Evening Star Newspaper, November 4, 1937, Page 23

FINANCIAL. CURBS WIPE OUT - - MOST OF LOSSES Fractionai Changes in Both Directions Rule List. Oils Irregular. $7 the Associated Press NEW- YORK, Nov. 4—Curb stocks, after a sharp break in early trading, recouped most of theif losses today, and at midafternoon fractional c¢hanges in both directions were rul- ing the list. There were exceptions. Near the final hour Great Atlantic & Pacific Tea was selling 10': lower, Pitts- burgh Plate Glass off 312, Aluminum Co. off 3 and Sherwin-Williams off 2. Also JTower were Montgomery Ward A, Pan-American Airways, Pennroad and St. Regis Paper. Up fractions were American Cyana- mid B, Cord Corp. and United Wall Paper. Oils were irregular. Gulf Oil and Pantepec -Oil were a shade higher, and lower were Creole Petroleum, International Petroleum, Sunray Oil and Venezuelan Petroleum. Ruling strong all day and failing to participate in the early break were Lake Shore Mines and Pioneer Gold. Niagara Hudson and Northern States Power A tilted upward among the utilities, while down a shade were Electric Bond & Share, United Gas, Standard Power & Light, Arkansas Natural Gas A and American Gas & Electric. CURB BONDS DOMESTIC BONDS. 5 Beli Tel C 55 Birming Gas bs 4125 Cent IIL P S 58 '68 G Gent 1PS 4145 ST H - Oh ; Gin Str Ry Cities Svc br Gities Sve 55 06 ; e ies S Gas 5 3 4 SIS Sull 5 10435 oo, ) 103% s 1 East G & F 45, Edis El TUu 3'as Pw & Lt Florida P&L ry_E&G 5! a Ser bs a Ser 5 i 4| Bs57 - 8 eod 8e 2 22 U 2 "?“:o"gkg R adReQrs e 10 10234 102 100%s 100vs 103" 103 602 602y 3% s '52 A B5% 65 Remains resting at t 11314 113 £12 3 3 1 1 10413 10 1063 10612 a1 ' a1 RV 87 Lima Peru 6las 5 15 Medelin Col 7s *51 _ _ 10% Stinn' (H) 45 '40 2d st_ 44 ww—With warrants. Xw—Withou: rents. n—New. st (stp)—Stampe Negotiability ‘impaired by maturity. Companies reported in receivership. SHORT-TERM SECURITIES. (Reported by Chas. D. Barey & Co.) 1083, B, Offer: er Tel & Tel 58 - ublrn Auto Co 43,8 1939 1061 106% 0% 1082 9934 Palinc B R ot nsylvania Co 3%as 1941 _ enn-Dixie Cement 6s 1931 Penna R R Co 4s 1943 1 . Balt, ash 48 19 ! Crocker Wh (By private wire Stock and Dividend Rate. Aero Sup Mfg B. Air Devicey.. Air Invest. Alr Inv war. .. Ala Pow pf (7). Alum Co Am Alum Co pf (6) Alum Goods .75 Alum Lta .. Am Alrlines Am Beverage __ Am Box Bd 1.55g Amer Cap (A) __ Am Centrifugal Am Cit P&L(3h) ACP&L ww2¥h Am U P&L B .30g Am Cyna B{.60a) Am Equit (.10g) Am & Fen P war AmFk & H (1a) . Am G & El(1.40) Am G & E of (6). Am Gen Am Gen $2 pf(2) Am Hard Rub Am L&T(1 208 Am Mfg Co (3g) Am Maracaibo Am Sup Power. | AmSup Pof __ Am Thrd pf(%)- Anch PostF . Angostura (.30g) Apex Elec (.30g). Arctur Rad Tube Ark Nat Gas Ark Nat Gas A Ark Nat Gas pf__ Ark P&L pf(7) . Art Met Wks(.80) Ashld OXR(.40)_ AsG&El A - AsG & Elpf Austin Silver M_ Automat Prod Auto V Ma(%a). Axton Fis A ___ Babcock & Wil(4) Baldwin Lo war . Barium Sta St Barl&SeelA (1.20) Beaunit M 1.30g.. Beech Atre ____ Bellanca Afrc Berk&Gay furn. Berk&G F war .. Bickfords (1.20) Bliss B W % Blue Ridge (.15g) Blumenthal (S)_ Bourjols = Bow Bilt HZ pf . Braz T&L (.90g)- Breeze Corp . BridgptMch .75g. Brill A Brown Co pf Bro'n F&W 1.05g Brown F Dist Brown Rub(.60a) BN & E P pf 1.60 Bnk HI & S(13) Burry Bise (% &) Can Car & Fy pf_ | Can Marc Wire Carib .50h). Caruegie Met._ Carrier Corp..__ { Catalin Am Cen NY Pwrpt 5 | CP&L pE 6561k | Cen & Sw Ut | Cen St E1 e |CenstEevptn Chief Cons Childs pf Cities Service Cit Serv pf City Auto St .45g Claude Neon Lt. . Cleve EI 111 (2) - Cleve Tract | Clinchfield Coal . Colon Develop - Colon Devl ev pt_ | Col Fuelg1 war__ | Colum O & G | Comwlth E 1.25a | Comlth & So war | Com P&L 1 pf | Compo Sh M (1) Consol Biscuit . Cons Cop min | Con G&E B(3.60) Cons Gas Utll Cons M&S 1.50g. Cons Ret Strs Cons Royalty .20. Cons Steel Corp.. Cont Koll & Stl_. Cooper-Bess _ Copperwdstl(2) Cord Corp o Corroon & Rey. Cosden Petro Cramp & Sons _ Creole Pet (.50g). | Croft Brewing .. Cuneo Press (2)_ Cus Mex Darvy Fet (%) .. Dayton Rub - Dayton Rub A 5k Dervy O1) Der Oil pt (2k) - Det Gasket (1) . Det Gray 1r (.04) Det Mich Stove Det St Prod 1.50z DraperCp(2.40a) Driver-Harr 13 _ Dubilter (.15g) - Duro Test (.40a) . Duval Tex .. ... Eagle P La .30g- East Gas & F .. _. E G&F 6% pf(3) E G&Fpr pf(4%) East Sta Corp - Edis Br Strs (1)~ El Bond & Sh . El B&S $5 pf (5). El Bd&Sh pf(6)_. El Pow As (.15g). El P As A (.158) - Electrol vie Emp G&F 7% Equity Corp Esq Coronet .30% Europ Eldebrt_. Evans Wallo _ Ex-Cell-O (.60%) . Fairchild Av__.. Falstaff Brew ... Ferro En 1.50g. Fidelio Brew __ Fire As Phila 2a Fst Na St 1 pf(7) Fisk Rub Fla P & Lt $7 pf Ford M Can A (1) Fruehauf T .858 Gatineau P cu pf. Gen Firepr .85 .- Gen Lnvest Gen Tele (1a) __ Georg Pow pf(6) Godehaux Sug B. Goldfield Con __ Grand Nat Films Gt A&P nv (6a) Gt A&P 1st pf(7) Gulf Ofl (.768) . Hall Lamp(.30g). Hartman Tob . Hat Corp(B).80g. Hecla Min .70g). Hewitt Rub (1) _. Hoe(R)&Co A __ % |*Holling Gld(.65a) Vertientes Wabash Rwy Warner Bros 6: Wester, n a 108 Western Union Tel 55 19: 100 > BOSTON WOOL MARKET. BOBTON, Nov. 4 (7 (United States De- t of Agriculture).—The wool mar- KRt Was ‘awlet today. Most buvers.did Jittie mare-than inuire occasionally for asking . Worsted mills generally were not in making purchases. Topmakers were Willing to buy small of fine Western-grown wools in orig- inal bags, but their bids were too low for eonsideration by most houses. > _ODD-LOT- DEALERS. Becurities Commission reported to- ‘.’nl:h.“ ‘glneluuom b{ customers with .“Mfll};len or specialists on the New L B ] for. ing 300,8 18,606 s " MONEY RATES. YORK, Nov. ‘4 (.-—Call money ali day: Srime commer- r cent: time 10Ans steady: 878 1%; 4-6 months, 1% per cent; . acceptances.unchanged; rediscount ork Reserve Bank, 1 per cent. Hormel & Co (1) Hubbell (H) .438 . Hud BM&S(%g)/ Humble Ofl 1%g. Hummell (.60g) . Hygrade Fa - Hygrade S 2.76g.- 11} lowa Pow .___ Il 1a Pdivet. 111 lowa Pow pf_. Imp Oil Can .60a_ Imp O Can rg %a Im To Can .62%8 Ind Serv 6% of Indus Finan vte_ InsCN Am(2a). Int Holding - Int Hyd-Elec p! Int Hyd-El war .. Intl Pa&Pw war. Intl Pet (1%a) . Inter Rad (-85g) . Inter Utii B Intl Vitam (.50) -. Int Home B.44) Inters Pw Del of Ir Fire vte (1:20) Irv Air Ch (1) .. Ital Superpwr A~ Jacobs Co (%8)-" b Bales— . Add 00. High. Low. Close. 2% direct to The Star.) 12 2% 14 28 s 50s 67 9508 90 508 111 3 144 100s 68 ° 2% 1% 1% 2 2 Y 15 67 67 854 89 111 111 14% 14% 6612 66% 13 13 1 1 11% 4% 1% 254 221 2% 23'% 34 1% 1319 24% 248 100% 100% 5 5 25% 11 13% 28 100s 3 1003 1508 2515 10% 1343 28 # 1 15 4w 1% 3% 13% 3 3% 3% 170s 200s 13 20s 113% Ty 258 1 37 2708 508 30 74 4 121 121 42% 40 3% 3% 1% 1% 6 6 9% 9% 9 9 '3 100s 1008 1 1 4 8y THE EVENING STAR, WASHINGTON, D. C., THURSDAY, NOVEMBER 4, 11937. Cash Corn Close to December Price Stock and Dividend Rate. Add 00. Jer CP&L pf(7) 103 Jonas & Nau .30g. 3 Jones & Lau 8tl Kennedy’'s(.60g). KenRT (A).76g- Kingston Pri.40) Kirby Pet Krott Corp .30% . Kreug Brew 1%g Lake Sh M (4a) Lakey F&M .15g - Lehigh C&N(.30) Le Toureau (1).. Leonard O1l . _. Lion O1l (1ay - Lipton(T J)A(1). Lipton (T J) pf Lit Bros ; Lock 1C1%8g- Lockheed Alrc. .. Lone 8t G(,40g) ... Long Is Lt Long Is L pf(7).. Louis L&E(.40). . Lynch Corp (4g) . MeCord Kad B ... MoWilI's D 1.25g. Maj Rad & T Marion St Shov Massey Harris . Mead John (3a).. Merritt-C& 8 Megabi Lron Mich Bumper. MichG&O . M1d St Pet A - Midvale (3%g) __ Midwest Oil (1) Mock J Voch .45g Molybdenum Monarch M T 1a. Mngrm Pictures._ Mont Ward A(7) Moore (T) Dist_. Mount City Cop Mount Prod « 60) Mt St T&T (8) Muskegon P (1a) Nat Auto F' .25h_ Nat Bak (%a) Nat Bellas H Natl City L .50g . Natl Container 1g Nat Fuel G (1) - Natl Oil P 2.10g . Nat Kub Mch _ Nat Sug Ref (2) . Nat Trans (.45g) Natl Tunnel & M. Nat Un Rad NavarroOil(.40a) Nehi Corp (2g) N Eng P A pf(6). N ET&T (4%g) . N J Zinc (4.508) .. N Mex & Ariz Newmont (24 g) NY HonR 2.77%¢ NYC Omnibus wr Niag Hud Pow Niag Hud A war. Niles-B-P 1.50a _ Nipissing M .37g. Noma El (.408) _ Nor Am Lt&Pow Nor Am L&P pt No Am Ray B 2g_ Nor urop Oil __ Nor StP A Nor Tex El pf (r) Nor W Eng (1g) . Onio Br (B)2%s. Ohto Pow pf (6)._. Okla Nat Gas . Okla Nat Gas pf.. Oldetyme Dist _. Oilstocks (.408) PacG&ES % pll1%. Pan Am Air(.25g) Pantepec O} ParkbgR&R 80g. Pender Gro (B) __ Pennroad (.25g) - Pa P & Lupt (6). Pa P&LUDL (7). Pa Salt (5%g) Pepperell (6a) _ PhoenixSec( % Pioneer G1d(.40). Pltney-Bow (.40). Pitts&LE(4%g) . Pitts Pl Gl(5%g) Plough I[nc(.80c) | Polaris M (.03g) . Powdrell&A 558 Pratt&Lam 1%g. 3 Prov Gas (.80) . 300s PSind$7propf 40s Pug SP$50f6 %4k 50s Pug Sd P $6 pf 1009 Reed Ro Bit 80a. 13 Reliance E1.75g . Raym Conc (1a) Relter-Fost Reybarn Inc.10g Reynolds Inv Richmond Rad... Rome Cable ___ Root Pet (%g) . Rustless | & S Rustl's 1&S pf 2% Saf CH&LL 63%g. St Anth Gold .__. St Regis Pap St Regis Pap pf . Scovill Mfg 1%g. Segal Lock Seiberling Rub Select Industries. Seversky Afrc .. Shattuck Denn Shaw W&P(.80) Sherw-Wms pf 5 Sherwin-Wms 4a Simplic Pat.50g_. Simmons H&P Singer Mfg (6a) Solar Mfg (.20g). Sonotone (10g) _. Soss Mfg (%) . So Penn O1] 1338 SoCal EpfC13. So Coast (.30g) . Southl'd Roy .40. Sou Un Gas . Stand Inv pf_ St 0il Ky (1a).. St Of1 Ohto (1) 8t Oil Ohio pf 5 St Pow & Lt - Stand Silver&Ld. Starrett Cor vte_ Sterchi Br Str Sterchi Br 1st(3) Sterl'g Alum .75 Sterling Br .25g .. Sterl Inc (.20a) .. Stinnes (H) . Stroock &Co 2. . Sunray Oil(.25g). 17 Taggart 8 Tampa El (2.24). 1 Taylor (K) Dist.. 3 Technicolor .50g. 23 Tech-H G (.40a). 17 Texon Oil (.60) 1 Tex P&L pf (7). 650s ‘Thew Shovel 1008 Todd Ship (2). . 200s ‘Toledo Ed pf (7). 10s Tonopah Belm’t._.. ‘Trans-Lux (.20). Transwest Oll.. Tri-Cont war __. ‘Tubize Chatillon_ ‘Tubize Ch(A) 4g- Tung-Sol Lamp .. Un Prem F' 8 .80_. Un Gas(Can).80 .. Utd Cegr Wh Strs. United Atrc wa Unit Corp war. Unit Gas .o Unit Lt & Pow A Unit Lt & Pev ot Unit Milk P (2g) - Unit Shoe M 2%a 100s USFoil (B) .60g. 5 US&IntSec . 1 US&Int Sec pf 5k. 1 U S Lines pf * 3 U S Play Card la. 150, US Rub Recl .. United Strs vto.... U S Radiator. USStrs1pt. Unit Ver Ext 1g-. Unit Wall P .16g. Ut Idaho 8.15g . 2 Util Pw & Lt (r). 6 Util P & L pt (r) 1008 Util Equit pf 6% 100s Utility & Ind.. . 1 Utility & Ind pf_ Valspar Corp vte Van Nor M T 1.60 Venez Mex O11 Venezuela Petrol Virg Pub 8 pf (7) Vogt Mfg (18)--- Walker Min __. Wellington Ofl... Wentworth .25g.. West Air Exp . ‘Will'ms RC .45g .. Wilson Jones .75g Willson Prod 1a Nolverine T .40g ‘Woodley Pet .40 1 100s s 1 1 -k 108 3 10 NEW YORK €URB MARKET High. Low. Close 831 3% 834 3 2% 84 % 13 VOTING NOT CAUSE OF MARKET'S DROP Evidence of Change in Policy in Washington Blamed for New Decline. BY GEORGE T. HUGHES. Special Dispatch to The Bta NEW YORK, Nov. 4—Various ex- | planations were offered, more or less plausibly, for the decline in the stock market following the holiday, but the result of the elections was not one of them. As a matter of fact, the major contests were in line with ex- pectations, The defeat of the Committee Jor Inqustrial Organization candidates in those municipalities where that or- ganization figured ought to have been encouraging to those who stand in chronic dread of renewed labor trou- bles. It is not the reflection in the voting of a change of sentiment in the country at large that is needed to cheer up Wall Street in particular and business in general as it is con- vineing evidence of a change of policy in Washington. As has been stated before, there is the best of reasons for believing that the two taxes most obstructive to capital investment, that on un- distributed profits and that on capi- tal gains, are scheduled for modifica- tion at the next session of Congress, but until this 1s stated officially and publicly, understandable doubt per- sists. The news tickers yesterday car- ried reports that the program as agreed upon between the President and the Secretary of the Treasury did not call for any important change n the surplus profits impost. A good deal of attention was paid to the forecast of the Bureau of Agri- culture Economics, which was to the effect that the present recession in business may run well into next year and that industrial activity in 1938 will average below the 1937 Ilevel. Importance was attached to this analysis because it emanated from a Government agency and was in dis- agreement with other and more cheer- ful prophecies given out in Washing- ton. In some quarters, criticism was heard of a policy which permitted the giving out of pessimistic forecasts on the ground that it would accentuate the slump. In the opinion of this writer, the point is not especially well taken. We are neither going to talk ourselves into mnor talk ourselves out of depression. There is always the temptation to take the side which best suits one’s political sympathies, but that doeS not help either. The business man will be well advised who relies on the facts as they become evident to him and disregards opinions ventured by those who have a position to maintain. That is gen- erally a difficult attitude to adopt, but it is the only one that does not mislead. (Copyright, 1837, by the North Americaa Newspaper Alliance. Inc.) LONDON’S G(;LD MARKET AT HIGHEST PREM{UM | By the Associated Press. LONDON, Nov. 4—So keen was the demand for gold in the Lon- don market today that buyers paid & premium of 18 cents an ounce over the American parity price for the ap- proximately $2,000,000 available. Pur- chasers were said to represent conti- nental interests desiring the metal for hoarding purposes. i THe price at which gold can be purchased here and shipped profitably to the United States is figured at $34.76 an ounce. Today's free mar- ket price was the equivalent of $34.94, representing the highest premium of the year. . INVESTING COMPANIES NEW YORK. Nov. 4 (P.—New York Se- curity Dealers Association: - i Admin Pd 2nd Tne._ Am Business Shrs Am Gen Eq Inc __ Bancamer Blair Bankers Nat Inv Corp _ Basic_Industry Boston' Fund Inc_ Broad St Iny Bullock Pund Corporate Trust Corporate Trust A A Corp T A A mod Corp Tr Accum Ser_ Corp Tr ‘Acc mod Cumulative Tr 8h Depos Bk Sh N ¥ * Depos Ins Shrs “A” Depos Ins Shrs “B" Duversified Tr C__ _ Dividend Shrs Equity Corp $3 pf Fidelity Fund Inc First Boston Corp Fiscal Fund Bk Fiscal Fund Ins Fixed Trust Sh A _ Fixed Trust Sh B _ Found Tr Sh A _ PFund Investors Inc Pund Tr Shrs A~ Fund Tr Shrs B Gen Capital Corp Gen Investors Tr Group Group Group Building Groun Sec Chemical Group Sec_Food Group Sec Invest Shry Group Sec Merchandise Group Sec Mining Group Sec Petroleum Group Sec R R Equip. Group Sec Steel Group Sec Tobacco Huron Holding . Incorp Investors Instl Sec, Bank Group. Instl Sec, Insurance Investors Fd *'C” Inc Keystone Custodn B Keystone Custodn B Keystone Custodn K Keystone Custodn K Keystone Custodn S 3 Keystone Custodn S 4. M Co gt [ I e EomubSs eumaaG; b - Equip. Stocks, Insurance Stocks, Machinery Equip. o P o) me Sh' Schoellkop{-Hution Selected Am Sh = Bpootmoe Bk pomD e faaanaamsioreSEanesS ervised Shrs _ . Trustee Stand Inv C Trustee Stand Inv D Welling! 1349 1435 Fund ———————————————— o S Stock and | Sales— Dividend Rate. Add 00. Wright Har 40a. 71 Ygstn Stl D new. 1 18% 16% 16% Yukon Gold .12g. High, Low. Close. % T Th 3 ! ities assumed by such companies. Rates o dividends n the forsgoing are annual disbursements based on U I\‘llfl&y or semi-nnnual declars! - lese otherwise special or extrs dends are not incinded. 8 Al2o extra of extras. e Paid isst £ Payable in stock & red or paid so far this year. no rate. or K.~k Accumula “"fllflflh ?Ifi 1, fsinren alt Tour e e 2 A Washington Exchange SALES. Capital Traction 55—$1,000 at 73. Lincoln Service common—10 at 18. Lincoln Service pfd.—10 at 42. AFTER CALL. Capital Traction 5s—§2,500 at ’12’/:.! 500 at 72. Bid and- Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel. 4 Anacostia ‘& Pot. & Ans & Pot. Guar. Bs C. & P, Tel. of Va._5s Cap. Traction R. R. 58 City & Suburban 55 15K .~ Wash. Gas 5s 1960_ Wash. Rwy. & Elec. 45 MISCELLANBOUS. Chevy Chase Club 1st 4Ys_ 102 Col. Country Crub ist 4%s. 103 W.'M. Cold Storage 6s. __ 100 STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) _ . Capital Transit s N & W. pid. (5) BANK AND TRUST Amer, Bec. & Tr. Co. (eX)_ Wash. Loan & Tr. (e8) FIRE INSURANCE. American (6) = ___ Firemen's _ (1.20) et Nacional Union (.60)__ TITLE INSURANCE. Columbia (.30) Real Estate Ei Carpel Corp (2.00) Lanston ~Monotype Lincoin Serv. com. (14) T (11.00) 3.80) - 0) Peoples Dr. Bt. com. (11.00) Peoples Dr. 8i. pfd. (8.50) Est. M.& i - @l Ewowm—us 2o8omiSemaio “Ex dividend, +Plus extras. e 2 extra. f1%% extra, h 75¢c extrs. *+30c paid June 24, 1937. INSURANCE STOCKS NEW YORK. Nov. 4 (P.—New York Security Deaiers' Association Aetna Cas (2a) Aetna Ins (1.60) Aetna Life (.8 Am Equit (i Ins Nwk Reins (1.2 Reserve ( Surety (: Conn Gen Lif Contin_Cas (1.20) Fid & Dep (4a) Firemen's Nwk (:30) Frank Fire (1a) Gen Reinsur (2) Glen Fails (1.60) Globe & Rep (.80a) Globe & Rut ____ Great Amer (1a) _ Hanover (1.60) Fire (2) Westchester (1.2 a—Also extra or extra: g~—Declared or paid 30 far this year. NEW YORK BAR SILVER. NEW YORK. Nov. 4 (P.—Bar silver steady and unchanged at 44%. PROPERTY September FEDERAL LAND BANKS NEW YORK, Nov. 4 (P).—Federal Land Bank bonds: 4%s Nov.. 1085 [iK 4%s May, as £ Asked. 10378 45 4 4s s 25" s 3s CHICAGO LIVE STOCK. CHICAGO, Nov. 4 (# (United States Departmen‘ 'of Agriculture).—Hogs, 16.- . including 4,500 direct: generaily 10 than Wednesday's average: top. bulk good and choice, 190-230 45-65: 160-180 pounds, .15- ds. 9.25-60: most good 65: best light weights, 7580 Cattle. 5500: calves, 1.000; ery little done: killng auality steer run, medium; short fed predominating; both local and outside demand narrow; traders pounding the market in sympathy with slugais dressed trade: shipper demand narrcw; moderate holdover from Wedn:sday, both steers and fed heifers: slaughter cla: weak tc 5 lower again: very dull: com mon_heifers and all grades cows, fully steady: bulls 10-15 higher at 7.00 down: vealers strone at 11.00 down: besi fed steers. 17.00: prime kinds not being shown- bulk. 14.00 down to Sheep, 10.000. including direct: opening slow: few early sales fat lambs and fat sheep strong to 25 higher: odd lots strictly choice native 'ambs. 16.7! few others. 10.50: 9.50: smuli lof nat feeding lambs sold late Wednesday eraged 66-70 pounds at 9.00-50. . PHILADELPHIA PRODUCE. PHILADELPHIA. try: Fowls. Plymo mixed coior: 2; fancy. 1 average. Rocks, 27-30: Red ens. Plymouth Rocks. and mixed colors. hatched brotlers. Turkeys. young 23: old _toms white. 17: black.”15-16 Dressed pouitry unchanged Wheat: No. 2 'red winter Garlicky. No- vember delivery. 95 Too ' grades. 38-4134: 92, i 81, 36%: 90, 35: 89, 347, 88, 331a; 913 cases. firm. extra: i-40;, brg B 24 packing 200 Nov. 4 (#.—Live poul- | th Rocks. fancy. 23: White 16-18: S fancy, springers. ° 112-2 pou: 26: you Ducks, whites and E brown. 1-43; standaras, Nos and 33: Nos. 3 and 4. 30: trades. : mediums, standards. METAL MARKET. NEW YORK. Nov. 4 (P.—Gopper unse: tled: exf\'ms]mfnmm and_fdture, 11.7 55. Tin Iron. aluminum, . Ir antimony, platinum and quicksilver wolframite unchanged. . CRUDE RUBBER. NEW YORK. Nov. 4 (#.—Crude rubber futures opened_ easy. 36" to 39 lower cember. ~14.55-65; March, 14.61-70; May. 14.69-75 First Mortgage Notes Available for immediate purchase secured on owner-occupied homes in the District and nearby Mont- gomery County, Maryland. Five per cent interest. Notes available “in denominations of $500.00. JOS. J. CROWLEY 1410 “H” St. N.W. Nat. 0173 Closed Saturday 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 MANAGEMENT ONE OF THE STABLE INVESTMENTS —and popular because of its fixed features—Our FIRST MORTGAGES The rate will not change dur- ing the life of the trust; and the principal has conservatively ap- Over Forty Years o) Experience First Mortgage Investments M ORTG A G praised real estate for security. Inquiry welcomed. B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N.W. E L O ANS First MorTtcace Loans District of Columbia, Nearby Maryland and Virginin Homes Apartments 5% Business Properties Terms from 3 to 15 years Also 1 * Monthly Payment Loans RANDALL H. HAGNER & COMPAN INCORPORATED X 1321 Connecticu Ave. N.W. ComameronpenNy Compony FINA October November 2 9. Cabio CITY HARDWARE SALES INCREASE 8 PER CENT Srecial Dispatch to The Star NEW YORK CITY, Nov. 4—City hardware stores report an 8 per cent gain in dollar sales for the first 15 days of October. This is a 6 per cent increase over the September record and represents approximately a 9 per cent average gain in sales for the first nine months of 1937, as compared with the same period of 1936, Hardware Age said today in its semi-monthly hardware market summary. Preparations for Christmas holiday selling hgve eased slightly although the general trade opinion is that holi- day business will be very satisfactory. It is believed retailers who fail to order adequate Christmas merchandise will risk delays in delivery and per- haps some shortage when the normal Christmas rush season starts. NO SALES OF PIG LEAD. NEW YORK, Nov. 4 (#).—S8t. Jo- seph Lead Co. reports no sales of pig lead from Southeast Missouri mines yesterday, quoting $5.35 per 100 pounds, St. Louis. | North American Edison Co—Pre- | ferred share earnings, |ended September 12 months 3, were $37.70 against $28.78. REAL ESTATE LOANS RESIDENCE and 3% SMALL BUSINESS PROPERTIES FRED T. NESBIT 1010 VERMONT AVE. DISTRICT 9392 Money for Construction Loans an Loans on Existing Properties 5% FIRST DEED OF TRUST ONLY 643 Indiana Ave. N.W. Nat’l 0350 What of Business for NCIAL. #uy A-23 Retail Ad Lineage Is Up 4.4 Per Cent Over 1936 Period Epecial Dispatch to The Star. CHICAGO, Nov. 4.—Retall adver:is- inglineage for this year through October 23, was 4.4 per cent greater than the corresponding period of last year, according to a report released here today by Advertising Age, na- tional advertising newspaper. This report, based on tabulations covering 80 important cities, shows a total of 852,319,000 lines of retail display for the reported period against 816,427,401 lines for the comparable period of 1936, the gain amounting to 35,892,499 lives. Against 1935, this year shows a gain of 10.6 per cent. Due to an abnormally large week last year when a 10.1 per cent gain was shown, retafl display for the week ended October 23, 1937, dipped sMightly to 23,814,265 lines, 209,902 lines or 0.1 per cent under the 24,024,- 167 total for the corresponding week in last year. Gains over 1936 have been shown in 33 of the first 43 weeks of this year, the publication stated. U. 5. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) i 552525255555235552 3283B22E22R22228, i OFFICE FURNITURE WE SELL, BUY OR EXCHANGE Chairs Steel Files Desks Steel Cabinets Tables Safes BAUM'S FU'ISNITURE HOUSE ! 1418 Ey¢ . N. Phone NA. 7184 | OPPORTUNITY An Established Investment Banking House Has Opening || for Two Security Salesmen Liberal Commission Our Employes Are Informed of This Ad. Box 441-Y, Star Save with the Home Loan and Savings Association 1520 K Street N.W. Liberal Returns Consistent With Security We Invite Your Membership The Last Quarter, 19377 Read Newsweek ard you'll know! Through the addition of Ralph West Robey to its staff, Newsweek now extends to the field of business its policy of not only presenting the important news, but of offering thought-provoking comments on its true significance. OUT TODAY At Leading Newsstands ON REAL ESTATE To Purchase or Refinance Interest as Low as 5% No Commissions No Renewals Easy Monthly Payments Low as $7.50 per $1,000 COoLU MBI A BUILDING ASSOCIATION 716 11th LONG TERM Mortgage Loans Monthly $6.60 on St. N.W, B 9% e Payments of each $1,000 botrowed, include interest and pay off loan in 20 years. ® Interest charged only on unpaid balance of principal. ® Amount | oaned—up to 6624 % of appraised value. ® Valuable prepayment privi. leges. Orher plans of financing first mortgage loans available H. L. RUST 1001 Bifteenth St. Telephone: DEcatur 3600 COMPANY NAtiona! 8100