Evening Star Newspaper, September 11, 1935, Page 16

ot FINANCIAL THE EVENING STAR, WASHINGTO C., WEDNESDAY, SEPTEMBER 1 FINANCIAL. HAMLTONELECTS [TRANSACTIONS ON THE NEW YORK STOCK EXCHANG E|ByLL[SH MARKET R R ems B BE IN MAJOR DRIVE 'amx d Bales— Net. |High. Low. mmmdmu. moo High, Low, Oloss. Obge. | High. Low. Dividend Rate. Add 00. High. w'me-.onu Hign Low. Diviaehd Rate. 4460, Hien. Low. Close. Onge. Forward Progress, How- Prev. 1036 . . Close. Chge. 97% Comcl In T pf(4%). 18 101 100% 100% — % | 18% 10% Kelvinator (150¢).. lz% 74% 28% Republio Steel pf. .. 6% 73 - % e Aemmo'émf 5':“')..:“02 Bk 23% 1‘7:': Comel Solv 7«0_«)_ 217 20% 20 20% + %| 24% 13% Kennecott C (60c)_. 73% 28 Republic Stl pf cod . % 8 - % 9% 4% Adams Express_... 102 9% 2% % Comw & Southern_. 2 % i"m }g“ 2!!» Cll‘rsk s()ll‘lll’fie)x s ;_6' + % g:)i };lz gm%d-sln‘ml( l()l 22% 22-« + % i 6! (3). eSE % e eyn’lds Spring(1). Y% i o2 Adame e i 7 o St o1 g::‘:l::mogflplfi ) 32 224 Kroger G&B 2 80% + %/ B6% 434 Reynolds Tob B (3) - & Y tter ntal . __ e i e s 27 12 LacledoGasStL__. ” 204 —1% | 44% 291 Royal Dal.70 i-iéa. 71 ConCpr bt ww 6% 8 22 Tasoert o o 2" 62 Consol Cigar pf (7). MRS e 46 36% Safeway Stores (2). 37% 37% — i Y 8% Consol Film 12% 8 Lee Rub&Tire (50c) % 10% = % | 113 104% Safeway Strs pf (6) 40s 110% 110 110% ever, Is Resisted by Per sistent Selling. 144 Cons Film p;(%l(‘é))- et e 1145110 Satoway Strapt (1) 308 113 112 112 -1 nsol Gas ; B 13% 5% Lehigh Val Coal pf. = 14 4'% Advlnca»Rume]‘%;,- Creamer and Schooley Are 14;:: 1040 Atr Rodaotion (18y- Advanced to Assistant | 23 5% Alnaks Wrap paper 2% % Alleg Corp (d) s Managerships. 85 2% Alleg pf wS30w (a). T% 2 Alleg pf w$40w (d). BY EDWARD C. STONE. !;u é;: :Hez pf =™ :ad))' = Directots of the Hamilton National ' eg pr pf ( Bank elected two assistant branch 152" 131 Allegheny Stl (1) x il 5 Allfed Chem (6) - managers at a meeting late 3es}erda), 7% 3% Allied Stores ... Francis J. Creamer to serve in that| 73x, 49 Alljed Stores pf (5) capacity at the Seventh street branch | 29s% 12 Allis Chalmers _ and John H. Schooley at the bank's 14 Alpha Port Cmt (1). office at Pennsylvania avenue and 214 Amal Leather . Twentieth street. 48% Amerada Corp (3) 41'; Am Ag Ch(Del) (3)- Mr. Creamer has been in the bank-{ 307. 131; Am Bank Note .. ing business for 17 years, is a graduate 43 Am Bk Note pf (3). of Washington Chapter, American In-| 38w 21 Am Brk Shoe (1) gtitute of Banking. and has made a| 1285119 Am Brk Shoe pf (7) . special study of credit, real estate and 1;‘,‘:;- l%':: :z g::;';_;una”-- bank management. He is 33 years old 571 2513 Am Car & Fdry pf.. and has been note teller at the Seventh § AniChames & street office. He fills a vacancy caused | 95 38 Am Chain p! by a resignation. 2% Am Colortype_ Mr. Schooley has been in the bank- ‘ zé:= :: (C:g";i]nlAsl? e ing business 10 years, is a graduate of 7ot A Criss it :f A National University Law School and a % Am Encaustic (d) . member of the District of Columbia %« 2 Am & Forelgn Pwr Bar. He also has been a note teller | 3 12 Am & For Pw $6 pf at the branch where he now becomes 2 14 Am & For Pw $7 pt assistant manager. His position is a :‘u Amiz'l-‘or;w zs‘s?l‘y newly created one, made necessary be- e 23: :: Hiad‘:s& :":“n" cause a very substantial increase in 2 17 Am Hide & L pf business at the Pennsylvania avenue 295 Am Home Pr (2.40). Jocation. 2% Am Ice John M. De Marco is manager of 18 Am Ice pf (6) the Seventh street office and Ernest e An nmational Gerstenberg the branch on Pennsyl- i Am Locorotive. vania avenue. They were placed in 32 Am Locomotive pf_ charge of these offices at the time the 25 18': Am Mch & Fv (80¢) banks were made units of the Hamil- 4'¢ Am Mch & Metals__ ton National when the new institution 4'; Am Mch & Met vte i saried 24% 13t; AmMetal __ _____. 3 1'2 Am Power & Light_ &% Am Pw & Lt $5 pf__ 10% Am Pw & Lt $6 pf. 10'; Am Radiator 15% Am Rolling Mills Gay Voices Exchange’s Views. Charles R. Gay, president of the New York Stock Exchange, told the Financial Advertisers’ Convention to- 66 Am Safety Raz (5). day that the exchange’s present task is 4'; Am Seating vte to disseminate candid information ‘:o gtlvu :m ghm’l:lg:R(l') dispe] a popular conception of the 31% Am Smel ef smfi market as symbolic of the de- 7% 103 :msg&Rfle'{.'gg 113% pression, according to dispatches re-| 5 A: ‘s"l':el M ceived here from Atlantic City. 88 Am S0 Fary b Gy, The exchange president said busi-! 3313 Am Stores (12) ... hess generally owed a responsibility to | 51% Am Sugar (2) .caa.. the public. which, in a sense, gave it itaan gs;:{;‘{){;m) - *popular franchise” to operate. 987, :Am Tel & Tel (9).. The Stock Exchange specifically, he 7215 Am Tobacco (5) declared. was under necessity “of maintaining at all times a scrupulous distinction between public relations end promotion.” In this respect, he said, the Exchange differed slightly from private business. which might press forward aggressively without ex- posing itself to general criticism. He added that the stock market was @& target for prejudices and antag- 314 Andes Copper.. onisms directed against bankers, “big 36 Archer Dan M (t1)_ business” and New York City itself, | 1221 117 Archer Dan pf (7)-. apparently a natural consequence of | 108 97 Armour Del pf (7). the wide economic diversification of 6y 3% Armour of Illinols._ the country. 102 85 }\rm:rof!lpf(xl) e sk ! 70% 55's Arm'r(Il1)pr pf (¢ The task of the Exchange, he as-| (0 301 ArmrC)BY o 16% g Cork b gerted, included not only the publica- 8 4 ' Axnold Corstable tion of the facts and statistics with! 15, 71, Asso Dry Goods which it dealt, but “breaking them | 108 807 Asso DG 1st pf(39). down to show what they mean.” i;';u ;Zfl. 2::: ;xg so ;fi;. Seven BaukiBules Reyisc. 374 19% Atiantic Coast Line The Federal Reserve Board has| g* ais. atlantie Ref (1) tentatively completed revision of seven | 461, 32% Atlas Powder (2)_. of its regulations under provisions 114 106% Atlas Pwr pf (6) of the banking act of 1935 and sub- mitted the drafts to the Federal Re- serve banks for their comment and mpproval, prior to final adoption by the board in Washington. Tke revised drafts covel Tiy Am Water Works__ 48 Am Wat W 1st (6). 473 Am Woolen __. 35's Am Woolenpf_____ 8 Am Writ Pap (d)._. 2% Am Writ Pap pt (d) 3 Am Zinc & Lead _. 8 Anaconda Copper-.. 1614 Anaconda Wire._. 65 13 Baldwin Loco (d) - 26% 7'; Baldwin Loco pf (d) 713 Baltimore & Ohio__. Member bank borrowings from Re- 914 Baltimore & Oh pf_. serve banks. 100% Bamberger pf (8%) Regulation of savings deposits !nr 49'; 36'x Bang & Aroos (2%) purposes of determining reserve re- 115 106 Bang & Aroos pf(7) quirements and interest payments. ‘;:- 3% Barker Brothers Reserves of member banks. S 2 g;"':”k‘”é‘l'g‘::"(‘;l) Membership in the Reserve System | 75" 107, Ba)):uk Cistpt () of State banks under section 9 of 141 Beatrice Cre (a50¢) the act. | +100!; Beatrice Cre pf (7). Loans of executive officers of mem- 2 72 Beech-Nut P (13) ber banks. 11% Belding-Hem (al)_. Holding company affiliates and | 21° 11:" Bendix Aviation granting of voting permits. 195 ;2" g::::cg; 5")‘1‘“- Increase or decrease of capital stock | 40»-: 21% Bethlehem Steel. of Federal Reserve banks. | 103% 55% Beth Steel pt(a1%) Groom Busy on A. B. A. Trip. fi‘i‘u 1;: gllgelol;wsan Corp Thomas J. Groom, vice president | law-Knox - and cashier of the Bank of Commerce | 112 1034 Bloomingdale pf(7) & Savings, has been asked by Charles | j&* “cit Bo:::agnmrpl‘:n H. Doing, president of the District| ggr. 398, Bohn Alum &Br (3) Bankers' Association, to arrange for | 10 transportation for the party of locali 47% 42 Bon Ami (B) (12) financiers, who are planning to attend | 26% 21 Borden Co (1.60) the annual convention of the Amer- | 2814 Borg-Warner (2)__. fcan Bankers' Association in New Or- 2:4 go‘;wn g;télnme e leans in November. At this meeting e 21 B;gg:"Mlg'&‘)’ 5 g}obert V. Fleming will be inducted 2310 Briggs & Strat (3)_. nto office as president of the A. B. A. 4 30% Bristol-Myers (12)_ Mr. Groom has sent out letters to | 3612 Bklyn-Man Tr (3) _. fhe various banks here asking how 1132 g;:vn-:lan ':‘(vzt)(t). Smany are planning to attend the con- yn 12 P Wention. Quite a number of bankers 2 ‘gx g‘“;“";"‘:::’.’l'afl’l‘("” Jave already said they will go, most i B:zy:‘“ -~ ‘of them being accompanied by their s': Biicyriia Etie e wives. It looks now as if the delega- 6 3% Budd(E G)Mfg. . __. tion would be the largest that has; 49% ettended an American Bankers' Asso- 67 ciation convention from Washington.| 19% 8% Bullard Co - Efforts have been started toward se-| 10% 3% Bulova Watch_ curing a special car which may be| I % Burns Bro B (d) , " % 3 Burns Bro pf (d) attached to a bankers’ §pec\al carrying | 901, 131 Burr Add Mch(60¢) bankers from other cities. 31n 1 Bush Terminal (d). Ghingher Officially Resigns. 10'2 5% Bush Term deb (d). Baltimore dispatches today an-| 2% 1% Butte Copper&Zinc. Tounced the official acceptance of the | ,i% | & Butterick Co (d) yesignation of John H. Ghingher as 2 = *Maryland banking commissioner, ef- fective next Monday. John Hostel-| 42/ 80)% Callfornia Pkg(1y) horn, who has been deputy commis- 2#, Calumet & Hec #ioner for many years, will act as Tl Campbell-Wy a40e. commissioner until Ghingher's suc- 81 Can Dry G A (40¢) .. cessor is chosen, Gov. Nice said. 9% Canadian Paciflc Commenting on the recent rise in 30 Cannon Mills (2) the stock market, Chairman Jesse H. A Caniis) Aumin14)- Jones of the Reconstruction Finance ;6,'5"" Vo % s Caterplllar Tr (t1)- Corp. declayed It certainly is a defi- 19% Celanese Corp_ nite indication that Wall Street thinks 1% Celotex Co (d) Fecovery is upon us.” 11% Celotex Co pf (d) ita - 22% Cent Aguire (1%) .. Capital Trafmslt Stock Gains. 34 Central RRof NJ. Capital Transit stock advanced to 6% Century Rib Mills 17% on the Washington Stock Ex- 96% Century R M pf (7). change today. It closed with 1712 bid 8% Cerro de Pasco (4)- and 177 asked. 3% Certain-teed Prod . Washington Loan & Trust Co. 23 .ertain-teed Pr pf. recorded a sale at 200 at the opening 37% Ches & Ohio (2.80) of the market today. Later five shares 36 Chesapeake Corp(3) 8 Chi & Grt West (d). moved to 198 and five more back 13 Chi & Grt W pf (). &t 200. 15% Chi Mail Order (t1). In the bond division, $1,500 George- 3 % Chi Mil StP&P (d). town Gas Light 5s changed ownership 3, Chi M StP&P pf (d) at 112%. 1% Chi & N W (d) ... Heard in Financial District. el SAERIES ‘Harry P. White, assistant treasurer 20 Chi Pneu Tool pt of the American Security & Trust Co. % Chi R I&Pac (d) and manager of the Northeast Branch, 1% Chi R 1&P 7% pf(d) is spending his vacation at Atlantic 25% Chickasha C O (2).. City, N. J. 3% ChildsCo . ..._.. " George O. Vass, vice president and M 31 gfl' = f.c;‘;l:l‘g;- eashier of Riggs National Bank, is é;% S ceawett "‘)- back at his desk from a month'’s vaca- 5 3% City Stores. tion. 18% 124 Clark Equip (80c)__ John M. Riodon, vice president of 35', 275% Clev Graph Br (11). the Bank of Commerce & Savings, has 20 Cluett Peabody (1). returned to Washington from a two 128 110 Cluett Peab pf (7).. weeks' visit to Atlantic iCty. 53% Coca-Cola A (3) 15% Colgate-P-P (50¢) .. BANKS CLOSED TOMORROW. 9 Collins & Alkman__ 69% Collins & Alk p!d()'l) lo Fuel & Ir (d) ... BALTIMORE, Md. September 11 e (Spechl) — All banking institutions in Maryland will be closed tomorrow because of Defenders’ day, a legal 10% Colo & South __ 7 Colo & Scu 1st pf_. holiday in the State. 6% Colo & Sou 2d pf. 3% Col Gas & Elec 35% ColG& Epf A ( 8415 Colum Ple vto (1) 67 Colum Carbon (4) . 391% Comel Credit (2% )- 56% Comecl InvFTr(12.80) Torrington Co. (Maine) common share earnings, year ended June 30, were $3.62, vs. $3.98, * 5 31 185 29 4 111 3 5 101 12208 23Y% 103 14% 30s 108'% 210s 78 27 15 146 3 1 95 2 1 2 | +1014411 Li++14+1 ++ 4+ FEFIE FFReEFEF FP ¥ 724 Consol Gas pf (5).. 2% Consol RR Cuba D{. 14 Consol Textile ... 8% Container Corp (A) 27 Container Corp (B). 4% Contl Baking (A)... 5 Contl Baking (B)... 62% Contl Can (2.40)___ 7 Contl Dia F' (a65c)-. 287% Contl Insur (11.20). 41% Corn Ex Bk&Tr ll) 62 Corn Prod Ref (3).. 4'4 Coty Ine ___ 12! Crosley Rad lllse) 23% Crown C&S (1) ___. 3! Crown Zelleb'k vte.. 14 Crucible Steel __._. 471 Crucible Steel pf. 5 CubaRRpf.. 5'% Cuban-Am Sugar._.. 40'; Cuban-Am Sug pf.. 397 Cudahy Pkg (2%).. 15 Curtis Publishing.. 8915 Curtis Pub pf (7). 2 Curtiss Wright.___ 64 Curtiss Wright (A) 16 Cutler Hammer. 22% Deere & Co _ 19 Deere&Co pf (375¢). 235 Delaware & Hudson 11 Del Lack & West 1'y Den & R G W pf 65 Detroit Edison (4). 35'; Devoe & R (t1) A 2613 Diamond Mtch t1%. 34% Diam Mat pf (t1%) 34's Dome Mines (12)__. 6% Dominion Stores _ 172 Douglas Air (a75¢). 12% Duplan Silk (1) _ l’l‘ 86% Du Pont (13.60)_ 131 126% Du Pont deb (6 115 104 Duqu Lt 1 8 3% Eastern Roll Mills 156 1101 Eastman Kod (15) 27% 16% Eaton Mfg (11) 7% 3% Eitington-Schild 295 19% Electric Auto Lite. 9% 37 Electric Boat — 8% 5% Elec & Mus Ind._._. T4 14 ElecPw& Lt __ 213 Elec Pw & Lt 36 pf_ 3 Elec Pw & Lt $7 pf. 39 Elec Stor Bat (2%). 5 Elk Horn C pf (d) - 14 Eng Pub Sve $5 pf. 4': Equip Office Bldg... T ErfeRR _ &3 Erfe R R 1st pf_ 10%; Eureka Vac C 15 Evans Products(l)_ *y Fairbanks Co._ 4 Fairbanks Co 17 Fairbanks Morse _ 71'; Falrbanks M pf i3% 19% 5% Fed Lt & Tr__ 7% 3% Fed Motor T (al0c) 34 7 Fed Water Svc (A). 25 16} Fed'd D Strs (160c) 41'; 281, Fid Ph F In ($1.20) 114 106% Filene's S pf (613) . 181 13'4 Firestone (40c) 96 84!, Firestone pf A (6) .. 587 45% First Nat Strs (23%) 6. 2% Follansbee Bros(d) 545 20's Food Machine (1) __ 17%: 97 Foster-Wheeler 34 19% Four Nat Iww al.10 28'; 17'% Freeport-Texas (1) 15 Fuller Co pr pf 12 4% Fuller Co 2d p: 5's Gen Am Investors 32% Gen Am Trans(1%) 11% Gen Asphalt . _ 7% Gen Baking (60¢) 146 115 Gen Baking pf (8) 8 5% Gen Bronz 6x 2 Gen Cabl 15% 4 Gen Cabl 641 50 Gen Clgar (t4) 34% 20'; Gen Electric (80c)_ 37': 32% Gen Foods (1.80) __ 1y '4 Gen Gas & El (A) T0%: 597 Gen Mills (3) 467, 265 Gen Motors (12) %| 119 107'; Gen Motors pf (5) 13'; 10 Gen Outdoors Adv A 5 38 17% Gen Print Ink(1.60) 620s 11x Gen Public Servics 15% Gen Ry Signal (1) % Gen Realty & Util 16% Gen Refractories _. 12 Gillett Saf Ras (1) 2% Gimbel Bros 18 Gimbel Bros pf 23% Glidden Co (11 109% 104% Glidden Co pr pf 11 Gobel (Adolf) (d).. 14% Gold Dust (1.20) ... 7% Goodrich (BF) ___. 40 Goodrich (B F) Pl’ 15% Goodyear T&R - 70 Goodyear $7 pf (4)- 2% Gotham Silk Hose. 20 Gotham Silk H pf. 1% Graham-Palge_____ 5% Granby Consol .. 21 Grand Union _ 14% Grand Un pf (1%)-. 18!« Granite City Stl (1) 1% Granite City Stlrts_ 3 4 26 Grant (WT) (11). x 39! 9% Grt Northern pf____ 9% Grt North Ore (50c) 26% Grt West Sug (2.40) 20'; Greyhound Corp 1 Guantanamo Sugar. 6 Guif Mobile & N pf. 48 Guif Stat 30 Hack WpfA (1%)- 4 Hall W F Printing_.. 612 Hamilton Watch___ 63 Hamilton Watch pf. 16 Harbison Walk (1). 99% Harbison W pf (6) 5% Hat Corp of Amer. 1% Hayes Body . el 85 Hazel AtlasGl (5) .. 11 Hercules Motor (1) 71 Hercules Pw (13) _ 128 122 Hercules Pw pf (7). 15% 5% Holland Furnace _ 11 6% Holland & Son (50¢) 42 307% Houd-Hersh (2%) A 613 H'daille-Hers B(1)- 9% Houston Oil ____. 1% Eouston Oil (new). 43 Howe Sound (13 2% Hudson & Manhat. 6% Hudson Motor Car.. % Hupp Motors. —_—— 913 Illinols Central 15 Illinois Central pf. 40 I11 Cent lse lines(4) 2% Indian Refining ___ 231 Indus Rayon (1.68). 4 60% Ingersoll-Rand (2). 46% 1nland Steel (12)__. 21 Inspiration Copper. 4 Insur ShMd cfs 16¢ x 8% Interboro R T (d)-. 4% Interlake Iron.. ... 2% Int Agricultural 83 22% IntCement (1) . 58% 34% Int Harvester 60e) . 162 135 Int Harvester pf(7). 4% 1% Int Hydro Elec (A). 3% 1% Int Merch Marine 5 223 Int Nick Can)(80e 1% Int Paper & Pw (A). % Int Paper & Pw (B). % Int Paper & Pw (C). 4% Int Paper & Pw pf.. 21% Int Print Ink (1) 2% Int Ry Cent Am.._. 9% Int Ry C A pt. 29 Int Salt (13). 42% Int Shoe (2) cceeaee. 16 Int Silver. .. ceeee. 601 Int Slver pf (4) . 5% Int Tel & Tel - 8% Interstate Dept St. 6% Intertype (a20c) 25 Island Creek C ( 67 49 JewelTea (3). _ ... 74% 38% Johns-Manv (ab0c) 10 36 203 19 60 84% 50 Jones&Laugh?7%pf 270s 8% 3% KansCity Southn.. 13% 6% Kans City South pf. 17% 7% Kaufmann D S(80¢) 21% 15% Kayser(J)&Co a%0e 23% 6 Kelsey-Hayes (X).. ? 21% 3% Keisey-Hayes (B).. 7 10 14 ¥ EEFFEFES + 1 FEF §F FE EF > AL I+ E IR+ FEE L+ T4+ 4++ 1441 12 12% + % 4% 4 4 ©103% 104+ % 11% 95 1% 6 Lehigh Valley R R.. 67% Lehman C (12.40) .. 10% Lehn & Fink (1%)._. 614 Libby McNeill & L. 21's Lib-O-Ford G1(1.20) 21 LifeSaver (1.60 93% Ligg & Myers (14)B 16% Lily Tulip Cup(1%) 13% Lima Locomotive.. 24% Liquid Carb (1) ... 44% 31% Loew’s Inc (2) . 108 1% 102 Loew's Inc pf (6%) 1 Loft Inc 130 121% Loose-Wiles pf ('l)- 25% 144% 1% 22% ATh 24% lfl 43 1% 4l 24% 53% 97% 21% 441 2% 14% 21% 8ty 8iy 22 125 17% 104 17 28% 44y 21 113% 18% Lorillard P (11.20). 124 Lorillard P pf (1) % La Ofl Ref (d)__. 10% Lotisv G&EpfA 1%. 34 Louis&Nash(a2%). 12% Ludlum Steel 40 McAndrews&F(12). 28 McCall Corp (2).__. 7% McCrory Stores (d). 6% McCrory Strs B (d). 7% McGraw Hill Pub__. 36% Mcintyre Porcu (2) 90% McKeesport T P (4) 5% McKesson & Rob._. 82 McKesson & Rob pf 81 McLellan Stores. 18% Mack Truck (1) 30'% Macy (R H)& Co 5'3 Mad’'n Sq Gar albe.. 18% Magma Copper (2). % Manati Sugar (d)__ 4 Manati Sug pt (d) 29 Man Elev gtd (d) - 13% Man El md gtd (d) .. 5% Marine Midld (40c). % Market St Ry 3% Market St Ry pr pf. 20 Marlin-Rockwell(2) 6% Marshall Field & Co 4 Martin Parry 23% Mathieson Alk(1%) 357 May Dept Str (1.60) 51 Maytag Co._ 33 Maytag ww ($3%)_ 841 Maytag 1st pf (6) 41 Melville Shoe (2%). 20% MengelCopf . _ 24%4 Mesta Machine (2 2%; Miami Copper e 913 Mid-Cont Pet(albc) 81 Midland Steel Prod. 60'a Midl'd Stl 1st pf(3). 68 Minn Hon R (13)_ 3% Minn Moline Pw ___. 31 Minn Moline Pw pf. % M St P&S S Marie 10% Mission Corp 2'; Mo Kans & Texas _. 57 Mo Kans & Tex of 1i3 Mo Pacific pf (d) . 10% Mohawk C M (a25¢) 55 Monsanto Chem (11) 21% Montgomery Ward. 554 Morrel & Co (3.60) 61': Morris&Essex(37%) % Mother Lode ___ __ 17% Motor Products (3). 7ia Motor Wheel (60c) . 9% Mullins Mfg (A) - 9%z Mullins Mfg (B)_ 13' Munsingwear Inc 4% Murray Corp._. 11 Nash Motors (1) 14 Nashv Chat&StL 4'3 Nat Acme Co. 6% Nat Aviation._ 22'% Nat Biscuit (1.60).. 13! Nat Cash Rg A(50c) 12% Nat Dairy Pr (1.20) 1'3 Nat Dept Stores (d) 17 Nat Dept Strs pf(d) 190s 2314 Nat Distiliers (2) __ 47y Nat Pw & Lt (80c). 40% Nat Steel (11) 9 Nat Supply Co 36 Nat Supply Co ptf. 814 Nat Tea (60c) - 71z Natomas Co (80¢) .. 21% Neisner Bros (11) . 4% Newport Industries 18%; N Y Airbrake ____ 12 NY Central RR 6 NYChicago& St L. 1‘1 N Y Steam 1st (7). 30% Noranda Mines (2) % Norfolk Southn (d). 2 North Am Aviation 9 North Amer Co (1) 35'% North Am Co pf (3) 57 North Am Ed pf (6) 131 Northern Pacific __ 857% Northwest Tel (3)_. 1's Norwalk Tire&Rub 94 Ohto Ofl (a18e) .___ 16% Oliv Farm Bq(new) 3l Omnibus Corp . __ 4% Oppenheim Collins_ 11! Otis Elevator (60c) 106 Otis Elev pt (6) 4% Otis Steel . __ 80 Owens-Ill Gl 14 Pac-Amer Fisheries 13! PacificG & E (1%). 19 Pacific Ltg (2.40)__. 12 Pacific Mills__ 70 Pacific Tel & Tel (6) 136 111% Pacific T & T pf (6) 6% Pac Wn Oil (b40c)_. 31 Packard Motors 10% Pan American Pet 13 Panhandle Pro & R. 8 Param’t Pic (new)_. 84 Param’t Pic 1st pf__ 9% Param’'t Pic 2d pf__. 11 Park & Tilford 2% Park Utah . % Parmelee Trans; 5 Pathe Film Corp. 8% Patino Mines_ % Peerless Motor 6415 Penick & Ford (l).. 57% Penney JC (2) ..o 2% Penn Coal & Cok: 17% Penn RR (1) 30 Peoples DS (11) 17% Peoples Gas Chi 9% Pere Marquette. 13 Pere Marquette 16% Pere Marq pr pf. 75 Petrol Corp._.. 12% Phelps Dodge(a25c) 23 PhilaCo6% pf (3)_ 3814 Phila Co pf (6) new. 31, Phila Rap Tr pf(d). 100l 1% Phila & Read C&I. 35% Philip Morris (1) .. 13% Phillips Petrol (1).. 3 Phoenix Hosiery._. % Pierce Oil 2% Pierce Ofl pf % Pierce Petroleum__. 5% Pitts Screw & Boit_ 22% Pitts Steel pf _ 1% Pitts United Corp. 24% Pitts United C pf.. 6% Pitts & W Va. Pittston Co. 6% Poor & Co (B) . 1% Porto R Am Tob(A) % Porto R Am Tob(B) 4% Postal Tel&C pf (d) 5 Pressed Stl Car (d). 6% Pressed St1 C pf (d) 42% Proc & Gambl (1%) 20% Pub Sve N J (2.40)_. 73 PubSve NJ pf (6)- 34 Pullman Ine (3) .. 8% Purity Bakeries (1) 4 Radio Corporation . 50 Radio C'ppf A (3%) 35% Radio Corppf B___ 1% Radio-Keith-Or (d) 4% RRSecIllCent___. 16% Raybestos-Man (1) 29% Reading (2) _____ 3% Real Silk Hosiery. 20% Real Silk Hose pf_. 7 Remington-Rand 21% Remington-R pr pf. 69 Rem-Rand 6% pf___ 2% Reo Motor Car_.... 9 ‘Republic Steel.e.. % 113 113 115% 114% 17% 17% 21% 21% 38% 37 32% 32% 45% 43% 106% 105% 1% 1% 2% 24 39% 39 122 121% 26% 25 20% 45 2345 42% 1% 11% 11 101% 5T 41% 35 5% 10% 23'3 113 100% 139 139 139 + % 2 L] S s 21 4+ % 46% +1% 23% -1 42 + % B1% +1% Ti+++td FFEFELFS 1+1+1+ 13 FEFEER EREET 1444+ ++ &8 - s [ 0 | NS +4+1l1+4++ * 4441 44+ (R ARE 2] WORE P EFEF FR FFEF FF 3% 3% — W 18% Fysk — ¥ * 13% 4% 75'% 121 3 12% 5% 19% 3 9% 5iy 23% W —_— 1w 21% 25 3812 40 27% 105 4% 83 _—_— 10% St Joseph La (40c) 22 204 20% — % 10 St L Southw'n 6 Savage Arm: 22 Schenley Distille: 1% Schulte Retail Strs. -8 Schulte Re Strs pf._ % Seaboard Air L (d). 20% Seab’d O Del (t60c) 81 BSears Roeb'k(a75c) 1% Second Nat’l Invest. 7% Servel Inc. 9 Sharon § 3% Sharp & Dohme 43 Sharp& D pf (3%)- 7% Shattuck(F G) (25¢) Sheaffer Pen (al)_. 5% Shell Union Ofl. 63% Shell Union Oil pf_. 8% Silver King C(40¢c).. 6 SimmonsCo.._. 5 Simms Pet (a50c). 6% Skelly O11 = 13 Sloss-Shem. = 24 Sloss-Shefleld pt.. 15% Snider Packing - 10% Socony-Vae (30c) 20 Sou Porto R Sug(2) 10% South Cal Ed (1%). 12% Southern Pacific___ 5% Southern Railway.. 7 Southern Rwy pf.. 5 Spalding (A G). 3% Sparks-Withington. 32 Spencer Kell (1.60). T% Sperry vtc (a2bc) . 833 Spicer Mfg. 43% Spiegel-May-Stern_ 13% Stand Brands (80c). 2% Stand Com Tobacco. 1% Stand Gas & Elec._ 1% Stand G & E $4 pf. 4% Stand G& E $6 pf.. 6 StandG&ESTpf . 7 Stand Inv Corp 27% Stand Ofl of Cal (1) 23 Stand Oll of Ind (1) 35% Stand OIINJ (11)_. 121 Starrett (L S) (1) __ 58% Sterling Prod (3.80) 40 Sec Nat Inv pf $23. 200s 208 1% Sterling Secur (A)-. 3'a Sterling Secur pf___ 36 Sterling Secur cv pf 6% Stewart-Warner ___ 215 Stone & Webster._. 21, Studebaker Corp___ 6015 Sun Ol (11) . 115'3 Sun Oil pf (6) ... 1% Superior Oil__ 5 Superior Steel___._ 3% Sweets Coof Am ... 14% Swift & Co (150e) .. 1% Symington (A)(d)- 6% Telautograph (60c) 4 Tennessee Corp. 1615 Texas Corp (1) ___. 28% Texas Gulf Sul (2)_ 14 Texas&PacRR. 3% Tex Pac Coal & Oil 813 Tex Pac Land Trust 134 Thatcher (1) ... 50 Thnatcher M pf(2.60) 5% The Fair _ 13% Thompson Products 1% Thompson Starrett 7 Tide Wat Asso Ol 84 Tide Wat A O pf(6) 4% Timken-Detroit __. 28% Timken R B (11)__ T4 Trans & Westn Air 47y Transamerica (30c) ‘s Transue&Williams 1% Tri-Contl Corp 4% Truaxz-Tra Coal 31 Truscon Steel 13 20th Century Fox 25 20th Century Fox pf 18 Twin City R T pt 53% Und-Ell-Fisher (2) x 29 Union Bag&Pap (2) 44 UnCarb&C (1.60). 14% Un Oil of Cal (1) 821 Un Pacific (6) Un Pacific pf (4) .. Un Tank Car (1.20) 97 United Alrcraft. 41; United Air Line vte 20% United Bisc (1.60) United Carbon 2.40_ 2 United Corp United Corp pf (3)- United Drug United Dyewood _ United Dyew pt (7) United Elec Coal. . United Fruit (3)___ United Gas Imp (1) Tls United Gas I pf (5) * U S Distributing 5 U 8 Distributing pf 413 U S & For'n Secur. 11 U S Freight (1) _ 40% U S Gypsum (1) . 5 US Hoft . 35% U S Ind Alcohol 3% U S Leather vte__.. 713 U 'S Leather A vtc 53 U S Leath pr pf vtc. 14% U S Pipe & F (50¢c) 3 USRealty & Imp_.. 914 U S Rubber____ 241, U S Rubber 1st pf__ 9215 U S Smelt & R (a6) 62% U S Sm & R pf (3%) 2714 U S Steel 73% U S Steel p! 119's U S Tobacco (15) .. 3's United Stores (A)_. 51 Univ Leaf Tob (92) Univ Leaf T pf (8). v Pic 1st pfd .. 1 UnivPipe& Rad___ 915 Univ Pipe & Rad pf 1040.1 0 % 33 1 UtilPw &Lt (A) 1y Vadsco Sales Corp. 11% Vanadium Corp 11% Van Raalte (a2e).. 34 Vick Chem (12). 21 Va-Car Chemical _ 1713 Va-Car Chem 6% 723 VA El & Pw pf (6)__ 2 Va Iron Coal&Coke. 63 Vulcan Detin (a4)__ 1% Wabash pf A (d)_ 4! Waldorf Sys (50e 26% Walgreen Co (1. 1% Walworth Co . 5 Ward Baking (A)._.. 1% Ward Baking (B) . 2814 Ward Baking pf (2) 2% Warner Bros Ple._ . 14; Warner Bros Pic pf 2% Warren Bros 7% Warren Bros cv pf_. 20% Warren Fdy&P (2). 4 Webster Eisenlohr. 301% Wesson O&S (150c) 72 Wesson O&S pf (4). 34 West Pa Elec (1)A 2 36 West Pa Elec pf (6) 39% West Pa Elec pf (7) % Westn Dairy B vte_ 52 Western Maryland_ Tl Western Md 2d pf _ 2% Western Pac pf (d). 7 20% Western Unton ___ # 18 West'gh'se A B50c. 21% 46% 82% - 28% 6% 38% 28% 84% 5% 4% 32% Westinghse El a50c 90 West’h'se 1st pf 33 10 Weston Elec Inst__. 16% Westvaco Chi '40c) 14% Wheeling Steel 46% Wheel Stl pf(31%).x 67 White Motor = 13% White Rk M S(1.40) 6 White Sew Mch pf_ 1 Wilcox Oil & Gas . 3% Wilson & Co (a25e). 58 Wilson & Co pf (6)- 51 Woolworth (2.40) ... 11% Worthington Pump. 25% Worth Pump pf A_. 3% Wrigley W jr (13).. 17% Yale & Towne (60c) 2% Yellow Truck 18 Young Spr& W (2)- 13 YoungstownS& T_ 3815 Youngst'wn S&T pf 1% Zenith Radlo_. 2% Zonite Products.... 11144 & OTEFrEE +++11 FEF STOCK AVERAGES Indus. Rasts. Ut s0ds, Net change. +6 +4 +5 +.5 ‘Today, close *68.7 27.5 38.8 *50.9 Prev. day.. 68.! 27.1 383 504 Month ago. 65.3 264 383 488 Year ago-.. 479 246 264 36.7 1935 high_. 68.7 276 39.3 50.9 1935 low.... 495 185 21.6 348 1934 high 614 430 406 514 1934 low.... 453 228 242 349 1932 low.. 175 87 239 169 1929 high.__146.9 153.9 184.3 157.7 1927 low.... 51.6 953 618 618 (Compiled by the Associated Press.) *New 1935 highs. By the Associated Press. NEW YORK, September 11.—The bull campaign in the stock market reached the proportions of a major drive today, but forward progress was | resisted by persistent selling. Several issues, including rails. com- munications and motors, rose 1 to 4 points to new 1935 highs, but the ad- vance was shaded somewhat by late selling. The list showed a strong un- dertone in the closing dealings, how- ever, and transfers aggregated 2,577~ 450 shares, the largest since July 26, 11934, when the total went over | 3,000,000. Radio in Demand. Radio was taken in big blocks in !the late dealings, rising fractionally above a price of 8. One transfer of 25,000 shares appeared on the tape, The preferred “B” jumped 3 points United States Gypsum rose as much | and Westinghouse Electric advanced 4. Gains of a point or two were reg- istered by such issues as Chrysler, Johns-Manville, Montgomery Ward, | Loew’s, New York Central, Great , i Northern preferred, Howe Sound, 1 ) % ) e % Greyhound and others. Professional bullish activity in the rails was said to be based both cn a | beliet that they were behind the mar- re' and the hope that chart readers and mh-r market technicians would take a more enthusiastic attitude to- ward the list, if the rails could be brought forward to “confirm” the advance in the industrials. On the brighter side for the rail- | roads was seen the gradual reviva’ heavy-goods industries, which cor | tribute the bulk of the profitabic ' | freight, and indications that some | roads were getting in a position to d 1, | some refunding and thus cut interest L B % +2' g +1% 2, 2 +1 g charges. Jesse Jones has recently been working on the problem of gett New York Central’s bank loans fundec On the other hand, many circles in Wall Street were wary of the carriers, inasmuch as many are still not earn- ing their fixed charges. Chicago Grain By the Associated Press. CHICAGO, September 11.— Set- backs of wheat values late today re- | sulted from profit-taking on the par of holders and because of hedgin sales. Hedging proved burdensome in viev of notable absence of any sustaine speculative demand. It was curren | gossip. however, that a good export business had been witnessed in Ca- nadian wheat WHEAT— Open. High Low 3 0t HFEN 15 (‘hnugo Cash Market. o Cash wheat, No, 2, red, 95%;; No. 2, corn, No. 2, yellow, 83!, : No. 3, white, 83; oats, No, 4 white, tough, 2714a281,; 31'2a%; rye, No. 2. 52; wheat, soybeans; barley A sample grade, 43: feed, 35a4$: malt- ing, 50a70: timothy seed, 2.50a75 hundredweight; clover seed, 10.25a | 16.25 hundredweight. Baltimore Quotations. BALTIMORE. September 11 (#).— Wheat, No. 2, red Winter, garlicky, spot domestic, 83':; September, 83': Liverpool Grain Prices. Wheet futures closed very firm HIR.’\ October _ December | Marc Exchange. 4.t New York Cotton By the Associated Press NEW YORK, September 11.—Early | advances of 7 to 10 points in cotton were followed by slight reactions to- day under realizing and Southern sell- ing. After working up to 2.62, De- | cember was ruling around 10.58 with the market in the late trading about 1 to 5 points net higher. Cotton futures closed barely stexdv. 1 lower to 1 h L. Qctober Deeember January March . May - July T === Spot steady. middhrg. Cottonseed OIl. Eleachable cottonsced oll fytures closed firm. _October. 10.50b: December. s | Sambiary, 10.18a21: March. 10:31: Apn] 5 Sh-% Approximate Sales of Stocks on the N. Y. Stock Exchange. 11:00 A.M...... 1:00 P.M..... 660,000 12:00 Noon. . 1570,000 3:00 P.M Total sales for the day. 2,590,000 Dividend rates as given tn the above table are the annua) based cash payments declarations. sUnit of trading less than on the latest quarterly or half-yearly 100 ehares. ¢ Annual rate— plus extrs. l Accumulated dividends. Pald this year. bPaid reported In Fecels o ,‘fi::lll:; closed l:ln lbfl"la°03¢ h'§ Joa0b. = Sales. 154 "contracts. including 2 switches. b—Bid. Liverpool Quotations. LIVERPOOL, September 11 (#).— Cotton, 2,000 bales, American nil spot, good business done; prices 7 points higher, quotations in pence, American strict good middling, 6.82; good mid- dling, 6.52; strict middling, 6.37; middling, 6.22; strict low middling, 6.12; low middling, 5.87; strict good ordinary, 5.67; good ordinary, 537. Futures closed steady. October, 5.78; December, 5.73; January, 5.73; March, 5.76; May, 5.76; July, 5.76. MONEY MARKET. NEW YORK, September 11 (#~Call money steady: Vs per cent all day. loans steady; 60-90 days. Y off months, ered. CCommercial Baper. X 3, per cent. Bank acceptances Rediscount rate, New York Reserve Bank. 1% per cent MONTREAL SILVEB. 3 MONTREAL, September 1 —-u‘r .90D; 66.28b.