Evening Star Newspaper, October 14, 1935, Page 18

A—I18 xkxx 1. BONDS GAIN, GORPORATESMIXED Early Irregularity Continues as Government Issues Extend Advance. BOND AVERAG ES Rl tnttas. 1, Pora Net change. —.1 Unc. +.4 Today, 1 pm. 80.7 99.8 979 68.2 Prev. day.._ 80.8 99.8 97.7 61.8 Month ago- aaz 99.3 98.3 68.3 Year ago-. 3.8 86.9 67.2 1935 high. 99.8 1935 10W-... 922 1934 high... 894 929 .5 73.7 400 98.9 1029 1005 10 Low-Yield Bonds. 1 pm. 109.4 Prev. day- 109.4 Month ago 110.0 Year ago. 107.1 1935 high 110.7 1935 low.. 107.9 1934 high 108.3 1934low.. 99.1 1928 high 1044 1932low.. 86.8 (Complled by the Assoclated Press.) By the Associated Press. NEW YORK, October 14—The bond market retained most of its earlier irregularity during late trads ing today, with an extension of ad- vances among Government issues up to 1% of a point the principal feature. Three issues of Treasury bonds ad- vanced 7-32 under fairly heavy de- mand and most of the other active issues, along with guaranteed obliga- tions, did almost as well. Elsewhere] the trend was decidedly mixed, with | most of the low-priced railroad issues, | including St. Paul 5s, Erie 5s and Missouri Pacific 55 a trifie lower. Industrials and utilities were mostly higher. An advance of 13 points in German (Dawes) 7s to 39% was & feature of the foreign department, where higher prices were generally the rule. Chicago Grain By the Associated Press. CHICAGO, October 14 —Tumbles of | wheat prices formed the rule today from start to finish. First peeps of peace suggestions from Italy had a bearish market ef- fect. Beneficial rains in Argentina added impetus to declines. Wheat closed weak, 1%a23% under Friday's finish, 1.02'sa%; cdrn, 1ga%s off; December, 597,a60; oats, l:a% off, and pro- visions showing 5 to 15 cents setback. pOVHEAT— Ogen. High. Low. Close, cents | 18.00 Chicago Cash Market, 3 48 1944-54 4%s-3%81943-45 10421 10411 10421 4 4148194752 2% 1942-47____ 381947 ... 101 381949 3% s 1964 2% 1939-49 351953 Antioquia 7s "45 B... Antwerp 6s '68 Argentine 51s 62__. Argentine 6557 A___ | Chile 6s { Chi December, | Chyle Mtg Bk 6561 | Chile Mtg Bk 6562 - Chile Mtg Bk 618’57 | Chilean Mun L 7560 Colombia 65 61 Oct _ Copenhagen 4% Copenhagen 6s ‘52 . Cordoba | Cuba 6348’53 Czechoslovakia 8s '51 Czechoslovakia 8s '52 FINANCIAL, lypduhwln‘!ndbm!m Apprulmah '.l‘nn-ctluu ‘Today. U. 8. Gov't Bonds.__.. $2,050,000 Foreign Bonds 1,370,000 Domestic Bon 6,300,000 TREASURY. High. Low. Close. 2% ®1945-47__. 10015 1008 10015 2%81966-60.. $931 9922 9931 38 1946-48 . 1029 1022 1029 35 1951-65 - — e 10221 10213 10221 3348 1946-49__. 1037 1033 1037 318 1949-62.. 10231 10223 10231 3%81941____.__ 10713 1079 10713 S14m 1944-46 3 -. 10414 1047 10414 944-46reg 1042 1042 1042 940-43 June 106 23 10621 10623 941-43 Mar 10629 10624 10629 1943-47.__. 10520 10520 10520 110 10928 110 8-3% 5 43-45rg 1047 1047 1047 11410 1145 11410 FEDERAL FARM MORTGAGE. 9916 9916 9916 101 101 —mmemee. 10016 10010 10016 1022 1022 1022 HOME OWNERS’ LOAN. 998 99 998 10016 1008 10015 FOREIGN BONDS. . Low. Close. 31% 814 5215 521 93% by K 977% 9215 9614 96% 6% Abitibl Pa&Pw 6s ‘53 Adriatic E1 7s'52._. Akershus 5s ‘63 Antioquia 7s'45 A... Argentine 6 Argentine 6s Argentine 62 '60 Sept Argentine 6s 60 Oct Argentine 6s ‘61 Febr Argentine 6s ‘61 May Australla 48 °56___ Australia 6s '55_____. Australia 6857 _____. Austrian 7s ‘57 Bavaria S 648 '45.. Belgium 6s ‘65 Belgium 634s *49 Belgium 7s ‘65 Belgium 78 ‘66 Bergen City 55 '60___ Berlin 6s°'58 Berlin 614860 Berlin Elec 6% '51.. Bolivia 7s ‘58 __. Bolivia 7s ‘69 Bolivia 8347 Brazil 6%s "26- ¢ Brazil 615s 27~ Brazil 8s 41 Bremen St 7s '35 Canada 4s 60 Canada 4%s 36 Canada 5s '52 Chile 65 '60 Chile 6s ‘61 Jan Chile 6s 61 Febr. Chile 6s ‘61 Sept._. 63 s ile 7s 53 *42 Prv Denmark 41s '62 Deu Bk 6s '35 ct stpd Dominic 1st 516s '40 Dominic 1st 5155 "42 Dominic 2d 5%s 40 Elec Pw Ger 6%s 50 Estonia is 67 Finland 6s 45 Finland 6%s ‘56 Frankfort 6145 '5: French Gov 7s'49 _ Cash wheat, No. 3 red tough, 1.04};; | Ger C Bk A 6s'60 Oct No. 2 hard tough, 1.18; No. 2 hard, | 1.23a1.23%; No. 3 hard tough, 1.18; | No. 3 mixed. 1.10a1.13; No. 5 mixed,‘ 853;a89';; corn, No. 2 mixed, 87%:; No. 1 yellow, 87}2; No. 2 yellow, 87 sample grade, old, 80a81; new, 60a62; oats, No. 2, white, 32a32!2; No. 3 white, 273;a31; sample grade, 24a25; no rye; buckwheat, No. 2, 1.12al.15 soy beans, No. 2 yellow, 15 cars re ported, 71 net country station; barley, | actual sales, 56a63; feed nominal, 30a48; malting nominal, 48a73; timo- | thy, 2.50a2.80 hundredweight; clover | seed, 11.50a16.25 hundredweight. Liverpool Grain Prices, LIVERPOOL. October 14 u#).—Wheat futures closed easy. h. Lo Eigh- Loy a3 89% October Baltimore Quotations. ober 14 (#)—Wheat garlicky, spot do- mestic, 1500; October. NEW YORK BANK STOCKS NEW YORK. October 14 (#.—New York Security Dealers” Association: (Quotations as of 2 o'clock.) 1655 1005 50 0 8 Including extr §—Declared of paid so far this year. Al S e e T. S. TREASURY POSITION. By the Assoctated Press. ‘The position of the Treasury on October 1 Receipts. $61.565,774.90: ex- gendllure! $85.009.362 06: baiance. $1.- asy ; (customs recelpts for the fiscal vear (since July 1) sl we SM am 10; expendnures. 7398 Gnluding = 101760 20023 of ‘emergency expenditures); excess ot expendlmes $986.757.057 . Gross $20:493.041.600. ?rx‘y s gelcrened of er ‘the Dprevious day. &oid asvets. 30475554 1 77 Receipts for October 1%. 1934 (col parable date last yean). 186051687 et ont Receipts for “the fiscal year. st 031.03: expenditures. | $1.700.6: including ~$674.178.002.42 o expenditures: excess of emnd"\lEeL safi By the Associated Press. <oiDiscussions of sanctions re- ulation on oc! but. faif Investment buying trials. home rails an metal ll.lun co! favored while gold t of an early gain and silt-edg: The market closed irreg- ARIS.—Trading was irregular on the Bourse today but showed a fair nllnlnu as financial circles kept & r.lnf!ll € e on the internstional sluuuon Ren end industrial rreguiatly while | in- CRUDE OIL PRICES. B oy, g - a: Oklehoma-Arkansas’— Gra: scale to 1.08. North and_ North Texas— S g 'refi Pa) mm—onv scales to su !om-Allenn!) ;1 rade I § !n hnkfib&“‘:‘l 52; .&HIIIL . Saxon Pb W 614851 Saxon Pb W 78°45 Serbs 8s 62 unm ¢ on Slemens & H 6%= ‘51 Stlesia Prov 7s 68 __ Sydney 6%s ‘55 ‘Toho El Pw 78 ‘55 ‘Tokio 5%s ‘61 Tokio E] Lt 6s Ger Prov & City Bk con AR 6%s'58 ___ | Ger Gen El 6548 Ger Gen EI 615 '40. Ger Gen E1 7s 45 Ger Gov 5348 '65.. Ger Rep 7849 Grt Br & Ir 5%s'37 Grt Br& Ir 4s°90 Grt C El Jap 6%s ‘50 rt C El Jap 7s 44 Hait) 65 52 Helsingfors 6%s '60 Hung L M 7%s'61 A_ Iiseder Steel 6s 48 _ italy 78 51 ItalCrd P W 7s'47 B Ital PUCrd 7s'52 .. Japan 51.s 65 Japan 6% ‘54 | Karstadt 6s '43 ct stp Kreu&Toll 6s'59A cfs Lombard El 7s '52 Mex 45’54 asst Mex sf 5545 asst. Milan 6%s '52 Minas Gers 615 '59 Sept coupon off__. Montecatint 7s "37 New So Wales 5s ‘57 New So Wales 6s 58 Nor Ger Lloyd 6s '47. Norway 5’63 _ Norway 6%s 65 Norway 6543 Norway 6s ‘44 | Norwayv 6s 52 _ Norw Hy El 6%s 57 Ortental Dev 68 ‘53 .. Oslo 6s '55 Panama 5s'63 Panama 5s'63 stp asd | Peru 6s ‘60 Peru 6s '61...... | Peru 7s ‘59 Poland 6s '40._. Poland 8s 50 Porto Alegre 7%s'66 July coupon oft Prague Gtr 7338 '52 Prussia 6s 52 Rhine W E1 P 55 Riode Jan 6%s'63 Aug coupon off_ __ Riode Jan 8s°46 April coupon off .. Rio Gr do Sul 6s '63 June coupon off ._ Rio Gr do Sul 7s '66 May coupon off __ Rio Gr do Sul 8846 April coupon off . Rome 6%s '52 Sao Paulo St 63 '68 July coupon of? _. . Sao Paulo St 8s, July counon off Sao Paulo C 8s'52 14% 31% 34 26, 40, T0% 98% 95 18% 80% 80% 95% 95% 95% . 100 100 100 33% 53% 33% 39 38% 384% 69 68% 68% 33 32% 84Y% 84 BONDS. coupon off 311 33% 25% 40% 6915 98% 95 8% DOMESTIC Adams Exp 4s 48 Alb Per W P 6s 48 Alleg Corp s 44 Alleg Corp Alleg Corp Alleg Valley 4s 42 Allied Stores 4%s ‘50 % 109 109 109 97U 96N 9TU 101% 101% 1013 100% 99% 99% 113% 1123 113% THE EVENING STAR, BONDS ON N. Y. STOCK EXCHANGE Anglo Ch Nitr 7s *45 . A T&S FeC A 4%262 Atl Coast L 1st 4s ‘52 Atl Coast L elt At1ICL un 4% At) Coast L clt 5 Atlantic&D 1st 4s°48 9 Atl Refin deb 6 '37.. Aust & Nor 5841 ... B&O1st4s 43 .. B&Oref 6s'95C B&O PLE&W V B & O Toledo 4s Bang&Aroos cv Bang&Aroos s ‘43 _ Beech Crk 4s '36 gtd.. Bell T of Pa 6s'48 B Bell T of Pa bs Beneficial L 6s Beth Steel 4%s 60 st Beth Stl p m bs ‘36 Beth St rf db 6s '43. Bos & Me 4% 561 5 Bot Con M 6%s°34 . Bot Con M 6%s 34 ct BklynCy RR Bklvn Edis 5 Bklyn Edis 5 BKlyn M T s ‘49 A __ Bklyvn M T 6s'68 A Bklyn Un Gas bs "45_ Bklyn Un El 68 ‘50 Bklvn Un Gas 53 50. Buff GE4%s'81 B Buff R&P con 418 '57 BCR&N 5534 ctfs_ Bush T Bldg 5s'60 _ By-Prod Ck b%s Calif G&E ref 5s'37_ Calif Packing 5s 4 Camag S 7s 42 ctfs _ Can‘dian Nt R4 3851 Can’dian Nt R4 %866 Can'dian Nt R4%s'67 Can'dian Nt R4%s'65 Can’dian Nt5s'69July Can'dian Nt 55'69 Oct o Can’dlan Pe db4 Can’dian Pe 4% Can‘dlan Pc 4%s '60 Can'dian Pc 5s 44 cfs Can'dian Pc 65 '54 Cent of Ga con 5s 45 " | Cent of Ga 55 '69 C Cent of Ga rf 5148 '59 4 Cent INE &G 68 '51. Cent N Eng 4s°'61. Cent of N J 4s '87 Cent of N J gen 5s '87 Cent Pac 18t rf 4549 | Cent Pac 55 '60 ! Cent PTh Sh L 45’54 Cent RR B Ga §s 37. Cent Steel 8s 41 | Cert'a deb 61as 48 _ Chesap Ccv cl bs 44 | Chesap Corp 5s "47 C&Oren 416592 C&O4%s'93 A, C&O4%s'95B_. C&Oconbs'39. Chi & Alt ref 3s'49 | Chl B&Q 1dv 3%s 49 Chi B & Q gen 4s ‘68 Chi B&Q ref 6571 Chi B& Q1 dlv 4i Chi & E Il 55 ‘51 ChiGrt W 4s°'59 _ Chi I & L gen 5566 CM&StP 4s 89 CM&StP gn 41;5'89 C | CM&StP 5 CMStP&P adi s 2000 {Chi & NW gn 45’87 ._ 1 Chi & NW 4148 2037 Ch1 & NW 4%5 49 __ Chi & NW gn 5587 _ Chi & NW rf 5s 2037 C&NW W6s 36 Chi R 1&P rf 4s 34 Chi R I&P rt 4534 ef Chi R I1&P gn 4s ‘88 ‘ CR I&P 4%s 52 CR I&P 41%s '52 ctfs Chi R I&P 4155 '60 | Chi T H&S inc 5s ‘60 Chi Union Sta (t K1 Chi Un Sta 48 ‘6. Chi Un Sta 015: ‘63 A & W Lcon 4s 62 ‘49 Chile Cop deb bs 47.. CinGasEl 4s 68 A Cin Un Ter 68 2020 B Cin Un Ter 58'57C . CCC&StL gen 4s'93 CCC&StL rf 4328'T7E CCC&StL rf 5863 D Clev Un Ter 4%s "77_ Clev Un Ter 55713 B Clev Un Ter 5%s8'72A Colon Oil 6s ‘38 Colo Fuel & Ir 5s " | Colo Ind 1 tr6s 34__ Col & So 4%s 80 Columbla G & B 68 ‘52 May Columbta G&E 6s 61 Col R P L 1st 438 '57 Com [nv T 6%8 49 Con Coal Md rf 58 ‘60 Con Coal Md 55'50 cfs 'ConGasN Y 4%s°61 Con Gas N Y 6s°57 ConG NYdb5%s'4b Cons Ry Co 4s°54___. Container deb 5s "¢3_. CrownC& S 7 Cuba R R 1st bs '62 Cuba Nor RR 6%s 42 Del & Hud ref 4s "43_ Del & Hud 6%s'37 Del P& L 4%s'69_ Den& RGcn 4s'36__ | Den& RG W 6856 _ Den&RGW $s'55 asst Den & R G rf 6578 Det Edison 4% Det Edison rf 6 Det Edison rf 5s '55.. Det Edison bs 62 Donner St ref 7s ‘42 Dul & Ir Rg 5337 DuiSS& At 6337 East Cuba S 7%8'27. El P& S W ref 58 '65. Erfecv 4s 'g! A Erfe ref 6s'75 Erie Gen Riv 6: Erfe & Jersey Fed Lt & Tr b Fran Sug 7%s 42 Gannett 68’43 5%s 47 Gen Pub Sve 5%s ‘39 Gen Thea Ea 6s '40 Gen Th Ea 65 40 cfs_ Ga Mid Ry 1st 3s"46. Goodrich 6s Goodrich 6%s Goody'r T&R Gotham Siik H 68 al Goulc Coup 6s ‘40 Gr Tr'k of Can 6s 36 Gt N Rref 4148’61 A Gt N R gen 43%4s8'76 D GtNRgen 4%s'11B GtN Rgen6s'73C__ GtNR5%s'62B__.. GtNRgen 78’36 A Gulf M & N 6s *50 Gulf M & N 5%8 50 Gulf Sta St15%s "¢ Har Ry-PC 18 Houston Ol 5% 00- Hudson Coal 68 '63__.. Hud Co G 1st 5549 _ Hud & Man ne 68 ‘57 Hud & Man ref 58 '§7 111 Bell Tel 58 ‘66 [11 Cent ref 4s 65 111 Cent 4%s ‘66 111 Cent WL 1st 111 Cent St L 3345 51 111 Cent 6%5 36 MmcstL&NO ICC&StL NO 4% 108% 108% 108% | 113% 113% 113% 113% 113% 113% 1::;( 112% 113% 31% 31% 31% IntRT s’ ll IntRT 7832 ctfs.... interlake 58 °51._. Int Ag col bs '43 lti.. Int Cement b8 "4 Int Gt Nor 6853 25 . Low. Close. 24 25 95% 95% 95% 104 95% 95 103% 103% 95 103% 103 103 107% 107% 107% 104% 104% 104% 107 1 106% 99% 106% 107 110% 110% 92% 5% 6% 89% 341 48% 106% 99% 99% 55% 105% T0% 6815 8% 98Y% 83% 2 109% 112 1061 w 105% 107% 109% % 110% 96% 106% 112 34% 34% 107 _. 104% 103% 99% 102% 1514 15% 35% 100% 108 104% 95% W l(]h 107% 1044 8 1067 106% 1055 1077% 1105 110% 121 > | Mo Pac 4s 75 7 | Mo Pac 5s Low. Close. 44% 69 81% 647 T9% 1% 66% 0% 80 53 107 104% 89 102% TT% 66% 71 80 Int T&Tno%-’“. IntT&T4 Int T & T 685l James F & C Kan C Sou rf Kan C Ter 1st 50 55% 60_. 107 106% KanG& B 4%4s'80._. 106 104% Keith 6s ‘46 8915 89 Kendall 63848 ww_ 102% 102% Kings County Light 1st ref 65’54 114 114 Laclede G 6%8°53 C_ Laclede & 6%s 60 D_ Lake E&W 2d 55 '41 Leh Val Coal bs '64.. Leh Val Coal 5s '6: Leh Val Coal 69 '38 Leh V Pa con 45 2003 L V Pacon 4%s 2003 Leh V RR con 6s 2003 45 Ligg & Myr 58 °51. 121% Ligg & Myr s '44. 133 Loew's6s'41. . __. 105% Long Isl gen 45°38___ 104% Long Isl ref 4s ‘49 101% La & Ark 68 '69 LouG & E 68562 Lou & Jeff Bld 4s'45. L&Nunif4s'40 ___ 107% L&N4%s2003C... 101% L&NG5s2003B ____ 106 L&Nrf5%s 2003 L & N So Mon it 4s'52 M'Cro'yS}s'41 filed McKess & R 6%8°50. Manhat R 4s'90 ____ Manhat R 4890 ctfs_ Marion St Sh 6s 47 Market St Ry 78’40 A Mead Co 6s '45 Met Ed 1strf 43%s '68 Met Ed 1strf 5s°53 Midvale S&0 5s 36 _ MIIER&SLbs ' Mil E R&S L rt MilSpa & N W 4 MStP&SSM cn 4538 MStP&SSM bs ‘38 gt MStP&SSM 5%s8 49 _. MStP&SSM 5%8°78 Mo I116s°59__ Mo K & T 1st 45 '90. MOK&T4%s"78 __, Mo K & T adj 53 *67_. MoK &T6s'62A__. | Mo Pac 65’65 A. 5 A { Mo Pac 68'77 F Mo Pac 5s ‘17 F ctfs. Mo Pac 55'78 G Mo Pac §s '80 H 5 | Mo Pac 6s'811 > | Mont Pwr ref 5543 105% 11615 109 4 1091 112 41 102Y ms-. 107 91 T 1 3 n % 30 37 0\ | Mo Pac §s '81 I etfs Mo Pac 5%s'49 A Monong Ry 1st 460 Mont Pwr5s'62 A Mor & Esx 3345 2000_ Mor & Esx 4%8 55 Mor & Erx 5565 .. Murrav Bodv 6%s5 ‘42 Nat Dairy 6%s " Nat Dis P C 41445 Nat R M 415526 asst Nat R M 432857 asst Nat Steel 4565 - | New ET&T 434861 | New J P&L 4148 '60 | New Or GNR 58'83 A | New Or PS 63’62 A | NewOr PS6s°'55 B * | New Or Ter 1st 4s'53 | New Or T&M inc5s'35 | New Or T&M 5%8 54 |N'Y Cent 334897 Y Cent con 4s 98 ¥ Cent rf 435 2013 YCrf4%s2013n 4 Y Cent cv 63’44 Cent ref 6s 2013 YCLSh3%s'98 N N N N N N . | NYC Mich C 335n"98 54 512 105% 100' 107% 104% 95% 109 108 9614 1051 648, 100% NYC&StL 4%s ‘18 NYC&StL 5%s'74 A NYC&StL 1st 6s '35 NY C&StL 68'35 rets | N ¥ Conn 1st 434853 N Y Dock 5s ‘38 | North Am Ed 55’57 A | N Y Edison 5s 44 B N Y Edison 65 ‘51 C | N Y Edisref 6%s'41 N Y GEIHEP 45°49. INYL&EW 1st4s 73 _ ; NY NH& H 3%s'54_ NY NH & H 3%s5 '56_ NY NH & H 4s 56 NY NH& H 485 NY NH& H4%s NW NH&H el tr NYNH&Hev 6 N'Y O&W gen 4s '55_ | N'Y Rys 1nc 6s 65 | N Y Rys inc6s'65asst N Y Rvs6s°'65 A N Y Rys 6s'65 A asd. N Y Steam 5s 56 N Y Steam 1st 6547 N Y S&W gen 5s '40 | N Y Tel gen 4%s 39 NYW&B4Y%s's Niaz L&O P 5s '55 Niag Sh 5%s 50 Norf So 1st ref 5 Norf&W 1st 4s ’(l 1 | North Am Co &8 's North Am Ed 5%s '63 Nor'n Pac gen 3s 2047 Nor'n Pac 48’97 _ Nor'n Pac 4%s 2047 Nor'n Pac 5s 2047 Nor'n Pac 5s 2047 Nor'n Pac 65 2047___. Nor'n St P 1st5s’41A. Ohio Pub Sve 7s'47__ 111% Ont Pw Niag 6843 _ 112% Ont Trans 1st 6s "45... Ore Sh L 55’46 gtd Ore WRR &N 48’61 Otis Steel 6341 ... PacG&Ebs'e2 .. Pac Tel 1st 58 '37 Pac T&T ref 58 '52... Pan-Am PC6s'40 __ i | Par-B'way 535 51 92% 20 Param’t Pletures 6 Parmelee 6s ‘44 Penn Dixie C fs 41 .. Penn RR4%s'81 D Penn RR 44884 Penn RR con 418 ‘60 Penn R R gn 4%5 65 Pean R R db 4% 70 PennRR4%s8'63 .. Penn R R 6864 Penn R R gen 5868 Penn R R 6%5°36 Penn P& L 4%s '81_. Peo G L&C 6343 Pere Maraq 1st 4s °5| Pere Marq 435 ‘80 _ Pere Marg 1st 5= ‘56 Phila B&W 4543 Phila B&W 4%s "7’ Phila Co 5s 67 Phila El Co 4s ‘71 Phila E1 Co 4%s'67 Phila& RC&16s°73 Phila& RC &1 63 49 Phil Petr 5%s '49 reg PCC&StL 4%s'77C. Port Gen El 4%s '60 Pofto Rico A T 6542 Postal Tel & C bs '63. PubS EI &G 4s T1 Pure Ofl 4248 '50. Purity Bak 6s 48 R-K-O 6341 _ Reading Jer C 4s “51_ Reading R 43897 A Reading R 4%8'97 B Rem-R 6%8'47 A ww Rep 1&St] 5% 853 A Republic Stl 43%s’50. Revere Cop&B 6s 48 Richfield O 6s 44 RG W 1stexin 4s°39 RioG W col 48’49 A_ RIA&L 1st 4%s'34_ Rutland RR 4%s 41 St L IM&S R&G 45'33 StL-SF4s’50 A St L-S F 4850 A cfs. StL-SF 4%s"78 78 of st St L-S F 55’50 B StLSW2d4s StPM&MM ex 4 San A&A Pa Schuleo 6% Seabd A L ref 4s'59_. Seabd A L 6s 45 cfs Seabd A-F16s'35A ct. Sharon S H 5%s 48 Shell Pipe L 68 °52.. Shell Un Oil 5s "47 103 102% 102% Sierra&SFPEs’¢9. 111 111 111 9. 1021% 102 - 102% 106% 106% 10633 100% 100% 100% 3% 99% 99% 99% 103% 103% 103% WASHINGTON, ¢ |it has been felt that copper buying ar fears. e | W 3| Tenn EI Pw 6547 A_ D. C, OUTLOOK BRIGHT FOR COPPER TRAD Demand and Prices Expand in U. S. as Well as at Foreign Centers. BY RADER WINGET, Associated Press Pinancial Writer. NEW YORK, October 14.—After repeated revivals believed to be pre- mature, the copper industry has en- tered a stage of advancement which trade authorities declare is as bright as the burnished metal itself. Demand and prices have expanded together, with the greatest attention focused on price. In the domestic market, quotations held steady at 9.25 cents a pound, gained early last week. In foreign centers the price hag been as high as 9.15 cents a pound, although the range recently has been more between 8.95 and 9.10 cents. War Spurs European Sales. Active buying in the United States has been parallel to the heavy demand in European markets, but in Europe, trade authorities say, buying is aided either by war or war preparations. In this country, on the other hand, has resulted from the general expan- sion of industrial activity rather than | from war demand or as the result of | - High. Low. Close. s 103%3 103% 9 19 96Y% 71 So & Nor Ala 53’36 95% 71 70 Studebaker cv 6s 45 Swift & Co3%s 6 Tenn Cent 6s '47 Tenn C&C 6s'44 B___ 104% 104 104% | 61% 61% 1025 102% 98% 984 104% 104% 823, 82% 103 91% 903 | 90% " 1027 5 Term As St L 4s ‘63 ‘| Texarkana 5%s ‘50 Tex Corp cv 68 44 Tex & Pac 5877 B, Tex & Pac 5a'79 C-. Tex & Pac 5380 D Tex&P MPT 5% '64 | Thira Av ref 4s 60 Third A ad in ex 6a'60 | Tol & Ohio C 3%s ‘60 Trumbull St} 6340 . UnOCal6s’42A Un Pac 1st 45 "47_. Un Pac 4s '68 Un Pac 1st rf 4s 2008 Un Pac 4%s8 '67 Un Pac 1st rf 58 2008 Unit Biscuit 68°50. Unit Drug & U S Rubber Utah L& T 984 108% 119 111% 102 1043 106« 1134 Ut P& LS li ww_ |UI P& L6%s 47 _. Vanadium ev 5s 41 Va E&P 1st vf El 55 A Va S W con 58 '58 Wabash 68 80 D Wabash 5%s 76 Walworth 63 45 A Walworth 6s 45 ctfs Warner Bros cv 6s ‘39 Warner-Quin Warren Br cv W Pa P 1st bs 46 A | WPaP1st6s'63E _ West'n Md 1st 45 °53. West'n Md 6%s 77 West'nNY&P gn 4s'¢? WestnNY&P 1st5s'37 West'n Pac 65 '46 A 'n Pac 6846 A a Un 4%s'50 West'n Un cl tr 55’38 10274 101 104 101 104 West'n Un 6%5°36 _ Wheel Steel 4% ‘53 Wheel St16%s 48 A Wis C 1st gn 4549 _ 9% 10% Youngtn S&T 6870 B 9915 991 99 Youngtn S&T 5578 A 99% 99% 99% - of any war, @ Yet, shown 11935 up to $338,907,500, compared with | mark for a 12-month period and con- MONDAY, OCTOBER 1 Lumber Shipping, Sales and Output All Lag in Week By the Associated Press. NEW YORK, October 14.—Lumber shipments, new business booked at the mills and production during the week ended October 5 were all lower than during the preceding three weeks, the National Lumber Manafacturers’ Asso-~ ciation reported today. Production was well above the August average and shipments and orders were about up to that level. All items were considerably in excess of the corresponding week of 1934. UPTURN EXTENDED IN HOME BUILDING Contracts in 37 States To- tal $41,810,800, Compared| ! to $40,528,300 in August. By the Associated Press. NE WYORK. October 14.—Residen- tial building contracts let in the 37 Eastern States during September to- talled $41,810,800, compared with $40,- 528,300 in August and $17,853,600 in September last year, according to F. ‘W. Dodge Corp. The September volume brought the figures for the first nine months of $186,080,100 in the same period in 1934. This gain of about 30 per cent, the corporation says in its summary, was entirely due to improvement in private activity as distinguished from public housing undertakings. Heavy losses in governmental proj- ects from last year has resulted in a lower total volume of construction in the first three quarters of this year, despite the improvement in residential construction, the corporation states. This year the total for that period was $1,191,667,700, as against $1,203,- 507,200 in the same period in 1934. For September alone, the corporation reported, total awards for all classes of construction aggregated $167,376,200, compared with $168,557,200 in August and $110,151,200 in Ssptember, 1934. On the basis of results so far the corporation says residential building has finally arrived at the $400,000,000 tinues as the most important since de- | velopment ir the construction field. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) Ams-c%zlmers Co. 55 193 HERSIRRRS =55 Sasl! E33% s 1936 Grand Tr. Ca ldl di 19'm_ Gres: Northern Ry. ! Tllivols Central Gizs 19: Intl. Tel. & Tel. 4% l llh'l Lake Erie A West. Lebien valley Coai eSass G233, 3 FOREIGN EXCHANGES. NEW YORK. October 14 (4 .—Foreign exchange steady. Great Britain in dollars others in cen gemand. 4.90% i 80-day bills, 4 Pran cfilblu. 659 Italy. demnd 4t ong. 50, P tenicn Gl 90;" Montreal in New: York. 08.50; New York in Montreal, 101.50 n-—Nominal. FINANCI UPTURN FORECAST AT STEEL PLANTS Iqstitute Estimates Week’s Rate at 50.4 Per Cent, 0.7 of Point Higher. By the Associated Press. NEW YORK, October 14.—Steel production during the current week is estimated by the American Iron & Steel Institute at 50.4 per cent of | capacity, an increase of .7 of a point from tie preceding week, when it was 49.7 per cent. The estimated upturn this week marks a resumption of the advance| in mill operating schedules following| a slight setback in the previous week. | The average rate of operations a month ago was 48.3 per cent and a! year ago it was 22.8 per cent. —_——— FEDERAL LAND BANKS YORK o Llnd § R RE aJctober 14 (P.—Federal lQuolnlons as of 2 o'clock.) Bet. Mo Bid, Asked AL. AUTO PRODUCTION CLIMBS 0 31,643 Total Compared With 24,- 770 Week Ago and 25,401 in 1924 Period. Special Dispatch to The Star. DETROIT, Mick., Ortober 14.—The total number of passenger cars and jrucks manufactuw>d in the United States and Canada last week was 31,- 643, compared with 24,770 for the week ended October 5, according to | Cram’s Reports, Inc., of this city. A year ago last week the output | totaled 25401 units. Commenting on the current situs ation, Cram’s Reports says: “This is the beginning of the arnual heavy production season and weekly in- creases should be noted for at least several months unless a halt is caused by artificial economic factors or dis- turbances in the labor field.” —_ INVESTING COMPANIES CHICAGO PRODUCE. CHICAGO. _ October 14 (#.—Poultry. live, 19 trucks: steady: hens. less than 4% pounds, 17 4} pounds up, 1913 Leghorn hens, 14: Rock Springs. colored. 162a17; ba Leghorn chlckem ucks, “415 pounds up. 15: heavy colored ducks. 1 2 slrad! Creamery: Spe- 712; extras (4 extra Tresh graded firsis. current receipts. 2422 pfXtras, 243 standards, ~Potatoes. on track. 534: total United aum shipments Saturday. 897 Sunday 46: slightly weaker: supplies very heavy demand and t; ger hundredwelght, 6! a1 commércial, s No 1. 0: 7 North Dakota Cobblers. 1" tew sales, 92%3: showing dirty. 85: commercial, 80; Red River Ohios showing freezicg in- jury. 80: Bliss Triumphs. South Dakota early Ohios, unclassifie CHICAGO LIVE STOCK. CHICAGO. October 14 () (United States Department of Agriculture) —-Hogs, 15.000. including 5.000 direct: mostly 108" 25 cents lower bulk. 00 s $“Very ttie | dnne Tei sales md most bids predominat- e supply i hfll‘nn grades fed steers and yearfings. Tow e bids off more on common and medium grade killers with weioht; few loaas well-finished steers held above 13.00. but bulk of quality and condition to <ell at 11.50 down to"9 00, witk. common grades at 7.50 down: early Gemana stockers and Teeders fairly broad with approximately 12.000 Western grass cattle in ccop; all she-stock 25 lower, and vealers 50 cents lower. Sheep, 20.000: £ blain: most early merely %00d native and range down: choice offerines scarce held 950 to 9.7 sharply increas stead: around indications ewes, sccording W“lAIAd“ undnfl“'hl('fr Srade ‘and” weil feedine Tambs firm — U. S. TREASURY NOTES. Rate_—Maturity orteq by Chas b Buney & C NEW YORK BAR SILVER. | NEW YORK, October 14 (#).—Bar silver quiet and unchanged at 65%. | MONTREAL SILVER. MONTREAL, _October 14 (™. —_Silver futures opened steady. December. 4b; March. 6 May, 67305, b {/EVEN WHEN THE GOING WAS HARDEST this Bank has never “Marked Time" FORTY-SIX years Is a period long enough to have tested the policies and strength institution. And what with a world world dépression, and many minor ones, the period from 1889 to the present has been a trying time for American Banks. during this period this Bank has consistent growth . . . has never “marked fime.” Today our resources are AMERICAN SECURITY AND TRUST very slow. with kiling | NEW YORK. October 14 (#).—] szcumv Dealers Association: oY YOr (Noon quotations.) 4dmin Fund 2nd Inc | Amer Gen Am Business Shrs. | Basic Industries | Bullock Fund Corporete Trust | Gorsorate Truse A& Corp Tr AA mod | Corp Tr Accum Ser Corp Tr Accum Ser ulative 2rsified Tr Dividend Shrs : | £quity Corp i en | Fidelity | Fund Investor Fund Tr Shre A e rs, | Investors Fund C Investors Fund of Am. Major Shrs Corp. | Maryland Fund Mass Invest Tr. Mutual Invest Nation Wide Sec Nation Wide Sec vtc Bk Tr Shrs_ m | Piymoutn Fund Quarterly Inc Shrs- Selected Am Si-+ | Belected Cumul 8t J Srlected Tncome 1 Tru d Fistee Bfand Tns € Trisice 3ana Xy Trusteed Am Bk Trusteed Industr) shn. Trusteed N Y Bk Shrs. RUBBER FUTURES. NEW, YORK. ocigber 14 (7. —_c: Fuiber futires opened quie 1 'lower to g ober _unquoted; December, | 133%33: March. 1205-0%. & Insurance Exclusively For 25 Years M. LEROY GOFF ALL BRANCHES INSURANCE ANNUITIES TRANSACTED 1036 Woodward Bldg. Natl. 0310 Phome for INustrations and Rates B MONEY FOR CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTIES 5Y2% FIRST DEED OF TRUST ONLY GEPRGE 1. BORGER 643 Ind. Ave. N greater than at any time in our history and our customers exceed seventy thousand. Sound banking! That is the key to our uninterrupted growth . . . to the i ncreas- ing confidence which our depositors have shown in our policies. Feel free fo come in at any time and talk about your financial problems. Any officer of this progressive bank will be glad to see you. COMPANY Largest Capital and Surplus of any Washington Trust Company CENTRAL BRANCH 7th and Massachusetts Ave., N. W, SOUTHWEST BRANCH Scventh and E Streets, 5. W. NORTHEAST BRANCH Eighth and H Streets, N. E. MEMBER FEDERAL NORTHWEST BRANCH 1140 Fifteenth Street, N. W. RESERVE SYSTEM DEPOSITS INSURED ance Corporation, maximum insurance Main Office: FIFIEENTH STREET AND PENNSYLVANIA AVENUE by Federal Deposit Insur- Washington, D. C. $5,000 for sach depositor.