Evening Star Newspaper, September 4, 1935, Page 14

FINANCIAL THE EVENING STAR, WASHINGTON, C., WEDNESDAY, SEPTEMBER 4, 1935, NDUSTRIALLOMS TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE FINANCIAL BUYING DEVELOPS Stock and Sales— Dividend Rate. Add 00. High. 12% Southern Pacific 5% Southern Rallway.. Stock and Dividend Rate. m 00. High. 6 2% Hammer. By private wire Ilnd to The Star. an. 1938 Prev. 1036 Stock an Net. Low. High. Low. Dividend n:n A“ 00. High, Low, Close. Chge. m 16 115 110 Abr& Strauss pf(7) 10s llfi 115 115 +1 Low. Close. Onge. 51 51 +1 12% + % TOTAL $4.584914 jliditu Low. Dividend Rate. moo High. 57% Richmond Reserve Bank Is 31 Minn Moline Pw ptf. 1 16% 10% Misston Corp. ... 1 Active in Drive to Speed Recovery. BY EDWARD C. STONE. Direct loans to industry in the Fifth Reserve district, made by the Reserve Bank of Richmond up to Au- gust 21, totaled $4,584,914, while other commitments ag- gregated $1,793, 632, according to the bank's monthly review, details of which have just been recelved in Wash- ington. These loans are not to run more than five years, are to supply working capital, and are granted only to established busi- nesses. They are ® part of the drive launched several | months ago by the 12 Reserve Banks | to speed up recovery. Deposits Gain During Year. Time deposits in 28 regularly re- porting member banks and aggregate deposits in 11 mutual savings banks totaled $338,243,382 at the end of July, 1935, a lower figure than $338,- 975,846 in time and savings deposits at the end of June this year, but & | - higher figure than $326,603.107 at the; end of July last year. Both report- ing member banks and mutual sav- ings banks showed declines in time | deposits during the past month, but both groups of banks increased de- | posits during the year, the report says. Building permits issued in July in 81 leading cities of the fifth Reserve district numbered 2448, compared with 1,787 permits issued in Julyv,| 1934, an increase this year of 37 per cent and estimated valuation figures for last month totaled $4.595,636, an jncrease of 98.9 per cent, in compari- gon with valuation figures touwaling $2.310.659 in July, last year. Twenty- four of the 31 reporting cities showed higher valuation figures for the 1935 | month. Among the five largest cities, Baltimore, Washington, Richmond and | Norfolk increased in estimated valua-| tion for permits issued last month, but | Charlotte decreased. Contracts awarded in July for con- struction work in the fifth Reserve district, the Richmond report adds. totaled $14,751,155, compared with $18.091,724 reported for July, 1934. Of the July, 1935, awards, $6377.405 | represented residential types of con-| struction, compared with $2,365,979 for this class of work in July, last year.) Contracts for residential work made | up 43 per cent of all contracts awarded | n July, this year. compared with only 13 per cent of July, 1934, contracts. Dickey Again Chapter Dean. Raymond B. Dickey will act as dean of Washington Chapter, American Institute of Banking, according to announcement today by J. Earle Mc- | Geary, president. The other instruc- | tors include: | Bank organization and operation, | Fliot H. Thomson, publicity manager, Washington Loan & Trust Co.; ne- | gotiable instruments, Raymond B.| Dickey, member of the local bar asso- | ciation and dean; James D. Cush- man, dean of the School of Accoum--, ing. Columbus University, analysis of | financial statements; Trust Business II, Theodore Cogswell, register of | wills of the District of Columbia. Money and banking and current; monetary problems, a new course, will both be taught by Edward Stone. Mr. Stone is the only new addition to the faculty this year, He is a graduate of the Columbia University and for several years was an instructor there. Recently he has been in charge of | ‘ the revision of text books for the | national educational office of the A.| 1. B. and he is author of two A. I. B. text books. He has been an instruc- tor in the New York Chapter as well | 8s several other chapters in that| vicinity. | Mr. McGeary also made tentative announcements of the instructors for the Spring term. Commercial law will be taught by Bolitha J. Laws, a mem- ber of the District of Columbia bar; economics by Norman E. Towson, as- sistant treasurer, Washington Loan & Trust Co.; credit management by Harold W. Burnside, assistant cashier, Riggs National Bank, and bank man- agement by Frederick P. H. Siddons, secretary, ~American Security &/ Trust Co. Quinn Back With Broker Firm. Chauncey Parker, jr, one of the partners in the New York Stock Ex- change firm of Auchincloss, Parker & Redpath, announced today that James L. Quinn, for many vears head of the concern’s department of investment research, has resumed his duties in the same capacity. He has been absent during the past year while employed as an analyst in the analytical and technical division of the Securities and Exchange Com- misison. He resigned a short time ago to return to the brokerage and invest- ment firm. Bankers Return to Offices. Many Washington bankers who were away on vacation in August have re- turned to their desks. Willlam J. Flather, one >f the vice presidents of the Riggs National Bank, has returned from the Poland Spring House at Poland, Me. He has spent many Sum- mers at the popular Maine resort. He reports that the resort business this year was excellent, much better than last year. Karl W. Corby, one of the partners in W. B. Hibbs & Co., an official in the District Bankers'sAssociation and in the Washington Stock Exchange, has returned from his vacation at Rockland, Me. He was greatly im- pressed by the number of factories which have resumed operations in Maine and elsewhere which were closed at this time a year ago. 8. William Miller, treasurer of the Union Trust Co. leaves here tomor- row for a month's vacation on the Eastern Shore at Ocean City, Md. Heard in Financial District. The Hotel Greeters' Credit Union of the District of Columbia has been granted a license to operate by the superintendent of insurance. -The union was organized by Washington Chapter of the national organization to serve its members in the promotion of thrift and the granting of small Joans at low interest rates, N. F. Sherman of the Mayflower Hotel said in announcing the new move. Trading was lively on the Wash- ington Stock Exchange today, Capital Traction 5s being the most active bond issue. Most sales were made at 98 and one at 98%;. Georgetown Gas| 5s moved at 1125, 1 Riggs National Bank common moved at 212, Security Storage Co. et 97 mdf Capital Transit nq‘l unchanged. Raymond B. Dickey 62% 9% 331 144 13% 8% 1493, 20 2% 8% 301 165 7 51 Acme Steel (13 4% Adams Express 28 Adams Millis (2) 8 Addressog’htalbe). 415 Advance Rumely .+ 6% Afiliated Pro t60c). 104% Alr Reduction (13) 15% Alasia Jun (160c) % Alleg Corp (d) 2% Alleg pf w$30w (d). 21 Allegheny 8tl (1)... 125 Allled Chem (6) ... 314 Alljed Stores 49 Allfed Stores pf (5). 12 Allis Chalmers 24 Amal Leather _ 48'; Amerada Corp (2)_ 41'; Am Ag Ch Del (2).. 13'; Am Bank Note o Am Bk Note pf (3). Am Brk Shoe (1) Am Brk Shoe pf (7) Am Can (14) Am Can pf (7) Am Car & Foundry._ Am Chatn Am Comel Alcohnl_ 2 Am Crystal Sugar._. Am Cryst § pf (a3)- AmCrysS 1st pf 6_ Am Encaustic (d) . Am & Forelgn Pwr Am & For Pw $6 pf. Am & For Pw $7 pf_ Am & For Pw 2d pf. Am Hide & L pf » Am Home Pr (2. l0)4 » Am lce 0 Am Ice pf (6) 4'; Am International _. 1% Am La Fran pf «d). 9 Am Locomotive 32 Am Locomotive pf. 18'% Am Mch & Fy (80c). 4% Am Mch & Metals __ 41> Am Mch & Met vtc_. 1313 Am Metal 13 Am Power & nghl- 8% Am Pw & Lt $5 pf__ 10's Am Pw & Lt §6 pf_. 10'; Am Radiator 15% Am Holling Mills. Seating vie Smelt & Re! Snuft pt (6) Steel Foundry Stores (12)._.. 51t Am Sugar (2) ... x 12613 Am Sug pf (7)_ Am Sumat Tob (1) 3313 Am 721, Am Tobacco (5) . 74% Am Tobacco B ¢§)_. 1291 Am Tobacco pf (6)_ e Fdrs (d)_. Tis Am Water Work: 47 Am Woolen 2 353 Am Weolen pf__ 112 16%% 597 475 26% 4974 8 Anaconda Copper. 1215 Anchor Cap (60¢) - 3ty Andes Copper _ 97 Armour Del pf (7) 3% Armour of Illinols . 5515 Arm'r(111)pr pf (6)_ 1613 Armstrong Cork 50 4 Arnold Constabl, T'2 Asso Dry Goods 35% Ateh To&S Fe (a2). 66% Atch To&S F pf(5) - 19'; Atiantic Coast Line. 3 Atl Gulf&W Ind 21% Atlantic Ref (1) 323, Atlas Powder (2)_ 15 Auburn Auto 2%, Aviation Corp(Del) 1's Baldwin Loco (d) 713 Baldwin Loco pf (d) 713 Baltimore & Ohio _. 9's Baltimore & Oh pf 362 Bang & Aroos (2 3% Barker Brothers . 32 Barker Brothers pf. 574 Barnsdall Corp 3713 Bayuk Clgar (11) _. 1414 Beatrice Cre (a5ue). 72 Beech-Nut P (13) _ 11'4 Belding-Hem (a50¢). 117y Bendix Aviation .. 154 Beneficial Lo (1%). 34 Best&Co(2) . ... 215, Bethlehem Ste 553% Beth Steel of(ll%) 98, Blaw-Knox 10314 Bloomingdale pf(7) 615 Boeing Airplane _ 39% Bohn Alum &Br (3) 42 Bon Ami (B) (12)_. 21 Borden Co (160) _ 2814 Borg-Warner (2) ¥1; Bridgep't Brass 40c 241, Brigss Mfg (2) . 23'x Briggs & Strat (3).. 3613 Bklyn-Man Tr (3) . 90 Bklyn-Man T pf(6). 14 Bklyn&Qpf(2) _ 43 Bklyn Union Gas(5) 53 Brown Shoe (3) ___ 4% Bucyrus Erie 81x Bucyrus Erle cv pf. 62% Bucyrus Erie pf Rlc Bullard Co % Burns Bros(A)ldL 3 Burns Bro pf (d) . 13'% Burr Add Méh(60c) 607 11% Byers (A M) 32 Byers (A M) of P AR — 42's 305 California Pkg(1%) 1, Callahan Zinc 213 Calumet & Hecla 71, Campbell-Wy a406.. 81 Can Dry G A (40c) .. 9% Canadian Pacific _ 4% Capital Admin (A)- 45% Case (J 1) Co 3615 Caterpillar Tr (11)_ 19', Celanese Corp 4 Celotex Co (d) . llh. Celotex Co pf (d) - 34 Central RROINJ._ 61 Century Rib Mills _ s 28% Cerro de Pasco (4). 4 23 3% Certain-teed Prod .. Jertain-teed Pr pf_. 37t% Ches & Ohfo (2.80) 36 Chesapeake Corp(3) % Chi M1l StP&P (d)_ % Chi M StP&P pf (d) 1% Chi & N W (d) _ 35, Chi& N W pt (d)___ 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf_.. % Chi R J&Pac (d).__. 1% Chi R 1&P 6% nf(d) 25% Chickasha C O (2).. 315 ChildsCo 31 Chrysler Corp (11)_ 16 City Ice & Fuel (2). 8415 City lce&F pt(6%).- 31 City Stores - 121 Clark Equip (80c) _ 27% Clev Graph Br (11). 533 Coga-Cola A (3) . __. 153 Colgate-P-P (50¢c) .. 9 Collins & Alkman _ 69% Collins & Atk pf (7) 6% Colonial Beacon Oil 13 Colo Fuel & Ir «d) . 5 ColoF&lpfd) - 3% Col Gas & Elec 35'2 Col G & Epf A (6).. 3415 Colum Pie vte (11)_ 67 Colum Carbon (4) _ 3915 Comel Credit (2%) - = - PERBIRE BENNS RO ISR DL, ;s OO R~ » S 46 4!05 l 12 4 108 20 12 900 =N NND B 475 9 20s 1 1 2 a 14 26 508 80s 1 408 105 2 6 1 9 5614 Comc! Inv Tr(t2 llb)x 13 977% Comel In T pf(4%) x 111 17% Comel Solv (+60¢) . % Comw & Southern__ 29 Comw & Sou pf (3). 27 Congoleum-N(1 80) 71 ConCprof ww6%. 31 Consol Film 141 Cons Film pt($1%). 157 Consol Gas N ¥ (1). 72% Consol Gas pf (5) .. 1% Consol Laundries... 615 Consol Ofl (a25¢) —_. 214 Consol RR Cuba pf_ 1 Consol Textile - 8% Container Corp (A). 2% Container Corp (B). 415 Contl Baking (A) . % Contl Baking (B) .. 46% Contl Baking pf (4) 623% Contl Can (2.40) 7 Contl Dia F (ab5¢) . 28% Contl (nsur (11.20). 3 Contl Motors 15% Contl O Del(a37%¢) 41% Corn Ex BK&TT (3) 1 62 Corn Prod Ref (3).. 4% Coty Inc 35% Cream of Wh (12).. 23% Crown C&S (1).__.. 314 Crown Zelleb'k vte. 14 Crucible Steel ... 471% Crucible Steel pf__. 5% Cuban-Am Sugar _ 40'; Cuban-Am Sug of. 40 Cudahy Pkg (2%).. 1» Curtis Publishing.. 894 Curtis Pub ':i("-- Comel L T cv pf (6) x 13 2 53 44 - - SuenonamRna =,§=_N - uau—'.'?m-o.u-—- 6%—2 FEF 2! 131 8 152 24% 29 eS8 FRsE 2 8 9 8% FEEFSEFE 10 4“ 20% 33 37 1'e 0% 45'3 118‘. i+l 4+ + 109“- 17% 51‘- 33 9% 89 4ttt +41 = © EREE EEE 82% 27 12% 3% 13% 11% 9% 17% 8% 38 122 34 4% 4% 1% 215 41% 25% 1% 22% 17% 17% lolh 104 1044 + ¥ 2% ™ 20% 2% - % | 16 | ; v 22% Deere & Co . 19 Deere&Co pt ($75¢). 2315 Delaware & Hudson 11 Del Lack & West__. 1% Den&RG W pf.... 65 Detroit Edison (4). 35% Devoe & R (11) A_. 261 Dlamond Mtch t1%. 34’ Dome Mines (t2) 17% Douglas Air (a75¢c). 13% Dresser Mfg A blls 6% Dresser Mfg B ____ 2 Dunhil Internatl__. % 86% Du Pont (13.60) ____ 126% Du Pont deb (6 3% Eastern Roll Mill 110% Eastman Kod (15)_x 16% Katon Mfg (11) 19% Electric Auto Lit: 36 112 107 Elec Auto L pf (7). llfl. 874 Electric Boat 5% Elec & Mus Ind. 14 Elec Pw & Lt, 213 Elec Pw & Lt $6 3 Elec Pw & Lt $7 pf. 39 Elec Stor Bat (2%). % Elk Horn Coal (d) .. 5 Elk Horn C pf (d) . 125% Endicott-Joh pf(7). 1's Engineers Pub Sve. 14 Eng Pub Sve §5 pf . 14'5 Eng P S $5.50 pf ww 15'3 Eng Pub Sve $6 pf-. 4'; Equip Office Bldg.-.. Tia Erfe R R 83 Erfe RR 1. 10%; Eureka Vac C ( fle) 15 Evans Prod (al). 2 Exchange Buffet._ % Fairbanks Co. 4 Fairbanks Co pf_.. 17 Fairbanks Morse... 5% Fed Lt & Tr.__ 3% Fed Motor T (al0c). 7 Fed Water Sve (A). 16'% Fed'd D Strs (160c). 28'% Fid Ph F In (11.20). 106 Filene's S pf (615) . 13'a Firestone (40c) ___ 45% First Nat Strs (215) 2% Follansbee Bros(d). 20% Food Machine (1) 973 Foster- Wheeler____ 60% Foster-Wheeler pf 19% Four Nat Iww a1.10. 17% Freeport-Texas (1). 4% Fuller Co2d pf_ . 7 Gamewell Co. 5'3 Gen Am Investor: 324 Gen Am Trlnl(ll) 11% Gen Asphalt._ Tt Gen Baking ( 5% Gen Bronze. 2 Gen Cabl Gen Cigar (14) Gen Cigar pf (1) - 20'; Gen Electric (60c) .. 32% Gen Foods (1.80)__. % Gen Gas & El (A) . 597 Gen Mills (3) "6". Gen Motors uz),-_ 107!2 Gen Motors pf (5) 17% Gen Print Ink(1.60) 93'2 Gen Print Ink pf(6) 1'a Gen Public Service. 15% Gen Ry Signal (1) . % Gen Realty & Util_. 1612 Gen Refrac etfs_ 12 Gillett Saf Ras (1) 7013 Gillett Saf R pf (6). 2'a Glmbel Bros._ 234 Glidden Co (11) - 104% Glidden Co pr pf (1) 1's Gobel (Adolf) (d)- 14% Gold Dust (1.20) 40 Goodrich (BF) pf_. 15% Goodyear T&R 213 Gotham Silk Hos 1! Graham-Paig 5% Granby Consol 18's Granite City 8t1 (1) Granite City Stlrts 26 Grant (W T) (11)- 9% Grt Northern pf 9'¢ Grt Nortn Ore (50¢c) 264 Grt West Sug (2.40) 20's Greyhound Corp .. . 6 Gulf Mobile & N pf. 21k Hackensack W(1%) 613 Hamiiton Watch . 63 Hamilton Watch pf. 16 Harbison Walk (1) 5'3 Hat Corp of Amer.. 1% Hayes Body. ... 11 Hercules Mot (§0c). 71 Hercules Pw (13) 122 Hercules Pw pf (7). 731 Hershey Choc (3) 104 Hershey Ch pf (4). 5% Holland Furnace .. 6% Holland & Son (50¢) 612 Houdaille-Hersh B 91 Houston Oil .__ 43 Howe Sound (3) 6's« Hudson Motor Car. * Hupp Motors PRSI 915 Illinols Central ___. 40 111 Cent Ise lines (4). 2'4 Indian Refining _ 3'2 Indus Rayon (1.68). 60’3 Ingersoll-Rand (2). 46'¢ Inland Steel (12) 215 Inspiration Copper_ 4 Insur ShMd cfs 15e. 8% Interboro R'T (d) -~ 4% Interlake lron. 2% Int Agricultural 26 Int Agricul prpf "x 149% Int Bus Mach (16)_. 3% Int Car'rs Ltd (20¢) 227 Int Cement (1) 841 Int Harvester 60¢) . 1% Int Hydro Elec (A). 17 int Merch Marine _. 22% Int Nick Can)(80e . 14 Int er & Pw (A). 4! Int Paper & Pw pf.. 21'; Int Print Ink (1) .. 9815 Int Print Ink pf (6). 6015 1nt Silver pf (4)_. 5% Int Tel & Tel__ 87 Intersttae Dep Strs. 50 Jones&Laugh7%pf- —_— 15% Kayser(J)&Co ad0¢. S, eisey-Bayen(A)_ Kelsey-Hayes (B)_ 10v Kelvinator (1600)- 13% Kennecott C (60c).. 3 Kinney (GR) Co... 23 Kinney (G R) Conl 12 Laclede Gas St L. 22% Lambert Co (3) 813 Lee Rub&Tire (50¢) 113 Lehigh Valley Coal. 5% Lehigh Coal pf. 5 Lehigh Valley R R 674 Lehman C (12.40) . 10% Lehn & Fink (13%)_. 6% Libby McNeill & L. 211 Lib-O-Ford G1(1.20) 93% Ligg & Myers (14)B 17% Link Belt (80¢) 1% Long Bell Lum (A). 33 Loose-Wiles (2)._. 181 Lorillard P (11.20). % La Oll Ref (d) ___ 10% Louisv G&EpfA 1%. 34 Louis&Nash(a2%). 12% Ludium Steel .. 40 McAndrews&F(12). 28 McCalt Corp (2) T% McCrory Stores (d). 613 McCrory Strs B (d). T% McGraw Hill Pub__. 36% Mcintyre Porcu (3) 901 McKeesport T P (4) 5% McKesson & Rob._ . 32 McKesson & Rob pf. 81 McLellan Store! 18% Mack Truck (1) 30% Macy (R H)& Co(2) 5% Mad'n Sq Garalbe_. 18% Magma Copper (2). 4 Manati Sug pf (d)_. 29 Man Elev gtd (d) - 13% Man El md gtd (d)_ 10 Manhat Shirt (60c). 5% Marine Midld (40¢c). 3 Market St Ry - 20 Marlin-Rockwell (2) 6% Marshall Field & Co 23% Mathieson Alk(1%) 35% May Dept Str (1.60) 20% 22 Merch&M Tr (1.60). 24% Mesta luchlno @: 215 Miami Coppe! 9% Mid-Cont P.!(AIM) 8% Midland Steel Prod. 60% Midl'd Stl 1st pf(8). - 3% Minn Moline Pw. ’ x 15 3% 3814 301, 22% 10% 3% 116% 127% 12T% + % 6% + 14 1491 +1% * 6% 147 23% 264 10% 8% LY Y % 20 - s. * » - @ % A AR R R NGRS 2N NP AR ANON SO C =B AT AN DN - M s - 26 208 50s 2 9 19 73 1 108 14 10 ° S ® - T O i 10 00 600 0 0 T 3909 b b OO - - AT NN 100 e 10 NN B4 21% 19% 40s 110 110 110 +1 38 5% 4% M+ W 6% 14% . 4 181 T4 36% 17% Motor Products (h. 714 Motor Wheel (60c) 65 Mullins Mfg (new)_ 9% Mullins Mfg (A) .- 9% Mullins Mfg (B).--- 4% Murray Corp 11 Nash Motors (1)... 45 Nat Acme Co..._... 22Y% Nat Biscuit (1.60).. 131 Nat Cash R A(50¢) 6 12% Nat Dairy Pr (1.20). 23 106 Nat Dairy P pfB(7). 100s 1% Nat Dept Stores (d) 17 Nat Dept Strs pf(d) 231 Nat Distillers (2) 47 Nat Pw & Lt (80c) . % Nat Ry Mex 2d pf__ 40% Nat Steel (11)_ 9 Nat Supply Co. 36 Nat Supply Co pf. 715 Natomas Co (80c) . 4% Newport Industries 1813 N Y Airbrake ____ 124 NYCentral RR 6 N Y Chicago& St L. 2% Mo Kans & Texas 5% Mo Kans & Tex pf. 11 Mo Pacific pf (4) __ 10% Mohawk C M (a25c) 55 Monsanto Chem lOR 'u*. N H & Hartf pf % N Y Ontario & West s NY Rwyspf (d)_.. 6% N Y Shipbuilding _ 70 N Y Shipbldg pf(7). 30% Noranda Mines (2)_ % Norfolk Southn (d). 158 Norfolk & W (18) _ 2 North Am Aviation. 9 North AmCo (1) _. 35!5 North Am Co pf (3) 57 North Am Ed pf (6) 13'4 Northern Pacific __ 190 a1 244 538 97h 217 14'+ 9% Ohio Oll (a15e) . . 21% 16% Oliv Farm Bq(new) 8'3 3'; Omnibus Corp - 813 4% Oppenheim Collins_ 22 11'4 Otis Elevator (60c). 125 106 Otis Elev pf (6) 17'3 4% Otis Steel 8413 223, Otis Steel 50 38 Outlet Co (2 104 80 Owens-1ll G 14 Pac-Amer Fisherle 315 Pacific Coast 18t 134 Pacific G & E (1%)- 19 Pacific Ltg (2.40)__. 12 Pacific Mills___ 70 Pacific Tel & Tel (6) 6% Pac Wn Oil (b40c) 313 Packard Motors 8 Param’t Pic ( 84 Param’t Pic Ist pf__ 9% Param't Pic 24 pf__. 2% Park Utah - 5 Pathe Film Corp 814 Patino Mines__ 571 Penney J C (2) _ 2% Penn Coal & Coke 3 Penn Dixie Cement. 17% Penn RR (1) - 17% Peoples Gas Ch 1615 Pere Marq pr D Petrol Corp__ = s Phelps Dodge c) 23 Phila Co 6% pf (3)_ 351 Philip Morris (1) __. 13% Phillips Petrol (1)-. i Pierce Oil = 31 Pillsbury FI (1.60)_ 2614 Pitts Coal pf _____. 51, Pitts Screw & Bolt_. 22'x Pitts Steelpt _____ 24'; Pitts United C pf. 6 Pitts & W Va 6'3 Plymouth Oil 61x Poor & Co (B)_ 4% Postal Tel&C pf ( 613 Pressed Sti C pf (d) 42% Proc & Gambl (1%) 20% Pub Sve NJ (2.40).. 34 Pullman Ine (3).... 574 Pure Oil _ 49% Pure Oil 8% pt. 8% Purity Bakeries (1) 4 Radio Corporation __ 50 RadioC'PpfA (3%) 35% RadioCorppf B___ FEFSEFEF 1% Radio-Keith-Or (d) 44« RR SecIllCent.__. 1613 Raybestos-Man (1). 297 Reading (2)_ 1 Reis (Robert 7 Remington-Rand _ 21% Remington-R pr pf- 69 Remington-R pf (6) 2% Reo Motor Car____. 9 Republic Stee 28% Republic Steel pf 13 Revere Copper (A)- 75 RevereC& B pf_ 24'; 17'3 Reynolds Metals 1 108% 101 Reynolds M of (5% 237 12! Reyn’lds Spring(1)_ 'x Reynolds Tob B (3) — 46 36% Safeway Stores (3) 113'4 104% Safeway Strs pf () 11413110 Safeway Strs pf (7) 22% 10% St Joseph Ld (40¢). 2 % StL-SanFran (d).. 6 Savage Arms__ 22 Schenley Distillers. + Seaboard Air L (d). % Seaboard A L pf(d). 20%, Seab'd O Del (160¢c) 31 Seagrave Corp 31 Sears Roeb’k(a75¢c) 40 Sec Nat Invpf $2% 78 Servel Inc ____ 9 Sharon Steel Hoop T% Shattuck(F G) (25¢) 20% Shell Trad (al1.23.7) 5'2 Shell Union Oil __.. 8% Silver King C(40¢) 6 Simmons Co___ 5 Simms Pet (250 613 Skelly Ofl __ 13 Sloss-Sheffield.. 15 Snider Packing 10% Socony-Vac (30¢) - 28% 20 Sou Porto R Sug(2) 150 132 Sou Porto R S pf(8) 21% 10% South Cal Ed (1%)- 108 1 114 19% 16k 18% 11% 39 21 15% %~ M — W 3% — % 17 +1 71 3% + % L) 38% +1% 9% + % 62 —3 % % % 115 5 125 19% L+ % 51 23% 36% 26% . B 12's 26% 57a 25% | 4!H—|||4Hl+ 15.‘/. 121 20 654 211y 464 537 828, 254 6% 76 35% 28% 75 +2 o ! + 3 + —2% + % + 4 + 4 - +1 + % + %1 = 3%l - % 5% 4 last 11:00 A.M 1:00 P.)l . year. ¥ + % | reorganized. 7 Southern Rwy pf.. 42 Spalding(AG)1stpf 90s 5914 Spang Chalf pf $314 140s 3% Sparks-Withington 65 Spear& Colstpf___ T% Sperry vtc (a2be).. 43% Splegel-May-Stern 13% Stand Brands (80¢) x 21, Stand Com Tobacco 11 Stand Gas &: Elec__. 1% Stand G & E $4 pf. 6 StandG&ES$Tof 27% Stand Ofl of Cal (1) 11 Stand Oil Exp pf(5) 23 Stand Oll of Ind (1) 35% Stand OII N J (t1).. 124 Starrett (L S) (1) _. 58% Sterling Prod (3.80) 114 Sterling Secur (A)_. 6% Stewart-Warner _. 2'; Stone & Webster._ 2% Studebaker Corp.. 6013 Sun Oil (11) _. 115'; Sun Oil pf (6). 1% Superior Oil . _. 5 Superior Steel 14% Swift & Co (15 —_— 6% Telautograph (60¢) 4 Tennessee Cor 1623 Texas Corp (1) . 28% Texas Gulf Sul (2). 14 Texas&PacRR _. 3% Tex Pac Coal & Oil . 815 Tex Pac Land Trust 13% Thatcher (1) __ 23 Thermoid Co 16 Third Nat In (a%e) 13% Thompson Products 1% Thompson Starrett. 7% Tide Wat Asso Oil .. 26% Tide Wat O (a85c) . 4% Timken-Detroit__ 28% Timken R B (11) 47, Transamerica(30¢c). 7% Trans & Westn Air. 17 Tri-Contl Corp - 4% Truax-Tra Coal 313 Truscon S 13 25 20th Century Fox _ 20th Century Fox pf 1's Ulen & Co 29 - Union Bag&Pap (2) 44 UnCarb&C (1.60)_ 14% Un Oil of Cal (1) 8215 Un Pacific (6) 7912 Un Pacific pf (4) 207 Un Tank Car (1.20). 97 United Aircraft s 4'; United Alr Line vte. 20% United Bise (1.60) 2 46 United Carbon 2.40_ 1'3 United Corp 20% United Corp pf (3)-. 8% United Drug __ 4'z United Dyewood . 65 United Fruit (3) __ 9'« United Gas Imp (1) % U S Distributing - 5 U S Distributing pf. 4'3 US & For'n Secur_. 11 USFreight (1) __._ 40'3 U7 S Gypsum (t1) 5 US Hoffman .. _. 35's U S Ind Aleohol (2). T2 U S Leather A vte . 14% US Pipe & F (50¢) 19% U S P&F 1st pf1.20. 3 USRealty & Imp_. 9'a US Rubber ______. 24'3 US Rubber 1st pf _ 95 USSmelt& R (a). ‘xh United Stores (A)_. 51 Univ Leaf Tob (12). 1 UnivPipe & Rad_ _ 2 0s 50 26 13 24 4 &0s 4 1 24 15 13 pL 1 6 12 a 10 913 Univ Pipe & Rad pf. 90s 1 UtlPw&Lt(A) - 11% Vanadium Corp 11 Van Raalte (aZ5e)_ 91 Van Ral 1stpf (7).. 2's Va-Car Chemical . 17'3 Va-Car Chem 6% pf 72's Va El1 & Pw pf ( 114 Walgreen pf (635). 1% Ward Baking (B) - 28'; Ward Baking pf (2) #, Warner Bros Pic 14}; Warner Bros Pic pf s Warner-Quinlan_ 2!4 Warren Bros 7% Warren Bros cv pf_. 20% Warren Favab (2)- 1 Wells Fargo 30%; Wesson O&S (150c) 34 West PaElec (T)A 36 West Pa Elec pf (6) 3972 West Pa Elec pf (7) 104'; West Pa Pwr pf (7) 53 Western Maryland._ T2 Western Md 2d pt _ 1% Western Pacific (d). 2%, Western Pac pf (d). Western Unton ___. West'gh" Westinghs 2 Weston Elec Inst _. Westvaco Chi “40c) Wheel Stl pf(il1z)- White Motor__ White Sewing Mch_ White Sew Mch pf _ Wilson & Co ta2se) Wilson & Co pf (6). Woolworth (2.40) . Worthington Pump. 25's Worth Pump pt A. 35's Wright Aero._ % Wrigley W ir (t ———————————————— 173% Yale & Towne (60¢c) 2% Yellow Truck. .. ... 31'3 Yellow Truck pf 18 Yeung Spr& W (2). 13 YoungstownS& T_ 383 Youngst'wn S&T pf. 1l Zenith Radio___. 2% Zonite Products. 390,000 sales for the 3 Accumulated dividend d Companies x Ex dividend. 9 28 o ) Do aSFulabunhiomen 5 15 1 308 40! 17 15 4 a2l 112\. 444+ 14+ + +1 INSTOCK MARKET Motors, Rails, Steels and Specialties Push Up Frices at Close. STOCK AVERAGES Inus. Rails. § util stis Net change. +6 +.4 +.5 +. Today __..._ 652 255 366 48.1 Yesterday .. 64.6 25.1 36.1 47.6 Month ago. 64.1 244 357 47.1 264 282 388 276 39.3 49.1 185 216 3438 430 406 514 453 228 242 349 175 8.7 239 169 1929 1469 153.9 1843 157.7 1927 516 953 618 618 (Compiled by the Associated Press.) 1935 1935 1934 1934 1932 BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, September 4 —Late buying support came into the stock market today after considerable dull backsliding during the greater part of the session. Demand for some of the motors, rails, steels and specialties pushed th~ ticker tape in the final hour and | lifted prices substantially. The close | was firm. Transfers approximated 1 900,000 shares. Belated Recovery. Brokerage circles could point to n2 particular plece of news that miglt have stimulated the equities list. ) few analysts believed the belated rie covery was due largely to the fa that a number of traders became tire of sitting on the fence waiting for sharp reaction and decided to rein state their holdings. Nervous shor covering was also thought to ha been a factor. Up to 2 pm. only about 500.00/ shares had changed hands. but price hovered in a najrow range. Severs large blocks of Chrysler and othe recent favorites came out on the u side and the general run of leader started to cancel morning losses an‘ join the forward procession. Brisk rallies in wheat and ecottor were helpful to the bullish forces United States Government securitie also responded hopefully to the cordiz reception given the Treasury’s nev note issue. Corporate loans wer | steady. Foreign exchanges were nc conspicuous. | Mining Shares Up. Homestake Mining shares got ur some 13 points, while gains of frac tions to 2 or more were recorded b: American Telephone. Unijted State Steel, Bethlehem, Western Unior Consolidated Gas, Santa Fe, Nev York Central, Auburn, General Mo- | tors, Chrysler. Case, National Distil- lers, Sears Roebuck. Johns-Manville Du Pont, Paramount Pictures and Loew’s. A loss of 3 points was suf- fered by Corn Exchange Bank. Stand- ard Oil of New Jersey and Socony- Vacuum were about unchanged. Bank Stocks Weak. Further weakness in over-the- :counter bank stocks was reflected the selling of the Corn Exchang! issue. Fears of more dividend eut by some of the leading banking in- , | Stitutions was said to have influenced | liquidation. %| The oils were somewhat hesitan: =1 _|following news from Washington that + 5% + %= Approximate Sales of Stocks on the N. Y. Stock Exchange, 160,000 12:00 Noon.. 2:00 P.M. 290.000 520,000 mvmmn Tates as given (n the above table are the annual | cash payments based on the latest qua x e e rierly or half- nmy 5 Unic of trading less than 100 shares, | plus extra. to cancel the huge concession given ‘the Standard Vacuum Co. had agrees it by the Ethiopian emperor, 3 “ LOANS AT 59, oon downtown centrally-located busi. ness riy. Al t st 5'1%. Ret able co -ll- "I'yler and Rutherford, Inc. 1520 “K” St. N.W Natl. 0475 MASSACHUSETTS INVESTORS’ TRUST Prospectus Will be Sent on Request A. S. GovLpeN & Co., Inc, Woodward Bids. Natl. 2000 % W o Aumont paac | Notice Of fro and vezetable prices furnished "by the Department of Agriculture, follow! One-pound _ prints (92 score), i-pound prints (90 sccre), 1-pound prints (89 score), | pur strip_bacon, Tare18ate: compound 131,a147 s(ock—?iu hon. n_so-lo‘fiw edium. gn 8.—Market firm. 1iebt. Price_on Government dated eggs up 1 cent today. ol Current receipts, 26a’ ites, average. 28ad0: fancy, 1 Government-graded _an: White esgs (incinding Rrading snd. keting costa): U, 8. extras, larfie, extri mediums, 35'2; U. 8. ltlndlrdl. 2. LIVE OVLTRY —Market unsettled and barely steady to weak, although prices of yesterday still_holding ‘this mornin ier receipts. Fowl: Colored. heavy. 1 mediums. 15: l.nhorm. 14: roostes Spring _chickens: Leghorns, 18a: mouth Rocks, average. 20a31: fancy. 2 24 Fith only a few at iop uotation: mixed colors. 20. Fruits and Veretables. !-lu !n l-rn Jots by original receivers, up to today: track. No. ini- mum. 40a50: Fieetneh mintmum, 50865: 2%a-inch minimum. 75a85; Duch ess, ‘3 8. No. 1. .!'/.-meh minimum. 35!40, 2 »z-lnch nim: 50a60: Wealthys. . No. 00 20 inch minim 5. No. "1 2ia-fnch mini- round 65: 2%-inch mini- Grimes, U. 8. No. 1, in- Sainen mintman 008 a, Delicious., U. h 2i4 inch minimum. 14083 80: 2a-nch miaimum, 1.7581.86; 2 o, Y- ‘minimum, carlot Supp arrivals; lies light: A%0: g ls' CANTALOUPES—No one broken ur on track. mi et umbo flats. o lo lY-IIIlll’ll IONEYDEWS—No urm arrivals: two bmkln cars on trlek Supplies moderate: demand light: California. standard crai 125, L75s2.00; Jumbo crates, mu urln i PERSIAN MELONS—I two broken cars Gll wn erate. fornis, l%‘l."l g | Teorted 1n" receivershly or' being v, mmary. with egs, live poultry. | dozen standard crates, ) 55 and 6s. 1.50: ponys, DIOKen and fous UNbroRen cars on irack d light LETTUCE—T' car diverted; thre! broken an Broken cars on track. ~Western stock— rnlles moderate: demand light; market California. Wi rates. lcebers De. £ 0 luurn stock—Si ligne; | demand light: market steady. New York. Eastern crates. Big Boston type, 2-dozen, 5. ONIONS—Three New York arrived: three broken and five unbroken cars on track. ~Supplies moderate; demand light: market slightly stronge: Massachuseits and New York. 50-) pounu sacks, Yellows, U. S No. 1. 1.00al PEAC] e Pehnsylvania arrived; one unbroken car on track. Supplies light demand moderate; market steady. New J!r Y bnlhel baskets, Elbertas, U, 8. No. h g;lsl:llmum. 1.7582.00. -mcn e Colorado _arrive broken_ and one_unbroken " car o tiask Sup%l}u moderate; demand light: markei 5-dozen, nla. 1. 3 DS ivalent te care ‘fi':film"' "{”L‘:'; m'od:l"'ue? e et about steady. Hun- oo sackal Cobtiors, "oy el best, 90; poorer, 75; New POTATOES—N . i T o e S e délfllnd slow: market steady. bushel baskets aualitz, & % catlot no ears on track. s at Teceiptseq lent to four cars. Vlumln 8 lies 1i demand Jight; market steady. 'I!rll‘l;i‘ glol-l'.lfl:l!:flp::l bulk fiwm ‘melons. Tom 10, .00a18.00; primes, Mixed Veretables. MIXED VEGETABLES—No carlot ar- rivals: no cars on track. ipplies light: demand light; market steady. Bushel hampers— }l‘:w.lenu l'lb few 2.00; Eastern Shor ‘GREEN BEANS- Su light; demand I o S g sey and Pennwyivania., busnél hampers. _flat type. 100! 21 —Supplies et steady. ll B hampers, 75, ORANG! Two Clll(ornll arrived: four broken and t unbroken cars on tracks. C‘I.l!urnll. boxes. Valencias. 3.25a4 .50_according to grade and size. LEMONS—Ca 4.50a6.00. lifornia. 1s: two bro- ‘ac) 5. thl; demand light: one-half sccording to grade and size ELERY—One New York arrived: one | market | * d. 4-7 | crates 5.00 per crate. BROCCOLI—Pennsylvania. crates. 1.25. GRAPES—No_ carlot arri 0. | jnloaded: no cars on_trac Californ ugs. Thompson seedless. 1.40 = e T el S sOeL 0; Beia- Plums and Fresh Prunes. PLUMS AND FRESH P ington. lugs 1.70a1.25. | BEETS_Fennarivanis. bunched. 25430. CABBAGE—One N unbroxen car on track. New Work' on pound sacks. round type. 60. = CUCUMBERS — Pennsylvanis, bushel baskets. 1.5 EGGP! ‘—New Jersey, bushel CORN—Pennsyl CARROTS—California Western lettuce 50, New York. 75. boxes. 1.00a1.25 carlot ‘arrivals; gne broken car on track. Colorado. crates. 1.35a1.50. LIM! da. Persian. ventilated grates. 4. uou 50" one-tourth erates. 1 FIGS—California. flats, 7 ‘TOMATOES—New Jerse: -nuu. 50 Marsland. Ll!—hle of Pines, 3.0004.00. as to size. e car arrived; one un- -Wash- kets, paw crates, PINEA] crates. sugar-loaf. nondn—u lui Timy bu hel baskets :.' s figs. llunh c rcnnH‘Pohu-hel hnnu lima beans. 65 one»hll! bulh!l baskets okr: 35 Busner baskets nmylv-nu—|u hree-pound ba: ms. M Beiaware — 42 three-pound baskets mushre Virginiac—s barrels watercress. Tnknown origin—96 crates mixed ves- 3 BOSTON WOOL MARKET. BOSTON, September 4 () (United States Department of Agriculture) .- Fine Western-grown wools had a fairly good demapd. Good to choice Prench combing and average strictly combing 64s and finer territory wools in original bags brought 72a73 cents scoured basis. Average to short French combing of similar grade originak | lines moved at 68a70 cents scoured basis, while short French combing | staple realized 66a68 cents. Clothing | 645 and finer territory wools sold at 5267 cents scoured basis. } RUNES— approximately 16 pounds. QUARTERLY DISTRIBUTION The Board of Directors of Th Maryland Fund, Inc., announce the declaration of a regular cash, distribution of 10 cents per share and an extra cash distribution of S cents per share to holders of record August 31, 19393, payable September 15,1935. Checks will be mailed by the Disbursing Agent, The Chase National Bank of the City of New York. LAWRENCE W. SCHMIDT Secretary SEPTEMBER 4, 1933 —OFFICES— SAUL BUILDING 925 15th ST. N.W. Tdeal location, opposite McPherson Saquare: elevator building. well kept and_under constant supervision. $38.00 923 15th ST. N.W. ELEVATOR SERVICE 614 SQUARE FEET..._$50.00 1621 CONN. AVE. N.W. 3 rooms, suitable for professional purposes; elevator service, REN’ 5.00 —STORES— 1616 K 81‘ N.W. Gro eat furnished: lnnnxm-telfl T;‘ square feet. B. F. SAUL CO. Nationsl 2100 925 15th 8t. N.W.