Evening Star Newspaper, October 28, 1937, Page 19

F RISE MAINTAINED ON BOND MARKET ©orporates Perform Better) Than Stocks—Federal Section Ragged. Bond Averages 20 10 10 1 Rails. Indust. Util Net change. +.1 Une, +.1 + Today, noon 77.0 985 92.1 Previous day 76,9 ¥85 92.0 Month ago. 84.31008 94.7 Year ago-.. 96.9104,01025 - 99.0104.4 102.8 - 76.0 97.0 90.3 98.2104.4 103.1 86.9101.8 99.3 458 400 64.6 . 1028 )’ngh_..lol 1 98.9102.9100.5 10 Low-Yield Bonds. Noon .... 1078 Prev. day.107.7 Month ago 109.4 Year ago- 112.7 1937 high. 113.7 1937 low.. 107.6 1936 high. 113.5 1936 low.- 110.2 1928 high. 104.4 1932 low.. 86.8 (Complled by the Associated Press.) By the Associated Press. NEW YORK, Oct. 28.—The bond market outdid stocks today in main- taining gains registered following an- nouncement of more liberal margin terms from Washington. In the last hour plus signs were in the majority, with the advantage over the previous close ranging to 2 or more points for a number of active issues. The Federal loan list, however, was a bit ragged. In the corporate group good ad- vances were shown by convertibles, such as American Typefounders and Studebaker 6s. Some rails were well ahead near the finish, including South- ern Railway 4s and Missouri, Kansas, Texas 55. However, the rail group as & whole yielded gains more easily than other sections. The foreign list was narrow and rather quiet, although Milan City 612s ‘were a strong point in the Italian list. U. 8. Government loans ranged from gains of 4-32s of a point to losses of as much. = Extra of 25 Cents Is Announced by Fairbanks, Morse By the Associated Press. CHICAGO, Oct. 28—Fairbanks, Morse & Co. yesterday declared an extra dividend of 25 cents a share in addition to the regular quarterly payment of 25 cents on the common stock. The company also voted a regular quarterly of $1.50 on the preferred stock. All dividends are payable Decem- INANCIAL BONDS ON By private wire direct to The Star. TREASURY. High. Low. 2:55. #9865 981 983 102.21 102,17 102.19 100.20 100.19 100.19 2% 981951-64 99.290 99.26 99.28 2%81966-59. 99.18 99.15 99.15 2%m 1055-60... 100.18 100.15 100.17 s 1951-656 - 102.26 102.25 102.25 3% 1046-49. 104.24 104,24 104.24 B 1044-46 _ 106.13 106.12 106.12 8%, 1940-43Tune 105.21 105.17 105.17 3% m 1046-66 ___ 109.24 109.24 109.24 48 194454 . 11L7 1116 1.7 4% 83384346 106.19.106.17 106.19 438 1047-52 115,16 115.14 115.16 4% ®1947-52 reg 115.14 115.14 115,14 FEDERAL FARM MORTGAGE. - 101,16 101.16 101.16 Z 1029 1029 102.9 HOME OWNERS' LOAN, 238 1942-44 100.12 100.12 100.12 2% ®1939-49____ 100.23 100.21 100.23 851952 ___. 10210 102.7 102.10 FOREIGN BONDS. High. Low. 2:58. mw 681 219 1949-53. 258 104547 e 28,8 1048-51 e Abitibl Pa&Pw 58 ‘63 Akershus 58 ‘63 Antioquia 78 "45 Boo.. Antfoquia 7s 45 C.oce Antfoquia 7s 45 D. gt R 81k ber 1 to stock of record November 12. | Similar payments were made on the | common in the first three quarters. GASOLINE STOCKS INCREASE SHARPLY Petroleum Institute Reveals Daily Crude Average Up 11,150 Barrels. By the Associated Press. NEW YORK, Oct. 28.—Gasoline stocks increased sharply in the week ended October 23, the American Petro- leum Institute indicated, as crude oil production mounted slackened seasonally. The crude flow increased 11,150 barrels daily in the week to 3,613,300 barrels, according to the institute. Output east of California was up 5.850 barrels daily to 2,909,000 barrels. Processing was started on 3,380,000 barrels daily, with the industry run- ning at 83 per cent of capacity. This was unchanged from last week. Finished and unfinished gasoline inventories at refineries, terminals and in transit jumped 794,000 barrels to 66,554,000 barrels. Cracked gasoline production dipped to 765,000 barrels from 790,000 bar- rels a week ago. Imports also fell back, dropping to 826,000 barrels. VICE PRESIDENT NAMED. NEW YORK, Oct. 28 (@).—J. 8. Melick has been elected a vice presi- dent and director of Seagrams Dis- tillers Corp. and affiliated Seagrams companies. He will have charge of United States sales and advertising activities. —— NEW YORK BANK STOCKS NEW_YORK. Oct. 28 (#.—New York Se- curity Dealers Association (Quotations as of 2 o'clock.) i k of Man (1) ankers Tr (2) BKlyn Tr_(4) Cen Han Bk & Tr (1) Chase Nat (1.40) Chem Bk & Tr (1.80)_ gherm B % (B Cont Bk & Tt (.50) Corn Ex Empire Tr (1 First Nai, lBasr @) u Asked. 26 Na Sving 11 (60) Manufacturers Tr Manuf'rs Tr of -( Natl City (1) - N Y Trust (5)_C Public_(1%2a) - Title G & T PARIS BANK CHANGES. PARIS. Oct. 28 (P).—The Bank of Prance statement for the week ended October 23 (in millions of francs ’ Gold reserve Sight balances abroad EBills purchased abroad Ditcounted _commer cial bills—Prance . Temporary advances to state (prior to June 18, 1936) 27 12,008 advances to June 18, - 55,805 15 91 9,568 Temporary state (since Advances agsinst securities Circulation Total _ creait “to’ current 0mday " ivances “sgainist lovrmmenl securities +Unchang Rate of iecount, 3% per cent. o V. S. TREASURY POSITION. By the Associated Press. !IL\O!’\ of the Treasury Octobes 2 . $9.463.052.25; exgenduuru, $10.350,9 balance. 695208 - [ um, cuswm& receipts for the month, . ‘l 44.034.960.7 penditures, $2.- 479.8] 81.53, h\dndlm M7" 465.000.92 of emergency expendturs excess - penditures. 35’55! 7.420. ,3’”*} gl‘ba -y the previ u‘s day. Gol § 00.858.167.84, mcludml $1,269.342, $50.90 of inactive gold. RUBBER FUTURES. NEW YORK, Oct. 28 (#.—Crude rubber | Can‘dian NR ¢%s 61 33 to 38 higher. tures ovened steads. mber. 15.13-20 15.24-30; May, 15.2 MONTEEAL SILVER. Oct. 28 (@ —8ilver fu- o::ned A stecay and unchanged: Oc: 0b: December, 44.60b, Mar and demand | o the Dyeal year (since July | Bklyn Ed con tu-'( pssels | Buff R&P con 43,857 * | Can’dian NR5%'69 Oct 99% a1y 91% 9974 998} 100% 105% 105 105% 108% 20% 204 2214 2014 30v% 313, 39 10015 1005 10215 6% Antwerp 5s ‘58 N Argentine 4s 72 Feb._ Argentine ¢s'72 Apr. Arzentine 4% s 71 Argentine 6s '60 May Australia 438 '66 Australia 5s'§6 Australia 5s '57 Belgium 6s ‘55 Belgium 68 '49.. Rerlir 6= '58 Berlin Flec 614869 _ Berlin Bl Ry 63556 Brazil 6148 26-'57 Brazil 6148 '27-"67 . Brazil 1852 _ Brazi] &3 41 Brishane 5s°'57. Brisbane 6s 58 Brishane 6s ‘50 - BA4%8-4%8'77 Py B A 41,-415'76 Ag Pv. B A 435-4%8°'75 Py_ Bulgaria T3%s 68 ... Canada 2% s 44 . Canada 2%s 45, Canada 3s 67 Canada 45 '60 e Canada 5353 ceaeme Chile 65'60 Chile 68°61 Jan cceee Chile 65 '61 Febr cvaea Chile 6561 Sept. Chile 6s 62 - Chile Mtg Bk 6s'61 _ Chile Mtg Bk 64557 105 105% 108% 20% 20 22% 20 0% 1% 10015 1001, 10214 Chile Mtg Bk 6%s'61. Colombia 6s 61 Jan_. Colombia 65 "61 Oct_. Copenhagen s '52 Cordoba 7s '37 stpd.... Cuba 5%s ‘45 Denmarx 434862 Denmark 5%s ’55. Denmark 6542 Frankfort 6485 Ger C Bk A 6538 Ger C Bk A 68'60 July Ger C Bk A 6560 Oct. Ger C Bk A 7850 Ger Gen Elec 63°48__. Ger Gov 6%s 658t Ger Gov 514 s'65 un st Ger Prv & City Bank con Ag 6858 Ger Rep 7s 49 5tpd . Ger Rep7s 49 unst_. Greek G 7s'64 pt pd Hait} 65 ‘52 Harp Min 68 '49 ww. Hung Con M 78°46 Hung Con M 7%s"45_ Ltaly 7a°51 Irish Free State 58'60 Ital P U Crd 78 ‘62— Japan 5%s’ Japan 6%s ‘54 Kreug&Toll 55 ‘69 cfa Medelin 6 Mex 48°10 Mexico 45 '54 assd .. Milan 6%s 52 e Minas Gers 635 '58 Minas Gers 638 59— New So Wales 5s ‘57, New So Wales 5s°5 Norway ¢s 63 Norway 4%s 65 rway 63 43 Norway 6844 Orfental Dev 68°53 Oslo 4348 ‘65 Panama 53 '63 8tp & Paulista Ry 78 42 Pernambuco 78 '47... Peru 63°60_ Peru 68°61 . Poland 6540 ——eeemm Poland 88 ‘50 Prussia 6%3 ‘51 Rhinelbe Un 7s 45... Rhine Rhur 6s 53 Rio de Jan 6% 53_. Rio de Jan 8546 Rio Gr do Sul 68 ‘68 Rio Gr do Sul 7s ‘66 Rio Gr do Sul 8546 Rome 6% '52 Roumania 7869 e 105% 20 31 28% 297 34% 101% 1014 102 102% 106% 106's 57t 101% 101% 101% 102% 106% 106% 51 101% Serbs 8562 Shin'su EP 6%s'52. Sydney 5%s 55 - Taiwan Blec 5%8'71_ Tokio E L Litd s '53 Un Stl Wks 6158’61 A Un Stl Wks 61,851 C. Uruguay 68 60 Uruguay 68 "64_. Uruguay 8s 46 Westphal E P Yokohoma 6s 61 DOMESTIC BONDS. Adm Exp 4%s'46std 94 93% AlbaSus 33846 51d. 1004 1004 Alles Corp 68 49 Alleg Corp 68 '50 stp. 29\4 zm Allis Chalmers 45’52 103% 103 Am & For Pw 652030 64 63% Am1GCh6%s 49 103% Am Intl5%s 49 ____ AmT& T 3% AmT&T3%s 66 AmT&T i%e 30 AmT&TH Am T F 2%s. Anaconda deb 38 ‘50 Anglo-Chil Nit 75 '67 Armour(Del)1st 45’65 Armour (Del) 48 ‘57 A T&S Fe 45°09-'55 A T&S Fead) ¢ 95 st A T&S Fe xon 48 95 A T&S Fe %48 48 A TAST RMtdvives Atl Coast L 1st AtICLun ¢%s As Atlantic & D lstés'as Baldwin Loco §s*40_. B&O 1st B&O 4 B&OLstbn'48 _____ B& Oref 5895 Aeeee B&ObSs 9 F B & O ret 652000 D__ B& O ref 65 95 C 104% 5% 567 23% 104% 54 EL 231 21% 59 59 60 21 56% B & O PLE&W Virel B & O Swn bs 50 Bell T of Pa 68 48 B Bell Tel of Pa 5560 C Beth Steel 3% s 66 Beth Steel 4%s 60__. Bos & Me 5! Bos& Me 5367 .. BosNYAL4s'S5. Bot Con M 6%s 34 et. Bot Con M 635 '34 101% 101% 101% 60 58 58 B4l 841 844 112% 112% 112% 104 104 104 55% 54% 564 461 46% 46% 58 58 58 103% 108% 103% 11 11 1115 lllh 111% 112% 112% 112% 1163, 1163, 116% 1217 121% 121% 864 86 86 101% 101% 101% 95% 95% 95% 112% 112 11 103 102% 10 Bklyn Man T 4% Bklyn Un E1 68 50 Bklyn Un Gas bs "45. Bklyn UnG 6s 67 B Bush Term con 6556 Bush T Bldg 68760 . Calif Packing 65 40 Camag 78 42 ctfs Candian NR ¢%8°66 Can'dian N db 6345’46 Can'dian P db 48 perp Can dian Pac 438 46 Can‘dian Pac ¢%s 60 Can'dian P b5 44 cfs. Can‘dian Pac 68 "84 N. Y. Celotex 4% 847 ww._. Central Fdry cv 6841 Cent of Ga con 5845 Cent Il D& G 68'51 Cent of N J gen 6s°87 Cent Pao 1st rf Cent Pac [: 'col 2:88. 80 107 C& O con bs ‘39 Chi & Altref 3 49 Chi B&Q gen ¢ 5! Chi B&Q ¢%8s'77 Chi B&Q1 div 849 Chi & B 111 68 '61 Chi & B I1] bs ‘51 etts. 486 Chi 1&L gen l “... CMA&StP gn 4% ls c CM&StP 4%s8'80 B CM&BtPEs'75 CMA&StP&P adj5s2000 Chi & NW 438 2037 Chi & NW 4%82037C Chi & NW 4% s 49 . Chi & NW rf 552037 C&NW Nr W 634 '36 ChiR I&Prfds 34 Chi R 1&P rf 4w'34ctt. Ohi R I&P gen 48 °88.. ChiR I&P ¢%8'63 . Chy RI&P 4%8 ‘62 ctf. CH R IRP 4%s 60 Chi Un Sta 8%s°51... Chi Un Sta 3%s'63 B Chi & W In con 4s ‘53 CinG&BE3%s'66 _ Cin Un T 3%s D &td CCC&St L rf 4%#71B Colo F & 15310 Colo & So 4%s '80 Columbia G & E i ‘52 May Columbia G&E 6s Colum Ry P&L 4= es Clev E1 1113%8°65 Clev Un Ter 414877 Clev Un Ter 6873 B Clev Un Ter 615 8'72A Comel Cred 23542 .. Com Inv Tr 314861 Conn R Pw 3% 61 A ConsEAN Y 8% Cons BEAN Y 918 104% 110 9T 102 1055% 100% 101 104% 104 102% 107% 1044 110 974 1015 105% 1004 100% 10445 104 102% 107% 9514 101 103 102% 102% 105% 1004 101% 10415 104% 102% 107% 9615 101 103% 10215 106 9114 100% Consum Pwr 3% '65. Container deb 65 °43__ Crane Co 3% 851 CrownC& S 4s°50 _. Crown Will P 68 '61__ Cuba Northn 6%s 42 Dayton P&L 3%s '60. Del & Hud ref DelP& L 4%s Den & R G W b 55 - Den & RGW 6'65asst D&RG W rt b Det Edison 3% Det Edison 48 Det Edison 4%s ‘61 D Det Edison 68 ‘52 _ Dul SS & At 58°37 Des M&F't D 4835 ¢ Dugquesne Lt 3%s "65 Elso Auto Lite 4862 Erfecv 48’53 B Erfecy s Erie gen 4s 9| Erte ref 58 67 e Erieref 58'75 Brie & Jersey 6s "55.. - Fairbks Morse Fed Lt&Tr 58 Fla EC Ry Francisco Sus 6s Gen cable 5% s 47 . Gen Mot Acc 38 46 10913 11215 % 115% 100% 9915 8is 51 1034 103% 101% 10343 103% 101 Gen Stl Cast § 55% Goodrich 4% Goodrich 45 Goodyear T&R Grt Nr Ry 3% 67 Great N Ry 43 46G__ Grt NRy 4s 46H GtNRgn4%s'76 D. 92% . 1014 - 106 8 99 103 99% 348 1184 17% 511 107% 98la Green Bay 68°62 B _ Gulf States Utl] 45'66 Gulf Sta Utl) 4% 46 Houston Of1 5% Hudson Coal 68 ‘52 Hudson Co G st 55’49 Hud & Man tnc bs 57 Hud & Man ref 58 '57 111 Bell Tel 3% 111 Cent col tr {11 Cent col tr 111 Cent ref 111 Cent 4% s ‘66 ICC&St L N O 4% 63 ICC&St LNO 6a’63 111 Steel deb ¢ %4 s 40 Inland Stl 3% s 61 Interb RT 1 ref 5s'66 InterbRT1rf 55’66cfs Interb RT 65’32 - Interb RT 7s'32 _ __ Interb RT 78’32 ctfs . interlake Lron 48 47 Int Agr-cl 68 42 stp. Int Grt Nr6s 52 A Int Grt Nrad) 6#'62 A Int Hydro Elec 65 44 Int Mer Marine 6841 Int Pap 1st 68 47 A _ Intl Ry CA 63847 int T&ET cv 434839 . Int T&T 4%5°53 Int TRT 68’66 . .. Iowa C 1sthrf 4o °51_. Jones&kl Stl 4 Lw61A Kanaw & M 4s ‘90 Kans C F S&M Kan CFS&M rf4s’ et Kans C So 1st 3s 50 Kan. City So ref 68’50 Kans C Ter 18t 45 ‘60 Kans G&E 4348 '80 Ky Cent Ry 4s '87_. Kings Co Kl 45 49, Koppers Co 45 ‘51 Laclede Gas 6839 __ Laclede G 6%3 63 C. Laclede G 6%8°60 D_ Lautaro Nit 19768 Leh Val Coal 65 °38. Leh V P con 48 3003 . Leh V P con 4%s 2003 Leh V RR con 6» 2003 % - 122% 122% 122% Liquid Carbon 4s'47_. 106 105% 106 Loew's 314m 46 99 98% Long Isl gen 101% 101'% La & Ark 6 69 - 0 2% Louisv G&E 3%s'66. 101 101 Long isl ref ¢s 49 94 94 L & N unif 4s 40 _ 106 105% L &N 4%s82003C_. 9T 96% McKess&Rob 6%#'50 102 101% MeC RR gn ¢%5'60 A 59 Man S 1st 7 OZGL(I 42% 39 | Manhat Ry 29% Manhat R 2d 48 201!_ 18% Mead Co 68 45 99Y% Met Ed 18t rf 445’68 1047 104% Mich Cent 4s°40_ 103% 103% Mil El R&L 68 "61_ 101% 101 Mil El R&S L rf 6811 Minn & 8t L rf 49 ":. 30% 28% 5% 647 109 108% . 103% 103% 108% 108% B84 84 102% 102 1087 103% 108% 84 102 93 63% 63 281 86 30% 32 101% 59 2% 29 13% 994 104% 103% 101 MStP&SSM 5%s 78 MOK&T lst 4390 MoK&T Mo Pacific 5¥ 811 Mo Pacb%s 49A .. Mob & Ohio 4348 77 Mob & Ohio bs Mob & Oh M div 647 Mohawk & M 4s'91 _ Monong Pub 8 4% #'60 102% 102% 102% 86 95% 95% 954 107 107 91 91 100% 100% 9% 9% 64 64 T8% T8% 103% 103% 30 30 99% 100 102w 102% 106% 1055 116% 116% MorriskEssex b8 56 T8% Namm & Son! 3 103% Nassau Blec 4851 std 30 Natl Dairy 3% s'51ww 100 Natl Dis PC4%s'46 102% Nat] Steel 48 £5 106 Newark C Gas 58’48 116% ew E T&T 4%s '61_. 120% wOrl P86s'53A. 94% NewOri PSS 'S5 B.. 94% New Or T&M inc5s'35 New Orl T&M 6s'54 B New Orl T&M 58’56 C. New Orl T&M 5% 8’54 N Y Central 3%s NY Central 3% NY Central l'kl'“.. NY Cent ¢u'42 NY Cent con 3 NYCAI!!rfl%llDll. NYCrf4%s2013n._ NY Cent rf 5» 2013 NYC&St L 43%8°'78 . NYC&St L6%# T4 A. NY Conn 1st 438 '63. NY Dock 1st II‘SL_. NY Dock NY Edison ”fll’!l D NYElisref 834s 66 NYNH&H 434867 NY NH & Hel tr §5'40 NY NH & Hev 4 NYNH&H 6848 rg.. NY O&W gen 48°'556 . NY OX%W ref 4n'92 NYQueens con?3%«'65 NY & Rich G 68 '51... NY Steam bs ‘66 NY Steam 1st fs'47 NY S&W 1st rf 5='37. NY S&W gen 5540 ... N Y Tel 3% #'67 NY Tel gen 4 North Am Co fis ‘61 North Am Ed 5857 A North Am B 5369 C North Am Ed 5%s 68 Nor'n Pac zen %s 2047 Nor'n Pac 4='97 - Nor'n Pao 445 2047 _ Nort'n Pac b3 2047 C.. Nor'n Pac 6 2047 ___. Ogden L,C4s 48 ____ Dhin Fdison 465 __ Ohfo Pnb Sve Ta'4T_.. Orez RRAN 4n'4k __ Oreg Sh [ine S "4k _ Oreg Sh 1, 546 gtd Orez W RR 4x 1 Otfs Steel 4145 62 Pac Gas & 1 3% %66 Pac G & M 2% a 41 PacGR W 4’64 Pac TRT rf 3%« "8 B Pac T&T 2 '8 C Panhand EPL 4s '52_ Param’t Ple 3% s™47_.. Parmelee 6s '44 Penn Co 45’52 K. Penn Co 4363 Penn Dixie C 6541 Penn Glass & S'60 _ Penn O & D 43517 Pern P& L 4%8'81 Penn RR3Us w1 Penn RR3%8'70C__ Penn RR 448’81 D _ Penn RR 4108 %4 Penn RR con 4% 550 Penn RR en 415885 Penn RR deb 4155 70 Penn RR gen 5= '68 Penple GT.&C rf Fe47 Peorl & T ine 4x 90 Peoria Pek 11514 Pere Marq 1st 4= Pere Mara 414s'80 Pare Marq s Phelps Dodge 3% 552 Phila Flec 3% Phila & R C&T 6878 Phila & R CAT Rg 49 Philinpine Rv 4x'7 Pillshury F M £2°42 POCRSET, 415840 A POCRStL 4%e"11C Part Cen B 4145 '80 Purity Raking 5848 R-K-0 341 = Reading Jer C 4= ‘51 Reading R 41 Readinzg R 4% Rem-Rand 41, #5fww Republic St 4148 °50 Republic St1 4%8°56 Repuhlic 811 4% s €1 Republie St1 & Richfield Ofl 4552 _ Rutland RR 4%s - Safewav Stores 447 StLRM&PS StL-San Fr 4= StTs-San Fr 450 ofs. StL-San Fr414="78 _ St -8 F 4% "8 of at St L-S Fran 6= '50 R St LS F58°50 B otfs StT, 8 W ist ter § St P Un Den rf §s San A & A Pase4n’4t San An P Sve fs°52 A Schuleo R14<°46 A stp Schuleo 6% 8°46 B stp Seabd A L 45 '50 st Seahd A T,ref 4=’59 Seabd A L rf 48’59 ofs Seabd A L ad] 5- 4'.\ = Senba AT fu-48 otte” Qeahd A-F1 &x"15 A ot Seahd A-Flau'35B ct Qhall TTn Aab 2%« '51 Stmmons Co 4852 __ Qically OF] 4= '51 Socony Vac 3148’50 South Bell TAT fs'41 Sonthn a1 G 4% 61 Sp Cnlo Pwr e 47 A Sonthn Kraft 434 ="46 South Nat G 4% So Pac3s 48 So Pac col 48" SoPRc4%8 69 e So Pac 41%s ‘81 So Pac Oreg 4%n'17 So Pac 8 F' Ter 48 '50. So Ry gen 48’56 A. So Rv 58°94 So Ry gen 6s 56 So Rv 6148 °66 8 W Bell Tel 3% Staley A E 4s 46 Stand O11 N J 3s Studebaker cv 65 '45 Swift & Co 3%s'50 Tenn El Pw 6s 47 A Term AsSt L 48°'53__ Texarkana 5%s 50 . Texas Corp 3%s ‘51 Texas & Pac bs 79 C. Texas & Pac 5s 80 D Third Av ref 4560 __. Third Av 1st 583 Third A ad in ex 58'66 Tide Wat Of] 3% &'52 Tri-Contl Corp 58’63 Un Elec(Mo)3%s 62 Un Ofl of Cal 3%s 52 Union Pac 3%s 71 .. Union Pac 1st 4547 Un Pac 4847 reg Un Pac 1st rf 48 20 United Biscult §s ‘50 United Drug 68 63 U S Pipe&Fy 3%s'36 Utd Rys St L 48’34 17 S Rubber 68 '47 __. Utah P& L6844 Uti) P& L 53'69 ww_ U1 P&LE%S 4T Vanadium cv 5s ‘41 Ver Sug 1st 18'42 ctfs VaE&Plstrf 45’56 VaRy 1st3%s’'66 A_ Va S W 1st 58 2003 Wabash 1st 653 walworth 4s ‘66 Warner Broscv 6 Warren Brev Wash Term 3% Wstehr Lt gn 3348’67 W Sh st 4s 2061 gtd West'n Md 1st 4s ‘53 Westn Md 6%a 77 Westn NY&P sn 4843 Westn Pac 58 46 A West'n Pan 55°46 A as West'n Un 4%8°50 . Westn Uncl tr 6s "33 Westn Un &8s ‘51 West'n Un ‘Wheel Steel ¢ W SpStlcon T Wilson & Co 3% "47_. Wilson & Co 48 55 Wis Cent 1st gn 4549 r'ngstn S&T 48°61__ SIS 37 85 35% 00% 94% 5% 101% 854 l‘ 100 104% 100 4 105% 1074 15% 8% 102145 10214 10614 1065 8 614 17 117 100 100 10044 1008, 981 106% 8314 109'% 99% 100 LONDON BANK CHANGES. LONDON. Oct. 147 3 28 (@.—The tement for the week ended 0% thousands of pounds): decrease, 1.19! decrease. Bank _of Cir- Bul: 6. abisc deposiis. Priva te deposits. Government . ~Other Flash System for Use on Busy Days By the Associated Press. NEW YORK, Oct. 28.—The New York Stock Exchange announced & “flash” quotation service on its tickers for periods of heavy trading and de- layed recording of transactions. Adoption of the system was in line with efforts to lessen the ticker's lag in reporting trades. In the big mar- kets of last week, the ticker at one time was as much as 22 minutes be- hind the market and frequently it was 6 to 8 minutes late. The plan is to ease congestion by printing specially expedited prices of various leading shares at frequent in- tervals when the taps runs five or more minutes late. The quotations will be printed “as promptly after the execution a8 possible,” the exchange said, “and will appear well in ad- vance of their normal position on the tape.” The actual figures will be preceded by the word “flash.” BU' 9% score, 1-pound prints. Yi-pound prints, 40; tub, 3K 9 }-pound prints, K. '#4-pound 'prints. tub. 37: market sironi MEA’ 2% 17: sows, Ehoice beet, calves, vi fresh poi pork | Yoin, $0: 18: sm ha cumnnund PR LIVE STOCK-—Pigs, 8 RIaN, mediums. B 812aR%: heavies. i Gatilz: calves. 740 Prices paid snigpers net fob. Wash- ington. By the @hited States Bureau of Asticuitural, Economics EGGS—Market Just about unchanged prices. Government and dated eggs: White S. large. 44%2; U. S. extras, mediums. i 5 §. standa. iarge. 38: U. S standards, medjums, Nearty urieraded egas whites, 3 to 34, on fancy lots, par- s, oAb steady at graded e ticularly larger siz .IVE POULTRY—Market auiet and unchanged. Demand siow. bul receips not heavy, Powl: Colored. heavy. 18 to 22, No. 2s. 13 to 14: Leghorns, 16:“soosters. 13 to, 13. ~ Chickens and crosses. pound: N and old turkeys pounds and over. 50 each; under 2 pounds, 40 each, Fruits and Vegetables. Bales in large lots by originsl receivers up fo K_am. APPLES “Tiwo Washington arrived: two broken and one unbroken cars on track Bushel baskets. U. 8. No. 1. supplies mod- erate, demand light, market steady. Mary- Virginia and West Vir- inch minimum, 60-65; [ Delicious. 21 2-inch _minimum. wch minimum, m. $0-1.00; mum. ‘mostly i15 ol -5 4-inch ’mini- around Jonathans, Maryland. Rennsylvania and Virginia. com- ation extra fancy and fancy. Deliclo LIMA BEANS —Supplies very light: de- mand light: market stronger. Long Island, bushed hampers, 4.00-4.25. SNAP BEANS——Truck receipts moderate: supplies moderate: demand light: market steady. Florida, bushel hampers. green. flat type. .00- Virgtnia bushel ham- pers. green, fia pe. fair condition, 1.50- CABBAGE—One Pennsylvania arrnved: unbroken car on track. Supplies moderate: demand slow: market dull. Pennsylvania, 50-pound ~sacks. Danish type. 50-55 CARROTS—One California arrived: one unbroken car on track. Supplies light: de- mand light; market steady _Califormia, Western-lettuce _crates, bunched, 3.00. Pennssivania, bushed baskets, Yopped, washea 75 CAULIFLOWER——No carlot arrivals; one broken car on track. Supplies ligh': de- mand light: market steady. Long Island. crates LERY —One New York arrived; three broken and two unbroken cars on. track. Supplies moderate; demand light: market steady. New York. % crates. in the rough. 1.75-2.00: washed, 2 crates, washed _3-6 dozen GRAPES—Five California arrived: three cars unloaded: 2 cars diverted. six broken and seven unbroken cars on track. East- ern stock: Supplies moderate light: market steady. New Yo; , Concords. 1 Thompson seedless, 1.50-1.7 auart . V&% No carlot arrivals: three s on track. Supplies moderate demand light: market steady. Standard and Jumbo crates. all sizes' California. 75-2.00: Colorado. 1.00-1.5 CE—€ix California arrived: nine broken and six unbroken cars on track Supplies liberal: demand iight: market steady. California, ates. Jce- bers type. 5-doze: fair eondi- tion, 2.00-2 Onion Prices Steady. ONIONS—No _carlot arrivals. on track. Supplies moderate: Lisnt: market steads ~50-pound 1. New York. vellows few Bigher: Tdaho' sod Wasbin lencias 3 inches and larger. 5 PEAS—No carlot arrivals: two_broken and one unbroken cars on track. Supplies light: demand light: market steady. Cali- fornia. bushel hampers, Telephones. mostly around 3.5 POTATOES—Two Idaho. two Maine ar- rived: three broken and five unbroken gars on track. Supplies moderate; demand lient: 100. Ks. no cars demand sacks, U. Mountains. '1.35-1.40: Pennsylvania. Gr Mountains, 1 bane: 1.90-2 00, Idaho. Russet Burbanks, SPINACH—Supplies _ liberal: demand lsht Pennsyivanis, bush- kets, Savoy 5 SWERT POTATOESL Rellei o earlot arrivals: five broken cars on track. Sup- plies moderate; demand _light; _market steady. Maryland and North Carolina, bushel baskets. Porto Ricans. 75: Jersey D _VEGETABLES—One California two broken and one unbroken N sm‘k‘ln carlot arrivals: one | broken car on trac AVOCABOS - Florida, boxes. 50-1.00 pus ETB—Fennsylvania. 26-30 per doien unc BRUSSEL ~SPROUTS—California. pound_drums. 3.00, BROCCOLI—One ~_California’ arrived: one unbroken_car on track. California, crates. 3.00; Pennsylvanis, bushel crates, 50 HESTNUTS—Italian, g8 P ound. . COLLARDS——V:rnmn. el baskets, ABAPPLES—New York. bushel bas- Kets, 10001 36: Ta-bushel Daskets, 50-85. CRANBERRIES- Massachusetls.” Ja-bar- vel_boxes, 2.50-2. GCOMBERS ~ Florida. bishel baskets, 25- demand | e KALE_virginia, bushel baskets, 25 35. MUSHROOMS —Marsland and Pennsyl- T pound baskets. 40 LONG TERM Mortgage Loans THE EVENING STAR, WASHINGTON; D. C., THURSDAY, OCTOBER 28 1937, e e e e STOCK EX(_,H_ANGE Exchange Adopts CONTINENTAL 0 EARNS §3,730040 Quarter’s Profit. Compares With $3,727,357 in Same 1936 Period. By the Associated Press. NEW YORK, Oct. 28.—Continental Ofl Co., a leading producer, refiner and distributor of crude oil, reported net earnings for the quarter ended September 30 of $3,730,045, equal to 79 cents a capital share, compared with $3,727,357, or 79 cents a share in the like quarter last year. For the 9 months earnings totaled $11,614,574, or $2.48 a share, com- pared with $8,083,624, or $1.72 a share in the similar period last year. Pittsburgh Steel Co. Pittsburgh Steel Co. reported con- solidated net income for the quarter ended September 30 of $257,160 after charges but before Federal surtax, equal after preferred dividend require- ment to 21 cents a common share, compared with $309,244, or 35 cents a share in the like quarter last year. Murray Corp, The Murray Corp. of America, De- troit, manufacturer of automobile bodies and parts, reported net profit for the quarter ended September 30 of $173,135 after charges but before Federal surtax, equal to 18 cents a common share, compared with $313,- 821, or 34 cents a share in the pre- ceding quarter, and $80,675, or 9§ cents a share in the like quarter last year, Air Reduction. The Air Reduction Co. reported to- day net income for the third quar- ter, after charges, but before Fed- eral surtax, at $1,990,995, equal to 77 cents a share of capital stock, com- pared with $1939,985, or 76 cents a spare in the comparable 1936 period In the second quarter of 1937 met income was placed at $2,289,498, or 90 cents a share. Pittsburgh Coal. The Pittsburgh Coal Co., largest commercial producer of bituminous coal, reported gross operating profits of $1210,154 for the three months ending September 30, an increase of $107,503 over the same period of 1936. After deducting $1,000,000 for deple- tion, depreciation and providing for taxes, the company stated it had a net loss of $413.492, compared with a loss of 8219497 a year ago. The net loss for the 12 months ending September 30 was placed at $790,000. For the corresponding period in 1936 the loss was $1,768,515. National Steel. The National Steel Corp. reported a net income for the third quarter o the year of $5227,071.04 after all charges except provision for Federal surtax on undistributed profits. is equal to $2.41 a share on 2,167,777 outstanding shares of capital stock. The earnings for the period end- ing September 30 compare with $3,- 359,704.57 for the corresponding quar- ter in 1936. Net profits for the first nine months of this year were $16,935,967.16, equal to $7.81 a share and practically dou- ble the $8,542,419.36 reported for the same period a year ago. Otis Elevator. Otis Elevator Co. and domestic sub- sidiaries reported for the September quarter net profit of $1,114,338, equal to 51 cents a share on common stock. This compared with $1,054,156, or 48 cents a share, in the June quarter and $722.486, or 31 cents a share, in the third quarter last year. Curtis Publishing. Curtis - Publishing Co., Philadelphia, reported for the nine months ended September 30 net profit of $3,741,046, equal to $4.32 a share on the $7 pre- ferred stock, against which there are accumulated unpaid dividends. This compared with $5,059,359, or 29 cents & commo:. share, in the first nine months last year. Fajardo Sugar. Report of Fajardo Sugar Co. of Puerto Rico and associated organiza- tions for the fiscal year ended July 31 showed profit of $1,756.657, after de- preciation and other charges, but be- fore provision for incomes taxes. This compared with $2,306,289 in the pre- ceding year. Noranda Mines. Noranda Mines, Ltd., of Canada, estimated its net profit for the nine months ended September 30 at $7,369,517, equal to $3.39 a share on capital stock, against $6,551,891, or $2.92 a share, in first nine months of 1936. Construction Loans With Conversion Privilege All in One Operation and Only One Reasonable Fee. Builders can now finance con- struction and satisfy their pur- chasers upon completion without seeking a new loan. Morigage Loan Correspondents INVESTORS SYNDICATE 1505 H St. N.W. Notl. 2345 5% - Monthly Payn.tenu of $6.60 on each $1,000 borrowed, include interest and pay off loan in 2C years. ® Interest charged only on unpaid balance of principal. ® Amount loaned—up to 6624 %.of appraised value. ® Valuable prepayment privi- leges. Other plans of financing first mortgage loans evailable H. L. RUST 1001 Bifveenth Sc COMPANY NAtional 8100 This | FINANCIAL. Advance Scored By Construction Awards in Week By the Assoclated Press. NEW YORK, Oct. 28--Engineer- ing construction awards for the week ended October 26 amounted to $62,- 866,000, "ari increase of 43 per cent over last week and 40 per cent over the corresponding week in 1936, the gngtmerln; News-Record reported to- ay. The comparative table showed: Week ended Oct. 26, Yearago. Private .. 885,750,000 $16,163,000 Federal - 4,840,000 3,686.000 State-municipal 22,476,000 24,990,000 Total ... $62,866,000 $44,840,000 — ADVERTISING INCREASE OVER 1936 NARROWED | By the Associated Press. NEW YORK, Oct. 28.—Prmur5’i Ink gerieral index of advertising showed a 3.9 per cent increase for | September compared with that month | last year. \ The index fell 1.2 per cent com- pared with August. For the first, second and third quar- ters of the year, the index showed an increase over last year of 113 per cent, 8.7 per cent and 6 per cent, respectively, il *%% A—19 U. S. RUBBER REVEALS BOOST IN TIRE PRICES By the Associated Press. NEW YORK, Oct. 28.—United States Rubber Co. announced issuance of a new price list on tires which calls for minor advances on first grade and third line tires and some small reduc~ tions in other lines. . STORE SALES JUMP. CHICAGO, Oct. 28 (#)—Depart- ment store trade in the seventh Fed- eral Reserve district rose 35 per cent in September, compared with August, the monthly report of the Chicago Federal Reserve Bank disclosed. This gain compared with an increase of only 26 per cent in the 1927-1936 average for the period. OFFICE FURNlTURE WE SELL,BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM’S FURNITURE HOUSE REAL ES'I'A'I'E LOANS RESIDENCE and 57 SMALL BUSINESS 0 PROPERTIES FRED T. NESBIT 1010 VERMONT AVE. DISTRICT 9392 Mouy for Comhncfion Lnllu and Loans on Existing Properties DIVIDEND IS ORDERED BY ARMSTRONG CORK Ey the Associated Press. LANCASTER, Pa., Oct. 28.—Direc- tors of the Armstrong Cork Co. de- clared an interim dividend of 50 cents & share payable December 1 to stock- holders of record November 10. b 5% FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat’l 0350 HAVE THE WINDSORS LOST THEIR GLAMOUR? 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