Evening Star Newspaper, October 2, 1936, Page 17

FIN ANCIAL. ADVANGE SCORED ONBOND MARKETr Prices Move Fractions to 2 ‘or More Points Higher. U. S. Group Improves. 0 10 10 10 Raila. tndus Utl) For'n Net change_ Unc. Unc. —.1 +-.1 Today. noon 97.0 103.21029 69.1 Prev. day... 97.0103.2103.0 69.0 Month ago. 95.0103.5102.5 69.4 Year ago... 812 99.2 97.1 66.5 1936 high__. 97.1104.1103.0 72.0 1936 10W.... 86.9101.8 99.3 67.6 1935 high... 87.831022 998 704 1935 low. 764 922 845 -- 458 400 64.6 42 1928 h)sh.. 101.1 98.9102.9 1005 10 Low-Yield Bonds. Noon ... 1128 Prev. day. 1128 Month ago 112.3 Year ago- 109.5 1936 high. 112.8 1936 low.. 110.2 1935 high. 110.7 1935 low.. 107.9 1928 high. 104.4 1932 low.. 86.8 (Comptled by the Associated Press.) By the Associated Press. NEW YORK. October 2.—Prices moved fractionally to 2 or more points higher in the bond market today as favorable sentiment raflected settle- ment of the French wrangle. ’ In the domestic corporate section convertible issues swung 'ipward, with Youngstown Sheet & Tube 31:s, Pure | Oil 4,5, AllisiChalmers 4s and Stude- baker 6s setting a brisk pace late in the session. Abitibi 5s. International Paper 5s and International Hydro- electric 6s advanced on good support. St. Paul 5s of 1975 improved more than a point and Allegheny 5s and Southern Railway 4s made substan- tial headway. | United States Governments went forward for gains of 7-32 of a point. Support came into the market for Polish issues, both the governments and municipals addins gains of more than a point. French bonds held to narrow ranges, in contrast to their recent wide swings. devaluation . L) Armco Requests Restraining Order Aganist Bethlehem Bt the Associated Press. BUFFALO. N. Y American Rolling Mill Co. of Middle- town, Ohio, has asked a restraining order in Federal Court here to stop | the Bethlehem Steel Co. from using | equipment in its new $20.000.000 lackawanna continuous sheet steel mill on the ground that it infringes American Rolling Mill patents. The Ohio company asks thai the | Bethlehem company be restrained | from any further use of the patent rights, that the machinery whicn it | claims infringes its patents be de- | stroyed and that the “saving” de- | rived by Bethlehem through use of | the equipment be paid the plamtxfl[ as well as damages to be determined. | The complaint says the inventions | ® it accuses Bethlehem of taking with- out license from the plaintiff rcvolu- tionized the manufacture of sheef | iron and steel and that many com- | panies have taken out licenses from | the rolling mill company. l BITUMINOUS LOADINGS | e ON ERIE FAR ABOVE 1935 By the Associated Press,. ' » CLEVELAND, Ohio, October 2— | Loadings of bituminous coal into ves- THE EVENING BONDS ON N. Y. STOCK By private wire direct to The Star, Approximate Transactisns Today. U 8 Gov't Bonds.._ . 580,000 Foreign Bonds. ... 1.190,000 Domestic Bonds...... 11,930,000 TREASURY. High. Low. Close. 2% 8 1945-4T_ 104.20 104.17 10420 338 1951-54.__. 10126 101.26 101.25 235 '56-59 101.8 1016 1018 278 1955- 60— 102.29 102.27 102.28 58 1946-48 e 1063 1062 106.3 351951256 - —mumua 1052 104,30 106.2 e 1946-43 107.1 10631 107.1 1481941 _oommm 1091 1091 1081 l' 8 1344 ~46___.. 108,16 1089 108.16 1098 1094 109.8 1144 11331 1144 108.17 108 16 108.17 1192 1192 1192 FEDERAL FARM MORTGAGE. 238 1942-47 102.28 102.27 102.28 331947 1048 104.6 1046 103.26 103.23 103.23 104,28 104.28 104.28 HOME OWNERS' LOAN. 101.28 101.28 101.28 101.28 101.27 101.28 10318 103.15 103.17 FOREIGN BONDS. High. Low. Close Abitibi Pa&Pw 53 °63. 675 6% 67 Agr Mtg Bk Col 68 47 Febr coupon on.. Akershus 68 ‘63 Antioquia s '45 B Antioquia 7s 45 C. Antioquia 7s 45 D- Antioqu Antwerp 68 '58 Argentine & Argentite 68’57 A.... Argentine 63 '58 B Argentine 63 59 June. Argentine 68 '59 Oct Argentine 63 '60 May. Argentine 68 ‘60 Sept.. Argentine 6s ‘61 Febr. Argentine 65 61 May_ Australia 4%s ‘56 Australia 58 '65 Australia 5s '67.. Belgium 6s ‘55 Belgium 6%s "49__. Belgium 78 05 Belgium 78 Bb Berlin 6% Berlin Elec u 5 Berlin Elec 6% s 20 98 8 8 8% T4 9585 10034 100% 10034 10084 10054 100% 10034 10034 10034 10034 10034 10034 10035 100% 100% 1024 10274 109 109 109} 1095 1054 1053 10535 106%% 113% 118% 20 9% 8 8% 8% T34 95% 100%; 100% 10034 20 98 8y 8% 8% 74 96%% 100% 100% 10085 100% 10054 10034 100% 100% 100%% 102% 1095 109y 10563 1055 114 106% | Berlin Elec 6%8 '89. Budapest 63 62 unmat coupon on___. Buenos Alres 4% 5458 '76 April_. Buenos A 76 Aug Buenos Aires 4%3-3%3'77 Pv Buenos A C 6s ‘60 Oct. Buenos A C6%s | Buenos A 6s 61 st P HBuenosAC6 s'61stP; | Bulgaria 7s 67 July coupon oft Canada 2348 ‘45 Canada 31,8 61 Canada 4560 Canada 5 Chile 65 '60 Chile 63 '61 Jan Chile 63’61 Febr.. Chile 6561 Sept.. Chile 7s 42 | Chile Mtg Bk 6s "61. Chile Mtz Bk 6s ‘62 Chile Mtg BK 6%3 57 Chilean Mun L 75’60 Colombia 63 '61 Jan. Colombia 6s *61 Oct. Col Mtg Bk 75’46 Jopenhagen 4338 Copenhagen 6s '52 Cew.nhlxen T 53 "54.. Cordoba 78 ‘42 Prv_. | Costa Rica 78 A "5 Cuba 538 45 Denmark 4138 6 | Denmark 5%s 5 Denmark 65 *42 __ Dominic 13t 6%3 4 Dominic 1st 6% s "42 __ Fl Salvador 85748 ct_. Estonia 1867 ccaeuee | Finland 6s '45 French Gv 7s *49 un st French Gov 7328 *41__ Ger C Bk A 6s°38 C Bk A 63’60 July Ger C Ag Bk 65'60 Oct Ger Gen Elec 6348 __ Ger Gov b Ger Gov b%s '65 un st T Rep 75 '49 stpd ‘49 sels at Lake Erie docks for the week | G, ended September 28 although slightly | below the preceding week, showed a gain of 50 per cent over the like week | last year, H. M. Griggs, manager of the Ore & Coal Exchange, reported | today | Dumpings of 1.443.409 tons were di- | vided into 1,396,128 of cargo coal and A 47.281 for fuel, and compare with §61.275 a year ago. Loadings for the season to date extend their gain over a year ago to 19 per cent for a total of 32.149,- 621 tons, against 26,973,676. INSURANCE STOCKS RK. October 2 (&, NEW YOI —New York Mecurity Dealers Associaiion: Asked. Aetna Cas (7a) Aetna Ins (1601 Aetna Life (60a) Am Am Am s ¢ | m oS * Am t Automobile Balt Amer ( Carolina (1 2 City of N Y (1.20) ” | Conn Gen Lite Cxo) Fid & Dep ia) Eifemen's Nwk rank Fire (ia) en_ Alliance ( K0) _ Glen Falls (1.60) Globe & Rep (Lag) Globe & Rut Great Amer (1a) Hanover (1.60) Harmonia_(1.20) Hartford Fire Natl Liberty (.20a) " N Hampshire (1.60) _ N Y Fire (.608) Nor River .80a) Phoenix Prov Wash 81 Paul ‘Fire (61 Epringfield (472a) " Sun_ Life Travelers 6 U S Fire (1.80) Westchester (1a a—Also extra or extras. #—Declared or n-ld s0 far this vear. FOBEIGN MAB.KETS LONDON October 2 (# —Trading was active and prices irm in the stock market today. *sentiment being somewhat jm- proved by the resumption of dealings in ench exchange. Kaffirs, trans-Atlantic shares and international issues sold at higher prices and srmament stocks were de: he oil and tobacco Gy with the exception. of which reacted. European bonds moved ‘irregularly. PARIS.—Buying orders poured into_the Bourse. which has been closed since Sep- mber 25 the volume being of such pro- Rflruons that buying orders were several undred times the amount of securities offered. FPrench rentes closed about francs nigher than isst Friday’s closing Pprice and industrial shares registered big advances. Citroen finished at 400 francs compared with 320 a weel Canal, 23.000, 'against Duteh. 4000 axainst o Pacific moved up Socle 7 Siih 25y week ago. . Other bank shares and the electric EyopiNets unquoted. METAL HARKET YORK. October 2 (#.—Copp ; electrolytic. spot and future ik RO, 'flrl;: blrgly steld! ork. 4.80a4.65: East Zine dull: East 8t. Lou ‘and futire. Iron. aluminum. ‘antimony. quick- Silver. platinum and wollnmli: unchanged. HEARING POSTPONED. The Interstate Commerce Commis- asion today ordered postponement of the hearing on proposed reorganiza- tion of Missouri Pacific Railroad Co. M from October 6 to November 10. The hearing will be held here, e | Montecatini 78 '37 | Montevideo 7s | New So Wales 6357 | New So Wales 55 "58 | Norway 4%s ‘66 Halitl 6s 52 | Hamburg St 6s 46 italy 7851 | Ital Crd P W 7s "47 B_. ital P U Crd AI’SZ. Japan 6%s 65 Japan 6128 54 Kreug&Toll bs Milan 638 62 Minas Gers 633s 8 Sept coupon off __ Minas Geras 6%8 59 Sept coupon on.__ 9cls. 17k 165 9 6214 1044 104% 12534 Nord Ry 62850 Norway 4148’65 10014 6 101 101 24 79 | Norwav 68 '63 | Norw Hyv Elec 5‘&' T Nuremberg 6s'52____ Orfental Dev 5%s '58._ Oriental Dev 6s 53 ___ Oslo 4%8 975 10014 6614 1144 9734 100} 6614 114% 15 124 12 5215 6644 54 Paris Orl Ry 6%s '68_ | Pernambuco 78 *47 Sept coupon off Peru 63 60 __. Poland 88 °50 . Porto Alegre 7%s 66 July coupon off . Prussia 6s 52 Prussia 6%s'51 Queensland 6s ‘4 Rhine W E1 P 65 *52 Riode Jan 6%s '63 Aug coupon oft Rlo Gr do Sul 65 '68 June coupon off ___ Rlo Gr do Sul 7s ‘66 May coupon oft Rio Gr do Sul 7s '67 June coupon off. Rome 6%s'52 . Sao Paulo C 6%s 57 May coupon off ___. Sao Paulo St 7s *40 Saxon St Mtg 612s "46. Serbs 7’62 unmco.__ Serbs 88’62 unmco _ Siemens & H 6%s "51_ Silesia Prov 7s '58 Sydney 68 '65 Taiwan Elec 6%s "T1... Toklo 5%s "61. Tokio E L Ltd 6s ll Tyrol Hy Elec 7s '52._ Uilgawa E P 7845 __. 163 24 24 § 125 27% 18% 1128 273, 1634 1614 Uruguay s Venetian M G B 7s'52. Vienn: 62 May co. Warsaw 7s ‘58 _. Yokohama 63 "61 9434 843 DOMESTIC BONDS. Adams Express 48*48 10175 10175 AlbPer WPes'48 ww. 71 71 Alleg Corp 63 ‘44 ... i 95% 8 644§ 10234 10235 10234 1003 1004 100% 172% 166 172% 763 T4 6% 8035 803 113 11 11 10834 106} 10634 124 1193 124 11234 112 11234 10644 106% 106% 11155 116% 110% 1% 1115 1Y -- 11335 1134 11345 Alleg Corp bs ‘50 Alleg & Westn 4 Alited Stores 4%s '50 Allis Chalmers 48 *45_ AmT&T5%8"43 9734 | 828 | High, Low. Close. Am T F 2% 5-5! 0 . 110% 1108 11034 Anglo~Chil Nit 7l’l74 Armour & Co 434839 Armour(Del)1st 48'65 A T&S Fe 45 '0! A T&S Fe gen 48 95 A T&S Fe41,s'48 Atlanta & Birm 4s'33. Ati Coast L 15t 4s 52 Atl Coast L clt 4552 AtICLun4%s'ss.. Atl Coast Line 65 45 Atlantic & D ist4s ‘48 Atlantic & D 2d 43 *48. Auburn Auto 4%s°39. Baldwin Lo 5s "40 asst B tO ref bs 2000 D B&Oref 6s '956: B&OPLE&W V ¢s'41 B & O Swn 6s 50 B & O Toledo 43 59 Battle Crk & St 3s '89_ Bell T of Pa bs 4% B__ Bell T of Pa Bot Con M 6% Bot Con M 6% Bklyn Cy RR bs "41. Bklyn Edison 5549 A’ Bklyn Man Tr 6s°49 A Bklyn Un Gas 6s 57 B Buft R&P con 433’67 Buff R&P cn4 18’57 rg Bush Term con 6s ‘65 Bush Term Bldg 6s '60 By-Prod Ck 6%s *45__ Calif G&E rf 58 '37_. Camag 78 *42 ctfs Canada Sou 5862 Can'dian N R 4%s '56 Can'dian N R 4%s 7. Can'dian N R 4% s ‘55 Can’diap N 65’69 July Can’dian N R 68’69 Oct Can‘dian N db 6% 5’46 Can‘dian P db 4s perp. Can'dlan Pac 4%s 46 Can'dlan Pac 4 %s 60. Can’dian Pac 68’64 . Carth & Ad 43 '81 gtd.. Cent of Ga 6s.'59 C.. Cent [1) E& G 6361 Cent N England 4s *61. Cent of N J gen ba ‘87 Cent of N J gn 55'87rg Cent Pac 18t rf ¢s'49_ Cent Pac 6s ‘60 _ Cent P Tr Sh L 4s Cert’d deb 5% s 4% Champ P & F 4% s "'50_ Cherap Ccv bs 44 Chesap Corp bs *47 Ches & 03%s'96 D__. C&Ogen 434892 C & O con 6s ‘39 Chesapeake & Ohio Greenbriar 48 '40___ Chi & Altret 3549 __ Chi B& Qgen ¢s'58__ ChiB& Q 4877 Chi B&Q 1 div 3%s"49 Chi B&Q | div 4549 __ Chl & E 111 65 °51._ Chi & E 111 63 '51 otfs_ Chi & Erie 1st 55 '82_ Chi G L& C 58737 Ch1 Grt West 45’58 Chi Ind & L gen 6s '66 CM&StP gn -5‘1l ‘89 B 54 CM&StP 4%s '89 CM&StP 68 76 __. CM&StP&P adf 6s2 Chi & NW gen 315 '87 Chi & NW gen 4s'87__ Chi & NW 418 2037 Chi & NW 4335 2037 C. Ch1& NW 43849 Chi & NW gen 65 "87__ .| Ch1& NW rf 68 2037 . ”| C&NW Nr W Glfis ‘iG Chi Rys 1st bs Chi R 1&P rf 4 Chi R 1&P rf 4 c Chi R 1&P gen 4s '88__ 52 Chl T H&S 1st Chi T H&S inc 6360 . 'Chi Un Sta 3%s'63 B Chi Union Sta 4s "44__ Chi Un Sta 45’63 | Cbi Union Sta §s 44 Chi& W | con 4s'52__ Childs & Co bs 43 Chile Cop deb &s *47 Cin Un Ter 3%s D gtd CCC&St Lrf4%s71 K CCC&St L ref 63 '63 D CCC&St Lref 65’41 C Clev Cliffs Ir 43%s '50_ Clev Un Tel 4%s'77 Clev Un Term 6373 B Colo Fuel & Iron bs '43 Colo Fuel & Ir bs 'T0__ Colo & So 4% '80 Columbia G & E deb 65”52 April_______. Columbia G & E b3 | '62May. . | Columbia G&E bs *61_ | Cons Coxl Del 65 60 _ | Cons Ed NY 3%s'46n | Cons E4d NY 3%s ‘66 p Cons Gas N Y 4%s ‘51 Consum P un 3%s *65_ Cons Pwr 338 '70 Container deb bs 43 Container s '46 Crown C & S 48 '50 Crown Zell 63 '40 ww_ Cuba RR 1st 65’52 Cuba RR 65’36 Cuba RR ref 7138’36, Cuba Northn 5338'42. Dayton P&L 3% "60._ Del & Hud ref 4543 Del & Hud 6%s 37 Del P & L 415 69 Den & R G con 4s 36 Den & R G 4%s '36 . Den & R G W 5865 _ Den & RGW 5s'65 asst Den & R G ref b Des M & F't D 43’35 cfs Det EEdison 4%s ’61 D Det River Tun 4%;s'61 Duquesne Lt 3%s ‘66 East Cuba S 7%s'37 _ K Cuba S 73%s 37 ctfs Eriecv 45’53 A Erie cons 4s 96 . Erie gen 4396 Erie ref 55 '67._. Erte ref 55 *75._ Fla ECRy 55°74 Fla EC Ry b8 714 ctfs_ Fonda J & R 2s-48 82 ctfs Fond J & R 43’82 filed GenStIC65%s"49_ Goodrich 6s *46 Goodrich s *47 Goodyear T&R 68 «Joth Silk H 6 4! ww Gould Coup 6 Great N Ry 46 G Great NRy 4s'46 H _ Grt N Rref 4348’61 A Grt N R gen 4% "7 E. Grt N R gen 63’73 C. Grt NR6%s"52 B ____ Green Bay 6562 B. Gulf M & N 55 '50 Gulf Sta St15%s'42__ Hock Val 41,839 Hoe (R) & Co 6148’34 Houston Ofl 6%3 *40_. Hudson Coal 53 '62 __ Hud & Man inc 68 '57_ Hud & Man ref 68 '57_ 111 Bell Tel 3% -w 111 Cent col tr 4s 11l Cent col tr 48 u 111 Cent ref 4s 56 111 Cent 4% '66 _ I11 Cent ref 6s '55 . ICC&StL N O 4% 5°63_ ICC&StL N O 68 '63 _. 111 Steel deb 415840 Inland St 3%s 61 Int R T 1st rf 556 Int RT 6s'32 Int Pap 1st 6847 A__. Int Pap ref Int T&T ov 4% Int T&T 4%8 62 Int T&T 58 56 Towa Cent 1st&rf4s’51 James F & C¢s39.. 10434 10814 817y 114 948 94} 9 103 1008 103 103% 544 981y 1043 14% 174 - 154 11414 11834 10834 106% - g 105%% 104 8534 10234 1073 973 10315 108% 107 1041y 1083, 1467 a8y 4 10614 28% 105 98% 1093 116 m 2214 1024 9614 9514 1085 618 5614 86 104%% i 108Y% 5 105% 10815 5% 114% 10814 10 nfi? 106%% 104 {1007 1043 50 106! 105% 106 106% 106 10174 1061, 106 103344 8625 9074 105 108% 104 9975 150 1198 108 114% 105 1% 116% 13 9914 1027 1044 50 1065 10533 106 106% 10575, 10174 1065 106 107% 931 88% 148% 50% 50 lula 28% 108 98% 109% 116 1t 2214 1024 97 96Y 103 5674 8 | 1044 | 8175 iy 9y 9414 | at 103 105 7y | L& N So Mon it gl\ornP.cu'M = | Long Isl ref 4 | Lon G & B 68 52 A~ | L& N 18t 452003 | McKess&ftob b | MeC RRclt 4845 A _ | Me C RR gn 4335'60A. INYL& W 1st4s” STAR, WASHINGTON, EXCHANGE High. Low. OClose. Jones&L Stl 4% a'61A. 108)4 108)¢ 1085 Kan CF SEM 48°36 ... 61% 61y Kan CFS&M rf 4s36ct 574 6734 57% KanCSolst3s'50. .. 90% 90} 90% KanCSorfinbs'50_. 99} 99 99 10834 10814 843 94y 104 104 Kings Co El 4849 ... 106}4 106} 106} Kresge Found ¢s *45.. 10935 100} 10935 10134 10134 3 3 73 i 104 32 73 104} 82 10456 708 70 10¢ 90 101 7314 8 85! 124% 135 98 ¢ 104 10174 1225 9774 11014 102% 109 { 109 993 104 104 Lake S&M So 3% '97. Lautaro Nitr 6s '64 __ Leh C&N 4% Leh Val Coal Leh Val Coal 6874 Leh Valley Har 6s ‘54. 104 LV NY 1st 4s’46 gtd. 90 LV NY4%s40gta__ 1013% Leh V P con 48 2003 13i5 Leh V Pcon 4%82003 784 Leh V RR con b8 2003 85% 104% 695 69 104 89% Long Island deb 6s'37. Lorillard 55 51 ._ La & Ark 58 '69 L & N unif 4s *40 L &N 552003 B. McCrory Stores 58 '5 Manati Sug 7%s 42 Man 8 1st 7% 8’42 ctfs 62 Manhat Ry 4s ‘90 ctfs 57 Market St Ry 7 ‘40 A 102 Mich Cent 414879 ___ 106 Minn & S Lrf 45’49 _ 6% Minn & S* ' 68’34 ctfa 1 MStP&SSM cn 45 "38 | MStP&SSM cmés "38 . MStP&SSM bs '38 gtd. | MStP&SSM bl%s MStP&SSM 518 "7 | MStP&SSM rf 63 | MoK & T 15t MoK &T 4 | MoK & T 4%8'78 Mo K & T 63 62 A Mo K & T ad) 55 °67___ Mo Pac 4876 Mo Pac & '65 A Mo Pac 6865 A ctfs__ Mo Pac 6377 F_ Mo Pac 58’78 G _. Mo Pacific 58 80 H. Mo Pac b8 '81 | Mo Pacific 6%8°49 Mob & Ohlo 4% s"77__. | Mob & Ohfo 5538 __ _ | Mob & O M div 5547 . Mohawk & M 45 *91 | Monong Pub § 4 Mont Pwr ref &3 Mont T gn rf 58 " Morris & Co 4 Mor &Essex 3%;s 2000 Morris & Essex 4%°55 Mor & Essex 68’55 | Mutual Fuel Gas 58'47 Namm & Sons 6543 __ Nashv C&St L 48 T | Nassau Eiec 43 '51 gtd | Nat Dairy 5% 8'51 ww 1064 | Nat DisPC 10534 Nat R M 4s Nat R M 43 | Nat Steel 4 Newark C Gas 5848 New Or GNR 53 ‘83 A_ New Orl P S 6s New Orl PS 585 New Orl Ter 1st New Or T&M 4%s 56 . New Orl T&M 68 "54 B New Or T&M 65 '56 C_ New Or] T&M 5% s 54 N ¥ Cent 3% 97 . 102 N ¥ Central 3% 46__. 1013 Y Cent con 4s "98 Cent rf 43438 2013, GCrf41;m2013n Cent rf 5s 2013 2315 31'% 1168 116% 9714 96 6834 10614 1052 95%5 9514 100 nu7 97 96 102% 9515 10534 9914 10274 11575 101% 29 29 31y 20 34y sl 35 NYC&St L 1st 48°37__ 1023 NYC&St L 438’78 ____ 95% NYC&St L 53%5'74 A_ 106 NYChi&StL6s’38 100 N Y Edison 33865 D 103} I N Y G E] HEP 48 °49 11575 - 101% NYNH& H3gs'54.. 29 NYNH& H3%s 29 NYNH&H 4s 3114 NY NH&H 48 20 | NY NH & H 4 35 NYNH&Hel tr6s'40 454 |NY NH& Hev 68’48 354 " N H & H Cons Rys i N ¥ N H & H Cons Rys 4’551 & T - NY O&W gen 43 '55._. | NY O&W ret 4 | NY Putnam 43 '93 NY Rys Inc 65 '65_. NY Rys 6865 A NY S&W 1strf 68 '37_ NY Stem 1st 65’51 NY Steam 1st 65 47 NY Tel gen 4%s *39 NY W & B 4345’46 Niag Falls Pw 333866 Norf & W 1st 4596 | North Am Co 58 '61. | North Am Ed 5369 C.. North Am Ed %863 | Nor'n Pac gen 3s 2047 Nor'n Pac 4348 2047__. Nor'n Pac 55 2047 C | Nor'n Pac 53 2047 D. Nor'n Pac 6s 2047 | North Sts Pw 438 %61. North S P 1st 5s'41 A_ | Nor'n Sts Pw 6s '41 B_ Ogden L. C 4548 | Onio Con’ting R 5 109% | Ohto Edison 43’65 . 1063 | Oreg W RR & N 4861 107} | Otis Steel 6341 10234 Pac Coast 5s 46 = 10 PacG & E3%s '61___. 10675 | Pac G & K 48 '64 . 11014 | PacG & E 6342 100% Pac RR Mo 1st 4s'38_ 101}3 Pac RR Mo 2d 6s'38__ 102 | Pac T&T rf3%s ‘66 B | Pan Am P C 65 "40 Par-B'way 5%s '51 | Paramount Pic 68 55 Parmelee 65 ‘44 Penn Dixte C6s 41 . Penn O & D 4% Penn P& L 4%8'81__. Penn RR 3%8°70 C_ee. wvenn RR 48763 ______ Penn RR 4%8’81 D_. Penn RR 4%s "84 Penn RR con 4% "60 10214 109 1088, 113 1065 105%; 10515 35 .| Penn RR gn 4%s ‘65 Penn RR deb ¢ ‘70 Penn RR gen 6s '68 People G L&C rf 5s 4T, Peoria & E 18t 43°40__ Peoria & E Inc 4s 90, Pere Mara 1st 4 Pere Marq 4%s'80 __ Pere Marg 1st 6s Phila B&W 4%8'81__ Phila B&W cn 5874 Phila Cobs’67 __ . Phila Elec Co 43867 Phila & R C&1 6873 Phila & R C&1 68 49__ Philippine Ry 45 '37__ Pillsbury F1 M 63°43_ PCC&St L 4%s 42 B__ PCC&StL5s'T0 A___. PCC&St L 58’15 B __. Pitts&W Va 4%s ‘69 B Pitts&W Va 41360 C Port AC& D 68’53 A_ Port Gen El 433 ‘60 _ Porto Rico A T 6543 Postal Tel & C 6s *53. Pressed St1 C 5833 __ Pure Of] 4348 ‘50 ww__ Purity Bak 6348 R-K-O 63 °41_ Reading Jer C 4351 Reading R 414897 A_ Rem-Rand 4% 5'56 ww Republic Stl 418 '61_ Republic Stl 414850 Republic Stl 53s %54, Revere Cop 41,8 '56_ Richfield O] 65 44 Richfleld O 68 *44 ctfs Rich Term Ry 68 %52 _. Rio G W col 4349 A Roch G&E 55 °62 E Rutland Can 4s *49 Rutland RR ¢%s ’41 St L IM&S R&G 4s 33 St LP& NW bs"48_, StLRM&P 58 "5 t . A gt 4 StL-S Fran ¢%, s 1128 112% 12134 12134 121 121 9% 95 9514 9514 10334 10334 8% 1734 7 T 3935 39 19 174 114 1134 98Y 983 88 874 101% 101% 10634 10634 107 108% 9% 994 1205 119 10814 1083 1047 1043% | geographical regions were: New Eng- FALL TRADE T INTO FULL STRIDE Cooler Weather Stimulates Store Sales—Apparel Gains Widest. Ey the Assoctated Press. NEW YORK, October 2.—Fali trade adopted its full stride this week after some interruption during September, Dun & Bradstreet said today in the weekly review of trade and business. “Favored by cool weather.” the agency sald, “the covering of post- poned needs provided an impelling impetus to retail sales, with the pre- dominating preference for medium and higher-priced lines the outstand- ing feature. “As more orders accelerated whole- sale activity, increasing attention was centered on overcoming further delivery delays. Although automobile production dropped to the year's low, the average rate of industrial opera- tions was undiminished.” Widest gains in retail trade were shown by men’s and women's wear- ing apparel, the review stated, adding that house furnishings, furniture, sta- ple drygoods and groceries contributed heavily to the enlarged total. Blank- ets, sweaters and knit suits meved into prominence, as did men’s top- coats and hats. The average of retail volume for the country as a whole was estimated at 10 to 18 per cent ahead of the same 1935 period and from 5 to 15 per cent greater than in the preceding week in some sections. Increases over 1935 in the major Jand States, 15 to 18 per cent; East, 7 to 16; Middle West, 15 to 20; North- west, 12 to 18; South, 15 to 25; South- west, 10 to 20, and Pacific Coast, 18 to 30. “In alignment with the more rapid turnover of retail stocks,” the report | continued, ~“wholesalers had the largest flow of business in three weeks. buyers were more numerous in the leading markets and mail orders were | heavier.” Washington Produce BUTTER—Range of Drices gathered from wholesale deaier: | nearby shippers based on Philac New York prices): One-pound prinis. ca. 1-pound prints, carton {s-pound prints.’ carton <-pound prints, carton | Spring_turkeys: o u ms. i| St L-S Fran58'50 B - 4| StL-S F bs ‘50 B etfs_ ¥ cuba”CHE Cscorer, 36; tubs 15a18; smoked " compound. brrces. paid shippers. net . i oo ihe PRt ey Biacks “Buienu ot | Agricultural Economics “Market steady at unchanged | prices. Current receipts. 26a28: he: | whites. Government gated white eses (met prices paid shippers, b. Washington ) S. ‘extras. large %0 8 extras, 30%; U. 8 1 e Aila | p Ut TRY Market weak _snd P Fowl. Colored. heavy Virginia Rocke. Brollers and fryers. Del ware crosses 2 Tal8. mixed | youne. _ o mediums. kens 19821 > pounds under 2 pounds. each. Receivers’ Hens 10 to < 14 pounds and up. * CABBAGE—One Pennsylvania sirived: | one unbroken car on track. ~ Supplies moderate; demand moderate; market steady. New York 0)-pound sacks do- mestic round type. %0al.00. Pennsylvania f-peck hampers. domestic round type. 1.00 al CANTALOUPES—No carlot s rrivals: two broken cars on track. Suppies moderate; | demand’ moderate: “marke: \Celo o Salmon Meats. jumi Sad 30. standard flats. 10 steady. 1 High. Low. Close 26 2644 26 3045 3034 303! 28 28 28 9% 9" 4% 61 22 1044 | 121% 1033 101% 35 StL-SF ¢%s"78cf st S W 1st 48’89 gD rf 5390 18t ter 6852 KCSL4%s"L M&M ext bs '4! 104% 1043 | St P Un Dep rf 687 121% 121% Saguenay Pw 4 s ‘sa 103 10335 San A & A Pass 45’43 101}3 101}5 Schulco 6 6 Astp 35 323 Seabd A L 45’50 stp__ 20 19} Seabd A Lref & g a4 Seabd A L adj 68’43 7 b Seabd A L 6 12 1% Seabd A L 6s’45 ctfs_. Seabd A-F16%'35 A et_ Sharon Stl cv 438 '51. Shell Un deb3%s'51. Stlesian Am 78 ‘41— Skelly Oil 42 "5 10034 10034 Socony Vac 3%s'50 - 10435 South Bell T&T 6s ‘41 1§ 107% a i 99 983 9875/ 9514 95 106% 108 964 9534 955 965 9514 9514 997 9935 . 1101 10975 8 1Y% 110 10934 97 9614 swW w c StL |stLs |stLs |stp StP 5§ 6l 10834 108! 98, 9% 70 694 So Pacref ¢ So Pac 4% So Pac 4%s So Pac 418 81 So Pac Qreg 43877 So Pac S F Ter 4 So Ry gen 43’56 A. 9. 9014 8| 110 97y 108'4 108 104%5 104% 2914 283 10035 100 123 12044 10674 106% 100% 10034 10034 10034 11034 11034 107 107 103% 1033 106 105 1058, 105 38% 38Y 10835 10634 2l B 106% 106 12134 12134 121% 993 995 993 11534 1163 118% 100% 1003y 10034 108% 10835 108 11034 1093 1094 Southw'n G & E 4560 Spokane Int 68’55 ___ Swift & Co 3% s "50 - Tenn Cent 65 *47 Tenn El Pw 6847 A Term As St L 48’53 Texarkana 6%s *50 ... Texas Corp 3%s ‘51 Texas & Pac 68”77 B_. Texas & Pac 58'79 C Third Av ad in ex 5’6t Tol & Ohio C3%s "60. Un El Chicago bs "45. UnElL&P 6857 . UnOilCal 6342 A Un Pac 3%s°'71 Un Pao 1st 4 Un Pac 48’68 Un Pac 1st rf4s 2008 . Un Pac 1st rf 53 2008 United Drug 6s '53. . 102}§ 102 10234 United Rys St L 4s'34 32} 82!{ 824 . 12134 121 12134 1073% 107% 10734 10834 10334 10835 105 105 106 663 66 86} 935 10 963 96 9615 15 M4 15 6 67 Utah P& L b8 "44 . Util P& L 58 ‘69 ww.. Ui P&L6%s Vanadium ev Ver Sug 1st 7 ValrC&Clst :mx 1063 10835 msu “K i 3% lsu Va Ry 1st 38’66 A__ Va S W conbs 58 Wabash 43878 oo II‘/ '39. Wabash 5876 B oo FRIDAY, OCTOBER 9 1936. Auto Production Rises to 22,300 Mark for Week By the Associated Press. DETROIT, October 2.—Cram's Re- ports, Inc., estimated today that au- tomobile production for the current week would total 22,800 ears and trucks, compared with 15,764 last week and 24,770 in the like week of 1935. Ward's Automotive Reports placed the assemblies at 23,175 units, com- pared with its estimate of 20,597 in the preceding week and 29,320 for the comparable week of 1935. LAKES SHIPPING MOUNTS SHARPLY 1936 Ore Volume So Far Ahead of Any Full Year S 930. By the Associated Press. CLEVELAND, Ohio, October 2— With more iron ore carried down the Lakes so far this season than in any full year since 1930, Great Lakes ship- ping is steaming along at boom-time speed. The report of the Lake Superior Iron Ore Association today shows shipments from Upper Lake, ports dur- ing September totaled 7,481,071 tons, an increase of 2,663,457 tons, or 55.29 per cent, over a year ago and the largest month since August, 1930, when 8251699 tons were brought down. ‘The past month claims the record of the largest September since the banner year 1929, when the move- ment came to 9,547,040 tons. This brings shipments so far this season to 33,762,588 tons, 11558376 tons, or 52.05 per cent, over the like period last year and sbout five and a half million tons more than for the entire year of 1935. Recent estimates of total movement of 46,000,000 tons for this season are thus brought close to realization. Ma- rine men believe that the current month will approximate the results of September. Barring too much bad weather, November will not be far behind, as the bulk fleets are sched- uled to operate at op speec Tight through the month. With the Nation « steel mills oper- ating at the highest leveis in six years and production of new-model automobiles getting under way, the demand for ore has been increasing. Loadings of oituminous coal into vesSels at Lake Erie ports continues | at an all-time peak rate For the season to September 27 the Ore and Coal Exchange shows 32,149,621 tons dumped into ships’ holds, a gain of 19 | per cent over the corresponding date last year, with no signs ~f a kt-up apparent. In a little more than a month 20 more bulk freighters have Jecn pressed into service to bring the active fleets to the largest size since 1930. About 265 boats are now plying the ore and coal lanes, 85 more than a year ago. Waslungton Exchange :: : SALES. Potomac Electric 5'2% 112, pfd.—10 at AFTER CALL. Klhcm Benk com.—5 at 290. American Security & Trust Co.—10 lll N Y. 252, 10 at 252. Wazhington Rwy. & Elec. pfd—2 at Paciic RE o 110%, 1 at 11015, Bid and Asked Prices. BONDS. PUBLIC UTILITY & Tel 4'as. & Tel. col. ir. Anacostis & Poi. 05 - Ana. & Pot. Guar. 5s C. & P. Tei. of Va. bs Capital Traction R._R. Bs & Sub Amer, el Tel. bs- Wash., Rwy. & Elec. 45__ MISCELLANEOUS, Chevy Chase Club 5! - 108 Col. Country Club 5 W. M. Cold Storage os _ STOCKS. PUBLIC UTILITY Amer. Tel. & Tel. (9) Cavital Tiansit Co & W. Steamboat (6)_ i. Po mer. Sec. & Tr. Co. (e8) Bk of Bethesda b Com. & Savings (a6 | Cavital 4) Liberty (3) Lincoln (6.25) - Nat]_Sav. &_Tru: PrGeorues B, & Tr. (.50) Riggs (8) Rigss pid. (5) Washington (6] Wash. Loan & Ti FIRE INSURANCE. 101 100 1.60) ~ 40 Faional ‘uhlon (.60) = . 2% TITLE INSURANCE. Columbia (.30) Real Estate (6) mscn.umoua Farper O € 60) _ Lanston Monotype (4) __ Mergenthaler e b © les Drug. S. com ( ;:gp?ln'mu 5 sia (6800 112% ;::lx-mvldznd Plus extr: lifle‘nfi,flaull 15. 1036; 50c paid Au- gust 15 per cent extra. = — e FEDERAL LAND BANKS ORK. October 2 (P.—Federal Land Bank_ borids 4%s Nov., 2235830 REE FESAGS 233 INDEPENDENCE 3635 10734 lus( 106% 9% 9% 9% 96% 9615 Y64 Warren Br s ‘41 rets. Wash Term 3%s°45 _ ‘West Penn P lu- WPaP4s'61H 10934 10914 1093 1073 107% 107% 107% 107% 107% 10314 103% 10334 38 38 38 32 37 W& 1085 108% 108% 1045 104% 1045 1075 10734 107% 10814 108 10834 1113 111K 111 1013 101% 101% 102 102 102 West'n Un 4%s '50 Westn Unecl tr 63°38. West'n Un 68 51 West'n Un 6s "60 W SpSt 1st 7a '35 ot W Sp Stl con 7s '35 Wilson & Co ¢s °56 Wis Cent 1st gn 4549 WisC 1st gn 4s Wis C S&D Trm 45 3¢ WCS&D ter 48’36 cfs. 17§ 17% 174 Y'ngstn S&T 3% 851 13034 12735 130§ sta S&T 4861 108 103 103 » FUND DECLARATIONS OF TRUST Empire Trust Company, Trustes New York City A Living Trust Fund / Prospectus on request Slauson, White & Rewe, Inc. 305-10 Peoples Life Ins. Bidg. Net'l 6631 Washington, D. C 3 lvert Building Phone: c?lvors.flsa Baltimore, Md. AR S U e FINANCIAL. AUTO FIRMS FACE PRODUGTION RUSH Must Turn Out 1,200,000 Cars in Last Quarter to Meet Forecasts. By the Assoclaled Press. DETROIT, October 1.—The motor- car industry gets the final quarter of 1936 under way facing the task of producing approximately 1,200,000 cars and trucks between now and December 31, if it is to assemble the 4,650,000 units 1its leaders predicted several weeks ago. ‘The industry has had its slack sea- son in the matter of assemblies—while plants were being equipped to turn out new types. There has been little slackening, however, in consumer de- mand, and the result has been that fleld stocks have been virtually cleaned out, presaging a shortage that must mean delivery delays before all the leading assembly units of the industry get into the stride necessary o over- take retail requirements. Center on Used Cars. One direct result of the better clean- up of new car stocks in dealers’ hands is the determination of most of the volume producers and distributors to concentrate, for a time at least, more heavily upon the movement of used cars. The industry campaigned vigor- ously to dispose of old cars accepted in trade during the Spring months and succeeded in relieving what otherwise would have been a difficult situation to handle. The impending drive on the used | car accumulation has its inception in two inescapable facts. The imminence of new models means there will be another wave of used cars flooding toward the dealers when they offer 1937 models, and the stocks on hand must be moved to make room as well as release considerable cash tied up in | the old vehicles. Aside from that situ- ation, however, is the fact that many of the dealers have nothing but used cars to sell. Hope to Avoid Spurts. On the basis of present consumer | demand the virtual certainty that dealer requirements will exceed those | of the final quarter of last year, the | industry should easily run off 1,200,000 | units during the coming three months. There is a disposition at the same time to avoid production spurts, which past | experience has shown the producers | inevitably leads to sharp declines ltun in the season. #x# A—17 QUARTERLYINCOME . DRAFTS CHANGES Plan to Qualify as Mutual Firm Will Be Offered Holders October 29. Sypecial Dispatch to The Siar JERSEY CITY, N. J., October 2.— At a special meeting of the Board of Directors of Quarterly Income Shares, Inc., action was taken to qualify this $44,000,000 investment fund as a mu- tual investment company under the terms of the Federal revenue act of 1936, it was announced today. The act accords to mutual investment com- panies a more favorable tax status than that of so-called “other” com- panies. To ratify this decision, as well as other desirable changes in the charter of Quarterly Income Shares, Inc., a special stockholders’ meeting will be held October 29, 1936. The major changes proposed include: 1. Stockholders shall henceforth have the absolute right to liquidate shares through the fund. 2. A consolidation of 10 of the pres- ently outstanding shares for one new share. This, however, will not affect the total value of holdings, or the pro rata interest of stockholders in the fund, as quarterly dividend and distribution rights per share will thereafter be 10 times as great as at present. 3, It is aiso proposed to authorize the issuance of participating pref« erence stock, or prior preferred stock, or both. It is believed that this will enable the fund under the new law to distribute realized profits in the form of a different class of stock and yet allow it to retain its working assets. Quarterly cash distributions of net income derived from dividends will continue. Quarterly Income Shares now has realized and unrealized profits of over $14,000,000, based on current quota=- tions. This is equivalent to over 50 cents per share, or over $5 per share, when the presently outstanding shares are combined 10 to 1. ‘Holders A Appro\c Gimbel Plan to Clear Up Arrears By tke Associated Press NEW YORK, October 2—Stock- The present year is the second in | which the industry has advanced its | new model work to permit the bulk of | new cars introductions in November | and there ,still are some among the | manufacturers who are not entirely | convinced the policy does not borrow | some activity from the subsequent | early Spring mionths. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Bid Ame. Tel. Tel 5l3s Atiantic Refining 38 1 Californta Packing 55 1 | cor | Ofter Tias, | 10415 10812 | 1101 1013, 101} 1042 10314 L “ |93 New “York Dock by 10 ¥ Busg, & West. 5 Pacich 1 Penn-Dixie ¢ Cemem u: mu » Departme: holders of Gimbel Bros., Inc.. operat- ing a large department store chain with units in Philadelphia, Pittsburgh, | Milwaukee and Chicago, approved to- | day a recapitalization plan for clears | ing arrears on the preferred stock It calls for an exchange of one and one-quarter shares of new $6 pre- ferred stock for each outstanding share of §7 preferred. plus a cash divi= dend of $6.62)2 on the old stock. Unpaid dividends on the old pre- ferred amounted last May to $27.75 a share. U. S. TREASURY NOTES. (Repurted by Chas D_Barney & co) RateMatinty - Bid o Soff .. ‘fll 10 101 19 1 BOSTON WOOL MARKET. BOSTON. October ? (United States The, very litt 104% in taken to fill immediate requirements. Average to0 ood French combing lines of 643 and finer territory wools in original bags brought R4aNf cents. scoured basis. and dealers were askine RAaS7 for ariz- | inal lines running largely to good Prench CHICAGO LIVE STOCK. CHICAGO. October 2 (P (United States Department of Agriculture) —Hogs. 6.000. including 1.000 direct: unevenly steady |o lfl higher than Thursday's average on ight pounds: top. 1050 240" pounds, 140 pounds, bk unevenly lower. sows. 5al0 high- er beiter kinds mostly 8.0080.40 Cattle, 2.000: calves, 500: very .ittle beef in run: markel menerally steady: | rather catch. catch-can affair on me- dium weight and weighty steers meager | supply_here being holdovers from Thurs- day; best weighty steers. 9.50: light steers 2 d lots up to 10.50: cuttery and common | '!ll cleaned up with | a: cufl?ry and | stock _mainly ‘l’lflt kinds: suppl cutter cows st 3.3 ady 1000 down: . and feeder trade siow. steady. ble supply o second nands btk 5008 12.000. including #.200 _direct siow: weak to 25 lower: natives to all interests: most Westerns !llllhk around 9.00: sheep steady: ewes 50. according to kind: feedine arce. little changed: load plain around 52 pounds. averages out of sec- | ond-hands. 7.00. MONEY MARKET. NEW YORK, October 2 (#).—Call money steady: 1 Prime com- | Time loans Y4 per cent ceptances unchanged. Rediscount Tate "New' York ‘Reserve Bant: 1%, per cent | PHILADELPHIA PRODUCE. PHILADELPHIA = October and_dressed poultry price; Money for Co.:a‘trufia- Loans Loans on Improved Properties 2% FIRST DEED OF TRUST ONLY GEORGE I. BORGER HOME LOANS to build or refinance INTEREST 5 % as low PAYMENTS Taslow as per $1,000 COLUMBIA BUILDING . ASSOCIATION 716 11th St. N.W. | combing and staple lengths. Investments 5|/2% First Mortgage Real Estate Notes Secured by new dwellings in N.W. section of Washington. Bradley, Beall & Howard, Inc. z-mhmhed Nearly 40 Years A. 027 Southern Bids. For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged om Easy Monthly Payments Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbis, Nearby Maryland .and Virginia 512% Promps Action B. F. SAUL CO. 925 15th Street Natl. 2100