Evening Star Newspaper, September 22, 1936, Page 19

FINANCIAL. FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, TUESDAY, SEPTEMBER 22, 1936. NEW YORK CURB MARKETT\( Fpi VOTE e EXTRA DIVIDENDS| kxxx A_10 TRAILERS T0 GET PLAGE AT SHOW CURB LIST GOES 0 HIGHER LEVELS Stocks and Sales— Dividend Rate. Add 00. Hish. Low. Close. AeroSupply (B).. 4 3% 3% 3 Ainsworth (2) 1 68)4 Bl Air Investors Ine. 6 3§ 3 Airinvincwar... 2 % Ala Pwr pf (6)__ 608 Alabam Pw pf (1) 10s Beer Drinking Is Increasing—July Set a New Post-Prohibition Record Gen Tire & Rub. Gen T&R pf A (6). b0 Georgla Pw pt (6) 76 Glen AldenC (1).. 8 Gorham vte ex(1). Grand Nnt Films. 3% 3% 823§ 734 nK Advances of Fractions to Around Two Points Are Registered. By (he Associated Press. NEW YORK. September 22.— Etocks moved forward fractions to | around 2 points in the Curb market today. Gainers included Aluminum Co. of America, American Cyanamid “B" American Gas & Electric, Cord, Elec- tric Bond & Share, Gulf Oil, Fedders Mfg.. Sunray Oil, Sunshine Mining, Wayne Pump, New York Merchandise snd Stetson. Practionally lower were Bunker Hill & Sullivan, Lake Shore Mines. New- mont Mining, Niagara Hudson Power, Pan American Afrways and Sherwin Williams. Quebec Power yielded sbout a point, Ad\‘(;;;siné T;tal Off 1.8 Per Cent From 1935 Level | By the Assoclated Press. CHICAGO, September 22.—The pub- lication Adyertising Age reported its index of retail activity showed a de- | crease of 1.8 per cent in retail adver- tising for the week ended September 12, compared with the same week a vear ago. It was said to be the first decrease shown in 29 weeks. ‘The figures showed that in 67 cities measured retail advertising volume for the week totaled 17.260,469 lines, com- pared with 17,585,673 lines during the | corresponding week of 1935, OYSTER OUTPUT RISES. | BALTIMORE. September 22 urtfl The Conservation Commission an- nounced today that oyster production | in the seasog 1935-36 totaled 2.406.- | 452 bushels, an increase of 237,663 | over the previous year. These figures | represent the number of bushels of | oysters taken in Maryland on which | the 2 cents per bushel tax is paid. CURB BONDS | DOMESTIC BONDS. High Iu;p #13¢ Low 1 2 Alabama Pw 4'as “l | | Alabama Pow 0§ Aluminum Co 5 Aluminum Lvd B0 7ok Can 35 Bell Tell Can D5 & 160 Brmngm 4las B8 R Can i Canadian_Pc Carolina P&L Cent Ll PY 412 Allen Indus (t1).. 10 25 Alum'n Coof Am_ IlMllln‘ 1325 Aluminum Co of Am pf ($4%).7608 um 119% 5 Alum’n Ltd Alum’n Ltd cu pf_ Am CitiesP& L A (3) Am Cities Pwr & Lt(A)ww (2%) AmC Ph L 1 )00 -1008 2 Am Cynlm B6oe.. Am G&E (1.40) Am G&E pf (6) Am Gen Corp Am Gen pf (2 Am Gen C'ppf(2) 1508 Am Laun Mch 60c 3 Am Lt&Tr (1.20) . Am Superpower._ Am Superpwr pf—_ Anchor Post (d) . Apex Elec Mfx Appalachian El Pwr pf (1) - Arcturus Radio T. Ark Nat Gas cu pf Ark Nat Gas (A).. Art Met Wks 60c Asso Elec Ind Ltd (229 7-10€) e As330 G & Elec. AssoG&E (A).. Assoc Invest 1115 600s Atl Coast Fisher . 30 Atlas Corp (a80c). 13 Atlas Corp war 13 Atlas Plywd a50 Austin Silver Auto Vot M(+50c) Ax-Fisher(3.20)A Babcock& Wil (1) Baldw L bd rts(d) | BellancaAireraft. Berkey & Gay Furniture Co. Berkey & Gay Furn pur war. Bickfords Ine (1). Black & Decker_.. Bliss Co (E W) ... Blue Ridge Calle Blue Ridge cv pf 3 Blumenthal § Bower Roller Bearing (al%). | Braz T L&P a30c_. | Bridgep't Mach... | Brill Corp (A) Brill Corp (B) Brill Corp pf Brillo Mfg (604 Brown Co pf.__ Brown Formal Buffalo Niag & B P pt (1.60) Buffalo Niagara & Estpt 1t pf(5 50s 106 | Bulova Wevopf_ Bunker H&S 12___ Tos Burco Inc Butler Bro: Cable El Prod vte Can Hyd El 1st pf. 908 Can Indus Alco A~ Can Marconi _ Carib Syndicat Carman&CoB .__ Carnation Co (1).. arrier Corp - Casco Product: talin Corp. Celanese 1st pf(7) Celluloid Corp pf Celluloid 18t pf 34 |Cent HG&E vie (80€)______. Cent& S W Util__ Cent States Elec_. Central States Electric 7% pf_. T8s Centrifugal P 40c. 1 16 1n Cin Str Ry s B Cittes Service 3s s 4 om Suy 3’5 A Comnty P& Con Gas Ut 6s A VE 55 A w izt 2105% 105% 1053, S10812 1043 1041 SI0 10215 1021 Pw hiersia Bw Intersta_Pw b5 Interst P8 4'.s ° Iowa-N LP 55 '5 Towa Pb Svc 5 Jacksonvl Gs Jamai WS 5ias Jers CP&L 4155 C Kentuck U 5% H ° Ken Util 5'55 P Koppers G&C 55 Koppr gac ooy ue Nu s y McN&L B3 Lon, So3Sxa 33335335 3 > Frer 20295552233 SSSF-EZE 5555345355 S35 SRR Ran D 2 233222 ohes S3=ERIRR2XE SRR - - S errre > ge3mas2s252 eIy o 0P 525 ®a o, =0 8328822 £ S G 352105, 3 133 LS 25213 5m 005 0. 3223 2 ¥ ¥ 2R2IBR3 wi—When issued. {gge'h'-flni impaired by maturity. mpanies reported in receivership. | Colon Develop Co | Cont Roll & Steel | Cooper Bessemer._. | Cooper Bess of A_ Chi Flex Shaft 13_1960s b | Chicago Rivet & City Aut Stpg 60c. Claude Neon Lts_. Clev Tractor . Club Aluminum __. Colon Develop Co Ltd (The) Ltd pf (The) _. Coli's PKA (1Y) Columbia Ga. Elev cv pf (5)_. 426 Columb Ofl & Ga iz Com'with Eo (4)_. 3 Com'with& S war 10 Comty Pb Sve (1) 1008 Communit WatS. & { Compo Shoe Machste(bfe). 2 Consol Alrcraft. 61 Consol Cepper_... 20 Consol o( Balto (3. 4 Consol M & § (!)A 4008 Consol Retail Strs 8% pf (14). 10s Contl Gas & Elec prior pf (1) ___ 508 Foundry __. 400s 3 1 Copper Rang Cord Corp__ Corroon & Cosden Oil Me (d) Cra Co. Creole Pet (a25¢). Crocker Wheeler. Croft Brewing_ ... Crowley Milner __ Crown Cent Pet_.. Crewn Cork Intl (A) (11) a | Crown Drug a20c. Crystal Ol Ref__. Cuban Tobvte___. * Cusi Mex Mining.. Darby Petr (50¢). Dayton Rub (t1) .. Derby Oll& R ... Derby Oil&Ref pf_ Detroit Gasket(1) Detroit Gasket pt ww (1.20) ____ Detroit Gray Iron Foundry (20c) _. Det Pap Prod t250 Det Stl Prod a50c. Diamond Shoe (2) 76 Dictograph (a1sc). Distillers Co 1.td (246 4-5¢) Doehler Die- Casting (as0c) .. Dow Chem (2.40).. Driver Harris(1) - Dubelier Conden: Duval Tex Sulph... Eagle Pitch L 40e. East'n G&F Asso_ East'n Gas & Fuel Assoc ptf (6) ... 3609 Eastn States Pwr. 3 Kastn Sta Pw (A). 3 Easy Washing Mach (B) téoe 10 Edison Bros(1.68) 1 Eisler Elec Corp. Elec loMA:fwn m 2 26 3 17 2 2 Elec lhmluld'c. Elec Sharehold of ww (13)___100s X bl:.- Fedders Mfg (al). Ferro-Enam (a1). Fidelio Brewery... Fisk Rubber_____. FaP&Lopf .. Ford Motor Ltd (218 1-300- Ford Motor (Can) A u"k). Gr. I 2§ 0% 2 2 B2t Gen Alloys Gen Firepr'f 140c. Gen Gas & Elec conv pf (B) ... 1 Gen Invest Corp.. Gen Out Adv nf__ 626 lfl Gen FPub Sve pf 36 100 34 .-5 ....!.. 35 3% N 3 11734 1176 1173 s 31 3 583 100 106 s L] 1% C* 93¢ 236 2E Be® 7 g Bad%: 3RgEt 8 GgeE 100 L % | 4% 263 | 2014 344 “y 23% | 21% | 12% 29% 2634 . 8% 12K ™ 61 8934 | Sonotone C(al0c). 134 100 “ Great Atl & Pac Tea n-v (+6) Greenfield T & D.. Gulf Ofl (1) Gyp Lime & Ala- bastine (Can). Hall Lamp (a20c) Haloid Co (11) .. Harvard Brewery. Hecla Min (60¢c) - Helena Rubenst'n Hires (CE) A (2).1508 Hollinger Consol Gold M Ltd t65e. 6 Holophane (aésc) 1 Hudson BM&S (1) b2 Humble Oil (t1).. 38 Huyler’s of Del... Hygrade Food .. Hygrade Syl (2)_.100. 1) Pw&Lt $6 of _ 4008 Illum Shrs(A)(2). 2bs lmp O1l Lud eoupon (t50¢) .. Imp Oil Litd reg (460 .- . Indian Territory MumOil (A) .. 1 Indus Fin 7% pf__ 26a ins Co of N Am(2)250e intl Mining war_. Intl Petro (t13§). Intl Util (A) . . Interstate Power (Del) pf 1ron Fire irving Alr Ch (1)- Jacobs(F L)Co(1) Jersey Central P&L(T) . Jonas & Naum._ Jones &Laugh Stl. Ken-Rad T&L(A). | Kingst'’n Praloc Kirby Pet (20¢) ... Klein (DE) (11) .. Kreuger Brew (1) Lake Shore M (4). Lakey Fy & Mach. Lefcourt Realty f (a75c) | Lenigh C&'\(lfle) Leonard Oil Lion Oil R (a30e). Lt Brother: Lockheed Atrcraft Lone-Star Gas ¢0c Long Island Light | Long Is Lt of A 7 Long Island Light PEB (6) _ La Land (40e) ... Lynch Corp (1) McCord Rad (B) McWilliam Dredg Marion Steam 8h. Massey Harris __. | Master Elec (60¢) ‘ Memphis N G a20e | Merch&Mfr A alse Merritt Chap & S Mesabi Iron 115 9 1003 6% 264 . 1144 » 8% o 8% 24% 2 . L] 2 1 ‘ Mex-Ohio O Mich Bumper C'p. | Mich Steel P (1) .. ; Michigan Sugar._ | Michigan Sugar pf | Midr'd St'Prod(2) | Middle States Petrol vte (A) .. Middle States Petrol vto (B) Mining Co (Can) Mohawk H 2d pf . | Molybdenum Corp Mon Dak Util Mueller Brass S0c. Nat Auto Fib(t1). Nat Baking Co Nat Bella Heas | Nat Fuel Gas (1) Nat Gypsum (A)- Nat Mrrs & Sioren NatSugarNJ (1) Nat Transit (T5¢). | Nat Union Radio_. 1% | 1234 | 9y Neptune Met (A) Nev-Cal Fl pf(17) 80s | New Brad O al0e. | New Haven Clock. N J Zine (12) ... i80s New Mex&Arizld 1 Newm't Mint1% . 8 N Y & Hond (11)_.200s N Y Merch (12) _. 1 N Y Pw&Lt pf (6) 10s N Y Telpf (6%).. 608 Niag Hud Pwr_ 23 Niagara Hudson Pwr (A) war __ 11 Niag Sh MdBalbe 3 Niles-Bem-P (al). 6 Nipissing (af0e)_. 2 Noma Elec (ad0c) 41 North AmL&P pf.100s | North'n Ind Pub Sve 6% pf (3) ”l North Pipe L(30c) Nor States Pwr A. Novadel Ag (3)... 1 Ohio Oflcupf (6). 8 Ohio Pwr pf (6) . 10s Ohio PS8 pf A (7). 108 Okla Nat Gas pf__100s Oldetyme Distil _. 2 Outboard Mot (A) 2 Overseas S (a50c). 1 404 11234 11234 12134 1213 FORT % 13}y u 3635 109 1083 N1 11y mm 109% {30k [ 174 174 B % o 8K of (1.37%e)...! 8 PacificG&E 1stof (1%).._. 10 Pac Tin spec (13) 1008 Pan-Am Afr (1) 3 ‘Pantspec Oil 26 Param’t Motot 2 PatPlym M ( Pennroad (b20e).. 43 Pepperell Mfg (§) lo- Phila Co (60c) _ . Phillips Packing.. Phoenix Seeur. Pie Bakeries 180e Pioneer Gold Mines Pittsb’gh Forging. Pleas Val Wine Plough Ine (1.20) Pratt & Lam a13%_ Premier Gold t12c Producers Royal. Propper McCal(d) Prosperity Co (B) | Prudential Invest. Public Svec Okla prior lien ( Pub Svs Ind p! Pub Svs Ind pr Puget Sound P&Lpf(5)-_.1008 Puget Sound Pwr & Lt36 vt 260 Pyrene Mg (30e). 1] 2 Quebec Power (1) Tie Ry&Lt Sec(albe) . 26s Rainbow Lum (A) 1 Raym'd Concrete. 3768 Radia Root Pet'm(agbe). Rossia Intl Corp_. Royal Typewriter. Rustless Ir & 8tl... Safety Ch&L (14). 268 St Regis Paper... 28 8t Regis Paper pf 1208 Salt Creek P(30c) 3 Sanford Mills (4).. lfll Savoy Oil._. Scranton Springs 3—;-.- oy Selberling Rubber Selected Indus.... Selected Indus prior pf (53%) .. 608 Seversky Afreraft 11 Shattuck Den Min n Ui Shenandoah Corp. Sherwin-Will (4). l“l flfl( flfl( llll( Sherwin-Will'ms of new (5) . 10s 11034 11034 “0}‘ =l.n’l;r-cllt (',r)y.;.'lfll 34 3l mith-Corona 1 27% 27 v.t.c. ext (a2be). 9 2 2% 23 (0} 393 dol§ 4 385 204 28% 4 2 4 8o Penn O11(11%). South’n Calif E4 PLB (1%).u .| payable October 1 to stock of record 3% | shareholders of record October 5. They | October 20. North American Rayon and American Thermos Bottle « Actions Taken. Py tre Associated Press. NEW YORK, September 22.—Di- rectors of North American Rayon Corp. today declared an extra dividend | of 25 cents and a dividend of 25 cents on the “A” and “B” common, both September 22. On July 1 the company paid a dividend of 25 cents. The company, affiliated with a Netherlands producer, makes viscose rayon at its plants in Elizabethton, Tenn., and has its bheadquarters at New York. ~ American Thermos. Directors of the American Thermos Bottle Co. have declared an extra divi- dend of $1 a share on class A com- mon stoek, payable October 10 to also declared the regular quarterly dividend of 25 cents a share, payable November 2 to sharcholders of record The dividends will bring to $2 the total distributed on each share of common stock this year. ‘ Norfolk & Western. PHILADELPHIA, September 22 (#). —The Norfolk & Western Railway to- day declared the usual quarterly div- idend of $1 a share on the adjust- ment preferred stock, payable Novem- ber 19 to stockholders of record Oc- tober 31. | SHORT-TERM SECURITIES. | (Revorted by Chas. D. Barney & | Am Tel. & Tel 5'as 1943 Atlanuc Refining os MT ;:; fi? s Tilum. 45 3! Ben Punfl Service A‘I um.n v..lzy Cos! 6 i | Long Islaid 103 a4 | South’n Union Gas 3| Twin Coach a20e_. % U S &Intl Secur... | | 2 er Brog. 6s 1 ar) Western N Y_& Pa. Western Unlon Tel. 5 1038 U. S. TREASURY NOTES. {Reported by Chas. D. Barney & Co) Bate o Maturity hb 15, 2 Aor. 355 =2y 25 35, §§§§§§§§§§§T"“ rististast e §§§§§§5;§§§§§5§§ | RAILWAY INCOME. NEW VORK. September 22 ( —Rail- | roads reporting August net nperating in- | come (before fixed rn-rn. and other in- come) today included | 238, 1935, Union Pacific _ 32481878 32, 166 MONTREAL SILVER. MONTREAL. September 22 (#.—S8ilver Lutures ovencd 'steady and Nnchanged. | Sentember. .50b. _ December. 44.50] Mrenas0n T T mie, —_— Biocks and Bales— Dividend Rate. Add 00. High. Low. Close. Southn ColoPwA 2 & 5 1 s L] | Southl'd Roy 4fe Spanish&Gen rec Spencer Chain Stores (60c) __ Square D pf A 2. Stand Oil Ky 1.40. Stand Of1 O a2fe Stand Pwr & Lt __. Stand Prod (a28c) Stand Sil&Lda2c. | Sterchi Bros Sterling Br (ad5e) | Sterling Ine(aSe) - Stetson (1 B Stroock & Co a7fe. Sunray Ofl (ade) _. Sunshine Min (2). & Swiss-Am Elec pf 1008 Swiss Oil (40¢c)_.. 8 Taggart Corp____. 1 Tasteyeast(De)A 8 Taylor Dist (b5¢). . 8 4% Technicolor Ine_.. ¢ 1 2734 Tenn Elec Pwr 1stpf (7)o Fspzside s 17 1 Thermoid Co pt._ ™4 Thew Shovel Coal 1076s 30§ 26i¢ Tilo Roof (#50c) . 3 13} | Tob Prod Ex(10c) 4 4% Todd Shipyard (2) 50s 46} Trans-Lux Daylite Pile 8n (20¢c) Tri-Contl C wa ‘Tubize Chatilliol Tung-Sol Lamp n. Tubize Chatl (A)_. ‘Tung Sol Lamp Df (80¢) new_.. Unit Afr war__... Unit Corp war.... Unit Gas Corp.. UnitGasCwar___ Unit Gas p2($1%) Unit Lt & Pw (A). Unit Lt & Pw (B). Unit Lt & Pwof__ United Molasses Ltd (218 2-be) .. Unit Profit Share_ Unit Shoe Mach PE%) . U 8 Foll(B) (60e).. vlln(’l 1st pf us Mnu T U 8 Radiator.._._ U 8 Radiator pf._. Unit Stores vte. Unit Verde Ex (1) 1 Unit Wall Paper. . Utah Apex 1 3 Util Pwr & Lt pf_. Sbe Utility Equities.. 8 Utility Eq pf(3%) 100- Utility & Indus pt. Venezuela Pcv.rol_ leno Pump_ Coal & Col 3 w 'w'h Mf1.20. 1 ‘Western Auto . Supply A (3)...180s f_ 10s 1 2 1260 1 i i *s-§ss' )4 sex 100 109 1316 % % 3 1% 134 & Stat’ry vte (1)... Williams O11-0- Matio (a25¢) ... Wil-low Cafeteria Wil-low Cafe pf_. Wolverine Port C.. Wright Harg t40o TYoungstown Steel Door (a25e) - Yukon Gold (a8c). on rates In or i & == Beer Sales in the United States EEPET o ] LA o O 07207 o N A Z IIIHE ol B Jon Feb. Mar. BITUMINOUS COAL OUTPUT MOUNTS Steady Climb Since June Strains Rail Facilities, Association Finds. Production of bituminous coal in 1936 to date shows marked incrfl.u and has been climbing every week ! since the first of June, and its move- ment is straining railroad facilities in some sections, according to a state- | ment by the National Coal Associa- | | tion in reporting to its membership | its survey of the conditions within the industry. The report suggests further that if | production continues to increase in | response to increased demand. a real shortage of coal cars may be ex- perienced. Industrial stocks of coal and coal | in dealers’ yards were reported to be | subnormal and too low for safety, yet industrial coal prices, the statement. continue excessively low and an advance in prices in the near future is to be looked for. The production of bituminous coal for the week ended September 12 was | reported to total nearly 8,000,000 tons, despite the fact that the Labor day | holiday occurred in that week. Production for the year to date is 27,000,000 tons ahead of the same | period last year. The movement of bituminous coal via the lakes had reached a total to September 13 of 314 Cubi approximately 29,500,000 tons, which | is an all-time record. Industrial stock piles of bituminous coal contained only 24,311,000 tons on August 1, as compared with 32,272,000 tons on the same date a year ago. Latest reports were said to indicate less than 6,000,000 tons in the hands |of retailers throughout the country, | |and the report pointed out that if this tonnage were divided equally be- tween the 40.000 retail coal yards it | would amount to no more than 130 tons in each yard. Commenting upon the situation with respect to the rail movement of coal, the report said: The r#ilroads, while making des- | perate efforts to meet the demands for coal cars in all sections. are find- ing it quite difficult to do this in some localities. Certain types of cars sre not everywhere available in suf- ficient quantities to meet the de- mand. Coal care distribution rules have been put into effect on some lines, which means that mines will receive less than their full car supply. Operators are reporting that some railroads are holding fuel coal in cars instead of unioading and releasing the equipment.” DIVIDENDS ANNOUNCED NEW YORK. September 23.—] declared | (Dresared by the Brandard Bias tisties Corp.): Raten. Pe. llock - of Par- n-ubrlod e 60c Am Thermos Bottle A $1 __10-5 Tniti King Seeley Co - 40¢__10-7 1__10-1 2 22 10-6 lu'.-l. Am Pr ot pi_____37%c Q bt g e Lo e T $3p3%E 232 A 303 RPES00n 0% adilon dalel AL 3" e %0 - M Q 9-23 10-1 '." T 938 101 enB=S 00 Apr. according to | Ionaa B T i Do Milk Sales Move Down in August, Pay Rolls Also Lag| Py the Associated Press. NEW YORK, September 22.—The | Milk Industry Foundation reported A daily sverage sales of fluid milk in 133 leading markets totaled | 6,228,741 quarts, compared with 6,500,- 178 in July and 64623833 in June. The 4.17 per cent decline from the July total, the foundation said, was | due to seasonal influences. August pay rolls of reporting milk | | companies decreased 2.34 per cent | from the month before and employ- ment was down 1.1 per cent, the re- | port said. NEW YORK BANK STOCKS | NEW YORK. September 22 (f —New York Security Dealers’ Association: i (Quotations as of 2 o'cloek.) Bank of Man (113) Banker SonHan Bk & Tr (47 Chase Nat (140) Chem Bk & Tr (1.80) . Commercial (%) o rst (Bos) (4" pirst Nau (Tom Guaranty Tr (12) |Irving Tr (60 | Manutacturers’ S S NEW YORK. September 22 /% —Raw sugar was unchanged early ic at 350 | for_spots. with no sales repor i Tutures opened unchanged ig 1 point | | lower and with the exception of November. ic a little easier under further | heid generally steady durm( o oLy D, {orencon ‘en_ trade { the mew erop | r. was small. with | 1) 1o limit fresh eom- s pending developments Spot market. November sold from 254 to 2 53. point met lower. whils January’ soid at 348 | and March at 244 or unchanged to ::IIII net higher. !l market at middl! s 1d around these e i Refin xed at 475 for fine withdravals ‘re- i the was unc! .v-nux-vefl. H R ported. —_——— U. S. TREASURY POSITION. | By (pe Associated Press. | . The position of the X | tember 19: Receipts. penditures $19.395 54 4 | 3 3. oul:m recctbts for e fiscal year (since July | 3.25: expenditures. $1 ncluding _ $50 6,83 ok oomerperss o - FOREIGN MARKETS. LONDON. tember 22 . —Prices for il stocks continued to strengthen in .= day's market. Gilt-edged securiti | rails and the mining issues also Sold &t higher prices while the Ihaustrial srous | remained st German bonds were heavy under Nnfll-uhl‘ll sales and trans- Alhnllg shares eased somewhat PARIS.—The Bourse closed with tone following early heaviness. shares were in fair d securities a firm Industrial lemand snd govern- moved slightl. 254 Bank ‘of Pranee stock way 6,850 francs. up mol YORK, ‘September 22 (. _Butter. itled. Cre: “-., extre T8 scomn ain 8-01 SRa%s, Meent L 85%050: ircenular. Prices un- 14 |rr1\ll‘r Mixed colo dards. 26 1aa 2a23%; other mixed c ady. By frelan, m;uer;v Ba32: _colore mized with Rocks, 18: 1..1-. | freliht prices unchanee orin 13 oher | XEW YORK BAB SILVER. NEW YORK, September 32 (#).— :r silver quiet and unchanged at %. Chicago Great Western R. R.— May e My Avg Sept. O, FRENCH FRANC DOWN IN LONDON DEALINGS | By the Associated Press. LONDON, September 22 —Selling | from Paris sources weakened three- month Prench francs to 5% francs per pound discount from spot in the for- eign exchange market today. The spot quotation, which was sub- | Ject to official eontrol, closed at 76.97 | francs to the pound, compared with | 76.93 yesterday. The United States dollar lost 1 closing at 50683, to the pound. as compared with the overnight New York rate of 5.06%. PARIS, September 22 (#).—Three per cent rentes. 67 francs: 4's per cent rentes, 71.80. Exchange on London. 76.96'z, The | ! dollar was quoted at 15.19. INVESTING COMPANIES NEW YORK, September 22 (P —New York Seeurity Dealers' Association: (Moon auotations ) Admin Pd ?d Ine Am Gen Eq Am Business Shrs A Stock Corporate Trust Corporate Trust A A Corp Tr A A mod Gl A 2aobise o 3 Ty Ty S28 ! EREE 2 13 twm i PP 15 oo 3 s Tr - Asriculture Automobile Building Chemic hvest Merchandise Sronp Sec Fflrehum = Group Sec R R Equip roup Sec Steel i'.'c » ePY oI D120 D05 10912013 AR D DD 3830 SIAURRAL22N32 9 = e B ietoh 1) VS S o o St 1m0 R A sk DI B e PRty 332 Tr eits 1958 Northern Seeur Plymouth Pund Ine Quarterly mcome 8h _ _ Selected Am M DL Ipaz 1 S ianonii ok BN RS usteed Am Bk B Trusteed Induurv Shrs Trusteed N Y Bk Shrs _ Wellington Pund FEDERAL LAND BANKS NEW YORK. Sept —Ped- eral Land Bank bond: e (Quotations as ef 2 e'clock.) Bid. Nov. 1085, 1023 102 10 1037 1093 10978 101t 1014 S0 BEBORIE C AR RRDED | $1as 4V 4as 400 TONS OF LEAD SOLD. NEW YORK, September 22 (#).— The St. Joseph Lead Co. reports that Deficit, seven months ended July 31 was $496,840, against deficit of $1 132,328, The National Metropolitan Bank 15th Street, Opposite U. S. Treasury MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION 400 tons of pig lead from Southeast | | Missouri mines were sold yesterday at | 34.45 per hundred pounds St. Lou ORGANIZED JANUARY 1lth, 1814 The Oldest National Bank in the District of Columbia . maintains an efficiently managed Trust De- ent ... acting as Guardian, Trustee, and in all other Trust Capacities. @ The Trust Business, now handled by “The Metropolitan,” aggregates over $36,000,000.00. @ You are invited to consult our Trust Officers concerning a Life Insurance Trust . , . and the' protection of Estates. The First National Bank in the United States to be granted Trust Powers under the Federal Reserve of WASHINGTON 4 Entire Floor at Annual Auto Exhibition Will Be Set Aside. BY J. G. DONLEY. | rectal Dispatch to The Sta NEW YORK, September 22.—Trail« ers are going to crash the National | Automobile Show this year, and their | first showing, along with their haugh= | tier but less intriguing “prime move ierl." promises to be somethiing of | & splurge. An entire floor, decorated | to represent a traller camp, will be set aside for the exhibition of the new mobile homes on wheels for mod- | ern nomads. Some 15 trailer manufacturers will tdupl:_v their products, ranging in | price from a few hundred dollars for | a simiple rolling bunk house to a palatial palanquin that nicks the bank roll of the wealthy wanderer to the tune of $20.000, s0 we are told. | Along with the trailers will be shown all the accessories and equipment that | are a part of the lore an the lure of the long highway. « New Industry Climbs. ‘There has as yet been no announce- ment of the names of the exhibitors of factory-made trailers, but those who have been giving the newest ine | fant industry the once over are pretty confident that at least four well-known concerns in the automotive field, which have recently envisioned the promise of the bouncing baby indus- try that is said already to have reached $75,000,000 proportions, wi show their products They are Pierce-Arrow, Hayes Body, Federal Trucks and Mullins. Checker Cab and Fisher Body are mentioned as likely to be exhibitors. And rumor has it that both Chrysler and Gen- eral Motors have something up their sleeves. A survey of the new industry, pub- lished in the September issue of American Business and System. finds that there are 14 trailer makers that have been turning out over 100 trail- month every month since | March of this year. “There are 278 | other companies.” savs the surver, | “making from 1 trailer a vear to 60 a month, some of them outstanding |in custom jobs, others peerles in qulm_v work. still others pre-eminent in craftsmanship, fittings or novelty | of equipment.” Further Gains Foreseen. Among the larger makers are such concerns as the Covered Wagon Cn, Palace Travel Coach Corp. Silver Dome, Inc., the Aladdin Co, the Kauneel Co, Royal-Wilhelm Co, Schelm Bros., Inc, Vagabond Coach Manufacturing Co.. Gilkie Trailers Corp.. Hollywood Trailer Co. and Trotwood Trailers, Inc. timates of | their 1937 sales prospects, made by these companies for the magazine publishing thg survey, indicate an optimistic total of some 92,000 units. As compared with their estimated sales for the full year 1936 their hopes for next year suggest gains ranging from 30 to 400 per cent. But the industry has a backzround | of rapid growth which makes extrava- gant sounding sales predictions seem |less far-fetched. Leaders in the new | industry, which is apparently on the wrgo of going big business, are con- vinced that trailers are more likely | to treble than merely double in num- ber next year. And the well-equipped | concerns with modern methods and efficient sales management are gradu- | ers per “|ally edging the marginal producers | and one-man outfits out of the picture. (Coprright, 1936.) RUBBER FUTURES. NEW YORK. 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