Evening Star Newspaper, September 30, 1935, Page 13

FINANCIAL AMUSEMENTS. CLEARINGS SCORE TRANSACTIONS. ON THE NEW YORK STOCK EXCHHGE LARGE RISE HERE . Prev. 1935 . Net. Total $677,764,302 in Nine ¥ A—13 STOCKS IRREGULAR LATE IN' SESSION Break in New Haven Issues Prev. 1935 ot ms.o‘;‘ ld?!’/. Cuban-Am Sug pt. Aadog Eigholow, Cloes.Chas: | o ot Cotese Poe 34% 84% B84% — % | 22% 156 Curtis Publishing.. 167 134 130 = | 1054 89 CurtlePubpt (). 134 134 Prev. 1935 Stock and Dividend Rate. % 12% Southern Pacific_.. 5% Southern Rallway_. 7 Southern Rwy pf__. 3% Sparks-Withington 82 Spencer Kell (1.60) T4 Sperry vtc (a25e). Stock and Dividend Rate. Prev. 1935 High. Low. 9% 4% Adams Express .. 35% 28 Adams Millis ll)... 14% - 8 Addressog'h (60c) 1414 4% Advance Rumely. 8% 6% AfMliated Pro (60c). 8% 8% + 29% 30% + 3% 2 Curtiss Wright.__. 10% 6% Curtiss Wright (A) 29% 16 Cutler Hammer.... % + % 10 11 Ch.. High. Low. ‘Add 00. High. Low. Close.Chge. is 8% 8 Months, Compared With 808 67% 67% 671 — ..,,z Raos & TEEDE. - enchor $537,536,075 in 1934, 1 40% 40% 40% + Pacific (d) .. 1% 1% — % 9 17% 17% 17% — 1% Mo Pacific pf (d) ... 2% 2% + % 2 108% 108% 108% 10% Mohawk C M (a25¢) 20 20% - % 4 3 2% BY EDWARD C. STONE. Bank clearings in Washington in the first nine months of the present 5 Monsanto Chem(t1) 81% 8 30% year totaled $677,764,302.27, against $537,536,075.72 in the first nine months of 1934, an increase so far in 1935 of $150,228,226.55, it was announced this noon by the Washington Clear- ing House Association. September clearings alone revealed an increase over the like period last year of $14,928,475.23, according to the records kept by Charles E. Bright, manager of the clearing house. In September clearings amounted to $73,- 280,430.08, in comparison with $58,- 351,954.85 in the corresponding month last year. The September report and the fig- ares for the nine months are further evidences of the remarkable improve- ment in business conditions in the Capital scored so far in 1935. With holiday trade not far away, the re- mainder of the year is expected to show similar progress. Clearings in th first nine months of this year in this city compare as follows with the corresponding months & year ago: = 1935. $69,566,923 60,956,281 74,112,669 77,447,954 77,957,951 85,895,159 83,003 060 75,543,871 59,433,291 September .. 73,280,430 58,351,954 C. & P. Phone Net Higher. Operating revenues of the Chesa- peake & Potomac Telephone Co. in August amounted to $821,186 against $773,083 in August a year ago, accord- ing to the monthly statement filed today with the Public Utilities Com- mission. Operating expenses called for $592,- 697 compared with $570,215 in the like month last year, leaving net operating revenues of $228.489 against $202.868 a year ago. Taxes were slightly lower than in August, 1934. 1934. $55,737,297 49,091,924 62,209,874 61,297,334 61,662,074 66,669,995 63,082,328 January - February March Interest deductions in August this | yéar required $24,882 against $20,789 last year, which, deducted from gross, left a net income of $146,601 in com- parison with the considerably lower figure of $124,166 in the same month last year. ‘Washington was served by 196,099 telephones on August 31. This was & net increase of 12,781 telephones over the number in service at the end of August, 1934. Telephone calls in Washington also increased in August, there having been 19,931,000 calls made during the month as compared with 17,431,000 calls dur- ing August, 1934. The telephone company’s report for the first eight months of this year showed total operating revenues of $6,668,420 against $6,455325 a year ago, operating expenses of $4,700,119 compared with $4,545,739, leaving after the deduction of taxes, an operating income of $1,470,507 in comparison with $1,415,725. After all other deductions, including interest, the telephone company re- ported a balance before dividends of $1,270,748 compared with $1,244,555 in the like 193¢ period, a substantial gain in net earnings so far this year. Bank Directors Re-Elected. At the annual meeting of the stock- holders of the Bank of Commerce & Savings, held in Alexandria this fore- noon, the following directors were Te- elected: Maurice D. Rosenberg, Joseph Sanders, Irvin Owings, John M. Rior- don, Thomas J. Groom, Joseph H. Milans, Dr. Clarence A. Weaver, ‘Thomas N. Beavers, William L. Bush, J. E. Colliflower, E. T. Chewning, A 8. Gatley, Harry E. Mayer, J. F. Maury, Vernon G. Owen and Frank Owings. President Rosenberg reported marked progress made during the past year, calling attention especially to the business being built up by the new branch located at North Capitol and H streets, not far from the Govern- ment Printing Office. ' Insurance Office 90 Years Old. H. Lawrence Choate, director of the Washington agency of the Mutual Benefit Life Insurance Co. of New Jer- sey, announced today that the office here is now celebrating its 90th an- niversary. In noting the event, a spe- cial luncheon will be held at the Carl- ton Hotel tomorrow, which will be ad- dressed by Edward E. Rhodes, vice piesident of the company and one of the most prominent insurance men in the country. On the Wastungton Stock Exchange tecday 25 shares of Woodward & Lothrop common stock sold at 40, against the last previous sale at 33, a gain of 7 full points. National Bank of Washington stock was strong on a sale at 105. Capital Transit stock opened the week with a small sale at 18, closing with 18 bid and 18% asked. Legal accounting and other major problems imposed upon the American corporation by the Federal Securities act and other legislation enacted in ‘Washington will be discussed at a conference on finance taxation to be held by the American Management Asseciation in New York October 9 and 10 next. Among the speakers will be Chairman James M. Landis of the Securities Exchange Commission, President Charles R. Gay of the New York Stock Exchange and John D. Lonsdale, former president of the American Bankers’ Association. Power Plan Advocated. Holders of Manitoba Power Co. 5% per cent first mortgage bonds, series A and series B, are urged today to support the consolidation and read- Justment plaa for the five companies in the Winnepeg electric group. The other four companies have already sgreed to the plan. If the plan be- comes effective there will be an ex- change into new general mortgage bonds on which interest will accrue from January 2, 1835, and to be paid at the time the exchange is made. Both large and small holders are asked to send in iheir proxies before the neeting, set for October 10. FOREIGN EXCHANGES. tember 30 (#).—Forel| Great Britain in do York 98.87 in uum-x. 101.12%. b—ynnuuL s — Deficit, eight %fi'&m a1, was $785,-, ) A 1524% 20% 2% 819 30% T4 29% 57% 3214 65% 384 128% 1465 168 25% 57% 22 107 96 33% 1% 20% 58 28% 1o 24% 9y 41% 49 18% 159 27% 95%, 14% 26% 51% 17% 76 204% 70 14015 145% 10214 105% 140% 6 | 122\/. 6% T0% 3% 8 8% 15% 57% 91 37% % 28 4715 115 8% 39% 14 63 4% 115% . 28 4 23 104% Alr Reduction ¢53). 15% Alaska Jun 1£80c)... % Alleg Corp td) =~ __ 2% Alleg pf wisow (). 21 Allegheny 8t (1)... 3% Allled Stores ... 12 Allis Chalmers ___. 41% Am Ag Ch(Del)(: 13% Am Bank Note - 43 Am Bk Note pf (3) . 21 Am Brk Shoe (1) 119 Am Brk Shoe pf (7) 110 - Am Can (t4) 151% Am Can pf (7) 10 Am Car & Foundry. 25% Am Car & Fdry of .. 8 Am Chain 38 Am Chainpf(31%). 66 Am Chicle (13) . 22% Am Comel Alcohol. 6% Am Crystal Sugar.. 72 AmCrysSistpf6. 2 Am & Foreign Pwr_ 14 Am& For Pw $7 pf. 4% Am & For Pw 24 pf. 17 Am Hide & L pf 2914 Am Home Pr (2.40). 2% Am Ice: _ ooooo 18 AmIcepf (6) .____ 4% Am International... 9 Am Locomotive _. 32 Am Locomotive pt.. 1814 Am Mch & Fv (80¢) 4% Am Mch & Metals__ 13'3 Am Metal 1% Am Power & Light 8% Am Pw & Lt $5 of _ 10'% Am Pw & L.t $6 pf _ 10% Am Radiator 13412 Am Radiator pf(7) 149 -1 15C% uo 15% 15% — % 1% 16% sgunufi:nuuana S s 8 3 —-NO—MQHNFWI we w S e o - ants 308 15% Am Roll Mills a30c x 30 66 415 Am Seating vte .. 20 Am Shipbldg (2).__ 31% Am Smelt & Ref 103 AmS&R 6%pf $133 63 Am Snuff (13) 12 Am Steel Foundry.. 51% Am Sugar (2). - 12613 Am Sug pf (7) 98% Am Tel & Tel (9) ... 72% Am Tobacco (5) ... 74% Am Tobacco B (5) .. 129% Am Tobacco pf (6).. 2'3 Am Type Fdrs (d)... Am Safetv Raz (5)_ 47 Am Woolen 35's Am Woolen pf ... *x Am Writ Pap (d)._. 2% Am Writ Pap pf (d) 3 AmZinc & Lead . 31 Am Zinc & Lead pf. & Anaconda Copper.. 10% Anchor Cap (60c) 99% Anchor Cap pfi634) 1'2 Albany Wrap Paper 36 Archer Dan M (t1)_ 117 Archer Danpf (7). 3% Armour of [1linois 55% Arm’'r(HDpr pf (6). 1612 Armstrong Cork 500 4 Arnold Constable.. 3% Artloom Corp T3 Asso Dry Good: 35% Atch To&S Fe a2)- 66% Atch To&S F pf(5)- 19% Atlantic Coast Line 3 Atl Gulf&W Ind.___. 21% Atlantic Ref (1).... 32% Atlas Powder (2)... 106% Atlas Pwr pf (6)—. 4 Atlas Tack o eeee. 15 Auburn Auto..cee.. 513 Austin Nichols .. 3515 Austin Npf A (2)__ 2% Aviation Corp(Del) 1'; Baldwin Loco (d) T13 Baldwin Loco pf (d) 715 Baltimore & Ohlo _ 94 Baltimore & Oh pf.. 3% Barker Brothers 57 Barnsdall Corp t60c 37'; Bayuk Cigar (t1) 1414 Beatrice Cre (a50c) 11% Belding-Hem (1) 11% Bendix Aviation 15% BeneficialLo41% 34 _Best & Co (2) 215 Bethlehem Steel 55% Beth Steel pf(al 14% Bigelow-San Corp. 9% Blaw-Knox 6% Boeing Alrpl 39% Bohn Alum &Br (3) 90 Bon Ami (A) (t4).. 21 Borden Co (1.60). 28Y% Borg-Warner42)_-.. 3% Boston & Maine ___ 815 Bridgep't Bra: 241 Briggs Mfg ( 2314 Briggs & Strat (!)_ 30% Bristol-Myers (12). 3 48% — % 88% 23% 5 —1% 21% 48% — % 113 118% - % 8% +1% 37 41 1% + % 394 + % 313 2% — 21 15% — 13% 13% 48 lll)s 3613 BKlyn-Man Tr (3)_. x 14 Bklyn& Qof (2)... 43 Bklvn Union Gas(5) 3% Brunswick-Balke _. 4% Bucyrus Erie 81 Bucyrus Erfecv pf_ 3% Budd(EG)Mfg Budd(E G)MIg pf_. 21; Budd Wheel 8% Bullard Co 13% Burr Add Mch(60¢) 1% Butte Copper&Zinc. * % Butterick Co (d).__ 11% Byers (A M) 30% California Pkg(1%) % Callahan Zine. . ... 21 Calumet & Hecla__.. 7% Campbell-Wv a40e.. 8% Can Dry Gin Ale_... 9% Canadian Pacific_. 4% Capital Admin (A)- 32% Cap Adm pf A (3)._ 45% Case (JI)Co.. e 36% Caterpillar Tr (11). 19% Celanese Corp..... 1% Celotex Co (d) . .cun 11% Celotex Co pf (d)... 22Y Cent Aguire (1%).. 6% Century Rib Mills _ 38% Cerro de Pasco (4). 3% Certain-teed Prod . Tertain-teed Pr pf_ 87% Ches & Ohio (2.80) 36 Chesapeake Corp(3) 15% Chi Malil Order (t1) % Chi M StP&P of (d) 1% Chi & N W (d) 3% Chi & N'W pf (d) .. 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf... 25 Chickasha C O (2).. 8% Chilas Co ... 9 Chile Copper....... 31 Chrysler Corp (11). 14 City Ice & Fuel (2). 69% City Ice&F pf(6%4). 12% Clark Equip (80¢).. 27% Clev Graph Br (t1). 125 110 Cluett Peab pf (7).. 245 1617 Coca-Cola (8) ... T 53% Coca-Cola A (3).... 15% Colgate-P-P (50¢).. 9 Collins & Alkman._. 5 ColoF&1pfd). .. 10% Colo & South 7 Colo & Sou 1st pf._.. 6% Colo & Sou 24 pf... 3% Col Gas & Elec ... 3512.Col G & Eof A (6).." 3415 Colum Pic vte (11)_ 67 Colum Carbon €4) _ 39% Comcl Credit (2%)- 5634 Comel Inv Tr(12.80) 111 Comcl I T cv p2.(6). 97% Comel In T pR(4%)- 17% Comcl Solv (160c)... % Comw & Southern_. 29% Comw & Sou pf (3). 27 Congoleum-N(1.60) 23% Conn Ry&Lt (4%4) 41 Conn ul.pr “% ). Consol Cigar 14% Cons Film pf (31%) 16% Consol Gas N Y (1). 72% Consol Gas of (5).. Consol Laundries. Consol Oil (a25¢) *21% Consol RR Cuba 14 Consol Textile - 8% Container Corp (A) 2% Contalner Corp (B) 44 Contl Baking (A) 46% Contl Baking of (4) 62% Contl Can (2.40) 7 . Contl Dia F' (ab5e¢).. 28% Contl Insur (+1.20). Contl Motors 5% Contl O Del a2%c. 1 m 41\ rn Bx Bk&TT (3) Prod Ref (3).. 165 l“ Corn Prod pf (7) ... 6% 89% 4% 4% Coty Ine 35% Cream of Wh (48 48% Crown C&S pf(3.70) 3% Zelleds FEEEERFS ll 3508 3 1 6 8 1808 16 1 e 13 5 2 15 2 3 B 3208 265 ¥ 10s 1 7 34% 34 10s 113 113 113 +2% 5245 242% 2456 +1 2 54% bd% — % 16 % 17% —1% 35 31% — % 608 13% — 34 10s 16% ~11% 1208 13 -2 108 L 11% - % 52 11% - % 2 85 -% H 7 5 + % EEF FEE F OEEE EFFEES 18 3 -1 3 84 37 2 9 2108 708 2 219 13 7 -0 SR "%‘a,..,._m 1 621 S l 149 1‘9 149 —¢ 4% - 4% 4* + % 3T 37% Aflfi m fl% 20* “fi-“ 4% — % 245 + 4 To% 6% 6k+u 42 43% 19% 43% 12% 22% Deere& Co.. .. ... 23% Delaware & Hudson 11 Del Lack & West._.. 4% Dome Mines (12)... 6% Dominion Stores _. 17'% Douxglas Alr (a75¢). 33 113% 103 Duplan Silk pf (8).. 185% 86% Du Pont (13.60)_._ 115 104 Duquesne Lt 1st(5) 3% Eastern Roll Mills. 161 110% Eastman Kod (¥5)_ 164 141 29 32% Eastman Kod pf (6) 16% Eaton Mfg (t1) . _. 19% Elec Auto L (a30c). l;!'/- 107 Elec Auto L pf (7). 3% Electric Boat 5% Elec &Mus [nd 1% ElecPw& Lt ___. 2% Elec Pw & Lt $6 pf_ 3 Elec Pw& Lt $7 pf. % 39 Elec Stor Bat (2%). % Elk Horn C pf (d).. l:fi 125% Endicott-Joh pf(7). 14 Eng Pub Sve $6 pf_. 14% Eng P S $5.50 of ww 15% Eng Pub Sve $6 pf_. 4% Equit Ofce Bldg-.. T4 ErfeR R e 8% ErleRR 1stpf __. 10% Eureka Vac C (80c) 15 Evans Products(1). 2 Exchange Buffet 17 Fairbanks Morse 3%, Fed Motor T (a10c) 2815 Fid Ph F In (11.20). 13% Firestone (40c) .. 20% Kond Machine (1 97 Foster- Wheeler 30% Frank Sim pf $3% _ 174 Freeport-Texas (1) 2814 120'% 112'; Freeport-Tex pf (6) 12 2% 103, 10% 44 20% 123 8% 15% 49 64% 4% Fuller Co2d pf._ 7% Gabriel Co (A) . 7 Gamewell Co..._. 5% Gen Am Investors._. 32% Gen Am Trans(1%) 11% Gen Asphalt 7% Gen Baking (6 5% Gen Bronze 4 Gen Cable (A] 19 Gen Cable pf.. 50 Gen Cigar (t4 143 127': Gen Cigar pf (T 35 374 1% 1515 47 4w 14% 3 4 4% 20% Gen Eleetric (8 30 Gen Foods (1.80) % Gen Gas & El (A) 10 Gen G&E 6%cv pfA 268 Gen Motors (12) ___ 3 Gen Outdoor Adv__ 10 Gen Outdoors Adv A 17% Gen Print Ink(1.60) 1'% Gen Public Service. 15% Gen Ry Signal (1).. 2Gen Realty & Uti 16% Gen Refractor - ;2 Gillett Saf Ras (1) 0': 2'» Gimbel Bros 18 Gimbel Bros pf—__. 23% Glidden Co (t1) . 110% 1047 Glidden Co pr pf (7) 4% 114 Gobel (Adolf) (). 14% Gold Dust (1.20) 7% Goodrich (BF).... 40 Goodrich (BF) pf_. 15% Goodyear T&R - ___ 2% Gotham Silk Hose.. 1% Graham-Paige..... 5% Granby Consol..... 2Y% Grand Unfon ... 18% Granite City St (1) 23% Granite City S rets_ 9% Grt Northern pr 9% Grt North Ore (50¢c) '\ 26% Grt West Sug (2.40) 29% 34 26 127 um 7% 25% 88% -128 122 Hercu 20% Greyhound Corp ... 12 Gulf States Steel__. 21% Hackensack W(1%) 30 Hack WpfA(1%). 16 Harbison Walk (1). 5% Hat Corp of Amer.. 1% Hayes Bedy 85 Hazel AtlasGl A1 Hercules 71 Hercul Pw pt (7). 5% Holland Furnace . " 6% Holland & Son (§0¢) 30% Houd-Hersh (23%) A 63 H'daille-Hers B(1). 135 Houston Ol (new), 43 Howe Sound (13)__. 2% Hudson & Manhat _ 6% Hudson Motor Car. % Hupp Motors 915 Ilinots Cen: 40 111 Cent Ise l\n.l ) 233 Indus Rayon (1.68). 60% Ingersoll-Rand ¢ 46% In! 213 Inspiration Copper. 4 Insur ShMd cfs 15¢. 8% Interboro R T (d) _ 134 Intercont] Rubber... 4% Interlake fron __ Ltd (20¢) 22% Int Cement (1) 34% Int Harvester 60e) .. 1% Int Hydro Elec (A). 224 Int Nick Can)(30s_. 1% Int Paper & Pw (A). % Int Paper & Pw (C). 4% Int Paper & Pw pf __ 21% Int Print Ink(1.40). 98 Int Print Ink pf (6) % 60% Int Silver pf (4).... 67 7% 84% 8% 5% Int Tel & Tel —— 8% Interstate Dept St... 6% Intertype (a20c) .__ 25 Island Creek C (2)_. 49 Jowel Tea (3) 381% Johns-Manv (lSOc) 50 Jones&Laugh?%pf 3% Kans City Southn__ 7% Kaufmann D S(30¢c) 13% Kennecott C (60¢) 23 Kinney (G R) Co pf ) it 22 LambertCo (2)._. 5% Lehigh Val Coal pf_ 5 Lehigh Valley R R.. 67% Lehman C (12.40).. 10% Lehn & Fink (1%).. 6% Libby McNeill & L.. 21% Lidb-O-Ford G1(1.20) 119 94% Ligg & Myers (t4)_. 93% Ligg & Myers (14)B 167!/, 151% Ligg & Myers pf (7) 19% 24% 39% 4% 45% 16 Lily Tulip Cup(1%) 13% Lima Locomotive... 19% Link Belt (80¢) ... 24% Liquid Carb (11)... 31% Loew’s Inc (2) 10813 102 Loew’s Inc of (834) 1% 21 26% 1 Loft Inc 1% Long Bell Lum (A). 18 Lorillard P (11.20). 144% 124 Lerillard Ppf (7) . 22% AT% 26% 136, 45% 127% 8% 4% 16% 28% 51% 30 8 8% 35% 11% 33% 54% 14% maa ml 604 42 3% 6% 13% 24% 115 - m Ildl'l I'.l 105 “!6 10% Louisv G&EpfA 1 34 Louis&Nash(a3%). 12% Ludium Stael _ 0% Ludium Stl of (6%) 40 McAndrews&F(12). 36% Meclntyre Porcu (3) 90% McKeesport T P (4) 5% McKesson & Rob_ .. 82 McKesson & Rob pt 815 McLellan Stores... 18% Mack Truck (1).._. 30% Macy (R H)& Co(2) 13% Man El md gtd (d).. 1 Maracaibo Oil Exp.. 5% Marine Midld (40¢c). 20 Marlin-Rockwell(3) 6% Marshall. Field & Co 23% Mathieson Alk(1%) 35% May Dept Str (1.60) 5% Maytag Co Maytag ww (tl%). 32% Maytag xw (33% 84% Maytag 1st.pf (6 41 Melville 8hoe (l") o ma-o-t rmnu) s:ummnon 3) 51" Minn Moline Pw 5E 10% Mission oo e 2% Mo Kans 4 Glllett Saf R pf (5) x 39 404 + 35% 36 ~ 4% 15 40% 41 + 9 31 10s 112 22 129 20s 114 114 114 6% 64 6% 156% 156 156% luh 158% 168% FOFFEFFNE FEF EEET FEISF FEERFERIFIS FEFER 2%+ % 39% - % 17 12 +% 7 13% + % 44 % 57 + % 142 33% 32% % 10 -5% 46% + M 34 — 14 18% + % 36% —1% 3% + 4 33+ % 1% 24% + % 65% 24 30 3314 25% 12 4+ AU A%+ % loa» 103% +4% 24% +1%4 u‘q 86% — % 127% 127% + % 18% 815 40 22% W-% % + % 10% 27% + % 584 fli 14% 10% 27% 16 308 2 5 18 7 1% - 8% + % 39% 39% + % 114 114 +1 4116% 115 115 —1% 1168% 158% 158% —1% 3 17 16% 17 + % 2 23 23 23 -1 12 87% 36% 36% — % 32,32% 31% 32. +1 33 4% 8 1% i 2 11 25% 25% 25% + % 10s 135% 135% 135% + % 2 19% 19 19% — 4 4 45 44 M4 -y 4 25% 26% 264 — % 2 182% 131% 132% +2% 2" 41% 40% 40% -1% 2 32 31% 3 10% 10% 2 37T% 87% - @ noowsn~anneSS [ 1106 104 Pn1 22% 22% 2! lfipfl(‘ 190s 110 110 110 I. 1“% 103% 108% + 4% fli 4% l l“fi 11% ll! MWW M & 14 2 19 8 53 2 3 kil 7 9% Mullins Mfg (A).. 9% Mullins Mfg (B)... 16 72% 62 Mullins Mfg pt..... 1808 17% 4% Murray Corp. 27 ——— 19% 11 Nash Motors (1)._. ]OK 4% A C Biscuit (1.60).. Cash Rg A(50c) Dairy Pr (1.20) Dairy pf A (7). Dept Stores (d) Dept Sitrs pf(d) Distillers (2) __ En & Stpg (2) .. Pw & Lt (80¢).. 17% 12% 110% 103 4% 1% 34% 185 N Y Afrbrake__ 12% N Y Central RR_ Investors (d) . N H & Hartford N H & Hartf pf Ontario & West Rwys pf (d).__ Shipbuilding 52 N Y Shipbuild’g pf 4% 2 North Am Aviation 24% 9 North AmerCo (1)_ 21% 13% Northern Pacific _— 144 9% Ohio Of) (a18c) . 12% 3% Omnibus Corp vte . 813 4% Oppenheim Coliins_ 22 11% Otis Elevator (60c) 125 108 Otis Elev pf (6 17% 4% Otis Steel 52 38 OutletCo (2) 104 80 Owens-1ll Gl —_— 17% 14 Pac-Amer Fisherte: 8 314 Pacific Coast 1s 28% 13% PacificG& E (l%). 44% 19 Pacific Ltg (2.40)._. 21 12 Pacific Mills. 115% 70 Pacific Tel & Tel IC) 136 111! Pacific T & T pt (6) 5% 3% Packard Motors lh 13 Panhandle Pro & R. 8 Param’t Pic (new)_. 101-. 84 Param’t Pic 1st pf.. 14% 9% Param’t Pic2d pf__. 6 2% Park Utah = 2% % Parmelee Transp't. 7% 5 Pathe Film Corp.__ 15 815 Patino Mines 81 64’3 Penick & Ford ll).. 84% 57% Penney J C (2) 30'a 17% Penn Railroad(50c) 39% 30 PeoplesDS (11)__. 43': 17% Peoples GasChl .. 29! 13 Pere Marquette pf_. 40'; 16'; Pere Marqprof ___ 19% 14 Pet Milk (1) 11% 7% Pet C'pof Amaldc. 15% 13 Pfeiffer Brew (11). % 12% Phelps Dodge(a25c) 23 PhilaCo6% pf (3). x 1% Phila & Read C&1 35% Philip Morris (1) 512 Phillips-Jones C_ 13% Phillips Petrol (1 3 Phoenix Hoslery. % Plerce Ofl__ 26Y% Pitts Coal p: 515 Pitts Screw & 2214 Pitts Steel pf 24 Pitts United C pt 613 Plymouth Ofl . 6's Poor & Co (B) 4% Postal Tel&C pf (d) 42% Proc & Gamble $1%; 115 Proc & Gam pf (5) 20% Pub Sve N J (2.40) 62% Pub Sve N J pf (5) 73 Pub Sve NJ pf (6) 31'3 Pullman, Inc (1%)._ 5% Pure Oil 17 8% Purity Bakeries (l) 8% 62% 72 51 22% 43% 42% 11 4 Radio Corporation 50 RadioC'ppf A (3%) 35% Radio Corppf B __ 1% Radio-Keith-Or (d) 1613 Raybestos-Man (1). 29% Reading (2)....... 36 Reading 1st pf (2)_. 314 Real Silk Hosiery . 20t Real Silk Hose pf_ 7 Remington-Rand 21% Remington-R pr pf. 69 Rem-Rand 6% pf___ 2% Reo MotorCar._... 9 Republic Steel ____ 28% Republic Steel pf. 75 RevereC&Bpf.... 24'% 174 Reynolds Metals (1 108% 101 Reynolds M pf (5% 25% 124 Reyn'lds Spring(1) 63 55% Reynolds Tob (3) 57 43% Reynolds Tob B (3) 15 54 Ritter Dental % 44% 29 Royal D 32% Safeway Stores (3). 10% St Joseph Ld (40¢c). % St L-San Fran (d).. St L-San Fr pf (d)_ 22 Schenley Distillers. 1% Schulte Retail Strs. 8 Schulte Re Strs pf. 55 Scott Paper (1.80)... % Seaboard Afr L (d). 20% Seab’d O Del (+60c) 31 Sears Roeb'k(a75c) 114 Second Nat'l Invest. 40 Sec Nat Inv pf $23% 7% Servel Inc (50c)___ 9 Sharon Steel Hoop. 31 Sharp & Dohme. 43 Sharp&Dpf (!%) 7% Shattuck(F G)(25c) 20% Shell Trad (al.23.7) 5% Shell Union Ofl . 63% Shell Union Oil pf_. 8% Silver King C(40¢). 6 Simmons Co 5 Simms Pet (a50c 615 Skelly Ol Z 24 Sloss-ShefMeld pt. 15% Snider Packing 10% Secony-Vac (30 20 Sou Porto R Sug( 10% South Cal Ed (13%)- : BANKERS DISCOUNT NEW HAVEN FEARS Boston Financiers Believe No Immediate Crisis Faces Carrier. By the Associated Press. NEW . YORK, September 30.—Dow, Jones & Co. says in a dispatch from Boston that in informed quarters there it is believed that no immediate crisis impends in the finan- cial affairs of the New York, New Haven & Hartford Railroad Co., se- curities of which dropped sharply on the stock exchange today. There is considered to be no doubt that October 1 interest requirements will be taken care of, the dispatch states. In this connection it was re- called that only very recently Jesse Jones, chairman of the R. F. C., said emphatically that it was unlikely that there would be any railroad receiver- ships during the remainder of the year. The New Haven has interest re- quirements of $914,23¢ to meet to- morrow on its funded debt, and an undetermined amount on Federal loans which are outstanding in the 32% % 4% 13% 14% 13% % FEEFLE F 8% 19% % 3% LI+l +14+01+ +1+ FRFEFFFEEE FEF |8 o & LI I e S0 7 17% 42% 124 48% 113% Tig 65‘1 40% 20 4% 21% 119 90% 18% 24"y 15% 7 % 65'% 213 46% 82% 311 6% 381 28% 5% 5 % 21% 1 cash payments 813 Spicer Mfg. . . 33% Spicer Mfg pf (3 43% Splegel-May-Stern 123 Stand Brands (301). 2% Stand Com Tobacco 1% Stand Gas & Elec-... 1% Stand G& E $4 pf.. 4% Stand GEES8pf__ 6 StandG&ES$Tpf__ % Stand Inv Corp, - 27% Stand O1l of Cal'(1) 23 Stand Oll of Ind (1) 35% Stand Ol NJ (1) 12% Starrett (L 8) (1) 58% Sterling Prod (3.8 6% Stewart-Warne: 2 Stone & Webs 24 Studebaker Col 60% Sun Of1 (1) 3% 8 14% Swift & Co l'lfl-)-- % Symington (d) . 1% Symington (A)(d)- ————————— e 6% Telautograph (60¢) ™D 28% Texas Gulf Sul (2). 14 Texas& PacRR 3% Tex Pac Coal & Ol 815 Tex Pac Land Trust 13% Thatcher (1) 2'; Thermoid Co 13% Thompson Products 1% Thompson Starrett 7% Tide War Asso Oil. 4% Timken-Detroit ._. 28% Timken R P (11) _. T% Trans & VWestn Afr_ 4% Transamerica(30c). 5% Transue&Williams. 1% Tri-Contl Corp _ 69 Tri-Contl Cor pf(6) 4% Truax-Tra Coal. ... 3% Truscon Steel _ 13 20th Century Fox. 24% 20th Century Fox pf 1% Ulen & Co. 53% Und-Ell-Fisher (2). 29 Union Bag&Pap (2) 44 UnCarb&C (1.60). 14% Un Ofl of Cal (1) 9% United Aircraft 4'; United Air L1 20% United Bise (1.60) 14% Unit-Carr Fast (1) 46 United Carbon 2. 15 United Corp . 20% United Corp pf (3. 8% United Drug _ 4’3 United Dyewood 3% United Elec Coal 65 United Fruit (3). 9% United Gas Imp ( 87! United Gas | pf (5) 82% Un Pacific (6) - % U S Distributing 5 U S Distributing of S & For'n Secur._ S Gypsum (t1) S Hoffman_.__._. S Ind Alcohol (2). S Leather A vtc__ S Pipe & F (50¢) S P&F 1st pf1.20. S Realty & Imp_.. S Rubber = 2435 U S Rubber 1st pf 92 USSm&Ref (a8 274 U S Steel . 73% U S Steel pf (2) 3% United Stores (A) - 46 United Stores pf___ 51 Univ Leaf Tob (t2) ) 0% 5 5% T 14% 9% 3 9% 4 u U u u u u u u u U l53 133% Univ Leaf T pf (8) 29 Univ Pic 1st pfd . 1 QUnivPipe& Rad___ 1 UUlPw&Lt(A) 11% Vanadium Corp 11% Van Raalte (a25¢c) 91 Van Ral 1st pf (1) 34 Vick Chem (12)_ 2% Va-Car Chemical 17% Va-Car Chem 6% pf 63% Vulcan Detin ( 1 Wabash (d)-. 26% Walgreen Co (1.49). 1% Walworth Co._ 5 Ward Baking (A) 1% Ward Baking (B) 2% Warner Bros Plc... 14% Warner Bros Pic pf 2% Warren Bros. _____. 7% Warren Broscv pf_. 20% Warren Fdry&P 1_. 303 Wi n O&S (150c) 72 Wesson O&S pf (4). 34 West Pa Elec (1)A 397% West Pa Elec pf (7) 95 West Pa Pwr pf (6) 104'; West Pa Pwr pf (7) 513 Western Maryland Ti; Western Md zd pt 2% Western Pac pf (d) 20% Western Union 18 West'gh'se A B 50c % 32% Westinghse El as0c 90 West'h'se 1st pf 313 10, Weston Elec Inst 4614 Wheel Stl pf(313%3). 6% White Motor 13% White Rk M S(1.40) 6 White Sew Mch pf._. 3% Wilson & Co (50¢)_. 58 Wilson & Co pf (6)- 51 Woolworth (2.40)__ 11% Worthington Pump. 25% Worth Pumppf A 73% Wrigley W jr (13)_. 17% Yale & Towne (60c) 2% Yellow Truck __ 18 Young Spr& W ( 13 YoungstownS & 1% Zenith Radlo__..... 2% Zonite Products..... Rights Expire. % Budd Mfg. _Apr. 16 420,000 890,000 of trading d Com ized. x Ex dividend. ¥ Acoumiiated dividends les. ported 24405 17\4 11% 1% 9% 10 22 1108 14 8 27% 108 69 e — 11 12:00 Noon. 2: shares. 1 Anoua) & Paid this year. recelve or LI N ER L] l+|+ FEEF ++||||+++I Gl el s - FEFEFIFES Unsettles Market for Time - in Afterncon. STOCK AVERAGES 20 35 18 Indust. Ralls. Uut. 8Cxs. Net change. Ux- Une. —.1 Today, closz. 369 493 Prev, day... 67,5 369 494 Month ago. 64.6 36.1 47.6 Year ago-_. 479 219 1935 high.. 68.8 393 1935 216 1934 40.6 1934 228 242 1932 8.7 239 1929 high._146. 9 153.9 184.3 157. ’l 1927 low... 51.6 953 618 6138 (Compiled by the Associated Press.) 253 25.8 25.1 24.9 216 18.5 43.0 & BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, September 30.—A | break in New Haven Railway issues had a temporarily unsettling effect on 4| the stock market teday despite a firm "‘\mdmonn displayed by the automo- | tive group and a number of specialties. | New Haven shares dropped 2 to 1, |around 3 points at their worst and % | the road’s bonds lost between 2 and 2. ’-4 Both the stocks and bonds recovered ] partially in late dealings, but were still heavy. +| Shares of General Motors, Chrysler, Auburn, Borg-Warner, Briggs Mfg. and Electric Auto-Lite got up about a point EFE FERR 6% + | each. Radio preferred B and Owens- 16% — 'a | Illinois gained 2 or so and Consoli- 26% + % | dated Gas advanced more than a point. 2 % lDu Point, Case, American Telephone, 1% +1% | Western Union and Libby McNeil 338 67% 17% = > I+4+4++1 10 ! & sx sx w8"x w5 s Pit++ 0 ++ ++ *F Approximate Sales of Stocks on the N. Y. Stock Exchange. | 11:00 A.M..... 1:00 P.M...... Dividend rates as gives w the svove table are e based the latest quarterly or haif-yearly . 720,000 . 1.040,¢ 000 rate— b Paid being 21 points and the preferred hzcuned FIELD TOUR LAUNCHED o +1 01+ +4101+4+0 0 - % | Libby were moderately improved. % | United Pruit lost 2, while Delaware & \ Hudson, New York Central and Penn- wsyl\zml eased. The late tone was ,, irregular. Transfers approximated 13 | 1,500,000 shares. | Owens-Illinois got up 2 and Con- solidated Gas was given a run for nearly as much. On the losing side y: was New Haven preferred, off 3 points, y | With the common down 2. Unitrd 15 | fruit dropped 2 and Du Pont, Liggett s | & Myers B, Pennsylvania and Dela- % ware & Hudson yielded a point each. ' | The metals, steels and many of the utilities were virtually unchanged. The dip in New Haven was ascribed partly to fresh uncertainty as to whether the road would be able t3 find its October 1 interest payments, although it was announced several weeks ago that at that time it seemed likely the charges would be met. The conditional ruling out of new taxes by President Roosevelt was en- couraging to the financial sector, which intergreted the reassurin; statement as a continuance of th: “breathing spell” policy for busines-. Prediction of a big cut in the orig. nally estimated deficit for the currert | fiscal year was also helpful to thc sound money forces. Much interest was shown in tbn declaration of Willlam J. Cameron, widely regarded as spokesman for | Henry Ford, that “the American mind | has made a remarkable recavery of | equlibrium” and that economic signs “have already changed for the better.” New York Cotton By the Associated Press. NEW YORK, September 30.—Cotton moved within a narrow price range today, with slight early advances, fol- lowed by setbacks under furthes Southern hedging and scattering liquidation. October held relatively steady on covering and was about 2 points net higher in the mid-afternoon market, while later months showed net losseg of 2 to 3 points. | The first of the private end-Septems ; ber crop reports issued placed the in< dicated yield at 11,410,000 bales, against 11,621,000 last month. Liverpool Quotations. LIVERPOOL. September 30 (#).—Cotton, 2.000 bales. American nil. middling low middling. : January, 5.77; July, 5.81. By the Associated Press. CHICAGO, September 30.—Rapid and wide fluctuations in price today attended the wind-up of dealings in September delivery of corn. The market for September jumped in the late trading to exactly even | with the season’s topmost figures, a rise of 212 cents a bushel from Satur-, day’s close. Increased offerings before the finish, however, tumbled the mar- ket back suddenly about 3 cents. Unexpected big receipts of corn to- day apparently prevented sharply higher prices. ‘With a last-minute rallp, September corn finished flurried at the season's EEEFEFF 3% points on heavy offerings on the stock exchange, but both issues came back from the lows of the day. Sev- eral issues of bonds declined 3 to around 5 points before steadying. CORN GRIND DECLINES WELL BELOW YEAR AGO By the Associated Press. NEW YORK, September 30.—A corn grind of 3917313 bushels for the reported today by 11 refiners of starches, sirups, sugars and other derivatives of corn. The Corn Industries Research Foun- dation, in announcing the grind on behalf of the refiners, states that the August grind -is 212 per cent under the July, 1935, grind and about 40 per cent under the August, 1935, grind. The total grind for the first eight months of 1835 is 21 per cent under the corresponding period of last year. Competition of duty-free foreign starches with starches made from corn is cited. DELIVERIES DELAYED. NEW YORK, September 30 (#).— ‘The tight delivery situation in many lines has continued to worry dry goods wholesalers. In addition to shortages on sheetings, towels and other cotton | goods items, deliveries on Fall sweat- ers are reported being deiayed four to five weeks. JOBBERS KEPT BUSY. NEW YORK, September 30 (P)— Jobbers i BY JERSEY STANDARD By the Associated Press. NEW YORK, September 30.—A group of sales executives of the Standard Oil Co. of New Jersey left Newark today for a three-week fleld contact tour. The entire trip will be made in a bus and en route the group will discuss fleld problems in the par- | ritory in which the bus is traveling. equipment, study advertising. marketing areas of the Standdrd Ofl companies of New Jersey, 1- vania and Louisiana. i MONEY IN CIRCULATION SHOWS SLIGHT DECLINE By thé Associated Press. Week ended Septemver 25. ~35.826.000, Previous wi M The inspection tour will include top. The corn market as a whole closed irreguiar, 73 lower to !7 cents higher than Saturday’s finish, Septem- a85; December, 571,a58; 227 up; December, 20% oats at Y4 decline to 3 advance and provisions at 5 cents to 10 eents | ticular division of the company’s ter- | DG | The officals will investigate local | Dec domestic market during August Was saies congitions, inspect plants and | observe personnel, and Bet Cash wheat, No. 1 hard, 1.23%; No, 2 mixed, 1.16; corn, No. 2 mixed, 82a 8213; No. 1 yellow, 83; No. 1 white, 82%a%;-oats, No. 2 white, 33%: no rye, buckwheat or soybeans; barley nominal, feed 35a50, malting 50a78; timothy seed, 2.50a75 hundndwelcm. clover seed, 11.50a16.00 hundred- weight. I.lvel”;el Grain Prices. raTVERE aSeptember 30 (. —Wheat STEEL QUOTATIONS. [ |