Evening Star Newspaper, October 11, 1935, Page 17

WASHINGTON, D THE EVENING STAR, NGTON, D. U, FRIDAY, OCTOBER 1f, 1935. oor A—37 “‘——_———_———_——m SPECIALTIES LEAD ADVANCE ON CURB .z Rise One to Three Points. |4 Utilities and Qils Run Into Profit Taking. By the Associated Press. NEW YORK, October 11.—A group of inactive specialties with advances of 1 to 3 points attracted most atten- tion on the Curb market today. A tinge of irregularity developed among utilities during the late trans- actions after this group had displayed steadiness during the forenoon. Oll shares likewise ran into modest profit taking, which carried active shares down from the day’s high, but the undertone remained steady. Trading was active. Gainers of 1 to 3 points included Aluminum Co., Great Atlantic & Pa- cific, Bell Telephone of Canada, Gen- eral Tire & Rubber, Great Northern Paper, Humble Oil, Pan-American Airways, Pittsburgh Plate Glass, Swift Internacional and National Container. American Gas and Electric Bond & Bhare each was unchanged at the be- ginning of the final hour, after mak- ing fractional improvement during the forenoon. Gulf Oil lost 3% of a point at 64, after selling !¢ higher at | 65 earlier. BONDS ON THE CURB MARKET. DOMESTIC BONDS. High. Alabam Pw 4155 Alabama Por Ame Roll Mill 5 Am_ Seating 6s_'J Appsich Pow 35 Arka L5 A% T 50d8 A T 5'as C 40 Cud Emp O & R Federal ‘Wt 3135 . Firestone C M os Florida P&L Gattgeau Pw 65 Gatineau P 6s B By private wire direct to The Star. a Dividend Rate, Add 00 Xigh. Low. Cloge. ig AlrInvevpf .- 2 Ala Pwr pt (7) ... 808 7213 72 Alliance Invest 1 1% % Allied Intl Inv. 1 L Aliled Mllllllzficl 18 Alurn’'n Coof Am 16008 78% 7o6% Alum'n pf (13%)_. 508103 103 103 Am Beverage _ 8 3% 8% Am Citles P&L B 3% Am Cynam(40c)B 60 24% Am&For Pw war 2 3% Am Fork&Hoe 60¢c 250! 16% Am Founders # Am Founders 18t pf (B).- ccue. 508 Am Founders 1stpf D..____.. 758 Am Gas&E (1.40). 5 Am G&E pf (6).. 2258106 Am Hard Rubber. 300s 21% Am Laundry(40¢) 100s 19% Am Lt&Tr (1.20). 211 )g% 40 40 40 33% 34% 105% 106 21% 19% 12% 9 # 27% Am Superpower.. 2 Am Superpw pf _. Amster Trad ad3e. Angostura (120c). Arcturus Radio T. Ark Nat G . Ark Nat Gas A Ark NatGascupf 3 Art Met W (40c) .. | Asso E 1 (p213sc). |AssoG & ki ... Ass0G & K (A Ass0 G&E §5 pf__ | Asso Invest (80¢) 100s 3 AUl Coast Fisher 10 Atlas Corp (a30e) 50 Atlas Corp war 10 Atlas Cor pf A (3) 1 Atlas Plywood.... 2 Auto Voting Machine (t50¢). Ax-Fisher(3.20)A. Babcock&W (40¢c) Bellanca Atrcraft Bell Tel of Can(6) ? Bles Co (B W) __. Blue Ridge Corp__. Blue Ridge pf (3). Blumenthal § . | Bower Roll B a)- Brazil Tr L&P Bridgeport Mach. Brill Corp A Brown Co pf BuE N & E P p! (1.60) Buffalo Niag & Eastp 1st pf(5) 1008100'; 100'; 1003 Bunker Hill&Sul. 5255 46% 46 46 Butler Bros _ 6% Can Indus Alco A. T | Can Marconm | Carib Syndicate__ Carnation Co (1).. Carrier Corp | Catalin Corp Celanese pf (7) Celanese 1st pf(7) 508 108 Celluloid Corp .. 2 Celluloid Corp pt. 2258 25 | Cent Hudson G & K ctfs (80c) . ! c-m P&L 15 4 40s 25s 13 5t v 9 111 111 107% 107% : 35 1% 1 Cent States Eiec_. | Cent States Elec cv pf (new) | Cent St E16% pf. Central Sta Electric Centrif Pipe (40c) Chi Riv&M (14%) 8 8 14% o 24 15 Cities Service pf_. Citles Service Pw&Lt $7 pf __ City Auto St(60¢) Claude Neon Lts_. Clev Tractor_____ Club Aluminum__ Colon O1l Colts Pat F A 1% 2008 | Columbia Gas & Eleccv pt (5) .. 1"5. Com'wlth Ed (4 | Com*with&s wa: | Como Min: | Compo Shoe +| Machs.te.(50¢) i34 1047 10 10 08T 108, 1013 1011 101 0 TN 70 Iowa Pb Si e 100141 Jers CP&L 4125 C 10132 101 A xington Ut ibby McN& P &L 3t McCord Rad 0 10414 o4rs 04t 04 10014 100 100%s D 8a% 80l 89l 1011310115 1010 9 $hi2 1853 5 103 108 104 104 04 931y 8 10413 1043, 100 ‘100 13215 1 10885 108 STy K47y 80 &0 1 it =0 I 2288 '1».1‘,1. e Vi ¥ 101101 5115 s :su 10432 1040 104 104104 1104 Yo 983, 983 @ 55 > >R e 2. oate sl t2z22 - 104 1040 104% e . 2 1047 2% o) lllfl'. l(‘fi‘q IM‘ 103% 103% 103%¢ M\D‘.' 407 40T o S S {1 = «'n adu 40 = 01 SN 4 4 Balto (3.60) + | Cooper Bess pf A. ¢ | Ferro Enam(80c). ¢ | Godchaux Sug(B) 13 | Hartman Tob Consol Afrcraft._. Cons Copper. - | Consol Gas of Cons Retail Stores | 8% pf ww 30s ComG&E Prpfi7) 1758 Cooper Bessemer_. 3 1 15 21 5 TN 5la 2415 4 31y | Cord Corp Corroon & Reyn . Corroon & Rpf A 43 | Crane & Co ¥ 164 Crage Co pf (33)..100s112 Creole Petroleum. 36 22y | Crocker Wheeler. 6 % Croft Brewing .. 3 Crown Cent Petr._. Crown Cork Intl A (350c) . Cuban Tob vte Cueno Press(1.20) | Cusi-Mexicana A | Darby Petr (50¢).- | Det Gray Iron & Foundry (b10¢) Dictograph Prod.. Distill Corp Ltd (a74 2-5¢) .- Distillers C-Seag: Distilled Liquors. | Doehler Die Cast. Dow Chemical (2) Duke Power (3)_. Duval Tex Sulph. Eagle Pitcher Ld Eastn G&F Asso_. 10 | Eastn States Pw. 1 | Eastn Sta Pw (B) 508 | Easy Wash Mch B (a37z¢). 2 Eisler Elec Corp 6 Elec Bond&Share 279 Elec Bd&sh pt (5) | Elec BA&Sh of (6) El Pwr Associates El Pwr Assoc (A). Elec Pw&Lt 24 pf A 5 110 112 21% 22 T % 1 1 5 39 l'a e 104 | T 2 9 4 1 1 6 1 25 1 1 GO' 13 1 lu 1508 62 30 10% 5 1 - 221 11 E 247y 3 100': 100y 61% 62 10 100 | Elec Sharehld'g prfws (313%). Equity Corp_. Ex-Cell-O A&Tool | Fairchild Aviat'n. Fanny F C (50c) Fedders Mfga2se. 1 11 2 Fire As Phila (2). 50s 7. | Fisk Rubber _. 5 Fisk Rub pf (6).. 100s 5 Flintkote (1) A__ 6 2 Fla P&L pf _ 508 47 {Ford MCanA1%. 2 2 | Ford Mot (Can) B(4) _ _____ 508 Ford Mot Lta (al%%) ... § Gen Alloys... _... 11 Gen Fireproofing.. 1 Gen Invest Corp.. 2 Gen Pub Svepf... 70s Gen Tire & Rub _. 2508 Georgia Pw pr(6) 25s Glen AldenC (t1) 1 | Globe Under (50¢) 47 8% 2% Goldfield Consol... Gorham vtc ext « Great Atl & Pac Tea n-v (16) ... 208128 Great Northern Paper (1) .. __.150s 2: Greenfield T&D__ 7 Gulf Ofl of Pa 0 Hall Lamp (al0e) 1 1 24 Hacia Min (a10e) ' Helena Rubenstn 1 Heyden Chem(t1) 1 ’ Hollinger G(t65¢) ll Holly Sugar s’ | Horn&Hard (1. “)100‘ | Hudson 26 25 Humble Oil (1) __ ™| e | Pf A (2.20)2508 73 | Unit Lt&Pwpt __ INEW YORK CURB MARKET Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Kirby Pet (a20e).. 1 2% 2% 2% Kreuger(G)Brew. 1 111 11% 11% u Shore M(12) 4 457aR45's 45% ey Fy & Mch_. 2% 24 2w Lomxb C&N(50¢) 6 6% rd Oi1 Lone Star Gas 30¢ Long Island Light Long Island Light of A (T) Loudon Packing new (150c). Louisiana L&EX .. McCord Rad (B) . MeW1ll Dredg(12)1010848's Maryl'd Casualty. 2! Massey-Harris. Mayflower As (2) Mead John (13).--. Mesabi iron. Mercantile Store Mex-Ohio Oil Middle States Petrol vic B _... Middle W Ut (d).. Mid West Util conv pf A (d). 3% 3% Midland Stl Prod. 17% 17% Miss Rv Pw pf(6) 105105 105% 105% Mohawk Hudson 1st pf (4) .150s 82 81 81 Mohawk H 2d pf. 3258 39' 37 39% Molybdenum 31 13% 13 13% Mount Prod (60c) 3 4% 4N 4 Mount State Tel & Tel (8) 10s128 128 128 1 1% 1y 40 40 23 23 1% 1% 1 1 4 T4 ‘\al Container (2) 50! Nat Investor Nat Leather Nat P&L pf ( Nat Rubber Mach | Nat Sugar NJ(2) New Brad O (20¢) N J Zine (2). Newm Min (a1)_ N Y P&L pf (7)... 10! 100 N Y Telptf (6%)-. 7u| 118% Niag Hud Pw 8% Niag Sh Md B Niles-Bem-Pond. Noma Elec Cor North Am L&®P Nor Am L&P p: Nor Am Uti! Se Northern States Power (A Northwest Eng. Novadel Ag (2) Ohio Edis pt (§ Outboard Mot B__ Pacific Eastern__. PacificG& B Istpf (14).__. 1 29y 29 Pac Light'z pf (6) 1008104 104 | Pan-Am Air (1) .. 3 40y 40 | Pac Tin spec (a2). anl 36's 35% Pantepec Oil __ 33 3%, | Parke Davis (+1) a Parker Rust (13)_ 525 Pennroad Corp 28 2% Penn P&L pf (6).. 98 98 Penn P&L pf (7).. BUnlDG‘) 106‘; lflfi!, Penn W&P (3).___ | Pepperell Mfg (3) ROI Perfect Circle (2) 1008 Phoenix Secur. 6 Phoenix pf (3) Pie Bakeries(§ | Pines Winterfront | Ploneer Gold Mines | Ltd (80¢) | Pitney Bo F (20¢) Pitts Forge Pitts& L E (2%)_ Pitts Plate G(1z). | Potrero Sugar Powdrell & Alex | (a2se) | Pratt & Lamb (1) | Premier Gold t12¢ Propper McCall'm Puget Sound Pw & Lt $5 pr_ Puget Sound Pw & Lt3$6pf __. __ 4258 16! Pyrene Mfg(a20c) 6 5% QuakerOats pf(6) 10s ll3 143 Rainbow Lum (A) 1 Rwy&Lt Secur... lO(‘A 14‘- | Reiter-Foster Reeves Dan (50¢). Reltable Stores .. Reynolds [nvest.. Richmond Rad_ .. Root Petrolmeum. Royal Typewriter Ruberold Co (1) Russeks Fifth Av St Regis Paper. St Regiy Paper pf 1201 Scovill Mfg (1) .. Secur Corp Gen .. Seeman Br (1234) Segal Lock & H__. Selected Irdus___. Selec Industries aliot ctfs (33%) 3508 | Selec Ind pr (3% ) 100s | Seton Leather 3 Shattuck Den Min 1 Shaw W&P (50c). i Shenandoah . . | Sher-Wilms ( 1116% 116% lls&. | - 108287 287 287 9 524 49% 5% 25 2% 2% 2% 5 4% 25% 24% 28% 284 264 2% 100 118% 1184 813 8% i 4 7 29% 104 4014 3644 313 43 53 66% 2 4 3 -4 34 1 1% 'z 3T 3T 158 5% 143 10 4008 2 16 | Sonotone Corp. ... Scuth Am Gold & Plat (40c). Sou Penn Oil 1.40. Southn Calif Ed DfB (1%) | Southn Calif Edis | PIC (1%) | Southn Colo Pw A | South’n Nat G (4) Sleh&Gen rets | Square Deal Co 269 5 s 25% 26% 2 | Square Deal (B)._ | Stand Brewing __ Stand Oil Ky (11) \ Stand Oil Nebr.__. | Stand O1l Ohio.. 5 10 Stand Silver & Starrett Cp pf(d) Stetson (J B) Stutz Motor __ Sullivan Machine. | Sunray Of1__ | Sunshine Min 1.60 Swift Intl (2) Taggart Corp Tampa Elec(2.34). Technicolor Inc ‘Teck Hughes(40c) Texas Gult Prod.. Texon O&Ld (60c) Tob Prod Ex(10¢) Trans-Lux Deylite’ Pic Sp (20c) ... Tri-Contl C war__ Tubize Chatillion. Tubize Chatil A__. Tung-Sol Lamp._ Tung-Sol L pf (3) | acute in a number of lines. | exceeded last year's total. | brightened hopes for a continuation |of the recovery movement in the GAINS CONTINUE IN RETAIL TRADE Sales Up 5 to 15 Per Cent for Week as Result of Ideal Weather. By the Associated Press. NEW YORK, October 11.—Con- tinued improvement in retail distri- bution, aided by favorable weather and the freer spending mood of con- sumers was cited today by Dun & Bradstreet, Inc., as the feature of the week’s trade. “With ideal shopping weather pre- vailing in most districts, retail sales rose as much as 5 to 15 per cent for the week, but the spread over the 1934 comparative has started to narrow, due to the rising trend at that time,” the survey said. “This held the estimated range of increase for the country as a whole down to 6 to 12 per cent over the totals for the same week last year. “Following the sharp expansion of consumer buying over the week end, reorders to wholesalers were the heav- iest for the season, with women's coats, fur garments, children’s dresses and men’s clothing chiefly specified. “There was & steady flow of busi- ness from rural districts, with the size of the individual orders increased and fill-in requests for staples more fre- quent. Covering of future needs made wider strides as additional price in- creases were announced. ““In fact, the placing of advance commitments featured buying in most markets, as delivery delays became “Buying of Christmas goods pro- ceeded at a better rate, and orders thus far placed for greeting cards, gift items, jewelry, silverware, furni- ture and electrical appliances have | “Numerous -announcements of plant improvement progress have heavy goods industry. Spurt in Chrysler Shares Stirs Talk Of Dividend Raise By the Associated Press. NEW YORK, October 11.—A rise in the price of Chrysler Corp. shares of more than $3 to a new high since 1929 at $76.25 a share on the New York Stock Exchange was ac- companied yesterday by conjecture in brokerage circles as to whether directors may not increase the divi- dent rate at their meeting slated for October 22. ‘While comment was lacking from officers of the company security ana- lysts pointed out that the present rate of dividends, amounting to 25 cents regular and 25 cents extra quarterly, is substantially under the recent rate of earnings. Earnings for the first half amounted to $4.31 a share. Motor companies usually make muck' of their profit in the first half, but the aggregate for the year is expected to be well above the present rate. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Alm Chaimers Co. 55 1937, Amer. Beel Sugar 65 1940__ Am. Tel & Tel. 528 1041 Afaptie Refring 8 10 Bethlehem Steel 53 19:3 Galiforniu Packing 55 19 Ehi” Norhwest. iovs 10 Delaware Hudson 5l3s 1037 Den. & Rio Gr. 9‘] 19 s erner Bml flw 1 W West. N. Y RUBBER FUTURES. NEW YORK, October 11 (. — Crude rubber futures Dvenrd firm 14 to 1K ki De:'mber 12.66a | G(. b— Bl NEW LOANS SAG AT LAND BANKS Drop to $33,000,000 Com- pared to $125,000,000 for Two Months of 1934, By the Associated Press. ‘The Agriculture Department re- ported today that new Federal land bank loans in July and August had dropped to $33,000,000, compared with $125,000,000 for the same months last year. ‘The loans in July this year were $14,000,000 and in August $19,000,000. Land bank commissioner loans were $11,000,000 for July and $13,000,000 for August, compared with $52,000,000 and $47,000,000, respectively, for July and August, 1934. Loans by Federal intermediate credit banks in June totaled $30,000,000 and in July $28,000,000, compared with totals of $35,000,000 and $31,000,000 for the corresponding months of 1934. New loans by regional agricultural credit corporations for June and July this year totaled $11,000,000, compared with $15,000,000 during the same two months in 1934. Production credit associations lent $15,000,000 in June and $14,000,000 in July, while the loans last year were | $11,000,000 for June and $13,000,000 | for July. Emergency crop loans in June and July were $4,000,000, compared with $3,000,000 for the same period last year, while all loans for co-operatives during the two months this year were $6,000,000, compared with $16,000,000 a year ago. DIVIDEND IS ORDERED. NEW YORK, October 11 (Special). —The board of directors of Quarterly Income Shares, Inc, announces the declaration of a distribution of 3 cents per share to holders of record October 15, 1935, for the quarter ending on that date, payable November 1, 1935. Advertising Spurs Razor Blade Sales Of Leading Firms Special Dispatch to The Star. NEW YORK, October 11.—In re- sponse to improved consumer pur- chasing power and further recapture of business lost to cheaper products during acute depression years sales of the two leading razor blade manu- facturers this year will exceed those of 1934 by a considerable margin, says the Standard Statistics Co. of New York currently. Gillette's extensive advertising re- sulted in heavier blade shipments during the early months of the cur- rent year, which have since been well maintained. Sales of American Safety Razor have gained further in reflection of the company’s wide dis- tribution of razors last year through & special sales offer. The competitive situation is still & major problem of the razor blade Industry, but the strong trade posi- tion of the two leading units and their ability to advertise extensively indicate that they will continue to obtain the major share of available business. — s NEW YORK BANK STOCKS| NEW YORK. October 11 (P.—Over-the- | counter market, bank and trust companies. Bid. Asked. Bank of Manhattan 4l 203 Chase City Sommercial - First National Public - Bankers’ Brooklyn Trust Central Hanove: Chemical Continental _ Corn Exchange Empire __ Guaranty Trvi; Lawyers™ County Manufacturers’ New York Trust Title Guaranty & MONEY MARKET. YORK. October 11 & money steady; s per cent all day. time loans steady. 60-80 days. 'a offered: 4-n Ya' offered: prime commercial | 21, Per cent: nankers. aceentances | ; rediscount Tate, New York Re- —Call 1'2 per cen CADILLAC presents THE 1936 SERIES OF AUTO PACE AIDS COLLINS, AIKMAN Advance in Furniture Sales Also Factor in Sharp Profits Increase. B the Associated Press. NEW YORK, October 11.—The sharp recovery in the automobile jn- dustry was given in Wall Street today as the prime reason for the wide gains reported in profits of Collins & Alk- man Corp. For the 26 weeks ended August 31, the company and subsidiaries reported net profit of $1,755,739, equal after preferred dividends, to $2.73 a share of common stock outstanding. Last year the company reported net loss of $28,986 for the 27 weeks ended Sepe tember 1, 1934. In Wall Street circles it was pointed out that the automobile industry ab- sorbs approximately 75 per cent of the company’s sales volume. Increased demand from the auto- mobile industry was not the only fac- tor in the profit increase, it was ex- plained. The advance in sales of | furniture also brought business to the company by stimulating the demand for upholstery and fabrics which are among the organization's products. FEDERAL LAND BANKS NEW YORK. October 11 (P .—Federal s of 2 O'Clock.) e Atked. NEW YORK BAR SILVER. NEW YORK, October 11 (#).—Bar silver steady, unchanged at 65%. This market will be closed tomorrow, Co- IN THE LOWEST PRICE RANGE SINCE THE DAYS OF THE SINGLE-CYLINDER CADILLAC Today, the 1936 series of the Royal Family of Motordom—a new La Salle, a new Cadillac, and a new. Cadillac-Fleetwood—are on exhibition at our showrooms. Revealing the greatest strides ever made by Cadillac in performance, comfort, safety, beauty and road- A FINER, FASTER AND SAFER % %/és]. ]. 75 La Salle again heads the style parade and sets the new vogue. And, within its price field, its leadership is just as decided in all other phases of motor car excellence. Its performance is delightful. Its comfort is superb. And it handles, in all ways, like the thoroughbred it Union Gas (Can) (aibe).__ . Unit Corp war____ 243, | Unit Founder, Unit Gas Corp. Unit Gas Cor war. Unit G&E pf (7).. 20s Uait Li&Pw (A).. 18 Unit Lt&PwB__.. 1 29 Unit Molasses Ltd (a8¥c). TUnit Shoe M '3‘4 975' Unit Shoe Mach P (1%) 208 39 U S Dairy (A)__.. U S Elec Pw ww__ U S Foll (B) (60e) Unit Stores vtc Utd Verde Ex £2 United Wall Paper 35 2% Univ Prod (a80c). 510. 21 Utah Apex Utah P&L pf 31% 550! 12!1 Utiliues P&L _ Utilities P&L pf._. 60- Utility Equities.. Utility & indus pt Venezuela Petroi_ Vogt Mfg Co (1)_. Waiker (Hiram)._. | Westn Atr Expin) Wilson Jones 13 Woodley Pet (40c) Wright Harg te0e Min & Sm(a50¢) Hygrade Syl (2).. 75s coupon (t50e) .. Imp TobGB&I Q0771100 . 10 Insurance Co of System Intl Mining (60e)- int] Mining war._ Int Petrolm(t1%) Jonas & Nau... ’. 22 sed 39N 33N 1 1% 1w sl , T others in cents): Grent Britatn F s R A Basti. There are four body styles—a Coupe; a Convertible Coupe; a Two-door Touring Sedan; and a Five-Passenger Touring Sedan, AN ENTIRELY NEW AND FINER %fldm‘ ]. 645 For years, there has been a growing demand for a personalized Cadillac—smaller, more compact, quicker, faster and easier to handle. The new Cadillac V-8, Series 60, is the answer to that demand. We state, without reservation, that no other car in America is so fasci- nating to drive. Its speed is whatever you desire. Its balance on the road is unsurpassed. And its general comfort is a constant delight. AN EVEN MORE LUXURIOUS ; CADILLAC twood *2445 This year, the Cadillac-Fleetwood cars are presented in three series —the V-8, the V.12, and the V-16. There are innumerable body styles—all designed and executed with the beauty and artistry for which Fleetwood is world renowned. In all phases of their excellence, the new Cadillac-Fleetwoods are beyond comparison. They mark the closest approach to perfection in the history of the motor car. CAPITOL CADILLAC COMPANY F. D. AKERS, President 1222 22nd ST. N.W. ‘. ability—they also offer the pleasant surprise of startlingly lower prices. In fact, prices start at the lowest point since the days of the single-cylinder Cadillac. You are cordially invited to see and inspect these magnificent new cars. They are certain to prove a revelation. Codilioc-Flestoeod V.8 Seven Passengsr Towring Sedan, §2795 Prices list at Detroit, and subject to change without notice. Special equipment extrs. Easy G.M.A.C. Terms. Every model a General Motors Value. | AERO AUTO CO., INC. WARFIELD CHEVROLET SALES Rockville, Md. NATIONAL 3300 4