Evening Star Newspaper, September 30, 1936, Page 21

. CURB LIST TAKES UNEVEN COURSE Gains Outnumber Losses. Utility Issues Score Frac- tional Advance. By the Associated Press. NEW YORK, September 30.—Stocks fluctuated unevenly in the Curb mar- ket today, with gains outnumbering losses. Utility shares stood at fractionally higher levels and a number of indus- trials looked better late in the session. Specialties gave ground, with minor losses prevailing. American Gas & Electric added nearly a point, while Electric Bond & Share, Superpower, United Gas and Northern States Power “A" edged higher. Jones & Laughlin Steel gained nearly 3 points. American Manufac- turing and Columbia Pictures were up more than a point each. Montgomery Ward “A" mont Mining had losses of points or so and minor reverses were and New- several dealt Lake Shore Mines, Pan-Amer-| ican Airways and Pantepec. CURB BONDS DOMESTIC BONDS. Hi Amer G&E 5s ° Amer P & L Arkans P Asso El g atas /s (lnldun Fe 65 Can No P 5s A Carolina PAL Cedar RM&F, s Cent Il Ps 4! Gent 1ll P8 55 °& ‘on Cities Service Cit Srv Gas 0834 N3y Gatineau Gatineau Pw 65 '3 Gatineau P 6s B 41 Pb Ut tias A ' VG &EBSA 5,0, F S Tore ek 4’“ ¢, 61 Kans Pow_5s s Ken Util 1st Long 1sipd Lt, P & Weland VAR Miss Ew & Lt UGES5hs A Wisc P & L 4s A FOREIGN BONDS. auca Vallev 7s '4% M B 6s "1 o1 o1 a1 1017 10172 1017% Tw-—Without, war: Vam W P C 5las A ww—With warants. ants. n—New. wi—When 'stn) —Stamped §Negotiability impaired by maturity. fCompanies reported in receivership. issued. s CHICAGO LIVE STOCK. CHICAGO. September 130 (# (United Btates Department of Acriculture).—Hogs. 14.000. including 3.000 direct: mostly dy: weights under 170 pounds essier n Tuesday's average higher in mstances: top, 10.40: bulk de. sirable - 200. pounds. 10.15a10.35: Tost well-Anished n.. 200 pounds, 9.65a 10.25: best sows. 9.3 _Cattle, 13.000: . calves. 1.500: larzely ted steer run: medium weights and weichty offerings in liberal supply: long yearlings and light steers plentiful, ‘but light vear- lings scaling under 900 pounds scarce: itght, yearlings steads: all others unevenly steady to 25 low h bulk unsold and nronpecu weak to 25, mostly 10 1o sows around 10 15 lower market: all sbe’ stock firm: bes feq heifers 1085 1,231 -poun tt T6:50. 1449 ‘Dounds, '9.75: com- “and m!dlum grade steers scarce, nu-dy bulls y and veslers 50 lower 578 down and 1100 down. respec- Bely. 14.000. including 8.500 direct: moderately ~active. ewes. FOREIGN MARKETS. ONDON. _September 30 (P .—Gilt- ud securities on the Stock Exchange nished the outstanding upward move- , The 312 per cent per cent_consols pound. Business trans-, Atlllltle Plll nsumpu n of dealings in % u&mmon ‘shown o tr .&a inine shares. —Close: e FREIGHT LOADINGS. NEW YORK. September 30, (. Rev: mue" frefgnt carioadings’ on railrosds re- reing today for weel ed September B3 ncluded: Bewe“ rnvlo\u 14 it Pennsylvant: Tk oo .?"ce "Lr' siaal 70008 Bingion 15570 ana Norfolk & West 20, 20,446 10,454 Penver & Rio Grande Westera Rafiroad—Deficit, 8 months end=d August 31, was $3,896,910, against TTN FINANCIAL THE_EVENING STAR, WASHINGTON. NEW YORK CURB MARKET ks and By Private Wire Dwrect o The Btar. | BOUCA,, Y3000, High. Low. Close i Fedders Mfg (a2). 2 34 34 3¢ Dividend Rate. Add 00. High. Low. Close. | Ferro-Enam (al). 6 85 3034 38% Aero Supply (B).. % 3% 3% | Pidelio Brewery 1° SWiad6 19 Agfa Ansco 2 144 14 14 Fisk Rubber 5 % M % Alnsworth (2) 1 68)5 68} b8l | Fisk Rubber pf.. 1608 62 6134 62 Airinvestors fna 2 ¥ 2% sl Flapalof .70 635 6834 6215 Ala Gr'tSoually 25s 67% 67% 67| Ford Motor Ala Pwrof (6) 808 T6% 16 16 @isi-0e... 4 8 % % September Orders Up 25 to ‘Alabam Pw pf (7) 1208 lsi: ;:” ::g Foeliotn . o e — en tnd S a75c). entage gain ::Lm:nc::t“:v:- 150s 131 130 130 !:nrdde F(‘}":c;i 2% 2 M 30 Per Cent Over AUQUSt' b 9% 9 Aluminum Co of ‘roedtert Gr Am pf (347). 508 1193 119% 119% | convpf (1.20)_.100s 18} 18 184 May Prove Peak. Alum'n Ltd 3 6§ 63 B4 |G “ 2% 2 32 Am Beverage . 1 244 2)4 2| Gen Electric Ltd By the Assoclated Press. Am Capital (B)_, 1w 1 1 reg (a56%c) .. 1 2214 29y 22| NEW YORK, September 30.—Steel Am CitlesP& L Gen Firepr'f t40c. 3 184" 18} 18l5| companies booked from 25 to 50 per A (?)” &"“o' o el ey gcn Invest Corp.. 88 1% 1% 1%/ cent more tonnage in September than Am Clties Pwr SenInvCorppf . 1 76 176 76 LuAdww (250) 1 46 4ok 453 | Gen Outdoor pf 16 26s 93% 98% 99% fl““%fi;'fi:hw&':’;,p;:firmfifi: Am Gen Tele ab0c 10 20% 2035 203 pos 2 Bazic) . .. 3 6% 6% 6%|GenTelevpt(3). 2 60y 60l ojg| Age says today in its weekly review. Am Cy;lmFB 60c.- 1: !:';: !:::’ ':t‘, Gen Tire & Rub .. 2 1#% 18% 18%| Production schedules have been Am & For Pw ww. Glen AldenC (1) 6 1T% 16% 174 ly all the Am G&E (1.40) __ 40% 44Ul | GoldfielaConsol . 2 4 W 4 :',fe’}‘f‘i ;’0'; aen:;;,flry b:;fizn;'a'm“, Am G&E pf (6) .. 26. 109% 1093 1093 | Gorham vtc ex(1). 1 18% 18% 183 < t, the highest since Am Gen Corp 18 94 9 43§ | Grand Nat Films. 3 4 n 4 |ed at 75 per cent, gl Am Gen C'p pf(2) b0s 83% 33% 83%|Gray Tel PS (1).. 14 223§ 21% 22 the Spring of 1930. Am L&Tr (1.20) 3 20 22 22%| Great Atl & Pac “Sharp gains in output have oc- Am Mfg Co ___..200s 36% 36 36)%| Tean-v(16) ... 108 114§ 114} 1145 | cured in the Cleveland-Lorain district, Am Maracaibo 1 ' % %| Great Northern 2 which is at 80 per cent, against Y Am Meter (a75c). B 824 3135 31} Paper (1) 8284 82% k": thi Trade Journal Am Superpower-. €0 2} 2% 23| Greenfield T & D per cent last week”; the e Jou Am Su;;erpow-r ol T Gulf Ot (1) ngxs,h ;;1 th: Xclunntg:nwd;;m::‘: 1st pf (6) » ) Lamp (a2 2 6 15 81 | Whicl as risen from AmSuperpwrpt 1z ey e s | FANERTRAS00) AT B 8 %) cent at Pittsburgh, which-is up to 74 Anchor Post(d).. 8 24 24 2| yelena Rubenstn 2 1% 14 14| per cent from 72, and in the Ohiy Angostira (300) = 200 0N e o] Hollingér Cansal River district, which has jumped from | | [ Gain 0 fo 5% Koo e v & 36% 36%| Gold M Ltd t66c. & 133 13% 13% | g5 to 92 per cent. Elsewhere the trend ::"l:l!z:ul.G‘i:dlo = f :1‘2 :f: Horn&Hard 11.60 800s 37 36 87 |y’ ceady except at Detroit and St Decline 0 to 5% - 4 4 Hudson BM&S (1) 17 273 21 27 : ArkNatGascupt & Sm w4 s Dudson BM&S (1) 17 21§ 21 %is|Louis where siight declnes have || [T Decline 6% to 10% Ark NatGas (A). 16 4% 4% 4% pogro plec Secur , 2% 74 b4 | occurred. i Art Met Wks60c. 3 16% 14% 14%| yygrade Food 3 3% 4| “Large bookings of sheets, with the Decline 11%, and over n el n Hyerade Sur () 2008 4 8 46 automobile, industry sgain a leading s ESat i INP&L6%pf._. 60s 66 66 56 | puyer, have placed sheet mills in vir- Ao A E S 38 11l Pw&Lt $6 Df__ 9508 B6%§ 6545 65 4 h Assoo Invest 113 2608 o s b6§ 653 8034 | tually a wld-upo condition for :lhe Atl Coast Fisher . 1 fourth quarter. On some grades de- Atlantic C L (b1)_ 108 oumin () N Iiveries now quoted extend into Decem- Poultry Market :t}::‘éz;‘;‘;:f“ s 1500) 1 214 213 213 ber, and automobile companies have AtlasCpf A (3) T Indiana PL(t40c). 1 9} %4 9% | made reservations for January rolling, Demol'alized b o Indus Fin vte . 2 2% 2 2% | with price in effect at that time (> y Atlas Plywd a50c.. - & S ndus Fin79% pf 660s 213§ 19 19% . [[Ruscaistien it Ins Coof N Am(2)2008 74 = 7:33" 7834 | 500 H v R : | Auto Eroducts . Intl Hydro Elec “In addition to an active domestic eavy ecelpts (A oINCE e CV I L Systemecv pf __ 4 123§ 124 1214 | business, mills are enjoying a sput| = | Babcock& Wil (1) 3508 | 1nth Mintng war.~ £ 3% 3% 3% |in export demand, which has been | BY (b Associated Press. ) Baldw L bd rts(d) 200 Intl Petro (t1%). 3 85 84%3 85 | prought about largely because of ghe\ CHICAGO, September 30.—Officials Tallamea Nlmtt - & intl Products.. 3 6% 5% 5% |inanility of British and German mills | of the Chicago Poultry Board said to- B P 8 9 9 9 |, make deliveries short of three |day the poultry market was “demoral- | FurnitureCo. 6 2 4 14| intl Utll (B) 714 14 14 " | ized” temporarily because of the hea | Berkey & Gay ' Intl Vitamin t40c. 16 6% & s | months or more. e ‘PO y i vy Furnpurwar. 2 % % | IrvineAlrCh(1). 3 18)3 18 18%| Steel scrap prices declined 50 cents| "CSoiris from the country. | Bickfords Inc (1)- 1 1¢ 14 14 | [talSuperpwr(A). 1 1% 1% 1%|a ton at Cleveland and Youngstown Prices dropped 1 to 2 cents a pound Black & Decker _. 1 6% 26 26%| yo 0o conipaL 23 o ituation in evidence | a5 sellers tried to clear their supplies Blue mdzecug: : ‘:%. ‘: ‘:v Jersey Cent P& L ::’ composite price was unchapged | S0Cks already were heavy. DIuSHIES ovD o i Df(6) ___ 108 88} 88l 8835 | AF PosTA B 98| Poultry men attributed the heavy | Blumenthal S__.— 18 241§ 28 20| sersey Central at $16.75. | Bower Roller b D 208 sol5 9935 99 i 8 marketings to !ha approaching Winter | “Bearing (al%). 6 2% 214 2T | yonel et auoh ST 9 69 65 68 and current high costs of feed. The | Braz T L&Palve.. 8 15 14% 15 = o BOND GROUPS REJECT recent Jewish holidays, they said, also | Bridgep't Mach 8 0% 19 9% '\;‘::;:?'f‘f?'j'ff Ao forced in a large supply of stock. | Brill Corp (A) 2 64 6% 6% Gl 4§ 184 | Vi v | Brill Corp bf.. . 60s ¢8 48 «8 |KingsburyBrid). & 2 2% 24 PLAN OF ASBURY PARK'! mg;:; hett ‘;E"c::;":‘ ;;\::dw:' BT AR EF coo KingstnPraioe. 1§ 85 a8 o Sipeian ! e B (a75 7-10c) s2 32 | Kirby Pet (20¢)__ 4% 4% _ 43| Erecial Dispatch to The terday. Plymouth Rock Springs wege Brown Co pf % 173 1735 ‘“’nl"H‘ISGaI& NEW YORK, September 30.—Re-!quoted at 16'; against 18'; yester- Brown Forman __ 12 % 9% 9% Coke pf (6)._. 50s 1033 103§ 10334 | jection by two bondholders’ commit-' day and 18 late last week. White Rock Buckeye P L (3) 15608 4¢ 44 44 | Lake Shore M (4) 654 | tees of the refunding plan for city of Springs were quoted at 15';, against Bunker H&S +2__. 2bs 80} B804 8035 | Lakev Fy & Mach 6 | Asbury Park, N. J., bonds, proposed 17! yesterday and 18 late last week. Burco Inc war. 2 Lehigh C&N(30c) Y by the Mayor and City Council, ‘u !B"(‘a"l’:,f‘l'gc’ G 3‘1‘350:): 1454 | announced today in a joint statement!| w hl E | Butler Bros Lit Brothers . .- 57 | by J. 5. Rippel and Edwin H. Barker, Y¥ Q8 ngton xchange | Calamba Sugar Lockheed Atrcraft o |chairmen of the two groups. SALES Estate (1.60) Lone Star Gas 40¢c 1344 “The two groups independently o( o Can Car & Fdry pt tomr :!‘:.'tm :‘:\x:l ys’/s each other have examined in detail Columbia Title Insurance Co.—13 at 8. Can Marconi . ong Is Lt p! 2 | the refunding plan and have reJecv.ed\ . Carib Syndicate_. e e suv o re it i Vet e Just OEIER ey arman& Co B __ D! 5 801 4 | A 1 | Caraation Co (137 Loudon Pknt50c. 2 6k 6k | legal cll:]ms of the bondht:]lders to t.he M:’Ll:f;'h‘l" Linotype—S5 at 4813, 10 ey 1.a Land (40¢) PrRr T | reasonable maximum ability of e [ e oty Casco Products. Lynch Corp (2) 1 395 394 3s;q|cny to pay such claims; it does not - pe. o ‘ 2 Catalin Corp ; McCord Rad (B).. 10 12% 1234 124| Provide adequate security against a| Lanston Monotype—10 at 85, 10 at 85. Celanese 15t pf(T) 25» 1053 106} 10634 | Mange! Stores 3 T 75 7 Tepetition of the known preventable | Capital Traction 55—$500 at 90%. Cellulold Corp .. 2 11 11 11| Mangel Storespf- 10s 85 85 85 |causes of the present default; nor|Fotomac Electric 5':% pfd—5 at | Celluloid Corp pf- 2bs 40 40 40 erlor: Sl(!jlm s'h, 2z 4% 1 does 1t provide suitable remedies in 11, Celluloid Cor] Masonite Corp 12 9 - - et ol (§0)-..._ 20s 92 92 3t |Momphis N Cat0e "4 65 "¢ “ex|the event that the new pledges are Bid and Asked Prices. Cent HG&E | Merch&Mfr Aalsc 2 7% 1% 7% themselves broken,” the statement BONDS. vie (80c) _____. 8 16% 16% 16% | Merritt Chap&S_ 3 By &% 8 said. " Central Pwr & Lt | Meritt Chap& S | PUBLIC UTILITY 7% pf (3%) .. B0s B4% B84% 84% | Df(A) ________ 1 5034 B0% G0l Am" Tel. & Tel 4 Cent&SW Util. 65 3 25 2% |Mesabilron __ __ 1 % 3§ 3 D‘x‘vlf;:;d-a‘:u e o Oloee, | AR TS £, G0t -n"m‘ trentifitaten Bieo 5 1113 134 2 | Mich BumperC'o. 66 3 3% 84| g, Creek P(8Uc) 16 :h T :::w.ilz"x:mkc\r:rl s< Cent States Elec Mich Steel P (1) _. 2 16% 164 164 Scoville Mfg al. 502‘0! “h & Tel. of conv pf (new) 76s 20% 203 20% | MichiganSugar_ 6 1 1 1 |gcon o Eer HA Cent States Elec Middle States Segal Lock & H. u 3 6% pf _ ~100s 21 20} 21 Petrol vte (A).. 2 & 4 it ina 2 2% = Central States Midvale C:\(‘:Z;’jzggl 12 724 Selected Indu zaf s ”‘Ml:i - Electric 7% pf. %bs 49% 49% | Minn Min&Mf( s 8by 8434 35Y% i S = Centrifugal P 40c. 1 8% 54| MockTudsonV__. z 16 165 143 g oo sati) 100 00 0 ’:“ww.m Sa00% B R Chi Flex Shaft 12 2608 5% Lo b Shattuck Den Min 4 8% B8l 8k MISCELLANEOUS Chicago Rivet & 1stpf (4) ... 1508 101 10034 100% | gpawinigan Wat | Chevy Chase Club 55 M (11%) 315 31% | Mont Ward A (7). 50s 14434 14434 1443 |~ g BocRllc0ls | 95 g9 g | Col Country Club 5izs T2 Childs Co pt 2258 663 57% |"Molybdenum Corp 7% | shenandoah Corp. & 2% 2% 25| d’ Storage 5s _ Citles Service, 3 5 « | Seasncpin il 3 41% | Sherwin-W1ll (4) 300s 133% 1313 133% STOCKS. Cities Service 4 54} b4y | Mount Prod (60c) 4 84 8% 8| gpiin_Corona Type o e Cities Sve pf(BB) 208 50 50 | Mueller Brass80c 23 39% 37% 89 f '\, oxe(atse) & 21 214 274 PUBLIC UTILITY City Aut Stpg 60c. 2 15% 18% | Nachman Spring- Sonotone Clalle). 11 215 2 235 Amer. Tel. & Tel. (9) 2 City & Suburban field (a75¢)__ 1 284 234 20% | So Penn Oil(11%) 6 40 40 40 | N % W. Sieambont (5) 18 Homes (30c) . 3 4}4 4% 43| Nat Auto Fib(t1). 2 37} 374 37}4| South’'n Calif Ed Pot. El Pow. 6% pfd. (5 - Clev Elec [1lu (2). 1 50 B50% 604 | Nat Bella Hess 15 2 2 2 DEB (1%) . 1 28%5 2835 285 | puer- Gos Lo ol id0 1 Clev Tractor 33 10 9 95| NatContainer (2) 1 21 21% 21} | Southn Calif E4 Wash: Bw. & E1 com. (38 Cohn & Rosenbgr. 1 7 7 7 at FuelGas(1). 1 20 20 20 Pf(C) (1%)_—o. 1 27% 27 273 | Wash. Ry. & El nm [L3 e Colon Develop Co ; Gypsum (A)- 3 49% 49 49 | Spencer Chain BANK /mD TRUST COMPANY. Ltd (The) .. 2 2% 2% 24 2 % % %| Stores(60c)__. 1 9% 9y 93| Amer. Sec. Co_(e8) ColisPFA (1%)- 1 46} 465 46} = 1 1% 1% 1%Stand Invcum f 300s 43 4235 43 | ook of Bel fesda G073 Columbia Gas & Nat P& Lt pf (6) 300s 92 91% 91% | Stand Ofl Ky 1.40. 8 1% 18% 18% | Capital 1) oo oo Elevev pf (5) 1500 104 10234 102)5 | Nat Rubber Mach 8 5 4% 5 |StandOflOaz0.. 6 0% 303 80y | Liverty (3) ColumbOil & Gas 84 4% 38l5 4 |NatSteelCarLtd $60s 19% 17% 19% | Stand OilNeb.___ & 12 12 12 |%ocol (8260 - Columbia Pic (f1) 108 413 4135 4l3| NatSugar NJ (2) 3 26% 26% 26! | Stand Pwr & L 6 5 4 4 |Erodretnr e (500C Com'with Eo (4) 1106 106 106 | Nat Transit (76c) 2 11% 113% 11%|Stand P& L (B).. -1 4 . « | Rizes 4 e Com'with&Swar 3 ' % Ji| NatUnion Radio. 1 1}§ 1% 1} Stano Prod (a25c) 3 213 21} 21| Wess pid o Cemmunity P L NewBrad Oaloc. 1 34 34 33| StandSU&LAadc. 13 %’ + 7| Washe Loan & Te (8) 1st pf 1758 46% 44 45% | New Haven Clock 49 11% 9% i1 Sterchi Bros...... 28 9% 8”1 9;( FIRE INEURANC! Comty PbSve (1). 60s 2833 28% 2834 | NJ Zinc (t2) _ 300s 76 751 75} | Sterchi Bros 2 Amerioen i5) gommué\;t watS. 6 1% 1% 1% i‘s‘e;zn'éM? "lxal"'xoo. 87 851 87 1st pf (3) __. 100s 40 40 40 |Corcoran (8) - SIpo Shoe ond (11). 200s Sterchi Bros 2d pf 100s 13! . Machste(50c). 7 15% 151 153 | N Y Shinbldg .. 1 | Sterlins B,f'f,,,;,f, 3 1?.: "7’;: ‘:;: Rationai ‘wnion (.60) 14% Consol Afrcraft__. 6 19% 19} 193 | N Y Transit t30c . 1 Sterling Incase). 2 8% 8% 8% TITLE INSURANCE. Consol Copper!—.. 2 4% 4% 4% | NY WaterSvepf 30s 59 68! B8l | Stutz Motor 1 24 2y aig| SomRI G30;- Consol Gas of Niag Hud Pwr __ 82 14)§ 14} 14} Sullivan Machine. 9 22} 22i; 22% MISCELLANEOUS Balto (3.60) _. 2 8vl5 89 8 | Niagara Hudson Sunray Oil (a5c)—. 6 8% 84 8% | Carpel Corp (1.60) aq1 Consol M &S (2)_100s 68% 68% 68%| Pwr(B)war .. 2 2 2% 23| SunrayOil Tanston Monoiype ()= ;;,.; Cons Retail St 2 84 8 8% | Niagara Shares cum pf (2%). 1 48 “® “* Mergenthaler Linotype (3) Rig Cons Royal (20¢). 1 2% 2% 23| (Md) B(aloc). 3 13 13 13 | Sunshine Min (2). 3o D o ;1?,,,, Contl Gas & Elec Niles-Bem-P (a1). - 4 48% 481 48% | Swan Finch ___ 815 815 81| Real Est M&G Did | prior pf (7) _ 280s 1003 100) 10034 | Nipissing (a50c)_ 7 2)4 215 25| Swiss-Am Elec pf 50,,. 82 814 8134 | Securlty Storase’ (3) Cont Roll & Steel Noma Elec (a40c) 89 10 9% 9% | Swiss Oil (40c) 6% 6% feyi sue, Foundry _. 18 16 16} 163 | North AmL&P ot 260s 59% 68 69% | mapcare Cor : - i ot hctt Cooper Bessemer. 6 2234 21 21 |NorAmUtlSec.. 1 4 & & |Taieoreclyine 9% Ex-dividend. Cooper Besspf A. 3 62§ 61 51 North’n Ind Pub 5% % ptof 2% m. 5215 61 1Plus eXtra: Cord Corp Z 22 an 4y a4| Svee%of(3) 200 88 83 83 [ BIPlRS A b u.'zofs"'“ May 15, 1036; S0c paid Au- Corroon & Reyn T 6% 64 e|North PlpeL(30c) 2 9% 9 wi|oyior Dist (bbe). 8 2134 el per cent extra. Cosden Ofl Me (d) 8 24 21 23| NorStates PwrA. 2 343 344 30| Tocn tannes 1100 & oa st exti Crane & Co . 36 397 89 59| NovadelAg(2)__. 6 35 84% 3434 | TovasOuirbrea 21 brf ent 3" Mr“c‘;’n;'“f;:‘ 30. 1936, Creole Pet (a25¢). 114 26}4 265 25% | Onto Brass(B)(1) 125s 85} 864 85)4| TexonOfl& L 60c. 2 6y 6% 63 e W0 e L e ok arGasCo.. I4 100 0% 10| ThermoidCopt 2004 80 78 78 - % | Okla Nat Gas pf_..200s 30} 30 30% | Thew Shovel Coal 100s 3! a CrownCent Pet = '8 1% 1% 1% Oldetvme Disti 5 6% 63 es| 2iio Root (boer . 4 1me s | FEDERAL LAND BANKS Crown Druga20c. 3 44 434 44| pacific Eastern._. 29 6% 6% 6% | Todd Shipyard (2) 50s 46 46 46 NEW YORK. September 30 ().—Federal Crystal Ofl Ret. 9 1% 1% 1% pacificG & E Trans-Lux Daylits Land Bank bonds: gub'!:d’l‘ol;";w x; 9% 9? 35 1stpf (1%).... 2 824 32 82 PicSn (20¢) .... 1 8% 3% 8% (Quotations as of 2 oclo:k) usi Mex Mintng . % % % pacPublieSve__ 1 7 7 17 |Tri-ContiCwar_. 1 4148 Nov. Darby Petr (50¢). 2 113§ 113§ 113§| Pan-Am Air (1).. 8 67 66} 66)s| Tubize Chatillion. 8 Y Dayton Rubber . 1 173 1734 173 | Pantepec Ol ____ 54 b4 5% 6| Tung-Sol Lampn 14 Dennison 7% pf _ 20s 61 60 6L | PacTinspec (12) §0s 40 40 40 | Twin Coach (40c). 17 Det Pap Prod 1256 “7 9% 9% 9% | Pennroad (b20c) 16 6} & 6 | Unlon Gasof DetStiProdasie. 1 8% 88 864 | Pepperell Mfx (6)2tos 92 91 o2 Cana (a223%¢). 2 Dictograph(albe) 4 28)y 2384 23)5| Phila Co (60c) __. 163 15% 163 | Unit Corp war 53 2 Distilled Liquors. 2 113 11} 11% | Phillips Packing.. : 113 113 11% | Unit Gas Corp_ 20 st Cree e e 3 L A S T . “asting (a50c) - 8 o Bakeries 160c. & 16% 168 16% 5 DominS&C (B). 1 &% 6% 54| Pioneer Gold et e i e SHORT-TERM SECURITIES. Dow filmgouaao)_ 3 ll;:fi u:% 17 Mine Ltd (80c) 82 7% 1% 9| Unit Lt& Pwof . 16 583 513 ey | (Reported by Chus D. Bamey & Co, ubelier Condens. % 3% 3% | Pitney Bowes40c. 7 8% 8] T 1 d. T et S MR B e e A e s o D A e 0 habsy b Eagle Pitch L 40c. 38 13 13 13y | Pitts & LE 123 . 60r 91} 914 91| U S Foil(B)(60c). 1i East'n G&F Asso 5 % g | Pittsb’gh PG(12) 8 13834 188 133 | U S Intl 1st pf East'n Gas & Fuel Pleas Val Wine .. 1 2. 2 2 WW(32) —oeee. B Assoc pf (6) 100s 693§ 59 693g| Ploughinc(1.20). 1 18 18 18 | [gSLinespf H East'n Gas & Fuel PotreroSugar .. 8 b4 & 5 | U'SPlay Cards #1 60s prior pf (43) %00s 7235 723 12 | Powdrl & Alx 60c. 11 9} 9} 94| US Radiatorof .. 2 Eastn States Pwr. 1 2§ 235 2 l;owert({'n ‘Cl") 700s 16% 164 163 | U S Rub Reclaim. Eastn Sta Pw (A). 1 40% & ower Corp of Eaxy Woshing %40k 0% | T ada Tst DE() 108 100 100 100 | Gt Stores Sie L 8 Mach (B) 1600 3 14% 1435 14% P"“ &"mbefl % Unit Wall Paper... 101 Eisler ElecCerp . 1 3% 34 84 Y e e b s *2 b per = S 29 Elec Bond&Bhare 165 28 20% 32% Promier Gold 1136 80 ¢ 4 3 Utah P& L pt - i1t 741 Pressed Met 1% .. 2 8% 84 824 e 5: - 103 1 ElecB&S pf (5). ¢ T4 T T4% “ (32.91 2-3¢) . 4508 . R 45 1940_ 104% i Elec BA&Sh of(6) 4 83} 83 8ai| Eroducers Royal. 3 % % %/ gyey Bquities . 2 Morris & Co. v,imss 04y 104 PleotioBowet Prosperity Co (B) 2 14}s 1434 1434 | ity Ea pf(3%) 26e . Ch1. Be1907 10380 1023 Assoc Inctal0e). 1 11 11 11 |Erudentinvpf(6)100s 98 98 Pwr & Lt Stisa. & West, 55 1937 i Electric Po PubSvs indpf 108 i 5 R oF Mo s 038 Assoc (A)alle. 1 9% 9% 9% l;ub s'vgclld‘pr ot 1008 1 1 1. Bs 1937 Elec Pwr & Lt 'uget Soun . til & £ (n)_. 7 m. optiensiwnes.. ‘1 Wi g i, FALSCE) _Igse 804 a2 - 0034 gvun:l;:l:m‘ : ; :A :“ B °"‘“’ c: N 55 1037 Elec Pwr & Lt Puget Sound Pwr 8. §ou. R é 1 b'ni & Lt 86 ot 5008 403 42 | Wavne Pump 38 32y 32 | Venadium Corp 2d pf (A) 4250 6L 603 61 Went'wh Mf1. % 198 1 sh Rw Eileo Sheretiolt B R S st el ™ & | & VaCoal & Coke 3 3k nn WerrhoE s i 12 Elec Sharehold Quebec Power (1) 2! 2 olts ATt BE(R) e B o wes: Tara % sth 0ia% Electnovel Coa o " % 16 | Wegtern Auto lec ovel ey 1 o 39 | TGP 30 474 476 4| NEW YORK PRODUCE. Electrographic t1. 1 174 3 10% lou Williams Of1-O-= ber 30 Elgin Nat W 760 765 398 1 P Matlo (a250). . 3 4% 104 14 colors, Emp G&F 6% pf.. 50s 603§ Wil-lowCafevf__ 1 T4 T4 74 Cre Emp G&F 1% of .. 80s 6234 2 % Wolverine Port G. 1 81§ 81 34 + extra i Emsco Derrick(1) 1 1 & 4 | Woodley Pet(40c) 3 8% 8% 8% °"" sta’ (8891 scores). seiiii ookl e a H o eS| Welkht Harn tiby 15506 P8 T Tiats, M‘ uug"’}ev.""' e Evans Wall Lead % H % % Youg::m‘::n! S e poultry No 'freight quota- R I A 3 % 75 m |TukonGoldaic) 1 o 2 Fairchild Av new. 6 5% 6 |Rustiessir&Stl 50 % 6% n.‘?&“)’f”fi:%fnfl"&:fi "' | LONDON MONEY RATES. staff Brewery. 8% 83 o [Ryan Consolld'd.. 8 8 34 " a»—m‘mflwfl- . Beptember 80 i The Bank _Fanny Farmer St Rexis Paper _. 53 53 gn‘ «< nd’ today bousht £426.646 in bay Candy (506)-—. 1 19% 19% 19%| 8t Regis Paper pt. $0s ”* .&'M"" and dissount retes nRchansed. deficit of $3,507,369. D. C, WEDNESDAY, SEPTEMBER 30, 1936. SHARP RISE SEEN Sales of Life Insurance in the First Six Months of 1936 Compared with Same Period in 1935 or loss in ordinary life insurance sales months of 1936 compared with the first six months of 1935 [N j‘ \‘ L"; Average for the United State: % DEMAND BOOSTS DRILLING FOR OIL | Producing Companies Plaff Busier Autumn Season Than Usual. by the Associated b TULSA, Okla,, September 30.—Un- expected strength in crude oil de- mand was reflected today in plans of producing companies for a greater | Fall drilling campaign than usual. | The ordinary Fall slump has failed to occur. Although production held steady in the neighborhood of 3,000,- 000 barrels a day, refinery outlets re- ported a brisk movement of their product and they continued to call | on the producing end for more crude | to feed the stills. The balance between supply demand seemed maintained. A cheerful spot was the report that a 10-cent-per-barrel cut in the price | of one type of Michigan crude, or- dered 10 days ago, had been restored 50 per cent. Authorities who took a | bullish view of the situation were | quick to point out that the reason was because that oil had a high | sulphur content which made it hard to refine. Continued Rains Help. Continued rains insured an adequate water supply for resumption of drill- ing in the Mid-Continent area, where the drought had caused a shutdown. “You can look for an intensive cam- | paign of exploration on all fronts,” ‘ one authority said today. “When you | review the activity of the past half | year it is apparent that no really great | new pools have been opened up lately.” | Chilly weather caused a jump in ! | the demand for fuel and burning oils. | Pnces of refined products and crude were at the same levels. 1 The trend toward cutting down | State allowables for the Winter period | was maintained in the action of the Oklahoma corporation commission in | reducing State October quota to 559,- i 000 barrels daily, a decrease of 3,100 | barrels. ‘ Average Output Down. NEW YORK, September 30 (#).— Daily average gross crude oil produc- | tion in the United States decreased 6,950 barrels in the week ended Sep- | tember 26, totaling 3,030,050 barrels, | the American Petroleum Institute’s | weekly summary indicates. Daily | average production east of California | increased 6,450 barrels to 2,460,750 barrels. Reports received from refining com- panies owning 89.8 per cent of the estimated daily potential refining ca- | pacity, and which was operated at 78.4 per cent of potential, indicate that the | industry as a whole ran to stills 2,- ‘ 990,000 barrels of crude oil daily. The | daily average for the previous week, | based upon refineries representing | 89.8 per cent of the total capacity, and which operated at 79.0 per cent of their capacity, was 3,010,000 bar- | rels. Finished and unfinished gasoline stocks at refineries, terminals, in tran- | sit and in pipe lines totaled 56,472,000 i barrels as of the end of the week, com- pared with 57,286,000 barrels as of the end of the previous week. NEW YORK BANK STOCKS NEW YORK. September 30 (P —New | York Becurity Dealers Association: (Quotations as of 2 O'Clock.) Bid, and Asked. Frd 1355, 4R k of Man (114) ers Tr (2) Title G & a—Including extr: CHICAGO PRODUCE. CHICAGO, September 30 (®.—Poultry, lve 3 cars, 40 trucks; markei demor : ‘4% pounds up. 19: less Leghorn hens. Plymouth xlufil: ;e unds, Plymoul 3 13; Plymouth and ite 1 i ia; 1 ghorn _roosters. Tarkeys 8a10: old ducks. 4 1413: young whllteddm:k ung_colore lg: > rznll lz,“fl ducks. lihv old geese, 10pagen A dus: teadier: prices un- changed.’ Eess. 4,502; steady; prices un- changed. Poiatoes, 08 on track, 272; total .S shipments, 547: Wesl fock firm. other stock steady: supplies llher. demand good for for ordinary. 3 per,, hun -a-m. Tdaho Russer Bur- anks, U. fl Q %fimifi""éu Brbanks. b ': 5 . combination erade; a Tfikmmm-mn !uue " 7 colq‘x,,%a 2%5adal; Brown o, 17220 ig,ueob_ nsin 3 blers. U. 8. Minneerin CDakots Biiss 'l'ffllllwhl. ‘U. 8. No. 1, ine quality, larse, PARIS MARKETS CLOSED. PARIS, September 30 (#).— The Bourse and foreign exchange markets here remained closed today awaiting the passage of the franc devaluation the first six | H. A. Baker Named New President of| American Can Co.! By the Associated Press. | NEW YORK, September 30.—H. A. Baker, vice president of American Can Co., was elected president of the company to succeed C. E. Green, who resigned because of ill health, the Board of Directors announced today. Green was elected president last May, succeeding H. W. Phelps, who at that time was made chairman of the directorate. No successor to Baker as vice presi- dent has been selected as yet. Baker rose to his present position in the $43,000,000 can manufacturing concern through the chemical labora- tories and sales department of the company. In 1910. four years after entering the company’s employ, he became chief chemist. In 1918 he was made manager of the company's central sales district, with headquarters in Chicago, in which position he re- mained until elected vice president in charge of sales in 1932, . FOREIGN EXCHANGES. | NEW YORK. September 10 (#, —Foreign exchange heavy; Great Britain an dollars. | others in cents’ Great Britain demand. | 4.9434: cables. 4 947, 33 4 4.75n 7.0 | Sweden 09: Pinland. 219 13: “Spain. unquoted: Por- | Greece. .#1: Poland. 1£.90 4.13: Yugoslavia. 211 £.97n: Hungary. 1980 Ru. - Argentina. 33 Brazil jo. 2R £9: Shanghsi. ° lkonl 308715 Mexico City. Montreal in ‘New Fork in Montreal, 100.00.—Neminal. . Colorado & Southern Railway— Deficit. 7 months ended July 31, was $188.978, agniast net income of $423,011. FINANCIAL. | 190,119, *%3% A—21 CARRIERS IMIPROVE CREDIT POSITION Steady Recovery of Last Year and Half Hailed by Executives. By the Associated Press. NEW YORK, September 30.—Look- ing back over a year and a half of uninterrupted recovery enjoyed by the $25,000,000,000 railroad industry, ex- ecutives speak of it as an auspicious beginning in the carriers’ determined drive to rehabilitate their credit. Epitomizing the outstanding hap- penings of this period which, for many roads, removed a threat of forced re- adjustment of finances, railroad men point to these achievements: Conversion of a large net deficit, after charges, of the class 1 carriers into a substantial net income as esti- mated for the first eight months of 1936: A 33 per cent increase in weekly freight carloadings to a level just une der 800,000, the best showing since 1930. R. F. C. Repaid Huge Sum. Repayment of more than $160,000.« 000 to the Reconstruction Finance Corp., on account of the $506,283,000 advanced by the Government lending agency to aid the carriers in meeting the financial strain occasioned by depression. Ability of a number of roads to take advantage of the record low money rates to refund issues carrying high coupons and thereby effect important | economies. Large gains in passenger revenues, u,pecuxly on the Eastern roads fol- lowing the fare cut to 2 cents a mile last June. Executives identified with the finan- cial side of railway management say they are particularly pleased with the progress so far toward extinguishment of the debt to the R. F. C, because they feel it is an answer to those who a few years ago were asserting the roads could not hope to repay the loans and therefore faced the alternae tive of early Government contr Optimism Grows. In a mood of optimism because of gains already achieved and promise of continued recovery under the im- petus of current business expansion, some officials declare the industry bids fair to surmount debt difficuities as well as it did following the period of post-war readjustment. During this phase of their history and under the transportation act of 1930, the carriers received from Uncle Sam advances amounting to around a billion dollars. All but about 2 per cent of this debt has been paid these many years, according to railroad spokesmen. U. S. TREASURY POSITION. | By the Associated Press. The position of the Tr tember UK Receipts 14 penditures’ S:i4,14 month, $: Receipt the S e s1 S8.K1: expendi 208 ,ncluding 5 'under the $10/874.682.0 . RUBBER FUTURES. NEW YORK. September 30 (P —Crude rubber futures_opened firm, % to 1 higher December, 1 March, 16.66a67; May, 16.77 debr, 3 ecre 55027015 revious gold assets. B An Envelope and Stamp Will Do It— If you find it difficult to visit this bank to make deposits or withdrawals in person, do it by mail. Safe, easy and economical, it saves time and trouble. Phone, write or call for details. McLachlen Banking Corporation Since 1891 TENTH AND G STREETS, N. ¥. S. W. Branch, 12th and Maryland Ave. S. W. Member Federal Deposi Monthly Payment Loans [4 Straight Three Year Loans S INTE Consult Reat Estate Department AMERICAN AND TRUST Main FIPTEENTH STREET AND REAL ESTATE LOANS on Improved Property t Insurance Corporation r % REST SECURITY COMPANY Office PENNSYLVANIA AVENUE Branches 7th and Mass Ave. N. W, Eighth and H Sts. N. E MEMBER FEDERAL DEPOSIT MEMBER FEDERAL Seventh and E Sts. 8. W. 1140 PFifteenth 8t. N. W. INSURANCE CORPORATION RESERVE SYSTEM