Evening Star Newspaper, October 4, 1936, Page 67

_RAILROAD BONDS FIN LEAD IN UPTURN Demand Emphasizes Need of Institutions for Funds Outlet. By the Associated Press. NEW YORK, October 3.—In the busiest Saturday session since Febru- ery 8, the bond market moved higher today with rail issues clicking off good gains. ‘Turnover for all bonds totaled $11,- 254,000, par value, with the domestic corporate list accounting for more than $10,000,000; foreigns, $780,000, and governments, $330,000. Last Sat- urday the aggregate was $9,185,000. Demand for rail loans emphasized the need of insurance and banking institutions for outlets for accumu- lated idle capital. These large-scale investors are said to be finding it in- creasingly difficult to plug up holes left in their portfolios by redemptions of high and medium coupon honds. The rise in carloadings for the latest week to the best level since 1930 was said to have encouraged buying of low and medium-priced carrier liens. New tops for the year were estab- lished by some Erie, Nickel Plate, Bouthern Railway and New York Cen- tral bonds. Notable headway was shown by New Orleans, Texas & Mex- ico 5!3s at 53, up 3: Missouri Pacific 5s “F” at 442, up 23;: Ann Arbor 4s at 76, up 4, and St. Paul 5s at 23%, up 1. The Associated Press averages for 20 rails moved further into new high ground for the year, gaining 3 of a point to 97.5. The average of 10 util- ity bonds equaled its high at 103, up .1 of a point. The industrial and low yield groups held unchanged and the | Joreign gained a bit. | Gains in the United States Govern- ment section extended to 5/32 of a point. There were several minor set- backs. CHICAGO GRAIN By the Associated Press. CHICAGO, October 3.—Two cents a | bushel soaring of wheat at Liverpool did much to impart strength today to wheat values here. A stimulating factor in Liwerpool, cables said, was word of hot winds | causing crop damage to wheat in Aus- | tralia. Special mention was made of injury done in the large wheat pro- ducing province of New South Wales. At $1.15 for December wheat in Chi- cago, however, selling increased, and | something of a setback took place. July contracts, representing the 1937 domestic wheat harvest, proved to be | the most vulnerable to selling and| soon weakened to 98%; cents, as against 99!, cents touched earlier. | Grlm range at principal markets toda Wheat— High. Low ‘Win DelOc 1 100 x 083 Liv'pool.Oc Winfoee N6.1701 170 Dec. whi Close. ~ Pr. close. | 2 11 170% 1685 =% Min'polis Kans. City ; tracts. 043415 .98-90‘ | 280 S ssis Winnipes_ aiv i % . e?‘o Cl.lll MnieL Cash wheat, No. 2 red, 1.18; No. 2 hard, 121%: No. 2 mixed, 1.17%; eorn, No. 1 yellow, 1.08-1.08%;; No. 24 yellow, 1.0812-9; No. 3 yellow, 1.0612; No. 4 yellow, 1.05; No. 5 yellow, 1.0412; No. 4 white, new, 1.05; sample | grade, 99-1.01: oats, No. 1 white, | 45%-451;; No. 2 white, 45; No. 2 white, | lake billing, 443 : No. 3 white, 4314; | No. 4 white, 40%,-42; sample grade, | 41; ye; soy beans, No. 2 yellow, barley feed, 70-85 nom.; | malting, 1.12-1.47 nom. NEW YORK BANK STOCKS NEW YORK. October 3 (#.—New York | Becurity Dealers Association. T Tr YO Bk of Man (1'a) Bankers Tr (2) ‘ommercial (8) 1 ntBkkTrllm 2 20 | t Bos) First Natl (100) Guaranty Tr (1 Irving Tr (.60) Manufacturers’ Tr (2)_ Manufacturers Tr pf Natl city (1) N Y Trust (5) blie (1% > = E‘!le G & COMMODITY PRICES NEW YORK. October 3.—The Atsoc!l(ed | Press weighied whol ind 85 comm Previous day. month ago R0 AA: Rane of recent years: o a3 ehek TRt “11928 avel Miscellaneous Markets. Additional New York markets as com- piled by the Associated Press: CRUDE RUBBER_Futures closed steady, 3 Disner: sales. No. I standar Becimber. 10450 Narch, 1667, Bmoked ribbed. Spot. R HIDES_Putures closed steady. 2 5 phisher: “December. 11.70b; March, X 5, 36,000 pounds, SOC0A Flitures. ciosed Aem, 7 _to 9 g{::her, December, 7.46n; Jnmnrv 7.81n; 7.82n; lells 1005 arch, 7.62n: I ptember, 7.88. tona Wl Ilelfly RI ' No. Bantos afly. Coast and {l’ellht omm;- nnnludeé ‘Sanitos Bourbon 3s_and Rio futures closed firm, sale 25!1 l_?ecemhtlr 5 iy, bfl. !evumber. Bantos futures rm, 10 to 12 hi hfl'. ll]el. 19.750; De- cember, 870n: March, 8.70n; May. 8.70; 8.68; September. 8.60n. b—Bid. n—Nominal CORPORATE EARNINGS. NEW YORK. O"Ob:J 3 (®.—Corporate earnings reports issued during the week, showing profits per share. in Year Ended June 30. Asriculturag 1228 1935 nid *3.23 *$2.60 Six Months Ended July 31. Montgomery Ward & Co-... 1.40 Seven Months Ended July 31. Tide Water Associsted Ol Year Ended July 31. Distillers’ Corp.-Seagrams_. 2.41 Year August 31. .80 “+ 5.08 48 ,4.60 McGill Weekly (lfl"fl- éfifi' Resiiinesetamt: S25ISI2RRTLEE All commodities Industrials NS & ive stock _ Building material emicals e 00: - H_ £ 38z ee83teney; ai on-ferrous met per Texti H:.u coarse”. olls ___ SR e AsmaEassoison o DRI~ Ds DR | trade continuved to buy, prices yielded | port was issued during the morning | Marcn | May _ 1.06- | or n-"‘,a .»39- =8 ANCIAL. Banker Lauded CHARLES H. DOING, President of the District Bankers’ Association last year, has been presented with a framed parchment praising his work for the association and containing the signatures of the officers associated with him. He is first vice president of the Washington Loan & Trust Co. The presentation was made by this year’s presi- dent, Karl W. Corby. NEW YORK COTTON BY the Associated Press. NEW YORK, Octcber 3.—Continued | active trade demand was supplied by increased hedging and week end liquidation in cotton today with prices working gradually lower. December closed at 11.99 with the general market barely steady at net declines of 6 to 8 points. The opening was barely steady, off 3 to 6 points in response to relatively easy Liverpool cables, reports of favor- able weather in the South and over- night hedging orders. Initial offers were readily taken and prices went up a few points after the call, but met more active hedging. While the gradually under the pressure. Closing quotations were at the low- est of the day showing net losses of about 28 to 30 points as compared with the high prices touched Septeme ber 30. A private end-September crop re- pluclng the indicated yield at 11,331,- 1000 bales and ginnings prior to Octo- | ber 1 at 6,032,198. The amount of cotton on ship- board awaiting clearance at the end | of the week was estimated at 120,000 bales against 68,000 last year. The range follows: High. Low October _ 12. December January July Epot au. Ppopdn>Y 325323 Cottonseed Oil. Bleachable cottonseed oil was steady | today in sympathy with lard and on Southern buying in March and May. There was less hedging in these posi- | tions. Final prices were unchanged | to 3 points higher on sales of 15 con- Bleachable spot nominal; | October closed 9.95, December 10.10, | January 10.13, March 10.22, May 10.25. New Qrieans Prices. NEW ORLEANS. Oc 3 () —Cotto futures closed stesdy P et® declines of B Open, Hish, Low Close January Maren Cottonseed oll closed steady. ime Summer _yellow, cme nominal. October. 0. w Decemlm 63b; January 9.68b; March, 9.75b: Ma¥, 9.78b. b—Bid. INSURANCE E STOCKS NEW YORK, October 3 (#.—New York Security Dealers” Association: Bid. Asked. Aetna Cas (2a) _ 10 Aetna Ins (1 Aeina Life (.6i0a Equit (1a) Ins Newark ('2) )] Glen Falls (1.60) _ | Globe & Rep ) Hartford Fire (2 Home Fire Sec Home Ins ( Homestead ( St Paul Fire Soringfleld 44».-) = un_ Life s Rise extrs oF == CHICAGO I.IVE IVE STOCK. CHICAGO, October 3 (# (United Department of Agriculture).—FHoss including 2,000 direct. ~Not enou resentative weights and grades a fo cstanlish basis of quotations: few mixe nd merely good lots and sows nominally steady: top. 10.50. nominal shippers took none; estimated holdover 1,000; compared a week ag bounds up. 25 0 higher: 170 pounds, 10 to 25 higher: 140 down, oteads 26 58 lower: sows 35 10 50_higher Cattle, 1,000: calves, 100. Compared Friday last' week, big-weleht ‘steers 25 to 35 lower; medium weights. 25 o 35 d long vearlings steady to 15 baby beet tybe yeariings. includms hellerl and mixed offerings, steads to 25 hi largely fed steer run; shipper desmand broad, however. and even big-welght ateers rly last week: closin nther Shaky, however. but seneray Sood: fed steers scaling 1.307 wunfll “Teached 10.50. & new high for this eight: yearlings' and medium weights aise mpnefl at 10.50: 1.500-pound average, 9.75, and 1.529 pounds, 9.65: very liberal Supply fed steers and nmmu 250 up- ward; Western grass anout 13,000 igher; u) d hel(erl. ‘higher, but vealers lncludln: 5:500 direct; for day. rects, Com ared Pfldly last week, llt llmhl 25 to 50 lower: ased sheep and feeding e little changed. ~although aged slaughter Somewhat "stronger 't midweek: week's lamb 9.85 early: l:lulini tor R top, bulk native snd" fed killers, 8.0080.50, Some 'a gholce’ 95-pound Symmi cnians. o so0d to eholee Fed Weste 'ool lnmbl 9.00: scattes yearlings, 7.00a8.! 50 nothm( choice here: slsunter ewes. B.0083.50; week's o, 3.85; teeding lambs. 6.00 28.60. aceording to some thin lightweight off 8 e Price Indices 100) o!_e t. . 1033, 61.0 Oct. . 1935, 78.2 Jan. 1936. 4.8 72.7 segt. Oct. 28. 2 1936. 1936. 76.6 ak Do a3s P - P e v R BRI DD Fa2ama22R23y 4 SIRSEBIBEIRLTI Povettufiarakiden agasamassoraay primta daatma i an soanaes1s 33;:3?'?3.-9-9.3.27?9 Lot oty PWNWA N DD D st THE SUNDAY STAR, WASHINGTON D. C, OCTOBER 4, 1936—PART FIVE. FINANCIAL. SUMMARY OF BONDS ON THE NEW YORK STOCK EXCHANGE WEEK ENDING SATURDAY, OCTOBER 3, 1936, U. 8. GOVERNMENT BONDS. TREASUR ¥ BONDS. 1936 High. Low. 10420 10031 2%5 1945-47 ... 1017 2%s1945-47 reg.. 1017 23%s1948-51. 10023 2 100 30 100 10229 102 20 103 5 103 24 103 19 108 5 108 24 105 12 10712 104 6 38 1951- Sre‘._.. 318 1946-49 3% 1949-52 3%z 1941 31,5 1941 reg. 38 1944-46 31,8 1944-46 reg_ 338 40-43 June 335 41-43 March 3%s8'41-43 Mreg. 33;81943-47. 338 1946-56 431944-54 48 1944-54 reg 4%8-3%s 4345 4%m1947-52 11828 41,8 1947-52 reg.. 118 26 101 16 100 30 102 16 105 30 104 25 104 24 106 24 106 10 178 31 108 28 1082 108 14 108 108 4 1091 108 29 109 2 1128 11329 113 29 108 11 11827 11826 Low. Close. chu. High. 10420 1047 10420 +8 Fld b eras LT T Y Y | oo 08 088 109 1 108 29 1098 11211 1144 11329 108 17 1192 118 26 TEELE 104 Lkkae Bbha FEDERAL FARM MORTGAGE BONDS. 1037 104 15 1045 106 14 10015 2% s 1942-47 . 10120 381947 10220 3%s 1964 - . 10227 10220 10227 10410 1042 10410 103 26 103 13 103 26 104 28 104 23 104 27 [ EEYS S HOME OWNERS' LOAN BONDS. 1027 1026 10329 9917 23,8 1942-44 _ 4916 2%51939-49. 10017 381952 .. FOREIGN BONDS. 1936 . Low. 40% Abitibi P& P 58 b3 96% Akershus 58 63 . 7% Antiquia 5 945 Argentine 975 Argentine 9745 Argentine 975 Argentine 6s 9713 Argentine 6s 9715 Argentine 6s 97% Argentine 63 60 Sept. 97% Argentine 63 101% 97% Argentine 6s 103% 9% Australia 4%s 56 109% 104% Australia bs ‘55 109% 104% Australia 6s ‘57 100 90% Austrian 7s ‘57 109% 101% Belgium 6s 110 105 Belgium 6 118% 109 Belgium 109% 105% Belgium 7s ‘56 328 23% Berlin City £l 6%s'51.. 30 224 Berlin City E1 634859 __ 30 221 Brazil 6348 1926-567.___. 29% 22 BrllefiV.llQZ'l-S'l 37% 27% Brazil 8s'41 Buenos A %n-i%s 67% 57% _ '76 Aug (Pr) Buenos A 414s-4%s 10138, 1011y 102 1017% 1013 66% T0% 2% 1011; 961 Canada 2%s” 103% 99% Canada 338’61 112% 105% Canada 48 60_____. 116% 111% Canada §s 52._. 183 Chile 62 '60 __ 13% Chile 6s ‘61 Jan 13% Chile 6s ‘€1 Febr.. 13% Chile 6s ‘61 Sept i ‘63 11% Chilean Mun L 7s 60.___ 19 Cologne 614850 19 Colombiu 6561 Jan 19 Colombia 63 61 881 Copenhagen 4%s S 9213 Copenhagen bs ‘b2 96 Copenhlgnl Tel b 23 Costa Rica 78’51 A_ 37% Cuba 6%s 45 10513 90 Czechoslovakia 8s T 100 93% Denmark 4%s 62 - 1021 100's Denmark 5%s ‘55 10615 104% Denmark 6s 43_. 190 144 French7s'49 _ 183 140 French 7%s '¢1. 39% 28 German Bank 6s'38 ___ 86% 27% Ger C A Bk 63 '60 July 36 27 GerC Ag Bk 6s 60 Oct_. 27% Ger Con Ag 6%s ‘68 22% German §%s ‘65 29% German Rep 7849 60% Italy 78 51_ 53 ItalyCrd PW7e 1B 51% ltaly P U Credit 7= "52._ 78 Japan 5%s ‘66 91% Japan 6%s°54 - 42% Kreug&Toll & 50 Milan6%s 105% 1004 New Sou Wal 105% 101 185 1131 Nord Rwys 6148 °50 104% 100% Norway 5s 63 108 99% Norway Hy El 6%s'57- 82 721 Orient Dev 5%s'58 .. 86% 7814 Oment 6s°'53 104 100% Oslo 6s '55_ 15114 102% Paris Orl Ry 5%s 34y, 6013 454 29% 39% 874 83 7 Prussia Prussia 6%s ‘51 Queensland 6s 47 Queensland 7s 41 « Rhinelbe Union 7s°46. Rhine Ruhr 63 '51 Rhine West Rome 6%s ‘62 Sao Paulo State 7s'40. Silesia Prov 78 '8 Tajwan El 6%8 71 Tokio 5% 8 "61 ‘Tokio Elec Lt 335 59% 1% 334 89 Unit St] Wks 6861 A. Uruguay 6s 60 Warsaw 78 ‘68 Westphalia El P 6 Yokohama 6s ‘61 DOMESTIC BONDS. 1936 High. Low. 100 87 96% 78 88% 48y 671 36% 174 1181 831 6613 117% 110% 106% 101% 134% 1084 119% 109% 110% 105% 114 110% 114% 110% 115 112% 153 107% 51% 3215 106% 993 105% 103% 99 94% 118% 1043 113% 104% 116% 110% 114 109 Alleghany Co 68 44 Alleghanv Co bs 49.... Alleghany Co 68 '60 Alleghany C'p & Allis-Chalmer: Am & For Pw Am | G Chem 6%s 49 Am Internat 6%s 49.. Am Roll Mill 4%s ¢ Am Tel & Tel 4%s 39 q Am Tel & Tel 538 43 Am Type Found 50 new. Anaconda Cop 4% Armour & Co 4% Armour of Del & A T&S Fead) s 48 Atlantic C L 1st 48 ‘63 AtiapticC L 4 %» u 1081 102% 83 61% 114% 108% 95 6 100 109% 103% Bangor & Aroos 122 119 Bell Tel (Pa) 130% 125 Bell Tel (Pa) 106% 102% Bethlehem Steel ¢% 8 ‘60 105 93% 71% Boston & Main 86% 115 109 Bklyn Union EI 105% 104 Bkiyn Un Gas 94% 654 Buff R& Poon ¢ 48% Bush Term cons 117% 110% Canada Nat R 4 % 117% 110% Canada Natl 43 1161 108% Canada Natl 4349 ‘6% . July 122 116 Canada Natl bs 129 122% Canada Nor db 638’48 157 115% Chesapeake Corp W 161% 93. 125% 1244 ll“t + 126% 118% Ches & Ohio gn 4% lm 100% 118% 109% Ches & Ohio 438°93 A_. 100% “lk 10:“ Ches & Ol'h‘l:l 1 Chi Alton High. Low - 10129 10118 10129 . 10131 101 16 101 30 10320 1035 10318 . Close. > ). - R R U A FEEREESELFL FEFER HELELH 8 PESERE 17‘|A.+ 10% % ul 1054 1243 113 105% 110% 1% 113% 149 504 1064 104'% 088, 1% 1% 116 110% 108 96% FU1+ 204044 ER2L FERERG Bhis rF 25 IE2NE ERS} c;lo& we e REELES 22255 -u 109% L [ 106 | 100 High. Low. Close. cnn llfi% 1070- Chi B&Q gen ds'68 . 116% 114 106% Chi B&Q ¢%8'77 B 114 17% Chi M 8t P&P 68 76 16 Chi& N W 41482037 16 Chi& N W 41482037 C.. 10% Chi & N W 4% 849 42 Chi& N W 6%s'36 _ 15 ChiR1&Pref s 34 % 156% Chi R 1& P4%8'62 .. 11% 7 ChiR1& Pisté%s’60 _ 112 108% Chi Union Station ¢s'63. 105% 99% Chi& W Indcn 4s'62 _. 86% 73 Childs & Co deb 5543 103% 100% Chile Copper db bs '47 __ 98 78% CCC&B(LCK.“"E_ 103% 8 CCC/ StLbs’'63D 104% 95 Clev UnTerm 4%4s°77 109% 100% Clev Un Term 6s'73 B__ 112 105% Clev Un Term 6%s "12A 100 981 Col Fuel & Ir 86% 81 Colo Fuel &I 5s 80% 106% ColG& E b8 62 May ... 1055, Col G & E bs 61 - 62 2% Cons Coal of Del 58 °60._. 109% 105% 61 49% 65% 531 1041, 100% 90% T84 102% 98 38 30 20% 13% 20% 13 31% 23 110% 108 29% 12% 105% 99% 93% 91y au 13 12% 106% 98 Cuba North 5%s ‘42 Cumberland T&T 6s ‘37- Del & Hudson rf 48 '43 De) & Hudson 6% ! Den & R G con 4s Den& RG W b 55 Den & Rio G 68 ‘55 Den& RG W rf bs ‘7 Det Edison ref bs 52 East Cuba Sug 7%s'37. Erie con 4596 _ Erfe gen 4s Erie ref 6 Erie ref F Fla EC Ry 68’74 clfl GenCable5%s'47 . Gen Steel Cast 538 '49. Goodrich 6s 45 % Goodrich 6%s 47 _ Goodyear Rubber b Gould Coup 68 '40 Great Nor Ry 4s '46 G_. Great Nor Ry 4s 46 H Grt Nor R rf 4% Great Nor 4%s Great Nor gn 5% Hudson Coal 68 62 . _ Hudson & Man adj 55’57 Hudson & Man rf 58 '57_ 105% 1083 Inter Rap Tran 6s ‘32 Inter Rap Trancv 7s ‘32 Inter R 7832 ctts. inter Gr Nor ad) . Inter Hydro El 68’44 __ Inter Mer Marine 6s '41. Inter Paper 6847 A . Inter Tel & Tel 415839 Inter Tel & Tel 4%s '52 4 Inter Tel & Tel 55 Kan City South 3s 50 City South s '50 Kan City Ter 1st 45 60... Kan Gas & Bl 4135 '30 Kendall 5%s 48 ww ___. Laclede 5%s 60 D _ Lautaro Nitrate 6s ‘54 Lehigh Val con 4s 2003 _ Liggett & Mvers 5351 Loew's 313846 _ Long Island ref 4 Lorillard(P)7s ‘44 Louisiana & Ark 5s Louisvil 109% 10715 104% 102% Tlly B8Y% 103 100 110% 108 105% 101% 101% 3285 76 591 30% 104 2% 27 27% 2T% 27 T4 IOGh 102% 104% 102 8013 6415 35% 21 3% 334 McKesson & R 6%s '50. Man Ry N Y con 4590 _. Market St Ry 7840 A__ Met Edison 433 '68 Mil E] R&L 1st rf bs ‘61 Mil El R&L gn rf bs ‘71 M St P&S S M con 4s'38 Mo Kan & Tex 1st 45 '90 Mo Kan & Tex 6562 A Mo Kan & Tex ad) bs ‘67 Mo Pacific gen 4s ‘75 ___. Mo Pacific rf 65 '65 A Mo Pacitic 68 *77 F . Mo Pacific 53 °78 G- ce... Mo Pacific 58 '80 H_.___ Mo Pacific 65 '81 1 Mo Pacific 6%s 49 A___ Montana Power 58 43_. Morris & Co 4%# 39 Morris & Es 33%s 2000.. Morris & Es 4%s '55 73% 57% Nassau El cn gtd 4 106 103 Nat Dist Prod 43%s 107% 103% Nat Steel 65 108% 105% Jers P& L 4%s'60 00 OriPS6s'52 A Central con 45 '98 Cent ref 448 2013 Cent rf 43482013 n. Centrf5s2013 ___ Cent conv 6s 44 __ 1&St L 43878 _ C&SIL rf 5% 874 A h| & StL 6s 38 __ 120'\ 109 3% 378 2614 408, no0Zz2zZ72 35 ailways inc 63 '65. Niag Sh Md 5%s '50_ Norf & W 1st cn 4s'96._. 107% 103% - 105% 1023 107 101% 106 103 85 T4% 11215 104% 103% 93 109% 99% 12 107 106 103 107 104% 108% 105 104 100% 1047 100% 104% 101 99 904 1111 105% 111% 105% 114 109 106 99y 12144 1153 107% 105% 1154% 106% 107 103% lo!l/a 103% 37 32\6 15% 8Os, 66% 41% 274 108 91w 102 964 108 105% North Am Ed North Am Ed North Am E4 § North Pacific North Pacifie North St P 1st & North St P 1st 6 = Oreg Wash RR&N 4s'61 Otis Steel 1st 68 41 A Pacific Gas & E] bs 43 _. Pacific T&T 1st 6837 Penn Dixie Cmt 6s 41 Penn R R4%s 81 D.. Penn RR4%s 84 B Penn R R gen 4348 '65__ Penn R R ¢%8'70 D Penn R R gen 6s ‘68 Penn Pw & Lt ¢ %s ‘81 Peoples GL&C rf bs "47. Philadelphia Co b8 ‘67 __ Phila ElecCo 48°'71 __ Phila& RC & Ir 673 Phila&Read C&1 63 ¢ Port Gen Elec 4% Postal Tel & Ca b8 53 _. Purity Bak 5s 48 Republic Stl gen 4145'50 Republic Steel 5148 54 Richfield Oil 6s '44 ctfs RIArk& L 1st 4% St L1 M&S R&G 4833 Seab All Fla 65'55 cfsA_ 844 Shell Union 3%8°51. .. lfllh 106% South Bell T&1 lll 1064 So Pac San Fr T 4 794 83 Southern Ry gen ¢s 'u 4 19% "M‘ 924 Southern Ry 68 '94 lgg% 100% 125 1067 100% 101 1078 105 Swift & Co 1st 3% s 50 100% 74% Tenn Central 102 94 Tenn El Pw 68 47 A 87% Texarkana m.'o 100% Texas Corp ev 22% Third Ave adj in 6i }lfi% 111% Union Paecifio 113% 114 116% 112% 23% THh 4 105% + % | 107 +1% 100 + % 110% -1% 124%+10% 5 114% ~ % 114 + % 116% + % 112% + % 24% + % 43% +1% 8% + W 23% +1% 28% - % 22% — % + + :F FEFSES ¥ FEFEF 274 42% 105% + % 93w + W 91 42 90% +1% 12% 12 105% 91 104% — u 108 + &% 104% 155 + %] +3% | +20% 120 +1 108 — 4% 114% + % 115% + | +1 m:;zfl l%u 91% Utah Pw & Lt 68 ¢4 ... Utl] Power 68 '49 ww... 78 G‘ Util Power 6%s 47 96% 85% Varadium cv bs 41 1067% 103% Va Railway 3%8°'66 A 35% Wabash 4%s 78 104% Wabash 1st b Wabash 2nd Wabash bs ‘76 Wabash 58 '80 D.aeeee Wabash 5%s 75 Walworth 4s '55 Warner Bros cv 98% (Continued From Page 2.) 1936 High. Low. Dividend Rat 72 40% Smith (A O) 28% 21 Snider Packing 17 12% Socony-Vac O (50c) T% 3% So Am G & P(a20c). 35 26 South Port S (+2) _ 160 150 So Porto R S pf (8). 3215 25 South Cal Ed (1%). 4615 231; Southern Pacific ... 24% 12% Southern Railway_. Southern Ry pf . So Ry M&Oetfs (4) 1 Spalding (A G) ... 3 Spalding(AG)1st pf 708 Spang Chal pf $8%. 100s Sparks-Withington 422 Spear &Co ... 30 Spencer Kell (1.60). 7 Sperry C'p vte (a1) 210 Spicer Mfg -x 27 Spicer Mfg pf (3) __ x 1708 Splegel-May-8 (3). 47 Spiegel-M-S pf 6% Square D(B)a62%c Stand Brands (80c) "x Stand Brands pf(7) 4 Stand Com Tobacco Stand Gas & El (d) ¢ Stand G&E $4 pf (d) Stand G&E $6 pf(d) Stand G&E $7 pf (d) Stand Inv Corp __. Stand O of Cal (t1). Stand Of) of Ind 1. Stand Ofl of Kans__ Stand Ofl of N J (t1 Starrett(L S)t1.40_ Sterling Prod (3.80) Sterling Secur (A). Bales— 52 22 393 4 26 208 170 418 340 55 11% 112 9% 26'4 3634 824 — u | 95% + Y| 8414 1% | S5% + % | 54 42 | MY + % 92 ~1 | 125 + % | 664 +8% | 73 +1 | 9% + & KT8 +3% | 751 <3 | 79% +2% | 91 9914 428 10813 1031 4+ W 103%a — FEEE FEREFT o+ o 23 s 333 11+ 1 FEEFEEPFER ; ERFEIFEEr (AR TSR IR 1+ R EEFEFE ¥ - e EFEFEPFFEES FELFIPFEEF LR TR 5 8 A Sl S R T - % 95% +1% BY + U 95 + % 95% + W 9% +1% 106% + W +1 L+ FEER FEFEaE + + + | 117 Sterling Secur pf Stew-Warner t50c.. Stone & Webster __ Sun Of1 (1) _ Sun Oil pf (6) Superheater (80c)_ Superior O11 Surerior Steel Sutherlad Pap +1.60 SweetsCoof Am _. Swift & Co (1) Swift Intl Ltd (2) Symington (d) 7» Symington A (d) _. Telautograph (60c) Tennessee Corp .. Texas Corp'n (11) . Texas Gulf Sul (2). Texas & Pac R R Tex Pac C & O a25c Tex Pac Land Trust s Thatcher (1) Thatcher pf (3.60) . The Fair Thermoid Co Z Third Avenue Third Nat Inval.1§ Thomp'n(JR)(50¢) Thomp'n Prod aé0c Thompson Starrett Thompson Star pf .. Tide W Asso O 60c_ Tide Wat A O pf(6) Tide Water Ofl a1l Timken Detroit(t1) Timken Roll B (12) Transamerica t40c Trans & Westn Air Transue &W (160c) . Tri-Cont Corp a2ic Tri-Contl C pf (6) Tri-Contl pf(6)cald Truax-Tra Coal Truscon Steel 20th Cent Fox (a1) 20th Cent Fpf1%._ TwinCity RT Twin City R T of.. Ulen & Co Und-Ell-Fisher (l) Union Bag&Pap (2) Union Carb&C 2.80. Union Oil of Cal «1) Union Pacific (6).. Union Pacific pf (4) Unton Tank C 1.20. United Atrcraft United Air Line vte United Am Bosch - United Bisc (1.60)_ United Bise pf (7). United Carbon (3) .. Unit-Carr Fast (2). United Corp United Corp pf (3) United Drug (a50c) Utd uyawood (a1 United Dyew pf (7) 4 United Elec Coal 2% 381 1% 20% N% 10814 100 904 318, 22% 32% 20% 21 291 281y 1614 32 High. Low. Close. cnn 105% 104% 104% 70 - 96% 106% Add 00. High. Low. Close.Cnge. 101 1265 High. Low. Close. Chlt. 3 10 2% 96 954 96 + % 103% 102% 103% +1% 108% 108 108 + W 38% 37 38 + W 108% 108% 108% 104% 104% 104% 107% 106% 106% + % 108% 108 1081 102 101% 101% — ¥ 103% 102% 103% — 14 132% 126% 132 +3% 103% 102% 103% + % - + % 41% Warren Broscv 6s°41_.. 85 West Shore 1st 45 23 103% 96 Western Md 1st 43 '52__ 109 106 Western Md 6%s 77 _ 44 325% Western Pacific 58'46 A 109% 103 W rn Union 4%s '50. 107 104% W Union b 107% 103% W 109 104 We 102 99 104 99% Wiison & Co s 134% 105% Youngstn S&T ng- 51 104 98% Youngst'n S&T 4s'61__. 67% 65% 664 68 70 96 964 1936 High. Low. Dividend Rate. 4815 32% Unit Eng & F (2). 85\ 66'% United Fruit (3). 19% 14% United Gas Imp (1) 113% 109 United G Imp pt (5) 12% 6% Un'ted Paperb'd(d) 5 2 U S Distributing.__. 2! U 8 Distributing pf 1190s lali US & For'n Secur . 2 S&ForS1st (6). Freight (1) Gypsum (2) Hoftman Hoffman pf 2%. Indus Alcohol_. Leather vte Leather A vte_. Leath pr pf vte Pipe & Fy(1%) x 119 Realty & Imp. Rubber - Rubber 1st pf Smelting (al10) x Sm&R pf (3%) x 7 8 Steel Eus U S Steel pf (4). U § Tobacco pf (7). United Stores (A) _. Unit Stores pf ($3). Univ Leaf Tob (t3) Univ Leaf T pf (8). Univ Plct 1stpf __. Util Pwr & Lt (A)_. Vadsco S: Baler— Add 00. High. 23 48'3 43 78Y% 269 15% 5111 Net Low. Close.Chge. 46% 48 +1% % 1% +1% 15% 16% + % 109% 111 -1 10% + % 2% + % Net 564 +5% 21 - % 14% + % 4% — % 30 +1% 155 +2 4 31% +1% 46Y% +24% 24% +1% 43% +2% 54 + % 9% — % 6% +1 106% 8% 26% 33% 22 28% 49% 87 107 36 15% 126% 10 Tl 23% 51% - 60Y% 2% 364% 101% +11% 17 +1% 54 <2 361 +1t ®-% 1% -1 “1 +3% + % +1 + % -1 +34% ~1i +14 - % - % + 3% sl‘s coacccaecgagaaa 8 78 s s s 8 s Kl 8 8 8 ] IS s a 19 20s 75 36 15% 10% 8t 24'% 5314 61% 2%, 36% 384 27% 62% 39 16% 481 28% 116 110% 48% 40 8% 4% | a8% 285 114% 109 131% 114% [ 8 10 4% 2y 5 D Van Razite (a1%)_ Van Ral 1st pf (7). Vick Chem (12) _ Va-Car Chemical Va-Car Chem 6% pf Va El-& Pwr pf (6) Virginia Ry pf (6). Vulcan Detin (a4).. Wabash (d) __ Wabash pt A ( Wabash pf B (d) Waldorf Sys 11.20 Waigreen Co (2) Walgreen pf (63%)._ Walker (H) (2) Walker (H) pf (1). Walworth Co._.. Ward Baking A.. Ward Baking B ___ Ward Baking pf $3. Warner Bros Pict Warner Bros pic pf. Warner-Quin (d)-- Warren Bros _____ Warren Bros cv pf Warren Fdy&P(11) “ aukesha Mot (1). ter Eisenlohr. on O&S(150c). Wesson O&S pf (4). st Pa Elec A (7) 116 1113 1241 11638 12 23% West Pa Pwr pf (6) 120s West Pa Pwr pf (7) 12208 Western Maryland. 44 Western Md 2d pf.. 15 Western Pacific. b Western Pacificpf. 38 West'n Union (a2)_ 118 AB(1) x 247 169 Weston El 1 (a25c). Weston Elec A (2)_ Westvaco Ch t40c.. Westvaco 5%pf 1% Wheeling Steel - Wheeling Stl pf $2. White Motor _ White Rk M 8(1.40) White Sewing Mch. White Sew Mch pf.. Wilcox O1l & Ga: Wilson & Co (50(:) - Wilson & Co pf (6) Woolworth (2.40)__ Worthington Pump Worth Pumppf A.. Worth Pump pf B Wright Aero . Wrigley W ir (13)_ 33% Yale & Towne (60c) 8% Yellow Truck. 831 Yellow Truck pf 42% Young Spr&Ww (13) 26 41% Youngs'tn Sheet&T 234 122 105 Ygstn S&T pf(53;). 1 40% 11' Zenith Radio 157 9% 5% Zonite Products 40 Dividend rates as given in the above tabl Payments based on the latest quarterly or half- s Unit of trading less than 100 shares. tAnnual rate—not : Accumulated dividends. a Paid this year. d Companies reported in receivership or being xEx dividend. 134 664 — 1§ 41% 41t 20% + % 148 +54% 51% +2% 828 +3%a 116% — & 40% +1% ™ e the annual cash arly declarations, reorganized MONTREAL SILVER. closed o sales ch. 44 6! steady. tures un eGlogine bids December Bisher. Small non-speculative real estate syn- dicate now forming, to operate in in- vestment property. Twenty $1,000.00 units available. Write for prospectus. Address Box 488—H, Star office. Money for C:::rl:fiol Loans Loans on Improved Properties 5Y2% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER Suceessor to the Business of JAMES F SHEA 643 Indiana Ave. N.W. INVESTMENT OPPORTUNITY Limited offering stock now available in established firm with national market. Con- tracts now in force indicate substantial appreciation in value. Products being used in commercial and governmental work and carrying highest type of approval. For further information, address Box 231-K, Star Office. WHAT FRANC DEVALUATION MEANS TO STOCKS This_important matter is discussed in the October 7 Financial World. Every invester should benefit by reading i lowing: ‘A Heavy Industry Stock Group,” “Com- mon Stocks With 5% Yield,” “Tech- nical Position of the Market,” “An Undervalued Mail Order Issue,” “Opportunities in Participating Pre- ferreds” and 8 revised “Stock Facto- graphs.” RETURN “AD” AND $1 for the next 4 issues of The inancial World, our latest “Independent Appraisals of (1,300) Listed Stocks,” revised “Stock Factographs” and 6 special analyses of great value to investors at this time. MONTREAL. October 3 i —Silver fu- | | Investments o, First M 5'/2 /o Real En:::' Notes Secured by new dwellings in N.W. section of Washington. Bradley, Beall & Howard: Tnc. . Established Nearly 40 Years Southern Blds. Tyler & Rutherford, Inc. 1520 K St. N.W. National 0475 Loan Correspondent Mutus) Benefit Life Insurance Co. MASSACHUSETTS INVESTORS’ TRUST Prospectus Will Be Sent on Request. A. S. Gouvrnex & Co., INc. Woodward Blds. %% MONEY AVAILABLE For Construction Loans and Loans on Improved Properti in the District of Columbia. Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 LAWYERS! OYEZ! Some busy lawyer in Washington needs an exceptionally capable secretary. Member D. C. bar with eight years secretarial experience wants to lo- cate in active law office where ability and training can be utilized. Natl. 2000. T e TS INDEPENDENCE FUND DECLARATIONS OF TRUST Empire Trust Company, Trustes New York City A Living Trust Fund Prospectus on request Slauson, White & Rowe, Inc. 305-10 Peoples Life Ins. Bidg. Nat'l 6631 Washington, D. C. Highest References. Address BOX 455-J, Star Office 423 Calvert Building Phone: CAlvert 1433. nu;tmoro M. WHAT TRUST FUNDS WANT In the way of investment our - FIRST MORTGAGES offer. Interest that is liberal in amount and fixed in rate, to- gether with the ample security of- fered by improved real estate. B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N. Forty Years of Experience First Mortgage Investments MORTG GAGE L OANS