Evening Star Newspaper, September 28, 1936, Page 17

INANCIAL. CURB LIST TAKES UNEVEN COURSE Swings Range to Point or So in Each Direction as Week Opens. By the Associated Press. NEW YORK. September 28.—Sen- timent was confused in the Curb market today with swings ranging to & point or so in each direction. Montgomery Ward “A” late in the day had gained nearly 2 points, Jones & Laughlin more than 1 and Niagara | Hudson Power a major fraction. Aluminum Co. of America declined about a point and Crane Co. lost nearly that much. American Gas & FElectric and Newmont Mining sold off fractions. CARNEGIE-ILLINOIS NAMES EXECUTIVES Howard V. Clark Appointed Gen- eral Manager of Order Division. Others Also Listed. By the Associated Press. Carnegie-Tllinois nounced today Steel Corp. the appointment Howard V. Clark of Detroit.to be gen- | eral manager of its order division in : =l the general sales department, with of- | g2 e ‘Decker | BlissCo (EW) _. fices in Pittsburgh and Chicago. The position is newly created Clark’s group of changes. including the: | Atlas Plywd as0c.. | Austin Siiver PITTSBURGH. September 28.—The | Auto Froducts an- | BellancaAireraft. of | Berkey & Gay appointment was one in 2 | NEW YORK CURB MARKET By Private Wire Direct to The Star. Stocks and Sales— Dividend Rate. Add 00. High. Low. Close Aero Supply (B) 4 3% 3 l% Air Investors Ine. 2 ¥ 3 Ala Pwrpf (6)___ 30s T3% T8 78!( Alabam Pw pf (7) 20s 83 824 83 Allen ladus (11).. 7 2614 26% 26 Allied Pro(A)1%. 2 284 28 23% Alum’n Co of Am.. 660s 133% 131 131 Alum’n Ltd _ 3 66 LU 1} Am Clties Pwr 2 45} 45M 45M Lt(A)ww (2%). AmCP&L 2 64 64 64 23 841 834 B4y 2 8% 3% 3% 8 403y 89% 40} 109% 110 94 9% 34 84 87 22% 36 825 2% “® 2% 03] 863 b Am Cynam B GUe Am & For Pw ww. Am G&E (1.40) Am G&E pf (6). Am Gen Corp . Am Gen C'p pf(2). b0s Am Gen pf (23%) . !bl Am Lt&Tr (1. 20). Am Mfg Co Anchor Post (d) Angostura (20¢) . Apex Elec Mfg, Arcturus Radio T. Ark Nat Gas__ Ark Nat Gas cu pf. Ark Nat Gas (A).. Art Met Wks 60c. Ass0 G & Elec_ AssoG&E (A)_.. AssoG & E $5 pf.. Asso Rayon._ Atl Coast Fisher AtlanticC L (b1). Atlas Corp (a80c) Atlas Corp war- AtlasCpof A (3) Furniture Co. Berkey & Gay Furn pur war. % 26% 193¢ 3 « 21% Blue Ridge Calle Blue Ridge cv pf 3 Bower Roller Bearing (al%). other appointments: L. B. Worthington of Minneapolis. to be assistant manager of sales in the Detroit district. Wilber G. Somes of Cincinnati. to b2 manager of sales in the St. Paul-Min- | neapolis district, ington. Donald D. Buchanan of New Castle. Pa, to be general superintendent of the Vandergrift, Pa, works, succeed- ing W. L. Goodhue, retired. CURB BONDS DOMESTIC BONDE Low succeeding Worth- Appal _El_Pw Asso ElL 1nd 0313 | Cent Pw & ; an's Can Cent Sta :(.: 59 45 915 ¢ 012 X i3la 11055 1103, 110% 1103 A Cracinie Bteel Det C Gas o5 B Det In Brd 6. Dix GG &' P& * | consol Atrcratt. 2 | Creole Pet (a2ic). R4 Kl’ ®. F4 i ‘: 0‘1 £ EIGN hile MB 65 '31 ‘mat Danish Cons . ww—With warrants. xw—Without w. rants. n—New. wi—When issued. amped B.AILWAY INCOME. NEW YORK. September 28 roads reporting August net operaiing i come (befgre fixed charges and other in- come). included: Chicago G't” West'n Chicaso & E. Tlinois Colo. & Southern Pittsburgh & W. Va. Lackawanna - Beaboard Air Lines Virginian _Railway_ Atlantic Coast Line Central of Georgia_ *Deficit. FREIGHT LOADINGS. NEW YORK. September 28 (7). —Revenue freight carloadings on railroads reporting foday for week ended September 26 in- eek t. lfi Baltimore & onic™} m 43 Santa Fe_ 25 Prev. week T 28 31 (016 26,009 Northern Pacific Ry.—August net railway operating income was $1,389,- 863, against $1,006,567 in August, in eight months net railway ansrating income was $3,645,997, » | Citles Service____ 2 | Cittes Service pf_. | Cuneo P pt (6% | Ford Mot France Froedtert Gr & M 1334 | 19% 24 sy 2ily Braz T L&P adlc_. | Bridgep't Mach.. Brill Corp (B) Brill Corp pf. Brillo Mfg A (2) Brit-Am Tob cou | B (a7 7-10c). | Brown Forman___ 9% | Buckeye P L (3) 1508 48 Buffalo Niag & E | P pf (1.60) 1 25% Bulova W ev pf_ 8 | Bunker H&S 1. 80 Burco Inc z | Burma Ltd | 234 124 12% | Cable El Prod vte. 1% 14| Cables&Wire(B) ™ 5| Can Car & Fdry pf200s 20}, | Can Marconi__ 1 1% | Carib Syndicate 214 Carman&Co A 3 204y Carrler Corp - 181, Casco Products__. 16 2213 Catalin Corp__ 13 sl Celanese 15t p£(7) 75 107 Cent HG&E vie (80¢).___ . Central Pwr & Lt 1% pf (3%)___. 60s <Cen1&5W G ut States Blec . 37 Cent States Elec conv pt (new) Cent States Elec of 304 20 3 1 27 2035 17 21 8 84 10633 107 5165 6% 16% 83 2% = 83 268 6% 1508 | Centrifugal P d0c. & ! Charis Corp(1%3) 1 | Chi Flex Shaft 2 5508 | McWilliam Dredg. | Nat Fuel Gas (1) | Nat Leather THE EVENING STAR, WASHINGTON, Stocks and Sales— Dividend Rate, Add 00. High. Low. Close Hudson BM&S (1) b7 21% 2% 21% Humble Of] (t1).. 11 62 62 62 Huyler'sofDel_.. 1 3. ¥ % Hygrade Food._.. 6 8} 8% 8% 11l Pw&Lt $6 pf_. 508 55} B4 Imp Ofl Ltd coupon (t50¢) - 21% 2134 Indian Territory Ilum Oil (A) . 2% 3% Indiara PL(f40c). o4 Indianapolis P&L 9835 2% 16% 4 16 cum pf (615) Indus Fin vtc_ Indus Fin 7% pf Ins Co of N Am(2)150s intl Hydro Elec System cv pf_ Int Mining (60c) . Intl Mining war_.. int] Petro (113%). Intl Products Int] Otil (B) Intl Vitamin t40c_ Interstate Power (Del) pt__ Irving Afr Ch (1) Ital Superpwr(A). Jacobs(F L)Co(1) Jersey Cent P& L 5% % pf. Jersey Cent P& L DL(6)_____ 108 Jersey Central P&L (7). Jonas & Naum Jones &Laugh Ken Radio Tube & Lamp(A) 37%c. Kingsbury Br (d). Kingst'n Prallc.. Kirby Pet (20¢) __ Knott Corp (20c)_ Koppers Gas & Coke pf (6)__. Kreuger Brew (1) Lake Shore M (4). Lakey F'y & Mach. Lehigh C&N(30¢). Leonard Oil Lion Oil R (a50c)- Lit Brothers Lockheed atrcraft Lone-Star Gas 40c Long Island Light Long IsLtpf A 7. La Land (40¢) Lynch Corp (2 McCord Rad (B).. 3 6 15 15 1135 L 18 2 . ! i 3 268 9834 54 62% 2 5 11 1 i 1% 2% 5 o L 17y 2% 5% % 9 £ 420 2uy 23y 17 BN 8514 65%4 164 b4 bu 11 9§ 144 Y 83 13% (3] 3 1% 393 12§ i 14% . 3 8% 14 Marion Steam Sn Masonite Corp 12 Mass Util Asso __ Mayflower As (3) Memphis N G a20a Merritt Chap & S_ Meritt Chap & 8 Df (A)__ Mesabi Iron Mich Bumper C Mich Gas & O11 Midvale Ca (a2) - 258 Minn Min&M{(11) 3408 Mock Judson V___ 11'1 608 3 53 6 o4 51 508 2 3 4 3% 3% 3 70% 3334 1534 mu 3335 163§ 508 10434 10434 10436 | Sk' ARRIER EARNINGS 103 August Nets Total $56,- 090,777, Compared to $36,833,008 Year Ago. By the Associated Press. The Association of American Rail- roads reported today that the net rail- way operating income of 103 class one raiiroads for August was $56,080,777, compared with $36,833,008 for the same month last year. The railroads included in the report represented 84.3 per cent of total op- erating revenues, the‘association said. Operating revenues of the 103 car- riers totaled $296,322,252 last month, a5 compared with $247,918,064 in Au- gust, 1935, the report said. Operating expenses totaled $207,134,356, com- pared with $186,285,709. Taxes paid in August totaled $24,- 285,340, an increase of 39.9 per cent over August, 1935. Fifty-one class one railroads, rep- resenting 93.3 per cent of the total revenues in the Eastern district, had |8 net operating income of $33,299,348 | last month, compared with $21,744,140 for the corresponding period of last year, In the Southern district 22 class one railroads, representing 89.3 per cent of the total revenues for that region, had a net operating income of $5,972,033, compared with $3,029,964. Thirty roads, representing 72.1 per | cent of the total revenues in the West- | ern district, had a net operating in- come of $16,809,396, compared with $12,058,904. Beatrice Creamery. NEW YORK, September 28 (#).— Beatrice Creamery Co., Chicago, re- | ported for the three months ended August 31 net income of $828,189, after charges, depreciation and Fed- eral taxes. equal, after preferred divi- | { dend requirements, to $1.74 a common | share. This compares with $598.261, | or $1.10 a common share in the sec- | ond quarter of the last fiscal year. | | Commonweaith Edison. Commonwealth Edison Co. reported | August net income of $513,171, com- | | pared with $366,283 a year ago. Net Mohawk H 2d pf._. fi(ll 85 Molybdenum Corp 4 7% 1% Mont Ward A (7)_ 50s 1463 146% 1462 Montana-Dak Utll 1 16} 16} 164 Montreal H Lt & Pwr (133) 2 331 33 Moore Dist (150¢) 8 8 Mount Prod (60c) 634 Mueller Brass 80c 3% Nat Auto Fib(t1). 3733 2 2044 3334 8 38 373 215 201 1% 1 Nat Bella Hess | Nat Investors__. 1 = Nat P & Lt pf (§). bon Nat Rubber Mach Nat Sugar NJ (2) Nat Transit (T5¢) Nehi Corp _ _ ¢ 2 2674 1 1135 1 New Haven Clo N J Zine (12) = 58 | Chicago Rivet & M (11%3) | Childs Co bt o S—{ 1] 81 | Cities Service (B) City Aut Stpg 60c. | City & Suburban Homes (30c) Clev Tractor. Club Aluminum __. Colon Develop Co Ltd (The) Colon Dev 6% pf_. Columbia Gas & Elev cv pt (5) | Columb O1] & Gas Com'with & § war Compo Shos Mach s t c(50c). 9 14 2 625+ 103 20 34 1n % 100 10234 34 34 % M 18% 1bi4 1944 % B 11 % 15% 1915 Consol Copper. 5 Consol Gas of Balto (3.60). ___ Contl O] (Mex) _ Cont Roll & Steel Foundry .. | Cooper Bessemer_ Cooper Bess pf A Cord Corp Cosden Ol Me (fl) | Courtaulds Lid (a3 2-5¢). { Crane & Co _ 8935 8334 % 15 23 b1% s 2% 14% 21% 5135 8914 2514 1% i | Crocker Wheeler- Croft Brewing Crown Cent Pet Crown Cork Intl (A) (31) Crown Drug a20c. Cuban Tob vte _ Cusi Mex Mining.. Darby Petr (50c) . Davenport H (1)._. Dayton Rubhber __ Dayton Rub A 11_. Detrolt Gray Iron Foundry (20c) .. Det Pap Prod t25¢ 1 | Diamond Shoe (2) 1608 Dictograph(alsc). & Doehler Die- Casting (a50c) . Dow Chem (2.40) . Draper C (2.40)_ 320s 733§ 73 Dubelier Condens. 2 4 4 Duke Power (3)_. 80s 77 177 Eagle Pitch L 40c. 4 125 1234 EastnG&F Asso. 9 84 1% East’'n Gas & Fuel Assoc pf (6) ... 150s 61 East'n Gas & Fuel prior pf (4%) _ 2608 Eastn Sta Pw (B). 2 Easy Washing Mach (B) t50¢ Eisler Elec Corp Elec Bond&Shar Elec Bd&Sh pf(6). Electric Power Assoc Inc(allc). Electric Power Assoc (A) allc. Elec Shovel Coal part pf (d) _ 508 Emp G&F 6% pf_. 80s Emp G&F 7% pvf_ 600s Emsco Derrick(1) 313 164 9% 2934 24% 3 36y 1117 17 17 73 . 7 12% KErY 60 60 2% 5 Ex-Cello Air al5c- Fairchild Av new. Falstaff Brewery. Fanny Farmer Candy (50¢) - Ferro-Enam (al). Fidello Brewery. Fisk Rubber Fisk Rubber pf_. FlaP&Lopf . __ 5008 Ford Motor Ltd (al8 1-10¢c..... 21 Ford Motor (Can) A (a76c). " 2 Ford Motor 268 26 2 2% 18 18% 574 1% 100 19% 25 2% 18 184 57% 134 100 20 (Can) B (a75¢) 2% 18 18% 74 13 Gen Out Adv pf__.100s IN Gen TeleaSlc__.. 82 conv pf (1.20) .. 2508 Gen Firepr'f td0e. § Gen Gas & Elec 0(‘ 4 123 | Newm't Min t13 . N Y & Hond (11)_. N Y Merch (12) N ! Steam .__ N Y Tel pf (6%) 50s 26 1 a2y 1 18 1268 121 26 a2y 18 120 120 | N Y Water Svepf. 208 5535 B43; 554 | Nlag Hud Pwr___ | Niazara Hudson Pwr (A) war___ | Niplssing (asoe) . | Noma Elec (a10c). 9y |North AmL&P . 4 3% | North AmL&P pf a.'.o. 58 North Pipe L(30c) Nor States Pwr A. N W Eng (a2ic)... | Novadel Ag (2)-. | Ohio Oil cu pf (6). Oil Stks Ltd 140c.. 1 Oldetyme Distil _ Outboard Mot (B) Overseas S (a50¢) Pacific Eastern__. PacificG & B 1stpf (1%).__. 6 Pacific Ltg pf (6). 508 10 Pac PublicSve .. ¢ Pac Tin spec (12) 100s | Pan-Am Afr ). 1 Pantepec Oil 57 Pender G (A) (37401008 2% 2935 2~:\, Pennroad (b20c)-. 32 b 474 Penn P& L (7) . 108 110 110 Pepperell Mfg (6) 2608 %03, 90 Phillips Packing_. 38 1133 11% Phoenix Secur.__. 6 5% 5% Phoenix Secpf A3 1 3615 365 Pie Bakeries 160c. 4 155 154 Pioneer Gold Mine Ltd (80c) Pitney Bowes 40c. Pittsb’gh Forging 6 1214 Pitts & LE t2% . 1008 9175 Pittsb’gh P G(12). Plough Ine (1.20). Potrero Sugar_ Powdrl & Alx 60c_. Power C'p (Can) _. Pratt & Lam a1l _ Premier Gold t12c Pressed Met 1% _. Producers Royal._ Propper McCal(d) Prosperity Co (B) Prov Gas (80c) __ Prudential Invest 5 1034 Pub Svs Ind pf___100s 29 Pub Svs Ind pr pf 250s 65 Public Sve Okla prior lien (6)__ 30s 100 Puget Sound P& Lpf (5)._ Puget Sound Pwr & Lt $6 ot 0% Pyrene Mfg (40c). 1 173 Quebec Power (1) 100s 20 Rainbow Lum (A) 4 Rainbow Lum (B) 39 15 1% 1475 % 214 1 “ 3 21y 9 1, 3 5% 34% 281 Saly 1 1084 1087, 1083 b 14k 14 6% 6% 6% 1% 1’4 s T4 L 343 8 (17 1 1 3 1 8 a2y h 10734 10,34 6% 64 40 0 7% 61 b1 by nn 903 1114 b5y 3633 1535 13 7% 3 8y 74 8 1% 11y 9L 914 1 1328 13245 13285 218 18 18 5 3 9y 1268 1514 1 31 8 14 758 1174 .125» 80}5 &0 4034 ki 0% el 20 % 1 el 5l ?'~£ Reybarn Co a25c.. Reynolds Invest Rice Stix DG bi0c Richfield Ol of Calif pf (d)_ Rogers Majes Roosevelt Field Root Pet'm(aZ5c). Root Petrol'm cv prpf (1.20) .. Rossia Intl Corp_.. Royal Typewriter. Rustless Ir & Stl... St Regis Paper .. Salt Creek P(80c). Savoy Oil. Schiff (Th Scoville Mg a1.50100s 44% Seeman Bros 12%. 1 444 Segal Lock & H .__ 274 Seiberling Rubber 3% Selected [ndus . 3 Seversky Aireraft Shattuck Den Min Shenandoah Corp - Shenand’h Corp pf Sherwin-Will'ms ot new (5) . 80s 111 Smith-Corona Type v.t.c. ext (a25c). 1 27 27 Sonotone C(allc). 29 24 2% South'n Calif Ed pfB (1%) - Southn Colo Pw A. South’n Union Gas Stand Inv cum pf. Stand Ofl Ky 1.40. 2 15% 23 85 11 1 27 2% 834 134 415 1 1 - 508 Gen Tire& Rub... 3 Gilbert (AC).... 1 Glen Alden C (1) Gorham vtc ex(1). 10 Grand Nat Films. 21 GrayTel P8 (1).. 1 Great Atl & Pac Tean-v (16) ... 50s 116 115 GuifOfl (1).____. 10 1013 m Hall Lamp (a20¢). Haloid Co (1) Harvard Brewery. Hazeltine (3) ___. Hecla Min (60c Hollinger Consol 115 _4 asainst $1,163,193. ) Gold M Ltd t65c. 10 Stand O11 O a2be. Stand Pwr & Lt . Stand P& L (B)- Stand P& L pf .. 100s Stand Prod (a25¢) Stand Sil&Ld adc- Sterchi Bros. Sterling Br (at5c). Sterling Inc(abe)- Stetson (J B). 10 Stutz Motor . Sunray Ol (a5c) . Sunshine Min (2)- Swiss-Am Elee pf 400- Swiss Oll (40c)__. 864 2 2 15 1 6 2 4 3 2 04 6% , 8% . 6% B | o | Pennsylvania Railroad. :' | net operating income was $4,07 *| compared w 1% | Lo income for the first eight months of | 1936 was $6.674.628. against $6351.- | 798 for the corresponding 1935 period. ! | P. S. of Northern Illinois. | Public Service Co. of Northern Illi- | nois and subsidiaries reported $136,- | 486 August income, against $104,599 | a year ago. Net for the first eight months was $2,177.817, against $2.034,- | 993 the corresponding 1935 period. | D. | graying Pennsylvania Railroad Co. reported | net railway operating income (before fixed charges and other income) in August amounted to $7,577,703, com- pared with $4,859.930 in the same| last year. Passenger revenues | e month amounted to $5.821,593, | increase of $920.346 over the same period last year. | C. M. & St. P. Railroad. | Chicago, Miiwaukee, St. Paul & Pa- Raiiroad Co. reported net oper- g income for August was $1.027- 8. compared with a deficit of $85,643 | the same month last ‘year. Gross | busy at his bookkeeping. C., MONDAY, SEPTEMBER 28, 1936. FINANCIA Value of the Silver in the Silver Dollar FAR ABOVE 153 Bland-Allison Law (1878) autherizes gov- ernment purchase of $2,000,000 o $4,000,000 worth of silver monthly —repealed in 1890 0 1840 1860 1880 1840-1936 purchase of 45 million ounces of 1933 act authorized pur- chase of new domestic silver at b4jc. 1934 act authori enough 4 of the monetary stock England, owing India silver, asked os (1918) to sell som We agreed, passing a law reducing silver circulation but also requir- ing government purchase at & dollar per o. of equivalent metal to replace that exported. Result: Silver Boom of 1919 1900 1905 - 1910 " 1915 SOURCE OF DATA: DIRECTOR OF THE MINT DAILY SHORT S10K NO RENDEZVOUS By Paul Jeffery. THEOBALD S SIMPSON squirmed amidst the splendor of the Primrose prome- nade. His eyes darted up and down the double row of tapestried chairs, and his hand shook as he brushed back the lock of hair that topped his thin temples. “Simpson, or I'm a Zulu!” came a voice from behind him, and he swung around so sharply that the rimless glasses nearly flew from his nose He was confront- ed by the grinning face of a portly in- dividual obviously ready for a con- vivial evening. A snowy expanse of shirt-front reached up to fleshy jowls and pendulous ears, the latter only a shade redder than the rims of the small, piglike eyes that peered down at him in amused triumph Simpson caught a strong scent of whisky “Good gulped “What's the financial world com- ing to?” cried the large man. “I leave the bank at 3 o'clock with Simpson I take my evening, Mr. Grant,” he for the month was $10,165.182, com- stroll through the promenade at 9. pared with $8.644.862 in August, 1835. For the first eight months of this year 098, h & deficit of $64,993 in | same period of the previous vear. | income is calculated | for all expenses, but 1s | nce for interest charges income.” the before allow and “other Standaid G. & E, CHICAGO. Septemb 28 (A .— Standard Gas & Electric Co. and sub- | sidiaries todav reported July consoli- dated net debit of $12,669, compared with a debit of $299.344 in July, 1935 Consolidated net income for the seven | months ended July 31 totaled $2,097.- | 806, against $803,784 the correspond- | ing 1935 period. These figures uexe; | exclusive of Deep Rock Oil Corp. and | | the Heaver Valley Traction Co, METAL MARKET. Quic 64.00, Wolfram Taggart Corp Tasteyeast(Del)A 2 | Taylor Dist (b5¢)- Tech Hughes t40c Technicolor Inc_. Texas Guif Prod_. 14 | Texon Oil & L 60c. 2 3 | | Thermoid Co pf- . 5008 | Thew Shovel Coal 4508 Tilo R f (150¢) - 2z sbaceo Products Export (10c) 18 Toledo kEdis pf (6) 10s Tonopah M (a3c) Trans-Lux Daylite Pic Sn (20¢) .. Tubize Chatillion. Tubize Chatl (A)- Tung-Sol Lamp n_ Tung Sol Lamp pf (80c) new___ Twin Coach (40¢). Unexcelled Mfg. Unit Air war._. Unit Gas Corp -—.- Unit Gas C war___ Unit Lt & Pw (A)- Unit Lt & Pw pf __ United Molasses Ltd (al3 2-5¢) - Unit Profit Share_ Unit Shoe M 1235 Unit Shoe Mach pf(1%) - U S Foil(B) (60e) U S & Intl Secur__. U S Intl1stpf 30% 125 | i 3% 104 1 3% 10% 46 L2 1 14% 234 11 ™ 1% 67y S Rub Reclaim.. % S Stores Unit Stores vte .. Unit Verde Ex ( Unit Wall Paper_. Univ Pictures____ . Utah Apex__ Utah P & L pf (32.91 2-3¢) Utilities Pwr & Lt 44 Util Pwr & Lt pf_.400s Util Pwr&Lt (B). Util & Ind pf (n)_. Utility Equities .. Venezuela Mex O._. Venezuela Petrol.. Waitt & Bond A Wayne Pump Went'w'h Mf 1.20_ W Va Coal & Coke Western Auto Supply A (3)_. West'n Md pf . _. Williams O11-O- Matic (a26c) ... Wil-low Cafeteria. Wil-low Cafe pf.__ Woodley Pet(40c) Wright Harg t40c Youngstown Steel Door (aZ5c) ... b 89 38y Yukon Gold (a8c). 3 24 2% Otvidend rates in dollars based on last uarterly or semi-annual payment _ t An- (fategnot ix&iludln gxiras, ¥ Accu- PRald tast Xin sriee in receiver: % 58 10434 ¥ 1 85 8% % - 108 10434 1% 134 8% 8% 17 7% {and here’s Simpson waiting for a beautiful lady.” “Not a lady, sir.” *x ¥ x "COME. Simpson, you can't fool an old dog like me. Head book- keeper or vice president. were all alike. Still got blood in our veins, eh?” He jabbed a thumb into the other’s ribs. “Really, Mr. Grant stand,” Simpson stammered. not a—a—-rendezvous’ “Not a—a—rendezvous!” the other in a gust of laughter. “But what are you doing here? Isn't this a little rich for a bookkeeper's fare?” A speculative glint came into the vice | | president’s eyes. Simpson hesitated before answering, | and his glance wavered you misunder- “This is | “I'm just seeing a little—life,” he | finally said. “Hm! Life, en?” Grant thought for a moment, and then his heavy lips curled in an expression of cruel amusement. He leaned closer. “Life means women, Simpson. two over there? I know one of them. ‘We can make up a party.” “Oh, no, no!” Simpson gasped. * % x * 'HE other paid no heed, but seized him by the arm and dragged him | toward two smartly gowned women | seated by a palm. Grant bowed before them, his hand still clutching Simp- son’s elbow. “Good evening, Miss Halson,” said. addressing a voluptiuous blond in her thirties. “May I present Mr. Simpson?” The blond lady's companion Wwas then introduced as Miss Ternile. The two men bowed again. Grant cleared his throat. Halson,” he sald, “Simpson and I are moving along to the Pink Cat for drinks. Could we persuade you and Miss Ternile to join us?” “We'd be delighted, wouldn't we, Madge?” She turned to her friend who murmured through carmined lips: “Very kind, indeed.” Simpson had been desperately try- ing to find his voice. With a final tug he got his arm free from Grant’s fingers and spoke. “Mr. Grant should have mentioned that I can't leave for an hour,” he Simpson did a strange thing. burst out | See those | he | “Miss | quavered “I'm walting for a—a— phone call. It's im- | portant, you see.” * % * x CHILL fell upon the group. | Miss Halson's smile disappeared. “That would be a trifle late, I'm afraid,” she re- marked enldly. She slipped a hand through Miss Ter- nile’s arm and the | two swept away. Grant's little eyes were murderous as he turned on Simp- son. “Of all the wabble-kneed rab- bits, youre the worst,” he growled thickly. “By gad you're going to play the man tonight if I have to drag you. First well try a drink. Come on to the bar!” Again he seized Simpson by the | elbow. but this e the latter wrenched himself away and clung to a chair. Just as Simpson thought his fingers ! would be puiled from their sockets Grant gave up. fing, he stook back and surveyed the shaking bookeeper. “I'd never have believed it,” he said | bitterly. “The thing dresses in pants, it shaves in the morning, it holds a | man’s job, but show it a woman or | 8 drink, and it trembles like a school | girl. Well, I've had enough of it. Good night, sister.” * A % * OWLS bouncing, he turned away and swung off down the prom- enade. Then Simpson did a strange | thing. Springing to his feet, he hur- ried after the lurching figure and | caught up near the entrance “Don't leave me, Mr. Grant!” he “Can't you stay and talk i implored. | a while?” i “Eh? Talk? About what?” “Just—oh, just anything—life, per- haps.” “Life” Bah! You said that before. Get out of my way!” Simpson clung to his arm. drink, maybe?” he <uggesled | might manage one, after all.” Grant wheeled. “A drink, did you | say?” “Y-yes. “Good enough. It'll be an experi ence to watch you down it.” They walked back along the prom- enade, Simpson holding to the large | man’'s arm. His glance traveled des- perately about the room, and his face was white as they neared the door to the bar. Suddenly he halted. “Ah!” he cried. “There they are!” “Who?" asked his companion. “The men I've been waiting for.” * ox ox x was looking at two black- coated individuals who had just come in from the side entrance. ‘When they approached, the taller one | saluted him. “Hello. Mr. Simpson,” he said crisp- ly. “They just finished the audit, and | you were right. We appreciate your giving up your evening this way to make the identification. Is this Chauncey Grant?” | Simpson nodded, | turned to Grant. “Chauncey Grant,” he said, draw- | ng a folded paper from his pocket, ‘I have a warrant for your arrest. | You're charged with fraudulent con version of certin assets of the Mer: chants’ National Bank. Mr. Simp- | son had your books checked by the State examiners, and they tell a bad story. Come along. The car's outside.” Mr. Simpson, the sissy, smiled, (Copyright, 1036.) “A—a— o SIMPSO\' and the other DECLINE IS RECORDED BY INSURANCE SHARES Srectal Dispatch to The Star. NEW YORK, September 28.—In- surance stocks in the New York City market again declined during the last week, according to figures compiled by Hoit, Rose & Troster. The aggregate value of 20 leading fire and casualty insurance issues on September 25 totaled $619,661,000, compared with $630,939,000 at the close of the previous week, a decrease of $11,278,000, or 1.79 per cent. The current average yield of the 20 issues of 3.47 per cent compares with & yield of 3.41 per cent on Sep- tember 18. The current market value equals 1.16 times the current liqui- dating value, against 1.19 & week ago. —_— PHILADELPHIA PRODUCE. PHILADELPHIA, September 28 (P Live poultzy, fowl, Plymouth Rocks golors, heavs. 20823 rlsi-hg *19as1; :.hm norns old roosters, and pullets, fancy, large. 25;2 6: roasti chlckenl fancy. 8 pounds um over. Sprins Plymouth Rocks. nncy izes med: armnny ted lllr mllllty 25200 crossbreds. Plymouth 0: Red Springers. medium size e o quality. 1781 ring _chicke mixed colors, 17a10; White Leghorns. broil- ers. 17a19: ducks. white Pekin. fancy. 11 : d lor 10811, 17 mixed colors. 1981l | illed west: D“"b.g :.o 16a23; chickens. all sections. haze Western. ters. dry-picked 15a18: dllckl. Long Isl llnfl iced, 17, ALLEGHENY CHANGES ENDED NEW YORK, September 28 (#).— Allegheny Corp., after notifying the New York Stock Exchange of a court order terminating its reorganization proceedings, was removed from the ex- change’s list of companies reported as | being in bankruptcy, receivership or reorganization. CRUDE OIL PRICES. TULSA. Okla. September 28 (&).—Base crude oil pricés: Mid-continent Oklahoma-Kansas, gravity scale $1.18: North and North Central Texas. n-vk\‘.y scale. Ric to $1.08; Bast Texas. G (Permian_ Basin), scale. T8¢ fo North Louisiana- | Nansns” eraviy. scale. *58¢ (o untain ‘area_—Sali Creek. Wyo West_Texas ford-Allegany) 2 Southwest_Pennsylvania ’Ilnu € U. . TREASURY POSITION. By the Assoctatea Press. llon nt &he ‘Treasury on Sep- 11,324,148 83; ex- 00003, palance. - S2 (Customs Teceipts for the moxth. Receipts m e Batal year (since July 1). $1.100.574.623.17; ufinu 1 590.258.248.08. including $564. of emergency expenditures: penditures. ~$489.683,624.91 333,803,922 676 35, 8 decrease of ol 157 5,1 - 8K under lhe prevh)lu day. $10,794,033.174.19, S MONTREAL SILVEB TREAL, September 28 (m —-Silver MONTRE! future; ened l!ld! 5 | Righer *'September Sb Bmm%er 44.60p; erch liflh Exchange Stresses Co-operation With Federal Agencies By the Associated Press. NEW YORK, September 28 —Con- tinued harmony between Federal reg- | ulatory bodies and the New York Stock Exchange was cited in the annual re- port of the New York Stock Exchange | for the fiscal year ended May 1, issued today by Charles R. Gav, president. “I am happy to record my belief that the relationships between the ex- change and the Federal regulatory bodies have continued to be co-opera- tive and harmonious * * *" Gay said. He added there were no insolvencies of member firms of the New York Stock Exchange in 1935, Washington Exchange SALES. Washington Gas 5s 1960—$1,000 12475, $1.000 at 124, Lincoln National Bank—10 at 205, § at 205 5 al 205, 10 at 205, AFTER CALL. Washington Rwy. & Elec. 45—84,000 at 106g, $1,000 at 106'-. Bid and Asked Prices. BONDS. [ Red-faced and puf- Am Cold Storage b3 STOCKS. PUBLIC UTILITY Liberty (3) Lincoln (6.28) Natl_Sav. & Trust P Georses BL. & Tr. Riges (8) —- Risss pfd. (51 shington ~ (6)_. Wash. Loan & Tr. FIRE INSURANCE. American (b6) . 101 Corcoran 15) = 100 Firemen's (1.60) 40 ational Union (.60)______ 14'z TITLE INSURANCE Columbia (301 Real Estate (6) MISCELLANEO! Carpel Corp (1.6 Lanston Mono!ype Mergenthaler Lino. (f) Peoples Drug 8. com. (*1.00) *44 * Peoples Drug 8. pfd.’ (8,301 1124 Real est. M.&G. ofd, (**25)° 3 Security, Storage (3) =310 Ter. Ref. & Wh. Corp 55 vawd. & Loth. com 50) 85 Wdwd. & Loth. pfd. » *Ex-dividend. 4Plus extras. $50c_paid lll! 15. 1936; B0c paid Au- sust 15, 1936 e—2 ver cent extra. 300 X PLUMBING SUPPLY BUSINESS' JUNPS Sales and Output Gains Par- allel Advance in Build- ing Activity. Srecial Dispatch to The Star. NEW YORK, September 28.—Sales and production increases in the dual | industry of plumbing and heating equipment were considerably greater than gains made by business in gen- eral and fully in line with the recovery evident in the building trades during | the first eight months of 1936, accord- ing to Dun & Bradstreet, Inc. “Moderate price advances were re- ported in several cities and were ex- pected to materialize shortly in many others. Collections from contractors and retail outlets were only fair, but most accounts were improving. The number of failures remained the same as for the corresponding period of 1935. “Significant for the plumbing and heating industry is the advance made by building in 1936. An index of the value of new residential construction compiled by the Federal Housing Ad- ministration, with the 1933 monthly average 100, records these figures: | June, 1934—82.3; June, 1935—248.6: June, 1936—7429. The last is the | highest since April, 1931. “Reports from 10 cities producing | heating and plumbing supplies indi- \clk that the substantial increases in output schedules which characterized Hhe first seven months of 1936 con- | tinued unabated during August. Pro- duction increases over 1935 averaged about 25 per cent last month. with most cities increases in-volume of out- put holding close to the average. Only one, the country’s principal automotive center, differed sharply from the gen- eral level of gains. reporting greater | advances ranging from 45 to 60 per cent. According to reeent reports from the Bureau of the Census, total net sales of 543 equipment manufacturers | in June were 33 per cent ahead of the same month in 1935. Producers’ sales of mechanical stokers for the first months of 1936 were 91 per cent | ahead of the same period last vear and 219 per cent above the 1934 com- | parative. Plumbing brass shipments for the half year ran 26 per cent higher than in 1835. For the first seven months of the current year pro= duction of vitreous clay bath room ac- cessories, a sample of 11 manufactur= ers showed. ran 258 per cent above the same period last year. | “Many manufacturers viewing the future course of their markets cone sider the present forward trend so strong that the usual Fall and Winter let-down will be barel\- perceptible.” NEW YORK BANK STOCKS NEW YORK. September York S Dealers Assoc (@uotations a5 of 2 0 clock) Bid. Arked. Bank of Man (1'3) Bankers Tr ( = Cen Han Bk & Tr 4) Chase National (1.40) Chem Bk & Tr (1.30) Commereial (%) nt 80y E T (3) 1 Pirst (Bos) (2) Pirsi Natl (1001 Guaranty Tr (17) Irving Tr (.80 Manufacturers Tr Manufacturers Tr ol ) SHORT-TERM SECURITIES. (Reported by Chas. D. Elrnfli A 5\0“’: Tel. & Tel. 5' antic Refining GenBub; Bervice Gr. Raids & Ind. 4 Houston Oil 5 Intl Tel & Tel Lehien Val'ey Coal 65 1 Isiand Gen, 45 19 n | Eontiviie"s Wabash Rwy. Co. 3s 1031 | Warner Bros. fis 1930 | Western N Y & Pa Western Union Tel IMPROVEMENTS PLANN ED. GADSDEN, Ala., September 38 (). —L. E. Geohegan, general manager of the Gulf States Steel Co., said te- day the company planned to spend approximately $2.000.000 on additional plants and facilities in Gadsden. First MortGcaGE Loans District of Columbia, Nearby Maryland and Virginia Homes Apartments S Terms from Business Properties % 3 to 15 years Also Monthly Payment Loans RANDALL H. HAGNER & COMPANY INCOBPORATED -!-Aon LOAN CORRESPONDENT 1321 Connecticut Avenue N.W. Telephone: DEcatur 3600 ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal If loan Is not made. Interest charged only on unpaid balance of principal. EQUITABLE Co-0PERATIVE B UILDING ASSOCIATION 915 F STREET N.W. Organized 1879