------ ■■ ■' ] STABILIZATION FUND Financiers DAlVinC ° N NEW YORK Expect BONDS MOVE UP; IS U IN U iD STOCK EXCHANGE CURB LIST SMS N. Y. CURB MARKET FOR DOLLAR ASKED Bond Offering Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office. Big New York State Hish. Low. Close. Stock and Sal*— Stock sad Sale— By UNITED STATES. _ Alexander Hamilton Institute Ill Bell Tell 5s *56. 106% 106% 106% Dividend Rate. Add 00. Hiah. Low. Close. Dividend Rate. Add 00. High. Low. Clooe. In $1,000.) (Sales are VIGOROUS DAILY 9 9* Pacific East Corp. 2 2* 2* 2* TRADING BANDS Low. Close. 111 Cent ct tr 4s ’52.... 68 66 68 Ainsworth Mfg.... 2 914 Bt the Associated Press. High. Holds Wild Fluctuations 101 10 10*13 111 Cent C1 tr 4s’51.... 67% 67% 67% Alrlnvlncvtc. 1 214 214 214 PacG&Elstpf 1* 1 21* 21* 21* Lib 34» 32-47.... 102 19 Pan-Am NEW YORK, October 31 111 Cent ref 4s'65...... 73% 72% 72% Allied Mills. 10 10*4 1014 10*4 Airways.. 1 52* 62* 62* 4.—Municipal 1st 4 s 32-47. 10231 102 26 102 Lib 4 6914 68 Pantepec Oil. 1 l* i* i* Tend to Hurt Trade. bond circles expect an early announce* 33-33 103 12 103 5 108 8 111 Cent 4%s '66. 56% 55% 56 Alum Co America. 1360a 6814 Lib 4th 44s Favorable Industrial 2 Parke Davis (1)...- 1 21 21 ment of new long-term financing for Railroad Take 27 98 23 98 26 111 Cent ref 5s ’55. 75 75 75 Reports Am Beverage. 1 2 2 21 Obligations US 3s 51-55. 98 Parker Rust P New York State. An offering of slightly 2 1006 111 Cent 6%s.. 90% 90% 90% Am City P&LB 15c 1 2*4 2*4 2*4 (I). 60s 67* 66* 66* IT S 34s 46-49.... 1009 100 Penroad Special Dispatch to The Star. less than $30,000,000 of bonds will be 1018 IUCCSt IAN 4 % S... 58 68 58 Am Cynamld <B).. 30 12*4 1114 12*4 Corp.. 18 3* 3 8* on US %Vi... 10110 1014 Add to Effects of Tech- it is the end Prominent Part Buy- 348-41 St LAN 5s Am & For Pw 8 7 614 I 7 Penn Wat &P (3).. 1 49 49 49 NEW YORK. October 4.—Pointing placed, understood, before 41-43., 10121 10116 10118 I11CC A.. 66% 64 66% war.. U S 3%s M 14 Pepperell Mfg 8.08. 20s 73 of October under competitive bidding. 14 101 20 111 Steel ls« lin4%s’40. 102 101% 101% Am Founders.. 11 14 14 73 78 out that the present weakness of the ITS 34s J 40-43.. 101 21 101 Petrol The issue, it is said, will consist of 24 Inland Steel 4%s B ’81 80% 80% 80% nical Basis. Am Gas & El (11).. 66 25 22*4 2414 Corp war... 2 ft ft ft Side. S 43-47.... 101 24 101 24 101 dollar Is an adverse effect upon due in ing U 34s Am I.t* 7 154 Phillip Morris Inc., 8 8* 8* 8* having general improvement bonds, from 104 1 104 104 1 Int Cement 5s’48. 77% 77% 77% Trac 1.60. 1514*1414 U s 34s 46-56.... 1H Pioneer Gold (60c) 24 business the Alexander Ham- 1 to 25 years; emergency construc- 31 106 3 Int Rapid Tr rf 6s '66. 65% 64% 64% Am Maracaibo. 24 1H 114 11* 11 11* conditions, US 4s 44-54. 106 11 105 Pitts Plate O tion bonds of like maturities, and Int Tr to The Star. Am Potash & Chm. 16 16 16 («0c) 100s 82* 82* 32* ilton In Its current grade CRONE. 1102 109 27 109 31 Rapid 7s'32.... 67% 67% 67% Special Dispatch 160s Institute bulletin, BY JOHN A. US 44847-52.... 3*4 Potrero Sugar. 10 1* crossing elimination bonds, due in from Int A Grt Nor 6s ’52... 84 33 34 Am Superpower. .. 48 34 314 1* 1* NEW YORK, October 4 —Stocks ral- Powdrell & suggests the establishment of an eaual- 1 to 50 Dispatch to The Star. Hlth. Low. dost. Int A Grt Nor aj 6s*52. 11% 10% 11% Am Super J st pf 6. 1 56 65 55 Alex... 1 27 27 27* years. ■pecial Premier Gold lzatlon fund, such as was done by Great October 4.—Encour- Ab & St '43. 85V. 954 954 Int Hydro Elec 6s'44.. 42% 42% 42% lied vigorously on the Curb Exchange Anchor Post Fence 3 t 2*4 214 2% (12c) 1 1* 1* 1* NEW YORK, 34s Producers Britain, to protect the dollar from raids AbltiblP&P 58-53... 234 234 234 Int Paper 6s'65. 83 32% 33 with at a brisker pace Arcturus Radio T.. 1 114 14 14 Royalty 1 * * * the revival of speculation for today, trading Prudential Jnv abroad. Says the Institute: the Government will engage In In- aged by 57V4 61 4 Int C A 6 s Ark Nat 1 1* 1*4 pf 6 600 63* 63* 68* bond market to- Alleghany 5s'44. Ry % ’47. ... 46% 46% 46% than in yesterday’s irregular session. Gas. 1*4 "At the time, the dollar Is flation and that the dollar will ulti- the rise in stocks, the 50 14 PugSd P&L »5 pf.. 90s 16 present 5s'49... ••• 60 49 Int Tel A T cv 4 % '39. 47% 45% 47% Traders bid up cautiously Ark Nat Gas (A)..- 2 14 14 15 16* its direction and was able Alleghany prices Pure Oil unprotected In the world’s market. Any mately be revalued at 50 per cent of day changed 5s-50. 31 29 31 Int Tel A Tel Cork... 10 174 164 174 pf.80s 66* 65* 66* substantial Alleghany 4%s'52.. 41% 39 41% throughout the day and the list reached Armstrong Increased demand for its content are endeavor- to show a very good list of 36/» Pyrene Mfg. 6 foreign exchange original gold Am Forgn Pow 6s 2030 364 344 Int Tel A Tel 5s'55.... 42% 41% 42% its best levels in the last hour. Gains Asso El Ind pn l-6c 8 44 44 44 2* 2* 2* in domestic issues of the junior In the United States or any Increased ing to transfer their capital abroad. gains Chem 86 86 86 Irish Free State 5s'60. to 3 and 4 Asso Gas & Elec... 6 14 1 14 Am I G 54s-49. 107% 105% 107% ranged from fractions points R R Shares .i 1 of dollars abroad The amount of American trans- 954 Corp. tt 81 V supply Immediately capital grade. ... 954 944 99 98% Asso Gas & El 50a 814 34 84 Am Metal 548-34. Italy 7s'51. 97% in the leaders. Newmont Mining pf.. Rainbow Lum A.. 2 * to a of the dollar. ferred abroad in recent months has It was noticed that the Improvement 1 * * leads depreciation Am Smelt* Ref 5s-47 984 984 984 Italy Pub 7s'52. 86% 85% 86% starred in the metal group and Dis- Asso Gas* El (A). 3 1 4 4 was in bonds that are more sensitive to Republic Gas.. 1 ft ft ft Similarly, any unexpected demand for been estimated at between $500,000,000 Ref 6s‘37.. 105 105 105 in the stocks. Asso Rayon. 1 24 24 24 to the of Am Sugar Japanese 73 73 73 tillers-Seagrams repeal Roan Antelope..... 19 27* 26* 27* dollars abroad or any and $1,000,000,000." business reports than progress 113 1134 5%s'65..... Asso Tel Utilities.. 14 4 4 unexpected supply Am Tel* Tel 448-39. 1134 American & Traction and Co- In the States Inflation. These include a large num- Japanese 6%s '54..... 83% 83% 83% Light St of foreign exchange United c tr as "46 107 106 107 convertible Atlas Utilities_ 30 IS 12 13 Anthony Gold.6 * ft that Am Tel&Tel Jugosl Bank7s’57...« 25 25 25 lumbia Gas & Electric ft leads to a of the ber of railroad obligations recently 1034 Atlas Utilities war 64 6 St Regis rapid appreciation Am Tel&Tel deb 5s "60 104 1034 Joined the upswing of the 7 6 Paper- 12 3* 3* 8* dollar. have been definitely weak. Kan Sou preferred Salt Creek TIME DEPOSITS DECLINE Am Tel&Tel deb 5s *65 104 103** 1034 City 3s'50..., 69 58% 59 utilities in the late trading. Atlas Util pf A (3). 2 40 394 40 Consol.. 2 * * * volume of trading expanded "These wild fluctuations have an The 5 s '43 107 1064 107 Kans City Sou 5s'60.. 61 60% 60% an ad- Auto Voting Mch. 1 24 24 24 Salt Creek P (80c). 16 6 6 Am Tel&Tel 4 The market was entitled to adverse effect on business conditions somewhat with the stronger market. 954 964 Kan 4s 93 93 Axton 69 694 Segal Lock & Hrd.. AT BALTIMORE Am Wat Works 5s "34. 964 CityTerm '60.. 92% vance reasons alone, and Fish(A)3.20 60* 594 2 * * * FURTHER no evidence of ac- for technical both here and abroad. However, there was 94 94 94 KarstaJt 6s'43.. 18 117% 18 Bellanca 44 Selected Industries 6 2 2 2 Antloqula 7s’45. was aided by a budget of favorable iAlr vtc... 8 44 44 "The dollar Is and cumulation, with most of the business 55 55 Select Ind si ct 60s intrinsically strong Argentine 6s’61 M...