Evening Star Newspaper, November 9, 1935, Page 16

A—lo ** FINANCIAL. THE EVENING Stock and hw. Dividend Rate. l‘ Prev, 1035 Hisgh. STAR, WASHINGTON, D. C, Low. flmlllu moo High. Low. .uw SATURDAY, NOVEMBER 9, 1935. Dflimd n-u, FINANCIAL. DEPOSITS MOUNT TRANSACTIONS ON THE NEW YORK STOCK EXCHANGESI[][;KS|RR[G[||_AR §23613,167 HERE Sharp Rise in Four Months 1 Discussed by National Savings Auditor. BY EDWARD C. STONE. Deposits in Washington’s banks and frust companies have soared to-the extent of more than $23,000,000 in the 61 AMiliated Prod 60c. 3, Air-Way Elec Appl- 13% Alaska Jun (t60c).. % Alleg Corp (4)...... 2% Alleg pf wi30w (d). 2 Alleg pf wS40w (d). 19% 6% Alleg prpf (d). ____ 30% 21 Allegheny 8t) (1)_.. 173 125 Allled Chem (8).... T% 3% Allled Stores 5% 49 Allled Stores of (§) 37% 12 Allis-Chalmers____. 36 26 Amal Leath pf (32) 77% 48'5 Amerada Corp (2) .. 2% T% 41 39% Cudahy Pkg (3%).. 15 Curtis Publishing.. 89% Curtis Pub pf (7). 2 Curtiss Wright. .. 6% Curtiss Wright (A) 16 Cutler Hammer.... 22% Deere & Co 19 Deere & Co pf $1.10_ 23% Delaware & Hudson 11 Del Lack & West__. 1% Den& RG W pf.... 65 Detroit Edison (4). 35% Devoe & R (11) A__ 26% Diamond Mtch $1%. 34% Diam Mat pf (1135) 341 Dome Mines (13 6% Dominion Stores.. 4 6 loflh 5 27% 3% 41 19% a 19% 100 !‘ 38% 56 2% 2% 117% 117% — 42 38% 38% 38% 8% 41 19% + % 100 S 8% — 38% + 55% o 27% — 34% + 15% + 2% — 39% 24% Mesta Machine (3). 2% Miami Copper. 9% Mid Cont Pet(: 81 Midland nd Steel Prod 28% 60% M1dl'd Stl st D£(8). HOI 114 58 Minn Hon R (13)... 3% Minn Moline Pw.__. 31 Minn Moline Pw pf.. % Minn &St L (d)... 10% Mission COrp- ——enu 2% Mo Kans & Texas_.. 5% Mo Kans & Tex of.. 10% Mohawk Carp (1)... 55 Monsanto Chem(t1) 21% Montgomery Ward . 17% Motor Products (2). T% Motor Wheel (§8c) 9% Mullins Mfg (B) ... % 125 16% 14 16 22% 22% — 124 114 - % 1 lil‘i l‘l% 141% ~1% 5% 61 Skeily Ol — 13 Sloss-Sheffield St1.. 24 Sloss-Sheft Stlpf_.. 15% Snider Packing .- ... 10% Secony-Vao (30¢) - 20 Sou Porto R Sug(2) 10% South Cal B4 (1%). 12% Southern Pacifie... 5% Southern Raflway... 7 Southern Rwy pt. 5 Spalding (AG) - 59% Spang Chalf pf $33; 1 3% Sparks-Withington 3% Spear & Co. 32 Spencer Kell 7% Sperry vtc (a2b¢ 814 Spicer Mfg . MDO l!lh- Low. mm 20 14 » 108 43% 64% 28% 12 25% 26% 18% 9% 12% 7 6% T 32 AT WEEK'S CLOSE Some Rails and Specialties Firm, While Utilities Tend Down. STOCK AVERAGES 43% Sple; May-8 30 13 18 60 Indus. Rails. Util. Stks. 12 Stand Brands (30e). 21 Stand Com Tobacco. 1% Stand Gas&El (d) .. 1% Stand G&E$4 pf 4% Stand GEES$6pf(d). 6 Stand GEES$Tpf(d). % Stand Inv Corp.... 38% 27% Stand Ofl of Cal (1) 116 111 Stand Oil Exp pf(5) 28% 23 Stand Ofl of Ind (1) 35% Stand OfI N J (t1).. 1215 Starrett (L 8) (1) 58% Sterling Prod (3.80) 1% Sterling Secur (A)-. 3% Sterling Secur pf _. 6% Stewart-Warn t50c.. 215 Stone & Webster. 2% Studebaker Corp... 60% Sun O11 (11)__ 11 Superheater (s0c)— 1% Superior Otl. __. 5 Superior Steel. 17% Sutherl'd Pap 1606 14% Swift & Co (11) 1% Symington (A) ———— 4 see COrp..... 16'% Texas Corp (1).... 28% Texas Guif Sul (2). 14 Tex: PacRR__. 3% Tex Pac Coal & Oil 8% Tex Pac Land Trust 13% Thatcher (1).__. 213 Thermoid Co 2 Third Avenu 16 Third Nat In (a%6e) 13% Thompson Products Thompson Starrett. Tide-Wat Asso Ofl_. 4% Iimken-Detroit 28% Timken R B (12)__. T% Trans & Westn Alr_ 4% Transamerica(30c). 5% Transue&Willlams. 1% Tri-Contl Corp 69 Tri-Contl Cor D!(l) 3% Truax-Tra Coal. 3% Truscon Steel - 13 20th Century Fex__ 24% 20th Century Fox pf 215 Twin City RT.__ 18 Twin City R T p! last four months. ©On June 29, 1935, aggregate deposits in the banks here totaled $266,586,- $39.82 in comparison with a total of $290,200,627.01 on November 1, 1935, the date of the controller of the cur- rency’s recent call. According to an analysis of bank deposits in Capital banks, completed today by Audley A. P, Savage, auditor of the National Savings & Trust Co.. the exact increase was $23,613,787.19 during this period. The November 1 total was the largest on record, &s stated on the day of the call. Every bank in Washington had a gain in deposits between the two call dates. So far as could be learned today by a study of former records, it is the first time every bank in the list has shown an increase in de- posits between one call date and an- other, Usually, for one reason or an- other, there are some decreases brought out by the comparisons. Previous Peak in 1931 The analysis by Auditor Savage brings attention to the fact that de- posits in this city were especially high last March, when the total stood at $275,226,551.85. But up to November 1 the previous all-time record had been the $281977,925.94 reported on March 25, 1931, long before the bank holiday. Deposits were also very high in June, 1931, when the $278,000,000 mark was passed. On March 25, 1931, there were 39 banks and trust companies operating in the District, while the new peak just reported was reached by only 22 banks, or a reduction of 17 banks in the number now carrying on 100 per cent operations. The fact that every bank made a gain on the November call shows that each group also went ahead. The na- tional banks led the gains with a pick- up of $14,695406.95. Riggs reported the largest gain, over $8,000,000, with the National Metropolitan second and the Hamilton third, !1% . ll!% 1394 + 131% 131% 13% Munsingwear Inc... 4% Murray Corp . 30 Myers (FE) & B (3) 11 Nash Motors (1) ___ 14 Nashv Chat&St L. 4% Nat AcmeCo . . 22% Nat Biscuit (1. W)- . 13% Nat Cash Reg(§0e). % 12% Nat Dairy P (1.20). 113% 103 Nat Dairy pf A (7). 4% 1% Nat Dept Stores (d) 84% 17 Nat Dept St pf(d).. 3415 23% Nat Distillers (2) __ 32% 21 NatEn & Stpg (2)-. 195% 145 Nat Lead (5) 4% Nat Pwr&Lt (§0c Steel (11) 57% 41% Am Ag Ch(Del)(3). asl. 13% Am Bank Note __ 43 Am Bk Note pf (3)- us-. 110 Am Can (t4) - 256% 10 Am Car & Foundry. 25% Am Car & Fdrv of . 38 Am Chain pf(31%). 66 Am Chicle (t3)..__. 23% Am Colortype.. 2215 Am Comel Alcohol_ 6'5 Am Crystal Sugar.. % Am Encaustie (d)_. 2 Am & Forelgn Pwr_ 12 Am& For Pw $6 pf. 14 Am & For Pw §7 pf. 3% Am & For Pw 2d pf_ 3 Am Hide & L(new)_ 28 Am Hide & L pf(n). 29% Am Home Pr (2.40). 43 Am International.... 9 Am Locomot! - 32 Am Locomotive pf 18'4 Am Meh & Fy (180c) 4% Am Mch & Metals _ 113 Am Power & Light. 8% Am P&L §5pfa1%. 10% Am P&L $6 pfall;_ 10% Am Kadiator 15% Am Roll Mills a30c. 66 Am Safety Ras (5). 19% 4% Am Seating vie ... 61% 31% Am Sm&Refining._. 117% 103 Am Sm&Ref f (6)_ 144 121 Am Sm&Ref of (1) 76 63 Am Snuff (13) ____. 24% 12 Am Steel Foundry.. 43 3315 Am Stores (12) ___. 70% 50% Am Sugar(2)_____ 27% 18 Am Sumat Tob 149% 98% Am Tel & Tel (9)__ 106 74% Am Tobacco B (5)_. 6% 213 Am Type Fdrs (d)_. 26% 9 AmTypeFpf(d)__ 1 T4 Am Water Works 4% Am Woolen _ 35% Am Woolen pf._. 2% Am Writ Pap p! 3 AmZinc& Lead. . 831 Am Zinc & Lead pf_. 8 Anaconda Copper... 16'4 Anaconda Wire____. 10% Anchor Cap (60e) .. 113 AP W Paper _____. 36 Archer-Dan-M(t1 3% Armour of {llino 55% Arm'r(Il)or f (8). 16% Armstr'g Cork (11). 4 Arnold Constable._. 3% Artloom Corp.__._. 174% Douglas Afr (a%be). 2 Dunhil Internatl... 142% 86% Du Pont (13.60). 132 126% Du Pont deb (§) 8 3% Eastern Roll Mills. 167 110% Eastman Kod (16) - 164 141 Eastman Kod pf (6) 305% 16% Eaton Mfg (1) ... 8% 3% Eitington-Schild.__. 38% 19% Elec Auto L (a30¢). 113% 107 Elec Auto L pf (7). 10% 3% Electric Boat 8% 5% Elec & Mus Ind..... T% 1% Elec Pw & Lt 28 2 ElecPw& Ltg6pf. 4 25 32 3 ElecPw & Lt §7 DL 12 26% 24% 55 39 Elec Stor Bat(23%). 8 56 55 % % Elk Horn Coal (d).. 2 . L] 1% % Elk Horn C pf (d)_. 132 125% Endicott-Job pf(7). 8% 1% Engineers Pub 8ve. 50 14 Eng Pub Sve $5 pf. 55 144 Eng P 8 $5.60 of ww 7% 4'3 Equit Ofies Bldg--. 14 Th Erfe R R ——— 17% 8% ErleRR1stpf ___ 23% 15 Evans Produets(1). 2% % FairbanksCo.. 9% 4 Fairbanks Co p! 29% 17 Falrbanks Morse__. 140 715 Fairb’ks-M pf 135 20% 5% Fed Lt & Tr 7's 3% Fed Motor T(lloe). 4's 2 Fed Screw Works__ 3% 7 Fed Water Sve (A). 25 16 Fed'd D Strs (t60¢) 43% 281 Fid Phoen FI 11.20 181 13% Firestone (40c) 961 Net change. +.1 +.4 Today’s close 738 25.6 Prev. day... 73.7 25.2 Month ago. 686 234 Year ago... 529 266 1935 high 216 1935 18.5 43.0 —.3 Unc. 428 540 43.1 54.0 375 495 276 400 431 54.0 216 3438 406 514 228 242 349 E 8.7 239 169 1929 high ..146.9 153.9 184.3 157.7 1927 low... 51.6 953 61.8 61.8 (x) New 1935 high. (Compiled by the Associated Press) #*S#S #######S FE EFEE FEF2 s 66 66 146% 144% 24% 24% 58% &7 12 112 112 + % 92% — Th 33% + 4 U4 + % 1% 6% — 14 23% — % 281 =1 11% 4% 345 374 10% 20% 69 29% =y -1 6% 7 166 166 159 159 8 36% — % 124 +1% 9% — % 6% — % 6 — % 24% - % 24% —3% 56 +1'4 K—-% -% 8 16 36% 36 40s 112% 111 11 9% 9% 9 6% 6% 78 6% 6 24% 4 187% 18 18% 112% 111 112% + 2% 2% 2% 110s 32 32 32 57 33% 32% 3% + 1 28% 28% 28% 319 195 195 9 10% 11 7% 18 + 66 66% — 9% 9% — 10 10% 57 57 3 ll?h 112% + 9% — 3315 — 23% + @ RANDE RS AN 0 144 T BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, November 9.—The stock market sobered today after its utilities spree of yesterday and mod- erately mixed price movements marked gcomparatively quiet dealings. Some of the rails and specialties were firm, while mild profit-taking ap- peared in various power and light is- sues. Fractional changes predom- inated at the irregular close. Trans- fers approximated 1,100,000 shares. Shares of Chesapeake Corp. camc to life for a gain of about 3 points. Owens-Illinois Glass was up 6 or so on a few transfers. Commercial sol- vents was a lively performer at a gain of a point. Others, up fractions to | more than 1, included Chesapeake & | Ohio, Union Pacific, Santa Fe, N. Y. Central, Western Union, Bark Bros., National Acme, North Ameri- can Aviation and Westinghouse Air Brake. Among the hesitant issuej | were American Telephone, Consoli- dated Gas, Public Service of New Jersey, United Corp. Mid-Continental Petroleum, Skelly Oil and Electric Auto-Lite. The steel and motori were a shade either way. With officials of prominent power and light holding companies silent on whethep they will register with the 8. E. C. by December 1, as requireg - e 131 % TH— % 4T 2% 53 — 14 5% — la 10% + % 13% — 4 21% +1% 1% — % Th~th 28% + % 137 -1 19 Cunen 1+4+1 1+ % 18% N ¥ Airbrake _ 12% N Y Central R R.. 6 N Y Chicago & St 9%NYChi&StLpf 4 NY Dock pt. = FPEE FREFE aala 23 11% 23% 11's i) 2% % 1% 2 1% 83 195" 4 = 20% 30% 95% 5% NYNH&Hart D!ldi % N Y Rys pf stpd(d). 12N Y Rwys pf (d).— 64 N Y Shipbuildi 69 N Y Steam pf ( 196 158 Norfolk & W (18)__ 4% 2 North Am Aviation 28 9 North Amer Co (1) 53% 35 North Am Co pf (3) 99 57 North Am Ed pf (6) 21% 13% Northern Pacific __ 615 35% Northwest Tel (3)_. 2% 1% Norwalk Tire&Rub. 667i9l 4% 27T% 268 53% 929 1913 501 24 FEF EXaF ® FIFEF 973 Foster- Wheeler 19% Four Nat Iww al.10 17% Freeport-Texas (1) 15 Fuller Co pr pf 4% Fuller Co 24 pf. —_— riel Co (A Am Inv en Am ’I‘nnlui) en Asphalt(a2sc) . Baking (60¢) .. Baking ot (8)-. 14% 9% Ohio Oil (a30e)____. 24% 16y Oliver Farm Equip. 13% 35 Omnibus Corp vte_. 11% 4% Oppenheim Collins.. 22 11’4 Otis Elevator (60c). 2 106 Otis Elev pt (6)_. 4'4 Otis Steel 1% 218 12 11w 208, 't 122'5 15% 526 125\\ 80 Owens-1ll Gllnl‘) _— 17% 14 Pac Am Fisherie 21 Pacific Coast 20 53% Una-Ell-Fisher (2). 29 Union Bag&Pap (2) 44 UnCarb&C (1.60). - 19 Gen Cable pf. The savings banks boosted deposits by $2,450,087.26, the McLachlen Bank heading the increases, followed by the City Bank and the Security Savings & Commercial. The trust companies lifted their ag- gregate deposits by $6,468,292.98. In this group the American Security & Trust Co. made the largest gain and the National Savings & Trust Co. stood second. In all these groups some of the smaller banks had as large or larger percentage gains in depos'ts. Deposits, November 1, 1935. According to the compilation by Mr. Savage, the individual banks reported the following deposits as of Novem- ber 1, 1935: NATIONAL BANKS. - $9,440,975.42 4,881,105.29 18,429,780.01 5.466,323.76 8,964,622.65 25,957,368.21 2,529,489.86 86.600,127.29 6,596,429.99 $168,866,222.48 SAVINGS BANKS. Anacostia - $1,516,408.80 City - 5,854,623.25 Commerce and Savings 2,471439.34 East Washington . 941,728.16 Industrial - 344,076.03 McLachlen _ 4.136,579.80 Morris Plan Bank_ 1,176,923.98 Security Savings Com. . 6.575,220.03 $23,016,999.39 TRUST COMPANIES. American Security - $43.711,525.62 - 5,360,620.61 16,918,894.95 9,717,686.85 22,608,677.71 National Savings --... Union Trust .. - ‘Washington Loan ... Total - $98,317,405.14 RECAPITULATION. National Banks -$168,866,222.48 Savings banks . - 23,016,999.39 Trust companies ....__. 98,317,405.14 Total .. CHANGES APPROVED FOR HOLLY SUGAR -$290.200,627.01 72 Asso Dry Goods.___. 35% Atch To&S Fe (a2). 19% Atlantic Coast Line 3 Atl Gulf&W Ind 6 Atl Gulf&W Ind pf. 203 Atlantic Ref (1)_... 323, Atlas Powder (2)... 4 Atlas Tack__ 15 Auburn Auto 5'3 Austin Nichol 35! Austin N pf A ( 2% Aviation Corp(Del) T TS P S AR -t S 49 _— ) 18 23 914 Baltimore & Oh pf_. 4915 3614 Bang & Aroos (23%4) 115 106% Bang & Aroos pf(7) 11% 3% Barker Brothers... 77!3 32 Barker Brothers pf 12 5% Barnsdall Corp t60e 55 371, Bayuk Cigar (11)__ 19 14 Beatrice Cre (250c). 108% 1005 Beatrice Cre pf (7). 95 72 Beech-Nut P (13)__. 14% 11% Belding-Hem (1)__. 24'; 11% Bendix Av (a25c) _. 19% 15% Beneficial Lo (1%). 57% 34 Best&Co(2). . 4413 21%; Bethlehem Steel 117's 55% Beth Steel pf 1315 16% 9% Blaw-Knox 83 284 Blumenthal pf 16% 64 Boeing Alrplan: 5974 39% Bohn Alum &Br (3) 38% Bon Ami (B) (12).. 21 Borden Co (1.60) 28% Borg-Warner (2) 815 Bridgep’t Brass 400 24%; Briggs Mfg (12)__.. 23 Briggs & Strat (3) . 30% Bristol-Myers (2)_ 3614 Bklyn-Man Tr (3) __ 90 Bklyn-Man T pf(6). 43 Bklyn Un Gas (3 3% Brunswick- Balke. 4% Bucyrus-Brie_ 815 Bucyrus-Ecvpf __. 62% Bucyrus-Erie pf 13 3% Budd(EGIMIg____. 2! Budd Wheel . 8% Bullard Co . % Burns Bro B (fl)... 3 Burns Bropf (d) 13% Burr Ad Mch(760c). 1 Bush Terminal «d). 1% Butte Copper&Zine. % Butterick Co (d) 11% Byers (A M) » 32 Byers (A M) of 301 California Pkg(1%) 14 Callahan Zine . .. 215 Calumet & Hecla___ T'a Campbell-Wy (1) . 8% Can Dry Gin Ale_._ 8% Canadian Pacific._.. ‘apital Admin (A). 45% Case (J 1) Co.____. 36% Caterpillar Tr (11)- 19% Celanese Corp ... 22% Cent Aguire (1%)_. 1'3 Balawin Loco (d) .. 3008 308 31 FlHl++1+ SRPELLEE A IR e ) 1A+ o+ FF # & FF 8§88 FEisedsd I+ttt |+ + LR FES £ EF FEFF 3 8 131, 27% 6!y 118 25% 1 412 4z 28'% % 56 §'s 1315 1T 3 17% 2% 36% 121 100% 8% 23% 9 5 42% Tha 128 122 104 Hershey Ch pf (14). 50 GenCigar (t4).___. 203 Gen Elestric (30c) 30 Gen Foods (1.80) .. % Gen Gas & El (A) -~ 59% Gen Mills (3) 26% Gen Motors (2) .. 107', Gen Motors pf (5).. 3 Gen Outdoor Adv... 17% Gen Print Ink(1.60) 1%a Gen Public Service. 15% Gen Ry Signal (1).. % Gen Realty & Util_ 14% Gen Real & U pf ww 16% Gen Refractories 12 Gillett Saf Ras (1) 2'a Gimbel Bro: 18 Gimbel Bro: 23% Glidden Co (11) 1'2 Gobel (Adolf) (4 14% Gold Dust (1.20) 7'3 Goodrich (B F) 40 Goodrich (B F) pf._. 15% Goodyear T&R . __. 70 Goodyear $7 pf (4). 213 Gotham Silk Hose__ 1% Graham-Paige._. 5% Granby Consol..... 24 Grand Union __. 26 Grant (W T) (11).. 9% Grt Northern pf . 26% Grt West Sug (2.40) 119 Grt West Sug of(7) 201, Greyhound Corp . - 48 Guif States St 1st. 4 Hall W F Printing_. 6'3 Hamilton Watch __ 16 Harbison Walk (1). 1% Hayes Body ... Hercules Pw pf (7) 5% Holland Furnace __ 6% Holland & Son (50¢) 338 Homestake (112) __ 307 Houd-Hersh (2%) A 63 H'daille-Mers B(1). 1's Houston O1] (new)._ 43 Howe Sound (13)_.. 2% Hudson & Manhat._ 6'3 Hudson & Man pf__. 6% Hudson Motor Car. % Hupp Motors = 915 Illinois Central 214 Indian Refining._. 231 Indus Rayon (1.68). 60% Ingersoll-Rand (3). 46% Inland Steel (13)__. 214 Inspiration Copper.. 8% Interboro R T (d) .- 4% Interlake Iron. . ... 2% Int Agricultural __. 26 Int Agricul prpf __ 3% Int Car'rs Lid (20¢) 22% Int Cement (1) _. 34% int Harvester §0e) - 1% Int Hydro Elec (A). 22% Int Nick(Can)aTée.. 11 Int Paper & Pw (A). 4' Int Paper & Pw pf __ 21% Int Print Ink(1.40). 25% Int Salt (1%) - - e mawtane~tatEnan—aanSme o 1 I++l 441 ¥ FXEPEFEERISIET | + I+ +Es [ ++ FEE G 124 {12 | 1% 81y 13% Pu:llloOlE Il% - 19 Pacific Ltg (2.40)__. 12 Pacific Milis ___ 6% Pac Wn Oil (b40¢) 313 Packard Motor: 8 Paramount Pie 76 Param’t Pic 1at pf. 94 Param’t Plc 24 pf__. 2% Park Utah . s Parmeles Transp't_. 4% Pathe Film Corp. 8l Patino Mines 4 Peerless Motor 6415 Penick & Ford (3) 574 Penney J C (2) - 2% Penn Coal & Cok 3 Penn Dixie Cement. 18 Penn DixteCpf A__ 17% Penn R R (ab0e) _17% Peoples Gas Ch1 13 Pere Marquette pf. 1613 Pere Marq pr pf.. 13%3 Pet Milk (1) T% Pet C'p of Am a8 Pfeiffer Brew (11)_ 12% Phelps Dodge a50c._. 23 Phila Co 6% pf (3). 1% Phila & Read C&1.. 35% Philip Morris (1) 138, Phillips Petrol(t1 50 Phoenix H pf (3%3)- % Plerce Oil - % Pierce Petroleum._.. 7 PittsCoal - 51 Pitts Screw & Bolt_. 2413 Pitts United C pf-_. 65 Plymouth Oil....... 6 Poor & Co (B).. 1% Porto R Am Tob(A) % Porto R Am Tob(B) 4% Postal Tel&C pf (d) % Pressed Stl Car (d). 42% Proc & Gamb(f115). 20% Pub Sve N J (2.40)_ 62% Pub Sve NJ pf (5).. 73 PubSve NJpf (6)_ 293 Pullman, Inec (1%). 574 Pure Ol 49% Pure O11 3% Df 8% Purity Bakeries (1) _— 4 Radio Corporation . 50 RadioC'ppf A (3%) 35% Radio Corppf B.__ 1% Radio-Keith-Or () 4% R R Sec [11 Cent.. 16% Raybestos-Man 29% Reading (2). 33 Reading 2d pf (2 3% Real 81k Hosiery.. "ou Real Silk Hos Remington-Kand 21'/- Rem-Rand 5% pr pf. 2% Reo Motor Car..... 9 Republic Steel 28% Republic Steel pf__. 78'3 Republic Stl pf A__. 13 Revere Copper (A)_ 75 RevereC& B pf. 17'4 Reynolds Metals (1, 12% Reyn’lds Sprimg(1). 43% Reynolds Tob B (3) 5% Ritter Dental . 29% Royal Dal.70 1-10c. 24 47 108 14 235 2 15 10 +1 A |4+ £ rrr v Lisl+ FisE > ¥ & 3% 4% 2 87 49% 1% 6l 5414 84% 89% E; 140% 119' U ¢ Tobaeco (5. 2 51 9% United Atreraft.___ 4'3 United Alr Line vte 7 United Am Bosch__. 14% Unit-Carr Fast (1], 46 United Carbon 2. 1!5 United Corp.__. 20% United Corp pf Il)_ 8% United Drug.____. 43 United Dyewood._ . 65 United Dyew pf (7) 3% United Eiec Coal__. 60's United Fruit (3)___ 9% United Gas Imp (1) 5 U S Distributing pt 415 U S & For'n Secur.... 11 USFreight (1) .. 40% U S Gypsum (1) 5 USHoffman..____. 35% U S Ind Alcohol (2) 7% U S Leather A vtc__ 53 US Leath pr pf vte. 14% U S Pipe & F (50c) . 19% U S P&F 1st pf 1.20 3 USRealty & Imp_. 9% U S Rubber. . _____._ 243 U S Rubber 1st pf__ 92 USSm & Ref (a8)._ 62% USSm & R pf (3%) 2713 U S Steer__ 73% U S Steel pi " 10D * 0 PP Y3 TP TOTes -] 3! United Stores (A).-. Univ Leaf Tob (12) 29 Univ Pic 1st ptd 7 Univ Pipe & Rad(d) 9% Univ Pipe&R pf(d). Utll Pw & Lt (A) . 11% Vanadium Corp 11% Van Raalte (as0c).. 91 Van Ral 1stpf (7).. 2% Va-Car Chemical. . 17%; Va-Car Chem 6 15 ValronC&Cpf __ _— 1% Wabash pf A (d)-_. 120 114 Walgreen pf (6%).. 1% Walworth Ce (d) . 1% Ward Baking (B).. 21 Warner Bros Plo___ 1413 Warner Bros Pic pf % Warner-Quin (d)-.. 233 Warren Bros..___.. 30'% Wesson O&S (150c) 72 Wesson O&S pf (4). 36 West Pa Elec pf (8) 39% West Pa Elec pf (7) 95 West Pa Pwr pf (6) 5t Western Maryland_ 2% Western Pacific pf_ 20% Western Union .___ 18 West'gh'se A B 60c. 325 Westingh'se Elal__ 90 Westhse 1st pf 3% 16% Westvaco Chi “40¢) 14% Wheeling Steel ___. 46'2 Wheel St1 nf(tl%). 6% White Motor 6 White Sew Mch pf_. 3% Wilson & Co (50¢).. 58 Wilson & Co pf (6). o 608 2 3 108 was the the the wise.” by the law which was found uncon- stitutional in Baltimore, Wall Streel guessing as to just what action Federal authorities will take in | the event registrations are not forth- coming. Considerable attention was paid to the statement of Chairman Landis of in which he said thy nolding company act “is valid unti Supreme Court declares other« He also warned holding con- cerns that if they did not register before the first of next month much of their corporate activity tainted with questionable legality. S. E. C. will Construction Loans In the District of Columbia and Nearby Maryland and Virginia. EAVER BRO REALTORS Loan Correspondent Metropolitan Life Insurance Company Washington Bids. First Mortgage Notes 60/0 Interest Secured on homes in the District of Columbia. Wm. H. Saunders Co., Inc. 1519 K St. N.W. MONEY FOR CONSTRUCT'ON LOANS and LOANS ON IMPROVED PROPERTIES 512% FIRST DEED OF TRUST ONLY GEORGEI. BORGER Suecessor _to the business of JAMES F SHEA DI 9186, Dist. 1015 51 Woolworth (2.40).. 11% Worthington Pump. 26% Worth Pump pf A__ 4 20 Worth Pumppf B.. 17% Yale & Towne (60¢) 2% Yellow Truck 31% Yellow Truck pt 18 Young Spr& W (3). 13 YoungstownS& T. 38% Youngst'wn S&T pf —_— 13% 1% Zenith Radlo. 6% 2% Zonite Product: 38% Cerro de Pasco (4)_ A1 AR 3% Certain-teed Prod __ 23 Certainteed Pr pf.. 4% Checker Cab Mfg. 37'% Ches & Ohio (2.80) 36 Chesapeake Corp(3) % Chi & East 11l pt (d) 1% Chi & Grt W pt (d)- 15% Chi Mail Order (t1) % Chi Mil StP&P (d). % Chi M StP&P of (4) 4% Chi Pneumatic Tool 20 Chi Pneu Tool of... % Chi R 1&Pac (d)._. 1% Chi R 1&P 6% vf(d) 9% Chi Yellow Cab (1) 25 Chickasha C O (2).. 3!3 Childs Co 9 Chile Cop (a25¢) . 31 Chrysler Corp (3)_. 12 City ice & Fuel (3) 34 City Stores . 12% Clark Equip (30c) .. 27% Clev Graph Br (t1). 20 Cluett Peabody (1)- 161% Coca-Cola (8) ... 53% Coca-Cola A (3) __. 15% Colgate-P-P(t50c). 9 Collins&Aik(as0c)_. 69% Collins & Atk pf (7) 6% Colonia) Beacon Oil 7 Colo & Sou 1st of__. 3% Col G & Kl (a30e) . 36% ColG & K pt A (6).. 31 ColG&EDSf (5)... 34% Colum Pic vte (t1)_ 67 Colum Carbon (t4)- 391 Come Credit (2% )_ 564 Comcl Inv Tr(13.80) 97% Comel In T pf (4% ). 16'% Comel Solv (160¢) % Comw & Southern. 29% Comw & Sou pt (3). 27 Congoleum-N(1.60) 9 Congress Cgr (a2)._. 16 Conn Ry & Light___ 3% Consol Fiim 14% Cons Film pf (313%) % 15% Consol Gas N ¥ (1). 72% Consol Gas pf (5)_ 6% Consol O1] (825¢) ... % Consol Textile ... 8% Contatner Corp (A). 2% Container Corp (B). 4% Contl Baking (A) ... % Contl Baking (B).. 62% Contl Can (3) ... 7 Contl Dia P (abbc).. 28% Contl lnsur (11.30). % Contl Motors - 16% Centl O Del ab3%e. 6U% 41% Corn Ex Bk&Tr (3). 78% 60 Corn Prod Ref (8)_. 165 148% Corn Prod pf (7). 4% Coty lne e 36% Cream of Wh (13)._. 11% Crosley Rad (a2be) 28% Crown C & 8 (11)__. 31 Crown Zelleb'k vte. 14 Crucible Steal 404 Sug 42 Int Shoe (3) _ 60% Int Silver pf 5% Lnt Tel & Tel 87 [nterstate Dept St_. 24! Island Creek C (2) 67 49 Jewel Tea (3) 94% 3815 Johns-Manv (ab0c). 92% 50 Jones&Laugh?%pf. —_— 13% 6% Kans City South pf. 19% T Kaufm'n D 8 (30c)_ 31% 28% 18% 28% Btockholders Ratify Proposal Pro- viding for Split-Up of Com- mon Shares. By the Associated Press. NEW YORK, November 9.—Stock- holders of the Holly Sugar Corp. at & special meeting yesterday ratified the company’s proposals for capital changes involving a split-up of the common stock and a plan for special compensation for officers and certain employes. As previously announced, the com- pany will increase common stock from 100,000 to 500,000 shares to provide for a five-for-one split-up. At the same time preferred stock will be reduced from 53,000 shares to 31800 shares. Officials of the company at the meeting stated that application would be made to list the shares on the New York Stock Exchange. They are now traded ‘on the New York Curb Ex- change. The company, it was stated, ex- pects to make a crop of around 3,- 700,000 bags, against last year's pro- duction of 3,633,824 bags. PROVIDENT MUTUAL'S DIVIDEND UNCHANGED @pecial Dispatch to The Star. NEW YORK, November 9.—M. A. Linton, president of the Provident Mutusl Life Insurance Co. of Phila- delphia, has announced that the present general dividend scale of the company will be continued for the calendar year 1936. The interest rate on optional settle- ments and on dividends left to ac- cumulate with the company will be 4 per cent, Mr. Linton said. 46 32y Safeway Stoves (3). 30 11415109 Safeway Strapf (1) 40s 23% 10% St Joseph Ld (40¢)_ 215 1 StL-San Frof (d)- 12% 6 Savage Arm 22 Schenley 8 Schulte Re Stra pf. % Seaboard Air L (d). 20% Seab’d O Del (160¢) 2% Seagrave Corp - 31% Sears Roebuck (12) at Inv p! o % Servel Inc (a12%e). 35 A Rights 9 Sharon Steel Hoop. 11 1 % Budd Mfg. Apr.16 6 1% - 3% Sharp & Dohme_. _ 4 Approximate Sales of Stocks on the N. ¥. Stock Exchange. 614 SQUARE FEET 41% Sharp& Dpf (3%). 3 11:00 A.M......, 570,000 12:00 Noon..... 1,170,000 7% Shatt.ick(F G)(26¢) Dividend rates as given in the apsve tal 1621 CONN. AVE. N.W. 5% Shell 1nion Ol __. o 1150 1atest durioriy oF Bast Searty dioak o | 3 rooms. suitabie for profcssional 63% Shell Union Ofl pf._. s, 7 AnDual rate s plus purposes; elevator serv: 6 Simmons Co - e REN’ 4% Simms Pet (af0e). ~~STORES— 1616 K ST. N.W. New York Cotton round floor: heat furnished: By the associated Press. aDbroXimately 1100 square feet RENT—$90.00. B. F. SAUL CO. NEW YORK, November 9.—Cotton National 2100 923 15th St. N.W. futures opened firm, 8 to 13 higher in response to better Liverpool cables and on active foreign and commission house buying. December, 11.40; Janu- ary, 11.38; March, 11.27; May, 11.26; July, 11.25; October, 11.01. December sold up to 11.41 and May 11.27 on opening demand, making net advances of about 10 to 13 points on active positions. This met realizing | show and prices eased off slightly after the | Fu: call. At the end of the first hour | co December was selling around 11.37, flthfllelmefllmtdwlpdnu higher. Liverpool cables attributed the ld- OM llocke“ nnfl vance there to continued firmness of n the market for Egyptian cotton. Putures closed steady. 7 to 10 higher. High. FEOEFE TEF —OFFICES— SAUL BUILDING 925 15th ST. N.W Ideal iocation ovposite McPher- son Square: elevator building. well kept and under constant super- vision SINGLE ROOM £ TWO-ROOM SUITE THREE ROOM SUITE 923 15th ST. N.W. LEVATOR SERVICE_ TEaEERLS F& o SRR & FFF s 25 33 3 100% 5 11y 6 5% FEIEEFES 0e) . 13% Konmoon c 60e) . 5% 2% Kim R) Co... 27% 19% Kresge ls S) ll) — 22% Kroj Ainc M Eroxmasniiy 21% Lambert Co (3) - 5 Lane Bryant . 8% Lee Rubber (50¢) ... 10% Lieb Port Cement .. 1% Lehigh Valley Coal. 5% Lehigh Val Coal pf. 5 Lehigh Valley R R.. 67% Lehman C (+2.40)__ 10% Lehn & Fink (1) 6% Libby McNeill & L._ 21% Lib-O-Ford G1(1.20) 93% Ligg & Myers (14)B 16% Lily Tulip Cup(1%) 17% Link Belt (80¢) ... 24% Liquid Carb (11)... 31% Loew's In¢ (3) cccue 1 Loft'ine 1% Long Bell Lum (A). 18% Lorillard P (+1.30). % La Ofl Ref (4) 10% Louisv GEEDIA 1%. 34 Louis&Nash(a2%). 28 McCall Corp (3)._.. 7% McCrory Stores (d). 6% McCrory Strs B (d). 57% McCrory of (4). ... T4 McGraw Hill Pub._.. 33% Mcintyre Porcu (2) 90% McKeesport T P (4) (YIRS .3 P, EEREFEER P 25 37 xEx di - -5 mid- :.’Ifixr‘ll in_pence: Ame:lun l(rlca =zofl o nifling. &7 muodling, 30, et o - §:40: low m it = mtll.n 6, 5: good ordinary. 5.65. 150-180 pounds. shippers took 200 —_— FEDERAL LAND BANKS NEW YORK. November 9 (P).—Federal Land Bank bonds: Bid. Asked. {an 1086:36 --....- 101} : sows. 9.10a40: ted holdover. 500. 30s 13% 13% 112 15 14% 6 89% 89 408 9% AT% 4T% 47% 1% 17 117 18% 184k 18% 41% 34 - % -1% CHICAGO LIVE STOCK. CHICAGO, November 9 ent of rlonlturel—cn-tle Stlul Denlnm-”d WIA‘P!D.C ik e K"'rfer."mfm‘.‘;‘m.‘;..mn.':'.'m"",“mn ter undertone: - BA=N RO ARON O 00 48% + % 58 9% — % 21 414 2% 67 —2% 40% - % 20% +1% 18% — % 5% — % 19 =3 32% 32% 32% — ¥ umuox 102% + % D!‘ Shiifi lflt l'lh % un- 1955 .H’ Mly 1955-45 e |35 July 1955-45 - Mortgage Money For CONSTRUCTION LOANS AND LOANS ON IM. PR.OVED RESIDEN- TIAL PROPERTY 5Y2% Prompt action B. F. SAUL CO. 925 15th St Natl. 2100 Sa 48% 34% — % 12% 12 98% 4%~ % 35% — % % — 49% + % 13% + % 2% + % 52% — % 334 — % SHORT-TERM SEcmms (Reporiea by Chas. D. Bamey & Co a.lflnmmm i Ganadian Nu‘r‘knn.. & Ohio Ry. Bs es. L‘hl Oll Lt & Eni: Sorchwest, 6 a8 s i 50 next lnden heifers, 35240 tters ' strol 8.75; all A ~ =3 =..=......§...... 2 0 50 10 4 DD OV DD e e B 4 1 R DD IS DD OB ek et ek RO » Truck 30% Macy (R H)& Co(2) 18% Magraa Copper (2). 4 Manati Sug pf (d).. 3 Mandel Bros. ... 13% Man Bl md gtd (). 1 Maracaibo Oil Exp.. 5%, Marine Midld (40¢) 20 Marlin-Rockwell(3) fl Marshall Fleld & Co Martin Parry ... 33% m Mathieson Alk(1%) I:a May le Str (1.60) 41 lllvfl.lo Shoe (3)-— 3 MengelCo .cceuee 20% Mengel Co D!._-. 22 ; Mereh&M Tr (1.60 RECORD DATE FIXED. NEW YORK, November 9§ (P).— Allis-Chalmers Manufacturing Co. has set November 18 as the record date for stockholders to be entitled to sub- Gre: rthern Ry. 78 itnof e cemnl 6las 19 Intl. Tel & Tel 4 - =§==34uus le & Nash. 5s uum- n C!nlrll h HM( o Chi. 1037 01 New wrh- River 530 Eean-Dixle Cement 6s 1041 87 Benna. RR Co olas 1836 Reb-tron & steel 55 1040-- 1 Gr. Western 45 1039, . December, m.nm latter nnu‘%mmz January, 10.44b; March, 104 Tedium ,.“'"" ;. May, 1053. Sales, 13 contracts. b—Bid. 2 b subscribe for 10-446 of one $500 deben- ture at par plus intereph.