Evening Star Newspaper, October 23, 1935, Page 16

1935, FINANCIAL. STOCKS ADVANCE FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE 2:00 p.m. Prev. 1935 Stock and Bales— Net. | Hieh. Low. Dividend Rate. Add 00. High. fl‘"fi 1 ¥ 22% + Add 0(' High. Low. Close.Chge. 4% 1% Consol Laundries.. WEDNESDAY, OCTOBER 23, "A—16 sk SECURITY SAVINGS B7 orivate wire direct to The Star. 2:00 p.m. Prev. 1935 Stock and High, Low. Dividend Rate 2:00 p.m. Net. | Prev. 1035 Stock and Bales— Low. Olose.Chge. | High. Low. Dividend Rate. Add 00. High. Low. _gl %« 3% — %| 28% 21% LambertCo ¢3).... 8 22% Frev.1005 Stock and Sates— Net. igh. Low. Dividend Rate. _ Add 00. High. Low. Close.Chge. 32% Safeway Stores (3). 3 36% 36 35% + W CASHIER ELECTED Hunton Leith Will Fill Bank Vacancy Left hy Baulsir Death. BY EDWARD C. STONE. Directors of the Security Savings & Commercial Bank, Ninth and G streets, elected T. Hunton Leith to the position of cashier at a meeting held today, President Francis G. Ad- dison, jr., an- nounced this noon. He succeeds the late Samuel R. Baulsir, whose death occurred a few days ago. fol- lJowing many years of valued service to the bank. Mr. Leith is one of the best known younger bankers in the city. Born in Loudoun County, Va., in 1893, he be- came a resident of Washington in 1902, attending the public schools and Emerson Institute. He first became associated with the Security Savings & Commercial Bank in 1914, was elected assistant cashier in 1926 and secretary in 193¢. During the World ‘War he served overseas with the 60th Artillery. A graduate of the American Insti- tute of Banking, Mr. Leith has been 8 leader in the activities of the local chapter and also in the national or- ganization. He was president of Washington Chapter in 1926-27, has served on all the important commit- tees and is at present a member of the Board of Governors. His work on the association’s Banquet Commit- tees has been particularly notable. In the national organization he was | & member. of the Executive Commit- | tee in 1929-30. He was chairman of the Washington Convention Commit- tee when the national convention of | the A. I B. was held here in 1934, | In addition to his work in the Ameri- can Institute of Banking. he has also served as & member of numerous com- mittees in the District Bankers' As- sociation. His advancement today is considered a deserved promotion by his associates at the bank Business Barometers Climb. Compilation of important business barometers for the first nine months of the present year reveals further recovery in Washington—in fact, that | business has come all the way around | that famous “corner.” T. ? T. Hunton Leith 158 163 20'x 13% Alaska Jun (160c)_. 7 19% 30y 173 117% 76 143 12 20'% For the first nine months of 1935 the Potomac Electric Power Co.’s kilo- | watt-hour sales are far ahead of last year. Every month has shown a sub- | stantial gain. The September gain was 11.99 per cent ahead of September, | 1934. Other months have scored prac- | tically the same advances. | The Washington Clearing House | figures show clearings have gone for- ward by leaps and bounds all the year. | At the end of September the total sum | involved in canceled checks passing | through the Clearing House was more | than $150,000,000 higher than in the | like ‘period last year In the last nine months postal re- | ceipts in the Washington Post Office | have been advancing rapidly. Every| month has outdistanced the corre- sponding month of the previous year. Gains and more gains. So it is with the number of tele- phones in use and the number of telephone calls. In September alone the Chesapeake & Potomac Telephone | Co. reported 769,639 average originat- | ing calls per day, compared with 713,- | 281 in the same month last Vear. Nine months of advances in retail sales also have been chalked up. not small gains, but much larger advances than reported in other cities. So it is| with life insurance sales and business in other lines. Reports so far in thvi fourth quarter continue the upward trend, so it now is certain that the| vear will end with substantial im- provement over 1934. Lanston Deciares Dividend. Directors of the Lanston Monotype Machine Co. have declared the regular quarterly dividend of $1 per share. payable November 30 to stockholders of record on November 20 Another dividend of special interest to Washington, noted in The Star late yesterday. is the regular quar- terly payment by the Norfolk & West- ern Railway of $2 per share. payabie December 19 to stock of record of No- vember 30. For the first nine months of 1935 this road reports net earnings of $11.16 a share on the common stock, against $10 a year ago. | Investment dealers in this city who | are planning to attend the twenty- fourth annual convention of the In- vestment Bankers' Association at White Sulphur Spring, W. Va., Octo- ber 26 to 30, include George M. Fer- ris of George M. Ferris & Co.; John Clifford Folger of Folger, Nolan & Co.; James H. Lemon of James M. Johnston & Co.; William W. Mackall, jr.; Carl R. Kurtz of Stroud, Kurtz & Co.: Kenneth S. Wales of K. S. ‘Wales & Co., and Y. E. Booker of Y. E. Booker & Co. The governors of the Federal Re- serve banks are holding their Fall meeting in Washington, no report yet having been given out on their de- liberations. Gov. George J. Seay of the Richmond Reserve Bank is among those present. The closed United States Savings Bank. Carter B. Keene. receiver. is paying a second dividend to depositors of 15 per cent, amounting to $256,458. This supplements previous payments of 65 per cent, making a total of 80 per cent for the depositors. Mergenthaler Bids Advance. Due to a sale of Mergenthaler Lin- otype stock in Boston yesterday at 3613, the asked price jumped on the Washington Stock Exchange today to 38, with an advance, to 36% in the 110 Abr & Strauss pf(7) 4% Adams Expres: 28 Adams Millis (2)._. 8 Addressog’h (60c) 415 Advance Rumely . 614 Affiiliated Prod 60c- 104% Air Reduction (3) . 83y 21 81y * Alleg Corp (d) .. 2% Alleg pf w$30w (4 1% Alleg pf xw (d) 6% Alleg pr of (d) 21 Allegheny Stl ( 125 Allied Chem (6) ___ 2 122' Allied Chem pf (7). 31s Allled Stores 49 Allled Stores pf (5). 12 "Allis-Chalmers____. 14 Alpha Port Cmt (1). 48'3 Amerada Corp (2) .. 411 Am Ag Ch(Del)(3)_ 13'3 Am Bank Note 43 Am Bk Note pf (3). 21 Am Brk Shoe (1) __ 119 Am Brk Shoe pf ('l) 110 AmCan (t4) _ 151% Am Can pf (7) 10 Am Car & Foundry_ 253 Am Car & Fdry pf. 8 Am Chain 38 Am Chain pf(31%). 66 Am Chicle (13)_ 2% Am Colortype. * Am Encaustic (d 2% Am European See__ 2 Am & Foreign Pwr. 14 Am & For Pw $7 pf. 4's Am & For Pw 2d pf_ 8% Am Hawalian S8(1) 3 Am Hide & L(new)_ 28 Am Hide & L pf(n). 29'x Am Home Pr (2.40). 17a Am Ice - 413 Am International . 9 Am Locomotive ___ 32 Am Locomotive pf 18'3 Am Mch & Fy (180c) 4'c Am Mch & Metals _ 42 Am Mch & Met vte_. 13'3 Am Metal 1's Am Power & Light. 8% Am Pw & Lt $5 pf__ 10'x Am Pw & Lt $6 pf 10'; Am Radiator - 15% Am Roll Mill= a30c. 41 Am Seating vte ___ 20 Am Shipbldg (2) % 31% Am Sm&Refining. 103 Am Sm&Ref pf ( Am Snuff (13) Am Snuff pf (6). 12 Am Steel Foundry._. 50% Am Sugar(2)_____. 1813 Am Sumat Tob (t1) 987y Am Tel & Tel (9)... 7213 Am Tobacco () .. 74% Am Tobacco B (5) __ 129's Am Tobacco pf (6) 9 Am Type F pf (d) . T's Am Water Works__ 48 Am Wat W 1st (6). 4's Am Woolen_ Am Zinc & Lead __. 8 Anaconda Copper._. 107 Anchor Cap (60c) __ 96's Anchor Cap pf(63) 1% APWPaper _____. 36 Archer-Dan-M(t1). 3% Armour of Illinois 55'y Arm'r(I11)pr pf (8)_ 16!y Armstrong Cork 500 4 Arnold Constabl 713 Asso Drv Good 8072 As D G 1s1 pf ($12)_ 35% Atch To&S Fe (a2). 66% Atch To&S F pf(5)_ 19'; Atlantic Coast Line 3 Atl Gulf&W Ind 20'; Atlantic Ref (1) 323, Atlas Powder (2)_. 4 Atlas Tack _ 15 Auburn Auto 35'; Austin N pf A (2) 2% Aviation Corp(Del —_— 1's Baldwin Loco (a) .. 7'2 Baldwin Loco pf (d) 71, Baltimore & Ohfo__. 9ix Baltimore & Oh pf__ 36's Bang & Aroos (2%5). 106« Bang & Aroos pf(7) 34 Barker Brothers 57 Barnsdall Corp t60e 2 Bayuk Clgar (1) _ 107% Bayuk C 1st pf (7)_. 14 Beatrice Cre (a50c). 72 Beech-Nut P (13)_.. 11'¢ Belding-Hem (1)_.. 117 Bendix Aviation___. 15'4 Beneficial Lo (1%). 34 Best & Co (2) 1% Bethlehem Steel 55% Beth Steel pf(a1%) 14 Bigelow-San Corp... 9% Blaw-Knox 281 Blumenthal pf 6'a Boeing Airplan: 294, Bohn Alum &Br (3) 90 Bon Ami (A) (14) 21 Borden Co (1.60) __. 281 Borg-Warner (2) _. 'z Botany Min(A) (d). 8'; Bridzep't Brass 40c. 24'; Briggs Mfg (12)___. 23's Briggs & Strat (3).. 30% Bristol-Myers (12). 363 Bklyn-Man Tr (3) __ 90 Bklyn-Man T pf(6). 43 Bklyn Union Gas(5) 53 Brown Shoe (3) 3% Brunswick-Bal 4% Bucyrus-Erie 813 Bucyrus-E cwpf. 4 Budd(E G)MIx 3 Budd(E G)Mfg pf_ 2'; Budd Wheel _. 81 Bullard Co_ 3 Burns Bro pf (d)__ 13% Burr Add Mch(60¢c) 1 Bush Terminal (d) . 10 Bush Term B pf cod 1's Butte Copper&Zine. 11% Byers (A M) fornia PKg(1%) lumet & Hecla __ 715 Campbell-Wy (1) _ 8t Can Dry Gin Ale 8% Canadian Pacific 45% Case (J 1) Co_ 8315 Case (J I) pf (4)..— 36'% Caterpillar Tr (t1). 19% Celanese Corp.. 17 Celotex Co (d) 11'% Celotex Co pf ( 22 Cent Aguire (1%) .. 34 Central RROfNJ_ 6'4 Century R M pf (7). 38% Cerro de Pasco (4). 35, Certain-teed Prod - 4 23 Certainteed Pr pf_. 2 37'% Ches & On1o (2.80) 36 Chesapeake Corp(3) s Chi & East 111 pf (d) 1% Chi & Grt W pf (d)_ 15% Chi Mail Order (t1) % Chi Mil StP&P (d). % Chi M StP&P of (d) I"Chi&NW (@) ___ 3% Chi & N W pf «d)__. 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf... % Chi R I&Pac (d) .__. 1% Chi R 1&P 6% pt(d) 1% Chi R 1&P 7% pf(d) 25 Chickasha C O (2) 315 Childs Co 31 Chrysler Corp (+1) 12 City Ice & Fuel (2) 3% City Stores 12% Clark Equip 275 Clev Graph Br (11). 116 115 115 +1% 35% l+++ 141+ + RS b+ o o R LT IR - e R PR P |+t [ B 1423, 1017 FEFEE ¥ FEEFFE F 10% 1% 16% 12005 40% 435 8 16214 63 Consol Of] (a26e) .. % Consol Textile ... 8% Container Corp (A). 2% Container Corp (B). 4’ Contl Baking (A)... % Cont) Baking (B) 46% Contl Baking pf (¢). 62% Contl Can (3) ______ 7 Contl Dia F' (ab6e) ... 287 Contl Insur (11.20) % Contl Motors 15% Centl O Del aé2%c_. 41% Corn Ex BK&TT (3). 60 Corn Prod Ref (3).. 4'a Coty Ine. 357 Cream of Wh (0!)_ 11% Crosley Rad (aZbec). 2313 Crown C&S (1) .__. 313 Crown Zelleb'k vte. 14 Crucible Steel 1 CubaCo._. 6'4 Cuban-Am Sugar. . 40'; Cuban-Am Sug pf.. 39% Cudahy Pkg (2%).. 15 Curtis Publishin, 89' Curt! 2 Curtiss Wright____. 614 Curtiss Wright (A) 16 Cutler Hammer . ___ 6 Davega Stores.. 22% Deere&Co . 19 Deere&Co pf (375¢). 23'; Delaware & Hudson 11 Del Lack & W 65 Detroit Edison (4 35'5 Devoe & R (11) A 114'; Devoe & R 1st pf(7) 26's Dlamond Mtch 'l%. 6% Dominion Stores.__ 17' Douglas Air (aT6e). 13!z Dresser Mfg A b1 2 Dunhil Internatl._. “86% Du Pont (13.60) ___ 1267 Du Pont deb (6) . 3% Eastern Roll Mills_ 110'; Eastman Kod (16) 16% Eaton Mfg (11) 19% Elec Auto L (a30c). 107 Elec Auto L pf (7). 37x Electric Boat - 5% Elee & Mus I[nd. t's ElecPw& Lt ____ 2'3 Elec Pw & Lt $6 pf_ 3 Eleo.Pw & Lt 87 pf. 39 Elec Stor Bat (2%). 5 Elk Horn C pf (d) - 14'; Eng P S $5.50 of 15'z Eng Pub Sve $6 of._. 813 Erle R R 1st pf. 6% Erie R R 2d pf _ 101, Eureka Vae C(80¢). 15 Evans Produets(1). 2 Exchange Buffet___ — 10% 26% 28 1174 141 27% 128 118 19% 11 42 247% A% 56 55 11% 1% 24y 57% 181 17 Fairbanks Morse 71'y Fairb’ks M pf 1314 5% Fed Lt & Tr '« Fed Motor T(a10c). 2 Fed Screw Works _ » Fed Water Sve (A). 16’y Fed’d D Strs (160c). 2813 Fid Phoen F1 11.20_ 13 Firestone (40c) 8413 Firestone pf A (6)_. 45 First Nat Strs (23%) 2% Follansbee Bros(d). 204 Food Machine (1).. 973 Foster- Wheeler_ 607 Foster-Wheeler p: 19% Four Nat Iww a1.10 « Freeport-Texas (1) *» Gabriel Co (A) 5'y Gen Am Investors _ Gen Am Trans(1%) 11 Gen Asphalt 7' Gen Baking (60c) .. 2015 Gen Elestric = 30 Gen Foods (1.80) _. '« Gen Gas & El (A) 8 Gen G&E 6%cv pfA aGen Mills (3) _ 6% Gen Motors (12) 107'3 Gen Motors pf (5)_. 3 Gen Outdoor Adv. 17% Gen Print Ink(1.60) 93'3 Gen Print Ink pf(6) 1's 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) 70'; Gillett Saf R pf (5). 2! Gimbel Bros _____. 18 Gimbel Bros pf_.... 23% Glidden Co (t1).___ 1's Gobel (Adolf) (d) . 14% Gold Dust (1.20) . 7'3 Goodrich (BF)____ 40 Goodrich (BF) pf_. 15% Goodyear T&R ___. 70 Goodyear $7 pf (4)_ 215 Gotham Silk Hose_.. 20 Gotham Silk H pf.... 1% Graham-Paige ... 5% Granby Consol. 214 Grand Union. 143 Grand Un pf ( 18'x Granite City Stl (1 23% Granite City 8 rets_ 26 Grant (W T) (11)__ 9% Grt Northern pf 9% Grt North Ore (50¢) 265 Grt West Sug (2.40) 20'; Greyhound Corp - 1 Guantanamo Sugar. 4 Gulf Mobile& N __. 6 Gulf Mobile & N pf. 12 Gulf Sta Steel 30 Hack Wpf A (1%). 4 Hall W F Printing. 6'3 Hamilton Watch . 63 Hamilton Watch pt 16 Harbison Walk (1). 513 Hal 1% Hay 85 Hazel Atlas Gl (5 127 Helme(Geo H)(15). 11 Hercules Motor (1) 122 Hercules Pw pf (7). 104 Hershey Ch pf (14). 5% Holland Furnace _. 6% Holland & Son (50¢) 30% Houd-Hersh (2% ) A 6'3 H'daille-Mers B(1). 13 Houston Of] (new)._ 43 Howe Sound (13)__. 2% Hudson & Manhat.. 6% Hudson Motor Car. % Hupp Motors 9% fllinois Central_. _.. 15 Illinois Central pf_. 40 [11 Cent Ise lines(4) 2315 Indus Rayon (1.68 46% Lnland Steel (13) 2% Inspiration Copper.. 8% Interboro R T (d)-— 4% Interlake lron._ ... 2% Int Agricultural.... 26 Int Agricul prpf_.. 149% Int Bus Mach (16)._. 3% Int Car'rs Ltd (20¢) 22% IntCement (1) _. 34'% Int Harvester §0e) .. 1% Int Hydro Elec (A). 1% Int Merch Marine__ 22% Int Nick Can)(30e. % Int Paper & Pw (B). % Int Paper & Pw (C). 4% Int Paper & Pw of _ 238 15 308 34 18 62 4 10 2 2 10s 4 3 1 9 % 6 6 4 < 20s 181% 1sm 21 58% 3% 34 31 1% 1 14% M+ % % 15% 6% — 4 8% + % 1% + 62% + % 95% +1% 16% — % A1% + % 1% — % 228 + % 567 +1% 63% -1 5 38 15% + % 37% +1% 5 26 1 ~% hig — 52% —4 2 -% 17% 99 2% -3 FSEE 3 OFEF 32 181% 28h 5914 3% 4 ++4+ +.fi*+i++ +Hi+ o+ 8% Lee Rubber (50¢) 10% Leh Port Cemen s Lehigh Valley Coal. % Lehigh Val Coal pf_ 5 Lehigh Valley R R.. 6714 Lehman C (13.40) __ 10% Lehn & Fink (13%)., 6% Libby MoNeill & L. 2143 Lib-O-Ford G1(1.20) 21 Life Saver (1.60) 941 Lige & Myers (14) _ 93% Ligg & Myers (14)B 15% Lily Tulip Cup(1%) 13!3 Lima Locomotive... 17% Link Belt (80c) ... 243 Liquid Carb (1) 31% Loew's Inc (2 108‘. 102 Loew's Inc pf ( 1% 1 LoftiInc 1% Long Bell Lum (A) 33 Loose-Wiles (2)__.. 18! Lorillard P (11.20). % La Oll Ref (d) ... 10% Louisv d&EDlA I’A 34 Louis&Nash(a2%). 12% Ludlum Steel _ __ 90% Ludlum Stl pf (G%) BT LR C41% 26% 45% 264 131% 39% McAndrews&F(12). 28 McCall Corp (3).__. T% McCrory Stores (d). 6'3 McCrory Strs B (d). 347 Mclntyre Porcu (2) 90'; McKeesport T P (4) 573 McKesson & Rob __ 32 McKesson & Rob pf. 815 McLellah Store! 18% Mack Truck (1) ... 30'; Macy (R H)& Co(2) 18% Magma Copper (2). s Manati Sugar (d) .. 3 Mandel Bros . - 29 Man Elev gtd (d) 13% Man El md gtd (d)_ 10 Manhat Shirt (60c). 5% Marine Midld (40¢c). 1 Market St Ry 2d pf. 20 Marlin-Rockwell(2) 6% Marshall Fleld & Co 4 Martin Parry 23% Mathieson Alk(1%) 7s May Dept Str (1 60) 33 Maytag pf ww T35 84'; Maytag Ist pf (6)__ 41 Melville Shoe (3) 3 MengelCo 20% Mengel Copf . __ 24's Mesta Machine (2)- 22 Mlami Copper - 913 Mid Cont Pet(a40c). 81 Midland Steel Prod_ 60'» Midl'd Stl 1st pf(8) 105 Minn Hon R pt (6). 3% Minn Moline Pw___ 31 Minn Moline Pw pf._ 10% Mission Corp _____ 2'3 Mo Kans & Texas _. 57 Mo Kans & Tex pf__ 1 Mo Pacific (d) 113 Mo Pacific pf (d)___ 10% Mohawk Carp (1) .. 55 Monsanto Chem(11) 21% Montgomery Ward. '« Mother Lode 17'a Motor Products (2) 14 Moror Wheel (60c)_ 9« Mullins Mfg (A)__. 3 Muliins Mfg (B) 62 Mullins Mfg pf _ 131 Munsingwear Ine__ 20' 4% Murray Corp 43 30 Myers (FE) & B (2) —_— 19 11 10 104 331, 19 181, 110"y 2 41 201, Nash Motors (1) 6% Nat Aviation Nat Biscuit (1.60). t Cash Rel(ifl:) t Dairy P (1.20) Nat Dairy pf A (1) Nat Dept Stores (d) Nat Lead (5) Nat Lead pf (7) A . Nat Pwr&Lt (60c) Nat Steet (11) Nat Supply Co Nat Supply Co pf. Nat Tea (60c) _ 7' Natomas Co (30c).. 211, Netsner Bros (11)__ 4% Newport Industries 1813 N Y Afrbrake _ 27% 124 NYCentral RR 13 6 28 9% 1y 4 139 112 % W Rl3 273 N 16% 6 2% 161 108 4n 24% 538, 97% 217 189 147 16215 150 WUh 4% T4 40% 20 9 7% 36 1% 8 128 7 4, 9 281 H & Hartfora N H & Hartf pf Ontarfo & West N Y Shipbuilding Norf & West pf (4) North Am Aviation North Amer Co @ North Am Co pf (3) North Am Ed pf (6) 13's Northern Pacific.._ 1414 9% Ohia Ol (a30e) 16% Oliver Farm Equip_ 313 Omnibus Corp vte _ 4%, Oppenhelm Collins . 11'a Otis Elevator (60c) 4% Otis Steel 22% Otis Steel pr pf 80 Owens- 11l Glass(4). 14 Pac Am Fisheries . 1 Pacific Coast 313 Pacific Coast 1 134 PacificG & E (1 19 Pacific Ltg (2.40)__ 12 Pacific Mills___ ___ 70 Pacific Tel & Tel (6) 111'; Pacific T & T pf (6). 6% Pac Wn Oil (b40c)_ 3's Packard Motors____ 8 Paramount Pic __ 84 Param’t Pic 1st pf__ 9's Param’t Pic 2d pf_.. 2% Park Utah % Parmelee Transp 473 Pathe Film Corp_. 81, Patino Mines _ _. 642 Penick & Ford (l)_- 57% Penney J C (2) ... " 2% Penn Coal & Coke. 3 Penn Dixie Cement. 18 Penn DixieCpfA._. 17% Penn R R (a0e) . 116% 108% Peoples D S pf(6%3) 43'3 17% Peoples GasChi._... 25 9% Pere Marquette __ 40'; 13 Pere Marquette pf.. 52 16'3 Pere Marqprpf_ ... 19% 133 Pet Milk (1) 11% 7% Pet C'pof Am alle. 15% 11 Pfeiffer Brew (t1)_ 26' 12% Phelps Dodge(a25c) 45 23 Phila Co 6% pf (3) 76% 38'5 Phila Co pf (6) new 4% 1% Phila & Read C&l1... 53 35% Philip Morris (1) 11 5% Phillips-Jones C_ 31'4 13% Phillips Petrol (1).. 3 Phoenix Hosiery._.. % Pierce Oil 31 Pilisbury F1 7 Pitts Coal 514 Pitts Screw & Bolt_. 224 Pitts Steel pf ... 243 Pitts United C pf.... 1 PittstonCo couee 63 Plymouth Oil 6% Poor & Co (B) 1% Porto R Am Tob(A) 4% Postal Tel&C of (d) B %x Pressed Stl Car (d). 3 1% 63 Pressed Stl1C pf (d) 2 13 42% Proc & Gamble $1% 11 52% 120% 115 Proc & Gam pf (5)- 200s 119% 4% l0 1 Ria 19% 157 9% 107 = % 113% 104% Sa +1 a 1+ 414+ FF VRS S ay Strs pf (6) 114% 109 Safeway Strs pf (7) 23% 28% 237 | 121 | “261 3 123, 23 9 201, 3 9% 15% 3% T 643y 28'% 88%, 27% 23% 26% 160 143 119'x U £ Tobaeco (15) 10% St Josepb Ld (40e). 1 St L-San Frpf (d)- 9 StLSouthw'n__ % 12 StL Southw'n pf_. 6 Savage Arms. 22 Schenley Distiller: % Schul 55 Scott Paper (1.80) _. 14 Seaboard Air L (4)_ 20% Seab’d O Del (t60¢) 31% Sears Roeb'k (a76c) 11 Second Nat'l Invest. 40 Seo Nat Inv pf 123, 7% Servel Inc (50e) ... 9 Sharon Steel Hoop.. 3% Sharp & Dohme____ 7% Shattuck(F G) (25¢) 512 Shell Union Ofl_____ 6314 Shell Union Ofl pf__ 8% Silver King C(40¢).. * 6 Simmons Co. 5 Simms Pet (a50c)_- 65 Skelly Ofl — 60 Skelly Oil pf ww - 13 Sloss-Sheffield St1 24 Sloss-Sheft Stl pf_ 15% Snider Packing. 10% Secony-Vae (30¢) llZ 1072 Sol Am Inv pf(5%). 20 Sou Porto R Sug(2) 10% South Cal Ea (1%). 12% Southern Pacific 5'3 Southern Railway._. 7 Southern Rwy pf- 5 Spalding (AG) . 42 Spalding(AG)1st pf 59's Spang Chalf pf $3% s Sparks-Withington. Spear&Co_._ ____. % Sperry vte (a2bc) R'. Spicer Mfg._____ 33% Spicer Mfg pf @ 437% Spiegel-May-S (3) 80 Spiegel-M-S pf(6%) 12'; Stand Brands (80e). 122% Stand Brands pf(7) 21, Stand Com Tobacco 113 Stand Gas&El () 1% Stand G&ES$4 pf(d)_ 4% Stand GEE$6pf(d)._ 6 Stand GEES$7pf(d). “4 Stand lav Corp.___. 27% Stand Of) of Cal (1) 23 Stand Ofl of Ind (1) 35% Stand OIl N J (11)_. 1215 Starrett (L S) (1)_. 58% Sterling Prod (3.80) 1'% Sterling Secur (A)_. 31 Sterling Secur pf _ 6% Stewart-Warn t50c. 215 Stone & Webster_ 21 Studebaker Corp.. 60'3 Sun O11 (1) _ 115'; Sun Oil pf (6) 11 Superheater (50c 1% Superior Of __ 5 Superior Steel 177% Sutherl’d Pap t6 3\ Sweets Co of Am_ 14% Swift & Co (1) = 1% Symington (A)(d) .- 6'% Telautograph (60¢) 4 Tennessee Corp 16'; Texas Corp (1). 28%, Texas Gulf Sul (2). 14 Texas&PacRR___ 3!« Tex Pac Coal & O 813 Tex Pac Land Tru 13'a Thatcher (1) _ 50 Thatcher M pf(2.60) 2'3 Thermoid Co 13% Thompson Products 1% Thompson Starrett. 7% Tide-Wat Asso Oil . 84 Tide Wat A O pf(6) 4% Timken-Detroit ___ 28% Timken R B (1) 7'¢ Trans & Westn Air_ 4°x Transamerica(30¢c). 5'a Transue&William 17 Tri-Contl Corp A% Truax-Tra Coal 313 Truscon Stee] _ 13 20th Century Fox__ 24% 20th Century Fox pf 2'; Twin City R T. 18 TwinCity RT 53% Und-Ell-Fisher (2). 29 Union Bag&Pap (2) 44 UnCarb&C (1.60). 14% Un Ofl of Cal (1).. 8215 Un Pacific (6) 20% ¥n Tank Car (1.20). 97 United Afreraft____ 415 United Alr Line vte 7 United Am Bosch __. 20% United Bisc (1.60) 144 Unit-Carr Fast (1). 46 United Carbon 2. ; United Corp "m-. United Cord of ()= 8%, United Drug..._... 4'; United Dyewood ... 31 United Elec Coal._ 6015 United Fruit (3)_ 9'¢ United Gas Imp ( £7's United Gas I pf (5) 5 U S Distributing pf 41, U S & For'n Secur 65 US & F S 1st pf (6) 11 US Freight (1) _. 403 U S Gypsum (+1)___ U S Gypsum pf (7). 5 US Hoffman_____ 35'% U S [nd Aleohol (2) Ti3 U S Leather & vte_. 14% U S Pipe & F (50¢)_ 19% U S P&F 1st pf 1.20. 3 US Realty & Imp. 9% U S Rubber 2413 U S Rubber 1st pf _ 92 USSm & Ref (a8)_ 62% USSm &R pf (3%) 73% U S Steel pf (2) 3'a United Stores (A)_. 51 Univ Leaf Tob (2) " Univ Pipe & Rad(d) 9% Univ Pipe&R pf(d 1 Ut Pw &Lt (A) '3 Vadsco Sales Corp... 11% Vanadium Corp 11% Van Raalte (a25¢).. 34 Vick Chem (12) .. 215 Va-Car Chemical__ 17'3 Va-Car Chem 6% of 85 Va-CrCh 7% pf(7). 7215 Va El & Pw pf (6) 63's Vulcan Detin (a4) 1% Wabash pf A (d) .. 4's Waldorf Sys (50e) .. 26'% Walgreen Co(1.60) 114 Walgreen pf (83;) 1% Walworth Co (d). 1% Ward Baking (B) _ 28'y Ward Baking pf (2) 2'4 Warner Bros Pic. . 1413 Warner Bros Pic pf % Warner-Quin (d)__. 2)3 Warren Bros 36 West Pa Elec pf (6) 397 West Pa Elec pf (7) 120 lfll‘a West Pa Pwr pf (7) '2 Western Maryland. 7‘/. Western Md 2d of. 14 Western Pacific 2% Western Pacific 20% Western Unton._ __ 'gh'se A B 50c. inghse El a50c on Elec Ins.. . ico Chi “40¢) ling Steel 10s 110 110 110 + % 208 lle 112% 112“ =2 25 ' 508 | changes were quiet. | news aided sentiment | mestic business picture lost little o} | Owens-Illinois, | Fe, $1T0 83 A SHARE Fast Late Rally Overrides Effects of New Haven Finance Crisis. STOCK AVERAGES lndg‘ mm . sl 1 —1 718 251 39.7 715 250 39.8 675 259 37.1 511 278 218 718 276 398 495 185 216 614 43.0 406 453 228 242 349 175 8.7 239 169 1469 153.9 184.3 157.7 1927 low... 516 953 618 61.3 (Compiled by the Associated Press.) Net change. Today, noon Prev. day.. Month ago. Year ago... 1935 high.. 1935 10W-o.. +.2 52.1 51.9 495 394 519 3438 514 BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, October 23.—The stock market today overrode the New Haven's financial crisis with a fast last-hout rally that pushed up numerous issuey 1 to 3 points to new highs for the past year or longer. Oils, farm implement issues and a wide assortment of industrial special+ ties led the advance and most of thy rails joined the forward thrust. The close was firm. Transfers approximated | 2,800,000 shares. Irregular price changes ruled dur. ing the greater part of the day's pros ceedings. New Haven issues dropped 1 to 2 or more points as the road’y directors filed for reorganization un. der the national bankruptcy act. Bu) at this not-unexpected developmeng following refusal of the I. C. C. t( approve a much-needed loan from |the R. P. C., the thought was ad- vanced that this might be the las bad news for the rails for some tim¢ to come. Te heavy churning movement pu| the ticker tape behind two minutey in the first hour, with the large vols ume of 810,000 shares changing | hands. The pace slowed, but in the final recovery lap the tape was agair pressed. A few of the tobaccos ang other issues did not follow the comes back. Wheat turned heavy. but corn wag fairly steady. Cotton firmed. Bondy improved with equities. Foreign ex- Better foreign and the do. its brightness. Among the best share gainers werq Case, Wesson Oil, Deere, Caterpillat Tractor, Standard Oils of New Jersey and California, Phillips Petroleum, Amerada. Pure Oil, American Teles phone, Chrysler, General Motors, United States Steel, Bethlehem, Johns-Manville, Santa Union Pacific and Great North- ern. The utilities backed and filled listlessly. Prices of a number of thq leaders were shaded by profit taking just before the finish. New York Cotton By the Associated Press. NEW YORK, October 23.—Advancej | of approximately $2 a bale in cottof today were attributed to a continueq trade demand and scattered buying on the outlook for killing frost i : sections of Arkansas, Oklahoma an{ Texas December contracts, after selling uj to 10.98, were ruling around 10.92 al 2 oclock, with the market about 1§ to 18 points net higher, ____Liverpool Quot: LIVERPOOL. October 17000 baies. " including Spot moderate business done point. higher. Quotations | American qnn g00d middling. ns. ). —Cottol 0 American prices thr + low middling, ict_good ordinar: i, Futures closed o1 cember. S08" Viarch. .09 May. 6.0 July. § PROCTER & GAMBLE NET AT $4,304,504 {$700,000 Set Aside for Material and Prodticts Equalization Fund, Deupree Reveals. | By the Associated Press. CINCINNATI. October 23.—The Procter & Gamble Co. reported cone solidated net earnings of $4.304.504 for the first quarter of the fiscal year, i The quarter ended September 30. Thig compares with earnings of $4.085.461 | for the corresponding period of 1934, From the latest earnings. Richard R. Deupree, president, said the come pany set aside $700,000 for the mae terial and products price equalization fund established last year. This, he added, reduced the amount available for dividends to $3,604,504, or 529 cents per share of common stock outstanding. compared to 60.5 cents for the first quarter last year. middiing. good ordi U. S_TREASU'BY NOTES. (Revorted by Chas. D. Barney & Co) Rate-Maturity, Bid off ¥ FIP REEE FP 44+ e 45 20% PubSve NJ (2.40). 27 43 100 62% Pub Sve N J of (5).. 6 99 124% 85% Pub Sve NJ pf (7)_ 1 125'% 5274 29'; Pullman, Ine (1%).x 20 10 » 7 % 95 2115 Int Print Ink(1.40). 985 Int Print Ink pf (6). 9% Int RyCApf 25% Int Salt (1%) . 42% Int Shoe (2) . ceauee. 16 IntSilver. . _____. 601 Int Silver pf (4) .. 33% 107% 10t 26% 4Tl 23% 6% + 44 44 2'-71 161% Coca-Cola (3) __. 259 260 57% 53% Coca-Cola A (3)__.. 19%4 15'% Colgate-P-P (50¢) 106% 101 Colgate-P-P pf (6). 39 9 Collins & Alkman _ 107 69% Collins & Alk of (7) 8% 6% Colonial Beacon Oil 92 465 Wheel Stl pf(31%). 6% White Motor 12% White Rk M S(1.40) 6 White Sew Mch pf._. 1 Wilcox Oil & Gas__. 3% Wilson & Co (50¢)- bid. No sales. The reason for the sudden advance in the stock is still| unexplained. Other issues on the Washington Exy- change today were strong. Traction & - [ g Mortgage + & +4+1 £ & 106 3% 107 8 106% + 38% + 07 36 39% 2308 107‘6 IGOI 74 & bonds sold at 97%. City & Suburban 5s were out at 91 and Railway 5s at 105%. Capital Trarsit stock sold at 18% and 18%. The first of the Winter meetings of the District Life Underwriters’ Asso- ciation takes place tomorrow noon at the Willard. The monthly meeting of the Safe Deposit Section of the Bank- ers’ Association comes tonight. Washington ~ Chapter, American Savings, Building & Loan Institute, is holding a lecture series, one being given in the Thomson School every ‘Thursday evening by Harry J. Kane, jr. Julius Maedel is chapter presi- dent this year. The Securities Exchange Commis- sion shortly will announce decisions on questions involving confidential treatment of salaries of corporate of- ficials as reported under permanent 284 22 1% 7 5% 13 Colo Fuel & Ir (). 5 ColoF & Iof (d)... 10% Colo & South Colo & Sou 1s 3% Col G & Kl (az0e)__. 35% Col G & Epf A (€).. 31 ColG &E pf (5).. Tegistration requirements, - 119 72 115% 105 23% 2 65% 40% 49 58% 10% 80 T% 2214 34% 101% 34% Colum Pic vto (11). 67 Colum Carbon (4)_. 39'5 Comel Credit (2%). '3 110'% Comel Cred pf(5%) 56% Comcl Inv Tr(12.80) 111 Comel I T cv pf (6). 977% Comel In T pf(4% ). 16'% Comel Solv (t60c).. % Comw & Southern_. 29% Comw & Sou pf (3). 27 Congoleum-N(1.60) 23% Conn Ry&Lt (43%)_ 41 Conn R&EL pf (4%). 7, Consol Cigar 73 Con Cig pr pfxwé%. 34 Consol Film 14% Cons Film pf ($1%) 15% Consol Gas N Y (1). 72's Consol Gas pt (5) .. - 50% 49% 50% 2110 110 110% — 37 62 60 6l + % 2113 113 113 99% 100% — % 18% 18l — % 2 24 + % 61% 62% +1% 39% 40 + % 38 - % 3 -2 % = % 2% 1% 5% 18% — % 3074 —1% 14 100 +2 b6% 568% + 17 17% ’ i l 5% Int Tel & Tel . 24% Island Creek C (2)._. 67 49 Jewel Tea (3). _ 86% 38% Johns-Manv ( 84% 50 Jnu&unxh'llpf uo. 120 8 llSK Ku C P&L1st pf(6) Kans City Southn__ s% Kans City South pf. 7% Kaufm'n D S a1.15__ 15% Kayser J & Co a90¢c_ 34 Keith-Albee-Or pf.. 6 Kelsey-Hayes (A).. 3% Kelsey-Hayes (B).. 10% Kelvinator (¥50¢e).. 84 Kendall Co pf (16).. 13% Kennecott C (80e)... 10 Kim Clark (a25¢)-.. 23 Kinney (G R) Copf. 2 Kresge Dept Stra... % 19% Kresge (S8) (1)... 32% 29% 99%100 0b a v 2 113 103 m(ll)v’fl)_ Kroger G&B (. 22% Kroger 1.60) . 12 Laclede Gas 5t L. 10% 25 54 86% 82 20s ll! 118 6\1- 189- 25% 90'% 1% 8la 6215 81 34 8% Purity Bakeries (l) 4 Radio Corporation._ 50 Radio C'p pf A (33%) 35% Radlo Corppt B_._ 1% Radio-Keith-Or (d) 1614 Raybestos-Man (1). 297 Reading (2) 1 Reis (Robert) 8 Reis (Robt.) 1st pf_ 7 Remin:ton- Rand 21% Remington-R pr pf. 69 Rem-Rand 6% pf__. 2% Reo Motor Ca 9 Republic Steel 28% Republic Steel 9!.. 12% Re; 43% Reynolds Tob B (3) 5% Ritter Dental. 21% Roan Antelope Ltd_ 29%, \Bonl Dal791-10e RIBE ikl 4 FrEE 14' — % 284 + W 32 58 Wiison & Co pf (6). 51 Woolworth (2.40) 11% Worthington Pump. 25% Worth Pump pf A. 20 Worth Pump pf B. 73% Wrigley W jr (13) 17% Yale & Towne (60¢c) 6% 2% Yellow Truck. 7% 40 2813 8% 5% 11:00 A.M.. 1:00 P.M.. Dividend rates as given in | o yuuuumm'."uu- Rights Bxpire. 1 % Budd Mfg. Apr.16 Approximate Sales of Stocks on the N. ¥. Stock Exchange. 31% Yellow Truck pf 18 Young Spr& W (2). 13 Youngstown S& T. 84% 381 Youngst'wn S&T pf —_—— 1% Zenith Radio__._. 2% Zonite Products 68 13 21 . 810,000 12:00 Noon..... 1,230,000 +1,600000 2:00 P.M......1880,000 Sia Rt Yearh S nit’ of lnmn:uuthfl 100 shares ! Annusi rate pie or being ext last_vear. eorsanized, d Compantes xEX “ia “feceivershi Money CONSTRUCTION LOANS AND LOANS ON IM. PP.OVED RESIDEN- TI1AL PROPERTY 5%2% Prompt action B. F. SAUL CO. 925 15th St Natl. 2100