Evening Star Newspaper, December 20, 1934, Page 18

D. C. INSURANCE AGENTS IN LEAD Gain of 28 Per Cent 0verl Year Ago Is Largest of Entire Nation. BY EDWARD C. STONE. ‘Washington insurance agents hung up the best record in the whole United States in new insurance writ- ten in November, compared with the same month last year, scoring a gain of 28 per cent. The monthly survey received from Hartford, Conn., today .showed the national average to be 3 per cent lower than a year ago. Virginia was fourth from the top with a 12 per cent gain and new insurance in Maryland was up 7 per cent. North Carolina fell a point below the national average with a 4 per cent decrease in new business. West Virginia was off 7 per cent from a year ago and South Carolina stood at the very bottom of the entire list with a slump of 20 per cent. For the first 11 months of 1934, Washington stands 13 per cent ahead of last year’s mark. Maryland is 21 per cent up, Virginia, 12 per cent; West Virginia, 26 per cent; North Carolina, 18, and South Carolina, 11 per cent under the like period a year ago. The average for the whole country is 10 per cent better than in the first 11 months of 1933. New insurance in the Capital to- taled $4,211,000, Maryland reported $7.525,000, Virginia totaled $5,875,000, ‘West Virginia wrote $3,476,000 in new policies, North Carolina’s total was $6,385,000 and South Carolina, the other State in this trade area, re- ported a total of $2,332,000. The report added that 53 per cent of the companies doing business in Wash- ington wrote more business than a year ago. Meem Commences Fourth Year. Harry G. Meem, president of the Washington Loan & Trust Co. has begun his fourth year as the institu- tion’s leader. Elected on December 14, 1931, he followed |- the late John B. Larner, who was one of the found- ers of the trust company and president of the bank for many years, Mr. Meem has been connected with the Wash- ington Loan & Trust Co. for more than four e decades. His career in banking Harry G. Meem. e stance of “from bank runner to presi- dency,” a period through which every banker obtains an unusual view of all departments of the bank. After being assistant treasurer and treasurer, he ‘was elected a vice president in 1917. A native of the District, Mr. Meem ‘was born in Georgetown, where mem- bers of the family had resided since 1756. His father, Peter G. Meem, was officially connected with the Farmers & Mechanics’ Bank in the early days of that institution. Perhaps that is the main reason why Mr. Meem as a youth always wanted to enter banking. During the Liberty Loan drives he was one of the most active financiers in the city in pushing sales and sub- scriptions. He is a director in several business organizations, is a member of the Chevy Chase Club, the Archeological Society and the National Geographic Society. Pay Tribute to Gov. Black. Members of the District Bankers’ Association sent a message of regret today to relatives of the late Eugene R. Black, governor of the Reserve Bank of Atlanta. The association will also pay tribute with flowers at the funeral. While head of the Federal Reserve System, Gov. Black made his first ad- dress after taking office, before the District Bankers’ Association, at the Columbia Country Club. Everybody liked him, everybody admired his ability. The financial district was grieved again today to hear of the sudden death of Charles E. Howe, for 42 years actively connected with the American Security & Trust Co. He died at Emergency Hospital from pneumonia, at the age of 67 years. He had been in the city only a few days, coming here to attend the trust company's 45th anniversary dinner. Mr. Howe was an outstanding figure in the financial district for three dec- ades. He edited the first financial sheet printed in the financial district, much of the material used being fur- nished by the late Albion K. Parriss. His greatest hobby was art and he was 8 remarkable judge of fine paintings. Association 54 Years Old. The Washington Permanent Build- ing Association has just completed its fifty-fourth year in business. The or- ganization now has assets of $8,350,- 000 and is located in its own building at 629 F street northwest. Since 1881 the organization has made continuous and sound progress. Present officers and directors are: E. J. Sacks, president; John Hender- son, vice president; C. J. Bergmann, treasurer; H. H. Bergmann, secretary; C. Chester Caywood, general counsel; John H. Clipper, C. Rammling, James R. Ellis, Clyde H. Miller, C. Chester Caywood, Max Walten, Joseph M. Saunders and Walter B. Avery, di- rectors. The association was the first build- ing association in Washington to he- come a member of the Federal Home Loan Bank. It is also a member of the District of Columbia Building and Loan League and the United States Building and Loan League. Today's Trading on Exchange. Lanston Monotype opened trading on the Washington Stock Exchange today, with two sales at 48!2. Later *the stock moved off half a point, 38 shares selling at 48. Potomac Electric Power 512 per cent preferred stock was the most active issue on the list. Five different sales were recorded at 111. The corpora- tion’s 6 per cent preferred was also out today, 10 shares selling at 10915, Washington Railway & Electric 4s appeared on the board with a $1,000 bond sale at 98'2. Other bids were unchanged. Washington banks are.in gala at- tire for Christmas. Some of the trees are exceptionally beautiful this year. No indications of any depression, — NEW YORK PRODUCE. NEW YORK. December 20 (#.—Butter, 1.5 firm. * Creamery, h fi]xa" s . 313 a3 centralized (90 steady. State, Whole k flats, held. 25 to auality, 20a21; ]9“ fancy lo !Decli]s 17a19. Eggs. 14.° ‘mer. _ Mixed colors, ‘or smcuons from fresh standards ars ta mixed colms unchanged. irregular. By freight: : bro! eri unquoted; fowls. 1: turkeys. 21a27; TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Evening Star. Previous 1034 — High. l l”a 31'6 11.1 3 % 287 b4 164% ll‘i 14% 160% 23! a 12 126 8% T8 30 5114 106%% 125 26% 44y 72 129 125% 85% 89 130% 13 28% 27% 80 174 83% 4% 174 17% 17% 243, 106 39 17 6% T 83 184 86 3% b4l 36 55'% 106% 5T% 16% 10% Stocks and Low. Dividend Ral 6 Adams Expres: 70% Adams Ex pf (5). 16 Adams Millis (2). 6% Addressograph..... 4% Affiliated Prod (60c) 91% Air Reduct'n t44%.. 1% Airway Elec Appli.. 16% Alaska Jun (11.20). 13 Alleg Corp (k). 5% Alleg Cp w§30w (k). 4% Alleg Cp wi40w (k). 5 Alleg Cp xw (k) 115% Allied Chem (6 % 10% Allis-Chalmers 11% Alpha Por Cem 25 214 Amal Leather...... 25% Am Ag Chem Del(2) 11% Am Bank Note..... 19% Am Brake Shoe 80c.x 2:30 p.m. Sales— Add 00. !l%h. Low. Close. Chge. E!lh Low. T 84 6% 84 6% + % 84 — 3% 30% 30% 30% 8% 6% 110 114 96 Am Brake Shpf (7) x lg 90% Am Can (15).. 1263% Am Can pf (7). Am Car & Foundry., 32 Am Car & Found pf. 46% Am Chicle (13%). 20% Am Comcl Alcohol 613 Am Crystal Sugar, . 46% Am Crystal Sug pf. 4% Am & Foreign Pwr., 11 Am & For Pw pf (6) 11% Am & For Pw pf (7) 10% Am Hawalian SS(1) 17% Am Hide & Leath pf 26% Am Home Prod 2.40, 3 Am Ice Co. 25% Am Ice pf (6). 4% Am International. % Am La France (k).. 3% Am La Fran pf (k) 141 Am Locomotive.... 35% Am Locomotive pf.: 12% Am Mch & Fdy (1).. 34 Am Mach & Metals., 415 Am Mach & Met ctf. 127 Am Metals.. ., 31 Am Power & Light.. 10% Am P&L $5 pf (1%) 11% Am P&L $6 pf (1%) 10 Am Radiator.. 111% Am Radiator pf (7). 1314 Am Rolling Mills. 214 Am Seating.. . 17% Am Shipbldg (2) 30% Am Smelt & Ref. 71% Am Sm&Ref 6% pf. 100 Am Sm&Ref pf (7). 10% Am Steel Foundry.. 597 Am Stl Fdry pf (2). 37 Am Stores (1 46 Am Sugar (2 1034 Am Sus pf (7) 100% Am Tel & Tel ( 65% Am Tobacco (5). 67 Am Tobacco B (5) 107% Am Tobacco pf (6).y 3 Am Type Fdrs (k).. 7% Am Type Fdrs pf (k) 12% Am Water Wks (1), 54 Am Wat W 1st (6) 7 Am Woolen... 36 Am Wool pf (h 1 Am Writ Paper (k). 2% Am Writ Pap pf (k) 10 Anaconda Copper.., 9% Anaconda Wire....i 1313 Anchor Cap (60c). .. 84 Anchor Cap pf(613) 26% Archer-Dan (11% 110 Archer-Dan pf (7).. 315 Armour of 1llinois. . 46% Armour 11 pr pf (6) 3 Arnold Constable. T% Asso Dry Goods. 46 Asso Dry G 1st pt 45% Atch To& S F (h2 2415 Atlantic Coast Lin 211 Atlantic Ref (1) 354 Atlas Powder (2). 83 Atlas Powder pf (6) 16% Auburn Auto......s 7 Austin Nichols..... 3% Aviation Corp Del. . e ——— 16 64% 34 414 Baldwin Loco. 16% Baldwin Loco p! 13% Baltimore & Ohio... 16 Baltimore & Ohio pf 35% Bang & Arros (23%3). 95% Bang & Arros pf (7) 16% Barker Brothers pf. 5% Barnsdall Corp..... 23 Bayuk Cigar (g1 10% Beatrice Creamery.. 8% Belding-Hem (h50c 9% Bendix Aviation...s 121 Beneficial Loan 1%. 26 Best&CO (1%)...0 244 Bethlehem Steel...s 547 Beth StIpf (j1%)+e 1914 Bigelow-San (h1).. 6 Blaw Knox.. 8% 6% 108 1% 19 1% 5 5 128% 14% 16% 3% 4% 14% 25% 121% 107 148% 11% 14% 8% 6% — % 110 +2 1% 19 =% 1%~ % b 5 129% 14% 121% +3% 107% + % 148% —1% 16% — % 37% -1 66% — 31 —% Th =% 57 —1% 4 % 137 137 137 +11 20% 5% 2213 368 2 106% 17 s 103 % n7 9 U 17 Bloomingdale (106). 1408 6% Boeing Aeroplane. . 44% Bohn Alumné& Br(3) 2 3 76 Bon Ami (A) na)..;lao. 197% Borden Co (1.60) . 163 Borg Warner(11%). 5% Boston & Maine. . 12 Briggs Mfg (11%).. 28% Bklyn-Man T (h1% 4 48% Bklyn Union Gas(5) 118% Brown Shoe pf (7).. 4 Brunswick-Balke... 314 Bucyrus-Erie. . 3 Budd (EG) Mfg 16 Budd (EG) Mfg pt. 2 Budd Wheel 5% Bullard Co 1 Burns Bros (4 . 4 BurnsBrospf...... 10% Burr Add M (nt65¢) 23, Bush Term deb (k). 5% Bush Tr Bldg pf ct.. 114 Butte Copper & Zino 1% Butterick Co....eee 13% Byers (AM)....ove . ————————— % 24 112\/- 6% 2% uk lm 2% 64 644 1% 14 Callahan Zinc...... 18% California Pkg(1%) 2% Calumet & Hecla... 6 Campbell-Wyant... 121% Canada Dry G A (1) 10% Canadian Pacific. . . 26% Cap Admin pf A (3). 3, Case (J I)Co... 56% Case (J I) pf (4) 23 Caterpillar Tr 11 17% Celanese Corp. .. 1 Celotex vte (k). 6% Celotex Co pf (K).es 18% Cent Aguire (1%) 53 Central RROfNJ 5% Century Rio Mills. . 30% Cerro de Pasco (2) e 391 Ches & Ohio (2.80) .3 34 Ches-Corp (2%)...3 1% Chi & Eastn Il (k) « 17 Chi Great Western.. 315 Chi Great West pf 2% Chi Mil St P & Pac.. 384 Chi Mil St P &P pf.. 4% Chi & Northwestern 8% Chi & Northwest pf. 3% Chi Pneumatic Tool. 14% Chi Pnen Tool pt. 1% Chi R1 & Pac (k). 3 CRI&PT pl(k)n 19% Chickasha C 0@) 3% Childs Co..... 10% Chile Copper.. . 291 Chrysler Corp t1% . 17% City Ice & Fuel (2). 67 City Ice & F pf 6% 3 City Stores. .. 3 City Stores ctfs. 21 City Stores (A) . 2 City Stores(A)ctfs.y 95% Coca-Cola (17)....« 9% 'Colgate-P-P (175¢). 681 Colg-Palm-P pf (6). 10 Collins & Aikman. « 74 Collins & Atk pf(7) v 38 Colo Fuel & Iron (k). 13 Cole & Sou 1st pf. 52 ColG& ElpfA(e) 58 Colum Carb (13.60)4 18% Comcl Credit (2)... 231% Comel Cred pf (1%) 30s 911 Comcl C 1st pf(6%) Comecl Credit(B) (2) 60s 110 10s 29% 35% Comcl Inv Tr(12%) 73258 561 91 Comcl Inv cv pf(e6) 15% Comc! Solv (60¢)... 1 Comwlth & South 213% Comwlith & S pt (6). 22 Congoleum-N (12)., 34 ConnRy &Lt (4%). 5% Consol Cigar....... 45% Con Cg pr pf ww 634 49 Con Cg pr pf xw 6% 1% Consol Film...euuas 10% Cousol Film pf (§2). 20% Consol Gas N Y (2). 80 Consol Gaspf (5).a 7% Consol Oil (h42¢) .ee 108 Consol Oil pf (4)..s 2% Consol R R Cuba pf, 15 Consol Textile. ... 6% Container Corp (A). 2% Container Corp (B)s 6% Contl Baking (A)..e % Contl Baking (B)... 44% Contl Baking pf (4); 56% Contl Can (2.40)...3 6 Contl Diamond Fiba b 2113 4 19% 5% 2% 36% 1063 17 103 367 17 5 41% 46 124% 5 4% 41 20% 1 30 32% 34 Kig 0% 69 5% 19% 19% 77 % % 111% 2% [ 1% 4% 6 K] 47% 61% 6% 20% + bin — 22% + 36 + 106% + 122% 16% |+il‘l‘|II++LII+I FE FE FEFES 16% 17 103 3T n7 ¥ ¥ % Ll 461 —24 124% +1% 5 A% - % A% 30 - -% 43Y% = % 42% —1% 1% ~2% % 111% + % 22U =% % 11% — % 4% 6 % -4 474 62% + % 7 -% 861 Divider.d Rate. 28% Contl Insur (1.20). % Contl Motor: 16% Contl O Del Add 00 High, Nes Low. Close, Chge. 321 83 41 40% Corn Ex Bk & Tr(3) 150! 55% Corn Prod Ref (3).. 3% Coty InC....eurennn 28 Cream of Wht t23 .x 18% Crown Cork & S (1) 47 Crown WP 1st pf(4) 3% Crown-Zellerback. . 17 Crucible Steel % Cuba Co.... 314 Cuban-Am Sugar... 87 Cudahy Pkg (2%).s 13% Curtis-Publishing. . 431 Curtis Pub pf (§6).a 2% Curtiss Wright.. 5% Curtiss Wright (A 11 Cutler Hammer.... [ ——SLY 108‘/; 100 Gen Baking pf (8) 0% 9% 24% T% 6% 967 81% 3% 10% 13 10% Deere & COvevuuanss 10% Deere & Co pf (40c). 35 Delaware & Hudson. 14 Del Lack & Wes 5% Den& RG W pf...« 6314 Detroit Edison (4). 29 Devoe& R (A)(12)u 21 Diamond Match (1), 82 Dome Mives (13%). 11 Dominion Strs(1.20) 14% Douglas Aircraft... 80 Dupontde N (13%). 90 Duguesne Lt 1st (5) 79 EastmanK (14%).. 12% Eaton Mfg (1)..... 15 Electric Auto Lite., 80 Elec Auto Litepf 7, 130- 3 Electric Boat.. . 4% El&Mus Ind (h19e: 2% Elec Pwr & Light. 6 Elec Pwr&Lt $6 pf. 6% Elec Pwr&Lt §7 pf., 34 Elec Stor Bat (2%). % Elk Horn Coal (k). . 2% Engineers Pub Sve. 5 Equit Office Bld 9% Erle R R 14% Erfe R R 1st pf 7 Eureka Vac Cl(80c). 9 Evans Auto P(50c). 3 Exchange Buffet... 3% Fairbanks Co pf 7 Fairbanks-Mor: 30 l‘atrbanks rs pf. ac. 34% Fed Lt&Trac pf(6). 1 Fed Water Sve (A) . 23% Fid Ph F In (1.20)., 13 Firestons (40¢). ... T1 Firestone pf A(6)., b4y First Nat Strs(214). 2 Follansbee Bros (k) 10% Food Machinery . 814 Foster-Wheeler. 17% Fourth N Inv(h85c) 8% Fox Film (A)...... 21% Freeport-Texas (2). 1% Gabriel Co (A) 814 Gamewell Co. 5% Gen Am Investor: 73 Gen Am In pf ww 6. 30 Gen Am Trans(1%) 12 Gen Asphalt... 64 Gen Baking (hé5c) 5 Gen Bronze 27 Gen Cigar (17 16% Gen Electric (60c).. 11% Gen Elec Spe (60c) .. 28 Gen Foods (1.80)... % Gen Gas & El (A)... 6% Gen G&E 6%cv pfA. 61 Gen Mills (3) 24% Gen Motors (11;).. 89% Gen Motors pf (5).. 3% Gen Outdoors Adv.. 10% Gen Print Ink (11).. 2 Gen Public Service.. 23% Gen Ry Signal (1).. 1 Gen Realty & Util.., 10 Gen Realty&Util pf. 10% Gen Refractories 10 Gen Refrac ctfs. 8% Gillett Saf Ras (1)., 47 Gillette Saf R pf(5), 284 Gimbel Bros......., 15% Glidden Co (11.30).. 83 Glidden Co pr pf ('l) 3% Gobel (Adolf)...... 16 Gold Dust (1.20) 8 Goodrich (BF). 35% Goodrich (BF) pf.a 1815 Goodyear T & Rub.. 64 Goodyear $7 pf (4).. 3% Gotham Silk Hose. . 3813 Gotham SHpf (7)w 1% Graham-Paige. 4 Granby Consol 4 Grand Union. 23 Grand Union 28 Grant (WT) (1) 12% Great Northern pf.. 25 Grt West Sug(2 40). 12 Gulf Mobile&N pf 314 Hahn Dept Stores. .. 26% Hahn Dpt Stores pf. 3% Hall W F Printing.. 13 Harb Walker (uOc). 114 Hat Corp (A) 1% Hayes Body. 74 Hazel Atlas Gl (5) 59 Hercules Pw (13 481% Hershey Choc (3). 4% Holland Furnace. .. 5% Holland & Son (50¢) 430% 310 Homestake M (130). 32% 84 7% 12% 26% 4% T 11 Houd-Hersh A j2%. 2% Houdaille-Hersh B. 35% Howe Sound (3)....x 4% Hudson Manhattan. 9 Hudson&Manhat pt, 6% Hudson Motor Car., 1% Hupp Motors, —_—— 38% 50 4% 31% 3% 6% 4% 17% 1% 13% Illinois Central.. 22 Illinois Central pf. 2% Indian Refining. ... 19% Indus Rayon (1.68). 49% Ingersoll-Rand (14). 2% Inspiration Copper. 21 Insur-Sh ct Md(10c) 5% Interboro RpTr(k). 4 Interlake Iron. 2 Int Agricultu: 6% 164 131 Int Bus Mach ( 124 3% 46% = 4% Int-Carriers Ltd 200 18% Int Cement (h25¢).. 23% Int Harvester (60c) 137 110 Int Harvester pf(7). % 6 29% 6% 3% 2% 24% 1% 84% 36 663 19% 10% 18l 3T 4% 21% 23% 41 22% 114 101 Kresge (S S)pf(7 33% 31% 14% 20 5 16% 21% 78 43% 24 110 111% 36% . 35% 37 105 3 44y 22% 214 Int Hydro Elec (A). 2% Int Merch Marine. .. 21 Int Nick Can (60c).. 2 Int Paper & Pw (A). % Int Paper & Pw (B), % Int Paper & Pw (C). 815 Int Paper & Pw pf.. Ty Int Tel & Tel 59 Int Silver pf 24% Island Crk Coal 39 Johns-Manville..... 6% Kans City Southern. 6 KaufmannDeptS40c 13% Kayser(J)&Co h50c, 20 Keith-Albee-Orp pf. 1 Kelly Spring Tire. 11% Kelvinator (170c 16 Kennecott (h45c). 131 Kinney (G R) pf. 13% Kresge (SS) (1). .. 23% Kroger Gr&Bk 1.60. 22% Lambert Co (3)...a 7 Lee Rub&Tire(40c). 11 Leh Port Cement. .« 21 Lehigh Valley Coals 5 Lehigh Val Coal pf. 9% Lehigh Valley RR.» 641% Lehman Corp (2.40)x 2214 Lib O-Ford G1(1.20) 17% Life Saver (1.60)... 73 Ligg & Myers (15).. 74% Ligg & Myers B(15), 15% Lima Locomotive. ., 16% Liquid Carb (11%) 20% Loew's Inc (11%) .. 72 Loew's Inc pf (64). 1 Long Bell Lum (A). 83Y% Loose-Wiles (2)...3 15% Lorillard P (12.20).. 130 102 Lorillard (P) pf l")a 3% 21 621% 19t 1 Louisiana Oil 12% Louisv G&E(A)l‘fi . 87% Louisv & Nash (h3). 8% Ludlum Steel... —_— 42 1% 11% 11% 63% 50% % 9% 4285 17% _ Tax 62% 4% 20% 20% U 30 MacAnd & F (12.35) 95 MacAnd & F pf (6).. 1% McCrory Strs A (k). 1% McCrory Strs B (k)4 5% McCrory Strs pt (k) 3815 McIntyTe Porcu (2) 79 McKeesport T P (4), 4% McKesson & Rob. .« 11% McKesson & Rob pf. 1 McLellan Stores (k) 22 Mack Truck (1)e..u 35% Macy (R H)& Co(2) 1% Mallison & Co. 10% Man Elevm g (k 10% Mauhat SHIct (806) % 1% Maracaibo Oil Exp. X o g cofSnanaie Kauans 21 15 - - PUNANORN-OED WORNNNE AN 79 40s 11 3 9’! K 104% 110% L 114 8 8 4 3 158 3 2 © 5 FEFEF FPEFETIF o 2 5 - S 104 104% — 3% 3% — 17% 10% + - 9 S R O - L e T LR L T ST PP ey = " T5% T2% 81y 10% e - [ WS oM N e G0 O O B N 1 0 O e €0 e S o e e —1'6 % 20% 20% 112 112 112 3 28% 28% — % 28% 27% 10% 134 2% 11% 27% ' 10% 13% 2% 11% 10% 69% 27% - % 10% — % 13% — % 2% =% 11% — % 10% + % 69% — % 27 2T - % 21% 21% - % 5 101% 101% 101% —1% 22 1047% 104 104 — % 2 204 19% 19% —1% 12 29% 28% 29 45 84% 33% 344 ~1% 108 104% 104% 104% 2 2 2 2 3 34 33% 34 +u 15 19% 19% 19% -+ % 20- 130 125 12! -2 15 lZ!i lZV‘ 12% % 1 45 45 45 -1u% 2 UM% 4% UM% - % 5 41 40% 41 + % 20s 111 111 111 + % 1% 10% 11 + % 11% 10% 11 60% 59 41% 40% 9 90 8 39% 15% 25% % 38% 145 25% 4% 1% uu 25 % l! IK'l\t-lfi 1 10% Postal Tel & Ca pf.. 334 Proc & Gamb 11.70., Pub Serv N J (2.80), Pub Serv N J pf (5). Pub Serv N J pf (6). Pub Serv N J pf (8). Pub ServG&E pf(5). 59% 854 Pullman Inc (3).... 14% 6% Pure Oil.. | 8 49 Pure 0il pt. * 19% ¥4 Purity Bakeries (1) 9% 4% Radio Corporation.. 23% Radio Corp pf (A).. 15 Radio Corp pf (B).. Previous 1934 — Dividend Rate. Add 00. Hilh la'.cum Chn High. Low. 8% Marshall Field..... 23% Mathieson Alk(114) 0 10 Maytag pf 26 Melville Shoe (2)... 3% Mengel Co..... AmB AN~ 20% Mesta Mach (1%).. 21 M-G-M Pic pf(1.89). 8 MiamiCopper...... | 9% Mid-Cont Pet(h50c), 6% Midland Steel Prod. 44 MidSt1P 1stpf (4).x llll: 5 -3& 1% Minn Moline Pow... 15% Minn Moline Pow pf % MStP&S S Marie 3 1% MStP&SSMpf... 12 1% MStP&SSMlsln 100- 4% Mo Kan & Te: . 12% Mo Kan & Texas Df. 1% Mo Pacific (k).....; 2% Mo Pacific pf (k). 121 Mohawk C M (h25c) 39 Monsanto C (11%). 20 Montgomery Ward. % Mother Lode. 6 Motor Meter 16% Motor Produ 6% Motor Wheel. 5% Mullins Mfg. 12% Mullins Mfg pf ceee 3% Murray Corp. High. Low. 5% 4% Marancha Corp..... 5% Marine Midld (40¢c). i o cEmampaStunana 3 12% Nash Motors (1)... 19% Nash Chat & St L 3% Nat Acme Co 5% Nat Aviation. 3% Nat Bellas H p. t Biscuit (2)....) t Cash Reg A 50c Nat Dp St 1st pf(k). Nat Distillers Nat Lead (5) . 121% 100% Nat Lead pf (B)(6). 6% Nat Pwr & Lt (80c), 1 NatRy Mex Istpf.. 3434 Nat Steel (1). 881 Nat Supply pf. 9 NatTea (60c).. 6% Neisner Brothers... 113 N Y Alr Brake. . NY C&StLpf. % N Y Investors (k).. 6% N Y N H & Hartford I NYNH&HDpt.... 4% N Y Ontario & West 9% N 'Y Shipbldg (40c).x 73 NY Steam pf (6)... 90 NY Steam 1st (7).. 30% Noranda Mines (h2) 82 Norf & West pf (4). 2% North Am Aviation, 10% North Amer (1).... 34 North Am Co pf (3). 47% North Am Ed pt (6); 14% Northern Pacific. ... 15% 81 Ohio Ofl (h45e)....; 7 2 Oliver Farm Equip.. 27% 9 OliverFEqprpf A, 19% 13% Otis Elevator (60c), 8 3% Otis Steel........ 94 63 Owens-1ll Glass (4. 3% Pacific Coast 1st.., 12% PacificG & E (1%). 20% Pacific Lighting (3) 2% Packard Motor..... 1% Par-Publix ctfs(k). 2% Park Utah..... . 3 Parmelee Trans 1 Pathe Exchange. ... 10% Pathe Exchange(A) 9% Patino Mines, 1'% Peerless Motor. 44% Pennick & Ford (3). 511 Penney (J C) 14.40. 1% Penn Coal & Coke. ., 274 Penn Dixie Cement. 20% Penn RR (h1)...... 86 Peo Drug S pf (6%) 19% Peoples Gas Chi.... 12 Pere Marquette 13% Pere Marquette pf, 84 Petrol Corp (hi0c). 13% Phelps Dodge(h75c) 243 Phila Co $6 pf (3)... 3% Phila & Read C& I.. 113% Philip Morris (1)... 48 Phillips-Jones pf 7. 13% Phillips Petrol (1). % Pierce-Arrow (k) % Pierce Oil..... 'a Plerce Petroleum 183 Pillsbury Flourl.6! 415 Pitts Screw & Bolt. 25% Pitts United C pf. 1% Pittston Co. 7% Plymouth Oil g75 6 Poor & Co (B). Port Ric Am Tob B. 11% 30 1% Radio-Keith-Or (k) 1435 Raybestos-Man (1). 6 Remington-Rand... 32% Remington-R 1st pf. 80 Rem Rand 2d pf.... 2 Reo Motor Car. 10% Republic Steel. 33% Republic Steel pf... 39 Republic Steel pf ct 151 Reynolds Metals(1) 6% Reynolds Sp (40¢c). . 39% Reynolds Tob B (3). 5% Ritter Dental 38y Safeway Stores (3). 84% Safeway Strs pf (6) 15% St Joseph L (h30c).. 1% St L San Fran (k).. 1% St L San F pf (k)..; 17% Schenley Distillers. 3 Schulte Retail Strs. 15 Schulte Re Strs pf.. 41 Scott Paper (1.95). % Seaboard Air L (k). 1 Seaboard A L pf (k) 20% Seab’d Oil(Del) (11) 2% Seagrave Corp. 81 Sears Roebuck. . 1% Second Nat Invest.. 82 Sec Nat Inv pf (i2). 4% Servel Inc. . 4 Sharp & Doh 6% Shattuck (FG) 6 Shell Union Oil. 50% 9 Th 13% 11% Previous Netd | — 1934 — Stocks and Dividend Rate. Add 00. High. 8 Silver King C M 40¢ 83 Stmmons Co. ...... Ti4 Simms Pet (hSSc)a 6 Skelly Oil 5114 Skelly O1l pf ww... 15 Sloss-Sheflield..... cffield 6% Snider Packing 12% Socony-Vae (60¢).. 21 . So Por Rico Sug (2). 10% South Cal Ed (1%). 21 Southern Dairles B. 14% Southern Pacific. .. 11% Southern Railway. 14 Southern Rwy pf... 2% Sparks-Withington, 15% Spencer Kellog 1.60. 5% Sperry Corp ( 6 Spicer Mfg.. 25% 17% Stand Brands (1) 147 121% Stand Brands pf 8 3 Stand Com Tobacco. 17 4% Stand Gas & Elec. ., Stand G & E14% pt 11% Stand G & E1 6% pf. 13% Stand G & E1 7% pf. % Stand Invest Corp - 26% Stand Oil of Cal (1). 961 Stand Oil Exp pf(5) 23% Stand Oil of Ind (1) 39% Stand Oil N J(11%) 6 Starrett LS (hi0c). 47v. Sterling Prod(3.80)., 1% Sterling Secur (A) . 30 Sterling Secur cv pt 41 Stewart-Warner 4% Stone & Webster. 17 Studebaker (k) 1% Superior Oil. Net Low. Close. Chge. 0% + % % + 15% % - 584 + W -4% -5 W N h % % ke oW + su- 10 28% — 2% - 4% + 331 + 40% + 4 12% 24% 22% -1 ) FEREF T2 F ¥ - 3 3T% 10% 13% 9% 3 15% 7% Telautograph (1). 34 Tennessee Corp. 19% Texas Corpd1) 80 Tex Gulf Sulph 24 Tex Pac Coal & Oil.. 6% Tex Pac Land Trust 8 Thatch Mfg (h25c). 39 Thatcher Mf pf 3.60 2% Thermoid Co. 18% Third Nat In (hS5c) 4% Thomp'n (JR) (50¢) . 10 Thompson Products 1% Thompson Starrett. 8 Tide Water Asso 64% Tide W A pf (3815 80 Tide Wat Oil pf 3% Timken-Detroit. 24 TimkenR B (t1%). 5% Transamerica h25c. 3% Tr1-Contl Corp..... 1% Truax-Traer Coal. 3% Truscon Steel, 1% Twin City R T 6 TwinCity RT pf. 36 Und-Ell-Fisher (2). 39% Un Bag & Paper (4) % 85% Un Carbide & C 1.40, 20% 11% Un Oil of Calif (1).. 133% 90 Union Pacific (6)... 24 16% Un Tank Car (1.20). 15% 8% United Afrcraft. ... 6% 31 United Air Lines&T 120 107 Unit Biscuit pt (7). 50% 35 United Carb (2.40)., 8% 2% United Corporation, 37% 24% United Corp pf (3) 9% United Drug..... 59 United Fruit 11% Unit Gas Imp (1.20) 86 Unit Gas Imp pf (5) 4 Unit Piece Dye Wks 30 Unit Piece DW pf.. 1% U S Distributing 6 US&For'n Secur. . 6314 U S & For 1st pf (6) 34% U S Gypsum (+1%). 115 U S Gypsum pf (7). 32 US Indus Alcohol 5% U S Leather. 15% U S Pipe & F 16% U S P&F 1st pf 1.20, 4 US Realty & Impr, 11 US Rubber........ 24% U S Rubber 1st pf. . 96% U S Smelt & R (h9). 5415 USSm &R pf (33%) 29% United States Steel. 67% U S Steel pf (2).... 2% United Stores (A) 54 Unit Stores pf(3%) 40% Univ Leaf Tob (13) uo 1123 Unv Leaf Tob pf(8) 3 % Univ Pipe & Rad 5% 1% Util Pwr& Lt (A) 1% B 31% 14 Vanadium Corp.... 36% 24% Vick Chem (12.40),, 5% 1% Va-Car Chemical... 80 9 t++1 01 100 6 32y 100 3 410404+ 111144 ¥ i S8 | 16% 78 514 145 4% 11% 33 19% 12% 24 61% 141 6515 59 99 8% 76 24 & 19% 174 20 % 14% 27% 4% Vit ddi4) # reRys 1L+ FEESE 65 Va El & Pwr pf (6). 3% Va Iron Coal & Coke 20 ValIrom Coal & C pf. 52 Vulcan Detin (h3) 27 82 L4140 FFESE 2% Wabash pf (A) (k). 4 Waldorf Sys (h20c) 17'4 Walgreen Co (m1).. 845 Walgreen pf (632).; 1% Ward Baking (B). 2% Warner Bros Pic varren Bros. . ‘s Warren Bros cv pf. 13% Warren F& P (h1). 15% Wesson O & S (11).. 5213 Wesson O & S pf(4). 51% West Pa Elec pf 8915 West PennPw pf. 1% Western Dairy pf A % Western Dairy pf B. T4 Western Maryland.. 4% Western Pacific pf 29'3 Western Union 15% Westingh'se AB 0o 27% Westinghouse Elec. 82 Westingh'se 1st 3% 6 Weston Elec Inst 16% Weston Elec A (2 1474 Westvaco Chl (40c. 4% Wilson & Co....uue 12% Wilson & Co (A) 53 Wilson & Co pf (37). 41% Woolworth (2.40).. 31% Worth Pump pf A. 16% Wright Aero.... 54% Wrigley (W jr)t3%. 2215 14 Yale & Towne (60c) T 2% Yellow Truck. 47 28 Yellow Truck pf 22% 13 Young Sp&W (11%) 83% 12% Youngstown S& T.. FEEFEFEF - -% +2% + % +n I+ +1++140 1 FE FyErriys = ) 4% KA 1% Zenith Radio......s 3% Zonite Products.... 4 3% 3 Sales of Stocks on the New York lxchlnn’. 11:00 AM...... 260,000 12:00 Noon. + 420,000 1:00 P.M. 570,000 2:00 P.M . 690,000 Dividend rates as given in the above table are the annual cash payments based on the latest quarterly or half- “d"u'r';mngg trading less than 100 el t Partl e ading less than ares t Partly extra. 3 Plus %in stock. a Paid last year—no resular rate. b Payable in stock. g Pius 4% in stock. hPlld this_yea: Accumulated stock. e Payable in cash or stock f Plus$1 in special preferred o thinds po thia sear Uk Sowbarics sepoiisd in receivership or being reorganized. Plus 5% 1in stock. lus 3% Stock b Pius 2% in stock. x Ex dividend. COTTON GINNINGS BELOW YEAR AGO Total 9,174,241. Running Bales, Compared to 12,356,276 Re- ported in 1933. By the Associated Press. Cotton of this year's crop ginned prior to December 13 was reported to- day by the Census Bureau as 9,174,241 running bales, counting 174,577 round bales as half bales and including 11,- 079 bales of American-Egyptian. To that date last year 12,356,276 running bales had been ginned, in- cluding 569,182 round bales and 6,280 bales of American-Egyptian, and to December 13, 1932, ginnings were 12, 081,404 bales, including 622,016 round bales and 6,680 bales of American- Egyptian. Ginnings by States to December 13 98. 87.728; Te: 2! ey 140.7‘.“8.:)::! Siatés. 15,095, The Department of Agriculture’s final estimate of this years’ crop is 9,731,000 equivalent 500-pound bales, compared with 13,047,000 bales last % year and 13,001,000 bales two years ago. year. The report was for the second full year of operation since combina- tion of the Dobbs and Knox com- HAT CORP. ANNOUNCES BIG GAIN IN PROFITS By the Associated Press. NEW YORK, December 20—Hat Corp. of America announced a net profit, after provision for Federal in- come tax of $618,051 for the fiscal year ending October 31 against $222,178 for the previous year. ‘The profi* - share of outstanding preferred < is year was $18.49 against $6.0u . year, and on out- standing common stock the profit was 85 cents a share against nothing last NEW YORK, December 20 (#).— Production of lead in United States refineries during November totaled 34,425 tons, according to the American Bureau of Metal Statistics. Domestic shipments amounted to 31,803 tons and stocks on hand at the end of the month aggregated 232,509 tons. | panies. | LEAD ESTIMATES GIVEN. M ORTG A G E IMPORTANT THINGS TO CONSIDER when seeking investment, are fea- tures that quickly commend our FIRST MORTGAGES Liberal interest, and definitely fixed; long-term; adequate security of prmcmal—and purchasable in convenient amounts—$250 and up. B. F. SAUL CO. National 2100 925 15th St. N.W. PROPERTY 5.0 A N8 Over Forty Years of Experience First Mortgage Investments MANAGEMENT | a point each, STOCK LIST STEADY AFTER EARLY SAG Prices Harden in Afternoon Following Irregularity Due to Utilities. BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, December 20.—Stock prices hardened following forenoon ir- regularity today. Trading was rather quiet. A resumption of selling in utility shares was a disturbing factor in the early dealings. The late tone was fairly steady, although some of the power shares were still lower. In the last hour Consolidated Gas and American Telephone were down about & point, while quotations were steady to a little higher in U. S. Steel, N. Y. Central, Chrysler, General Motors, Sears Roebuck and U. S. Smelting. ‘Transfers approximated 900,000 shares. Shares of Radio preterred B and McCrory Stores preferred got up about while Caterpillar Trac- tor, Howe Sound, Chrysler, Du Pont and McCrory common were & trifle firmer. Consolidated Gas dropped more than a point to a new low for the past 12 years or longer. Others down fractionally to around a point included American Telephone, North American, Public Service of New Jer- sey, United Gas Improvement, Inter- national Telephone, Western Union, U. S. Smelting, Monsanto Chemical, J. C. Penney, Montgomery Ward and National Distillers. Such issues as U. S. Steel, Bethlehem, General Motors, Chrysler, Standard Oils of California and New Jersey, American Can, Santa Fe, Union Pacific and New York Central registered only slight variations The opinions of brokerage com- mentators were divided as to the actual trend of stocks. In some quar- ters the view was expressed that a backing and filling area would be wit- nessed within about a point of present levels. The thought was also ad- vanced that a full technical correction may now be in progress and that this movement could carry a point or so further without doing any particular harm. FOREIGN MARKETS. By the Associated Press. LONDON.—Business on the stock ex- change was quiet today. operations be- ing restricted in view of the approach ng holidays. ~_Gilt-edged securities and B als It o e while, We African gold mining shares were stron Qther sections lacked support and sassed. N issues_lead- s were cheerful the Boerse The closing was generally sus- NEW YORK BAR SILVER. NEW YORK, December 20 (#).— Bar silver firmer, !4 higher at 54 $1 Will Open An Account 5% scne Home Loan & Savings Ass'n 1505 K St. N. W. g Under Superrision U.'S. Treasury Dept. First Mortsage Loans on Property C.. Nearby Md. and DIRECTORY COMMODITY BROKERS COTTON ember N Y. Cotton nchnnn dlaw & ..DL 22556 o ® o GRAIN Members Chlcno Bolrd nf 'K‘rldc Hlnlmm Laidlaw & co. 2 Westheimer & Co. . RUBBER—HIDES METALS—SILK Members Commodity Exchange. Ine, Harriman & Co. NA."1600 i Westheimer & No Renewals No Commissions $10.00 Per Month Per $1000.00 COLUMBIA PERMANENT BUILDING ASSOCIATION 733 12th St. N.W. NA. 0353 | REAL ESTATE | LOANS MADE ON HOMES OCCU- PIED BY OWNERS IN | OR NEAR THE DISTRICT OF COLUMBIA Applications given immediate attention THE WASHINGTON LOAN & TRUST CoO. F Street at 9th 17th Street at G