Evening Star Newspaper, September 23, 1935, Page 15

FIN STEADINESSMARKS TRADING IN BONDS List Scores Moderate Rise Most of Day—Federal Issues Uneven. BOND AVERAGES 26 10 10 10 Rals. Indus. Util. For'n. Net change. +.1 Unc. —2 +.3 Today, close 825 99.2 97.2 Prev. day-.. 824 99.2 974 Month ago. 825 99.1 974 Year ago... 8.3 86.8 828 1935 high.. 87.8 99.6 98.7 1935 IOW.... 764 92.2 845 1934 high... 89.4 929 889 1934 low.... 745 73.7 68.2 60.2 1932 10W.... 45.8 40.0 646 42.2 1928 high...101.1 98.9102.9 100.5 10 Low-Yield Bonds. T'd'y, cl'se 109.9 Prev. day 109.6 Month ago 109.2 Year ago. 105.6 1935 high 110.7 1935 low.. 107.9 1934 high 108.3 1934 low.. 99.1 1928 high 1044 1932low.. 868 (Compiled by the Assoclated Press.) 67.1 66.8 67.5 67.5 70.4 65.5 70.0 By the Associated Press NEW YORK, September 24—The | bond market displayed a steady tone | at the close today. For most of the session the list showed a trend to- ward moderate gains. Foreign loans firmed following last | week's sharp declines under liquida- | tion. Italian issues led the recovery. United States Governments were slightly irregular, closing 4 32ds of & point higher to 6 32ds lower. Fractional or wider advances were established in a long list of loans, | including those of Baltimore & Ohio, Great Northern, Missouri-Kansas- | ‘Texas, Pere Marquette, Western Mary- land, Santa Fe, Liggett & Myers, Container Corp. and Loew's, Inc. Chicago Grain By the Associated Press. CHICAGO., September 23.-—Chances of long-drawn-out negotiations, rather | than quick, war-like steps, did much today to make wheat values rule | lower. | A fall of 2'. cents in Minneapolis wheat quotations was especially d. concerting to bullish traders here. E: port business in Canadian wheat was slow. Wheat closed unsettled, 33-11. under Saturda finish; December, 98'-33: corn, ‘3-Jg off; December, 58'2-%; oats unchanged to 33 lower, and pro- ] 1 | Australia 438 " | Belgium 7856 . __. | Chile 65 ! Chile 7s | Coiombia 6s ‘51 Jan. | Copenhagen 6s ‘52 .. | Dominic 2d 512 40 _ i ANCI1AL. , WASHINGTO BONDS ON N. Y. STOCK EXCHANGE By private waflmtumam. Approximate 'l‘nn-mluln Today. U. 8. Gov't BondS...... $1,440,000 Foreign Bonds..eee... 1,180,000 Domestic Bond: 4,670,000 LIBERTY. High. Low. Olose. 3%81949-52 10210 10210 10210 4th 4%s1933-38 10010 1009 10010 4th4%s33-38rg 1007 1007 1007 TREASURY. 23,5 1945-47_ 1003 9930 9930 27%31955-60 994 991 991 35 1946-48 ... 10116 1018 1018 35 1951-55 _aeen. 10121 10118 10120 3148 1946-49.oe. 10218 10213 10218 3%s 1941, _____ 10617 10616 106 16 31;,81944-46 ___ 10319 10315 10317 31,8 1944-46 reg. 10314 10314 10314 33 s 1940-43 June 106 106 106 3%s 1941-43 Mar 1068 1066 1067 385 1943-47 10430 104 30 10430 3% = 1946-56 108 108 108 4n 1944-54 10916 10913 10916 1,8-31,51943-45 104 10329 10329 Uul 1947-52 11328 11326 11327 FEDERAL FARM MORTGAGE. 2% 8 1942-47 . 9824 9824 9824 ——- 1007 1005 1007 9922 9919 9919 —-- 10124 10120 10124 HOME OWNERS' LOAN. 2% 8 1939-49 - 9812 987 9811 351952 9922 9917 9919 FOREIGN BONDS Abitibi Pa&Pw 6s'53 Antioquia 7s'45 A_ Antioquia 7s 45 C Antwerp 55’58 . | Argentine 5%s 62. Argentine 6s'57 A_. Argentine 6s ‘58 B Argentine 6s ‘59 June Arzentine 6s'59 Oct Argentine 6s ‘60 May Argentine 6s '60 Sept Argentine 6s 60 Oct Argentine 6s 61 Febr Argentine 6s 61 May ] 964 10175 102 116 100% 1061y 111% 106, 997 25l Australia 58’55 Australia 58 '57 Eatavia Petr 415542 Belgium 68°55 Belgium 6%s 49 Belgium 7s - 1004 5 10615 5 .. 111% Bergen City 5s 60 Berlin 6s'08 Berlin Elec 6138 '51__ Bolivia 7s '58 Bolivia Ts Bolivia 8s 47 Brazil 61382 Brazil 6355 '27-'57 . Brazil 7s 52 Brazil 8s "41 Bremen St 7 Brisbane 6s 50 - Buenos A 6s ‘61 st Pv Buenos A C 6's” Caldas Tas ‘46 Canada 4s "60 Canada 413s°36 Canada 5s '52 Cauca Valley 712846 “hile 65 60 Chile 6s 61 Febr_ Chile 6s Chile 6s 20% 25'% 1% 100 5814 924 10%% 102 101'% 1072 10 13% % | ‘42 141 Chile \ll;. Bk 65 61 124 | 11| Chi T H Colombia 6s 61 Oct Copenhagen 4%s ‘63 Cordoba 7s ‘57 stpd._.. Costa Rica 7s '51 A May coupon on - Cuba 5145 45 __ Cuba 5%s’53 - Cund'amarca 61859 Czechoslovakia 8s '52 Denmark 4s ‘62 Denmark 514s ‘55 Denmark 6542 Dominic 1st 5125 '4 100% 65 70 65 El Salvador 8s'48 ct_ 3% Estonia s 67._. Chicago Cash Market, | Cash wheat, No. 2 hard, 1.18al9; | coin, No. 2 mixed, 85!»a%; No. 1 yel-l low, 86; No. 2 white lake billing, | 86'4; oats, No. 2 white, 331:; choice, 35; sample grade, 231,a2915 * buckwheat, soybeans; barl feed, 32a45: malting, 50a75; seed, 2.50a65 per hundredweight; ver seed, 11.50a17.00 per hundred- | weight. Liverpool Grain Prices, LIVERPOOL. September futures closed easy. High October . Decembe: March Exchange, § Low. A A o 313 | POs BBY 8EY 907 | Baltimore Quotations. BALTIMORE. September —Wheat, 0. 2 red Winter. garlicky, spot. domestic, &) bid; September. 8. Washington Exchange SALES. Mergenthaler Linotype—10 at 28. AFTER CALL. Capital Transit Co.—5 at 1815, Norfolk & Washingtor Steamboat Co. —3 at 90. Capital Traction 55—$1,000 at 96%, | _ $1,000 at 963;. Bid and Asked Prices. BONDS. PUBLIC UTILITY, Amer, Tel & Tl 4s tr. Finland s '45 Finland 6%s '5 Frameric In 7735 42" Frankfort 613s 52 Ger C Bk A 6s'60 Oct Ger Gov 512865 .| Ger Prov & City Bk con Ag 613858 _. Grt Br & Ir 53%s'37 Grt C El Jap 63s ‘50 Helsingfors 6135 '60 ltaly 78761 Ital Crd P W 75’47 B. Ital PUCrd 78'52 .- | Japan 58 65 .. Japan 614s 64 - | Jugos Mtg Bk 7s '57 unmat coupon - Karstadt 6s '43 = | Lombard E1 7s " Medellin 638 50 Merid Elec 7 Met Water 5358 '50 Mex 43 '54 asst. Milan 61ps " Minas Gers 61559 Sept coupon off __ New So Wales 5s '57. New So Wales 6s '58 . Nord Ry 6%:8'50 Norway 5= '63 Norway 6%s 65 Norway 6s 44 Norway 6s'52 Oriental Dev 5%s '58 Oriental Dev 6s ‘53 Oslo G & E 55 '63 - | Oslo 6855 ____._ Paris Orl Ry § Peru 6s'60 . Peru 6s"61.. Peru 7s 59 Poland 8s ‘50 Porto Alegre 8s ‘61 July coupon off__. 1’2 | Prussia 6%s 51 ._ Elec. Pow. Cons. Potomac Elec. 6 ¥ Gas MISCELLANEOUS. Barber & Ross. Inc.. 6'3s Chevy_ Chase Club 5!as CoF. Countrv Club 51 ‘W. M. Cald Storage 55 STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9)_ 3 Capital Transit Co. (I)_ N. & W. Steamboat ;g) » D B i BANK AND TRUST COMPANY. Amer. Sec & Tr. Co. (8 en's 0) Nationa1" Union (60 TITLE INSURANCE. Columhh (.30) _. Beal, Estate (6] rpel Corp. u 60)_. - Canston Monotype (1) Mergenthaler _Linotype. Peosln Drug S. pfd. Real Est. M & G. pfd. ( & wdwd & Lof MONTREAL SILVER. MONTREAL September 23 ().—Silver steady. 15" lower to 15 ey Canteacts, igh, Low, 55 60640 .70 66.50 Close. 66.30b Beptember _ G600 cember D"b——BLd. ——— RETAIL TRADE BRISK. NEW YORK, September 23 (#)— For the most part, retail trade con- tirfued brisk in the metropolitan area here during the last week. Apparel divisions were particularly active, with accessories following closely, \ Queensland 65’47 Queensland 7s"41 Rhein-Rhur 6s'51___ Rhine W E1 P 65 '55. Rima Steel 78’55 Rio Gr do Sul 6s 68 June coupon off __ Rlo Gr do Sul 7s '66 May coupon off _. Rio Gr do Sul 8546 April coupon off .. Rome 638 ‘52 Santa F Arg 78’52 stp Sao Paulo St 8s ‘38 July coupon off _. Saxon Pb W 643861 Saxon Pb W 7845 __ Serbs 7s '62 unm c on erbs 8s '62 Novcon. Siemens & H 7s'35 Silesian Bk 6s '47 Sydney 5%s'65 Tatwan Elec 5%s 1. ‘Tokio 5%s ‘61 Tokio El Lt 6s 53 Un Stl Wk 6%s°51 A. Uruguay 6s°60 __ Uruguay 8s 46 = Vienna 6s ‘52 May co Warsaw 7s '58 Westphal El P 6s '53. Rhine W El P 6s°52.. Yokohama 6s'61____. DOMESTIC BONDS. Ala Grt Sou 4s’43___. 100% 1005 100% Alleg Corp 6s 44 78 1T 1% Allled Store: (*l 50 95 95 95 Allls Chalm 101% 101% 101% Am & For P 5- !0]. 69!‘ 69 69% Am Icecv 5853 72 Am1GCh6 um um 1% Am Intl 6% Am Roll Mill 4%s'49 118 112% 112!( Am Smelt & R 55 °47. 100 100 100 109 108% 108% AmT&T 4% 39 Am T & T cl tr bs '46. 108% 108% 108'% 112% 112% 112% AmT & T deb bs 60 AmT& Tdebbs 65. 112 112 112 AmT & T b%s 43 113% 112% 113 Am Type Fd 65’40 cfs 49% 49 49 103% 103% 90 90% 24 24% 17% 17% 17% 62 614 61% 103% 103% 103% 103 109 108% 109 107% 107 107% 110% 110% 110% 105% 105% 105% 92% 93 Am Writ Pap 6s 47.. 24% Anglo Ch Nitr 7s 45 Ann A 1stex in 4s°'95 Armour & Co 4%s ‘39 Arm'r(Del)1st ¢s ‘65 A T&S Fe ad 4s ‘95 st A T&S Fe gn 4s '95 A T&S Fe 4%8 48 A T&S FeC A 4%8'62 A T&S F RMt dv4s'6s AtlCoast L 1st 48'62 93 103 A High, At] Coast L clt ds Atl Coast L elt Atlantic&D 24 37 Aust & Nor 68 ‘4laaae B&O1st4s'45_____. B& O ref 6895 AA._ B&OG6s'96F B & O ref 552000 D B & O ref 95 C B&O PLE&W V B&OSwn6s°60 _ Bang&Aroos cv 4s’61 Beech Crk ¢s '36 gtd _ Bell T of Pa6s’48 B_ Bell T of Pa 55’60 C. Beneficial L 6s'46 Beth Steel 41(s 60 sf_ Betn Stirf db 6s 1 Beth Stl p m bs ‘36 Big Sandy Ry 4s°4 Bos & Me 6s 67 BosNYAL4s'55 _ BklynCy RR os 41 Bklyn Edis 5549 A_ Bklyn M T 6849 A Bklyn M T 6368 A _ Bklyn Un Gas 5s 45 Bklyn Un El 68 '60 . __ Bklyn Un Gas 58 ‘60 100% 101% 58% 74 41 Canada Sou 65 '62 A_. Can’dian Nt R43%#'51 Can'dian Nt R4138'66 Can'dian Nt R4%8'57 Can‘dian Nt5s'69July Can'dian Nt 5s'69 Oct Can’dian Nt R 5870 Can'dian N db6%s'46 Can‘dian Nr db 7s ‘40 Can’dian Pe db4sperp Can'dian Pc 43 Can‘dian Pc 63 '44 cfs Can'dian Pc bs ‘54 Cent Br U Pac 45 '48_ Cent Dis Tel 5s ‘43 Cent of Ga con bs '45. Centof Ga 5559 C__. Cent 111 E & G 53 '51 Cent of N J gen 6s ‘87 Cent of N Jgnis (3 Cent Pac 1st rf 4849 Cent Pac 6360 _ | Cent Steel 8s°4 Cert'd deb 5148 48 Chesap C cv cl bs 44 Chesap Corp 5s "47 C&Ogen4iys'92 C&O4%s8'93 C&O4%s'95B ... Chi & Altref3s'49 _. | Chi1 B & Qgen 4s'58 Chi B&Q4%s 77 Chi B&Q ref 5871 . Chi B&Q 1 dv 3% '49 Chi & E 111 5551 Chi Grt W 4s'59 _ Chilnd & L 4547 Chi 1 & L gen §s Chil& Lref 6s" Chil& L gen 6s '66 . CM&StP gn 345'89B CM&StP 45 89 CM&StP gn 458’89 C M&StP 5875 MStP&P ad) §s 2000 Chi & NW 4328 2037_. Chi& NW 43549 ___ Chi & NW gn bs '87 C&NW Nr W 6345 36 1313 | Chi R I&P rf 45 '34__ CR I&P 4%s 5, 12 .»Cli 1&P 418 Chi R I&P 438" inc 55 '60 Chi T H&S 15t 5560 13 | Chi Un Sta 5544 ~| Ch1 & W 1 con 4s'52. m,lChl&Wlfi\,- 2 sm' Childs & Co 5 | Chile Cop deb 6s Cin Gas El 4s 68 A CCC&SIL rf 4% 8'17E CCC&StLrf 6s 41C Clev Snort L 48 '61 Clev Un Ter 418 17 Clev Un Ter 55 '3 B Clev Un Ter 5148'T2A Colon Oil 6538 3 | Colo Fuel & Ir 55°43_ Colo Ind ci tr 5s 34 Columbia G&E 5s 61. Columbla G & E 68 °52 May . _. Col & So 42580 Con Coal Md rf 5s 50 Con Coal Md 55’50 cfs Con Gas N Y 4338751 Con G N Y db5%s'45 Consumers Pw bs '52 Container deb s "¢3 Container 6s 46 CrownC &S 6s " Crown Will P 685 Cuba R R 1st bs '52 Cuba RRref T%s" Cuba Nor RR 5%s 42 Del & Hud ref 4s°43_ Del & Hud 5%s'37 .. Den& RGen 48’36 Den& RGrf5s'78 _ Den&RGW 55’55 asst Det Edison 4135’61 D Det Edison rf 5s '49__ Det Edison 63 '52 Det Edison rf 5s Det Riv Tun 43¢ Donner St ref 7s 4 DulSS& At 55°37 _ Duqu Lt 18t 4%8'67_ 1074 106 1041 933 103% 105% 104% 49 50% 54 81% |ETV &Gacnis'56. Erie 4s 96 Erie gen Erie ref 5s '67.. Erferef 6s'75.. Erle & Jersey 65 '55.. Fed Lt & Tr 6s'42___ FlaECRy5s'74 ___ Fond J&R 4s '82 filed FranSug1%s'42 __. GalvH& Hbys Gannett 6s ‘43 G&E Bergen NJ. Gen Pub Sve 5% 74 | Gen Thea Eq 65 40__ | Goodrich 6s "45 Goodrich 6%s "47_. Goody'r T&R bs '67.. Goulo Coup 68 "40_ Gr Tr'k of Can 7s°40. GtNRgen4%s'1TE GtNRgenbs'73C_.. GtNRb%s'52 B GtN R gen 7 Gulf M & N 6s 60 __ Gulf M & N 53850 . Har Ry-P C 1st 48 '54 Houston Oil 6%s '40_ | Hudson Coal 6552 Hud & Man 1nc b . Hud & Man ret bs '57. 111 Bell Tel 68 58 i1l Cent 43866 111 Cent Ltch 35 '51__. ICC&SIL NO 4%s 63 ICC&St L NO 68 '63 Ind'polis U R 55°65 B Iniand Stl 4%s 81 B_ Inland St 4%5'78 A Int Gt Nor 6852 A. Int R T 1st rf 65 6 LR T lst ref 53'66ct. Int R T 6s 32 Int R T 6s '32 ctf; IntRT s 32 Int RT 7s'32 ctfs ... Interlake 6s 61 - Int Cement 6s ‘48 _ _ Int Gt Nor adj 6s'52A. int Hydro El 6 Int Mer Mar 65 ‘41 Int Pap ref 6s Int Rys of C A IntT&Tcv Inv Eaquity 6s 47 A.. Iowa C 1st&rf 4s'51_. James F & C43'39 __ KanCFS&M 4s'36. KanCP&L 4%s'61. 101% % 80% 31% 111% 621 106% 1041 Laclede G 6%s ‘60 D Lautaro Nitr 6s 54 Leh V Pa con 4s 20603 L V Pacon 4%s 2003 Leh Val Ter 5s'41___ Ligg & Myr 68’51 ... Ligg & Myr s 44_... Loew's 65 "41 ——— Long Dock 6s '35 _... Long 1sl gen 4s ‘38 Long 1sl ref 4549 La & Ark 6s 69 L&Nunifas 40 L&N4%s2003C.... L & N 682003 B. 106 McKess & R 6%8°50. 101% Manhat R 48'80ccee. 70 100% 75 1061 100% 108% 116% 1065 10513 104% 931y 103% 105 104% 4813 5315 101% % 8015 31% 31% 111% 111% 62 62% 106 106% 104% 104% 87 87 101% 101% 100% 100% 725 72 16% 16% 39 40 451 464 103% 108% 122% 1227% 133% 133% 1041 105 100% 100% 105 105 100% 100% 75 75 1061 106% 100% 1005 106 106 100% 101 69 170 4 | Tenn C&C 65’44 B __ {UnOCal6s’42 A__. High, 65% Low. Clase. 65% 65% 80% 80% 2% 18 90 90 97 97 107% 108 16 16 Manhat R 4s'90 ctfs. Manila RR SL 4 Marion St Sh 6 Market Mead Co Met Ed 1st rf 4% 8 10! Met W S El Ch 4538 103% 103% 97% 9T 1015 101% 100% 101 991 99% 30% 30% 81% 814 24 24% 6115 3344 48°90__ | 62 39 Mo Pac 45756 Mo Pac 58’65 Ao Mo Pac 6877 F Mo Pac 58 '80 H_. Mo Pac bs ‘81 1 Mo Pac6%s'49 A Mob & Birm 4s'45_. Mob & Ohio 5s '38 Monong Ry 1st 4 Mont Pwr ret Mor & Esx 3%s 2000 Mor & Esx 4%8°56 Muiray Body 63;8 "42 Nashv C&St L 4578 Nat Dairy 6% s 48 __ NatDis PC 4%s 45 Nat R M 1st4s'51 Nat Steel 45 '65 New J P&L 4%s ‘60 New Or GNR 6s'83 A New Or PS6s'62 A_. New Or PS68'66 B. New Or T&M 5%8 ‘54 N Y Cent 3%8'97 N Y Centcon 4898 _. N Y Cent rf 4348 2013 NYCrf4%s2013n N Y Cent ref 552013 N Y Centev6s 44 N YCL~n:u,s .)l - f\\L&blL 4% | NYC&StL 6% NYC&StL 1st 68 N Y Conn 1st 433853 N Y Dock 1st 4861 _ N Y Edison s 44 B 107% 110% 111% 105'% N YGEl I(&l‘{i 49 NY LE WD Imp 5s'43 NY NH & H 45 '57 NY NH& H 4%s 67 NY NH & H cv 6 4!. N Y O&W gen N Y O&W ref N Y Rys inc 6865 N Y Steam 1st 5s ‘51 N Y Tel gen 4%s '39_. NYW&B4%s'46 _ Norf So 1st ref 55 '61. North Am Co 58 61 North Am Ed b} Nor'n Pac gen 3s Nor'n Pac 4s ‘97 Nor'n Pac 4s '97 reg.. Nor'n Pac 4%s 2047 Nor'n Pac 58 2047 C.. Nor'n Pac 552047 D.. Nor'n Pac 65 2047 __ Nor'n St P 1st5s'41A Nor'nStPés'41 B .. Ogden L C 4548 Ont Pw Aldg 5543 Ore W R K & N 48 '61 Otis Steel 63 41 Pac G 5s a2 Pac T&T ref §s Par-B'way b1 Param’t Pietures €s Park-Lx 6%s 53 cfs Penn RR 3%s'42C._ Penn R I con 4s ‘48 Penn RR cn4s'48 stp 33" 102 110% (PennRR4%s 81D Penn R R 4%s ‘84 Penn R R gn 4348 '65 Penn R R db 418 ‘T Penrn R R 4%s 63 __ Penn R R 68 64 = Peun R R gen 53 68 Penn P & L. 43s 81 Pecria & E 1st 4s 40 | Pere Mara 1st 5s 56 Phila B&W 4543 Phila B&W 415 '81_. Phila Co 68 '67 Phila El Co 434867 _ | Phila& RC& 15873 Phila & RC & 1 63 49 Philippine Ry 4837 Phillips Petr 6 39 PCC&StL 4%8'77C. PCC&StL 58 70 A | Port Gen El 4% ‘60 Porto Rico A T 6s 42 Postal Tel & C 68 '53. PubSEI&G 4s T1 Purity Bak 5548 E-K-O 6s'41___ Reading Jer C 4s 51 Reading R 434897 A Rem-R 6% 847 A ww Rep 1&Stl 58 °40 Rep 1&St] 5%s'53 A _ Revere Cop&B 6s '48 Richfield Oil 6s 44 | Richfield O 6s ‘44 cfs RG W Istexin4s'3) Roch G&E 55’62 B _ Roch G&E 538 ‘48 St Jo Ry L T&P M&PS F 4s°'50 A = F 43'50 A cfs_ SF4%s18 _ S F 41,5'78 cf st W 1st 45 89 W 1st ter 58’52 wrrrrrrr 7:'!"/1/:0m.n:3 | San A&A Pass 4s'43_ Schulco 6325 '46 B st. Seabd A L 6s 45A __ Seabd A L 6s 45 cfs .. Sharon S H 53848 Shell Pipe L §s ‘52 Shell Un Oil 58 67, Skelly Oil 5%s 39.. So Bell T&T bs ‘41... So Pac col 4349 So Pac ref 4s 55 So Pac 41,8 68._ So Pac 4%s '69.. So Pac4%s'8 So Pac Ore 4 So Ry 6s'94 So Ry gen 6s'56 So Ry 61%8'56 _ Stand Oil N Y 435’51 Studebaker cv 6s "45. Swift & Co 3%s ‘60 101 9813 104 878 103y 927 9% b56% 244 104 104 119% 119% 111% 111% 101% 102 105% 1053 » 105% 105% 107 107 90% 90% YO i 19% 19' 874 87l 4415 4413 48% 49 80 804 1% 11% 104% 104% 105 105 111 19% 197 211 65% 82 32% 80 95% 95% 1043% 104 29% 20% Tenn Bl Pw 68 47 A_ Term As St L 48 53_. Texarkana 5%s '50 Tex Corpcv 58 44 Tex & Pac §8'77 B_. Tex & Pac 58'79 C... Third Av ref 4s '60 _ Third A ad in ex 58’60 Trumbull Stl 6540 1 Un Pac 1st 4s "47_. Un Pac 4s '68 Un Pac 1strf 48 2008. Un Pac 43867 Unit Biscuit 6850 Unit Drug 6s ‘63 U S Rubber 5847 _. Univ Pipe & R 63 '36. Utah P & L 6s Uil P& L6 Utll P& L5%s 47 Vanadium cv bs 41 Ver Sug 1st 7s ‘42 efs Va E&P 1strt 58’65 A VaRy4%s'62B ___ 1 Va Ry 15165 62 A Wavash 4%8 '78_ Wabash 5s ‘80 D_ Walworth 63 45 A__. Warner Bros cv 6s ‘39 Warren Brcv 6s 41 . W Sh 1st 4s 2361 gtd. West'n Md 18t 4s " West'n Pac 65’46 A West'n Un 4%s'50 West'n Un cl tr 58’38 West'n Un bs West'n Un 6%58°36 Wheel Steel 43%s '53. Wheel Stl 5% '48 A_ White S M 65’36 ww. White S M 65’36 xw_ W Sp Stlcon 7s '35 et Wis C 1st gn 4s 49 Win Sal § B 1st 45’60 Youngtn S&T 5s8°70 Youngtn S&T 55’78 A VISIBLE GRAIN SUPPLY. NEW YORK, September 23 (#).— The visible supply of American grain shows the following changes in bushels: Wheat increased 3,195,000, corn decreased 772,000, oats increased 3,635,000, rye increased 380,000, barley increased 1,827,000, 9 9 9 106 106 106 98% 98Y% 984 9T 9T 974 AY, SEPTEMBER 23, 1935. CAPITAL PRODUGE PRICES ARE STEADY Few Quotations Changed on Eggs, Live Poultry and Other Lines. Most quotations were steady at un- changed levels on the Washington produce market today. ‘The summary, with egg and live poultry prices furnished by the De- partment of Agriculture, follows: BUTTER—One-pound prints (02 score), 1-pound prints (90 score), 1-pound prints (89 score). IRETLH loins. f strip bacon. Compounds. 13 5a] 1% EGGS—Market generally steady a8 un- changed prices. 31; average. hennery whites, 34a35. ' Government xnded egs (ncluding grading U. 8. extras. large, 42: : 36; U. 8. stand- ards, large. i LIVE POULTRY—Market quiet. Prices unchanged. Fowl: Colored. heavy, 18a20; Leghorns, 1 ; fogsters. 11a12. Boring Rocks. average 1K marketing costs U. 5 extras, mediums, 23 Guinea fowl Youns. '35 Lo a pair, CHICAGO STOCK MARKET CHICAGO. September 233 (). —Following is the complete official list of transactions in stocks on the Chicago Stock Exchange today: High. Low. Last 3107 107% 4 400 Armour & Co. 200 Assoc Invest _ 50 Autom Prod 100 Bastian-Bless Bendix Av Berghot! Brew Borg-Warner Brown FAW "B Butler Bros = Castle A M____ 10 Cen Celd Stor I P sve pf c 8 W UL SEW S &8 Wl 4800 &hi Corp 50 Chi Mail Order _ 400 Cities Serv _ 700 Club _ Alum 200 Com'with Edis 550 Consumers 30 Consumers 7°¢ pf 400 Cont Steel 5 Corp . Crane Co 2 Dayton Rubber Davton Rubber A Dexter Co El Household 750 Elgin Nat Watch_ 100 PitzSimmons-Con 150 Goldblatt - 800 Gt Lakes Dredge 10 Harnischfeger __ 300 T “Bric 100 Ind Pneu Tool - Iron Fireman Kalamazoo Stove : 50 Kellogg_Switch - &0 Ky Ut Jr cum pf 50 Ky Ut 67 40 Quaker Oats 10 Quaker Oats pf 100 Raytheon vte 50 Ravtheon vic pf. 50 Ryerson 10 Signode Steel 10 Signode St1 DY wal Oli-0-Mat 100 Wisc Far = 150 Zenith Rad 4 Total stock sales S‘Nember 2 L—~ 4,000 shares. INVESTING COMPANIES NEW YORK. September 23 i#.—New York Security Dealers’ Association: Cl uotations.) gesiiie Bd Asked. Am Business Shr: 1 Amn Gen Equities_. | Basic Industry - Bullock Fund _ Corporate Trust Cumulative Tr_Sh | Depos Bk sh N | Depos Ins Shrs Diversified Tr C. Dividend Shrs Equity Corp $3 DI | Fidelity Fund Inc Investors Fund _ Xmesmr: Fund of Sipervited Shrs - Trust Fund Shrs Trusteed N Y COMMODITY PRICES 'W_YORK. Sentember The Asso- clated Pres wholesale n;(ce él:;e‘: of 20 basic commogities today advan 73 " Eevious 52; week 7459 P anee ot recent vear s o [ 12.!4‘; 1933, Miscellaneous Markets. Additional New York markets (as com- viled by the Associated Press): CO! gleady: Rm No. 7. 6 anc url December. March. Santos futures steady: .10b: Dec: 4.98n; fes. 11.00 ber fil"b March, 8.19n MOY JAR—Futures Ne c)aseu s!eldy unchunvcd to 1 hlther‘; 14.0 .rc Mly. 18b: duly. 2.53b; 'smun- ber CRUDE RUBBER—Futures glosed dull lower to 3 higher: sales. No. contracts _October. 1 anuary, 11 68; Marcl K5 May. July. 12.15. Smoke: beed spot, Tn““ 3-5 J ck doble exoma 1 s eent meiene 15 T 4 b—Bid. n—Nominal. e DIVIDENDS ANNOUNCED NEW YORK. September 23.—Dividends declared: Initial. Stock murnod rfioxu -h{e Dome Mines w ER & L #% b North_Amer Edison_! West Pw 7% cm pf_$! AT S City Ice & Fuel Co.—Company uro- poses to double manufacturing capacity of its subsidiary, ice cooling applianre corporation, 8t Morrison, Ill. 1031 5 12- '3 | pared with $628,923,000 at tue close of New York Cotton By the Associated Press. NEW YORK, September 23.—With traders inclined to await develop- ments abroad, trading in cotton was less active today. . Hedging and scat- tered selling was absorbed by further trade buying and prices held fairly steady within a few points of Satur- day's closing quotations. December deliveries, after selling off to 1051, were holding around 10.56 during the middle of the after- noon with active months ruling about 3 to 5 points net higher. ‘The report of the Census Bureau showing ginnings of 2,318,395 bales prior to September 16 against 3,129,- 794 last year was without apparent effect on the market. Futures closed steady. lower. October 4 higher to 1 Low. _ Close. 10.46 1045 10.7 i steady, middiing. 10.55. Cottonseed Oil. Bleachable cottonseed oil futures closed easy. October, 10.13b; Decem- ber, 10.15; January, 10.14b; March, 10.24b. Sales, 37 contracts, including 6 switches. b—Bid. Liverpool Quotal LIVERPOOL. September 6.000 bales. including Spot in good demand. erate; prices 7 points lower. 0od 5. (#.—Cotton. 00" 'American. but_business mod- (Quotations | ‘middling. strict mid- middling strict low | middling, 6.30; low middling. 6.05: strict good ordinary. 5.85: good ord -ry. Futures closed quiet steady. ber. 5 #9: December. 5 : January, ah B March, 5.83; May, 5.84; July, 5.84, TRANSIT INCREASES HELD 600D SIGN Six Per Cent Gain in 1935’ Declared Indication of Trade Recovery. By the Associated Press. ATLANTIC CITY, N. J, Septem- ber 23.—Citing a 6 per cent business increase in the transportation indus- | try, Frank R. Phillips, president of the American Transit Association, said today there is reason to hope the depression’s low point has been passe@ and “that general business has egun to climb out of the valley.” | Phillips, addressing approximately | 11,000 delegates to the association’s | fifty-fourth annual convention, said | improved passenger traffic in 1934 re- ! flected the general business improve- ent. “The overall net operating income from street railway operations in 1934," said Phxlhps. who is presldent of the Pmsburgh Railway Cos., “rep- presented & return of 2.2 per cent on the investment of four billions dollars ! in rail property, while that earned by | motor busses was 2.4 per cent.” He said the business gain in the transit industry was more than offset 2 | by higher wages and higher material ‘ | prices. Malcolm Muir, president of Mec- Graw-Hill Publishing Co., stated that | solution of the problem of obsolescent i ‘equlpmem in all industry would “do ' | much to revivify American business.” |BANK GROUP OFFERS Special Dispatch to The Star. | PHILADELPHIA, September 23.—A | banking group headed by Yarnall & Co. are today making public offering of an issue of $2,000,000 Delaware River Joint Commission Philadelphia- Camden 4'; per cent bowds. ber 1, 1933, and are due serally in varying amounts from 1938 to 1973, inclusive, are being offered at prices to yield 2.25 per cent to 3.15 per cent on maturities from 1938 to 1945 and on maturities from 1946 to 1973 they are being offered at 109': to yield from 3.21 per cent to 3.77 per cent if not | called. The bonds are callable on any inter- est date on or after September 1, 1943, | at 105 per cent and accrued interest. If called September 1, 1943, the yield of the 1944 maturity will be 3.507 per cent; the 1945 maturity, 3.459 per cent, | and the 1946 to 1973 maturities, 3.446 per cent. NEW YORK BANK STOCKS DECLINE DURING WEEK Special Dispatch to The Star. [ NEW YORK, September 23.—New | York City bank stocks registered a | | marked declined during the last week, | according to records compiled by Hoit, Rose & Troster. The aggregate market value of 16| leading issues on September 20, amounted to $1,425,789,000, compared with $1,520,291,000 at the close of the | previcus week, a decrease of $94,502,- 000, or 6.22 per cent. | The current average yield of the 16 issues of 4.50 per cent compares with : a yield of 4.22 per cent on September | 13. The current market value is now | 116 times the known -book value, against 1.24 times at the close of the previous week. | —_— NEW DROP REGISTERED BY INSURANCE SHARES Special Dispatch to The Star. NEW YORK, September 23.—In- surance stocks in the New York City market registered a further decline ? | during the last week, according to fig- ures compiled by Hoit, Rose & Troster. ‘The aggregate value of 20 leading fire and casualty insurance issues closed the week at $618,401,000, com- the previous week, a decrease of $10,- 522,000, or 1.67 per cent. The current average yield of the 20 issues of 3.27 per cent compares with a yield of 3.21 per cent on September 13. The current market value equals 133 times the current liquidating value, compared with 1.36 times at the close of the previous week. —_— SHORT TERM SECURITIES. (Reported by Ches. D. Barney & Co.) Allll-chllmfls Cn 51 1R17 Best Sugi | ders of 211,140,000 feet. | Yo LARGE BRIDGE ISSUE ¢ The bonds, which are dated Septem- | U FINANCIAL. 1935 HIGH REACHED INLUMBER OUTPUT Orders 33 Per Cent Above 1934, but Fail to Equal Production Mark, ‘The week ended September 14 was the record week for lumber produc- tion this year, being 10 per cent high- er tnan for the immediately preceding week, which included Labor day. Orders increased 18 per cent over | that week and were 33 per cent high- | | er than for the corresponding week of 1924. Shipments, however, were 7 per cent below the week’s output and new busi- ness was 13 per cent less. All items, as given by these reporting mills, were materially in excess of the same week of a year ago. ‘The foregoing comparisons are based upon the reports of the National Lum- ber Manufacturers’ Association from regional associations covering the operations of leading hardwood and softwood mills. During the week ended September | 14, 579 mills produced 241,956,000 feet; shipped 225,408,000 feet; booked or- Revised fig- ures for the preceding week were mills, 623; production, 220,095,000 feet; shipments, 196,440,000 feet; or- ders. 179,209,000 feet. Scuthern pine was the only regiun| to report orders above production dur- ng the week ended September 14; Southern pine, West Coast, Southern cypress and Northern hardwoods were !the only ones to report shipments above output. Total softwood or- ders were 12 per cent below produc tion; cent below hardwood output. All re- gions but California redwood, South- ern cypress and Northern pine, re- ported orders above 1934. All reglons reported production above similar items of corresponding week of 1934. ftwood orders were 32 per cent | above and hardwood orders 83 per cent above those of similar week of 1934« unfilled orders on September 14 as | the equivalent of 20 days' average production and stocks of 142 days compared with 23 days and 165 days a year ago. NATIONAL BONDHOLDERS PAYMENTS APPROVED By the Assoctated Press, NEW YORK, September 23.—Di- rectors of National Bondholders' Corp. bave approved cash distributions of aoout $1,076,000 on 30 different series of participation certificates. About 4,800 certificate holders of record October 1, 1935, will receive payment. National Bondholders’ Corp. is the organization formed in connection with the reorzanization of real estate securities guaranteed by National Surety Co. 'NEW YORK | BA'\IK 3ANK STOCKS NEW YORK_ Seotember 23 (#.—New ork Sec Dealers’ Association \Quotations as of ¥ o'clock ) Bk of Man (11 Bankers Tr (2342) B Tr _4) Cen Han Bk & Tr (3'20)__ Chase Naz (140) Chem Bk & Tr (1.80) Commercial (%) Cont Bk & Tr (K} Corn Ex Bk & T Eirst Boston Co Ficst Nai (Bosion) ed St Tr (V0a)_ a—Including extras &—Declared or paid so far this year. FEDERAL LAND BANKS NEW YORK. Septemoer 23 (.—Fed- ral Land Bank bonds (Quotations as of ? nc]alck ) 10 . TREASURY NOTES. (Reported uy Chas. D Barney & Co pteMaturits, B 17 Mar hardwood orders were 19 per‘ | Identical softwood mills reported UPTURN FORECAST AT STEEL PLANTS Institute Predicts Gain to 48.9 Per Cent of Capac- ity Level, | By the Associated Press. NEW YORK, September 23.—The American Iron & Steel Institute esti- mated today that steel production for the current week would show an in- | crease of 6 of 1 point, to 489 per cent of capacity. | Last week's schedule was 48.3 per cent. A month ago operations averaged | 47.9 per cent, while a year ago the rate was 24.2 per cent. COTTON GINNINGS BELOW YEAR AGO | BY the Assoctated Press. ’ Cotton of this year's crop ginned prior to September 18 was reporte | today by the Census Bureau to hav | totaled 2,318,395 running bales, ir cluding 14,711 round bales, counted ¢ half bales, and 580 bales of America: Egyptian. To that date a year ago ginnir were 3.129,794 running bales, incl ing 49,373 round bales and 1,658 ba of American-Egyptian Ginnings to September 16 incluc¢ | 94.346 bales of the crop of 1935 ginr prior to August 1 which was coun in the supply for the season of 1934- compared with 99,787 and 171,254 ba of the crops of 1934 and 1933. 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 MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 512% FIRST DEED OF TRUST ONLY GEORGEI. BORGER Successor to the business of JAMES F SHEA €43 Ind. Ave. N.W. If You Operate An Apartment House Hotel or Office Building We are prepared to offer a compe- tent engine ce on your hi < and stack contr If you feel that you would like to reduce your heating costs, utilize our Free Survey Service. Installations financed. if the liby Federal Housir tration plan or privately. NATIONAL Heating Company Room 410 Bond B'dg. NAtl 3934 desired. by CONSTRUCTION LOANS AND LOANS ON [IM. PP.OVED RESIDEN- TIAL PROPERTY in the District of Columbia and Nearby Maryland. 5Y2% Prompt action B. F. SAUL CO. 925 15th St. Natl. 2100 First Mortcace Loans District of Colymbia, Nearby Maryland and Virginia S Terms from % 3 to 15 years RANDALL H. HAGNER & COMPANY INcoRP MORTGAGE LOAN CORRESFPONDENT 1321 Connecticut Avenue N.W. Telephone: DEcatur 3600 f Equitable Co-Operative Bldg. Ass'n ASSETS $6,492,976.24 ORGANIZED 1879 Subscriptions for the 109th Issue of Stock Being Received Do YouDesirealoan —on Real Estate or to Take Up First Mortgage? OSE desiring money to purchase a home, refinance present indebtedness or improve property should consult us. = Applications 55th YEAR COMPLETED | | | will receive prompt and courteous attention. Loans Repayable Monthly Take 12 Years to 915 F St. N.W. Repay Your Loar Nat. 1741