Evening Star Newspaper, October 10, 1935, Page 19

FINANCIAL. GORPORATE BONDS HAVE FIRM TONE -Rails in Better Demand. Federal Government Obli- gations Ease.” BOND AVERACES mm rafse. 0 Por n. Net change Unc. +.3 +.2 +.2 8'7 1 67 3 Today, 1 p.m. 81.1 99.6 Prev. day. .1 993 975 67.3 Month ago. 336 99.0 985 67.6 Year 864 842 66.9 1935 998 98.7 704 1935 92.2 845 65.5 889 170.0 1934 92.9 1934 73.7 68.2 60.2 1932 8 400 646 422 1928 high_.101.1 98.9102.9100.5 10 Low Yield Bonds, 1 pm.... 109.3 Prev.day 109.3 Month ago 110.1 Year 2go. 107.2 1935 high 110.7 1935 low. 107.9 1934 high 108.3 1934 low. 99.1 1928 high 104.4 1932 low. 86.8 (Compiled by the Associated Press.) By the Associated Press. NEW YORK, October 10.—Barring further reactionary dip by U. S. Gov- - ernments, the domestic bond it showed firming tendencies today on a trading volume somewhat larger ihan yesterday's. Raflroad liens, Which bogged down | near the close on Wednesday, had a better brand of support, and thus made up a fair part of the losses. Southern Pacific 4lps came back a point to 71, and fractional improvement appeared | 1 loans of Southern Railway, Erie,| New York Central and Baltimore & ©Ohio. Other corporate obligations for which moderately higher prices were paid included American & Foreizn Power 5s, Bethlehem Steel 5s, Chile Copper 5s, Golumbia Gas & Eleetrio 5s, International Telephone 5s, Postal Telegraph 5s and United Drug 5s. Early in the session the Federal list worked into net losses ranging from 1-32nd to 5482nds of a point. Prime loans of the corporate division were firm. Armour & Co. 4!.s, Goodyear 5s, Kansas Gas & Electric 4'2s and Texas Corp. 5s were traded one-eighth or 5o above yesterday's final levels. The foreign section continued to show an even tone, although Italian | issues sagged a bit. The government 7s were off half a point at 55!z British, Canadian, German and Polish issues showed modest gains. Bonds of Colombia and Argentina made the best showing in the South American group. U. S. Stee.l Reports Shipments Below Level of August By the Associated Press. NEW YORK, October 10.—Ship= meénts of finished products by the United Statés Steel Corp. in Septem- ber amounted to 614,933 tons, a de- crease of 9,564 tons from the 624.497 shipped in Auvgust. Shipments in the same month last year were 370,306 tons and in September, 1933, they were 675.161 tons. During the first nine months of this year shipments totaled 5.341.223 tons against 4,797,162 tons in the same period a year ago. —_— SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) ’ Allis-Chalmers Co. 8s 1 Amer. Bee Sugar 65 190" /ur Tel & Tel 5125 1 o B s Camcrnm Packing Gen. Pub suuce v,u Gotham Silk Hos 6s By private wire direet to The Star. LIBERTY. High. Bow. 9:58; 4th 4% s 1933-38 10010 1009 1009 TREASURY. £ p— 3 h! 2% 1045-47. 100 gfiz 9323 9923 10123 10128 10210 10213 10229 10229 - 10222 10217 10222 10631 1072 10530 103381 10613 10614 10616 10616 10510 10510 1082 1082 10921 10926 3% s 1940443 Jume 106 14 3%81941-43 Mar 10616 335 1943-47 10510 888 19486 . 1082 48 194454 10936 4348-3%® 194345 1049 1045 1049 438 1947-52 1142 1142 1142 FEDERAL FARM MORTGAGE. 238 1942-4Tcuue. 999 999 999 38 1947 ccacmaee. 10027 10025 10025 881949 _cccaawn. 10012 1005 10010 3%51964.-uea--. 10130 10129 10129 HOME OWNERS’ LOAN. 2%81939-49 ___ 992 9827 992 881952 <= 1008 100 1008 FOREIGN BONDS. h Abitibt PagPw b Argentine by Argentine §s ‘60 May Argentine 6s ‘60 Sept Argentine 6s 60 Oct Argentine 6s ‘61 Febr Argentine 6s Sl May 4%s '56 Australia 5857, Austrian 78 §7=... Belzium 6s 55 Belgium 6%s '49 Belgium 7s '65 .. Belgium 78 '56 Bergen City s !0 Berlin 6s 68 Berlin Elec 6s°55 ___ | Berlin Elec 6%8 '61_ Berlin Elec 6559 Bolivia 78 69 __ Bolivia 8s | Brazil 6348 | Brazil 6%s ‘27 Brazil 8 52 | Brisbane 6s 50 Budapest §s ‘62 ' unmat cou on | Buenos A C 6s'60 Oct | Buenos A 65 618t Pv | Canada 4s 60 % Canada 4%s 3 Canada 6852 | Chile 8360 | Chile 6s 61 Jan____.. Chile 68 61 Febr_.__. | Chilg 6561 Sept——mun | Chile 8863 Chile 75 '42 | Cnile Mtg BX 65761 { Chile Mtg Bk 6562 .- Chile Mtg Bk 6% 5'61. Colombia 8s ‘61 Jan_. Colombia 6861 Oct... | Copenhagen 68 ‘62 - Cordoba 7s ‘42 Prv__. Cordoba 78 '57 City .- Cordoba 7s 57 stpd .. Costa Rica 75 '61 A May coupon on... Cuba 638 46 -sczaam Cuba 6%s5 53 Cund’amarca 6%8'59 | Czechoslovakia 8s ‘53 Denmark 435 ‘62_. Denmark 5%s '56.. Denmark 6s 42 Dominic 1st 5%8 Dresden 7s 45 Elec Pw Ger 6 E1 Salvador 8s'48 et Finland 6%s Frankfort 6% *53. Ger C Bk A 63°3 | Ger C Bk A65'60 July | Ger C Bk A 78'50.cc Ger Gen El 745 Ger Gov 5148 '65 | Ger Prov & City Bk con Ag 6%s ‘58 Ger Rep 7849 GrtBr& Ir6%s'37_. | Grt C El Jap 6% l Haiti 6s '52 i 41% 37% “ 1071 Hamburg St Helsingfors Ilseder Steel 63 4 1taly 78 ‘51 | ItalCra P W 7 Japan 6%s lfi.....- Japan 6%s°54 .. .. Jugos Mtg Bk 78’57 unmat coupon. -.. Kreu&Toll 55'59A cfs Lombard El 7l 52.-. Mex 4s '54 asst_ Milan 6%s ‘52 - | Minas Gers 635 '58 Bept coupon off _. | Minu! Gers 6%s'59 Sept coupon off __. 5237 | Monrevideo 6s ‘59 . * Ohio River R. R. 58 Penn-Dixie cemem 65, 1‘;41 Rio Gr. Western 4. Vanadium Corp. 5 Wabash Rwy Co. ¢ Warner Bros. fis West 5% Bal 50 1 ' TU.S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Rate—Maturity Bid 2ios Dec. 15. roosters; 10: white ducks. 45 ds {5 Deavy Solored ducke. 1o, 4 Buiter.' 10.92%: firm: s 1 (o segre), 2aaail R creamer. n’éi extra_firsts (90-91), 0). 25825 ‘eceip! 225 Te- TeG8%; standards, 35: 5. on irack, 474 total 6: Northern white stock firm. uil; sup R X g u-.dml slow: Idaha Russet Bul‘hln blers. U S, No. % U. b lersA U. all . 1 15 Ooloudm McClures, U. 8. No. POREIGN EXCKANGES. 0 ».—Forélen tain in dollars, 41‘1’ 5 '"nb'iei' i 90% : cable: 2 3 Fianre, demand. 6 40 cabies, 0.50. demnd 8.14%;_cables, 8.14%;, man h lfllfl. omunv' free, 40.25: ur bk Ttaly, istered com- N 434 o0 Hungary, ico cna American Water Works & Electric. * | Rhinelbe Un 1 ad. U4 H Rio Gr do Sul 85’46 Monzevmeo 785 r\ew So Wales bs '57. Norw Mun Bk bs Oslo6s’65.. .. Panama 58'63 stp asd Paris Orl Ry 5%s"68 Peru 6560 caeecacan Peru 6s '61 Poland 6 Poland 78 "47-—ceeoce Poland 8s 50 ... Prussia 6%8 51-aae Queensland 6s'47.... 1084 1061 106% Queensland 78 "41.a.. 107 106% 107 34% 344 3 325 13% 16% 46 51% Rhine W El P Rio Gr do Bul 68 8 Jine coupon off .. 13% 17 47 stp 51% 14 5 13% 16% 46 51% 14 K April coupon off.. Rome 6%s ‘62 Santa F Arg 8ao Paulo St 6 July coupon off . Sao Paulo St 7s '40_.. Sao Paulo St 85 '50 July coupon off... 15% Saxon Pb W 6%s'51_ 33l ‘63unmeon 25% Ser! 8’62 unmcon 25% Silesia Elec 6148 ‘46 Silesian Bk 6s '47_. Styria 7546 Sydney 6% Tokio 5%8 ‘Tokio EI Lt 6s 15 33% 25% 25% 30 sbh Westohal EI P 6s '63. Yokohama és ‘61 DOMESTIC BONDS. AdamsBap ds 48 97% 9% 9T Ala Grt Sou 48’43 100% 100% 100% Alleg Corb bi 7 78% 76% 67 67 2% 22 22 5% 15% 15% 97U 97 9T 101% lOlK 101’4 70% 0% 32% 83 199% 109% 109% 109 108% 109 113% 113 113% . 113% 113 113% 118 112% 112% Anglo Ch Nitr Ann A 1st éx 1 Armour & Co 103% 103% Arm’r(Del)1st 94% 94% trong Tk 48 '50. 1043 104K 1044 A T&S FO 48°05-66 10434 104% lo‘% Pend 4n'95 108 % 624 62% High. Low. 2:55. 34% 334 34 46% 46% 46% 102% '40.. 102% 10 §ommmn. 100% 10 B & O Toledo 45 ‘59 Bang&Aroos cv 4s ‘61 Beech Crk 45’36 gtd Kell Tof Pabs'48 B Bell T of Pa 5860 C. Beneficlal L 8346 Beth Steel 438 '60 sf. Beth Stl p m 6s '36 Beth 81l rf db £a 43 110% . 79 7% 31 107% 106% 104'% 106% 109 1% 109% 109', 61 3914 8314 ‘% 104 % 106 106% 105% 1077% 4« 109% 1097 110% 119 1031 83% 1027 977 110% T9% T% 31 10714 106% Bklyn M T 8s 49 A... Bklya M T 6s Keo. Bklyn Un El Bklyn Un Ga Bklyn Un G 6 BufGE4%s'81 B Buff R&P con 4% Bush Term cn 68 '55._ Bv-Prod Ck 5%s = 1 Can'dtan Nt5s'63July Can'dian Nt 65’69 Qct Can'dian Nt R 58 10 Can'dian N dbé % " Can‘dian Nr,db 78 ‘40 Can‘dian Pc db4sy Can'dlan Pc 4%s8 '46 Can'dian Pe 4% Can‘dian Pe 58 Cawdian Pe 68 Cent Br U Pac Cent Dis Tel 65 43 Cent of Ga con 68 '45 Cent IIIE&G 6s'51. Cent N Eng 4361 Cent of N J gen 63 87 Cent Pao Ist rf 4849 | Cent Pacbs'60 ____ | Cent Steel 83 °¢1_ Cért'd ded 5148 '48 Chesap Cev cl bs "44- Chesap Corp 58 ‘47 C&O ren 41892, [C&O4%s"93A_ C&04%s'95 B | C & O con bs 39 Chi & Alt ref 3849 | Chi R&Q 1 dv 814 49 ChiB&Q1divés'4s ChiB& Qgends’s |ChiB&Q 438 77_. Chi B&Q ref 58’71 ChiGL&CEs'37.... Chi Grt W 48 ‘69 Chil& L gen 6s | CM&StP 48 89 CM&S(P gn 41889 C CM&StP4%s'$0E _ CMAS!P 5815 CMStP&P adj 68 2000 Ch! & NW gn 313 ‘87 Chi & NW 4148 2037 Chi & NW rf CANW Nr W 61s 38 | Chi R 1&P gn 4 Chi R &P rf 48 '3 CRI&P 4%s 52 ctfs Chi R L&P 418 '60 ChI T HES 19t 5580 Chi Un Sta ¢ Chi Un Sta 4%s°63 A Chi UnStabs 44 _ Ch1 & W 1 con 4s 63 Ch1& W 15%s 62 C&W11st 515562 C Childs & Co 6843 Chile Cop deb 68 "¢ CinGas El 48 68 A CCC&StL gen 48 '9: /| CCCastL rt 4% #7178 CCC&StL rf bs ‘63 D Clev Short L 43 Clev Un Ter 4%877_ Clev Un 5s'13 B. Clev Un Ter Ht-"le Columbia G & K deb ™ 58 ‘52 Aprit | Columbia G & B 5852 May Columbia G&E s '61. Conn R&L 4%s '51_._ Con Coal Ma 58'50 cfs gon Coal Md rf 5s ‘50 Con Gas N Y 5857 Con G N Y db5%s'e5 Consumers Pw s ‘52 Container deb Ciown C& S 6s Crown Will P 6s Cuba Nor RR 6%s "43 Cuba R R 1st 5862 Del & Hud ref 48°¢3 Del & Hud 5% s '37 Den & R G cn 48 '36_ Den& RG W 585 Den&RGW 55’65 asst Det Edison 4% D 111 Det Edison rf 10514 Det Edison 5s ‘62 1001 Det Riv Tun 4% 1114 Dul & Ir Rg 5837 107 48y, 8% 93 23% 7 64 110% 105'; 106t 1091 1091 111% 1113 107 107 9 96 99% 997 100% 97w 110% Fla EC Ry 6974 cfs. FtW&Den 1st5%8'61 FranSug 7%8°43 .. Gen Am Inv 68 °'63... Gen Cable 638 *47 = Gen Steel C 5148 '49... Gen Thea Kq 68 "40.. 108 108 104% 104% Goodrich 108 Goody'r T&R bs 104% Gotham Silk H 6 Gould Coup 6s 40 Gr Tr'k of Can 6s ‘36 103% 103% 106 104% GtNRgen4 GtNRgenbs'73C... 102% 102% 99% 99% 80 8 89 7% 42% 88!6 ggy’ > 111 C 18t ext 3%s El.. 111 Cent coll tr 48 '52_ 111 Cent col tr tNR ulf M Har Ry-P C 1st 4 89% lcast L NO &s 1 C8tL&NO6s’51 Inlagd Stl 4348’78 A. Inland Stl ¢ B IRT1st ret IntRT1st rt T 59% 60% 103% 103% 108% 106% 105% 106% 105% 105% 105% 894 “ 70 IntRT1s 33 14 IntRT 78’33 otfs.... 90 Int Ag col 58 Int Cement 5 Int Gt Nor 6 ‘63 int Gt Nor ad) Int HydYo EI 6 Int T&Tcv 4%8'30. Bt T&T4%e 02 . Int T&TE8'S6 Inv Eqb6s'48 B ww... James F&C48°3Y . Keith 68 ‘¢ % Kendall 5% ww_ lm 102% 102% Kings County Elev .. 102 102 102 Kings County Light -« 114 114 114 | Ore Sh Line 53 '46 lore W RR & N 4d'02 D. C, BONDS ON N. Y. STOCK EXCHANGE High. Low. 2:55. 20% 19% 1 105 104% 104% 6 68 69 66 69% 96 96 Lautaro Nitr 8s°64... Lorrillard 68 '61.eca. 6 0 L&N4¢%83008C___ M'Cro'yS5%e'41 filed McKess & R §%» ‘50 Manat! Sugar 7%8'42 ctfe stpd mod... Manhat R 48 '90 Manhat R ¢8°90 ctfs_ Market 8t R7 1040 & 101% 101% 101% 105% 105% 105% 101% 101 101 21% 21% 74 18% T1% 70% 107% 107% 107% ~ 106% 108% 106% 100% 100% 100% MStP&SSM cn 30 30 30 MStP&SSM en MStP&SSM b MStP&SSM 6% MilSpa & NW Mo 111 68 ‘59 MoK &T1st 4 MoK&T4és 62B ... Mo Pac 55 ‘81 l otts Mo Pac b%s 49 Monong Ry 18t 48 ‘60 Mont Pwr ref 68 43 Mont Pwr SR "62 A ___ Mont Tram 6s ‘41 Mor & Esx 3148 3000. Mor & Esx 4%8 55 Mor & Esx 55 ‘55 Muiray Bodv Mut Fuel Gas bs Nat Acme 6s 42 Nat Dairy 51,848 __ Nat Dis P C 438 '45.. Nat Steel 43 65 New E T&T 43%8 61 New E T&T 18t bs ‘62 New J P&L 4348 ‘60 New Or GNR 61 '83 A New Or PS5s'52 A . New Or P S 68 ‘65 B New Or Ter 1st 4s ‘53 N Y Cent 334597 _. N Y Cent 4s 43 N Y Cent con 48 ent rf 4 148 2018 1434820130 Cent ref 55 2013 7772127222227 NYNH&H4% NW NH&H ol tr NYNH&Hevé N Y O&W gen 4s ‘55 N Y O&W ref 4s N Y Putnam 4s'93 N Y Rys s 65 A B N Y Rys 6s'65 A!ld N Y Tel gen 4%s 39 NY Trap Rk 68'46 sty | Niag L&O P 58 55 Niag Sh 6%8'50 Norf So 1st ref b Norf&W 18t 45’96 _. North Am Ed4 Nor'n Nor'n Nor’i 'n Ple 0%! 2047_. 1 106‘6 29 111% | Ogden L C ¢s Ont Pw Niag b 108% 99% 105' Otis Steel 1 PacG & E 68 'e2 _ Pan-Am P C és'40ct_. Par-B'way 6348 '51 __ Param’t Pleture: s Penn Dixte C 68 41.. | Penn O & D 4%s 77.. Penn R R con 4s '48 Penn RR4%s D. Penn RR 4%8'84___ 1031 Peénin RR e6n (Bl 10 110t 107% 964 W 10514 106"-. 106% 1124 112% 1015 101% 1051 105 105% 106% 107% 86 86 94 94 1103 110t 99% 100 55% 56 % 39 39y 10115 1015 1075 107% .. 43881 Peo G Lt&C rf bs '47 Pere Marq 48" Pere Mara 1st 6s ‘56 Phila B&W 4s°'43. Phila Co68'67. . __ - Phila& RC&168'13 Phila& RC& 16849 Phillips Petr 6%s ‘39 Pillsbury F1 M 68 "+3. Philippine Ry 4s '37_ POC&StLs 4345 43 B_ Port Gen El 4348 '6 Port @ E 55 '35 assd. Postal Tel & C Pressed St1C PubSEI1&G 45" Pure Ol 4%s Purity Bak bs ‘4 9415 941 105% 1056% 105% 1055% 104 104 104 104k 108% 108% 31 81 B Rem-R 6% %47 A ww 104 . 104% Revere Co Richfleld O11 Richfield O RG W 1st ex in 48 '3) Rio G W dol 4549 A_ Rutland Can 4s 49 __ Rutland RR 41%8 "41_ St Jo Ry L T&P 63'31 6t L IM&S RAG 433 St L P&NW 63’48 __ StLRM&P 5855 + StL-SF uh'" StL-SF4%e'T8cfat 5% 5% oo sbre ool ,.‘”' 103 103 103 103 102% 103 - 102% 102% 102% nm 111% 111% 70 100% 100% 100% 107 107 107 96% 95% 96 So Colo Pwr 6847 AL So Bell T&T 58 '¢1aua So Pdo nf T J— 38% 38 38 107% 106% 106% m(u Aflm wlu lot\( lom lm 62 60 102% 101% wn 98 9Th 98 104% 1043 104% 108% 1084 103% 98% 98% Southw Bell T 6364 SundOlIN ¥ uu‘:l O1% 01% 91% lg% 101% 101% 57% BT Third A Il!flfill’“ Tol & Ohio C 3% s *60. Ulllll‘?l Un ui Plc 1st 4 2 112 ga paelange o1 1L 18 o Un Pao 15t 77 49 3008. 106 104% 1 Unit Drug 8883 . 90% Dnlt NJRR ‘:l_":i.- “K l&“ SR 204 804 | Toungta ¢ 'l'l 41 5 1161 | 14 | West'a Un ITALIAN FINANCE POLICIES WATCHE New Taxes, Internal Loan and Drawing of Gold _Reserves Cited. BY FRANK MACMILLEN, Associated Press Financial Writer. NEW YORK, October 10—To the general observation that Benito Mus- solini has a modern and efficient war machine in Africa, Wall Street ex- perts are adding that he has also created a streamline financial motor to turn the wheels. Financial men who, & few months ago, were saying that Italy “couldn't afford” a war, are faced with the fact that it can and has. Now they are asking themselves how long Il Duce can drive his jug- gernaut forward on the financial fuel he has available, which is admittedly limited. So far monetary fuel for the battle engine has been distilled internally through 4- 10 per cent tax on cor- porate dividends, a slight increase in the sales tax, a rp rise in the im- pasts on gasoline and petroleum prod- | ucts, and & tax on freight carried by trucks. Under a decree of the Council of Ministers on September 18 the Ital- ian public was offered a 5 per cent loan at a price of 95 per cent of par in exchange for the principal out- standing internal issue of 3> per cent bonds. The 3% per eent bonds | were to be taken in at 80 per cent of par, with 15 per cent added in cash. By this device it is expected that | some $750,000,000 can be raised with- | in the country. The problem of raising funds for purchase of needed materials abroad, while on & smaller monetary scale, has in some respects proven more acute than the internal financing. eign purchases have been shut off in most cases for several months. buy abroad Italy has had to draw on its gold reserve, which has declined some $170,000,000 since May to around $350,000,000. Itaty has like- wise commandeered foreign balances and securities of its nationals. The latest step in the ‘efforis to | reduce the necessity for foreign dis- bursements to & minimum and save exchange for war purposes is the plan | to exchange 5 per cent internal bonds for the $125,000,000 Italian foreign currency obligations, allowing for the Iatter their market value on December | 8, 1934, |Sugar Deliveries At 4,503,609 Tons In Eight Months B¥ the As¢ocinted Press. refinerles, reported to the A. A. A. to- day totdl sugar deliveries for domestic consumption during the first eight months of 1935 of 4,503,609 short tons | in terms of 96-degree sugar. The companies reported receipt of | 3,215,574 short tons of raw sugar from off-shore areas. Recelpts were: Prom Cuba, 1,345,553 short tons; | Hawafl, 696,040 short tons; Puerto Rico, 574.008 short tons; Philippines, 408,480 short tons; Virgin ‘Islands, | 2,534 short tons; continental sources, | 61,686 short tons: other countries, 36,- 413 short tons; miscellaneous, 496 short tons. [ Domestic beet factortes and cane refiners reported deliveries of 4,136,- LEAD PRICE REDUCED BY MAJOR COMPANIES By the Associated Press. NEW YORK, October 10.—The American Smelting & Refining Co. ! today reduced the price of lead .10 of | 8 cent a pound to 4.50 cents, New York. The St. Joseph Lead Co also an- | nounced a similar reduction which | brought its quotation to 455 cents New York and 4.35 cents a pound St. | Lou:s. TRANSUE & WILLIAMS REVEALS $50,697 NET By the Associated Press. NEW YORK, October 10.—Transue & Willlams Steel Forging Corp. re- ports net profit for nine months ended September 30 at $50,697, equil to 39 cents a share of capital stock. This compares with net loss of $57,154 in like period last year. FOREIGN MARKETS. | By the Associated Press. P N.—The final detail el nyenients occupled mos in the forenoon on e mm‘?‘ ‘m ll shares et closed firm. week tlon unn tment D indua!rlll ‘and_ intern ALso hizhtr ‘The market clot il ening-of the Boe av !".ll absorbed. TH T at the light sales closing was Commercial credits for these for- |y '1‘05"“s Sixtéen companies, representing 22 | | steady. No. 046 short tons of 96-degree raw sugar. | 7 THURSDAY, OCTOBER 10, 1935. Renewed Demand Improves Dollar th Gold Units By '.l:l luuellm Press. , October 10.—Renewed dennnd for United States dollars and gold currencies caused a slight eas- ing of the British pound on the Toreign exchange market today. Dollars were wanted for trade pur- poses and also by continental traders. The dollar closed officially at 4.90 5-16 to the pound as compared with the overnight New York rate of 4.00%. The French franc closed unchanged at 74.44 to the pound. PARIS, October 10 (#).—Three per cent rentes, 75 francs 95 éentimes; 412 per cent rentes, 86.25. Exchangé on London, 74.40. dollar was quoted at 15.17%. The ‘Washington Produce . BUTTER—One-pound prints (92 score), 0: tub, 29; 1-poung prints (90 seore), ) tub, -pound prints (89 scon). ME‘K"!QLQM. 11820: veal. 16a17; lamb, 1 rr Joins, fresh. 2 frozen. lhllfl z')lnmund b LIVE STOCK—Hogs medium. 11.00 heavy. 5.00a8.00; pigs. 10.00; al0.60; lambs, 6.0Ua0.04. Prices by the United States Bureau of Acricuitural Economics EGGS—Market generally steady 5. standards. 1 cont Jomer Tollowing - decling in other Eastern markets; current receip! 20231; henner ftes. dverage. 31a3si fancy, laree. Government graded | and dated white eggs (Ineluding grading | And_ marketing costs): U 8 extras, larse. | 45 cents; U. 8 extres, medium, 35%; U.8 | "““"’é‘“fi&‘u{h&' Sarket firm at un: | changed prices. receiots continue very Light | and hardl cient 1o 1 ? fowls colored. h 20821 Le n 14a16: | roosters. 1 {P' ng chickens; Piymout Rocks, aver 132 ‘, 5: mixed Colors, 2021, Spring turkess: Youns 9 pounds and pounds M\fl D hens and young. nlll (l() ‘ Pair. Fruits and Vegetables. Sales In large lots by origind] receivers up to_ R APPLES Ng carlot arrivals: one broken and one unbroken cars on track. Bushels Sunplies libersl. demand slow. markes duil, Virginia Grimes, U. S, trcn minimim, minfmy ;234 meh minimu jorthwestern _Greenings, hens, | 14 | uinea fowls | Jonllhana U. 8. No. 21g-inch_minimt ugp. oaT 0 " Boni @ minimum, 50: 8pys. U, minimum 77 fnch minimum. 5 et mmn- 31 t Fomes U8 No. 1. 24 - \ 75285 Wealthvs Virginia on “extra fancy and fa féw. 5 Romes cnmmnman n(u Tancy aha fancy. 150 ls'flbf W, °2; carlof arrivals: nio cars fl?m" ek, demand val 50-pound sacks. 50; 3 s to HONEYDEWS—Nq clr broken and one unbrokef Supplies w\od$ % arrivals |hre" cars on_track rate demand siow. market standard crates. 2, PERSIAN MELONS—N6 earlot arr no cars on track. Supplie§ I‘chl dei 1L market steay s 4 i Nolon 5 és :u a1 l?z"k Y| SAT) Arrly| one broken car o THEE Subn?ln moderate: demand 104 Omtt ightly stronger. New TK. 2 chates. whahed, 6 dosen, 5, few higher: poorer lower. | 2 Lettuce Prices Steady. ETTUCE—Three California arrived: {hree broken and three unbroken cars track. Western stoek: Supblies maaem"f‘ demand light: market ey California. n Crates Iceberg type, 50, few 275 air condition. 300, very ent: demand | Tighi market stevay crates Bik Bosto soen, aieTn ONIO! n?l}d '\IDQ.» d" 75. a Arrive ang oH bk S S e Cte moderate: demand moder: 80-pound sacks _ Y 1, New York. 1.10a1.15: aho. Gregon. Whshinglon 30.pound _sacke vneng 8, d 1arye al ar . 1yais: ho cars demund slow: bushel baskets minimum, Shaition Penneyl- askers u-l'ul. u. s No.,}, -m ch mmlmum 1.0081.2 AS—One _California arrived: one broken and one unbroken cars on track. upplln light: demand nchl ady. " California. bushel hampe: Dhones. 30083 10: r POTATOES—N: on track. ~Suppli il erate: market stead: pound sacks Cobb) No. sacks Russet Burbank % h“EET POTATOES—No carlot arrivals: no cars on track. Supplies moderate: de- | mand light: market ll!lfl h:l h“.o:"!r!l. ets. Pflero' Rie"‘oflrl‘thfllg UTKED VPQETABLES—No cariot ar- rivals: one broken car on track. LIMA BEANS—Supplies u ht demand hl t: market steady. New York., bushel ek 2 ous 2% by sections. sup- market sa o1t et e b y. Hearby sections. hu:hel Daskcts, stees "Bai tre 1 KRA-—Suppli market steads. Rorth Carolion - B H —No carlot arrivi ‘huck nnnu ™ i {m demand 1 No. 11 -1 1.00: . No. 1. 1.00a !a-m 100-pound . No. 1, 1.758 cars on track supplies tes, 5. -ecnom lr‘cl re- steady. ATOES—] celnh&ucflflllh mpnxy!n. the mar carlot _arr ivale:, “one broken ca? on track: Supplles 1Ent: dee mand 1 Q mnket teady, ~Crates: Cali- fornia. 3.78: o, 2.00a% Sivanta. 140,°0 Oarrots Also Steads. CARROTS —No carlot arrivals: no cars on traek. lies light; demand light: market sieady. ~Colorado, Western mnm bunched. fair conditi 00: bushel bn uw'd. 758 AC -—dunpue- moderate: démand arket fl nnanuylvmll. hnlhl lll L8, P¥A kli cn"o -mvu“one!ifiokea and one un Bunpnu mhx ?mlnd light: New ushel Bartietta, 0. N aition Bosi 35! %1 i markes ; Penn- Loos128 & Wes: ’n(!l" o ncamn 10 lrlde 'B8_—Three -lmmm -m cnr unlolded, one car diverted; ken and two ‘unbroken cart PARIS BANK CHANGES. rodo ln—'nn weekly ‘.‘msg ;r‘:r i Crances increased fon increased 930.- 9% 0’56 A 10“ 104% IOAW 112% 112% 112% - 85U 84% 107% 107% 107% 107% 107% 107% :é 81 81 | % 96K 96% " 104% 104% 104% 7% 10T% 107% 2 B ‘46 A 7 27- 27 s'46 Aas 261 204 26% '60. 7% 97 97 w Sh 18t 48 2361 West'n Md 18t 48" d 6%8 7 wm’muhm 4542 West'n Pag 'n Un b8 ° 9 g::’: Un 6% '36_.. 102% 102% 102% Wheel Steel 4% ll. lom 100% 101% wmu s u So" A uu 85 W Sp lll lltfi 35 et Wilkes BAE 1st 68'43 Younsia 887 Lo T6R. o Lo saTioies o sow 1!'& l! Eastern _stock: 1igl Riblers, 1. Two Onlifornia a Tous bioken broken cars on_track. fornia, Val- encias, 30088250 .eeordn srade and size. l. C. L. Express Arrivals. Te, 7 crates asparam Belaws 3-pound baskets mushrooms ;. Calll orth Carol % cabbags. § buthe ts peas; Pennsylvania, 60 3-poun Bighel” RRmme e beanss 3'1"-.1. waiercress unkiows orieine ] A ORANGI car diverted: First Mortgage Notes 60/0 Interest Secured on homes in the District of Columbis. DIRECTORY COIMODITY BROKERS By 2ot o e;.......__m Cnicare R Boara ot Trade . Boios 74 breken | Supplies | FINANCIAL. CLEARINGS CLIMB ON BROAD FRONT $5,025,048,000 Weekly To- tal Is 25 Per Cent Larger Than Year Ago. By the Associated Press. NEW YORK, Octobér 10.—Bank clearings continue well above those reported at this time in recent years. ‘The total for the 22 leading cities in the United States for the week ended Wednesday, October 9, as reported by Dun & Bradstreet, Inc., was $5,025,~ 048,000, against $4,021,619,000 a year | ago an increase of 25 per cent. For the preceding week, the advance was 37.1 per eent. At New York City, clearings were $3,238,625,000, an in- crease of 28.7 per cent over the amount reported last year, while the aggregite for centérs outside of New York City of $1,786,423,000 was 18.7 per cent higher. The increasé was well distributed throughout the United States. It was | particularly large at a number of 3 | Western eenters. There was also quite a lfttle improvement in the South, | for which section a number of promi- nent cities have previousdly reported losses. At Pacific Coast points, clear- ings were again very heavy. | In addition to New York City, gains were lerge at Philadelphia, Pitts- For INVESTMENT 6% & new rnl BRADLEY, BEALL & HOWARD Phone NA. 0271. Southern Bldg. Established Over 35 Years trust Real Estate secarel i ing- MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 5% FIRST DEED OF TRUST ONLY GEORGEL BORGER Prospectus on INCORPORATED INVESTORS A Mutual Fund Invested in High-grade Common Stocks Mailed on Request WAGGAMAN , BRAWNER & Co. c/uc. N.W. 1700 Eye St Met. 3860 burgh, Chicago, Detroit, Cleveland, | Minneapolis, St. Louis, Louisville. New Orleans, San Francisco, Portland and Seattle. The total for the past week was below that for the week pre-| cedirg, which included the heavy | clearings for the first two days of | October, by $1,375,604,000. A year | ago for the same two weeks, the re- duction was $648,168,000. Figures at leading centers, showing | increases and decreases as compared with those of a year ago, are printed | herewith; also daily bank clearings for the year to date: (Totals in thousands.) Boston . mcdfl | Eincinnags jaltimo Assete Over One Millien Dellers Delicious. com- ‘K-mm city N!w York - Total all $5.025.048 Average Daily. October to dste __ September ___ Aueust | | 8econ Firel Quarier NEW YORK BAR SILVER. NEW YORK, October 10 (#).—Bar silver steady and unchanged at 65% | MONTREAL SILVER. MTREAL. Octobes 10 P —Silyer tu- tutes oLeHA O it Maren 84 bob: May. a7 865 b i 000 MORTG A G E Experienced Builder requires a large tract for d e v elopment purposes Will be pro‘per!y financed Prefer District of Colum- big, - but consider nearby Maryland. Ad- dress Box 291-H, Star Office. will Lo AN AN INVESTMENT THAT IS SOUND You won’t make any mistake in- vesting in our FIRST MORTGAGES —for they yield what you ex- Pect of an investment—fixed lib- eral interest. And the principal is amply secured. Over Forty Years of Fiest Mortgage Experience Investments $250 up. Members New York Members Washington Membders Membders Chicaoo Memders Chicago Me Astociate Memders New Available Commodity Ezxchance, Board of in amounts from B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N.W. Stock Exchange Stock Eachanee Inc. Trade reantile Ezchange York Curd Exchange 719 Fifteenth Street WASHINGTON Metropolitan 3116 DIRECT PRITATE WIRE, @ to our correspondents in NE! NEW YORK BALTIMORE LONG TERM Mortgage Loans to each of our o YOR, WILKES-BARRE 5% Monthly Payments of $6.60 on each $1,000 borrowed, include interest and pey off loan in 20 years. o Interest charged only on unpaid balance of principal. ® Amount lo-ned—up t060% of appraised vals ue. © Valusble prepayment privi- leges. Othver pians of financing firet morigage loans avaifable H. L. RUST 1001 Fifteensh 8¢ COMPANY NAtional 8100