Washington Gas Light
Reports August Sales
4.7 Pet. Above 1946
ly Edward C. Stone
Sales of the Washington Gas Light
Co. In August ran moderately ahead
s of August a year ago In the first
eight months were substantially
higher, cotn
p a n y officials
announced yes
terday.
August sales
this year totaled
6,368,430 therms
agaifist 6,081,071
last year, an up
turn of 4.73 per
cent.
In the eight
Months, sales
totaled 89,903.
585 therms com
pared with 80.
589.703in the like
1946 period, a »”•'
gain of 11.46 per cent.
Record Attendance Seen.
* Between 300 and 400 women bank
employes are planning to attend the
educational dinner sponsored by the
Women’s Committee of Washington
-Chapter, American Institute of
Banking, at the Mayflower Hotel,
Wednesday night, Helen *R. Dwyer,
chairman announced yesterday.
This is the largest gathering of
bank women during the year. The
* guest speaker will be Miss Alice
Whitton, cashier and trust officer
at the Burke & Herbert Bank &
%t>st Co., Alexandria. Members of
the Institute faculty have been in
cited and the aim of the dinner is
to give education a special boost
^tnoag women bank .employes.
.’.‘Miss Dwyer's top assistants are
Patricia McShane, Suburban Na
tional, vice chairman, and Miss
- 'Eleanor Omohundro, Union Trust,
secretary. Other committee mem
bers are:
ten. Beane* Scott. Blubeth HaU.
Mary Squire*. Glads* Burroughs. Mrs.
Mfcette P. Dodd, Mrs Mumah Parlberg.
BUeabeth Id, Ann Maurer. Mrs Ruby
Bqtkholder, Lucille Tanscott, Emma Bls
cgf Powell, Mrs. Frances Bonner. Mrs.
LOittse Cowglll. honorary member.
Florida Man Guest Speaker.
Walter Saltta. vice president of
toe Peninsula Life Insurance Co..
t REAL ESTATE LOANS
★ 4*A% Interest
No appraisal lees or commissions
Phene NA. 0804
7ha American Hama Mutual
Life In*. Ce.
11« llth »L N.W.
1—
Washington Stock Exchange
(Knott CompMtd b» t*ehm*n Ofletalt.) .
TRANSACTIONS ON ^WASHI^gTON^ "jrSj. ifU?o ™ 1M7 OT TO
^pT^nWTr-. 4., ,864 .... lj& 2S&
Georgetown Gee l»t 8*. 1861_ 123* 127 128 _
Pot. Elec. Pwr. 8*8. 1866 . 106* 106* 106 _
Weeh. Gee Light gen'l 6a 1860 _ 126 128 ltt _
Term. Ref. ft Whs*, lit 4*a 1848 101* 101% 101* 101*
PUBLIC ^SlTES. vaKe.
Capital Transit Co. _8100
Norfolk ft Wash. Steamboat.. 100
Wash. Gas Light com . —None
Wash. Gas Light 24.26 pfd ..Hone
Wash. Gas Light 84.60' pfd ..None
Wash. Railway ft Elec, com_100
Wash. Railway ft Bee. pfd ..None
BANKS AND TRUST CO UP ANTES
American Security ft Trust .. 100
Bank of Com. ft Sayings new ._
Lincoln National Bank _ _ _
National Bank of Wash._100 lil 180
Riggs National Bank-100 860 860
Union Trust Co. new_ 10 48 46
Wash. Loan ft Trust-100 • S7B 878
Real Estate Title Insurance _. 100 18? 188
Kiovouunn av u b.
Carpel Coro. -None 44 44 47
Oarflnekel coin new - Me 44 1844 1*44 1844
Oarflnekel 644% pfd_ 26 44 2644 96
Oarflnekel 444% Pfd_ 26 S3 24
Hecht Co tom _ 16 $4 2*44
Lanston Monotype _ 5 18 20
Mereenthaler Linotype _None 64 60
Natl. MU. it In». pfd_ 7 7
Peoples Drusr 8to.es com_ 6 go - -
Security Storaee..100 _1244 112 _
Term. Ref. & Whac._ 60 48 *0 90 _
Woodward & Lothrop eom_ 10 4744 48 ■ 4644 4844
Woodward ft Lothrop pfd_ 100 1*1 1*144 126 ....
» Plus extra or extras t Paid in 1846. t Paid ao far thla year.
Jacksonville, Fla., will be the guest
speaker at the first fall luncheon
of the District
Life Underwrit
ers Association
at the Mayflower
Hotel, Thursday
noon. He was
formerly with \
the Metropoli- |
tan Life and is
an outstanding
agency execu
live.
The Life In
surance Insti
tute of Wash
ington, sponsor
ed by the Associ
ation and the w*14" *»““ .
District Chapter of Chartered Life
Underwriters, will hold first classes
on September 29, according to T.
Loehl O'Brien, chairman, at the
Chamber of Commerce. •
Szymczak to Address Control.
M. S. Szymczak. one of the Gov
enorg of the Federal Reserve System,
will address the opening fall meet
ing of District of Columbia Control,
Controllers Institute of America, at
a dinner meeting at the Carlton
Hotel, Tuesday evening. He will
consider “The Economic Recovery
of Germany.”
He will give off the record views,
J observations and experiences during
his stay in Germany as director of
the economics division of the Ameri
can Military Government.
"Trends and Currents in Dis
tribution” will be the title of a talk
by Vergil D. Reed, associate direc
tor of research, Walter J. Thomp
son Co., before the Women's Ad
vertising Club of Washington,
Wednesday noon at the Hotel
Washington. The public has been
invited. Mr. Reed is a close student
of economics and author of two
OOOKS.
Delegate* Praise Convention.
Airmail letters pay high tribute
to the 55th convention of the
United States Savings and Loan
League, at San Francisco. Repre
senting the District Building and
Loan League were Edward C. Balt*,
William H. Dyer, Thornton W.
Owen, W. H. Rippard, Howard S.
Gott, Edward L. McAleer, Robert E.
Buckley, Dolon Donohoe, Howard
B. Kramer, Charles H. Kindle, R.
W. Santelmann, Clarence E. Ke
fauver and Robert O. Scholz.
Horace L. Lohnes, Washington
radio attorney, has become part
owner of Kansas’ most powerful
radio station, KFBI at Wichita, ac
cording to the Associated Press. A
group of Kansas and Chicago men
Joined with Mr. Lohnes In buying
the station for $350,000 from the
Farmers & Bankers Life Insurance
Co.
C. R. Megee and H. E. Stringer
•f the American Association of
Railroads will address 000 market
ers and shippers In Detroit this
week on the freight car situation.
Insurance Sales Decline.
Washington insurance agents
wrote 15 per cent less life insurance
In August this year than a year ago,
the Agency Management Associa
tion reported yesterday. Sales to
taled $10,431,000 against $13,500,000
m j co i agu.
Sales In the first eight months
were off 5 per cent. $85,073,000 com
paring with $91,017,000 in the like
1946 period. Sales in Maryland
were off 34 per cent in August and
8 per cent in the eight months.
Virginia sales were down 8 and 4
per cent, respectively.
Department Store Sales Up.
Department store sales in Wash
ington for the week ended Saturday,
September 13, were 3 per cent ahead
of the corresponding week a year
ago and 9 per cent above the pre
vious week this year, the Richmond
Reserve Bank reported. In the four
week period- ending September 13,
sales were down 4 per cerjt from last
/ew.
The Richmond Bank reported
stocks on hand in Washington stores
at the end of July were 1 per cent
higher than a year ago. Orders
for merchandise were 44 per cent
lower.
Ashton C. Jones, Jr., active in real
estate, has been elected a director
of the First National Bank of
Alexandria.
Chicago Livestock
CHICAGO, Sept, 20. -JPi IV. B. D. A.)—
Salable boss 300. total 2.3,00 (estimated);
compared week ago; butchers under 240
]£*• around. 75-1V60 lower; weights over
2*0 lbs. steady to 1.00 hither; sows. 75
• -On miner.
Salable cattle. 600 (estimated): total not
given; compared week ago; fed steers and
yearlings, 1,00-1.60 lower. Instances 2.00
down on average-good to average choice
medium weight and weighty steers: reac
tion developed suddenly at mid-week fol
lowing hither markets early when top on
choice weighty steers reached 36.75, new
high for the year; fat heifers mostly 1.00
lower; beef eows and bulls 1.00 down;
cannert and cutters, .50 lower: veelers
strong to 1 00 higher, but weighty slaughter
ca ves. 1,00-2.00 lower: stocker and feeder
cattle flattened out fh sympathy with killer
break, turning at least very slow, in in
stances 26-50 lower; receipts fairly liberal,
not Quite as heavy locally or in aggregate
as week earlier; fed steers and yearlings
predominated; strictly grass cattle un
seasonably small but grasiers tended to
pile up late in week; after reaching 36.75,
with numerous loads 35 00-36 60. better
than average-choice 1.186-lb. steers sold
late at 34.60; bulk good grade steers end
yearlings early. 26.50-30.M). but similar
grade kinds wound up the week at 26.00
20.00. with definitely choice eattle at
31.00-34.60: closing bulk good to choice
heifers 24.00-30.00; choice heifers reached
32.00 during week, with miied offerings
to 32.50: strletly good cows early sold up
to 21.00. mostly 20.00 down at close when
cutters were on a 12.60-13.26 basis, light
cannert to 11.00 and below, and medium
beef eows. 14.00-16.50: closing practical
top on weighty sausage bulls. 18.50. on
choice vealers. 27.00, and. on weighty
slaughter calves. 20.00: most medium to
good Stockers during week. 19.00-23.60.
with choice Wyomlngs, 26.00 and 27.00,
Salable sheep 100 (estimated) total hot
(Iren: compared week ago: receipts very
light but demand narrow with order buyers
and small local killers buying sparingly
and big packers bearish throughout:
slaughter spring lambs, 1.00 to mostly
1.26 lower than last Friday; yearlings
scarce, about steady; slaughter ewes steady
and practical top after midweek for good
and choice lambs; no western spring lambs
offered: medium to good natives largely
20.00-22.60. Common down to 18.00;
three decks good and choice 96-lb. yearling
wethers. 20.00. few to 21.00. medium and
good yearlings. 16.00-18.60: most good
and eholee slaughter ewes. 8.76-9.00 .few
to 10.00; bulk common to medium ewes.
7.60-8.50: load good and choice 135-lb.
Wyoming solid-mouth breeding ewes. 11.oo,
load mixed broken and solid-mouth west
ern ewes. 9.60 on replacement account.
New York Cotton
NEW YORK, Sept. 20 I/P).—Heavy sell
ing swept cotton futures downward more
than $2 a bale today.
General selling accompanied another
limit setback In grains. Considerable
pressure also came in the form of
hedging sales from southern dealers. Trad
ers reported a considerable enlargement
In spot cotton sales In the 8outh which
resulted In the heavier 8ow of hedges.
Futures closed (1 to 81.86 lower thah
the previous close.
Open. High. Low. Close.
October _ 31.92 31.98 31.66 31.77
December 31.76 31.76 81.40 31.42-60
March _ 81.73 31.76 31.40 31.30-63
May_ 81.56 31.66 81.18 31.31
July ___ 30.91 30.91 30.59 30.70B
October 29.02 39.02 28.90 38.90B
Middling spot 82.32N.
B Bid. _
A. E. Staley Mff. Co. hag cut bulk
com syrup prices by 40 cents per
hundredweight and bulk com starch
by 80 cents.
Waterman Ship Line
Scores Subsidy Plan
For Competitor
ly Mm Aiteciet«d Frau
Hie Waterman Steamship Carp,
objected strenuously yesterday to
a finding by Maritime Commission
examiners that the Black Diamond
Steamship Jiorp. should be given
operating differential subsidies for
a route between North Atlantic
ports and Belgium and Holland.
"If granted the route and sub
sidy.” Waterman said in a state
ment, "Black Diamond would com
pete with the privately owned ves
sels of Waterman operated by them
without subsidy."
In a brief filed with the commis
sion, Waterman contended it had
bought some 50 war-built vessels
and has expended effort and taken
risks to build up trade on the route
from Boston. Philadelphia, Balti
more, Norfolk, Newport News, Port
lanu ana new iuis, w nmwcjp nuu
Rotterdam.
Black Diamond, Waterman de
clared, "occupies a purely oppor
tunistic position" toward the route.
Waterman said that Black Dia
mond, a Maryland corporation, is
willing to enter into an operating
differential subsidy agreement with
the commission only in the event
it is possible to raise the necessary
funds by the sale of $4,500,000 in
stock to the public.
Waterman denied that its present
service to Belgium and Holland is
inadequate, and declared:
"TTie Congress did not intend that
the (Maritime) act be so adminis
tered as to give undue advantage
to one citizen ©ver another, or re
sult in undue prejudice to one citi
zen as against another so as to
handicap competent steamship op
erators who can meet foreign com
petition without expense to the tax
payer. It was not to be used for
the purpose of excluding, prevent
ing or reducing competition by driv
ing nonsubsidlzed operators from
any particular trade.”
Capital Securities
The following bid and asked quotations
on Washington securities traded over the
counter represent prices at which one or
more dealers, members of the National As
sociation of Securities Dealers. Inc., would
trade with the general public at the time
the quotations were assembled for The
Star, as of Friday noon.
BONDS. Bid. Asked.
D. C. Paper Mills 4s. 1966 _ 57
Federal Storage 3s 1967 _ _ 70 _
Racquet Club Otd to Ext 8s,
1965 — _ _ 7#
Washington Auditorium .
8/1944 stamped_ 80 „_
STOCKS
American Co pfd_ 90 _—
American Co. comm_ 60 _
Anacostla Nat'l Bank_ 300 _
Barber to Ross pfd_ 80 -
Barber to Ross comm_ 26 _
City Bank_ 80- .
Columbia Mtge Co. units_32 _
Consolidated Title Co. pfd _ 49 _
Sonsolidated Title Co. comm 26 _
. C. Paper Mills comm_ 2 -
Diet Nat’l Securities pfd_ 80 —
District Theaters_ 7 844 ex dlv
Fidelity Storage Co_108 —
Financial Credit Co units_ 21 _
Orlfllths Consumers Corp-- 61 ’4 _
Hamilton Nat’l Bank_ 62'4 8444
Mayflower Hotel - 1144 _
Merchants Transfer to Stor
age pfd -_ 111 __
Merchants Traaa to Stor
age comm __ 2tV —
Potomac Bee Power comm
wd __ _ 1* 174s
Munsey Trust Co-125
National Metropolitan Bank 84 _
Nat'l Mtge to Invest comm.. *4 -
Nat’l Press Bldg pfd_ 1944 ...
Nat’l Press Bldg comm_ 14 _
Raleigh Hotel stamped_ 4 6 Vi
Real Estate Mtge to Oty com 26
Seaboard Finance Co pfd . 37 40
Seabflard Finance Co. comm 17H IS1/
Second National Bank__ 105 120
Security Savings to Comml Bk 210_
Southern Oxygen Co._ 41 46
8urburban National Bank .. 23 _
Washington Baseball Club.. 86 ..
Washington Properties_ 51 66
Wash Rwy to Elec units_ lh’i 1741
Wash 8anltary Housing_122 _
Wash Sanitary Improve_ 27 _
Lincoln Service comm__ _ 30 _
Potomac Elec Power 3.60 pfd 81 44 82'/4
Guide for
Veterans
By Maj. Thomas M. Nial
Widow* of veterans of the Global
War want to know why they don’t
get the same consideration as wid
ows of World War I veterans
Hiey’re referring to widows’ 'pen
sions.
Unless the veteran had a service
connected disability at the time oi
death a World War II widow does
not rate a pension. But a World
War I widow is eligible for a pen
sion even though her husband died
with no service-connected disability
provided her Income is lower than
a certain amount.
Letters from widows whose hus
bands died from causes not con
nected with their service want tc
know why the qualifications for
pension differ.
Just because Congress hasn’t yet
gotten around to making them the
same. That’s the only resison. There
was pressure the last session of Con
gress to make all widows of World
War II veterans entitled to pension
just as all widows of World War 1
veterans are (provided outside la
come doesn't exceed certain specific
amounts). But this pressure wasn't
strong enough to get anything done
about it
Question from R. T„ Oklahomt
City: “How can I get hold of mj
Victory Medal? I was dischargee
honorably from the Army two year:
ago.”
They're being given out by Armj
posts and Installations all over th<
country. Don't write to Washingtor
to get it Write the Commandins
General of the nearest Army camp
Watch the local press and radio foi
announcements as to Just how t<
apply. Distribution of these medal:
has just started.
From M. J. K„ North Andover
Mass.: “I’m a disabled veteran, look'
lng for a place to live. My fathei
owns a house which is rented t<
a third party, not a veteran. I:
there any way we can evict th<
tenant (who won’t get out)? D<
I have any special rights as i
wounded veteran?”
Under Federal rent laws, now en
forced by the Office of the Houslns
Expeditor, the only party who cat
evict another party from a rentes
dwelling Is the owner of the dwell
lng himself. And he can do so onl;
if he plans to live In it himself
However, there may be special Stat<
laws which might apply in you:
case. Go to the local office of thi
rent control people and Inquire.
BOND SUMMARY
(Famished by the Associated Preee.)
Slufar’s'd *kun tTmm th* >R6hi
DlffiStV Bleb. Low. Close SR.
Am ft For P 6s 2030 107* 107* 107*
Am T ft T 2%s 87— 101* 100* 100*- *
Am T ft T 2Hs 61... Ill* 111* 111*- *
Am T ft T 3*8 76— 100* 99* 99*-*
Am TAT 2 Vs 80_ 99* 90* 90*- *
Am T ft T 2*is 82_ 99 90* 90*+ *
Am T ft T 3*s 86— 90* 95* 95*- *
Am Tobacco 3s 63— 103* 102* 103*+ *
Am Tobeeco 8s 60_104* 103* 103*- *
A T ft 8 P 4s 96_ 127*127 127 -*
ATftflP a] 4s 96 st— 115* 114* 115 - *
A C Line 1st 4s 63.. 100* 100 100 - *
A C Line 4*s 64 ... 100 107* 107*+ *
BaltftOhlo 6s J 96 . 72 71 71*- *
BftOlstMtf 48 st. 93* 92* 93*+*
BaltftOhlo 6s O 96 _. 00* 59 59*- *
BaltftOhlo 6s M 96 . 00 56* 59*+ *
Belt*Oh 5s K 2000 . 59* 59* 59*+ *
B ft O 4s 48 _ . 09* 001* 09*
B*OPLEftWV4s80. ,00* 67 00*+*
B ft O 8 W 60 st_ 79* 70* 79*+ *
Bans Ace 4s 61 ... 92* 91* 91*-2*
Bell T Pa 6s 60 C . 125* 125* 125*- *
Benef Ind L 2 Vis 61. 97* 97 99*- *
Beth Steel 2 Sit 70— 100* 99* 99*- *
Boat ft Me 4Vis 70— 52 51 51*-*
Boat ft Ue 4s 60_ 03 02* 62*- *
Brk U G 2%s 76_ 100 99* 99*-*
Bui R ft P 6s 67 st . 63* 62* 02*-l*
Burl C3R ft X fis 34 . 34 32* 34 +1*
Bush Term 6s 66 .. 94* 93* 93*- *
Can Nat 6s 69 Oct . 109* 109* 109*+ *
Can Nat Ry 4Vis 61. 107* 107* 107*+ *
Can Nat 4Vis 66 ...113*113 113
Can Nat Ry 4Vis 67. 113 114* 114*- *
Can Pacific 4s nerp. 101* 100* 101*+ *
Celan 3s 65 _ 103* 103* 101*- *
Celote* 3 Vis 60_ 103* 103* 103*- *
Cen of Qa 6s 69 C._ 9* 9* 9*-*
Cent Ga cn 6s 46 ... 40 47* 47*
Cen of Oa 1st 6s 46. 93 91 93 +2*
Cen New Sng 4s 61. 60 66* 66*-3
Cen N Y Pwr 3s 74.. 105 104 104 -1*
Cen Pac 1st 4s 49... 104* 103* 104
Cen R R N J 65 87— 33 31* 33 +2
C R R N J 6s 87r_ 32* 31* 32*
C ft O 3Vis 96 D_ 105 104* 104*
C B A Q 3Vis 85_102 101* 101*- *
CBAQ 2%s 70_ 97* 96* 96*-2*
Chi ft Bast 111 me 97 35* 35* 35*- *
C Q W In 4Vis 2038. 32 51* 51*+1*
Chi Ort West 4s 88 04* 84 84 -1
Chi I ft L4 Vis 2003 37* 37* 37*
CMStP&P4%s2018 . 72% 71 71 -1%
CMStP&P4%s2044. 55% 54% 55%+ %
CMStP&P 4s 84_105% 105% 105%- %
C4HW 4%s 88- <«% «5 65%+%
Chi Ry 6s 27_ 62% 82 82 - %
CRI&P 4'4s 52 A_ 58 56% 58
CRI&P 4 'As 80_ 18% 16% 17%+1%
CRIdtP 4s 88_ 83 81% 82%+ %
CRMtP rf 4s 84_ 52 50% 51%- %
Chi Pn St 3VtS 63 105% 105 105
Chi & W led 4s 52 . 104% 104% 104%
CCCdfcStL 4%s 77 . 72 71 71%+ %
C CC S Lien 4s 83 _ 88 88 88 -5%
C C C S L 4s 80 8 L_ 80 90 90 -4%
ClsT Si Ulum 3s 70.. 107% 106% 106%- %
Cler 8h LI 4'As 61 _ . 104 101% 101%-3%
CleT P Trm 6%s 72. 106% 105% 105%- %
CIst P Trm 6s 73 105% 104% 104%- %
Clere Pn Ter 4%s77 104 103% 103%- %
Col A South 4 %s80 49% 49 49%-%
Oomwlth Ed Is 3s 77 107 106% 106%- %
Consol Edls 2’/«s '72 102% 101% 101%-1%
COUS Rt 4s 64 _ 50% 49% 50 - %
Cons Ry 4s 55 Jan . 50 49% 50 - %
Cons Ry 4s 66_ 50 49% 50 - %
Cons Pwr 2%a 76 —. 104 102% 102%-1%
Cuba No 6'As 42r .— 41 39 39 -1
Cuba RR 7‘.aS 48r _ 36% 36 36 -1
Day PwALt 2’/is 75. 102% 102 102 -1%
Del 3s Hudson 4s 63 98% 97% 97%-l
Del Lack&W 4s2042 54% 52 54%+ %
DSRGW 3-4s 83 79 78 78 -1%
D&RGW inc4%2018 49% 47 48%-%
D&RGW&SL Inc 83. 70% 70% 70%+ %
Det Edison 3s 70 _ _ 107 106% 107 + %
Dow Chem 2.35s 61. 100 99% 99%-%
Duluth HS&A 6s 37 . 36% 36 36%+ %
Duquesne Lt 3V4s 66 103% 103% 103%
Erie 4%s 2015_ 66 65 65 -1%
Erie 3%s P 80_ 88 88 88 - %
Firestone T&R 3s61 103% 103% 103%+ %
Fla East Coast 6s74. 54% 52 54%+2
Gen Real 3t Pt 4s 68 85% 85% 85%+ %
Goodrich 2%s 66 — 101% 100% 101 - %
Grt NorRy 6%s 62- 115% 115 115 -1
Ort North 6s 73_ 130 128% 12B%-2%
Grt Nor 4V4s 76 D_. 123 122% 122%-2%
Gt Nor 3Vss 80 N... 101 100 101 - %
OM&O 2044 B_ 57 55% 55%-lV
Gulf Bta Ptll 2Hs76 100% 100% 100%-1
Hudson Coal 6s S2A. 88% 86% 88%+ W
Hud 3i Man rf 6s 67. 55 53% 54%+ U
Hud 3r Man In 6s67- 14% 14 14%- V
IU CentraMs 63__ 99 98% 98%
111 Cent rfi4s66_ 99% 99% 99%- %
111 Central 4%s 98— 80 78 78 -IV
111 Central 6s 66_103% 103 103%+ M
IC C St L 6e 63 A_ 91% 89% 90 -1M
I C C 8t L 4%s 63_ 85 83 83%-2V
111 Terminal 4s 7IS__ 99 98% 98%- W
Int Grt Nor da 52 25 23% 24%+ U
Int Ct Nor 1st «s 53 59 57V* f#*+ 51
Int Hr Else 0s 44_100 99 109 +1M
James F*C 4s 59.. 82* 80 82*+3Vi
Jones & L 3 Vis 81... 102V* 102* 102*- W
Kan City Sou 4a 75. 103* 102V* 103*
Ky Ind T 4*s 81st- 106V* 106* 106V*- Vi
Koppera 3s (14_ 103* 103* 103*—1V1
L S A M S 3Vis 97.. 101V* 101V* 101V*+ M
Lautaro Nit Inc 75 .. 90* 90* 90*- U
Leh V H T 6s 54_ 66 65* 65*- VI
Leh Val NY 4V*s 50. 70 68 68 -2*
Leh Val 5s 2003 st._ 42V* 41* 42-41
Leh Val 4Vil 2003.. 37* 35V* 37*+ VI
Leh Val 4s 2003_ 35* 33V* 34V*+ V(
Leh Val Term 6s 61. *9V* 69 69V*-1
LAN 3 Vis 2003_104V* 104* 104*-lVi
LAN 2Vis 2003 _ 96 96 96 - *
Main Cent 4Vi» SO.. 71 70V* 70V*-2
M W S E 4s 38_ 15* 3fl 35 + Vi
MRRNJos40_ 05 53 55 +3
M-K-T 5s 82 A_ 80* 80 80 - *
M-K-T a) 5s 07_ 61* 53* 55 -7
M-K-T 4V*S 78_ 72 71* 72 + Vi
M-K-T 1st 4s 90_ 76V* 75* 75*—IV*
Mo Pac 5Vis 49_ 26* 24V* 25*- V*
Mo Pac 58 65 A_ 80 78* 78*
Mo Pac 5s 77 P_ 80V* 77V* 78V*+ *
Mo Pac 6« 78 Q_ 80 78 79 +1
Mo Pac 5s 80 H_ 80 78* 79 +1
Ms Pac 5s 81 1_ 80 78 79 +1
Mo Pac an 4s 75 — 33* 30V* 32 + Vi
Mor A Essex 6s 55_ 70 69* 69|*— *
Mor A Eax 4V*S 65 . 65V* 65* 65*-lVi
MorAXsx 3Vis 2000 59V* 57* 59*+1*
Mt St T A T 2Vis 86 98* 97V* 97H-1*
Nash ChaASt L 3s80 97* 96V* 97 -1*
Nat Dairy 2Vis 70— 102* 101V* 102 + *
Nat Steel 3s 06 .... 105V* 105* 105*- *
NO TXAMX 6Vis 54. 101 100* 100*
NO TxAMx 6s 54 95* 95 95*+*
NO TxAMx 4 Vis 60- 91* 91* 91*+1*
NY AP 4s 93_ 66V* 66* 66V*- Vi
N Y Cent rl 6S2013. SO* 78 79*+l*
N Y Cent 4**s2013A. 72 71 72 + Vi
N Y Cent en 4s 98_ 68V* 66* 67*+ Vi
N Y C A H R 3Vis97. 87 85* 85*-lVi
N Y C M C 3 Vis 98 - 66* 65* 66*-*
N Y NHAH CT 0S 48. 54* 52V* 52V*-lVi
NY NHAH cl 6s 40 80V* 80 80 - Vi
N Y N HAH lne 4Vii— .
2022 w! 34* 32* 33 -2
NYNHAH 4Vis 07 51V* 50* 50*-lVi
NYNHAH 4s2007wl_ 67V* 65* 65*-2*
N Y NHAH 4s 47- 50 49* j9*-l*
NYNHAH4S65 . 50* 49 49*-lV*
NY NHAH 4s 66 - 50* 49* 49*-l*
NY NHAH 4s 67— 12V* 12 12*+*
N Y NHAH 3Vis 47- 48V* 48* 4B*-1V4
N Y NHAH 3Vis 64.. 49 48 4a*-!'*
N Y NHAH 3Vis 56- 49V* 48* 48V*-1*
N Y O A W r 4s 92 _ 9V* 9V* »**- *
N Y OAW tn 4s 55 .. 4* 3V* 4* .
N Y Sus Ws x 5s 40- 15 12V* 13V*+ Vi
N Y Sus W rf 6s 37.. 38 35 38 +3
NYTel23«*82— 101V* 101* 101V*
N Y W A B 4Vis 48. 12* 11* 11*-1
Norfolk So 6s 2014.. 44V* «3* 43*-2Vi
Nor Pac 5s 20*7 D_. 100* 100* 100*- *
Nor Pac 4*s 2047 — »7* 96 97*- Vi
Nor Pac 4’is 75_ 102* 102 102V*
Nor Pacific 4c 97 . 105* 103V* 104 -1V4
Nor Pacific 3s 2047 67V* 66V* 66*—IVi
Nor St Pwr 2Vis 75. 101* 100* 100*- Vi
Ohio Edison 3s 74 - 105* 104* 104*- Vi
__ — ... -1 -fti; iruu-9h
P»c G & E 3s 77 - 106% 106% 106%- %
Pac Gas ft El 3s 79_ 106% 105% 105%-1W
Pac T & T 2’/»s 86__ 102% 101% 102%-1
Pac T ft T 2%s 86 100% 100 100 -lVi
Penn Cent Air 3Vi60 44 41 44 +1
Pen RR aen 6s 68 108 107 107 — Vi
Pen RR cn 4Vis 60- 118% 118 118 + %
Pen RR fn 6%s 65- 105 104*+ 104%+ Vi
Pen RR fn 4 Vs* 81 „ 10OH 100 100%
PtnRR4V.sS4*—100% 99% 99%- Vi
Pen RR 3 Vis 62 101 100% 101
Penn R R 3 Vis 85— «8% 87% S7%-3
Pere Marot 3%s 80- 104% 104% 104%- Vi
Phila Co 4 V*a 61_ 107 106 106 - +1
Phil E 2 Vis 67_103% 103 103 - Vi
Phil Elec 2Vis 74— 102% 102% 102%-1V
Phillips Pet 2Vie 64 102% 101% 102 - M
' Pitt BALE 2Vis 98 99% 99% 99%- Vi
P C C 8t Lou 6e 70 A 108% 107% 107%—IV*
PCCB1 Lou Bl 76 B 109% 107% 108 + »A
Pitt Steel 4Via 60 , 103% 103 103 + Vi
1 PlttAWVa 4%a 60C- 86 84% 86 +1M
i Plttston Co 6 Vis Mf 100% 100 100%+ Vi
Rdf 3 Vis 96 - _97% 93 93 —3
Rutland lit 4Vis41 8% S% S%- M
St L San F 4Vis2022 31% 49% 49%- Vi
St L San Fran 4s 97 85% 84 84%- Vi
St L S W ri 6s 90 - 86 85 85%- Vi
StP ft KCSL 4Vis41 44 43 43%+ Vi
’ Sea A L lnc4 *+s2018 66% 63% 65%-l
i Seab Air Line 4s 96. 101 100% 101 + Vi
, Shell Union 2 Vis 71. 97% 96% 97 - Vi
' SlceUy Oil 2Vis 65 -.101% 101% 101%- Vi
■ Soconr-Vac 2Vis 76. 98% 97% 98 - M
I So Ind Ry 2Vis 94 _ - 82 02 82 -2 Vi
So Pacific 4Via 81— 93% 93% 93%+ M
io Pacific 4Vis 69— 96 95% 95%- Vi
So Pac 4!is Or 77.. *»% *8% 98%- VI
. South Ry 6Vis 68 H5% 114 115%- Vi
. Sou Ry cn 6t 94_117% 115% 115%-2
South Ry fn 4s 68 96% 95% 93%- Vi
i So West Bell 2Vis 85 100% 100 100 - Vi
[ StdOilN J2Vis71. 97% 96% 97%- Vi
Texas Corn 3s 65 105% 105% 105%
Tex ft N Orl 3Vis 90 95% 94% 94%-lVI
Tex ft Pec 3%s 86- 101% 101% 101%- Vi
Third Ave 6s 60 - 47 41 43 -4
Third Are 4s 80 . 83% 79% 83%+3M
: Union Oil Col 3s 67- 103% 103 103%- Vi
' Un Oil Cal 2V»s 70- 102% 101% 101%-lVi
. Union Pac 2 Vis 91 - 95% 95 95%— M
US Rubber 2Vas 67- 97 92 97 - Vi
Unit Plctur 3*.i 69 100% 99% 100
Va Railwsy 3a 96--. 104% 103% 103%-lVi
Waba*h4V.«l_ 80% 80 80 -3
Wabash 4s 81_ 83 82% 82%- Vi
Wabash 8%$ 71_ 97% 96% 97 -lVi
Wtlwih 3 Vis 78_ 96 95 95 -1
Weat Short 4s 2381- 65% 63 63*++ V
West Shore 4»2361r 64 62% 63%
Western lid 4i 62 . 102% 102*4 102%
Weft P*c4Vii2014-. 102 101% 102 + V
Western Un 6s 61... 93% 92% 93%- V
Western Un 6s 60 - — 92% 91% 91V4+ V
Western Un 4Vis 60 '94% 93% 93%- V
Wee this El 2 Vis Ble 101 100% 101 - V
Wise Cent 4s 49 - 67% 66% 66%-2V
WU Cent 4a SAD 86 22% 21% 22 +1V
WORLD BANS BONOS.
lntBkRAD3a72. 10110 100 25 100 30+
XntBkRftD2 V+A7. 100 IS 100 11 100 11
CURB SUMMARY
(Furnished by Use Associated Press.)
A selected list at scare sleeks.ea Ike
uVh T,°ik fl5*t£*.2k
•uffie **>w >oa elMiBf lriM ftr m wmb
and the net ebaase from the oerteas
Satarday’s cleee.
_ Stock and Met
Dlrldend Rat*. Hlch. Low. Close. Obi.
Ainsworth la_ 15V* 13V* 13V*
Air-Way Elec Ap .40. 9 9b* *
Aireon Mft Co_ Mb lb* lb*- V*
Aireon Mf* pf_ 4 3b* 4 + V*
Alum Ltd 8_173b* 172V* 173 +1
Alum Co Ami_ MV* 94V* 97H+2b*
Alum Ind .56*_ 32V* 31 31b*- V*
Am Bantam Car_ 2b* 2V* 2b*
Am City PAL B .16* 9V* 9V* 9b*- V*
Am A Porelcn P war bb bis bis-Vis
Am TDrkAHoe 1.35* 19V* 19 19V*4- V*
Am Gas A El lb_ 37bb 37V* J7V*+ b*
Am General V*e_ 2V4 2V* 2V*
Am Hard Rubber... 19V* 17 19V*+2V«
Amer L A T 1.30_ 20 19b* 19V*+1
Am Lt A Trae pt 1V* 32V* 31V* 32V4+2
Am Maracaibo_.3 29b 3
Am Meter 3*_ 47V* 44 44 -»
Am Pot A Ch B IV*.. 39bb 34V* 39b*+2V*
Am Republics V«*._. 19 17V* 17b*- V*
Am 8uperpower_ IV* 1 1
Am Superpower pf_. 99V* 94 99V*+2
Am Thread pf V*_ 9 4bb 9 + V*
Anchor Post V*_ 7V* 7V* 7V*- b*
Axwuslnc_ 9b* 99* 9bb+ V*
Ark Natural Gas_ 9 9V* 9 + b*
Arkansas Nat Oas A. 9b* 9V* 9b*+ Va
Ark Nat Gas of .60. 109b 109* 109*+ V*
Aro Equip 45s X 10b* 10V* 10**- V*
Ashland OUAR .60a. 12b* 12V* 12V*- b*
Atlantic Coast Pish. 9tt 9b* 9V*+ H
Atlss Corn w w_ 99b 9V* 9b*+ H
Atlas Ply 2 V4_ 31 29bb 31 + 9b
Arery A Sons bis_ 14V* 13b* 14 +1
Ayrshire Col 1.20... 93 92b* 93 +lb*
Bebcock A Wll IV**. 92V* 47V* 92V4+49*
Barium Steel.. .... 49* 4V+ 4**- V*
Basic Refract .40... 9V* 9V* 9V*+ H
Bell Tel Can 8 _ 142 142 142 -3V*
Berk A Gay Turn_ lb* IV* IV*- V*
Blue Ridfe .10*_ 3V» 3V* 3V*+ V*
Bohaek (HC)_ *9 47b* *9 +3
Breese Corp 1*_ 13 12b* 12b*+ V*
Brewster Aero_ 9V* 9V* 9V*
Brit Celan OS*_ 3V* 3 3
Brown FDist 80a . 22b* 20b* 22 +1V*
Brown Rubber .30*.. 9V* 79b 8
Bunker Hill A 8 Vba. 17 19b* 17
Burd Piston R .65*.. 19 13V* 19 +1V4
Burma Ltd _ *bi» 9b 9*
Burry Biscuit_ 3b* 3b* 3V*— V*
Calllte Tun*_ 2% 2% 8%+ %
Can Marconi_ 1% 1% 1%
Carr Cona Biac Co 1. 9 • • + %
Catalln Am ,40a 10% 10 10 — %
Cent & 8 W Corp .70 10% 9% 10%
Cent State Elec pf__ 73 69% 72%+2%
Ceaana Aire ,16e_ 3% 3% 3%+ %
Chief Cons Mng_ 1% 1% 1%
Cities Servlet_ 37% 33% 37%+lM
Claude Neon_ 2% 2% 2%
Clinch Coal 1_ 12« 115 123%+13%
Colon Development. 3% 3% 3%+ %
ColonlalAlrllnea_ 8 7% 7%— %
Col 8and*8tone .40 7% 8% 7%+ %
Colo Fuel * Ir war.- 3% 4% 4%+ %
ColU Mfg lVig_ 34% 344* 34%— %
Commodore Hotel.- 3% 3% 3%+ %
Comwlth ft Sou war. Via Vie Via
Comm Water Sve. — 1 4Vi» 1 + Via
Cone OE Balt 3.80- 72% 70% 70%- %
Cone Oas Dtll %_ 8% 8% •%+ %
OonsMnr&Smit 2Via 70% 88% 70%+1%
Cone Stl Corp 1_ *8 28% 28%- %
Cone Teatlle 1.188-- 1*% 12 12%+ %
Cont Fdy ft Meh Vi. 14 12% 13%+ %
Copper Range Vig . _ 10% 10 10%+ %
Cornuc G Min _ Via Via Via—Via
Creole Pet 1.96g_ 34 33% 33%
Croft Brew ,05e_ 1% 1% 1%
Croaley Motors_ 8% 8 8 + %
Crowley Milner Vie. 7% 7 7%+l%
Crown Cent Pet_ 4% 4% 4%+ %
Crown Drug ,10g« 3% 3%+ %
Cuban Atl Sugar 2a * 22% 19% 19%— %
Dennisoit Mf A .60g_ 11% 10% 11%+1
Derby Oil lg_ 18% 13% 18%+1%
DetOraylron.lOg.. 2% 2‘/i 2%— %
Diana Stores Vi_ 8% 8% 6%+ %
Domestic Credit_, 3% 3% 3%+ %
Domin 8tl & Coal Vi. 11% 11% 11%- %
EastG&FBpf 4Vik. 88>* 67 88 - %
East States pf A_ 74 72 74 +2
East States pf B_ 69% 67 88 +1%
East Bug Associates- 14% 13% 14%+ %
East Bug A pf 1 Vak-. 39 33 38 +2%
Easy Wash B Vig_ 10 9% 9%+ %
Elec Bond*Share.. 12% 11% 12%+%
Elec Pwr&Lt 2 pf A. 130 144% 130 +7%
Elec Pow * Lt war_ 6 3% 3%+ %
Elliott Co_ 83% 21% 23 +1
Eauity Corp_ 1% 1% 1%+ %
Eureka C Ltd_ 3Via 2% 3%+ %
Fairchild E* A_ 3% 3% 3%
Falstaff Brew la_ 28% 28 28 — %
Fanateel Metal Vie— 17% 18% 14%
Fedders-Qulg .80— 11% 11 11%
Ford Mot Can A Vig. 16% 16% 16%- %
Fuller G A IV,e_ 27% 23% 26%+ %
Gellman Mfg_ 7% 8% 7%+ Vi
Gen Plywood .80a_- *0% 20 20%+ Vi
Giant Tel G M_ 3% «% f%+ Vi
OleB Alden Coal 2-_ 19% 18% 19%+ %
Goldfield Cons_ % Via Me-%|
GoG»m Mfg F-%B— R% 97% 99 +1
Gray Manufact_ S% 8% 8%— Vi
Gt Atl A ? ny 4g-_,. 102 100% 102 +2
Hall Lamp .70g- 14% 13% 14 + Vi
Heel* Minin* l_ »
Helen* Rubin li_ 14% UH 13%+ M
Heyden Chemical 1_. 22% 20% 21 + M
Holl C Gold .181_ 10% 10% 10%+ W
Humble OU 2f_ 71 09 70 + \t
. Illinois Power 2_ 2»% 2* 29H+ M
111 Zinc .60a_ 13% 12% 13%+ ?(
Imp Oil Ltd %_ 12% 11% 12%+ M
Int Petrol V, . 11 10% 11 + M
Int Produets %*_ 15% 14% 15 — V
Int Utilities .90_ 11% 11 11 -%
Jim Brown 8tr- 3% 1% * —1%
Jim Brown 8tr A.™ 9% 9% 6%—2%
Kalser-Frasler _ 8*% 7% *%+ W
Klnnston Prod .20-. 4% < 4%+ %
Kirby Petrol .10e - *2% 10% »2%+l%
Kirk Lake GM 04*. l<Ms 1% 1W+ %
Lake Shore M .54* _ 12% 12% 12%- %
Lanston M Mach la. 19% 10% 19%+ M
Leonard OU Develop 1% 1% 1%+ %
Le Tourneau_ 17% 10% 10%—1%
Logans Distill_ 11% 10% 11%+1%
Lone Star Gas 1- 19% 19% 19%
Long Island Llghtn* >% 84* Bfc-Me
Louis Land & Ex .80 13% 15 13%- %
Manatl Sugar war-- % % %*+ %<
McCord Corp %* — .. 19% 10% 19%+ %
McWlll Dredge- 13% 13% 13%- %
Memphis N Gas .1 Og <% «% 0%— %
Menasco Manulact-. 1% 1% 1%+ %
Mesabilron_ 4% 4% 4%+ %
Michigan 8u*ar- *% * ,*%T %
Mid St P A vte 2.40e 19% 10% 19%+1
Mid West Corp V«b.. 13% 14% 13%+ %
Mid West Refin ___ 2% 2 2%+ %
Minin* Corp Can_ 7% 6% 6%+ %
Molybdenum %_* 7% 7% 7%+ %
Monogram Pictures. 3% 3% 3%
Montgom Ward A 7_ 107% 107 107 +1%
Mt City Copper- % % %
Mount Prod ,60a 9% 9 9 - %
Nat Bellas Hess .20* 3% 3% 3%- %
Nat Fuel Gas .80— 12% 12% 12%- %
Nat Press Cook 2---x 39% 32% 39%+2%
Nat'l Transit_ 4% 4 4%
Nat Tunnel *M — % % %+ %
New Eng T&T 3V«* .. 92% 90 92%+ %
New Jer*Zinc 2* —. - 60% 99% B9%-1%
New Mex A Aris — 9% 5 9 — %
N Y 8pbd fdsh %* - 13% 11% 13%+*%
Niagara Hud Pr 0% 0% 0%+ %
Nla* Hud Ipf 17'4k 110 100% 110 +1
Nlles-Bem P .45* — 10% 10% 10%+%
Nip'sin* Mines- 1% 1% 1%
Noma Elec V4b- 16% 19% 16 — %
No Am Lt & Pwr_ 0% 0 0 ♦ %
Nor Am L & P Pf — 103% 104% 105
No Am Ray B 2V«* _ 43 42% 42%+ %
Nor States Power A. 36% 34 36%+2%
Northrop Aircraft.. 6% 6 6 - %
Ohio Brass B 2'/.* . 39% 33 33%+ %
Okie Nat Gas 2 . 31 29% 31+1%
Pac Gas&EI 6 Pf 1V4 40% 39% 40%- %
Pan Am Air war ... % % %*+
Pantepec Oil .64- 9% 9% 9 4— %
Pennroad V.e- «% * *
Pep Boys %*- 6 9% *%- A
Pepperell 3a 53 35 *3 + 1
Pharis Tire&Rub .60 6% 6% 6%+ %
Phillips Packing . 13% 12% 13%+ %
Pioneer Gold 3% 3% 3%+ %
Pltney-Bowes 60 12 11% 12
Pitts* Lake Erie 2g 35% 34 S3%- %
Producers Corp 1% 1% 1%
Quaker Oats 4'/i*-- 08% 87 87 +1
R-K-O opt war- 3% 3% 3%
Raytheon Mf(- 7% 7% 7%+ M
Richmond Rad — 4% 4% 4%
Rio Gr Vsl Gas .10*. 1% 1% 1%
Rons Art Met 1.20a. 19% 18% 19%+1W
Roosevelt Field y«e_. 6% 9% 9%— M
Root Petroleum_u 12% 11% 12%+1
Ryan Cons Pet- •% •% _6%7jl
StLewrenee pf T-V: * 42V* » 41V*+1W
Salt Dome OU- 4V* 48* • + M
Sayre A Fish .10*- — » 48* 48*+ M
Schlff Co la_ 31V* 30V* 31V*+ M
Schulte DA.40- 4 38* 4 + M
Scovlll Mft 2_ 32V* 31V* 3*V*
Steal Lock A Hard.. >8* IV* 180+ M
Select Induatrlee_ 18* IV* 18*1 M
Select Ind ct .90*-— 19V4 14V* 178*+1
Semler R B Vi*_ 78* TV* 7V*- V*
Shattuck Denn- 18* *8* 18*
Sherwln-Wms_ 70V4 49V* 49V*— M
Sllex .45*_ 11V* 11 11V*-1
Simplicity Pat .40. _ 4 TV* 9 + V4
Sinter Ml* 0*_*74 *71 *71 —7V4
Solar Aircraft_ 108* 98* 108*+ 81
Solar Manufact- 38* 38* 38*+ VI
Sonotone .10*_ 38* 38* 38*- W
South Penn Oil la . - 318* 31V* 31V++ V4
So Cal Ed cv pf 1.12. 318* 31 31 — >4
Stand Cap A Beal-— IB1* 17 178*— W
Std OilKy 1.40a_ 29V* 28V* 1B8*+ 81
Std Pow A Lt_ *V* *V* 28*+ V4
Starrett Corp- *8* 9 98*+ 81
Sterl Alu Prod .86*-.* 19V* It 19 +1V
Sterling En* —.*.- *8* *V* IV*— M
8terllnt Inc V* *8* 98* 9V*+ M
Sunbeam Corp 1.20* x 33V* 31V* 31V4—1V4
Technicolor Vi*- 1JV* 1IV* 12V*
Textron Inc Vi*- 128* 12V* 118*— M
Thew Shovel lt_ 41V* 40 41V*+1M
Toledo Edla pf 4V« -. 1018* 101 1018*+1M
Trans-Lux V*«- 4V* 38* 38*
Trl-Cont! w w_ 28* IV* 1V*+ >4
Unexcel Chen Vie— 7 48* 48*— W
Unit Alrc Prod-—. 3V* 3 3V*
United Corp war- Me V* V*
Unit Oat 85*- 178* 17V* 178*+ W
Utd Lt A Rye Vi* _ _ 228* 12 128*+ 81
Unit Shoe Mach 2>*» *48* 43V* 448*+ 81
U 8 Foil B 15*_ 138* 12V* 138*+1M
USAIntSee_ **V* *VA IH+ Vs
U 8 Radiator_ 12V* 12 12M+ V(
Utah-IdahoSu* .15* 38* IV* 3VA— M
Vene*Syn.l5*- 38* 3V* S1*
West V* CAC Vi*-— 14V* 148* 198*+ 81
I Williams R C V**-— 148*1 12 148*+2V<
Wlnntpe* Elec Vi»—. 14 138* 138*— W
Wrl*ht Hart .18_ 28* 284* 28*+Vi
Rates of dividends In the forecoin* tabh
are annual dlbursementa based en the las
Quarterly or semiannual declaration. Un
less otherwise notedTweelal or extra dfvl
dends are not Included a Alsoextra o
extras. bPlus stock dividend, d Cash oi
stock, e Paid last year f Payable !]
$ik S
L Tint*, aw without vimatfl.
Auto Plants Prepare
For Model Changes,
Hudson Acts First
By David J. Wilkie
Auotiated Pf«i Automotive Iditor
DETROIT, Sept. 30.—The car in
dustry doesn't need new models to
promote buyer interest but it is going
ahead with plans for a lot of
changes between now and next
Wring.
First to announce a shut down for
new model operations is Hudson,
which closed Friday night to make
plant and equipment changes needed
to put a new model Into production.
Others of the so-called “Independ
ents”—those outside the "big three"
of General Motors, Ford and Chrys
ler—are expected to follow within
the next few weeks.
Hudson’s disclosure that the new
model will be lower, yet retain all
the required headroom and that
riders upon entering it will “step
down into” the vehicle, started no
little speculation In automotive
circles as to the styling of other new
models yet to come.
WkA 1U. _ __ TV_I__111
•'**••* »*»v livn SSUUOUII fltii
be only 60 Inches from the ground
to the top, with much lowered cen
ter of gravity, was another interest-1
ing detail disclosed by the Hudson
management as' it prepared for a
“few weeks of assembly line shut
downs for the completion of a (16,
000,000 change-over program.
Outward Style a Secret.
Hudson gave no Information about
outward styling of the new car. A. E.
Barit, company president, did say,
however, that passengers will ride
“within the frame of the vehicle
rather than on top of it;" that the
rear seat will be ahead of the rear
wheels and that although the new
model will be but 75 inches wide at
the rear wheels, its rear seat will be
63 inches wide.
It takes from four to six weeks to
complete a model change-over:
sometimes, if the contemplated
changes are extensive, even more
time is required. Most Industry
sources believe Hudson will be down
for at least four weeks, although it
has been able to dispose of a lot of
preliminary change-over work while
its 1947 models were in production.
According to present planning
none of the "Big Three” of the in
dustry will bring out new models un
til after next January 1; it may be
well into the spring months before
all of them have been introduced.
Ford, with plans for a “completely
new" vehicle, may not get it into
production until some time during
next year’s second quarter. Whether
it will then be designated as a 1948
or 1949 model has not been disclosed.
Hudson is referring to its forthcom
ing model only as a "new Hudson”
rather than as its 1948 model
1949 Model* Already Started.
Even before the public has seen
the 1946 models the Industry’* en
gineers are working on 1949 vehicles.
Some Industry ■analyst* believe mx>y
of these will appear next September
and October, getting the Industry
back on It* pre-war new model
schedule.
Still others assert most of the
automobile makers would like to
hold a national automobile show
in January 1949, and may delay
models in order that initial
showings may be made at that
time.
Certainly the manufacturers
will give serious consideration to
the effect of two model change
over shutdowns in one year.
Two such suspensions to re-tool
for new models would involve an
overall loss of at least 1,000,000
units.
Offsetting this is the fact that
unless the industry gets a great
deal more sheet steel than cur
rently is in sight it is certain to
fall that many units below
capacity output next year re
gardless of new model change-over
shutdowns.
The steel scarcity reportedly is
so acute that a dip is in prospect
in next week’s production and,
instead of the 440,000 units the in
dustry scheduled for September pro
duction, the total more likely will be
about 400,000.
I WANT TO INVEST
From S5,000 to $20,000
WITH SERVICES IN GOING
BUSINESS.
Write Box 346-C, Stor
"Be Sure and Inture**
ED BATURIN
INSURANCE BROKER
423 Southern Bldg. Dl. 0762
...
WHKN to BUY
and WHKN to SKLL
Th« boHotm TlAtny Acnow ft Him.
mk<t Otnaoos" u iMuad one* a awk. ft
doaa not pive you • lot of "iii, node or bo*”,
aad taaaom why euch aad such a Mack ft
attractive or othvrwij**.
It telle yon EXACTLY WHAT TO DO.
la order to prove to you that we have what
you went, we win aead you a copy FREE.
Simply write for Bulletin W8. .
Wetsei Market Bureau, Mm. |
(Incorporated 1938) W
EMPIRE STATE BUILDING, NEW YORK
imnwim.ttmrnmrtm
rREAL ESTATE^
Loon*—Insurance
KENTS—SALES
P.J.WALSHE.ING.
Founded 1889
.111* Ere St. N.W. NA. «4«S
1—
1ST TRUST
I
Loans
Frank S.
PHILLIPS
927 15th St. N. 1411
Loan Corretpondent—
New Intland Mutual Lite 1m. Co.
The Midland Mutual Lite Ini. Co.
IDLE FUNDS
... IN SAFETY
... FOR PROFIT
4
WE WELCOME
YOUR ACCOUNT
Idle Funds perform but on*
function—a reserve for emer
gencies. But by investing these
funds ot Jefferson Federal Sav
ings you enjoy extra income
twice o year. Stop in or phone
Executive 0747 for full infor
mation. Funds ore insured to
$5,000.
FF
FEDERAL SAVINGS
AND LOAN ASSOCIATION
1631 K Strut N.W.
EXtcutlv* 0747
' Formerly Columbia Permanent
Building Association (
j Organized 1903 I
PROFITABLE HEATING EQUIPMENT
FRANCHISE AVAILABLE
One of the most highly sought franchises in the
Oil Burner Industry is open in this area. The burner
is gun type, product of a widely known, long-estab
lished Midwestern manufacturer. Models range from
small domestic burners to a size for commecial in
stallation. They incorporate exclusive sales features
which the public knows about and wants.
A new Package Boiler Unit for hot water and
steam and a complete line of package units. Ciil,
Gas and Coal fired warm-air furnaces will be avail
able on or before December 1, 1947.
We invite inquiries from: (1) large wholesale
houses cultivating their trading area with an aggres
sive merchandising sales organizaton; (2) persons
with oil burner experience; (3) financial responsibility.
Box 70-H, Star
1Lux Jw a (fiwtwe
Consistent systaraattc sasteq teOW am mean a worid
of enjoyment kx you and yours in the years to come.
A **gsra tor a Purpose" account at fee Pint Federal
Savings of Washington will assist you in reaching
your goal of Financial Independence sooner.
i
Earnings on savings are added and compounded
•very six months and thus will hasten the day of
FV>wv**l Independence lor you.
The LARGEST Federatl^l nsured Mutual
Savingt Institution in the Nation’s Capital*
FiRTT FCDCRAL MVlPGt
«d» io«n disocmnoo
e* iv«>Min«fo*
or*
No Branch Office* Coooonttntly Locotod;
SJO Thirteenth St NJF. (Bet. F 4 G)
District tm
FOR SALE
WIMBLEDON, noar
London, England
Attractive modern residence on high
ground. 4 reception. 9 bedrooms. 4
bathrooms, billiard room, hard
tennis court, 3-car garage: lux
urously fitted throughout. Central
heating, all modern conveniences.
1V« acree. *18,500. Write or cable
Chartres * Ghadburn. A Southside.
Claphara Common, London. S.W. 4.
W« welcome . . .
your SAVINGS
accounts INSURED u» h
$5,000.00
by Mm FIOIRAL SAVINOS
iN LOAN INSURANCI CORF.
I CHEVY CHASE
BUILDING &• LOAN
ASSOCIATION |
4949 Wht—tim Am. |
ck—f ckM0. Mi. wi. un I
t
LOANS
ON
REAL ESTATE
Varieaa plans, taelaAinr lons-term
monthly aaymeats. at favorable rate.
* BOTAU^ALM-^tinUNc/
GEORGE I. BORGER
MS IbAJabS Avo. N.W.
NA. «8S*•
4
* FLASH ANNOUNCEMENT!!*
Standard & Poor's Have A Selected List
of Stocks for the Next Advance.
18 LOW-PRICED STOCK SELECTIONS - -
Imsm that habitually outgain the general list
1218.6% rise—1642 lews to 1646 highs.
Our Analytical and Statistical Staff has combed the entire low
priced stock field. On the basis of experience and thoroughly
tested market studies there is no doubt whatever that m the
next advance well situated low-priced stocks will again
show the largest percentage gains.
Thla Important Study la Now Available. Art Quickly!
Man »1.00 with this ad and your name and addraaa for thla importaa*
study and list of IS strongly situated Low-Priced Stoeka. At ns added
tort we will send rod the neat J Issue* of Poor’s Invest moot Advisory
Service, a leading guide for thousands of successful Investor*.
Offer open to Now Readers only
THIS IS AN OPPORTUNITY YOU SHOULD NOT MNC.
POOR’S INVESTMENT ADVISORY SERVICE
laaued by Standard A Poor’* Corporation (established 1860)
34S Hudson Street, New York 14, N. Y,
N»w Imu« ;j
Alexandria Iron Works, Incorporated |
Alexandria, Va. I
10,000 UNITS 1
5% Preferred Stock
(W5.00 per TeJoe) y
Common Stock Clone B
(11.00 per retael
PRICE, $30.00 *PER UNIT 1
Offering U made by Proepeetu* which J
i may be obtained from the undersigned* y
ALEXANDRIA IRON WORKS, INOORPORATED I
ALEXANDRIA, VIROINIA_I
> ‘