Evening Star Newspaper, September 11, 1936, Page 21

FINANCIAL BONDS: HESITANT INNARROW RANGE Low and Medium Priced Rails Unchanged or Slightly Higher. Bond Averages 20, 2% 3% i, Ralls. Indus Uti). For'n +.1 Unc. —1 *95.7103.3 102.4 95.6 103.3 102.5 94.1103.3102.7 834 99.1 985 95.7104.1 102.9 86.9101.8 99.3 . 87.8102.2 998 1935 10W.... 764 92.2 845 1932 10W.... 458 40.0 64.6 42. 1928 high...101.1 98.9102.9 100.5 10 Low-Yield Bonds. Close -...112.3 Prev. day- 1123 Month ago 111.8 Year ago. 110.1 1936 high. 112.3 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 1044 1932 low.. 86.8 *New 1936 high. (Complea by the Assoclated Press.) Net change. By urc Associated Press. NEW YORK, September 11.—Prices worked back and forth in the bond market today, with little to chose be- tween gains and losses. Low and medium priced rail liens held unchanged or moved a bit high- er. Rock Island general 4s again were buoyant, adding a major frac- tion, Missouri-Pacific 5s gained a me- dium fraction and St. Paul 5s, Alle- gheny 5s and Frisco 4%s added small fractions. Some of the industrials were lower, Pure Oil 4l4s, Youngs- town Sheet & Tube 3'¢s and Hiram ‘Walker 4%s selling off fractions to a point or so. United States Governments fluctu- ated to about 4-32 in either direction. Polish bonds, with gains of from 1} to 2%, stood out in the foreign list, where other loans gained or lost fractions. RECOVERY 1S SLOW ON WOOL MARKET Bales Made in Some Quarters, but Volume Remains Small at Steady Prices. Ey the Associated Press. BOSTON, September 11.—The Commercial Bulletin will say tomor- TOW: “Following the holiday the market has rallied rather slowly; sales have been made in some quarters in a faiur way, but no large turnover is report- ed, while prices keep steady. “Interest is turning naturally to the bpening of the London colonial auc- tions Tuesday, especially since this country is now at import parity. Bradford top prices indicate the oe- lief in Yorkshire that London will hold fairly steady. Australia has shown little net gains for the week. “New business at the bills is slow. Deliveries on old contracts continue fair. “In the West there has _been less ‘buying of wool, but somethlfig over & million pounds of the new Fall clip of mohair was sold at 54 to 55 cents for adult and a dime more for the kid hair.” e 'STEEL EARNINGS CL!MB WELL ABOVE YEAR AGO | By the Associated Press. NEW YORK, September 11.—Ag- gregate net earning of $55,249,000 were reported for the first half of | 1936 by 104 companies in the iron and steel industry who produced more | than 90 per cent of the total output | of the industry, the American Iron and Steel Institute announced. ‘The earnings were equivalent to $3.92 per ton on 18,559,000 gross tons of iron and steel products turned out. In the same period of 1935 these companies earned $23,873,000, equal to $2.99 per ton of products produced for sale, while for the full year 1935 earrings amounted to $53,360,000, or $3.01 per ton produced. i U. S. STEEL DISCLOSES DECLINE IN SHIPMENTS By the Assoclated Press. NEW YORK, September 11.—Ship- ments of finished steel products by United States Steel Corp. declined 27,148 tons in August from July, but ‘were 209,206 tons ahead of the same month last year, the corporation re- ported. The figures were: August, 923,703 tons; July, 950,851 tons; August, 1935, 624,497 tons. In, the first eight months of 1936 shipments totaled 6,905,904 tons, com- pared with 4,726,290 in the same 1935 period, an increase of 2,179,614 tons. —_— ALUMINUM CO. BOOSTS DIVIDEND ON ARREARS By e Assoctated Press. PITTSBURGH, September 11.—Di- rectors of the Aluminum Co. of America declared a dividend of $1.25 on 6 per cent preferred stock, payable October 1 to stock of record Septem- ber 15. In recent quarters the company has paid 37% cents per quarter, plus 50 BONDS ON N. Y. mhmmunolhl. Ammuwc—m. U 8 Gov't Bonds-_.. Foreign Bonds .. ~. $570,000 810,000 Domestic Bonds. ... 12,450,000 TREASU ;Kl 1945-4T e s 2% 1951-54-_- 2%381955-60 . 2%81955-60 l‘bl o8 1946-48_______ 3519651-66_______ 3348 1946-49_ o 3% 1941 e 335 1944-46____ 3%8 1940-43 June 335 1943-47 reg.. 45 194464 4%s-3% 8194345 2%81942-47 381947. 381949 Abitibl Pa&Pw bs ‘53 Antioquia Antloquia Antloquia Antioguia Argentine Argentine Argentine 6s ’60 Oct.. Argentine 6s ‘61 Febr. Argentine 6s u Mu - Australia ¢ Australia Australia 68 67 cemeee Belgium 68 ‘65 . cemee Belgium 6348 49— Belgium 78 55 —commee Belgium 78 58 -ceeeme Berlin 6s 58 Berlin Elec 638 1. Berlin Elec 648 '69... Brazil 6348 26-"67 . Brazil 6348 '27-'67 v Brazil 7s ‘62 Brisbane 68 57 ceeeea. Brisbane bs 68 _. BuenosAC6 Buenos A C 3s ‘84 Buen A ¢3%48-4%8"75.. Buenos Aires 4%8-3%s 77 Py Buenos A 6s °61 st Pv_ BuenosAC6%s'61stPv Canada 48 Canada 68 Chile 6s°60 . Chile Mtg Bk 6s Chile Mtg Bk 6 Chilean Mun L Colombia 68 ‘61 J; Colombia 65 *61 Oct. Jopenhagen 4%8 ‘b Copenhagen bs '62 Cordoba 78 '42 Pr Costa Rica 78 A '5: 9 Denmark 6s 42 Dominic 1st 63 Dominic 2d 6%s 40 Finland 6s°45 _ Franktort 6%8°63.... French Gov 74841 Ger C Bk A 6538 Ger C Bk A 65 °60 July Ger C Ag Bk 65'60 O Ger Gen Elec 634840, Ger Gen Elec 7s '45. Ger Gov b8 "65 si Ger Prv & City Bk con Ag 6%8 58 . .. Ger Rep 78'49 stpd .. Grt CElJap 6%s°50_. Haiti 6s 62 PO Hungary 734844 Febr coupon on. Irish Free State 58 '60 italy 78°61. Japan 6%s ‘64 Kreus&Toll 55 '59 cfl_ Low Aus HE 6%8'44. Medelin 6345 54, Mex 48 ‘54 asst._. Milan 6%s 52 _. New So Wales 5. Nord Ry 6%8 'bo Oslo 6s 56 OsloG & E 55 '63._. Panama 55’63 __ Panama 68 '63 stp Panama 5%8'53 - Paris Orl Ry 6%s'68. Peru 6860 e Peru 6861 e Peru 7859 - —ccaaeee Poland 6s "40. Poland 7s 47 Poland 88°60 ... Porto Alegre 8s°61 June coupon off ... Prussia 68°62 - ccceee Prussia 6%8 51 —eee. Rhinelbe Un 7s "4 Aug coupon oft Rio Gr do Sul 6568 June coupon oft ___ Rlo Gr do Sul 7s '66 May coupon oft Rio Gr do Sul 7s June coupon oft Rio Gr do Sul 88 April coupon off Rome 6%s 52 __ Sao Paulo St 6s 68 July coupon of 8ao Paulo St 7s 56 - Sept coupon off . ... Sao Paulo St 8s '36 July coupon off .. Sao Paulo St 88’50 July coupon off . ... Serbs 78’63 unm ¢ 0. Silesia Prov 78°68 ___ Silesian Bank 68 "47 Tokio 638 '61 Toklo E L Ltd 68 63 cents on accumulations, or a total of 87% cents a quarter. The accumulated dividends amount to $16.25 a share. L0S ANGELES ISSUE OFFERED NEW YORK, September 11 (Spe- clal) —Public offering of $967,000 Los Angeles County Flood Control District 4Y, per cent bonds, purchased from the R. F. C,, is being made today by & banking group composed of Lazard Freres & Co, Inc.; California Bank, Los Angeles; the Milwaukee Co. and Brush, Slocumb & Co., San Francisco. The bonds are priced to yield from 0.5 to 3.1 per cent, to ma- turities ranging from 1837 to 1955. 25 TONS OF LEAD SOLD. NEW YORK, September 11 (P).— The St. Joseph Lead Co. reports that 25 tons of pig lead from Southeast Missourl mines were sold yesterday at $4.45 per hundred pounds St. Louis. METAL MARKET. NEW YORK. September 11 (#).—C auiet: electrolytic spot, and nuuxe. is. © . 83.50886 alum- l jum, antimony, o Unchansed. Dittingn and "'wourm- [ 3 EEEEEEESEEEE‘ Am Writ Paper 68 “l Am Writ Pa 6s 47 c!l . 10134 101 ” D mu ‘48 Atllnlh. D2d4s"s. AtIG & W ] 65°69 Auburn Auto ¢%s 39 B&O ist 543, RY.. Low, Close. 104.16 104.17 102.29 102.81 101.27 101.28 1086 103.6 108.4 103.4 106.6 106.8 106.10 105.10 107.8 1074 109.9 109.9 108.17 108,17 108.11 108.11 109.7 109.7 1149 1149 10826 108.26 FEDERAL FARM MORTGAGE. 103.4° 108.4 108.4 104,11 104,11 404,11 103,31 108.30 103.31 HOME OWNERS' LOAN. - 1027 1022 102, 103.24 108.21 108.28 FOREIGN IONDS 10283 1023 1022 Low. Close. N!{ 633 b4 85% “K “K 9/( 9‘( ')( 9% 9% 9 9 9 9 101 101 101% 100 101 101 101 1008 1003 100% 100%% 100% 10134 1013 1013 10134 1003 1013 101 100% 101 101 101 101 10134 1013 1013 103 10234 10234 1083 108% 1083 10874 108% 10834 105 106 106 10734 107 107 11251125 112% 105% 24% 26 Canada 8% 8 ‘61.caeen 1 3¢ | CCC&St L ref §s '63 D 1183 118 814 814 100 2y 953 10 534 6834 1043 124 9784 10134 101% 2% 95% 10 5% 6834 104 124 9734 1013 1013 9784 100%% 1014 6834 98 100%% 101% 80 80 80 1113 11136 111% . 10634 105% 1063 1163 11635 114 113% 1183 10634 106 1 lllh 114 1113 - 1113 11154 1113% 98% | fowa Cent 1starfds's1 mym m 18 116 116 11034 110} 1103 11134 11136 11134 1018 % Y TH Y 814 813§ 8134 4% | Ches &0 3%s'96 D__. i | Chi & NW gen ¢s | Chi & NW 4% 82037 _ ; | Container 6s 46 THE EVENING STAR, WASHINGTON, D. C. fTOCK EXCHANGE mmmm 60 o :l l____ lllu ll”‘ llm IA._._ 913 91} 91X (111 0000 2 L] s g 2 M 10434 1043 10434 106) 10634 10614 983 983 98% 11234 11234 112 1213 121% 1213 - 180§ 130) 130% 108 uu}i 10454 8% 8% 83} sm 83) 82 81§ 82 24 24 2 9% 19 19 19 18% 19 1028 102% 1028 108} 108 10835 118 112% 118 1208 1203 120% 109 109 109 90 88%4 90 20 20 20 68% 673§ 6834 B8l 66% 56% 99 98 98 16 16 16 11634 11634 1163 Buff R&P con 0%- 67 BCR& N 6s "34 ctf: Bush Term con bs '6 Bush Term Bldg 6s 60 By-Prod Ck 6%s "46 Camag 78 '42 ctfs Canada Sou 68 * Can'dian N R 4348 67. 116} 116} 11615 Can’dian N R 4% s "55. 11934 11934 119§ Can'diap N 65’69 July 11975 1197 1194 Can’dian N R 63’69 Oct 12174 121% 1217§ Can’dian N db 63846 128 128 128 Can’dian Pdb 4sperp. 97 96% 97 Can’dian Pac ¢%s 46 10374 10375 108§ Can'dian Pac 43860 1065 106 106 Can‘dian Pac 58’44 cfs 116} 116} 116} Can'dian Pac bs ‘64 10834 10834 mh Carth & Ad 45 °81 gtd. 88% 88} Cent BrU P 48 3 38 Cent of Ga con bs 31 30% Cent of Ga 6359 C 163 161 Cent of Ga rf 53s °5: 0 m Cent [11 E& G bs 51 . 104% 104}§ Cent N England 4s°'61. 55 54 Cent of N J 45°87 Cent of N J gen Centof NJ gn 6s’87rg 86 85% Cent Pan 18t rf 4s"49_ 11014 1103 Cent Pac 5s '60 . 102 101% Cent RR B Ga 65 "37 85} 85} Cent Steel 88 41 127 127 Cert’d deb 6% 924 924 - 1343 1344 168 1524 10034 10034 C&ORen4%s'92 ___ 126 125 C&04%s'93 A - 11034 11034 C & O PottsCrk 4s’46_ 110 110 Chi& Altret 8s'49 __ 57 67 Chi B&Q J div 4s°49__ 111% 11175 Chl & E 111 68 51 53 24% Chi & E I11 68 51 ct! Chi Grt West 48 '69 Chi Ind & Lou 4s 47 Chi Ind & Lou 5: Chi Ind & L ref 89 31 164 17 1 654 83 83 92% 9134 CM&StP 45 ‘89 CM&StP gn 434889 C. CM&StP 68 76 . CM&StP&P adi 652000 Chi & NW gen 3%s "87 Chi & NW 4182037 C. Chi & NW gen 63’87 Cht & NW rf bs 2037 .. | N Chi R I&P rf 45 °34 ctt Chi R I&P xen 4588 Chi R 1&P gen 4s'88 rg. Chi R I&P 4%s 'EZ Chile Cop deb bs a1 Cin Un Ter 3%s D gtd Cin Union Term 6s '57 CCC&St L gen 45 93 CCC&St L rf 4%s17TE CCC&StLCW&M 4s ‘91 Clev Cliffs Ir O%I 50 "I Clev Un Term bs 73 B Clev Un Ter 53%s 72 A Colo Fuel & Iron 6843 Colo & So 4%s Columbia G & 52 May Columbia G&E Cons Coal Del 6: 111% 1% 105 106 6% 76 1053 105 10434 10434 524 5134 105% 105% 1053 1053 1063 106 10834 108% 101% 101% - 104% 10434 . 1063 105% | 5634 56y 573% 57 10134 101% . 106% 1063 Cons Gas N Y 4%8 ‘51 Cons Pwr 3%s ‘70 Container deb bs *43 Crown Will P 6s '51. Cuba RR 1st 53’62 Cuba Northn 5%s'42 Cumb T&T 68 '37. Dayton P&L 814s Del & Hud ref 4s'43__ 85 851§ Del & Hud 53%8°37 __. 1005 1001 Den& RGcon s 36.. 33 32 Den& RG W6s'55. . 17} 1615 Den & RGW 68’65 asst 16} 161 Den& RGref6s'18 28 27 DesM&FtD4s’35cfs 8 % Detroit Edis 4565 F 11134 1104 Det Edison 4338°61 D 1163 1163 Det Edison 6853 __ 108}§ 108} Detroft Edison 5s’62. 107% 107’4 10634 | Int Coment 4845 ——. Dul & Ir Rg 58 '37 reg. 104§ 104} Duquesne Lt 3%8°66. 108 107 East Cuba S 7%s'37__ 243 ECuba 8 7% 26 25 Erie cons 10534 10534 o134 91 87 86 863 87 86K 103 103 1025 10256 1% 103 10 9% 1023 1023 102% 874 87Y% 21 21 . 106 105 104 104} Brie ref 58 76 o eee Farb'ks Morse 48 '56 _. Fed Lt & Trac 6s 54 B Fla EC Ry 6874 Fla E C Ry b8 "74 etf: Gen Am Inv 68’52 Gen St1C6%®8 49 Ga & Ala bs '45 .. Goodrich 65 *45 Goodyear T&R b 3 Joth Silk H bs C ww Grt NRrefé¢4%s E: Grt NRgen 4% 77 B. Grt NR gen 6873 C Grt NRb6%s"52B... Green Bay 65’62 B Gulf M & N 68 ‘50 9y 91 91y m o omn 10234 102 1023 Hud & Man inc bs ’l" Hud & Man ref 58 '57. 111 Bell Tel 3%8°70 ... 111 Cent col tr ¢s 53 . I11 Cent col tr 48 '53.. 111 Cent ref 48 ‘66 ... I11 Cent 4% 8 °66 _—euee 111 Cent ref 655! 111 Cent Omaha 38 51 T11 Cent Litch 3s 51 .. 111 Cent Lou 3%s 63 111 Cent St L 38 51 ICC&StL N O ¢345°63_ ICC&StL NO 6’63 . MCStL&NO 1. Ind & Louisv 4 Inland St1 3%s8'61... IntRT1strf 68’68 . IR T 1st rf 68 '66 ctfs [nt RTés'33 IHCBT"I"I.A PR IntRT 'Il 32 ctfs .. Interlake 6861 ... 98§ Ilt‘flfllil"llfi’_ 99 9834 9314 93} 81% 81} 81l inh 1023 10235 8 86 Int Grt Nr 68’56 B Int Grt Nr 58 66 C—ee. Int Grt Nr6s’52 A Int Grt Nr ad) 6s°52 A. int Hydro E) 6s°44 . Int Mer Marine C- 1. Int T&T 68 ‘55 James FF & C 4539 Jones&L St] 44 s'61A. Kan C F S&M ¢s°36 110%4 11034 1104 88% 883 88% 953§ 95 9534 108 107% 107% Laclede Gas Leh Val Ter Leh V P con L&N 4%82008 Cauue L&NG6s2003B ... L &N rf5%s 2003 Louv & N F&S 58 . L & N So Mon it ¢ 53 McKess&Rob 5%s '50. MeC RRclt 48745 A __ Me C RR gn 4148'60A. Man S 1st T%8°42 ctis Manhat Ry 4s'90 Manhat Ry 4s ‘90 ctts. Manhat R 2d 482013 __ Marion St Shov 6s Mead Co 68 "45 Mich Cent 4%s ‘79 Mid RR N J 6840 MU ER&SLG6s"61 MIIER&SLrf5s'71. Minn & S* . 68 '34 ctfa MStP&SSM cn 48 *38_. MStP&SSM cn s °38_. MStP&SSM bs *38 gtd. MStP&SSM 5% 49__ MStP&SSM 51878 MStP&SSM rf 63 °46 A Mo I11 6869 __. MoK & T 1st 4s 90 MoK &T 63’62 A MoK & T adj 6s Mo Pac 3d ext 4; Mo Pac 4876 Mo Pac 68 '65 Mo Pac 6317 F Mo Pac 5577 F ct: Mo Pac 68'78 G Mo Pac 8 G ctfs. Mo Pacific 68 80 H Mo Pac 55 '80 H ctf: MoPacbs'811 Mo Pac 6581 I ctfs Mo Pacific 634849 AZ. Mob & Ohlo 4% Mob & Ohio 6s '38 Mob & O M div 55 *47_. Mont Pwr ret 68 43 Mor &Essex 3%s 2000 Morris & Essex 4365 Mor & Essex 68 °56 ... Namm & Sons 6 Nashv C&St L 48 18 __ Nassau Elec 48 '51 gtd Nat Dairy 3% NatDisPC4 NatR M 1: Nat Steel 4866 New E T&T 1st 6853 New Or GNR 83 New Orl PS & New Orl PS 6 New Orl Ter 1at 4 New Or T&M 4%s Orl T&M in New Or] T&M 6%s 54 New Or & N 4%s 52 N Y Cent 334897 N Y Central 3% N Y Cent con 4s°98 N Y Cent rf 4%s 2013. NYCrf4l%s2013n N ¥ Cent rf 652013 N Y Cent cvés's4 NYC Mich C 3189 NYC&St L 4%s'78 . NYC&St L 6%s ™74 A. N Y Chi & St L 6s 3! N Y Dock 1st 43 '51. __ 5. NY O&W gen 48 '56._.. NY O&W ref 4s'93___ NY Putnam 4s '93, NY Rys 65'65 A NY Stem 1st 65 "51_. NY S&W gen 55 "40._. NY Tel gen ¢%s 39 NY Tr Rk 6s '46 stp_.. NYW&B4ys"6 | Niag Falls Pw 334 s'66 Nort So 1st ref 5861 Norf S 1st rf5s'61 cfs._ Norf & W 1st 43°96_ North Am Co 5s '61 North Am Ed 55 '57 North Am Ed 5869 C. Nor'n Ohfo 1st 6545 Nor'n O 1st 58’45 ct st Nor’n Pac gen 3s 2047 Nor'n Pac 4897 _ _ Nor’n Pac 43s 2047 Nor'n Pac 5s 2047 C Nor'n Pac 6s 2047 ry North Sts Pw 4% Nor'n Sts Pw 6s Ogden L C 4s " Ont Pwr Niag Oreg RR& N 4s Oreg W RR & N Otis Steel 63 °41 Pac Coast 53 '46______ PacG&E3Y% PacG&E PacG& Ebs 42 _, Pan Am P C 6s *40 otfs Par-B'way 638’51 Paramount Pic 6s *55_ Park-Lx 635853 ctfs_ Penn P& L 4%8'81__ Penn RR3%s'70C__. Penn RR con 4848 __. renn RR48'63 . __. Penn RR 4%s'81D._. Penn RR4%s"8¢ ___. Penn RR g0 4%8 '65 .. Penn RR deb 4143 70 People G L&C rf 65'47 Peoria & E 15t 4540 _. Peoria & E inc 4s "90. Pere Marg 1st 4s "56. Pere Marq 433580 __ Pere Marq 1st 6s ‘56 Phila B&W 4%8°77_. Phila & R C&1 68°49__ Philippine Ry 4s 37 PCC&St L 45 45 D. PCC&St L 45 57 G- PCC&St L 4%8"717C_ Pitts&W Va 438’69 B Pitts&W Va 4143860 C Port Gen El 438 '60 _ Port Ar C&D 65’53 B.. Porto Rico A T 6s *42_ ol & 53 Reading Jer C Reading R 4% Reading R4%s8*97 B._. Rem-R 6%8°47 A ww.. 46% | Republic Stl 4348 61 Republic Stl ¢ Richfield O1l 68 *¢4 Richfield O 6s 44 ¢ RG W istexin StP numnv,-’n 8t P Un Dep rf 6873 San A & A Pass 4s"43. Santa Fe P& P 5s *42. 6674 664 66% 6635 6635 6634 10134 101 101 - 10034 100 85% 85 107 99 99 99 104% 10436 104% 1213 121% 1218 182 182 182 11034 11036 1103 10234 10234 10234 1083 1083 108% 108}4 10834 10835 - 110} 1105 110 1028 1028 1023 108% 1031 108 983 97 9T 104 104 104 1013 100% 1013 824 813§ 825 49 4 49 6134 613§ 61% 5734 5734 39 89 96 954 1081 1053 107 107 1063 106% 6635 67 110% nnu 1105 90 901§ 1414 l‘ 4y 106%; 1063 10634 1T 173 17% 16% 165 16% 120 119% 120 10734 106% 107 1043 1043 10435 107 1063 106% 9% 18 18 7 6 76 80% B0Y 80y 1105 11034 11034 10234 10235 10234 109% 1093, 109% 1113 11134 1113 10634 1063 1064 1053 1053 106% 313 82 14 114 uz 12 10636 1064 102 102} 63 64 106%4 10624 1103 11034 1013 10134 7% 814 67% 58 9374 93% 37 87 1063 106% 1013 1013 11434 11434 1043 104% 109 109 10835 109} 11234 113 105 106} 114 114 9% 95 109% 13 1053 114 9534 1624 9934 10814 10634 116% 10634 116} 116 106}4 1063 105% 1053 105% ATY 46l 4T 8% 27 2m4 305 303 30% 11034 11034 11034 114% 114 114 10834 108% 10814 91 943 9414 S45 904 90 6 kil asx a«x asu lll)‘ ll”( lll!{ 100 100 100 1073 1073 107% 107 107 107 10736 107 107 993 99) 993 nm 116% 117% | rent receip: ¢| CaRi broken tas on track. [ BUSINESS TREND UNEVEN IN WEEK Wholesale Volume Declines, Stores in Some Areas Set New Peaks. By the Associated Press. NEW YORK, September 11.—Sothe divisions of trade fell out of step with the forward march of general busi- ness this week, Dun & Bradstreet reported today in its weekly review. “A moderate contraction occurred in wholesale volume,” the review stated, “as retailers awaited a more definite appraisal of consumers’ pref- erences before adding further to their inventories. “Featured by the active demand incident to school reopenings, retail sales in spme districts, on the other hand, were the heaviest this year. ‘There was little change in the daily average of industrial operations, but production for the week was curtailed by Labor day suspensions.” The agency estimated retail sales for the country as a whole were 3 to 8 per cent over last week, and the increase in many districts ranged up to 25 per cent. Although five days this year were compared with six last year, due to the lateness of Labor day, retail sales were estimated at 12 to 20 per cent over the 1935 comparative. Percentage increases for the major geographical regions over a year ago follow: New England, 12 to 18; East- ern, 15 to 20; Middle West, 17 to 20; Northwest, 15 to 21; Southwest, 15 to 30; Southern, 15 to 20, and Pacific Coast, 18 to 25. Washington Produce BUTTER—Range of prices to stores, sathered from wholesale dealers (prices to uearby shippers based on Philadelphia end New York prices): One-pound prinis. car~ ton (92 score) 38: 1-bound prints. carton (90 score) pound prints.” carton scor nd prints, carton K. tubs (92 score). 37 1ups (90 score). 36! . 15a16: veal. 16al7: i fresh ham, 25: smoked pork loin. 30; compound. 13; LIVE STOCK—] Y m!dlrl’xmxb fl“)‘ Pill llxh! hflll 9 zllo rouzhs. 5a! cllvu fil“‘ . o e T AHEI "ul’l‘]‘ &;onom" tates Bureau n! arket !l(.fl t b Ales T ot et rent i hennery whites 2820, a few fancy at to 2 cent Dlll: I"l}l]l‘ltm Government d Wi mnnon Un!n:" Pdlllmi and Paid: shippers Lob. cxiras large. 30% & siandards. lez P&ul.'mv—uuku full steady to unchanged = prices. Coi- heavy, 17219 Haats: Footers. 10812 brollers’ and fivers. 10 u) ehorns. Fraits and Vegetables. Sales in large lots by original receivers b to & ay. TOBS POn 1daho srrived: one unbroken ar on Lrack. Supplies moder- ate: demand moderate; market slightly weaker. 100-pound sacks Cobblers. U. No. i1 e, Jersey, "2.00a2.10: Pennsvi- 82.00. C. PES—No carlot arrivals: no cars on track. Practically no supplies on the market. AGE—One Virginia_arrived: one unbroken car on tr [ erate: demand moder: New York. 50-po type, mosily 1.2 er. HON! EYDI’WB—On! Colorado _arrived; two broken cars on track. Supplies li demand light; market steady. Color standard and jumbo crates.’ 65 to OrEoNG” datioe arrivals: Supplies light: mand moderate; market stronger. Western lettuce crates. 6 dozen, TOne Michigan arrived; five cars on track. Hi hbllll fi(il 5. Western oo ch individually ed. 215 to B dozen, -0082.25; crates. ed, “1.5081.75; % crates. washec, ETTUCE—One California arrived: five broken and three unbroken cars on track. Supplies moderate: demand moderate: market strong. California, Western crates, Iceberg_ type, lozen, 5.5086.00; New York, Eastern crates, Big Boston type. T3081.75: few higher ONIONS—-One 'New York_arrived: one unbroken car on track ~ Supplies mod- erate; demand moderate: mll’k!l steady. bo-Do\md sacks Yellows. U. : New York, 76085, few higher: indians, 75885, EACHES—No _carlot arrivals: _three | broken cars on track Supplies moderste: demand : market about_steads. Pennsylvan num-l baskets _ Elbertas. ches, 2.5082.75. few 8. in 75 higher; wcmnn Nz- Jersey “and, New York, bushel ets R AN vals: two broken cars on track. Supplies. light, demand moderate: market steady. ~ Bushel ham- s Telephones: California, mostly 2.50, few higher; Colorado, 2. one de- Cali- Skelly O1l ¢s °51 Socony Vac 3%8 South Bell T&T Sou Pacific 3% 8 1074 107} 107 9815 97 98% 95} 95 95 105% 105} 1053 94% 94} 94 Ml 94 94l 94} 94} 94k 9% 99 2 T84 T 1% 1083 108% 108% So Pac 4%s '69. So Pac 4%s 81 So Pac Oreg $%8 77 SoRygends'56 A So Ry 6894 So Ry gen 68 ‘6. ¥ 974 94| U 10724 107} 107% 21 20 204 105 108} 1054 10034 100§ 100§ 11884 115 116% 99 99 99 S W Bell Tel 3%8 '64_ Spokane Int bs '55. Staley A E 45 Stand O NJ Studebaker cv 68 ‘45 ‘Tenn Cent 6347 __ TennCé& I RR 58'51-. 125 125 125 Tenn El Pw 68°47 A__ 98}5 9834 ° 981§ . 10934 10934 109% 10654 10654 1065§ 104 10876 104 10134 10134 10134 104% 104 104 10474 1043 10424 71} T0% T1l4 1028 102% 1023 38 37 88 2034 2034 203 105% 1063 1053 1073 107} 1074 1161 115 118§ 1008 10034 10035 1145 114% 1143 1093 10935 1093 1105 110% 1108 1023 10284 1025 4 32 52 82 129 129 129 1064 1065 10635 108% 108} 108} 1045 1043 1043 704 69 69 Texas Corp cv 68 ‘44. Texas & Pac6s"77B.. Texasa Pacts 79 C_. Third Avad inex Un El Chicago 5- 45 UnEl L& P6s UnEIL&PG6%s 54.- Un 01l Cal 4 41 Un Pac 1st rf4s 201 Un Pac 1st rf 58 2008. United Drug 6s '63 U 8 Rubber bs *4! Utah L& T 68’44 A Utah P& L 63 44 Ul P& L 6869 ww. Ut P& L6%8"47 Vanadium cv & VaE& P 1st ref X3 Va Ry 18t 3% Va8 W con bs ~—— Wabash 4%8°78 _ccee. Wabash 18t 63°39 Wabash 24 58 39 ceeee. 94! Wabash 68 °76 Becaee. Wabash 68’80 D.__._. 35 Walker H&S 434845 Walworth 4s 56 Warner Bros cv 6s '39 Warner-Quin 6s '39_. Wash Cent 48 *48_ W Sb 1st 48 2061 gtd.. West'n Md 1st 48 '53... West'n Md 5%s8 77 West'n Pao 65’46 A - West'n Pac 6846 A as West'n Un ¢%s Westn Unel tr 68 5. Y MK NY Yngstn 3 1. !mmu“-:x__ 1084 1033 108% v 1 Chickens: Virginia Rocks. roast, | 3 per, hllndred'fllht. 1dg s 2.8 'FRIDAY, SEPTEMBER 11, 1936 Auto Production Slum to 27,619 Mark During Week By the Associated Press. DETROIT, Sepiember 11.—Ward'a Automotive Reports, in a survey of au- tomobile plant activity, placesthe cur- rent week’s output at 27,619 units, compared with 31,601 the previcus week. Cram’s reports placed the week's output at 26,750 cars and trucks, com- pared with 21,628 last week and 13,- 470 in the same week of 1935. FREIGHT LOADINGS AT T64580 MARK Increase of 10,938 Cars Sends Total 29.2 Per Cent Above 1935. YORK.® September 11 (#).— The Associated Press seasonally ad- {usted weekly index of freight car- loadings. based on 1920-1930 as 100, agvanced today to 72.2. compared with 2.1 the previous week and 74.3 o previously. e range of recent years 1936, 1935, 1034, — 75 711 S a0h aho o 83 By toe Associated Press. The Association of American Rail- roads reported today loadings of 1933, High Low 477 last Saturday totaled 764,680 cars. This was an increase of 10,938 cars, or 1.5 per cent, compared with the preceding week an increase of 172,739, or 29.2 per cent, compared with a year ago, and an increase of 200,797, years ago. INSURANCE STOCKS NEW YORK. Beptember 11 (P.—New York Security Dealers’ Association: Bla, Asked Aetna Cas (= 105 109% Aetna Ins (1.60 5. Aetna Life (601 3 Am Equit (1a) Ins Newark re (1a Gen Alilance (R0} Glen Palls (1.60) xd Sun Life Travelers (16) U 8 Pire (1.80 Westchester (1a) a—Also extra or extra s—Declared or nlld 50 far this year, — SHORT-TERM SECURITIES. (Reported by Chas. D. !crneg & o e revenue freight for the week ending f, or 35.6 per cent, compared with two L Rio Gr Western 4s Sou Pac of Gilir* 3087 Yanadiun Corp 53 1941 | &‘,‘"”fi Bm: [ m'mn 2 081 | Western Union Tel "5s 1438 1054 }(»2*. | CHICAGO PRODUCE. ; cchAGo Dtember, 11 (P\-al’onl(r!.‘ ive, s: unsettl 4iz 1915: 1 " Rock “brofiers. 15: bareback lhum 15 Leghorn | 4 roostes 14: 3: turkeys T6010° old- ducks. uj : young white ducks. 5 Holged® 150 small white colored. 11; old geese, ttled. Creamer: specials (93 s, frsie’ (90-01). EEETDARE A 212033 staridards’ (90 centralized car- 85, 6.863: firm. Prices un- ck, ']’:lh ;!otll : Tdaho Rus- Burbanks and Eastern Cobbiers, Slightly weaker. other stoce. ot - Dlles Tather Jiberal: demand Hene Bacied e300 28088 U " practically 1r cupm gcnds. 245a2.65; Bliss Triumphs. r qual Biise’ Taamehy Jalr nu.’my 2 -sgm"d“ blers. New Jerse: 2.35; consin U 8. No. z " ity. " 1.80a1 'U. and Dnruylxnded 180-2 00; mcmnn U. S. TREASURY POSITION. By the Assoctated Press. ;.!;El‘.:r %o ll;g:! l:f !:.he’fl’l;lellnry on zl:g: nditures X - TSR Th 452,098 45: n:n 1. 2| Cus month, S8 830,355 040 ToCHIPS for the | Receipts_for ‘the flscal year (si Y. g-g'x 824104 94> expendiures $1 178.424.130.26 (including $417.055.633.66 of emergency expenditures): excess of ex- penditures. .590,935.32. ross debt, S;'.Ig.gg&‘l.'.'gflbifi a d:"creludof Sl.'.'g 22, pr a: atsets. $10.756.487.700 00 S Pan-American Airways Corp.—Sec- retary of Commerce Roper announced that regular air passengers and mail service by the Pan-American Airways will be started between Oakland, Calif., and Manila within 30 to 60 days. Trust Loans For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Basy Monthly Payments FINANCIAL. NATIONAL STEEL NETS $10003.171 12-Month Total Compares With $11,136,452 in Year Ended December 31. By the Assoclated Press. NEW YORK, September 11.—Na- tional Steel Co. and subsidiaries, with plants in West Virginia, Ohio, Michi- gan and New York State, today re- ported for the 12 months ended June 30, consilodated net income of $10,- 003,171, equal to $4.64 a capital share, For the year ended December 31, 1935, net income was $11,136,452, equal to $5.16 a share. Earnings for the 12 months ended June 30 were not published. No provision has been made for possible Federal tax on un- distributed earnings. Archer-Daniels. Archer-Daniels Midland Co., pro- ducer of linseed oil and other items, with plants in Minneapolis, Chicago, Toledo, Buffalo, Edgewater, N. J.; St. Paul, Portland, Ore, and Fredonia, Kans., reported for the year ended June 30, net income of $1,891611, equal to $3.04 a common share. This compared with $2,525,745, or $4.20 a share in the preceding fiscal year. NEW YORK PRODUCE. NEW YORK. September 11 () 13.266; ste ixed colors. Arats mediums. S7a%3%: average chec other mmg colors unchanged. e extra re), 1 scoren), 34%035%; 3.637; quiet, uncn-ng ive pouitry ' firm. t colored mixed with Rocks. horn. 18; fowl. colored. freight prices unchanged. By express—Brolers: horn, 20 Fowl horn. 14a17. Xpress prices unchanged. ressed poultry stead: frozen prices unchang PHILADELPHIA PRODUCE. PHILADELPHIA _September 11 (#).— Live boultry: "roasting chickens. fancy Rocks, Muscovy ducks, white, 148 al4. fresh killed Western. All fresh and bog!r:s“d fowl. 363, HOME LOANS to build or refinance 5% INTEREST as low as PAYMENTS as low as COLUMBIA BUILDING ASSOCIATION 716 11th St. N.W. *xkn A—21 AT.&T.Refunding Move Is Expected Early in October By Lne Associated Press. NEW YORK, September 11.—Re- funding of the huge bonded debt of American Telephone & Telegraph * Co., long a subject of discussion in investment quarters was believed a step nearer today when reports were circulated that a statement covering at least a part of the program would be filed with the Securities and Exe change Commission early next month, Company officlals have declined on all occasions to be specific about plans, but have admitted the matter was under discussion. MERGER IS APPROVED FOR VANADIUM-ALLOYS BY the Associated Press. NEW YORK, September 11.— Stockholders of Vanadium-Alloys Steel Corp., with plants and head« quarters at Latrobe, Pa. approved a proposal to merge the company with its wholly owned subsidiary, Colonial Inuetlmenh First Mortgage, 5%% 2 Real Estate Notes by new dwellings in N. W. section of Washington. Bradley, Beall & Howard, Inc. mmum Nearly €0 Years A Southern Blds Money for Coutruhon Loans Loans on lnpmved Properties 5% FIRST DEED OF TRUST ONLY GEORGEI. BORGER Successor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 5%2% Promp: Action B. F. SAUL CO. 925 15th Street Natl 2100 “How can | secure PROFITABLE MANAGEMENT for my building?” F your building or property is not pro- ducing a proper return on your invest- ment, bring your problem here for analy- sis. Building and property management is a Weaver specialty. We are manage- ment agents for some of the finest and most exclusive properties in the Capital. We can serve you in other ways, too. Get our advice if you are planning to... Finance a new home or other property. Refinance your existing mortgage on a more convenient basis. Get the proper insurance protection for each type of property you own. Sell improved or unimproved property in the District, nearby Maryland and Virginia. ‘We have been in the real estate business here for nearly half a century. All Wash- ington knows by this that “We know Washington.” WEAVER BROS i« REALTORS Washington Bullding - District 9486 . Mortgags Loan Correspondent Mesropolitan Life Insurance Company WE KNOW WASHINGTON