Evening Star Newspaper, September 24, 1935, Page 20

A0 ¥¥¥ CURB LIST RISES, UTILITIES IN LEAD Specialties, Industrials and Oils Record Steady to Firm Tone. By the Associated Press NEW YORK, September 24.—Curb market stocks kept pointed upward | today. Utilities were the most active of any group and representative issues made advances of more than a point before some profit taking . reduced gains in the final hour. Specialties, oils and industrials were $teady to firm | Closing prices of lnadcrs included Aluminum Co., 71, up 1%, American Gas, 3373, u» 1 Elecmc Bond & Share, 125, up %; Newmont Mining, | 5814, up 1'2: Parker Rust Proof, 47, up 3; Penn Road, 2%, up ls. SYNDICATE BUYS NEW YORK ISSUE | £30.000,000 Relief Bonds Sold at! Net Cost to State of 2.146 Per Cent. By the Associated Press ALBANY, N. Y. September 24— Controller Morris S. Tremaine today sold an issue of $30.000,000 emer- gency unemployment relief bonds of New York State at a net interest co:t to the State of 2.146 per cent. The issue, last of the $130.000.000 suthorized for relief purposes since 1930, was awarded to a syndicate headed by National City Bank of New York, whose bid was for bonds bear- ing a 2'; per cent coupon at 100.5699. | NEW YORK, September 24 (#)— The National City Bank and a: ciates, which were awarded a $30,- 000,000 New York State bond issue to- day by Controller Tremaine, imme- diately reoffered the securities in the New York market and reported a good demand from investment sources. The bonds were reoffered on a yield basis ranging from 035 to 2.2§ per cent, according to maturity. PEERY TO REPRESENT STATE ON RAIL BOARD By the Associated Press. RICHMOND, Va., Gov. Peery the State Corporation Commission to be director for the State on the board of the Richmond, Fredericksburg & Potomac Railway Co. He will succeed the late William T. Reed. September 24. BONDS ON THE CURB MARKET. “ 10614 1061 ¢ 10012 10012 10102 S B 452 Ceonsm_Pow 4125 Cont G&E 55 A Crucible Steel 5s Cud: kg 55 108832 104, 10314 1043 Gen W Gd Georgia Pow Gillette S R: Glen Alden Grand Tr Guardn I 1 037 10175 ) @43, 8913 87 a0 Indiana Ser Indiana Ser indnp PAL : Pw Sc : 1 106 |5 S8 100 100 1047, 10d1y 101" 101 i12 10632 106 | 10314 10338 10478 104 1n 10434 10434 510135 1013 10674 106 10812 108 today was designated by | | Scrinps. | Seattle Lt |Sh W&P 4125 A FINANCIAL, X8 « 1162 110% | So Calif NEW YORK CURB MARKET N Sales— By private wire direct to The Star. |, Sockend ST i Low. Close. e B Fire As Phila (2). 608 70 70 70 Dividend Rate. Add 00. High. Low. Close. ;{l':‘{‘;’::""{)'-‘--- ? zg‘ 2:‘,: 29% Adams Millis Fla P&L Df. -~ 50 39 39 39 1st pf (7) 288110 110 110 | M CanA1k. 2 26% 25% 25% Ainsworth (a: 1 40 40 40 or¢ .c = o = Allled Mills(azsey 2 17% 17% 17% | Ford Mot (Can) a1l Alum'n Coof Am 7508 71% 69% 71 'B‘”UL»‘»‘ =i Alum'n pf (1%)- 5081014 101% 1018 [/ Bord Mot i 8 8 Alum'n Ltd 821, 32y 32| (AITIC)..-o—— i A Pas A (Y 5008 450s g A i e AmCitles PELB 2 4% Genezal E":.l'” 115 15 .16 Am Cynam(400)B 20 237 s e el TN Am Founders . 4 e seCay O Am Founders 1. 36% 36 | Gen Invest pf_ 120 20 20 1stpf D ._.___100s 36% 36% 36% et e Am Gas&E (1.40) 45 34% 3274 337 | Glen Alden C ¢ Skt o IR E 12| Globe Under (50¢) 1 11 11 11 Am G&E pf (6) 508105 104% 104 3 & Am Laundry (40¢) 1 19% 19% 197 | Grand R Var (50c) 2 10% 10 10% Am Lt&Tr (1.20). 7 13 12% 13 | Great AtI& Pac . [ A aaracatto 17 | _ Tealstpf (T).. 108125 125 125 s et 5 Great Northern Am Superpower 10 1% 13 1% | Paper(1) . 20 =205 (202 Amster Trada3lc 1 14'; 14% 141 | Greenfield T&D.__. Sl L0 R s toeHan Bles Gulf Oil of Pa 60 59% 60 Pwr pf (7) ____ 30s105% 105% 105% | Hall Lamp (al0e). 1 5 5 5 Ark Nat Gas A 2 2 21a o |Harvard Brew . 10 24 2% 24 Ark NatGascupf 4 5% 5% b%|HecinMinalte) 23 9 84 9 AsMet W (00)5:F 1, (wikons o | EIOIIBRAEQ(AS0) E 181 2% 18 LTS AsSOG&E 1 uceo A Ga R i Lo H B! “Min&smsoe) 29 175 17 17% AssoBayon..= 8 I 14 1% Humbleol ) 7 504 5is S Atlas Corp (a300). 11 12% 124 12 Al Cootalth)y 1 st BMmrwarcssvrs 1508 30% 30% 30% Atias Plywood__. 1 4% 41 4| [mpOll Ltd Y Auto Voting I;gu’?::é'go;){. 9 19 18% 18 Machine (t50c) 1 11% 11% 11% Ax-Fisher(330)A 20s 68 5%% 63| (1O7T10)c. 133 33 33 Babcock&W (40¢) 100s 41% 41% 41} | Indianapolis &L ety Bellanca Afreraft 2 5% 5% 5%| cumpf (6%)._. 258 8415 8415 841 Bliss Co (E W) 7 9% 9 9 |insuranceCoof Blue Ridge f (3) 2 41 41 4l North Am (2). 250s 68 67 68 Blumenthal S 20 15% 14 Int) Hydro Eleo BowexiRoll BI1Y-1 302Nl 28 Systemcvpf _ 25s 813 8% 81 Brazil Tr L&P 3 8 7 Intl Mining (60e). 4 13 13 13 Bridgeport Mach- 2 8% 8% 8% |.ny) Mining war 2 il 4 4 BrillCorpA .. 8 1:: 1% 1%|nt petrolm(11%) & BrillCorpB. _ . 1 o 3¢ 1lhn Gy sy 12 Brillo Mfg (60c)—. 1 6% 6% - 6% | Interstate Power | Eritish Am Tob (Del) pf ... 308 19 19% 19% cou B (a741-5c). 3 2T 27 27 | goppersGas& Bu"l ;'U"\EPM 5 SN BN Sy Cokepf (6).___. 255 98 98 98 Bunker HIN&SulZ. 755 441 442 44, | Lake Srorettdy 4 435 455 49} {ButlerBros . .__ 2 64 643 61| [enl®t EO "~ 2 % %% CanlIndusAlcoA. 1 7% 7% Tl LoneStar Gas30c 4 8% 8% 8% CIH» Marconi 5 1% 1% 1%/ ouisiana L&Ex.. 25 7's T 7% Carib Syndicat 11 25 2% 2% |Lynch Corp (2)._. 1 33% 33% 33% Carrier Corp 2 10 10% 107 | McCord Rad (B) 3 63 64 6l Catalin Corp 9 9 | MoWIll Dredg(12)150s 397 387 3974 Celanese 1st D 310713 109% | Mass Util Assoc'n CentP&L Mayflower As (2).200s8 55 7% pf (1%) «33'% 331 | Mead John (13)_—. 1 Cert& S W Util 9 1% 1'a| Michigan Sugar- 1 “ent States Elec 8 1w 1 1‘ Mich Sug pf _ _ 1 CentrifugalP(40c) 45 5 Middle W Ut (d) 1 Chi Riv&M (l‘mL Midland Stl Prod. 4 Chulds Co pf. Midvale Co (b1)_ Cities Service Monawk Hudson Cities Service pf_. 1st pf (4) = Cities Service B Mohawk H 2d pf_. Clev Elec Iliu Molybdenum - C}e\’ Tractor. . | Mont Ward A (7). 3 Club Aluminum.. Murphy Co (1.60). 4121%; 120 ColonON. - -, Nat Bella Hes: 8 1% 1% Columbia Gas & Nat BA&Sh (11)__ 1 38% 38% leccvpt (5) . 350s 80 78'; 80 |Nat FuelGas(1). 3 17 16% ColumbO&G vte.. 2 1 1 1 |NatP&Lpf(6) _100s 71 70% Com'with Ed (4).. 2 90 90 90 |Nat Rubber Mach. 5 5 Com'with&S war.. 3 & & & | NatService_____. 3 1 Como Mines ___ 13 1l: 1% 11| NatServicepf .. 1 Consol Aircraft 5 15% 15% 154 | Nat Transit (806). 1 Cons Copper__. '« | Neisner Br pf(7)_. 758 Consol (‘II.E of | New Brad O (20e) 1 Balto (3.60) | NJ Zinc (2) .__._. 3508 Cooper Range Newm Min (al) . 3 Cord Corp «| N'Y & Hond (11)_ 1508 (,‘orroon & Reyn | N Y Shipbldg. = 1 Crane & Co i | N Y Steam S Creole Petroleum | Ntag Hud Pw____. 49 Crocker Wheeler | Nlagara Hudson Croft Brewing | PwA)war___. 4 Crown Cork Intl | NiagShMa B __ 4 A (350¢) - 1 10°% 107 107 | Niles-Bem-Pond.. 2 2 Det Gray fron & Noma Elec Corp.. 9 Foundry (bloc) North Am L&P 9 Dictograph Prod Nor Am L&P pf _ 1508 Distillers C-Seagr Northn N ¥ Uil Doehler Die Cast DECTY. 35 258 Dubelier Condens NorthwestEng... 2 11 Eagle Pitcher Ltd Novadel Ag (2)... 8 29'; Eastn G&F Asso_. | Ohio Oil cu pf (6). 3104 104 Eastn G&F Ohto Pwr pf (6).. 208108 108 prof (4%) ___ | Outboard MotA__ 7 10 10 Eastr, States Pw_ Pacific Eastern... 5 8% 3% Elec Bond&Share PacificG & B Elec Bassh ot 16y Pan-hm AU 4 e sa ec of (6) an-Am Afr = 83, Elec Pw&Lt 2d Pantepec Ol 1o 188 23 pf A . Parke Duvis (t11). 6 45% Elec Pw & Lt Parker Rust m..sm- 47 (R A Pennroad Curp 25 Equity Corp___ _ Penn W&P (3)___ l 75 Ex-Cell-O A&Tool Pepperell Mfg (3) 10s 62 Fairchild Aviat'n Phoenix Secur 1 25 Fajardo Sug (a3) Pie Bakeries(60e) 1 10% Falstaff Brewery Pioneer Gold Mines Fanny F C (50c) Ltd (80c) 5 Ferro Enam (80c) _ Pitney Bo P (20c) 4 Fidelio Brewery __ | Pitts & L E (23). Pourero Sugar | Powdrell & Alex 1. (aste)_ Power Corp Can | Premier Gold t12¢ Puget Sound Pw & 108 14 LtS5spt. . 100s 36!z 36% Puget Sound Pw & Lt$6pf 1508 16% 16 16% Quaker Oats (t4) 108136 136 136 Rainbow Lum (A) 1 L) . Reynolds Invest_. 4 1% 1% | Roosgvelt Fiela — 2 11 11 | oot Petrolmeum. 4 . Root Petroleum ev pr pr(1.20)- 1 101 Royal I'ypewriter 1 | Ruberold Co (1) . 50s Saf Car H&L (3)_. 508 7 ¢ St Regis Paper 3 | St Regis Paper pf 108 Salt Ck Cons bloc 4 Scovill Mfg (1) 258 | Selected tndus__. 7 Selec Industries 1! alloteifs (3%) 2508 T | Selec ind pr (3%) 1505 7. Shattuck Den Min 6 Shaw W&P (50¢) - Shenandoah pf_. Sonotone Corp South Am Gold & Plat (40c) Sou Penn Oil 1.40. 4 | Southn Calif Ed of B (1%) Southn Calif Edis PIC (1%) | South'n Nat G (d) | Sou'land R120¢) Spanish&Gen rets | Stand Brewing. __ Stand Oil Ky (1) Stand Oil Ohio __ Stand Pw&Lt B "Stand Silver & L. Starrett Corp ... Starrett Corp pf.. Stutz Motor Sullivan Machine. Sunray O1l Sunshine Min 1.60 Swift Lnu (2) Swiss Oil (40c) . Tamm Elec(2.24). teyeast(Del)A Tocnmenlnr inc ‘Teck Hughes(40c) Texon O&Ld (60c) Tobacco & Allied Stocks(alls) 25s Tob Prod Ex(10c) Tonopah Belmont. ‘Prans-Lux Daylite Pic Sn (20¢) s | Tri-Contl C war. . | Tubize Chatillion. s Tung-Sol Lamp, Unit Corp war Unit Founders Unit Gas Corp | Unit Gas Cor war. | Untt Gas Corp pt. Uoit Lt&Pw (A).. Unit Lt&Pw pf Unit Molasses Ltd (a8%c) . Unit Profit Shar U S Elec Pw ww_. U S Foil (B) (60e) U S & Intl Secur-. Unit Verde E 40c. United Wall Paper 1 Utah P&L pf $1%.1508 Utilities Pl 1 Venezuela Petrol. 6 Walker (Hiram).. 2 Walker Mining.. 3 Wayne Pump_ 13 Wenden Copper. 3 . 103 109 4 1063% 2 106 2_5 100 1063 NovmaDas B B 0me o 8- Servel Inc wBarn e Sh W&P 4725 D = SE P&L Gs A Sou’ Calif Ed 33a; Sou Calif Bd yias .5 11 3 22 12 L Call &° - Sup of Il 4" Sup of Ill 4135 '7 Texas Elect Tex P&L 55 A 2 1013 1 1031 iy 51031 338 1053 101 Rtz W 10741 2lnvomenm - 101 }.;1;& 02% 1 - 9 SSearas onme - York Rwy Chile MB 6 p Sasiish Cons : W Va Coal&Coke. 1 Finla FB s w;'""' e . upply (3) A 400s & 8on Mun %% West Tab&Sta (1) 5 16% Isarco Hyd Wil-low Cafeteria 2 k3 Marann Braz Woolw (W) 7 Plea Ble 6738 A 73 9-10c) 1 274 2T% 27 R 5iaet el 1 Wright Harg té0e 11 7% % T Terni_ S0 6izs A 43 43" 43’ | YukonGold __ 16 1% 1% L Vam WPC o%s A 3700102 102 102 Dml‘ndrlhlmunanu-flnl. payments Fu—With warrants. ’év'_w"'“‘“‘ war- | last_qusrterly issued. Mol o Aol FATe.—plus. eRiTe. TSR e 22 i, | S oS S TS crothbiy im maturity. 3 #Companies T T8 Focelvershin,’ | Waib or eine eareanises xS THE EVENING STAR, -———W\lm back to the factory, |in July was slightly above domestic 49y, | generally look upon them as means of WASHINGTON, D. €, TUESDAY, SEPTEMBER 24, 1935. but will be delivered to buyers instead. Several would-be purchasers who found it difficult to make up their niinds were disappointed when less procrastinating customers stepped in and closed for machines in which they ‘were interested.” CHEERED BY SHOW Unexpectedly Large Crowds at Cleveland Place Many Orders. SHORT TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Allis-Chalmers Co. 5s 1037 Amer, Beet Susar 68 1040 - Am. Tel. Blas 1943 Allintic Refntng 55 16 Special Dispatch to The Star. ‘anadian Nor. Ry. September 24.—So far | Ches, & Onio Ry, NEW YORK, September 24. ghes & chloxy s as the machine tool industry is con- cerned Cleveland and the Machine Tool Show have been the rallying points during the last fortnight, says American Machinist. Almost all of the builders were there | 1 as exhibitors, of course, and dealers were quite as well represented. Their annyal meeting, in fact, was the larg- est they have ever held. But the im- portant fact of this impressive ex- hibition was that the customers were there in anexpectedly large numbers. Furthermore, they came to buy or Chi. Northwesi. 6 Delaware Hudson "% Rio Gr-412s 1 dison 1 glum 45 1 5 & St. L. 45 1 New 'York Dock 5 038 Ohio River R. R 19; Penn-Dixie Cement 65 1041 Penns. RR 61as 19:36_ ron & Steel bs 1040.. Rio'Gr Western 4571039 Yenadium Corp. 55 1041 to decide what to buy, and not just | Wabash Rwy. Co. os 10 to look. Weih %% Bl s “This show has been unique in the history uf machine tool shows in that it did not cause any drop in business during the two or three months im- mediately preceding its opening. On | the contrary July and August both set business records that have not been reached since 1930. Domestic business FREIGHT LOADINGS. NEW YORK. SeptemMer 24 (). —] - enue treight carloadings on tlll’rflldfiH!!:* porting ‘today” for week ended. September included Last Year. (prer. Week, ‘Che‘lnenke & Ohlo Chicago & Northw’ Nickel Plate_ o3 usiness for August, but foreign orders n August were enough larger than | Rock Isiand . 0 those of July to bring the August total | BiimEtoR s - hile several points above the July record. |Erisco ivinl [ Southern Pacific 5 OB “Exhibitors at machine tool shows | Wabasi 14 094 315 | NSV Tine foudines only. stimulating interest in new models i rather than as places where orders are actually taken. At Cleveland, however,| NEW YORK BAR SILVER. several displays were completely nold NEW YORK, September 24 (#).— out, and many machines from other’s ' Bar silver steady, unchanged at 653g. A A FINANCIAL, WHOLESALE INDEX STAGES ADVANCE| Fertilizer Association Finds Average at 79.3 Against 78.8 Week Ago. | Reflecting a general rize in com- 3 | modity prices, the weekly wholesale commodity price index of the Na- tional Fertilizer Association in the 4 | week ended September 21 advanced 3 [to 79.3 per cent of the 1926-1928 | ‘|avenge from 788 in the preceding week. highest level reached this year and also the highest since the final week of 1930. The rise since the first of the year amounts to 3.1 per cent and since the depression low point, the | 'week of March 4, 1933, to 42.1 .per cent. A month ago the index was 78.5 and a year ago 76.6. ‘The rise of prices last week was general, with eight of the component groups of the index advancing and only one declining. The largest rise | stock group, resulting from the up- ‘lrend in prices for grains, feedstuffs, | cattle and lambs. The only decline registered in this group was a slight drop in hog prices. | Food prices again advanced during the week to reach a new high point for the recovery period. Eight com- modities included in the foods group | moved upward during the week while four declined. ! The advance in the metals index was due largely to the one-half cent advance in copper, although lead, !zinc and tin prices were also higher during the week. Higher quotations for cotton, wool, i i The index for last week was at the | | occurred in the grains, feeds and live | ,wuolen yarns and silk were respon- | sible for the rise of the textiles in- dex. A slight drop occurred in the mixed | rertmzers price index, the only one of the component groups to register a downturn in the period. Forty price series included in the index advanced last week and 15 de- clined; in the preceding week there were 30 advances and 17 declines; in the second preceding week there were 29 advances and 22 declines. —_— NEW YORK BANK STOCKS | NE ORK. September 4 (#).—New | York Becunity Deaters Resociation | (Quotstions as of 2 o'clock.) Bk of Man (115) _ Bankers Tr (- 2542) Bklyn Tr (4) | Cen Han Bk & Tr (5 Chase Nat_(1.40) Chem Bk & Tr (180} | Pifth Ave (34a) First Boston Corp ‘l T08) . Pirst Nat (Bos) First Natl (100) | Giarenty Tr (12) | Trving Tr C60) .. | Manutacturers’ Tr (1)~ NJ!I City (1) Y Trust (3) .. Pubhc ') | Title G United 8t Tr o~ a—Including extras &—Declared or paid so far this year. ~ZIT1810 U. S. TREASURY POSITION. By the Associaied Press. The position of the Treasury on tember "1 was: Rece: s ! expenditures. %304 )40 {he month Receipts for Septemb parable date la expenditures. ance. $2.201 6 for_the month. 13 1860 Treasury Reveals Conversion Near 64 Per Cent Mark | By the Associated Press. The Treasury reported last night that nearly 64 per cent of the $1,250,- 000,000 in Fourth Liberty bonds called | for redemption October 15 had been exchanged for new securities. Latest figures showed $367.000,000 of the 4!, maturities had been con- verted into 10-12 year bonds bearing 2% per cent interest and $429,000,000 into 3'2-year ncies paying 1'2 per cent. Subscription books on the note ex= change were closed on September 14, but the books for bond conversions will remain open for an indefinite period. FEDERAL LAND BANKS NEW YORK. September 24 Land Bank bonds (Quotations as of —Federal ? o'clock.) Bid U. S. TREASURY NOTES. (Rep v Chas D B 1 ty tod atu Julius Lansburgh Furniture Co.—909 F St. NW iy i of NEWEST 193 6 FURNITURE 4-Piece Burl Walnut ni w Moderne Design BEDROOM SUITE ut with striped alnut ends. Dustproof Construction. of the vers nest. ® Priced for bk sayings during this sale. This suite is indeed a thrilling Julius Lansburgh Furniture (5o. value at this price. Buy on the J. L. Budget Plan. Nothing Added for Credit. English Type Friezette™ 2-PIECE LIVING ROOM SUITE A brand-new suite in the English motif, well built with sagless spring. foundation. striped friezette. Graceful Covered in a beautiful pattern design with flat arms and high back. Comprises a luxurious sofa and club chair. Buy on the J. L. Budget Plan. Nothing Added for Credit. 909 F ST. N.W. ‘89 I = [ | F ] Ll