Evening Star Newspaper, October 26, 1935, Page 14

FINANCIAL STOCKS END WEEK AT STEADY LEVELS Many at New Peaks Despite Influence of Profit- Taking. FINANCIAL THE EVENING STAR, WASHINGTON, D. C., SATURDAY, OCTOBER 26, 1935. W.R T.EARNNGS TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE FAR ABOVE 1334 Close.Chge. | High, Low. 35 +% 24% 15 116% 38% + % 5% 338 -1 Nine - Month Net Reaches| pii m Ate-way eiee soni- 529,596, Against 0n|y % Alleg Corp (d) ... $5,139 Year Ago. Stock and . Dividend Rate. _Add 00. 8% Midland Steel Prod._ 604 Midl'd Stl 1st pf(8 208 3% Minn Moline Pw__ 31 Minn Moline Pw pf_ 10% Mission Corp. Prev. 1935 Stock and Net. | High. Low. Dividend Rate. “ada 00, High. Low. Close.Chge. | 4 231% Delaware & Hudson 8% 8% + % 11 Del Lack & West . 161 16% + 4% 34% Diam Mat pf (11%) 17 18% +1% 343 Dome Mines (+2)__. ™ Th 6% Dominion Stores. 164 164 — % 17'% Dourlas Alr (a76c). 1 1 131 Dresser Mfg A bl% 14 R6% Du Pont (13.60) 1% 131 126% Du Pont deb (6 —_— 8 3% Eastern Roll Mills_. 164'6 110% Eastman Kod (t5).. Prev. 1935 Stock and Hich. Low. Dividend Rate. 44% 13 Sloss-Sheffleld St1_ 68 24 Sloss-Sheft Stl pf. 26% 15% Snider Packing __. 15% 10% Secony-Vac (30¢c)... 28% 20 Sou Porto R Sug(2) 150 132 Sou Porto K 8 pf(8) 247% 10% South Cal Ed (1%). 21% 12% Southern Pacific 16% 5% Southern Rallway.. 20% 7 Sputhern Rwy pf._. 5% 3% Sparks-Withington 8t 3% Spear & Co__ 5 36% 32 Spencer Kell (1.60). les— And 00, High. Low. clouchu 208 42% 42% 42% — % 408 63% 63% 631 + % 12 28% 27% 28 — 3 140 12% 12% 12% + W 3 24% 24 24y, - % 100- 140 140 140 +3% 25 24% 4% 18% By private wire direet to The Star. Prev. 1935 Stock and Bales— High. Low. Dividend Rate. Add 00. High. 9% 4% Adams Express 16% 8 Addressog’h (60c; 17% 4% Advance Rumely !llh. Low. G'IMCIII’- % 234% 234% 4+ W lll‘q 113% 113% !'6 ao m 14 A% 10% 1% n 13 8 56 1% Mo Pacific pf (). 10% Mohawk Carp (1) 55 Monsanto Chem(11) 21% Montgomery Ward. % Mother Lode. _ 8% + % 2% Alleg pf wi30w (d). BY EDWARD C. STONE. 33 + W 24% 25% +1% lfl llfi% 136 136% +1 3131 a31 131 ’ 21" Allegheny Stl (1)... 9 7 &% 7T 4+% 314 Allfed Stores. . ... 1 163 lfia 163 — % 30% 30% + % Earnings of the Washington Rapid Transit Co. have definitely turned the corner in the last nine months, ac- cording to the financial statement filed today with the Public Utilities Commission. In this period operat- ing revenue totaled $334,060.13, or a gain of $34278.74 over the same month last year. There was also an increase in operating expenses of $13,195.02, leaving a net income from operations. $21,083.66 higher than a year ago. After all other deductions the bus company officials report a total net income for the nine months of $29,- 596.57, as compared with only $5,139.97 at the end of the third quarter last vear, or an increase of $24,456.79 so far in 1935 The improved showing is due to an increase in the number of passengers carried, together with a ciose watch on the cost of operations. The September report revealed operating revenue of $34.136.44. up $4,17696 over September, 1934. Operating expenses and taxes totaled $30,501.22, an increase of $1,186.42, and leaving a net income from opera- tions of $3.635.22, or a gain over the same month a year ago of $2,990.54. Deductions from gross called for $1,781.37, leaving a net income for the month of $1905.04, against a ceficit a year ago of $1,381.88. Trade Statistics Compared. For the first nine months of 1935 ‘wholesale groceries sales in the fifth Federal Reserve district were 6.4 per cent better than last year, hardware sales were up 9.6 per cent and drugs 2 per cent, according to the Federal Reserve Bank of Richmond. Dry goods sales were off 15 per cent and shoes 11 per cent in the same period. In September alone hardware sales ‘were up 18.5 per cent, drugs 2.2 per cent, dry goods 2.4 per cent, groceries 4.9 per cent, while shoe sales were off 0.7 per cent, compared with Sep- tember, 1934. Sales in dry goods and hardware were much better than in August, the report adds. During September 96 per cent of the bills due on wholesale groceries were collected, 38 per cent on dry goods, 59 on shoes, 41 on hardware and 65 per cent on drugs, the Rich- mond bank states. In a review of retail trade, the re- port says that 25 per cent of the re- ceivables due Washington department stores were collected during the month. In the first nine months of 1935 stocks in department stores here were turned 3.245 times. Stocks of | goods were 19 per cent higher at the end of September than at the close | of August. As previously noted, retail sales in Washington were 26.4 per cent better fn September than a year ago and up 25.8 per cent in the nine months, both sncreases being ahead of all other | cities in the fifth district, based on figures from 31 department stores. Plans for Security Holders. { How present holders of Barber & Ross, Inc., securities stand under the reorganization move now before the Pistrict Supreme Court for approval, #s stated in article 3 of the proposed plan, which says: “Each creditor will be required to | feancel his present indebtedness, in- eluding the unsecured portion of the claims partially secured, whether it is n bonds, open account or in whatever form evidenced, and accept in lieu thereof 30 per cent of such total in- Hebtedness in the new closed 10-year # per cent bonds, hereinafter des- scribed, and 70 per cent thereof in the | new preferred stock without par value at the rate of one share for each $100 bf indebtedness with authorized divi- #end of $3 per share, non-cumulative, hereinafter, more particularly de- peribed. Any fractional part of said 0 per cent under $50 will be settled for at the rate of 25 per cent thereof In cash. The holders of the present preferred stock to accept one share ®of the new common B stock without par value for each share of the pres- lent preferred stock. “The holders of the present com- mon stock shall accept one share of ihe new ccmmon stock B without par walue for each 10 shares of the com- gmon stock now held by them.” Securities to be dealt with under fhe plan are $622,000 10-year.6'2 per Fent sinking fund gold bonds, accrued Interest on these bonds of $11,792, preferred stock and 50,000 shares of gommon stock. Loan Associations Growing. ‘With 962 Federal savings and loan #ssociations now in operation in 43 {tates, representing total resources of $420,284,745 and the savings of more than 600,000 people, the Federal Home Joan Bank Board today announced Ahat applications for charters are pending for 207 additional Federal mssociations, with resources of $298,- 154,709, of which 204 are existing JBtate-chartered building and loan as- pociations seeking to convert into Fed- eral associations. During September the 758 reporting JFederal savings and loan associations made new mortgage loans to some 3,- P00 home owners in the amount of ‘$9,273,526, of which 35 per cent was Joaned for the refinancing of existing Jmortgages and 65 per cent for new ‘ronstruction, reconditioning and the purchase of homes. Of the Federal associations now ehartered, 377 represent the conver- #ion of established building and loan institutions, formerly under State charter, and 585 are newly organized Federal associations, formed by local business and financial groups. Financial District Gossip. Governors of the 12 Federal Reserve banks have concluded their session Mith the Federal Reserve Board. They reported both business and credit con- ditions much improved and said there meemed to be no reason for any con- trol measures at present. A comprehensive analysis of 44 legal Reserve insurance companies designed for the layman, as well as the financial rommunity and the insurance indus- try, has been published in book form by H. A. Davis, Chicago life insurance mnalyst. The book is known as the #Davis Life Insurance Annual” and the 1935-36 edition contains 400 pages ©f statistical information of United States and Canadian companies. M. R. Diggs, executive assistant to the controller of the currency, is ad- dressing group 5, Virginia Bankers’ Association, today at Roanoke. An- | other speaker is C. S. Carter, Bristol bank president. President J. Sinclair Brown is presiding. The Washington delegation to the eonvention of the Investment Bankers’ Association at White Sulphur Springs left here last night aboard a special train which came down from New York. 49 Allled Stores pf (5). 12 Allis-Chalmers. 21 Amal Leather_ 4815 Amerada Corp 41% Am Ag Ch(Del) (3)- 13% Am Bank Note . 43 Am Bk Note pf (3)_ 21 Am Brk Shoe (1) __ 1281 119 Am Brk Shoe pf (7) 149% 110 Am Can (t4) 25% 5T 221 96 10 Am Car & Foundry. 25 Am Car & Fdry pf_. 8 AmChatn___ _ 66 Am Chicle (13)____ 38% 2215 Am Comcl Aleohol... 17% 6% Am Crystal Sugar.. 8613 72 AmCrysS 1stpf6_ 3 % Am Encausti¢ (d).. 45 9% 2 Am & Forelgn Pwr_ 27 12 Am & For Pw $6 pf. 1 14 Am & For Pw $7 pf. 2 3% Am & For Pw2dpf. 8% Am Hawailan 85(1) 3 Am Hide & L(new). 294 Am Home Pr (2.40). 1% AmIce _ _ 14% Am Ice pf (2 413 Am International. 34 25 - 30 1 13 5 508 Am Locomotive p: 4 Am Mch & Fy (180c) 4% Am Mch & Metal: 13'; Am Metal ___ 1% Am Power & Light_ 8% Am P&L $5pfall. 10% Am P&L $6 pfalla . 10's Am Radiator 15% Am Roll Mills a30c. 4'3 Am Seating vte 20 Am Shipbldz (2) 31% Am Smé&Refining. 12 Am Steel Foundry 43 3315 Am Stores (12) T0's 50% Am Sugar( 2)._. 14015 126'; Am Sug bf (7) 27 1813 Am Sumat Tob (1) 146 987 Am Tel & Tel (9)_. 102% 7213 Am Tobacco (5) 105! 74% Am Tobacco B (5) 6% 2'3 Am Type Fdrs (d) 26% 9 AmTypeF pf (d 7's Am Water Work: 47 Am Woolen__ 35'3 Am Woolenpf_ 8 Anaconda Copper... 16'% Anaconda Wire____. 1074 Anchor Cap (60¢) .. 36 Archer-Dan-M(t1).. 3% Armour of {llinots .. 55 Arm'r(Ill)pr pf (6)_ 1613 Armstr'g Cork (1) 4 Arnold Constabl 7'3 Asso Dry Goods . 35% Atch To&S e (a2). 19'; Atlantic Coast Line. « 20'; Atlantic Ref (1) 323 Atlas Powder (2) 4 Atlas Tack _. 15 Auburn Auto 5'3 Austig Nichols 23, Aviation Corp(Del). _— 1'; Baldwin Loco td) . T3 Baldwin Loco pf (d) T3 Baltimore & Ohio 9'4 Baltimore & Oh pf_. 314 Barker Brothers 57 Barnsdall Corp t60c » 37': Bayuk Cigar (11)__ 107% Bayuk ( 1st of (7). 72 Beech-Nut P (13)__. 11% Belding-Hem (1)... 117 Bendix Aviation __. 15'% Beneficial Lo (1%)- 34 Best&Co (2). 213 Bethlehem Steel 55% Beth Steel pf(al%) 9%, Blaw-Knox 614 Boeing Airp! 39% Bohn Alum &Br (3) 90 Bon Ami (A) (t4).. 38% Bon Ami (B) (+2)._. 21 Borden Co (1.60) . 281 Borg-Warner (2)__. 'y Botany Min(A) (d). 815 Bridgep't Brass ¢Uc. 4 24; Briggs Mfg (12) 23's Briggs & Strat (3) . 30% Bristol-Myers (12). 3613 Bklyn-Man Tr (3) __ 90 Bklyn-Man T pf(6). 1% Bklvn & Queens 43 Bklyn UnGas (3 3% Brunswick-Balke. 563 20% oS 3 n PO B R AN DA NI LN NN RADE a2 b o 115 95 14% 2418 19% 56% 4y 10702 141 164 597 100 478 26% 65% 5 3% Budd(E G)MIg. ... Budd(E G)Mfg pf.. 21; Budd Wheel._. 81, Bullard Co 3%, Bulova Watc! e 1 13% Burr Ad Mch(160c). 78 10 Bush Term Bofcod 20s 1'% Butte Copporkzme 2 205 11% Byers (A M) . _—— 3 303 California Pkg(1%) 1, Callahan Zinc. ... 213 Calumet & Hecla T13 Campbell-Wy (1 321, Cap Adm pf A (3) __ 85 Car Clin&O sta (5)- 45% Case (J 1) Co . __ . 3615 Caterpillar Tr ('l)- 191 Celanese Corp._. 17 Celotex Co (d) - 11% Celotex Co pf (d). 22 Cent Aguire (1%)_. 38% Cerro de Pasco (4)- 3% Certain-teed Prod__ 23 Certainteed Pr pf-. 1308 3715 Ches & Ohfo (2.80)_ 1 Chi& East 11 (d) .. % Chi & Grt West (d). 1% Chi & Grt W pf (d) - 15% Chi Mati! Order (11). % Chi M StP&P of (d4) 1% Chi & N W (d) _ 35, Chi & N W pf (d) 45 Chi Pneumatic Tool. 20 Chi Pneu Tool pf. % Chi R &Pac (d) - 1% Chi R I&P 7% pf 25 ChickashaC O (2).. 315 Childs Co 9 Chile Cop (a25¢)-.~ 31 Chrysler Corp (t1). 12 City Ice & Fuel (2)_ 69% City Ice&F pf(6%)- 31 City Stores______ 12 Clark Equip (806) 278 1617 Coca-Cola (8) . ..o 57% 53% Coca-Cola A (3) __. 19% 15% Colgate-P-P($50c)- 106 101 Colgate-P-P pf (6). 40% Collins & Afkman ._ 1072 69% Collins & Alk of (7) 51 % Colo Fuel & Ir (d).. 28, 5 ColoF &1 pf (d) 7 Colo & Sou 1st pf__. 3% Col G & El (a20e 35% Col G & Epf A (6 34% Colum Pie vte (1) 67 Colum Carbon (4)__ 39% Comel Credit (23)_ 56% Comel Inv Tr(12.80) 16'% Comel Solv (t60c).. 2% % Comw & Southern... 29% Comw & Sou pf (3)_ 27 Congoleum-N(1.60) 9 Congress Cigar.. 23% Conn Ry&Lt (434 aoo. 7 Consol Cigar 3% Consol Film 14% Cons Film pf ($1%) 15% Consol Gas N Y (1). 724 Consol Gas pf (5) . 1'% Consol Laundries__. 6’3 Consol Ofl (a25e).— % Consol Textile. ... 8% Contatner Corp (A). 27 Container Corp (B). 4% Contl Baking (A)... 62% Contl Can (3) 7 Contl Dia F' (abbe) . 287 Contl Insur (11.20). % Contl Motors .. 15% Ceontl O Del a$2%ec... 60 Corn Prod Ref (3).. 4% Coty Inc ___ .. 35% Cream of Wh (")_ 11% Crosley Rad (a26c). 23% Crown C&S (1) 3% Crown Zelleb'k vte. ba Co. 191983 19 19 &7 1t N 910 1t 1t 1t 0 308 199 4 90s 14 13 156 81 82 120 35 10s 2 s: 6% Curtiss Wright (A) 78 Cushmans pf (1) 16 Cutler Hammer____ ——————— 8% 6 Davega Stores..... 52% 22% Deere & Co.. 28 19 10 10s 2 1 43% +1% 18 — 1 29 + % 13% — 3% 21% 5Th +1% 19% + % 36% — % 54 +1% + W | ++ AR B R FEEFEIST 21% 2 276% 276 5T% BT% 18% 18% + % 105% 105 +1 40 40% + % 107 107 2% 13% + % 15 +1 14% + % 90 63% — % 95% + % 51% + % 62% —1% 18% + % 2% 64% — % 41% + % 14% 31 8% + % 5% — % 19 29% + FERERFE ‘l% 38y, 10% 8% 42% 114 PR 90 128 16% Eaton Mfg (1) .. 3% Eitington-Schild.__. 19% Elec Auto L (a30¢ 3% Electric Boat .. 5% Elec & Mus Ind..... 1% Elec Pw & Lt 2% Elec Pw & Lt 86 vf- 3 Elec Pw & Lt $7 pf. 39 Elec Stor Bat (2%). - % Elk Horn Coal (d).. 52% Endicott-John (3)_. 1% Engineers Pub Sve. 14 Eng Pub Sve $5 of . 14% Eng P 8 $5.50 nf ww 4'% Equit Ofiee Bldg. .. T Erfe R R 815 Erfe R R 1st pf. 6% Erie R R 2d pf 10% Eureka Vac C(80¢). 15 Evans Products(1) 2 Exchange Buffe! 17 Fairbanks Morse T1% Fairb’ks M pf 13% .. 5% Fed Lt & Tr.. . _.. 48 Fed Lt & Trof (6).. 7 Fed Water Sve (A). 16% Fed’d D Str= (+80c). 2814 Fid Phoen FT +1.20. 106% Filene's S pf (6%3) . 13% Firestone (40c) 8415 Firestone pf A (6)_. 45 First Nat Strs (23%) 214 Follansbee Bros(d). 20% Food Machine (1)__ 974 Foster- Wheeler 19% Four Nat ITww a1.10 30% Frank Sim nf 13% 17% Freeport-Tex: 15 Fuller Co pr of 7 Gabriel Co (A). 7 Gamewell Co 513 Gen Am Investors . 32% Gen Am Trlnl(]%) 11% Gen Asphalt 73 Gen Baking (60¢)_. 5% Gen Bronze 2 Gen Cable _ 19 Gen Cable pf. 50 Gen Clzar (+4 2015 Gen Eleetric (30c) - 30 Gen Foods (180) _. U Gen Gas & Fl (A) 597 Gen Mills (3) 268 Gen Motors (+2) __ 107v Gen Motor= f (5) _ 17% Gen Print Ink(160) 15% Gen Ry Signal (1) . %, Gen Realtv & Util 14% Gen Real & U of ww 16% Gen Refractories 14 Gen St] Casting pf . 12 Gillett Saf Ras (1) 70'; Gillett Saf R ot (). 214 Gimbel Bros 18 Gimbel Bros pf 23% Glidden Co (1) ___ 1% Gobel (Adolf) (d) . 14% Gold Dust (1.20) ... 713 Goodrich (BF) __ 40 Goodrich (B F) pf_. 15% Gondvear T&R 215 Gotham Silk Hose__ 20 Gotham Silk Hpf._. 1% Graham-Paize 21 Grand Unfon - 14% Grand Unof (14) . 184 Granite City St1 (1) 23% Granite City 8 rets. 26 Grant (W T) (+1)__ 9%, Grt Northern pf 9% Grt North Ore (50c) 26% Grt West Sug (2.40) 119 Grt West Suz pf(7) 20'; Grevhound Corp 1 Guantanamo Sugar 19 Guantanamo Sug pf 4 Gulf Mobile& N 6 Gnlf Mobile & N pf 4 Hall W F Printing_. 6'3 Hamilton Watch 16 Harbison Walk (1). 5'3 Hat Corp of Amer__ 1% Hayes Bodv 11 Hercules Motor (1) 71 Hercules Pw (3) _ 122 Hercules Pw of (7) 6% 37% % 6% 5 24% 26% 6% + % 38 + % 10 6% 5% 4+ W 25% + % 27% +1 52 % 63's +1 6% “ +% 48 +3 5% 10% + % 13% 8% + % 12% — % 18% %+ h 245 127 18% 76% 90 3% 2 245 41% 112 FTRRmRana g 2 El B it | - - S 1+ o 1+ o -3 PR-PRUPRTE --4% P I+ +4HE - - T4+++14++1 1 121% 121'5 Hercls Pdr pf(7)eld 10s 813, 21% 42 247, 69 56 515 1% 3% PR —————— 17% 2415 571 36% 110 961 Rt _23% 36 67 86'% 84% 19% 26% 108% 2% 41% 108% 26% 73% Hershey Choc (3) .. 5% Holland Furnace _. 307 Hond-Hersh (215) A 6'3 H'daille-Hers B(1). 49 House Finpf (3%)_ 1'3 Houston Ofl (new)_ 43 Howe Sound (3) __. 28, Hudson & Manhat _ 6% Hudson Motor % Hupp Motors 913 I1linols Central 15 Illinofs Central pf . 40 [11 Cent Ise lines(4). 2315 Indus Rayon ( 6015 [ngersoll-Rand (2). 46% Inland Steel (12)__. 215 Inspiration Copper. 8% Interboro R T (4).. 2% Int Agricultural __. 3% Int Car’'rs Ltd (20¢) 22% Int Cement (1) - 34'% Int Harvester 60s) . 1% Int Hydro Elec (A). 17 Int Merch Marine _ 22% Int Nick Can)(80e.. 47 Int Paper & Pw nf _ 21% Int Print Ink(1.40)_ 25% Int Salt (133) 16 Int Silver. 6015 Int Silver v 5% Int Tel & Tel R74 Interstate Dept St_. 243 Island Creek C (2)_ 49 Jewel Tea (3) 3815 Johns-Manv (a50c). 50 Jones&Laugh7%pf. 7% Kaufm'n D S (80¢) —. 6 Kelsey-Hayes (A)._. 3% Kelsey-Hayes (B).. 10% Kelvinator (+60¢) ... 84 Kendall Co pf (16)_. 13% Kennecott C (60¢) ... 19% Kresge (SS) (1) . 22Y% Kroger G&B (1.60) . 12 LacledeGasSt L__. 21% Lambert Co (3).... 5 Lane Bryant 815 Lee Rubber (50c) 10% Leb Port Cement ._. 1% Lehigh Valley Coal. 5% Lehigh Val Coal pf. 5 Lehigh Valley R R 67% Lehman C (2.40) __ 10% Lehn & Fink (134)_. 6% Libby McNeill & L. 21% Lib-O-Ford G1(1.20) 21 Life Saver (1.60) 93% Lizg & Myers (+4)B 15% Lily Tulip Cup(1%) 13% Lima Locomotive.. 24% Liquid Carb (1 31% Loew’s Inc (2) ._ 102 Loew’s Inc pf (635). 1 Loft Inc .- - came 33 Loonse-Wiles (2) __. 108% Loose-Wiles pf(5) .. 18% Lorillard P (11.20). 3% La Ofl Ref (d) 4% La Ofl Ref pf (d) .. 520s 10 10% Louisv G&EDfA 13%. 3¢ Louis&Nash(a234). 12% Ludlum Steel o 90% Ludlum Stl of (6%) 39% McAndrews&F(12). 28 McCall Corp (2). T% M Stores ( 6% M Strs B (d 7% McGraw Hill Pub 34% Meclntyre Porcu (: 5% McKesson & Rob . 32 McKesson & Rob pf 8t McLellan Stores... 18% Mack Truck (1) ___ 30% Macy (R H)& Co(2) 4 Manati Sug pf (d).. 3 Mandel Bros ... 13% Man El md gtd (d).. 10 Manhat Shirt (60c). 5% Marine Midld (40c) 20 Marlin-Rockwell(2) 6% Marshall Fleld & Co 4 Martin Psrry 23% Mathieson 35% May Dept Bt! (Lfl) 5% Maytag Co.._ 84% Maytag 1st f ( 41 Melville Shoe W 3 Mengel Co 20% Mengel Co pf. 22 * Merch&M Tr (1.60). 24% Mesta Machine (3). 2% Miami Copper 9% Mid Cont Pot(MM). 2 6 45 24% + % 1% + % 10% — 3% 14% +1% 2%+ % b5 874 +1% 84 +1 1% — % 29 +1 25",6 +1% 9l‘§+ % 27\4"& 2T + % 21% +1% 23% + % 8 + % 15 908 K 34 48 17 10s 37 17 6 50s 20 25 25 115% 114% 18 17% 24% 24% 33% 33% 33% + % 49 48% 48% o) 107 107 1071 21, 2% 2%+ % ¥ s s 2108 107% 107% — % 7 25% 25% 25% + % 37 % M & 10 +1% 1 20% 20% 20% 44% 45 +1% 26% 11 25% 1132% 132% 132% + % 40 40 + % 33% 33% 12% 12% — % 12% 12% — % 15% 16% + % 85% 35% — % 8% 46 » o BllavandSenummnon 1 oo E LT =TV T% 54% 29% 33% 5% 125% | 17% Motor Products (2). 7' Motor Whee) (60c) 9% Mullins Mfg (A) ... 9% Mullins Mfg (B)... 62 Mullins Mfgpf . 13% Munsingwear Inc__. 4% Murray Corp._.. —_—— 11 Nash Motors (1)... 4% Nat Acme Co.. 6% Nat Aviation. 22% Nat Biscuit (1.60) 135 Nat Cash Ra((iOe) 12% Nat Dairy P (1.20) . 1% Nat Dept Stores (d) 17 Nat Dept St pf(d)._. 23% Nat Distillers (2) 21 NatEn & Stpg (2 4% Nat Pwr&Lt (60c) . 40% Nat Steel (11) 9 Nat Supply Co. 36 Nat Supply Co pf_.. 8% Nat Tea (60c) ’lh Natomas Co (80¢)_. 1% Neisner Bros (t1)_. lh Newport Industries. 18% N Y Alrbrake 12% NYCentral RR___. 6 N Y Chicago & St L. 13 25 115 139 1 815 16% 6 16'% A% 24% 53% 21% H & Hartf of Ontario & West N Y Shipbuilding _. 2 North Am Aviation. 9 North Amer Co (1). 35% North Am Co pf (3) 13'4 Northern Pacific __ 51 357 Northwest Tel (3) . 2% 114 Norwalk Tire&Rub._ 321 20 Norw'k T&R pf(2). _— 14% 9% Ohio Oil (a30e) ... 21% 16Y% Oliver Farm Equip- 13% 3!3 Omnibus Corp vte_ .. 8% 4% Oppenheim Collins_ 22 11 Otis Elevator (60c). 125 106 Otis Elev pf (6) ... 17% 4% Otis Steel __ 8413 223 Otis Steel prpf____. 118 80 Owens-1Il Glass(4)_ 14 Pac Am Fisheries 1 PacificCoast.__ __ 13% PacificG& E (1%5). 19 Pacific Ltg (2.40)__ 70 Pacific Tel & Tel (8) 6% Pac Wn Oil (b40e).. 3'3 Packard Motors '3 Panhandle Pro & R. 613 Panhandle P&R pf_. 8 Paramount Pic 84 Param't Pic 1st pf_ 9% Param't Pic 2d pf_.. 2% Park Utah .____ 47» Pathe Film Corp_. 8'4 Patino Mines 2, Peerless Moto 64’3 Penick & Ford ( 57! Penney J C (2). 2% Penn Coal & Coke 3 Penn Dixie Cement_ 18 Penn Dixfe Cpf A. 17% Penn R R (ab0e)_. 30 Peoples DS (11) 116% 108% Peoples D S pf(612) 43'; 17% Peoples Gas Chi 11% 7% Pet C'p of Am aldle. 15% 11 Pfeiffer Brew (11). 26's 12% Phelps Dodge(a25c) 45 23 Phila Co 6% pf (3). 4%% 1% Phila & Read C&l. 5313 35% Philip Morris (1)_.. 34’3 13% Phillips Petrol (1).. % Plerce Petroleum__. 31 Pilisbury F1 (1.60)_ 5'5 Pitts Screw & Bolt... 22's Pitts Steelpf _____ 1'% Pitts United Corp__. 124!3 Pitts United Cpf__. 615 Plymouth Oil. 614 Poor & Co (B) 1% Porto R Am T ) % Porto R Am Tob(B) 4% Postal Tel&C ot (d) & Pressed Stl Car (d). 613 Pressed Sti C pf (d) 42% Proc & Gamb(f112). 20% Pub Sve N J (2.40)_. 29’5 Pullman, Inc (1%). 574 Pure Oil - - 49% Pure O11 8% pf_ 8% Purity Bakeries (1) Fd e S .o IO e- - SETRE NP - 4 Radlo Corporation... 35% RadloCorppf B___. 1% Radio-Keith-Or (d) 4% RR Sec I11 Cent____ 16'3 Raybests 1 Reis (Robert).___ 8 Reis (Robt.) 1st D!. 7 Remington-Rand__. 69 Rem-Rand 6% pf_.. 2% Reo Motor Car. 9 Republic Steel. 28% Republic Steel pf. 7812 Republic Stl pf A. 5'3 Revere Copper 75 RevereC& B pf 17% Reynolds Metals 121 Reyn’lds Spring(1). 43'» Reynolds Tob B (3) 5% Ritter Den 87 16% 46 324 Safeway Stores (3). 113Y% 104% Safeway Strs pf (6) 1141 109 Safeway Strs pf (7) 23% 10'4 St Joseph Ld (40¢c). 2 % St L-San Fran (d) .. 2% 1 StL-SanFrof(d)- 14 8% St L Southw'n. 8 Schulte Re Strs pt. 55 Scott Paper (1.80).. 4 Seaboard Afr L (d). % Seaboard A L pf(d). 20% Seab’d O Del (160¢) 2% Seagrave Corp_ ... 31% Sears Roeb'k(a76c) 1% Sec#nd Nat’l Invest. 40 Sec Nat Invpf 32%. 7% Servel Inc (50e) 9 Sharon Steel Hoop.. 3% Sharp & Dohme 42% Sharp & D pf. (!%)_ T% Shattuck(F G)(25¢) 5% Shell Unlon Oil___. 631 Shell Union Oil pf_. 8% Silver King C(40¢). 6 Simmons Co 5 Simms Pet (a50¢)_- 6% Skelly O11. - - BRI 13% 15%, s FaE S.\ff’#f a FREEE & = 18% 10% 8 5% 21 26 3 12% 23 20% 9% 6 23% 36% 9% 1215 3T + 14+ 4++1 010101+ 4+ +1++) 26% 833 160 154 403 2% 19% 4 ++ o+ +10 1% +l++1 14+ 3% 40 281 89 R o 104 bt 1 '~ 85'3 Wright Aero___ 7Y% Sperry vtc (a26c). 814 Spicer Mfg._ 33% Spicer Mfg pf (3 43% Spiegel-May-8 (3)._. 12% Stand Brands (30e). 2% Stand Com Tobacco. 1! Stand Gas&El (d) _. 1% Stand G&E$4 pf(d). 4% Stand GEE$6pf(d). 6 Stand G&ES$Tpt(d). 27% Stand Ofl of Cal (1) 23 Stand Ofl of Ind (1) 35% Stand OIINJ (11)... 1215 Starrett (L 8) (1)_. 58% Sterling Prod (3.80) 1% Sterling Secur (A)-. 3% Sterling Secur pf __ 6% Stewart-Warn t50c. 2' Stone & Webster__. 2% Studebaker Corp-.. 60% Sun Of1 (11) 115% Sun Oil pf (6) - 11 Superheater (60¢)-. 1% Superior Ofl .. 5 Superior Steel 17% Sutherl'd Pap t60e.. 14% Swift & Co (1) ... 6% Telautograph (60¢c). 4 Tennessee Corp. .. 1615 Texas Corp (1) 28% Texas Gulf Sul (2) 3% Tex Pac Coal & Oil_ 813 Tex PacLand Trust 13% Thatcher (1)._. 215 Thermoid Co__ 13% Thompson Products 1% Thompson Starrett. 5% Tide-Wat Asso Ol . 84 Tide Wat A O pf(6). 45 Timken-Detroit _. 28% Timken R B (11)_ 4% Transamerica(30c 5% Transue&William: 1% Tri-Contl Corp 2% Truax-Tra Coal 313 Truscon Steel 13 20th Century Fo: 245 20th Century Fox pf 12 Twin City R T 18 Twin City R T D! 1'% Ulen & Co_ 53% Und-Ell-Fisher (2). 4 29 Union Bag&Pap (2) 44 UnCarb&C(1.60). 143 Un Ofl of Cal (1) 8213 Un Pacific (6) 20% Un Tank Car (1. 9% United Afreraft_ 4'3 United Afr Line s 20% United Bisc (1.60)... 1m United Bisc pf (7) 46 United Carbon 2. 1'; United Corp ... 20% United Corp pf (3)-. 8% United Drug. .. 3'% United Elec Coal... 60'3 United Fruit (3).__ 9% United Gas Imp (1) 4'3 U S & For'n Secur. 11 U S Freight (1) 40'; U S Gy 143 5 35% U S Ind Alcohol (2). 143 USPipe & F (50c). 3 US Realty & Imp_.. 9% U S Rubber.__ 24'3 U S Rubber 1st pf__ 92 USSm & Ref (a8) .. 713 U S Steel__ 3% U S Steel pf (2) .. 313 United Stores (A) .. 46 United Stores pf. 133% Univ Leat T pf ( 29 UnivPiclstpfd .. s Univ Pipe & Rad(d) 9% Univ Pipe&R pf(d). 1 UtlPwé&Lt(A) _. ——— 13 Vadsco Sales Corp 19' Vadsco Sales pf._. 11' Vanadium Corp Wabash (d) - 1% Wabash pt A (d).. 1 Wabash pf (d) B_ 4's Waldorf Sys (50¢) .. 26% Walgreen Co(1.60).. 1% Walworth Co (d)_. 5 Ward Baking (A) __. 28'; Ward Baking pf (2) 214 Warner Bros Pic._. 14% Warner Bros Pic pf % Warner-Quin (d)_.. 2!; Warren Eros .. __. 4 Webster Eisenlohr_ 301 Wesson O&S (150c) 72 Wesson O&S pf (4). 34 West Pa Elec (1)A 36 West Pa Elec pf (6) 5'; Western Maryland_. 114 Western Pacific.__ 23, Western Pacific pf_ 20% Western Unton __. 18" West'gh'se A B 50c.. 32% Westinghse El a50c. % 10 Weston Elec Ins. __. 16% Westvaco Chi ‘40¢c) White Motor . 12% White Rk M S(1. lfl) 1 Wilcox Oil & Gas 3% Wilson & Co (50¢. 58 Wilson & Co pf (6). 51 Woolworth (2.40)__ 11% Worthington Pump. 253 Worth Pump pf A__ 20 Worth Pump pf B 17% Yale & Towne (60c) 2% Yellow Truck. Y2 Yellow Truck p 18 Young Spr & W (2) l.! Youngstown S & T.. ' Youngst'wn S&T pf. 1% Zenith Radio_ 2% Zonite Product: Rights % Budd Mfg. _Apr.16 4 1 9'": 41 10 4% 68% 17% 10% 26 SESE FFEREFR “ 24% + 2% + % 105 + % 100 + % - % 2% + % 80 -1 3T% = 1 TN — I 195 + % | 95% — 3, 23 + 4 200 + % 9% "t % S T1% +10 515 STOCK AVERAGES nfl\ll R ils. U Net change. 4.6 S0 43 s, Today, close *72.8 Prev. day... 722 Month ago. 675 Year ago... 49.3 1935 high_.*72.8 1935 1oW-... 495 1934 high... 61.4 1934 low.... 45.3 228 242 349 1932 low. 175 8.7 239 169 1929 high..146.9 153.9 184.3 157.7 1927 low.... 51.6 953 618 618 (Comlled by the Associated Press.) New 1835 nigh. 25.2 ’4\ 0 *52. 9 25.1 40.7 525 258 369 49.4 253 272 318 27.6 *41.0 *52.9 185 216 3438 430 406 5i4 BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, October 26.—Tha stock market edged forward today, many issues to new highs for the last four years or so, despite the restrainy ing influence of week end profit taking, Scattered specialties again found followings at substantial advances, buf the list as a whole moved in a frac. tional range. The close was steady, Transfers approximated 1,200,000 shares. It was one of the most active Saty urday sessions in several weeks, wit} realizing accounting for much of the volume. Nibbling continued at the motors, rails, oils and merchandising stocks. Trade happenings were still bullish, Earnings statements, on the wholg were comforting. The Sun Oil Cq declared an extra dividend of 7 pej cent in stock in addition to the regu- lar quarterly 25-cent disbursement Union Oil of California raised its prices for crude 50 cents a barrel t¢ the highest level in more than tw¢ | years. Gains sagged both at Chicago and | Winnipeg. Cotton was little better | than even most of the day. Bonds were mixed and foreign exchanges slipped a shade in either direction. Shares of Budd Manufacturing gol up 3 points and others, fractionally te a point or more improved, inciuded 41% + 10% + 1a 4% + % 69 +1 1% - % 10% — 4| 26 s | Johns-Manville, Tennessee Corp, Libby-Owens, ~Burroughs Adding | Allis-Chalmers, Food machinery, lGre’t Northern, New York Central | Westinghouse Airbrake, Baldwin pre. | ferred, Pullman, Case, General Elecs 8215 831 + .“mc General Motors, Western Union, 1594, ‘2 110% 6 75 153 351 101, 2% 5l 18 3% 4 2915 110 5 % 159'5 +1 8 110' +h 6 75 153 35'% + 13 +h +3 1 10" 2% 3913 271 89% 10 o% 14+ | Approximate Sales of Stocks on the N. Y. Stock luhmp, 1,180,000 11: Divi payments based ou the latest quarterly o s Unit of trading less than 100 shares. extra. last vear. reorganized. 00 A.M...... 640,000 12:00 Noon idend rates as given in the above $ Accumulated dividends. xEx dividend. table are the | T hait-yearly deciatations. T Annual rate D(lll aPaid this year. d Companies reported in receivership or being b Paid New York Cotton By the Associated Press. NEW YORK, October 26.—Cotton futures opened steady, unchanged to 5 higher on trade buying of near months and Southern hedge selling of the distant positions. December, 10.94; January, 10.93; March, 10.97; May, 11.00; July, 11.01; October, 10.85. Offerings increased somewhat after the call with hedging a little more active and prices sagged slightly. De- cember sold down from 10.95 to 10.91 and May from 11.00 to 10.95, making the market about net unchanged to 5 points lower. strict good middling, strict middling. 8.77; er. 6.11; 608; Jllll. 6.05. Washington Exchange : SALES—AFTER CALL. Capital Traction 55—$500 at 97. Bid and Asked Prices.’ BONDS. PUBLIC UTILITY. Amer. Tel. & Tel. l‘/::, Am Tel & Tel, Col, tr. There was enough trade buying to|gl'g hold pricse fairly steady at the de- cline. Houses with foreign connec- tions were buyers, The first sales for delivery in Oc- tober, under the price of July, with next Oc- tober selling at 10.85 and 10.87. Futures closed steady, 1 higher to 5 lower. Close. 10.92-95 Spot steady; middling, 11.30. Cottonseed Oil Bleachable cottonseed oil futures closed October, 10.50b; December, 10.26b; March, 10.35; May, 10.39b. Saies, 26 contracts, mcl\ld.lm 2 switches. b—Bid. Mfl =5 —Cottor L. Oct: 26_ (@) n. 3.000 i erican nil. Spot, ate F American n L, moder: 1936, were about 15 points | Was! as! Wash. Barber & Ross, Inc., 3,* Chevy_ Chase Club S Clul %OLM‘.:OCDM Storage 55-..- STOCKS. }c':'-'bim '%nnm cg 13’)‘) al - Eot llec rnw 6% p1d. (6) Po. El hr?s o880 Wash. Ry. Co. mz)). Wash: BY. & Ei. . pid. (5)-.Z 1 BANK AND TRUST COMPANY. Amer. Sec & Tr. Co. (8)_- apital (&) E.nm' L — & Tr.. By the Associated Press. tober 2 '6.10; May, exnendnures 51‘189 021, 30135: e emergency nditures: !“ll.lid.fi /2. 80! 747, assets, $0,630.413,853. (Revorted by Charies D, Rate. Maturi i D! 1 Bid. bked expe itures, sn.gx;flu. 1703, o icrease 7.125.50 ‘over the Erevlous‘:hyf The mmnon of th of o e Treasu U. S. TREASURY POSITION. scal year (since .m; 1), tures. penditure 065.64, including $1,113.454,07 Saoems o x. deb U. S. TREASURY NOTES. American (12) Corcoran (2.50) _. Piremen’s ll 60\ National Union 130 1u¥| F e 107 1% 7 'vl;'d'wd ‘Wdwd. i'?‘n e e iFa 180 100 207 108! Sears-Roebuck and Mon[gomer} Ward NEW YORK BAR SILVER. NEW YORK, October 26 (#).—Bat | silver quiet and unchanged at 65 FEDER:\?JANDT;ANKS NEW YORK. Oct; 26 (P .—] L‘ard.’Blr‘] ctober 26 -4 Federa 1 H 4 4 4 H H 4 MONEY FOR CONSTRUCT!ON LOANS and LOANS ON IMPROVED PROPERTIES %% FIRST DEED OF TRUST ONLY GFLORGE 1. BORGER 643 Ind. Ave. N.W. *‘ MONEY—— to LOAN COLUMBIA PERMANENT BUILDING ASSOCIATION 733 12th St. N.W. A. 0352 Real secur W Fstat o For INVESTMENT n:v‘r"reu(::::’n.l BRADLEY, BEALL & HOWARD Phone NA. 0271. Southern Bldg. o/ first trost Established Over 35 Years —OFFICES— SAUL BUILDING 925 15t ST. N.W. Ideal location opposite McPher- son Square; elevator building well kept and under constant super- vision SINGLE ROO! SRS RooN SutTE = 67 50 923 15th ST. NW. ELEVATOR SERVICE 614 SQUARE FEET .._$50.00 1621 CONN. AVE. N.W. 3 rooms. suitable for professional purposes; elevator service, RENT—$65.00 —STORES— 1616 K ST. N.W. Ground floor; heat furnished; spproximately 1.100 'square leet. RENT—$90.00. B. F. SAUL CO. Natlonal 2100. 925 15th 8t. N.W. = 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 mearly all require- ments in order to minimize cost of keeping this record. The Walcott-Taylor Co., Inc. Mills Building b o Ch1.30 i 40 PIa (D). -113% MEtropolitan 5846 WASHINGTON, D. C. Specialists for Business Records and Equipment