Evening Star Newspaper, September 8, 1936, Page 17

. F SPECIALTIES RISE SHARPLY ON CURB Sherwin-Williams Climbs More Than Six Points by Final Hour. By the Assoclated Press. NEW YORK, Septembey 8.—Indus- | trial specialties jumped sharply in the curb market today. Sherwin-Williams, a high-priced is- sue, was up more than 6 points in the final hour. Jones & Laughlin Steel advanced around 4 points, but yielded a little under late selling. Up fractions to 2 or more points were Midvale, Pratt & Lambert, Amer- jcan Cyanamid “B,” International Pe- troleum and Cord. Resisting the advancing with losses of fractions to a point or so were Pittsburgh Plate Glass;, Sunray Oil, American Gas & Electric and Alumi- num Co. of America. IN Extra of 60 Cents Ordered by Board Of Howe Sound Co. By the Associated Press. NEW YORK, September 8.—Direc- tors of Howe Sound Co., today de- ciared an extra dividend of 60 cents and the regular quarterly dividend of | 75 cents on the ‘capital stock. On June 30 a 50-cent extra was paid. The dividends are payable Septem- ber 30 to stock of record Septem- ber 22. The company mines precious and base metals in British Columbia and Mexico. BRISTOL-MYERS PLANS ADVERTISING CAMPAIGN B tne Assoclated Press. NEW YORK, September 8 —Bristol- Myers Co. manufacturer of toilet preparations, with principal plants ai Hillside, N. J., and headquarters at ANCIA NEW YORK CURB MARKET By Private Wire Direct to The Star. Stocks and Aero Supply (B).. Ainsworth (2) Air Investors Inc. 3 AirInviIncevpf. 1 Ala Gr't Soualls.100s Ala Pwrpt (6) _ 2 Alabam Pw pf (7) 20s Allen Indus (11).. 1 Alliance Invest._. 1 2 1 Alum'n Ind (40c)-100s Alum'n Ltd __. 3 Am Beverage 2 Am Cities P& Li (A) (3)_ AmCP&L B (2200) - Am Cynam B 60c Am & For Pw ww. Am G&E (1.40) Am G&E pf (6) Am Gen Corp 7 Am Gen pf (225) . 508 Am Hard Rubber 200s Am Laun Mch 60c 2 Am Lt&Tr (1.20) _ Am L&T pf (13%)- Am Mfg Co Am Maracaibo Am Superpower Am Superpwr pf Am Thread pf Anchor Post (d) Angostura (20¢) Apex Elec Mfg__ Arcturus Radio T. Ark NatGas __. Ark Nat Gas cu pf Ark Nat Gas (A).. Art Met Wks 60c_. A550 G & Elec AssoG&E (A Assoc Invest 11 ‘m 3508 so Laundries of America ~ Atl Coast Fisher . Atlas Corp (a80c) Atlas Corp war. | AtlasCpf A (3) | Atlas Plywd as0c_ Austin Silver Auto Froducts Auto Vot M(t50¢c) Baldw L bd rts(d) | Berkey & Gay Furniture Co. Black & Decker__. BlissCo (EW) __ Blue Ridge Cal0c Blue Ridge cv pf 3 Blumenthal S | Bohack (H C) Bohack HC 1st pf. 30s Borne-Sery ally 1508 Bower Roller Bearing (allz). Bridgep't Mach Brill Corp (A) | Brill Corp (B) Brill Corp pf. 1 4 1 1 508 5 82 s. 3 2 2 3 1 ] 2 2 1 . 5 0 6 1 6 08 New York, announced the launching, September 13, a large-scale local news- | paper advertising campaign for one of its major tooth paste products. The ds” will be carried in newspaper: of every State and wiil reach ap-| proximately 18,600,000 families for 12 <onsecutive weeks. it was said. The tooth paste to be featured is “Ipana.” CURB BONDS DOMESTIC BONDS . Low m. <1 s British Celanese Ltd rets | Brown F&WB 1.20 Brown Forman | Buckeye P L (3) 350 Buffalo Nag & B P pf (1.60) Bulova W ev pf__. | Bunker H&S t2__.12 | Burco Inc _ | Butler Bros_ | Cable El Prod vie. | Can Indus Alco A Can Marconi |{ Carib Syndicate Carrier Corp 1 Casco Products | Catalin Corp _.. |CentHG & E vie (80¢c) Central Pwr & Lt 7% pf (31%) 1 2 1 s 1258 ilCentesWUUIL o« Am Roll Miil Zpich Pw tis A Canadian Pc = Cent A.iz L&P 55 60 Cent 1l PS 4las F PS 55 G_'6 L& Eent B & LU s Cent Sta Elec 55 10620 10670 1012 38 V148 e 10K15 1 2 1047 10 Firestone CM 3 Firestone_Tire L, %3 States Elec ates Elec conv pt (new) Central States Electric 7% pt Centrifuzal P 40c Chi Flex Shaft t Childs Co pf . ‘Cilles Service_ Cities Service pf City Aut Stpg 60c. Claude Neon Lts . Clev Elec I1lu (2 Clev Tractor Columbla Gas & Elev ev pf (5) Columb Ol & Gas Commwlth Dis __ 1 Com'with Eo (4) 2 | Com’with & S war 106 Community PL 1st pf | Comty Pb Sve (1) | Communit WatS_ Compo Shoe Mach s t e(50c). Consol Aircraft | Consol Copper Consol Gas of Balto (3 60) | Consol M & S (2). 400s Cons Retafl St . 1 Cons Royal (20c). Cooper Bessemer . Cooper Bess pf A 2 E0s 5 1 5008 . 4508 2008 20 ] | Copper Range__ ; Cord Corp {| Cosden oil Me @ ] 787 a9 0 103%2 1053 1052 | © 1043 10433 1043 102% 102 l‘.lul‘a 10134 Ind Elec tis A_ 51 9614 n-,. 5 ind El 55 C Ind Gas Indisna S Indnp P&L 5¢ 4 intern Sc_Am Intersta Pw os ntersts Aun S8 6155 " }m P&L 65 SexaxZIIZ FSRIERTGITTHS % S92 . 20% 20 34 3% 2gn 98 99 BGYs 5AYs 60 60 17 Crane & Co Creole Pet (a2dc). Crocker W heeler.. Croft Brewing Crown Cent Pet. Crown Cork Intl (A) (21) Crown Drug a20c. Crystal Ol Ref_ | Cuban Tob vte | Cuneo Press (2) | Cuneo P pf (612) Cusi Mex Mining. Darby Petr (50¢) . Detroit Gasket pf ww (1.20) Detroit Gray [ron Foundry (20c) Det Pap Prod t25¢ Distilled Liquors.. Doehler Die- Casting (a50c)_ Domin S & C (B) . Dow Chem (2.40) _ Dubelier Condens. | Duval Tex Sulph | Eagle Pitch L 40c East'n G&F Asso East'n Gas & Fuel prior pf (4%) . Easter Malleable Iron new (2) _ Eastn States Pwr Eastn Sta Pw (A) Eastn Sta Pw (B) Easy Washing Mach (B) t50e Economy Grocery Stores (a50c) 2008 Edison Bros(1.60) 1 Eisler Elec Corp.. 2 Elec Bond&Share. 1.7 ElecB&S pf (5). 7 Elec BA&Sh pf(6) 1 El Pwr Asso (A) 1 Electrographic t1. 4 Empire P pt a80c_.100s Emsco Derrick(1) 2 Equity Corp 10 Ex-Cello Airalbe. 1 Fairchild Avnew. 1 Falstaft Brewery. 23 Fanny Farmer Candy (50c) 6 Ferro-Enam (a1). 3 Fire A of Phil (2)_ 40s First Nat Stores 1st pf (7) Fisk Rubber 1 15 2 268 11 Ford Motor Ltd (218 1-10¢c.__. Ford Motor (Can) A (a76e). Froedtert Gr & M conv pf (1.20) .. 50s Gen Alloys . 1 Gen Firep’t (406)_ 1 Gen Rayon Ltd A. Gen Tele a50c Gen Tire & Rub... Glen AldenC (1) Godchaux Sug(B) Goldfield Consol.. Great Atl & Pao Great Northern Paper (1) 62 1% With warrants. xw—without war- n—"cflw +—When Luu!d.'” Greenfield T & D_. Guardian Invest.. Gulf Ol (1) . ... Hall Lamp (a20c) itine (3) . 12 - 4 es (CE) A (2 Sales— Dividend Rate. Add 00. Blllh lm:‘cuzn % 24 Alum'n Co of Am. 600s 130 104 55 2% me—eea208 424 42 42% By 7 14- 833 83 ¥3Y4 3 3 43 2008 112 94 38 3134 2634 1475 4% 1 81§ 434, 60 108 10834 10834 3 % 8% 5% 17 el % 1% 6% " 26% 235 3734 314 108 112% IXZK 1124 85 Fla P& Lot . __00s b1% 614 b1y 8% 22% 17% 214 193 1% ‘Tea n-v (16) _. 280s 11834 117}§ 11734 - lOl 8134 314 3813 !h % 2 ”" 885 90 | Tecnnicolor Inc 63 17 33 THE EVENING STAR, Stocks a; Sates— Divjaend Rate. A4d 00, Hollinger Consol Gold M Ltd t65c. 3 Horn&Hard 11.60_1020 Hudson BM&S (1) 7 Humble Oil (t1).. 14 Hygrade Food .. 2 NMP&L6% pf. 11l Pw&Lt $6 pt. imp Ofl Ltd coupon (150e) .. Imp Oil Ltd reg (t50c) 1mp Tob (Can) (t35¢) . Indus Fin vtc Indus Fin7% pf._ Ins Co of N Am(2)200s Int Cgr Mch 11.80. 1ntl Hydro Elec System cv pf._. Intl Petro (t13). Intl Products._—... Intl Utll (B) ___. Int Utilities war__ intl Vitamin t40e, Interstate Power (Del) pf_ Lt Irving Air Ch (1) F L)Co(1) %4 3 29 B 653 66 Ny 8034 804 25% 26% 2% 2% 1283 1294 935 14 643 65 24 24 508 8508 7 a2 12 9% 38 803 263 28% 29 43 1z 93 38 314 1 2 5 1 3 8 1 Jonas & Naum. Jones &Laugh Stl. Kans City P S vte. Kansas City Pub Sve vicpf A _. Kans G&E pf (7) Ken-Rad T&L(A). Kingsbury Br (d). Kingst'n Prallc.. Kirby Pet (2vc) . Knott Corp(allc). Kreuger Brew (1) Lake Shore M (4). Lakey Ky & Mach. Lenigh C&N(30e). Lefcourt Realty pf (a7dec) Leonard Oil Lion Oil & Ref. Lit Brothers _ Lockheed Alrcraft Long Island Light | Lone-Star Gas 40c | Lia Land (40¢) . Lynch Corp (2) | McCord Rad (B) _. McWms Dredg(4) 103 Mangel Stores pf_ 314 | Marion Steam Sh_ 44% | Massey Harris __ zal | Memphis N G a20e \ Mich Bumper C'p_. ssu,4 Mich Gas & Oll__. 16'3 | Middle States ‘ Petrol vic (A) 2714 | Midvale Co (a2) 187 | Mininz Co (Can)_. 633 | Mock Jud Voe (1) 3 Molybdenum Corp Mont Ward A (7). Moore Dist (t30¢) Mount Prod (60c). Mueller Brass $0¢ | Nat Baking Co Nat Bella Hess | Nat Fuel Gas (1) - Nat P & Lt pr (6) 450 Nat Mfrs & Stores | Nat Rubber Mach. Nat Service pf___. Nat Sugar NJ (2) Nat Transit (75c) Nat Union Radio—. Nehi Corp Neptune Met (A)- New Brad O alve- NJ2ine (12) ____7508 Newmont M 113, 2 | N 'Y & Hond (11) 1008 N Y PW&LUDE(T) 08 N Y Tel pf (6%) | Ntag Hud Pwr___ Niazara Hudson Pwr (A) war Niag Sh MdB al0¢ Noma Elec a40c) | North Am L& P North Pipe L(30c) Nor States Pwr A. N W Eng aie) | Novadel Ag (2)___ | Ohto Brass(B) (1) Ohio Oil cu pt (6) Ohio S pf A (7). 3 | Ukla Nat Gas Co Okla Nat Gas pf .- Oldetyme Distil _ | Outboard Mot (A) | Outboard Mot (B) Overseas S (ailc) e mre e R NG w e S 2 2634 258 6 14 508 1 7 1 1 6 N 3 1 1 1 6 1 1 5 | Pacific Eastern_ (| PacilicG& B 1stpf (1) Pac Public Sve Pan-Am Afr (1) Pantepec Oil Pender G (A)(313)i508 Pennroad (b20c)_. 49 Penn P& L (1) __ 408 Penn Wat & P (4) 2 Pepperell Mfg (6) 30s Perfect Circle (2). 608 Phillips Packing. Phoenix Secur _ | Pie Bakeries(60c | Pierce Gov (alic) Pines Wintefront Pioneer Gold Mines Ltd (80c) Pitney Bowes 40c. Pittsb'gh Forging Pitts& LE 1234 . Pittsb’gh P G(12) Pleas Val Wine _ | Plough Inc (1.20). Potrero Sugar Powdrl & Alx fic_ 4| Power C'p (Can) ‘ Pratt & Lamb(t1) | Premier Gold t1ze | Pressed Met 1% __ | Producers Royal._ | | 23 1% % 1% 1% ‘,: 225 Ao 5 431 43y Prosperity Co (B) Prudential [nvest Pub Svs Ind pf . 12 Pub Svs Ind pr pt 80s Puget Sound P& L pf (5)__. 50, Puget Sound Pwr & Lt 36 pf_ - 22 Quebec Power (1) 25» Ry&Lt Sec(a25c). 2-'0. Red Bank Reed R B ne Reiter-Foster . Reynolds Invest_. Richfield Ol of Calif pf (4) .. Richm’d Radiator. Root Pet'm(a2ée). Rossia Intl Corp.. Royal Typewriter | Rustless Ir & St | safety Ch&L (1) St Anthony Gold.. St Regls Paper _. St Regis Paper pf Salt Creek P(80c) | Schiff (The)Co (3) Scovill Mfg all . Segal Lock & H. Selected Indus ... Sent Saf Control_. Seton Leather Seversky Alreraft Shattuck Den Min Shawinigan Wat & Power (60¢c) . Sherwin-Will (4).1 Sherwin-Will'ms of Canada Sherwin-Will'ms pf new (5) Singer Mfg (16) Smith Corona vte. Sonotone C(al0c). So #enn Oil(t1%). South’n Calif Ed pfB (1%) . Southn Calif E4 pf(C) 1%) .. 1 Square D pf A 2.20 50s Stand Inv cum pf. & Stand Oil Ky 1.40. 6 Stand Oil O a26e 5 Stan Oil Ohio pf 5 200s Stand Pwr& Lt _. 112 Stand P& L (B).. 28 Stand P& L pf . 50s Stand Prod (a25¢) 11 Stand Sil&LdaZe. 1 Steel Co Can t1%. Nll Sterchi Bros = Sterchi Bros 2d pf lODl Sterl'z Brew a2bc. 3 Sterling lnc(lse). 7 Stutz Motor 6 Sunray Oil (la(‘) 12 Sunshine Min (2). Swiss Oil (120¢).. Taggart Corp Tlmt- Elec (2. eyeast(Del)A % T-mr Dist (b5e). % 105 103 863 5% 17 834 634 1% 63 353 5% u1 3% 6% 115 6% s0e 13 2 K 284 | 4308 208 Os 19% 3 37 84 . W% T g L 2% 8% 22% 1% 2% 19% 13 184 15 16% 8% % 22 o4 193 8 84 3 4 9 6 63| Tech Hughes t408 & 16% 17 4 Thew Shovel Coal. 1008 83 33 " TexasGulf Pred.. V. & & 11334 11334 WASHINGTO! GENERAL MOTORS SALES RECORD SET Volume for Eight Months Soars to All-Time High Mark. By ire Assoctated Press. NEW YORK, September 8—=Sales of General Motor’s cars to consumers and dealers of the United States for the eight months ending August 31, 14| et all time records, the company an- nounced today. Domestic sales to consumers for the eight months totaled 1,261,714 cars against 884,862 in the like 1935 period and the previous record of 1,168,710 in the first eight months of 1928. Domestic sales to dealers for the eight months totaled 1,255,485 ‘cars against 952,343 a year ago and the former record of 1,233,846 for the first eight months of 1929. In August the company sold to domestic consumers 133,804 cars, a record for the month since the 1929 peak of 151,722 units and compared with 127,346 in the like month last year. August sales to dealers in the United States totaled 99,775 against 103,098 in August last year. World sales of General Motor cars to dealers in August totaled 121,943, 9 compared with 204,693 in July this 9 *| year and 124,680 in August 1935, For the first eight months world sales were 1,496,804 against 1,181,030 a year ago. High. Low. Close. Uy 1 3434 24 1 24 45 4% 7% 2% 14 2% 4 ay kel 2314 66% X TRADE WITH CUBA SCORES BIG GAIN Island Exports and U. S. Imports Both Forge Upward Under Reciprocal Treaty. By the Associated Press. Increased trade between the United States and Cuba during the first half of this year, with Cuba's exports to the United States gaining by $24,- 14% | 512,000 and American exports to the | “a.’g:sland increasing by $6,554,000, was s1; | reported by the Commerce Depart- 5% ment. 56 | Cuba was one of the first countries 7}4 with which the Administration ne- 2 | gotiated a reciprocal trade treaty to 195 Jower trade barriers. ¥ | The department said Cuban exports | o, to this country were $80.256.000. or 4, 839 per cent of Cuba's total ship- 29% | ments abroad, compared with $55,744,- n': 000, or 84.2 per cent in the first six months of last year. This country supplied Cuba goods valued at $33,843,000, or 65 per cent of total Cuban imports, as compared | with $27.289.000 or 56.3 per cent, in | the first half of 1935. All Cuban imports are set at $52,- 048.000 for the first half of this year and exports at $95,623,000, a gain of | |75 and 44.4 per cent, respectively, over 1935, U, S. STEEL COMMON HOLDERS SHOW DROP By the Associated Press. 35% 35 85% 10834 10834 108}3| NEW YORK, September 8. —Hold- 111 111 111 |ers of United States Steel common 1§ i1 1 |stock declined 3,382 to 175344 on 81% 314 31% | September 1, from 178,726 reported 7. % 7 lon June 1, 1936, the corporation dis- 13 174 closed today. A '4 In September a year ago the num- * | befor of common holders was 188,277. 4% The $1 dividend paid on the preferred stock last month went to 61,426 in- | dividuals, compared with 61,879 in May and 63,469 in August last year. 83 1493 1497 815 8l 5 64 36 86 ki ] 1128 112 122 122 6k 15% 1415 3% 'L 4Tk 3035 37 3% 9 3614 3054 36 U. 5. TREASURY NOTES. 11 Chas. L_Barney & Co.) Bid. offer. 1105 (Reportea Rate- 1ias s BOSTON WOOL MARKET. BOSTON. September & (. —(United States Department of Agriculture.)—The Betton wool market Opened. following the holiday. with & somewhat broader Inquiry for woolen wools and a rather quiet de- | mand for the worsted type of greasy domes- | tic wools. | Mill buvers were inclined to further developments in foreign wool mar- | kets “and " the domestic goods ~market. Quotations were steady to very firm on greasy domestic wools. Cables from Aus- | tralia to vrivate concerns in Boston re- | ported a’fair demand at steady prices com- pared with the closing prices of last week. FREIGHT LOADINGS. NEW YORK. Sentember R (# —Revenue freight carloadings on railroads reporting | today for the week ended September 5 included: | Atchison o Stocks ana @ Dividend Rate. Add 00. 16% | Texon Oil & L 60c. 2 1 Tilo Roof al2lze . | Tob Prod Ex(10c) ‘Tonopah Min (a3) Trans-Lux Daylite Pic Sn (20c) ... ‘Tri-Contl C war . Tubize Chatillion ‘Tubize Chatl (A). Tung-Sol Lamp n._. Twin Coach a20c._.. Union Gas of Cana (a22%¢). Unit Afr war Unit Corp wa Unit Gas Corp Unit Gas C wag . Unit Gas pf(31%) Unit Lt & Pw (A). Unit Lt & Pw pf__ Unit Milk P a50c.. Unit Profit Share. 1 United Shipyds B 1 Unit Shoe M 12%;.176» U S Foil(B)(60e). 7 U S Intl 1st pf ww(2) __ U S Radiator p. Unit Verde Ex (1) Unit Wall Paper.. Utah P& L pf (12.91 2-3¢) - Utilities Pwr & Lt Util Pwr & Lt pf_. 50s Utility Equities.. 2 Utility & Indus._. 2 Utility & Indus pf 10 Venezuela Mex O Venezuela Petrol.. Sales— 1 1 1 3 - 2 3 15 12 18 12 268 2034 2034 130%; 128% no;‘ 193 18 19% 10 110 110 s aam 83134 17% o 24 2 4 40 - 2758 L % mm 10735 % 8% 4 3 58 1 Com. await | C, TUESDAY, SEPTEMBER 8, 1936. Sales of Stocks on the New York Stock Exchange in August of Each Year 1902 — 14,320,000 1903 — 14,460,000 _ 1904 — 12,440,000 1905 — 20,250,000 = 1906 — 31,720,000 1907 — 14,500,000. 1908 — 18,850,000 1909 — 24,510,000 1910 — 10,22¢,000 1911 — 15,040,000 1921 1922 — 17 1912 — 8,970,000 1913 — 6,080,000 1914—Exchange Closed on Account of War 1915 — 20,420,000 = 1916 — 14,600,000 1917 = 11, 1918 — & 1919 — 24,140,000 1920 — 13, - 10,990,000 923 — 15,980,000 1924 — 22,430,000 - 1925 — 32,870,000 _ 1926 — 44,827,000 1927 — 51,272,480 1928 — 68,812,380 1929 — 95,603,400 1930 — 39,869,500 1931 — 24828522 1932 — 82,625,795 1933 — 42,456,772 1934 — 16690972 1935 — 42,925,480 1936 — 26563970 510,000 860,000 700,000 850,000 15 'l7 9 r FINANCIAL. == ulllll DECLINE REVEALED AT STEEL PLANTS Institute Finds Operations 0ff 3.3 Points to 68.2 Per Cent Level. By the Associated Press. NEW YORK, September 8 —Opera- tions in the steel industry for the cur- | rent week declined 3.3 points to 68.2 per cent of capacity, compared with | 715 last week, the American Iron & Steel Institute estimated today. A month ago operations averaged 70 | per cent of capacity, while a year ago the rate was 49.7 per cent. Tnland Boosts Prices. CHICAGO, September 8 (#).—The Inland Steel Co. announced today it was following the lead of the Carnegie- Illinois Steel Corp. by advancing fourth quarter prices $2 a ton on sem finished and certain finished steel | items. J. L. Block, executive vice president in charge of sales, said the advanced rates would be effective on hot rolled bars and small shapes, hot rolled an- nealed sheets and billets of both re- rolling and forging quality. Others to Follow. Steel men predicted other companies will follow the lead of the Carnegie- Illinois Corp., leading subsidiary of the U. S. Steel Corp., which announced the boost Saturday. The Inland Co. reported it had 26 of 28 open-hearth furnaces active m its local piant at Indiana Harbor, Ind Washington Exchange SALES. Mergenthaler Linotype—10 at 46'%, 10 at 4612, 10 at 4615, Bid and Asked Prices. BONDS. PUBLIC UTILITY Amer. Tel, & Tel 41 Tel. & Tel. Col. Tr. 55~ Asked el Cavital Traction R, R City & Suburban 5 Georgetown Gas 15t 55 Potomac. h s. series Rwy. & Elec. 4s MISCELLANEOUS. evy Chase 5lss 108 Country_Club M. Cold Storage STOCKS. PUBLIC UTILITY Tel. & Tel. (9)_. Transit Co._ W. Steamboat () Bot® (Eleg Power 67 y. Wash: RV £ 5% %50 10 BANK AND TRUST CGMEANY Amer. Sec. & Tr. Co. Bank of Bethesda (h Capital (4) & Savings (26)_ Pr. oeo’ res BR & T Riges Riess Dld 5 Washington (6’ Wash. Loan & Tr. FIRE INSUR. NCE. American ( Corcoran () Firemen's (1 National Union (. TITLE XNSURAHC'! Columbia (.30) - Real Estate (6) IS Carpel Corp. (1.60) Lanston Monotype (4 Merlenlhller Linotype 1 g St. com. ll nm Peoples Drue 8. pid. (5,50 el Bt M &G oi. (+ Security " Storase, 15). Ter. Ref. & Wh. Corp. Wawa & Loth com. i1 Wdwd. & Loth. pfd. (7 “Ex-dividend. Plus extras. 16 per cent extra i50c "é-m May 15, 1036 50c Daid Au- 75C_ extr: S paid. June 30. 1936. a—4 ver ceni extra DIVIDENDS ANNOUNCED ORK. September §.—Dividends Extra. Pe- Bk of Fay- Rate_ riod. record. able 5id .30 NEW Y declared: we-Sound Co_ Hecs Raler 8- Accumulated, heet & Younlstn;n 8 !:7 oo Additional. Filen's 8ons Co Wm__20€ —a Increased, Pilen's Sons Co Wm.__40¢ . 9-19 10-1 9-30 Howe-Sound Co Roller. Bit. Riverside rem: Younmown " Sheet & Co !d._4$l 37% Q HONEY MARKET. d'/i Wayne Pump Went'w'h Mf 1. W Va Coal & Coke Western Auto Supply A (3).._ 50s West'n Md pt 400 Western Tabl ‘_Stat'ry vte (1) Williams O11-O- Matic (a25¢) .__. Wil-low Cafeteria Wil-low Cafe pf _ Woodley Pet(40c) Wright Harg t40c Youkon Gold .. m rates in x" B aEne 3% 691 21% 15 1 64 35 L] 3 4 1 4 23 1 ;153. 0 hs, 526 monthl T had refll count nu ®New York Reserve Bank. per VISIBLE GRAIN SUPPLY. NEW YORK, September 8 (#).—The visible supply of American grain shows the following changes in bushels: Wheat decreased 213,000; corn de- creased 230,000; oats decreased 198,- 000; rye increased 630,000; barley in- creased 929,000 Magor Car Corp—Company re- celved an order for 500 box cars from Maine Central R. R. Sharp Rise Seen In Shipments Of American Cotton| By the Assoclated Press. ! NEW YORK, September 8.—An in- crease of more than 25 per cent in ex- | ports of United States cotton for the | year August 1, 1935, to July 31, 1936, was reported today by the New York Cotton Exchange Service. Bales shipped totaled 6.040,000 for | the latest period, against 4,816,000 in the preceding season, the report said. | MEXICAN BANKING | PLANS SIGNIFICANT New Set-Up Closely Parallel to Federal Reserve System Ex- cept for Tribunal. Ey tne Ascociated Press. MEXICO, D. F. September 8—A banking set-up closely paralleling the United States Federal Reserve System has emerged from the latest shaking- up President Lazaro Cardenas gave | Mexico’s monetary system. While the spending public was chiefly interested in the President's putting back into circulation the big, 12-gram silver pesos withdrawn in 1935, bankers found more important | the increased powers he gave the Bank | of Mexico. Secretary of the Treasury Eduardo | Suarez gave this explanation of the | Bank of Mexico's new status: “It will be an institution on & plane of absolute autonomy, which will al- | low it to exercise with ease its func- tions as a central bank, consisting of | the regulation of the emission and cir- | culation of money, foreign exchange and the money market, and of sup- | port for associated banks. That, observers noted, virtually duplicated the purposes of the Fed- | eral Reserve in the north—the more so that the new decrees authorized the central bank to discount paper of other banks. A distinct innovation, however, was the setting up, effective January 1. of an entirely autonomous “fiscal trib- unal” to rule on all questions coming up between the state and private in- dividuals. |NEW YORK BANK STOCKS | _ NEw YORK._septemver % New York Security Dealers’ Associa o (Quotations as of 2 o'clock.) Asked 13 Bid Bank of Manhattan (1'z) H | Bankers' Trust | Cen ‘Han Br & Tr 4) 4 Chase National (1.40) 4812 Chem Bk & Tr (1.80) 0 Commercial (X} ) ont Bk & Tr (80 orn Ex Bk & T (3) _ 5 | Empire Trust (1) ;v . | Irving Trust’ (.60) E | | Manufacturers’ Tr (l1a) Manufacturers' Tr pf = say | ) B S 1 FEDERAL LAND BANKS | NEW YORK September 8 (¥ —Pederal Land Bank bonds {Quotations as of 2 o'clock) 106 NEW YORK PRODUCE. NEW YORK. September & (). 12111; firmer. = Mixed ~ colors. standards. 26a2613: 22a23%: dirties. checks. 19a19%z: (rigerators. ndards. special firsts No. 1. un- special | 2512826, Tred s, ‘mer. Creamery. high honTas: evira (i score 2a35%; firsts (RS-D1 score: 4) deceniralized (00 score) eese. rm. State, milk flats trem *fan Live poultry wnk By freight. broll!rl ks, 1 colors ‘mixed with Rocks. orn. 16: fowl. colo: 3al4; roosters, 1. cks, whole 178210 3 turkeys chickens \hquotea” e T. S. TREASURY POSITION. Bv the Associated Press. The position of the Tre; Recel Recelgts for rhe fl!:ll year (since July 0; cxpenditures, $1 093,450.005.65 includlnx 809, B0 of emergency expenditu nditures. “$401 566,100, e of 74950 under the ur"loul day; sets. $10,728.540,764.09. CRUDE OIL PRICES. September 6 (#).—B: s! © __ Midcontinent . gravity scale 86al. Central Texas. gravity (Permian Basin). gravity North Louisiana-Arkansas, i Scale. 78110, ky Mountain ;ru alt Creek. Wyo.. gravity scale, 94a grade in a ¥ 460 lold as- are: Pennayivanis cBradiord-Alle Dard3i,same er Southwest Pennsylvania lines. 3.1 n Eureks lings 3.8 ey STEEL QUOTATIONS. NEW YORK. September 8 (P prices per 100 pounds 1.0.b. lue annealed Iheell hflt rolled. 210. #alvanized sheets k sheets. hot lled. 2.50: steel RUBBER FUTURES. NEW YORK. September 8 (7. Cru rubber futures ope to 4 lower. 16.42; M xonmu. SILVER. senumm. #1830 Pecember. | INSURANCE STOCKS GO E LOWER DURING WEEK €pec:al Dispatch tc The Star. NEW YORK, September 8 —Insur- | ance stocks in the New York City market declined during the past week, according to figures compiled by Hoit, | Rose & Troster. The aggregate value of 20 leading | fire and casualty insurance issues on September 4 totaled $634.766,000 com- pared with $637.816,000 at the close of the previous week, a decrease of $3,- 050,000, or 0.48 per cent. The current average yield of the 20 }issues of 3.39 per cent compares with a yield of 3.37 per cent on August 28 The current market value equals 1.19 times the current liquidating value, against 1.20 times at the close of the previous week. ! | o | INVESTING COMPANIES ORK. _September —New ty Dealers Ass 2 ‘ (Noon quotations.) NEW York Seci Admin Fd_2nd Inc Am Gen Ea Inc Am Business Shrs Am Ins Stocks St_Iny Builock Pund Corporate Trust Corporate Trust A A Corp Tr A A mod Corp Tr Accum Ser Corp Tr Acc Mod Cumulative Tr 8o Depos Bk 8h N Y Depos Ins Shrs A’ Depos Ins Shrs B | Diversitieq, Tr C Dividend_Shrs Fidelity First Eixed Trust Fixed Trust Sh A ? 1avestors ' Ine Fund Tr_Shrs Fund Tr Shrs B Gen Investors Tr Group Sec Agriculture Group Sec Automob Group Sec Buildin Group Sec Chemica! ec &ioip 8¢ Group Sec 00 Invest Shrs Merchandise | Groun Sec Mining Group Sec Petroleum = | Group "Sec R Equip Group Sec 5 Group Sec St Tobacco | Huron Holding Incorp Investors Inv Tr Coll, “A Investors Fd "'C" Investors Fund of Am Keyston Cust Fund B-3 Major Shrs Corp Maryland Fund Mass Invest Tr Plymouth Fund Inc Quarterly Income Sh Selected Am Sh | Selected Am Sh_1Inc gelected Cumul Sh Selected Income Sh Selected Indus_gv Spencer Trask Fund Stand Am Tr Shrs Stand Super Super of per of Al Supervised Shrs Trustee Stand Inv Trustee Stand_Inv Trusteed Am Bk 52 Trusteed fadusty Surs | Trusteed N Y Bk Shrs < '? SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) fim Tel. & B 10! 100%% Houston Oil 5! H 1940 Intl. Tel & Te 1 s 1039 103t 10314 1043 1047 10515 230 1087 West. Pac. R chmur!_ts 1 Pacific Tel & Tel 58 19° BenniDixie Cement s 1 Penna. R. Co. 45 1943 Sou. Pac. of Calif, Vanadium Corp 19 Wabash Rwy. Co. 55 1939_ Warner West & s Western Uribn eu. FOREIGN EXCHANGES. NEW YORK. September & (P —Foreign | ; Great Britain in dol: i ! Imuuoled Portul 4 Poland R RH lechnslo nk\n 6 h0: Honekone. | A1.95: Mexico . CIty RR8: Montreal in New York, 100.00: New | Montreal. 100.00. Nomin: Speculation in commodities therefore quickly available to mfzuu‘e into the commodity FENNER Southern Bldg., 15th & H Sts. N. PR tember, 44.70b, 8 (».—Silver um%lfl b 01 b 44 3 b—Bid. | 239,000; A-—17 OFFIGIALS REDUCE COTTON ESTIMATES Indicated Yield Remains Well Above Production of Last Year. By the Associated Press. The Agriculture Department an- nounced today the indicated produce tion of cotton this year, based on Sep- tember 1 conditions, was 11,121,000 bales, compared with 12481000 bales indicated a month ago, and 10,367,130 bales produced last year. The Census Bureau simultaneausly announced that ginnings from this year's crop prigr to September 1 to- taled 1,373,868 running bales, com- pared with 1135090 for 1935 and 1,402,835 for 1934 The condition of the crop on Sep- tember 1 was 59.1 per cent of a nore mal, compared with 72.3 per cent & month ago, 64.5 on September 1 last year, and 57.7, the 1923-32 September 1 average. The indicated yield of lint is 1792 e e ok 3k ok | pounds per acre, compared with 1863 for last year, and 169.9, the 1925-32 average. The indicated abandonment of acreage after July 1 is 2.9 per cent of the 30,621,000 acres in cultivation on that date, leaving 29,720,000 acres for harvest. The condition on September 1 and indicated production by States was | announced as: Virginia, conditi 74. and indi- cated production 29,000 bales: North Carolina, 69 and 556.000: Soutn Carolina, 64 and 705,000: Georgia, 64 000; Florida, 72 and 30.000; 56 and 204,000. Tennessee, | 60 and 381.000; Alabama, and 1,093.000; Mississippi, 74 and 1601~ 000; Louisiana. 67 and 656.000; Texas, 52 and 3.046,000; Oklahoma, 24 and Arkansas, 52 and 917 New Mexico, 88 and 100.000 zona, 90 and 154.000; Califor) and 427.000; all other States, 11,000; Lower California ico), 95 and 69.000 (latter not ine cluded in United States nor Cali= fornia totals) *Arizona 1936 crop ir bales of Pima Egyptian I <ol des 20.000 | | cotton. PHILADEI.PHIA PRODD CE. and over Reds. roasters Re. FOREIGN MARKETS. LONDON _Sept were i de shares eased on profit- e mining issues moved the Bourse closed he exception of bank= ch rentes. the latter Residential 6 E Properties AVAILABLE FOR INVESTORS Moss Realty Company Tomes Slde Metro 1336 Investments 1/ o First Mortgage, /2 Real Estate Notes Socured by new dwellin in section of Washington Bvldiey, Beall & Howard, Inc. Estadlished Nearly 4n Years NA 0 Southern Bids DIRECTORY COMMODITY BROKER‘ Member N Laidlaw & OTT P Cotton Exbanee co. 5 o Members cmram Boare of Trade Laidlaw & 5 Westheimer & Co o e 0 RUBBER—HIDES—METALS—SILK Members Commodity Exhange Inc Laidlaw & Co. DI 5 Westheimer & Co, NA 8500 OU'LL find it an economic advantage, as well as a re- lief from worry, to place the management of your apartment house and residential proper- ties in the hands of our Prop- erty Management Department —equipped with both facilities and experience. B. F. SAUL CO. 925 15th St. Nat'l 2100 Mortgage Loans MARKET INFORMATION differs widely from security speculation in the matter of so-called “market information”. Basic statistics on commodities are published by Govern- ‘ment Bureaus at regular intervals, and are carried in the daily press. Information vitally affecting commodity prices is all. ‘Those who have con- fined their commitments exclusively to securities might well service available through this ce which includes a consolidation of such information. & BEANE Members New York Stock Exchange and other leading Exchanges W, National 7000