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A—I8 #+% EXCHANGES PLAN CHICAGO SESSION W. W. Spaid of W. B. Hibbs & Co. to Preside at Impor- tant Meeting Monday. BY EDWARD C. STONE. W. W. Spaid, president of the Asso- ciated Stock Exchange and partner in W. B. Hibbs & Co., will preside at 8 meeting in Chicago Monday of the presidents of 22 stock exchanges, during which Chairman James M. Landis of the Securities Ex- change Commis- sion and other high officials in the commission will speak. According to Eugene E ‘Thompson, exec- utive vice presi- dent and secre- tary of Associ- ated Stock Ex- changes. the big issue under discy sion will be the problem of broks dealer segregation. This matter has been under study for several months and a report is to be made at the next session of Congress. Should Congress vote for a separa- tion of brokers and dealers in secur- ities, 1t would be a death blow to some of the smaller exchanges on account of the limited amount of business done by the members. They have to supphment their exchar business with the dealer activities. The Chicago “round-table” confer- ence will bring together the largest number of stock exchange executives ever assembled under one roof in the history of the American Securities markets. James M. Johnston will rep- resent the Washington Exchange. President Charles R. Gay of the New York Exchange will attend, the list including the heads of all the other | important exchanges in the country. | With Chairman Landis from the Securities Exchange Commission will be Robert E. Healy, Dr. Kemper Simp- son, Willis J. Ballinger, Thomas H. Gammack, David Saperstein and A. ‘W. May. Acacia Elections Announced. Two important elections by the di- rectors of the Acacia Mutual Life In- gurance Co. were announced today by William Montgomery, president of the | company. | Frank J. Stryker, president of the Columbia National Bank, was named to the Board of Directors, and How- W. W. Spaid, FINANCIAL. By prl 1935 Stock and Low. Dividend Rate. 51 Acme Steel (12)__. 4% Adams Express... 28 Adams Millis (2)_ 8 Addressog’h (60c) 415 Advance Rumely __ 8% 613 AfMiillated Prod 60c. 164!, 104% Air Reduction (13). * Alr-Way Elec.Appl.. s 13% Alaska Jun (160c).. 2 Alleg Corp (d) _____ 2% Alleg pf w$30w (d). 6% Alleg prpf (d)___.o 21 Allegheny Stl (1) 125 Allted Chem (6)—me 314 Allled Stores.__. 49 Allled Stores pf (5). 12 Allis-Chalmers .. 14 Alpha Port Cmt 215 Amal Leather.__ 48'; Amerada Corp (2 41's Am Ag Ch(Del)(3). 13!z Am Bank Note 43 21 119 Prev. High. 3 9% 2 10 8 4 2 Am Bk Note pf (3). Am Brk Shoe (1) ... Am Brk Shoe pf (7) Am Can (t4) 10 Am Car & Foundry.. 25!3 Am Car & Fdry pf. 8 Am Chain_ 66 Am Chicle (13) 2% Am Colortype_ 22'; Am Comcl Alcohonl 6!: Am Crystal Sugar .. Am Crys S 1st pf 6. % Am Encaustic (d) .. 2 Am & Foreign Pwr_ 12 Am & For Pw $6 pf. 14 Am & For Pw $7 pf. 375 Am & For Pw 2d pf. 3 Am Hide & L(new) . 29's Am Home Pr (2.40). 1%Amlce . ... 14'% Am Ice pt (2)_. 413 Am International.. 9 Am Locomotive. 82 Am Locomotive pf 1815 Am Mch & Fy (180c) 4'c Am Mch & Metals__ 1313 Am Metal 1!; Am Power 8% Am P&L $5 pfal_ 10's Am P&L $6 pfally. 10'5 Am Radiator 15% Am Roll Mills a30c. 4'3 Am Seating vtc 31% Am Sm& Refinin® 103 Am Sm&Ref pf ( 12 Am Steel Foundry_. 3313 Am Stores (12) 50% Am Sugar( 2).. +126'2 Am Sug of (1) 18'; Am Sumat Tob (".) v. 987y Am Tel & Tel (9)_.. 72'; Am Tobacco (5). ... 74% Am Tobacco B (5) .. " 129'« Am Tobacco pf (6) . 212 Am Type Fdrs «d)__ 7'« Am Water Works_ 4" Am Woolen 351 Am Woolen pf__. 214 Am Writ Pap of (d) 3 AmZinc & Lead. 8 Anaconda Copper.. 1614 Anaconda Wire._ 107 Anchor Cap (60¢c) - qu Anchor Cap pf(6%) « Andes Copper._. 1 s AP W Paper _ 36 Archer-Dan-M(t1)_ 97 Armour Del pf (7). 314 Armour of [1linois . 55'3 Arm'r(I1D)pr pf (6)_ 16': Armstr'g Cork (t1). 4 Arnold Constable__ 7's Asso Dry Goods 3814 1281, © S o e® 20 nBRurntSaT oommnn B s suSai - (=T O S ] ard W. Kacy, Acacia general coun- sel, was elected vice president of the company. Mr. Kacy will continue his duties as general counsel in addition to assuming those of the office of vice president. i A native Washingtonian, Mr. Stry- Ker's association with banking in the| District dates back tg 1905. In 1922 he joined the Columbia National Bank as vice president and cashier, and in | 1924 he was elected president of that | {nstitution. He is a member of lhe1 ‘Washington Board of Trade, Executive | Comimttee of the Clearing Hopuse| Association, member of the Board of | Trustees and Finance Committee of Sibley Memorial Hospital, member of | the board of the Young Women's | Christian Association, chairman of | the Auditing Committee of the Na-| tional Geographic Soicety, a member | of the Masonic fraternity and the| Columbia Country Club. | 1 Mr. Kacy, a gradaute of Indiana | University, came to Acacia from Huntington. Ind., in 1923 as assistant counsel, later being named general | counsel and then a director of the| company. New Insurance Era Forecast. J. E. McCombs, president of the District Underwriters Association, told 200 members of the organization at the first Fall luncheon at the Willard yesterday that insurance men do not fear the new social insurance. They consider it a challenge, he said, to the insurance world, a challenge to | write more insurance to cover the individual needs of all classes of people. Roger B. Hull, general counsel of the national organization, took much the same view. He praised the idea of Government help for those who are in need. At the same time, he said, every loyal American prefers to stand on his own feet. A new day has grown out of the depression. Thrift, combined with an orderly, conservative spending program, is still the measure of good citizenship. The trouble with too many people today is that they spend first and save what's left, instead of saving first, to spend later. With few exceptions, every person earning a fair wage can, if he will, provide for retirement with an an- nuity sufficient for his needs when his usefulness to his employer comes to an end. The average man can, through life insurance, do everything that he wants to do, for himself and his family, Mr. Hull said. The guest speaker was introduced by David S. Bethune. Winthrop G. Batchelder, chairman of the Mem- bership Committee, outlined a vigor- ous campaign which will be carried on for new members during the com- ing Winter. Eleven have just joined. Barber & Ross Plan Urged. The Bondholders’ Protective Com- mittee for Barber & Ross 10-year 6% per cent bonds filed a petition in the District Supreme Court today to inter- vene in favor of the plan of reorgan- ization as presented to the court on October 15 by the Barber & Ross trustees. The Bondholders’ Commit- tee is strongly in favor of this plan and is anxious for its approval by the court. The committee is made up of Henry P. Blair, chairman; Christopher B. Garnett, Eugene E. Thompson and Roger W. Whiteford. Banker Granted Court Honor. John F. Hillyard, vice chairman of the safe deposit section of the District Bankers' Association, who has been connected with the National Bank of Washington for over 15 years, has Just been admitted to practice before the Supreme Court of the United States. Mr. Hillyard is a graduate of Columbus University and has also completed the regular courses of the American Institute of Banking and special courses on credits and trust functions. He was twice winner of the essay contest conducted by the District of Columbia Bankers' Asso- ciation and attended conventions at ‘White Sulphur Springs and Montauk Point. Mergenthaler Linotype at 39. Mergenthaler Linotype sold at 39 on the Washington Stock Exchange today, & jump from 25 during this year, It closed with 38 bid and 39, asked. The sale followed one in Boston yesterday at 39%;. The rise from around 27 has taken place in the past two weeks, 7. 35% Atch To&S Ie (a2)_ 6655 Atch To&S F pf(5). 19'; Atlantic Coast Line 2 Atl Gulf&W Ind 20'; Atlantic Ref (1) 32% Atlas Powder (2) 4 Atlas Tack _ 15 Auburn Auto 5'3 Austin Nichols 35'; Austin N pf A (2)__ 23, Aviation Corn(Del) 10s % 26 1’2 Baldwin Loco (d). 7' Baldwin Loco pf (d) 713 Baltimore & Ohfo.. 94 Baltimore & Oh pf._. 3t Barker Brothers . 574 Barnsdall Corp 160 Hl 37'; Bayuk Cigar (t1)__ 14 Beatrice Cre (a50c). 72 Beech-Nut P (t3)._. 11% Belding-Hem (¥) 79 Belg N Ry ptpf 4% 117 Bendix Aviation 15% Beneficial Lo (1%). 34 Best&Co(2). 21% Bethlehem Steel 553 Beth Steel pf(ll%) « Blaw-Knox * 107 « Bloomingdale pt(7) 61 Boeing Alrplane 15 597, 395, Bohn Alum &Br (3) 3 47% 38% Bon Ami (B) (13)_. 2108 26% 21 Borden Co (1.60) 651 281 Borg-Warner (2)__. 15% 81, Bridzep’t Brass 40c 55l 24'; Briggs Mfg (12)___. 23'< Briggs & Strat (3)_. Bristol-Myers (t2). 36'; Bklyn-Man Tr (3) .. 90 Bklyn-Man T pf(6). 1% Bklvn & Queens 14 Bklyn & Qof (2) 43 Bklvn UnGas (3) .. 53 Brown Shoe (3) « 1214 Brown Shoe pf.(7) 3% Brunswick-Ralke. & Bucyrus-Erle ~ Bucyrus-E cv pf_ ’{" Budd(E G)Mfg _ 23 Budd(E G)Mfg Df.. 21; Budd Wheel _ 8% Bullard Co. B — 3% Bulova Watch 13% Burr Ad Mch(160c). 1'5 Butte Copper&Zine. *, Butterick Co (d) .. 11% Byers (A M) —_— 42': 30'; California Pkg(1%) s ¢ Callahan Zinc 6% 2'; Calumet & Hecla 28% T, Campbell-Wy (1) 16% 8 Can Dry Gin Ale___ 13% 83y Canadian Pacific 95 85 Car Clin&O sta (5)- 997, 45% Case (J 1) Co 2 8313 Case (J 1) pf )i 3613 Caterpillar Tr (1) 1913 Celanese Corp - 17 Celotex Co (d) 11'% Celotex Co pf (: 22Y Cent Aguire (1%).. 6% Century Rib Mills__ 38% Cerro de Pasco (4). 3% Certain-teed Prod.. 66 23 Certainteed Pr pf.. 760s 3715 Ches & Onio (2.80) 12 36 Chesapeake Corp(3) 1 Chi& East Il1 (d) . 5 Chi & Grt West (d). 1% Chi & Grt W pf (d)_ 15% Chi Mafl Order (t1). % Chi Mil StP&P (d). % Chi M StP&P of (d) 1% Chi & N W (d) 4% Cht Pneumatic Tool 20 Chi Pneu Tool pf. % Chi R 1&Pac (d) ... 1% Chi R 1&P 6% of(d) 1% Chi R [&P 7% pf(d) 25 ChickashaCO (2)_. 315 Childs Co 9 Chile Cop (a25¢) 31 Chrysler Corp «11). 387 12 City lce & Fuel (2). 5 69% City Ice&F pf(6%). 250! 34 City Stores _ 12 12% Clark Equip ( 20 27% Clev Graph Br ('1) 266 1617% Coca-Cola (8) . 57% 53% Coca-Cola A (3) 19% 15% Colgate-. P-P(hoc)- 106% 101 Colgate-P-P pf (6)- 9 Collins & Alkman . 45 14 38 3 19 23 59 5 40% 6 46% 100 14 - - LRSI PR 10s Adfl 00, Hign. 1 e By 345 16% 17% T 4 164% 1% 14% 1% 5l 137 9 l IOG lOl lll‘- THE EVENING STAR, WASHINGTON, TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE e wife direct to The Star. 00 o Net. Low. Close. Chge. T T —-% 84 345 16% 16% T 163 T | 14% 1% 5 28% L4+ VI¥] *+++444) +l++1+++ -1t + % 3 +1 + 4% - = + % +1% 1% - % 2% 11 4+ 4% 43% + % 1% 2% + Y% 25 + % 27% — % 5% — 1% 23 -1 87% +2 15 + % 8% + % 4% + % 21 +m 44% 10 21I 27;)%276 +10 38% 39% +1% % 107% 69% Collins & Afk of (1) 1108 107% 107 107 6% Colonial Beacon Oil. 30s % Colo Fuel & ir (@) .. 2 5 ColoF&Ipfd _. 30s 3% Col G & El (a20e)... 246 35% ColG & Epf A (6). 6 34% Colum Pie vte (t1). 2 98 67 Colum Carbon (4).. 58 3915 Comcl Credit (235). 119‘4 110% Comel Cred pf(5%) 56% Comcl Inv Tr(12.80) 105 97% Comel In T pf(4%). 23% 16% Comel Solv (160c) . "% Comw & Southern_.. 29% Comw & Sou pf (3).- 5% Conde Nast Pub_. 27 Congoleum-N(1. €0y 23% Conn Ry&Lt (4%) " 41 Conn R&L pf (4%). 7 ConsolCigar._. _.. 71 ConC pr pf ww 6% 34 Consol Film 14% Cons Film pf ($1%) 15% Consol Gas N Y (1). 72% Consol Gas pf (5) . 1% Consol Laundries.. - 6% Consol Oil (a26¢)... 176 % Consol Textlle.. 20 8% Contatner Corp (A). 11 2% Container Corp (B). 9 ) 8% 5% 281 145% 90 81 60! 1 08 7 12 106 5 85 15 101 56 18% % 15% 6% 8% 8%+ % 214 2% 18% — % 14% + % 90 + % 64 -1 9% —1% 100‘/: 101 + % lgl/' ISM + % 64 9% 403 26% 48 8% 73 Gl% +1% 48% + % 5% 5% 18% 19 + % 29 29% + % 99% 100% 3% 3%-— % 8% 8% - % % %+ 15% 15% + + % % 6% 6+ W ) Prev. 1935 High. 9% 1% 25y 519 1137 103 136% 131 8 Stock and Low. Dividend Rate. 415 Contl Baking (A) % Contl Baking (B) 46% Contl 28% Contl [ngur (11.20). % Contl Motors 15% Contl O Del a$2%c.. 60 Corn Prod Ref (3).. 4’4 Coty Inc - 35% Cream of Wh (12)_ 11% Crosley Rad (a26c). 2313 Crown C&S (1) ___. 313 Crown Zelleb’k vte. 14 Crucible Steel 47'; Crucible Stl pf $50c. 5'5 Cuban-Am Sugar . 4dd 00. 2 16 40'; Cuban-Am Sug pf.. m. 39% Cudaby Pkg (2%).. 5 Curtis Publishing__ 891 Curtis Pub pf (1) 2 Curtiss Wright 6% Curtiss Wright (A) 61 Cushmanspf (8)__. 16 Cutler Hammer 6 Davega Store: 22% Deere & Co . 19 Deere&Co pf (X'lfie). 2313 Delaware & Hudson 11 Del Lack & West. 11 Den& RG W pf_ 65 Detroit Edison (4) . 26'; Dlamond Mtch t1%5. 34's Dome Mines (12) 6% Dominion Stores.___ 17'; Douglas Alr (a76e). 13'; Dresser Mfg A b1l 2 Dunhil Internatl __ Duplan Silk pf (8)_. £6% Du Pont (13.60)_ 126"» Du Pont deb (6 3% Eastern Roll M1l 164'5 110'; Eastman Kod (16). 305, T4 38% 113'3 107 Elec Auto L pf (7).. 10% 263 128 107" 16% Eaton Mfg (t1)._ 314 Eitington-Schild 19% Elec Auto L (a306)- - 37 Electric Boat 12 Elec & Mus Ind_... 15 ElecPw& Lt ____ 215 Elec Pw & Lt $6 pf_ 3 FElec Pw & Lt $7 pf. 39 Elec Stor Bat (24%). 1. Elk Horn Coal (d) .. 52% Endicott-John (3)_. 1s Engineers Pub Sve. 14 Eng PubSve$5pf_. 14'; Eng P S $5.50 of ww 15'; Eng Pub Sve $6 pf_. 4's Equit Ofice Bldg. T'» Erfe R R 813 Erie R R 1st pf. 6% Erie R R 2d pf 10% Eureka Vac Cl!l\c). 15 Evans Produets(1). 2 Exchange Buftet 17 Fairbanks Morse _. 7115 Fairb’ks M pf 1315 . 5% Fed Lt & Tr 3% Fed Motor T(al0c). 2 Fed Screw Works _ 7% Fed Water Sve (A). 16's Fed’d D Strs (160c). 13's Firestone (40c) __ 5 First Nat Strs (2%) 214 Follanshee Bros(d). 204 Food Machine (1).. 974 Foster- Wheeler 19% Four Nat Iww 21.10 304 Frank Sim pf $3% 17' Freeport-Texas (1). 15 Fuller Copr pf _. 4% Fuller Co 2d pf 101 s Gabriel Co (A) 7 Gamewell Co 5y Gen Am Investo £4% Gen Am | pf ww(6). 2y Gen Am Trans(1%) 11% Gen Asphalt - 7% Gen Baking (60c) . 5% Gen Bronze . 2 GenCable 4 GenCable (A). 50 Gen Cigar (14) _ 20%; Gen Eleetric (30c) - 30 Gen Foods (1.80)__ ' Gen Gas & El (A) 8 Gen G&E 6%cv pfA 5974 Gen Mills (3) & 26% Gen Motors (12) 2 Gen Motors pf (5).. 10 * Gen Outdoors Adv A 17% Gen Print Ink(1.60) 210 93'; Gen Print Ink pf(6) 10, 14 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) 70'3 Gillett Saf R pf (5). 2'» Gimbel Bros. _ 18 Gimbel Bros pf. 23% Glidden Co (1) _ 474 Glidden Co pr pf (1) 1's Gobel (Adolf) (d) .. 14 Gold Dust (1.20) .. 7tz Goodrich (BF) ___ 40 Goodrich (B F) pf.. 15% Goodvear T&R 70 Goodyear $7 pf (4). 213 Gotham Silk Hos 20 Gotham Silk Hpf__ 1% Graham-¥aize 5% Granby Consol..... 2% Grand Union 14% Grand Un pf (1%)_. 18'« Granite City Stl (1) 23% Granite City 8 rets_. 26 Grant (W T) (11) 9% Grt Northernpf___. 91, Grt North Ore (50¢) 26% Grt West Sug (2.40) 4 3: 101 140 119 Grt West Sug pt(1). 73 2% 27 81 20%; Greyhound Corp.... 1 Guantanamo Sugar. 6 Gulf Mobile & N pf_ 48 Gulf States Stl 1s! ———— -7 30 Hack WpfA (1%)- 4 Hall W F Printing.. 613 Hamilton Watch 63 Hamtlton Watch pf. 16 Harbison Walk (1). 13 Hat Corp of Amer. 1% Hayes Body _ 85 Hazel AtlasG] (5)_ 11 Hercules Motor (1). Hercules Pw (13)__ 5% Holland Furnace __ 6% Holland & Son (50¢) 307 Houd-Hersh (2% ) A 613 H'daille-Hers B(1). 113 Houston Ol (new)_ 43 Howe Sound (13) . 2% Hudson & Manhat .. 6% Hudson Motor Car_ % Hupp Motors —_— 17% 241y 5Tt 36% 110 95% 8% 23% 8% 42% 913 illinois Central . 15 Illinois Central pf 40 [11 Cent Ise lines(4). 231; Indus Rayon (1.68). 6013 Ingersoll-Rand (2). 46% (nland Steel (12) __. 213 Inspiration Copper. 8% Interboro R T (d) 1% Intercontl Rubbe: 4% Interlake Iron___... 26 Int Agricul prpf... 187 149% Int Bus Mach (16)_. 4% 33 605 162 135 4% 612 31% 3% 1% 13! 36 3% Int Car’rs Ltd (20¢) 22% Int Cement (1) 341 int Harvester 60e. Int Harvester pf(7). 1% Int Hydro Elec (A). 1% Int Merch Marine._ 22% Int Nick Can) (30s.. 1% Int Paper & Pw (A). 3 Int Paper & Pw (B). 3 Int Paper & Pw (C). 4% Int Paper & Pw pf .. 21% Int Print Ink(1.40). 25% Int Salt (134)ccccee 42% Int Shoe (2). 16 Int 8il 60% Int Silvi 5% Int Tel & 'hl 8% [nterstate Dept St... 614 Intertype (a20c) .. 24% Island Creek C (2).. - snuSaan-Raan - & S & ~ S = _— 67 86% 84% 49 Jewel Tea (3) 38% Johns-Manv (a50c). 50 Jones&Laugh7%Dpf. 260 8% 13% 19% 28 27% 26 18% 69% 324 3% Kans City Southn.__ 6% Kans City South pf. 714 Kaufm'n D 8 (80c) . 15% KayserJ&Co(al.15). 6 Kelsey-Ha. (A)o. 3% Kelsey-Hayes (B).. 10% Kelvinator (160c).- 13% Kennecott C (60c)__ 10 Kim Clark (a25e)-.. 23 Kinney (G R) Co pf. 19% Kresge (S8) (1).. 'lz*-ru. 113 103 Kresge (8 S)pf(7)... 56% Kress (S H) (11) 224 Kroger G&B (1. _— 21% Lambert Co (3).... 8% Lee Rubber (50¢) . 10% Leh Port Cement...... 1% Lehigh Valley Coal. 5% Lehigh Val Coal pf. Lehigh Valley R R-. (4 90 22 384 20 ] s 128 18% 7 " 3 3 3278 g g 10's 1213 531 118 14 41 . 3 1 s s - 531 +1% 117& 18 + 4% 14 14 39 33% + U 6% +1% 124 + % 10113 +1% 25! 29% + % 58% + W llg’,fi -2% & FREFF FEF 2T% + % 23 + % 10% + % 13% + % 2% - % 1% — % 9.+ % Prev. 1935 D. C, FRIDAY, OCTOBER 25, 2:00 p.m. Stock and Low. Dividend Rate. 67% Lehman C (12.40) 10% Lehn & Fink (1%)_ 64 Libby McNelll & L. 21% Lib-O-Ford G1(1.20) 21 Life Saver (1.60) .. 93% Ligg & Myers (14)B 15% Lily Tulip Cup(1%) 13% Lima Locomotive... 17% Lirk Belt (80¢).- ... 2415 Liquid Carb (t1)_.. 31% Loew’s Inc (2) . 108‘¢ 102 Lodw's Inc pf (6%4) 1% 213 41% 264 1 Loft Inc 1% Long Bell Lum (A). 33 Loose-Wiles (2)___. 1815 Lorillard P (11.20). 144% 124 Lorillard P pf (7). 1% 14'5 22% 4Ty 263 135 24%, 1164 127 5% 61 3 167% 6k 1413 4 21% 941, 378 1t 5215 147 16% 151 Ty 2115 201, 45 % La Ofl Ref (d) . 4'3 La Oll Ref pf (d) 10% Louisv G&EpfA 1 3¢ Louis&Nasb(a2% ). 12% Ludlum Stael _ 90% Ludlum Stl of ( % McAndrews&F (12). 28 MecCall Corp (2)___. 7% McCrory Stores (d). 613 McCrory Strs B (d). 347 Mcintyre Porcu (2) 90'; McKeesport TP (4) 574 McKesson & Rob___ 32 McKesson & Rob pf. 814 McLellan Stores. 18% Mack Truck (1) 3015 Macy (R H)& Co(2) 5'3 Mad'n Sq Garalbe._. 18% Magma Copper (2). 13% Man El md gtd (d) .. 1 Maracaibo Oil Exp.. 5% Marine Midld (40c). 20 Marlin-Rockwell(2) 6% Marshall Field & Co ) 357 May Dept Str (1.60) ‘»‘, Maytag Co Maytag pf ww 11 Melville Shoe (3) Mengel Co Mengel Co pf_ 22 Merch&M Tr (1.60). 24' Mesta Machine (3)_ 213 Miami Copper 91, Mid Cont Pet(a40c). 81 Midland Steel Prod. 601 Midl'd Stl 1st pf(8). 58 Minn Hon R (13) 3% Minn Moline Pw_ 31 Minn Moline Pw pf_ 1% M St P&S S M1sin_ 10% Mission Corp__ 215 Mo Kans & Texas 57 Mo Kans & Tex of. 1'3 Mo Pacific pf (d) ... 10% Mohawk Carp (1)__. 55 Monsanto Chem(t1) 21% Montgomery Ward. % Mother Lod, 17'x Motor Prod: Tix Motor Wheel !GDCJ- 9% Mullins Mfg (A) ... 9'3 Mullins Mfg (B)__— 62 Mullins Mfg pf 13'¢ Munsingwear Inc__. 4% Murray Corp 30 Myers (FE) & B (2) Bales— Add 00. 9313 12 B 44% 24% 114% 17% 22% 41% —_— 193 10% 10% 331, 1974 181 4% 189 144 9213 193 108 4% 24 53% 217w 51' 14's 21% 118 1T 1157 138 11% Ta 1% 194, 12 101% 14% 11 Nash Motors (1) 4'3 Nat Acme Co... 6% Nat Aviation.. 22'¢ Nat Biscuit (1.60 135 t Cash Reg(ble). 12 t Dairy P (1.20) - 1's Nat Dept Stores (d) 17 Nat Dept St pf(d)._. 2314 Nat Distillers (2 21 Nat En & Stpg 145 Nat Lead (5) e 47» Nat Pwr&Lt (60c).. 13 Nat Ry Mex Ist pf__ '« Nat Ry Mex 2d pf.__ 40% Nat Steel (11) 9 Nat Supply Co. 36 Nat Supply Co g 814 Nat Tea (60c) _. 7'3 Natomas Co (80c) . 21'4 Neisner Bros (11).. 433 Newberry J J(1.60). 3% New Orl T&M (d) 4% Newport industries 18'3 N Y Alrbrake.__ 12 NYCentral RR___. 6 N Y Chicago & St'L. 9% NYChi&StLpt 2 NY Dock..... D= Investors (d)_. N H & Hartford N H & Hartf ot Ontario & West Shipbuilding _. N Y Shipbuild'g pf. N Y Steam pt (6) .. 158 Norfolk & W (18)__ 99 Norf & West pf (4). 2 North Am Aviation. 9 North Amer Co (1) 35!3 North Am Co pf (3) 131 Northern Pacific___ 357s Northwest Tel (3)_. Norwalk Tire&Rub. Norw’'k T&R pf' 7222272 b § Y ¥ X x b 3 N Y 69 4 Ohio Oil (a30¢) 16t Oliver Farm Equip_ 3'3 Omnibus Corp vte_. 75 Omnibus C pf(8)A . 4% Oppenheim Collins 113 Otis Elevator (60c) 106 Otis Elev pf (6) 4% Otis Steel 80 Owens-1ll 14 Pac Am Fish 1 Pacific Coast_ - 13% PacificG & E (1%). 19 Pacific Ltg (2.40)_. 70 Pacific Tel & Tel (6) 111'% Pacific T & T pf (6). 6% Pac Wn Oil (b40c)... 3!a Packard Motors . 1, Panhandle Pro & R 6's Panhandle P&R pf.. 8 Paramount Pic 84 Param't Pic1st pf_. 9% Param't Pic 2d pf.... 11 Park & Tilford.. 2% Park Utah . . Parmelee Trans 4% Pathe Film Corp_.. 8la Patino Mines_ % Peerless Motor___.. 6413 Penick & Ford (3)-. 57% Penney J C (2)_ 24 Penn Coal & Cok 3 Penn Dixie Cement.. 18 Penn DixieCpfA__ 17% Penn R R (as0e) -~ 30 Peoples DS (11).. 17% Peoples Gas Chi 16'3 Pere Marq pr pf 7% Pet C'p of Am al 11 Pfeiffer Brew (11)_ 12% Phelps Dodge(az26c) 23 Phila Co 6% pf (3)— 1% Phila & Read C&I._. 513 Phillips-Jones C... 35% Philip Morris (1) 13% Phillips Petrol (1) 3 Phoenix Hoslery... 23, Plerce Ofl pt. 5 Pierce Petroleum.__. 31 Pilisbury F1 (1.60)— 51 Pitts Screw & Bolt.. 22 Pitts Steel pf—————. 1Y% Pitts United Corp... 24% Pitts United C pf_.. 6% PItts& W Vaooeoo. 614 Plymouth Ofl -meeee 614 Poor & Co (B). 4% Postal Tel&C pf (d) % Pressed Stl Car (d). 42% Proc & Gamb(f132). 120% 115 Proc & Gam pf (5)-. 814 62'/! 5 10 26% 43% 6415 2% 15% 20% Pub Sve N J (2.40).. 62% Pub Sve N J pf (5)-. 73 PubSve NJ pf (6).. 85% Pub Sve NJ pf (T).. 29% Puu:;un. Inc (1%)- 5% Pure Oll e 34% Pure 011 6% Pfeccen 49% Pure Oil 8% pf. 8% Purity Bakerl 1. 4 Radio Corporation.. 50 RadioC'PpfA (3%) 35% Radio Corppf B__. 1% Radio-Keith-Or (d) 8 Reis (Robt.) 1st pf_ 7 Remington-Rand . 21% Rem-Rand 5%pr pf. 69 Rem-Rand 6% pf__. 2% Reo Motor Car..... 9 Republic Steel .. 28% Republic Steel pf_.. ‘78% Republic Stl pf A__. 75 ReversC&Bpf__.. 17% Reynolds Metals (1 32% Bafeway Stowes (3). \ 6 227 28 4 170s 116 64 35 10 3 8 508 10s 15' 2 13, 2814 277y 47% 47 11415 1141 135% 10% 7 % 4 2 13 115 2 20s 1 100s 1508 6 3 % 9 84 12 l'/A l‘a § 524 Bl 80s 119% 119% 20 43% 43 3 99 99 1 112% 112% 2125 125 42 33% 32% 200 11% 107% 4 95 86 29{)! 107% 105 3 % 100 24% 63 16 28% 43% . Low. Close.Chge. Net. High. 931 + W 1215 8% — 46% +1% 25 115 17% 23% 41 33% 48% 107% 23% 14 12% 6517% +1% 4 28% 150 24% 2113 20% 8 4¢|i4+l| Taae Fr s e Tt 5 BT 5 1% A0+ 26'3 3 12% | 23 20, 3% sl ] 974 6 233, 1410 E® 21, 281 4T% 114 135% 10% 144 2% 313 2% 9% -32% 4% 2% L+ l++1++ 14444 514 119% + % lg‘r- + % 9 112% + % 125 =% 32% — % 11 +% 95 +10 106 +5 16% — % 120 8% + % 55% % 5% — % 8% + % 24% — % 35% 61 +1 2% + % 17 +1% 15 + % 23 - % 76% — % 4+ % 1T4% + % 80 + % 85 +1% 101 +1% 25% + % 63 +1 874 Prev. 1935 1935. FINANCIAL, 2:00 p.m. Stock and Low. Dividend Rate. % St Joseph Ld (40c). R\. St L Southw'n 6 Savage Arms 22 Schenley Distiller: 1% Schulte Retail Strs. 8 Schulte Re Strs pf_ 55 Scott Paper (1.80) % Seaboard Air L (d). % Seatoard \ L pf(d) 20% Seab'd O Dei (160¢) 31% Sears Roeb’k(a75¢c) 1% Second Nat'] Invest. 40 Sec Nat Inv pf 123 7% Servel Inc (50e)___ 9 Sharon Steel Hoop... 3% Sharp & Dohme ___ 7% Shattuck(F G) (25¢) 5% Shell Union Ofl___. 6314 Shell Union Ofl pf__ 8% Silver King C(40c). 6 Simmons Co__ 5 Simms Pet (a50c)- 614 Skelly Ofl____ 60 Skelly Oil pf ww_ 24 Sloss-Sheff St pf_ 15% Snider Packing - 10% Secony-Vac (30c) 10713 Sol Am Inv pf(53%). 20~ Sou Porto R Sug(2) 132 Sou Porto R S pf(8) 10% South Cal Ed (1%). 12% Southern Pacific__. 5'3 Southern Rallway. 7 Southern Rwy pf._. 5 Spalding (A G)_ 42 Spalding(AG)1st pf 59'3 Spang Chalf pf 3334 3'a Sparks-Withington. 3% Spear& Co_______.. 65 Spear & Co 1st pf_ 32 Spencer Kell (1.60 T% Sperry vtc (a2c) 81, Spicer Mfg.___ 2 33% Spicer Mfg pf (3) 437 Spiegel-May-S (3) _. 124 Stand Brands (80e). 2!, Stand Com Tobacco. 1'4 Stand Gas&El (d) .. 1% Stand G&ES$4pf(d). 4% Stand G&E$6pf(d). 6 Stand GRE$7pf(d). " Stand Inv Corp Stand Oil of Ind (1) 20 Stand Oil of Kan___ 35% Stand OIINJ (11)_. 1215 Starrett (L 8) (1)_ 58% Sterling Prod (3.80) 1'a Sterling Secur (A)-. 3'a Sterling Secur pf___ 36 Sterling Secur cv nf 6% Stewart-Warn 150c.. 2); Stone & Webster. 24 Studebaker Corp... 60%3 Sun Ol (11)__ 115'5 Sun Oil pf (6) 11 Superheater (50c)_. 1% Superior Ofl._ 5 Superior Steel 177 Sutherl'd Pap t60e- 14% Swift & Co (t1).__ 1% Symington (A)(d)- 6% Telautograph (60¢). 4 Tennessee Corp. 163 Texas Corp (1) 28% Texas Gulf Sul (2). 14 Texas&PacRR._ 314 Tex Pac Coal & Oil_ 813 Tex Pac Land Trust 13% Thatcher (1).. 5's The Fair__ 2!3 Thermoid Co. 2 Third Avenue 16 Third Nat In ( 5 Thomp'n(JR) (50¢). 13% Thompson Products 1% Thompson Starrett. 17 Thompson Star pf_. T3 Tide-Wat Asso Oil_. 84 Tide Wat A O pf(6). 4% Cmken-Detroit___. 28% Timken R B (1)___ Th Trans & Westn Air. 4°» Transamerica(30c). 5 Transue&William: 174 Tri-Contl Corp 3% Truax-Tra Coal 313 Truscon Steel - 13 20th Century Fox 24% 20th Century Fox pf 21 TwinCity RT._ 18 TwinCity R T ot. 14 Ulen & Co. 53% Und-Ell-Fisi Bales— Add 00. High. Low. Close. Chge. 113% llN'n Safeway Strs pf (8) BUI 110 2008 11 308 —_——————— 29 Union Bag&Pap (2)x 44 UnCarb& C(1.60). 14% Un Ofl of Cal (1)... 8215 Un Pacific (6) .. 79'; Un Pacifig pf (4)._. 20% Un Tank Car (1.20). 9% United Alrcraft. 412 United Alr Line vto. 20% United Bisc (1.60) . 14% Unit-Carr Fast (1)_ 46 United Carbon 2.4 11 United Corp ___ 20% United Corp pf (3).. 8% United Drug___ 4'; United Dyewood - 65 United Dyew pt (7) 314 United Elec Coal... 6013 United Fruit (3)_ 9% United Gas Imp (1) 8712 United Gas 1 pf (5) » United Paperb'd (d) 5 U S Distributing pf. 4'3 US & For'n Secur. . 654 US&FS1stpt (6). 11 US Frelght (1) 3% U S Leather vte___. 7'2 U S Leather A vte_. 53 U S Leath pr pf vte. 14% US Pipe & F (50¢c) 3 USRealty & Imp... 9% US Rubber._______ 24'3 U S Rubber 1st pf__ 92 USSm&Ret (ll).. 2713 U S Steel 73% U S Steel pt (2) 119 U £ Tobacco (15) 3'3 United Stores (A)_. 46 United Stores pf___. 51 Univ Leaf Tob (12) 29 Univ Pic 1st pfd 7s Univ Pipe & Rad(d) 9% Univ Pipe&R pf(d)- 1 UtlPw&Lt(A) . 12 Vadsco Sales Corp.-. 19% Vadsco Sales pf_. 11% Vanadtum Corp Van Ral 1st pf (7). 34 Vick Chem (12) 213 Va-Car Chemical. 17t Va-Car Chem 6% pf 72% Va El & Pw pf (6)_. 6313 Vulcan Detin (a4).. 1 Wabash (4) 1% Wabash pf A (d)-. 1 Wabash pf (d) B 415 Waldorf Sys (50e) .. 26% Walgreen Co(1.60).. 1% Walworth Co (4) - 1% Ward Baking (B).. 2813 Ward Baking pf (2) 2% Warner Bros Pie.__ 1413 Warner Bros Pic pf % Warner-Quin (d)-.. 213 Warren Bros. 1 Welis Fargo. 301 Wesson O&S (150¢c). 72 Wesson O&S pf (4). 36 West Pa Eleo pf (6) 397% West Pa Elec pf (7) 95 West Pa Pwr pf (6) 104 West Pa Pwr pf (7) 512 Western Maryland.. Tt% Western Md 2d pf_.. 14 Western Pacific.._. 2% Western Pacific pf_. 20% W 90 Westhse 1st pf 3%. 10 Weston Elec Insv__. 29 Weston Elec (2) A_. 16% Westvaco Chi 40c) 14% Wheeling Steel ____. 463 Wheel Stl pf(31%5). 6% White Motor. 12% White Rk M 1% White Sewing Mch. 6 White Sew Mch pf.. 1 Wilcox Oil & Gas 3% Wilson & Co (50¢)-. 58 Wilson & Co pf (6).- 51 Woolworth (2.40) 11% Worthington Pump 25% Worth Pumppf A_. 20 Worth Pump pf B 35% Wright Aero._. 17% Yale & Towne (60¢) Tru 13 YoungstownS& T.. 38% Youngst'wn S&T pf. 110:( 8 'l 20s 24 4 108 1508 J e e — 9% 6% 1% Zenith Radio_ ... 2% Zonite Productsaeen 21% 813 1% 49% B0 181 68%¢ L) 1% 6074 R 66 11% 21% 4% 9 11t 110 20% 813 11 48% 3% 17 68 % 1 304 59% 3 65 1% 20" 116 21% 814 11 49% as, 18 68% 15% +2% | 17 2 65% +1% 2 6 45 Net. +% & iy % 1| 1% +3% + % +1 +47% DEMAND BOOSTS SELECTED STOCKS Leaders in Qils, Utilities and Motors Up One to More Than Two. STOCK AVERAGES Indist. Net change. —+.4 Today, noon 72.2 Prev. day... T1.8 Month ago. 67.5 Year 493 1935 721 1935 49.5 1934 614 1934 453 242 349 1932 175 .7 239 169 1929 high..146.9 153.9 184.3 157.7 1927 low. 51.6 953 618 618 (Compiled by the Associated Press.) 15 80 Uil Br'ks. 40.5 403 36.9 21.2 40.3 21.6 40.6 524 52.1 49.4 318 523 3438 514 BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, October 25.—A strong, but selective, demand kept the stock market on a firm foundation during the late trading today. Old line leaders in motors, oils and utilities got up 1 to more than 2 points, | with a few specialties making wider swings. Oil stocks, a feature of the market yesterday, were quiet but steady. At the beginning of the final hour advances of 1 to 2!, points had been made by Bethlehem Steel, U. §. Stecl, General Motors, Chrysler, Sears-Roe- buck, Montgomery Ward, Collins & Aikman, Johns-Manville, J. I. Case, American Telephone, Union Pacific and Westinghouse. Coca Ccla got up 12 points to a new high since 1930 at 178, but fell back to 176. Sales approximated 2,200,000 shares. Advertising Total Continues to Rise During September Special Dispatch to The Star. CHICAGO, October 25.—Paralleling increases in business activity in other lines, newspaper advertising in Sep- tember continued to expand. accord- | ing to an analysis by Advertising Age Lineage figures for 82 representative cities showed an increase cver Sep- <, | tember, 1934, amounting to 5,321,00C | in foreign currencies incr lines, a gain of 3.9 per cent. The total figure for September 1935, was 142.446.000 lines. compared with 137,125,000 lines in the corre- sponding month of last year. The in crease was at a greater rate than ese tablished by comparisons in recent months. New York Cotton By the Associated Press. NEW YORK, October 25.—Cotton moved within a narrow price range during today's trading, with early de- clines on more favorable weather re- ports from the South and Southern hedging, followed by rallies on cone tinued trade demand. The midafternoon market was quiet and steady at 10.96 for December, o1 within a point or two either way of yesterday’s closing quotations. Fu!uru closed steady, 5 lower to ¢ higher. December Liverpool Quotations, LIVERPOOL. October 25 P —Cotton. 1 including 11,400 American prices 34 nce: Amerie 800d mide ‘middling low mid- %004 ordimary. An:; 557 Putures closed quiel ady_ October. 6.2 December, 8.11; 6.09, March,” 6.08; May .07} done Qctober 25 (h.——The Relchs. ent as of October 23 shi changes in reichsmark: Goi ullion decreased 1.0:i7.000; reserve 191.000; bills of exchange and cheques decrease 168.093.000: silver and other coins inet creased 61.707.000: notes on other banks increased =.809.000: advances decreased 4.955.000: Tnvestments decreased 691000 other assets increased 1.835.000: notes in circulation decreased 141.564.000: maturing obligations increased other _liabilities 890,000 gold holdings, &7 Note coverage, 2.45 per cent. Rate of discount. 4 per cent, —_— Wright-Hargreaves Mines, Ltd.— Production of company in year ended ! August 31 totaled 211,674 fine ounces of gold and 31,716 ounces of silver, Federal Unemployment TAX Forms providing for informa- tion required by this law. ‘These records must be kept by concerns with eight or more employes starting January 1, 1936. Our representatives are fa- miliar with the application of this tax to your business. Stock forms have been pro- vided for nearly all require- ments in order to minimize cost of Keeping this record. The Walcott-Taylor Co., Inc. Mills Bmldml Specialists for pu;m.u Records and Equipment ‘Your money, entrusted to us, is loaned ONLY on First Mort= gages on Homes, which is un- questionably the soundest and safest means of investing money. ‘This association is uander the supervision of the Upited States ‘Treasury. ‘We will be glad to mail a copy of our latest ncial state- ment, upon reques