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Evening star. [volume] (Washington, D.C.) 1854-1972, October 14, 1939, Image 19

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1939-10-14/ed-1/seq-19/

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Bond Prices Remain
In Narrow Groove
As Pace Slackens
Advances and Declines
Divided Evenly in
Corporate Sector
Bond Averages
CO 10 30 10
i Pails. Indust. Util. F'gn.
Ne< chance —.2 unc. —.1 —.3
Tcxiav close 61 6 98,5 94 9 46.5
Prev. day. 61 8 98 5 950 46.8
Month ago. 60 2 97 9 93.3 47.9
Year ago 59 7 99 0 95 0 64 9
1939 high.. 64 9 100.8 97 5 64 0
1939 low... 53 4 95 8 90.4 41 7
1938 high.. 70.5 100 3 95.1 67 0
1938 low... 46.2 93.0 65 8 59 0
1932 low .. 45.8 40 0 64.6 42 2
1928 high 101 1 98,9 102.9 100.5
10 Low-Yield Bonds.
Close. 106 7 Prev. day. 106.7
M'nth ago 105.0 Year ago 110,2
1939 high 112 .6 1939 low 103 6
1938 high 110.7 1938 low. 106,7
1928 high 104.4 1932 low 86.8
^Compiled by the Associated Press.)
B? thp Associated Press.
NEW YORK. Oct. 14—Bonds
moved slowly in a narrow lane to
day and near the close gains and
losses were about evenly dtvided in
the corporate sector.
A few good advances helped to
make for marked inactivity in the
United States Government list.
Treasury 4>4s 1952-47. climbPd more
than 7s of a point in early dealings.
Some other treasuries were up
I -32d to 7-32ds and one or two were
down a shade.
Foreign dollar issues showed some
wide spreads and market remained
thin. Denmark 4'2s and Belgium
• 6’2s dipped sharply. Italian and
German groups were narrowly
mixed.
Corporate loans moderately higher
Included American Telephone 3l4s
of 1966. Consolidated Oil convertible
3'2s. International Hydro Electric
6s and Standard Oil of New Jersey
2'Vs. A little lower were New York
Central 5s. Nickel Plate 5'2s and
International Telephone 5s.
Increased Lamb Feeding
Predicted by Officials
Pv the Associated Press.
The Agriculture Department said
yesterday that the number of lambs
to be fed on American farms this
, winter and next spring was ex
pected to be considerably larger
than a year ago.
While making no estimate on the
Increase for the Nation as a whole,
the department said shipments of
feeder sheep and lambs into the
corn belt through stock yards dur
ing the July-September quarter was
25 per rent larger than during the
same month last year and the largest
since 1934.
Direct shipments from breeders to
the six central corn belt States were
said to have been about 75 per cent
larger than a year ago.
The total movement into the corn
belt, through stock yards and direct,
, was estimated to have been be
tween 600 000 and 700.000 head larger
than a year ago.
The department said the heavy i
early movement into the corn beit!
reflected the rather poor range con
ditions in Western States where
drought conditions have prevailed.
Brokers Loans Drop
$1,000,000 in Week
B* the Associated Press.
The Federal Reserve Board re
ported last night that last week's
loans to brokers and dealers on se- !
curities held by reporting member
banks in New York City totaled I
*411.000.000.
For the week ended Wednesday1
the total represented a decrease of
*1.000.000 when compared with the
previous week.
Loans for the corresponding week
B year ago totaled *512.000.000.
Hosiery Mill Orders
Soar Above Year Ago
By the Associated Press.
The Census Bureau says hosiery
mills booked orders in August for
9 812.779 dozen pairs, compared with
8 305.151 in July and 8.971.594 in
August, 1938.
New York Cotton
By thp Associated Press.
NEW YORK, Oct. 14 —Cotton fu
hires recovered about half of morn
ing losses today on short covering in
the final minutes of trading and
closed unchanged to 4 lower.
Selling met only limited trade
buying and prices eased. July, how-- |
ever, was steady due to a fair
amount of buying by spot interests
Bnd Southern shippers.
Open. High Low. Last
October-P.17 P.17 PI] P 14-15
December _S SI R.B7 8.80 s S4-R5
January_R in R 13 R 13 R.74n
March _8.84 R.R5 8 5P R 84
Mgy _ R.48 R 4R 8 40 R 45
» _ 88 28 8.22 8.28
Middling, spot. P.lHn.
B—Nominal.
vwiun>
B'eachable cottonseed oil futures closed
T1 to 13 lower Sales. 52 contracts. De
cember 8.75; March. 8.P7 Mar, 7.08b.
b— Bid

foreign Exchange
NEW YORK Oct. 14 (48.—The Bound
•terling caught Its balance today after
Friday's plunge of around 7 cents in
term* of the dollar.
Banker* credited a rally of around !
1 rent to let-up of pressure rather than
expanded buying.
The guilder and belea also came beck
• little, but the French franc continued !
down with a loss of .no1 > oi a cent, ihe
Swiss franc was unchanged.
Late rates follow Great Britain in dol
lars, others in. cents Great Britain de
5T!1!-1?' S;P ^ Great Britain. cables,
g bO-day bills, :snfi>4; PO-day bills.
3 j'J’V Canaoa. Montreal in New York.
t?kfiZ4V. Canada. New York in Montreal.
A vRlJ'4" ®rlclum 18 74; Denmark. 10.33:
Finland. 1 Pin Prance. ■’.25'*: Germany
40.20n: benevolent. IS 75; travel, un
quoted; Greece. .73; Hungary. lS.non;
Italy. 5.05- Netherlands. 53 10: Norway
22.73: Poland, unquoted. Portugal. 3.70n:
Rumania. .73: Sweden. 23.82: Switzerland.
72 45; Argentina lofficiali. 2P.77: Argen
tina (free'. 23.85 Brazil (official). 8.05:
Brtzil (free). 5.10; Mexico 20.85n Japan.
23 85 Hong Kona 25.10' Shanghai. 7.75:
Yugoslavia. 2.33n Rates in spot cables
unless otherwise indicated, n Nominal.
New York Sugar
NEW YORK Oct. 14 —Suear fu
tures No 3 opened 1 lower January.
5 lib: March 5.16; May. 2.70; July. 2.25b:
September 2.2Pb. b Bid
FBfure* No 3 closed 2-3 lower. Sales.
4.150 tons January. 2.08b; March. 2.14b;
May, 2.1Pb.
Rubber Futures
NEW YORK. Oct 14 /P—Crude rubber
futures closed 5-10 lower Sales No 1
atandard 70 contracts December. IP 55b:
March. 18.43b Mbt. 18.25n. Smoked
ribbed spot, So.lOn. b—Bid. n—Nominal.
I
NEW YORK BOND MARKET
BT private wire direct te Tec Slat
Approximate Transaction* Today.
Domestic Bonds_ 2.310.000
Forelen Bonds__ .480,000
U S Govt Bonds__ 160.000
TREASURY.
Ht*h. Low. Close.
2* 19 47_ 101. 101. 101.
24s 1945_ 105.14 105.14 106.14
24e 1948 _ 103.18 103.18 103.18
24» 1949-63_101.13 101.10 101.13
24* 1950-52_ 101.25 101.26 101.25
24s 1948-61. . 104.10 104.10 104.10
2 4s 1960-65 _ 101.22 101.20 101.22
24* 1965-60_ 103. 102.21 103.
3* 1951-55 . 105.22 105.22 105.22
34* 1943-45_ 108.2 108.2 108.2
34s 1944-46 108.5 108.5 108.5
34* 1941-43 Mar 104.23 104.23 104.23
44* 1947-52 116. 116. 116.
FEDERAL FARM MORTGAGE
34* 1944-64 ___ 105. 105. 105.
FOREIGN BONDS.
Hieh Low, Close
Aer Mtr Bit Col 6s 48 24 24 24
Areentlne 4s 72 Feb . 72 714 714
Areentlne 4s 72 Apr,. 72 714 714
Areentlne 44e 48_ 884 884 884
Areentlne 44s Tl_ 82 82 82
Australia 44s 66_ 634 634 634
Australia Bs 55_ 68 68 68
Australia Bs 67__674 67 67
Relelum 6s 55 _____ 87 85*4 87
Belelum 64s 49_ 944 834 94
Relelum 7s 65 ... 90 894 90
Rrazil 64s 19?6-57__. 124 114 124
Rrazll 64s 1927-67 124 12 124
Rrazil C Rv El 7s 52 11 11 II
Brazil Rs 41 _ 15 144 15
Breda Ernesto 7s 54 __ 72 72 72
Brisbane 3s 58 _ 64 64 61
Buen Air ♦ 4-4 4s 77 54 534 54
Canada 3 4 s 81_ 854 854 854
Canaria 4s 60_ 934 934 034
Canada 5s 62_ 1024 102 1024
Chile 6s 60 _ 154 154 154
Chile 6s 60 assd;_ 11 11 It
Chile 6s 61 .Tan _ 154 154 154
Chile 6s 61 Sept_ 144 144 144
Chile Rs 62 _ 154 154 154
Chile 6s 62 assd_ 11 11 II
Chile 7s 42 _ 154 154 15V4
Chile 7s 42 assd 11 11 11
Chile Mte B 6s 61 asd 10 10 10
Copenhacen 44s 53 46 46 46
Conenhseen6s 62_ 514 51 51
Cuba 4 4s 77 _ 564 564 564
Cuba 514s 45 _ 72 72 72
Denmark 44* 62 _____ 53 524 524
Denmark 64s 55__ 61 61 61
Denmark 6s 42___. 70 70 70
Estonia 7s 67_ 40 .39 39
rmiann in _ < t
French G 7s 49 tin st. 102 102 102
French Gvt 7 %s 4 i_ 9« 98 98
German Govt 7s 49 ___ 12% 12 12% j
Haiti 6s 52 __ 79 79 79 j
Helslnsrfors 6Hs 60 _ 73 73 73 1
Hung Con M 7V»s 45.. 6% 6% 6%
Italy 7s 51 _ 55% 55 55%
Ital P V Crd 7s 52_ 41 41 41
Japan 5%s 65__ 59% 58% 59%
Japan 6%s 54 _ 77% 77% 77%
Met Water 58*s 50 .. 62% 62% 62%
New So Wales 5s 68 ._ 72% 72% 72% !
Norway 4s 6.3 75% 75% 75% j
Norway 4%s65_.... 78% 77 78%
Norwav4%.s56___ 81 80% 80%
Norway 6s 43_ 95% 95% 95%
Norwav 6s 44 _ 95% 95% 95%
Oi lental Hey 5%s 58 50% 50% 50%
Oslo 4 %s 55 _ 78% 77% "8%
Panama 5s 63 _ 72 72 72 j
Paulista Rv 7s 42__ 55 53% 55
Peru 1st 6s 60 _... 7% 7% 7<%
Peru 2d 6s 61_ 7% 7% 7% -
Peru 7s 59 _ 8% 8% 8% j
Queensland 7s 41_ 88 88 88
Rio de Jan 6%s 53_ 7 6% 6%
RioGrdo Sul 6a 68_ 7% 7% 71* |
Rome fi4s 62 _ 47 46 7 47
Sao Paulo C 6!*s 57_ 6% 6% 6% I
Sao Paulo St 6s 68_ 6% 6% 6%
Sao Paulo St 7s 56_ 7 7
Sao Paulo St 8s 60_ 7%' 7% 7%
Tokvo El Lt 6s 53 .. 54% 64% 54% j
Uru 3%-4-4%s ad1 79 41% 41% 41%
Venetian MGR 7s 52 46% 46% 46% '
DOMESTIC BONDS.
Alleg Corn Ss 44 .. 79'-. 781, 79H :
Allee Core 5s 49 __ 74', 74', 74Mr !
Allee Corn 5s M) std .. 44^. 44', 44"-« i
Alleg Valley 4s 42 - 106 106 106
Allis Chalmers 4s 5? 109'-, 109 J09
Am ft For Pw 5s 2030 59', 59 59
Am I G Ch 5 >, s 4 9 . 100‘. 100't 100*-,
Am TftT Si'.sOI ... 103',lft3 103'.,
AmTtTll, 8 00 ... 103 1 02', 103
Am T ft T 6 V,s 43 ._ 109'i 109', 1091*
Anaconda dh 4 '* s50 107 106', 107
Anelo-CMl Nitr dh R7 34 34 34 j
Armour! Del 11 st 4s 55 96, 96* '96'*
Armour Del 4s 57 97 90', 97
A TftS Fe cen 4s 95 . 103', 103', 1034
A TftS Fe 4 4s 4* .. 1024 102'! 1024
Atl Coast l. 4 4s 64 . 00', 664 664
Atlantic Refln 2s S3 103 103 103
Auburn Auto 4 *4 E 39. 20 20 20
B&O 1st 4s 43 _. 09', 091* 091,
R ft O conv 4 M>S 60... 20', 20', 20',
R ft O 4 V,s «0 et _• 194 19 19
R ft O 1st 5s 48 ct_ 09', OR ', 0R1,
R ft O ref 5s 95 _ 29 29 29 1
R ft O 5s 90 F — 284 2R'-, 281,
B ft O ref 5s 2000 D._ 2»', 2R'i 284
R ft O ref Os 95 32 32 32
B ft O Swr 5s 50 50 50 50
Bang ft Ar cv 4s 51 st 901, 90', 90',.
Beth Steel 3‘,s 52 _ 1104 1104 1104
Beth Steel 3*, s 66 ... 99*. 99', 99%
Bos ft Me 5s 67 ... 41 40 ‘, 41
Bos N Y A L 4s 55 .. 84 8', 84
Rklvn Man T 4 Vos 66 72 72 72
Bklvn tTn El 5s 50 . 804 804 804
Rklvn Pn C 6s 57 B . 101', 101', 101*,
RufT P.ftP cn 4 14s 57 44'* 43', 434
B R ft P cn 44» 67 ct 43 43 43
Bush Term cn 5s 55 . 46W 40', 40',
Canadian NR 4 s 61. 97', 97 97',
Can NR 4 4s 57 _ 90', 90', 90'-,
Can NR 4\s 65 _ 991, 991, 991-,
Can NR 5s 69 July... 100', 100', 1004
Can NR 6s 70 _100' , 100 100
Can Nor 6 4s 46_108'. JO84 108',
Can Pac 414s 46_ 83 82 82 j
Can Pac 4 4s 60_ 07', 07', 07',
Can Pac 5s 44 _10U, 101 101
Car ft Gen 5s 50_ 94»< 941« 944
Cent Pac Ss 60 _ 56'* 50'* 500.
Cert'd deb 5 v*s 4* 73', 731, 73',
Ches ft Ohio 3‘is 63 F 101'* 1011, 101**
Ches ft O 34s 96 D .. 95 95 95
Ches ft O 3 4* 96 E_ 95 95 95
C ft O een 4 4s 92 ... 1194 119', 119',
Chi B&O ref 6s 71 ... 921. 92', 924
C B&O 111 dlv 4s 49_ 1034 1034 1034
Chi ft E 111 6s 61 ... 18'i 184 18',
Chi Grt West 4s 69 .. 214 21 21
Chi Mil ft St P Bs 76 . 8*4 8*, 84
CMStP&P ad) 5s 2000 3 24 24
Chi&NW pen 34* >7, 14 14 14
Cht&NW 4 4* 2037 C. 10 10 10
Cht * N\V cv 4*4* 49. 44 44 44
Chl&NW rf 6« 2037... 104 104 104
Chi Rwy 6s 27 _ 52 52 52 i
Chi RI&P rf 4s 34 . 74 74 74
Chi R I & P een 4s 8*. 15 15 15
Chi ni&Pcv'4V4s«0.. 24 24 24
Chi Un Sta 3 4s 61... 1024 102 1024
Ch1 Un Sta 34* 68 ... 104 1034 1034
Chi Un Sta 4s 63 D .. 1044 1044 1044
Chi & W In cv 4s 52 _ 904 904 904
Chi ft W Ind 4 4* 62. 94 94 94
Philos & Co 5s 43 ... 584 584 584
Cin Leb & N 4s 4 2 ._ 103 103 103
Ctn U Trm 3 4 s 69 et 1054 1054 1054
Cin Un Term 3 4s 71. 105 105 105
Clev Un Ter 4 48 77.. 754 754 754
Clev Un Ter 5s 73 .. 83 4 834 834
Clev Un Ter 64* 71.. 914 91H 914
Colo F ft Ir 5s 43_ 1024 1024 1024
Colo F ft lr 6s 70_ 73 73 73
Colo ft So 44« 80_ 404 404 404
Col G&E 6s 62 Mar_ 104 1034 1034
Col G&E 6s 61 _102 1014 102
Corns Ed 3 4 s 58_ 1194 119 119
Corns Ed 3 4* 68 .. 106 105 106
Cons Coal Del 5s 60 63 624 624
Cons Ed N Y 34s 48. 1054 1054 1054
Cons Ed db 3 4s 48 .. 1064 1064 1064
Cons Ed N Y *4s 68. 105 1044 1044
Cons Ed N 7 8 4a 68. 1044 1034 1044
Cons 011 3 4s 61 _ 1024 1024 1024
Consol Rvs 4s 54 134 134 134
Consol Rys 5s 56A&0 134 134 134
Consum Pwr I4S 70 104 1034 104
Conti Oil 2 4s 48 1124 1124 1124
Crucible Steel *4s 41 101 101 101
Cuba Northn 64s «*. 344 344 344
Cuba RR 74s 46 A_ 464 464 464
Del & Hud ref 4s 43 . 64 634 64
Den & R G con 4s 36. 104 104 104
D & R G W 6s 66 ast.. 34 34 34
Den&R G W rf 6s 7»_ 74 74 74
Det Edison «s 66 _1104 1104 1104
Det Edison 44 61 1124 1124 1124
Duluth MftlR 34* 62 105 105 105
Duauesne L.t g 4s 65. 1074 1074 1074
Elec Auto Lt 4s 61_ 108 108 108
Erie een 4s 96_ 24 24 24
Erie ref 6s 67_ 154 154 154
Erie ref 6s 76_ 154 154 154
Firestone Tire 14 s it 1044 1044 1044
Htrh. Low. Clou
ElaECRyBaT*_ 94 94 94
Gen Cable 6 Ha 47_ 101 1004 1004
Gen Mot Aco *4* 51_ 10644 1064 1064
Goodrich 434s 66 ... 1024 1024 1024
Grt Nor Ry * Ha *7_ 76 76 76
Grt Nor 4s 46 G _ 1064 1044 105
Grt Nor Ry 4a 49 H __ 924 92 924
GrtNRy4HiT«D 834 83 83
Grt N R rn 4Ha 77 0 834 8344 834
Grt Nor Ry Fa 71_ 894 89 89
Hud A Man lne Bs 67. 15 15 15
Hud A Man ref Ss 67 . 4734 474 474
111 Bell Tel *4a 70 B. 1084 1084 1084
III Cent 3 H* 52_ 46 46 46
111 Cent 4a 63 _ 49V4 494 494
111 Cent 4Ha 66 __ 514 51 51
IOCAStL NO 4Ha 61. 514 514 514
IOCAStL NO 6s 63 .. 55 55 55
111 Stl deb 44s 40 A.. 101H 10IH Wt|}
Inland Steel *Ha 81 1064 1064 1064
Inter R T 1st rf Re 68 64 6.34 64
Int R T 1st rf 6a 88 et 634 63 634
Inter R T 8e 32 ... 29 284 29
IntRT7a32ct .. 614 614 614
Interlake Iron 4a 47 924 924 924
Int Grt Nor 1st 6a 62 184 184 184
Int Hydro F,1 6* 44 .. 70 4 70 4 7034
Int Pnnrr ref 8n 66 ___ 924 92 92
Int Rv C A 6Us 47... 824 994 8934
Int TAT 4 Hs 62 _ 474 47 47
Int TAT 5s 65 _ 52 514 52
R C FSAM rf 4a 36 et 34 31 3t
Rana C So rf 6* 60 674 674 «74
Ran City Term 4a 60 IORt; 1064 1064
Kans OAK 44s *0 .. 1044 1044 1044
Laclede Gas 5a 42 .. 81 81 91
Laclede Ona 5Ua 63 .. 61 *501, 61114 j
Laclede G 54a 60 D 494 494 494
Lantern Nitrate 76 . 3>4 314 314
Leh Val C 5a 64 etd 35 35 35
Leh X7al Har 5a 64 . 51 51 51
L V PR 4a 200? nad .. 1 «4 184 194
Lice A Mvera 7* 44 .. 1^6 124412s
Lnew's 3Us 46 ._ 99 os ns
Lone laid ref 4« 42 864 S64 864
L A Nash 4U* 2003 .. 874 874 974
Mnnhat Rv 4a 9(1 . P5'i 6514 664
Mend On 6a 4 6 102 in? 103
Mich Cnnn Rn* 4a 62 974 9? 974
Mo R A T 5a 6" A _ 263} 254 054
Xto R A T ndi 5s 67... II 1' 11
Xto Pnc 4a 75 __ 5', 5 5
Mn Par 6a *5 A_ZI__ 1*4 ’64 163,
Xto Pnc 6a 77 F_ 164 j6 16
Mo Pac 6a 81 T _ 1« 16 16
Xto Pap FUs 49 93, 34 24
Xtoh A Ohio 4 34* 77 .. *7 27 07
Xtnh A Ohio 6a 38 . ?1 son* 3n«,
XTononc P S 4 14a ro . insi, josis insvj
XTont Power 3 4 a 68 97 O64 97
XTorriaAPa 3U a 2000 50 50 5n
Morria A Pa 43A* 65 . 45 444 <5
NaehvrAT, 4«7I_ 70 70 70
Rian 4« 51 41% 41% 41%
Vat Halr-v 3 a 51 trw 10% 101% IO4T4
Vatl TAfctW 3 % a 4* 100% 100% 100%
Vat dvrvaum 4 Ha R© 10*>% ion% 10?%
Vafl CtoAl *>c OR OQ14 0G% OQT4
Vaw F T*O'1 at Rc R2 1 00 100 iog
Vatv Orl P 9 Re R7 * 105 10R 10R
\>w Orl P C M p 105% 105% 10R%
Vatv mi m^VT R 1/. c 54 77% 77% 37%
Vatv PT<*-M RUc R4 rt 75 9 4 .35
V v Pr*ptra1 3% « R9 70% OGh; 00%
V V Pantral 3*'. • 40 90% 90 B0
V V rvntra! 4« 4° «4% BJ% B4U
V V Pant rnn 4c GO 05% 05 OR 1
V v rvnt rf 4 u• 7«i3 on. ro% 01
V V Pant rf Rc 9019 0Q% OB 0B%
VVPT f?h 3 Utfld 04% 04% 04%
V V Pb1*Qf? 4U«7t OO RG% RGu
V v p*QtT R11 a 74 A ob% os ob% ;
V v OoaV 4c R1 _ 5 4!% 54% 54?%
V v a F *T*P 4« 4G _ 113 113 113
V V r>*-W ran 4« RR _ 4’ .4*4 47;
VT Ol-W rAf 4c 0 7 __ G* 4 Q% q%
VVciMn, _ go 1 i, on is 00%
V V BfW ran Rc 4© _ 7% 7% 714
VVTa13%«07 10R% 105% 105%
V V TV.*.T3 4 %c 40_ 3% 9% 3%
Via S' T * A Rc RR_1001', 109% 109%
Vlar'cib R 1Ac RO _ iniT^ mi 101%,
Vnrtb Am 3Ua 40_ 103% 10714 103%
Vnrtb Am 3 O', c 54 __ 101 104 104
Vnrtb 4m 4a RG 105% 105% 105%
Vnr'n Par pm 3c 7047 45 44% 44%
Vnr'n Par 4 14 c 9047 53% 53 C3
Vnr’n l^ar Rc *>04* 57%. R7% 57%
Vnr’n Par Oa 9©41 04% 03% 03%
Pbfn Fr4term 3 *i • 72 101% 101% 101%
Hbfo Gdlcrin 4c OR __ 107 107 107
PVIa P*-F 3 S'«? 0© _ 1074', 1 07% 1 07i.
PVlo Clfi-TT 4c 40 __ 105% 105% 1HR%
OntPwr Vf®r Ra 43 107 103 103
Oratrii* W PP 4a 01 103% 103% 103%
Par da« A Fi 3 u* «0 103% 107 103%
Param’t plr 3 V; a 47 «0% Q0% B0%
Pann Pn 4 e 03 _ 101 101 101
Pann dU-S4 4U« 0© 100 100 100
Pann P**T, .3 14a 09_104% 104% 10474,
Pann P*T, 4 He 74_104% 1041/, 104%
Fann F P 31C a R9_ BO% 93%
ptnn PP *rt_ cr% 95*., «0% !
Pann PP 4H«0fl 117 1 m% 113 1
Fann PT> rn 4 Ua *5 . OOi% 00% qqu
Pann PP «1h 4 U« 7© 9.5 '94% 04%
Pann PP *»an Rc Of TOR 105 10R
Pannlac OT.^P Rs 47 111 111 J11
Para Marn Rc RO 7R% 75", 75%
nnd«*3U|ifiJ 113 113 113
Pb11aPnR«07 1©f% 1©«; 104*/,
Pb;la P P * Tr R« 73 15*. 1.<% j r% 1
Pblla P P &• TrOc 49 .5% R R j
Pbilltne Prtral 9e 4* 114% 114 1 1414 ‘
4«4sp ion, mm mu',
PIW-WVi4U«54 a SO! n SO SO
PItt*W V„ 4,/ „ K« p -0 SO SO
Pitt*w r, 4«»MC SO'; so1; sot.; !
PnrlSfrPlu.ln 7SS-, 7S'4 7"'
PortlM Opti fi s* so in*', loss ios«, !
Pntnl T.l A P s 5' ITS, 1VH 17s; |
Prc'tM Ptl C»r Re S, SOI., 90S 901; !
PnhHi* Pr 1st S U.9 *, loss loss I0SH;
I
RmiOh? TfrP 51 RS R? RS
Po^Oln^ P 414. «» A TR'„ TRl; TR14 !
P*m Va pi4 4S« SR ww °R'i ORS OR'., j
Rpm RanO 4V4 SR iw OR PR or ;
R»nuWlr SO 4H« 54 P4 P4 P4
RarmhHf. Ptl 4H« *1 9’S P’S P°W, !
Wont,Mir Ptl 5U«R4 1 tou tip " 110
Koch OAK 3 % * 69 101% 101 101%.
Ssruensr Pw 4'<«6| 89% 89% 89% I
Rt 1 -San Fr 4s 59 A _ 11% 11 11% j
RtT,-Ran Pr 4s 50 ct _ 10% 10% 10*,'
Rtf,-Ran Pr 4Us 7* 11% 10% 10% j
Rt T,-R P 4 Us 7* ct st 10% 10% 10%i
St T,-Ran Pr Rs 69 R 1*) 12 12 i
Rt L-R F 5s 59 R Ot 11% 11% 11%
Ran Antonio P R 4s 63 103 103 103
Rchulco 6 %s 46 R 30% 30% 20% !
Reabd A L 4s KO stn . 12% 12% 12% j
Reah’d A L rf 4s 69 _ 6% 0% 6%
Reabd A T, rf 4® 59 ct. 5% 5% 5% i
Reah'd A 1,6s 45 A 8% 8% 8%
Reah’d A T. 6s 45 ct 7% 7% 7%
Reah’d A F' fis 25 A ct 4 4 4 i
Reah’d A FI 6s 35 R ct 2% 2% 2%
Shell T'n 011 2 Us 54 92% 03% 92% j
Roconv V’ac 3s 64 100% 100% 100%!
Rotlin Rcll TAT 3s 79 98% 98% 98%
Roufhn Fraft 4 % s 46 96% 96% 96% !
Ronthn Nat f} 4%s 51 104% 104% 104%
So Paced 4s 49_ 53 _ 52 52
RoPaeref4sK5__ 67% 67% 67141
RoPac4%s6*.___53% 5.3% 53% !
RoPao4%s69__ 53% 53% 53%
RoPae4Us81 __ 53% 53 53
So Pac Ore* 4%s 7T._ 54% 53% 54%
So Rv een 43 56 A 61% 61 61
Stand Oil N .1 254* 62 100% 100% 100%
Swift A Co * 54s SO ... 106% 106% 106%
Texas Corr 8* 69 ... 100% 100 100
Texas Corn 8%s 51 107 107 107
Tex A Pae lat 5s 2000 110% 110% 110%
Third Av ref 4s 60 . 50% 50 50
Third Av ed.1 6a 80 . 16% 15% 15%
Tide Wat Oil 8%a 12. 104% 104% 104%
Un K1 (Moll 54a *2 __ 105% 1115% 105%
Un Pacific lat 4s 47__ 111 111 111
Un Pac ref 4a 2098_103% 103% 102%
United Dru* 6a 52_ 78% 77% 77%
U R Steel 8 %* 48 . 105 104%105
Utd Stkyds4% sSlww R8% 88% 88%
Utah Pwr ft Lt Ss 44. 100% 100 100%
Utility P* L 6e 59_ 77% 77% 77%
Vanadium 6s 41 _ 111% 110% 111
Va El A P 3%a «8 B_ 104% 104% 104%
Va Rv 1st 2 54a SC 103% 103% 103%
Wabash 4%sKC_ 11% 11% 11%
Wabash 1st Ss 19_ 42% 42 42
Wabash 5%s 75_ 10% 10% 10%
Walker HAS 4%s 45. 102% 102% 102%
Walworth 4s 65 . .. 60% 60% 60%
Warren Bros cv Cs 41 38% 38% 38%
West Penn P 8 %s 88. 1075, 107% 107%
Westteh 1st 4s 23C1 . 65 65 56
W 8h 1st 4s 2381 re*. 50 50 60
West Md 5%s 77_ 89 89 89
West Union 6s SI__ 75 74% 75
West Union 6s CO_ 72% ‘73% 73%
Wilson A Co *s SB_100% 100% 100%
Wls El Pw 3%s 88_ 104 103% 104
YounKst’n SAT CS 41. Ill 111 111
Toun*st’n SAT 4a Cl. 102% 102% 102%
Metal Market
NEW YORK Oct 14 UP—Copper
steady; electrolytic spot. 12.50; export un
quoted Tin steady: spot and nearby.
S.vnon: forward 48 00. Lead ateady;
spot. New York. 5.50-55: East St. Louie.
5.35. Zinc ateady, East Bt. Louis spot
atid forward, 6.50 Pii iron, aluminum,
antimony, quicksilver platinum, Chinese
wolframite and domestic echeeltt* un
changed,
k
Life Insurance Sales
Below 1938 Levels
During September
Ordinary Policies Up
4.1 Per Cent From
Last Year
By the AsBOCitted Press.
NEW YORK. Oct. 14.—New life
Insurance of all types written by 40
leading companies in September
totaled $509,897,000. a decrease of 1.9
per cent from the $519,932,000 in
September, 1938, the Association of
Life Insurance Presidents an
nounced.
The 40 companies, it was said,
have 82 per cent of the total life
insurance outstanding in United
States legal reserve companies.
New ordinary life insurance writ
ten in September totaled $334,561,000,
an increase of 4.1 per cent over the
like 1938 month; new group life
insurance, $59,401,000. a gain of 138.3
iCQi per cent; new industrial in
surance. $115,935,000, a drop of 33.2
per cent.
Lee Rubber Declares
Dividend in Stock
Special Dispatch to The Star.
NEW YORK. Oct. 14—Directors
of Lee Rubber & Tire Corp. have
declared a dividend of $1.25 per
share on the capital stock, payable
October 28, 1939. to stockholders of
record October 23. 1939, and a stock
dividend from the treasury stock of
the corporation of one-twentieth of
a share for each outstanding share,
payable October 28, 1939. or as soon
as practicable thereafter, to stock
holders of record October 23.
A. A. Garthwaite, president, stated
in connection with the dividend
declarations, that "the tire division
is operating at full capacity on a
six-day basis and that tire unit
sales for the fiscal year ending
October 31 will be the largest in the
history of the company."
CURB BONDS
DOMESTIC. High. Low Close
Ala Power 4%s 67 _ 101 nil HU
Ala Power 5s 56 __ 105% 105’, U>5%
Am P A L 6s 2016 0* 97 % 97%
Ark PAL 5s 56 1(15% 105% 105'*
As El Ind 4%s 53 59 58% 59
As G A E 4%s 46 43 43 43
As G A E 5s 50 _ 44 43% 4 3%
As G * E 5s 68 _ 4 5 45 45
As T A T 5%s 55 A . 69 69 69
Bald Loco Hs 50 . _ 15H 155 155
Bell Te C 5s 55 A 10K% 1(IH% 10«%
Birni El 4%s 68 . 93 95% 95%
Birmins Gas 5s 59 88% 86% 88%
Can Pac Hs 45 81 % 61 81
Caro Pw A Li 5s 56 li)6% 106% 106%
Centra! Pw 5s 57 D 95% 95% 95%
Cen St P A L 5'53 - 41% 41% 41%
Chi M A IU 4%s 56 A 7 1% 7 1% 71% i
Chi J R 4 C 8 Y 5s 40 105 10l», 105
Chi Rys 5s 57 cud. 53 51% 53
Cities Svc 5s 50 71% 71% 71%
Cities Svc 5s 58 *1 71 71
CU S P A L 5'25 52 81 81 81 i
CO S P A L 5%s 49 8534 8n% 8n%
Cant G A E 5s 58 A 84% 84 84
Del El Pw 5 %s 59 107 107 107
Det A In B 0%s 55 cd 5 5 5
East G A F 4s 5H A 78% 77% 78%
El Pw A Lt 5s 5030 71% 71% 71 %
Emo Dis El 5s .75 105% 102% 105V4
Florida P A I. 5s 54 105% 102 102
Gen W WAE 5s 43 A 90% 90% 90% !
Georgia Pw 5s 67_ .. 106 105% 105%
Glen Ald^n Cl 4s «5_. 71% 71% 71%
Hall tWF> Os 47 st A__ 102 102 102
Hou Gulf G Hs 43 A . 104% 104% 104%
III Pw r A Lt Hs 53 A _ 193% 103% 103*,
IU Pw A L 5%s 54 B . 100% 1"0% 100%
111 Pw A L 5s 5H C 99 98% 98%
Ind El C Hs 47 A .. 104 193% 194
Ind E C 5s 51 C . 97% 97% 97%
Indiana Ser 5s H3 A 6fi 6H 6H
Ind PAL Is'. 3%s 68 . 105% 105% 105% i
In'l Pw Ser 7s 52 F . 37% 37 37%
Interst Pw 5s 57 67% 67 67
Interst Pw 6s 52 . 53% 63 53
Interst P S 4%s 58 F 9»% 94% 94 %
Ital Su Pw 6s 63 A . 33% 32% 32%
Jackson G 5s 42 stp 44% 44% 44%
Jer C PA L os 47 B . 1 ((6'4 106', 106%
Jr r C PAI, 4 %s 61 C._ 106% 1 05% 105s,
Kan El Pow 5%s 66 A 101 101 101
Kv Utilities 5s HI 99% 99% 99%
Kentucky U 5s H9 I . 98% 98% 98*,
La Pw A* Lt 5s 57_ 106 106 106
Mil GAE 4%s 67_ 99% 99% 99%
Minn P&L 4%s 78 _ 102 102 102
Miss PwALt 5s 57 loo 99% loo
Nat P A L 6s 2026 A . 1 1 I ' 4 1 1 1 ' 4 1 I I ',
Nevad Cal El 5s 56 _ . 75 74% 75
New E GAE 5s 47_ 66% 66% 08%
New E GAE 5s 50_ 68% 66% 68%
New E Pw 5s 48 _ 96 95% 96
New E Pw 5%s 54_. 99 98*, 99
New Or 5s 42 stpd _. l(i"% I (61% 1 ((((%
N Y S E*G 4%S 80 103% 103 103
N Y A W Lt 4s 2004 104 103 104
No Bost Lt* 3' js 42_ 106 106 106
No Con U 5%s%8 A... 51 51 51
No Ind P S 5s 66 C 105% 105% 105%
No Ind P 8 4 %s 7o E ._ 102% 102% 102s,
Northw P S 6s 57 A .. 102% 102% 102%
Ohio Power 3%s 68 101 % 101% 10! %
Ohio Pub S' c 4s 67 ... 1 06% ioh% 106%
Penn C LAP 4%s 77 98 98 98
Penn Elec 5s 62 H 106% loti 106%
Peop GLAC 4s 81 B 94', 93% 93%
Phila El P 5%s 72 _ 115% 115% 1151,
Pitts Steel 6s 48 99% 99% 99%
Portland GAC 5s 40 . 78% 78% 78%
Pub Ser N J 6s ctfs - 142% 147 147
Pi’h 8 Ok'a 4s 6H A . 103% 103% 103%
Pug Sd PAL 5%s 49_ 94 93% 93%
Pug S PA L 5s 50 C 97% 97 97%
Ouee GAE 5%s 57 A 89% 89% 89%
Safe H Wa 4Hs 79 110% 110% 110%
fit L GAC 6s 47 mat . 17% 17% 17%
Scripps 5%s 43 100% 1 o(l% 100%
Shw WAP 4%s 67 A 91 91 91
8hw WAP 4'-? 7(( r> 90 90 90
Sou Cal E 3%s 60 B 105% 105% 105%
Sou Caro 5s 57 97 06% 96%
Sou Ind Rv 4s 51 55% 55% 55%
Sid GAE 6s 4 8 st 67% 67% 67%
Std GA-E Hs 48 ev st . H7% (»7% 67%
Sid Gas A El 6s 51 A 67", 6%, 67%
Std Gas A- El 6s 57 67 67 67
Texas Elec 5s 60 102% 107% 107%
Twin C RT 5%s 52 A 50*, 59% 59%
Unit Lt A Pw 6s 75 83% 83% 83%
Unit Lt A Pw 6%, 74 85 85 85
Unit LAR D 5%s 57 87% 87 87
Unit LAR M 6s 57 A 114 11.3 114
Unit LAR M Hs 7.3 A 80 So 80
Utah PAL Hs 7077 A 93s, 9.3*, 93%
Va Pnb S 5%s 46 A 99', 98% 98%
Va Pub Ser 5s 5(1 B . 9H% 95% 9H%
Wis PA L 4s H6 _101 '4 101 101
FOREIGN
FintR M B 5s 61 it 60’, Kn% Ro*;
L'me CHy 6%s 58 8 8 8
Pied El 6%, <80 A 39% .39% 39%
Russian 5%* 21 mat
ww With warrants vw Without war
rants. n New st (stp' Stamped.
SNefotiabtllty impaired by maturity.
Chicago Stock Market
By the Associated Press.
CHICAGO. Oet 14.—Following is a
complete Hat of storks traded on the Chi
cago Slock Exchange today:
Sales STOCKS. High. Low. Close.
50 Abbott Lab _ 68 68 68
70 Abbott Lab pf .. 141 >4 141 '4 141 >4
50 Allis-Ch Mfg ... 43% 434* 43%
»1 Am Tel A Tel .. 183% 163 183%
5n Armour A Co_ 6% 8% 6%
100 Aviation Corp .. 5% 5% 5%
200 Avia A Trans .. 2% 2% 2%
50 Bastlan-Bless .. . 17 17 17
lOOBendix Av _ 28% 28% 28%
50 Borg-Warner_ 26’. 26’, 26%
50 Butler Bros _ 7% 7% 7',4
SO Cen 111 Pub Bvc of 75 75 75
200 Cen * S W Ut . 1 % 1 % I !4
100 Chi A N W_ 1 1 1
450 Chi Coro ... 1% 1% 1%
10 chi Rivet A Mach S% B% 9%
50 Chrysler Corp 89% 80". 8H%
50 Cities Sen _ 5% 5s. 5%
1J 50 Comwlth Edls 29% 29% 2»%
100 Compressed Ind G 15% 15% 15%
200 Cons Oil .. 8*4 8% 8%
100 Cunningham D S 1T'4 17% 17%
150 El Household 3% 3% 3%
1O0 Elgin Nat Watch 22 22 22
loo Gen Finance 3 3 3
no Gen Foods __ 40% 40 40%
300 (Jen Motors 54 54 54
60 Gen Out Advert 3% 3% 3%
2 Goodyear TAR 27% 27 % 27%
10<l Hall Print .. 15% 15% 15%
200 Heileman IG> Br 8% 8% 8%
25 Hubbell (Hi Ine 36% 36% 36%
40 111 Cent R R . 14% 14% 14%
5 Int Harvester 65% 65% 65s.
200 Jarvis <W B' 15% 15% 15%
100 Joslyn Mfg A Sup 43% 43% 43%
100 Kellogg Switch 8% 8% R',4
10 Kellogg Switch pf 100% loot, 100'.
20 Ky Ut Jr cum of 41% 41% 41%
10 Ky Ut 8G pf 97% 97% 97%
loo Manh-Dearborn 1% 1% 1 %
50 Merch A Mfrs A 3% 3% 3%
100 Mickelberry's Fd 3*4 3% 344
ion Mid West Corp .888
50 Monts Ward 54% 53s. 53%
100 Hat Pres Cooker 6% 5% 5%
50 Noblitt-Sparks 27s. 27% 274;
300 Nor’west Bancorp 1014 10 10%
inn Peabody Coal B 1% 1% 1%
60 Penn R R _ 24’. 24% 24%
25 Poor A Co B _ 15% 15% 15%
100 Pressed Stl Car.. 14% 14% 14%
50 Sangamo El 36 26 26
67 Sears Roeb 78% 77’. 77%
100 8o Bend L Wkg. 21% 21% 21%
50 Spiegel Inc 11% 11% 11%
300 Std Dredg _ 1% 1% 1%
20 8td Oil Ind_ 26% 26% 28%
300 Stewart Warn __ 9% 9% 9%
300 Swift A Oo . 21% 21% 21%
inn Swift Inti _ 31 31 .31
50 Trane Co 14>4 14% 14%
149 Union Carbide 90 88% 88%
250 U S Steel . 78 74% 74’.
SO! Steel pfd —. 117% 117% 117%
30 Walgreen _ 20% 20% 20%
21 West Un Tel ... 32*4 32% 32%
150 Woodall Indust_ 3*4 3% 3%
50 Zenith Rad _ 17 17 17
Stock gales today—10.000 shares.
i
Fall Business Rise
Shows Slackening
During Week
Associated Press Index
Goes to 106.7 Per Cent
Of 1929-30 Mark
By FREDERICK GARDNER,
Associated Press Financial Writer.
NEW YORK. Oct. 14—The au
tumn business upswing, one of the
fastest on record, slowed its pace
this week.
Capacity or near capacity opera
tions in some Industries, the pass
ing of seasonal stimulus in certain
lines and a letdown from the re
cent war buying scramble cut the
speed of the advance.
The thirteenth consecutive weekly
rise lifted the Associated Press in
dex of industrial activity to 106.7
per cent ofy the 1929-30 level from
106.3 the previous week. It was
the smallest weekly gain of the
war period.
Measured by this index, business
now has returned almost to the
recovery peaks of May. 1937. It
began its present rebound from the
late 1937 collapse about the middle
of 1938, retreated a little in the first
half of this year and then marched
straight forward.
War orders from Europe remained
a subject for conjecture, linked with
the neutrality legislation under de
bate in Congress. But there was
plenty of fuel for expending in
dustrial operations at home. Rail
road and utility equipment buying,
increased spending for factory con
struction and a huge reserve of un
filled orders placed in recent weeks
had business wheels turning at, the
swiftest October rate since 1929.
Industry Preoares.
The increasing expenditures for
capital goods, especially In trans
portation and electric power, seemed
to have been influenced in part by
the prospect of heavier arms outlay
by the United States next year and
the chance modification of the neu
trality law might bring the much
discussed buying of supplies here by
the allies.
The British and French goverti
ment heads in formal pronounce
ments turned against the Hitler
peace bid. Indicating war might be
come a long test of stamina. Specu
lative markets, however, either were
skeptical of these statements or
dulled to war stimulus after the
excited rush for stocks and com
modities in the first 10 days of
September.
War shares continued to mill
about in a narrow range. Most
commodities also were in a rut.
Cqrporate bonds loafed with stocks,
leaving investment bankers still
waiting opportunity to resume the
new financing interrupted by the
hostilities.
A management-labor controversy
in the Chrysler organization checked
the upward trend in assembly of j
1940 automobiles. The week's out
put. nevertheless, totaled 75,8601
units, which was more than double
the comparable 1938 figure. Some
trade observers predicted motor pro
duction in the final three months
of this year would be the largest
on record.
Heavy Lines Lead.
Heavy industries, getting into a
money-making stride again after
years’ lean times, were the main
support of the business advance.
Steel operations came within a shade
of reaching 90 per cent of capacity,
the highest since May, 1937. Hail
loadings also were around the peak
1937 levels.
The Associated Press index, with i
component groups based on latest
figures, calculated on 1929-30 levels
as 100. compared as follows:
La’est Frev. Yfgr i
Week. Week. Arc
Composiie index *106 7 79 0
Automobile production 78.7 82 6 37 O
8f.ee| mill activity *118 9 117.4 oh 8
Cotton manufacture ]31 1 130 7 102.2
Electric povter uae 125.4 125 8 ill 8
Residential building _ •lo5.» 104.0 8] 2
Total carloadmgs_ 75.2 76.3 66 1 j
•1939 hitch.
Virginia Tobacco Prices
Lag Slightly in Week
By the Associated Pres*.
Virginia's old belt tobacco mar
kets closed out the first week of
trading yesterday with fairly volu
minous sales but slightly sagging
prices.
The Danville mart went well above
the 1.000.000 mark for the fourth
consecutive day, but averages drop
ped fractionally below the 14-cent
mark. Official figures from the
market yesterday showed 1.334.496
pounds sold for $183,292 06. an aver
age of $13 73 per hundredweight.
Prices at Petersburg held up well
and 137,908 pounds of the leaf
moved for an average price of
$14.63. Good grades brought as
much as 31 cents per pound.
Reports from other markets
in the State were:
.... _ Avera«e
Market. Pounds, per cwt.
Lawrenceville _ 52.342 $14 5o
South Hill _ 24S.PJ4 13 TS
•South Boston_500.000 14 50
•Rocks Mount _180.000 14 oo
Kenbridee - 151.755 13.49
•Clarksville_15S.000 13 50
•Estimated.
Sales Jump Reported
By Big Store Chains
By the Associated Prets.
NEW YORK, Oct. 14 —Sharp
sales gains are being reported by
the Nation's leading mail order
houses and store chains.
T. J. Carney, president of Sears.
Roebuck & Co., whose September
sales 'four weeks ended October 8)
were the highest in history, attrib
utes the rising tfend to “substantial
re-employment and the improved
farm outlook” accompanying the
fall upswing in general business
activity.
September sales gains over a year
ago turned in by representative
merchandisers include: Sears, Roe
buck. 25.5 per cent: Montgomery
Ward. 16; P. W. Woolworth, 9.9;
S. S. Kresge, 3.8; J. J. Newberry.
12.7; J. C. Penney, 16.8; Safeway
Stores, 15; Walgreen Drugs, 8.9;
Lemer Stores, 14.4; Western Auto
Supply. 25.3.
NOTICE OP TERMINATION OP ADDI
TIONAL LIABILITY OP STOCKHOLD
ERS OP BANKING INSTITUTION
JANUARY 14. 4fl4ft.
Notice is hereby given by The Anacosila
Bank, a banking institution organized
under the laws of the State of West
Virginia and located In Washington,
District of Columbia, that in pursuance
of the provisions of Section Id. Article
4. Chapter 31 of the Code of West Vlr
finta. as last amended, it has applied
or and obtained from the Commissioner
of Banking a certificate setting forth
that said institution hag as aacertatned
by him. an unimpaired surplus equal to
at least Mio, of its authorized capital,
and that the additional liability of stock
holders in said banking institution In
said Section Id provided for SHALL CEASE
as of the date three months subsequent
to publication of this notice
By order of the Board of Directors.
J. PRANK CAMPBELL
President.
W. t. KOONTZ.
Cashier.
i
NEW YORK CURB MARKET
■* ■met* win direct tc The Mar.
——
Stock end Bale*—
Dividend Rite. Add 00. Rtrh. Low. Oloe*.
Ala Power pf (7) 30* 98% 98% 98%
Alum Co of Am.. 60s 132 132 132
AlumCopf (•).. 50.114 114 114
Alum Ltd (.25a). 400* 94% 94 94
Am Book (4) ... 10* 42% 42% 42%
in Centrifugal.. 12 % % %
Am Cynem B .(0 12 32% 82% 32%
Am Fork A H .40 100* 12% 12% 12%
Am Gae A B) 1.40 11 35% 36 36%
AmGAElpf(t) 26* 114% 114% 114%
Am General _ 1 6% 5% 6%
Am Gen pf (2) .. 60e 27 27 27
AmLaundll.lO 1 16% 16% 16%
Am LtATrae l.*0 1 15% 15% 15%
Am Hepubllce 18 8 8
Am Seal-Kap JSg 4 1% 6% 6%
Am Superpower.. 7 A A A
ArkNatOasA .. 1 2% 2% 2%
Ashland OAR .40. 1 5 6 6
Atlantlo Rayon.. 2 7% 7% 7%
Atlas Corp war_ 1 % % %
Automat Prod_ 2 2 2 2
A vlatlon A Trana 3 2% 2% 2%
Axton Flshar A_10s 40 40 40
Babcock A WU ... 1 21% 21% 21%
Baldwin Lo war.. 3 8% 8% 8%
Bath Iron _ 3 9 9 9
Baech Aircraft. . 16 9 9 9
BalJanca Aircraft 3 8 7% 7%
Berk A Gay war.. 1 % % %
Bllse(EW)_ 2 17% 17 17
Blue Ridas_ 1 1% 1% 1%
Blue Rcvpf Oh). 1 40 40 40
Bohack (HC)_ 1 2% 2H 2%
Bohackf HC) let- 10* 21 21 21
Bourjois. Inc_ 1 4% 4% 4%
Brazilian T A L.. 1 6% 6% 6%
Brewst Aero .20* 3 7% 7% 7%
Brldgp t Machine 14 4 4
Brill pf _ 50s 33 S3 33
Brown Co pf (r). 160* 23% 23% 23%
Brown F&W .20g 3 5% 6% 6%
Brown Rubber ... 2 6 4% 4%
B N&EP of 1.(0_ 2 21 21 21
Bunker Hill ,50g. 4 15 14% 14%
Can Car & Fy pf_ 25* 22 22 22
Can lnd Ale (A).. . 1 2% 2% 2%
Can Marc Wire... 6 1% 1% 1%
Carl b Syndicate.. 7 1% 1% 1%
Carnegie Met_ 6 % % %
Carrier Corp_ 1 10% 10% 10%
Catalln (Am) 1 3 3 3
Ceian pto pf <7a) 875a 106 104% 106
Celluloid let pf 10* 58% 58% 58%
Cent NI Per of i 70* 94 93 94
Cent 8tates Elec. 3 A A A
Chamh M W ,2'lg. 1 4% 4% 4%
Chi Flex S (5a)_6<)e 66% 66% 66%
Child* pf .... 50* 28% 28% 28%
Cities Service_ 2 5% 5% 6%
Cities Service pf l 51% 51% 51%
Clues SPAL 17 pf 20* 75 75 75
Clev Elec 111 (2). 150i 41% 41% 41%
ColG&Epf(6). 100s 65 b4% 65
Coiumb Oil A Gae 2 2% 2% 2%
Com P A L let pf 75* 32% 32% 32%
Com'ty P 8 (2) 150* 26% 26% 26%
Cons GAE Ba 3(0 l 74 74 74
Conti G&E prpf 7 10* 91 91 91
Cooper-Bee* _ 2 11% 11% 11%
Copper Flange_ 100* 7 7 7
Coeden Petrol pf. 1 11% 11% 11%
Crocker Wheeler. 2 6»» 6»« 6*»
Cuban Tobacco 1 *S 2H 2S
Cuneo Press (2a 1 150s 53S 53 53s
Dayton Rub 1 25g 1 ITS ITS 17s
Dtcca Kec (0g... 2 6S 6t» 6S
Det Paper Prod.. 1 IS IS IS
Divco Twin .4»g 4 7S 7S 7S
Draper Corp (2a) 10* 80s 80s 80S
Dubilier Con .13g 2 IS IS IS
Eagle Picher Ld 4 12S 12S 12*»
Eastn GAF pr pf. 60* 38S 38 s 38S
Eastern St* pf A 25* 18 18 18
Easy Wash M(B) 2 4 4 4
Eiiler Electric.— 1 1H IS IS
Elec Bond * Sh _ 10 9S »S 9S
Elec B A S pf 1(1. 3 67 67 67
Elec PiLeir_ 14 4 4
Electrolvtc _ 1 IS IS IS
Emsco Derrick_ 1 10 10 10
Equity Corp_ 17 Hi S HI
Equity cv pf (I). 100* 28 27s 28
Esquire (.60)_ 2 4S 4S 4S
Fansteel Metal . 1 10s 10S 10s
Fedders Mfg .45g 1 7S 7S 7*«
Fei ro-Enam U)_ 1 20S 20S 20S
Fidelio Brew_ 1 * « s
Fisk Rubber_ 1 10 10 10
Ford (Can) A (11 4 16S 16 16
Ford Ltd (.IS*).. 2 2N 2S 2H
Froedert (.60*).- 1 9 9 9
Fruehauf T .Tog. 1 27S 27S 27S
Fuller pf (4)_ 60s 37 37 37
Gen Pub Stc pf_ 30* 47 47 47
Glen Alden Coal. 18 8 8
Goldfield Consol. 3 * 4 *
Grt No Pap 1.60* 100s 42 42 42
Grumann Air.SOg 9 16S 16 16
Gulf OH of Pa(l i 4 43S 43 43S
Gulf St Ut pf (*) 30*111 111 111
Hall Lamp - 4 4s 4S 4S
Haloid Co (,50g). 1 13 13 13
Hazeltlne (3) 1 27S 27S 27S
Hecla Min (.2Cg). 1 7S 7S 7S
Hewitt Rub .45*. 1 13S 13S 13S
Hoe (R) A Co A.. 18 8 8
Hollinger G 65a 1 Ids 1 OS 40S
Humble O 1.375*. 4 68S 68s 68S
Hverade Food . 2 2S 2S 2S
Hvgrade Syl 1.50 50* 2<S 27S 27S
imp Oil Ltd .60a. 8 13S 13S 13S
Imp OH re* ,50a. 4 13 13 ]3
InsCoN Am 2a.. 200* 69 68S 68S
lnt Petrol 1.60a . 1 19S 19 * 19S
Int Utilities (B) 2 i & *
Iron Fir# rtc 1.20 200* 17S 16S 16S
Irvin* Air C (la) 2 20 20 20
Jacobs Co_ 1 2S 2S 2S
Jer CP4L pf (6). 30* 91 9i 91
Jones & Lau Stl 2 41S 41S 41S
Kirby Petroleum 1 2S 2H 2S
Koppers Co p£ 3k 40* 79 78 78
Lockheed Aire 5 28S 28S 28S
Long Isl Ltg pf B 175* 30S 29S 30
La Land&Exp .40 2 5H SS 6S
Mangel Stores_ 1 Is IS IS
Manatl Sug war.. 2 1 HI 1
Mead John (3a)— 5<>s 144 143S 144
Memph N G ,35g. 2 4S 4S 4S
Mesabl Iron_ 2 S 44 S
Mich Bumber_ 2 S S S
Mid West Corp_ 2 8 8 8
Midwest Oil .SO . I 7S 7S 7s
Mont Ward A (7) 100s 153S 153s 163s
Mount Prod .60.. 1 5S is 5S
Stock and Sale*—
Dividend Rate Add 00. Hlkh Low. Close.
Nat Bella Hess.. 14 4 4
Nat Candy .. _ 3 9 8% 9
Nat Rubber Mach 4 6s 6s 5S
N E P A pf (5k).. 176a 73S 73v, 73S
N J Zlno (1.60*) 250a 63 62% 62%
NY Water Sve pf 60s 17H 16S 16S
Nla* Hudson Pwi 3 7% 7S 7s
Nla* Hud 1st (8) 28a 83 83 83
N Am Ray A .60* 2 25% 26% 25S
North’n Sta P>A) 10 16S 14S 14S
Novadal-A* (2).. 2 35 35 35
i Ohio Braaa <B)„ 25* 21% 21S 21%
Ohio Oil pf (*) . 250* 103 102 102
Ohio P S pf A (7). 80s 108%108% 108%
Okla Nat G pi pf. 60a 44% 44% 44%
: Oldetym* Diet .. 6 1% 1% 1%
[ Pac Ga* < pf 1 *0. 4 31S 31 31
Pac PS let 1.30.. 1 18s 18s 18S
PantapacOll_ 1 6% 5% 6%
Pennroad Corp_ 7 2S 2% 2%
Pepperell (4*) .. 25a 89% 89% 89%
Pharla TAR .60*. 1 7% 7% 7%
Pboenli Sacur 5 6% 6% 6%
Phoenix Secur pf 60a 28S 28% 28S
Pltney-Bowes .40 1 7% 7% 7%
Pitta Forging 1 12% 12% 12S
Pleasant VW.ldg 2 IS IS IS
Potraro Sugar .. 1 1% 1% 1%
P 8 Ind $7 pr pf 25a 60S 60S 60%
PS Ok pr In pf(6) 40* 97 96 97
Pugst Sd P 46 pf 125* 68 67% 68
Puget 8’d P 46 pf 675a 23% 22 23S
Puget Sd PAT.. 18 8 8
Pyren* (,40g) .. I 5% 5H 5%
Quaker Oats pf 6. 10* 142 142 142
Reiter Foster 5 % % S
Richmond Rad... 2 2% 2 2%
Rome Cable ,20g. 1 11% 11% 11 s
Root Petroleum . 6 3% 3% 3%
Root Patrolm pf. 19 9 9
Rustless Ir A 8tl 2 14% 14% 14%
Ruat IAS pf 2.60. 100* 46 46 46
; St Kegis Paper . 1 3% 3% 3%
Scovlll Mfg .60*. 2 34 34 34
j Sculiin Steel war 6 1% 1% IS
I Segal Rock 2 ft
* Select Industries 11 1 1
' Seton Reat’r .B0g. 1 8% 8% >%
j Seversky Alrcr’t 17 6 5 6
1 Rher- Wilims(Zg) 100* 92 92 92
, Sher-Will pf (6). 10s 110 11(1 110
I Silex Co (la) - 1 15 is 15
Singer Mfg (6a). 50* 140 U<> 140
8 C Ed pf B 1.60 .. 1 27% 27% 27%
j So land Roy 25g_ 2 6% 5% 5%
SnalHlmy 1 at . in- 1 >1 , n
Stand C * S 1.60 .. 4 144 144 144
Stand Oil Ky (1) 6 1S>« 184 18',
Stand Pwr * Lt.. .6444
Sterchi Bros Sta. 1 44 44 44
Sterling Brtw .. 1 24 2 * 21.
Sterling. Inc 20a. 3 3 24 24
Sunrav Oil 05g . 2 24 24 24
Sup Oil of Calil). 1 384 3g., 3gi.
Taggart .. 4 44 4 4
Tef.hnlrolor.60g 2 114 114 114
Thew Shovel .60* 50* 154 154 15',
Trans-L«ux ... 23 14 14 14
Transwest Oil... 3 34 34 34
Trl Conti war , 2444
Tubize Chatlilon. 2 104 10 10
UtiiCgr Wh gtri. 6 # W M
Unit Elastic 3ug. 16 6 6
Unit Gas ... 14 24 24 24
Unit Gas war . 1 4.4 1,
Unit Gas pf 6.76k 3 854 854 854
Unit Ut&Pwr (A) 2 14 14 14
Unit UtAPwr <B1 1 is is p,
Unit Shlpyds <B) 2 14 14 14
Unit Sh M 2.50a.. 75s 734 73 73
US Foil (B)- 2 44 44 44
U S P,adiator_ 2 2 2 2
U S Rub Reclaim. 1 44 44 44
Unit Verde Ext . 12 14 1 14
j Utah-ldaho Su*_. 3 24 24 24
I Utility Equity .. 1 is is 14
| Utility Eq Df lk.. 26§ 664 564 564
I Utility & Indus.. 2 4 S 4
i Venezuela Petrol. 2 111
I " alt t & Bond A . 1 44 41, 44
W Tex L t 36 pf 6 10« 934 934 934
WestVaC&C 1 24 24 24
Western Air Exp. 2 34 ,3s 34
WiU’ms RC .15*. 18 8 8
Woodley Fet .40.. 15 5 5
Wright Harg.40a. 11 64 84 64
Tukon Pac Mf*__ 1 14
r In Bankruptcy or reretverihla or belct
reortanized under Bankruptcy Act. or
securities assumed by such companies
Rates of dividends in the foregoing table
ere annuel disbursements based on the last
puarterlv or semi-annual declaration 0n
less otherwise noted, sseclal or extra divi
dends are not included
XJ Ex dividend xr Ex rigb’s e Also
i fxt£“ £P*1<1 lait »e»r * Pa"
! J'h.r \ « Declared or oald so far
afJis.^C88^ or S,ock k Accumu
!!• tidnsi7 den,d °*la ®L declared thU year
’ ®„ll"d;r _™]e . *» with warrants. gw
| without warrant* war Warrants
Dividends Announced
NEW YORK Oct 14.—Dividends de
clared. Prenared bv Pitch Publishing Co..
■reamed.
Fe- Stock of Pav
,, Rate riod. record able
Calhoun Mills _$1 11-15 ll-0Q
National Bauery _15c .1 10-25 io-3i
Schmtzer-Cummins .25c __ 10-25 11-6
Extra.
Procter * Gamble_25c_10-25 11-15
Initial.
Boston Metal Inv-14c_10-16 10-10
■egnlar.
■Jh Pni*lltT £°„-50c o 10-10 10-16
AUas Plywood Corn of_32c <5 lo.oo 11-1
Water--?! Q 10-10 10-20
; Bkljn iel Mrs ger_$l 25 Q li--'o 10.1
Buck Hills Falls_1-lgc Q w-1 !].U
Eastern Shore Pub 1 Ji lo
Svc *6 pf . - *1 50 Q ll-io i-.i
_,Do ?6.r>0 pf - $1.H2'2 Q 11-10 o.f
E! Paso N G 7G of $1.75 Q 11- S j ••
Gold <fc Stork Tr’ $1.50 q j-’-.pi [
Hussmann-klgonier 25c Q 10-*’o n-7
, 9° 5'2e« cv pf_Kb'«c Q 1 -»-"(* i*>.1()
Inti Ocean Tel $1.50 Q 12-30 jJ
Lehburg * Ab don Tei._$3 S 12-15 1
Oahu Suear Ltd ,V M ] |.«t 11-15
A- Gamb!#*-50r, Q 10-::5 n _ 15
xi* J Tob-5oc lo-'J.s II-15
gtfin A A- Co _ III q ! | 'J ?
St ouff^r Corn A _.W «c q J o.-:^ { j ~j
L,n B _10-**‘i 11.1
Western Cart ridge _yi 5,1 {n_y Jn.,4
Second Trust Notes
We will buy monthly payment de
ferred purchase money second trust
notes, secured on owner-occupied
private dwellings.
UNION FINANCE CO.
Old Woodward Bids NA 7080
Money for Construction Loans
and
Loans on Existing Properties
mar duo on non onlx
GEORGE I. BORGER
043 Indiana Are. N.W.
Nan *300
First Trust Loans .
Saa u« LEARN
HOW m many of Hia
fma naw
APARTMENT HOUSES
Lava baa*
PERMANENTLY FINANCED
by in.
Tyltr aid Rutturford
me.
•mm'SS&BT&SL* Ca.
1512 L St. N.W. HA 0475
I
Sales of Department
Stores 11 PerCent
Ahead of 1938
Fifth District Shows
Increase of Only
5 Per Cent
Br the As«oci»te<l Pres*.
The Federal Reserve Board estl
' mated yesterday that department
■ store sales in the week ended Oc
tober 7 averaged about 11 per cent
higher than in the comparable week
; last year.
Increases by Federal reserve dis
! tricts: Boston 2. New York 7, Phila
delphia 8. Cleveland 17. Richmond 8,
; Atlanta 15, Chicago 9. St. Louis 22,
, Minneapolis 12, Kansas City 8.
I Dallas 18, and San Francisco 18
per cent.
Boston Wool Prices Soft
As Dealings Slacken
B* the Associated Press.
BOSTON. Oct 14.—The Commer
cial Bulletin today reports.
"The wpek in the wool market
has been very slow, although some
Indications of revival have been in
evidence these last two days. Prices
have consequently ruled a bit soft,
possibly to the extent of 5 per cent
down from the peak
“Sales in South Africa have been
made on a basis about 10 cents,
clean basis, under this market., or
about 95 cents, clean basis, duty
paid Boston, for good combing
64-70 wools. Shipping appears to
i be fairly facile.
"London will hold an appraisal
sale Monday, from which, it is under -
: stood, a new level for maximum
prices will be set up but government
needs will, of course, take prece
dence over civilian requirements.
"The pipcegoods markets have
bepn slowed down this week, with
spring staples ruling 50 to 55 cents
a yard above the level at Septem
ber 1.
"Buying in the west has been
practically at a standstill, with
growers inclined to hold for a
higher level still.
"Mohair has been quiet but nom
inally is unchanged.
.
■ » » v w WfflWIWflHMK
3
I
For Your Dollars!
• Any Amount, from
$1 00 up, opens an ac
count — usual with
drawal privileges —
tax exemption fea
tures.
• Every Investor’s Ac
count is PERMA
NENTLY INSURED
against loss up to
SS.Oftfl by an agency
of the United States
Government.
• Highest Earnings are
paid, consistent with
the high Degree of
Security assured to
each investor.
Special attention to
Mail Inquiries.
District 2340
FIRST raXRfll
savincs add ioun
flssocumon
Conveniently Located:
61013th St.N.W. (Bet. F & G)
»♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦'
§| K ST. IV.B. I - |!j;!
Desirable Space Available in One of the City's I
Most Conveniently Located Buildings
Suitable for-offices, stores, laboratories, etc,
1ST FLOOR: One unit containing approximately 1 on©
square feet; 2 lavatories: front and back
entrances; limj^ed parking space in rear.
2ND FLOOR: Entire floor, containing approximately
3,000 square feet; 2 lavatories; sep
arate rear entrance; well lighted and
ventilated by large windows and sky
lights.
jj
SRD FLOOR: Suite of 3 rooms and lavatory. (Auto
matic elevator to upper floors.)
For further information and details, call
B. F. SAUL CO.
| 925 15th St. No 21Q0 ijj
I Property
Management
Automobile
Insurance
| m
Apartment |
Yoiv'll have experienced service when |
and House you Place your apartment house and 1
residential properties in care of our |
I Management Property Management Department. 1
A complete service at a nominal fee. g
B. F. SAUL CO. I
13th St. N.W. Mcpkerton 5att«rt National 2100 I
A A

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