Evening Star Newspaper, August 19, 1935, Page 12

A-12 470,204 ACCOUNTS INSURED IN'D. G 463,878 of Total Covered Completely by Federal Deposits System. BY EDWARD C. STONE. Washington's 22 banks carried an | aggrezate of 470.204 insured accounts, of which 463.878 were wholly insured and 6,326 partially insured. on October 1, 1934, Chairman Leo T. Crowley of | the Federal Deposit Insurance Corp. | announced today in his annual report to Congress. ‘The nine national banks had 178,784 | fully insured accounts and 3,541 par- | tially insured accounts, further details fiom the report reveal. while two State banks which are members of the Fed- eral Reserve System had 113.043 full; protected accounts and 1.520 partly insured accouats. The 11 banks which are not members of the Federal Re- serve System carried a total of 172,051 fully insured accounts and 1.265 par- tially protected. The number of accounts which are fully protected makes a surprisingly high percentaze and no doubt is one | of the chief reasons for the general | restoration of confidence in Washing- | ton’s banking institutions. In addi- | tion to the number of depositors now enjoying such wide protection, Chair- man Crowley’s report includes the amount of deposits insured. As has been known for a long time, the small depositors in all the banks are com- pletely protected by insurance. On the da‘e selected for the report | the Capital's 22 banks had total de- | posits of $251.916.000. Of ‘this amount a total of $135.147.000 was insured by | the Federal corporation. A break- | down of this total shows deposits amounting to £103.517.000 in fully in- | sured accounts. $31.630.000 deposits were in partially insured accounts. while $116.769.000 came outside of the tnsured accounts The nine national banks reported $146.246,000 in deposits, divided into 4 $49.772,000 fully insured. $17.705.000 | in partially insured accounts and | £79.140.000 outside the insured zone. Percentages Reveal Safety, ' The State bank members of the Federal Reserve System had deposits | of $59.009.000. with $25.985.000 fully | insured. $7.600.000 in partly insured | Accounts and $25.424.000 uninsured | deposits in partially insured accounts. | At the same time the 11 banks not | members of the Federal Reserve Sys- | tem carried a total of $46.661.000 in | deposits, with §27.759.000 fully insured. $6.325.000 in partially insured ac- counts and $125377.000 in uninsured deposits in partly insured accounts. The safety of depositors and de- posits in the Washington banks is most clearly pictured in the percent- | age summary in the Crowley report. In the Capital 98.7.per cent of all ac- counts were fully insured on the date on which the report was based. Na- tional banks reported 93.1 per cent of their accounts as fully protected: State bank members of the Federal Reserve reported 98.7 per cent of their ac- counts as fully insured. while the banks not members of the Federa Reserve announced that 99.3 per cent of their accounts were insured. Turning to the percentage of de- posits insured. Chairman Crowley re- ports 53.6 per cent for all local banks, 46.1 per cent for the national banks, | 569 per cent for the State bank | members of the Federal Reserve and | 73 per cent for the banks which do not belong to the Federal Reserve. The report includes similar figures for all the other banks in the United States and the head of the Federal Deposit Insurance Corp. points with Justifiable pride to the results of the first vear's operations. Only nine in- sured banks were placed in receiver- | ship during the year. with insured deposits of $937.000. All but 14 of the | 15,518 depositors in these banks were fully protected. the report sa: ek ke Bank President in Hospital. Rolfe E. Bolling, president of the Liberty National Bank, was reported today to be in a favorable condition at Emergency Hospital to which he was taken last Friday from his resi- dence at the Wardman Park Hotel Mr. Bolling 1s one of the best known bank presidents in Washington. He took the presidency of the Liberty National Bank in December. 1931, | succeeding the late Edward J. Mec- Quade. At the time of his election | he was a vice president of the former Federal-American National Bank & Trust Co. and manager of the branch | office at Fifteenth and H streets. He has been most successful as the head of Liberty National. the institution growing steadily. His friends hope | he will be back at his desk soon. Junior Bankers Plan Outing. ‘Washington Chapter, American In- | stitute of Banking. will take a moon- | light, cruise down the Potomac on the | Wilson Line steamer City of Washing- | ton Wednesday, August 21. it was an- | nounced today by Francis E. Robey, | assistant cashier, Bank of Commer & Savings. chairman of the Enter- tainment Committee. This is the first vear Washington chapter has planned such an excursion and much interest | 15 being shown by the members. | Serving on the committee are | Thomas J. Norris, Bank of Commerce & Savings, vice chairman; John M. | Christie, Riggs National; Henry P. Hoffman, Second National; Donald C. | Jones, Union Trust Co.; Robert V\ Mellefont, Riggs; Richard A. Norris, | Lincoln National: Frank M. Perle: American Security & Trust C George W. Rowzee, Lincoln: Rose L.| Royce, Washington Loan & Trust Co., and Robert A. Sisson, Hamilton Na- tional. Gleaned in Financial District. Harrell Bros. & Roesch, insurance counselors, announced today that Rob- | ert S. Campbell has become associated with the firm as manager of their insurance department, representing | the Aetna Life and other ummtedi companies. L J. Roberts, assistant cashier of the Riggs National Bank and Presi- dent Robers V. Fleming's secretary, 1.!1 spending his vacation on Long Island Sound, not far from New Haven, Conn. Y. E. Booker, president of the Wash- ington Stock Exchange and head of | the Booker investment firm, will re- turn from his vacation tomorrow. M. H. Calnan, vice president and cashier of the Liberty National Bank, has returned from a motor trip through New England, going es far East as Bar Harbor, Me. Today’s Trading On Exchange. ‘Washington Market Cold Storage 5s sold at 983 on the Washington Stock Exchange today. Capital Traction 5s moved at 98%. Both Potomac Elec- tric Power preferred issues sold around recent levels. No sales were recorded in Capital Transit which closed with 15% bid and 17 asked. Firemens Insurance Co. registered s hld ox 30 with 35 asked. F P FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE By private wire ‘lrlo‘ to The Star. Prev. High. 62% 9% 331y 14% 137% Ry 1938 Low. 51 Acme Steel (12) ... 4% Adams Express 28 Adams Millis (2) . 8 Addressog’'h 415 Advance Rumley __ 6% Affiliated Pro (60c). 104% Air Reductlon (13). % Alr-Way Elec Appl. 15\ Alaska Jun (160¢c) Alleg Corp (d) Alleg pf w§30w Alleg pf w340w (d). Alleg pf xw (d) ... Alleg pr pf (d) Allegheny Stl (1) Allied Chem (6) Allied Stores Allied Stores pf (5). Allis Chalmers Alpha Port Cmt (1). Amal Leather__ Amerada Corp (2) Am Ag Ch Del (2) Am Bank Note Am Bk Note pf (3). Am Brk Shoe (1) __ Am Brk Shoe pf (7) AmCan (14) __ Am Can pf (1) Am Car & Foundry _ 2 Am Car & Fdry pf_. Am Chain Am Chain pf : Am Comel Alcohol . Am Crystal Sugar. Am Encaustic (d) Am European See _ Am & Foreizn Pwr_ Am & For Pw $6 pt Am & For Pw $7 pf_ Am & For Pw 2d pf_ Am Hawaiian S5(1) Am Hide & Leather. Am Hide& Lipt Am Home Pr (2.40). Amlce ._____ Am Internation: Am La Fran pf «d) .. Am Locomotive Am Locomotive pf . 2 Am Mch & Fy (80¢c) Am Mch & Metals__ Am Mch & Met vte_ Am A Am Power & Light_ Am Pw & Lt $5 pt « Am Pw & Lt $6 pt. 1 Am Hadiator Am tlolling Mills_. Am Seating vie Am Shipbldg (2) Am Smelt & Ref Am Steel Foundry_. Am Stores (12)____. Am Sugar (2) Am Sug pf (1) Am Sumat Toh (1) Am Tel& Tel (4)_ Am Tobacco (5) Am Tobacco B (5 Am Type Fdrs (d) Am Type ¥ pf (d) Am Water Works_. Am Woolen Am Woolen pf Am Writ Pap (d)_ Am Zinc & Lead _ Anaconda Copper_. Anaconda Wire __ Anchor Cap (60c) . Andes Copper Archer Dan M (11). our of Illinois _ m'r (1 pr pf (6) €'z Armsirons Cork ave Arnold Constable. Artloom Corp 2 Asso Dry Goods Stock and 128% 119 146 110 168 1513, 245, 9 213, Iyies 267 112 9 100%, Atlantic At Gulf&W Ind Atlantic Lef (1) Atlas Pwr pt (6) Atlas Tack 15 Auburn Auto 5'2 Ausun Nichols « Aviation Corp(Del) 1'; Baldwin Loco «d) _ 7'2 Baldwin Loco pf (d) 71, Baltimore & Ohlo _ 'y Baltimore & Oh pf 1008 Bamberger pt (613) 3l Barker Brothers “» Barnsdall . « 1091 eth Steel pl(al¥ 14% Bizelow-San Corp 4%, Blaw-Knox 103'¢ Bloomingzdale pf(7) 2814 Blumenthal pf 'y Boclng Airplane Bohn Alum &Br (3) Bon Ami (A) (i4) Bon Ami (B) (72)_ Botden Co (1.60) « Borg Warner (114)_ 3% Boston & Maine 2 Botany Min (d) A _ Bridzep't Brass 40¢ « Bristol-Myers (72). 6'2 Bkiyn-Man Tr (3)__ 90 Bklyn-Man T pf(6). 15 Bklyn & Queens 14 Bklyn& Qptf - 43 Bklyn Union Gas(5) 3% Brunswick-Balke _ 4'¢ Bucyrus Erie ” £'y Bucyrus Eriecv pf_. 3¢ Budd(k G)MIg 23 Budd(E G)Mfg pf_ 212 Budd Wheel Rlg Bullard Co __. 2% Bulova Watch 4 Burns Bro pt (d) 13% Burr Add Mch(60c) 1 Bush Terminal «d). *« Butterick Co (d) ... 11% Byers (A M) __ 32 Byers (A M) pf 20% 60 421, 1 4 224 3012 California Pkg (1) 's Callahan Zinc 2'; Calumet & Heela _ 713 Campbell-Wy at0e_ ®l4 Can Dry G A (4ve) - 50 Canada Southn (3)_ 9 Canadian Pacific 4% Capital Admin (A) - 3213 Cap Adm pt A (3) _ 85 Car Clin&O sta (5) - 45% Case (J 1) Co 3613 Caterpillar Tr (1) 193 Celanese Corp .. 174 Celotex Co (d) 34 Central RRof NJ 6l Century Kib Mills - 38% Cerro de Pasco (4)- 3% Certain-teed Prod .. 3 Jertain-teed Prpf._. 7'x Ches & Ohio (2.80) 6 Chesapeake Corp(3) 7% Chi & Kast 11l pt (d) S Chi & Grt West (d)_ 15% Chi Mail urder (11) '« Chi Mil StP&P (d). “ Chi M StP&P ot (d) 4% Chi P'neumatic Tool 20 Chi Pneu Tool pt._. % Chi R I1&Pac (d) 1% Chi K 1&P 6 1% Chi R 1&P 7% pfid) 253 Chickasha C O (2) . 313 Childs Co _ 9 Chile Copper 31 Chrysler Corp (t1). 16 City lce & Fuel (2). 87 Ciy lce&F pf(6%3). 3% City Stores _ 12% Clark Equip (80c) .. 27% Clev Graph Br (11). 20 Cluett Peabody (1)_ 110'% Cluett Peab pf (1) Coca-Cola (§) » Colgate-P-P (50¢c) .. Colgate-P-P pf (6). Collins & Atkman 105'2 101 2,0 59 1011% BN 281y 13% 14 8615 12 Colo Fuel & Ir 1d) 6% Colo & Sou 2d pf. 35 Col Gas & Elec 3513 Col G & E pf A (6) 31 Col G & E pf (5) 3413 Colum Pie vie (11). 67 Colum Carbon (4).. 3913 Comel Credit (2) 5614 Comel Inv Tr(2.80) 98% Com 1 T cv pfis%. 115% 111 Comel 1 T ¢v pf (6) l'll(v Comel Solv (t60¢c) 2 Comw & Southern _ 291, Comw & Sou pf (3) 27 Congoleum-N(1.60) 9 Congress Cigar ___ 23% Conn Ry&Lt (4%) . 41 Conn R&L pf (43%). 7 Consol Cigar < 71 ConC pr of ww 6% 34 Consol Film 144 Cons Film pf($1%). 157 Consol Gas N ¥ (1) s Dividend Rate. Adfl 00. !llb‘ 3 65 o BARDRumEEe o & 5 Pk R LR Re w? 27 697 Collins & A1k pt (7)x 20s 13 Colo F & 1 pf «d) __ 130s 10s 549 20s 10 8 26 zs 220 388 T 3 1 408 10s 5 30s 4 3 57 Ry 31 12% 13% ql. 140% a9 101% o 17 B Bl 47 e 68% 101%2 100 19% 2%, 60 587 100 1113 113 113 + % THE EVENING STAR, WASHINGTON, D. C, Net. Low. Close. Chge. 57T Bly 3% - W - % + W - % + 1% =0V -4 ~1% — & 5l —1% 208 —1% 1049 = 10% — | 12% — 3, A0+ n 941, 14, 65% — % 5215 — 3 z« —1s a4 The — 1y 53% — 11 5% — 1 48 450 — 1Y 45'; — 1'% 2 1% 32 ~ 134 Tn + 21 — 1 2 T = 2614 — 74 Zagg —1% Prey. High 1011 48 10t 12 1% 135 5l 98 1% 100 4“4 200 12 a41y 106 10950 45 108 24'% 1638 Stock and Bales— Low. Dividend Rate. Add 00. 72\ Consol Gas pf (5) .. 1'4 Consol Laundri 108 Consol Oil p! s Consol Textile_ 8% Container Corp (A) 27 Container Corp (B) 415 Contl Baking (A)__. * Contl Baking (B).. 62% Contl Can (2.40) 7 Contl Dia F (a30c)_ 2874 Contl Insur (11.20)_ * Contl Motors _ 151 Contl O Del(a37%¢) 413 Corn Ex BK&Tr (3). 50»- 62 Corn Prod Ref (3) 41 Coty Inc 257x Cream of Wh (12)_. 1215 Crosley Rad (a25c) 231; Crown C&S (1) 312 Crown Zelleb'k vte. 14 Crucible Steel 4713 Crucible St 1 CubaCo _ 5'x Cuban-Am Sugar 40'; Cuban-Am Su 40 Cudahy Pkz (2 15 Curtis Publishin 891 Curtis Pub pf (7). 2 Curtlss Wright 614 Curtiss Wright (A) 61 Cushmans pf (8) 16 Cutler Hammer 101 86 108 29 & Davega Store, 223 Deere & Co Deere&Co pf ($75c). '2 Delaware & Hudson 11 Del Lack & West__ 15 Den & R G W pt 65 Detroit-Edison (4)_ 261; Diamond Mtch $115. 34'x Dome Mines (12) 6% Dominion Storei 171> Douglas Aircraft 1313 Dresser Mfg A bl13 6 Dresser Mfg B 2 Dunhil Internatl _ Duplan Silk pf (8)_ #6% Du Pont de N(2.60) 3% Eastern Roll M1lls_ 110'3 Kastman Kod (15) . n Kod pf (6) ton Mfg (1) inzton-Schild lec & Mus [nd cl‘\v&l(lfipl’ e Pw & Lt $7 pf_ o Stor Bat (214). Horn Coal (d) __ Horn C pf (d) _ ingineers Pub Sve Eng Pub Sve $5 Eng P8 $5.50 nf ww & Pub Sve $6 pf__ rie R R 1st pf eRR2dpf . ureka Vac C (80¢c) vans Prod (al)___ Exchanze Buffet 1408 s Fairbanks Co Fairbanks Co pf Fairbanks Morse Fairbanks M pf i3% 20s Fed Lt & Tr __ 6 Fed Motor T (al0c) 1 Ked Water Sve (A)_ 49 Fid Ph F In (11.20)_ Filene's (180¢) Firestone (40c) Firestone pf A First Nat Strs Follanshee Bros(d) « Food Machine (1) __ Foster-Wheeler Four Nat Iww al.10 Fox Film (A) Freeport-Texas (1). Fuller Co pr pf % Fuller Co 2d pf _ i Gamlel Co (A) 843 Gen Am I pf ww(h) 324 Gen Am Trans(13) 11% Gen Asphalt 7' Gen Baking (60c) __ Gen Baking pf (8)_ 5's Gen Bronze 2 GenCable 4 Gen Cable (A) 013 Gen Electric (60c) 11 597 Gen .\!llls 4% Gen Motor: 2 Gen Motors pf (5) _ Gen Outdoor Adv 17% Gen Print Ink(1.60) 32 93': Gen Print Ink pf(6) 1's Gen Public Service.. 80 Gen Ry Sig pf (6)__ * Gen Realty & Util _ 148 Gen Real & U pf ww 16% Gen Refractories _. 14 Gen Sil Casting pf 12 Gillett Saf Ras (1) 70': Gillett Sat R pf (3)- « Gimbel Bros m Gimbel Bros pf 23% Glidden Co (71) 1047 Glidden Co pr pf (7) 1'x Gobel (Adolf) (d)__ 14% Gold Dust (1.20) ___ 7': Goodrich (B F = 40 Goodrich (B F) pf_ 15% Goodyear T&R 70 Goodyear $7 pf (4). s Gotham Silk Hose__ 20 Gotham Silk H pf__ 14 Graham-Paiz 5'4 Granby Consol 14% Grand Un pf (1% yo 6 Grant (W T) (11)_- 95, Grt Northern pf 9'¢ Grt North Ore (50c) 26% Grt West Sug (2.40) 119 Grt West Sug pf(7) 013 Greyhound Corp .. 12 Gulf States Steel _ 48 Gulf States Stl 1st 21'¢ Hackensack W(113) 30 Hack WpfA (1%)- 4 Hall W F Printing .. 101 Hanna (M A)pf(7)- lfi Harbison Walk (1). 3 Hat Corp of Amer__ Hayes Body 2 Hercules Mot (§0c) Hercules Pw pf (7) 4 Hershey Choc (3) _ 104 Hershey Ch pf (14). 5% Holland Furnace 6% Holland & Son (50¢) 6'; Houdaille-Hersh B_ 9% Houston Oil 1's Houston Oil (new)_. 43 Howe Sound (3) « Hudson & Manhat__. 62 Hudson & Man pf 6% Hudson Motor Car_ *% Hupp Motors _ ‘\ 11 1 122 1508 1 1 24 17 68 ——— 17% 2% 1847 T 65% 76% 8% 9'3 Illinois Central .. 15 Illinois Central pf_. 2315 Indus Rayon (1.68). 464 Inland Steel (2) 2'; Inspiration Copper. 4 Insur ShMd cfs 15¢. 8% Interboro R T (d) .. 1'3 Intercontl Rubber_. 414 Interlake Iron 2% Int Agricultural - 26 Int Agricul prpf - 149% Int Bus Mach (16) . 35 Int Car'rs Ltd (20¢) 227 Int Cement (1) . 34« Intl Harvester(80c) 1% Int Hydro Elec (A)- 2214 Int Nick(Can) (60c). 114 Int Paper & Pw (A). Int Paper & Pw (B). 4 Int Paper & Pw (C). 415 Int Paper & Pw pf_. 21% Int Print Lnk (1) 2% Int Ry C A(A)ctfs 9% Int Ry CA pf__ 29 Int Salt (1%) 6013 Int Silver pf (4)- 5% Int Tel & Tel 87 Intersttae Dep Strs 705 Int Dept Strs pf (7) 61a Intertype (a2ic) * 25 island Creek C (2)_. 3815 Johns-Manv (a50c). 23 50 Jones&Laugh?%pf 490s 3% Kans City Southn.. 1314 6% Kans City South pf_ 1674 21% 23, 22 231 21% 18% 22 38 7% Kaufmann D S(80c) 15% Kayser(J)&Co a%0c. * Kelly-Spring T «d)_ 6 ly-S T 6% pId) 6 sey-H: A).. 3% Kelsey-Hayes (B). 12 Kelvinator (t50c).. 13% Kennecott C (60c) 23 Kinney (G R) Co pt. 19% Kresge (S8) (1) 22% Kroger G&B (l.ll))f 13 Nee. High. Low. Close. Chge. 101 100% 101 — Y9 4% 3% 3% 94 9% 9% 10974 1097 1097 L % 10% ~ 1% A% % 10% 3% 81y 1% 8315 2% - % * % -1% — 3 =% - % 21% - % 18% — % 12% — % 21% = W 3% - % 26% — % aov/.+ % ciation ppom that lumber vmduc-lhon@amkflcunotmlmeedmx cents. MONDAY, AUGUST_19, 1935. Prev, 1035 High. Low 23% 12Y% Reynolds 55 43 Reynolds 30% Prev. 1038 Stock ana Bales— igh. Low. Dividend Rate. Add 00. :z Laclede Gas St L. Low. Close. vuo 27 27 45% 45% + % 25 25 ~1 10 10 12% 12% 3 High. 27 815 Lee Rub&Tire (50¢) 10% Leh Port Cement _ 113 Lehigh Valley Coal. 5' Lehigh Val Coal pf._ 5 Lehigh Valley R R €7'x Lehman C (12.40) 1074 Lehn & Fink (1) _. 612 Libby McNeill & L. 21 Lib-O-Ford G1(1.20) 21 Life Saver (1.60) __ 94'4 Ligg & Myers (t4) 93% Ligz & Myers (14)B 1615, Lily Tulip Cup(1%) 1312 Lima Locomotive_ - 17ta Link Belt (80¢) 2415 Liquid Carb (11)___ 311 Loew's Ine (2) 102 Loew's Inc pf (6%3) 1 Loftine 1% Long Bell Lum (A). 33 Loose-Wiles (2) 121' Loose-Wiles pt (7). 3405 18'; Lorillard P (11.20). 14 « La Oil Ref (d) 6 10% Louisv G&EpfA 13. 2% Ludlum Steel 90% Ludlum Stl pf (61) - 46 36 113'% 104 11473 110 2]’ 10% St Joseph * 8tL-San 2'~ 1 StL-San 11t 34% 22 Schenley 4 204 8 !4 Seaboard *x Seaboard 20% Seab’d O Sec Nat | Shattueck 2 Shell Uni: Shell Uni, 8% Silver KI Simmons 613 Skelly Of 3 McCall Corp (2) . _. McCrory Stores (d). McCrory pf (d) ___ McGraw Hill Pub__ Mcintyre Poreu (2) McKeesport T P (4) McKesson & Rob McKesson & Rob pt McLellan Stores___ Mack Truck (1) Macy (R H)& Co(2) 515 Mad'n Sq Garalie . Magma Copper (2)_ Man El md gtd () _, Manhat Shirt (60¢). Maracaibo Oil Exp.. Marine Midld (40c) Marlin-Rockweil (2) Marshall Field & Co Mathieson Alk(11) Mathieson A pf (7). Mavt :, Melville Shoe Mengel Co Mengel Co pf 5 Mesta Mach (115) Miami Copper 2 Mid-Cont Pet(a15c) Mid!and Steel Prod. Midl'd Stl 1st pf(8) Minn Moline Pw __ MStP&SS Mlsln. Mission Corp Mo Kans & Texas Mo Kans & Tex p. Mo P'acific (d) 2 Mo Pacific pf (4) Mohawk C M (a Montgomery Ward Mother Lode 2 Motor Products (3) Motor Wheel (80c) x Mullins Mfg Murray Cofp 15'% Snider ¥ 11 Secon 20 132 0% South Ca Southern 2 Southern Southern Spalding Spalding 5 42 « Spicer M 3%s Spiezel 50 13% Stand Br: 215 Stand Co, 134 % Stand In 4 Stand Of Stand Of Stand Oi TR 408 + Texas Gu Nash Motors (1) \at Acme Co at Aviation Biscuit (1.60).. at Biscuit pf (1) _ Nat Cash Rz A(50¢) 13 at Dairy Pr (1.20). 27 108 104 v | trs pfd) 1“’ Distiliers (2) 83 :\(I\rn\llliflcr 108 t Ry Mex Istpf am z Thatche The Fair d Av 109 1 109 108 T s Timken- Timken [ ansam Trans & Transue&Williams. at Tea (60c) : Natomas Co (80c)__ Neisner Bros (11) Newberry J J(1.60) ewport Industries N Y Airbrake NYCentral RR “hicago & St L “hi & St L pf__ ¢ Dock pf & Harlem (3) ¥ Investors (d) Y N H & Hartford ¢ N H & Hartf pf Ontario & West " Rwyepf (d) ¥ Shipbuilding __ team 1st (T) Noranda Mines (2) Norf & West pf (4) North Am Aviation 9 North Am Co (1) 513 North Am Co pf (3) 57 North Am Ed pt (6) 13/ Northern Pacific 10 108 + Ulen & C Und-Ell- RS 24 247% Un Carb Un Pacifi Un Pacif d A d B d C; 19 18 Fol re 14'c 9% Ohio Ol (a1 p Omnibus C (AL 4% Oppenheim Collins. Jlevator (60c) Steel = tis Steel prpf ___. Owens-111 Glass(4) Leat Pipe S P&F 104 S Real ac-Amer Fisheries Pacific Coast 1st Pacitic G & £ (135) Pacific Ltz (2.40) __ Pacific Mills ____ Pacific Tel & Tel (6) Pac Wn Oil (bi0e)_ 'z Packard Motors 2 Panhandle Pro & R. 2 Panhandle P&R pf_. Par-Public cod (d)_ Park Utah Parmelee Transp' Pathe Exchange. Pathe Exch (A) Patino Mines Peerless Motor_ enick & Ford (3) Penney J C (2) Penn Coal & Coke Penn Dixie Cemen Yenn DixieCpf A__ Penn RR (1) Peoples DS (11)_. Peoples Gas Chi 91, Pere Marquette 2 Pere Marq pr pf. Petrol Corp Phelps Dodge(azic) 116 Fhila Rap Tr pf(d). 100s Phila & Read C&1 10 Philip Morris (1) 9 Phillips-Jones C_ 1 Phillips Petrol (1)_. &9 Phoenix Hosiery Phoenix H pf (313) x 208 Pierce Oil 11 Pierce Oil pf__ 3 Pierce Petroleum _. Pillsbury F1 (1.60) _ Pitts Coal . Pitts Serew & Bolt_ Pitts Steel pf___ Pitts United Corp. 2 Pitts United C pf__. Pitts & W Va_ 2 Plymouth Oil _ Poor & Co (B) Porto R Am Tob(A) Postal Tel&C pf (d) Pressed Stl Car (d). Pressed St C pf (d) 423 Proc & Gambl (113) 205 Pub Sve N J (2.40)_. 62% Pub Sve N J pf (5)_. 73 PubSve NJ pf (6).. 34 Pullman Ine (3) 57 Pure Oil 34% Pure Oil 6% pf. 495 Pure Oil 8% pf_ 8% Purity Bakeries (1) mel S Steel nited S Univ Pip: 2 Va-C Va Iron 1% Wabash 4's Waldorf 2614 Walgree 114 Waigree 1's Walwort 1 Ward Ba 2% « Warner- 4 Webster 34 WestPa 36 West Pa » West Pa 9 West Pa 104!; West Pa 515 Western s Western 23, Western Western West'gh' 120 6 3 6 14 110s 1 Gk West'h's Westvac res y 613 White Se 110% Woolwor! 527% 10ts 76 92 14% 46% 36 537 824 37 ~ 2308 - 240s 19 20 73% Wrigley 25 4% 601 85 2T ey 261 62! 65% 4 Radio Corporation, 11‘. Yale & T 50 Radio C'p pf A (3%) 35% Radio Corp pf B 1'% Radio-Keith-Or (d) 4% R R Sec 111 Cent 1614 Raybestos-Man (1). Reading (2) 204 Real Silk Hose pf. 1 Reis (Robert) 7 Remington-Rand _ 71% Remington-R 1st pt 2% Reo Motor Car_ 9 Republic Steel 28% Republic Steel pf._. 28 Republio Sti pf cod 7' Reynolds Metals (1 ma&. 101 Reynolds M pf (5% 3113 Yellow T 18 13 ) 23 R 19% 88 9% — 6212 1% 10t 931y 3 17% — ™| cash payments based 69'9 —1% | declarations. TN + & ‘ 15 2 + 13 | plus extra. 22% 2 107 107% 107 + | @orsanizea % 2% Zonite Pry 11:00 AM. 1:00 P.M. Total s —1 i tion for the last six weeks was 39 LUMBER PRODUCTION per cent above the similar period of FAR ABOVE YEAB AGO last year; shipments 42 per cent By the Associated Press. higher and new business 34 per cent % above like items in the six weeks’ NEW YORK, August 19.—The Na-| ;o0 of 1934, For the week ended tional Lumber Msanufacturers' Asso-| August 10 production was slightly Stock and Dividend Rate. 217 Roan Antelope Ltd afeway Stores (3) % Safeway Strs pf (6) afeway Strs pf (7) 6 Savage Arms 1% Schulte Retail Strs_ Schulte Re Strs pf. 31 Sears Roeb'k(a7ic) 114 Second Nat'l Invest. rvel Inc Sharon Steel Hoop_. Sharp & Dohme Simms Pet (a30c)_- v Sou Porto R Sug(2) Sou Porto R S pf(8) Spang Chalf pf (32) .'l » Sparks-Withington Spiegel-M- s Corp (1) 3’4 Tex Pac Coal & Oil d Nat Wat A O pf(6) S Rubber 1st pf ‘niv Pic 2 Univ Pip Util Pw & Lt (A) - 11's Vanadium Corp 2'y Va-Car Chemical r Chem 6% pf rc Vulcan Detin (a4) 21 Warner Bros Pie __ Warner Bros Pic pf 212 Warren Bros - 7's Warren Brosev pf . 20% Warren Fdy&P (2). 2013 Wesson O&S (150c) Westinghse El a30¢ Weston Elec Inst Wheeling Steel Wheeling Stl pf(31) White Motor White Sewing Mch. Wilson & Co (azc) Wilson & Co pf (6)- '« Worthington Pump 2u'z Worth Pumppf A__ Worth Pump pf B_ 1 35'; Wright Aero Yellow Truck Young Sp & W (11) Youngstown S & T- — 1% Zenith Radio _ + 1| Approximate Sales of Stocks on the N. Y. Stock Exchange. «+ 1,120,000 2:00 P.M. Dividena rates as given in th s Unit of uld‘fll less than 100 shares. 2 Accumulated dividends. Companies * Bx dividend. FINANCIAL. STOCKS GO DOWN ATSESSIONS END Profit Taking in Railroad and Utiiity Shares Un- settles Market. Sales— Add 00. High. Low. Close. Chl‘ 11 23 22% 22% + % 22 54% 54w % 16 28 274 5 Sp (t40¢) Tob B (3) a 28 52 41% 40% 608 10715 107 208 11 14 20 L& 2% |l| . 40 — 107 112% Ld (40¢). 20 Fran (d) .. Frpf (d)- Distillers AirL (d). A Lpf(d) Del (160c) STOCK AVERAGES a0 15 15 80 Indus. Rails. Util Stks Net change. —9 —14—13—11 Tody, close. 64.2 330 480 Prev. day 65.1 393 49.1 Month ago. 63.7 32.3 46.1 Year ago. 484 277 372 1935 high... 65.4 39.3 49.1 1935 low__.. 495 216 348 1934 high__. 61.4 406 514 1934 low 242 349 1932 low 239 1 fl 1929 high. 1927 Jow__.. 516 953 6138 EIB nvpfi2%. (F G)(25¢) on Oil _ . on Oil pf_. ng C(40c). Co 1 cking ac (30¢) 1284 241 708 1421, 58 2078 ot 21 2% 110 (Compiled by the Associated Press) 1Ed (114). Pacific Railway Rwy pf__. (A G) (AG)lst pt BY VICTOR EUBANK, Associated Press Pinancial Wr NEW YORK. August 19.—Profit- taking pressure on utilities and rails unsettled today's stock marke after early demand had pushed cop- pers. steels 4nd aircrafts to new year highs Losses ranged from fractions to 2 or more points and the closing ton was heavy. Transfers approximatea 2,100,000 shares. Passage by the House of the Guffe coal stab tion bill and indication that other measures with which finan- cial circles are not in sympathy wi be rushed throuzh Congress. did help. In addition most analysts fel that a technical correction, in view of the list's recent advance, had been overdue On constru ledger, however. e American Iron and Steel In hat curr mill operations are the rate of 48.8 per cent of capacit+ up 7 a point to the best since the week of February 13 last. Selling of stocks was heaviest in th~ final hour and the ticker ral minutes beh actions. The pace slowed down ju before the finish and mild support was accérded a number of shares Many of the morning's bullish per- formers virtually canceled their gains. ell (1.60) fs pf fay-St pf(612) ands (1) m 'uha(co \(:n-p 1 of Cal (1) lof Ind (1) INJ (1) - n the ctive side was the est of the ate ¢ ulf Sul (2). Thermoid Co - enue s In (ad5e) IR (30ey »n Starrett Asso Oil 19.—An ear © to rasy cables ar the absence of a crop loan an ment over the week end was followe- by rallies on trade buying and cover- ing in cotton today. October sold up from 11.26 to 11.40 with the market in the late tradinz about net unchanged to 10 poinis lower. Put Detroit tB(11) erica(30c) Westn Air_ x o ires closea Fisher steads Unton Bag&Pap & C (1.60)_ Un Oil of Cal (1) c (6) cpf (4) T (1.20) ratt ir Line vie ise (1.60) arbon 2.40 &pot steady; middling Cottonseed OII Bleachable cottonseed closed weak: September ber. 10.25-28: December. 10.07; Janu ary. 10.03-07; March. 10.08b. Sales, 181 contracts, including 38 switches, oil 10.32 futures Octo- dyew pf (7) Livernool Quotations lee Coal. .. ! Cotton American r'n Secur ht (1) m ot S Ind Alcohol (2 ther vie ner A vte &F (5u¢) 1st pf 1.20 ty & Imp__ PUBLIC LIABILITY Properts Damage. Fire. Theft and All Other Automobile Insurance WM. H. SAUNDERS CO. 1519 K N.W Di. 1015 15 40 13 19 1 346 45 10615 tores (A)_. 115 &g 1stpfd ._. 40= 34 e & Rad 9 1% e & Rad pf 2408 12 64 It & R (a6) f (2) i M;ssacfi:e—fls Investors Trust Prospectus on Request William W, Mackall, Jr. Investment Securities 18 Woodward Bids _Dlstrict 8431. Corp . 12 hem 7% pt al&Coke LA () 1 Wabash pf (d) B nCo (h) : FirSt n pf (6%2)- Mortgage Money king (B) For CONSTRUCTION LOANS AND LOANS ON IM. PROVED RESIDEN- TIAL PROPERTY in the District of Columbia and Nearby Maryland. 5129, Prompt action B. F. SAUL CO. 925 15s St. Natl. 2100 Quinlan_ Eisenlohr . Elec (T)A Eiec pt (6) Elec pf (7) Pwr pf (6) Pwr pf (7) Maryland Pacific (d). Pacific pt_. Union __ se A B 50c. Istpf 3l o Chi ‘40¢c) 'w Mch pf th (2.40) 13 160s 6608 s, 2 Wir (13) —_— owne (60c) 3 = 2 10s 4 % ruck pf.__ 34 E 26% + W 21 14 4+ 3% 4% 3%, i & For Purchasing a Home or RE-FINANCING EXPIRING TRUSTS NO COMMISSION CHARGE NO RENEWALS REQUIRED Terms Arranged on Easy Monthly Payments MIMBER BUILONG & ASSOCIATION COUNCIL INATIONAL! _— Permriarieni Pitney-Bowes Postage Meter Co—i‘mm ASSOCIATION Common share earnings, six months | ended June 30, were 21 cents, vs. 14 | . oducts 470,000 12:00 Noon £60,000 1.350.000 es for the day. 2 table are the annuai on the latest quarterly or half-yearly + Annual rate— b Paid | a Paid this recer being | reportes week, while shipments and new busi- ness were off 6 per cent and 7 per cent, respectively. s TREABORY 949 NINTH STREBT, N'W,