Evening Star Newspaper, October 2, 1936, Page 19

- CURB LIST GOES TOHIGHER LEVELS Gains Rankinh Up to Seven Points Registered by Industrial Group. By the Associated Press. NEW YORK, October 2.—Prices in | the Curb market moved aigher on brisk buying today. Gains ranging up to seven or more points were scored in the industrial section and advances of major frac- tions were shown by oil shares as the session moved toward the close. Jones & Laughlin Steel on moderate turnover moved ahead more than By Private Wh Direct ® The Star, - Dreend Rate. Add 60, High, Low. Close Acme W vte (3)_- 268 48 48 48 Alasworth (2) - Al Gr'tSoual% Alabam Pw pf (7) 2008 Allen Indus (t1).. 4 Alum'n Co of Am. 1500 Am Capital (A)... 2 AmCP&L 131% llIK LY 6 6% 84% 8% 3% 223 21 10} 0% 11034 110 { 9% 3134 182 7 AmCynam B 60c.. 27 Am & For Pwww. 2 Am Fork & H (1). “0' Am G&E (1.40) Am G&E pf l)-—lflfl- Am Gen Corp Am Gen C'p Dl(?) IOVI Am Lt&Tr (1.20). 2 Am Mfg Co - 7608 Am Maracaibo_... & Am Meter (a75¢). 2 Am Potash & Cal 100s Am Superpower__ 18 Am Superpwrpf.. 3 Anchor Post F Angostura (20¢) .. THE EVENING NEW YORK CURB MARKET Stocks and Sales— Dividend Rate. Add 00. High. Low. Close Ford Motor (Can) B (a75e) . 21 184 508 27 18y 18% Froedtert Gr & M gonv pf (1.20) ... 160 Gen Firepr'f t40e. 2 Gen Gas & Eleo couv pf (B)... 1508 Gen Invest Corp 11 Gll Pub Sve pf 16 408 Teleable .. 45 Gon Tire & Rub _. Gan T&R pf A (6) 3 Georgia Pw pf (6) 200a 89 Gilbert (AC)..-.. 3 84 Glen AldenC (1).. 1 184 Godchaux Sugar (A) (al)___ _3100g 395 Godchaux Sug(B) 106 2314 Gorham vtcex(1). 7 203 Grand Nat Films. 20 4 1244 26 1% 8 204 1434 bl 2014 3% 124 243 11234 1264 84 Gr Rap Var té0e_. 2 Gray Tel P8 (1).. 18 Great Atl & Pao Tea n-v (16) .. Great Atl & Pae Tea 18t pf (7). 50s Greenfleld T&D.. & 13 12634 4 208 STAR, WASHINGTON, D. C. CHASE DEPOSITS CONTINUE TO RISE {Morgan & Co. Reports Drop, Manufacturers’ Trust Record Is Set. By rne Associated Press. NEW YORK, October 2.—The state- ment of the Chase National Bank for | September 30 showed deposits of $2,- | 290,889,000, compared with $2,083,326,- 000 on last June 30 and 31,95].531.000' on September 30, 1935. N Total resources amounted to $2.- 568,430,000, compared with $2,356,387,- FRIDAY. OCTOBER 9 1936. FINANCI How the Price of Woolworth Stock Has Fluctuated During the Last Four Years Prices of F W Woolworth Stock 1933-1936 Earnings Amounted to 651-$2.96 Per Share in 1933, Stock Sold Between 601 8.49 and 17.19 Times Eamiwgl 1] IlIlIIIIIl"" UL IIIIIIIIIII IIIII 1 LU Illlllh‘lll III ] '|III TN M gs Amounted to FREIGHT LOADINGS AT 807,070 MARK {Week’s Total Represents Gain of 28.1 Per Cent Over Year Ago. NEW YORK Ountm 2 —The Asa- clated Press seasonally usted ‘uk'v Index_of freishy car Ycdines. "hassd 1929-30 as advanced today 20w, 1036 e Comuees ., he previous week and 554 n of recent vea: 1831 he Associated Press. The Association of American Raile nue freight for the week ended last 000 on June 30 and $2,220,541,000 & 113 | year ago. Investments in United 9935 | States Government securities of $76 ¢ | 601,000 compared with $735,987,000 and seven points and Alabama Great Southern gained more than two. Advances of a point or so were scored by Royal Typewriter, Bliss, Babcock & Wilcox and Wayne Pump. $3.22 Per Share in 1935. Stock Sold Between 15.84 and 20.26 Times Saturday totaled 807,070 cars. This was an increase of 17,560 cars, or 2.2 per cent, compared with the preceding week: an increase of 177.- Arcturus Radio T. Ark Nat Gi Ark Nat G s Art Met W 60c_.. As80 G & Elec .. Gyp Lime & Ala- bastine (Can). Gulf o1l (1) Hall Lamp (a20c) Hazeltine (3) ___.. 268 i I ‘l Earnings Amounted to ’ $3.31 Per Share in 1934. Stock Sold Between Amaunted to $3.66 Per |35 n Share. Stock Sold 17 Utility shares moved somewhat un- evenly, with Electric Bond & Share, | Niagara Hudson. Northern States) Power “A” improving a little, Sherwin-Williams dropped nearly four points, Mapes Construction lost sbout two and Bunker Hill & Sullivan | declined more than a point. CURB BOND ) DOMESTIC BONDS | High. Low. Noon. | 93tz wils 93ty 10612 10612 106 10338 10339 10 09 I 133, 18 108 108 Alabama Pw 4'28 6 Ala 153 108 101 | Auto Vot M(t50c) | Ax-Fisher(3.20)A 708 AssoG&E (A) .. 152 AssoG& ES5of . 24 Assoc Invest 1134 1608 Asso Rayon 8 Atlantic CL (b1)- Atlas Corp (a80c). Atlas Corp war AtlasCpf A (3)_. Atlas Plywd a50c.. Austin Silver _ Auto Froducts 108 35 « 2 22 . 2 2 Babcock&Wil (1) 1758 Baldw L bd rts(d) noo BellancaAircraft.. Berkey & Gay Furniture Co. Berkey & Gay Furn pur war. Black & Decker . Bliss Co (E W) Blue Ridge Calle Blue Ridge cv pf 3 Blumenthal S_. Bohack (H C) _ Bohack HC 1st pt. | Bower Roller Bearing (al%). Braz T L&P a3lc... Bridgep't Mach_. [ 26% 210 3% ri 52 27 163, 20 p O & R i Flonda & & 1, Gatineau Pw 1 Koppers G&C 58 47 1 Lehigh P 8 s 2016 ‘1\1‘ 1 Hiat, 10415 104" 108 106 106 58 108 106 106 Manitoba P 871, 87 idland VRR 53 ilw GRE 425 Miss Pw & Lt 5s ' 3 Miss Rv'F 6s 4 ‘ 4‘ Miss Riv Pw 5% ' % | \ § a8 | ]lH': |u<‘,]nl 2} 5% 95t 851 No In P8 4'ox ER No Stat P 525 »4(. 210315 | 10413 10413 104 2 (] 2| Cent&S W Uul ! Cohn & Rosenbgr. 50 28 Brill Corp pt Brillo M{g A British Am Ofl coupon (80¢) . Brit-Am Tob cou B (a75 7-10c) - Brown Co pf Brown Forman___ Buffalo Niag & E P pf (1.60) Bulova W cv pf_. Bunker H&S t2 Burco Ine (adfhe) Burco Inc war | Butler Bros. Cable El Prod vie. 1 Can Car & Fdry pt 80s | Can Indus AlcoA. 3 Capital City P 60c. 1 Carib Syndicat 2 Carrier Corp Casco Product! | Catalin Corp 4 Celluloid Corp ___ | Cellnioid Corp |- 1stpf (16) | Cent Pwr & 1.t 7% pr (5%) 1 224 1 12508 25 31%% 21y 1044 263 8714 20 108 | 253 | R7l4 2 | Ceut Statea Elee Cent Siates Elec 6% pf Central Stat Electric 7% pf. 100s Centrifugal P 40c. 10 Chi Flex Shaft 12_%00s Chicago Rivet & M (T1%) Chief Consol - 2008 914 | 34| | Lynch Corp (2) 48451 McCora Rad (B) . 16% 1% 3 1 Hecla Min (60c).. 43 Helena Rubenst'a 1 Hires (CE) A (2).1008 Hollinger Consol Gold M Ltd t65c. 20 Hudson BM&S (1) 67 Humble Oil (t1) .. 9 Hydro Elec Secur. 4 Hygrade Food 1 Hygrade 8yl (2)..100s MP&LE% pt_.. 50s 111 Pw& Lt 36 pf.. 6508 Lmp Ofl Ltd coupon (t50e) .. Indiana PL(t40c). Indianapolis P& cum pf (634) _ bos Indiana Sve 6% ot 50s Ind Service 1% ot 40s indus Fin 7% pf _150s ins Co of N Am(2)1¢ Int Hold&lnv Ltd. intl Hydro Elec Systemcvpf __ Int Mining (60c) tntl Mining war__ intl Petro (t11%). | Intl Products | Intl Ul (B) ..__. intl Vitamin t40e Interstate Hos(2). Interstate Power (Del) pt | Irving AirCh (1 | [tal Superpwr(A | Ital Superpower deb rights____ | Jacobs(F L)Co(1) | Jonas & Naum_ __. | Jones &Laugh St ! Kans City P S vte. | Kansas City Pub Sve vienf A | Ken Radio Tuhe & Lamp(A) 371¢ | Kingsbury Br (d)_ Kingst'n Pralle. b ‘ Kirby Pet (20¢) .. C Koppers Gas & Coke pf (6)__.100s 106 | Lake Shore M (4). 15 86 | Lakey Fy & Mach. LY Lehigh C&N(30¢). Leonard Oil Lion Oil R (a5 Lit Brothers Lockheed Atreratt Lone-Star Gas ¢0c Long Island Light Long IsLtpf AT, Loudon Pk n t50c. i.a Land (40¢) 134 29% | 63% Bly 56 o7 21y o4 | 35 1 0 a4 35% T 1 21 15 2 15 7 1 31 24 14 i W 16% 5% 76 % 1 7 17 1 1 * " 1814 224 181 1 18 10 2 75 b1 1 f o {105 56% 614 12 1 72 i 1 14 33 7 . ’ 15 137 En 108 2 18 . . 1 0 McWilliam Dredg Mangel Stores pr_ Mapes Cons (2 Marion Steam Sn_ Mass Util Asso___ Childs Co pf._ Cities Servic Cities Service pf City Aut Stpg 60c. | Clty & Suburban | Homes (30c) Claude Neon Lits. Clayton & Lambert (a20c) Clev Tractor._ Club Aluminum g | 101 | el 8 | Columb O11 & Gas. e R 31 10413 10413 uw, 1062, 1063 1067, | I 903,093 | R51e Rals | 2 10515 1031 21014l 10112 Pl ot - R 1A mm.]um | FOREIGN BONDS. |G ity Lima Alas 58 a Ger Con Mun fs ‘47 2 2 Tral Su Pow s A A 34 5 ‘ ww— With warranis. xw—-Without war- tanis_n—New. wi—When issued. st (sip) =-Stamped. “Nakmlnlflhl' impaired by maturity. 1Companies reported in receivership. INVESTING COMPANIES NEW YORK. October 7 i# —New York Becurity Dealers’ Association (Noon quotations.) id Admin Pd 2d Inc Am Gen Ea Inc 2 usiness Shrs__ ns Stocks. - U va P&L’ arp Tr Acc mod - umulative Tr Sh Bk Sh NY A versified Tr Dividend Shrs auity Corp $3 of delity Pund Inc Boston,_Corp xed Trust Sh Xed Trus 8 B. ound Tr 8h A und Investors Inc Agriculture. Automobile Bullding Chemieal 2AR29251 Uron Holdink corp Investors oy Tr N ¥ Coll A vestors Fd C T Veaiors Fund of A Am eyston Culéor:ud aryland Pund Mass [nvest Tr % E) T £ 019 B0 20 1 M4 31 SSRNSRGEU2TTRITAS 335 2 153 ERF SRR e 3333 . Co.— Common share earnings, 7 months | ended July 31, were 75 cents. ; | Cosden&Me pt (d) | Derby Oil&Ref pf._ | Detroit Gasket(1) Colon Develop Co Ltd (The) __ Colis PHA (1%) 284 | asis | 45 | 4 107 % Com'with Eo (4)_. Cc:m with & 8 war (,nmmunlty PL 1stpf__ - 1508 Compo Shoe Mach s t e(50c). Consol Aircraft._. Consol Cepper.. Consol Gas of Balto (3.60) Cons Gas of Balto plfA ) Cons Retail St Contl Gas & Elec prior pf (7) __ (‘mnloll (Mex) _ 1 % | | Cont Roll & Steel Foundry___ | Cooper Bessemer_ Cooper Bess pf A_ i Conper Range.. 46 T1544 2014 | “rane & Co._. Creole Pet (l25¢) Crocker Wheeler_. Croft Brewing i Crown Cent Pet_. Crown Cork Intl (A) (21) Crown Drug a20e. Crystal O1l Ref__. Cuban Tob vte Cuneo Press (2) _. Cusi Mex Mining.. } Darby Petr (50c)_. 256 113 ! Dayton Rubber __ : Derby Oil & R Detroit Gasket pf WW (1.20) __. Detroit Gray Iron Foundry (20¢) - Det Pap Prod t25¢ Det Stl Prod abfc.. Dictograph(alse) Distiliers Co Lid (a46 4-5¢) . Distilled Liquors._ Doehler Die- Casting (a50c)... Domin 8 & € (B) _. Dow Chem (2.40) . Draper C (12.40) _. Driver Harris(1). Duke Power (3)__ Duval Tex Sulph.. gle Pitch L 40e. o2 wiuduna Assoc pf (6) .. East'n Gas & Fuel prior pf (43%) _ Fastn States Pwr. kasin Sta Pw (A). Eastn Sta Pw (B). Easy Washing Mach (B) t60e Edison Bros(1.60) Klee Bond&Share_ Elec B &S of (). Elec BA&Shb pf (5). Electric Power Assoc Inc(aloc). Electric Power Assoc (A) alle. Elee Pwr & Lt 2d pf (A).__ Elec Sharehold pf ww (13) __ 1008 Elgin Nat W a75¢.100s Emp G&F 6% pf_. 2bs EmpG & E3$% pt_ 100w Em: S - 268 Eureka P L (4) European Electrio Lidbdrts.__ Evans Wall Lead_ Fafrchild Av new.. Fanny Farmer Candy (5oe) - Ferro-Enam Fidelio Brewery.. Fisk Rubber_ FlaP&Lopf- Ford Motor Ltd (a18 1-10c. Ford Motor (Can) A (afbe)- Massey Harris __. | Memphis N G a20e Merch&Mfr A alic Merritt Chap & S_ Mesabl Iron _____ Mich Bumper C'p_ Mich Gas & Of1 | Mich Steel P (1) . Middle States Petrol vte (A).. Middle States Petrol vte (B) __ Mid-West Abras Midland Rovalty conv pf (12) Midl'd St Prod(2) 3 Mining Co (Can)_. 4 Minn Min&M?(11) !ll Mock Judson V. Mohawk Hudson 18t Df (4).____ 1268 Molybdenum Corp 20 Mont Ward A (7). 1408 Moore Dist (t50¢) Mount Prod (60c). Mueller Brass 80c. Nachman Spring- 1008 Nat Auto Fib 113 Nat Bella Hess __ Nat Fuel Gas (1) Nat Investors Nat Invest wa Nat Leather at Oil Prod i60c- t Rubber Mach. at Steel Car Ltd at Transit (75c). | Nat Union Radio. ew Haven Clock. NJZine (12) ___. Newm't Min 11% _ N Y Auction. __ NY & Hond (1) 200- N Y Pw&Lt pf (§) 20s N Y Shipbidg__. N Y Steam_. Niag Hud Pwr__.. | Niagara Shares (Md) B (a10¢) Niles-Bem-P (a1). Nipissing (asc Noma Elee (as0c). North AmL&P_. North AmL&P pf. 100 Nor Cent Texbife & Nor Ind Pub Sve 7% oL (3%3)____ 10s Nor States Pwr A. 3 NovadelAg (3)___ i Ohla Brass(B) (1) 126s istpf (1%)____ Pac P&L bt (1) Pac Public Sve Pacific Public Sve 1st pf (385c) Pantepec Vil _. Penn Mex (b7sc) Pennroad (bz0e)_. Penn P& L (7)___ 2 Penp-rcu Mifg (6) 3008 oenix Seeu; Pu Bakeries 160c. 3 Pierce Gov (ale) 2 Pioneer Gold Mine Ltd (30c) 38 Pitney Bowes 40c. 7 Pittsb'gh Forging. 3 Pittsde L E 12% __150s Pittsb'gh PG(11). 1 Plough Ine (1.20). Potrero Sugar____ Powdrl & Alx 60c._. Pratt &Lambert @Ay Premier Gold t12¢ Pressed Met 1% _. Producers Royal_ Propper McCal(d) Prosperity Co (B) Pub S Colo pf (6)_ 108 Pub Svs Ind pf___ 50s Pub Svs [nd pr pf. 40s Puget Sound P& L ot (5)-_.350s Puget Sound Pwr Pyrene Mfg (40c). Quebec Power (1) 500s Ry&Lt Sec(a2e). 26» Rainbow Lum (B) & Raym'd Conerste_ 100s Raym'd Conerete 22 . Reiter-Foster. Revnolds Invest__ 1 2 E 1 Richm'd Radiator. 2 ola | g $620,305,000; loans and discounts, $661.969,000. compared with $649,449,- 000 and $613,240,000. J. P. Morgan & Co. | The September 30 statement of J. P. Morgan & Co. and Drexel & Co., Phil- | adelphia, showed total deposits of | $444,210,560, compared with $476,141.- 342 on June 30. Total assets were i $508,887.195, against $541,073,953. United States Government securities totaled $302,496,808, compared with $324,631.496. Manufacturers’ Trust. The statement of condition of Man- | ufacturers’ Trust Co. as of September | 30 shows deposits of $632,742,083, the | highest ever recorded by the bank and an increase of $19,000,000 over June 30 and $104,000,000 over September 30, 1935. Resources, too, are the largest | ever shown, the total being $742,372.- 513, compared with $721.544.494 three | months ago and $633,239,941 & year ago. Guaranty Trust. Guaranty Trust Co. of New Ye= | today reported undivided profits of $8.070,734 as of September 30, com- pared with $7.649.439 on June 30 and $6.598.517 & year ago. Deposits ad- | vanced to $1.619.256.428 on September | | 30, from $1.462,789,373 on September | | 30, 1935, | First National. 05 2% | effect to the setting aside of two quar- First National Bank of New York reported as of September 30 undivided | | profits of $8.192.854, compared with | | $10.750.568 on June 30, after giving terly dividends of $2.500,000 each pay- _able on October 1, 1936, and January | |2, 1937, | | PHONE STO.CK CALLED. NEW YORK, October 2 (#).—The | | Tri-State Telephone & Telegraph Co. | operating in Southern Minnesota and | controlled by the Northwestern Bell Tfltphone Co., has called for redemp- llnn December 1 its 6 per cent $10 | par value preferred stock. The last balance sheet showed $6.346.780 out- | standing. Stocks and Sales— Dividend Rate. Add 00. Roosevelt Fleld _ 1 | Root Pet'm(a2be). 11 Kossia Intl Corp.. 8 Royal Typewriter 2 Rustless Ir &8tl. 18 Safety Ch&L (14) 2008 St Regis Papes »78 St Regis Paper pf. 60s voiy | P(80c) 32 [ Mills (4) . 508 o335 Scranton Springs | B Water pf___ 58 9 9% | Segal Lock & H __. 3 3y I | Seiberling Rubber Selby Shoe (2) __. Selected indus prior pf (533) - Sent Saf Control | Reversky Alreraft | Shattuck Den Min Shawinigan Wat & Power (60c) Shenandoah pf 3 Sherwin-Will (4)_400 Singer Mfg Ltd rets (a28 4-be) . Smith-Corona Type v.tc ext (a25ec). Sonotone C(al0e). South’n Calif E4 of B (1%) Southl'd Roy 40c.. Spencer Chain Stores (60c) Square D pf A 2.20 Stand Oil Ky 1.45. | Stand O11 O a25c_. Stand Pwr & Lt Stand Prod (a2be) and SII&Ld a3c- 3 1% ' 874 L 9 (] 1008 O y 2 1 1 . Sterchi Bros 2d Dl | Sterling Br (a45c) Sterling Inc(ase). | Stetson (J B) .. Stroock&Co all; - 2008 | Stuts Motor. 2 Sullivan chhln. Sunray Oil (&3¢) . Sunray Oil cum pf 2%). 1 | Sunshine Min (2). 17 Swiss-Am Elec pf 400s Swiss Oil (40c)-.. 28 ‘ 10 Tasteyeast(Del)A Taylor Dist (b5e). Technicolor Ine. . Tech Hughes 140e Texas Gulf Prod. Texon Oil & L . ‘Thew Shovel Coal 1274 Tilo Roof (150e) . Trans-Lux Daylite Pic Sn (20€) ... Tri-Contl C war_. ‘Tubize Chatillion. Tubize Chatl (A)_ Tung-Sol Lamp n. Tung Sol Lamp pt (80¢) new ___ Twin Coach (40c) Union Gas of Cana (a22%e). Unit Corp war.... Unit Gas Corp..... Unit GasC war___ Unit Gas pf(31%) Unit Lt & Pw (A). Unit Lt & Pwpf__ Unit 8hoe M t3% . Unit Shoe Mach PL(1%) U 8 Finishing pf _. U 8 Foil(B) (60¢) . U 8 & Intl Secur__ 16% 125 4 k] 1 134 1194 119 74 578 8944 1% 19% 734 Unit Verde Ex (1) 8 Unit Wall Paper_. 11 Univ Prod (all).100s Utah Apex_______ 2 Utab P& L pf (12.91 2-3¢) . Utilities Pwr & Lt Util Pwr& Ltot__ Utility Equities__. Venesuela Mex O_. Waeo Aireraft ... Walker Mining___ Wayne Pump____. Went’ "h Mf1.20. tn Air Ex(n)_. W tern Auto Supply A (3).._ West'n Md pt_ ‘Western Tablet & Stat’ry vte (1) .. {of expendirure | Gent” ”{ ';S | currenei | @iscount. 4 per cent. ‘Williams O11-O- Youngstown Steel Door (aZ5c. Yukon Gold (a8c). Otvidend rates in quarterly or semi-ann: pusl rate—not ted dividends. LPIK last vear 4 1246 and 16.69 Times LeHers Above Are Initials for Menths—J for January, F for February, Etc. Earnings 1935 i Between 14.28and 39 28.38 Times Earnings 20 DJFMAMJJASOND 1936 4’&1, GOLD STOCKS SOAR TO ANOTHER PEAK Climb 59 Millions to Reach $10,845,000,000 Mark on September 30. By the Assoctated Press: ‘The Federal Reserve Board reported another new high in the level of gold | stocks was reached September 30. The weekly condition statement. of | Federal Reserve Banks showed mone- tary gold stock climbed $58,000,000 | during the week to $10,845.000.000. or | $1431,000,060 over the same week a year ago. Gold stocks have been rising steadily, but the increase for the week ended September 30 was larger than usual. | due to unsettled conditions in Prance prior to the franc devaluation move, | ‘The upturn in gold stocks, together with a $76.000,000 drop in Treasury | cash and deposits with Federal Re- serve Banks, were factors in a $132.- 000,000 increase in member bank re- serve balances. The Ilatter totaled $6,357,000.000 on September 30. or $1.133,000,000 over the same week a year ago. Money in circulation increased $27.- 000.000 to $6.266.000.000 during the week and stood $578.000,000 over the same week a year ago. The week's increase was attributable to regular month end wage payments, commit- | ment settlements and other buriness transactions. NEW YORK BANK STOCKS NEW YORK. October 2 ® —New York Security "esters ™ Asaoctation (Quotations as of 2 oclock.} Bid 321y Asked. | Bank of Man (1) M Private Estimates Of Corn Output For 1936 Boosted | Br the Associated Press. CHICAGO, October 2.—Prospects | of 1936 United States corn produc- tiop improved further in September. according to the private estimates of five Chicago crop experts released today. The average of these five estimates of indicated corn production as of | October 1 was 1472,000.000 bushels, an increase of 56,000,000 bushels over the average a month ago and 14,000,.- | 000 bushels greater than the latest | official forecast of the Government. DIVIDENDS ANNOUNCED NEW YORK. October -Dividends de- (t:lol’rrd ‘prepared by the S'Inflll’fl Statistics Iner z Pe- 8tock of Pav- | Ratg riod Emplovers Gr Asse NarWaieasic &80 ase 2z 10-10 10 record. able | 3] Benet Birtman Perfect Indus Elec circle = Piduciary Corp 111 Acew Bulova Waich $3 50 o pt 10-14 o Cons Car Heating Employers Gr_Assoc Highland Da 7% pf $1 Holepr! Hos A% pf 5oc Jones (J Eaw) Roy Tr Bt ctis ($100)__$1 14 Do. 30 Nat Wide Sec Tr | Rhode Isiana Pb § A First Natl (100 Guaranty Tr (12 reing Tr (.60) Manufacturers | Spiege] U.S. TREASURY POSITION. | 2 By the Associated Press Tb'." position of the Treasury on Seo- | . 393,213 © balance. cusioms receipts for e month, 3 olhe, Oscal vear i a0, 500 00 e iinctuding an #51.40' of emergency expenditures) St ate 8501 —.—— | REICHSBANK STATEMENT. BERLIN_ October 2 ( he Reichsbank stasement as of September 30 (in D_Au;u of rei otes in circulation. 4 - 856,000, 0 gold. #3066, ment. - ® 30 Ao of sold And loreitn to notes 1.5 per ceni; rate of NEW YORK PRODUCE. October 2 (. Eass. All mixed colors un- mery: Higher 'fi score! o i A 32233: cen- | t (90 score). 3% | Cheen 35.001: easy. Prlul unchanged. | Live poultry ' siesd wi - colored | freight: Chl(ltn‘-——fl“ nixed with Roc 7 ‘This snneuncement appears as a matter of record only and n offer to buy, or as a solicitation of an offer to buy, any of such securities. The ties for sale, or Woolson Spice Do, f;en-f Tndis Loan 3 Benef Indus L of A £ Birtman Elec Carman Co A Pub Serv of No 1l May Stern CHICAGO PRODUCE. CHICAGO. Otober 2 (P —Poultry. live . easy: hens 4’z pounds up, 18'; "han 4%2 ponnds. T Leghorn hens. i21,: Springs. 4 pounds up. Plymouth and White Rocks. 14'.: colored. 14: less_than 4 Plymouth Rock. 14%a: White 313, colored. 13: Plymouth and While Rock broilers. 16. colored. 15: b back chickens. 17; Leghorn chickens. 1° roasters, 14: Leghorn roosters, 13: Inrk!" 16219: old ducks 4'> pounds up. uck. old geese, 13; 11.996. unsettled: prices un- 4.090, sieady: extra firsts, i15: fresh graded firsts. Z car: v current Teceipts, 241 rr'nltru:r Siandards, 25%; refrigerator extras, Fotatoe: : total United ks. Russei Burbanks. comi Colorado Red McClures. 0. fair auality showing es. Nebraska Bliss Triumphs. U._S. No. nr"qunmy l"aUW“COl\lln Cobblers, 9. commercial. 1.50: Michigan Cobblers ' U. 0. 1. showini Minnesoia Cobblers. U. S No. Early Ohios. unclassified. 1.25. MONTREAL SILVER. ONTREAL_ October @ (. Siiver f opened sieady. unchanged 1o ber, T March 44.55b; b, b—Blie RUBBER FUTURES. NEW YORK. Ociober 3, b rubber. futnres opened 3 lower et 1 Digher Tl 30 Maren, ay. b—Bi to Decembe 18.52; 18 58b. 1. | U DROP IN SECURITY OFFERINGS SHOWN' | Sharp Decline Gives Dealers an Opportunity to Clear Shelves of Recent Issues. | By the Associated Press. | ended October 1 gave bond dealers an opportunity to clear shelves of re- cent large offerings, investment cir- cles said today. In the week ended Thursday tho total dropped to $30,153,265 fiom $100,008,826 the previous week and | compared with $139,601,000 in the like | week last year, a special survey by Poor’s Publishing Co. revealed. Municipal bond offerings increased however, to $20,734,250 from $19.495.- 165 in the preceding week, and com- | pared with $49,629,000 in the corre- | | sponding period of 1935. Public utility issues were down to $1,116,500 from 344,050,000 a week o | 8g0. and compared with $88,172,000 in the similar week last year. | Equities which came to market | ! dropped to $7,237,515 from $14.563.661 iast week, and compared with $1,800,- 000 last year. Miscellaneous securities totaled $1.- 065,000, compared with $1,500.000 in the preceding week. None :ame out in the like week of 1935, .- FOREIGN EXCHANGES. NEW YORK. October 2 (# —Foreign #x- | change irregular; Great Brit | athers in_cents or: 22.03: Tinland. 219 %: Spain, unquoted: ¥ Pnr- 135, or 28.1 per cent, compared with a year ago, and an increase of 160« | 986, or 24.9 per cent, compared with two years ago. This week's loadings of various | classifications, giving comparisons | with preceding week, and correspond. ‘ ing week a year ago, follow: This week Last wesk Year age | Miscellaneous 513 . 63.440 ss than car- | Grain” and | products | Western dis | tricts | Livestock Western dis-~ l tricts Porest products ‘ ane - NEW PAPER MILL TO COST $7,000,000 | NEW YORK, October 2.—A sharp | | drop in new security issues in the week | Subsidiary of Mead Corp. Formed to Manufacture High-Grade Paper in Georgia. | By the Ascociated Press BRUNSWICK, Ga.. October 2.—Fs- teblishment of the first unit of the | Brunswick Pulp & Paper Co., a sub- sidiary of the Mead Corp. of Chilli- | cothe, Ohio. was announced here by | Allen W. Macbeth, vice president and treasurer of the Mead concern. Incorporation papers for the new concern were filed yesterday. It is understood that the mill. the first unit of which will consist of pulp | making and bleaching divisions, will represent an investment of approxis | mately $7.000.000 when completed | The Brunswick plant will be the first in the South to manufacture | high-grade paper, including that for books and stationery. Heretofore the operations, with Southern pine, have been used for Kraft papers for bags ANa Wrapping purposes only. GENERAL G. & E. PLANS LIQUIDATION OF DEBT ! By the Associated Press NEW YORK, October 2.—General Gas & Electric Corp. has informed . | stockholders of a plan to liquidate vir- | tually all its debt, which, it says, would | improve the position of public hold- ; *en of its preferred stock ha 220 78: Mexico in New Vork, 100 01 treal, 99.98 Lz M & ST L SEEKS }'UNDS Co-receivers of the Minneapolis & | St. Louis Railroad Co. asked the In- | | terstate Commerce Commission today for authority to issue $1,008.000 of re- iroivem’ certificates of indebtedness. proceeds from which will be used to retire a similar indebtedness. York in Mon- The plan; worked out with the roe 1, operation of Assqriated Gas & Elec- tric Corp., holder of nearly all of the | indebtedness, is to be voted on Oc- | tober 27. It provides for a new issue of $5 | prior preferred stock exchangeable for existing preferred stocks. NEW YORK BAR SILVER NEW YORK. October 2 (£ .—Bar | silver steady and unchanged at 443, LOANS ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable morithly. No charge for appraisal f loan is not made. balance Interest charged only on unpaid of principal. EourrasLe Co-orEraTive B UILDING ASSOCIATION 915 F STREET N.W. Organised 1879 under no circumstances te be construed as an offering of these securi- ing is made only by the ; the prospectus does not constitute an offering by the Company of the Principal Underwriters to sell the securities in any state to any person to whom it is unlawful for the Company or the Principal Underwriters to make such offer in such state. (‘NIW ISSUBR 110,000 Shares American Chain Company, Inc. 5% Cumulative Convertible Preferred Stock Ooptu of the prospectus m several Principal Underwriters respect of the securities te which the prospectus re. severally agreed to purchase subject to are set hrfh in the prospectus. Goldman, Sachs & Co. Riter &.Co. Kidder, Peabody & Co. October 2, 1936 (Par value $1 Price $100 Amon; the conditions 00 per share) Per Share specified i) g such Principal Underwriters are: Hemphill, Noyes @& Co. Parrish Hayden, Stone & Co. Cassatt & Co. Imcerporated & Co. ay be obtained from any of the undersigned, The names of the (as defined in the Federal Securities Act of 1933 as amended) in relates, and the ameounts which they have in the Underwriting Agreement W. C. Langley & Co. F. S. Moseley & Co. Hincks Bros. & Co., Inc.