Evening Star Newspaper, October 6, 1937, Page 19

FINANCIAL. CURB LIST TENDS T0 HIGHER LEVELS Many Steady to Fractions Ahead After Wide Early Decline. By the Associated Press. NEW YORK, October 6.—After a wide decline, rallying tendencies crop- ped out in the curb market today and as trading went into the final hour many shares were about even to frac- tions higher. Losses generally did not exceed a point. ¢ ‘Taking the recovery trail for minor gains were Northern States Power “A)” Lake Shore Mines and Amer- ican Gas & Electric. A few higher-priced stocks showed declines of around a point, including Sherwin-Williams and Pittsburgh Plate Glass. Fractionally lower, but improved from earlier levels were Gulf ©Oil, Aluminum Co., American Cyana- mid “B,” Standard Power & Light and McWilliams Dredging. Many popular issues, such as United Wall Paper, right Hargreaves, American Superpower, Cord Corp., Creole Petroleum, Electric Bond & Share and International Petroleum ‘were unchanged. . Copper Reduced To 121/4-Cent Mark As Buying Drops E3 the Assoclated Press. NEW YORK. October 6.—The price of domestic copper was reduced one- quarter cent a pound yesterday by cus- tom smelters. Falling back to 12!, cents a pound, the market yielded the one-quarter cent advance, announced yesterday. The reaction was attributed by metal circles to renewed weakness in the export markei and curtailment of domestic buying following Monday's boost. Primary producers were reported holding at 13 cents a pound, un- changed from early last week when they lowered the price 1 cent. The custom smelters made two cuts which lowered the market to 12 cents. But near the close of last week they lifted the price to 12! cents. CURB BONDS DOMESTIC BONDS. H 5 85 27 106% 10635 1063, 86 . R6 & 86 % 10474 104 9BLy 9814 1193, 119% 101 " 101 Gatineru Pw 6 Gen Bronze 6340 Pup Ut 8125 '56 Grocery Str_ 6 all (WF) 6s daho Pw_Co 11 Nortn, Util 47 a7 s 0915 9915 76" 76 78 100% 100% 100% 612 RAL, RE1L s BRG 458 R0 gY« Wit 4 1107 11072 11078 nn’.nn.n(m 801 1o 801, bt 10074 100% 041,04 9415 94% a3} ,Jns'z]ns Sou Cal Ed 3% '60- gou Cal E ’3’45“60 i 087 081, 081 55 258" 10314 15 103 %m-fi R 55 AZ yark B CoBs arh - FOREIGN BONDS. Col Agr M B 7s 46 8 Ger Con Mun 6s '47. n:nesver Py fl‘/:t‘ 49, 20 Ww—With warrant; —Wuho\n War- rants. nNew. 5t (sto)o—Stampe Negotiability impaired by mntum Companies reported in receivership, BRAZILIAN FUNDS READY. NEW YORK, October 6 (#).—Suf- ficient funds have been deposited with Ladenburg, Thalman & Co., special agent for State of Rio Grande de Sul 25-year 8 per cent sinking fund gold bonds, to pay 35 per cent of the face amount of coupons due October 1, amounting to $14 for each $40 coupon and $7 for each $20 coupon, it was snnounced. It was stated that no present provision has been made for the coupons due April 1, 1932, to Oc- fober 1, 1933, inclusive, but they should Lbe retained for future adjustment. —_— Refinery operations were further curtailed this week, runs to stills dropping to 3,400,000 barrels daily from_3,455,000 last week. L Stock and Bl)“— Dividend Rate. Add 00. High, Low. Cl Acme W vtc (28) 1008 AeroSup MfgB_. 8 Ainsworth(.75g). 2 Air Devices 1 Ala Pow pf (6)___ 108 Alum Co Am _ Alum Co pf (6) Alum Goods .75g. 1008 Am Afrlines Am Box Bd 1.20g. Am Centrifugal . Am Cit P&L(3h) A CP&L ww 2% h A C P&L B(.30g) Am Cynmid A .60 Am Cyan B (.60). Am Equit (.10g)_ Am & Fgn P war. AmFk&H (1a). Am G & E1(1.40)_ AmG & E pf (6). Am Gen « Am Gen $2 pf(2 Am Laun M .80a. Am L&T(1.20a)_. Am Mfg (3g) .. Am Maracaibo _. Am Meter 2.25g _ Am Seal Kap 20g Am Sup Power Angostura (.30g) Appal E1 P pf (7) Arctur Rad Tube Ark Nat Gas ___. Ark Nat Gas A _. Ark Nat Gas pf _ Art Met Wks(.80) Ashld O&R(.40) _ As El Ind(.364g). AsG & El ASG&EIA . ASG&Elpf.___. As G&El war____ At Cst Fish( ) Atl Coast L 2.25e. ]00! Atlas Corp war .. Austin Silver M. Automat Prod Auto V Ma(%a). Avery&Sons .60g. 2 Babcock & Wil(4) 200s Baldwin Lo war_ 25 Baldwin Rub .50a 3 Barl&SeelA(1.2 U)150l Bartum Sta St1 Bath 1 W(6%T)._. Bellanca Alrc Bell Airc - 9 Berk&Gay Furn. 10 Bickfords pf 2.50 100s BirdsboroSF.30g. 1 Blauners (1) BlissE W Bliss & Laugh 2: Rlue Ridge (. ) BI Rid cv nf(3h)_ Blumenthal (S)_. Bourjois __ Braz T&L (. Dflg). Breeze Corp Brewster Aero BridgptMch 758 Rright Star El B- Brill A Brillo Mfg (.80)_ Brown Co pf Bro'n F&W 1.05g Brown F Dist . Brown Rub(.60a) Buckeye PL(3g) BN&EP pf 1.60 Bnk HI& S(1%). Cab El Prvte __. Can Marc Wire _ 2 2 1 1 --. 253 10 50s | Cap City Pr(.60) = Cartb Syn (.50h)_ Carnegie Met____ Carrier Corp _ Carter (JW) .60g Catalin Am Celanese 1pf(7a) Cellulofd pf Cent ®h St (85g) CenP&Lpf Cen& Sw Ut . Centrif Pi (.40) .. Charis (1%) ___, Chi Flex Shft (4) 2 Childs pt ___. Cities Service Cit Serv pf City Auto St .45g. Claude Neon Lt.. Cleve Tract_ . _.. Clinchfield Coal .. Club Al Uten_ ... Colon Develop . _.. Colon Devlev pf. Col Fuel&! war__ ColtsPatF(14g). ColumO&G .. Comwlths Distr . Comwlth Edis 13§ Comlth & So war. Cons Cop Min . Con G&E B(2.60) Cons Gas Util __. Cons M&S 1.50g. Cons Ret Strs___. Cons Steel Corp . ContG&Eprpf(7) Cont Ol Mex ____. Cont Roll & Stl_.. Cooper-Bess ___. Copper Range CopperwdStl(2)._. Cord Corp . Cor&R pfA .4.50k Cosden Petro Cosd Pet pf .37%. Courtaulds .372g_ Creole Pet (.508)- Crocker Wh Darvy Pet (35) .. Dayton Rub = Dayton Rub A 4k Dejay Strs (.80).. Derby Oi1. . . ___ Det Gasket (1) __. DetG&Mpf(1.20). Det Gray Ir (.04). Det Mich Stove_.. Det Pap Pd (%) Det St Prod 1.502 Diam’d Shoe (2) . Divco Tw C(.40) . Dom St & Coal _. DraperCp(2.40a). Driver-Harr 1% _ Duro Test (.40a). Duval Tex.. - Eagle P Ld .30g.. EastGas& F Easy WM (B).75g Eisler El (3%f) _. El Bond & Sh_ El BA&Sh pf(6) _ El Pow As (.15g) E1P As A (.15g)- EIP&Lwar _ _ Blectrograph (1) Emp G&F 7% pf. Emp G&F 8% pf_ Equity Corp Evans Wallo _ -0 (.60%)- Fairchild Av A Falstaff Brew ... Fansteel Metal Fedders Mfg .85 Ferro En 1.50g . Fire As Phil lz)_ Fisk Rub . __ Fla P& Lt $7 pt_ 1505 Ford M Can A (1) Fda M Ltd(.213g). 1 Fox (P) Br (1a)_ FrasdtGavofi 20 1008 Gen Alloys - Gen E] Ltd .643g- Gen Firepr .85g Gen Invest _ Gen Rayon (A).. Gen Tele (1a) Georg Pow pf(6) Glen Alden .25g - Godchaux (A) 4s. Godchzx S of (7).. Goldfield Con Gorham vte 2.25g Grand Nat Films GrRap V (1) .__. Groc Str Prod Groc St rts Oc 15. Gulf Oil (.758) --. Hall Lamp(.30g)- Haloid (1) Hartman T Harvard Brew Hat Corp(B).80g- Hazeltine (3) __. Hecla Min (.708). Helena Rubin._... Hoe(R)&Co A Holling Gld(.658) - CCI=TST Y YT Y 5105 39 3% 10 1% 59 17008108 111 82 120% 157 144 13 120% 120% 15% 13 . 107e 107 6% 274 204 15 32 1% 29'% 51y 1 4'% 6% 27% 21 15 32 1% 29% (1] 1 4% 103'% 103% % 4'x 4% T 93 4% 11% i) 1% 9% & 5 36 1% 3 464 22 19 1% 1t 11% 1% 1% 36% 7 3% 2 40% 7 2819 9% s 2% 28 9% T e 4% T 9% 228 19'% 14 5% 11% 1% 1% 391y 3% 104% 104% 28 THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, OCTOBER 6, 1937. NEW YORK CURB MARKET Bypflnu'lnllml.llou. Stock and Dividend Rate, d Holophane L'lox_ Holt (H) A .30k_. . High, !o' Close. 2 17 16% 17 1 Horn&Hard(2) . 475. Hubbell (H) .30g- Hud BM&S(%g). Humble Oil 1%¢g. Hummel RF .40g. Hygrade Fa -- Hygrade 8 2.75g- 111 lowa Pow pf. 111 1a P div et 111 Zine (.75g) Imp Oil Can .50a_ Im Tob Br 1.207g. Ind Ter 111 A Ind Pipe L (.80g) Indus Finan pf _ InsCN Am(za). Int Cig Ma 1%g. Int Holding . o Int Hyd-Elec pf_. Intl Pa&Pw war. Intl Pet (1%4a) Inter Prod - Inter Rad (.85g). Inter Utl) B Intl Utilities pf__ Inters Hos(2) . Inters Pw Del pf. Inv Royalty .06a. Ir Fire vtc (1.20) Irv Air Ch (1) [tal Superpwr A Jacobs Co (%g). Jeannette Gla Jer C P&L pf(6). Jer C P&L pf (7). Jonas & N (.158) Jones & Lau Stl.. Ken Rad T(%g) . Kingsbury Brew. Kingston Pr(.40) Kirby Pet B Kirkld LGM .09g. Koppers Co pf(6) Kreug Brew 1%g Lake Sh M (4a) . Lakey F&M .15g. Lefcourt Real Lefcourt Real pf. Lehigh C&N(.30) Leonard Oil Lion O11 (1a) Lit Bros Locke StI C 1%g. Lockheed Alre .. Lone St G(.40g) . Long s Lt Long Is L pf(7) .. Louts L&E(.40) _. Lynch Corp(3g) . MeWill's D 1.25g. Mangel Strs Maj Rad & T Mass Util Asso Massey Harris _ Master Elec 1.60_ Mead John (3a) .. Memph N G .30%. Mer & Mf A(.60)_ Merritt-C & S Merritt-C-S wars Mesabi Iron Mich Bumper. Mich G & O Mid St Pet B vtc. Midwest Abr Midwest Oil Midwest P S Mining Corp ¢ Minn M&M 1.50g Mock J Voch .45 Molybdenum Mngrm Pictures. Mont Ward A(7). Moore (T) Dist.. Mount City Cop . Mount Prod (.60) Mt St T&T (8) __ Murray Mf{g .90g. Nach Sprg (1%) . Nat AuFvtc 1% 5. Nat Bellas Hess Nat City L1(%g). Nat Contain .75g. Nat Fael G (1) . Nat P & Lt pf (6) Nat Rub Mch __ at Sug Ref (2)_ Nat Trans (.45g). Natl Tunnel & M. ehi Corp (2g) Nelson (H) - N H Clock (1%) - N J Zine (2a) Mex & Ariz ewmont (2% g) Y HonR 2.77%8 Y Mer (.80a) _ Y P&Lt pt (7) .. N Y Trans (.40g) Niag Hud Pow . Niag Hud B war_ Niag Hud 1pf(5). NeShMdB(.15g) - iles-B-P (1%g&) Nipissing M .37g. Noma El (.40g) .. Nor Am Lt&Pow. Nor Am L&P pf No Am Ray A 2g. No Am Ray B 2g._ T Europ Oil.__ NorStPA . ___ Novadel-Ag (2)_. Ohio Pow pf (6) - Okla Nat Gas pf_ ONGevpf (6)_. Pac Gas 1st 1.50_. PacPS1pf130 . Pan Am Air(.25g) Pantepec Ofl _ Paramount Mot __ ParkbgR&R 80g. Pender Gro (B) ... Pennroad (%e)._. Pa P&Lt pf (7). Pa Salt (5%g) .. Pepperell (6a) _. Pharis T & R .60 Phila Co (.80g) . PhoenixSec(%a). Tierce Gov (.60) . Pioneer G1d(.40). Pitney-Bow (.40). Pitts Forg __ Pitts&LE(4%R) . Pitts Metallu 1a_ Pitts P1 G1(6%g) Pleas Val W .15g. Plough Inc(.80c). Polaris Mining. Potrero Sugar Powdrell&A 5':( Premier Gld .12a. Prosperity B ___ Prov Gas (.80) Pruden Inv PSInd$6pf . Pug S P $5pf6%k Pug Sd P $6 pt. Pyrene (.40g) . Quak Oats pf (6) Quebec Pow (1) Ry & Lt Sec .30g. Rainbow Lum A_ Red Bank O11 Reed Ro Bit .80a. Relter-Fost - Reybarn Ine.10g. Reynolds Inv Richmond Rad... Rome Cable. Root Pet (48— N N a S W R RSB D e o S @ 3 E s & o 3 M e OO0 0O IO D M e R e D IS @ e i 50 1 1S O e SO 10 S - 3 S 2 S - 2 258 508 5 10 . 15 P 1% 103 4 !03 9 9 9 49% 4% s 15% % el 22% 31 11% 8 32y 9 6% 135 2 6% 5% 5% 135'5 135% 13% 134 S 200 T 18 30 1415 13% 19 9 0s 136 136 136 s 1Y 13 ! 14% 14% 14% B % % 5% nl 619 29% % 55 29% % 4 10 Royal Typ 4.75g._. 6501 Rustless 1 & B... St Regis Pap_... Schiff Co (2) ... Scovill Mfg 1%g- Segal Lock - Seiberling Rub _ Select Industries Selec Ind alct 5% Sel Ind pr pf 6% Seversky Alre ... Shattuck Denn__. Shaw W&P(.80) - Sherwin-Wms ¢a Simmons H&P .. Simplic Pat.50g. Singer Mfg (6a). Singer Ltd .286g - Solar Mfg (.20g)- Sonotone (10g) -~ Soss Mfg (%) .- So Penn Ofl 1%a. SCEdBpf1%._. So Coast (.308) -~ Sou Un Gt - Southl’d Roy .40 Spencer Sh 1.05g- Stand C & S 1.60a Std C&Scvpf 1.60 Stan Dredg cv pf 8t 0i1 Ky (1a) Stand O Neb .25g- St O11 Ohto (1) .. St Oll Ohio pf 5. St Pow & Lt StPow& L B._ Stand Prod (1)... St Sil-L (.02g) - Starrett Cor vte.. Sterchi Br Str___ Sterl'’g Al pf.75g_. Sterling Br .25g... Sterl Inc (.20a).. Stroock & Co 2 Sunray Oil .16g-. 1 & R Ty 2 .9 s 4 7 0s 265 2656 265 % 4% 4% - 4 1% 0 # 1% 1% 13 % 3 6% % 5 % 3% 17 00 15 3% % [} FINANCIAL., UNEER]MNWF[U NEW YORK STOCK EXCHANGE INSTEEL INDUSTRY = Mills Reach End of Big Backlogs—Outlook for Orders Clouded. By the Assoclated Press. NEW YORK, October 6.—Steel buying continues at a low level and there is still doubt as to whether the bottom of the production decline has been reached, satd Iron Age today ln its weekly survey of the trade. Uncertainty concerning the future operating trend remains in spite of a large volume of long-delayed buying by the automobile industry. General Motors and Chrysler placed substan- tial orders, the summary said, al- though they did not arrive in time to prevent a further dip in ingot output this week to an estimated 66 per cent of capacity. This compared with 74 per cent last week. “Having reached the end of their once large backlogs,” the review stated, “the mills are now forced to make & rapid adjustment of opera- tions in line with the volume of day- to-day orders. A few companies.re- ceived more tonnage in September than in August. But for the majority the sales trend in the past month was downward. Improvement Expected. “October should bring an improve- ment over September both in auto- motive buying and in general re- plenishment, but the extent of the lat- ter is dependent upon the rapidity with which miscellaneous users of steels liquidate present stocks, which in many instances are sufficient to last from 30 to 90 days at present rates of consumption. “One obstacle to the resumption of buying by railroads has been removed by settlement of the wage controversy, and, although industry generally is opposed to further pyramiding of costs, there is a recognition of the justice of the carriers’ plea for higher freight rates to compensate for wage rises. L C. C. Is Silent. “No word is obtainable from the Interstate Commerce Commission &s to when a decision may be announced, and there is doubt in the steel trade that it will come in time to produce much buying of steel by the railroads over the remainder of the year. If orders should come late in the quarter, they will benefit early 1938 schedules rather than this quarter operations. “With an almost complete cessation of steel mill buying of scrap, prices have declined except at Pittsburgh, where sharp drops had previously oc- curred, bringing the Iron Age scrap composite price down to $16.91, its low point of the year thus far dnd 17 cents below the previous low of $17.08 in June.” DECLINE REVEALED IN OIL PRODUCTION Petroleum Institute Estimates Daily Average Crude Flow Off 18,850 Barrels. By the Associated Press. NEW YORK, October 6.—Crude oil production and gasoline stocks de- clined in the week ended October 2, the American Petroleum Institute in- dicated. The flow of crude dipped 18,850 barrels daily to 3,647,450 barrels. California output was up slightly as the daily average east of that State fell 21,250 barrels to 2,957,250 barrels. Finished and unfinished gasoline in- ventories at refineries, terminals and in transit declined 354,000 barrels at the week end to 65,266,000 barrels. Cracked gasoline production was in- dicated to have averaged 780,000 bar- rels daily, the institute stated, un- changed from the week before. Im- ports of crude and refined oils totaled 1,296,000 barrels, against 950,000 bar- rels. —_— England has started restoration of famous Scarborough Castle. —— e Stock and Sales— Dividend Rate, Add 00. SunrOcvopf2%. % Super'r PCem B. 25s Taggart. .. - 14 Taylor (K) Dist. 7 Technicolor .50g. Tech-H G (.40a) . ‘Texon Oil (.60)_.. Thew Shovel Tilo Roof (1) Tob Pr Exp .15 Todd Ship (2) ‘Tonopah Belm" Trans-Lux (. 20) Transwest Oll_.. Tri-Cont war.__. Trunz Pork S %e. ‘Tubize Chatillon. Tubize Ch(A) 4g- Tung-Sol Lamp._. Ulen & Co 5% pf- Ulen&Co 7% % pf. Unexcelled Mfg_. Unton G Can .60.. Un Prem F S .80... Unit Chem._. Unit G ——— Unit Gas war__.. Unit Gas pf (7). Unit Lt & Pow A Unit Lt & Pcvof Unit Shipyds B _ Unit Shoe M 2%a Unit Spec (1.40) . U S Rub Recl. Unit Ver Ext 1g... Unit Wall P .168. Univ Corp vte.. Univ Pict. Univ Prod 1. Uth P&L pf 2.! 92k Ut Idaho S.15g-- Util Pw & Lt (r). Util P& L pf (1) Util Equit pf 563. Utility & Ind pf_. Valspar Corp vto. Venez Mex Ofl__. Venezuela Petrol. Wentworth .25g-. West VaC&C.-. Willms(RC).308- Willms Oil-O-Ma.. Wil-L Caf pf (r). Willson Prod 1a.. Wilson Jon .258.-. Wolverine Pt C_. Wolverine T .40g. Woodley Pet .40_.. Wright Har .40a. Ygstn Stl D new. B 22% Yukon Gold .12g.. 6 2% in nnlnlpm or recetvershi, el reo’r:mu-d under the Bankru; nle:y Ast. or securities assumed by such companies. Rates of dividends ’in the foregoiny menty based on 6% 6% 22 (Continued From Page A. 2:30 p.m, 1937 Stock and Bales— mun Low. Dividend Rate. Add 00. 6% Wilson & Co (3%). 38 66% Wilson $8 pt (6) .. 2 40% Woolworth (2.40).. 30 24 Worthington Pump 8 74 Worthington pf A_. 200s 70 Wor P&M pf A stp. 2108 63 Wrigley Jr (3a) 1 35 Yale & Towne (.80) 2 13% Yellow Truck .. 142 108 Yellow Trk pf (7)_. 46% 31% Youns Spring (3) .. 101% 50 Ygstwn Sh&T 2.508 High. Low. Close. chge. 6% 6% 64 14% 13% 14% 40 108 108 108 1 31% 31% 31% 90 51% 46 8.) Prev 1037 High. Low. Net. 6% 40% 23% 71 1% 67 35 o8 11:00 AM A0% =%l oo M. st s Actust 22 % 3 S 61 -1 35 + % 51 clared this 1.170,000 unit of trading 10 shares. bankruptey or receivership or bein, bnnkrunu:y act or securities ass.med by s \ 8tock and Dividend Rate. 43% 30 Zenith Radio (2g) 9% 3% Zonite Prod Approximate Sales of Stocks on the N. Y. Stock Exchange. AM oo Hieh, Low. 30 32% 31 3 4 3% Close. chee. 82% +1% 4 + % 640,000 12:00 Noon....... 990,000 3:00 P.M._..___ 1,480,000 r.efllnlud under compan| the foresoing table are Annun dis- e last quarterly or semi-annual declara- vnlen Otherwine moted Special or extra dividends wre not 'x dividend. xr Ex rights. .. 1 Payable in stock. h or stock. year. o bAlso extra or extras. o Patd kAemmullM dhld!nd nlld or di- ——-——-————_'——* INVESTING COMPANIES NEW YORK. October # (7).—New York Securily Dealers’ Association: Admin Fd 2nd Inc ‘Am Business Shrs. Am Gen Eq Inc. Am Ins Stocks Bancamer Blair Bankers' Nat Inv Torp- Basic Industr o Corporate Trust Corporate Trust A A - Corp Tr A A mod Corp Tr Accum Ser_ Corp Tr Acc Mod Cumulative Tr Sh Bk Gh Fund Invesiors Ing- Fund Tr S| Find T+ Shis B Gen Capital Corp~ Gen_Investors Tr Group Sec Ziroup Sec Group Sec Group Sec Group Sec Food Group Sec Invest Shrs Grou Sec Merehandise: Group Sec Mining Group Sec Petroleum Group S Groun Groun Sec Tobaceo Huron 'Holding Incorp_Investors i Inst] Sec: Bank Group_. instl Sec: Insu Investors Fd “C Kevsione Gustods Keystone Custodn Keystone_Custodn Keystone” Custodn Keystone Custodn Kevstone Custodn Major Shrs Corp Aarvland Pund _ Mass Invest Tr t o Dize | 2 i Lopaniono S ottt gt 4 SR T SR 1 Lepapiarmis e Sl REPRLI 1 T S OSOOT. JS-—Y o 2oms, PABABIRG. Brign) BLDiaznmkaisD ¢ Stocks. Bldg Supply _ Stocks. Elec Equip Stocks. Insurance Siocks. Machinery __ N Y Stocks. R R Equip__ N Y Stocks. Steel North Am _Bond Tr ctfs _ Nor Am_Tr Sha Nor A e ‘e 1 Sh Plvmouth Fund Inc Quarterly Income Sh S:hoelikopf-Hutton & Pom Tnc & Stand Uul Inc Super of Am Tr A Super of Am Tr AA _ Super of Am Tr B__ Super of Am Tr BB Super of Am Siber of Am TF B Suvervised Shrs = Trustee Stand Inv C. . Trustee 8tand Inv D Trusteed Am Bk “B" _ Trusteed Tndustry Shrs. Wellington Fund — CHICAGO PRODUCE. CHICAGO. October # (7.—Poultry. live. 31" trucks: steady to firm: Springs. 4 poungs up and less than 4 pounds, colored 21: Plymouth Rock. other live poultry Butter. &1 creamery. ¢ §Xtras () 3 rz‘nlraln‘d rnr lots 5. easy: prices unchanged Pfl’l20!< 118: on track. 301: total U.; 8. shipments. dull. weak \mdenone sunplies rather liberal dem; slow; {acked, ver cwt. Tdaho Ru“rl Eurblnk s 1,1.25-50: U. 8. Cn‘orndu Red McClures. U \'o 1.35-40: North Dakota Bliss Triumphs. lnd vartly graded. 1.05-15: Cob- 5 Ui oo, 1. and partly sraded, £5- @5: early Ohjos. 1. and partly graded. 1,00 Tiah Blise 'rnumnm . 8. | No. 1.'1.25: Minnesota Cobblers and round Whies.! No. 1._and partly graded 85-00: unclassified. ‘Wisconsin, round whites. U. . commercials. 80-R2: Triumphs, U. 8. commercials. .80, BOSTON WOOL MARKET. BOSTON, October 6 (P (United States Department of _Agriculture). — Medium | fleece wools were offered from & few points | in the Middle West to Boston wool houses at _lower prices today Country packed Iots contained combing and clothing lengths of three-eighths and cuarter-blood Ohlo fleeces were bought at | 49 to 40 cenis in the grease delivered | East. Similariy packed Indiana wools were reported offered from the country at 38 cents and bright Missouri medium ‘wools at 40-41 cents. METAL MARKET. EW YORK. October 6 (P.—Copper t_and future. Eggs. s. Louis, spot and future. 6.! num.” quicksilver, platinum and wolframite unchanged. —_— Londonderry, Ireland, is imposmg stiff fines on DIVIDENDS ANNOUNCED NEW YORK. October 6.—Dividends de- clared (prepared by the Standard Statis- tics Corp.): e xtrs Pe- Btock of Pay- riod. Rate Electro Bleaching G 3774c - Intl Cigar Mach .. 3bc __ Accumulated, Asgo T&T 7% 1st pt Ofc - Do. $6 1st pf_ e 42c Pacific Pub Serv pf 32%c __ Liquidating. Intl Match Realiz vtc $5 __ Special. Cerro de Pusco Cop $1.75 __ Initial. Qosd Pet 57 cv pf 62 Q Gen Metals Corp Groc " Store_Prod Ohio Pub Serv 5%% pt 10-15 10-18 Century R M 77 Cerro de Pasco Cop Electro Bleaching G Metal & Thermit Nat Tea 5%% pt Sears. Roebuck Spiegel, ot 51 Tung-Sol. Lamp Wlu United Stove Wlltrcen Cn “ 51 Amu Mnch & Pdry 5 Celot. corn Exen BK Tr Homestake Mining Intl Cigar Mach Intertype Corp -7 30 Mass Pow & Lt pt Magtag Co lst of.-81 M HoneyRell NEW YORK PRODUCE. W YORK. October 6 (7.—Butter. unsettied Al :ndei unchanges se. 171 Prices u mixed cglors. 24" . reirigerator firsts ator seconds 21 Tefrigerator mediums. 20-5014" other ‘mixeq. colors. unchanged. Dressed *poultry, eas sh (boxes) chickens, _ roasters. frozen | (boxes)., 'chickens. broil Other | fresh and froren prices unchanzed | Livy ltry, by frelsht, easy. Chickens. colored, fowls. freight Other ol g By express, easy: chickens Reds, 23-2 Rocks. ~ crosses and brolers. cks. Reds and Ieghori s B Lo 1831 oid moélers 17 keys and ducks unquoted. . NEW YORK SUGAR. 21%: refrig- HEADS CLEARING HOUSE. NEW YORK, October 6 (#).— James H. Perkins, chairman of Na- tional City Bank, today was elected president of the New York Clearing House Association, succeeding the late A. A. Tilney. Herbert P. Howell, president of Commercial National Bank & Trust Co., was elected chair- man of the Clearing House Commit- tee, succeeding William S. Gray, jr., president of Central Hanover Bank & Trust Co. CHICAGO LIVE STOCK. GHICAGO. October 6 (B (United Sta ment of Agriculiure.)—j B Dm0 dlreet. market lower "than Tuesday's average: Dacking : ot I11G: stricti pounds,” at the to) and . eholce” 1 hisag poun. 0:" 150-1%0° pounds. 85210 &6 00, pounds, 10.00- 30: “calves. -1.500° 1itilé done on fed steers and yearlings: shipper de- mand very narrow and large local killers bidding lower: scattering light yearlings steady to small killers at 13.00 down: she steady to weak: larger in- : low cutters few_strong d m 8 .00-8.50: fed offerings, 1 bulls and vealers Jietle changed: “pragiicai i seusaee Dulls. 6.75:" vealers, 11.00 dogn: very fe Sheen. 7.000. Includln' 1000 direct. fat lambs active, strong to 25 higher: sheep and feeding lambs Steady: s00d to choice Dnative lambs upward to 10.25 and 10.50 o 08t Montarss 10:40 best held highe; slaugnter %50;5. 90 merely good ewes. feeding lambs. 9.90-10 MONEY MARKET. NEW YORK. October 6.—Money rates: Call mongs, Tenewal rate. 1 per cent: time PeoneY. (D000 days. 1%e: 4-6 months. 1l Sommercial paper, prime names. 1; other’ good LI e T e i b ’ ‘LOANS wxs A—19 * ELECTRIC POWER OUTPUT CLIMBS Small Weekly Gain Lifts Total 5.5 Per Cent Above Year Ago. By the Associated Press. . NEW YORK, October 6.—Produc- tion of electricity in the United States for the week ended October 2 climbed to 2,275,724,000 kilowatt hours, an ine crease of .4 of 1 per cent over 2,265« 748,000 kilowatt hours in the preced« ing week and up 55 per cent from 2,157,278,000 kilowatt hours in the like week last year, the Edison Electric Institute announced today. The more than seasonal advance carried the Associated Press index of power production, with 1929-30 taken as 100, to 120.5 from 120.3 the pree vious week. The index, adjusted for seasonal and long-term trend, stood at 117.3 a year ago. The range for recent years follows: 1937. 1936. 1935.1934.1933 1252 1198 1055 974 919 - 1163 1020 941 919 802 The institute’s report showed the following percentage increases over last year in major geographic areas: New England, 0.7: Middle Atlantic, 3.6; Central Industrial, 7.7; Wes Central, 5.5; Southern States, 6.2; Rocky Mountain, 13.0; Pacific Coast, 49. High... Low. FOREIGN MARKETS. LONDON. October 6 (#.—The stock marke rallied sharply in the late dealings after opening weak. with the decline Celeratea by the rop in steadier the fact t uidation Hrow eomimental g Setrmed o have subsided. ~ Trans-Atlantic issues closed abov~ ‘the low levels of the day. and pihe glit-edged group also steadied shares declined following the drop i Uat commodity, and foreign bonds were easier PARIS.—Industrial stocks were in demand at the ciose_of the Bou the tone was firm. Rentes finishe: 240 centimes higher, and Ba gained 300 francs. | dedm 160 francs francs at Roya teh “shares and Suez Canal was ON IMPROVED D. C. PROPERTY Immediate attention on your appli- cation for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. NEW YORK. October 6 (#) —Early losses | in sugar futures, which carried some of | the No. 4 contracts into low ground for | the season. under renewed liquidation. were | partially recovered in later trading here | March No_ 4. after selling off to 111, or | 3 Doints net lower war ming o 113 ot | the beginning of the last hour. and_ the | general list was about 1%z to 2 points net lower. | January No. 3 declined from 2.27 to ! 2,26, while July held around unicharged First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the D.strict of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. Interest balance charged only on unpaid of principal. E QUITABLE CO-OPERATIVE B UILDING A SSOCIATION 915 F STREET N.W. Organized 1879 925 15th Street Natl. 2100 "0““00““00000000000000000000‘00000000 REAL ESTATE LOANS NO COMMISSION OR RENEWAL FEES Monthly Payments as Low as $7.50 Per $1,000 Consult us if you wish to obtain money to help you Build, Refinance or Modernize Your Home. ENTERPRISE BUILDING ASSOCIATION 7th St. and Indiana Avenue N.W. MEMEER OP D O. BUILDING AND LOAN LEAGUE MEMBER OF U. 8 BUILDING AND LOAN LEAGUB 0000000000000 0000000000000000000000000000 This announcement is neither an offer to sell, nor a solicitation of offers to buy, any of these securities. The offering is made only by the Prospectus. 200,000 Shares Continental Can Company, Inc. $4.50 Cumulative (Without Par Value) Preferred Stock Price $100 per share and accrued dividends Cepies of the Prospectus may be obtained from any of the several Underwriters October 6, 1957. listed in the Prospectus, including the undersigned. Goldman, Sachs & Co. Chas. D. Barney & Co. The First Boston Corporation Kidder, Peabody & Co. Brown Harriman & Co. Incorperated Edward B. Smith & Co.