Evening Star Newspaper, September 15, 1936, Page 19

. FINANCIAL. CURBLIST REGAINS - SOME OF DECLINE Most 0il Stocks Steady to Higher as Utilities Move Down. By the Assoclated Press. NEW YORK, September 15.—Curb stocks recouped some of their early losses as offerings dried up late today. Most of the ofl shares stood un- changed to higher in the final hour. While industrial and mining stocks Lshowed gains and losses about evenly divided, utilities were generally lower. Creole, Columbia Oil & Gas, Inter- national Petroleum and Pantepec were fractionally higher. Gulf and Sunray yielded minor fractions. American Gas & Electric lost more than a point and Electric Bond & Share dropped mearly a point. After early strength, which netted 1t about 2 points, Babcock & Wilcox reacted sharply to about 2 points lower «On the day. Mueller Brass was off more than 1}, and Newmont Mining about 1. Wayne Pump went ahead a point or so. Cocoa Prices Sag In Heavy Trading After Sharp Ri BY the Associated Press. NEW YORK, September 15.—Trad- ers in the recently booming cocoa fu- tures market jumped to take profits today and prices shortly after the start slid off .32 to .37 of a cent a “pound from Monday's record heights. Trading was reported to have been the heaviest in the history of the exchange in the first hour, with 440 lots, totaling 6,600 tons, of cocoa changing hands in the first 50 min- utes of dealings. The selling was said to have been touched off when the local market learned that earlier prices in London had failed to follow Monday's swift rise here. A long upward move in both centers was thought by some experts to have brought the markets ,into an “overbought” position. After the initial break prices climbed back a bit and the pace slackened. CURB BONDS DOMESTIC BONDS. Alabama 108 1otsa 1003, Tot 1061a 10618 108 8034 60% 50% 3902 Ry, SRes mervice 55 150 - Gatineau P Gatineau P 6s B Gen Bronze 6s ‘40 Gen £b UL 6las A “Georeln £w Bs t 1r|'.'; 1035 1. Ry 0 Glen Alden C s w&“‘ 2 lu'"zlu". 10 1210314 10 953 9 | Cosden Oil Me (d). By Private Wire Direct to The Star. Stocks and Sales— Dividend Rate. Add 00 Aero Supply (B).. Ainsworth (2) .- I Air Inv Incevpf_. 1 Ala Gr't Souall. 268 Ala Pwr pt (6) 0. Allen Indus (f. 26 Alum’'n Co of Am. fll 184} 1814 Am Capital (B) ... L1414 Am CitlesP&L : (A) (3) 60s 42% 424 Am Cities Pw &Lt(A)ww 2% |1 4% 463 AmCP&L B (a20¢) .. F4 6% 6% Am Cynam B 60c.. 19 -83%§ 88% Am&ForPwww. 8 8% 8% 8 43 4214 :s- 11 111 1 4 1008 Am G&E (1.40)_ Am G&E pf (6) AmGen Corp Am Laun Mch 60c. Am Lt&Tr (1.20)- Am Mig Co Am Maracal Am Superpower._ Anchor Poét (d).. Angostura (20c) Apex Elec Mfg__. Arcturus Radio T. Ark Nat Gas._. Ark Nat Gas cu pf. AsS0 G & EleC.aan AssoG&E (A)... AssoG & ES$5nf_. Assoc Invest 1134, Atl Coast Fisher_. Atlas Corp (a80c). Atlas Corp war-. AtlasCpf A (3)-- Atlas Plywd a50c. Ax-Fisher(3 O)A Babcock&Wil (1) Baldw L bd rts(d) BellancaAireraft_ Berkey & Gay Furniture Co- Berkey & Gay Furn pur war. Black & Decker... Bliss Co (E W)_ Blue Ridge Callc. Blue Ridge cv pf 3 BlumenthalS____. 6 Bohack HC 1st pf. 10s Bower Roller Bearing (al%). 2 Bowm'n-Biltmore Hotels 1st pf__ 1408 Braz T L&P adlc.. Bridgep't Mach._. Brill Corp (A) Brill Corp pf_. Brit-Am Tob cou B (a6 7-10¢) - Brit-Am Tobacco reg (a75 7-10c)- | Brown Co of-. Brown Forman_ Buckeye P L 13) lOOl Buffalo Niag & B P pf (1.60)ccee. . Burma Ltd (a12 9-10c) Butler Bros. Cable El Prod vte. Can Marconi. .. Carib Syndicate Caro L & P pf (6)- 20! Carrier Corp.__. [ 934 259 104 268 118% 1. 1 2! 1 2% 2 Castle(AM) &Co 31008 Catalin Corp 4 Celanese 1st | Celanese pr pf (1) Cent& S W Util Cent States Elec_. | Cent States Elec conv pf. 2bs Central States Electric 7% pt. 2008 Centrifugal P 40c. 1 | Chi Flex Shaft t2_800s *| Chicago Rivet & M (t1%3)_ Childs Co pf. | Cities Service__. Cities Service pf_. Cities Svc pf(BB) 10s City Aut Stpg 60c. 1 Clinchfield Coal .. 268 Columbia Gas & Elev cv pf (5) Columb Ofl & Gas. 11 84 Com’with & S war. 27 % Community P L istpf __ . 268 39 Compo Sho Mach s t c(50¢)- Consol Alrcraft... 20 193 Consol COpperouaa . 9 &4 Consol Gas of Balto (3.60) . f 2 803 Cons Retafl St___.* 8 7% Consol Retail Strs 8% pf ($4). 10s 101 Cont Roll & Steel Foundry___2260s 153 Cooper Bessemer. 20 2435 Cord Corp_ Corroon & 850e 106 1 14% Cramp(W&Sons) Crane & Co_. Creole Pet (a2; 2 | Croft Brewing g dd "y 3o, 2o EERCEET) BRI R AR B3R R mm R s s 5 aer oS B> HE>TaDEE homa s bl ‘i’ 2uQug > mR 27, I 2 .;z 53 82 gt ; 8 ] U oL " 54 S N P e X SR Son5 S DD N WP IO NDS 22 20WD. EERREE R Gt e S EE R POy e T Tl e e ey 25 b bt 74 333335 8253225328222p008mo5 30 meooma 0o ERERS 2055 Suo®' g RS 252222823 v o SS¥ Sa% FESEES g 9 ey o B R F TERER o] g ) o™ z : o 23 o lu-fl: 1021 g48355de ot ;?3"“ & Q 257! 10 108 - 1001 100 1005 FOREIGN BONDS. D.m Cons 55 '53 & Bk ix T cuy 78 38- Elec 6 ntl P! Arl 4! lt '45 5!‘4 5134 B1% 78 4 64’2 64'a wi—wun nrnnu x'-—Wllhout war- po-New. wi—When issued. st ). mped. '?finotl bility impaired by maturity. Companies reported in receivership. METAL MARKET. YORK. September 15 (.—Copper s electrolytic, spot and futur spp . 9.90895. Tin b a9 083, 821 9‘?'8 | Darby Petr (50¢) Crocker Wheeler_. Crown Cent Pet. | Crown Drug a20c_. Crown Drug pf 1%100, Crystal Oil Ref_.. & Cuban Tobvtc._.. 8 | Cuneb P pf (61:)_ 08 | Cusi Mex Mining_. » x s . 6 2 0 s Dayton Rub (11) . Detroit Gasket(1). Detroit Gasket pf B ww (1.20)____F Det Pap Prod 1256 Dictograph(alsc). Doehler Die- Casting (a50c)_. F 1 Dow Chem (2.40)_ . 2 Driver Harris(1)-" 1 Eagle Pitch L 40c. 10 East'n G&F Asso_ 7 East'n Gas & Fuel Assoc pf (6) __. | Eastn States Pwr. Easy Washing Mach (B) t506 8 Elec Bond&Share. 190 Elec B&S pf (). Elec BA&Sh pf(6). El Pwr Associates Electric Power Assoc (A) allc. Elec Pwr & Lt 2d pf (A).__. Elec Sharehold’, l Empire P pt asoc. Emsco Derrick(1) Equity Corp European Electrio Ltd bdrts__. Evans Wall Lead_ Evans Wall L pf_. Ex-Cello Air albe- Falstaff Brewery.. Fanny Farmer Candy (50¢) . Fedders Mfg(1%) Ferro-Enam (al). Fidelio Brewery._. Fisk Rubber. Fisk Rubber pf___ FlaP&Lpf.- ... Ford Motor Ltd (218 1-106-——. | Ford Motor (Can) A (a76c). " 4 Ford Motor (Can) B (a75¢). 50s Froedtert Gr& M conv pf (1.20)..160s Gen AllOYS.eaceae & Gen Gas & Elec conv pf (B) ... 3008 Gen [nvest Corp.. & Gen Teleat0c.... 6 Gen Tire & Rub_ 4 Georgla Pw pf (6) 1608 Gilbert (A C)auee. Gilpert (A C) of (13%)___.. 208 Glen AldenC (1).. 2 Goldfield Consol. 7 Gorham pf ww.. Gorham vte ex(1). Grana Nat Films_. Gr Rap Var t60c.. Great Atl & Pac Tean-v (16) ... Great Northern Paper (1) . Greenfield T & Gulf Ol (1) .. Hall Lamp (a20c). Harvard Brewery Horn&Hard 11.60. 325 Hudson BM&S (1) 16 Humble Oil (t1)_. ¢ 635 63} Huyler's of Del T$ ot ltn (@)... Wl llK lil( fll‘ By e s a0 aois canik [ 2 6 1 1 1 2 3 608 1 508 8 . 608 0y 25 16% 435 60s 116 116 116 31y 1% 81y 9 8% 9 9%y 95 95 6 6 6 4 “ 4 83 85% 36 233 28 284 6 2608 19 8 4 | Penn Sugar._ THE EVENING STAR, WASHINGTON, D. C, Stocks ana Sales— Dividend Rate. Add 00. Il Pw&Lt $6 pf...4008 1mp Oil Ltd coupon (t50c).. [ 2 Imp Ofl Ltd reg (+50¢) .. A ) Ind Pipe Line 400. 6 Ind Service 7% pf. 20s Indus Fin7% pf_.100s 1ns Co of N Am(2)260s intl Hydro Elec Systemevpf___. 2 Int Mining (60¢).. | 1 Intl Petro (t135).' 8 Intl Products. Intl Utl (B).. l 2 Intl Vitamin t40c_ Interstate Power Iron Fireman (1)_ 50s Irving AIrCh (1)- 2 Jacobs(F L)Co(1) 2 Jersey Cent P& L 5% % pf____ 1008 Jones &Laugh Stl. Kans City P S vta. Kansas City Pub Sve vtepf A__. Ken-Rad T&L(A). Kingst'n Pral0c_. Kileinert Co(t20c). Kreuger Brew (1). Lake Shore M (4). Lehigh C&N(30¢c). Leonard Oil Lion Oil & R Lit Brothers.. i's Long Island Light 94 Long Is Lt pf A 7.100s LaLand (40c).__. 4 La Pw&Lt pf(6).. 25s McCord Rad (B) Mangel Stores Marion Steam Sh.. | Mass Util Asso___ Memphis N G a20c Merritt Chap & S_. ¢ Meritt Chap & S PL(A).__ Mex-Ohio Oil__ r Mich Bumper C'p.. Mich Gas & Ol | Michigan Sugar... Middle States Petrol vte (A)-. Middle States Petrol vto (B)__[ 3 Midl'd Stl Prod(2) 1 Midvale Co (a2)_. 50s Mining Co (Can).. 19 Minn Min&Mf(11)800s Mohawk Hudson 1st pf (4)___.. 2008 Mohawk H 2d pf_.2758 Montana-Dak Util 2 Mont Ward A (7). Mount Prod (60c). Mueller Brass 80c. 4 1 Nat Gypsum (A)w. p 1 Nat Investors_.._ £ 1 NatInvestwar___ ' 3 Nat Mfrs & Stores 2 Nat P & Lt pf (6).1608 Nat Rubber Mach. . & Nat Service. Nehi Corp NJ Zine (12 Newm't Min t NY & Hond (11)_. io- N Y Pw&Lt pt (6) 108 N Y Shipbldg._.... 2 N Y Steam___ 1 NY Telpf (6%)_. 268 N Y Water Svc pf 100s Niag Hud Pwr___. 39 Niagara Hudson Pwr (A) war__. Niagara Hudson Pwr (B) war._. Niag Sh MdB a10c Niles-B-P (ajlc)_ Nipissing (as0c)_. Noma Elec (a40c). North AmL&P__ North AmML&P pf_ Nor Ind Pub Sve 7% pf (3%5)-—__ Nor States Pwr A. Okla Nat Gas Co.. Okla Nat Gas pf__ Outboard Mot (A) Outboard Mot (B) Pacific Eastern ___ Pacific Litg pf (6)- Pac Public Sve_.—. Pan-Am Alr (1)... ' Pantepec Oil_. 10 1 2 2 . PennP&L (7). Penn Salt (13). Penn Wat & P (4). Pepperell Mfg (6) Phila Co (80c) .. Phoenix Secpf A 3 Pie Bakerijes(60¢). Pierce Gov (albc) Pines Wintefront. Pioneer Gold Min; Litd (80¢)_ Pitney Bowes 40c. Pitts BELE(1%)_ Pittsb'gh Forgin, Pitts& LE t2% Plough Inc (1.20). Potrero Sugar.._. Powdrl & Alx 60c_ Pratt&Lamall _ Premier Gold t12¢ Producers Royal_ Prosperity Co (B). Prudential Invest. Pub S Colo pt (6)_ Puget Sound P&L DS (5)—. Puget Sound Pwr Pyle National (1). 26s Pyrene Mfg (80c). 1 Quaker Oats (14). 10s Quebec Power (1) 2008 Raym’d Concrete. u- Reiter-Foster Reybarn Co a. Reynolds Invest_. Richfield Ol of Calif ot (d)_ Roosevelt Field.__. Root Pet'm(a25c). Rustless Ir & Stl_. St Anthony Gold.. P St Regis Paper pf. Salt Creek P(80c). Segal Lock & H__. Sefberling Rubber Selected Indus Seversky Afreraft Shattuck Den Min Shawinigan Wat & Power (60¢) - Shenandoah Corp. Shenand’h Corp pf Sherwin-Will (4). 508 Sherwin-Will'ms of new (5)__. 101 Sherwin-will'ms of Canada.. Smith Corona vic_ So Penn Of1(t1%). Spencer Chain Stores (60c) - Square D of A 2.20100s Stand Dredg cv pt 50s Stand Inv cum pf. 608 Stand Oil Ky 1.40. 8 Stand Oil Neb_... 2 Stand O11 0 a26s.. ¢ Stand Pwr& Lt_.. 14 Stand P&L (B)--_ 1 Stand P & L pf .. 2008 Stand Prod (a25c) 2 Sterchi Bros...... Sterchi Bros 1st pf (3)--. Sterl'g Brew a25o. Sterling Inc(abe). Stetson (J B). Stuts MOtOT-ceee 2 Sunray Oil (5¢)__- 19 Sunshine Min (2). 16 Swiss-Am Elec pf 1808 Swiss Oil (40¢c) Taggart Corp... Tasteyeast(Del) A Taylor Dist (b5c)- Technicolor Inc Tech Hughes t4 Tenn Elec Pwr 18t pf (7). 608 Texas Gulf Prod.. 2 Texon Oil &L 60c. 4 Thermoid Co pf__.100s Tilo Roof al2%c.. 4 TichmanR&C_.. 1 Tob Prod Ex(10c) & Todd Shipyard (2) 60s Trans-Lux Daylite Pic Sn (20¢) - ‘Tri-Contl C war... ‘Tubize Chatillion. l ‘Tubize Chatl (A)a. Tuneea Lazmna ke ] 1 1 2 268 5 L 008 ] 1 NEW YORK CURB MARKET flllh. h' Ol 66} AMOSKEAG PLANT SALE IS APPROVED Creditors and Bond Holders Favor Purchase by Man- chester Group. Ry the Assoclated Press. BOSTON, September 15.—Creditors and bondholders of the defunct Amos- keag Manufacturing Co. today ap- proved sale of the firm’s huge Man- chester, N. H, plant to & group of Manchester _citizens for _ $5,000,000. Referee in Bankruptcy Arthur Black approved the action. The Manchester bankers, business men and industrialists, organized as Amoskeag Industries, Inc., already have paid $500,000 as first payment for one of the world's largest textile mills. Under the terms of the sale Amos- keag Industries, headed by former Mayor Arthur E. Moreau of Man- chester, will acquire the entire hold- ings of Amoskeag, mm the excep- tion of quick assets. Final approval of the sale by Fed- eral Judge George C. Sweeney, who % | ordered the firm liquidated last July, o] 3! 8% 9% 2% 43 hfl! A AT ’ ’ is expected next week, members of the Manchester group said today. The Amoskeag plant, which once employed 20,000 workers before closing a year ago, will be sold and leased by the new corporation operators, who guarantee to use the mills nnd employ Manchester labor. Liquidating trustees of the com- pany, Frederic C. Dumaine, managing director of the defunct Amoskeag firm; Joseph P. Carney, New England R. F. C. director, and W. Parker Straw of Manchester, accepted the Man- chester citizens’ bid for the plant two weeks ago, subject to Black's approval. QUALITY OF VIRGINIA SWEET POTATOES GOOD B the Associated Press. RICHMOND, Va., September 15.— J. H. Meek, director of the division of markets, said a larger percentage of sweet potatoes inspected in Virginia this year are meeting the require- ments for the United States grade 1 than ever before. The State inspections, he said, showed that the crop this season is generally superior in quality. The volume officially inspected will “many times exceed the volume officially in- spected in previous years,” Mr. Meek estimated. Although the national production of sweet potatoes is estimated as lower than last year, the Virginia crop is expected to considerably exceed the 1935 Virginia production. e SHAW TO BE PARTNER OF FENNER & BEANE Erecia]l Dispatch to The Star. NEW YORK, September 15— James F. Shaw, for 12 years a partner of Abbott, Proctor & Paine and its predecessor firms, will join the firm of Fenner & Beane, members of the New York Stock Exchange, as a general partner on September 15, it was announced today. Mr. Shaw with- drew from his former firm last May. Long prominent in the development | of New England public utilities, Mr. Shaw served for three years as presi- dent of the American Electric Rail- way Association. He was also formerly active in politics and for three years was a member of the Massachusetts State quarters in the New York office of Fenner & Beane. -—— QUITS SAFETY CAR POST. NEW YORK, September 15 (#).— Herbert A. May has resigned as vice president of Safety Car Heating & Lighting Co. to become vice presi- dent of Union Switch & Signal Co., with headquarters in Pittsburgh. May will retain his interest in Safety Car | and will continue as a director, RUG PRICES ADVANCED. NEW YORK, September 15 (#).— Artloom Rug Mills, a division of Art- loom Corp., which has headquarters at Philadelphia, announced a general price advance of 5 per cent on all lines, effective September 16, U. §. TREASURY NOTES. (Reported by Chas. D. Barney & Co) o S Maturity, Bid of It it bt = o Stocks and Sales— Dividend Rate. Add,00. Tung Sol Lamp pf (80c) new._.. Twin Coach a20c.. Union Gas of Cana (a22%c). High. Low. Close. 12 1Y% nY% 18% 1834 13% 1234 123 1734 8y 134 'IA 4 9 Unit COrp War.e.. 16 Unit Gas Corp-... 271 Unit GasC war__. 26 Unit Gas pf($1%) 2 Unit Lt & Pw (A). 12 Unit Lt & Pw pf. 1 mgfinuanmh Unit Milk P a0c.. 268 Unit Milk Pr pt 268 United Molass Ltd (a13 2-5¢ 3 Unit Profit Share_ Unit Shoe M 1231008 U S Foil(B)(80c). 8 U S Lines pfo..... I U S Radiator..... U S Radiator pf__. m. Unit Stores vte__ Unit Verde Ex (1) 13 Unit Wall Paper.. | 26 Univ Pictures..__ 1 UtahP&L pt (32.91 2-3¢) 1608 UtilitlesPwr &Lt 4 Utllity Equities... 2 Venezuela Mex O_. Venezuela Petrol_.. Va Pub Svepf (7). Senate. Mr. Shaw will make his head- | ¢ Waco Aircraft.... Walker Mining. Wayne Pump... Went'w'h Mf 1.2 W Va Coal & Coke. Westn Air Ex(n) . 8% Western Auto Supply A (3)... 80s 67} 5734 West'n Md pf.... 1208 103 100 Willlams O11-0- 1K 1y 9 9 Matic (a25c)__. 2 Williams RCalse 1 pf__ Woodley Pet(40c) Wright Harg t40c TYoungstown Steel Door (a25¢).. 873 87 Yukon Gold_. “ K flu An- \ TUESDAY, SEPTEMBER 15, 1936. FINANCIAL Trend of Employment and Pay Rolls in Manufacturing Industries 1919-1936 % Wy A 8 ‘4 ‘B % N B V.V SOURCE OF DATA: U. S. BUREAU OF LABOR STATISTICS Insurance Sales Rise 3.6 Per Cent Above Year Ago By trie Associated Press. NEW YORK, September 15.—New life insurance production during Au- gust was 3.6 per cent more than in August of last year, the Association of Life Insurance Presidents reported. New paid-for business of all classes, exclusive of revivals, increases and dividend additions, of 40 companies having 83 per cent of the total life in- surance outstanding in all United States legal reserve companies totaled $669,685,000, against $646,371,000 dur- ing August, 1935, For the first eight months the total new business of these companies was $5,787,067,000, against $5,995,231,000, a decrease of 3.5 per cent. —_— LOSS IS REDUCED BY AVIATION CORP. $174270 Deficit for Half Year Compares With $195,408 in 1935, By the Associated Press. NEW YORK, September 15.—Avia- tion Corp., Cord Corp. affiliate, re- ported today for the six months ended June 30 consolidated net loss of $174,- 270, compared with $195408 in the like 1935 period. The company, in- corporated to engage in all phases of the aviation industry, is primarily a manufacturer of aircraft and has its headquarters at Chicago. CHICAGO LIVE STOCK. CHICAGO: September 15 (7 (U. pariment of Agriculture). —Hog including 3,000 direct: siow. xs-ca lower than "Monday's average: ligh most: sows steady to 10 lo fome held higher: Bulk 100-250 10.50a10. 08 Bounds. 10168105 best 160-pounds, 10.25. most sows. 8.50a Cltl]! 10.000: (nh’ls 2.000: yearlings and light steers active, strong to 25 higher, bulk yearling and lisht steer rob" soid on early round: medium weight and weighty steers steady to su'm-nll 5 finished offerings Pounds: but goin w on “Tiddle-giade 1°400-1.800 poung_averages: “tob. . 10 25, | Baid_for ‘lignt cattle: some’held higher: 10.00: some 1.350- otnd averages st 1000 mixed steers and 10.00: also all heifers firm: cows steady. bulls fairly dy own: vealers uney 10.00a10.50. Wit ots e 1100 about 3800 Westorn erassers: supply mainiy well-bred stockers and feed- ers and good'to near choice grade Sheen “°7f 080" Mcfudine 00 “Alrect: fat_lambs slow after moderately active start; bids and sales at mid:session wenk to 25 lower: most native bids. 9.25. held upward to .50 and above: good Westerns sorted 33 per cent. 9.00: sheep and feeding lambs steads: top 63-pound feeding lambs. killers”after well: NEW YORK SUGAR. YORK. September !5 sugar was unchanged early to for spots with no sales reporte & moderate quality offer: b hteTested at while buvers were from 360 to 362 tures held steady in moderate trading. There was little fation in prices wit business principally in the transfer of interest from_the near to the more distant ositions. . September sold at 272 and anuary at 249, or net uncmnud. and held around these levels at midda. Houses with Cuban connec(lons ‘were credited with selling September and buying January. while other trade and commission houses gid the reverse apin refined prices were listed at 475 for ranulated by all refiners, with a fair hdramal demand Teported. MONTREAL SILVER. MONTREAL. September 15 (®.—Silver utures opened steady. unchanged to 25 ower. . September. 44.50b. December. 44.50b: March. 44 50b. b—Bid RESERVE BOARD ISSUES CONDITION STATEMENT By tre Assoctated Press. The Federal Reserve Board's con- dition statement of weekly reporting member banks in 101 leading cities gave the following summary of the principal assets and liabilities on September 9, together with changes for the week and with the same week last year, in millions of dollars: Sepgall +2.459 70 Sept. 9. Loans and invest- ments—total Logns to brokers and dealers: In_ New 1,028 + 213 Sept. 70 8 + 150 ties to others (cxceot banks) 2 Acceptances d v fent direct ob- igations Obligations fully uaranteed by 8. Govern- ment Other gecurities in vault Balances with do- sits . 8. Government denau( Inferbank deposits: Foreign by Borrowings _ + o4 4 A+ ++t e — NEW YORK BANK STOCKS | 'Ek ber 15 (P —New Association- (Quotations as of 2 OClock.) id Bank of Man (113) _ 1 Bankefs' 1t (2) = S B ‘& @- Chase Nat (140 Chem Bk & Tr (1.80) Commercial (%) Cont Bk & Tr (858) Corn EX Bk & T () Empire Tr (1) First Nat (Bow) First Natl (100) Guaranty Tr (12) __ Irving Tr (.60) Manutacturers! o) anufacturers’ Tr 2 Natl ity (1) s Asked. 3 @) s Détlared or paid so far 1his year: — FEDERAL LAND BANKS YORK. September 1 —Fed- enl Land Bank bon DDl (Quotations as of 2 o'clock.) U. S. TREASURY POSITION. By the Assoctated Prns of Tre : 2 n Recrmls Sl 321 420 ex- 21,242,120.50; "balance. S1.- 790.120.642.60.' " Customs receipts for the month. §12.887.492.21 Receipts Tor the fiscal year (since July ) 3.568.46: "expenditures 237, 514 G558 (including 47 049.38 of emergency expenditures): of expenditures. ' 455,201,126 03 debt, S35 wrsfl a decrease of 4 83 the_ Pjvious day. Ehid tesets. 21024 n0b 57005, —_——— FOREIGN MARKETS. LONDON. Sept. 13 (® —Stock traders Daid less attention to the forein situa- tion today and the list in general moved to higher ground. Trans-Atlantic shares | were in demand. especially United States Steel and International Nickel issues. The industrial group was firm. with motors and ravons selling higher and oil stocks. home rails and mining securities scoring ‘The po: on_ Sep- tember 12 penditures excess Gross Continental Oil Board Announces Extra of 25 Cents By the Assoclated Press. NEW YORK, September 15.—Conti- nental Oil Co., with marketing outlets in 27 States and principal producing properties in Oklahoma, Texas, Kan- sas and California, announced today an extra dividend of 25 cents and a regular quarterly dividend of 25 cents on the capital stock, payable October 31 to stock of record Oc- tober 5, —— PARAMOUNT BUSINESS REACHES 5-YEAR HIGH By the Assoclated Press. NEW YORK, September 15.—Busi- ness of Paramount Pictures, Inc., hit a five-year high last week, Neil Agnew, | vice president, said today. Film rental grosses were 35 per cent ahead of the figures for the same period in 1935, he said. FREIGHT LOADINGS. NEW YORK. September 15 (P .—Rev- enue freight cirlosdings on railroads e porting today for week ended Septembe: 12 included: Week Prev. Sept. eek e. Mmc.m Pacific | Santa Fe _ Wabash Illinois Ceptral -~ & Northw *Ore loadings not incl: \lfltd FOREIGN EXCHANGES. NEW YORK. September 15 fiem exchange quiet: Great Br ces Britain flemlnd 5.08%: cables. bill France. de- s, Italy. de- Germany. : Bpain. Greece. 0.9413; Czechoslovakia, Austria. _18.86n P Auenum ai Poland. Yugoslavia Hong! S: " "Montreal in York, xofl 03%: New York in Munm-l 99 8678, a—Nominal. — MONEY MARKET. NEW YORK. September 15 (#.—Call money steady: 1 per cent all day. Prime mer 3, per cent. Tim x months. 1i4 per acceptaices’ un- changed. Rediscount serve Bank. 1'a per cent RAILROAD INCOME. NEW YORK. September 15 (P .—Ra! roads reporting August net overating come (before fixed charges and other in- come) today Included: 1935, 1036 Erie $1.366.457 $755.241 . NEW YORK PRODUCE. NEW YORK. September 15 (3.—Butte 15, snsetiled” ‘cresmers. extra | fArsts (88-01 score) S50 Sontraitzed 5o other prices, unchanged cn 233 34Yata; unchanged. zeq colors score), average | colors un- | stes {reight. nroneu Rorks. freight prices unchanged. RUBBER FUTURES. advances. Foreign bonds sold lower. PARIS —Trading was irregular in the Bourse, bank and electrical shares selling at higher prices, while rentes declined | 15 to 35 centimes. NEW YORK. September 15 (P .—Crude rubber futures opened quiet. 1 higher to 1 Jower. September unauoted: Decem! 16.51: March. 16.60b. one 313 'u Mexico | rate. New York Re- | SEARS MAINTAINS RECORD VOLUME August and Early Septem- ber Sales Continue at All-Time Peaks. By the Assoclated Press. CHICAGO, September 15—Sears, Roehuck & Co. today reported sales volume through August and in early September continued to run at the best level in the company's history. Cumulative sales for the current fiscal year were the highest for any corre- sponding period on record. For the eighth period, August 14 through September 10, Sears reported total sales of $37,047,510, an increase of 32.7 per cent compared with the corresponding 1935 period. For the eight periods, January 30 through September 10, sales totaled $288,344,391, an increase of 25 per cent compared with the corresponding 1935 period, —_— DOLLAR IS UNCHANGED IN LONDON DEALINGS By the Associated Press. LONDON, September 15. — The United States dollar closed unchanged at 5.06'z to the pound in an inactive forelign exchange market today. compared with the overnight New York rate of 5.06%;. French francs also closed unchanged from yesterday at 76.93 francs to the pound, PARIS, September 15 (¥ —Three per cent rentes, 64 francs 70 centimes; 42 per cent rentes, 68.05. Exchange on London, dollar was quoted at 15.19. 76.94. Th CHICAGO PRODUCE. CHICAGO. September 15 (# —PoL live, 43 trucks. weak: hens. 4 17" less than 3127p hens. and W i 4 coforea broilers partly Russet Burbanks Colorado Bliss Ti few Nebraska _Cobblers. : Bliss Triumphs. pa PHILADELPHIA PRODUCE. PHILADELPHIA s:g Dressed poultry unchanged, NEW YORK BAR SILVER. NEW YORK, September 15 (#).— Bar silver steady and unchanged at 4434, Property Management I“ISTEAD of burdening your- self with the details of management of your apartment house and residential properties, let our Property Management Department carry on for you. Specialized service—moderate B. F. SAUL CO. 925 15th St. Nat'l 2100 Mortgage Loans This appesrs as & maiier of record only end is wnder no circumstences to be consirued as an offering of these Bonds for sale, or as em offer to buy, or as & solicitetion of en ofier to buy, eny of suck Bonds. The offer is made only by means of the Prospectus. NEW ISSUE $55,000,000 Bethlehem Steel Corporation Consolidated Mortgage Thirty Year Sinking Fund 13%% Bonds, Series E To be dated October 1, 1936 To be due October 1, 1966 OFFERING PRICE 98'2% AND ACCRUED INTEREST TO DATE OF DELIVERY, TO YIELD OVER;3.83% TO MATURITY Cofic:o[IHMnMIrumndmiMafiuaydurwwdl&&m, Kuhn, Loeb & Co. Brown Harriman & Co. Incerporated 7 J. & W. Seligman & Co. Details a3 to the terms of ofiering ond & statement as to purcheses ond ssles of the Bonds or of other securities of the .u-uc-ma:mmfi‘m./waua,nnmwmm ond Edwerd B. Smith & Co. as represeniatives of the several Underwriters, for their several September 15, 1936, Edward B. Smith & Co. Mellon Securities Corporation The First Boston Corporation G. M.-P. Murphy & Co. ers, or b: ulho-uuhcnm appear in the Prospecius. Corporation which mey y Kukn, Loeb & Co. accounts,