Evening Star Newspaper, October 8, 1935, Page 15

FINANCIAL, CURB LIST HOLDS ATSTEADY LEVELS Utilities and Oils Draw Most | Attention in Late Trading. By the Associated Press. NEW YORK, October 8—Utilities and olls featured late trading in the Curb market today with the tone gen- erally steady. Singer Manufacturing jumped 8 points to 283, and other active special- ties were 1 to nearly 4 points higher. Hiram Walker was off 1% points at 23Y following denial by an insurance company of liability in the company's Peoria, Il fire loss. Parker Rust Proof gained 2%4 points to 47% on declaration of a $1 extra dividend on common along with the regular payment. BONDS ON THE CURB MARKET. DOMESTIC BONDS, High. Low. Noon. la 2 B2% 310508 063 106% 90, ,99% 1021 10214 Alabam P 4125 Asso T ’y‘)s C -14 tod Bald L‘L“x'm w Brmham Gas 58 Carolina P&L 5s ' ent 1l PS 4!as P Cent 1 P8 55°G Lt Cent Sta Elec 58 Cn 8t El 5las C 428 A 2 103 12 102 ln"a 3 Crane Co_5s '4 Crucible Steel 5 Cudahy Pk b6s Det C Gas 65 A Emp 5las Federal Wt 5las Firestone CM_5s Florida P & L 55 ‘5% Gary E & G 5s Gatineau Pow Gatineau Pow ts '41 Gatineeu P 6s B '41 Gen Ray 65 A “48_ sen W G & E 55, Georsia Pow 55 Glen Alden © 35 165 Wit 8 Ut 4328 B ‘61 Hood Rubber 7s 36 Hotel Waldorf 7s '5 P 4l3s D Intersta Pow Intersta Pow 2 BTl 014 100% 0034 10034 100% Lehigh P 10634 107 Lexinaton Ut 5 Minn _G&Lt 4‘1: Miss Pw &3 Nevads Caiif % 3 New Eng G&E 5s '47 ¢ Eng G&E bs 4% 105% 105% 104 104 1043 104% 10 210678 10635 101 S 81 Rl e 105%% 105% 105" 8686 B . Fitts Steel 05 Pot Edis 5s E 1 105 Pow Bec ey 9612 06% 963 10413 10412 10412 1007 1007 1007 813 813 81 2 104% 1047 1043 10415 10415 10413 10173 102 UaL & Ry o8 A Un & R 65 A Rub 625 '40. U!nh PL 65 A 2022 Pub_Sery 6s "! "" 91 m 82 1Y 1a 75 10572 1 10314 10314 103% BONDS. 40 89 York Rwy 51 FOREIGN Eyurop Mte 7s C '671 40 RAM; 1, 8 40 89 99 31, B: 1 1 1 s 42% 42% xw—Without war- qante. hen issued. st s Pczotianiiy impatred by maturity. 1Companies reported in receivership. NEW YORK BANK STOCKS NEW YORK, October 8 (#).—New York Becurity Dealers' Association: (Quotations as of 2 o'clock.) Bid. of Man (1%a) - 23 ankers Tr, (2)- Bklyn Tr ( Sen T BK & Tr (917 Chlu Nlt (1 D Asked. — 1 By private wire direct to The Star. Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Afrinvevpf .- 1 17% 17% 17% Allled Milla(a25¢) 13 17% 16% 17 Alum’'nCoof Am 8508 74% 78 178 Alum'n pf (1%)..300s loflh 101% 101% Alum’n Ltd. 8¢ Am Beverage . 3"1 3% 8% Am Capital (B) 1 & & & AmCappf (31%). 1 22 22 22 Am Citles P&L B 5 4 4 Am Cynam(40c)B 28 23% 22% 28% am Founders_.__ 20 * Am Gas&E (1.40). 39 34% 334 88% Am G&E pf (6) 225s106% 105% 106% Am Laundry(40¢) 50s 19% 19% 19! Am Lt&Tr (1.20). 8 13% Am Maracaibo. 6 Am Superpower__ 22 Am Superpw pf 1 Amster Trad a3lc. Ark NatGas A Ark Nat Gas cu pt Asso E 1 (p213c). ASSOG&E(A).. 22 AssoG&ES5pf.. 1 Asso Invest (30c) 400! At Coast Fisher Atlas Corp (a300) 29 Atlas Corp war 19 AtlasCorpf A (3) 2 Atlas Plywood.... 1 Auto Voting Machine (t60¢c) 4 Ax-Fisher(3.20)A 30s Babcock&W (40c) 75s Baldw L bdrts(d) 40 Bellanca Alrcraft. 2 BlissCo (EW)__. 57 Blue Ridge Corp.. 6 Blue Ridge pf (3). 4 BlumenthalS. ... 3 Bower Roll B (1). 12 Brown Co pf ___. 2508 Brown Forman BuEN&EPof 11.60). ... ..o Bunker Hill&Sul. 325- Burco cv pf (3)--. 268 Burma, Ltd (a15 1-5¢) Butler Bros Cable El Prod vte. Cable&Wpf a14.90 Can Marcont Carib Syndicat Carrier Corp.. Catalin Corp- 21 9% 9 Celanese 1st pt(1) 25; 1074 101% 107»5 Celluloid Corp 7 Celluloid Corp CentP&L 1% pf (1%)--... 268 33% 834 83% Cent & S W U] 2 1% 1% 1% Cent StatesElec.. 9 1 1 1 Central States Electric 7% pf. 50s 13 13 _13 Centrif Pipe (40c) 5 5% 5% 5% Chesebrough (4) 1008125 125 125 Chi RIiv&M (135) 12 22% 21 22% Childs Co ot _ 25% Cities Service 1% Cities Service pf_ 19 Citles Sve pf BB_. 17 City Auto St(60c). T Clev Elec Illu (2) 3% Club Aluminum.__. 1% Colon Otl 1% Columbia Gas & Elec cv pt (5) .. 2508 1 = 'usa 25 24\ 25 | Com'with Ed (4)_. | Com’with&S war. Como Mines Consol Afreraft... Cons Copper . Consol Gas of Balto (3.60) eee Cons Retall St___. Cooper Bessemer... Cooper Range.__.. Cord Corp Corroon & Reyn__ Crane&Co Creole Petroleum. Crocker Wheeler. Crown Cent Petr_. Crown Cork Intl A (350c) Cusi-Mexicana M. Det Gray {ron & Foundry (bl0c) Dictograph Prod._ Distillers C-Seagr Distilled Liquors. Doehler Die Cast._ Dow Chemical (2) Draper Cp (12.40) Driver Har (a50¢) Duke Power (3)__ 25- Duval Tex Sulph. 4 Eugle Pitcher Ltd 1 Eastn G&F Asso_ 11 Eastn Sta Pw (A) 100s Eastn Sta Pw (B) 50s kasy Wash Mch B (a37i¢)- Edison Bros (1).. Etsler Elec Corp.. Elec Bond&Share Elec Bd&Sh pf (5) Elec Bd&Sh pf (6) El Pwr Assoc (A). Elec Pw & Lt 6 22 3 22% l 100% 20- 1 1 22% 22% 100% 100% 56 6 30% 62 9% 6% 3 13% Elec Sharehld'g Dt ws (31%4). EquityCorp._ - 6 Ex-Cell-O A&Tool 12 Fairchild Aviat'n T Fajardo Sug (a3).100s Falstaff Brewery. 1 Fanny F C (60c).. 2 Fedder Mfg (A).. 5§ Ferro Enam(80c). 22 Fidelio Brewery__ 1 Fire As Phila (2). 25- Fisk Rubber = Fisk Rub pf (6)-. 125- Flintkote (1) A__ 8 Fla P&L ot - 50s Ford MCanA1%. 4 2 #ord Mot (Can) B(1%). —_ .. 258 Ford Mot Lta (a17.7¢) = 2 Froedtert Gr & conv pf (1.20).. 200l Gen Alloy! GenElLtdrg Gen Flreprooflng. Glen Alden C (11). Gold Seal Elec_ ... Gorham vtc ext GUE—— Great Atl & Pao Tean-v (16) ... Great Atl & Pac Tea 1st pf (7). Guif Ofl of Pa Hall Lamp (al0e) Hartford Electric Light (2.75) ___. Harvard Brew____ Hacla Min (a10c) Hollinger G(t650) Holly Sugar...... 1001 Hudson Bay Min & Sm(a50¢) Humble Oil (1) Hydro Elec Sec. 4 Hygrade 8yl (2)..225s Il Pw&Lt §6 pf... 1508 imp Oil Lta coupon (160¢) ... Imp Tob Can (1360)..... .. 5 Indian Territory Illum Oil (B)_.. & Insurance Co of North Am (2). 300s Intl Hydro Eleo System cv pf . 100s Intl Mining (60e). 3 (ntl Mining war . 5 int Petrolm(t1%) 37 Intl Safety Razor (B)(25¢) = 1% Interstate Power (Del) pt - 108 17 Iron Fireman vte_. 50s 21 lrving Alr C(160¢) Ital Superpwr(A). Kreuger(G)Brew. Lake Shore M(12) Lakey Fy & Mch_. Lehigh C&N(50¢c). 4 208126 126 126 208129% 129% 129% 4 63 61% 61% 6% 70 2% 11% 12 90 70 31 14 16 67T% 8% 12 3% 34% Lone Star Gas 300 Long Island Light Lynch Corp (3)._. STORE EXECUTIVE NAMED. Maryl'd Casualty. Merritt Chap & 8. Mesabi Iron__ .. Michigan Sugar... Mich Sug pf-—caee Middie States Petrol vi0 A eee Mid-West Util pf Ascod (8) aee THE EVENING BTAR, WASHINGTON, NEW YORK CURB MARKET QUOTATIONS Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Mohawk H2d pf.. 50s 34% 34% 344 Molybdenum . ._. 7 124 12 12% Mont Ward A (7). 50s137% 188 137% Nachm Spr(abte). 1 Nat Bolla Hess . Nat Fuel Gas (1) Nat Investors ... Nat Inv of (34) . Nat P&L pf (6) Rubber Mach Nat Sugar N J(2) Nat Tea pf (55¢) . Nat Transit (80¢) Neisner Br pf(7)- NJ Zine (2). 1 9% 9% 9y 258109 109 109 67% 66% 664 59% 659% 89% 90 8 8 16 "16 7% 8 26 26 2 .2 2% 2% 2 2 23% 23 % Niles-Bem-Pond.. Nipissing(al2%e¢) Noma Elec Corp-- North Am L&P _. Nor Am L&P pf Northn Europ O1l. Northern States Power (A) Northwest Eng . Novadel Ag (3)-. Ohio Edis pf (6) . Ohio Ofl cu pf (6). Ohto Pwr pf (6)__ Of] Stocks Ltd (t40c) Outboard Mot A Pacific Eastern_. PacificG& K Istpf (1%) . 2 Pac Tin spec (a2).100s Pan-Am Air (1)__. 5 Pantepec Oil . 70 Parke Davis (t1) 6 Parker Rust (3)..750s Pennroad Corp . 34 2% Penn P&L pf (7) - 208105 Pepperell Mfg (3) 10- 63% Phoenix Secur 2% Phila Co (60c) 8 Plerce Governor__ Ploneer Gold Mines Lzta (80c) 21 Pitney Bo P (20¢) 8 Pitts & L E (23%).110s Pitts Plate G(t2)_ 11 Potrero Sugar-._. 3 Pratt & Lamb (1). 4 Premier Gold t12¢. 1 Prod Royalty 2%¢ 3 Prudent Inv pf(6) 100s Puget Sound Pw & Ltgspf . Rwy&Lt Secur._. Rainbow Lum (A) ReybarnCo .. .. Reynolds Invest. Richmond Rad . Root Petrolmeum. Rossia Intl Corp_. Royal Typewriter Saf Car H&L (3) _ Salt Creek P(30c) St Regis Paper. .. 2 2% 2 284% % 15 11 % 15 1 29% 29% 0 96% 96% 1103% 103% 103% 60s110 110 110 10% 9% L 28% 85% 38% 3 43% 46 2% 2% 104 105 63% 63% :h 2% -8 6 6 8%’ 6% 66 79% 24y 24% 2 1 M . 288 2 10 2% g ”‘\!71 Stock and Sales— Dividend Rate. Add 00. High. Scovill Mfg (1)...160s 30 Segal Lock & H. 1 & Selected Indus.... 31 2% Selec Industries allnt ctfs (3% ) 250s 69% Selec Ind pr (3%) 200- 69% Sentry Safety Con & Seton Leather __. a 5% Shattuck Den Min 2 4 Shenandoah pf... 2 21% 21 21% Sher-Wilms (4).. 4115 1124115 Sher-Wilms pf(6) 40s109% 109 109% Singer Mfg (16).. 20s283Y 283 !83 Smith (A O) 3 45 434 Sonotone Corp.-. 19 2% 2% 2% South Am Gold & Plat (40c) B8 4% 4% SouPennOil140. 6 26 24% Southn Calif Ed of B (1%) Southn Calit Edis pIC(1%) Southn Colo Pw A South’n Nat G (d) Sou'land R(t20¢c) Spanish&Gen rcts Square Deal Co DA (2202008 Square Deal (B Stana ON Ky (+1) Stand O] Ohlo.... Stand Pw&Lt..... Stand Stlver & L. Starrett Corp (d)- Starrett C'p pf(d) Strook & Co. s Stutz Motor ... Sunray Ofl ... .. Sunshine Min 1.60 Swift Intl (2) __ Swiss Oil (40c) .. ‘Tasteyeast(Del)A Technicolor Inc ‘Teck Hughes(40c) Texas Gulf Prod . Texon O&Ld (60c) Tobacco & Allled Stocks(all) 50s Tob Prod Ex(10c) 3 Toledo Edis pf(6) 10s Trans-Lux Daylite Pic8n (20¢) .. 1 Tubize Chatillion. Tubize Chatil A__. Tung-8ol Lamp Tung-Sol L pf (3) Union Tobacco.... Unit Corp war.... Unit Founders___. Unit Gas Corp___ Unit Gas Cor Low. Close. 20% 29% i 2% 2% 69 69% 68% 69% & 5% b% 4 4 4 32 | Untt Gas Corp pf.. Unit G&E pf (7). 10: Uolt Lt&Pw (A).. Unit Lt&Pw pf Unit Profit Share_ Unit Shoe M 3% 250- U 8 Elec Pw ww 1 U 8 Foil (B) (60e) 1057 usplayc 1) _. 50s US Radiator ____ 1 U S Radiator pf. Il 258 i ‘ i ‘m |1‘ Al l‘\\ \]!1 E HONESTLY believe that not one other new car for 1936 can match, dollar for dollar, the quality, performance and pride of ownership- that is offered you by the new 1936 Packard 120. For this car that, in its first year changed America’s conception of “‘the thousand-dollar , automobile™, is now a car that is better still. No other car can give you all these things this year We do not believe that any other car can duplicate the new 1936 Packard 120’s truly -D. C, Stock and Sales— Dividend Rate. Add 00. High. Lo Unit M L % % Unit Stores vto Utd Verde Ex f20c. 0 2% United Wall Paper 18 Univ Prod (a80c) . 2008 Utah P&L pt $1% 1768 Utilities P&L 1 Utilities P&L pt_ 260! Utility & Indus._.. Venezuela Petrol. Walker (Hiram).. Walker Mining.... Wayne Pump_.... Wenden Copper.__ Westn Alr Exp(n) Western Auto Supply (3) A_. 1008 Woodley Pet (400) 4 Woolw (F W) a78 9-10¢) 1 Wright Harg Noo 13 Yukon Oold 296 17"A 38% % % 1% 23% 1% 16 lD 17 1 ship or being m l.d —_— PULLMAN EARNINGS BELOW YEAR AGO Sleeping Car Affiliate Shows Au- gust Net of $118,972, Against $200,940 in 1934. By the Associated Press. CHICAGO, October 8.—The Pullman Co., sleeping car affiliate of Pullman, Inc., reported today that net earnings from transportation operations during August were $118,972, compared with $200,940 in the same month last year. The report said this leaves a deficit of $2,144,568 for the eight months of 1935, compared with a $140,797 profit last year. These figures do not in- clude the earnings of manufacturing subsidiaries. LOADINGS GAIN SEEN. NEW YORK, October 8 (#).—The Southwest Shippers’ Advisory Board | estimated today that fourth-quarter freight loadings this year would be 324,373 cars, compared with 313,759 cars for the same period of last year, an increase of 3.4 per cent. e Penney (J. C.) Co.—September sales were off 5.9 per cent; nine months up | 1 3.9 per cent. choose one of the higher priced Packards. ‘We do not believe any other car of com- parable size and weight can accelerate so fast—and with such uncanny quictness and smoothness. unbelievable riding comfort. We do not believe that any other car in America will give you more years of service, or remain so free from trouble—unless you Inc. We do not believe that i greater operating economy in any other car of comparable weight and power. We do not believe that more real comfort and luxury have ever been built into a car made to sell for less than $2000. No other car can give you this is possible to find for thirty years ““The lines of a Packard never wear out’”. Can you say as much for any other car? No. For Packard’s unchanging lines have TUESDAY, OCTOBER 8, 1935. DOMESTIC COPPE 3| SBOOSTED AGAIN Quoted at 9/4-Cent Level After Steady Advance at Foreign Centers. % & | B7 the Associated Press. NEW YORK, October 8.—The price of domestic copper has been advanced to 9% cents & pound from the 9-cent level that has prevailed since Septem- ber 16. The boost in the domestic metal| followed successive advances in the price of the red metal abroad until it surpassed the home level yesterday at 9.10 cents a pound, c. {. f. European base ports. Large orders for war pur- poses and commercial activity were mostly responsible for the increased demand. On June 27, last, what was then known as “Blue Eagle” copper was lowered from 9 to 8 sents & pound fol- lowing collapse of N. R. A. and this figure prevailed until August 19 when it was elevated to 83, cents a pound as a result of the steady creeping up of the foreign price. Another mark- up of % cent a pound on September 16 brought the figure to that prevail- ing up to late yesterday. Leading wire and cable companies followed the increase with a mark-up of their magnet wire products 3 cent & pound. Foreign sales of copper were re- ported large during early trading to- day. The price remained at yester- | day's level of 9.10 cents a poung, c. 1. 1. European base ports. FOREIGN EXCHANGES. NE 8 (7 —Foreign Britain in dollars, ¢ “Britain demand, -day bills. 4.80%. Prance demand. 6.50; cables, 6.59, Ita! demand, K.15; cables, 8.] Belgium, 18 fifi Germany To Hongkons, 50.2 Montreal in Ne"'i!]’nrk 47700 e mu/. “New \'axx in Montre n—Nominal. “ i !‘ il‘ Wi it | virsinia o | Virsinian FINANCIAL. Pacific Lighting Offers $10,000,000 Debenture Issue By the Associated Press. NEW YORK, October 8.—An issue of $10,000,000 Pacific Lighting Corp. 4% per cent sinking fund debentures was offered publicly today. The bonds, which mature in 1945, were offered at 100. The issue is being floated by a banking group headed by Blyth & Co., Inc. Proceeds of the issue will be used to retire an issue of 5 per cent col- lateral trust bond, due 1937, of the Southern California Gas Corp., a sub- sidiary of Pacific Lighting Corp. DIVIDENDS ANNOUNCED NEW YORK. October 8.—Divid - ared (prepared by the ra s Extra, Rate, B8 Stockot P Heller lw ') & Co__7Y%c plod x;l:gld Lugky, Tiger Melville 8hoe Co. Atl Altorfer Bros $3 ¢ PLisl Goon (W B) 7% pL§ ot Bower 79 Ak Bt -1 Secur Corp ‘gen 7 “$1.76 10-10 10-19 | BuekerRelds, Lid. o G Clmul Pow & Lt pf _ City ‘Atto Biwmplng. - Colonial Life Ins of Amer Heller (W E) Co pf_43%c Jlmun Knit )lllll‘l - Kh! Hoyiliy 3 icky , Tiaer 10-21 9-20 56 & 10730 e 3 0 oool o 0O DOO NEW YORK BAR SILVER. NEW YORK, October 8 (#)—Bar silver steady, unchanged at 65%. . s L] WHOLESALE INDEX AT NEW HIGH MARK Reaches Peak of Recovery Period at 79.5 Per Cent of 1926-28. ‘The wholesale commodity price index of the National Fertilizer Assos ciation advanced to a new high leve} in the recovery period in the week ended October 5, and is at the highest point since December, 1930. The index rose to 79.5 per cent of thd 1926-1928 average, from 79.0 in the preceding week. A month ago the index was 78.6 and a year ago 75.3. ‘The advance in the index was dus largely to upturns in farm commod« itles. The textiles group advanced materially due to higher prices for cotton, wool, burlap, hemp and sisalj silk prices were lower. Food prices were generally higher with the prices of sugar, flour, potatoes, apples, prunes and raisins advancing, and beans, canned peas, and canned peaches declining. The grains, feeds and lve stock index advanced only slightly, the net result of higher prices for all grains, good cattle, sheep and lambs, and lower prices for feedstuffs, choice cattle and hogs. Higher prices for butter, and most vegetable oils, and lower prices for lard resulted in an advance in the fats and oils group. Finished steel and scrap steel prices were higher during the latest week, and tin prices were lower, accounting for the slight rise in the metals index. The advance in the fuels group was due to advances in anthracite coal prices. The termination of the dis- couny on potash prices, together with a rise in the price of cottonseed meal, caused the rise in the fertilizer mate rials index. Forty-seven price series included in the index advanced last week and 12 declined; in the preceding week there were 24 advances and 25 declines; in ! the second preceding week there were 40 advances and 15 declines, e Lane Bryant, Inc—September sales | were up 3.6 per cent; nine months 'off 0.9 per cent. The mb Packard 120 Touring Sedan for Five Pasiengers, One of Seven Antractive Body Spyles TRY TO FIND ITS EQUAL ! given Packard a distinguished identity that has taken thirty years to achieve. It any other car an equal period. No other car can ever give you this No other car can give you the prestige that not only has a great but that no other car v would take tone, eve Standard Packard stands for.. Yet the Packard name is yours without an added premium. For you can buy a new 1936 Packard 120 almost as easily as you can buy one of the low- est-priced cars. Any Packard dealer will be glad to prove this to you with actual figures. And the Packard 120’s long life and long style life make it sensible to buy out of income. Go to your Packard dealer and mechanical a caritis ASK THE MAN inspect the new 1936 Packard 120. You will find that Packard Washington Motor Car Co. Connecticut at S Jack car been made greater, can satisfy you. v v Hear Lawnence TisBerT, America’s favorite bari- Tuesday night, ime —Columbia coast-to-coast network. 8:30 p. m. Eastern 990 1115 ‘AT DETROIT ( Standusd Aasory Gaonp Etrs ) ‘WHO OWNS ONE Schultze Motor Co. Mid West Utll NEW YORK, October 8 (#).—James 1496 H St. N.E. . McKi has been elected ct convpfA (d). 1 man cnnd senior exacn':ve officer ""“L'fi‘f“."mm 150s 18 Marshall Field & Co., Ohlclco an lnlu-k Hudson New York department stores. 18t DL (&) emamee 1508 TTH 6% 774 Vernon Motor Co. A Bethesda Comest Jeg ek e Bell Motors, 1512 14th Sty N.W. ['S ; o Siiver Soring 18 1 Buflelfi’:nftor Co., Ine, Tyson’s car;ler Roads Garage