Evening Star Newspaper, January 3, 1935, Page 14

FINANCIAL. STOCKS TEND P IN LATE TRADING NG _STAR, WASHINGTON, D. C, 3, 1935. FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Evening Star. A—14 *¥* THURSDAY, JANUARY BANK DEPOSITS SHOW SLIGHT GAIN Prev ous 2:55 Net | — 1934 — Low. Close. Chge. | High. Low Th + % Previous —_ m.'u —_ Stocks and les. Low Btocks and dividends 1% St L San F of (k). 2:30 p.m. 2:30 p.m. Sales Add 00. Previous — 1934 — High Low. _ Dividend Rate. 11% 6 Adams Express 2: 80 B m. Stecks and Dividend Rate. Aud og mth Low. 5 ceee 1 2:55 Net Low. Close. Chge. -9 Stocks and Btocks and . 2:55 Net 3 High Low. Close. Chge Dividend Rate, Adfl 00 High. 2% 1% Consol Textile. 19% 8% Ludlum Steel ... 17 17 ) Controller’s Call Reveals D. C. Total Figure Above October Returns. BY EDWARD C. Total deposits in the 22 $226,710. These figures were brought out to- call for the day as a result of th condition of all local b national banks in the United States | issued by the Controller of the Cur- rency. Aggregate deposits in the ton banks were as follows, last business day cf 193 Bank of Washington Columbia S Hamilts Liberty Lincoln . Metropelitan . Naticnal Capital Riggs . Second Anacostia Commerce & Sa\m"" STONE. Washington e banks on December 31, 1924, amount- ed to $256,857,591 in comparison with the slightly lower figure of $256,630,~ 881 on October 17. 1934, a gain of and all | Washing- as of the Sfl 40o 124 70% Adams Ex pf (5). 16 Adams Millis (2 6% Addressograph. 3u Advance Rumley 47 Affiliated Prod (6! 91% Air Reduction (3).4 1% Airway Elec Appli. 16% Alaska Jun (11 20). 2% Albany Wrap Paper 1% Allez Corp (K) . ... 4% Allex Cp w§30w (k). 115% Allied Chem (6).... 10% Allis-Chalmers 11% Alpha P Cem (a25¢) L% Amal Leather...... 89 Amerada Corp (2).. 26% Am Ag Chem Del(2) 11% Am Bank Note . % 40 Am Bank Nte pf (3 19% Am Brake Shoe $0c. 12 Am 32 Am Car & Found pf. 4% Am Chain. . 204 Am Comel Alcnhol. +tal Sugar.. 46 al Sug pf. 1% Am Ercaustic. . 3in Am & Foret:n P Am & For Pw pf (6 & For Pw pt (7) For Pw 2. m Hawarian § + Am Hide & Leather. 4 Am Hide & Leath pt 6% Am Home P'rod 2.40 3 Am Ice Co. 43 Am International .. % Am La France (k) 14': Am Locomotive. 85% Am Locomotive pf. o w_ oD e te 7 86 33% 8% 6 86 +1% 33% + W S+ % % + % lH +1% 13% 5% 14% 2% 64y 11% 86% 2% 22% 51 B4y % 6% 19'/- 4 % 2%+ % 1% 6% 140+ % 31— East Washington Savings McLachlen Morris Plen Security Sa City Bank ..... Industrial Bank American Securi! Munsey ........ National Savings & “Trust Union Trust .... Washington Loan & Trust Total 12% Am Mch & Fdv (1), 3t Am Mach & Metals, Am Mach & Met ctf. Am Metals. Am Metals pf. Am News (112). Am Power & Light. Am &L §5 pf (1%) Am P&L $6 pf (113) Am Radiator. Am Rollin 2,926,014 | 987,809 e oy e sz 14 15,658,040 8,906.193 19,613,774 Il +++++4++4 .$256,857,591 Another Call Issued. Supplementing the controller's call | was a similar one issucd today b; 1271 106 Deposit Insurance Corp. | <6 State banks which are not members | “44% 37 of the Federal Reserve system. This call also contained a request for a statement of earnings and divi- dends for the ca'endar year 1934. On receipt of this informat. CC ed | with like data b; obtained by the controller and by the Feder serve Board, there will be availadi the first time me and expense data for virtually all commercial banks in the count: The controiler is required bv law to call for a statel tion of all nati than three times a year. be attested by three cfficers ef each | institution and forwarded to the, Treasury within a “reasonable” perica.| 10 In addition, each reportig instiu- tion must publish in at least two papers a condensed FRL FEFEIFIE Am SIH.\I‘ Am Snuff pf (6).... 4 Am Steel Foundry.. Am Stores (1213).. Am Sugar (2)... ¢ Am Sus pf (7) Am Sum Tob (1) Am Tel & Tel 19). Am Tobacco (5) Am Tobacco B Am Tolacco pf (6), Am Type Fdrs (k). . Am Type Fdrs pf(k) 180s Am Water Wks (1), Am Woolen. .. Am Wool pf (h235). Am Writ Paper (k). Am \Writ Pap pf (k) Am Zinc & Lead. . Anaconda Copper. Anaconda Wire. Andes Copper. Archer-Dian-) Armour Del pf (7) : Armour of [1linois. . Armour 11! pr pf (6) ArnuM Lon:t’lble . 7 129' 8518 89 | 120% 13 [ Reports must Almost exactly half of the banks in ‘Washington revealed slight gains over the October call while the others re- ported slightly lewer figures. Some of the banks said the slight falling off in their deposits was due almost wxolly to the large amounts they paid out in 5%: Atlas Tack.. Christmas savings. Th°se amounts 16'= Auburn Auto have not yet been made up. Deposits, h% 7 Austin Nichols however, are very far ahead of aggre- 3% Aviation Corp gate deposits in the banks here at the end of 1933. Lincoln Corp. Elects Pope. The Lincoln Service Corp., which does industrial banking, anncunces the election of L. E. Pope as vice; president. He will have executive su- subsidiary corporations Asso Dry G 2d pf 4 Atch To& S F (h2). % Atch To&S F pf (5). Atlantic Coast Line Atl Gulf & W Ind pf 21 Atlantic Ref (1) 41, Baldwin Loco. 16% Batdwin Loco pf.... 123, Baltimore & Ohio. . 15 Baltimore & Ohio pt 861 Bamberger pf (612) 21 Barker Brothers. .. 16 Barker Brothers pf. 7 Barnsdall Corp. ayuk Cigar (1). | 4 Beatrice Creamery had long experience in industrial banking and in thel s£mall loan business as executive. | He was for a number of years super- intendent of the Beneficial Industrial 951 Belg Nat pt pf( T 4 9% Bendix Aviation. .. 1214 Beneficial Loan 1%5. 4 us Loan Corp., one of the largest insti- in the States, and until the close of last year was general manager of Credit Serv- is chairman of the tutions of its kind ice, Inc. He Executive Committee and of the Public Relations Committee of the Virginia Association of Personal Finance Cos. TUnited a member Best & Co (1%). Bethlehem Steel Sethlehem 19% Bizelow-s 6 Blaw Knox 17 Bloomingdale t10c) 88 Bloomingdale pf (7) 28 Blumenthalpf..... €3 Boeing Aeroplane. . 4413 Bohn Alumn& Br(3) 76 Bon Ami (A) (15).. Francis J. Crilley, also vice presi- dent and credit manager of the Lin- coln Corp., will continue in charge of the company’s Washington office and as treasurer of Dealers’ Credit, Inc., & subsidiary. The Lincoln Corp. showed an in- crease in business of 123.7 per cent in 1934 over 1933. December recorded the largest single month’'s business in the history of the corporation. Reports Sharp Gains. g President Willlam Montgomery of 5 the Acacia Mutual Life Insurance Co., 16 Budd (E G) Mfg pf. in a review of 1934, states that| 5% 2 Budd Wheel. Acacia’s assets increased to more than 5% Bullard Co. . .- $56.000,000. Insurance in force now 103 Birt AddBE (C0C torals $350,000,000, and new paid for e insurance aggregated $39,000,000 last ‘;’:" ng:'e?;mofz Zine year. A total of $2,500,000 was paid ll:Buncrickm()IO» . in death benefits during the 12| soa 138 Byers (A M).. months, and in the same period more | g77, 40 Byers (A M) pf. than $4,100,000 was paid to ‘ivmg' policy holders. Indicative of the steady growth of the company are comparative figures on assets. In 1929, assets stood at $33,865,580. In 1930, this total grew to $39,465,106: 1931, $45,027,879; 1932, $49,111,969, and in 1933, $52,108,776. At no time—not even during the bank holiday and money stringency period of early 1933—was there a month when Acacia’s current income was not more than enough to pay all demands of every kind upon it, with a balance for investment, Mr. Mont- gomery added. 197% Borden Co (1.60)... 161 Borg Warner(t1%) 12 Brigegs Mfg (D.... 14 Briggs&Straton (2) 26 Bristol-Mvers 12.40 484 Bklyn-Man T (h1l§. 46 Bklyn Union Gast3) 45 Brown Shoe (3). 4 Brunswick-Balke. A0+ 14+ 1+ @ o Budd (E |+ & F el 9 EEFEE ¥ 18% California Pkg(1%) 1% Callahan Zinc 2% Calumet & Hec! 6 Campbell-Wyant. 121 Canada Dry G A (1 107% Canadian Pacifie. .. 5% Capital Admin (A). 3>, Case(JDCo...... 23 Caterpillar Tr (1). 17% Celanese Corp. 1% Ce-otex Co (K) 1 Celotex vte (k). 614 Celotex o pf (k).. 18% Cent Aguire (132).. 51 Century Rio Mills. . 82 Century RibMpf(7) 30% Cerro de Pasco (2). 31 Certain-teed Prod 17% Certain-teed pt. 397 Ches & Ohto (2.80). 34 Ches-Corp (2%).... 1% Chi & E Il pf (K)... 113 Chi Great Western 515 Chi Great West pt 2 Chi Mil St P& Pac.. 31 Chi Mil St P &P pf.. 3% Chi & Northwestern 3% Chi Pneumatic Tool 14% Chi Pneu Tool pf. 1% Chi R | & Pac (k % CRI&P7% pf 914 Chi Yellow Cab (1 19% Chickasha C O (2) 3% Childs Co 29Y% Chrysler Corp (1) 17% City lce & Fuel (2). 67 Citylce& Fof6%. 1% City Stores (K). . ... 8% Clark Equip (80¢) 95% Coca-Cola (t7). 9% Colzate-P P (59¢) .. 6813 Colg-Palm-P pt 16) 10 Callins & Aikman. . 2% Colo Fuel & Irontk) 10% Colo Fuel & Ir pf (k) 6% Col Gas & Klec... 52 Col G & Elpf A (6). 21' Colum Pic vte(ml), 58 Colum Carb (3.40).. 18% Comel Credit (2)... 15 2315 Comel Cred pf (1%) 130s 91% Comcl C 15t LE(6%) =03 24 Comcl Credit(B)(2) 1008 35% Comel Inv Tr(t2%) 91 Comel Inv cv pf(e6) 15% Comcl Solv (60¢)... 1 Comwith & South 21% ComwIth & S pf (6) 22 Congoleum-N (1.60) 32 ConnRy &Lt (43%) 5% Consol Cigar. . 1% Consol Film. . 10% Counsol Film pf (§2). 18% Consol Gas N Y (1). 44% 1% 654 15% ERFEFFISFEFFESN PLATINUM OUTPUT UP. NEW YORK, January 3 (#).—The South American Gold & Platinum Co. reports an increase in crude plati- num production of 53 per cent. and in ( crude gold production of 25 per cent in the first 11 months of 1934 over the same period in 1933, Platinum production amounted to 23,960 cunccs, compared with 15,613, and gold pro- duction was 35,399 ounces, against 28,134, New York Deposits Record Big Rise During Last Year e FEERFIERFES F OEP § FL R LT o o T S S S IS ++Iv|+n+++-+++ - ey NEW YORK, January 3 (#).—Sub- stantial increases in deposits at the end of 1934, as compared with the Beginning of the year, were reported by five large New York banks. The Chase National Bank on De- cember 31, 1934, reported deporits of $1,709,792,000, compared with $1,364,- 339,000 December 31, 1933. Guaranty Trust Co. of New - York reported deposits of $1,260,06%,445 at| the end of 1934 and $1,019,582,652 at the end of 1933. Bankers Trust Co. had deposits. of $882,988,030, against $611,725,753 a year ago. Chemical Bank & Trust Co. had de- posits of $476,498,000 at the end of 1934, against $327,498.000 a year ago. - et IR Rt S A FE OEFFIES 104% 29% :9% 53y ETis 114% 114 lllVr 21% Z‘!t 14 30% -% % +1% +wul 2 +1% l'l‘» SEESPPEPFEFFT 127% 78 6% Container Corp (A). 2% Container Corp (B). 5% Contl Baking (A)... % Contl Baking (B)... 56% Contl Can (2.40) 6 Contl Nlamond Fil 238% Contl Insur (+1.35). % Contl Motors..... 15% Contl O Del fllfifle\ 40% Corn Ex Bk & Tr(3) 65% Corn Prod Ref (3),. 3% Coty Inc 28 Cream of Wht 'H‘. 18% Crown Cork & S (1) 85% Crown C&S pf(2.70) 3% Crown-Zellerback. . 17 Crucible Steel 7% Cuba Co. 31y Cubin-Am Sugar. 20% Cuban-Am Sugar pf tso 87 Cudahy Pkg (2%5).. 13% Curtis-Publishing. . 43% Curtis Pub pf (§6).. 23 Curtiss Wright. ... 5% Curtiss Wright (A) 11 Cutler Hammer.... 104 Deere & Co..... 10% Deere & Co pf (40¢) 85 Delaware & Hudson 14 Del Lack & West... 29 Devoe & R (A)(12), 21 Diamond Match (1) 28Y% Diamond M pf (1%) 82 Dome Mipes (+3%) 11 Dominion Strs(1.20) 144 Douglas Aircraft. .. 84 Dresser Mfg A h14 3 Dunhill Internatl %0 Du Pont de N (2.60) 90 Duquesne Lt 1st (5) 4% Eastern Roll Mills, 79 EastmanK (t14%).. 124 Eaton Mfg (1)...... 15 Electric Auto Lite.. 80 Elec Auto Lite pf 7. 3 Electric Roat, 4% E1 & Mus Ind. % Flec Pwr & Licht 6 FElec Pwr&Lt $6 nf. 6% Elec Pwr& Lt $7 of. 84 Elec Stor Bat (2%). 10% Enz Pub Svc $5 pf... 9% Erfe R R 7 Eureka Vac C1(80¢). 9 Evans Auto P(50c). &% FairbanksCopf.... 7 Fairbanks-Morse. .. 2 Fed Screw Works. . 1 Fed Water Sve (A). 23% Fid Ph F Ins(11.35) 87 Filene's pf (61). 134 Firestone (40c) ... 53 First Nat Strs(21%) 2 Follanshee Bros (k) 10% Food Mach (a2ic).. R15 Foster-Wheeler 55 Foster-Wheeler pf. 6Y% Foundation Co. 174 Fourth N Inv(h85c) R1 Fox Film (A) 20 Franklin Simon pf.. 21% Freeport-Texas (2) 1% Gabriel Co (A). . 8 Gamewell Co....... 5% Gen Am Investors.. 73 Gen Am Inpf ww 6. 30 Gen Am Trans(1%) 12 Gen Asphalt. 612 Gen Bakinz ( 5 Gen Bronze 2% Gen Cable.. 4% Gen Cable (A). 141 Gen Cable pf. 27 GenCigar (17)..... 167 Gen Electric (60¢c). 11 Gen Elec Spe (60c). 28 Gen Foods (1.80)... % Gen Gas & El (A) ... 50 GenItal Ed (h3.39). 51 Gen Mills (3).. 103 Gen Mills of (6) 24% Gen Motors (1) 89% Gen Motors pf ( 101 Gen Print Ink (1), 731 Gen Prig Ink pf (6) 2 Gen Public Service. 1 Gen Realty & Util... 10 Gen Refrac ctfs..., 81 Gillett Saf Raz (1). 47 Gillette Saf R pf/(5) 15% Glidden Co (1.15). 83 Glidden Co pr pf (7) 3% Gohel (AdoIf) . ..... 16 Gold Dust (1.20)... R Goodrich (BF) 35% Goodrich (B F) 1813 Goodyear T & Ru 64 Goodyear $7 pf (4). 27 Gotham Silk Hos: 381 Gotham S H of (7). 1% Graham-Paig 4 Granby Consol. 4 Grand Union. .. 23 Grand Unlon pr (3). 28 Grant (WT) (1)... 12% Great Northern pf.. 815 Grt Nor Oreg(h50e) 25 Grt West Sug(2.40) % Guantanamo Sugar. 5 Gulf Mobile & N.... 12 Gulf Mobile&N pf.. 3% Hahn Dept Stores. . 25% Hahn Dpt Stores pf. 13 Harb Walker (50¢). 1% Hat Corp (A) - 1% Hayes Body T4 Hazel Atlas Gl (5).. £9 Hercules Pw (13%) 111 Hercules Ppf (7).. 4814 Hershey Choc (3).. 83 Hershey C of (+5). 5% Holland & Son (50c) 11 Houd-Hersh A §2%. “ 8 Houdaille-Hersh B 43 House Fin of (3%) 121 Houston Ofl. . 215 Houston Oil ( 3514 Howe Sound (3).... 6% Hudson Motor Car. 17% Hupp Motors....... —————— 12% 37% 46% 137 13% Illinots Central .. 19% Indus Ravon (1.68). 491 Incersoll-Rand(t4) 344 Inland Steel (h50c). 2% Inspiration Copner. 23 Insur-Sh ct Md(10¢) 5% Interboro RpTr k). 214 Intercont] Rubber.. 4 Interlake Iron. 2 Int Agriculture. ... 15 Int Agriculture pf.. 131 Int Bus Mach (p6). 43 Int-Carriers Ltd 20¢ 18% Int Cement (h25¢). 23% Int Harvester (60c) 110 Int Harvester pf(7) 2% Int Hvdro Elec (A). 2 Int Merch Marine 21 Int Nick Can (60c). 2 Int Paper & Pw (A) Int Paper & Pw (C). 81 Int Paper & Pw pf.. 9 Int Print Ink h50c.. 66 Int Print Ink pf (6) 21 Int Rys Cent A ctfs. 21 IntSalt (1%)...e00 38 Int Shoe (2) 19 IntSilver.. 59 Int Silver pf (4). T% Int Tel & Tel. 214 Tnterstate Dept Strs 21% Int Dept S pf (37).. 24% Island Crk Coal (4). —_— 66% 7 10% 18% 4% 20 21% 23% T% 22% 33% 39 Johns-Manville.... 45 Jones&Laugh 7%pf —_— 6 KaufmannDeptS40o 13% Kayser(J)&Co h50c 1 Kelly Spring Tire. . 5 Kelly Sp Tire 6% pf 11% Kelvinator (170¢).. 16 Kennecott (h45¢c).. 3 Kinney (G R) Co 13% Kresge (SS) (1).... 231 Kroger Gr&Bk 1 60. —_— 2NY 14% 14% 20 90 3 16% 21% 8 43% 24 ll l% 22% Lambert Co (3) 5 Lane Bryant 7 Lee Rub&Ti 11 Leh Port Cement. .. 73% Leh Port C pf (3%) 21 Lehigh Valley Coal. 5 Lehigh Val Coal pf. 9% Lehigh Valley R R. 64% Lehman Corp (2.40) 22% Lib O-Ford G1(1.20) 17% Life Saver (1.60)... T4 Ligg & Myers B(15) 16 Lily Tulip Cup(1%) 15% Lima Locomotive. . ~11% Link Belt (60c) 16% Liquid Carb (11 20% Loew's Inc (1). 1% Loft Inc.... 1 Long Bell Lum (A). 83% Loose-Wiles (2).... 1 1 2 65 3 o [ [T =N S [y » ) 0N B e @ et A Tt s 107% 54 1Nh - % 4 +1% |4+ [l - & + +EbE 1A+ P 16% 4% 18 4% 6% 34's REN, 11% 25% 15 4% 9814 105% +1 1 I+04+10 i BFE BEErEs tEy 2% £ FERE BRS & R %, ™ 1191 115 18y 184 284 2815 107% 4 TLLEL 44 440 EELER T 2% aFn 15 [ LI+l 44444+ 44+ + ©° P I I ® RESPESIPERLRY & R e T o R o o o S o I S I I} roEy I e+ +4+ LR FEPEJRFEISE FRFE FEEFP F2 ++++v+l+> 99% +1% 97 32 :g% @ 1% McCrory Strs A (k) 11% 33 60 Ludlum Stl pf (6%) 24 McCall Corp (2).... 1% McCrory St (k) 5% McCrory St 28 McIntyre Porcu (2) 79 McKeesport T P (4) 4% McK 11% McKesson & Rob pt 1 McLellan Stores (k) 22 Mack Truck (1).... 85% Macy (R H)& Co(2) 2% Madison Sq Garden, 15% Magma Copper (2). 7% Mallison & Co pt. .. 1% Manati Sugar pt (k) 20 Man Elev gtd (k).. 10% Man Elevm g (k). 10% Manhat Shirt (60c). 4% Marancha Corp.... 5% Marine Midld (40c). 3 Market St Ry pr pf. 17 Marlin-Rockwell(2) 8% Marshall Field..... 4 Martin Parry.. 23% Mathieson Alktl‘/.) 30 May Dept Str (1.60) 4% Maytag Co...... 26 Melville Shoe (2). 3% Mengel Co.... 20% Mesta Mach (14 21 M-G-M Pic pf(1.89) 2% Miami Copper..... 94 Mid-Cont Pet(h50¢) 6% Midland Steel Prod. 44 Mid Stl P 1=t pf (4). 36 Minn-Hon Rez (2).. 1% Minn Moline Pow. . 16% Minn Moline Pow pt 4% Mo Kan & Texas. .. 12 Mo Kan & Texas pf 1% Mo Pacific (k)..... 2% Mo Pacific pf (k)... 12% Mohawk C M (h25¢) 89 Monsanto C (1).... 20 Montgomery Ward. % Mother Lode. . 15% Motor Products. 6% Motor Wheel 54 Mullins Mfg 12% Mullins Mfg pf. 3% Murray Corp . 14 Myer(F E)&Co _— 82% 8% 13% 128, 49% 1453% 28% 18% 5% 28% 3% 170 40% 16% 27% 19% X 25 94 6% 284 37 851 116 9% o 12°% Nash Motors (1) 3% 5% Nat Aviation, . 3% Nat Bellas H of lk) Nat Biscuit (2). Nat Biscuit pf (7). 12 NatCash Reg A S0¢ 13 at Dairy Prod 1.20 1 Nat Dept Store (k). 5 Nat Dp St Ist pf(k) 16 Nat Distillers (50':) 135 Nat Lead (5) 6% Nat Pwr & Lt (80c) 34 Nat Steel (1) 10 Nat Supply Co. 88% Nat Supply pf. Nat Tea 160c). Glh Neisner Brothers. . 92 Newberry(JJ )n(('l) 5'4 Newport Industries 18% New York Central., 11% N Y Afr Brake. . % N Y Investors (k).. 6 N YNH & Hartford 103 NYNH&Hbpt. 4'4 N Y Ontario & Wes 9% N Y Shipbldg (40c). 73 N Y Steam pf (6).. 90 N Y Steam 18t (7).. 0% Noranda Mines (h2) 82 Norf & West pf (4). 2% North Am Aviation. 10% North Amer (1).... 47% North Am Ed pf (6) 1414 Northern Pacific. .. 33 Northwest Tel (3). 9 NorwalkT&R pf314 257 131 815 Ohlo Oil (h45¢).... 2 Oliver Farm Equip. 9 Oliver FEqprpf A. 12% Otis Elevator (60c). 3% Otis Steel..... 9 Otis Steel pr pf. 60 Owens-Il1 Glass (4 1% Pacific Coast..... . 128% Pacific G & E (1%). 20% Pacific Lighting (3) 69 Pacific Tel & Tel (6) 103 Pacific T & T pf (6). 51 Pac W'n Oil (h40c). 2% Packard Motor ... % Panhandle Prod&R. 1%, Par-Publix ctfs(k). 214 Park Utah...... 1 Pathe Exchange. .. 10% Pathe Exchange(A) 4 AT nw—ne o - © @ 3 ReE ~XaaXacnonomen Y2 Patino Mines. ... 117 45 84 97% 119'% VY% 14% 80 19% % 15 1 Peerless Motor 44% Pennick & For 613 Penney (J C) 1.20. 2% Penn Dixie Cement. 20% Penn RR (h1).. 33 Peoples Drug S..... 86 Peo Drug S pt (6%) 19% I'eoples Gas Chi. ... 1314 Pere Marquette pf 9% Pet Milk (1). 8l Petrol Corp (h 5N 13% Phelps Dodge(h75¢) 24% Phila Co $6 pf (3)... 3% Phila & Read C& I 11% Philip Morris (1). 13% Phillips Petrol (1) 4% Phoenix Hosiery %, Plerce-Arrow (k). %, Pierce Oil 1814 Pillsbury Flourl 60. 414 Pitts Screw & Bolt. 1'4 Pitts United Corp... 1%, Pittston Co...... i% Plymouth Oil g75¢ 6 Poor & Co (B). . 10% Postal Tel & Ca pf. 1% Pressed Stl Car (k). 5% Pressed Stl C pf (k) 331 Proc & Gamb (112). 102 Proc & Gam pf (5). 5 PubServNJ (2.80) 67 PubServ N J pf (5). 78 Pub Serv N J pf (6). 105 Pub Serv N J pf (8). 45% Pullman Inc (3) 6'4 Pure Oil. 49 Pure Oil pf % Purity Bakeries (1) 4% Radio Corporation. 23% Radio Corp pf (A).. 15 Radio Corp pf (B).. 1% Radio-Keith-Or (k) 14} Raybestos-Man (1). 354 Reading (2)....... 5 Real Silk Hosiery. 35 Real Silk Hos pf 6 Remington-Rand. 10% Republic Steel 331 Republic Steel pf... 15% Reynolds Metals(1) 6% Reynolds Sp (40c).. 57 Reynolds Tob (3).. 39% Reynolds Tob B (3). 5% Ritter Dental 207 Roan Antelope Ltd. 285 Royal D(h1.35 3-10) 4% Rutland RR pf.... ————————— 57 108 13% P 4% New York Cotton 88% Safeway Stores (3) . 84% Safeway Strs pf (6) 98Y Safeway Strs pf (7) 15% St Joseph L (h30c) . 1% St L San Fran (kK).. 8% 1 91 80% 12% 1% 92 +1 80 12% 11% = % 64 + % 42% +1% 96% +1% % 40% -1 4% - P41+ 4+ P o; AR AN [l & e 7 2314 29%, ol 2% 29% 5% 45% 45% 45% 108% 10t% 1z 11z 16% 17% 1% 1z 175 1% i +o + 13 St Louis Southw pf. 5% Savage Arms 17% Schenley Distillers. 3 Schulte Retall Strs. 16 Schulte Re Strs pf. 1% Seaboard Air L ¢k). 20% Seab’d O11(Del) (11) 31 Sears Roebuck..... 32 Sec Nat Inv pf (32). 4% Servel Inc... ..... 5% Sharon Steel Hnfln. 4 Sharp & Dohme. 6% Shattuck (FG) 25c.. 19 Shell Transp't h75c 6 Shell Unton Oil. 57 Shell Union Ofl pf... 8 Silver King C M 40¢ 814 Stmmons Co. . . 7% Simms Pet (h55c) 15 Sloss-Sheffield. . 18 Sloss-Sheffield pf. 6% Snider Packing. 1215 Socony-Vac (60c). . 20 So Por Rico Sug (2) 10% South Cal Ed (1%). 147 Southern Pacific. .. 11% Southkern Railway.. 14 Southern Rwy pf.. 30 Spng Chlfnt pf (j1). 2% Sparks-Withington 2 Spear& Co.. 15% Spencer Kellog 1 58 Sperry Corp (25¢).. 21% Spicer Mfg pf (3).. 19 Spiegel-May-Stern. 17% Stand Brands (1). 121% Stand Brands pf (7) 3% Stand Gas & Elee. . 10% Stand G & E1 6% pf. 13% Stand G & E1 7% pf. 261 Stand Oil of Cal (1) 96 Stand Oil Exp pt(5) 22% Stand Oil of Ind (1) 89% Stand Oil NJ(t1%) 6 Starrett L'S (h50c). 47% Sterling Prod(3.80) 1 Sterling Secur (A). 3 Sterling Secur pt.. 41 Stewart-Warnor. .. Stone & Webster. 1% Studebaker (k) . 10 Studebaker pf (k) 11'% Superheater 1% Superior Oil 4% Superior Ste 31 Sweets Co of Al 7% Telautograph (1).. 2% Tennessee Corp % Texas Corp (1). . 50 Tex Gulf Sulph (2). 214 Tex Pac Coal & Oil. 6% Tex Pac Land Trust 8 Thatch Mfg (h25c). 39 Thatcher Mf pf 3.60 2% Thermoid Co. 10 Thempson Products 13 Thompson Starrett. 8 Tide Water Asso. 641 Tide W A pf (§ = 80 Tide Wat Oil pf 3% Timken-Detroit 24 Timken RE (1) 5% Tians 4% Tran: 2 T merica h2ie. e & Williams ntl Corp. 60% Tri-Contl pf (6) 83 Trico Prod (2%). 3% Truscon Steel .. 6 TwinCity RTpf... 39% Un Bag & Paper 457 Un Carbide & C 1.40 11% Un Oil of Calif (1). 90 Union Pacitic (6) ... 71% Union Pacific pf (4) 15% Un Tank Car (1.20). 8 United Atrcraft.. .. 3% United Air Lines&T 21% Unit Biscuit(1.60).. 85 United Carb (2.40). 2% United Corporation. 21% United Corp pf (3 9% United Drug..... 3%, United Drewood. 3% United Eec Coal. 59 United Fruit (3).... 11% Unit Gas Imp (1.20) 86 Unit Gas Imp pf (5) Unit Piece Dye Wks 1% U S Distributing... 6 US&For'n Secur. . 63% U'S & For 1st pf (s) % U 'S Leather. . S Leather (A). % U'S Pipe & F (50c)+ 4 U S Realty & Imp 11 U S Rubber. 24% U S Rubber 1s 96 U S Smelt & R nm 545 USSm& R pf (31%) 19% United States Sleel. 67% U S Steel pf (2).. 4 United Stores (A).. 40% Univ Leaf Tob (2).. 7 Univ Pipe & Rad. .. 4% Univ Pipe & Rad pf. s Util Pwr & Lt (A).. 3 Vadsco Sales Corp.. 14 Vanadium Corp 414 Van Raalt 245 Vick Chem % Va-Car Chemical. -Car Chem 6% DI ar Chemn 7% pf \ De —_— 12 Wabash pt B (k)... 4 Waldorf Sys (h2ue) 17'¢ Walgreen Co (ml). 24 Walworth Co. . 1% Ward Bakingz (B) 2% Warner Bros Pic... 15 Warner Bros Pic pf. 1 Warner-Quinian. 3% Warren Bros 15% Wesson O&S 1871p¢ 521 Wesson O & S pf(4) 51% West Pa Elec pf (7) 10s 20 1 40 4 108 4 508 15 15 1 20 10 4 11 7 3 10s 3 6508 2 13 x 508 4 52 108 10 3 H 2 0 1 1 25 20 19 3 5 lfi g 9 CEED 0 R 00O i 0000 00 b 8 " 108 80s 2 6 11 1 60s 8% West PennPw pf(6)x 10s 7w Western Maryland. 4% Western Pacific pf. 29!3; Western Union.... 15% Westingh'se AB 50¢ 27" Westinghouse Elec. 1474 Westvaco Chl (4¢) 241 Wheel & Lake Erie. 11's Wheeling Steel. 15 White Motor. 2 Wilcox Oil & 27% Wilcox Rich A( 43, Wilson & Co.. 12% Wilson & Co (A). 53 Wilson & Co pf (37) 41% Woolworth (2.40).. 16% Wright Aero....... 54% Wrigley(W ir)13%. _— 222 14 Yale & Towne (60c) T 22% 13 Younz Sp& W (1) 33% 12% Youngstown S& T 59% 34 2% Yellow Truck. Y'gst'n S&T pfA5 % 3% Zonite Produects. .. Sales of swcn on the Nuv Yurk Exchange. lus n abie 0 Cash oF stock Stock” X Ex divi 1 6 20 24 10s 1 . 6.08 10 Dividend rates as given in the ahove tab [ cash payments based op the latest quarterly or declarations, s Umit nl trading less than 100 shares 1 Pll’ll! extra 3 Plus 9cvin stock s Faid last b P stock ock, e Pay: dlndend- paid this yea: ing reorganized. m Plus 5% Stock © Prus 2% in T h Paid this year f Plus$i in special preferred k Companies reported in receivership | ] dend” 20 3 2T% 3% 181 ) Number of Firm Spots De- velop After Early Hesi- tation. 25T 40 BY VICTOR EUBANK, Associated Press Financial Writer.® el NEW YORK, January 3.—After % | Initial hesitation the stock market de\eloped a number of firm spots to- + % dB)‘ The trend was moderately up- + % Ward in the late afternoon. Advances |of around a point or more were |Tecorded by Case, Johns-Manville, Umled States Smelting, Cerro de % | Pasco, Continental Can and Ligzett & % | Myers B. United States Steel and ', American Telephone were improved. | Transfers approximated 1,100,000 : shares. Shares of Allied Chemical found a following for a gain of about 2 1 | points, United States Smelting was up { @ much and Goodyear, Johns-Man- ! vilie, Continental Can and McIntyre ‘a‘ Porcupine advanced a point or so %2, each. Continental Can reached a new %! top for the year. Fractional improve- ‘mmt was shown by Americen Can, ‘L’: Du Pont, American Telephone, Wil- |son & Co. A, Radio preferred B, 14 4| Cerro de Pasco, American Smelting, " ' Studebaker and International Cement. 1, Such reils as New York Central, % : Santa Fe and Southern Pacific drifted + w lcwer, along with Public Service of +1% | New Jersey, Consolidated Gas and - % . North American. There was virtually — %|no change in United States Steel, | Bethlehem, Montgomery Ward, Sears | Roebuck, J. C. Penny, National Dis- tillers and numerous others, The introduction at tie new con- gressional session of the soldiers’ bo- nus bill by Representative Patman, calling for immediate payment to vet- erans the face value of their adjusted service certificates, created no partic- ular market stir in view of the fact that this action had been expected. The specrlative fcrees were divided in their hopes and fears of what Con- gress may do. Some, cf course, are still pluzging for the inflation bloc on the theory that a drastic currency program will give stccks an upward whirl. But others—and these seem to be somewhat in the majority—feel that a conservative administrative course, With ascurances of no further monetary man.pulation. will furnish more of a constructive market motiva- tion than anything else, BEELFELS FFEP |+|+ ¢l||+|| % | BY the Associated Press, CHICAGO, January and corn sco. "d late aa’ today on partiy to 1+ nflation talk was acsociated with bills introduced at Washingion by various Con; Closing of | spreads in whe 1 here and ed, % to 1 s finish, May, R | higier, May, 1 ' iup, and prov varying from 17 cenis gain. iizh. Low Cloce. N A I future \ LIV EI‘PVOL Jenuary ci0seq steady +4++4 4100 44+ « Frov Wash (41 103 St Paul Fire 16) Springfield (412) Sun Life Travelers (161 ... jus mee w70y JII2000 Westchester (*1.40) . IRl 0 *Including extras. iDeclared or paic so far this year. MONEY MARKET. NEW YORK. January 3 @ money steady: i per cent all day, loans steady: G0 days. 6 months. 34 Prime commercial paper. s " acceptances. unchanee "w York Reserve Bink. 1 Steel Cabinets Chalrs IXCHANGI Office Equipment Office Furniture BAUM’S 1416 Eye St. N.W. % M+ u NAtional 2184, 3 Accumulated ANNUITIES Plus 3% i By the Associated Press. NEW YORK, January 3.—Cotton futures opened barely steady, changed to 3 points decline in re- sponse to lower Liverpool cables and under moderate liquidation. January, 12.55; March, 12.68; May, 12.76; J\lly, 12.82; October, 12.65; December, 12.7 There was & moderate volume ot business at the opening. un- Scattering liquidation and some selling on the reactionary showing of Liverpool was absorbed by continued gemand from the trade and some buying through houses with foreign connections which appeared to be coming partly from Japanese interests and Bombay. Prices held fairly steady but worked off slightly after the call, with March selling around 1267 and July 12.80 at the end of the first half hour, or Bombay buying, with prices later re- acting under lccal selling influenced by an easier turn in the market for Egyptian cotton at alexandria. tations for Achmouni in Alexandria were 2 to 14 pionts lower, with Sake- laridis showing a decline of 16 to 21 points. traders awaiting ‘Washington. LIVERPOOL, 19.000 bales mand: The market was quiet later in the morning, with business restricted and developments in There was selling of late months attributed partly to liquidation while the trade continued | ®*"HifS to buy March and May, which led to some narrowing of the differences. At midday March was selling around 12.67 or 3 points net lower, while Oc- tober at 12.60, showed a net loss of 7 points, with active months generally showing net declines of similar amounts. Liverpool Quotations. January 3 (.—Cotton, Im‘.llldeinl 3,300 Quo- 385 firm. standards conds. ens. 12al9; (92 score) Cheese changed. American. ices 1 point American mixed colors. 16al ducks. white Peki steady. January. a9L March, 8.90: Ma July, 6.84; Dece: NEW YORK PRODUCE. NEW YORK. January 3 (.—Eggs. 92,~ Mixed colors. or selections from fresh receipts. 34 nd commercial standards. 12230; 40 _pous Tive poultry weak. . By Towls. 13a20; grades “unchanged. ter. 20,152; firm. centralized (90 score), 31; other grades unchanged. 499.627; PHILADELP’HIA PRODUCE. muscovy, firm. lxod colors. al8: turl (e fancy. For a Limited Time Only-- tober, 6.73; Annuity contracts, provid- ing maximum income, are available at the old rates. A. W. DEFENDERFER 310 Albee Bldg. DI. 1022 special ks olhlr freight Creamery extra Prices un- ON SAVINGS MONTGOMERY BUILDING AND LOAN ASSOCIATION, INC. [ 913 15th St. N.W. NA. 6089 ckens. lewum 5. Kin: “anxed 14a15; geese. fi pr about 3 to 4 points net lower. - ' 3 The early cables from Liverpool| £5s iddling. oodv ai 17316 ordinary. 15816 attributed the slight opening ldnnee e ?fl“fldl or over. 0: d ¢ in that market to contigental and L westda. ) ’ - 4% 2214 16% Lorillard P (12.20). 130 102 Lorillard (P) pf (7). - %l 21 12 LoulsvG&E(A)1%. 2’; + # 62% 37% Louisv & Nash (h3), ) First National Bank of New York' reported $442,588,169 in decocits at the end of 1934 and $377,858,450 at the end of 1933, 7L Consol Gas pf 15).. 1% Consol Laundries. .. 14% 7% Consol Oil theZc) ... 2 6% 2% Consol R R Cuba pt, » i 1 Under U. S. Government ision at. e Supervisio; ‘pounds Ah % 20% % + lflnhlo% =1 125% 12% + 45% 45% + CLLECT T - I PP e ) ~