Evening Star Newspaper, November 27, 1934, Page 18

A—I8 ¥¥% FINANCIAL, BROKERAGE RIS ARRANGE MERGER Garrett and Maj. Heath Will Be Partners in Harriman & Keech. BY EDWARD (. STONE. Harriman & Co. and the F. B. Keech interests in Clark, Childs & Keech, two widely known New York Stock Exchange brokerage firms, have announced com- pletion of consoli- dation plans, the new organizition to be xnown as Harriman & Keech. The con- solication be - comes effective on January 1. George A. Gar- rett. who has been a resident partner in the firm of Clark, Childs & Keech, which has maintained an gy cffice here at Seventeenth and H streets northwest, becomes a partner in the new firm, and Maj. Ferry K. Heath. resident par in Harriman & Co., which also has an office in Washington, will be a partner in Harriman & hmh As noted in ye Star, the Clark, Childs interests in the firm of Clark, Childs & Kcech have consoli- dated with Shields & Co and wiil op- erate in the future under the name of Shields & Co. T no office in Wa Offices to Be Combined. Harriman & Co. will be representea here in the future by both Mr. G: rett and Mr. Heath. The present of- fices will, of course. be combined, the Jocation to be decided in a few da Partners in Clark. Childs & K who will become affi d with Harri- man & Keech, ie in addiion to Mr. Garre! 1k B. Keech, Gil- b W. Keech, William M. Erb, Lucius P. Ord- way, jr., George Russhon and Austin F. 2 Frank A. Weis- mann and W. Channing Bur- bank, associated h the prese of Clark ds & Keech, and former part- Garrett. firm of Childs will be in the new firm. Ha member of the New Y change, will become a spec Partners in the | Harriman & Co. W partners in the new o include Henry W. B ton, Oliver Brennan, Willia Heath and Campbell We Among Oldest in City. With mz- exception of W. B. Clark, & Co, Ferry K. Heath. o part (“fite in Was! other brokerage its office he : Chipman. Ma). Heath, dent partner, was in giant building pr ward by the Governm Hoover administration Government s N‘!‘YH"!X f nance. The Keech inte the brokerage bu years. Mr. Garrett ner with Keech, for 14 yea has hr(‘n a pa 1 their affili as been an a The con- two Wall| usually large amount of b perience. In addition to the Wast fice, the new firm branch offices in the Biltmore Hotels in New They will consol in Providence. R. L, Harriman offices in and Wilmington, Del New Bank to Open Friday. Announcement was made toda; the new H street branch office of Bank of Comm opened for business next Frida the opening day ol opened at 8:30 am. and remain open until 8 pm. After that the hours will be the same as those of other banks. After January 2 the bank's hours will be governed by the Wash- ington Clearing Hcuse Association’s new regulations respecting hours, 8:30 am. to 2 pm., except on Government pay days and Saturdays The building is the one formerly occupied by the North Capitol Sav- ings Bank. Extensive alterations and improvements of e exterior and in- terior have taken Swetnam, recently cashier of the bank, will be ma: Opening of a branch bank at location will bc of considerable inter- est to the employes of the Gove: Printing Office and City located in the imm well as to the bus residents of this sect The Bank of Commerce & Savings was organized in 1907 and several of the original directors still remain members of the board. Dividends on the stock of bank were c¢ menced in 1912 and an unbroken divi- dend record has been maintained since that date. The o e the two offices and conti Paterson, cers and directors follows: M. D. Rosenberg, Joseph Sanders, vice president Owings, vice president: John M. Rior- don. executive vice preside J. Groom, vice pr Oliver B. Exline. ‘Will R. Swetnam, Joseph H. Milans, secr . and Dr. Clarence A. Weaver, auditor. Tho otHer directors Thomas N. Beav- ers, William L. , J. E. Colliflower E. T. Chewning, -R. L. Elliott, A. S Gatley, Harry E. Maver, J. F. Mat Vernon G. Owen and Frark Owing: are as Transit Company’s Net Soars. Net earnings of the Capital Transit Co. in October totaled $90.238, accord- ing to the monthly financial statement filed today with the Public Utilities Commission. This compared with net earnings of over $55.000 in September. Total net earnings for the year have now passed the $919.000 mark. For the first 11 months since the street car line consolidation went into effect on December 1, 1933, the transit company has earned $3.83 per share on the stock. On the Washington Stock Exchange today, Capital Transit stock was in good demand, five 10-share lots and { seven shares seiling at 28':, off 1, from yesterday, when one sale took place at 29. It closed 28 bid and 29 asked. Mergenthaler Linotype sold at 35 to- day, against the last previous sale at 2613, the sharp advance being due to the annual report. Peoples Drug pre- ferred moved at 111':, Potomac Power 51, per cent at 112 and Railway & Electric at 100%. 7, THE EVENING STAR, WASHINGTON, D. C., TUESDAY, NOVEMBER 27, 1934, FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Evening Star. Previous — 1934 — High. 117% 84 347 T 28% 44y 13, 65 157 29's Stocks and Low. Dividend Rate. 6 Adams lsxpress. 70% Adams Ex pf (5) 16 Adams Millis (2). 6% Addressograph. 3 Adv Rumley.. 47 Affiliated Prod(eoc) 913 Air Reduct'n t4%.. 1% Airway Elec Appl.. 16% Alaska Jun (11.20). 1'% Alleghany Corp. 57x Alleg-Cp pf $30 w 5 Alleg Corp pf XW. 115% Allied Chem (6). 10% Allis-Chaimers. 1i Amal Leather. Amerada Corp (2).. s Am Ag ChemDel(2) 11's Am Bank Note. - 40 Am Bank Nte pf(3) 191: Am Brake Shoe 80c. 46 Am Brake Sh pf (7) 9014 Am Can (4). 12 Am Car & Foundsy. 4614 Am Chicle (1313) ... 20% Am Comel Alconol, €13 Am Crystal Sugar 461; Am Crystal Sug p! 1'5 Am Encaustic. . 41; Am & Foreizn Pwr. 11 Am & For Pw pf(6). 11% Am & For Pw pf(7). 6ix Am & For Pw 2d pf. 3. Am Hide & Leather 173, Am Hide & Leath vt 26's Am Home Prod 2.40 3% Am Ice Co... 4% Am Internationa!.. % Am La France (k) 5% Am La Fran pf (k). Am Locomotive. ... Am Locomotive pf.. Meh & Fdy (1). Mach & Metals. Mach & Met ctf. Metals Metals pf. Power & Light. 10% Am P&L $5 pf(1%). 11's Am P& $6 nf(1%). 10 Am Radiator. .. 2153 Am Rolling Mills. . Am Safety Raz (4).. s Am Seating... *« Am Shipbldg (2) '« Am Sm & Ref. 1% Am S 487 Am 10's Am Steel Foundry 5975 Am Stl Fdry pf (2)., Am Stores (12%).. A3y L Sugar pf (1)... Sum Tob(11%) e Tel & Tel (9). Am Tobacco (5). Tobacco B (5).. 107'¢ Am Tobacco pt (6). 7% Am Type Fou pt (k) 123 Am Water Wks (1). 7 Am Woolen. 36 Am Wool pf(h2%). 1 Am Writ Paper (k). 27 Am Writ Pap pf(k). 3% Am Zinc & Lead. 10 Anaconda Coppe: ' Anaconda Wire. 'x Anchor Cap (60¢). 6, Archer-Dan (t113). 76'¢ Armour Del pf (7).. + Armour of Illino 46% Armour, 11 pr pf( 3 Arnold Constable. . 7l Asso Dry Good 5 Asso Dry G 451, Atch To& S 70'L At To& S Fe pt (5). 4'. Atlantic Coast Line 1': Atlantic Ref (1).... + Atlas Powder (2).. $3 Atlas Powder pf(6) 16': Auburn Auto 3% Aviation Corp Del. . 41, Baldwin Loco. 16', Baldwin Loco pt 131, Baltimore & Ohto. . 16 Baltimore & Ohio of 3ang & Arros(2l). & Aros pf(7). Bigelow-San (hi). Blaw Kno: i Boeing Aerop Boan Alun: Bon Ami (A) (15).. Borcen Co (1.60). B r ! Boston & Brizzs Mfg (t1%) Bricgs& Bri Eklyn-Man T(h75¢) Bklyn-Man Tr ,.(6) Bklyn Union Gas 5 Brown Brunsu Bucyrus-Erie...... Bucyrus-Erie-cv pf. Budd (EG) Mfg Budd (E G) of. . Budd Wheel.... "% Buliard Co... 7« Bulova Watch urr Add M(n765c). Bush Term deb (k). 1z Butte Cop & Zire 1% Butterick Co. 18% California Pkg 1% .. 13 Callahan Zinc. .. 2% Calumet & Hecla. 6 Campbell-Wyant 12% Canada Dry G A (1) 107 Canadian Pacific. ... 13 Cannon Mills (2) Car Clin & O sta(5). Case (J 1) Co b A Case (J 1) ot (4).. Caterpillar Tr 1112 17% Celanese Corp. .. 1 Celotex vte (k) . 614 Celotex Co pt (k). 20 Cent Aguire (134).. : Century Rib Mills., 301 Cerro de Pasco (2). 4 Certaln-teed Prod. 17'. Certain-teed pt. . 392 Ches & On10 12.80) 34 ChesCorp (23%).... 4 ChiGreat Westn pf, 213 Chi M1l St P & Pac.. < Chi M{l St P& P pf. 41: Chi & Northwestern 814 Chi & Northwest pf. 28, Chi Pneumatic Tool 14! Chi-Pneu Tool pf... 2 ChiR & Pac (K).. 2 C RI&Pac 7% of (k) s Chickasha CO (2).. Childs Co.. « Chrysler Corp t1%. 174 City lce & Fuel (2). 67 City Ice & F pf(6%) 13 City Stores. . 214 City Stores (A 25 Cluett-Peabody (1). Peab’y of (7) 681, Colg-Palm-P ot (6) 10 Collins & Aikman. . 5 Colonial Beacon Ofl 18 Colorado & South. . 11 Colo&South'n 2d pf. 674 Col Gas & Elec. 52 ColG&ElIptA l‘). 2114 Colum Pic vte (m1). 58 Columb Carben 3.40 18% Comel Credit (1).. . 2313 Comel Cred pf(1%) 91 Come'1 C 1st pf 6%, 35% Comc’l Inv Tr 1215 15% Comel Solv (60c) 1 Comwith & South. 2115 Comwith & S pf (6). 22 Ce¢ngoleum-N (12). 45' ConCg pr of ww 6% 1% Consol Film. .. P 10% Consol Film pf(j2) . 21 Consol Gas N Y (2). 80 Consol Gas t (6).. 714 Consol Ol (h42¢) '3 Consol Textile. 614 Container Corp A 2% Container Corp B... 5% Contl Baking (A).. “» Contl Baking (B).. 46'4 Contl Baking of (4) 56% Cont Can (2.40). ... 6 Contl Diamond Fib. 23% Contl Insur (1.20).. % Contl Motori 15% Contl O, D:l(lsflc). 5) 2 2:30 pm. Sales— Ada 00 wao e co® e P4+ l+4+0 00+ + L4010+ PRk Lad+ 44401010 P44 a+4400 | R o B I o B e +1+010 Previous Stocks and Low Dividend Rate. 40's Corn ExBk&Tr (3).. 10s 551 Corn Prod Ref (3).. 3 3% Coty ln 12 28 Cream o!’ Wheat(3)' 7 8 Crosley Radlo. . 18% Crown Cork & S (1) 17 Crucible Steel. ..... 44 Crucible Steel pf. 1 CubaCo...... 314 Cuban-Am-Sugar. .. 87 Cudahy Pack (23). 1014 Deere & Co. 10% Deere&Co pf (48¢) . 35 Lelaware & Hudson 14 Del Lack & West. 4% Denver & R G W of. 6312 Detroft Edison (4).. 29 Devoe&Ray(A) 12.. 21 Diamond Mateh(1). 28% Dilamnd Mch pf 1%. 2 Dome Mines (13%). 13 Dominfon Strs 1.20. 100 Duplan Silk pf (8).. ¥0 Dupontde N (13%).x 115 DuPont deb (§).... 90 Duquesne Lt 18t (5) 103% 127 107 128 116% 147 4% Eastern Roll Mills.. 79 Kastman Kodak (4) 120 Eastman-Kod pf(6) 21 Eaton Mfg (1)... 5 Elec Auto Lite 80 Elec Auto Litepfi. 3 Electric Boat. 4% El&Mus Ind(h19¢) .. LTn kilec PWE & LT. ... 6 Elec Pwr&Lt $6 pf.. 6% Elec PwrLt $7 nf.. 34 Elcc Storage B 2% .. 1 Elk Horn Coal pt (k) 120 Endicott-Jhn of (1) Engineers Pub Sve. 5 Equit Ofce Bldg... 9% Erie R R 14°s Erfe RR 1st 9 Erie RR2dpf.. 7 Eureka Vac Cl (50¢) 9 Evans Auto Proa. 12'3 3% Fairbanks Co pf 18 7 Fairbanks-Mors 4 Fed Lt & Trac 274 Fed Motor Truck. .. 1 Fed Water Sve (A). 23% Fid Ph F In (1.20) .a 18!x Kirestone (40¢). ..o 71 Firestonept A (6).. 54' First Nat-Strs(2%) Florsheim Shoe (A) 2 Follansbee Bros (k) 10'; Food Machinery.... 6l Foundation Co. 17': Fourth N Inv(h85¢c) £1¢ Fox Film (A). .. 20 Franklin Simom Of 21'; Freeport-Texas (2) 14 FullerCoprpf..... 5 Fuller Co2d of..... Gen Am Trans ‘1).. 6'> Gen Baking (h65a) ., Gen Bronze. ... Gen Cable. . Gen Clgar (11). 167x Gen Electric (60¢). . 11% Gen Elec spc (60c).. 28 Gen Foods (1.80)... * Gen Gas & El (A).. 64 Gen G&E 6% cv pfa 1 Gen Mills (3). 4. Gen Motors (113). 9% Gen Motors pf (5). Gen Print Ink t70c. 3'2 Gen Prtg Ink pf (6) Gen Public Service. : Gen Ry Signal (1).. 10's Gen Refractories 10 Gen Refrac ctfs £14 Glilette Sat Raz(1). 47 Glllette Saf R pf(5 2% Gimbel Bros. .. 16!« Gimbel Bros pf.. »’» Glidden Co (11.15).. 83 Glidden pr f (7)... 3% Gobel (Adolf) 16 Gold Dust (i.20)... 96’2 Gold Dust pf (6)... 5 Goodrich (BF).... joodrich (B F) of.. 813 Goodyear T & Rub.. 61 Goodyear 37 pf (4). « Gotham Silk Hose.. 49', Gotham S H pf (7). 1'; Graham-Paige. .. 4 Granby Consol. 4 Grand Unton... Grand Union of (3) Granite City Stl (1) * Grant (WT) (1)... 121 Great Northern pf.. 813 Grt North Ore h50c 25 (Great West Sug 2.40 Great \V Sug pf (7). Guif Mobile & = 12 Gulf Mobile & N pf. Hack W DI A (1% Hann Dept Stores. 25'« Hahn Dpt Strs pf... 11, Hall W F Printing.. 38 Hamilton Watch. . 25 Hamiltor Wateh pf. *4 Hanna (M A) ot (7) 13 Harb Walker (R50e) 1'; Hat Corp (A). 19% Hat Corp ot 74 Hazel Atla: 101 Helme (G W) s : Helme(GW) pf (7). Hercules Powder(3) Hercules Pw pf(7).. 3 48’y Hershey Choc (3) &5 Hershey Chpt (15). 4% Holl 53 Holl: nd&SnnuOc). 3014 310 Homestake M(728). 2 11 Houd-Hersh A j2%. % Houdaille-Hersh B, House Fin pf(3%). 10s 6Us 6% Hudson Motor Car.. 1% Hupp Motors. ..... 13% 11linots Central I11 Centra pt. . 48% I11 Cent Isd Iines(4) 19% Indus Rayon (1.63). 491; Ingersoll-Rand (2). 3414 Inland Steel (h50¢) .. 23 Insur Sh ct Md 10c. 514 Interboro Rp Tr(k) 214 Intercontl Rubber.. 4 Interlake Iron...... 2 Int Agriculture. ... 15 Int Agriculture pf.. 131 Int-Bus Mach (6).. 1y 415 Int-Carriers Litd 20c 18% [nt Cement........ 467 231 Int Harvester 60c. . 9% 2% Int Hydro Elec (A). 291 21 Int Nick Can (60c).. 130 116% Int Nick Can pf (7). 614 Int Paper & Pw (A) 24, Int Paper & Pw (C). Int Paper & Pw of ... Int Print Ink(h25¢c) Int Print Ink of (6) 73 Int Rys Cnt Am pf. 21 IntSalt 1%).... 38 Int Shoe (2).. 59 Int Silver pf (4) Int Tel & Teleg. Interstate Dept St.. 215 Int Dept S pf (37) ... 24% Island Crk Coal(2). 90 Island Creek of (6). 100 33 Jewel Tea (1332). 29 Johns-Manville. 45 Jones&Lauch 7% pf 130s KanCP&L1st pf(6). 80s 11% Kans City South pt. 2 Kaufmnn Dep S 400 4 18% Kayser(J)&Co hs0c 11 1% Kellv Spring Tir 2% Kelsey-Hayes (B) 11% Kelvinator (60¢c), 651 Kendall pf (46.92) .. 16 Kennecott C(60¢).., 10 Kimberly-Clark. 13% Kresge (S 8) (80¢c) 36 Kress (S H) (f1) 23% Kroger Gr&Bak 1 224 Lambert Co (3).... 7 Lee Rub&Tire(40e) 17 73% Leh Port Cmtp£ 3% 10s Lehigh Val Coal pf. 10 9' Lehigh Valley R R. 15 641 Lehman Corp (2.40) 221 Lib O-Ford G1 1.2 174 Life Saver (1.60). 73 Ligg & Myers (15) T4l Ligg & Myers B 16 11% Link Belt (40c). 16'% Liquid Carb (11%). 20% Loew’s Ine (1). . 72 Loew’s Inc pf (6%). 1% Loft 10C.vessessmes 2:30 p.m. Sales— Add 00, High. 481, esu. .’!4’/- 13% 274 103% ™% 115 142 18 2614 P44 #0140+ + S Previous 2: 30 n m. ~ 1934 — High. Low. 3 1 Storks and Dividend Rate. Long Bell Lum (A) 4 44% 334 Loose-Wiles (3)... 3 12815 119% Loose-Wiles pf (7). 1908 19% 15% Lorillard (P) 1.20.. 22 120 102 Lorillard(P) pf (7). 50s 21 13 Louisv G&E(A)1%. 2 6214 37% Louisv & Nash(h3). 5 19% 8% Ludlum Steel 3 30 MacAnd & F(12.35). 1% McCrory Strs A (k). 1 1% McCrory Strs B(k).. 2 51 McCrory Strs pf (k) 3815 McIntyre Porcu (2) 79 McKeesport T P (4) 4% McKesson & Rob. .. 117 McKesson & Rob pf 1 McLellan Stores(k) 914 McLellan Strs pf (k) 22 Mack Truck (1).... 354 Macy (RH) & Co(2) 2% Madison Sa Garden. 1'; Mallison & Co. 75, Mallison & Co pf... 280s 20 Man El gtd (k) 100s 10% Man Elevm g (k).. 3 4 Marancha Corp..... 3 5's Marine Midld(40e). 22 t. Market Street Ry.. 8% Marshall Field. 4 Martin Parry.. 23'% Mathieson Alk(1%) 30 May Dept S (1.60)., 414 Mavytag Co...... 10 Maytag pf ww j1%4. 26 Melville Shoe (2) 3‘5 Mengel Co. Mengel Co pf. Mesta Machine (3). Miami Copper . . . 9% Mid-Cont Pet h50e 6'3 Midland Steel Prod. 44 Mid St1 P 1st pf (4). 36 Minn-Hon Reg(13).. 1% Minn Moline Pow. . 15'y Minn Moline Pwr pf 4% Mo Kan & Texas. ... 13% Mo Kan & Texas pf. 2 Mo Pacific(k)...... Mo Pacific pf (k) Monsante C (11%).. Montzomery Ward. Morrell(J)&Co 3.60. Mother Lod 15'4 Motor Products. 6% Motor Wheel. 124 Mullins Mfg pf 2% Murray Corp. 14 Myer(FE)&C 8214 12% 46 13% 54 : 12% 3¢ Nat Bellas H pf (k) 49 at Biscult (2)..,. at Biscuit pf ( Nat Cash Reg A b Nat Dairy Prod 1.20 Nat Dept Store (k). 10 Nat Dp St 1st pf(k) 120« Nat Distillers Nat Lead (5). sh Motors (1) Nat Supply pf. eisner Brothers. . ewberry (J J) (1) Newport Industries N Y Afr Brake N Y Central. .. Y Chicago & St L Y Chi & St L pf.. Y & Harlem (6).. Y Investors (k).. Y N H & Hartrd.. YNH&HDf.... 408 R DL (T) 40s ot 08) bs Noranda Mines (h2) 11 Nort & West pf (4) 140s 2% North Am Aviation 5 10% Nor .- 120 54 North Amer pf 2 47': North Am Ed nfl(i 14'3 Northern Pacific. .. Northwast Tel (3). 1% Norwalk Tire & Rut 812 Ohio Oil (h45e) 2 Oliver Farm Equip. Oliver F Eaprpf A. « Omnibus Corn . Omnibus pf A(8) < Oppenheim Collins. Otis Elevator (6t¢) 123, Pacific G & £ (14). 20% Pacific Lighting(3) 20 Pacific Mills (R50c) 1 Pacific Teld& Pacific T & T of (6) 23 Packard Motor. . 1% Par-Publix etfs(k). 2'3 Park Urah. .. 1; Pathe Exchanze. 101, Pathe Exchange A. 1.1, Patino Mines. 11 P 1 S11 Penney JC (13.20). 27% Penn Dixie Cement. Z0'% Penn RR (h1) 21 Teoples Drug S (13) 86 Peop Drus pt (614) 15 ceoplen (Gan Chi . 111s Pere Marquette pf.. 18 Pere Marquet pr of. £14 Petral Corn h50c). 131 Phelps Dodge hT5e. . « Phila & Read C & 1. 11 Philip Morris (1).. 7 Phillips-Jones Corp 13% Phillips Pet (1).... 41z Phoenix Hosiery... 3, Dierce-Arrow (k) ‘; Plerce U1l .. *a Plerce Petroleum. 1815 Pillsbury Flour 1 0 413 Pitts Screw & Bolt. 4 Pitts Steel pt... 24 Port Ktie Am Tob As 1 Port Ric Am Tob B. 10'4 Postal i'e1 & Ca pf. . 1% Pre: Sti Car (k). Car ot (k) nb (11.70) wm, Proc « Gamb pt (5) 26 PubSve NJ (2.80), 67 PubSve NJ pf (5). 79 Pub Sve NJ of (6). 90 Pub Sve G&E pf(5) 5% Pullman Inc (3).... 6% Pure Oll. . 49 Pure Oil pf. 19% »% Purity Bakert 94 4': Rad10COrp. .. ....0 49'% 234 Radio Corp pt (A).. 863 15 RadioCorp pf (B).. 25 41 114 Radio-Keith-Or(k). 11 72 R R Sec 111 Central.. 40s 141, Raybestos-Man (1) 4 31, Reading 1st pt (2). 29'% Reading 2d pt (2).. 5 Real Silk Hoslery.. 35 Real Silk Hosry pf. 1% Reis (Robert)... 6 Reminzton-Rand 30, Rem Rand 2d of 33'2 Republic Steel nf 15! Reynolds \lelulsll) 614 Reynolds Sp (10c). 4 2ia_57 Reynolds Tob @).. 10s 51 39% Reynolds Tob B (3). 40 33% 207 Roan Antelope Ltd. 1 39% 30 Royal Dh1.25 3-10¢ 3 57 38Y% Safeway Stores (3) 108 84% Safeway Strs of (6) Add 00. Hllll Low. Close. Chl' 4 48 108 104 Pr"lolll HlllL l.a'. 2% 2% - % 361 36% 123% 124+ % 19% 19% + % 119% 119% 14% 44 15% Schulte 23% Sou I'o 27 Sparks- 19 Spiegel- 100 Sun Oil 1 400 Sweets Bin L4411+ + Stocks ana Dividend Rate, 9814 Satfeway Stra ot (1) 308 110 10 134 St Louis San Fr(k). 13 St L San Fr pt (k).. 5'% Savage Arms. . % Seaboard Air L (k), 20% Seab’d Of1(Del) t1 2!3 Seagrave Corp. 31 Sears Roebuck. 4% Servel Ine.... 5% Sharon Steel Hox 4 Sharp & Dohm 6% Shattuek(FG) (24c 6 Snell Unfon O1. .., 57 Shell Union Ofl pf. ., 8 Silver Kinz CM 40c. 814 Simmons Co...... T% Simms Pet (hbbc) 6 Skelly Of1. 1214 Socony-Vac (606 86 Solv Am pfwwb%. 10% South Cal Ed (1%).. 1474 Southern Pacific 11'4 Southern Railway. 14 Southern Rwy pf. 31'3 So Ry M & O cfs(4). 30'4 Spalding(AG)1st pt 30 Spang-Chalfant pf.. 15% Spencer Kellog 1.60 5% Sperry Corp. . tewart-Warner Stone & Webster 1'» Studebaker (k). 10 Studebaker pf (k) 51'% Sun Oil (31) 4% Superior Steel. ; Add 00. High. Low. Close. &l‘ 109% 109% + 15! 16 1% h L(h3%¢).. Ret Strs pf. FEE FEEE & 5 ¥ Rico Sug(2) FRPFEFIIF ¥ F o & Withington 5 4+t B >SF 174% Stand Bran 1211, Stand Brands pf (1) 3 Stand Com Tobacco 5 Stand Gas & Elec. . 5% Stand Gas & Elec pt 16 Stand G&E pf (2.10) Stand Invest Corp. . stand Ofl of Cal (1) 961, Stand Oil Exp pt(5) Stand Ofl of Ind(1). 9% Stand Ol NJ(11%). 6 Starrett (L 8) 1% FEE LN B R R T | FEETES of (6). Coof Am. 1:: Symington (A) 7's Telautograph (1), lennessee Corp. 19%, Texas Corp (1). 40 Tex Gulf Sulph (2 13'; Texas & Pac R R. 2% Tex Pac Coal & Of ¥ Thatche Mfg(h2ic) 39 Thatcher Mf pf 3.60 4 The Fair..... 50 The Fair pt (J3%).. 31/)\ 2's Thermoid Co. . 3 10 Thompson Products 11 1% Thompson Starrett. 8 Tide Water Asso. 6413 Tide W 30 Tide W A 02(36 at O (h11,) &0 Tide Wat Qi pt lbi 37 limken-Detroft. 24 Timken B (113). 54 Transamerica nZsc. i Tri-Contl Corp. . 33 Trico Prod (2%) 1\ Truax-Traer Coll.. * Truscon Steel. .... Twin City R T pf. 457w Un Carbide & C 1.40 15% Un Otl of Calif (1). Y0 Union Pacific (6)... 71% Union Pacific pf (4) 15% Un &x Unit Aircraft 3l Unit Air Line; 21t Unit Biscuit «1 60). Unit C; rank Car (1.20) b (2.40) « UnitCorp. ..... “4's UnitCorp ot (3) « Unit Drug. Unit Dy ewood. Unit Elec Coat, Unit Fruit ). “nit Gas Im pf ( Unit Piece Dye W K- 1:; U S Distributing. sImp(12 +1+0 00 4 U S Distributing pt ‘e US Express 6 US& Forn Secur. . 11 US Freight (1). S Gypsum (11%) U S Gypsum pf 17). $2 US Indus Alcol + U S Leather. 15 US Plpe & F (50¢c). 16's U S P&F 1st pf 1.20. '« B4 U A 115 bl g 4 US Realty & Imp.. 11 U S Rubber., 24'x U S Rubber 1st pf. "~ US Smelt& R (h9). n & pf(33g) 214 United Stor ). 40'% Univ Leat Tob (13). 3 “s Univ Pi 24 44 UnivPi O 13, Util Pw. pe & Rad... pe & R pf. T & Lt (A).. et e e 1% 14 4y Vanadium Corp. 54's VanRaxsltelst nf(7) 24% Vick Chem (12.40).. 1ix Va-Car Chemical 4% Warner 5l Warren 1:'; Warren 5212 Wesson 45 West P; 6 Weston Pl b L1+ 414 FF 11: UD AM. 2% Wabash pf (A) (k). 1% Wavash pf B (k) 4 Waidorf System. 17'; Waigreen Co (m1) 84'2 Walgreen pt (6% ).. 2t Walworth Co. . 1'4 Ward Baking (B). 24 Ward Baking pt (2) 15% Wesson O &Sa(11). 44'; West Pa Elec A (7). 51% West Penn El pf(7) 78% West PennPw pf(§) Tia Western Md. .. 2% Western Pacific. ... 4% Western Pacific pf.. » 2 S e S 3~ JOP. JOTP - Bros Pie Bros. . F &P (h1). 3 » O&S pf (4). o S Elec pf (6) o 3 &% 15°x Westingh’, 27'» Westinghouse Elec. 82 Westinghse 1st 3. Elec Inst. . 25 Wheel & Lake E pf. 111y Wheeling Steel 15 White Motor. . 115 White Sew Mch, 4% Wilson & Co. .. 124 Wilson & Co (A) 53 Wilsom & Co pf(j7). 414 Woolworth (2.40).. 1313 Worthington Pmp. 3112 Worth Pump pf A.. 23° Worth Pump pt B.. Wright Aero....... 5413 Wrigley(W Jr)t3% —_—— 14 Yale&Towne(60c).. 2% Yellow Truek. 28 Yellow Truck pf. 2 13 YoungSp&W(t1%). 12% Youngatown S & 1 34 Y'gsUnS&TpfA5%. Sales of Stocks on New York Exchange. 190 — 1 4 0,000 610,000 12:00 Noon. 2:00 P.M. - 480,000 - 740,000 Dividend rates as given in the above table are the annuai cash ents based on the iatest quarterly or haif-y it Of trading less than 100 shares a Paid | e Payable in cash or stock, tPlu K o n Paic s |0% in stock | stock |stock g Plus 4% in 104 | m Pius 5% in stock. 3ividendS pajd this veas rly deelars- VPII’H! extra. iPlus b Pa: n A5l year—no regular rat stocl cc e Cdrompanies reported tn receivership. DOLLAR DECLINES ON LONDON MART Closes at 4.98 15-16 to Pound, or 1, Cent Lower Than Yes- terday's Level. By the Associated Prees. LONDON, November 27. — The United States dollar depreciated i cent to the pound today, closing at 49815-16 to the pound as compared with yesterday's close of 4.9811-16. The opening was at 4.987%. The French franc closed at 75.70 as compared with the overnight rate of 75.68. The price of bar gold declined 2 pence to 139 shillings, 4 pence ($34.75) a fine ounce and an amount valued at £237,000 ($1,182,333.75) was pur- chased. PARIS, November 27 (#).—Three per cent rentes, 76 francs; 4's per cent rentes, 90.50. Exchange on London, 75.73. dollar was quoted at 15.16%;. B R SR Southern Bell Telephone & Tele- graph Co—October net operating in- come $905.978 vs. $728,537; in 10 The months net operating income was $8,- 111,131 vs. $8,107,931. K LARGER NET REPORTED BY NORFOLK & WESTERN By the Associated Press. ROANOKE, Va., November 27.—The Norfolk & Western Railway Co. today reported a net income for October of $1,933,814, & gain of $474.487 over the preceding month. For the 10-month period of this year, however, net income totaling $16.692,517 is $1913,561 less than for the corresponding months last year, although the revenues for the period exceeded the 1933 figure by $2.937,869. This is accounted for by a gain in operating expenses of $4,869,677 this year over last. A . : sistant. | cotton and most | Consolidated Gas. STOCKS IRREGULAR LATE IN' SESSION Profit Taking in Utility and Industrial Issues Halts Upturn. BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, November 27.—Profit taking in utilities and parts of the in- dustrial list halted the advance in most stocks today. Some of the rails, metals and specialties, however, worked moderately higher. The late tone was irregular. U. S. Steel, Con- solidated Gas, American Telephone and American Can were down about a point each, while Santa Fe, Du Pont and Dome showed small net gains. Homestake Mining gained 15 points. Trading was quieter on the reac- tion, transfers approximating 950,000 shares. The utilities, which yesterday per- formed with some of their old-time vigor, bore the brunt of selling in the early hours. Although they were un- able to come back to any great extent, they turned extremely quiet. Indus- trials also were under pressure. Scat- tered specialties breasted the cur- rent and the rails were noticeably re- News of an especially stim- ulating character was scarce. Grains were somewhat improved. but other commoditie did virtually nothing. Bonds wer fairly firm. Foreign exchanges held to a restricted range Shares of Homestake Mining got uj 10 points on a single transfer. In national Business Machines advances more than a point to a new year's top Union Pacific firmed a point an+ Santa Fe, New York Central, St ern Pacific and Northern Pacific we | about unchanged to slightly highe: Losers of fractions to more than a point included American Telephon¢ Western Unicn Public Service of New Jersey, Ameri- can Can, American Tobacco “B. Universal Leaf Tobacco. Gener:l Motors, Chrysler, United States Stecl ! National Biscuit, United States Smelt- ing, International Harvester, Case and Goodyear. The rails appeared to be heartened | by expectations that the next Con- gress will do something to put them on their feet. At the same time cur- rent net operating inccmes of most of the lines showed little betterment Some of the New York utilities were depressed by reported plans of the city to impose a 3 per cent tax on gross earnings of these corporations. SCOTT PAPER ORDERS EXTRA OF 25 CENTS By the Associated Press. NEW YORK. November 27.—Di- {rectors of the Scott Paper Co. have declared an extra dividend of 25 cents and the regular quarterly dividend of 42'; cents on the common stock, pavable December 31 to stock of rec- ord December 17. 'NEW YORK BANK STOCKS YORK,_ November P —New Dealers ciation NEW York ‘q otations as of 2 o'clock.) d ) . 16 ing extras FEDERAL LAND BANKS Internationall y’ Famous for Nearly a Century (Since 1858) 1107 Connecticut Avenue Financial Advice Without Obligation 5% s Home Loan & Savings Ass’n. 1505 K St. N.W. Under Supervision S. Treasury Dept. First pierteage Lo Competent Rush 5. NAt'1 30065 DIRECTORY COMMODITY BROKERS COTTON ember N, Y. Cotton Exc idlaw & Briasse . ° GRAIN Yembers Chicaso Board of, Trade Harriman & Co.. Laidiaw & Co RUBBER—HIDES METALS—SILK Members Commodity Exchange. Inc lerlnun & Co. NA idlaw & Co. Westheimer & Co.