Evening Star Newspaper, October 16, 1935, Page 18

BONDS HESITANT EARLY IN SESSION Federal Issues Encounter Profit Taking and Turn Irregular. BOND AVERAGES 10 10 oifl, or'n F2 44 981 68.1 979 68.0 980 678 845 676 987 704 845 655 88.9 70.0 0 10 Rails. I'd’st. Net chenge. +.4 —.1 Today, 1 pm. 80.9 99.9 Prev. day-.- 8051000 Month ago. 833 99.6 Year - 845 869 1935 87.8100.0 1935 low... 764 922 1934 high.. 894 929 1934 low... 745 73.7 682 60.2 1932 low... 45.8 40.0 646 422 1928 high..101.1 98.9102.9 100.5 10 Low Yield Bonds. 1 pm.___ 1094 Prev.day. Month ago 110.0 Year ago- 1935 high 110.7 1935 low. 1934 high 1083 1934 low. 991 1928 high 1044 1932 low. 8638 (Compiled by the Associated Press.) 109.2 107.1 107.9 | 35 1949 reg THE EVENING STAR, WASHINGTON, D. BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. TREASURY. High Low. 16027 100 17 1002 - 1008 9931 1006 10218 10214 10218 . 10231 10220 10229 - 10316 10 0316 ~ 10311 1036 10311 10727 10724 3151944 46 _ 10424 10417 335194043 June 107 1 10630 335 1941-43 Mar 10710 1078 3% 5 1943- - 106 106 3% e 1946- - 10820 10814 45 1944-54 11014 1107 11014 41,5-3%51943-45 105 10426 10431 415194752 11423 11417 11423 FEDERAL FARM MORTGAGE. 238 1942-47_ 9930 9924 9930 e 10112101 1012 100 ~10020 10 3= 1964 10216 10210 10: HOME OWNERS’ LOAN. 23,8 193949 9924 9914 9 381932 100 28 100 20 10 FOREIGN BONDS. High. Low. 2 3% 314 501x 23,51945-47 2758 1955-60 35 1946-48 35 1951-55 3145 194649 3145 1949-52 3381941 Abitibl Pa&Pw 5s ‘53 Adriatic E1 7s ‘52 Antioguia 7s 45 A Argentine 5%s 62 Argentine 6s 57 A Argentine 6s Argentine 6s Arzentine 6s Argentine 6s Argentine fs Argentine 6s Argentine 6s 61 Febr ‘60 May 60 Sept 60 Oct By the Associated Press NEW YORK, October 16.—The | bond market was narrow and inclined | to hesitancy today. United States Governments encountered a slight amount of profit taking and turned | somewhat irregular, while domestic corporate loans and foreign issues | stuck to a narrow range, with the undertone fairly steady Three issues of Government bonds held unchanged, two others showed declines of 2-32 to 4-32 and the re- maining active loans showed advanc of around 3-32. The turnover W light. In the corporate section low-priced | rails were by far the most active and gains were fairly well spread out over the group. All five issues of Mis- souri-Kansas-Texas bonds were active and higher, with the best showing made by the 4'zs of 1978, up 3': points at 341:. Other rail issues im- proving included Santa Fe 4s, Balti- more & Ohio 4!s, Erie 5s, New York Central 55 and Southern Railway 4s. Industrial and utility bonds did not | do so well. Texas Corp. 5s, Columbla‘ Gas & Electric 55, Kansas Gas & Electric 5s, and North American 5s were among others yielding small fractions. Slightly higher prices were paid for Youngstown Sheet & Tube 5s, Western Union 5s, United Drug 5s and International Telephone 5s. Foreign bonds continued to work higher. Italian 7s were “; of a point higher at 53!;; Uruguay 6s gained '» at 39 and German (Dawes) 7s were 1 higher at 39. Washington Exchange SALES. Capital Transit Co.—10 at 18, 10 at 18, Real Estate Mortgage & Guaranty pfd.—40 at 4. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer, Tel, & Tel B 1097 Tel. & Tel. Col 10h ARucostia & Fot. 415 x5 Georgetown Gas Fot. Elec. Pow Cons. 55--2 Potomac Elec. 65 61 Wash. Bwy. & Elec. 45 MISCELLAN Batber & Ross. Inc Chevy_ Chase Club Col._Ceuntrv Club 5 . M. Cold Storase STOCKS. PUBLIC UTILITY Amer. Tel. & Tel (9)_ Canital Trausit Co. (1) & W. Steamboat (6) Pot. e Poy. 6% ofd Po. 512 pf. (5 Wlsh Gfl< Lv BANK AND TRUST Amer. Sec. & Tr. Co. (8)_. Capital (4) ___ Com. & Savings Liberty (3) Lincoin Natl Sav & [&3) Washington (6) Wash Loan & Tr (9 American 1 Corcoran Firemen's (1.60) National Union ¢ 60) TITLE INSURANCE Columbia (.30) Real Estate ( MISCELLANEOUS Carpel Corp (1.60) Tanston Monotype (4)_ Mergenthaler Linotype Peoples Drug S 5 Real Est M & G Becurity Storage Wh 125¢ extra. Flat. [ BALTIMORE LIVE STOCK. Cattle—100: most of supply held for Thursday’s market; scattered sales | steady: a few common steers, 6.00a 7.00; low cutter and cutter cows, | 8.25a4.29. Calves—75; weak to 50 lower; | good and choice vealers, 10.50a11.00; | common and medium grades, 7.00a | 10.00. Hogs—225; market slow: unevenly weak to mostly 30 lower; top, 11.45; good and choice 140 to 230 pound averages, 11.25a11.45; 240 to 825 pounds, 10.75a11.25; 120 to 140 pounds, 10.90a11.35; good packing | sows, 9.50a10.25. Sheep—650; market very dull; weak to 25 lower; few good lambs around 9.00; strictly choice considered salable to 9.50; odd lots common and medium, 6.00a8.50; ewes steady at 4.50 down. U. S. TREASURY NOTES. (Reported by Chas. D_Barney & Co.) Rare—Maturity. Bid. Offer. S3233z: FOREIGN EXCHANGES. NEW YORK. October 18 (7 —Foreign | fxchlnl. steady. ~Great Britain in dol- Jars, others in cents: Great _Britaln, “demand, 41 cables, 3 60-day bills, 4.90. . 'demand. Italy.” demand. en 18: Switzeriand. ‘Portugal. 4 46% o 8.86; echos!ovllll. PR 88n; Hun- Argentine. Toklo 28.74 1 Bulgaria 7i%s ‘68 | Norway bs '63 | Rome 6'%s ‘52 | Wuerttemberg 7a'56 Arcentine s 61 May Australia 4%s 56 __ Australia 53 "6 | Australia 6s " Austrian 7s 57 Belgium s 55 Belgium 63s "49 5! | Beleium 7 Belefum 78 Rerlin 6155 Rerlin Elec 6 ec 6158 51 Berlin El Ry 6 Bogota 8345 Bolivia 78 '68 ! Bollvia 7569 _ Brazil 6148 ‘26- Brazil 6%;s '27- | Brazil 78 '62 _ Brazil 8s '41 Bremen St 7s Brisbane 58 '57 Brislane 6s 50 Buenos A C 6s'60 Oct | Buenos A 6s 61 st Pv Buenos A C 6155 55 101 aus 1215 : 104% 101% May coupon off__. ‘ Canada 4s 60 Canada 4145 36. Canada 5s '52 Cauca Valley Chile 65 °60 Chile 6s ‘61 Jan Chile 6s 61 Febr. Chile 6s 61 Sept. Chile 6s Chile { Chile Mtg E Chile Mts Bk 6 Chile Mtg Dk 6 Chilean Mun L Cologne 6125 ‘50 Colombia 6s'61 Jan Colombia 65 61 Oct Copenhagen 4%s ‘53 Copenhagen 55 52 | Cordoba 7s 57 stpd. s 60 | Czechoslovakia 8s '52 Denmark 41s ‘6 Denmark 5%s 56 Denmark 6s ‘42 d 5iss 40 - Elec Pw Ger 6128 '53. El Salvador 8s 48 ct_ Finland 63¢s ‘56 Frameric In 71;s 42 “rankfort 614 French Gov 7 Frencn Gov Isenkirchen 6s "34_ | Ger C Bk A 6s 38 | Ger C Bk A6s'60 July | Ger C B A 65 60 Oct Ger Gov 548 65 Ger Rep 75’49 GrtBr& Ir 6%s 37 | Grt C El Jap 7s 44 Hau1ti 6s | Hungary 73s Hung Con M | Hung Con M 7 unmat coupon on_ Italy is 51 Ital P U Crd 78 '52 ! Japan 5%s 65 | Japan 6143 ‘64 Jugos Mtg Bk Ts ‘:)T | unmat coupon Karstadt 6s 43 cfs__. Lombard k1 7s 52 __ Medellin 635s ‘54 Merid Elec 7s'57 A__ Met Water 5158 ‘50 Mex 4510~ Milan 618 | Montevideo 78 '52___ New So Wales 5s ‘57 New So Wales 5s ‘58 Nord Ry 6%s ‘50 109 U 41% 407 1017% 101% 102% 10215 1067 104 9xi4 85 55 4715 143 141s 915 1031, 80’3 Norway 5ls 65 Norway 6s 44 _ Norway 6s '52 = Norw Hy El 6%s'57. Oriental Dev 6553 _ Panama 5s 63 Panama 55'63 stp asd Peru 6s ‘60 Peru 6s '61 Poland 6s '40 ... Poland 7s '47_ Poland 8s ‘50 Porto Alegre 715866 July coupon off . Prussia 6s 52 Prussia 615 ‘51 Rhein-Rhur 6s ‘51 Rhinelbe Un 7s 46 _ Rio'de Jan 6158 53 Aug coupon off Rio de Jan 8546 April coupon oft 1061 104 98% 85 2 5 4 14% 14%5 7915 10315 9013 7914 1031 907 13% 13% 28 28 28Y% 13% 28 28 281% 341 13 144 Sl 45 Rumania 78 °'59 Aug coupon oft Santa F Arg 7s'52 stp Sao Paulo St 85 '50 July couponoft _. Saxon Pb W 6138 51 Saxon Pb W 78’45 __ Serbs 8s 62 unm c on Siemens & H 6%s '51 Silesia Elec 68 46 Sydney 63855 Tokio El Lt 6s ‘63 Trondhjem 6%s '57 Tyrol Hy El 7s '52 Tyrol Hy El T3;s 55 Un Stl Wk 636847 A. Un Stl Wk 615’61 A, Uruguay 6s '60 Uruguay 68 ‘64 Uruguay 8s 46 Westphal El P 6 33% 3819 38% 387% 39 39 a3iie g 29% 29% DOMESTIC BONDS Adams Exp 4s 48 Alb Per W P 6s 4 Alleg Corp 5s 44 Alleg Corp 5s ‘49 Alleg Corp bs ‘50 stp Allied Stores 4%s 50 Allis Chalm 68 ‘37 Am & For Pw 5s 2030 Am Icecv 5853 Am 1 GChb%s 49, Am Int) 634849 - Am Roll Mill 4% 849 Am T & T gold 4s'36 Am T & Tcl tr bs '46 Am T & T deb 6s 60 Am T & T deb &s ‘65 AmT & T6%s 43 112% 112‘& 100% 100% 113% 1134 102% 102% 10815 108% 113% 113% 11315 1134 113 113 Am Writ Pap 6s 47__ Anglo Ch Nitr 7s - 46 104% 104% 104 104 103% 10314 107% 107% A T&S Fe gn 4s " s g 104% 104% A T&S Fe 4%s 48 107% 107% A T&S FeC A 4%5'62 110% 110% 110% A T&S F TCSL 4s’'68 110% 110% 110% Bhlnlh . 37.06; Honlkonl. 5 ll!xlcko e Bhovs New York in Montreal. 10149 n—Nominal. N Atlanta & Bir 4s ‘33 141 141 14 Atl Coast L 1st 4862 94 93% 9213 102% | Clev Un Ter 515 1024 | | Lautaro Nitr 61 u High. 4% T6% 90 26'% 501 100 56'% t L elt 4’52 Atl Coast L clt 55 45 Atlantic&D 24 4s'48._ At1G& W 168 59 __ B&O Ist 4s ‘48 B&O 414560 B & O 1st bs 48 O cet bs 2000 B c B&O PLE&W V 4541 B & O Swn 55 '50 B & O Toledo 4s'59__ Bang&Aroos 4s ‘61 Bang&Aroos cv 45’51 Bell T of Pa bs"48 B Beneficial Lls 46 Beth Steel 4145 60 sf_ Beth StI rf b 6s "4z Bos & Me 4%s 61J.. Hos & Me 6s ‘67 103% % 109% 118 111 101% m:nyn Cy R Rus 41 BKIvn Edis 58 49 A _ Bklyn Edis 55 '52 B__ Bklvn M T &s 68 A Bklvn Un Kl b8 50 Bklyn Un Gas 5845 Buff R&P con 4 s ‘57 Bush Term cn 5s ‘55 By-Prod Ck 515 '45_. Canada Sou §s 62 A Can’dian Nt R4 51 Can‘dian Nt R41%8'66 Can'dian Nt R4%s'57 Can'dian Nt R4%,s'55 Can’dlan Nt5s'69July Can'dian Nt 68’69 Oct Can'dian N db6 14546 Can’'dian Nr db 7s '40 Can'dian Pc dbisperp ! Can’dtan Pc 416846 | Can’'dian Pe 412860 | Can‘dtan Pc 5344 cfs Can‘dian Pc 5s 54 Cent of Ga con 5s Cent of Ga 6s Cent of ¢ Cent 111 Cent N Eng 4s 61 Cent of N J 45 '87 Cent of N J gen 5. Cent P’ac 1strf 4s " Cent Pac §s'60 Cert'd deb Gles ‘48 Chesap Ccvel bs'44. Chesap Corp bs '47 C& O gen 4%s 92 C&O4%s"93 A_ C&O04%s'95 B Chi & Alt ref 349 Chi1 B & Q gen 43 58 _. Chi B&Q ref 5s 71 Chi B&Q 1 v 315549 |Chi B& Q1div4s’49 | Chi & E 111 65 '51 Chi & Erie 1st § ChiG L & C6s '37_ | Ch1 Grt W 4s 69 10614 108% 118 837 10814 108 107% 107 109% 112 108 1081 107% 107 109% 112 112 108% 108 1073 107 1097 11115 1124 llw. 99 110% 10312 20 10% luu 19 0 1015 96 89 102 1u1 106% 105% 1165 109 109 41 1043 1083 10212 6's 1061 av 114 1051 109% 41, 105 108% M 75 | CMStP&P adj 6s 2000 W gn 4s 87 hi & NW rf 65 20 C&NW Nr W 613s 26 Chi R 1&P rf 4524 _ Chi R I&P en 4s'88__ C R I&P 4155 '52 | Chi T H&S 15t bs 60 | Chi T H&S ine 5s '60 Chi Union Sta 45 "¢4. Chi Un Sta 4563 Chi Un Sta 4%5 63 A | Chi Un Sta 5544 Chi UnSta5s'63 B __ Chi & \W L con 48 52 Chid& W 15%s 62 f Childs & Co 58 "43 | Chilte Cop deb 5= '47 .. | Cin Gas E1 45 68 A_ Lrf5s'63D nort L 41;8 61 Clev Un Ter 41,8 77 Clév Un Ter 5s 713 B 2A Colo Fuel & Ir 5s 43 Colo Ind ci tr 6s 34 | Col & So 415s 80 Columbia G & B 5352 May Columbia Conn & P Ry Con Coal Md rf 5 | Con Coal Ma 5s'5 Chi 5536 | Con G N Y db 5145'45 Container deb 65 43 _ Crown C & S 6s 47 | Crown Zell 6540 ww * | Cuba K R 1st 68 Cuba R Rref T%s 36 Cuba Nor RR 528 ‘42 |Cumb T & T 58 '37 e ‘ Del & Hud Del & Hud ! Den G & E 5551 Den & R Gcn 48’36 - Den & RG W 6s'55 _ Den& RGW 58 Det Edison § | Det kxdison 5s | Det Riv Tun 41s'61 ‘l'lPkSWreffil 65 109, 1091 2 111 101 4« T6% 76 9615 109% 109 111 101 6% 7G‘¢ Erie gen 45 96 Erte ref 5s '67.. Erfe ref 6s ‘75 Fed Lt & Tr 58 '42 st Fed Lt & Tr int 5s "42 | Fed Lt & Tr 6s 42 Fla EC Ry 6574 Fla E C Ry bs ‘74 cfs Fort St Un D 455 '41 Gen Cable 5% s ‘47 Gen Steel C 5% '49 Gen Thea Eq 65 ‘40 __ Gen Th Eq 6s '40 cfs_ Ga & Ala 5s 45 Ga Mid Ry 15t 3s TR Goodrich 6s 45 Goodrich 638 "47 Goody'r T&R 6s 57 Gotham Siik H 6s '35 Gr Tr'k of Can GtNRref4% 51 A Gt N R gen 4328'76 D GtNRgen4%s'1TE GtNRgenbs'73C.. GtNR5%8'62 B GtN RgenT7s'36 A Gulf M& N 6350 __. Har Ry-P C 1st 4s'54 Houston Ol 5%s ‘40 Hudson Coal 5362 Hud & Man inc 5s '57. Hud & Man ref 5s '57 111 Bell Tel 63 ‘58 Il Cent 1st 3%3s 111 Cent coll tr 4s 52 111 Cent ref 4s '55_ 111 Cent $%8 6 111 Cent 6%s ‘36 ICC&StL NO 414563 1CC&St L NO 58 '63__ Ind & Louisv 4s ‘56 __ inland Stl 4%s 78 A_ Intand Stl 43,s ‘81 B. int R T 1st rf 68 ‘66 LR T 1st ref 6a'¢6cfs. Int RT 6s'32 IntRT7s 32 (nt RT 78’32 ctfs _ Int Ag col 5s "4 Stp. Int Cement 58 '48 Int Grt Nr 58 '56 C. Int Gt Nor 6s'62 A_ Int Gt Nor adj 68'52A Int Hydro El 6s 44 int Mer Mar Int Pap 1st Int Pap ref Int Rysof C A 6s’41. Int T & Tcv4%s 39 intT & T 4%s '52 Int T & T 6856 Inv Equity 5847 KanCFS&M 4 Kan C Sou 1st 3s ‘50 Kan C Sou rf in s 50 KanG & E 4%s 80__. I Keith 63 '46 Kendall 6%s "48 W' Kings ounty Elev 48 4! Kings Coun(y Ll‘hl 1st 61854 Laclede G 6%s’ Bl C 67% 1% 102 31% 63 53% 104% 8915 101% 117% T4% T4% 18% 3% 39 39% 43 44 Ligg & Myr 5s°51____ 121 121 121 Ligg & Myr 1- “.._ 134 1334 134 105% 105 105% . 101 100% 100% Lorrmnd 1- 44 —emee 130 130 130 I/ 101% 117% T4% T4% 18% 38 Leh V Pa con ¢s 2003 L V Pa con 4%s 2003 iool “';'l La& Ark6s'69 ... Lou G & E b: Lou & Jeft Bld L & N unif 4s L& N 4%s 2003 c- L& N6s2003 B L&NP&Mds 46 M'Cro'yS5%s'41 tled McKess & R 6% "60 Manati Sugar 7158'42 ctfs stpd mod_ Manhat R 45’90 Manhat R 48 90 ctfs_ Marion St Sh 6547 Mead Co 6s 45 Met Ed 1strf 4%s '68 Met Ed 1st rf 6s 53 .. MIIER&SLG6s'61.. Mil E R&S L rf 58’71 Mo 111 53 MoK & T 1st MoK&T4s Mo K & T 4145 78 MoK &T5s'62 A Mo K & T adj bs '67 Mo Pac 4575 Mo Pae bs '65 A Mo Pac 68’77 F. Mo Pac 5878 G .. Mo Pac 5s ‘80 H_. Mo Pac 6s°811 Mo Pac 6%s '49 Monong Ry 1st 48 Mont Pwr 68°62 A Mor & Esx 6s '55 Muiray Body 6158 42 Mut Fuel Gas 5547 _. Namm & Sons 6s "43_. Nat Acme 6342 ___ Nat Dairy 6%s 48 _ Nat Dis P C 4%s " at Steel 48 ' New E T&T 4%s8" 61 New E T&T 1st 5552 New J P&L 4%s " 5“ New Or GNR &s ‘ew OF PS5 5 8 ew Or P S'6s ew Or Ter 1st 4s°53 New Or T&M 5s ‘54 B \ Y Cent 4342 N Y Cent con 4898 _. N Y Cent rf 4%s 2013 NYCrf4%s2013n_. N Y Cent ref 5s 2013 N Y Cent ev 6: NYC&StL 1 37 NYC&StL 4%8'78___ NYC&StL 5%s 74 A NYC&StL 1st 68 '3, N ¥ Dock 1st 45 '51__ N Y Dock 6s°28 N Y Edison bs '44 N Y Edison 5861 C__ isref 6133 '41 61 | 1 HEP 43 49 5543 NH&H4s " NH & H 4%s 67 NW NH&H el tr 6240 {NY NH& Hevés a8 N Y ORW ref 4592 _ N ¥ Rys 6s'65 A { 1ys Incs'G5ass: eam 1st 65 * am 1st 6547 el gen 4 "1! ‘39 ref 55'61 Nort Solst rfis'6lefs Norf&\W 1st 4s North Am Co 68 61 North Am F North Am E North Am Ed 5%s 63 Nor'n Pac Ren 3s 2047 Nor'n Pac 45’97 Nor'n Pac 4%s 2047 | Nor'n Pac 58 2047C _ Nor'n Pac 55 2047 D_ | Nor'n Pac 65 2047 __ Nor'n StP6s41B _ Ohio Pub Sve 7s 47 Qhto Pub Ser 7% 46 Ore W R 2 & N 4861 _om Steel 6341 PacG & E fs | Pac Tel 1st 68 '27_ Penn Dixie C 65 ‘41 Penn RR 4%s'81 D_ Penn R R 4%s ‘84 Penn RR con 4 Penn R R gD 416865 Penn R R db 4%s "7 !Penn R R 4%s'63 __ Penn R R 5864 Penn R R gen 55 '68 Penn R R 614536 Penn P& L 4%s 81 | Peo G Lt&C rf 55 '47. Peoria & E 1st 4s 40_ Peoria & E inc 45 '90_ Pere Marq 1st 4s ‘56 Pere Marq 4%¢s ‘80 Pere Marg 1t 6s 56 Phila Co 5s 67 = Phila EI Co 48’71 __. Phila E1 Co 4148 ‘67 | Phila& RC&168'73 | Phila & R C & 1 6349 | Philtopine Ry 48 ‘37 Phillips Petr 5%s'39 PCC&StL 415577 C. Port Gen El 4% '60 Postal Tel & C 65 '53_ Pressed St1 C5s 33 Pure Ol1 44850 Purity Bak 53 '48 RK-K-O 6s 41 | Reading Jer C 4s *51_ Reading R 4%s 97 A Reading R 4128 97 B Rem-R 5% 8'47 A ww | Rep 1&St1 5168 '53 A Republic Stl 4% 50 tevere CoD&E 65 '48 Richfield Oil 63 44 __ Richfield O 6s ‘44 cfs RG W 1st ex in 4539 Rio G W col 4549 A Roch G&E 55’62 E [ R1A&L 18t 4% Rutland RR 4%s "41. StJo Ry L T&P 6s ‘37 St L IM&S R&G 4533 St L P&NW 5548 SUL-SF 43’50 A StL-SF 4%s"8 StL-S F 4%s'78 cf st St L-SF5s'50 B StLS W 1st 4s 89 St L SW 1st ter 58’52 StLS W gn rf 5890 StPCtR Cbs'37 StPKCSL4%s'1 StP M&M ext bs ‘43 San A&A Pass 4s'43 Schulco 6145'46A stp. Schulco 6128 '46 B st. Seabd A L ref 4s '59_. 60 i | Seabd A L 65 45 cfs Seabd A-F1 6s'35A ct. Sharon S H 5148 '48. Shell Pipe L bs ‘62 Shell Un Oil 6847 Sterra & SF P 55 '49_ Silesian Am 7s 41 Skelly Oil 6%s ‘39 So Bell T&T 6541 So Pac col 4349 e So Pac ref 48 "55 e So Pac 4%8'68 So Pac 4%5S 69 caeue So Pac 4%s ‘81 So Pac Ore 438’7 So Pac S F Ter 4s'50. So Ry gen 4s'56 A___ So Ry bs'94 So Ry gen 65 '66. So Ry 6%s'56 SoRyM&O 4s” Southw Bell T 6s 64 Stand Ol N Y 4% 61 Studebaker cv 6s "45_ High. Low. 2:55. 5% 6% 5% 2 112 112 105 105 107% 107% 107% 1017 1014 101% 10575 105% 105'% 104 104 104 105% 105 10215 101 102 21% 3 70 74 96 96% 107'% 107 106% 106% 1007, 100% 100 ° 99% 217% Tl 694 74 1067 | : 110%% 10475 21 Parani’t Pictures 68'58 96% 89 1035 104"« 117 1074 9675 105 107 113 1 1065 113 2 1011 2 1051, | 8414 86 9414 101 107 107% 561 101% 106 74 10'1 “ 1064 101% 6515 .« 104% Tenn C&l1 RR 5s'51. Tenn C&C 6s'44 B __ Tenn El Pw 65°47 A_ 114 118% 102% 102% 98 118'% 102% 98% 0 Term As St L 4s'63_. 104 Texarkana 533 '50... Tex Corp cv 6344, Tex & Pac 55’77 B Tex & Pac 538! Tex&P MPT K‘/a. 64 Third Av 0. ‘Third Av 1st 5: 37 Third A ad In ex 68°60 Tol & Ohio C3%s'60. Trumbull Stl 6540 _ Un EL&PE‘AI'SL. Un Pac 7 Un Pac ¢s (l Un Pac 1strf 48 !00' Un Pac 4 Unit Drug U S Rubber 58 ’1". - Utah L& T 68’44 A. Utah P& L 68’44 ___ Util P& L 68°59 ww._ 1% 1\)3 103 57% 57% 101% 101 22Y% 22% 98% 98l 103% 103% 104% 104% 111% 111% 11 1021 102% 102% 105 104% 104% 105% 105% 105% 90% 90% 9% 99 98% 9Bl 91% 91 9% 92% 91% 92 46 46% 45% C., WEDNESDAY, FURNITURE SALES INCREASE SHARPLY Activity Some 33 Per Cent Ahead of 1934 During Three Quarters. By the Associated Press. CHICAGO, October 16.—Frank E. Seidman, Chicago, today asserted fur- niture sales are “pointing sharply up- ward” for the first time in eight years. Addressing the seventh annual con- vention of the National Association of Furniture Manufacturers, Seidman said: “During the first three quarters of | |1935, the industry’s activity rose some | {33 per cent above 1934, and present prospects indicate that the industry | will attain a 1935 volume of some- where around $300,000,000 in 1934, The 1935 volume should closely ap- proach that for 1931 when about $320,000,000 of business was gar- nered.” Washington Produce 30 BYTTER -One- -pound prints (92 score), 1-pound prints (40 score), 1-pound prints (59 score). | 20: veal, iresh. 1 PStatcs Burean osts ) —U. S ex ige mediums, $i's; U. S. | standards. la 40, | LIVE POULTRY hanged '\) mixed turkeys—Young _hens young toms. 11 pounds up a5 | . :2: old hens and old toms Guinea fowl—Young, 10a1.00 & Fruits and Vegetables. large lots by original receivers today One Waskington arrived d 180 unbro ars on cne 'F'IT("‘P One Cn n\xo\* —One Tndiana arr b 1 r\»rimn ro! on demand moders 100-nound 1: New Jerse. v 1 1 SNo_carlot arrivals: moderat North_Cari fSomand siow: market Fi X lina. bushel baskets Puerto Ricans. New Jersey. bushe] hampers S."No. 1. very few sales. rivals: nor cars on track LIMA EEA\(<-—SU5D' r con o BEANS—Truck receipts light: demand moderate: market Virginia. bushel hampers. green. 3.00; round stringless, 3.50. Okra Also Unchanged. OKRA—Supplies very light: demand moderate; market steady. |North Caroiina. iz-bushel hamp 1.25a1 CAUTIFLOWER.No carlot arrivals: no cars on track. Truck receipts moderate: supplies moderate: demand light; market steady. New York. crates, TOMAT California one unbroken car on track. Supplie: light: demand light: market steady. Cai fornia. lug boxes. green. ripes and turn- larger mostly GREI supplies Stead flat type, ar-ived: wrapped, 6x6 and around .00, BROCCOLI—No carlot arrivals: one broken car on track. Truck receipts light: susplies light: d d - light: Crat dozen, 4.0 Ivania Dal.7 CARROTE No catlot. arrivals: on irack. Eastern stock—Supplies demand lizht: market steady. Penn vania. bushel baskets, topped. washed. 'SPINACH—Truck | receipts _moderat supplies moderate; demand light: mariet stead askets—Pennsylvania, 6 nearby sections GRAPES.One California. _one New York arrived: three cars unloaded: five broken and six unbroken cars on_track. Eastern stock—Supplies liberal: demand light: market weak. New York. “-quart askets. s. Nor 1 Table Cone R i2-quatt baskets Concards. 30aits: fair condition. 25: cartons con- taining 12 two-quart baskrh la Concords and Niagaras. a1 cords and Niagaras. 1.50: Lugs. Thompson seedless. | gordine to,condition: Flame biers. ORANGES.Three California arrived: four "broken and six unbroken cars on k. California. boxes. Valencias. 3.00a agsording to erade and size. ‘GRAPEFRUIT—Flor! boxes. 3.0083. 2:55. Hich. Low. 48 48! Ut P& L 5%s 47 48'3 Vanadium cv 68 ‘4 84 Ver Sug 1st 7s ‘42 cfs 10 Va El & P 55’54 105% Va E&P 1st rf 68’55 A 10(*- Va Ir C&C 1st 5s°49. Va Ry 4%8'62 B_ 105"': Wabash 43878 Wabash 5s '80 D ctfs. Wabash 1st s '39 Wabash 5%s'76 Walworth 6845 A Walworth 6s "46 ctfs. 105% 105% 104% 104% 63 63 105% 105% 3514 109% 109% WPaPlstbs'63E . 118 118 W Sh 1st 4s 2361 gtd. West'n Md 1st 43’562 West'n Md 5%s "I'I West'n Pac s 6A Wfl t'n Pac 58°46 A as 'n Un 4%8°50 Welt 'n Un cl tr 55’38 West'n Un 5s ‘61 West'n Un 6s '60 West'n Un 6145 °36__ 103 103% Wheel Steel 4%s°53. 101 101 101% - 104% 104% 104% 16% 16% 164 16% 16% 104% 105'% 100% 101% 100% 100% Jersey npe,‘ 5. | TIXED VEGETABLES—No carlot ar- no cars ight; | WisC 1stgn és'49 _. Youngtn S&T 58’70 B Youngtn S&T 55'18 A [ 10% 10 99% 99% 99% 99% OCTOBER 16, 1935 National Biscait Earnings Rise to $2,974,396 Mark By the Associated Press. NEW YORK, October 16.—National Biscuit Co., for the quarter ended September 30, reports net profits of $2,974,396, equal to 40 cents a com- mon share comparad with $2,38531¢, or 31 cents a share in the June quar- ter and $2,667,118, or 35 cents in the September quarter of 1934. For the first nine months net profit aggregated $7,208,279, or 94 cents a common share against $8,931,969, or $1.21 a share in the like period last year. — HIGHER ASSETS SHOWN BY SUPERVISED SHARES Special Dispatch to The Star. NEW YORK, October 16.—Super- vised Shares, Inc., reports for the quarter ended September 30, 1935, net assels of $8,509,972, equivalent to| $1.4122 per share. This compares | with $8,181,482 or $1.33 per share at June 30, 1935, and reveals a per share appreciation of approximately | 6 per cent. Securities had a market value of | $8,438,188 at the close of the Septem- ber quarter, or $1,155,616 in excess of book cost. Cash distribution to shareholders amounted to 1.3 cents per share for the quarter, against 1.2 cents for the previous quarter. /$684,133 NET EARKED BY HOWE SOUND CoO. By the Associated Press. NEW YORK, October 16.— Howe | Sound Co. reports for the quarter end- ed September 30 net profit of $684,138 after taxes and depreciation, but be- fore depletion. | & share on the capital stock. In the June quarter net profit was $521.832, or $1.10 a snare, and in the Sr])!emher quarter last year $361,771, r 76 cents a chare. For the nine months ended Septem- | ber 30 net was $1,595,729, equal to | $3.73 a share. against $1,372,329, or $2.89 a share, for the first nine months of last year. INVESTING COMPANIES _ NEW YORK October 18 P —New rk Security Dealers' Association (Noon quotation Asked Y10 3058 Trusteed Ind Shr: Trusteed N Y Bk Shrs_ | —_— SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co ) ofter e % v LTk Vaitey Gosl 08 Louisville & Nash. 5s Michigan Central 3s | Midvale Sti. & Ord. 5s 1 N Y. Chi & St. L. New York Dock 5s 19 Ohio River R. R. 3 | Penn-Dixie Cemen Penna. R. R. Co. 6 Rep Trop & Steel ; Ri0 G Western 4s Vanadium Corp. 55 m-u Wabash Rwy. Co. Warner Bros, 65 1938 i3 West. N. Y. & Pa. 55 1937_ 1042 LOANS AT 5 oon downtown centrally-located busi- ness property. Also apartment house loans at 5':%. Reasonable ~ommis~ sions. Tyler and Rutherford, Inc. 1520 “K” St. N.W. Natl. 0435 MONEY FOR CONSTRUCT!ON LOANS and LOANS ON IMPROVED PROPERTIES 5Y2% FIRST DEED OF TRUST ONLY GEORGE L. BORGER Successor to the busi JAMES 'F° sma s o 643 Ind. Ave. N.W. —OFFICES— SAUL BUILDING 925 15th ST. N.W. Tdeal location. opposite McPher- son Square: elevator: building well kept and under constant super- vision. SINGLE $36.00 $67.50 ROOM TWO-ROOM SUITE 923 16th ST. N.W. ELEVATOR SERVICE 1621 CONN. AVE. N.W. 3 rooms. suitable for professional purposes; elevator service. RENT—$65.00. —STORE— 1616 K ST. N.W. Ground floor. heat furnished; approximately 1.100 square feet. B. F. SAUL CO. National 2100, 925 15th St. N.W, This was equal to $1.44 MORE STEEL USED AT AUTO PLANTS Heavier Releases Reported, but National Qutput Holds Unchanged. By the Associated Press. NEW YORK, October 16.—The cur- rent week offers convincing evidence that the long-looked-for support from automobile manufacturers is commenc- cording to the weekly trade review of | Iron Age. Heavier releases for sheets, bars and strip steel are reported in all districts | surrounding the automobile area, the review says, and the week’s most | significant gains in steel production were reported from Cleveland and the | valleys. Production was reported as | unchanged at Pittsburgh, Philadelphia, Buffalo and Wheeling and the national output remained at 52 per cent of capacity largely because of a 3! per | cent drop at Chicago. Motor Trend Watched. “Production has apparently risen as high as it can without the benefit of heavy automobile tonnage,” the review states. “Ingot production this week is unchanged at 52 per cent of capacity, the level from which it has not flunc- tuated more than one-half point in the lost six weeks. This period coincided almost exactly with the low point in automobile assemblies, occasioned by the Fall change to new models. Under | the circumstances, the trend of auto- | motive steel releases is being watched more carefully than usual.” Railroad buying is still absent from the industry, the review says, but in- | Jects a hopeful note with the observa- | tion that: “Prospects are much better in the Midwest, where a shortage of freight cars is becoming more pro- nounced. Some of the carriers have finally admitted that they must either buy rolling stock or undertake large repair programs.” Demand for construction steel re- mains at a low ebb, the review says, although the amount of work now pending which calls for large tonnages continues to grow. The demand from |farm implement makers continues to form one of the sustaining factors of | the present production schedule, the review says, adding that miscellanecus demand remains good. | Note of Caution Sounded. A note of caution was sounded by the review in dealing with the situa- tion at Detroit. where the industry's hopes for a better demand is centered. “Although Detroit reeks with its usual optimism regarding motor car produc- tion,” the review says, “skepticism persists in some quarters. The Novem- ber change to new models still remains an experiment and the fact that so few important innovations in design have been made has led to the belief that Winter selling may not be as easy as it now looks. However, the industry stands to benefit in the long run, as new modeLs are 50 to 175 pounds heavier. The Iron Age composite price for steel scrap is unchanged from the pre- 1viuus week at $12.67 a ton. Composite | prices for pig iron and finished steel | continue respectively at $17.84 a ton and 2.130 cents a pound. NEW YORK BAR SILVER. NEW YORK. October 16 () —Bar silver steady, unchanged at 657%. ing to be felt in the steel industry. ac- | Radio Corp. Calls $4,000,000 Issue of | Gold Debentures= By the Associated Press.. NEW YORK, October 16.—Radio Corp. of America has called for re- demption the $4,000,606 outstanding 5 | per cent gold debentures, due from 1936 to 1942, it was announced today. A part of the cash required for the redemption will come from the pro- ceeds of the company’s recent sale of & portion of its interest in the radio- Keith-Orpheum Corp. to the Atlas Corp. and banking firm of Lehman Brothers. M. & ST. L. ISSUE EXTENDED. MINNEAPOLIS, October 16 (#).— An extension of six months, or longer, of $1,185000 of Mimneapolis & St, Louis Railroad receivers’ certificas due or past due in November, wis authorized by Federal Judge Wilhur Booth. The co-receivers were author- ized to call the entire frsue on 20 days’ notice if conditions warranted. MASSACHUSETTS INVESTORS’ TRUST Prospectus Will be Sent on Request A. S. GovLpeN & Co., Ing. Woodward Blds. Natl. 2000 First Mortgage Notes 60/0 Interest Secured on homes in the District of Columbia. Wm. H. Saunders Co., Inc. 1519 K St.N.W. Dist. 1015 Trust Construction Loans on Residential Properties. Prompt Real Estate Mortgage and Guaranty Corporation We Will Make First 1/-C 5'2% - Action on Application. 1610 K St ) Phone Nat. 1108 First Mortgage Money For CONSTRUCTION LOANS AND LOANS ON IM. PP.OVED RESIDEN.- TIAL PROPERTY 5Y2% Prompt action { B. F. SAUL CO. ] 925 15th se. Natl. 2100 First MortGaGe Loans District of Columbia, Nearby Maryland and Virginia Approved M FEDERAL Tortgages for HOUSING ADMINISTRATION RANDALL H. HAGNER & CoOMPANY ORPORATED MORTGAGE LOAN CORRESFONDENT ./’;(FZW‘( j/;]mmn“?mytany Organi: —on Real Estate or to Applications will receive prompt 1321 Connecticut Avenue N. W. Telephone: DEcatur 3600 EQUITABLE CO-OPERATIVE BUILDING ASSOCIATI& 915 F STREET zed 1879 DoYouDesirealoan Take Up First Mortgage? OSE desiring money to purchase a home, refinance pres- ent indebtedness or improve property should consult us. and courteous attention. Loans Repayable Monthly Subscriptions for the 109th Issue of Stock Being Received As Mortgage Loan Columbia and nearby Repayable monthly at— W Washington Building |, REAL ESTATE LOANS Metropolitan Life Insurance Company. we have ample funds available for loans in the District of $7.50 PER $1,000 4 5%% Lk INTEREST NO COMMISSION CHARGE R F TN e — Correspondent of the Maryland and Virginia. Distriet 9486