Evening Star Newspaper, October 29, 1937, Page 17

FINANCIAL » GORPORATE BONDS JOININ RECOVERY » Junior Rails and Utilities Lose Part of Gains in Late Trading. 10 Ri Sl Fan Net change. % +.3 Today noon 77.1 987 928 66.9 769 98.6 923 66.6 84.7101.1 945 69.5 97.0103.9 1024 70.7 99.0104.4 1028 74.7 760 97.0 90.3 64.7 98.2104.4103.1 73.0 8691018 99.3 67.6 458 400 646 422 101.1 98.9102.9 100.5 1936 1936 1932 1928 Prev. day- 107.8 Year ago. 1127 1937 low.. 107.6 1936 low.. 110.2 1932 low.. 86.8 Month ago 109.4 1937 high. 113.7 1936 high. 113.5 1928 high. 104.4 (Compiled by the Associated Press.) Br the Associated Press NEW YORK, Oct on a new advance, a number of sec- ondary rail and utllity bonds were sharply higher Early gains were groups around midday. stretched shaved United States participated i condition figures of New Government the upswing. Weekly York buying Governments, reversing trend in evidence most of the year. In the foref issues hardest cline. hit on the recent de- Gains ranging to more than Alleghany 5s, American & Foreign Power Illinois Central 4% national Hydroelectric 6s, Ne Central 5s, Western Union 5s and In- ternational Telephone 5s A bulge in stock prices stimulated buying of issues with t flavor, although the share failed to hold its stride on the upside in face of an afternoon selling wave. Japanese loans spurted in the foreign gains running to more COMMONWEALTH EDISON QUITS TRADE GROUP the Associated Press CHICAGO. Oct. 29.—The Common- wealth Edison Co. announced it had withdrawn from membership in the Edison Electric Institute, trade organ- ization of the electric power industry. James Simpson, chairman of the company, said “We are not concerned with many of the questions that are of vital im- port to a large number of the members of the institute. and therefore con- sidered 1t good judgment to resign.” The Edison Co., which operates within Illinois. does not come under the Public Utility Act which has been the target of attacks by some of the big companies | which are prominent members of the | trade organization. PLANT TO BE REOPENED BY WILLYS-OVERLAND By the Associated Press. TOLEDO, Ohio, Black, works manag Ey Oct r, announced last night that some of & shortage of large | { metal stampings is being caught up and W Overland Motors. Inc.. will get under way with partial operations Monday morning. A temporary lay-off at the plant was announced Monday because of the shortage. NEW YORK BANK STOCKS | YORK. Oct. 29 P ity Dealers Association (Quotations as of 3 ~New York Be Bank of Ma # Bankers Tr Brooklyn Tr Central Chase Na Chemical Bk & Commercial (%) Cont Bk & Tr (N0 Corn Ex Bk & Tr (3) Empire Trust (1) First Nat (Bos First Natl (100) Guaranty 1 ‘ Trving Trust (0 Manufacturers Trust Manutacturers Tr pf (2) Natl City (1) N'Y Trust (5) Public (113a) Title Guaranty FEDERAL LAND BANKS NEW YORK. Oct Bank bonds 4145 Nov.. attan (1%2) T (1.80) & an Bid 10:3 100 Asked. SHORT TERM SECUBITIES (Reported by Chas. D. Barney & Co.) Am. Tel. & Tel. 5 Mich. Cent. R. R. 45 1940 Midland of N J. 5s 1940, Milx. & Northern 4128 100 NY L. 6c; nt New 'Yors Dock 38 19 ) New York Tel 4 Pacific of l},‘hssoun P 1 Vertientes Sug, Co. 75 Wabash Rwy Co. 55 193 Warner Bros. s 1934 Western N. Y. & P: ‘Western Union Tel NEW YORK PRODUCE. NEW YORK. Oct, 20 (P —Egs ixed |, colors: cks. 5. 24la; secon N OB dirties, No Other mixed cnlat{s ‘unchanged Cheese, changed. NEW YORK SUGAR. NEW YORK, Oct. the spot market. fell March No. 3 reacted from 2 2.34 gnd March No. 4 from 113 e ack to the previous closing levels. & market at 2 p.m. in both contracts. $2,500,000 for New Homes. Over $2,500.000 has been spent for new homes in Honolulu, Hawaii, this year. L 29.—Moving up in late trading today. in most | although the pace later slowed and advances were | loans city | banks indicated they had returned to the ont of the advance were points were recorded at one time in Inter- v York Holding Company | 29.—Sam | 29 (#.—Federal Land | 29 (P).—Early gains in sugar futures today on further trade . encouraged by the steadiness of off in later trading Jinder renewed liquidation and hedge sell- was about net unchanged BONDS ON By private wire direct to The Star. TREASURY. 2% 8194851 e 2%91951-b4 2%,81956-59 2%, 1955-R0 278 1955-60 reg. 18104648 3m 1951-55 2145 1946-49 3348 1949-52 3 w1941 314m 1944-46 3% s 1940-43June 33,5 194143 Mar 3% s 1946-56. 48 1944-54_ 4365-3% 8 4345 106.18 s 1947-52 115.19 115, W FEDERAL FARM MORTGAGE 3Ys 1964 102.29 102.24 102.29 HOME OWNERS' LOAN. 21,8 1942-44 ____ 100.15 100.15 100.15 2% 8193949 100.24 100.24 100.24 331953 __ 102.11 1029 102.11 FOREIGN BONDS. High, 69 ~ 99.19 100.19 100.15 2 104.12 102.28 104.26 10413 106.14 106.15 3 105, 106,15 109.27 111.7 115,23 Low. 2:55. Abitibl Pa&Pw 65 ‘63 Antioquia 7s *45 B Antloquia 7845 C Antloquia 7s 45 D _ Antioquia 3d 7s'57 __ Argentine 4s 72 Feb_ Argentine 4872 Apr. | Argentine 415571 Argentine 65 ‘60 May Argentine 6561 May Australia 4%s ‘53 | Australia 5s'55 Australfa 5557 Belzium 7855 Bergen City 55 °60_. R R R % 91 9114 9974 994 R 5 911 9Ny 9974 993 1004, . 101 105% 10513 11375 100 301 30 315, 40 100% 1007 T6% 6% 9915 1054 e 100 30 30 31% 10 100% 1007 76% 6% 9915 az1t | 98 | 107 Brazil 6158 °27-'57_ Brazil 7a'52 Brasil 85 41 | Brisbane 5557 _ | Buenos A C 616555 _ BA4l%s-4%s"TT Py B A 4%-415'76 Ag Py Canada 23 s '45 Canada 3s 67 Canada 2% '61 Canada 4s 60 Canada 5= '52_ Chile 65’60 Chile 6361 Jan Chile 65 '#1 Febr_. Chile 65 62 Chile 7s 42 Chile Mtz Bk 6145 Chile Mtz Bk 6%5°61 Chilean Mun L 75 '60 Colombia 6= '61 Jan _ Colombia 6s '61 Oct _ Copenhagen 435853 _ Copenhagen 5s ‘62 Cordoba 7s 42 prv.__. Cuba 53845 Denmarx 438 Denmark 5%s Denmark 6s 42 3 Dominic 1st 5%s 4" Dom'c 1st 51 s'69ext. French G 1 French Ger C Bk A 6 Ger C Bk A 65’60 Oct.. Ger C Bk A 7850 | Ger Gen Elec 6548 Ger Gen Ger Gov 5 %S 65 8t Ger Gov 51565 un st lfll)x,. 100 6% Columbia G & E bs | Crown Will P 6s 51 _ | Dol & Hud ref 4s 43 Ger Rep 7s 49 stpd Grt C El Jap 65850 Greek Gov 7s 64 Greek G Ts’64 ptpd _ Helsingfors 6135 '60_ | 1taly 78 '51 Japan 5%s 65 Japan 6%s ‘54 | Kreug&Toll Medelin 6248 54 Lombard Elec 78’5 Mex 48 '10-'45 Milan 635852 | Minas Gers 61,859 New So Wales 58 '67. New So Wales 5358 orway 4s 63 Norway 4 Norway 413 31 643y 18 10174 1013 {1010 1021 1041 | Francisco Sug 6s | Gen Mot Acc 38 45 1064 55 & 1 Norway 6s 44 Oriental Dev 5%5'58 Orfental Dev 6553 _. 605 Panama 5863 _ 4 84 Panama 63 '63 stp as. 48 | Paris Orl Ry 6%8 65 9% 93 | Peru 6360 121 Peru 6861 1215 | Peru 78 '59 143, Poland 65°40._. 5dta | | Poland 75 "47. | Poland s ‘50 Porto Alegre 718 '66 | Porto Alegre 8361 | Queensiand 7s '41 | Rlo de Jan 6138 63 Rio de Jan 834 | Rio Gr do Sul 6868 | Rome 6128 ‘52 Sao Paulo St 7s 40 Swo Paulo St 7s | Sao Paulo St 88 Sao Paulo St 8s '50. | Serbs 83 62 Sydney 5%8 5. | Tatwan Elec %871 Tokio blss 61 Tokio E L Ltd 65 ‘53 _. Ujlgawa E P 7846 Uruguay 68 60_ Uruguay 68 °64_ Uruguay 8s 46_. Warsaw 7s ‘58 Westphal E P 68 Yokohoma € ‘61 | DOMESTIC BONDS. | Alb&Sus 3%4s 46 gtd. 1004 100% | Alleg Corp 6844 . _ 80 80 Alles Corp 68 49 70 Aileg Corp 68 ‘50 stp 28 Allied Stores 41%8°50 Allis Chalmers 4s'52_ A & For Pw 68 2030 Am 1 GCh 638 49, AmT&T 3%s 61 Am T & T 3%s 66.. AmT&T 4%8°39___ AmT&T5%s 43___ Anaconda deb 4% Ann A Istex In4s” Armour(Del)1st Armour (Del) 4s ‘57 A T&S Fe 43°09-'55__ A T&S Fe gen 4895 A T&S Fe 4348 48 A T&S FoC A 434862 AT&SF TC St L 45 '58 Atlanta & Birm 4s'33 Atl Comst L Ist 4552 AtICL un 43364 Atlantic & D 1st4s’48 At1G & W 1st 68 '59_. Aust & Nor 55 '41 B&O 1st 48 43 O4%m 60 _____ 18t 6848 ref 58 95 A 6896 F ref 65 2000 Oref 68 95C B & O PLE&W V4s4l B&OSwnbs 60 . Bell T of Pa bs 48 B. Beth Steel 3% 866 Beth Steel 4% s 60 _. Bos & Me 4%861J_. Bos & Me 6s 67 Bot Con M 6%s ‘34 ct. Bklyn Ed con 3% ‘66 Bklyn Man T 43%s 66 Bklyn Un EI 68 50 Bklyn Un Gas 55 45 Bklyn UnG 6s 67 B Bklyn Un G ref 6s'47 Brown Shoe 3% '50 BCR & N 5534 ctfs Buff R&P con 4 %857 Bush T Bldg 5860 | Calif Packing 6s 40. Camag 78 42 cifs Can‘'alan NR 4%s 51 Can'dian NR 4%8'56 Can'dian NR 4 %= ‘67 Can‘dfan NR 4 %= ‘66 Can‘dian N 6s5'69 July Can'dian N db 6% 8'46 Can'dian P db 48 perp Can dian Pac 4%s 46 Can‘dian Pac 4%s 60 Can dian P bs 44 cfs Can'dian Pac 68 ‘54 Celotex 43847 ww Central Fdry cv 6841 Cent of Ga con b Cent of Ga b8 '59 C. 600 60 604 50 21 6115 50 21 60 | | 1004 67 103% 100% 4 100% 103 100 10'&' e B& &O B&0O B&O B&O B& THE EVENING S C., FRIDAY, OCTOBER 29, 1937. N. X. STOLK Cent Ga Mobile & Cent Hud G&E 5 Cent 111 E& G 68°61 Cent of N J gen 68 '87 Cent Pac 1st rf ¢s'49. Cent Pac bs 60 Cent Steel 8s°41 Cert'd deb 6% Champ P&F 4% 50~ Ches &0 3%8 96 D. C& O gen 4%s'92 C&Oconb5s’39. Chil & Alt ref 3s " Chi B&Q gen 4 Chi B&Q 4% Chi B&Q ref Chi & B 111 68 61 Chi & E [11 68 '61 otts Chi Grt West 4s'69 _ Chi Ind & Lou 4s"47.. Chi 1&L gen 65 66 Chi Ind & L ref 63 '47. Chi 1&L gen 6s ‘66 CM&StP4n'89 Chi L S&E 4%58'69_ CM&StP gn ¢ %48'89C CM&StP 4%s 89 B .. CM&StP6s'76 CM&StP&P adi5s2000 Chi & NW gen 2%s'87 Chi & NW gen 4s ‘87 Chi&NW gen 4s ‘87 st Chi & NW 448 2037 Chi & NW 4%482037C Chi & NW 4%8'49 _ Chl & NW gen 87.. Chi & NW rf 6s 2037 . C&NW Nr W 6%4s '36. Chi R 1&P rf 4s 34 Ch1 R I&P rf 48’24ctf. Chi R |&P gen 4s ‘88 Chi R 1&P 4%8'62 Chi RI&P 4%s 62 ctf Chi R 1&P 4%8 60 Chi T H&S Inc §s"60. Chi Un Sta 8%8'51 Chi UnSta 3%s'63 E Chi & W In con 48 '52 Chi & W Ind 4%5°62. Childs & Co 6843 CInG & E3%s="66 Cin Un Term 5s '57_. CCC&St Lrf 4%s77B Clev Cliffs Ir 4 %s ‘50 Clev Un Ter 4%4s 77 Clev Un Ter 68’73 B Clev Un Ter 5138'72A Colo F& 158 10 _ Colo & So 4%s 80 Columbia G & E deb 5352 April 105'% 105% 95 96 38 38 10314 104 6% TT% 1lfi1 116% 6214 105 945% 117% 5% 105% 34 109% 105'% 112 16% 15% 58 ki 101% 109 % 104% 973 102 10515 66 49 94 91% 105 100 964 2 101 10415 104 1017 95% 1003 10315 102% 10615 92 102% 990 2 1041, 1025 43 4615 70 14 14% 6y 10 1941 112t 1084 101 29 106 104 94 91% 105 100% 97 1014 10415 104 101% 974 100% 104 103 106's ‘52 May Columbia G&F b8 Colum Ry P&L 43 '65. Comel Cred 27, s'42 Comel Credit $%8 51 Com Inv Tr338°51 - Conn R Pw 3%s 61 A Cons EAN Y 3%s'46 Cons Ed N Y 3%s 56 Consol 011 3%s 51 Consum Pwr 3%s'66 Consum P un 3865 Consum Pwr 3% 70 Consum Pwr 3 Container deb & Container 63 46 Crane Co 318" Crown C & S 4s 1054 1041 1015 a7y 100! 104 103 1 99% 10413 Cuba Northn 5155 42 Cuba RR 1st 68 '52 Den & R G con 4836 Den & R G 4758'36 Den & 1XGW D&RG W rf6s'78__ Det Edison 3128 66 Det Edison 43%s ‘61 D Det Edison 68 '52 Dow Chemical 3s'51_ DulSS & At 58°37___ Duquesne Lt 3%s '65 ETV&Gacnbs's6 Elec Auto Lite 45°52. 1067 1081 1031, | Ertecv 4s* Erie gen 4596 Erie ref 6s Erie ref 6875 Erie & Jersey 6s 5 Fairbks Morse 4s ‘66 Fed Li&Tr 6542 Fla EC Ry 63 ‘T4 Fla E C Ry 55 74 etfs ‘56 Gen Am Inv 58 '52 320 1157 1005 . 101 874 815 54 100 10415 5 100% 101 /% 815 54 100 10415 100 g 1033 Gen Mot Acc 3%s‘51. N Gen St] Cast 5% 49 Goodrich 43856 Goodrich 645 Gondvenr T&R s °57. Grt Nr Ry 3% 867 Great N Ry 48 46G Grt N Ry 4s'46 H Grt NRrf4%s'61 A Grt NRgn4%s'17E |GreNRensa'13C_ Green Bay 58’62 B__. Hudson Coal 68 52 Hud & Man nc 63 ‘67 1014 R 34 16% | Hud & Man ref 6857 111 Bell Pel 31870 111 Cent col tr 48 '52__ 111 Cent col tr 4s ‘63 111 Cent ref 4865 111 Cent 4% 8 '68 ICC&St LNOGs'63._. Tnland St1 3%s 61 Interb RT 1 ref 55’66 InterbRT1rf 5s'66cfs. Interb RT 65’32 Interb RT 7 Interb RT 7s'32 ctfs_ Interlake Iron 43 °'47. Int Agr-cl 5842 stp. Int Grt Nr 6='52 A Int Grt Nradj 68’62 A Int Hvdro Elec 6244 Int Mer Marine 6841 Int Pap 1st 6547 A__ Int Pap ref 6s 55 Int T&T cv 4%® 39 Int T&T 4% =°62_ Int T&T 68l - Towa C 1sté1. (4’51 Jones&L Stl 4% s'61A Kans C So 1st 38 '50 Kan: City So ref 68'50 Ky Cent Rv 45 '87 Kings Co El 45 '49. Koppers Co 4s'51 Kresge Found 4s "45. Laclede Gas 68 °'39 __ Laclede G 6%s 53 C. Laclece G 5860 D. Laclede Gas fs 42 A_ Laclede Gas 6s'42 B Lautaro Nit 19758 __ Leh Val Coal 5364 Leh VNY 4%s°40 gtd Leh V P con 48 2003 Leh V P con 4%s 2003 Leh V RR con 5s 2003 Ligg & Myers Liquid Carbon 4s Loew's 3% 84 Long Is] rf 4849 stp Lorillard 6s°51.. La & Ark 5s 69 Louisv G&F 315 "66_ L & Nash 3% s 2003 __ L & N 1st 452003 L & N unif 45 40 McCrory Strs 5851 McKess&Rob 6% 50 Manati Sug 7%s ‘42 Man S 1st 71 s'42ctfs Manhat Ry 48 '90 Manhat Ry 4s "90 ctfs Manhat R 2d 4s 2013 Marion Stl Shov 6s'47 Mead Co 6s "45 Met Ed 1st rf 41,8'68 Mich Cent 4840 Mi) El R&L 6s ‘61 Mil El R&S L rf 58’71 Minn & St L rf 4849 Minn & St L 6s'34ctfs MStP&SSM cn 4s 38 MStP&SSM cn 5s '38. MoK & T 1st 45'90 __ MoK &T4s 62B MoK & T 5562 A Mo K & T adj 58 "67__ 102 1015 = « 105% 100 Mo Pac5s'7TTF . Mo Pac 5s 77 F ctfi Mo Pac 68 '78 G Mo Pac 68’80 H Mo Pac 58 '80 H ctfs_ Mo Pacific 65 81 1 Mo Pac 68 '81 1 ctfs__ Mo Pac 5%s 49 - Mob & Ohilo 4%s8'77.. Mob & Ohio 5s°38. . Monong Pub S 4460 Monong Pub 8 6s '65 Monong Ry 1st 4s '60 Mont Pwr 8%s 66 __ Mont Tram bs 41 __. Morris & Es 338 2000 Morris&Essex 4% 8'55 Morris&Essex bs '55 Namm & Sons 6s 43 Nashv C&St L 4578 Natl Dairy 3%s'61ww Natl DisPC 4%s 46 103% 831y 101 103% 8314 100% 103‘-,103% 103% :85. 106! 106% 123% 12‘% 123% 9% 9 4% Natl Steel 4565 .. New E T&T st bu ‘52 New Orl PS6s'52 A. New Orl PS5s°'656 B New Orl T&M 4% 8’56 New Orl T&M bs ‘54 B New Orl T&M 68’56 C New Orl T&M 5% u'64 NOT&M 5%8'54 B cfs New Or Ter 1st 4863 Newp&Cln 48 435545 N Y Central 3%s '52_ NY Central 83%s 97, NY Cent con 4s ‘93 NY Cent rf 4%s 2013. NYCrf4%s2013n. NY Cent rf 68 201 NYChi &St L ¢ NY Cht & St L 6835 NY Conn 68’53 B. NY Dock 6s ‘38 NY NH & H 4866 NY NH & H 48 NYNH&H 48’6 NYNH&Hcltr NY NH & Hcv 68°48 NY NH & H Cons Rys 4s'54 NY O&W gen 48 '56.. NY O&W ref 48 92 NYQueens con3%s'65 NY & Rich G 6s 51 ... NY Steam 1st bs°51. NY Steam 68 ‘66 .. NY Steam 1st 68°47. N Y Tel3%s’67 NY Tel gen 448" 39.. NY W&B 41,846 Niag Falls P 3%s Norf S 1st rf5s'61 cfs Norf & W 1st 45 '96__ North Am Co 68 61._ North Am Ed 5857 A North Am Ed 5369 C North Am Ed 6%s ‘63 Nor'n Pac gen 3s 2047 Nor'n Pac 4s 97 ey Nor'n Pac b3 2047 D. Nor'n Pac 65 2047 . Ohlo Bdison 4s ‘65 Ohio Edison 3% 872 Okla G & E3%s'66 _ Okl Gas & El 45746 Oreg RR&N 48°48 Oreg W RR 45 61_ Otls Steel 414562 EacGRva L 33808 Pac G & 3% PacG & E 4s a0 Pac T&T rf 31,5 '66 B Pac T&T 8%5 ‘68 C Para Broadway 3s ‘55 Param’t Pic 3% "47 Paramount Pic 6= '55 | Panhand EPL 4s '52. Penn Co 45 63 | Penn Dixte C 6541 Penn P& L 415881 | Penn RR3% 8 w1 | Penn RR 3%s 70 | Penn RR con 45 Penn R 41,8 81 D_ Penn RR4%s 84 . Penn R con 438 '60 Penn RR gn 4%8 ‘66 Penn RR deb 4145 ‘70 | Penn RR gen 6s'68 People GL&C rf 5547 Peoria & E 1st 4540 Peoria & E nc 4s '90._ Pere Marq 1st 4s"56. Pere Marq 4% ‘80 Pere Marq 1st 63°56 Phelps Dodge 3%s'52 Phila Co 55 67 Phila Elec 3158 '67 Phila & R C&1 6373 Phila & R C&1 6849 105% 100 105% 106% 107% 103 106% 6% 104 11t 117 1004 100% - 100% 95 99 100% 108 105 7 9914 1021, 4 106 « 1013 2 1011 6! 10915 102 101 117 10415 94's % 10413 934 110'y 4| Philippine Ry 4s 37 bury F M 63430 107"y StL41%s"42C Lalas 64 L4%s'11C Pitts C& 1 438" PItts&W Va 414560 C Port Gen El 415 ‘60 Postal Tel & C Potomac EI P3 Pressed Stl Car 58 ‘51 R-K-O 6341 Reading Jer C 48’5 Reading R 424m 97 A | Reading R 41397 B_ Rem-Rand 41,866 ww Republic Stl 4 %8 Republic St 4155 *61. | Republic St1 65854 Richfield Oil 45’52 Roch G&E 5562 E Safeway Stores 4547 StL-San Fr4s'50 A __ StL-San Fr 415’78 F 415878 cf st S Fran 6560 B . St LS F 5850 B ctfs. SULLS W 1st 4589 StPM&MEGrTr 41,549 San A & A Pass 48 Seabd A L 45 ‘50 stp. Seabd A 1, ref 4869 Seabd A L rf 48'69 cfs | Sieabd A Liad) 5849 Seand A L6845 A Seabd A L 68 45 ctfs. Seabd A-FI 65'36 A ct | Shell Un deb 3348 '51. esian Am 7s"41___. Simmona Co 4% 62 Socony Vac %850 . So Colo Pwr 6 47 A Southn Kraft 434 s'46 South Nat G 43861 So Pac3%s 46 | So Pac col 4849 | So Pac ret 4855 | So Pac 4145 '68._ | 116 104 877 £5'a 56 1413 1034 85 . 100 8214 10915 1005 135 12% 105 So Pac 4%s 69 So Pac 4%s 81. | So Pac Oreg 4 2| So Ry gen 48 +| So Ry 6394 So Ry gen 63 56 So Ry 6%8°66 _ S W Bell Tel 335 '64. Southw’n G&E 4360 Staley A E 4s 46 Stand Ol N J 3s Studebaker cv 65 '45_ Swift & Co 3% 860 Tenn EI Pw 65 47 A_. Term As St L 4853 Texas Corp $%8 51 Third Av ref 4s ‘60 Third A ad In ex 68'66 Tide Wat Ol 3365'62 Tol & Ohio C 3%s '60 Tri-Contl Corp 6s ‘53 Un Elec(Mo)3%s ‘62 Un O1l of Cal 33s '62 Un Ofl of Cal 68 42 A Union Pac 3%s 71 _. Union Pac 1st 4347 Un Pac 1st rf 4s 2008 United Drug 68 '63 U S Pipe&Fy 3%s'36 1 S Rubber 63’47 _ Utah P & L 6844 Uil P & L 68 69 ww Ut P& Lb6%s'47. vanadium cv 68 ‘41 Ver Sug 1st 7842 sufs V C&P 1st 4% u'34 ast Va I3 & P 1strf 45755 Va Ry 1st 3%s 66 A_ Wabash ¢3%s 78 Wabash 1st 68 39 Wabash 5%s 76 Walker H&S 47%8 45 Walworth Warner Bros cv 65 ‘39 warren Br cv 6s ‘41 Wstehr Lt gn 3%s'67. West Penn P 3358 '66 West'n Md 18t 48 ' Westn Pac 68 46 A _. West'n Pac 63'46 A as West'n Un 43860 . Westn Un cl tr 68 '38. Westn Un 65 '51._ West'n Un b8 '60 Wheel Steel 438 '66 W Sp Sti con 7s 3b et Wilkes B&E 1st 5842 Wilsom & Co 3% "47-- Wilson & Co 4s 66 Wis Cent 1st gn 45'49 'ngstn S&T 4s°61__ SCHOOL BONDS OFFERED. NEW YORK, Oct. 29 (Special).— Lehman Brothers and Phelps, Fenn & Co. offered today a new issue of $300,000 Union Free School District No. 7 of the town of Greenburgh, N. Y. (Hartsdale) 3 per cent bonds. The bonds were priced to yield from 1.40 to 3.05 per cent for maturities which range fl‘Dl:l 1839}0 1958. 903, 981y 132 100 ADVANCE WIDENS IN RETAIL TRADE Improvement Less Scat- tered as More Items Join Upward Trend. By the Associatea Press. NEW YORK, Oct. 29.—Retail dis- tribution provided the brightest spot in trade movements this week, Dun & Bradstreet said today in the weekly review of business. “While gains lacked uniformity,” the agency said, “improvement was less scattered and more items fell within the line of demand. “Reorders to balance fall inventories sustained wholesale volume, with holi- day commitments encouraged by pros- pects of larger payments to Christmas club depositors than a year ago. “Industrial progress was sldnwi.se. the rise in automobile and seasonal goods operations failing to counter- balance the dip in steel, metal prod- ucts and some of the textile divisions.” The agency estimated retail sales for the country as a whole at from 2 to 5 per cent ahead of the previous week and from 5 to 15 per cent better than the comparable week in 1936. Part of the enlarged turnover was attributed to promotions which featured price reductions. Percentage increases over a year ago in the major geographic areas were: New England, 5 to 12; East, 4 to 16: Middle West, 15 to 30; Northwest, 8 | to 15; South, 10 to 16; Southwest, 12| to 25, and Pacific Coast, 3 to 6. In wholesale markets the agency found the forward movement in most centers at a less hesitant gait. Re- placement orders continued to give most of the support, the review said, although more buyers searched mar- kets for off-price merchandise with little success indicated. Wholesale volume was estimated at from 8 to 17 per cent ahead of the 1936 period. Washington Produce | U S "standards. Jarge. | mediums 11041 oa: LIVE | mand light | Supplies light: | mand light: | Jumbo crates, Vew Yo ar | cars on track. Supplies mndermr demand Prices paid shippers net fob. Wash- ingion. By the United States Bureau of Agricultural Economics EGH Market just’ about prices. Government eggs: Whites, U. S U. S. extras mediums 6 uS standards. Nearby ' ungraded ewss. 28 to 20: whites. 32 to im paid on fancy lots, PoULTn L [ steady at araded ext unchnged” and dated large. 441, Market auiet red. heavy. 14 10 16 pounds pounds, Fruits and Vegetables. Seles in large lots by original receivers up o R a.m APFLES. Twe Washington arrived: two broken and three unbroken cars on track Bushel baskets. U No. 1. supplies lib- | Al demand" modcrate. tarker steady: Marviand, Pennsvlvania, Virginia and West Virginia. | Staymans. leinch minunum, 215-inch minimum. S -1.00: Grimes. 1.00-1.10; Ce- mostly around Golden ‘minimum a-inch minimum. 1.00-1.10 um. i n{n minimum mostly around mum. §5-90. Boxes and iRy IvanIs, SCCaraIng Vo sipe xtra fancy and fancy. 00: Golden, Deilclous. 1 Stavmans. 1.25-1.85 Grimes N emtosh, 1°10-1 C arade. 1.10-1.50 A" BEANS- Supplies vers light: de- market_weak. Long Isiand. bushel hamper SNAP BE. cartons 4000 Supplies moderate market steady. P green. flat fype round mostl¥ aro; 2.00-2 hampers 2.00: poorer. Florida. round. few best 0-3.00, CABBAGE—One Pennsylvania arrived one broken car on track. Supplies mod- erate: demand moderate. market steadv Pennsylvania.50-pound sacks. Danish tvpe. rail receipts mostly around 60: truck re- Virginia 1.00: nd stringless | ceints CARROTS—One California arrived: one broken and one unbroken cars on track. demand moderate: market lifornia. Western lettuce, crates. 90-3.00: Pennsylvania. bushel washed R—No steady. bunched. baskets. topped 5 CAULIFLOWE riot arrivals Supplies usht market " stead one broken car on track e mand moderate Long Island. crates. 1 CELERT Mo catio broken cars on track demand moderate: marki . washed. two-third one-half crates dozen. GRAPES—Three California arrived: one car unloaded: two cars diverted: six broken ra Toxa NONEYDEWS broken car on tra market steady all sizes: Colorado. according to” condition: California. 2,00 LETTUCE--Two California_arrived: one cars diverted: ten broken and thres un- broken cars on track. Supplies liberal: de- mand slow: market weak. California. Wes ern crates Iceberg tvpe. 5 dozen 2.50: few higher; poorer, 2.00. Onion Prices Steady. ONIONS—One rived: no steady. pound New Yotk setiows 1.15; Idaho and and moderate: " market s s, No. i man skie Washington. Valencias. larger. 1.40-1.50. PEAS—No carlot arrivals: two broken track. ~Supplies iight: demand market steady. California. 25 fair con- inches cars on moderate: carlot arrivals. _two broken and three unbroken cars on irack. Supplies moderate: = demand moderate: market steady. "100-pound sacks 1 goCobblers. Pen \imne . “mostly around 1.3 Green Mountains, nu‘m Burbanks. 1 SPINACH Supplies moderate: demand market weak Pennsylvania and Virginta: bushel baskets Savoy typ: SWEET ATOESReliet—Ro carlot o rOne SaTy o Tace. Sup- oderate; demand light: market North Carolina, bushel baskets Porto_Rica Jersey ‘type. 50- MIXED VEGETABLES—No carlot rivals. "two broken and one cars on track. AVOCADOS—Florida. bo: 75-1.00. BEETS—Pennsylvania, 25-35 per dozen bunches: BRUSSELS SPROUTS—California, 25- pound _drum: 'EROCCOLI——No ot arri one ken car on track. California, 00. Pennsylvania. bushel 1:35-1 50, 4 CRESTNUTS—Italian. 774-8 per pound. COTLANDSVireinia: busnel* baskets: 5. CRABAPPLES—New York, bushel bas- kets, J00-1.20 C BERS—Florida, bushel baskets. cmpwnun—m curlot, arrivals, two . unl cars on track. Idaho, ar- Is, o 1 baskets 35. OOMS—Maryland and Pennsyl- 3-pound_baskets. 5 ANG me California arrived: two ken cars on track. 5. as to grade and 3 PARSLEY — Pennsylvania. ti-bushel ARS—One Oregon arrived: _one broken and one_unbroken cars on track. Oregon. boxes. Bartletts. o £ EPPERS—Florida. Tvacbushel crates. PlNEAPPLm—Cuh- 3.50-4.00. hampers. arrived: Florida, boxes, 2.50 crates. bushel 23:2,00; veilow, 22.00-2.2] OB one Californik twa Drken and fyree unbroken cars. on track. California, lugs ripes and_turning wrapped, 6x6 and larger. 5> Bennsyivania. bushel bas- Ketsobped. 60: buncned 1-15: - RUBBER FUTURES. NEW_YORK, Oct. 20 (#.—Crude ber futures opened. firm. 9 lower to higher December; 15.20-25; March. 15.38- 48; May. 15. MONTREAL SILVER. MONTREAL, Oct, 20 (%_-8ilver futures November. rub- { 44 .65b: Deoemhcr b—Bi opened highes ember, et ll.fib&; rch. 44.00b. unbroken Smelter Reduces Copper Price to 1134 Cent Mark By the Associated Press. NEW YORK, Oct. 20.—A leading custom smelter late yesterday reduced the price of domestic copper to 11% cents a pound from the 12-cent level prevailing for two days. There Wwas no immediate indica- tion that domestic producers would follow the lead. Early in September the smelting division of the industry instituted a lower price than producers by lower- ing the metal from 13 cents to 12 and then advanced it to 12!7 cents. Early this week it fell back to 12 cents, and leading producers met this quotation. Washmgton Exchange SALES. Capital Traction 55—8$500 at 72. Potomac Electric Power 5% % pfd.—5 at 111%. AFTER CALL. Norfolk & Washington Steamboat Co. —10 at 90, 5 at 90. ‘Washington Gas Light pfd.—10 at 98, 10 at 98, 10 at 98, 10 at 98, 10 at 98. Mergenthaler Linotype—10 at 26. Notice—This exchange will be closed Tuesday next, “election day.” Bid and Asked Prices. BONDS. PUBLIC UTILITY. | Amer. Tel. & Tel. 4’2s Anacostia’ & Pot | Ana. & Pot ]C&PT:-) C Wash. Rwy. & Elec MISCELLANEOUS. | Chevy Chase Club 1st 41s | Col. Country Crup ist 4%s M. Coid Storage 55 STOCKS. PUBLIC UTILITY. Amer. Tel & Tel. (9) Capital Transit Co = N. & W. Steamboat (6)” Pot. Elec. Pow. 6 pfd (6) Po. El. Po. 5'2% DI, Wash. Gas Li. new Wash. Gas pfd. (4.50) Wash. Ry. & EI com. (36)_ 6 Wash. Ry, & El pfd. (5) 1082 BANK AND TRUST COMPANY Amer. Sec. & Tr. Co. (eX) Bank of Bethesda (h75) Capital 4) Com. & Savings (e10) Liberty Lincoln Natl._Sav. e | Br. Georges Bk. & Tr. Rigzs 1eb) gs pfd. (3) hinston (6) Wash, Loan & Trust (ef) FIRE INSURANCE American () 110 Firemen's (1.20) 2% Nationai Union (.60) TITLE INSURANCE 15 | 188 500 14 = 10 150 MISCELLANEOUS garpel Corp (2.00) nston Monotype (14.00)" | L ncoln S of Security ‘Storage (5) & Wh. Corp. ( . & Loth. com. & Loth. pfd. *Ex dividend. +Plus extras 75¢ extra. & 120 % extra )’ paid June 24 £11:¢ ex n 1937 DIVIDENDS ANNOUNCED NEW YORK Oct clared. (Prepared by the Standa tistics Co.): 29 —Dividends de- Extra. Pe. Stk.of Pay- | Rate. riod. record. abl | Manufac Cas Insur 10c 1-1 Virginia Coal & Iron _75 Mueller Brass | Tide Water Assoc Oil 10c Initial. s0c 1 1 - 11-4 1 11-8 1 11-10 17 ;LJY\GJKDZ.I New Q 11-10 11-18 | Increased | Hooven & Allison S48A1 Accumulated. | Wood. Alan. steel 7% ot 11-1 Passed. Second Investors Corp R I SL50 cv pf Regular. Amer Home Prod Amer Paper Goods._ Bandini Petro Bankers & Ship Ins $1 Bethlehem Steel Do Do of Colon Develop 67 redeem cv pf Do 5% redeem inc stk A Detroit Gasket & Mfs Sulphuf o pf Hamilton Wateh Do 6. pf Manufactur Cas Ins . Mid-Cont Petro 5 Monsanto Chem Z Oshkosh B ‘Gosh Inc Do $2 pf Pure Oil 8% pf 2 Stmbg-Carlton_Tel _1232¢ Union Bag & Peper 1 United Profit Shrs Virginia Coal & I E1 Shareholdings pf x81 Lehigh Coal & Nav Muelle: Brass Nail Gypsum 1st pf $1 Nat] Gypsum 2nd pf Quaker State Oil Tide Water Assoc Oil x—Optional 44/100 s 0DD-LOT DEALINGS. By the Associated Press. The Securities Commission reported to- day these transactions by, customers ‘with ot_dealers or specialists on the New Stock Exchange for October 28: purchases involvin; sales involving Toc” ooono?oo are of common. LARGE OR SMALL | ACCOUNTS INVITED Come in and letus give you complete facts. Every ac- count up to $5000 is fully credited semi-annually | Under Supervision of the United States Treasury Interslate BUILDING ASSOCIATION Washington Building 15th St. & New York Ave. District 9486 Sta- | 1-13 | rinaAaNCIAL, EXCHANGE ASKS PROBE OF SHORTS Twentieth Century Fund Gets Invitation—New Curbs May Result. By the Associated Press. NEW YORK, Oct. 29.—Wall Street speculators faced the possibility of new restrictions today as a result of a New York Stock Exchange move to investi- gate “short selling.” The Twentieth Century Pund, inde- pendent foundation which the stock exchange has asked to conduct the inquiry, was already on record as op- posed to some existing market prac- tices untouched by the Federal market control law. It went so far as to recommend four years ago that so-called “bear raids”— “short sales of unusual size” in a single stock in one day—should be outlawed as creators of artificial price slumps. Figures high in the stock exchange said they were aware of this, but prom- ised serious consideration to any changes the fund may propose. | The findings of the new study, one | prominent market figure declared, would “carry tremendous weight.” “This is not intended as a job to be engineered from the inside,” he added. “We picked the Twentieth Century Fund because we know it will do an expert, thorough and fair study with- out trying to grind any one’s ax.” Evans Clark, director of the fund, which was founded by the late Ed- ward Filene for study of contemporary social and economic problems, said the fund's trustees would have to de- cide whether to accept the invitation. In its study of four years ago, the Twentieth Century Fund recom- mended: (1). Restrictions on the amount of “short selling” in single issues in one day. 2). Promb'uon of such sales of “unusual size.” (3). Publication each week of the amount of egch listed stock which is held “short.” (4). Margin requirement for | “shorts” equal to that for “longs”| | (margin operators). *%% A—17 FREIGHT LOADINGS DROP 10 773,353 Week’s Drop Puts Total 5.3 Per Cent Below Level Year Ago. NEW YORK. Oct. 29.—The Asso- ciated Press seasonally adjusted weekly mdzx of freight carfoadings, based on 20-30 a5 100, declined today to 72.3 76.2 the previous week S Vear ako “"Range of recent years . 1936. 1935 0 R8s 711 £8.0 193 85 By the Associated Pri The Association of American Rail- roads reported today 773,353 cars of revenue freight were loaded during the week ended last Saturday ‘This was a decrease of 36,591 cars, or 4.5 per cent, compared with the pre- ceding week; a decrease of 42,889, or 5.3 per cent, compared with a year ago, and a decrease of 186,139, or 19.4 per cent, compared with 1930, The report classified the loadings as follows: This wk Miscellaneous 308 853 Less than carlot Last. wk ¥r aso —17.488 —2: c Grain and”~ products West. diste Live stoc] West diste Forest products 32 ore 3 WABASH FUNDS READY. NEW YORK, Oct. 29 (#.—On No- vember 1 Wabash Railway Co. will pay on 80 per cent of the face amount of coupons on first mortgage 5 per cent bonds due that date and 80 per cent face amount of coupons of Co- lumbia & St. Louis Railway first mortgage 4 per cent bonds due No- vember 1, A. K. Atkinson, treasurer for the receivers of the road, an- nounced. NEW YORK BAR SILVER. NEW YORK, Oct. 29 (#).—Bar sil- ver steady and unchanged at 443, Money for Construction Loans and BROKERS’ LOANS DROP 1 150 MILLION IN WEEK | | By the Assoctated Press. The Federal Reserve Board reported | yesterday that last week's loans to | brokers and dealers on securities held | by reporting member banks in New | York City totaled $779,000,000. For the week ended Wednesday | the total represented a decrease of $150.000,000 when compared with the previous week | Loans for the corresponding week | a year ago totaled $972,000,000. } C.B.&Q. CERT|FICATES ; AUTHORIZED BY I. C. C. | By the Associated Press. | The Interstate Commerce Commis- | sion authorized the Chicago. Burling- | ton & Quincy Railroad yesterday to issue $3,650,000 of 2'; per cent equip- ment trust certificates for the pur- | chase of new equipment. The certificates are to be issued by the First National Bank of New York and sold at 100.277 and accrued divi- dends. DRUG CHAIN SALES GAIN. September sales by chain drug | stores increased 4.5 per cent over August and 3.9 per cent over Sep- tember a year ago, the Commerce De- partment_reports Own Your Home Outright in 20 Years $9.50 per $1,000* per month pays all carrying charges and taxes. *Approximate. Consult SHANNON & LUCHS Mortgage Loan Correspondents INVESTORS SYNDICATE 1505 H St. N.W. NAtl. 2345 First Mortgage LOANS IMPROVED REAL ESTATE At D% Monthly Payments If Preferred Construction Loans District of Columbia, Nearby Md. and Virginia K \ N \ \ N N \ N N N N N N N N N N N \ N \ \ N \ \ N N N N N N \ N N N N \ N N \ N N \ N N N N N N \ \ \ N WM J. FLATHER, Jr., NA. 1753 TC PURCHASE OR REFINANCE INTEREST as low as 5% NO COMMISSIONS. NO RENEWALS. Easy Monthly Payments as COLU T16—11th Opposite Palais Royal Loans on Existing Properties % FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat’l 0350 The Home Loan and Savings Association 1520 K Street N.W. is fully equipped to satis- factorily handle all mat- ters of a Building & Loan Association. Under U. S. Treasury Supervision b = s REAL ESTATE LOANS Before you buy, build, re- model or refinance your home or business property, let usgo over your problem with you. We will save you commissions and renewal charges—and in joining this Association, you share mutually in the profits. NORTHERN LIBERTY BUILDING ASSOCIATION 511 SEVENTH STREET, N. W, Established 46 years MEMBER OF FEDERAL HOME LOAN BANK SYSTEM AND LOAN LEAGUE AND LOAN LEAGUE Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia Prompt Action B. F. SAUL CO. 925 15th Street Natl, 2100 ings here are protected by Federal Insurance up to $5,000 Low as $7.50 per $1.000 MBIA BUILDING ASSOCIATION St. N. W.