Radio T. Ark Nat Gas Ark NatGas A. Art Met W (40¢) |AssoG&E 'AssoG& E (A) | Asso G&E 35 vf - | Asso Invest (30c) 150; Atlas Corp (a30¢) Atlas Corp war Atlas Cor pf A (3) Atlas Plywood ... Auto Voting | _ Machine (150c) | Babcock&W (40c) Bellanca Alrcraft Bickfords Inc (1) Bohack (H C) Blias Co (E W) Blumenthal 8 Bower Roll B (1) Brazil Tr L&P Bridgeport Mach_ | Brill Corp A British- Am Tob cou B (a74 1-5¢). Brit Celanese Tiaretmi 1 Buckeye P L (3) 100s Bunker Hill&Sul 560s Burma Ltd (a47.7¢) | Butler Bros Can Marcon! _ Carib Syndicat Carrier Corp Catalin Corp | Celanese pf (7) _ 150a Celluloid Corp pf 1108 CentP&T, | 7% pt %) | Cent States Elee Ceuln!ugllPHOc) Charis Corp (133 \ Chi RiveM fters ! Childs Conf_____ 200s > 22 | | Cities Service | | Cities Service pt. | Clev Tractor. _ | Club Aluminum.. | Colon Oil | Columbia Gas & Elec cv of (5) | Columb O&G vic. | Com'with Ed (4)_. Com'wIth&S war. I % 107% 107% 19 19% 12% 13% LI 165 16% 1% 28% b 20 n 2 1 1 = 50s 5 1 s IIN 25 108% 25 258 4 33% ' 4 181 | 1 3 1 4 1 1 18 1 1| 84 1t | 9215 2008 5 2 | 1stpt | Como Mine; | Compo Shoe Mach s.t.c.(5 | Consol Afreraft__. 5 | | Cons Copper . 5 Consol Gas of ContG&E pr pf(7) 258 Cooper Bessemer. 3 Cord Corp 5 Corroon & R of A | Courtaulds (a3dc) 1315 | | Crane & Co 16 | | Creole Petroleum_ 190 | Crocker Wheeler... 84 | Crown Cork Intl A (350c) Cueno Press(1.20) Cusi-Mexicana M. Davenport H (1)_. Det Gray [ron & Foundry (b10c) Dictograph Prod Distillers C-Seagr Distill Corp Ltd (a74 2-5¢) Doehler Die Cast_ Dow Chemical (2) Driver Har(a2s¢) Dubelier Condens _ Duke Power (3) - Duval Tex Sulph Eagle Pitcher Ltd | Eastn G&F Asso 1 Eastn G&FDfA (6) 100s Eastn States Pw.. 1 | Edison Bros (1)~ 1 Fiec Bond&Share 53 Elec BA&Sh pf (6) El Pwr Associates Pwr Assoc (A) ec Sharehold'g- Elec Sharehld'g pf ws (133) 1008 Equity Corp Ex-Cell-O A&To0l Fajardo Sug (a3). Fanny F C (50¢) ! Ferro Enam t60¢ | Fisk Rubber = | Flintkote (1) A__ | Fla P&L pf = } Ford M Can A1%. | 33 I 127 | 9, 3 Ford Mot Lta (217.7¢) FroedtertGr& M conv pf (1.20) _ Ltd reg(a3lizc) | Gen Fireproofing.. | Gen Tire & Rub Georgia Pw pf(6) | Glen Alden C (1) | Goldfield Consol .. Gold Seal Elec. Gorham pf ww. Gorham vtc ext - Grand R Var 150:) Great Atl & Pac ‘Tea n-v (16) kY 17 15 10% 10% 20:129 .l"fl 129 2 6 19 *a 17y Gulf Oil of Pa Hartman Tob Harvard Brew Hazeltine Corp t1. Hecia Min (aloc) . Heyden Chem (1) Hollinger Gussc) 13% | Holly Sugar 00s 75 gorn&fllrd (1. 50) 7658 2 8 orn&Hard pf(7) 40s 106 10 Hudson Bay 5% 1% 9 2 50', # 24 9 603 # 2l k2 9 SD # 2 2 £l 2 48% 3 Min & Sm(a50¢) Humble O1l (1) Hydro Elec Sec. Hygrade Food Hygrade 8yl (2)_. 50s 1l Pw&Lt $6 pf__ 130s Imp 0Oil Ltd coupon (t60¢) .. Imp Oil Ltd reg (150¢) . 17% 527a 3% 1% 315 32 17% 54, 3% 1% 3214 32 5 19% 19% 19% 19% El Pow_bs Texas Elect 58 Texas P Tex P & e 20 55 l."’/ql(”‘/l 10335 1028 10 1 U o5 Bow Bo HI > o 80% 05% 1053 1053, 08% mlw. 1061 c 9 80 | York Rw Bx 103% 1339- 105% FOREIGN BONDS. Bog MB 7s ‘47 M&N__ 2 | Buen A Pr 7 s "853 Buen_ AP Cen B Ger 05 A 5s 7s 38 46 s 'ni So 6 47 45 47 Unit E8 7s '60 xW. 44% 44% 44% ww—With warrants, xw—Without war- rants. n—New. wi—When issued. at sy .rflunlllmm rl"!d M urity. tCompanies repor | Pitney Bo P (20¢) | Pitts Plate G(12). | Power Corp Can _ | Prod Royalty 215¢ | Prov Gas (80c) ! Unit Gas Corp_. | Unit Gas Cor war. THE EVENING STAR, WASHINGTOX, Stock and Sales— Dividend Rate. Add 00. High. a 5% 1 1 Indiana P L (30c) Indus Finance vte Insurance Co of North Am (2) Int Cigar M(1.80). intl Hydro Eles System cvpf. . 258 Intl mnin: (60e). 1 intl Mining war Int Petrolm(t1%) Intl Products. Intl Util (B). Interstate Power (Del) pt Irving Air C(160¢) Jones&Laugh Stl. Jonas & Nau Kirby Pet (a20e) . Lake Shore M(12) Lakey Fy & Mch _. Lehigh C&N(560c) 1 and Light Louisiana L&Ex . Lynch Corp (2).-.. McCord Rad (B) MoW1ll Dredg (+2)15 Mangel Stores pf. 40s Maryl'd Casualty 7 Mayflower As (2).350s Mead John (13) Mesabl Iron Mich Gas & Oil Michigan Sugar... Middle States Petrol vic B Middle W Ut (d)-. Mid West Util conv pf A (d) Midland Stl Proa_ Mohawk Hudson 1st pf (4) - Mohawk H 2d pf__ Molybdenum _ Mont Ward A (7)_ Mount Prod (60¢) Murphy Co (1.80).. Nat Bella Hess___ Nat Bd&Sh (11)__ Nat Fuel Gas (1) Nat Investors ... Nat Inv pf (34)_.. Nat Leather Nat P&L pf (6) Nat Rubber Mach t Sugar N J(2). Nat Union Radio.. Nehi Corp New Brad 0 (20¢) NJ Zine (2)..___ Newm Min (a1) N Y & Hond (11)_ N Y Telpf (6%) . N Y Transit (30c) Niag Hud Pw Niagara Hudson Pw (A) war Niles-Bem-Pond Noma Elec Corp | Nor Am L&P pf__ Northn Ind Pub Sve 6% pt (3) Northwest Eng__. Novadel Ag (2)__. Ohio Brass B (1). Ohio Oil cu pf (6). Ohio Pwr pf (6)._ Outboard Mot A_. Overseas Secur___ Pacific Eastern_. PacificG& E 1st pf (15) Pac Light'g pf (6) Pac Public Sve___ Pacific Publie Sve pf (320c). Pac Tin spec (1) Pantepec Oil__ Parke Davis (1) Parker Rust (3) _ 1 400s 70 13 19% 1Y 31 131, 13 138 5 508119% 4 T 1008 46 Pender G (312) A_ 505 3 Pennroad Corp . Penn P&L pf (7)._. Penn W&P (3) __ Pepperell Mfg (3) Phoenix Secur __ 2 Phoenix pf (3) __ 1 Pie Bakeries(60e) 3 Pioneer Gold Mines Ltd (80¢) 4 Pierce Governor__ 1 Pitts & L E (11;) 2408 3 15 508 10 258 1 Potrero Sugar._ Prudential Invest Puget Sound Pw & Lt$spf ____ 6508 Puget Sound Pw & Lt36pf 2708 Pyrene Mfg(a20c) 2 Reliable Stores .. 2 Reynolds Invest 15 Richfleld Oil (Cal) prloe(a) .- . 1 Root Petrolmeum. 3 Root Petroleum cv pr pf(1.20) Royal Typewriter Ruberoid Co (1)_. 50! Ryan Consol.. St Regis Paper. Salt Creek P(80c) Scovill Mfg (1) Segal Lock & H Selected Indus. Selec Industries allot ctfs (3%5). Shattuck Den Min Shenandoah ____. Sher-Wilms (4) .. K S0 7 1 Sonotone Corp. South Am Gold & Plat (40c)___. Southn Calif Ed of B (134) Southn Calif Edis PIC(1%). . 13 Spanish&Gen rets 47 Sq Deal pf A 2.20_. 50s Square Deal (B)_. 2 Stand C&S (2.40).100s Stand Invcupf__ Stand 0!l Ky (t1). Stand Ofl Nebr___ Stand Silver & Li_. Starrett Corp. . Starrett Corp pf. Stetson (J B) Strook & Co. Sullivan Mac! Sunray 01l Sunshine Min 1.60 Swift Intl (2) Swiss Oil (40¢c) Tampa Elec(2.24). 'r; eyeast(Del) A nicolor inc ncx Hughes(40c) Texas Gulf Prod .. Tobacco & Allied Stocks(all;) 50s Tob Prod Ex(10c) 1 Trans-Lux Daylite Pic Sn (20c)-. 16 Tri-Contl C war__. Tubize Chatillion.. Tubize Chatil A_. Tung-Sol Lamp... Unit Carr F (1) Unit Corp war-... Unit Founders._... 24 4 1 3 1 2 258 1 ] 12 Unit Gas Corp pf.. Uait Lt&Pw (A) Unit Lt&Pw pf __ Unit Molasses Ltd (a6%c) . Unit Profit Share. Unit Shoe M 123 150| U S Elec Pw ww 6 U S Foil (B) (60e) 11 U S Radiator pt... 508 Unit Stos ve .. 1 Unit Verde E 40c. 14 United Wall Paper 2 Utah Apex Utah Pwr & Lt pf (31, l‘ht) Utilit Utility Efl pffl%) 60| Utility & Indus___ SG 1 Venezuela Petrol. Waco Afrcraft.__. Waitt & Bond (A) Walker (Hiram).. Walker (H)pf(1) ‘Wayne Pump n(d) Wenden Copper Westn Air Exp(n) Westn Md pf..___ 60s West Tab&Sta (1) Westvaco pf (7) Wil-low Cafe pf. Wilson Jones 1% _ Woodley Pet (40¢) Woolw (F W) 273 9-10¢) Wright Harg té0e 36 Dividend rates in dollars o 5112 Sher-Wilms pf(6) 30s108 Singer Mfg (16).. 1082851, 28515 28515 3 91, 30 670 1 213 ‘6% 281 W 2% T3% 4 1% 110, 108 1% 100s 2 4 16% 16% 16% 1508104 102% 104 1 3 3 2 25 2 % - 5% 5% 10 27% 27% 21% 8 24% % 1% 1% Low. Close. [ NEW YORK CURB MARKET 5% 1 70 INDUSTRIAL NETS RISE 40 PER CENT Rail Earnings Expected to Make Best Showing of Last Two Years. Special Dispatch to The Star. NEW YORK, September 18.—With industrial production for the current quarter estimated at a level some 4116 per cent higher than a year ago, 691 9 4% % 34 1w | 191 71 311 1318 13:! 5118 110!y 118 174 | the leverage factor that normally re- | sults in wider fluctuations of profits will operate to produce an increase | earnings, it is estimated by the Stand- ard Statistics Co. of New York. The aggregate will be moderately smaller than for the second quarter of this year, in reflection of sea.onal trends, but comparisons with a year earlier will be the best since the | second quarter of 1934. Railroads will make the most favorable showing | for any quarter in the past two years, | at least, although the low level of | July traffic will hold the total down | Utility results are expected to be above & year earlier for the first time since | | early 1931. ] Among the principal industrial | groups the steel trade will make an exceptionally favorable comparison ‘vubh last year, whereas earnings of these companies dropped 50 per cent jin the second quarter. Automobile | | and auto parts companies will also make a better showing than a year | ago, although the increases in many ‘/ ,cases may be less pronounced than | 1” 108 18 20% 11 h 1% 14% | 15% | 115 20% | 30% 2% 34t 214 20 3% 3 3 24% 1% pased’ on the fl“nu‘n‘"u‘“u—.m‘fit-‘.‘“nm- '2'4 aPaid this year. *llfl reported in the second quarter. | terial and supply producers will report | wide percentage gains. Chemical earnings will be generally up. Food products results will be mixed, depending upon profit margins in various divisions of the indust Machinery and metals corporations are expected to report relatively wide gains, and the miscellaneous group should likewise include substantial in- creases. Oil company earnings will probably be fairly close to last year's levels. Washmgton Exchange SALES. Potomac Electric 67, pfd.—5 at 11075, Washington Railway & Electric 4: $1.000 at 105'y, $1,000 at 10514, $1,000 at 105, s AFTER CALL. Potomac Electric 5'2% 11314, 10 at 1137, Mergenthaler Linotype—10 at at 27. Riggs Bank com.—1 at 210. | Bid and Asked Prices. | BONDS. PUBLIC UTILITY. Bid Amer. Tel & Tel 4':: Am Tel. & Tel col. s Anacostia, & 55 & ‘Bot- Guar &% B Tl 3 Capital Tracticn R. R ,Cll)‘ & Suburban Georgetown_Gas Pot. Elec. Pow Potomac Eiec pfd.—10 at 28 2 Waih Ry % ¥ MlSC‘ELLANEOb: Barber & Ross. Inc 2 Chevy Chase Club Col. Country Club W. M. Cold Storage 5s- STOCKS. | PUBLIC UTILITY Amer & Tel. 1) 3 Capital 1 N. & W Tel Tran 8L Wash. Gas Lt Co. & Elec. Co & Eiec. pid BANK AND TRUST COMPANY Amer. Sec. & Tr. Co. (8)._ (4) Riggs pfd. | Washinzton | Wash. Loan & Tr. | American (1 Corcoran remen’s 0) _ National Union (60)_. | Columpia Real Est: | carnel Corp. Lanston Monotype (4) | Mergenthaler Iémmvnc - DIVIDENDS ANNOUNCED NEW YORK. September 18.—Dividends declared (prepared by the Standard Sta- tistics Corp.): Extra. | Pe- Stk. of Pay- | McKee (A G) | Nor River lm | Resumed. Am Mfs 5% pf____50c . Increased. Kelle Isiand Lime | Trans........20¢ Q Accumulated. Wheeling & Lake Erie 7% prior lien__$8.7 Deferres | Cohen (Dan) Co. | Reduced. Philadelphia Co____15¢ Q@ 9-20 Ann 2 Palyzrlnnhic Co of Public Semce g8 OOR O O PWOOD © OOOOO w © POO’ | Weinberger Drug Stores—_— mer ‘Screw Co~ Aomwitn B4 a DOLOBOLPOO D P | 3’8 Youns C FOREIGN EXCHANGES. D. jof some 40 per cent in industrial | Building ma- | C., WEDNESDAY, 8 Gold Currencies Improve as Fears For Guilder Ease By the Assoclated Press. European gold currencies stiffened in world foreign exchange markets today as fears over possible devalua- tion of the Dutch guilder appeared to have subsided, at least for the moment. The guilder was higher in both New York and London, ruling .09 of a cent higher in New York at 67.56 cents. The French franc was a little higher in London, but in later deal- ings in New York was unchanged in terms of the dollar at 6.59'4 cents, The dollar strengthened a little in | pound sterling was 1 of a cent lower | | at_s4.931; London and later in New York the | EPTEMBER 18, 1935. ELEGTRIC POWER Ysual Seasonal Sgurt » After Labor Day. By the Associated Press. INDEX DECLINES =3 Output ' Fails to Register | & FINANCIAL. INSURANCE STOCKS NEW YORK. September 1R (P —New York Security Dealers’ Association Bid. Asked enta Cas (2'3a) K9 Aetna Fire (1.60) Ae'na Life (.60) Agricultural ‘G Am Ins Newark ;';v = ur Firemen's Ins Frank_Fire (1.15a)" Glen Falls (1.60) . Globe & Rut z Great ‘Amer (1) NEW YORK, September 18.—The | Associated Press adjusted weekly in- | | dex of electric power production de- | clined 0.5 of one perecentage point | last week to 160.9. when the actual | output did not increase after Labor day holiday week by the usual The flalo-Ethiuplan situation ap- peared to be a minor factor, save in so far as it made for hesitancy, and | | the officially controlled lira was again strongly supported in New York at 8.1412 cents, up .01 of a cent. | PARIS, September 18 (#).—Three | per cent rentes, 76 francs 95 cen- | times; 4'2 per cent rentes, 86.80. Exchange on London. 74.90. dollar was quoted at 15.17!,, STEEL RATE OFF SLIGHTLY IN WEEK | |Recession of Half a Point Not Connected With General Outlook. B the Associated Pres NEW YORK, Srnl(mbr( 18 The point to 52 per cent of capacity, Iron | Age reported today in its weekly sum- mary of steel trade conditions. The minor change in operations was de- scribed as having little significance in connection with the gen “In its bmad trend. commented, “the immediate future of steel production is largely dependent on the automobile industry. Motor car makers have encountered unex- pected delays in making the transition from old to new models. with the re- | sult that steel orders ars still con- fined to relatively small lots, “Parts makers .are now specifying liberally and past experience indicates that car manu rers themss wili order freely as soon as they | their production machinery working smoothly again. “Pig iron buying for fourth q ar'rr is active in most cago producers have accumulated v}*r largest backloas since pre-depression vears. Lake Erie furnaces have the heaviest bookings in two years.’ The review reported further ad- vances in heavy melting scrap steel at | Cleveland, Buffalo and Boston. and added that, though the general up- ward trend has been a ed. it has been completeiy stopped. The publication’s scrap composite is un- changed at $12.75 a gross ton Tin plate output has dropped to 55 per cent of capacity, in line with sea- sonal expectations. Shee; mills are maintaining operations at 70 per cent | strip mills at 45 per cent and pipe mills at 40 to 45 per cent. Wire pro- | duction has advanced from 45 to 50 ‘per cent. 1 — i CHICAGO LIVE STOCK. | ., cHICAGO States Depa fyi (September A Ca 1 000 fter strictly good market at 17 | in between kinds sel showing some st p. high on crop; several loads better grade heifer vear! lower ong with = comp: ady: all cows weak t u vealers steady: s and feeders U5 under last week. slow at decline Sheep. 11.000 mostly steady: bulk g0od ! .00 outside paid freely for few chotce Tots b0 smali. Eill erns as vet unsold: shee) feeding ‘lambs weak pound feeding lambs 9.00 and above U.S. TREASURY POSITION. By the Associated Press. The position of the Treasurs on Sep- tember 16 was | Receipts | 015.040.45 fat lambs fairly active net receipis fof (since the, previous day sold ‘assels, Receipts for Septemper 1 parable date 1 | expenditures. ance. $2.167 for_the ‘month. Receipts for' the fiscal 216.93; expendi Tincluding SUO8.08 | expenditurec): excess 1,792 4R 38. gross oid aster: 9114 (com- MONEY MARKET. NEW YORK. September 18 (P.—Call money steady; ‘4 Der cem l“ dn)‘ Time loans_ steady. ere -8 months. Daper. unchanged d. | Reserve Bank. 1! STEAMSHIP§ MEDITERRANEAN and all Europe—De Luxe service on famous express liners via the smooth Southern Route. TTACIAN L13 5th_Ave.. RESORTS. ATLANTIC CITY, N. J. A Rendezvous with Health! ATLANTIC CIT Spend happy days beside n.- oa, directly on the Boardwalk . . . supremely served and attended with | the intimate comforts of your home. | SUN DECKS « SOLARIA + GARDEN TERRACE SEA WATER BATHS * TEMPTING CUISINE | 3 blocks from Auditorium and Union Station WALTER J. Seo. Caroline Ave. ATLANTIC CITY HOTEL Miowic Cry's tral fireproof hots theBoardwslk. R NEW YORK. September 18 (. eign exchange irregular. dollars ohers in cents. Great Britain— Demand. 4 3%, cables, 4.83%: 8 80: Norwag. 2| Denmatk. 220 Finlan avmerhnm 3245: Boain, Tb. “Portusals 4.1 ece, Po- land '18.97. lnchollovlhl ugo- 3 Allllrl mania. 9 e JHongkons. 51, 15 eal in v New Y’?fl T lamrnL "100. nlfl. Jork, 827, b Fo- Great Britain in | baths. "Free Parking or Bathine. Write for Special Fall and Winter Bates. COLONIAL BEACH, VA. COLONIAL BEACH HOTEL n tlt ¢ THE LANKFORD On Boardwalk; sarage, M. l’l.llhl. Prov, Steel | ingot production has receded one-half | New_York. | HOTEL DENNIS seasonal amount | During the previous week the index stood at 1014, and for the cor- | responding week of 1934 the index | was at 93.2 | | The index, based on 1929-30 as 100, | |is adjusted for seasonal and long | |term trends. The range of recent | years follows | 1935 1934 1933 1023 974 919 High - | 941 919 802] Low ‘The Edison lectric Institute re- pnund today that power production in the United States for the week | ended September 14 was 1.827.513,000, | an increase of 4.3 per cent over the previous week and 11.9 per cent over | the same week of 1934 Gams of the major geographical ions last week over the 1934 week | Iol]ov\ | New England, 16,8 per cent; Middle | Atlantic. 6 per cent: Central Indus- | | trial, 13.2 per cent: West Central, 11.2 | per cent; Southern States, 15.1 per | cent; Rocky Mountain, 44 per cent, and Pacific Coast, 7.7 per cent. SHORT- TERM SECURITIES. (Reported by Chas. D. Barney B za198 the | Homestead Lincoin Fire Mass Bond Natl Fire (2) xd Nayl Liberty (7 Nor River Aoar Phoenix (31:a) | Prov Wash (1) | St Paul Fire (7132) ;n ngfield (413)"- 0 s (1.608) tchester (1530m) a—Including extras e—Declared or paid 5o far this year. w T A-17 FOREIGN MARKETS. | By the Associated Pres, LONDON.—Trading was dull and prices szed In most sections on the stock ex- change early t In the late after- noon a betier tone developed under the lead of British government stocks, which improved on favorable reports from Geneva Other sections were hesitant except trans= Atlantic’ and gold shares, which were The market closed irregular RIS —Uncertainty over the European caused irrezularity on the Bourse With a new drop in rentes In- were slightly firmer. while in- stional isgues held :teadie:. The clos- one was heavy BERLIN —Dcspondency prevalled over the foreien political situation. although the loan market was steady. Pending the outcome of the Italian cabinet meeting P declined as much as 3 peints. The closing was weak METAL MARKET. NEW YORK. September steady electrolytic. spot export. R35a% 60 Tin nearby. 49.40a4955: fu Tron quiet. unchanged 58440 15 ady East Louis St. Louts. spot and . 1900a22.00. ~ Antimony. NEW YORK BAB SILVER. NEW YORK, September 18 (F).— Bar silver quiet and unchanged at 65%. MARKS THE LOCATION OFA PUBLIC THE CHESAPEAKE AND POTOMAC TELEPHONE COMPANY 723 13th Street N. W. QUIET EFFICIENT CLEAN... ECONOMICAL I (Bell System) MEtropolitan 9900 flm’fl oiéwf AS LITTLE AS 15 MO:'I‘II BUYS A GENUINE DELCO-HEAT AUTOMATIC OIL BORNER..A PRODUCT OF GENERAL MOTORS COMPLETELY AUTOMATIC PRICE INCLUDES COM «. . NO EXT financing history —you can automatic Delco-Heat at once. NOT A PENNY DO You pay nothing down when WHOLESALE 1519 L St. N.W. American Heating F. S. Harris. 2900 14th St. Engineering Co., Gingell's Motor Md. Ope: . 907 N. Y. Ave. N.W. - N. H. Collins, Forestville, Md. 1 I. 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