Evening Star Newspaper, September 19, 1935, Page 18

(A—18 ¥¥# MORE WOMEN GET PLAGES IN BANKS Miss Mary E. Anderson Tells of Large Increase in Executive Duties. BY EDWARD C. STONE. There has been a tremendous in- erease in the number of women em- ployed in banks in recent years, Miss Mary E. Anderson, director, Women's Bureau, United States Department of Labor, told the women of Washington Chapter, American Institute of Bank- ing, at the annual dinner of the ‘Women's Committee last evening at the Y. W. C. A. Between 1910 and 1930 the number of women holding executive positions in banks increased from 1,600 to 6.000, she said. ‘Women generally have participated on a large scale in educational activi- ties, the tendency to take advantage of such facilities as are offered by the Institute of Banking probably being the key to their growing importance along all lines of occupational endea- wor. The Department of Labor has been besieged with criticism because women are taking so many jobs, much of the unemployment problem being laid to this reason. Research by the Wom- en’s Bureau indicates this is a fal- lacy, since at least 90 per cent of em- ployed women are working because of necessity and their incomes are meeded for themselves and their de- pendents, the speaker asserted. In conclusion Miss Anderson stated that women control 80 per cent of the country’s purchasing power, hence are deserving of much consideration by the country’s financiers. Women con- stitute 44 per cent of the stockholders In large corporations and own 22 per ent of the stock, she said. Other speakers stressed the import- Bnce of education. Miss Vivian E. Btokes, chairman of the Women's Committee, presided. Including those taking part in the program were Paul ¥. Seltzer, American Security & Trust ©Co.; Charles H. Doing, president of the District Bankers' Association and first vice president of the Washington Loan & Trust Co.; Raymond B. Dickey, dean of the Institute faculty: J. Earle McGeary, president Washington Chap- ter; Edward M. Blaiklock, chaxrman‘ Educational Committee, and Miss Con- stance D. Fogle, member National Women's Committee, A. I. B. After the institute work had been Pproperly outlined for the coming year, there was an elaborate entertainment. Bpecial efforts were launched today for the enroliment of as many women as possible who are employed in the local banks. Bank Auditors Hear Kellogg. Fred C. Kellogg of the Federal De- posit Insurance Corp., made the prin- cipal address at the dinner meeting of Washington bank auditors at the La Fayette Hotel last night. He ex- plained the operation of title I of the banking act of 1935 in its effect upon thc banks and showed the advantages fto both the banks and the public in the permanent plan now in operation. Short addresses also were made by William G. Loeffler and H. W. Wiley. Representatives from the Fidelity- Philadelphia Trust Co. and the State- Planters’ Bank & Trust Co., and the Pirst & Merchants’ National Bank of Richmond, were among the 60 in at- tendance. The meeting was the first Fall gath- ering of the auditors’ section of the District Bankers’ Association. James D. Barrett, American Security & Trust Co., the new chairman, presided. Eccles Selection Gratifying. Bankers here expressed gratification | today over the selection by President Roosevelt of Marriner S. Eccles to the chairmanship of the new board of governors of the Federal Reserve Sys- tem. It is expected he will assume the chairmanship when the new board | takes office on February 1, 1936. Mr. Eccles is at present head of the Federal Reserve Board so will merely be extending his office when the change in the board and the board's Jnethods takes place under the bank- ng act of 1935. There will be six | other members of the board to be| known as governors. ‘Washington bankers were not sur- prised over the announcement by the ‘President. Eccles was considered the logical financier to become head of the new board. His record with the present board led bankers to expect his retention in office. Gov. Eccles is held in high esteem by leaders in the banking district here &nd is considered to have exceptioral ‘banking ability. His address before the District Bankers' Association at Hot Springs last June is still recaided &s one of the outstanding features of the program. He revealed a grasp of the banking situation that was th- tensely interesting. His frank discus- sion of Federal Reserve Board opera- tions was equally enlightening. During the long discussions over the banking act of 1935, while it was pending in Congress, Gov. Eccles gave an unlimited amount of time to con- ferences with officers of the American Bankers' Association that won him mational regard gnd gratitude. Today’s Trading on Exchange. National Savings & Trust Co. stock bpened trading on the Washington Btock Exchange today with 1) shares selling at 100. Later Riggs National common again sold at 210. Lanston Monotype sold at €34 to- day for 20 shares. Potomac Electcic 62 per cent preferred came out at llZ”, while Capital Transit stock moved at 18 following its recent ad- wance from 1715, In the bond division Washington Railway & Electric 4s recorded a $1,000 sale at 105%. During the ses- sion three $500 sales in Capital Trac- tion 5s were recorded at 9634, off 14 from. the last previous sales. Bid and asked prices on other is- Bues were practically unchanged. The regular quarterly dividend on Peoples Drug Stores preferred has just been paid. Harry P. White, assistant treasurer of the American Security & Trust Co.,, has returned from a vacation spent at White Sulphur Springs, W. Va., and Atlantic City. Dollars and Sense Appears. ‘The first Fall copy of Dollars and Bense, organ of Washington Chapier, American Institute of Banking, has eppeared in the financial district. A E. Henze of W. B. Hibbs & Co. is mgain editor. Other members of the staff are J. George Dagenais, Riges National; Kenneth Birgfeld, Ameri- can Security & Trust; Frank M. Dur- rance, Hamilton National, ana Lloyd R. Coates, Second National The first number overs all the ac- tivitles of the institute, especially opening of the Fall class work. It contains reports and plans by com- mittee chairman and ndicates a very busy year ahead. A FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, THURSDAY, SEPTEMBER 19, 1935. FINANCIAL, TRANSACTIONS ON THE NEW YORK STOCK EXCHANGES](][}KSAR[W[AK By private wire direct to The Star. Prev. 1938 d High. Low. Dividend Rate. Add o% mn. 65% 51 Acme Steel (12)oe. 9% 4% Adams DXpress.... 20 n'« 331% 28 Adams Millls (2) . 334 14% 8 Addressog’h (80c)_. 13% 14%4 415 Advance Rumely__ 5% 6% Affiliated Pro (60c). 152% 104% Air Reduction (13). 1% % Air-Way Elec Appl. 20% 15% Alaska Jun (160¢) . 2 % Alleg Corp (d) ... 813 2% Alleg pf w$30w (d). 7% 2 Alleg pf wi40w (d). 19% 6% Alleg prpf (d) 30% 21 Allegheny Stl (1) 173 125 Allled Chem (6) __. 1271 12224 Allied Chem pf (7). 7% 31 Allled Stores._ 49 Allled Stores pf (5) x 12 Allis Chalmers_____ 14 Alpha Port Cmt 2% Amal Leather 26 Amal Leath pf ($2). . 48’2 Amerada Corp (2) .. 41%; Am Ag Ch(Del)(3). 13% Am Bank Note _ Stock anc @ 0 AoanBel oo~ wo o 10 Am Car & Foundry. 25'3 Am Car & Fdry pf. 8 Am Chain 6'2 Am Crystal sunr 72 AmCrys S 1st pf 6. x 300s % Am Encaustic (d)_. 8 2 Am & Forelgn Pwr. 14 Am & For Pw $7 pf. 37 Am & For Pw 2d pf_ 8% Am Hawalian S8(1) 2% Am Hide & Leather. 17 Am Hide& L pf. 293 Am Home Pr (2. 2 Am Ice. . » Am Internation 1-‘ Am La Fran pf (8) - 9 Am Locomotive.. .. 32 Am Locomotive pf_. 18'3 Am Mch & Fy (80¢) 44 Am Mch & Metals__ 413 Am Mch & Met vtc. 13'; Am Metal _ .. 72 Am Metal pf ($2)_. 113 Am Power & Light_ 8% Am Pw & Lt $5 pf__ 10« Am Pw & Lt $6 pf__ 1015 Am Radiator 15% Am Roll Mills a30c_ 66 Am Safety Raz (5). 415 Am Seating vtc._ 26% 20 Am Shipbldg (2)... 51% 31% Am Smelt & Ref 117% 103 AmS&R 6%pf $13% 144 121 Am S&R 7% pf (7)_ 63 Am Snuff (13)__ 12 Am Steel Foundry_. 3313 Am Stores (12) 1812 Am Sumat Tob (1) 9875 Am Tel & Tel (9).-.. 7213 Am Tobacco (5) 74% Am Tobacco B (5) _. 9 Am Type F pf (d) . T's Am Water Works. 48 Am Wat W 1st (6 47 Am Woolen __ 35'3 Am Woolen pf % Am Writ Pap (d) - 2% Am Writ Pap pf (d) 3 Am Zinc & Lead _ 8 Anaconda Copper.. 1614 Anaconda Wire 12!y Anchor Cap (60¢) .. 100 Anchor Cap pt(6%) x 10s 100'« 3'x Andes Copper. 36 Archer Dan M - 97 Armour Del pt (7). 3% Armour of [1linois 1612 Armstrong Cork 500 4 Arnold Constabl 3% Artloom Corp. 713 Asso Dry Goods 35% Atch To&S Fe (a2)_ 66% Atch To&S F pf(5)- 19'; Atlantic Coast Line 21% Atlantic Ref (1) : 32% Atlas Powder (2)._. 106% Atlas Pwr pf (6) . 15 Auburn Auto 5! Austin Nicho 35'; Austin Npf A (2)__ 2% Aviation Corp(Del) 18% 27% 958, 137 110s 14 63 44 1'; Baldwin Loco (d)_. 85 7'3 Baldwin Loco pf (d) 2 71 Baltimore & Ohlo_.. 122 23 9% Baltimore & Oh pf.. 5 110 100% Bamberger pf (6%) 708 49'; 36 Bang & Aroos (2%) 5 115 106% Bang & Aroos pf(7) 260s 67': 32 Barker Brotherspf. 10s 10% 5% BarnsdallCorp ... 39 51'a 371; Bayuk Cigar (t1)... 3 115 107% Bayuk C 1st pf (7).. 10s 14} Beatrice Cre (a50c). 2 72 Beech-Nut P (13)__. 1 11% Belding-Hem (1)--. 8 85 Bele NRyptpf4% 2 1174 Bendix Aviation 137 6% 26% 18 28! 245 19% 105% 33% 106 5% 28% 15% Beneficial Lo (1%)_ 34 Best&Co (2). 21% Bethlehem Steel _ 5% Beth Steel pf(al1%) 14% Bigelow-San Corp. 9% Blaw-Knox _ 28% Blumenthal pf. 614 Boeing Airplane. 39% Bohn 4lum &Br (3) 42 Bon Ami (B) (12) 21 Borden Co (1.60) 28Y% Borg-Warner (2)- 1 Botany Min (d) A__ 8!, Bridgep’t Brass 40c 2415 Briggs Mfg (2) ___. 303 Bristol-Myers (12). 3613 Bklyn-Man Tr (8) . 14 Bklyn& Qpf (2)._. 43 Bklyn Union Gas(5) 3% Brunswick-Balk 4% Bucyrus Erie. 814 Bucyrus Eriecv pf_ 31% Budd(EG)Mfg .. 23 Budd(E G)Mfg pf.. 215 Budd Wheel.. 8% Bullard Co. - —meeee. 3% Bulova Watch_____. 3 Burns Bro pf (d)... 13% Burr Add Mch(60c) 10 Bush Term B pf cod 1% Butte Copper&Zine % Butterick Co (d).-- 11% Byers (A M). 32 Byers (A M)pf 801 California Pkg(1%) 14 Callahan Zinc. __. 214 Calumet & Hecla. T% Campbell-Wy a40e... 8Y% Can Dry G A (40¢).. 50 Canada Southn (3). 9% Canadian Pacific 30 Cannon Mills (2) 4% Capital Admin (A)- 45% Case (JI)Co_. . 8313 Case (J I) pf (4) 361 Caterpillar Tr 1) 19% Celanese Corp.. - 1% Celotex Co (d) 11% Celotex Co pf (d) . 221 Cent Aguire (1%).. 38% Cerro de Pasco (4)- 3% Certain-teed Prod.__ 23 Certain-teed Pr pf.. 3714 Ches & Ohlo (2.80). 36 Chesapeake Corp(3)* 8 Chi & Grt West (d). 1% Chi & Grt W pf (d). 15% Chi Mail Order (t1). % Chi Mil StP&P (d). % Chi M StP&P of (d) 1% Chi & N W (d) 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf_.. % Chi R I&Pac (d) .. 1% Chi R I&P 6% pf(d) 13 Chi R I&P 7% pf(d) 314 Childs Co 31 Chrysler Corp (t1). 14 City Ice & Fuel (2). 12% Clark Equip (80c) .. 27% Clev Graph Br (t1). 12 20 Cluett Peabody (1). 1617 Coca-Cola (8) .- 15% Colgate-P-P (50¢) .. 101 Colgate-P-P pf (6)— 9 Collins & Afkman _ 69% Collins & Atk pf (7) 1 Colo Fuel & Ir (d).. 5 ColoF & 1pf (d).u 10% Colo & South. ... 3% Col Gas & Elec...... 35% ColG& Epf A (6).. 34% Colum Pie vte (t1). 67 Colum Carbon (4)__ 89% Comcl Credit (2%) 56% Comel Inv Tr(12.80) 97% Comel In T pf(4% ). 175 Comcl Solv (160¢)... % Comw & Southern._.. 29% Comw & Sou pf (3). 27 Congoleum-N(1.60) 23% Conn Ry&Lt (43%). 7 Consol Cigar___..... 3% Consol Film 14% Cons Film pf (31%) 15% Consol Gas N ¥ (1). 72% Consol Gas pf (5)_. 1% Consol Laundries... 6% Consol Oil (a25¢) .. 2% Consol RR Cuba pf. % Consol Textile_... 8% Container Corp (A). 2% Container Corp (B). \ 2 4 152 10 510= 25 57 16 150s 40 Eloomammn e 0. 8 mrBoBnmmn { R o o ) i+l 0+4+01010 - - % -1% +1% 50% —1% 28 -% 4% — % 3215 — % 25% — % 58% —1% 6% — % 60 - —1% 46% + % 45 -1 1% 3 314 — % 1% 2% + % 2% — 1154 — % 44y -1 1% 24+ % 2% 4% — 1% T1ts ~1% 15— % 17% +1% 34 —1 21% + % 9 -3 23! 18% — % TP 5614 35 +1 42 - 3u 84 4% — B 24% 13% PN' 1038 - _ Stock and Low. Dividend Rate. AM 00. High. 9% 4% Contl Baking (A)... 1% % Contl Baking (B)_.. 9114 62% Contl Can (2.40)___. 14% 7 Contl Dia F (abbc)-. 42% 287% Contl Insur (11.20). 1% % Contl Motors __.. 15% Contl O Del a62%c-.. 0% 419 27 4 4'4 Coty Inc.. 35% Cream of Wh ( 12% Crosley Rad lnuc) 23 Crown C&S (1) - 7412 CrownWP1st pf(5). 3! Crown Zelleb'k vte. 14 Crucible Steel 47' Crucible Steel pf___ 1 Cuba Co 40'; Cuban-Am Sug bf_ 39% Cudahy Pkg (2%).. 15 Curtis Publishing_. 8915 Curtis Pub pf (7). 2 Curtiss Wright.___. 6% Curtiss Wright (A) 16 Cutler Hammer. ... 22% Deere & Co .. 19 Deere&Co pf 231 Delaware & Hudson 11 Del Lack & West__. 1'; Den& RG W pf___. 65 Detroit Edison (4) _ 2613 Diamond Mtch t1%. 34'x Dome Mines (12) . 6% Dominion Stores . 17'2 Douglas Alr (a75c)_ 1315 Dresser Mfg A bl 6% Dresser Mfg B _ 2 Dunhil Internatl 86% Du Pont (3.60)_ 1267 Du Pont deb (6) 3% Eastern Roll Mills_ 110'; Eastman Kod (5) .. 141 Eastman Kod ot (6) 16% Eaton Mfg (11) ___ 3% Eitington-Schild 19% Elec Auto L (a30e) 374 Electric Boat _. 5% Elec & Mus Ind 1's Elec Pw& Lt . 213 Elec Pw & Lt 36 pf_ 32 3 Elec Pw & Lt $7 pf. 49'; 39 Elec Stor Bat (2%). 132 125% EndicottiJoh nf(7). 41 14 EngPubSve$5pf_. 41'; 14'; Eng P S $5.50 nf ww 42 15': Eng Pub Sve 36 pf_. 4’2 Equip Office Bldg... TxErleRR .. - 813 Erfe RR1stpf ____ 10% Eureka Vac C (80c) 15 Evans Products(1)_ 2 Exchange Buffet _ 120s 4 FairbanksCopf___. 70s 17 Fairbanks Morse __ 7 48 Fed Lt & Tr pf (6) 70s 3%, Fed Motor T (al0c) 39 2 Fed Screw Works . 2 s Fed Water Sve (A) 2 161x Fed'd D Strs (+60c) x 281; Fid Ph F In (11 20) 13'« Firestone (40c) . 841, Firestone nf A () . 45% First Nat Strs.(23%) 19 Florsheim (1) A 214 Follanshee Bros(d) 97x Foster-Wheeler 19% Four Nat ITww a1.10 17" Freeport-Texas (1) 15 Faller Co pr pf Fuller Co 2d pf 12 108 40s 7 GamewellCo . 5'3 Gen Am Investors 5282 Gen Am Trans(1%) 11% Gen Asphalt T Gen Baking (60c)_. 5% Gen Bronze 2 Gen Cable 4 Gen Cable (A) 19 Gen Cablepf __ 50 Gen Cizar (14) 20'; Gen Eleetric (80c)_ 30 Gen Foods (180) _ % Gen Gas& El (A) 597 Gen Mills (3) 26% Gen Motors (+2) ___ 107'2 Gen Motors pf (5) 10 Gen Outdoors Adv A 17 Gen Print Ink(160) 931; Gen Print Ink pf(6) 1'x Gen Public Service_ 1, Gen Realty & Util 14% Gen Real & U pf ww 16% Gen Refractories 12 Gillett Saf Raz (1) 70t Gillett Saf R pf (5). 21 Gimbel Bros 18 Gimbel Bros pf..... 23% Glidden Co (t1) 11 Gobel (Adolf) (d) 14% Gold Dust (1.20) 712 Goodrich (B F) 40 Goodrich (B F) pf. 15% Goodyear T&R 213 Gotham Silk Hose 20 Gotham Silk H pf_. 1% Graham-Paige 5% Granby Consol 214 Grand Union 14% Grand Un pf (1%) . 1814 Granite City Stl (1) 26 Grant (W T) (1) _ 95, Grt Northern pf 914 Grt North Ore (50c) 26% Grt West Sug (2.40) 34 Greene Canan (12)_ 201; Grevhound Corp.. - 6 Gulf Mobile & N pf_ —— 29'; 21% Hackensack W(13;) 34 30 Hack WpfA (1%). 26 16 Harbison Walk (1) 127 5% Hat Corp of Amer... 109 81 HatCo pfww (6%) 4% 1% Hayes Body 117% 85 Hazel Atlas Gl (5). 251 11 Hercules Motor (1) x 71 Hercules Pw (13)__ 5% Holland Furnace __ 6% Holland & Son (50¢) 30% Houd-Hersh (2%) A 615 H'daille-Hers B(1)- » 1% Houston Ol (new)_ 43 Howe Sound (13)__x 2% Hudson & Manhat__ 61 Hudsen & Man pf_... 6% Hudson Motor Car. % Hupp Motors. _____ _— 913 Illinofs Central 15 Illinois Central pf_. 40 [1] Cent Ise lines(4). 231 Indus Rayon (1.68). 60% Inzersoll-Rand (2)._ 46Y% Inland Steel (+2) ___ 5% 2% Inspiration Copper_ 6% 4 Insur ShMd cfs 15c. 23% 8% Interboro R T (d)— 8% 4% Interlake Iron_____. 2% Int Agricultural.... 26 Int Agricul prpf__. 149% Int Bus Mach (16) _. 3% Int Car’rs Litd (20¢) 22% Int Cement (1) 3414 Int Harvester 60e)_x 66 135 Int Harvester pf(7) 1 1% Int Hydro Elec (A). 2 1% Int Merch Marine_. 28 22% Int Nick Can)(80s_. 152 4 Int er & Pw (C). 4% Int Paper & Pw pf_. 211 Int Print Ink (1) ... 981 Int Print Ink pf (6). 2% Int Ry Cent Am.... 9% Int RyCApf . 29 IntSalt (1%)-. 16 Int Silver. 601 Int Silver 24% 57% 33 103% 95% 5 42% 187 7 33 6013 162 4% 3% 31% 1% 15% 29 107 4% 18 36% 28 75% 25 Island Creek C (2)_. 67 49 Jewel Tea (3) 2 77% 881 Johns-Manv (a50c). 31 84% 50 Jomes&Laugh7%pf. 180s ————— 3% Kans City Southn__ 6% Kans City South pf.. 7% Kaufmann D S(80c) 3% 10% Kelvinator (t50¢ 84 Kendall Copf (16)_. 13% Kennecott C (60¢).. 3 Kinney (G R) Co... 19% Kresge (S S) (1).... 56% Kress (SH) (t1)_._. 22% Kroger G&B (1.60) . 12 Laclede GasStL__ 22% Lambert Co (2)... 8% Lee Rub&Tire (50c) 10% Leh Port Cement._ 89% Leh Port C pf (3%) 1% Lehigh lley Coal. 5% Lehigh Val Coal pf_ 5 Lehigh Valley R R. 67% Lehman C (12.40) .. x 10% Lehn & Fink (13%)_ 614 Libby McNeill & L. 21% Lib-O-Ford G1(1.20) 94% Ligg & Myers (14)_. 93% Ligg & Myers (14)B 164 Lily Tulip Cup(1%) 3% Lima Locomotive... 28‘6 12% 17% 102 4 22 2 4 'l N 1041 95 51 6% 20% T 3% 36% 185% T% 2914 60 145% 2% 4% 31% 1 15 28% 107% Low. Close. M High. 19% 1 ou 54% 60% 4an 374 12% 34 92 12915 [ 156 158 27% 5ty 291 9% 6'n 5 21'; 24% 48 127% 35 38 !l% 37% M% 3 114 114 114 L] 1}3 114% 114% —1% | others 17 60% 4% 37 185% +1% 6% — % 27% —1% 581 — % 65% 27% — 19% -1% 23% — % 9% — % 12% — % -t')fi Prev. 1035 and Low. 39% 17% Link Belt (80c) ... 34% 24% Liquid Carb (11)... 45% 31% Loe Inc (2) ____ 1081; 102 Loew’s Inc pf (6% ). 1% 1 Loftinc 2% 1% Long Bell Lum (A). 41% 33 Loose-Wiles (2) ... 130 121% Loose-Wiles pt (7). 26'% 181 Lorillard P (11.20). 32 144% 124 Lorillard P pf (7).. 705 1% % La Ofl Ref (d) __. 2 22% 10% Louisv GEEpfA 1%4. B 47 34 Louis&Nash(a2%). 257 12% Ludlum S 28 McCall Corp (2 7% McCrory Stores (). T% McGraw Hill Pub.__. 36% MclIntyre Porcu (2) 90': McKeesport T P (4) 5% McKesson & Rob__.. 32 MecKesson & Rob pf. 814 McLellan Stores___ 85'3 McLellan Stores pf. 18% Mack Truck (1).__. 30% Macy (R H)& Co(2) 18% Magma Copper (2). 4 Manat! Sug pf (d) .. 29 Man Elev gtd (d) .. 13% Man El md gtd (d).. 10 Manhat Shirt (60c). 1 Maracaibo Oil Exp_. 5% Marine Midld (40c) 20 Marlin-Rockwell(2) 6% Marshall Field & Co 23% Mathieson Alk(1%) 5% May Dept Str (1.60) 513 MaytagCo..______. 8413 Maytag 1st pf (6) 33 Maytag ww ($3%)_. 41 Melville Shoe lZ%L 3 Mengel Co._ 20% Mengel Co pf 24'x Mesta Machine (1) 213 Miami Copper_____ 9'; Mid-Cont Pet(albe) 8!% Midland Steel Prod 60'% Midl'd Stl 1st pf(8) 58 Minn Hon R (13)__. 37 Minn Moline Pw___. 31 Minn Moline Pw pf_ 10% Misston Corp — 2'; Mo Kans & Texas 57 Mo Kans & Tex pf_. 1 Mo Pacific (d) 1'; Mo Paclfic pf (d) ___ 10% Mohawk C M (a25¢c) 55 Monsanto Chem(t1) 21% Montgomery Ward. 527» Morrel & Co (3.60)_. Y% Mother Lode _ 17|. Motor Products (2). » Motor Wheel (60c) . 9'1 Mullins Mfg (A) 91 Mullins Mfg (B) ___ 62 ullins Mfg (new) 4% Murray Corp 30 rs (FE) & B (2) ll Nash Motors (1) 3 Nat Acme Co F:'. Nat Aviation_. 2214 Nat Biscuit (1.60).. 13'3 Nat Cash Ri A (50¢) 127 Nat Dairy Pr (1.20) Nat Dairy pf A (T) 508 at Dairy P pfB(7) 200s at Dept Stores (d) 7 Nat Dept Strs pf(d) 20s Nat Distillers (2) __ Nat En & Stpg (2) Nat Lead (5) Nat Pw & Lt (80¢)_ at Steel (11)__ Nat Supply Co Nat Supply Co pf.. Nat Tea (60¢) __ « Neisner Bros (1) __ ewberry J J(1.60) ewberry J J pf(7) ewport Industries N Y Afrbrake Y Central RR N Y Chicago & St L Chi&StLpf__ & Harlem (5)_. Investors (d) N H & Hartford N H & Hartf pf o R Sales— 19 33 ntario & West wyspf(d) __ Y Rwys pf stpd__ Y Shipbuilding Y Shipbuild'g pf Norfolk Southn (a) North Am Aviation North Amer Co (1) _ North Am Ed pf () ‘l( « Northern Pacific . 1's Norwalk Tire&Rub NCLAR2L 2222 abdsluiatadn 217 14 21% 91, Ohto Ofl (a15¢) 16% Oliv Farm Eq(new) 3'; Omnibus Corp 4% Oppenheim Collins_ 11« Otis Elevator (60c) 4's Otis Steel 80 Owens-111 Glass(4) 14 Pac-Amer Fisherles 1 Pacific Coast_____ 13% Pacific G & E (1%). 19 Pacific Ltg (2.40) 70 Pacific Tel & Tel (6)x 6% Pac Wn Oil (bd0c) 31. Packard Motors 1, Panhandle Pro & R_ 8 Param’t Pic (new)_ : 84 Param't Pic 1st pf__ 91 Param’t Pic 24 pf__. 21 Park Utah 2 2, Parmelee Transp't. 5 Pathe Film Corp__—. 814 Patino Mines _ * Peerless Motor 64 Penick & Ford (3) 57% Penney J C (2) ____ 2% Penn Coal & Coke. .. 3 Penn Dixie Cement. 18 Penn Dixie Cpf A 17% Penn RR (1) ___ 30 Peoples DS (11) 17% Peoples Gas Chi. 18% Pere Marquette. 1612 Pere Marq pr pf- 75 Petrol Corp 15% Pfeiffer Browing 12% Phelps Dodge(az5c) 23 Phila Co 6% pf (3)_ 3815 Phila Co pf (6) new. 1% Phila & Read C&1__. 35% Philip Morris (1) __. 5313 Phillips-J C pf (7)_. 13% Phillips Petrol (1).. 3 Phoenix Hosiery. . 2% Pierce Oil pf = 31 Pillsbury Fl (1.6 26% Pitts Coal pf = 51y Pitts Screw & Bolt_.. 2214 Pitts Steel pf - 10% Pitts Term Coal pf_. 1% Pitts United Corp.. 2415 Pitts United C pf. 1 Pittston Co 612 Plymouth Oil 61x Poor & Co (B) 4% 1% Porto R Am Tol 16% 4% Postal Tel&C pt (d) 314 5 Pressed Stl Car (d). 53% 42% Proc & Gambl (1%) 120". 115 Proc & Gam pf (5).. 20% Pub Sve N J (2.40)_ 73 PubSve NJ pf (6).. 85'% Pub Sve N J pf (7)... 34 Pullman Ine (3).. 57 Pure Ol __ 34% Pure Oil 6% 495 Pure Oil1 8% pf. 8% Purity Bakerie: 11% 11l 1115- 1241 2% 4 Radio Corporation_. 50 Radio C'ppf A (3%) 35% Radlo Corp pf B 1% Radio-Keith-Or (d) 4% R R Sec Ill Cent___. 16'¢ Raybestos-Man (1). 297 Reading (2) 3 Real Silk Hosiery-. 7 Remington-Rand._. 21% Remington-R pr pf_ 69 Rem-Rand 6% pf. 28% Republic Steel pf__. 28 Republic Stl pf cod. 1714 Reynolds Metals (1] 108% 101 Reynolds M pf (51§ 25% 12% Reyn’lds Spring(1)- 57 43'% Reynolds Tob B (3) 18% 5% Ritter Dental 2 30% 21% Roan Antelope Ltd. 1 44% 29% Royal Dal.701-10c. 3 46 34% Safeway Stores (3). 31 113% 104% Safeway Strs pf (6) 50s 114'2 110 Safeway Strspf (7) 10s 42 Dlvldllw Rate. Add 00. m h. Low. Close. Chge. | High 10s 120% 26'% 135 % 19% 46% 26'% 31 Nes. -| prev. 1938 _m 2%~ 10% St Joseph Ld (40c). - % 1 St L-San Frot (d)_ wl 6 Savage Arms___ —1% 22 Schenley Distillers. -% 1% Schulte Retall Strs. 8 Schalte Re Strs pf_ 55 Scott Paper (1.80)_ % Seaboard Air L (4)_ 20% Seald O Del (160c) 3% Seangrave Corp 31 Sears Roha'kll'lfic) 40 Sec Nat Inv pf 123 7% ServelInc _ _____ 9 Sharon Steel Hoop. 3% Sharp & Dohme . _ 7% Shattuck(F G)(25¢)x 'l'i 5% Shell Unfon Of1 ___. 8% Silyer King C(40c). 6 SimmonsCo . ____ 5 Simms Pet (a50c 6 Skelly Ofl_______. 60 Skelly Oil nf ww. 13 Sloss-Sheffeld ____ 24 Sloss-Sheffleld pf__. 15% Snider Packing____ 10% Socony-Vae (30c)__ 20 Sou Porto R Sug(2) 10% South Cal Ed (1%). 12% Southern Pacific 5'; Southern Railwa: 7 Southern Rwy pf_ 3'% Sparks-Withington. 32 Spencer Kell (1.60). 7% Sperry vte (a25c) ... 331 Spicer Mfg pf (3)__ 437 Splegel-May-Stern_ 1215 Stand Brands (80e). 213 Stand Com Tobacco. 114 Stand Gas & Elec_... 1% Stand G& E $4 pf.. 4% Stand G& E $6 pf__ 6 Stand G & E $7 pt_ 7% Stand Inv Corp 27% Stand Of) of Cal (1) 111 Stand Oil Exp pf(5) 23 Stand Ofl of Ind (1) 21 Stand Oil of Kan___ 5% Stand OII N J (t1)_. 121, Starrett (L S) (1) _ 58% Sterling Prod (3.80) 1'% Sterling Secur (A) 3'a Sterling Secur pt. 65 Stewart-Warner. 39 39% + M 30 30 43% 43% 105% 105% 1% 1% 2% 2% 391 39% 120% 120% 25% 25% 134'; 134%; [ 39 0 -% 1250 % g 38 121 100 2215 47w 3.)% 214 Studebaker Corp 11 Superheater (50c).-. 5 Superior Steel 18% Sutherl'd Pap t60c_ 3% Sweets Coof Am 14% Swift & Co (+50e) . 4 Tennessee Corp.. 164 Texas Corp (1) __ 28% Texas Gulf Sul (2). 14 Texas&PacRR _. 314 Tex Pac Coal & Ofl_ 815 Tex Pac Land Trust 13% Thatcher (1) ... 50 Thatcher M pf(2.60) 215 Thermoid Co 16 Third Nat In (a%5c) 5'x Thomp'n(JR) (50c) 12% Thompson Products 1% Thompson Starrett. 7% Tide Wat Asso Of] /4 Tide Wat A O nf(f) 26% Tide Wat Oilal.15 % Timken-Detroit ___ Timken R B (+1) __ Trans & Westn Afr_ ix Transamerica(30c). Transue& Willlam: Tri-Contl Corp _ Trtax-Tra Coal . 312 Truscon Steel ._ 20th Century Fox . 5 20th Century Fox pf 21 Twin City RT.____ Twin City R T pf 1'x Ulen & Co - « Und-Ell-Fisher (2) Union Bag&Pap (2) 4 UnCarb & C (1.60) 14% Un Oil of Cal (1) 821 Un Pacifie (6)_ a__ : Un Pacific pf (4) 20% Un Tank Car (1.20) » United Afrcraft 4'; United Air Line vtc 7 United Am Bosch _ 201 United Bisc (1.60) 46 United Carbon 2.40. : United Corp "flh United Corp pf (3)- 8% United Drug . 41, United Dvewood 3% United Elec Coal United Fruit (3)___ 4 United Gas Imp (1) United Gas I pf (5) = United Paperb'd (d) U S Distributing pt 4'; US & For'n Secur «US&F S 1st pf (6) 11 USFreight (1) __ 40'; U S Gypsum (1) 5 US Hoffman 110s Dividend Rate. Adfl 00. High. 21% 20% 1% 1% 36% 2% 14% €7%% % 2515 20% 43% 2215 6313 1000 431 lfl'OlauCnll AT SESSION'S END Declines Range Up to More Than 4 Points in Sell- ing Wave, STOCK AVERAGES Tndus. Rayts. o 8Os, atis. Ui, ses, Netchange —1.6 —5 —9—14 Today, close 67.2 26.7 37.1 49.5 Prev. day.. 688 27.2 38.0 50.7 Month ago. 65.1 258 38.2 48.5 Year ago_.. 478 250 267 368 1935 high.. 688 27.6 39.3 509 1935 low-. 185 216 348 1934 high. 43.0 406 514 1934 low.. 228 242 349 1932 low.-. 8.7 239 169 1929 high. 469 153.9.184.3 157.7 1927 low.... 51.6 953 618 618 (Compiled by the Assoclated Press.) D e 0 i I ) BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, September 19.—The stock market went into reverse today as profit takers dented the list for declines ranging from fractions to more than 4 points. An active selling flurry in the early afternoon put the ticker tape behind floor transactions, but the trading pace slowed somewnat later. The close was weak. Transfers approxi- mated 1,900,000 shares. Pullman led the downturn, falling more .than 4 points at one time. Other favorites were not slow in fol- lowing. The reaction was attributed partly to realizing on expectations that a sizable correction was due. Nervousness over the European outlook was also said to have induced a little liquidation here and there. Soaring grains in world markets failed to impress the equities divisicn. Wheat jumped the limit of 3 cents a bushel at Winnipeg and got up as much and more at Chicago as war talk and crop prospects attracted speculative buying. Cotton was steady but far from strong. Refined sugar was advanced .20 of a cent a pound. Shares of American Woolen pre- q ferred and Congoleum bucked the 1001, — 14 | trend. and Consolidated Gas, North 43% 41 | American, New York Central and ol '. Great Northern were resistant. 524 12| American Can and United States = ; Smelting dropped 4 points or so each. 91, — a, | Allied Chemical, inactive, slumped #, a, | more than 6. Others down, 1 to 3 or 41 «| more. included United States Steel, 6% % | General Motors Chrysler. Case, Deere. 1 4‘\. Westinghouse, Douglas Aircraft, Johns- }.:5". Manville. American Telephone, West- 225 — | €M Union. Montgomery Ward, Sears- Roebuck, Union Pacific. Santa Fe, Cerro de Pasco, Kennecott and Amer | ican Smelting. 1% 681y 35 54 47 =i 25 CHICAGO STOCK MARKET 891 22% 184 9 894 23y 183 9 CHICAGO. September 19 (» —Pollowing is the complete official list of transactions mdxmcxs on the Chicago Stock Exchange Sales. STOCKS. High. Low. Close. 160 Abbot 8104 106 10 Adams Mfe 17t 132 1300 Advance Alum - 200 Allieg Prod ub Sve_pt Armour & Atsoc Tntest () Autom Prod 10 Bendix Av ) Berghofl Brew 700 Bore-Warner R0 Borg-War pf 130 Brown F & ws 10 Bueyrus = 650 Butler 450 ) Gen Cold Stor ) Gen Il Bb Sve of ) Sen 1l Sec of 00 Cen & 8 ¥ Corp 100 Chi Corp 1141 9% 11 1001 131 28 a% 34% 108 111% 108 108 111% 111% . 35'« U S Ind Aleohol 42) 34 US Leather vte ___ 7's U S Leather A vte _ 53 US Leath pr pf vtc. 14% US Pipe & F (50¢)_ 8 USRealty&Imp.. 9!y U 8 Rubber 24%; 17 S Rubber 1st pf__ 92 USSmelt& R (aé) 274 U S Steel - - 73% U S Steel pf (2). 313 United Stores (A)_. % 51 Univ Leaf Tob (t2) 133% Univ Leaf T pf (8)_ 29 Univ Pic 1st pfd ... 1 Univ Pipe& Rad.__ 1% 9'; Univ Pipe & Rad pf 81011 10 109 1 Ut Pw&Lt(A) _ % 215 215 —_— 21% 11'% Vanadium Corp 26'2 11% Van Raalte (a25c).. 89% 34 Vick Chem (12)_ 45 21y Va-Car Chemieal._. 28%x 17'; Va-Car Chem 6% pf 83 63': Vulcan Detin (aé) .. 110 5 64% 150 34 33 1815 251 38% 3% 18% 2519 — % 39 3% 25% 72 =9 -1 +1 1% Wabash pf A (4) _. y 2% - % 4'x Waldorf Sys (50¢) . x -% 261 Walgreen Co (1.40) 114 WalworthCo . __. s Ward Baking (B) . ard Baking pf (2) 21, Warner Bros Plc 14!; Warner Bros Plc pf 250s “ Warner-Quinlan___ 1 2's Warren Bros . ... 5 20% Warren FAdy&P (2). 42 3013 Wesson O&S (t50¢) 7 34 West PaElec (1)A 70s 36 West Pa Elec pf (6) 120s % West Pa Elec pf (7) 20s West Pa Pwr pf (6) 10s 513 Western Maryland . 14 2 Western Md 2d pf 3 2% Western Pac pf (d) 8 s Western Unton . __ 74 18 West'gh'se A B 50¢ 20 32% Westinghse Elas0c 129 90 West'h'se 1st pf 33 90s 10 Weston Elec Inst__. 1 16% Westvaco Chi “40¢c) 2 14' Wheeling Steel __. 10 46': Wheel Stl pf(31%3). 1 67x White Motor 13': White Rk M S(1.40) x i White Sewing 1 Wilcox Oil & Gas__. 3% Wilson & Co (a25c). 58 Wilson & Co pf (6). 51 Woolworth (2.40) __ 11% Worthington Pump. 25t Worth Pumppf A_. 35% Wright Aero. 73% Wrigley W jr (13 17% Yale & Towne (60¢) 2% Yellow Truek .- 311 Yellow Truck pf __ 18 Young Spr& W (2). 13 Youngstown S& T 38 Youngst'wn S&T pf. N— 374 —ll- 25% =11 80 —1% M-% 25% 80 "% 2 2% Zonite Products._... 4 Rights Expire. 3 % Budd Mfg.__Apr.16 14 % ¥% - % 2% % Granite CS_Sept. 25 94 m 1 1 Approximate Sales of Stocks on the N. ¥. Stock Exchange. 11:00 A.M. 560,000 12:00 Noon 830,000 1:00 P.M. 1160.000 2:00 P.M. ,600,000 Total sales for the day. 1.920,000 Dividend rates as given (n the above table are the sanual cash payments based on the latest quarterly or half-yearly declaration T Unit of trading less than 100 shares. % Annual ra plus extra. & Accumulated dividends. s Pald this year. bmd last year. dCompanies reported in receivership or being reorganized. x Ex dividend. 4% CHICAGO LIVE STOCK. CHICAGO, September 19 (® (U. 8. at 4.50a5.50: youn Srassy h:i(en -nd luht cows very 005 168 eiters, stoad 9915 —1% partment of Agriculture) —Hogs, ng 6% + % 36% + -'M 17 +1 lfl"”!fiu% % to 2,000 direct: unever, mostl with Wednesday's average: R0: " bulk 180- t ; gnu acitvity on fat sicers abse ew outstandini barely steady. Sy choice weak ks, hien cime: mostly 100. at cows ts soots nflerlnn getting Action again unf dll‘ DM\In ® g bulk. Small Kiliers: b slaughter ewes around 2.75a3.7 ll Posly S5 jower: flockers and Toeders 33250 eenf.l under u«dy !eedln METAL MARKET. YORK, September 19 (#.—Coppe: steady: zlzccmm: spot and future. W00 i’ stead: o,edtuluu.dn dgon 75, n firm; 3 g Bast St ’lfiul: 5 spot & Alummum. 19.00822.00; o Himens, apot. l v.o ‘ln ce'ntl (o Smbe ctive; bulk mbs - i an- NEW YORK BAR SILVER. NEW YORK, September 19 ().— Bar silver steady, unchanged at 65%. Commonwealth Edison Co.—~Com- mon share earnings, eight months ended August 31, were $4.01 vs. $3.91. L 1nchni 00 Consumers 10 Consumers 100 Consumers 1500 Cord Corp ) Crane 5t Lakes Dredse Heileman (G) Br 20 Horders _100 Hormel & Co 5100 Houd-Her B 00 Il Brick ) Iron Pireman Kalamazoo Stove KILZ Drug Ky Ut Jr cum Bf Ky Ut 67 nl s 10 Monroe Chem pf_ Montg_Ward A Musk_ Mot Sp A Battery_pf 1000 Nob! 100 No 40 No W 200 Nor'west Bancorp 100 Oshkosh_Over 50 Parker Pen __ 50 Perfect 300 Pines Wi 60 Quaker Oats Reliance Mg Rollins “Hosiery R 100 Sienode gteel S ptZ 1130 Std_Dreds of 100 Sutherland Paper 550 Swift & & oo awitt Fare 100 Thompson (J R) 300 Utah Radio 100 Util & Ind pf 300 Vortex Cup_ mvumxccun E 450 Zenith Steck sales today, DIRECTORY COMMODITY BROKERS Membe; ogber & Y Cotwn“lxehxnl; RUBBER—HIDES—! embers < cnmmm Exchan .m:eu.m G Prospectus on INCORPORATED INVESTORS A Mutual Fund Invested in High-grade Common Stocks Mailed on Request w“emm 5::"‘"“ & o. 1700 Eye St. N.W.