Evening Star Newspaper, November 25, 1935, Page 17

FINANCIAL, SAVINGS LEADER HAS FINE RECORD Philip A. Benson Well Known Among Bankers in Washington. BY EDWARD C. STONE. Philip A. Benson, president and trustee of the Dime Savings Bank of Brooklyn, who was elected president of the Savings Division of the American Bank- ers’ Association at the annual convention in New Orleans, is § well known ' to Washington bankers, Mr. Benson was born in New York City in 1881, graduated from New York W University and qualified for cer- tified public ac- countant in New York. His first busi- ness connection was with the Phenix | Insurance Co. in Brooklyn, and he has since been employed by the Mutual Lite Insurance Co. of New York, and | Realty Associates of Brooklyn. With | the Dime Savings Bank of Brooklyn | Mr. Benson has been assistant secre- tary, secretary, treasurer and, finally, president. Mr. Benson is a trustee of the Title Guarantee & Trust Co., member| Advisory Board Chemical Bank & | Trust Co., director Commonwealth Insurance Co. of New York, and a di- \, rector and member of Finance Com- " mittee Guardian Life Insurance Co. of America. He is chairman of the Banking and Investment Division of the American Red Cross and a mem- ber of the Executive and Budget Com- mittees of that organization. He is a vice president of the Brooklyn Cham- ber of Commerce, and also of the Downtown Brooklyn Association. He | {s a member of the Mayor's Airporc; Committee and the Committee for the World Fair in New York State. Besides his activities in the Ameri- | tan Bankers' Association, wherein he | has been vice president of the Savings Division during the past year, Mr.| Benson has been active in other or- ganizations. He has served as pres)- “4 dent of the Railroad Security Owners’ Association; member ot the !:xecuuve Committee, National Association of | Mutual Savings Banks; member com- mission to study banking structure of New York State Bankers' Association; director, Savings Banks Trust Co., and of Institutional Securities Corp.. and & member of the Savings Banks Asso- ciation of the State of New York. N Mr. Benson is married and has four children, is a Republican, belongs to the Bankers, Montauk, Sea CIiff Yacht and Economic Clubs, all of New York. He is also a trustee of the Citizens' Budget Commission, and of the Long Island College of Medicine, director of Adelphi Academy, Stony Brook Assembly and Brooklyn Insti- tute of Arts and Sciences, member Brooklyn Better Housing Committee | and Advisory Committee of the State of New York Insurance Department. Analysis of Investments. The Treasury today made public an analysis of the assets and liabilities of corporations submitting balance sheets in 1933, in connection with their in- come tax returns. Investments were 31.3 per cent of total assets in 1933, exactly the same proportion as in 1932. But tax- exempt investments constituted 16.1 per cent of total investments in 1933, compared with 13.6 per cent in 1932. Cash in relation to total assets, like invest- ments, showed no change over the 1932 figure, remaining at 5.7 per cent. Balance sheets, as of December 31, 1933, or at the close of the fiscal year | nearest that date, were submitted by 388,564 corporations. Total assets of these corporaticas amounted to $268.- 206,000,000. The number of corpora- tions showing net income was 100,941. Their total assets amounted to| $90,128,000,000.. In 1932, balance | sheets were submitted by 392,021 cor- porations with total assets of $280,- 083,000,000. Of these corporations, 73,291, with total assets of $84,073,- 000,000, showed net income. Fewer Statements Filed. A decline in the filing of new se- eurity issues by power companies has accompanied the approach of the De- cember 1 deadline for registration of holding units under the utilities act, the Associated Press says. The lull follows the biggest rush of utility refunding on record, resulting in the registration of about $1,000,- 000,000 from that guarter alone this year. The corporate refinancing move- ment which started early in the year has been led by utilities. Fourteen power issues, ranging from $30,000,000 to $70,000,000, ran up a total of more than $600,000,000. In October, according to records of the Securities Commission, utility | issues released for sale totaled $163,- 000,000, about 40 per cent of the total. ‘The rush continued into this month, then subsided. Rapid Transit Net Higher. Washington Rapid Transit Co. showed an increase in net income for both the month of October and for the year to date, as compared with the same periods last year, ac- cording to the monthly report of the company filed with the Public Utili- ties Commission. Net income jumped from $1.346.90 in October 1934 to $3,947 in October 1935, a gain of $2,60010. Net income increased from $6,486.69 for the 1934 year to date, to $33,543.567 for the 1935 year to date, an increase of | $27,056.88. Operating revenues showed a cor- responding increase, from $36,283.96 in October 1934, to $41,071.84 in| October 1935; and from $336,065.35 ! in the 1934 year to date, to $375,131.97 for the 1935 year -fo date. income showed a gain - Philip A. Benson. < 173 £ 104% Air Reduction (13). THE EVENING STAR, WASHINGTON, D. €, MONDAY By private wire IIMI h 'l'll Star. Stock and 8- Low. Dividend Rate. 51 Acme Steel (t: 4% Adams Expre! 84% Adams Exp pf (5).. 28 Adams Millis (2)... 8 Addresso M (a30c). 61 Affillated Prod(60c) . 1038 35% 19% 8%, % Air-Way Elec Appl. 13% Alaska Jun (160¢).. * Alleg Corp (d) 2% Alleg pf w830w (d). 2 Alleg pf w40w (d). 18 Alleg pf xw /d) .- 6% Alleg pr of (d) _ 30%; 21 Allegheny Stl (1).. 173 125 Allled Chem (6) 129 122'4 Allied Chem pf (7). 9 3'% Allied Stores 75% 49 Alliled Stores pf |5) 377% 12 Allis-Chalm ex rts 22% 14 Alpha Port Cmt (1) 4% 2% Amal Leather. . 7% 48! Amerada Corp (2)__ 57% 41': Am Ag Ch(Del)(3). 47% 13 Am Bank Note __._ 41% 21 Am Brk Shoe (1) 149% 110 AmCan (t4) ___. 168 151% Am Can pf (7) - 10 Am Car & Foundry. 25'; Am Car & Fdry pf.. 8 AmChain _ . 38 Am Chain pf !H'A) 66 Am Chicle (13) ___. 22'; Am Comecl Alcohol._. 6'2 Am Crystal Sugar 72 Am Crys S 1st pf(8) % Am Encaustic (d) .. 2 Am & Foreign Pwr 14 Am & For Pw §$7 pf 3 Am Hide & L (new) 28 Am Hide & L pf (n) 914 Am Home Pr (2.40) 17 Am tce 14'% Am Ice pf (a5) - 4': Am International 9 Am Locomotive 82 Am Locomotive pf_. Am Mch & F (180c). Am Mch & Metals 2 Am Metal 24 Am News (1%) ___ 112 Am Power & Light 8% Am P&L S.mf[al’i) 10'« Am P&L $6pf(aliz) 10': Am Radiator 34': Am Radlator pf (7) 15% Am Roll Mills a30c. 66 Am Safety Raz (5)- 415 Am Seating vic _.. 20 Am Shipbldg (2)._. 31% Am Sm & Refining_. 103 Am Sm&Ref pf (6). 121 Am Sm&Ref pf (7). 12 Am Steel Foundry .. 88 Am Stl Fdry pf (2)- 33': Am Stores (2) « Am Sugar (2) Am Sugar pf (7). __ Am Sumat Tob (t1) %« Am Tel & Tel (9) ... 2 Am Tobacco (5) . 74% Am Tobacco(B)(5). 129'< Am Tobacco pf (6)- 2 Am Type Fdrs (d).. 9 Am Type F nf (d) 714 Am Wat Works._ 473 Am Woolen 35': Am Woolen pf 2% Am Writ Pap pf (d) 3 Am Zinc & Lead ... 8 Anaconda Copper.. 107 Anchor Cap (60c) . 3!s Andes Copper . 836 Archer-Dan-M(t1). 3% Armour of [llinois.. 5513 Arm'r(I11)pr pf(6) . : 16': Armstr'g Cork (+1). 4 Arnold Constable.. 713 Asso Dry Goods 353 Atch To&S Fe (a2). 668 Atch To&S Fe pf (5) 19'; Atlantic Coast Line 6 Atl Gulf&W Ind pf. 20!; Atlantic Ref (1) 4 Atlas Tack 15 Auburn Auto _ 513 Austin Nichols 2% Aviation Corp (D 11; Baldwin Loeo (d) 7'z Baldwin Loco pf (d) 7!, Baltimore & Ohio . 91z Baltimore & Oh pf 4 100% Bamberger pf (613) 36'x Bang & Aroos (2%) 3' Barker Brothers 57 Barnsdall Corp t60¢ 37!z Bayuk Cigar (11) _. 14 Beatrice Cre (a50<) 72 Beech-Nut P (13).. 11'4 Belding-Hem (1) 11% Bendix Avia (a25¢c). 15'x Beneficial Lo (13). 34 Best&Co(2). __.. 21% Bethlehem Steel___ 55% Betb Steel pf (1315) 14% Bigelow-San Corp. 95, Blaw-Knox 28% Blumenthal pf 614 Boeing Airplan 39% Bohn Alum & Br (3) 90 Bon Arfni (A)(t4)__. 38% Bon Ami (B)(t2).. 21 Borden Co (1.60) 281 Borg-Warner (2).. 3% Boston & Maine____ 8'; Bridgep't Brass 40c v 241, Briggs Mfz (12) 36'2 Bklyn-Man Tr (3) 90 Bklyn-Man T pf (6) 1% Bklyn & Queens 14 Bklyn & Qupf 133 _ 2 43 Bklyn Un Gas (3)_ 3% Brunswick-Balke... 4% Bucyrus-Erle _ ____ 8% Bucyrus-Erfe cv pf. 3% Budd(E G)Mfg 20‘6 Gu‘ 29% 72! 8Y% Bullard Co. 3% Bulova Watch_ 1 Burns Bros (A) (d)- % Burns Bro B (d) . 3 Burns Bros pf (d).. 2 13% Burr Ad Mch (t60c) 1 Bush Terminal (d). 1'% Butte Copper&Zine. 2 Butterick Co (d)... 11% Byers (A M) 32 Byers (A M) pfo.... 1 Callahan Zinc - 215 Calumet & Hecla_.. 7153 Campbell-Wy (1) 8! Can Dry Gin Ale 8%, Canadian Pacific-.. 30 Cannon Mills (2)__ 4% Capital Admin (A).. 45% Case (J I) Co__ 3615 Caterpillar Tr (1)~ 19% Celanese Corp .. 19 Celotex (new) 22Y% Cent Aguire (1%) 34 Central RROINJ.. 961 Century R M pf (7). 38% Cerro de Pasco (4)-. 3% Certain-teed Prod... 4% Checker Cab Mfg. 37% Ches & Ohio (2.80) _. 36 Chesapeake Corp(3) 74 Chi & East Ill pf (d) % Chi & Grt West (d)_ 1% Chi & Grt W pf (4) - % Chi Mil StP&P (d) . % Chi M StP&P pt (d) 1. Ch1 & N W (d) _ 3% Chi & N W pf (d) 4% Chi Pneumatic T 20 Chi Pneu Tool pf ... % ChiR 1 & Pac (d) . V%4 Chi R &P 6% pf(d) 15 Chi R 1&P 7% pf(d) 25 ChickashaCO (2).. 3% Childs Co 9 Chile Copper (-zsc) 31 'Chrysler Corp (3)__ 12 City Ice & Fuel (2)_ 69% City Ice&F pf (635) 3% City Stores. Tom 12% Clark Equip ) 27% Clev Graph Br (t1). Add oo. Bigh. 1t 96 s Tl 2 169'% 168% 114 16% 2% 10 111 10t 28 28Y% Nl'; 142% 160 160 I1++1 'fi. High. & - 3 [AER=a! FiEEEE i 2:00 p.m. Prev, 1035 Stock and Low. Dividend Rate.. 62 Consol Cigar pt (7). 3% Consol Film 14% Cons Film pf (31%) 15% Consol Gas N Y (1). 13 Consol Laundries. 61 Consol Ofl (a25c)-.. 13 Consol Textile ... 2% Consol R R Cuba pf. 8% Container Corp (A). 2% Container Corp (B). 43 Cont) Baking (A) 10:: gonn Baking (B) ‘ontl Baking pf (4 62% Contl Can (3) % 7 Contl Dia Fib a1.05_ 28% Contl Insur (11.20)_ * Cont] Motors —es 151 Contl O Del a6234¢ 41% Corn Ex BK&Tr (3). 60 Corn Prnd Ref (3)_. 4% Coty Inc 35% Cream of Wh (12) __ 11% Crosley Rad (a25e). 23% Crown C& S (1) __. 315 Crown Zelleb’k vte.. 14 Cructble Steel______ 1. OMNCe. .l 5 CubaRRopf. 54 Cuban-Am Sugar. 401 Cuban-Am Sug pf__ 39% Cudahy Pkg (2% ). 15 Curtis Publishing.. 891 Curti= Pub pf (7) 2 Curtiss Wright____ 63 Curtiss Wright (A). 16 Cutler-Ham (a25c). 6 Davega Store: 22% Deere & Co 19 Deere&Co pf($1.10) 20 Deisel Wem G 50¢ 2315 Delaware & Hudson De: Lack & West _ : Den&RIoGWp £ (d). Detroit Edison (4) _. 515 Devoe & R (11)(A). amord Mtch 115 I\ Dome Mines (12)___ 74 7% 2214 34%, " 10% 1% 5 1312 Dresser M{gA al 6% Dresser Mfg B ' Duluth S S & Atl 2 Dunhil Interna : 86 Du Pont (13.60 267x Du Pont deb (6) - 104 Duquesne Lt 1st(5 3% Eastern Roll Mills_. 110': Eastman Kod (15) 165 Eaton Mfg (1) 3% Eitington-Schild 19% Elec Auto L (a30c) - 37« Electric Boat , 5% Elec&Mus Ind a24c x 1% Elec Pw & Lt = 3 Elec Pw & Lt $7pf. 39 Elec Stor Bat 111 1 Elk Horn Coal (d) s, Elk Horn C pf (d) . 52% Endicott-John (3) __ 1's Enzineers Pub Sve_ 14 Eng PubSve$5pf_. Srie R R 813 Erfe R R 1st pf 6% Erie R R 2d pf 10'; Eureka Vac C (80¢) 15 Evans Products (1) % Fairbanks Co 4 Fairbanks Copf._ 17 Fairbanks Morse T11; Fairb'ks-M pt $3 5% Féd Lt & Tr 48 Fed Lt & Trpf (6) . 3% Fed Motor T (al0c). 2 Fed Screw Works *s Fed Water Sve (A). 1614 Fed'd D Strs (160c). 1314 Firestone (40c) 847 Firestone pf(A)(§ 44% First Nat Strs 19 Florsheim S (A)1 214 Follansbee Bros (d) 201, Food Machine (1)_- 97i Foster-Wheeler __ 19% Fourth N 1 wwal.10 30% Frank Sim pf(1514) 17% Freeport-Texas (1) 15 Fuller Co pr pf 4% Fuller Co 2d pt. 7 Gabriel Co (A) 7 Gamewell Co - 5'; Gen Am I[nvestors__ 32%. Gen Am Trans(1%) 11% Gen Asphalt (a25c) x 7% Gen Baking (60c) .. 5% Gen Eronze 2 GenCable._____. 4 Gen Cable (A)--——. 46': Gen Cigar (14) 20': Gen Electric (80¢) 30 Gen Foods (1.80) 1 Gen Gas& El (A) . 8 Gen G&E 6%cv pfA 597 Gen Mills (3) . ____ 59% 26% Gen Motors (12) | 120 107': Gen Motors pf (5)_. 4% 3 Gen Outdoor Adv.__. 17% 10 Gen Outdoor Adv A- 109 93'; Gen Print Ink pf(6) 415 11 Gen Public Service_ 15% Gen Ry Signal (1)_. % Gen Realty & Util._ 16% Gen Refrac (a50c)- 14 Gen Stl Casting pf. 12 Giliett Saf Raz (1) 70; Giliett Saf R pf (5). 21x Gimbel Bros 23% Glidden Co (+1) 11z Gobel (Adolf)(d)... 14% Gold Dust (1.20) ... 71: Goodrich (B F) . 0 " Goodrich (B F) pf. i Goodvear T&R 213 Gotham Stik Hos 20 Gotham Silk H pf. 1% Graham-Paige 514 Granby Consol 24 Grand Union 14% Grand Un pf (1 1815 Granite City Stl ll.) 26 Grant (W T)(t1)... 9% Grt Northernpf ___ 914 Grt North Ore (50¢) 26% Grt West Sug (2.40) 21 GreenBay & W (1)- Green (H L) Co 34 Greene Cgnan (12)_ 20'; Greyhound Corp 1 Guantanamo Sugar. 4 Gulf Motile& N 6 Gulf Mobile & N pf_ 12 Gulf States Steel 48 Gulf States Stl 1st 211 Hackensack W(1%) 30 Hack WpfA(1%).. 4 Hall W F Printing_.. 615 Hamilton Watch _ 16 Harbison Walk (1). 99% Harbison W pf (6)-. 533 Hat Corp of Amer _ 81 HatCpf ww (6%3)-. 1% Hayes Body ___ 85 Hazel Atlas GI (5)_. 12 11 Hercules Motor (1). 128 122 Hercules Pw pf (7). 25% 5% Holland Furnace __ 11 6% Holland & Son (50¢) 431 338 Homestake (112) 613 Houd-Hersh (B) 1% Houston Oil (new) . 43 Howe Sound (13) 2% Hudson & Manha 613 Hudson & Man p 6!4 Hudson Motor Car. % Hupp Motors 915 Ilinots Central 15 Illinois Central pf__ 40 11l Cent Ise lines (4) 24 Indian Refining .. 231; Indus Rayon (1.68). 6072 Ingersoll-Rand (2). 46% Inland Steel (12) 213 Inspiration Copper 4 Insur Sh Md cfs 15e 8% Interboro R T (d) . 1% Intercontl Rubber_. 4% interlake Iron 5 2% Int Agricultural 187 149% Int Bus Mach (16) .. 7% 3% Int Car'rs Ltd (20e) 36% 227 Int Cement (1). __ Bales— Add 0. 20 66 5% 18% i 448 6% 5514 4 10 15% 2% 17% 26 531 B 314 115% % 105% 6% 6% 1714 214 10t 3 1784 T% u 18‘- 2% 11% 3% 179% % HSM & [9) Net. Low. Close.Chse. 66 11 5% + % 32% 1% 6614 +1% 9215 ~3% 16% — % 425% 1% 26% 61% 1% + % —1% W 6 3% Prev. 1335 Righ. Low. | 200 158 Stock and Dividend Rate.. @ (5 8)(1)_ 221 Kroger G&B (1.60) 19% Laclede Gas pf. 21% Lambert Co (2) 8% Lee Rub&Tire (50c) 10% Leh Port Cement.__. 1%2 Lehigh Valley Coal. 5% Lenigh Val Coal of - 5 Lehigh Valley R R.. 6714 Lehman C (12.40) __ 10% Lehn&Fink Prod(1) 6'4 Libby McNeill & L 211 Lib-O-Ford G1(1.20) 21 Life Saver (1 60) 93% Ligg&Myers (14) B 15% Lily Tulip Cup(1%) 13!2 Lima Locomotive.... 17% Link Beit (80¢C) - cuu. 24 Liguid Carb (11)... 31% Loew's Ine (2) % 102 Loew's Inc pf (6%). 1 Loft Ine 1% Long Bell Lum (A)- 181 Lorillard P (11.20) 3 La Olt Ref (d) .- 4% La Oil Ref pf (d)-_. 10% Louisv G&EpfA 1% 34 Louis&Nash (a23). 261 12% Ludlum Steel 135 90% Ludlum Stl p£(6%). 130 113 McAnd & F pf (6). ii‘/s 28 McCall Corp (2) 13% 104 w-. 22% 58 57" McCrory Strs pf (d) T4 McGraw Hill Pub__ 33% Mclintyre Porcu(2). 574 McKesson & Rob. .. 32 McKesson & Rob pf. 8!3 McLellan Stores.___. 18% Mack Truck 1) .___ 80% Macy (R H)& Co(2) 5! Madison Sq G(a30c) 18% Magma Copper 12) . % Manat1 Sugar «d) .. 13% Man Ei md gid (d) .. 10 Manhat Shirt (60c). 1 Maracaibo Oil Exp._. 5'% Marine Midld (40c). 20 Marlin-Rockwell(2) 6% Marshall Field & Co 4 Martin Parry _ 23% Mathieson Alk » May Dept Str (1.1 60) 2 Maytag Co________. 843 Maytag 1st pf (6).- 41 Melville Shoe (3). s 3 Mengel Co._.. 20% Mengel Co pf. » Mesta Machine (2).- 2 Miami Copper 912 Mid Cont Pet (a40c¢) 8! Midland Steel Prod._ 60's Midl'd St 1st pf(8). 58 Minn Hon R (13) 372 Minn Moline Pwr. ' Minn & St L () % M St P&S S Marie._. 1 MStP&SSMpf __ «MStP&SSMlisin. 213 Mo Kans & Texa 57s Mo Kans & Tex pt. 1 Mo Pacific (d) _ 113 Mo Pacific pt (d) 10% Mohawk Carp (1) __ 55 Monsanto Chem(11) 21% Montgomery Ward_ 's Mother Lode . ____. 17'« Motor Products 2). T'x Motor Whee! (60c). 9 Mullins Mfg (A) 91 Mullins Mfg (B) 62 Mullins Mfg pf .. 13!4 Munsingwear Inc_ 4% Murray tCorp._ . 30 Myers(FE)& B(2) 11 Nash Motors (1) 14 Nashv Chat&St L. 4'; Nat Acme Co 6% Nat Aviation 4 Nat Biscuit (1. 1313 Nat Cash Reg(50c)_ 274 Nat Dairy P (1.20). 1!z Nat Dept Stores (d) 7 Nat Dept Str pf (d)- 4 Natl Distillers (2) .. 50 Nat Lead pf (7) A 47 Nat Pwr&Lt (60c) 403 Nat Steel (11) 9 Nat Supply Co. JS Nat Supply Co pf-. t Tea (60c) tomas Co (8 vberry J J(1.60 I‘» Newport Industrie: 182 N ¥ Airbrake._ 12 N ¥ Central R R 6 N Y Chicago & St L. 9% N Y Chi & St L pf.. 2 NY Dock.. 4 N Y Dockpf_ 1% N Y Investors (d) 2% NY NH& H «d)_ 5% NY NH& H pf (d)-. 2% N Y Ontario & West %N Y Ryspf (d)____. 6s N ¥ Shipbuilding-. 69 N Y Steam pf (6).. 7 N Y Gteam 1st (7). L \orfolk Soutan (d). rtolk & W (18)__ 2 North Am Aviation. 9 North Am Co (1) 35'3 North Am Co pf (3) 13's Northern Pacific .. » Northwest Tel (3)_. rwalk Tire&Rub. Norw'lk T&R pf (2) 914 Ohio Oil (a30c) 16% Oliver Farm Equip- 3'3 Omnibus Corp vte .. 114 Otis Elevator (60c). 106 Otis Elev pf (6) - 4% Otis Steel 80 Owens-11l Glass(4). 14 Pac Am Fish(aZsc). 1 Pacific Coast2d.___ 13% PacificG & k (133). 19 Pacific Ltg (2.40)_. 12 Pacitic Mills 6% Pac Wes Oil (b40c). 8'3 Packard Motors _. '3 Panhandle Pro& R. 6!2 Panhandle P&R pf_. ¥ Paramount Pictures 74'; Param't Pic 1st pf_. 9% Param’t Pic 2d pf_ 2% Park Utah . ___ * Parmelee Transp't. 47 Pathe Film Corp. 814 Patino Mines . _ 4+ Peerless Motor. 4« Penney J C(2) .o 4 Penn Coal & Coke._. 3 Penn Dixie Cement. 18 Penn Dixie C pf(A). 17% Penn R R (abuc) 30 PeoplesDS (1) 17% Peoples Gas Chi._ 9% Pere Marquette._. 16!z Pere Marq pr pf.. 132 Pet Milk (1) 3% Petr C of Am(a33c). 11 Pfeiffer Brew (t1)_. 12% Phelps Dodge a50c... 3!3 Phila Rap Tr pf (d) 1% Phila & Read C&I._. 35% Philip Morris (1 5'2 Phillips-Jones C 13% Phillips Petrol ( 3 Phoenix Hoslery. 1 Pierce Oil - 2% Plerce Oil pf 5 Pierce Petroleum-.. 7 Pitts Coal 26 Pitts Coal pf. 512 Pitts Screw & Bolt. 22'4 Pitts Steel pf 1 Pitts Term Coal 10% Pitts Term Coal pf. 1% Pitts United Corp-. 7 Pitts & W Va. 1 Pittston Co 61 Plymouth Ofl... 614 Poor & Co (B) . 4%, Postal Tel&C pf (d) 5 Pressed Stl Car (d). 614 D’ressed £tl C pt (d) 42% Proc&Gambl (11%) 20% Pub Sve N J (2.40).. 62% Pub Sve N J pf (5). NOVEMBER 25, 1935. Net Low. Close.Chge. | High. -% Far | L PINANCIAL :oonn. Prev. 1035 Stock and Low. Dividend Rate.. 113% 104% Safeway Strs pf( 10% St Joseph Ld (40c). " % St L-San Fran (d) .. 2‘,4 1 St L-San Frpf (d).. 14 8 StLSouthwR.co... 6 Savage Arms.. 22 Schenley Distillers. 1% Schulte Retail St 8 Schulte R Strspf__. 55 Scott Paper (1.80) .. % Seaboard Air L (d). % Seaboard A L pf(d). 2W Seab'd O Del (160c). 2% Seagrave Corp 31 Sears Roebuck (12). 114 Second Natl [nvest_ 40 Sec Nat Invpf $2%. T% Servel Inc (al2%c). 9 Sharon Steel Hoop.. 3% Sharp & Dohme __ 744 Shattuck(F G)(25¢) 20% Shell Trad (a1.23.7) 5% Shell Union Ofl 8% Silver King C (40e). 6 SimmonsCo.. __. 4% Simms Petr (a50¢)_ 6% Skelly Of] __ ____.. 24. Sloss-Shef Stl pf... Smith (A O). 15% Snider Packing ... 10% Socony-Vac (30¢) .. 20 So Porto R Sug (2)- 150 132 SoPortoR S pf (8). 27 10% South Cal Ed (1%). 24% 12% Southern Pacifie__.. 5% Southern Raflway.. 7 Southern Ry pf ___. 15 So Ry M&O ctfh (4). 5 Spalding (A G) 42 Spalding(AG)1st pf 591; Spang Chalf pf $3% 2% Sparks-Withington 3% Spear & Co 31 Spencer Kell (1.60). 4 Sperry vte (a25e) . '4"4 Spicer Mfg pf (3) .. 437 Spiegel- 8 (3) .. 12'; Stand Brands (80c). 212 Stand Com Tobacco. 1% Stand Gas & El (d) _ 1% Stand G&E $4 pf (d) 4% Stand G&E $6 pf(d) 6 Stand G&E $7 pf (d) 27% Stand Oil of Cal (1) 23 Stand Oil of Ind (1). 35% Stand OII NJ (11) .. 12'4 Starrett (L §)(1) .. 58% Sterling Prod (3.80) 1% Sterling Secur (A).. 6% Stewart-Warn t50c. 2'; Stone & Webster. 2'4 Studebaker Corp. 60! Sun Oil (11) - 121 115'% Sun Oil pf (6)_ 29% 11 Superheater (50c) 3 1% Superior Ofl 12% 5 Superior Stee! 23 177 Sutherl'd Pa 18 9 3'% Sweets Coof Am 207 14% Swift & Co (1) 1% % Symington (d).__ 5'3 1% Symington (A)(d).. 9% 64 Telautograph(60c). 4 Tennessee Corp.... 1613 Texas Corp (1) 28% Texas Gulf Sul (2) 14 Texas&PacRR __ 3% Tex Pac Coal & Oil_ 812 Tex Pac Land Trust 13's Thatcher (1) 5% The Fair _ 2'z Thermoid Co . 51 Thomp'n(J R)(50¢) 13% Thompson Prod . 1% Thompson Starrett. 17 Thompson Star pf__ T3 Tide-Wat Asso Oil 4% Timken- Detroft 28% Timken R B (12). 7% Trans & Westn Air_ 47x Transamerica (30c) 5% Transue&Willlams._ 17» Tri-Contl Corp 69 Tri-Contl C pf (6) 3% Truax-Tra Coal . 313 Truscon Steel ____. 13 20th Century Fox 24% 20th Century Fox pf 213 TwinCity R T % 18 TwinCity RTpf. 1'% Ulen & Co 53% Und-Ell-Fish (2 29 Union Bag& Pap (2) 44 Union Carb&C(1.60) 14% Union Ofl of Cal (1) 82's Union Pacific () 79'z Union Pacific pf (4) 20% Un Tank Car (1.20) 97 United Afrcraft. 4% United Afr Line vte 7 United Am Bosch .. 20% United Bisc (1.60) . 14% United-Car Fast(1) 46 United Carbon 2.40. 114 United Corp . 20% United Corp pf (3) - 8% United Drug ___ 4': United Dyewood 314 United Elec Coal 60'; United Fruit (3)___ 9% United Gas Imp (1) 8713 United Gas 1 pf (5) 2% United Paperb'd (d) 5 U S Distributing pf 4!z US & For'n Secur_. 11 U S Freight (11) _ 40'; US Gypsum (t1) .. 5 US Hoffman 35' U S Ind Alcohol (2) 813 U S Leather vte T'2 U 8 Leather (A)vte 53 U S Leath prpf vtc. 14% U S Pipe & F (50c).. 3 U S Realty & Imp- 914 U S Rubber. __ 242 U S Rubber 1st pf 92 USSm& Ref (a8).. 627; U S Sm&R pf (3%)- 27% U S Steel 73% U S Steel pf (2). 3'3 United Stores (A 51 Un‘v Leaf Tob (12 29 Univ Pic 1st pf. 7% Univ Pipe&Rad (d) 9% Univ P&R pf (d) __ 1 UtlPwr&Lt(A).. 13 Vadsco Sales Corp.-. 191 Vadsco Sales " pf. 11% Vanadtum Corp . 11% Van Raalte (a50c).. 91 Van Ral 1st pf (7).. 34 Vick Chem (12) 21; Va-Car Chemical __ 17'3 Va-Car Chem 6% of 85 Va-Car Ch 7%pf(7) 721 Va E) & Pwr pf (6) . 2 Va Iron Coal&Coke. 63% Vulcan Detin (a4) 1 Wabash (d) __ 1% Wabash pf (A) M)l 108 24% 1% 20 1 Wabash pf (B)(d).. 100s 4% Waldorf Sys (50¢) 264 Waigreen (a1.30)_. 1% Walworth Co (d) . 5 Ward Baking (A)-. 9 o % 4 102% 101% 101%a — s 1% Ward Baking (B)- 28!, Ward Baking pf (2) 214 Warner Bros Pic_. 5 Warner-Quin (d)-. 213 Warren Bros 7% Warren Bros 20% Warren FAry&P(1). 4 Webster Eisenlohr. 1 Wells Fargo .. 301 Wesson O&S(150c). 72 Wesson O&S pf (4). 34 West Pa Elec ()A 36 West Pa Elec pf(6) 397 West Pa Elec pf(7) !20 1041 West Pa Pwr pf(7). 5% Western Maryland. 715 Western Md 2d pf_ 16% Westvaco Chl (40¢) 18 Wheel & Lake Erie_ 14% Wheeling Steel. Net., MdW High. Low. Close.Chge. 108 108 -1 3% Zl‘& + !fi % 1+ % 2% + % 12 + % 12% — % 50% =1% 4 12 ld'll/; ll! +3 25% 25% — % 23% 24% 13% 18% 30% s AT TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE|RALRIADS, 01S AND MOTORS RISE Plenty of Profit Taking Also Net change. +.1 Today, noon. 75.3 Prev. day... Month ago- Year ago... ‘NEW YORK, November Cautious bullishness ruled in todayi stock market. Some of the rails, oils, motors and scattered specialties’ showed an inclis nation to resume the upward pusly but profit-takers were plentiful. A fast-churning movement in the firsl | hour found the ticker tape again be- hind. The volume dwindled later an¢ trends were not particularly definite. JAEERZIRE +t+ Noted During Today’s Market. Stock Averages Indis. Ralls +3 205 292 25.1 15 60 Util. Stks 1 +2 447 562 44.6 56.0 52.7 41.1 5.2 2.6 55.1 1935 high. 163 1935 low. - 17 1929 high .. 160' 153.9 184.3 157.7 1927 low. 51.6 953 618 618 (Complled by the Associated Press.) BY VICTOR EUBANK, Associated Press Financial Writer. 25—~ Cotton was fairly firm, but grainj were backward. Secondary rail loan) were in demand in the bond depart, ment. slightly lower, reflecting further un. easiness over the financial and politi- cal crisis in Paris. Shares of Homestake Mining jumpe{ 23 points on a single transfer. erately higher quotations were regis tered by N. Y. Central, Louisville { Nashville, Chesapeake Corp., Southeri Pacific. Standard Ofil of California Anaconda, American Telephone and Johns-Mam ville. Steel and power and light issuel were at a standstill. Wall Street did not seem especialll stirred by the action of the Suprem: The French franc pointei Mod: Chrysler, Studebaker | Court in granting a temporary injunc- tion against the levying of the Nev Deal rice processing tax. Followers of the carriers were en {camged by the opinion of Chairmat | Jones of the R. F. C. that the rail = | roads were carrying a substantial por: tion of the expansion in gross revenue ; | to net income. P % % % | +6 .+‘i New York Cotton NEW YORK, November 25 (#).— Early advances in response to highel markets abroad were followed by par- tial reactions in cotton today under realizing and some Southern hedging December contracts, after selling up | to 11.93, eased off to 11.84 and wer -1 K + % ¢| “ressn T o S ruling around afternoon marker, 2 to 6 points net higher. . AuTO SCHEDULES REACH 11.86 in the mid which was abou BEST MARK SINCE 192¢ By the Associated Press. NEW YORK, November 25.—Cadil lac and La Salle divisions of Genera Motors Corp. have advanced produc [ tion schedules to the highest level | since 1929, it was announced today The December production, as planaed 4 nearly double that of November. - METAL MARKET FIRM. | NEW YORK, November 25 (#).— The movement of non-ferrous metaj | into consumption is holding up “ra markably well,” and the undertone § 5% FIRST 5'%% TRUST LOANS Long term loans at lowest rates for refinancing. Construction loans for 3 years. BOSS & PHELPS MORTGAGE CO LOAN CORRESPONDENT John Hancock Mutual Life Ins. Co. 1417 K St. N.W. NA. 9300. : I Ready Money plus 5teady income A Savings Account —is your best friend in time of need! Building and Loan Plan d Saving is the ideal plan . . . th{ PROVEN plan! | @ It provides the means of saving o1 a steady, easy schedule, which salaried people will not find burdensome. @ Your money is safe, because it invested right here in this communf . . . on occupied HOMES, conservas RO ORI D0 a 00— Operal in October, from $3,391.31 to $5,704.65, 20 Cluett Peabody (1). 2 65% 34% Int Harvester 1.21 60% tively appraised . . . not remotely away 67 White Motor _ while operating expenses and taxes +also increased in October, from $32,- 89265 to $35,367.19. $ Insurance Officials Here. The John L. McElresh Agency, Washington representative for the Gonnecticut Mutual Life Insurance Co., was visited today by Vincent B. Coffin, superintendent of agencies, and Fred O. Lyter, assistant superintend- 3: of agencies. They reported company is 13 per cent ahead in life insurance sales for the year and 48 per cent in annuity sales. Among a group of seven agencies which are in a contest extending over last six months of the year, the ington agency is receiving con- gratulations for having won the trophy ons are being extended kfiknunsnmlunnmctm -for premiums for 126 110 Cluett Peab pf (7). 298% 1617 Coca-Cola (8).. . 53% Coca-Cola (A)(3)._. T2% Coca-Cola wi (2).. 15% Colgate-P-P (150¢). 9 Collins&Afk (ab0c). 69% ColMns & Aik pf (7) 6% Colonial Beacon Oil 5 Colo k'uel & Ir (d) . 7 Colo & South 1st pf_ 6% Colo & South 2d pf_. 3% Col G & E (a20c) 31 Col '3& Ept (5) ___ 341 Columb Pie vte (t1) 67 Colum Carb vte(t4). 39% Comel Credit (2%%). 56% Comecl Inv Tr (13) . 97% Comel in T pf (4% 16% Comel Solv (180c) . % Comw & Southern... 29% Comw & Sou pf (3). 5% Conde Nnn Pub.___ -N 11.60. Conn R & I. | S, 7 Consol CIgar-—eeeee 27 82 69 ConCoprpfwwélh. IW" PRSTS PPeperae §§ 83528 - s 8 N 822 FEF 5 ~ g 162 135 Int Harvester pf(7) 4% 1% Int Hydro Elec (A). 39% 22% Int Nich Can(a76c). 1% Int Paper & Pw (A). % Int Paper & Pw (B). 3 Int Paper & Pw (C). 4% Int Paper & Pw pf__ 2115 Int Print Ink (1.40). 9814 Int Print Ink pf (6). 42Y% Int Shoe (12).acoae. 16 Int Stlver 5% Int Tel & Te! - 8% Interstate Dept Str. 49 Jewel Tea (3) 381 Johns-Manv (a50c) 50 Jones &Laugh7%pf 8% Kans City Southn . 6% Kans City South pf_ 7% Kaufmann D 8(80c) 16% KayserJ&Co(al.15). 6 Kelsey-Hayes (A).. 3% Kelsey-Hayes (B).. 10% Kelvinator (+50c) . Kendall Co pf ('G)_ G R) co... Copt. oo muo.—egfin" a1 -1 73 PubSve NJ pf (6).. 97 Pub Svc E&G pf(5). 29% Pullman Ine (13%)-. 5% Pure Oil 49% Pure 011 8% pf.._.. 8% Purity Bakeries (1) 4 Radio Corporation.. 50 RadioCorppfA3% 35% RadioCorppf B __. 1% Radio-Keith-Or(d). 4% R R Sec [1l Cent___. 162 Raybestos-Man(1). 29% Reading (2) 7 Remingto 21% Rem-R'd 5% p! 69 Rem-Rand pf (6)__. 2% Reo Motor Car. 9 Republic Steel . 28% Republic Steel pf. 78% Rep St prpf A $1% - 5% Revere Copper..._. 13 Revere Copper (A). 26% 17'% Reynolds Met (1)... 112% 101 mmldnll Df(l%) 12% Reynolds 6% Rutland RR 86% + % 48 31% Safeway Stores (2). t S 115% 115% 116% — % 1121 112% 112% + % 38% 38 38 — % 13% 12% 12% — % 112 12 112 -1% 7 4% 15 + % % 1% — % 56 56 821 5% 10% 29% 381 10 16% 24%, 28% m 43% Reynolds '.l'ob B (I) - ol > 2 3 [ 2. 12% White Rk M S(1.40) 1% White Sewing Mch... 6 White Sew Mch pf. 1 Wilcox Oil & G: 3% Wilson & Co (5 58 Wilson & Co pf (6). 51 Woolworth (2.40) . 11% Worthington Pump. 25% Worth Pump pf(A) 20 Worth Pump pf(B) 35% Wright Aero 73% Wrigley W ir (13) 2% Yellow Truck 31% low Truck pf 18 Young Spr& W ( 13 Youngstown S&T. 1% Zenith Radio 2% Zonite Products.... Rights Expire. 1% Allis-Chalm Dec. 11 % Budd Mfg. Apr.1é 62 50s 2 13 48 12 140 %6 3 4 34% — 4% + % L e 13% 5% 1% 1%-% 2% 2% mdm-mn.!.lmm 11:00 A.l._.--l.lw 000 12 '0. P.E__‘._. 90,000 2: P.M.... % Paid on Savings ~—~Compounded Semi - Annually From the date of withdrawal. date of payment to thi ® No restrictions on the amount: you may deposit, or withdraw. The Fidelity Building & Loan Association MAIN OFFICE, 610 13th St. IW.