Evening Star Newspaper, September 23, 1936, Page 17

FIN ‘BONDS IRREGULAR AS VOLUME LAGS * Some Declines Develop, but Gains Remain in Majority. Bond Averages Rifln tdus 0t porn Net change. +.1 Unc. +.1 Unc. Today, noon. 96.9 103.3102.6 70.2 Prev. day... 96.8103.31025 70.2 Month ago.. 94.2103.3102.7 69.2 Yearago..._ 828 996 97.6 67.7 1936 high. 96.8 104.1 1029 72.0 86.9101.8 99.3 67.6 87.81022 998 704 764 922 845 655 458 400 646 422 1928 high...101.1 98.9102.9 100.5 10 Low-Yield Bonds. Noon ..._112.7 Prev. day.- 1128 Month ago 111.9 Year ago. 109.9 1936 high_ 1128 1936 low.. 110.2 1835 high. 110.7 1935 low.. 107.9 1928 high. 1044 1932 low.. 8638 (Compiled by the Assoclated Press.) the Associated Press NEW YORK, September 23.—A slackened buying interest in parts of the corporate list brought a trace of irregularity in the bond market in the late trading today. A number of loans slid into the minus column, although gains re- mained preponderant through the gen- eral list. United States Governments turred down, with losses running from 1/32d to 4/32ds of a point Announcement of American Tele- phone & Telegraph Co.’s registration of a $175,000,000 of 3! debentures for refunding purposes exercised little influence on the company's liens, the financing having been expected in ‘Wall Street for some time. Loans of Rock Island, Inter- hational Telephone, Pure Oil, South- ern Pacific and New Haven ruled higher, while those of Youngstown Sheet & Tube, Northern Pacific, Mis- | souri Pacific, Chesapeake Corp. and American Typefounders lost ground. | Polish issues showed fresh weakness, especially the 6s, which yielded more | than 2 points. Other foreigns were mixed and narro Washingtofiifl;éfiange ! SALES—AFTER CALL. Real Estate Mortgage & Guaranty | pfd—140 at 515 | 11 at 110',. 2 at 111. Anacostia & Potomac R. R. 55—$1,000 | at 79, $1,000 at 79, $1,000 at 79. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer_Tel MISCELLANEOUS. Chevs Chase Club 53s. Col. Country Club 5% W. M. Cold Stcrage 5s... PUBLIC UTILITY. Amer. Tel. & Tel. (9)_ Capital Transit Co. N & . Steamboat. 1637 @) 2 un’ Amer. Sec_ & Tr. Co. (ex)__ Bank of Bethesda (h.id)__ - | Ger Rep Ts - |GrtCElJap 7s "44 _ & Trus 1 Pr. Georges Bk A Tr. (.30) Riges (X) oK Rigss pfd Washington Wash. Loan & TF. FIRE INSURANCE. American (b#) 101 Corcoran (5) 100 Firemen's (1.60) 40 National Union (.60) 14} TITLE INSURANCE. Columbia (.30 = b § Real Estate (6) ., 125 MISCELLANEOUS Carpel Corp. (1.60) L Lanston_ Monotype (4)_ Mergenthaler Linotype (£} ) = TooRe ded % Toth ‘ol JEx-dividend hooes ciosed. . SHORT-TERM SECURITIES. (Reported by Chas. D. Bagney Coo : Ofter. Amer Tel & Tel 5' Laclede Gas Light s West R R .Y Susaue & West 55 1937 Bacific R R of Mo 45 1038 Pacific Tel & Tel 55 1937 Penn-Dixie Penna R R Co 4s Rio Grande West 45 1930, Pac R R of Galif o5 19 anadium Cor 04 CHICAGO PRODUCE. CHICAGO, September 2. —] live, 2 cm?s.; PeeEr abaas sty hery 7is White' Ro Rock. m"‘;“ncol'orefmxuqum White Rock broilers, 16; behlck chlclens 13: Leghorn costers. 110 Legh voung colored. 145 Coloréd, 11; old geese. unsettled: prices un- © steady: prices un- i on track. 333: total U. 8. shipments, 64 aho Russets. immature, 1fair quality, very weak. demand very siow: other stock weak. demand slow. sup lies fiberal." acked. per hundredwuxht daho Russet Burbanks. U. No. 1. "nenny e umiy, Showite ©imuatarity: 225: good auality and condition. Gilts” and citpoed e ington Russet B\lrhlnks. guality, large. co £.351 B owln decay, 1 elon usset Burblnll vurtl’ Colorado Red McClures, U. 8. 3 Brown Beauties, U. No. d P Yyania Cobblers, = ennsyl- ‘Wisconsin Cobblers. U unclassified. 1.00: Bliss l Fedes s G0. Minnesota Cobp ly graded. 1.60al ItH 78: rhl. nruy 0. 1 and ¢ Edison Electric Illuminating Co. of Boston—Common-share earnings, 12 months ended July 31, were $8.06, against $9.87. 4 ) Washington Railway & Electric pfd.— | C2nada 2% | Montecatini 7s " ANCIAL. THE EVENING STAR, WASHINGTON, D. BONDS ON N. Y. STOCK EXCHANGE By private wire direct to The Star. Approximate Transactions Today. U S Gov't Bonds_.__-. $1.390,000 Foreign Bonds.cea.. 1.000,000 i Domestic Bonds...... 18,620,000 TREASURY. High. Low. 2%, 81945-47 .. 10413 104.10 24,8 1948-51 ... 102.2¢4 10221 2% 81951-54__. 101.29 101.24 23,s5'56-59, 1018 1014 2%s 1955-50_.— 102.30 102.26 38194648 . coee. 1063 1063 38196165 —cemen 1062 10431 31481946 107, 106.29 s 1949-52_____ 106.16 106.16 .8 1941 e 1095 109.5 m- 194446 108.12 108.10 3% 3 1940-43 June 1088 1088 335 1941-43 Mar. 1095 109.5 33,8 1943-47 1098 109.8 338 1946-56._. 112,12 112,10 45 1944-54_ 1144 1144 4148-3%®81943-45 108.24 10820 4148 1947-52 119, 119, FEDERAL FARM MORTGAGE. - 102.29 102.29 102.29 . 10323 103,23 10323 1052 105. 105, HOME OWNERS' LOAN. 238 1942- 101.28 101.28 101.28 2%8 1939 101.28 101.26 101.28 38’1952 103.17 103.13 103.16 FOREIGN BONDS. A o 9% Close. 10411 102.21 101.25 101.4 102.27 106.3 104.31 107, 106.16 109.6 108,10 108.8 109.5 109.8 112.11 114.4 108.20 119, zow Close. Abitibl Pa&Pw 6s ‘63 5934 593 Agr Mtg Bk Col 68 47 Febr coupon on.. Agr Mtg Bk Col 68 *48 April coupon on. Antioguia 7845 A, Antioquia 7s *45 B_, Antioquia 7s 2014 201¢ 8 Argentine 63 *59 June. | Argentine 68 '59 Oct _ | Argentine 6s '60 May_ | Argentine 68 60 Sept_ Argentine 6s 60 Oct _ Argentine 6s 61 Febr. 100% | Argentine 6s 61 May. 100% Australia 4%8'66.... 10275 | Australta 68 '65 ... 109 Australia 5867 ceeee 109 Austrian 78 57 ceeeee 98 Belgium 68 65 -aeen. 10514 Belgium 6%s *49 - 10735 Belgium 78 55 eme.. | Berlin 6s '58 Berlin 6135 '50 Berlin Elec 68 ‘55 Berlin Elec 6%s | Berlin Elec 63 s ‘69_. Brazil 6%4s '26-'57 | Brazil 6338 127 | Brazil 7852 | Brazil 8s+41___ | Brisbane 6 58 Brisbane 6s '50 Buenos A C 618 | Buen A 43;3-4%s Buenos Aires 4%8-3%3"77 Py __ Buenos A C 6561 Pv_. | BSuenos A 6561 st Pv_ Bulgaria 78 ‘67 July coupon oft_ Bulgaria T35 ‘68 May couron off 1003 45 e 1014 Canada 4s 60 Canada 58 "52 Chile 63 ‘60 Chile 6s '61 Jan Chile 63 ‘61 Feb: Chile 68°62 . Chile 7s ‘42 - Chile Mtg Bk 6 T Chinese Gv Ry 5s°51_. Colombia €s °61 Jan__. Colombia 6s *61 Oct Jopenhagen 413853 Copenhagen 6s '52_ Cordoba 7s'42 Prv. Costa Rica 75 A '51. Cuba 415s 49 Cuba 5%8°45 _ Czechoslovakia 8. s 11'1 143 143 143 145 13 53 21% 214 9934 % 9915 101 105 68 T6% 7% 16 67 67 67 107 107 107 107Y% 101 105 76% % Denmark 6s '42 Dominie 1st 635843 _ Dominic 2d 5%s "40... El Salvador 88’48 ct.. Finland 6s *45 Frameric In 733 1073 1073 Frankfort 63s '53._ 2434 2445 244 French Gov 7849 17434 174 174 French Gv 7s 49 unst 173% 172 172 French Gov 71,8 *41__ 16135 16134 16134 Ger Gen Elec 7s 45 37 37, 37 Ger Gov 513 '65 st 250 250 | Ger Gov 5'58°65 un st 2415 2435 24}y Ger Prv & City Bk con Ag 4135 5% 9 stpd.__ 41%§ 6 Greek Gov 63’68 pt pd ;m Hungary 7%s 44 Febr coupon on. Ltaly 7851 Ital P U Crd 78 "52... Japan 6%s 54 Kreug&Toll 5s '59 efs. Lombard Elec 78 52 __ Mex 48 ‘G4 asst Minas Geras 6148 69 Sept coupon on. 2734 5144 | 801¢ 68 10034 4 673§ L] 16% 9l © 673 b4 1574 Montevideo 7s '5. Norway 6844 Norw Hy Elec 5%.'51 100 Nuremberg 6s '52 24% Oriental Dev 5%s 58 20 Oriental Dev 6s '53 83% Oslo 4%8 65 .. 9814 Oslo 6s ’56 10034 Paris Orl Ry 6% Pernambuco 78 *47 Sept coupon off. Peru 63 '60 Peru 6s’61 e Poland 65 *40__. Poland 7s 47 _. Poland 8s *50 Porto Alegre 71%s ’66 July coupon oft Prague Gtr 7138 '52 Prussia 6s ‘52 17 9614 118% 31 27% 15 194 Rhinelbe Un 7s *46 Rhine W E1 P 6s '52__. Rio de Jan 6%s '63 Aug couponoft_____ Rio de Jan 83 *46 April coupon off ... Rlo Gr do Sul 6s '68 June coupon off__.. Rome 6%8'52._____.. Sao Paulo C 88’52 couponoff _____ Sao Paulo St 85 '50 July coupon off ____. Serbs 7s 62 unm e o Serbs 88’62 unmco__ Sydney 5%s 55 Taiwan Elec 6%s 71 79% Tokio EL Ltd 6s°63__ 82§ Trondhjem 5%s'57.. 100 Uruguay 6860 .ceeo.. 64§ Uruguay 6s 64 L u Warsaw 1868 ._..... 49 DOMESTIC IONDS. Alleg Corp b8 °4 Alleg Corp 6849 Alleg Corp s '50 st Alleg Valley ¢s°4 Allis Chalmers 48 Am & For Pw 68 3030 Am Ice cv bs 53 Am 1GChb6%s Am Intl 6%s 4 Am Roll Mill 438 %4 AmT&T4%s"39 AmT&Tcl tr 68’46 Am T & T deb 6360 . Am T & T deb 65 °65._. AmT& T 65%8"43. Am T F 2%s-6s 33-°50 Am Writ Paper 68 '41 Anaconda deb 4 Anglo-Chil Nit 7i Ann A 18t ex in ¢8°95 Armour(Del)1st 48’66 A T&S Fead) 43'95 st A T&S Fo gen 48 95 .. A T&S Fe 4%8°48 A T&S F TCSL 45’68 Atl Coast L 1st ¢» "53. 10634 T 103 TN 80 80 114 1113 113 10534 10534 10534 118% 118 118 1234 11234 11236 1063 1053 106% 1Y% 11 11y 111% 111% 1113 11834 1184 1183 1625 160 150 50l 49 49 0 1061 106 10614 285 28 8% 7% 983, 984 111% 11134 11134 118% 116% 1158 s 1103 110% 1103 13 us 1us 102 1013 101% 96 95} 98Y4 92 9234 5. 10234 10234 48 62 61 62 Atlantic & D 18t4i . 56} by B} Atlantic& D 24 At1G & W ] 58’59 At! Refining deb Auburn Auto 4%s'39. Aust & Nor 5841 B&O 1st4s" B&O4%s'60 .. B&Oref 58°95 A. & 063’96 F_ &O ref 58 20 o o & 63 95 C . & O PLE&W V 42'41 & O Swn 65 '50 B & O Toledo 4 Bang & Aroos 48 Bang & Aroos cv 4s ‘51 Bell Tof Pabs 48 B Bell T of Pa 55’60 C. Beth St] 43 s "60 sf _. Bot Con M 648 °34 __. Bot Con M 6145 "34 ¢ Bklyn Cy RR s *41 Bkiyn Ed con 3% Bklyn Man T 4% Bklyn QueensC& 8 con 68’41 stpd. Bkiyn Un Gas 68 '50 Bklyn Un Gas 68’57 B Brown Shoe 3% 850 _ Buff R&P con 4%s 67 Buff R&P cn4%s'57 rg BuffaloR & P 5837 BCR&Ncl5s'34 BCR&NGs 34ct Bush Term 1st 4s Bush Term con bs '55 Bush Term Bldg 6s "60 Calif G&E rf 5837 _. Canada Sou 68 62 A Can'dian N R 48 51 Can'dlan N R 438’5 Can’dian N R 4348 Can’diap N 65’69 July Can’dian N R 68’69 Oct Can’dian N R 5870 Can’diart N db 61,546 Can'dian P db 4s perp Can’dlan Pac 4%s 46_ Can’dian Pac 4%s ‘60 Can‘dian Pac 58’44 cfs Can’dian Pac 6s 64 _. Car & Gen 55’50 ww . Cent of Ga con s *45._. Cent of Ga 53’59 C __ Centof Garf5%s 59 Cent Ga Chat 4s '51 ‘ent [ B & G 68 51 Centof NJ ¢s"87 Cent of N J gen Cent Pac 18t rf ¢5°49_ Cent Pac bs '60 - Cent P Tr Sh L 4s'54. Cert’d deb 614s 48 ___. Cheeap Ccv bs 44____ Chesap Corp 6847 __. Ches & 0 3%s '96 D. C&Ogen ¢%8°92 _ ChiB&Qref65s°71_ Chi B&Q | div 3% s 49 CB&Q 111dv 3148'49rg Ch! & E 111 53 °51 - Chi & E I1] 6551 ctfs_ Chi]& L gen 68’66 __ Chi Ind & L gen 65 '66. Chi Ind & So 45 '66 CM&StP 4s 89 CM&StP 41 CM&SLtP bs '75 CM&StP&P adj 652000 Chi & NW gen 31;s 87 Chi & NW gen 4s ‘87 Chi & NW 41482037 _ Chi & NW 43 Cht & NW rt S! 2037 C&NW Nr W 634536 Chi Rys st 5827 ___ Chi R 1&P rf 4534 _ Chi R I&P rf 48 "34 ctt | Chi R I&P gen 4s'88 | Chi R I&P 4588 ctfs | Chi R 1&P gen 4588 rg Chi R I&P 4%s " Chi R I&P 4%s '52 ctf Chi R 1&P 458 60 Chi T H&S 1st bs '60 __ Chi T H&S inc b8 *60 . Chi Un Sta 3%8'63 B. Chi Union Sta 4s *44 Chi Union Sta Chi & W 1 oon 48 '52 Childs & Co 5843 .. |-Cin Un Ter 3348 D gta Cin Un Term 6867 C. CCC&St L gen 4893 __ CCC&St L rf 4%s7 B Clev Cliffs Ir 438 '50_ Clev El llu 3%8'65.._ Clev Un Tel ¢ Clev Un Term Clev Un Ter 5%s 712 A Colo Fuel & Iron 6 Colo Fuel & Ir Colo & So 4%3 Columbia G & E 63 52 May Cons Ed NY 3%s 46 n | Cons B4 NY 3348 ‘66 n | Cons Gas N ¥ 435 '51 | Consum P un 312 65 Cons Pwr 31,870 Consum Pwr 3%s GJ Container 6s '46 . Crown Will P 65 '51 l Cuba RR 1st 68’52 | Cuba Northn 6% 542 Cumb T&T 5537 | Dayton P&L 3% "60_ Del & Hud ref 4s 43 Den G & E 55 51 Den & R G W 6s '6. Den & RGW 68’55 Den & R G ref 8 Des M & Ft D 4835 cfs Detroit Edis 45’65 F__ Detroit Edison 5s '62_. Dul SS & At 68 37 Dugquesne Lt 3%s 5! E Cuba 8 7%s 37 ctfs. Erfecv4s'53 A._. Ei v 4s '53 B___. Eriecv 4s'53 D__.. Erie gen 45 *96. _— Erie ref 58 '67 ... Brievef 5876 ___ ____ Erie Gen Riv 68 '57_ Fed Lt & Trac 6s'54 B Fla EC Ry 68’74 Fla E C Ry 6874 ctfi Fran Sug 7%s %42 Gen Am Inv 65 52 __. Gen Cable 5348 "47__. Gen StiC6%8 49 Ga & Ala bs *45 Goodrich 6s *45 Goodrich 6% *47___. 14 | Goodyear T&R b Joth Silk H 5846 ww Gould Coup 6840 __ Great N Ry 45’46 G . Great NRy 4s'46 H _ Grt NRref 43,561 A Grt N R gen 41876 D Grt N Rgen 4% 17 B_ Grt NRgen6s’73C__ Grt NR5%s"52B.__.. Gulf M&NGs'50 . Gulf Sta St1 5% 842 Har Ry PC 1st 48’54 Hoe (R) & Co 6%s '34. Hudson Coal 68 '52 _ Hud & Man inc 58 ’57.. Hud & Man ref 58 '57_. {11 Cent 3% s '5. I11 Cent col tr ¢s°52._. I11 Cent col tr 48°63_ I11 Cent ref ¢s 'il e — 111 Cent Omaha 38 ‘51 I1l Cent St L 3% 51 S Int RT 6s°32 ———— Int R T 7832 ctfs.. Interlake 68 '51. ..o Int Cement 4845 .. Int Grt Nr 58’56 C———. Int Grt Nr 6562 A int Grt Nr ad) 68'52 A. Int Hydro El 6544 Int Mer Marine 6s°41. Int Pap 1st 6847 A__. Int Pap ref 6s '66 Int Ry of C A 63°7 IntRyof CA 6% Int T&T cv 4%s'39__. Int T&T 0%- L R Int T&T Iowa Cent lnhrfl 51 James F & C 4» 39 Jones&L Stl 4 %s'61A. Kan C P S&M 4s°36 _. Kan CFS&M rf 4s'36ct Kan CSo 1st 38 ‘50 KanCSorfinbs 50 Kan C Term 1t 4860 KanG&EBE4 Keith 6 - 103% 103% . 103 . 16 . 11614 - 105} 10335 103% 8214 ' 8214 10514 1054 108 108 8134 s 103% 104% 106 9934 10934 114% 121% 129% 1043 8285 874 8 24% 2434 10034 102% 103% 8214 1053¢ 108 82 10434 109 1053 N% 8634 82 801 10434 10414 108 109 1053 105% 92 91y 8615 8614 103 24 23% 84 6614 56 26 26 84 6734 5634 10434 1043 17 17 n7 § 17 174 175 1T 116 116 11934 1193 11934 12134 1215 1214 1215 1214 121% 12834 \zau 12814 961 9614 10815 m:w. 103% 105% 105 105 11635 11634 1168 10834 108%4 10814 10734 1074 1075 3074 8214 2514 104% 103 ¢ o Ky Cent Ry 48 'l‘I Kresge Found 4s "45_.. Laclede G 5%8°53 C_. Lautaro Nitr 6s *54__. Leh C&N 4%5 64 A_.. Leh Val Coal 68 54— Leh Val COII BI "ll Leh ley Hi LV NY 1st 4s ‘05 gtd.. Leh V P con 432003 _ Leh V P con 4%s 2003 Leh V RR con bs 2003 Loew's 3148 ‘46 Long Island gen 4s'38 Long Is] ref 4549 Long Isl unif 4s'49. Lorillard 6s51_9__. Lorillard 4 Lou & Jeff Bld 4s "45._. L & N 1st 452003 _ L &N ¢%82003C L & N At] K&C 48'55 L & N So Mon it 48’52 McCrory Stores 5s McKess&Rob 6% MeC RRelt 4845 A . RR gn 4%8'60A. Manati Sug 738 42 Man S 1st 7%s'42 ctfs Manhat Ry 4s°'90__ Manhat Ry 4s 90 ctf: Marion St Shov 68 "4%. Mead Co 68 "45 e Met Ed 18t rf 4% 68. Mich Cent 3148°52_ Mich Cent 415879 Mid RR N J 58°40. MilER&SLrf6 Mil & Nor con 4% M1l Spa & N W Minn&SLrf4 Minn & S* ' 68’34 ctfs Minn&SL6s'62A . M cn 48 '38 . M bs '38 gtd. SM 5% SM b8 8- Mo K & T 1st 4590 Mo K & T 45°62 B._. Mo K & T 41587 MOK&THS 62A e Mo K & T ad) 6s '67 Mo Pac s ¢ | Mo Pac 1103 1103 110% | Mo Pac 68*77 F 101% 10134 10815 933; 1354 10154 1081 94 1855 | Mo Pac s *77 F ctf! Mo Pac 68 ‘78 G Mo Pacific 5880 H ___ Mo Pac s '80 Hctfs 163% | Mo Pac 68 '81 1 10084 10084 1253 125% 11615 108%; 108% 11034 nnu 25% 23 431 24% 2 103 10035 11614 1088 23 43 241§ 103 12515 | Mo Pac 5s ‘81 I ctfs_ Mo Pacific 6%8 49 Mob & Ohlo 4338 "77__. Mob & Ohio 6s " Mob & O M div 5s | Mohawk & M 4891 Monong Pub Sy Mont Pwr ref 5 = Mont Power 68 ‘62 A.. 2434 | Mont Tram §s * | Mont T gn r: 56% | Mor &Essex 3148 201!0 59 104% 104 5545 5634 10124 118 103% 12 1134 81 102 1051 8635 22 10534 1081 104% 99%4 137% 119 108 1145 10634 105 111 1155 15% 9934 100 10334 1033 90%% 82 54 36 83% 8634 103% 12 115 81 102 107% 107% 46 46 9454 943 b5% 5634 973 9T 9% 10834 1084 61 62 5714 684 90} 91 5814 o1 Morris & Essex 4465, Mor & Essex 58’56 _ Nashv C&St L 48 18 __ Nassau Elec 4s 51 gtd | Nat Acme 6s° | Nat Dairy 3% Nat Dis P C 43845 _ Nat R M 4138 '26 as! Nat Steel 4866 Newark C Gas 58 "48_- New Eng RR 4843 w Eng RR 55 45 __ New Jer P&L 43860 New Or GNR 65 83 A New Or & N 44552 New Orl P S bs New Orl P S bs New Orl Ter 1st 48 53 New Or T&M 4%s 56 New Orl T&M inc5s'35 | New Or) T&M 533 "6 | N ¥ Cent 3135 97 | N Y Central 3% 46__. N Y Centcon 4s'98 __ N Y Centrf 41482013 NYCrf414s2013n__ N Y Cent rf 63 2013__. N Y Cent cvés'ds. .. NYCL Sh3%s* NYC Mich C3%s 9 NYC&St L 1st 43 "3 NYC&St L 4%878___. NYC&St L 6% 874 :. El H&P 4849 __ & w 1st 4s 73 56 NY NH& H 4%5 67 NY NH & H cl tr 6540 NYNH&Hcv 6 NY O&W gen 48’55 NY O&W ref 4s 93 NY Putnam 4s'93 . NY Queens con 31,865 | NY Rys inc 6s ‘65 NY Rys 65’65 A NY Steam 5s ‘56 . NY Steam 1st 6547 NY S&W 1st rf 68 '37_ NY Tel gen 4%s '39. NY Tr Rk 68 "46 stp__. NY W & B 4%s"46 Niag Falls Pw 3335'66 Niag Sh5%s750 . __. Norf So 1st ref 53°61_ Norf S 1st rf5s'61 cfs. Norf & W 1st 45°96 __ Norf & W PC&C 45 *41 North Am Co 6s'61. . North Am Ed 6569 C.. Nor’'n Pac gen 3s 2047 Nor'n Pac 48 *97 Nor'n Pac 4%s 2047 Nor'n Pac 58 2047 C... Nor’'n Pag 552047 D__ Nor’'n Pac 6s 2047 - North Sts Pw 418’61 North S P 1st 63 '41 A Nor'n Sts Pw 65 '41 B Ogden L C 4548 Ohio Edison 4s Oreg W RR& N 45 PacG & E3%s'61.. PacG & K 4564 . PacG & Ebs’42 Pac T&T 1st 68 '37_. Pan Am P C 68’40 Pan Am P C 6 Par-B'way 648 Paramount Pie Park-Lx 6% Parmelee 6s "44 Penn Dixie C 65 °41__ Penn P& L 4%s 1. Penn RR3%8'70C... Penn RR con 4s Penn RR4s"52 E. venn RR 48 63 Penn RR 4% Penn RR ¢%s "84 Penn RR con 43 '60_. Penn RR g0 418’65 .. Penn RR deb 43%s "7t Penn RR gen 58’68 __ People G L&C rf 65’47 Peoria & E 18t 48°40 Peoria & E inc 45°90__ Pere Marq 1st 4s '56. Pere Marq ¢%s 80 Pere Marg 1 Phila Co 68 '67 Pillsbury F1 M PCC&St L 41840 A PCC&St L 4%8"77C_. PCC&St L 55’70 A PCC&St L 6575 B. Pitts&W Va 4%s'59 B Pitts&W Va ¢34 Port Gen E] 438’60 . Postal Tel & C 63 '63.. Pressed St1C 68°33 .. Reading R 4%8"97 B. Rem-Rand 43556 ww Republic Stl 43%s 50 Republic Stl 433’6 Rutland Can 4s°49__. Rutland RR ¢%8"41.. 9614 96 96 | St Jo Ry L T&P 68 '37 10834 10834 108}4 | St L IM&SR&S4s'33et 103% 1083 10334 St Al M&S R&G 48 33 96% 9534 95X StLP&NW 68’48 . 104} . 104 Close. uxu ut% 113% 106} 106§ 10615 6 10134 10134 10134 11034 110% 1103 6975 69 6974 33 82% 32y 10414 1043 10415 4 T4 T 6735 6735 663 6734 10134 102 8735 87Y 1044 714 UK 16% 835 8435 107% 1074 1843 1343 vy 9 104 104 106% 1064 108% 122 1045 104 102% 824 50 4935 6054 Bblg 981§ 105 109 109 1051 1023 824 50lg 5034 61% [0 988 10634 109% 10434 10134 3634 3614 59% 9634 28 71 9534 1065 108} 101 101% 1153 1153 10634 1063 10434, 10434 10834 109 10834 1083 2214 1225 113 1123 112% 10534 1053 10835 120 120 120 115 115 102% 102% 102% 106% 1063 10635 1067 106% 106% 10734 10734 10734 108 L1113 1113 1113 108 108 108 12034 12034 12034 121121 12t 9% 95 95 9B 95y 95K 19 M4 1% 87% 37 37 109 10835 10834 1143 1135 113% 985 98) 98y 81 807 80% 2 101% 10134 10134 1063 106} 106}§ 107 107 107 u!)‘ 118 lu ll)( 4% dl!‘ 41% 103% 103% 108% [ 8434 844 84y a4 a4 a ' steady Liverpool cables and the bullish | sales, C., HOLDERS APPROVE REMINGTON PLAN Increase in Common Stock and Reclassification of Preferred Provided. by the Associated Press. NEW YORK, September 23.—Rem- ington Rand, Inc. stockholders, at a special meeting yesterday, approved the company’s plan of recapitalization. It provides for an increase in au- thorized common stock to 3,000,000 shares. Each share of 5 per cent cumulative prior preferred stock is to be reclassified and exchanged into $4.50 cumulative preferred in the ratio of one share of new for four of the old. Each share of $6 preferred is re- classified and exchanged into $4.50 cumulative preferred on a share-for- share basis. The proposed $4.50 cumu- lative preferred is to be authorized in the amount of 250,000 shares at $25 par. There is to be attached to preferred stock received in exchange, as a series, stock purchase warrants entitling holders to purchase 1!3 shares of common for each share of preferred to which the warrant is attached at prices varying from $27.50 up to $45 a share. James H. Rand, jr., board chairman and president, explained to share- holders that quarterly dividends of 3114 cents on the present prior pre- ferred and $1.50 on the $6 preferred, due October 1, would be paid. NEW YORK COTTON By the Assocliated Press. NEW YORK, September 23.—Cotton | ; advanced this morning on relallvely: view of the statistical outlook, but after showing net gains of 9 to 11 points eased off under hedging. December, which advanced to 1198, was selling around 1193, with the| midafternoon market ruling about 4 to 6 points net higher. Futures closed barely to 3 1 1 higher Close. steady. Low. i 1 iRy 11 1 1 1 1 1 1 Jul g K 1 oot sicady: middiing. 12 °4. Cottonseed Oil. Bleachable cottonseed ajl Iuturu‘ closed ' barely steady. September, 10.23; October, 10.18; December, 10.21; January, 10.21b; March, 10.28b. | 141 contracts, including 22 switches. b—Bid. New Orleans Prices. | NEW ORLEANS September 23 (P.— Working back within siriking distance of | he 1-cent level. cotton futures were | Rifher ‘in’ active deafings today Liverpool came in better than due. aid- ing speculative sentiment in domestic | exchanges. Then the assumption that this week's weather report would be buil- ish brought some short covering and spec- ulative buying into the market As usual selling came f{rom hedg Most of these were place in distant Positions. and nearby options were buoyant. | October. opened at ‘7] 8 December ai 1191 “and durin tadins " continued 1180 and March at the first half hour around these levels Cottonseed _gil “futures opened steady b: Ocl Drc LIVERPOOL. September 1350 et iachidine 0. Spot in fair demand. prices 4 points h i Tov “middline. 618 "‘U’fl'mlum. 505 "sood ordinary. 588, e tober. Eitues °°M.v'-fnfi|'ugy £30; March, 6.37: cember. 6. Jull May. 6.3 Hich. Close. 81l 3034 30 2914 273 Low. StLRM&PBs’55. .. 8115 St L-S Fran 4850 A - St L-S F 43 °50 A ctfs St L-S Fran 4%s 78 StL-SF 4%s 78 cf st St L-S Fran 68’50 B WEDNESDAY, SEPTEMBER 23, 1936. Quicksilver Price Jumps to Highest Mark in 5 Years By the Associated Press. NEW YORK, September 23.—Quick- silver today advanced $3 per flask (76 pounds) to the highest price in five years. ‘The spot rate ranged from $89 to $93 per flask, compared with $88 to $90 yesterday. Trade circles said the upturn re- flected scarcity and continued good demand. Buying of the metal has quickened during the past several weeks, Prices pald shippers. net *hb Washing- Bureau of Agricultural Eges—Market steady to firm at changed prices. Ourrent receipts. 26a2K: . 31a3i- Government graded s (net prices paid ship- b. Washington): extras, U. 8 , mediums, 30%2; 2. - L steady. Prices unchanged Fowl. coloret 18al%; Leghorns. 14: Virginia Rocks. Toasters. 4 ‘pouinds and up. ks ail sizes 2]. b Leghorns. all “sizes, colors. 17alR; euineas. young. and up 40a45 each: under 2 30 each: old guineas. ceivers offe 10- e for Sprir up. url hens 14 pounds and NEW YORK BANK STOCKS YORK. September 23 (), — Yorr Becurity Dealers Askociation, " (Quotations as of 2 o'clock.j Bk of Man (1'%) Bankers' Tr Cen Han Bk & Tr (4)____ Chase National (1.40) Chem Bk & Tr (1.80) Manufacturers Tr pf (2) National City (1) |N'Y Trust (5) _ Public_(1'3) Title G & T . FEDERAL LAND BANKS NEW YORK. September 23 (P.—Pederal Land Rank bon Quotatis ’\m as of 2 Bate. o Moturt 41 D3R8 o'clock ) B 410 : 4'es Jan 43" May. 45 Nov. 45 July. Alas May. July, NEW YORK PRODUCE. N ‘W YORK Beptember (7 —Ezgs. 3 e Mixed colos Butter. 10, higher - fhan - extra " scorel. 34 centralized cn 343 auiet and unchanged. (rar‘r to weak ight: d with Rocks. 17 5alti: other freight By chickens: Rocks crosses Fowls: _Colored | Leghorn, other express b changed Dressed poultry unsettled | Presh. ehick- 4 rs. 14a 19224 13a18 1 L 15220 ds irkeys (Winter packed) other fresh ‘and frosen pricee: wn: Changed! METAL MARKET. NEW YORK. September 23 (P.—Copper electro] spot_and future.” 9.35 silver. 89.00293.00. Iron. aluminum. anti- mony. platinum and wolframite unchanged. | BANK OFFICIAL NAMED. NEW YORK. September 23 (#).— Chase National Bank today announced | appointment of Joseph E. Pogue as a vice president of the institution. Pogue has been identified with the petroleum industry as a consulting engineer. St L-S F 63 50 St P M&M ext 5s 43 _ St P Un Dep rf 68’72 | San A & A Pass 4543 Santa Fe P & P 5842 Schulco 6%s '46 B stp | Seabd A L 48’650 stp.. Seabd A Lref 4s'59 Seabd A L rf 4s'59 cfs Seabd A L 63745 A Sharon Stlev 4348 '51. Shell Undeb3%s’61_ Silesian Am 7841 Skelly Ofl 48 '51_ Socony Vac 3%s 50 _ South Bell T&T 6s *41 Sou Pacific 3% 46 So Paccol 4849 oo So Pac ref 5. 8o Pac 4 So Pac 4%s ] ppem So Pac 4%s'81._ So Pac Oreg 4%8'77_. So Ry gen 43 ‘56 A. So Ry b8 '94 So Ry gen 68 SC___._. Spokane int 58 Stand Ofl N J 3 Studebaker cv Tenn Cent 6847 Tenn El Pw 6847 A Term As St L 4s'53 Term As St L 4%5'39 Texarkana 5%s ‘50 . Texas Corp 3%s '51 105% 125 109 1053 10834 125 126 109 109 % nY 383 8834 9974 99% 11634 11534 9934 994 11534 115 1163 10054 10035 10084 11034 1103 1103 Tex & Pac 1st 68 2000 Tex & PacMPT 5% #'64 Third Ave ref 4s ‘60 Third Av ad in ex 65’6 Truax T C 6%s 43 Un Oll Cal 48’47 UnPac3%8 Tl ceeee. Un Pao 1st rf 65 200! United Drug 6s 53 102% 10234 10234 U S Pipe&Fy 3%s "46. 123}4 128§ 1284 U S Rubber 68 °47____ 10674 1063 1063 Utah L & T 58 °44 A__. 10335 10334 1031 Utah P&L 6 1043 10435 20435 Util P& L 6869 ww. UtI P& L 5% 47 . Ver Sug 18t 78’42 ctfs Va Ry 15t 3%8°66 A Wabash 4%8 78 . caee. Wabash 18t 5839 o Wabash 5876 B_oee. Wabash 5580 D . 15% 153§ 16§ 10634 106 106 354 3% 35 10274 102% IMK 364 k K 1073 10734 101;( 9% 19 19 97 97T W 0% 0% 70% 6 69 69 12474 1243 124% 10814 10814 1083 108 108 108 95} 95 96 10234 102} 10234 107% 10736 107% 3874 383 ll/i 38 37 . 1083¢ 108% lDlK 108%¢ 10834 10835 101% 1015 101% Walker H& S 4% Walworth 4s 5! Warner Bros cv 6339 Warren Brev Warren Br 68 "41 rets. Westchester L 6 West Penn P 3% WPaP4s’61 H_ W Sh 1st ¢s 2061 gtd.. West'n Md 1st 48’53 West'n Md 5%s "7—-- West'n Un Wheel Steel 43853 W Sp Stl con 7835 et_ Wilson & Co 48’55 Wis Cent 1st gn 48 °49 MASSACHUSETTS INVESTORS' TRUST Prospectus Will Be Sent on Request A. S. Govrpexy & Co.. Inc. Woodward Blds. Natl. 2000. Any and All Kinds of INSURANCE We handle policies covering every form of insurance that you might want or need. Let us arrange & plan for complete insurance coverage for your protection. J. Blaise de Sibour and Company INSURANCE BROKERS 1700 Eye St. NNW. NAtl 4673 COMPLETE INVESTMENT SERVICE Quotations. Orders Promptly Executed in any Market. Local Securitie: WAGGAMAN ; BRAWNER & Co. 1700 Eye N.W. ME. 3860 Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 52% Promps Action B. F. SAUL Co. Wis C 1st gn ¢s 49 ct_ 'n| S&T3%s'51. 129 128 128 !\:x S&T 48’61 103}§ 10854 1033 A 925 15th Street ~ Natl 2100 He lives in New York City ! and is the author of numerous works | on oil conservation. | FINAN IAL STEEL RATE GOES 1073 PER GENT Heavy Buying Brings Rise to Best Mark So Far This Year. By the Associated Press. NEW YORK, September 23.—Sup- ported by a fresh wave of heavy buy- ing, steel production has advanced this week to 7312 per cent of the country’s capacity, the highest rate of the year thus far, Iron Age says today. “Further gains in output are likely to be limited by physical factors at the mills and not by the volume of business,” the weekly review stated. “Owing to restricted supplies of pig iron, scrap and coke and the fact that many open-hearth furnaces are still in disrepair, there is a scarcity of raw steel that is retarding operations of finishing mills. “However, steel companies are straining to eliminate production bottlenecks in so far as possibie. Makers of refractories are busy supply- ing fire brick for the rebailding of open-hearth furnaces and new con- struction is being rushed, two new 150- ton open-hearth units having been started at a Chicago plant, with two more scheduled for initial operation mn October.” The heavy volume of buying in the past week has been brought about partly by the desire of users to pro-1 tect themselves as far ahead as pos- | sible on those products which are to be | $2 a ton higher in price as of October 1, the review says. An advance of 50 cents at Pitts-| burgh and one of 25 cents at Phila- delphia raised the Iron Age com- posite price for heavy melting steel scrap to $16.75, where it is only $1.93 below the pig iron composite price, the narrowest differential that has existed between these two basic commodities in more than 20 years. NEW YORK BAR SILVER. NEW YORK, September 23 (#).— Bar silver qulet and unchanged at| 4434, Bangor & Aroostook Railroad— | Common share earnings, eight months ended August 31, were $1.08, against $3.86. FOR INVESTMENT We have secured 3 £rou Trust Real Estate secured on a mew £o0d _income-producing For ale at par and "BRADLEY, BEALL & HOWARD, NC. Exllbluhtd over 35 years Seuthern_Building FIRST TRUST LOANS Reasonable Rates and Commissions Tyler & Rutherford, Inc. 1520 K St. N.W. National 0475 Loan Correspondent Mutua) Benefit Life Insurance Co. MORTGAGE FUNDS Long or Short Term Let Us Solve Your Mortgage Problems Courteous and Prompt Atten- tion Given All Applications E. QUINCY SMITH, INC. Mortgage Loan Correspondent The Penn Mutuol Life Insurance Company 909 15¢th St. N.W. Dist. 9057-9058 ON REAL ESTATE Attractive Interest Rates Convenient Payment Plans Our Real Estate Officers Invite You to Confer The WASHINGTON LOAN AND TRUST COMPANY Member FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORP'N ON IMPROVE refinanci Interest Buwoine kkkn A—17 ELECTRIC POWER INDEX ADVANCES Hits Highest Levels Ever Reached in Week Ended September 19. By the Associated Press. NEW YORK, September 23 —Elece tric power production advanced mors than seasonally expected to the high- est levels ever recorded in the week ended September 19. . The Associated Press index of elec- tric output, with 1929-30 taken as 100, advanced for the week to 117.7 from 116.1 the previous week and compared with 101.5 a year ago. The index is adjusted for seasonal and long-term trend. ‘The range for recent years follows: 1936. 1935. 1934. 1933, 1177 1055 974 919 1020 941 919 803 Actual production last week, as re« ported by the Edison Electric Institute, was 2,170,807,000 kilowatt hours, a new high, compared with 2,028,583,000- ‘kl!owntt bours in the week ended | September 12, an increase of 7 per cent. For the like week last year out- put was 1,851,541,000 kilowatt hours. wy menthly .'.'J..‘r':::". o owne o 0w in D. C. and ne:r “fi:f"" Union Finance Co. 916 Woodward Bldg. NAtl 7936 A mlll all-brick apartment with 5 rooms and bath each. oin mearby northwest suburb. resulations GOSS REALTY COMPANY' 1105 Eve St. Wis. Ave Money for Colstnchnl Loans Loans on lnpmved Properties 512% FIRST DEED OF TRUST ONLY GEORGE I. BORGER Buceessor to the Business of JAMES ¥ SHEA 643 Indiana Ave. N.W. Construction Loans F.H. A Insured Mortgages Loans up to 80% of actual valuation FREDERICK W. BERENS McLachlen Buildin, Phone National 8!80 Mortsage Loan Correspondest for uranee Compani %% MONEY AVAILABLE For Construction Loans and Loans on Improved Properties in the Distfict of Columbia. Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 BUILDING LOANS at Low Interest Rates (Monthly Repayments) WE HAVE ample funds available for loans on large or small projects in the Dis- trict, nearby Maryland and Virginia. It will pay you to find out about our Mortgage Loan Plan. WEAVER BROS in¢ REALTORS Mortgage Loan Corvaspmdent Matropelitan Lifs Inranes Company WASHINGTON BUILDING DISTRICT 9486 LOANS D D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or ing. Loans repayable monthly. No charge for appraisal 'f loan is not made. charged only on unpaid balance of principal. EourrasLe Co.oprERATIVE A ssociaTioN 915 F STREET N.W. Organised 1879