Evening Star Newspaper, December 17, 1934, Page 20

A—-20 TONEIS IMPROVED ON CURB MARKET Demand for Leading Utility and Specialty Shares Is Broadened. ¥k BY G. A. PHILLIPS, Associated Press Financial Writer, NEW YORK, December 17.—A broadened demand for leading utili- ties and specialties ve the Curb market a steady tone ay. Trading was moderately active and advances of fractions to & point or more were well distributed throughout the list. American Gas advanced nearly a full point after some hesitancy at the start and Electric Bond & Share im- proved around !, in a heavy turn- over. Montgomery Ward “A” and Celanese first preferred each advanced around 3 points and gains of 1 to 2 were shown by Sherwin-Williams, Pepperell and Bunker Hill & Sullivan. The two Swift issues, Wright Hargreaves and Hiram Walker gained minor fractions. Lake Shore and Newmont Mining were lower and Aluminum lost a point after making slight progress in early dealings. BUDD HOLDERS TO GET STOCK INCREASE PLAN Special Dispatch to The Star. PHILADELPHIA, December 17.— Directors of the Edward G. Budd Manufacturing Co. have authorized officers of the company to request the approval of the stock holders to the issuance of 500,000 additional shares of common stock, increasing the au- Stock Sales— Dividend mu Add 00. High. Acetol Prod (A).. 5 3% Aero Supply (B).. 2% Ainsworth (k1%). Alr Investors Inc. r Inv Inc war... 1 Alllod Mills Inc... 7 12% ‘Alum'n Co of Am, 200s 49 Aluminum Ltd. 1 21% Am Book Co (4)... 208 EBK Am City P&EL (A) (3)..eees 508 32 mid %‘;‘(I!GB) 15 15% Am Equities LS Am Foundet 11 % Am Founders 1st pf (D). .100s 15% Am Gas&EI(11.20) 69 20% Am Gas&E] pf(6).450s 861 Am Laundry 40c. . 1400s 15 AmLt & Trac1.20 11 9% AmPotash&Chm.. 300s l2'¢ Am Superpower 7 Am Superpwr pf.. 10 Am Superpower 1st pf (6) Ark Nat Gas (A).. Arvk Nat Gas cu pf. Armstrong C k25¢ Art Met W (t45¢). Asso Elec Indus Ltd (k10 83-5¢c.« Asso Gas&El (A). At] Coast Fisher, AtlasCorp...... 8% Atlas Corp war... Atlas Corp(A)(3). 1 l7Vi Auto Vot Mch 50c. 6 5% —_— Babcock&Wil 40c. Blue Ridge Corp.. 6 1% Blumenthal (S)... 8 4 Bower Roll B(1).. 1 16 Bridgeport Mach 14 5% Brillo Mfg(60c)... 3 6l Brit-Am Tob cou B (k94 4-5¢). 3 30% Brown Forman... 3 7% Buckeye P L (3)..100s 30% Bunker Hill & Sul 250. 29 Butler Bros. ™ — Cable Radio vte... 2 Cam Indus Alco A.. 1 Canadian Marconi. 30 Low. Close. 3% 2 758 3T% !714 THE EVENING STAR, WASHINGTON, D. C, MONDAY, DECEMBER 17, 1934 N. Y. CURB MARKET! Received by Private Wire Direct to The Evening Star. Divid 3% | Mead Johnson(t4) 2 | Middle States 20% Perol'm vte(A). Middle States P 2 1% and Sales— end Rate. Add 00. High. Low. Close. 3 60% 60% 60% 1% 1% 17% % '% li{i 481 8 211 | Midvale Co (kl). . l:fil 35 68% l(lnnupolllll 15% | Mont W A m10: 1: llounsl’rod( ). Nat Eella Hess. 19 2% 21 15 | Nat Fuel Gas (1).. 1 13% 19% | Nat Investors. 1 1% 1% 86% | Nat her, . 7 T 15 | Nat Pw&Lt nf(6). 610s 52% 50 9% | Nat Rubber Mach. 2 % 12 | Nat Service....... 1°* 1% | Nat Sugar NJ (2). 1 !‘ 12% | Nat Transit (70¢). 1 Natomas (75¢). . 53% | Nehi Corp'n. % | Nehi Corp pt. 3% | NJ Zine (2). 22% | Newmont M 2 39 N NY&HonRN% .100s 40 N Y Steam.... 1 16% b 6 |NYTelpf (6%).. 758 119% 11% lll Niag Hudson Pwr. 17 3% 8% 10 |Niag HudPBwar. 1 % % 8% | Niag Shrs(Md) B. 4 2% 2% 2% | Niles-Bem-Pond.. 1 10% 10% 471 | Northern States 5% Power (A)... 3008 10% 103 3 6% 6 4 22% 22% 22 l'lOllil 1aov.lu 3 % Northwest Eng. 871 | Novadel Agne(2). 1% 3% | Ohio Br (B) k&0c. 1258 19 18% 19 16 |Ohio Oilcu pf(6). 3008 90% 90 90! 4% | Outboard Mot(B). 15 1% % e e o 2 2% 2% 200- 20% ) Pacific Eastern, ... 30% | Pac Gas & Elec % 1st pf (1%) 3014 | Pan-Am Alr (kS 29 | Pantepee Oil 75 | Parke Davis Pennroad Corp 2 1% 1 | Pepperell Mfg (6).290s 91% 7 | Phillip Morris.... 1 2 | Phoenix Secur. % % 38% 35 !Gl M'A IMTA IM'A 2% 18% 1 % !fi % 2% 10% Y % ruelling 5009 % mile road test ~ thorized common stock to 1,600,000 shares. Georges F. Doriot of Boston was elected to membership on the board i% gflon ' GM Ltd 80c. 16 18y | Pitney Bo P(20¢c). 7 i C“’ 53 | Pitts P)nste G 1.60. 4008 Celanese pt (7). 7508 98 98 | Potrero Sugar.... to fill a vacancy. Celanese 1st pf(7) 12258 98196 = 981 | Premier Gold 12c.. i It was announced that the resigna- | Celluloid 1st pf. .. 12758 77 17 77 |FProd Royalty 2e 2(3 tion from the board of Archle M. An- | Cent States Elec.. 7 % Y% 1%|Propper McCallum 2 El Prop’ties Real vte 90s drews had been accepted. et e oS 100s 2% 21 2% | Prudential Invest 1 Centrifugal P 40c.. 1 & Pure Oil pf. . 20839 Chi R & Mk87%c. 12 14% 15 TOBACCO FUTURES. Citfes Service. 41 1% 1% | Railroad Shares.. NEW YORK. December 17 (#).—Tobacco | Cities Service pf 124 12% | Reliable s‘tore .. futures opened quiet Cities Service(B 1% 1% |ReyburnCo...... e OP55h | City Auto St k10 5% 5% | Reynolds Invest 1 1 2 n | Clev Elec Illu (2). 3 4 23% 23y | Rice Stix DG (k1) 4 1 1 Carib Syndicats Sunoco 20w Winter Qil insures: Y January. h 1. High lubrication security 2. Absolute protection to motor 3. Long lasting qualities* 2.550 | Cleveland Tractor. 3 5% 64 | Richfleld Oil Cal 85558 | C15% Aluminam. % Pf (F)...s % Cohn & Rosenbgr. 6% 6% | Rossia Intl Corp.. Columbia Gas & Royal Typewriter. Elec cv pf(5)...1258 Russeks Fifth Av. Colum O &G vtc.. 9 Compo Shoe(50c). 1 1415 Comwlth Ed (4)... 46% Comwlith&So war. b C A M Co cum pf % Cons Afrcraft. 9% Cons Copper. . 1% Cons Gas of Cwith P % Balto (3.60).. 5614 28 . 3 3, | Cons Royal(20e).. 1% fifl?'fia’}l&u’iu' Cord Corp (k25¢). 4 Corroon & Reyn... 2 2% 2% Crane. .... ..10508 10% 10% Crane Co pf. 50s 87 87 87 Creole Petrolm... 16 12 12 12 Crocker Wheeler. 11 4% T0% | ————— 1414 | St Regis Paper. ... 46% | Salt Creek P(80c). 14 | Schift (The)Co(2). 1 | Segal Lock & Hd.. 974 | Selected Indus. .. 13 | Selected Indus alot ctfs (315).. 561 | Select Ind pr(53) m Selfridge Prov S (91-100). 2 24 2y l;_ Sentry Safety Con 1 10% | Shawinigan Wat & Pw(50c). 2 Shenandoah. ..... x 1 . | Shenandoan pf. 15% 15% CHeEnt e 1 T Ty | Sherwin Will(3). 1095:905 88% 9014 | Cusi-Mexicana M. 22 1 2" |Singer Mfg t143. 10- 250 250 250 Sonotone Corp. 2z 4% 4| 50 AmG&P (k3de). 2 A T0% 5% PETT I C T TCREPNC Alabam Pw 4335 ‘Alabama Pow Alabama Pow Alabama Pow 55 508 508 16% 1 Beginning November 6th and ending November 17th, a 1934 Chevro- let was driven 5,009.6 miles by Louis Chevrolet accompanied by an authorized A. A. A. observer, at an average speed of 42 miles per hour, through 13 states, including Florida. During the 12 days not one drop was added to the original 5 quarts’of Sunoco Mercury Made 20-W Motor Oil. The oil remaining at the end of the run was in excellent condition, and there was enough left to give safe lubrication for seve eral hundred miles more. The motor was found to be in excellent shape, and bearings, pistons and rings showed less than normal wear. This proves beyond question the unusual lubricating value of Sunoeco 20-W Mercury Made Motor Oil. Darby Pet (50c). 7 Derby Oil & Ref. 2 1 Southn Calif Distillers Crp-Sea. 18 143 14| FAPIB (1%)... 1 Distillers Ltd South Penn01.20. 1 (k74 7-10¢).. 1 23 23 Southland Dow Chemical (2) 400s w| . Rovalty (200). 4 Driver Har(k25¢). e o | Stand OIl Ky 113. 1 Driver Har pt (1) sip Stand Oil (Ohlo). 300s Dubilier Conden % g::_‘;i::lg;;: La. 29 Duval Tex Sulph . 2 o | St Corp of. Stein Cosmetics Sunshine M té8c. 1% Swift & Co (50¢).. 75, | SWift Intl (2) <112 2 1108 ° 109 1097 109% ' 17% Gt Bt Pal, 3155 Cities Service Cities Service Gie srfixpfil w3 eve u Com Edis A Eagle PitcherLa. . Edison Bros k50¢.. Etsler Elec Corp Blec Bond&Share. Blec BA&S pf(5).. Elee Bd&S pf (6).. Elec Pw Asso 40c. Elec Power Asso (A) (40c). ... Elec Share pf ww. Emp Pw part(kl). Equity Corp'n.... Eureka Pipe L(4). Ex-Cell-O A%Tool o D RS ig Taggart Corp'n... 3 | Technicolor. Ine. . Teck Hughes(40c) Tex P&Lt pf (7).. Texon O&L t75¢. . Trermofd cum pf. Tob Prod Ex(10e) % | Trans Air & Tran. Tri-Conlt Cp war. Tubize Chatil Tubize Chatil (A) o S 5 Engineers agree that much oil consumption is due to leakage past pis- tons and seepage past gaskets. While you will get remarkable results from 20-W in your car, you must not expect such exceptionally low oil consumption, unless you take the same identical precautions. ¥ - Fairchild Aviat'n. Falstaff Brewery. Fanny F C t31%c. Fed Bake Shops. . Ferro Enam(t65¢) Fire Asso Phila 2. 50, Fisk Rubber...... Fisk Rub pf(6). Fla Pwr & Lt pf. . Flintkote Co (A).. Ford Motor Can (A) (k1%). Ford Mot Can (B) (k1%). 1001 Ford Mot France.. Ford Motor Ltd: Forem’st D pr pf Froedtert Gr & M cv pf (1.20). 100s Foundation(For). LOUIS CHEVROLET Mr. Louis Chevrolet, internationally known automobile engineer, co- designer and manufacturer of the first Chevrolet car, drove the whole distance, 5,009.6 miles. Unit Dry D (r)... Union Gas of Can. Unit Founders. Unit Gas Corp'n Unit Gas Cp war.. 1505 Unit Lt&Pwr(A).. 5508 a14 | Unit Lt&Pwr pf.. € 15% Unit Shoe M t4% . 2508 A U S Elec Pwr ww. 1 - U S Finishing (r). 1 U S Foll (B)(60c). U S & Intl Secur..; US & Internat’l Secur 1st pf ww US Linespft...... Unit Stores vte. ., Unit Verde Ex 40c Unit Wall Paper. . Utah Apex. Utility & Ind Utility & Indus pf. Utilities Pwr&Lt. til P&L(B) ¢ —— Waitt & Bond(A). Walker (E).. W Va Coal&Cok o The value of Sunoco 20-W as an aid to easy starting at zero has already - N He says:— “Garage men and dealers judge an oil mostly on account of thickness, regardless of quality. This test has proven to me that an oil does not have to be thick to be good for lubrication and possess lasting quali- mendation of car manufacturers to use 20-W oil for winter is the best contribu- tion that has been made to winter lubri- cation, because undoubtedly this oil will help motors start much quicker and will give 1009 lubrication, as well as long- qualities. These results prove Jacksonvl Gs 5s Jers CP&L 4'4s C, ans Pow 55 A '4 en Util 1st 5s 'f Eentuck 3 Garlock Pack (80e) Gen Alloys. Gen Avlnlmn Gen Elec Ltd rets (k30 1-5¢)... Gen Gas &Elec Gon pCIET PE (B) 1008 12% 1 en Pub Sve pf... 60s 29% 2 GenRayonLtdA. 1 14 WAL Bps Wl Glen AldenC t1%., 2 22% Weatvaco C pe(1). 268 100 100 100 Gaamen G 3 p 3| Wiliams (RC) ) 2717 17 17 Gorham Mfg right Har(t60¢) 14 9 8% 8u votext (14)eee G mmm‘g Yukon Gold o 2 Varnish (50¢). Great Atl & Pac e GBOI:';?]!:‘P“.I)» 208 129% 129% 129% | ca T stock. Tea’ a0 - Tea Istpf (7)., 108 125% 125% 125% :gll“;:zlr—n’oslrem Great Northern lted dlvldendl d n Plus reyhound (Del). 15 21% 21% ed. oBtocts Guardian Invest.. & m'y"l'fé’&a"g e e e Gulf Ofl of Pa. 54% | ave dealt as ualsedd 62... '32 cod. Minn G&Lt A Mo Pb Sv s. 2 17 T % Th TH S 1001 10014 is_'5 198 3 LEr 5100 a8 m Nor Ind PS 55 C 24% Hecla Min (40¢) 111081 1061 Helena Ruben. ... 5 3% 31 |Heydench (11.35) su UPTURN MAINTAINED 10751073 1011 | Hollinger G 135, 19%| BY TRANSIT REVENUES Horn&Hardt 1. b 25 Special Dispatch to The Star. gu::ln g:ly&()hs 12 NEW YORK, December 17.—Transit | Sl G 44% | revenues for the calendar week end- e 7}15[3;,994, 1 |ing with Saturday, December 8, as Hiz;t:de i‘c oy = 4 g reporteq by a representative group of companies, recorded continued gains over last year as shown by the Transit E 6s 'S O P&L 5%s eop G L 45 B eop GL&C 6s such doubt. tion. Sanctioned Test No. 3133. MERCURY MADE something that most motorists believed Sunoco 20-W oil, but it by no means fol- s used on this test run. In or- equipped with specially been proven. However, some motorists have been skeptical as to the From start to finish, every detail of this test was conducted under the 20-W e MOTOR OIL lows that any 20-W oil will give the same der to avoid any possible oil fitted piston rings and anew lubrication safety of such a light oil. This test eonvincingly removes direction of the Contest Board of the American Automobile Associa« “This test was made on Mercury Made A K Master 6, 1934, Chevrolet leakage, the motor was breather pipe. Further- Il Pwr&Lt $6 pf..150s 13% 13 Imp Oi1 Ltd 412 .':Iaz 53 193 001y 091y D61, 961 60Yy 80 37V 37% 104 84 8 . 85 5 1033 10438 10358 93, 943 4% P m«'; m. . mg lnfi 108 45 45 6113 Gk 9105 A 735 Otis ow bois 5125 York Rwy Bs '37.... 967 967 967 FOREIGN noNDs Danish Con 5%s 45 1% 4D’ i 3815 3 e 15 a o a1 i s 3 11 ] s a o NC ! Bnntlll Chile 7s '49 10 wWith warriits _New. " wi—When issucd: D) ——stamped Negotiability impaired by maturity. fCompanies reported in receivershio, coupon (180¢).. Imp Tob Gt Brit & I(k1.03 9-10c) 4 34% Indus Finance vte. 1 1% Insurance Co of Int Cigar Mch (2). North Am (2).. Intl Hydro Elec System cv pf.. Intl Mining war... Int Petrolm (t2) Intl Utilities (B).. Irving Air Ck10c. Ital Superpwr (A) 31 16% 1 28 1 53% Jonas & Nau Jonas & Nau cv pf Kingsbury Brew.. Kolster-Brandies Am shares. .., Kreuger(G)Bre: | zaxe sn 2t (r33) Lefcourt Realty. . Lefcourt Real pf.. Lehigh C&N(50c). Libby McNeill&L.. Lone Star Gas. Long Island Lt. ce Long Island Lt of (B) (6) Louisiana L& McCord Rad (B).. Massey-Harris. ... Mavis BotA (f).s & 28 53% 5% 30 & 4% % 7 1% % 5% 53 2% lG'a K 2% 40 40 % 6% 6% 4% 4% n W Journal Indicator, which stands at 103.59, as compared with the corre- % | sponding week in 1933. “This is a considerably better show- ing than that for the week ending De- cember 1, 1934, for which the Indica- tor stood at 100.70,” it is stated in the report. “Trends for the week were generally upward throughout the country.” BALTIMORE TOBACCO MARKET LESS ACTIVE Special Dispatch to The Staf. BALTIMORE, December 17.—Sales of Maryland leaf tobacco last month totaled 4,377 hogsheads containing 2,673,210 pounds, which sold at an average price of 8% cents a pound. This compares with sales of 10,289 hogsheads containing 6,244,265 pounds at 91, cents a pound in October. Re- 14 | ceipts last week totaled 477 hogsheads, with sales of 205 hogsheads reported, leaving a stock in State tobacco ware- houses of 26,389 hogsheads. MONTREAL SILVER. MONTREAL ber 17 (M. futures opened, 3’;(‘::'" fimnm susf L May, 55.15b; July, more, the oil-pan flange was reinforced, and the gaskets were new and fitted with particular care.