Evening Star Newspaper, October 29, 1937, Page 19

k v CURB LIST LOSES PART OF UPTURN 8 Early Gains of Fractions to $3 or More Cut by Late Selling. B3 the Associated Press. NEW YORK, Oct. 29.—The curb market rallied smartly today, with Jeaders gaining fractions to 3 or more points, but later selling shaved some of the advances. Reports circulating in Wall Street the President at Hyde Park had inti- mated changes in the capital gains tax and undistributed profits surtax might not be forthcoming were cred- jted with responsibility for the flurry. Subsequent reports indicated Mr. Roosevelt had made no direct com- ment on these taxes to reporters at his press conference Issues ahead fractions to as much as 2 points as the final hour of trading neared included American Gas & Electric, American Light & Traction, Pittsburgh Plate Glass, Northern States Power “A” American Cyana- mid “B,” Creole Petroleum, Electric Bond & Share and Gulf Oil. Newmont Mining stood out with an advance of more than 4, and Sherwin- Williams added near! as much. Montgomery Ward “A," issue, dipped 2 points. 14 Auto Production Drops to 90.155 Leve! for Week| By the Associated Press. DETROIT, Oct. ‘Ward's Auto- motive Reports today estimated the| ( srrent week's output of the automo- | le plants at 90,155 cars and trucks, | 'n\)w(’d with 91,905 last week and | %1095 a year ago at thi The s ey said that facturers will continue to produce at their present levels until either de- cided acceptance or disinterest is mani- fested in their new cars.” It pointed out, however, that the Ford compar not yet in volume production on its new models. 103 a7 103 R0 01y Detroit C_G tis ' Det Cit Gs I 64 10534 | Mar Res Pwr Afidlan VR R Mil G & E 4! Minn P & L, Miss_Pow Mo Pub Sv Muns 8 S 6135 Nat P & L fis Nat P & L 5s Nevad_Cal El New E vew Sew Sew New 9e0p L&P 55 "7 Sits Steel 65 48 ‘40 4| EastGas&F.____ A Unit It % Pw 5lbs Unit Lt & Py 6 York Rwy Co 5 , FOREIGN anover Py 6135 40 __ 18 endoz P 45 ‘5L stp U. S TBEASURY NOTES. NEW YOR (. —Prices quote 1o Golareoand Shisty-sceons, 1o duoted Month, Year. el e .’.' B 1688 PHILADELPHIA PRODUCE. PHILADELPHIA, .20 (P .—Live ultry: Plymouth Rocks. mixed colo: - : pullets Rocks. 26-28: Spring chickens, iymouth Rocl 25: _springers. 12 newls httchedh brojlers, 9: turkeys, young hens. : K P Cruseovy ducks. white Chee: = dressed poultry unchange red. winter, garlicky, Oc- Ye-41: 3614: 91 gcore. 'Etgs. 8333 cases, firm: extras whites rnnd Towns, 4143 mixed colors. 39-41 ‘Wheat. No. tober delivers. Butter. top Krndes. 37 92 score. a high-priced | valNCLIAL Stock and Sales— Dividend Rate. Add 00 High. AeroSup MfgB. 12 Afnsworth(.75g). 1 Air Devicey 13 Ala Gt So(1%8)- Ala Pow pf (6)_ 508 Ala Pow pf (7). 1108 Allied Products 4 Allied Pr A (1%) 100s Alum Co Am . 13808102 Alum Co pf (6)-- 1008 112 258 Am Beverage _ Am Box Bd 1. 2('2. Am Capital (B) .. 1 Am Centrifugal _ 18 Am Cit P&L(3h). 200s A CP&L ww 2%h 5 A CP&L B(.30g) 12 Am & Fgn P war. 4 Amer Cap (A) 4 | Am Cyna B .60a 6 AmFk& H (1a). 1 AmG & E1(1.40). 52 AmG & E of (6). 3758 Am Gen $2 pf(2). 50s Am Hard Rub 1508 Am L&T(1.208 11 Am L&T pf(1%). 1 Am Mfg (3g) .. b0s Am Maracaibo Am Seal Kap 208 Am Sup Power._. Am Sup P pf Am Thrd pf(%)- Anch Post P ___ Angostura (.30g) Appal EI P pt (7) Apex Elec (.30g). Arctur Rad Tube. Ark Nat Gas Ark Nat Gas A _ Ark Nat Gas pf Ark P&L pf(7) _ Ar: Met Wks(.80) 814 | Ashld O&R(.40).. 4'n | 1t 1% 113 30 1% 3 4 103 H\u S i 7 208 71 AsG & El pf Atl Coast L 2.25e Atlas Corp war. Atlas Ply 1.758 Austin Silver M_. 3 Automat Prod 2 2% Avery&Sons .60g. | Babcock &Wil(4) 14758 Baldwin Lo war 38 Baldwin Rub .50a 2 | Bath | W(6%E) 2 Bellanca Alrc Barium Sta St . Beaunit M 1.30g - Bell Alre | Bell T Pa pt(6%) | Berk&Gay wurn . ~ | BirdsboroSF.50g. Bliss (E W) cod EBlue Ridge (.15&) Blumenthal (S) Bohack(HC)1 pf. 10 72 5l 9 | Bourjots { Bowm Bilt H1pf | Bow Bilt H 2 pt Breeze Corp Brewster Aero BridgptMch .758. Brill A_ Brill B Brill pf Brown Co pf Zee BN&E P pf 1.60 BN&EP 1 pf(5) Bnk HI & S(13%) | Burry Bise (%4g) Canind AlcA __ Can Marc Wire _ Oh). mR e d W | Carrter Corp Carter (JW) .60g Casco Pr (2%8) - Catalin Am Celanese 1pf(7a) Cen NY Pwrpfs L,m n & Sw Ut | Con Sta E17% pt Centrif Pi (.40) « Ch MW Str (.80) Chi Flex Shft (4) Chief Cons. 15| Childspt ___ | Cities Service. | Cit Serv pt Cit Serv B B pf. Cit Sve P $7 pf City Auto St 458 , | Claude Neon Lt__ Cleve Tract % Colon Develop Colon Devlev pf. Col Fuel&! war _ | ColtsPatF(14g) Colum O & G Compo Sh M (1) Comwlth Edis 1% Comlth & So wi | Com Wat Sve . { Com P&L 1 pf | Consol Biscuit.. Cons Cop Min .. Con G&E B(3.60) | Cons Gas Utll _ Cons M&S 1.50g- Cons Ret Strs ._ | Cons RS pf (8) | Cons Royalty | Cons Steel Corp | Cont Roll & Stl Cooper-Bess Corroon & Rey .. Cosden Petro | Cosd Pet pt | Courtaulds .372 Creole Pet (.50g)- Crocker Wh Croft Brewing Crown Cent (.10g) Cron Ck IntA(1)- Crown Drug Cuban Tobacco. Cusi Mex - Darvy Pet (%) Dayton Rub Derby Oi1 Det Gray Ir (. Det Pap Pd (% Det St Prod 1.502 Diveo Tw C(.40) - Dom St & Coal - DraperCp(2.40a) Dubilier (.15g) - Duke Pwr 3.5782. 508 Duro Test (.40a). 1 | Duval Tex. 1 Kagle P La .30g_. o PN O TN 130 50 0 ke 3 bs 0 10s 1 21 2 2008 a0 E G&F 6% pf! E G&Fpr pf(4%) East Sta Corp Estn States pf A_ 1158 Easy WM(B).75g 1 Edis Br Strs (1) . 1 Eisler El (3%1) . 1 El Bond & Sh . 434 Kl B&S $5 pf (5). 6 El Ba&Sh pf(6) _. 8 El Pow As (.158) 4 EIP AsA (.15g). 10 EIP&L war __ 3 ElP&L 2dpf A 40s Elect Share . 10 Elect Sh pf (6h). 25s El Shov Coal pf_. 508 Emp Dist E1pf _ 50s Emp G&F 6% pf. 200s Emp G&F 1% pf 7008 Emp G&F 8% pf. 200s Emsco D&Eg (1) 2 Equity Corp - 7 Esq Coronet 305- 2 Evans Wallo 40 Evans Wallow pf 300s Bx-Cell-O (.602) - Fatrchild Av . Falstaft Brew Fansteel Metal... Ferro En 1508 Fidello Brew Fire As Phila 2a_. Fisk Rub Fla P & Lt §7 pf Ford M Can A (1) Ford M Can B (1) Fd M Ltd(.213g) Frankln Ray .608 Froedtert(1.35g8) - Fruehauf T .85g . Gatineau Power. Gatineau P cu pf.. Gen Lnvest Gen Tele (1a) - Gen T&R Apf(6) Glen Alden .25g .. Godchaux Sug B. Gorham Ine (A)_ Gorham vte 2.75g Grand Nat Films Gr Rap V (1) Gray Tel P8 (1). Gt A&P nv (6a).. Low. Close. 112 112 70 72 12% 1% 121 Y2 2 26'% % 102 10’4\4 25% 12% 4 4 103 103 14% 14% K 4w 4% 7 kit 84 4’ 1% 1% 11% | MichG &O | Mich Steel T(18) { Noma ElI (. Stock and Dividend Rate. Alld 00 NEW YORK CURB MARKET (By private wire direct to The Star.) High, Low. Close. Gt A&P 18t 91(1) 25- 1"0 123 120 Green T & D Groc St P.12%g. Guard Inv Gulf Ol (. 'Iaz)__. Hall Lamp(.30g). Haloid (1) - Harvard Brew Hat Corp(B).80g. Hn D Strs(1.66g) Hecla Min (.70g). Helena Rubin. Hoe(R)&Co A . Holophane 2.20g Horn (AC) ... Horn&Hard(2) .. 1508 Hud BM&S(%g). 35 Humble Oil 1%g. 5 Hummell (.60g) . Hygrade Fa 111 lowa Pow 111 lowa Pow pf. 111 la P div ot 111 Zine (.75g) - Imp Oil Can 508 Im To Can .52%K% Ind Pipe L (.80g) Ind P& Lpf6%. InsCN Am(Za). Intl Cgr M (2a).. Int Holding . Int Hyd-Elec pf.. Intl Pa&Pw war. Intl Pet (1%a) .. Inter Utll B Intl Vitam (.50) . Int Home E(.44). Inters Pw Del pf. 20011 Inv Royalty .06a. 12 Ir Fire vte (1.20) lDUl Irv AiIr Ch (1) - Ital Superpwr A 6 Jacobs Co (%g). 12 JeannetteGla .. 3 Jer C P&L pf(6). Jer C P&L pf(7). Jonas & Nau .30g. Jones & Lau Stl. KenRT (A).75g. Kennedy's(.60g). Kingsbury Brew. Kingston Pr(.40) Kirby Pet ... . Klein(IE)Ine(1). Kreug Brew 148 Lake Sh M (4a) Lakey F&M .15, Lefcourt Real pf. Lehigh C&N(.30) Leonard Ofl ... Lion O1l (i8) Thomas J Lipton Lockheed Alrc - Lone St G(.40g) Long Is Lt Long [s L pf(7) . Long I L pf B(6). Loudon Pack Louls LEE(.40 Lucky Tiger ... Lyneh Corp (4g) - 2 McCord Rad B . MoWiil's D 1.25g. Marton St Shov Mass Util Ass Massey Harris _ Maste~ Elec 1.60. Mead John (3a) Memph N G .308 MercantStrs(3g) Merritt-C&S - | Mer-C&Spf A Mesabi Iron _. Mich Bumper Michigan Sug Mich Sug pf .50k Micd St Pet A vtc. Midvale (3%38) .- | Midwest Abr _. | Midwest Oil (1) - Mock J Voch .45g Molybdenum Mngrm Pictures. Mont Ward A(7) Moore Cop (1.60) Mount City Cop Mount Prod (.60) Murray Mfg .90g Natl Automotive Bellas He: Natl Container 1g Nat Fuel G (1) Nat Oil P (1.108) Nat P & Lt pf (6) 500 Nat Rub Mch_ 9 Nat Service _ Nat Sug Ref (2)_ Natl Tunnel & M. Nat Un Rad = NavarroOil(.40a) NEng P Apf(6). E T&T (4%8) - H Clock (1%) . J Zine (4.502) N Mex & Ariz | Newmont (23 g) | New Process 1 508 Y Mer (.80a) _ Y P&Lt pf (1) Y Shipbldg Fd. NY Wat Ser pf__. Niag Hud Pow _ Niag Hud 1p£(5) Niag Hud A war.. Niag Hud B war.. NeShMdB( Niles-B-P 1.50a UE) - Nor Am Lt&Pow Nor Am L&P pf No Am Ray B 2g. Nor Am Ut Sec N Cen Tex(.15g) - Nor Europ Oil NorStP A Ohio Ed pf (6) - Ohio Oil pf (6) - Okla Nat Gas - Okla Nat Gas pf._ 3 Oldetyme Dist PacG&E5%pfl% Pan Am Air(.258) Pantepec Ofl .. ParkbgR&R 80g. Pender Gr A 3% Pender Gro (B) .. Pennroad (.258) . Pa P & L pf (6)- Pa P&Lt pf (7). Pa Salt (5%g) . PharisT & R .6 PhoenixSec(%a Phoenix Sec pf3._. Plercé Gov (.60) - Pitney-Bow (.40). Pitts Forg Pitts P1 G1(5%g) Pleas Val W 15g. Plough Inc(.80¢). Polaris Mining .. Potrero Sugar Powdrell&A 558. Pratt&Lam 1%g- Premfer Gld .12 Prod Corp Prosperity B.. Pruden Inv P S [nd $6 pf_ P S Ind $7 pr pf Pug S P $5pf6 %4k Pug Sd P $6 pf Raym Conc (1a) Raym Conc pf(3) Reed Ro Bit 80a. Reynolds Inv . Rice S DG (.75g) Richmond Rad.__. Rio Gr V G vtc_. Root Pet (%g) Royal Typ 4 %8 - Russeks F A (%) Rustless 1 &S __ Ryerson & H __ Saf CH&Lt 6%g- St Regis Pap - St Regis Pap pf.. Sampson Unit Scovill Mfg 1%g- Ses 10t P O T P ey % 23 E Seiberling R\Ib Selby Shoe 1.60 Select Industri 2 Selec Ind al ct 53 200s Seversky Afrc . 12 Shattuck Denn__ 17 Sherwin-Wms 4a 150s Sherw-Wms f 6. Simmons H&P . Simplic Pat.50g.. Sonotone (10g) Soss Mfg (%) - So Penn Ofl 1%a. S Cal Ed pf 1.50a._ SCEABpf13 So Coast (.30g) - Southl'd Roy .40 ## | Spencer Sh 1.20g- Stahl Meyer Stand C& S1.60a Std C&Scvpf 1.60 St Ofl Ky (1a) . St O11 Ohto (1) St Of1 Ohio pt §. St Pow & Lt Stand Silver&Ls 25% 25% 25% A K,k & | equal to 8 cents a class “A” |.B. M. EARNINGS SHOW BIG GAIN $6,572,666 Compares With $5,738,406 for 9 Months of Last Year. By the Associated Press. NEW YORK, Oct. 29.—International Business Machines Corp. reported a net income in the first nine months totaled $6,572,666, after charges, taxes, etc., equal to $8.47 a share on the capital stock. This compared with $5,738,406, or $7.76, in the first nine months of 1936. In the September quarter net in- come was $2,608,618, compared with $2,261,905 in the September quarter last year. Gillette Safety Razor. Gillette Safety Razor Co. of Boston reported net profit in the first nine months was $3,424,202, equal to $1.15 a share on the common stock, com- pared with $3,422,177, or $1.13, in the comparable period last year. Babcock & Wilcox. Babcock & Wilcox Co., manufac- turers of boilers and machinery, re- ported for the nine months net profit of $944,402, equal to $4.21 a share on 223,990 shares of capital stock. This compared with a net loss of $132,949 in the similar period of 1936. The figures are exclusive of the company's proportion of undistributed net earn- ings of companies more than 50 per cent owned. American Metal Co. American Metal Co. for the quarter ended September 30 reported consoli~ dated net income of $1,081,184, before the Federal undistributed profits sur- tax, equal after preferred dividends to 80 cents a common share, against $342,769, or 20 cents a common share, in the like 1936 quarter. Mid-Continent Petroleum. Mid-Continent Petroleum Corp. for the September quarter reported con- solidated net income of $1,512,118, before the Federal undistributed prof- its surtax, equal to 82 cents a com- mon share, against $1,860,735, or $1 a share, in the preceding quarter and $1,784,410, or 96 cents a share, in the like 1936 quarter. E Kelsey-Hayes Wheel. Kelsey-Hayes Wheel Co. for the September quarter reported consoli- dates net income of $24,004, before the Federal undistributed profits surtax, share. This compares with net income of $587,410, or $1.09 a share on combined class “A” and “B"” stock in the pre- ceding quarter and $42,140, including non-recurring profit of $203,692, or 14 cents a class “A” share, in the September, 1936, quarter. Freeport Sulphur. Freeport Sulphur Co. for the Sep- tember quarter reported net income of $699,518, after the Federal undis- tributed profits surtax, equal after preferred dividends to 85 cents a com- mon share, against $495638, or 60 cents a share, in the like 1936 quarter. | American Ice Co. American Ice Co. reported consoli- dated net income for the quarter ended September 30, $535,709, before Federal surtax, equal to 58 cents & common share. This compared with $616,752 or 73 cents a common share in the like quarter last year. For the 9 months net income was $521,817 or | $374 a share on the 6 per cent pre- ferred stock, compared with $305361| = -, or $2.19 a preferred share in the same | 1936 period. JOINS RAIL BOARD. NEW YORK, Oct. 29 (#).—Charles R. Hook, president of American Roll- ing Mill Co., was elected a director of Cleveland, Chicago & St. Louis Rail- road at the annual meeting to fill a vacancy. Stock and Sales— Dividend Rate. Add 00. High. Low. Close. Stand St1 Sp.50g- 3 1l% 1l'a 11% Stand Tube B .. 1 4% 4 4 Starrett Cor vtc. 8 Sterchi Br Str. Ster] Inc (.20a Sterl's Alum .75g 3 Stetson(JB) .508 400s Stroock & Co 2. . 200s Sunray Oil(.25g). 14 SunrOecvpf 2% 2 Swiss-Am El pf_. 150s Taggart - 2% 513 el 5'a 344 67 12 15% 3% 36 110 108% 6% 1 0 3 3 1 Technicolor .50g- Tech-H G (.40a) Tenn E P 1st pf 7 Tex P&L pf (7). Thew Shovel Tob Pro Ex .275g. Todd Ship (2) - Trans-Lux (.20). Transwest Ofl. Tri-Cont war .. Tubize Chatillon. Tubize Ch(A) 4g. Tung-Sol L pf.80. Un Gas(Can).80_. United Airc War. Unit Corp war. Unit Gas - Unit Gas war.. Unit Gas pf (7) Unit Lt & Pow Unit Lt & P cv of Unit Pr Sh (.10g) Unit Shipyds A_- Unit Shipyds B - Unit Shoe M 2%a Unit Spec (1.40) _ U S Foil (B) .60%. US&Int Sec pf 5k. US Linespf . U S Radiator—.-. U S Rub Reclaa. U S Stores. United Strs vio_ Unit Ver Bxt 18- Unit Wall P.16g- Ut Idaho S .15g __ Uth P&L pf 2.92k Util Pw & Lt (r) 3 Utll P & L pf (r) 3008 Util Bquit pf 5%. ‘508 Utility & Ind pf.. 2 Valspar Corp vte. 25 Venezuela Petrol. 2 Vogt Mfg (.808)- Wag Bak’g 1.208- Walker Min _ Wayne Knit M. Weisbm B B .40a. Wellington Oil.. Wentworth .25g-. West VaC& C.—. West Air Exp... West Tab & S(2). 50s W Tex Ut pf (6). 508 wil-Low Cat (r). 1 Wwillson Prod 1a.. 1 Wright Har .40a. 14 Ygstn Sti Dnew.. 27 Yukon Gold.122- 5 2 28 r in_bankrupticy or rleelnnhm weing anised under the Bankrup et dividenas in.the toreRoiny are annual disbursements based on \E semi-unnus] declaration e harwise noted. becial of extra divi. dends are not \nr.lu 8 Also extra extras. e Paia Iast year lPlnb'o in nul or paid far no ook, X Accum lsred tals year. nnu“ T% Without NE Prev 1037 Stock and High. Low. _ Dividend Rate, 22% 6% US Leather Ao 72% 24 U S Pipe (3) 19% 84 US Realty & Imp_—. 20 US Ruober 48 U S Rubber 1st D!_- 57 USSm& Ref (3g).. 63 U SSmeltof (3%). 51% U S Steel (1g) 150 100% U S Steel of (7). 9 27 Unit Stockyds (*). 1 Unit Stores A 11% Univ-Cyclops St(1) 29 Univ Pictures 1st pf % UHIP&Lt A (). % Vadsco.. 9% Vanadium Steel - 14% Van Raalte (2%g) . 36% Vick Chemical (2a) 2% Va~Caro Chem - 18% Va-Caro 6 pf(13%k). 3% Va Ir Coal & Coke - 8 Va lron Coal & C pf. 2 Wabash Ry (r) 2'4 Wabash pf A (r)... 2% Wabash pf B (r)__. 1% Waldorf Sys(.80g) - 18 Walgreen (2) Walker H G&W(2) . :30 p.m. Bale Ward Baking B____. Warner Bros Plct__ Warren Bros (r) __ Warren Br cv pf(r) Warren Fdy &P (2a) Waukesha Mot (1a) Wayne Pump (2a) _. 4 Webster Eisenlohr_ Wesson O & S (%4a) W Penn El1 A (7) W Pen BI 7% of (1) W Penn P 6% pf(6) West Auto Sup 1.60 Western Maryland. 115% 110% 30m 16 1% 2% os— Add 00, High, 21 10% Prev 1037 4% Wilson 56% Wilson 55 7% Yellow 95 Yellow 21 25 70 12 &OITF 101% 115 43% 9% Yngstn ~ =t 11:00 A M._. 1:00 P.M. FREFEFTIFE T e tion. included x Ex dividend last year. year ciared this vear Fll+4+++++444444+4 +4 ;5 5% HUMMEL-ROSS VOTES DIVIDEND OF 20 CENTS By the Assoclated Press. HOPEWELL, Va, Oct. 29.—Di- rectors of the Hummel-Ross Fibre Corp. have declared a dividend of 20 cents per share on common stock, pay- able November 15 to stockholders as of November 1. The corporation reported for the nine months ended September 30 profit available for the common stock amounted to $603,563, equal to $1.55 per share on the 389,611 shares out- standing. This compared with $275,870 avail- able for common stock for the same period of 1936, equal to 71 cents per | share on the same number of shares. DOLLAR MOVES DOWN IN LONDON DEALINGS By the Associated Press. LONDON, Oct. 29.—The States dollar closed at 4.96 3-16 to the pound in foreign exchange deal- | ings today, a net decline of !> cent, compared with $495% for sterling in New York yesterday. French francs held at 147.31 to the pound despite pressure of continental | selling. PARIS, Oct rentes, 73 francs; 425 “A," 1937, 103.50. Exchange on London, 147.26 dollar was quoted 29.68'z. 75.30; 4'28, The 0IL DIVIDEND ORDERED. NEW YORK, Oct. 29 (#).—Directors of Mid-Continent Petroleum Corp. de- clared a dividend of $1 a share, pay- able December 1 to stock of record | | November 8. On June 1 the company paid 50 cents and last December 1 a payment of 75 cents was ordered. INSURANCE STOCKS NEW YORK Security Dealers' Associ City of N Y Conn Gen Life (.80) Contin CRV ll 200 i oD Newark (.30) Frank Fire (12) Reinsur (2) Gien Fabs (1,600 Globe & Rep (.80a) Great ‘Amer (ia) Hnover (1.60) = Hartford Pire (2) | Home Fire Sec Home Ins (1a) Homestead (1) Knickerbocker (.80) Lincoln Fire Maryland Cas = Mass Bond (3'5) = Merc Ins Pr (.152) _ Natl Fire (2) Natl Liberty (20 £ New Hamoshire i 600) Fire (.80a) Roren Riger (1) .- Phoenix (2a) Prov Wash (1) Revere (P) In (1.30) ~ _ Rhode Isiand Tns (:208) Rossia Ins (1o8) __ St Paul Pire (8a) __ Sprinefield (4128) Sun_Life (11%g) Travelers (16) re Weatenester (1.20) a—Also extra or extras. g—Declared or nmd so far htis vear. FOREIGN EXCHANGES NEW YORK, Oct. 20 (#.—Foreien exchange firm: Great Britain in dollars. others in cents, Great Britain. demand. 4 9612; cables. 4 60-day bills. 4.957. Prance, demand 7. Ttaly, demand. i’..eu cables. folland, 5.60: zerland, 4.51; crechoslovakia: ustria, 18.860: Fimantar Arg! a. R.80Yn; Tokio. 3110:" Mexico City, | 100.041 Montre e n—Nominal. York in Montreal, U. S. TREASURY POSITION. By the Associated Press The position of the Treasury October 27: Becelpte, Ja2.9 3; expenditures, 016.40: Cinlance. S3.080,434: 61 cusioms receipts for the month, 53" 54R,084.05 Receipts for the fiscal year (since Juy 1), $1.052,038,028.70; expenditures. $2. 495.482.011.44, including ! of emergency expenditure penditures $542.543.082 gross_debt, s: 0,77 an_increase of $2.- TSR 80145 over the' previous dav: gold assets, $12.801,055.988.45, including $1.- 269,539.973.53 of inactive gold. FOREIGN MARKETS. ON, Oct. 29 (A.—The stock mar- ket closed steady, with prices holding firm most of the day. Industrials sold higher, esnechlly rayon. tobacco and motor es. Transatlantic securities Were active at higher quotations and gilt- edged issues were also in demand. Min- ing shares. oils and foreign bonds held steady. while home rails eased. PARIS.—Prices moved irregularly in the Bourse. with electric and coal issues sell- . Rentes closed 25 centimes lower to 50 higher and Royal Dutch gained 64 francs. Industrial and inter- national securities were in_good demand and Buez Canal moved up 50 irancs METAL MARKET. Oct, 20 (P.—Copper Guleksiver. 35.00; o “imimins: antimony, piatinim and wolframite unchanged. MONEY MARKET. NEW YORK, Oct. 20 (#).—Call money 1 per cent all day Prime com- per cent. ‘Time loans A6 months, 112 ces unchanged. dlscollnl nu. New Yorb‘fleuru Bank, 1 per cent. United | 29 (#).—Three per cent | 90 Westhse E&M pf 4[ 10% Weston EI In .76% - 10% Westvaco Chl (1) 24 Westvaco Chl pf 1% 19 Wheeling Stl 60 Wheel Stl pr of (5). 14% White Dental(1.20). 6 White Motor . 2% Willys Overland .. 6% Willys-Ov'd pf .60. 35 Woolworth (2.40).. 12 Worthington Pump. 54% Worthington pf A_. Wor P&M pf A stp.. 40 WorP&MpfB _ 50 Wor P&M pf B stp. 58% Wrigley Jr (3a) 28% Yale & Towne (.60). Youns Spring (3)-.. Ygstwn Sh& T (4). Zenith Radio (2g) 2'% Zonite Prod. Approximate Sales of Stocks on the N. Y. Stock Exchange. 3 Actual sales: unit of tradin r In' bankruptey or rzcewcnfi bankpupicyact or Geciitics assamed by e 5 0 ividends in the foregoing table are annu - bursements based on the 1ast auarierly or scii-annusl declara: Uniess otherwise noted special o extra dividends are not 1 Pavable in stock b Cash or siock. © o FINANCIAL. W YORK STOCK EXCHANGE (Continued From Page A-18.) L 30 p.m. moo. High, Low. Close. chle 1 9% 9% 3% 32% 28 104 16% 15% 251 8tock and Dividend Rate. ‘Western Md 2d pf.. 106% +2% 16% +1% 16% + % 25 +1 3214 4215 65 +2 16% +2% 13% + 2% + 18% + 3 o 4+ 8% + ) 7T + 62 +2 4+ % 22% +1% 71 +5 72 +7 625 +7% 6214 +6% €@ - % 30 +1 13% + % 98 +3 27% +1% 45% +2% 80 47 23% o+ % & Co (%4) .. 36 pf (6). .. Truck .. .. Trk pf (7). l'i’a 98 27% 46% 80 244 4 S&T pf 6% e— ] 3 . 600,000 1,790,000 12:00 Noon.... 2:00 P.M...... 10 shares 1D, 0F being 1,300,000 2,380,000 reorganized under companies. xr Ex rights, a Also extra or extras, e Pald clared or paid so ‘far this k Accumulated dividend pald or de- Security Offerings Remain Smaller Than Last Year | By the Associated Press. NEW YOREK, Oct. 2. —New financ- ing for the week ended October 28 | | from $10,864,500 for the previous week, | but far below the corresponding week last year, a compilation by Poor’s Pub- | lishing Co. showed today. ‘The comparative table follows: Week ended October 25. Year ago | Municipal 9,142,000 | Publtc ut ) Industrial Railroad Stocks 2 Misceilaneous _ Total | amounted to $19,058,000, ar increase | THE WEATHER District of Columbia—Fair tonight; tomorrow fair and warmer; gentle to moderate west winds shifting to south- west tomorrow. | Maryland and Virginia—Fair to- night; tomorrow partly cloudy and | warmer, West, Virginia—Fair and warmer to- night; tomorrow partly cloudy and warmer, River Report. Potomac and Shenandoah Rivers very muddy and 20 feet above normal at Harpers Ferry; very muddy and 5 Revort for Last 24 Hours. Temperature. Barometer. Yesterday— Desrees. Inches. 4 pm 8 s pm. Midnight ‘oday- INVESTING COMPANIES NEW YORK. Oct /. —New York | Security Deaiers’ Association Admin Fd - Am Am Gen Eq Inc Am Ins Stocks & Bancamer_Bla; Bankers Nat Tnv Corp Basic_Indvstry Boston Pund Inc Broad st Iny Pun ock zat AA orp Tr AA moc Corp Tr Accum Ser Cozp Tr Acc mod Cumulative Tr_Sh | Depos Bk Sh N Y Devos Ins Ehrs A n n Fond 1nvestors InG. Fund Tr 8hs Pund Tr Shrs B __ Gen Capital Corp - Gen Investors Tr Group Group Group Group Group Ses Group Group Sec Sec Munine Sec Petroleum Sec R R Equip Groap Sec Steel Groun Sec Tobacco Huron Holding | Incorp_Investors Inst] Sec: Bank Group Instl Sec: Insurance Investors Fd “C" I Keystone Keystone Ky Sec Asriculture Group Group Group Custodn B Custodn B - Custodn K 1 Custodn K 2. Custodn 8 ° Keystone Custodn S 4 Major Shrs Corp | Marzland Fund Mass Invest Tr | Mutual Invest ® Plymouth Fund Inc Quarterly Incom Schoellkopf- Hmmn % Pora- Selected Am Sh I Selected Tneome Sh - Trusteed Trusteed m ndustry Shrs___ Wellington Fund = CHICAGO PRODUCE. CHICAGO, Oct. 29 (#.—Butter, + prices unchanged. Eggs, Steady. extra. firsts. cars and. jocal, fresh-graded firsts, ‘cars and local, 2! current receipis. 2 Potatoes, 80. on track, 391: total United States shipments. 578; weaker. supplies rather heavy; demand slow: sacked. per hundredweight, Idaho Russet Burbauks, U. 8. No. 1, i.30-40: No. 2. 1.15° 9.247 4514 t . 1.05; Wisconsin found whites, : 1; 1,00; Michigan Russet Rurals, i trucks: steady. Hens, % pounds up. 2 Leghorn hens, 1414; springs, 4 Doun and less than 4 pounds’ colored. Piymouth Rock. White Rock, broilers, colored. =4 Plymouth and Whité ck and Leghorn ciick- 15; Leghorn roosters, ldyounl. old, 20} youn g 3 No. 2 turkeys, oung ducks, 4% pound s up. colored, Y: white, 19%; small. coloréd, 16%; white. 17%: geese, Dréssed " mucker steads, prices un- changed. CHICAGO LIVE STOCK. CHICAGO, Oct. 20 (P (United States Department of Agriculture) “CHogs, 7 000, ) direct: market fully nuuly Sars Average: 0B, 9.50; bulk Food and choice, 180-330 pouns 25~ 9.40; bulk, 180170 pounds, nun-sar) 240-300 pounds. 8.90- good packing sows. & o entwerknts 40 Cattle. 1,500: calves 500: steady trade on “small suppiies common’ and medium Dintweicnt’ heef stecrs and_moderate of- fering of she stock; most steers downward from 10.00; scattering light heifers, 6.00- 8.00: low cutter and cutter cow 475 beef grades. 5.25-6.50 most scarce: supply _comprising and medium welghts at 6,00 er: 5 00-4 lambs opening strong to 25 hicher: native upward to 9.75 freely: BiX ‘aoubles cholce Westerns. 10.00 mmm shippers: lheen also stronger: ugh! D e 0 B erauna 4.0; demand narfow for feeding lambs held over from Thursday. BOSTON WOOL MARKET. B! N, (ot 20 4P (United States De- papiens ot Aericuita ting at- titude predominated today. ~Reports of trade as it sought to ascertain the re- goonse of the goods trads to the lower “Some wool houses were encouraged by inquiries of users. though buyers were not apparently interested in making commite ment. excent at prices considerably below B Record for Last 21 Hours. {From noon vesterdsy to noon today,) H 1 p.m. yesterday. t, 47, 7:15 am. today. Year Regord Temperatures This Year. Highest, 97, on_August 20. Lowest. 19, 'on Pebruary 14 Humidity for Last 21 Hours. (From noon yesterday to noon today.) at 7:30 p.m. yes- at noon today. eodetic Survey.) = S The Sun and Moon. Sun. today Sun._ tomorrow Moon. today 2 Automobile lights must be one-haif hour after sunset. Precipitation. Monthly precipitation in inches in the Capital (current month to date Month. January Feoruary | November December .- altmore. Md. | Birmingham ismarck k. Indianapolis _ Jacksonville Kansas City. Mo Los Angeles s Ky, 68 5 1 80 FOREIGN. (7 am. Greenwich time, Stations. mndon Enxlnnd T!mnnr:mre Weather Paris, France g:fll\nl (_Autlnn . riin,” Germ Brest. Pr‘nnc g gk Shiguinnd olm. Gibraltar. Spain (Noon. Greenwich time, today.) Horta (Faval), Azores . 64 (Current ‘observations.) St. Georges_ Bermuda _ 74 San Juan, Puerio Rico- 0 Havana. Cubs 7 WA 5o #7 Cloudy Cloudy Clear FIRST MORTGAGE NOTES Available for immediate purchase se- cured on owner occupied homes in the District and nearby Montgomery Coun- ty. Marsland. ~Five per cent interest. fiable ' in denominations of 1410 “H” sst of CROWLENY-:. N.W. 173 Closed Saturday L feet above normal at Great Falls today. | ’““fme six-month period ending Augt (Purnished by UmLed States Coast and | turned on | Cloudy | Colon, c.n-l Zone 7 Cloudy BETHLEEM STEEL NETS §9.249.560 Quarter’s Profit Compares With $4,575,058 for Same 1936 Months. By the Associated Press NEW YORK, Oct. 29.—Bethlehem Steel Corp., second largest unit in the industry, earned nearly three times as much per common share in the third quarter of 1937 than in the similar period last year, but earnings dropped slightly under the second quarter figures, its directors reported yesterday. Net income was $9,249,560, equal to | $2.31 a common share against $4,575,~ 058, or 85 cents a share after pre- ferred dividends in the comparable period of 1936 and $10,022,874, or $2.56 | & share in the preceding period. For the first nine months net in- come was $27,566,267, or $6.88 a share, against $8,609,514, or $1.01 a share in the similar period of 1936. Fulfilling expectations generally held in Wall Street, a dividend of $1.50 a share on the common was declared. Eugene Grace, president, explained another meeting of the board would be held in December to appraise fourth quarter results and decide if any fur- ther dividend action shiuld be taken. Payments so far this year have been $4. including the forthcoming dis- bursement. Paramount Pictures. Paramount Pictures, Inc., estimated consolidated earnings for the third quarter at $1,958,000, equal after pre- ferred dividends to 67 cents a share on the common stock. For the nine months ended October 2, earnings were estimated at $5,276,000, or $1.78 a share on the common. The figures in both periods do not include Paramount's direct interest in earnings of partly owned and non- consolidated subsidiaries. Earnings in the three-month period of 1936, including Paramount’s share in partly owned companies was $2.- 260,764, and for the nine months, $3,287,224 on the same basis. Merchants & Miners. The Merchants & Miners Transpor- tation Co. reported net income of $80,280 for the quarter ended Septem- ber 30, or 34 cents a share. Net profits for the corresponding period last year totaled $364,992 or $1.54 a share. Parker Pen Co. Parker Pen Co. of Janesville, W reported consolidated net profit for 31, 1937, after depreciation and normal Federal income taxes, but before al- lowance for tax on undistributed profit was $262,781.81. Per share earnings based on 196,052 shares out- | standing August 31, were $1.34, co pared with $1.19 on 192,744 shares for | the first six months of the 1936 fiscal year. Eastern Gas & Fuel. ‘The Eastern Gas & Fuel Associ: an affiliate of the Koppers Co., r ed gross income of $11,190,240 for the ear ending September 30, a jump of |s 71 above last year. After pro- viding for preferred stock dividends of $3,361,000, income taxes and $4,000,- 000 for depreciation and depletion, the company had a deficit of $391,669, | compared with $525,566 lost in the preceding year. Flintkote Co. Flintkote Co. reported consolidated net income for the 12 weeks ended Oc- | tober 9 of $432,757, before Federal sur- | tax. equal to 65 cents a common share, | compared w $473.482, or 71 cents & | share, in the same period last year. In the 40 weeks ended October 9 net income was $1.091.991, or $1.63 a share, compared with $944.881, or $141 & share, in the like 1936 weeks. Skelly 0il Co. Skelly Oil Co. reported net profit for the quarter ended September 30 of $1911,022, or $1.80 a common share, compared with $1.307505, or $1.20 a share, in the September quar- ter last year. For the nine months net profit was $5,346.940, or $5.02 a | common share, against $3,511431, or $3.19 a share, in the like 1936 period. OFFICE FURNlTURE WE SELL,BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM’S FURNITURE HOUSE 1416 Eve 8t. N.W. Phone NA. 2184 For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MEIMBIR BUILOING § LOAN ASSOCIATION €OUNCIL ON IMPROVED D. C. PROPERTY Immediate attention on your application for buying, rebuilding or refinancing. Loans repayable monthly. No charge for appraisal if loan is not made. Interest charged only on unpaid balance of principal. Eourrasie Co.0PERATIVE Buipine AssociaTion 915 F STREET N.W. Organized 1879