Evening Star Newspaper, October 19, 1935, Page 14

TA—14 FINANCIAL. INSURANCE SALES CLIB IN GAPITAL Nine-Month Total Rises 29 Per Cent Above Mark THE EVENING STAR, WASHINGTON, D. C, SATURDAY, OCTOBER 19, 1935. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Net. Pm 1035 Stock and Net. “Ai200. Hieh. Low, Close.Cnas. . Low. Dividend Rate. A«oo High. Low. Close.Chge. 12135% 135 135% +1% 7 40% Nat Steel (11) ... 8 T 2% 2% + % 2129 129 129 + % 9 NatSupply Co_____ 15% — % 36 Nat Supply Co pt... 64% — % 3 169 156% 159 +2% 8% Nat Tea (60c) ... 9% + % zt; 29 'II;,: Natomas Co (80c) .. 83 10 15 7 FINANCIAL, STOCKS MOVE UP ON'BROAD FRONT Gains of 1 to 3 or More Points Recorded, With Prev. 1035 Stock and Hich. Low. DividendRate. 136% 86% Du Pont (t ) 131 126% Du Pont del ) 161 29% T% 351 10% 8% 7% 28 By private wire direct to The Star. Stock and Sales— Dividend Rate. Add 00. High. Acme Steel (12) ___. 1 70 4% Adams Express __ 6 8% 8 Addressog’h (60c).. 10 16% 15% 4% Advance Rumely __ 1 154 8% 6% Affilliated Prod 60c. 1 6% 6% 6% + % 162 104% Afr Reduction (v3)_ 2 162 161% 162 +1 20% 13% Alaska Jun (t60c).. 9 14% 14% 14% + % 2% % AllegCorp(d) ... 29 1% 1% 1% — % 30% 21 Allegheny Stl(1)... 25 28 27 28 +1% 173 125 Allled Chem (6) 1 170% 170% 170% Prev. 1035 Higb. Low. Aanoo High. Low. ola-cm 36% 32 Spencer Kell (1.60). 1 35% 35% 35% + 13% 7% Sperry vte (a2be).. 20 12% 12% 12% 14% 8% Spleer Mfg, ... 14 18% 13 13% + % 81% 43% Splegel-May-8 (3)_. 29 83y 81 83y +2% 19% 12% Stand Brands (30e). 61 14% 14% 14% + % 130 122% Stand Brands pf(7) 70s 1261 126% 126% 2% 5% 2% Stand Com Tobacco. 102 6% 6% 6 9% 1% Stand Gas&El (d).. 5 3% 3% 11% 1% Stand G&E$4pf(d). 4% 4% 27% 6 Stand GEE$§7pf(d). 10% 2% % Stand Inv Corp-...\ Net. 70 70 8% 8% + U 16% 16% + % 164 15% + % Prev. 1936 High. Low. 70 9% 16% 110% Eastman Kod (! 16% Eaton Mfg (11) 3% Eltington-Schild. 19% Elec Auto L (a30c). 3% Electric Boat _. 5% Elec & Mus Ind.... 1% Elec Pw& Lt. _ 214 Elec Pw & Lt $6 pf-. 95 40% +1% 57 12% NYCentral RR___. € NYChicago &St L. 22% +1 1% for Year Ago. BY EDWARD C. STONE. Life insurance sales in Washing- 127% 122% Allled Chem pf (7). 7% 3% Allied Stores 73% 49 Allled Stores pf (5). 31% 12 Allis-Chalmers 1 11 2 13 126 126 1 % 3% 30% 26 — % 32 49% 1% 42 3 Elec Pw& Lt $7pf. 39 Elec Stor Bat (2%4). 5 Elk Horn C pf (d) .. 14 Eng Pub Sve $5 pf.. 24 + % 4T - % 1 37 -4 9% NYChi&StLpf.. 2 2% N Y N H & Hartford 6 NYNHG&Hartfpt T 27% Stand Ofl of Cal (1) 23 Stand Ofl of Ind (1) 36% Stand Ol NJ (1) 12% Starrett (L 8) (1) 33% 25% 45% 23% Prices Strong at Close. STOCK AVERAGES 4% 21 Amal Leather 3 71 483 Amerada Corp (2).. 3 57% 41% Am Ag Ch(Del)(3). l 32! 13% Am Bank Note 128% 119 Am Brk Shoe pf (7) 146% 110 Am Can (t4) 16% 6% N Y Shipbulldin, 193 158 Norfolk & W (18)__ 108 99 Norf & West pf (4). 4% 2 North Am Aviation. 24% 9 North Amer Co (1) 21% 13% Northern Pacific .. 14 T4 Erle R R 13 6% Erfe RR2dpf ____ 14% 10% Eureka Vac C(80c). 23% 15 Evans Products(1). 5 2 Exchange Buffet. 94 8y 12% 19 +% 4 +% 11% 18715 187% 105% 105% + A% — 20% + 16% + 58% Sterling Prod (3.80 ton in September bounded upward 6% Stewart-Warn t50c.. 21 per cent over the corresponding month last year, bringing the total for the first nine months of this year 29 per cent above the same period a 63% 17% % 5% 12 21% 3 i, 69 2 53 29% 121 127 143% 143% 30 18 Indust. Rails. Net change.+13 +.4 Today, close *71.0 24.4 15 60 Uil Bt'ks. +5 +9 3844512 1 1 1 1 1 2 1 3 4 s 60% Sun Ofl (t1) 17% Sutherl’d Pap t60e. 120; year ago, reports from Hartford, Conn., stated today. The energetic Washington agents made a better record than their co- ‘workers in any of the nearby States. North Carolina business was up 15 per cent over Septembre, 1934; Vir- ginia gained' 8 per cent, Maryland added 4 per cent in new insurance, the same as the national average pick-up, while South Carolina re- ported an advance of 3 per cent. ‘Wesé Virginia, however, was off 3 per cent on total sales. New business in the Capital in Sep- tember totaled $4,439.000, in Mary- land $5.880,000, in Virginia $5.305,- 000, in West Virginia $3,777,000, North Carolina $6,425,000 and South Caro- lina $2,302,000. In Washington 58 per cent of the leading companies re- ported improvement over last year. Only four States stood higher tnan this city in the national list, wnich was headed by South Dakota with a 46 per cent gain, improved farm in- come being the reason ascribed for the upturn. North Dakota came next with a 35 per cent rise. In the September report covering large cities, Los Angeles came the nearest to Washington, noting a 20 per cent gain. With the exception of Cleveland’s 13 per cent advance, all the other big cities were under 10 per cent in their gains. The same is true of their business for the first nine months. The figures for Wash- ington for September and for the first nine menths of the year supply ur- ther evidence that so far as the Capi- tal is concerned the depression is over and has been for some time. A. B. A. to Discuss Laws. Discussions of the effects of new Government laws and policies on vari- ous classes of banking institutions will play a prominent part in the di- vision and section meetings at the | American Bankers' Association con- vention in New Orleans, it is shown in the programs of these sessions. A series of special meetings under the title of a “Constructive Customer Re- lations Clinic,” in which a number of present-day bank operating prob- lems will be taken up, will also be a Teature of the convention. At the savings division meetings one of the speakers will be Dr. A. H. Gian- nini of Los Angeles. Philip A. Ben- son, president Dime Savings Bank, Brooklyn, and W. Espey Albig, deputy manager of the A. B. A, also will speak. The State bank division will hear, among others, J. Harvie Wilkinson, jr., vice president State-Planters State Bank & Trust Co. of Richmond. Be- fore the trust section Donald Ran- som, chairman of the A. B. A. Com- mittee on Federal Legislation, of At- lanta, will speak on “Federal Legis- lation as It Affects Trusts.” Senator Carter Glass will speak on “Banking Legislation.” Maj. Angas is to discuss “Crucial Economic Prob- lems.” while Chairman Jesse H. Jones of the R. F. C. will talk on “Rail- roads.” The banking situation has improved #0 much during the last year that a very large attendance is already as- sured. On accountof the Mardi Gras, New Orleans is accustomed to taking care of big gatherings in & most hos- pitable manner. Residents call New Orleans the most interesting city in America. At any rate, it is the sec- ond largest port, its water front be- ing only one of a host of points of special interest. Why Gold Pours Into U. S. Why does gold conitnue to pour into the United States when the ‘Treasury already holds nearly half of all the monetary gold in the world? ‘The magazine Sphere gives this nn-f swer: “One answer is that the dollar is greatly undervalued in the exchanges, which means that it is a good bargain to acquire dollars with sterling, or lire, or marks, or almost any other cur- rency. Another is that Mussolini directly, and Hitler indirectly, took control of all good paper assets of their nationals, which has frightened cap- ital. What happens in one country people fear may happen in another. “Europe, correctly or incorrectly, feels that the greatest extravagances of the New Deal are behind it, and that the credit inflation which has already occurred provides a good op- portunity for speculation in American commodities and equities.” Two other important reasons, of course, are the facts that foreign capital is being invested here in large amounts and that a good deal of this gold is used in the payment of goods bought in this country. Heard in Financial District. Charles K. West, manager of the K Street Branch of the Security Savings & Commercial Bank, rarely misses a meeting of the District Bankers’ Association. Late last week he was informed by an official in the Security Savings & Commercial main otlice that the association’s Fall meeting would be Monday night. On Mon- day evening Mr. West arrived at the Willard Hotel and went to the asso- ciation’s usual meeting place wnere he found a record attendance of bankers. It developed, however, that it was the Riggs Bank educational rally. Cordially urged to remaw. ne decided that he would await the Bankers’ Association meeting, which is next Monday night. The Federal Reserve Bank of Rich- mond announces the recent appoimnt- ment of John 8. Walden, jr., as a deputy governor of the bank, succeed: ing Charles A. Peple, who has heid the position since 1915 and recently e- signed on account of ill health. Mr. ‘Walden has held the title of controller and has been with the Reserve Bank since January, 1919, Gov. George J. Seay states. The Uniformed Firemen's Credit Union of the District of Columbia re- cently mailed out its latest report, showing 471 members and net sales up to July 31, 1935, of shares amount- ing to $18,208. In the first half of 1935 the union made 267 loans, in- volving over $26,000. In the first half year net earnings totaled $1,092.38, ‘Treasurer A. J. Woodhouse_states. Pennsylvania Railroad reports for eight months ended August 31, 1935, net income of $11,660,944 after taxes and charges, equal to 88 cents a share (par $50) on 13,167,696 shares of capi- tal stock. This compares with revised net income of $13,575,477 or $1.03 a share in the first eight months of 1934. v 25% 22Y% 5% 38y 1% 634 26%, 18 23 110 115 10 108 95 14% 24 19% 4l' 107 14 83 16% 59% 47% 10 Am Car & Foundry. 8 Am Chain 2% Am Colortype _ 22% Am Comel Alcoho! 6% Am Crystal Sugar. % Am Encaustie (d).. 2% Am European See._.. 2 Am & Foreign Pwr. 14 Am & For Pw $7 pf. 47 Am & For Pw 2d pf_ 8% Am Hawalian SS(1) 3 Am Hide & L(new)_ 28 Am Hide & L pf(n). 29'%« Am Home Pr (2.40). 17% Am Ice - 4'3 Am Internation: 9 Am Locomotive 32 Am Locomotive nf 18'4¢ Am Mch & Fy (180c) 4% Am Mch & Metals 4'3 Am Mch & Met vte. 13'4 Am Metal 11 Am Power & Light_ 8% Am Pw & Lt $5 pf _ 104 Am Pw & Lt $6 of _ 10% Am Radiator = 15% Am Roll Mills a30c. 31% Am Sm&Refinin 103 Am Sm&Ref pf 63 Am Snuff (+3) 12 Am Steel Foundry .. 3316 Am Stores (+2) _ 50% Am Sugar( 2) 1813 Am Sumat Tob (+1) 9874 Am Tel & Tel (9)__. 7215 Am Tobacco (5) T4% Am Tobacco B (5) .. T's Am Water Works_.. 4% Am Woolen 351% Am Woolenpf ___ % Am Writ Pap (d) 3 Am Zine & Lead 8 Anaconda Copper. 16' Anaconda Wire ___. 10% Anchor Cap (6fic) _ 36 Archer-Dan-M(t1).. 3% Armour of [1linofs 5515 Arm’r(TI1)pr of (§)_ 85 Arm'r of I1 pf(33) _ 16%; Armstrong Cork 500 4 Arnold Constable__ 715 Asso Drv Goods . 807 Asso DG 1st pf($9). 35% Atch To&S Fe (a2). 19% Atlantic Coast Line 3 Atl Gulf&W Ind.... 2015 Atlantic Ref (1) ___. 32% Atlas Powder (2)___ 15 Auburn Auto 513 Austin Nichols _ 2% Aviation Corp(Del)’ 1'; Baldwin Loco (d) 7'; Baldwin Loco pf (d) 713 Baltimore & Ohio _ 9% Baltimore & Oh nf 100% Bamberger of (61%) 106Y% Bang & Aroos pf(7) 3% Barker Brothers 5% Barnsdall Corp t60c 72 Beech-Nut P (+3) _ 11% Belding-Hem (1)... 11% Bendix Aviation 15% Beneficial Lo (1%)_ 21% Bethlehem Steel 55% Beth Steel pf(al%) 9%, Blaw-Knox = 28% Blumenthal pf - 614 Boeing Alrplane 39% Bohn Alum &Br (3) 38% Bon Amfi (B) (t2)_. 21 Borden Co (1.60) 28Y Borg-Warner (2)... 3% Boston & Maine __ 815 Brideep’t Rrass 40c 24'; Briggs Mfg (12) 23% Briggs & Strat (3) .. 614 30% Bristol-Myers (+2)_ 89% 94 58 3613 Bklvn-Man Tr (3) _ 90 Bklyn-Man T pf(6)_ 43 Bkivn Union Gas(5) 53 Rrown Shoe (3) 3% Brunswick-Ralke. 4% Bucyrus-Erie 814 Bucyrus-E ev pf 62% Bucyrus-E pf(2) 3% Budd(E G)Mfg 23 Budd(E G)Mfg Df.. 215 Budd Wheel £1% Bullard Co ——— 3% Bulova Watch ___. 13% Burr Add Mch(60¢c) 1% Butte Conper&Zine. % Butterick Co (d) ... 11%; Bvers (A M) 32 Byers (A M) of 301 California Pke(1%) 213 Calumet & Hecla 714 Camphell- Wv a40e. 8% Can Dry Gin Ale___ 8%% Canadian Pacifle... 20 Cannon Mills (2 45% Case (J I) Co 8314 Case (J I) pf (4) 3614 Caterpillar Tr (t1). 19% Celanese Corp . 17 Celotex Co (d) 11% Celotex Co of (d) ... 6% Century Rib Mills__ 38% Cerro de Pasco (4)_ 3% Certain-teed Prca _ 28 Certainteed Pr pf_. 371 Ches & Ohio (2.80) 36 Chesapeake Corp(3) 8 Chi & Grt West (d). % Chi Mil StP&P (d). % Chi M StP&P of (d) 1% Chi & N W (4) 4% Chi Pneumatic Tool 3% ChildsCo . 9 Chile Copper . 31 Chrysler Corp (11). 12 City Ice & Fuel (2)_ 69% City Ice&F pf(635)._ 12% Clark Equip (80c) . 27% Clev Graph Br (t1). 15% Colgate-P-P (50c) .. 9 Collins & Alkman . 69% Collins & Atk of (7) % Colo Fuel & Ir (d) 5 ColoF&1pf(d) _ 7 Colo & Sou 1st f __ 3% Col G & El (a20e)_.. 35% ColG & Epf A (6).. 67 Colum Carbon (4) _ 39% Comel Credit (235). 119% 112 Comel Cred pf(5%) 564 Comel Inv Tr(*280) 97% Comel In T pf(4%). 16% Comel Solv (+60¢c) .. 3 Comw & Southern__. 29% Comw & Sou pf (3)_ 27 Congoleum-N(1.60) 23% Conn Ry&Lt (4%) 71 ConCprof ww 6%. 3% Consol Film 14% Cons Film pf ($1%) 15% Consol Gas N Y (1). 1214 Consol Gas of (5)_. 1% Consol Laundri 6% Consol Of] (a26e)_— % Consol Textile 8% Container Corp (A) 2% Container Corp (B). 4% Contl Baking (A)._.. 3 Contl Raking (B)... 62% Contl Can (3) _.___ 7 Contl Dia F' (abbe) . 28% Contl Insur (1.20). % Contl Motors 2 15% Contl O Del aé2%c.. 41% Corn Ex BK&Tr (3) 60 Corn Prod Ref (3).. 4'% Coty Ine 35% Cream of Wh (+3)_ 11% Crosley Rad (a35c). 23% Crown C&S (1) 43% Crown C&S pf(2.70) 14 Crucible Steel 47% Crucible Stl pf $50c. 5% Cuban-Am Sugar . 39% Cudahy Pkg (23%).. 15 Curtis Publishing... 891 Curtis Pub pf () 2 Curtiss Wright . 6% Curtiss Wright (A) 16 Cutler Hammer m Deere & Deere&Co Df (3760). 28& Delaware & Hudson 11 Del Lack & West .. 65 Detroit Edison (4). 0% 35% Devoe & R (11) A 34% Dome Mines (12)__. 6% Dominion Stores _. 173% Douglas Alr (a75e). Dunhil internatl __ 2 118% 103 Duplan Siik pt (3).. € - - M W s S AMNDE B ane s Dar 3 s EX] 0 it bt kb PRSI JUP- Jop- et " B N oS3 rale®a w3 o 8 B T S -3 - SeumoSo - B - 99 1 O 1t 1 08 B 50 1 - Rrus® o = 51 8 2 14 uoa 1ozu ms +1 39/ ll) 21 22 5 30 13 7 5% 31% 11% ma-a 1 18 l% 57 39% 32% 3% 5 18 28% % % 19% 18% 104 104 N 8 2% 8% 8% 39% 39 21!6 2% 38% ll R R *“""”.’;i”*“*’*' EREELE PRELES 1+++ + ++flo—++-|| 1+ ++1+++1 I+ s 03% ~1 84% + 5% + 42% + 19% 04 3 8% + 39% — i REFFEE F F % % 50% +1% 2% 2% + % 4 - % + % ll-!fi 1 T % % 35 32% 31% 824 +1 9"- 4 Fairbanks Co pt 17 Falrbanks Mors T1'4 Fairb’ks M pf 13% 5% Fed Lt & Tr . 2%, Fed Motor T(a10c). 2819 Fid Phoen F1 11.20. 181 Firestone (40c) __. 45 First Nat Strs (2%) 2Y Follansbee Bros(d). 20% KFood Machine (1).. 97 Foster- Wheeler 19% Four Nat Iww al.10 17% Freeport-Texas (1) 5'3 Gen Am Investors__ 52% Gen Am Trans(1%) 11% Gen Asphalt + Gen Baking (60c)-—. 50 Gen Cigar (14) 20'% Gen Eleetric (30c) .. 30 Gen Foods (1.80). % Gen Gas & El (A 59% Gen Mills (3) = 26% Gen Motors (12) . % 119 107'; Gen Motors pf (5).. 38 4 343, 2% 32 26% 19% 7 570 281y 111 4% 18 117% 214 321y 17% Gen Print Ink(1.60) 1'% Gen Public Service. 15% Gen Ry Signal (1).. % Gen Realty & Util__ 14% Gen Real & U pf ww 16% Gen Refractories _. 12 Gillett Saf Ras (1) 2!% Gimbel Bros 18 Gimbel Bros pf.. 23% Glidden Co (11) 1047 Glidden Co pr pf (7) 1's Gobel (Adolf) (d).. 14% Gold Dust (1.20) 713 Goodrich (B F) 40 Goodrich (BF) pf.. 15% Goodyear T&R .. .. 70 Goodyear $7 pf (4) 214 Gotham Silk Hose_.. 1% Graham-Paige._ 5% Granby Consol_ 2 Grand Union 23% Granite City 8 rets.. 26 Grant (W T) (11)_ 9% Grt Northern pf___. 26% Grt West Sug (2.40) 140 119 Grt West Sug pf(7). 73 2% 9 26'% 105 26 6' 117 27h 90 128 122 19% 11 42 20'; Greyhound Corp . .. 1 Guantanamo Sugar. 4 Gulf Mobile& N___. 6 Gulf Mobile & N pf_ 63 Hamilton Watch pf. 16 Harbison Walk (1). 1% Hayes Body 85 Hazel AtlasGl (5)_. 11 Hercules Motor (1). 71 Hercules Pw (13) _ Hercules Pw pf (7). 5% Holland Furnace __ 6% Holland & Son (50¢) 307 Houd-Hersh (2143) A 613 H'daille-Hers B(1). 1% Houston O1l (new)_ 43 Howe Sound (13)__. 6% Hudson Motor Car. % Hupp Motors. . _— lt‘c 130 3% 18 34 108 181 364 484 6% 12% 13 36 67 81% 848 19% 26 245 22% 18% 261 19 5 27% 32% 915 I1linots Central 23'; Indus Rayon (1.68 46% Inland Steel (12) 213 Inspiration Copps 8% Interboro R T (d) . 13 Intercontl Rubber.. 4% Interlake Iron. 2% Int Agricultural .. 26 Int Agricul prpf 354 Int Car'rs Ltd (20c) 22% Int Cement (1) 34'4 Int Harvester 60e) .. 1% Int Hydro Elec (A). 17 Int Merch Marine _ 221 Int Nick Can) (30 123% Int Nickel pf (7). 1l Int Paper & Pw (A 4'; Int Paper & Pw pf 21'; Int Print Ink(1.40). 9815 Int Print Ink pf (6). 9% Int Ry C A pt. 28 Int Salt (134) 42'% Int Shoe (2) . 6015 Int Silver pf l{). 5% Int Tel & Tel 61x Intertype (a20c) _ 25 Island Creek C (2)_. 49 Jewel Tea (3). 3815 Johns-Manv (a50c). 208 ® S HaNARNORO~E - o [ & [P ~PHUTIES S0 TSP PO I P UPR PRI -y - S e P PO P Y e 3 88 TR o s 1 9 50 Jones&Laugh7%pf. 130s 7' Kaufmann D S(30c) 15% Kayser(J)&Co a%0c. 6 Kelsey-Hay A) .. 3% Kelsey-Hayes (B)_. 10% Kelvinator (150¢) .. 13% Kennecott C (60e) . 10 Kim Clark (a25¢) .. 2 Kresge Dept Strs._.. 19% Kresge (SS) (1) 22% Kroger G&B (1.60) . 21% Lambert Co (3) .. 815 Lee Rub&Tire (50¢) 10% Leb Port Cement __. 1% Lehigh Valley Coal. 5 Lehigh Valley R R 67% Lehman C (12.40) __ 10% Lehn & Fink (13)_. 614 Libby McNeill & L. 2113 Lib-O-Ford G1(1.20) 93% Ligg & Myers (t4)B 15% Lily Tulip Cup(1%) 17% Link Belt (80c) ... 24%; Liquid Carb (1) ... 18% Lorillard P (11. 20). 26! 1443 124 Lorillard P pf (7)_- 1% 47% 26% 46 51 13% 117% % La Ofl Ref (d) . 34 Lomm_wnn(nsn. 12% Ludlum Steel ____ 39% McAndrews&F(12). 28 McCall Corp (2). T% McCrory Stores 6% McCrory Strs B (fl)A T% McGraw Hill Pub.__. 34% Mcintyre Porcu (2) 5% McKesson & Rob . 32 McKesson & Rob pf 81 McLellan Stores. .- 85% McLellan Stores pf. 18% Mack Truck (1) . . 30% Macy (R H)& Co(2) 18% Magma Copper (2). 134 Man El md gtd (d)_ 5% Marine Midld (40c). 20 Marlin-Rockwell(2) 6% Marshall Field & Co 23% Mathieson Alk(1%) 35% May Dept Str (1.60) 5% Maytag Co..__ 841 Maytag 1st pf (6)__ 41 Melville Shoe (3) - 3 Mengel Co 20% Mengel Co pf 22 Merch&M Tr (1.60). 24% Mesta Machine (3). 2% Miami Copper - 9% Mid Cont Pet(a40c). 8% Midland Steel Prod. 58 Minn Hon R (13) _. 111% 106 Minn Hon R pf (6)- 5% 57% 3 16% 6% 14% 3 21 3% Minn Moline Pw_ 31 Minn Moline Pw pf. 1% MStP&SSMIlisin. 104 Mission Corp ... 214 Mo Kans & Texas __. 5% Mo Kans & Tex pf_ 1 Mo Pacific (@) . ... 1% Mo Pacific pf (d)... 10% Mohawk Carp (1)-.. 55 Monsanto Chem(t1) 21% Montgomery Ward. % Mother Lode . 17% Motor Produets (2). T% Motor Wheel (60c) . 9% Mullins Mfg (A)_.. 9% Mullins Mfg (B) - 62 Mullins Mfg pf____ 4% Murray Corp- 11 Nash Motors (1)._. 14 NashvChz "StL.. 0e). 12% Nat Dairy P (1.20)_ 1% Nat Dept Stores (d) 17 NatDept St pf(d).. 34 2% 23% Nat Distillers (2)-. 1 4% 4% 4% — % 186 145 Nat Lead (5) — 805 1124 112% 112% +l:fi 14% . 4% Nat Pwr&Lt (60c, 2 6 45 15 6 - ] - EX T 2lranmas> e - Beow pevsawRawune s nddw&»—n—_ - 33 54 lo: 14% 110 24% 53 35 25% T 40% 11% 14% 110 24% 52% 35 25% To% 40% 107% 31% 53 15% Thh 21% 120 104 I+ 4144+ +++44+ 14 T+ ++++ + - 40 35 13 12% 154 85% % 45 +%u 4% + % 10 - % 24% + % 53 +1 35 -1 251 — 35 | Sl % + 40% + % 11% + % 32% +1 53% +1 15% 122 +3 104 -3 4% + % 50 321 14% 21% 13% 8% 22 17% 107 1T% 5313 30% s i 3T 9 33 11% 111, 16% 53% 120% 45 100 111% 1417 527« 100 93 17% 35% Northwest Tel (3)_. 20 Norw'k T&R pf(2).. 9% Ohio O1) (a1be) . ... 16% Oliver Farm Equip-. 3% Omnibus Corp vte_. 4% Oppenheim Collin: 11% Otis Elevator (60c). 4% Otis Steel _ 80 Owens-111 G 14 Pac Am Fisheries _ 1 Pacific Coast 13% PacificG & E (1%). 19 Pacific Ltg (2.40)__. 12 Pacific Mills__ 70 Pacific Tel & Tel (‘) 6% Pac Wn QJl (b40e) .. Packard Motors.__ ' Panhandle P&R pf_. 8 Paramount Pic 84 Param’t Pic1st pf.. 9% Param't Plc 2d pf__, 11 Park & Tilford 2Y% Park Utah 3 Parmelee Trans; 't 47 Pathe Film Corp.... % Peerless Motor-__. 6415 Penick & Ford (3) 57% PenneyJC (2) ... 3 Penn Dixie Cement. 17% Penn R R (ab0e) . 108% Peoples D S pf(6%) 17% Peoples Gas Chi 9% Pere Marquette _ 13 Pere Marquette pf_. 163 Pere Marq prpf __. 133 Pet Milk (1) T Pet C'p of Am atte 11 Pfeiffer Brew (t1). 12% Phelps Dodge(a25¢c) 23 Phila Co 6% pf (3)— 1% Phila & Read C&I__. 35% Philip Morris (1) . 13% Phillips Petrol (1) % Pierce Oil % Plerce Petrole; m__. 31 Pilisbury Fl1 (1.60) 515 Pitts Screw & Bolt_ 1% Pitts United Corp._ 613 Plymouth Ofl cccua 6'» Poor & Co (B) __ 4%, Postal Tel&C of @y 42% Proc & Gamble 31% 115 Proc & Gam pf (5) .. 20% Pub S8ve N J (2.40) . 62% Pub Sve N J of (5)_. 73 PubSve NJpf (6)_ 100 PubSve NJ pf /8)_. Z&'—‘ Pullman. Inc (1%)- 7% Pure Oil ‘9\ Pure 011 8% nf. 8% Purity Bakeries (1) —————— 81y 6213 4 Radlo Corporation . 50 Radio C'DDf A (334) 35% Radio Corp pf B _ 1% Radio-Keith-Or (d) 16'; Raybestos-Man (1). 29% Reading (2) 314 Real Silk Hosiery 8 Reis (Robt.) 1st pf. 7 Remlagton-Rand 4+ Remington-R vpr pf. 2% Reo Motor Car. 9 Republic Steel. 28% Republic Steel p: 7813 Republic Stl pf A 13 Revere Copper (A)- 1713 Reynolds Metals (1} 12'% Reyn'lds Spring(1). 43! Reynolds Tob B (3) 5% Ritter Dental _ 291, Royal Dal.70 1-10¢. — e e 113% 23% 49% 4 3213 Safeway Stores (2). 104% Safeway Strs pt (6) 10% St Joseph Ld (40c). 22 Schenley Distillers. 1% Schulte Retall Strs 8 Schulte Re Strs pf_ 1 Seaboard Air L (d). 20% Seab’d O Del (160¢c) 31% Sears Roeb'k(a76c) 40 Sec Nat Inv pf 32%. % Servel Inc (50e)__. 9 Sharon Steel Hoop.. 3% Sharp & Dohme ___ T% Shattuck(F G)(25¢) 20 Sheaffer Pen (al).. 5% Shell Unlon O} ___. 8% Silver King C(40¢c). 6 Stmmons Co.__. 5 Simms Pet (a50¢)-. 613 Skelly Oll_ _____0. 60 Skelly Oil pf ww__. 15% Snider Packing. ... 10% Secony-Vac (30¢) - . 20 Sou Porto R Sug(2) 10% South Cal Ed (1%)- 12% Southern Pacific_.. 5'3 Southern Rallway.. 7 Southern Rwy pf__. 5915 Spang Chalf pf $3% 3% Sparks-Withington 3% Spear & Co..__. 65 Spear & Co 1st pf. 50% + % 22 10% + % 19 +1% 12% + % 8% + % 19% +1% 15% + % 12% 8% ls‘/u 15% 8]07 106 106 + % T 108 3 100s 111 1 36 1008 1185 6 1 11 1 1 7 21 . 2408 36 Y D= R-U TS P P oy 30s 4 9708 10s 27% 3 44 1 17% 50s 114 16% 16 2 2 6% + % 2+ 2% 27% — % 4 4%+ % 17% 17T%h + 1131 114 +1% 10% + 15 26% 11 111 36 36 231 TSR T & 40% 99 11 42 32 55 91% 17 4+ +E 4 FE FETSESER A+ © ot REFER I+++++4+4+11 FES FFEEIFE FERFESS ¥ OFEFS ® ¥ B 12% T% 6% % 18% 27% 2% 82% 133 'lll/. 20% 111% &0 160 8% 91 16% 73 22 7 17% |42 12435 48% 113% Tha 663 154 2% 19% 4% 14 21% 328 A% 29% 8% 32% 3 2% 81y 214 823 6% 76 38% 28 8% 5% 1 extra. last year. reorganized. 14% Swift & Co (11). % Symington (d) 16% Texas Corp (1) 28% Texas Gulf Sul (2). 3% Tex Pac Coal & Oil_ 81 Tex Pac Land Trust 13% Thatcher (1) ceeeeo. 5% The Fair _ — 2% Thermoid CO- e 2 Third Avenue_ 13% Thompson Products 1% Thompson Starrett. TS Tide-Wat Asso Oil . 45 Cimken-Detront 28% Timpken R B (11) . 4% Transamerica (30¢). 5% Transue& Williams. 1% Tri-Contl Corp_____ 3% Truax-Tra Coal oo 315 Truscon Steel 13 20th Century Fox.. 24% 20th Century Fox pf ——— 1% Ulen & Co._ 53% Und-Ell-Fisher (2) 126% Und-Ell-Fish pf (7) 29 Union Bag&Pap (2) 44 UnCarb & C (1.60). 14% Un Oil of Cal (1) 82% Un Pacific (6) ... 79% Un Pacific pf (4) .. 20% Un Tank Car (1.20). 9% United Alrcraft 413 United Alr Line vte 20% United Bisc (1.60) .. 1% United Corp 20%, United Corp pf @iz 8% United Drug 413 United Dyewoc 60'3 United Fruit (3). 5 U S Distributing pf. 4% U S & For'n Secur... 11 USFreight (1)._.. 40% U S Gypsum (t1).. 143 U SGypsum pf (7). 35% U S Ind Alcohol (2). 31 U S Leather vic__ T4 U S Leather A vtc 53 US Leath pr pf vte. 14% U S Pipe & F (50¢) - 3 USRealty & Imp_. 9% U S Rubber 24'3 U S Rubber 1. 92 USSm& Ref (ll)m 27% U S Steed . 3% U S Steel pf (2)____ 313 United Stores (A)_. 51 Univ Leaf Tob (12) 133% Univ Leaf T pf (8) 7 Univ Pipe & Rad(d) 9% Univ Pipe&R pf(d)- 1 UUlPwé&Lt(A) . _— 13 Vadsco Sates Corp.. 11% Vanadium Corp - 11% Van Raalte (a25¢) .. 2% Va-Car Chemical__. 17% Va-Car Chem 6% pf ———— e 4% Waldorf Sys (50e) .. 26% Walgreen Co(1.60).. 1% Walworth Co . 1% Ward Baking (B, 2% Warner Bros Ple.__ 141; Warner Bros Pic pf % Warner-Quinlan 23 Warren Bros___ 30%; Wesson O&S (150¢c) T4y Western Md 2d pt _ 1'» Western Pacific (d) 20% Western Unlon 18 West'gh'se A B 60c. 32% Westinghse El a50c. 90 Wesths FIE 10 Weston Elec ins. 16% Westvaco Chi ‘40¢c) 14% Wheeling Steal 5% White Motor 12% White Rk M S(1.40) 6 White Sew Mq 1. 1 Wilcox Oil & 3% Wilson & Co (50¢) .. 58 Wilson & Co pf (6). 51 Woolworth (2.40)__ 11% Worthington Pump. T3% Wrigley W jr (13) . -_— 2% Yellow Truck - 313 Yellow Truck pf. 18 Young Spr& W ). 13 YoungstownS& T. 1% Zenith Radlo___.. 2% Conite Products ... Rights % Budd Mfg. Apr.16 Approximate Sales of Stocks on the N, Y. Stock l:xchun 1 11:00 A.M Dividend rates as given in the above table are the annuai cash payments based ow the latest quarterly or hail-yeariy deciarations. 8 Unit of tradiog tess than 410,000 100 3 Accumulated dividends. d Companies _reported xEx dvidend. Prev. day... 69.7 240 Month ago. 659 25.8 Year ago... 506 262 1935 high.. 71.0 27.6 1935 - 495 185 1934 - 614 430 1934 453 228 242 349 1932 175 87 239 169 1929 high..146.9 153.9 184.3 157.7 1927 low... 51.6 953 618 61.8 (Compiled by the Assoclated Press.) (*) New 1935 high. 379 503 36.1 484 276 38.7 393 512 216 348 408 514 19% % 21% 31% 8% 9 33% BY VICTOR EUBANK, Associated Press Pinancial Writer. | NEW YORK, October 19.—Wall | Street listened to the feeble fluttering of the European peace dove today and | bought stocks at substantially higher prices. Gains of 1 to 3 or more points were | scattered over a broad front. The % | close was strong. Transfers approxi T % mated 900,000 shares. + % | Although it was realized that the + | partial Anglo-Italian truce was far +1% | from being a settlement of the war +1% | problem confronting the powers, it | was felt that it was at least a move in the right direction. The forward domestic economic push, however, was | still viewed as the principal market influence. Commodities, including wheat and cotton, pointed downward on the more favorable political cables. Bonds | were steady. Sterling recovered a cent or more in foreign exchange dealings. Shares of farm implement come panies advanced sharply, Case gete ting up 5 points or so. The low-priced | motors were again exceptionally ac- tive, large blocks of Packard flowing over the tape at slight gains. Scate tered utilities participated, but ine dustrials were the leaders throughe out. The coppers eased and the rails were little better than even. Among the favorite gainers, many |at a new year's high, were General Motors, Chrysler, Auburn, Western Union, United States Steel, American Telephone, Electric Auto-Lite, Deere, International Harvester, Johns-Mane ville, Schenley, Du Pont, Westing~ house, Montgomery Ward, Sears-Roe= buck, Armour and Wilson & Co. A loss of around 2 points was suffered by Commercial Credit. While the lessening of war tension abroad was seen as a cheerful mar- ket factor, it was recalled that the financial sector, as a whole, has held | the opinion that the Ethiopian con- flagration would not be allowed to spread. In line with the activity of auto- motive stocks, the announcement of | General Motors of a new type of | inancing, eliminating carrying charges and service costs, was seen as a fore- | runner of similar moves by other | companies in a campaign to expand » sales among lower wage and salary earners. ‘The Associated Press Weekly Ine | dustrial Index jumped from 73.1 to 77, approximating the recovery peak reached last hhruu'y 8 sl mwen - [ & mo arnBemComBuen ® o 60% 17 16% 9 11% 10%, 5 23% 234 6 80% 80% 40! 158 158 91 46 3110 109% 8 6 5% 2 645 643 208 154 154 2 2% % 17% 3% MONEY FOR CONSTRUCTION 0ANS and LOANS ON IMPROVED PROPERTIES 5Y2% FIRST DEED OF TRUST ONLY GEORGEL . BORGER Juceessor. 3tness IAHIG ’ SHEA o 643 Ind. Ave. N.W. 5%% 1444+ + +4++++4 s FrEEr ¥ ¥ 12 18 17 +4+ 414 A FEE & FE 6 :00 Noon.. .. 990,000 | 00 shares. 1 Annual rate & Paid this year in receivership or hellu lus aid BONDS ON N. Y. URB MARKET | Abbotts Dair 6s Alabama Fow bs Cities Srv G DOMESTIC BONDB High. Low. Close. | Kentuck U b8 42107 51 i o 101': uu». 4135 413, 92 913 Btidg 80 106 106% 101% 101% 977797 Service as O Bev Ew Cit_Srv Com Edls 4s F 'fil Com 58 +21 | Gatine 32% 3821 1187 187 187 +1 % 9 e CEEEE A SEERR " 82233 g - 5 L EEEH] 9% 03 i 5 ® 5 - 05Y% 122’!2 l&g‘/c 2 5 Mfkm& o 8 hu “ 41% 013, I 1utve 101% R 105 44% 5: I Ken vt 1t B ;69 Ken Util 6%as D ‘oa | 3 Libby MeN&L B Long lend Lt 6s "45. P 58 '57. Manitoba Mass Gas Mass Gas 538 Memph_P&L 55 A A Miss Power 56 Miss Pw & Lt 5 nsvssA 47 s B Mom LHlP b5s A Narragansett 5 2eRuR00 L =t %%%%5:@? oooa»':gl CRLE i Tenn EI ‘exas + Elect | Texas, Gas s b5 45 L 58 '56 106% 106 nm i 102 (’H 3 s B '5 s A 2020 67% 67l 133:: wsu 108V l(!‘l’/q 107% 107% B8 BT 100 0% 8 um‘% 1065 }:"“ Ve 103 1% 10134 '3’2:: :35% mu 106% 15 1024 1 “ og1 94 Al 9% Wis P Ser A 6 FOREIGN BONDS. T B 7s 47 11<| 3| g:ucl Valley 2% 83, | C 100, 4314 9412 | UDIt E 8 78 rants (stp)—& Title G & Unifed 85 T NEW rubber futures sales, llo. 1 m .7 ;:-ny. gl ;2 Y037 Pow 53 '56_. & o1 ’%enn Pub Ser 5s 78 ww—With warrants. n—New. ahific a ?complmex reported in receivership. B NEW YORK BANK STOCKS NEW YORK. October 19 (#.—New York Security Dealers’ Association: Bk of Man ulf.) ) Publh: (H&\ s r a—Including ex: s—Declared or paid so far this year. RUBBER FUTURES. YORK. October 19 goloeed arm, Money for Construction Loans and Loans on Improved Residential Properties Floyd E. Davis Co. 733 12th St. N.W. 170 bs 180, 312 55% 1042 108 104 10413 10415 uul 106 ° 106 5 —OFFICES— SAUL BUILDING 925 15th ST. N.W., Ideal location. opposite McPher- son Square: elevator: building well kept and under constant super- vision. SINGLE ROOM __. TWO-ROOM SUITE D 7 1054 105% 105t 990 99 9914 105% 105% 105% i A&O_ 15% 15% 8 8 923 15th ST. N.W. ELEVATOR SERVICE 614 SQUARE FEET......$50.00 —STORE— 1616 K ST. N.W. Ground floor. heat furnished; approximately 1.100 square feet. RENT B. F. SAUL CO. National 2100, 925 15th St. N.W. In—-Without war. wi—When issued. st d. y' impaired by maturity. Bid Asked. D415 First Mortgage Money CONSTRUCTION LOANS AND LOANS ON IM. PR.OVED RESIDEN. TIAL PROPERTY 5%2% Prompt action B. F. SAUL CO. 925 15th St Natl. 2100 ). —Crude a7 lower: s ary, l.l 13; llnch. 07 l{i‘:‘gfiu July, 13.58b; Tin. ste: an * puturs. S015 Antimany, Other metals un-