Evening Star Newspaper, September 25, 1936, Page 19

- CURB LIST MOVES TOLOWER LEVEL Industrials Down Sharply as Fractional Declines Rule Elsewhere. By the Associated Press. NEW YORK, September 25.—The eurb market looked soggy today as & result of sharp losses in various indus- trials and uniform fractional reces- sions in other leading groups. ‘With the trend down from the start, Aluminum Co. of America had worked into & loss of more than 4 points in late trading, while Gulf Oil coasted more than 2 under the previous clos- ing. Lake Shore Mines and American Manufacturing gave up around a point each. Fractional losers included American Gas & Electric, American Cyanamid “B,” Electric Bond & Share, Niagara Hudson Power and Newmont. CURB BONDS DOMESTIC BONDS. Hign. Low. 1 p.m. TR loul: 1utl3 106t m‘: Ag‘l u:l‘% ni v Abott's Dair Pw 4! AR em e Dz Amer G&E, 58 Amer P & L 65 2016 Amthon S’ m‘ 4% & E 5 Atla: ply B B 38 s llll‘z lm nu’ 10430 10812 1033 Cent Anz L&P, Cent 1il PS i‘u 'p Cent Il Psbnl G i DN3s BN 106%¢ 105 10412 10 101z 1plta 99" 99 1enita 1enit 26 9 o B0V B0V i 28 Z| Cent&s W Ut NEW YORK CURB MARKET ) ENTRAL PROFTS 'lmullwn-n-mm Salee— - nmaum Add 00. Nigh. Low. Close. Acme W vte (3).. 368 47 41 47 Adams Millis 15t e 110 [ P—— (B).. l N W Aero Supply Hir] “u Prevd A:n-lwonh ll)I - 5 Y Alr [nvestors Ine. Ala Gr'tSouall. l.o- oy “u L) Ala Pwr pf “f) B ::I :’ kel ‘Il Alabam Pw pf ( . Allen Indus (t1).. 26y, 3645 uu Alum'n Co of Am. noa 182 130 130 Aluminum Co of Am pf ($4%).100s 120 120 120 Alum Goods t60e.. 175 17% Alum’n Ind (40c). $0s 93§ 9} f}4 Am CitlesP& L A (3). __.-200s 413§ 4134 4134 Am Cities Pwr & Lt(A)ww (3%). & 4% 4 &)} AmCP&L 6 64 €5 Am Cynam B 60c. 17 335 82)§ 38) Am & For Pw ww. 3 3 Am G&E (1.40) __ 4 399 Ar G&E pf (6).-. Am Gen Corp. .- Am Gen C'p p£(2). B Am Genpf (234)_. 1 Am Hard Rubber_ 50s Am Laun Mch 600 7 Am Lt&Tr (1.20). 3 AmL&T Dt (1%)-_ 1 Am Mg Co______.276s Am Maracaibo.... & Am Meter (a75¢c). 9 8134 304 Am Superpower._ 26 3% 2 Anchor Post (d).. 6 2% ¥4 Apex Elec Mfx_.. ®» B Appalachian Eles Pwr pf (7) .._. 208 110 110 110 Arcturus Radio T. 14 1% 1% Ark o % Ark NatGascupt 42 94 Ark NatGas (A).. 13 % Art Mot Wks 60c.. & 146 As30G&Elec.... 2 Ass50G&E(A)... 12 AssoG&ESSpf.. 1 Assoc Invest 113 un- Asso Rayon . __. Atl Coast Fisher_. BellancaAireraft. Berkey & Gay Furniture Co. Berkey & Gay Furn pur war. Black & Decker ... BlissCo(EW)._.. Blue Ridgecvpf 3 Blumenthal S____. Bower Roller Bearing (a1%)- | Bowman-Biltmore Hotels 1st pf(d) lD. * | Brit-Am Tobace reg (a7s 7-10c). British Celane: Ltd rets_ Brown Co pf._. Brown Forman. Buffalo Niag P pf (1. Buffalo Ni; & Estpt xn pL(s Butler Bros. ... Cable El Prod Calamba Sugar Estate (11.60). Can Marcon! __ Capital City P 60e. Carib Syndicate... Carman&CoB... Carnation Co (1).. Carrier COrp. - oo Casce Produets... CatalinCorp._.._. Celanese 1st p£(7) 125 Celluloid Corp pf_ 608 Celluloid 1st pf 34 108 Cent HG&E 0 9% 1 2834 2834 §0s 106 108 12K 6 1% 136 14% 2 (] 2634 1% 20 i 9 10834 9 90§ 3 165 82 - " AP RN O L Central Pwr & Lt 7% pf (3%)___. b0 . Cent States Eles—. 13 Central States Electric 7% pf-. 360 Centrifugal P 40c. Cheseb’rgh (14) Chi Flex Shaft ¢! Chicago Rivet & M (113%) ccae. 1 4 2 | Chief Consol "~ 1 S ] S| W 3 2PS 3222555515 L mmon SaLAS S S Sm D AR 23333332338 R RS NR IS ERE & FoRESNR & 215533 ES 351555 oo b, s s e F e SRR-E2332335% G TR ol EESE EEEEE 2 EEEECE 23: 2, X NS5 & R’ g g2 & SR232 EEEREEEEE SRS 2835 73 3 10! ey 53 X Soaea REER EFETES Wik £ 0, Er_ "; T ab 355 it bt 29 P Seviecidigd 2350 D2355! Saam20: 23u22228232222355 '_2 : 220 > = SR NN BIBBIZIFAR Qo o a Upatia) H9a0k nd 222, 1] 2 % rfis?’.""” 5 o CERyS) ot D LS §Einay S > 33 s 2 & 3 2% 1 a734 102" 108 xg;'. 109 103 3 »V‘ "o, g, . S , S2aTenzn ELER L 222 Fi EECPECLEE FEE ‘st Penn West Ba Frac' s, . ;, ghfi‘:l A“Bs RS 8353333333 SRANIZRR 233238 I OSESE =t 835313233332528 I FESSS 33-9-::::0 Sn=o: o i b Fadrt ] W F RS 2.‘.:::::: WSS ! ww—With warrants. xw—! A low. " Wi When " lseecd. fants (stp)—8t. !muu‘-b“n.g anies reported in malred by maturty, | B NEW YORK SUGAR. YORK. September 25 unchanged st 4. ..M th & moderate wif tan-n 3 _announced list p;n::_mu be 4. m.“m‘ shipped within 10 Refined was nulated. wi W'!d 4 fmh NITRATE PLAN APPROVED. NEW YORK, September 25 (#).— Recrganization plan of Lautaro Nitrate 3 ., Litd., has been approved by Amer- British stockholders at meet- to the 20th day. .and Childs Co pf..__..22bs Cities Service___. 61 Citles Service pf.. City Aut Stpx 60e.. City & Suburban Homes (30¢c) .. Claude Neon Lts_. Clayton & Lambert (a20c). Clev Elec Illu (2). Clev Tractor._._. Club Aluminum__. Colon Develop Co Ltd (The)____ Colon Dev 6% pf_. Coli's PFA (1%)- Columbia Gas & Elev cv pf (5)_.600s 101 Columb Ofl & Gas. 23 Com'with Ed (4).. Com'with & 8 war. ® amme an we 9% L 8 10834 106 L ™ - ldllon Bros(1.60) Font goi, S conrie 230 113 e | rord Community PL 805 40} 40 Machuto(Soc). 18 18% 144 Consol Aircraft_ . 9% 19 Consol Cepper-— 16 '8 [ Consol Gas of © Mlt!:'(:l.l.:)— 3 %0 ons - 8 1 Consol Retail ” Strs 8% pt (N). 208 9 Cont Roll & 8 Follldry__ll“' l“l’ Cooper Bessemer.. Cooper Bess pf A Cord SRS Corroon & Reyn. Cosdeén Oil ll. @y Coldan“. vt (4) Crane & Creole Pet (agbe). Croft Brewing __ Crown Cent Pet__. Crown Drug a20c.. Cuban Tob vte___. Cusi Mex Mining.. Dayton Rub (11) . Derby Ol & R____ Detroit Gasket(1) Detroit Gray Lron -n-!fl—.,:--: - o Howd Det Stl Prod afe.: 2 Diamond Shoe (2) u. Dictograph(alie). ler Die- Casting (as0c) . Douglas (WL) pt. Dow Chem (3.40) . Dubelier Condens. Duval Tex Sulph_. Eagle Pitch L 40 East'n G&F Same Eastn Sta Pw (B). Easy Washing Mach (B) ts0e - we wnel - = = ool llu B&S f (5)- Eleo BA&Sb pf(6). Electric Power 5 55 BE:S 5B 3 gft o Fo%F ge§iFtT g (218 1-108.cc. 9 L] 1 § ¢ 5% 2 Motor (Can) A (a78e). Ford Mot France... Froedtert Gr& M conv pf (1.30) __100s 28 3 | Merritt Chap & 8. 9 Middle States Stocks and Sales— Dividend Rata. A‘:. Rish. Low. Gen Teleaslo.. .. Gen Telcv pt (3) Gen Tire & Rt Glen Aldea C (1), Godchaux Sugar Gorbam p - Gorham vte ex(1). Urand Nat Fims.. Gray Tol 78 (1).. Grest Atl & Pae 3 3% 2034 D. C, FRIDAY, SEPTEMBER 25, 1936. WELL ABOVE 1935 x| August Net at $4,379,509, 3% s 1185 11434 1166 26s 13534 13834 12834 Greenfleld T& D.. Gulf Ol (1)aceeea Hall Lamp (a30c). Haloid Co (11)-_.. Harvard Bi Gold M Ltd tése. Horn&Hard 11.60. Hudson BM&S (1) Humble Oil (11).. 9% | Huyler's of Del 1% pt stp (d)... 80 1d 1 11 Pw&Lt 36 pe_...6008 lmp O Lta coupon (t60e).. 16 1mp Oil Ltd reg (150¢) 1 Indiana PL(f406). l Indus Fin vie___.. 3% | 1ndus Fin 1% M-."h intl Hydro Elec System evpf .. Int Mining (60¢) .. intl Mining war._.. intl Petro (113%). Intl Products.. ... Int Safety Raz(B) Intl Utll (A) e intl Utll (B) ... Intl Vitamin t40c_ Interstate Power Inv Royalty (3¢)- Aron Fireman (1). irving AirCh (1) Jacobs(F L)Co(1) Jersey Cent P& L PL(6) .. Jersey Central L(1) e Jonas & Naum.__. Kingsbury Br (d). Kingst'n Prallc.. Kirby Pet (20¢) .. *| Kletnert Co(1206). Knott Corp (20c).. KoppersGas & Coke pf (6)._. Kreuger Brew (1). Lake Shore M (4). Lakey Fy & Mach. 4 Lenigh CAN(SD'). 1 2 Lit Brothers...... Lockheed Atrcraft Lone-Star Gas 40a Long 1sland Light Long IsLtpfA 1. Loudon Pk n t50e.. La Land (400).... McCord Rad (B).. McWilllam Dredg. Mangel Stores. .. Mangel Stores pf. Margay Oll. Marion Steam Sh.. Massey Harris ... Mass Util Asso... Mead John (13)... Memphis N G a20e - ol Rultk. Mesabi Iron Mich Bumper C'P. - o CHAANNHERT~ Petrol vte (A).. Middle States Petrol vte (B)_, 7 % " Midvale Co (a2)_.100s lfl( L4 Minn Min&M£(11)100s 33} 38} 33} | 734 | Nat Bella Hess__. 84| Nat Fuel Gas (1) 3 | New Haven Clock. Miss Riv P pf(6)_. 208 Mock Judson V___ 1 Mohawk Hudson 18t pf (4)_ 1268 Molybdenum Corp & Moore Dist (t50¢) 6 Mueller Brass $00. 23 Nat Auto Fib(t1). 3 Nat Baking Co.... : at P & Lt pt (6). 50s at Refinin, L] NatSugar NJ (3) Nat Transit (7c). N.:l (Oscar).... Corp. oo New Brad O allc.. 1 3 3 3 1 3 NJ Zine (12) .._.180e Newm't Min t1%. 1 N Y Steam___. ks L 1% s 15 mu l’i nK N Y Water Sve pf. 408 54 Niag Hud Pwr___ Niagara Hudson Pwr (A) war___ Niag 8h MdBal0s 6 Niles-Bem-P (a1). 9 Nipissing (af0e)_. 31 Noma Elec (a40e). 17 NorthAmL&P.. 2 North AmL&P 8ve 6% pf (3)__ 108 Nor Ind Pub Sve 1% pe (3% ) Nor States Pwr A~ Novadel Ag (3)... 1 Okla Nat GasCo.. 12 2384 24 % 144 118 < 1756 17 N Y Tel ot (6%)_. 808 nu( 121 1213 5335 3 % T 304 Okla Nat Gas pf..300s 303§ Oldetyme Distil_.. ¢ Outboard Mot (B) 3 Paecific Eastera... 14 PacificG& B 1st Df (l% Yeooe 1 Pac Pul 2 Pac !’ln -m (13) 1008 Pan-AmAir(1).. 1 Pantepec Ol ____ Pennroad (b20e) .. Penn GAE (A) 1% Penna Salt (4).__ Pepperell Mg (6) Phila El Pw pf(2) Phillips Packing.. Phoenix Secur ... Pie Bakeries 160c.. Pioneer Gold Mines Ltd a80c . Pitney Bowes 40c. L B33 93 | Pittsb'sh P G(13). Potrero Sugar.... Powdrl & Alx 60a. Power C'p (Can)._. Premier Gold t13e Producers Royal_ Prosperity Co (B) % | Prudential Invest. PubSvaIndpf.._ Pyrene Mfg (40¢). Quaker Oats (t4). 10s Ry&Lt Sec(albc). 36 Rainbow Lum (A) 1 Rainbow Lum (B) 38 Raym'd Concrete. 1008 Red Bank. ... Reed R B new 1508 Reynolds Invest... - SR wennnunnsSan . ivoy Ofl. _. - Schift(The)Co (3) Scoville Mfg al.50 80s Sexal Lock & B - Selberling Rubber ¢ Selected Indus allott etn(l% ) l“- Saf Control._. L Bs Fof 5st.F actBas®ss " L 3 M T U T T “K 34 l‘ = & - 3 o] 100)$ 2% 3% 16 1 1% ¥ Against $2,762,139 in Month Last Year. By the Associated Press. NEW YORK, September 25.—New York Central Railroad Co. reported August net rallway opersting income at $4,379,509, after deductions for de- preciation and retirements, but before fixed charges and other income, com- pared with $2,762,139 in August, 1935, an increase of $1,617,370. Passenger revenues were $5,612,962 against $4,- 813,952 in the same month last year, | gain of $799,010. H operating income, L. W. 60s 104 104 104 4 204 T 065 o8 8 233 | The Minneapolis & St. Louis Railroad Misseuri Pacifie. ‘The Missouri Pacific Railroad Co.'s August gross gained more than $1,000,000 over the like 1935 month president, reported. He said tember gross is running 18 cent ahead of a year ago. llinois Central. CHICAGV, September 25 (#).—The Tliinois Central system today reported combined net railway operating income for August totaled $1,160,328, an in- crease of $632,990, compared with August, 1935. Railway operating revenues totaled $9,455,328, an increase of $1,578,423. For the eight months ended August net railway operating income 8,310,202, an increase of $2,- 444,799, compared with the correspond- ing 1935 period. Railway operating revenues totaled $72,530,532, an in- crease of $10,423,158, compared with last year. 2 Minneapolis & St. Louis. MINNEAPOLIS, September 25 ().— reported net income for August of 8% | $137,517. Net income for August, 1935, was $94,475. For the first eight months % | of this year net income was $505,831, compared to a deficit of $249,751 for the corresponding period in 1935. Officials attributed the improvement to mounting freight traffic, — %|LAKE GRAIN SHIPMENTS AGAIN RISE SLIGHTLY By the Associated Press. CLEVELAND, Ohio, September 32S. —Lake shipments of grain out of Fort William-Port Arthur, Ontario, showed " | o slight further gain during the week 5% | ended September 18, the Lake Ship- pers’ Clearance Association reported today. Wheat shipments are listed at 17,440,363 bushels, compared with 6,- 943,962 the previous week and 5,53 141 435 in the like period last year. e 1ns % c. Receipts of wheat at elevators there amounted to 9,495,293 bushels, a de- cline from the 11,659,352 a week ago, but & gain over the 7,605,933 a year 8go. NEW REFINERY BUILT. NEW YORK, September 35 (#).— Atlantic Refining Co. reported its new $5,000,000 refinery, under construc- tion at Port Arthur, Tex., will start 53| operation January 1. 144 X 12 634 2% % 34 [ 3434 | Thew Shovel Coal 200s 30} 3 Tri-Contl C wa 4| Square D pf A 3.301008 flvllildl‘!‘ ‘“00 High. Low. m !oPmOfll"l‘t) @0 3% & b ] Southn Calif E4 of (C) (1%).._. Southn Colo Pw A. South’n Union Gas Southl'd Roy 40e.. Spencer Chain Stores (60c) ... ¢ Stand Inv cum pf. ul Stand Of1 Ky 1. Stand O1l O a2be... Stan Oil Ohlo pf §. Stand Pwr& Lt _ Stand Prod (a26c) Stand 811&Ld a3c.. Sterchi Bros.. Sterling Br (a¢6¢). Sterling inc(ase). Stetson (J B) . Stuts Motor.___— Sullivan Machine_ Sunray Oil (a5¢).. Sunray Oil cumpf 2%). 1 Sunshine Min (2). 11 Swiss-Am Elee pf.100s Swiss Oil (40c)——. 9 Taggart Corp____. Tasteyeast(Del)A ‘Taylor Dist (bbe). ‘Technicolor Inc. .. Tech Hughes 1408 Tenn Elec Pwr 1stpf (7). 1258 784 T8 T8 Tenn Products_.. 13 3 % Texas Gulf Prod.. 10 8§ 63§ Tex P&L pf (7).. 10s 111 111 ‘Thermoid Co pf.. 300s 763§ M % % L u 1634 3 3934 Tilo Roof (t50c)_. 3 12% 124 Tobacco Products Export (10c)__. 3 8% Todd Shipyard (3) 50s 46} Trans-Luz Daylite Pic 8n (30¢c) ... : £) 1 - 2% ‘Tubise Chatillion. 16 1034 ‘TubiseChatl (A). 1 ¢ ‘Tung-Sol Lampa. 14 8% 9} | Tung Sol Lamp % | Un Trac (b1%) o5 zetipe¥reeeinc - 2 (3 § £ Df (80c) new__. 183 12 Twin Coach (40¢). 23 18} - 208 Unit Alr War...... Unit Gas C war___ Unit Gas pf(31%) Unit Lt & Pw (A). UnitLt&Pw (B). 1 l UnitLt&Pwpf_— 8 7% United Molasses Ltd (8133-5¢).. T €3 United Shipyds 3 1% Unit Shoe M 133.350s 89 U 8 Foil(B)(60e).. 16 U S & Intl Secur. 14% 6f 4 163 m 2 3 ll‘h lllh llm 15 o w 51 l'l 65 8% 1% 14 2§§ Univ Prod (a1%). $0s Utah ApeX.. oo e a3 (32.91 G) 128 Utilities Pwr & Lt '”l‘ ulhlut(l). ?. 23 goek ¥egf Bels Western Texas Util pf (33%). Coal & Coke. A W Va Weastn Air Ex(n). West'n Mdpt ... Williams O11-0- Matio (a26e) ... Wil-low Cafeteria Woodley Pet(40c) Wright Harg t40e Youngstown Steel Door (a2be)... Yukon Gold (ade). - e s - 22 23e5 Pepf Boepp? glege-t - 28 sec Fopl 8pe8p02 cBess¥aes 1| 8 FINANCIA How the Price of Kennecott Copper Stock Has Fluctuated During the Last Four Years Prices of Kennecott Copper Stock 1933193 35.12 and 123.81 Times Eamingl AR 11 IIIIIIIIFIIIIIIIIIIIIII ull AL fiffilll II!WIIIIIIIIIIIIIIIIIIIIIIII EASTERN AIR LINES EXPRESS IS DOUBLED Speeial Dispatch to The Star. NEW YORK, September 25.—Air ex- Ppress carried by Eastern Air Lines in the first eight months of this year more than doubled that carried dur- ing the same period last year, with a gain of 101.8 per cent, it was an- nounced by Capt. E. V. Rickenbacker, general manager, Recognition by Southern packers of perishables of the potentialities of swift shipments was given as a prime reason for this tremendous incresse in air freight. At the same time gains of 39.8 per cent in airmail carried and of 183 per cent in revenue passengers carried for the eight-month period over the same period in 1935 were registered, Capt. Rickenbacker said. Washington Exchange SALES. Bank pfd.—10 at 102, 10 at 102, 102. 10 at 102, 10 at 102, 5 3 Real Estate Mtge. & Guar. pfd.—100 at 8%, 100 at 5. AFTER CALL. Cor ‘The Carpel Corp.—10 at 25, 100 at 25. | 5 Lanston Monotype—12 at 84%. Lincoln National Bank—10 at 205. Bid and Asked Prices. BONDS. PUBLIC UTILITY, Ao kgtl col "i‘r B-. ...‘_........__. si':zaggzz,;gzg T EF 'S 'y Chase Club B l. countn Club & W. M. Cold Sterage T o—1 8—een 101 au - o8, =8 BANK AND nm cam Sbl & Tr. Co, (eR)__ 250 2o thesda (b.18)_< er. Sec. Bank ?l ital ¢ American Corcoran Piremen's (1.60' National Union (.60) TITLE INSURANCE. (30) __ 3% g‘c‘i""-u’m oEr DIVIDENDS ANNOUNCED ber 25.—Divit 'pnr-‘- "":mm Standard Seterorss tistica Corp)l ™ L - Stk of cn-mgm Pke lflt‘ Prod _ uflmonu Xnmbl; 28 Woodward & Loth 37'a¢ Increased. Atlantic_ Steel_____$2.00 204 o 5 ...',:'A t no.,.?fi.. 8 ."555553'% A A AR Toat igh MeLellan: Sirs - McLel e 'va S 85 a% Di-31 u.fi Enaaes 0OOODOOOOPOD. OORER | OBOO .-.-.-»-E-.-.—--—-»—- e & 900 AR L - 194 Auto Production At 20,567 Mark; Upturn Foreseen £ Am By the Assoclated Press. DETROIT, September 25—Ward's Automotive Reports said today that production of the motor car piants | Saroli this week totaled 20,567 units, com- | Soan pared with 26,640 in the preceding week. Reporting five more plants en- gaged in 1937 model assembly work, it said the industry now has passed its low point in production. Cram's Reports, Inc., estimated this week's output at 15,680 units, com- pared with 33,600 units last week and 15,994 during the same week of 1935. INVESTING COMPANIES ank letull" D!:leu!f-.“ b (Noon quollflul) Admin Pd 2d In Am Gen Eq Inc a - % 4310 b = o BSI2TETITIRARIE e B 0900001300910 D b i 8L 0D M IOR RRDWIE. DB 1 i 1 e 131N DA D153 D D 29 i D050 D ¥ttt et 2inins i ! =) a29onia: e BB 19 EERT R riet NflY Bk Nor Am @ e £ D195+ 11RO AR 1 IR e L et s. o1 21D D020 Tmnnd N Y Wellington Fund NEW YORK BANK STOCKS NEW YORK, Iullunlgr u P —New 's" iat! km R Re BRI B RAC RPN D o 'm‘. . it 1 ll rnn. H Ym T Manufacturers l‘n\lllglllflffl NY ). —New INSURANCE STOCKS IM New h{ 3 2! York urity lers’ A-Odl! =] SS8RA § i F Pttt PR wpasoamineine o 3 2.83.2 ket S PR P ouarats IR B3 umaea T U 8 Pi A Westchester ( Also_extra or extra s—Declared or paid so far this year. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney Co.) Am Tel & ol 51 43 i3 3 | group, home rails and gilt-eds abash Rwy Co Warner Bros 6s sy estern — CHICAGO LIVE STOCK. 2, SEICAGO, 2 (United M“'flbfi' Jeaire) ~Ho luding 2.5/ . mos stronger tham Th ished light fioohnznu l! Gb. ives, slaughter -u::y. |=°?nul.y sctive st ight S0: vetier mades ; ower grades d"‘ wnward f; less for common grassers: under 7.50:" plain _srassers 26.00: few beef co S0: cutter srades. 3.00 alers. steady, outside lers largely 10.00 50: siockers and feed. w 25a50 decline. 000, including 3,500 direct: fac lambs active: 25_higher: lsmbe. & k fi'fls, Bfllk 200-250 100 Best 201 Cattier 1,500 Classes senerall Teek: nll FOREIGN MARKETS. LONDON. September 25 (P.—Securities UI the stock exchange closed unsettled. Persistent uneasiness regai soid bloc urrencies caused selling on a heavy ac: &dmtrl held” fairly steady. with ues in demand and the trans-Atlantic ged _division hanged. Foreign bonds urse experienced a ner- today. with active demand for rentes, nurud \ssues and Dank shares. Irregularity ap) selling_ at - higl !r 'flell about 2 francs advan, }- quoted at 7100 & 100" sesterd Prices thorities announ T Tranchctions. for end-ofmonth: settles ment must be settied in cash on September 43,, | 30. with no carry-over permitted. l-l:_?teln 'd :st |e Agricult : de w City Kket) h. 038 lflosgr '"fi"" 'lf‘nu st OTIODE Cwec 5 00ad. 00 Utilities Power & Light Corp.—De- flicit. 12 months ended June 30, was 41,739,819, advertisement mudumo'm of an ofer to buy, any NEW YORK PRODUCE. . 28 firsts ::em.nlmd 60 peore). B30 81.722: zul!t iand nmn.nna ! Wldtl! stea y to firm. y_fre! Chickens. Rocks, eolorca i "Hocks. 21a24: horns. 1Raif: rkevs unauoted: nged. l‘m'" express | AREed. e and ressed poultey steady. frosen prices unchanged. of 200,000 Shares PLANTS PREPARED FOR STEEL UPTURN Carnegie-lllinois Fires New Furnace—Beehive Coke Ovens Cleaned. By the Associated Press. PITTSBURGH, September 25.— A U. 8. Steel subsidiary blew in another blast furnace yesterday simultaneously with reports of cleaning up activities’ about its long-idle beehive coke ovens, steps which the steel trade here re- garded as indicative of an impending increase in production. A fresh wave of buying by auto- motive, raflrosd and other industries seeking to escape a $2-a-ton increase effective October 1, and the uncer- tain labor and coal outlook for the second quarter of 1937 have been ex- pected to step up the output, placed at 734 per cent of capacity last week by the Iron Age. The Carnegie-Illinois Steel Corp. blew in the twenty-first of its 38 dis~ trict blast furmaces in the suburban Edgar Thomson mill, the largest num- ber it has operated since 1930. A year 8go 12 were in use. Observers Puzzled. Uniontown reported the H. C. Frick Coal & Coke Co., producer of vir- tually all the coal for the steel core poration, began clearing up several closed mines and beehive coke ovens there. Officials declined to affirm or deny this report. United States Steel companies have not used beehive coke for years, be- cause valuable by-products are, wasted in its “coking.” So this latest step puzzied some ob- servers because the corporation is supposed to have sufficient by-prode ucts plants to supply all of its mills. ‘The huge Clarion, Pa., by-products plant has been using its 1482 ovens for some time, but there is an idle 180-oven plant at Cleveland and a battery of 53 ovens not working at the National Tube Co.’s Lorrain mills, One source advanced the explana- tion that beehive coke ovens can be placed into operation faster and cheaper than the by-product plants. Labor Showdown Awaited. Several other steel company sub- sidiaries have ordered beehive coke recently, paying $3.80 a ton, an in- crease of about 20 cents over the former market. Some of these, how= ever, are understood to be committed to deliver much of their by-product coke to the domestic market. The industry is looking toward April 1 as a likely “zero hour” for a labor move. On that date the United Mine Workers' contracts with coal operators expire, unless a new agreement is reached. President John L. Lewis and Vice President Philip Murray are the guiding figures in the big drive to organize the steel workers into one union. PHILADELPHIA PRODUCE. DrEHILADELPHIA. Septemoer 23 uP.— d poultry. " Chickens. all” sectionsy Live "poultry unchanged. A CONSERVATIVE INVESTMENT for a discriminating investor. iment 608 ‘r M‘eer llflk-lnn and int- ins i Mr. Phillios. A m::: ‘eall Mr. Phil ps. GOSS RI’.AI.TY COMPANY, Nat. 1333 2553 Money for Cnldrlmol I.oul Loans on I.pund Properties 5Y2% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER Successor to the Business of JAMES ¥ SHEA 643 Indiana Ave. N.W. MORTGAGE FUNDS Long or Short Term Interest 5% Let Us Solve Your Mortgage Problems Courteous and Prompt Atten- tion Given All Applications E. QUINCY SMITH, INC. Mortgage Loan Correspondent The Penn Mutual Life Insurance Company 909 15th St. N.W, Diet. 9057-9058 as « matter of vecord only and is under we circumstances to be these securities for sale, or as an offer to buy, or as & solicitation such securities. The ofering is wmade by the only Barium Stainless Steel Corporation Common Stock Par Valne $1.00 Per Shore Price $3.75 fer.rlm et Copies of the Prospectus may be ebtained from the endersigned: ]. 4. 81570 8 CoO. 63 Wdl Streat ° Members New York Stock Eschange New York, N. Y.