Evening Star Newspaper, December 9, 1934, Page 76

G2 F INANCIAL. STOCK LIST TENDS T0LOWER LEVELS Minor Declines Predominate as Advances clines . nchanged . Traders Trim Sails for Week End. What Stocks Did. Bonds Lead Sales On Exchange Here At Close of Week Bonds drew most attention in Sat- urday's session of the Washington Stock Market, Washington Railway & Electric 4s taking the lead. Six consecutive $1,000 bond sales and one $4,000 transfer were recorded at 99. Later $1,000 Anacostia & Potomac Rallroad 5s came out at 79%, a half point higher than they have previ- ously sold this year, after advancing from 49. In the stock division 32 shares of Washington Railway & Electric pre- THE SUNDAY STAR, WASHINGTO FOR WEEK ENDING SATURDAY, DECEMBER 8, 1934. »-um.-. By the Assoctated Press. ~—1034 — High. 43 111 1% 84 34% 11% T8 9% us 3% 23% 5% 164 14% 14% Stock and Low. Dividend Rate 85 Abram Strous t1.80. Sales— Add 00. High. Low. Close. Chge. 508 40 89 Abram Straus pf(7) so- 110 T 6 Adams Expre: 70% Adams Ex pf ( 16 Adams Millis (2). . 6% Addressograph.... 8% Advance Rumley... 4% Afliated Prod(80c) 91% Air Reduct'n t4%.. 1% Airway Elec Appli.. 16% Alaska Jun (11.20). 1% Alleghany Corp.... 6% Alleg Cp pf $30 ww.. 5% Alleg Cp pf $40 ww. 5 Alleg Corp pf xw. T% l8 ua 110% 111% — 1% 83% 8314 834 + 33 9 3 40 109 1% 31% 8 5% 6% 17% 1% T 6% 6% Nes 40 109 % -1 31% + 8% + 5% — % + 1% - 18 + 1% — Th + 6% + 6% + FRERFERRZIESL 28 9 28% 8tock and Low Dividend Rate. 8% Chi & Northwest pf. 3% Chi Pneumatic Tool 14% Chi Pneu Tool pf... 2 ChiRI&Pac (k)... 2 CRI&P6% pt (k) 8 CRI&PT7% pf (k) 9% Chi Yellow Cab (1), 19% Chickasha C O (2) 3% Childs Co 10% Chile Copp 29% Chrysler Corp 17% City Ice & Fuel (2). 67 CityIce&Fpf6%. % City Stores. . % City Stores ctf: 2 City Stores(A)ctfs 8% Clark Equip (80c).. 38 Clev&Pitts spec (2). Bales— uuoom WMM 6% wu - % zw. -1% 2 N, D. C, DECEMBER 9, 1934—PART FIVE. 8tock and Dividend Kate. 96% Gold Dust pf (6)... 8 Goodrich (BF) 86% Goodrich (BF) pf.. 18% Goodyear T & Rub.. 64 Goodyear 37 pf (4).. 3% Gotham Silk Hose. . 42 Gotham S Hpf (7). 270! 1% Graham-Palg 4 Granby Consol 4 Grand Union. 23 Grand Union pi . 28 Grant (WT) (1)... 12% Great Northern pf.. 8% Grt Nor Oreg(h50c) 25 Grt West Sug(2.40). Bales— Add 00. 16 llM 102 Grt West Sug Df('l). 59 3% 18 Greene Cananea.... % Guantanamo Sugar. 44% 3 114% 110% 114% +14 99 11% 10% 1% + % 49 +5% 24% — % 81% +1% 5 —1% 2 -13 2% 1 5 304 -1% 4% — % 16% + % 11% + % FINANCIAL. Stock and . Dividend Rate. 12% Mullins Mfg pf. 26% 13 Munsingwear Inc 11% 8% Murray Corp....... 14 Myer(F E)&Co 1.60 824 12% Nash Motors (1). 46 19% Nash Chat & St L, 8% 8 Nat Acme Co. 13% 6% Nat Aviltlon 12% 8% Nat Be! (k) 49% 25% Nat Blscu!! (l).... 1484 181 Nat Biscuit pf (7).. 28% 13 Nat Cash Reg A 50c 18% 13 3% 1 Nat Dept Store (k). 28% b6 NatDpStlstpf(k). 31% 16 Nat Distillers Bales— Add 00. High. s 34 5108 854 Net Low. Close. Chge. 32% 3¢ 16 160% 115% Allied Chem (6) 130 122% Allied Chem pf (7). 23% 10% Allis-Chalmers.... 20% 11% Alpha Port Cement. lBBh 134% 135 -1 129 1 16 14% 17% 1% 16% =1 6% — % 16 — % ferred sold at 100'2. Potomac Electric Power 5% per cent preferred moved at 112 and the 6 per cent preferred Total issues BY FREDERICK GARDNER, Associated Press Financial Writer. 24% Cluett-Peabody (1). 95 Cluett-Peab'y pf (7) 95% Coca-Cola (17) 32% 16% Nat En & Stpg (h1) 4 170 185 Nat Lead (5). 28 145% 122 Nat Lead pf (. s 120% 100% Nat Lead pf (B)(6). 1308 31 7% GuantanamoSug pf. 16% 5 Gulf Mobile & N. 85% 12 Gulf Mobile&N p! 112% 112% 1591 15415 169% +4% at 109%4, NEW YORK, December 8—Stock speculators trimmed sails in the week end today and the market continued & downward trend. Although hopes of further business improvement abounded in Wall Street, they were not translated into buying orders for shares. Investment demand was sustained sufficiently to hold best grade bonds around lift prices of some preferred shares. But generally there was a disposition to coast along quietly. Minor losses predominated in the share list at the finish, with such is- sues as Steel common_Chrysler, General Mo- tors, Montgomery Ward and Santa Fe off fractionally. shares, Saturday. Reports that world copper producers | would meet here in January for a dis- 740 cussion some early shares. general subject end. Anaconda, United States Smelt- ing, American Smelting and Dome Mines receded for net losses of frac- tions to about a point. Among senior shares International Printing Ink, American Smelting first, Spang Chalfant, Hahn Department Stores rose 1 to 4 points. top levels for the year and to American Can, United States ‘Turnover was 458,- a little less than last of output curtailment stirred interest in red metal Later they eased with the list. Other metals also were to profit taking at the week Hat Corp., Stores and McClellan Radio B Capital Transit stock closed the v\eek with 2633 bid and 27% asked. D. C. UNDERWRITERS ARRANGE FOR RALLY Stockdale to Speak Second Time Before Group Next Thursday. Members of the District of Colum- bia Life Underwriters’ Association will convert their December luncheon into an insurance rally, the meeting being set for next Thursday noon at the Willard. Rev. Allen A. Stock- dale, pastor of the First Congre- gational Church, will be the guest speaker, Presi- dent F. George Clendaniel an- nounced yester- day. Dr. Stockdale addressed the as- sociation last % 55% 48 2% Amal Leather...... 39 Amerada Corp (2).. 25% Am Ag Chem Del(2)x 113 Am Bank Note..... 46% Am Chicle (13%)... 22 Am Coal Alleg h3%. 2% Am Colortype 20% Am Comcl Alcohol.. 6% Am Crystal Sugar. 9 10s 2 46% Am Crystal Sug pf. 880! 1% Am Encaustic...... 4% Am European Sec. .. 4% Am & Foreign Pwr., 11 Am & For Pw pf (6) 11% Am & For Pw pf (7) 6% Am & For Pw 2d pf. 10% Am Hawaiian SS(1) 3% Am Hide & Leather. 17% Am Hide & Leath pf 26% Am Home Prod 2.40, 31 Am Ice Co. 25% Am Ice pf ( 4% Am International. ., % Am La France (k).. 3% Am La Fran pf (k). 144 Am Locomotive.... 35% Am Locomotive pf.; 12% Am Mch & Fdy (1).. 8% Am Mach & Metals,) 43% Am Mach & Met ctf. 12% Am Metals - 814 Am Power 27 3% 48% 46% 15% 48 16% 3 47 14w 44% 4T% +2% 24% 116 +2% 106% + % 148 —a4 18% + % 40 +3% 9% +1% 33 +5% 0% + % 26% + % 3% + % 33% Th + U 2% + % 2% 5 +% 4% - % 1% =1% 14 -1 % — % 131 +1% b5 + % 2434 +3 82% +1% 3% — W 2T% = 6% — % % — 4 4 -% 18% 46 3% 50% Coca-Cola (A)(3). 9% Colgate-P-P (175¢. 68% Colg-Palm-P pf (6) x 10 Collins & Aikman.. 74 Collins & A1k pf(7). 5 Colonial Beacon Oil. 3% Colo Fuel & Iron (k) 10% Colo Fuel & Ir pf(k) 18 Colorado & South... 13 Colo & Sou 1st pt. 11 Colo & Sou 2d pf 6% Col Gas & Elec 52 ColG&EIpfA ( 21% Colum Pic vte(ml) . 68 Colum Carb (13.60). 18% Comcl Credit (2)... 88 Comcl Credit(A)(3) 24 Comecl Credit(B)(2) 6 52 30s 108 17 40s 608 2808 108 28% Comcl Cred pf (1% ) 130s 91% Comcl C 1st pf(6%) 4608 86% Comcl Inv Tr(12%)x 110 91 Comcl Inv cv pf(e6) 15% Comcl Solv (60¢)... 1 Comwlth & South. . ] 372 282 21% Comwlth & S pf (6) x 39 1 5 Conde Nast Pub.... 22 Congoleum-N (12) T% Congress Cigar.... 49 ConCgprpfxwél 634 Consol Cigar. ...... 81 Consol Cigar pf(7). 45% Con Cg prpf ww 6% 1% Consol Film.... &9 4 208 19 408 120' 10% Consol Film pf (32) x 170 21% Consol Gas N Y (2) 80 Consol 1% Consol Laundries. w 7% Consol Ol (h4Z2¢). v 2% Consol R R Cuba pf. 3 Consol Textile. ...« 6% Container Corp (A). 2% Container Corp (B), 57 b56% 17% 16% mm 101 75% 6% 4% 21% 21 14% 12 % 621 38% 12 101 14 56% + % 17 - % +1% 3% — 8% 47 Gulf States Stl 1s 27 Hack WpfA (1%).. 3% Hahn Dept Stores... 26% Hahn Dpt Stores pf. 3% Hall W F Printing.. 25 Hamilton Watch pf. 180s 84 Hanna (M A) pf (7)x290s 101% 13 Harb Walker (50c). 24 17T% 1% Hat Corp (A) 24 6 19% Hat Corp pf.. 3 Havana Elec 1% Hayes Body... 74 Hazel Atlas Gl (5).. 145 101 Helme (G W) t11% 150 123% Helme (G W)pf(7).x 70s 150 148 12% 5% Hercules Mo (h30c) 2 10 87 +5 29% % 5% 13 l.’b;j + 12\( 10 81% 59 HerculesPw (13%)x 17 79% 176 125% 111 Hercules P pf (7).. 1908 126% 126 3% 102% 10% 13 430% 310 Homestake M (130). 32% 84 54 29% 5% 5T% 12% 26% 2434 Th 48% Hershey Choc (3)... 2 83 Hershey C pf (15) 4% Holland Furnace... 5% Holland & Son (50¢) 15 108 11% 11 Houd-Hersh A §2%. % Houdaille-Hersh B. 43 House Finpt (3%)., 121 Houston Oil........ 214 Houston Oil (new) 85% Howe Sound (3).... 4% Hudson Manhattan, 9 Hudson&Manhat pt. 6% Hudson Motor Car 1% Hupp Motors. _— 88% €6 50 4% 30% 3% 13% Illinots Central. 48% 11l CentlsInl(4)..u 22 lllinois Central pf. 2% Indian Refining. 19% Indus Rayon (1.68). 49% Ingersoll-Rand(t4) x 54 12 9% ZDK 50 16% 3 48% 5% 11% 72 & -k 8 102% 101% 102% +l% 8% 8 - 3 10 + 4% 8380 870 3880 +6% 31% +2 %+ % 50 -2 17 +1 3 + 4 séx +2% % 1% +2 12 =% % 17% = % 60 +3 26 +1 2% 28% +2% 65% + % 16% 6% Nat Pwr & Lt (80c). §9h Nat Ry Mex 1st pf., 58% 21% 10 Nat Supply Co. 88% Nat Supply pf. 9 Nat Tea (60c).. 614 Neisner Brothers... 92 Newberry(JJ)pf(7) 5% Newport Industries 11% N Y Alr Brake. 18% New York Central. 9 NYChicago&StL. 43% 16 NYC&StLpf.... 189 108 N Y & Harlem (5).. 1% Investors (k).. N H & Hartford NH&HDI.... Ontario & West Shipbldg (40c). 72 N Y Shipbldg pf(7). 73 NY Steam pf (6).. 7 ¥ x ¥ 5 4 83 1 1408 1008 80% Noranda Mines (h2)x 82 181 161 Norfolk & W (110). 82 Norf& West pf (4). 2% North Am Aviation. 10% North Amer (1)... 84 North Am Co pf (3) 47% North Am Ed pf (6) 14% Northern Pacific. .. 83 Northwest Tel (3). 1% Norwalk Tire&Rub. 80 NorwalkT&R pf3 —— 18% 8% Ohio Oll (h45c).... 7 2 Oliver Farm Equip. 27% 9 Oliver FEqprpfA. 6% 3% Omnibus Corp..... 70 Omnibus pf (A)(8). 5% Oppenheim Collins. 9% 13% Otis Elevator (60c). 5 2308 248 .x 304 14 8 261 40s 2 108 110 110 63 19 4 47 V44441 sFeFes % 107 107 107 + % 45 44 MY - % 34 2% 33U+ % 4% A% A%+ % 16% 1% 15% +1% M 24 M+ W 6% 5% 6% 4% A% + % 80% 82% + % 23 1601 154 1600 35 44 6% 6% 6% + W 59 29% 28% 28% + % 18 40% 38 394 + % 22137, 135% 187 46k 2% 2% 28% 128% 2% 1% sold !n new high ground for the year, but finished only fractionally higher. International Business Machines was marked up to a new peak at 160%, a gain of 11, on a transfer of 100 shares, Steel shares slipped moderately in the face of additional optimistic fore- casts of the industry’s future and evi- dence that some large units were pre- paring for more business. Allied Chemical yielded for a 2- point loss and Johns Manville, Ameri- can Car & Foundry preferred, Best, Liggett & Myers B and Worthington Pump were off a point or more. The Standard Statistics Co. aver- age for 90 stocks dropped from four- tenths of a point to 74.7, the third consecutive day of small decline, 116% 105 Ingersoll Rpf (6).. 10s 49% 34% Inland Steel (h50c). €% 2% Inspiration Copper. ‘gh 2% Insur-Sh et Md(10c) w 92 OtisElev pf (6).... 3% Otis Steel. . 9 Otis Steel p 82% Outlet Co (12%)... 100s 60 Owens-Ill Glass (4) 48 208 40 3 & lfl%AmT’&LlSpf‘l% x 83 11% AmP&L $6 pf (1%)x 9 10 Am Radiator.. 385 18% Am Rolling Mills. 247 86 Am Safety Razor(4)x 11 2% Am Seating.... % Am Ship & Com. 17% Am Shipbldg (2) 80% Am Smelt & Ref. Spring during the celebration of “Financial Independence Week,” his inspiring address at that time being well remembered. He possesses an un- usually intimate knowledge of the in- surance business and has addressed many underwriters’ conventions, in- cluding the last national gathering in Chicago. President Clendaniel will outline the plans for the coming Sales Congress, which will be held in this city on January 15. This congress has be- come an annual affair and is held in conjunction with the Baltimore asso- ciation. Nationally known insurance men will be the speakers. Thursday’s meeting will also mark the beginning of the association’s an- nual membership campaign, which will be conducted this year under the A A Bleckat: 5% Contl Baking (A). 9 % — % 7 Contl Baking (B). 1 + W :&4 goml Baking pf (4). 3 44% —1% ontl Can (2.40) 61% —1% N s Ha] | 6% Interboro RpTr (k). - 2% Intercontl Rubbes 5:: % 28% Contl Insur (1.20) 35% i ux. 4 Interlake Iro; 20 1% c S % 2 100 —1w| oot (2 IntAsriculture 2 = % Int Agriculture pf.« 3 e A L e 40% Corn Ex Bk & Tr(3) 6908 45" -34| 1604 131 Int Bus Mach (p‘;).. A Am SmERaeN D s 8414 553 Corn Prod Ref (3).. 171 66% —1% | "1214 4% Int-Carrlers Ltd 200 0 ok A St o 18 e e el B ) 148 37% 18% Int Cement (h25c).. A = 2o 6% — %| 467 23% Int Harvester (60c 127% 106 Am Snuft pf (6).... 3408 127 1264 121 85 28 Creamof Wheat(2), ] TS 110“ Ity o :m’; 26% 10% Am Steel Foundry.. 46 17% 16% 16% — %| 3174 8 Crosley Radio. 14 +1 9% 2% Int Hydro Elec (A). e T O R i T D e 24% =2%| 6 2% Int Merch Marine. . M4 ST AmStores (123%).0 4 44 &4 44+ | 44 353 Crown C&S pE(2.10) i S gt ey o el A s i 4 TR W s oy 824+16%| 130 118% Int Nick Can pt (7). 129% 108% Am Sug pt (7).....x 5 129% 126 126 8 e e eSS IE T et ek S 24 13% Am Sum Tob (t1%). 51 234k 21% 224 + & 17 Crucible Steel.. 23+ Y% 3% 1% Int Paper & Pw (B) 125% 100% Am Tel & Tel (9)... 176 111 107% 109 +1% 44 Crucible Steel pf PR RS T 85% 6514 Am Tobacco (5) 23 84 81 8l =34 - %] e sA o D o O 67 Am TobaccoB (5).. 119 86% 83% 83% —3u 8%+ K| 2o18 S Int EriatinkRbvo.s 130 107% Am Tobaccopf (6).x 1130 130 130 %24 465 - % sh e Prin:xnk ;(cfi.. o 3 AmTypeFdrs (k).. 2 4% 4% 4% - 9 nt Print Ink pf (6) . 1908 T% Am Type Fdrs pf(k) 8208 14% 13% 134 — & 8 =14 7 2 IntRysofCentAm 70s 12% Am Water Wks (1), 88 15% 13% 13% —1% Reas | 2 epcmoscmtdmpt 54 AmWatWist(6).x 6 63 +1% 2 chairmanship of J. E. McCombs, 94 47 21 IntSalt (13%). 7 Am Woolen........ 86 ) 50% -1% = = 8%+ % 38 IntShoe (2). DA“(:&ISC-{)?VIFI\:XERLQI(-)R(IERY B h AnwE B G R T GENE S 4 1 Am Writ Paper (k). - 69 +4% 59 Int S.Uver L (4). 2% Am Writ Pap pf (k) 3 4% 18% + 3 17% 7% Int Tel & Tel.. By the Assoclated Press. 3% Am Zinc & Lead. ... % 16% NEW YORK, December 8~Wall 3% Interstate Dept Strs. 36 Am Zinc & Lead pf. 8Th% + 4 EA“ Street turned an ear toward Chicago 2?. Int Dept Scp! an 5% Intertype Corp. “9% Anmcondn Wize:s: T i 24% Island Crk Coal on a report from there that Charles 13% Anchor Cap (606 s 183 = 3 90 Island Creek pf (6). G. Dawes, banker and former Vice 84 Anchor Cappf(6%) 400s 106 +1 President of the United States, would speak next Wednesday before the Chi- 26% Archer-Dan (113 38% +1% 110 Archer-Dan pf ( 17 +1 7 101% +3% cago Association of Commerce on 5l — &% “The Coming Great Recovery in Durable Goods and the End of the Depression.” (S - P 1% Pacific Coast...... 3% Pacific Coast 1st... 2 Pacific Coast 2d.... 12% PacificG& E (1%). 20% Pacific Lighting (3) 19 Pacific Mills (h50c) 208 508 08 56 21 6 85% 170% Pacific Tel & Tel (6) 5008 116 103 Pacific T& T pf (6). 150s 9% 6% Pac W'n Oil (h40c). &9 6% 2% Packard Motor...., 598 2% % Panhandle Prod&R. L 21% 7 PanhandleP&Rpf 20s 6% 1% Par-Publix ctfs(k). 356% 17 Park & Tilford..... 6% 2% Park Utah...... 2 14 Parmelee Tr;nsporl 4% % Pathe Exchange. . 24% 10% Pathe Exchnnze(A) 21% 10% Patino Mines...... 1% Peerless Motor. 44% Pennick & Ford (3). 61% Penney (J C) 14.40, 2% Penn Dixie Cement. 12% Penn-Dixie C pf(A) 20% Penn RR (hl)..... 21 Peoples Drug § (13) 86 Peo Drug S pf (6%) 19% Peoples Gas Chi 2 Peoria & Eastern 12 Pere Marquette. 13% Pere Marquette pf., 18 Pere Marquet pr pf. 9% Pet Milk (1)....... 8% Petrol Corp (hile), 13% Phelps Dodge(h75¢c) 152 243 Phila Co $6 pf (3).. 8 2 Phila Rap Tran (k). 290s 4% Phila Rap Tr pf (k) 3 84 Phila& Read C&I.. 170 o FEyE & U= 834 Cuban-Am Sugar... ‘s: 20% Cuban-Am Sugar pf 87 Cudahy Pkg (2%).. 13% Curtis-Publishing 4315 Curtis Pub pf (36) 234 Curtiss Wright.... 5% Curtiss Wright (A) 643 Cushmans pf (8)... 11 Cutler Hammer. Market Averages By the Associated Press STOCKS Yesterday. Previous d Week w80 . Month 2g0... FEFESTE TEF F22 6 Davega Strs (h20c). 10% Deere & Co. . 10% Deere & Co p: ) 35 Delaware & Hudson 14 Del Lack & West. 4% Den& RG Wpf... €33 Detroit Edison ( 29 Devoe & R (A)(12). 99 Devoe & R 1st pf(7) 21 Diamond Mateh (1). 28% Diamond M pf (1%) 82 Dome Mines (13%). 11% Dominion Strs(1.20) 143 Douglas Afrcraft. .. 8 +% 244 +1% 18 4% + % 19 - x% 4% — 5 70%—0\ +1 17% 41 18% 4% 708 51% 115 lll 115 25% +1% 34 42 87% + % 12 -1% 32 3214 110 106 105 106 + % 5714 33 Jewel Tea (13%)... €6% 39 Johns-Manville 121 101 Johns-Manv pf (7). 77 45 Jones&Laugh 7%pf 19% 6% Kans City Southern. 27% 11% Kans City South pt. 10% 6 KaufmannDeptS40c 57% 66% 554 121 59% 57 -y 5214 621 —2% 119 120 +1 54 B58% +4 1 20 8608 664 —33% 6% 6% = % 33 374 4% Artloom Corp. I T4 Asso Dry Goods. . €5 Mr. Dawes was reported recently to have consulted the steel charts and found portents of a strong upturn in that industry, which supplies basic materials for durable goods manu- facturers. 46 Asso Dry G 1st pf... 36 AssoDryG2dpf... 294 Associated Oil (h1). 45% Atch To& S F (h2). 7034 Atch To&S F pf (5). 241 Atlantic Coast Line. 8% Dresser Mfg A hll}} b6 Dresser Mfg (B)..oe % Duluth S S & At] 3 Dunhill Internat! 13% Duplan Silk (1). 28% 16% % % 4% 17 23% 16% —1% % - % % - % 5% +1 18 +1% 13% Kayser(J)&Co h50c. 1% Kelly Spring Tire.. 5 Kelly Sp Tire 6% pf 2% Kelsey-Hayes (B) 11% Kelvinator (170¢)..x 66% Kendall pf (16.92).. 2 2308 113% Philip Morris (1)... 7 Phillips-Jones Corp 48 Phillips-Jones pt 7. 13% Phillips Petrol (1). 43% Phoenix Hosiery 50 Phoenix H pf (313). 1 308 98 2 108 20 o & . & & a0 7 &! & ESREE totniod L o) Low mgn (1932), Low (1932) (1926 average equals 100.) (Oopyright, 1934, Std. Statistics Co.) 80 Dupontde N (13%). 127%4 115 Du Pont deb (6).... 6 107 80 Duguesne Lt 1st (5) 1508 30 17% Durham Hos pf(j2). 10s ——— 12% 4% Eastern Roll Mills 14 116% 79 EastmanK (t4%).x 29 147 120 Eastman Kod pf(6) x 40s 22% 12% Eaton Mfg (1).. 64 19% 6 Eitington-Schild 8 31% 15 Electric Auto Lite. 242 110 80 Elec Auto Lite pf 7. 510s 8 Electric Boat....., 4% El&Mus Ind(hi%e). 2% Elec Pwr & Light. . 6 Elec Pwr&Lt $6 pf. 3 6% Elec Pwr&Lt $7pf. 26 84 Elec Stor Bat (2%).x 40 % Elk Horn Coal (k).. 5 1 Elk Horn Coal pf (k) 63 46 Endicott-John (3).. 128 120 Endicott-Jobn pf(7) 8% 24 Engineers Pub Sve. 23% 10% Eng Pub Sve $5 pf.. 24% 11 Eng P S $5.50 pf ww 25% 13 Eng Pub Svc $6 pf.. 10% 5 EquitOffice Bld.... 64% 50 Erie & Pitts (313) _24% 9% ErleRR.... 28% 14% Erie R R 1st p: 37 9 ErieRR2dpf. . 106 7 Eureka Vac C1(80¢). 3 1 Long Bell Lum (A). 9 Evans Auto Prod... 3 3 Exchange Buffet... 334 Loose-Wiles (2).... T e IZBVa 119% Loose-Wiles pf (7). 2% 1 FairbanksCo.. 22% 16% Lorillard P (12.20). 483 223% 21% 22% + % 8% Fairbanks Co pf. 126 102 Lorillard (P) pt (7) 1080- 126 120 126 454 7 Fairbanks-Morse. 3% 1 Louisiana Oil. 1 1 1 80 Fairbanks-Mrs pf 23% T4 Louisiana Oil pt. 21 13 Louisv G&E(A)1%. 9615 9814 41 126% 126% — % 104" 104% + % 23 23 179 + % 4% + 3% 27 43 4% 21% 13 +2 64% + 3% 29% + % % Plerce-Arrow (k). 35 Plerce Ofl. . 4% Pierce Oil pf. 2 % Pierce Petroleum 7 184 Pillsbury Flour1.60. 24 70% Pirelli Co(A) (h43) 734 Pittsburgh Coal 29 Pitts Coalpf......s 4% Pitts Screw & Bolt. 25% Pitts United C pf.. 8% Pitts Term Coal pf. 14 Pitts United Corp... 11% Pitts & West V. 1% Pittston Co. . 8 Plymouth Oil g 6 Poor &Co (B). 1 Port Ric Am Tob B. 10% Postal Tel & Ca pf.. 128 1% Pressed Stl Car (k). 14 5% Pressed St1Cpf (k) 1 334 Proc & Gamb $1.70. 72 117 102% Proc & Gam pf (5). 260s 26 PubServNJ (2.80), 76 67 Pub Serv N J pf (5). - 32 © As Wall Street realizes, an impor- tant recovery in durable goods in- dustries would necessitate new financ- ing on a substantial scale. 5 AtlGulf& W Ind.. 7% Atl Gulf & W Ind pf 21% Atlantic Ref (1) 35% Atlas Powder (2).. 83 Atlas Powder pf (6) 110- 5% Atlas Tack. .- 1614 Auburn Auto. B 7 Austin Nichols... 89% Austin Nich pf A(5) 3% Aviation Corp Del.. 16 Kennecott (h45¢c).. x 484 3 Kinney (G R) Co 1 18% Kinney (G R) pf 2% Kresge Dept Store 13% Kresge (SS) (1). 113 101 Kresge (S S)pt(7 65% 36 Kress (S H)(f1) 83% 3% Kroger Gr&Bk 1.4 214 7 T% 1113 112 1413% 143 444 17% 4% 26% % 108 4% 6% 25% 14% 59 @ & 58 . 1208 208 20 LacledeGasStL 30 Laclede Gas pf 22% Lambert Co (3). 6 Lane Bryant.. 7 Lee Rub&Tire(40c). 11 Leh Port Cement... 2% Lehigh Valley Coal. 5 Lehigh Val Coal pf. 9% Lehigh Valley R R. 64% Lehman Corp (2.40) 11% Lehn & Fink (13%).. 2214 Lib O-Ford G1(1.20) 17% Life Saver (1.60)... 110 73 Ligg & Myers (15).. 111% 74% Ligg & Myers B(t5) 15215129 Ligg & Myers pf (7) 26% 16 Lily Tulip Cup(1%) 15% Lima Locomotive.. 11% Link Belt (40¢). 16% Liquid Carb (1% ) . 20% Loew's Inc (1).. 72 Loew's Inc pf (6%). 1% LoftInc....ccuveee 21 -2 34 +1 29% +1% 104 = 4% 11% H% % 12Vg + U 10% — 3% 1% +1% 17 +1% 29% +14% 22% + % 108 +1 105% 105% -2% 895 1T+ 01 631 60 31% 14% 143 20 13 164 21% 8 284 43% 24 4% Baldwin Loco. 16% Baldwin Loco p: 13% Baltimore & Ohio. 16 Baltimore & Ohio p! 86% Bamberger pf (61) 1908 35% Bang & Arros (2%) 4 95% Bang & Arros pf (7) 130s 2% Barker Brothers... 3 161 Barker Brothers pf. 510s 5% Barnsdall Corp. 83 23 Bayuk Cigar (g1). 89 Bayuk Cig 1st pf(7) 160s 10% Beatrice Creamery., 31 55 Beatrice Crpf (7).. 1 58 Beech-Nut P (13%) 9 T6% T6% 8% Belding-Hem(h50c) 24 123% 124 951 Belg Nat pt pf(7.02) 5 111% 1104 9% Bendix Aviation 17% 16% 12% Beneficial Loan 1%. 15 26 Best&Co (1%3). 87 24% Bethlehem Steel 80% 54% Beth Stl pf (j1%). 66% 19% Bigelow-San (h1). 24 6 Blaw Knox w. 17 Bloomingdale (40c). 21 88 Bloomingdale pt (7) 213- ws xom 105;‘ + ;g w\& i 95 5% 20 lflh 1027% IODh 100\6 -2y 40% 40 40% + 3% llg'fl 110 110% + % - By the Assoclated Press. Brokers' loans Holdings United States securities Gold reserve. Rediscounts Bank clearings. Electric output (kw. h.) week ending December 1 (Final three ciphers omitted in above.) Car loadings, week ending Dec. 1.. Crude oil production (barrels).. Stock sales (N. Y. Stock Exchange). Bond sales (N. Y. Stock Exchange). New financing..... Federal Reserve ratio. Steel output rate, Call money rate.... ‘Time money rate. Commercial paper aGold certificates. WASHINGTON STOCK EXCHANGE YEAR 1934 This week. $639,000 2,430,204 5,111,620a 10.466 4,511,624 Prev. week. $576,000 2,430,169 5,087,272a 11,872 4,176,754 Year ago. $723,000 2,431,057 8,572,851 115,561 4,207,350 1,553,744 499,596 2,195,050 8,263,011 $67,968,000 70 47 +1 00+ 1,683,590 1,705,413 488,118 22 107 2,372,700 6,232,453 $72,965,000 5,114,000 70.8% 28.8% 1% %-1% 561,313 2,369,100 4,861,000 $54,271,000 18,230,000 107% 106% 18% 17% 9814 9815 ¥ J p: 90 Pub ServG&E pt(5). 86% Pullman Inc (3).... 6% Pure Oll. 49 Pure Oil pf. 8% Purity Bake 36% 19% 35% 21% 19% 20% + % 1% 17% 17T% - % 26% 28% 26 +1% 36% 36% 36% — % 105 104 104% — % 1% 1% 24 1% 1% - % 36% 35 35 - % 126 126 126 +1 l?l 38 1% 43 Radio Corporation. 23% Radio Corp pf (A).. 16 Radio Corp pf (B).. 1% Radio-Keith-Or (k) 7% R R Sec 111 Central, 1434 Raybestos-Man 1). 854 Reading (2)..... B 88% Reading 1st pf (2) 28 Blumenthal pf 104% = : 6% Boeing Aeroplane. 4 Fed Lt & Trac. Sales. $84,000 5,000 7.500 183,500 10,000 8,000 48,000 9,500 61,200 91,500 24,200 £19.000 4,000 1,000 23% 383 1,101 66 25 1,971 15 14 69 2 Amer. Sec. & Tr. 7 Peoples Drug Stores pfd. 7 Real Est. Mtg. & Guar. ptd. 25 Woodward & Lothrop com (Reported by W. B. Hibbs & Co., Hibbs Bullding, Washington, D. C.) TRANSACTIONS ON THE WASHINGTON STOCK EXCHANGE UP TO AND INCLUDING FRIDAY, DECEMBER 7, 1934. PUBLIC UTILITIES. Ana. & Pot. Riv. R. R. st 5, Ana. & Pot. Riv. R. R. guar. C. & P. Tel. of Va. 1st 5s, 1043 Capita! Traction 1st 5s, 1047 City & Sub. Ry. 1st 5s. 1048 Georgetown Gas Light 1st 5 Pot. Elec. Power cons. 5s, 1 Pot. El Pow. gen. & ref. 6s Wash. Gas Light ref. 5s, Wash. Gas Light 1st 55, 1960 Wash. Gas Light 6s, 1936, series B, Wash. Rwy. & Elec. cons. 4s, 1951. MISCELLANEOUS Columbia Country Club 1st 52s, 1950 Wash. Market Cold Stg. 1st 5s, 1938. BONDS. 1049... Approx, yield. 7.30% 4.95 3.95 6.00 7.40 4.55 2.85 5.20 5.05 5.56 4.40 4.05 Low. 49 941 103% 62 64 103% 1023 107 80 103% 101 83 Close 79 100% 107% 90 78 108% 105% 100"z 99% 100% 103 091 Open. High. 79 2 1001 107% 91% 78 106% 106 110 100% 110 103% s 99%a 4 101 92 100% 92 101 92 STOCKS. PUBLIC UTILITIES Par Value .§100 e 100 . 100 100 20 100 100 Capital Transit ... N. & W. Steamboat Pot. Elec. Power pfd. Pot. Elec. Power pfd. Wash. Gas Light . Wash. Ry & Elec. com Wash. Ry. & Eisc. pfd. NATIONAL BANKS. Liberty . Lincoln Riggs com. Riges pref. Washington TRUST COMPANIES. 100 100 100 100 100 . 100 100 100 Natl. Sav. & Tr Wash. Loan & SAVINGS BANKS. Bank of Bethesda..oseaves FIRE INSURANCE. National Union ... TITLE INSURANCE. Columbia [ MISCELLANEOUS. Lanston Monotype Mergenthaler Linotyp 25 veseeses B . 100 None 100 10 25 50 None 10 Wondward & Lothrop pfd... 100 Security Storage Term. Ref. & Whsng. Curp. . The Carpel Corp. Div, Rete $1.00 264 77 1097% 12 62 315 100% 14 76 108% 1052 45% 300 83% 6.00 5.50 3.60 700 500 7% 165 205 105 100 3.00 75 5.00 8.00 5.00 6.00 198 100 181 8.00 25 25 9 9 5 4% 45 48% 44 25 35 21% 1068'% 111%2 1063 1 2% 1 00 90 90 31 31 31 11% 11% 9% 26 26 26 106 110 106 600 3.00 100 150 7.00 109 125 10% 9% 14% 5 % “ 5% 1% 6% 15% 19% 3% 6 16% 3% 4% 32%, 44% Bohn Alumn& Br(3) 76 Bon Ami (A) (15) 19% Borden Co (1.60) 163 Borg Warner(11%) 5% Boston & Maine. ... 7 Botany Mines A (k) 12 Briggs Mfg (11%).. 14 Briggs&Strat 11.20. 26 Bristol-Myers 12.40 28Y% Bklyn-Man T (h75¢) 82% Bklyn-Man T pf (6) 314 Bklyn & Queens. . 32% BkIn&Queens pf(4). 50 Bklyn Union Gas(5) 45 Brown Shoe (3). 118% Brown Shoe pf (7).. 4 Brunswick-Balk 814 Bucyrus-Erie. 6 Bucyrus-Erie cv pf. 50 Bucyrus-Erie pf (2) 3 Budd (EG) Mfg... 6 445 11 11 288 11 19 3 11 6 108 8 13 11 80s 158 16 Budd (EG) Mfg nz.xug; 2 Budd Wheel 57% Bullard Co 27% Bulova Watc 4 Burns Bros pt 10% Burr Add M (nt65¢) % Bush Terminal (k). 2%, Bush Term deb (k). 5% Bush Tr Bldg pf ct. 1% Butte Copper & Zine 1% Butterick Co 13% Byers (A M) — 4% 1% 6% 15% 29% 18% California Pkg(1%) % Callahan Zinc. . 2% Calumet & Hecla. 6 Campbell-Wyant... 12% Canada Dry G A (1) 10% Canadian Pacific... 28% Cannon Mills (2). 5% Capital Admin (A 26% Cap Admin pf A (3) 3, Case (JI)Co...... 66% Case (J 1) pf (4)... 23 Caterpillar Tr t1%. 1% Cellneeécwp 1% Celotex Co (k) 1 Celotex vt (K). 6 Celotex Zo pf (k)... 18% Cent Aguire (1%).. 53 CentralRRofNJ. 5% Century Rio Mills.. 2% Il20l 17% 11% 82 Century RibMpf(7) 1208 10’ 80% Cerro de Pasco (2). 3% Certain-teed Prod.. 17% Certain-teed pf. 5% Checker Cab Mfg. 372 22 20| 89% Ches & Ohio (2.80). x 198 84 Ches-Corp (2%)... 1% Chi & Eastn Ill (k).. 1% Chi & E 111 pf (K)... 1% Chi Great Western.. 2% Chi Mil St P & Pac.. 8% Chi Mil St P &P pf.. 4% Chi & Northwestern 121 1 T 84 58“ 90% 24% 7 1% 39% 68% =14 92 24% - % 28% % % - % lfl + % 25 +1 22 + 4% 34 + 3 42% +2% 9% + W 41% +2% 5% 30 +2% 7 -2 4% — % 4% +5 1% + % gkf% U-% 2% % - % W= % 19% 4% 20 11% 84% Fed Lt&Trac pf( 52 Fed Mines & Smelt. 62 Fed Mines &S pf 2% Fed Motor Truck 2 Fed Screw Works. .. 1 Fed Water Sve (A). 20 Fed'd D Stores (1) 23% Fid Ph F In (1.20).. 23 Filene's Sons 11.20. 13% Firestone (40c) . 71 Firestonepf A(6 54% First Nat Strs(2%). 15 Florsheim Shoe (A) 2 Follansbee Bros (k) 10% Food Machinery 814 Foster-Wheeler. 65 Foster-Wheeler pf. 6% Foundation Co..... 17% Fourth N Inv(h85c) 81 Fox Film (A). 20 Franklin Simon 21% Freeport-Texas (1) 6 Fuller Co2dpf..... 1% Gabriel Co (A) 8% Gamewell Co. . 5% Gen Am Investors. . 1 $808 29 43% 80 GenAm Trans(1%)x 39 28% 14% 12 Gen Asphalt....... 6% Gen Baking (hé5¢). 108% 100 Gen Baking pf (8) 4% Gen Cable (A) 14% Gen Cable pt 27 Gen Clgar (17) 97 Gen Cigar pt (7) 16% Gen Electric (60c). 11% Gen Elec Spe (60c) .. 28 Gen Foods (1.80)... % Gen Gas & El (A) . 6% Gen G&E 6 %cv pf. ‘11 GenG&ET7%DprA. 13 Gen G&E 8% pf(A) 50 Gen Ital Ed (h3.39). 51 Gen Mills (3)...... 24% Gen Motors (11%) 89% Gen Motors pf (5).. 8% Gen Outdoors Adv.. 8% Gen Outdoors AdvA ZD 2608 83 ld 12 3 16% T4 104% 1 05 [ b% 56% 119% 20 12% 8414 % 13 4% lEV- squ 108‘6 lflfli 31 9% 10% Gen Print Ink (11). 1190s 22 73% Gen Prtg Ink pf ¢6) 2 Gen Public Service. 10s 9 28% Gen Ry Signal (1)..x 14 1 Gen Realty & Util.. 10 Gen Realty&Util pf. 10% Gen Refractories. 10 Gen Refrac ctfs. 17% Gen Stl Casting pf. ‘Big Gillett Saf Raz (1). 47 Gfllette Saf R pf(5). 2% Gimbel Bros. . 16% Gimbel Bros pf. 16% Glidden Co (11.30).. 83 Glidden Co pr pf (7) 3% Gobel (Adolf)...... 16 Gold Dust (1.20) 49 20 9 92 308 127 26 22 16 125 2208 178 2'4 29% 1% 14% 18 16% 25% 18% 17% 57% +lh 119% — 3% 20% — % lO'lli ¥ !t 8\( -% 20% +1% 80 -4 2% + % 621 19% 97 —_— 40% 23% Mathieson Alk( 8% 135 110 Mathieson Apufl. 2208 131 138% 134 +2% 5 45% 8%, 29 29% 44% 15% Motor Products. 164% 15% 87% Louisv & Nash (h3) 8% Ludlum Steel...... 60 Ludlum Stlpf (6%) 30 MacAnd & F (12.35) 24 McCall Corp (2).... 1% McCrory Strs A (k) 1% McCrory Strs B (k). 5% McCrory Strs pf (k) 4 McGraw Hill Pub.. 381 MeclIntyre Porcu (2) 79 McKeesport T P (4) 4% McKesson & Rob... 11% McKesson & Rob p 1 McLellan Stores (k) 9% McLellan Strs pf (k) 22 Mack Truck (1).... 35% Macy (R H)& Co(2) 2% Madison Sq Garden. 15% Magma Cop (h13). 1% Mallison & Co. 7% Mallison & Co p: 1 Manati Sugar (k)... 1% Manati Sugar pf (k) 20 Man Elev gtd (k).. 10% Man Elevmg (K).. 10% Manhat Shirt (60c). 4% Marancha Corp.... 5% Marine Midld (40c). 4% Market St Ry pr pf. 17 Marlin-Rockwell(2) 80 May Dept Str (1.60) 4% Maytag Co.... 9 Maytag xw (31%).. 10 Maytag pf ww jli. 49 Maytag 1stpf (6).. 26 Melville Shoe (2). 3% Mengel Co. 24 Mengel Co D! 20% Mesta Mch (1%) n 21 M-G-M Pic pf(1.89). 3 Miami Copper...... 9% Mid-Cont Pet (h50c) 614 Midland Steel Prod. 44 Mid St1P 1stpf (4). 86 Minn-Hon Reg (13). 1% Minn Moline Pow. . 15% Minn Moline Pow pf % Minn &St L (K).... 1% MStP&SSMpf.. 1% MStP&SSMlsln 4% Mo Kan & Texas... 18% Mo Kan & Texas pf. 2 Mo Pacific (k).. 3 Mo Pacific pf (k)... 12% Mohawk C M (h25c) 14 39 Monsanto C (1% ). 4080s 59% 20 Montgomery Ward. 778 30% 87 Morrell(J)&Co 3.60, 10 61% % Mother Lode....... 54 27% 10% 9% 58 19 1408 9 6% Motor Wheel. . 5% Mullins Mfg.. "% % li\(-v % 2° 410 B8 =% 80 39% +2% 5% + % 81 23% +2 2Th - % % 11% — % 1% - % 34 9% % 8% 6 : l 1152% 1624 162% + % 5 19% 19 19% 83 k| % 6% 8 5% 7 % ; 1 5 5 Real Silk Hoslery.. 85 Real Silk Hos pf... 1% Reis (Robert). : 5% Reis (Robert)1st pt 6 Remington-Rand. 82% Remington-R 1st pt 67 30 RemRand2dpf.... 126 114 Rensselaer &S (8). 2 Reo Motor Car. 10% Republic Steel. 3314 Republic Steel pf 5 Revere Copper. . 11% Revere Copper (A). 46 Revere Cop & Br pf. 15% Reynolds Metals(1) 6% Reynolds Sp (40c).. 89% Reynolds Tob B (3). 5% Ritter Dental...... 20% Roan Antelope Ltd. 29% Royal D(h1.35 3-10) 88y Safeway Stores (3). 843 Safeway Strs pf (6) 98% Safeway Strs pf (7) 3808 1708 15% St Joseph L (h30c).x 91 1% St L San Fran (k).. 1% St L San F pf (k).. 5% Savage Arms.... 174 Schenley Distiilers. 3 Schulte Retail Strs. 15 Schulte Re Strs pf. 41 Scott Paper ($1.95). % Seaboard Alr L (k). 1 Seaboard A L pf (k) 20% Seab’d Of1(Del) (11) 214 Seagrave Corp..... 81 Sears Roebuck. . 1% Second Nat Invest. . 82 Sec NatInvpf (j2). 4% Servel Inc. 6% Sharon Stee! 4 Sharp & Dohme 6% Shattuck(F G)(24c) 19 Shell Transp't h75c. 6 Shell Union Oil.... 67 Shell Union Oil pf.. 8 Silver King C M 40c 8% Simmons Co....... 7% Simms Pet (h55c).. Skeily Oil... 12% Socony-Vac (60 101% 86 SolvAmptwwbi. 1!1 115 SoPoRicSugpf(8)x «0s 133 129 133 22 10% South Cal Ed (1%). 14% Southern Pacific... 11% Southern Railway., 14 Southern Rwy pf 5 Spalding (A G).... 30% Spalding (AG)1st p: 66 30 Spang-Chalfantpf. 13 2% Sparks-Withington 7% 3 Spear&Co.... SGVI 414 13 T4 2 13 5 236 30 £90s 110s 1501 15 % 14 5 107% 106% 107 21 So Por Rico Sug (2) x 157 23% 21 34 360 218 497 108 (Continued on Page !:) » 23% 124 18% 16% 20% 7 FEFFFEVEL S