Evening Star Newspaper, September 28, 1935, Page 15

FINANCIAL. FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, SATURDAY, SEPTEMBER 28, 1935. BONDS ON N g & STOCK EXCHANGE GURB LISTEDGES (NE W- YORKMMLU L MAR bl ECT IR e S e e Approximate '.h-n-cuou Today. GN Stock and Distilled Liquors. - 4 114 114 11% % |Week End Realizing Fails to S— i ‘Rate. Add 00, Hish. Low. Cioss, | Doshler Die Cast 4 2314 23% U. 8. Gov't Bonds. $ 300,000 Check Rising Trend—Few % % 1% AceW vtcadThe 1 28 28 | Dubslfer Condens Foreign Bonds .. 500,000 9 AeroSupply (B). 3 24 zv. 214 | Duke Power (3)_ 100s 60 62 Domestic Bonds.ceaeee 2,720, 2 42 Declines Seen. By the Associated Press. Ainsworth (al%) 2 ‘l 4% Eagle Pitcher Ltd 2 615 6% %] NEW YORK, September 28.—Curb ** A—IS ) n LY . Stock ana Sales— Dividend Rate. Add 00. High. hv Close, Parke Davis (1) 7 44% Pender G (334) A. BOI 38y Pennroad Corp 2 Pepperell M{z (3) 30- Ploneer Gold Mines Ltd (30e) Pitts & L B (2%)_ 30- Pitts Plate G(12) Potrero Sugar Premier Gold t12¢ Presd Mtlsal2ize Prod Royalty 2330 4 | Properties Realty | vie (al.45) Pyrene Mfg(az0¢) Rubheroid Co (1) CHANGES SLIGHT {N BOND TRADING Rails and Utilities Gain.. Federal Issues Dull and Steady. By the Associated Press. CMStP&P adj bs 2000 b Chi & NW gn 3%8°87 34 Chi & NW 4%82037_. 164 Chi & NW 43482037C. 164 Rutland RR l'&- 41 StL IM&SR&S4s'33ct StLRM&PG6s'55.. StL-SF 43°50 A cfs. StL-SF 4%48'78 cf st St L-S F' s ‘50 B cf StLSWistds's) 2% 62 Afr Investors Ine. 1 1% 1% | Eastn G&F Asso 3 3% 3% Ala Pow pf (6) 10s 63'% 63% 63% | Bastn G&FpfA(6) 50s 44 Allted Mills(s25¢) 1 17%3 17% 17%| Emp G&F 7% vt.. 508 Aium'nCoof Am 3008 79% 78% 78% | Eastn G&F AlumnLtd..... 139 33 39 prof (4%) _ 7:; 72 4 LIBERTV Close. High 4th 4% ®1933-38 10012 lflo 12 10012 TREASURY, i 2%51945-47.....1006 1004 z;:- 1956-60een. 9923 9920 9921 35 1946-48 . eee. 10125 10125 10125 35 1951-65 _-—w-. 10213 1028 10213 3348 1946-49_____103 103 103 5814 IOBW ll'lfih 105% 108 107% 107% 107% 107% 1073 107% 106% 107% 97% 9T% 9T 7 1 1 1 4 Am Beverage 2% 2% | Klec Bond&Share Am Book Co (4).-. 20! 72 72 | Elec Ba&Shpf (6) 2 AmCitiesPELB 1 4 4 |Equity Corp 24 23% 10 # Seabd A L 63 ‘46 cfs Seabd A-F16s'35A ct. Shell Pipe L 68 52 . Skelly O11 5% ‘39 So Colo Pwr 68 47 A_ 508 1 1258 Am Cynam(40¢c)B 5 23% | Bx-Cell-O A&Tool Am Founders..... Am Founders Fairchild Aviat'n 6 NEW YORK, September 28.—Prices movements were small in the active scctions of the bond market today. Higher values were paid for a number of rail and utility classifications and in & few instances the gains amounted 3148 1949-52 ... 10227 10227 10227 3% 1944-46__.. 10330 10327 103 30 45 1944-54 . 110 10926 10926 4148-3%8 1943-45 10410 1046 10410 438 1947-52 11413 1149 11413 FEDERAL FARM MORTGAGE. Chile Cop deb 68 *47 CCC&StLStL dv4s'90 CCC&StL rf 4 48'17E Clev Un Ter 438°77 Un Ter §3°73 B 1056% 105% 106% 63 62% 62% " 100% 100% 100% 93 93 93 6% T6% 76% 91% 9k 9% So Pac ref stocks edged higher today over a con- siderable part of the active lst. Week end realizing failed to check rising tendencies in such issues as Aluminum Co. of America, American 1st pf (B) ... 100s Am Founders 1stof D . Am Gas&E (1. Am Lt&Tr (1.20)_ AmLt&Tr Fajardo Sug (a3)_ 50s Fanny F " (Boe) Ferro Enam(80c). Fidelio*Brewery Fisk Rubbe: Flintkote (1) A.. Fla P&L of 5 St Rexis Paper Salt Creek P180c) 1 | Selected Indus 1 Selec Industries allot ctfs (8% ) 2508 | Shattuck Den Min 10 99% 99% 99% 103% 103% 103% 95 95 95 944 94 9% 7 106% 106% 106% 111% 111% 111% 361 36% 36% - 104% 104% 104% ConGas N Y 68'57__. 105% 105% 105% Consumers Pw 58 ‘53. 104% 104% 104% Container deb 6s°43.. 94% 93% 93% CrownC&S 104% 104% 104% Crown Will P 104% 104% 104% Cuba RR1st68'63. 50% 50 50 Cuba Nor RR6%s 43 53% 63! 53% Del & Hudref ¢s"43.. 81% 81 Del & Hud 6%s'37... 96% 95% Den G & E 55 51 st__. 106'5 106'3 Den& RG cn ¢s 24 24 Den& RGrfbs"78.. 18 18 Den& RGW6s'55_. 7% T 7 6 110% 1104 10519 Clev Un Ter 6%8'72A Columbia G & B Cynamid “B,” Creole, Distillers Corp.- Seagrams, Gulf Oil, Hiram Walker and Lake Shore Mines. Aluminum was one of the strongest, rising 1% points to 79%. Scattered declines touched such shares as A. O. Smith Corp., down 1 at 43; Wright Hargreaves, down % at 7%, and Cord Corp., down % at 3%, By the Associated Press. CHICAGO, September 28.—Sharply increased arrivals of corn in Chi- cago today, together with 5 cents a bushel tumble of durum wheat prices at Duluth, did a good deal to make grain values here average lower. Shenandoah . Shenandoah pf Sher-Wilms pf(6) Smith (A0) Sonotone Corp South Am Gold & Plat (40c) Sou Penn Of1 1.40_ Southn Calif Ed of B(1%) Southn Calif Edis PIC (1%) Sou'land R(120e)_ Square Deal (B) . Stand O!l Ky (11) 7% 71| Stand Ofl Ohto. = Y S Ford M Can A 1%. Forem'st D pr pf . Gen Elec Ltd reg.. Gen Fireproofing... Gen Invest Corp - Georgia Pw pf(6) 25s % Sl'/. Glen AldenC (t1) 7 22 Grand R Var (50c) 2 10% Great Atl & Pac Tea n-v (16) ... 108 127% 127 12735 Great Atl & Pac Tea 1stpf (7). 108127 127 127 Guif Ofl of Pa 6 64% 64% 644 Hall Lamp (al0eh 2 5% 6% 5% Handley Paige pr N % pf (a219-10¢) .. Hacla Min (al0e) 8 11% 11 ll‘ \ Stand Pw&Lt Hollinger G(+afe) | 1 125 125% 123 | StarrettCorp ... Holly Su pf ¢ 255 108 108 108 | Starrett Corp pf.. Hudson Bay Stutz Motor Min & Sm(asoc) 18 1814 | Sunray O1 1 541, | Sunshine Min 1.60 1 Humble Uil (1)__. Hyzrade Food _. 15, | SWift inu (2) 508 3 207, | Swiss Oil (40¢) 11 Pw&L.t 36 Dt Tampa Elec(2.24) to a point or so. Among those moderetely on the im- proved side were Kansas Gas & Elec- tric 4%s at 1052, American & For- eign Power 5s at 70%, St. Paul 5s at 113, Erie 5s at 69%, Goodyear 5s at 1045, Union Pacific 4s at 101% and Youngstown Sheet & Tube 55 at 98%. ‘There were some declines in the corporate list mostly limited to small fractions. North American 5s, Postal Telegraph 5s, Soutnern Pacific 42s and Armour & Co. 4!2s gave up from to 12 point. Nickel Plate 4l2s were down % at 61%. U. S. Governments were steady in Hght trading. Trcasury 4s gained 6-32nds of a point at 110, and the 3145 of 1943 were 4-32nds higher at ! 104.10. Other Federals were 1.32nd | 942-47..... 9912 9912 9912 :l*l.!:'l - 10019 10018 10019 351949 _ 10010 1006 10010 33481964 .. 10131 10131 10131 HOME OWNERS’ ‘;‘;1‘“'.829 2 1939-49 . 9830 9 2;‘3: 1939-49 reg. 9826 9826 9826 381953 cccemmm. 1002 100 1002 FOREIGN BONDS. Hign, Low. Antioquia 78 45 Coeer Argentine 6%s 63 Argentine 65’57 A 106% 106% 101% 101% 57 5T% 103% 103% S Stand OIIN Y ¢ Studebaker cv 6 Swift & Co 3%s . ‘Tenn El Pw 6847 A Art Met W “lle).. Ass0G& B (A) Asso Invest (30¢) m- Asso Rayon_. Atlas Corp (a30¢). 2 Atlas Corp war . Atlas Cor pf A (3) Auto Voting Machine (t60c) Ax-Fisher(3.20)A Bellanca Afrcraft. BlissCo (EW) ... Blue Ridge Copp.. Bower Roll B (1) British- Am Tob cou B (a74 1-5¢) Bunker Hill&Sul Can Indus AlcoA 1 Carib Syndicate _ 1 o 103% 103% 100 100 92 92% 92% 923 101 101 24% 24% 4 102% 102% 112% 112% 106 106 101% 1013 113% 113% 91 91t 975% 97 20 20 B9% 89 Tex & Pac 6880 D Tex&P MPT 5%s °6. Third A ad in ex 55'60 Trumbull S8t 0. Un Pac 18t 45 '47_. Un Pac 4%s Un Pac 43 ‘68 Un Pac 1st rf 5s 2008 Unit brug 5 ll U S Rubber Univ Pipe & R lt ‘36. Utah L& T 6844 A 8 92% 92% 95% 95% 95% 95% 96 6% 96% 102 102 102% 102% 89% 28 95% 106% 24 18 T T . 13 1 1008 181 b4l 17% 54 13 30% 110 Austrian 78 57 —eeeee 1059 105Y% Berlin 6%35'50 . . lower to 3-32nds higher. The foreign division was mixed., Italian government 7s gained 1%, selling at 5875. Japanese issues were 3 to a point down. French 7'3s lost 13. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, September 28.—The Jollowing is “today's summary of corporation news prepared by Stand- ard Statistics Co., Inc., New York. Pan-American Airways Corp.—It was reported Philippine Senate has passed a bill granting Pan-American Airways a 25-year franchise to op- erate airplane service to and from Philippine Islands in its trans-Pacific . commereial route; House of the island Legislature was expected to act fa- | French Gov 73%s41.. 172 vorably ‘on the bill. General Motors Corp.—President of | Pontiac Motor Co. announced that production has been resumed and that 1936 models are coming off the as- sembly line at rate of more than 500 a day; he said Pontiac expected to produce and sell 225.000 of the 1936 models and that it was planned to | build 48,000 by end of 1935. Bendix Aviation Corp.—Company acquired Radio Products Co. (Day- ton, Ohio). Stewart-Warner Corp.—Sales in Scptember quarter were up 25 per cent; for year to date gain was 20 | per cent. Bruce (L. L) Co.—Deficit, year ended June 30, was $99,700 vs. deficit | of $12,299. . B Invisible Glass Co. of America.— Plans are under way to organize a , company with above name to hold patent rights in this country for manufacture of a new window dis- play glass made under a formula that eliminated all reflection; production was developed in England. “Gobel (Adolf), Inc.—Federal Judge Byers, Brooklyn, reserved decision on an application by company for per- mission to sell its subsidiary, Jacob Decker & Son, to Armour & Co.; ob- | Jections to the sale were made by group of Gobel noieholders, who said the sale at price mentioned would seriously hamper successful reorgan- . ization of company. Colonial Beacon Oil Co.—Company | has acquired Arthur H. Ballard, Inc., oil burner concern. Baltimore & Ohio R. R.—August net railway operating income was 82299703 vs. $2,145,457, in eight months net railway operating income ‘was $14,824,085 vs. $15,891,318, Associated Gas & Electric Co.— Federal Judge Knox, New York, or- dered an additional grand jury for October to hear Government's evi- gence of mail fraud against this sys- fem; order was granted upon appli- tation of United States Attorney F, W. H. Adams; an order of Wisconsin Public Service Commission, refusing Yo-register securities of Associated Gas & Flectric Co. and Corp., for ex- change in Wisconsin has been upheld by Circuit Judge A. C. Hoppmann. Pennsylvania Power & Light Co.— Combined preferred share earnings, 12 months ended August 31, were $14.01 vs. $15.25. INSURANCE STOCKS NEW YORK. September 28 ().—New York Becunu Dealers’ Association: . Bid. Asked. 8’7 91 56Y Actna cas (211 Aetna _Pire (1.60) Aetna Life (.60) Agricultural (3)” " Am Ins Newark (13)_ Am Reinsur e (305} Shiver (85a) gruv th u\ prln‘fleld Ty ravelers (15) Fire (1.60; enchener (1.301 a—Including extr: 1 8—Declared or paid so far this year. BOND AVERACES 10 10 Rnui Indus. O, Porh, Unc. +.1 —2 829 99.6 97.9 675 Prev. day.. 83.0 99.6 97.8 67.7 Month ago. 82.1 98.6 97.6 67.2 Year 8go... 82.3 87.2 839 66.8 1935 high.. 87.8 99.6 98.7 0.4 1935 10W.... 764 922 845 65.5 1934 high... 894 929 889 70.0 1934 loW.... 745 T73.7 68.2 60.2 1932 low... 45.8 40.0 64.6 422 1928 high...101.1 98.9 102.9 100.5 i 10 Low-Yield Bonds. ‘T'd’y,close 109.9 Prev. day. 109.9 ‘| Month ago 109.1 Year ago. 106.0 1935 high 110.7 1935 low.. 107.9 1934 high 108.3 1934 low.. 99.1° § 1928 high 1044 1932low.. 868 (Complled by the Net change. Today, close. Berlin Elec 63359 _ Berlin El Rv 634556, Bremen St 75 '35 Brisbane 6s Buenos A C Canada ¢s ‘60 Canada 4%s '3 Canada 5- 2 . Colombia 6s ‘61 Oct... Cordoba 7s'67 stpd_. Costa Rica 15'61 A May coupon on... Cuba bs 04-'44. . | Cuba 515 '45 Denmark 6s Finland 6%s Ger C Bk A 63°38 Ger Gov 634865 Ger Prov & City Bk con Ag 6%s 58 Ger Rep 7849, Italy 7851 Ital P UCrd 78'63 Japan 518 €6. Japan 6%s ‘54 Kreu&Toll 58594 cfs Lombard El 7s 52 Minas Gers 64858 Sept coupon off ... Nord Ry 6248 °50____. Norway 5%! JLL T Norway 6s ‘43 | Norway 6s'62 Norw Hy EI 5% 7. | Nuremberg 6s ‘52 Oriental Dev 6s ‘53 | Panama 55'63 stp asd Pernam 7s '47 Sept coupen oft .. Peru 6560 caeeeame Peru 6s 61 .. Poland 6s 40__. Queensland 7. Rhein-Rhur 6s°'51__.. Rhine W E1 P 68 '63... RiodeJan 63863 Aug coupon off ... Rio de Jan 8s°46 April coupon off__ Rlo Gr do Sul 78 '67 June coupon off ... Rome 6%s '52. Sao Paulo C 8s°'52 couponoff . __.. Sao Paulo St 6s ‘68 July coupon off ... | sao Paulo St 7s ‘40 Toho El Pw 78" | Tokio 61 '61 Tokio El Lt Trondhiem 61 Tyrol Hy E1 T3 ‘55 Un St1 Wk 6%s'51 A Un St1 Wk Brb 78'51. Uruguay 6s 60 Warsaw 7s ‘58 tphal E1 P 6s Yokohama 68 '61_. Adams Exp 48 'u‘_-. Alb&Sus 314846 gtd. Alleg Corp bs '4;..__ Am & For Pw i mo AmIGChb%s'¢9 . Am Int) 6%s8 49 Am Roll Mill 4%8 49 AmT&T 4%8 39 Am T & T deb 65 60_ Am T & T deb 58 '65. Am T & T 5%s 43 Am Type Fd 6s'40 cfs Am Wat Wks bs ‘¢4 Anglo Ch Nitr s Armour & Co 4% Arm'r(Del)1st 4s ‘55 Armstrong Ck 4s'50. A T&S Feadj 48'95__ E& B &0 Swn 68 5 B & O Toledo 4s ‘69 Beneficial L 65 46 Beth Steel 4145 60 sf Beth Stlpm 6s ‘36 . Bos& Me 4%s'61J._ Bos & Me 58 '55 _____ Bos & Me6s'67 ___. BosNYAL4s'55... Bot Con M 6%s34.. Bklyn M T 5849 A Buff R&P con 4%s ‘67 BCR&NGs 34 ctfs_ Bush Term 1si 53. Bush T Bldg 68 '60.... Camag S 7s 42 ctfs__ Can’dian Nt R4%#'61 Can‘dian Nt R¢%s'66 Can‘dian Nt R¢ %l&:’l Can'dian Pc 5844 ofs Can'dian Po bs '54 Cent of Ga con 55 "45. Centof Ga 5s'69C .. Cent 111 E & G bs ‘51 Cent of N J gen 6s '87 Cent Pac 1st rf 48 'l! Cent Pac 55 '60 Cert'd deb 6% 43 Chesap Ccv cl 6s 44 Chi BIQIGIVC! 49 Chi & B 111 6s 51 ChiGL&CE6s 37 Chi Grt W 4s ‘69 - CM&StP gn 3148'89B. CMA&StP ¢s 39 - 109% 28% 31% 12 20% 21% 25% 31% 100% 91% 109% 13% 38 354 47 13% 101%s 13% 154 1018 % 105% 105% 103 103 o 98% 99y 25'% 838, 50 12% 144 Taiwan Elec 6%s ‘717 135% DOMESTIC BONDS. 99% 99 46% 46 103% 103% ™ 6% 174 95% 0% 112% 995 114 113% 113% 109% 109% 112% 112% 13 113 113% 113% 53 53% 104% 104% 28 28 27 21% 17% 1T% 1033% 103% 93% 941 104 104 102% 102% 108% 108% 107% 107% 101% 101% 112% 101 5 2% 2% 81% 9915 98 8415 1121 112% 100 100 103 103 1% T1% 78 8% 77 1% 3 35. 35 14% 4% 14% 104 104 64! 112% 100% 103 1% 78% 1% 57% 58% 66% 9 9 9 106 105% 106 106% 106 106% 105 104% 105 109% 109% 109% 102% 102 102% 98% 98% 981 110 110 110 103% 103% 103% 20% 20% 20% 9% 9% 9% 94 94U 4% 102 102 102 101% 101% 101% 87% 8T% 87% 88% 88l 88% 106% 106% 106%4 106% 1064 1067 116% 116% 116% 109% 109% 109% 111% 111% 111% 43 43 43 109% 109% 109% 106% 106% 106% 10% 10% 10% 105% 105% 1055 21% 21% 39% 40% 4 Det [idison 68 '62.... Erfe gen 48’96 ... Brie ref 68 '67.. Erfe ref 5375 Fed Lt & Trint 5343 Fed Lt & Tr6s 43 .. Gen Cable 535 '47. Goodrich 5 Gen Thea Gen Th Eq Goodrich 6% 8 Gould Coup és Gr Tr'k of Can GtNRrefdl Gt N Rgen 4%8'76 D Gt N R gen 0%-'71 B Gt N R gen 6 GtNR &% Gt N R gen 7i Gulf M & N5%s 50 Gulf Sta Stl 5%s ¢3. Hoe Val ¢%s'99 Houston Oil 6% “L Hud & Man inc bs Hud & Man ref bs i'l 111 Bell Tel 68 56 111 Cent coll tr 4s '5! 111 Cent col tr te¥%s 66 111 C Cairo Br 4s '50._ 1CC&StL NO 4%! 6 ICC&St L NO & Inland St} 4348 Iniand Stl 4348 ‘81 & int Gt Nor ad) 68'62A Int R'T st rf b8 '66 1R T 1st ref 5a'66cfs. Int R T 6s°33 Int R T 6532 ctfs interlake 6551 Int Cement 68 Int Gt Nor 68°52 A__. int Hydro EI 6844 Int Mer Mar IntT&T 68’66 . KanCFS&M4s'36 Kan C Sou 1st 3s 60 Laclede G 5348 fl C. Lautaro Nitr Leh Val Coal b3 "H ~ Leh V Pa con ¢s 2003 Leh V RR con Long Isl ref 4549, Lorrillard McKess& R6% Manati Sug 7%s Market St Ry 7»" 40 A Midvale S&O Bs ‘36 . MiIIER&SL 68’61 MIlE R&S L rf MilSpa & N W 4s " MStP&SSM cn ¢s MStP&SSM 68 '38 g MStP&SSM 5148 '49.. MStP&SSM 5% 78 _. MOK&T 1st4s'90__ MoK&T4s 62B___. MOK&TS6s'62 A Mo Pac 6877 P. ——— Mo Pac Mo Pac 5%s Monong Ry 1st ¢ "60 Mont Cent 6s '37 Mont Pwr re: 3. Mont Pwr6s 62 A_ .. Morris & Co 4%s°'39_ Mor & Esx 4%8'55__ Muiray Body 6%s '¢3 Nat Dairy 6%s 48 Nat Dis P C 4%, Nat Steel 4s ‘65 New Or P S 5552 A. New Or P S 68 ‘65 B_.. N YCent3%s'97 __ N Y Centcon 4898 __. Y Cent rf 4338 2013 YCrf4%s2013n Y Cent ref 65 2013 T N N N N Y Cent cv 6: N Y Edison 68 51 C_ NYEdrf6%s ¢l rg. Y Norf Solst rf5s'61cfs Norf&W 1st 45'96 _ North Am Co 68 °61. North Am Ed 58'57 A North Am Ed 5 North Am Ed § Nor'n St P 1stbs’41A Ore WRR & N ¢s'61 Otis Steel 63°41. PacG & E 53 's2 Pan-Am P C 68'40ct Param't Pletures 6: Parmelee 6s ‘s PennO& D4%s"77.. Penn RR cn4s'48 stp. Penn RR4s ‘52 E. Penn RR ¢%s'S1 D.. Penn RR 4% ‘84 Penn RR con 4348 60 Penn RRgn 4% Pean R 109% 76!z 69% 69% 95% 100 109 6'a 691y 69% 954 100 109% 6'% 69% 69% 954 100 9614 101 115% ll‘!S 108'; 10815 102 102'3 %5 75 16 73 167 644 64k 41 41 101% 101% 118 118 3 T 105% 105%; 106% 107 101 101 10135 101's 23 917 | 1015 106% 1067 107 107 110% 110% 110% 110% 32 32 2215 22% 34% 34% 53 53 39% 39% 485 4813 105% 1055 110 110 23% 90% 103% 103% 100 100 105% 105% 40% 40% 1 104% 104% 110% 110% - 102% 102% 103% 102% 1038% 103 116 115% 5. 1074 106% 97 97 . 106% 1067 Pere Marq 1st 68 ‘56 PhilaCobs'67 . Phila El Co 48 '71 Phila& RC& 1587 Phillips Petr 6% Pilisbury F1 M 6s '3 PCC&StL 4%s8'17C. R-K-O pt pd efs 65’41, Richfield O 68 "44 cfs. RioGr Junc §8’39___ RG W istexin ¢s'8d 113% 113% 113% 84% 84 841! 87 85% 87 94 94 94 99% ”% 99% 101% 101% lul'/. 108 108 108 106 106 106 1124 112% 112% Ul P& L 65'69 ww. Ut P& L6%s 47 . Vanadium cv 68 41 Ver Sug 18t 7s ‘42 cfs Va E&P 1strf 68’556 A 104 . Va Ir C&C 15t 5549 4% 44 45'; 45'2 81% 81% 105 10% 104% 104% 65 65 105 105 4 111% 111% %" 21 66 65 83 108 81 95% 105 » 10673 Walworth 6s 45 A __ Walworth 6s 45 ctf: Warner Broscv 6s 39 W PaPlst5s'56G W Sh 1st 45 2361 gtd. West'n Md 1st 4s'62 West'nNY&P gn 4s'42 1067 West'n Pac 53’46 A_. 2 West'n Un §s 'CD . 99y Wheel Steel 414 1002 White S M 65°36 xw. 96's W SpStlcon7s'35et 14’5 W Sp Stl1st 7s'35ct 14%, WisClstgn4s'49ct 10 Youngtn S&T 68'70 B Youngtn S&T 5878 A 1008, 100% 96'2 96!y 14'2 141 \ 14t 143, 9% 10 ELEN 9813 COTTON REMAINS IN NARROW RANGE Liquidation After Recent| Rise and Hedging Bring Reactionary Tone. By the Associated Press. NEW YORK, September 28—Al- though somewhat reactionary, the cotton market ruled within a com- paratively narrow price range during the week. Nervousness over the European situ- ; ation seemed to be ubsiding and there | | was some . liquidation of contracts | bought on the recent advance, coupled with an increased volume of hedging. Offerings were absorbed by the trade on comparatively moderate setbacks, however, and the demand developed sufficiently to establish a point of re- sistance around the 10%-cent level for December contracts. That de- livery closed at 10.45 yestreday, com- pared with 10.61 at the close of the previous Friday. A renewal of wet weather in the Western belt has caused talk of fur- ther delays in picking and posslble‘ damage to grades, but there has been 99 98% 98% | spective changes in estimates of the crop. The comparatively small ginnings |of 2318395 bales reported by the Census Bureau prior to September 16, | compared with 3,120,794 bales to the | lume date last year, were attributed to delays in picking and the lateness of the crop. Weflly Cotton Statement, RLEANS. September 28 (P).-— &crenri Plauche's weekly New Orleans Cotton Exchange statement shows that the amount brought into sight during the last week has been 643.060, against D T it 2 nuinn 1.613,- 257 Tast year and b2 7 i 1933, ‘The movement since A - ceipts at l“ unum Etlle‘;‘unlo"ri:hol'v:fl" 680, again: 314 last year and 1.- 3] T Titis: overinhd’ Asra e mmmnm Ohio" and Folomac Rivers 1o 17 a & asainst 5 RS year aha wslni Interior stocks in excess of those he! f,.fne close of the commercial year. (.- | 3, against 454.154 last vear 7l in 1 iathern mil taies. e 229.000. against 421.000 last year. 6i 000 "year_befors NN These make the total mov'ment 1 the season from Aueust 1st to date B61.064, -nmg, !':. 45627 g 705 pJehr before last’ an ume nme " e it a d 2J80 8 eign expnns for been 159450 against 1 the season making the s toual thus fo ST of last. gear, e de- World_spinners’ taking _of , American o | totaled 139 cars, against 52 a week 98%, | Ma comparatively little discussion of pro- | BoF: Chicago receipts of corn today ago and 111 the corresponding day a year ago. These figures apparently foreshadowed success of efforts to avert an end-of-the-month price squeeze in the corn market Monday. Corn closed %-133 lower than yes- terday’s finish, December, 57%a%; 2 down, December, 98a 98'4; oats %-3 off, and provisions varying from 2 cents decline to 10 cents advance. ATS | September.. Defemb er. September.. December.”. BARLEY Sentember_ December D— Sept ___ October_ December January_ 18.20 18.20 Chicago Cash Market. Cash wheat, No. 2 hard, tough, 1.18z; corn, No. 1 mixed, 83; No. 2 yellow, 83a83%:; No. 2 white, 831;; oats, No. 2 white, 33%4; no rye, buck- wheat; soy beans, No. 2 yellow, old or new October, 65; new October and November, 62; barley nominal; feed, 32a48; malting, 50a75: timothy seed, 2.50a2.75 hundredweight; clover seed, 11.50216.00 hundredweight. Liverpool Graim Prices. LIVERPOOL. September : futures closed steady High, Octoker ___.. 063 | December 2 Washington E;hange SALES—AFTER CALL. Potomac Electric 5!2% pfd.—10 at 113, Bid and Alked Prices. BONDS. PUBLIC UTBJ‘I’Y.! Amfl ‘Tel. & Tel. 4'-x h)lld- Tel. & Tel. Col. - 110, Amcom- & Potomac b b5l @02 Kt Asked. | o ec. Pow. Cons. Polomac Eiec. s MISCELLANEOUS. Barber & Ross. I Y Chevy Chase Club 318 Gol- Cotntry. Club §i3s. Cold Storase 5--- STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9)__ Gepital Transit Co. @ . Steamboat (6) Pol Elec. Pow. 6% Df El Po 5'a% b, as Lt £ £lee. & ;U2 38 Ry, & Bec. 500.5): Wash. Loan & Tr. FIRE INST Amerlctn 4]"\ 5 Corc Hremen s (1. fiO National Union (50)-. TITLE INSURANCE. Columbis (.30) _ Real Estate Carpel Corp. (1.60). . cceen Lanston Monotyu [ p—— ~ | middiing, Mergentnaler Peoples Drul 8. nlfl (! Real Est. & G. pfd. Beirlty Storase {5 t L Wh Ter. Wdwd. cotton during the week were against 313,000 fast year® and 36500 year before last, distributed as follows North and last: ‘South. #3.000. against Ra000" 1ase Year and 55000 yeur Betonst 1ass d 1' 2 exclusive_of Canada and Orient, 51 against 76,000 last year and 32.000 vea? before last. Total takings of American cotton seas s for ). against 1.489.000 Oocu De Jear Betore ast: & 355000 last Sear and” 658 000y - fore |m foreign, " excl af" Canada and Orient, 465,00 AERInSt 501000 st year and 946,0 efore last” Orienr. 000 last sear and st. Stocks at the seaboard and the 102.000 leading Southern interior_centers ‘have reased during th eek 40f inst an inere nding " period_ and are now this date in IDJA. —_— CKICAGO LIVE STOCK. ICAGO. September 28 (M Staics Devatiment o Asriculture) —cunlgl'? F:500; compared r{‘d Jast week, <ho ™S and vearlings about steady: Tess desirable srades fin hed ratber uu' ish, fower, mo; - hfl'een lndes uwnred l Iwrtlun ot this sharp break. but market In fll"tned nul llllhtl! lt the cloue on everything exce finished weeks top earlings, ifer vearlings, n nnn-lo-d lots; :I\olc! heifers st) ened. others a: grades weak to cows _strong steady; vealers steady to lower "srades showing the decline: | Tange slaughter steers k' of “Westems. mosily” stocke and cows Iarrest of season: repiacement steers shared decline on hlleu. bulk sell- I.I\ll at 660-8 00 w:ll bud rnr:,le nocken b0 akainet ilnh 000" year before -25 el 17 .mipdlncu combared Friday Ias: wesk: h lambs around steady to 25 Ie ns; aged Ahm st arkel nal l heavy sows o yud tndem 9. !6- 2l 1mn took none; estimated hols er, 500, ‘ BUTTER—One-pound prints (92 score), 28wl 1-pound prints (R0 score), tub. 26;” l'pound prints (89 score).’ 26; © lard, 18a19; Brices by ‘the "Unitéd States Burea Asriciitural Economice ° = EGOS_Market steady and unchanged | on ' most grade: nment-graded standards, 1 1 cent lower. " Carreat | ipts. 29a31:" hennery whites. average 34836. Government. d hite exss (including Erading “and costs): U. 8. extras, large. 42: 351 8 lhndurdl FOULTRY_ lEl"O llnc! "l 20, el "':f-zu. .00 & pair. DIVIDENDS ANNOUNCED NEW YORK. September 28.—] declared (prepared by the Stand: tistics Cor 12 Tou Resumed. Pe- St'k of Pay- lme. riod. record. 1-$2.50 o 10- --33¢ <o Increased. Crown Zeller SG pf A1 .. 6ol $1 Lufi%m rf'ece Vet rarrel'? & Accumulated. Rainier P&P $2 A_$1.50 .- Regular. Fr Proc 2d nf l 1 Q W-Pllmfll'c-? Ital Su Pow Petrol Corp al fi.,.. % Catalin Corp 2 Celanese 1st pf (7)100s llu Celluloid Corp pf. 258 25 Cert&SW Util__ Cent States Elec Centrif Pipe (40c) Chi RIVEM (135) - Childs Co pt = Cities Servic: Citles Service Pw&Lt 37 pf_ City Auto St(60 Claude Neon Lt Clev Tractor Club Aluminum Colon O} = Colts Pat F A l‘A. Columb O&G vte.. Com'with Ed (4) Community Wat § Como Mines ___ Consol Alrcraft__. Cons Copper ContG&E pr pf(7) Cooper Bessemer. Cord Corp Crane & Co Creole Petroleum Crocker W heeler Crown Cent Petr_. Crown Cork Intl A (350¢) .. __ Cusi-Mexicana M Darby Petr (50c). Det Gray iron & Foundry (blue) Dictograph Prod Distillers C-Seagr 8 & 110 110 25 25 1% 1 6 184 221, 1% 265 8% 5 13% 1% New York Cotton By the Associated P-ess. NEW YORK, September 28.—Cotton futures opened steady, unchanged to | 4 higher on steady Liverpool cables, unfavorable weather, and trade buy- ing. October, 10.47; December, 10.48, January, 10.49; March, 10.57; May, 10.65; July, 10.70. The opening demand from the trade and scattered sources was supplied by Southern hedging and New Orleans selling with prices easing off slightly | after the call. At the end of the first | hour the October delivery was 3 points higher, while later months were net unchanged to 2 points lower, with Oc- tober selling at 1045 and May af 10.63. | Lake Shore M (+2) | Merritt Chap & | Northwest Eng ! Novadel Ag (2)_ | Ohto Pwr pf (6)._ The ezrly weather map showed a! sharp drop of temperatures in the ‘Western belt, but no frost, while there were some widely scattered rains ln the East. outures closed Hleses. aisher to) 10.46 1044 1070 Snot steady; middling. Cottonseed Oil. Bleachable cottonseed oil closed steady. October, cember, 10.18b; futures 10.15; De- January, 10.18b; | March, 10.27b. Sales, 9 contracts. b—Bid. Liverpool Quotations, LIVERPOOL, September 10.000 bales. 8pot in fair demand: prices 5 points lower Quotations in_pence: American strict good middling, 6.95; sood mxdd.lln middling, i) strict low dow mlddl(nm .00 striet | good ordini 80: good ordinary. 5.50. Fucures closed uulu and steady. October. em! an: 5.85: 2770 March, 5.80; U. 8. TREASURY NOTES. (Reportec :y Chas D Barney & Col Rate—Maturity, A IR P (#).—Cotton, | including 5.100 American. | 8.85; strict | | | Imp Ol Ltd coupon (160¢) . ‘lasieyeasttDel)A Technicolor Inc Imp T mp Tob Can Texas Gulf Prod (+35¢) Imp TobGB&T Texon O&Ld (66¢) (1.07 7-10) Trans-Lux Daylite Indian Territory Ple Sn (20 Illum Oil (A) Union Int Petrolm(t1%) (alve) Jersey Central Unit Corp war. Unit Founders P&L pf (5%) ’4 Unit Gas Corp Unit Gas Cor war. + | Untt Gas Corp p! | Usit Lt&Pw (A Unit Lt&Pw pt Unit Profit Share._ Unit Shoe Mach | bt (13%) | USElec Pw ww U S Foil (B) (60e) U S & 1ntl Secur _ U S & Int’l Secur st pt ww (5uc) - United Verde Exten (120¢) Unitcd Wall Paper Utah P&L pf $1% Ulilites vl | Utility Eq pf(3%) 5 Venezuela Fetrol Waco Alrcraft __. Walker (Hiram)_. Wayne Pump.... Western Auto Supply (3) A West Tab&S1a (1) Woodley Pet (40c) Wright Harg te0e 18% : | 127% - T S =P O —Roa S S em Lakey Fy & Mch . Leonard Ofl Lone Star Gas 30¢ Long Island Light Louisiana L&Ex MzsW1ll Dredg(12)400s Scott pf A Mohawk Hudson 1st of (4) Mohawk H 2d pf Molybdenum 08 100s 32 2 Neisner Br pf(7) N J Zine (2) \eu)lex&Arlzbd A vim Min tal) _ 2z Hud Pw . les- Bem-Pond _ Nipissing(a1215c) 16% 4814 17% 6 ™ Pacific Eastern__. 5 PacificG & E 1stpf (1%) ___ Pan-Am Afr (1)_ Pantepec Ofl _ ‘- 3 25% 1 38 39 3 féog ast quarterly or semi-a; TADDual rate—plus extra | dividends aPaid this yeat year. *hip or being reorganized 281, nusi 38 First MorTtcace LLoans Uistrict of Columbia. Nearby Marylanc and Virginia 5% Terms from 3 to 15 years RANDALL H. HAGNER & COMPANY NCORPORATED MORTOAGE LOAN CORRESFONDENT 267 167 48'¢ 17 6 % Dividend rates in dollars pased on ioe Daymeuts thccumulated dCompanies repories i rectivers *Ex dividend. 1321 Connecticut Avenue N.W. Telephone: DEcatur 3600 Property Mortgage Management Loans Automobile Fire Insurance Insurance Fire and Automobile Insurance With our facilities we can take the very hest care of your fire and automobile insurance needs. B. F. SAUL CO. REAL ESTATE Facing McPherson Square 925 15th St. N.W. National 2100 THE FIDELITY BUILDING & LOAN ASSOCIATION MAIN OFFICE Fidelity Building 610 18th St. N.W. Listen to the “OLD TIMER” over WISV every Sunday at 1:30 P.M. The Institution of Service Make Your Savings PROFITABLE “The Fidelity” Offers You Both Safe Saving and Increased Profit! “The Fidelity” invites you to open a Savings Account and join with the many thousands of far- sighted men and women, whom we are serving, and who always find here a friendly spmt of helpful- ness and co-operation. Paid on Savings —Compounded Semi-Annually from the date of payment to the date of withdrawal. o No restrictions are imposed on the amount You may deposit, or withdraw.