American Security's New Navy Branch Headed by Birgfeld By Edward C. Stone By EDWARD C. STONE. At the request of the Navy De partment a new branch office was opened today by the American Security & Trim co. in the Navy Building, Con stitution avenue — and Eighteenth street N.W., Daniel W. Bell, president, an nounced. It is the company's sixth branch. The new office Is under the management of Kenneth Birg f e 1 d, assistant treasurer, who was formerly in the main office. Paul J. Bisset, Kenneth Birffeld. formerly assistant manager of the Southwest Branch, has been named assistant manager. The office, which was very busy on the opening day, offers checking service, loans, treasurer's and trav elers checks, the issuance and re demption of United States Savings and War Bonds, cashing of checks and has a travel department. It was further announced that William B. Davis has been named assistant manager oi the Southwest Branch, to succeed Paul J. Bisset. He is a graduate of Washington Chapter, American Institute of Banking, has been with the com pany since 1920, at present being note teller at the Southwest office. Clearings Break All Records. Bank clearings in the Capital in September totaled $267,579,767, the highest record for any month in any year, and a gain of $76,347,398 or 40 per cent over September a year ago, George H. Bright, manager of the Clearing House Association, reported today. Bank clearings in the first nine months of the year also smashed all previous records for that period. Canceled checks totaled $2,277,908, 674 against $1,789,727,938 in the like 1945 period, a gain oi $488,180,735 or nearly 27.25 per cent. Bankers said the new records were mainly due to exceptionally active I business, income tax. District real j estate and personal tax payments made during the month. Monthly comparisons with last year follow: 1946 1945. January _ $257,680,197 $189,877.446 February 214,598.191 197,381.510 March . 247.190.294 198.030,379 April ... _ 256.244,875 185.253.251 May _ _ 260.344.709 204,986,068 June _ . 259,703,925 229,795,494 July _ 265.169,866 207.880.256 August _ 249.399,845 185,291,162 September __ 267.579,767 191.232,368 Two Extra Dividends Voted. Directors of the Lincoln Service Corp., Woodward Building, have declared regular quarterly divi dends on the 7 per cent preferred stock amounting to 87 % cents a share; the 6 per cent participating preferred, 37Vi cents a share, and 25 cents a share on the common, Charles Delmar, president, an nounced today. The board also declared an extra dividend of 50 cents a share on the common stock and 50 cents on the 6 per cent participating pre ferred. All dividends are payable December 12 to stockholders of record November 30. I Business Briefs | Farm Mortgage Debt in the United States approximated $5,080,717,000 on January 1, 1946, a drop of 22,9% since the beginning of 1940 and 3.67o below the start of 1945—Federal Re serve Board. Municipal Financing, especially for sewage disposal, is expected soon on a large scale. Proposals for con struction of this type now exceed $2,000,000,000 and much of it is ur gent. August Furniture Shipments were 8% above the previous month and 46% above a' year ago—Seidman & Seidman. New orders were 9% be low the previous month but 73% above a year ago. Pharis Tire & Rubber Co. regis istered with the SEC 100,000 shares of $20 par cumulative preferred to be sold publicly at $20 a share. Dobbs Houses, Inc., restaurant! chain, registered with the SEC 75,000 common shares to be offered pub licly for expansion purposes. Wash ington was listed among cities in which the chain plans to open one or more new restaurants or coffee shops. Beaunit Mills, Inc., registered with the SEC 180.000 common by St. Regis Paper Co. and the re shares, of which 140,000 will be sold mainder by I. Rogosin. Beaunit pres ident. City of Houston, Texas, offering of $6,510,000 bonds was marketed at prices to yield from .85% for for 214 % obligations, due 1947, to 2.25% for 2% bonds, due 1976. St. Louis-San Francisco Railway received a high bid of 99 93 for $5,500,000 of equipment trust cer tificates with a 174% coupon. Abbott Laboratories reported 93% of its 4% cumulative preferred stock had been turned in following a call for redemption by October 15. Federal Machine A Welder Corp. will offer 40,000 new common shares to stockholders of record October 8 at $7.50 a share on the basis of a new share for each 15 held. Pacific Telephone A Telegraph Co. estimated net income for 12 months ended September 30 was $19,968,000 or $6.11 a share vs. $22, 363,911 or $7.09 in the preceding fiscal period. American A Foreign Power Co. and subsidiaries earned $10,201,426 in 12 months ended June 30 vs. $9, 845,094 in the previous year. - Baltimore Transit Co. net income for eight months ended August 31 was $1,326,896 vs. $821,358 in the same 1945 period. Mueller Brass Co. earned $353,937 or $1.33 in nine months ended Au gust 31 vs. $749,000 or $2.82 a year ago. United Paperboard to. profit for 12 months ended May 31 was $87,326 or 18 cents vs. $143,974 or 39 cents in the preceding fiscal period. International Business Machines Corp. is producing its first machine utilizing electronics for multiplica tion. It multiplies up to six-digit numbers by others of the same size and records answers on cards at the rate of 100 per minute. Ford Motor Co. has let contracts for a $2,000,000 modernization pro gram at its Lincoln plant in De troit. Campbell Soup Co. elected James McGowan, Jr., president to succeed the late Arthur C. Dorrance. General Electric Co. elected to its board Edward R. Stettinius, jr., former Secretary of State, and Rob ert T. Stevens, chairman of J. P. Stevens & Co. N. Y. STOCK EXCHANGE (Furnished be the Associated Press.) Sales— Stock and Add Net Dividend Rate 00. High. Low 2 .30. chge. ABBOTT LABSa 10 70 68% 68%-1% A C F-Brlll Mot. 1 10 10 10 — % Acme Stl i.65e . 3 42 42 42 +1 Adams Exp 20e 14 15 14% 15 + % Addressog 1 lOe 4 271b 27% 27%-% Admiral CP V,e 4 11% 10% 10% -1% Air Reduction la 26 37% 36% 37%+ % Alaska Juneau 17 5% 5% 5% + % Aldens Inc 1.20. 4 32 31% 31%-% Alleghany Corp 45 4 37» 4 Alleghany Cp pf 7 35% 34% 36 -1 Alleg LudlumS 2 12 42% 41% 42%-1% Allen Indust 3/«g 4 19% 19 19Vs - % Allied Chem 6__ 11 163 158 160 -3 Allied Kid la_ 3 21% 21 21 + >4 Allied Mills le._ 5 32% 32% 32%-% Allied Stores 2 . 16 40% 40 40Va - % Allis Chaim 1 fiO 20 38% 37% 37%-% Alpha PtCeml. 2 28% 28% 28%-1% Amalg Leather.. 2 7% 7% 7% — % Amerada Pet 2 6 70% 69% 69% -1% Am AgCh Del 2a 2 41 41 41 -1% Am Airlines 73 11% 11% 11%-% AmBankN 1.1 Be 4 29 28% 29 -1 tAm Bnk N pf 3 10 72% 72% 72% - % Am Bosch %e _ 1 15% 15% 15% + % Am Brake Sh 2 7 39% 38% 39% - % Am Brake Sh rt 118 1% % 1 - % Am Cable&Rad. 17 7% 7% 7%— % Am Can 3 6 85% 84% 84% -1% tAm Can pf 7 ... 60 195% 193 195%-2 Am Car&Fdy 2e 5 49% 49 49%-1% Am Ch&Cbl 1.40 15 25% 25 25%+ % tAm Chicle 4a . 20 130% 130 130 Am Colortype 1. 6 21 19% 20 —1% tAm Crstl pf4% 20 102 102 102 +1 Am Distillers 2a 3 52% 51 51 -1% Am Expt L 1.20. 9 211/4 19% 20 -1 1 Am & Frn Pwr 10 6% 6% 6% - % Am&FP 7pfS%k 1 103 103 103 -3 Am A F P 2d pf 11 22% 20% 21%-1% Am Hide&Leath 4 6% 6% 6% — % Am Hd&Le pf 3 1 44% 44% 44% - % AmHomePr 3.60 6 100 98% 98% - % Am Ice ’ae_ . 5 11 10% 10% - % Am Invst 111 .60. 1 11% 11% 1174 + % Am Locoro 1.40a 11 27% 26% 27% - % Am Mch&Fd 80 10 26% 25% 26 - % Am Mch&Met 1. 3 16 15% 15% Am Metal 1 _ 8 26 25% 25% - % AmMolasses 60a 1 12 12 12 — % Am NewsCo ?ie. 4 37% 37 37 -1 Am Power & Lt 64 12% 12 12% — % AmP&L 6pf4%k 3 114 113 113 -2% AmP&L 6pf3’,ik 10 1037b 102% 102% -2 Am RadA-Sn 40 28 15 14% 14% - % Am Roll Mill %e 34 33% 32% 33 - % tAm RM pf 4% 1 1047b 104% 1047b + % Am Safety R 1 . 5 16% 16% 16% - % tAmShipBldg 2e 20 37 37 37 +1 Am Smelt&R 2a 18 51 49% 49%-1% tAm S&R Pf 7 10 172 172 172 -2 Am Rtl Pound 2 9 32*4 32% 32%-1% Am Stores l.lOe 2 29% 29 29 — % Am Sugar Ref2e 1 42 42 42 — 54 Am Tel A Tel 9. 17 175% 174*4 174*4 - 54 Am Tobacco 3a_ 1 75% 75% 75% — % Am Tobac B 3a. 7 •79*4 78 78 —1% tAm Tob pf 6 .80 15754 156% 156% -1 Am Viscose 2 . 9 5354 52% 53% -1% Am Water Wks 61 15% 14% 15% — % Am Wat Wks pf6 1 102% 102% 102% - % Am Woolen 15 42% 41% 42 — % Am Wool pf5'ik 3 137 135% 135% -3% Am W1 pfctSHk 1 131% 131% 131% +1% Am Zinc LAS 6 8 7% 754—% Anaconda 2% 33 38% 3754 38 — 54 tAnacon WAC 1 170 4^ 45 45 Anchor Hoc 90e 2 44 43% 44 —1 AnderClayl.60a 8 54% 53 54%+ % Ander-Prich O 1 3 17% 17 17 — % Archer-Dan.80a 1 32% 32% 32% Armour A Co 66 12 1154 1154— % ArmstrongCk la 12 47 46% 46% — % Art loom Cp .40. 9 16 15% 15% -1 AssdDryGdsla 14 22 21% 21% -1% tAsso DG 2nd 7 50 135 134% 135 +3 AT Pine lie 8 16% 1654 16%-% Asso Investors 2 1 46*4 46% 46% —1 Atch T A S P 6. 10 86% 85% 86 -1% Atch TASF Pf5 1 106 106 106 + % Atl Coast Line 4 3 53 52 52 -1% ’ AtlGAWIndSg 1 34% 34% 34%-%! At! Refining 1 Vi 19 37 36% 3634 - 54 tAtl Reflng pf 4 110 114% 114 114 -1 Atlas Corp 1 >i- 1 24 24 24 - % tAtlas Pow lHe 80 6154 60 60 — % Austin Nichols 1 14% 14% 14*4 —1 i Auto Canteen 1. 9 19% 19 19%—2 Autocar Co 2 20 20 20 —1 ' Aviation Cp .lOe 32 7% 7% 7% - % Aviation of 2*4. 5 48 48 48 - 54, BALD LOCO He 24 22 21 21% - 34] Balt A Ohio_ 46 1354 13% 13% - % Balto A Ohio pf 10 2154 21 21% —1% \ tBang A Ar pf 5 130 68 67 68 — 54 Barber Asphlt 1 2 52% 52 52% —1% Barker Bros la. 1 30 30 30 —1 Barnsdall Oil 1. 15 23% 22% 23% ^ % BathlrWks 3%e 4 22% 22 22 BeatFoods 1.40a 5 56 55 55 -254 ] tBeatrice cv 35. 20 113% 113% 113% BeechAlrcrft lg 5 16% 15% 1554- 54 Belding Hm .80. 2 1654 1654 1654-% Bell Aircraft le. 14 20% 19% 1954-1%! Bendix Av l'ie. 9 37% 36% 3634 — 34 Beneficial 1.20a 1 25 25 25 — */. Benef In L pf3*4 1101 101 101 -2 Best* Co 1.60 1 3554 3554 3554 - 14 Best Poods 1.20. 11 2654 2554 2554 -1% Beth Steel 6 . . 23 97 95% 97 -1% Blgelow-Sanf 2 '2 5654 5654 5654 — % BlackADeck 2a 3 37 37 37 Blaw-Knox ,60a 14 19 18% 18*4 — 54 Bliss A Lau *«e_ 3 1454 1454 1454— 54 Bliss EW 7 21 20% 21 — % Bliss EWpf 2*.i 1 4054 4054 4054- % Boeing Alrple 14 24% 23% 24% — %; BohnAlABr a%e 1 45 45 45 —1% tBcn Ami B 254 50 57% 57% 57% Bond Stores 2_ 5 35% 35 35 —134 Borden 1 He 4 46% 46% 46%+ % Borg-Wam 1.60 8 42% 42i/4 42% — 54 Boston A Me_ 3 554 5*4 5% — % Braniff Air .60 3 18% 1754 18 -1 Brldgept Brs .60 16 15% 15 15% — % Briggs Manufg 2 14 35 3454 35 — % Briggs A Strat 1 3 26 25% 25% — % Bristol My 2.40. 3 5054 50% 5054- % tBristl-M pf 354 30 109 109 109 +1 BklynUGas 1.60 3 29% 2834 29%+% Brunswk-Baik 1 3 23% 2354 23% —1*4 Bucyrus-Er .45e 14 16% 16% 16% — % BuddCo 41 12% 11% 12 - % tBudd Co Pf 5 260 83*4 83 83 — % BufT Fore 1 80-. 1 27 27 27 —1 Bullard Co 3 J6 26 26 — % BulovaWateh 2a 7 41% 4054 41 —1% Burling Mills 1 a 39 21 20% 20% — % Burr Add M 60 22 1434 14*4 14% - % Bush Term 35e 4 7% 754 734 — */. tBushTerB pf4k 100 78 78 78 -3 Butler Bros 80e 4 25 2454 2454 —1% tButlerBropf4% 10 105 105 105 Butte CpAZ He 2 5% 5% 5% — *4 j Byers AM Co He 3 17*4 17% 17% — % ♦Byers A M Pf 7. 10 102 102 102 Byron Jack la.. 8 24*4 24 24 —2% CAL PACK 1H 4 33 3254 32*4- % tCalif Pk pf 2%. 40 54 53% 53% - 54 Callanan Zinc 11 3% 3% 3% Cal A Hecia .15e 12 7% 7 7-14! Campbell WvHe 4 74 23% 23% — % Can DrvGA 15e 6 14% 14 14% Canad Par 1 He 56 1354 13% 13% — % Cannon Mills 2e 1 56% 56% 56% —1% Cap Adm A 40g 1 12% 12% 12% CarpenterStl 2e 2 42 42 42 —154 Carrier Corp 17 18% 17% 18 - 541 CatrlerCorp p(2 4 41% 41 41% — % CarrlersAG 20a 3 634 634 634 — % Case J I Co 2e . 3 37*4 3654 3654 -1% Caterplllr Tr .3 6 61% 61 61% - % Celanrse Corp n 32 22% 21% 21% —1% Celanese 1st 43« 1 104% 104% 104% — % Celotex Corp 1 a 18 28% 27% 27% — % CentAgulrre 1% 1 21% 21% 21% — % Cent Foundry 12 11% 10% 10% - % CenHGAEfile 2 9% 9% 9% Cent R R N J • 3 9% 9 9 - % Century Rib 60 1 13% 13% 13% - % Cerro dePasl %e 5 36% 35% 35% -1% Certaln-teed.30e 28 17% 17 17% — % Chain Belt 1 _. 1 26% 26% 26% Champ PAF la 2 46% 45% 45%-1 tChamp P pf 4% 20 106 105 105 -2 Ches & Ohio 3 14 52 50% 50% -1% ChicagoCorpVie 16 9% 8% 9 — % Chi A East 111 13 6% 6% 6% - % Chi A EC] Ale 6 11% 11% 11% _ s/6 Chi Ort West pf 7 14 13% 13% - % Chi M SPAPac 37 13% 13% 13% + % ChiMSPAP offie 30 35% 33% 35% - % CbiANorWest. 13 19% 19 19% - % Chi A NW Bf .. 16 42% 41% 42% Chickasha 1_ 2 16% 16% 16% -1% Childs Co •_ 36 11 9% 9% — 1% Chrysler Corp 3 36 88% 88 88% — % ClnGAElec 3fle 152 24% 24 24 - % CinMlIMcbl Ofie * 24% 24% 24% - % CITFinanceS 14 39 38% 38%-1% City IceAP 1 60 4 30% 29% 29% - % City Invest 1 12 12 12 — % ♦City Inv pf S% 80 98 98 98 City Stores 90e 6 21% 20% 20% -1% Clark Eaulpmt 3 1 46 46 46 -1 tClev E 111 pf4'/a 30 111% 111 111% +1% Climax Mol 1.20 22 23% 22% 22% - % Clinton Ind 1.60 5 29% 28 29% +2 Cluett-Pebody 2 3 43 42% 42% + % ♦ Coca-Cola A 3_ 20 63% 63% 63%+ >4 Colgate-P-P 2a. 4 50% 50% 50% + % Collins A Aik 1 a 1 42 42 42 -1 Col PuelAIr 46e 29 11% 11% 11%-% Col PuelAIr of 1 2 17 16% 16% - % ♦ColASo 2nd pf 50 16 16 16 Col BcastAl 30e 7 31% 31 31%-1 Col BcastBl .30e 8 31 30 30%-1% Col GasAEi 20e 102 9% 9% 9% - ^ ColumPlctlb . 6 25% 24% 24% - % CcdumPlct Pf4y« 1 83 83 83 ColumCarb 1 60 4 36% 35% 35% -1% ColASO E 1 80e 24 39% 38% 39% - % Cornel Credit 2 11 40 39 39% - % | tComl Cr 013.60150 107% 107% 107% + % Comeisol«n.60a 14 23% 22% 23 -1 Comwl Edis 1.40 25 31% 31% 31%+ % Comwl A South 124 3% 3% 3% — % ComAS pf 9V4k 10 117% 115% 117% +2 i Conde Nast ‘+e 4 15% 15% 15% Congoleum-N la 2 28 28 28 — % ConsCooper.lOe 11 6% 6% 6% — % ; Cons Edisn 1.60 39 27*% 27% 27% - % Cons Edisn pf 6. 12 106 105% 105% I Cons Grocers 1. 6 20 20 20 — % Icons Nat Gael a 2 47 47 47 — % Cons RRCuba pf 3 20% 20% 20%-1 Cons Vultee 2 10 22% 21% 21%-1% I’ConsumP pf4%120 112 112 112 -% I Container Cp 2 a 15 41 40% 40% — % Cont Baking %c 6 16% 15% 15% —1 Cont Can 1 . 16 36 35% 36 -1% Cont Can pf 3% 1 106% 106% 106% - % Cont Diam Fib 2 10% 10 10 - % Cont Insurnce 2 3 50% 50% 50% — 1% Cont Mot .36e . 10 12 11% 11% - % Cont Oil D 1.60 20 37% 37 37%+ % Cooper-Bess 3 17% 17% 17% - % CopprwldStl 80 3 14% 14% 14% - % i Corn Prod 2.60 . 2 62 62 62 -1 ICornellD El so 7 15 14% 14%+ % 1 Corning Gis *.e. 4 29% 29% 29% tCorning pf 3% 30 106 106 106 +1 Coty Ine 20e 1 8% 8% 8% + % Coty Inti -20e_ 2 5 5 5 — % Crane Co la 26 36 35 36 -1% Crown Zell 1.20. 5 28 29% 28 — % Crucible Stl 2g 3 38 38 38 -1% Cuban-AmSl Vie 12 19% 18% 18% - % CudahyPk 1.20a x 1 39 39 39 -1% Cuneo Press 80 1 19% 19% 19%+ % Curtis Publish.. 20 12% 11% 11% - % Sales— Stock end Add Net Dividend Rate. 00. High. Low. 2:30. chge. tCurtis Pub pf .. 70 115 112 115 +3 Curtiss-Wright, 16 6% 6% 6% - % Curtlss-Wr Ale 11 18% 18 38%-% Cutler-Ham 90e 1 29 29 29 —1 DAY P A L*T45e. 31 29% 28% 29 - % DaytonRub 60e 2 21 20% 21 DeccaRcds2 40 2 46 46 46 —1 Deere A Co 1' ,e J 1 30% 38% 38% - % Del A Hudson 4 5 31% 3034 30%-1% Del Lack A Wn 7 7% 714 7% Det Edison 1.20 4 24 23% 23% - % 'Det Hillsdale 4 80 66 66 66 +1 Diam Match 134 3 38 37% 37% Dist Cp-Sg 60 44 19% 18% 19 - % 'Dixie Cup A234 20 52 52 52 -1% Dr Pepper 1 2 30 29% 29% - % Dome Min 1.17e 13 17% 17 17%-% Douglas Aire 5e 2 8234 81% 81% -1% Dow Chemical 3 1 159% 159% 159% -2% Dresser 'ndust 15 19 19 19 Dresserlndpf33« 1 96 96 96 -3 Dunhill internal 4 18% 18% 18% - % Du Pont 4Vie _. 4 183 181% 18234 -1% Du Pont Pt 434 1 127 127 127 +1 DWG Cigar ,45e 4 15% 15 15 EAGLE-PIC.70e 2 21 21 21 - % Eastern Air L % 57 23% 23 23 -134 EastmanKdk 6a 2 210 210 210 -2 Eaton Manufg 3 9 44 43 43 -1% Edis B Strs I34_ 2 27 27 27 Ekco Prod Vie 4 19% 19% 19% - % Elastic Stop Nut 2 7% 7% 7% El Auto-Lite 3_. 14 54% 53% 53%-134 I El Boat la_ 2 17 17 17 + 14 El & M Ind .08e. 2 3% 3% 374— % lElPowerALt . 42 15% 1534 15%-1% : El PAL 6pf 434k 1 137% 137% 137% - % 1 El PAL 7pf 53ik 2 147 147 147 -3 Elec Storage B 2 1 41% 41% 41%-1 ! El Paso NO 2.40 3 46% 46 46% Emerson El M . 5 1414 14% 14% - % Engineer Pub S 14 25 24% 25 -1% 'Eng P S pf 634. 50 103% 103% 103% - % Eault Offlce B •- 6 3% 3% 3% Erie R R 1_15 11% 11 11 - % Erie R R pf A 5. 2 56 56 56 Eureka Wms %e 1 11% 11% 11%-14 EvansProduct 34 1 19% 19% 19% - % Evershrp 1.20a. 8 3? 30% 3174- 34 Ex-Cell O 2.60 3 42% 4234 42% -1% FAIRBANKS 1 a 1 53% 5334 5334 Fajardo Sug Tie 8 21% 21% 21%-% i Farnsworth 8 9% 9% 9% — % FedLt&Trac »ie. 1 22% 22% 22%+ % Fed Mogul 1 Vie . 1 33 33 33 -1 j FedMoTruck.40a 4 12% 1234 12% - »4 Feder D Strs . 14 26% 25% 25% -1% Ferro Enamel 1 3 23 22% 22% -1% Firest TAR 2’1.60. 8 37% 36% 36% - % Kress (SH) 2a _ 7 50% 50 50 - % Kroger Co 2 . 2 47 46% 46% -1% LACLEDE O V«g. 40 6 5% 6 - % : Lambert Co 2... 2 44 44 44-1 Lane Bryant __ 2 17% 17% 17% - % Lee Rubr&Ti *a. 1 52% 52% 52% - iZ Lehigh Col&N 1. 2 12% 12% 12%—% Leh Port C 1 %2 40% 39% 39%-1 Leh Valley Coal. 9 2% 2% _ 14 Leh V Coal lpf3. 7 21% 20% 20%—% Leh Valley RR 23 7% 7% 7% - % LehmanCoS 3Se 7 45% 45 45 —1 LernerStr l>/4a. 4 28% 28 28%-% Llb-O-P Glass 1 22 50% 49% 49% _ % LibMcNAL ,60e. 15 10% 10% 10% - % Liggett&Myer.la 1 83 83 83 -2 Llggett&M B 3a. 4 85 84% 84% -2 fLigg & M pf 7_. 10 195 195 195 Lily Tulip 1%_1 42% 42% 42% Lima Locom 2a. 4 49% 48% 48% — % Lion 011 1.40 . 14 37% 37 37%-% Liquid Carbonic. 6 25 24% 25 — % Lockheed Air 2. 18 29% 29% 29%-% LoeWs Inc ltia. 25 28 27% 28 - % Lone StarC 3% 4 71% 70% 70% — % Long-Bell L.12k 5 21% 21% 21% — % Lorrllard Prod 1 12 22 21 21% - % Lou G&E A 1 % . 2 26% 26% 26%+% Louisvll&N 3.52 4 50% 48% 50% + % Lowentn&Sl V2a 12 25% 25 25% —1 tLowenstn pf4’/4 30103 103 103 — % Lukens Steel 2 15% 15% 15% -1 M’AND&P 1.80e 1 34 34 34 + % Mack Tiucks 1 e 5 51 50 50 — % Macy R H 1.60a 3 44 43% 43% —1% Mad So Gar .80. * 3 14 14 14 -% Magma Copr %_ 1 18% 18% 18% —1% Magnavox %b 4 17% 17% 17% Manatl Bug tie . x 2 9% 9% 9% — % Maracaibo 07e 1 3% 3% 3% Mar ire Mid 30 35 8 7% 7%-% Marshall Fid 2a 14 38 37 37% -1% Martin Glenn 3 11 37 36% 37 -1 Martln-Par» 60 2 17 17 17 — % Mathieaon Aik 1 12 56% 26% 26% - % May Dept Strs 3 8 51 50% 51 tMayDept pf3*/4 160 105% 105 105 +% Maytag Co ... 3 10% 10% 10% — % Maytag pf 3 ... 1 46% 46% 46%+ % McCall Corps _ 4 49 47% 48 -1% McCrory Str la. 6 28 27% 28 — >4 tMcCrory pf 3% 50 105% 105% 105% - % McGraw Hill »/40 5 27% 26% 25% + % Mclntyr h2.22a. 4 50% 49% 49% - % McKess&R 2.40 12 46% 45 45 -1% McLellan Strs 1 3 24 23% 24 + % McQuay-Norls 1 1 24 24 24 — % Mead Corp .66e_ 2 21% 20% 20% - % Mead Cp 2 pf 2. 2 46% 45% 45% -1% Melville 8hoe .. 4 23% 23% 23%-% MengelCo 40a 7 21% 20% 21%-% Mercant Strs 1. 15 22% 21% 22% - % Merck A Co 1 2 59% 59% 59% -1% Mesta Mach 2% 1 <42% 42% 42% -1 Mld-ContPet >/2# 8 J5% 34% 35%+ % Midland Stl P 2. 3 38% 38 38 -1% tMidlands lst8 40150 150 150 +1 Mlnn-H Rg 1.60 10 52% 51 51 -2% MInn-Molme 16 10% 10% 10% - % Minn & St L Ry. 1 44 44 44 MStP&SS A2%a 2 12 11% 11% - % Min M&M 1.40. 6 49% 48% 48%-% Mission Cp iy4g 1 32 32 32 -1 Mo-Kan -Texas 4 8 7% 7% - % Mo-Kan-Tex pf. 15 22% 22 22%-5% Molud Hos "Oe. 7 14% 14 14 -% MonsantoCby4e 20 49% 48 48 — % Montgm Ward 2 40 71% 70 71 - % _ Sales— Stock and Add Net Dividend Rate. 00. High Lor 2:30. ehge Moore McLlnl. 1 22'* 12'* 22'* - 1* Morrel & Co 2a. 1 42 42 42 - 14 Motor Products. 4 18*4 18*4 18*4 - 74 Motor Whl 1.20. 3 2274 21*4 2114-1 Mueller Br 1.80 . 3 4014 40 4014+ *4 Mullins Mfg He. 3 1514 15 1574 - 74 Munsingrear — 4 1514 15*4 15*4- 74 Murphy O C 1H 9 36*4 3514 3514 -1*4 Murray Corp 3 11*4 11*4 1114-74 MurrayCorp pf3 1 43 43 43 + *4 NA8H-KELV H. 25 15*4 15*4 15*4- 14 ’Nash Ch&SLle 30 28 28 26 + *4 Nat Acme 2_ 4 2974 2 9 29 - 14 Nat Airlines_ 16 1914 1814 19-14 Nat Auto Pib .80 12 1174 11*4 1114 - *4 Nat Aviation He 13 1714 1614 17-14 Nat Biscuit 1.20 16 2S>4 2147 2714- 14 Nat Can _ 4 1114 11*4 1114+ 14 Nat Cash Reg la 2 3514 35*4 3514 - *4 Nat City Lines 1 4 1714 17 17 - 74 Nat Cyln G 80a 8 17*4 16*4 16*4 - 74 Nat Dairyp 1.60 18 3614 37*4 3614 - >4 Nat Distillers la 63 12414 2314 :24»4 - 14 Nat Gypsum Hg 38 21 20*4 2014 - 14 Nat Lead Ha 18 30*4 30*4 30*4 - >4 tNat Lead pf B8 30 155 153 155 +5 Nat LinenS .lOe 3 8*4 8*4 8*4 Nat M&S C ,16e 2 22*4 22 22 - 14 Nat P&L ex-dis. 28 2v» 2 2—14 Nat Steel 3_ 6 82 81 82 - 14 Nat Supply 10 15*4 1414 15 - *4 INatSuppf4'4 20 99*4 99*4 99*4+1*4 Nat Tea .80. 5 2714 26*4 26*4+ *4 Nat Vul Fib 80 . 6 16*4 1574 1574 - *4 Natomas Co He. 1 10*4 10*4 10*4— *4 ran am ret.*ue. z 19 14% 14% PanhanEPL 2%. 3 44 43% 44 — % tPanh EPL pf 4. 10 106 106 106 -1 Panh P&R ,20g. 7 6% 9% 6 — % Paraffine Cos 2 . 1 65% 65% 69% — % Param Pic 1.60. 44 31% 30% 31%—% Park Utah ,10e. 7 3% 3% 3%-% Parke Dav],60. 3 39% 39 39 -1% Parker RulVie 1 28 28 28 - % ParmeleeTr 1.20 1 13% 13% 13%—% Patino Min 85e 2 16 16 16 - % Penney (J 0 2. 14 46% 49% 45%-1 Penn-Cent Airl. 21 25 23% 24% - % Penn-Dix Cemnt 6 19% 18% 19%+ % PennPw&Lt 70e 3 21% 21% 21% - % Penn R R l%e_. 37 27% 27% 27% - % Penn Salt le_ 3 39 39 39 -2 Pepsl-Cola ,70a. 22 24% 23% 23% - % Pere Marauette 2 19 19 19 -l Petrol Corp ,20e 2 9% 9% 9% PfeifferBrew Vie 5 13% 13% 13% - % Pfizer C&Co 2a. 9 62% 61 61 -2% Phelps Dg 1.60 10 33% 33% 33% - % tPhila Co 6 pf 3 280 66% 65% 66%+1 Phila Elect 1.20 31 26% 26 26 - % Phll&RdC&I le. 7 13% 13 13 - % Philco Ccrrp.SOa 7 23% 23% 23% + % tPhilco pf 33< _ 20 100 100 100 + % Philip Mors 1 Vi 27 35% 33% 34%-% Phil Morris pf 4 2 107% 107% 107% — % Phillips Petrol 2 12 56% 56% 56% - % i Pills Mills pf 4. 10 104 104 104 Pitts Ck&Ch %g 2 9 8% 9 + % t Pitts C&C pf 6 30 95 95 95 + % PitConCoal 1.40 7 19% 19% 19% Pitt PI Gi .80 22 36% 33 36% Pitt Scr & B .40 7 8% 8 8% - % Pitts Steel- 8 11% li n% _ % PtttstonCo- 3 16% 16% 16% - % Plymouth Oil 1 b 2 20% 20% 20% — % Pond Creek Poc. 1 21% 21% 21% — % Poor & Co B Vie. 3 17 16% 16%-% Pressed £ fc. Car. 5 15% 15% 15% - % Procter*Gam 2 19 57% 97% 97% - % Pub SvcCol 1.6S V 7 33% 35% 35%+% Pub Svc N J Vie 14 19% 19% 19% - % tPub SvcNJ pf8 200 128 128 128 + % ♦ Pub SvcNJ pf7 30 116 115 116 +1 ♦ Pub 8vcNJ pf6 60 112 111% 111% + % ♦ Pub SvcNJ of6 260 109% 104% 109% +1 Publickerlnd.. 12 39% 37% 38 —1% Pullman l%e._. 17 52% 90 51 -i% Pure Oil 1 21 22% 22% 22% - % Purity Bak 2.... 1 32 32 32 —1 QUAKERS 1.20 2 21% 21% 21% RADIO CP. 20e. 51 10% 10% 10% - % Radio Cp pf 3%. 4 80 78% 80 +2% Ra-Kth-01.20 44 17% 18% 17 - % ♦RRSecinCen8tU70 17 16% 16% -1% Raybest-M 2V»e 3 36 36 36 Rayonier Ino26 19% 18% 18%-1% Reading Co 1 ... 3 18% 18% 18%-% RelianceMfg.40t 7 16% 15% 19% -1% RemingR 1.30b. 3 38% 38% 38% - % Repub Avia Vie. 40 14 13% 14 — % Repub Pictures. 19 8% 8% 8% Repub Piet pf 1. 3 19 19 15 — % Repub Steel 1 40 27% 26% 27%-% Rep Steel pf A 6 1 110 110 110 Revere Copper . 18 20% 19% 20 - % ♦ Rev Cop pf 6V4 30 98 97% 9C — V4 Reynolds Ml Vie. 8 26% 26% 26%-% ♦Rey Met pf 6% 10 109% 109% 109% +1 Reynolds Spring 1 16 16 16 — % Rey TobB 1.40a 26 37% 36% 36%-% Rheem Mfg 1 1 24% 24% 24% — % Richfield Oil .80 3 15 15 15 - % Roan Antelope.. 2 7% 7% 7% — % Royal Type .60. 3 19% 19 19% - % Ruberoid le 5 44% 44 44 — % Ruppert J Sir 1 24 24 24 — % SAFEWAY ST I 6 23% 23 25 - % St Joseph Ld 1 6 52% 51% 32% + % SavageArms Vi 5 11% 11 11 _ )/4 Schenley Dlstl 2 26 65 63% 65 —1% Scott Papr 1.80. 2 45 44% 44% -2 Seab Air L R R 14 21% 20 21 - % Seab A L R R pf 3 50 49% 49% — % Seaboard Gil 1_. 2 26% 25% 25%-1% Sears Roebck 1 a 43 39% 38% 39 - % Seeger Sunbeam 5 14% 14 14 — % Seiberllng Vie.. 1 15% 15% 15% 8ervel Inc. ... 3 14% 14% 14%-% Shamrock 40a 13 21 20% 20%-1 Sharon Stl ,05e. 9 27 26 26 -1% Sharp&Doh Vie. 4 26% 25 25 -1% Shattuck F G 1. 2 18% 18% 18V* + % Shell U Oil Vie 7 32 31% 31% + % SheratonCp ifie 18 10% 10 10 - % Silver King Col 7 7 6% 6% - % Simmons Co Vie 10 38% 37% 38 —1 Sinclair Oil 32 16% 16 16 - % SkellyOUle_ 7 62% 62 62 -2 Sloss-8heflleld 3 15 15 15 — % 1 Sloss-S nf 1.20110 21% 21% 21% 8mlth(AO) Cp 1 1 49 49 49 -1% SmithASon .80* 6 39 38% 39 -l 8ocony-Vac Via 51 14% 14% 14% - % 8ouAmGoId.20e 17 5% 5% 5% So P Rico Su(4a 2 49% 49% 49%-1 So Pacific 4- 38 44% 42% 43%-1 Southern Ry 3 13 37% 36% 37%-1 Southern Ry pffi 1 69 69* 69 -1 Spald&Bro 80a 4 22 21% 21% — % Sparks Wlthlng. 7 6% 6% 6% + % Spene Kell 1.80. 1 39 39 39 +1 Sperry Com Vie 16 22% 22% 22%- % Spiegel Inc_ 18 19% 18% 18% - % tSplegel pf 4Vi. 290 90 88% 90 4-1% Sauare D ,40e _ 7 18 17 17 — % Squibb&Sons 3 . 5 45 44 45 —2 tSqulbb&S pf 4. 1110 110 110 4- % Std Brands 1 60 5 40% 40% 40% Std Brnds pf4’/a 1 110% 110% . 10% - % Std GsAEl S4 of 17 26% 25% 26 -1 Std 0&ES7pr Pf 7 93% 89 89 —4 StdOilCal 1 65e 18 54% 53% 54% - % Std Oil Ind 1 Via 33 42% 41% 41%—% Std Oil NJ la*. 67 67% 67 67% + % Std Oil Ohio 1_. 11 25 24% 24%-1 Std StI Bong Vie 11 13% 13% 13% — % Std Stl Sprg pf2 4 43 43 43 — % SterchlBroStVia 3 19% 19% 19% — % Sterling Drug 2 8 48 47% 48 — % Stewart-Warn Vi 9 16 15% 15% — % Stokley-Van Cm 3 29% 29% 29% — % Stokley-V C nf 1 2 21% 21% 21% - % Stone & Web lg. 6 16% 16% 16% 4- % Studebaker Vie. 12 22% 22% 22% — % Sun Chem «6e.. 4 15 14% 14% — % Sun OH lb_ 3 63 62% 63 Sunray Oil ,16e. 27 8% 8% 8% — % Sunshl Bis 2Vie. 4 49 48% 49 Sunshine U .40. 17 13 12% 12% - % Superheater la. 2 21% 21% 21% — % Super Oil Calif. 1110 110 110 —1 SuperSteel 1.20. 1 42% 42% 42% — % Swift&Co 1.80a. 9 32% '32% 32%—% 8wift Inti 1.60.. 7 28% 28 28 -1% Sylvan El Pr la 4 27 25% 27 4-1% tSyivan El P pf4 40 104% 103% 103% + % Symlng-GuIdVig 3 8% 8% 8% — % TALCOTT .60a. 1 13% 13% 13% -1 TENN CORP 1_. 2 .16% 16% 16% - % Texas Co 2a ... 14 57% 57 57 — % Tex Gulf Pr.36e 8 12 11% 11% - % TexPacO&Ol. 5 23% 23% 23%-% Tex Pac LT.lbg 17 16% 16 16 - % Tex&PacRy2Vie 3 42% 42% 42%-1% The Pair Vie.. 1 17 17 17 - % Therm old Co .60 5 11 10% 10% — % Third Ave Trans 1 11% 11% 11% — % Thomp Prod Vie 5 41% 41% 41% — % Thom-Starrett. 1 6% 6% 6% - % Tidewater Oil 1 4 19% 19% 19% - % Timk-DAxle Vie. 8 18% 18 18 - % TimkRBrlVie 5 45 45 45 - % Tmsamerica Via 11 14% 14% 14% — % Trans & WstAlr S 34% 33 33% -1% Trl-Cont Co.20a 16 6% 6% 6% - % Truax-Tr C 1 20 2 17% 17% 17% - % 20th C-Fox 3a 27 42% 42% 42%-1 tTwln Cty pr2Vi 20 49 49 49 Twin Coach ... 13 15% 14% 15% UNDERWOOD 2 7 54% 51% 51%-1% Un Bag&Pap la. 9 28% 27% 27% -1% Un Carbide 3... 5 95 94 94%-1 Union Oil Cal 1. 7 22% 22 22 - % Un Pacific 6 ... 7 121 119 119 -2% Un Pacific pf 4.. 1106 106 106 -1% Un Tank Car 2. 2 34% 34% 34%-f % Utd Air I&s Vie. 34 30 29% 29% - % Utd Aircraft 1.. 24 22% 21% 22 - % Unit Biscuit la. 2 42% 41% 41% Utd Carbon 3 .. 3 64% 63% 63% - % Utd Clg Wh Str 45 8 7% 7% - % UnitCorp 117 3% 3% 3% — % UnltCorp pfBVik 12 47% 47% 47% - % tutd Dye pf3Vik 20 95 95 95 Utd Elec Coal 1. 2 13% 13% 13% Utd Eng&Fdy S. 4 39% 39 39 United PrultS.. 13 46% 45% 46% + % UnUQaslm.ese. 14 20% 20 20 - % Stock Market Drifts Moderately Lower In Quiet Session a By Victor Eubank Atsociatad Prttt Financial Writor NEW YORK, Sept. 30. — Stocks generally continued to retreat in to day’s market although little if any urgent liquidation appeared. Steels led an early decline with activity slackening. While a few. “thin” issues dipped as much as 6 points, most recessions ranged from fractions to 3. Extreme setbacks were trimmed here and there near the fourth hour with the ticker tape loafing. Commission houses discerned fur ther mild profit cashing on last week's recovery. A certain amount of selling, it was said, came from those who were bearish over labor disputes, foreign affairs, business prospects and price controls. Other customers were believed to have stood aside to await a possible secondary reaction. Bidding for fa vorable yields of investment stocks served to cushion the decline. Johns-Manville and United States Gypsum, down about 6 each at one time, cut their losses. Lesser stum bles were suffered by Bethlehem, United States Steel, Youngstown Sheet. Republic Steel, Chrysler, Gen eral Motors, Southern Pacific, Great Northern, Chesapeake & Ohio, Southern Railway, American Smelt ing. United States Rubber, Mont gomery Ward, Woolworth, Interna tional Harvester. Hiram Walker Al lied Chemical, Eastman Kodak Du Pont and Dow Chemical. Bonds yielded ground. Washington Exchange AFTER CALL. Garflnckel common—10 at 64 Capital Transit Co—30 at 33, 25 at 33. BONDS. PUBLIC UTILITY. Am T&T conv deb 3s I960. 12954 Cap Traction 1st 6s 1947. 101V, £*5 lracnsit Jvst rf 4* 105 106 City Ac Suburban 6s 1948 _ 109 Georgetown Gas 1st 6s 1961 12654 Pot Elec Pow 354s 1966_105 * Pot ®ec Pow 354s ’77 ... 110 Wellington Gas 5s 1960 129 Ter Rf&W Cp 1st 454s 1948 102 """ STOCKS. PUBLIC UTILITY Amer T At T (9) .. 17514 Capital Transit (2 00)_<32 35' N Steamboat ( + 4) ... 190 Pot glee Pwr «% pfd (6) 108 T" Po ® ow 6547. pfd (5.50) 107 10854 Wash Gas Lt com (1.60) _ 2 7 29^ Wash Gas Lt cu pf (4.251 .106 107 Wash Gas Ltc“ cy pf (4.60) J06 Waah Ry & El com (a37.00> 600 w»ah Hy & El pfd (5) . 120 123 * BANKS AND TRUST COMPANIES. Amer Sec Ac Tr Co (10)._.<330 350 Bank of Bethcsda (t.76)_ 35 Capital (.80). . * 30 .c°m & 8a v new GO)-<310 Liberty (t7) _ 260 Lincoln (b6) 310 Natl 8av Tr (8.00) I 360 SL2rWffB4Tr (t i.oo): <2654 KiXXS (12) _ *346 370 S,mV} TFust Co G3.00)_180 Washington (61 _ _ 170 Wa«h Loan Ac Tr (12) _ 340 375"' Am,r™,SD TrrLE INSURANCE. American 06) _ 150 Columbia ik30) .. _ 131.4 iV' Etremen'a (1.40) _L_. ~ 33 National Union (.75)_' 16 Real Estate 06) " 190 - _ „ MISCELLANEOUS. Carpel Corp (2.00) ... 40 Garflnckel com 03 00) 53 54 ' Garflnck 554% cu pi (1.376) 26>« 27 Hecht com (1.60) _ _ 33 36 Hecht ,J3«7r cum pf (3.76) . 102 Lanston Mono (new) (100) 14 16 ' Mergenthaler (al.OO)_ 6654 60 Natl Mtg Ac Inv pfd (p.40) 6'a Peop Drug Strs com (1.60). <4854 64 Security Storage 06) _ 10354 Ter Ref ft Wh Corp (3) . . 65 .'"I* Wdwd & Loth com (P2.30) 68 71 Wdwd Az Loth pf <7)__ 127 • Ex dividend, o Books closed, t Plua extras. a Paid so far this year. a 2% ejtra. 1 3% extra, h 35 extra, k 10 centa extra, p Paid (n 1945. y $16 extra. Washington Produce From the Department of Agriculture. Prices paid fob Washington. EGGS—-Market Arm. receipt* very light demand limited by High prices Prices paid for Federal-State graded eggs re *nV SELECTED LIST OP IStriA 1KBA3UKY 2:30 ZViM 72-67 Jun 102 3 NEW YORK CITY 3s 80_114% FOREIGN 2:30 Australia 3V4s56l6l Buen A 4%s 77 9744 Canada 2'/aS 48 100% Chile 6s 60 asd 21% Norway 6s 43 _ 105 Peru 2nd 6s 6] 17*4 Rio de J 6%s53 . 37 DOMESTIC 2:30 Am A PP6S2030 1055/b Am T&T 2%s80 101% AmTdtT 2%s 86 99% AtlCoastL4Va&64103 AtlRcfin 234s66 102 B&O 85 A ... 67% B&O 2000'D-_ 65 B&Oct 60_48% B&0 4S48_98 Boat Me 4s 60. _ 89 BufRoeh&P57st 66% Burl CR&N5S34 32% Can Pac 4a pern 105% Cent Oa cn 5s45 50 CRRNJJI87 30 CB&Q an 4s 58 112 Chll&L Inc4s83 62% CMStP4%a2019 82 CM8tP4%s2044 55% CD1ANW 4%sfl9 68% CRIP4V4S62A 49 CRIP 4%s 80_22% CRIP 4s 88 ... 70 CRIP rf 4s 34 . 44*4 Chi&W 1 4s 52.106% Cltylnvest 4s61 84% CCC StL 4*/as77 77% ClevDnTr4 %s77105% Del L&W4S2042 49% Dn&RG 4S 36 54 Dn&RGW 6s56a 8% Det Edison 4s65 107*4 PlreatnT&R3s61105 Pla Est Cst 6s74 61% Grt Nor 2*48 6] 97% Gt Nor3Vas2000 99%l Rud&M rt 6a 57 64% Hud&M In 6a 57 27 IC 4a 53 _ 91 IC Sprtna3%s61 98% ICCStLOU 6s63A 86% Int Gt No 8a 62 20% int ON let 6afi2 65 Cot HydroK16s44 96% Int T&T 4 Via 62101% SnCtFtSe 4s 36 72%: Kan C SoU4s 76 100% 1 LebV14%s2003 44%! Leh VI 4s 2003 40 Me Cent 4Vis60. 76% MSP8SM 4s 91 _ 49% M-K-T 6s 62 A 81% M-K-T adj 6s67 77 Mo Pac 6%s49 20% Mo Pac 6s 77 P_ 75% Mo Pac 6s 78 O. 75% Mo Pac 6s 811. 75% Mo Pac gn 4s 76 28% Moris&E 4Vis55 62 Mor&E3V4s2000 60 N O NoEs4 Vas62105% N O 1 M 5 Vas64 94 NYC 4%s2013A 76% NYC con 4s 98 71% NYNH&H 6s 48 44% NYNH&H4 %s67 43 NYNH&H4S47. 37% NYNH&H 4s 66. 37% NYNH&H 4s 67 21 NYNH*H3%s58 36 NYOW rf 4s92.. 13% NY W B 4Vis 46 20 Nor P clt 4Vis76 98% Nor Pac 4s 97 __ 109% Pae G&E 3s 79 107% PennCtAir3%60 92 PennRR 3 Vis 62103% Phlla Co 4Vis61 106% RioOrWest4s39. 98 Rutin lst4V%41_ 12% StLSnPr 4V4S78 31 StLSnPr 4.-50 A 40% 3tPKC*L4%s41 39 Sea A L inc 4Vjg 66% Seab Airline 4s 98% Shell Un 2 Vis 71 98 iSo Paclflc4%s81 95% SoPac4 V3sOr77. 95% |So Ry cn 6s 94 119 StdOUNJ2r«s’71 98% Tex4NOrl3%90 95% Third Are 6s 60 53 Dm Pac 27/«s 76 102% U S Rub 2s 76 99% Virgn Ry 3s 95 105% (Ward Bk 5%s701O5% Westch Lt 6so0 115 West Md 4s 52 105% WsFac4Vis2014 97% West Dn 6s 51 89% West Dn 4ViaoO 92% N. Y. Curb Market LIST INCLUDES ONLY SELECTED ISSUES CHANGES ROM PREVIOUS CLOSE 2:30 AJreon Ml* Co.. 6% AmCenMI*_13 Am Cynamid la 45 Am & F*n P 1% Am Maracaibo . 3% AmPotftChBl % 33% Am Superpower. 1% Ark Nat Gas A_. 4% Atl Coast Pish.. 9% Atlas Corp ww 6% BaiicockftW \e 40% Barium Steel. 7 BerkAGay Furn 3 Breeze Co 1.60 17% BrownFDist .80 21 Burma Ltd 1% Can Marc h.04e 2% Catalln Am 40. 14% Cities 8erv!ce _ 23% ClaudeNeon.OSe 3% Col Puel&Ir ww 4% Colts P F Arms. 27 Com ft Sou war %a ConsTextile.30c 9 % Cont Fdy M ?«e 16% Cosden Petro . 3% Croft Brew .06* 2% Crosier Motors 12 CrownDru* 05e 5% Cub AtlSu l'/aa 22% Elec BdftShare 14% Fairchild E .20* 4% Pansteel Metal. 17% Gobel Inc _ 5% Goldfield Cons. 1% Hazeltine 17 HeamDeptS Vae 13% Hecla Min 1 13% Heyden Chem 1. 29% Humble Oil 1%. 58% Illinois Power_23 Kaiser-Prazer. 10 Kingston Pr.20 5% | Krueger Brew 14 17% LakeShoreM .72 13% Lakey FdyArM. 6% Leonard OH Dv_ 1% Logans Distill . 12% LoneStarGas.80 17% Long Island Ltg. 1% Louis L Ac E .60. 11% McWlll Dredge 11% Memph NG lOe 6 Menasco Mlg_ 4% Mesabl Iren . 4% Mld-WestCp lie 17% Mining Cp Can 7% Monogram Plct 6% NatBellasH ,20e 5 Nat Fuel G .80a 14% Nat Union Rad 6 Nlagra Hud Pwr 9% Niles-Bem-P __ 13 Nor Sta Pwr A_ 34% Pan Am Air war 4% Pantepec Oil .64 9% Pennroad lig_ 5% Pioneer Gold... 3% Pltney-Bow.40a 10% Premier Gold _. 1% R-K-Ooptwar. 5% Raytheon Mlg 10% RloGrValO ,05e 2 Ryan C Pet .20. 5% St Regis Paper 9% Schulte Inc 7 Select Industr.. 3% Singer Mlg 6a..270 Solar Aire .60.. 15% Std Power Ar Lt. 3% Textron Inc tig. 14% Trl-Contl w w . 2% Unit Lt & Rys 1 22% Utah-Ida 8 16e 4% Wrlght-H* b.20 3 Rates of dividends In the foregoing table are annual disbursements bated on the last Quarterly or semiannual declaration. On less otherwise noted, special or extra divi dends are not Included, a Also extra or extras, b Plus stock dividend, d Cash or stock, e Declared or oald so far this year, f Payable In stock, g Paid last year, h Pay able In Canadian funds, k Accumulated dividends Dald or declared this year n New Issue. ww With warrants. xw Without « arrants. Chicago Livestock CHICAGO. Sept 30 UP\ iUSDA' —Bala bie hog*. 1.000; total. 2.000; steady: all good and choice barrows and gilts as well as sows and stags cleared early at 16.25. the ceiling. Salable cattle, 9.000; total. 9.000: sala ble calves. 600; total. 600; largely native and Western bred ccw run: good beef cows and canners and cutters, steady: common and medium beet cows. 25 cents lower, comparative handful of slaughter steers fully steady at 17.75-20.25; six loads of 20.25, the celling; Stockers and feeders steady, fairly active at 14.50-17.50; most weighty bulls fully steady at 13.50: veal ers unchanged at 18.00 down; bulk slaugh ter cattle sold on outside account. Salable sheep. 8,000: total. 9.500: fair ily active: slaughter lambs steady to 25 cents lower; medium to choice Western. 19.00 to 19.76, latter price tops for dou ble Colorados; good to choice natives, 19.25 to mostly 19.50: few medium, 16.00; deck good yearlings. No. 1. pelts, 16.00. ! some held above: early sales slaughter ewes steady to 26 cents lower: common to good natives and Westerns, 8.25-8.65: numerous loads cull and common West erns, 7.25-7.76; several loads Westerns held above 9.00; 260 head good to choice 78-pound Western feeding lambs. 18.15 (Note—Effective today, all lambs born in spring of 1946 classified as lambs with out the qualifying word “spring ”) -w Chicago Grain CHICAGO. Sept. 30 UP.—Selling at tributed to elevator interests caused corn| futures to slump more than 3 cents at | times today. Oats were lower with the yellow grain but wheat displayed some resistance to the general downward trend. A further reductioir in cash corn prices was made. No. 2 yellow sold in the spot market at 1.90. off 2 cents from Satur day. Receipts of corn totaled 196 cars4 the largest in several weeks. Purchases on a to-arrlve basis were not large, amounting to less than 100.000 bushels Light frosts overnight in parts of the main belt were not considered harmful to the corn crop, now well along toward maturity. Wheat closed 3< lower to V« higher, January, 2.01%: corn was down 2%-3%. January. 1.34-1.33%: hand oats dropped 44-1%. November. 78%. A late sale of No. 2 yellow corn was made in the spot market at 1.86. off 6 cents from last Sat urday. Market Averages STOCKS. 30 15 15 60 Indst. Rails. Util. Stks Net change_—1.6 —.8 —.6 —1.1 Today noon_ 88.1 33.7 44.2 62.7 Prev day_ 87.7 34.5 44.8 63.8 Week ago_ 84.1 32.2 43.5 81.1 Month ago _ 95.7 41.5 49.4 71.0 Year ago_ 95.9 43.6 48.6 71.6 1946 high_110.4 51.2 55.4 82.4 1946 low_ 83.3 32.2 43.5 60.9 BONDS. 20 10 10 10 10 Low Rails. Indst. Util. Pgn. Yield. Net change —-.1 unc. —.1 unc unc. T'day noon 93.2 102.9 105.5 75.4 114.8 Prev. day. 93.3 102.9 105.6 75.4 114.8 Week ago 93.2 102.8 105 9 75.3 114.7 Month ago . 100.1 103 4 107.4 77.6 117.5! Year ago . 99 1 103.9 107.4 73.4 116 7! 1946 high 106.9 105 2 100.5 79.0 120.2! 1946 lor. 92.7 102.7 105.5 75.1 114.5 1 (Complied by the Aasociated Press.) ; Dividends Announced NEW YORK. Sept. 30 OP;.—Dividends declared. Recnlar. Pe- Stk. of Pay Rate riod. record, able. Delaware Pow & Lt-25c __ 10-4 10-31 Gorham MIg Co_76c .. 10-1 10-16 Loblaw Groc Inc __20c 11 -8 11-30 Seab'rd Oil Co of Del..25c __ 12-3 12-14 District Business Barometers Business barometers in the National Capital in August remained at very high levels, a survey indicated today. August bank clearings were $64,108,683 ahead of the same 1945 month; telephone stations were at a new peak and calls were far ahead of August, 1945. The department store sales index set a new alltime August record and electricity sales were ahead of July although under August a year ago. Postal receipts alone were well below last year’s mark. How the Capital’s business expansion has developed over a long period is shown in the following comparisons; Check Transactions WASHINGTON CLEARING HOUSE. Month. 1943. 1944. 1945 194S. January . $153,183,172 $173,124,160 $189,877,446 $257,680,197 February . 136,047,854 162.409,183 197,381,510 214398,191 March . 159,125305 166,803,371 198,030379 247,190394 April . 179311.746 164,356,851 185,253351 256341375 May . 158,859,490 167,985,346 204,986,068 260344 709 June .. 156,484,638 187,993,287 229,795,494 259 703 924 July .. 168,896,303 179,379,385 207,880356 2*4 IMAM August .. 156,506,716 165,184,897 185,291,162 ,oo #il September. 195,600,676 169,996,694 191332.368 **»•&»,**• October.. 174,979,744 170,032,989 222.624,801 November. 163,620,357 190,065,579 230,731,887 December. 172387,441 204,581,067 256,182,081 Totals. 81,975,403,348 92.10U12.815 $2,499,266,708 Telephone Service in District CHESAPEAKE A POTOMAC TELEPHONE CO. Number of Telephones in Service. Month. 1943. 1944. 1945 194S. January . 359.832 363.524 366,842 365,001 February .. 360,972 364,212 367,112 365,692 March _ 363,016 365,435 367,705 366,649 April . 363,925 365,736 367,609 369,223 May . 364,549 365,827 367,922 372 294 June. 365,010 365,066 367,864 372'l99 July . 364,386 364,159 367,354 •mton August —. 364,780 364,935 367,609 September _ 365,498 365,000 366,871 -10.048 October . 365,413 365,312 365,009 November -. 364,548 366,043 365,143 December_ 364,204 366,563 364,354 Average Originating Calls Per Day. Month. 1943. 1944. 1845 1940 January. 1,606,222 1,536,318 1,590,160 1,800,97a February. 1,547,781 1,504,031 1,559,335 1,807,753 March. 1,562,206 1,550,737 1,597,995 1,765,497 April. 1,525,413 1,555,778 1,526,656 1,827,992 May. 1,512,059 1,493,145 1,554,718 1,823,318 June . 1,528,174 1,537,584 1,620,422 1,892,275 July-- 1,446,751 1,421,752 1,605,826 1,772,500 August .. 1,401,368 1,414,665 1,509,429 1.679,456 September_ 1,462,780 1,471,777 1,674,662 October . 1,493,604 1,533,693 1,678,693 November _ 1,570,089 1,516,767 1,728,476 December - 1,529,357 1,609,184 1,818,615 Sales Index of Department Stores Average Monthly gales 1935-39=100. Month. 1*40. 1*41. 1*42. 1943. 1944. 1945. 1*44. DISTRICT OF COLUMBIA. January.. 76 91 143 138 141 159 176 February- 86 103 143 173 141 168 202 March_.*100 113 163 155 178 219 335 April _ 100 135 170 182 176 177 349 May- 116 137 168 178 199 200 362 June ........... 110 132 152 175 179 194 245 July - 79 105 133 133 135 162 186 August . 95 129 139 134 152 166 205 September_ 139 156 177 190 206 216 October . 134 158 191 190 221 240 November . 144 181 206 229 259 275 December . 236 276 292 294 326 356 Postal Receipts in Capital Reported by Fiscal Years. Month. 1*43-44. 1944-46. 1945-46 1945-46. July .. $1,143,184 $1,250,207 $1,500,942 $1,437,233 August .. 1,080,812 1,284,917 1,479,264 1055,196 September . 1,148,565 1,398,189 1,339,075 October 1,171,076 1,751,840 1,473,766 November 1,193,738 1,587,826 1,386,489 nAAAmhAr 1,732,470 2,046,727 1,884,668 ..” 1,123,091 1,582,602 1,396,592 - 1,099,877 1,315,669 1,252,091 vrVroh - 1,226,730 1,765,199 1,400,244 A*nrHh ... 1,331,490 1,497,797 1,366,375 *pril . 1,349,058 1,592,876 1449,594 May .- 1,361,080 1,563,373 1341061 $14,961,171 $18,637,172 $17,270,161 Kilowatt-Hour Sales for District POTOMAC ELECTRIC POWER CO. Month. 1943. 1944. 1945. mfl January .106,184,190 113,019,127 124330 629 127125196* February . 103,038,220 113,664,679 116345319 124 021 312 March . 106,601,874 111350,352 110387111 117308*71 April . 101,379,917 105,211,522 1043M564 12212 May .102.683.705 108,691,031 104,298,575 07S7* June . 118,825318 116,958380 113,067 767 ;„I’?2!’®Z8 July . 124,761,277 128,111325 131368 615 103,199,394 August . 126,707,166 130,865,735 132 692 382 125,121,108 September . 121,080,418 123,016,884 122 658372 130,580,480 October . 104,978,150 115,771,084 116 722 415 November . 104,186,505 109,605,067 lll’95o’879 December .. 109,296,473 119,156,019 119488247 Jewish Leaders Warned To Decide on Conference By th« Associated Press LONDON, Sept. 30.—A British government spokesman said today that Jewish leaders had been told to make a final decision on par ticipating in the current conference on Palestine’s future “if they were to avoid their case going by default.”' 1 “There is no change in His Maj-' esty's government's attitude as re-! garding Jewish representation atj the conference,” said an official! statement from Lancaster House,; where British and Arab League j States’ representatives have been! carrying on the talks. Neither the' Jews nor the Arabs of Palestine have participated. A Jewish Agency spokesman dis closed that informal talks between British and Jewish leaders on the prospects for Jewish participation in the conference would begin to morrow. Two representatives of Palestine Jewry—Eliezer Kaplan, treasurer of the Jerusalem Executive of the Jewish Agency, and Rabbi Isaac Fischmann, spokesman for or thodox Jews—were expected to ar rive from Jerusalem by air this afternoon. The decision to participate in this informal discussion was made as a result of talks between Colonial Secretary George Hall and Dr. Chaim Weizmann, chairman of the Jewish Agency Executive. Townsfolk Rush to Rent Murder Suspect's Home Special Dispatch to The Star KEYSER, W. Va.—Sheriff James Dixon of Mineral County found himself up against a strange prob lem after he arrested Oscar Cosner on a charge of murdering his wife. A flood of telephone calls poured into the sheriff’s office from citi zens eager to rent the Cosner home. “I tell the callers they can dis cuss the matter with Mr, Cosner on INVESTMENT OPPORTUNITY Apartment building contain ing 134 units, public dining room, beauty parlor and valet. Twenty-eight apart ments furnished. Situated on a 3% acre plot beauti fully landscaped in the south section of Roland Park and adjoining a 132 acre city pork (Wyman Park) in Baltimore, Md. Of fer* opportunity for gradual conversion to opart meat hotel. Gross annual income $125,000 ot prewar rent level. Sales price $750,000. VHWERLY TAYLOR, JSr. (Sxcluiivt Jiatnti) 1008 Conn. An. ||. 1888 Wednesdays — visitors' day,” th# sheriff explained. Law School Rolls Open National University School of Law still has room for additional stu dents despite a fall term enrollment twice the size of last year’s, it was announced today. LOANS ON RIAL ESTATE FAVORABLE RATE r»ST DEED or TRUST ONLY Various Elans to salt tbs korrowor. includins monthly payment loans. SALES—RENTALS—INSURANCE GEORGE I. BORGER MS Indiana Are. N.W. Nafl R8M 252 COMMON STOCKS (Dealt in on N. Y. Curb Exchg.) Which Have Paid Dividends 10 to 94 Years Copy oa request ROBERT C. JONES 0 00. Member N. Y. Curb end Other Exchanges Metropolitan Bank Building Telephone ME. 2922 Diroct Private Wire to Francis I. DuPont 4 Co., Mombors N. Y. Stock Exchange 2>o you Own THESE STOCKS? Genera] Elec. Union Pacific Wool worth Chaa. ft Ohio Lone Star Cam. Std. Oil N.J. Leh. Port. Cam. Texas Co. Pann-Dixie Cam. Inter. Harvester Air Reduction Oliver Corp. Minn. Moline Allis-Cha lmers Borden Co. Casa, J. I. Pacific G. ft El. Deere ft Co. V\7’HETHER or not you hold VV these issues, you will b* interested in the position taken in regard to their outlook in the cur* rent UNITED Report. Also in* eluded are a timely survey of the Agricultural Equipment Industry and a new Stock Market Forecast. For an introductory copy of this valuable Report— Send jor Bulletin WA-S1 FREE! United Business Service 810 NrwUify St Boston ft. Mix