Evening Star Newspaper, October 4, 1937, Page 19

FINANCIAL. CURB LIST EASES LATEIN SESSION Few Issues Retain Gains, but General Market Moves Down. By the Associated Press. NEW YORK, October 4—The curb market went into the final hour to-| day, with issues sagging fractions to around 2 points in light dealings. A few stocks managed to hold early gains, and in some cases even extend them, but on the whole the list was easier. Aluminum Co. was off around 2 at one time and Pittsburgh Plate Glass was down & point. Lower also were St. Regis Paper, Sherwin Williams, Amer- iean Gas & Electric, Cord Corp., Elec- tric Bond & Share, Gulf Oil and Mc- Williams Dredging. Countering the trend for a gain of nearly 2 points was Pan-American Airways. Fractions to a point higher were United Gas, Northern States Power “A” American Light & Trac- tion, Creole Petroleum, Great Atlan- tic & Pacific Tea Co.. International | Petroleum and Lake Shore Mines. CURB BONDS DOMESTIC BONDS. 1065 10 1045 . 104% 1¢ Comw Sh Comun'ty Con By private wire direct o the Séas. Stock and Sales— Dividend Rate. Add 00. I:I”Ih Acme W vic (28) 508 Ainsworth (.75g 3 Air Inv war Alum Co pf (6) - Alum Goods .75g Alum Ind (.40) . Am Alrlines Am Beverage Am Box B'd 1.20_ Am Centrifugal A CP&L ww 2% h Am Cyan B (.60) Am G & E1(1.40) Am G & E pf (6). Am Gen Am L&T(1.20a) Am Maracaibo__. Am Sup Power Angostura (.30g) Ark NatGas _. Ark Nat Gas pf_. Ark Nat Gas A Art Met Wks(.80) Ashld O&R(.40) - A5G & Fl ASG&EIA_ AsG & El pf AsG&El war ___ At Cst Fish(.35g) Atlas Corp war . Austin Silver M Automat Prod Avery&Sons .60g Axton Fis A Babcock &Wil(4) Baldwin Lo war_ Barium Sta St1 ._ Bath 1 W(6%1) __ Beaunit M 1.30g Berk&Gay rFurn _ BirdshoroSF.50g Bliss B W Bliss & Laugh 2a 100; Blue Ridge (.15g) Bourjols _ Braz T&L (.90g)- Breeze Corp Brewster Aero BridgptMch .75 Brown Co nf Bro'n F&W 1.05g Brown F Dist BN&EPnf 1.60 Bnk H1 & S(114) 2 508 1 3508 1 | Burry Bise (%g) 1 Cab& Wirea _. Cab & Wire B _ Can Mare Wire | Cap City Pr(.458) Carib Syn (.. Carnation (1) Carnegie Met. Carrier Corp Casco Pr (2%§g) . Catalin Am Celluloid h) . #| Cen HG&E(.80)._ Cen St El | Cen StEI 6% Df Centrif Pi (.40) Chi Flex Shft (4) Chi Riv & M.Tég | Chief Cons Gatineau Gen Pub_Ut Georgia Pw | Col Fuel&l war | Comwith Edis 11 nterst P S 5 Interst P 8 4 | Cons St@el Corp. | Cont Roll & s11 _ | Cooper-Bess | Copper Range | Claude Neon Lt | Cleve Tract { Cons Cop Min | Cosden Petro pf .. Childs pf Cities Service Auto St 45g Club Al Uten Colon Develop Colum O & G Comlth & So war Consol Biscuit _ Con G&E B(32.60) Cons Gas Utfl _ Cons Ret Strs Cook P&V (.60a)_. Cord Corp Cosden Petro Creole Pet (.50g) 'y ll2‘/. l\ZKn 15 Low. Close. | Nat Un Rad 40 ll 40 ll IB‘A 16'& 29‘/1 27"\ 110% llfl‘n 110% | ' 15% 1% 1% 4 A T % 15% 1w 1 4% 4y s A% 10 4 1ia % 11 T 15% 1% s 4% 4% T 4 101 4% 1% % 1n * 5% 1% K 38 107 21 | Scovill Mfg 136 g | THE EVENING STAR, NEW YORK CURB MARKET Stock and Sales— Dividend Rate. Add 00. High. Low. Natl Tunnel & M. 1 2% 2 2y 1 1% 1% 1% 108112 112 112 1 17T% 1% 17% 1508 75 T4 T4 10s 92 92 92 10s 100 100 100 12 10 9h 9% 2008 80% 80w 804 2 4% 4% Un 2 2 Bl 2 45 2215 “ 15 50s 73 73 13 1109% 109% 109% 108 109 109% 10915 2! 2% 2% 25% Olose. NET&T (4% 1) N H Clock (13%) . N J Zino (22) NY P&Lt pf (6) NY P&Lt pf (1) Niag Hud Pow Niag Hud 1p£(5) Niles-B-P (13%%) Nipissing M .37g Noma El (.40%) Nor Am Lt&Pow Nor Am L&P pf No Am Ray A 2g. Nor Europ 01l Nor St P A N Ind PSpf 3.75k Ohlo Ol pf (6) _ Ohto Pow pf ( Oldetyme Dist Pan Am A 25gn_ Pantepec Of) Penn-Mex F .50 __ Pennroad (e) PaP& Lt pf (6). Pa Salt (5%g) __. Prepperell (6a) PhoenixSec(%a) Pierce Gov (.60) Pioneer G1d(.40) 35 3 Pitney-Bow (.40) 5 | Pitts& LE(414g) Pitts Pl Gl(5%g) Polaris Mining Powdrell&A 558 Premier Gld 12a 2 oo P'S Colo pf (7) Pug S P $5pf6 14k Pug Sd P $6 pf Rainbow Lum A Red Bank Ofl ___ Reiter-Fost _ Reybarn Inc .10g. Roosevelt Fd Root Pet (14g)._. Rustless | & S Ryerson& H __ 3 Saf CH&Lt 6135. 105 St Anth Gold . St Regis Pap Schiff Co (2) 1% 415 10%y 2% 101 Seranton L, 1.80g 3 7 | Scr SBWS $6'pf 24 Seral Lock 1ta Select Industries i Selec Ind al et 51y 871, Sel Ind pr pf 5% 86 35 | Seversky Alrc 2% 2 Shattuck Denn - 117 Sherwin-Wms 4a 200 106'5 Sherw-Wms pf 6 106 hrevep't Bl stp . Sonotone (10g) - Soss Mfz (15) Penn Ofl 1% Southl'd Roy .40 Span & Gen Ltd Std C&Scvpf 1,60 StOil Ky (1a) St Oil Ohfo (1) St Pow & Lt - Stand Prod (1) _. 5 5 A Sterl'g Al pf.75g_ Sterl Ine (.20a)__ Stroock & Co2 Stutz Mo Am (r)_ Sullivan Mach .. Sunray Drug .80 Sunray Oil .15g Taggart - Taylor (K) Dist Technicolor 50; Texon Oi] (.60) Tilo Roof (1) Tob Pr Exp .15 Todd Ship (2) Transwest Ofl Tri-Cont war 1061, | 10614 | 1061 106" 125 | 140 | | Tubize Chatiilon_ Tung-Sol Lamp Ulen&Co 7% % pt Union G Can .60 Unit Corp war. Unit G Unit Gas war Unit Lt & Pow A Unit Shoe M 2%4a 2 Amer. Tel. & Tel ; Wash. Gas Li WASHINGTON, SLOWER PACE SET ATSTEEL PLANTS Institute Finds Operations Down 8.3 Points at 66.1 Per Cent. By the Assoclated Press. NEW YORK, October 4.~Operations in the steel industry for the current week declined 8.3 points to 66.1 per cent of capacity, compared with 74.4 per cent last week, the American Iron & Steel Institute estimated today. A month ago operations averaged 71.6 per cent while a year ago the rate was 75.3 per cent of capacity. The 8.3 points drop represented a decline of 11.2 per cent, the sharpest in some time, and carried operations to the lowest level since the week be- ginning April 6, 1936. The recession was attributed in steel circles in part to delay in the placing of orders by the automobile industry for 1938 models. It was also pointed out that normal Fall buying by the railroads has been deferred, in many instances, pending outcome of the | wage negotiations, concluded this past week end. Railroad buying also has been awaiting action of the Interstate Commerce Commission on petitions for upward revisions of freight rates. Washington Exchange SALES. Capital Traction 5s—$1,000 at 80, $1,000 at 80, $1,000 at 80. $1,000 at ! 80, $1,000 at 80, $1,000 at 80 Potomac Electric Power 67 at 113, Potomac Electric Power 5',% pfd.—1 at 1113, AFTER CALL. Washington Loan & Trust at 250 Washington Gas pfd.—10 at 997, 10 at 9975, 10 at 9974, Bid and Asked Prices. BONDS. PUBLIC UTILITY Co.—10 4138 Anacostia & Pol. i Ana. & Pot. G = & 8. T 51Va "5 Samita Tracton K. & b City & Suburban Georgelown Gas Ist s Pot. Elec. Pow. 31, Wash Gas G Wash. Ga Wash. Rwy. & Elec. 4 Z MISCELLANEOUS. Chevy Chase Club. 1st 41.s Col. Country Club 1st 41es W. M. Cold Storage 5s STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) *181% Capital Transit Co W. Steamboat () | Dot Blec “Fom gns »id_ (6 Po F1. Po. 5127 pf. 15,5 1'% 105 1 1 11218 Wash Gas pfd 10015 | Wash' Ry. & Ei. com Wash. Rv. & EI. pfd BANK AND TRUST COMPANY | Amer. Sec_& Trust Co. (ef) 3) Tone { Bank of Bethesda (h.75), ) Capital (4 Com. & Savings (#10) Liberty (5) pfd.—1| D. C, MONDAY, OCTOBER 4, 1937. FINANCIAL. Industrial Production in U. S. NOEX (1923-1925=100) 033 per Cent Amountin 3 15 Months Laste Note: Revised Index for 1920 21 ‘2 ‘23 ‘4 'S Based Upon an index of Total Production in the United States as Calculated by the Federal Reserve Board in 1933 to July, 1933— 67 per Cent in sonality and i Therefore Show Change in Business Irrespective % ‘7B D ‘0 U Luly, 1937, was 114 Aug Inderes in Other Yoors 1936—108 30— %0 1928—110 VARIETY CHAINS MAINTAIN GAINS Sales Continue to Climb, but Rising Costs Cut Into Profits. Spectal Dispatch to The Star. NEW YORK, October 4.—Sales trends of leading variety chains, so far this year, have pursued the upward trend in evidence during 1936, ac- cording to Poor's Industry and Invest- ment Surveys. Aggregate volume of 11 typical units totaled $580.219,000 for the seven months ended with July. This represented an increase of 7.5 per cent over volume reported for th corresponding 1936 months, During August, however, a let-up in retail buying cut into the rate of gain, and sales registered a slight drop. This unfavorable trend persisted until but since then, sales have turned up. “Rising labor and merchandise costs have been exerting adverse pres- sure generally on profit margins,” says the analysis. “Where a chain has enjoyed better than average sales gains, earning power has expanded. However, those units reporting but moderate increases suffered earningswise. “Thus, companies in a position' to | capitalize fully upon the profitable relatively advantageous position. Mean- while, the industry as a whole should, over the long term, be able to improve profit margins through the process of and replacing with popular goods that enjoy a higher mark-up. in volume have | high sales period ahead continue in a | weeding out slow moving merchandise | Bethlehem Steel Debentures to Be Placed on Market B) the Associated Press NEW YORK, October 4.—A public offering of about $46,000,000 of Beth- lehem Steel Corp. 15-year sinking fund 3', per cent convertible de- bentures will be made early this week, it was reported in Wall Street invest- ment circles It will embrace the unsubscribed portion of a $48.000,000 issue which the corporation offered recently to its j common stockho'ders. The subscrip- | tion rights expired on Qctober 1. Announcement was corporation that approximately $2,- 000,000 of the debentures had been subscribed tor by holders of the com- mon stock. The offering price was par. | Bethlehem brought out the de- bentures to provide funds for payment | of $10,000.000 bank loans of a sub- sidiary and to obtain additional work- ing capital for plant improvements and expansion, - EXECUTIVE PROMOTED. J. A. Schallenberg has been appointed assistant Pump & Machinery Corp. | served the corporation in | capacities for 20 years. He has various First Mortgage Money For i CONSTRUCTION made by the | NEW YORK, October 4 (Special).— | controller of Worthington | SEES BIG OPPORTUNITY Special Dispatch to The Star. YORK, Pa., October 4—"I can see ahead for young men who choose a career in the air conditioning field," declared W. 8. Shipley, president of welcoming address to college men who are taking the York course of training in air conditioning and refrigeration sales engineering. “You young men can carry the boundaries of this industry far be- yond anything yesterday's generation | dreamed of,” he said. 6.2 PER CENT CLIMB By the Associated Press |roads today estimated freight car loadings in the last quarter of 1937 would be 6.2 per cent ahead of last | year. Money for Construction Loans and Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat’l 0350 IN AIR CONDITIONING | no limit to the possibilities that lie | the York Ice Machinery Corp., in a| EXPECTED IN LOADINGS The Association of American Rail- | *¥%% A—19 COPPER BOOSTED Advance of 74 of a Cent Fol- lows Sharp Rise in Demand. By the Associated Press NEW YORK, October 4 —The price of domestic copper was advanced EA of a cent a pound today by cusmm smelters. At the new level of 12% cents the market was % of a cent a pound above the lowest price sat, last week in the custom smelter di- vision of the trade. Primary producers continued to quote 13 cents a pound. The only cut made by producers last week was a 1-cent drop from 14 cents on Mon- day. Gradual improvement in the mar= ket since posting of the 12-cent price by smelters was due, metal circles re- ported, to more active domestic buying and hardening in the export copper i price following several months of de= | clines. Last week's fall to 12 cents left the price at the lowest since January, when the quotations were being marked up rapidly under force of huge | buying for rearmaments. The mar- ket toppled after reaching a high of 17 cents in March. VISIBLE GRAIN SUPPLY. NEW YORK, October 4 (#)—The visible supply of American grain shows the following changes from last week (in bushels): Wheat increased | 251,000; corn increased 1,327,000; oats increased 217,000; rye decreased 13,000; barley derreued 425,000, OFFICE FURNITURE WE SELL,BUY OR EXCHANGE Chairs Steel Files | Desks Steel Cabinets Tables Safes BAUM’'S FURNITURE HOUSE 1416 Eye 8t. N.W. Phone NA. 2183 {| FIRST MORTGAGE MONEY | 5% INTEREST NO COMMISSIONS On Improved D. C. Property Monthly Payment Loans Straight Th:e)f Year Loans CORCORAN FIRE INS. CO. 604 Eleventh St. NNW. Crocker Wh | Croft Brewing Cr'n Cen Pet .10 Crystal Ol pt Cusi Mex Dennison Mf 1 pf Dejay Strs (.80) Det Gray Ir (.04) Det St Prod 1.50g Det Mich Stove _ Diveo Tw C(.40) Dom St & Coal DraperCp(2.40a) Dubilier (.15g) oalt B Duro Test (.40a)_ \» P'l?v' Ser 5t 'S0 B 2 2 22 Duval Tex - e s o : Mise #3s, | Bagle P Ld 30g York Rwr Co ? EastGas&F _ | Bast Sta Corp | Easy WM(B).75g | El Bond & Sh El BA&Sh pf (6) El Pow As (.15g) EIP As A (.158)- EIP&L war El PEL 2d pf A Electrol vte Equity Corp. . Evans Wallo Unit Spec (1.40) U 8 Foil (B) .50g | US Rub Recl . Unit Ver Ext 1g Unit Wall P .15g Univ Pict Univ Prod 1.50g Van Nor M T 1.60 Venezuela Petrol % Bak'g 1.20%. Wellington Oil _ Wentworth .2 West Alr Exp Weyenberg (80) Will 0-0-M .30 | Wil-L Caf pf (r)_ Wolverine Pt C _ Woolw Ltd .539% Nright Har 4va_ Ygstn StiDnew. 8 24 Yukon Gold .12g 5 2u 2 £ (b bankrupics o receivership or um: reorganized under the Bankrupicy Ae. er securities assumed by such companies Rates of dividends in the {oregoing tavie are annual disbursements base auarterly or semi-annual decia less otherwise nc peci dends are 0ot incinded 8 AlSo extra or extras. 1 Payabe in stock Lincoln (f6.25) Natl_Sav. & Tru: Pr Geories Bk, & Tr. Riggs ofd. (5) Riges pfd. (5) Washington (8) Wash. Loan & Trust (e8) “While variety chain stores have | LOANS 3 never been so seriously affected by chain store taxes as have units in the | grocery field, the rapidity with which | 2 such laws were passed during the last FIRE INSURANCE. few years was becoming alarming. | American (8) 105 . That such measures have reached a | ;orcnnnn H’“ , 110 peak is now indicated by several fac- Rational Unton (801 i tors. Foremost among these is an ap- TITLE INSURANCE. parent lessened enthusiasm on the| Columbia (501 part of legislators. Of nearly 100 new | Real Estate (6 chain tax bills presented to legislatures M'S“'UAAWOU“ 5o far this year, only five have veen {;;“;;l,n"',(;gn,,’.\.,‘,‘,'“‘,,‘ enacted into law. Chain stores have Lincoln Serv. com. 171 00) been waging intensive educational T e TR A campaigns awakening the consumers | Beonies L. 8t com. it1.00) 3 | to the fact that such taxes must auto- Boanes D Sl & - ? | matically be reflected in higher prices ‘5’“"‘"'3"’"“ 5) | Quite naturally an aroused body of Ter. Ref. & Wh. Corp, (3 . : A Wdwd. & Loth. com. (#1.50) consumers is the chains’ most potert Wdwd. & Loth. ofd. (7) weapon.” i *EX dividend. +Plus_extras ra._ h7idc extra 1937, 50) S 00 80 1 91 <3 1930 b et B 1 0 39 10 0 80 " T0 PURGHASE, BUILD OR REFINANCE Interest as Low as’ Ed =3 o o I\IPROVFD PROPERTY in the D.strict of Columbia Nearby Maryland and Virginia a 3 20) S Unit Lt & P his Onit Li & Pw. bl Ity 3 3u| 1% 15 N 231 Easy Monthly Payments as low as $7.50 per $1,000. No commissions or renewals. may be paid monthly. our economical loan plan. COLUMBIA BUILDING ASSOCIATION 716 11th Street Opposite Palais Royal 6 : Taxes Investigate 23‘4 o i3 . a¥ Wiihout war. nt Ne: Stamped £Negotiability impaired by maturity. 1Companies reported in eceivership. SHORT-TERM SECURITIES. Prompt Action B. F. SAUL CO. 925 i5th Street Natl. 2100 e20 extra f1':% 0c paid June NEW YORK BAR SILVER. NEW YORK, October 4 (P —Bar| e Pald iast year (Reported by Chas. D. Barney & Co.) offer. | Evans Wallow pf Bx-Cell-O (.60g). % Declared or paid so far ‘this vear. no regular rate. h or stock. INVESTING COMPANIES NEW YORK. October 4 (7. —New York silver steady and unchanged at 44% b Oas ¥ Accumulated dividend paid or declared_tais year w—With war- | rants xw Without warrants. war War- | Am Tel & Tel 5'ss 47 Auburn Auto Co 4° Bald Loco Works 5s Calif Pack Corp 5 Caro. Clinch & Ohio Hs '3 Ches & | Security Dealers Association (Noon ‘quotations.) Admin Fd 2nd _Inc Am Business Shrs : CORPORATION HEADS & & GET PAY INCREASES £t " Bn(k Indusiry Boston Fund Ine | Reports Indicate Salaries Jump | Twice as Fast as Those of Broad 8t Inv Bullock Fund Corporate Trust Corporate Trust A A Workers. By the Associated Press. Corporation reports indicated today salaries of top executives incremd‘ Corp Tr A A mod Corp Tr Aceum Ser twice as fast last year as ordinary workers. Corp Tr ‘Acc Mod Cumulative Tr Sh Depos Bk 8h N Y A" Depos Ins Shrs Depos Ins Shre Diversified Tr C The pay checks of 179 leading in- dustrialists and merchants jumped on the average 15.66 per cent, an analysis of reports to the Securities Commis- sion showed. The Labor Department reported workers in manufacturing | Dividend shre Eauity Corp 3 pf industries got an average boost of 8 per cent in 1936. Fidelity Fund Inc First Boston Corp Fiscal Fund Bk F 1 The list of executives included all of the corporation heads for whom 1935 and 1936 were available. They included $25,000-a-year men on up to the General Motors' $561,311 Alfred | P. Sloan, jr. Some of them got pay cuts, including a drop from $203,332 to $180,000 for Chairman Charles M. Schwab of Bethlehem Steel. The 179 men received $13,800,431 in their last fiscal year (mostly coincid- ing with the calendar year 1936, but several running up as far as May, 1937). In the previous year, the same men were paid $11,845,105, making the average raise $10,923 per man. ABITIBI BOND GROUP REVIEWS NEW DATA Special Dispetch to The Star NEW YORK, October 4—The Bond- holders’ Representative Committee of the Abitibi Power & Paper Co., Ltd.. is mailing & report to bondholders signed by J. P. Ripley, as chairman, discussing the reorganization plan sponsored by the committee in the |5 light of two months' additional fig- ures available since the plan was an- nounced in July and estimates of fu- ture earnings on the basis of various prices of newsprint and rates of out- put. The report answers criticisms of the 15 Representative Committee’s plan and concludes with the statement that “The Bondholders' Representative Committee maintains that the Abitibi bondholders should receive securities of a value approximating the amount of the bondholders’ claims, including accrued unpaid interest. - “The committee believes that this end can best be accomplished by issu- ing convertible securities as provided for in the plan to be voted ; at the 1137 41 104 s 104 Ferro En 1.50g Fidelio Brew Fisk Rub Ford M Can B (1) Fd M Ltd(.218g) Froedtert (1.35g) FroedtGevof1.20 Gen Alloys Gen Tels (1a) Glen Alden .25g . Godchaux Sug B Gegham vte 2.25g Grand Nat Films Gt A&P nv (fa)_. Gt Nor Pap(1a)_. Green T & D Groce Strts Oc 1 Guard Inv___ Gulf Oil (.758) - Hall Lamp(.30g). Hartf'd El (2%) - Hazeltine (3) .__ Hn D Strs(1.65g) Hecla Min (.708) Heyden Chem (2) Holling G1d(.65a) Horn&Hard(2) . Hud BM&S(%g) Humble Oil 13 g. Hygrade Fd _ 111 lowa Pow 11l lowa Pow pf 11l Ia P div ct InsCN Am(2a)_ Int Hyd-Elec pt_. Intl Pa&Pw Intl Pet (1%a Inter Rad (.85g. Inter Gtil B Intl Vitam (.50) . Inv Royalty .06 Jacobs Co (%g). Jeannette Gla __ Jer C P&L pf(1)_ Jones & Lau Stl Julian&Kok 1.75 1008 Kennedy's(.60g). 2 KgsCLtd pfB(7). 10s Kingston Pr(.40) Knott Corp .30g . Lake Sh M (4a) . Lakey F&M .158 _ Lehigh C&N(.30) Leonard Oil ... Lion Of] (1a) Locke St1C 11 Lockheed Atrc Long Is Lt Long Is L pf(1) Long I L pf B(6) Louls L&E(.40) Lynch Corp(3g) McWill's D 1.25g. Marton St Shov Massey Harrls Master Elec 1.60~ 4508 Mead John (3a) . 200s Mesabi fron . Mexico-Ohrio Ofl. Mich Bumper . _. MichG&O .. _. Mid St Pet A vte. Mid St Pet B vte_ Molybdenum Mon Loan A(.30). Moore (T) Dist_. Mount City Cop Mount Prod (.60) Murray Mfg .90g. Nat AuF'vte 1%g Nat Bellas Hess Nat City L1(% g) Nat Contain 15g P & Lt pf (6) Nat Rub Mch _. Nat Sug Ref (2). & dl R R of N J 58 ‘40 Milw & Nor R R 4'.s "2 Y. Chi & 8L L 6% notes ¥ Dock 55 I8 N Y Tel Co 4i5s Pac R R of Mo 4s enn-Dixie Cem enna R R 4s Rio Gr Western 4s '3 : erm R R As<o St L 4155 '3 Vanadium Corp 5s Vertientes Sugar Wabash Rwy 5s '3 S S DR R AR A KR A ONOR WA RN N 38 1 ar a9 1093, & ‘West Union Te 101 CHICAGO LIVE STOCK. CHICAGO. October 4 | Department of Agricultur, including 4.000 direct: markes 25 lower than Friday's average bulk k| goo 190 Fund Investors Inc_ Fund 8| Gen' Capital Corp - Gen Investors Tr Group Sec Agriculture Group Group Group Group Group Group Group Group Group Group Sec Steel Erolp Bec Tosaceo” Huron Holding Incorp Investors ' (United Stat Hogs, 15,0 Sec Chemical - Sec Foo : Sec Invest Shrs 51 most %ood packin Gear yimont food packing Kosher shipper nil_and Sec Petroleum R R Eauip “Gattte, > 2,500 butchers in Kast_stil on strike demand for New York practi cally general market ‘at standstill: no_strictly good and sold: killers talking at least through the list. with some bids as much as 1.00 down: beef cows off most: bulis showed similar downturn on_very uneven trade. with praciical top weizhty sausage offerings 6.35: vealers 50 lower at 11.00 d i( down: not enough a market . _including 2.500 direct: fat lambs opening. slow: few d indications fully 25 most natives bid !lr‘liy oids 1 WE ARE MAKING LOANS to Washinglon Pamdlies which require cash for home buying, 50 lower all e Kevaions Custodn Boa - Keystone Custodn B Keystone Custodn K lo Wa_dlu'ngtcn Birms which require credit for seasonal pur- chases, additional inventory and other modernization, unusual expenses or sound business uses. other worthwhile purposes. PHILADELPHIA PRODUCE. PHILADELPHIA. October 144 5-Cheese Longhorns. “round lots 20; single daisies, 1415-20, aqlite’ Foultry—Fow Making such loans to business houses and individuals is our business . . . one of our normal banking functions. Talk with us about your credit needs. Call at any office. AMERICAN SECURITY 2 AND TRUST COMPANY Quarterly Income 5 S B ' Pom Largest Capital and Surplus of any Washington Trust Company Plymouth Rocks, : Wh 8 mall and ordi- Leghorns, Springers, fancy. 19-20; ducks, fancy. White Muscovy, white, 16-17; fresh killed. in weight: = chickens, ©_old roosters. Long Island. taggy in. 18-18; Dressed Poultry—Fowls, xes. Lo Western 1815-1005 18-20. Wheat—No ©October delnery Butte A i Borsa, Spring duc) Main Office: FIFTEENTH STREET AND PENNSYLVANIA AVENUE Ted. Winter, garlicky, “1.08% CENTRAL BRANCH 7th and Massachuserts Ave., N. W. SOUTHWEST BRANCH Seventh and E Streets, S. W, NORTEWEST BRANCH 1140 Fifteenth Sereet, N. W. NORTHEAST BRANCH Supervised Shrs Eighth and H Streets, N. E. Trustee Stand Inv Trustee Stand Inv_ Trusteed Am Bk Trusteed Tndusthy Shrs- Welliagion " Fund 2030 cases: about steady: extras, 40;, brown, an mediums. extras or betier. Mzuper FeperaL Derosit INsurance CorroraTION '2-32'%; mediums, standards, Memper FeperaL Reserve System METAL MARKET. NEW YORK. October 4 0. »Conver i Sgctrolytic. mot port. FOREIGN MARKETS. NDON, October 4 —Stock prices closed nrevulery T toder's market. with gll-edsed securities showing & firm’ to Hew Vor nne. % Shes were SUDPOFLEd_ after. Carly aeciines. Zinc. steady: 6.50. Home rails were firm and trans-Atlantic hares remained quiet, UPARIS. Bourse closed with neavy tone the 1meger vortion of the lm showing losses. Rentes declined S centimes, Sues Canal was down 39 Mancs and bank of reacted almost 100 francs. Royal Duuch finished with & Eain of 35 -francs. . 2. fo.b, No. 2. f.ob “Buffalo. o'b. Alabama. 2000 Alumi: ) Der et 30,00 Antimany Quicksilver, 90.00. ~ Plai wolframite, ~ 27.00-30.00, coming meeting of Bondhol